2025-11-14T14:08:59-06:00 2024-12-31 PricewaterhouseCoopers LLP 2001 MARKET ST SUITE 1800 PHILADELPHIA PA 19103 990 2024-01-01 301211139 ULSE INC % VISHAL PATEL ULSE 2247140919 1603 ORRINGTON AVE Suite UNIT 17 EVANSTON IL 60201 VISHAL PATEL TREASURER 8472728800 2025-11-11 true true ROBERT FRIZ P00438748 2673303000 2025-11-11 2024 2025-03-06 01:10:19Z JEFF MAROOTIAN 1603 ORRINGTON AVE UNIT 17 EVANSTON IL 60201 384825919 false X WWW.ULSE.ORG X 2019 DE SEE SCHEDULE O 3 3 230 0 -1775799 0 3500 0 26724980 28737544 682675548 63519061 0 0 709404028 92256605 1914060 530526 0 0 27631423 35814133 0 0 0 32899188 35400083 62444671 71744742 646959357 20511863 2092621786 4508329813 31800114 33249475 2060821672 4475080338 X SEE SCHEDULE O false false 38283310 530526 28737544 ULSE INC. (THE "ORGANIZATION") DEVELOPS AND PUBLISHES CONSENSUS STANDARDS THAT HELP GUIDE THE SAFETY AND SUSTAINABILITY OF NEW AND EVOLVING PRODUCTS, TECHNOLOGIES, AND SERVICES BY PROVIDING ASSURANCE TO THE PUBLIC THAT PRODUCTS ARE DESIGNED, CONSTRUCTED, AND TESTED TO WITHSTAND DEMANDING, NORMAL-USE CONDITIONS WITHOUT PRESENTING RISK OF DANGER OR INJURY. STANDARDS ARE DEVELOPED THROUGH A RIGOROUS, COLLABORATIVE, AND TRANSPARENT MULTI-STAGE PROCESS THAT BRINGS TOGETHER EXPERTS, REGULATORS, INDUSTRY REPRESENTATIVES, AND CONSUMERS TO IDENTIFY CRITERIA THAT REFLECT CURRENT SCIENTIFIC KNOWLEDGE, SUPPORT INNOVATION, AND REPRESENT THE INTERESTS OF CONSUMERS. ONCE FINALIZED, THE ORGANIZATION PUBLISHES ITS STANDARDS ONLINE AND DISSEMINATES THEM TO TESTING, INSPECTION AND CERTIFICATION COMPANIES, ENABLING MANUFACTURERS, REGULATORS, AND END USERS TO ACCESS SHARED REFERENCE POINTS THAT ELEVATE SAFETY, DRIVE RESPONSIBLE DEVELOPMENT, AND PROTECT COMMUNITIES. IN ADDITION TO ITS STANDARDS, THE ORGANIZATION'S EDUCATIONAL ACTIVITIES INCLUDE THE PUBLICATION OF NEWS AND INFORMATIONAL RESOURCES AUTHORED BY ENGINEERS, TECHNOLOGISTS, DATA SCIENTISTS, AND POLICY EXPERTS TO HELP THE PUBLIC UNDERSTAND EVOLVING SAFETY RISKS IN A RAPIDLY CHANGING TECHNOLOGICAL LANDSCAPE, THEREBY EMPOWERING COMMUNITIES TO MAKE INFORMED DECISIONS, ADOPT SAFER PRACTICES, AND REDUCE THE RISK OF HARM IN EVERYDAY LIFE. 38283310 false false false false false false false false false true true false false true false false true false false true true false false false false false true false true false false false false false false false false false false false false false true true true false true 89 0 true 230 true true true false false false false false false false false false false false X 3 3 false false true false true true true true true false false true true true true true true true true false X X VISHAL PATEL 8472728800 1603 ORRINGTON AVE EVANSTON IL 60201 X R ROBINSON EVP & CFO - UL SOLUTIONS 0.0 60.0 X 0 5600065 0 T BRADY FORMER BOARD MEMBER 0.0 0.0 X 0 3788478 0 T RIVELLI SVP, CLO, CORPORATE SECRETARY 30.0 30.0 X 888367 0 52200 R BLAUSTEIN SVP, CFO 30.0 30.0 X 839790 0 62116 D STEEL EXECUTIVE DIRECTOR OF ULSE 60.0 0.0 X 715500 0 25029 R BORGER SVP, CHRO 30.0 30.0 X 527939 0 45695 J SHANNON BOARD MEMBER 6.0 16.0 X 186250 324191 0 M MURRAY VP, LEGAL & CORPORATE AFFAIRS 30.0 30.0 X 451542 0 48464 K DENIS HEAD OF COMMUNICATIONS 60.0 0.0 X 420378 0 47184 D CONCEPCION VP, CONTROLLER 30.0 30.0 X 417251 0 46204 G BORLASE INTERIM EXEC. DIRECTOR OF ULSE 60.0 0.0 X 421272 0 38275 B LONG VP, LEGAL AFFAIRS 30.0 30.0 X 420567 0 25137 J CANFIELD VP OF STRATEGY 30.0 30.0 X 402643 0 40803 V MODEKURTI SVP, CIO 30.0 30.0 X 397164 0 44823 S BIRD VP, INTERNATIONAL STANDARDS 60.0 0.0 X 368365 0 26123 D WROTH SR DIR, TECHNOLOGY & SYSTEMS 60.0 0.0 X 348754 0 41354 D MCKNIGHT HEAD OF PARTNERSHIPS 60.0 0.0 X 359945 0 29128 J WOLFE JR DIR, STRATEGIC INITIATIVES 60.0 0.0 X 320195 0 27108 D SHEERAN DIR, FIN PLANNING & ANALYSIS 30.0 30.0 X 301921 0 42120 D JORDAN DIRECTOR, STANDARDS PROGRAMS 60.0 0.0 X 314448 0 20996 L ROHRBAUGH HEAD OF INSIGHTS & POLICY 60.0 0.0 X 295643 0 26020 S NAZEMI SR DIR,IT INFRASTRUCTURE & OPS 30.0 30.0 X 289564 0 23894 V PATEL TREASURER 30.0 30.0 X 292945 0 18119 K SZCZECH SVP/TREAS - UL SOLUTIONS 0.0 60.0 X 0 283672 0 P KHOURY BOARD MEMBER 0.5 8.0 X 43750 180000 0 P PIQUEIRA VP, SENIOR ADVISOR 60.0 0.0 X 184810 0 5541 J WITTENBERG BOARD MEMBER 6.0 0.0 X 165000 0 0 9024193 10176406 730792 147 true true false LAZARD FRERES CO LLC 30 ROCKEFELLER PLAZA NEW YORK NY 10112 ADVISORY 3543412 TELESTO STRATEGY LLC 1305 S MICHIGAN AVE CHICAGO IL 60605 CONSULTING 2516375 HCL AMERICA INC 1 MID AMERICA PLAZA 403 OAKBROOK TERRACE IL 60605 CONSULTING 2328223 BARNHILL BUILDING GROUP LLC 800 TIFFANY BLVD SUITE 200 ROCKY MOUNT NC 27804 