Board Mandate
The board of directors (the Board) of Freehold Resources Ltd. is committed to maintaining a high standard of governance. The Board has responsibility for the overall stewardship of Freehold Royalty Trust and its controlled entities (the Trust) and discharges its responsibility by reviewing, discussing and approving the Trust's strategic planning and organizational structure, and supervising management, including retention of the Manager, with a view to preserving and enhancing the underlying value of the Trust.
Audit Committee
Members: D. Nolan Blades (Chair), Peter T. Harrison and P. Michael Maher, all of whom are independent directors.
Compensation Committee
Members: Peter T. Harrison (Chair), D. Nolan Blades, Harry S. Campbell and P. Michael Maher, all of whom are independent directors.
Governance Committee
Members: P. Michael Maher (Chair), D. Nolan Blades and William W. Siebens, all of whom are independent directors.
Reserves Committee
Members: D. Nolan Blades (Chair), Harry S. Campbell and Peter T. Harrison, all of whom are independent directors.
Corporate SIFT Tax Strategy Committee
Members: William W. Siebens (Chair), D. Nolan Blades, Harry S. Campbell and Tullio Cedraschi, all of whom are independent directors.
Disclosure Committee
Members: David J. Sandmeyer, President & C.E.O., William O. Ingram, Executive Vice-President & C.O.O., Darren G. Gunderson, Vice-President, Finance and C.F.O., and Karen C. Taylor, Manager, Investor Relations and Corporate Secretary.