Results for “Merrill Lynch (Asia Pacific) Limited”

…ISTRATION / CFO Kranz & Associates LEGAL Sidley Austin TAX / AUDIT Crawford Pimintel BANK Silicon Valley Bank CUSTODIAN Merrill Lynch BTC VAULT Xapo & BitGo ONE FERRY BUILDING, SUITE 255 SAN FRANCISCO, CA 94111 [email protected] 17 USE CASES FOR BLOCKCHAIN TECHNOLOGY Fi...

… take the form of liquidity injection, possibly through repo operations for the |OUs. Although unconventional, this OS Merrill Lynch GEMs Paper #26 | 30 June 2016 29 HOUSE_OVERSIGHT_016139

… higher geopolitical risk and defense spending is probably less bearish USD/JPY than Japanese equities. Bankof America Merrill Lynch Japan Macro Watch | 14 November 2016 5 HOUSE_OVERSIGHT_014428

… indirectly, related to the specific recommendations or view expressed in this research report. Bankof America <> ; re Merrill Lynch Global Equity Volatility Insights |09 August 2016 23 HOUSE_OVERSIGHT_026000

…r rentals and other we estimate $32mn in revenue, up 75% y/y. 48 Internet/e-Commerce | 06 April 2017 Bankof America <2 Merrill Lynch HOUSE_OVERSIGHT_014934

… we think deceleration could persist through 2Q17, after which the y/y growth comps ease considerably. Bankof America Merrill Lynch Internet/e-Commerce | 06 April2017 =—-11 HOUSE_OVERSIGHT_014897

… -13% 48 -56% 5% FIT 26% 4% -29% 3.1 NA -271% TRIP 16% 5% -12% 29 -21% 11% TWIR 11% 3% -11% 25 -55% -1% Source: BofA Merrill Lynch Global Research, Bloomberg, as of 4/4/2017 mavilige 2 Internet/e-Commerce | 06 April 2017 9 HOUSE_OVERSIGHT_014895

… registered securities dealer under the Financial Instruments and Exchange Act in Japan; is distributed in Hong Kong by Merrill Lynch (Hong Kong)

…base® are registered service marks of Bank of America Corporation. This research report is prepared for the use of BofA Merrill Lynch clients and may not be redistributed

estimates or price targets) without first obtaining expressed permission from an authorized officer of BofA Merrill Lynch.

… research analysts has any authority whatsoever to make any representation or warranty on behalf of the issuer(s). BofA Merrill Lynch

estimates or price targets) without first obtaining expressed permission from an authorized officer of BofA Merrill Lynch.

…commendations or view expressed in this research report. Bankof America 18 Top 10 US Ideas Quarterly | 03 January 2017 Merrill Lynch HOUSE_OVERSIGHT_014639

… 36.62 57,661.14 1,090.44 45 385.74 1Wk Change 1.15% 0.62% 1.72% -1.16% 1Mth Change 786% 11.22% 144% 0.12% Source: BofA Merrill Lynch Global Research 22 Global Equity Volatility Insights | 09 August 2016 (pertain HOUSE_OVERSIGHT_025999

… GAAP profitability, and 4) delayed on-demand service launch BankofAmerica <2” 56 Internet/e-Commerce | 06 April 2017 Merrill Lynch HOUSE_OVERSIGHT_014942