Epstein Secrets

other busi his re ities. None of MLPF&S, any of i Research policy prohibits rese containing such rating, rec

onships* Count Percent Buy 58 46.03% Buy 45 17.59% Hold 34 26.98% Hold 29 85.29% Sell 34 26.98% Sell 20 58.82% Equity Investment Rating Distribution: Global Group (as of 30 Sep 2016) Coverage Universe Count Percent Inv. Banking Relationships* Count Percent Buy 1553 49.44% Buy 1130 12.16% Hold 730 23.24% Hold 5

ofessionals in other business areas of BofA Merri Research and certain business groups. As a resul BofA res

onships* Count Percent Buy 126 59.43% Buy 70 55.56% Hold 35 16.51% Hold 7 48.57% Sell 51 24.06% Sell 17 33.33% Equity Investment Rating Distribution: Global Group (as of 31 Mar 2017) Coverage Universe Count Percent Inv. Banking Relationships* Count Percent Buy 1578 51.33% Buy 979 62.04% Hold 690 22.45% Hold 43

am, I/B/E/S, Bloomberg, BofA Merrill Lynch Global Research OS Merrill Lynch GEMs Paper #26|30 June 2016 43

: No purchase or sale of CDS is recommended. Sell Protection: Sell CDS, therefore going long credit risk. Sovereign Investment Rating Distribution: Global Group (as of 31 Mar 2016) Coverage Universe Count Percent Inv. Banking Relationships* Count Percent Buy § 12.82% Buy 2 40.00% Hold 28 71.79% Hold 12 42.86

ompensation received from, such issuers in BofA research reports. To the extent this report discusses any

ionships* Count Percent Buy 60 48.39% Buy 39 65.00% Hold 35 28.23% Hold 26 14.29% Sell 29 23.39% Sell 7 58.62% Equity Investment Rating Distribution: Global Group (as of 31 Mar 2017) Coverage Universe Count Percent Inv. Banking Relationships* Count Percent Buy 1578 51.33% Buy 979 62.04% Hold 690 22.45% Hold 43