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A Culture of Winning Together
The Kimball Way

Our Company culture is a differentiator in the marketplace and a competitive strength. We believe you win with people, and we have worked very hard to develop a corporate culture that attracts, develops, and retains the best and brightest talent available.

“The Kimball Way” manifests through our team members and a company culture centered on respect and appreciation, aimed at enriching the lives of our employees with meaningful work while benefiting our communities by generating positive societal and environmental impacts.

Guiding Principles

Our Guiding Principles were first put to paper in 1990. The 15 bullet points have stood the test of time—globally!— and define who we want to be as a company when it comes to customers, people, citizenship, and profit. We strive to live up to these principles, asking employees to tell us how well we are doing and where we need to improve via an annual survey that, last year, drew response from an incredible 88% of our workforce. Our overall score continues to show that the vast majority of our employees recommend Kimball Electronics as a strong employer for others.

Our Guiding Principles

Our Customer is
Our Business

Our People are
the Company

The Environment is
Our Home

Profits are the
Ultimate Measure

Our teams around the world look for talent who help us execute our business strategies and contribute to our strong culture.

DEI&B Learning Series

In fiscal year 2023, employees had the opportunity to join 14 virtual events celebrating various heritage months and days, with guest speakers such as Jaqueline Hamer, daughter of the late civil rights icon Fannie Lou Hammer, Dr. Russell Jeung, professor of Asian American Studies at San Francisco State University and co-founder of Stop AAPI Hate, and Cherokee filmmaker and “Reservation Dogs” camera crew member Brit Hensel. Also virtual events were held for International Women’s Day, Earth Day, World Environment Day and Mental Health Month. Photo: “Fractured Not Broken” author and teacher Kelly Schaefer shared her life story filled with challenges, changes, and successes, during an event tied to mental health awareness.

DEI&B Learning Series

In fiscal year 2023, employees had the opportunity to join 14 virtual events celebrating various heritage months and days, with guest speakers such as Jaqueline Hamer, daughter of the late civil rights icon Fannie Lou Hamer, Dr. Russell Jeung, professor of Asian American Studies at San Francisco State University and co-founder of Stop AAPI Hate, and Cherokee filmmaker and “Reservation Dogs” camera crew member Brit Hensel. We also held virtual events for International Women’s Day, Earth Day, World Environment Day, and Mental Health Month.

“Fractured Not Broken” author and teacher Kelly Schaefer shared her life story filled with challenges, changes, and successes, during an event tied to mental health awareness.

Sadina Neal, Component Engineer

Women In STEM Empowerment (WISE)

Employee feedback shows that our company is improving when it comes to creating a place where they can be the best version of themselves. We achieve this through our diversity, equity, inclusion, and belonging (DEI&B) efforts. As part of our DEI&B strategy, we launched our first Employee Resource Group, called Women In STEM Empowerment (WISE), led by component engineer Sadina Neal, based in Pittsburgh. “Learning new ways to develop connections with others in the Kimball Electronics family is very important to me,” says Sadina. “Having the opportunity to work with so many strong women and supporting men allies while promoting empowerment and fellowship is extremely powerful. I cannot wait to see what we can accomplish together within the company and how we can support our local communities globally.”

2023 Diversity Metrics

50%

of our executive team is female

33%

of our managers are female

14%

of our executive management team is racially diverse

51.5%

of our global workforce is female

83.5%

of our workforce is outside the U.S.

IN THE U.S.:
12% of our workforce is racially diverse; 10% is ethnically diverse; 4% self identify as having a disability; 5% identify as a military veteran

Our Thailand employees appreciate our company culture so much that they affectionately refer to their workplace as their “second home.”

Creating Quality for Life

Creating Quality for Life is our purpose statement, and it sums up why we exist as a company beyond earning profit. It articulates the enduring value we deliver to our broad base of stakeholders, including our customers and end users; our people and their families; our communities; and our Share Owners. In fiscal year 2023, we developed a Creating Quality for Life Scholarship program, awarding scholarships to 10 graduating high-school seniors from around the world based on their demonstrated commitment to volunteering time to help others in their communities or to helping the environment. We strive to donate up to 1% of our annual net income to four main categories: Community, Charities, Education, and Science (as it pertains to the EMS industry).

kimball electronics logo in the footer

World Headquarters
Kimball Electronics, Inc.
1205 Kimball Blvd.
Jasper, IN 47546

www.kimballelectronics.com

2023 Annual Report

Winning Together,
The Kimball Way