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buted or published without Deutsche Bank's prior written consent. Copyright @ 2018 Deutsche Bank AG Deutsche Bank AG/London Page 7 EFTA00793998 David Folkerts-Landau Group Chief Economist and Global Head of Research Raj Hindocha Global Chief Operating Officer Research Anthony Klarman Global Head of Debt Res
al Head of Research Raj Hindocha Global Chief Operating Officer Research Anthony Klarman Global Head of Debt Research Michael Spencer Head of APAC Research Global Head of Economics Paul Reynolds Head of EMEA Equity Research Andreas Neubauer Head of Research - Germany International Production Locat
David Folkerts-Landau Group Chief Economist and Global Head of Research Raj Hindocha Global Chief Operating Officer Research Anthony Klarman Global Head of Debt Res
Drops: ho Bank AG Deutsche Bank Place Level 16 Corner of Hunter & Phillip Streets Germa ny Sydney. NSW 2000 Australia Michael Spencer Head of APAC Research Global Head of Economics Paul Reynolds Head of EMEA Equity Research Andreas Neubauer Head of Research - Germany [Om ho Bank AG Infok.t: I Gre
David Folkerts-Landau Group Chief Economist and Global Head of Research Raj Hindocha Global Chief Operating Officer Research Anthony Kleiman Global Head of Debt Res
al Head of Research Raj Hindocha Global Chief Operating Officer Research Anthony Kleiman Global Head of Debt Research Michael Spencer Head of APAC Research Global Head of Economics Paul Reynolds Head of EMEA Equity Research Andreas Neubauer Head of Research - Germany International Production Locat
David Folkerts-Landau Group Chief Economist and Global Head of Research Raj Hindocha Global Chief Operating Officer Research Anthony Kleiman Global Head of Debt Res
2 8258 1234 Dina ho Bank AG L81)(k.r: I Great Winchester Street London EC2N 2E0 United Kingdom Tel: 144) 20 7545 8000 Michael Spencer Head of APAC Research Global Head of Economics Paul Reynolds Head of EMEA Equity Research Andreas Neubauer Head of Research - Germany DOJO m Bank ;Oa Mainzer Lands
David Folkerts-Landau Group Chief Economist and Global Head of Research Raj Hindocha Global Chief Operating Officer Research Anthony Klarman Global Head of Debt Res
al Head of Research Raj Hindocha Global Chief Operating Officer Research Anthony Klarman Global Head of Debt Research Michael Spencer Head of APAC Research Global Head of Economics Paul Reynolds Head of EMEA Equity Research Andreas Neubauer Head of Research - Germany International Production Locat
David Folkerts-Landau Group Chief Economist and Global Head of Research Raj Hindocha Global Chief Operating Officer Research Anthony KLarman Global Head of Debt Res
al Head of Research Raj Hindocha Global Chief Operating Officer Research Anthony KLarman Global Head of Debt Research Michael Spencer Head of APAC Research Global Head of Economics Paul Reynolds Head of EMEA Equity Research Andreas Neubauer Head of Research - Germany International Production Locat
David Folkerts-Landau Group Chief Economist arid Global Head of Research Raj Hindocha Global Chief Operating Officer Research Anthony Kleiman Global Head of Debt Re
ternational locations Deutsche Oath AG Deutsche Bank Place level 16 Comer of Hunter & Phillip Streets Sydney, NSW 2000 Michael Spencer Head of APAC Research Global Head of Economics Paul Reynolds Head of EMEA Equity Research Andreas Neubauer Head of Research - Germany Deutsche Banfr AG GmRe Gaflus
Entities connected to both David Folkerts-Landau and APAC Research
Andreas Neubauer
PERSONSteve Pollard
PERSON
Sydney
LOCATION
Tokyo
LOCATIONMichael Spencer
PERSON
Frankfurt
LOCATION
Deutsche Bank
ORGANIZATIONChiyoda-ku
ORGANIZATION
Kowloon
LOCATIONRaj Hindocha
PERSONAmericas Research
ORGANIZATION
United Kingdom
LOCATIONPaul Reynolds
PERSON
Dave Clark
PERSONDebt Research
ORGANIZATION
Hong Kong
LOCATIONSpyros Mesomeris
ORGANIZATIONAnthony Kleiman
PERSONAnthony Klarman
PERSONMainzer
PERSON