Swift shareholding

Article 9 of the Swift By-laws sets out that any organisation may be considered for admission as a Swift shareholder, if, in the opinion of the Board of Directors, the institution is:

1. involved in the same type of business as the other shareholders, and

2. involved in financial message transmission.

Following approval by the Board of Directors, the admission of an organisation as a shareholder is effective as of the date of its entry in the company share register.

The rights and duties of Swift shareholders derive from the Belgian Company Code and from the Swift By-laws. Shareholding in the company is defined in article 11 of the Swift By-laws.

As per Article 15 of the Bylaws, the Shareholders agree that, since the Company is a cooperative Company, it expects the Shareholders to actively support and contribute to the use of the services of the same company. In the same spirit, shareholders (and other users eligible to become shareholders) are obliged to have such number of shares proportional to their financial contribution for network based services.

Information on shareholding, the Annual General Meeting, and share re-allocations is restricted such that notifications on, or access to, relevant data or tools is only given to those contact persons specifically registered for that purpose. It is therefore of utmost importance that each shareholder ensures that its contact details are kept up-to-date at all times.

• For questions about Swift shareholdings, please contact shareholding@swift.com