Lazy W Angus Ranch. Selling. Sunday April 17, p.m. (CDT) At the ranch, 7846 Hwy. 281, Cando, ND (4 1/2 miles N of Jct.

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1 Lazy W Angus Ranch Production Sale New Dattioen! & Loca Sunday April 17, p.m. (CDT) At the ranch, 7846 Hwy. 281, Cando, ND (4 1/2 miles N of Jct. 281 & 17) Lazy W Mr Tauros P025 - Lot 25 Selling 30 Yearling Black Angus Bulls 30 Yearling Replacement Heifers

2 Lazy W Angus Ranch New Date & Location! Production Sale Sunday April 17, p.m. (CDT) At the ranch, 7846 Hwy. 281, Cando, ND (4 1/2 miles N of Jct. 281 & 17) SALE LOCATION: At the ranch 7846 Hwy. 281, Cando, ND. (4 1/2 miles N of Jct 17 & 281). SALE DAY PHONES: Tom Freund (701) Vern Frey, Sale Consultant Rod Geppert, Regional Manager, American Angus Association, SALES REPRESENTATIVES: Rod Geppert, Regional Manager, American Angus Association, (605) Vern Frey, Frey Livestock Sales & Service (701) INSPECTION OF CATTLE: Any time at the ranch. HEALTH: Bulls and heifers have had 7-way with Haemophilus and booster, Virashield 6 and booster, Pasturella Pneumonia vaccine and poured with Dectomax. SUPPLEMENTAL INFORMATION: Scrotal measurements and ultrasound data will be available sale day. Bulls will be semen tested and guaranteed breeders. Heifers will be pregnancy tested and guaranteed open. DELIVERY: Delivery arrangements can be made sale day. Free delivery for the first 300 miles and then for cost after that. FEEDING: Feeding arrangements after the sale will be $2.50 per day. GUARANTEE: All bulls selling are guaranteed against breeding injury for the first breeding season. Breeding season is defined as the 90-day period following the first turnout of the bull. If a replacement bull is available and comparable, he will be provided or a full refund less salvage value. Bulls must be checked by a licensed veterinarian. LIABILITY: All persons who attend this sale do so at their own risk, legal or otherwise. The owner and the sale staff assume no liability for property loss or any accidents that may occur. SALE TERMS & CONDITIONS: Cash or good check. Cattle will sell under the suggested Terms and Conditions of the American Angus Association (http://www. angus.org/pub/suggested_sale_terms.pdf). Except for those stated in the Terms and Conditions, there are no warranties either expressed or implied, as to the merchantability or fitness for a particular purpose, with respect to the cattle being sold at this auction. The warranties and guarantees set forth in the Terms and Conditions are in lieu of all other warranties, either expressed or implied and the remedies provided therein shall be the sole and exclusive remedy of the buyer, or any party claiming through the buyer, for any breach of warranty or guarantee therein provided and all other obligations or liabilities. Buyers unable to attend the sale may send their bids to the sale representatives. LUNCH: Available at the ranch. Visit the Angus Journal Web site, and view this sale book online. References: American Angus Association, AHIR, AngusSource, CAB, Pathfinder. EPDs current as of March 18, Updated EPDs can be viewed online at Lazy W Angus Ranch th St. NE, Cando, ND Wayne and Marguerite Freund Tom and Judy Freund (701) Home (701) Cell

3 Lazy W Angus Ranch th St. NE, Cando, ND Welcome to our annual bull and heifer production sale! We would like to take this opportunity to thank all of our past and future customers for having taken an interest in our program whether it be purchasing or just taking the time to look at the cattle. We would not be here if it were not for you! It is with great pleasure that we offer you this fine set of bulls and heifers. It is our goal to raise bulls and heifers that will put growth, fertility, longevity and calving ease into their offspring while at the same time being nice to look at. We feel that the bulls are long, deep and full of muscle while being sound on their feet and legs and in nice condition for breeding while not falling apart at the end of the year. The heifers are very feminine with plenty of length and growth that will benefit many livestock programs. The bulls will be semen tested and the heifers will be pregnancy tested and guaranteed open. A supplement sheet will be provided sale day with scrotal and ultrasound data. Please feel free to call or stop by the ranch any time to visit or to look at the cattle. W It is our pleasure to answer any questions that you may have. We decided to have our sale at the ranch so that it would be easier on both the cattle and us and let you see the environment that the cattle are raised and fed in. We hope to see you on Sunday, the 17th of April, 2016 at our ranch at 2:00 pm (CST). If you are unable to attend please give Rod Geppert (AAA Regional Rep.) or Vern Frey a call and they will help you pick out some outstanding bulls and heifers. We would love to assist in any way possible. Thank you so much for your business and may you have a profitable and fulfilling year. Sincerely, Lazy W Angus Ranch Wayne, Marguerite and Jason Freund Tom, Judy, Joe, Eliza and Cecilia Freund F Marguerite, Jason & Wayne Joe, Tom, Cecilia, Judy & Eliza 1

