FY 2021 BALANCED APPROACH BETWEEN INVESTMENT AND COST MANAGEMENT

APPENDIX 16 | DAILY TRADING AND UNDERWRITING REVENUES VS. VAR ($MM) 25 25 20 20 15 15 10 150 0 August/2021 September/2021 October/2021 (5) (10) (15) Trading P&L Trading VaR 33

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