MERGERS & ACQUISITIONS REVIEW LEGAL ADVISORS. REUTERS / Yuri Gripas

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1 MERGERS & ACQUISITIONS REVIEW LEGAL ADVISORS REUTERS / Yuri Gripas First Quarter 0

2 First Quarter 0 Mergers & Acquisitions s M&A y Review Table of Contents Global M&A EMEA M&A Asia Pacific (exjapan) M&A Global Deals Intelligence European Deals Intelligence Asia Pacific (exjapan) Deals Intelligence Scorecard: Worldwide Announced M&A Top Ten European Involvement Announced Deals Top Ten Any Asia (exjapan) Involvement Announced Deals Scorecard: Worldwide Completed M&A Any European Involvement Announced (AE) Any Asian (exjapan) Involvement Announced (AE) Top Fifteen Worldwide Announced Deals Any European Involvement Completed (AG0) Any Asian (exjapan) Involvement Completed (AG) Worldwide Announced (AE) Any UK Involvement Announced (AE0) Any Asia Pacific (exjapan) Involvement Announced (AE0) Worldwide Completed (AG) Any UK Involvement Completed (AG) Any Asia Pacific (exjapan) Involvement Completed (AG) Any French Involvement Announced (AE) 0 Any Australia or NZ Involvement Announced (AE) Americas M&A Any French Involvement Completed (AG) 0 Any Australia or New Zealand Involvement Completed (AG) Americas Deals Intelligence Any Spanish Involvement Announced (AE) 0 Top Ten US Announced Deals Any Spanish Involvement Completed (AG) 0 Japan M&A Any US Involvement Announced (AE) Any German Involvement Announced (AE) Japan Deals Intelligence Any US Involvement Completed (AG) Any German Involvement Completed (AG) Top Ten Japanese Involvement Announced Deals US Target Announced (AE) Any Italian Involvement Announced (AE) Any Japanese Involvement Announced (AE) US Target Completed (AG) Any Italian Involvement Completed (AG) Any Japanese Involvement Completed (AG) Any Canadian Involvement Announced (AE) Any Nordic Involvement Announced (AE) Any Canadian Involvement Completed (AG) Any Nordic Involvement Completed (AG) Criteria Summary Any US Public Involvement Completed Any Benelux Involvement Announced (AE) Mergers & Acquisitions Criteria Summary Any Benelux Involvement Completed (AG) Regional Contacts Thomson Reuters Soultions for the Deal Making Community

3 First Quarter 0 LEGAL ADVISORS MERGERS & ACQUISITIONS REVIEW orldwide M&A Falls to Year Low l Deals Over $ billion Down % l Materials, Financials Push Europe M&A to Year High l Top Advis Global Deals Intelligence Worldwide Announced Buyside Financial Sponsor Activity WORLDWIDE M&A FALLS % AS PACE OF MEGA DEALS SLOWS Worldwide M&A activity totaled US$. billion during the first quarter of 0, an % decrease from comparable 0 levels and the slowest opening period for worldwide deal making in two years. Twentytwo deals with a value greater than $ billion were announced during the first quarter, their combined value down % compared to the first quarter of 0. Overall, just over,0 worldwide deals were announced during the first quarter of 0. DEAL MAKING FALLS % FROM ALLTIME RECORD QUARTER The value of worldwide M&A announced during the first quarter of 0 fell % compared to the fourth quarter of last year, which ranked as the largest quarter for global deal making since records began in 0. The percentage decline, both by value and number of deals, is the largest consecutive quarterly decline on record. UNITED STATES M&A FALLS %; EUROPEAN DEAL MAKING AT YEAR HIGH M&A activity for United States targets totaled US$. billion during the first quarter of 0, a decrease of % compared to the level of activity seen during the first quarter of 0. With US$. billion in announced deals during the first quarter, European M&A registered the strongest opening period for deal making in the region since 0. INDUSTRIALS, MATERIALS & FINANCIALS LEAD ACTIVITY Deal making in the Industrials sector totaled US$. billion during the first quarter of 0, an increase of % compared to 0 levels, while Materials increased % and Financial deal making fell % compared to a year ago. Healthcare M&A, which accounted for a marketleading.% % of first quarter 0 deal making, fell % to US$. billion this year. CHINA POWERS CROSSBORDER M&A UP % Powered by a record level of outbound M&A from Chinese acquirors, crossborder M&A activity totaled US$0. billion during the first quarter of 0, accounting for % of overall M&A volume and an % increase over 0 levels. Rank Value (US$b) $00 $00 $00 $00 $00 $00 $00 $00 $00 $0 Q Volume (US$b) Q Volume (US$b) Q Volume (US$b).% $. Q Volume (US$b) % of YTD Global M&A.%.% $. $..% $.0.% $..% $..0% $0. $..% $0. $. $. $. $00. $. $..% $..% $0. $. $. $. $. $0. $. $. $. $0.0 $. $. $0. $. $. $. $. $.0 $.0 $.0 $ % % 0% % 0% % 0% % of Global M&A Worldwide Announced (AE) Jan Mar Worldwide Cross Border Activity 0 0 Rank Value Market Market US$m Sh (%) Share Ch. Deals Rank Sh (%) Deals,00... * 0. 0, ,... 0.,...0 * 0., Osler Hoskin & Harcourt LLP 0,... * 0.,. 0.. * 0. Fangda Partners, ,0.... Cleary Gottlieb Steen & Hamilton 0, * 0. Kirkland & Ellis, Bar & Karrer *,... * 0. Homburger 0,..0. * 0. Freshfields Bruckhaus Deringer, Wachtell Lipton Rosen & Katz, * 0. Shearman & Sterling LLP, Weil Gotshal & Manges, , * 0. A&L Goodbody,... * 0. Arthur Cox 0,... * 0. Davies Ward Phillips & Vineberg LLP,.0.. * 0. King & Wood Mallesons,00... * 0. Blake Cassels & Graydon,0... 0* 0. Paul, Weiss,.0.. * 0. Fried Frank Harris Shriver & Jacobson, * 0.,. 00.0,,00.%.%.%.% Rank Value (US$b) $,000 $,00 $,00 $,00 $,00 $,000 $00 $00 $00 $00 $0.%.% $0. $. $. $.0 $0. $. $0. $. Q Volume (US$b) Q Volume (US$b) Q Volume (US$b) Q Volume (US$b).% % of YTD Global M&A.%.%.%.% $..%.0%.0% $0. $. $. $.0 $.0 $. $0. $. $0. $. $. $. $. $. $. $.0 $. $0. $. $. $. $. $. $0. $. $.0 $. $ % % 0% % 0% % 0% % 0% % 0% % of Global M&A

