2025-11-12T08:19:29-06:00 2024-12-31 362153731 CHAPMAN AND CUTLER LLP 320 S CANAL STREET FLOOR 27 CHICAGO IL 60606 990 2024-01-01 980132529 FEDERATION INTERNATIONALE DE FOOTBALL ASSOCIATION FEDE 3128453443 FIFA-STRASSE 20 ZURICH ZURICH SZ 8044 THOMAS PEYER CHIEF FINANCIAL OFFICER 3128453443 2025-11-12 0 1 REBECCA WALLENFELSZ P00050386 3128453443 2024 2025-03-06 01:10:19Z FIFA MATTIAS GRAFSTROM FIFA-STRASSE 20 ZURICH ZURICH SZ 8044 872061669 0 X WWW.FIFA.COM X 1904 SZ THE OBJECTIVES OF FIFA ARE TO IMPROVE THE GAME OF FOOTBALL CONSTANTLY AND PROMOTE IT GLOBALLY IN THE LIGHT OF ITS UNIFYING, EDUCATIONAL, CULTURAL AND HUMANITARIAN VALUES, PARTICULARLY THROUGH YOUTH AND DEVELOPMENT PROGRAMS. 36 36 1347 0 0 0 0 0 904312946 390727295 269313552 389396909 265336318 91937465 1438962816 872061669 0 0 0 0 226168802 220407753 0 0 0 1603331604 1263579931 1829500406 1483987684 -390537590 -611926015 5490354194 6145756514 1925662969 3197815081 3564691225 2947941433 X THE OBJECTIVES OF FIFA ARE TO IMPROVE THE GAME OF FOOTBALL CONSTANTLY AND PROMOTE IT GLOBALLY IN THE LIGHT OF ITS UNIFYING, EDUCATIONAL, CULTURAL AND HUMANITARIAN VALUES, PARTICULARLY THROUGH YOUTH AND DEVELOPMENT PROGRAMS. 0 0 285817107 390727295 COMPETITION & EVENTS:COMPETITION & EVENTS EXPENSES ARE THE OUTFLOW OF ECONOMIC BENEFITS THAT ARISE IN THE ORDINARY ACTIVITY OF ORGANIZING AN EVENT. INCURRED COSTS RELATED TO FUTURE FIFA EVENTS AND OTHER FIFA EVENTS ARE DEFERRED AND RECOGNIZED IN PROFIT OR LOSS IN THE PERIOD IN WHICH THE EVENT TAKES PLACE. IN 2024, THE FOLLOWING MAIN FIFA EVENTS TOOK PLACE:U-20 WOMEN'S WORLD CUP COLOMBIA 2024FIFA INTERNATIONAL CUP 2024 IN DOHAFIFA FUTSAL WORLD CUP UZBEKISTAN 2024FIFA U-17 WOMEN'S WORLD CUP DOMINICAN REPUBLIC 2024FIFAE TOURNAMENTS 2024OLYMPIC FOOTBALL TOURNAMENTS PARIS 2024FIFA BEACH SOCCER WORLD CUP UAE 2024 DUBAIFIFA SERIES 2024THE BEST FIFA FOOTBALL AWARDS 2024 AND 2023BLUE STAR FIFA YOUTH CUP 2024 702459153 DEVELOPMENT & EDUCATION:DEVELOPMENT & EDUCATION COMPRISES THE FUNDING OF THE FIFA FORWARD PROGRAM, WHICH SUPPORTS EACH OF FIFA'S MEMBER ASSOCIATIONS, THE SIX CONFEDERATIONS AND THE 13 ZONAL/REGIONAL ASSOCIATIONS. INCLUDED ARE ALSO COSTS RELATED TO OTHER DEVELOPMENT EDUCATION PROGRAMS - TECHNICAL DEVELOPMENT PROGRAMS, REFEREEING ASSISTANCE PROGRAM, WOMEN'S FOOTBALL PROMOTION, EDUCATION, MEDICINE AND SCIENCE, FIFA FOUNDATION, AUDIT AND FINANCIAL EDUCATION, SUSTAINABLE HUMAN RIGHTS AND ANTI-DISCRIMINATION, FIFA FOOTBALL MUSEUM, AND OTHER MISCELLANEOUS. 91937465 91937465 988276260 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 X 0 0 1 1347 1 0 1 SZ BR NO RS QA IN 0 0 0 0 0 0 0 0 X 36 36 0 0 0 0 1 1 1 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 X GONZALO URBANO FIFA 3128453443 FIFA-STRASSE 20 ZURICH ZURICH SZ 8044 X ALEJANDRO DOMINQUEZ VICE PRESIDENT 0.00 X 0 0 393000 ALEKSANDER CEFERIN VICE PRESIDENT 0.00 X 0 0 393000 SANDOR CSANYI VICE PRESIDENT 0.00 X 0 0 325000 HANY ABO RIDA MEMBER FIFA COUNCIL 0.00 X 0 0 325000 KHOZO TASHIMA MEMBER FIFA COUNCIL 0.00 X 0 0 325000 LUIS HERNANDEZ MEMBER FIFA COUNCIL 0.00 X 0 0 325000 MARIA SOL MUNOZ ALTAMIRANO MEMBER FIFA COUNCIL 0.00 X 0 0 325000 EVELINA CHRISTILLIN MEMBER FIFA COUNCIL 0.00 X 0 0 325000 RAMON JESURUN MEMBER FIFA COUNCIL 0.00 X 0 0 325000 DEJAN SAVICEVIC MEMBER FIFA COUNCIL 0.00 X 0 0 325000 MARIANO ARANETA MEMBER FIFA COUNCIL 0.00 X 0 0 325000 GEORGIOS KOUMAS MEMBER FIFA COUNCIL 0.00 X 0 0 325000 JOHANNA WOOD MEMBER FIFA COUNCIL 0.00 X 0 0 325000 RAJESH PATEL MEMBER FIFA COUNCIL 0.00 X 0 0 325000 IGNACIO ALONSO MEMBER FIFA COUNCIL 0.00 X 0 0 325000 FOUZI LEKJAA MEMBER FIFA COUNCIL 0.00 X 0 0 325000 MAMOUTOU TOURE MEMBER FIFA COUNCIL 0.00 X 0 0 325000 MATHURIN DE CHACUS MEMBER FIFA COUNCIL 0.00 X 0 0 325000 AMAJU PINNICK MEMBER FIFA COUNCIL 0.00 X 0 0 325000 ISHA JOHANSEN MEMBER FIFA COUNCIL 0.00 X 0 0 325000 RAZVAN BURLEANU MEMBER FIFA COUNCIL 0.00 X 0 0 325000 YON DE LUISA MEMBER FIFA COUNCIL 0.00 X 0 0 325000 MUKUL MUDGAL CHAIRPERSON GOVERNANCE AND 0.00 X 0 0 250000 MARTIN NGOGA CHAIRPERSON ETHICS-INVESTI 0.00 X 0 0 250000 VASSILIOS SKOURIS CHAIRPERSON ADJUDICATORY C 0.00 X 0 0 215000 JORGE PALACIO CHAIRPERSON DISCIPLINARY C 0.00 X 0 0 160000 NEIL EGGLESTON CHAIRPERSON APPEAL COMMITT 0.00 X 0 0 160000 THOMAS BODSTROM DEPUTY CHAIRPERSON APPEAL 0.00 X 0 0 26000 PIERLUIGI COLLINA CHAIRPERSON REFEREE COMMIT 0.00 X 0 0 215000 JAVIER VIJANDE PENAS CHAIRPERSON PLAYER'S STATU 0.00 X 0 0 140000 FRANS DE WEGER CHAIRPERSON DISPUTE RESOLU 0.00 X 0 0 160000 CHRISTOPHER MIHM DEPUTY CHAIRPERSON GOVERNA 0.00 X 0 0 75000 BRUNO DE VITA DEPUTY CHAIRPERSON ETHICS 0.00 X 0 0 75000 PARUSURAMAN SUBRAMANIAM DEPUTY CHAIRPERSON ETHICS 0.00 X 0 0 75000 MARIA CLAUDIA ROJAS DEPUTY CHAIRPERSON ADJUDIC 0.00 X 0 0 53000 LYDIA NSEKERA DEPUTY CHAIRPERSON DEVELOP 0.00 X 0 0 26000 SANDRA FRUEAN DEPUTY CHAIRPERSON FINANCE 0.00 X 0 0 26000 HANY TALEB AL-RAEESI DEPUTY CHAIRPERSON REFEREE 0.00 X 0 0 7500 SARAH OCHWADA DEPUTY CHAIRPERSON PLAYERS 0.00 X 0 0 15000 LIVIA DENISE SILVA KAGI DEPUTY CHAIRPERSON DISPUTE 0.00 X 0 0 75000 HELMO GALLAUN-SCHIRGI CHIEF OPPERATING OFFICER W 0.00 X 0 0 0 SHK HAMAD KHALIFA AL THANI COUNCIL COMMITTEE MEMBER 0.00 X 0 0 325000 YASSER ALMISEHAL COUNCIL COMMITTEE MEMBER 0.00 X 0 0 325000 KANYA KEOMANY COUNCIL COMMITTEE MEMBER 0.00 X 0 0 325000 RODOLFO VILLALOBOS COUNCIL COMMITTEE MEMBER 0.00 X 0 0 325000 EDNALDO RODRIGUES COUNCIL COMMITTEE MEMBER 0.00 X 0 0 325000 FERNANDO GOMES COUNCIL COMMITTEE MEMBER 0.00 X 0 0 325000 BERND NEUENDORT COUNCIL COMMITTEE MEMBER 0.00 X 0 0 325000 LAMBERT MALTOCK VICE PRESIDENT 0.00 X 0 0 393000 PATRICE MOTSEPE VICE PRESIDENT 0.00 X 0 0 393000 SONIA FULFORD MEMBER FIFA COUNCIL 0.00 X 0 0 325000 DEBBIE HEWITT MEMBER 0.00 X 0 0 325000 MARTIN AULETTA DEPUTY CHAIRPERSON DISPUTE 0.00 X 0 0 75000 BRIANNA QUINN CHAIRPERSON AGENTS CHAMBER 0.00 X 0 0 53000 PIERFILLIPPO CAPELLO DEPUTY CHAIRPERSON AGENTS 0.00 X 0 0 15000 CLIFFORD J HENDEI DEPUTY CHAIRPERSON DISPUTE RESOLUTION CHAMBER 0.00 X 0 0 75000 SUNIA FITI DEPUTY CHAIRPERSON ETHICS-ADJUDICATORY CHAMBER 0.00 X 0 0 53000 YEBOAH ANIN DEPUTY CHAIRPERSON DISCIPLINARY COMMITTEE 0.00 X 0 0 26000 VITTORIO MONTAGLIANI VICE PRESIDENT FIFA COUNCIL 0.00 X 0 0 393000 DATUK HAJI HAMIDIN BIN JAJI MOHD AM COUNCIL COMMITTEE MEMBER 0.00 X 0 0 325000 ALASDAIR ROBERT MCKEE BELL DEPUTY SECRETARY GENERAL A 40.00 X 0 0 0 SARAI BAREMAN CHIEF WOMEN'S FOOTBALL OFF 40.00 X 0 0 0 EMILIO GARCIA SILVERO CHIEF LEGAL & COMPLIANCE O 40.00 X 0 0 0 KIMBERLY MORRIS CHIEF PEOPLE, TECHOLOGY & 40.00 X 0 0 0 THOMAS PEYER CHIEF FINANCE OFFICER 40.00 X 0 0 0 ARSENE WENGER CHIEF GLOBAL FOOTBALL DEVE 40.00 X 0 0 0 KENNY JEAN-MARIE CHIEF MEMBER ASSOCIATION O 40.00 X 0 0 0 ROMOLO MARIA GAI CHIEF COMMERICAL OFFICER 40.00 X 0 0 0 JILL ELLIS CHIEF FOOTBALL OFFICER 40.00 X 0 0 0 KEVIN LAMOUR CHIEF OPERATING OFFICER 40.00 X 0 0 0 MAMMADOV ELKAN CHIEF MEMBER ASSOCIATION OFFICER 40.00 X 0 0 0 GIOVANNI INFANTINO PRESIDENT 40.00 X 5977852 0 155344 MATTHIAS GRAFSTROM SECRETARY GENERAL 40.00 X 