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Guarantee claims are submitted by financial institutions in form ECGS 2 provided for in the framework guarantee contract All guarantee claims are submitted by the head office of the financing institution. In addition, Scotiabank and EDC have entered into a framework guarantee agreement for Grupo Scotiabank in Mexico, under which EDC guarantees the loans that our Mexican subsidiary provides to its local customers. The following events are indicated as additional conditions for the effectiveness of the loan agreement within the meaning of section 12.01 (c) of the General Terms and Conditions of Sale: (a) the borrower has adopted an operating manual satisfactory to the bank; and (b) a framework guarantee agreement satisfactory in terms of form and content for the bank, concluded with and provided by a PFI, and any conditions precedent for its effectiveness, if any, fulfilled or adopted. We want EDC to extend our Master Guarantee Agreement in Mexico to our subsidiaries in other markets, possibly as part of a similar agreement. The following point is indicated as an additional matter within the meaning of Section 12.02(c) of the General Terms and Conditions of Sale, which shall be included in the notices or observations to be provided to the Bank, namely that the Framework Guarantee Contract referred to in Section 5.01(b) of this Agreement has been duly approved and executed by the Parties and is legally binding under its terms. . . .

Guiraum

Phone: 627682254
Calle Margarita Xirgú, 5 1º A