MeMbeRs: James Houck (Chair), Fred Dyment, and Michael Kanovsky. The Reserves Committee assists the Board in meeting their responsibilities to review the qualifications,  experience, reserve evaluation approach and costs of the independent engineering firm that performs  ARC’s reserve evaluation and to review the annual independent engineering report. The committee reviews  and recommends for approval by the Board on an annual basis the statements of reserve data and other  information specified in national Instrument 51-101.  There were five meetings of the committee in 2010. RESERvES COMMITTEE risK coMMittee policy And BoArd goVernAnce coMMittee HeAltH, sAfety And enVironMentAl coMMittee MeMbeRs:  Herb Pinder (Chair), Kathleen O’neill and Mac van Wielingen. The Human Resources and Compensation Committee assists the Board in fulfilling its oversight  responsibilities with respect to overall human resource policies and procedures; the compensation  program for ARC; and in consultation with the Board, undertakes an annual performance review with  the CEO, and reviews and approves the CEO’s appraisal of the other executive officers’ performance.  The committee also reviews and recommends for approval to the Board the principal compensation plans  of ARC, such as the long-term incentive program and any awards under such plans. There were nine meetings of the committee in 2010. HUMAn RESOURCES AnD COMPEnSATIOn COMMITTEE MeMbeRs:  Hal Kvisle (Chair), James Houck and Herb Pinder The Health, Safety and Environmental Committee assists the Board in its responsibility for oversight and  due diligence by reviewing, reporting and making recommendations to the Board on the development and  implementation of the policies, standards and policies of ARC with respect to the areas of health, safety  and environment.  There were four meetings of the committee in 2010. MeMbeRs:  Walter DeBoni (Chair), Herb Pinder, Michael Kanovsky and Mac van Wielingen. The Policy and Board governance Committee assists the Board in fulfilling its oversight responsibilities  with respect to reviewing the effectiveness of the Board and its Committees; developing and reviewing  ARC’s approach to board governance matters;and reviewing, developing and recommending to the Board  for approval procedures designed to ensure tha t the Board can function independently of management.  The committee reviews the need to recruit and recommend new members to fill Board vacancies based  on a variety of criteria, and recommends to the Board the nominees for election at each annual meeting.  The effectiveness of individual board members and the Board is reviewed through a yearly self assessment  and inquiry questionnaire.  There were five meetings of the committee in 2010. MeMbeRs:  Michael Kanovsky (chair), Walter DeBoni, Fred Dyment and Mac van Wielingen. The Risk Committee was formed in early 2008 to assist the Board in fulfilling its oversight responsibilities  with respect to identifying and reviewing the principal business, financial and other risks of the  corporation. Included in the mandate is the review of guidelines, policies and reports from Management  with respect to risk assessment, risk management and risk mitigation.  There were six meetings of the committee in 2010. ARC ResouRCes 10 33 AnnuAl  report