ALFRED I DUPONT CHARITABLE TRUST

THE CHARITABLE TRUST WAS ORIGINALLY CREATED UPON THE DEATH OF ALFRED I. DUPONT IN 1935 AS A TESTAMENTARY TRUST, PRIMARILY TO ADVANCE HIS CHARITABLE OBJECTIVES TO PROVIDE MEDICAL SERVICES TO CHILDREN, AND TO CARE FOR THE ELDERLY. IN A CODICIL TO HIS WILL, MR. DUPONT STATED, " ... IT HAS BEEN MY FIRM CONVICTION THROUGHOUT LIFE THAT IT IS THE DUTY OF EVERYONE IN THIS WORLD TO DO WHAT IS WITHIN HIS POWER TO ALLEVIATE HUMAN SUFFERING ... " TRUE TO THIS CREDO, MR. DUPONT'S WILL DIRECTED HIS TRUSTEES TO CREATE THE NEMOURS FOUNDATION AS A NON-PROFIT, CHARITABLE CORPORATION UNDER THE LAWS OF FLORIDA. THE NEMOURS FOUNDATION IS THE PRINCIPAL BENEFICIARY OF THE CHARITABLE TRUST, WHICH QUALIFIES AS A TYPE II SUPPORTING ORGANIZATION, AS DEFINED IN IRC CODE SECTION 509(A)(3)(B)(II), BASED ON THE COMMON CONTROL OF THE CHARITABLE TRUST AND THE NEMOURS FOUNDATION BY THE INDIVIDUALS WHO SERVE AS TRUSTEES OF THE CHARITABLE TRUST. THE TRUSTEES OF THE CHARITABLE TRUST, AS MEMBERS OF THE NEMOURS FOUNDATION, EVALUATE THE PERFORMANCE OF NEMOURS AND THE EFFECTIVENESS OF THE NEMOURS BOARD OF DIRECTORS IN MANAGING THE AFFAIRS OF THE FOUNDATION, BOTH COLLECTIVELY AND INDIVIDUALLY. THE FACILITIES OWNED OR MANAGED BY THE NEMOURS FOUNDATION INCLUDE THE NEMOURS CHILDREN'S HOSPITAL, DELAWARE, A FULL-SERVICE RESEARCH AND EDUCATIONAL HOSPITAL LOCATED IN WILMINGTON, DELAWARE; THE NEMOURS HEALTH CLINIC, AN OUTPATIENT CENTER FOR THE ELDERLY IN DELAWARE; AND THE NEMOURS CHILDREN'S CLINIC, CONSISTING OF OUTPATIENT, PEDIATRIC SUBSPECIALTY CENTERS LOCATED IN DELAWARE AND FLORIDA. THE NEMOURS CHILDREN'S HOSPITAL, DELAWARE, IS RECOGNIZED AS A LEADER IN FIVE PEDIATRIC SPECIALTY AREAS BY US. NEWS & WORLD REPORT. IT INCLUDES A 260-BED TEACHING HOSPITAL INTEGRATED WITH NEMOURS CHILDREN'S CLINIC, WHICH PROVIDES CARE SPECIALIZED IN PEDIATRIC MEDICINE, SURGERY AND DENTISTRY. IN ADDITION TO OPERATING THESE FACILITIES, AND OTHER MEDICAL RESEARCH AND EDUCATIONAL PROGRAMS IN DELAWARE AND FLORIDA, THE NEMOURS CHILDREN'S HOSPITAL, FLORIDA, LOCATED IN ORLANDO, FLORIDA WAS OPENED IN 2012. THIS FACILITY IS ANCHORED BY A STATE-OF-THE-ART 130-BED CHILDREN'S HOSPITAL, AND INCLUDES A NEW NEMOURS CHILDREN'S HEALTH CLINIC LOCATION, AN AMBULATORY DIAGNOSTIC CENTER, AND AN EXTENSIVE RESEARCH AND EDUCATIONAL PROGRAM. THE FACILITY IS CLOSE TO THE UNIVERSITY OF CENTRAL FLORIDA COLLEGE OF MEDICINE AND THE ORLANDO VETERANS AFFAIRS MEDICAL CENTER. THIS FACILITY BRINGS COMPREHENSIVE CHILDREN'S HEALTH CARE AND RESEARCH CAPABILITIES TO THE EMERGING HEALTH AND SCIENCE SECTOR OF CENTRAL FLORIDA.