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                                                                                                               •   Ref. Ares(2024)7991543 -11/11/2024



                   Amendment No. 2 to the Administration Agreement between the European Commission, on behalf of
                     the European Union am/ the International Bank for Reconstruction and Development and the
                      International Development Association for Strengthening Financial Market Integrity in the
                                 CAR/FOR UM Member States Single-Donor Trust Fund (TF073212)
                                              Donor Reference No. FED/2018/402067

                  I.     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 and
                 the International Development Association (collectively, the "Bank" , and together with the Donor, the
                 "Parties" and each a " Party") regarding the Strengthening Financial Market Integrity in the CARI FORUM
                 Member States Single-Donor Trust Fund (TF0732 l 2) (the "Trust Fund") effective as of December 13,
                 2018, as amended (the " Administration Agreement").

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

                             (a)         Paragraph I I shall be replaced with the following:

                                         " 11.       The Implementation Period shall start on November 15, 2018."

                             (b)         Paragraph 12 shal l be deleted in its entirety and the following paragraphs renumbered
                                         accordingly.

                             (c)         Paragraph 5.1 of Annex 2 shall be 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 November 20, 2025 (the "End Disbursement Date"). The Bank shall only
                                         disburse funds deposited in the Trust Fund for the purposes of this Admin istration
                                         Agreement (other than returns to Donors) after such date to the extent such date is changed
                                         in accordance with amendments made to the Administration Agreements of all the Donors.
                                         Following the End Disbursement Date, the Bank shall return any remaining balance of the
                                         Trust Fund to each 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 all
                                         Donors, all calculated as Holding Currency amounts."

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



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


                  INTERNA TJONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT
                  INTERNATIONAL DEVELOPMENT ASSOCIATION



                  By:
                                     I OFBBI &.89ACP.93...


                  Name:          Ayat Soliman

                  Title:          Director of Strategy and Operat i ons

                  Date:            29-0ct- 2024


                  EUROPEAN COMMISSION, on behalf of the EUROPEAN UNION




                 Title:           Ambassador




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