International Olympic Committee

“COMPENSATION EMPLOYEES OF THE IOC ARE NOT U.S. RESIDENTS OR U.S. EMPLOYEES; THEREFORE, THE COMPENSATION INFORMATION FOR THESE INDIVIDUALS IS PROVIDED USING THE BEST INFORMATION AVAILABLE FORM W-2 EQUIVALENTs.”

“COMPENSATION REVIEW AND APPROVAL PROCESS The IOC Human Resources Committee ("HR Committee"), acting under its Policy and subject to the reserved powers of the President, reviews and approves compensation for the Director General and Executive Management. Decisions are made exclusively by independent members, based on comparability data from independent sources and external advisors, and documented contemporaneously in minutes. This process satisfies the rebuttable presumption of reasonableness under Treas. Reg. §53.4958 6 and includes annual benchmarking.”

“Explanation of classes of members or shareholders the ioc is comprised of members who are natural persons, not to exceed a total of 115 individuals. The members represent and promote the interests of the ioc and the olympic movement in their countries and in the organisations of the olympic movement in which they service. The members vote on important decisions related to the ioc, including the election of host cities for the olympic games, changes to the olympic charter, and election of new members, the ioc executive board and the ioc president. The members of the ioc are comprised of: - a majority of members whose memberships are not linked to any specific function or office, including up to five members who may be elected in special cases, their total may not exceed 70 and there may be no more than one such member national of any given country; - active athletes the number of whom may not exceed 15 - presidents or persons holding an executive or senior leadership position within international federations, associations of international federations or other organisations recognized by the ioc, the total number of whom may not exceed 15; and - presidents or persons holding an executive or senior leadership position within national olympic committees or world or continental associations of national olympic committees, the total number of whom may not exceed 15; there may be no more than one such member national of any given country within the ioc.”

“How members or shareholders elect governing body the ioc members have the power to elect the executive board of the ioc, which is carried out by vote during the general meeting of the ioc members.”

“Decisions of governing body approved by members or shareholders during the general meeting of the members of the ioc, the members vote on the following: - to adopt or amend the olympic charter - to elect members of the ioc, the honorary president, honorary members and honour members; - to elect the president, the vice presidents and all other members of the ioc executive board; - to adopt or amend the athletes' rights and responsibilities declaration - to resolve and decide upon all other matters assigned to it by law or by the olympic charter. The executive board assumes the overall responsibility for the administration of the ioc and management of its affairs, including approving all internal governance regulations relating to the organisation.”

“Form 990 review process the form 990 was prepared by the ioc's independent tax accountant, ernst & young llp, with assistance from the ioc's tax manager. The form 990 was then reviewed and signed off by the chief financial officer. A complete copy was provided to the chief operating officer and the director general prior to the filing date. The ioc form 990 was then approved by the chief operating officer and the director general prior to it being filed with the internal revenue service.”

“Monitoring and enforcement of conflicts of interest policy the ioc's conflict of interest policies and procedures are detailed within the ioc code of ethics, under the section titled "rules concerning conflicts of interests affecting the behaviour of olympic parties." the ioc code of ethics is readily available to the public and forms an integral part of the olympic charter. Prior to examination by the ioc executive board of a candidature for election as an ioc member, a candidate must declare any risks of conflicts of interests to the ioc chief ethics and compliance officer. The attention of the candidate may be drawn to any potential conflicts of interest identified. It is the personal responsibility of each person to avoid any case of conflict of interest. Faced with a situation of a potential conflict of interest, the person concerned must refrain from expressing an opinion, from making or participating in making a decision or accepting any form of benefit whatsoever. However, if the person wishes to continue to act, or if the person is uncertain as to the steps to take, the person must inform the ioc chief ethics and compliance officer of the situation, who then takes the steps below. The ioc chief ethics and compliance officer is responsible for advising persons, at their request, in a situation of a potential conflict of interests. The person concerned is then offered a solution from the following options: (1) registering the declaration without any particular measure; (2) removal of the person involved from part or all of the action or from the decision of the olympic part at the root of the conflict; (3) relinquishment of the management of the external interest causing the conflict; or (4) any complementary measures. The person concerned then takes the steps that he/she considers appropriate. In the event that a person neglects to declare a situation of a potential conflict of intetests, and/or is an actual conflict of interest situation, the ioc chief ethics and compliance officer may refer the case to the ioc ethics commission in accordance with the conditions set out in its rules of procedure. The ioc ethics commission will then propose to the ioc executive board either one of the measures provided above and/or one of the sanctions defined in the olympic charter.”

“Availability of governing documents to the public the ioc statues and by-laws, which form part of the olympic charter, code of ethics, and the annual report, which includes the financial statements, can be found on its website at www.olympic.org.”

“While the ioc has appropriately classified the individuals listed as key employees and highest compensated employees in accordance with part vii, these individuals are all of equal standing as part of the ioc administration.”

“The organisation's telephone number is +41 21 621 61 11”

“The IOC's role is: - To encourage and support the promotion of ethics and good governance in sport, as well as education of youth through sport and to dedicate its efforts to ensure that, in sport, the spirit of fair play prevails and violence is banned; - To encourage and support the organisation, development and coordination of sport and sports competitions; - To ensure the regular celebration of the Olympic games; - To cooperate with the competent public or private organisations and authorities in the endeavour to place sport at the service of humanity and thereby to promote peace; - To take action to strengthen the unity of the Olympic Movement, to protect its independence, to maintain and promote its political neutrality and to preserve the autonomy of sport; - To act against any form of discrimination affecting the Olympic Movement; - To encourage and support elected representatives of athletes with the Olympic Movement, with the IOC Athletes' Commission acting as their supreme representative on all Olympic Games and related matters; - To encourage and support the promotion of women in sport at all levels and in all structures with a view to implementing the principle of equality of men and women; - To protect clean athletes and the integrity of sport, by leading the fight against doping, and by taking action against all forms of manipulation of competitions and related corruption; - To encourage and support measures relating to the medical care and health of athletes; - To oppose any political or commercial abuse of sport and athletes; - To encourage and support the efforts of sports organisations and public authorities to provide for the social and professional future of athletes; - To encourage and support the development of sport for all; - To encourage and support a responsible concern for environmental issues, to promote sustainable development in sport and to require that the Olympic Games are held accordingly; - To promote a positive legacy from the Olympic Games to the host cities, regions and countries; - To encourage and support initiatives blending sport with culture and education; - To encourage and support the activities of the International Olympic Academy and other institutions which dedicate themselves to Olympic education; and - To promote safe sport and the protection of athletes from all forms of harassment and abuse.”

“Financial statements the international olympic committee is an international non-government not-for-profit association organized in switzerland, and functions in accordance with the swiss civil code. The consolidated financial statements of the ioc, as audited by an independent accountant, are prepared in accordance with and comply with the international financial reporting standards and as well the swiss law.”