Management Share Ownership Policy

We have a share ownership policy for management (“Policy”) that applies to our executive officers (the “Officers”). The Policy is designed to encourage the Officers to acquire and maintain a meaningful level of common stock ownership in the Company over time. The common stock ownership requirement for Officers of the Company is based on a multiple of the Officer’s annual base salary (the “Base Salary”). The common stock ownership requirement will be deemed to have been met when the total net realizable share value held by an Officer exceeds (1) the lesser of 25% of the total pretax equity award value realized by the Officer from the time the Officer becomes subject to the Policy to date in excess of $100,000, or (2) a specified multiple of the Officer’s Base Salary. Until an Officer has achieved his or her applicable ownership requirement, such Officer will be subject to a share retention requirement as further detailed in the Policy.

A copy of the DaVita Inc. Share Ownership Policy for Management in its entirety is available on this webpage.