1. Shares of Oppenheimer funds are not deposits or obligations of any bank, are not guaranteed by any bank, are not insured by the FDIC or any other agency and involve investment risks, including the possible loss of the principal amount invested. Oppenheimer funds are distributed by OppenheimerFunds Distributor, Inc., 225 Liberty Street, New York, NY 10281-1008 © 2015 OppenheimerFunds Distributor, Inc. All rights reserved. Information only slide– See Notes Page. Hide after personalizing presentation. DO NOT DELETE THIS SLIDE! Information Slide Please read carefully before moving on!

2. Shares of Oppenheimer funds are not deposits or obligations of any bank, are not guaranteed by any bank, are not insured by the FDIC or any other agency and involve investment risks, including the possible loss of the principal amount invested. Oppenheimer funds are distributed by OppenheimerFunds Distributor, Inc., 225 Liberty Street, New York, NY 10281-1008 © 2015 OppenheimerFunds Distributor, Inc. All rights reserved. 403(b): Saving for Retirement Retirement Plan - Enrollment Presentation

3. Shares of Oppenheimer funds are not deposits or obligations of any bank, are not guaranteed by any bank, are not insured by the FDIC or any other agency and involve investment risks, including the possible loss of the principal amount invested. Oppenheimer funds are distributed by OppenheimerFunds Distributor, Inc., 225 Liberty Street, New York, NY 10281-1008 © 2015 OppenheimerFunds Distributor, Inc. All rights reserved. 403(b): Saving for Retirement Retirement Plan - Enrollment Presentation The person giving this presentation is not employed by, acting on behalf of, affiliated with, nor an agent for, OppenheimerFunds, Inc. or any of its affiliates.

4. 4 Employer Financial Advisor OppenheimerFunds Your Support Network

5. 5 Agenda What retirement is and how much it will cost Reaching your retirement goal Investment vehicles and asset categories Building your portfolio Getting started

6. 6 Ideally, the ability to achieve financial independence once you stop working What Is Retirement?

7. 7 Many experts generally agree you will probably need 80% or more of your preretirement income for each year in retirement. What Will Retirement Cost? Preretirement Incomex 80%x Years in RetirementYour Total $40,000$32,000x 20= $640,000 75,00060,000x 20= $1,200,000

8. 8 Social Security Personal Savings Retirement Plan Working Longer Where Does Retirement Income Come From?

9. 9 Continued cost of living increases Aging of the population Reduction in the workforce Increasing life expectancy Conditions in the economy Social Security is facing challenges that include: While Social Security provides income for retirement, it should not be counted on as the only savings for retirement. Employees need to take charge of their personal retirement savings.

10. 10 $40,000 – Salary $75,000 – Salary What You Could Expect Today Source of data: Social Security Administration Benefits Calculator, 2012. $32,000 (Hypothetical Annual Total Needed in Retirement) x 35%(Social Security Provides) $11,200(From Social Security) $60,000 (Hypothetical Annual Total Needed in Retirement) x 29%(Social Security Provides) $17,400(From Social Security)

11. 11 $40,000 Salary at Retirement What Is the Deficit? $32,000Total Annual Needed for Retirement x 35%Social Security $20,800Deficit* $75,000 Salary at Retirement $60,000Total Annual Needed for Retirement 17,400Social Security $42,600Deficit* * Unadjusted for inflation

12. 12 The Effects of Inflation Item Purchased Today Projected cost in 20 Years (3.5% Average Annual Inflation Rate) Projected Cost in 20 Years (2.5% Average Annual Inflation Rate) Movie ticket for $8$15.91$11.88 Gallon of gas $3.887.725.77 Airline ticket for $500995.00743.00 Sources: 1. Federal Reserve Bank of Minneapolis, Consumer Price Index Calculator, 2011. 2. econlife.com, 2011. 3. National Association of Airline Carrier Owners, 2011. National Averages

13. 13 Personal savings Great idea but requires discipline to acquire an adequate sum May not be tax efficient Working longer Not really retirement, is it? How Will You Close the Gap?

