opportunities, including mergers and acquisitions (M&A), to reinforce its business plan and long-term growth strategy. The acquisition of GLAND marks an important step for CPN towards becoming the leader in mixed

opportunities, including mergers and acquisitions (M&A), to reinforce its business plan and long-term growth strategy. The acquisition of GLAND marks an important step for CPN towards becoming the leader in mixed

targeted increased sales revenues and also to enable the achievement of targeted net profits. Additionally, there are also other supporting factors for Inorganic Growth through possible mergers and

the events above. CPN is currently in the process of reviewing the investment plan to develop the assets of GLAND. CPN constantly looks for new investment opportunities, including mergers and

determine the most damaging combination of events, and the loss they would produce. The likelihood of such an event is then assessed. Structural changes: Structural changes include mergers, acquisitions

periodically to shareholders for re-approval; e) proposals to change the voting rights of different series and classes of shares; and f) material and extraordinary transactions such as mergers and acquisitions

board of directors, including the review of corporate strategy, selecting and compensating management, overseeing major corporate acquisitions and divestitures, and ensuring the integrity of the

companies are increasingly active in investing abroad. For their own equity to be acceptable in mergers and acquisitions, corporate governance standards must be high. Ownership A defining characteristic of

with market dominance, mergers that may lead to monopolistic activity or substantially limit competition, and unfair trade practices. The revised law also mandates the establishment of the Office of

production volume and higher overall earnings as assets acquired in 2018 and the consolidations of 2018/19 were successfully integrated. These include acquisitions of PTA Portugal, PET (Egypt and Brazil), and