Climate Arc Inc.

“The Board reviews and approves the compensation of Climate Arc Inc.'s CEO and key employees each year. Independent board members base their review on benchmarking data and supporting analysis provided to them to help ensure salaries are reasonable and aligned with market levels. The process and decisions are documented in the Remuneration Committee meeting minutes.”

“The Form 990 was prepared by outside accountants and reviewed by the corporation's Head of Finance and the Executive Director & Head of Business Operations.”

“The corporate secretary of arc annually circulates a disclosure form for directors, officers, and staff to list organizations in which the director, officer or staff member or a family member plays a fiduciary or leading role. In addition, directors, officers, and staff must list those organizations in which they or an immediate family member holds a significant financial interest and with which arc has a business relationship. On the same form, directors, officers, and staff must acknowledge that they understand and adhere to the arc's conflict of interest policy and procedure. Directors, officers, and staff must inform the secretary of arc of any changes or new relationships.”

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

“Climate Arc Inc. does not directly employ staff. Personnel who perform services for the organisation are employed through a third-party Employer of Record (EOR) that manages payroll, benefits, and statutory employment obligations in relevant jurisdictions. The organisation reimburses the EOR for all related salary, benefits, and employment-cost expenses, which are reported as compensation expense in Part IX. Accordingly, "0" is shown on line 5 for employees of the organisation.”

“During the tax year, Climate Arc Inc. did not engage any professional fundraisers or conduct fundraising activities through outside professional fundraising firms. Professional services reported in Part IX line 11e represent internal fundraising support and related professional services, not the use of a professional fundraiser as defined for Schedule G purposes.”

“Climate Arc Inc. engaged an independent accounting firm to conduct an audit of its financial statements for the fiscal year. The audit was completed and issued separately, and the Audit Committee reviewed and accepted the report. The organisation has completed Schedule D, Parts XI and XII to reconcile the audited financial statements to the Form 990.”