Secretariat of the Board of Directors

Decision No. (136) of the Authority's Board of Directors dated 27/11/2016

Regarding the fee for services related to examining and studying applications for the acquisition of securities brokerage companies or the management of investment funds, or applications for regularization, in accordance with Articles 328 bis and 328 bis (a) of the Executive Bylaws of the Capital Market Law

Board of Directors of the Financial Regulatory Authority

Having reviewed the Capital Market Law issued by Law No. (95) of 1992 and its Executive Bylaws and the decisions issued pursuant thereto;

and the Law No. (10) of 2009 concerning the regulation of supervision over non-banking financial markets and instruments;

and Presidential Decree No. (197) of 2009 issuing the Basic Statute of the Financial Regulatory Authority;

and Minister of Investment Decision No. (95) of 2016;

and the Authority's Board of Directors Decision No. (135) of 2016 concerning the controls on the acquisition or control of securities brokerage companies and investment fund management companies, and the rules for regularization, in accordance with Articles (328 bis, 328 bis (a)) of the Executive Bylaws of the Capital Market Law;

and the approval of the Authority's Board of Directors at its meeting held on 27/11/2016.

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Decided

(Article One)

The Authority shall charge a fee for services related to examining and studying applications for the acquisition of securities brokerage companies or the management of investment funds, in accordance with Articles (328 bis, 328 bis (a)) of the Executive Bylaws of the Capital Market Law, at a rate of one-quarter per thousand of the value of the securities to be acquired or for which regularization approval is sought, with a minimum of twenty thousand Egyptian pounds.

(Article Two)

This Decision shall be published in the Egyptian Gazette and on the Authority's website, and shall be enforced from the date of its publication.

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Chairman of the Board of Directors
Sherif Samy

[Seal of the Financial Regulatory Authority - Chairman's Office]