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EM 20 1.8 2.7 32 0.6 02 2.4 2.3 2.9 51 5.6 4 5.1 4.2 Czech Reputio -0.9 2.8 2.8 6A 32 jj) 2.0 2.3 42 1.1 0.2 4 1.6 4 1.5 Hungary 1.1 30 25 2.7 45 21 2.0 2.5 30 03 -OA 4 0.6 4 2.9 t Israel 3.4 3.3 3.8 32 2.7 3.2 3.6 45 32 1.9 1.0 1.3 1.9 Pdand IS 32
ial Services Board. Hong Kong: J.P. Morgan Securities (Asia Pacific) Limited (CE number AAJ321) is regulated by the Hong Kong Monetary Authority and the Securities and Futures Commission in Hong Kong and'or J.P. Morgan Broking (Hong Kong) Limited (CE number AAB027) is regulated by the Securities and Futures Commission in Hong Kong. K
United Krgdom 01 00 1.8 -12 -1.5 Emerging Europe 41 2.6 2.61 2,4 1.3 Bulgaria 1.7 1.0 1.5 Czech Republic 1.7 -1.1 0.9 -3.1 -0.8 Hungary 1.6 -12 0.5 -3.5 09 Poland 4.3 2.3 1.81 2.4 11 Romania 2.5 00 0.8 0.5 1$ Russa 4.3 3.6 3.0 3.7 IS Turkey 8.5 2.8 3/ Globa
gulated by the FSB. Hong Kong: J.P. Morgan Securities (Asia Pacific) Limited (CE number AAJ321) is regulated by the Hong Kong Monetary Authority and the Securities and Futures Commission in Hong Kong. Korea: J.P. Morgan Securities (Far East) Ltd, Seoul Branch. is regulated by the Korea Financial Supervisory Service. Australia: J.P. M
2.6 3.6 3.0 5.0 5.8 5.8 5.1 Bulgaria 1.7 0.7 1.5 Czech Republic 1.9 -1.1 0.0 -1.6 -1.3 -1.6 0.0 0.8 2.4 1.4 3.4 2.7 2.2 2.4 Hungary 1.6 -1.4 0.0 .1A -0.7 •1.0 0.0 0.5 1.8 2.0 5.5 5.5 3.7 3.9 Poland 4.3 2.1 1.6 0.8 1.6 0.5 1.3 2.3 3.0 2.3 4.0 2.9 1.9 2.
ancial Services Board. Hong Kong:. Morgan Securities (Asia Pacific) Limited (CE number AAJ32 ) is regulated by the Hong Kong Monetary Authority and the Securities and Futures Commission in Hong Kong. Korea: • Morgan Securities (Far East) Ltd, Seoul Branch. is regulated by the Korea Financial Supervisory Service. Australia: s Morgan
4 13 0.4. 1.8) 27. 24. 3.7 / 64 5.0 60. 63 T Bulgaria wi 0 1.5 a a a we a a a a a a a Czech Republic d -11 0.9 -3.1 -08 -12 -13 21 1.0 43 24 34 29 24 Hungary 6 12 0.5 3.5 -0.9 -1.0 -10 1.0 15 8 44 55 58 47 Poland 43 23 1.61 24 16 0.5 0.5 4 1.34 23. 3.0. 46 40 3.1 25 Romania 25 0.0 0.8 0.5 1.9 -24 12 1.2 -0
Page: HOUSE_OVERSIGHT_026577 →egulated by the FSB. Hong Kong: J.P. Morgan Securities (Asia Pacific) Limited (CE number AAJ321) is regulated by the Hong Kong Monetary Authority and the Securities and Futures Commission in Hong Kong. Korea: J.P. Morgan Securities (Far East) Ltd, Seoul Branch, is regulated by the Korea Financial Supervisory Service. Australia: J.P. Mo
Page: HOUSE_OVERSIGHT_026578 →an Thailand Africa/Middle East Israel South Africa Europe Euro area Germany France Italy Spain United Kingdom Emerging Europe Bulgaria Czech Republic Hungary Poland Romania Russia Turkey Global Developed markets Emerging markets Source: J.P. Morgan 6 1.8 2.6 8.9 2.7 5.9 6.6 8.0 3.9 6.9 5.7 4.2 4.7 -0.5 2.4
Page: HOUSE_OVERSIGHT_030853 →ial Services Board. Hong Kong: J.P. Morgan Securities (Asia Pacific) Limited (CE number AA.J321) is regulated by the Hong Kong Monetary Authority and the Securities and Futures Commission in Hong Kong. Korea: J.P. Morgan Securities (Far East) Ltd, Seoul Branch, is regulated by the Korea Financial Supervisory Service. Australia: J.P. Mo
Page: HOUSE_OVERSIGHT_030854 →Entities connected to both Hungary and the Securities and Futures Commission

Romania
LOCATION
United Kingdom
LOCATION
Bulgaria
LOCATION
Czech Republic
LOCATION
Malaysia
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United States
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Philippines
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New Zealand
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Donald Trump
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George W. Bush
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Columbia University
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Barack Obama
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Bloomberg L.P.
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Chile
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European Union
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Venezuela
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Marc Rich
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Bill Clinton
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Prince Charles
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Joe Biden
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