LEGGETT & PLATT INC 401(k) match: 50% of contributions

“Company contributions, including eligible matching contributions of 50%, are made at the discretion of the employer and in accordance with the Plan. Except as otherwise disclosed in Schedule H, line 4a, participant and matching Company contributions are remitted within the required timeline, and Company discretionary contributions are generally made in the first quarter of the following year. Company discretionary contributions will be allocated based on each participant’s eligible contributions in proportion to total eligible employee contributions or based on each participant’s total pay and are limited to 6% of eligible employee compensation.”

“Participants are always 100% vested in their employee contributions, rollover accounts, and qualified non-elective contributions (QNECs). Company contributions are vested following three years of service with 1,000 hours completed, at which time, they will become 100% vested. Any Company contribution from a prior plan merged into this Plan shall continue to vest in accordance with the vesting schedule set forth in the prior plan. A participant’s entire account balance will become fully vested at normal retirement age or termination due to disability or death. A participant’s non-vested account balance will be forfeited at the time of distribution of the vested account balance. The forfeitures will be used to restore accounts, pay Plan fees and expenses, and offset Company matching contributions and/or Company discretionary matching contributions, as directed by the Plan Administrative Committee. At December 31, 2025 and 2024, forfeited non-vested accounts totaled $10,899 and $19,141, respectively. Also, in 2025 and 2024, Company contributions were offset by $253,830 and $221,496, respectively from forfeited non-vested accounts.”

“Most of the Company's employees who work in the United States of America who have completed 90 days of service or belong to a union that has negotiated inclusion into the Plan are considered eligible for participation. If a previously ineligible employee changes employment status and, as a result, meets the above criteria, the employee may generally participate in the Plan as soon as administratively reasonable. Eligible employees may participate beginning on January, April, July, and October 1 after meeting eligibility requirements or on any special entry date according to the Plan.”

“Prior to April 15, 2026, eligible employees who were not participating were enrolled at 1% with pre-tax contributions. Employees who were contributing less than 6% had their contributions increased by 1% annually until they were contributing 6%. Employees could opt out of the automatic increases annually or change their contribution percentage at any time. Effective April 15, 2026, the Plan was amended to discontinue these automatic enrollment and annual increase provisions.”