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TERN FINANCIAL GROUP PLEDGES SUPPORT TO STUDENTS ON ICE

Backs Students and Scientists Aboard Arctic Tern I


Montreal, CANADA (January 14, 2014) - TERN Financial Group Inc. today announced a multi-year commitment to support Students on Ice (SOI), an award-winning organization offering international youth experiential educational expeditions to study environmental issues and climate change in the Arctic and Antarctic.

TERN Financial Group In. has pledged to offset travel expenses for deserving youth from communities facing uniquely challenging socio-economic circumstances participating on the Students on Ice expeditions, as well as for researchers and scientists aboard Arctic TERN I.

Students on Ice provides students, educators and scientists from around the world with inspiring educational opportunities and, in doing so, helps them to foster a new understanding and respect for the planet. It is the only organization in the world that offers an opportunity for students to be immersed in 'hands on' research activities and lectures, taught by polar experts, educators, and researchers. Since 2000, SOI has successfully conducted at least two youth polar expeditions per year.

“TERN Financial is proud to support Students on Ice,” said Paul Coleman, TERN Financial president and CEO. “The organization’s active stewardship of the environment, advancement of science, and development and education of youth are well aligned with our corporate values. Geoff Green and his team are making a positive impact on several important fronts and we look forward to a rewarding and enduring partnership.”

The ship-based expeditions employ modern ice-class vessels as the educational platform and expedition home. The Arctic Tern I was acquired by the Students on Ice Foundation in 2009 for its unique ability to access coastal areas that are hazardous to the navigation of traditional Arctic expedition craft. The vessel is a safe, environmentally friendly, cost effective, and versatile polar class sailing vessel that provides an unparalleled platform for Arctic education, science, film and media. Between 2013 and 2018, Arctic Tern I will
be on expedition in the eastern Canadian Arctic.