BOARD CANDIDATE INFORMATION KIT

2013 ELECTIONS

TABLE OF CONTENTS

Section Page

Letter from the Chair of the Nominating Committee 2

Nomination and Election Process and Timing 3

Director Eligibility Information Overview 4

Important Information for Board Candidates in the 2013 Election 6

Board Candidate Eligibility Requirements 7

Director Qualifications 9

Election Campaign Policy 10

The Philosophy of Credit Unions 12

Instructions 13

Form - Official Nomination – Board of Directors 14

Form - Areas of Expertise / Experience Assessment 15

Form - Skill / Capability Assessment 16

Form – Board Summary Candidate Information 17

Page 1 of 17

Dear Prospective Board Candidate:

At Alterna Savings, we value the dedication and commitment of our members who choose to participate in our nomination and election process as a Board Candidate. We thank you for your interest in seeking nomination for our Board of Directors. Inside this package you will find information that clarifies the qualification criteria for Candidates and expectations of Board Members in their role of governing the credit union. You will also find everything that you need to complete the nomination process. Potential candidates are strongly encouraged to attend our information session on Monday, November 5, 2012 at 6:30 p.m. More information is available at www.alterna.ca.

To assist those Members who are considering candidacy, the Board appoints a Nominating Committee each year. The Committee’s primary role is to ensure, through a fair, open and transparent process, that Members are fully informed of the nomination and election processes, as well as to consider the qualifications of Candidates in order to ensure the highest quality board composition, and to meet any gaps identified by the Board in its analysis of the Board’s skills, knowledge and experience. An independent board governance expert and recruitment specialist will assist the Committee in its work.

This year the Nominating Committee has been tasked with recommending candidates in equal number to the number of positions available while seeking to select nominees who not only are qualified and meet the required criteria but who also possess specific skills and experience in the following areas: Financial Expertise; Mergers and acquisitions; and/or Information Technology Planning and Implementation.

This Committee is required to interview all applicants and to evaluate the experience, expertise and qualifications of candidates in relation to the specific Director selection criteria established by the Board from time to time.

A recommendation from the Nominating Committee will be based on the information received from the candidates through their assessment interviews and written materials as well as a gap analysis of the Board's skills, knowledge and experience. The recommendation from the Committee will be according to the following categories: “Recommended”, or “Not Recommended.” In addition, the Committee will indicate which candidates possess a skill or expertise that is a priority based on the gap analysis of Board skills and expertise. Note: No director who has served more than 15 years in aggregate shall be recommended for re-election to the board, unless recommended by two thirds majority of the Nominating Committee.  For purpose of this section, this shall include Alterna’s antecedent organizations, being CS CO-OP and Metro Credit Union.

If you have any questions about the enclosed information, you may speak with Madeleine Brillant, our Vice President Corporate Affairs, by email at Madeleine.Brillant@alterna.ca or at 613-560-0850. Or if you wish to speak with me directly, please leave a message with Madeleine and I will get back to you as soon as possible.

Sincerely,

Mary-Lu Brennan, Chair, Nominating Committee

Page 2 of 17

Nomination and Election Process and Timing

Candidates should ensure they are available on:January 7, 8 & 9 / January 22 & 24 / April 22, 2013

Date

1. Information session for interested Board candidatesHeld via video conferencing between 402 Albert Street and 165 Attwell Drive

Monday, November 5, 2012, at 6:30 p.m.

