Investor Presentaiton

The Compliance Conundrum ▸▸ Time and effort spent on compliance and regulatory matters over the past 12 months Increased by more than 15 percent Increased by 5 percent to 15 percent Little/No change Rising compliance costs is not a Hong Kong- specific issue, but a global trend that is likely to continue. Decreased by 5 percent to 15 percent Decreased by more than 15 percent 0% 10% 20% 30% 40% 50% 60% 70% 80% Source: Joint KPMG and HKTA survey KPMG Many industry players are turning to technology to meet compliance obligations. ©2017 KPMG, a Hong Kong partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. All rights reserved. Printed in Hong Kong. Document Classification: KPMG Confidential LO 5

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