1)

Have never been convicted of a felony or misdemeanor involving moral turpitude and breach of trust or of insolvency, unless rehabilitated; and

2)

Have never been punished with any administrative sanction determined by a decision of the Board, on the grounds of committing a violation of any of the provisions of this Decree-Law or Federal Decree Law No. (32) of 2021, referred to hereinabove, in his capacity as a Director General or Board Member of a Company or beneficial owner thereof or controlling over its capital, including liability for causing loss, bankruptcy or liquidation of the Company.