revenue from sales because the sales volume decreases as steel domestic 's consumption was discouraged by economics and loss of sales opportunities related to a low level of stocks due to a limited

discouraged by economics. Lose sales opportunities in relation to a low level of stocks due to a limited warehouse space. Other income 2.8 6.1 117.9% A gain and profit in exchange rate comparing to the same

to align their Sustainability Bonds with both the SBG and the SLBP. For the avoidance of doubt, such an approach remains at the discretion of issuers and is neither recommended nor discouraged. 3 https

one position in functional drinks market for four consecutive quarters since Q3’18. Despite C-Vitt’s supply constraint as the production line undergoing maintenance for debottlenecking during May’19

to whether or not to apply a most favoured nation clause or to modify a peer group (for example due to M&A activity of peers) is discouraged. 3-6 Can an Issuer amend how it calculates a KPI or change

. Indeed, enterprises and investors increasingly recognise that sustainable development is at the very heart of long-term value creation. Moreover, failing to achieve the SDGs is a constraint on economic

and is neither recommended nor discouraged. Voluntary Process Guidelines for Issuing Social Bonds Voluntary Process Guidelines for Issuing Social Bonds 7 https://www.icmagroup.org/sustainable-finance

and is neither recommended nor discouraged. Voluntary Process Guidelines for Issuing Green Bonds 8 https://www.icmagroup.org/sustainable-finance/the-principles-guidelines-and-handbooks/mapping-to-the

return continuation in the short term Low risk Liquidity-constrainted investors hold leveraged positions in low-risk assets which they may have to sell in bad times when liquidity constraint become binding

, however, bear the constraint which result in the inability to remediate and resolve the findings from the previous inspection cycle. Regarding this matter, theSEC proposes the following recommendation as a