Page 37 - ETIHAD CREDIT INSURANCE PR REPORT - SEPTEMBER 2024

9/24/24, 8:54 AM Etihad Credit Insurance, in collaboration with Abu Dhabi Exports Office, First Abu Dhabi Bank and Natixis sign first-of-a-kind financi…
the first financing of its kind to a commodity trading company, supporting the UAE's increasing significance as a producer of
non-hydrocarbon resources."

Natixis Corporate and Investment Banking DIFC Branch spokesperson, Barbara Riccardi, MD and Regional Head Middle
East - Caucasus and Central Asia stated: "Natixis CIB is pleased to have played a key role in coordinating, structuring, and
arranging this financing deal in support of Trafigura's efforts to increase commodity purchases from the UAE, which also
contributes to the UAE's strategic vision of expanding non-oil exports. We are proud to have been a trustworthy partner of
ECI from the beginning, and our teams have developed a wealth of experience and expertise managing ECI covered loans.
This financing further solidifies Natixis CIB's position as a key global financial player to lead landmark transactions."

Hana Al Rostamani, Group Chief Executive Officer of FAB, said: "FAB is the UAE's global bank and we are uniquely
positioned to support transactions that facilitate the development of the UAE's international trade and investment
landscape. As the largest bank in the country with an international network covering more than 60% of global GDP, FAB's
expertise and leadership in international trade finance, coupled with our financial strength, underpin our role in this
important transaction that further boosts the UAE's status as a global export hub for non-oil commodities."

By bringing these leading financial institutions together to assist Trafigura in sourcing commodities from the UAE, ECI has
made significant advancements in the country's export capacities, thereby solidifying its position as a major player in
international trade, while also fostering sustainable economic growth.

MENAFN22092024003685011158ID1108700629

https://futures.tradingcharts.com/news/futures/Etihad_Credit_Insurance__in_collaboration_with_Abu_Dhabi_Exports_Office__First_Abu_Dhabi_Bank_… 2/2