Lucent Tech Inc Post Retirement Welfare

“The trust is a voluntary employee benefits association pursuant to irs section 501(c)(9). Nokia of america corporation (noac) (part of the nokia group), as settlor, previously designated nokia investment management corporation (nimco), a "named fiduciary" with respect to the trust and retained nimco to perform certain fiduciary services with respect to the trust until september 30, 2024. Effective october 1, 2024, the nokia pension and benefit investment committee (pbic) replaced nimco as the "named fiduciary" of the plan with regard to investment matters and with authority to direct the trustee. Also effective october 1, 2024, the company appointed mercer investments llc (mercer) as the outsourced chief investment officer and fully-discretionary investment manager (within the meaning of erisa 3(38)) and fiduciary with respect to the plan's assets.”

“Nokia of america corporation as settlor of the trust has the power to appoint/terminate the trustee. Prior to october 1, 2024, nokia investment management corporation as named fiduciary of the trust also had the power to appoint/terminate the trustee.”

“Trustee is subject to direction from nokia of america corporation (settlor). Prior to october 1, 2024, the trustee was also subject to direction from nokia investment management corporation (named fiduciary) and appointed investment managers. Effective october 1, 2024, the trustee was also subject to direction from certain employees of noac pursuant to delegation from the pbic, as well as appointed investment managers.”

“The trust does not hold meetings. However, the pbic meets at least quarterly to review trust investment performance and other activities related to the trust. Meetings are documented in meeting minutes.”

“The trust does not hold meetings. However, the pbic meets at least quarterly to review trust investment performance and other activities related to the trust. Meetings are documented in meeting minutes.”

“The form 990 is sent to the trustee for authorization and signature prior to being filed.”

“Upon request, the trust agreement is made available to plan participants.”

“The trust has no employees. Accordingly, there are no such policies in place related to employee compensation.”

“The institutional trustee cannot be reached at the organization's mailing address. Their mailing address is: bank of new york 135 santilli highway everett, ma 02149”

“Average hours per week of trustee as trustee, the bank of new york provides various administrative services to the trust. These services require the involvement of numerous individual bank employees in the activities of the organization and thus can not easily be quantified on an hourly basis.”