Hubbell Policies

including Intangible Assets representing the value of customer lists, trademarks and trade names, and technology.

Indefinite-Lived Intangible Assets shall mean Intangible Assets that are deemed to have an indefinite useful life. Indefinite-Lived Intangible assets are not amortized.

Goodwill shall mean an asset representing the future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Goodwill is not amortized under U.S. GAAP.

PP&E shall mean property, plant and equipment.

RELATED DOCUMENTS (Policies, Guidelines, Standards)

• FIN 08 - Capitalized Software Costs Policy.

VERSION

Version

Approval

Effective 2014.08.01 2019.08.15 2023.03.31

Changes

1 2 3

J. Capozzoli, A. Hsieh, S. Mais J. Capozzoli, K. Lane, S. Mais J. Del Nero, A. Flynn, K. Lane

Original Issue.

Conformed to new template.

Wording updates and changes to impairment review timing.

20