GLOBAL CAPITAL MARKETS

GLOBAL CAPITAL MARKETS LEAGUE TABLES H1 2017

H1 2017 MANAGER RANKINGS GLOBAL CAPITAL MARKETS The Bloomberg Capital Markets Tables represent the top arrangers, bookrunners and advisors across a broad array of deal types including loans, bonds, equity and M&A transactions; according to Bloomberg standards. LEAG<GO> for a full range of league tables MA<GO> for a full range of merger & acquisition tables NI LEAG CRL<GO> or http://www.bloomberg.com/ for a full range of market-specific league table publications Due to the dynamic nature of the Professional Service product, league table rankings may vary between this release and data found on the Bloomberg Professional Service. DATA SUBMISSIONS AND QUERIES Americas EMEA Asia-Pacific Contact Paul Bandong Katy Johnson Hung Truong Phone Email +1 609 279 5187 loansleag@bloomberg.net +44 20 352 50920 europeanloan@bloomberg.net +65 6212 1326 aploans@bloomberg.net 2017 Bloomberg Finance L.P. All rights reserved.

Global Fixed Income Review Corporate & Financial Bonds: Industry Breakdown 25% Corporate & Financial Bonds 6% 53% Firm Mkt Volume (USD Mln) Deal Count Prev Prev Mkt Mkt Share Chg(%) JP Morgan 1 6.264 141,999 915 1 5.806 0.458 Citi 2 5.592 126,769 855 2 5.239 0.353 Bank of America Merrill Lynch 3 5.577 126,413 769 3 5.099 0.478 Morgan Stanley 4 5.120 116,075 765 8 3.560 1.560 Goldman Sachs 5 4.897 110,998 650 5 4.074 0.823 Barclays 6 4.247 96,281 648 7 3.905 0.342 HSBC 7 4.141 93,863 639 6 4.046 0.095 Deutsche Bank 8 3.777 85,618 573 4 4.159-0.382 BNP Paribas 9 2.952 66,926 457 11 2.509 0.443 Credit Suisse 10 2.651 60,088 436 10 2.598 0.053 Wells Fargo 11 2.620 59,387 388 9 2.831-0.211 UBS 12 2.149 48,707 307 12 2.050 0.099 RBC Capital Markets 13 2.003 45,414 344 14 1.910 0.093 Mizuho Financial 14 1.875 42,502 484 16 1.613 0.262 Credit Agricole CIB 15 1.834 41,563 286 13 1.916-0.082 Societe Generale 16 1.572 35,628 282 15 1.755-0.183 Mitsubishi UFJ Financial Group Inc 17 1.338 30,329 245 21 1.118 0.220 TD Securities 18 1.029 23,320 170 24 0.873 0.156 Banco Santander 19 0.944 21,401 185 20 1.200-0.256 Sumitomo Mitsui Financial 20 0.941 21,340 288 25 0.872 0.069 TOTAL 100% 2,266,875 7,885 100% 7% 9% Financials 53% Consumer Discretionary 9% Industrials 7% Utilities 6% Others 25% Corporate & Financial Bonds: Manager ings History Market Share (%) 10 8 6 4 2 0 JP Morgan Citi 2017 2016 2015 Bank of America Merrill Lynch Morgan Stanley Goldman Sachs Barclays Bloomberg League Table Reports Page 1

Corporate Bonds Financial Bonds JP Morgan 1 7.646 83,914 568 1 6.879 0.767 Bank of America Merrill Lynch 2 6.814 74,789 517 2 6.751 0.063 Citi 3 6.448 70,772 516 3 6.104 0.344 Barclays 4 5.436 59,658 429 5 5.008 0.428 Deutsche Bank 5 5.065 55,592 356 4 5.270-0.205 Morgan Stanley 6 5.045 55,373 422 7 3.210 1.835 Goldman Sachs 7 4.901 53,784 375 6 4.358 0.543 HSBC 8 3.547 38,929 282 8 3.180 0.367 BNP Paribas 9 3.531 38,757 278 9 3.059 0.472 Wells Fargo 10 2.933 32,186 249 10 2.877 0.056 Mizuho Financial 11 2.761 30,301 324 11 2.598 0.163 Credit Suisse 12 2.709 29,734 237 13 2.222 0.487 RBC Capital Markets 13 2.319 25,452 206 12 2.310 0.009 Mitsubishi UFJ Financial Group Inc 14 2.205 24,204 196 15 1.774 0.431 Societe Generale 15 1.833 20,120 175 14 1.983-0.150 Credit Agricole CIB 16 1.401 15,381 132 18 1.335 0.066 Sumitomo Mitsui Financial 17 1.328 14,573 193 22 1.229 0.099 TD Securities 18 1.257 13,794 102 28 0.811 0.446 Banco Santander 19 1.196 13,125 117 16 1.478-0.282 UBS 20 1.097 12,036 115 17 1.433-0.336 TOTAL 100% 1,097,500 3,213 100% Syndicated Government Bonds Citi 1 7.948 72,348 289 4 6.595 1.353 JP Morgan 2 7.011 63,824 368 3 7.196-0.185 Barclays 3 6.558 59,697 242 1 9.043-2.485 HSBC 4 6.225 56,672 271 2 7.557-1.332 Bank of America Merrill Lynch 5 4.991 45,435 216 5 4.856 0.135 Deutsche Bank 6 4.972 45,263 216 7 4.771 0.201 Goldman Sachs 7 4.428 40,306 118 6 4.823-0.395 TD Securities 8 4.253 38,718 387 9 3.975 0.278 BNP Paribas 9 4.105 37,371 150 8 4.388-0.283 Nomura 10 3.359 30,582 226 10 3.219 0.140 Morgan Stanley 11 2.709 24,663 284 11 2.990-0.281 UniCredit 12 2.580 23,483 70 14 2.080 0.500 RBC Capital Markets 13 2.445 22,257 163 15 1.708 0.737 Credit Agricole CIB 14 2.334 21,249 100 12 2.433-0.099 Societe Generale 15 2.328 21,197 81 13 2.349-0.021 BMO Capital Markets 16 1.609 14,645 57 19 1.394 0.215 Commerzbank 17 1.519 13,829 56 25 1.074 0.445 NatWest Markets 18 1.406 12,804 58 - - 1.406 Wells