A clear vision for responsible governance
Responsible corporate governance is a core principle at HealthEquity. Under the stewardship of our Senior and Executive Leadership Teams and Board of Directors, we prioritize ethical decision-making, well-structured policies, comprehensive training, and meaningful support for every team member.
HealthEquity Board of Directors
The Board of Directors at HealthEquity manages the Company’s business affairs with a commitment to serving the best interests of the stockholders while fostering long-term value. This approach considers the concerns of team members, customers, creditors, suppliers, and the wider community.
Our Corporate Governance Guidelines are designed to assist the Board in managing the Company’s affairs and meeting fiduciary obligations. Reviewed and approved annually, these guidelines ensure best practices in corporate oversight.
Strategic direction through dedicated committees
Through our four standing committees, the Board ensures effective governance by overseeing key aspects of company operations. These committees also provide direction on corporate sustainability topics that are core to our long-term success.
Audit and Risk Committee
Tasked with ensuring strong enterprise risk management practices, this committee works closely with the Board of Directors. They review the company’s risk-management program annually and set the plan for the year ahead. Regular quarterly updates provide insights into the program’s progress and evolving risks.
Cybersecurity and Technology Committee
The Cybersecurity and Technology Committee provides oversight for management’s approach to the company’s technology, cybersecurity measures, and the risks tied to these critical areas.
Nominating, Governance, and Corporate Sustainability Committee
This committee oversees the Board’s responsibilities for managing risks associated with board structure, membership, governance policies, and corporate sustainability. The committee works to ensure alignment between governance practices and sustainability goals.
Talent, Compensation, and Culture Committee
This committee evaluates risks tied to the incentives within our compensation policies and practices. It also plays a crucial role in nurturing a strong organizational culture and managing talent strategies that attract and retain employees who both embody our vision and contribute unique, essential perspectives.
Our Board of Directors reviews each committee charter annually. For more information on the HealthEquity Board of Directors and the committees of the Board, see our annual Proxy Statement to shareholders and Committee Charters here.
Ensuring policy compliance at every level
At HealthEquity every part-time and full-time team member—regardless of their role or location—is required to review and acknowledge these specific policies during onboarding and again each year as part of our Compliance Training Program:
Code of Business Conduct and Ethics
Designed to uphold ethical behavior, this code fosters honesty, legal compliance, and protection of company resources. It applies to all team members, Executive Officers, and the Board of Directors.
Anti-Corruption Policy
This policy is designed to adhere to anti-corruption laws, prevent improper transactions, and detect violations. Clear guidelines for corrective actions are provided to address instances of noncompliance.
Whistle-Blowing Policy
This details how complaints and reports of misconduct are received, retained, and addressed. These procedures ensure team members can report concerns anonymously and confidentially—either through the People Team or the Ethics hotline.
People Handbook and State Supplements to the People Handbook
Serving as a comprehensive resource for HealthEquity teammates, the handbook and supplements outline policies related to employment, company culture, and workplace expectations. They also provide details on timekeeping, payroll, benefits, leaves, technology use, social media, and conduct standards.
Like the policies mentioned above, all team members are required to review and acknowledge these additional key compliance policies and standards both at the time of hire and annually:
- Anti-Money Laundering Policy
- Insider Trading Policy
- Regulation Fair Disclosure (FD) Policy
- Privacy Policy
- Acceptable Use Policy
- Responsible Artificial Intelligence (AI) Policy
- Security Standard – Mobile and Unmanaged Endpoints
- Security Standard – Password Management
Building a discrimination-free workplace
Creating an exceptional culture means ensuring a workplace that actively prevents discrimination and harassment. To support this mission, the company maintains equal employment opportunity, non-discrimination, and anti-harassment policies as detailed in the People Handbook and its State Supplements.
All team members must complete harassment prevention training and confirm their understanding of these policies during onboarding and on an annual basis.
Equal Employment Opportunity (EEO) Policy
This policy embodies a dedication to creating a workplace rooted in fairness and respect. It prohibits discrimination, harassment, and retaliation on the basis of race, religion, color, sex, sexual orientation, gender identity, gender expression, national origin, citizenship status, uniform service member status, age (40 and older), genetic information, disability, or other protections under applicable laws.
Disability and Pregnancy Accommodations Policy
This policy ensures support for teammates with disabilities, on-the-job injuries, or limitations stemming from pregnancy, childbirth, or related medical needs—including breastfeeding, fertility treatments, and pregnancy termination. Reasonable accommodations will be made unless doing so would cause an undue hardship for the Company or cause a direct threat to others.
Policy Against Unlawful Harassment and Discrimination
This policy reinforces our commitment to a safe and respectful work environment, free from unlawful treatment. It extends protections to all categories included in the EEO policy, emphasizing fairness and accountability.
Policy Against Unlawful Retaliation
This policy guarantees that team members who report, oppose, or participate in the investigation of suspected harassment or discrimination are shielded from any form of retaliation.
Our policies promote an open environment where teammates are encouraged to report harassment, discrimination, or retaliation. Supervisors must promptly escalate any concerns or complaint. Policy violations are taken seriously and can result in disciplinary measures—including immediate termination.
We follow a consistent and impartial process to track, review, and investigate complaints thoroughly and fairly. When violations occur we take decisive steps to protect teammates, ensure workplace safety, and prevent repeat offenses.
Visit our Corporate Governance page for more information on all of the policies we follow at HealthEquity.
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