ANNUAL MEMBERS MEETING 2016OBIDOS, PORTUGAL

CONTENT Introduction

TALKS FROM KEY SPEAKERS:Special Address, Dr. Tahir Akhtar, Chairman ADAM Global

Global Strategy, Mr. Igor Saveliev, Director Strategy

International Compliance, Panos Manolopoulos, Director International Affairs

CEO’s Report, Networks Annual Performance and Year on Year Growth Statistics

Introduction to ADAM Interact, A brief on how to use ADAM Interact and to generate reports

EVENTS & DINNERS:Lisbon City TourOfficial Dinner hosted by the Mayor of Obidos

Partner Matching Session and Focus Sessions

Diversifying LunchQuinta De Sanguinhal Wine Tasting

Media & Photo SessionMedieval Dinner ExperienceMeetings with Governmental Offices

MEETINGS & PRESENTATIONSDaily Welcome and Opening Remarks

Daily Breakfast MeetingsPresentation of Regional Active Partner ReportsExternal Speaker, Dr. Miguel Silvestre, Director of Park

Opportunities in PortugalCountry Partners Presentation

Lunch at Neighboring Palace with the Mayor

INTRODUCTION

ADAM GLOBAL MEMBERS WITH PORTUGUESE DELEGATES

The following is the report of the ADAM Global Partners’ Third Annual Meeting in Obidos, Portugal 6-8th August 2016. The meeting was a defining one which clarified future strategy and the direction for the brand ADAM Global.Delegates were welcomed at Lisbon airport by ADAM Global’s appointed travel coordinators. The event was held at the Praia D’El Rey Marriott Golf & Beach Resort in Obidos where 50 ADAM members, dele-gates and family members attended. Many of the guests stayed at this delightful accommodation.This document is a description of the meetings and events, lunches, dinners and activities that took place during the conference and made the whole conference experience so special.

ANNUAL PARTNERS MEETING:

TALKS FROM KEY SPEAKERS

Dr. Akhtar, the founder and chairman of ADAM Global welcomed everyone and expressed his gratitude to everyone for being there and the hard work that they had put in over the past year. It was specified that with strong lead-ership and hard work the future is very bright and we can see ADAM Global continuing to grow and becoming a force around the world.

SPECIAL ADDRESS, DR. TAHIR AKHTAR, CHAIRMAN ADAM GLOBAL

Mr. Saveliev, Director of Strate-gy for ADAM Global continued on from what the Chairman had spoken about and added more detail into where and what the way forward for ADAM Global would be. The suggestion was that ADAM Global needs to implement a fee structure to facilitate the support and growth of the network. A draft proposal was to be developed and distribut-ed for revised Vision and Mission of ADAM Global.

GLOBAL STRATEGY AND WAY FORWARD, MR. IGOR SAVELIEV, DIRECTOR STRATEGY

Mr. Manolopoulos, Director for International Affairs, spoke on branding and how he built Stanton Chase through a common branding platform. He gave out a history of Stan-ton Chase and how his efforts led to its development and its recognition around the globe. The power of unified branding has more advantages than an individual establishment. He shared his views on how ADAM Global can replicate the idea in an innovative way to empower its member firms and perhaps increase its revenues.

INTERNATIONAL COMPLIANCE, PANOS MANOLOPOULOS, DIRECTOR INTERNATIONALAFFAIRS

DR. TAHIR AKHTAR, CHARIMAN ADAM GLOBAL ADDRESSING THE INVITEES

MR. IGOR SAVIELIEV, ADVISORY BOARD MEMBER MR. PANOS MANOLOPOULOS, DIRECTOR INTERNATIONAL AFFAIRS

CEO’s ReportNetworks Annual Performance and Year on Year Growth Statistics

INTRODUCTION AND SUBJECT MATTERADAM Global CEO Mr. Ashraf Rahman welcomed all the partners and the guests who had joined the Annual Partners Meeting this year. He appreciated all the partners and the host, the lovely Ana Rodrigues who made this all happen. He declared the attendance was indicative of the continued support that we offer one another and it was great to see so many from guests from all around the globe.

