GLOBAL M&A MARKET REVIEW LEGAL RANKINGS. 1 st 3Q

GLOBAL M&A MARKET REVIEW LEGAL INGS 1 st 3Q 1

1 st 3Q GLOBAL M&A LEGAL ADVISORY INGS CONTENTS 1. Introduction 2. Global M&A Heat Map 3. Global M&A Regional Review 4. Global M&A League Tables 6. Americas M&A Regional Review 7. Americas M&A League Tables 9. EMEA M&A Regional Review 10. EMEA M&A League Tables 14. APAC M&A Regional Review 15. APAC M&A League Tables 20. Disclaimer The Bloomberg M&A Advisory League Tables are the definitive publication of M&A advisory rankings. The tables represent the top financial and legal advisors across a broad array of deal types, regions, and industry sectors. The rankings data is comprised of mergers, acquisitions, divestitures, spin-offs, debt-for-equityswaps, joint ventures, private placements of common equity and convertible securities, and the cash injection component of recapitalization according to Bloomberg standards. Bloomberg M&A delivers real-time coverage of the M&A market from nine countries around the world. We provide a global perspective and local insight into unique deal structures in various markets through a network of over 800 financial and legal advisory firms, ensuring an accurate reflection of key market trends. Our quarterly league table rankings are a leading benchmark for legal and financial advisory performance, and our Bloomberg Brief newsletter provides summary highlights of weekly M&A activity and top deal trends. Visit {NI LEAG CRL <GO>} to download copies of the final release and a full range of market specific league table results. On the web, visit: http://www.bloomberg.com/professional/solutions/investment-banking/. 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 Contact Phone Email North America Nageen Qasim +1-646-324-2878 nqasim1@bloomberg.net EMEA Madeeha Ahmad +44-20-3525-3754 mchaudhry13@bloomberg.net Asia Pacific Sayaka Sakashita +81-33-2012198 ssakashita@bloomberg.net General M&A queries may be submitted to: m-a@bloomberg.net, malondon@bloomberg.net, maasia@bloomberg.net Bloomberg Finance L.P. All rights reserved. 1

Global M&A Heat Map North America USD 1.9T 1. Sullivan & Cromwell LLP 17.7% 2. Latham & Watkins LLP 17.4% 3. Wachtell Lipton Rosen & Katz 17.2% Western Europe USD 959.4B 1. Freshfields Bruckhaus Deringer LLP 20.4% 2. Linklaters LLP 12.1% 3. Shearman & Sterling LLP 11.4% Eastern Europe USD 52.6B 1. White & Case LLP 10.4% 2. Skadden Arps Slate Meagher & Flom L 8.8% 3. Kirkland & Ellis LLP 8.3% Latin America USD 139.5B 1. Mattos Filho Veiga Filho Marrey Quiroga 13.9% 2. White & Case LLP 12.5% 3.Davis Polk & Wardwell 12.3% Middle East & Africa USD 126.1B 1. Allen & Overy LLP 20.3% 2. Kirkland & Ellis LLP 18.2% 3. Fried Frank Harris Shriver & Jacobson 18.1% Asia Pacific USD 1.1T 1. Sullivan & Cromwell LLP 11.3% 2. Latham & Watkins LLP 10.6% 3. Linklaters LLP 9.7% Deal volume and adviser market share for any regional involvement (target, seller, or acquirer) for 1st 3Q. 2

Global M&A Regional Review Global M&A deal volume reached $3.0 trillion in the first 3Q, representing a 26.8% increase compared to the same period last year. Deals involving targets based in North America accounted for $1.5 trillion of the global activity, representing a 51.3% increase year-over-year. Cross border deals accounted for 46.1% of all announced deals. Takeda Pharmaceutical Co Ltd's pending acquisition of $80.4 billion of Shire PLC was the largest cross border deal in the first 3Q, making it the largest company takeover by a Japanese company on record. Transactions involving targets based in the technology sector increased 74.8% year-over-year to $251.1 billion. Broadcom Inc's announced acquisition of CA Inc for $18.1 billion was the largest deal for the technology sector this year. Global M&A: Highlights of 1st 3Q Summary Date Target Acquirer Seller Total Value (Mln.) Industry Global M&A: Premium Breakdown Global M&A: Industry Breakdown Amount (Bln.) % of Total Number of deals 32,253 Takeda Pharmaceutical Co Financial $687.6 22.2% 5.9% 5/8/ Shire PLC - $80,434.8 Volume (Bln.) $3,027.4 Ltd Consumer Non-cyclical $609.3 19.7% 40.6% Avg Deal Size (Mln.) $93.8 Communications $369.4 11.9% 73.8% 3/8/ Express Scripts Holding Co Cigna Corp - $68,375.7 Energy $351.9 11.4% 50.8% Top Adviser Industrial $269.7 8.7% -8.6% 8/1/ Energy Transfer Partners LP Energy Transfer Equity LP - $59,388.2 Latham & Watkins LLP Consumer Cyclical $251.8 8.1% -3.4% Number of deals 298 Technology $251.1 8.1% 74.8% 4/29/ Sprint Corp T-Mobile US Inc - $57,805.6 Volume (Bln.) $351.8 Basic Materials $152.9 4.9% 130.9% Avg Deal Size (Bln.) $1.2 Utilities $147.6 4.8% 27.2% 4/25/ Sky PLC Comcast Corp - $50,714.3 Diversified $5.1 0.2% -52.5% 39% 3% 1% 1% 20% 36% 0-10% 10-25% 25-50% 50-75% 75-100% 100%+ % YoY Change Global M&A Review 1st 3Q Global M&A: Quarterly Volume $1,400 14,000 $1,200 12,000 $1,000 10,000 $800 8,000 $600 6,000 $400 4,000 $200 2,000 $0 0 2013 Q3 2014 Q3 2015 Q3 2016 Q3 Q3 Q3 Volume $(Bln.) Deal Count Quarterly Volume represents any involvement (target, seller, or acquirer). Global M&A: Deal Type Breakdown Deal Type Amount (Bln.) % Change Deal Count % Change Volume Company Takeover $1,769.2 1.9% 41.2% Cross Border $1,395.8 0.9% 27.4% Private Equity $783.0 0.5% 12.8% Asset sale $502.1-1.5% 16.9% Tender Offer $260.7-19.3% 17.2% Venture Capital $163.0 2.5% 51.3% Spin-off $54.9 31.4% -29.4% Minority purchase $386.5 2.8% 25.4% Majority purchase $256.3-1.2% 7.0% 3

Global Announced Deals (By Volume) 01/01/ - 09/30/ Global Announced Deals (By Deal Count) 01/01/ - 09/30/ Latham & Watkins LLP 1 11.6 351,854 298 10 5.9 5.7 Jones Day 1 4.3 130,343 430 1 5.5-1.2 Sullivan & Cromwell LLP 2 11.5 347,150 128 4 9.0 2.5 Kirkland & Ellis LLP 2 6.7 203,585 417 2 9.6-2.8 Cleary Gottlieb Steen & Hamilton LLP 3 11.5 346,784 72 5 8.9 2.6 Latham & Watkins LLP 3 11.6 351,854 298 3 5.9 5.7 Wachtell Lipton Rosen & Katz 4 10.9 328,672 59 6 7.4 3.5 Goodwin Procter LLP 4 3.7 112,403 221 9 1.7 2.1 Skadden Arps Slate Meagher & Flom LLP 5 9.5 287,987 157 1 12.2-2.7 McGuireWoods LLP 5 0.8 25,486 217 21 0.1 0.7 Davis Polk & Wardwell LLP 6 9.4 284,949 97 2 10.2-0.8 Baker & McKenzie LLP 6 1.8 54,428 197 6 1.7 0.2 Simpson Thacher & Bartlett LLP 7 8.3 251,873 131 14 5.3 3.1 Allen & Overy LLP 7 3.2 97,426 186 7 3.8-0.6 White & Case LLP 8 8.1 246,210 177 7 6.6 1.6 White & Case LLP 8 8.1 246,210 177 12 6.6 1.6 Cravath Swaine & Moore LLP 9 8.1 243,688 58 9 6.2 1.9 CMS 9 1.3 39,166 169 10 0.6 0.7 Freshfields Bruckhaus Deringer LLP 10 7.6 228,396 129 8 6.3 1.2 Clifford Chance LLP 10 2.7 81,921 158 7 5.6-2.9 Fried Frank Harris Shriver & Jacobson LLP 11 7.3 221,802 60 20 3.7 3.7 Orrick Herrington & Sutcliffe LLP 10 0.6 17,502 158 17 0.8-0.3 Linklaters LLP 12 6.9 208,190 141 16 4.3 2.5 Skadden Arps Slate Meagher & Flom LLP 12 9.5 287,987 157 11 12.2-2.7 Weil Gotshal & Manges LLP 13 6.9 207,179 151 21 3.6 3.2 Weil Gotshal & Manges LLP 13 6.9 207,179 151 14 3.6 3.2 Kirkland & Ellis LLP 14 6.7 203,585 417 3 9.6-2.8 Herbert Smith Freehills LLP 14 4.8 143,619 145 23 1.8 2.9 Shearman & Sterling LLP 15 6.1 184,974 121 12 5.5 0.6 DLA Piper LLP 15 3.4 102,938 144 4 1.1 2.3 Slaughter and May 16 5.6 168,170 38 24 3.3 2.2 Linklaters LLP 16 6.9 208,190 141 15 4.3 2.5 Paul Weiss Rifkind Wharton & Garrison LLP 17 5.5 166,134 137 17 4.3 1.2 Morgan Lewis & Bockius LLP 17 1.0 29,843 139 13 1.6-0.6 Torys LLP 18 5.4 162,113 48 47 1.4 3.9 Cooley LLP 18 3.6 108,434 138 39 1.0 2.6 Gibson Dunn & Crutcher LLP 19 5.0 151,075 130 18 4.0 1.0 Paul Weiss Rifkind Wharton & Garrison LLP 19 5.5 166,134 137 19 4.3 1.2 Herbert Smith Freehills LLP 20 4.8 143,619 145 35 1.8 2.9 Simpson Thacher & Bartlett LLP 20 8.3 251,873 131 20 5.3 3.1 TOTAL 3,025,812 32,280 2,387,571 TOTAL 3,025,812 32,280 2,387,571 Global Announced Deals- Principals (By Volume) 01/01/ - 09/30/ Global Announced Deals- Principals (By Deal Count) 01/01/ - 09/30/ Wachtell Lipton Rosen & Katz 1 14.6 328,672 59 3 10.0 4.6 Jones Day 1 5.6 125,395 423 1 7.4-1.8 Skadden Arps Slate Meagher & Flom LLP 2 12.5 283,193 152 1 15.4-2.8 Kirkland & Ellis LLP 2 7.6 171,461 410 2 12.0-4.4 Latham & Watkins LLP 3 10.8 244,963 285 7 7.0 3.8 Latham & Watkins LLP 3 10.8 244,963 285 3 7.0 3.8 Freshfields Bruckhaus Deringer LLP 4 10.1 228,396 129 4 8.4 1.8 Goodwin Procter LLP 4 5.0 112,403 221 9 1.7 3.3 Sullivan & Cromwell LLP 5 10.1 227,248 93 10 6.1 3.9 McGuireWoods LLP 5 0.9 20,256 213 20 0.1 0.8 Davis Polk & Wardwell LLP 6 9.7 219,357 79 6 7.3 2.5 Baker & McKenzie LLP 6 2.0 44,378 195 6 2.2-0.3 Linklaters LLP 7 8.7 196,765 140 14 5.4 3.3 Allen & Overy LLP 7 4.2 95,621 185 8 5.1-0.9 Kirkland & Ellis LLP 8 7.6 171,461 410 2 12.0-4.4 CMS 8 1.7 39,166 169 10 0.8 1.0 Slaughter and May 9 7.4 168,170 38 19 4.5 2.9 Orrick Herrington & Sutcliffe LLP 9 0.8 17,502 158 17 1.1-0.4 Simpson Thacher & Bartlett LLP 10 7.1 159,971 122 15 5.3 1.8 Clifford Chance LLP 10 3.6 81,033 157 7 6.7-3.1 Torys LLP 11 7.0 158,604 45 44 1.9 5.1 Skadden Arps Slate Meagher & Flom LLP 11 12.5 283,193 152 11 15.4-2.8 Paul Weiss Rifkind Wharton & Garrison LLP 12 6.4 143,676 131 16 5.2 1.2 White & Case LLP 12 2.9 64,337 151 13 5.8-2.9 Cleary Gottlieb Steen & Hamilton LLP 13 6.3 141,266 56 8 6.7-0.5 Weil Gotshal & Manges LLP 13 6.2 141,071 148 14 4.5 1.7 Weil Gotshal & Manges LLP 14 6.2 141,071 148 18 4.5 1.7 Herbert Smith Freehills LLP 14 5.6 127,294 143 22 2.1 3.6 Vinson & Elkins LLP 15 5.9 133,088 81 25 2.8 3.1 DLA Piper LLP 15 4.1 92,838 142 4 1.5 2.6 Herbert Smith Freehills LLP 16 5.6 127,294 143 37 2.1 3.6 Linklaters LLP 16 8.7 196,765 140 15 5.4 3.3 Richards Layton & Finger PA 17 5.6 125,498 10 167 0.2 5.4 Morgan Lewis & Bockius LLP 17 1.3 29,843 139 12 2.1-0.7 Jones Day 18 5.6 125,395 423 5 7.4-1.8 Cooley LLP 18 4.4 99,769 134 36 1.3 3.1 Potter Anderson & Corroon LLP 19 5.3 118,752 4 111 0.5 4.8 Paul Weiss Rifkind Wharton & Garrison LLP 19 6.4 143,676 131 19 5.2 1.2 Goodwin Procter LLP 20 5.0 112,403 221 51 1.7 3.3 Dentons 20 1.3 30,017 130 16 0.8 0.5 TOTAL 2,259,673 8,110 1,765,447 TOTAL 2,259,673 8,110 1,765,447 4

