OFFICIAL DOCUMENTS Amendment No. 1 to the Administration Agreement between the European Commission and the International Bank for Reconstruction and Development concerning the Part II Europe 2020 Programmatic Single-Donor Trust Fund Trust Fund (No. TFO72957) (EC Contract No. 2017/393-321) 1. The European Union, represented by the EUROPEAN COMMISSION (hereinafter referred to as "the Donor"), which is represented for the purposes of signature of this amendment by Holger Schroeder, Head of Unit D5, "Western Balkans Regional Cooperation and Programmes", Directorate-General for Neighbourhood and Enlargement Negotiations ("DG NEAR"), on the one part, and 2. The INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT (hereinafter referred to as "the Bank"), represented for the purposes of signature of this amendment by Linda van Gelder, Country Director, Europe Western Balkans, on the other part, Having regard to the above-mentioned Administration Agreement signed on December 20, 2018. Whereas the Bank has requested the Commission to amend the above-mentioned Administration Agreement for the following reasons: the need to extend the duration of the Agreement and revise accordingly the End Disbursement Date and the indicative output table, mainly due to the need to prolong the activities in order to respond to the COVID-19 pandemic. HAVE AGREED AS FOLLOWS: Article 1 The "Indicative outputs and timeline table" of Annex 1 "Part II Europe 2020 Trust Fund Description" to the Administration Agreement is modified to read as follows: Main activity Main Deliverable and Description of the sub-activities Milestones dates Conducting Deliverable: Note summarizing research and identifying priorities background research to Literature review identify priorities Survey with investors QI 2019 Survey with entrepreneurs Designing the Deliverable: Program Design content of the Defining eligibility criteria for relevant sample for the randomized controlled trial PoB 2 Pilot program Defining the curricula of topics to be covered based on background analysis conducted in Phase I Add 1 CN 2018/393-321 Selecting the best delivery mode for the support services Coordinating the program with local initiatives (e.g. Balkans Venture Forum) to avoid crowding-out regional resources from ongoing projects [Preparation of program description and implementation manual] Deliverable: Program Implementation Opening a regional call for applications Q3 2020 Dissemination activities including to attract high take-up i.e., press conferences, Launching and roadshows, local community gatherings, networking implementation Q4 2020 of the PoB 2 Pilot Launching the pre-screening process to identify high-growth stan-ups and SMEs program Randomizing for selecting treatment and control groups Providing the business support services for Group I of firms Q4 2020 - Q2 2021 Providing the business sUpport services for Group 2 of firms Q4 2020 - Q2 2021 Preparing [progress/implementation] report[sl Q3 2021 Deliverable: Impact Evaluation Conducting Baseline survey for Group I of firms Q4 2020 - QI 2021 Conducting Baseline survey for Group 2 of Firms Q4 2020 - Q2 2021 Conducting Endline survey-- first follow-up for Group I of firms -- Q2-Q3 2021 Conducting the impact Conducting Endline survey-- first follow-up for Group 2 of firms -- Q2-Q3 2021 evaluation Conducting Endline survey --second follow-up for Group I of firms -- Q3 2021 Conducting Endline survey-- second follow-up for Group 2 of firms Q3 2021 Preparing final report Q4 2021 Deliverable: Results dissemination and knowlede transfer aDKnonatedg Preparation ofcommunication plan Q3 202[ transfer Delivering workshops with stakeholders and local authorities Q4 2021 Preparing compilation of materials and dissemination notes for authorities Q4 2021 Article 2 Section 6.1. of Annex 2 "Standard Provisions" to the Administration Agreement is modified to read as follows: "6.1. It is expected that the funds deposited in the Trust Fund will be fully disbursed by the Bank by March 31, 2022 (the "End Disbursement date"). The Bank shall only disburse funds deposited in the Trust Fund for the purposes of this Administration Agreement (other than returns to Donor) after such date to the extent such date is changed in accordance with amendments made to the Administration Agreement(s) of the Donor. Following the End Disbursement Date, the Bank shall return any remaining balance of the Trust Fund to the Donor in the Holding Currency in the manner specified in its respective Administration Agreement on a pro rata basis with regard to the total funds deposited in the Trust Fund by such Donor relative to the total funds deposited in the Trust Fund by the Donor, all calculated as Holding Currency amounts." 2 Add I CN 2018/393-321 In light of this extension, the revised Timetable for Indicative Outputs, enclosed herewith, shall be considered integral part of the Administration Agreement. All other provisions of the Administration Agreement shall remain unchanged. The present amendment shall form an integral part of the Administration Agreement and it shall enter into force and take effect on the date on which it is signed by the last party, INTERN NAL K FOR RECONSTRUCTION AND DEVELOPMENT By: Nam inda van r Title: Country D ctor, Europe Western Balkans Date: EUROP ANUNIO represented by the EUROPEAN COMMISSION By: Name: Holger Schroeder Title: Head of Unit D5, "Western Balkans Regional Cooperation and Programmes", DG NEAR Date: 3 Add I CN 2018/393-321