all grid and storage assets and activities. However, the requirements differ depending on the asset or activity being practiced. This is explained in the diagram overleaf. Certain assets and activities
beneficiaries diverge from each other. Financial Reporting Council 7 Principle 3 Institutional investors should monitor their investee companies. Guidance Effective monitoring is an essential component of
performance of any particular investment which may differ materially, and should not be relied upon as such. Predictions, opinions, and other information contained in this presentation are subject to change
ended 31 March 2020 2 | P a g e *Value may differ by one decimal point due to rounding Highlights 1/ One-time expenses in Q1/2019 were resulted from the employee retirement benefit (net after tax). 2
data, particularly those from outside the company. In addition, any forward looking statements are subject to change as market conditions and actual outcomes may differ from forecasts. BAM makes no
to change as market conditions and actual outcomes may differ from forecasts. BAM makes no representation or warranty of any type whatsoever on the accuracy or completeness of the information contained
the company. In addition, any forward looking statements are subject to change as market conditions and actual outcomes may differ from forecasts. BAM makes no representation or warranty of any type
) derivatives trading by the client has or may have an impact on the orderly trading of the derivatives exchange, or has caused or may cause the trading price to deviate from normal market conditions; (b) the
each provision of the IOSCO CRA Code is of conduct deviate from the IOSCO CRA Code and how such deviations nonetheless achieve the objectives laid out in the IOSCO CRA Code and the IOSCO CRA Principles