4 First Quarter 0 Mergers & Acquisitions s Mergers & Acquisitions Scorecard: Worldwide Announced M&A Scorecard: Worldwide Completed M&A Worldwide Announced M&A by Target Industry Target Region/Nation // 0//0 // 0//0 Rank Val No. Rank Val No. US$m Deals US$m Deals % Change in Rank Value Target Region/Nation // 0//0 Rank Val No. US$m Deals // 0//0 Rank Val No. US$m Deals % Change in Rank Value Worldwide,.,,. 0,. Worldwide,.0,,.,0. Americas,., 0,.,0. Americas,.,,0., 0. Caribbean.,.. Caribbean,.,0.. Central America.,.. Central America,.,.. Mexico.,.. Mexico,.,.. North America,., 0,.,. North America,.,,0.,. United States,0.,,.,. United States,.,0,0.,. Canada 0,0.,.. Canada,.,.. South America,.,0.. South America,.,0.. Colombia,... Colombia,..,. Brazil,.,.. Chile,0... Africa/Middle East,.,.. Africa/Middle East,.,..0 Middle East,0.0,..0 Middle East,. 0,0.. North Africa... North Africa.,.. SubSaharan Africa,.,0.0. SubSaharan Africa,.,. 0. Europe,.,,0.,. Europe,.,,.,. Eastern Europe,.,0.. Eastern Europe,0.,.. Western Europe,.,,.,. Western Europe,.0,,.,.0 Switzerland 0,.0,.. United Kingdom 0,0. 0, United Kingdom,0.,.. France,0.,. 0. France,.,0.. Italy,0.,.. AsiaPacific 0,.0,,.,. AsiaPacific,.,00,.0,. Australasia,0.,00.. Australasia,.,.. Australia,. 0,.. Australia,.,.. New Zealand. 0.. New Zealand..0. South East Asia,0.,.0. South East Asia,.,.0. Thailand,.,.. Thailand,.,.. Singapore,0.,.. Malaysia,.,.0. North Asia 0,0.,,0.,.0 North Asia 0,. 0,.. China,0.,0,0.,0. China,.,.. South Korea,. 0,. 0. South Korea,.0,. 0. South Asia,0. 0,..0 South Asia,.,.0. Central Asia 0... Central Asia Japan,.,.. Japan,. 0,0.0. % % % Industrials Financials Energy and Power Healthcare Media and Entertainment Retail Government and Agencies % % % % % % % % % Materials High Technology Real Estate Consumer Products and Services Consumer Staples Telecommunications Top Fifteen Worldwide Announced Deals Jan Mar 0 Rank Date Date Effective Target (% Sought/Acquired) Acquiror Acquiror / Target Nation Rank Value (US$m) Target Macro / Mid Industry //0 Pending Syngenta AG (00%) CNAC Saturn (NL) BV Netherlands / Switzerland,. Materials / Chemicals //0 Pending Johnson Controls Inc (00%) Tyco International PLC IrelandRep / United States,00. Industrials / Machinery //0 Pending SACAM Mutualisation (%) SACAM Mutualisation France / France 0,00. Financials / Banks //0 Pending London Stock Exchange Grp PLC (00%) Deutsche Boerse AG Germany / United Kingdom,. Financials / Brokerage //0 Pending The ADT Corp (00%) Apollo Global Management LLC United States / United States,. Consumer Products and Services / Professional Services //0 Pending Columbia Pipeline Group Inc (00%) TransCanada Corp Canada / United States,0. Energy and Power / Oil & Gas /0/0 Pending Valspar Corp (00%) SherwinWilliams Co United States / United States,0. Materials / Chemicals //0 Pending ITC Holdings Corp (00%) Fortis Inc Canada / United States,0. Energy and Power / Power /0/0 Intended Meda AB (00%) Mylan NV United States / Sweden,. Healthcare / Pharmaceuticals //0 Pending Asciano Ltd (00%) Investor Group Australia / Australia,. Industrials / Transportation & Infrastructure //0 Pending Shenzhen Metro Grp Co LtdAsts (00%) China Vanke Co Ltd China / China,. Industrials / Transportation & Infrastructure //0 Pending YTO Express Co Ltd (00%) Dalian Dayang Trands Co Ltd China / China,0. Industrials / Transportation & Infrastructure //0 Pending Alere Inc (00%) Abbott Laboratories United States / United States,0. Healthcare / Healthcare Equipment & Supplies //0 Pending Waste Connections Inc (00%) Progressive Waste Solutions Canada / United States,.0 Energy and Power / Water and Waste Management //0 Intended FCC (0.%) Control Empresarial de Capital Mexico / Spain,0. Industrials / Building/Construction & Engineering

5 First Quarter 0 Mergers & Acquisitions s Worldwide Rankings Worldwide Completed (AG) Jan Mar Worldwide Completed (AG) Based on Number of Deals Jan Mar # Rank Value Market Market Value US$m Sh (%) Share Ch. Deals Rank Sh (%) Deals Of Deals Sh (%) Deals US$m Rank Sh (%) Share Ch., , , * 0. DLA Piper LLP.,.,... 0* 0. Kirkland & Ellis *. 0,0. 0..,. 0.. * 0. Latham & Watkins.,... Freshfields Bruckhaus Deringer,... * 0..0,. 0.. Slaughter & May,.,..... * Freshfields Bruckhaus Deringer * * 0. 0.,., Latham & Watkins,.... * 0., , Baker & McKenzie 0 0.,. 0.. Ashurst 0 0, ,0... A&L Goodbody 0,... 0 * 0. Morgan Lewis & Bockius * 0., De Brauw Blackstone Westbroek,.. 0. * 0. * 0.,.. 0. Souza, Cescon, Barrieu & Flesch Advo,... 0* 0. Dentons * 0.,00. Allens King & Wood Mallesons,0., * Weil Gotshal & Manges Norton Rose Fulbright 0 * 0. 0.,. 0,..0. Lee & Ko Pinheiro Neto Advogados,0., * * CMS Ashurst * ,0. 0.., ,...,. 0.. * 0. Bryan Cave LLP * 0.,. Arthur Cox 0, * 0. 0* ,.0.., Shearman & Sterling LLP 0* * 0.,... Sidley Austin LLP 0,... * 0. 0* * 0.,..., King & Wood Mallesons * 0 0.,.. 0.,.. 0. * 0. * 0.,... Fried Frank Harris Shriver & Jacobson,0... * 0. * 0. 0,..., ,,,,, %.%.%.%.%.%.%.% Worldwide Announced (AE) Based on Number of Deals Jan Mar WW Announced Incl. Withdrawn (AE) Jan Mar 0 0 # Rank Value Market Market Of Dealshare (%) Deals US$m Rank Sh (%) Share Ch..,0... DLA Piper LLP 0.,. Kirkland & Ellis 0., ,00... Latham & Watkins 0., ,... Morgan Lewis & Bockius 0., ,... Baker & McKenzie 0.,... Dentons 0 * 0.,. Freshfields Bruckhaus Deringer 0.,...0 Norton Rose Fulbright * 0 0.,. * 0., * 0 0., ,0. * 0. 0,... CMS 0.,. * 0.,0.0.. * 0* 0.,...0 * * 0.,...0 * * 0.,00... Weil Gotshal & Manges 0.,.. 0. Bryan Cave LLP * * 0.,. King & Wood Mallesons * 0.,00... Paul, Weiss * 0* 0.,.0..,,00, Rank Value Market Market US$m Sh (%) Share Ch. Deals Rank Sh (%) Deals Wachtell Lipton Rosen & Katz,.,.,.,00. 0,. 0, * * ,... * 0. Osler Hoskin & Harcourt LLP 0,..0. Fangda Partners, ,0.... Cleary Gottlieb Steen & Hamilton,0... Kirkland & Ellis, Bar & Karrer 0*,..0.0 Homburger,..0. Freshfields Bruckhaus Deringer, Shearman & Sterling LLP, Weil Gotshal & Manges, , * 0. A&L Goodbody,... Arthur Cox 0,... Davies Ward Phillips & Vineberg LLP 0,.0.. Slaughter & May, King & Wood Mallesons,00... * 0. Blake Cassels & Graydon 0,0... Paul, Weiss,.0.. * 0., ,.%.%.%.%.%.% 0.% 0.%

6 First Quarter 0 Mergers & Acquisitions s Worldwide M&A Matrix Exit Multiple Matrix Year to Date Average Rank Value / EBITDA Jan Mar 0 UP 0 DOWN 0 World Americas USA Canada EMEA Europe UK Asia ex. Japan Japan Consumer Products and Services.x.x.x.x.x.x.0x.x.x.x.x.x.x.x.x.x Consumer Staples.x.x.0x 0.x.x.x.x.x.x.x.x.x.x.x.x Energy and Power.x.x.0x.x.x.x.x.x.0x.x.0x.x.x.x.x.x Healthcare.x 0.x.x.x.0x.x.x.x.x.x.x.x.x.x.x High Technology.x.x.x.x.x.x.x.x.x.x.x.x.0x 0.0x.x.x.x Industrials.x.x.x.x.x.x.x.x.x.x.x.x.x.x.x.x Materials.x.x.x 0.x.x.x.x 0.x.x.x 0.x.x.x.x.x.x.x.x Media and Entertainment.x.x.x.x.x.x.x.x.x.x.x.x.0x 0.x.0x Real Estate.x.x.x.x.x.x.x.x.x.x.x.0x.x Retail.x.x.x.x.x.x.x.x.x.x.x.x 0.x.x.0x.x.x.x Telecommunications 0.x.0x.x.x.x 0.0x.x.x.x.x.x.x.x Average.x.xx.x.xx.x.x 0.x.xx.x.0x.x.xx.x.x.x 0.x 0.x 0.x.x.0x Bid Premium Matrix Year to Date Average Premium to Week Stock Price Jan Mar 0 UP 0 DOWN 0 World Americas USA Canada EMEA Europe UK Asia ex. Japan Japan Consumer Products and Services Consumer Staples Energy and Power Financials Healthcare High Technology Industrials Materials Media and Entertainment Real Estate Retail Telecommunications Average * Using the valuations matrix you can analyze the average rank value to EBITDA and average premium to week stock price prior to announcement by nation/region, which is indicated in the top row and broken down by target macro industries. * The data given refers to the time period 0/0/0//0 and all spinoffs, splitoffs, open market repurchases, exchange offers and equity carveouts are excluded. * The figures in red indicate a decline, while green indicates an increase, compared to the figures from the same time period last year listed in black. * Additionally, for Rank Value/EBITDA the data is capped at 0x and for average premium to week stock price prior to announcement is capped at 00%

