differentiated focus in investing selectively in high growth areas across the 5 segments discussed earlier, IVL is confident of maintaining its long-term growth trajectory and is targeting to double its core

action, the policies, procedures, and controls should prohibit the CRA and its employees from selectively disclosing information about the pending credit rating action, except to the rated entity, obligor

optionally covering the scope of actions. In case of no resolution on such policy or implementation not yet taken, it should be proposed that the board of directors pass a resolution acknowledging their duty