Level 18, Boulevard Plaza 2 Burj Khalifa District PO Box 1756, Dubai United Arab Emirates ‫دﻧﺗوﻧز أﻧد ﻛو‬ ٢ ‫ ﺑوﻟﯾﻔﺎرد ﺑﻼزا‬١٨ ‫اﻟطﺎﺑﻖ‬ ‫ﺣﻲ ﺑرج ﺧﻠﯾﻔﺔ‬ ‫ دﺑﻲ‬، ١٧٥٦ ‫ص ب‬ ‫اﻹﻣﺎرات اﻟﻌرﺑﯾﺔ اﻟﻣﺗﺣدة‬ Contents 1 Interpretation 2 2 Grant of Right 4 3 Exercise 4 4 Deposit of Deed 6 5 Benefit of Deed 6 6 Notices 6 7 Exercise of Rights 7 8 Limited Recourse 7 9 Severability 7 10 Further Assurance 8 11 Shari’a Compliance 8 12 Change in Status 8 13 Amendments 8 14 The Contracts (Rights of Third Parties) Act 1999 8 15 No Immunity 9 16 Governing Law 9 17 Dispute Resolution 9 Schedule 1 - Form of Additional Portfolio Assets Exercise Notice 12 Schedule 2 - Form of Sale Agreement 14 Contents (i) Additional Portfolio Assets Sale Undertaking Deed This Additional Portfolio Assets Sale Undertaking Deed (this Deed) is dated 30 September 2024 and made as a deed, By (1) The Islamic Development Bank, whose principal office is at 8111 King Khalid Street, Al Nuzlah Al Yamania District - Unit No. 1, Jeddah 22332-2444, Kingdom of Saudi Arabia (the IsDB), in favour of (2) IDB Trust Services Limited, a company incorporated under the laws of Jersey, whose registered office is at 44 Esplanade, St Helier, Jersey JE4 9WG (in its capacity as issuer and its capacity as trustee for the Certificateholders); and (3) IsDB Trust Services No.2 SARL, a private limited liability company (société à responsabilité limitée) incorporated under the laws of the Grand Duchy of Luxembourg, registered with the Luxembourg trade and companies register (Registre de commerce et des sociétés, Luxembourg) under number B247570 having its registered office at 28, Boulevard F.W. ... References in this Deed to Clauses, sub-Clauses and Schedules shall, unless the context otherwise requires, be references to clauses of, sub-clauses of and schedules to, this Deed. 1.2.2 References in this Deed to a person shall be construed as a reference to any individual, firm, company, body corporate, government, state or state entity or any association or partnership (whether or not having separate legal personality) or any two or more of the foregoing. 1.2.3 References in this Deed to any person shall include references to his successors, transferees and assigns and any person deriving title under or through him. 1.2.4 References in this Deed to any statutory provision shall, unless the context otherwise requires, be deemed also to refer to any statutory modifications or re-enactments thereof and to any statutory instruments, orders or regulations made thereunder or under any such reenactments. 1.2.5 References in this Deed to any agreement or other document shall be deemed also to refer to such agreement or document as modified, novated, supplemented or replaced from time to time with the prior consent of the parties thereto. 1.2.6 References herein to Portfolio or Additional Portfolio Assets are, in respect of each Series, to such Portfolio or Additional Portfolio Assets as are purchased by the relevant Trustee and not subsequently repurchased by the IsDB. 1.2.7 References herein to an amount falling due in respect of any Trust Certificates shall be deemed to include any amounts which are expressed to be payable under such Trust Certificates. 1.2.8 For the purpose of this Deed, the Trust Certificates of each Series shall form a separate Series and the provisions of this Deed (other than the Schedules) shall apply mutatis mutandis separately and independently to the Trust Certificates of each Series and, in this Deed, the expressions Trust Certificates, Certificateholders (as defined in the Conditions) and related expressions shall be construed accordingly. 1.2.9 With respect to Luxembourg entities, any references in this Deed to liquidation, winding-up, administration, and other similar insolvency proceedings and related concepts are to be construed as references to substantially equivalent proceedings and concepts under Luxembourg law (which include, without limitation, bankruptcy (faillite), moratorium of payments (sursis de paiement), judicial reorganisation (réorganisation judiciaire) or consensual reorganisation (réorganisation par accord amiable) under the Luxembourg law of 7 August 2023 on business business preservation and modernising of insolvency law, judicial liquidation (liquidation judiciaire), voluntary liquidation (liquidation volontaire), administrative dissolution without liquidation (dissolution administrative sans liquidation), general settlement with creditors or any other similar proceedings affecting the rights of creditors generally under Luxembourg law), unless the context requires otherwise. 1.3 Amendment and Restatement The Original Additional Portfolio Assets Sale Undertaking Deed shall be amended and restated on the terms of this Deed.