2107526 0 155344 8085378 0 14326188 2 0 1 0 0 X ROYALTIES - MARKETING RIGHTS 900099 303855753 303855753 ROYALTIES - LICENSING RIGHTS 900099 47730910 47730910 ROYALTIES - BROADCASTING RIGHTS 900099 39140632 39140632 390727295 389396909 389396909 ALL OTHER REVENUE 900099 91937465 91937465 91937465 872061669 482664760 0 389396909 X 31773809 31773809 188633944 97245697 91388247 5036179 5036179 36217991 31154284 5063707 DEVELOPMENT & EDUCATION 631214731 631214731 COMPETITIONS & EVENTS 228661548 228661548 ALL OTHER EXPENSES 211094984 211094984 FIFA GOVERNANCE & ADMIN 124384391 124384391 26970107 26970107 1483987684 988276260 495711424 0 X 255677262 493066423 136247000 3130000 220945626 577644191 36549434 28484523 192895659 400756872 654944583 395673144 272477085 259271439 4340891224 4263700219 12096554 102212966 22574350 17489881 5490354194 6145756514 1381516288 1361222672 462918557 1831806875 81228124 4785534 1925662969 3197815081 X 4104017 4104017 0 0 3560587208 2943837416 3564691225 2947941433 5490354194 6145756514 X -611926015 -4823777 X X 0 1 X 1 0 14275952 14275952 423548347 315996501 107551846 54576086 46528225 8047861 162544198 33148418 129395780 259271439 FOREIGN CURRENCY DERIVATIVES 4785534 4785534 872061669 0 872061669 0 872061669 1483987684 0 1483987684 0 1483987684 COLUMBIA 0 0 U-20WOMAN'S WORLD CUP 21451487 QATAR 0 0 INTERNCONTINENTAL CUP 20215132 UZBEKISTAN 0 0 FUTSAI WORLD CUP 20161993 DOMINICAN REPUBLIC 0 0 U-17 WOMEN'S WORLD CUP 19405393 VARIOUS 0 0 E-TOURNAMENTS 19378518 FRANCE 1 40 OLYMPIC TOURNAMENT 14724775 UNITED ARAB EMIRATES 1 2 BEACH SOCCER WORLD CUP 8613050 ENGLAND 0 0 THE BEST AWARD 2023 8982797 VARIOUS 0 0 EVENTS PREV. CYCLES 30469556 FIFA SUPPORTS ACTIVITIES IN OTHER JURISDICTIONS WITH SMALLER AMOUNTS 0 0 2 42 0 0 2 42 132933145 30469556 163402701 0 0 1 0 0 1 SCHEDULE F, PART I, LINE 2 EXAMPLES: FIFA FORWARD 3.0: WITH FIFA 3.0 EACH MEMBER ASSOCIATION IS GUARANTEED FINANCIAL SUPPORT OF UP TO USD 1.25 MILLION PER YEAR, OR A TOTAL OF USD 5 MILLION OVER A FOUR-YEAR CYCLE, TO COVER OPERATIONAL COSTS AND DEVELOPMENT FUNDING. EVERY MEMBER ASSOCIATION IS NOW ABLE TO PLAN AND IMPLEMENT A LONG-TERM FOOTBALL DEVELOPMENT POLICY WITH CERTAINTY AND CONFIDENCE THANKS TO FIFA'S SUBSTANTIAL FINANCIAL SUPPORT. IN 2024, EXPENDITURES RELATED TO FIFA FORWARD FOR THE MEMBER ASSOCIATIONS, ZONAL/REGIONAL ASSOCIATIONS, CONFEDERATIONS, TRAVEL AND EQUIPMENT AND OTHER FOOTBALL ASSOCIATIONS AS WELL AS FOR THE FIFA FOOTBALL DEVELOPMENT FUND TOTALED USD 463.5 MILLION. THIS AMOUNT ALSO INCLUDES THE REMAINING AVAILABLE FUNDS FROM THE FIFA FORWARD PROGRAM. THERE ARE OTHER PROGRAMS LIKE TECHNICAL DEVELOPMENT PROGRAMS; REFEREEING, WOMEN'S FOOTBALL PROMOTION, EDUCATION, MEDICINE AND SCIENCE, SOLIDARITY PROJECTS OR SUSTAINABILITY, HUMAN RIGHTS AND ANTI-DISCRIMINATION PROJECT WHICH ARE FINANCED BY FIFA AND BENEFIT A MULITITUDE OF ORGANIZATIONS. SUBSTANTIALLY ALL OF FIFA'S ACTIVITIES ARE LOCATED OUTSIDE THE UNITED STATES, SEE ALSO SCHEDULE O. INFORMATION ABOUT FIFA'S DEVELOPMENT ACTIVITIES MAY BE FOUND AT HTTPS://WWW.FIFA.COM/DEVELOPMENT/INDEX.HTML. A COUNTRY BY COUNTRY DISCUSSION OF COSTS OF THE FIFA FORWARD INITIATIVE IS PROVIDED IN THE ANNUAL REPORT STARTING ON PAGE 287. CONTINUED ON SCHEDULE O. SCHEDULE F, PART V GENERAL INFORMATION ABOUT FIFA - FIFA IS AN ASSOCIATION REGISTERED IN THE COMMERICAL REGISTER IN ACCORDANCE WITH ART. 60 FF. OF THE SWISS CIVIL CODE. FIFA HEADQUARTERS ARE LOCATED IN ZURICH SWITZERLAND AND MAY ONLY BE TRANSFERRED TO ANOTHER LOCATION FOLLOWING A RESOLUTION PASSED BY THE FIFA CONGRESS. THE OBJECTIVES OF FIFA ARE: - TO IMPROVE THE GAME OF FOOTBALL CONSTANTLY AND PROMOTE IT GLOBALLY IN THE LIGHT OF ITS UNIFYING, EDUCATIONAL, CULTURAL AND HUMANITARIAN VALUES, PARTICULARY THROUGH YOUTH AND DEVELOPMENT PROGRAMS; TO ORGANIZE ITS OWN INTERNATIONAL COMPETITIONS; TO DRAW UP REGULATIONS AND PROVISIONS AND ENSURE THEIR ENFORCEMENT; TO CONTROL EVERY TYPE OF ASSOCIATION FOOTBALL BY TAKING APPROPRIATE STEPS TO PREVENT INFRINGEMENTS OF THE STATUTES, REGULATIONS OR DECISIONS OF FIFA OR OF THE LAWS OF THE GAME; TO PROMOTE THE DEVELOPMENT OF WOMEN'S AND THE FULL PARTICIPATION OF WOMEN AT ALL LEVELS OF FOOTBALL GOVERNANCE; AND TO PROMOTE INTEGRITY, ETHICS AND FAIR PLAY WITH A VIEW TO PREVENTING ALL METHODS OR PRACTICES, SUCH AS CORRUPTION, DOPING OR MATCH MANIPULATION, WHICH MIGHT JEOPARDIZE THE INTEGRITY OF MATCHES, COMPETITIONS, PLAYERS, OFFICIALS AND MEMBER ASSOCIATIONS OR GIVE RISE TO ABUSE OF ASSOCIATION FOOTBALL. WITH ITS 211 AFFILIATED NATIONAL FOOTBALL ASSOCIATIONS, FIFA MAY ALSO BE CONSIDERED AS THE "UNITED NATIONS OF FOOTBALL". FIFA SUPPORTS THE ASSOCIATIONS FINANCIALLY AND LOGISTICALLY THROUGH VARIOUS PROGRAMS AND GRANTS THEM A NUMBER OF ATTRACTIVE RIGHTS AND PRIVILEGES. BUT THEY ALSO HAVE OBLIGATIONS. AS REPRESENTATIVES OF FIFA IN THEIR COUNTRIES, THEY MUST RESPECT THE STATUTES, AIMS AND IDEALS OF FOOTBALL'S GOVERNING BODY AND PROMOTE AND MANAGE OUR SPORT ACCORDINGLY. AS THE GOVERNING BODY OF ASSOCIATION FOOTBALL, FIFA'S ACTIVITY IS TO IMPROVE FOOTBALL GLOBALLY. FIFA ACTS ON A PROJECT BASIS RATHER THAN ON A GEOGRAPHICAL BASIS. THEREFORE, COSTS CANNOT BE ALLOCATED TO CERTAIN COUNTRIES. THE CONSOLIDATED INCOME STATEMENT FOR 2022 IS STRUCTURED IN SUCH A WAY THAT RECOGNIZES THE VARIOUS ELEMENTS IN THE SET-UP BEHIND FIFA'S ACTIVITIES. THE COSTS OF FIFA ACTIVITIES CAN BE ALLOCATED TO THE FOLLOWING THREE CATEGORIES: COMPETITION AND EVENTS: (A) ORGANIZATION OF FIFA WORLD CUP - COSTS RELATED TO THE FIFA WORLD CUP IN US, CANADA AND MEXICO WILL BE DEFERRED AND WILL BE RECOGNIZED IN THE PERIOD IN WHICH THE EVENT TAKES PLACE. (B) OTHER FIFA EVENTS FOR 2024 INCLUDE THE U-20 FIFA WOMEN'S WORLD CUP 2024, FIFA INTERCONTINENTAL CUP 2024, FIFA FUTSAL WORLD CUP UZBEKISTAN 2024, OLYMPIC FOOTBALL TOURNAMENTS PARIS 2024, FIFA BEACH SOCCER WORLD CUP UAE 2024 DUBAI, FIFA SERIES 2024, FIFA U-17 WOMEN'S WORLD CUP DOMINICAN REPUBLIC 2024, INTERCONTINENTAL PLAY-OFF MATCHES, FIFA'S E-FOOTBALL TOURNAMENTS AND THE BLUE STARS/FIFA YOUTH CUP. THE EXPENSES FOR OTHER FIFA EVENTS ARE RECOGNIZED IN THE YEAR IN WHICH THE EVENT TAKES PLACE AND INCLUDE THE EVENT ORGANIZING COSTS, SUCH AS PROMOTION, PRODUCTION, PRIZE MONEY, ACCOMMONDATION, AND OPERATIONS. DEVELOPMENT AND EDUCATION: (A) FIFA DEVELOPMET PROGRAM IS ONE OF THE PRIORITIES OF FIFA'S GLOBAL STRATEGY, AS THE MISSION OF "DEVELOPING FOOTBALL EVERYWHERE AND FOR ALL" JUSTIFIES FIFA'S EXISTENCE AS AN ORGANIZATION. THE FIFA FORWARD PROGRAM, APPROVED AT THE 66TH FIFA CONGRESS IN MAY 2016, HAS LAUNCHED A NEW ERA OF GLOBAL FOOTBALL DEVELOPMENT WITH FIFA SIGNIFICANTLY INCREASING ITS INVESTMENT TO BUILD A STRONGER FOUNDATION FOR THE GROWTH OF THE GAME. FIFA FORWARD, BASED ON THREE PRINCIPLES (MORE INVESTMENT, MORE IMPACT, AND MORE OVERSIGHT), PROVIDES THE RESOURCES AND STRUCTURE TO DELIVER A STATE-OF-THE-ART DEVELOPMENT PROGRAM, MEANING: (1) MORE INVESTMENT IN DEVELOPMENT FOR MEMBERS (2) MORE IMPACT VIA TAILOR-MADE PLANS TO MEET SPECIFIC NEEDS (3) MORE