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regulated by the Financial Conduct Authority and the Prudential Regulation Authority under jaws in the United Kingdom; GSSP is regulat
ws of ISG, is not research and is nota product of Global nvestment Research or Goldman Sachs Asset Manageme
nse spending Operating weakness for Bombardier’s Global family, which competes with the Gulfstream family
a (Pty) Ltd., regulated by The Financial Service Board; MLI (UK): Merrill Lynch International, regulated by the Financial Conduct Authority (FCA) and the Prudential Regulation Authority PRA); Merrill Lynch (Australia): Merrill Lynch Equities (Australia) Limited, regulated by the Australian Securities and Investments Commission; Merri
Page: HOUSE_OVERSIGHT_014650 →value Almarai on 21x 2017E EPS, a 15% premium to Global (blue chip) food producer averages. We believe th
a (Pty) Ltd., regulated by The Financial Service Board; MLI (UK): Merrill Lynch International, regulated by the Financial Conduct Authority (FCA) and the Prudential Regulation Authority PRA); Merrill Lynch (Australia): Merrill Lynch Equities (Australia) Limited, regulated by the Australian Securities and Investments Commission; Merri
Page: HOUSE_OVERSIGHT_016193 →Entities connected to both the Prudential Regulation Authority and BT Global

Frankfurt
LOCATION
United Kingdom
LOCATIONBaFin
ORGANIZATION
Donald Trump
PERSON
the Financial Services Agency
ORGANIZATION
Michael Bloomberg
PERSONthe Dubai Financial Services Authority
ORGANIZATION
Seoul
LOCATION
Malaysia
LOCATION
Bank of America
ORGANIZATION
Merrill Lynch
ORGANIZATION
Merrill Lynch Global Wealth Management
ORGANIZATIONThe Financial Service Board
ORGANIZATIONMerchant Bank
ORGANIZATIONthe Financial Supervisory Service
ORGANIZATION
United States
LOCATION
Bank of America Corporation
ORGANIZATIONThe Monetary Authority of Singapore
ORGANIZATION
Philippines
LOCATION
BofA Merrill Lynch
ORGANIZATION