2. Deadline to submit the Official Nomination Form and other required material

Tuesday, December 11, 2012 at noon EST

3. Formal interviews of candidates by Nominating Committee Held via video conferencing between 402 Albert Street and 165 Attwell Drive

Monday, Tuesday and/or Wednesday, January 7, 8 or 9, 2013

4. Nominating Committee determines which candidates are recommended and informs each candidate of the decision

By Friday, January 18, 2013

5. Candidates have record their video (maximum of 2 minutes) and have their picture taken at 402 Albert Street, Ottawa, or 165 Attwell Drive, Toronto

Tuesday, January 22, 2013 (Ottawa) and Thursday, January 24, 2013 (Toronto)

6. The following is posted on Alterna’s website and is available in the branches: Notice of Annual Meeting Nominating Committee Report with recommendation of

candidates Each candidate’s photograph, video, biography and

contribution statement Candidate Summary Information Chart

February 20, 2013

7. In branch and electronic vote begins March 5, 2013

8. In branch and electronic vote ends April 16, 2013

9. Annual General Meeting Members may vote during registration until AGM starts at

6 p.m. The results of the election are announced

April 22, 2013

10. The Nominating Committee asks each candidate to respond to a questionnaire about their experience and any suggestions for improvements

By end of April 2013

11. The Nominating Committee calls each unsuccessful candidate for a debriefing.

By end of April 2013

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DIRECTOR ELIGILIBILITY INFORMATION OVERVIEW

Alterna Savings’ Nominating Committee is expected to: Ensure that there is a fair, open and transparent process; Check that candidates are eligible; Conduct a skill gap analysis of the current Board and identify the skills, qualifications

and expertise that are priorities for the election; Interview all eligible candidates in order to assess their skills, expertise and

qualifications; Recommend, in equal number to the number of positions available, candidates

who meet the individual director qualifications and who will add value to the Board as a whole as well as indicating those who have one or more of the priority areas of expertise;

Advise candidates after the interviews whether or not they will be recommended.

Priorities, Skills and Expertise that Alterna is Looking for in 2013This year, the Nominating Committee has determined that the following criteria will be priorities in determining those candidates who will be recommended to the membership:

1. Is able to read and comprehend Alterna’s Balance Sheet and Income Statement, and assess the implications of these documents;

2. Has experience serving on governance boards overseeing complex organizations which operate in a competitive environment or on boards of public or non-profit organizations of a scale and complexity similar to Alterna’s;

3. Is an expert in one or more of the following areas:a) Financial Expertise (CA, CGA, CPA, CMA, CFA or CIA)b) Information Technology Planning and Implementationc) Mergers and Acquisitions.

Alterna, as an organization, promotes diversity.

Note: A candidate who is not recommended for election by the Nominating Committee is provided with the opportunity to withdraw his/her candidacy or to pursue the process and run for election. The ultimate decision about whether to run for election rests with the individual. The ultimate determination of who will be elected as a director rests with the members.

To be eligible to stand for election as a Director of Alterna Savings, candidates must:• be 18 years of age or older;• be a member for more than one year;• be eligible as described in section 92(1) of the Credit Unions and Caisses Populaires

Act and section 4.02 of Alterna’s By-law1; 1 https://www.alterna.ca/SharedContent/documents/CorporateReports/AlternaSavingsBy-lawPost2012AGM.pdf

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• be a member in good standing;• be a Canadian citizen, or a person lawfully admitted to Canada for permanent

residency who is ordinarily a resident in Canada;• pass both a credit and a criminal records check;• be free of any conflict of interest that would result in an inability to fulfill the

responsibilities of a Director of Alterna Savings; • submit the Official Nomination Form and other required materials by the date and time

specified;• attend an interview with the Nominating Committee on January 7, 8 or 9, 2013.

The full requirements are outlined on pages 7 and 8.

Alterna Savings expects that each Director will have the following skills/capabilities:1. Ability to devote sufficient time and energy to the performance of their duties as a Director

(see page 6);

2. Willingness to assume the responsibilities associated with being a Director; 3. Willingness to undertake training and development activities to meet regulatory

requirements (see page 8);4. Has experience serving on governance boards overseeing complex organizations

which operate in a competitive environment or on boards of public or non-profit organizations of a scale and complexity similar to Alterna’s;

5. Be financially literate (i.e. Be able to read and comprehend Alterna’s Balance Sheet and Income Statement, and assess the implications of these documents);

6. Demonstrated integrity, high ethical standards and respect of privacy and confidentiality;

7. Ability to recognize and assess business risks and strategic opportunities; 8. Ability to distinguish between the Board’s role and Management’s role; 9. Demonstrated ability to think, act and speak independently and with conviction and

confidence;10.Good oral and written communication skills; 11.Ability to conceptualize and think strategically;12.Good problem solving and interpersonal skills;13.Access to, and ability to use, a computer, printer and the internet;14.Willingness to work within an electronic environment for Committee and Board

materials.

