Namati Inc.

“Namati's chief financial officer will review the draft federal form 990 before meeting with namati's president & ceo to discuss the draft. Once the president & ceo is satisfied with the draft, he will email it to namati's board of directors prior to filing with the internal revenue service.”

“A conflict of interest exists whenever the interests or concerns of any director or officer may be seen as competing with the best interests of the organization. The procedures include the disclosure of all conflicts and potential conflicts by all incumbent and incoming directors and officers. Policies and forms are distributed annually and each director and officer must sign and affirm that they have read, understood, and are complying with the policy. The form must list any outside employment or consulting work that could constitute a conflict, and any board membership or affiliation with other organizations that could constitute a conflict. Each director or officer must also list his or her investments in any corporation, partnership, trust, or fund in which he or she, together with members of his or her family, has directly or indirectly a greater than 35% ownership interest, regardless of whether such investments could constitute a conflict. No director or officer may be present for a vote by the board of directors on any decision or action by namati which would directly or indirectly benefit such director or officer.”

“Namati's process for recommending compensation for namati's president & ceo and director-level positions consists of conducting market research of similar positions at similar organizations through several means as well as documenting the salary history of the individual proposed for the position. Namati participates in this survey annually. For the director-level positions, this information is submitted to namati's president & ceo who reviews the information and determines the appropriate salary. This is then extended as a salary offer to the candidate. The salary survey is produced by humentum and the survey includes compensation information for all levels of staffing.”

“Namati makes the organizing documents available to the public upon request.”

“Other professional fees: program service expenses 569,197. Management and general expenses 35,584. Fundraising expenses 46,243. Total expenses 651,024.”

“Namati, inc. And namati kenya's operations are combined in this annual return. Namati kenya is a foreign office of namati, inc. It was required to be registered under kenya's regulations and is disclosed as such in namati's consolidated financial statements. All of its activities have been included in this annual return with namati, inc. And reported as one combined entity.”