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Facts on WWE Common sense would dictate you cant be in business for more than 30 years and attain

the level of global success that WWE has achieved if, in fact, you didnt treat your employees and performers extremely well. Re: WWE Layoffs Thirty years ago, WWE started with 12 employees. In 2009, we had approximately 600 employees when we reduced our staff by 10% due to one of the worst economic downturns in history. WWE has since grown to approximately 700 employees. Re: WWE Tax Credits WWE participates in the tax credit program that was designed to grow the film and television industry in Connecticut. WWE, like every other public company, has a duty to its shareholders to take advantage of approved tax credits, just like other movie and television producers based in CT such as ESPN/ABC and Comcast/NBC. The tax credits that were awarded to WWE in the past helped the company overcome the challenges of one of the worst economic downturns in history and continue to grow the workforce by almost 30% over the past three years. Re: WWE Treatment of Employees All 700 full-time WWE employees have always had health insurance as well as generous benefits provided by WWE. All WWE in-ring performers, Superstars, also have health insurance as a requirement of their contract with WWE. In addition, WWE pays for all medical treatment related to any in-ring related injuries and associated rehabilitation costs. Like professional golfers and tennis players or entertainers such as actors and singers, WWE performers are independent contractors and are personally responsible for acquiring their own health insurance. The average compensation for our main-roster fulltime Superstar is $250,000/year and no full-time performer makes less than $100,000 easily enabling them to afford health insurance. Re: Classification of WWE Workers WWE has not misclassified any of its workers. WWE has approximately 700 employees who perform full time work in our offices and have generous benefits. WWE talent, Superstars, are highly skilled professionals who perform and promote their appearances; unlike employees, they do not have any corporate responsibilities or duties, and thus for that reason they have always been independent contractors. The Unemployment Division of the Connecticut Department of Labor conducted an audit of WWE for years 2008 and 2009, which had nothing to do with worker classification. In fact, after the two year audit, WWE was assessed a total of $7,300, which was paid under protest, and WWE received no penalty or fine. WWE has never been asked to reclassify any of its workers and has always complied with the law.

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