4 A Reference Sires [OHP-DDF] [DDP] Birth Date: Bull Tattoo: L004 #SS Traveler 6807 T510 #DHD Traveler 6807 SS Objective T510 0T26 #SS Miss Hi Spade A114 # SS Miss Rita R011 7R8 SS Rito Rito R76 R SS Miss Ultress U Mc Cumber 204 Mr Wix 040 #Mr Wix of Mc Cumber 204 Lazy W Miss Wix E019 Blackcap 543 of Mc Cumber #Lazy W Miss Kruger C003 FAR Krugerrand 292H Lazy W Miss Hi Spade T Marb RE C Birth Date: Bull Tattoo: H041 #SS Traveler 6807 T510 #DHD Traveler 6807 SS Objective T510 0T26 #SS Miss Hi Spade A114 # SS Miss Rita R011 7R8 SS Rito Rito R76 R SS Miss Ultress U FAR Krugerrand 292H #Krugerrand of Donamere 490 Lazy W Miss Kruger Fame FAR Karama 124E Tokach Barbaras 8573 #SAF Fame Tokach Barbaras Marb RE B Lazy W Mr Up M058 [DDF] Birth Date: Bull Tattoo: M058 Sitz Henrietta Pride 81M WL IF Pride Lucy WL 2385 Pride Lucy #SS Objective T510 0T26 #SS Traveler 6807 T510 Lazy W Miss Objective I010 SS Miss Rita R011 7R Lazy W Miss Krugerrand G068 Lazy W Krugerrand E008 FAR Queen 84R Marb RE D [OHP-DDF] Birth Date: Bull Tattoo: K033 #Connealy Lead On Sitz Upward 307R Altune of Conanga 6104 # Sitz Henrietta Pride 81M #Sitz Value Sitz Henrietta Pride #SAF Focus of ER Lazy W Miss MYTTY Stock H011 Mytty Countess Lazy W Stockmaker F069 Lazy Bud Hi Spade W001 Lazy W Miss Amy Chip W Marb RE Lazy W Bulls 7 Lazy W Mr Spud P007 [DDP] Birth Date: Bull Tattoo: P007 #SS Objective T510 0T26 #SS Traveler 6807 T510 SS Miss Rita R011 7R Lazy W Miss Kruger Fame FAR Krugerrand 292H Tokach Barbaras Lazy W Frontier F019 #+B/R New Frontier 095 Lazy W Miss Frontier H095 FAR Erica 243G Lazy W Miss Wix E088 Mc Cumber 204 Mr Wix 040 FAR Missie 497G Lazy W Mr Spud P007 - Lot 7 8 Lazy W Northstar P008 [DDP] Birth Date: Bull Tattoo: P008 #SS Objective T510 0T26 #SS Traveler 6807 T510 SS Miss Rita R011 7R Lazy W Miss Kruger Fame FAR Krugerrand 292H Tokach Barbaras #HARB Pendleton 765 JH #SAV Final Answer 0035 [RDF] Lazy W Miss Pendleton J034 #HARB Black Lady 375 JH Lazy W Miss Objective F010 #SS Objective T510 0T26 Lazy W Miss Wix D Lazy W Northstar P008 - Lot 8 2

5 16 Lazy W Mr Up P016 [OHP] Birth Date: Bull Tattoo: P016 Sitz Henrietta Pride 81M Lazy W Stockmaker F Cole Creek Goldmere 110M Juanada Goldmere of PJM KNM Miss Wix 556 Cole Creek Juanadamere KNM Miss Wix 239 KNM Abundance 906 KNM Miss Wix Lazy W Bulls 23 Lazy W Mr Tanner P023 [DDP] Birth Date: Bull Tattoo: P023 #SS Objective T510 0T26 #SS Traveler 6807 T510 SS Miss Rita R011 7R Lazy W Miss Kruger Fame FAR Krugerrand 292H Tokach Barbaras Tokach New Frontier 3198 #+B/R New Frontier 095 Blake Madge 2617 #Tokach Erica Eileen Blake Miss Dividend 681 Foxs Dividend 134 #Blake Miss Cornhusker Lazy W Mr Up P016 - Lot Lazy W Muky P024 [OHP] Birth Date: Bull Tattoo: P024 #SS Objective T510 0T26 #SS Traveler 6807 T510 SS Miss Rita R011 7R Lazy W Miss Wix E019 Mc Cumber 204 Mr Wix #Lazy W Miss Kruger C #SS Objective T510 0T26 #SS Traveler 6807 T510 Lazy W Miss Objective I017 SS Miss Rita R011 7R # Lazy W Miss Focus G003 Lazy W Miss Wix E Dam is a Pathfinder. Lazy W Mr Tanner P023 - Lot Lazy W Mr Tauros P025 - Lot 25 Lazy W Mr Tauros P025 Birth Date: Bull Tattoo: P025 Lazy W Mr Up M058 WL IF Pride Lucy Lazy W Miss Objective I010 #SS Objective T510 0T Lazy W Miss Krugerrand G Mc Cumber 204 Mr Wix 040 #Mr Wix of Mc Cumber 204 Lazy W Miss Wix D004 Blackcap 543 of Mc Cumber Lazy W Miss Travel 039 FAR Hi Spade 164C Lazy W Miss Traveler 4W

