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lates, if at all, solely to the beyond the delivery of this report (unless otherwise agreed specifically in writing by MLPF&S). MLPF&S is and con 6 Bank of America Corporation. All rights reserved. This research report is prepared for the use of Bo disclosed, in whole or in part, or in any form or manner, without the expres
Page: HOUSE_OVERSIGHT_010615 →ticular, in risks related to the security or financial instrument may be difficult person. Investors should seek this report and should understand Insurance Corporation and are not volve numerous risks, including, ‘0 obtain. Investors should note that hat price or value of such securities and instruments may rise o
Page: HOUSE_OVERSIGHT_010615 →Price Objective Change
ions, including transactions in any securities mentioned in this report. Copyright and General Information regarding Research Reports: Copyright 2016 Bank of America Corporation. All rights reserved. iQmethod, iQmethod 2.0, iQprofile, iQtoolkit, iQworks are service marks of Bank of America Corporation. iQanalytics®, iQcustom®
Page: HOUSE_OVERSIGHT_014395 →his report and should understand fering must be based solely on existing public information on such ion with such offering, and not on this report. Insurance Corporation and are not volve numerous risks, including, es, securities and other financial ‘0 obtain. Investors should note that and, in some cases, investors m
Page: HOUSE_OVERSIGHT_014395 →Investment Strategy
any personal in Certain outstanding repor' recent research report rela 6 Bank of America Con iOcustom®, iQdatabase® are registered service marks of Bank of America Corporation. T| or in part, or in any form or manner, without and client websites and other portals by BofA utes your agreement not to redistribute, retransmi re
Page: HOUSE_OVERSIGHT_014409 →his report and should understand fering must be based solely on existing public information on such ion with such offering, and not on this report. Insurance Corporation and are not volve numerous risks, including, jes and other financial nvestors should note that and, in some cases, investors may is anticipated t
Page: HOUSE_OVERSIGHT_014409 →ss otherwise agreed specifically in ncluding transactions in any securities mentioned in this re d General Information regarding Research Reports: 6 Bank of America Corporation. All rights reserved. This research report is prepared for the use of Bo disclosed, in whole or in part, or in any form or manner, without the expres
Page: HOUSE_OVERSIGHT_014430 →on contained in this report (including any in her financial instrument. No part of person. Investors should seek this report and should understand Insurance Corporation and are not volve numerous risks, including, instrument or derivative is suitable for all investors. In some cases, securities and other financial y
Page: HOUSE_OVERSIGHT_014430 →, solely to the beyond the delivery of this report (unless otherwise agreed specifically in transactions, i writing by MLPF&S). MLPF&S is and con 7 Bank of America Corporation. All rights reserved. This research report is prepared for the use of Bo disclosed, in whole or in part, or in any form or manner, without the expres
Page: HOUSE_OVERSIGHT_014730 →ticular, in risks related to the security or financial instrument may be difficult person. Investors should seek this report and should understand Insurance Corporation and are not volve numerous risks, including, ‘0 obtain. Investors should note that hat price or value of such securities and instruments may rise o
Page: HOUSE_OVERSIGHT_014730 →ions, including transactions In any securities mentioned in this report. Copyright and General Information regarding Research Reports: Copyright 2016 Bank of America Corporation. All rights reserved. This research report is prepared for the use of BofA Merrill L ynch clients and may not be redistributed, retransmitted or di
Page: HOUSE_OVERSIGHT_014786 →nt may be difficult hat price or value of such securities and instruments may rise or fal ure performance. Levels and basis for taxation may change. Insurance Corporation and are not merica, N.A.}. Investments in general and, derivatives, in particular, involve numerous risks, including, among others, market risk, cou
Page: HOUSE_OVERSIGHT_014786 →Qprofile, iQtoolkit, iQworks are service marks of Ban of America Corporation. This research report is prepared for the use of
be based solely on existing public information on such Insurance Corporation and are not volve numerous risks, including, oth
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 obtain. Investors should note that and, in some cases, investors may Bankof America Merrill Lynch
Page: HOUSE_OVERSIGHT_014422 →fo between the recipient and MLPF&S for t PF&S may be deemed to be acting as an investment adviser, such status relates, if at all, solely to the 6 Bank of America Corporation. All rights reserved. This research report is prepared for the use of Bo disclosed, in whole or in part, or in any form or manner, without the expre
Page: HOUSE_OVERSIGHT_014423 →Investment Strategy
rs should seek on existing public information on such Insurance Corporation and are not ases, securities and other financial
ights reserved. iQmethod, iQmethod 2.0, iQprofile, iQtoolkit, iQworks are service marks of Ban iQcustom®, iQdatabase® are registered service marks of Bank of America Corporation. This research report is prepared for the use of BofA Merri he express written consent of BofA Merrill Lynch. BofA Merri errill Lynch and are not pub
Page: HOUSE_OVERSIGHT_014458 →Entities connected to both Bank of America Corporation and Insurance Corporation
Pierce, Fenner & Smith Incorporated
ORGANIZATION
Merrill Lynch
ORGANIZATION
Bank of America
ORGANIZATION
Donald Trump
PERSON
Merrill Lynch Global Wealth Management
ORGANIZATION
United Kingdom
LOCATION
Marc Rich
PERSON
Michael Bloomberg
PERSON
Paul Ryan
PERSON
Frankfurt
LOCATION
Bank of America, N.A.
ORGANIZATIONMerrill Lynch International Bank Limited
ORGANIZATIONMerchant Bank
ORGANIZATIONOtoritas Jasa Keuangan
ORGANIZATIONMerrill Lynch Canada Inc
ORGANIZATION
BofA Merrill Lynch
ORGANIZATIONMerrill Lynch International Incorporated
ORGANIZATION
Seoul
LOCATIONILynch
ORGANIZATION
Merri
ORGANIZATION