1. Welcome to the Annual Meeting of the Canadian Coalition for Good Governance

2. 2007 Governance Gavel Winners

3. The CCGG has 45 full members with combined assets under management in excess of $1.4 trillion

4. The CCGG has published numerous documents providing guidance on corporate governance issues Corporate Governance Guidelines Compensation Guidelines Best Practices in Shareholder Communication Best Practices in Compensation Disclosure Break Fees Discussion Paper “Say on Pay” Position Paper Majority Voting Policy Draft Model Declaration of Trust Provisions for Public Trusts Report on Voting Results Statement of Principles Regarding Member Activism All documents can be downloaded from www.ccgg.ca

5. Companies have lowered their governance risk Based on the 127 companies that have been included in the study since 2003

6. 98 issuers have a majority voting policy Majority Voting Adoptees - 2006 to 2008 30 62 78 6 7 13 4 0 10 20 30 40 50 60 70 80 90 100 200620072008 Number of Companies Widely Held CorporationsControlled CorporationsIncome Trusts 30 Adoptees 68 Adoptees 98 Adoptees

7. Individual director elections are held in 53% of S&P/TSX Composite Companies Individual Voting using the best practice method Slate Voting (cannot vote for individual directors) Other Individual Voting methods

8. The histogram of governance scores continues to shift right 2002 0 5 10 15 20 25 0102030405060708090100 Score /100 Number of Companies

9. The histogram of governance scores continues to shift right 2003 0 5 10 15 20 25 30 0102030405060708090100 Score /100 Number of Companies

10. The histogram of governance scores continues to shift right 2004 0 5 10 15 20 25 30 0102030405060708090100 Score /100 Number of Companies

11. The histogram of governance scores continues to shift right 2005 0 5 10 15 20 25 30 0102030405060708090100 Score /100 Number of Companies

12. The histogram of governance scores continues to shift right 2006 0 5 10 15 20 25 30 0102030405060708090100 Score /100 Number of Companies

13. The histogram of governance scores continues to shift right 2007 0 5 10 15 20 25 30 0102030405060708090100 Score /100 Number of Companies