Pittsburgh Opera Inc.

“The executive committee comprised of board members shall have and exercise all the powers and authority of the board between meetings of the board subject to the approval by the board at one of its regularly scheduled meetings.”

“The following family relationships exist between board members: -dr. Lisa cibik and alexandra cibik good -john traina and nancy traina -martin lamar and dena lamar -cindy kerr and arthur kerr, jr.”

“Pittsburgh opera amended its bylaws as follows: - to limit the term of an elected trustee to three years. However, an elected trustee can be re-elected after twelve months following the expiration of the three consecutive three-year terms with the recommendation of the president and/or chair of the board of trustees and approval of two-thirds of the board of trustees - to recognize the chair of the advisory board member as a member of the general board - to combine several committees: o governance and nominating committees o finance and investment committees”

“As stated in the by-laws, the sitting president of the friends of pittsburgh opera (fpo) has a position on the board of the opera as long as he or she serves in that capacity.”

“A complete copy of the form 990 was reviewed by the members of the finance and executive committee members via email transmission. Upon approval by those groups the complete form 990 was made available to the entire board via the organization website prior to submission to the internal revenue service.”

“Board members complete a conflict of interest form on an annual basis to identify potential or actual conflicts. The governance committee reviews the completed forms and monitors compliance with the conflict of interest policy.”

“Comparability data regarding the general director's compensation is discussed and reviewed by independent board members during executive sessions at appropriate board meetings. The compensation package is approved by an independent board committee. This decision is documented in the committee meeting minutes.”

“The pittsburgh opera form 990 and audited financial statements are available to the public on the pittsburgh opera website, www.pittsburghopera.org, and the governance documents and conflict of interest policy are made available upon request.”

“The audit committee is comprised of board members from both the finance and investment committees. They communicate with the auditors as a part of the planning process before the audit commences and then reviews, edits, and approves the final document before it is presented to the board.”