Fargo 19 1.322 12,033 199 16 1.626-0.304 Natixis 20 1.237 11,259 46 22 1.251-0.014 TOTAL 100% 910,329 3,591 100% Morgan Stanley 1 5.191 60,703 343 4 3.888 1.303 JP Morgan 2 4.967 58,085 347 2 4.799 0.168 Goldman Sachs 3 4.893 57,214 275 5 3.808 1.085 Citi 4 4.789 55,996 339 3 4.427 0.362 HSBC 5 4.698 54,934 357 1 4.859-0.161 Bank of America Merrill Lynch 6 4.415 51,624 252 6 3.549 0.866 UBS 7 3.136 36,672 192 11 2.629 0.507 Barclays 8 3.132 36,623 219 9 2.870 0.262 Credit Suisse 9 2.596 30,354 199 8 2.951-0.355 Deutsche Bank 10 2.568 30,026 217 7 3.116-0.548 BNP Paribas 11 2.409 28,168 179 13 1.993 0.416 Wells Fargo 12 2.326 27,201 139 10 2.788-0.462 Credit Agricole CIB 13 2.239 26,182 154 12 2.462-0.223 RBC Capital Markets 14 1.707 19,962 138 17 1.536 0.171 Societe Generale 15 1.326 15,508 107 16 1.541-0.215 CITIC Securities Co Ltd 16 1.087 12,714 49 19 1.416-0.329 Mizuho Financial 17 1.043 12,202 160 36 0.688 0.355 Standard Chartered Bank 18 0.979 11,443 123 34 0.693 0.286 UniCredit 19 0.967 11,309 92 21 1.096-0.129 NatWest Markets 20 0.953 11,146 58 - - 0.953 TOTAL 100% 1,169,374 4,672 100% International Bonds JP Morgan 1 8.032 183,133 1,107 1 8.043-0.011 Citi 2 7.107 162,054 910 3 6.721 0.386 Bank of America Merrill Lynch 3 6.315 143,994 766 5 6.264 0.051 HSBC 4 6.193 141,194 810 4 6.690-0.497 Barclays 5 6.096 139,004 746 2 6.908-0.812 Goldman Sachs 6 5.504 125,491 613 6 5.468 0.036 Deutsche Bank 7 5.173 117,947 667 7 5.300-0.127 BNP Paribas 8 4.342 99,008 561 8 4.241 0.101 Morgan Stanley 9 4.319 98,476 511 9 3.693 0.626 Credit Agricole CIB 10 2.610 59,502 362 10 2.876-0.266 Societe Generale 11 2.416 55,076 347 11 2.693-0.277 Credit Suisse 12 2.325 53,007 381 12 2.559-0.234 RBC Capital Markets 13 1.932 44,048 289 16 1.884 0.048 UniCredit 14 1.912 43,601 224 14 2.014-0.102 UBS 15 1.858 42,374 235 15 1.966-0.108 Wells Fargo 16 1.837 41,886 296 13 2.221-0.384 TD Securities 17 1.606 36,619 202 17 1.598 0.008 NatWest Markets 18 1.410 32,159 173 - - 1.410 Commerzbank 19 1.356 30,924 204 23 1.246 0.110 Mizuho Financial 20 1.323 30,159 283 19 1.518-0.195 TOTAL 100% 2,280,070 5,438 100% Bloomberg League Table Reports Page 2

Corporate High Yield Bonds Global Bonds JP Morgan 1 8.411 24,458 216 5 6.134 2.277 Bank of America Merrill Lynch 2 6.547 19,036 177 1 7.023-0.476 Barclays 3 6.508 18,924 145 6 5.557 0.951 Goldman Sachs 4 6.497 18,890 155 2 6.723-0.226 Morgan Stanley 5 6.259 18,199 132 11 3.179 3.080 Credit Suisse 6 6.134 17,836 140 8 4.374 1.760 Citi 7 5.992 17,425 173 3 6.651-0.659 Deutsche Bank 8 4.675 13,593 135 4 6.619-1.944 Wells Fargo 9 2.998 8,716 88 12 2.834 0.164 HSBC 10 2.768 8,048 88 14 2.221 0.547 RBC Capital Markets 11 2.613 7,597 79 15 2.086 0.527 UBS 12 2.057 5,983 58 13 2.494-0.437 BNP Paribas 13 1.810 5,263 52 17 1.733 0.077 CITIC Securities Co Ltd 14 1.763 5,125 9 9 3.543-1.780 Jefferies 15 1.688 4,909 26 28 0.766 0.922 Societe Generale 16 1.434 4,169 49 24 0.934 0.500 Credit Agricole CIB 17 1.305 3,795 41 16 1.800-0.495 Haitong Securities Co Ltd 18 1.229 3,574 32 20 1.253-0.024 BMO Capital Markets 19 1.225 3,562 33 33 0.501 0.724 SunTrust Robinson Humphrey 20 1.010 2,936 32 22 1.174-0.164 TOTAL 100% 290,773 741 100% JP Morgan 1 11.745 72,003 325 1 11.415 0.330 Bank of America Merrill Lynch 2 9.707 59,509 271 2 9.553 0.154 Citi 3 9.436 57,845 257 3 8.717 0.719 Goldman Sachs 4 8.427 51,661 198 6 6.491 1.936 Barclays 5 7.529 46,158 206 4 8.608-1.079 Morgan Stanley 6 7.218 44,251 174 7 6.075 1.143 Deutsche Bank 7 4.910 30,103 141 8 4.892 0.018 HSBC 8 4.888 29,966 94 5 6.550-1.662 Wells Fargo 9 4.358 26,719 169 9 4.843-0.485 TD Securities 10 3.870 23,723 81 11 3.382 0.488 RBC Capital Markets 11 3.192 19,566 91 12 3.143 0.049 BNP Paribas 12 2.200 13,488 98 10 3.687-1.487 Mitsubishi UFJ Financial Group Inc 13 2.047 12,547 76 14 1.701 0.346 Nomura 14 1.869 11,457 28 15 1.663 0.206 Mizuho Financial 15 1.769 10,848 82 13 2.489-0.720 Credit Suisse 16 1.585 9,715 70 16 1.389 0.196 BMO Capital Markets 17 1.514 9,279 22 20 1.039 0.475 US Bancorp 18 1.268 7,775 54 21 1.028 0.240 Scotiabank 19 0.934 5,728 27 19 1.048-0.114 Commerzbank 20 0.749 4,589 24 33 0.361 0.388 TOTAL 100% 613,039 823 100% Bloomberg League Table Reports Page 3

