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Canada by Wean Staley Canada United, which has approved of aid takes responsibility for its contents in Canada; in Germany by Mayan Stanley Bank AG. Frankfurt an Main and Mogan Stanley Private Wealth Management United, Nedalassung DeutscNand. regulated by Buidesanstat fuer Rnanzdenstleistungsaufsicht (BaFi
ponsibility for its contents art should be contacted with respect to any matters arising Iran, a in connection with. Morgan Stanley Research) and by Bank Morgan Stanley AG. Singapore Branch (Registration number 711FC0207e); in Australia to "wholesale clients" within the meaning of the Australian Corporations Act by Mor
a by Morgan Stanley Canada Limited. which has approved of and takes responsibility for its contents in Canada: in Germany by Morgan Stanley Bank AG. Frankfurt am Main and Morgan Stanley Private Wealth Management Limited. Niededassung Deutschland. regulated by Bundesanstall fuer Finanzebenstlerstungsaufsich
eports only. Morgan Stanley Capital Grow Japan Co.. :yr one Kong Morgan Stanley Asia Limited (which accepts responsbifity for its contents) and by Bank Morgan Stanley AG. -Hong Kong Branch: II Singapore by Morgan Stanley Asia (Singapore) Pte. (Registration number 1992062982) anclor Morgan Stanley Asia (Singapore) Sec
a by Morgan Stanley Canada Limited. which has approved of and takes responsitifity for its contents in Canada: in Germany by Morgan Stanley Bank AG. Frankfurt am Main and Morgan Stanley Private Wealth Management Limited. Niederlassung Deutschlard. regulated by Bundesanstalt fuer Finanzekenstlerstungsaufsic
ports only. Morgan Stanley Capital Grow Japan Co.. : riHong Kong Morgan Stanley Asia Limited (which accepts responsbifity for its contents) and by Bank Morgan Stanley AG. -Hong Kong Branch: II Singapore by Morgan Stanley Asia (Singapore) Pte. (Registration number 1992062982) andor Morgan Stanley Asia (Singapore) Secu
Entities connected to both Frankfurt and Bank Morgan Stanley AG

United States
LOCATION
Tokyo
LOCATION
Bloomberg L.P.
ORGANIZATION
Kowloon
LOCATION
Hong Kong
LOCATION
Morgan Stanley
ORGANIZATIONthe Financial Services Board
ORGANIZATIONBank Street
ORGANIZATION
DIFC Branch
ORGANIZATIONMorgan Stanley & Co. LLC
ORGANIZATIONCompany Data
ORGANIZATIONthe Monetary Authority of Singapore
ORGANIZATIONMorgan Stanley Smith Barney LLC Customers
ORGANIZATIONSingapore) Pte
ORGANIZATION
Reuters
ORGANIZATIONGlobal Research Conflict Management Policy
ORGANIZATIONGlobal Stock Ratings Distribution
ORGANIZATIONIndustry Views
ORGANIZATIONthe Dubai Financial Services
ORGANIZATIONPT Morgan Stanley Asia
ORGANIZATION