Candor Wealth Catalysts

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1 Candor Corporate Profile Stock Broking Asset Management Investment Banking

2 The importance of been Candor Making the right investment call, or taking the right investment decision can range from being pedestrian to challenging, to even daunting at times. Given today s New Normal economic environment, getting the investment call Right in financial markets requires more than sheer luck. We at Candor believe in the power of investing to transform people s lives. It is all about understanding the complexities and intricacies of today s capital markets and looking after the best interest of our clients. A marketbased practical knowledge gives us the ability to identify opportunities, however subliminal they may be, and present them to our clients. As the name suggests Candor - frank, straightforward, and candid, is who we are and how we serve our clients. Our experienced and results-driven team is fully cognizant of the macroeconomic measurements and capital market dimensions that we operate in. Candor is pertinently positioned to leverage on its core competencies to provide the maximum return to its investors whilst at the same time minimize their risks by being aware of the potential headwinds that counteract the financial markets today. This is what we do as wealth catalysts. Candor Vision To be the market leader in every business we operate. Candor Way of Doing Business Our businesses are built on three vital elements of Trust, Quality and Professionalism.

3 Who we are We are a fully fledged financial services company based in Colombo, Sri Lanka. Candor came into commercial existence with EPIL s acquisition of Heraymila Group, Sri Lanka in May 2013 which was in operation since Candor s immediate parent is Dubai International Financial Centre (DIFC) based and DFSA regulated Eagle Proprietary Investments Limited (EPIL). Our ultimate parent is the National Industries Group (NIG), one of the largest listed companies on the Kuwait Stock Exchange. Candor s business domain is strengthened with operating licenses comprising of Stock Brokering, Asset Management, investment Manager and Margin TradingCorporate Finance, all vital cogs in Sri Lanka s service sector driven macro economy. We are a team of highly seasoned senior banking, capital markets and investment executives with deep rooted personal relationships and market knowledge combined with investment banking, private equity and consulting expertise. Further with world class analytical and transaction execution skills in Dubai and Colombo the team accounts for over 150 years of cumulative market experience. Known in the market for our benchmark ethical standards, our focus has always been on building long term relationships with our clients, employees and regulators. We have the expertise in servicing local institutional, high net worth and retail clients, foreign institutional and individual clients, also small and medium family office businesses. + Candor Equities Limited + Candor Asset Management (Private) Limited + Candor Capital (Private) Limited + Candor Shared Services (Private) Limited

4 Our Dynamic Parentage The establishment of National Industries Group Holding (NIG) goes back to 1960 with a single yet powerful objective: to contribute to the growth of Kuwait and the progress of its people. Today, after half a century of passage, the Company s then motto not only stands the test of time but also has strong resonance to Kuwait s macroeconomic fundamentals. NIG with its beginnings as a building materials manufacturing company has grown leaps and bounds to become a leading conglomerate with diversified assets in excess of USD 5 billion and a wide spectrum of interests ranging from Building Materials, Petrochemicals, Oil & Gas Services, Mechanical Industries, Utilities, Real estate, Infrastructure, and Financial Services Candor has its roots in the GCC region, with its parent company EPIL based in Dubai, UAE, which is a whollyowned subsidiary and international investment arm of Kuwait based NIG. Located in the Dubai International Financial Center (DIFC), EPIL s core business focus is on the financial services industry and related sectors. Since its foundation in 2008, at the height of the global financial crisis, EPIL has followed a strategy of seeking out viable opportunities, which not only add a symbiotic dimension to the company s business model but also fall within the framework of a globally diversified portfolio comprising of both mature and emerging markets with a geographical reach from Far-East to the West EPIL has made its investment foray comprising of high - growth potential companies in mainland China and in the USA. The acquisition of the Heraymila Group in Sri Lanka and the subsequent re-branded Candor Group represents the first investment venture in the Indian sub - continent.