Mr. Rahman declared how proud he is that we are now celebrating five years of success, friendship and collaborations of our Network. The network has come a long way and has achieved what no other network has in a similar time frame. ADAM Global is now represented in all the habita-ble continents of the world, with Australia the most recent introduction to the network. There are now 116 offices around the globe in 65 countries. Mr. Rahman vowed that ADAM Global would continue to endeavor to expand its

reach to regions where our clients want us to be and offer the same level of support that is expected of a profes-sional firm, in fact, exceed it.

2015 to 2016 had seen some transactions between partners and the annual billing was approximately around USD 200 Million. Last year had witnessed many of the partners working together to offer innovative solutions to their clients that helped in fulfilling their desired objectives.

ADAM Global is impacting how we do business in the modern world, and lately, has been recognized as the Best Global Services Provider in a ceremony in the United States by the CEO Clubs, and also were nominated for the Europe Business Assembly Prestigious International Award. All the partners were assured that they will continue to receive the best support. The achievements were all made possible through collaborative efforts of the mem-bers and technological advancements in some systems.

The year 2015/16 has been a year of consolidation to improve efficiency. The ADAM Global team have intro-duced various initiatives with the aim of improving the effectiveness of the network. Mr. Rahman stated that the initiatives have started to bring in the desired results.

Cloud technology was introduced this year to improve connections between member firms worldwide and to provide a state of the art highly secure portal for them and their clients. This gives all an increased level of accountability, transparency, and visibility when working together on international engagements. The initiative with a common WhatsApp has seen communication between partners and timezones made a lot easier and convenient.

Committees have been setup with the purpose of improving the quality of the firms and the standards that the firms adhere to. These committees will be there to support the member firms and guide them on how best to improve their quality of services and to improve their bottom-line. The Regional Presidents will work closely within their regions to promote specialty groups and power teams that work with one another and develop synergies.

For the Year 2017, the focus is to implement operations standards, creating robust training platforms and increas-ing regional activities to promote businesses within the region.

Mr. Rahman stated that he believed that it is only by,

Combining our business approaches, resources and strategies that we can deliver this level of comprehen-sive solutions to our clients across the globe and one that is professional and standardized across the network. And I have full confidence in all our members and that together we can achieve this.

MR. ASHRAF RAHMAN,CEO ADAM GLOBAL

ADAM GLOBAL MEMBERS GROUP INTERACTION

Members were introduced to ADAM Interact, the deal sharing platform to be accessed through www.portal.ADAMglobal.com. Members were told how they could enter a deal, access the deals, how to assign the deals to a particular person or public and also how to change their profile picture. Members were given basic operating instructions re ADAM Interact including generating reports.

INTRODUCTION TO ADAM INTERACT, A BRIEF ON HOW TO USE ADAM INTERACT AND TO GENERATE REPORTS BY COO MR. MOHSIN ALI

Meetings & Presentations

The chairman started each day with welcome and opening remarks and a recap of the previous day. The guests got acquainted and gradually grew comfortable with each other as personal relationships started to form. The content and material covered each day was well received by all.

The regional partners from Australia, Europe, Latin America and Asia prepared and presented on the opportunities found in their respective regions with the view of expanding ADAM Global’s presence. The Presi-dent for Asia is working on identifying and developing new partners across cities, identifying opportunities and building awareness on reve-nue sharing models, and creating local touch points for an effective business model. The President for Europe spoke about creating Practice Centers for the offices around the globe and identified eight key prac-tice centers that would work with the partners around the globe includ-ing tax, legal, audit, immigration, and corporate services, etc. The Presi-dent for Australia spoke about developing key offices within Australia and leveraging their connections to expand the reach in New Zealand. The President for Latin America mentioned that he has connections in Argentina, Colombia, Uruguay, Peru, and Chile. The mentioned coun-tries are economically promising.

