Annual General Meeting

March 19, 2013

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AGM Agenda

1. ORRA’s Mission, Value & Structure;2. Volunteer Opportunities within ORRA;3. Emphasis in 2013;4. Financial Update;5. Resolutions;6. 2013 Programming Calendar;7. An outstanding panel of industry experts

shares with us their insights into the exciting field of HR Technology

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ORRA’s Mission• ORRA is a not-for-profit Professional

Association for Human Resources Practitioners, founded to advance the professional practice of compensation, benefits and total rewards.

• ORRA is a member of WorldatWork’s Local Network, facilitating local access to WorldatWork Education and Certification.

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ORRA’s Value• Local presence promotes networking and

sense of community• Better understanding of local needs• Affordable membership fees• Proven effectiveness of WorldatWork

Standard Operating Structure in Canada• Access to broader HR network in Eastern

Ontario and across Canada

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ORRA Organizational Structure

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Jan van Zyll de JongPast President

Nancy CrainSecretary

Dean FulfordTreasurer

VacantPresident

VacantVice-President

Legal & Financial Governance

World at Work Local Networks

Legal & Financial Governance

Marketing LeadMike D’Amico

Program LeadSarah Boardman

Membership David Hemphill

WebsiteLee Whelley

CommunicationsKaren Racicot

Student ProgramsVacant

EducationLeah Keith / Anoop

Busuttil

Programs Joanne Picavet

LogisticsMike DesLaurier

ConferenceGina Maddelena

BOD

Financial StatusAs of December 31, 2012

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Notice from KPMG

To the Members of Ottawa Regional Rewards Association

We have reviewed the statements of financial position of Ottawa Regional Rewards Association as at December 31, 2012, December 31, 2011 and January 1, 2011 and the statements of operations and changes in net assets and cash flows for the years ended December 31, 2012 and December 31, 2011. Our reviews were made in accordance with Canadian generally accepted standards for review engagements and, accordingly, consisted primarily of enquiry, analytical procedures and discussion related to information supplied to us by the Association. A review does not constitute an audit and, consequently do not express an audit opinion on these financial statements.

Based on our reviews, nothing has come to our attention that causes us to believe that these financial statements are not, in all material respects, in accordance with Canadian accounting standards for not-for-profit organizations. The financial statements of Ottawa Regional Rewards Association as at and for the year ended December 31, 2011 were reviewed by another accountant.

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Balance Sheet (Reviewed) as of December 31, 2012

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AssetsCash and Accounts Receivables $ 35,081GIC - Investment $ 60,000Prepaid Expenses - TOTAL ASSETS $ 95,081

LiabilitiesAccounts Payable and Accrued Liabilities $ 3,293Deferred Revenue 0,904 TOTAL LIABILITIES $ 4,197

Retained EarningsUnrestricted $ 90,884TOTAL RETAINED EARNINGS $ 90,884

TOTAL LIABILITIES AND RETAINED EARNINGS $ 95,081

Income Statement (Reviewed) January 1, 2012 to December 31, 2012

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RevenueORRA Event fees $ 6,220W@W events $ 14,286Membership Dues $ 6,721 Interest -Miscellaneous $ 604TOTAL REVENUE $ 27,831

Expenditures Advertising and promotion $ 2,120 Bank charges and interest 1,602 Event hosting 8,662 Professional Fees 3,969 Conference attendance 2,265 Office, meetings 1,756TOTAL EXPENDITURES $ 20,374

Net Profit $ 7,457

Comparative Balance Sheet 2007 to 2012

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2007 2008 2009 2010 2011 2012

Assets $74,107 $87,952 $91,782 $93,409 $87,506 $95,081

Liabilities 20,942 19,871 21,545 17,918 4,076 4,197

Retained Earnings 53,165 68,081 70,237 75,491 83,430 90,884

Comparative Income Statement 2007 to 2012

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2007 2008 2009 2010 2011 2012