7 Americas M&A down % Energy & Power Volume Drives US Activity Canadian Activity Rises % First Quarter 0 Mergers & Acquisitions s Americas M&A Americas Deals Intelligence US Announced Advisors by Target Industry Jan Mar 0 Americas M&A volume during the first quarter of 0 decreased.% from comparable Q 0 levels, accruing US$. billion in activity from, announced deals. US Targeted M&A also saw a significant decrease, down.% compared to announced M&A during the first quarter of 0. UStargeted volume accrued a total of US$. billion during the quarter with,00 deals. The Energy & Power sector led the US market, with deal volume totaling US$. billion, accounting for a.% market share. Industrials followed, accruing US$. billion for a.% share of the market. High Technology rounded out the top sectors, with US$. billion and a.% share of the market. Accumulating US$. billion in transaction value, announced Canadian Involvement activity rose.% over the totals reached during the first quarter of 0. Completed Canadian Involvement activity was down.% compared to the first quarter of 0, accruing US$. billion from deals. In the Americas, Energy & Power, Real Estate and Retail were the only sectors that saw an increase in exit multiples during the first quarter of 0. Overall average multiples across industries in the Americas saw a decrease during the first quarter of 0, at.x compared to.x during first quarter 0. Rank Val Mkt. No. Rank Val Mkt. No. (US$m) Rank Share Deals (US$m) Rank Share Deals Telecommunications,. Media 0,0. Thompson Hine LLP,00.0 *.,0.0. Debevoise & Plimpton,00.0 *.,00.0.,00.0 *. Latham & Watkins,.. Energy & Power,.0,.. Industrials,.,0.. 0,..,..0 Osler Hoskin & Harcourt LLP,0. *. Financials,.,0. *. Wachtell Lipton Rosen & Katz,0.. Real Estate,0.,..,.,..0 0.,. *. Consumer Products & Services,.0,. *. Paul, Weiss,.. Healthcare,. Osler Hoskin & Harcourt LLP,0..,.0.,.. Kirkland & Ellis,.. Materials,0. Wilson Sonsini Goodrich & Rosati,..,.. High Technology,. Weil Gotshal & Manges,..,..,..,..,.. US Target Announced M&A Target Industry by Value Jan Mar 0 LBOs as a Percentage of US Targeted Announced M&A.%.% $00 NonLBO LBO LBO as % of US M&A %.%.%.% $00 $00 0% %.%.0%.%.%.0%.% Rank Value (US$b) $00 $00 $00 $00 0% % 0% % of US M&A 0.0%.0% Energy and Power Industrials High Technology Healthcare Materials Real Estate Consumer Products and Services Financials Media and Entertainment Consumer Staples Telecommunications Retail Government and Agencies $00 $0 Q0 Q0 Q0 Q0 Q0 Q0 Q0 Q0 Q0 Q0 Q0 Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q % 0% Top Ten US Announced Deals Jan Mar 0 Rank Date Date Effective Target (% Sought/Acquired) Acquiror Acquiror / Target Nation Rank Value (US$m) Target Macro / Mid Industry //0 Pending Johnson Controls Inc (00%) Tyco International PLC IrelandRep / United States,00. Industrials / Machinery //0 Pending The ADT Corp (00%) Apollo Global Management LLC United States / United States,. Consumer Products and Services / Professional Services //0 Pending Columbia Pipeline Group Inc (00%) TransCanada Corp Canada / United States,0. Energy and Power / Oil & Gas /0/0 Pending Valspar Corp (00%) SherwinWilliams Co United States / United States,0. Materials / Chemicals //0 Pending ITC Holdings Corp (00%) Fortis Inc Canada / United States,0. Energy and Power / Power //0 //0 Pending Pending Alere Inc (00%) Waste Connections Inc (00%) Abbott Laboratories Progressive Waste Solutions United States / United States Canada / United States,0.,.0 Healthcare / Healthcare Equipment & Supplies Energy and Power / Water and Waste Management //0 Pending Ingram Micro Inc (00%) Tianjin Tianhai Invest Co Ltd China / United States,. High Technology / Computers & Peripherals //0 Pending Questar Corp (00%) Dominion Resources Inc United States / United States,0. Energy and Power / Oil & Gas //0 Pending Lockheed Martin CorpGovt IT & (00%) Leidos Holdings Inc United States / United States,. High Technology / IT Consulting & Services

8 First Quarter 0 Mergers & Acquisitions s Americas Rankings Any US Involvement Announced (AE) Jan Mar Any US Involvement Completed (AG) Jan Mar 0 0 Rank Value Market Market 0 0 US$m Sh (%) Share Ch. Deals Rank Sh (%) Deals Value US$m Sh (%) Share Ch. Deals Rank Sh (%) Deals, ,...., ,0... *.,.. 0. *. 0 Latham & Watkins 0, ,... *. 0,.. 0..,....,...0 *. Kirkland & Ellis,.... Arthur Cox,... * 0. Wachtell Lipton Rosen & Katz, * 0. 0,... 0*.,.... 0,0... * 0. Weil Gotshal & Manges,... * 0. Fried Frank Harris Shriver & Jacobson, * 0. Osler Hoskin & Harcourt LLP 0,..0. * 0. Sidley Austin LLP 0,0... 0* 0. Shearman & Sterling LLP,..0. * 0., A&L Goodbody 0,... * 0.,0.... Arthur Cox,00... * 0. 0,..0. * 0.,...0 * 0. Morrison & Foerster,.0.. * 0. Davies Ward Phillips & Vineberg LLP,... * 0. Alston & Bird,... * 0. Paul, Weiss, Kirkland & Ellis,.... Fried Frank Harris Shriver & Jacobson, * 0. Kim & Chang 0,.. 0. * 0. Latham & Watkins, Paul, Weiss, Wilson Sonsini Goodrich & Rosati,... * 0.,. 0.. *. 0, Wachtell Lipton Rosen & Katz 0,. 0.. * 0. O'Melveny & Myers 0,...0 * 0. Allen & Gledhill *,... * 0.,...0. WongPartnership LLP * 0,... * 0. Blake Cassels & Graydon,... * 0. Jincheng Tongda & Neal Law Firm,... * 0. Mayer Brown LLP,0..0. * 0. Munger Tolles & Olson * *,... * 0.0 Stikeman Elliott 0,.0.. * 0. 0 Stoel Rives LLP *,... * 0.0 0,. 00.0,,. 00.0,.%.%.%.%.%.%.%.% US Target Announced (AE) Jan Mar US Target Completed (AG) Jan Mar 0 0 Rank Value Market Market US$m Sh (%) Share Ch. Deals Rank Sh (%) Deals,....,... 0., ,.... Kirkland & Ellis 0, Wachtell Lipton Rosen & Katz,0... * 0. 0,....,0.... Osler Hoskin & Harcourt LLP,... * 0. Shearman & Sterling LLP 0,... * 0. Weil Gotshal & Manges 0,... * 0. A&L Goodbody *, * 0. Arthur Cox *, * 0. Davies Ward Phillips & Vineberg LLP,0... * 0. Paul, Weiss 0, Fried Frank Harris Shriver & Jacobson, * 0.,... 0* 0. Latham & Watkins,0... *. Wilson Sonsini Goodrich & Rosati,... *. O'Melveny & Myers 0,... 0* 0. Blake Cassels & Graydon,... * 0., ,..0. * 0. 0 Mayer Brown LLP,0... * 0. Sidley Austin LLP,... *.0, , Value US$m Sh (%) Share Ch. Deals Rank Sh (%) Deals, ,.... Latham & Watkins 00, , *.,...0 * 0.,... *. Fried Frank Harris Shriver & Jacobson,... * 0., Sidley Austin LLP,0.... Arthur Cox 0,0... * 0.,0... * 0.,0... 0*.,0... * 0. Morrison & Foerster,.0.0. * 0. Alston & Bird,... * 0. Kirkland & Ellis 0, Paul, Weiss,... *. Wachtell Lipton Rosen & Katz,.... Kim & Chang *, * 0. Allen & Gledhill *,. 0.. * 0. WongPartnership LLP *, * 0. Jincheng Tongda & Neal Law Firm, * 0. Munger Tolles & Olson * 0*, * 0. Stoel Rives LLP *, * 0., * 0.,. 00.0,0.%.%.%.%.%.%.%.%