Everyone stressed on expansion of ADAM reach and then to introduce common standards within their region.

DAILY WELCOME AND OPENING REMARKS

PRESENTATION OF REGIONAL ACTIVE PARTNER REPORTS

Dr. Miguel Silvestre spoke about the business opportunities in Obidos and how the government is incentivising local and international businesses by offering them grants and concessions and funding local businesses to bring new opportunities to their town. The Park offers state of the art infrastruc-ture to entrepreneurs and businesses

interested in setting up.

EXTERNAL SPEAKER, DR. MIGUEL SILVESTRE, DIRECTOR OF OBIDOS TECHNOLOGY PARK

With a morning smile from the warm and friendly team at the Marriott hotel everyone got off to a great start to the day. With interactive stations for omelettes and fresh-squeezed orange juice, the breakfast features fresh, locally grown produce and organic dairy products from area farms, served in a fun and casual setting. The finely assorted breakfast brought joy to the guests and the meetings were a perfect way for the members to strengthen connections and learn about each other’s business and look at ways to partner for mutual benefit.

DAILY BREAKFAST MEETINGS

DR. TAHIR AKHTAR, CHAIRMAN ADAM GLOBAL (CENTRE) WITH MR. SHANAVAS AMERKANNU, (LEFT) DIRECTOR OF SALES ADAM CONSULTING AND MAYOR BOMBARRAL DR. JOSÉ VIERA (RIGHT)

DELICIOUS HEALTHY FOOD

DR. MIGUEL SILVESTRE, EXECUTIVE DIRECTOR OF TECHNOLOGY PARK OF ÓBIDOS

The fact that 50 partners were pres-ent at the conference meant that there could be possible business referrals to locals for real estate, hospitality and products such as fruit, wines and personal interest in acquir-ing properties in the region, Gazette of Caldas President said.At this meeting various Portuguese

economic agents, as well as representatives of municipalities of Obidos and Bombarral, had the opportunity to make presentations to about 50 members of the network and reveal the opportunities that exist in the region and in the country for foreign investment and for the international-ization of local products.

Dr. Tahir Akhtar, president of ADAM Holdings, the group that owns ADAM Global, said these presentations have identified business opportunities in real estate, information technology and other services “that may result in future contacts in the region of Obidos and the country”.

EXTERNAL SPEAKER, DR. MIGUEL SILVESTRE, DIRECTOR OF OBIDOS TECHNOLOGY PARK

A BEAUTIFUL SUNSET IN PORTUGAL

Meetings & Presentations

Each countries representative including the regional heads gave out presentations of their country, giving out necessary information about their firms and the initiatives that their governments or their economy offers to promote businesses in to their respective country.

COUNTRY PARTNERS PRESENTATION

PAOLO PAGELLA, RVP WESTERN EUROPE RICHARD MOIR, VISITOR GUEST NTL ANDREAS HADJIMITSIS, RVP EASTERN EUROPE

KHALIL ELJEHANI, MEMBER RIYADH, KSA MARCUS BUSCHMANN, MEMBER, BRAZIL IRFAN ABDUL, VISITOR GUEST, LUXEMBOURG

ANKIT JAIN, REGIONAL PRESIDENT BASHIR KESHTIAR, REGIONAL PRESIDENT, AUSTRALIA ANA RODRIGUES, REGIONAL PRESIDENT, AFRICA

ROBERTO CORCIULO, REGIONAL PRESIDENT, EUROPE PANOS MANOLOPOULOS, DIRECTOR INTERNATIONAL AFFAIRS

ANTOINE TABBAKH, RVP MIDDLE EAST

INVITEES SITTING DOWN FOR A LOVELY MEAL

The mayor showed great hospitality to all members and guests at the glorious palace. The standard set was incredibly high and all of the attendees were suitably impressed. The convention and the gathering at the palace made known of the potential for investors in Portugal and possible business references in real estate, hospitality and products such as fruit, wines and personal interest in acquiring properties in the region. It was a wonderful experience to see the level of dedication, resourcefulness and reflection within the com-munity and this was exemplified through the lunch with the Mayor.

