Before investing in the Group, prospective investors should consider the following risks and uncertainties carefully. This list is intended to describe only the major risks and uncertainties that could have a material impact on the Group and is not intended to be a comprehensive list. The Board is collectively responsible for the Group’s risk management and delegates responsibility to the Directors at a strategic level. Operationally, the responsibility lies with key individuals within the subsidiary structure and mitigating factors are considered at that level.