MedImpact Prescription Drug

Blue Care Elect

Preventive

Covered at 100%
Tier 1 (Retail/Mail Order)

$10/$20
Tier 2 (Retail/Mail Order)

$40/$80
Tier 3 (Retail/Mail Order)

$75/$150
Tier 4 (Retail/Mail Order)

$10 generic $125 preferred, $150 non-preferred; retail only

Preferred Blue PPO Saver

Preventive

Covered at 100%
Tier 1 (Retail/Mail Order)

$20/$40 after deductible
Tier 2 (Retail/Mail Order)

$80/$160 after deductible
Tier 3 (Retail/Mail Order)

$100/$300 after deductible
Tier 4 (Retail/Mail Order)

Applicable cost share after deductible

Advantage Blue EPO

Preventive

Covered at 100%
Tier 1 (Retail/Mail Order)

$5/$10 (preferred generic); $10/$20 (non-preferred generic)
Tier 2 (Retail/Mail Order)

$40/$80
Tier 3 (Retail/Mail Order)

$75/$150
Tier 4 (Retail/Mail Order)

$5 generic, $10 non-preferred generic, $125 preferred, $150 non-preferred; retail only

with

Dental Plan Details

High Plan

Deductible

$50 (I) / $150 (F)
Calendar Year Maximum

$2,000
Bi-Weekly Premium

Employee-only: $10.87

Employee + Spouse: $22.59

Employee + Child(ren): $24.88

Family: $39.20

Low Plan

Deductible

$50 (I) / $150 (F)
Calendar Year Maximum

$1,000
Bi-Weekly Premium

Employee-only: $6.28

Employee + Spouse: $12.96

Employee + Child(ren): $16.10

Family: $24.60

High Plan

Diagnostic & Preventive

100% covered
Basic Services

90% covered
Major Services

60% covered
Orthodontic Services

50% covered
Orthodontic Maximum

$1,000

Low Plan

Diagnostic & Preventive

100% covered
Basic Services

60% covered
Major Services

0% covered
Orthodontic Services

Not covered
Orthodontic Maximum

Not covered

Please note the High Plan covers both children and adult for orthodontia.

Out-of-network services rendered by a dentist who is not a participating provider are covered at the percentage(s) noted above, based on the Reasonable and Customary Charge (R & C Fee). The R&C fee is the lowest of: the dentist's actual charge, the dentist's usual charge for the same or similar services, or the usual charge of most dentists in the same geographic area for the same or similar services as determined by MetLife. Services must be necessary in terms of generally accepted dental standards.

Vision Plan Details

High Plan

Annual Frame Allowance

$210
Frame/Lenses Copay

$10
Frame/Lenses Frequency

12 months/12 months
Eye Exam Copay

$10
Eye Exam Frequency

12 months
Materials Copay

$10 Frame/Lenses
Bi-Weekly Premium

Employee-only: $3.67

Employee + Spouse: $7.27

Employee + Child(ren) $6.23

Family: $10.13

Low Plan

Annual Frame Allowance

$130
Frame/Lenses Copay

$25
Frame/Lenses Frequency

24 months/12 months
Eye Exam Copay

$20
Eye Exam Frequency

12 months
Materials Copay

$25 Frame/Lenses
Bi-Weekly Premium

Employee-only: $2.30

Employee + Spouse: $4.61

Employee + Child(ren) $3.92

Family: $6.46

with

Life/AD&D - The Hartford

Long-Term Disability - Unum

HSA/FSA Plan Details

Health Savings Account

A health savings account (HSA) is a medical savings account that allows you to use pre-tax contributions from your paycheck to cover eligible health care expenses, tax-free.

Note: If your spouse is enrolled in an HDHP and contributing to an HSA at their employer, your combined contributions cannot exceed the current year's limit of $8,300. If your household exceeds this limit you may be subject to a 6% excise tax penalty on the excess contribution amount.

