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2007-2008 ANNUAL REPORT
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C S A C O R P O R A T E G O V E R N A N C E P O L I C Y
N P 5 8 – 2 0 1 , A N D D I S C L O S U R E I N S T R U M E N T , N I 5 8 – 1 0 1 F I
SIGA’s Governance Practices
Does SIGA Align?
COMPOSITION OF THE BOARD
NP 58-201, section 3.1
The board should have the majority of
independent directors.
The directors on the SIGA board are (7 out of 7) (8 out
of 8) independent. *SIGA ‘s new Board composition is 13
members with only 8 of those Directors being confirmed
as of this date.
Yes
NP 58-201, section 3.2
3.2 The chair of the board should be an
independent director who is the effective
leader of the board, who ensures that
the board’s agenda will enable it to
successfully carry out its duties.
The Chair of the Board is an independent director who
provides leadership in Board organization, processes,
effectiveness and renewal and serves as a liaison between the
role of the board, shareholders and that of President & CEO.
Yes
NI 58-101F1, sections 1(a) and (d)
1 (a) Disclose the identity of directors who
are independent;
(b) Disclose the identity of directors who
are not independent and the basis for
that determination;
(c) Disclose whether the majority of directors
are independent; and
(d) Disclose whether a director is a
director of any other issuer that is
a reporting issuer.
Ray Ahenakew, Chair: Independent
– President & CEO Saskatchewan Indian Institute of
Technologies
Edward Henderson, Vice Chair: Independent
– Vice Chief of the Prince Albert Grand Council
Carole Bryant, Director: Independent
– Vice President of Administration
Ranch Ehrlo Society
Delores Burkart, Director: Independent
– Consultant
Gary Laplante, Director: Independent
– Political and Policy Advisor Battleford’s
Tribal Council
Robin Woodward, Director: independent
– CEO Saskatchewan Forestry Center
Isabel O’Soup, Director: independent
– Chief of Key First Nation
Felix Thomas (appointed March 2008)
– Chief of Kinistin First Nation
Reginald Bellerose, Director: independent
– Chief of Muskowekwan First Nation
Brian Standingready, Director: Independent
– Chief of White Bear First Nation
Robert Gerow, Director: independent
– Executive Director, Agency Chiefs
Tribal Council
This criterion is met by all current board members being
external directors (i.e. not managers or employees of SIGA)
and by having each board member complete and sign
Code of Conduct Acknowledgement and Conflict of Interest
Disclosure forms. Test results confirmed that completed
forms are on file for all directors. Section 1(d) does not
apply to SIGA, as SIGA does not have share capital, and is
not an issuer.
Yes