Potomac Hunt Incorporated

“Four 4 of the Directors have a family relationship..”

“There are several classes of members. They are hunting subscription junior subscription associate member and honorary member. Only the Hunting subscription have voting privileges.”

“The voting members elect a governing body known as the Hunt Committee. The hunt committee shall promulgate or amend whatever rules and regulations it deems advisable for the operation and use of the corporation's property. The Hunt committee is comprised of at least 10 hunting subscribing members. Within the Hunt Committee shall be an executive committee consisting of at least 4 members. The executive committee has the authority to act on behalf of the Hunt Committee on matters that are of a time sensitive issue. Such actions must be reported to the full hunt committee no later than the next regularly scheduled meeting of the hunt committee. Such actions will be binding on the corporation unless a majority of the Hunt Committee disapprove said action.”

“Decisions of the full hunt committee are not subject to approval of the voting members. Executive committee decisions are subject to a review by the full hunt committee and can be disapproved by a majority of the hunt committee.”

“Executive committee was provided a copy of the form 990 and form 990-T for review prior to filing.”

“A conflict of interest disclosure statement is completed by all board members every year during the first meeting of each fiscal year. In addition board members are reminded quarterly to update their disclosure statement if a new conflict arises during the fiscal year.”

“| Explanation:| Membership club that promotes fosters and preserves mounted fox chasing with hounds steeplechase racing training of horses and hounds; and the preservation and conservation of the countryside for such activities.”