Year-End 2018 Report

Most Liquid DR Exchanges DR Trading Value 1 DR Trading Volume 1 NYSE NASDAQ LSE OTC 6 % 2 % 26 % 66 % NYSE NASDAQ LSE OTC 7 % 5 % 19 % 69 % Total DR Value: $4.3T Total DR Volume: 162.7B DRs Traded DR Liquidity Highlights Trading Value • Up 25% from 2017 primarily due to increases in DR trading value on NYSE • 56% of total from Asia-Pacific • 33% of total from EMEA • 11% of total from LATAM Trading Volume • Up 11% from 2017 primarily due to increase in DR trading volume on NYSE and NASDAQ • 33% of total from Asia-Pacific • 39% of total from EMEA • 28% of total from LATAM Global DR Liquidity (cont.) 10

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