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Investment Strategy
or detailed information regarding the risks involved with investing in listed options: http://Awww.theocc.com/about/publications/character-risks.jsp Analyst Certification We, James Barty, Abhinandan Deb, Barnaby Martin, Benjamin Bowler, Claudio Piron, David Hauner, CFA, Hans Mikkelsen, lan Gordon, loannis Angelakis, Kam
Page: HOUSE_OVERSIGHT_014456 →A de CV, Casa de Bolsa, regulated by the Comision Nacional Bancaria y de Valores; Merrill Lynch (Argentina): Merrill Lynch Argentina SA, regulated by Comisién Nacional de Valores; Merrill Lynch japan): Merrill Lynch Japan Securities Co, Ltd., regulated by the Financial Services Agency; Merrill Lynch (Seoul): Merrill Lynch Inte
Page: HOUSE_OVERSIGHT_014457 →ronger outflows than expected and heightened political noise. Upside risks include a generalized rally on the back of more positive global backdrop. Analyst Certification We, David Woo, Adarsh Sinha, Arko Sen, Claudio Irigoyen, Jane Brauer, Kamal Sharma, Mark Capleton, Paul Ciana, CMT and Ralf Preusser, CFA, hereby ce
Page: HOUSE_OVERSIGHT_014784 →A de CV, Casa de Bolsa, regulated by the Comisidn Nacional Bancaria y de Valores; Merrill Lynch (Argentina): Merrill Lynch Argentina SA, regulated by Comisién Nacional de Valores; Merrill Lynch japan): Merrill Lynch Japan Securities Co., Ltd., regulated by the Financial Services Agency; Merrill Lynch (Seoul): Merrill Lynch Int
Page: HOUSE_OVERSIGHT_014785 →n expected mobile impact coming from new Drillisch tariffs or failure to turnaround good US operational trends into more profitable revenue streams. Analyst Certification We, Benjamin Bowler, Clovis Couasnon and Frederic Boulan, CFA, hereby certify that the views each of us has expressed in this research report accura
Page: HOUSE_OVERSIGHT_023603 →tary Authority of try Regulatory Organization of Canada; Merrill Lynch (Mexico): Merrill Lynch Mexico, SA de Merrill Lynch Argentina SA, regulated by Comisién Nacional de Valores; Merrill Lynch )}: Merrill Lynch International Incorporated (Seoul Branch} regulated by the ecurities and Futures Bureau; DSP Merrill Lynch (India):
Page: HOUSE_OVERSIGHT_023609 →Entities connected to both Comisién Nacional de Valores and Analyst Certification

Merrill Lynch Global Wealth Management
ORGANIZATION
Frankfurt
LOCATION
Bank of America
ORGANIZATION
Donald Trump
PERSON
Merrill Lynch
ORGANIZATIONMerrill Lynch KSA Company
ORGANIZATIONOtoritas Jasa Keuangan
ORGANIZATIONMerchant Bank
ORGANIZATIONThe Financial Service Board
ORGANIZATIONDSP Merrill Lynch Limited
ORGANIZATION
United Kingdom
LOCATIONthe Prudential Regulation Authority
ORGANIZATION
Bank of America, N.A.
ORGANIZATION
Michael Bloomberg
PERSONthe Financial Supervisory Service
ORGANIZATIONMerrill Lynch Canada Inc
ORGANIZATIONMerrill Lynch Argentina SA
ORGANIZATIONMerrill Lynch International Incorporated
ORGANIZATIONthe Securities and Futures Bureau
ORGANIZATIONthe Central Bank of the Russian Federation
ORGANIZATION