Investor Account Services allows retail investors to directly open and maintain accounts in Central Depository System (CDS) for safe custody and electronic settlement of securities. Earlier, to settle the securities through CDS, investors had to open client accounts (sub accounts) with the CDS Participants (brokers & financial institutions). With Investor Account Services, investors can now have direct access to their account.

Investor Account, like sub account, is an electronic account in which investors can keep their book entry securities. Investor Accounts are under complete control of CDC and are operated on direct written instruction of the Investor Account Holders. Sub Accounts, on the other hand, are maintained and operated by CDC Participants (third party) on behalf of the sub account holders. In short, CDC directly controls Investor Accounts whereas sub accounts are controlled by CDC Participants.

Investor accounts are safe and secure as they are directly maintained by CDC • Investor Accounts are operated directly and only on written instructions of investor(s). Therefore, investors have direct and complete control over their book-entry securities • Account balance and other information is available through CDC access Interactive Voice Response (IVR), Web service and SMS alerts.

The following are eligible to open Investor Account with CDC: 1. Individuals (Pakistani nationals as well as foreigners) who; • are not minor • are of sound mind • have not applied to be adjudicated as an insolvent, have not suspended payments and have not compounded with their creditors • are not undischarged insolvent. 2. Other than Individuals such as corporate entities, societies etc.

To open an Investor account, you need to fill out the Investor Account Opening Form, which can be obtained from the CDC Investor Account Services department located in Karachi, Lahore and Islamabad. The form can also be downloaded from the CDC Website (www.cdcpakistan.com) or through written request or by calling CDC Customer Support Services at 0800 – CDCPL (23275).* You are required to submit the application form along with the other required documents. Once your account has been opened you will be provided with an Account Opening Package. Physical presence along with the original CNIC of the Account Holder and Joint Account Holders, if any, is necessary at the time of account opening for residents of the cities where CDC offices are present. In other cases, the copy (ies) of CNIC (s) being submitted must be signed by the manager of any Commercial Bank or by the nearest embassy in case of Non-Resident Pakistanis and Foreigners. * For overseas callers: +9221-34326038

Account Opening Package provided on opening an Investor Account includes the following items: • Transaction Order (T.O.) Book • Account Setup Detail (registration details) • CDC access – IVR and Web User Guides / Flyers and SMS • CDC access Registration Form.

Individual accounts are opened within 24 hours whereas corporate accounts are opened within 48 hours (Incase of cheque, the account will be opened after its clearance) after which you can start using the services of IAS.

As many as four persons can jointly open an account. Once the account is opened, the joint account holders can neither be added nor removed.

You can avail the following services: • Receipt and delivery of book entry securities (settlement of book entry securities) • Subscription of securities directly through the Investor Account • Credit / Receipt of any corporate action on the securities • Account Balance Statement on quarterly basis • Account Balances and Activity Report available round-the-clock through CDC access – IVR and Web services (registration required) • Deposit of securities into CDS • Withdrawal of securities from CDS • Pledging of securities

For conversion of physical securities into electronic book entry securities, the clients are required to submit Securities Deposit Form (SDF) along with security certificates & verified transfer deeds bearing share transfer stamp to front desk of IAS department. IAS sends these certificates & transfer deeds along with a copy of SDF to the respective Issuer or Registrar / Transfer Agent (R/TA) and simultaneously places a deposit request from the concerned Investor Account on behalf of the account holder. After completing verification process, the Issuer / R/TA accepts or rejects the request and only in case of acceptance, the securities are credited to the respective Investor Account. The security certificates can also be deposited through Participants and are transferred subsequently to your account in IAS on your instructions to the Participant. Only those securities certificates can be deposited in an Investor Account which are beneficially owned by the Investor Account Holder(s).