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ility of the Bank’s sales and trading businesses relating to the class of securities or financial instruments for which such analyst is responsible. BofA Merrill Lynch Global Credit Research analysts regularly interact with sales and trading desk personnel in connection with their research, including to ascertain pricing and liquidity in
Page: HOUSE_OVERSIGHT_010614 →orporated (Seoul Branch) regulated by the Financial Supervisory Service; Merrill Lynch (Taiwan): Merrill Lynch Securities (Taiwan) Ltd., regulated by the Securities and Futures Bureau; DSP Merrill Lynch (India): DSP Merrill Lynch Limited, regulated by the Securities and Exchange Board of India; PT Merrill Lynch (Indonesia): PT Merr
Page: HOUSE_OVERSIGHT_010614 →ility of the Bank’s sales and trading businesses relating to the class of securities or financial instruments for which such analyst is responsible. BofA Merrill Lynch Global Credit Research analysts regularly interact with sales and trading desk personnel in connection with their research, including to ascertain pricing and liquidity in
Page: HOUSE_OVERSIGHT_014429 →orporated (Seoul Branch) regulated by the Financial Supervisory Service; Merrill Lynch (Taiwan): Merrill Lynch Securities (Taiwan) Ltd., regulated by the Securities and Futures Bureau; DSP Merrill Lynch (India): DSP Merrill Lynch Limited, regulated by the Securities and Exchange Board of India; PT Merrill Lynch (Indonesia): PT Merr
Page: HOUSE_OVERSIGHT_014429 →ility of the Bank’s sales and trading businesses relating to the class of securities or financial instruments for which such analyst is responsible. BofA Merrill Lynch Global Credit Research analysts regularly interact with sales and trading desk personnel in connection with their research, including to ascertain pricing and liquidity in
Page: HOUSE_OVERSIGHT_014785 →corporated (Seoul Branch) regulated by the Financial Supervisory Service; Merrill Lynch (Taiwan): Merrill Lynch Securities (Taiwan) Ltd, regulated by the Securities and Futures Bureau; DSP Merrill Lynch (India): DSP Merrill Lynch Limited, T Merrill Lynch Indonesia, regulated by Otoritas Jasa Keuangan (OJK); Merrill Lynch srael Limi
Page: HOUSE_OVERSIGHT_014785 →up 6.75% on the back of a strong seasonal rally errill Lynch Global Research. Prices reflective of most recently available dat
national Incorporated (Seoul Branch} regulated by the ecurities and Futures Bureau; DSP Merrill Lynch (India): DSP Merrill Lynch Lim
ility of the Bank's sales and trading businesses relating to the class of secun ties or financial instruments for which such analyst is responsible. BofA Merrill Lynch Global Credit Research analysts regularly interact with sales and trading desk personnel in connection with their research including to ascertain pricing and liquidity in t
corporated (Seoul Branch) regulated by the Financial Supervisory Service, Memll Lynch (Taiwan). Merrill Lynch Securities (Taiwan) Ltd., regulated by the Securities and Futures Bureau; OSP Merrill Lynch (India): DSP Merrill Lynch limited, regulated by the Securities and Exchange Board of India; Merrill Lynch (Indonesia): PT Merril
Investment Strategy
®, | Lynch clients and may not be redistributed, Lynch Global Research reports are distributed horized use or disclosure
orporated (Seoul Branch) regulated by the Financial Supervisory Service; Merrill Lynch (Taiwan): Merrill Lynch Securities (Taiwan) Ltd., regulated by the Securities and Futures Bureau; DSP Merrill Lynch (India): DSP Merrill Lynch Limited, regulated by the Securities and Exchange Board of India; PT Merrill Lynch (Indonesia): PT Merr
Page: HOUSE_OVERSIGHT_014408 →Investment Strategy
ng the Financial Services Scheme, do not a errill Lynch Global Research policies relating to conflicts of interest are de
orporated (Seoul Branch) regulated by the Financial Supervisory Service; Merrill Lynch (Taiwan): Merrill Lynch Securities (Taiwan) Ltd., regulated by the Securities and Futures Bureau; DSP Merrill Lynch (India): DSP Merrill Lynch Limited, regulated by the Securities and Exchange Board of India; PT Merrill Lynch (Indonesia): PT Merr
Page: HOUSE_OVERSIGHT_014457 →.com/cci. ments linked to securities that may ha Lynch Global Researc es and financial instruments discussed in this re
orporated (Seoul Branch) regulated by the Financial Supervisory Service; Merrill Lynch (Taiwan): Merrill Lynch Securities (Taiwan) Ltd., regulated by the Securities and Futures Bureau; DSP Merrill Lynch (India): DSP Merrill Lynch Limited, regulated by the Securities and Exchange Board of India; PT Merrill Lynch (Indonesia): PT Merr
Page: HOUSE_OVERSIGHT_014650 →Earnings Preview
®, | Lynch clients and may not be redistributed, Lynch Global Research reports are distributed horized use or disclosure
orporated (Seoul Branch) regulated by the Financial Supervisory Service; Merrill Lynch (Taiwan): Merrill Lynch Securities (Taiwan) Ltd., regulated by the Securities and Futures Bureau; DSP Merrill Lynch (India): DSP Merrill Lynch Limited, regulated by the Securities and Exchange Board of India; Merrill Lynch (Indonesia): PT Merrill
Page: HOUSE_OVERSIGHT_014949 →®, | Lynch clients and may not be redistributed, Lynch Global Research reports are distributed horized use or disclosure
f Canada; Merrill Lynch (Mexico Lynch Argentina SA, regulated by Comisién Nacional ): Merrill Lynch International Incorporated (Seoul Br: ated by the Securities and Futures Bureau; DSP Merrill Lynch (Ind ch Sekuritas Indonesia, regulated by Otoritas Lynch Securities, Moscow, regulated by the Central Bank DFSA); Merrill Lynch (S
Page: HOUSE_OVERSIGHT_014999 →Entities connected to both BofA Merrill Lynch Global Credit Research and the Securities and Futures Bureau

Merrill Lynch
ORGANIZATION
Bank of America
ORGANIZATIONThe Financial Service Board
ORGANIZATION
United Kingdom
LOCATIONMerchant Bank
ORGANIZATIONMerrill Lynch International Incorporated
ORGANIZATION
Frankfurt
LOCATION
Donald Trump
PERSONMerrill Lynch KSA Company
ORGANIZATION
Michael Bloomberg
PERSON
Merrill Lynch Global Wealth Management
ORGANIZATIONMerrill Lynch Argentina SA
ORGANIZATION
Seoul
LOCATION
Bank of America Corporation
ORGANIZATIONDSP Merrill Lynch Limited
ORGANIZATIONOtoritas Jasa Keuangan
ORGANIZATIONMerrill Lynch International Bank Limited
ORGANIZATIONthe Central Bank of Ireland
ORGANIZATIONthe Financial Supervisory Service
ORGANIZATIONPierce, Fenner & Smith Incorporated
ORGANIZATION