6 Lazy W Bulls 32 Lazy W Mr Object P032 [DDP-OHP] Birth Date: Bull Tattoo: P032 #SS Objective T510 0T26 #SS Traveler 6807 T510 SS Miss Rita R011 7R Lazy W Miss Wix E019 Mc Cumber 204 Mr Wix #Lazy W Miss Kruger C #SAF Focus of ER Lazy W Miss Design L009 Mytty Countess Lazy W Miss Design H031 Lazy W Design F006 Lazy W Miss Star Lazy W Mr Object P032 - Lot 32 Lazy W Mr Up P033 - Lot Lazy W Mr Up P033 [OHP] Birth Date: Bull Tattoo: P033 Sitz Henrietta Pride 81M Lazy W Stockmaker F FAR Krugerrand 292H #Krugerrand of Donamere 490 Lazy W Miss Kruger C003 FAR Karama 124E # Lazy W Miss Hi Spade T011 FAR Hi Spade 164C Miss Lazy W 515T Dam is a Pathfinder. 34 Lazy W Mr Object P034 [DDP] Birth Date: Bull Tattoo: P034 #SS Objective T510 0T26 #SS Traveler 6807 T510 SS Miss Rita R011 7R Lazy W Miss Kruger Fame FAR Krugerrand 292H Tokach Barbaras #SAF Focus of ER Lazy W Miss Focus G003 Mytty Countess Lazy W Miss Wix E088 Mc Cumber 204 Mr Wix 040 FAR Missie 497G Lazy W Mr Object P034 - Lot Lazy W Mr Object P035 [DDP] Birth Date: Bull Tattoo: P035 #SS Objective T510 0T26 #SS Traveler 6807 T510 SS Miss Rita R011 7R Lazy W Miss Kruger Fame FAR Krugerrand 292H Tokach Barbaras #SAF Focus of ER Lazy W Miss Focus I009 Mytty Countess Lazy W Miss Krugerrand G078 FAR Krugerrand 292H FAR Princess 67M Lazy W Mr Object P035 - Lot 35 4

7 Lazy W Bulls Commercial Bull P Birth Date: Tattoo: P043 BW: 80; Weight as of 2/27/2016 1,010. Sire: 38 Lazy W Mr Up P038 - Lot 38 Lazy W Mr Up P038 [DDP] Birth Date: Bull Tattoo: P038 Lazy W Mr Up M058 WL IF Pride Lucy Lazy W Miss Objective I010 #SS Objective T510 0T26 Lazy W Miss Krugerrand G #SS Objective T510 0T26 Lazy W Miss Objective J118 Lazy W Miss Kruger Fame Blake Madge 2617 Tokach New Frontier 3198 Blake Miss Dividend Lazy W Mr Object P040 [DDP-OHP] Birth Date: Bull Tattoo: P040 #SS Objective T510 0T26 #SS Traveler 6807 T510 SS Miss Rita R011 7R Lazy W Miss Kruger Fame FAR Krugerrand 292H Tokach Barbaras Lazy W Frontier F019 #+B/R New Frontier 095 Lazy W Miss Frontier H078 FAR Erica 243G #Lazy W Miss Starstruck T030 FAR Starstruck 217C Lazy W Miss Val 629T Lazy W Mr Object P044 [DDP-OHP] Birth Date: Bull Tattoo: P044 #SS Objective T510 0T26 #SS Traveler 6807 T510 SS Miss Rita R011 7R Lazy W Miss Kruger Fame FAR Krugerrand 292H Tokach Barbaras #SAV Final Answer 0035 [RDF] #Sitz Traveler 8180 Lazy W Miss Wix K003 SAV Emulous Lazy W Miss Wix E019 Mc Cumber 204 Mr Wix 040 #Lazy W Miss Kruger C Lazy W Mr Object P046 [DDP-OHP] Birth Date: Bull Tattoo: P046 #SS Objective T510 0T26 #SS Traveler 6807 T510 SS Miss Rita R011 7R Lazy W Miss Kruger Fame FAR Krugerrand 292H Tokach Barbaras Lazy W Frontier F013 #+B/R New Frontier 095 Lazy W Miss Frontier H063 Lazy W Miss Val 6A Lazy W Stockmaker F021 Lazy Bud Hi Spade W001 Lazy W Miss Traveler 503W Lazy W Bulker P041 - Lot 41 Lazy W Bulker P041 Birth Date: Bull Tattoo: P041 Lazy W Mr Up M058 WL IF Pride Lucy Lazy W Miss Objective I010 #SS Objective T510 0T26 Lazy W Miss Krugerrand G HA Topper 7015 #HA Traveler 2041 TNT MS Topper 843 HA Rito Blackcap Baldridge Ideal S114 #Hyline Right Time 338 Baldridge Ideal L8O Lazy W Mr Object P049 - Lot 49 Lazy W Mr Object P049 [DDP] Birth Date: Bull Tattoo: P049 #SS Objective T510 0T26 #SS Traveler 6807 T510 SS Miss Rita R011 7R Lazy W Miss Kruger Fame FAR Krugerrand 292H Tokach Barbaras #SAF Focus of ER Lazy W Miss Focus G005 Mytty Countess Fast Primrose Lady GN 5132 Connealy LT 816 Fast Primrose Lady P

