Connecticut Public Broadcasting Inc.

“In May 2014 the Board of Trustees amended its by-laws to provide for a requirement for a one third quorum of its Committees, except for the Executive Committee, for approval. In addition, several other provisions were updated or deleted as they were unnecessary or arcane.”

“Members of the Audit Committee of the Board of Trustees review the prepared Form 990 before it is filed, typically in early February of each year, and each member of the Board of Trustees receives an electronic copy of the Form 990 prior to its filing.”

“The Companys conflict of interest policy covers its Board of Trustees, officers, management employees and its Community Advisory Board. The Company reinforces and reviews its conflict of interest policy with its Board of Trustees and its management staff annually and requires the Board and management to disclose its business relationships or interests on a formal executed disclosure statement. These disclosures are reviewed by first, the Audit Committee, and then, in summary, with the full Board of Trustees if a conflict of interest is disclosed. If a transaction or a proposed transaction occurs interimly during the period between disclosures with an interested party, such tranaction or proposed transaction is brought before the full Board of Trustees for review and approval prior to the effective date of the transaction. Interested parties do not participate in any”

“meeting in which the proposed transaction is discussed unless to clarify facts. In addition, as it relates to potential management conflicts, management, as part of the employee policies in the Companys Employee Handbook, is required to report and disclose such interests to our Human Resource Department. The process and procedures described above conform to non-profit best practices.”

“Required under the Company organizational governance structure and bylaws, the Company has an active Compensation Committee which governs the Company and Board of Trustees decisions about executive compensation, executive benefits, and compensation philosophy. The executives for the Company include the CEO, COO, CFO and other top management officials. The Compensation committee engages a third party independent benefits consulting firm every other year to conduct an independent survey of the executive positions and prepares an independent report which includes a review of the competitiveness of compensation and benefits. The Company and the Compensation Committee makes its executive compensation and benefits decisions based upon its compensation philosophy which is based upon prevailing market practices. Each decision made by the Compensation Committee is deliberated”

“and recorded in minutes of record.”

“The Company makes its governing documents, conflict of interest policy and disclosures, and financial statements available to the public as part of its public file disclosures at the Corporate office headquarters and on its website. In some cases, financial information is sent in the mail to those requesting it. Upon request, any member of the public can view such public file disclosures. In addition, because the Company is regulated under the Federal Communications Commission FCC, its public file disclosure requirements are more significant than other not for profits.”