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Stanley AG. Singapore (Registration number T11FCO207F): in Australia to 'wholesale clients' within the meaning of the Australian Corporations Act by Morgan Stanley Australia Limited iiit . 67 003 734 576. holder of Australian Wiancial services license No. 233742. which accepts responsibdily for its contents:' tralia to 'wholesa
1505; Tokyo +81 (0)16836.9000. Alternatively you may contact your investment representative or Morgan Stanley Research at 1585 Broadway. (Attention: Research Management). New York. NY 10036 USA. Analyst Certification The following analysts hereby certify that their views about the companies and their securities dis
Stanley AG. Singapore (Registration number T11FCO207F): in Australia to 'wholesale clients' within the meaning of the Australian Corporations Act by Morgan Stanley Australia Limited if . 67 003 734 576. holder of Australian friancial services license No. 233742. which accepts responsibdily for its contents:' tralia to 'wholesa
-1505; Tokyo +81 (0)3.6836-9000. Mtematively you may contact your investment representative or Morgan Stanley Research at 1585 Broadway. (Attention: Research Management). New York. NY 10036 USA. Analyst Certification The following analysts hereby certify that their views about the companies and their securities dis
MS_Print Design_North America Insight English
site at www.morganstanley.com/researchdisclosures, or contact your investment representative or Morgan Stanley Research at 1585 Broadway, (Attention: Research Management), New York, NY, 10036 USA. For valuation methodology andrisks associated with any recommendation, rating or price target referencedin this research
Page: HOUSE_OVERSIGHT_025583 →ited, Singapore Branch (Registration number T1IFCO207F); in Australia to “wholesale clients" within the meaning of the Australian Corporations Act by Morgan Stanley Australia Limited A.B.N. 67 003 734576, holder of Australian financial services license No. 233742, which accepts responsibility for its contents; in Australia to "who
Page: HOUSE_OVERSIGHT_025586 →Entities connected to both Morgan Stanley Australia Limited and Research Management

Morgan Stanley
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Reuters
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