Cross Border Announced Deals (By Volume) 01/01/ - 09/30/ Global Private Equity Deals (By Volume) 01/01/ - 09/30/ Sullivan & Cromwell LLP 1 15.0 209,497 61 7 9.2 5.9 Simpson Thacher & Bartlett LLP 1 13.1 102,764 83 7 8.9 4.2 Freshfields Bruckhaus Deringer LLP 2 13.7 190,609 112 5 9.4 4.3 Kirkland & Ellis LLP 2 13.0 101,367 262 1 16.0-3.1 Davis Polk & Wardwell LLP 3 12.5 174,006 37 2 10.1 2.3 Latham & Watkins LLP 3 9.5 74,183 174 5 9.2 0.3 Linklaters LLP 4 11.1 154,365 105 8 8.9 2.2 Weil Gotshal & Manges LLP 4 9.2 71,691 95 15 6.0 3.2 Latham & Watkins LLP 5 11.0 153,586 152 17 5.6 5.4 Wachtell Lipton Rosen & Katz 5 8.1 63,554 15 53 1.4 6.7 Slaughter and May 6 10.8 151,335 23 14 6.2 4.7 Sullivan & Cromwell LLP 6 7.3 57,096 39 9 7.7-0.4 Weil Gotshal & Manges LLP 7 8.7 121,644 78 26 3.3 5.5 Gibson Dunn & Crutcher LLP 7 6.5 50,983 52 50 1.7 4.8 Herbert Smith Freehills LLP 8 8.7 120,934 95 30 2.8 5.9 White & Case LLP 8 6.3 48,928 74 6 9.2-2.9 Kirkland & Ellis LLP 9 8.0 112,074 129 4 9.4-1.4 Linklaters LLP 9 5.7 44,338 66 11 7.1-1.5 Fried Frank Harris Shriver & Jacobson LLP 10 7.9 110,131 22 53 1.7 6.2 Paul Weiss Rifkind Wharton & Garrison LLP 10 5.3 41,520 77 16 5.7-0.4 Wachtell Lipton Rosen & Katz 11 7.3 101,541 13 21 4.3 3.0 Davis Polk & Wardwell LLP 11 5.1 39,753 36 4 9.3-4.2 Shearman & Sterling LLP 12 7.0 96,973 71 12 6.4 0.5 Skadden Arps Slate Meagher & Flom LLP 12 4.9 38,066 59 2 12.4-7.6 Nagashima Ohno & Tsunematsu 13 6.4 88,603 20 44 2.2 4.2 Fried Frank Harris Shriver & Jacobson LLP 13 4.8 37,855 29 48 1.8 3.0 Nishimura & Asahi 14 6.2 85,819 28 41 2.2 3.9 Clifford Chance LLP 14 4.5 35,235 77 3 9.9-5.4 Mori Hamada & Matsumoto 15 6.0 83,711 19 125 0.3 5.7 Torys LLP 15 4.3 33,734 19 21 4.1 0.2 Barbosa Mussnich & Aragao 16 5.9 81,997 12 121 0.4 5.5 Allen & Overy LLP 16 4.1 32,342 64 19 4.2-0.1 Skadden Arps Slate Meagher & Flom LLP 17 5.8 81,160 75 1 12.4-6.6 Freshfields Bruckhaus Deringer LLP 17 4.0 31,435 58 13 6.7-2.6 Mourant Ozzannes 18 5.8 80,435 1 241 0.0 5.7 Osler Hoskin & Harcourt LLP 18 3.9 30,703 24 46 1.9 2.1 Cleary Gottlieb Steen & Hamilton LLP 19 5.4 74,967 41 6 9.2-3.8 Hogan Lovells US LLP 19 3.9 30,245 42 32 2.9 1.0 Allen & Overy LLP 20 4.9 68,788 136 10 6.9-2.0 Cleary Gottlieb Steen & Hamilton LLP 20 3.7 28,978 19 18 4.4-0.7 TOTAL 1,395,774 11,805 1,096,213 TOTAL 783,049 9,803 694,273 5

Americas M&A Regional Review M&A deal volume in the Americas increased by 48.2% to $1.6 trillion compared to the same period last year. Transactions targeting companies in the energy sector rose by 60.3% to $260.8 billon. The announced acquisition of Energy Transfer Partners LP by Energy Transfer Equity LP for $59.4 billion was the largest transaction in the sector. The United States contributed to 87.5% of the region's total and continued to be the most targeted country for M&A transactions. The consumer, non-cyclical and financial sectors were the most targeted industries in the region, contributing 24.8% and 19.8% to the overall deal volume, respectively. Morgan Stanley ranked as the top financial adviser in the first 3Q, accounting for 32.9% of the market share and advising on 127 deals in the region. Americas M&A: Highlights of 1st 3Q Country Total Value Summary Date Target Acquirer Seller (Mln.) Industry Americas M&A: Country Breakdown United States $1,378.3 88.2% 52.0% Canada $95.7 6.1% 21.1% Brazil $32.1 2.1% -13.9% Bermuda $18.7 1.2% 1783.9% British Virgin Islands $10.3 0.7% 66.4% Chile $10.1 0.6% 7.8% Mexico $2.0 0.1% -47.8% Colombia $1.0 0.1% -45.4% Amount (Bln.) % of Total Number of deals 13,738 Takeda Pharmaceutical Co Consumer Non-cyclical $397.2 25.0% 71.3% 5/8/ Shire PLC - $80,434.8 Volume (Bln.) $1,563.0 Ltd Financial $316.7 20.0% 55.8% Avg Deal Size (Mln.) $113.6 Energy $262.3 16.5% 61.2% 3/8/ Express Scripts Holding Co Cigna Corp - $68,375.7 Technology $164.2 10.3% 176.8% Top Adviser Communications $139.0 8.8% 59.9% 8/1/ Energy Transfer Partners LP Energy Transfer Equity LP - $59,388.2 Cleary Gottlieb Steen & Hamilton LLP Industrial $105.4 6.6% -13.6% Number of deals 46 Consumer Cyclical $95.2 6.0% -7.3% 4/29/ Sprint Corp T-Mobile US Inc - $57,805.6 Volume (Bln.) $320.6 Basic Materials $58.3 3.7% 157.7% Avg Deal Size (Bln.) $6.9 Utilities $47.4 3.0% -29.9% 4/30/ Andeavor Marathon Petroleum Corp - $28,993.5 Diversified $1.7 0.1% 183.5% Amount (Bln.) % of Total Americas M&A: Industry Breakdown % YoY Change % YoY Change Global M&A Review 1st 3Q Americas M&A: Quarterly Volume $700 5,000 $600 4,000 $500 $400 3,000 $300 2,000 $200 $100 1,000 $0 0 2013 Q3 2014 Q3 2015 Q3 2016 Q3 Q3 Q3 Volume $(Bln.) Deal Count Quarterly Volume represents any involvement (target, seller, or acquirer). Deal Type Americas M&A: Deal Type Breakdown Amount (Bln.) % Change Deal Count % Change Volume Company Takeover $1,076.6 6.9% 58.2% Cross Border $507.3 5.4% 37.4% Private Equity $376.4 5.8% 13.6% Asset sale $239.3-0.6% 17.0% Tender Offer $65.6-36.5% -14.0% Venture Capital $69.3 4.7% 26.1% Spin-off $22.6 54.0% -24.0% Minority purchase $133.4 6.6% 49.7% Majority purchase $63.2 6.2% 127.9% 6

