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CSA
Corporate Governance Policy
NP58 – 201, AND DISCLOSURE INSTRUMENT, NI58 – 101FI
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 (12 out of 12) independent.
*SIGA’s Board composition is 13 members with only 12 of those Directors
being confirmed as of this date.
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
– Advisor to the Saskatchewan Indian Institute of Technologies
Edward Henderson, Vice Chair: Independent
– Vice Chief, Prince Albert Grand Council
Gary LaPlante, Director: Independent
– Political and Policy Advisor Battlefords Tribal Council
Sheldon Wuttunee, Director: Independent
– Red Pheasant First Nation
Isabel O’Soup, Director: Independent
– Consultant, Key First Nation
Felix Thomas, Director: Independent
– Tribal Chief, Saskatoon Tribal Council
Reginald Bellerose, Director: Independent
– Chief, Muskowekwan First Nation
Brian Standingready, Director: Independent
– Chief, White Bear First Nation
Robert Gerow, Director: Independent
– Director of Education, Agency Chiefs Tribal Council
Richard Ben, Director: Independent
– Chief, Makwa Sahgaiehcan First Nation
Shirley Wolfe-Keller, Director: Independent
– Chief, Fishing Lake First Nation
Carol Bryant, Director: Independent
– VP Admin and Quality Improvement, Ranch Erhlo Society
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
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 roles of the Board, shareholders and that of President and CEO.
Yes