BOARD TERMS OF REFERENCE

Certain specific responsibilities have been delegated to Board Committees by the BLME Holdings Board.

BLME Holdings Board and Committee Terms of Reference

Certain specific responsibilities have been delegated to Board Committees by the BLME Holdings Board. The Board Committees operate within clearly defined terms of reference. Each Committee Chairman reports to the Board at the Board Meetings.

Details of the frequency of these Board and Committee meetings is provided in the terms of reference provided below.