Fiduciary Services. Our knowledge and expertise helps us to provide the best solutions. Services. Company formation, administration and accounting

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2 Fiduciary Services New Street Management Limited provides trust and corporate fiduciary services and is licenced by the Guernsey Financial Services Commission. We provide institutional and private clients with complete formation, administration and accountancy services for corporate and trust structures. We service complex global structures and concentrate on our fundamental trustee, corporate and administration roles. We work with intermediaries in the investment and banking fields allowing us to diversify and spread risk whilst optimising the security of our clients assets. Services Company formation, administration and accounting Trust establishment, administration and accounting Limited partnerships Special purpose vehicles Family trust administration, full trusteeship services Company administration including offshore property holding vehicles and trading companies Charitable trusts Private trust company structures Foundations Liquidations QROPs, QNUPs, IPPs Our knowledge and expertise helps us to provide the best solutions

3 About New Street Management New Street Management Limited is an owner managed independent trust company based in Guernsey. We administer a wide range of trust and corporate asset holding vehicles for a diverse client base. Our clients are located across the Middle East, Eastern Europe, South America and the Far East with a significant proportion of our business deriving from the GCC states. The structures we administer can be tailored to meet the specific requirements of our clients and the types of entities used include discretionary trusts, companies, foundations, partnerships, private trust companies and pension schemes. The type of structure employed will depend on the assets being acquired, the legal and tax advice both in relation to the client s home jurisdiction and the location of the assets and the beneficiaries. New Street Management works closely with our clients trusted advisers to implement the structuring advice in an efficient and professional manner. New Street Management is led by a management team who average more than 20 years each working in the Guernsey finance industry. For more information on how New Street Management can assist, please contact us on +44 (0) or visit the website nsmtrust.com In addition to traditional trust and company structures, the introduction of The Foundations (Guernsey) Law in 2012 has offered clients the choice of a different type of legal structure which allows the Founder to retain influence over the activities of the Foundation. Whilst many characteristics of a foundation are also found in a discretionary trust the additional oversight provided through the role of the Council and the Guardian mean that foundations are very well suited for either family asset protection or charitable purposes. We are increasingly seeing Sharia compliant structures being utilised and New Street Management works closely with a number of Middle Eastern and European banks on Islamic financing solutions to assist with asset acquisitions. The team at New Street Management have a particular focus on real estate and have been involved in many property transactions including residential and commercial developments and long term investments in the UK, across Europe and in the US. Over the past decade the trust industry has witnessed a significant move away from tax driven structures towards asset protection vehicles and whilst tax efficiencies can still be found this tends not to be the main driving factor anymore. At the same time we have seen an increasing level of regulation around the fiduciary sector that reflects increased regulations globally in relation to anti-money laundering legislation. Guernsey has a highly stable political environment with a well-established legal system and a high level of regulatory oversight which enhances the jurisdiction s reputation as an ideal location for trust and corporate services.

