Terms and Conditions For Omnibus Account Use

1. Account Structure

IC Securities Client's securities will be held in a pooled nominee account operated by IC Securities (Ghana) Ltd.

2. Record Keeping

IC Securities shall maintain comprehensive, client-specific records that identify the beneficial ownership of all assets held in the omnibus account, along with a complete history of all client transactions.

3. Market Access and Service Quality

The client's ability to trade, settle, and receive market services is not disadvantaged by being brokered through the omnibus structure. Clients onboarded via the omnibus account will enjoy the same level of market access and service quality as those with direct CSD accounts.

4. Shareholder Rights

The client retains full legal and economic rights as a shareholder. IC Securities shall act as proxy and exercise shareholder voting rights on the client's behalf, based on instructions received or, where applicable, in the client's best interest.

5. Corporate Actions

All dividend payments, rights issues, bonus shares, and other corporate actions will be communicated to the client within 48 hours of receipt. Entitlements will be credited to the client's trust sub-account in line with their holdings as at the record date.

6. Account Access and Statements

Clients will have real-time access to their statements, detailing their portfolio holdings, transaction history, market values, and any corporate actions received.

7. Withdrawal of Consent

Clients may withdraw their consent to the omnibus arrangement at any time, subject to regulatory limitations and operational feasibility. In such circumstances, IC Securities will work with the client to migrate their holdings to their personal CSD account.