US Announced Deals (By Volume) 01/01/ - 09/30/ US Announced Deals (By Deal Count) 01/01/ - 09/30/ Sullivan & Cromwell LLP 1 18.8 334,203 112 3 14.7 4.1 Kirkland & Ellis LLP 1 9.8 174,781 393 1 15.2-5.3 Latham & Watkins LLP 2 18.7 331,097 236 8 10.0 8.6 Jones Day 2 6.5 115,229 320 2 7.2-0.7 Wachtell Lipton Rosen & Katz 3 18.5 328,672 58 5 13.8 4.7 Latham & Watkins LLP 3 18.7 331,097 236 3 10.0 8.6 Cleary Gottlieb Steen & Hamilton LLP 4 17.2 305,591 53 6 12.6 4.6 McGuireWoods LLP 4 1.4 24,750 209 8 0.3 1.1 Davis Polk & Wardwell LLP 5 14.7 261,591 83 4 14.4 0.3 Goodwin Procter LLP 5 6.0 106,251 194 5 2.7 3.3 Skadden Arps Slate Meagher & Flom LLP 6 14.6 258,721 133 1 20.5-6.0 Skadden Arps Slate Meagher & Flom LLP 6 14.6 258,721 133 7 20.5-6.0 Simpson Thacher & Bartlett LLP 7 13.5 239,748 122 10 9.5 4.0 Cooley LLP 7 6.1 108,120 132 17 1.8 4.3 Fried Frank Harris Shriver & Jacobson LLP 8 12.5 221,701 55 14 6.9 5.6 Morgan Lewis & Bockius LLP 8 1.6 29,025 131 6 2.2-0.6 Cravath Swaine & Moore LLP 9 12.2 216,644 53 7 11.0 1.2 Paul Weiss Rifkind Wharton & Garrison LLP 9 8.9 157,226 123 9 6.8 2.0 White & Case LLP 10 11.8 209,596 88 9 10.0 1.8 Simpson Thacher & Bartlett LLP 10 13.5 239,748 122 12 9.5 4.0 Weil Gotshal & Manges LLP 11 10.7 190,235 116 17 6.1 4.7 Gibson Dunn & Crutcher LLP 11 6.6 117,930 118 16 7.2-0.5 Kirkland & Ellis LLP 12 9.8 174,781 393 2 15.2-5.3 Weil Gotshal & Manges LLP 12 10.7 190,235 116 10 6.1 4.7 Paul Weiss Rifkind Wharton & Garrison LLP 13 8.9 157,226 123 15 6.8 2.0 DLA Piper LLP 13 4.5 79,548 113 4 1.3 3.2 Shearman & Sterling LLP 14 7.9 140,267 74 11 8.3-0.4 Sullivan & Cromwell LLP 14 18.8 334,203 112 18 14.7 4.1 Vinson & Elkins LLP 15 7.5 132,413 79 26 3.8 3.7 Ropes & Gray LLP 15 2.6 45,333 101 13 5.7-3.1 Torys LLP 16 7.2 127,604 23 45 2.2 5.0 Orrick Herrington & Sutcliffe LLP 16 0.8 13,475 95 21 0.7 0.1 Richards Layton & Finger PA 17 7.1 125,498 10 125 0.2 6.9 White & Case LLP 17 11.8 209,596 88 13 10.0 1.8 Linklaters LLP 18 7.0 124,354 41 22 5.1 1.9 Sidley Austin LLP 17 5.9 104,118 88 40 3.5 2.4 Potter Anderson & Corroon LLP 19 6.7 118,752 4 79 0.7 6.0 Davis Polk & Wardwell LLP 19 14.7 261,591 83 18 14.4 0.3 Gibson Dunn & Crutcher LLP 20 6.6 117,930 118 13 7.2-0.5 Vinson & Elkins LLP 20 7.5 132,413 79 24 3.8 3.7 TOTAL 1,775,468 14,648 1,270,770 TOTAL 1,775,468 14,648 1,270,770 US Announced Deals- Principals (By Volume) 01/01/ - 09/30/ US Announced Deals- Principals (By Deal Count) 01/01/ - 09/30/ Wachtell Lipton Rosen & Katz 1 21.8 328,672 58 3 16.3 5.5 Kirkland & Ellis LLP 1 9.9 148,939 388 1 17.7-7.8 Skadden Arps Slate Meagher & Flom LLP 2 16.9 253,928 128 1 22.3-5.4 Jones Day 2 7.4 111,041 315 2 8.5-1.1 Latham & Watkins LLP 3 15.0 225,601 225 4 10.2 4.8 Latham & Watkins LLP 3 15.0 225,601 225 3 10.2 4.8 Sullivan & Cromwell LLP 4 14.5 218,854 79 7 8.4 6.2 McGuireWoods LLP 4 1.3 19,519 205 8 0.2 1.1 Davis Polk & Wardwell LLP 5 13.0 196,280 66 11 6.8 6.2 Goodwin Procter LLP 5 7.1 106,251 194 5 2.2 4.8 Kirkland & Ellis LLP 6 9.9 148,939 388 2 17.7-7.8 Morgan Lewis & Bockius LLP 6 1.9 29,025 131 6 2.6-0.7 Simpson Thacher & Bartlett LLP 7 9.8 147,846 113 8 8.2 1.6 Skadden Arps Slate Meagher & Flom LLP 7 16.9 253,928 128 7 22.3-5.4 Paul Weiss Rifkind Wharton & Garrison LLP 8 8.9 134,768 117 9 7.0 2.0 Cooley LLP 7 6.6 99,455 128 14 2.2 4.4 Vinson & Elkins LLP 9 8.6 129,839 78 22 4.5 4.1 Paul Weiss Rifkind Wharton & Garrison LLP 9 8.9 134,768 117 9 7.0 2.0 Richards Layton & Finger PA 10 8.3 125,498 10 122 0.2 8.1 Simpson Thacher & Bartlett LLP 10 9.8 147,846 113 12 8.2 1.6 Torys LLP 11 8.3 124,749 22 39 2.6 5.7 Weil Gotshal & Manges LLP 10 8.2 124,127 113 10 6.5 1.7 Linklaters LLP 12 8.3 124,354 41 18 5.4 2.8 DLA Piper LLP 12 5.3 79,497 112 4 1.6 3.7 Weil Gotshal & Manges LLP 13 8.2 124,127 113 13 6.5 1.7 Gibson Dunn & Crutcher LLP 13 5.4 81,231 108 16 3.1 2.3 Potter Anderson & Corroon LLP 14 7.9 118,752 4 77 0.8 7.1 Orrick Herrington & Sutcliffe LLP 14 0.9 13,475 95 19 0.8 0.1 Cleary Gottlieb Steen & Hamilton LLP 15 7.7 115,274 38 14 6.2 1.5 Ropes & Gray LLP 15 1.5 22,451 92 13 4.3-2.8 Freshfields Bruckhaus Deringer LLP 16 7.6 115,115 50 12 6.8 0.9 Sidley Austin LLP 16 3.1 46,313 86 36 4.1-1.0 Jones Day 17 7.4 111,041 315 6 8.5-1.1 Sullivan & Cromwell LLP 17 14.5 218,854 79 29 8.4 6.2 Slaughter and May 18 7.1 106,579 13 31 3.1 4.0 Hogan Lovells US LLP 17 4.0 60,147 79 11 4.7-0.7 Goodwin Procter LLP 19 7.1 106,251 194 45 2.2 4.8 Vinson & Elkins LLP 19 8.6 129,839 78 22 4.5 4.1 Cooley LLP 20 6.6 99,455 128 46 2.2 4.4 McDermott Will & Emery LLP Inc 20 0.6 8,305 71 27 1.3-0.7 TOTAL 1,507,266 4,182 1,077,750 TOTAL 1,507,266 4,182 1,077,750 7

