NOR NO • JEFF upgrade MARS LN, KepChev double upgrade SDF GY, MAQ downgrade DNB NO • JPM downgrade SCR FP, DEB LN, EVD GY, O1BC GY, AAL LN, upgrade MONY LN, PER LN, NHY NO • Mainfirst downgrade SFER IM, Nordea downgrade SWECB SS, Numis upgrade PSN LN • UBS downgrade KINVB SS, RMV LN, FNTN GY, upgrade A

N, initiate BPOST BB (n), Equinet downgrade DBK GY ••• KepChev downgrade IVG GY, RHM GY, upgrade IT IM, Numis u/g MEC LN, ITV LN ••• Cana downgrade MONY LN, DGE LN, upgrade MEC LN, reinstate ABI BB (b) EFTA00386264 Reporting Pre-Open: ADT, AGN, AMT, CMCSA, DLPH, EXC, GAS, GRMN, HCBK, KES, HSP, HUM, IV

BNK TI, initiate GIB GY (b), Natixis downgrade EDP PL, upgrade MPI LN, JEFF initiate SMDR LN • CBK upgrade MOR GY, downgrade BEI GY, Numis downgrade MONY LN, CIU LN, SGE LN, MACQ upgrade LXS GY BERE downgrade IVG GY, HELV upgrade GAM SW, downgrade OERL SW, Nordea downgrade GOL NO Reporting Pre-Open: BF.

ade FUM1V FH, Fl IM, downgrade SEV FP, VOLVB SS, resume MAN GY (ew), Oriel u/g RCP LN, d/g REX LN • SocGen upgrade GLEN LN, POM FP, Investec upgrade MONY LN, SEB upgrade IFSB SS, ORNBV FH • Exane downgrade ES IM, ELE FP, Chev restart SKFB SS (up), SAND SS (up), ALFA SS (up), ATCOA SS (op) • Bern upgrade