Second Party Opinion. Any concerns on the institution’s independence should be disclosed to investors. 2. Verification: An issuer can (or “needs to” in the case of sustainability-linked bonds post issuance

Reporting 15 4.5 Verification 16 5.0 External Review 17 ASEAN Sustainability-Linked Bonds Disclosure Checklist 18 3ASEAN SUSTAINABILITY-LINKED BOND STANDARDS 2022 INTRODUCTION The ASEAN Capital Markets Forum1

of clients? assets: deficiency of the verification process created risk of  damaging client assets. It was found that during August 2014 to March 2015 many clients asked the company to add another

consequently affect confidence in securities business and the capital market at large;      (2) Custody of clients? assets: deficiency of the verification process created risk of damaging client assets. It was

governance), nor the labelling of the SLBs which the final decision is left to CHANEL. This opinion does not constitute a verification or certification. Our opinion is built on the review of the following

) 29 Sites Internal Verification 8 Sites Certified by External Verifier (LPO,RM3,SLY RM9,CWN,UDN,KKN,SMI) 100% Certified of Operation Site by External Verifier 100% Certified of Operation Site by

controls, tracking, reporting and verification Financing assets consistent with achieving the goals of the Paris Climate Agreement. 1 2 3

. Calibration of Sustainability Performance Targets (SPTs) 3. Bond characteristics 4. Reporting 5. Verification The SLBP recommend that issuers publicly communicate their rationale for the selection of their KPI

relating to the financial aspect of business operators, for example, the number of shares held, shareholding proportion, trading account numbers. Verification data: Data for verification purposes, for

an account with, they should seek verification from the firm before making any transactions.? Before making decision to use any wealth management services, investors can check the list of licensees and