Accion Opportunity Fund Inc

“The members of the corporation are those individuals serving from time to time as members of the board of drectors of the corporation.”

“The number of directors on the board of directors (the "directors, and each a "director") shall be fixed exclusively by the board of directors pursuant to a resolution adopted by two-thirds of the board of directors then authorized. Each director shall be elected by the affirmative vote of a majority of the votes cast at a member meeting at which a quorum is present.”

“The audit committee of accion opportunity fund community development, a related california nonprofit organization, shall have the responsibility for reviewing the organization's form 990 (including all pertinent schedules) before it is filed with the internal revenue service. Once the audit committee has approved the draft form 990, it shall be sent to all members of the board of directors for their review, prior to filing with the irs. Once the review period has been duly expired, the form 990 is filed with the irs.”

“The conflict of interest policy was approved by the board of directors on december 11, 2011 and amended in 2012. The board adopted two supplementary policies por its conflict of interest policy at its august 9, 2012 board meeting, which are as follows. Conflict of interest forms are signed annually. Approval of procedures for evaluating interested transactions: in furtherance of the conflict of interest policy of the company, the company proposes that when the board evaluates a potential interested transaction where a more advantageous transaction for the company is not reasonably possible that would not give rise to a conflict of interest, that the board determine by a majority vote of disinterested directors whether such transaction or arrangement is in the company's best interest, for its own benefit and whether such transaction is fair and reasonable. A list of all our vendors is provided with the coi forms in order to help the board members more easily determine possible conflicts of interest. Approval of annual review of company transactions: in furtherance of the conflict of interest policy of the company, the company proposes that annually, that the audit committee review the company's partnerships and contracts with its members, directors, officers and their affiliates to determine that such contracts and partnerships conform to the company's written policies, are properly recorded, reflect reasonable investments or payments for goods and services, further charitable purposes and do not result in inurement, impermissible private benefits or in an excess benefit transaction for the company.”

“The officers and key employees of this organization are compensated by a related organization, accion opportunity fund community development (aofcd). Aofcd uses a market based salary structure from 4 (four) competitive sets: non-profit, financial services-banks, financial services-credit union, and fintech based on size, revenue, industry, and geographic location to create min/mid/max ranges for each role. Human resources reviews external market data annually. The board of directors votes on the ceo's salary.”

“Aof makes its form 990 and 1023 available upon request”