SUMMARY AND RECOMMENDATIONS 70 5.1 Summary of strengths and gaps in planning and reporting for focus countries 71 5.2 Best practices to enhance strengths and address gaps 75 5.3 National, regional, and global capacity building opportunities 77 Annex 1: Resources on NDC and SDG Synergies 80 Annex 2: NDC and VNR Transport Typology 80 Annex 3: Key Performance Indicators for Tracking Global Processes 82 List of Figures 03 List of Figures Figure 1: SDG targets related to Sustainable Transport 12 Figure 2: Impacts of Transport Mitigation Measures on the 17 SDGs (green = positive, grey = neutral, red = negative) 27 Figure 3: References to Co-Benefits of Transport in Focus Countries 28 Figure 4: Share of IsDB countries in Major Indicators 29 Figure 5: Growth of motorization rate 31 Figure 6: Comparison of economy-wide and transport emissions growth 31 Figure 7: Transport mitigation measures in NDCs and VNRs of IsDB member countries 35 Figure 8: Comparison of lead/co-lead ministries implementing NDCs and SDGs for 90 countries 39 Figure 9: Sustainable transport in all and IsDB VNRs (red=2017, blue=2018) 41 Figure 10: Components of guidance tool 48 Figure 11: Key words provided by EGM participants 51 Figure 12: EGM result on importance of transport targets 56 List of Tables Table 1: Focus countries by income group 16 Table 2: Overview of few major characteristics of focus countries 16 Table 3: Vehicle ownership growth in comparison 30 Table 4: Trends in transport emissions, pollution and fatalities 32 Table 5: Non-transport emission targets by countries 32 Table 6: Targets in NDCs 34 Table 7: Transport measures of NDCs in detail 36 Table 8: Climate change and sustainable development references in transport strategies 38 Table 9: Leads of NDCs, NCs and VNRs in comparison 40 Table 10: Sustainable transport in NDCs and VNRs of focus countries 41 Table 11: Reporting for major UNFCCC mechanisms 42 Table 12: Transport activities in NCs 42 Table 13: Vision of focus countries 56 Table 14: Summary of strengths and gaps in focus country plans and reporting 72 Table 15: IsDB countries member countries with transport mitigation targets 73 Table 16: Best Practices for Application of Guidance 75 Table 17: NDC and VNR Activity Timeframes 77 04 Transport, Climate Action and Sustainable Development: Synergies Across NDCs and VNRs in IsDB Member Countries List of Abbreviations and Acronyms ADB Asian Development Bank AfDB African Development Bank BAU Business-as-usual BRT Bus rapid transit BUR Biennial Update Reports CNG CO2 Compressed natural gas COP Conference of Parties ECA United Nations Economic Commission for Africa EGM Expert group meeting ESCAP United Nations Economic and Social Commission for Asia and the Pacific ESCWA United Nations Economic and Social Commission for Western Asia EST Environmentally Sustainable Transport GCF Green Climate Fund GHG Greenhouse gas HLPF United Nations High-level Political Forum on Sustainable Development IKI International Climate Initiative IPCC Intergovernmental Panel on Climate Change IsDB Islamic Development Bank LIC Low-income country LMIC Low- and middle-income country MAPS Mainstreaming, Acceleration, Polity, Support MCA Multi-Criteria Analysis MDB Multilateral Development Bank MRV Measurement, reporting and verification Mt million tonnes NAMA Nationally Appropriate Mitigation Action NAP National adaptation plan NC National communications NDC Nationally Determined Contribution NO Nitrogen oxide PM Particulate matter RCW Regional climate week RHD Roads and Highways Division SCAN SDG Climate Action Nexus tool SDG Sustainable Development Goal SLoCaT Partnership on Sustainable, Low Carbon Transport SUMP Sustainable urban mobility plan SUTRI Sustainable Urban Transport Programme Indonesia TUMI Transformative Urban Mobility Initiative UNCRD United Nations Centre for Regional Development UNCTAD United Nations Conference on Trade and Development UNFCCC United Nations Framework Convention on Climate Change VNRs Voluntary National Reviews on the SDGs WRI World Resources Institute Carbon dioxide Acknowledgments Acknowledgments The preparation of this report was led by the Climate Change Division and Economic Infrastructure Division at the Islamic Development Bank’s Country Programs Complex (CPC).