CONSTRUCTION 1780093 GRANT THORNTON LLP 33562 TREASURY CENTER CHICAGO IL 60694 ADVISORY 1386867 77 0 STANDARDS FEE 541380 28395651 28395651 IP CRIME COLLEGE COURSE REVENUE 900099 132362 132362 SPONSORSHIP REVENUE 900099 209531 209531 28737544 46570954 -1775799 48346753 0 0 0 0 0 309535271 -17850 292569314 16965957 -17850 16948107 16948107 0 0 0 0 0 0 0 0 0 0 92256605 28737544 -1775799 65294860 223515 223515 0 307011 307011 0 7639453 5352506 2286947 0 19618692 13745640 5873052 89929 89929 6127727 3218684 2909043 2338332 1230650 1107682 0 1470053 80 1469973 210571 210571 0 0 2967403 2967403 14193531 6485495 7708036 1562789 1487586 75203 981596 237024 744572 -326925 1262616 -1589541 0 1499670 1499670 3462241 2288254 1173987 0 241990 234137 7853 0 2525790 55559 2470231 4213349 963510 3249839 237789 512 237277 MEMBERSHIPS & SPONSORSHIPS 752386 442815 309571 TRAINING & SEMINARS 636240 217962 418278 RECRUITING 600042 600042 SUBSCRIPTIONS 445332 430562 14770 -273764 99192 -372956 71744742 38283310 33461432 0 645992913 50290565 0 0 0 0 432841 4553617 0 0 0 0 0 0 0 0 1744135 3276456 24262333 3732269 19873439 20530064 4336304 1559663406 1405832806 2850767049 0 0 5289011 6004737 9120337 13243919 2092621786 4508329813 17711632 12202031 0 0 1412264 1392998 0 0 0 0 0 0 0 0 0 0 12676218 19654446 31800114 33249475 X 2060821672 4475080338 0 0 2060821672 4475080338 2092621786 4508329813 X 20511863 143888175 -22044001 2271902629 X false true X true false 19541465 1949388 17592077 4720868 1782881 2937987 20530064 INVESTMENT IN SUBSIDIARIES 838932120 C EQUITY COMMINGLED FUNDS 808527046 F BOND COMMINGLED FUNDS 354915433 F DIV ASSET COMMINGLED FUND 646558849 F PRIVATE INVESTMENT PARTNERSHIP 161726722 F CASH HELD IN INVESTMENT FUND 40106879 F 2850767049 0 RETIREE MEDICAL PLAN LIABILITY 273110 LEASE LIABILITY- LONG TERM 19130670 LT PC INCENTIVE 250666 19654446 true Central America and the Caribbean Investments 1044651718 Europe (Including Iceland and Greenland) Investments 4241399 Europe (Including Iceland and Greenland) Grantmaking 274773 South Asia Grantmaking 21032 East Asia and the Pacific Grantmaking 11206 1049200128 1049200128 Europe (Including Iceland and Greenland) GENERAL SUPPORT 95000 Europe (Including Iceland and Greenland) GENERAL SUPPORT 48092 Europe (Including Iceland and Greenland) GENERAL SUPPORT 31681 South Asia GENERAL SUPPORT 15000 East Asia and the Pacific GENERAL SUPPORT 6184 South Asia GENERAL SUPPORT 6032 East Asia and the Pacific GENERAL SUPPORT 5022 Europe (Including Iceland and Greenland) GENERAL SUPPORT 100000 8 true false true false true false PART I, LINE 1 - PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS GRANTS AND OTHER ASSISTANCE TO ORGANIZATIONS ARE GOVERNED UNDER THE COMPANY'S CORPORATE GIVING PROGRAM GUIDELINES WHICH SEEK TO: . SUPPORT ULSE'S COMMITMENT TO IMPROVING THE QUALITY OF LIFE IN COMMUNITIES WHERE ULSE EMPLOYEES LIVE AND WORK; . SPONSOR ORGANIZATIONS THAT SHARE ULSE'S DEEP COMMITMENT TO PROMOTING . SAFE LIVING AND WORKING ENVIRONMENTS FOR PEOPLE; . REFLECT ULSE'S COMMITMENT TO SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS (STEM) EDUCATION; . ALIGN WITH UNITED NATIONS SUSTAINABLE DEVELOPMENT AND UN GLOBAL COMPACT PRINCIPLES; AND . PROMOTE CORPORATE SOCIAL RESPONSIBILITY AND SUSTAINABILITY THE USE OF GRANT FUNDS ARE MONITORED THROUGH REVIEW AND APPROVAL BY AN OFFICER OF THE ORGANIZATION. true NATIONAL LEAGUE OF CITIES 660 N CAP ST NW WASHINGTON DC 20001 530226780 501(C)(4) 50000 GENERAL SUPPORT LEAGUE OF AMERICAN WHEELMEN INC 1612 K ST NW STE 1102 WASHINGTON DC 20006 366206225 501(C)(3) 37500 GENERAL SUPPORT AMERICAN NATIONAL STANDARDS INSTITUTE 1180 AVE OF THE AMERICAS NEW YORK NY 10036 131635253 501(C)(3) 22000 GENERAL SUPPORT DARYL AND SHIRLEY JENKINS FOUNDATION 3916 PACIFIC WAY LONGVIEW WA 98632 831488057 501(C)(3) 20000 GENERAL SUPPORT NORTH AMERICAN BIKE-SHARE ASSOCIATION 125 FOREST AVE 10922 PORTLAND ME 04104 465461910 501(C)(3) 19000 GENERAL SUPPORT INTERNATIONAL ASSOCIATION OF FIRE CHIEFS INC 8251 GREENSBORO DR MCLEAN VA 22102 131846552 501(C)(3) 12500 GENERAL SUPPORT NATIONAL SOCIETY OF BLACK ENGINEERS 205 DAINGERFIELD RD ALEXANDRIA VA 22314 351410757 501(C)(3) 12153 GENERAL SUPPORT ATLANTA REGIONAL COMMISSION 229 PEACHTREE ST NE ATLANTA GA 30303 586002324 GOVT 10362 GENERAL SUPPORT SAFE ROUTES TO SCHOOL NATIONAL 12587 FAIR LAKES C FAIRFAX VA 22033 462694434 501(C)(3) 10000 GENERAL SUPPORT NATIONAL CORBON MONOXIDE AWARENESS ASSOC 6855 OAKHILLS DR BLOOMFIELD HILLS MI 48301 474500595 501(C)(3) 8000 GENERAL SUPPORT PHOENIX SOCIETY FOR BURN SURVIVORS 6026 KALAMAZOO AVE KENTWOOD MI 20004 