9 First Quarter 0 Mergers & Acquisitions s Americas Rankings Any US Public Involvement Completed Jan Mar US Target Announced (AE) Based on Number of Deals Jan Mar 0 0 Rank Value Market Market 0 0 Rank Value Market Market US$m Sh (%) Share Ch. Deals Rank Sh (%) Deals Deals Sh (%) Deals US$m Rank Sh (%) Share Ch,.0....,... 0,.... Kirkland & Ellis. 0, Latham & Watkins 0, Morgan Lewis & Bockius * 0*., , Latham & Watkins *.,0...,. 0.. *. DLA Piper LLP 0*.,. Arthur Cox,... * 0. Bryan Cave LLP *.,. 0, *. 0.,0...,0... *. Paul, Weiss *.,0.0.. Fried Frank Harris Shriver & Jacobson,0... *..,... Sidley Austin LLP 0,.0.. *. 0.,.0..,... *. *.,0...,0..0. *. *.,... Alston & Bird,... * 0. Goodwin Procter LLP *., Morrison & Foerster,.0.. * 0. Sidley Austin LLP * *.0,...,.... Wilson Sonsini Goodrich & Rosati *.,..0 Kim & Chang 0,.. 0. * 0. * 0.,... Paul, Weiss,.0.. * 0. Cooley LLP * 0.,.,... *. Weil Gotshal & Manges * 0* 0. 0,... Kirkland & Ellis 0,.... Fenwick & West LLP 0.,0. Wachtell Lipton Rosen & Katz 0,... *. 0* 0.,... Allen & Gledhill *,. 0.. * 0. O'Melveny & Myers 0* * 0.,. 0.. WongPartnership LLP *, * 0. Willkie Farr & Gallagher 0* 0* 0.,. 0.. Jincheng Tongda & Neal Law Firm, * 0. * * 0. 0,..0. Munger Tolles & Olson * 0*, * 0. Norton Rose Fulbright * 0.,. Stoel Rives LLP *, * 0. Vinson & Elkins LLP * * 0.,., Wachtell Lipton Rosen & Katz * * 0.,0...,00, %.%.%.%.%.%.%.% Any Canadian Involvement Announced (AE) Jan Mar Any Canadian Involvement Completed (AG) Jan Mar 0 0 Rank Value Market Market 0 0 US$m Sh (%) Share Ch. Deals Rank Sh (%) Deals Value US$m Sh (%) Share Ch. Deals Rank Sh (%) Deals,... *.0 Osler Hoskin & Harcourt LLP,...0. Osler Hoskin & Harcourt LLP,0....,... 0* 0.,...0 0*. Davies Ward Phillips & Vineberg LLP,... *.,.0.. *. Norton Rose Fulbright,.. 0. *. Davies Ward Phillips & Vineberg LLP,.0.0. *. Blake Cassels & Graydon 0, Blake Cassels & Graydon,0....,... 0* 0.,... 0*. Stikeman Elliott,0.... Stikeman Elliott,.... McCarthy Tetrault,....,... * 0. Jun He Law Offices *,... * 0. Mayer Brown LLP 0,0... * 0. Hengeler Mueller *,... * 0. Kirkland & Ellis 0,... *.0 Gleiss Lutz * *,... * 0. Weil Gotshal & Manges * 0,0... 0* 0. Kirkland & Ellis *,.0.. *. Bennett Jones,00... *. Vinson & Elkins LLP,0.0.. *. Locke Lord Edwards LLP *,... * 0.,.0.. 0* 0. *,... * 0. Goodmans,... 0* 0. McCarthy Tetrault, Freshfields Bruckhaus Deringer *, * 0. Alston & Bird,.0.. 0* 0. Willkie Farr & Gallagher 0*, * 0. Sidley Austin LLP *,0... * 0. Dentons Canada LLP,... * 0. Husch Blackwell Sanders LLP * *,... * 0. Ashurst *,0... *. Cahill Gordon & Reindel *,... * 0. 0,0... * 0. Choate, Hall & Stewart LLP *,... 0* 0. *... * 0., * 0. Jeantet & Associes *... * 0. Norton Rose Fulbright,... * 0. 0 Debevoise & Plimpton * 0. Freshfields Bruckhaus Deringer,.. 0. * 0. Torys... *. Hunton & Williams,... * 0. Miller Thomson....,. 00.0, %.%.%.0%.%.0%.% 0.%

10 European Announced M&A Up % Materials Highest Valued Sector Financial Sponsor Activity drops First Quarter 0 Mergers & Acquisitions s EMEA M&A EMEA Deals Intelligence Announced M&A activity with EMEA involvement totaled US$. billion in the first quarter of 0, up.0% compared to the US$. billion reached in the same period last year. The Materials sector led the EMEA marketplace, with deals totaling a combined US$. billion, including the Syngenta AG and CNAC Saturn (NL) BV deal, which was the largest European deal of the quarter, valued at US$. billion. Industrials accrued US$. billion, and Financials totaled US$. billion of activity. Financial sponsors were less active in the first quarter of 0 compared to the first quarter of 0. EMEAtargeted buyside financial sponsor activity reached US$.0 billion in the first quarter of 0, down.% from the US$. billion reported for the same period last year. Acquirors listed on the New York Stock Exchange were EMEA's most acquisitive companies for the first quarter of 0, with a combined total of US$. billion in offers. EMEA Involvement Announced Advisors by Target Industry Jan Mar 0 Mkt. Rank Val US$m Rank Share No. Deals Materials,. Cleary Gottlieb Steen & Hamilton,..0 Industrials,.,0.. Shearman & Sterling LLP,0. *.,0. *. Financials,. Freshfields Bruckhaus Deringer,0.,0... Real Estate,.,0.0. De Pardieu Brocas Maffei,.0. Bredin Prat,.0 * 0. Darrois Villey Maillot Brochier,.0 * 0. Primary Stock Exch. Listing of Most Acquisitive EMEA Companies Top 0 (US$ bil) EMEA Targeted Financial Sponsor Investments (Buyside Sponsor Activity) $00 Q Volume (US$b) % $. $. $. $. $. $. $. $.0 New York Frankfurt $. Euronext Paris Swiss Stock Exchange New York Zurich $. Nasdaq Madrid OMX Stockholm BMFBOVESPA Rank Value (US$b) $0 $00 $0 $00 $0 $0 Q Volume (US$b) Q Volume (US$b) $.0.% Q Volume (US$b) % of YTD EMEA M&A.%.% 0.% $..%.%.%.% $..% $. $..% $. $0. $. $. $. $. $. $. $. $. $. $. $. $.0 $. $. $. $. $. $. $. $. $. $. $.0 $. $. $. $. $. $. $ % % 0% % 0% % of EMEA Top Ten EMEA Involvement Announced Deals Rank Date Status Target (% Sought/Acquired) Acquiror //0 //0 //0 Pending Pending Pending Syngenta AG (00%) Johnson Controls Inc (00%) SACAM Mutualisation (%) CNAC Saturn (NL) BV Tyco International PLC SACAM Mutualisation //0 Pending London Stock Exchange Grp PLC (00%) Deutsche Boerse AG /0/0 Intended Meda AB (00%) Mylan NV //0 Intended FCC (0.%) Control Empresarial de Capital //0 Pending VodafoneDutch Operations (00%) Liberty GlobalZiggo's Network //0 //0 Pending Completed Markit Ltd (00%) Big C Supercenter PCL (.%) IHS Inc Thai Charoen Corp Group //0 Pending Banca Popolare di Milano Scarl (00%) Banco Popolare SC Acquiror / Target Nation Rank Value (US$m) Netherlands / Switzerland,. IrelandRep / United States,00. France / France 0,00. Germany / United Kingdom,. United States / Sweden,. Mexico / Spain,0. Netherlands / Netherlands,0. United States / United Kingdom,. Thailand / Thailand,. Italy / Italy,. Jan Mar 0 Target Macro / Mid Industry Materials / Chemicals Industrials / Machinery Financials / Banks Financials / Brokerage Healthcare / Pharmaceuticals Industrials / Building/Construction & Engineering Telecommunications / Telecommunications Services High Technology / Ecommerce / BB Retail / Food & Beverage Retailing Financials / Banks

