X0306 4 2020-11-21 0 0000837465 CALLAWAY GOLF CO ELY 0001509765 Baxter Scott H 2180 RUTHERFORD ROAD CARLSBAD CA 92008 1 0 0 0 Common Stock 2020-11-21 4 M 0 2455 0.00 A 2455 D Restricted Stock Units 2020-11-21 4 M 0 2455.19 0.00 D Common Stock 2455.19 0 D Represents the number of shares of common stock issued upon the vesting of a restricted stock unit ("RSU") plus the number of shares of common stock accrued with respect to such vested portion of the RSU as a result of dividend equivalent rights paid by the Company pursuant to the terms of the award, less fractional shares, which were paid in cash upon settlement. RSUs convert into common stock on a one-for-one basis. Represents the number of shares of common stock issued upon the vesting of an RSU plus the number of shares of common stock accrued with respect to such vested portion of the RSU as a result of dividend equivalent rights paid by the Company pursuant to the terms of the award. The RSUs were granted on November 21, 2019 and vested on the first anniversary of the grant date. Represents only the RSUs granted on November 21, 2019 and does not include other RSUs with different vesting terms. /s/ Sarah Kim Attorney-in-Fact for Scott H. Baxter under a Limited Power of Attorney dated November 21, 2019. 2020-11-23