Artículo 9.4. PS 1 Paragraph 9.4

Management commentary shall provide information that enables users to understand management’s strategy for sustaining and developing the entity’s business model. Note Management commentary provides information about strategy across all time horizons, including in the long term. For example, management commentary might discuss management’s long-term aims, medium-term milestones on the path towards those aims and short-term plans for achieving those milestones.