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at current levels. The fundamental bull case for Health rests on the strong pipeline of new products for
rities, Moscow, regulated by the Central Bank of the Russian Federation; Merrill Lynch DIFC}: Merrill Lynch International (DIFC Branch), regulated by the Dubai Financial Services Authority (DFSA); Merrill Lynch (Spain): Merrill Lynch Capital Markets Espana, S.AS.V., regulated by Comision Nacional del Mercado De Valores; Merrill Lynch (B
Page: HOUSE_OVERSIGHT_014457 →at current levels. The fundamental bull case for Health rests on the strong pipeline of new products for
rities, Moscow, regulated by the Central Bank of the Russian Federation; Merrill Lynch DIFC}: Merrill Lynch International (DIFC Branch}, regulated by the Dubai Financial Services Authority (DFSA); Merrill Lynch (Spain): Merrill Lynch Capital Markets Espana, S.AS.V., regulated by Comisién Nacional del Mercado De Valores; Merrill Lynch (B
Page: HOUSE_OVERSIGHT_014496 →ncrease penetration of higher margin offerings 48 Health: Not Tremendously Prescriptive 51 Vision 2030 a s
Menkul Degerler AS., regulated by the Capital Markets Board of Turkey; Merrill Lynch (DIFC): Merrill Lynch International (DIFC Branch), regulated by the Dubai Financial Services Authority (DFSA); Merrill Lynch (Spain): Merrill Lynch Capital Markets Espana, S.A.S.V., regulated by Comisién Nacional del Mercado De Valores; Merrill Lynch (
Page: HOUSE_OVERSIGHT_016194 →Quantitative Analysis
ervices 1,720 Tax credit for orphan drug research Health 100 Exclusion & deferral of policyholder income e
rities, Moscow, regulated by the Central Bank of the Russian Federation; Merrill Lynch DIFC}: Merrill Lynch International (DIFC Branch}, regulated by the Dubai Financial Services Authority (DFSA); Merrill Lynch (Spain): Merrill Lynch Capital Markets Espana, S.AS.V., regulated by Comisién Nacional del Mercado De Valores; Merrill Lynch (B
Page: HOUSE_OVERSIGHT_023094 →Entities connected to both the Dubai Financial Services Authority and HealthCap

Riyadh
LOCATION
Malaysia
LOCATION
Frankfurt
LOCATION
United Kingdom
LOCATION
Donald Trump
PERSON
Michael Bloomberg
PERSON
Seoul
LOCATIONBaFin
ORGANIZATIONthe Prudential Regulation Authority
ORGANIZATIONThe Monetary Authority of Singapore
ORGANIZATIONthe Capital Market Authority
ORGANIZATION
Bank of America
ORGANIZATIONThe Financial Service Board
ORGANIZATIONMerchant Bank
ORGANIZATION
Merrill Lynch
ORGANIZATION
Merrill Lynch Global Wealth Management
ORGANIZATIONthe Securities and Futures Bureau
ORGANIZATION
the Financial Services Agency
ORGANIZATIONMerrill Lynch KSA Company
ORGANIZATIONBank of America Merrill Lynch International Limited
ORGANIZATION