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Merrill Lynch, Pierce, Fenner & Smith Incorporated ("MLPF&S’) and its affiliates. Investors should contact their BofA Merrill Lynch representative or Merrill Lynch Global Wealth Management financial advisor if they have questions concerning this report. "BofA Merrill Lynch” and "Merrill Lynch" are each global brands for BofA Merrill Lyn
Page: HOUSE_OVERSIGHT_014422 →mited, errill Lynch I Lyne ated KSA Com h by pany, he K to errill ated I Lynch jonal EA nor A I Lynch siness fect any transaction in any | Lynch (Asia Pacific) Limited in pore recipients of this research her financial instrument. No part of Insurance Corporation and are not volve numerous risks, including, ‘0 obt
Page: HOUSE_OVERSIGHT_014422 →Merrill Lynch, Pierce, Fenner & Smith Incorporated ("MLPF&S’) and its affiliates. Investors should contact their BofA Merrill Lynch representative or Merrill Lynch Global Wealth Management financial advisor if they have questions concerning this report. "BofA Merrill Lynch” and "Merrill Lynch” are each global brands for BofA Merrill Ly
Page: HOUSE_OVERSIGHT_014785 →duced or quoted in any manner whatsoever in Taiwan by t This research report provides general information only. Neither the information nor any op | Lynch (Asia Pacific) Limited in ngapore recipients of this research Merrill Lynch (Singapore) Pte Ltd in respect of any matters arising from, or in connection with, this an off
Page: HOUSE_OVERSIGHT_014785 →Price Objective Change
ts. | Lynch, Pierce, Fenner & Smith Incorporated ("MLPF&S’) and its affiliates. Investors should contact their BofA Merrill Lynch representative or Merrill Lynch Global Wealth Management financial advisor if they have questions concerning this report. "BofA Merrill Lynch” and "Merrill Lynch’ are each global brands for BofA Merrill Ly
Page: HOUSE_OVERSIGHT_014394 →es. Hong Kong recipients of this research report should contact Merri of any matters arising fro e US and accepts fu fect any transaction in any | Lynch (Asia Pacific) Limited in ngapore recipients of this research m, or in connection with, this her financial instrument. No part of he press or any other person without the
Page: HOUSE_OVERSIGHT_014395 →Entities connected to both Merrill Lynch Global Wealth Management and Lynch (Asia Pacific) Limited

Bank of America
ORGANIZATION
Bank of America Corporation
ORGANIZATION
Merrill Lynch
ORGANIZATION
Donald Trump
PERSON
Michael Bloomberg
PERSON
United Kingdom
LOCATIONMerchant Bank
ORGANIZATION
Frankfurt
LOCATIONMerrill Lynch Canada Inc
ORGANIZATIONMerrill Lynch International Bank Limited
ORGANIZATIONILynch
ORGANIZATIONThe Financial Service Board
ORGANIZATIONthe Investment Industry Regulatory Organization of Canada
ORGANIZATION
BofA Merrill Lynch
ORGANIZATIONOtoritas Jasa Keuangan
ORGANIZATIONBaFin
ORGANIZATION
Merri
ORGANIZATIONMerrill Lynch (Asia Pacific) Limited
ORGANIZATIONMerrill Lynch International Incorporated
ORGANIZATIONPierce, Fenner & Smith Incorporated
ORGANIZATION