US Municipals Review Municipal Industry Distribution 20% 3 US Municipal Long Term Firm Mkt Volume (USD Mln) Deal Count Prev Prev Mkt Mkt Share Chg(%) Bank of America Merrill Lynch 1 14.203 26,480 237 1 15.895-1.692 Citi 2 12.794 23,855 220 2 13.126-0.332 JP Morgan 3 9.226 17,202 144 3 10.110-0.884 Morgan Stanley 4 8.084 15,073 144 4 6.862 1.222 RBC Capital Markets 5 7.514 14,010 256 6 5.100 2.414 Wells Fargo 6 5.614 10,466 104 5 6.582-0.968 Goldman Sachs 7 5.256 9,799 33 11 2.966 2.290 Stifel 8 4.883 9,104 393 7 4.426 0.457 Piper Jaffray & Co 9 3.785 7,056 210 9 3.758 0.027 Barclays 10 3.320 6,190 38 10 3.347-0.027 Raymond James & Associates 11 3.306 6,164 274 8 4.212-0.906 Jefferies 12 2.537 4,730 29 16 1.088 1.449 Robert W Baird & Co 13 2.531 4,719 386 12 2.924-0.393 Siebert Cisneros Shank & Co LLC 14 1.406 2,622 14 27 0.547 0.859 Samuel A Ramirez & Co Inc 15 1.218 2,271 7 13 1.943-0.725 Loop Capital Markets LLC 16 1.203 2,243 4 15 1.132 0.071 DA Davidson 17 1.177 2,195 169 17 0.980 0.197 PNC Financial Services Group Inc 18 0.885 1,650 75 14 1.365-0.480 Ziegler Cos Inc/The 19 0.769 1,434 21 18 0.815-0.046 George K Baum & Co 20 0.748 1,394 59 26 0.623 0.125 TOTAL 100% 186,447 4,420 100% Market Share (%) 20 15 10 5 0 Bank of America Merrill Lynch 1 7% 9% General Obligation 20% School District 1 Higher Education 9% Hospital Water & Sewer 7% Others 3 Market Share Change 2017 2016 2015 Citi JP Morgan Morgan Stanley RBC Capital Markets Wells Fargo This table consists of all long-term issuance (fixed rate & adjustable rate) for the US Municipal Market in US Dollars. Remarketed deals and private placements are not included. Bloomberg League Table Reports Page 4

US Municipal Long Term Negotiated US Municipal Long Term Competitive Citi 1 12.857 18,324 125 2 12.791 0.066 Bank of America Merrill Lynch 2 11.313 16,123 109 1 13.934-2.621 RBC Capital Markets 3 9.564 13,631 239 4 6.575 2.989 JP Morgan 4 8.786 12,521 78 3 9.383-0.597 Morgan Stanley 5 7.391 10,534 70 5 6.550 0.841 Goldman Sachs 6 6.849 9,761 32 11 3.845 3.004 Stifel 7 6.197 8,832 354 7 5.598 0.599 Wells Fargo 8 4.458 6,354 47 6 6.145-1.687 Piper Jaffray & Co 9 4.304 6,134 151 8 4.269 0.035 Barclays 10 4.286 6,109 37 10 4.016 0.270 Raymond James & Associates 11 3.587 5,113 177 9 4.260-0.673 Jefferies 12 3.010 4,290 19 17 1.087 1.923 Siebert Cisneros Shank & Co LLC 13 1.840 2,622 14 23 0.723 1.117 Samuel A Ramirez & Co Inc 14 1.593 2,270 6 12 2.566-0.973 Loop Capital Markets LLC 15 1.574 2,243 4 13 1.496 0.078 DA Davidson 16 1.474 2,101 151 15 1.267 0.207 Ziegler Cos Inc/The 17 1.006 1,434 21 18 1.077-0.071 George K Baum & Co 18 0.978 1,394 59 21 0.802 0.176 Robert W Baird & Co 19 0.825 1,176 117 16 1.228-0.403 PNC Financial Services Group Inc 20 0.498 709 45 14 1.343-0.845 TOTAL 100% 142,520 2,630 100% US Municipal Long Term Fixed Rate Bank of America Merrill Lynch 1 14.289 25,673 232 1 15.829-1.540 Citi 2 12.651 22,730 209 2 13.276-0.625 JP Morgan 3 9.002 16,174 138 3 9.929-0.927 Morgan Stanley 4 8.171 14,681 140 4 6.816 1.355 RBC Capital Markets 5 7.047 12,661 249 6 4.919 2.128 Wells Fargo 6 5.762 10,352 103 5 6.684-0.922 Goldman Sachs 7 5.369 9,647 33 12 3.025 2.344 Stifel 8 4.980 8,947 384 7 4.497 0.483 Piper Jaffray & Co 9 3.916 7,036 209 9 3.824 0.092 Raymond James & Associates 10 3.406 6,120 271 8 4.331-0.925 Barclays 11 2.983 5,360 33 10 3.093-0.110 Robert W Baird & Co 12 2.627 4,719 386 11 3.042-0.415 Jefferies 13 2.454 4,408 28 16 1.107 1.347 Siebert Cisneros Shank & Co LLC 14 1.459 2,622 14 27 0.569 0.890 Samuel A Ramirez & Co Inc 15 1.264 2,271 7 13 2.022-0.758 Loop Capital Markets LLC 16 1.248 2,243 4 15 1.160 0.088 DA Davidson 17 1.219 2,189 169 17 1.019 0.200 PNC Financial Services Group Inc 18 0.918 1,650 75 14 1.328-0.410 Ziegler Cos Inc/The 19 0.798 1,434 21 22 0.771 0.027 George K Baum & Co 20 0.765 1,375 58 26 0.638 0.127 TOTAL 100% 179,666 4,347 100% Bank of America Merrill Lynch 1 23.578 10,357 128 1 22.007 1.571 Citi 2 12.589 5,530 95 2 14.168-1.579 JP Morgan 3 10.655 4,681 66 3 12.375-1.720 Morgan Stanley 4 10.333 4,539 74 6 7.835 2.498 Wells Fargo 5 9.362 4,113 57 5 7.947 1.415 Robert W Baird & Co 6 8.067 3,544 269 4 8.214-0.147 Raymond James & Associates 7 2.393 1,051 97 7 4.063-1.670 PNC Financial Services Group Inc 8 2.142 941 30 12 1.432 0.710 Piper Jaffray & Co 9 2.099 922 59 9 2.165-0.066 Janney Montgomery Scott LLC 10 1.832 805 67 11 1.620 0.212 Roosevelt & Cross Inc 11 1.816 798 115 13 1.385 0.431 FTN Financial 12 1.736 762 88 10 1.698 0.038 Hutchinson Shockey Erley & Co 13 1.565 687 48 8 2.372-0.807 Mesirow Financial Inc 14 1.382 607 12 15 1.229 0.153 Jefferies 15 1.003 440 10 17 1.090-0.087 Fidelity