GIRLS WHO INVEST, INC.

Whistleblower Policy

General

Girls Who Invest, Inc. (the “Organization” or “GWI”) requires its directors, officers, employees and volunteers to observe high standards of business and personal ethics, as such personal ethics relate to the Organization, in the conduct of their duties and responsibilities. As employees and representatives of GWI, we must practice honesty and integrity in fulfilling our responsibiiities and comply with all applicable laws and regulations.

The matters which should be reported under this Whistleblower Policy include suspected fraud, theft, embezzlement, accounting or auditing irregularities, bribery, kickbacks, misuse of GWI’s assets or suspected regulatory, compliance, or ethics-related issues, concerns or violations.

This policy is not a vehicle for reporting violations of GWI’s applicable human resources policies, problems with co-workers or managers, or for reporting issues related to alleged employment discrimination or sexual or any other form of unlawful harassment (the “Policies and Procedures”), as it is those Policies and Procedures that are applicable to such matters.

Reporting Responsibility

It is the responsibility of all directors, officers, employees and volunteers to report, in good faith, violations or suspected violations of high business and personal ethical standards, as such personal ethics relate to the Organization, and/or applicable legal requirements and policies of the Organization (“Violations”) in accordance with this Whistleblower Policy.

No Retaliation

No director, officer, employee or volunteer who, in good faith, reports a Violation shall suffer harassment, retaliation or adverse employment consequence because of such report. An employee who retaliates against someone who has reported a Violation in good faith is subject to discipline up to and including termination of employment. This Whistleblower  Policy is intended to encourage and enable employees, volunteers and others to raise serious concerns within the Organization prior to seeking resolution outside the Organization. Notwithstanding anything contained herein to the contrary, this Whistleblower Policy is not an employment contract and does not modify the employment relationship between GWI and its employees, nor does it change the fact that employees of GWI are employees at will. Nothing contained herein provides any director, officer, employee or volunteer of GWI with any additional rights or causes of action, other than those provided by Section 1107 of the Sarbanes-Oxley Act of 2002.

Reporting Violations

Questions, concerns, suggestions or complaints regarding the ethical and legal standards noted above should be addressed directly to the Chair of GWI’s Audit and Finance Committee (the “Compliance Officer”).  You may also contact Insperity’s Anti-Discrimination and Harassment Hotline at 844-677-3030.

Compliance Officer

The Compliance Officer is responsible for investigating and resolving all reported Violations and shall advise the Audit Committee and, if the Compliance Officer deems it appropriate, the Chief Executive Officer and/or Founder and Chair, of all reported complaints and allegations of Violations. The Compliance Officer is required to report to the full Board of Directors at each regularly scheduled board meeting on compliance activity.

Accounting and Auditing Matters

The Audit and Finance Committee of the Board of Directors shall address all reported concerns or complaints regarding corporate accounting practices, internal controls or auditing. The Compliance Officer shall immediately notify the Audit and Finance Committee of any such complaint and work with the committee until the matter is resolved.  Promptly upon receipt, the Audit and Finance Committee shall evaluate whether a complaint constitutes an accounting or auditing complaint and if so shall promptly determine what professional assistance, if any, it needs in order to conduct an investigation. The Audit and Finance Committee will be free in its sole discretion to engage outside auditors, counsel or other experts to assist in the investigation and in the analysis of results.

Investigations

The Compliance Officer may delegate the responsibility to investigate a reported Violation, whether relating to accounting and auditing matters or otherwise, to one or more employees of GWI or to any other individual, including persons or firms not employed by GWI, selected by the Compliance Officer; provided that the Compliance Officer may not delegate such responsibility to an employee or other individual who is the subject of the reported Violation or in a manner that would compromise either the identity of an employee who reported the Violation anonymously or the confidentiality of the complaint or resulting investigation.  Notwithstanding anything herein to the contrary, the scope, manner and parameters of any investigation of a reported Violation shall be determined by the Audit and Finance Committee in its sole discretion and GWI and its employees will cooperate as necessary in connection with any such investigation.

Acting in Good Faith

Anyone filing a complaint concerning a Violation must act in good faith and have reasonable grounds for believing the information disclosed may indicate a violation of such standards. Any allegations that prove not to be substantiated and which prove to have been made maliciously or knowingly to be false will be viewed as a serious disciplinary offense.

Confidentiality

In making a complaint or submission, an employee of the Organization may request that such complainant be treated in a confidential manner (including that GWI take reasonable steps to ensure that the identity of the employee making the complaint remains anonymous). GWI takes seriously its responsibility to enforce this Whistleblower Policy and therefore encourages any employee reporting a Violation to identify him or herself so as to facilitate any resulting investigation. Employees may, however, submit complaints on an anonymous basis. Reports of Violations will be kept confidential to the extent possible, consistent with the need to conduct an adequate investigation.

Handling of Reported Violations

The Compliance Officer will notify the sender and acknowledge receipt of the reported violation or suspected violation within five business days, but only to the extent the sender’s identity is disclosed or a return address is provided. All reports will be promptly investigated, the scope of any such investigation being within the sole discretion of the Audit and Finance Committee, and appropriate corrective action will be taken if warranted by the investigation.

Records

The Audit and Finance Committee will retain on a strictly confidential basis for a period of seven years (or otherwise as required under GWI’s record retention policies in effect from time to time) all records relating to any complaint and to the investigation and resolution thereof. All such records are confidential to the Organization and such records will be considered privileged and confidential.