Canada Announced Deals (By Volume) 01/01/ - 09/30/ Canada Announced Deals (By Deal Count) 01/01/ - 09/30/ Torys LLP 1 27.5 67,685 41 6 13.7 13.8 Blake Cassels & Graydon LLP 1 10.2 25,046 105 2 19.4-9.3 Sullivan & Cromwell LLP 2 23.9 58,813 20 10 12.9 11.0 Stikeman Elliott LLP 2 13.0 32,094 90 3 13.2-0.2 Weil Gotshal & Manges LLP 3 22.4 55,169 16 21 4.4 18.0 Gowling WLG Canada LLP 3 1.0 2,417 85 9 0.5 0.5 Osler Hoskin & Harcourt LLP 4 20.4 50,308 68 1 21.2-0.8 Osler Hoskin & Harcourt LLP 4 20.4 50,308 68 4 21.2-0.8 McCarthy Tetrault LLP 5 15.1 37,255 48 13 8.9 6.2 Miller Thomson LLP 5 0.9 2,220 60 1 0.2 0.7 Simpson Thacher & Bartlett LLP 6 13.7 33,855 9 31 3.0 10.7 McCarthy Tetrault LLP 6 15.1 37,255 48 6 8.9 6.2 Stikeman Elliott LLP 7 13.0 32,094 90 8 13.2-0.2 Torys LLP 7 27.5 67,685 41 8 13.7 13.8 Norton Rose Fulbright LLP 8 12.6 31,024 30 3 17.8-5.2 Davies Ward Phillips & Vineberg LLP 8 8.8 21,669 35 5 3.6 5.2 Wachtell Lipton Rosen & Katz 9 10.9 26,732 2 53 1.2 9.6 Norton Rose Fulbright LLP 9 12.6 31,024 30 7 17.8-5.2 White & Case LLP 10 10.8 26,601 9 12 9.3 1.5 Jones Day 10 2.3 5,654 25 14 3.0-0.7 Blake Cassels & Graydon LLP 11 10.2 25,046 105 2 19.4-9.3 Cassels Brock & Blackwell LLP 11 0.9 2,163 24 10 1.2-0.3 Vinson & Elkins LLP 12 10.0 24,603 10 17 5.7 4.3 Sullivan & Cromwell LLP 12 23.9 58,813 20 30 12.9 11.0 Gibson Dunn & Crutcher LLP 13 10.0 24,533 11 54 1.2 8.7 Kirkland & Ellis LLP 12 3.5 8,599 20 15 11.3-7.9 King & Wood Mallesons 14 9.0 22,100 8 174-9.0 Borden Ladner Gervais LLP 14 2.9 7,215 18 12 2.0 0.9 Davies Ward Phillips & Vineberg LLP 15 8.8 21,669 35 24 3.6 5.2 Orrick Herrington & Sutcliffe LLP 15 0.9 2,130 17 26 1.8-0.9 Paul Weiss Rifkind Wharton & Garrison LLP 16 7.7 19,027 15 4 17.8-10.1 Weil Gotshal & Manges LLP 16 22.4 55,169 16 26 4.4 18.0 Gilbert + Tobin 17 7.1 17,560 8 91 0.3 6.8 Paul Weiss Rifkind Wharton & Garrison LLP 17 7.7 19,027 15 15 17.8-10.1 Herbert Smith Freehills LLP 18 6.6 16,163 7 25 3.4 3.2 Goodwin Procter LLP 18 0.4 1,035 14 30 3.0-2.6 Morrison & Foerster LLP 19 6.1 15,085 7 28 3.2 2.9 Skadden Arps Slate Meagher & Flom LLP 19 4.7 11,632 13 18 14.8-10.1 Clifford Chance LLP 20 5.8 14,235 5 39 2.6 3.2 Fasken Martineau DuMoulin LLP 19 2.4 5,955 13 10 2.4 0.1 TOTAL 246,408 2,689 208,208 TOTAL 246,408 2,689 208,208 Brazil Announced Deals (By Volume) 01/01/ - 09/30/ Brazil Announced Deals (By Deal Count) 01/01/ - 09/30/ Mattos Filho Veiga Filho Marrey Jr e Quiroga 1 50.2 19,470 42 1 28.1 22.0 Mattos Filho Veiga Filho Marrey Jr e Quiroga 1 50.2 19,470 42 1 28.1 22.0 Davis Polk & Wardwell LLP 2 42.6 16,522 2 13 5.6 37.0 Pinheiro Neto Advogados 2 7.3 2,849 30 2 18.1-10.7 Cleary Gottlieb Steen & Hamilton LLP 3 41.4 16,077 3 15 5.1 36.4 Souza Cescon Barrieu & Flesch Advogados 3 38.4 14,922 23 7 10.0 28.5 White & Case LLP 4 41.0 15,925 3 14 5.1 35.9 Barbosa Mussnich & Aragao 4 8.5 3,283 22 12 4.4 4.1 Tozzini Freire Teixeira E Silva 5 39.4 15,307 12 6 11.4 28.0 Veirano Advogados 5 0.7 283 19 3 8.7-8.0 Machado Meyer Sendacz e Opice Advogados 6 39.0 15,144 16 7 11.2 27.8 Lefosse Advogados 6 9.7 3,760 17 9 15.6-5.9 Souza Cescon Barrieu & Flesch Advogados 7 38.4 14,922 23 8 10.0 28.5 Machado Meyer Sendacz e Opice Advogados 7 39.0 15,144 16 3 11.2 27.8 Lefosse Advogados 8 9.7 3,760 17 4 15.6-5.9 Tozzini Freire Teixeira E Silva 8 39.4 15,307 12 3 11.4 28.0 Barbosa Mussnich & Aragao 9 8.5 3,283 22 16 4.4 4.1 Demarest Advogados 9 1.7 652 11 10 2.3-0.6 Pinheiro Neto Advogados 10 7.3 2,849 30 2 18.1-10.7 Lobo de Rizzo Advogados 10 0.4 156 10 8 1.2-0.8 Latham & Watkins LLP 11 6.2 2,413 2 - - 6.2 Stocche Forbes Padis Filizzola e Clapis 11 0.2 67 9 6 16.1-16.0 Choate Hall & Stewart LLP 12 4.6 1,800 1 48-4.6 Baker & McKenzie LLP 12 2.6 1,021 4 10 3.9-1.3 Covington & Burling LLP 13 4.0 1,569 2 41 0.1 3.9 Cleary Gottlieb Steen & Hamilton LLP 13 41.4 16,077 3 18 5.1 36.4 Baker & McKenzie LLP 14 2.6 1,021 4 17 3.9-1.3 White & Case LLP 13 41.0 15,925 3 15 5.1 35.9 Linklaters LLP 15 2.5 969 2 21 2.6-0.1 Skadden Arps Slate Meagher & Flom LLP 13 2.5 950 3 18 2.1 0.4 Morgan Lewis & Bockius LLP 15 2.5 969 1 48-2.5 Simpson Thacher & Bartlett LLP 13 1.8 693 3 18 0.2 1.6 Skadden Arps Slate Meagher & Flom LLP 17 2.5 950 3 23 2.1 0.4 Jones Day 13 0.8 307 3 13 8.2-7.4 Simpson Thacher & Bartlett LLP 18 1.8 693 3 36 0.2 1.6 Azevedo Sette Advogados 13 - - 3 14 0.2-0.2 Demarest Advogados 19 1.7 652 11 22 2.3-0.6 Davis Polk & Wardwell LLP 19 42.6 16,522 2 27 5.6 37.0 Akin Gump Strauss Hauer & Feld LLP 20 1.6 600 1 48-1.6 Latham & Watkins LLP 19 6.2 2,413 2 - - 6.2 TOTAL 38,814 301 43,380 TOTAL 38,814 301 43,380 8

EMEA M&A Regional Review Deal volume for EMEA-based targets reached $765.1 billion in the first 3Q, a 25.2% increase from the same period last year. The United Kingdom continued to be the most targeted country in the region, generating $240.0 billion in transactional value. M&A deal activity in the communications sector experienced an increase of 456.5% year-over-year, partly due to Comcast Corp's pending acquisition of Sky PLC for $46.0 billion. This deal was the largest of the quarter in the EMEA region. Cross border deals in the region reached $589.95 billion, accounting for more than three quarters of the overall volume in the region. EMEA M&A Highlights of 1st 3Q Country Total Summary Date Target Acquirer Seller Value Industry EMEA M&A: Country Breakdown United Kingdom $239.9 31.4% 39.6% Germany $111.3 14.5% 128.8% Spain $46.5 6.1% 74.2% France $39.3 5.1% -58.0% Switzerland $34.1 4.5% -0.2% Italy $33.8 4.4% -36.8% Netherlands $29.7 3.9% 41.5% Finland $3.7 0.5% -33.4% Amount (Bln.) % of Total Number of deals 8,277 Financial $189.4 23.8% -1.1% 4/25/ Sky PLC Comcast Corp - $50,714.3 Volume (Bln.) $765.1 Communications $146.9 18.4% 456.5% Avg Deal Size (Mln.) $92.4 EDP - Energias de Portugal Consumer Non-cyclical $124.4 15.6% -3.3% 5/11/ China Three Gorges Corp - $28,159.9 SA Utilities $84.1 10.6% 217.4% Top Adviser Liberty Global Industrial $70.3 8.8% 5.5% 5/9/ Multiple Targets Vodafone Group PLC $21,813.2 Freshfields Bruckhaus Deringer LLP PLC Consumer Cyclical $68.3 8.6% -18.9% Number of deals 105 Energy $43.7 5.5% -6.6% 3/12/ Innogy SE E.ON SE RWE AG $21,669.9 Volume (Bln.) $158.3 Technology $35.2 4.4% 53.3% Avg Deal Size (Bln.) $1.5 7/3/ Multiple Targets CK Hutchison Holdings Ltd VEON Ltd $14,148.9 Basic Materials $33.5 4.2% 142.3% Diversified $0.8 0.1% -84.0% Amount (Bln.) % of Total EMEA M&A: Industry Breakdown % YoY Change % YoY Change Global M&A Review 1st 3Q EMEA M&A: Quarterly Volume $400 4,000 $300 3,000 $200 2,000 $100 1,000 $0 0 2013 Q3 2014 Q3 2015 Q3 2016 Q3 Q3 Q3 Volume $(Bln.) Deal Count Quarterly Volume represents any involvement (target, seller, or acquirer). Deal Type EMEA M&A: Deal Type Breakdown Amount (Bln.) % Change Deal Count % Change Volume Company Takeover $433.1-6.0% 42.8% Cross Border $589.9-2.3% 29.2% Private Equity $227.1-6.7% 13.9% Asset sale $185.0-1.0% 34.9% Tender Offer $164.1-38.1% 51.0% Venture Capital $19.8-3.1% 41.3% Spin-off $25.3 66.7% 292.3% Minority purchase $65.4-7.8% -4.9% Majority purchase $63.1-1.7% -18.7% 9

