Contents

Topic

Contents ........................................................................................................................................................... 1

The Board of Directors .................................................................................................................................. 2

Chairman’s Message...................................................................................................................................... 3

CEO’s Message ............................................................................................................................................... 4

Vision, Mission, Values ................................................................................................................................. 5

QCSD Achievements in 2015........................................................................................................................ 6

Current and future projects: ......................................................................................................................... 7

Growth Prospects ........................................................................................................................................... 8

Main Indicator .................................................................................................................................................. 9

Listed Companies ..........................................................................................................................................10

Brokers ............................................................................................................................................................11

Custodians ......................................................................................................................................................11

Traded shares ................................................................................................................................................12

Ownership transfers operations .................................................................................................................13

Exempt transfers ...........................................................................................................................................14

Number of Investors own shares ...............................................................................................................15

Number of pledges and unpledges ............................................................................................................15

Customer service operations ......................................................................................................................16

2 | P a g e

The Board of Directors

H.E. Sheikh Abdullah Bin Saoud Al-Thani

Chairman

H.E. Sheikh Fahad Bin Faisal Al-Thani Mr. Misnad Bin Abdullatiff Al-Misnad

Vice-Chairman CEO, Member

Mr. Adel Mohamed Albaker Mr. Abdulrahman Mr. Abdulla bin Mohamed Mr. Nasser Abdalah

Member bin abdel aziz Almsalem Alnuaimi Abdulghani

Member Member Member

3 | P a g e

Chairman’s Message

Dear Shareholders and All, On behalf of me and my colleagues the board of directors, it gives me great pleasure in presenting

the annual report for the year 2015. Qatar Central Securities Depository (QCSD) was created as part of reforms in the capital market infrastructure in the state of Qatar. QCSD is performing a central role in the development and support of Qatari financial market by safekeeping and managing of investors’ securities and providing the best services to the market and investors through the use of the best and newest technologies. QCSD, has been able to receive the International Standards Organization (ISO) Certificate for the Quality Management System (ISO) from the British Standards Institution (BSI) in Qatar despite its recent establishment which represents its commitment to provide services of better standards. I am sure that it will continue to grow and satisfy the needs of capital market in the state of Qatar. Abdullah Bin Saoud Al-Thani Chairman

4 | P a g e

CEO’s Message

QCSD is pleased to present its annual report for 2015 which presents the most

important activities and developments in the company during the year.

The report contains three parts, the first one describes the achievement of the

company during 2015, the current projects implemented, the future projects and

growth prospects including main indicators of the company which include a

comparison between 2015 and 2014. This report gives the reader a global view on

the work in Qatar Central Securities Depository.

The second part includes the data of the registered companies in Qatar Central

Securities Depository like the shareholding companies and financial services

companies, which makes this report an important reference for investors.

The third part presents detailed processes and operations that took place during 2015

and shows detailed information about traded shares, ownership transfers and

ownership level registered in the company.

The Qatar Central Depository Securities as one of the fundamental pillars in the

structure of building financial markets in the state has looked to keep up with the rapid

developments in the field of trading and settlement and clearing and registration and

custody of securities, and so to meet regulatory requirements in the country and

abroad as well as cooperation and coordination with financial services companies,

which will reflect positively on the quality of services provided in the field of securities

in the State and provide a sophisticated and interactive work environment, which

serves the interests of the Qatari economy.

So, I seize this opportunity to extend my sincere thanks and appreciation to all those

who contributed to this success either with guidance or support and hoped that efforts

continue to achieve the visions and aspirations for a better future and of the company

and securities markets.

Misnad Bin Abdullatiff Al-Misnad

Chief Executive Officer

5 | P a g e

Vision, Mission, Values

Vision

Provide a safe and stable investment environment for local and international

investors and support for the national economy, to be a trusted company on

international levels and leads Central Securities Depository in the region.

Mission

Safekeeping and transfer ownership of securities and the price settlements of

such securities by adapting the best international practices.

Values

Justice, Transparency and Confidentiality.

6 | P a g e

QCSD Achievements in 2015

After obtaining all necessary regulatory approvals, Qatar Central Securities Depository (QCSD)

has commenced its live operations with effect from Thursday, 02-Jan-2014.

