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      <h2>European Market Abuse Regulation Specific Disclosures</h2>
      <br>
      <p>On a periodic basis we provide summaries of the publications provided by MUFG Securities for the preceding 12 months.</p>
      <p>Please see our summarised information below.</p>
      <h3>Sales and Trading Publications</h3>
      <b><span id="MainContent_SummaryRepeater_ASPxLabelHeader_0">01 July 17 - 30 September 17</span></b>
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                            <td class="dx-wrap">Coverage Universe</td>
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      <br>
      <b><span id="MainContent_SummaryRepeater_ASPxLabelHeader_1">31 March 17 - 30 June 17</span></b>
      <br>
      <br>
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                    <td id="MainContent_SummaryRepeater_ASPxGridViewCredit_1_col6" class="dxgvHeader dx-wrap" style="width:80px;border-top-width:0px;border-left-width:0px;border-right-width:0px;">
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                    <td class="dxgv" align="right">33</td>
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                    <td class="dxgv" align="right" style="border-bottom-width:0px;">8</td>
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      <br>
      <b><span id="MainContent_SummaryRepeater_ASPxLabelHeader_2">01 January 17 - 31 March 17</span></b>
      <br>
      <br>
      <table class="dxgvControl dxgv" cellspacing="0" cellpadding="0" id="MainContent_SummaryRepeater_ASPxGridViewCredit_2" style="border-collapse:collapse;border-collapse:separate;">
        <tbody>
          <tr>
            <td>
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                    <td id="MainContent_SummaryRepeater_ASPxGridViewCredit_2_col0" class="dxgvHeader dx-wrap" rowspan="2" style="border-top-width:0px;border-left-width:0px;">
                      <table cellspacing="0" cellpadding="0" style="width:100%;border-collapse:collapse;">
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                          <tr>
                            <td class="dx-wrap">Category</td>
                            <td style="width:1px;text-align:right;"><span class="dx-vam">&nbsp;</span></td>
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                          <tr>
                            <td class="dx-wrap">Count</td>
                            <td style="width:1px;text-align:right;"><span class="dx-vam">&nbsp;</span></td>
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                      <table cellspacing="0" cellpadding="0" style="width:100%;border-collapse:collapse;">
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                          <tr>
                            <td class="dx-wrap">Total %</td>
                            <td style="width:1px;text-align:right;"><span class="dx-vam">&nbsp;</span></td>
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                      <table cellspacing="0" cellpadding="0" style="width:100%;border-collapse:collapse;">
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                          <tr>
                            <td class="dx-wrap">Count</td>
                            <td style="width:1px;text-align:right;"><span class="dx-vam">&nbsp;</span></td>
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                    <td id="MainContent_SummaryRepeater_ASPxGridViewCredit_2_col6" class="dxgvHeader dx-wrap" style="width:80px;border-top-width:0px;border-left-width:0px;border-right-width:0px;">
                      <table cellspacing="0" cellpadding="0" style="width:100%;border-collapse:collapse;">
                        <tbody>
                          <tr>
                            <td class="dx-wrap">Total %</td>
                            <td style="width:1px;text-align:right;"><span class="dx-vam">&nbsp;</span></td>
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                  <tr id="MainContent_SummaryRepeater_ASPxGridViewCredit_2_DXDataRow0" class="dxgvDataRow" style="">
                    <td class="dxgv">Negative/Underweight/Sell</td>
                    <td class="dxgv" align="right">14</td>
