401(K) RETIREMENT PLAN

Victory Capital Management employees are eligible to enroll in the plan after meeting eligibility requirements. Unless otherwise directed by the employee, an automatic deduction of 6% will begin the first payroll (taken on a pre-tax basis) following date of hire, or as administratively feasible.

Employee Pre-Tax or After-Tax (Roth) Contributions

Your date of hire

Employer Matching Contributions

After 1 year of service

2026 Plan Notices
This package may contain the following documents:

2026 Safe Harbor Notice
2026 EACA (eligible automatic contribution arrangement) notice
2026 Qualified Default Investment Alternative Notice
2026 Participant Fee Disclosure
Summary Plan Description

Please review this information carefully, if you have questions concerning any of this information, contact TCG Administrators at (800) 943-9179.

RESOURCES

401k Employee Welcome Package

Your Contributions

Through payroll deduction, you can make pre-tax or after-tax contributions (Roth) from your eligible pay. There is no minimum or maximum amount that you must elect to contribute. Participants may change deferral elections at any time.

Pre-tax contributions that are deferred from your compensation, and/or After-tax (Roth) contributions, are subject to the dollar limit for the calendar year as provided by law. For 2026, the maximum dollar limit (of $8,000) applies to the aggregate of all amounts that you contribute to this plan and all other 401(k), After-tax (Roth), 403(b) and SEPs of this employer or any other employer during the calendar year.

Catch-up contributions: Participants age 50 and over are eligible to make catch-up contributions in addition to the normal maximum dollar limit. For 2026, the maximum catch-up contribution is $24,500. Rollovers: The plan will allow rollover contributions from other eligible plans. You are eligible to rollover funds upon date of hire. Distributions: Money may be distributed from your Plan account in these events:

Death
Disability
Age 59 ½
Termination of Services

Additional Employee Catch-Up Opportunity: Starting 01/01/26, Victory will offer employees who will be aged 60-63 in the 2026 plan year the opportunity to contribute an additional catch-up in the amount of $11,250 to their 401(k) for a total of $35,750 in employee deferrals to help maximize your retirement savings.

Financial Hardship Withdrawals: Hardship withdrawals are permitted from this Plan. A hardship can include:

Purchase of a principal residence
Paying for college tuition and expenses
Paying certain medical expenses
Preventing eviction from or foreclosure on your home / Paying expenses to repair damage to your home
Paying burial or funeral expenses
Repair of Residence that qualifies for casualty deduction on your tax return

Loans: Participants are eligible to take up to 50% of their vested plan balance up to a maximum of $50,000. Repayments are payroll deducted.

Employer Contributions to the Plan:

Employer Matching Contributions – After the 1st year of employment you will begin to receive employer matching contributions equal to dollar for dollar matching up to 6% of your compensation (whether you are contributing on a Pretax or Roth basis). Employees are immediately vested in the employer portion.
Discretionary annual profit sharing.

Student Loan Repayment – 401(k) Match

A matching contribution, up to 6% of compensation, based on the student loan payment amount, may be made to the participants VCM 401(k) account starting in 2026, for participants who have current, eligible, outstanding student loan debt.