the Dubai Financial Services Authority
ORGANIZATIONthe Qatar Financial Centre Regulatory Authority
ORGANIZATION3
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vestors only. The information in Morgan Stanley Research is being communicated by Morgan Stanley & Co. International plc (DIFC Branch), regulated by the Dubai Financial Services Authority (the DFSA), and is directed at Professional Clients only, as defined by the DFSA. The financial products or financial services to which this researc
Page: HOUSE_OVERSIGHT_025586 →sional Client. The information in Morgan Stanley Research is being communicated by Morgan Stanley & Co. International plc (QFC Branch), regulated by the Qatar Financial Centre Regulatory Authority (the QFCRA), and is directed at business customers and market counterparties only and is not intended for Retail Customers as defined by the QFCRA.
Page: HOUSE_OVERSIGHT_025586 →1372 Riyadh, Saudi Arabia. United Arab Emirates: Deutsche Bank AG in the Dubai International Financial Centre (registered no. 00045) is regulated by the Dubai Financial Services Authority. Deutsche Bank AG - DIFC Branch may undertake only the financial services activities that fall within the scope of its existing DFSA license. Its pr
ansactions for clients in these securities/instruments. Qatar: Deutsche Bank AG in the Qatar Financial Centre (registered no. 00032) is regulated by the Qatar Financial Centre Regulatory Authority. Deutsche Bank AG - QFC Branch may undertake only the financial services activities that fall within the scope of its existing OFCRA license. Its pr
pproved by the Qatar Financial Markets Authority, the Qatar Financial Centre Regulatory Autho| or Qatar Central Bank and may not be ublicly dis
lica mientras no sean inscritos en el Registro de Valores correspondiente. Dubai: Goldman Sachs International ("GSI"} is authorised and regulated by the Dubai Financial Services Authority ("DFSA’} in the DIFC and the Financial Services Authority ("FSA") authorised by the Prudential Regulation Authority and regulated by the Financial Co
Page: HOUSE_OVERSIGHT_014618 →Entities connected to both the Dubai Financial Services Authority and the Qatar Financial Centre Regulatory Authority

Riyadh
LOCATION
Deutsche Bank
ORGANIZATIONDeutsche Securities Saudi Arabia LLC Company
ORGANIZATIONDeutsche Securities Saudi Arabia
ORGANIZATIONthe Qatar Financial Centre
ORGANIZATION
Malaysia
LOCATION
Russia
LOCATION
Frankfurt
LOCATION
United Kingdom
LOCATION
Seoul
LOCATIONthe Capital Market Authority
ORGANIZATIONThe Monetary Authority of Singapore
ORGANIZATION
Donald Trump
PERSONthe Prudential Regulation Authority
ORGANIZATION
U.S. Treasury
ORGANIZATION
Federal Reserve
ORGANIZATIONTreasuries
ORGANIZATION
Goldman Sachs
ORGANIZATION
Morgan Stanley
ORGANIZATION