8 50 Lazy W Mr Object P050 [DDP-OHP] Birth Date: Bull Tattoo: P050 #SS Objective T510 0T26 #SS Traveler 6807 T510 SS Miss Rita R011 7R Lazy W Miss Kruger Fame FAR Krugerrand 292H Tokach Barbaras Lazy W Frontier F018 #+B/R New Frontier 095 Lazy W Miss Frontier H086 Lazy W Miss Hi Spade Fast Primrose Pfred 545 #Summitcrest Hi Flyer 3B18 Fast Primrose NA Lazy W Bulls Lazy W Mr Up P054 - Lot Lazy W Manutaur P052 - Lot 52 Lazy W Manutaur P052 [OHP] Birth Date: Bull Tattoo: P052 Sitz Henrietta Pride 81M Lazy W Stockmaker F Mc Cumber 204 Mr Wix 040 #Mr Wix of Mc Cumber 204 Lazy W Miss Wix E059 Blackcap 543 of Mc Cumber Lazy W Miss Val 436 Blake Valedictorian 199 Lazy W Viking Lazy W Mr Up P054 [OHP] Birth Date: Bull Tattoo: P054 Sitz Henrietta Pride 81M Lazy W Stockmaker F #MF Destroyer 093 Exar Sudden Impact 1537 Blake Thickset 4379 MF Cherry Blake Thickset 2717 Buffalos Conclusive BN46 Blake Miss Bruno W Commercial Bull P058 - Lot Lazy W Mr Up P053 - Lot 53 Lazy W Mr Up P053 [OHP] Birth Date: Bull Tattoo: P053 Sitz Henrietta Pride 81M Lazy W Stockmaker F #SS Objective T510 0T26 #SS Traveler 6807 T510 Lazy W Miss Objective H015 SS Miss Rita R011 7R Jar Annie 941 #Krugerrand of Donamere 490 JAR Annie Commercial Bull P058 Birth Date: Tattoo: P058 BW: 81; Weight as of 2/27/ [OHP] Birth Date: Bull Tattoo: P062 Sitz Henrietta Pride 81M Lazy W Stockmaker F Watchwind Illuminator 22 #SAF Focus of ER Fast Primrose Lady I 589 Watchwind Katinka JRF Primrose Lady MP 758 Papa 2813 MP 002 JRF Primrose Lady D

9 Lazy W Bulls 67 Lazy W Mr Object P067 - Lot 67 Lazy W Mr Object P067 [OHP] Birth Date: Bull Tattoo: P067 #SS Objective T510 0T26 #SS Traveler 6807 T510 SS Miss Rita R011 7R Lazy W Miss Wix E019 Mc Cumber 204 Mr Wix 040 #Lazy W Miss Kruger C Lazy W Miss Kruger K050 Sitz Henrietta Pride 81M Lazy W Miss Kruger C053 FAR Krugerrand 292H Bar Mac Kenzie 1625 of I+.38 I Lazy W Mr Up P068 - Lot 68 Lazy W Mr Up P068 [OHP] Birth Date: Bull Tattoo: P068 Sitz Henrietta Pride 81M Lazy W Stockmaker F #SS Objective T510 0T26 #SS Traveler 6807 T510 Lazy W Miss Objective I010 SS Miss Rita R011 7R Lazy W Miss Krugerrand G068 Lazy W Krugerrand E008 FAR Queen 84R I+.60 I Lazy W Mr Up P070 [DDP-OHP] Birth Date: Bull Tattoo: P070 Sitz Henrietta Pride 81M Lazy W Stockmaker F JRF Rancher 0125 Opp Rancher 17 Fast Matilda FR 5124 JRF Primrose Lady L Fast Matilda #Bon View New Design 878 Fast Matilda DD I+.58 I Lazy W Taurus P073 [OHP] Birth Date: Bull Tattoo: P073 Sitz Henrietta Pride 81M Lazy W Stockmaker F #Bon View New Design 878 #B/R New Design 036 Lazy W Miss Design I021 Bon View Gammer Fast Primrose Lady I 5102 Watchwind Illuminator 22 Fast Primrose Lady A I+.53 I Sitz Henrietta Pride 81M Lazy W Stockmaker F Sik Kahuna 287 JK Kahuna 530 Blake Madge 9759 #Sik Jenny # Blake Madge 2615 Prairie Pride Direction 75 Blake Miss Dividend I+.45 I Dam is a Pathfinder. 86 Lazy W Volcano P079 [DDP-OHP] Birth Date: Bull Tattoo: P079 Lazy W Bandit P086 [DDP-OHP] Birth Date: Bull Tattoo: P086 #SS Objective T510 0T26 #SS Traveler 6807 T510 SS Miss Rita R011 7R Lazy W Miss Kruger Fame FAR Krugerrand 292H Tokach Barbaras #SAF Focus of ER Lazy W Miss MYTTY Stock H005 Mytty Countess Lazy W Miss Stockman F008 #TC Stockman 365 #Lazy W Miss Starstruck T I+.57 I N/A N/A Lazy W Taurus P073 - Lot 73 Lazy W Mr Up P094 [OHP] Birth Date: Bull Tattoo: P094 Sitz Henrietta Pride 81M Lazy W Stockmaker F #SAV Final Answer 0035 [RDF] #Sitz Traveler 8180 Lazy W Miss America K010 SAV Emulous Lazy W Miss Objective H020 #SS Objective T510 0T26 Lazy W Miss Amy Chip W I+.55 I N/A N/A 2-109

