Shareholders and Investors

ECLOF Foundation

Address; Yerevan, Republic of Armenia

Participation; 73.12%

Activity type; Non-Profit Loan Fund (Investing in Microfinance Organizations)

ECLOF International Foundation

Address; Geneva, Swiss Confederation

Participation; 26.88%

Activity type; Non-Profit Loan Fund (Investing in Microfinance Organizations)

ECLOF UCO LLC has no shareholders with small participation shares and does not want to declare the information specified in subitem 3 of article 25, regulation 8/03.