Page 5 of 17

IMPORTANT INFORMATION FOR BOARD CANDIDATES IN THE 2013 ELECTION

Positions AvailableThis year, members will be electing candidates to fill four positions. Each will be for a three-year term.

Board Structure and ProcessThe Board currently has five standing committees: a Governance Committee; a Business Oversight Committee; a Finance and Audit Committee; a Nominating Committee and a Risk Oversight Committee. Our website at www.alterna.ca provides more information about the role of each Committee.

Time CommitmentBelow is an estimate of the amount of time necessary to fulfill your role as a Director. Each director is expected to prepare for and attend Board meetings and to sit on at least two of the Board Committees. In addition, Board members are expected to attend two Board Retreats, in the Spring and in the Fall. Candidates should expect to dedicate 4 to 6 hours per week to Alterna business during their first year.

Item Minimum Estimated Time (not including travel)

Board meeting There are approx. 6 Board meetings per year. Board meetings can last between 4 and 6 hours per meeting. They take place during the day. The meetings are held either through videoconferencing between 400 Albert Street, Ottawa, and 165 Attwell Drive, Toronto; or in person at these locations, alternating between Ottawa and Toronto.

Read Board package 4 – 8 hours per meeting

Committee 1-2 meetings per quarter per Committee – from 3 to 4 hours per meeting

Read Committee package 4 – 8 hours per meeting

Board planning sessions Spring: 1 weekend per year, starting Friday morning (10:00 a.m.) and ending Saturday at 4:00 p.m. Fall: one full day

Electronic meetings E-meetings: Number varies - 1 to 5 per monthDirectors should make every effort to monitor their e-mail daily.

Training and development, community involvement

Directors are expected to attend education/training sessions and participate in community activities. The Board has set up four dates per year for education/training sessions. (In addition, see page 8)

RemunerationDirectors receive a $8,500 annual honorarium (paid quarterly) and $325 per half day meeting (up to six hours) that they attend. These payments are taxable as personal income.

Page 6 of 17

BOARD CANDIDATE ELIGIBILITY REQUIREMENTS

To serve as a Director of Alterna Savings, you must: be 18 years of age or older. be a member for more than one year2, be a member in good standing, not be an employee of Alterna or a former employee of Alterna for at least one year, not be involved in a lawsuit against Alterna, and be a Canadian citizen, or a person lawfully admitted to Canada for permanent residency who is ordinarily a resident in Canada.

In addition, the following people are disqualified by the Ontario Credit Unions and Caisses Populaires Act (Section 92(1)):1. One whose membership in any credit union has been terminated, other than

voluntarily.

2. One who a court has decided is of unsound mind.

3. One who is an undischarged bankrupt or who has been discharged as a bankrupt in the 5 years preceding the date on which she or he may be elected as a director.

4. One who is unable to obtain a bond of an insurer licensed under the Insurance Act to write surety and fidelity insurance.

5. One who is more than 90 days in arrears in the payment of a debt owed to the credit union unless the credit union has agreed to extend the time for repayment.

6. One who is listed as a person within the meaning of the United Nations Suppression of Terrorism Regulations under the United Nations Act (Canada).

7. One who has been convicted, in the five years preceding the date on which he or she may be elected as a director, of an offence as described in section 92 (3) of the Credit Unions and Caisses Populaires Act3 and who has not received a pardon for the offence.

