2014 Regal-Beloit Proxy

PROPOSAL 3: AMEND AND RESTATE OUR ARTICLES OF INCORPORATION TO REMOVE HYPHEN FROM OUR LEGAL NAME We are asking our shareholders to approve a proposed amendment and restatement of our Articles to amend Article I of the Articles to remove the hyphen in our legal name, thus changing our legal name from “Regal‐Beloit Corporation” to “Regal Beloit Corporation.” We conducted a review of our various trademarks, products, promotional literature, and other documents where our legal name is used, and it has become apparent that the hyphen in our name is used inconsistently and in some cases has fallen into disuse. We believe that removing the hyphen from our legal name will allow us to consistently present our name across production, marketing and legal platforms. Therefore, our Board believes it is in our and our shareholders’ best interests to remove the hyphen from our legal name. Effectiveness of the Restatement If the foregoing proposal to amend and restate the Articles is approved by our shareholders, then the Restatement will be filed with the Wisconsin Department of Financial Institutions. If our shareholders approve one but both of our proposals to amend and restate the Articles, then we will file the Restatement containing only the amendments that were approved. Under Wisconsin law, if shareholders approve the Restatement, then the Restatement will become legally effective when we file the Restatement with the Wisconsin Department of Financial Institutions, which we intend to do as soon as practicable following the Annual Meeting. OUR BOARD OF DIRECTORS RECOMMENDS A VOTE “FOR” THE AMENDMENT AND RESTATEMENT OF OUR ARTICLES OF INCORPORATION TO REMOVE THE HYPHEN FROM OUR LEGAL NAME.

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