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KV Annual Report 2014

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ANNUAL REPORT Professional Management Operational Excellence Commitment We will maintain a team of high performing professionals with expertise relevant to the markets where we choose to operate. There is no substitute for the rigours of professional skepticism when making capital allocation decisions that balance risk and return. We are committed to the continuous improvement of all facets of our operations. Challenging the status quo, monitoring developments in our operating environment and taking the initiative to bring about proactive change is a competitive advantage that allows us to maximize value across our asset base. We will provide investors timely, accurate and meaningful disclosures. The reporting that we provide to investors is based on industry best practices, and includes comprehensive measures of financial and operational performance. Supporting the KV pillars is our unyielding commitment to investors. As the quantity of assets we manage has grown we have been diligent to keep the promises that were made; a testament to our belief that every investor is a partner in realizing success. We believe that when an investment succeeds, all parties should benefit – and if an investment underperforms, all parties should remain engaged to see it through. Ensuring interest alignment establishes a powerful motivator for us to create value for our investors. Transparency Alignment of Interests 10

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