vidends), EURm 900 800 700 600 500 400 300 200 100 0 552 683 2015 2016 Source: Deutsche Bank eels. Company data 855 727 2017 '018 Deutsche Bank Research* Euopean Equity Focus —.Jemmy 2018 CONFIDENTIAL - PURSUANT TO FED. R. GRIM. P. 6(e) CONFIDENTIAL DB-SDNY-0086820 SDNY_GM_00233004 EFTA01385534