OVERSIGHT SO THAT ALL FUNDS ARE USED RESPONSIBLY. FORWARD PROVIDES FINANCIAL, TECHNICAL,AND HUMAN SUPPORT TO ALL OF FIFA'S MEMBER ASSOCIATIONS AND THE CONFEDERATIONS IN THEIR ENDEAVORS TO DEVELOP AND FOSTER FOOTBALL AT ALL LEVELS WITHIN THEIR TERRITORIES. THE PROGRAM PROVIDES EQUAL AND SUBSTANTIALLY INCREASED FUNDING TO EACH OF FIFA'S 211 MEMBER ASSOCIATIONS, ALL SIX CONFEDERATIONS AND THE ZONAL/REGIONAL ASSOCIATIONS EACH YEAR. UNDER FORWARD 3.0 EACH OF THE 211 MEMBER ASSOCIATONS CAN RECEIVE UP TO USD 3 MILLION FOR PROJECTS IN THE 2023-2026 CYCLE, AN INCREASE OF USD 1 MILLION OVER THE PREVIOUS EDITION OF THE PROGRAM. DURING THIS PERIOD, FIFA WILL SUPPORT ITS MEMBER ASSOCIATION WITH THE IMPLEMENTATION OF WELL-PLANNED, SPECIFIC FOOTBALL PROJECTS THAT CONTRIBUTE TO THE ACHIEVEMENT OF LONG-TERM FOOTBALL DEVELOPMENT GOALS. SUCH AS PROJECTS INCLUDE FOOTBALL INFRASTRUCTURE, CAPACITY-BUILDING, COMPETITIONS, NATIONAL TEAMS AND SUBSIDIES, AS WELL AS PROJECTS INVOLVING CONTRIBUTIONS FOR TRAINING AND MAINTENANCE EQUIPMENT AND OTHERS. UNDER FORWARD 3.0 EACH MEMBER ASSOCIATION IS ENTITLED TO RECEIVE UP TO USD 1.25 MILLION PER YEAR TO COVER ITS OPPERATING COSTS FOR ROUTINE ACTIVITIES IN RELATION TO FOOTBALL ACTIVITIES. THESE FUNDS ARE MAINLY USED IN THE ADMINISTRATION AND GOVERNANCE CATEGORY AND INCLUDE SUPPORT FOR ALL MEMBERS ASSOCIATIONS WITH THEIR DAILY RUNNING COSTS SUCH AS SALARIES, RENT, MAINTENANCE AND OPERATING COSTS. THE SIX CONFEDERATONS RECOGNIZED BY FIFA ARE EACH ENTITLED TO USD 15 MILLION PER YEAR DURING THE 2023-2026 CYCLE, BRINGING THE TOTAL ANNUAL INVESTMENT TO USD 90 MILLION, AN INCREASE OF USD 18 MILLION PER YEAR OVER THE PREVIOUS ITERATION OF THE PROGRAM. THESE FUNDS SUPPORT THE CONFIDERATIONS IN THEIR EFFORTS TO DEVELOP, PROMOTE AND ORGANIZE FOOTBALL WITHIN THEIR REGIONS. (B) FIFA'S TECHNICAL DEVELOPMENT PROGRAMS TARGET INCREASED TECHNICAL QUALITY AT ALL MEMBER ASSOCIATIONS. HOME-GROWN COACH EDUCATORS AND TECHNICAL LEADERS ARE TRAINED TO IMPROVE THE QUALITY OF DEVELOPMENT WORK IN EACH COUNTRY. THE FIFA TRAINING CENTRE PLATFORM PROVIDES ADDITIONAL LEARNING OPPORTUNITIES TO COMBINE ONLINE AND ON-SITE EDUCATION. AN AMATEUR FOOTBALL ENVIRONMENT ANALYSIS HAS ALSO BEEN CONDUCTED TO UNDERSTAND THE STATE OF PLAY ALL AROUND THE WORLD, AND THIS WILL BE THE FOUNDATION FOR SUPPORT BEYOND 2025. FURTHERMORE,THE FOOTBALL PERFORMANCE INSIGHTS TEAM CONTINUES TO ANALYSE TOP EVENTS TO FOLLOW THE LATEST TREANDS IN THE GAME. (C) OTHER PROJECTS - OTHER PROJECTS INCLUDE EXPENDITURES FOR ONGOING OPERATIONAL AND SUPPORT ACTIVITIES OF THE MEMBER ASSOCIATION DIVISION, WHICH CONTINUES TO WORK WITH FIFA'S MEMBER ASSOCIATIONS ON ETHICS, RISK MANAGEMENT, COMPLIANCE AND GOVERNANCE PRACTICES. FIFA REGIONAL DEVELOPMENT OFFICES HAVE EXTENDED THE ORGANIZATION'S REACH GLOBALLY AND STRENGTHENED THE SUPPORT PROVIDED TO MEMBER ASSOCIATIONS. DEDICATED TOOLS AND PLATFORMS, SUCH AS THE FIFA CONNECT PROGRAM, GIVE MEMERS THE TRANSPARENCY AND CONTROL THEY NEED WHEN IT COMES TO FOOTBALL INFORMATION. IN ADDITION, FIFA'S RECOVERY PROGRAMME PROVIDED SOLIDARITY AND EMERGENCY FUNDING TO SUPPORT COMMUNITIES AFFECTED BY NATURAL DISASTERS OR UNFORESEEN EVENTS. FIFA NORMALISATION COMMITTEES HAVE ALSO BEEN SET UP TO SUPPORT THE MANAGEMENT OF CERTAIN AFFECTED MEMBER ASSOCIATIONS DURING THE PERIOD OF INSTABILITY. (D) IN 2024, THE FIFA REFEREEING SUBDIVISION ENSURED THE TOP PERFORMANCE AND EFFICIENCY OF REFEREES AT ALL COMPETITIONS, SUCCESSFULLY ACHEIVING ITS MAIN GOAL. IN ADDITION, THE REFEREEING SUBDIVISION CONTINUED TO IMPLEMENT THE DECISIONS TAKEN BY THE FIFA LEADERSHIP, THE REFEREES COMMITTEE AND THE INTERNATIONAL FOOTBALL ASSOCIATION BOARD (THE IFAB), INCLUDING BUT NOT LIMITED TO THE INTRODUCTION OF FOOTBALL VIDEO SUPPORT (VS), A COST-EFFECTIVE WAY OF SUPPORTING MATCH OFFICIALS WITH TECHNOLOGY. THE SUBDIVISION ALSO ORGANIZIED NUMEROUS TECHNICAL AND VAR TRAINING SESSIONS GLOBALLY AND CONTINUED PLANNING THE FUTURE FIFA REFEREE ACADEMY ACTIVITIES. IT ALSO MANAGED THE ENTIRE PROCESS OF THE FIFA REFEREEING INTERNATIONAL LISTS. FIFA REFEREEING DEVELOPMENT PROGRAMS, THE DELIVERY OF FIFA TEACHING AND TRAINING MATERIALS, AS WELL AS REFEREE APPOINTMENTS FOR THE FIFA WORLD CUP 26 QUALIFIERS, AS WELL AS FOR NEW COMPETITIONS SUCH AS THE FIFA INTERCONTINENTAL CUP 2024. SCHEDULE F, PART V CONTINUED (E) WOMEN'S FOOTBALL PROMOTION -WOMEN'S FOOTBALL IS ONE OF FIFA'S MOST IMPORTANT STRATEGIC PRIORITIES. FOLLOWING THE RECORD-BREAKING FIFA WOMEN'S WORLD CUP AUSTRALIA & NEW ZEALAND 2023, IN 2024 FIFA UPHELD ITS COMMIMENT TO ALL 211 MEMBER ASSOCIATIONS, DELIVERING PROGRAMS AND OFFERING SUPPORT THAT IS DEDICATED TO ACCELERATING THE GROWTH OF THE WOMEN'S GAME GLOBALLY. THIS INCLUDED INITIATIVES THAT WILL DRIVE THE PROFESSIONALIZATION OF WOMEN'S FOOTBALL, SUCH AS FURTHER IMPROVEMENTS TO FIFA'S REGULATORY FRAMEWORK TO PROMOTE THE PROTECTIION OF FEMALE PLAYERS AND COACHES. IN LINE WITH THESE EFFORTS, FIFA HAS UPDATED ITS WOMEN'S FOOTBALL STRATEGY TO REFLECT THE RAPID CHANGES IN THE WOMEN'S FOOTBALL LANDSCAPE OVER THE PAST SIX YEARS, WHILE ENSURING ALIGNMENT WITH FIFA'S BROADER STRATEGIC OBJECTIVES. THE RELAUNCH OF THE FIFA WOMEN'S DEVELOPMENT PROGRAM AND THE PUBLICATION OF THE FOURTH EDITION OF THE SETTING THE PACE BENCHMARKING REPORT FURTHER EMPHASIZED THIS COMMITMENT. BUILDING ON THE MOMENTUM FROM THE FIFA WOMEN'S FOOTBALL CONVENTION IN 2023, FIFA ORGANIZED THREE REGIONAL WORKSHOPS IN 2024 FOR THE MEMBER ASSOCIATIONS OF THE AFC, CONMEBOL AND CONCACAF. THESE EVENTS AIM TO SUPPORT CONTINUOUS REGIONAL DEVELOPMENT. (F) AUDIT AND FINANCIAL EDUCATION - FIFA APPOINTS GLOBALLY RECOGNIZED AUDIT AND ASSURANCE FIRMS, WHICH PERFORM INDEPENDENT REVIEWS ON A MEMBER ASSOCIATION'S PROCESSES AND COMPLIANCE WITH REGULATIONS. EVERY YEAR, A CENTRAL AUDIT REVIEW IS CONDUCTED FOR EACH MEMBER ASSOCIATION THAT HAS RECEIVED FUNDS UNDER THE FORWARD PROGRAM. IN ADDITION, FIFA PROVIDES CAPACITY DEVELOPMENT ASSISTANCE TO SUPPORT FIFA'S MEMBER ASSOCIATIONS IN IDENTIFYING AREAS THAT REQUIRE IMPROVEMENT. (G) MEDICINE AND SCIENCE - FIFA MEDICAL'S MISSION FOCUSES ON IMPROVING PLAYER HEALTH GLOBALLY BY SETTING CLINICAL STANDARDS, FOSTERING A FOOTBALL MEDICINE COMMUNITY AND PROMOTING EQUITY IN ACCESSING KNOWLEDGE. IN 2024, THIS INCLUDED ENCHANCED PLAYER HEALTH SURVEILLANCE, CONCUSSION INJURY SPOTTING, AND LAUNCHING THE SUSPECT AND PROTECT CONSUSSION AWARENESS PROGRAM WITH THE WORLD HEALTH ORGANIZATION (WHO). ONGOING PROJECTS ARE INVESTIGATING THE LINK BETWEEN MATCH LOAD AND PLAYER HEALTH, WHILE RESEARCH ON THE IMPACT OF HEADING ON BRAIN HEALTH HAS BEGUN. UPDATED CONCUSSION PROTOCOLS AND THE MANAGEMENT OF THE IFAB'S CONCUSSION SUBSTITUTION TRIAL ARE ALSO KEY INITIATIVES. FIFA IS DEVELOPING A MENTAL HEALTH TOOKLIT FOR MAJOR SPORTING EVENTS WITH THE IOC AND IS CONTINUING TO IMPLEMENT LEADING MEDICAL PROTOCOLS, SUCH AS INJURY AND SPOTTER PROGRAMS AND AI ASSISTANCE. KEY INITIATIVES INCLUDE CARDIAC SCREENING GUIDELINES FOR YOUTH PLAYERS, MANAGING THE FIFA SUDDEN CARDIAC DEATH REGISTERY, AND