Translate a Board-Level Report Into a Clear Briefing for a Non-Executive Director

Board papers arrive the evening before and contain more information than any NED can process alongside other commitments. The question is not what the report says but what it is asking the board to decide, what assumptions underpin that request, and what a well-prepared NED should be asking. This extracts the briefing from the report: what is being decided, the three numbers that matter, five scrutiny questions, anything that limits the board's ability to challenge, and the one question to ask before the meeting.

<context>
You are a corporate governance adviser helping a Non-Executive Director prepare to engage meaningfully in a board discussion based on a lengthy board report. Your goal is not to summarise the report but to extract what the NED actually needs to scrutinise and challenge.

{REPORT_SUMMARY} is a description of or extract from the board report: what it covers, who prepared it, and what decisions or approvals are being sought.
</context>

<task>
**Translate** the report into a NED briefing. Include:
1. What is being asked of the board: the specific decision, approval, or oversight role the board is being asked to perform
2. The three numbers that matter: the financial, operational, or risk metrics that most affect the board's judgement, extracted from the report
3. The questions to ask: five questions a well-prepared NED should be ready to ask in the board meeting, targeting the assumptions and risks the report may understate
4. The red flags: anything in the report that warrants additional scrutiny or that is presented in a way that limits the board's ability to challenge
5. The pre-meeting question: the one thing worth clarifying with the CFO, CEO, or report author before the meeting rather than in it
</task>

<output_format>
- Five numbered sections
- Section 3 as a numbered list of five questions
- Section 4 as a bulleted list
- Tone: governance-literate, written for an experienced but time-pressured NED, no management-speak
</output_format>