CORPORATE GOVERNANCE

The Board of Directors of Twin Disc, Inc. (the "Company") sets high standards for the Company's employees, officers and directors. Implicit in this philosophy is the importance of sound corporate governance. It is the duty of the Board of Directors to serve as a prudent fiduciary for shareholders and to oversee the management of the Company's business. To fulfill its responsibilities and to discharge its duty, the Board of Directors follows the procedures and standards that are set forth in these guidelines. These guidelines are subject to modification from time to time as the Board of Directors deems appropriate in the best interests of the Company or as required by applicable laws and regulations.

Board of Directors Committee Charters

Title Documents

Audit Committee Charter

Nominating and Governance Committee Charter

Compensation & Executive Development Committee Charter

Documented Governance Standards

Title Documents

Guidelines for Business Conduct and Ethics

Guidelines for Corporate Governance

Insider Trading Policy

Stockholder-Board Communications Policy

Policy Governing Director Nominations

Contacting the Audit Committee of the Board of Directors

Conflict Minerals Policy