REFORMING THE 49 FIFA MEDICAL CENTERS OF EXCELLENCE. FIFA'S ALSO UPDATING THE 42 MODULES OF THE ONLINE FIFA MEDICAL DIPLOMA AND IS WORKING WITH MEMBER ASSOCIATIONS ON THE FOOTBALL FOR SCHOOLS PROGRAM, TEACHING HEALTH EDUCATION TO CHILDREN. IN 2024, FIFA CONTINUED ITS ROBUST ANTI-DOPING STRATEGIES, INCLUDING TESTING AT ALL OF FIFAS COMPETITIONS, COLLECTING THOUSANDS OF SAMPLES AND WORKING WITH WADA-ACCREDITED LABS. COLLABORATION WITH THE CONFEDERATIONS AND VARIOUS THIRD PARTIES ENSURED GLOBAL CONSISTENCY, WHILE THE ANTI-DOPING PROGRAM WAS EXPENDED TO PROMOTE CLEAN SPORT VALUES. (H) EDUCATION - FIFA PROVIDES ANNUAL FINANCIAL SUPPORT TO CIES, WHICH IS BASED IN NEUCHATEL, SWITZERLAND CIES IS A LEADING INSTITUTION WITH AN EVER-EXPANDING OFFERING OF EDUCATIONAL PROGRAMS FOR THE DEVELOPMENT OF NEW FOOTBALL ADMINISTRATORS AND MANAGEMENT EDUCATION OF ATHLETES AND SPORT EXECUTIVES, AND IT ALSO SERVES AS A REFERENCE POINT FOR RESEARCH AND CONSULTING SERVICES. (I) FIFA FOUNDATION - THE FIFA FOUNDATION WAS ESTABLISHED IN MARCH 2018 AS AN INDEPENDENT ENTITY WITH THE AIM OF PROMOTING POSITIVE SOCIAL CHANGE WORLDWIDE AND MOBILIZING SUPPORT FOR THE RECOVER AND RECONSTRUCTION OF DAMAGED OR DESTROYED SPORTING INFRASTRUCTURE. (J) FIFA WORLD FOOTBALL MUSEUM - HERITAGE AND CULTURE GLOBALLY, VARIOUS INTERNATIONAL EXHIBITIONS, EVENTS AND EDUCATION-RELATED PROJECTS WERE FURTHER DEVELOPED IN COLLABORATION WITH FIFA. THE MUSEUM''S COLLECTION WAS ALSO SIGNIFICANTLY INCREASED, ESPECIALLY IN THE FIELD OF WOMEN'S FOOTBALL. A RECONSTRUCTION OF PARTS OF THE PERMANENT EXHIBITION IN ZURICH WAS COMPLETED TO EXPAND THE FIFA WOMEN'S WORLD CUP SHOWCASES, AND THE NEW SPECIAL EXHIBITIONS, "THE MAKING OF A FOOTBALLER: PHOTOGRAPHS OF YOUTHFUL DREAMS", "FOOTBALL FEVER AND "120 YEARS OF FIFA" ATTRACTED THOUSANDS OF KIDS AND FAMILIES AS WELL AS FOOTBALL FANS AND CULTURAL ENTHUSIASTS FROM AROUND THE WORLD. FOR THE SECOND CONSECUTIVE YEAR, MORE THAN 250,000 VISITORS WERE WELCOMED IN ZURICH WHILE OVER 100,000 PEOPLE ATTENDED EXHIBITIONS AND ACTIVATIONS IN VARIOUS CITIES. A NEW DIGITAL MILESTONE WAS ACHIEVED WITH THE RELEASE OF THE MUSEUM'S INAUGURAL VIRTUAL REALITY EXPERIENCE "THE FIRST WORLD CUP", AN INTERACTIVE DEEP-DIVE INTO THE HISTORIC JOURNEY TO URUGUAY 1930. FIFA GOVERNANCE AND ADMINISTRATION - FIFA GOVERNANCE AND ADMINISTRATION EXPENSES COMPRISE ALL COSTS RELATED TO THE GOVERNANCE OF FIFA ITSELF AND ARE RECOGNIZED AS PROFIT OR LOSS AS INCURRED. EXPENSES FROM ADMINISTRATIVE ACTIVITIES INCLUDE, IN PARTICULAR, COSTS RELATED TO INFORMATION TECHNOLOGY, BUILDINGS AND MAINTENANCE, COMMUNICATIONS, THE ANNUAL FIFA CONGRESS AND LEGAL COSTS. AS REQUIRED BY IFRS, FIFA QUALIFIES THE COUNCIL AND FIFA MANAGMENT AS RELATED PARTIES. ALL COMPENSATION EARNED BY OFFICERS, DIRECTORS AND SIGNIFICANT EMPLOYEES OF FIFA WERE EARNED OUTSIDE THE UNITED STATES AND IS REVIEWED BY THE RESPONSIBLE FIFA BODY. FIFA HAS NO OFFICE, FIXED PLACE BUSINESS OR OTHER PERMANENT ESTABLISHMENT IN THE UNITED STATES. X X X X X 1 1 X 0 0 0 0 0 0 0 1 0 GIOVANNI INFANTINO PRESIDENT 2954380 0 1874895 0 1148577 0 155344 0 0 0 6133196 0 0 0 MATTHIAS GRAFSTROM SECRETARY GENERAL 1899783 0 0 0 207743 0 155344 0 0 0 2262870 0 0 0 PART I, LINE 1A EMPLOYEES AND OFFICERS OF FIFA AS WELL AS COUNCIL AND COMMITTEE MEMBERS OBTAIN REFUND OF THEIR EXPENSES AND/OR LUMP-SUM PAYMENT FOR EXPENSES IN LINE WITH FIFA COMPENSATION, EXPENSE AND BENEFIT REGULATIONS. SUCH REGULATIONS ALSO ADDRESS COMPENSATION FOR TRAVEL AND ACCOMMODATION. THE EXPENSE REGULATIONS ARE IN LINE WITH SWISS LEGISLATION AND PRACTICE. AS PER APPLICABLE FIFA REGULATIONS, TO THE EXTENT THAT THE ASSUMED COSTS DO NOT QUALIFY AS REIMBURSEMENT OF EXPENSES SUCH BENEFITS ARE TREATED AS INCOME FROM EMPLOYMENT WHICH IS REPORTED AND TREATED AS WAGES FORM 990, SCHEDULE J, GENERAL INFORMATION AS REQUIRED BY IFRS, FIFA QUALIFIES THE COUNCIL AND FIFA MANAGEMENT AS RELATED PARTIES. ALL COMPENSATION EARNED BY OFFICERS, DIRECTORS AND SIGNIFICANT EMPLOYEES OF FIFA WAS EARNED OUTSIDE THE UNITED STATES AND IS REVIEWED BY THE RESPONSIBLE FIFA BODY. FIFA HAS NO OFFICE, FIXED PLACE BUSINESS OR OTHER PERMANENT ESTABLISHMENT IN THE UNITED STATES. ACCORDING TO THE RULES AND PRINCIPLES IN PLACE FOR 2024, FIFA COUNCIL VICE-PRESIDENTS WHO ARE ALSO CONFEDERATIONS PRESIDENTS EACH RECEIVE A FIXED NET ANNUAL COMPENSATION OF USD 393,000. FIFA COUNCIL VICE-PRESIDENTS WHO ARE NOT CONFEDERATIONS PRESIDENTS AND FIFA COUNCIL MEMBERS EACH RECEIVE A FIXED NET ANNUAL COMPENSATION OF USD 325,000. IN ADDITION, EACH MEMBER ALSO RECEIVES A DAILY ALLOWANCE WHILE ON DUTY USD 250, OR USD 150 IF FIFA COVERS BREAKFAST AND LUNCH OR DINNER. UNDER THE FIFA COMPENSATION, EXPENSES AND BENEFITS REGULATIONS FOR SENIOR OFFICIALS (MARCH 2017), FIFA COVERS THE EMPLOYER'S AND EMPLOYEE'S SOCIAL CONTRIBUTIONS, WHEREAS WITHHOLDING TAXES ARE BEING DEDUCTED FROM THE SALARY OF THE COUNCIL MEMBER, AND PAID DIRECTLY BY FIFA TO THE TAX AUTHORITIES. FIFA DOES NOT COVER SOCIAL SECURITY CONTRIBUTIONS OR TAXES THAT MAY ALSO BE DUE IN THE COUNCIL MEMBERS' COUNTRY OF RESIDENCE. LONG-SERVING COUNCIL MEMBERS, WHICH ARE NOT FALLING UNDER THE FIFA COMPENSATION, EXPENSES AND BENEFITS REGULATIONS FOR SENIOR OFFICIALS (CEB), ARE ALSO ENTITLED TO RECEIVE ANNUAL PENSION PAYMENTS. FIFA BELIEVES THAT IT PAYS NO COMPENSATION IN RESPECT OF WHICH FORM W-2 OR 1099 IS REQUIRED TO BE ISSUED. COUNCIL MEMBER MAY NOT RECEIVE THE FULL USD 393,000 RESP. USD 325,000 IN 2024 DUE TO PRO-RATA CALCULATION, WHERE MEMBERS ONLY SERVE A PORTION OF THE YEAR AS AN ELECTED MEMBER. FORM 990, PART I, LINE 7 FIFA HAS REPORTED $0 UBTI. IT IS POSSIBLE THAT SOME SMALL NUMBER OF ADVERTISING INCOME SHOULD BE REPORTED ON LINE 7. HOWEVER, FIFA BELIEVES THAT THE US SOURCE ADVERTISING INCOME WOULD BE DE MINIMIS. UNDER THE US-SWISS TREATY, FIFA WOULD NOT BE TAXABLE ON ITS UBTI, INCLUDING ITS US SOURCE UBTI, BECAUSE IT HAS NO PERMANENT ESTABLISHMENT IN THE UNITIED STATES. FORM 990 - GENERAL FIFA'S FINANCIAL STATEMENTS ARE ESTABLISHED IN ACCORDANCE WITH INTERNATIONAL FINANCIAL REPORTING STANDARDS (IFRS). THE FIFA FINANCIAL REPORT 2024 (ENCLOSURE) INCLUDES ADDITIONAL INFORMATION WHICH SHALL GIVE MORE BACKGROUND TO THE DECLARATIONS MADE BY FIFA IN THIS FORM 990. FIFA'S ROYALTY INCOME IS MAINLY DERIVED FROM THE FIFA WORLD CUP, BUT USUALLY THE RESPECTIVE AGREEMENTS ALSO COVER ADDITIONAL EVENTS. THE SHARE OF THE INCOME TO BE ALLOCATED TO THE ADDITIONAL EVENTS IS NOT EXACTLY DETERMINED BUT IS A SMALL ONE ONLY. FIFA'S COMPENSATION POLICY IS DETERMINED BY THE RESPONSIBLE FIFA BODY AND IS BASED ON THE COMPENSATION LEVEL TO BE PAID ON THE SWISS AND INTERNATIONAL LABOR MARKET FOR EXPERIENCED MANAGEMENT STAFF. MOST OF FIFA'S GOVERNING DOCUMENTS AND FIFA'S FINANCIAL STATEMENTS ARE AVAILABLE ON ITS WEBSITE WWW.FIFA.COM. ALL COMPENSATION EARNED BY OFFICERS, DIRECTORS AND SIGNIFICANT EMPLOYEES OF FIFA WAS EARNED OUTSIDE OF THE UNITED STATES AND IS REVIEWED BY A RESPONSIBLE FIFA BODY (SEE BELOW). FIFA HAS NO OFFICE, FIXED PLACE OF BUSINESS