14. 14 Pretax Savings Roth Savings Tax Deferral Compounding Your Retirement Plan

15. 15 Without a Retirement PlanWith a Retirement Plan Pretax Savings Your taxable pay is reduced and so is your tax This chart is for illustrative purposes and assumes a federal income tax bracket of 25%. *You save $50 on a tax-deferred basis with only a $38 difference in your paycheck. $1,000Paycheck 250Federal Income Tax $750Net Pay $1,000Paycheck 50Pretax deferral $950Taxable now $238Federal Income Tax* $712Net pay*

16. 16 Tax-deferred vs. Taxable Investing This chart assumes initial investment at age 25 with a monthly contribution of $250 made on the first of every month for 40 years, and assumes a 6% hypothetical average rate of return with dividends and distributions reinvested. Withdrawals prior to age 59½ are subject to tax penalties. The hypothetical ending values may be subject to income tax when withdrawn. This hypothetical example is not intended to show the performance of any particular investment for any period of time, or fluctuation in principal value or investment returns. The regular investment of money does not guarantee a profit or protect against losses in declining markets. The chart is for illustrative purposes only. Salary: $40,000 Savings Goal: $416,000 Contribution:$250 monthly Required Return on Hypothetical Investment:6% annually for 40 years $450,000 $400,000 $350,000 $300,000 $250,000 $200,000 Tax-deferred result: $497,872 Taxable (25%) result: $373,404 Age $0 65 55 45 $500,000

17. 17 Eve Early Investor Saves $300 a month starting at age 25. Stops saving after 10 years. Total investment of just $36,000. Paul Late Investor Saves $300 a month for 30 years starting at age 35. Total investment of $108,000. Eve $306,089 by the age of 65 Paul $301,354 by the age of 65 $350,000 $300,000 $250,000 $200,000 0 655545 35 25 Age Compounding: Price of Procrastination Eve, the early investor, comes out ahead in 40 years. The persons portrayed in this example are fictional. This material does not constitute a recommendation as to the suitability of any investment for any person or persons having circumstances similar to those portrayed, and a financial advisor should be consulted. This chart assumes a person starts contributing $300 a month at age 25 for 10 years while another person, age 35 contributes the same amount for 30 years. Assuming a fixed average annual rate of return of 6%, on a tax-deferred basis, with dividends and distributions reinvested. Withdrawals prior to age 59½ are subject to tax penalties. The hypothetical ending values may be subject to income taxes when withdrawn. This hypothetical example is not intended to show the performance of any particular investment for any period of time, or fluctuation in principal value or investment returns. Periodic investment plans do not guarantee a profit or protect against losses in declining markets.

18. Roth 403(b) Option

19. 19 Roth 403(b) is a feature offered by your retirement plan that lets you: Fund your retirement account with money that’s already been taxed, and Withdraw contribution dollars and any investment earnings tax free, when you meet certain requirements Instead of getting a tax break now, you get it later, when you take the money out You can contribute as much as you want to one or both of the Traditional 403(b) and Roth 403(b) as long as the combined total doesn’t exceed your plan’s yearly contribution limit ($17,500 for 2013) What Is a Roth 403(b)?

20. 20 Tax-free distribution of earnings Higher contributions than a Roth IRA allows, with no income restrictions Extended tax-free growth Roth 403 (b)’s Major Benefits

21. 21 Roth 403(b)Traditional 403(b) ContributionsAfter-tax dollarsPretax dollars Maximum AllowedCombined total may not exceed plan’s maximum Investment OptionsSame Investment EarningsAccumulate without current taxation Withdrawals at RetirementTax free if account is held for five years and experienced a qualifying event (age 59½, disability or death) Taxed as ordinary income once owner reaches age 59½ Mandatory Distributions After Age 70½ Yes Roth IRA Rollover AvailableYes Employer Matching Contributions Employer’s option (treated as pretax money) How Does It Compare?

