To: [Calamos Employee] From: Gary J. Felsten Date: June 22, 2009 Re: Calamos Asset Management, Inc. (“Calamos”) Offer to Exchange Certain Stock Options for New Stock Options (“Program”) — Election Form/AgreementCalamos Asset Management, Inc. /DE/ • June 22nd, 2009 • Security brokers, dealers & flotation companies • Illinois
Company FiledJune 22nd, 2009 Industry JurisdictionBelow is a list of your current outstanding eligible stock option grants that may be surrendered for exchange in the Program pursuant to the Offer to Exchange. Please read this election form carefully.