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    Temasek is an investment company. We own and manage our assets according to business principles.As an active investor, we shape our investment portfolio by increasing, holding or reducing investment. These actions are driven by a series of business principles to create and maximize long-term risk-adjusted returns.As a participating shareholder, we promote sound corporate governance in our portfolio companies. This includes forming a highly qualified, experienced and diverse board of directors.Our portfolio companies are guided and managed by their respective boards and management; we do not guide their business decisions or operations.Similarly, our investment, divestment and other business decisions are guided by our board of directors and management. Neither the President of Singapore nor the Singapore government, our shareholder, has participated in our business decisions.

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