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                    <td class="dxgv">Neutral/Equal-weight/Hold</td>
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                    <td class="dxgv" align="right">32</td>
                    <td class="dxgv" align="right">12</td>
                    <td class="dxgv" align="right" style="border-right-width:0px;">50</td>
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                    <td class="dxgv" style="border-bottom-width:0px;">Positive/Over-weight/Buy</td>
                    <td class="dxgv" align="right" style="border-bottom-width:0px;">38</td>
                    <td class="dxgv" align="right" style="border-bottom-width:0px;">50</td>
                    <td class="dxgv" align="right" style="border-bottom-width:0px;">16</td>
                    <td class="dxgv" align="right" style="border-right-width:0px;border-bottom-width:0px;">42</td>
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              <table id="MainContent_SummaryRepeater_ASPxGridViewCredit_2_LP" class="dxgvLoadingPanel" cellspacing="0" cellpadding="0" style="border-collapse:collapse;left:0px;top:0px;z-index:30000;display:none;">
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                    <td class="dx" style="padding-left:0px;"><span id="MainContent_SummaryRepeater_ASPxGridViewCredit_2_TL">Loading…</span></td>
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      <br>
      <b><span id="MainContent_SummaryRepeater_ASPxLabelHeader_3">01 October 16 - 31 December 16</span></b>
      <br>
      <br>
      <table class="dxgvControl dxgv" cellspacing="0" cellpadding="0" id="MainContent_SummaryRepeater_ASPxGridViewCredit_3" style="border-collapse:collapse;border-collapse:separate;">
        <tbody>
          <tr>
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                    <td id="MainContent_SummaryRepeater_ASPxGridViewCredit_3_col6" class="dxgvHeader dx-wrap" style="width:80px;border-top-width:0px;border-left-width:0px;border-right-width:0px;">
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                            <td class="dx-wrap">Total %</td>
                            <td style="width:1px;text-align:right;"><span class="dx-vam">&nbsp;</span></td>
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                  <tr id="MainContent_SummaryRepeater_ASPxGridViewCredit_3_DXDataRow0" class="dxgvDataRow" style="">
                    <td class="dxgv">Negative/Underweight/Sell</td>
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                    <td class="dxgv">Neutral/Equal-weight/Hold</td>
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                    <td class="dxgv" align="right">57</td>
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                    <td class="dxgv" style="border-bottom-width:0px;">Positive/Over-weight/Buy</td>
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                    <td class="dxgv" align="right" style="border-bottom-width:0px;">6</td>
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            'groupLevelState': {},
            'keys': ['4', '5', '6']
          },
          'callBacksEnabled': true,
          'pageRowCount': 3,
          'pageRowSize': 10,
          'pageIndex': -1,
          'pageCount': 1,
          'selectedWithoutPageRowCount': 0,
          'visibleStartIndex': 0,
          'focusedRowIndex': -1,
          'allowFocusedRow': false,
          'allowSelectByItemClick': false,
          'allowSelectSingleRowOnly': false,
          'callbackOnFocusedRowChanged': false,
          'callbackOnSelectionChanged': false,
          'editState': 0,
          'editItemVisibleIndex': -1,
          'searchPanelFilter': '',
          'allowDelete': true,
          'allowEdit': true,
          'allowInsert': true,
          'columnProp': [
            [0, , 'Category', 'category', , , , , 0],
            [1, , , , 0, , , , 1, , 2, , , 0],
            [2, , 'CovCount', 'coverageCount', , , , , 0, , , , , , , 1],
            [3, , 'CovPct', 'coveragePct', , , , , 1, , , , , , , 1],
            [4, , , , 0, , , , 2, , 2, , , 0],
            [5, , 'IbcCount', 'ibcCount', , , , , 0, , , , , , , 4],
            [6, , 'IcbPct', 'ibcTotalPct', , , , , 1, , , , , , , 4]
          ],
          'editMode': 2,
          'indentColumnCount': 0,