OR OTHER PERMANENT ESTABLISHMENT IN THE UNITED STATES. FORM 990, PART III, LINE 3 IN ORDER TO TIGHTEN UP ITS INTERNAL OVERSIGHT AND CONTROL PROCESSES AND REVAMP ITS FINANCIAL REPORTING, THEREBY PROVIDING DUE TRANSPARENCY, FIFA HAS BROUGHT IN SEVERAL INNOVATIONS TO ITS ANNUAL REPORT: A. IN ORDER TO ENHANCE FOCUS, FIFA'S ANNUAL REPORT NOW CONSISTS OF THREE SEPARATE, YET INTERTWINED, REPORTS: THE ACTIVITY REPORT, THE FINANCIAL REPORT AND THE GOVERNANCE REPORT. B. IN ORDER TO APPLY THE HIGHEST FINANCIAL STANDARDS, FIFA APPLIES THE ACCOUNTING STANDARD IFRS 15 "REVENUE FROM CONTRACTS WITH CUSTOMERS", WHICH SPECIFIES HOW AND WHEN REVENUE IS RECOGNIZED IN IFRS REPORTS AND ENSURES THE COMPARABILITY OF EACH YEAR OVER THE FOUR-YEAR CYCLE. C. AS A NON-PROFIT ORGANIZATION, FIFA'S KEY ACTIVITIES ARE TO ORGANIZE INTERNATIONAL TOURNAMENTS AND TO DEVELOP THE GAME OF FOOTBALL. THE CONSOLIDATED INCOME STATEMENT IS STRUCTURED IN SUCH A WAY THAT RECOGNIZES THE VARIOUS ELEMENTS IN THE SET-UP BEHIND FIFA'S ACTIVITIES. THIS STRUCTURE ENABLES FULL EMPHASIS ON THE KEY FINANCIAL FORCES AFFECTING FIFA. EXPENSES ARE GROUPED INTO TWO MAIN AREAS: FOOTBALL ACTIVITIES AND ADMINISTRATIVE ACTIVITIES, TO BETTER REFLECT FIFA'S STATUTORY OBJECTIVES AND THE RESPECTIVE EXPENSE CATEGORIES. ALL EXPENSE CATEGORIES HAVE BEEN REVIEWED THOROUGHLY AND IMPROVED. FORM 990, PART IV, LINE 4 FIFA HAS NO ESTABLISHED LOBBYING PROGRAM. HOWEVER, FIFA WORKS TO SUPPORT THE PROMOTION OF FOOTBALL GLOBALLY. IN SOME COUNTRIES, THE PROMOTION OF FOOTBALL MAY HAVE THE INCIDENTAL EFFECT OF ENCOURAGING THE ADOPTION OR CHANGE IN LAWS, RULES OR ORDINANCES. FIFA BELIEVES THAT NO MORE THAN AN INSIGNIFIANT AMOUNT OF TIME AND EXPENSE IS SPENT ON ACTIVITIES THAT WOULD BE INTERPRETED AS LOBBYING. FORM 990, PART IV, LINE 28 COUNCIL MEMBERS MAY BE DIRECTORS OR EXECUTIVES OF A CONFEDERATION OR A MEMBER ASSOCIATION. FIFA MAY HAVE CONTINUING RELATED PARTY TRANSACTIONS WITH CONFEDERATIONS, MEMBER ASSOCIATIONS AND/OR THEIR LOCAL ORGANIZING COMMITTEES. FORM 990, PART IV, LINE 29 FIFA HAS RECEIVED MORE THAN $25,000 OF PAYMENTS IN KIND, BUT SUCH PAYMENTS IN KIND WERE GIVEN TO FIFA AS ARM'S LENGTH CONSIDERATION FOR RIGHTS GRANTED IN CONTRACTS WITH FIFA. FIFA HAS NOT CLASSIFIED SUCH PAYMENTS IN KIND AS CONTRIBUTIONS. FORM 990, PART V, LINE 6B TO THE BEST OF FIFA'S KNOWLEDGE, WITH THE SOLE EXCEPTION OF THE UNITED STATES SOCCER FEDERATION, WHICH IS TAX-EXEMPT UNDER SECTION 501(C)(3), NONE OF THE NATIONAL FOOTBALL ASSOCIATION IS A US TAXPAYER, AND FIFA DOES NOT KNOW, WITH RESPECT TO ANY OF THESE ENTITIES, WHETHER ANY PORTIONS OF THEIR DUES PAYMENTS ARE DEDUCTIBLE IN THEIR COUNTRY OF ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 6 FIFA HAS A SINGLE CLASS OF MEMBERS. MEMBERS HAVE THE RIGHT TO TAKE PART IN THE FIFA CONGRESS, TO DRAW UP PROPOSALS FOR INCLUSION IN THE AGENDA OF A CONGRESS, TO NOMINATE CANDIDATES FOR THE FIFA PRESIDENCY, TO TAKE PART IN COMPETITIONS ORGANIZED BY FIFA, TO TAKE PART IN FIFA'S ASSISTANCE AND DEVELOPMENT PROGRAMS, AND TO EXERCISE ALL OTHER RIGHTS ARISING FROM THE FIFA STATUTES AND OTHER REGULATIONS. EACH MEMBER HAS ONE VOTE IN THE CONGRESS AND IS REPRESENTED BY ITS DELEGATES. DURING THEIR TERM OF OFFICE, MEMBERS OF THE COUNCIL COMMITTEE MAY NOT BE APPOINTED AS DELEGATES FOR THEIR ASSOCIATION. ONLY THE MEMBERS MAY PROPOSE CANDIDATURES FOR THE OFFICE OF FIFA PRESIDENT. A CANDIDATURE FOR THE OFFICE OF FIFA PRESIDENT IS VALID IF SUPPORTED BY A TOTAL OF AT LEAST FIVE MEMBERS. THE CONGRESS AGENDA SHALL INCLUDE THE FOLLOWING MANDATORY ITEMS; A DECLARATION THAT THE CONGRESS HAS CONVENED AND COMPOSED IN COMPLIANCE WITH THE STATUTES; APPROVAL OF THE AGENDA; AN ADDRESS BY THE PRESIDENT; APPOINTMENT OF FIVE MEMBERS TO CHECK THE MINUTES; APPOINTMENT OF REVIEWERS; SUSPENSION OR EXPULSION OF A MEMBER (IF APPLICABLE); APPROVAL OF THE MINUTES OF THE PRECEDING CONGRESS; ACTIVITY REPORT (CONTAINING THE ACTIVITIES SINCE THE LAST CONGRESS); REPORT FROM THE AUDIT AND COMPLIANCE COMMITTEE; PRESENTATION OF THE CONSOLIDATED AND REVISED BALANCE SHEET AND THE PROFIT AND LOSS STATEMENT; APPROVAL OF THE FINANCIAL STATEMENTS; APPROVAL OF THE BUDGET; ADMISSION FOR MEMBERSHIP (IF APPLICABLE); VOTES ON PROPOSALS FOR ADOPTING AND AMENDING THE STATUTES, THE REGULATIONS GOVERNING THE APPLICATION OF THE STATUTES AND THE STANDING ORDER OF THE CONGRESS (IF APPLICABLE); DISCUSSION OF PROPOSALS SUBMITTED BY THE MEMBERS AND THE EXECUTIVE COMMITTEE WITHIN THE PERIOD STIPULATED (IF APPLICABLE); APPOINTMENT OF AUDITORS (IF APPLICABLE); ELECTION OR DISMISSAL OF THE PRESIDENT AND/OR THE FEMALE MEMBER OF THE EXECUTIVE COMMITTEE AS WELL AS INSTALLATION OR DISMISSAL OF THE VICE-PRESIDENTS AND THE OTHER MEMBERS OF THE EXECUTIVE COMMITTEE (IF APPLICABLE); ELECTION OR DISMISSAL OF THE CHAIRMEN, DEPUTY CHAIRMEN AND MEMBERS OF THE JUDICIAL BODIES AND OF THE CHAIRMAN, DEPUTY CHAIRMAN AND MEMBERS OF THE AUDIT AND COMPLIANCE COMMITTEE (IF APPLICABLE); AND VOTE ON THE DESIGNATION OF THE HOST COUNTRY OF THE FIFA WORLD CUPTM FINAL COMPETITION (IF APPLICABLE). FORM 990, PART VI, SECTION A, LINE 7A EXPLANATION FOR LINES 7A AND 7B ARE COMBINED BELOW. OVER THE PAST YEARS, FIFA HAS PROGRESSIVELY ADOPTED A WIDE RANGE OF GOVERNANCE REFORMS THAT REFLECT THE VIEWS OF THE FOOTBALL COMMUNITY IN ORDER TO MEET THE EVOLVING NEEDS OF THE MODERN GAME. THIS WORK CONTINUED WITH THE STEP TAKEN IN ZURICH ON FEBRUARY 26, 2016 WHEN THE EXTRAORDINARY FIFA CONGRESS APPROVED A SET OF REFORMS PRESENTED BY THE 2016 FIFA REFORM COMMITTEE AND COMPRISED OF THIRTEEN REPRESENTATIVES FROM AROUND THE GLOBE. THESE PRINCIPLES AND RECOMMENDATIONS WERE INCORPORATED INTO AN AMENDED VERSION OF THE FIFA STATUTES, RESULTING IN SIGNIFICANT MODIFICATIONS TO FIFA'S INSTITUTIONAL STRUCTURE AND OPERATIONAL PROCESSES, AND MAKING THE ORGANIZATION MORE TRANSPARENT AND ACCOUNTABLE. THE REFORMS, EFFECTIVE IN 2016, FOCUSED ON THREE GUIDING PRINCIPLES: PRINCIPALS OF LEADERSHIP TO EFFECT CULTURAL CHANGE AT FIFA, PRINCIPLES OF GOVERNANCE REFORMS AND PRINCIPLES TO FOSTER GREATER PARTICIPATION OF MEMBER ASSOCIATION AND OTHER STAKEHOLDERS. FIFA STRUCTURE: THE SUPREME AND LEGISLATIVE BODY OF FIFA IS THE FIFA CONGRESS. THE CONGRESS HAS 211 MEMBERS WHICH ARE MADE UP OF, AND APPOINTED BY, ALL THE MEMBER ASSOCIATIONS. THE FIFA PRESIDENT CHAIRS THE CONGRESS. THE PRESIDENT'S ROLE INCLUDES APPRAISAL OF THE SECRETARY GENERAL; PROPOSING APPOINTMENT OR DISMISSAL OF SECRETARY GENERAL; AND PREPARING BUSINESS OF THE COUNCIL AND THE CONGRESS. PRESIDENT HAS NO RIGHT TO VOTE AT THE CONGRESS AND ONLY ONE ORDINARY VOTE IN FIFA COUNCIL. THE SUPREME AND OVERSIGHT BODY OF FIFA IS THE FIFA COUNCIL. THE COUNCIL IS CHAIRED BY THE PRESIDENT AND IS RESPONSIBLE FOR SETTING ACTIONS REQUIRED TO EFFECTIVELY EXECUTE THAT STRATEGY. THE COUNCIL CONSISTS OF THE PRESIDENT, ELECTED BY THE CONGRESS IN THE YEAR FOLLOWING FIFA WORLD CUP, 8 VICE-PRESIDENTS AND 28 MEMBERS, ELECTED BY THE MEMEBER ASSOCIATIONS AT THEIR RESPECTIVE CONFEDERATION CONGRESSES. THE PRESIDENT AND THE OTHER