To:  ACCOUNT_JOB_COMPANY (the "Company")

ACCOUNT_JOB_ADDRESS_MULTI_LINE

Dated: 26 December 2024

Dear Sirs / Madams,

Authorisation to Operate a Discretionary Account 

Re: Account Name ___________________________________________

Account No(s) ___________________________________________ (“the Account”)

I/we hereby specifically requested the opening and maintaining of a Discretionary Account with you. I/we have authorised and designated you or your employee _______________________ to effect Transaction in securities dealing for me/us on terms of the Client Agreement at your absolute discretion and at my/our risk. The discretionary authority granted to you or your designated employee will be restricted to trade execution only. Your Settlement Team will contact me/us directly for settlement of transactions. 

I/We hereby confirm that I/we need to confirm with you at least on an annual basis whether I/we wish to specifically revoke this authority even in the absence of your notification to me/us.

I/We further confirm that actions undertaken by you within the scope of the Cash Client’s Agreement are legally binding upon me/us and that the Transaction results are solely for the benefit of me/us and at my/our own risk.

Dated the day of 20   .

SIGNED, SEALED AND DELIVERED BY: WITNESSED BY:

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