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Investor Presentaiton

Recent Regulatory changes favouring REITS State Bank of Pakistan - Changes in Prudential Regulations BPRD Circular 07 of 2021 Regulation R-6 • ARIF HABIB DOLMEN REIT MANAGEMENT LIMITED ATE Aggregate Investment limit in units of REIT increased from 10% to 15% of equity of the bank, exclusive of aggregate equity investment limit of 30% of their equity as mentioned in sub rule 1B(i) IH&SMEFD Circular 10 of 2020 Banks are assigned mandatory financing targets for housing & construction of buildings (Residential and Non-Residential) of at least 5% of their domestic private sector advances by December 2021 IH&SMEFD Circular 04 of 2021 as amended through Circular 13 of 2021 Investment in Units issued by REITS and Debt Instruments issued by REITs shall count towards Banks' mandatory financing targets for housing & construction of 5% of their domestic private sector advances BPRD Circular 18 of 2021 Banks' investment in REITs will attract a uniform risk weight of 100% reduced from 200% BAN
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