Property of Bind Benefits, Inc., d/b/a Surest. All rights reserved © 2026. 67 9. Continuation of Coverage COBRA Continuation Coverage Under certain circumstances, a Participant may elect to continue coverage under the Surest Plan in accordance with COBRA. A Participant whose coverage is ending may be able to elect to continue the coverage. Continued coverage shall be provided as required under COBRA. The Plan Sponsor shall, within the parameters of the law, establish uniform policies for the purpose of providing such continuation of coverage. COBRA requires most employers with 20 or more employees to offer employees and their families the opportunity to pay for a temporary extension of coverage (called “continuation coverage”) at group rates in certain instances where coverage would otherwise end. This information is provided with respect to the Surest Plan. There is no requirement that a person be insurable to elect continuation coverage. However, a person who continues coverage may be required to pay the entire premium for the continuation coverage until the end of the maximum coverage period. This notice is intended to inform Participants under the Surest Plan, in summary fashion, of their rights and obligations under the continuation coverage provisions of this law. It does not fully describe your continuation coverage rights. For additional information about your rights and obligation under the Surest Plan and under federal law, you should contact the Plan Administrator. It is intended that no greater rights be provided than those required by the law. Other options may be available when a person loses group health coverage. For example, you may be eligible to buy an individual plan through the Health Insurance Marketplace. By enrolling in coverage through the Marketplace, you may qualify for lower costs on your monthly premiums and lower out-of-pocket costs. Additionally, you may qualify for a 30-day special enrollment period for another group health plan for which you are eligible (such as a spouse’s plan), even if that plan generally does not accept late enrollees. When Continuation Coverage is Available Continuation Coverage is available in the following circumstances: • Qualifying Event. A qualifying event is the occurrence of a specified event (described below) that results in a loss of coverage under the terms of the Surest Plan. Upon the occurrence of a “qualifying event,” each person that loses coverage has rights as a “qualified beneficiary.” • Qualified Beneficiary. A qualified beneficiary is the employee and/or the employee’s spouse or dependent children who on the day before the qualifying event were covered under the Surest Plan. In addition, a child who is born to or placed for adoption with a covered employee during a period of COBRA continuation coverage is a qualified beneficiary. Furthermore, an individual for whom the employee must provide coverage