8. One whose membership in a professional association has been terminated, in the five years preceding the date on which he or she may be elected as director, for professional misconduct.

9. An employee of the credit union or a league in which the credit union is a member, or his or her spouse, parent or child.

10.A professional advisor/consultant who provides services to the credit union in his or her professional capacity or who has provided such services in the three years preceding the date on which he or she may be elected as a director.

11.An employee of the Deposit Insurance Corporation of Ontario (“Corporation”).

12.A public servant employed under Part III of the Public Service of Ontario Act, 2006 whose employment duties include regulating credit unions.

2 You have to have been a member in good standing since December 11, 20113 The Credit Unions and Caisses Populaires Act can be accessed at www.e-laws.gov.on.ca

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13.One who has not met the training requirements or qualifications for directors established by the credit union.

14.One who has not met any reasonable condition or qualification set out in the by-laws of the credit union.

Requirement to Disclose any Conflict of InterestThe Credit Unions and Caisses Populaires Act also requires Board candidates to disclose if they are a party to a material contract or proposed material contract with the credit union. You must include the disclosure with your submission if you:

a) Are a party to a material contract or proposed material contract with the credit union;

b) Are a director or an officer of an entity that is a party to a material contract or proposed material contract with the credit union;

c) Have a material interest in a person who is a party to a material contract or proposed material contract with the credit union; or

d) Are a spouse, parent or child of an individual who is a party to a material contract or proposed material contract with the credit union.

Requirement to Achieve a Strong Level of CompetencyThe Deposit Insurance Corporation of Ontario (“DICO”), the regulator of Ontario credit unions, requires that each Director must achieve a strong level for each of the following nine core competencies within 24 months of election:

1. Audit and Compliance Oversight 6. Leadership2. Board and CEO Performance 7. Regulatory Environment3. Credit Union Operation 8. Risk Management Oversight4. Financial Literacy 9. Strategic Planning.5. Governance and Ethics

DICO considers that a competency can be acquired through education, working experience, experience on Boards and/or training. DICO expects that each Director will reach a strong level for each competency within 24 months. Faster requirements apply to the members of the Finance and Audit Committee and for the Chair of the FAC and the Chair of the Board. Each Director is expected to self-assess annually on the level attained for each competency and agree to a development plan as required.

Alterna Savings has a Policy on Director Training and Requirements, which endorses DICO’s requirements, encourages Director Development and provides related funding. Should you wish more information, consult:http://www.dico.com/design/Publications/En/Director-Training-2012-FINAL-DOCS/Guidance_Note_Director_Training_Class_2_Credit_Unions_%20March_2012.pdf

Page 8 of 17

DIRECTOR QUALIFICATIONS

The Board of Alterna Savings has adopted a policy as it relates to its expectations regarding the qualifications of individual Directors and the Board as a whole.

Throughout their tenure, all Directors must meet the legal qualifications for Directors set out in the Credit Unions and Caisses Populaires Act and in the By-law of Alterna Savings.

Alterna expects each Director to meet certain individual qualifications and the Board as a whole to possess knowledge and experience relevant to its mandate and operations. In general, Directors shall have the ability to act in the best interest of the Credit Union as a whole, and independently of any particular interest arising as a result of any previous, existing or future relationship with the Credit Union, its members, or suppliers. Board members must have the ability to operate “as a team” at the Board level and to be able to “speak with one voice” once a full discussion has been undertaken and a decision has been made by the Board in accordance with its governance policies.

The Board of Directors as a whole shall be broadly representative of its membership.

As a group, the Directors shall possess knowledge and experience relevant to Alterna’s mandate and operations. Based on a skill gap analysis of the Board, specific skill areas being sought for this year are:

Financial Expert

Information Technology Planning and Implementation

Mergers and Acquisitions.