Resources:

In order to maintain and provide a high level of services to all our investors, issuers and other

important stakeholders, QCSD has been able to retain all of the critical resources. These include

critical staffs for front office i.e. Customer Service, Delivery Versus Payment, Operations etc.

Customer Service:

QCSD has been able to successfully set up an independent functional customer service office from

day one. This includes all necessary office infrastructure such as phones, faxes, point of sales

machines, queeing machines, etc. It is providing all services such as account opening, transfers,

issuing certificates, handling queries, etc. It has been able to serve both male and female customers

effectively even with increased volumes of the IPO work.

Operations:

This operations include Corporate Actions, IPO, pledging, freezing securities, delivery versus

payment operations and ownership’s transfers.

Fresh IPO:

During the first month of its live operations, QCSD had to manage the first IPO shares of Mesaieed

Petrochemical Holding Company. The number of investors was 198,787.

Website:

QCSD has successfully created its own bi-lingual website i.e. in Arabic and in English. All necessary

information about QCSD is uploaded on the website. It includes required forms/information etc.

(www.qcsd.com.qa)

7 | P a g e

Current and future projects:

Replacement some of its systems:

QCSD is under way to replace its existing post trade operations systems i.e. NASDAQ OMX.

IT Infrastructure:

Another critical strategy which will be executed in line with the system replacement is the setting up

of IT infrastructure including servers, networking, data center, etc.

SMS services:

QCSD launched the SMS Services in 27/12/2015, through these services, the shareholder will be

promptly informed about the operations carried out on his/her account and any changes occurred

on his/her securities balances registered in QCSD.

Daily E-Statement:

QCSD launched the service of daily E-Statement (Portfolio) which enables the investor to follow its

securities registered in QCSD .This service is available from 27/12/2015.

Call Centre:

In order to effectively interact with its customers and provide better and prompt services, QCSD

strategy is to operate a call center in 2017.

Mobile Apps solution:

A mobile solution will be developed to provide investors e-services through apps (Apple (iPhone)

and Android) in 2017

8 | P a g e

Growth Prospects

As there is no other company authorized by the regulator to provide these services, QCSD sees a

tremendous potential in its growth and has identified few areas.

The company has endeavored to increase the existing network of its services by:

1. Increasing the number of participant i.e. Increase the number of retail clients.

2. Expanding the membership base.

3. Expanding the number of custodian participants.

4. Expanding the CSD services by providing post trade services to new asset classes.

5. Assisting and supporting all new initiatives taken by the QE wherein the CSD services are

required.

6. Introducing new and innovative CSD services.

7. Providing unlisted companies with various CSD services.

8. Providing over-the-counter (OTC) services as ownership transfer of unlisted companies.

9. Building a secured and highly available environment by applying the latest data security

strategies and putting a strategy for business continuity and disaster recovery.

9 | P a g e

Main Indicator

Data 2015 2014 %

Number of Listed Companies 43 43 0

Number of Brokers 11 11 0

Number of Custodians 3 3 0

The total market value of the shares deposited in QCSD

553,176,101,208 676,791,631,974 -18.26

Volume of traded shares 2,302,409,707 4,439,856,747 -48.15

Value of traded shares 93,720,054,490 199,292,756,279 -52.98

Number of transactions 1,190,807 2,058,604 -42.16

Family transfers (No. operations) 2,888 5,059 -42.92

Inheritance transfers (No.operations)

