Common use of CASH AND BANKS Clause in Contracts

CASH AND BANKS. A detail of the cash and banks balance is as follows: 6/30/2021 12/31/2020 Cash US$ 10 9 Foreign banks 22,386 27,350 Local banks 5,726 5,392 Total US$ 28,122 32,751 Foreign banks - Corresponds to cash held in current accounts at Citibank N.Y. Local banks - Include balances in the Fideicomiso Mercantil Quiport On Shore Trust bank account in which all regulated income is received, until transferred to the Municipality of Quito by the Trust and the Corporation’s own account. Also includes the bank account in which collection of non-regulated income is received, which is managed by the Trust to fulfill the obligations contracted by Quiport.

CASH AND BANKS. A detail of the cash and banks banks’ balance is as follows: 6/30/2021 12/31/2020 30/6/2023 31/12/2022 Cash US$ 10 9 8 Foreign banks 22,386 27,350 40,304 28,511 Local banks 5,726 5,392 3,960 17,251 Total US$ 28,122 32,751 44,273 45,770 Foreign banks - Corresponds to cash held in current checking accounts at Citibank N.Y. Local banks - Include balances in the Fideicomiso Mercantil Quiport On Shore Trust bank account in which all regulated income is receivedrevenues are collected, until transferred to the Municipality of Quito by the Trust and the Corporation’s own account. Also includes the bank account in which collection of non-non- regulated income is revenues are received, which is managed by the Trust to fulfill the obligations contracted by Quiport.

CASH AND BANKS. A detail of the cash and banks balance is as follows: 6/30/2021 12/31/2020 31/12/2020 31/12/2019 Cash US$ 10 9 25 Foreign banks 22,386 27,350 Local banks 5,726 60,996 Loc xx xxxxx 5,392 6,605 Total US$ 28,122 32,751 67,626 Foreign banks - Corresponds to cash held in current accounts at Citibank N.Y. Local banks - Include balances in the Fideicomiso Mercantil Quiport On Shore Trust bank account in which all regulated income is received, until transferred to the Municipality of Quito by the Trust and the Corporation’s own account. Also includes the bank account in which collection of non-regulated income is received, which is managed by the Trust to fulfill the obligations contracted by Quiport.

CASH AND BANKS. A detail of the cash and banks balance is as follows: 6/30/2021 12/31/2020 31/3/2021 31/12/2020 Cash US$ 10 9 Foreign banks 22,386 26,050 27,350 Local banks 5,726 Loc xx xxxxx 3,857 5,392 Total US$ 28,122 29,918 32,751 Foreign banks - Corresponds to cash held in current accounts at Citibank N.Y. Local banks - Include balances in the Fideicomiso Mercantil Quiport On Shore Trust bank account in which all regulated income is received, until transferred to the Municipality of Quito by the Trust and the Corporation’s own account. Also includes the bank account in which collection of non-regulated income is received, which is managed by the Trust to fulfill the obligations contracted by Quiport.