Alterna Savings is a large and complex credit union. In fulfilling its fiduciary and duty of care responsibilities on behalf of the members, the Board of Directors provides oversight, due diligence, and strategic direction. It is essential that the directors, collectively, have the skills, qualifications, and expertise to carry out these responsibilities. Further, each Director is expected to be financially literate (i.e. Is able to read and comprehend Alterna’s Balance Sheet and Income Statement, and assess the implications of these documents) and to have experience serving on governance boards overseeing complex organizations which operate in a competitive environment or on boards of public or non-profit organizations of a scale and complexity similar to Alterna’s.

As well as having the required skill, knowledge and experience, the Board of Directors believes that it should, to whatever extent possible, reflect the diversity of the demographic make-up of the communities and membership that would provide for an ideal complement of gender, culture and communities served.

Page 9 of 17

ELECTION CAMPAIGN POLICY4

The Board of Directors determines the method and the manner in which candidates are permitted to campaign for election. Non-compliance with the following policy may result in a candidate’s disqualification, if the Nominating Committee so determines.

1.0 EFFECTIVE DATE OF THE POLICY

This policy takes effect as of the date that the candidate submits his/her nomination papers.

2.0 CANDIDATE INFORMATION PROVIDED TO MEMBERS

The Nominating Committee ensures that the following information about each candidate is made available to members through its website, in branches and at the Annual General Meeting, in English and French:

2.1 Picture – Alterna shall arrange to have the candidate’s picture taken and posted to the Alterna website at its own expense

2.2 Biography – As submitted by the candidate, according to the requirements outlined in the Board Candidate Information Kit. Alterna shall translate the candidate’s biography as required.

2.3 Contribution Statement – As submitted by the candidate, according to the requirements outlined in the Board Candidate Information Kit. Alterna shall translate the candidate’s contribution statement as required.

2.4 Video – Alterna shall arrange to have a video recorded by each candidate at its own expense.

The Nominating Committee‘s Report shall inform the members as to which candidates are recommended to become a Director. The Report shall precede the candidate information made available on-line and at the branches, and in the AGM package.

In addition, candidates may notify their friends, colleagues, acquaintances and networks of their candidacy, and may ‘work the room’ prior to the start of the Annual General Meeting.

4 Approved by the Board of Directors on September 20, 2012Page 10 of 17

3.0 CAMPAIGNING RULES

The Board of Directors believes that the above measures provide the opportunity for candidates to campaign in a fair, open and transparent manner. Campaigning activities beyond the above are strictly prohibited. For more clarity, these include but are not limited to:

No candidate shall interfere with the duties or seek assistance from any employee of Alterna or any member of the Nominating Committee in connection with the election.

Candidates shall not campaign on Alterna premises or interfere with nor impede any members of Alterna.

4.0NON-ADHERENCE TO THE POLICY

Non-adherence to the Election Campaign Policy may result in a candidate’s disqualification. If disqualified, within 24 hours, the Nominating Committee shall give written notice of such disqualification to the candidate and the notice shall specify the reason(s) for the disqualification.

4.1Impact of Candidate Disqualification

Once a candidate has been disqualified, no vote cast in favour of this candidate shall be counted in the tally of ballots, but the ballots shall not otherwise deemed to be void.

4.2Clarification

Candidates who are unsure of the intent of any part of this policy shall contact the Chair of the Nominating Committee for clarification.

4.3Dispute

Any dispute regarding interpretation, application or alleged violation of this policy shall be dealt with by the Nominating Committee. The decision of the Nominating Committee shall be final, non appealable and binding.

5.0 ROLES AND RESPONSIBILITIES

The Nominating Committee is responsible to review this policy annually and recommend it for approval to the Board of Directors.

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THE PHILOSOPHY OF CREDIT UNIONS5

Credit unions are based on a philosophy of co-operation, equality, equity and mutual self-help.

DEMOCRATIC STRUCTURE

Open and Voluntary Membership

Membership in a credit union is voluntary and open to all within the accepted common bond of association that can make use of its services and are willing to accept the responsibilities of membership.