Capital Markets 16 0.912 400 33 16 1.099-0.187 RBC Capital Markets 17 0.863 379 18 24 0.505 0.358 UBS 18 0.834 366 32 20 0.709 0.125 Stifel 19 0.620 272 39 19 0.771-0.151 Northland Securities Group LLC 20 0.611 268 55 33 0.172 0.439 TOTAL 100% 43,927 1,794 100% US Municipal Long & Short Term Bank of America Merrill Lynch 1 14.243 28,474 246 1 15.171-0.928 Citi 2 12.511 25,012 230 2 12.389 0.122 JP Morgan 3 10.004 20,001 221 3 10.306-0.302 Morgan Stanley 4 7.962 15,918 159 4 7.633 0.329 RBC Capital Markets 5 7.332 14,657 267 6 4.887 2.445 Wells Fargo 6 5.653 11,302 112 5 6.765-1.112 Goldman Sachs 7 4.926 9,849 35 11 2.951 1.975 Stifel 8 4.621 9,239 413 7 4.365 0.256 Piper Jaffray & Co 9 3.638 7,273 220 9 3.851-0.213 Jefferies 10 3.281 6,560 217 14 1.572 1.709 Raymond James & Associates 11 3.129 6,257 278 8 4.035-0.906 Barclays 12 3.123 6,244 40 10 3.155-0.032 Robert W Baird & Co 13 2.372 4,742 388 12 2.870-0.498 Siebert Cisneros Shank & Co LLC 14 1.311 2,622 14 28 0.514 0.797 Samuel A Ramirez & Co Inc 15 1.157 2,313 8 13 1.856-0.699 Loop Capital Markets LLC 16 1.122 2,243 4 16 1.065 0.057 DA Davidson 17 1.100 2,200 174 17 0.921 0.179 PNC Financial Services Group Inc 18 0.884 1,768 81 15 1.391-0.507 Ziegler Cos Inc/The 19 0.717 1,434 21 22 0.767-0.050 George K Baum & Co 20 0.698 1,395 60 27 0.586 0.112 TOTAL 100% 199,921 5,100 100% Bloomberg League Table Reports Page 5

Global Equity Review Global Equity, Equity Linked & Rights: Industry Breakdown 5% 7% 35% Global Equity, Equity Linked & Rights Firm Mkt Volume (USD Mln) Deal Count Prev Prev Mkt Mkt Share Chg(%) JP Morgan 1 8.549 31,815 217 1 9.377-0.828 Morgan Stanley 2 8.048 29,948 224 2 8.080-0.032 Goldman Sachs 3 7.420 27,612 170 3 7.375 0.045 Citi 4 7.074 26,326 203 4 6.198 0.876 Bank of America Merrill Lynch 5 6.462 24,046 176 5 6.040 0.422 UBS 6 4.562 16,975 112 8 3.954 0.608 Barclays 7 4.220 15,705 118 9 3.945 0.275 Credit Suisse 8 3.882 14,447 140 6 5.271-1.389 Deutsche Bank 9 3.830 14,251 118 7 5.001-1.171 RBC Capital Markets 10 2.417 8,995 88 10 2.714-0.297 Wells Fargo 11 1.951 7,262 80 15 1.494 0.457 BNP Paribas 12 1.946 7,243 60 13 1.639 0.307 Societe Generale 13 1.381 5,137 37 22 0.825 0.556 Jefferies 14 1.377 5,123 68 17 1.160 0.217 HSBC 15 1.200 4,466 31 19 0.988 0.212 BMO Capital Markets 16 1.166 4,338 59 14 1.511-0.345 Nomura 17 0.990 3,683 49 12 1.691-0.701 Mizuho Financial 18 0.912 3,393 33 20 0.977-0.065 Sumitomo Mitsui Financial 19 0.844 3,142 34 29 0.547 0.297 Banco Santander 20 0.819 3,048 22 33 0.425 0.394 TOTAL 100% 372,123 2,351 100% Financials 35% Consumer Discretionary 11% Industrials 10% Technology Health Care Energy Materials 7% Communications 5% Others 10% Global Equity, Equity Linked & Rights: Manager ings History Market Share (%) 10 8 6 4 2 11% 2017 2016 2015 This table consists of equity, equity-linked & rights offerings issued globally. This excludes bonds with warrants, closed-end fund or investment trust issuers, credit linked notes, qualified investor placements (QIP), reverse convertibles and self-led transactions. The thresholds include 12 month minimum call, put & maturity periods. Please see League Table Standards and Guidelines for further details. 0 JP Morgan Morgan Stanley Goldman Sachs Citi Bank of America Merrill Lynch UBS Bloomberg League Table Reports Page 6

Global Equity & Equity Linked Global Equity Offerings JP Morgan 1 8.833 29,020 206 1 9.824-0.991 Morgan Stanley 2 8.471 27,833 217 2 8.671-0.200 Goldman Sachs 3 7.676 25,219 161 3 7.508 0.168 Citi 4 7.414 24,359 196 4 6.416 0.998 Bank of America Merrill Lynch 5 6.613 21,728 169 5 6.022 0.591 UBS 6 4.330 14,225 104 8 4.001 0.329 Barclays 7 4.240 13,931 113 9 3.937 0.303 Deutsche Bank 8 3.808 12,511 111 7 5.069-1.261 Credit Suisse 9 3.797 12,476 134 6 5.509-1.712 RBC Capital Markets 10 2.523 8,289 86 10 2.972-0.449 Wells Fargo 11 2.210 7,262 80 14 1.636 0.574 BNP Paribas 12 1.606 5,275 48 15 1.569 0.037 Jefferies 13 1.405 4,616 66 18 1.081 0.324 BMO Capital Markets 14 1.320 4,338 59 13 1.655-0.335 Nomura 15 1.121 3,683 49 12 1.827-0.706 Societe Generale 16 1.038 3,411 30 22 0.750 0.288 Mizuho Financial 17 1.033 3,393 33 19 1.070-0.037 Sumitomo Mitsui Financial 18 0.956 3,142 34 24 0.599 0.357 TD Securities 19 0.894 2,938 32 11 1.932-1.038 HSBC 20 0.736 2,417 23 20 0.916-0.180 TOTAL 100% 328,557 2,225 100% Global Equity IPO Citi 1 7.060 6,323 61 3 6.274 0.786 JP Morgan 2 6.180 5,535 47 2 6.626-0.446 Deutsche Bank 3 5.302 4,748 39 5 4.240 1.062 Morgan Stanley 4 5.199 4,656 46 1 6.683-1.484 Goldman Sachs 5 5.043 4,516 37 4 5.019 0.024 Credit Suisse 6 4.935 4,420 43 7 2.701 2.234 Bank of America Merrill Lynch 7 2.886 2,585 30 6 3.844-0.958 Barclays 8 2.872 2,572 26 9 2.162 0.710 UBS 9 2.636 2,361 18 8 2.643-0.007 RBC Capital Markets 10 2.009 1,800 20 32 0.856 1.153 GF Securities 11 1.901 1,703 24 27 1.022 0.879 Haitong Securities Co Ltd 12 1.202 1,077 24 14 1.461-0.259 China Merchants Securities 13 1.184 1,060 14 31 0.873 0.311 China International Capital Corp 14 1.180 1,057 12 36 0.742 0.438 CITIC Securities Co Ltd 15 1.175 1,052 17 15 1.417-0.242 Guosen Securities Co Ltd 16 1.174 1,051 15 50 0.456 0.718 Jefferies 17 1.074 962 21 22 1.118-0.044 Nomura 18 1.071 959 21 16 1.416-0.345 China Securities Co Ltd 19 1.061 950 12 20 1.162-0.101 Guotai Junan Securities Co Ltd 20 1.035 927 14 24 1.078-0.043 TOTAL 100% 89,560 781 100% Morgan Stanley 1 8.234 23,103 185 3 7.318 0.916 Citi 2 7.877 22,103 175 4 6.678 1.199 JP Morgan 3 7.752 21,752 173 1 9.270-1.518 Goldman Sachs 4 7.601 21,328 142 2 7.632-0.031 Bank of America Merrill Lynch 5 6.844 19,205 145 5 6.410 0.434 UBS 6 4.504 12,638 94 8 4.458 0.046 Barclays 7 4.308 12,087 100 7 4.473-0.165 Credit Suisse 8 4.033 11,316 124 6 6.307-2.274 Deutsche Bank 9 3.722 10,443 97 9 3.900-0.178 RBC Capital Markets 10 2.672 7,499 76 10 3.279-0.607 Wells Fargo 11 1.811 5,080 67 13 1.842-0.031 Jefferies 12 1.330 3,733 60 15 1.238 0.092 BMO Capital Markets 13 1.192 3,346 49 12 1.949-0.757 BNP Paribas 14 1.170 3,283 33 24 0.636 0.534 Sumitomo Mitsui Financial 15 1.103 3,094 32 25 0.563 0.540 TD Securities 16 1.022 2,869 27 11 2.269-1.247 Nomura 17 0.937 2,628 45 18 0.870 0.067 Mizuho Financial 18 0.904 2,536 28 21 0.813 0.091 Societe Generale 19 0.805 2,259 20 23 0.664 0.141 Stifel 20 0.767 2,152 49 35 0.412 0.355 TOTAL 100% 280,591 2,040 100% Global Equity Linked JP Morgan 1 15.152 7,268 33 2 12.601 2.551 Morgan Stanley 2 9.860 4,730 32 1 15.460-5.600 Goldman Sachs 3 8.112 3,891 19 4 6.889 1.223 Bank of America Merrill Lynch 4 5.261 2,524 24 8 4.074 1.187 Citi 5 4.704 2,257 21 7 5.100-0.396 Wells Fargo 6 4.547 2,181 13 25 0.608 3.939 Deutsche Bank 7 4.311 2,068 14 3 10.935-6.624 BNP Paribas 8 4.153 1,992 15 6 6.251-2.098 Barclays 9 3.845 1,844 13 15 1.250 2.595 UBS 10 3.309 1,587 10 11 1.712 1.597 Credit Suisse 11 2.417 1,159 10 12 1.503 0.914 Societe Generale 12 2.402 1,152 10 17 1.184 1.218 Nomura 13 2.200 1,055 4 5 6.628-4.428 BMO Capital Markets 14 2.069 992 10 49 0.181 1.888 China International Capital Corp 15 2.033 975 3 16 1.187 0.846 Jefferies 16 1.842 884 6 40 0.293 1.549 HSBC 17 1.797 862 8 14 1.421 0.376 Mizuho Financial 18 1.788 858 5 9 2.360-0.572 RBC Capital Markets 19 1.648 790 10 13 1.428 0.220 Everbright Securities Co 20 1.511 725 1 - - 1.511 TOTAL 100% 47,966 185 100% Bloomberg League Table Reports Page 7

Global Loans Review Global Loans: Industry Breakdown 5% 6% 1 Global Loans 16% Firm Mkt Volume (USD Mln) Deal Count Prev Prev Mkt Mkt Share Chg(%) Bank of America Merrill Lynch 1 9.506 179,977 686 2 9.285 0.221 JP Morgan 2 8.777 166,165 628 1 9.721-0.944 Citi 3 5.448 103,147 390 3 6.505-1.057 Wells Fargo 4 5.048 95,566 453 4 5.610-0.562 Barclays 5 4.395 83,214 340 5 3.600 0.795 Deutsche Bank 6 4.364 82,620 316 6 3.481 0.883 Goldman Sachs 7 3.834 72,586 297 12 2.251 1.583 Credit Suisse 8 3.548 67,166 283 15 1.976 1.572 HSBC 9 3.268 61,867 238 7 3.230 0.038 RBC Capital Markets 10 3.176 60,120 264 11 2.405 0.771 Morgan Stanley 11 2.858 54,112 226 13 2.099 0.759 BNP Paribas 12 2.697 51,055 237 10 2.586 0.111 Mitsubishi UFJ Financial Group Inc 13 2.112 39,993 206 8 3.069-0.957 Scotiabank 14 1.768 33,472 124 20 1.370 0.398 Credit Agricole CIB 15 1.643 31,099 163 17 1.551 0.092 TD Securities 16 1.637 30,990 113 18 1.450 0.187 Bank of China 17 1.600 30,296 153 9 2.657-1.057 Mizuho Financial 18 1.558 29,495 134 14 2.048-0.490 BMO Capital Markets 19 1.504 28,475 192 16 1.631-0.127 Societe Generale 20 1.363 25,806 140 24 1.229 0.134 TOTAL 100% 1,893,248 3,068 100% Market Share (%) 10% 9% 11% Financials 1 Consumer Discretionary 16% Industrials 11% Consumer Staples 10% Energy 9% Materials Communications Technology Health Care 6% Utilities 5% Others 1% Global Loans: Bookrunner ings History 2017 2016 2015 10 8 6 4 This table consists of loans syndicated globally. This excludes bilateral loans. There is a minimum threshold of 3 months for maturities. Please see League Table Standards and Guidelines for further details. 2 0 Bank of America Merrill Lynch JP Morgan Citi Wells Fargo Barclays Deutsche Bank Bloomberg League Table Reports Page 8

Global Loans (Bookrunner) Global Loans (Mandated Lead Arranger) Bank of America Merrill Lynch 1 9.506 179,977 686 2 9.285 0.221 JP Morgan 2 8.777 166,165 628 1 9.721-0.944 Citi 3 5.448 103,147 390 3 6.505-1.057 Wells Fargo 4 5.048 95,566 453 4 5.610-0.562 Barclays 5 4.395 83,214 340 5 3.600 0.795 Deutsche Bank 6 4.364 82,620 316 6 3.481 0.883 Goldman Sachs 7 3.834 72,586 297 12 2.251 1.583 Credit Suisse 8 3.548 67,166 283 15 1.976 1.572 HSBC 9 3.268 61,867 238 7 3.230 0.038 RBC Capital Markets 10 3.176 60,120 264 11 2.405 0.771 Morgan Stanley 11 2.858 54,112 226 13 2.099 0.759 BNP Paribas 12 2.697 51,055 237 10 2.586 0.111 Mitsubishi UFJ Financial Group Inc 13 2.112 39,993 206 8 3.069-0.957 Scotiabank 14 1.768 33,472 124 20 1.370 0.398 Credit Agricole CIB 15 1.643 31,099 163 17 1.551 0.092 TD Securities 16 1.637 30,990 113 18 1.450 0.187 Bank of China 17 1.600 30,296 153 9 2.657-1.057 Mizuho Financial 18 1.558 29,495 134 14 2.048-0.490 BMO Capital Markets 19 1.504 28,475 192 16 1.631-0.127 Societe Generale 20 1.363 25,806 140 24 1.229 0.134 TOTAL 100% 1,893,248 3,068 100% Global Sponsor-Led Loans (Bookrunner) Goldman Sachs 1 8.033 35,966 154 3 6.198 1.835 Credit Suisse 2 7.527 33,700 149 4 6.135 1.392 Barclays 3 7.189 32,187 145 1 7.147 0.042 Bank of America Merrill Lynch 4 6.901 30,900 160 2 6.572 0.329 Morgan Stanley 5 6.241 27,945 118 7 4.712 1.529 Deutsche Bank 6 5.825 26,082 129 6 5.503 0.322 JP Morgan 7 5.590 25,031 130 8 3.861 1.729 Citi 8 5.069 22,696 92 5 5.886-0.817 Jefferies 9 4.181 18,719 89 13 2.756 1.425 RBC Capital Markets 10 4.136 18,520 101 12 2.891 1.245 Kohlberg Kravis Roberts & Co 11 3.181 14,242 35 50 0.229 2.952 Wells Fargo 12 3.048 13,647 74 9 3.444-0.396 Nomura 13 2.945 13,187 47 18 1.690 1.255 UBS 14 2.463 11,029 55 10 3.380-0.917 Macquarie 15 2.236 10,010 63 17 1.699 0.537 SunTrust Robinson Humphrey 16 1.960 8,774 67 22 1.397 0.563 HSBC 17 1.820 8,151 47 15 2.270-0.450 Antares Capital LP 18 1.659 7,429 78 14 2.607-0.948 BNP Paribas 19 1.577 7,060 46 11 3.159-1.582 BMO Capital Markets 20 1.480 6,626 68 16 2.067-0.587 TOTAL 100% 447,742 766 100% JP Morgan 1 8.175 168,089 661 1 9.442-1.267 Bank of America Merrill Lynch 2 7.928 163,001 735 2 8.242-0.314 Citi 3 5.397 110,972 448 3 5.963-0.566 Wells Fargo 4 4.596 94,503 471 4 4.856-0.260 Barclays 5 4.191 86,171 375 7 2.999 1.192 Deutsche Bank 6 3.670 75,450 353 6 3.210 0.460 Goldman Sachs 7 3.518 72,324 305 13 2.088 1.430 RBC Capital Markets 8 3.129 64,331 289 12 2.169 0.960 Credit Suisse 9 3.122 64,188 298 14 1.638 1.484 HSBC 10 3.020 62,101 365 8 2.934 0.086 Morgan Stanley 11 2.739 56,323 234 16 1.609 1.130 BNP Paribas 12 2.635 54,181 350 10 2.672-0.037 Mitsubishi UFJ Financial Group Inc 13 2.488 51,163 286 5 3.310-0.822 Bank of China 14 1.915 39,369 247 9 2.839-0.924 Mizuho Financial 15 1.821 37,434 195 11 2.217-0.396 Scotiabank 16 1.615 33,207 136 20 1.352 0.263 BMO Capital Markets 17 1.561 32,085 226 18 1.454 0.107 Credit Agricole CIB 18 1.552 31,914 240 17 1.609-0.057 TD Securities 19 1.348 27,716 127 21 1.308 0.040 Sumitomo Mitsui Financial 20 1.329 27,330 180 15 1.620-0.291 TOTAL 100% 2,056,040 3,495 100% Global Sponsor-Led Loans (Mandated Lead Arranger) Goldman Sachs 1 7.582 34,517 153 3 5.852 1.730 Barclays 2 7.130 32,458 143 1 6.634 0.496 Credit Suisse 3 7.047 32,084 151 4 5.654 1.393 Bank of America Merrill Lynch 4 6.312 28,737 160 2 6.456-0.144 Morgan Stanley 5 6.151 28,001 120 7 4.645 1.506 JP Morgan 6 5.855 26,657 133 8 3.838 2.017 Deutsche Bank 7 5.681 25,863 136 5 5.231 0.450 Citi 8 4.919 22,395 92 6 5.104-0.185 RBC Capital Markets 9 4.489 20,438 102 11 2.890 1.599 Jefferies 10 3.961 18,033 89 12 2.826 1.135 Kohlberg Kravis Roberts & Co 11 3.162 14,395 35 51 0.220 2.942 Wells Fargo 12 2.899 13,196 77 9 3.614-0.715 Nomura 13 2.854 12,992 47 19 1.606 1.248 UBS 14 2.402 10,934 53 10 3.445-1.043 Macquarie 15 2.133 9,708 62 18 1.645 0.488 SunTrust Robinson Humphrey 16 1.975 8,991 69 21 1.409 0.566 BMO Capital Markets 17 1.776 8,087 84 15 2.321-0.545 BNP Paribas 18 1.760 8,011 54 13 2.647-0.887 Antares Capital LP 19 1.724 7,849 87 14 2.633-0.909 HSBC 20 1.483 6,753 49 16 2.109-0.626 TOTAL 100% 455,251 800 100% Bloomberg League Table Reports Page 9

