If you do not actively enroll in the Plan or elect to opt out of participating in the Plan within 60 days of hire:

• You will be automatically enrolled in the Plan at a contribution rate of 3%, deducted from your paycheck on a pretax basis;


• Automatic enrollment contributions will be invested in the Fidelity Freedom Commingled Pool Class D based on your target retirement date and assuming a retirement age of 65 as determined by the Plan Sponsor, until Fidelity receives further investment direction from you.

Target Date Funds are an asset mix of stocks, bonds and other investments that automatically becomes more conservative as the fund approaches its target retirement date and beyond. Principal invested is not guaranteed.

If you wish to make changes to the automatic enrollment process, you may do so by contacting Fidelity Investments who provides recordkeeping and/or administrative services for our 401(k) Plan. Log on to Fidelity NetBenefits^® at www.401k.com or call the Retirement Benefits Line at 1-800-835-5095. You should contact Fidelity if you would like to enroll in the Plan and start contributing sooner (than the 60 days), contribute a percentage to the Plan other than 3%, have your contributions invested in different investment option(s) other than the Fidelity Freedom Commingled Pool Class D, or if you choose to decline participation in the Plan entirely and opt out of the automatic enrollment process.

An additional reminder notice with information regarding this process will be sent to your home prior to you being automatically enrolled in the Plan.

Through automatic payroll deductions, you may contribute between 1% and 75% of your eligible compensation as pretax and Roth contributions. You may also contribute between 1% and 10% of your after-tax compensation. Combined, your total contribution cannot exceed 75% of your eligible compensation. Sign up online by accessing the “Contribution Amount” section under “Quick Links” on NetBenefits^®, or by calling the Retirement Benefits Line at 1-800-835-5095.

In addition, you can automatically increase your retirement savings plan contributions each year through the Annual Increase Program. This program increases your contributions 1% annually, to help to ensure continued progress toward meeting your future goals. You can opt out of the Annual Increase Program at any time online, or by calling the Retirement Benefits Line at 1-800-835-5095.

A Roth contribution to your retirement savings plan allows you to make after-tax contributions and take any associated earnings completely tax free at retirement - as long as the distribution is a qualified one. A qualified distribution, in this case, is one that is taken at least five tax years after your first Roth 401(k) contribution and after you have attained age 59½, or become disabled or die.

Find more information online within the "Plan & Learn" drop down and "Learn" section of NetBenefits^®.

If you have reached age 50 or will reach 50 during the calendar year January 1 – December 31 and are making the maximum plan or IRS contribution, you may make an additional catch-up contribution each pay period. The maximum annual catch-up contribution is $7,500. Going forward, catch-up contribution limits will be subject to cost-of-living adjustments (COLAs) in $500 increments.

Starting in 2025, the SECURE 2.0 Act increases the limit for you if you have attained age 60, 61, 62, or 63 in a given calendar year. The limit for 2025 is $11,250.

The IRS contribution limit for 2025 is $23,500.

Participating in the Plan may make you eligible for an employer match.

The Company will match 50% of each pretax and/or Roth dollar you contribute on the first 6% of pay that you defer to your plan.

You are always 100% vested in your own contributions to the Retirement Savings Plan, as well as any earnings on them. You are 100% vested in your Barnes Group Inc.’s matching contributions and any earnings after 2 years of continuous employment.

To help you meet your investment goals, the Plan offers you a range of options. You can select a mix of investment options that best suits your goals, time horizon, and risk tolerance. The many investment options available through the Plan include conservative, moderately conservative, and aggressive funds. A complete description of the Plan’s investment options and their performance, as well as planning tools to help you choose an appropriate mix, are available online.

We encourage you to take an active role in the Retirement Savings Plan and choose investment options that best suit your goals, time horizon, and risk tolerance. If you do not select specific investment options in the Plan, your contributions will be invested in the Fidelity Freedom Commingled Pool Class D with the target retirement date closest to the year you might retire, based on your current age and assuming a retirement age of 65, at the direction of Barnes Group Inc.

If no date of birth or an invalid date of birth is on file at Fidelity, your contributions may be invested in the Fidelity Freedom Income Commingled Pool Class D. More information about the Fidelity Freedom Commingled Pool Class D options can be found online.

Target Date Funds are an asset mix of stocks, bonds and other investments that automatically becomes more conservative as the fund approaches its target retirement date and beyond. Principal invested is not guaranteed.