232062352 501(C)(3) 10000 GENERAL SUPPORT 10 1 PART I, LINE 2 - PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS GRANTS AND OTHER ASSISTANCE TO ORGANIZATIONS ARE GOVERNED UNDER THE COMPANY'S CORPORATE GIVING PROGRAM GUIDELINES WHICH SEEK TO: SUPPORT ULSE'S COMMITMENT TO IMPROVING THE QUALITY OF LIFE IN COMMUNITIES WHERE ULSE EMPLOYEES LIVE AND WORK; SPONSOR ORGANIZATIONS THAT SHARE ULSE'S DEEP COMMITMENT TO PROMOTING SAFE LIVING AND WORKING ENVIRONMENTS FOR PEOPLE; REFLECT ULSE'S COMMITMENT TO SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS (STEM) EDUCATION, ADVANCE DIVERSITY, EQUITY AND INCLUSION; ALIGN WITH UNITED NATIONS SUSTAINABLE DEVELOPMENT AND UN GLOBAL COMPACT PRINCIPLES; AND PROMOTE CORPORATE SOCIAL RESPONSIBILITY AND SUSTAINABILITY THE USE OF GRANT FUNDS ARE MONITORED THROUGH REVIEW AND APPROVAL BY AN OFFICER OF THE ORGANIZATION. X true true X X X false true true false false false false true false D MCKNIGHT HEAD OF PARTNERSHIPS 214176 0 120513 0 25256 0 21588 0 7540 0 389073 0 0 0 D STEEL EXECUTIVE DIRECTOR OF ULSE 322098 0 341775 0 51627 0 21704 0 3325 0 740529 0 0 0 D WROTH SR DIR, TECHNOLOGY & SYSTEMS 216170 0 98709 0 33875 0 25761 0 15593 0 390108 0 0 0 D CONCEPCION VP, CONTROLLER 236542 0 146954 0 33755 0 24394 0 21810 0 463455 0 0 0 G BORLASE INTERIM EXEC. DIRECTOR OF ULSE 239619 0 142850 0 38803 0 25080 0 13195 0 459547 0 0 0 J SHANNON BOARD MEMBER 186250 324191 0 0 0 0 0 0 0 0 186250 324191 0 0 J WITTENBERG BOARD MEMBER 165000 0 0 0 0 0 0 0 0 0 165000 0 0 0 J CANFIELD VP OF STRATEGY 261074 0 122603 0 18966 0 25256 0 15547 0 443446 0 0 0 K SZCZECH SVP/TREAS - UL SOLUTIONS 0 0 0 283672 0 0 0 0 0 0 0 283672 0 0 K DENIS HEAD OF COMMUNICATIONS 243101 0 141278 0 35999 0 25307 0 21877 0 467562 0 0 0 P PIQUEIRA VP, SENIOR ADVISOR 61459 0 110818 0 12533 0 5541 0 0 0 190351 0 0 0 P KHOURY BOARD MEMBER 43750 180000 0 0 0 0 0 0 0 0 43750 180000 0 0 R BLAUSTEIN SVP, CFO 515319 0 253935 0 70536 0 39924 0 22192 0 901906 0 0 0 R BORGER SVP, CHRO 301081 0 182431 0 44427 0 30007 0 15688 0 573634 0 0 0 R ROBINSON EVP & CFO - UL SOLUTIONS 0 621610 0 4948582 0 29873 0 0 0 0 0 5600065 0 0 S BIRD VP, INTERNATIONAL STANDARDS 224894 0 111191 0 32280 0 19222 0 6901 0 394488 0 0 0 T BRADY FORMER BOARD MEMBER 0 0 0 2333016 0 1455462 0 0 0 0 0 3788478 0 0 T RIVELLI SVP, CLO, CORPORATE SECRETARY 518163 0 337500 0 32704 0 36322 0 15878 0 940567 0 0 0 B LONG VP, LEGAL AFFAIRS 259605 0 134167 0 26795 0 11620 0 13517 0 445704 0 0 0 D JORDAN DIRECTOR, STANDARDS PROGRAMS 191561 0 87300 0 35587 0 20635 0 361 0 335444 0 0 0 L ROHRBAUGH HEAD OF INSIGHTS & POLICY 194784 0 75250 0 25609 0 19214 0 6806 0 321663 0 0 0 M MURRAY VP, LEGAL & CORPORATE AFFAIRS 275776 0 161000 0 14766 0 26550 0 21914 0 500006 0 0 0 S NAZEMI SR DIR,IT INFRASTRUCTURE & OPS 215799 0 47294 0 26471 0 16366 0 7528 0 313458 0 0 0 D SHEERAN DIR, FIN PLANNING & ANALYSIS 199433 0 84084 0 18404 0 20319 0 21801 0 344041 0 0 0 V MODEKURTI SVP, CIO 250900 0 114750 0 31514 0 23832 0 20991 0 441987 0 0 0 V PATEL TREASURER 193313 0 78488 0 21144 0 17815 0 304 0 311064 0 0 0 J WOLFE JR DIR, STRATEGIC INITIATIVES 193874 0 98895 0 27426 0 20295 0 6813 0 347303 0 0 0 PART I, LINE 1A - FIRST CLASS TRAVEL TWO OFFICERS AND ONE TRUSTEE LISTED IN PART VII, SECTION A RECEIVED FIRST CLASS TRAVEL IN 2024. THESE BENEFITS WERE NOT CONSIDERED TAXABLE COMPENSATION. PART I, LINE 3 - COMPENSATION OF ORGANIZATION'S CEO/EXECUTIVE DIRECTOR THE PROCESS OF DETERMINING COMPENSATION FOR THE CEO, ALL OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION IS PERFORMED ANNUALLY. AN INDEPENDENT COMPENSATION CONSULTANT COMPLETES AN ANALYSIS OF COMPARABLE AND COMPETITIVE MARKET DATA. IT COVERS TOP MANAGEMENT OFFICIALS FO THE ORGANIZATION, INCLUDING ELECTED OFFICERS THROUGH VICE PRESIDENTS. THE ANALYSIS IS REVIEWED BY THE BOARD OF DIRECTORS, WHO PROVIDES FINAL APPROVAL OF ALL COMPENSATION ARRANGEMENTS. IN ADDITION, THE ORGANIZATION FOLLOWS THE PROCEDURES UNDER TREASURY REGULATION SECTION 53.4958-6 TO MEET THE REBUTTABLE PRESUMPTION OF REASONABLENESS FOR ALL TRANSACTIONS WITH DISQUALIFIED PERSONS. PART I, LINE 4 - SEVERANCE, NONQUALIFIED, AND EQUITY-BASED PAYMENTS SEVERANCE NONQUALIFIED EQUITY-BASED COMP BRADY 1,455,462 NONE 1,319,016 ROBINSON NONE NONE 3,779,987 SZCZECH NONE NONE 223,740 PART I, LINE 7 - NON-FIXED PAYMENTS THE COMPANY HAS AN ALL-EMPLOYEE INCENTIVE PLAN. THE PLAN IS BASED ON A COMBINATION OF THE COMPANY'S FINANCIAL PERFORMANCE MEASURES AND OTHER QUANTITATIVE AND QUALITATIVE MEASURES, AND DISCRETIONARY INDIVIDUAL PERFORMANCE ASSESSMENT, AS APPROVED BY THE BOARD OF DIRECTORS. PART III - OTHER ADDITIONAL INFORMATION THE FOLLOWING OFFICERS AND FORMER OFFICERS WERE COMPENSATED BY UL LLC AND/OR UNDERWRITERS LABORATORIES INC. (ULRI), BOTH OF WHICH ARE ORGANIZATIONS RELATED TO ULSE INC. : SHANNON, BRADY, SZCZECH, KHOURY AND ROBINSON. THE RELATED ORGANIZATIONS ALSO PROVIDED SUPPLEMENTAL NONQUALIFIED RETIREMENT PLANS TO BRADY (AS AN OFFICER OF THE RELATED ORG) AND ROBINSON. FORM 990, PART I & PART III, LINE 1 - ORGANIZATION'S MISSION ULSE INC. TRANSLATES SCIENTIFIC DISCOVERIES INTO STANDARDS AND POLICIES THAT HAVE THE POWER TO MAKE A SYSTEMIC IMPACT ON PUBLIC SAFETY THROUGHOUT THE WORLD. OUR EXTENSIVE LIBRARY OF STANDARDS HELPS TO MAKE EVERYDAY THINGS SAFER, MORE SECURE, AND MORE SUSTAINABLE, FROM LIFE JACKETS TO BATTERIES TO AUTONOMOUS CARS. FORM 990 - PART VI, LINE 4 - GOVERNING DOCUMENTS AMENDED CERTIFICATE OF INCORPORATION TO CLARIFY RIGHTS OF MEMBERS TO REMOVE DIRECTORS AND FILL VACANCIES, UPDATE PROCEDURES FOR BOARD TO APPOINT BOARD COMMITTEES UNDER DELAWARE LAW, AND UPDATE LIMITATION OF LIABILITY TO ALIGN WITH AMENDED DELAWARE LAW; AMENDED BYLAWS TO ALIGN PROCEDURES FOR APPOINTING BOARD COMMITTEES WITH AMENDED CERTIFICATE OF INCORPORATION AND TO UPDATE THE AUTHORITY OF EXECUTIVE DIRECTOR TO ASSIGN AUTHORITY TO ASSISTANT OFFICERS; AMENDED CERTIFICATE OF INCORPORATION AND BYLAWS TO ALIGN WITH UPDATES TO DELAWARE STATUTORY LAW. FORM 990 - PART VI, LINE 6 - CLASSES OF MEMBERS OR STOCKHOLDERS UNDERWRITERS LABORATORIES INC. IS THE SOLE MEMBER OF THE ORGANIZATION. THE ORGANIZATION DOES NOT HAVE CAPITAL STOCK OR ANY STOCKHOLDERS. FORM 990 - PART VI, LINE 7A - ELECTION OF MEMBERS AND THEIR RIGHTS THE SOLE MEMBER OF THE ORGANIZATION IS NOT ELECTED. THE SOLE MEMBER OF THE ORGANIZATION HAS THE RIGHT TO ELECT THE MEMBERS OF THE ORGANIZATION'S GOVERNING BODY, WHICH IS THE BOARD OF DIRECTORS. FORM 990 - PART VI, LINE 7B - DECISIONS SUBJECT TO APPROVAL OF MEMBERS UNDER THE LAW OF THE STATE OF INCORPORATION, IN ADDITION TO THE ELECTION OF THE MEMBERS OF THE ORGANIZATION'S GOVERNING BODY, CERTAIN ACTIONS SUCH AS COMPLETE DISSOLUTION OF THE ORGANIZATION WOULD BE SUBJECT TO APPROVAL BY THE SOLE MEMBER. FORM 990 - PART VI, LINE 11B - ORGANIZATION'S PROCESS TO REVIEW FORM 990 THE FORM 990 TAX RETURN IS PREPARED BY AN OUTSIDE PROFESSIONAL ACCOUNTING FIRM. A DRAFT OF THE RETURN IS INITIALLY REVIEWED BY THE SENIOR TAX MANAGER, AFTER WHICH IT IS SENT FOR OFFICERS REVIEW, WHICH INCLUDE THE SVP/CHIEF FINANCIAL OFFICER AND VP OF LEGAL AFFAIRS. THE PROFESSIONAL ACCOUNTING FIRM ALSO SIGNS OFF ON THE RETURN AS THE PAID PREPARER OF THE RETURN. A COPY OF THE TAX RETURN IS ALSO MADE AVAILABLE TO THE ORGANIZATION'S BOARD MEMBERS PRIOR TO THE FILING DATE. FORM 990 - PART VI, LINE 12C - ENFORCEMENT OF CONFLICTS POLICY ULSE INC. REQUIRES ITS DIRECTORS AND OFFICERS TO CERTIFY COMPLIANCE WITH THE ORGANIZATION'S STANDARDS OF BUSINESS CONDUCT AND CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. THE ORGANIZATION'S CONFLICT OF INTEREST POLICY REQUIRES ALL DIRECTORS TO PROVIDE AN ANNUAL AND ONGOING DISCLOSURE OF ANY POTENTIAL CONFLICTS OF INTEREST AND RECUSE THEMSELVES FROM DELIBERATION OR VOTING ON ANY ACTION FOR WHICH THEY HAVE A CONFLICT OF INTEREST. THE ORGANIZATION ALSO REQUIRES ALL OF ITS EMPLOYEES TO UNDERGO AN ANNUAL ETHICS TRAINING. FORM 990 - PART VI, LINE 15A - COMPENSATION PROCESS FOR TOP OFFICIAL THE PROCESS OF DETERMINING COMPENSATION FOR THE CEO, ALL OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION IS PERFORMED ANNUALLY. AN INDEPENDENT COMPENSATION CONSULTANT COMPLETES AN ANALYSIS OF COMPARABLE AND COMPETITIVE MARKET DATA. IT COVERS TOP MANAGEMENT OFFICIALS OF THE ORGANIZATION, INCLUDING ELECTED OFFICERS THROUGH VICE PRESIDENTS. THE ANALYSIS IS REVIEWED BY THE BOARD OF DIRECTORS, WHO PROVIDES FINAL APPROVAL OF ALL COMPENSATION ARRANGEMENTS. IN ADDITION, THE ORGANIZATION FOLLOWS THE PROCEDURES UNDER TREASURY REGULATION SECTION 53.4958-6 TO MEET THE REBUTTABLE PRESUMPTION OF REASONABLENESS FOR ALL TRANSACTIONS WITH DISQUALIFIED PERSONS. FORM 990 - PART VI, LINE 15B - COMPENSATION PROCESS FOR OFFICERS PLEASE SEE ABOVE. FORM 990 - PART VI, LINE 19 - GOVERNING DOCUMENTS DISCLOSURE EXPLANATION THE BY-LAWS OF THE ORGANIZATION ARE PRINTED AS A BROCHURE AND MADE AVAILABLE TO THE PUBLIC UPON REQUEST.THE DELAWARE CERTIFICATE OF INCORPORATION CAN BE OBTAINED BY ANYONE WHO REQUESTS IT THROUGH THE DELAWARE SECRETARY OF STATE'S OFFICE. THE ORGANIZATION DOES NOT MAKE ITS CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. IN ADDITION TO BEING AVAILABLE BY REQUEST FROM THE ORGANIZATION, THE FORM 990 IS ALSO AVAILABLE AT GUIDESTAR.ORG. FORM 