Paintcare Inc C/O American Coatings Association

“In accordance with the bylaws of PaintCare, there is only one sole member, American Coatings Association, Inc. Members of the PaintCare Board of Directors are elected and/or removed by the sole member.”

“Officers on the Board of Directors are elected at the annual meeting of the Board. Each officer shall hold office until his successor is elected, qualified, and takes office.”

“In accordance with the bylaws of PaintCare, there is only one sole member, American Coatings Association, Inc. Members of the PaintCare Board of Directors are elected and/or removed by the sole member. Officers of the Board of Directors are elected at the annual meeting of the Board. Each officer shall hold office until his successor is elected, qualified, and takes office.”

“The independent auditing firm engaged to conduct the annual audit of the organization prepares the form 990 on the basis of the independently audited financial statements. Specific questions in the return are sent to the appropriate officials. Once a draft is completed, the CFO reviews the draft for accuracy and completeness. Any proposed changes or questions are discussed at that time. In addition, the auditing firm is available for any questions. Once finalized, a copy of the form 990 is sent to the board members in advance of its filing.”

“Per the PaintCare conflict of interest policy, each director, principal officer, or member of a committee with governing board delegated powers ("interested person"), has a duty to disclose any actual or possible conflict of interest. The interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considereing the proposed transaction or arrangement. If the governing board or committee has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. If a member fails to disclose an actual or possible conflict of interest, the governing board or committee shall take the appropriate disciplinary and corrective action if necessary. Each interested person is notified of the conflict of interest policy and required to comply. To monitor the policy, periodic reviews are conducted, using outside experts as needed.”

“Independent compensation consultants are retained by PaintCare to evaluate industry market trends and present recommendations as part of an annual compensation review.”

“PaintCare makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“American Coatings Association, a related organization, serves as the common paymaster and files all required federal employment returns. The number of employees reported in Line 2a represents the number of Paintcare employees for the calendar year ending within the organization's tax year reported on Form W-3 filed by the common paymaster.”

“The Budget & Finance Committee of PaintCare assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant.”