11 First Quarter 0 Mergers & Acquisitions s EMEA Rankings Any European Involvement Announced (AE) Jan Mar Any European Involvement Completed (AG0) Jan Mar 0 0 Rank Value Market Market 0 0 US$m Sh ($) Share Ch. Deals Rank Sh ($) Deals Value US$m Sh ($) Share Ch. Deals Rank Sh ($) Deals,...0 * 0. Freshfields Bruckhaus Deringer, ,..0. *. Slaughter & May,...0 * 0.,.0..0 * 0. 0, *., * 0. A&L Goodbody,... * 0. Bar & Karrer *, * 0.,...0 * 0. Homburger,. 0.. * 0.,.0..0 * 0. Fangda Partners,. 0.. * 0. Ashurst 0, Cleary Gottlieb Steen & Hamilton,... * 0. De Brauw Blackstone Westbroek,...0 0* 0. Osler Hoskin & Harcourt LLP *,... * 0. Souza, Cescon, Barrieu & Flesch Advo *,... * 0. 0,0.,..... * * King & Wood Mallesons Pinheiro Neto Advogados 0 *,., * * Shearman & Sterling LLP,... * 0. Allens *, * 0. Freshfields Bruckhaus Deringer, *. Lee & Ko *,00... * 0.0 Wachtell Lipton Rosen & Katz,... * 0., * 0. A&L Goodbody,... * 0., Arthur Cox,... * 0., * 0.,... * 0. 0,... * 0.,0... * 0., NautaDutilh *,... * 0. Sidley Austin LLP,0... * ,... * 0. Latham & Watkins 0, *. Mannheimer Swartling Advokatbyra * 0,.. 0. * 0. Wachtell Lipton Rosen & Katz,... 0* 0. Stibbe *,... * 0., Slaughter & May,0... * 0. Jincheng Tongda & Neal Law Firm,... * 0. Loyens & Loeff,... * 0. Lenz & Staehelin,...0 0* 0.,0... *. Weil Gotshal & Manges, ,. 00.0, 0,. 00.0,.%.%.%.%.%.%.%.0% Any UK Involvement Announced (AE0) Jan Mar Any UK Involvement Completed (AG) Jan Mar 0 0 Rank Value Market Market 0 0 US$m Sh ($) Share Ch. Deals Rank Sh ($) Deals Value US$m Sh ($) Share Ch. Deals Rank Sh ($) Deals Freshfields Bruckhaus Deringer,.. 0. *. Freshfields Bruckhaus Deringer,... *., *. Slaughter & May 0,00....,... *. A&L Goodbody,... * 0.,... 0* 0.,. 0.. *. Slaughter & May,0.... Ashurst,... *. 0,0..0. *., Debevoise & Plimpton,... * 0. De Brauw Blackstone Westbroek *,... * 0. Weil Gotshal & Manges,... * 0. *,00... * 0. Loyens & Loeff,. 0.. * 0. Pinheiro Neto Advogados * *,00... * 0. NautaDutilh, * 0. Souza, Cescon, Barrieu & Flesch Advo *, * 0.,. 0.. * 0. Allens *,00... * 0.,0.0.. *. King & Wood Mallesons *,00... * 0.,... *. Lee & Ko *,00... * 0. Bracewell LLP *, * 0.,... *. McCann Fitzgerald * *, * 0. Norton Rose Fulbright,0... *. Baker & McKenzie *, * 0. Simmons & Simmons, * 0. Ashurst, ,... * 0.,.0, *. 0. Arthur Cox *,.,..... * * Blake Cassels & Graydon 0* *,..0.0 * 0. 0,.... Osler Hoskin & Harcourt LLP 0* *,..0. * 0. Baker & McKenzie,... * 0. Travers Smith,... *. Debevoise & Plimpton * 0,... * 0. Kirkland & Ellis, * 0. 0,.0.. *. Arthur Cox * * 0. Travers Smith 0,... 0*. A&L Goodbody *.0.. * 0.,...0 *. 0,. 00.0, %.%.% 0.%.%.%.0%.%

12 First Quarter 0 Mergers & Acquisitions s EMEA Rankings Any French Involvement Announced (AE) Jan Mar Any French Involvement Completed (AG) Jan Mar 0 0 Rank Value Market Market 0 0 US$m Sh ($) Share Ch. Deals Rank Sh ($) Deals Value US$m Sh ($) Share Ch. Deals Rank Sh ($) Deals De Pardieu Brocas Maffei, *.,... * 0. 0,0... *.0,... * 0. Bredin Prat,... * 0. Latham & Watkins,... *. Latham & Watkins,0.0.. *. Dittmar & Indrenius *,... * 0. Darrois Villey Maillot Brochier,.0.. * 0. Fangda Partners * *,... * 0. Wargny Katz & Associes *,0.0.. * 0. Roschier *,... * 0. Fidufrance Avocats * 0... * 0. Wachtell Lipton Rosen & Katz *,... * 0. BrandfordGriffith & Associes *... * 0. * 0,... * 0. Studio Pedersoli e Associati *... * 0. Weil Gotshal & Manges *, *. Cleary Gottlieb Steen & Hamilton * 0. DLA Piper LLP 0,...0 *. Jeantet & Associes * * 0... * 0. Mattos Filho Veiga Filho Marrey Jr *,... * 0. Willkie Farr & Gallagher * *. Lenz & Staehelin *,... * 0. Pinsent Masons... * 0. Jeantet & Associes * *... * 0. Gide Loyrette Nouel *... * * *. Hengeler Mueller *... * 0. *... * 0. Simmons & Simmons * *... * 0. Shearman & Sterling LLP... * 0. * *... * * McDermott Will & Emery *.. 0. * *. Dechert * 0. Bar & Karrer * * * 0. Lenz & Staehelin * * 0. Boekel De Neree * 0... * 0. Morrison & Foerster * 0. Gleiss Lutz * * 0... * 0. Proreus SELARL * 0. Stibbe * * 0... * 0. King & Wood Mallesons * 0 0. Noerr LLP... * 0 0., , %.%.% 0.%.% 0.%.% 0.% Any Spanish Involvement Announced (AE) Jan Mar Any Spanish Involvement Completed (AG) Jan Mar 0 0 Rank Value Market Market 0 0 US$m Sh ($) Share Ch. Deals Rank Sh ($) Deals Value US$m Sh ($) Share Ch. Deals Rank Sh ($) Deals,0... *. *,.0.. * 0. Stikeman Elliott *,0... * 0. *,.0.. * 0. Ashurst * *,0... * 0.,... *. PwC Legal LLP Stikeman Elliott *,0... * *. Ashurst * *,0... *. Dentons * * 0. Freshfields Bruckhaus Deringer,0... *. DLA Piper LLP * *. Cuatrecasas Goncalves Pereira.... Mayer Brown LLP * 0. * * * *. Kirkland & Ellis * * 0. Garrigues 0*. 0.. *. Bonelli Erede e Pappalardo 0*... * 0. 0* * 0. Noerr LLP 0*... *. Cuatrecasas Goncalves Pereira *. Gianni Origoni Grippo Cappelli & Partne 0*... *. Norton Rose Fulbright *. Uria Menendez 0... *. PwC Societe D'Avocats SELAS * 0. Gomez Acebo & Pombo...0 *. Perez Llorca * * Freshfields Bruckhaus Deringer * * 0. Dentons * * 0. * 0* *. DLA Piper LLP *. 0.. *. Rousaud Costas Duran SLP *.0 PwC Legal LLP *.0, Mayer Brown LLP * 0. Osborne Clarke * 0. Perez Llorca Rousaud Costas Duran SLP *., %.%.%.%.%.%.%.%

