1. Turnover and Operating Cash Flow: ANNEX 4 1 (CURRENCY EXCHANGE) The Participant s Weighted Turnover or the Member s or Guarantor s Weighted Average Operating Cash Flow (as the case may be), shall be converted to NIS in accordance with the average exchange rates for the relevant calendar fiscal year, as presented below: a) Annual Average Exchange Rates for End of fiscal year December 31 st : EUR 4.3116 4.2496 4.0622 4.2442 USD 3.8839 3.8406 3.5997 3.5970 GBP 5.9394 5.2101 4.6324 4.7973 RMB 0.6183 0.5780 0.5325 0.5436 AUD 2.9243 2.8554 2.7591 2.6886 RUB 0.0633 0.0573 0.0616 0.0573 b) Annual Average Exchange Rates for End of fiscal year March 31st: EUR 4.6618 4.2768 4.1652 4.1344 USD 3.6895 3.8752 3.7959 3.5299 GBP 5.9364 5.8431 4.9649 4.6825 AUD 3.2180 2.8535 2.8580 2.7318 INR 0.0604 0.0593 0.0566 0.0548 c) Annual Average Exchange Rates for End of fiscal year July 31 st : EUR 4.5037 4.2924 4.0641 4.2234 1 Added as part of Addendum no. 6 dated February 10, 2019.
USD 3.8229 3.8686 3.7151 3.5378 GBP 5.9668 5.6584 4.7106 4.7650 AUD 3.1261 2.8211 2.8106 2.7284 d) Annual Average Exchange Rates for End of fiscal year September 30 st : EUR 4.4494 4.2769 4.0590 4.2206 USD 3.8731 3.8520 3.6794 3.5476 GBP 5.9861 5.4839 4.6565 4.7704 AUD 3.0479 2.8369 2.8021 2.6985 #1252709 Pre-Qualification Forms Page 2 of 6
2. Equity and Assets Under Management: An Entity s equity and Assets Under Management shall be converted to NIS, in accordance with the exchange rates presented below: a) Currency Exchange Rate for December 31 st : Currency 31-12-2017 31-12-2018 EUR 4.1526 4.2916 USD 3.4670 3.7480 GBP 4.6819 4.7934 RMB 0.5321 0.5450 AUD 2.7078 2.6452 RUB 0.0598 0.0538 b) Currency Exchange Rate for March 31 st : Currency 31-03-2017 31-03-2018 EUR 3.8822 4.3288 USD 3.6320 3.5140 GBP 4.5247 4.9442 AUD 2.7814 2.6999 INR 0.0560 0.0540 c) Currency Exchange Rate for July 31 st : Currency 31-07-2017 31-07-2018 EUR 4.1745 4.3004 USD 3.5580 3.6640 GBP 4.6671 4.8233 AUD 2.8369 2.7198 #1252709 Pre-Qualification Forms Page 3 of 6
d) Currency Exchange Rate for September 30 st : Currency 30-09-2017 30-09-2018 EUR 4.1569 4.2156 USD 3.5290 3.6270 GBP 4.7357 4.7385 AUD 2.7612 2.6166 #1252709 Pre-Qualification Forms Page 4 of 6
3. Contract Value for the purpose of Section 4.6 (Project Execution, management and Organization Experience) of the Invitation: For the purpose of Section 4.6 (Project Execution, management and Organization Experience) of the Invitation, the entire Contract Value of the referenced Infrastructure Project shall be converted to NIS based on the average annual exchange rate specified below for the year on which the referenced Infrastructure Project was Completed. For the avoidance of doubt, the foregoing instruction applies only with respect to the method of conversion of the Contract Value to NIS, however, there is no requirement for the Contract Value (or any part thereof) to be paid during the year of its Completion. Currency 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 EUR 5.2585 5.4685 4.9529 4.9781 4.9551 4.7966 4.7477 4.3116 4.2496 4.0622 4.2442 USD 3.5878 3.9326 3.7330 3.5781 3.8559 3.6107 3.5779 3.8839 3.8406 3.5997 3.5970 GBP 6.6179 6.1393 5.7711 5.7358 6.1109 5.6499 5.8883 5.9394 5.2101 4.6324 4.7973 RMB 0.5143 0.5740 0.5521 0.5534 0.6113 0.5875 0.5800 0.6187 0.5780 0.5325 0.5436 AUD 3.0404 3.0990 3.4319 3.6937 3.9936 3.5003 3.2262 2.9243 2.8554 2.7591 2.6886 ETB N/A 0.3252 0.2592 0.2114 0.2175 0.1939 0.1821 0.1889 0.1754 0.1514 0.1312 MYR 1.0777 1.1162 1.1602 1.1707 1.2494 1.1467 1.0943 0.9948 0.9283 0.8375 0.8924 TWD 0.1138 0.1191 0.1185 0.1218 0.1305 0.1217 0.1181 0.1223 0.1192 0.1184 0.1194 Applicable exchange rates for the year 2018 will be published at the end of the fiscal year. #1252709 Pre-Qualification Forms Page 5 of 6
4. Contract Value and amount of External Financing for the purpose of Section 5.4 (Securing Finance for an Infrastructure Project) of the Invitation: For the purpose of Section 5.4 (Securing Finance for an Infrastructure Project) of the Invitation, both: (i) the entire Contract Value of the referenced Infrastructure Project; and (ii) the amount of External Financing obtained with respect thereto; shall be converted to NIS based on the average annual exchange rate specified below for the year on which the financing agreement pursuant to which the External Financing for referenced Infrastructure Project was obtained was executed (signed). For the avoidance of doubt, the foregoing instruction applies only with respect to the method of conversion of the Contract Value and the amount of External Financing to NIS, however, there is no requirement for the Contract Value or External Financing (or any part thereof) to be paid or obtained (as the case may be) during the year in which the financing agreement was executed. Currency 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 EUR 5.2585 5.4685 4.9529 4.9781 4.9551 4.7966 4.7477 4.3116 4.2496 4.0622 USD 3.5878 3.9326 3.7330 3.5781 3.8559 3.6107 3.5779 3.8839 3.8406 3.5997 GBP 6.6179 6.1393 5.7711 5.7358 6.1109 5.6499 5.8883 5.9394 5.2101 4.6324 RMB 0.5143 0.5740 0.5521 0.5534 0.6113 0.5875 0.5800 0.6187 0.5780 0.5325 AUD 3.0404 3.0990 3.4319 3.6937 3.9936 3.5003 3.2262 2.9243 2.8554 2.7591 4.2442 3.5970 4.7973 0.5436 2.6886 Applicable exchange rates for the year 2018 will be published at the end of the fiscal year. (***) #1252709 Pre-Qualification Forms Page 6 of 6