• Conciseness
• Connectivity of information
• Strategic focus and future orientation

Key observations:

ARM Holding’s risk management review offers a clear and concise overview of the evolving risk landscape and the company’s robust approach to risk management and mitigation. The discussion opens by highlighting the risk management objectives and then provides a summary of the risk review process and the various layers of involvement and oversight of this process.  The Risk Heatmap on page 32 visually depicts the relative likelihood and potential magnitude of impact that each strategic risk might have on the business.  Further detail is provided by using color-coded icons to reflect the strategic areas that are affected by each issue.  The green arrows and equal signs show the reader whether each risk was increased, decreased or unchanged during the reporting period.  The subsequent discussion on pages 33-37 contains a narrative disclosure for each of the identified strategic risks which provides (1) further information about the risk in the context of ARM's overall strategy and (2) an overview of ARM's approach to mitigating the risk.