

| CONTACTS Fund Director: Claire Cabanel Rey Tel (UAE): +971.50.558.5705 Tel (France): +33.6.67.32.36.03 claire.cabanel@walnutfinance.com Fund Management: walnutfinance Tel: +971.4.343.0782 Fax: +971.4.343.0569 www.walnutfinance.com/WEF PO Box 51774 Dubai (UAE) |
| WOMEN'S EXECUTIVE FUND A specialized investment vehicle promoting the participation of women in the decision-making bodies of companies |
| Recent studies lead by reputed consultants, companies, or universities -Catalyst, McKinsey- have constantly shown that companies with a higher percentage of women in boards or senior management perform better than the average. "Newly public companies that have women in senior management enjoy higher initial public offering prices and higher earnings per share than companies that have all-made management teams." Professor Theresa Welbourne of University of Michigan Business School – July 1999 ‘The study suggests that the companies where women are most strongly represented at board or top-management level are also the companies that perform best.’ Women Matter, “Gender diversity, a corporate performance drive”, McKinsey study report 2007. Gender diversity (women/men) within management leads to performance ‘Women and girls aren’t the problem; they are the solution’, Nicholas D. Kristof, The New York Times, August 23, 2009 |
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