13 First Quarter 0 Mergers & Acquisitions s EMEA Rankings Any German Involvement Announced (AE) Jan Mar Any German Involvement Completed (AG) Jan Mar 0 0 Rank Value Market Market 0 0 US$m Sh ($) Share Ch. Deals Rank Sh ($) Deals Value US$m Sh ($) Share Ch. Deals Rank Sh ($) Deals Freshfields Bruckhaus Deringer,.. 0. *. Freshfields Bruckhaus Deringer,0..0. *.,... *. Norton Rose Fulbright *,... *.0 *, * 0.,... *.,... 0 *. Slaughter & May 0* 0, * 0. Hengeler Mueller,... *. Simmons & Simmons *,.0.. * 0.,... *.,... *. Luther Rechtsanwaltsgesellschaft mbh 0*,... 0 *. *,... * 0. P+P Pollath + Partners,..0. *. Gleiss Lutz,... *. Houthoff Buruma * 0*,... * 0. Hengeler Mueller,. 0.. *. Mayer Brown LLP * 0*,... * 0. 0, * 0.,... * 0. Loyens & Loeff * *, * 0. Wachtell Lipton Rosen & Katz, * 0. De Brauw Blackstone Westbroek * *, * 0. Fangda Partners *,0.0.. * 0. Lefosse Advogados *, * 0. Kim & Chang * *,0.0.. * 0. Souza, Cescon, Barrieu & Flesch Advo *, * 0. Bryan Cave LLP * * 0. A&L Goodbody *, * 0. Homburger * * * * Morgan Lewis & Bockius Osler Hoskin & Harcourt LLP *,0.0, * * Lenz & Staehelin * 0*... * 0. Jun He Law Offices,... * 0. Bar & Karrer *... * 0.,... *.... * 0. Goodwin Procter LLP 0* 0,0... * 0. Noerr LLP.0... Kirkland & Ellis 0*, * 0. DLA Piper LLP Arnold & Porter 0*,0... * 0. OhEbashi LPC & Partners *... * 0. Stibbe,0... * 0. De Brauw Blackstone Westbroek * 0*... * 0. P+P Pollath + Partners,0...0 *. AZB & Partners... * 0 0. Luther Rechtsanwaltsgesellschaft mbh, *.,. 00.0, %.%.%.%.%.%.%.% Any Italian Involvement Announced (AE) Jan Mar Any Italian Involvement Completed (AG) Jan Mar 0 0 Rank Value Market Market 0 0 US$m Sh ($) Share Ch. Deals Rank Sh ($) Deals Value US$m Sh ($) Share Ch. Deals Rank Sh ($) Deals d'urso Gatti e Associati,00... *.,... *.0 Lombardi Molinari e Associati *,... * 0.,..0.0 *. Studio Marchetti *,... * 0. Studio Pedersoli e Associati,.0.. *. BrandfordGriffith & Associes *..0.0 *.,0... *. Studio Pedersoli e Associati *... 0*. WongPartnership LLP *,... * 0. Fidufrance Avocats *..0.0 *. Debevoise & Plimpton *,... * 0. Gattai Minoli Agostinelli & Partners *... *. *,... * *. Appleby *,... * 0. Simmons & Simmons *..0.0 * 0. *,... * 0. Bredin Prat *..0.0 * 0. Cox Hallett Wilkinson Ltd *,... * 0. Darrois Villey Maillot Brochier *..0.0 * 0. Paul, Weiss *,... * 0. De Pardieu Brocas Maffei * *..0.0 * 0. Chiomenti Studio Legal 0,.... *..0.0 * 0. Gianni Origoni Grippo Cappelli & Partne 0,.... Gianni Origoni Grippo Cappelli & Partne.0.. *. Legance Studio Legale Associato *,... *. Accinni, Cartolano & Associati Studio L... 0*.,... * 0. Chiomenti Studio Legal.... NCTM *..0.0 *. Legalitax Studio Legale e Tributario... * 0. Cuatrecasas Goncalves Pereira... * *. Craca Pisapia Tatozzi *... * 0. Bonelli Erede e Pappalardo Arrigoni & Asociados *... * 0. Noerr LLP... *.0 Legance Studio Legale Associato... *. Weil Gotshal & Manges *... * 0. 0*...0 * 0. Ashurst * * 0... *. Orrick Herrington & Sutcliffe LLP.. 0. *. Norton Rose Fulbright * *., Shearman & Sterling LLP *..0.0 * *., %.%.%.% 0.%.%.%.%

14 First Quarter 0 Mergers & Acquisitions s EMEA Rankings Any Nordic Involvement Announced (AE) Jan Mar Any Nordic Involvement Completed (AG) Jan Mar 0 0 Rank Value Market Market 0 0 US$m Sh ($) Share Ch. Deals Rank Sh ($) Deals Value US$m Sh ($) Share Ch. Deals Rank Sh ($) Deals 0,... * 0. Latham & Watkins *,0... *. *, * 0. * *,0... 0* 0. NautaDutilh *, * 0. *, *. Mannheimer Swartling Advokatbyra *,... * 0. Dittmar & Indrenius * *,... *.0 Stibbe *, * 0. Fangda Partners *,... * 0. Advokatfirmaet Thommessen AS 0,...0. Roschier *,... *. Mayer Brown LLP,... * 0. Wachtell Lipton Rosen & Katz *,... * 0. Houthoff Buruma *,... 0* 0. *,... * 0. * *,... * 0. Houthoff Buruma, *.0 P+P Pollath + Partners * *,... * 0. Mayer Brown LLP,... *.0 Luther Rechtsanwaltsgesellschaft mbh * *,... 0* 0. * *,... 0* 0. Bar & Karrer,... * 0. P+P Pollath + Partners * *,... 0* 0. Homburger,... 0* 0. Luther Rechtsanwaltsgesellschaft mbh * *,... * 0. Advokatfirmaet Schjodt ANS *,... * 0. *,... * 0. Loyens & Loeff * *,... * 0. Conyers Dill & Pearman *,... * 0. Fangda Partners *,... 0* *.0 Gorrissen & Federspiel,.... Shearman & Sterling LLP *... 0* 0. Shearman & Sterling LLP *,0... 0* 0. Debevoise & Plimpton *... * 0. *,0... 0* 0. Morgan Lewis & Bockius * *... * 0. *,0... 0* *.. 0. *. Blake Cassels & Graydon *.0.. 0* 0. Dentons *... *. Dentons Hannes Snellman * * * 0.. Gernandt & Danielsson Gorrissen & Federspiel * 0.. Arnold & Porter... * 0. Mannheimer Swartling Advokatbyra...0 *. Roschier * 0 0. K&L Gates * 0 0.,. 00.0, %.%.% 0.%.%.%.% 0. Any Benelux Involvement Announced (AE) Jan Mar Any Benelux Involvement Completed (AG) Jan Mar 0 0 Rank Value Market Market 0 0 US$m Sh ($) Share Ch. Deals Rank Sh ($) Deals Value US$m Sh ($) Share Ch. Deals Rank Sh ($) Deals Bar & Karrer,... * 0., Homburger,0... * 0. Freshfields Bruckhaus Deringer,... *.,..0.0 * 0. De Brauw Blackstone Westbroek,.... *,... * 0. *,0... * 0. Cleary Gottlieb Steen & Hamilton * 0 *,., * * Souza, Cescon, Barrieu & Flesch Advo A&L Goodbody * * * *,0., * * Fangda Partners * *,..0. 0* 0. Slaughter & May * *,00... * 0. Osler Hoskin & Harcourt LLP *, * 0. Ashurst *,00... * 0. * *, *. Pinheiro Neto Advogados * *,00... * 0. Loyens & Loeff 0,. 0.. *.0 King & Wood Mallesons *,00... * 0. Freshfields Bruckhaus Deringer,... 0*. *,00... * 0.,.0.. *. Allens *,00... * 0. Slaughter & May *, * 0. Lee & Ko *,00... * 0. NautaDutilh * *,0... * 0. Latham & Watkins,.0.. * 0. De Brauw Blackstone Westbroek,... * 0., *. Baker & McKenzie,.... 0,... *. Demarest Advogados *, * 0. Weil Gotshal & Manges,0... *. Lenz & Staehelin *, * 0. Sidley Austin LLP *,...0 * 0. * *, * 0. *,... * 0. AZB & Partners 0*,.0.. * 0. McDermott Will & Emery * *,... * 0. Paul, Weiss 0*,.0.. 0* 0. Stibbe *,...0 *.,0.... Morgan Lewis & Bockius,0.0.. * 0. Bell Gully * 0., Luther Rechtsanwaltsgesellschaft mbh * * * 0. Noerr LLP * * * 0., %.%.%.%.%.%.%.%

