Board Outline

LIQUOR GROUP WHOLESALE, INC.

Board of Directors Operational Guideline:

The following guideline applies to both existing and potential members of the Board of Directors of Liquor Group Wholesale (LGW). The Board shall be elected by a majority vote of shareholders unless otherwise specified and approved by the majority shareholders in the Corporate Governance documents. The Board shall, at all times, strive to meet or exceed the Code of Business Ethics adopted by LGW. All corporate actions of the Directors and Officers of LGW will be covered under a Directors and Officers Liability Policy paid for by LGW. Board and Committee policies and operational plans of each committee shall be documented in the Corporate Governance Articles and made available online at www.LiquorGroup.com

Corporate Governance:

LGW will divide the Board of Directors into several committees to facilitate effective corporate governance of the company. The members of these committees are commonly referred to as “Class A Directors”, or “Working Board members”. These members shall be compensated financially and through various stock programs as determined by the Compensation Committee. The work efforts of these members shall be divided into committees, which shall include:

Audit Committee
Compensation Committee
Nominating / Governance Committee

Board of Advisors:

LGW shall also maintain a Board of Advisors, chosen by the Board of Directors, which will provide advice and guidance to the Board of Directors through specific question and answer outlines provided on an as needed basis, generally no more than quarter annually. This Board shall be compensated solely though the issuance of Stock or Stock programs. The Board of Advisors is to be briefed by the Board of Directors as to the general scope and nature of the company’s ongoing operations during the Advisory meetings, and should provide insight as to the nature and complexity of the challenges faced by the company so that the Advisory Board may weigh in with their opinions. The Board of Directors may, at their sole discretion, utilize the recommendations of the Board of Advisors, therefore the Board of Advisors is not liable for any actions taken under the guidance, advice, opinions or data provided by it to the Board of Directors except that which is required by law or statute.