Slip the bent end of the paper clip under the bearing and pull up.
Pull out the bearing
Next take a SHARP hook and remove the retaining ring and shield from each side.
As is the case with most reels shipped from the factory these bearings barely had any grease at all.
Using a can of brake cleaner, clean out the factory grease and hen gry the internals with a canned of compressed air used for dusting computers. Then pack the bearing with marine grease and replace back into the left side plate. I prefer to keep my bearings open unless they're going to be in the dirt or sand. Then reattach the left side plate to the frame after shooting a dab of grease into each screw hole.