MEMBER OF THE COUNCIL ARE ELECTED FOR A TERM OF FOUR YEARS, AND THEY MAY SERVE FOR NO MORE THAN THREE TERMS OF OFFICE - WHETHER CONSECUTIVE OR NOT. THE ELECTION OF THE COUNCIL MEMBERS IS NOW SUPERVISED BY THE GOVERNANCE COMMITTEE. TO IMPROVE THE EFFICIENCY OF THE DECISION-MAKING PROCESS, THE NUMBER OF STANDING COMMITTEES WAS REDUCED FROM 26 TO 9, WITH SOME KEY COMMITTEES - DEVELOPMENT, GOVERNANCE AND FINANCE - NOW REQUIRED TO INCLUDE A STRICT QUOTA OF INDEPENDENT MEMBERS. STANDING COMMITTEES ADVISE AND ASSIST THE COUNCIL IN THEIR RESPECTIVE FIELDS OF FUNCTION AND REPORT TO THE COUNCIL. MEMBERS OF THE STANDING COMMITTEES MAY AT THE SAME TIME BE MEMBERS OF THE COUNCIL, WITH THE EXCEPTION OF THE MEMBER OF THE GOVERNANCE COMMITTEE, THE INDEPENDENT MEMBERS OF THE FINANCE COMMITTEE AND THE INDEPENDENT MEMBERS OF THE DEVELOPMENT COMMITTEE. ALL BUSINESS CONNECTIONS BETWEEN INDIVIDUAL COUNCIL MEMBERS, INCLUDING COMPANIES OR ORGANIZATIONS REPRESENTED BY THEM, AND FIFA ARE DISCLOSED IN NOTE 35 TO THE CONSOLIDATED FINANCIAL STATEMENT OF FIFA. THE GENERAL SECRETARIAT CARRIES OUT ALL OF THE COMPETITION-RELATED, OPERATIVE AND ADMINISTRATIVE DUTIES OF FIFA UNDER THE DIRECTION OF THE SECRETARY GENERAL. THE SECRETARY GENERAL IS THE CHIEF EXECUTIVE OFFICER (CEO) OF FIFA. THERE ARE TWO DEPUTY SECRETARIES GENERAL, ONE RESPONSIBLE FOR FOOTBALL MATTERS AND ONE RESPONSIBLE FOR ADMINISTRATION MATTERS. THE SECRETARY GENERAL APPOINTS THE MANAGERIAL STAFF AND THE STAFF IN THE GENERAL SECRETARIAT. THE DETAILED DUTIES, POWERS AND RESPONSIBILITIES OF THE FIFA GENERAL SECRETARIAT ARE REGULATED BY THE FIFA GOVERNANCE REGULATIONS, BASED ON THE FIFA STATUES. INDEPENDENT FIFA REVIEW COMMITTEES - FIFA HAS SEVERAL INDEPENDENT COMMITTEES, INCLUDING THE AUDIT AND COMPLIANCE COMMITTEE AND THE JUDICIAL BODIES (THE DISCIPLINARY COMMITTEE, THE ETHICS COMMITTEE AND THE APPEAL COMMITTEE). THE INDEPENDENT COMMITTEES, AS WELL AS THEIR INDIVIDUAL MEMBERS, CONDUCT THEIR ACTIVITIES AND PERFORM THEIR DUTIES ENTIRELY INDEPENDENTLY BUT ALWAYS IN THE INTERESTS OF FIFA AND IN ACCORDANCE WITH THE STATUTES AND REGULATIONS OF FIFA. THE CHAIRPERSON, DEPUTY CHAIRPERSON AND OTHER MEMBERS OF THE AUDIT AND COMPLIANCE COMMITTEE AND THE JUDICIAL BODIES ARE ELECTED BY THE CONGRESS AND MAY NOT BELONG TO ANY OTHER FIFA BODY. THE INDEPENDENT AUDIT AND COMPLIANCE COMMITTEE MONITORS ALL SUB-COMMITTEES, THE COUNCIL, AND THE GENERAL SECRETARIAT. MEMBERS OF STANDING COMMITTEES AND CHAIRPERSONS AND DEPUTY OF AUDIT AND COMPLIANCE COMMITTEE AND JUDICIAL BODIES ARE NOT PERMITTED TO HAVE OTHER OFFICIAL FUNCTIONS IN FIFA, HAVE OTHER FUNCTIONS IN CONFEDERATION OR A MEMBER ASSOCIATION, OR HAVE MATERIAL BUSINESS RELATIONSHIP WITH FIFA, A CONFEDERATION, OR A MEMBER ASSOCIATION. THE ROLE OF THE AUDIT AND COMPLIANCE COMMITTEE IS SIGNIFICANT IN THE PROCESS OF SAFEGUARDING THE INTEGRITY OF THE ORGANIZATION IN ITS MOST CRITICAL AREAS - FROM THE BIDDING PROCESS OF THE FIFA WORLD CUP, DEFINING COMPENSATION POLICY AND ENHANCING THE CONTROL ENVIRONMENT FRAMEWORK TO THE DISTRIBUTION OF DEVELOPMENT FUNDS. IN THOSE AREAS, THE COMMITTEE ENSURED THE CONTINUED IMPLEMENTATION OF THE NECESSARY CHANGES AND ENCOURAGED MANAGEMENT TO ADOPT ALL OF THE REQUIRED MEASURES IN A TIMELY MANNER. WORKING CLOSELY WITH IT STAKEHOLDERS, FIFA COMPLIANCE DIVISION ASPIRES TO ENSURE THAT ZERO TOLERANCE TOWARDS WRONGDOING IS THE NORM ACROSS THE ORGANIZATION. GOVERNANCE REFORM - THE MAIN ASPECT OF THE REFORMS ARE: -CLEAR SEPARATION BETWEEN "POLITICAL AND "MANAGEMENT" FUNCTIONS: THE FIFA COUNCIL IS RESPONSIBLE FOR SETTING THE ORGANIZATION'S OVERALL STRATEGIC DIRECTION, WHILE THE GENERAL SECRETARIAT OVERSEES THE OPERATIONAL COMMERCIAL ACTIONS REQUIRED TO EFFECTIVELY EXECUTE THAT STRATEGY. THIS SEPARATION IS DESIGNED TO REDUCE CONFLICTS OF INTEREST AND MIRROR BEST PRACTICES OF OTHER INDUSTRIES. IN REGARDS TO BUSINESS OR FINANCE-RELATED MATTERS, THE COUNCIL SHALL DEFINE THE STANDARDS, POLICIES AND PROCEDURES APPLICABLE TO THE AWARDING OF COMMERCIAL CONTRACTS, FOOTBALL DEVELOPMENT GRANTS, OPERATIONAL COSTS, AND ALL OTHER BUSINESS OR FINANCE-RELATED MATTERS OF FIFA. UNDER THE REVISED FIFA STATUES, THE PRESIDENT REPRESENTS FIFA GENERALLY AND SHALL AIM TO FOSTER A POSITIVE IMAGE OF FIFA AND TO ENSURE THAT FIFA'S MISSION, STRATEGIC DIRECTION, POLICIES, AND VALUES, AS DEFINED BY THE COUNCIL, ARE PROTECTED AND ADVANCED. -INCREASED OVERSIGHT THROUGH THE SEPARATION OF POWERS IN ADMINISTRATION, WHICH WAS SPLIT INTO TWO BRANCHES, EACH OF WHICH IS OVERSEEN BY A DEPUTY SECRETARY GENERAL, ONE RESPONSIBLE FOR ALL THE ADMINISTRATIONAL ASPECTS OF THE INSTITUTION - I.E. COMMERCIAL FINANCE, PEOPLE, TECHNOLOGY AND OPERATIONS, LEGAL AND INTEGRITY AND ONE FOR MATTERS DIRECTLY RELATED TO FOOTBALL INCLUDING A NEW AND DEDICATED WOMEN'S FOOTBALL DIVISION. THE AREAS WHOSE REMIT OVERARCHES THE WHOLE OGRANIZATION, SUCH AS COMMUNICATIONS AND COMPLIANCE DIVISION, REPORT DIRECTLY TO THE SECRETARY GENERAL. -FIFA HAS FORMED A FULLY INDEPENDENT ETHICS COMMITTEE DIVIDED INTO TWO SEPARATE CHAMBERS - THE INVESTIGATORY CHAMBER AND THE ADJUDICATORY CHAMBER - PRIMARY RESPONSIBLE FOR INVESTIGATING INFRINGEMENTS OF THE FIFA CODE OF ETHICS. -TERM LIMITS FOR THE FIFA PRESIDENT, FIFA COUNCIL MEMBERS AND MEMBERS OF THE AUDIT AND COMPLIANCE COMMITTEE AND THE JUDICIAL BODIES (MAX 12 YEARS). -ELECTION OF COUNCIL MEMBERS SUPERVISED BY FIFA AND IN ACCORDANCE WITH FIFA'S OWN ELECTORAL REGULATIONS; ALL CANDIDATES SUBJECT TO COMPREHENSIVE ELIGIBILITY AND INTEGRITY CHECKS CONDUCTED BY AN INDEPENDENT FIFA REVIEW COMMITTEE. -ESTABLISHMENT OF GOVERNANCE COMMITTEE: GOVERNANCE COMMITTEE SHALL ADVISE AND ASSIST THE COUNCIL IN ALL MATTERS. -FIFA HAS FORMED A NEW INTERNAL COMPLIANCE DIVISION ENTRUSTED WITH THE RESPONSIBILITY TO DEVELOP A THOROUGH COMPLIANCE PROGRAM, INCLUDING ELEMENTS SUCH AS ANTI-BRIBERY AND ANTI-CORRUPTION POLICIES, EMPLOYEE TRAINING AND KEY POLICIES, MONITORING THE INTERNAL WHISTELBLOWER HOTLINE, COMPLIANCE RISK ASSESSMENT AND OFFERING ADVICE AND SUPPORT TO FIFA EMPLOYEES. THE COMPLIANCE DIVISION IS OVERSEEN BY THE CHIEF COMPLIANCE OFFICER WHO REPORTS TO SECRETARY GENERAL AND THE INDEPENDENT AUDIT AND COMPLIANCE COMMITTEE. IN ORDER TO FULFILL ITS DUTIES, POWERS AND RESPONSIBILITES, THE FIFA COMPLIANCE DIVISION HAS UNRESTRICTED AUTHORITY AND THE RIGHT TO ACCESS, INSPECT, REVIEW AND INVESTIGATE ANY ORGANIZATIONAL UNIT OF FIFA. CONTINUED BELOW UNDER LINE 7B EXPLANATION FORM 990, PART VI, SECTION A, LINE 7B -GREATER RECOGNITION AND PROMOTION OF WOMEN IN FOOTBALL WITH A MINIMUM OF ONE FEMALE REPRESENTATIVE ELECTED AS A COUNCIL MEMBER PER CONFEDERATION, PROMOTION OF WOMEN AS AN EXPLICIT STATUTORY OBJECTIVE OF FIFA TO CREATE A MORE DIVERSE DECISION-MAKING ENVIRONMENT AND CULTURE -DISCLOSURE OF INDIVIDUAL COMPENSATION ON AN ANNUAL BASIS OF THE FIFA PRESIDENT, ALL FIFA COUNCIL MEMBERS, THE SECRETARY GENERAL AND RELEVANT CHAIRPERSONS OF INDEPENDENT STANDING AND JUDICIAL COMMITTEES -ENCHANCED CONTROL OF MONEY FLOWS: UNDER THE REFORMS, A FULLY INDEPENDENT AUDIT AND COMPLIANCE COMMITTEE IS RESPONSIBLE FOR REVIEWING AND OVERSEEING ALL PROCESSES AND MONEY FLOWS, AND THE RESPECTIVE ROLES AND RESPONSIBILITIES OF THE CONGRESS, THE COUNCIL, THE FINANCE COMMITTEE, THE GENERAL SECRETARIAT, AND THE DEVELOPMENT COMMITTEE ARE MORE CLEARLY DEFINED WITH RESPECT TO FIFA'S REVENUE AND EXPENSES. -UNIVERSAL GOOD GOVERNANCE PRINCIPLES FOR CONFEDERATIONS AND MEMBER ASSOCIATIONS, SUCH AS COMPULSORY ANNUAL INDEPENDENT AUDIT REPORTS AS WELL AS INDEPENDENT JUDICIAL BODIES TO ENSURE A SEPARATION OF POWERS ON ALL LEVELS OF FOOTBALL STRUCTURES. -FIFA'S COMMITMENT TO HUMAN RIGHTS TO BE ENSHRINED IN THE FIFA STATUTES. -NEW FOOTBALL STAKEHOLDER COMMITTEE TO ENSURE GREATER TRANSPARENCY AND INCLUSION THROUGH BROADER STAKEHOLDER REPRESENTATION (INCLUDING PLAYERS, CLUBS AND LEAGUES). THE FIFA STATUTES AND FIFA GOVERNANCE REGULATIONS FORESEE A CLOSE ENGAGEMENT WITH MEMBERS OF THE INTERNATIONAL FOOTBALL COMMUNITY - I.E., MEMBER ASSOCIATIONS, CONFEDERATIONS, LEAGUES, CLUBS, PLAYERS, AND RELEVANT EXPERTS. 