Appendix J: Board committees

Appendix J outlines the purpose and composition of our Board Committees.

Financial Oversight Committee

The primary purposes of the Financial Oversight Committee include:

1. Informing and making recommendations to the Board on financial reporting and financial management issues;
2. Providing oversight on those issues that are fundamental to promoting the financial integrity of the management reporting process; and
3. Monitoring the financial performance of BDO.

The Board Chair appoints the Chair and members of this committee, which include:

• Chair of the Committee – Daryl Maduke, Partner, Tax
• Board members:
  • Jameson Bouffard, Partner, Assurance
  • Allan Payne, Partner, Business Services & Outsourcing
  • David Veld, Partner, Assurance

Executive Officers and others present by invitation of the committee may include:

• Chief Operating Officer – David Simkins
• Director of Finance – Joe Dobson

The CEO and Board Chair are invited to all committee meetings.

Governance & Risk Committee

The primary purposes of the Governance & Risk Committee include:

1. Assisting the Board in fulfilling its risk oversight responsibilities;
2. Ensuring periodic review and update of the Partnership Agreement, Board policies, and Operating policies;
3. Monitoring and supplementing the Board’s skills matrix; and
4. Other duties as determined by the Board.

The Board Chair appoints the Chair and members of this committee, which include:

• Chair of the committee – Janet Boyle, Independent Board Member
• Board members:
  • Jennifer Dunn, Partner, Tax
  • Kelly Hagen, Partner, Advisory
  • Bob McMahon, Partner, Assurance

Executive officers and others present by invitation of the committee may include:

• Chief Risk Officer – Amy Provvisionato
• Chief Legal Officer – Christina Porretta

The CEO and Board Chair are invited to all committee meetings.

Talent & Culture Committee

The primary purpose of the Talent & Culture Committee is to assist the Board in fulfilling its oversight responsibilities for:

1. Advancing talent management practices, including human resources strategy, employee engagement, and culture;
2. Providing input on succession and promoting talent management;
3. Reviewing and recommending partner compensation;
4. Reviewing and recommending executive compensation, including performance evaluation; and
5. Risks related to talent management.

The Board Chair appoints the Chair and members of this committee, which include:

• Chair of the Committee – Jennifer Dunn, Partner, Tax
• Board members:
  • Kelly Hagen, Partner, Advisory
  • Cheryl Hugill, Partner, Business Services & Outsourcing
  • Daryl Maduke, Partner, Tax

Executive Officers and others present by invitation of the committee may include:

• Managing Partner, Talent & Culture – Kerri Plexman

The CEO and Board Chair are invited to all committee meetings.

Strategy & Execution Committee

The Strategy & Execution Committee is an ad hoc committee that was created in 2022, as a result of the appointment of the new CEO. The primary purpose of the committee is to assist the Board in fulfilling its oversight responsibilities for approving the strategic plan of the firm and monitoring the firm’s direction as it relates to the plan.

The Board Chair appoints the Chair and members of this committee, which include:

• Chair of the Committee – Cheryl Hugill, Partner, Business Services & Outsourcing
• Board members
  • Jean Desgagné, Independent Board Member
  • Bob McMahon, Partner, Assurance
  • David Veld, Partner, Assurance

Executive officers and others present by invitation of the committee may include:

• COO – David Simkins
• Chief of Staff – Nick Lane

Managing partners and other individuals will be invited as guests of the committee when required.

The CEO and Board Chair are invited to all committee meetings.