Item - 2020.TA5.10

The Board of Directors of the Toronto Atmospheric Fund:

1.  Directed that the confidential information contained in Confidential Attachments 1, 2, 3, and 4 to the report (January 31, 2020) from the Vice President, Impact Investing remain confidential in their entirety, as they contain commercial and financial information, supplied in confidence to The Atmospheric Fund, which, if disclosed, could reasonably be expected to prejudice significantly the competitive position or interfere significantly with the contractual or other negotiations of a person, group of persons, or organization.

The Board of Directors of the Toronto Atmospheric Fund recessed its public meeting to meet in closed session to consider the item as it contains commercial and financial information, supplied in confidence to the Toronto Atmospheric Fund, which, if disclosed, could reasonably be expected to prejudice significantly the competitive position or interfere significantly with the contractual or other negotiations of a person, group of persons, or organization.

This report provides an update on the status of four (4) investments approved by the Toronto Atmospheric Fund Board of Directors.