          'allowChangeColumnHierarchy': false,
          'allowMultiColumnAutoFilter': false
        });
        ASPxClientGridBase.PostponeInitialize('MainContent_SummaryRepeater_ASPxGridViewCredit_3', ({
          'styleInfo': {
            'ei': '<tr class="dxgvEditingErrorRow">\r\n\t<td class="dxgv" data-colSpan="5" style="border-right-width:0px;"></td>\r\n</tr>',
            'fc': {
              'css': 'dxgvFocusedCell'
            },
            'bec': {
              'css': 'dxgvBatchEditCell dxgv'
            },
            'bemc': {
              'css': 'dxgvBatchEditModifiedCell dxgv'
            },
            'bemergmc': {
              'css': 'dxgvBatchEditModifiedCell dxgvBatchEditCell dxgv'
            },
            'bedi': {
              'css': 'dxgvBatchEditDeletedItem dxgv'
            },
            'sel': {
              'css': 'dxgvSelectedRow'
            },
            'fi': {
              'css': 'dxgvFocusedRow'
            },
            'fgi': {
              'css': 'dxgvFocusedGroupRow'
            }
          },
          'commandButtonIDs': []
        }));
        //
        -->
      </script>
      <br>
    </div>
  </div>
  <div class="container">
    <div class="row hidden-phone">
      <div class="span12">
        <br>
        <table style="width: 100%;">
          <tbody>
            <tr>
              <td style="vertical-align: top">
                <img class="dxeImage" id="ASPxImage11" src="img/list-r.png" alt="">
                <a class="dxeHyperlink" id="ASPxHyperLink12" href="mailto:mufgresearch@int.sc.mufg.jp" style="color:Gray;font-size:Small;" savedtabindex="[object Object]" tabindex="-1">Email us</a>
              </td>
              <td style="vertical-align: bottom; text-align: right">A member of MUFG, a global financial group </td>
            </tr>
            <tr>
              <td style="vertical-align: top">
                <img class="dxeImage" id="ASPxImage1" src="img/list-r.png" alt="">
                <a class="dxeHyperlink" id="ASPxHyperLinkDisc" href="MUFGSecDisclaimers.aspx" style="color:Gray;font-size:Small;" savedtabindex="[object Object]" tabindex="-1">Disclaimers</a>
              </td>
            </tr>
            <tr>
              <td>
                <img class="dxeImage" id="ASPxImage99" src="img/list-r.png" alt="">
                <a class="dxeHyperlink" id="HeadLoginView_ASPxHyperLinkLogin" href="MUFGLogin.aspx" style="color:Gray;font-size:Small;" savedtabindex="[object Object]" tabindex="-1">Log In</a>
              </td>
            </tr>
          </tbody>
        </table>
        <br>
        <div class="navbar">
          <div class="navbar-inner" style="min-height: 2px; background-color: grey">
            <div class="container">
            </div>
          </div>
        </div>
        <table>
          <tbody>
            <tr>
              <td style="width: 226.75px;">
                <a class="dxeHyperlink" id="ASPxHyperLink2" href="https://www.mufgemea.com/about-us/#Products%20&amp;%20Services%20Provision/" style="color:Gray;font-size:Smaller;" savedtabindex="[object Object]" tabindex="-1">Product &amp; service provision</a>
              </td>
              <td style="width: 202.75px;">
                <a class="dxeHyperlink" id="ASPxHyperLink1" href="http://www.mufg.jp/english/" target="_blank" rel="noopener noreferrer" style="color:Gray;font-size:Smaller;" savedtabindex="[object Object]" tabindex="-1">Visit our Global Website</a>
              </td>
              <td style="width: 171.75px;">
                <a class="dxeHyperlink" id="ASPxHyperLink3" href="https://www.mufgemea.com/careers/" style="color:Gray;font-size:Smaller;" savedtabindex="[object Object]" tabindex="-1">Careers</a>
              </td>
              <td style="width: 127.75px;">
                <a class="dxeHyperlink" id="ASPxHyperLink4" href="https://www.mufgemea.com/case-studies/" style="color:Gray;font-size:Smaller;" savedtabindex="[object Object]" tabindex="-1">Case studies</a>
              </td>
              <td style="width: 337.75px;">
                <a class="dxeHyperlink" id="ASPxHyperLink5" href="https://www.mufgemea.com/inclusion/" style="color:Gray;font-size:Smaller;" savedtabindex="[object Object]" tabindex="-1">Inclusion and Diversity</a>
              </td>
            </tr>
