Page 9 - ASCOT GROUP COMPLETE DOCUMENT (2)

Jurisdiction of Choice

● Pragmatic and appropriate specialist legislation.
● Policyholder & depositor protection.
● Demonstrably lower cost than competitors.
● Capital efficient whilst ensuring it remains within the international guidelines.
● Simple taxation regime - No capital gains tax, withholding taxes or wealth taxes.
● Flexibility of products and structures competitive with any in the market.
● Ability to offer products in any currency – fiat, digital (DCEP).

The Isle of Man holds a Moody’s credit rating of Aa2 – this categorises it as ‘Prime-1, best ability to
repay short-term debt’, comfortably within the top tier of ratings.

With its political stability and prestige, the Island is one of only 22 countries rated as 'compliant' with
international regulations reported by the OECD. Fifteen percent of the entire Isle of Man economy is
directly linked to the insurance industry - as a dynamic fresh new start up on the island, Ascot Life is
moving forward with the enthusiastic support the Isle of Man Government.

Emerging Market Investors - The Isle of Man Provides the Following Advantages

1. Political and economic stability - The Isle of Man has the longest standing continuous
parliamentary democracy in the world with a strong and robust economy. This is appealing to
investors from emerging market economies where regime change and economic swings of
boom or bust create volatile and unstable investments

2. Investor protection - Many years ago the Isle of Man Government introduced legislation so
that in the unlikely event a life company could not meet its liabilities; all policyholders would
receive compensation of up to 90% of the value of their investments. This is considered to be
one of the highest levels of investor protection in the world. Protection also exists for banking
deposits, of comparable quality