CRAMER PRODUCTION EMPLOYEE’S 401(K) PLAN Contribution & Employer Match

CRAMER PRODUCTION EMPLOYEE’S 401(K) PLAN Average Participant Retirement Account Value

CRAMER PRODUCTION EMPLOYEE’S 401(K) PLAN Estimated Average Employee Contribution Amount

• Each calendar year, participants may contribute up to 60 percent of their pretax annual compensation, as defined in the plan document, up to the maximum limits of the Internal Revenue Code (IRC), 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 automatic 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 6 percent of eligible compensation and their contributions invested in a designated balanced fund until changed by the participant.
• Automatically enrolled participants will have their deferral rate increase by 1 percent on the anniversary of their enrollment date until their deferral rate reaches 10 percent.

• For the year ended December 31, 2024, the Company matched participant contributions in an amount equal to 50 percent of the participant contributions to the Plan, up to 4 percent of plan compensation contributed to the Plan as pretax or Roth contributions.
• An additional discretionary profit sharing amount may be contributed at the option of the Company’s board of directors.
• For the year ended December 31, 2024, no discretionary profit sharing contribution was made to the Plan.

• Vesting schedule: A participant is 50 percent vested after 2 years of credited service and continues to vest in increments of 50 percent until 100 percent vested after 3 years of credited service.