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        <FormAndLineReferenceDesc>Part II</FormAndLineReferenceDesc>
        <ExplanationTxt>| PartandLinenumber:,Explanation:| Part2SectionBLine1g,Direct communications regarding legislation and public policy matters relevant to Valeos mission and operations.|</ExplanationTxt>
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      <SupplementalInformationDetail>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Part VI, Line 12c</FormAndLineReferenceDesc>
        <ExplanationTxt>All board members sign the conflict of interest policy annually.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Part VI, Line 15</FormAndLineReferenceDesc>
        <ExplanationTxt>The board decides on and approves the Executive Directors salary annually. In their determination they refer to independent salary data for reasonableness.</ExplanationTxt>
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      <SupplementalInformationDetail>
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        <ExplanationTxt>Valeo Vocations governing documents financials and conflict of interest policies are available upon request.</ExplanationTxt>
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      <SupplementalInformationDetail>
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        <ExplanationTxt>| Explanation:| Valeo Vocation experienced a sophisticated cyberattack during the reporting period that resulted in the loss of funds described below. In response the organization implemented enhanced cybersecurity protocols engaged a comprehensive managed technology and security firm and now requires ongoing cybersecurity awareness micro training for all staff. Valeo has also strengthened its internal systems and operational safeguards to reduce future risk.</ExplanationTxt>
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</Return>