Vertex Pharmaceuticals Incorporated : 2024 (2024 Political Engagement Principles)

Published: 2025-03-31 10:23:06 ET VRTX

POLITICAL ENGAGEMENT PRINCIPLES

Our Mission

Every day, Vertexians work hard to improve the lives of patients. In so doing, we recognize the importance of public policy in supporting our mission of creating transformative medicines for people with serious diseases. Public sector decisions significantly affect our business and industry, as well as the communities in which we operate and the patients that we serve. It is therefore critical for us to interact with policymakers across the political spectrum to advocate for policies that benefit patients and foster biopharmaceutical innovation and advancement.

We have regular and constructive engagement with government officials and policymakers at the federal, state, and local levels to promote an innovative, patient-focused policy environment. We also contribute to state and local candidates and political organizations where permitted by applicable law. Our participation in the political process is guided by ourCode of Conduct.

Management and Board Oversight

The Vertex Board of Directors has oversight over the Company's public policy activities, including political contributions and lobbying, and reviews our public policy and lobbying priorities at least annually. Our Head of U.S. Public Affairs is responsible for approving all corporate political contributions and ensuring that they align with our mission and business priorities. Political contributions are made without regard for the private political preferences of Vertex executives.

Lobbying and Political Activities

Lobbying

We comply with the Lobbying Disclosure Act and file quarterly reports listing the issues for which we are conducting lobbying activities and the amounts we spend in support of those activities, including (i) total federal lobbying expenditures, (ii) the name of the specific piece of legislation or subject that was the topic of communication, (iii) disclosure of Vertex individuals lobbying on behalf of Vertex, and (iv) identification of the legislative body or executive branch that was contacted. Our latest federal lobbying disclosure filings are available on theU.S. SenateOffice of Public Records website and theU.S. House of Representatives Office of the Clerkwebsite.

Lobbying disclosure rules also often apply at the state and local levels. We have included, and will update annually, an Appendix listing the states in which we file lobbying reports and, to the extent available, links to state websites where such information can be found.

We do not engage in grassroots lobbying communications.

Political Contributions

Vertex contributes to state and local candidates where permitted by applicable law. Our contributions are bipartisan and support candidates and policies that will enable us to create transformative medicines for people with serious diseases, including those that further biopharmaceutical innovation and access to medicines; help patients with serious diseases; and impact our employees or geographic areas where our facilities are located. We also may provide financial support to other political organizations, including 527 organizations. A list of these contributions will be updated annually in the Appendix.

Vertex does not make independent political expenditures and does not make payments to influence ballot measures.

At times, Vertex may contribute to 501(c)4 organizations that engage in lobbying or political activity. We will disclose such organizations annually in the Appendix and, to the extent available to us, the portion of those payments used for activities that are not deductible under Chapter 162(e) of the Internal Revenue Code. Vertex does not contribute funds intended for elections to 501(c)4 organizations.

VPAC

The Vertex Political Action Committee (the "VPAC") is a nonpartisan organization that contributes to federal and state candidates across the political spectrum. VPAC-supported candidates share our commitment to ensuring access to transformative medicines and recognize the vital contributions that Vertex and its employees make in discovering medicines that can prevent, cure or fundamentally change the outcomes of serious diseases for patients and their families. VPAC takes into consideration many issues that are important to meeting the needs of the patients we serve, our employees, and our company. A contribution from VPAC does not mean that Vertex agrees with the candidate on every issue.

The VPAC is funded entirely by voluntary contributions from employees and members of our Board of Directors. Federal law prohibits corporations from making direct contributions to federal candidates, political parties, and political committees. Companies are permitted to administer a political action committee funded solely by voluntary employee contributions.

VPAC's contributions are publicly disclosed in reports with the U.S. Federal Elections Commission available here:www.fec.gov/data/committee/C00468660/. All VPAC spending decisions are reviewed by the VPAC Board of Directors and are approved by Vertex's Head of U.S. Public Affairs.

Trade Organization and Industry Group Memberships

Vertex is a member of industry and trade groups that are aligned with our business objectives and our political contributions philosophy. Our government affairs executives evaluate our participation in these organizations regularly to ensure alignment with our contribution criteria and principles.

While we may not always agree with the positions taken by these organizations or their members, we are committed to participating in the discussions. In some instances, these organizations may use membership dues to engage in lobbying activities. We do not direct, nor have discretion over, how these funds are used.

