General Decision of the Financial Markets Council No. 16 of June 21, 2012

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General Decision of the Financial Markets Council No. 16 of June 21, 2012 regarding the annual information sheet The Council Board of the Financial Markets Council, Having regard to Law No. 94-117 of November 14, 1994, reorganizing the financial market as amended and supplemented by subsequent texts, particularly Articles 28, 31, and 48 thereof, Having regard to the Collective Investment Undertakings Code promulgated by Law No. 2001-83 of July 24, 2001, as amended and supplemented by subsequent texts, Having regard to Law No. 2005-96 of October 18, 2005, on strengthening the security of financial relations, particularly Article 20 thereof, Having regard to the Ministerial Order of April 29, 2010, approving the Financial Markets Council Regulation on collective investment undertakings in securities and portfolio management of securities for third-party accounts, as amended and supplemented by the Ministerial Order of February 15, 2013, particularly Article 150 thereof, Decides:
Single Article:
The information sheet provided for in Article 150 of the Financial Markets Council Regulation on collective investment undertakings in securities and portfolio management of securities for third-party accounts must contain the information set out in the model attached to this general decision. The manager must transmit these information sheets to the Financial Markets Council within four and a half months following the close of the financial year. Visa For the Council Board of the Financial Markets Council The Minister of Finance The President Elyès FAKHFAKH Salah ESSAYEL

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Model of the information sheet
Manager's name
Activity program
Name of majority shareholder
Nationality of majority shareholder
Financial year end date (DD/MM/YYYY)
Items Amount

1. Total operating income (1 = 1.1 + 1.2 + 1.4)
   1.1 Total portfolio management commissions (1.1 = 1.1.1 + 1.1.2 + 1.1.3)
   1.1.1 Discretionary management commissions
   including performance-based commission
   1.1.2 Collective investment fund (OPC) management commissions
   including performance-based commission
   1.1.3 Other portfolio management commissions
   1.2 Total ancillary income related to portfolio management activities (1.2 = 1.2.1 + 1.2.2 + 1.2.3)
   1.2.1 Share of subscription and redemption commissions for collective investment funds (OPC)
   1.2.2 Share of asset-based commissions for collective investment funds (OPC)
   1.2.3 Other ancillary income related to portfolio management activities
   1.3 Total other operating income (1.3 = 1.3.1 + 1.3.2 + 1.3.3)
   1.3.1 Income related to outsourced activities (administrative, accounting, and securities distribution…)
   for the account of other companies
   1.3.2 Other income related to venture capital fund (FCPR) management activities (fundraising, management advisory…)
   1.3.3 Other income not related to portfolio management (placement)
   1.4 Others (provision reversals, charge transfers, operating subsidies…)
2. Total operating expenses (2 = 2.1 + 2.2 + 2.3 + 2.4 + 2.5)

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2.1 Purchases and external charges
including costs for providing or seconding human and technical resources including product retrocessions recorded in operating expenses (brokerage or placement commissions) within the group including product retrocessions recorded in operating expenses to external distributors (brokerage or placement commissions) including share of management commissions paid in respect of a delegation of administrative and accounting management including costs related to accounting, administration, valuation, the statutory auditor, and the depositary of UCITS
2.2 Taxes, levies, and similar payments
2.3 Personnel expenses (salaries, wages, and social charges)
2.4 Depreciation and provision allocations
2.5 Other operating expenses
3. Operating result
4. Financial result (financial income – financial charges)
including net proceeds from sales of investment securities including net costs from sales of investment securities
5. Other ordinary gains/Other ordinary losses
6. Employee profit-sharing
7. Corporate income tax
8. Extraordinary items
9. Net result (profit or loss)
10. Basic equity (10 = 10.1 + 10.2 + 10.3 + 10.4 + 10.5 - 10.6)
10.1 Share capital
10.2 Issuance, merger, and contribution premiums
10.3 Reserves (statutory, regulatory, and others)
10.4 Retained earnings
10.5 Result for the financial year
10.6 Treasury shares held
11. Dividend amount to be paid in the year of this declaration
12. Managed UCITS and investment funds (12 = 12.1 + 12.2 + 12.3)
12.1 including FCP
12.2 including SICAV managed by delegation
12.3 including other UCITS (FCPR, Seed Funds, …)
13. Assets managed under discretionary mandates (13 = 13.1 + 13.2)
13.1 Assets managed under discretionary mandates for resident investors (13.1 = 13.1.1 + 13.1.2)
13.1.1 including management mandates
13.1.2 including mandates managed by delegation from another service provider
13.2 Assets managed under discretionary mandates for non-resident investors
14. Total number of persons working at the manager (including seconded or provided resources)
including financial managers
15. Total number of client accounts managed under discretionary mandates (15 = 15.1 + 15.2)
15.1 including resident individuals
15.2 including resident institutional and corporate persons
Name of the professional association to which the manager belongs:
Date of submission of this information sheet (DD/MM/YYYY):
Name of the contact person for obtaining additional information:
Telephone number of the contact person for obtaining additional information:
Email address of the contact person for obtaining additional information

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Names of the two persons who determine the manager's direction and attest to the content of this annual information sheet:
Figures finalized as of date