American Software, Inc.

Climate Impact & Sustainability Data (2017, 2018, 2021)

Weakness in European economies may adversely affect demand for our products and services.
Increased competition has resulted and in the future could result in price reductions, lower gross margins, longer sales cycles and loss of market share.
Concerns that our products do not adequately protect the privacy of consumers could inhibit sales of our products.
Maintaining the security of computers and computer networks is an issue of critical importance for our customers.

We maintain general liability insurance coverage, including coverage for errors or omissions.
We have included security features in certain of our Internet browser-enabled products that are intended to protect the privacy and integrity of customer data.
Some of our software applications use encryption technology to provide the security necessary to affect the secure exchange of valuable and confidential information.

Weakness in European economies may adversely affect demand for our products and services.
Increased competition has resulted and in the future could result in price reductions, lower gross margins, longer sales cycles and loss of market share.
Concerns that our products do not adequately protect the privacy of consumers could inhibit sales of our products.
Maintaining the security of computers and computer networks is an issue of critical importance for our customers.

We maintain general liability insurance coverage, including coverage for errors or omissions.
We have included security features in certain of our Internet browser-enabled products that are intended to protect the privacy and integrity of customer data.
Some of our software applications use encryption technology to provide the security necessary to affect the secure exchange of valuable and confidential information.

Expanded partnership with Microsoft, a carbon-neutral company since 2012, committed to being carbon negative by 2030 and carbon-free by 2050. Microsoft Azure, our primary hosting partner, is committed to 100% renewable energy by 2025, water positive by 2030, zero-waste certification by 2030, and net-zero deforestation for all new data centers.
Third parties perform secure destruction of media using environmentally friendly waste-to-energy incineration or e-Stewards® certified recycling.

Community imPACT initiative focusing on combating food insecurity and encouraging employee volunteering with up to 16 hours of paid time off annually.
Flexible approach to help employees manage work and personal responsibilities during the COVID-19 pandemic, providing health and wellness resources.

Established policies to comply with applicable privacy and data protection laws, including GDPR and CCPA.
Software Security Program managed by Cybersecurity Manager, including annual vendor and internal risk assessments, security awareness training, and SOC 2 Type II examination.

Transitioned to primarily virtual work.
Investing in direct and indirect sales channels and strategic relationships.
Maintaining sufficient reserves to cover anticipated customer bankruptcies.
Implementing security features and data encryption.
Succession planning and efforts to attract and retain highly qualified personnel.
Improving operational, financial, and management controls.