Section 9. Logs of the company's internal accounting system

The company fills in the following logs:

1) The journal of Shares in the context of clients of the Panama Fund;

2) Register of Unit holders;

3) Register of Shareholders. The Register of Shareholders is a set of information about the unit holders on a certain date, which allows identifying these holders, as well as the type and number of Units owned. This register is maintained by the Company in terms of reconciliation of the remaining Shares at a certain point in time. Consists of:

1. Name
2. date/time
3. Full name/name of the legal entity 4. Quantity
4. Cost in Euros
5. Amount in Euros