15 First Quarter 0 Mergers & Acquisitions s Asia Pacific (exjapan) M&A Asian M&A Rises % I Australian M&A Down % Asia Pacific (exjapan) Deals Intelligence Any Asian (ExJapan) Involvement Advisors by Target Industry Jan Mar 0 Announced Mergers & Acquisitions activity with Asian involvement reached US$. billion during the first quarter of 0, a % increase over the US$. billion recorded in the same period of 0. The majority of deal making activity involving Asian companies targeted the Materials sector, followed by Industrials and High Technology. The top Asian involvement deal during the first quarter of 0 was the US$. billion acquisition of Syngenta AG by CNAC Saturn (a subsidiary of China stateowned China National Chemical Corp) which was the largest Asian Involvement (excluding Japan) deal on record. Asian buyside financial sponsor M&A activity reached US$. billion during the first quarter of 0. Companies in the High Technology sector were the most targeted, followed by Industrials and Financials. China crossborder activity recorded a historical high start to the year with US$. billion during the first quarter of 0, a % increase over the US$0. billion accumulated during the same period last year. Outbound investment volume reached US$. billion, with companies in the Materials sector being the most targeted. Announced M&A activity with Australian involvement totaled US$. billion, a % decrease from the US$. billion recorded during the same period last year. Australia s cross border activity recorded US$. billion, with outbound activity comprising US$. billion. Rank Val Mkt. No. Rank Val Mkt. No. (US$m) Rank Share Deals (US$m) Rank Share Deals Energy & Power,. 0 Industrials,. Houthoff Buruma,.0. King & Wood Mallesons,.. P+P Pollath + Partners,. * 0. Bryan Cave LLP,. * 0. Luther Rechtsanwaltsgesellschaft m,. * 0. Fried Frank Harris Shriver & Ja,. * 0. Materials,0. Consumer Staples,. Osler Hoskin & Harcourt LLP,0.. King & Wood Mallesons,0.. Cleary Gottlieb Steen & Hamilton,. *. Sidley Austin LLP,00.0 * 0. Fangda Partners,. *. Arnold & Porter,00.0 * 0. Financials,0. Healthcare 0,0. 0 Cleary Gottlieb Steen & Hamilton,..0 Jincheng Tongda & Neal Law,.. Lee & Ko,.,00.0.., Real Estate,. Telecommunications,. 0 Freshfields Bruckhaus Deringer,0. 0. King & Wood Mallesons.. Norton Rose Fulbright Dorsey & Whitney LLP,0., Freshfields Bruckhaus Deringe 0.0. *.. Latham & Watkins. *. * tie Any Asian (ExJapan) Announced M&A by Target Industry Jan Mar 0 China Cross Border Announced M&A % % % Materials High Technology Real Estate Energy and Power Healthcare Consumer Products and Services Government and Agencies % 0% % % % % % % Industrials Financials Media and Entertainment Consumer Staples Retail Telecommunications % % Top Ten Asia Pacific (exjapan) Announced Deals Jan Mar 0 Rank Date Date Effective Target (% Sought/Acquired) Acquiror Acquiror / Target Nation Rank Value (US$m) Target Macro / Mid Industry //0 Pending Syngenta AG (00%) CNAC Saturn (NL) BV Netherlands / Switzerland,. Materials / Chemicals //0 Pending Shenzhen Metro Grp Co LtdAsts (00%) China Vanke Co Ltd China / China,. Industrials / Transportation & Infrastructure //0 Pending YTO Express Co Ltd (00%) Dalian Dayang Trands Co Ltd China / China,0. Industrials / Transportation & Infrastructure //0 Pending Ingram Micro Inc (00%) Tianjin Tianhai Invest Co Ltd China / United States,. High Technology / Computers & Peripherals //0 Pending General Electric CoAppl Bus (00%) Qingdao Haier Co Ltd China / United States,00.0 Consumer Staples / Household & Personal Products //0 Pending GreatWall Info Industry Co Ltd (00%) China Greatwall Computer China / China,0. High Technology / Computers & Peripherals //0 Intended Terex Corp (00%) Zoomlion Heavy Ind Sci&Tech China / United States,. Industrials / Machinery //0 Pending Liaoning Zhongwang Grp Co Ltd (00%) CRED Holding Co Ltd China / China,. Materials / Metals & Mining //0 Pending CITIC Real Estate Co Ltd (00%) China Overseas Land & Invest Hong Kong / China,. Real Estate / Other Real Estate /0/0 Intended Dalian Wanda Coml Ppty Co Ltd (.%) Dalian Wanda Group Co Ltd China / China,0. Real Estate / Other Real Estate Rank Value (US$b) $00 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Outbound (US$b) Inbound (US$b) % of Cross Border is Outbound Q0 Q0 Q0 Q0 Q0 Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q 00% 0% 0% 0% 0% 0% % Outbound

16 First Quarter 0 Mergers & Acquisitions s Asia (ExJapan) Rankings Any Asian (exjapan) Involvement Announced (AE) Jan Mar Any Asian (exjapan) Involvement Completed (AG) Jan Mar 0 0 Rank Value Market Market 0 0 US$m Sh (%) Share Ch. Deals Rank Sh (%) Deals Value US$m Sh (%) Share Ch. Deals Rank Sh (%) Deals Fangda Partners, Grandall Law Firm 0,0... *. 0,., * 0. 0.,00., * * Cleary Gottlieb Steen & Hamilton,... * 0. Weil Gotshal & Manges 0*,... * 0.,... * 0. Freshfields Bruckhaus Deringer,... * 0. *,... * 0. DLA Piper LLP,0... * 0. Osler Hoskin & Harcourt LLP,0... * 0. Commerce & Finance Law Offices,0... * 0. Homburger * *,... * 0. Tian Yuan Law Firm,... * 0. Bar & Karrer *,... * 0.0 Bae Kim & Lee,..0. *. King & Wood Mallesons 0, ,... * 0.,... 0* 0.,... * 0. Freshfields Bruckhaus Deringer,0... * 0. Zhong Lun Law Firm, Arnold & Porter,0... * 0. Shanghai United Law Firm,... * 0. Hunan Qiyuan Law Firm,... * 0. Mattos Filho Veiga Filho Marrey Jr *,... * 0. Weil Gotshal & Manges,... * 0. Lenz & Staehelin *,... * 0. Haiwen & Partners,... * 0. Latham & Watkins *,... * 0. Sidley Austin LLP,... * 0. Sidley Austin LLP,.0..0 * 0. Lee & Ko,.0.0. * 0. Gide Loyrette Nouel *,... * 0.,.. 0. * 0.,..0. * 0. Norton Rose Fulbright 0,.. 0. * 0. Norton Rose Fulbright, * 0. Bryan Cave LLP,... * 0. Kirkland & Ellis,... * 0. Fried Frank Harris Shriver & Jacobson *,... * 0. Rahmat Lim & Partners,... * 0. Avance Attorneys Ltd *,... * 0.0 Shin & Kim, * 0. Latham & Watkins, * 0. King & Wood Mallesons 0,0.... Zhong Lun Law Firm,.. 0. * 0. 0 Haiwen & Partners,.0..0 * 0.,. 00.0,,. 00.0,,0.0%.%.% 0.%.%.%.%.% Any Asia Pacific (exjapan) Involvement Announced (AE0) Jan Mar Any Asia Pacific (exjapan) Involvement Completed (AG) Jan Mar 0 0 Rank Value Market Market 0 0 US$m Sh (%) Share Ch. Deals Rank Sh (%) Deals Value US$m Sh (%) Share Ch. Deals Rank Sh (%) Deals Fangda Partners, ,0... *.,...0 * 0. Grandall Law Firm,0..0. *., * 0.,00... * 0. Cleary Gottlieb Steen & Hamilton,... * 0. Weil Gotshal & Manges *,... 0* 0.,... 0* 0. Allens, * 0. *,... * 0. Freshfields Bruckhaus Deringer,... * 0. Osler Hoskin & Harcourt LLP *,0... * 0. DLA Piper LLP,.... Homburger * *,... * 0. Commerce & Finance Law Offices,0..0. * 0. Bar & Karrer *,... 0* 0.0 Tian Yuan Law Firm,... * 0. King & Wood Mallesons 0,... * 0. 0, * 0. Freshfields Bruckhaus Deringer, * 0. Bae Kim & Lee,... * 0.,...0 * 0. 0,... * 0.,... * 0., * 0. Allens,... * 0. Zhong Lun Law Firm 0, * 0. 0, Shanghai United Law Firm,..0.0 * 0. Arnold & Porter,0... * 0. Mattos Filho Veiga Filho Marrey Jr *,... * 0. Hunan Qiyuan Law Firm,... * 0. Lenz & Staehelin *,... * 0. Weil Gotshal & Manges,... * 0. Gide Loyrette Nouel *,00... * 0. Haiwen & Partners,... * 0. Latham & Watkins,.. 0. * 0. Sidley Austin LLP 0,...0 * 0. Sidley Austin LLP 0,.0.. * 0. Lee & Ko,.0..0 * 0. Norton Rose Fulbright, * 0. 0,.. 0. * 0.,... * 0. Norton Rose Fulbright 0, Kirkland & Ellis 0,...0 * 0. Bryan Cave LLP *,... * 0. Rahmat Lim & Partners,... * 0. Fried Frank Harris Shriver & Jacobson *,... * 0. Minter Ellison,... * 0. Avance Attorneys Ltd *,... 0* 0.0,. 00.0,,. 00.0,.%.%.%.%.%.%.%.% * tie