LUNCH AT NEIGHBOURING PALACE WITH THE MAYOR

Events & Dinners

For many the tour of Lisbon was the first time they had experi-ence of a European city so this was a splendid occasion. From seeing the old parts of the city to the newer region Lisbon was the perfect place for a holiday and great for a 3 day meeting to take place. Full of bleached white limestone buildings and intimate alleyways, Lisbon has a mix of traditional architecture and con-temporary cuisine. The city is one of the most beautiful cities in Europe and as one of the oldest cities in the world it truly is a sight to behold. The tour was comple-mented with wonderful views, welcoming people and delight-ful food and drink to make it most memorable.

LISBON CITY TOUR

While Portugal has smells and views of the Atlantic, the cuisine is more inter-twined with a Mediterranean feel. The food in Portugal was fantastic and the displays of food the attend-ees were treated to was outstanding. From starters to whet your appetite of cheeses, olives, butter and olive oil combined with fresh bread the tastes

were delightful and a great impression to start a meal. The diversity of the fresh seafood on display as well as devouring salads, luscious meats and quality wine to wash it all down had the attendees in great spirits. Portu-guese cuisine is a pure winner.

DIVERSIFYING LUNCH

The Mayor of Obidos hosted a grand and luxurious ceremony where he introduced the Chair-man Dr. Akhtar as a friend of Obidos and thanked the Chair-man for bringing new business to the region as well as giving the guests a chance to experience Portuguese culture and customs.

OFFICIAL DINNER HOSTED BY THE MAYOR OF OBIDOS

Roberto Corciulo, ADAM Global Presi-dent of Europe spoke about the different practice groups including Accounting and Auditing, Book Keeping, Law Firms, Corporate Service Firms, Intellectual Property Firms, Management Consulting Firms and Visa and Residency Firms. Based on all of this information, the groups

were divided to different round tables to discuss vision mission and the path for each specific group. After this practice leaders were nominated and connections were strengthened with strong bonds being achieved. This exercise was important for members connecting with each other from the same field and organizing and strategizing how to move forward.

PARTNER MATCHING SESSION AND FOCUS SESSIONS

PARTNER MATCHING SESSION - INTRODUCTION OF PRACTICE GROUPS

The wine tasting experience was a great way to delve into the Portu-guese culture. The production and manufacturing of Portuguese wine is growing and the wines were all explained by the owner of the wine manufacturing company.

She passionately explained for 2 hours about the different process from harvesting, destemming, crushing, fermentation, pressing to blending and fining. The whole process of how vineyards are made and then describing the different tastes of the wines

and how you get such variations. It was a wonderful experience and a far cry for many of the attendees from where they came from. Follow-ing the tour and wine tasting was a lavish dinner where all needs were catered for from meat eaters to vegetarians. Memories were made and captured.

QUINTA DE SANGUINHAL WINE TASTING

GETTING TO KNOW ALL ABOUT THE WINE AND THE REGION – QUINTA DA SANGUINHAL, LISBON

SPREAD FIT FOR A KING

HANDSHAKE OF APPRECIATION BETWEEN ADAM GLOBAL CHAIRMAN DR. AKHTAR AND MAYOR ÓBIDOS ENG. HUMBERTO MARQUES

Media & Photo Session

Awards were presented by the Chairman Dr. Akhtar, ADAM Global representatives and Government Officials and the winning attendees showed off their trophy with pride.

An amazing experience where the attendees experienced the medieval past of the city of Obidos. There were people singing, dancing and undertaking shows and plays in costumes and char-acters. Medieval scenes showing fighting and battles like in famous Hollywood movies was a great attraction and everyone embraced the occasion with such verve and wonder. The town came to life and it was a magical experience. The food and drink served at the show were medieval specialties including delicious grilled meats and a local cherry wine called Ginja.

