ALEXANDER FORBES FINANCIAL SERVICES HOLDING (PTY) LTD

(b) Prevent that service provider or representativefrom giving an unbiased and fair financialservice to that client, or from acting in theinterests of that client.Including but not limited to:(i) A financial interest(ii) An ownership interest(iii) Any relationship with a third party.EmployeeFAISFinancial interestIncludes permanent employees, temporary employees,independent contractors and employees or contractorsof contracted service providers, of any of the corporateentities forming part of the Group.Financial Advisory and Intermediary Services Actno.37 of 2002 and all regulations, board notices andcodes of conduct issued in terms of the act.A financial interest includes cash, cash equivalent,voucher, gift, services, advantage, benefit, discount,domestic or foreign travel, hospitality, accommodation,sponsorship, or other incentive, or valuableconsideration other than:(a) An ownership interest(b) Training by a product supplier on products,general industry information and technicalsystems, that is not exclusively available to aselected group of FSPs or representativesexcept for travel and accommodationassociated with that training.FSPImmaterial financial interestKey individualFinancial service provider authorised in terms of theFinancial Advisory and Intermediary Services Act2002;Any financial interest with a determinable monetaryvalue, the aggregate of which does not exceed R1 000in any calendar year from the same third party in thatcalendar year received by:(a) A provider, who is a sole proprietor.(b) A representative for that representative’sdirect benefit.(c) A provider, who for its benefit or that of someor all of its representatives, aggregates theimmaterial financial interest paid to itsrepresentatives.A person registered as such in terms of FAIS tooversee and manage the business or representativesof AFFSH.PersonAny natural person, partnership or trust. Includes-anyorgan of state as defined in section 239 of theConstitution of the Republic of South Africa, 1996(Act No.108 of 1996);Version 1 2012Version 1