(30 marks) Risk Analysis - Discussion Saputo includes a significant discussion of risk in its Management Discussion and Analysis Report. Based on your reading of this report, and their Promise Report (available in Brightspace), and any other research on the company you can find, answer the following questions. (10 marks for each part)

The COVID-19 pandemic is a major concern for the company. What measures and issues are discussed in the reports that deal with the possible risks and consequences of the pandemic?

Has the pandemic positively or negatively affected the company? Show evidence from current quarterly statements, stock market performance, or other sources to support your conclusions. Has the pandemic affected the company in similar ways in different geographic regions? Why or why not, do you think?

Discuss two other potential risks to the company that you consider to be significant. Be sure to indicate why you consider them to be significant risks for Saputo.