corporate structure
                                                                                                                                                           
(1) Rasmala Investment Bank Ltd. is regulated by the Dubai Financial Services Authority
(2) Rasmala Investments Saudi CJSC is regulated by the Saudi Capital Market Authority
(3) Rasmala Egypt consists of Rasmala Egypt Securities S.A.E. (54.9%) and Rasmala Egypt Asset Management S.A.E. (51.0%), both are regulated by the Egyptian Financial Supervisory Authority
(4) Rasmala Investments Oman LLC is regulated by the Omani Capital Market Authority