Depositary Management Corporation is a premier provider of depositary receipt services. We advise foreign issuers on all matters relating to American depositary receipts (ADRs), global depositary receipts (GDRs) and Hong Kong depositary receipts (HKDRs), and we deliver value to our clients by obtaining the best results from their depositary receipt programs. Whether your company is seeking to deal with unsponsored ADR programs, establish a new depositary receipt program on optimal terms, or derive additional value from an existing program, we have the breadth of experience and in-depth industry knowledge to meet your needs. To learn how Depositary Management Corporation works on behalf of companies like yours to create, improve or gain control of a depositary receipt program, refer to the area of our website that applies to you:

ADDING VALUE TO AN EXISTING SPONSORED ADR/GDR/HKDR PROGRAM
Depositary Management Corporation works with companies that already have a sponsored DR program in place, helping to restructure the program where appropriate to ensure that proper financial contributions and services are being provided thereunder and that legal risk is being effectively managed.

CREATING A NEW ADR/GDR/HKDR PROGRAM
If your company is considering the establishment of a new DR program, Depositary Management Corporation will help you harness the full power that such a program can deliver. UNSPONSORED ADR PROGRAMS
Depositary Management Corporation works with companies that have become the subject of one or more unsponsored ADR programs on an unsolicited basis, advising them on strategies for dealing with their unsponsored programs and, where appropriate, aiding in the transition to a sponsored ADR program on the most advantageous terms

Regardless of your company’s needs, Depositary Management Corporation’s unmatched expertise in the Depositary Receipt industry will help you leverage your DR program in ways that may be surprising to you. The services we offer to create added value for our clients include the following:

• Conducting and managing a request for proposal process to obtain competing bids for your depositary receipt program, and negotiating
  commercial terms of the program with depositary banks


• Ensuring that the financial contributions and expense reimbursements payable by your depositary bank are suitable in relation to your peer
  group and the characteristics of your program


• Ensuring that proper protections are in place to minimize your company’s exposure to potential litigation risk in connection with its depositary
  receipt program


• Once a depositary receipt program is in place, reviewing service levels to ensure your company receives the full extent of program-related
  services from its depositary bank

We offer Success Fee pricing with no fees being charged unless your company receives quantifiable financial benefits as a result of our services.