DocuSign Envelope ID: 2CE73B6D-9C0B-4730-95B8-CAC1667284B3




              Amendment No. 2 to the Administration Agreement between the European Commission, on behalf of
              the European Union, and the International Bank for Reconstruction and Development regarding the
                        Part II Europe 2020 Programmatic Single-Donor Trust Fund (No. TF 073336)
                                           (EC Contract No. ENI/2020 / 421-713)

             1.      Reference is made to the Administration Agreement between the European Commission, on
             behalf of the European Union (the “Donor”) and the International Bank for Reconstruction and
             Development (the “Bank”, and together with the Donor, the “Parties” and each a “Party”) regarding
             the Part II Europe 2020 Programmatic Single-Donor Trust Fund No. TF073336 (the “Trust Fund”)
             effective as of December 18, 2020, as amended (the “Administration Agreement”).

             2.      The Parties agree to amend the Administration Agreement as follows:

                     (a)     Paragraph 3(B) shall be deleted and replaced with the following:

                             “(B)     By October 31, 2023 – € 1,300,000”

                     (b)     Paragraph 5.1 of Annex 2 shall be deleted and replaced with the following:

                             “5.1. It is expected that the funds deposited in the Trust Fund will be fully disbursed
                             by the Bank by December 31, 2024 (the “End Disbursement Date”). The Bank shall only
                             disburse funds deposited in the Trust Fund for the purposes of this Administration
                             Agreement (other than returns to Donor) after such date to the extent such date is
                             changed in accordance with amendments made to the Administration Agreement(s) of the
                             Donor. Following the End Disbursement Date, the Bank shall return any remaining
                             balance of the Trust Fund to the Donor in the Holding Currency in the manner specified
                             in its respective Administration Agreement on a pro rata basis with regard to the total
                             funds deposited in the Trust Fund by such Donor relative to the total funds deposited in
                             the Trust Fund by the Donor, all calculated as Holding Currency amounts.”

             3.      All other terms of the Administration Agreement shall remain the same.

             4.       Each of the Parties represents, by confirming its agreement below, that it is authorized to enter
             into this Amendment and act in accordance with these terms and conditions. The Parties are requested to
             sign

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DocuSign Envelope ID: 2CE73B6D-9C0B-4730-95B8-CAC1667284B3




             and date this Amendment, and upon possession by the Bank of this fully signed Amendment, this
             Amendment shall come into effect as of the date of the last signature.


             INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT



             By:       _______________________________/s1/

             Name: Carolina Sánchez-Páramo            /n1/

             Title:    Director, Strategy and Operations - ECAVP/t1/

             Date:      06-Sep-2023
                       _______________________________/d1/


             EUROPEAN COMMISSION
             On behalf of the EUROPEAN UNION
                               Qualified electronic signature by:
                               DIANA KAMILA JABLONSKA
             By:               Date: 2023-10-27 09:17:48
                       _______________________________     +02:00
                                                         /s2/

             Name: Diana Jabłońska/n2/

             Title:    Head of Unit, NEAR.C1 Georgia, Moldova, Economic Investment Plan/t2/

             /d2/




             ENI/2020 / 421-713
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