990 - PART XI, LINE 6 ULSE INC. DONATES CERTAIN SERVICES AND THE USE OF FACILITIES TO ITS AFFILIATE UNDERWRITERS LABORATORIES INC. FREE OF CHARGE PURSUANT TO A CONTRIBUTION OF SERVICES AGREEMENT. IN 2024, THE VALUE OF THE DONATED SERVICES AND FACILITIES WAS $22,044,001. FORM 990, PART XI, LINE 9 ULSE INC. RECEIVED $2,124,132,000 OF NET PROCEEDS DURING 2024 FROM ITS SALE OF UL SOLUTIONS INC. STOCK IN TWO PUBLIC OFFERINGS: THE INITIAL PUBLIC OFFERING (IPO) OF UL SOLUTIONS INC., WHICH CLOSED IN APRIL 2024, AND A FOLLOW-ON PUBLIC OFFERING, WHICH CLOSED IN SEPTEMBER 2024. UL SOLUTIONS INC. DID NOT RECEIVE ANY PROCEEDS FROM THESE OFFERINGS. PRIOR TO THESE OFFERINGS, ULSE INC. OWNED 100% OF THE OUTSTANDING CAPITAL STOCK OF UL SOLUTIONS INC. AS OF DECEMBER 31, 2024, ULSE INC. OWNED A MAJORITY OF THE OUTSTANDING CAPITAL STOCK OF UL SOLUTIONS INC. - DIVIDEND FROM UL SOLUTIONS, INC. 82,548,750 - NET PROCEEDS ON SALE OF UL SOLUTIONS, INC. STOCK 2,124,132,000 - NET INCOME OF UL SOLUTIONS, INC. ATTRIBUTABLE TO NON-CONTROLLING INTEREST 65,494,989 - ESTABLISHMENT OF POST-RETIREMENT MEDICAL BENEFIT PLAN (273,110) TOTAL 2,271,902,629 FORM 990 PART IX LINE 11G DESCRIPTION:OUTSIDE SERVICES TOTAL FEES:14193531 UL DO BRASIL CERTIFICACOES RUA FIDENCIO RAMOS 195-5 ANDAR VILA OL SAO PAULO BR CEP04551-0 PBLC SFTY BR UL HBV false ULC STANDARDS 7 UNDERWRITERS ROAD MIR 384 TORONTO CA PBLC SFTY CA ULSE INC true UNDERWRITERS LABORATORIES INC 1603 ORRINGTON AVE EVANSTON IL 60201 301211139 PBLC SFTY DE 501(C)(3) 7 NA false UL DO BRASIL CERTIFICACOES RUA FIDENCIO RAMOS 195-5 ANDAR VILA OL SAO PAULO BR CEP04551-0 PBLC SFTY BR N/A ULC STANDARDS 7 UNDERWRITERS ROAD MIR 384 TORONTO CA PBLC SFTY CA N/A ULSE INC SOCL WELFARE N/A UNDERWRITERS LABORATORIES THAILAND LTD 29TH FL NO 999/9 RAMA I RD BANGKOK TH PBLC SFTY TH UL LLC C 142992 3181212 1.00000 true UL RESPONSIBLE SOURCING MEXICO SA DE CV AVE JUAREZ 2111601 CO LA PAZ PUEBLA PUE MX 72160 PBLC SFTY MX UL RS C 29129 549657 1.00000 true UL DE ARGENTINA SRL FLORIDA 833 PISO 2DO BUENOS AIRES AR PBLC SFTY AR UL SA RL C 843506 3598174 1.00000 true UL KOREA LTD 707-34 YEOKSAM-DONG SEOUL GANGNAM-GU KN 135-080 PBLC SFTY KN UL SA RL C 3525602 53411004 1.00000 true UL VERIFICATION SERVICES LTD ASHWOOD PRK ASHWOOD WAY BASINGSTOKE HAMPSHIRE UK PBLC SFTY UK UL UK C 2865777 117644912 1.00000 true UL DE MEXICO SA DE CV BLAS PASCAL 205 2DO LOS MORALES MEXICO CITY MX 11510 PBLC SFTY MX UL SA RL C 197611 23100397 1.00000 true UL (CHINA) HOLDINGS COMPANY LTD 38F CIROS PLAZA 388 W NANJING RD SHANGHAI CH PBLC SFTY CH UL SINGAPORE C 332221 31826302 1.00000 true UL INDIA PRIVATE LTD KALYANI PLATINAPHS I 3-FL EPIP-2 KUNDALAHALLI IN PBLC SFTY IN UL SINGAPORE C 3340138 44771161 1.00000 true UL INTERNATIONAL (FRANCE) SA 4 RUE RENE RAZEL SACLAY FR 91894 PBLC SFTY FR UL SA RL C 227861 4122056 1.00000 true UL INTERNATIONAL (GERMANY) GMBH ADMIRAL-ROSENDAHL-STRASSE 9 D63236 NEU ISENBURG GM PBLC SFTY GM UL SA RL C 3420296 153015476 1.00000 true UL INTERNATIONAL (ITALIA) SRL VIA ARCHIMEDE 42 20864 AGRATE BRIANZA MI IT PBLC SFTY IT UL SA RL C 2647639 91991290 1.00000 true UL INTERNATIONAL (NETHERLANDS) BV DELTA 1A 6825ML ARNHEM NL PBLC SFTY NL UL GMBH C 979291 8662112 1.00000 true UL INTERNATIONAL (SWEDEN) AB STORBYVAGEN 2-4 163 29 SPANGA CTR SPANGA SW PBLC SFTY SW UL SA RL C 40982 501095 1.00000 true UL INTERNATIONAL (UK) LTD WONERSH HSE OLD PORTSMOUTH RD GUILDFORD UK PBLC SFTY UK UL SA RL C 898309 191962822 1.00000 true UL INTERNATIONAL AUSTRALIA PTY LTD 600 BOURKE STREET MELBOURNE AS PBLC SFTY AS UL GMBH C 64289 2408451 1.00000 true UL INTERNATIONAL DEMKO AS BORUPVANG 5A 2750 BALLERUP DA PBLC SFTY DA UL SA RL C 1197784 17265078 1.00000 true UL INTERNATIONAL LTD DELTA HOUSE 3 ON YIU ST 18TH FL SHATIN NT HK PBLC SFTY HK UL SA RL C 1128105 14682110 1.00000 true UL INTERNATIONAL NEW ZEALAND LTD 234-29 ALBERT ST AUCKLAND NZ PBLC SFTY NZ UL SA RL C 158908 3765277 1.00000 true UL INTERNATIONAL POLSKA SP ZOO A1 KRAKOWSKA 81 05-090 SEKOCIN NOWY PL PBLC SFTY PL UL SA RL C 524360 9665185 1.00000 true UL JAPAN INC 4383-326 ASAMA-CHO ISESHI MIE JA 516-0021 PBLC SFTY JA UL SA RL C 13370282 115004392 1.00000 true UL SERVICES (MALAYSIA) SDN BHD LINGKARAN SYED PUTRA 59200 KUALA LUMPUR MY PBLC SFTY MY UL SA RL C 12679 545957 1.00000 true UL VERIFICATION SERVICES PVT LTD 39 ROBINSON RD 07-01 ROBINSON POINT SN 68911 PBLC SFTY SN UL SA RL C 3302840 14133870 1.00000 true UL CCIC CO LTD 98 HENGSHAN RD SUZHOU CH PBLC SFTY CH UL SOLUTIONS IN C 69948517 197467467 0.70000 true UNDERWRITERS LABORATORIES IBERICA SL AVDA DIAGONAL 407 4 1 A BARCELONA SP 8008 PBLC SFTY SP