FINANCIAL REPORTS & MEETINGS

Financial Reports & Meetings
9.13 The Directors of the Hotel Operating Company will deliver quarterly unaudited and annual audited financial statements to the Directors of the Carlton Savannah REIT (Jamaica) Limited. The quarterly unaudited statement will be delivered no later than 30 days after the end of the quarter. The Hotel Operating Company has the option to deliver the annual audited statements no later than 45 days after the close of its financial year if an unaudited fourth quarter statement was not delivered to the Company or to deliver the annual audited statements no later than 60 days if an unaudited fourth quarter statement was delivered.

9.14 Unaudited quarterly and audited annual financial statements of the Company will be distributed to the respective Stock Exchanges in accordance with the rules of the stock exchanges on which the shares are listed. The unaudited quarterly and audited annual financial statements of the hotel operating company received by the Directors of the Company will be delivered to the Jamaica Stock Exchange and be made available for inspection at the registered office of the Company.



9.15 These financial statements will be reviewed at the monthly meetings of the Board of Directors.