2026 FIFA WORLD CUP BIDDING PROCESS REFORMS: FIFA HAS DEVELOPED THE PROCESS THROUGH WHICH BIDS ARE EVALUATED, BY SIGNIFICANTLY IMPROVING THE ASSESSMENT MECHANISMS AND BY INTRODUCING NEW ADDITIONAL ELEMENTS: 1) 2026 BID EVALUATION TASK FORCE: ANALYSING AND ASSESSING THE DIFFERENT ASPECTS OF SUCH A COMPLEX ENDEAVOUR REQUIRES VERY SPECIFIC KNOWLEDGE IN DIFFERENT AREAS, FROM THE TECHNICAL EXPERTISE TO THE LEGAL AND COMMERCIAL IMPLICATIONS INVOLVED. FOR THE PURPOSE OF CARRYING OUT THIS EVALUATION, FIFA HAD ESTABLISHED A GROUP TO BE COMPOSED OF CERTAIN MEMBERS OF THE FIFA ADMINISTRATION WITH THE RELEVANT EXPERTISE, THE CHAIRMAN OF FIFA'S AUDIT AND COMPLIANCE COMMITTEE, THE CHAIRMAN OF FIFA'S GOVERNANCE COMMITTEE AND A MEMBER OF THE ORGANIZING COMMITTEE FOR FIFA COMPETITIONS. 2) INDEPENDENT AUDIT COMPANY: A REPRESENTATIVE OF THE APPOINTED INDEPENDENT AUDIT COMPANY ACTED AS AN OBSERVER OF THE BID EVALUATION PROCESS AND THE ACTIVITIES CARRIED OUT BY THE 2026 BID EVALUATION TASK FORCE. FOLLOWING THE PUBLICATION OF THE BID EVALUATION REPORT BY THE 2026 BID EVALUATION TASK FORCE, THE FIFA COUNCIL DESIGNATED THE TWO BIDS - THE ONE JOINTLY SUBMITTED BY THE CANADIAN SOCCER ASSOCIATION, THE MEXICAN FOOTBALL ASSOCIATION AND THE UNITED STATES SOCCER FEDERATION, AS WELL AS THE ONE SUBMITTED BY THE MOROCCAN FOOTBALL ASSOCIATION - TO BE VOTED ON BY THE 68TH FIFA CONGRESS. ON JUNE 13, 2018, THE 68TH CONGRESS DESIGNATED THE UNITED BID (CANADA, MEXICO AND USA) AS HOSTS OF THE 2026 FIFA WORD CUP. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY FIFA'S FINANCE DEPARTMENT BASED UPON FIFA'S FINANCIAL STATEMENTS. THE RETURN HAS BEEN DISCUSSED WITH FIFA'S OUTSIDE SWISS COUNSEL AND US TAX COUNSEL. FORM 990, PART VI, SECTION B, LINE 12C PERSONS PERFORMING ANY ACTIVITY FOR FIFA OR BEFORE BEING ELECTED OR APPOINTED ARE REQUIRED TO DISCLOSE ANY PERSONAL INTERESTS THAT COULD BE LINKED WITH THEIR PROSPECTIVE ACTIVITIES. PERSONS PERFORMING ANY ACTIVITY FOR FIFA ARE REQUIRED TO AVOID ANY SITUATION THAT COULD LEAD TO CONFLICTS OF INTEREST. CONFLICTS OF INTEREST ARISE IF PERSONS BOUND BY FIFA'S CODE OF EITHICS HAVE, OR APPEAR TO HAVE, PRIVATE OR PERSONAL INTERESTS THAT DETRACT FROM THEIR ABLIITY TO PERFORM THEIR DUTIES WITH INTEGRITY IN AN INDEPENDENT AND PURPOSEFUL MANNER. PRIVATE OR PERSONAL INTERESTS INCLUDE GAINING ANY POSSIBLE ADVANTAGE FOR THE PERSONS BOUND BY THE FIFA CODE OF ETHICS THEMSELVES, THEIR FAMILY, RELATIVES, FRIENDS AND ACQUAINTANCES. PERSONS BOUND BY THE FIFA CODE OF ETHICS MAY NOT PERFORM THEIR DUTIES IN CASES WITH AN EXISTING OR POTENTIAL CONFLICE OF INTEREST. ANY SUCH CONFLICT IS REQUIRED TO BE IMMEDIATELY DISCLOSED AND NOTIFIED TO THE ORGANIZATION FOR WHICH THE PERSON BOUND BY THE FIFA CODE OF ETHICS PERFORMS HIS DUTIES. IF AN OBJECTION IS MADE CONCERNING AN EXISTING OR POTENTIAL CONFLICT OF INTEREST OF A PERSON BOUND BY THE FIFA CODE OF ETHICS, IT SHALL BE REPORTED IMMEDIATELY TO THE ORGANIZATION FOR WHICH THE PERSON BOUND BY THE FIFA CODE OF ETHICS PERFORMS HIS DUTIES FOR APPROPRIATE MEASURES. ALL COUNCIL MEMBERS AND ALL FIFA DIRECTORS MUST ANNUALLY SIGN A CONFIRMATION WITH REGARD TO CONFLICTS OF INTERESTS AND RELATED PARTIES. THE INVESTIGATORY CHAMBER IS CHARGED WITH INVESTIGATING POTENTIAL BREACHES OF THE FIFA CODE OF ETHICS ON ITS OWN INITIATIVE AND AT ITS FULL AND INDEPENDENT DISCRETION. IF A PRIMA FACIE CASE IS FOUND, THE INVESTIGATORY CHAMBER WILL OPEN INVESTIGATION PROCEEDINGS AND CONDUCT APPROPRIATE INQUIRIES. IF A RECOMMENDATION IS MADE FOR SANCTIONING, THE PARTY'S SANCTIONABLE CONDUCT AND POSSIBLE RULE BREACHES ARE INDICATED IN A FINAL REPORT TO THE ADJUDICATORY CHAMBER. THE ADJUDICATORY CHAMBER REVIEWS THE REPORT AND DECIDES WHETHER FURTHER INVESTIGATION IS APPROPRIATE, WHETHER TO DISMISS THE CASE, OR WHETHER THE CASE SHOULD BE ADJUDICATED. IT IS ESSENTIAL THAT CONFLICTS OF INTEREST ARE IDENTIFIED AND MANAGED APPROPRIATELY. FIFA HAS ESTABLISHED A SET OF INTERNAL PROCESSES TO ENSURE THAT ANY SUCH POTENTIAL CONFLICTS OF INTEREST ARE SWIFTLY IDENTIFIED, WHICH INCLUDE: ANNUAL DECLARATIONS BY FIFA EMPLOYEES, THE FIFA MANAGEMENT AND COUNCIL MEMBERS OF POTENTIAL RELATED-PARTY TRANSACTIONS; ELIGIBILITY REVIEWS OF COUNCIL MEMBERS AND THE SECRETARY GENERAL; AND ASSESSMENTS OF PROCUREMENT PROCESSES RELATING TO ANY POTENTIAL CONFLICTS OF INTEREST WITH SUPPLIERS. RELATED-PARTY DISCLOSURES BY COUNCIL MEMBERS ARE MANAGED BY THE GOVERNANACE COMMITTEE. THE 2017 EDITION OF THE FIFA CODE OF CONDUCT EMPHASIZES THE IMPORTANCE OF IDENTIFYING POTENTIAL CONFLICT OF INTEREST. FIFA TEAM MEMBERS ARE REQUIRED TO IDENTIFY, REPORT AND ESCALATE ANY SUCH POTENTIAL CONFLICT OF INTEREST TO THEIR LINE MANAGERS AND TO THE FIFA COMPLIANCE DIVISION, AS WELL AS IN AN ANNUAL DISCLOSURE. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION PROCESS - THE COMPENSATION SUB-COMMITTEE, AS DEFINED IN ART. 51 OF THE FIFA STATUTES, WAS ESTABLISHED BY THE AUDIT AND COMPLIANCE COMMITTEE, AND CONSISTS OF THE CHAIRPERSON OF FINANCE COMMITTEE, THE CHAIRPERSON OF THE AUDIT AND COMPLIANCE COMMITTEE, AND A THIRD MEMBER WHO IS JOINTLY APPOINTED BY THE TWO CHAIRPERSONS. THE THIRD MEMBER MUST FULFILL THE INDEPENDENCE CRITERIA AS DEFINED IN THE FIFA GOVERNANCE REGULATIONS. THE COMPENSATION SUB-COMMITTEE IS RESPONSIBLE FOR DEFINING THE SECRETARY GENERAL. NO PARTIES OTHER THAN THE SUB-COMMITTEE HAVE THE RIGHT TO DEFINE THE COMPENSATION OF THESE INDIVIDUALS. THE SUB-COMMITTEE ALSO MONITORS COMPLIANCE WITH THE COMPENSATION RULES, WHICH DESCRIBE THE PRINCIPLES, PRACTICES AND STANDARDS FOR THE PRESIDENT, THE VICE-PRESIDENTS, THE MEMBERS OF THE COUNCIL, AND THE SECRETARY GENERAL, AS WELL AS THE COMPENSATION OF THE CHAIRPERSON OF THE AUDIT AND COMPLIANCE COMMITTEE AND THE COSTS OF THE JUDICIAL BODIES ARE PUBLISHED ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 FIFA STATUES, CODE OF ETHICS, DISCIPLINARY CODE, LAWS OF THE GAME AND FINANCIAL REPORTS ARE AVAILABLE ONLINE AT WWW.FIFA.COM. FORM 990, PART VI, LINE 