CSL Annual Report 2023

CSL Limited Annual Report 2022/23 42 Providing promising futures We want our people to have Promising Futures where they fulfill their individual career aspirations and potential and are inspired by a purpose-driven company with a values-based culture. CSL continues to invest in a variety of programs, such as health and wellness, training and development, and rewards and recognition, that reflect our commitment to helping employees develop and thrive. Additionally, CSL believes in the power of education to create opportunities and change peoples’ lives. CSL’s Promising FUTURES Scholarship Program provides financial assistance to employees and their dependents for technical school, vocational school, two- and four-year colleges or advanced education. The programwas specifically designed to support individuals from traditionally underprivileged, underrepresented communities – those who have had to overcome substantial obstacles to pursue their studies or first-generation college students. We launched the program in 2021 in the United States, and expanded it to Australia the following year. In Australia in 2022, we awarded two scholarships and in 2023, there were three successful applicants. Our 2023 United States scholarship program also included our CSL Vifor colleagues based in the United States and garnered the highest participation to date with 112 applicants. Of those, 70% identified as women, <1% as nonbinary/third gender and 66% as racially diverse. Thirty-seven scholarships were awarded. I am so incredibly grateful for this scholarship. It will help me complete college, with some financial burden lifted off of my family. I will work my hardest to make sure that CSL has made a good investment in my academic career, as well as my future! Davin Metcalf, Scholarship Recipient This scholarship is confirmation to me that CSL is a great organisation that is truly looking to invest in young people, future leaders and folks who are interested in the life sciences. Davin is pursuing a Biological Sciences degree that may, one day, lead him to a company like CSL. I’m just so pleased that CSL wants to invest in my son’s future and is recognising him not only for his grades and academic pursuits, but also for his leadership qualities. Matt Metcalf, Regional Access Manager, Commercial Attracting and advancing future talent The company’s early career programs for STEM talent around the globe help to build CSL’s future talent pipeline. The Australian Graduate Program is a two-year rotational program that focuses on attracting, developing and retaining top graduates who are ambitious, innovative and tech-savvy. The program offers undergraduates career opportunities within our global businesses through cross-functional rotations and specialised development. Since the program’s inception, we have recruited 84 graduates with 96% conversion into roles post-program and an 84% retention rate. CSL’s Australian Internship Program is a paid, 10-week program for university undergraduate and post-graduate students in their last year of study. The program provides hands-on experience and learning and development opportunities with exposure to various teams and functions across the business all while working alongside and learning from a diverse group of professionals who are leaders in their respective fields. Interns can also apply to be considered for early offers to join our award-winning Graduate Program in the following year. The EMEA Trainee Program invites candidates, who recently graduated with a bachelor’s, master’s or doctorate degree, to participate in a two-year, cross-functional rotation program in the areas of Engineering, Marketing, Medical Affairs, Manufacturing, Quality and/or Research & Development (R&D). Candidates have an assigned mentor and take part in a wide range of development and networking opportunities, including leadership assessments, innovation sessions and project management. In 2022, four of the five Graduate Trainees, who completed the program across CSL Vifor, CSL Behring and CSL Seqirus, have secured full-time employment with CSL. Our Apprenticeship and Dual Study Programs in Germany and Switzerland strengthen our talent pipeline across multiple functions, including Manufacturing and R&D. Programs spanning three or four years adhere to all applicable regulatory requirements and include personal, professional and academic training to develop CSL’s workforce of the future. Many of the apprentices and dual study students continue their career within CSL. To date, more than 100 apprentices have completed apprenticeships in Germany and Switzerland, and 30 participants completed the Dual Study Program. In 2022, both programs saw a conversion rate of 80%. Attracting students enrolled in a four-year college or university, CSL’s North America Internship & Co-op Program spans 12 to 26 weeks and builds on classroom theory to provide students with practical, hands-on experiences involving multiple CSL entities, functions and locations. Interns and co-op participants participate in a variety of development opportunities, including an Insights Discovery Assessment, skill-building workshops and business-specific training. Additionally, CSL employees serve as mentors, offering career advice and support. This year, CSL hired 43 students across four sites in the United States. Developing future leaders We maintain a wide range of professional and personal development programs to meet the evolving needs and expectations of our leaders, whether they manage a team or a project and need to get work done through others. From developing strategy and executing with excellence to driving innovation and fostering an inclusive culture, the role of a leader has never been more critical. That is why we continue to support the ongoing development of CSL’s leaders now and for the future. Following are descriptions of some of our development offerings. Mentoring: Mentoring of people leaders is an important component of our learning and development investments. Currently, more than 500 colleagues – 47% of whom are women – participate in our global mentoring program. High Potential Talent Development: Our Executive Edge program accelerates the development of high potential senior leaders to help prepare them for executive roles. 7 CSL’s People

RkJQdWJsaXNoZXIy MjE2NDg3