Regulations Governing Securities Investment Trust Fund Beneficiaries Meetings Article 18

Upon receiving written documents (including ballots), the convener of the beneficiaries meeting or the convener's appointed registrar and transfer agent for beneficial interest certificates shall affix document receipt stamps recording the date thereupon, and shall compile a register of beneficiaries, record the account numbers, full names, and number of beneficial interest units. After authenticating and opening the ballots, it shall provide them to the on-site monitors for review, and to the recording secretary for tallying.To authenticate and open beneficiaries meeting ballots, the recording secretary shall record in the register of beneficiaries the written or electronic declarations of intention, and the number of voting rights represented thereby. After all the ballots are recorded, the recording secretary shall announce the results of tallying, and report them to the monitor for recordation.The procedures for conducting a beneficiaries meeting vote in writing shall be drafted by the SITCA and submitted to the FSC for approval.