In 2024, the industry and trade organizations to which Vertex paid more than $25,000 in membership dues or other payments, and to the extent available to us, the portion of those payments that were used for activities that are not deductible under Chapter 162(e) of the Internal Revenue Code were:

Organization

Non‐Deductible Portion of Payments ($)

Biotechnology Innovation Organization

185,701

California Life Sciences Association

10,640

Texas Healthcare and Bioscience Institute

3,500

Massachusetts Biotechnology Council

4,000

New York Bio

432

Appendix

Lobbying Disclosures by Registered State Jurisdiction

Alabama

http://ethics.alabama.gov/lobbyists.aspx

Arizona

https://lobbying.az.gov/

Arkansas

https://www.sos.arkansas.gov/elections/financial-disclosure/registered-lobbyists-political-action-committees

California

http://cal-access.sos.ca.gov/Lobbying/

Colorado

https://www.sos.state.co.us/pubs/lobby/lobby_home.html

Connecticut

https://portal.ct.gov/Ethics/Lobbyist-Filings/Lobbyist-Filings/Lobbyist-Main-Page

Delaware

https://depic.delaware.gov/

District of Columbia

https://bega.dc.gov/page/resources-lobbyists

Florida

https://floridalobbyist.gov/

Georgia

https://ethics.ga.gov/lobbyist-reporting/

Idaho

https://sos.idaho.gov/elections-division/lobbyist-information/

Illinois

https://www.ilsos.gov/lobbyistsearch/

Indiana

https://www.in.gov/ilrc/

Iowa

https://www.legis.iowa.gov/lobbyist

Kansas

https://www.kssos.org/elections/elections_lobbyists.html

Kentucky

https://klec.ky.gov/Pages/default.aspx

Louisiana

http://ethics.la.gov/lobbyinghome.aspx

Maine

https://www.maine.gov/ethics/lobbyists

Maryland

https://lobby-ethics.maryland.gov/

Massachusetts

https://www.sec.state.ma.us/LobbyistPublicSearch/

Michigan

https://www.michigan.gov/sos/0,4670,7-127-1633_11945---,00.html

Minnesota

https://cfb.mn.gov/citizen-resources/board-programs/overview/lobbying/

Mississippi

https://lobbying.sos.ms.gov/elec/portal/msel/page/search/portal.aspx

Missouri

https://mec.mo.gov/MEC/Lobbying/Home.aspx

Montana

https://lobbyist-ext.mt.gov/LobbyistRegistration/

Nebraska

https://nadc.nebraska.gov/lobbying

Nevada

https://www.leg.state.nv.us/Lobbyist

New Hampshire

https://www.sos.nh.gov/lobbyists

New Jersey

https://www.elec.nj.gov/forcandidates/gaa_ed_train.htm

New Mexico

https://www.cfis.state.nm.us/media/ReportLobbyistFilingPeriods.aspx

New York

https://jcope.ny.gov/public-data

North Carolina

https://www.sosnc.gov/divisions/lobbying

North Dakota

https://sos.nd.gov/lobbyists

Ohio

http://www.jlec-olig.state.oh.us/?page_id=4

Oklahoma

https://www.ok.gov/ethics/State_Officers_&_Employees/Lobbying/

Oregon

https://www.oregon.gov/ogec/public-records/Pages/Lobby-Registrations-andExpenditure-Reports.aspx