10 Lazy W Heifers Lazy W Miss Ava Lee P012 [DDP] Birth Date: Cow Tattoo: P012 #SS Objective T510 0T26 #SS Traveler 6807 T510 SS Miss Rita R011 7R Lazy W Miss Kruger Fame FAR Krugerrand 292H Tokach Barbaras MOGCK Whispering Wind 48 #MOGCK Whispering Wind 584 JAR Ava Lee #MOGCK Rosebud JAR Ava Lee #TC Aberdeen 759 +JAR Ava Lee Birth Date: Cow Tattoo: P Lazy W Miss Krugerrand G #SS Objective T510 0T26 Lazy W Miss Focus M035 Lazy W Miss Kruger Fame Lazy W Miss Focus G003 Lazy W Miss Wix E Commercial Heifer P005 Lazy W Mr Up M058 WL IF Pride Lucy Lazy W Miss Objective I010 #SS Objective T510 0T26 6 Commercial Heifer P005 - Lot 5 Lazy W Miss Cecilia P006 [OHP] Birth Date: Cow Tattoo: P006 #SS Objective T510 0T26 #SS Traveler 6807 T510 SS Miss Rita R011 7R Lazy W Miss Wix E019 Mc Cumber 204 Mr Wix 040 #Lazy W Miss Kruger C Lazy W Miss Cecilia M055 Sitz Henrietta Pride 81M Lazy W Miss Focus G013 Lazy W Miss Hi Spade T Lazy W Miss Focus P013 [DDP] Lazy W Miss Object P014 [OHP] Birth Date: Cow Tattoo: P014 #SS Objective T510 0T26 #SS Traveler 6807 T510 SS Miss Rita R011 7R Lazy W Miss Wix E019 Mc Cumber 204 Mr Wix 040 #Lazy W Miss Kruger C Lazy W Miss Object M069 Lazy W Miss MYTTY Stock H #Lazy W Miss Objective I017 #SS Objective T510 0T26 Lazy W Miss Focus G Lazy W Miss Thickset P015 - Lot 15 Lazy W Miss Design P017 - Lot Lazy W Miss Thickset P015 [OHP] Birth Date: Cow Tattoo: P015 #SS Objective T510 0T26 #SS Traveler 6807 T510 SS Miss Rita R011 7R Lazy W Miss Wix E019 Mc Cumber 204 Mr Wix 040 #Lazy W Miss Kruger C Lazy W Miss Thickset L056 WL IF Pride Lucy Blake Thickset 4379 #MF Destroyer 093 Blake Thickset Lazy W Miss Design P017 [DDP] Birth Date: Cow Tattoo: P017 #SS Objective T510 0T26 #SS Traveler 6807 T510 SS Miss Rita R011 7R Lazy W Miss Kruger Fame FAR Krugerrand 292H Tokach Barbaras #Bon View New Design 878 #B/R New Design 036 Lazy W Miss Design878 Bon View Gammer #BSF Miss Nicki JWKND M10 JWK New Design 0028 Kramers Elixer Nicki

11 Lazy W Heifers 18 Lazy W Miss Krugerrand P018 [OHP] Birth Date: Cow Tattoo: P018 #SS Objective T510 0T26 #SS Traveler 6807 T510 SS Miss Rita R011 7R Lazy W Miss Wix E019 Mc Cumber 204 Mr Wix 040 #Lazy W Miss Kruger C FAR Krugerrand 292H #Krugerrand of Donamere 490 Lazy W Miss Krugerrand E087 FAR Karama 124E Lazy W Miss Battle ForceB036 Greens Battle Force 7330 Jar Annie Lazy W Miss Objective P022 [OHP] Birth Date: Cow Tattoo: P022 Sitz Henrietta Pride 81M Lazy W Stockmaker F #SS Objective T510 0T26 #SS Traveler 6807 T510 Lazy W Miss Objective H020 SS Miss Rita R011 7R Lazy W Miss Amy Chip W021 HC Stockmaker 805 FAR Miss Amy 65G Lazy W Miss Krugerrand P018 - Lot 28 Lazy W Miss Pendleton P027 - Lot 27 Lazy W Miss Pendleton P027 Birth Date: Cow Tattoo: P027 Lazy W Mr Up M058 WL IF Pride Lucy Lazy W Miss Objective I010 #SS Objective T510 0T26 Lazy W Miss Krugerrand G #SS Objective T510 0T26 Lazy W Miss Pendleton L034 Lazy W Miss Kruger Fame Lazy W Miss Pendleton J007 #HARB Pendleton 765 JH Fast Primrose Lady GN Lazy W Miss Spade P028 [DDP-OHP] Birth Date: Cow Tattoo: P028 #SS Objective T510 0T26 #SS Traveler 6807 T510 SS Miss Rita R011 7R Lazy W Miss Wix E019 Mc Cumber 204 Mr Wix 040 #Lazy W Miss Kruger C Lazy Bud Hi Spade W001 HC Stockmaker 805 Lazy W Miss Hi Spade G070 FAR Rosebud 406G Lazy W Miss Krugerrand D005 FAR Krugerrand 292H Lazy W Miss Traveler 503W Lazy W Miss Spade P028 - Lot 28 Lazy W Miss Primrose P029 - Lot 29 Lazy W Miss Primrose P029 [OHP] Birth Date: Cow Tattoo: P029 Sitz Henrietta Pride 81M Lazy W Stockmaker F JRF Rancher 0125 Opp Rancher 17 Fast Primrose Queen FR 574 JRF Primrose Lady L Fast Primrose Queen ST 325 #+SAF Strategy 9015 #JRF Primrose Queen RR

