BlackRock (Singapore) Limited (the "Manager") is part of the BlackRock group of companies, the ultimate holding company of which is BlackRock, Inc., which provides investment management services internationally for institutional, retail and private clients. The Manager was incorporated in Singapore with limited liability on 2 December 2000 with its registered office at Twenty Anson, #18-01, 20 Anson Road, Singapore 079912. The Manager is regulated by the Authority and holds a capital markets services licence for fund management and dealing in capital markets products (in relation to securities, exchange-traded derivatives contracts, over-the-counter derivatives contracts and spot foreign exchange contracts for the purposes of leveraged foreign exchange trading) under the Securities and Futures Act. The Manager was established to provide fund management and advisory services for clients in the South East Asia region and has managed collective investment schemes and/or discretionary funds since 2001.