You must be enrolled in the Preferred Blue PPO Saver in order to elect an H.S.A.

IRS Contribution Limit

Individual: $4,150 | Family: $8,300
Catch-up Contributions

$1,000

Flexible Spending Accounts

A flexible spending account (FSA) is a tax-free reimbursement account funded by pre-tax contributions from your paycheck.

You can use FSA funds to pay for qualified medical or dependent care expenses. Your eligibility for a healthcare FSA depends upon which medical plan you elect.

Health Care FSA Contribution Limit

$3,200
Limited-Purpose FSA Contribution Limit

$3,200
Dependent Care FSA Contribution Limit

$5,000

Commuter Flexible Spending Account

Ginkgo offers all team members $100 pre-tax per month to help offset the cost of parking or transit expenses to get to the office.

HSA - PayFlex

FSA - Discovery Benefits

Life Insurance Plan Details

Voluntary Life and AD&D

Employee
You can elect up to $200,000 when first eligible without answering any medical questions. Should you elect an amount greater than $200,000, you will be required to complete a short online medical questionnaire.

Spouse
You can elect up to $40,000 for your spouse when first eligible without answering medical questions. Should you elect an amount greater than $40,000, your spouse will be required to complete a short online medical questionnaire.

Child
Coverage is $10,000 for all eligible child(ren).

Stand-alone AD&D
This plan provides additional protection only in the event of a death or injury as a result of an accident. This coverage is available for you, your spouse, and/or your child(ren).

Ginkgo Bioworks permits INSURERS to offer Employees of Ginkgo Bioworks certain voluntary insurance programs. Whether you choose to enroll in any of these programs is completely optional and voluntary. Ginkgo Bioworks does not make a contribution towards the cost of these programs and Employees pay the full cost of premiums on an after-tax basis. Ginkgo Bioworks does not sponsor, maintain, endorse, recommend, or promote these voluntary programs. Ginkgo Bioworks'S involvement regarding these voluntary insurance programs is strictly limited to allowing the insurer access to Employees to publicize these programs and Ginkgo Bioworks may perform certain ministerial functions such as payroll deduction and forwarding Employee premium payments to the insurer. Ginkgo Bioworks does not receive any consideration in the form of cash or otherwise in connection with the program, other than reasonable compensation, excluding any profit, for administrative services actually rendered in connection with payroll deductions. Accordingly, these voluntary insurance programs are not subject to ERISA and related regulations. All questions or claims regarding these programs should be directed to the insurer.

401(k) Plan Details

Retirement Plan

Invest some of what you earn today for what you plan to accomplish tomorrow with help from the Ginkgo Bioworks Retirement Savings Plan through Principal. The plan offers a convenient, tax-deferred way to save. Take a look at what a difference enrolling in the plan could make in achieving your retirement goals.

Eligibility
✓ Bioworkers in the United States are eligible to participate in the plan. There are no age, service, or hours of service requirements. This program does not apply to contingent workers.

Company Match
✓ Ginkgo makes a 5% contribution to your 401K, whether you contribute or not.
✓ If you earn more than $100k/year, your employer contribution will be capped once you have earned $100k in salary for the year, resulting in a maximum employer contribution of $5,000. The Founders and the Executive team will not receive any employer contributions. This change does not impact employee contributions.

Vesting
✓ Ginkgo's contributions vest after your two year anniversary. Any contributions after your two year anniversary are immediately vested.

Auto-Enrollment
The auto enrollment contribution rate is 6% pre-tax. To alter, or opt-out, of the 401(k) program, you must initiate a change in Principal.

Flexible Spending Account

An FSA saves you money by reducing your income taxes. You must choose how much to contribute each year, up to the stated limit. Your FSA contributions are automatically deducted from your pay BEFORE any taxes are calculated, and are not reported as income to the IRS. The FSA plan is effective January 1 to December 31 (calendar year).

Existing Employees may enroll during Open Enrollment. New Hires must fulfill their eligibility requirements prior to enrolling.

