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tion. Kingdom of Saudi Arabia: Deutsche Securities Saudi Arabia LLC Company (registered no. 07073-37) is regulated by the Capital Market Authority. Deutsche Securities Saudi Arabia may undertake only the financial services activities that fall within the scope of its existing CMA license. Its principal place of business in Saud
set by Deutsche Bank's equity analysts are based on a 12-month forecast period.. Korea: Distributed by Deutsche Securities Korea Co. South Africa: Deutsche Bank AG Johannesburg is incorporated in the Federal Republic of Germany (Branch Register Number in South Africa: 1998/003298/10). Singapore: This report is issued by De
ion. Kingdom of Saudi Arabia: Deutsche Securities Saudi Arabia LLC Company, (registered no. 07073-37) is regulated by the Capital Market Authority. Deutsche Securities Saudi Arabia may only undertake the financial services activities that fall within the scope of its existing CMA license. Principal place of business in Saudi Ar
not disclosed according to the Financial Instruments and Exchange Law of Japan. Korea: Distributed by Deutsche Securities Korea Co. South Africa: Deutsche Bank AG Johannesburg is incorporated in the Federal Republic of Germany (Branch Register Number in South Africa: 1998/003298/10). Singapore: by Deutsche Bank AG, Si
ion. Kingdom of Saudi Arabia: Deutsche Securities Saudi Arabia LLC Company, (registered no. 07073-37) is regulated by the Capital Market Authority. Deutsche Securities Saudi Arabia may only undertake the financial services activities that fall within the scope of its existing CMA license. Principal place of business in Saudi Ar
not disclosed according to the Financial Instruments and Exchange Law of Japan. Korea: Distributed by Deutsche Securities Korea Co. South Africa: Deutsche Bank AG Johannesburg is incorporated in the Federal Republic of Germany (Branch Register Number in South Africa: 1998/003298/10). Singapore: by Deutsche Bank AG, Si
ion. Kingdom of Saudi Arabia: Deutsche Securities Saudi Arabia LLC Company, (registered no. 07073-37) is regulated by the Capital Market Authority. Deutsche Securities Saudi Arabia may only undertake the financial services activities that fall within the scope of its existing CMA license. Principal place of business in Saudi Ar
not disclosed according to the Financial Instruments and Exchange Law of Japan. Korea: Distributed by Deutsche Securities Korea Co. South Africa: Deutsche Bank AG Johannesburg is incorporated in the Federal Republic of Germany (Branch Register Number in South Africa: 1998/003298/I0). Singapore: by Deutsche Bank AG, Si
on. Kingdom of Saudi Arabia: Deutsche Securities Saudi Arabia LLC Company, (registered no. 07073-37) is regulated by the Capital Market Authority. Deutsche Securities Saudi Arabia may only undertake the financial services activities that fall within the scope of its existing CMA license. Principal place of business in Saudi
d by Deutsche Bank AG, Hong Kong Branch. Korea: Distributed in by Deutsche South jurisdiction. Securities Korea Africa: Co. South Africa: Deutsche Bank AG Johannesburg is incorporated in the Federal Republic of Germany (Branch Register Number 1998/003298/10). Singapore: by Deutsche Bank AG, Singapore Branch or D
on. Kingdom of Saudi Arabia: Deutsche Securities Saudi Arabia LLC Company, (registered no. 07073-37) is regulated by the Capital Market Authority. Deutsche Securities Saudi Arabia may only undertake the financial services activities that fall within the scope of its existing CMA license. Principal place of business in Saudi
ong: Distributed by Deutsche Bank AG, Hong Kong Branch. Korea: Distributed in by Deutsche South Securities Korea Africa: Co. South Africa: Deutsche Bank AG Johannesburg is incorporated in the Federal Republic of Germany (Branch Register Number 1998/003298/10). Singapore: by Deutsche Bank AG, Singapore Branch or D
on. Kingdom of Saudi Arabia: Deutsche Securities Saudi Arabia LLC Company, (registered no. 07073-37) is regulated by the Capital Market Authority. Deutsche Securities Saudi Arabia may only undertake the financial services activities that fall within the scope of its existing CMA license. Principal place of business in Saudi
ong: Distributed by Deutsche Bank AG, Hong Kong Branch. Korea: Distributed in by Deutsche South Securities Korea Africa: Co. South Africa: Deutsche Bank AG Johannesburg is incorporated in the Federal Republic of Germany (Branch Register Number 1998/003298/10). Singapore: by Deutsche Bank AG, Singapore Branch or D
on. Kingdom of Saudi Arabia: Deutsche Securities Saudi Arabia LLC Company, (registered no. 07073-37) is regulated by the Capital Market Authority. Deutsche Securities Saudi Arabia may only undertake the financial services activities that fall within the scope of its existing CMA license. Principal place of business in Saudi A
ilable on request. Hong Kong: Distributed by Deutsche Bank AG, Hong Kong Branch. Korea: Distributed by Deutsche Securities Korea Co. South Africa: Deutsche Bank AG Johannesburg is incorporated in the Federal Republic of Germany (Branch Register Number in South Africa: 1998/003298/10). Singapore: by Deutsche Bank AG, Singap
on. Kingdom of Saudi Arabia: Deutsche Securities Saudi Arabia LLC Company, (registered no. 07073-37) is regulated by the Capital Market Authority. Deutsche Securities Saudi Arabia may only undertake the financial services activities that fall within the scope of its existing CMA license. Principal place of business in Saudi
g: Korea: Distributed Distributed in by Deutsche Bank AG, Hong Kong Branch. by Deutsche South Securities Africa: Korea Co. South Africa: Deutsche Bank AG Johannesburg is incorporated in the Federal Republic of Germany (Branch Register Number 1998/003298/10). Singapore: by Deutsche Bank AG, Singapore Branch or D
on. Kingdom of Saudi Arabia: Deutsche Securities Saudi Arabia LLC Company, (registered no. 07073-37) is regulated by the Capital Market Authority. Deutsche Securities Saudi Arabia may only undertake the financial services activities that fall within the scope of its existing CMA license. Principal place of business in Saudi
ong: Distributed by Deutsche Bank AG, Hong Kong Branch. Korea: Distributed in by Deutsche South Securities Korea Africa: Co. South Africa: Deutsche Bank AG Johannesburg is incorporated in the Federal Republic of Germany (Branch Register Number 1998/003298/10). Singapore: by Deutsche Bank AG, Singapore Branch or D
Entities connected to both Deutsche Securities Saudi Arabia and Deutsche Bank AG Johannesburg

Deutsche Bank
ORGANIZATIONDeutsche Securities Saudi Arabia LLC Company
ORGANIZATIONthe Qatar Financial Centre
ORGANIZATION
Riyadh
LOCATIONDeutsche Bank AG - DIFC Branch
ORGANIZATION
Tower
ORGANIZATIONNippon
ORGANIZATIONthe Dubai Financial Services Authority
ORGANIZATION
Frankfurt
LOCATION
Moody's
ORGANIZATIONthe Federal Republic of Germany
LOCATIONthe Kanto Local Finance Bureau
ORGANIZATIONStandard & Poor's
ORGANIZATIONDeutsche Securities Inc.(DSI
ORGANIZATIONBaFin
ORGANIZATION
New Zealand
LOCATIONDeutsche Bank Securities Inc.
ORGANIZATIONthe Dubai International Financial Centre
ORGANIZATION
Russia
LOCATION
Malaysia
LOCATION