4 Biographies Senior Management Team Simon Graham Managing Director, New Street Management Limited Simon began working in the Guernsey Finance Industry in 1992 at the accountancy practice BDO after graduating from Newcastle University with a degree in History. At BDO Simon was appointed as a director of the tax and trust companies in 2003 and serviced a varied portfolio of local and offshore clients until leaving in 2012 to join Legis and co-found New Street Management Limited. Simon has a particular focus on property structures and between 2003 and 2011 Simon was a director of a Guernsey based privately held property company focussed on high value residential developments and investments. During this time Simon acted for a number of SPVs that were actively involved in several high profile property transactions in London, Monaco and LA. Simon s role as a trust director involves the provision of trustee services, directorships of client companies, as well as guardianship and executorship services. Simon has previously served for a number of years on the board of a fund administration business, licensed and regulated by the Guernsey Financial Services Commission, he is a former co-editor of Tolley s Taxation in the Channel Islands and Isle of Man and he is a member of the Chartered Institute of Taxation. Simon is recognised in the Citywealth Leaders List and listed as a Leading Accountant Prominent Figure. Nicola McGall Director, New Street Management Limited Nicola joined New Street Management as a Trust Director in August 2016 having worked in both the Private and Corporate Fiduciary market in Guernsey for over 20 years. Nicola spent 9 years as a Director at RBC, prior to which she worked for a locally owned independent fiduciary company. At RBC Nicola was responsible for a complex portfolio of both corporate and private client relationships specialising in International Pension Plans, Savings Plans, QROPS, QNUPs and associated bespoke structures in the Middle East. Nicola managed a large team of client facing fiduciary specialists and became the key point of contact for both clients and their advisors. Nicola has served on boards of licensed trust companies together with client companies and fund structures. Nicola s role as trust director involves the provision of trustee services and directorships of client companies as well as leading New Street Management s international pension and EBT offering. Nicola graduated from the University of Sunderland in 1994 with a first class honours degree in Environmental Science and became an Associate of the Chartered Institute of Secretaries in Adrian Relph Director, New Street Management Limited As a Director at New Street Management Adrian has over 23 years experience in the finance industry with specialism in private client trust and corporate administration. Having worked in both large and small organisations Adrian firmly believes that being owner managed has significant advantages for clients. "The management team at New Street make quick pragmatic decisions, there are no external reporting lines to complicate and frustrate the process". Adrian started his career with Kleinwort Benson in 1993 within the Trust Division before moving to Deutsche Bank in Adrian qualified as an Associate of the Chartered Institute of Bankers ("ACIB") and gained the Society of Trust and Estate Practitioners qualification ("TEP"). During his 10 years with Deutsche Adrian held senior management positions within the Guernsey and Geneva office, with particular focus on Latin America. In 2009 Adrian joined a new, highly experienced management team at Legis Group with the aim of carrying out a management buyout of both the Trust and Fund Divisions, which was achieved in During his time at Legis Adrian had specific responsibility overseeing a complex portfolio of clients including trust, companies, foundations, PTC's, MTC 's along with family office relationships. With the acquisition of Legis Trust by Butterfield Bank in 2014 Adrian spent 3 years as part of the senior management team managing some of the more demanding client relationships and ensuring a successful integration of the business. April 2017 saw Adrian join New Street Management with responsibility for overseeing the smooth and efficient running of the Private Client offering. Paul O Neill Director, New Street Management Limited Paul began working in the Guernsey Finance Industry in 2001 after graduating from the University of Ulster with a Law degree. Paul qualified as a Chartered Tax Adviser in 2005 and is also a member of the Association of Tax Technicians. Paul s career commenced with PricewaterhouseCoopers in Guernsey and resulted in Paul moving to PwC s Investment Management and Real Estates Team in London where he was responsible for providing tax advice on Funds and Real Estate Structures. On his return to Guernsey Paul joined BDO Tax Limited where he was promoted to director in the Private Client Department. In addition to his role as Tax Director Paul assumed responsibility for business development in the MENA Region which included spending six months in the Middle East and retaining responsibility for growth in the Region on his return to Guernsey. Paul joined Legis in 2012 and co-founded New Street Management Limited where he is responsible for a wide ranging portfolio of high net worth individuals, trusts and corporate entities. Paul is recognised in the Citywealth Leaders List and listed as a Leading Accountant Prominent Figure. Brian O Mahoney Non-Executive Director, New Street Management Limited Brian joined Legis in January 2011 and has served as a Non-Executive director of New Street Management since March 2016, bringing with him over 20 years of experience in the finance industry. Having moved to Guernsey as a newly qualified accountant in 1994 Brian has worked in auditing, private banking and wealth management. During this time he has held a number of senior roles with responsibilities in both the Channel Islands and London including that of Chief Financial Officer for Kleinwort Benson s Channel Islands operations. Brian is a Fellow of the Institute of Chartered Accountants in Ireland and holds an MBA from the Manchester Business School. Bruce Currie Consultant, New Street Management Limited Bruce was educated at George Heriots School in Edinburgh, Scotland. He moved to Guernsey in 1990 and since that time has worked within the Financial Services industry on the Island. Bruce joined New Street Management Limited in July 2017 having previously been a director of Liberation Management Limited, a Guernsey based trust company that was acquired by New Street. Bruce together with his administration team will continue to service his existing client book whilst working with the business development team to grow the service offering at New Street. Bruce has over twenty years of practical experience, specialising in a broad range of Trust and Company issues with particular emphasis on liaising with private clients and their professional advisors and ensuring that detailed practical recommendations received are implemented efficiently. Bruce has been a member of the Society of Trust and Estate Practitioners (STEP) since 1999, the Institute of Chartered Secretaries and Administrators (ICSA) since 1992 and a member of the International Compliance Association ( MICA) since 2012.

5 Contact Details Simon Graham CTA Managing Director T: +44 (0) E: Nicola McGall ACIS Director T: +44 (0) E: Adrian Relph ACIB, TEP Director T: +44 (0) E: Paul O Neill CTA Director T: +44 (0) E: paul.oneill@nsmtrust.com Brian O Mahoney FCA MBA Non-Executive Director T: +44 (0) E: brian.omahoney@nsmtrust.com Bruce Currie TEP, Dip ICSA, MICA Consultant T: +44 (0) E: bruce.currie@nsmtrust.com

6 Our experience in servicing complex structures gives us an in-depth understanding of the challenges our clients face. PO Box 20 Les Echelons Court Les Echelons St Peter Port Guernsey GY1 4AN T: +44 (0) E: