Mechanisms to Provide Recommendations to the Board

The board has established procedures to enable shareholders or other interested parties to communicate with it, in writing or by e-mail. Matters relating to accounting, internal accounting controls or auditing will be referred to the audit committee. Other matters will be referred to the Chair. The board also has established procedures for confidential, anonymous submission of concerns by employees and other stakeholders about business conduct, including questionable accounting or auditing matters. It has published a procedure for shareholders to suggest nominees for election to the board.

Sustainability Issues Raised by Shareholders and Employees

PotashCorp along with sixty other companies received a study by the Ontario Teachers' Pension Plan which suggested that there is often a disconnect between corporate performance and executive compensation. The Chair of PotashCorp's compensation committee responded with a detailed explanation of how the company links pay to performance.

The board also responded to an extensive set of inquiries from the University of Toronto's Rotman School of Management regarding aspects of compensation practices.