X0306 4 2017-03-22 0 0001641614 CPI Card Group Inc. PMTS 0001693377 Arbabha Jay C/O CPI CARD GROUP INC. 10026 WEST SAN JUAN WAY LITTLETON CO 80127 0 1 0 0 Chief Technology Officer Stock Option (Right to Buy) 4.35 2017-03-22 4 A 0 33014 0 A 2027-03-22 Common Stock 33014 33014 D Restricted Stock Units 2017-03-22 4 A 0 5085 0 A Common Stock 5085 5085 D Cash Performance Units 2017-03-22 4 A 0 67037 0 A 2020-03-22 Common Stock 67037 67037 D One-third (1/3) of the original options awarded will vest on each of the first, second and third anniversaries of the March 22, 2017 award date. Each restricted stock unit represents the right to receive one CPI Card Group Inc. common share upon vesting of such restricted stock unit. The restricted stock units vest on the third anniversary of the March 22, 2017 award date. The cash performance units are performance-based awards that will settle in cash, in an amount between 50% and 200% of the target award value, based on the performance of the Company's stock price during each of three performance sub-periods (from the grant date through each of the first, second and third anniversaries of the grant date). /s/Lisa Jacoba, by Power of Attorney 2017-03-24