Group Retirement Program Investment Options for Members

Net Worth Employee Benefits Inc. Group Retirement Program Investment Options for Members June 2017 1576 Bloor Street West Toronto, Ontario M6P 1A4 Tel: 416-588-2808 Toll Free: 1-866-258-4788 Fax: 416-588-3634 e-mail: networth@look.ca

VMware Group Retirement Program Overview VMware recognizes the importance of sound financial retirement planning. The VMware Group Deferred Profit Sharing Plan and EMC Canada Group Registered Retirement Savings Plan reflect EMC Canada s commitment to helping its members to prepare for their financial retirement. Details of the program are set out below: The VMware Group Retirement Program is a voluntary program, composed of a Group Deferred Profit Sharing Plan (DPSP) and a Group Registered Retirement Savings Plan (RRSP). Effective Date The Program was effective April 1, 1996 Eligibility Investment Direction Default Basic Contributions * definition of earnings will be base salary plus overtime/bonus/ commission/vacation Voluntary Contributions Contribution Limits Remittance Schedule Investment Management Fees Fees You are eligible to join this program within 30 days of hire or rehire if you are a full time employee and work a minimum of 40 hours per week. Participation enrolment thereafter is at the start of each quarter. Members will direct the investment of their account balances under each of the plans, using the investment options available under the program. Changes to your investment options can be made at any time, free of fees, by calling Manulife at 1-888-727-7766, or by logging in at www.manulife.ca\gro If investment directions are not provided, a member s account balance will be invested in the appropriate Retirement Date Fund. The appropriate Retirement Date Fund will be determined using the normal retirement date of age 65 You can make a basic contribution of 1% to 6% of your earnings*to the EMC Canada Group RRSP. (whole percentages only) VMware will match this basic contribution on a dollar-for-dollar basis up to a maximum of 6% of earnings (not to exceed $1,120 Cdn per quarter) and will deposit this Vmware matching contribution to the VMware Group Deferred Profit Sharing Plan. Your VMware Group RRSP contributions can be directed to an VMware Group personal RSP or an VMware Group spousal RSP. VMware reserves the right to make adjustments to the VMware annual total matching contribution based on profitability and fluctuations in currency. You can make voluntary contributions (over and above your basic contributions) to the VMware Group RRSP. These voluntary contributions to the VMware Group RRSP can be directed to an VMware Group personal RSP or an VMware Group spousal RSP. VMware will not match any voluntary contributions. Overall contributions under the program, by and for each member, are subject to, and may not exceed, the contribution limits set out under the Income Tax Act (Canada). Your annual DPSP contribution limit will be monitored by VMware. Your annual RRSP contribution limit is your responsibility to monitor. Your personal RRSP limit can be determined via your Notice of Assessment from Canada Customs & Revenue Agency. VMware will be remitting RRSP contributions to Manulife Financial on a bi-weekly basis. DPSP contributions will be remitted by the last Friday of each month. Investment management fees (IMF) relating to the Investment Options are levied as a percentage of assets and are paid within the fund (gross rates of return reflect performance before the IMF deduction, while net rates of return reflect performance after the deduction of fees) Transfers between available investment options are free when using Manulife internet or telephone; otherwise 4 free transfers initiated by letter or fax per calendar year, $25 per occurrence thereafter. Members requesting interim statements - $5 per statement (Manulife statements are issued quarterly and are mailed to your primary residence); online statements are free of charge Member requesting duplicate tax forms or receipts - $10 per occurrence; online tax forms or receipts are free of charge Your RRSP voluntary contributions are fully vested at all times, and may be withdrawn in cash (less applicable withholding taxes); withdrawal of voluntary contributions - 1 free per calendar year, $25 per occurrence thereafter VMware\NH\NHP\Investment Options for Members - VMware Page 2 Net Worth Employee Benefits Inc

VMware Group Retirement Program Overview The differences between the two components are set out in the following table: Deferred Profit Sharing Plan Registered Retirement Savings Plan Policy Number 30000524 20000524 Administration Fee Paid by VMware Paid by VMware Enrolment Form one form for a Deferred Profit Sharing Plan one form for a personal RSP one additional form for a spousal RSP (if desired) Employee Basic & VMware Matching Contributions Employee Basic & VMware Matching Contribution Withdrawals Employee Voluntary Contribution Withdrawals VMware matching contributions will be directed to the VMware DPSP VMware matching contributions must remain in the VMware Group DPSP plan while you are employed by VMware not applicable Employee Basic contributions will be directed to the VMware RRSP Employee basic contributions must remain in the VMware Group RRSP plan while you are employed by VMware Employee voluntary contributions (over and above your basic contributions) can be withdrawn in cash (less applicable withholding taxes), or transferred to another financial institution Vesting - Locking in Immediate Immediate Finding a Personal Financial Planner A financial planner can help you understand financial planning and investment. Check for credentials, such as a Certified Financial Planner (www.cfp-ca.org) designation. Interview your financial planner, ask questions and do your homework, as you would in choosing a family doctor or lawyer. You can also contact the Investment Dealers Association of Canada (www.ida.ca) for a list of registered firms and dealers. VMware\NH\NHP\Investment Options for Members - VMware Page 3 Net Worth Employee Benefits Inc

