Salaried Team Total Benefits Summary

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1 Salaried Team 2018 Total Benefits Summary

2 Compensation Gentex total compensation is engineered specifically for those of us wired with an ownership mentality mindset. Take a minute to study up it is innovative, effective and unlike any other you may have seen. Employees are granted stock options a powerful and unique ownership benefit. Every quarter we look at the books and share the profits. Want to invest in the future? The employee stock purchase program allows access to stock at a discount. The Gentex benefits plan is a flexible program that allows our employees to choose the benefits that best suit their lifestyle and financial needs. Innovation driving results, risk and reward and ownership mentality at its finest. It s alive and well at Gentex. Fixed Compensation Variable Compensation The benefits group in Human Resources carefully considers each component of the benefits package. Our goal is to provide incentives that keep you healthy and protect your finances if an unexpected emergency occurs. It s just one way we demonstrate Gentex s devotion to quality. SALARY Effective on your date of hire Generally the main compensation tool for most companies... but not at Gentex. RETIREMENT SAVINGS PLAN 401(K) Eligible after 60 days of service We offer a traditional 401k account or a Roth 401k account. Gentex matches employee 401k contributions at 100% of the first 3% of your compensation, and 50% of the next 2% of your compensation, for that year. The funds are 100% vested. PROFIT SHARING BONUS Effective on your date of hire A quarterly profit sharing bonus dependent on company earnings is shared with all employees for wages paid during the previous quarter. STOCK OPTIONS Can be exercised upon vesting This is an employee ownership benefit. As the stock grows, so does this element of compensation. Options vest over time and employees receive new grants annually. Vested stock options can be exercised at will by the employee. EMPLOYEE STOCK PURCHASE PLAN After one year of service Gentex stock can be purchased at 85% of fair market value through payroll deductions and/or lump sum contributions.

3 Medical Medical benefits are an important part of the Gentex total compensation plan. Our program is built around the idea that living a healthy lifestyle is the best way to reduce the high cost of medical care. Gentex leaders work to model this philosophy and the company has created a culture of wellness where healthy choices are available to our team members. Our organization partners with the medical community to set performance-based biometric goals for our team members and their spouses. When those are met, Gentex families enjoy a substantial reduction in weekly medical premiums. You will see these numbers reflected in our Right Stuff program, outlined on the next page. We offer five different coverage levels to meet the individual needs of you and your dependents. u Employee u Employee and spouse u Employee and child u Employee and children u Full family ELIGIBILITY Employees become eligible for the Gentex benefits plans on their date of hire. After making initial elections, team members have the opportunity to change those elections each year during open enrollment. SPOUSAL ELIGIBILITY If your spouse works full-time time and is eligible for medical coverage through his or her employer, they will not be eligible for medical and prescription drug coverage under the Gentex Corporation Employee Welfare Benefits Plan. DEPENDENT CHILDREN ELIGIBILITY Any eligible dependents by birth, legal adoption or guardianship are eligible for coverage until the end of the month during which the child attains age 26. DECLINING GENTEX MEDICAL INSURANCE The Affordable Healthcare Act requires U.S. citizens to have medical coverage. However, if you have qualifying medical coverage through a spouse or parent, Gentex will provide you a $9.62 credit each week in your paycheck to help subsidize your other medical coverage. Learn more about all of our medical plans and information by visiting the Gentex benefits website, benefits.gentex.com. The Right Stuff Gentex Corporation rewards employees and their covered spouses who are enrolled in the Gentex health plan and who are actively working toward managing or improving their personal health. If you join Gentex in 2018 you will have an opportunity to earn pro-rated credits. Watch for the 2018 Right Stuff forms to save money on medical insurance premiums. Employee Spouse Credit Routine Physical $200 $200 Hit Your Numbers BMI < 30 $75 $75 Blood Pressure < 140/90 $75 $75 LDL Cholesterol < 160 $75 $75 Glucose < 126 $75 $75 Non-Tobacco User $360 $360 Online Health Assessment $75 N/A Total Potential Savings $935 $860 Reimbursement Account HEALTH CARE For employees enrolled in Plan 1, Plan 2 or another qualifying plan, members can spend pre-tax dollars on health care costs like copays, deductibles and prescriptions. Gentex uses federally mandated guidelines for allowable expenses for this account. You may deposit up to $2,650 per year for your family s needs. LIMITED HEALTH CARE For employees enrolled in Plan 3, members will be allowed to set aside pre-tax dollars (in addition to your Health Savings bank account) for dental and vision out-ofpocket expenses. You may deposit up to $2,650 per year for your family s needs. DEPENDENT CARE This flexible spending account is available regardless of medical coverage and is funded by weekly payroll deductions. Pre-tax dollars can be used to pay expenses for your legal dependents who use licensed day care facilities. You may deposit up to $5,000 per year for your family s needs. On-site Clinic Gentex works with local providers to bring discounted, easily accessible health services to our team members. The clinic is for non-work related health concerns, regardless of the Gentex medical plan that you have. Health Saving Bank Account For employees enrolled in Plan 3, members can set aside funds tax-free to use for any health qualified expenses, including but not limited to, medical, vision, dental out-of-pocket expenses including orthodontia, co-insurance and prescription drugs. Unused balance in the account rolls over tax-free from year to year and can be used even if you elect a non-qualifying high deductible plan in the future. Gentex will match employee HSA contributions for those who contribute $9.62 or more per week to a max of $125 every quarter.

