UAE Aviation LawLaw No. (8) of 2006 Establishing Dubai Aviation City Corporation

Article (2) The following words and expressions, wherever mentioned in this Law, will have the meaning indicated opposite each of them unless the context implies otherwise: Emirate: The Emirate of Dubai. Ruler: His Highness the Ruler of Dubai. Government: The Government of Dubai. DACC: Dubai Aviation City Corporation. ©2015 The Supreme Legislation Committee of the Emirate of Dubai 1Every effort has been made to produce an accurate and complete English version of this legislation. However, for the purpose of its interpretation and application, reference must be made to the original Arabic text. In case of conflict the Arabic text will prevail.

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Law No. (20) of 2007 Amending Law No. (8) of 2006 Establishing Dubai Aviation Corporation in Jebel Ali Page 2 of 3 Board of Directors: The board of directors of DACC. Chairman: The chairman of DACC. Affiliate: Any company or corporation licensed to operate in DAC and in which DACC holds no less than ten percent (10%) of its capital. DAC: Dubai Aviation City whose boundaries and features are demarcated on Site Plan (1) attached to this Law. Airport: Al Maktoum International Airport in DAC. Free Zone: The free zone in DAC, whose boundaries and features are demarcated on Site Plan (2) attached to this Law. DAC Zones: The Airport, Free Zones, and non-free zones in DAC. Sole Establishments and Companies: Sole establishments and companies licensed to operate in DAC. Establishment

Article (3) Pursuant to this Law the following entities are established: 1. a city named “Dubai Aviation City” divided into zones including the Airport, Free Zone, and non-free zones whose boundaries are demarcated on the site plans attached to this Law; and 2. a public corporation wholly owned by the Government named “Dubai Aviation City Corporation”. DACC will own DAC and manage its affairs, and will have financial and administrative autonomy and the full legal capacity to enter into all contracts and undertake all dispositions. It may sue and be sued in its own name, and appoint any natural or legal person to represent it or represent its Affiliates in judicial claims and proceedings. It will be managed on commercial basis. Applicable Law

Article (25) 1. Neither DAC nor the Free Zone may be subject to the laws, regulations, authorities, and powers of the Rent Tribunal. With the exception of environment laws and regulations, neither DAC, nor the Free Zone, nor any natural or legal persons operating in DAC or in the Free Zone will, in respect of their operations in DAC or the Free Zone, be subject to the laws, regulations, authorities, and powers of Dubai Municipality and the Department of Economic Development.

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Law No. (20) of 2007 Amending Law No. (8) of 2006 Establishing Dubai Aviation Corporation in Jebel Ali Page 3 of 3 2. Sole Establishments and Companies operating in DAC and the Free Zone will conduct their activities in accordance with the licences issued to them pursuant to the regulations issued by the Chairman in this regard. 3. Free Zone corporations may, in accordance with the terms and restrictions determined by DACC, be based outside the Free Zone for no later than four (4) years as from the date this Law comes into force. For the purposes of this Article, the relevant activities and business conducted outside the Free Zone will be deemed as if conducted inside the Free Zone, and will be subject to the laws and regulations in force in the Free Zone. 4. The Chairman will issue the regulations and bylaws regulating work at DAC and the Free Zone.