Investor Presentaiton

Andbank Investor 2020 ANDBANK Private Bankers Regulatory framework Andorra's political system is a Parliamentary co-principality (France & Spain). Public institutions Judicial power High Council of Justice High Court of Justice Civil Court Criminal Court Tribunal de Corts Batlles Court Administrative Court Private sector associations • Legislative power Executive power General Council Government AAFA Supervisory authorities Autoritat Financera Andorrana Prudential supervision of all entities of the financial system Exercise legislative power Approve government budget Appoint head of Government and promote/control his actions Executive body to direct national and international policies Exercise regulatory power *AREB Manage the process for the resolution of banking institutions Look after the interests of the financial sector and ensure its representation in all relevant forums Additional regulatory standards UIFAND Unitat de Prevenció I Lluita contra la Corrupció (UPLC) Supervise all entities in AML&CTF matters Centralize and coordinate all actions regarding anti-corruption (2) ASSOCIACIÓ D'ENTITATS FINANCERES D'INVERSIÓ Andorran Banking AAA (1) Associació de Bancs Andorrans ADEFI • Satisfactory evaluations by MONEYVAL FATCA+ IQ compliant COUNCIL OF EUROPE Application of Common Reporting Standards (CRS) on automatic exchange of information. FATCA Foreign Account Tax Compliance CONSEIL DE L'EUROPE (1) Associació d'Assegurances d'Andorra (2) Associació d'Entitats Financeres d'Inversió OECD COMMON REPORTING STANDARD 7

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