Page 16 - California Steel EE Guide 01-2020

STRONG AS STEEL BENEFITS

Retirement Benefits

401(K) Savings Plan
Whatever your stage in life, it is important to prepare for your future financial security. With the 40l(k) Savings Plan, CSI works with
you to build your retirement income. You can join the 40l(k) Savings Plan on the first of the month after your hire date or at
anytime after that date. You may contribute from 1 % to 100% of the allowable maximum of your pay to your 40l(k) account, to the
maximum contribution level allowed by law. If you are age 50 or more, you can contribute an additional "catch-up." The 2020
maximum contribution level is $19,500, with an additional $6,500 under the catch-up provision. All contributions are deducted
from your paycheck on a pre-tax and/or Roth after-tax basis. CSl's discretionary pre-tax company contribution is $1.00 for every
$1.00 you contribute up to 6% of your pay. You may also choose to make additional after-tax (non-Roth) contributions to the 40l(k)
plan. CSI does not match these after-tax contributions.

You are immediately vested in your own contributions, matching contributions provided by CSI, and any investment earnings on
those contributions. The plan provides a range of investment options, 24-hour on-line access, loan options and hardship
withdrawals for qualified reasons. Access the plan website at www.retirement.prudential.com.

529 College Savings Plan

To help you and your family save for college, CSI has established a 529 College Savings Plan. You can contribute, on an after-tax
basis, to the maximum contribution level allowed by law. Earnings in the investment grow tax-free, and are federally tax-free when
used for college-related expenses, including tuition, books, computers, room and board.

CSI Profit Sharing Plan
The CSI Profit Sharing Plan is based on a pool amount (8%) of the Company's eligible income before taxes and divided among all
eligible employees twice a year in June and December, in accordance with the plan rules. Although no amount is guaranteed, the
Profit Sharing Plan has an average annual payment of more than $6,700 over the last 20 years for full share participants.

CSI Plus Profit Sharing Plan
In addition to the regular CSI Profit Sharing Plan, we offer the CSI Plus profit sharing plan. CSI Plus is based on a pool amount (2%)
of the company's eligible income before tax for each six-month calculation period. Twice a year in June and December, the pool is
distributed to eligible employees on a pro-rated basis as a percentage of base salary, subject to plan rules. While there are no
percentage guarantees, since inception in 2017, the average annual payment has been over $3,500 for full share participants equal
to 4.42% of their eligible annual base salary.

Paid Time-Off

Paid Personal Leave

Paid personal leave (PPL) time is for you to use as vacation, personal business or sick time away from work. You may schedule PPL
after 60 days of employment. You may accrue benefits equivalent to 120 hours each year up to 5 years of service, 160 hours each
year from 5 to 19 years of service, and 200 hours each year for 20 or more years of service. Unused time at the end of each year
may be banked, up to 40 hours per year to a maximum of 200 hours.

Holidays
You are eligible for ten paid holidays per year. These include New Year's Day, Presidents Day, Memorial Day, Independence Day,
Labor Day, Thanksgiving Day, the day after Thanksgiving, the day before or after Christmas, Christmas Day, and a Floating Holiday.
The day of the floating holiday is set by the Company each year.

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