## FINANCIAL SECTION XIV - PRIZE MONEY FORMULA 

of the Mediator shall be kept strictly confidential, and shall not be disclosed to or considered by any arbitrator appointed pursuant to Section XIX.B. 

## 7. Reporting System 

a. On an annual basis, each Tournament shall prepare and submit to the Independent Accountant and PMF Committee a complete report of its actual PSI and other financial results for such event (including all business and operations related to the event conducted by any Tournament Affiliate), in the form prescribed from time-to-time by the PMF Committee (a “Final Report”) no later than 120 days after the conclusion of the Tournament; provided, however, that a Tournament may apply to the PMF Committee for a reasonable extension of the deadline to file its Final Report in extraordinary circumstances (e.g., force majeure, significant data loss or system failure, etc.), which the PMF Committee may approve or reject in its sole discretion. A Tournament that fails to submit its Final Report within 120 days after its conclusion is subject to a fine in accordance with Section XIV.B.10. 

b. Unless otherwise determined by the PMF Committee, all Final Reports and Supplemental Information (as defined below) shall be prepared in accordance with IFRS (or, with respect to any Tournament held in the United States, US GAAP), this Section XIV, and the instructions to the Final Reports and Supplemental Information (collectively, including IFRS or US GAAP (as applicable) and this Section XIV, the “Reporting Requirements”). To the extent of any conflict or inconsistency between IFRS or US GAAP and the terms of this Section XIV or any instructions to the Final Reports or Supplemental Information, the terms of this Section XIV or such instructions shall control. 

c. All Final Reports shall be certified by the principal owner of the Tournament and the Tournament’s tournament director as fairly presenting, in all material respects, the results of operations of the Tournament (including all business and operations conducted by any Tournament Affiliate), in accordance with the Reporting Requirements. If at any time the principal owner, tournament director, or any accounting or financial employee, contractor, or agent of a Tournament learns of an error in a Final Report or any other document or information submitted to the PMF Committee, the Tournament must disclose the error to the PMF Committee and the Independent Accountant. For clarity, each principal owner and tournament director must advise its accounting and financial employees, contractors, and agents of their obligations to disclose such errors, and each Tournament is solely responsible for the contents of its Final Report and any other documents or information it submits to the PMF Committee. 

