BEX Weekly Update

16 — No Custody Fees

Since the custody of blockshares happens on BEX and not through intermediaries, there is no custody fee for holders of blockshares. Stocks traded on traditional exchanges are often associated with significant custody fees charged by banks. The custody of assets in the form of securities held by traditional banks is very expensive, especially when those securities have a listed stock price. This is not the case with blockshares listed on BEX Mauritius Block Exchange. There is zero custody fee for blockshares.