            <tr>
              <td style="width: 226.75px;">
                <a class="dxeHyperlink" id="ASPxHyperLink6" href="https://www.mufgemea.com/contact/" style="color:Gray;font-size:Smaller;" savedtabindex="[object Object]" tabindex="-1">Locations</a>
              </td>
              <td style="width: 202.75px;">
                <a class="dxeHyperlink" id="ASPxHyperLink7" href="https://www.mufgemea.com/governance/" style="color:Gray;font-size:Smaller;" savedtabindex="[object Object]" tabindex="-1">Governance</a>
              </td>
              <td style="width: 171.75px;">
                <a class="dxeHyperlink" id="ASPxHyperLink8" href="https://www.mufgemea.com/terms-conditions/" style="color:Gray;font-size:Smaller;" savedtabindex="[object Object]" tabindex="-1">Terms &amp; conditions</a>
              </td>
              <td style="width: 127.75px;">
                <a class="dxeHyperlink" id="ASPxHyperLink9" href="https://www.mufgemea.com/mufg-sitemap/" style="color:Gray;font-size:Smaller;" savedtabindex="[object Object]" tabindex="-1">Sitemap</a>
              </td>
              <td style="width: 337.75px;">
                <a class="dxeHyperlink" id="ASPxHyperLink10" href="http://www.bk.mufg.jp/global/" target="_blank" rel="noopener noreferrer" style="color:Gray;font-size:Smaller;" savedtabindex="[object Object]" tabindex="-1">Visit our Core Banking Unit's Global Website</a>
              </td>
            </tr>
          </tbody>
        </table>
      </div>
    </div>
  </div>
  <div id="ChangePasswordPopup_DivPassowrdPopup">
    <script type="text/javascript">
      var userId;
      // userId will be populated by the grid on userAdmin page if we are on that page, otherwise it is null
      // and we'll reset the password for the current user.
      function ShowChangePasswordPopup(userToReset, headerText, desc) {
        userId = userToReset;
        popup.SetHeaderText(headerText);
        lblDescription.SetText(desc);
        popup.SetVisible(true);
      }

      function OnChangePasswordClick() {
        if (userId == null) {
          popup.PerformCallback();
        } else {
          popup.PerformCallback(userId);
        }
      }

      function OnOKButtonClick() {
        popup.PerformCallback("OK");
        popup.SetVisible(false);
      }

      function OnCancelButtonClick() {
        popup.SetVisible(false);
      }
    </script>
    <div id="ChangePasswordPopup_PasswordChangePopup_PW-1" class="dxpcLite dxpclW dxpc-mainDiv dxpc-shadow" style="width:450px;z-index:10000;display:none;visibility:hidden;">
      <div class="dxpc-header drag" style="-webkit-user-select:none;" id="ChangePasswordPopup_PasswordChangePopup_PWH-1">
        <div class="dxpc-headerContent">
          <span class="dxpc-headerText dx-vam" id="ChangePasswordPopup_PasswordChangePopup_PWH-1T">New Password...</span>
        </div><b class="dx-clear"></b>
      </div>
      <div class="dxpc-contentWrapper">
        <div class="dxpc-content" id="ChangePasswordPopup_PasswordChangePopup_PWC-1">
          <div id="ChangePasswordPanel">
            <p><span class="dxeBase" id="ChangePasswordPopup_PasswordChangePopup_ASPxLabelChgPassword">Please choose a new password</span>
              <script id="dxss_1006020152" type="text/javascript" data-executed="true">
                <!--
                ASPx.createControl(ASPxClientLabel, 'ChangePasswordPopup_PasswordChangePopup_ASPxLabelChgPassword', 'lblDescription', {
                  'uniqueID': 'ctl00$ChangePasswordPopup$PasswordChangePopup$ASPxLabelChgPassword',
                  'scStates': 4,
                  'scPostfix': ''
                });
                //
                -->
              </script>
            </p>
            <p>Passwords must contain</p>
            <ul>
              <li>At least 8 characters</li>
              <li>At least one upper and lower case character</li>
              <li>At least one number</li>
              <li>At least one special character</li>
            </ul>
            <p>It also must not have been used as any of the last five passwords</p>
            <table style="padding: 5px">
              <tbody>
                <tr>
                  <td>
                  </td>
                  <td colspan="2">
