Agenda

Corporate Governance Matters

Current Board of Directors. Our Board of Directors is divided into three classes, each class
serving for three years following their election and until their successors have been elected and
qualified.

The Pennichuck Corporation Board currently has eleven directors. Of the eleven directors, four
have terms ending in 2016, four have terms ending in 2017, and three have terms ending in 2018.

The current members of the Company’s Board of Directors are as follows:

Agreement on November 23, 2011, concluding that “the transaction is in the public interest and
will not have an adverse effect on rates, terms, service, or operation of the utilities.”

(G PENNICHUCK

PENNICHUCK CORPORATION
25 Manchester Street
Merrimack, New Hampshire 03054

PROXY STATEMENT

Annual Meeting of Sole Shareholder

V2 PENNICHUCK

PENNICHUCK CORPORATION
25 Manchester Street
Merrimack, New Hampshire 03054

NOTICE OF ANNUAL MEETING OF SOLE SHAREHOLDER
To be Held on May 7, 2016

To the City of Nashua, New Hampshire, in its capacity as the Sole Shareholder of Pennichuck
Corporation:

PENNICHUCK 25 MANCHESTER STREET
PO BOX 1947

MERRIMACK, NH 03054-1947

(603) 862-5191
FAX (603) 913-2305

WWW.PENNICHUCK.COM

VIA HAND DELIVERY
March 29, 2016

Mr. Brian McCarthy, President
Board of Aldermen

City of Nashua

229 Main Street

Nashua, NH 03060

Dear President McCarthy:

NEW BUSINESS ~ RESOLUTIONS

R-16-026
Endorser: Alderwoman Mary Ann Melizzi-Golja
APPROVING THE COST ITEMS OF A COLLECTIVE BARGAINING AGREEMENT BETWEEN
THE MAYOR AND THE BOARD OF FIRE COMMISSIONERS AND LOCAL #789, INTERNATIONAL
ASSOCIATION OF FIRE FIGHTERS FROM JULY 1, 2015 THROUGH JUNE 30, 2019 AND
RELATED TRANSFER FROM CONTINGENCY

R-16-014

Endorsers: Alderman-at-Large Brian S. McCarthy

Alderman Richard A. Dowd

Alderwoman Mary Ann Melizzi-Golja

Alderman June M. Caron

12. REPORTS OF COMMITTEE

AGENDA MEETING OF THE BOARD OF ALDERMEN APRIL 12, 2016

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10.
11.

PRESIDENT BRIAN S. McCARTHY CALLS ASSEMBLY TO ORDER
PRAYER OFFERED BY CITY CLERK PATRICIA PIECUCH
PLEDGE TO THE FLAG LED BY ALDERMAN TOM LOPEZ
ROLL CALL
REMARKS BY THE MAYOR
RESPONSE TO REMARKS OF THE MAYOR
RECOGNITIONS
R-16-025
Endorsers: Mayor Jim Donchess
Board of Aldermen
RECOGNIZING GREATER NASHUA HABITAT FOR HUMANITY WITH THE 2016
GATE CITY LIGHT AWARD

R-16-028

Endorsers: Mayor Jim Donchess

Alderman-at-Large Lori Wilshire

Alderman-at-Large Mark S. Cookson

Alderman Richard A. Dowd

Alderman June M. Caron

Alderman Ken Siegel

Alderwoman Mary Ann Melizzi-Golja

Alderman-at-Large Brian S. McCarthy
AUTHORIZING THE MAYOR AND THE CITY TREASURER TO ISSUE BONDS NOT TO EXCEED
THE AMOUNT OF THIRTY MILLION DOLLARS ($30,000,000) TO REFUND ALL OR A PORTION
OF CERTAIN OUTSTANDING BONDS OF THE CITY IN ORDER TO ACHIEVE INTEREST COST
AND OTHER SAVINGS