Documents in the Epstein records · document

a small portion of which is germane to his apparent

document fied information House Oversight Committee — Epstein Estate Records (Nov 2025) 1 pp.

a small portion of which is germane to his apparent

there’s two ways. There’s two ways you C

document DOBBS: Um House Oversight Committee — Epstein Estate Records (Nov 2025) 1 pp.

there’s two ways. There’s two ways you C

youre just a witness. I’m talking to you as

document RECAREY: Right now House Oversight Committee — Epstein Estate Records (Nov 2025) 1 pp.

youre just a witness. I’m talking to you as

Z42014k ar* 29x1t=11. Sctin4eetisiMit.tt's4km anc

document 144411 nvw . House Oversight Committee — Epstein Estate Records (Nov 2025) 1 pp.

Z42014k ar* 29x1t=11. Sctin4eetisiMit.tt's4km anc

during the MSCI UAE and Qatar inclusions

document 5. In comparison House Oversight Committee — Epstein Estate Records (Nov 2025) 1 pp.

during the MSCI UAE and Qatar inclusions

potential active and passive inflows can total $15-$40bn. So the potential of at

document to $5bn . Combined with the MSCI announcement later this year House Oversight Committee — Epstein Estate Records (Nov 2025) 1 pp.

potential active and passive inflows can total $15-$40bn. So the potential of at

and preserve OPEC's long-run market share

document in backwardation House Oversight Committee — Epstein Estate Records (Nov 2025) 1 pp.

and preserve OPEC's long-run market share.

our sector preference is tilted towards the banks and petchems

document yields. In this regard House Oversight Committee — Epstein Estate Records (Nov 2025) 1 pp.

our sector preference is tilted towards the banks and petchems

our preference lies with companies offering strong earnings and FCF momentum

document Within the Saudi market House Oversight Committee — Epstein Estate Records (Nov 2025) 1 pp.

our preference lies with companies offering strong earnings and FCF momentum

an expansionary budget and a more pedestrian pace of austerity implementation; and

document back of reform programs House Oversight Committee — Epstein Estate Records (Nov 2025) 1 pp.

an expansionary budget and a more pedestrian pace of austerity implementation; and

with the Saudi market now trading at a mere 3% premium to GEMs versus a

document global investors. Our views are based on: (1) attractive valuation House Oversight Committee — Epstein Estate Records (Nov 2025) 1 pp.

with the Saudi market now trading at a mere 3% premium to GEMs versus a

4) phasing out of the Royal Order next year

document crackdown; and House Oversight Committee — Epstein Estate Records (Nov 2025) 1 pp.

4) phasing out of the Royal Order next year.

d) the launch of mega-projects. The latter

document Living Allowances and Private Sector Support programs; c) introduction of structural reforms; and House Oversight Committee — Epstein Estate Records (Nov 2025) 1 pp.

d) the launch of mega-projects. The latter

index events make us positive Saudi stocks. Prefer banks

document • Earnings momentum House Oversight Committee — Epstein Estate Records (Nov 2025) 1 pp.

index events make us positive Saudi stocks. Prefer banks

contain near-term deterioration. Mega-projects offer upside potential

document • Growth recovers as high oil prices allow looser fiscal House Oversight Committee — Epstein Estate Records (Nov 2025) 1 pp.

contain near-term deterioration. Mega-projects offer upside potential

particularly a second tranche of substantial gov receivable recoveries in Ql

document • Al Tayyar : Stock will see a slew of positive catalysts over the next two quarters House Oversight Committee — Epstein Estate Records (Nov 2025) 1 pp.

particularly a second tranche of substantial gov receivable recoveries in Ql.

and new team in place. Significant government receivables recovery to drive stock price for next two

document previous IR House Oversight Committee — Epstein Estate Records (Nov 2025) 1 pp.

and new team in place. Significant government receivables recovery to drive stock price for next two quarters

prices up 18% YTD) providing a healthy tailwind to earnings this year

document • Yansab: Given robust MEG pricing outlook (40% of profits House Oversight Committee — Epstein Estate Records (Nov 2025) 1 pp.

prices up 18% YTD) providing a healthy tailwind to earnings this year

std comm applies; also accessible on fully funded Luxembourg-listed warrant (MERRI1DT LX)

document • Tradable on swap at lmL+90bps House Oversight Committee — Epstein Estate Records (Nov 2025) 1 pp.

std comm applies; also accessible on fully funded Luxembourg-listed warrant (MERRI1DT LX)

that will rebalance into the full MSCI EM index upon inclusion

document • 32-name MSCI-owned index House Oversight Committee — Epstein Estate Records (Nov 2025) 1 pp.

that will rebalance into the full MSCI EM index upon inclusion