INVESTMENT BANKING SCORECARD

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1 1 INVESTMENT BANKING SCORECARD Investment Banking Volume by Asset Class $1,750 $1,500 LOANS Equity Capital Markets by Issue Type 2017 YTD 2016 YTD $1,250 $0 $100 $200 $300 $400 $500 $600 $700 $1,000 FollowOn IPO Convertible $750 $500 Debt Capital Markets by Issue Type 2017 YTD 2016 YTD $250 $0 $1,000 $2,000 $3,000 $4,000 $5,000 $6,000 $7,000 $0 J16 F M A M J J A S O N D J17 F M A M J J A S O Agency, Supranational, Sovereign Federal Credit Agency MBS High Yield Corporate ABS Emerging Market Corporate Fast Facts Global CrossBorder up 2% compared to YTD 2016 with $958.6 billion in deals an up 57% compared to last year, raising $185.1 billion in capital Italian activity totals $87.9 billion, up 23% compared to YTD 2016 Real Estate activity hits $326.2 billion, up 21% compared to a year ago Global FollowOn activity up 14% compared to 2016 with $402.3 billion in proceeds an IG Corp Debt down 2% compared to 2016 with $76 billion in debt raised

2 2 LEAGUE TABLES Global Announced Mergers and Acquisitions (AD1) Global Equity and Equityrelated (C1) Volume Advisor 507, (5.1) Morgan Stanley 48, Morgan Stanley 472, (4.3) JP Morgan 47, (0.7) JP Morgan 394, (0.1) 45, , , , (4.8) 35, , (2.8) UBS 23, Credit Suisse 203, (7.0) 21, Lazard 193, (1.1) Deutsche Bank 20, (0.9) Rothschild & Co 172, (1.1) Credit Suisse 20, (0.8) Evercore Partners 169, RBC Capital Markets 11, ,459, ,085 Top Ten Total 311, , ,063 Global Debt (B1) Global Syndicated Loans (R1) 374, , , , JP Morgan 357, , JP Morgan 230, (1.2) 314, , , , (0.3) Wells Fargo & Co 148, (0.3) 242, , Morgan Stanley 238, , , HSBC Holdings PLC 227, , (0.1) Deutsche Bank 103, Deutsche Bank 199, (0.4) Mitsubishi UFJ Financial Group 101, (1.0) Wells Fargo & Co 166, Mizuho Financial Group 99, (1.6) BNP Paribas SA 154, RBC Capital Markets 84, Top Ten Total 2,534, Top Ten Total 1,457, (0.2) 5,710, ,965 Source: Thomson Reuters LPC 2,864, ,455

3 3 REGIONAL DEALS MATRIX ALL CROSSBORDER (by Target Nation) STRATEGIC PRIVATE EQUITY % Change % Change % Change Target Region/Nation Deals YoY Deals % Change YoY Deals YoY Deals YoY 2, ,087 2% ,033 2% 1, ,591 4% ,494 37% 1, ,760 11% ,612 38% ,855 20% ,905 44% ,058 13% ,636 44% ,500 24% ,558 47% % % % % % 17% % 16% % 13% % 44% ,804 28% ,612 24% ,507 31% ,297 17% ,113 25% % ,684 12% % , % % % % % % % % % % % % ,427 8% % % % % % % % Asia (ex. ) ,749 6% ,232 76% ,964 3% % Australia ,089 1% % ,001 2% % ,007 6% % ,735 4% % India ,010 32% % % % ,846 5% % ,479 42% % ,385 1% ,184 29% ,841 3% % ALL DEBT CAPITAL MARKETS SECURITIZATIONS INVESTMENT GRADE CORPORATE DEBT HIGH YIELD CORPORATE DEBT % Change % Change % Change Issuer Region/Nation Issues YoY Issues YoY Issues YoY 5, ,965 4% ,414 15% 2, ,964 3% % 2, ,530 0% % 93 1,000 1% % 1, ,697 1% % % % % % 1, % % % % , ,827 3% % 76 1,542 2% % % % % % % % % % % % % % % % % % % % % % % % % 1, 2 214% Asia (ex. ) 1, ,397 17% % ,768 13% % Australia % % % % 1, ,363 27% 4 28% 59 2,763 22% % India % % % ,062 9% % % 6, , ,952 24% % ,286 19% %

