BRAUN INTERTEC 401(K) RETIREMENT PLAN Contribution & Employer Match

BRAUN INTERTEC 401(K) RETIREMENT PLAN Average Participant Retirement Account Value

BRAUN INTERTEC 401(K) RETIREMENT PLAN Estimated Average Employee Contribution Amount

• Each year, participants may contribute up to 75 percent of pretax annual compensation, as defined by the Plan.
• Participants who have attained age 50 before the end of the Plan year are eligible to make catch-up contributions.
• The Plan includes an auto-enrollment provision whereby all newly eligible employees are automatically enrolled in the Plan unless they affirmatively elect not to participate in the Plan.
• Automatically enrolled participants have their deferral rate set at 3 percent of eligible compensation and their contributions invested in a designated balanced fund until changed by the participant.
• Deferral rates automatically increase on an annual basis by 1 percent up to a maximum of 6 percent of eligible compensation, unless elected otherwise by the participant.

• The Company contributes a discretionary match contribution equal to 33 percent of the first 6 percent of eligible compensation that a participant contributes to the Plan.

• Vesting in the Company’s discretionary matching contribution and discretionary profit sharing contribution portions of their accounts is based on years of continuous service.
• A participant is 25 percent vested after one year of service and 100 percent vested after two years of service in the Company discretionary matching contributions.
• A participant is 100 percent vested after four years of credited service in the discretionary profit sharing contributions.