U.S. Benefits New Hire Orientation Effective January 1, 2013

U.S. Benefits New Hire Orientation

Effective January 1, 2013

U.S. Benefits

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Health & Welfare

Other Benefit Plans

Savings & Retirement

Variable Cash Incentive Program

Health & Welfare Benefits

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Benefits EnrollmentNow is your time to enroll! You have 30 days from your hire date to enroll in your medical, dental and

flexible spending account (FSA) You will receive an email with enrollment instructions. If you don’t have a

company email address a letter will be mailed to your home. You can enroll by logging onto HR Express > Health & Welfare > Your Benefits

Resources

Other benefits to consider within your first 30 days Enrolling in the below benefits within 30 days allows you to avoid having to

provide medical evidence of insurability Long-Term Disability (LTD) – Income replacement during extended disabilityLong-Term Care (LTC) – Benefits for convalescent facility Supplemental Life and AD&D – Additional benefits over the company basic benefits

More information hr.conocophillips.com Employee Benefits Handbook

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Visit hr.conocophillips.com Benefit Highlights and Rates Summary Plan Descriptions

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Online Resources

Click Here

Medical Option Highlights

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HDHP with HSA PPO Annual Premium (monthly)You only / You +1 / You +2 or more(Know Your Numbers Participant)

$0 / $0 / $0 – NO COST TO YOU!($0 / $0 / $0)

Plan Summary

$960 / $2,592 / $3,660( $80 / $216 / $305)

Plan Summary

HSA Company Contribution $500 / $750 Not Available

Deductible*

Network / Non-Network

• $1,400 (you only)• $2,800 (other coverage levels)

* Includes medical & prescription drug costs

• $700 / $1,400 (you only) • $1,400 / $2,800 (other coverage levels)

* Includes only medical costs

Out-of-pocket Maximum*

Network / Non-Network

• $4,000 / $5,000 (you only)• $8,000 / $10,000 (other coverage levels)

* Includes medical & prescription drug costs

• $3,000 / $5,000 (you only)• $6,000 / $10,000 (other coverage levels)

* Includes only medical costs

Preventive Medical Care

No Deductible - (annual wellness exam, mammogram, etc.)

• Covered at 100% (network)• Covered at 100% up to $1,500 (non-network)

• Covered at 100% (network)• Covered at 100% up to $1,000 (non-network)

Physician Visits (non-preventive)

• 20% after deductible (network)• 40% after deductible (non-network)

• $25 copay primary care; $50 copay specialist (network)• 40% after deductible (non-network)

Surgery, Hospitalization, Emergency, etc.

20% after deductible (network)40% after deductible (non-network)

Prescription Drug Benefits

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HDHP PPO Preventive Prescription Drugs

No deductible for certain preventive prescription drugsNo cost up to $1,500 per person per yearThereafter, you pay 20% coinsurance up to the annual out-of-pocket maximum

No preventive prescription allowance

Other Prescription Drugs

You pay the full amount until you reach the deductible (combined with medical expenses)After deductible, you pay 20% coinsurance until you meet your annual out-of-pocket maximum (combined with medical expenses)After you reach your annual out-of-pocket maximum, the plan pays 100% for the rest of the calendar year

Retail – up to 30-day supply:Generics: $10 copayPreferred Brand: 40% coinsurance ($25 minimum and $125 maximum)Non-Preferred Brand: 50% coinsurance ($50 minimum and $250 maximum)

Mail – up to a 90-day supply:Generics: $20 copayPreferred Brand: 40% coinsurance ($50 minimum and $250 maximum)Non-Preferred Brand: 50% coinsurance ($100 minimum and $500 maximum)

*Your costs are not limited by an annual out-of-pocket maximum

What is an HSA?

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HSA – Health Savings Account• It’s a “Piggy bank” for health care expenses – now and in the future• Contributions to account made by ConocoPhillips and you• Interest bearing and investment opportunity• Balance carries over from year to year for you or your family’s

future use (not “use it or lose it”)• Can change the amount you contribute to the HSA at anytime during the year

Triple Tax Savings• Pre-Tax contributions• Tax-Free interest/investment earnings• Tax-Free distributions when use for qualified medical, dental or vision expenses

How do I get the money out of my account• Debit card• Checks

More Information• Chase HSA

Dental Option Highlights

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Preventive Dental Option CP Dental OptionAnnual Premium (monthly)You only / You +1 / You +2 or more

$0 / $0 / $0($0 / $0 / $0)

Plan Summary

$88.80 / $180.00 / $314.40($7.40 / $15.00 / $26.20)

