2023-11-14T17:08:31-07:00 2022-12-31 990 2022-01-01 980000680 THE INDEPENDENT ORDER OF FORESTERS INDE 4164293000 789 Don Mills Road Toronto Ontario CA M3C 1T9 Balina Bawa VP, Global Tax Compliance&Planning 4164672537 2023-11-13 1 1 11 1 AAL2 X 2022 2023-04-26 12:10:37Z Rene Zanin 789 Don Mills Road Toronto ON CA M3C1T9 843418120 0 1783 X www.foresters.com X 1881 CA Foresters is a fraternal benefit society that provides financial services products and unique benefits to its members and their families. Through its member-governed Branch network, Foresters members are provided opportunities to organize and participate in local volunteer activities and family-focused events. Within this model of community service, Foresters lives its purpose of enhancing the well-being of its members, their families and their local communities. 15 14 78 3495 0 0 0 0 823898683 739836317 49384124 -809198494 -160225768 912780297 713057039 843418120 3958546 8287044 483227762 495380005 63390437 89635905 0 0 0 299128881 163646250 849705626 756949204 -136648587 86468916 6129337660 5126809799 4569819578 3589783829 1559518082 1537025970 Foresters Common Bond informs its purpose is to champion the well-being of its members, their families and communities where they live, which it does through quality life insurance, unique member benefits, and inspiring community activities. Foresters is governed by its members. 0 0 733561823 Insurance Benefits: Foresters provided Insurance Benefits, including life, health and annuity benefits, for approximately 2,447,407 members across the United States, Canada and the United Kingdom. The cost for providing such membership benefits was approximately $733 million, excluding changes in actuarial reserves. 11927303 Fraternal Benefits and Grants: Foresters provide its members, at no additional cost, with a variety of fraternal benefits outside of the traditional insurance benefits described above. These benefits demonstrate Foresters commitment to the purpose of assisting members, enhancing their well-being, and benefiting their communities. These benefits provide aid in times of trouble, illness or need. The following programs were funded by Foresters for its members. * Scholarship Program (US/Canada/UK) - Foresters granted 287 new scholarships valued at $2,500/year in local currency in North America and £1,000/year in the UK, to members, their spouses, children and grandchildren. This benefit was awarded based upon academic credentials and participation in charitable and philanthropic activities. Foresters provided approximately $870,650 towards the scholarship program in 2022. * Lifelong Learning/LawAssure (US/Canada/UK) - Foresters provided these two personal assistance benefits to Foresters members who are seeking learning & development in areas such as but not limited to financial planning, health & wellness, and professional development... as well as access to an online document preparation tool to support in documental creation such as Wills & Power of Attorney". o Lifelong Learning allows Foresters members to explore learning opportunities through a customizable online platform where they can learn at their own pace and track their progress. Lifelong Learning provides members with access to over 200 in-demand, personal development courses and is offered to Foresters members in all geographic areas. It cost approximately $144,535 to fund this benefit in 2022. o LawAssure is an online document preparation service that gives you access to customizable documents, making it simple and convenient. Members can create customizable wills, powers of attorney and healthcare directives from the comfort of their own home. It cost approximately $187,830 to fund this benefit in 2022. * Connected Health Program/Foresters Go Dacadoo (US/Canada/UK) - Foresters