The accompanying consolidated financial statements of Rogers Sugar Inc. and all the information in this annual report  pertaining to the Corporation are the responsibility of the Administrator and have been approved by the Board of Directors. The consolidated financial statements have been prepared by the Administrator in accordance with International Financial  Reporting Standards by applying the detailed accounting policies set out in the notes to the consolidated financial statements.  The Administrator is of the opinion that the consolidated financial statements were prepared based on reasonable and  material criteria and using justifiable and reasonable estimates. The Administrator has prepared the financial information  presented elsewhere in the annual report and has ensured that it is consistent with the consolidated financial statements of  the Corporation. The Administrator maintains systems of internal accounting and administrative controls of high quality, consistent with  reasonable cost. Such systems are designed to provide reasonable assurance that the financial information is relevant, reliable  and accurate and that the Corporation’s assets are appropriately accounted for and adequately safeguarded. The Board of Directors is responsible for ensuring that the Administrator fulfills its responsibilities for financial reporting  and is ultimately responsible for reviewing and approving the consolidated financial statements of the Corporation. The  Board carries out this responsibility through its Audit Committee. The Audit Committee is appointed by the Board and all of its members are outside and unrelated directors.The committee  meets with the Administrator, as well as external auditors, to discuss internal controls over the financial reporting process,  auditing matters and financial reporting issues, to satisfy itself that each party is properly discharging its responsibilities and to review the annual report, the financial statements and the external auditors’ report. The committee reports its findings to the Board for consideration when approving the consolidated financial statements for issuance to the Shareholders.  The committee also considers, for review by the Board and approval by the Shareholders, the engagement or re-appointment  of the external auditors. The consolidated financial statements of the Corporation have been audited by KPMG  llp , the external auditors, in  accordance with Canadian generally accepted auditing standards on behalf of the Shareholders. KPMG  llp  has full and free  access to the Audit Committee. RESPONSIBILITY FOR FINANCIAL REPORTING November 14, 2013 37 Annual Report 2013 Manon Lacroix, Vice-President Finance and Secretary Lantic Inc., Administrator Edward Makin, President and Chief Executive Officer  Lantic Inc., Administrator 