International Bioresources Group

“Raymond cypess, laurie boyer, steve kaminsky, ralph koch, douglas liu, james miller, lydia villa-komaroff, therese sellars, and josh labear, directors and officers of atcc global, had a business relationship during the tax year; they all served as directors and/or officers of atcc cell systems, inc., a related party as discussed on schedule r.”

“The form 990 is prepared by pricewaterhousecoopers llp ("pwc"), based on the information provided by the organization's staff. The board of directors has delegated the review of the form 990 to the finance and audit committee. Prior to filing with the irs, the form 990 is provided to the finance and audit committee. Once the form 990 is reviewed by the committee and is made available to the board, pwc signs as preparer and the chief financial officer signs on behalf of the organization.”

“Atcc global has a conflict of interest policy that requires officers and directors to disclose annually, interests that could give rise to conflicts. This policy is consistently monitored and enforced. Board members who have a conflict of interest do not vote on any matter related to the issue for which they have a potential conflict. Conflict of interest forms are distributed to, and signed by, the members of the board, and then returned to outside counsel for review. Disclosed conflicts, if any, are assessed by outside counsel, and outside counsel assists with any necessary follow up activities.”

“All of of atcc global's officers and directors are compensated directly by the american type culture collection, supported organization and common paymaster of atcc global. However, as atcc's parent, atcc global retains the right to approve executive and director compensation. The compensation committee of the atcc global board of directors reviews recommendations by the ceo of atcc and gives final approval for the compensation programs for atcc to include market and range adjustments, merit increases, bonuses, and benefits. A third party analysis of total executive compensation was conducted for calendar year 2014 compensation, and a similar analysis for the rest of the executive team will be completed in 2017. The compensation committee reviews and approves compensation for the ceo and executives using data for similarly qualified persons in functionally comparable positions within similar industries. Documentation of such discussions and decisions are captured in the meeting minutes.”

“The organization does not make its governing documents, conflict of interest policy or financial statements available to the public.”