Empowering Nations Through Innovation and Sustainability

Strong Shareholder Support Members Brazil Shareholding 19.42% Russia 19.42% India 19.42% China 19.42% South Africa 19.42% Bangladesh 1.83% United Arab Emirates 1.08% . Egypt Uruguay Prospective member Prospective member Key institution in BRICS cooperative framework Equal capital subscription amongst founding members Full member support for maintaining a very strong financial profile High commitment of founding countries to NDB represents a greater propensity to support the institution in times of distress No member holds veto power Preferential treatment in member countries with extensive immunities, privileges and exemptions Declaration of the Leaders of Brazil, Russia, India, China and South Africa at the 13th BRICS Summit, New Delhi, India on September 9, 2021 "We appreciate the NDB's substantive progress in membership expansion despite challenges emanating from the COVID-19 pandemic. We reiterate that the process of expansion should be gradual and balanced in terms of geographic representation in its membership as well as supportive of the NDB's goals of attaining the highest possible credit rating and institutional development. We note with satisfaction the discussions held at the Annual meeting of the Board of Governors of the New Development Bank and look forward to the Bank's second General Strategy for 2022-26. We recognize the role of New Development Bank as vital to addressing health and economic consequences of the pandemic and encourage the NDB to explore the possibility of financing more social infrastructure projects, including those that use digital technologies." Note: Prospective members listed herein have been admitted by NDB's Board of Governors and will officially become a member country once they deposit their instrument of accession Source: Declaration of the Leaders of Brazil, Russia, India, China and South Africa at the 13th BRICS Summit, New Delhi, India on September 9, 2021 New Development Bank O 2021 New Development Bank 7

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