UL SA RL C 299924 16451512 1.00000 true UNDERWRITERS LABORATORIES TAIWAN CO LTD 260 DA-YEH RD 1ST FLR TAIPEI CITY PEITOU DISTRICT TW 112 PBLC SFTY TW UL GMBH C 3931220 58599410 1.00000 true UL DO BRASIL LTDA 195 FIDENCIO RAMOS ST 5TH FLR STE 1 SAO PAULO BR PBLC SFTY BR UL SA RL C 10031482 31932975 1.00000 true DQS GMBH DEUTSCHE GESSELSHAFT AUGUST-SCHANZ STR 21 FRANKFURT GM 60433 PBLC SFTY GM UL SARL C 0 0 1.00000 true UL DO BRASIL CERTICACOES RUA FIDENCIO RAMOS 195-5 ANDAR VILA OL SAO PAULO BR CEP04551-0 PBLC SFTY BR UL HBV C 3380822 8247283 1.00000 true UNDERWRITERS LABORATORIES ME FZCO AIRPORT FREEZONE OFFICE NO 4WA 421 DUBAI AE PBLC SFTY AE UL SA RL C 1565590 6685951 1.00000 true UL VS TAIWAN LTD 260 DA-YEH RD 1ST FLR TAIPEI CITY PEITOU DISTRICT TW PBLC SFTY TW UL SA RL C 64968 4623476 1.00000 true UL VS HONG KONG LIMITED 16-17F TOWER B REGENT CENTER KWAI HK PBLC SFTY HK UL SA RL C 3012064 136516628 1.00000 true SPECIALIZED TECH RESOURCES LANKA PVT 29 BRAYBROOKE STREET COLOMBO CE PBLC SFTY CE UL SOLUTIONS IN C 14634 133226 1.00000 true UL VS LHAS TAKSIM LAMARTIN CADDESI NO 10 ISTANBUL TU PBLC SFTY TU STR TURKEY C 1073196 3644775 1.00000 true STR BANGLADESH PRIVATE LTD 16 KEMAL ATATURK AVE BANANI BG PBLC SFTY BG UL VS HK C 4388 110607 1.00000 true RFI CHINA HOLDINGS LIMITED ROOM 1902 19F ASIA ORIENT TOWER 33 ROCKHART ROAD HK PBLC SFTY HK UL SA RL C 0 0 1.00000 true UL TS BV DE HEYDERWEG 1 2314 XZ LEIDEN NL PBLC SFTY NL COLLIS H BV C 1461348 18104825 1.00000 true UL TS FZE PO BOX 341060TECHNOPOINT BLDG DUBAI AE PBLC SFTY AE COLLIS H BV C 227114 2403531 1.00000 true DEWI DO BRASIL EDEE LTDA AV NOVE DE JULHO 95 ED CTR 9 RM 23 SAO JOSE BR PBLC SFTY BR DEWI GMBH C 283178 907557 1.00000 true DEWI OFFSHORE & CERTIFICATION CNTR GMBH AM SEEDEICH 9 D27472 CUXHAVEN GM PBLC SFTY GM DEWI GMBH C 578163 10151209 1.00000 true ICQ (MED) SARL 33 BLOC A RESIDENCE FAYROUZ LAC II TUNIS TS PBLC SFTY TS ICQ SRL C 1751 2051348 1.00000 true INSTITUTO CERTIFICAZIONE QUALITA SRL VIA EUROPA 28 CABIATE IT PBLC SFTY IT ICQ H SRL C 432060 38334464 1.00000 true UL TRANSACTION SECURITY PTY LTD 130 HIGH STREET ROAD UNIT 3 ASHWOOD AS PBLC SAFETY AS UL GMBH C 777652 1932767 1.00000 true UL VS BANGLADESH LTD HOUSE NO-1 1ST FLR RD NO-12 BLOCK K GULSHAN BG PBLC SFTY BG UL SA RL C 1484169 9312130 1.00000 true UL STS CO LTD 1128 WENHUI ROAD SONGJIANG SHANGHAI CH 270913800 PBLC SFTY CH EMT C 563179 4348305 1.00000 true NUOVO ISTITUTO ITALIANO SICUREZZE DEI VIA EUROPA 28 CABIATE IT PBLC SFTY IT ICQ H SRL C 850544 36485988 1.00000 true COLLIS HOLDING BV DE HEYDERWEG 1 2314 XZ LEIDEN NL PBLC SFTY NL UL SA RL C 89298 33320083 1.00000 true UL INTERNATIONAL GMBH 1 NISHINOKYO-SHIMOAICHO KYOTO NAKAGYOKU JA 604-8436 PBLC SFTY JA DEWI GMBH C 3910479 62441403 1.00000 true TESTTECH LABORATORIOS DE AVALIACAO DA CO RUA SANTA MADALENA 263 BARRIO BOM PORTO ALEGRE BR 91420-490 PBLC SFTY BR UL DO BRASIL LT C 4399683 5401519 1.00000 true FUTUREMARK OY KAPPELITIE 6 ESPOO FI 2200 PBLC SFTY FI UL SOLUTIONS IN C 6501208 30309340 1.00000 true UL SHIMADZU LABORATORY CO 1 NISHINOKYO-SHIMOAICHO KYOTO NAKAGYOKU JA 604-8436 PBLC SFTY JA UL SOLUTIONS IN C 292496 1430007 1.00000 true UL INTERNATIONAL INDONESIA GRANDARIA OFFICES 8 10TH FL UNIT C DKI JAKARTA ID 12240 PBLC SFTY ID UL SARL C 133035 1445740 1.00000 true GREEN SAFETY (SHANGHAI) 38F CIROS SQUARE388 WEST NANJING F CIROS SQUARE WEST NANJING CH PBLC SFTY CH UL SARL C 2615 36024664 1.00000 true UL VS SOUTH AFRICA PROPRIETARY LTD 2 EGLIN RD SUNNINGHIL SF 2157 PBLC SFTY SF UL SA RL C 22127 353507 1.00000 true UL IRELAND OPERATIONS LIMITED WESTLAND SQUARE 33 PEARSE STREET DUBLIN EI 2 PBLC SFTY EI UL GMBH C 423550 2020629 1.00000 true UL VERIFICATION SERVICES (GUANGZHOU) RM 104 NO 265 ZHUJIANG EAST RD GUANGZHOU CITY CH PBLC SFTY CH UL VS PTY LTD C 236977 14640887 1.00000 true CONSUMER TESTING LABORATORIES (FAR EAST) 7TH FL RILEY HOUSE 88 LEI MUK RD KWAI CHUNG HK 980434958 PBLC SFTY HK UL SOLUTIONS IN C 413548 8099118 1.00000 true CONSUMER TESTING LABORATORIES LTD 270 TEJGOANI/A NOVO TOWER 7TH FL DHAKA BU 1208 980434958 OPBLC SFTY BU UL SOLUTIONS IN C 1533209 11165075 1.00000 true AWS TRUEPOWER DO BRAZIL LTDA SETE DE SETEMBRO 5485 APTO 901 CURITIBA BR 80240-0001 392049336 PBLC SFTY BR UL SOLUTIONS IN C 360749 1711239 1.00000 true CONSUMER TESTING LABORATORIES (SHENZHEN SETE DE SETEMBRO 5485 APTO 901 CURITIBA BR 80240-0001 PBLC SFTY BR UL SOLUTIONS IN C 600088 6632857 1.00000 true UL SERVICES SPAIN SL BARCELONA SCIENCE PARK BARCELONA FC SP 8028 PBLC SFTY SP UL SOLUTIONS IN C 735670 8784644 1.00000 true UL BUSINESS SERVICES MEXICO PASEO DE LA