Compliance Policy And Statement

International Development Bank, UAE (IDB) is unwavering in its commitment to upholding the highest ethical
standards and adhering to all applicable laws and regulations pertaining to anti-money laundering (AML), combating
the financing of terrorism (CFT), and preventing the proliferation of weapons of mass destruction (PF). IDB
recognizes the significance of safeguarding its reputation and protecting the integrity of its operations. As such, IDB's
management takes full responsibility towards its shareholders to ensure that the Bank implements robust risk
mitigation strategies and maintains a robust framework of policies, procedures, internal control systems, and
ongoing monitoring mechanisms to effectively manage and mitigate the risks associated with ML, TF, and PF.
This policy serves as a cornerstone document that outlines IDB's comprehensive approach to addressing ML, TF, and
PF risks that aligns with IDB's unwavering commitment to financial integrity and regulatory compliance.

The Anti-Money Laundering/Counter Financing of Terrorism Policy (AML/CFT Policy) is applicable to IDB UAE only
and outlines the minimum standards for complying with relevant anti-money laundering and combating the
financing of terrorism regulations. These standards are designed to prevent the bank from being used for illicit
activities and to protect its reputation and financial stability.

PEPs are defined by CBUAE as Natural persons who are or have been entrusted with prominent public
function in the UAE or any other foreign country such as heads of states or governments, senior politicians,
senior government officials, judicial or military officials, senior executive managers of state owned
corporations, and senior officials or political parties, and persons who are, or have previously been,
entrusted with the management of an international organization or any prominent function within such an
organization.