                    <table class="dxeTextBoxSys dxeTextBox dxeTextBoxDefaultWidthSys" cellspacing="0" cellpadding="0" id="ChangePasswordPopup_PasswordChangePopup_CurrentPassword" style="width:100%;border-collapse:collapse;">
                      <tbody>
                        <tr>
                          <td class="dxic" style="width:100%;"><input class="dxeEditArea dxeEditAreaSys" id="ChangePasswordPopup_PasswordChangePopup_CurrentPassword_I" name="ctl00$ChangePasswordPopup$PasswordChangePopup$CurrentPassword"
                              onfocus="ASPx.EGotFocus('ChangePasswordPopup_PasswordChangePopup_CurrentPassword')" onblur="ASPx.ELostFocus('ChangePasswordPopup_PasswordChangePopup_CurrentPassword')" type="password" autocomplete="off"
                              savedtabindex="[object Object]" tabindex="-1"></td>
                        </tr>
                      </tbody>
                    </table>
                    <script id="dxss_349684670" type="text/javascript" data-executed="true">
                      <!--
                      ASPx.createControl(ASPxClientTextBox, 'ChangePasswordPopup_PasswordChangePopup_CurrentPassword', '', {
                        'uniqueID': 'ctl00$ChangePasswordPopup$PasswordChangePopup$CurrentPassword',
                        'scStates': 6,
                        'scPostfix': ''
                      }, null, null, {
                        'decorationStyles': [{
                          'key': 'F',
                          'className': 'dxeFocused',
                          'cssText': ''
                        }]
                      });
                      //
                      -->
                    </script>
                  </td>
                </tr>
                <tr>
                  <td>New Password:&nbsp; </td>
                  <td colspan="2">
                    <table class="dxeTextBoxSys dxeTextBox dxeTextBoxDefaultWidthSys" cellspacing="0" cellpadding="0" id="ChangePasswordPopup_PasswordChangePopup_Newpassword1" style="width:100%;border-collapse:collapse;">
                      <tbody>
                        <tr>
                          <td class="dxic" style="width:100%;"><input class="dxeEditArea dxeEditAreaSys" id="ChangePasswordPopup_PasswordChangePopup_Newpassword1_I" name="ctl00$ChangePasswordPopup$PasswordChangePopup$Newpassword1"
                              onfocus="ASPx.EGotFocus('ChangePasswordPopup_PasswordChangePopup_Newpassword1')" onblur="ASPx.ELostFocus('ChangePasswordPopup_PasswordChangePopup_Newpassword1')" type="password" autocomplete="off"
                              savedtabindex="[object Object]" tabindex="-1"></td>
                        </tr>
                      </tbody>
                    </table>
                    <script id="dxss_2079248902" type="text/javascript" data-executed="true">
                      <!--
                      ASPx.createControl(ASPxClientTextBox, 'ChangePasswordPopup_PasswordChangePopup_Newpassword1', '', {
                        'uniqueID': 'ctl00$ChangePasswordPopup$PasswordChangePopup$Newpassword1',
                        'scStates': 6,
                        'scPostfix': ''
                      }, null, null, {
                        'decorationStyles': [{
                          'key': 'F',
                          'className': 'dxeFocused',
                          'cssText': ''
                        }]
                      });
                      //
                      -->
                    </script>
                  </td>
                </tr>
                <tr>
                  <td>Confirm: </td>
                  <td colspan="2">
                    <table class="dxeTextBoxSys dxeTextBox dxeTextBoxDefaultWidthSys" cellspacing="0" cellpadding="0" id="ChangePasswordPopup_PasswordChangePopup_NewPassword2" style="width:100%;border-collapse:collapse;">
                      <tbody>
                        <tr>
                          <td class="dxic" style="width:100%;"><input class="dxeEditArea dxeEditAreaSys" id="ChangePasswordPopup_PasswordChangePopup_NewPassword2_I" name="ctl00$ChangePasswordPopup$PasswordChangePopup$NewPassword2"
                              onfocus="ASPx.EGotFocus('ChangePasswordPopup_PasswordChangePopup_NewPassword2')" onblur="ASPx.ELostFocus('ChangePasswordPopup_PasswordChangePopup_NewPassword2')" type="password" autocomplete="off"