5 Our Services CANDOR EQUITIES LIMITED Candor Equities Limited (CEL) is the stock broking arm of Candor Group, which is committed to building strong, mutually beneficial client relationships with both local & international high net worth, retail, institutional and family office businesses. To achieve this, we undertake a top-down approach, in which we carry out in-depth macroeconomic research to identify sectors that are expected to outperform the market and then focus on the listed equities within these sectors. Our equity analysts employ a systematic and a fundamental approach, strongly supported by the continued dialogue with company management to generate high-conviction trading ideas for our clients. Candor Equities is well-equipped with the platform to provide innovative trading strategies, advanced dealing and electronic trading capabilities. We also provide increased access to margin capital and can offer our clients customized brokerage fees while adhering to Colombo Stock Exchange regulations. Our industry research analysts closely follow the developments in the market and provide timely special reports, periodic reports and stock screens, which provide both strategic and tactical investment ideas CANDOR ASSET MANAGEMENT (PRIVATE) LIMITED Candor Asset Management (Private) Limited (CAM) is the asset management arm of the Candor Group. CAM was set up to manage Sri Lankan equity and fixed income portfolios for local and international high net worth, retail, institutional clients and family office businesses. We are licensed by the Securities and Exchange Commission of Sri Lanka to manage unit trust funds and private portfolios, and we currently manage Sri Lanka focused unit trust funds inclusive of conventional and Shariah compliant funds. The company hopes to broaden its product portfolio to include more vibrant unit trust funds in line with client demand and market trends. Our investment and operations teams bring in a wealth of fund management and unit trust management experience into CAM. The fund managers have over 25 years combined experience in unit trust and private portfolio management and possess a strong grasp of the local financial markets. The operations team has over 30 years of combined experience in unit trust back office and middle office functions.

6 Our Services CANDOR CAPITAL (PRIVATE) LIMITED Candor Capital (Private) Limited (CCL) is the newly formed corporate finance and advisory arm of Candor Group, which also holds the license to provide margin lending facilities. With the strong backing of its Middle Eastern parent, Candor Capital commenced Corporate Advisory/Investment Banking and Margin Trading activities in Sri Lanka, adding value to Candor Group s mission to be a leading full-service financial services house in the island. Candor Capital plans to make a tangible difference in the local capital markets by providing unique and innovative solutions to financial needs and business requirements of local corporates and government institutions. Given our wellestablished networks of contacts and access to resources through our parent EPIL, we believe that we have a competitive advantage to deliver value to our clients. Under investment banking functions, we plan to focus on Fund raising through conventional, structured or Islamic products, Real estate/leisure M&A advisory and Private equity investments and advisory, etc. In addition to investment banking, Candor Capital will engage in providing margin facilities to Candor Equities clientele at highly competitive rates, under prudent risk management principles. We plan to offer both conventional and Islamic margin lending facilities under this service. CANDOR SHARED SERVICES (PRIVATE) LIMITED Candor Shared Services (Private) Limited (CSS) is the shared services and outsourcing arm of Candor Group, which currently provides innovative, responsive and cost effective support services to the Group companies. CSS strives to provide substantial cost efficiencies to clients outside of the Group, by utilizing BPO best practices, standardization, introduction of modern technology and bringing in continuous process improvements. Services currently offered by CSS to Candor Group companies include IT Support Services, Financial Accounting, Fund Accounting, Registrar Services and Compliance Services.

7 Our Affiliates + NI Group (NIG) fully owns EPIL & EIL + Diversified Conglomerate with global investment portfolio + Largest listed investment holding company on KSE + With over USD 5 Billion in Assets + Part owned by Government of Kuwait (7.3% stake as of 2013) + Strong network of subsidiaries and related companies spanning numerous industries globally DIFC registered company focused on making direct equity investments into early-to-mid stage companies + Managing strategic investments across USA and Asia + Invest in a diverse range of businesses within the financial industry, from asset managers and consultancies to payment processors and micro lenders DIFC registered, DFSA regulated financial advisory firm, which works in partnership with select firms on a broad range of corporate finance and strategic issues. + Offer a range of financial services including financing and restructuring advisory and M&A advisory. + A new model firm headquartered in New York, and represented in Dubai, Accordion is a specialized financial services consulting firm that executes critical cost effective operational and transactional execution on a project basis. + Over 90 clients since founding in Awarded M &A Services Firm of the year by ACG in 2011 and Awarded Consulting Firm of the Year by ACG in

