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<br /> Lockheed Martin Corporation Savings Plans<br /> Fund Changes & Action Items<br /> SUMMARY OF FUND CHANGES & ACTION ITEMS<br /> WHAT’S CHANGING?<br /> Eight core funds will<br /> be removed from the<br /> investment options<br /> Some of the fund names<br /> and/or underlying<br /> investments and<br /> benchmarks will change<br /> A Bond fund will be added<br /> to the investment options<br /> Investments inside the<br /> LMIMCo Target-Date Funds<br /> will be enhanced<br /> 2 Continue reading to learn more about each of these upcoming enhanceme<br /> WHY ARE THE CHANGES HAPPENING? <br /> Certain core funds are underused or offer investments that are<br /> savings plans (for instance, in the Target-Date Funds or throug<br /> h<br /> available elsewhere in the<br /> the self-directed brokerage account).<br /> These changes will streamline and simplify the investment opti<br /> managed funds are being renamed to highlight Lockheed Mar<br /> Companyʼs (L<a title="Lockheed Martin - Fund Changes &amp; Action Items page 1" href="http://viewer.zmags.com/publication/f94e86af?page=1"> Lockheed Martin Corporation Savings Plans Fund Ch</a> <a title="Lockheed Martin - Fund Changes &amp; Action Items page 2" href="http://viewer.zmags.com/publication/f94e86af?page=2"> SUMMARY OF FUND CHANGES & ACTION ITEMS WHAT’S CHA</a> <a title="Lockheed Martin - Fund Changes &amp; Action Items page 3" href="http://viewer.zmags.com/publication/f94e86af?page=3"> TABLE OF CONTENTS 2 | SUMMARY OF FUND CHANGES & </a> <a title="Lockheed Martin - Fund Changes &amp; Action Items page 4" href="http://viewer.zmags.com/publication/f94e86af?page=4"> ENHANCEMENTS TO THE INVESTMENT OPTIONS IN THE SAV</a> <a title="Lockheed Martin - Fund Changes &amp; Action Items page 5" href="http://viewer.zmags.com/publication/f94e86af?page=5"> IMPORTANT CHANGES These changes will take place i</a> <a title="Lockheed Martin - Fund Changes &amp; Action Items page 6" href="http://viewer.zmags.com/publication/f94e86af?page=6"> STAGE 1 - APRIL 8 AT 4 P.M. ET-APRIL 13, 2021 CHA</a> <a title="Lockheed Martin - Fund Changes &amp; Action Items page 7" href="http://viewer.zmags.com/publication/f94e86af?page=7"> STAGE 1 – APRIL 8 AT 4 P.M. ET - APRIL 13, 2021 </a> <a title="Lockheed Martin - Fund Changes &amp; Action Items page 8" href="http://viewer.zmags.com/publication/f94e86af?page=8"> HOW TO MAKE CHANGES TO YOUR INVESTMENT OPTIONS T</a> <a title="Lockheed Martin - Fund Changes &amp; Action Items page 9" href="http://viewer.zmags.com/publication/f94e86af?page=9"> ENHANCEMENTS TO THE LMIMCO TARGET-DATE FUNDS LMI</a> <a title="Lockheed Martin - Fund Changes &amp; Action Items page 10" href="http://viewer.zmags.com/publication/f94e86af?page=10"> SUMMARY OF ENHANCEMENTS TO THE LMIMCO TARGET-DATE</a> <a title="Lockheed Martin - Fund Changes &amp; Action Items page 11" href="http://viewer.zmags.com/publication/f94e86af?page=11"> Investment Options in the Lockheed Martin Savings</a> <a title="Lockheed Martin - Fund Changes &amp; Action Items page 12" href="http://viewer.zmags.com/publication/f94e86af?page=12"> STAGE 2 (APRIL 26-MAY 20) RESET OF YOUR FUTURE CO</a> <a title="Lockheed Martin - Fund Changes &amp; Action Items page 13" href="http://viewer.zmags.com/publication/f94e86af?page=13"> HOW DO I OPT OUT OF THE RESET BY MAY 20, 2021? F</a> <a title="Lockheed Martin - Fund Changes &amp; Action Items page 14" href="http://viewer.zmags.com/publication/f94e86af?page=14"> INVESTMENT RESET PERIOD The investment reset per</a> <a title="Lockheed Martin - Fund Changes &amp; Action Items page 15" href="http://viewer.zmags.com/publication/f94e86af?page=15"> DETERMINE YOUR INVESTOR STYLE Identifying what t</a> <a title="Lockheed Martin - Fund Changes &amp; Action Items page 16" href="http://viewer.zmags.com/publication/f94e86af?page=16"> DETERMINE YOUR INVESTOR STYLE (CONT.) DO-IT-MYSEL</a> <a title="Lockheed Martin - Fund Changes &amp; Action Items page 17" href="http://viewer.zmags.com/publication/f94e86af?page=17"> IMPORTANCE OF A "THROUGH RETIREMENT" STRATEGY Wh</a> <a title="Lockheed Martin - Fund Changes &amp; Action Items page 18" href="http://viewer.zmags.com/publication/f94e86af?page=18"> KEY DATES AND DETAILS Please be aware of the key</a> <a title="Lockheed Martin - Fund Changes &amp; Action Items page 19" href="http://viewer.zmags.com/publication/f94e86af?page=19"> GET MORE INFORMATION OR ASSISTANCE In connection</a> <a title="Lockheed Martin - Fund Changes &amp; Action Items page 20" href="http://viewer.zmags.com/publication/f94e86af?page=20"> APPENDIX WHAT ARE ACTIVELY MANAGED FUNDS? An acti</a> <a title="Lockheed Martin - Fund Changes &amp; Action Items page 21" href="http://viewer.zmags.com/publication/f94e86af?page=21"> LMIMCO TARGET-DATE FUNDS INVESTMENT GLIDEPATH CU</a> <a title="Lockheed Martin - Fund Changes &amp; Action Items page 22" href="http://viewer.zmags.com/publication/f94e86af?page=22"> LMIMCO TARGET-DATE FUND INVESTMENT MANAGEMENT FEE</a> <a title="Lockheed Martin - Fund Changes &amp; Action Items page 23" href="http://viewer.zmags.com/publication/f94e86af?page=23"> Carefully consider the investment option’s object</a> <a title="Lockheed Martin - Fund Changes &amp; Action Items page 24" href="http://viewer.zmags.com/publication/f94e86af?page=24"> 24</a>