Application for Transfer of Securities Outside the Trading System

PLEASE SEE OVERLEAF FOR INSTRUCTIONS BEFORE COMPLETING THIS FORM TO BE MADE IN DUPLICATE TO: THE SECURITIES AND EXCHANGE COMMISSION OF SRI LANKA APPLICATION FOR THE TRANSFER OF SECURITIES OF A PUBLIC COMPANY LISTED WITH THE COLOMBO STOCK EXCHANGE OUTSIDE THE TRADING SYSTEM Please grant approval to effect the under mentioned transfer outside the trading system of the Exchange

1. NAME (IN FULL) & ADDRESS OF TRANSFEROR
   Name
   Address
2. NAME (IN FULL) & ADDRESS OF TRANSFEREE
   Name
   Address
3. NAME OF THE PUBLIC COMPANY/IES IN WHICH SECURITIES ARE TO BE TRANSACTED,
   SECURITIES CODES & QUANTITIES: (Please attach a separate schedule if space is inadequate) Name of the Listed Company Securities Code Quantity
4. NATURE OF TRANSACTION (GIFT OR EXCEPTIONAL CIRCUMSTANCES):
5. RELATIONSHIP BETWEEN THE TRANSFEROR AND TRANSFEREE:
6. EXCEPTIONAL CIRCUMSTANCES RELATING TO THE PROPOSED TRANSACTION (IF ANY):
7. CONSIDERATION (IF ANY):
8. HAVE YOU PREVIOUSLY APPLIED FOR THE TRANSFER OF ABOVE SECURITIES? YES/ NO
   IF YES a. DATE ON WHICH YOU APPLIED b. REASONS IF YOU KNOW FOR REFUSING THE APPLICATION
9. NAME AND ADDRESS OF THE BROKER (IF ANY):
   .……………………………………...... …………………………………………..
   SIGNATURE OF THE TRANSFEREE SIGNATURE OF THE TRANSFEROR
   DATE: ....................................................... DATE: .........................................................
   FOR OFFICE USE ONLY
   APPROVED/ NOTED BY THE SECURITIES AND EXCHANGE COMMISSION OF SRI LANKA CDS NO:
   CDS NO:

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INSTRUCTIONS APPLICABLE FOR THE COMPLETION OF THE APPLICATIONS RELATING TO TRANSFER OF SECURITIES OF A PUBLIC COMPANY LISTED ON THE COLOMBO STOCK EXCHANGE (CSE) OUTSIDE THE TRADING PROCEDURE

1. The following instructions should be read in conjunction with Section 84 of the Securities and Exchange
   Commission of Sri Lanka Act (SEC Act 2021), No. 19 of 2021. In terms of the SEC Act 2021, the approval of the Commission shall be obtained where no express trading procedure has been adopted by the Licensed Exchange.
2. The approval of the Securities and Exchange Commission of Sri Lanka (SEC) is not required to transfer
   securities pertaining to a conveyance of securities from an Administrator/Executor of an estate of a deceased person.
3. A duly completed off-the-floor transfer application along with the required documentary evidence shall be
   submitted to the SEC through the respective Stock Broker or any other party deemed acceptable to the SEC.
4. All documentary evidence shall be certified copy or certified as a ‘true copy’ by an Attorney - at -Law. In
   the case of the latter, it may be done by any officer authorized in that respect, provided that the SEC is officially informed of such authorization and the name and designation of such person.
5. If the off-the-floor transfer pertains to gifting of securities to a “relation” as defined in the section 84(3)
   of the SEC Act 2021, the applicant is required to submit necessary documents through the Stock Broker to confirm the relationship [e.g. the certified copy of birth certificate, marriage certificate, an affidavit to that effect (where necessary) and any other requisite documentary evidence].
6. Off-the-floor transfer of securities between an Individual CDS Account and a Joint CDS Account, between
   Joint CDS Accounts (where the main account holder changes), shall be permitted only upon submission of the requisite documents confirming the relationship and/or an affidavit to that effect (where necessary).
7. Signature verification
   A. In cases where the principal owner of securities changes (i.e. gifts, transfers between an Individual CDS Account and a Joint CDS Account, between Joint CDS Accounts, the off-the-floor transfer application form shall be signed in the presence of a Commissioner for Oaths. The attestation of the signatures must be placed at the bottom of the off-the-floor transfer application, and the SEC must be formally notified of the authentication, including the name, official designation, contact number and email address of the person who attested the signatures. B. The requirements relating to two-tier verification process for gift transfers
   i. Affidavit from the transferor affirming:
   a. he/she is gifting the securities willingly and without any coercion b. the gift is not intended to avoid any sort of statutory obligations
   c. a detailed description of the securities that are being transferred
   The Affidavit must be signed in the presence of a Commissioner for Oaths. In addition, the full name, contact number, and email address of the person who has attested the affidavit shall be provided.
   ii. With regard to gift transfers, if necessary, the SEC may request additional information for
   verification purposes, as follows:
   a. A Letter of Indemnity from the transferee/s, indemnifying the SEC against any potential liabilities or claims arising from the gift transfer. b. A Medical Certificate from an SLMC registered medical professional or any equivalent person, as may be acceptable to the SEC, and
   c. Depending on the circumstance, any other additional documents deemed necessary for the
   verification of gift transfers.

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8. In the case of applications made under Power of Attorney, a copy of the same which is duly certified
by an Attorney-at-Law must also be provided.
9. In cases where transferor and / or transferee is a corporate entity, the common seal of the company
should be affixed and attested as required by its Article of Association.
10. In any other event not mentioned above, copies of the requisite documentary evidence to substantiate
the exceptional circumstances should be attached to the application.
11. The SEC reserves right to request additional information or documents, in addition to the above
requirements, as deemed necessary for verification purposes.
12. Administrative Charges - Please made the relevant payment in favor of “the Securities & Exchange
Commission of Sri Lanka”.