Go is digital wellness app based benefit where members can proactively track their diet and fitness habits using different wellness features and earn reward points. Purpose & Community (P&C) is a purpose-driven section of this member benefit designed to reward members and boost their wellbeing through volunteering. In 2022, over 6,261 participated in the Foresters Go program and earned rewards points from downloading and registering the Foresters Go app, from promotions and in-app activities and challenges. It cost over $1.3 million to fund this program in 2022. * Critical/Terminal Illness benefits (US/Canada) - In 2022, 165 Foresters members received approximately $609,860 in critical illness benefits to help defray the cost of health care. * Orphan Benefits (US/Canada) - In 2022, Foresters provided approximately $173,200 to legal guardians for care and support of orphans. Additionally, orphans received four years college scholarships. * Senior Member Benefits (US/Canada) - Foresters provided complete residential housing and/board for 44 of its most needy members at two retirement homes. In 2022, approximately $1.13 million in services were provided. * Funding Local Community Activities (US/Canada/UK) - In 2022, Foresters contributed approximately $2.95 million to the Branch Network in the US, UK and Canada. These funds are held in trust in separate accounts and is administered by the Foresters staff on behalf of Foresters Branches in the US, UK and Canada. Members can apply for these funds to carry out fraternal and community volunteer activities. In 2022, 2,929 activities took place engaging 35,032 members. These funds were used to organize community involvement activities that responded to a real need in a member's community supporting charitable organizations such as children's hospitals, local Boys and Girl Clubs. Related to this initiative, Foresters also supports strengthening families by allowing members to apply for funding to organize fun-family activities in their communities. The funds held in the Branch Network are used to support these types of activities as well. 11460078 Foresters Community Partnerships: Every year, Foresters offers direct support to charities that enhance the well-being of families and communities. Partnerships with non-profit organizations like, but not limited to, Whole Kids Foundation, National Clean-Up (Clean Trails), Evergreen Foundation, and Cash for Kids (in the UK) make this possible at a local level. Members work with these organizations, lending their time to improve the quality of life and well-being of local families and their communities. Sustainability Partnerships: * To support giving back to our communities and investing in educating our members and their families on the importance of living a sustainable life, Foresters has partnered with the following organizations: o The Whole Kids Foundation - The Whole Kids Foundation supports children and their families in learning about nutrition and wellness. By partnering with organizations like Foresters, the Whole Kids Foundation helps provide grants for school gardens and organizes sustainability activities like pollinator preservation events. o Evergreen - Evergreen champions sustainable change in communities across Canada to help make cities more livable, green and prosperous. Since 2020, Foresters has partnered with Evergreen to create a series of sustainable gardens at the Evergreen Brick Works site in Toronto, Ontario, that supports pollinators, provides access to nutritious food, and fosters a regenerative ecosystem. o Clean Trails/National Cleanup Day - Clean Trails is a community of people focused on keeping the world's natural spaces and the trails that pass through them clear of litter. National Cleanup Day is an initiative by Clean