constant volatility and instability in various ways due in part to the global pandemic of COVID-19 and the fast-paced changes in technology. Thus, it is inevitable for auditors to adjust their methodology to

: Possibility of delisted and rehabilitation companies due to financial instability and going-concern issue. Horizontal Analysis 0 2 4 6 8 10 12 2012 2013 2014 2015 2016 BSIZE ACSIZE 0% 10% 20% 30% 40% 50% 2012

concept of ‘climate stewardship’. The on-going dialogue with investee companies is a powerful tool to encourage them to have effective oversight of climate-related risks that may affect the long-term value

concept of ‘climate stewardship’. The on-going dialogue with investee companies is a powerful tool to encourage them to have effective oversight of climate-related risks that may affect the long-term

women are not only fundamental human rights, but also powerful drivers to secure equitable economy and sustainable development across all aspects, from inclusive growth to peaceful societies. To celebrate

economic slowdown resulting in declining export and plunging tourists’ spending especially Chinese tourists. The instability in Thailand politic and election in March 2019 slowed public investment. High

boutiques that rely heavily on tourists as their clientele. Other events likely to reduce the number of tourists, such as geopolitical instability and insecurity (e.g., terrorist attacks) and weakening of the

help offset declining tourists from China. Amidst political instability and the expected Presidential and Parliamentary election in 2018 and 2019 respectively, the Company is confident in its ability to

temporarily. For private investments, that decreased from the same period of last year in all sectors from instability of the economy, except for ongoing projects of improvement, maintenance and automation

ecosystem. This instability compromises the ability of humankind and nature to flourish in harmony. This challenge requires leading companies and brands like CHANEL to find a new way forward. The relationship