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at current levels. The fundamental bull case for Health rests on the strong pipeline of new products for
errill Lynch (Seoul): Merrill Lynch International Incorporated (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
Page: HOUSE_OVERSIGHT_014457 →at current levels. The fundamental bull case for Health rests on the strong pipeline of new products for
errill Lynch (Seoul): Merrill Lynch International Incorporated (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
Page: HOUSE_OVERSIGHT_014496 →-12 1% 78 3.0% -13 % 33 -0.4% 6 68% -0./% SXDP (Health) 3.0% -08% 1% 8.7% 0.9% 9 2% 115 2.5% -12 3% 40
Merrill Lynch Canada he Comisién Nacional Bancaria y de Va ne n Lynch Japan Securities Co., Ltd, regulated by the Financi errill Lynch (Taiwan): Merrill Lynch Securities (Taiwan) Ltd., regul hange Board of India; Merri hority; Lynch International (DIFC Branch), regulated by t ch (Brazi ated by Lynch Capi errill of our regu stru
Page: HOUSE_OVERSIGHT_014999 →3% -] 2% 74 3.1% = 2% 3.2 -0.4% 0 54% 0.9% SXDP (Health) 3.1% -0.6% 2% 86% 0.9% -/ 2% 115 24% -14 2% 4]
uch K): Merrill Lynch In d, regulated by the A mmission (HKSFC); ated by the Investm ores; Merrill Lynch al Services Agency; errill Lynch (Taiwan): Merrill Lynch Securities (Taiwan) Ltd., regul hange Board of India; Merri Lynch Israel Limited, regulated by Israel Securities Aut! ndonesia): PT Merril Financial Services A of America M
Page: HOUSE_OVERSIGHT_023609 →Entities connected to both Merrill Lynch Securities (Taiwan) Ltd. and HealthCap

Donald Trump
PERSON
Bank of America
ORGANIZATION
Michael Bloomberg
PERSON
United Kingdom
LOCATION
Frankfurt
LOCATION
Merrill Lynch
ORGANIZATIONMerchant Bank
ORGANIZATION
Merrill Lynch Global Wealth Management
ORGANIZATIONThe Financial Service Board
ORGANIZATIONthe Securities and Futures Bureau
ORGANIZATIONthe Financial Supervisory Service
ORGANIZATION
Seoul
LOCATION
United States
LOCATION
BofA Merrill Lynch
ORGANIZATIONthe Australian Securities and Investments Commission
ORGANIZATION
Bank of America Corporation
ORGANIZATIONMerrill Lynch (Asia Pacific) Limited
ORGANIZATIONMerrill Lynch Argentina SA
ORGANIZATIONBaFin
ORGANIZATIONMerrill Lynch International Incorporated
ORGANIZATION