Directors’ Report Cont’d

The Audit Committee is required to meet at least once per quarter. As such, this Committee met a total of four (4) times in 2022. Attendance

The Human Resources Committee – The Committee members as at December 31, 2022 were: Directors Lennox Bowman –Chairman, Timothy Providence, Medford Francis and Judith Veira. On June 02, 2022, Director Judith Veira was appointed to the Committee replacing retired Director Errol Allen.

The Committee is required to meet at least twice per year but met three (3) times for the year 2022.

Attendance Record as at December 31, 2022

Risk & Compliance Committee – As at December 31, 2022, the Committee comprised of 4 members as follows: Directors Lennox Timm– Chairman, Maurice Edwards, Medford Francis and Terral Mapp. On June 02, 2022, Director Terral Mapp was appointed to the Committee replacing Director Judith Veira.

The Committee is required to meet at least quarterly every year. They met for a total of four (4) times for the year 2022.

Attendance Record as at December 31, 2022

Ad-hoc Investment Committe – An Ad-hoc Investment Committee was established on June 02, 2022. The members of the Committee as at December 31, 2022 were: Maurice Edwards -Chairman, Lennox Timm, Terral Mapp, Lennox Bowman and three members of the Management Team – Derry Williams -Managing Director, Bennie Stapleton – Deputy Managing Director/CFO and Celestine Jackson- Senior Manager Finance.

The purpose of the Ad-hoc Investment Committee was to provide strategic direction and oversight of the Bank’s Investment Unit that were in keeping with the Bank’s risk appetite and overall strategic mandate. The Ad-hoc Investment Committee was a temporary committee that was to be dissolved upon full satisfaction, as determined by the Board, of its specific responsibilities outlined in its Terms of Reference (TOR).

The Committee met three times for the year under review.