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Securities Ltd. (JPMSL) is a member of the London Stock Exchange and is authorized and regulated by the Financial Services Authority. Registered in England & Wales No. 2711006. Registered Office 125 London Wall, London EC2Y 5A1. South Africa: E. Morgan Equities Limited is a member of the Johannesburg Securities
mmission. (For research published within the first ten days of the month. the disclosure may be based on the month end data from two months prior.). Morgan Broking (Hong Kong) Limited is the liquidity providedmarket maker for derivative warrants, callable bull bear contracts and stock options listed on the Stoc
Securities Ltd. (JPMSL) is a member of the London Stock Exchange and is authorized and regulated by the Financial Services Authority. Registered in England & Wales No. 2711006. Registered Office 125 London Wall, London EC2Y South Africa: M. Morgan Equities Limited is a member of the Johannesburg Securities Exch
mmission. (For research published within the first ten days of the month, the disclosure may be based on the month end data from two months prior.). Morgan Broking (Hong Kong) Limited is the liquidity providerlmarket maker for derivative warrants, callable bull bear contracts and stock options listed on the Sto
rised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered in England & Wales No. 2711006. Registered Office 25 Bank Street. London. El4 SIP. South Africa: N. Morgan Equities South Africa Proprietary Limited is a member of the
ommission. (For research published within the first ten days of the month, the disclosure may be baud on the month end data from two months prior.). Morgan Broking (Hong Kong) Limited is the liquidity provider/market maker for derivative warrants, callable bull bear contracts and stock options listed on the Sto
Entities connected to both England & Wales and Morgan Broking

JPMorgan Chase
ORGANIZATIONthe Securities and Futures Commission
ORGANIZATIONthe Stock Exchange of Thailand
ORGANIZATIONBombay Stock Exchange Limited
ORGANIZATIONthe Taiwan Securities and Futures Bureau
ORGANIZATION
Malaysia
LOCATION
Philippines
LOCATION
New Zealand
LOCATIONthe Mexican Stock Exchange
ORGANIZATIONthe Central Bank of Brazil
ORGANIZATION
the Ministry of Finance
ORGANIZATIONthe Philippine Stock Exchange
ORGANIZATIONthe Indonesia Stock Exchange
ORGANIZATIONthe Karachi Stock Exchange
ORGANIZATIONthe Hong Kong
LOCATIONthe Stock Exchange
ORGANIZATIONJPMSAL
ORGANIZATIONDubai Branch
ORGANIZATIONKanto Local Finance Bureau
ORGANIZATIONThe Financial Futures Association of Japan
ORGANIZATION