In line with the previous two years, the Facilities were structured as sustainability-linked loans ("SLL"). As per our European RCF, this renewed SLL structure includes five key performance indicators ("KPIs") to improve Trafigura's sustainability performance, aligned with material issues for its business. The progress towards each target will be evaluated on an annual basis and verified by a third-party expert. A penalty or discount on the margin will be applied, depending on the number of targets met each year. Trafigura mandated Abu Dhabi Commercial Bank PJSC, Agricultural Bank of China Shanghai Huangpu Branch, Bank of Communications Shanghai Putuo Sub-branch and Bank of Communications Co., Ltd, Singapore branch, China Construction Bank Shanghai Pudong Sub-branch, DBS Bank Ltd. ("DBS"), Development Bank of Japan Inc.,