Money Managers Investment funds are subject to the cyclical nature of a single investment style. No single investment style is right for all phases of the economic and market cycle. Portfolio risk can be reduced by a multi-manager, multi-style investment strategy featuring diversification by manager style and in turn, investment philosophy. Fund Managers Beutel Goodman: Beutel Goodman's in-depth, and bottom up investment style leads to investments in strong companies with less cyclicality for fixed income mandates and more value upside for equity mandates. BlackRock Global Investors (BGI), BlackRock Global Investment has assembled teams of investment professionals with significant expertise in global capital markets. CC&L, Connor, Clark & Lunn Financial Group is one of Canada s largest asset management firms focussing on investment management experience. Elliott & Page Limited, Elliott & Page minimize risk by investing in 60 to 80 different stocks selected from a cross-selection of industries, reducing s individual security risk. FGP, Foyston Gordon and Payne, takes a long-term value oriented approach based on detailed fundamental research selecting quality companies that are priced conservatively and holding their position for 4 to 5 years. Fidelity Investments has grown to become one of Canada s largest mutual fund companies. Invesco Trimark Ltd. is one of the largest investment companies in Canada, offering world-class portfolio management and exceptional investment diversification opportunities by asset class, sector and geographic region. Jarislowsky Fraser Limited manages investment funds on behalf of governments, corporations, universities, institutions and labour unions, focussing on fundamentally based research, high quality stocks, portfolio diversification, and lower portfolio turnover. Mawer World Investment Mawer systematically creates broadly diversified portfolios of wealth-creating companies, with excellent management teams, bought at discounts to their intrinsic values. McLean Budden Limited McLean Budden has built and maintaining investment portfolios for over six decades, focussing on custom engineered investment strategies. MFC Global Investment Management, MFC is an investment management division of Manulife Financial employing hundreds of investment professional managing billions in assets. Sprucegrove, Sprucegrove emphasizes long term investment and focuses on the selection of individual common stocks using a bottom up, research driven approach. Wellington Management Wellington Management applies disciplined and research-intensive processes to understand global trends, outlooks for specific securities, industries, and markets, and create customized valuations, evaluating potential opportunities. VMware\NH\NHP\Investment Options for Members - VMware Page 4 Net Worth Employee Benefits Inc

Volatility @ 2016-08-01 Retirement Date Funds Funds Mutual Funds Least Volatile Guaranteed Interest Accounts 1001 1 year GIA 1003 3 year GIA 1005 5 year GIA 0 Canadian Money Market 3132 Canadian Money Market (MFC) 1 to 3 2000 Manulife Retirement Income (2000) 2001 Conservative 2002 Moderate Canadian Bond & Fixed Income 4141 Fidelity Canadian Bond 4191 MAM Canadian Bond Index 4 to 5 2020 Manulife Retirement Date 2020 2025 Manulife Retirement Date 2025 2030 Manulife Retirement Date 2030 2003 Balanced Canadian Balanced 5132 Elliott & Page Monthly High Income 5011 Manulife Balanced 5181 Trimark Income Growth 6 to 7 2035 Manulife Retirement Date 2035 2040 Manulife Retirement Date 2040 2045 Manulife Retirement Date 2045 2050 Manulife Retirement Date 2050 2055 Manulife Retirement Date 2055 2060 Manulife Retirement Date 2060 2004 Growth 2005 Aggressive Canadian Bond & Fixed Income 4162 McLean Budden Long-Term Fixed Income Canadian Large Cap Equity 7141 Fidelity Canadian Large Cap 7241 Jarislowsky Fraser Canadian Equity US Large Cap Equity 8131 MAM US Equity Index 8631 Beutel Goodman American Equity Global Equity 8181 Trimark (Global Equity) Canadian Large Cap Equity 7132 MAM Canadian Equity Index 7631 Beutel Goodman Canadian Equity 7313 Connor Clark & Lunn Canadian Growth 8 to 25 Most Volatile US Large Cap Equity 8196 US Diversified Growth Equity (Wellington) International Equity 8361 Sprucegrove International Equity 8452 Mawer World Investment 8321 BGI(BlackRock) International Equity Index Canadian Small to Mid Cap Equity 7381 FGP Small Cap Canadian Equity 7122 Elliott & Page Growth Opportunities VMware\NH\NHP\Investment Options for Members - VMware Page 5 Net Worth Employee Benefits Inc

