Year-End 2018 Report

26 3. Regional Trends I n line with our predictions, we saw mounting investor focus on environmental, social and governance performance of companies, with governance being the most influential factor when making investment decisions. MiFID II and shareholder activism continue to be topics we discuss with our clients globally. We expect those subjects to continue to dominate in 2019.” Beate Melten Global Head of Investor Relations Advisory Citi Depositary Receipt Services