4 Medical Benefit Summary Benefits Plan 1: $500 Deductible POS Plan 2: $1,000 Deductible POS Plan 3: The Gentex Health Savings Account In-Network Out-of-Network In-Network Out-of-Network In-Network Out-of-Network CALENDAR YEAR DEDUCTIBLE $500 single $1,000 per family $2,000 per family $2,000 per family $2,000 single $4,000 per family $1,500 single $3,000 (2) or more members $3,000 single $6,000 (2) or more members Member deductible applies to any (1) member enrolled. All family members contribute to the family deductible in aggregate. Member deductible applies to any (1) member enrolled. All family members contribute to the family deductible in aggregate. Single deductible and out-of-pocket (OOP) max applies to employee only contracts. If there are 2 or more people enrolled in the High Deductible Plan, the single deductible and OOP max does not apply. All family members will contribute to the family deductible and OOP max in aggregate. COINSURANCE (Paid by employee) 20% 30% 20% 30% 20% 40% COINSURANCE MAXIMUM $1,250 single $2,500 per family $1,500 single $3,000 per family $1,500 single $3,000 per family $2,000 single $4,000 per family $2,000 (2) or more members $2,000 (2) or more members WEEKLY PREMIUM (With Right Stuff credits) Single $27 Employee + Spouse/Child $54 Employee + Family $78 Single $14 Employee + Spouse/Child $27 Employee + Family $39 Single $9 Employee + Spouse/Child $18 Employee + Family $25 MAX OUT-OF-POCKET LIMIT (Includes coinsurance, deductible and copays) $6,000 single $12,000 per family $6,000 single $12,000 per family $2,500 single $5,000 (2) or more members $4,000 single $8,000 (2) or more members LIFETIME MAX Office Visit Copays LAKESHORE HEALTH PARTNERS PRINCIPLE HEALTH PRIORITY HEALTH OUT-OF- NETWORK IN-NETWORK OUT-OF-NETWORK On-site Clinic $0 $0 $0 N/A $22 N/A Primary Care Physician $10 copay $20 copay $25 copay 30% after deductible 20% after deductible 40% after deductible Specialist $20 copay $30 copay $35 copay 30% after deductible 20% after deductible 40% after deductible Preventive Care No charge No charge No charge 30% after deductible No charge 40% after deductible Urgent Care $20 copay $30 copay $35 copay 30% after deductible 20% after deductible 40% after deductible EMERGENCY ROOM 20% after in-network deductible 20% after in-network deductible AMBULANCE 20% after in-network deductible 20% after in-network deductible DIAGNOSTIC PROCEDURES Lab and X-Ray 20% after deductible 20% after deductible 20% after deductible 30% after deductible 20% after deductible 40% after deductible Mammogram Diagnostic: 20% after deductible Diagnostic: 20% after deductible Diagnostic: 20% after deductible 30% after deductible Diagnostic: 20% after deductible 40% after deductible MENTAL HEALTH AND SUBSTANCE ABUSE Inpatient: 20% after deductible Outpatient: office copay will apply Inpatient: 20% after deductible Outpatient: office copay will apply Inpatient: 20% after deductible Outpatient: office copay will apply 30% after deductible 20% after deductible 40% after deductible Prescription Drugs SPARTAN STORE PHARMACY NON-SPARTAN PHARMACY SPARTAN STORE PHARMACY NON-SPARTAN PHARMACY Days Retail 1-34 Retail Retail 1-34 *Mail Retail 1-34 Retail Retail 1-34 **Mail Generic drugs (copays) $10 $20 $20 $20 $10 after deductible $20 after deductible $20 after deductible $20 after deductible $4/$10 generics (copays) $0 $0 $4 N/A $4 $10 $4 if available N/A Formulary brand drugs (copays) $25 $50 $50 $50 $25 after deductible $50 after deductible $50 after deductible $50 after deductible Non-formulary brand drugs (copays) $50 $100 $75 $100 $50 after deductible $100 after deductible $75 after deductible $100 after deductible Specialty Prescription Drugs Diplomat: 20% up to a maximum of $75 copay per prescription Diplomat: 20% up to a maximum of $75 copay per prescription after deductible *Mail order through Express Scripts **Mail order through Express Scripts

