International Aerospace Environmental

“Global inventures, inc. Provides executive director and senior program management services to the international aerospace environmental group, inc.”

“Iaeg bylaws amendment approved at october 4, 2024 board of directors meeting reducing the number of directors to 21, introducing a nominating committee, withdrawing the special committee and allowing one representative of a single company at the board of directors.”

“There shall be three (3) types of iaeg members: full members, founding members, and liaison members (collectively, "the members "the membership"). The classes of members are described as follows: 1. Full member: aerospace companies are eligible to be full members. This status confers and allows the privilege to vote on matters to be voted on by the full membership; eligibility for election to open "at large" board positions; use of all iaeg resources and participation in meetings and workgroups; and other privileges consistent with the bylaws as the board of directors may from time to time confer. Collectively, the full members make up the "full membership." 2. Founding member: due to their execution before april 15, 2011 of the letter of intent to create iaeg, the following aerospace companies shall be founding members: (a) bombardier aerospace; (b) dassault aviation; (c) eads / airbus; (d) embraer; (e) ge aerospace (formerly known as ge aviation); (f) rolls-royce; (g) northrop grumman; (h) the boeing company; (i) safran; (j) rtx (successor-in-interest to united technologies corporation); and (k) zodiac aerospace. Founding members are also full members and shall have all of the rights and privileges of full members and also shall have the rights outlined in article iv, section 3.1 (appointment of board members) of the bylaws. 3. Liason member: any interested company, corporation, trade association, consulting company, or university (whether or not an aerospace company) (including dismantling companies and waste management companies) may apply to become a liaison member under the process established by the membership compliance program. This status confers the privilege to use iaeg resources, participate in the annual meeting or other full membership meetings, participate in work groups as referred to in article v and other privileges consistent with these bylaws as the board of directors may from time to time confer. This is a nonvoting status. In recognition of the reduced rights and privileges of this status, the board shall establish an appropriately-reduced dues requirement in accordance with the processes established under article ii, section 4 of the bylaws.”

“Founding members and full members are aerospace companies and have the right to appoint and/or vote for members of the board of directors, and to approve amendments to the articles of incorporation and bylaws. Liaison members (any other interested parties) may participate in iaeg's activities, but do not have voting rights.”

“The return is prepared and reviewed by an independent certified public accounting firm and outside legal counsel. The treasurer and secretary of the organization review and approve the return.”

“International aerospace environmental group, inc. Enforces a conflict of interest policy in order to prevent the personal or financial interests of board directors or committee members from interfering with performance of their fiduciary duties to the organization. In connection with any actual or possible conflict of interest, an interested person must disclose the existence and nature of his or her potential conflict to the directors and any relevant committee members. After disclosure of the potential conflict, the interested person shall leave the board or committee meeting while the potential conflict is discussed and voted upon. The remaining directors or committee members shall decide if a conflict of interest exists. If a conflict of interest exists, the board will follow the process called out in the policy.”

“International aerospace environmental group, inc.'s governing documents, financial statements, and conflict of interest policy are available upon request from the general public and posted on the organization's online work area for all volunteers to access freely.”

“The board approved three new work groups in december 2023: they are as follows: 12. Life cycle assessment 13. 100% sustainable aviation fuel compatability 14. Circular economy these have grown to be the 4th, 6th, and 7th largest iaeg work groups in their brief 1.5 years operating.”

“(Expenses $ including grants of $) INTERNATIONAL AEROSPACE ENVIRONMENTAL GROUP'S BIANNUAL MEETINGS BRING TOGETHER MEMBERS AND SUBJECT MATTER EXPERTS TO COLLABORATE ON WORK GROUPS AND SHARE CURRENT ACTIVITIES, WORK AND FUTURE PLANS RELEVANT TO THE ORGANIZATIONS' MISSION AND VISION.”

“(Expenses $ including grants of $) WORK GROUP 12 LIFE CYCLE ASSESSMENT (LCA) IS A WAY OF MEASURING THE ENVIRONMENTAL IMPACTS OF PRODUCTS AND SERVICES. GOOD MEASURING TOOLS REDUCE VARIATION IN THE MEASURING PROCESS TO MORE ACCURATELY REFLECT THE VARIATION IN WHAT THEY ARE MEASURING.”

“(Expenses $ including grants of $) WORK GROUP 13 SUSTAINABLE AVIATION FUEL (SAF) IS RECOGNIZED AS THE KEY ENABLING TECHNOLOGY TO ACHIEVE THE INTERNATIONAL CIVIL AVIATION (ICAO) GOAL OF NET ZERO AVIATION BY 2050. OUTSIDE OF INTERNATIONAL AEROSPACE ENVIRONMENTAL GROUP (IAEG), THE COMMERCIAL AVIATION INDUSTRY, ON A VOLUNTARY AND UNILATERAL COMPANY-BY COMPANY BASIS, HAS EXPRESSED THE GOAL OF COMMERCIAL AIRCRAFT BEING COMPATIBLE WITH 100% SAF BY 2030, WITH THE DEFENSE INDUSTRY ALSO LOOKING TOWARDS SAF COMPATIBILITY FOR ITS PRODUCTS. THE PATHWAYS TO PRODUCE SAF ARE EVOLVING, AND VARIOUS NEW TYPES OF SAFS ARE BEING CONSIDERED. FOR THE PURPOSE OF THIS GROUP'S CHARTER, WE DEFINE TWO MAIN SAF PATHWAYS: - -IN" - 100% SYNTHETIC - "NON-DROP-IN" - 100% PARAFFINIC, 0% AROMATIC SYNTHETIC AVIATION FUEL”

“(Expenses $ including grants of $) WORK GROUP 14 CIRCULAR ECONOMY IS AN ECONOMIC SYSTEM THAT USES A SYSTEMIC APPROACH TO MAINTAIN A CIRCULAR FLOW OF RESOURCES BY RECOVERING, RETAINING, OR ADDING TO THEIR VALUE, WHILE CONTRIBUTING TO SUSTAINABLE DEVELOPMENT. WORKGROUP 14 COMPRISES REPRESENTATION FROM ORIGINAL EQUIPMENT MANUFACTURERS (OEMS), RAW MATERIAL PROVIDERS, MANUFACTURERS, AIRCRAFT DISASSEMBLERS AND MORE ON A COMMON MISSION TO ENABLE A CIRCULAR ECONOMY IN COMMERCIAL AVIATION.”

“Consultant Fees - Total Expense: 477789, Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; Sub-Contractor Fees - Total Expense: 51066, Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ;”