Form of Stock Appreciation Rights Award Agreement (Stock Settled) under the Regal Rexnord Corporation 2018 Equity Incentive Plan

Tenth (10th) anniversary of the Grant Date

You may exercise this SAR Award only to the extent vested and only if the Award has not terminated. This SAR Award may not be exercised after the expiration date set forth above, or the earlier date that the Award terminates in connection with your termination of employment in accordance with the terms of the Plan. This SAR Award can only be exercised if the Fair Market Value of the Shares as to which it is being exercised exceeds the grant price for those Shares. In addition, your ability to exercise the SARs may be restricted by the Company if required by applicable law.

You may exercise your SAR Award by completing your transaction on-line using the account provided by the Company’s designated stock plan administrator. However, the SAR will not be exercised until you have satisfied all applicable withholding taxes due as a result of the exercise.

Upon exercise of the SAR, the excess of the Fair Market Value of the number of SARs being exercised (as determined on the date of exercise) over the Grant Price of such SARs shall be paid to you in whole Shares having an aggregate Fair Market Value equal to the amount due. Any fractional Share shall be cancelled.

If your employment with the Company and its Affiliates terminates due to Retirement before your SARs are 100% vested, then your SARs will continue to vest on the regular vesting dates described above, without regard to your continued employment, but subject to your compliance with the “Restrictive Covenants” provisions below. In addition, if you terminate due to Retirement, you may exercise your vested SARs until the third (3rd) anniversary of your termination date or, if earlier, the Expiration Date. For purposes hereof, you will be considered to have terminated due to “Retirement” if all of the following conditions have been met as of the date of your termination: (1) you have remained in employment with the Company and its Affiliates for at least nine (9) months after the Grant Date, (2) you have provided the Company with at least six (6) months advance written notice of your retirement date (unless such notice requirement is waived in whole or part by the Company), (3) you have attained at least age 55 and your age plus years of service with the Company and its Affiliates is at least equal to 68, (4) you have cooperated, to the reasonable satisfaction of the Company, with respect to the transfer of your duties, and (5) your most recent performance rating was not the lowest rating. For purposes of determining your years of service with the Company or an Affiliate, your service with an entity prior to its acquisition by the Company or an Affiliate shall count, provided such service was continuous at the time of the acquisition.

If your employment with the Company and its Affiliates terminates due to death or Disability, then this SAR Award may be exercised, to the extent vested as of the last day of your employment, until the first anniversary of your termination date or, if earlier, the Expiration Date.

If you voluntarily terminate your employment with the Company for reasons other than Retirement, then you may exercise this SAR Award, to the extent vested as of the last day of your employment, until 90 days after your termination date or, if earlier, the Expiration Date.

If your employment with the Company terminates for any other reason not described above, then you may exercise this SAR Award, to the extent vested as of the last day of your employment, until 180 days after your termination date or, if earlier, the Expiration Date.

Notwithstanding anything herein to the contrary, your entire SAR Award is terminated immediately if the Company or an Affiliate terminates your employment for Cause, or if your employment is terminated at a time when you could be terminated for Cause. In addition, if you are not terminated for Cause but the Administrator later determines that you could have been terminated for Cause if all facts had been known at that time, your SAR Award will terminate immediately on the date of such determination. If you submit a notice of exercise while the Administrator is considering whether you should be (or could have been) terminated for Cause, your exercise will be suspended pending such determination. If it is determined that you are (or could have been) terminated for Cause, then your SAR Award will terminate and your notice of exercise rescinded.

If someone else wants to exercise this SAR Award after your death, that person must contact the Company and prove to the Company’s satisfaction that he or she is entitled to do so.

•As a condition of the granting of this Award, you agree, for yourself and your legal representatives or guardians, that this Award and the Plan shall be interpreted by the Administrator and that any interpretation by the Administrator of the terms of this Award or the Plan and any determination made by the Administrator pursuant to this Award or the Plan shall be final, binding and conclusive.

•As a condition of the granting of this Award, you agree, for yourself and your legal representatives or guardians, that this Award, and any Shares issued or cash paid pursuant to this Award, shall be subject to (A) any recoupment, clawback, equity holding, stock ownership or similar policies adopted by the Company from time to time (to the extent contemplated by such policies) and (B) any recoupment, clawback, equity holding, stock ownership or similar requirements made applicable by law, regulation or listing standards to the Company from time to time (to the extent contemplated by such requirements).

•In general, this Award may be amended only by written consent signed by both you and the Company, unless the amendment is not to your detriment. Notwithstanding the foregoing, this Award may be amended or terminated by the Administrator or the Company without your consent in accordance with the provisions of the Plan.

•The failure of the Company to enforce any provision of this Award at any time shall in no way constitute a waiver of such provision or of any other provision hereof.

•This Award shall be binding upon and inure to the benefit of you and your heirs and personal representatives and the Company and its successors and legal representatives.

•By accepting this Award you acknowledge that a prospectus for the Plan, along with a copy of the Plan and the Company’s most recent Annual Report to Shareholders, has been made available to you electronically via the Company’s designated stock plan administrator’s web portal.

•A paper copy of the prospectus for the Plan is also available to you upon request.