22. 22 How Does It Compare? Roth 403(b)Roth IRA ContributionsAfter-tax dollars Maximum AllowedSame as Traditional 403(b); applies to combined Roth 403(b) and Traditional 403(b) contributions $5,000 + $1,000 catch-up if over age 50 (2012) Investment EarningsAccumulate without current taxation Withdrawals at RetirementTax free if the investor held the account for five or more years and experienced a qualifying event (age 59½, death or disability) Tax free if the investor held the account for five or more years and experienced a qualifying event (age 59 ½, death or disability, or first home purchase) Mandatory Distributions After Age 70½ YesNo Income Limits on EligibilityNoYes

23. 23 See Traditional 403(b) vs. Roth 403(b) in 403(b) Employee Guide How to Decide What’s Right for You

24. 24 If your circumstances or expectations don’t favor one account over the other, you can always split your contributions between the two However, more important than which account you choose is how much and how soon you save for retirement Playing Both Sides

25. Investments

26. 26 Investments can be categorized into three major classes: Equities (stocks) Fixed Income (bonds) Money market (cash) Investments

27. 27 Represent units of ownership or shares in a company Proportional stake in the corporation's assets and profits Dividends Stocks (Equities)

28. 28 IOUs issued by corporations or governments in exchange for a loan of money Repay the principal amount of the bond itself at a specified time No ownership stake in the company Bonds (Fixed Income) Investments

29. 29 Money Market Provides income and liquidity while seeking to maintain a constant value by investing in short-term, high quality debt instruments. Cash

30. 30 Pool investors’ money and purchase stocks or bonds Target a specific investment objective over time Advantages: Diversification Professionally managed Mutual Funds

31. 31 The Right Way to Invest The Oppenheimer Fund first offered to public in 1959 One of the most recognized names in the industry A broad range of mutual funds, covering the risk / reward spectrum Long-standing relationships with financial advisors and financial planners nationwide OppenheimerFunds

32. 32 Investments in global markets involve special risks including currency exchanges, political uncertainties, and are also subject to additional expenses. Conservative funds generally carry a lower level of risk but also generally offer lower rates of return. Aggressive funds generally carry a higher level of risk but have the potential to offer a higher rate of return. A Range of Funds Designed for Every Investor Global/International Equity Small-/Mid-cap Equity Large-cap Value High Yield Fixed Income Aggregate Fixed Income Large-cap Growth Cash

33. 33 Seeks to provide income and liquidity while seeking to maintain a constant value by investing in short-term, high quality debt instruments. Includes money market investments that are short-term, low risk securities, such as certificates of deposits and U.S. Treasury notes. Special Risks: These types of funds are not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Conservative funds generally carry a lower level of risk but also offer lower rates of return. Aggressive funds generally carry a higher level of risk but have the potential to offer a higher rate of return. Investments in global markets involve special risks including currency exchanges, political uncertainties and are also subject to additional expenses. Cash Global/International Equity Small-/Mid-cap Equity Large-cap Value High Yield Fixed Income Aggregate Fixed Income Large-cap Growth Cash

35. 35 Seeks to provide current income by investing in a diversified portfolio of U.S. Government, foreign and corporate bonds. Special Risks: Fixed income investing entails credit risks and interest rate risks. When interest rates rise, bond prices generally fall and a fund’s share prices can fall. Foreign investments may be volatile and involve additional expense and special risks, including currency fluctuations, foreign taxes and political and economical uncertainties Conservative funds generally carry a lower level of risk but also offer lower rates of return. Aggressive funds generally carry a higher level of risk but have the potential to offer a higher rate of return. Investments in global markets involve special risks including currency exchanges, political uncertainties and are also subject to additional expenses. Aggregate Fixed Income Global/International Equity Small-/Mid-cap Equity Large-cap Value High Yield Fixed Income Large-cap Growth Cash Aggregate Fixed Income

