INTRODUCTION OF NEW TRUSTEE Andy Chen be - came an Em - ployer Trustee of the IAM Na - tional Pension Fund in June 2022. Chen became Vice President and Treasurer for General Dynamics in April 2020. His current responsibilities include treasury, financial planning and anal - ysis, pension asset management, risk and insurance management, and relat - ed international activities. He is also a member of General Dynamics’ Invest - ment Committee, which oversees the company’s defined contribution plans. Chen joined the company in May 2011 as manager of strategic plan - ning. He served as Manager, and lat - er Director, of Financial Planning and Analysis until September 2017, at which time he was appointed to Staff Vice President of Financial Planning and Analysis for General Dynamics Information Technology. To learn more about Andy Chen, please visit our website here . BTF V3 TRANSITION The National IAM Benefit Trust Fund (the “BTF”) will begin transitioning to V3locity or “V3”, a benefits adminis - tration system designed to enhance the efficiency, productivity, and func - tionality of Fund administration, in early 2023. Our new V3 Employer Self-Service portal (“ESS”) will offer electronic billing and contribution remittance, real-time enrollment, and eligibility reporting, as well as other features to help streamline adminis - trative duties. Mid-to-late 2023, the Fund will also introduce its first V3 Participant Self-Service portal (“PSS”) giving employees access to up-to- date information on their covered benefits, and eligible dependents, as well as important Plan documents and notices. Beginning in 2023, all BTF contribut - ing employers will be required to use ESS to complete their enrollment and eligibility reporting. Once ESS goes live, the Fund will no longer accept paper enrollments or email requests. Employers should ensure they do not miss any critical BTF instructions or information by confirming or updat - ing their key contact(s) for receiving V3-related communications by email - ing the Employer Contact Change Form to fundrep@iambtf.org . Their key contacts must include anyone who is responsible for submitting en - rollment or eligibility files to the Fund. We appreciate your patience and continued engagement during this transition. 2 Latest News and Highlights Andy Chen COMPLIANCE M A I L I NGS The following compliance mail - ings and regulatory notices were mailed from the IAM National Benefit Funds Office in 2022: › 2021 401(k) and BTF SAR & HIPAA Notice of Privacy Practices › 2022 401(k) QDIA/ACA/Fee Disclosure › 2022 Annual Federal Tax Withholding Notice › 2022 NPF Social Security Administration Letters › 2022 NPF 104(d) Notice/ Multiemployer Summary Report › 2022 NPF Annual Benefit Statement › 2022 NPF Summary of Material Modifications › 2022 Annual Funding Notice › 2022 BTF MER, NCC and WHCRA › 2023 BTF Summary of Benefits and Coverage (A, A+, B, C, D2) › 2023 NPF Summary Plan Description If you did not receive a specific compliance mailing, please contact the appropriate IAM National Pension Fund/401(k) Plan Customer Service at 1-800-424- 9608 or the National IAM Benefit Trust Fund Customer Service at 1-800-457-3481. NOTE: The IAM National Pension Fund will be referred to as NPF, and the National IAM Benefit Trust Fund will be referred to as BTF. Happy New Year from the IAM National Benefit Funds Office! Our end-of-year edition of the Benefit Spotlight Newsletter recaps the major activities of each of the Funds in 2022 and highlights what’s to come in 2023. Learn more about each of the Funds and stay up-to-date on the latest Benefit Funds Office news by visiting our website at https://www.iambfo.org .