SHAREHHLDEE N?o' Eq'rEo?FIssiJE 

_i _Auf?omi?b?

 i SHARES i CAPITAL

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Mr. Davide NAHMAD 6 14.01.2014 I 50 U53: 10?000,331.: 

Certi?cate 6 Number of shares: 50
INTERNATIONAL ART CENTER SA.
Panama, Republic of Panama

The Articles of [mammalian ofthis corporation are duly registered at the Mercantile Section of the Public Registry at Mcrojacket 11? 306238 Reel 43'178 Frame 31.

AUTHORISED CAPITAL: 10?000,00
Divided into 100 shares with a par value of 100,00 each

This is to certify that Mr. Davide NAHMAD is entitled to ONE HUNDRED (100) shares of 100,00 each in the
above named company.

IN WITNESS WHEREOF the Company has authorised this certi?cate to be issued this I4tll January, 2014.

 

Val/meek.

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