Anti-Money Laundering Policy Statement

Time Exchange is strongly committed in preventing the use of its operations for money laundering or any such activity, which facilitate money laundering, or the funding of terrorist or criminal activities. Accordingly, the Company will comply with all applicable laws, and regulations designed to combat money laundering activity and terrorist financing, enacted by the Government of Pakistan, all International Laws to which the Government of Pakistan is a subscribe including the USA patriot Act and will cooperate with the appropriate authorities in efforts to prevent any misuse of the financial channels. Every employee is required to act in furtherance of this policy statement to protect the Company from exploitation by money launders or terrorists.That results in the following effects:

• Feeble economic policies
• Loss of Revenue
• Negative image of private sector
• Less foreign investment
• Weaknesses of Financial Markets
• Increase in Crime and Corruption