ISSA REPORT ON CORPORATE ACTIONS Presented by: Monica Singer, Strate Ltd.

Agenda Key Principles and Objectives Global Issues and Participation Next Steps Golden Copy

Objective Key Principles and Objectives Global Issues and Participation Next Steps Golden Copy

Key Principles Achieve Straight-Through Processing (STP) utilising ISO Standards Issuer Sourced Information in structured fields Unique identifiers Timelines of Notification Process harmonisation within and across markets Publication of Event Rules Protecting investors' rights

Objectives To synthesize existing and emerging global industry initiatives on corporate actions processing and thereby publish principles that would facilitate risk reduction, efficiency, investor protection, and issuers’ ability to reach a broad investor base, highlighting gaps in current practices and areas that would benefit from concerted action. To facilitate the alignment of efforts among the various industry groups and advocate these principles globally to relevant stakeholders — the entire securities investment industry, issuers and their agents, and regulators —and facilitate the monitoring of issues and developments in key markets around the world, with respect to the principles. To highlight recommended practices being implemented or planned around the world, and provide a one-stop reference point to relevant work being done by industry groups globally, with links to their websites.

Global Issues and Participation Key Principles and Objectives Global Issues and Participation Next Steps Golden Copy

Global Issues and Participation Provision of applicable information from Issuers in a standard format Global market education including usage of common language Different timelines across various instruments/markets Fraction process handling Tax processing Active global participation is required in order to be successful

Golden Copy Key Principles and Objectives Global Issues and Participation Next Steps Golden Copy

How do we see this paradigm shift? What should global markets be targeting?

Achieving a Golden Copy transaction? “The ‘golden copy’ is the official, master version of a record. There can only be one golden copy of each record. A golden copy exists from the point of creation of a record, not just when the record is no longer used. It is important to remember that the golden copy of a record exists for all stages of its development.” In order to achieve a Golden copy, the information must be provided from the source in a defined format.

The Golden Copy can be achieved through……

Next Steps Key Principles and Objectives Global Issues and Participation Next Steps Golden Copy

Next Steps Exchange/CSD’s to work with NMPG’s and Swift to create Issuer awareness and adoption from source concept Participate in SMPG working groups which are driving the same principles Try to create the “Golden Copy” within your markets taking into consideration multi listed companies Standardise market event referencing via NMPG Standardise event option usage – insert event data on the EIG grid P.S. Refer to ISSA principles document for more information

Conclusion We have a great opportunity to revolutionise the processing of Asset Servicing globally. Lets join forces and “be the change you want to see in the world.” - Mahatma Gandhi

Questions