Inception Agreement

. Subject to the conditions of this directive, you are covered by legal liability • caused by or the resulting events; • in the normal course of your business; • the date of retrospective creation; • The right is first invoked against you during the insurance period and • It is not prohibited by law to get rid of or settle the right. In the event that the full premium due on the aforementioned creation date or before the aforementioned creation date is not fully paid by the company (or the intermediary through which this directive or obligation was contracted), the policy, loan, renewal certificate, cover note and approval cannot be added and no benefit will be paid by the company. The comprehensive income statement, the balance sheets repayable to redeemable unitholders and the capital flow account are valid for the years ending August 31, 2020 and August 31, 2019, with the exception of funds or classes established during both periods, the information presented being from the date of incorporation or the date of incorporation ending August 31. 2020 or 31 August 2019.These annual accounts were published by the Director on 5 November 2020. Notwithstanding the provisions contained therein, but which are subject to clauses 2 and 3 of this Agreement, it is agreed and declares that the total premium due shall be paid and actually paid by the undertaking (or through the intermediary through which this Directive or such borrowing was made) on or before the date of incorporation (“date of incorporation”) of the cover under the Directive. Loans, renewal certificates, hedging certificates or endorsement. . . .

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