17 First Quarter 0 Mergers & Acquisitions s Australia & New Zealand Rankings Any Australia or New Zealand Involvement Announced (AE) Jan Mar Any Australia or New Zealand Involvement Completed (AG) Jan Mar 0 0 Rank Value Market Market 0 0 US$m Sh (%) Share Ch. Deals Rank Sh (%) Deals Value US$m Sh (%) Share Ch. Deals Rank Sh (%) Deals, Allens, *. Allens,.. 0. *.,... *. Freshfields Bruckhaus Deringer,... * 0. Minter Ellison,... *. 0*,....0 Simpson Grierson *,... *. Gilbert + Tobin,... *. *,... * 0. Bell Gully * 0. King & Spalding *,... * 0. Fenwick & West LLP... * 0. *,... * * 0. *,... * 0. Paul Hastings LLP * * 0. Ashurst,... *. O'Melveny & Myers * * 0. Morgan Lewis & Bockius * 0. Minter Ellison CMS * * 0. Norton Rose Fulbright Stibbe * * 0. Eisenberger & Herzog Rechtsanwalts G..0.0 * 0. Farella, Braun, & Martel * * 0. Debevoise & Plimpton * 0. * 0... * 0. Monassier et Associes * * 0. Corrs Chambers Westgarth *.0.. * 0. * 0* * 0. Gilbert + Tobin *.0.. *. Pinsent Masons * * 0. Gianni Origoni Grippo Cappelli & Partne *... * 0. Gide Loyrette Nouel * * 0. Chiomenti Studio Legal * *... * 0. Chapman Tripp * 0. Thomson Geer *. Ashurst Monassier et Associes 0*... * 0. King & Wood Mallesons * 0. 0* *.. 0. * 0. DLA Piper LLP Pinsent Masons 0*... * 0. Clayton Utz * 0. Gide Loyrette Nouel 0*... * 0. Baker & McKenzie * 0. King & Wood Mallesons... *. Stikeman Elliott. 0.. * 0. Johnson Winter & Slattery * 0., ,,. 00.0,.%.%.0%.%.%.%.% 0.% * tie Australian Cross Border Announced M&A Asia (exjapan) Buyside Financial Sponsor Activity $0 Outbound (US$b) Inbound (US$b) 00% $0 Q Volume (US$b) Q Volume (US$b) % $0 % of Cross Border is Outbound 0% $0 $0 Q Volume (US$b) Q Volume (US$b) % of WW FS Volume YTD 0% $. % 0% Rank Value (US$b) $0 $0 $0 Q0 Q0 Q0 Q0 Q0 Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q 0% 0% 0% 0% Outbound Rank Value (US$b) $00 $0 $0 $0 $0 $0 % $. % % % $.0 0% % % $. $. % $. $. $. $. $. $. $. $. $. $. $. $. $. $.0 $. $. $. $. $. $. $. $.0 $. $.0 $. $.0 $. $. $. $. $. $ % 0% % 0% % of Asia (exjapan) Volume

18 Rank Value (US$b) Deals Japanese M&A Down % High Technology Drives M&A Activity Inbound rises % First Quarter 0 Mergers & Acquisitions s Japan M&A Japan Deals Intelligence Japanese M&A volume in Q 0 registered a.% decrease from Q 0, accruing US$. billion in activity and marking the lowest first quarter volume since 0. Nine Japanese involvement deals were valued at US$ billion or more, with an accumulated value of US$. billion during the quarter, a.% decrease in this market segment compared to the same period last year. The High Technology sector led the Japanese market, with deal volume totaling US$. billion, accounting for a.% market share. Industrials followed closely with US$. billion for a.% share of the market. Healthcare followed in third, accruing US$ billion for a.% market share the third largest Healthcare volume on record. Canon s US$. billion acquisition of Toshiba Medical Systems was the fifth largest Japanese Healthcare involvement deal on record. Japanese inbound activity posted significant gains, accruing US$. billion during the first quarter of a.% increase compared to the first quarter of 0. This is the highest first quarter volume since the US$. billion accumulated in 0. Any Japanese Involvement Advisors by Target Industry Rank Val (US$m) Rank High Technology,00. Telecommunications,.,0.0 *. Gleiss Lutz..,0.0 *. Materials,. Mori Hamada & Matsumoto..0 Freshfields Bruckhaus Deringer,000.0 *. Industrials,.,000.0 *. Mori Hamada & Matsumoto,..,000.0 *. TMI Associates,.. Consumer Staples,. Shearman & Sterling LLP,.. Nishimura & Asahi.0. Healthcare,0. 0 Mori Hamada & Matsumoto.. Mori Hamada & Matsumoto,0.. Media and Entertainment,. Nagashima Ohno & Tsunematsu Real Estate,. Morrison & Foerster 0.0 *. Nagashima Ohno & Tsunematsu,.0. Paul, Weiss 0.0 *. Anderson Mori & Tomotsune.. Mori Hamada & Matsumoto. Mkt. Share. No. Deals Rank Val (US$m) Jan Mar 0 Rank Mkt. Share No. Deals Japanese domestic volume increased.% during the first quarter of 0, compared to the same period in 0, recording US$. billion in value from deals the highest first quarter volume since the US$. billion in 00 and the highest deal count since the deals in 00. Any Japanese involvement completed M&A volume during the first quarter of 0 reached US$. billion from deals. Japanese Involvement Announced M&A Target Industry by Value Jan Mar 0 Any Japanese Involvement Announced M&A $ Q Volume (US$b) Q Volume (US$b) Q Volume (US$b) Q Volume (US$b) Deals Q,00.% $00,000.%.% $ $0 $0. $. $.,00.%.% High Technology Industrials Healthcare Real Estate Telecommunications Materials Consumer Staples Media and Entertainment Financials Retail Consumer Products and Services Energy and Power.0% $ $00 $ $0 $ $0 $. $. $0. $. $0. $. $. $. $. $. $. $. $0. $. $.0 $. $.0 $. $. $0. $. $. $. $. $0. $.0 $. $. $.0 $. $.0 $. $. $ ,000,00, Top Ten Japanese Involvement Announced Deals Rank Date Date Effective Target (% Sought/Acquired) Acquiror Acquiror / Target Nation Rank Value (US$m) Target Macro / Mid Industry //0 Pending Toshiba Medical Systems Corp (00%) Canon Inc Japan, France / Japan,0. Healthcare / Healthcare Equipment & Supplies //0 Pending Sharp Corp (.%) Investor Group Taiwan / Japan,. High Technology / Electronics //0 Pending Daihatsu Motor Co Ltd (.%) Toyota Motor Corp Japan / Japan,. Industrials / Automobiles & Components //0 Pending Dell Systems Corp (00%) NTT Data Corp Japan / United States,0.0 High Technology / IT Consulting & Services //0 //0 NTT DOCOMO Inc (.%) NTT DOCOMO Inc Japan / Japan,0. Telecommunications / Telecommunications Services //0 Pending Alliance Tire Group BV (00%) Yokohama Rubber Co Ltd Japan / Netherlands,.0 Industrials / Automobiles & Components //0 Pending Olam International Ltd (0%) Mitsubishi Corp Japan / Singapore,00. Consumer Staples / Agriculture & Livestock //0 //0 One M LogisticsProperty Portf (00%) LaSalle Logiport Reit Japan / Japan,0. Real Estate / Non Residential //0 Pending Morenci Copper Mining JV (%) Sumitomo Metal Mining Co Ltd Japan / United States,000.0 Materials / Metals & Mining //0 Pending Sharp Corp (.%) Hon Hai Precision Industry Taiwan / Japan. High Technology / Electronics Jan Mar 0