Power Works Industries Inc.

“Draft copies of the annual 990 return are provided to the audit committee for review of financial data and all narrative information. Final 990s are available on the goodwill industries of the southern rivers, website, www.goodwillsr.org/partner-relations, along with audited financials and other performance outcomes.”

“All team members are required to inform management of any known conflicts of interest issues. Auditors conduct inquiries of team members, to inlcude members of the pwi board of directors, during the course of the annual audit. Any issues are reviewed and discussed with various members of management.annually, members of the pwi board of directors declare if they have any known conflicts of interest. If any conflicts of interest have been declared a report detailing such conflicts is submitted to the board of directors and reviewed. If a board member has a conflict of interest that is being discussed, he or she abstains from voting on the issue.”

“The pwi board of directors appoints a three-member compensation committee. Through an active management agreement under which all of the executive leadership fall, the pwi compensation committee has delegated the full oversight and the authority to the goodwillsr compensation committee. Annually, the chair of the goodwillsr compensation committee provides a report to the full pwi board of directors on actions taken for goodwillsr and for the pwi team members. The goodwillsr compensation committee has a specific compensation philosophy for the organizations. The compensation committee, through the ceo, is responsible for carrying out the philosophy with the team members. The committee meets at least four times per year. They meet once in the fall to review the proposed budget for the upcoming year, including the pay increase and incentive pool budgeted for team members, incentive plan goals and retirement contribution amounts and other compensation, which may include automobile allowances amongst other things. They meet again in january to review the prior years performance and approve any incentive pay outs. The committee also convenes prior to april 1st of each year to review the overall pay increase averages for non-executive team members and disqualified team members reporting to the president and ceo, and once more in may for performance evaluation of the ceo.”

“Disclosure of non-confidential governing documents is available to the general public at www.goodwillsr.org. These documents consists of audited financial statements, annual 990's and other outcomes that allow readers, stakeholders, and the general public to make informed decisions about the charitable causes and performance of pwi. The annual report can be found on the goodwillsr website at www.goodwillsr.org/partner-relations/annual reports.”

“ROUNDING = -$2”