SCHEDULES

SCHEDULE 1E+WConstitution of public benefit corporations

DirectorsE+W

15(1)A public benefit corporation is to have a board of directors.E+W

(2)The constitution is to provide for all the powers of the corporation to be exercisable by the board of directors on its behalf.

(3)But the constitution may provide for any of those powers to be delegated to a committee of directors or to an executive director.