Page 401 - DCAC Feb 2026 Files

Docusign Envelope ID: 85996917-6BEE-4FAB-81B1-158917754832

The Committee will establish a default fund to allocate contributions to the Plan when a participant fails to make
an investment selection for participant contributions or employer contributions, or for when a participant is
automatically enrolled in the Plan, or for any other reason for which a default fund may be necessary. The
default fund may be a single fund or a series of funds (e.g., a suite of target date funds) as deemed appropriate
by the Committee. The default fund will be selected in a prudent fashion and may be a qualified default
investment alternative (“QDIA”) or a different investment option, depending upon the determination of the
Committee as to what is most appropriate for the Plan.

Details on the current investment lineup and benchmarks for the Plan are contained in the Plan’s regular
meeting materials.

B. Self-Directed Brokerage Accounts

The self-directed brokerage option is intended to give sophisticated, experienced and knowledgeable investors
access to additional investment options. The Plans, Committee, Investment Management Consultant and its
recordkeeper have no expressed or implied responsibility for the evaluation, selection and/or monitoring of the
investment options in any self-directed brokerage account program by the Plans, including no duty to supervise
or monitor the Participants' or Beneficiaries' investment experience in the self-directed brokerage account
program(s).

C. Performance Expectations

Over time, each active investment option's overall annualized total return should perform above their
benchmark and at or above the median of portfolios of similar style and passive options should track their
respective index. The Committee will continually monitor and review funds against this expectation.

D. Selection of Fund Managers and Options

The Committee, with the assistance of the Investment Management Consultant, will select appropriate fund
managers to manage Plan assets. The following minimum criteria must be met:

1. The fund options will be managed by a bank, insurance company, investment management company
or investment adviser as defined by the Registered Investment Advisers Act of 1940.

2. Historical quarterly performance numbers, calculated on a time-weighted basis based on a
composite of all fully discretionary accounts of similar investment style, will be utilized for
performance screening.

3. Performance evaluation reports that illustrate the risk/return profile of the manager relative to other
managers of like investment style will be utilized.

4. Detailed information on the history of the fund management firm, its key personnel, and associated
costs will be analyzed.

5. Each fund's investment strategy must be described, and successful adherence to that strategy over
time must be documented.
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