37. 37 Aggregate Fixed Income Seeks to provide current income by investing in a diversified portfolio of lower rated, higher yielding corporate bonds (sometimes called junk bonds). Special Risks: Fixed income investing entails credit risks and interest rate risks. When interest rates rise, bond prices generally fall and a fund’s share prices can fall. Below- investment-grade (“high yield” or “junk” are more at risk of default and are subject to liquidity risk. Conservative funds generally carry a lower level of risk but also offer lower rates of return. Aggressive funds generally carry a higher level of risk but have the potential to offer a higher rate of return. Investments in global markets involve special risks including currency exchanges, political uncertainties and are also subject to additional expenses. High Yield Fixed Income Global/International Equity Small-/Mid-cap Equity Large-cap Value Large-cap Growth Cash High Yield Fixed Income

39. 39 Aggregate Fixed Income Focuses on large-company stocks which the fund manager judges to be “bargains”—that is, out of favor at the moment or priced lower than they’re worth. Special Risks: Value investing involves the risk that undervalued securities may not appreciate as anticipated. Conservative funds generally carry a lower level of risk but also offer lower rates of return. Aggressive funds generally carry a higher level of risk but have the potential to offer a higher rate of return. Investments in the global markets involve special risks including currency exchanges, political uncertainties and are also subject to additional expenses. Large-cap Value Global/International Equity Small-/Mid-cap Equity High Yield Fixed Income Large-cap Growth Cash Large-cap Value

41. 41 Aggregate Fixed Income Invests in the common stocks of large, well established companies selected for potential earnings growth over time. Special Risks: Investments in securities of growth companies may be especially volatile. Conservative funds generally carry a lower level of risk but also offer lower rates of return. Aggressive funds generally carry a higher level of risk but have the potential to offer a higher rate of return. Investments in the global markets involve special risks including currency exchanges, political uncertainties and are also subject to additional expenses. Large-cap Growth Global/International Equity Small-/Mid-cap Equity Large-cap Value High Yield Fixed Income Cash Large-cap Growth

43. 43 Large-cap Growth Small-/Mid-cap Equity Aggregate Fixed Income Global/International Equity Large-cap Value High Yield Fixed Income Cash Seeks capital appreciation by investing in the stocks of small and mid-sized companies with good growth prospects. Special Risks: Small-and mid-sized company stock in typically more volatile than that of larger, more established businesses, as these stocks tend to be more sensitive to changes in earnings expectations and tend to have lower trading volumes than large-cap securities, creating potential for more erratic price movements. It may take a substantial period of time to realize a gain on an investment in a small- or mid-sized company, if any gain is realized at all. Conservative funds generally carry a lower level of risk but also offer lower rates of return. Aggressive funds generally carry a higher level of risk but have the potential to offer a higher rate of return. Investments in the global markets involve special risks including currency exchanges, political uncertainties and are also subject to additional expenses. Small-/Mid-cap Equity

45. 45 Large-cap Growth Seeks to take advantage of opportunities outside of the United States by investing in the common stocks of foreign companies. Special Risks: Foreign investments may be volatile and involve additional expenses and special risks, including currency exchanges, accounting differences, differences in securities regulations, political and economic uncertainties. Emerging and developing market investments may be especially volatile. Conservative funds generally carry a lower level of risk but also offer lower rates of return. Aggressive funds generally carry a higher level of risk but have the potential to offer a higher rate of return. Investments in global markets involve special risks including currency exchanges, political uncertainties and are also subject to additional expenses. Global/International Equity Aggregate Fixed Income Small-/Mid-cap Equity Large-cap Value High Yield Fixed Income Cash Global/International Equity

47. Other Funds

48. 48 You can't avoid risk but you CAN manage it. How? Diversify (mutual funds) Dollar cost averaging Asset allocation Mutual funds are subject to market risk and volatility. Shares may gain or lose value. Dealing with Risk

