your WORLD of Financial Wellbeing

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1 Lifespan July 2018 Retirement Plan Merger Guide S PA N N I N G your WORLD of Financial Wellbeing Managing your retirement savings is about to get easier. This guide is intended to provide you with details surrounding the merging of assets for non-union participants from group Lifespan retirement plans at TIAA to the new Lifespan 401(k) Retirement Savings Plan and Lifespan Corporation 403(b) Retirement Plan at Fidelity. Throughout this guide, the term group plans refers to the following plans at TIAA: Lifespan Corporation 401(k) Retirement Plan Lifespan Corporation 403(b) Retirement Plan Lifespan Physicians Retirement Plan ( Physicians Plan )

2 Use this guide as a resource to help you take an active role in your retirement planning. Discover how your retirement plans will merge Review key dates and take note of services that may be temporarily unavailable Review investment option information Understand actions you may want to take What s Inside Need help? 2 Overview of changes 3 Key dates 4 How your investments will transfer 5 Need help? Nicole Tassone and Shane Viola, Lifespan s dedicated Fidelity Retirement Planners, are ready to help you address many questions, including: Lifespan s Dedicated Fidelity Retirement Planners How do these changes affect me? Am I investing properly? Am I on track with my retirement savings? How do I turn retirement savings into ongoing, steady income? Schedule a one-on-one appointment. Call or register online by visiting netbenefits.com/lifespan and clicking Meet under Next Steps. Appointments are required. We urge you to schedule an appointment at a time that s convenient for you. Please consider bringing relevant account statements and any paperwork to help address your questions and needs. 2 Nicole Tassone Shane Viola

3 Overview of changes To make it easier for you to manage your retirement savings, Lifespan is merging non-union participants assets in some of our plans at TIAA with our plans at Fidelity Investments. Since individual plans cannot be merged, these changes apply only to the group plans at TIAA, as described below. Internal Revenue Service (IRS) rules do not allow employers to direct the merger of a 403(b) plan into a 401(k) plan, so you may continue to have multiple plan accounts. See the chart below to understand how your plan assets will be merged. Group plan at TIAA Lifespan Corporation 401(k) Plan Plan # Lifespan Corporation 403(b) Plan Plan # * Lifespan Physicians Retirement Plan [ Physicians Plan - a 403(b) Plan] Plan # Will merge into this plan at Fidelity Lifespan 401(k) Retirement Savings Plan Plan # Lifespan Corporation 403(b) Retirement Plan at Fidelity Plan # Lifespan Corporation 403(b) Retirement Plan at Fidelity Plan # What does that mean to non-union participants with assets in the Group plan at TIAA? Current balances in the Lifespan Corporation 401(k) Plan at TIAA will be transferred to the new Lifespan 401(k) Retirement Savings Plan at Fidelity. Please see the fund transfer information beginning on page 5. Your assets can be moved between investment options within the new Lifespan 401(k) Retirement Savings Plan after the merger. Assets in the TIAA Traditional annuity cannot be transferred all at once. See note on page 7 about how those assets will transfer. Current balances in the Lifespan Corporation 403(b) Plan at TIAA will be transferred to the Lifespan Corporation 403(b) Retirement Plan at Fidelity. Please see the fund transfer information beginning on page 5. Your assets can be moved between investment options within the Lifespan Corporation 403(b) Retirement Plan, after the merger. Assets in the TIAA Traditional annuity cannot be transferred all at once. See note on page 7 about how those assets will transfer. Current balances in the Lifespan Physicians Plan at TIAA will be transferred to the Lifespan Corporation 403(b) Retirement Plan at Fidelity. Please see the fund transfer information beginning on page 5. Your assets can be moved between investment options within the Lifespan Corporation 403(b) Retirement Plan after the merger. Assets in the TIAA Traditional annuity cannot be transferred all at once. See note on page 7 about how those assets will transfer. Special note for participants in the Lifespan Corporation 403(b) Plan at TIAA * The current plan number for the Lifespan Corporation 403(b) Plan at TIAA is On June 25, 2018, all accounts designated as of June 01, 2018 as an account for active non-union Lifespan participants in the Lifespan Corporation 403(b) Plan at TIAA will move from current Plan # to new Plan # in preparation for the conversion to the Lifespan Corporation 403(b) Plan at Fidelity. This is an administrative change and no action is required on your part. 3