Trails that calls on people to join or start a cleanup project in their communities. o One Tree Planted - One Tree Planted uses donations from people and businesses to plant trees in areas that need them most to help fight climate change. Individuals can get more directly involved by starting fundraisers or becoming tree ambassadors and organizing their own tree planting initiatives. * In 2022, Foresters invested about $300,000 to support building gardens in member communities across US, UK and Canada. We also planted over 20,000 trees across the 3 countries. Due to the COVID-19 pandemic, we were unable to gather in-person in our typical manner and, as such, saw a smaller spend in partnership dollars than a normal year. Cash for Kids (UK) * Cash for Kids is an umbrella brand for Bauer Radio's network of registered local charities. Since 2009, Foresters has been working with Cash for Kids to provide volunteer opportunities for our members that support children and family time. * In 2022, Foresters provided approximately $29,649 to sponsor the Cash for Kids Mission Christmas campaign. With this support, the campaign raised over £8 million in cash, gifts and toys and helped almost 200,000 children and their families to have a better holiday season. Throughout November and December, Foresters staff hosted virtual events throughout UK, where members and their families created care packages for these disadvantaged children. 0 0 0 756949204 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 1 0 1 1 1 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 11988 0 1 78 1 0 1 CA UK 0 0 0 0 1 0 X 15 14 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 CA X Terence Chan 6472101097 789 Don Mills Road Toronto Ontario CA M3C 1T9 James R Boyle CEO Advisor 50 X 2391828 0 0 Louis Gagnon President and Chief Executive Officer 50.00 X 1594275 0 0 David Longfritz Chief Global Marketing Officer 50.00 X 1227128 0 0 Mathew Berman President, Foresters US 50.00 X 929210 0 0 Alvin Sharma Global Chief Financial Officer 50.00 X 725596 0 0 Mehul Kapadia Global Chief Information Officer 50.00 X 668109 0 0 Rene Zanin Global Chief Legal Officer & Chief Compliance Officer and Corporate Secretary 50.00 X 559893 0 0 Marcia Mendes-d'Abreu Chief Human Resources Officer 50.00 X 530088 0 0 Guarav Upadhya Global Chief Actuary & Chief Risk Officer 50.00 X 528348 0 0 Mark Rush Chief Distribution Officer, US Sales 50.00 X 476826 0 0 Nicole Gourley Former Global Chief Membership and Marketing Officer 50.00 X 443433 0 0 Jon Stephen McDonald Vice President, Special Projects 50.00 X 403119 0 0 Trudy Engel Vice President & Chief Valuation Actuary 50.00 X 372510 0 0 Bruce Burak AVP, US Sales 50.00 X 348909 0 0 Parker Brown General Counsel, Legal Services 50.00 X 338613 0 0 Charles Morrison AVP, US Sales 50.00 X 317741 0 0 Kelly Steinmetz AVP, US Sales 50.00 X 311807 0 0 Sujeether Kumareswaran Vice President, Actuarial Transformation and IFRS17 50.00 X 311794 0 0 Caroline Rendall Vice President, Risk 50.00 X 307995 0 0 Patricia Colavita SVP and Chief Internal Auditor 50.00 X 305434 0 0 Ken Adams Vice President, Total Rewards 50.00 X 289817 0 0 Douglas Parrott Assistant Vice President, Chief Underwriter-North America 50.00 X 258307 0 0 Pratibha Canaran VP, Global Tax & Financial Initiatives 50.00 X 252235 0 0 Clark Wagner Investment Professional 50.00 X 245235 0 0 David Sullivan AVP, Claims, Compensation and Contracting 50.00 X 236042 0 0 Meghan Seybold Vice President, Talent Management & Business Partners 50.00 X 231749 0 0 Daniel J Fortin Director 5 X 220500 0 0 JS Ledoux Assistant Vice President, Product Management 50.00 X 216700 0 0 Christine Tessier Chief Investment Officer 50.00 X 216671 0 0 Julia Fantilli VP, US Customer service and New Business 50.00 X 209147 0 0 Gerry Salvatore Assistant