Management and Organization

FORUS Industry grants broad approval authority to responsible line executives to initiate, act on, and be accountable for, significant decisions and commitments related to their operations as defined in the policies and procedures of the Corporation and its Strategic Plan. Decisions that involve extraordinary risk or financial commitment to the Corporation, that have broad implications to the Corporation or that relate to external legal, financial or public relations issues are retained at the Corporate level in accordance with the One FORUS Industry Matrix of Authority & Responsibility.

This policy applies to FORUS Industry and all FORUS’ businesses and subsidiaries worldwide, including joint ventures and similar partnerships managed by FORUS Industry.

One FORUS Industry Matrix of Authority & Responsibility A document prepared for and approved by the FORUS Industry Chief Executive Officer delegating authority and accountability for essential business activities and processes to responsible positions or individuals throughout the Corporation to promote efficient and effective conduct of FORUS Industry’ business.