8 Board of Directors Ahmad Hussain Group Chairman Chief Executive Officer of the National Industries Group (NI Group) Kuwait, the largest listed private sector conglomerate in the KSE; Has a wealth of experience and well renowned personality in the business community in Kuwait; Served as Finance Manager in the group since 1982; Responsible for overseeing the financial management of the company to ensure consistent growth and profitability; Member of several boards, including serving as Vice Chairman at Stratergia Investment Company, National Industries Company KSCC, Proclad Group Ltd., FTV Proclad and BI Group. Rajiv Dvivedi Group Director Over 35 years of experience in the global finance industry working with Citigroup; Has held several positions as a part of the Citigroup of companies which include, Head of Gulf Financial Institutions, Corporate Banking and Senior Credit Officer; Responsible for a portfolio worth US$ 11bn in the Middle East and North Africa as a part of Citigroup s Corporate and Investment Bank; Serves on several boards including Accordion Partners (New York), China Risk Finance (China), Shanghai Harvest Network Technology (China), Eagle Investments Limited (Dubai) and Amana Bank (Sri Lanka); Holds a Masters in Finance from the Long Island University. Sharon D Souza Group Director Over 19 years of experience in the finance industry working with Citibank and Eagle Proprietary Investments Limited, out of which over 14 years have been in Citibank; Played a lead role as part of the Senior Management that started and built the Citibank Kuwait Franchise; Responsible for setting up Eagle Proprietary Investments Limited in 2008 in the DIFC in Dubai, UAE and Managed the company as its Chief Operating Officer; Diverse experience range from compliance, Risk Administration, Operation Management, Business Systems and Technology Management; Holds a Bachelor of Commerce in financial Accounting from Bombay University and holds an ICA International diploma in compliance awarded in association with the University of Manchester, Business School.

9 Board of Directors Ravi Abeysuriya, CFA Group Director / CEO Over 24 years of extensive experience in top management positions working with Candor Asset Management, Hayleys Group, Amba Research, Fitch Ratings and JP Morgan; Responsible for establishing highly successful companies such as Fitch Ratings Lanka and Amba Research (recently acquired by Moody s) in Sri Lanka; Diverse experience into private equity investments, investment banking, credit rating and investment research outsourcing; He was appointed twice as a commission member of the Securities & Exchange commission of Sri Lanka; Director of Sri Lanka Insurance Corporation, Sri Lanka s Largest Insurance company Chairman of Investment Committee (responsible for managing a Rs.60 billion Equity & Fixed Income Portfolio); Holds a MBA from Monash University, Australia, Fellow Member of the Charted Institute of Management Accountants, UK and a Chartered Financial Analyst (CFA) - of CFA Institute, USA. Key Personnel Ryan Perera Group Deputy Chief Executive Officer Over 17 years of experience primarily in banking sector, working with Hatton National Bank PLC, Standard Chartered Bank and Pan Asia Banking Corporation PLC, with over 6 years in senior management roles, dealing with high net-worth clients for over 9 years; Responsible for setting up and heading the Private Banking (HNWI) Business, Prime Banking (Mass Affluent) Business and the Japanese Business segments for Pan Asia Bank, with combined portfolios in excess of LKR 18 Billion as at Dec 2013; One of the key members in senior management that significantly transformed the Pan Asia Bank in He was a member of the Bank s Senior Management Committee, Senior Management & Retail Management Teams until leaving the bank in Dec 2013; Holds a Masters Degree in Business Administration from the University of Western Sydney (UWS) Australia, Fellow of the Chartered Management Institute UK and Member of the Association of Business Executives UK; Executive Committee Member of Chartered Management Institute, Sri Lanka Branch and former Rotarian of the Rotary Club of Colombo North; Winner of the Merit Award for Business Leadership Australian Government Trade Commission (Austrade), presented at the Australian Alumni Excellence Awards 2015.