4 Key dates Please review the key dates below to understand how your account may be affected during the merger period. To ensure that all information is transferred accurately from your group plan account(s) to your account in the new Lifespan 401(k) Retirement Savings Plan and/or Lifespan Corporation 403(b) Retirement Plan account, there will be a period of time when you will be unable to take the following actions in your TIAA plan accounts: direct or diversify investments obtain a loan obtain a distribution This period during which you will be unable to exercise these rights otherwise available under the TIAA group plans is called a blackout period. Whether or not you are planning retirement in the near future, we encourage you to carefully consider how this blackout period may affect your retirement planning, as well as your overall financial plan. The blackout period for the TIAA group plans is expected to begin on July 5, 2018 at 4 p.m. ET and end during the week of July 30, During this time, you can determine whether the blackout period has started or ended by contacting the Fidelity Retirement Service Center at 833-MYRTPLN ( ). During the blackout period, you will be unable to direct or diversify the assets held in your plan account. For this reason, it is very important that you review and consider the appropriateness of your current investments in light of your inability to direct or diversify those investments during the blackout period. For your long-term retirement security, you should give careful consideration to the importance of a well-balanced and diversified investment portfolio, taking into account all your assets, income, and investments. You should be aware that there is a risk to holding substantial portions of your assets in the securities of any one company, as individual securities tend to have wider price swings, up and down, in short periods of time than investments in diversified funds. Stocks that have wide price swings might have a large loss during the blackout period, and you would not be able to direct the sale of such stocks from your account during the blackout period. If you have any questions concerning this blackout, you should contact the Fidelity Retirement Service Center at 833-MYRTPLN ( ). The dates below apply to the following group plans at TIAA: Lifespan Corporation 401(k) Plan, Lifespan Corporation 403(b) Plan, and the Physicians Plan ( group plans ). KEY DATES * June 25, 2018 July 5, p.m. ET July 12-13, 2018 During the week of July 30, 2018 PLAN ACTIVITY/ACTION STEPS All accounts designated as of June 01, 2018 as an account for active non-union Lifespan participants in the Lifespan Corporation 403(b) Plan at TIAA will move from current Plan # to new Plan # in preparation for the conversion to the Lifespan Corporation 403(b) Plan at Fidelity. BLACKOUT PERIOD BEGINS This is the last day in group plans at TIAA to: Process a loan or distribution Request an exchange between investment options Your group plan account balances at TIAA are valued at the close of the market on July 12, 2018 and transferred to Fidelity to the new Lifespan 401(k) Retirement Savings Plan and/or Lifespan Corporation 403(b) Retirement Plan on July 13, 2018, as described on page 3 of this guide. Review the How your investments will transfer section of this guide to learn how your current investment lineup will change as a result of the plan merger. Assets in the TIAA Traditional annuity cannot be transferred all at once. See note on page 7 about how those assets will transfer. BLACKOUT PERIOD ENDS The blackout period is expected to end during this week, and you will be able to see your transferred assets in the new Lifespan 401(k) Retirement Savings Plan and/or Lifespan Corporation 403(b) Retirement Plan. You will be notified when the blackout period has ended. Call 833-MYRTPLN to speak with a Fidelity representative who can answer questions and walk you through any transaction you want to make in your account. Designate beneficiaries if you do not have them on file for your Lifespan 401(k) Retirement Savings Plan or Lifespan Corporation 403(b) Retirement Plan account at Fidelity. Beneficiary information currently on file in group plans at TIAA will not transfer to Fidelity. You can check or designate your beneficiaries in the Profile section of NetBenefits at 4 * The timing of the plan changes and transition period, including any asset reallocations, described within this brochure depends on a variety of factors, which may include: the timing and accuracy of the transfer of data, receipt of instructions, and receipt of assets. Changes in any of these factors may result in changes to the timing of the delivery of services, the transition period, and/or the dates on which, and thus the prices at which, assets in your account are sold and/or reinvested.

