Centros Sor Isolina Ferre Endowment Trust

“The Board of Directors of Centros Sor Isolina Ferre empowered Banco Popular, the Trustee to review the information contained in its annual Returns. As such, Banco Popular officers make sure that the information contained in the return is accurate and that no other information was omitted and undisclosed.”

“It is assumed that the directors, officers and management employees will recognize such areas and relation by analogy. However, it is the policy of the Board that the existence of any transaction is consummated. It shall be the continuing responsibility of the board, officers and management employees to scrutinize their transactions and outside business interests and relationships for potential conflicts and to immediately disclose such transactions. Disclosure of the organization should be made to chief executive office or if she or he is the one with conflict, the board chair, who shall bring the matter to the attention of Centros Sor Isolinas board chair or if she or he is the one with the conflict, then to the board vice chair, who shall bring their matters to Centros Sor Isolinas board of duty constituted committee thereof. Centros Sor Isolinas board of duly constituted committee thereof shall determine whether a conflict exists and in the case of an existing conflict, whether the contemplated transaction may be authorized as just, fair and reasonable to Centros Sor Isolina Ferre.”

“The Board of Directors of Centros Sor Isolina Ferre, upon request, makes its governing, including conflict of interest policy and financial statements available to the public.”

“Form 990, Part VI, Section B, Line 11A The Board of Directors of Centros Sor Isolina Ferre empowered Banco Popular, the Trustee to review the information contained in its annual Returns. As such, Banco Popular officers make sure that the information contained in the return is accurate and that no other information was omitted and undisclosed. Form 990, Part VI, Section B, Line 12C It is assumed that the directors, officers and management employees will recognize such areas and relation by analogy. However, it is the policy of the Board that the existence of any transaction is consummated. It shall be the continuing responsibility of the board, officers and management employees to scrutinize their transactions and outside business interests and relationships for potential conflicts and to immediately disclose such transactions. Disclosure of the organization should be made to chief executive office or if she or he is the one with conflict, the board chair, who shall bring the matter to the attention of Centros Sor Isolinas board chair or if she or he is the one with the conflict, then to the board vice chair, who shall bring their matters to Centros Sor Isolinas board of duty constituted committee thereof. Centros Sor Isolinas board of duly constituted committee thereof shall determine whether a conflict exists and in the case of an existing conflict, whether the contemplated transaction may be authorized as just, fair and reasonable to Centros Sor Isolina Ferre. Form 990, Part VI, Section B, Line 19 The Board of Directors of Centros Sor Isolina Ferre, upon request, makes its governing, including conflict of interest policy and financial statements available to the public.”

“Form 990, Part VI, Section B, Line 11A The Board of Directors of Centros Sor Isolina Ferre empowered Banco Popular, the Trustee to review the information contained in its annual Returns. As such, Banco Popular officers make sure that the information contained in the”