Vice President, Sales Operations & Business Development 50.00 X 194956 0 0 Lou Gatto AVP, Procurement & Vendor Management 50.00 X 189307 0 0 Nagesh Chawla Assistant Vice President, Enterprise Architecture and Information Security 50.00 X 183013 0 0 Mikhail Groysman AVP, Financial Reporting and Research 50.00 X 182847 0 0 Wendy Mao Assistant Vice President, US Reporting 50.00 X 182355 0 0 Richard P Hennick Director 5 X 180300 0 0 Ian Collins AVP, North American Market Conduct Compliance and Senior Legal Counsel 50.00 X 178877 0 0 Terence Chan Vice President, Finance 50.00 X 177836 0 0 Jeremy Wing AVP, Product Actuarial 50.00 X 177242 0 0 Baltej Gill Assistant Vice President, Member Experience 50.00 X 177172 0 0 Vivian Yip Assistant Vice President, Business Planning 50.00 X 176911 0 0 Kris Sarkissian AVP, IT Operations 50.00 X 174614 0 0 Wendy A Watson Director 5 X 151200 0 0 Robert Lamoureux Director 5 X 151123 0 0 Katherine A Bardswick Director 5 X 136692 0 0 Sonia Ameena Boxendale Director 5 X 135838 0 0 Robert W Wight Director 5 X 122700 0 0 Michael Lombardi Director 5 X 121456 0 0 Michael P Stramaglia Director 5 X 120358 0 0 Christopher Stranahan Director 5 X 107500 0 0 James M Bowden Director 5 X 66800 0 0 Martha E Marcon Director 5 X 65600 0 0 Frank N Carrington Lochan Director 5 X 63854 0 0 Linda Watters Director 5 X 62000 0 0 Gino Scapillati Director 5 X 60051 0 0 Shelly Herman Director 5 X 59600 0 0 Cindy Worley Director 5 X 59600 0 0 Janice Madon Director 5 X 58869 0 0 19187730 0 0 156 0 1 0 CGI Information Systems and Management Consultants Inc 150 Commerce Valley Drive West Markham Ontario CA L3T 7Z3 Project Support 26514322 Superior Performers Inc 1214 Turrentine St Burling NC 272156836 Sales 12592466 Symmetry Financial Group 204 Whitson Ave Swannanoa NC 28778 Sales 11591636 789 DON MILLS DEVELOPMENTS INC 789 Don Mills Road Toronto Ontario CA M3C 1T9 Project Support 4621237 PHP Agency Inc 16650 Westgrove Drive Addison TX 75001 Sales 4123280 254 X 0 Premium & Annuity Consideration 524298 739836317 0 0 739836317 0 0 0 0 739836317 -809198494 0 0 -809198494 0 0 0 0 0 0 0 0 0 0 0 0 Other income 524298 -28645969 0 0 -28645969 Other comprehensive income 524298 -78801199 0 0 -78801199 Change in insurance contract liabilities 524298 1020227465 0 0 1020227465 0 0 0 0 912780297 843418120 0 0 843418120 2227488 2227488 3455741 3455741 2603815 2603815 495380005 495380005 19187730 19187730 0 56659246 56659246 795028 795028 8527510 8527510 4466391 4466391 918953 918953 4229189 4229189 1079746 1079746 6001164 6001164 31447082 31447082 81114 81114 1226954 1226954 2468931 2468931 6178240 6178240 2474337 2474337 Medical fees 7193597 7193597 0 0 Commission on premiums 90902943 90902943 0 0 General expenses 9435600 9435600 0 0 8400 8400 756949204 756949204 0 0 30367967 26529438 33246815 110597610 0 0 31926090 32121145 0 0 0 199931946 343691899 0 0 7607027 2855246 10830751 8382027 64975864 2448724 4581341299 3476100044 274419562 193770105 0 0 16435863 25630810 889085227 913064778 6129337660 5126809799 17805650 18510403 4552013928 3571273426 4569819578 3589783829 X 0 0 0 0 1559518082 1537025970 1559518082 1537025970 6129337660 5126809799 X 86468916 0 0 0 0 -108961028 X 0 1 X 1 0 0 0 0 0 0 0 0 0 0 0 0 10830751 0 8382027 2448724 0 0 0 0 2448724 Mortgage loans receivable 124125719 Derivative financial instruments 1323595 Seg fund, Sep account, Unit-linked assets 44340416 Reinsurance assets 342501107 Other assets 98831341 Leased assets 7828685 Investment in subsidiaries 294113915 913064778 0 Insurance contracts 3075637450 Liability for deposit-type contracts 21524273 Benefits payable and IBNR 126323595 Other liabilities 82154346 Employee benefit obligation 36851852 Seg fund, Sep account, Unit-linked liabilities 44340416 Current and deferred income tax 1392947 