The Risk Review Committee of the Bank is comprised entirely of independent directors and performs several functions, including the following:

• Recommends policies governing management of credit risk, market risk, structural risk, and liquidity and funding management, and receives management reports regarding adherence to policies
• Reviews the investment and lending policies on an ongoing basis to ascertain whether they are prudent and appropriate given possible changes in market conditions and corporate strategy, and receives management reports regarding adherence to policies
• Ensures that policies, procedures and controls for managing credit risk, market risk, structural risk and liquidity and funding management are in place
• Reports regularly to the Board of Directors

Members (Bank): Douglas W. Gough (Chair), Arnold E. Hillier, C. Scott Ritchie