SECURITIES ACT IN A TRANSACTION MEETING THE REQUIREMENTS OF RULE 144A UNDER THE
SECURITIES ACT, OR (2) IN AN OFFSHORE TRANSACTION COMPLYING WITH RULE 903 OR RULE 904
OF REGULATION S UNDER THE U.S. SECURITIES ACT, IN EACH CASE IN ACCORDANCE WITH ANY
APPLICABLE SECURITIES LAWS OF ANY STATE OF THE UNITED STATES.

9. the Bank will not recognize any offer, sale, pledge or other transfer of such Equity Shares made other than in
compliance with the above-stated restrictions; and

10. the purchaser acknowledges that the Bank, the Selling Shareholders, the BRLMs, their respective affiliates and others
will rely upon the truth and accuracy of the foregoing acknowledgements, representations and agreements and agrees
that, if any of such acknowledgements, representations and agreements deemed to have been made by virtue of its
purchase of such Equity Shares are no longer accurate, it will promptly notify the Bank, and if it is acquiring any of
such Equity Shares as a fiduciary or agent for one or more accounts, it represents that it has sole investment discretion
with respect to each such account and that it has full power to make the foregoing acknowledgements, representations
and agreements on behalf of such account.

In relation to each European Economic Area State that has implemented the Prospectus Directive (Directive 2003/71/EC) and
amendments thereto, including Directive 2010/73/EU and to the extent applicable, Prospectus Regulation (EU) 2017/1129
(each, a “Relevant Member State”), an offer to the public of any Equity Shares may be made at any time under the following
exemptions under the Prospectus Directive, if they have been implemented in that Relevant Member State:

a. to any legal entity which is a qualified investor as defined under the Prospectus Directive;

b. to fewer than 100 or, if the Relevant Member State has implemented the relevant provisions of the 2010 PD Amending
Directive, 150 natural or legal persons (other than qualified investors), subject to obtaining the prior consent of the
BRLMs; or

c. in any other circumstances falling within Article 3(2) of the Prospectus Directive,

provided that no such offer of Equity Shares shall result in a requirement for the Bank, the Selling Shareholders or any BRLM
to publish a prospectus pursuant to Article 3 of the Prospectus Directive or supplement a prospectus pursuant to Article 16 of
the Prospectus Directive and each person who receives any communication in respect of, or who acquires any Equity Shares
under, the offers contemplated in the Red Herring Prospectus will be deemed to have represented, warranted and agreed to with
the BRLMs and the Bank and the Selling Shareholders that it is a qualified investor within the meaning of the law in that
Relevant Member State implementing Article 2(1)(e) of the Prospectus Directive.

For the purposes of this provision, the expression an “offer to the public” in relation to any of the Equity Shares in any Relevant
Member States means the communication in any form and by any means of sufficient information on the terms of the offer and
the Equity Shares to be offered so as to enable an investor to decide to purchase or subscribe for the Equity Shares, as the same
may be varied in that Relevant Member State by any measure implementing the Prospectus Directive in that Relevant Member
State.

In the case of any Equity Shares acquired by it as a financial intermediary, as that term is used in Article 3(2) of the Prospectus
Directive, each such financial intermediary will be deemed to have represented, acknowledged and agreed that the Equity
Shares acquired by it in the offering have not been acquired on a non-discretionary basis on behalf of, nor have they been
acquired with a view to their offer or resale to, persons in circumstances which may give rise to an offer of any Equity Shares
to the public in a Relevant Member State prior to the publication of a prospectus in relation to the Equity Shares which has been
approved by the competent authority in that relevant member state or, where appropriate, approved in another Relevant Member
State and notified to the competent authority in the Relevant Member State, all in accordance with the Prospectus Directive,
other than their offer or resale to qualified investors or in circumstances in which the prior consent of the BRLMs has been
obtained to each such proposed offer or resale.

Our Bank, each of the Selling Shareholders, the Underwriters and their affiliates, and others will rely upon the truth and accuracy
of the foregoing representation, acknowledgement and agreement.

The Red Herring Prospectus and this Prospectus is an advertisement and is not a prospectus for the purposes of EU Directive
2003/71/EC (and amendments thereto, including Directive 2010/73/EU and to the extent applicable, Prospectus Regulation
(EU) 2017/1129).

Further, each Bidder where required must agree in the Allotment Advice that such Bidder will not sell or transfer any Equity
Shares or any economic interest therein, including any off-shore derivative instruments, such as participatory notes, issued
against the Equity Shares or any similar security, other than pursuant to an exemption from, or in a transaction not subject to,
the registration requirements of the U.S. Securities Act.

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