The Member Insurance Ltd. Board of Directors is a strong, balanced blend of store owners and corporate executives whose exceptional knowledge and considerable experience strategically guide and support the delivery of long-term value to the Company. The Board currently consists of 8 directors who oversee the sound and prudent management of the Company through the development and implementation of sound corporate governance policies and procedures. The Board meets at least three times a year to discuss the Company’s underwriting, claims management, investments, general risk management, strategy and financial performance. To ensure that the Board members act in the best interest of the Company, each director is required to sign an Annual Statement of Business Ethics at the beginning of each year and to promptly declare any actual or apparent conflicts of interests.