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(Consolidated up to 176/2024) ALBERTA REGULATION 167/2007 Alberta Investment Management Corporation Act ALBERTA INVESTMENT MANAGEMENT CORPORATION ACT REMUNERATION REGULATION Table of Contents 1

Definitions 1.1 Application 2 Annual retainers 3 Board meetings 4 Committee meetings 4.1 Other remuneration 5 Coming into force

Definitions 1 In this Regulation, (a) “audit committee” means th e audit committee established under

section 10 of the Act; (b) “bylaws” means the byla ws made by the board of directors under

section 9 of the Act; (c) “director” means a memb er of the board of directors appointed under

section 4(1) of the Act. AR 167/2007 s1;176/2024 Application 1.1(1) This Regulation does not apply to a director who is (

a) the Minister, or (

b) the Deputy Minister of the Minister. (2) Subsection (1)(

a) is repealed on September 30, 2025. AR 176/2024 s3 Annual retainers 2(1) A director shall be paid a retainer in the amount of $20 000 per year during the director’s term of appointment as a director.

Section 3 AR 167/2007 ALBERTA INVESTMENT MANAGEMENT CORPORATION ACT REMUNERATION REGULATION 2

(2) A director who is designated as chair of the board under

section 4(2) of the Act shall be paid, in addition to the retainer referred to in subsection (1), a retainer in the amount of $50 000 per year during that director’s designation as chair.

(3) A director who is appointed as vice-chair of the board in accordance with the bylaws shall be paid, in addition to the retainer referred to in subsection (1), a retainer in the amount of $10 000 per year during that director’s appointment as vice-chair.

(4) A director who is appointed in accordance with the bylaws as chair of the audit committee shall be paid, in addition to the retainer referred to in subsection (1), a retainer in the amount of $10 000 per year during that director’s appointment as chair.

(5) A director who is appointed in accordance with the bylaws as chair of a committee established by the board shall be paid, in addition to the retainer referred to in subsection (1), a retainer in the amount of $7500 per year during that director’s appointment as chair. Board meetings 3 A director shall be paid $1000 for each day during which the director participates in meetings of the board of directors. Committee meetings 4 A director shall be paid $1000 for each day during which the director participates in meetings of a committee established by the board.

Other remuneration 4.1 A director may be paid, in accordance with policies established by the board and approved by the Minister, additional remuneration to compensate the director with respect to (

a) their time required to trave l to and from meetings of the board or of a committee established by the board, or (

b) their carrying out oth er duties as a director. AR 50/2008 s2 Coming into force 5 This Regulation comes into force on the coming into force of the Alberta Investment Management Corporation Act.

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