SIGA’s Governance Practices
COMPOSITION OF THE BOARD
NP 58-201, Section 3.1
The Board should have the majority of
The directors on the SIGA Board are (13 out of 13) independent.
SIGA’s Board composition is 13 Members with 13 of those directors being
confirmed as of March 31, 2016.
NP 58-201, 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.
Reginald Bellerose, Chair: Independent –
Chief, Muskowekwan First
Nation, Touchwood Agency Tribal Council.
Edward Henderson, Director: Independent –
Chief, Montreal Lake Cree
Nation, Prince Albert Grand Council.
Brian Standingready, Director: Independent –
Chief, White Bear First
Nation, Southeast Treaty 4 Tribal Council.
Bob Gerow, Director: Independent –
Executive Director, Agency Chiefs
Richard Ben, Director: Independent –
Chief, Makwa Sahgaiehcan First
Nation, Meadow Lake Tribal Council.
Carole Bryant, Director: Independent –
Chief Financial Officer, Ranch
Delbert Wapass, Director: Independent –
Chief, Thunderchild First Nation,
Independent First Nations.
Kevin Poock, Director: Independent –
Chartered Financial Planner,
Battlefords Tribal Council.
Ron Martin, Director: Independent –
Dentist, Federation of Saskatchewan
Marie Anne Daywalker-Pelletier, Director: Independent –
First Nation, File Hills Qu’Appelle Tribal Council.
Darcy Bear, Director: Independent –
Chief, Whitecap Dakota First Nation,
Saskatoon Tribal Council.
Connie Big Eagle, Director: Independent –
Chief, Ocean Man First Nation
– Yorkton Tribal Council.
Kenny Moccasin, Director: Independent –
Chief, Moosomin First Nation,
Battlefords Agency Tribal Chiefs.
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. All directors have completed COI forms on file.
Section 1(d) does not apply to SIGA, as SIGA does not have share capital,
and is not an issuer.
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
NI 58-101FI, Section 1(f)
1 (f) Disclose whether the Chair of
the board is an independent
director; disclose the identity of
the Chair and describe the role
of the Chair.
Reginald Bellerose who is an independent director assumed the
responsibilities of Chair in February 2015.
The Chair reports to the Board and ultimately to the shareholders and is
responsible for presiding over meetings of the Board and ensuring the
Board discharges its fiduciary and legal responsibilities. The Board has
developed a terms of reference for the Chair in policy B03-012 which can
be obtained from SIGA upon request.