Subordinated debt 183048547 3571273426 1 North America (including Canada and Mexico, but not the United States) Scholarships 188273 North America (including Canada and Mexico, but not the United States) Grants to CA Branch Network 365768 North America (including Canada and Mexico, but not the United States) Charitable Support 232668 Europe (including Iceland and Greenland) Scholarships 98385 Europe (including Iceland and Greenland) Grants to UK Branch Network 791391 Europe (including Iceland and Greenland) Charitable Support 37061 North America (including Canada and Mexico, but not the United States) Law Assure 57700 North America (including Canada and Mexico, but not the United States) Lifelong Learning 44400 North America (including Canada and Mexico, but not the United States) ForestersGO 400330 Europe (including Iceland and Greenland) Member Deals 55326 North America (including Canada and Mexico, but not the United States) Critical Illness Benefits 137247 North America (including Canada and Mexico, but not the United States) Orphan benefit 16599 North America (including Canada and Mexico, but not the United States) Senior Member Benefit 53024 North America (including Canada and Mexico, but not the United States) Member Engagement 35609 Europe (including Iceland and Greenland) Member Engagement 90035 0 0 2603816 North America (including Canada and Mexico, but not the United States) Grants to CA Branch 365768 North America (including Canada and Mexico, but not the United States) Charitable Support 232668 Europe (including Iceland and Greenland) Grants to UK Branch 791391 Europe (including Iceland and Greenland) Charitable Support 37061 North America (including Canada and Mexico, but not the United States) Member Engagement 35609 Europe (including Iceland and Greenland) Member Engagement 90035 1378 0 Scholarships North America (including Canada and Mexico, but not the United States) 99 188273 Scholarships Europe (including Iceland and Greenland) 75 98385 Law Assure North America (including Canada and Mexico, but not the United States) 868 57700 Lifelong Learning North America (including Canada and Mexico, but not the United States) 364 44400 ForestersGO North America (including Canada and Mexico, but not the United States) 1331 400330 Member Deals Europe (including Iceland and Greenland) 1484 55326 Critical/Terminal Illness Benefits North America (including Canada and Mexico, but not the United States) 46 137247 Orphan benefit North America (including Canada and Mexico, but not the United States) 2 16599 Senior Member Benefit North America (including Canada and Mexico, but not the United States) 0 53024 0 0 1 0 1 0 Schedule F, Part I, Line 2 Foresters develops legally binding contractual agreements with our partners to clearly define the intended use of all monies and outlines the deliverables required. This is done to ensure that all funds are put to their intended purposes as agreed upon. Foresters employs a team of individuals, including relationship managers, program managers and field staff to ensure the attainment of such deliverables, which include: early partnership impact reports, copies of all awareness/marketing materials, detailed advertising campaigning schedules, member volunteer activity guides and on-site assessments of partnership activities. Schedule F, Part II, Line 2 We have instead included total number of grants provided outside the US on Line 2 of Part II of Sch F. 1 US Branch Network - Fraternal Granting Program 1828108 Benchmark Destinations 2 Bethany Drive American Canyon CA 94503 201277181 28960 Clean Trails 835- 1312 17th St Denver CO 80202 463516124 13704 Red Cross First Aid Concepts 2700 Southwest Freeway Houston TX 77098 753125794 48481 Food Forest 10360 Sandy Marsh Lane Orlando FL 32832 871827008 35000 Kimberly