Resolution:Creating an Executive Committee and Updating Committee Charters

Resolution:Creating an Executive Committee and Updating Committee Charters

This resolution was approved on September 15, 2021.

Whereas, the Board of Trustees has adopted a committee evolution plan to maintain and improve Board effectiveness as the Board expands in size;

Whereas, Stage 2 of the plan, to be completed by September 2021, involves the creation of an Executive Committee, replacing the Board Governance Committee with the Governance Committee, replacing the Product Committee with the Product & Technology Committee, and updating the charters of the Audit Committee and the Human Resources Committee; and

Whereas, the Board Governance Committee has prepared new and updated charters for these committees;

Now, therefore, it is:

RESOLVED, that the Board creates an Executive Committee;

RESOLVED, that the Board adopts the Executive Committee Charter as set forth below;

RESOLVED, that the Board hereby dissolves the Board Governance Committee;

RESOLVED, that the Board creates a Governance Committee;

RESOLVED, that the Board adopts the Governance Committee Charter as set forth below;

RESOLVED, that the Board hereby dissolves the Product Committee;

RESOLVED, that the Board creates a Product & Technology Committee;

RESOLVED, that the Board adopts the Product & Technology Committee Charter as set forth below;

RESOLVED, that the Board adopts the updated Audit Committee Charter as set forth below; and

RESOLVED, that the Board adopts the updated Human Resources Committee Charter as set forth below.

Approve: Nataliia Tymkiv (Chair), Shani Evenstein Sigalov (Vice Chair), Tanya Capuano, James Heilman, Dariusz Jemielniak, Lisa Lewin, Raju Narisetti, Jimmy Wales

Not present: Esra'a Al Shafei (Vice Chair)

Resolution:Creating an Executive Committee and Updating Committee Charters

References