REFORMA 383 PISO 7 CUAUHTEMOC MX PBLC SFTY MX UL SERVICES GRO C 342769 2489513 1.00000 true SAFEWARE INVESTORS LIMITED 14 PHOENIX PARK TELFORD WAY COALV LEICESTERSHIRE UK PBLC SFTY UK UL SOLUTIONS IN C 0 0 1.00000 true UL MOROCCO LLC RES AL FATH 217 BD BRAHIM ROUDANI CASABLANCA MO PBLC SFTY MO UL SOLUTIONS IN C 4941 217112 1.00000 true UL DE COLOMBIA SAS CARRERA 62 NO 103-44 OF BOGOTA CO PBLC SFTY CO UL SOLUTIONS IN C 0 674708 1.00000 true UL BUSINESS SERVICES INDIA LLP NO1 6TH CROSS AMARAJYOTHI CO-OPE BANGLORE IN 560040 PBLC SFTY IN UL SOLUTIONS IN C 1067577 6877414 1.00000 true EMERGO ASIA PACIFIC LTD PTY 201 SUSSEX ST DARLING PARK TOWER I SYDNEY NSW AS 2000 AS PBLC SFTY AS UL SOLUTIONS IN C 5330 419749 1.00000 true EMERGO CONSULTING UK LIMITED SHEFFIELD TECH PARKS COOPER STE 14 SHEFFIELD UK S1 2NS PBLC SFTY UK UL SOLUTIONS IN C 27777 2322061 1.00000 true EMERGO SINGAPORE CONSULTING PTE LTD 1 FULLERTON ROAD 02-01 ONE FULLER SN 49213 PBLC SFTY SN UL SOLUTIONS IN C 763 509166 1.00000 true EMERGO TAIWAN LIMITED 14/F NO 8 SEC 5 XINYI RD TAIPEI TW 11049 PBLC SFTY TW UL SOLUTIONS IN C 16049 307172 1.00000 true EMERGO EUROPE BV MOLENSTRAAT 15 THE HAGUE NL 2513 BH PBLC SFTY NL UL SOLUTIONS IN C 266676 6073344 1.00000 true EMERGO DEUTSCHLAND GMBH POSTSTRESSE 33 HAMBURG GM 20354 PBLC SFTY NL UL SOLUTIONS IN C 621357 1444133 1.00000 true EMERGO FRANCE SAS 13 RUE CAMILLE DESMOULINS ISSY LES MOULINEAUX FR 92130 PBLC SFTY FR UL SOLUTIONS IN C 7250 394764 1.00000 true EMERGO EUROPE CONSULTING BV PRINSESSEGRACHT 20 THE HAGUE NL 2514 AP PBLC SFTY NL UL SOLUTIONS IN C 1387412 12233757 1.00000 true EMERGO KOREA LIMITED KOLON SCIENCE VALLEY II 14TH FLR SEOUL KN 55 PBLC SFTY KN UL SOLUTIONS IN C 34890 362167 1.00000 true EMERGO ISRAEL LIMITED 19/1 HASHITA ST YOQNEAM IS 20692 PBLC SFTY IS UL SOLUTIONS IN C 2780 288646 1.00000 true EMERGO HONG KONG LIMITED UNIT 3709 37TH FLR TOWER II LI89 QUEENSWAY ADMIRALTY HK PBLC SFTY HK UL SOLUTIONS IN C 1982 254128 1.00000 true EMERGO MALAYSIA SDN BHD LEVEL 16 1 SENTRAL JALAN STESEN S KUALA LUMPUR MY PBLC SFTY MY UL SOLUTIONS IN C 16136 295559 1.00000 true EMERGO COSTA RICA SRL CENTRO CORPORATIVO PLAZA ROBLE ESCAZU SAN JOSE CS PBLC SFTY CS UL SOLUTIONS IN C 26658 664566 1.00000 true EMERGO PERU SRL CALLE LAS ORQUIDEAS 585 EDIFICIO F SAN ISIDRO LIMA PE 27 PBLC SFTY PE UL SOLUTIONS IN C 17587 162524 1.00000 true EMERGO (INDIA) CONSULTING PVT LTD PLOT NO 8/1 1ST FLR KAKAGU SECUNDERABAD IN AP 500009 PBLC SFTY IN UL SOLUTIONS IN C 13158 502214 1.00000 true EMERGO CONSULTING LLC 4TH LESNOY PER 4 MOSCOW RS 125047 PBLC SFTY RS UL SOLUTIONS IN C 33944 261262 1.00000 true EMERGO SRL MONTECITO 38 PISO 34 BENITO JUAREZ MX CP 03810 PBLC SFTY MX UL SOLUTIONS IN C 41361 1239365 1.00000 true CHEMADVISOR EUROPE SPRL SABLON TOWER RUE JOSEPH STEVENS 7 BRUSSELS BE 1000 PBLC SFTY BE UL SOLUTIONS IN C 1288505 3826622 1.00000 true UL BUSINESS SOLUTIONS CANADA INC 29 CAPITAL DRIVE STE 200 OTTAWA ONTARIO CA K2G 0E7 PBLC SFTY CA UL SOLUTIONS IN C 1847906 25916657 1.00000 true UL LABORATORY CANADA INC 420 CHAREST EAST BLVD STE 300 QUEBEC CA G1K 8M4 PBLC SFTY CA UL SOLUTIONS IN C 1077178 7754880 1.00000 true EMERGO JAPAN CONSULTING KK MG ICHIGAYA 6F 19-1 HARAIKATAMACHI TOKYO JA PBLC SFTY JA UL SOLUTIONS IN C 510041 3879761 1.00000 true UL VS SHANGHAI LIMITED 38F CIROS PLAZA 388 W NANJING RD SHANGHAI CH PBLC SFTY CH UL VS HK C 11107609 71918312 1.00000 true EMERGO BRAZIL PARTICIPACOES E SERVICIOS 10 ANDAR ED BAIRRO ZONA INDUSTRIAL BR 981006736 PBLC SFTY BR UL SOLUTIONS IN C 109011 3277902 1.00000 true UL CHANGZHOU QTS 21 LONGMEN ROAD WUJIN JIANGSU CH 213100 PBLC SFTY CH UL CHINA HOLDIN C 135073 22168819 1.00000 true GULF RENEWABLE ENERGY LAB 3RD INDUSTRIAL CITY PO BOX 39558 DAMMAN KHOBAR SA 31942 PBLC SFTY SA UL SARL C 0 0 1.00000 true UNDERWRITERS LABORATORIES HOLDING BV DELTA 1B ARNHEM NL HOLDING CO NL UL SARL C 33953107 593177252 1.00000 true EMERGO MEDICAL TECHNOLOGY UNIT 1103B EAST TOWER TWIN TOWERS BEIJING CHAOYANG DISTRICT CH PBLC SFTY CH UL SOLUTIONS IN C 40927 681651 1.00000 true METHOD PARK CONSULTING (SHANGHAI) TIANHUI BUSINESS PLAZA 968 JINZHON SHANGHAI CH PBLC SFTY CH UL SOLUTIONS IN C 385225 0 1.00000 true METHOD PARK HOLDING WETTERKREUZ 19A ERLANGEN GM 91058 PBLC SFTY GM UL SOLUTIONS IN C 1061634 45187174 1.00000 true UL VS VIETNAM CO LTD 9/9 NGUYEN TUONG ST WARD 6 BINH THANH DISTRI VM PBLC SFTY VM UL SA RL C 111157 6795833 1.00000 true ULME TRADING LLC ABU DHABI ISLAND DEFENCE ROAD C91 E ABU DHABI AE PBLC SFTY AE UL SOLUTIONS IN C 33282 241663 1.00000 true KUGLER MAAG CIE GMBH LEIBNIZSTRASSE 11 KORNWESTHEIM GM 70806 PBLC