Industry committee  The decisions to invest in a company were made at the board level after thorough review and debate by various committees leading up to management- and board-related committees, but the actual review of contribution agreements was not something that was routinely brought back to the board.

Industry committee  I was a board member from 2016 to 2022.

Industry committee  I stand by my earlier comments, in which I viewed the processes of governance associated with the board to be excellent. The diversity of board members, the robust discussions, the policies in place around conflict of interest, obviously specific to today's discussion, were rigorously maintained and monitored.

Industry committee  Just to look for a little clarification in your question, are you asking whether the contribution agreements, well after a board decision was made to approve a grant, came back to the board?

Industry committee  I felt like an outsider. I had no conflicts, and no recusals were ever required, so I never did sit out in those situations.

Industry committee  I certainly imagine they would have been recorded properly. They were managed rigorously, and the conflict of interest policy was well understood by all board members. The policy was reviewed each year by all board members. In any orientation program for new board members, it is one of the primary themes, so it was a well-understood policy, and it was rigorously managed.

Industry committee  That's correct. It was roughly two years; I don't know exactly how long it was.

Industry committee  I'm not sure that was actually formally in place until shortly after I left. It was one we were considering instituting, but it wasn't yet in place.

Industry committee  That's correct—well, later in 2022, not early 2022.

Industry committee  It was a prior CEO of the company, and the owners and managers advanced a proposal well before I participated, so yes, but it wasn't from me; it was from them.

Industry committee  Under the management, I might have spoken with one particular individual at one point about the possibility of a prior grant application made by Leith Moore, the CEO then.

Industry committee  I have very brief remarks. My name is Geoff Cape. I was on the board from probably early in 2016 until the end of September or early October 2022. I was nominated to the board by Susan McArthur, through the member council, so it was a non-political invitation. I served as chair of the governance committee for roughly two years.