Appendix B Searches

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Overview

By executing this deed, the settlor creates a discretionary trust.

The trustee of the trust is given power to invest the trust fund at the trustee’s absolute discretion.
The trustee is given extensive powers to distribute the income and capital of the trust among a
wide range of beneficiaries. Those powers are also to be exercised at the trustee’s absolute
discretion.

The beneficiaries are either named in the Schedule or are members of classes of persons
described in the Schedule. The trustee has power to add beneficiaries and to remove
beneficiaries. No beneficiary has any entitlement to any part of the trust fund under the trust deed.

The settlor cannot benefit under the trust.

Some of the trustee's powers can only be exercised with the consent of the appointor, if an
appointor is named in the Schedule. The appointor has power to remove a trustee and appoint a
new one.