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notes to the financial statements - Investor Relations

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ELEVATION<br />

Rising through resilience<br />

Rio de Janeiro carnival costumes carry strong African tradition influences<br />

stemming from a his<strong>to</strong>ry of slave trade practised by Portuguese colonisers<br />

in Brazil from <strong>the</strong> 16th <strong>to</strong> 19th century. The use of fea<strong>the</strong>rs on carnival<br />

masks in Brazil originated in Africa as a symbol of one’s ability <strong>to</strong> rise<br />

above adversity and <strong>to</strong> travel <strong>to</strong> ano<strong>the</strong>r world for rebirth and regrowth.<br />

CWT has seen significant changes in <strong>the</strong> various industries it serves and<br />

has faced challenging times as a world trade mobilisation force in <strong>the</strong><br />

global economy. Through all <strong>the</strong>se, it has remained poised and resilient,<br />

responsive and progressive. As a company that knows how <strong>to</strong> effectively<br />

navigate through <strong>the</strong> shifting currents of progress, it has risen above perils<br />

and turned challenges in<strong>to</strong> opportunities for continuous growth.

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