Name Change

The Company officially changed its name to Nordion Inc. on November 1, 2010. Prior to November the Company's name was MDS Inc.

Guidelines and Practices

Strong, effective corporate governance — and the Company's review of its overall approach and commitment to corporate governance — has been and remains a key priority for Nordion, as indicated in the Annual Report and Proxy Circular. The Board and Executive Management Team believe that the Company's current governance practices are appropriate and fundamental to the overall success of the Company, and comply in all material respects with all applicable Canadian and U.S. regulatory requirements, the Guidelines of the Ontario Securities Commission and the Rules of the New York Stock Exchange which are currently in force. For more information, please refer to Corporate Governance Guidelines and Practices.