Fence and Supply 2200 Hunt Street Suite 411 Detroit MI 48207 521970904 6876 World Food Program USA PO Box 37239 Boone IA 500370239 133843435 11000 Whole Kids Foundation 550 Bowie St Austin TX 78701 451761682 49250 Member Engagement 197108 7 2 Scholarships 204 584000 Law Assure 1957 130131 Lifelong Learning 820 100135 ForestersGO 3002 902870 Critical/Terminal Illness Benefits 119 506926 Orphan benefit 20 156600 Senior Member Benefit 0 1075079 Schedule I, Part I, Line 2 Foresters develops legally binding contractual agreements with our partners to clearly define the intended use of all monies and outlines the deliverable required. This is done to ensure that all funds are put to their intended purposes as agreed upon. Foresters employs a team of individuals, including relationship managers, program managers and field staff to ensure the attainment of such deliverables, which include: early partnership impact reports, copies of all awareness/marketing materials, detailed advertising campaigning schedules, member volunteer activity guides and on-site assessments of partnership activities. X X X X X 1 1 0 James R Boyle CEO Advisor 295385 0 0 0 2096443 0 0 0 0 0 2391828 0 0 0 Louis Gagnon President and Chief Executive Officer 666257 0 928016 0 2 0 0 0 0 0 1594275 0 0 0 Mathew Berman President, Foresters US 359616 0 542763 0 26830 0 0 0 0 0 929209 0 0 0 David Longfritz Chief Global Marketing Officer 185769 0 728002 0 313357 0 0 0 0 0 1227128 0 0 0 Mehul Kapadia Global Chief Information Officer 346154 0 308162 0 13794 0 0 0 0 0 668110 0 0 0 Alvin Sharma Global Chief Financial Officer 298223 0 427371 0 2 0 0 0 0 0 725596 0 0 0 Clark Wagner Investment Professional 167564 0 77671 0 0 0 0 0 0 0 245235 0 0 0 Mark Rush Chief Distribution Officer, US Sales 204654 0 255267 0 16905 0 0 0 0 0 476826 0 0 0 Rene Zanin Global Chief Legal Officer & Chief Compliance Officer and Corporate Secretary 292903 0 266987 0 2 0 0 0 0 0 559892 0 0 0 Marcia Mendes-d'Abreu Chief Human Resources Officer 287288 0 242798 0 2 0 0 0 0 0 530088 0 0 0 Guarav Upadhya Global Chief Actuary & Chief Risk Officer 288470 0 239876 0 2 0 0 0 0 0 528348 0 0 0 Jon Stephen McDonald Vice President, Special Projects 240456 0 162660 0 2 0 0 0 0 0 403118 0 0 0 Bruce Burak AVP, US Sales 150000 0 195957 0 2952 0 0 0 0 0 348909 0 0 0 Charles Morrison AVP, US Sales 135000 0 179697 0 3044 0 0 0 0 0 317741 0 0 0 Kelly Steinmetz AVP, US Sales 135000 0 173959 0 2848 0 0 0 0 0 311807 0 0 0 Nicole Gourley Former Global Chief Membership and Marketing Officer 214741 0 163330 0 65362 0 0 0 0 0 443433 0 0 0 Trudy Engel Vice President & Chief Valuation Actuary 233554 0 136963 0 1993 0 0 0 0 0 372510 0 0 0 Parker Brown General Counsel, Legal Services 209985 0 126635 0 1993 0 0 0 0 0 338613 0 0 0 Pratibha Canaran VP, Global Tax & Financial Initiatives 118952 0 125295 0 7988 0 0 0 0 0 252235 0 0 0 Patricia Colavita SVP and Chief Internal Auditor 192117 0 113315 0 2 0 0 0 0 0 305434 0 0 0 Caroline Rendall Vice President, Risk 199092 0 108901 0 2 0 0 0 0 0 307995 0 0 0 Douglas Parrott Assistant Vice President, Chief Underwriter-North America 217379 0 39194 0 1734 0 0 0 0 0 258307 0 0 0 Daniel J Fortin Director 220500 0 0 0 0 0 0 0 0 0 220500 0 0 0 Christine Tessier Chief Investment Officer 184431 0 30247 0 1993 0 0 0 0 0 216671 0 0 0 Richard P Hennick Director 180300 0 0 0 0 0 0 0 0 0 180300 0 0 0 Robert Lamoureux Director 151123 0 0 0 0 0 0 0 0 0 151123 0 0 0 Wendy A Watson Director 151200 0 0 0 0 0 0 0 0 0 151200 0 0 0 Katherine A Bardswick Director 136692 0 0 0 0 0 0 0 0 0 136692 0 0 0 Sonia Ameena Boxendale Director 135838 0 0 0 0 0 0 0 0 0 135838 0 0 0 Robert W Wight Director 122700 0 0 0 0 0 0 0 0 0 122700 0 0 0 Michael Lombardi Director 121456 0 0 0 0 0 0 0 0 0 121456 0 0 0 Michael P Stramaglia Director 120358 0 