Citi Depositary Receipt Services Year-End 2017 Report

DR ACCESS PRODUCTS ABOUT CITI DEPOSITARY RECEIPT SERVICES INTERNATIONAL INVESTING TRENDS REGIONAL TRENDS GLOBAL DR TRENDS DR IPOs (in USD Millions) 1 DR Follow-On Offerings (in USD Millions) 1,2 Global DR Capital Raisings by Industry INDUSTRY 2017 VALUE Energy $1,570 Software & Services $1,543 Financials $1,478 Pharmaceuticals, Biotechnology $1,040 Industrials $1,017 Consumer Discretionary $895 Semiconductors $469 Transportation $421 Technology Hardware & Equipment $272 Industrials, Metals & Mining $200 INDUSTRY 2017 VALUE Financials $1,872 Pharmaceuticals, Biotechnology $1,428 Software & Services $681 Banks $510 Health Care $388 Consumer Discretionary $337 Transportation $327 Telecommunication Services $263 Electronics $236 Travel & Leisure $172 2 Defined as capital raising at the time of listing of additional DR securities including rights offerings and private placements. 19 Citi Depositary Receipt Services Year-End 2017 Report