SFTY GM UL SOLUTIONS IN C 6428522 32677550 1.00000 true KUGLER MAAG CIE MANAGEMENT CONSULTING (S ROOM 101 UNIT NO 7 BUILDING NO SHANGHAI CH PBLC SFTY CH UL SOLUTIONS IN C 75853 1543820 1.00000 true UNDERWRITERS LABORATORIES ADVANCED FOR V 8006 AL URUNAH ROAD 2926 W UNM AL RIYADH SF 12329 PBLC SFTY SF UL SOLUTIONS IN C 7978 1042873 1.00000 true UL CONCORD HOLDINGS LIMITED UNIT 1-3 HORIZON WADE ROAD BASINGSTOKE UK RG24 8AH PBLC SFTY UK UL SOLUTIONS IN C 4601 18697655 1.00000 true CIMTEQ LIMITED 7A WILKINSON BUSINESS PARK CLYWEDOG WREXHAM UK LL13 9AE PBLC SFTY UK UL SOLUTIONS IN C 1683283 18880552 1.00000 true CIMTEQ HOLDINGS LIMITED 7A WILKINSON BUSINESS PARK CLYWEDOG WREXHAM UK LL13 9AE PBLC SFTY UK UL SOLUTIONS IN C 0 0 1.00000 true CERTIFICATION ENTITY FOR RENEWABLE ENERG C/MONTURIOL 15 POLIGANO INDUSTRIAL MADRID SP ES-28906 TESTING & INSP. SP UL IBERICA SL C 1295989 14576033 1.00000 true HBI COMPLIANCE LIMITED UNIT 1-4 HORIZON WADE ROAD BASINGSTOKE UK RG24 8AH TESTING & INSP. UK UL VS LTD C 41414 4666516 1.00000 true HEALTHY BUILDINGS INTERNATIONAL LIMITED UNIT 1-4 HORIZON WADE ROAD BASINGSTOKE UK RG24 8AH TESTING & INSP. UK HBI COMPLIANCE C 704983 2953062 1.00000 true DB MANAGEMENT SYSTEMS LTD UNIT 1-4 HORIZON WADE ROAD BASINGSTOKE UK RG24 8AH TESTING & INSP. UK HBI COMPLIANCE C 133505 1396056 1.00000 true UL SINGAPORE HOLDINGS PTE LTD 2 SHENTON WAY 18-01 SGX CENTRE SN 68804 HOLDING COMPANY SN UL SG HLDG LLC C 264079680 722322925 1.00000 true TESTNET CANADA Inc 9669 201 STREET LANGLEY BRITISH COLUMBIA CA V1M 3E7 TESTING & INSP. CA TSTNET ENG GMBH C 328314 7245291 1.00000 true TESTNET ENGINEERING GMBH ESCHENALLEE 11 OBERDINGSCHWAIG GM 85445 TESTING & INSP. GM UL INT GER GMBH C 350156 24255819 1.00000 true BATTERIEINGENIEURE GMBH AVENTISALLEE 217 AACHEN GM 52072 TESTING & INSP. GM UL INT GER GMBH C 304475 27277635 1.00000 true TESTNET MAXIMATOR GMBH ESCHENALLEE 11 OBERDINGSCHWAIG GM 85445 TESTING & INSP. GM TSTNET ENG GMBH C 0 0 1.00000 true HYAC GMBH C/O THE OFFICE GRP KRONENSTRAE 63 BERLIN GM 10117 TESTING & INSP. GM TSTNET ENG GMBH C 0 0 1.00000 true HYTACC GMBH HAUPTSRAE 8B GRASBRUNN GM 85630 TESTING & INSP. GM TSTNET ENG GMBH C 0 0 1.00000 true BATTERIEINGENIEURE INTN'L GMBH IL HTTENSTRAE 5 AACHEN GM 52068 TESTING & INSP. GM BATTERIE GMBH C 0 0 1.00000 true BATTERIEINGENIEURE SE SOCIEDAD LTD C/ ASTONDOA BIDEA-EDIFICIO 612 DERIO BIZKAIA SP 48 TESTING & INSP. SP BATTERIE GMBH C 0 0 1.00000 true UL NINGBO TECHNOLOGY SVCS CO LTD BUILDING 2 NO 777 JINGHUA RD NINGBO ZHEJIANG PROVINCE CH TESTING & INSP. CH UL (CHINA) HOLD C 28520 8383041 1.00000 true UL LLC 333 PFINGSTEN RD NORTHBROOK IL 60062 943282454 PBLC SFTY DE UL SOLUTIONS IN C 1153859688 2490549285 1.00000 true UL SOLUTIONS INC 333 PFINGSTEN ROAD NORTHBROOK IL 60062 270913800 PBLC SFTY DE ULSE INC C 384711863 3882661542 0.69100 true UL SERVICES GROUP LLC 463 NEW KARNER ROAD ALBANY NY 141813081 141813081 PBLC SFTY NY UL SOLUTIONS IN C 48853610 88890065 1.00000 true DATA TEST LABS COMPANY 45005 FIVE MILE PLYMOUTH MI 48170 465469196 TESTING & INSP. MI UL LLC C 4496024 15186170 1.00000 true UL VERIFICATION SERVICES INC 333 PFINGSTEN RD NORTHBROOK IL 60062 272031099 PBLC SFTY DE UL SOLUTIONS IN C 446510152 714834918 1.00000 true CONSUMER TESTING LABORATORIES(BANGLADES) QC937H5 DHAKA BG 1208 TESTING & INSP. BG CONSUMER TESTIN C 0 0 1.00000 true true true false false false true false false false false true true true true false true true false false UL SOLUTIONS INC S 2142132000 FMV UL SOLUTIONS INC F 82548750 FMV UL LLC A 20854902 FMV ULC STANDARDS B 1500000 FMV UL LLC M 1035042 FMV UNDERWRITERS LABORATORIES INC P 1026942 FMV UL LLC N 848738 FMV UL INTERNATIONAL DEMKO AS M 243378 FMV UL DE MEXICO SA DE CV M 215071 FMV UL LLC P 211495 FMV UL STANDARD TECH SERVICE (SHANGHAI) CO LTD M 183224 FMV UL INTERNATIONAL SINGAPORE PRIVATE LIMITED M 172136 FMV UL GMBH SAUDI ARABIA BRANCH M 145418 FMV UL (CHINA) HOLDING COMPANY LIMITED M 140555 FMV UL INDIA PRIVATE LIMITED M 51724 FMV SCHEDULE R, PART V AS PART OF ITS TAX-EXEMPT FUNCTIONS AND IN FURTHERANCE OF ITS EXEMPT PURPOSES, ULSE DISTRIBUTES THE UL STANDARDS FOR A FEE TO TESTING, INSPECTION, AND CERTIFICATION ("TIC") ORGANIZATIONS (INCLUDING UL LLC) AND TO INDUSTRY PROFESSIONALS THAT USE THE UL STANDARDS IN CONNECTION WITH MANUFACTURING, TESTING, AND CERTIFYING CONSUMER PRODUCTS, PROCESSES, AND SYSTEMS TO ENSURE THEY ARE SAFE FOR THE PUBLIC. ULSE REPORTS THESE FEES AS RELATED PROGRAM SERVICE REVENUE. THE FEE CHARGED TO UL LLC FOR THE UL STANDARDS IS DETERMINED BY A TRANSFER PRICING STUDY CONDUCTED UNDER INTERNAL REVENUE CODE SECTION 482.