ACSDA MEMBER 2013 PROFILES UPDATE SANTIAGO DE CHILE APRIL 3RD,2014 Prepared and Consolidated By: Jorge H Jaramillo ACSDA´s President

22 Members Responding to the Survey N = 26 Members N = 22 Countries Information Prepared by : Cecilia Humphrey – ACSDA Consultant

3 Number of Years Since The Member’s Establishment

4 Number of Participants per Member Number of Members responding survey: 26

5 DVP Settlement Models in ACSDA Number of Members : 26

6 Securities Settlement Cycles Number of Members responding to the survey: 26

7 Account Structure in ACSDA Members

8 ACSDA Members Publicly Traded

9 ACSDA Members for Profit

10 Type of Securities Eligible by ACSDA Members Number of Members: 26

11 Other Financial Instrument Types Eligible by ACSDA Members Number of Members: 26

12 Types of Participants in ACSDA Members Others : Includes Pension Funds, trust, Insurance companies, Foreign Entities, Mutual Funds, Excludes Fund Investment Account at Cetip

13 Main Services Offered by ACSDA Members Number of Members: 26

14 Main Services Offered by ACSDA Members Number of Members: 26

15 Other Services Offered by ACSDA Members Number of Members: 26

16 Other Services Offered by ACSDA Members Number of Members: 26

17 Other Services Offered by ACSDA Members Number of Members: 26

18 Principal Achievements in 2013 Main Goals Automate Corporate Actions New Products & Services in the Value Chain Assessment of the FATCA effect Systems & Processes PFMI Self-evaluation & Implementation of Enhancements Products for the Funds Sector Establishment of International Links New Financial Instruments Increase the Amount of Services Dematerialization Local & Global LEI Implementation of & & International Rating Corporate Integrations

19 Principal Achievements in 2013 Systems Migration to Web Services Introduction of Systems for the Trading of New Instruments in Exchanges and OTC Interoperability, Implementation of ISO Standards y Implement LEI Usefulness Systems for Business Diversification Enhancements in Business and Data Web Sites Implementation of Systems for the Registration of Operations and Trading Systems Changes in infrastructure and in CORE Systems Business Continuity Data Security

20 New Processes to Handle the Diversification of Services Reducing Tariffs to Promote Market Growth Responding to the IOSCO Principles Changes in the Service Models Corporate Change in Mutual Funds Institutions Risk & Business Management With Respect to Interest Groups Vertical Integration Principal Achievements in 2013

21 Principal Challenges in 2014 LEI : Local & Global Acceptance DTCC Enhancement of Corporate Governance Implementation of FATCA Colombia, Peru, USA, Chile, Mexico, South Africa, Guatemala Materialize Corporate Mergers Argentina Administration of New Services Tariffs Strategy for Market Growth Increase access to international value chains Enhancements to Corporate Actions processes: ISO Implement PFMI Canada, Colombia, Mexico, Chile, Technological Changes in CORE Systems Internal Changes to Handle Regulatory Modifications Argentina – Brazil Future Initiatives

22 Principal Challenges in 2014 Changes in IT, Risk Management Cevaldom, Technological Change & Growth through Diversification Colombia Paying Agent for all National Securities Bolivia Materialize Corporate Mergers Argentina IT Projects & Future Business Processes “Evolution” – Chile CDR – Repos Jamaica Enhancement of Shareholder Services Chile, Colombia, Bolivia Increased Dematerialization DCV-BCE, USA, Guatemala International Securities Lending Links INDEVAL Merger of the CCPs Brazil Amendment of Company By- laws to conduct corporate structure transformation to a for profit entity Uruguay Future Initiatives

23 Principal Challenges in 2014 Data Security Stimulus for Growth of Medium Sized Companies BMF&BOVESPA Regional Agreements – increase of offers Chile, Bermuda, Colombia, Panamá, DECEVALE, El Salvador Chile, Bermuda, Colombia, Panamá, DECEVALE, El Salvador Strengthening of International Positioning LATINCLEAR Business Continuity Implementing Exchange and Repo Markets Paraguay Services for Collateral/Warranty Management Strate, DTCC Exchange Settlement through Securities Venezuela Reduce Securities Settlement Cycle Strate, DTCC Launching of Trading Platforms MERVAL MERVAL Develop a DVP 2 Model Use of LBTR Guatemala Future Initiatives