0 0 0 0 0 0 0 0 120358 0 0 0 Christopher Stranahan Director 107500 0 0 0 0 0 0 0 0 0 107500 0 0 0 James M Bowden Director 66800 0 0 0 0 0 0 0 0 0 66800 0 0 0 Frank N Carrington Lochan Director 63854 0 0 0 0 0 0 0 0 0 63854 0 0 0 Martha E Marcon Director 65600 0 0 0 0 0 0 0 0 0 65600 0 0 0 Gino Scapillati Director 60051 0 0 0 0 0 0 0 0 0 60051 0 0 0 Linda Watters Director 62000 0 0 0 0 0 0 0 0 0 62000 0 0 0 Janice Madon Director 58869 0 0 0 0 0 0 0 0 0 58869 0 0 0 Shelly Herman Director 59600 0 0 0 0 0 0 0 0 0 59600 0 0 0 Cindy Worley Director 59600 0 0 0 0 0 0 0 0 0 59600 0 0 0 Sujeether Kumareswaran Vice President, Actuarial Transformation and IFRS17 197909 0 113882 0 2 0 0 0 0 0 311793 0 0 0 Terence Chan Vice President, Finance 152511 0 25322 0 2 0 0 0 0 0 177835 0 0 0 Mikhail Groysman AVP, Financial Reporting and Research 137128 0 44019 0 1701 0 0 0 0 0 182848 0 0 0 Lou Gatto AVP, Procurement & Vendor Management 160566 0 27572 0 1169 0 0 0 0 0 189307 0 0 0 Wendy Mao Assistant Vice President, US Reporting 153605 0 27860 0 890 0 0 0 0 0 182355 0 0 0 Ken Adams Vice President, Total Rewards 189751 0 100063 0 2 0 0 0 0 0 289816 0 0 0 Julia Fantilli VP, US Customer service and New Business 167289 0 39865 0 1993 0 0 0 0 0 209147 0 0 0 Meghan Seybold Vice President, Talent Management & Business Partners 167171 0 62585 0 1993 0 0 0 0 0 231749 0 0 0 JS Ledoux Assistant Vice President, Product Management 179686 0 37011 0 2 0 0 0 0 0 216699 0 0 0 Gerry Salvatore Assistant Vice President, Sales Operations & Business Development 166364 0 28589 0 2 0 0 0 0 0 194955 0 0 0 David Sullivan AVP, Claims, Compensation and Contracting 199283 0 35931 0 828 0 0 0 0 0 236042 0 0 0 Nagesh Chawla Assistant Vice President, Enterprise Architecture and Information Security 147679 0 35332 0 2 0 0 0 0 0 183013 0 0 0 Kris Sarkissian AVP, IT Operations 150439 0 24172 0 2 0 0 0 0 0 174613 0 0 0 Vivian Yip Assistant Vice President, Business Planning 149946 0 26963 0 2 0 0 0 0 0 176911 0 0 0 Jeremy Wing AVP, Product Actuarial 145970 0 31270 0 2 0 0 0 0 0 177242 0 0 0 Baltej Gill Assistant Vice President, Member Experience 114383 0 28028 0 34761 0 0 0 0 0 177172 0 0 0 Ian Collins AVP, North American Market Conduct Compliance and Senior Legal Counsel 149406 0 29392 0 79 0 0 0 0 0 178877 0 0 0 Schedule J, Part I, Line 3 Schedule J, Part I, Line 3 - Foresters Board has a Human Capital and Governance Committee (HCGC), comprised entirely of independent directors. Its mandate requires the Committee to recommend to the Board the annual compensation for the CEO and to approve the annual compensation for the CEO and his direct reports. Every 2 years, a formal compensation study of executive compensation is completed, covering compensation philosophy comparator organizations, pay ranges, salaries, and incentive targets. This study is done by external compensation consultants who are approved by the HCGC Committee and who bring in comparable data for the insurance industry. The study is reviewed in detail by the HCGC. Foresters HCGC uses this biennial compensation study to review salaries and incentive targets for the CEO and his direct reports. The HCGC retains an independent Board-only compensation advisor, who is part of all HCGC discussions concerning executive compensation. Schedule J, Part I, Line 4 There were some individuals that received either severance or supplemental non-qualified plan payments in 2022. Form 990, Part VI, Section A, Line 6 1 Branch per 15,000 members (+/-15%). 10 elected members per Branch all are members of the Regional Assembly to which their Branch belongs. Elected members of the branch elect a President and Vice President which also represent their Branch at the International Assembly. Regional Assemblies elect 10 councilors and 1 president all 11 represent their Region at the International Assembly. Form 990, Part VI, Section A, Line 7a 1 Branch per 15,000 members (+/-15%). 