Blackberry 2012 Annual Report Download - page 4

The Registrant is not a party to any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect
on its financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or
capital resources that is material to investors.
Tabular disclosure of the Registrant’s contractual obligations can be found in its Management’s Discussion and Analysis of Financial
Condition and Results of Operations for the fiscal year ended March 3, 2012, included in Exhibit No. 1.3 to this Annual Report, under
the heading “Financial Condition — Aggregate Contractual Obligations”.
The Registrant has an Audit and Risk Management Committee comprised of four individuals: David Kerr (Chair), Barbara Stymiest,
John Richardson and Claudia Kotchka. Each of the members of the Audit and Risk Management Committee is independent as that
term is defined by the rules and regulations of the Nasdaq Stock Market, Inc. (“Nasdaq”).
A discussion of the Registrant’s critical accounting policies can be found in its Management’s Discussion and Analysis of Financial
Condition and Results of Operations for the fiscal year ended March 3, 2012, included in Exhibit No. 1.3 to this Annual Report, under
the heading “Critical Accounting Policies and Estimates”.
On November 5, 2002, the Registrant requested an exemption from Nasdaq’s quorum requirements (which provide that a quorum for
a shareholder meeting of a Nasdaq-listed company must be at least 33-1/3% of the outstanding common shares of the company) on
the basis that such requirements were contrary to generally accepted business practices in Canada. The Registrant’s by-laws provide
that the quorum requirements for the transaction of business at any meeting of shareholders shall be two persons present in person,
each being a shareholder entitled to vote thereat or a duly appointed proxyholder or representative for a shareholder so entitled,
holding or representing not less than 20% of the issued shares of the Registrant, of the class or classes respectively (if there is more
than one class of shares outstanding at the time), enjoying voting rights at such meeting. The Registrant’s quorum requirements
comply with the requirements of the Business Corporations Act (Ontario) and are consistent with the quorum requirements of other
Canadian public companies. On November 25, 2002, based on the Registrant’s representations, Nasdaq granted the requested
exemption.
The Re
g
istrant has submitted to the Commission, included in Exhibit 101 to this Annual Re
p
ort, an Interactive Data File.
I. Of
f
-Balance Sheet Arrangements
J. Tabular Disclosure of Contractual Obligations
K. Identification of Audit Committee
L. Critical Accounting Policies
M. Nasdaq Exemptions
N. Interactive Data File