Bank of New York / Adr Division Sample Contracts

Bank of New York / Adr Division – THE BANK OF NEW YORK MELLON AMERICAN DEPOSITARY RECEIPT FOR STAPLED SECURITIES OF ASCENDAS HOSPITALITY TRUST, EACH CONSISTING OF ONE UNIT OF ASCENDAS HOSPITALITY REAL ESTATE INVESTMENT TRUST AND ONE UNIT OF ASCENDAS HOSPITALITY BUSINESS TRUST (INCORPORATED UNDER THE LAWS OF SINGAPORE) (July 16th, 2013)

The Bank of New York Mellon, as depositary (hereinafter called the “Depositary”), hereby certifies (i) that there have been deposited with the Depositary or its agent, nominee, custodian, clearing agency or correspondent, the securities described above (“Stapled Securities”) or evidence of the right to receive such Stapled Securities, (ii) that at the date hereof each American Depositary Share evidenced by this Receipt represents the amount of Stapled Securities shown above, and that

Bank of New York / Adr Division – São Paulo, December 16th, 2011 (January 10th, 2012)

Brazilian Depositary Receipts, each one representing an interest in five shares of outstanding common stock of TGLT S.A., a corporation organized under the laws of the Argentine Republic (the “Company”)