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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 →ri ed K ional Limited, which are authorized tional Bank Limited, London Branch, wl PRA are available from us hange Act in I Lyne ment (Argentina): > Merri ated b errill Lynch Lynch Securi Lynch Banco y. ingdom (UK) he FCA and Lynch (Seou erril y the Securities and ies, FSA); ultip 0 pro h (Sing
Page: HOUSE_OVERSIGHT_014422 →Investment Strategy
rs should seek on existing public information on such Insurance Corporation and are not ases, securities and other financial
; has been considered and distributed in Japan by Merrill Lynch (Japan), a registered securities dealer unde
be based solely on existing public information on such Insurance Corporation and are not volve numerous risks, including, oth
; has been considered and distributed in Japan by Merrill Lynch (Japan), a registered securities dealer unde
Price Objective Change
his report as recorded in the report timestamp. Officers of MLPF&S or one or more o BofA Merrill Lynch Global Research "BofA Merrill Lynch" includes Merri its affiliates (other than research analysts) may policies relating to conflicts of interest are described at http://go.bofa.com/coi. have a financ
Page: HOUSE_OVERSIGHT_014394 →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 →; has been considered and distributed in Japan by Merrill Lynch (Japan), a registered securities dealer unde
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 →ica Merrill Lynch Internati he future distribute, researc e Hong Kong Securities and errill Lynch (Taiwan): Merrill Exchange Board of India; PT y; Merri (DIFC Branch), regulated b Va proved for publication and es of the FCA and PRA - detai ies dealer u forma jon ed in Singa LIBLMB} an bu pore to
Page: HOUSE_OVERSIGHT_014729 →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 →es in the US (short name: legal name, regulator}: Merril International, regulated by the Financial Conduc
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 →Entities connected to both Insurance Corporation and Merri

Merrill Lynch
ORGANIZATION
Donald Trump
PERSON
Merrill Lynch Global Wealth Management
ORGANIZATION
Bank of America Corporation
ORGANIZATION
Bank of America
ORGANIZATIONMerrill Lynch Canada Inc
ORGANIZATIONOtoritas Jasa Keuangan
ORGANIZATIONMerrill Lynch International Bank Limited
ORGANIZATIONMerchant Bank
ORGANIZATION
United Kingdom
LOCATION
Frankfurt
LOCATIONILynch
ORGANIZATION
Michael Bloomberg
PERSON
BofA Merrill Lynch
ORGANIZATIONMerrill Lynch International Incorporated
ORGANIZATIONMerrill Lynch (Asia Pacific) Limited
ORGANIZATION
Bank of America, N.A.
ORGANIZATIONThe Financial Service Board
ORGANIZATIONthe Prudential Regulation Authority
ORGANIZATIONthe Investment Industry Regulatory Organization of Canada
ORGANIZATION