Europe Announced Deals (By Volume) 01/01/ - 09/30/ Europe Announced Deals (By Deal Count) 01/01/ - 09/30/ Freshfields Bruckhaus Deringer LLP 1 20.2 197,666 111 3 11.0 9.2 Jones Day 1 3.6 35,596 185 2 7.1-3.5 Linklaters LLP 2 12.0 117,315 119 4 10.7 1.3 CMS 2 4.0 38,961 165 1 1.7 2.2 Shearman & Sterling LLP 3 11.2 109,510 56 17 4.9 6.3 Allen & Overy LLP 3 7.2 70,882 141 2 10.2-2.9 Herbert Smith Freehills LLP 4 10.9 106,348 62 29 2.5 8.4 Clifford Chance LLP 4 7.0 68,198 137 4 11.1-4.1 Davis Polk & Wardwell LLP 5 8.8 85,971 26 1 12.5-3.7 Baker & McKenzie LLP 5 3.6 35,636 132 9 3.1 0.5 Slaughter and May 6 8.2 80,236 30 7 8.6-0.4 Linklaters LLP 6 12.0 117,315 119 6 10.7 1.3 Kirkland & Ellis LLP 7 7.6 73,889 96 12 5.6 2.0 Latham & Watkins LLP 6 5.4 52,469 119 7 5.0 0.3 Allen & Overy LLP 8 7.2 70,882 141 5 10.2-2.9 Freshfields Bruckhaus Deringer LLP 8 20.2 197,666 111 10 11.0 9.2 Skadden Arps Slate Meagher & Flom LLP 9 7.1 69,081 54 8 8.0-1.0 White & Case LLP 8 4.4 43,053 111 11 5.5-1.1 Clifford Chance LLP 10 7.0 68,198 137 2 11.1-4.1 Kirkland & Ellis LLP 10 7.6 73,889 96 19 5.6 2.0 Sullivan & Cromwell LLP 11 6.5 63,869 33 20 4.7 1.9 Orrick Herrington & Sutcliffe LLP 10 0.9 8,532 96 12 1.7-0.9 Wachtell Lipton Rosen & Katz 12 6.2 60,749 7 11 5.7 0.5 Cuatrecasas 12 1.2 11,593 88 14 0.3 0.9 Weil Gotshal & Manges LLP 13 5.8 56,247 65 25 3.8 2.0 Dentons 13 0.9 9,138 79 13 1.0 0.0 Hengeler Mueller 14 5.7 55,331 49 32 2.3 3.3 Hogan Lovells US LLP 14 2.3 22,140 73 8 2.0 0.3 Latham & Watkins LLP 15 5.4 52,469 119 15 5.0 0.3 Weil Gotshal & Manges LLP 15 5.8 56,247 65 15 3.8 2.0 Cravath Swaine & Moore LLP 16 5.1 49,777 22 10 6.4-1.3 Goodwin Procter LLP 16 1.5 14,274 64 22 1.9-0.5 Gibson Dunn & Crutcher LLP 17 4.6 45,169 31 16 4.9-0.3 Herbert Smith Freehills LLP 17 10.9 106,348 62 23 2.5 8.4 Cleary Gottlieb Steen & Hamilton LLP 18 4.6 44,705 30 6 9.1-4.5 Ellex 18 0.4 3,926 58 47 0.1 0.3 White & Case LLP 19 4.4 43,053 111 13 5.5-1.1 Perez-Llorca 19 1.1 10,398 57 32 1.4-0.3 CMS 20 4.0 38,961 165 42 1.7 2.2 Shearman & Sterling LLP 20 11.2 109,510 56 28 4.9 6.3 TOTAL 978,798 9,904 784,429 TOTAL 978,798 9,904 784,429 Europe Announced Deals- Principals (By Volume) 01/01/ - 09/30/ Europe Announced Deals- Principals (By Deal Count) 01/01/ - 09/30/ Freshfields Bruckhaus Deringer LLP 1 25.9 197,666 111 2 13.1 12.8 Jones Day 1 4.5 34,241 182 2 8.8-4.3 Linklaters LLP 2 13.9 105,891 118 4 12.0 1.9 CMS 2 5.1 38,961 165 1 2.2 3.0 Herbert Smith Freehills LLP 3 11.8 90,023 60 40 2.1 9.7 Allen & Overy LLP 3 9.1 69,077 140 3 12.6-3.5 Slaughter and May 4 10.5 80,236 30 6 10.7-0.2 Clifford Chance LLP 4 8.8 67,309 136 4 13.7-4.9 Davis Polk & Wardwell LLP 5 9.9 75,806 22 5 11.4-1.5 Baker & McKenzie LLP 5 3.4 25,587 131 8 3.8-0.5 Allen & Overy LLP 6 9.1 69,077 140 3 12.6-3.5 Linklaters LLP 6 13.9 105,891 118 6 12.0 1.9 Clifford Chance LLP 7 8.8 67,309 136 1 13.7-4.9 Latham & Watkins LLP 7 5.9 45,213 114 7 6.2-0.2 Skadden Arps Slate Meagher & Flom LLP 8 8.6 65,587 50 7 9.2-0.6 Freshfields Bruckhaus Deringer LLP 8 25.9 197,666 111 10 13.1 12.8 Kirkland & Ellis LLP 9 8.0 60,879 94 11 6.9 1.1 White & Case LLP 9 4.9 37,401 105 11 5.4-0.5 Wachtell Lipton Rosen & Katz 10 8.0 60,749 7 10 7.0 0.9 Orrick Herrington & Sutcliffe LLP 10 1.1 8,532 96 12 2.2-1.0 Shearman & Sterling LLP 11 7.4 56,222 52 29 2.7 4.7 Kirkland & Ellis LLP 11 8.0 60,879 94 19 6.9 1.1 Hengeler Mueller 12 7.3 55,331 49 28 2.9 4.4 Cuatrecasas 12 1.5 11,593 88 14 0.4 1.2 Weil Gotshal & Manges LLP 13 7.2 54,664 64 21 4.6 2.5 Dentons 13 1.2 9,138 79 13 1.2 - Latham & Watkins LLP 14 5.9 45,213 114 14 6.2-0.2 Hogan Lovells US LLP 14 2.9 22,140 73 8 2.3 0.6 Cravath Swaine & Moore LLP 15 5.6 42,379 16 12 6.6-1.0 Weil Gotshal & Manges LLP 15 7.2 54,664 64 15 4.6 2.5 CMS 16 5.1 38,961 165 37 2.2 3.0 Goodwin Procter LLP 15 1.9 14,274 64 22 2.4-0.5 White & Case LLP 17 4.9 37,401 105 17 5.4-0.5 Herbert Smith Freehills LLP 17 11.8 90,023 60 24 2.1 9.7 Jones Day 18 4.5 34,241 182 8 8.8-4.3 Ellex 18 0.5 3,926 58 46 0.2 0.4 Simpson Thacher & Bartlett LLP 19 4.5 34,152 26 18 4.8-0.3 Perez-Llorca 19 1.4 10,398 57 32 1.7-0.3 Sullivan & Cromwell LLP 20 4.1 30,862 27 24 3.9 0.1 Noerr LLP 20 1.6 12,443 55 23 0.7 1.0 TOTAL 762,516 3,252 633,996 TOTAL 762,516 3,252 633,996 10

UK Announced Deals (By Volume) 01/01/ - 09/30/ UK Announced Deals (By Deal Count) 01/01/ - 09/30/ Freshfields Bruckhaus Deringer LLP 1 28.2 121,453 45 11 6.4 21.8 CMS 1 7.2 31,006 76 3 1.1 6.1 Herbert Smith Freehills LLP 2 23.4 100,898 39 15 4.6 18.8 Linklaters LLP 2 14.4 62,303 59 4 17.7-3.2 Slaughter and May 3 17.7 76,267 27 8 8.7 9.0 Jones Day 2 1.1 4,608 59 2 3.0-1.9 Shearman & Sterling LLP 4 17.0 73,414 17 9 7.6 9.5 Allen & Overy LLP 4 7.6 32,888 56 6 14.8-7.2 Davis Polk & Wardwell LLP 5 15.9 68,562 10 4 14.5 1.4 Clifford Chance LLP 5 13.0 55,996 51 5 18.5-5.5 Linklaters LLP 6 14.4 62,303 59 2 17.7-3.2 Latham & Watkins LLP 5 4.7 20,287 51 7 6.2-1.5 Wachtell Lipton Rosen & Katz 7 14.0 60,314 4 48 1.4 12.6 Freshfields Bruckhaus Deringer LLP 7 28.2 121,453 45 9 6.4 21.8 Clifford Chance LLP 8 13.0 55,996 51 1 18.5-5.5 Kirkland & Ellis LLP 8 7.0 30,019 44 14 9.5-2.5 Skadden Arps Slate Meagher & Flom LLP 9 10.5 45,420 28 7 9.3 1.2 Herbert Smith Freehills LLP 9 23.4 100,898 39 20 4.6 18.8 Sullivan & Cromwell LLP 10 8.7 37,590 12 22 3.8 4.9 White & Case LLP 10 6.6 28,284 38 11 4.3 2.3 Allen & Overy LLP 11 7.6 32,888 56 3 14.8-7.2 Squire Patton Boggs US LLP 11 0.6 2,441 37 11 0.5 0.0 CMS 12 7.2 31,006 76 55 1.1 6.1 Baker & McKenzie LLP 12 3.3 14,264 35 15 2.3 1.0 Simpson Thacher & Bartlett LLP 13 7.1 30,793 15 13 6.1 1.0 Travers Smith 13 1.2 5,171 33 10 1.7-0.5 Weil Gotshal & Manges LLP 14 7.0 30,190 27 39 1.7 5.3 Skadden Arps Slate Meagher & Flom LLP 14 10.5 45,420 28 17 9.3 1.2 Kirkland & Ellis LLP 15 7.0 30,019 44 6 9.5-2.5 Ashurst LLP 14 3.5 14,951 28 16 10.1-6.6 White & Case LLP 16 6.6 28,284 38 17 4.3 2.3 Slaughter and May 16 17.7 76,267 27 24 8.7 9.0 Hengeler Mueller 17 6.0 26,038 8 25 3.0 3.0 Weil Gotshal & Manges LLP 16 7.0 30,190 27 20 1.7 5.3 King & Wood Mallesons 18 5.8 24,883 10 46 1.4 4.3 Orrick Herrington & Sutcliffe LLP 18 0.3 1,382 26 19 0.5-0.2 Latham & Watkins LLP 19 4.7 20,287 51 12 6.2-1.5 Hogan Lovells US LLP 19 2.2 9,308 24 8 2.9-0.7 AZB & Partners 20 4.3 18,328 10 14 4.9-0.7 Ropes & Gray LLP 19 0.7 2,963 24 30 1.7-1.0 TOTAL 431,482 3,788 335,041 TOTAL 431,482 3,788 335,041 Germany Announced Deals (By Deal Count) 01/01/ - 09/30/ France Announced Deals (By Deal Count) 01/01/ - 09/30/ CMS 1 15.3 23,934 63 3 5.7 9.6 Jones Day 1 5.0 6,583 56 1 15.8-10.8 Jones Day 2 9.9 15,494 45 7 3.6 6.2 Clifford Chance LLP 2 2.7 3,571 40 2 5.9-3.2 Freshfields Bruckhaus Deringer LLP 3 44.5 69,751 44 7 14.1 30.4 Weil Gotshal & Manges LLP 3 17.5 22,912 28 10 6.4 11.0 Hengeler Mueller 3 35.0 54,884 44 1 12.3 22.7 Latham & Watkins LLP 4 6.1 7,951 27 7 6.2-0.2 Noerr LLP 3 6.2 9,776 44 4 2.9 3.3 Orrick Herrington & Sutcliffe LLP 4 2.2 2,844 27 4 6.6-4.5 Clifford Chance LLP 6 4.0 6,325 36 2 7.8-3.7 Baker & McKenzie LLP 6 3.1 4,007 26 12 2.3 0.7 Allen & Overy LLP 7 4.0 6,313 30 10 5.6-1.6 Allen & Overy LLP 7 6.5 8,562 23 3 6.1 0.4 Baker & McKenzie LLP 8 10.3 16,166 26 14 2.3 8.0 Goodwin Procter LLP 7 4.9 6,393 23 15 2.1 2.8 Latham & Watkins LLP 8 4.9 7,746 26 6 5.6-0.7 De Pardieu Brocas Maffei 9 4.9 6,376 20 4 5.1-0.2 Orrick Herrington & Sutcliffe LLP 10 0.2 284 25 11 0.2 - Hogan Lovells US LLP 10 0.5 625 19 7 2.0-1.5 Dentons 11 2.5 3,842 20 16 1.5 1.0 Linklaters LLP 11 13.4 17,554 18 7 5.1 8.3 Luther Rechtsanwaltsgesellschaft GmbH 11 0.2 274 20 11 0.9-0.7 Willkie Farr & Gallagher LLP 11 12.4 16,308 18 20 4.4 8.0 Hogan Lovells US LLP 13 1.7 2,690 19 5 2.3-0.6 Cuatrecasas 13 2.0 2,646 16 27 0.1 1.9 White & Case LLP 13 0.1 127 19 11 7.9-7.8 Freshfields Bruckhaus Deringer LLP 14 3.6 4,702 15 17 9.8-6.3 Shearman & Sterling LLP 15 18.5 28,977 18 22 1.1 17.4 Dechert LLP 14 1.5 1,952 15 14 1.0 0.5 Linklaters LLP 16 19.5 30,525 15 15 17.5 2.0 Cleary Gottlieb Steen & Hamilton LLP 16 17.6 23,054 14 20 25.5-7.9 Watson Farley & Williams LLP 17 - - 14 92 - - CMS 16 5.3 6,994 14 4 0.6 4.8 Kirkland & Ellis LLP 18 1.1 1,683 13 20 14.1-13.0 White & Case LLP 16 2.6 3,472 14 16 8.4-5.7 Willkie Farr & Gallagher LLP 18 1.0 1,553 13 30 1.6-0.6 Bredin Prat 19 5.0 6,622 13 19 21.4-16.3 Ashurst LLP 20 0.8 1,208 12 18 2.6-1.8 Herbert Smith Freehills LLP 19 3.4 4,494 13 22 1.3 2.1 TOTAL 156,811 1,664 83,591 TOTAL 131,326 1,382 175,297 11