5 How your investments will transfer Before investing in any mutual fund, consider the investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully. Lifespan Corporation 403(b) Plan and Lifespan Physicians Retirement Plan For non-union employees, current balances in the Lifespan Corporation 403(b) Plan and Physicians Plan at TIAA will be transferred to the Lifespan Corporation 403(b) Retirement Plan at Fidelity. The Lifespan Corporation 403(b) Plan and Physicians Plan at TIAA have some investment options not offered in the Lifespan Corporation 403(b) Plan at Fidelity. The charts on the following pages show how your investments in the TIAA group plan(s) will transfer, or map, to your account in the Lifespan Corporation 403(b) Plan at Fidelity. Please be aware that the transfer methodology may vary by individual investment option, and certain options may be out of the market for a day or more while others remain fully invested during the plan merger. Lifespan Corporation 401(k) Plan For non-union employees, current balances in the Lifespan Corporation 401(k) Plan at TIAA will be transferred to the new Lifespan 401(k) Retirement Savings Plan at Fidelity. The Lifespan Corporation 401(k) Plan at TIAA has some investment options not offered in the new Lifespan 401(k) Retirement Savings Plan at Fidelity. The charts on the following pages show how your investments in the group plan will transfer, or map, to your account in the new Lifespan 401(k) Retirement Savings Plan. During the transition, accounts will be liquidated and reinvested in the new investment option. Please be aware that the transfer methodology may vary by individual investment option, and certain options may be out of the market for a day or more. Special note for participants in Portfolio Advisory Service at Work If you are already enrolled in Portfolio Advisory Service at Work in the Lifespan Corporation 403(b) Retirement Plan or the new Lifespan 401(k) Retirement Savings Plan, any assets transferring into that plan will also be managed under your Portfolio Advisory Service at Work account. Fidelity Portfolio Advisory Service at Work is a service of Strategic Advisers, Inc., a registered investment adviser and a Fidelity Investments company. This service provides discretionary money management for a fee, which will be paid from your account. Effective July 16, 2018, Portfolio Advisory Service at Work will become Fidelity Personalized Planning & Advice. While the name of the service will change, the service you have signed up to receive will not. Fidelity Personalized Planning & Advice at Work is a service of Fidelity Personal and Workplace Advisors LLC and Strategic Advisers LLC. Both are registered investment advisers and Fidelity Investments companies. For more information, refer to the Terms and Conditions of the Program. When used herein, Fidelity Personalized Planning & Advice refers exclusively to Fidelity Personalized Planning & Advice at Work. This service provides advisory services for a fee. Special note for participants with a self-directed brokerage account at TIAA When the market closes (generally 4 p.m. ET) on July 5, 2018, the TIAA-CREF Self Directed Brokerage Account will no longer be available. As a result, current account balances and future contributions held in self-directed brokerage will transfer to Fidelity BrokerageLink on or about July 12, You will receive a separate communication with the details on your brokerage account transfer. 5

6 How your investments will transfer (continued) The charts in this section describe how funds in the group plans at TIAA [Lifespan Corporation 401(k) Plan, Lifespan Corporation 403(b) Retirement Plan, and Lifespan Physicians Retirement Plan] will transfer into the new Lifespan 401(k) Retirement Savings Plan and Lifespan Corporation 403(b) Plan at Fidelity. Investment options that are changing When the market closes (generally 4:00 p.m. Eastern time) on July 13, 2018 the investment options listed below under Group Plan Fund at TIAA will no longer be available. During the blackout period, current account balances in the investment on the left of the chart below will transfer to the new investment option on the right side of the chart on July 13, 2018 unless you direct otherwise by making changes to your TIAA account before this time. Once the blackout period has ended, which is expected to be during the week of July 30, 2018, all plan services will be available, including the ability to make investment exchanges within your account at Fidelity. GROUP PLAN FUND AT TIAA TICKER TO LIFESPAN 401(K) RETIREMENT SAVINGS PLAN OR LIFESPAN CORPORATION 403(B) FUND AT FIDELITY TICKER Cohen & Steers Institutional Realty Shares CSRIX Cohen & Steers Realty Shares Fund CSRSX CREF Equity Index R2 QCEQPX 72% to Fidelity 500 Index Fund - Institutional Premium Class 19% to Vanguard Mid-Cap Index Fund Institutional Shares 9% to Vanguard Small-Cap Index Fund Admiral Shares FXAIX VMCIX VSMAX CREF Social Choice R2 QCSCPX 60% to Fidelity 500 Index Fund - Institutional Premium Class 40% to Baird Core Plus Bond Fund Class Institutional FXAIX BCOIX CREF Stock R2 QCSTPX 70% to Fidelity 500 Index Fund - Institutional Premium Class 30% to American Funds EuroPacific Growth Fund Class R-5 FXAIX RERFX TIAA Traditional> TIAA# New York Life Guaranteed Interest Account N/A TIAA-CREF Growth & Income Fund Premier Class TRPGX Fidelity Growth Company Fund - Class K FGCKX TIAA-CREF Money Market Fund Premier Class TPPXX Fidelity Investments Money Market Government Portfolio - Institutional Class FRGXX Transamerica International Equity Fund Class I TSWIX American Funds EuroPacific Growth Fund Class R-5 RERFX Vanguard Developed Markets Index Fund Admiral Shares VTMGX Vanguard Developed Markets Index Fund Institutional Shares VTMNX Vanguard Institutional Index Institutional Shares VINIX Fidelity 500 Index Fund - Institutional Premium Class FXAIX Vanguard Total Bond Market Index Admiral Shares VBTLX Fidelity U.S. Bond Index Fund - Institutional Class FXSTX 6