Plan Summary

Deductible None • $50 Individual• $150 Family Maximum

Annual Maximum Coverage Per Person

• $2,000 • $2,000

Preventive Care• Oral Exams• Cleanings• X-rays

No deductible. Preventive Network services covered at 100%

Basic Services• Fillings• Routine Extractions• Anesthesia• Periodontics

Not Covered 20% after deductible

Major Services• Crowns/Dentures• Implants• Oral Surgery


Orthodontia Services$2,000 Lifetime Limit Per Person


Non-network benefits subject to reasonable and customary limits

Health Management & WellnessConocoPhillips has a long term strategy to: Increase awareness of health risks Help actively engage participants in maintaining or changing the status of

their health Hold participants accountable for the costs of their

decisions/behaviors

2012 – Know Your Numbers…do your part Employees hired after 5/1/2012 will automatically receive a $50 per

month credit towards 2013 medical premiums

2013 – Know Your Numbers…do your part and take action Engage in a variety of activities, tracked through Healthways, to earn

future and more incentives towards 2014 medical premiums

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The goal is early identification and treatment of preventable diseases so we have healthy and productive employees

Life InsuranceLife Insurance: Basic - One times annual pay; Company paid Supplemental - Up to eight times annual pay; employee paid Dependent – Two options

Occupational Accidental Death: Benefit of $500,000; Company paid

Accidental Death and Dismemberment (AD&D): Coverage of $20,000 to $1 million; employee paid Family coverage available; employee paid

Additional information at: Life Insurance

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Option Spouse Children

High $75,000 $25,000

Low $40,000 $15,000

Disability Short-Term Disability (STD or “sick time”): 52 weeks:

Up to 26 weeks at 100% pay (depending on credited service) Remaining weeks at 60% pay

Company paid

Long-Term Disability (LTD): Basic benefit – 50% of pay; nontaxable Enhanced benefit – 60% of pay; nontaxable Employee paid

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How to Enroll

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Step 1

Step 2

How to Enroll

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The Your Benefits Resources (YBR) website has:Modeling tools to help you make smart choices for your benefits Links to helpful resourcesInformation about costs of enrollment

Step 3

Cost Comparison Tool Available on YBR

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U.S. Benefits

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Health & Welfare

Other Benefit Plans



ConocoPhillips Savings PlanConocoPhillips offers a generous company match For every $1 you put in up to 1% of pay, the company will

contribute $9 Match will be deposited every pay period and will follow the employee’s contribution allocationImmediate eligibility/participation No auto-enrollment feature so employees need to enroll to

participateImmediate 100% vesting in company matchFor complete details, see the SPD at: Savings Plan

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How to EnrollIn order to participate you must enroll! Enrollment and investment options are administered by Vanguard Enroll early to take full advantage of the Company 9% match!

Online Logon through HR Express through www.vanguard.com and provide:

Your SSN If you do not have an SSN use your employee ID number preceded by 999

The ConocoPhillips Savings Plan number – 092538

Telephone Call 1-800-523-1188 If you have your PIN already, you may use the automated VOICE Network service

24/7 to enroll If you do not have a PIN, you may speak with a Vanguard associate weekdays

from 7:30 a.m. to 8 p.m. Central Time

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ConocoPhillips Retirement PlanConocoPhillips Cash Balance Account (CBA)Pay credits recognize both age and service (one “point” each

year of service plus age)– Under 44 points - 6% pay credit– 44 through 65 points - 7% pay credit– 66 or more points - 9% pay credit

Interest credits are based on 30-year Treasury rateCash Balance Account is 100% vested in 3 years

Participation in the retirement plan is automatic based on eligibility; no action is required on your partCompany paidEligible 1st of the month following hire dateFor complete details, see the SPD at: ConocoPhillips Cash Balance Account

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ConocoPhillips Retirement Plan – How your Account Grows

Example Birth year = 1987 (26 Age Points) Service year = 2013 (0 Service Points) Monthly salary = $3,000 Monthly pay credits = $180 (6% X $3,000) 30 year treasury rate = 4.72% (Monthly Equivalent 0.3851%)

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Month Int. Credit Pay Credit Total Value

July $0.00 $180.00 $180.00 $180.00

August $0.69 $180.00 $180.69 $360.69

September $1.39 $180.00 $181.39 $542.08

October $2.09 $180.00 $182.09 $724.17

ConocoPhillips Retirement Plan – Total Value at Retirement

Example: Cash Balance Account Assuming:

