Organizational Chart 09

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GOVERNMENT DEVELOPMENT BANK FOR PUERTO RICO C O M M O N W E A L T H O F P U E R T O R I C O LEGEND: 1. Advisory Units 2. Administration Units 3. Business Units NOTE: Subsidiaries and A liates a) GDB Capital Fund b) Puerto Rico Development Fund c) Puerto Rico Housing Finance Authority (PRHFA) d) Government Financial Center e) Puerto Rico Public Finance Corporation (PFC) f) Puerto Rico Tourism Development Fund (TDF) g) José M. Berrocal Institute for Economics and Finance h) Puerto Rico Industrial, Tourist, Educational, Medical and Environmental Control Facilities Financing Authority (AFICA) i) Puerto Rico Municipal Finance Agency (MFA) j) Children’s Trust k) Puerto Rico Infrastructure Financing Authority (PRIFA) L) Puerto Rico Sales Tax Financing Corporation (COFINA) Attached a) Puerto Rico Telephone Authority Holdings Corp. b) ULTRACOM (Telecomunicaciones Ultramarinas de P.R.) c) Special Communities Trust Fund d) Puerto Rico Telephone Authority Reports to the Executive Vice-President of Administration, Operations and Comptrollership per instructions of the President ORGANIZATIONAL CHART Board of Directors Auditor’s Office Office of the President 1 Office of Finance for Infrastructure and Real Estate Development Projects Office of Macroeconomic Studies and Analysis Communications Office Legal Counsel’s Office Office of Human Resources and Labor Relations 3 Financing, Investment and Treasury Area 3 Fiscal Agency Area 2 Administration, Operations and Comptrollership Area Financing New York Office Financing Office Government Asset Management Department Public Financing Department Investment Treasury Oversight and Compliance Department Credit and Compliance Department Comptroller’s Office Operations Office Strategic Planning Department Oversight Division Arbitration Division Accounting and Finance Department Information Systems Department Administration and Security Department Operations of Investment and Treasury Department Development Projects Management Department Operations Department Children’s Trust Fund Program Private Financing Department Municipal Financing Department Treasury Division

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