Product Highlights

✓ Contributions are pre-tax and are automatically deducted

✓ Funds do not rollover from year-to-year

with

Life and Accidental Death & Personal Loss

With this coverage, you can deliver peace of mind to your family in the event of your unexpected death.

Short-Term Disability

If you’re suddenly unable to earn a paycheck due to illness or an accident, short term disability insurance through your employer can replace a portion of your income during the initial weeks of your disability.

Long-Term Disability

Long term disability insurance through your employer can provide a steady stream of income to help cover essential expenses during an extended illness or after a disabling accident.

MetLife

Disability Benefits Details

Short-term Disability

Coverage up to 25 weeks

Short-Term Disability (STD) is a salary continuance plan. If you become ill or injured and are unable to work, a portion of your income will be replaced through a combination of sick leave, State Disability Insurance (where available) and the Company’s Short-Term Disability benefit for up to 25 weeks.

Your STD benefits begin on your eighth day of disability and continue until you are able to return to work or 25 weeks, whichever happens first. This benefit is provided at no cost to you.

Long-term Disability

Coverage beyond 26 weeks

If you exhaust your STD benefits and are still unable to work, you will be covered by LTD insurance at 60% of your salary, to a maximum of $13,000/month.

Progyny

Fidelity

800-835-5097

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Accident - The Hartford

Legal/Identity Theft - LegalShield

Pet Discount

Employee Discounts

Critical Illness - Chubb

Voluntary Benefits

Accident Insurance

Employees can elect to enroll in accident insurance to help offset the costs of unexpected medical expenses due to an accident. Team members can choose from a high or low plan option to meet their needs.

Critical Illness Insurance

Team members have the choice between $15,000 and $30,000 of critical illness coverage. This benefit helps to keep your finances on track if you or your family experience a covered illness.

Hospital Indemnity Insurance

Hospital Indemnity coverage is available to help with out-of-pocket costs you may incur if your or a covered family member are hospitalized.

Life and AD&D

Ginkgo provides all team members life and AD&D insurance equal to two times your annual salary with a maximum benefit of $400,000. Team members may elect to purchase additional coverage for themselves, their spouse, and dependent children.

Pet Insurance

Ginkgo offers discounted pet insurance through MetLife.

Home & Auto

Auto & Home are offered outside of Workday; Bioworkers should contact MetLife directly to establish a policy and pay premiums.

BlueBikes Discount

Ginkgo’s team members can receive a discounted membership to BlueBikes. Membership is typically $119 for the year, but with Ginkgo’s discount, the cost is reduced to $45 annually.

MetLaw

Legal support is just a phone call away with MetLaw. MetLaw gives gives you access to more than 15,000 licensed attorneys, both in and out of MetLife’s network.

Bright Horizons

Bright Horizons allow you to reserve backup child care at home or in a high-quality center, with peace of mind knowing that your loved ones are well cared for. The program also includes access to additional family supports like discounts on tutoring and test prep, access to the Sittercity database, and waitlist preference at select Bright Horizons centers.

Bravely

Ginkgo offers a tool to help navigate and connect confidentially with a certified coach. Establish a coaching relationship or receive support in navigating a challenging conversation, managing up, making the most of your performance review, and more. Bravely offers a network of trained coaches who can help you think through any dynamic with your coworkers or your situation at Ginkgo.

Time Off at Ginkgo

Unlimited Paid Time Off

Bioworkers are provided with the freedom to take time off when they need to recharge.

Parental Bonding Leave

Take time to enjoy your new family member! Ginkgo provides 12 weeks of 100% paid leave for new parents within the first year of birth or adoption. Birthing parents are also eligible for additional medical recovery leave.

Caregiver Leave

Ginkgo offers 12 weeks of caregiver leave to care for a family member that has a serious health condition. An additional 14 weeks is available for those caring for a family member who is a U.S. service member and injured in the line of duty. In those circumstances, the first 13 weeks would be paid at 100% and the second 13 weeks would be paid at 80%. The exact length of approved leave is based on certification from the family member’s physician.

