Transition FAQs. This document will help you understand what s changing with the Bass Pro Group, LLC 401(k) Plan.

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1 Bass Pro Group, LLC 40(k) Plan Transition FAQs This document will help you understand what s changing with the Bass Pro Group, LLC 40(k) Plan. What s happening? The Bass Pro, LLC 40(k) Plan and the Cabela s Inc. 40(k) Savings Plan are merging at the end of December. What are the key changes that will result from this merger? The Plan s fund options are changing, and some provisions are being streamlined. In addition, Voya Institutional Plan Services, LLC, a member of the Voya Financial family of companies, is the Plan recordkeeper beginning January 209. We will discuss each of these key changes in a moment. What is the purpose of this document? It s meant to answer some of the most important questions you may have about your Plan and what s coming, so you know what to expect. Where can I find more detailed information? To learn more, you can refer to the Transition Newsletter you received in the mail. The newsletter has also been posted to BassProBenefits.com. If you have further questions about the transition or your new Plan, the new phone lines are open at Voya for general inquiries. Customer Service Associates are available from 8 am to 9 pm, Eastern Time (ET), Monday to Friday, excluding stock market holidays. Bass Pro 40(k) Line: (833-BPRO40) Hearing Impaired: Do I need to do anything? For most participants, no action is required. Your balance, contribution rate and investment elections will transfer to Voya based on the mapping schedule on page 6 of the Transition Newsletter. However, if you have elected catch-up contributions or automatic account rebalancing, you will need to take action. We ll explain how a little further on in this document. Who is Voya? Voya is a premier retirement, investment and insurance company, servicing the financial needs of approximately 4.3 million individual and institutional customers in the U.S. You may know Voya from the Orange Money TV commercials. Bass Pro selected Voya as our 40(k) provider after an extensive review of the top 40(k) administrators in the marketplace. Top-five retirement plan provider based on number of plans, participants. $543 billion of assets under management and administration as of September 30, 208. Pensions & Investments Defined Contribution Record Keepers Survey, April 208 (based on data as of 9/30/207)

2 Bass Pro, LLC 40(k) Plan What s NOT changing in the Plan? Will I still receive a Company match? Yes. Once you complete one year of service, Bass Pro will continue to provide a Safe Harbor Company match of 00% up to 4% of your Plan contributions. In other words, if you contribute 4%, the Company will add another 4% to your account. And you will continue to own this matching contribution right away. Can I still choose to make either before-tax or Roth 40(k) after-tax contributions? Yes. Both contribution types will still be available. Will I still have the same beneficiary? Yes. Your beneficiary elections will automatically transfer to Voya. It is always a good idea to periodically check your beneficiaries to make sure they are correct and up to date, particularly if you have recently married, divorced, or had children. Once the transition is complete, you may change your beneficiaries online at any time. What other Plan benefits will remain the same? Most of them, including: Eligibility to participate in the Plan Vesting schedules Loans Withdrawals edelivery Overall, it s important to remember that your account will continue to belong to you including any vested company contributions and related earnings. Your contributions will continue as you have elected, and you will continue to receive contributions from Bass Pro under the terms of the Plan. What s NEW in the Plan? I am 50 or older and have elected catch-up contributions. What do I need to do? There is a new process for catch-up contributions, so you will need to change your deferral election once the Plan is live at Voya. Under the new Plan, a separate catch-up election is not required. Instead, once you reach the annual IRS regular contribution limit, your contributions will automatically spill over to catch-up contributions. For example, since the 209 IRS contribution limit is $9,000 and the catch-up limit is $6,000, you will need to set your deferral amount high enough to reach a total Plan contribution between $9,000 and $25,000 in order to continue your catch-up contributions. I have elected automatic account rebalancing. What do I need to do? Due to the changes in the Plan s investment options, your automatic rebalancing election will not transfer over to Voya. Once the transition is complete, you should access your Plan account with Voya to re-establish this feature. 2