Code Descriptions of Funds (in numerical order) (#) = Volatility @ 2016-08-01 1001 1 year Guaranteed Interest Account (0) 1003 3 year Guaranteed Interest Account (0) 1005 5 year Guaranteed Interest Account (0) 2000 Manulife Retirement Income (2000) (3) - The fund has approximately 15% in equities, while the remainder of the fund is invested in fixed income, mortgages and money market investments. 2020 Manulife Retirement Date 2020 (4) - The fund has approximately 65% in equities, while the remainder of the fund is invested in fixed income, mortgages and money market investments. The fund s asset mix will gradually decline to approximately 35% in equities in the year 2020. 2025 Manulife Retirement Date 2025 (4) - The fund has approximately 75% in equities, while the remainder of the fund is invested in fixed income, mortgages and money market investments. The fund s asset mix will gradually decline to approximately 35% in equities in the year 2025. 2030 Manulife Retirement Date 2030 (5) - The fund has approximately 80% in equities, while the remainder of the fund is invested in fixed income, mortgages and money market investments. The fund s asset mix will gradually decline to approximately 35% in equities in the year 2030. 2035 Manulife Retirement Date 2035 (6) investments. The fund s asset mix will gradually decline to approximately 35% in equities in the year 2035. 2040 Manulife Retirement Date 2040 (6) investments. The fund s asset mix will gradually decline to approximately 35% in equities in the year 2040. 2045 Manulife Retirement Date 2045 (6) investments. The fund s asset mix will gradually decline to approximately 35% in equities in the year 2045. 2050 Manulife Retirement Date 2050 (6) investments. The fund s asset mix will gradually decline to approximately 35% in equities in the year 2050. 2055 Manulife Retirement Date 2055 (6) investments. The fund s asset mix will gradually decline to approximately 35% in equities in the year 2055. 2060 Manulife Retirement Date 2055 (6) investments. The fund s asset mix will gradually decline to approximately 35% in equities in the year 2055. 2001 Conservative (2) - generally invests 80% in bond funds and 20% in equity funds to provide a high level of current income and capital preservation 2002 Moderate (3) - generally invests 60% in bond funds and 40% in equity funds with a greater emphasis on income and capital preservation 2003 Balanced (4) - generally invests 60% in equity funds and 40% in bond funds with a greater emphasis on growth of capital 2004 Growth (6) - generally invests 80% in equity funds and 20% in bond funds and is managed to provide long-term growth of capital with some consideration given to current income 2005 Aggressive (7) - generally invests 100% in equity funds and is managed to provide long-term growth of capital, but with no consideration given to current income 3132 Canadian Money Market (MFC) (0) - generally invests in money market securities guaranteed by the Government of Canada, its provinces or municipalities, corporations and chartered banks 4141 Fidelity Canadian Bond (3) - invests primarily in Canadian fixed-income securities, focusing on security selection & yield-curve strategies VMware\NH\NHP\Investment Options for Members - VMware Page 6 Net Worth Employee Benefits Inc

Code Descriptions of Funds (in numerical order) (#) = Volatility @ 2016-08-01 4191 MAM Canadian Bond Index (3) - a passively managed fund replicating the securities of the DEX Universe Bond Index 4162 McLean Budden Long-Term Fixed Income (6) - invests in a diversified portfolio of Canadian debt securities 5011 ML Balanced (4) - investing in a combination of stocks, bonds and short-term securities 5132 Elliot & Page Monthly High Income (4) - invests in Canadian fixed income & large cap securities, and may invest in royalty & real estate investment trusts 5181 Trimark Income Growth (5) - generally invests 45% in fixed income securities, 40% in Cdn. equities, 10% in U.S. equity, and 5% in international equities 7122 Elliot & Page Growth Opportunities (12) - generally invests in high quality securities and convertible investments of small and mid cap Canadian companies 7132 MAM Canadian Equity Index (8) - a passively managed fund replicating the securities of the S&P/TSX Composite Index 7141 Fidelity Canadian Large Cap (7) - invest primarily in equity securities of large Canadian companies, using a traditional bottom-up investment style 7241 Jarislowsky Fraser Canadian Equity (7) - generally invests in common shares of Canadian companies, emphasizing long term growth 7313 CC&L Group Canadian Q Growth (11) - invests in a diversified portfolio of Canadian equities 7381 FGP Small Cap Canadian Equity (9) - invests in a diversified portfolio of Canadian equities 7631 Beutel Goodman Canadian Equity (8) - generally invests in common shares of Canadian companies, emphasizing long term growth 8131 MAM U.S. Equity Index (7) - a passively managed fund replicating the securities of the S&P 500 Stock Index 8181 Trimark (Global Equity) (7) - invests primarily in equities of companies anywhere in the world 8196 U.S. Diversified Growth Equity (Wellington) (9) - invests primarily in common stock, real estate equities and depository receipts 8321 BGI (BlackRock) International Equity Index (9) - objective is to match the returns of the MSCI EAFE Index, as closely as possible 8361 Sprucegrove International Equity (8) - invests in non-north American companies 8452 Mawer World Investment (8) - invests in non-north American companies 8631 Beutel Goodman American Equity (7) - invests in non-north American companies VMware\NH\NHP\Investment Options for Members - VMware Page 7 Net Worth Employee Benefits Inc

