Time: 11 - 12 am

When comparing available information on the successful development of our licensees (press articles, business reports, etc.)
with the fee-based turnover reported by the licensees to the TTOs, we sometimes notice big gaps in the numbers, although we
consider the licensed IP relevant for a large part of licensee's product portfolio. Consequently, we may have some doubts whether
the Royalty reports submitted to the TTOs express the "real" situation. Do we nevertheless accept the Royalty reports, or have
we processes in place to somehow verify the correctness of the reporting?