Global Bridge Loans (Bookrunner) Global Bridge Loans (Mandated Lead Arranger) HSBC 1 12.960 12,332 13 7 5.984 6.976 Bank of America Merrill Lynch 2 11.541 10,982 7 2 11.970-0.429 Deutsche Bank 3 6.819 6,489 8 5 9.038-2.219 BNP Paribas 4 6.752 6,425 9 18 0.777 5.975 JP Morgan 5 5.842 5,559 11 11 3.746 2.096 TD Securities 6 4.732 4,503 3 12 2.447 2.285 Credit Suisse 7 4.395 4,182 3 10 4.368 0.027 Credit Agricole CIB 8 4.383 4,171 5 16 1.131 3.252 UniCredit 9 4.065 3,868 7 8 5.012-0.947 Societe Generale 10 3.743 3,562 5 19 0.622 3.121 Intesa Sanpaolo 11 2.958 2,815 2 27 0.139 2.819 Citi 12 2.136 2,033 5 3 10.656-8.520 Commerzbank 13 2.009 1,912 6 26 0.215 1.794 RBC Capital Markets 14 1.802 1,714 5 14 2.085-0.283 ING Groep 15 1.785 1,698 3 42 0.008 1.777 Barclays 16 1.626 1,547 4 1 13.011-11.385 Mizuho Financial 17 1.532 1,458 2 24 0.309 1.223 Natixis 18 1.507 1,434 2 17 0.801 0.706 Bank of China 19 1.425 1,356 3 22 0.349 1.076 Scotiabank 20 1.329 1,265 3 30 0.072 1.257 TOTAL 100% 95,157 51 100% HSBC 1 10.518 10,584 20 9 2.710 7.808 JP Morgan 2 7.565 7,612 16 6 3.529 4.036 Bank of America Merrill Lynch 3 4.750 4,780 11 1 11.718-6.968 BNP Paribas 4 4.227 4,254 13 15 2.151 2.076 Mitsubishi UFJ Financial Group Inc 5 3.917 3,942 10 5 4.354-0.437 Commerzbank 6 3.664 3,687 10 13 2.282 1.382 ING Groep 7 3.615 3,638 9 29 1.131 2.484 Societe Generale 8 3.597 3,619 9 34 0.529 3.068 Citi 9 3.260 3,281 9 2 9.405-6.145 RBC Capital Markets 10 2.931 2,949 7 7 3.096-0.165 Banco Santander 11 2.847 2,865 9 10 2.696 0.151 Credit Agricole CIB 12 2.781 2,799 11 22 1.681 1.100 Sumitomo Mitsui Financial 13 2.760 2,777 8 18 1.933 0.827 Scotiabank 14 2.551 2,567 6 31 0.991 1.560 Deutsche Bank 15 2.549 2,565 9 3 9.147-6.598 UniCredit 16 2.531 2,547 9 19 1.845 0.686 Mizuho Financial 17 2.348 2,362 6 12 2.369-0.021 Barclays 18 2.338 2,353 7 8 2.861-0.523 Banco Bilbao Vizcaya Argentaria 19 2.214 2,228 3 50 0.135 2.079 Bank of China 20 2.186 2,200 7 11 2.465-0.279 TOTAL 100% 100,630 68 100% Bloomberg League Table Reports Page 10

League Tables Criteria General Guidelines Credit is based on the total amount of the offering sold to the public. Full credit is awarded to the sole bookrunning manager or split equally among joint bookrunning managers; unless full, explicit breakdown of bookrunning is provided by an involved party. Regional and local tables are identified based on factors such as currency, market of issuer and/or country of risk/incorporation. Fixed Income All transactions must have a maturity/call/put option of minimum 18 months. Make-whole call and provisional call/put are exempted from this rule. Note: Criteria may vary for some local and/or regional tables. USD denominated 144A/REG S issues are credited 100% to the 144A tranche and 0% to the REG S tranche. Non-USD denominated 144A/REG S issues are credited 100% to the REG S tranche and 0% to the 144A tranche. Selfled transactions are included. New money portions of exchange offers are eligible for credit. Exclusions: Accredited investor tranches, asset-backed issues, auction note agencies, collateralized bond obligations, collateralized loan obligations, commercial paper, municipal bonds, mortgage-backed issues, remarketed issues, repackaged bonds, government borrowing scheme retained bonds, variable principal redemption issues, variable interest equity-linked issues, and credit linked notes, selling group agency issues, strips, units, warrants, self-led under USD 50 million. Note: Criteria may vary for some local and/or regional tables. Equities-Linked Equity-linked transactions: Convertible bonds, convertible preferred stock and exchangeable bonds. Only issues that mature and are callable/ puttable in 12 months or longer are included. Make-whole call, provisional call and provisional put are exempted from this rule. Convertible bonds with attached warrants are included. These are defined as synthetic convertibles with the combination of a fixed income instrument and warrants which can be converted into shares. The embedded warrant can be detachable or non-detachable but the bond and the warrant must be sold as a unit, i.e. there cannot be separate book building for the warrant and the bond. Exclusions: Redemption-linked instruments, reverse convertibles or similar instruments, synthetics convertibles, issues convertible into participation in an underlying fund or investment trust, pre-ipo convertible instruments, certain lower hierarchy titles, i.e. Jr Bookrunner. Equities