Code Member Self-service:1-888-245-5558 Web Site: www.manulife.ca/gro Email: gromail@manulife.com Volatility @ 2016-08-01 Annual Gross Returns to April 30, 2017 (%) Compound (%) IMF 2013 2014 2015 2016 2017 3 yr 5 yr 10 yr Retirement Date 2000 Manulife Retirement Income 3 1.10 8.7 8.9 9.8 1.5 9.6 6.9 7.7 n/a 2020 Manulife Retirement Date 2020 4 1.10 9.3 12.0 10.2 1.3 10.7 7.3 8.6 4.9 2025 Manulife Retirement Date 2025 4 1.10 9.9 15.1 10.7 0.9 12.5 7.9 9.7 5.0 2030 Manulife Retirement Date 2030 5 1.10 10.4 18.3 11.4 0.3 14.5 8.5 10.8 5.3 2035 Manulife Retirement Date 2035 6 1.10 10.7 20.3 11.9-0.4 16.3 9.0 11.5 5.5 2040 Manulife Retirement Date 2040 6 1.10 10.8 21.1 12.1-0.7 17.2 9.3 11.9 5.6 2045 Manulife Retirement Date 2045 6 1.10 10.8 21.5 12.2-0.8 17.5 9.3 12.0 n/a 2050 Manulife Retirement Date 2050 6 1.10 10.9 21.8 12.3-0.9 17.7 9.4 12.4 n/a 2055 Manulife Retirement Date 2055 6 1.10 n/a n/a n/a -1.1 17.9 n/a n/a n/a 2060 Manulife Retirement Date 2060 6 1.10 n/a n/a n/a n/a 18.1 n/a n/a n/a 2001 Conservative 2 1.05 7.8 5.7 9.0 2.0 7.3 6.0 6.3 5.2 2002 Moderate 3 1.05 9.0 10.2 9.9 1.2 10.4 7.1 8.1 5.5 2003 Balanced 4 1.05 10.0 15.0 10.8 0.4 13.6 8.1 9.8 5.9 2004 Growth 6 1.05 10.8 20.2 11.9-0.6 16.9 9.1 11.6 5.7 2005 Aggressive 7 1.05 11.5 24.6 12.6-1.8 20.0 9.9 13.0 5.8 Guaranteed Interest Accounts 1001 1 year Guaranteed Interest Account 0 n/a n/a n/a n/a n/a 0.625 n/a n/a n/a 1003 3 year Guaranteed Interest Account 0 n/a n/a n/a n/a n/a 0.975 n/a n/a n/a 1005 5 year Guaranteed Interest Account 0 n/a n/a n/a n/a n/a 1.225 n/a n/a n/a Canadian Money Market 3132 Canadian Money Market (MFC) 0 0.65 1.3 1.3 1.2 0.9 1.0 1.0 1.1 1.7 Canadian Bond & Fixed Income 4191 MAM Canadian Bond Index 3 0.65 5.6 0.2 8.2 2.1 3.1 4.4 3.8 5.0 4141 Fidelity Canadian Bond 3 1.40 6.4 0.6 8.1 2.3 3.9 4.7 4.2 5.4 4162 McLean Budden Long-Term Fixed Income 6 0.95 8.4-1.9 15.3 2.6 5.2 7.6 5.8 6.9 Canadian Balanced 5132 Elliott & Page Monthly High Income 4 0.95 14.5 15.4 16.6 2.4 9.7 9.4 11.6 7.7 5011 ML Balanced 4 1.05 10.6 14.7 10.7 0.8 12.5 7.9 9.7 6.7 5181 Trimark Income Growth 5 1.30 13.9 20.9 9.0 2.6 14.1 8.5 11.9 6.1 Canadian Large Cap Equity 7132 MAM Canadian Equity Index 8 0.65 4.5 21.5 7.1-5.3 15.0 5.2 8.1 4.6 7141 Fidelity Canadian Large Cap 7 1.40 17.7 29.5 9.8 5.0 13.9 9.5 14.2 12.6 7241 Jarislowsky Fraser Canadian Equity 7 1.00 12.6 21.9 9.4 0.5 15.4 8.3 11.8 6.5 7313 CC&L Group Cdn Q Growth 11 0.95 11.9 28.4 7.5-2.7 14.3 6.1 11.4 6.7 7631 Beutel Goodman Cdn Equity 8 1.025 12.5 25.9 7.8-1.3 17.5 7.7 12.1 n/a U.S. Large Cap Equity 8131 MAM US Equity Index 7 0.75 18.6 30.9 24.3 4.4 28.3 18.5 20.9 9.1 8196 US Diversified Growth Eq (Wellington) 9 1.25 10.0 30.4 26.4 6.3 28.8 20.0 19.9 n/a 8631 Beutel Goodman American Equity 7 1.20 22.1 32.3 25.8 2.2 36.3 20.6 23.1 11.9 Canadian Small/Mid Cap Equity 7122 Elliott & Page Growth Opportunities 12 1.20 0.1 42.4 4.8-7.9 11.3 2.4 8.9 6.1 7381 FGP Small Cap Canadian Equity 9 1.00 9.8 30.9-1.2-5.7 15.3 2.4 9.1 6.2 International Equity 8321 BGI (BlackRock) International Equity Index 9 0.90 21.7 23.9 12.4-6.1 21.7 8.7 14.2 3.2 8361 Sprucegrove International Equity 8 1.35 16.2 23.9 9.5-8.2 30.1 9.4 13.5 4.6 8452 Mawer World Investment 8 1.30 17.8 24.3 16.2 2.9 19.9 12.8 16.0 7.4 Global Equity 8181 Trimark (Global Equity) 7 1.30 18.4 27.8 18.1 4.8 22.9 18.0 18.1 6.8 VMware\NH\NHP\Investment Options for Members - VMware Page 8 Net Worth Employee Benefits Inc