Age 25 start date Age 60 retirement date $36,000 starting salary 4% annual salary increase 7.5% annual target bonus (VCIP) 5% interest crediting rate

Estimated value of cash balance account at age 60 retirement - $458,000

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U.S. Benefits

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Health & Welfare

Other Benefit Plans



Time Off - Vacation

Years of Service

Eligible Days of Vacation

Maximum Vacation Limit

1 - 4 10 20

5 - 9 15 25

10 - 19 20 30

20 - 29 25 35

30 + 30 40

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After 90 days continuous service new employees are awarded vacation

Vacation in the first year of employment may be prorated based on hire date

Month of Hire

% of Full Vacation

Jan - Mar 100%

Apr - June 75%

Jul - Sept 50%

Oct - Dec 0%

19/30 ProgramRequirements Must work an extra 30 minutes each day (lunch period does not

qualify) 19/30 day cannot be split between days Cannot be carried over from month to month Scheduled like vacation with supervisor approval

Applies to regular full-time employees at sites that have adopted the programVoluntary participation, if it aligns with the work practices of the groupSupervisor approval requiredSee Time Off & Pay Policies for more details

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Additional Time Off Policies

HolidaysSerious Illness in Family Death in FamilyPersonal Leave/Sabbaticals Flexible core working hours Part-time regular work schedulesFamily Medical Leave (FMLA)Disability LeaveMilitary LeaveCommunity Service LeaveExcused Leave with Pay and Hardship Assistance

NOTE: Some policies may not be applicable to some sites. You should consult your HRBP for further details.

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Other Benefits and ProgramsFlexible Spending Accounts (FSA) Health Care Flexible Spending Account (maximum of $2,500) Dependent Day Care Flexible Spending Account (maximum of $5,000)

Long-Term Care (LTC) Benefits for convalescent facility or home health care Employee paid

Employee Assistance Plan (EAP) 5 face-to-face visits per family member / problem / year Work life programs Company paid

For more information: hr.conocophillips.com

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U.S. Benefits

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Health & Welfare

Other Benefit Plans



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Variable Cash Incentive Program (VCIP) Design VCIP

Annual Cash IncentiveMeasures performance versus company objectivesFocuses employee actions and behaviors toward a common goalTarget Payout Target percentage of base salary depending on Salary Grade Level Varies from country to country based on national survey market data

CorporatePerformance50%

Award Unit MetricsPerformance for Operating BU’s 50%

Executive Leadership

Teamassessment0-200% of

target

Contacts and ResourcesFor Information About: Resource How to Contact or Learn MoreEnrolling/changing health and welfare benefits during the year, including dependents; pension information

YBR or the Benefits Center

YBR through HR Express or directly at: http://resources.hewitt.com/conocophillips800-622-5501

HDHP and PPO benefits, claims, network providers and ID cards

Aetna 800-738-7674 or www.aetnanavigator.com

Aetna network health care providers Aetna http://www.aetna.com/docfind/custom/conocophillips/

Eyewear discount Aetna 800-793-8616 or www.aetnanavigator.com

Prescription drug benefits/orders Express Scripts/Medco 800-770-2810 or www.express-scripts.com

Health Savings Account (HSA) Chase 866-566-7101 Current Chase HSA Card Holder866-674-3223 Prospective Chase HSA Card Holderwww.jpmorgan.com/conocophillipshsa

EAP, mental health and substance abuse, work life programs

ValueOptions 866-241-4080 or www.achievesolutions.net/conocophillips

CP Dental and Preventive Dental benefits, claims, and network providers

MetLife 800-328-2166 or www.metlife.com/mybenefits

Savings Plan Vanguard 800-523-1188 or www.vanguard.comConocoPhillips Plan #092538

Flexible Spending Accounts (FSAs) Aetna 888-238-6226 or www.aetna.com/fsa

Life Insurance and Long-term disability (LTD) insurance

MetLife 800-243-8786

HR Policies ConocoPhillips hr.conocophillips.com – external websiteTime off and pay – internal website

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DisclaimerThis is a high-level overview of ConocoPhillips compensation and benefit plans, policies and programs, intended to serve as a general orientation for employees. If there are any discrepancies between this presentation and the official plan, policy or program documents, the terms of the official plan, policy or program documents will govern actual compensation and benefits. ConocoPhillips reserves the right to amend, modify or terminate any of the plans, policies or programs at any time with or without notice. The tax references contained in this document refer to tax laws in existence as of the date of this presentation.

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Documents

U.S. Benefits New Hire Orientation Effective January 1, 2013