Safy Holding Company Inc

“The board of directors may by resolution create an executive committee of the corporation (the "executive committee"), which shall consist of three (3) directors. One member shall be the then chairperson, another member shall be the vice chairperson, and the final member shall be appointed by a majority of all the directors in office when the action is taken. The executive committee may from time to time designate members of the corporation's executive staff as ex-officio, non- voting members of the executive committee. During intervals between meetings of the board of directors, the executive committee shall have and exercise all of the authority of the board of directors in the management of the corporation, except where prohibited by law. The executive committee shall cause minutes of its proceedings to be kept and filed with the minutes of the proceedings of the board of directors. The executive committee shall not have the authority to take the following actions unless expressly authorized and directed by the board of directors: (1) authorize distributions or adopt a plan of distribution of the assets or properties of the corporation; (2) close or shutdown any facility; (3) elect, appoint, remove or fill any vacancy relating to any officer or director; (4) create any new officer positions; (5) adopt, amend or repeal all or any part of the articles of incorporation or this code of regulations; (6) sell, lease, exchange, or otherwise dispose of any material portion of the corporation's property and assets; (7) enter into, amend or terminate the employment terms or employment agreement of any officer or executive level employee of the corporation; (8) merge or consolidate the corporation, or approve a plan of conversion or plan of merger; (9) liquidate or dissolve the corporation or take any binding action to liquidate or dissolve the corporation; (10) commence a voluntary case under any applicable bankruptcy, insolvency or other similar law or consent to the entry of an order for relief in an involuntary case under any such law, or consent to the appointment of a receiver, liquidator, custodian or trustee for any substantial part of the property of the corporation or make any general assignment for the benefit of creditors; (11) create or form any subsidiary of the corporation; (12) alter the size of the board of directors; (13) enter into or execute any contracts or series of related contracts that are both outside the ordinary course of business, and represent an obligation in excess of one hundred thousand dollars (100,000) in the aggregate; (14) other than with respect to the purchase of inventory or supplies in the ordinary course of business, purcahse, invest in, or otherwise acquire, or acquire title to, or an option for the purchase of, any real or personal property with a purchase price in excess of one hundred thousand dollars (100,000); (15) create, incur, contract, assume, have outstanding, guarantee or otherwise be or become directly or indirectly liable in respect of any indebtedness or obligation for which a lien, mortgage, encumbrance or other security interest is imposed upon any of the assets of the corporation; (16) incur, assume or guarantee any long-term or other non-operating indebtedness in an amount in excess of one hundred thousand dollars (100,000); (17) do any other act that would make it impossible to carry out the purposes of the corporation; or (18) take or authorize any of the foregoing actions with respect to any subsidiary of the corporation.”

“The form 990 is prepared by an outside accounting firm. Once the form 990 is completed, it is forwarded to the audit committee of the board of directors for their feedback and approval. After the audit committee's review, the form 990 is distributed to the board at large prior to being filed with the internal revenue service.”

“Annually, both the board members and staff are required to review and sign a conflict of interest statement acknowledging compliance. This policy is monitored by human resources in partnership with leadership.”

“Upon written request, a copy of the 990, form 1023 and financial statements will be provided to the requestor.”

“The process did not change during the year.”