1. Governance Structure:
   • At Salem Ventures, we have established a robust governance framework that clearly defines the roles and responsibilities of our investment committees and key decision-makers.
   • Our decision-making process is transparent and collaborative, involving relevant stakeholders and subject matter experts to ensure well-informed and insightful recommendations.
   • Our investment professionals are empowered to provide in-depth analysis and valuable insights to support our decision-making.
2. Investment Approval Process:
   • We have developed a comprehensive investment approval process, outlining the required steps, documentation, and criteria for evaluating potential investment opportunities.
   • Our multi-stage review process allows for thorough due diligence, risk assessment, and alignment with our investment principles and objectives.
   • We have clear decision-making thresholds and approval authorities to ensure accountability and consistency throughout the process.
3. Quantitative and Qualitative Analysis:
   • We conduct rigorous financial modeling and quantitative analysis to assess the financial viability and performance potential of investment opportunities.
   • Our quantitative analysis is complemented by a comprehensive qualitative assessment, evaluating factors such as management team, market dynamics, competitive landscape, and growth prospects.
   • We leverage our deep industry expertise and market intelligence to provide further insights and contextualize the analysis.
4. Investment Principles and Objectives:
   • We have clearly defined and documented our investment principles, which serve as the fundamental guidelines for our decision-making process.
   • We ensure that our investment decisions are consistently aligned with our long-term investment objectives, such as targeted returns, risk profiles, and impact goals.
   • We regularly review and, if necessary, update our investment principles and objectives to adapt to changing market conditions and investment opportunities.
5. Documentation and Reporting:
   • We maintain detailed documentation of our investment decision-making process, including the analysis, rationale, and key considerations for each investment.
   • We have established robust reporting and monitoring mechanisms to track the performance and progress of our investments, allowing for ongoing evaluation and adjustment of our approach.
   • We foster a culture of transparency and accountability, ensuring that our investment decisions are well-documented and can be effectively communicated to our investors and stakeholders.

By implementing this comprehensive Investment Decision-Making Framework, Salem Ventures ensures that our investment decisions are well-informed, aligned with our long-term goals, and optimized to deliver sustainable value for our investors and the communities we serve.