Pennsylvania

https://www.dos.pa.gov/OtherServices/LobbyingDisclosure/Pages/default.aspx

Rhode Island

https://www.sos.ri.gov/divisions/open-government/transparency/lobbying

South Carolina

https://apps.sc.gov/lobbyingactivity/LAIndex.aspx

South Dakota

https://sosenterprise.sd.gov/businessservices/lobbyist/default.aspx

Tennessee

https://apps.tn.gov/ilobby/

Texas

https://www.ethics.state.tx.us/search/lobby/loblistsREG2016-2020.php

Utah

https://lobbyist.utah.gov/Search/PublicSearch

Vermont

https://lobbying.vermont.gov/

Virginia

http://ethics.dls.virginia.gov/lobbyists.asp#prepare

Washington

https://www.pdc.wa.gov/browse

West Virginia

https://ethics.wv.gov/lobbyist/Pages/Reporting.aspx

Wisconsin

https://lobbying.wi.gov/Home/Welcome?session=2019REG

Wyoming

https://lobbyist.wyo.gov/Lobbyist/Default.aspx

2024 Corporate Contributions to State and Local Political Candidates

Name

State

Amount

Committee to Elect Butch Parrish

1000

Friends of Jessica Bateman

1000

Friends of Jesse Pippy

500

Friends for Alonzo Washington

500

Citizens for Antonio Hayes

500

Friends of Don Harmon

1000

Matt Gambill Campaign For State House

500

Citizens for Castro

500

Syverson for Senate

500

Josh Harkins Senate Campaign Fund

500

Bo Watson for Senate

1000

Friends of Terri Bryant

500

Lee Hawkins Campaign Fund

500

Derrick Simmons for State Senate Campaign Fund

500

Hoover for Assembly 2024

2000

Republican Assembly Campaign Cmte-SEG FUND

1250

Dr. Bill Wheat Campaign

500

Friends of Candi Mundon King

1000

Robert Rivas for Assembly 2024

2000

Louis Ruiz for Kansas

250

Friends for Kathy Hochul

4000

NH House Democratic Victory Campaign Committee

500

AshPAC

1000

Ryan McDougle for Senate

1000

Friends of Chris Gorsek

500

Friends of Steve Hershey

1000

Alabama House Republican Caucus

2000

Cameron Henry Campaign Fund

1500

Ty Masterson for Kansas

500

Friends of Jeff Helfrich

1000

Sam Creekmore Campaign

1000

Cyrus for Oregon

500

Kansas for Blex

250

Tasha Boerner Horvath for Assembly 2024

1000

Murrell Smith Campaign

500

Billy Mitchell Campaign Fund

500

Green for Louisiana

500

The Committee to Elect Gary Carter, Jr.