6,205 3,990 55.52

Exempt Transfers (No.operations) 6,205 3,990 -1.17

Family transfers (No.shares) 15,145,048 11,593,643 30.64

Inheritance transfers (No.shares) 11,442,552 9,265,627 23.50

Exempt Transfers(No.shares) 11,442,552 9,265,627 572.90

No of investors own shares 388,888 400,522 -2.91

No of investors have IBAN 40,674 35,571 14.35

Pledging (No.operations) 3,130 77,316 -95.96

Unpledging (No.operations) 6,213 58,828 -89.44

Pledging (No.shares) 976,676,970 203,585,968 379.74

Unpledging (No.shares) 297,480,331 191,494,385 55.35

Opened account for new investor 2,059 35,183 -94.15

Issuing Statement of account 124,889 277,580 -55.01

To whom It may concern certificate 2,627 3,032 -13.36

10 | P a g e

Listed Companies

Company Name Website Phone Fax

QNB www.qnb.qa 44137753 44407407

QATAR ISLAMIC BANK www.qib.com.qa 44412700 44448444 COMMERCIAL BANK www.cbq.qa 44411268 44490000 DOHA BANK www.dohabank.com.qa 44416631 44456600 AL AHLI BANK www.ahlibank.com.qa 44232323 44232222 QATAR INTERNATIONAL ISLAMIC BANK www.qiib.com.qa 44444101 44840001 MASRAF AL RAYAN www.alrayan.com 44351720 44253333 AL KHALIJI COMMERCIAL BANK www.alkhaliji.com 44940808 44940494 AL-IJARAH HOLDING www.alijarah.com 44444132 44100400 DLALA BROKERAGE & INVESTMENT HOLDING www.dlalaholding.com 44440700 44440900 QATAR OMAN FOR INVESTMENT www.qatar-oman.com 44914887 44914888 ISLAMIC HOLDING GROUP www.islamicholding.com.qa 44498854 44498803 ZAD HOLDING www.zad.com.qa 44438137 44415000 QATAR GERMAN FOR MEDICAL DEVICES www.qgmd.com 44581328 44581201 SALAM INTERNATIONAL www.salaminternational.com 44833576 44833542 MEDICARE GROUP www.medicare.com.qa 44898803 44898804 QATAR CINEMA & FILM DISTRIBUTING www.qatarcinemas.com 44671511 44671620 QATAR FUEL www.woqod.com.qa 44427700 40217000 WIDAM FOOD CO. www.mawashi.com.qa 44433340 44433331 AL MEERA CONSUMER GOODS www.almeera.com 40119113 40119111 QATAR INDUSTRIAL MANUFACTURING www.qimc.com.qa 44837878 44831199 QATAR NATIONAL CEMENT www.qatarcement.com 44693900 44693800 INDUSTRIES QATAR www.industriesqatar.com.qa 44308628 44308681 QATARI INVESTORS GROUP www.qatariinvestors.com 44860976 44861926 QATAR ELECTRICITY & WATER www.qewc.com 44831116 44858585 MANNAI CORPORATION www.mannai.com 44558824 44558888 AAMAL HOLDING www.aamal.com.qa 44350777 44350666 GULF INTERNATIONAL SERVICES www.gis.com.qa 44308628 44308681 MESAIEED PETROCHEMICAL HOLDING www.mphc.qa 40139729 40132055 QATAR INSURANCE www.qatarinsurance.com 44831569 44962222 DOHA INSURANCE www.dicqatar.com 44657777 44335000 QATAR GENERAL INSURANCE & REINSURANCE www.qgirco.com 44437302 44282222 AL-KHALEEJTAKAFUL GROUP www.alkhaleejtakaful.com 44041122 44041111 QATAR ISLAMIC INSURANCE www.qiic.com.qa 44550111 44658888 UNITED DEVELOPMENT www.udcqatar.com 44098372 44098301 BARWA REAL ESTATE www.barwa.com.qa 44088885 44088888 EZDAN HOLDING GROUP www.ezdanholding.qa 44112972 44094001 MAZAYA QATAR REAL ESTATE DEVELOPMENT www.mazayaqatar.com 40121213 40121212 VODAFONE QATAR www.vodafone.qa 44096667 8007111 OOREDOO www.ooredoo.qa 44830011 44400400 QATAR NAVIGATION (MILAHA) www.milaha.com 44833244 44949666 GULF WAREHOUSING www.gulfwarehousing.qa 44493100 44493000 QATAR GASTRANSPORT (NAKILAT) www.nakilat.com.qa 44998111 44326788

