. Complementarity of various engagement options and approaches 7 Key considerations going forward: • Understand company’s influence along the value chain and its commitment to a credible decarbonization pathway
internal function and operation. Going forward - The SEC is under consideration to implement recommendations from FSAP review as well as to study the changes in the capital market landscape and how the role
(section 92) Net Liquid Capital (section 97) Capital Reduction (section 98(1)) Anti-fraud Provisions (section 98(3)) Forward Transactions/OTC Equity Derivatives Transactions (section 98(4)) Proprietary
follows: Transaction Size Calculation Criteria Calculation Formula 1. Net Tangible Assets Basis (NTA) = (Sum of percentage of shares to be acquired by NBC x Net asset value of the company to be acquired) x
basket options / basket warrants +6 / (#%I#0# 4 !4 &'R&'"# $06'"# 1.3.1.3 index options / index warrants +6 / (#%I#0# 4 !4 &'R&06"# %0J0"0 ! S&K$1) ! $$ #% 1.3.2 #II 0("# (equity-linked forward
is considered as an acquisition of assets. The transaction size which is calculated by 4 criteria and use the maximum value basis which is the value of assets acquired compared with the value of assets