ALKU 401(K) PLAN Contribution & Employer Match

ALKU 401(K) PLAN Average Participant Retirement Account Value

ALKU 401(K) PLAN Estimated Average Employee Contribution Amount

• Each year, participants may contribute up to 100% of their annual compensation, as defined by the plan document, on a pre-tax or post-tax (Roth) basis.
• Participants who are at least age 50 or who will attain age 50 on or before December 31 of the plan year are eligible to make catch-up contributions.

• At its discretion, the Company may elect to make matching contributions equal to a percentage of eligible participant deferrals or a total dollar amount allocated to participants based on their respective eligible participant deferrals in proportion to total eligible participant deferrals.

• Vesting schedule (Effective Prior to January 1, 2022): Less than one year: 0% Less than two years and more than one year: 25% Less than three years and more than two years: 50% Less than four years and more than three years: 75% Less than five years and more than four years: 100% Vesting schedule (Effective January 1, 2022): Less than one year: 0% Less than two years and more than one year: 0% Less than three years and more than two years: 20% Less than four years and more than three years: 40% Less than five years and more than four years: 60% Less than six years and more than five years: 80% Six years or more: 100% Participants become fully vested immediately upon death, disability, or normal retirement, as defined by the plan document.