ANNUAL MEMBER MEETING

** New Location **

Northern Lights Ballroom

10376 112th Avenue

Milaca MN 56353

• Board Elections
• Business Review
• Members vote on updates to our Articles of Incorporation and By-Laws:
  • Replace obsolete language
  • Allow for creation of committees by the Board, including a nominating committee for Board elections
  • Other changes to modernize and adapt the Articles and By-Laws to our current operations and practices

Full text and summaries of our proposed amended and restated Articles of Incorporation and By-Laws may be found online at www.federatedcoops.com. Click "News", click "Annual Meeting." Paper copies may be requested by calling 800-638-8228.

Dinner at 6:30 pm meeting to Follow

1-800-638-8228

BY-LAWS of Federated Co-ops Inc.

Memorandum