THE LIST OF WINNERS ARE:

MEDIEVAL DINNER EXPERIENCE

8. Most Active Region Award – ASIA (Given to Ankit Jain)

c. The Australian Consultancy Group Services – Melbourne, Australia

1. New Partners Awards

a. Asia – Sanjay Nagib. Middle East – Wassim El Sayeghc. Europe – Paolo Pagella

2. Region Champion Partners

a. Asia – Ankit Jainb. Africa – Ana Rodriguesc. Middle East – Antoine Tabbakhd. Latin America – Marcus Buschmanne. Australia – Bashir Keshtiarf. Europe – Roberto Corciulo

3. Regional Head Awards

a. Igor Savelyevb. Panos Manolopoulos

4. Vision and Strategy Award

a. Efthymios G. Navridis & Associates5. Life-Time Achievement Award

a. Right Management Consultants6. 5 Year Member Award

a. Iqtesadi Consultancy WLL

9. Chairman’s Selection Award for the most active and contributing Member

a. Risiko Consulting LLP11. Highest Business Closed

a. ADAM Consulting12. Highest Referrals Award

a. Buschmann & Associates13. Business of the Year Award

a. Ana Rodrigues14. Entrepreneur of the Year Award

a. IC & Partners

15. Chairman’s Award for the Overall Best Business

BEAUTIFUL YET TERRIFYING

HAPPY CAMEL

LITTLE PRINCESS

VIKINGS UNITED TERROR REIGNS

MAN OF THE PEOPLE VIKINGS UNITED

I GET KNOCKED DOWN BUT I GET UP AGAIN

Government officials talked about the Portugal Government initiatives especially the focus on Green energy and Portugal becoming a one of its kind country to consume 95% of electricity produced only by renewable energy sources such as wind power, biomass, solar power and hydropower. The government is quite ahead in the green energy technology and would like to promote itself to other geographies for green energy technolo-gy.

MEETINGS WITH GOVERNMENTAL OFFICES

Mayor of Obidos - Eng Humberto da Silva MarquesMayor of Bombarral - Dr. José Manuel VieiraRepresentative of the Deputy Secretary of State's Office and Trade - Dra. Helga MatosExecutive Director of Obidos Technology Park - Dr. Miguel SilvestreAICEP - Agency for Private Investment - Dr. Miguel GarciaANPME - National Association Small and Medium Enterprises - Dr. Fernando Silva

REPRESENTATIVES OF PORTUGAL

"The Obidos sessions opened up a whole new future dimension for ADAM Global by laying out the interaction of the newly formalized practice groups and our wide geographic structure. This was a highly energizing meet-ing to develop specific action steps and deliverables for the future".

“Regarding the Mayor's office in Obidos I would like to say this: "We are all very grateful to the Mayor for his great hospitality and making himself and his office available to the group. I was very much impressed to see how the Mayor set new standard to what public service is. It was both revealing and touching to see how much was done for the local community and the exemplary level of dedication, imagination and persever-ance of Obidos authorities to achieve breakthrough developments for the community. I would very much like to see ADAM Global's expertise help taking these developments further."

TESTIMONIALS:

MR. IGOR SAVELIEV, DIRECTOR OF STRATEGY

“I attended the conference as a prospective member. The whole agenda was set up in a way that facilitated attendees to network with each other. Both the breakfast meetings and the focus sessions helped members strengthen connections, learn more about each other’s business and explore ways of cooperation for mutual benefit and all that accompanied with lots of fun. ADAM Global’s annual conference is definitely an event to be recommended. “

MR. ANDREAS HADJIMITSIS FCCA, MANAGING DIRECTOR ANH

“One of the most beautiful experience in the historical city of Obidos where people are singing, dancing, playing drama in costumes and characters! Warrior costume worn by men and fighting in the drama, showing medieval scenes was another attraction. Even the food served was medieval specially grilled meat, and the local cherry wine drink ‘Ginja’, was all unique in itself.”

MR. ADVAITA SHARMA, MEMBER SERVICE MANAGER, ADAM GLOBAL