Equity market transactions: Initial public offerings, additional offerings of common stocks, units, and depositary receipts (ADRs, GDRs, etc) and rights offerings. Exclusions: Non-underwritten/best efforts, privately placed transactions, funds, self-led, preferred offerings, pre-negotiated offerings, certain lower hierarchy titles, i.e. Jr Bookrunner. Note: Criteria may vary for some local and/or regional tables. Bloomberg L.P. reserves the right of final decision concerning league eligibility and requires adequate documentation for the same. Bloomberg L.P. and its suppliers believe the information herein was obtained from reliable sources, but they do not guarantee its accuracy. Neither the information nor the opinion expressed constitutes a solicitation of the purchase or sale of securities or commodities. Due to the dynamic nature of the Professional Service product, League Table rankings may vary between the quarterly/year-end publications and data found on the Bloomberg Professional Service.

League Tables Criteria Loans Includes executed syndicated loans transactions. Full credit is awarded to the banks satisfying the highest of the titles. Full credit is awarded to the sole bookrunning manager or split equally among joint bookrunning managers. Credit is allocated to amended or amended and restated transactions, where each modification is 100% at the lender s option and not as a result of events already built into the original credit agreement. Credit is awarded for the following structural changes only: maturity extensions of three months or more, incremental basis for increased in deal size, reduction in pricing, full release of security. Exclusions: Bilateral transactions, transactions with a maturity of less than three months, loans withdrawn prior to signing, amended or restated securitizations, receivable and guarantee facilities. US Municipals Standard published tables will award deal credit based on true economic credit as reported by the issuer or the bookrunner. In absence of reported economic credit, 100% will be assigned to the bookrunner. Dollar value of credit will be assigned based on the percentage allocation reported for economic credit (or designated by the user in a custom table) and applied against the total par value of the bonds issued. Zero coupon bonds (CABS) or intermediate appreciation bonds (convertible CABs) will be included at the market value (accreted value) on the interest accrual date. All debt issued by municipal issuers will be eligible for league credit. Taxable and tax-exempt debt is eligible for league credit unless a table includes specific tax type criteria. Tax-exempt is defined as federally tax-exempt and includes bonds subject to AMT and bonds designated as Bank Qualified. Each table is provided in three formats. Economic Credit displays rankings based on true economic credit allocations of applicable deals. Left Lead assigns 100% credit to the bookrunner and 0% to all other syndicate participants. Deal Count displays rankings based on deal quantity rather than aggregate economic credit amounts. A deal refers to the aggregate series within an issuance led by a particular underwriter or syndicate. For example: a $50 million issuance is split into three series- a $10 million Series A, a $20 million Series B, and a $20 million Series C. Bank 1 is the underwriter of Series A & B, while Bank 2 is the underwriter of Series C. Bank 1 would have one deal worth $30 million, and Bank 2 would have one deal worth $20 million. Exclusions: Derivatives, private placements, variable rate preferred securities, municipal commercial paper, and remarketings are excluded from municipal league table eligibility. The full version of Bloomberg s League table Standards & Guidelines can be accessed and subscribed to on the Reports tab on LEAG<GO>. Bloomberg L.P. reserves the right of final decision concerning league eligibility and requires adequate documentation for the same. Bloomberg L.P. and its suppliers believe the information herein was obtained from reliable sources, but they do not guarantee its accuracy. Neither the information nor the opinion expressed constitutes a solicitation of the purchase or sale of securities or commodities. Due to the dynamic nature of the Professional Service product, League Table rankings may vary between the quarterly/year-end publications and data found on the Bloomberg Professional Service.