Audit committee - mandate and terms of reference

The Audit Committee supports the Board in fulfilling its oversight responsibilities regarding the integrity of the Company’s accounting and financial reporting, internal controls and disclosure controls, legal and regulatory compliance, ethics policy and reporting and timeliness of filings with regulatory authorities, the independence and performance of the Company’s external and internal auditors, the management of the Company’s risks, creditworthiness, treasury plans and financial policy, and the Company’s whistleblower and complaint procedures.

Download the full mandate and report of the audit committee (82 KB, PDF) from the 2008 Information Circular to read more about membership, meetings and highlights of the Audit Committee's activities.

For further detail, refer to the terms of reference for the audit committee from the Board Policy Manual.

Human resources and compensation committee - mandate and terms of reference

The Human Resources and Compensation Committee of the Board of Directors is responsible for developing the compensation philosophy and guidelines on executive compensation, overseeing succession planning for the executive team, determining CEO goals and objectives relative to compensation and evaluating CEO performance, reviewing and recommending CEO compensation based on its evaluation, and determining compensation for executives other than the CEO. The Committee annually reviews and reports to the Board on senior management organizational structure, and manages the Board-approved equity-based incentive plans and supplemental retirement arrangements (other than registered pension plans) for the executive team.

Download the full mandate and report of the human resources and compensation committee (191 KB, PDF) from the 2009 Information Circular to read more about membership, meetings, highlights of the Compensation Committee's activities, and the Committee's report on executive compensation.

For further detail, refer to the terms of reference for the human resources and compensation committee from the Board Policy Manual.

Corporate governance committee - mandate and terms of reference

The mandate of the Corporate Governance Committee is to assist the Board in fulfilling its oversight responsibilities to ensure that the Company has an effective corporate governance regime. The Corporate Governance Committee is responsible for monitoring governance developments, best practices for corporate governance and the effectiveness of the Company's governance practices. The Committee is also responsible for identifying, recruiting, appointing directors and providing ongoing development for directors and overseeing Board and director evaluations. The Corporate Governance Committee also assesses and makes recommendations to the Board for its determination of the "independence", "financial literacy", "financial expertise" and "accounting or related financial management expertise" of directors as defined under corporate governance rules and guidelines.

Download the full mandate and report of the corporate governance committee (49 KB, PDF) from the the 2009 Information Circular to read more about membership, meetings, and highlights of the Corporate Governance Committee's activities.

For further detail, refer to the terms of reference for the corporate governance committee from the Board Policy Manual.

Pension committee - mandate and terms of reference

The mandate of the Pension Committee is to oversee the administration, financial reporting and investment activities of the Pension Plan for Management and Professional Employees of TELUS Corporation, the TELUS Defined Contribution Pension Plan, the TELUS Edmonton Pension Plan, the TELUS Corporation Pension Plan, the TELUS Québec Defined Benefit Pension Plan, any successor plans, any related supplemental retirement arrangements as mandated by the Board, and the related trust funds (the Pension Plans). The powers and duties delegated to the Committee in its mandate are subject to exceptions and limitations in certain instances where the Pension Plan documents provide that certain powers and duties are assigned to various parties other than the Board or the Company. The Committee is responsible for reporting to the Board with respect to the actuarial soundness of the Pension Plans, the administrative aspects of the Pension Plans, investment policy, performance of the investment portfolios and compliance with government legislation. The Committee may, from time to time, recommend to the Board for approval, fundamental changes in the nature of the pension arrangement for any Pension Plan, and changes in the governance structure for the Pension Plans.

Download the full mandate and report of the pension committee (42 KB, PDF) from the 2009 Information Circular to read more about membership, meetings, and highlights of the Pension Committee's activities.

For further detail, refer to the terms of reference for the pension committee from the Board Policy Manual.

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