10 elected members per Branch all are members of the Regional Assembly to which their Branch belongs. Elected members of the branch elect a President and Vice President which also represent their Branch at the International Assembly. Regional Assemblies elect 10 councilors and 1 president all 11 represent their Region at the International Assembly. Form 990, Part VI, Section B, Line 11b Form 990 is prepared by the Finance Department with input from relevant areas of the organization. This form is reviewed by the V.P. Global Tax Compliance and Planning and other officers of the organization. Form 990, Part VI, Section B, Line 12c Once a year, employees are required to review the Code of Ethics document in its entirety and to complete an acknowledgement and conflict of interest disclosure form. Form 990, Part VI, Section B, Line 15 Foresters Board has a Human Capital and Governance Committee ("HCGC"), comprised of independent directors. Its mandate requires the Committee to recommend to the Board the annual compensation for the CEO and to approve the annual compensation for the CEO and their direct reports. Every two years, a formal review of executive compensation is completed, including comparator organizations, and competitiveness of total compensation levels (i.e., base pay and incentives). This review is done by external compensation consults who are approved by the HCGC and who provide comparable data for the financial services/ insurance industry. The information is reviewed in detail by the HCGC. Foresters HCGC uses this biennial compensation information to review salary and incentive levels for the CEO and their direct reports; this data is used to inform recommendations for any changes to compensation. Form 990, Part VI, Section C, Line 19 The documents are on our website at www.foresters.com. Code of Ethics, Constitution, audited financial statements and Annual Report. Form 990, Part VIII, Line 11a 11b 11c We have included change in insurance contract liabilities as revenue in Line 11c of Part VIII so that gross receipts can be greater than or equal to zero. Form 990, Part XI, Line 9 Other changes in net assets includes currency translation gains and losses. Foresters Equity Services Inc 6640 Lusk Blvd Suite A202 San Diego CA 92121 330178144 Broker Dealer CA THE INDEPENDENT ORDER OF FORESTERS C 1 1 Foresters Holdings (Europe) Ltd 2 Cromwell Avenue Bromley UK BR2 9BF Holding Company UK THE INDEPENDENT ORDER OF FORESTERS C 1 1 Foresters Indemnity Company 789 Don Mills Road Toronto Ontario CA M3C 1T9 521132140 Selling insurance CA THE INDEPENDENT ORDER OF FORESTERS C 1 1 Foresters Life Insurance Company 789 Don Mills Road Toronto Ontario CA M3C 1T9 Selling insurance CA THE INDEPENDENT ORDER OF FORESTERS C 1 1 Foresters Investment Management Company Inc 789 Don Mills Road Toronto Ontario CA M3C 1T9 Asset Management DE THE INDEPENDENT ORDER OF FORESTERS C 1 1 Foresters Securities (Canada) Inc 789 Don Mills Road 16th Floor Toronto Ontario CA M3C 1T9 Broker Dealer CA THE INDEPENDENT ORDER OF FORESTERS C 1 1 Sylvan Agency (Canada) Inc Dormant 789 Don Mills Rd 16th Floor Toronto Ontario CA M3C 1T9 Broker Dealer CA THE INDEPENDENT ORDER OF FORESTERS C 1 1 Canada Protection Plan Inc 250 Ferrand Drive Suite 1100 Toronto Ontario CA M3C 3G8 Insurance Company CA THE INDEPENDENT ORDER OF FORESTERS C 1 1 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 Foresters Life Insurance Company b 36889000 Actual Contribution Amount Foresters Holdings (Europe) Ltd f 12096000 Actual Dividend Amount Foresters Life Insurance Company q 15131531 Contractual Amount for Services Foresters Holdings (Europe) Ltd q 2402343 Contractual Amount for Services