Decision Maker:

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: No

Date of Decision: June 11, 2025

Purpose:

Content:   RESOLVED to: 1.  Note the report and appendix. 2.  Approve the interim investing of excess cash from Permira and Churchill private market funds distributions to Columbia Threadneedle Investments Bond Mandate 3.  Delegate the authority to allow rebalancing to take place outside of Committee cycles to the Group Director Finance & Corporate Resources in conjunction with the Chair and Vice Chair of the Pensions Committee.