3 Bass Pro, LLC 40(k) Plan Plan Investments What are my new fund options? You can choose from a range of Core Funds, and/or the Target Date Funds, in any combination of your choice. What are the Core Funds? These are funds you can choose to create your own investment mix. The Passively Managed options are low-cost Index Funds that simply seek to match the performance of a particular category of investments. The Actively Managed options are managed by investment professionals who seek to outperform market benchmarks in their categories. PASSIVELY MANAGED CORE FUND OPTIONS State Street S&P 500 Index Fund Class K State Street U.S. Bond Index Fund Class K State Street Russell Small/Mid Cap Index Fund Class K State Street Global All Cap Equity Ex U.S. Index Fund Class K ACTIVELY MANAGED CORE FUND OPTIONS Stable Value Fund Mercer Diversified Bond Fund Mercer Large Cap Stock Fund Mercer Small/Mid Cap Stock Fund Mercer International Stock Fund State Street Real Asset Fund Class C What are the Target Date Funds? Target Date Funds are designed to simplify your investment decisions by providing an age-appropriate investment option. The investing theory behind the Target Date Funds recommends that you select a single Target Date Fund with the date closest to your planned retirement date (generally age 65) to get a diversified mix of investments appropriate for your age. The birth dates, shown in the chart at right, will give you a good idea of which Target Date Fund is most appropriate for you. Birth Date Range Target Date Fund 942 and earlier MercerWise Income MercerWise MercerWise MercerWise MercerWise MercerWise MercerWise MercerWise MercerWise MercerWise MercerWise MercerWise and later MercerWise

4 Bass Pro, LLC 40(k) Plan What should I know about fund mapping? Since the mapping will happen automatically, no action is required. However, you should take a look at your account and how it will be invested in the new funds. If you decide to make any changes, you can do so before the transition begins or after the transition is complete. How will my existing balances map to the new fund lineup? This chart shows how balances in your current funds will be mapped to the new funds. Assets in any existing fund in the left column will automatically transfer to the new fund in the right column. Existing Fund Guaranteed Interest Account 5 year Principal Stable Value Fund Mapping to New Fund Stable Value Fund Stable Value Fund PGIM Total Return Bond Fund Mercer Diversified Bond Fund Vanguard Intermediate-Term Bond Index Admiral Fund State Street U.S. Bond Index Fund Class K MFS Value R6 Fund Mercer Large Cap Stock Fund American Century Disciplined Growth I Fund Mercer Large Cap Stock Fund Principal LargeCap S&P 500 Index Vanguard Total International Stock Index Admiral Fund American Century Small Cap Value R6 Fund State Street S&P 500 Index Fund Class K State Street Global All Cap Equity Ex U.S Mercer Small/Mid Cap Stock Fund Eagle Small Cap Growth R6 Fund Mercer Small/Mid Cap Stock Fund Victory Sycamore Established Value R6 Fund Mercer Small/Mid Cap Stock Fund T. Rowe Price Mid-Cap Growth I Fund Mercer Small/Mid Cap Stock Fund Principal MidCap S&P 400 Index Principal SmallCap S&P 600 Index State Street Russell Small/Mid Cap Index Fund Class K State Street Russell Small/Mid Cap Index Fund Class K Principal Diversified International Mercer International Stock Fund Causeway Emerging Markets Investor Fund Mercer International Stock Fund Principal LifeTime Strategic Income and MercerWise Income Fund and Target Date M Important notices: References to Mercer shall be construed to include Mercer LLC and/or its associated companies. 205 Mercer LLC. All rights reserved. 4

