The Orange Bowl Committee Inc.

“All members have the right to vote in the election of members of the board of directors and to vote to approve certain decisions of the board of directors as described in the explanations for questions 7a and 7b. No members of the organization have the right to receive distributions of income or assets from the organization.”

“All members in good standing per the by-laws, excluding collegiate representative members, honorary members, members at large, emeritus members and active members until the completion of their second festival, have the right to vote for members of the board of directors. Each year The election will include the second vice-chair, one-two past chairs/presidents, and six-seven at-large directors (for a two-year term).”

“All members in good standing per the by-laws, excluding collegiate representative members, honorary members, members at large, emeritus members and new active members until the completion of their second festival, have the right to vote on the following matters: election of new members, re-election of members, the removal of board members, the amount of charges for membership benefits as well as dues and assessments, the criteria for new members to meet before they are elected or re elected, the purchase, sale or encumbrance of any real property, the election of members to the membership services committee, any amendment to the articles of incorporation or bylaws of the committee, the annual budget for the committee and any contract with a term of one year or more and which has aggregate expenditures of more than $1,000,000.00 (whether lump sum or installment), with the exception of employment agreements.”

“Form 990 is initially reviewed by the organization's ceo, cfo, treasurer, and audit committee and then presented to board of directors for approval before it is filed.”

“It is the policy of the committee that any business done with any member or member's company must be fair, reasonable and competitive within the marketplace, and have the prior approval of the board. Whenever such business is being discussed and voted on by the board, any member(s) with an interest in said business must disclose such interest, not participate in board discussions and abstain from voting. Also, annually each board member and key employee must complete a confidential conflict of interest disclosure statement.”

“Line 15a The compensation of the ceo is established by the board of directors through a transparent, structured and thoughtful process designed to ensure the reasonableness of such compensation, Which process is documented in the minutes of the meetings of the board of directors. It involves both internal (employee performance assessment) and external (marketplace surveys and comparables) reviews. The compensation committee of the board of directors is charged with recommending to the board the compensation of the ceo. In making the recommendation, the bylaws require compliance with the requirements for the rebuttable presumption of reasonableness in accordance with the "intermediate sanctions" regulations under section 4958 of the code. The members of the board of directors are elected annually by the 300 plus membership of the organization and are subject to term limits to assure their independence and community orientation. Line 15b: The compensation of the chief operating officer and chief financial officer is set in the same manner as that of the ceo, by recommendation of the compensation committee and approval by the board of directors. The compensation of other officers and key employees is recommended by the ceo to a human resources committee (hrc), which consists of at-large, non-employee members of the organization. The hcr in its review takes into consideration inflation, experience, performance, surveys of similar organizations and periodic compensation studies of outside compensation Consultants. The hrc then recommends compensation to the executive committee of the board of directors, which then makes final recommendations for approval to the board of directors.”

“The organization makes its governing documents. Conflict of interest policy, and financial statements available to the public upon request.”

“Description of services by the following businesses: act productions: production and/or talent fees for the pre-game parties, fan zones and halftime entertainment for the capital one orange bowl game. Sports turf one, inc: the installation of new synthetic turf football and soccer fields and a new scoreboard at ives estates park, an existing miami dade county park, located in an underprivileged area. Centerplate: hospitality services at sun life stadium for the capital one orange bowl and bb&t center for the metropcs orange bowl basketball classic including contractually required events, some of which was offset by paid admission fees silverman group inc: marketing services including strategic planning, collateral material development and media buying”

“The orange bowl committee exists as an independent organization to Support and produce activities and events that enhance the image, Economy and culture of south florida. Over its 81-year history, the Non-profit, volunteer-driven organization has grown beyond hosting one of the nation's premier college football games, to include a festival of events that drive tourism, inspire youth and improve life in the South florida community. Orange bowl programs and events include the Metropcs orange bowl basketball classic, orange bowl youth football Alliance, orange bowl youth football championships, orange bowl cheer & Dance championships, orange bowl international youth regatta, orange Bowl international tennis championships, orange bowl swim classic, Orange bowl paddle championship, orange bowl lacrosse classic, orange bowl drive for excellence girls golf program and the Orange bowl leadership academy. The organization also provides Funding for scholarships and community improvements that grant new Opportunities to south Floridas youth.”

“In addition to assigning television and title sponsorship rights to the cfp, over twenty percent of the committee's expenses (more than $4,800,000) were paid directly to the cfp and therefore benefits higher education through the participating institution's conferences, while more than 50% went towards producing game and festival events. FORM 990, PART III, LINE 4B CONTINUATION: In this fiscal year, the committee provided funding and hundreds of volunteer and staff hours to host championships, provided support for a television program that features youth football and participated in regular "park of the week" presentations to serve the more than 15,000 young football players and cheerleaders annually who participate in the orange bowl youth football alliance. FORM 990, PART III, LINE 4D, OTHER PROGRAM SERVICES: The committee supports organizations and events both in and outside of south florida on an annual basis, such as junior orange bowl, orange bowl international tennis championships, orange bowl international youth regatta, orange bowl impact and excellence awards, first tee miami girls golf program, extra yard for teachers, make-a-wish southern florida and both broward and miami-dade counties special olympics, and other funds and groups. EXPENSES $1,023,266. INCLUDING GRANTS OF $ 426,113. REVENUES $595,341”

“No change has been made in the organization's audit oversight committee procedures or in its selection of an independent accountant.”

“FORM 990 IS DESIGNED AS A FINANCIAL REPORTING VEHICLE. ITS NATURE DOES NOT ALWAYS ALLOW FOR DETAILED DESCRIPTIONS OF CERTAIN ITEMS. WE ENCOURAGE ANYONE VIEWING THIS DOCUMENT FOR ANY OTHER PURPOSE THAN THAT FOR WHICH IT IS INTENDED TO CONTACT THE ORANGE BOWL COMMITTEE WITH ADDITIONAL qUESTIONS.”