Democratic Control

Credit union members enjoy one vote (one member, one vote) and participate in decisions affecting the credit union, without regard to the amount of their savings or deposits at the credit union.

Non-Discrimination

Credit unions are non-discriminatory in relation to race, nationality, sex, sexual orientation, religion or politics.

SERVICE TO MEMBERS

Distribution to Members

The surplus arising out of the operations of the credit union after ensuring appropriate reserve levels and after payment of dividends belongs to and benefits all members with no member or group of members benefiting to the detriment of others. This surplus may be distributed among members in proportion to their transactions with the credit union as interest or patronage refunds, or directed to improved or additional services required by members.

CREDIT UNION STRUCTURE

A credit union is a co-operative organization, which means each member has an equal vote in electing directors to the Board.

This democratic structure ensures that the business is run for the benefit of the member-owners and not for the profit of outside investors.

5 More information can be found at www.woccu.orgPage 12 of 17

INSTRUCTIONS

Candidates should return the Official Nomination Form page 14), the Areas of Expertise/Experience Assessment (page 15), the Skill/Capability Assessment Form (page 16) and the Summary Board Candidate Information (page 17), and submit a full and detailed curriculum vitae (resume) for the Nominating Committee.

Candidates should also submit a short biography (strict maximum of 300 words) and a statement indicating the contribution they would make to the Board (strict maximum of 300 words) for inclusion in the information packages to be posted on Alterna Savings’ Internet site, to be available at branches and at registration prior to the AGM 6. As these documents will be translated into French by Alterna Savings, they must be provided in Word format to facilitate the translation process.

Candidates who meet the minimum requirements are expected to attend a formal interview with the Nominating Committee, to take place on January 7, 8 or 9, 2013. Candidates should expect to be questioned on their areas of expertise and experience (see page 15) and on their skills/capabilities (see page 16) at the interview. It is recommended that candidates bring their submission package to the interview.

Each candidate will be given the opportunity to have a photograph taken and to record a video (up to a maximum of two minutes) for members voting in advance of the AGM of Alterna Savings.

On-line voting takes place prior to the AGM. Members who wish to vote in person can do so during registration immediately preceding the AGM.

The deadline for receipt of your Nomination Form, CV (resume), Biography, Contribution Statement and Summary Information is Tuesday, DECEMBER 11, 2012 at 12:00 noon eastern standard time. Your material may be sent by the following methods: handed in at any Alterna Savings branch faxed to 613-560-0177 to the attention of Madeleine Brillant e-mailed to Madeleine.Brillant@alterna.ca mailed to: Madeleine Brillant

Vice President Corporate AffairsAlterna Savings400 Albert StreetOttawa, ON K1R 5B2.

No matter which method of delivery is used, it must be received by 12:00 Noon Eastern Standard Time on Tuesday, December 11, 2012. This is a firm deadline and there will be no extension and no exception.

6 By signing the Official Nomination Form, you agree that your summary information, video, biography and contribution statement will be posted on Alterna Savings’ Internet site, made available at branches, and made available during registration prior to the AGM.

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OFFICIAL NOMINATION FORM - BOARD OF DIRECTORS2013 ELECTIONS

Each Board candidacy must be supported by two other members using this form.

As members of Alterna Savings, we are pleased to nominate:

(Print candidate’s name)

to stand for election to the Board at the 2013 Annual Meeting of Alterna Savings.

Nominator Name7 Signature of Nominator Member #1.

2.

Acceptance of Nomination

I accept this nomination as a candidate for election to the Alterna Savings Board.

