1846 Enterprises Inc.

“Paul Lowell Haines, Ronald Sutherland, and Stephen Olson are officers and employees of Taylor University.”

“The Supported Organization (Taylor University) is the sole Voting Member of the Corporation.”

“The Board of Trustees of Taylor University appoints the Board of Directors of 1846 Enterprises. An appointed director may be removed by vote of the Board of Trustees of Taylor University.”

“The affirmative vote of the Voting Member shall be required for approval of the following corporate actions: (a) To amend, alter, change, or repeal the Articles of Incorporation; (b) To amend, alter, change, or repeal the Bylaws; (c) To merge or consolidate the Corporation with any entity or entities; (d) To sell, lease, or exchange more than fifty percent (50%) of the property or assets of the Corporation; (e) To engage in any transaction that will result in evidence of the Corporation incurring debt; or (f) To dissolve the Corporation.”

“The Corporation's independent certified public accounting firm prepared the Form 990, it was reviewed by the Secretary/Treasurer, and finally it was presented to the Board for review prior to filing. The Corporation utilized this process to ensure that its Form 990 received substantive review by directors and professionals with specific knowledge of the Corporation's activities and extensive financial, accounting and tax expertise.”

“The Corporation has adopted a Conflict of Interest Policy that requires directors, officers and key employees to submit an annual conflict of interest disclosure. The annual disclosure requires directors, officers, and key employees to disclose, in writing, any known financial interest that the individual (together with family members) has in any business entity that transacts business with the Corporation. In addition, directors, officers, and key employees are required to immediately disclose any possible conflict of interest that arises mid-year in relation to a proposed transaction. The Conflict of Interest Policy requires that any individual with a conflict be recused from the decision making process, that independent directors or committee members determine that the proposed transaction is in the best interests of the Corporation, and the transaction must be approved by a vote of the independent directors or committee members without the participation of any interested individual. The annual conflict disclosure statements are submitted to, and reviewed by, the Audit Committee chairperson. In addition, the executive staff is responsible for monitoring any possible conflict transactions that arise and managing them to ensure that all transactions represent arms' length, fair market value terms for the benefit of the Corporation.”

“The Corporation makes its governing documents and financial statements available to the public upon request, either as printed or an electronic copy, for the same period of disclosure as set forth in IRC section 6104(d).”