Military Leave

Bioworkers who are U.S. service members that are called to active-duty are eligible for 12 weeks of fully paid military leave. Leave beyond 12 weeks is eligible for differential pay, where Ginkgo will provide the difference between your wages from your service and 100% of your base-salary at Ginkgo.

STD/Medical Leave

26 weeks of short-term disability is available in the event that you need time out for your own disability or serious health condition. The first 13 weeks would be paid at 100% and the second 13 weeks would be paid at 80%. The exact length of approved leave is based on physician certification.

Holidays

Ginkgo Bioworks observes eight holidays in the U.S. and a Winter Shutdown between December 26 – December 31.
The eight holidays for the 2022 calendar year are:

New Years Day
Martin Luther King Jr Day
Memorial Day
Juneteenth
Independence Day
Labor Day
Thanksgiving Day
Christmas Day

Equity Compensation

New Hire Equity Awards

Subject to Board approval, RSUs are granted to new hires within 45 to 60 days after they join the team. New hire RSU awards vest over a period of four years with a one-year cliff, which means that 25% of your award vests on the first anniversary of your hire date, and then the remainder vests equally each month over the next three years.

*The chart above is an example using 25,000 RSUs and is only intended for illustrative purposes.

The number of RSUs granted to you is determined by dividing your target equity dollar amount (detailed in your offer letter) by the average closing stock price over the 30 trading days preceding the first trading day of the month following your start date. This means that for everyone starting at Ginkgo in a given month, they will all have the same average stock price used to calculate their RSU awards.

Annual Equity Refresh Awards

Ginkgo also has an annual refresh program where you may be granted additional RSUs. This program is designed to ensure Bioworkers' total compensation package remains competitive to the market year-over-year. These awards are subject to a pro-rata cliff and vest based on your one-year anniversary. They typically vest monthly from that point forward over the course of four years. Refresh awards are subject to approval by Ginkgo’s Board of Directors.

LifeWorks

Summary of Benefits and Coverage

Benefits Summaries

Certificates

Education

Covered Drug Lists

Brochures

Virtual Primary & Health Care

Benefit Summaries

Certificates

Education

Benefit Summaries

Certificates

Education

Health Savings Account

Flexible Spending Accounts

Commuter Benefits

Employee Assistance Program

Basic Life and AD&D

Supplemental Life and AD&D

Short-term Disability

Long-term Disability

Plan Highlights

Summary Plan Description

Accident Insurance

Critical Illness Insurance

Hospital Indemnity Insurance

Pet Insurance

BlueBikes Discount

MetLaw

Bright Horizons

Equity Compensation

Compliance Notices

Medicare Part D Notice

Other Documents

Electronic Labor Laws

Ginkgo Bioworks

2024 Benefits Hub

Stroke Prevention Month

Monthly Wellness Newsletters

Medical Plans

Blue Care Elect

Preferred Blue PPO Saver

Advantage Blue EPO

Virtual Primary & Health Care

Medical Plan Details

In-Network Plan Details

Blue Care Elect

Deductible

Out-of-Pocket Maximum

Bi-weekly Premium

Preferred Blue PPO Saver

Deductible

Out-of-Pocket Maximum

Bi-weekly Premium

Advantage Blue EPO

Deductible

Out-of-Pocket Maximum

Bi-weekly Premium

In-network Preventive Services

Blue Care Elect

Preventive Care

Preferred Blue PPO Saver

Preventive Care

Advantage Blue EPO

Preventive Care

Doctors

Blue Care Elect

Primary Care

Specialist Visit

Preferred Blue PPO Saver

Primary Care

Specialist Visit

Advantage Blue EPO

Primary Care

Specialist Visit

Emergency Room & Urgent Care

Blue Care Elect

Urgent Care

Emergency Room

Preferred Blue PPO Saver