4 4 REGIONAL DEALS MATRIX ALL EQUITY CAPITAL MARKETS IPOs FOLLOWONS CONVERTIBLES Issuer Region/Nation Asia (ex. ) Australia India ,063 19% ,148 45% ,674 14% % 1,084 17% % % % % % % % % % 34 39% 7 692% % % 32 17% % % % % % % 299 4% % % % % % % % % % % % 19 43% % % 85 18% % % % % % % 1,925 13% % ,071 24% % % 47 60% % % % % % % % % % % % % % % % % LOAN ALL SYNDICATED LOANS LEVERAGED LOANS Borrower Region/Nation 3, ,165 6% 1, ,432 29% 2, ,492 21% 1, ,997 51% 1, ,058 23% 1, ,945 54% 14 2% % % % % % % % % % % % % % % % % % % % Asia (ex. ) ,073 16% % Australia % % % % India % 4, % ,630 19% % % % Source: Thomson Reuters LPC About Thomson Reuters Thomson Reuters is the world's leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial and risk, legal, tax and accounting, intellectual property and science and media markets, powered by the world's most trusted news organization. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges (symbol: TRI). For more information, go to About Thomson Reuters Deals Intelligence Thomson Reuters Deals Intelligence, a part of Thomson Reuters Advisory & Investment Management division, brings up to the minute market intelligence to the deal making community and the financial media through a variety of research reports including Daily Deals Insight, weekly Investment Banking Scorecard, monthly Deals Snapshots and our industryleading quarterly reviews highlighting trends in and Capital Markets. Contact Information: AMERICAS Matt Toole I I matthew.toole@thomsonreuters.com Peter Miao I I peter.miao@thomsonreuters.com EMEA Lucille Jones l l lucille.jones@thomsonreuters.com Gonzalo Ponce Pestana l l gonzalo.poncepestana@thomsonreuters.com ASIA Elaine Tan l l elaine.tan@thomsonreuters.com

5 5 INDUSTRY ANALYSIS AND TOP DEALS Syndicated Loans Industry Deals % Change YoY Deals % Change YoY Deals % Change YoY Deals % Change YoY Consumer Prod/Svcs ,010 63% % % % Energy and Power ,319 5% % % % Financials ,876 5% % 2, ,040 1% ,050 8% Healthcare High Technology ,597 5,335 1% 28% % 31% % 3% % 2% Industrials ,916 18% % ,491 11% ,130 10% Materials ,997 45% % % % Media and Entertainment ,486 9% % % % Real Estate ,944 21% % % % Retail ,808 20% % % % Consumer Staples ,213 54% % % % Telecommunications % % % % Government and Agencies 1, ,796 14% Top Deals Last Seven Days Ann. Date 10/3/17 Target Name BSREP Bermuda Hldg Ltd Refresco Group NV Medallion Gathering Target Nation Bermuda Netherlands Deal Value ($mil) 2, , ,825.0 Acquiror Name Global Logistic Properties Ltd PAI Partners SAS Global Infrastructure Partners Acquiror Nation Singapore LOAN Issue Date Issuer Name ($mil) 10/3/17 ENEL Finance International NV 1,780.6 HSBC 1, /4/17 Braskem Netherlands B.V. 1,732.7 Issue Date Issuer Name ($mil) 10/5/17 OSRAM Licht AG 1, /3/17 Elis Services SA /4/17 Tronox Ltd Close Date Issuer Name ($mil) 10/3/17 Shui On Centre Co Ltd Hong Kong /3/17 TR Group Ltd New Zealand /1/17 Ashta Chemicals Inc 85.0 Issue Type Issue Type FollowOn Convertible FollowOn