Italy Announced Deals (By Deal Count) 01/01/ - 09/30/ Benelux Announced Deals (By Deal Count) 01/01/ - 09/30/ NCTM Studio Legale Associato 1 1.0 513 42 1 1.0 0.0 Allen & Overy LLP 1 17.0 19,546 63 1 13.4 3.6 Chiomenti Studio Legale 2 7.5 3,922 31 2 3.5 4.0 Loyens & Loeff NV 2 13.8 15,871 45 2 4.7 9.1 Orrick Herrington & Sutcliffe LLP 3 1.7 909 24 3 1.3 0.5 Clifford Chance LLP 3 5.4 6,206 35 5 13.7-8.3 Gattai Minoli Agostinelli & Partners 4 14.5 7,597 19 4 0.2 14.3 Houthoff Buruma 4 1.6 1,861 34 3 1.3 0.3 Legance Avvocati Associati 4 8.6 4,482 19 7 3.9 4.7 Stibbe BV 5 2.1 2,403 29 12 8.2-6.2 Jones Day 6 4.3 2,239 17 6 28.2-23.9 Jones Day 6 1.0 1,105 26 4 24.1-23.2 Latham & Watkins LLP 7 6.7 3,490 16 11 1.5 5.2 Latham & Watkins LLP 7 21.1 24,289 21 14 8.3 12.8 CMS 8 1.5 781 15 12 0.4 1.1 CMS 7 0.6 716 21 5 2.9-2.3 Baker & McKenzie LLP 9 0.8 427 14 17 0.6 0.2 Freshfields Bruckhaus Deringer LLP 9 8.5 9,817 20 10 7.1 1.4 White & Case LLP 10 22.1 11,570 13 17 1.4 20.7 Linklaters LLP 10 7.4 8,540 18 7 3.7 3.7 Shearman & Sterling LLP 10 4.2 2,167 13 17 1.9 2.2 De Brauw Blackstone Westbroek NV 11 11.7 13,432 17 16 3.3 8.3 Dentons 12 0.7 349 11 9 0.1 0.5 NautaDutilh NV 11 4.7 5,447 17 8 1.1 3.7 Linklaters LLP 13 9.3 4,873 10 5 18.2-8.9 Baker & McKenzie LLP 13 0.1 113 15 11 3.9-3.8 Clifford Chance LLP 14 2.0 1,059 9 17 1.1 0.9 Kirkland & Ellis LLP 14 12.5 14,442 14 33 3.0 9.5 Allen & Overy LLP 15 4.2 2,189 8 9 0.6 3.6 Dentons 15 1.7 1,894 12 15 3.1-1.4 Noerr LLP 16 0.8 436 5 64 0.1 0.7 Orrick Herrington & Sutcliffe LLP 16 0.2 180 11 28 0.8-0.6 Kirkland & Ellis LLP 16 - - 5 32 - - White & Case LLP 17 5.2 5,993 10 16 5.8-0.6 Bonelli Erede Pappalardo 18 8.0 4,191 4 24 29.8-21.8 Dechert LLP 17 2.5 2,826 10 20 3.0-0.5 Portolano Cavallo Studio Legale 18 0.0 6 4 15 0.0 - Hogan Lovells US LLP 17 1.2 1,347 10 12 0.8 0.4 Cleary Gottlieb Steen & Hamilton LLP 20 4.8 2,521 3 12 46.7-41.9 Hengeler Mueller 17 0.6 725 10 40 3.8-3.2 TOTAL 52,262 596 61,942 TOTAL 115,125 1,250 112,736 Iberia Announced Deals (By Deal Count) 01/01/ - 09/30/ Nordic Announced Deals (By Deal Count) 01/01/ - 09/30/ Cuatrecasas 1 7.3 6,864 83 1 4.8 2.5 White & Case LLP 1 7.4 7,224 38 6 9.5-2.0 Perez-Llorca 2 11.1 10,398 54 4 7.0 4.1 Hannes Snellman Advokatbyra Ab/FI 2 5.6 5,400 30 1 3.1 2.5 Uria Menendez Abogados SLP 3 14.7 13,817 32 3 26.7-12.0 Baker & McKenzie LLP 3 12.6 12,249 29 4 7.1 5.5 Baker & McKenzie LLP 4 0.5 508 15 12 0.9-0.3 Advokatfirman Vinge KB 4 5.2 5,055 28 11 0.1 5.2 Clifford Chance LLP 5 8.1 7,568 12 5 18.5-10.5 Linklaters LLP 5 7.4 7,176 22 8 6.6 0.8 Garrigues Abogados 5 2.0 1,853 12 2 18.0-16.1 Roschier Advokatbyra AB 6 3.4 3,271 18 28 1.4 2.0 Linklaters LLP 7 10.2 9,581 11 6 21.8-11.6 Ellex 6 3.3 3,191 18 13 1.2 2.1 Rousaud Costas Duran Slp 8-4 10 7 0.5-0.5 Freshfields Bruckhaus Deringer LLP 8 2.7 2,627 13 9 25.0-22.3 Allen & Overy LLP 9 4.0 3,738 9 8 12.8-8.8 Kirkland & Ellis LLP 8 2.0 1,982 13 16 0.3 1.8 Kirkland & Ellis LLP 10 6.6 6,187 8 40-6.6 Advokatfirmaet Thommessen AS 8 1.1 1,059 13 3 16.2-15.1 Freshfields Bruckhaus Deringer LLP 10 4.9 4,625 8 10 9.8-4.9 Allen & Overy LLP 11 2.0 1,959 12 6 12.4-10.4 Jones Day 10 1.1 1,062 8 12 3.3-2.2 Jones Day 12 2.7 2,587 10 16 0.3 2.4 PriceWaterhouseCoopers Legal 10 0.2 183 8 - - 0.2 Latham & Watkins LLP 13 7.8 7,578 9 16 3.7 4.1 Herbert Smith Freehills LLP 14 0.1 67 7 18 1.5-1.5 Clifford Chance LLP 13 1.9 1,860 9 16 0.7 1.2 Hogan Lovells US LLP 15 0.6 533 6 11 2.2-1.6 COBALT 13 1.2 1,171 9 9 1.0 0.2 Skadden Arps Slate Meagher & Flom LLP 16 4.0 3,720 5 40-4.0 CMS 13 0.9 902 9 14 1.2-0.3 DLA Piper LLP 17 12.2 11,425 4 12 3.5 8.7 Willkie Farr & Gallagher LLP 17 1.2 1,160 8 44 1.0 0.2 White & Case LLP 17 1.3 1,241 4 15 11.0-9.7 Ashurst LLP 17 0.4 336 8 31 0.0 0.3 Dentons 17 0.2 187 4 15 0.5-0.3 Goodwin Procter LLP 19 0.2 150 7 61-0.2 Goodwin Procter LLP 17 0.2 185 4 40-0.2 Skadden Arps Slate Meagher & Flom LLP 20 2.3 2,200 6 31 6.6-4.3 TOTAL 93,902 594 43,654 TOTAL 97,053 1,439 78,273 12

Eastern Europe Announced Deals (By Deal Count) 01/01/ - 09/30/ Ellex 1 2.0 1,069 49 3 1.0 1.1 Dentons 2 4.4 2,321 31 4 7.1-2.7 COBALT 3 0.2 121 29 2 0.6-0.4 CMS 4 2.6 1,383 22 1 7.9-5.3 SORAINEN 5 2.2 1,140 18 8 1.6 0.6 Allen & Overy LLP 6 6.5 3,430 14 9 5.9 0.6 Baker & McKenzie LLP 6 4.2 2,199 14 5 4.1 0.1 Linklaters LLP 6 3.1 1,624 14 12 1.1 2.0 Clifford Chance LLP 6 1.4 716 14 9 2.3-0.9 White & Case LLP 10 10.5 5,494 12 5 9.8 0.6 Greenberg Traurig LLP 11 3.2 1,697 8 25 0.3 3.0 Noerr LLP 11 0.5 281 8 13 0.6 0.0 Kirkland & Ellis LLP 13 8.3 4,368 6 - - 8.3 Weil Gotshal & Manges LLP 13 5.9 3,112 6 11 1.9 4.0 Hogan Lovells US LLP 13 0.9 473 6 15 0.7 0.2 Jones Day 13 0.9 470 6 17 1.8-0.9 TGS Baltic 13 0.2 86 6 - - 0.2 Schoenherr 13 0.0 13 6 7 1.0-1.0 Freshfields Bruckhaus Deringer LLP 19 8.0 4,228 5 22 1.2 6.8 Latham & Watkins LLP 20 6.6 3,459 3 22 5.2 1.3 TOTAL 52,555 858 35,310 13

