2014 Regal-Beloit Proxy

Program

Description

Participants

Objectives

Long‐Term Incentive Programs

Long‐Term Incentive (LTI) Equity Awards

Long‐term incentive awards paid in Stock Appreciation Rights, Restricted Stock Units and Performance Share Units

All executive officers and key employees

Drive superior performance ● Individual

contribution ● Increase stock price Focus on long‐term success

Ownership Retention Shareholder Alignment Retention Competitive Practices Retention Competitive Practices

Retirement Programs

Retirement (401(k)) Savings Plan Target Supplemental Retirement Plan

Company matching and annual contributions

All U.S. Employees

Key Executives

Retirement benefits for executives who have at least 10 years of service and work with us until the age of 58 Available to certain executives to assure protection of Company assets and/or focus on Company business with minimal disruption Medical, welfare and other benefits

Other Executive Benefits

Specific benefits are offered to different groups of executive officers based on business purpose

Retention Competitive Practices

Perquisites and Executive Benefits

Other Benefits

All employees

Retention Competitive Practices

35