Although the Retirement Savings Plan account is intended for the future, you may borrow from your account for any reason. Generally, the Retirement Savings Plan allows you to borrow up to 50% of your vested account balance. The minimum loan amount is $1,000, and a loan must not exceed $50,000. You then pay the money back into your account, plus interest, through after-tax payroll deductions. Any outstanding loan balances over the previous 12 months may reduce the amount you have available to borrow. You may have three loans outstanding at a time. The cost to initiate a loan is $75. The initiation fee will be deducted directly from your individual plan account. If you fail to repay your loan (based on the original terms of the loan), it will be considered in "default" and treated as a distribution, making it subject to income tax and possibly to a 10% early withdrawal penalty. Defaulted loans may also impact your eligibility to request additional loans. Be sure you understand the Plan guidelines and impact of taking a loan before you initiate a loan from your plan account.

Learn more about and/or request a loan online, or by calling the Retirement Benefits Line at 1-800-835-5095.

Withdrawals from the Plan are generally permitted when you terminate your employment, retire, reach age 59½, become permanently disabled, or have severe financial hardship as defined by your plan. Keep in mind that withdrawals are subject to income taxes and possibly to early withdrawal penalties.

The taxable portion of your withdrawal that is eligible for rollover into an individual retirement account (IRA) or another employer's retirement plan is subject to 20% mandatory federal income tax withholding, unless it is rolled directly over to an IRA or another employer plan. (You may owe more or less when you file your income taxes.) If you are under age 59½, the taxable portion of your withdrawal is also subject to a 10% early withdrawal penalty, unless you qualify for an exception to this rule.

When you leave Barnes Group Inc, you can withdraw contributions and any associated earnings or, if your vested account balance is greater than $7,000, you can leave contributions and any associated earnings in the Plan. After you leave Barnes Group Inc, if your vested account balance is equal to or less than $1,000, it will automatically be distributed to you. However, if your vested account balance is greater than $1,000, but not more than $7,000, you may be notified that your entire vested account balance will be transferred to an Individual Retirement Account (Rollover IRA), unless you request either a cash distribution and/or a rollover distribution.

Learn more about and/or request a withdrawal online, or by calling the Retirement Benefits Line at 1-800-835-5095.

The Plan Document and current tax laws and regulations will govern in case of a discrepancy. Be sure you understand the tax consequences and your plan's rules for distributions before you initiate a distribution. You may want to consult your tax adviser about your situation.

You are permitted to roll over eligible pretax, after-tax and Roth contributions from another 401(k) plan or Roth 401(k) plan account or eligible pretax contributions from another a conduit individual retirement account (IRA). A conduit IRA is one that contains only money rolled over from an employer sponsored retirement plan that has not been mixed with regular IRA contributions. The Plan will also accept eligible distributions from a SIMPLE IRA.

Additional information can be obtained online, or by calling the Retirement Benefits Line at 1-800-835-5095.

You should consult your tax adviser and carefully consider the impact of making a rollover contribution to your employer's plan because it could affect your eligibility for future special tax treatments

Be sure to consider all your available options and the applicable fees and features of each before moving your retirement assets.

The process to select beneficiaries is online, convenient and takes just minutes. Designate your beneficiaries today with the Online Beneficiaries Service, available through Fidelity NetBenefits^®.

With a single logon to NetBenefits^®, you can:

• Designate and update beneficiaries for your plan and receive instant online confirmation.
• Track status from "pending" to "complete" when spousal consent is necessary. You can also obtain consent forms online.
• Check beneficiary designations for virtually all your Fidelity plans on a single web page.

Log on to NetBenefits^® at www.401k.com and click on the Beneficiaries link in the "My Profile" section.

• Step 1: Identify your beneficiaries
  
• Step 2: Provide allocations
  
• Step 3: Receive confirmation

If you choose not to elect your beneficiary online, the most recent beneficiary designation form on file will apply. If Barnes Group Inc or Fidelity Investments do not have a designation on file upon your death, your account balances will be paid to select beneficiaries based on the Barnes Group Inc. Retirement Savings Plan Document. In the future, if you choose to start contributions in the Retirement Savings Plan, you will be asked to record a designation of beneficiary using the online service.

Learn about loans, exchanges, and more online. In particular, you can access loan modeling tools that illustrate the potential impact of a loan on the long-term growth of your account. You will also find a withdrawal modeling tool, which shows the amount of federal income taxes and early withdrawal penalties you might pay, along with the amount of earnings you could potentially lose by taking a withdrawal. Additional information can be obtained by calling the Retirement Benefits Line at 1-800-835-5095.

Please consult your Summary Plan Description (SPD) for full information about the Plan.