INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT BOARD OF GOVERNORS Resolution No. 656 Direct Remuneration of Executive Directors and their Alternates RESOLVED: THAT, effective July 1, 2017, the remuneration of the Executive Directors of the Bank and their Alternates pursuant to Section 13(e) of the By-Laws shall be paid in the form of a salary without a separate supplemental allowance, and such salary shall be paid at the annual rate of $258,570 for Executive Directors and $223,680 for Alternate Executive Directors. (Adopted on September 13, 2017)