Technoserve Inc.

“The following sections of bylaws changed during the year: article i name and mission mission; powers. The mission of the corporation is to fight poverty by helping people build regenerative farms, businesses and markets that increase incomes. The corporation develops business solutions to poverty by linking people to information, capital and markets. The corporation's work is rooted in the idea that given the opportunity, hardworking men and women in even the poorest places can generate income, jobs and wealth for their families and communities article iii directors voting; written/electronic consent. A majority of votes is required to carry a matter where a quorum is present unless otherwise provided by these bylaws or new york law. Any action required or permitted to be taken by the board of directors or any committee may be taken without a meeting if all members of the board of directors or the committee consent to the adoption of a resolution authorizing the action. Such consent may be written or electronic. If written, the consent must be executed by the director by signing such consent or causing his or her signature to be affixed to such consent by any reasonable means including, but not limited to, facsimile signature. If electronic, the transmission of the consent must be sent by electronic mail or other electronic means and set forth, or be submitted with, information from which it can reasonably be determined that the transmission was authorized by the director. The resolution and the written consents thereto by the members of the board of directors or committee shall be filed with the minutes of the proceedings. Article iv officers officers. The officers of the corporation shall be: chair of the board of directors, vice-chair of the board of directors, president, secretary and treasurer. No employee of the corporation shall serve as chair of the board of directors or hold any other title with similar responsibilities. An individual may hold more than one elected office at the same time, except that the offices of president and secretary shall be held by distinct individuals. Officers may serve consecutive terms.”

“The draft form 990 is prepared and reviewed internally by senior management and provided to the audit committee for review. The final form 990 is distributed to the board of directors prior to filing with the internal revenue service.”

“Technoserve's conflict of interest policy requires each director, officer and key employee to disclose any potential conflict of interest and recuse him/her self from any involvement in a decision in which the individual has or may have a conflict of interest. On an annual basis, each director, officer and key employee is required to complete a statement that includes an acknowledgement that the individual has read and understands the policy, agrees to abide by the policy and discloses any conflicts. In addition, the organization has a policy that clarifies the process in which employees, volunteers and consultants may disclose any possible conflicts of interest.”

“The chief human capital officer conducts reviews of compensation including benchmarking against other non-profit organizations. Senior management salaries and increases are presented to and subject to approval by the compensation committee of the board of directors.”

“Financial statements, conflict of interest policy and governing documents are available upon request for the same period of disclosure as set forth in section 6104(d). The organization's most recent form 990 is also available on its website at www.technoserve.org.”

“Founded in 1968, technoserve is a leader in harnessing the power of the private sector to help people lift themselves out of poverty for good. A non-profit organization working in 30 countries, we work with people to build a better future through regenerative farms, businesses, and markets that increase incomes. Our vision is a sustainable world where all people in low-income communities have the opportunity to prosper. During the course of 2022, our work improved the lives of an estimated 3.1 million people, including farmers, entrepreneurs, and employees, as well as their family members. We helped beneficiaries generate more than $366 million in additional revenue and wages, and every dollar invested in our programs yielded $5 of financial benefit for project participants. Women's economic empowerment is a central focus of technoserve's work, and 39% of all of our beneficiaries were women in 2022. Below, we provide updates from several key projects and practices, representing a cross-section of technoserve's work in agricultural value chains and entrepreneurship around the world. Supporting agricultural value chains and food systems technoserve is working to build inclusive, regenerative agricultural value chains and food systems that deliver better livelihoods for farming families. As part of this effort, we are helping to support a sustainable global coffee sector. Technoserve's programs help farmers improve the quality and yields of their coffee, boost the resilience of their farms, protect natural resources, and combat climate change. In 2022, technoserve's coffee programs helped 152,679 farmers earn more than $75 million in additional income. In 2022, technoserve launched its first-ever program in burundi. Funded by the u.s. Department of agriculture, the burundi better coffee initiative will work with smallholders to address challenges related to low and unpredictable crop yields and the risks associated with climate change. Over five years, the program will assist 60,000 coffee farming households to increase farm incomes by more than 40%. Technoserve is also working with local food processors and millersfor example, businesses that turn raw wheat and maize into flour, milk into yogurt, and sunflower seeds into cooking oil that are vital to food systems. Technoserve programs are helping these businesses to improve their operations, create inclusive business plans, and consistently fortify their products, providing greater opportunities for local farmers and workers while increasing the supply of nutritious foods available to consumers. In 2022 alone, this work made 178 million metric tons of improved food available on local markets and helped ensure that more than 44 million people living in poverty could access food fortified with essential vitamins and minerals. Catalyzing enterprise development technoserve's entrepreneurship practice supports the micro, small, and growing businesses (sgbs) that create employment and economic activity in local communities. Using careful adaptation, a market-driven approach, effective capacity development, innovative application of remote-and-blended learning, and rigorous measurement and continuous learning, this work helped provide 452,136 people with an additional $182 million in financial benefits in 2022. In 2022, technoserve announced the second phase of the benibiz project, to be funded by the embassy of the kingdom of the netherlands, the swiss agency for development and cooperation, and the delegation of the european union. The program will work with local market actors and institutions to support 117,500 entrepreneurs. It builds on the first phase of the project, which benefited 5,700 entrepreneurs and helped participating businesses increase their annual sales by an average of 130%. Announcing our commitment to regenerative business in 2022, technoserve announced a bold new commitment. As the world confronts the challenges of climate change and nature-loss, there is an urge”

“Currency translation adjustments -400,269.”

“Technoserve worldwide number of employees during the 2022 is 2,642, part i line 5 shows 154, for which the organization has issued corresponding w-2s.”