the enforcement of the revised rules (2019-2023), SEC will give a grace period, during which the cooling-off period of the outgoing auditors may be less than 5 consecutive years but shall not be less

of the enforcement of the revised rules (2019-2023), SEC will give a grace period, during which the cooling-off period of the outgoing auditors may be less than 5 consecutive years but shall not be

rational investment decisions but their decisions are usually influenced by several factors and restrictions; emotion, beliefs and biases, for example. Those factors and restrictions cause investors to

mutual fund. Such factors include emotion, personal belief and attitudes toward different channels of savings and investment. For example, some investors prefer low risk, principal guaranteed investment

information. • Recognise that human characteristics such as emotion can have an impact on investing decisions in unanticipated ways. • Recognise that discipline in investing can minimise behavioural biases. 7

and Chairman of Corporate Governance Committee The Board of Directors resolved to propose to the shareholders’ general meeting to approve the re-election of the 5 outgoing directors due to term