EMMI ROTH USA 401(K) PLAN Contribution & Employer Match

EMMI ROTH USA 401(K) PLAN Average Participant Retirement Account Value

EMMI ROTH USA 401(K) PLAN Estimated Average Employee Contribution Amount

• Participating employees may make voluntary pre-tax and after-tax Roth contributions up to 90% of eligible compensation (deferral contributions), as defined in the Plan document, or the maximum amount defined by the Internal Revenue Service ($23,000 for the year ended December 31, 2024), whichever is less.
• Participants who have attained age 50 before the end of the plan year are eligible to make catch-up contributions of up to $7,500 in 2024.
• The deferral rates of all participants deferring between 1% and 15% of eligible compensation into the Plan are automatically increased by 1% annually until a maximum deferral rate of 15% is attained, unless a contrary election is made.
• All newly hired employees who achieve the eligibility requirements for participation in the Plan, as defined by the plan document, are automatically enrolled in the Plan at an initial pre-tax deferral rate of 3%.
• Employees who are automatically enrolled will be subject to the aforementioned automatic annual deferral rate increases.

• The Company makes matching contributions of 100% of the first 3% of eligible compensation and 50% of the next 2% of eligible compensation contributed by the participant.

• Participants are vested immediately in their deferral and rollover contributions and the Company’s matching contributions, plus actual earnings thereon.
• Participants who leave the Plan because of death, early or normal retirement, or disability retirement, as defined by the plan document, are considered 100% vested.
• Vesting in the Company’s discretionary profit-sharing contribution portion of their accounts is based on years of continuous service.
• A participant is 25% vested after two years of credited service and continues to vest in annual increments of 25% until 100% vested after five years of credited service.