RESOLUTIONS OF THE BOARD OF TRUSTEES OF
SCHWAB STRATEGIC TRUST
Adopted February 23, 2016
Fidelity Bond
RESOLVED, that the form and amount of the fidelity bond in the aggregate principal amount of $30,000,000 (Thirty Million Dollars) issued by Great American Insurance Group, covering Schwab Strategic Trust (the Trust) and each of its series (each, a Fund and collectively, the Funds) for the period January 1, 2016 to June 30, 2016 with a premium to be shared pro rata according to the net assets of each Fund be, and it hereby is, approved by the members of the Board of Trustees (Trustees) of the Trust and separately by a majority of the Trustees who are not interested persons of the Trust, as that term is defined by the Investment Company Act of 1940, as amended (1940 Act), after consideration of all factors deemed relevant;
FURTHER RESOLVED, that the participation by the Funds in the fidelity bond described above is determined to be fair and reasonable and in the best interests of each Fund and its shareholders by the Trustees of the Trust and separately by a majority of the Trustees who are not interested persons of the Trust, as that term is defined by the 1940 Act;
FURTHER RESOLVED, that the officers of the Trust be, and each of them hereby is, authorized to execute such documents and papers as may be required by the rules and regulations promulgated under the 1940 Act in connection with or in furtherance of the foregoing resolutions; and
FURTHER RESOLVED, that the Assistant Secretary of the Trust be, and hereby is, designated as the party responsible for making the necessary filings and giving the notices with respect to the Trusts fidelity bond required by paragraph (g) of Rule 17g-1 under the 1940 Act.
CERTIFICATE
The undersigned hereby certifies that she is the Assistant Secretary of Schwab Strategic Trust, a Delaware statutory trust organized and existing under the law of the State of Delaware, and that the above are true and correct copies of the resolutions duly adopted by a unanimous vote at a meeting of the Board of Trustees of said Trust on February 23, 2016, at which meeting a quorum was at all times present and acting.
/s/ Christine Pierangeli |
Christine Pierangeli |
Assistant Secretary |