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at current levels. The fundamental bull case for Health rests on the strong pipeline of new products for
ector, region or other classification(s). A stock’s coverage cluster is included in the most recent BofA Merrill Lynch report referencing the stock. BofA Merrill Lynch Research Personnel (including the analyst(s) responsible for this report) receive compensation based upon, among other factors, the overall profitability of Bank of Ame
Page: HOUSE_OVERSIGHT_014457 →at current levels. The fundamental bull case for Health rests on the strong pipeline of new products for
ector, region or other classification(s). A stock’s coverage cluster is included in the most recent BofA Merrill Lynch report referencing the stock. BofA Merrill Lynch Research Personnel (including the analyst(s) responsible for this report) receive compensation based upon, among other factors, the overall profitability of Bank of Ame
Page: HOUSE_OVERSIGHT_014496 →ncrease penetration of higher margin offerings 48 Health: Not Tremendously Prescriptive 51 Vision 2030 a s
of MLPF&S and/or one or more of its affiliates: BAE SYSTEMS, Bahrain, Bahrain (Treasury), Dubai, Qatar, Qatar (Central Bank), SABIC, THALES, Yansab. BofA Merrill Lynch Research Personnel (including the analyst(s) responsible for this report) receive compensation based upon, among other factors, the overall profitability of Bank of Ame
Page: HOUSE_OVERSIGHT_016193 →Entities connected to both BofA Merrill Lynch Research Personnel and HealthCap

Michael Bloomberg
PERSON
Donald Trump
PERSON
United Kingdom
LOCATION
Bank of America
ORGANIZATION
Seoul
LOCATION
Merrill Lynch
ORGANIZATIONMerchant Bank
ORGANIZATIONThe Financial Service Board
ORGANIZATIONthe Securities and Futures Bureau
ORGANIZATION
Bank of America Corporation
ORGANIZATIONthe Central Bank of Ireland
ORGANIZATIONthe Financial Supervisory Service
ORGANIZATIONBaFin
ORGANIZATION
Merrill Lynch Global Wealth Management
ORGANIZATION
Frankfurt
LOCATIONMerrill Lynch KSA Company
ORGANIZATION
United States
LOCATIONMerrill Lynch Argentina SA
ORGANIZATIONMerrill Lynch (Asia Pacific) Limited
ORGANIZATION
the Financial Services Agency
ORGANIZATION