ICBC Standard Bank Plc Order Execution Policy - Appendix One List of Execution Venues

March 2018

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ICBC Standard Bank

Below is a list of Execution Venues, as noted in sections 8 and 12 of the Order Execution Policy, upon which significant reliance is placed by ICBC Standard Bank Plc when executing client transactions. This list is not exhaustive, as highlighted in section 8 of the Order Execution Policy, is subject to change, and will be re-issued periodically. Cash Equities (Shares, ADR’s, GDR’s) Exchanges (Agency Based Trading) Botswana Bolsa de Valores de Mozambique Bourse De Valeurs Casablanca Bourse Régionale des Valeurs Mobilières Cairo & Alexandria Stock Exchange (“BRVM”) (Côte d'Ivoire) Dar Es Salaam Stock Exchange (Tanzania) Hong Kong Exchange Mauritius Stock Exchange Malawi Stock Exchange Namibia Stock Exchange Nairobi Stock Exchange Rwanda Stock Exchange Uganda Securities Exchange

Exchanges (Riskless Principal Based Trading) Australian Stock Exchange ICBCS Standard Bank Plc Istanbul Stock Exchange Johannesburg Stock Exchange Lagos Stock Exchange Exchange MICEX-RTS NYSE NYSE Arca SWX Europe (Switzerland) Swiss Exchange TSX Venture Exchange (Canada)

Brokers African Alliance Securities Trading Ltd (Pan Africa) BTIG BCS Prime Brokerage Limited () CFG Marches SA (Morocco) Capital Markets Brokers Ltd (Mauritius) EFE Securities Ltd (Zimbabwe) GFI HSBC Bank Egypt SAE (Egypt) ICBC Turkey Yatirim Menkul Degerier SA (Turkey) ICAP Securities Limited IH Securities (Zimbabwe, Tanzania) Instinet Europe Limited Momentum S P Reid Securities Ltd (Pan Africa) Motswedi Securities Ltd (Botswana) Morgan Stanley & Co. International Plc Pharos Securities SAE (Egypt) Pangaea Securities Ltd (Zambia) SBG Securities Limited (Kenya, Rwanda, South Africa) Stanbic Bank Uganda (Uganda, Ghana) Stanbic IBTC Stockbrokers Ltd (Nigeria) Standard Bank SARL (Mozambique) Tunis Valeurs (Tunisia)

On-Venue Derivatives – Exchange, MTF, OTF (Commodities, FX, Interest Rates)

Bloomberg MTF (FX) BGC Brokers LP (FX) CME (Commodities) EBS (FX) Integral FX Inside (FX) Intercontinental Exchange (Commodities) Moscow Exchange (FX) London Metal Exchange (Commodities) Shanghai Gold Exchange (Commodities) Tokyo Commodities Exchange (Commodities) Thomson Reuters (FX) Tullet Prebon (FX) Tradeweb (Interest Rates) 360T MTF (FX)

OTC Derivatives (Credit, Rates, FX, Precious Metal etc)

ICBC Standard Bank Plc

Bonds (Corporate, Government, Super Sovereign and Agency)

ICBC Standard Bank Plc Bloomberg BGC Brokers LP MarketAxess Tullet Prebon

Securities Financing Transactions (Repo, Stockloan etc)

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