Mid-Year Report

DR ACCESS PRODUCTS ABOUT CITI DEPOSITARY RECEIPT SERVICES INTERNATIONAL INVESTING TRENDS GLOBAL DR TRENDS Holder Name Country Investment Style Investor Type Value of DRs Held (USD Billions) Fisher Investments US GARP Mutual Fund $28.0 The Vanguard Group, Inc. US Index Mutual Fund $27.2 BlackRock Fund Advisors US Index Mutual Fund $26.7 Fidelity Management & Research Company US Growth Mutual Fund $26.2 Baillie Gifford & Company UK Growth Mutual Fund $23.7 T. Rowe Price Associates, Inc. US Growth Mutual Fund $23.6 Capital World Investors (U.S.) US Value Mutual Fund $22.8 Capital Research Global Investors (U.S.) US GARP Mutual Fund $17.6 Dodge & Cox US Value Mutual Fund $17.5 State Street Global Advisors (SSgA) US Index Mutual Fund $15.9 Top Institutional Holders of DRs by Holder 1,2 Citi Depositary Receipt Services Mid-Year 2019 Report 29