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 and approving business plans. That SIB acknowledges the key risks identified and the mitigation strategies in place. That SIB endorses the forward plan for SIB activities including asset disposals and company wind-down.   Reasons for Decisions:   The recommendations are to ensure transparency of the business plans of the investment companies and properties, to highlight the risks and opportunities to drive accountability and 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)