Page 7 - Employee Handbook 4-1-2021

CORPORATE PHILOSOPHY

We believe in sharing the benefits of success with our employees through Employee
Stock Ownership Plan and 401(k) Plan. We are an employee-owned company and we
believe in using our profits by:

1. EMPLOYEE STOCK OWNERSHIP

We share ownership of the Jones-Hamilton Co. through our Employee Stock
Ownership Plan (ESOP). We give a contribution to the ESOP each year based on
eligible compensation to qualified participants. In addition, growth of Jones-
Hamilton Co. is shared among participants. Jones-Hamilton Co. makes all
contributions to the Plan – you contribute nothing!

2. 401(k) Plan
We offer a 401(k) plan to eligible employees. Jones-Hamilton Co. may
contribute to the employee 401(k) Plan on a pre-tax contribution to eligible
employees. In addition, eligible employees may contribute pre- and/or post-tax
employee deferrals through payroll deduction.

3. INVESTMENT IN THE BUSINESS

We believe that the Employee Stock Ownership Plan and 401(k) Plan benefit
Jones-Hamilton Co. as much as our employees. These types of benefits help us
attract and hire exceptional employees and provide a good reason for all of our
employees to work smarter, work harder, avoid waste and care about their
company and their jobs.

OUR CUSTOMERS

We realize that providing excellence in customer service requires us to know our
customers’ businesses and what they need to succeed. We use our knowledge to match
our capabilities with our customers’ needs - to earn, and keep, their business. In this
way, as we serve our customers, we also help ensure the success of our Company.
Aside from service, trust is the most important thing we have to offer our customers.
We strive to provide our customers competitive and dependable service, honestly and
ethically. However, we believe that trust means more than integrity and credibility.
Trust also connotes unity - the melding of our interests with those of our customers.
The more we promote this sharing of common values and ideals between ourselves and
our customers, the more opportunities we will have to serve them.

Jones-Hamilton Co. realizes that we must take risks to succeed in our competitive
marketplace. We maximize our chances for success with thorough preparation. We
evaluate customers’ needs and anticipate likely responses by competitors. At the same
time, we know that when a company is an innovator, it is inevitable that some projects
and proposals will prove more successful than others. Even when an effort is less
successful, everything we do contributes to our store of knowledge and provides
opportunities to learn and improve. We are better as individuals - and as an
organization - for taking risks and having tried.

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