Intel’s Retiree Organization

1. Intel’s Retiree Organization

2. Why We are Meeting Today • To educate you on the Intel Retiree Organization (IRO) • To ask for Intel support & sponsorship

3. Intel Retiree Demographics • ~2200 • 500+ Oregon • 400+ Santa Clara/Bay Area • ~400 Arizona • 150 Folsom • 150 Massachusetts

4. Intel Retiree Organization Board • Started operating in 2001 as an Oregon/Washington only alumni volunteer group (IAV) • By laws created 2002 that restricted membership to retirees • 2006 presented at Santa Clara & Arizona RUM’s as part of their 2006 Objectives • July 2006, Tracy Koon, Barb Frank, & Sharon Bernier joined to work on expanding efforts to all major Intel US sites

5. Current Status • 15 self-appointed board members meeting monthly for 2 hours, plus committee activity: • Oregon Socials & Events Committee (Judy Goodman chair) • By Laws Committee (Dollie Smith chair) • Revising form IAV to IRO • Structure Committee (Elyce Wair chair) • Revising to reflect multiple sites & need for fomal roles & responsibilities • Medical Benefits Committee (Ben Manny chair) • Communications Committee (Barb Frank chair) • Website sub-committee (John Coutu chair) • 5 new board candidates pending structure revision – 2 for Bay Area, 1 for Folsom, 1 for New Mexico, & 1 for Arizona

6. Current “Involved” Status • ~600 of the 2200 have “opted in” for email communications • Surveys have been conducted with Oregon, Bay Area, & Arizona retirees with ~30% response rate of “opted” in retirees • Key Findings include: • Healthcare a top concern, especially for under 65 folks • What are the best options? • Retirees want a more formal structure with stronger linkage to Intel, the company – willing to pay dues/membership fees • Website needs improvements: • Directory is not dynamic • Content is not relevant to retirees – examples: • Volunteer Activities are not linked or posted • Intel Strategic Info not linked i.e. the blog

7. 2007 Revised Mission Statement • To make meaningful and positive difference for Intel retirees, the Company, our local communities, and current employees planning for retirement

8. The Intel Relationship What has worked • Support for the Newsletter • Support for conference rooms and bridges, Oregon only • Intel Matching dollar support for • United Way contributions • Education contributions • Volunteer time for education • New email address exchange process for opt in retirees between Intel and the Board • Intel funded dinners and picnics, Oregon only • Intel Rums until they were discontinued

9. The Intel Relationship What has not been successful • Maintaining an Intel VP champion senior to lobby for and obtain resources for retirees, especially now that we are expanding to other sites (scalable support system) • Website support at a level that is valuable to retirees/ not just an info center for Intel • Utilizing retirees as advisors for health care benefit negotiations and prioritization • On going support for RUMS

10. Q4 2007 IRO Plan Intel Retirees Manage & Fund with Membership fees: • Structure • Independent website • Activities & events • Clubs • Special projects • Newsletter content

11. Intel Support Recommendation • Continue email & home mail list management • Continue newsletter printing and distribution • Continue bridges for board meetings • Continue Intel liasion to the IRO board • Add bridges for all IRO business (Committee meetings, etc.) • Add RUMS or some alternative to keep us briefed on company strategies • Add education of IRO opportunity to employees planning for retirement (sanctions IRO) • Add V.P. sponsorship & involvement

12. Next Steps?

13. Back Up • History of Oregon/Washington Group • 2006 Brochure • Value Proposition

14. 2001 2002 2003 2004 2005 Core Group Formed guided by Volunteer America, Intel Management, & Retires Monthly Meetings, Mission Statement, Vision Elements First Annual Retiree Dinner Retiree brochure developed • RUM Rolled out at Other Sites • 420 Retirees, • ( 300 in Local Area ) • 10+/- Attendees at Monthly • Social events • 311 Email List Participants • ………………………………….. • The Annual Dinner Eliminated • Rums cut back to 3 at Retiree • request – then Cut Back to Semi- • annual by Intel • Direct Contact with Retirees • revised – Opt-in process • Lost Several Board Members 40+ RUM Attendees 80 at Annual Dinner Quarterly Newsletter Volunteer Activities continue By Laws Finalized First Retiree Business Update Meeting Retired Employee Web Site created Retiree Data Information Shared (secured) Volunteer activities to 4-H, Community Action, Developed Robotic program, program for Homeless, etc IOIC, YWCA, SOLV, ISEF, Retiree Volunteers and Students Matching Grant Program for Donations, Volunteer Time Feedback for Intel Retirement Medical Plan Newsletter Created Retiree Web Site Evolved, Improved Investeers Created - Investment Education Interest Group History – Oregon/Washington Group

15. 2006 IRO Brochure

16. 2007 Value Proposition How Retirees Can Help Intel: • Retirees help enhance Intel’s corporate reputation and serve as important “ambassadors/evangelists” in our neighborhoods and communities by:   • Being actively involved in the company’s volunteer programs • Creating specific programs where retirees can add value as a group • Supporting the Intel Foundation Matching Gifts to Education • Supporting the government and public affairs programs that Intel cares about • Providing Intel with an experienced and positive group of advocates for the company and its programs

17. 2007 Value Proposition • Given that many are politically and socially active, retirees can act as “advisors” to Intel • Retirees can share local opinions/issues on government and public affairs programs • Retirees can help current employees transition into retirement by sharing what we have learned during the process • Retirees can provide meaningful input into compensation and benefit programs, like healthcare

18. 2007 Value Proposition How Intel Can Help Retirees: • By including retirees as an integral, valued and contributing part of Intel – viewed as part of the Intel family: • Naming appropriate VP level sponsor(s) for the Intel Retiree Organization to represent and advocate for retirees at the highest level • Helping retirees keep current with the company’s strategies, positions and activities and their roles in them

19. 2007 Value Proposition • Give the Intel Retiree Organization the resources needed to deliver on their roles and goals • Budget to support communication and membership efforts such as newsletters, local events, etc. • Internal resources (people, facilities, etc.) to provide updated home addresses & email lists; Intel campus rooms & conference call support for board member meetings; retiree website support; etc. • Key liaison(s) that represent and advocate for retirees • Provide a proactive network so retirees can maneuver efficiently & effectively through Intel • Solicit and seriously listen to retiree input on issues such as healthcare benefits

20. 2007 Value Proposition How Retirees help Retirees: • Build an organization that meets the current and changing needs of our retiree population • Grow the organization and leverage the power of the group to meet the needs of both the retirees and our communities • Provide a network of communication and support & create a strong social network • Continue to add value by exploring and implementing new programs/features such as speakers, clubs, job referrals, etc