Public proceeding of the Board

Meeting of the Board of Directors on May 15, 2013

Attendance

Board members present

John McCamus (Chair); Aly Alibhai; Nancy Cooper; Michelle Haigh; John Liston; James McNee; Derry Millar; James Yakimovich; Robert W. Ward (CEO/Ex Officio)

1. Adoption of in-camera minutes

On May 9, 2013, the Chair provided the Board with draft minutes of the in-camera portion of the April 19, 2013 Board meeting relating to the President and CEOs performance review for the fiscal year 2012/13.

1.1 Board decision

The Board adopted the minutes of the In-Camera portion of the meeting of the Board of Directors held April 19, 2013, via Outlook email messaging.