Proposed By-Laws - March 2025

BPWCCUL By-Laws Review 2025 – FINAL VERSION 23 EXISTING BY-LAW PROPOSED CHANGE RATIONALE Committee nor a candidate for any vacancy, to chair the elections. 3) No member of the Corporate Governance and Nomination Committee shall propose or sign off on the proposal form for any member who has offered themselves for election. 4) A member may nominate up to a total of three other eligible members to stand for election in one year across all Committees. All elections shall be by ballot and shall be determined by a majority vote except where there is no contest or in accordance with the provisions of the Act. By-law 35(2) In the event that there is an insufficient number of persons who have been pre-nominated to fill the vacancies on the Board, Credit Committee or the Supervisory Committee, nominations may be accepted from the floor. By-law 35(3) In the event that the number of persons who have been prenominated to fill the vacancies on the Board, Credit Committee or the Supervisory Committee is: a) equal to the number of vacant positions, the candidate(s) will be declared elected by acclamation. b) less than the number of vacant positions, the candidate(s) will be declared elected by acclamation, and the remaining vacant position(s) will be filled in accordance with the Act. To remove the option of filling vacancies from the floor. By-law 35(3) Where a person who has been nominated for a vacancy on the Board or any other Committee is successfully By-law 35(3): Changed to By-law 35(4)

RkJQdWJsaXNoZXIy MTA2MDM=