Generac's policies prohibit any directors, officers, and employees from making, directly or indirectly, any political contributions without the prior written approval of Generac's Executive VP & General Counsel, either on behalf of Generac or for any purpose related to Company business. Moreover, any political contribution in excess of $20,000 USD requires Board approval. Any use of the funds or assets of Generac or any subsidiary to make political contributions must be approved in advance. There is not a Political Action Committee affiliated with Generac. No political contributions were made in 2023. [...] In 2023, Generac expanded its dedicated Policy team to provide regulatory and policy support for its new energy technology businesses and initiatives. General Council and the Senior Vice President of Policy and Market Development oversee a team that represents Generac before federal and state agencies and legislatures to unlock opportunities to grow Generac's clean energy, energy management, and grid resiliency businesses. The Policy team engages with non-profit clean energy and regulatory associations such as the California Solar and Storage Association, the Solar Energy Industry Association, Advanced Energy United and the California Efficiency and Demand Management Council (CEDMAC). Generac is working to apply its 60+ years of traditional distributed reliability experience to the increasing climate-related challenges by offering distributed solar, battery, home and grid energy management solutions. The Policy team advocated for expanded state and federal incentives to support these climate mitigation solutions resulting in two funding awards for Generac from the U.S. Department of Energy to deploy grid resiliency projects in Massachusetts and Puerto Rico.