Executive Summary

MedRisk, LLC & Subsidiaries is a healthcare management company headquartered in West Conshohocken, Pennsylvania. As a specialty managed-care organization, MedRisk delivers comprehensive medical cost-containment solutions to the workers’ compensation and auto liability industries. With deep expertise in physical medicine management and care coordination, the company supports insurance carriers, self-insured employers, third-party administrators, state funds, and public entities in improving clinical outcomes while reducing medical spend.

MedRisk provides an integrated software-and-services platform that unifies medical billing review, utilization review, case management, nurse triage/first-aid services, and state reporting into a single streamlined solution. This technology-driven, end-to-end model ensures accuracy, compliance, and efficiency throughout the claims lifecycle, enabling clients to better manage cost, quality, and continuity of care.

MedRisk’s operations span the United States and extend internationally through service centers in the Philippines, Guatemala, and India, supporting scalable, high-quality service delivery worldwide.

We recognize that climate change presents both direct and indirect risks to our business, including potential disruptions to global operations, workforce health, and supply chains. As part of our broader corporate responsibility commitments, we are taking steps to understand our environmental footprint, strengthen resilience in our global operations, and promote responsible business practices that contribute to long-term sustainability.

This report has been prepared in alignment with the Task Force on Climate-related Financial Disclosures (TCFD) framework and California Senate Bill 261. Its purpose is to provide transparent, structured disclosure of how MedRisk identifies, manages, and oversees climate-related financial risks and opportunities across our operations and value chain.

Governance

(Content available in the downloadable report below.)

Strategy

We have identified a range of climate-related risks and opportunities that could influence our operations and service delivery in the years ahead.

Although we have not yet defined distinct short-, medium-, and long-term horizons, our understanding of these risks is based on operational experience, particularly in the regions where we operate service centers and where severe weather events have occurred.

Risk Management

(Content available in the downloadable report below.)

Metrics & Targets

(Content available in the downloadable report below.)

CAUTIONARY STATEMENT

NO PRESUMPTION OF MATERIALITY

This report has been prepared in accordance with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) to comply with California’s SB 261. It is intended to provide information regarding potential climate-related financial risks that the company may face. The risks and statements described herein are based on current knowledge, assumptions, and available data as of the date of publication.

Nothing in this document is intended to imply, nor should it be construed to indicate, that any specific risk or statement discussed is financially material to the company. The identification or discussion of any particular risk does not constitute an admission or representation regarding its materiality, probability, or potential impact under applicable securities laws or accounting standards. Readers are cautioned not to place undue reliance on forward-looking statements or scenario analyses, which are subject to inherent uncertainties.

The company undertakes no obligation to update any information contained in this report except as required by law.