5 Life Insurance EMPLOYEE This insurance pays a benefit to your named beneficiaries upon your death. Because your participation is required, Gentex pays the insurance premium for coverage in the amount of your base salary. Additional coverage is optional and available in increments of your annual base salary. If you experience an accidental dismemberment, a portion of this benefit may be paid to help support your rehabilitation. Voluntary Short-Term Disability Voluntary Short-Term Disability Insurance offers temporary income replacement in the event you are ill or injured outside of the workplace. This coverage is voluntary, which means you pay 100% of the premiums which can be conveniently paid through payroll deduction on an after-tax basis. Please note there is a seven day elimination period and the maximum benefit duration is 12 weeks. Pre-existing conditions apply for this coverage. Required Your Weekly Cost Tenure Coverage 1x base salary $0 Optional Additional 1x base salary Additional 2x base salary Additional 3x base salary Based on age and salary Based on age and salary Based on age and salary DEPENDENT This optional program gives you a cost-effective way to purchase term life insurance for your legal spouse and dependents. To qualify for dependent (spouse and/or child) life insurance, you must elect voluntary life insurance for yourself and it cannot be higher than the value you elect for yourself. Voluntary Spouse Life Insurance Voluntary Child(ren) Life Insurance Elect coverage in $5,000 increments Elect coverage in $2,500 increments Able to elect up to 100% of employee voluntary life election Maximum coverage level: $25, years Provide you with 50% of your weekly earnings to a maximum benefit of $1,000 per week 5+ years Provided by Gentex through short-term income protection program Voluntary Accident Insurance Accident coverage can pay you a lump sum benefit in the instance an accidental off-the-job injury occurs, such as hospitalizations, emergency treatment, intensive care, and more. Benefits are paid directly to you. Voluntary Critical Illness Insurance Critical Illness coverage can pay you a lump sum benefit in the instance of a serious illness such as a stroke, heart attack, or a complete loss of hearing. Maximum coverage level: $50,000 Age limit for coverage is 26 Age limit for coverage is 80 Long-Term Disability This insurance provides 60% of your weekly base salary up to $8,000 in the case of a medical disability. The benefit becomes payable on the 91st day of continuous disability. Voluntary Hospital Indemnity A supplemental insurance plan that pays a lump sum benefit for hospital confinements over 24 hours. It can be used however you choose for the expenses health insurance does not cover, such as a deductible or copay. This insurance is guaranteed issue even if you have a known illness or planned hospital stay. Required Your Cost 60% of pay to $8,000/month $0

6 Dental Routine dental care is as important to your overall health as your annual physical. Gentex offers a comprehensive dental plan through Delta Dental. Highlighted features and weekly premiums are: Single Two-Person Family $3.66 $7.31 $12.06 u Preventative services covered at 100% u Basic services covered at 80% u Major and Orthodontia services covered at 50% For more information on participating providers, please visit Vision You have the opportunity to purchase one of two vision plans for you and your dependents on a pre-tax basis. Highlighted features and weekly premiums are listed below. For more information on participating providers, please visit u u u $10 copay for Well Vision exam with both the basic and premier plans $130 allowance for frames or contacts under Basic Plan and $150 under Premier Plan Progressive lenses covered under Premier Plan Single Two-Person Family Basic $1.29 $2.58 $4.16 Premier $2.89 $5.78 $9.31 Professional Development GENTEX CONNECTS An introduction to the products, processes and people that distinguish Gentex. LEADERSHIP TRAINING Gentex Training will work with you and your manager to find the tools that best suit your personal development needs. TECHNICAL TRAINING Gentex leaders teach the Toyota Production System hands-on production skills. Other technical courses like PLC programming, CATIA and Minitab are delivered in the Center for Learning and Development. EDUCATIONAL ASSISTANCE We offer 100% reimbursement up to $5,250/year for courses plus cost of books related to professional development with a B- grade or better. Additional Benefits ADOPTION ASSISTANCE After 90 days of employment Gentex reimburses 80% of qualified adoption expenses up to a maximum of $4,000. This does not include adoption of a spouse s biological child. BEREAVEMENT PAY Effective on your date of hire Up to three days for immediate family members; up to one day for other family. CAREER DEVELOPMENT Effective on your date of hire Eligible for internal job opportunities and promotions within period of posting. COMPANY PRODUCT DISCOUNT Effective on your date of hire Mirrors and fire protection products available for employee purchase. CONCUR TRAVEL & EXPENSE Effective on your date of hire Automated expense report filing and a booking tool to assist with making business travel reservations. FAMILY MEDICAL LEAVE ACT (FMLA) After one year or 1,250 hours worked Unpaid leave to care for you or your family. HOLIDAYS Effective on your date of hire 10 paid holidays including: New Year s Day Labor Day Good Friday Thanksgiving Memorial Day Thanksgiving floater Independence Day Christmas floater Summer floater Christmas Day INTERNATIONAL SOS/CIGNA Effective on your date of hire Provides medical assistance, international healthcare and security services, protecting our employees when traveling across the globe. LEAVE OF ABSENCE Effective on your date of hire Medical and disability leaves for the employee. SHORT-TERM INCOME PROTECTION Effective on your date of hire When a health issue prevents an employee s ability to work, Gentex supplements earnings on a defined schedule. SERVICE AWARD In increments of five years Company gift. VACATION Accrues by anniversary date 0 5 years 3 weeks 5+ years 4 weeks WELLNESS CENTER (Gentex employees only) Effective on your date of hire State-of-the-art cardiovascular and strength machines, locker room facilities and free on-site group exercise programs.

7 us your questions Visit our benefits website benefits.gentex.com 600 N. Centennial Street, Zeeland, MI