The Walter and Janet Reid Charitable Trust

Constitutional objectives

5. Trust Purposes We direct and appoint that the Initial Gift now made over to the Trustees by us and the Trust Fund shall be held and applied by the Trustees for the following purposes: 5.1 Expenses etc 5.1.1 For payment of the expenses of the creation and administration of the Trust created by this deed, and of any Government duties or taxes or other duties or taxes which may be exigible from the Trust Fund in the United Kingdom or elsewhere. The R3800.7 1013179652 1 AIG Trustees shall have an absolute discretion to decide which expenses of administration shall be charged against income and which expenses of administration shall be charged against capital. 5.1.2 For the purchase of Trustee Indemnity Insurance and to pay the premiums thereon. 5.2 Application of the Trust Fund 5.2.1 For payment or application of the income of the Trust Fund or such part of it as the Trustees shall from time to time in their sole discretion decide and for payment or application of the capital of the Trust Fund or such part of it as the Trustees shall from time to time in their sole discretion decide (all whether in the United Kingdom or elsewhere in the world) to or for the following charitable purposes: (i) the prevention or relief of poverty. (ii) the advancement of education. (iii) the advancement of religion. (iv) the advancement of health. (v) the saving of lives. (vi) the advancement of citizenship or community development. (vii) the advancement of the arts, heritage, culture or science. (viii) The advancement of public participation in sport. (ix) the provision of recreational facilities, or the organisation of recreational activities. (x) the advancement of human rights, conflict resolution or reconciliation. (xi) the promotion of religious or racial harmony. (xii) the promotion of equality and diversity. (xiii) the advancement of environmental protection or improvement. (xiv) the relief of those in need by reason of age, ill-health, disability, financial hardship or other disadvantage. or (xv) the advancement of animal welfare in such manner and in such shares and proportions and at such times as the Trustees shall in their sole discretion from time to time decide.