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BofA Merrill Lynch · 65 Merrill Lynch · 61 Bank of America Merrill Lynch · 26 BofA Merrill Lynch Global Research · 22 Merrill Lynch, Pierce, Fenner & Smith Incorporated · 12 Apollo Global Management · 8

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document BofA Merrill Lynch House Oversight Committee — Epstein Estate Records (Nov 2025)

through business units other than BofA Merrill Lynch Global Research

ONS. standard deviations from average. Source: BofA Merrill Lynch Global Research

document Global Research House Oversight Committee — Epstein Estate Records (Nov 2025)

ONS. standard deviations from average. Source: BofA Merrill Lynch Global Research

BofA Merrill Lynch Global Research estimates; Note: **March data is month to date

document Source: Smith Travel Research (STR) House Oversight Committee — Epstein Estate Records (Nov 2025)

BofA Merrill Lynch Global Research estimates; Note: **March data is month to date

BofA Merrill Lynch Global Research. Implied rate of return on SAMA reserve assets

document Source: Haver House Oversight Committee — Epstein Estate Records (Nov 2025)

BofA Merrill Lynch Global Research. Implied rate of return on SAMA reserve assets

BofA Merrill Lynch Global Research. Data as of 2015

document Source: MoF House Oversight Committee — Epstein Estate Records (Nov 2025)

BofA Merrill Lynch Global Research. Data as of 2015.

BofA Merrill Lynch Global Research. Propane

document Source: SPA House Oversight Committee — Epstein Estate Records (Nov 2025)

BofA Merrill Lynch Global Research. Propane

BofA Merrill Lynch Global Research. Data as of 2010

document Source: UN House Oversight Committee — Epstein Estate Records (Nov 2025)

BofA Merrill Lynch Global Research. Data as of 2010.

BofA Merrill Lynch Global Research.*Market cap as % of MSCI EM represents and artificially construct

document Source: EPFR House Oversight Committee — Epstein Estate Records (Nov 2025)

BofA Merrill Lynch Global Research.*Market cap as % of MSCI EM represents and artificially constructed benchmark weight

BofA Merrill Lynch Global Research. US spot refers to natural gas prices of US$2.6/mn BTU. The US$2.

document Source: IHS Chemical House Oversight Committee — Epstein Estate Records (Nov 2025)

BofA Merrill Lynch Global Research. US spot refers to natural gas prices of US$2.6/mn BTU. The US$2.5bn feedstock

BofA Merrill Lynch Global Research Source: SEC

document Source: SEC House Oversight Committee — Epstein Estate Records (Nov 2025)

BofA Merrill Lynch Global Research Source: SEC

BofA Merrill Lynch Global Research Source: Eurostat

document Source: Eurostat House Oversight Committee — Epstein Estate Records (Nov 2025)

BofA Merrill Lynch Global Research Source: Eurostat

000 Source: BofA Merrill Lynch Global Research

document 50 House Oversight Committee — Epstein Estate Records (Nov 2025)

000 Source: BofA Merrill Lynch Global Research

BofA Merrill Lynch Global Research Source: Saudi Aramco

document Source: Saudi Aramco House Oversight Committee — Epstein Estate Records (Nov 2025)

BofA Merrill Lynch Global Research Source: Saudi Aramco

company report Source: BofA Merrill Lynch Global Research estimates

document Source: BofA Merrill Lynch Global Research estimates House Oversight Committee — Epstein Estate Records (Nov 2025)

company report Source: BofA Merrill Lynch Global Research estimates

Unauthorized redistribution of this report is prohibited. This report is intended for kaasha.saini@b

document IMAGES-003-HOUSE_OVERSIGHT_014721.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…rience in FX markets and the financial resources to absorb any losses arising from applying these ideas or strategies. BofA Merrill Lynch does and seeks to do business with issuers covered in its research reports. As a result, investors should be aware that the firm may have a c...