7 How your TIAA Traditional annuity will transfer While assets in mutual funds in the group plans at TIAA will be transferred at one time, the TIAA Traditional annuity needs to be liquidated over a period of five years in order to avoid a penalty. Your TIAA Traditional assets will transfer to the New York Life Guaranteed Interest Account investment option under your Lifespan 401(k) Retirement Savings Plan account in a series of 60 monthly installments, without any surrender charges, beginning August 2, This means you will continue to have assets in your group plan account at TIAA until the transfer is complete in If you have questions or need support around how your TIAA Traditional assets, or any assets in the plan, will transfer, you are encouraged to schedule a consultation with a Fidelity Retirement Planner. Call or register online by visiting netbenefits. com/lifespan and clicking Meet under Next Steps. Investment options that are not changing The investment options listed below are in the group plans at TIAA as well as the Lifespan 401(k) Retirement Savings Plan and Lifespan Corporation 403(b) Plan at Fidelity. Any balances you have invested in these options at TIAA as of July 5, 2018 will transfer to the same funds at Fidelity. During the blackout period, current account balances in the investment options listed below will transfer to the same investment option unless you direct otherwise by making changes to your TIAA account before this time. Once the blackout period has ended, which is expected to be during the week of July 30, 2018, all plan services will be available, including the ability to make investment exchanges within your account. FUND TRANSFERRING TO SAME FUND Baird Core Plus Bond Fund Class Institutional JPMorgan SmartRetirement 2020 Fund Class R5 JPMorgan SmartRetirement 2025 Fund Class R5 JPMorgan SmartRetirement 2030 Fund Class R5 JPMorgan SmartRetirement 2035 Fund Class R5 JPMorgan SmartRetirement 2040 Fund Class R5 JPMorgan SmartRetirement 2045 Fund Class R5 JPMorgan SmartRetirement 2050 Fund Class R5 JPMorgan SmartRetirement 2055 Fund Class R5 JPMorgan SmartRetirement 2060 Fund Class R5 JPMorgan SmartRetirement Income Fund Class R5 TICKER BCOIX JTTIX JNSIX JSMIX SRJIX SMTIX JSAIX JTSIX JFFIX JAKIX JSIIX 7

8 Schedule a one-on-one appointment with a dedicated Lifespan Retirement Planner. Call or register online by visiting netbenefits.com/lifespan and clicking Meet under Next Steps. Investing involves risk, including risk of loss. This document provides only a summary of the main features of the Lifespan Corporation 403(b) Retirement Plan and the Lifespan 401(k) Retirement Savings Plan and the plan documents will govern in the event of any discrepancies. The plan is intended to be a participant-directed plan as described in Section 404(c) of ERISA, which means that fiduciaries of the plan are ordinarily relieved of liability for any losses that are the direct and necessary result of investment instructions given by a participant or beneficiary. Fidelity Brokerage Services LLC, Member NYSE, SIPC 900 Salem Street, Smithfield, RI FMR LLC. All rights reserved