5 Bass Pro, LLC 40(k) Plan Understanding the Transition How will the transition process work? In order to transfer accounts to Voya, a blackout period is required. During this period, access to your account will be restricted; you will be unable to make changes to your contributions or your investments, or request loans or distributions. The blackout period will start at 4 pm, ET, December 8, 208 and end the week of January 4, 209. What are the key transition dates I need to know? KEY DATES WHAT S HAPPENING? Available Now! Now through 4 pm, ET, December 8, 208 After 4 pm, ET, December 8, 208 Now through 4 pm, ET, December 27, 208 Week of January 7, 209 Week of January 4, 209 (unless we notify you otherwise) Late January 209 IF YOU NEED HELP OR HAVE QUESTIONS ABOUT THE TRANSITION OR YOUR NEW PLAN: The new phone lines are open at Voya for inquiry. Customer Service Associates are available from 8 am to 9 pm, Eastern Time (ET), Monday to Friday, excluding stock market holidays. Please note that Customer Service Associates will not have your specific account information until the transition to Voya is complete. Bass Pro 40(k) Line: (833-BPRO40) Hearing Impaired: IF YOU WISH TO TAKE ANY OF THESE ACTIONS WITH YOUR CURRENT PLAN: You can continue to do the following with Principal: Enroll in the 40(k) Plan Change your future contribution rate Transfer money between investment options or reallocate contributions to different investment options Initiate a withdrawal (if eligible) Initiate a distribution (if eligible) Initiate a loan (if eligible) Process paperwork for any loans or withdrawal Process checks or loan payoff checks, through the Principal website or call center BLACKOUT PERIOD BEGINS, ACCOUNT ACCESS RESTRICTED: Account records are transferred to Voya. You will not be able to access your account until the transition to Voya is complete. IF YOU HAVE QUESTIONS ABOUT YOUR CURRENT PLAN: Make inquiries about your Plan through the Principal 2 website and call center PIN MAILING Voya will mail you a PIN in a plain security mailer. You will need your PIN to access the new Plan Website, the Bass Pro 40(k) Line and the Voya Retire Mobile App. BLACKOUT PERIOD ENDS; FULL ACCOUNT ACCESS RESTORED WITH ACCESS TO: New Website: basspro40k.voya.com Bass Pro 40(k) Line: (833-BPRO40) Hearing Impaired: You will receive a postcard when the Plan is live! You can also check the website or call the Bass Pro 40(k) Line for updates. Receive final account statement from Principal. Receive confirmation of balance transfer from Voya. You can also check online for this confirmation beginning the week of January 4, Principal is a separate entity and not a corporate affiliate of Voya Financial. 5

6 Bass Pro, LLC 40(k) Plan Questions on Withdrawals and Rollovers Will loan repayments via payroll deductions continue during the blackout period? Yes. You do not need to take action. All current loan information will be transferred to Voya. Any applicable loan repayments will continue through payroll deductions without interruption, and the interest rate for existing loans will remain the same. Can I submit a rollover into the new Plan during the blackout period? No. If you wish to execute a rollover, you should go to the new Plan website or call the Bass Pro 40(k) Line for rollover instructions once the blackout period has ended. Will I be able to transfer money or take a distribution during the transition period? No. If you anticipate that you ll need to do either of these, be sure to plan ahead and do so either before 4 pm, ET on December 8, 208, or after the transition is complete. Access Points for the Plan Once the transition period is over, what website should I use once the transition period is over? The new URL will be: Basspro40k.voya.com Is there a mobile app? Yes. For those with Android, iphones, and Kindles, you can download the Voya Retire app from the app store (search Voya Retire). It allows you to access your account and perform most transactions. You can also access myorangemoney 2 to see how your current savings can translate into estimated monthly retirement income and what actions you can take today to fill any savings gaps. How will I access my new retirement account? You will need your new Voya-issued PIN (being mailed the week of January 7, 209) to first access the Plan website, mobile app, or Information Line. The first-time you log in to the Plan website or mobile app, you will be asked to change your Username and Password, as well as establish authentication. You will always need your PIN to access the Bass Pro 40(k) Line. What if I do not receive a PIN? You can still register for online account access by using alternative authentication. Simply click the Register Now button on the Plan website and follow the instructions. However, to fully access the Bass Pro 40(k) Line, you will first need to call the number below and follow the prompts to request a PIN reminder. Bass Pro 40(k) Line: (833-BPRO40) Telecommunication Device for the Deaf (TDD): Customer Service Associates are available from 8 am to 9 pm, ET, Monday to Friday (excluding New York Stock Exchange holidays). This document is a brief, non-technical description of certain provisions of the Bass Pro Group, LLC 40(k) Plan. It is not intended to be a complete statement of all Plan provisions. If a description in this FAQ differs from the Plan document, the Plan document prevails. Includes iphone, trademark of Apple Inc., registered in the United States and other countries. App Store is a service mark of Apple Inc. Android is a trademark of Google Inc. Amazon and Kindle are trademarks of Amazon.com, Inc. or its affiliates. 2 IMPORTANT: The illustrations or other information generated by the calculators are hypothetical in nature, do not reflect actual investment results, and are not guarantees of future results. This information does not serve, either directly or indirectly, as legal, financial or tax advice and you should always consult a qualified professional legal, financial and/or tax advisor when making decisions related to your individual tax situation. 6 CN685786_ BASS PRO FAQ