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Investor Presentaiton

Hong Kong Investor ID Regime Relevant Regulated Intermediary Custodian/Fund Manager Un Hong Kong Investor ID Regime Whether a custodian will be subject to the Hong Kong Investor ID Regime will depend on whether it is acting in the capacity of a Relevant Regulated Intermediary when it handles a securities order . if a custodian submits an On-Exchange Order, carries out an Off-Exchange Trade which is subject to the OE Trade Reporting requirement or carries out an Off-Exchange Order in the capacity of a Relevant Regulated Intermediary (for example, if a custodian opens and maintains a securities trading account for an investor at its own entity and provides securities brokerage services to the investor), it will be subject to the Hong Kong Investor ID Regime if a fund manager provides discretionary investment management services and places orders. with an executing broker for execution, it will not be subject to the Hong Kong Investor ID Regime
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