Finance Audit Charter October 25 2010

CHARTER OF THE FINANCE & AUDIT COMMITTEE OF THE BOARD OF DIRECTORS OF NORDION INC. Purpose The primary function of the finance and audit committee (the “Finance & Audit Committee”) of the board of directors (the “Board”) of Nordion Inc. (the “Corporation”) is to assist the Board in fulfilling its oversight responsibilities for the financial reporting process including responsibility for overseeing:  the integrity of the Corporation’s financial statements and financial reporting process, including the system of internal control over financial reporting, the audit process and the processes for identifying, evaluating and managing the Corporation’s principal risks impacting financial reporting;  compliance with legal and regulatory requirements, other than those otherwise assigned from time to time by the Board;  financial oversight of Pension Plan management;  the qualifications and independence of the independent auditor; and  the Corporation’s internal audit function. Consistent with these functions, the Finance & Audit Committee should encourage continuous improvement of, and should foster adherence to, the Corporation’s policies, procedures and practices. Approval of Charter The Committee shall review and reassess annually the adequacy of this Charter. Future changes of a material nature to this Charter require approval by the Board based on the recommendation of this Committee. Authority to make minor technical ...