Committees

Special Committee

The Special Committee is responsible for facilitating MOSAID Technologies Inc. ("MOSAID")'s Board of Directors (the "Board")'s evaluation of strategic alternatives for MOSAID to maximize shareholder value.

The Corporate Governance and Nominating Committee is made up entirely of independent directors.

Special Committee Mandate

The Special Committee, on behalf of the Board, is responsible for undertaking, conducting, overseeing, monitoring and otherwise facilitating an evaluation of strategic alternatives for MOSAID to maximize shareholder value and, on the basis of that evaluation, develop recommendations for the Board. The Special Committee has a written mandate which establishes its members, structure and reporting, the role of its Chairman and its purpose and responsibilities.

Please note: Information contained in the Investor Relations section of MOSAID's web site was accurate at the time of posting, but may have been superseded by subsequent disclosures.