500

Brock Martin for State Representative

1000

Friends of Win Stoller

500

Campos for Oregon

500

Thomas Pressly for State Senate

500

Ed Diehl for Oregon

500

Friends of Justin Ready

600

Terry L. Austin for House of Delegates

1000

Blakespear for Senate 2026

1500

Bob Owen Campaign

1000

Chase Blasi for State Senate

500

Citizens for Elizabeth Hernandez

500

Heath Flora for State Assembly 2024

1000

Committee for Elect Clark Boyd

1000

Woodard for Kansas

250

Committee to Elect Royce Duplessis

500

Friends Of Jehan Gordon-Booth

500

Sickles For Delegate

1000

NEMO Leadership Pac

1000

Kevin Blackwell Campaign Fund

500

Friends of Rob Nosse

500

Alabama Senate Republican Conference

2000

Friends of Robyn Gabel

500

Shane Reeves for State Senate

1000

Committee to Elect William Lamberth

1000

Committee to Elect Alonzo Knox

500

Jason White Campaign Fund

1000

Faust-Goudeau for Kansas

250

Friends of Caleb Hemmer

1000

Cullison for Maryland

500

Friends of Lillian Ortiz-Self

500

Barbara West Carpenter Committee

500

Friends of Clarence Lam

500

Snaza for State

1000

Wayne McMahen Campaign

500

Friends of Mattie Hunter

500

Laurie Davies for Assembly 2024

1000

Citizens for Lightford

500

Committee to Elect Tony McCombie

1000

Buehler 4 Kansas

250

State Senate Democratic Committee-Seg Fund

750

Missouri Alliance PAC

1500

Committee to Elect Edith Patterson

300

Dr. Jasmeet Baines for Assembly 2024

1000

Citizens for Bill Ferguson

1500

Northland Forward

1000

Committee to Elect House Republicans

500

Willett for Delegate

1000

Joseph Bouie, Jr. Campaign

500

Megan Dahle for Senate 2024

1000

NYS Republican Assembly Campaign Committee Housekeeping Account

3750

H-PAC

1000

Friends of Kathy Klausmeier

250

Friends of Melissa Wells

250

Friends of Robert "Bob" Rita

500

Citizens for Jackie Haas

500

Blake Carpenter for State Representative

250

Steven Jackson Campaign

500

Honest Leadership

5000

Citizens for Laura Murphy

500

Friends of Julie Fahey

1000

Senator John Braun

1000

Friends of Ghazala Hashmi

1000

Maine Democratic State Committee

20000

Friends of Rob Wagner

500

Committee to Elect Vanessa Atterbeary

500

Katie Dempsey Campaign Fund

1000

Lori Wilson for Assembly 2024

1500

Friends of Laurie Jinkins

500

Assembly Democratic Camp Comm-SEG FUN

750

Stephanie Berault Campaign

500

Jimmy Harris Campaign Fund

500

Jason Hughes Campaign Fund

500

Friends of Joseline Pena-Melnyk

1000

Elect Monical Stonier

500

DougPAC

1000

Plummer for Illinois

500

Friends of Marcus Riccelli

500

Oropeza for Kansas

250

Brach Myers Campaign

500

New Hampshire Senate Democratic Caucus

500

Friends of Johnny Mautz

550

Sam L. Jenkins, Jr. Campaign Committee

500

Ed Price for Senate

500

Tonya Anderson for State Senate District 43

500

Buckel for Delegate

1000

Brad Stephens for State Representative

500

Friends of LaPointe

500

Friends of Jheanelle Wilkins

1000

Friends of Michelle Maldonado

1000

Sabi Kumar for TN House

1000

NY Republican Senate Campaign Committee Housekeeping Account

3750

Missouri Leadership PAC

1500

Hawk for State Representative

1000

Cameron Sexton for State Representative

1750

Lindsay Vaughn for Kansas House

250

Carl Turner for Kansas

250

Friends of Lisa Reynolds

500

Gerald Boudreaux Campaign

500

Hayes for Delegate

1000

Friends of Jeff Keicher

500

Friends of Dr. Todd Pillion

1000

Friends of My-Linh

500

Glen D. Womack Campaign

500

Chris Croft for Kansas

500

Friends of Sue Rezin

500

Bob Hensgens Campaign Fund

500

Amy Walen for State House

500

Larry Selders

500

Ashby for Senate 2026

1000

Heart of SGF PAC

1000

Friends of Hai Pham

500

Friends of Pam Beidle

1000

Friends of Cory McCray

250

B PAC

1000

Angela Cockerham Campaign Fund

500

Rhonda Butler Campaign

500

Joe Stagni for State Representative

500

Citizens for Adrienne Jones

500

W. Briggs Hopson Campaign Fund

500

Citizens for Hauter

500

Patrick Moore McMath Committee

1000

Pat Pettey For Kansas Senate

500

New Hampshire Senate Republicans PAC

500

Committee to Elect Bo Mitchell

1000

Friends of Janet Yang Rohr

250

Friends of J.B. Jennings

1000

Katrina Jackson Campaign

500

Friends of Todd Nash

500

Kirk Talbot Campaign

500

Jason Brodeur Campaign Fund

1000

Mary Margaret Oliver Campaign Fund

500

John Ray Clemmons for TN House

1000

Greg Wallis for Assembly 2024

1500

Friends to Elect Elaine Davis

1500

Menjivar for Senate 2026

1000

Friends to Elect Raumesh Akbari Senate

1000

Friends of Kathy Szeliga

550

Hob Bryan Campaign Fund

1000

Friends of Ron Muzzell

1200

The Committee to Elect Esther Helton

1000

Dietrich for Senate

500

Pittman for Senate

500

Friends of Marcia Price

1000

Michelle Au Campaign Fund

500

Citizens for Teresa Reilly

550

Citizens for Karina Villa

500

Committee to Elect Holscher

500

The Adrian Fisher Campaign

500

Citizens for Sara Feigenholtz

500

Dr. Akilah Weber for State Senate 2024

1500

Renee Erickson for Kansas Senate

500

Kay Kirkpatrick Campaign Fund

500

Friends of Guy Guzzone

500

Dustin Miller Campaign Fund

750

Vadenia Winn For Kansas House

250

Eastside Forward PAC

1000

Trey Lamar Campaign for State House

500

Citizens for Thomas Hutchinson

500

Friends of John Curran

1000

Rosilicie Ochoa Bogh for Senate 2024

500

Sykes for Senate

500

Committee to Elect Phillip Devillier

1500

Friends of Paul Corderman

550

Friends of Mike Cherry

1000

Citizens for Matt Morgan

550

Julie Morrison for State Senate

500

Mike McLane for Oregon

500

Friends of Ken Kerr

500

Alabama Democratic Senators

1000

Citizens for Brian Chisholm

550

Friends of Harold Love

1000

Sheree Sample-Hughes Campaign Fund

300

Friends to Elect Andre V. Johnson

200

Friends of Ryan Spain

500

Friends of Terri Hill

300

Stacey Hobgood-Wilkes Campaign Fund

1000

Gallagher for Assembly 2024

3000

Friends of Fred Girod

500

People for Emanuel Chris Welch

1000

Disclaimer

Vertex Pharmaceuticals Incorporated published this content on March 31, 2025, and is solely responsible for the information contained herein. Distributed via , unedited and unaltered, on March 31, 2025 at 14:22 UTC.