APAC M&A Regional Review M&A activity targeting the APAC region for the first 3Q increased by 3.9% year-on-year to $707.27 billion. Deals exceeding $1.0 billion in value increased by 2.8% to 111 deals this quarter. The value of deals targeting Chinese companies or assets accounted for 46.3% of the total deal volume. The financial and industrial sectors were the most targeted industries, accounting for 39.7% of the region's overall volume. The pending acquisition of APA Group led by CK Infrastructure Holdings Ltd for $16.4 billion was the largest deal involving an APAC-based target this year. Private equity deal volume increased by 11.4% year-on-year to $182.91 billion. Sequoia Capital was the most active investor in the first 3Q with its involvement in 57 deals. Summary Date Target Acquirer Seller Number of deals 10,216 Volume (Bln.) $707.4 Avg Deal Size (Mln.) $69.2 Top Adviser King & Wood Mallesons Number of deals 71 Volume (Bln.) $61.3 Avg Deal Size (Bln.) $0.8 APAC M&A: Highlights of 1st 3Q Total Value 8/13/ APA Group Multiple Acquirers - $16,364.9 5/9/ 6/8/ 5/9/ 4/20/ Flipkart Online Services Pvt Ltd Zhejiang Ant Small & Micro Financial Services Group Yantai Wanhua Chemical Co Ltd Inner Mongolia BaoTou Steel Union Co Ltd Walmart Inc Multiple Acquirers - Wanhua Chemical Group Co Ltd Baotou Iron and Steel Group Co Ltd Multiple Sellers $16,000.0 $14,000.0 Multiple Sellers $10,232.7 - $8,151.9 $400 $300 $200 $100 $0 $80 $60 $40 $20 $0 $300 $200 $100 $0 APAC M&A: Quarterly Volume Volume $(Bln.) Australia/NZ M&A: Quarterly Volume Volume $(Bln.) Deal Count Deal Count Greater China M&A: Quarterly Volume 6,000 4,000 2,000 0 600 400 200 0 3000 2000 1000 0 Global M&A Review 1st 3Q APAC Industry Breakdown 2% 0% 7% 7% 25% 8% 12% 14% 12% 13% APAC M&A: Breakdown Financial Industrial Consumer Cyclical Consumer Non-cyclical Communications Basic Materials Technology Energy Utilities Diversified Deal Type Amount (Bln.) % Change % YoY Change Company Takeover $269.4 1.5% -1.1% Cross Border $305.3 0.9% 11.8% Private Equity $182.9-0.3% 11.4% Asset sale $79.3-3.7% -9.2% Tender Offer $31.0-3.1% -17.2% Venture Capital $73.9 4.7% 90.4% Spin-off $7.1-4.5% -83.0% Minority purchase $185.8 6.9% 23.8% Majority purchase $131.7-3.4% -2.1% $150 $100 $50 $0 Volume $(Bln.) Deal Count Japan M&A: Quarterly Volume Volume $(Bln.) Deal Count 1000 500 Graphs represent any regional involvement (target, seller, or acquirer). 0 14

APAC Ex Japan Announced Deals (By Volume) 01/01/ - 09/30/ APAC Ex Japan Announced Deals (By Deal Count) 01/01/ - 09/30/ King & Wood Mallesons 1 6.9 62,748 77 23 2.3 4.6 AZB & Partners 1 3.8 34,335 115 2 3.7 0.1 Kirkland & Ellis LLP 2 5.8 52,447 26 4 5.3 0.5 Herbert Smith Freehills LLP 2 5.3 48,518 97 3 4.0 1.3 Herbert Smith Freehills LLP 3 5.3 48,518 97 11 4.0 1.3 Kim & Chang 3 2.5 22,389 83 1 4.9-2.4 Freshfields Bruckhaus Deringer LLP 4 4.8 43,958 24 1 9.2-4.3 King & Wood Mallesons 4 6.9 62,748 77 9 2.3 4.6 Allens 5 4.6 41,404 52 32 1.8 2.8 Fangda Partners 5 3.4 31,140 70 8 4.8-1.4 Weil Gotshal & Manges LLP 6 4.5 41,277 19 40 1.4 3.1 Khaitan & Co 6 2.7 24,612 67 10 0.5 2.2 Allen & Overy LLP 7 4.3 39,230 37 10 4.1 0.3 Jones Day 7 1.7 15,634 64 16 1.5 0.2 Gibson Dunn & Crutcher LLP 8 4.1 37,127 16 58 0.8 3.3 Shin & Kim 8 1.6 14,247 59 7 1.2 0.4 Shardul Amarchand Mangaldas & Co 9 4.0 35,986 44 22 2.4 1.6 Baker & McKenzie LLP 9 2.3 21,154 58 6 1.9 0.5 Simpson Thacher & Bartlett LLP 10 3.9 35,599 15 15 3.1 0.8 Lee & Ko 9 1.3 11,993 58 4 1.2 0.1 AZB & Partners 11 3.8 34,335 115 12 3.7 0.1 Cyril Amarchand Mangaldas 11 3.0 26,884 57 5 0.8 2.2 Sullivan & Cromwell LLP 12 3.8 34,050 14 28 2.3 1.5 Allens 12 4.6 41,404 52 18 1.8 2.8 Fangda Partners 13 3.4 31,140 70 7 4.8-1.4 J Sagar Associates 13 0.8 6,835 49 28 0.3 0.5 Latham & Watkins LLP 14 3.1 28,300 44 45 1.1 2.0 Gilbert + Tobin 14 2.8 25,724 46 10 1.5 1.4 Cyril Amarchand Mangaldas 15 3.0 26,884 57 59 0.8 2.2 Shardul Amarchand Mangaldas & Co 15 4.0 35,986 44 18 2.4 1.6 Clifford Chance LLP 16 2.8 25,749 34 2 6.3-3.5 Latham & Watkins LLP 15 3.1 28,300 44 26 1.1 2.0 Gilbert + Tobin 17 2.8 25,724 46 39 1.5 1.4 Trilegal 17 2.7 24,206 43 26 0.5 2.2 Khaitan & Co 18 2.7 24,612 67 68 0.5 2.2 Bae Kim & Lee 17 1.2 10,678 43 12 1.1 0.1 DLA Piper LLP 19 2.7 24,459 22 54 0.9 1.8 Ashurst LLP 19 1.5 13,782 38 17 2.8-1.3 Trilegal 20 2.7 24,206 43 74 0.5 2.2 Allen & Overy LLP 20 4.3 39,230 37 14 4.1 0.3 TOTAL 908,949 10,224 836,324 TOTAL 908,949 10,224 836,324 APAC Private Equity Announced Deals (By Volume) 01/01/ - 09/30/ Kirkland & Ellis LLP 1 13.8 41,894 22 6 12.2 1.6 Weil Gotshal & Manges LLP 2 13.3 40,461 17 28 4.1 9.2 Gibson Dunn & Crutcher LLP 3 12.6 38,255 12 76 0.5 12.1 Simpson Thacher & Bartlett LLP 4 11.4 34,565 11 9 10.3 1.1 Fangda Partners 5 8.3 25,345 36 26 5.0 3.3 Latham & Watkins LLP 6 8.2 24,921 34 32 2.6 5.6 King & Wood Mallesons 7 8.2 24,918 18 82 0.3 7.9 Allen & Overy LLP 8 7.4 22,424 11 19 6.5 0.9 Gilbert + Tobin 9 7.2 21,783 13 41 2.1 5.1 Shardul Amarchand Mangaldas & Co 10 7.1 21,618 19 48 1.6 5.5 Clifford Chance LLP 11 6.7 20,428 19 2 17.0-10.2 Trilegal 12 6.7 20,339 21 56 1.0 5.7 Fried Frank Harris Shriver & Jacobson LLP 13 6.6 20,205 4 111 0.1 6.5 Khaitan & Co 14 6.5 19,806 27 53 1.3 5.2 Sullivan & Cromwell LLP 15 6.5 19,640 7 64 0.9 5.6 Cyril Amarchand Mangaldas 16 6.2 18,896 28 63 0.9 5.3 Hogan Lovells US LLP 17 6.1 18,578 10 51 1.5 4.6 White & Case LLP 18 6.1 18,502 9 33 2.5 3.5 Morrison & Foerster LLP 19 6.1 18,484 18 1 18.6-12.6 Norton Rose Fulbright LLP 20 5.9 17,951 6 75 0.5 5.4 TOTAL 304,498 2,398 263,830 15

AU & NZ Announced Deals (By Volume) 01/01/ - 09/30/ AU & NZ Announced Deals (By Deal Count) 01/01/ - 09/30/ Herbert Smith Freehills LLP 1 30.3 43,462 81 1 36.5-6.3 Herbert Smith Freehills LLP 1 30.3 43,462 81 1 36.5-6.3 Allens 2 28.6 41,134 50 3 21.0 7.7 King & Wood Mallesons 2 28.3 40,613 55 7 6.7 21.6 King & Wood Mallesons 3 28.3 40,613 55 7 6.7 21.6 Allens 3 28.6 41,134 50 3 21.0 7.7 Freshfields Bruckhaus Deringer LLP 4 19.5 28,063 3 17 2.3 17.3 Gilbert + Tobin 4 6.1 8,724 45 2 17.4-11.3 Minter Ellison 5 11.7 16,780 27 18 1.9 9.8 HWL Ebsworth Lawyers 5 0.4 631 32 6 2.8-2.3 DLA Piper LLP 6 8.4 12,005 12 13 3.2 5.2 Ashurst LLP 6 7.9 11,375 29 3 26.7-18.8 Baker & McKenzie LLP 7 8.4 11,989 15 6 7.6 0.8 Minter Ellison 7 11.7 16,780 27 5 1.9 9.8 Linklaters LLP 8 8.4 11,987 12 10 3.7 4.6 Corrs Chambers Westgarth 8 0.9 1,235 25 8 1.4-0.5 Ashurst LLP 9 7.9 11,375 29 2 26.7-18.8 Jones Day 9 0.6 924 24 13 1.8-1.2 Baker Botts LLP 10 7.5 10,800 2 - - 7.5 Chapman Tripp 10 2.2 3,159 19 10 2.6-0.4 Sullivan & Cromwell LLP 11 7.5 10,730 3 45 0.3 7.2 Baker & McKenzie LLP 11 8.4 11,989 15 11 7.6 0.8 Kirkland & Ellis LLP 12 7.2 10,319 8 25 1.2 6.0 Norton Rose Fulbright LLP 11 0.6 911 15 15 0.3 0.4 Kromann Reumert I/S 13 7.0 10,049 1 - - 7.0 Thomson Geer 13 0.1 202 14 - - 0.1 Gilbert + Tobin 14 6.1 8,724 45 4 17.4-11.3 DLA Piper LLP 14 8.4 12,005 12 9 3.2 5.2 Cravath Swaine & Moore LLP 15 5.7 8,184 2 - - 5.7 Linklaters LLP 14 8.4 11,987 12 20 3.7 4.6 Cleary Gottlieb Steen & Hamilton LLP 16 5.3 7,554 2 24 1.3 3.9 Allen & Overy LLP 16 1.6 2,324 11 12 14.8-13.2 Faegre Baker Daniels LLP 17 5.1 7,368 1 - - 5.1 Arnold Bloch Leibler 16 0.8 1,141 11 18 0.8-0.1 Clifford Chance LLP 18 2.8 4,061 7 11 3.6-0.8 Clayton Utz 18 2.8 4,014 9 35 0.1 2.7 Clayton Utz 19 2.8 4,014 9 70 0.1 2.7 Kirkland & Ellis LLP 19 7.2 10,319 8 26 1.2 6.0 Chapman Tripp 20 2.2 3,159 19 15 2.6-0.4 Blake Cassels & Graydon LLP 19 1.7 2,433 8 26 0.0 1.7 TOTAL 143,621 1,380 69,828 TOTAL 143,621 1,380 69,828 Japan Announced Deals (By Volume) 01/01/ - 09/30/ Japan Announced Deals (By Deal Count) 01/01/ - 09/30/ Nishimura & Asahi 1 42.6 97,489 81 3 21.4 21.2 Nagashima Ohno & Tsunematsu 1 42.5 97,326 102 3 22.8 19.7 Nagashima Ohno & Tsunematsu 2 42.5 97,326 102 2 22.8 19.7 Mori Hamada & Matsumoto 2 41.5 95,041 92 1 7.1 34.4 Fried Frank Harris Shriver & Jacobson LLP 3 42.1 96,435 3 20 3.5 38.6 Nishimura & Asahi 3 42.6 97,489 81 2 21.4 21.2 Mori Hamada & Matsumoto 4 41.5 95,041 92 16 7.1 34.4 Anderson Mori & Tomotsune 4 3.1 7,120 69 4 3.0 0.1 Sullivan & Cromwell LLP 5 38.5 88,151 5 19 3.8 34.7 Morrison & Foerster LLP 5 8.5 19,534 23 5 29.2-20.7 Latham & Watkins LLP 6 38.2 87,528 13 35 2.7 35.6 Jones Day 6 0.6 1,389 18 6 10.2-9.6 Linklaters LLP 7 36.8 84,374 7 9 12.7 24.1 Herbert Smith Freehills LLP 7 1.7 3,862 17 14 2.8-1.1 Slaughter and May 8 35.6 81,610 3 - - 35.6 Latham & Watkins LLP 8 38.2 87,528 13 10 2.7 35.6 Davis Polk & Wardwell LLP 9 35.4 81,178 4 14 9.9 25.6 Shearman & Sterling LLP 9 0.8 1,881 12 10 6.9-6.1 Mourant Ozzannes 10 35.1 80,435 1 - - 35.1 Baker & McKenzie LLP 10 1.1 2,455 10 10 3.0-1.9 Barbosa Mussnich & Aragao 10 35.1 80,435 2 - - 35.1 TMI Associates 10 0.5 1,116 10 19 2.1-1.6 Allen & Overy LLP 12 9.0 20,683 9 24 3.3 5.8 Allen & Overy LLP 12 9.0 20,683 9 7 3.3 5.8 Morrison & Foerster LLP 13 8.5 19,534 23 1 29.2-20.7 Freshfields Bruckhaus Deringer LLP 13 2.7 6,286 8 18 17.4-14.7 Gibson Dunn & Crutcher LLP 14 8.5 19,410 5 89 0.1 8.3 Morgan Lewis & Bockius LLP 13 0.3 730 8 19 0.8-0.5 Allen & Gledhill LLP 15 7.8 17,919 6 106 0.1 7.8 Linklaters LLP 15 36.8 84,374 7 37 12.7 24.1 Kirkland & Ellis LLP 16 7.7 17,600 7 32 2.9 4.8 Kirkland & Ellis LLP 15 7.7 17,600 7 26 2.9 4.8 Trilegal 17 7.3 16,665 7 52 1.1 6.1 Trilegal 15 7.3 16,665 7 37 1.1 6.1 Dentons 18 7.0 16,105 6 127-7.0 Skadden Arps Slate Meagher & Flom LLP 15 2.1 4,749 7 8 12.4-10.3 Shardul Amarchand Mangaldas & Co 19 7.0 16,078 3 54 1.0 6.0 Hibiya-Nakata 15 0.4 845 7 8 0.5-0.2 Cyril Amarchand Mangaldas 20 7.0 16,011 2 69 0.4 6.6 Ashurst LLP 15 0.2 536 7 26 1.6-1.4 TOTAL 229,039 2,393 142,360 TOTAL 229,039 2,393 142,360 16

