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orations Act 2001. Germany: This material is distributed in Germany by 1.P. Morgan Securities plc. Frankfurt Branch and J.P.Morgan Chase Bank, K.A., Frankfurt Branch which are regulated by the Bundesansudi ftir Finanadienstleistungsaufsicht. Hong Kong: The 1% ownership disclosure as of the previous month end sati
Monitor, Yang-Myung Hong el at High Yiefd Credit Markets Weekly. Peter Acciavatti el at European Credit Outlook & Strategy, Stephen Dulake et al. Emerging Markets Cross Product Strategy Weekly. Eric Beinstein et al. 3 EFTA_R1_00470162 EFTA01981560 Jan h Global Asset Allocation The J.P. Morgan View 11 aty2014
meanings given to them in section 76IG of the Corporations Act 2001. Germany: This material is distributed in Germany by J.P. Morgan Securities plc. Frankfurt Branch and J.P.Morgan Chase Bank. N.A.. Frankfurt Branch which are regulated by the Bundesanstalt far Finanzdienstleistungsaufsichi. Deng Kong: The I% owne
rategy. Eric Beinstein et al. High Yield Credit Markets Weekly, Peter Acciavatti et al. European Credit Outlook d Strategy, Steven Dulake et at. Emerging Markets Cross Product Strategy Weekly, Eric Beinstein et at 3 EFTA_R1_02075115 EFTA02702627 Jen LOOP (1.212)834.5874 illnknYmarnalinn.00tn Global Asset Al
ve the meanings given to them in section 761G of the C ations Act 2001. Germany: This material is distributed in Germany by. Morgan Securities plc. Frankfurt Branch and Chase Bank. Frankfurt Branch which are regulated by the Bundcsanstalt fir Finanzdienstleistungsau rsicht. Hong Kong: The I% ownership disclosu
tlook and Strategy. Eric Beinstein el al. High Yield Credit Markets Weekly, Peter Acciavatu er European Credit Outlook & Strategy, Steven &dab et Emerging Markets Cross Product Strategy Weekly. Eric 8einsrein et al. 3 EFTA00598498 Jan Loeys (1-2121834-5874 Global Asset Allocation The. Morgan View 04 January
Entities connected to both Frankfurt Branch and Emerging Markets Cross

Malaysia
LOCATION
Philippines
LOCATIONthe Capital Market Authority
ORGANIZATION
New Zealand
LOCATIONthe Stock Exchange
ORGANIZATIONthe Karachi Stock Exchange
ORGANIZATIONEngland & Wales
LOCATIONJPMSAL
ORGANIZATIONthe Hong Kong
LOCATIONthe Philippine Stock Exchange
ORGANIZATIONCapital Markets Services License
ORGANIZATIONthe Stock Exchange of Thailand
ORGANIZATIONBombay Stock Exchange Limited
ORGANIZATIONthe Central Bank of Brazil
ORGANIZATIONthe Taiwan Securities and Futures Bureau
ORGANIZATION
the Ministry of Finance
ORGANIZATIONthe Mexican Stock Exchange
ORGANIZATIONthe Securities and Futures Commission
ORGANIZATION
JPMorgan Chase
ORGANIZATIONthe Indonesia Stock Exchange
ORGANIZATION