11 | P a g e

Brokers

Company Name Website Phone Fax

The Group Securities www.thegroup.com.qa 44487777 44621474

Gulf Investment Group www.gig.com.qa 44653030 44654605

Qatar Securities Co. www.qatar-securities.com 44255255 44255238

International Financial Securities www.ifsc-qatar.com 44209333 44665529

Islamic Financial Securities Co. www.islamicbroker.biz 44498888 44498802

Dlala Brokerage Co. www.dlalabroker.com 44285444 44285222

Dlala Islamic Brokerage Co. www.dlalaislamic.com 44285555 44285000

Qnb Financial Services www.qnbfs.com.qa 44766666 44836286

Commercial Investment Service www.cbinvest.com.qa 44495522 44419578

Ahli Bank www.ahlibrokerage.com.qa 40110333 44370055

Masref Al Rayan www.alrayan.com/en/brokerage 44253333 44253212

Custodians

Company Name Mail Phone Fax

HSBC shreen.abeysekera@hsbc.com 44383345 44382264

QNB lee.david@qnb.com.qa 44407373 44407551

Standard Chartered Bank salman.sharif@sc.com 44248419

12 | P a g e

Traded shares

2015 2014 %

Volume 2,302,409,707 4,439,856,747 -48.15

Value 93,720,054,490 199,292,756,279 -52.98

0

50,000,000,000

100,000,000,000

150,000,000,000

200,000,000,000

250,000,000,000

2014 2015

0

500,000,000

1,000,000,000

1,500,000,000

2,000,000,000

2,500,000,000

3,000,000,000

3,500,000,000

4,000,000,000

4,500,000,000

5,000,000,000

Vo

lum

e

valu

e

Value Volume

13 | P a g e

Ownership transfers operations

2015 2014 %

No. Operations 1,190,807 2,058,604 -42.16

0 500,000 1,000,000 1,500,000 2,000,000 2,500,000

2014

2015

No. Operations

14 | P a g e

Exempt transfers

Transfers type 2015 2014 %

Family 2,888 5,059 -42.92

Inheritance 6,205 3,990 55.52

Exempt 85 86 -1.17

84.4

84.6

84.8

85

85.2

85.4

85.6

85.8

86

86.2

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

2014 2015

Exem

pt

tran

sfer

Fam

ily a

nd

inh

erit

ance

tra

nsf

er

Family transfer Inheritance transfer Exempt transfer

15 | P a g e

Number of Investors own shares

2015 2014 %

No. Investors 388,888 400,522 -2.91

Number of pledges and unpledges

Operations Type 2015 2014 %

Pledges 3,130 77,316 -95.96

Unpledges 6,213 58,828 -89.44

382,000 384,000 386,000 388,000 390,000 392,000 394,000 396,000 398,000 400,000 402,000

2015

2014

Number of Investors own shares

0 10,000 20,000 30,000 40,000 50,000 60,000 70,000 80,000 90,000

Pledges

Unpledges

2015 2014

16 | P a g e

Customer service operations

Operations Type 2015 2014 %

Opened New Accounts 2,059 35,183 -94.15

Statement Of Account 124,889 277,580 -55.01

To Whom It May Concern Certificate 2,627 3,032 -13.36

2400

2500

2600

2700

2800

2900

3000

3100

0

50000

100000

150000

200000

250000

300000

2014 2015

Opened New Accounts Statement Of Account

To Whom It May Concern Certificate

17 | P a g e

Ownership by nationality as of 31/12/2015

Nationality 2015 2014 %

Qatar 2,240,189.96 2,479,036.34 -9.63

USA 39,279.83 35,936.69 9.31

UAE 28,846.03 39,295.94 -26.60

Kuwait 14,158.21 16,897.13 - 16.21

UK 14,251.24 17,563.21 - 18.86

Saudi Arabia 13,188.14 17,422.7 - 24.31

Singapore 11,387.65 7,569.84 50.44

Bahrain 11,409.7 12,955.39 - 11.94

Luxembourg 8,966.27 15,054.73 - 40.45

Jordan 6,947.79 6,622.63 5

Oman 6,286.23 5,493.62 14.43

Ireland 5,598.13 4,777.07 17.19

Switzerland 3,526.9 2,596.93 35.82

Japan 4,088.22 1,717.15 138.082

Canada 4,033.34 2,908.33 38.69

Netherlands 2,719.23 1,904.95 42.75

China 2,853.91 2,065.80 38.16

Palestine 2,099.03 2,380.19 -11.82

Cayman Islands 2,239.74 3,285.18 -31.83

JERSEY 1,769.48 1,516.30 16.7

Australia 1,780.57 1,361.13 30.82

Lebanon 1,420.30 1,539.24 -7.73

Norway 4,340.47 2,110.51 105.66

Egypt 1,338.97 1,425.69 - 6.09