12 Lazy W Heifers 30 Lazy W Miss MYTTY P030 [DDP-OHP] Birth Date: Cow Tattoo: P030 #SS Objective T510 0T26 #SS Traveler 6807 T510 SS Miss Rita R011 7R Lazy W Miss Kruger Fame FAR Krugerrand 292H Tokach Barbaras #SAF Focus of ER Lazy W Miss MYTTY Stock H011 Mytty Countess Lazy W Stockmaker F069 Lazy Bud Hi Spade W001 Lazy W Miss Amy Chip W Lazy W Miss MYTTY P030 - Lot 30 Lazy W Miss Kacey P031 [OHP] Birth Date: Cow Tattoo: P031 Lazy W Mr Up M058 WL IF Pride Lucy Lazy W Miss Objective I010 #SS Objective T510 0T26 Lazy W Miss Krugerrand G Lazy W Miss Kacey M013 Sitz Henrietta Pride 81M Lazy W Miss Objective H024 #SS Objective T510 0T26 Blake Dottie Lazy W Miss Design P042 [DDP-OHP] Birth Date: Cow Tattoo: P042 #SS Objective T510 0T26 #SS Traveler 6807 T510 SS Miss Rita R011 7R Lazy W Miss Kruger Fame FAR Krugerrand 292H Tokach Barbaras Lazy W Design F006 #Bon View New Design 878 Lazy W Miss Design H049 #BSF Miss Nicki JWKND M Lazy W Stockmaker F027 Lazy Bud Hi Spade W001 Lazy W Miss Hi Spade T Lazy W Miss Design P042 - Lot 42 Lazy W Miss Rosetta P045 [OHP] Birth Date: Cow Tattoo: P045 #SS Objective T510 0T26 #SS Traveler 6807 T510 SS Miss Rita R011 7R Lazy W Miss Wix E019 Mc Cumber 204 Mr Wix 040 #Lazy W Miss Kruger C Lazy W Miss Rosetta M018 Sitz Henrietta Pride 81M KNM Rosetta 571 Cole Creek Ferdinand 508 Rosetta 640 of Best Angus Lazy W Miss Spade P037 - Lot 37 Lazy W Miss Spade P037 [DDP-OHP] Birth Date: Cow Tattoo: P037 Lazy W Mr Up M058 WL IF Pride Lucy Lazy W Miss Objective I010 #SS Objective T510 0T26 Lazy W Miss Krugerrand G #SS Objective T510 0T26 #SS Traveler 6807 T510 Lazy W Miss Spade L036 SS Miss Rita R011 7R Lazy W Miss Bud Spade C041 Lazy Bud Hi Spade W001 BAR Rito 171 of Lazy W Miss Molly P047 [DDP-OHP] Birth Date: Cow Tattoo: P047 #SS Objective T510 0T26 #SS Traveler 6807 T510 SS Miss Rita R011 7R Lazy W Miss Wix E019 Mc Cumber 204 Mr Wix 040 #Lazy W Miss Kruger C Lazy W Miss Molly M021 Sitz Henrietta Pride 81M Lazy W Miss Frontier H104 Lazy W Frontier F018 KNM Rosetta Lazy W Miss Lea P048 [DDP-OHP] Birth Date: Cow Tattoo: P048 #SS Objective T510 0T26 #SS Traveler 6807 T510 SS Miss Rita R011 7R Lazy W Miss Kruger Fame FAR Krugerrand 292H Tokach Barbaras #SAF Focus of ER Lazy W Miss MYTTY H021 Mytty Countess Lazy W Miss HI Spade E013 Lazy Bud Hi Spade W001 FAR Miss Millie 52G