49. 49 Investing equal amounts of money at regular intervals on an ongoing basis You buy fewer shares when prices are high and more shares when prices are low Since dollar cost averaging plans involve continuous investments regardless of price levels of fund shares, you should consider your financial ability to continue purchases through periods of low price levels. Such plans do not guarantee profit nor protect against losses in declining markets. Dollar Cost Averaging

50. 50 Average cost per share: $6.67 ($400÷60) Average price per share: $7.50 ($10+$5+$10+$5 = $30÷4) Dollar Cost Averaging QuarterRegular InvestmentsPrice Per ShareShare Purchased 1$100$1010 2100520 310010 4100520 Total$40060 Automatic investment plans do not guarantee a profit nor protect against losses in declining markets. Dollar cost averaging involves continuous investments regardless of price levels of fund shares, and you should consider your financial ability to continue purchases through periods of low price levels. These charts do not depict the prices or investment performance of any investment.

51. 51 Divides your assets among a variety of investment categories Helps reduce overall portfolio risk by offering a higher degree of diversification Takes advantage of market cycles Asset allocation cannot eliminate the risk of fluctuating prices and uncertain returns. Diversification does not guarantee profit or protect against loss.. Asset Allocation

52. Investor Profile

53. 53 An appropriate investment mix depends on your "profile“ as an investor Choose investments based on your goals Find a comfortable level of risk, and Consider your time horizon Your Investor Profile

54. Oppenheimer Portfolio Series

55. 55 Oppenheimer Portfolio Series Fund of funds — diversified among a variety of underlying mutual funds Premixed portfolios of investments rebalanced by professional investment managers on a regular basis Provides a simplified investment selection process based on your financial goals, time horizon and risk tolerance Diversification does not guarantee a profit or protect against loss. Asset allocation cannot eliminate the risk of fluctuating prices and uncertain returns.. A fund’s performance depends largely on the portfolio manager’s skill in selecting the best mix of investments. The portfolio manager’s evaluations and assumptions regarding the prospects of the global financial markets may be incorrect and the fund’s performance may be adversely affected by his asset allocation decisions. Asset Allocation Funds

56. 56 Conservative Investor Fund Moderate Investor Fund Active Allocation Fund Equity Investor Fund Oppenheimer Portfolio Series

57. 57 Oppenheimer Conservative Investor FundOppenheimer Moderate Investor Fund Product Line – Portfolio Series Target Allocations (As of June 30, 2012) Percentages shown are target allocations. The actual asset allocations of Oppenheimer Portfolio Series Funds may vary and are subject to change in accordance with the prospectus. Oppenheimer Active Allocation FundOppenheimer Equity Investor Fund U.S. Equity U.S. Fixed Income International Equity International Fixed Income Alternatives Active Allocation U.S. Equity U.S. Fixed Income International Equity International Fixed Income Alternatives U.S. Equity U.S. Fixed Income International Equity International Fixed Income Alternatives U.S. Equity U.S. Fixed Income

58. 58 Benefits Professional Asset Allocation Investment expertise of OppenheimerFunds A unique structure and investment approach Disciplined investment process Array of powerful diversifiers Ease of Use Simplified investing with automatic rebalancing

