2014 Regal-Beloit Proxy

end of fiscal year 2015 and 13,400 units will vest based on performance through the end of fiscal year 2016. For Mr. Hinrichs: 2,150 units will vest based on performance through the end of fiscal year 2015 and 3,075 units will vest based on performance through the end of fiscal year 2016. For Mr. Schlemmer: 2,500 units will vest based on performance through the end of fiscal year 2015 and 3,400 units will vest based on performance through the end of fiscal year 2016. For Mr. Underwood: 1,575 units will vest based on performance through the end of fiscal year 2015 and 2,300 units will vest based on performance through the end of fiscal year 2016. For Mr. Colvin: 800 units will vest based on performance through the end of fiscal year 2015 and 1,075 units will vest based on performance through the end of fiscal year 2016. (3) Based on $75.37 per share closing price of our common stock on the New York Stock Exchange on the last trading day of our fiscal year 2014. (4) These SARs vest with respect to 8,500 shares on 5/5/2015. (5) These SARs vest with respect to 13,000 shares on each of 5/4/2015 and 5/4/2016. (6) These SARs vest with respect to 19,920 shares on each of 5/3/2015, 5/3/2016 and 5/3/2017. (7) These SARs vest with respect to 25,540 shares on 5/2/2015 and 12,770 shares on each of 5/2/2016, 5/2/2017 and 5/2/2018. (8) These SARs vest with respect to 22,260 shares on 5/7/2016 and 11,130 shares on each of 5/7/2017, 5/7/2018 and 5/7/2019. (9) 18,800 shares vest on 5/3/2015, 23,400 shares vest on 5/2/2016 and 20,850 shares vest on 5/7/2017. (10) These SARs vest with respect to 4,000 shares on each of 5/4/2015 and 5/4/2016. (11) These SARs vest with respect to 5,000 shares on each of 5/3/2015, 5/3/2016 and 5/3/2017. (12) These SARs vest with respect to 5,850 shares on 5/2/2015 and 2,925 shares on each of 5/2/2016, 5/2/2017 and 5/2/2018. (13) These SARs vest with respect to 5,070 shares on 5/7/2016 and 2,535 shares on each of 5/7/2017, 5/7/2018 and 5/7/2019. (14) 4,500 shares vest on 5/3/2015, 5,350 shares vest on 5/2/2016 and 4,750 shares vest on 5/7/2017. (15) These SARs vest with respect to 1,200 shares 5/5/2015. (16) These SARs vest with respect to 3,300 shares on each of 5/4/2015 and 5/4/2016. (17) These SARs vest with respect to 5,200 shares on each of 5/3/2015, 5/3/2016 and 5/3/2017. (18) These SARs vest with respect to 6,480 shares on 5/2/2015 and 3,240 shares on each of 5/2/2016, 5/2/2017 and 5/2/2018. (19) These SARs vest with respect to 5,920 shares on 5/7/2016 and 2,960 shares on each of 5/7/2017, 5/7/2018 and 5/7/2019. (20) 4,700 shares vest on 5/3/2015 and 5,950 shares vest on 5/2/2016 and 5,550 shares vest on 5/7/2017. (21) These SARs vest with respect to 3,200 shares on each of 5/4/2015 and 5/4/2016. (22) These SARs vest with respect to 3,600 shares on each of 5/3/2015, 5/3/2016 and 5/3/2017. (23) These SARs vest with respect to 4,400 shares on 5/2/2015 and 2,200 shares on each of 5/2/2016, 5/2/2017 and 5/2/2018. (24) These SARs vest with respect to 3,690 shares on 5/7/2016 and 1,845 shares on each of 5/7/2017, 5/7/2018 and 5/7/2019. (25) 3,400 shares vest on 5/3/2015, 4,050 shares vest on 5/2/2016 and 3,450 shares vest on 5/7/2017. (26) These SARs vest with respect to 2,400 shares on 5/5/2015. (27) These SARs vest with respect to 1,600 shares on each of 5/4/2015 and 5/4/2016. (28) These SARs vest with respect to 1,640 shares on each of 5/3/2015, 5/3/2016 and 5/3/2017. (29) These SARs vest with respect to 2,050 shares on 5/2/2015 and 1,025 shares on each of 5/2/2016, 5/2/2017 and 5/2/2018. (30) These SARs vest with respect to 1,890 shares on 5/7/2016, and 945 shares on each of 5/7/2017, 5/7/2018 and 5/7/2019. (31) 1,575 shares vest on 5/3/2015, 1,875 shares vest on 5/2/2016 and 1,775 shares vest on 5/7/2017.

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