13 56 Lazy W Miss Frontier P056 [OHP] Birth Date: Cow Tattoo: P056 Sitz Henrietta Pride 81M Lazy W Stockmaker F Lazy W Frontier F019 #+B/R New Frontier 095 Lazy W Miss Frontier H093 FAR Erica 243G Lazy W Miss Krugerrand D009 FAR Krugerrand 292H BAR Haymaker of Lazy W Miss Focus P063 [DDP] Birth Date: Cow Tattoo: P063 #SS Objective T510 0T26 #SS Traveler 6807 T510 SS Miss Rita R011 7R Lazy W Miss Kruger Fame FAR Krugerrand 292H Tokach Barbaras Lazy W Focus G012 Lazy W Miss Focus I104 KNM Rosetta Blake Madge 2617 Tokach New Frontier 3198 Blake Miss Dividend Lazy W Miss Frontier P056 - Lot 56 Lazy W Miss Focus P063 - Lot 63 Lazy W Miss Stockmaker P064 [DDP-OHP] Birth Date: Cow Tattoo: P064 Lazy W Mr Up M058 WL IF Pride Lucy Lazy W Miss Objective I010 #SS Objective T510 0T26 Lazy W Miss Krugerrand G Lazy Bud Hi Spade W001 HC Stockmaker 805 Lazy W Miss Stockmaker D061 FAR Rosebud 406G Tokach Eileen 8571 #TC Stockman 365 Tokach Eileen Lazy W Heifers Lazy W Miss Krugerrand P069 [DDP-OHP] Birth Date: Cow Tattoo: P069 Sitz Henrietta Pride 81M Lazy W Stockmaker F Lazy W Krugerrand E008 FAR Krugerrand 292H Lazy W Miss Krugerrand G072 Lazy W Miss Travel # Lazy W Miss Battle ForceB036 Greens Battle Force 7330 Jar Annie I+.28 I Dam is a Pathfinder. 72 Lazy W Miss Objective P072 [OHP] Birth Date: Cow Tattoo: P072 Sitz Henrietta Pride 81M Lazy W Stockmaker F #SS Objective T510 0T26 #SS Traveler 6807 T510 Lazy W Miss Objective I024 SS Miss Rita R011 7R Lazy W Miss Focus G013 Lazy W Miss Hi Spade T I+.63 I Lazy W Miss Annie P076 [OHP] Birth Date: Cow Tattoo: P076 #SS Objective T510 0T26 #SS Traveler 6807 T510 SS Miss Rita R011 7R Lazy W Miss Wix E019 Mc Cumber 204 Mr Wix 040 #Lazy W Miss Kruger C Lazy W Miss Annie K014 Sitz Henrietta Pride 81M Lazy W Miss Battle ForceB036 Greens Battle Force 7330 Jar Annie I+.32 I Lazy W Miss Primrose P077 [OHP] Birth Date: Cow Tattoo: P077 Sitz Henrietta Pride 81M Lazy W Stockmaker F #Summitcrest Hi Flyer 3B18 #Hoff Hi Flyer SC 7134 Fast Primrose Pfred 545 #Summitcrest Lass 229Y Fast Primrose NA 326 Bushs New Age Fast Primrose RR I+.44 I

14 Lazy W Heifers Lazy W Miss Marie P084 [DDP] 84 Birth Date: Cow Tattoo: P084 Lazy W Mr Up M058 WL IF Pride Lucy Lazy W Miss Objective I010 #SS Objective T510 0T26 Lazy W Miss Krugerrand G Lazy W Miss Marie M048 Sitz Henrietta Pride 81M Lazy W Miss Objective I020 #SS Objective T510 0T26 Lazy W Miss Wix G I+.61 I N/A N/A Lazy W Miss Mary Ellen P080 - Lot Lazy W Miss Mary Ellen P080 Birth Date: Cow Tattoo: P080 Lazy W Mr Up M058 WL IF Pride Lucy Lazy W Miss Objective I010 #SS Objective T510 0T26 Lazy W Miss Krugerrand G #SS Objective T510 0T26 #SS Traveler 6807 T510 Lazy W Miss Objective F010 SS Miss Rita R011 7R Lazy W Miss Wix D004 Mc Cumber 204 Mr Wix 040 Lazy W Miss Travel I+.55 I Lazy W Miss Pamela P087 Birth Date: Cow Tattoo: P087 Lazy W Mr Up M058 WL IF Pride Lucy Lazy W Miss Objective I010 #SS Objective T510 0T26 Lazy W Miss Krugerrand G #SS Objective T510 0T26 #SS Traveler 6807 T510 Lazy W Miss Krugerrand L021 SS Miss Rita R011 7R Lazy W Miss Krugerrand E087 FAR Krugerrand 292H Lazy W Miss Battle ForceB I+.57 I N/A N/A Lazy W Miss Casey P083 Birth Date: Cow Tattoo: P083 Lazy W Mr Up M058 WL IF Pride Lucy Lazy W Miss Objective I010 #SS Objective T510 0T26 Lazy W Miss Krugerrand G #SS Objective T510 0T26 #SS Traveler 6807 T510 Lazy W Miss Primrose M006 SS Miss Rita R011 7R Fast Primrose Queen FR 574 JRF Rancher 0125 Fast Primrose Queen ST I+.67 I Lazy W Miss Casey P083 - Lot 83 Thanks for Coming! 12