Performance Metrics Annual Gross Returns to April 30, 2017 (%) Compound (%) 2013 2014 2015 2016 2017 3 yr 5 yr 10 yr Canadian Money Market FTSE TMX Canada 91 Day Treasury Bill Index 1.1 1.0 0.9 0.5 0.5 0.6 0.8 1.3 Canadian Bond & Fixed Income FTSE TMX Canada Universe Bond Index 5.6 0.2 8.2 2.1 3.1 4.4 3.8 5.0 Canadian Balanced Multi-Manager Balanced Custom Benchmark 9.6 14.2 10.7-0.8 12.8 7.4 9.2 5.4 Canadian Large Cap Equity S&P/TSX Composite Total Return Index ($CA) 4.5 21.3 6.9-5.4 14.9 5.1 8.1 4.5 U.S. Large Cap Equity S&P 500 Composite Total Return Index ($CA) 19.1 31.0 25.0 4.8 28.4 18.9 21.3 9.4 Canadian Small/Mid Cap Equity BMO Nesbitt Burns Canadian Small Cap Index -5.2 25.0-6.2-2.6 21.1 3.4 5.6 3.4 International Equity MSCI EAFE Total Return Index ($CA) 22.2 23.8 12.9-5.7 21.7 9.1 14.4 3.5 Global Equity MSCI World Total Return Index ($CA) 19.6 27.5 19.5-0.2 25.5 14.4 18.0 6.7 Unit values, investment returns and volatility will fluctuate, and are not guaranteed. Past results are not necessarily indicative of future performance. VMware\NH\NHP\Investment Options for Members - VMware Page 9 Net Worth Employee Benefits Inc

If you should have any questions regarding this plan, please feel free to contact: Your Pension Advisors Marius Rusinas CFP CLU Ce rtifie d Fin an c ial Plan n e r 416-588-2808 ext 26 1-866-258-4788 ext 26 fax: 416-588-3634 networth@look.ca Al Kaminskas Pe n s io n Sp e c ialis t 416-588-2808 ext 25 1-866-258-4788 ext 25 fax: 416-588-3634 networth@look.ca Your Pension Administrators Manulife Financial 1-888-727-7766 gromail@manulife.com www.manulife.ca/gro VMware\NH\NHP\Investment Options for Members - VMware Page 10 Net Worth Employee Benefits Inc