ll Ly BofA Merri nch clients and may not be re | Lynch research reports are d bited. Receip ents, opinio

rri ly. Except as otherwise stated in securi | Lynch policies prohibit research analysts from acceptin

u rading position (long or short} in the securiti Lynch, through business units other than Bo ith, and re

l clients (as defin imited regulation by the FA a Lynch (Japan), a registered secu by HKSFC (research rep

rt. Investors in such securities and instruments Lynch entities affiliates may, at any tention of any

en considered and distributed in Japan by Merrill Lynch (Japan), a registered securities dealer under the

u rading position (long or short} in the securiti Lynch, through business units other than Bo ith, and re

the Monetary Authority of Israel}: Merrill Lynch Lynch lidrios; Merrill Lynch KSA Company, each is def

Lynch | Lynch (Asia hority of h Mexico, SA de Lynch he DSP Merrill Lynch Limited, Il Lynch (Israel)

Issuer prior to making an investment decision. | Lynch is under no obligation to ensure that such menti

ynch | the FCA and the PRA) by RA - details about Lynch (Japan), a registered securities dea investors a

ubai Financial Services Authority (DFSA); Merrill Lynch (Spain): Merrill Lynch Capital Markets Espana, S.

s is a regular issuer of traded financial instru Lynch, through business units other than Bo th, and rea

ea issued and distributed in Tai investors and/or accredited investors Company hee er under the wan by Merri ch as defi A Australia) and poration ILynch by MLP iliates d hority; Lynch International (DIFC Branch), regulated by t ores; Merrill Lynch (Brazi bia Company, regu n and is d PRA) by MLI (UK)

unched a Martin Act investigation against Merrill Lynch for suspected fraud.[6] When the investigation wa