COUNTERPARTY CREDIT RISK POLICY

Key Elements Include:

• Governance responsibility and connection to the Risk Management Policy.

• Purpose and scope.

• Statements of confidentiality and conflict of interest.

• Delegation of responsibility.

• Connection to supply chain management responsibility.

• Credit assessment criteria.

• New counterparty credit approval process and credit renewal provisions.

• Credit assurance and provision of collateral.

• Credit exposure control, monitoring, and reporting.