David Rayburn

1.5

1.5

Position	Company	Period
Independent Chairman of the Board	Twin Disc Inc	June 1, 2015 -
Independent Director	Lindsay Corp	Nov. 17, 2014 -
Independent Director	Twin Disc Inc	Jan. 1, 2016 -
Independent Director	Twin Disc Inc	July 1, 2000 - June 1, 2015

• Purchase • Sale • Planned purchase • Planned sale Net purchase Net sale Activity signal Earnings

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Abbreviations B: Buy, S: Sell, PP: Planned purchase, PlS: Planned sale, PrS: Proposed sale, O: Option / Other

Notification date	Transaction date	Company	B/S Transaction type	Nb. shares Price Value	Number of shares	Price	Value
2020-05-11	2020-05-08	Twin Disc Inc (TWIN)	B Purchase	74,271 -2.7% 194.38 US$1,533,849	74,271 -2.7%	194.38	US$1,533,849
2020-05-08	2020-05-07	Twin Disc Inc (TWIN)	B Purchase	64,074 -48.9% 101.97 US$3,865,253	64,074 -48.9%	101.97	US$3,865,253
2020-05-08	2020-05-06	Twin Disc Inc (TWIN)	B Purchase	71,191 -1.2% 81.59 US$2,240,292	71,191 -1.2%	81.59	US$2,240,292