59. 59 Things to Consider Before Investing, Keep in Mind… These portfolios may be appropriate for a retirement plan investment, however, they are not a complete investment program. An investment in a portfolio is not guaranteed and a portfolio can suffer losses, including losses near, at, or after the transition date, and there is no guarantee that a portfolio will provide adequate income at and through the investor’s retirement. Diversification does not assure a profit or protect against loss. In managing the portfolios, the manager will have the authority to select and substitute certain underlying Oppenheimer funds, as designated in the prospectus, and may be subject to potential conflicts of interest because the fees paid to it by some underlying funds are higher than the fees paid by others. However, the manager is obligated to act in each portfolio’s best interests when selecting underlying funds. Each of the underlying funds in which the portfolios invest has its own investment risks, and those risks can affect the value of each portfolio’s shares and investments In addition, there is no guarantee that the underlying funds will achieve their investment objectives. The underlying funds may change their investment objectives or policies without the approval of the portfolio, and a portfolio may be forced to sell its shares of the underlying funds at a disadvantageous time. The Fund's performance depends largely on the portfolio manager's skill in selecting the best mix of investments. The portfolio manager's evaluations and assumptions regarding the prospects of the global financial markets may be incorrect and the Fund's performance may be adversely affected by his asset allocation decisions. Foreign investments (especially those in emerging and developing markets) may be volatile and involve additional expenses and special risks, including currency fluctuations, foreign taxes and political and economic uncertainties. Investments in securities of technology, growth and small-cap companies may be especially volatile. Value investing involves the risk that undervalued securities may not appreciate as anticipated. Fixed income investing entails credit risks and interest rate risks. When interest rates rise, bond prices generally fall, and the Fund's share prices can fall. Below-investment-grade (“high yield” or “junk”) bonds are more at risk of default and are subject to liquidity risk. Derivative instruments, investments whose values depend on the performance of an underlying security, asset, interest rate, index or currency, entail potentially higher volatility and risk of loss compared to traditional stock or bond investments. Because they do not have an active trading market, shares of Real Estate Investment Trusts (REITs) may be illiquid. The lack of an active trading market may make it difficult to value or sell shares of REITs promptly at an acceptable price. In addition, the owning high concentrations of energy-related natural resources may significantly influence returns. Inflation-indexed debt securities are bonds structured to seek to provide protection against inflation. If inflation declines, the principal amount or the interest rate of an inflation-indexed bond will be adjusted downward. This will result in reduced income and may result in a decline in the bond's price which could cause losses for the Fund. Interest payments on inflation-protected debt securities can be unpredictable and will vary as the principal or interest rate is adjusted for inflation. Inflation-indexed debt securities are also subject to the risks associated with investments in fixed income securities. You can obtain additional information about each portfolio, including its glide path design, by visiting our website at oppenheimerfunds.com or calling us at 1.800.525.7048. This information also may be available through your plan sponsor. See the prospectus and, if available, summary prospectus for additional risks of the portfolios and the underlying funds. Oppenheimer Portfolio Series

60. Getting Started

61. 61 Plan Provisions Eligibility Approved Providers Contributions Withdrawals Loans Vesting Statements

62. 62 Getting Started Account application Try to turn it in today Don't forget the due date!

63. Resources

64. 64 Ongoing Personal Support Voice Response Unit (VRU) Statements Quarterly Newsletter Handsignals

65. 65 Next Steps Enroll today! Speak with your plan sponsor for more information Contact your financial advisor

66. 66 ` Thank You! Questions? Shares of Oppenheimer funds are not deposits or obligations of any bank, are not guaranteed by any bank, are not insured by the FDIC or any other agency, and involve investment risks, including the possible loss of the principal amount invested. Before investing in any of the Oppenheimer funds, investors should carefully consider a fund’s investment objectives, risks, charges and expenses. Fund prospectuses and summary prospectuses contain this and other information about the funds, and may be obtained by asking your financial advisor, visiting oppenheimerfunds.com or calling 1.800.525.7048. Read prospectuses and summary prospectuses carefully before investing. This material is provided for general and educational purposes only, and is not intended to provide legal, tax or investment advice, or for use to avoid penalties that may be imposed under U.S. federal tax laws. Contact your attorney or other advisor regarding your specific legal, investment or tax situation. Oppenheimer funds are distributed by OppenheimerFunds Distributor, Inc. Two World Financial Center, 225 Liberty Street, New York, NY 10281-1008 ©Copyright 2010 OppenheimerFunds Distributor, Inc. All rights reserved. RE0000.366.0912 September 30, 2012