Signature of Candidate8 Member Number Date

Candidate Information:

E-mail address: _____________________________________________________

Telephone (day): ___________________ (evening): _____________________

Included with this Nomination Form are the following documents:Completed Areas of Expertise/Experience Assessment (page 15) _____Completed Skill/Capability Assessment (page 16) _____Completed Board Candidate Summary Information (page 17) (in Word format) _____Biography (maximum 300 words) (in Word format) _____Contribution statement (maximum 300 words) (in Word format) _____Full, detailed curriculum vitae (resume) for the Nominating Committee _____

7 The Alterna Savings Board members and employees are members and they can nominate candidates8 By signing this form, you declare that you meet the Board Candidate Eligibility Requirements outlined on

page 7 of this document and agree to submit to a background, credit and criminal record check. You also agree to respect the requirements of the Election Campaign Policy outlined on page 10.

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AREAS OF EXPERTISE / EXPERIENCE ASSESSMENT

Name: ___________________________________

Please indicate your area(s) of expertise/experience by indicating E (expert), V (very competent), K (knowledgeable) and NA (Not Applicable) next to the applicable items within the following list. See below for definitions of E, V, K and NA.

Rating

1. Financial expertise* (CA, CGA, CPA, CMA, CFA or CIA)2. Senior and/or Upper Middle Management experience

3. Entrepreneurial and or Self-employment experience

4. Legal

5. Information technology planning and implementation*6. Enterprise-wide risk management

7. Community economic development

8. Financial Institutions experience

9. Co-operative sector experience

10.Corporate social responsibility

11.Mergers and acquisitions*12.Regulatory environment

13.Strategic planning

14. Human resources expertise

15. Marketing Expertise

16. Change management

17.Other area of expertise. Please specify:

Definitions:Expert: You possess a degree/diploma/certificate in a skill area and/or have work experience in that same area.Very Competent: You have direct, successful experience in an area as part of your work or volunteer activities.Knowledgeable: You possess knowledge of the basic fundamentals and concepts that are encountered in this skill area.Not Applicable: The area of expertise/experience does not apply to you.

* The Nominating Committee has determined, through a skill gap analysis of the Board, that the areas of expertise/experience in bold text are priorities for 2013.

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SKILL / CAPABILITY ASSESSMENT

Name: ___________________________________

Alterna Savings expects that each Director will bring to the Board a certain level of knowledge and experience, demonstrate certain attributes, and adhere to certain principles. The following questions will help you to assess the extent to which you meet these expectations. Please indicate yes or no in the space provided.

1. Do you meet the Board Candidate Eligibility Requirements? (see page 7)

2. To the best of your knowledge, are you free of any conflict of interest? (e.g. you can’t be an employee of Alterna Savings or Alterna Bank or of its regulators, you can’t be an employee or a Director of a competing financial institution.)

3. Are you able to read and comprehend Alterna’s Balance Sheet and Income Statement, and assess the implications of these documents?

4. Do you have experience serving on governance boards overseeing complex organizations which operate in a competitive environment or on boards of public or non-profit organizations of a scale and complexity similar to Alterna’s?

5. Do you have experience as the Chair of a Board or a Committee that follows a formal ‘Rules of Order’ format?

6. Can you recognize and assess business risks and strategic opportunities?

7. Do you have experience demonstrating that you can conceptualize and think strategically and that you possess good problem solving and interpersonal skills?

8. Do you demonstrate the ability to think, act and speak independently and with conviction and confidence?

9. Do you have sufficient time and energy to devote to the performance of duties as a member of the Board of Directors (see page 6)?

10.Do you have good oral and written communication skills?

11. In your personal and professional dealings, do you demonstrate integrity, high ethical standards and respect of privacy and confidentiality?

12.Are you willing to assume the responsibilities associated with the role of Director, including dedicating time to training and development (see page 8)?

13.Do you have a computer, printer and access to the Internet and do you have the ability to operate them?

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BOARD CANDIDATESUMMARY INFORMATION

Alterna Savings intends to publish on its website summary information about each candidate. This will assist our members in making a selection of their preferred candidates.

Name

3 words that best describe you

The information within each box below is strictly limited to a maximum of 20 words

Education/Professional Designation

Governance experience Participation on other Boards

Co-operative experience

Professional experience / Work history

Specialized expertise

Community involvement

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