Case Studies DARA | Page 5

About FEAS: The Federation of Euro-Asian Stock Exchanges was established on May 16, 1995 in Istanbul by 12 founding Exchanges. On May 16, 2017 Armenia was chosen as a new host country for the Federation. Currently there are 36 members in the Federation from over 20 countries. The purpose of the Federation is to contribute to the cooperation, development, support and promotion of capital markets in the Euro-Asian Region. Address: 5b Mher Mkrtchyan, 0010, Yerevan, Armenia Phone: +374 44-737-727 E-mail: [email protected] Website: www.feas.org DISCLAIMER: FEAS® is a registered trademark of Federation of Euro-Asian Stock Exchanges. The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. Neither FEAS, nor any of its members makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Actual results may differ materially from those expressed or impli ed. Past performance is not indicative of future results. Links to FEAS case studies from external sources are allowed, however any other re-distribution of such content for commercial purposes is strictly prohibited. ADVICE FROM SECURITIES PROFESSIONAL IS STRONGLY ADVISED. © 2018. FEAS. All Rights Reserved.