Flint Emc Veba Trust

“The flint emc board of directors approves the trustee and investment manager in accordance with the attached trust agreement. The investment manager follows the investment strategy set forth by the flint emc board of directors. The trustee and manager of the account shall be approved by the flint emc board of directors at least every 36 months. The investment performance of the veba shall be monitored monthly by flint management and reported to the board finance and audit committee or the full board of directors at least semi-annually. The overriding investment objective for the veba shall be to protect investment principal. With that focus, flint emc management is authorized to pursue investments that offer income with conservative growth, with an investment allocation approved annually by the flint emc board of directors.”

“National advisors trust company p.o. Box 874080 kansas city, mo 64187-4080”

“Form 990 is reviewed by flint emc's board of directors with all supporting documentation made available to them.”

“Flint regularly and consistently monitors and enforces compliance with its conflict of interest policy, a copy of which is included as a part of this return.”

“Trustee compensation is reviewed on an annual basis by the board of directors of flint electric membership corporation.”

“The trust has no employees. The trustee's compensation is approved by the flint emc board of directors.”

“Flint makes its conflict of interest policy and financial statements available to the public as part of its form 990. The trust also makes its financial statements available to the public as part of its form 990. Both form 990's are available upon request as reflected in part vi section c line 18.”

“Flint emc's postretirement healthcare plan, as adopted by the board of directors, is administered under policy e-610. The policy may be changed from time to time at the pleasure of the flint emc board of directors.”