South Korea Announced Deals (By Volume) 01/01/ - 09/30/ South Korea Announced Deals (By Deal Count) 01/01/ - 09/30/ Kim & Chang 1 30.5 22,389 83 1 42.9-12.5 Kim & Chang 1 30.5 22,389 83 1 42.9-12.5 Shin & Kim 2 19.4 14,247 59 12 10.2 9.2 Shin & Kim 2 19.4 14,247 59 3 10.2 9.2 Lee & Ko 3 16.3 11,993 58 11 11.0 5.4 Lee & Ko 3 16.3 11,993 58 2 11.0 5.4 Bae Kim & Lee 4 14.5 10,673 42 13 9.3 5.3 Bae Kim & Lee 4 14.5 10,673 42 4 9.3 5.3 Latham & Watkins LLP 5 5.6 4,098 2 76-5.6 Yulchon LLC 5 3.1 2,309 27 5 3.4-0.3 Paul Weiss Rifkind Wharton & Garrison LLP 6 4.7 3,460 2 21 2.7 2.1 Yoon & Yang LLC 6 0.8 559 19 6 2.4-1.6 Greenberg Traurig LLP 7 4.2 3,100 2 - - 4.2 JIPYONG LLC 7 0.7 544 17 7 1.0-0.3 Sullivan & Cromwell LLP 7 4.2 3,100 1 27 1.7 2.6 Clifford Chance LLP 8 2.6 1,877 4 11 5.4-2.8 Alston & Bird LLP 7 4.2 3,100 1 - - 4.2 O'Melveny & Myers LLP 8 0.9 641 4 11 1.5-0.6 Yulchon LLC 10 3.1 2,309 27 18 3.4-0.3 Kim Choi & Lim 8 0.3 189 4 10 0.3 0.0 Gibson Dunn & Crutcher LLP 11 2.7 2,000 2 - - 2.7 Shearman & Sterling LLP 11 2.5 1,824 3 22 0.4 2.1 Ropes & Gray LLP 11 2.7 2,000 2 2 23.9-21.2 Jones Day 11 0.1 101 3 11 2.5-2.4 Hughes Hubbard & Reed LLP 11 2.7 2,000 1 21 2.7 0.1 Latham & Watkins LLP 13 5.6 4,098 2 11-5.6 Clifford Chance LLP 14 2.6 1,877 4 14 5.4-2.8 Paul Weiss Rifkind Wharton & Garrison LLP 13 4.7 3,460 2 42 2.7 2.1 Shearman & Sterling LLP 15 2.5 1,824 3 38 0.4 2.1 Greenberg Traurig LLP 13 4.2 3,100 2 - - 4.2 Freshfields Bruckhaus Deringer LLP 16 2.0 1,484 2 5 22.0-20.0 Gibson Dunn & Crutcher LLP 13 2.7 2,000 2 - - 2.7 Hengeler Mueller 17 1.7 1,235 1 76-1.7 Ropes & Gray LLP 13 2.7 2,000 2 8 23.9-21.2 Osler Hoskin & Harcourt LLP 17 1.7 1,235 1 - - 1.7 Freshfields Bruckhaus Deringer LLP 13 2.0 1,484 2 17 22.0-20.0 Blake Cassels & Graydon LLP 17 1.7 1,235 1 69 0.0 1.7 Fangda Partners 13 0.8 601 2 - - 0.8 Nishimura & Asahi 20 0.9 656 1 6 20.2-19.3 Fenwick & West LLP 13 0.8 575 2 22 0.2 0.6 TOTAL 73,446 1,342 94,480 TOTAL 73,446 1,342 94,480 China Announced Deals (By Volume) 01/01/ - 09/30/ China Announced Deals (By Deal Count) 01/01/ - 09/30/ Fangda Partners 1 7.0 30,832 67 2 8.4-1.4 Fangda Partners 1 7.0 30,832 67 1 8.4-1.4 King & Wood Mallesons 2 5.2 22,870 24 13 3.5 1.7 Grandall Law Firm 2 2.2 9,576 32 2 2.7-0.5 Weil Gotshal & Manges LLP 3 4.9 21,739 9 55 0.5 4.5 King & Wood Mallesons 3 5.2 22,870 24 3 3.5 1.7 Clifford Chance LLP 4 4.2 18,664 12 3 8.2-4.0 Latham & Watkins LLP 4 1.1 4,649 19 8 0.7 0.3 White & Case LLP 5 3.7 16,360 6 49 0.7 3.0 Paul Weiss Rifkind Wharton & Garrison LLP 5 1.1 4,986 16 23 1.2 0.0 Sullivan & Cromwell LLP 6 3.6 16,020 8 15 3.3 0.3 JunHe LLP 6 2.3 10,322 14 28 4.0-1.6 Morrison & Foerster LLP 7 3.4 14,843 11 7 4.7-1.3 Haiwen & Partners 6 2.0 8,678 14 16 1.3 0.7 Simpson Thacher & Bartlett LLP 8 3.2 14,185 5 12 3.5-0.3 Baker & McKenzie LLP 8 0.8 3,361 13 16 1.3-0.5 DLA Piper LLP 9 2.7 11,954 7 37 0.9 1.9 Sidley Austin LLP 8 0.6 2,588 13 33 0.6 0.0 JunHe LLP 10 2.3 10,322 14 8 4.0-1.6 Clifford Chance LLP 10 4.2 18,664 12 6 8.2-4.0 Zhongzi Law Office 11 2.3 10,233 1 105 0.1 2.3 Tian Yuan Law Firm 10 1.9 8,365 12 53 0.1 1.8 Grandall Law Firm 12 2.2 9,576 32 18 2.7-0.5 Jones Day 10 1.4 6,225 12 16 1.1 0.4 Haiwen & Partners 13 2.0 8,678 14 29 1.3 0.7 Jingtian & Gongcheng 10 0.3 1,271 12 11 0.2 0.1 Tian Yuan Law Firm 14 1.9 8,365 12 90 0.1 1.8 Morrison & Foerster LLP 14 3.4 14,843 11 45 4.7-1.3 Jia Yuan Law Firm 15 1.8 7,854 10 22 1.7 0.1 Jia Yuan Law Firm 15 1.8 7,854 10 11 1.7 0.1 Skadden Arps Slate Meagher & Flom LLP 16 1.6 7,233 9 6 5.8-4.1 Linklaters LLP 15 0.9 3,991 10 23 1.7-0.8 Davis Polk & Wardwell LLP 17 1.5 6,452 8 5 6.7-5.2 Weil Gotshal & Manges LLP 17 4.9 21,739 9 38 0.5 4.5 Jones Day 18 1.4 6,225 12 35 1.1 0.4 Skadden Arps Slate Meagher & Flom LLP 17 1.6 7,233 9 8 5.8-4.1 Freshfields Bruckhaus Deringer LLP 19 1.3 5,593 8 1 8.7-7.4 Herbert Smith Freehills LLP 17 0.7 2,971 9 28 1.4-0.7 Fasken Martineau DuMoulin LLP 20 1.2 5,315 2 - - 1.2 Zhong Lun Law Firm 17 0.5 2,276 9 3 1.4-0.9 TOTAL 440,867 4,304 474,537 TOTAL 440,867 4,304 474,537 17