AMCOL INTERNATIONAL AUDIT COMMITTEE CHARTER

METHODE ELECTRONICS, INC. AUDIT COMMITTEE CHARTER ORGANIZATION There shall be an Audit Committee of the Board of Directors, consisting of no less than three members, whose members shall meet the independence, experience and financial expertise requirements of any applicable laws and regulations. The Board of Directors shall appoint, remove and replace the Audit Committee members upon recommendation of the Nominating and Governance Committee. No Director may serve as a member of the Audit Committee if such Director serves on the audit committees of more than two other public companies unless the Board of Directors determines that such simultaneous service would not impair the ability of such Director to effectively serve on the Audit Committee. No member of the Audit Committee may receive any compensation from the Company other than: (i) director’s fees (including an equity based component, if any), and (ii) a pension or other deferred compensation for prior service that is not contingent on future service. STATEMENT OF PURPOSE The Audit Committee shall provide assistance to the Board of Directors in fulfilling the Board’s oversight responsibility by overseeing: (1) the accounting and financial reporting processes of the Company, (2) audits of the financial statements of the Company, 3) the independent auditor’s qualifications and independence, (4) the compliance by the Company with legal and regulatory requirements pertaining to the ...