Citi Depositary Receipt Services Year End 2020 Report

DR ACCESS PRODUCTS ABOUT CITI DEPOSITARY RECEIPT SERVICES INTERNATIONAL INVESTING TRENDS GLOBAL DR TRENDS Current GDN Markets 1 Despite challenging market conditions for local-currency emerging market debt in 2020, the GDN product continued to grow in terms of GDNs issued and geographies in which Citi established GDN depositary bank capabilities. LATAM Chile Colombia Costa Rica Dominican Republic Ecuador El Salvador Guatemala Jamaica Mexico (Pemex) Panama Paraguay Peru Uruguay EMEA Ghana Kazakhstan Nigeria Pakistan Rwanda Turkey Uganda Ukraine Zambia Asia-Pacific Philippines Sri Lanka Vietnam 1 Date as of December 31, 2020. 23 Citi Depositary Receipt Services Year-End 2020 Report