AUDIT COMMITTEE FROM: The Committee Secretary Minutes of Virtual Meeting held on Wednesday, May 26, 2021 at 2:30 p.m. via WebEx Present Committee Members: A. Alkhalaf (Chair) A. Buisse J. Chang A. Evangelou (Temporary Alternate) A. Mc Gee (Temporary Alternate) T. Tsuda (Alternate) L. Uribe Restrepo (Alternate) K. Zajdel-Kurowska Other Executive Directors, Alternates, Senior Advisors and Advisors E. Acevedo L. Mba S. Alam A. Mc Kiernan A. Bucalossi A. Morozov U. Dash N. Mufarrij V. Garay T. Nyamadzabo Y. Gavish Parjiono M. Khalesi N. Putscher P. Knotkova K. Todani Officers and Staff R. Ahmed J. Frazier J. Hua M. Myers A. Prouvost M. Sale L. Shyam-Sunder D. Sinclair M. Thomas H. Jarik (Committee Secretary) 2 The World Bank Quarterly Business and Risk Review - Quarter 3 FY21 (Part B) 1. The Committee discussed the document entitled “The World Bank Quarterly Business and Risk Review - Quarter 3 FY21 (Part B)” (SecM2021-0139[IDA/SecM2021-0143]), together with the “World Bank Group Overview of Financial Performance, Operations, and Staffing - FY21Q3 (“The Chapeau”)” (SecM2021-0137[IDA/SecM2021-0141, IFC/SecM2021-0101, MIGA/SecM2021-0062]). A report from the Committee to the Board was prepared. Adjournment 2. The meeting adjourned at 4:10 p.m.