2013 Annual General Meeting Minutes th 26 April 2013.

Apologies: Niall Farrell 1) Acting Chairs Report Lee Daly Lee summarized the business plan of the trust. He went on to explain the help the trust had gotten in its founding from both Supporters Direct Europe, and from the Friends Of the Rebel Army Society (FORAS) and the work the Trust continue to do with them in regards of awareness of Supporters Trusts. It was noted as well that the 1895 Trust had gotten some recognition across Europe since its inception. Lee went on to state the goals of the trust, which included work in the local community; securing a long-term home for Shelbourne FC; and the long-term goal of mutual fan ownership of the club. Lee mentioned the strengths of the Trust (which are listed in the Business Plan), which included transparency of the organization in the whole, and the values of co-operation and the ethos of a supporters trust. Lee reiterated a few weaknesses within the Trust from the business plan: Mainly that because the membership fee was set to encourage as many people to join to ensure democracy, it meant that other sources of financing had to be considered (eg fundraising). It was also noted that a cooperative company cannot borrow in the same way a limited company can. Question: What counts as a majority at general meetings of the Trust? Lee Daly: Once the membership has been given 14 days notice of the meeting and the meeting has reached quorum, then a simple majority (ie more then half) of the members in attendance. 2) Acting Treasurers Report Olivia Smyth Membership is the main source of funding so far for the trust. A few hundred Euro has been raised via the fundraisers held to date. Most of the costs at the start were one-off costs that wont have to be paid again, such as the payment to the Irish Co-operative Organisation Society (ICOS); the Companies Registration Office (CRO); My Club Finances; and the registration of the website. Ongoing online costs include the payment of My Club Finances to run the membership section of the website. The rest are minimal, and expenses would get less as year goes on. Olivia also mentioned an Audit fee; as the Trust would have to be independently audited it would need to hire Auditors. Question: Will ICOS fee be annual? Olivia: No. Although there is a small filing fee per annum.

Question: When will the financial year end be for the trust? Olivia: Although trust was registered on the 5th of March our year end has to be between 1st of November 31st of January. Olivia suggested early November as it coincides with the end of the season, but would have to be decided by a trust meeting after the Auditors had been appointed. 3) Acting Secretarys Report Shane Folan 119 members total. Of those, 9 are honourary or Junior members (ie they dont have a vote at this AGM here). 37 people signed up online, which has raised 50% of our revenue to date. Of the 59 members that have signed up manually, 35 signed up on the launch night. Of these 59 people 14 have not yet paid but have pledged money to the trust (total of 96 paid up). In terms of our projections we hope to have 200 members by the end of 2013. From then on we project that an additional 50 people will join the next year, and the year after that. The average membership donation is 38.82, which is over twice the amount of the minimum donation. By the end of the year we aim to have 200 members, with an increase of 50 each year. We also would aim to increase the average membership amount by 5%. Lee Daly moved to adopt the business plan. Seconder David Walshe. Motion passed unanimously. 4) Appointment of Auditors As Olivia mentioned earlier Auditors would need to be appointed. She and Ken Buckmaster had gotten three quotes, the cheapest of which being 1,000 + VAT, the other two being 1,500 + VAT. As a result Olivia suggested the trust appoint CGC Associates as the Auditors of the Trust. Olivia Smyth moved to appoint CGC Associates as Auditors of the 1895 Trust. Seconder David Walshe. Motion passed unanimously. 5) Elections As there were 7 nominees for 7 positions, each person nominated and seconded were deemed elected. These were: Ken Buckmaster (Seconded by Lee Daly); Will Clarke (Seconded by Lee Daly); Lee Daly (Seconded by Conor McManus); Niall Farrell (Seconded by Martin Grehan); Martin Grehan (Seconded by Barry Worthington); Donnchadh Mac Aogin (Seconded by Anthony McCluskey); and Olivia Smyth (Seconded by Conor McManus). The committee will then divide up jobs between during their first meeting. 6) Any Other Business 6.1) Survey Martin Grehan gave an overview of the progress made on the survey proposed at the very first meeting of the Trust. The idea behind it was to get an accurate idea of where the clubs fans are from, how and why they come to matches and how can we best cater for those needs. As it is being run in conjunction with the club, Joe Casey is currently reviewing it and then it can be launched. Question: Will there be paper based surveys? Martin: Yes there will, both at our stand at the Drumcondra End of Tolka Park during matchdays,

but copies would be actively passed out throughout the rest of the ground. Question: Can non-Shels supporters fill out the survey? Martin: They would be able to fill out some of the survey, particularly the questions in relation to the match-day experience in Tolka Park, but they wouldnt be able to fill it all out. 6.2) Question and Answer Session Question: How often does the Trust meet with the Club board of management and how are relationships there? Lee Daly: 4 members of the acting committee attended a board meeting near the start of the foundation of the trust, and the Trust continually communicate with individual members of the board. The board have expressed support for the establishment of the Trust and its work. Question: Theres a figure in the business plan in Expenditure labeled Sponsorship. Could the Committee clarify that? Olivia Smyth: That is a figure the Trust would hope to sponsor a player or something in the match day with, to generate awareness of the Trust, but also to aid the club in some small way. Question: Will there be a Trust online forum? Lee Daly: There are no plans as of now, but there is a possibility of a forum in the future. 6.3) Thanks Lee thanked the members of the acting committee who wouldnt be carrying on to the new committee. Thanks to Leo Levin for printing off all of the material at the meeting for free. Meeting Adjourned.