10 Key Personnel Yaveen Jayasekara Group Chief Strategy Officer Over 7 years of Post Qualifying experience in the Investment Banking Industry working with Acuity Partners (Joint Venture Investment Bank of Hatton National Bank and DFCC) as the Group Strategist and Guardian Acuity Asset Management (Joint Venture of Ceylon Guardian Investment Trust and Acuity) as the Head of Business Development and Marketing; Also experienced in Deal Origination, Initial Public Offerings (IPO s), Private Placements, Financial Modeling, Stock Trading, Mergers & Acquisitions, Involved in the Equity raising of several firms in recent times with the cumulative deal size exceeding LKR 11 Billion; Holds a BSc. (Hons) in Computing and Information Systems from the London Metropolitan University and completed the Chartered Institute of Management Accountants Examinations (CIMA UK); Completed Post Graduate Diploma in Business Management from the University of Colombo and has the Investment Advisor Certification from the Securities and Exchange Commission of Sri Lanka and at present is a Level 2 candidate in the CFA program and reading for a PhD in Finance from the University of Colombo. Shazil Ismail Group Chief Operating Officer Over 13 years of broad industrial and service sector experience, backed by multi-disciplinary capabilities in Finance, Marketing, Human Resources, IT and Operations working with Ernst & Young, Brandix and Bharti Airtel Lanka; An Associate member of Institute of Chartered Accountants SL, Chartered Institute of Management Accountants UK and Chartered Institute of Marketing UK; With over 13 years of lecturing experience both locally and overseas for professional exams such as CIMA, ACCA and ABE. Ravi Amarasinghe, CFA Chief Investment Officer - Asset Management Over 15 years of experience in Capital Markets working with Candor Asset Management, National Asset Management Limited (NAMAL) and Bartleet Mallory Stock Brokers; Responsible for setting up the Fund Management arm of the Candor Group; Fund Manager of Sri Lanka s first listed Equity Fund, Money Market Fund and Shariah Compliant Fund; Experience in managing unit trust funds, provident funds and close ended fixed income funds; The Shariah-Compliant Fund managed under him beat 299 Shariah Funds around the world to emerge as the best performing fund in the year 2010; Holds a Bachelor s Degree in Business Administration and is a CFA Charter holder.

11 Key Personnel Mohammed Riyas Director Sales Equities With a stockbroking career spanning over 20 years, was instrumental in bringing Heraymila Investments to Sri Lanka and in the subsequent formation of Heraymila Securities Ltd. Was the Director (Sales & Business Development) at Amana Securities Ltd, before its acquisition by Heraymila Investments; Was the Assistant General Manager at Lanka Orix Securities Ltd, a local brokerage Company; Holds diplomas in Computer Programming, System Analysis and Design, and Micro Computer Technology from City and Guilds of London Institute, UK. Pasindu Perera Head of Research With over 12 years experience, primarily in banking & finance, working for Asha Phillip Securities Ltd, Pan Asia Banking Corporation PLC, Seylan Merchant Bank PLC and Hatton National Bank PLC; Experienced in handling Investment Banking transactions and was involved in the Corporate Restructuring Plans of Asha Phillip Securities Ltd; Initiated and spearheaded the setting up of Margin Trading operations for a incorporated subsidiary, Asha Financial Services Ltd; Senior Lecture in Banking & Finance for University of London B.Sc international programs, Advance Financial Management (P4) for ACCA (UK); Resource person for various investor forums organized by Colombo Stock Exchange (CSE) and was one of the speakers on stock market performance for the Prathilaba investor educational television program sponsored by Securities & Exchange Commission; Holds a B Sc. Human Resource Management (Special) from University of Sri Jayawardanapura, Associate Member of Chartered Institute of Management Accountants (UK) & Associate Member of Certified Management Accountants (SL). Nipuni Fernando, Attorney-at-Law Legal and Compliance Officer Was employed as a General Counsel at the Legal Department of Bharti Airtel Lanka (Private) Limited for a period of over 2 years; Worked for 4 years at the law firm, Julius & Creasy, Sri Lanka as an Instructing Attorney mainly advising foreign corporate clients on Intellectual Property and Corporate Law matters, including handling of Commercial Litigation; Has over 6 years expertise in the fields of Commercial Law including Intellectual Property; Holds a Bachelor of Laws Degree from the Faculty of Law, University of Colombo, Sri Lanka and a Masters in Law in International Trade Law, from the University of Wales. She is a registered Trademark Agent and a Company Secretary.

12 Contact details KEY PERSONNEL Ravi Abeysuriya Director / Group CEO m : e : ravi.abeysuriya@candorh.com Ryan Perera Group Deputy CEO m : e : ryan.perera@candorh.com COMPANY Candor Level 8, South Wing Millennium House 46/58, Nawam Mawatha Colombo 2, Sri Lanka t : f : PRINCIPAL Eagle Proprietary Investments Limited S-2205, Emirates Financial Towers P.O. Box , DIFC, Dubai United Arab Emirates t : f :