Record of Non-Affiliation

We confirm that

CFP BROKERS CC (Registration no. 2010/047116/23)
A close corporation incorporated in accordance with the laws of the Republic of South Africa,
(hereinafter referred to as “CFP BROKERS”)
is not affiliated in any way whatsoever with:

1. FINANCIAL PLANNING STANDARDS BOARD, LTD
A company incorporated in accordance with the laws of the United States of America
of 707 17th Street, Suite 2925, Denver, Colorado, 80202, United States of America.
(hereinafter referred to as “FPSB”)

or

2. FINANCIAL PLANNING INSTITUTE (“FPI”)
who is the sole licensing authority for the CFP trademark in South Africa
under an affiliation and license agreement with FPSB;

or

3. The CFP certification.