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sector, while the private payments companies stressed the importance of partnering with incumbent leaders and the need to maintain safety standards. BofA Merrill Lynch does and seeks to do business with issuers covered in its research reports. As a result, investors should be aware that the firm may have a conflict
Page: HOUSE_OVERSIGHT_014315 →onflicts of interest are described at http://go.bofa.com/coi. have a financial interest in securities of the issuer(s) or in related investments. | Lynch, Pierce, Fenner & Smith Incorporated ("MLPF&S’) and its affiliates. Investors should contact their BofA Merrill Lynch representative or Merrill Lynch Global Wealth Management financial
Page: HOUSE_OVERSIGHT_014394 →LPF&S and is not registered/qualified as a research analyst under the FINRA rules. Refer to "Other Important Disclosures" for information on certain BofA Merrill Lynch entities that take responsibility for this report in particular jurisdictions. BofA Merrill Lynch does and seeks to do business with issuers covered
Page: HOUSE_OVERSIGHT_014972 →erest in securities of the issuer(s) or in related investments. policies relating to conflicts of interest are described at http://go.bofa.com/coi. | Lynch, Pierce, Fenner & Smith Incorporated ("MLPF&S’) and its affiliates. Investors should contact their BofA Merrill Lynch representative or Merrill Lynch Global Wealth Management financial
Page: HOUSE_OVERSIGHT_014999 →analyst under EEMUS 15.4(-0.1) 13.2 (08) the FINRA rules. TOP4O 1511.0) — 109(00) Refer to "Other Important Disclosures" for information on certain BofA Merrill Lynch entities that take oy ne responsibility for this report in particular jurisdictions. RDX 24.7 (1.2) 21.3(0.0) BofA Merrill Lynch does and seeks to
Page: HOUSE_OVERSIGHT_023575 →est in securities of the issuer(s) or in related investments. policies relating to conflicts of interest are described at http://go.bofa.com/coi. | Lynch, Pierce, Fenner & Smith Incorporated (‘MLPF&S’) and its affiliates. Investors should contact their BofA Merrill Lynch representative or Merrill Lynch Global Wealth Management financial a
Page: HOUSE_OVERSIGHT_023609 →Entities connected to both BofA Merrill Lynch and Lynch, Pierce, Fenner & Smith Incorporated

Bank of America
ORGANIZATION
Merrill Lynch
ORGANIZATION
Merrill Lynch Global Wealth Management
ORGANIZATION
United Kingdom
LOCATION
Bank of America Corporation
ORGANIZATION
Donald Trump
PERSON
Frankfurt
LOCATION
Michael Bloomberg
PERSONMerchant Bank
ORGANIZATION
Merri
ORGANIZATIONThe Financial Service Board
ORGANIZATIONILynch
ORGANIZATIONMerrill Lynch (Asia Pacific) Limited
ORGANIZATIONOtoritas Jasa Keuangan
ORGANIZATIONMerrill Lynch International Incorporated
ORGANIZATIONthe Prudential Regulation Authority
ORGANIZATIONBaFin
ORGANIZATION
United States
LOCATIONthe Securities and Futures Bureau
ORGANIZATIONthe Australian Securities and Investments Commission
ORGANIZATION