Revenue

Event fees $34,922 $52,884 $21,633 $40,557 $20,396 $20,506

Membership dues 4,310 3,980 5,465 5,166 5,902 6,721

Interest 672 - 1,180 1,180 2,500 -

Miscellaneous - 12 954 1,143 315 604

Total Revenue $39,904 $56,876 $29,232 $47,906 $29,113 $27,831

Expenses

Advertising & promotion $ 5,719 $ 5,429 $ 2,774 $ 13,598 $ 4,717 $ 2,120

Event hosting 11,622 28,568 13,298 15,249 7,225 8,662

Professional fees 2,500 2,500 2,500 5,822 5,835 3,969

Conference attendance - 648 5,352 2,841 648 2,265

Other 950 4,815 3,152 5,142 2,749 3,358

Total Expenses $20,791 $41,960 $27,076 $42,652 $21,174 $ 20,347

Profit $19,113 $14,916 $ 2,156 $ 5,254 $ 7,939 $ 7,457

Resolution 1The following individuals have been put forward for ORRA Board of Director positions for 2013. No position had more than one person nominated:

1. Interim President (until Oct 1/13) - Jan van Zyll de Jong

2. Vice President – Vacant

3. Secretary – Nancy Crain

4. Treasurer – Dean Fulford

5. Past President – (after Oct 1/13) Jan van Zyll de Jong

Be it resolved that the individuals listed above be approved as the 2013 ORRA Board of Directors.

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Resolution 2Financial Statements:

• NOW THEREFORE BE IT RESOLVED THAT:the financial statements of the Corporation for the period ended December 31, 2012, including the balance sheets at such dates, are hereby confirmed to have been received by the members.

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Dispensing with the appointment of an auditor:

• Be it resolved that all of the members of the Corporation, hereby consent pursuant to Section 96.1 of the Act to the exemption of the Corporation from the requirements of Part II of the Act regarding the appointment and duties of an auditor in respect of the financial period of the Corporation ending December 31, 2012.

Resolution 3

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Resolution 4Confirmation of Proceedings:

BE IT RESOLVED THAT:• notwithstanding: (i) any failure to properly convene, constitute, proceed with, hold or record any

meeting of the board of directors or members of the Corporation for any reason whatsoever, including, without limitation, the failure properly to waive or give notice of a meeting, hold a meeting in accordance with a notice of meeting, sign the minutes of a meeting or sign a ballot electing a slate of directors; or (ii) any failure to pass any resolution of the directors or members of the Corporation or any by-law of the Corporation for any reason whatsoever, all by-laws, approvals, appointments, elections, resolutions, contracts, acts and proceedings enacted, passed, made, done or taken, or intended or purporting to have been enacted, passed, made, done or taken since the incorporation of the Corporation as set forth or referred to in the resolutions of, or in the minutes of the meetings of, the board of directors or members of the Corporation or other documents contained in the minute or record book of the Corporation, or in the financial statements of the Corporation, and all actions heretofore taken in reliance upon the validity of such minutes, documents and financial statements, are hereby sanctioned, ratified, confirmed and approved; and

• without limiting the generality of paragraph 1 above, all by-laws, approvals, appointments, resolutions, contracts, acts and proceedings of the board of directors of the Corporation enacted, passed, made, done or taken since the incorporation of the Corporation as set forth and referred to in the resolutions of, or in the minutes of the meetings and resolutions of, the board of directors in the minute book and record book of the Corporation or in the financial statements of the Corporation are hereby approved, ratified and confirmed.

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Programming Update

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Month EventJanuary Breakfast Session: Speed NetworkingFebruaryMarch AGMAprilMay Course: T1 - Total Rewards ManagementJune Breakfast Session: Executive CompensationJulyAugustSeptember ORRA/HRPA Capital Connections Conference

Breakfast Session: Annual Compensation PlanningOctober Course: T4 – Strategic Communication in Total Rewards November Breakfast Session: Influence (Mr. Clive Mather)December

Capital Connections Conference• This one and a half-day event focuses on human

resources issues affecting Canadian businesses in the Eastern Ontario and Quebec regions.

• Dates: September 17 & 18, 2013• Location: Ottawa Convention Centre (Hampton Inn

East end)• Responsibilities

– Programming: ORRA– Logistics & Marketing: HRPA

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