Decision Maker:

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: Yes

Date of Decision: November 13, 2025

Purpose:

Content: RESOLVED:   That SIB notes the governance process followed in reviewing the performance reports from investments. That SIB notes the content of the report and provides any steer. That SIB notes the key risks identified and the mitigation strategies in place.   Reasons for Decisions:   The recommendations are to ensure transparency of the performance of the investment companies and properties, to highlight the risks and opportunities to drive accountability, strategic oversight and continuous improvement in company and investment performance.   (The decisions on this item can be called-in by the Resources and Performance Select Committee)