10 A KEY COMPONENT OF THE AUDIT AND COMPLIANCE COMMITTEE'S MANDATE, AS STIPULATED IN THE FIFA STATUTES, IS TO OVERSEE THE DISTRIBUTION AND FLOW OF DEVELOPMENT OF FUNDS. SUPPORTED BY THE AUDIT AND COMPLIANCE COMMITTEE, THE FIFA ADMINISTRATION WORKED TO PROVIDE MUCH-NEEDED DEVELOPMENT FUNDING WHILE ALSO ENSURING THAT APPROPRIATE CONTROLS WERE IN PLACE. BY DOING SO, FIFA SUPPORTS ITS MEMBERS IN TWO WAYS: BY PROVIDING EXPERTISE TO HELP THEM STRENGTHEN THEIR CONTROLS, AND BY ALLOWING THEM TO CARRY ON DEVELOPING FOOTBALL. THE ADMINISTRATION IS INTENT ON ENSURING THAT FIFA'S ACTIVITIES ARE CONDUCTED WITH INTEGRITY. FORM 990, PART VII COMPENSATION OF KEY MANAGMENT PERSONAL - AS REQUIRED BY IFRS, FIFA QUALIFIES THE COUNCIL AND FIFA MANAGEMENT AS RELATED PARTIES. ALL COMPENSATION EARNED BY OFFICERS, DIRECTORS AND SIGNIFICANT EMPLOYEES OF FIFA WAS EARNED OUTSIDE THE UNITED STATES AND IS REVIEWED BY THE RESPONSIBLE FIFA BODY. FIFA HAS NO OFFICE, FIXED PLACE OF BUSINESS OR OTHER PERMANENT ESTABLISHMENT IN THE UNITED STATES. ACCORDING TO THE RULES AND PRINCIPLES IN PLACE FOR 2024, FIFA COUNCIL VICE-PRESIDENTS WHO ARE ALSO CONFEDERATIONS PRESIDENTS EACH RECEIVE A FIXED NET ANNUAL COMPENSATION OF USD 393,000. FIFA COUNCIL VICE PRESIDENTS WHO ARE NOT CONFEDERATIONS PRESIDENTS AND FIFA COUNCIL MEMBERS EACH RECEIVE A FIXED NET ANNUAL COMPENSATION OF USD 325,000. IN ADDITION, EACH MEMBER ALSO RECEIVES A DAILY ALLOWANCE WHILE ON DUTY USD 250, OR USD 150 IF FIFA COVERS BREAKFAST AND LUNCH OR DINNER. UNDER THE FIFA COMPENSATION, EXPENSES AND BENEFITS REGULATIONS FOR SENIOR OFFICIALS (MARCH 2017), FIFA COVERS THE EMPLOYER'S AND EMPLOYEE'S SOCIAL CONTRIBUTIONS, WHEREAS WITHOLDING TAXES ARE BEING DEDUCTED FROM THE SALARY OF THE COUNCIL MEMBER, AND PAID DIRECTLY BY FIFA TO THE TAX AUTHORITIES. FIFA DOES NOT COVER SOCIAL SECURITY CONTRIBUTIONS OR TAXES THAT MAY ALSO BE DUE IN THE COUNCIL MEMBERS' COUNTRY OF RESIDENCE. LONG-SERVING COUNCIL MEMBERS, WHICH ARE NOT FALLING UNDER THE FIFA COMPENSATION, EXPENSES AND BENEFITS REGULATIONS FOR SENIOR OFFICIALS (CEB), ARE ALSO ENTITLED TO RECEIVE ANNUAL PENSION PAYMENTS. FIFA BELIEVES THAT IT PAYS NO COMPENSATION IN RESPECT OF WHICH FORM W-2 OR 1099'S ARE REQUIRED TO BE ISSUED. COUNCIL MEMBER MAY NOT RECEIVE THE FULL USD 393,000 RESP. USD 325,000 IN 2024 DUE TO PRO-RATA CALCULATION, WHERE MEMBERS ONLY SERVE A PORTION OF THE YEAR AS AN ELECTED MEMBER. THE FIFA PRESIDENT - AS THE FIFA PRESIDENT AND AS A CHAIRMAN OF THE FIFA COUNCIL, HE RECEIVES A FIXED COMPENSATION AS WELL AS A VARIABLE COMPENSATION AND EMPLOYER CONTRIBUTIONS TO SOCIAL SECURITY. THE VARIABLE COMPENSATION IS PAID AS SHORT-TERM AND LONG-TERM VARIABLE COMPENSATION COMPONENTS, PLUS EMPLOYER CONTRIBUTIONS TO SOCIAL SECURITY. COMPENSATION OF COMMITTEE MEMBERS - UNDER THE NEW ADMINSITRATION, FIFA IS COMMITTED TO TRANSPARENCY. WHILE THE CURRENT EDITION OF THE FIFA GOVERNANCE REGULATIONS (ISSUED IN 2016) REQUIRES THE DISCLOSURE OF THE INDIVIDUAL ANNUAL COMPENSATION OF CERTAIN KEY FIGURES IN THE ORGANIZATION, FIFA IS DETERMINED TO GO FURTHER IN ENCOURAGING A CULTURE OF OPENNESS. FIFA BELIEVES THAT IT PAYS NO COMPENSATION IN RESPECT OF WHICH FORM W-2 OR 1099 IS REQUIRED TO BE ISSUED. COUNCIL MEMBERS MAY NOT RECEIVE THE FULL USD 393,000 RESP. UDS 325,000 IN 2024 DUE TO PRO-RATA CALCULATION, WHERE MEMBERS ONLY SERVE A PORTION OF THE YEAR AS AN ELECTED MEMBER. FORM 990, PART VIII, LINES 2 AND 11D ADDITIONAL DETAIL ABOUT THE "OTHER PROGRAM SERVICE REVENUE AND THE "OTHER REVENUE" MAY BE FOUND IN THE FINANCIAL STATEMENTS. FORM 990, PART VIII, IX AND XI THE STATEMENTS OF REVENUE, FUNCTIONAL EXPENSES AND BALANCE SHEET ARE BASED UPON FIFA'S FINANCIAL STATEMENTS WHICH ARE PREPARED ON A CONSOLIDATED BASIS. ALMOST ALL OF THE REVENUES, EXPENSES AND ASSETS SHOWN ON THE FINANCIAL STATEMENTS ARE FIFA'S. FORM 990, PART VIII, LINE 2 SEE RESPONSE TO PART 1, LINE 7. ADDITIONAL INFORMATION ABOUT "OTHER PROGRAM SERVICE REVENUES" IS INCLUDED IN THE FINANCIAL STATEMENTS. FORM 990, PART X, LINE 22 PENSION RESERVE THE PROVISIONS COVER THE FUTURE COSTS OF THE PENSION PLAN FOR MEMBERS OF THE FIFA COUNCIL. AN ANNUAL PENSION PAYMENT WILL BE MADE TO ALL LONG-SERVING FIFA COUNCIL MEMBERS NOT FALLING UNDER THE FIFA COMPENSATION, EXPENSES AND BENEFITS REGULATIONS FOR SENIOR OFFICIALS (CEB), WHICH ENTERED INTO FORCE ON MARCH 31, 2017, UNDER WHICH THE COMPENSATION IS LIMITED TO A MAXIMUM OF THE NUMBER OF YEARS THAT THE MEMBER HAS SERVED ON THE COUNCIL. FAMILY MEMBERS OR RELATIVES OF THE COUNCIL MEMBER ARE NOT ENTITLED TO RECEIVE ANY PAYMENTS. THE RETIREMENT PAYMENTS START IN THE FINANCIAL YEAR FOLLOWING RETIREMENT. THE FINANCIAL STATEMENT GIVES GREATER DETAIL. IN PARTICULAR, PLEASE SEE THE CONSOLIDATED STATEMENT OF CHANGES IN RESERVES IN THE FINANCIAL REPORT. FORM 990, PART XII, LINE 1 FIFA'S FINANCIAL STATEMENTS ARE ESTABLISHED IN ACCORDANCE WITH INTERNATIONAL FINANCIAL REPORTING STANDARDS (IFRS). THE FIFA FINANCIAL REPORT 2024 INCLUDES ADDITIONAL INFORMATION WHICH SHALL GIVE MORE BACKGROUND TO THE DECLARATION MADE BY FIFA IN THIS FORM 990. FIFA'S ROYALTY INCOME IS MAINLY DERIVED FROM THE FIFA WORLD CUP, BUT USUALLY THE RESPECTIVE AGREEMENTS ALSO COVER ADDITIONAL EVENTS. THE SHARE OF THE INCOME TO BE ALLOCATED TO THE ADDITIONAL EVENTS IS NOT EXACTLY DETERMINED BUT IS A SMALL ONE ONLY. FIFA'S COMPENSATION POLICY IS DETERMINED BY THE RESPONSIBLE FIFA BODY AND IS BASED ON THE COMPENSATION LEVEL TO BE PAID ON THE SWISS AND INTERNATIONAL LABOUR MARKET FOR EXPERIENCED MANAGEMENT STAFF. MOST OF FIFA'S GOVERNING DOCUMENTS AND FIFA'S FINANCIAL STATEMENTS ARE AVAILABLE ON ITS WEBSITE WWW.FIFA.COM. ALL COMPENSATION EARNED BY OFFICERS, DIRECTORS AND SIGNIFICANT EMPLOYEES OF FIFA WAS EARNED OUTSIDE OF THE UNITED STATES AND IS REVIEWED BY A RESPONSIBLE FIFA BODY (SEE BELOW). FIFA HAS NO OFFICE, FIXED PLACE OF BUSINESS OR OTHER PERMANENT ESTABLISHED IN THE UNITED STATES. THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. FORM 990, PART XI, LINE 9 THE OTHER COMPREHENSIVE INCOME - TUSD 4,823,777 FIFA MUSEUM AG MUSEUM SZ FIFA C 1.00000 1 FIFA TICKETING AG TICKETING SALES SZ FIFA C 1.00000 1 FIFA DEVELOPMENT ZURICH AG SERVICE COMPANY SZ FIFA C 1.00000 1 FIFA FOUNDATION FOUNDTION SZ FIFA C 1.00000 1 2018 FIFA WORLD CUP TICKETING LLC TICKETING SALES RS FIFA TICKETING AG C 1.00000 1 FIFA WORLD CUP QATAR 2022 LLC SERVICE COMPANY QA FIFA C 0.51000 1 FIFA TICKETING LLC TICKETING SALES QA FIFA C 1.00000 1 FWWC 2023 PTY LTD SERVICE COMPANY AS FIFA C 1.00000 1 FWC 2026 US INC SERVICE COMPANY DC FIFA C 1.00000 1 FWC 2026 CANADA FOOTBALL LTD SERVICE COMPANY CA FIFA C 1.00000 1 FWC 2026 MEXICO S DE RL DE CV SERVICE COMPANY MX FIFA T 1.00000 1 FIFA CLEARING HOUSE SAS SERVICE COMPANY FR FIFA C 1.00000 1 FIFA (SG) LTD SERVICE COMPANY 100 SN FIFA C 1.00000 1 FIFA (AMERICA) INC SERVICE COMPANY 100 FL FIFA C 1.00000 1 FIFA WORLD CUP BRAZIL ASSESSORIA LTDA SERVICE COMPANY BR FIFA C 1.00000 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 FIFA SUBSIDIARIES A