15 American Angus Association Selection Tools Expected Progeny Difference (EPD), is the prediction of how future progeny of each animal are expected to perform relative to the progeny of other animals listed in the database. EPDs are expressed in units of measure for the trait, plus or minus. Interim EPDs may appear on young animals when their performance has yet to be incorporated into the American Angus Association National Cattle Evaluation (NCE) procedures. This EPD will be preceded by an I, and may or may not include the animal s own performance record for a particular trait, depending on its availability, appropriate contemporary grouping, or data edits needed for NCE. Accuracy (ACC), is the reliability that can be placed on the EPD. An accuracy of close to 1.0 indicates higher reliability. Accuracy is impacted by the number of progeny and ancestral records included in the analysis. GROWTH Calving Ease Direct (CED), is expressed as a difference in percentage of unassisted births, with a higher value indicating greater calving ease in first- calf heifers. It predicts the average difference in ease with which a sire s calves will be born when he is bred to first-calf heifers. Birth Weight EPD (BW), expressed in pounds, is a predictor of a sire s ability to transmit birth weight to his progeny compared to that of other sires. Weaning Weight EPD (WW), expressed in pounds, is a predictor of a sire s ability to transmit weaning growth to his progeny compared to that of other sires. Residual Average Daily Gain (RADG), feed efficiency expressed in pounds per day, is a predictor of a sire s genetic ability for postweaning gain in future progeny compared to that of other sires, given a constant amount of feed consumed. Yearling Weight EPD (YW), expressed in pounds, is a predictor of a sire s ability to transmit yearling growth to his progeny compared to that of other sires. Yearling Height EPD (YH), is a predictor of a sire s ability to transmit yearling height, expressed in inches, compared to the that of other sires. Scrotal Circumference EPD (SC), expressed in centimeters, is a predictor of the difference in transmitting ability for scrotal size compared to that of other sires. Docility (DOC), is expressed as a difference in yearling cattle temperament, with a higher value indicating more favorable docility. It predicts the average difference of progeny from a sire in comparison with another sire s calves. MATERNAL Heifer Pregnancy (HP), is a selection tool to increase the probability or chance of a sire s daughters becoming pregnant as first calf heifers during a normal breeding season. A higher EPD is the more favorable direction, and the EPD is reported in percentage units. Calving Ease Maternal (CEM), is expressed as a difference in percentage of unassisted births with a higher value indicating greater calving ease in first-calf daughters. It predicts the average ease with which a sire s daughters will calve as first-calf heifers when compared to daughters of other sires. Maternal Milk EPD (Milk), is a predictor of a sire s genetic merit for milk and mothering ability as expressed in his daughters compared to daughters of other sires. In other words, it is that part of a calf s weaning weight attributed to milk and mothering ability. Mature Weight EPD (MW), expressed in pounds, is a predictor of the difference in mature weight of daughters of a sire compared to the daughters of other sires. Mature Height EPD (MH), expressed in inches, is a predictor of the difference in mature height of a sire s daughters compared to daughters of other sires. Cow Energy Value ($EN), expressed in dollars savings per cow per year, assesses differences in cow energy requirements as an expected dollar savings difference in daughters of sires. A larger value is more favorable when comparing two animals (more dollars saved on feed energy expenses). Components for computing the cow $EN savings difference include lactation energy requirements and energy costs associated with differences in mature cow size. CARCASS The genetic evaluation produces a single set of EPDs for carcass weight, marbling score, Ribeye area and fat thickness. The units of measure are in carcass trait format and analyzed on an age-constant basis. Carcass Weight EPD (CW), expressed in pounds is a predictor of the differences in hot carcass weight of a sire s progeny compared to progeny of other sires. Marbling EPD (Marb), expressed as a fraction of the difference in USDA marbling score of a sire s progeny compared to progeny of other sires. Ribeye Area EPD (RE), expressed in square inches, is a predictor of the difference in ribeye area of a sire s progeny compared to progeny of other sires. Fat Thickness EPD (Fat), expressed in inches, is a predictor of the differences in external fat thickness at the 12th rib (as measured between the 12th and 13th ribs) of a sire s progeny compared to progeny of other sires. $VALUE INDEXES $Value indexes, are multi-trait selection indexes to assist beef producers by adding simplicity to genetic selection decisions. $Values are reported in dollars per head, where a higher value is more favorable. The $Value is an estimate of how future progeny of each sire are expected to perform, on average, compared to progeny of other sires in the database if the sires were randomly mated to cows and if calves were exposed to the same environment. Weaned Calf Value (), an index value expressed in dollars per head, is the expected average difference in future progeny performance for pre- weaning merit. includes both revenue and cost adjustments associated with differences in birth weight, weaning direct growth, maternal milk, and mature cow size. Feedlot Value (), an index value expressed in dollars per head, is the expected average difference in future progeny performance for postweaning merit compared to progeny of other sires. Grid Value (), an index value expressed in dollars per head, is the expected average difference in future progeny performance for carcass grid merit compared to progeny of other sires. Quality Grade ($QG) represents the quality grade segment of the economic advantage found in. $QG is intended for the specialized user wanting to place more emphasis on improving quality grade. The carcass marbling (Marb) EPD, which is influenced by carcass marbling scores and ultrasound percent intramuscular fat (% IMF) measurements, contribute to $QG. Yield Grade ($YG) $YG represents the yield grade segment of the economic advantage found in. $YG is intended for the specialized user wanting to place more emphasis on red meat yield. It provides a multi-trait approach to encompass ribeye, fat thickness and weight into an economic value for red meat yield. combines both $QG and $YG, and may be the best carcass decision tool for focusing on quality and red meat yield simultaneously. Beef Value (), an index value expressed in dollars per head, is the expected average difference in future progeny performance for postweaning and carcass value compared to progeny of other sires. 02/12

16 Lazy W Angus Ranch PRESORTED FIRST-CLASS MAIL U.S. POSTAGE PAID LivestockDirect Tom Freund th St. NE Cando, ND Lazy W Angus Ranch Production Sale New Dattioen! & Loca Sunday April 17, p.m. (CDT) At the ranch, 7846 Hwy. 281, Cando, ND (4 1/2 miles N of Jct. 281 & 17) Lazy W Northstar P008 - Lot 8 Lazy W Miss Mary Ellen P080 - Lot 80

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