                              savedtabindex="[object Object]" tabindex="-1"></td>
                        </tr>
                      </tbody>
                    </table>
                    <script id="dxss_923429042" type="text/javascript" data-executed="true">
                      <!--
                      ASPx.createControl(ASPxClientTextBox, 'ChangePasswordPopup_PasswordChangePopup_NewPassword2', '', {
                        'uniqueID': 'ctl00$ChangePasswordPopup$PasswordChangePopup$NewPassword2',
                        'scStates': 6,
                        'scPostfix': ''
                      }, null, null, {
                        'decorationStyles': [{
                          'key': 'F',
                          'className': 'dxeFocused',
                          'cssText': ''
                        }]
                      });
                      //
                      -->
                    </script>
                  </td>
                </tr>
                <tr>
                  <td></td>
                  <td>
                    <div class="dxbButton dxbButtonSys dxbTSys" id="ChangePasswordPopup_PasswordChangePopup_BtnPasswordSubmit" style="-webkit-user-select:none;">
                      <div class="dxb" id="ChangePasswordPopup_PasswordChangePopup_BtnPasswordSubmit_CD">
                        <div class="dxb-hbc">
                          <input id="ChangePasswordPopup_PasswordChangePopup_BtnPasswordSubmit_I" class="dxb-hb" value="Change" type="submit" name="ctl00$ChangePasswordPopup$PasswordChangePopup$BtnPasswordSubmit" readonly="readonly"
                            savedtabindex="[object Object]" tabindex="-1">
                        </div><img class="dxIcon_actions_apply_16x16 dx-vam" src="/DXR.axd?r=1_112-ZoBxj" alt="" style="margin-right:4px;" id="ChangePasswordPopup_PasswordChangePopup_BtnPasswordSubmitImg"><span class="dx-vam">Change</span>
                      </div>
                    </div>
                    <script id="dxss_1013037175" type="text/javascript" data-executed="true">
                      <!--
                      ASPx.AddHoverItems('ChangePasswordPopup_PasswordChangePopup_BtnPasswordSubmit', [
                        [
                          ['dxbButtonHover'],
                          [''],
                          [''],
                          ['', 'TC']
                        ]
                      ]);
                      ASPx.AddPressedItems('ChangePasswordPopup_PasswordChangePopup_BtnPasswordSubmit', [
                        [
                          ['dxbButtonPressed'],
                          [''],
                          [''],
                          ['', 'TC']
                        ]
                      ]);
                      ASPx.AddDisabledItems('ChangePasswordPopup_PasswordChangePopup_BtnPasswordSubmit', [
                        [
                          ['dxbDisabled'],
                          [''],
                          [''],
                          ['', 'TC'],
                          [
                            [{
                              'spriteCssClass': 'dxIcon_actions_apply_16x16_disabled'
                            }]
                          ],
                          ['Img']
                        ]
                      ]);
                      ASPx.AddSelectedItems('ChangePasswordPopup_PasswordChangePopup_BtnPasswordSubmit', [
                        [
                          ['dxbf'],
                          [''],
                          ['CD']
                        ]
                      ]);
                      ASPx.createControl(ASPxClientButton, 'ChangePasswordPopup_PasswordChangePopup_BtnPasswordSubmit', 'btnSubmit', {
                        'uniqueID': 'ctl00$ChangePasswordPopup$PasswordChangePopup$BtnPasswordSubmit'
                      }, {
                        'Click': function(s, e) {
                          OnChangePasswordClick();
                        }
                      });
                      //
                      -->
                    </script>
                  </td>
                  <td>
                    <div class="dxbButton dxbButtonSys dxbTSys" id="ChangePasswordPopup_PasswordChangePopup_ASPxButtonCancel" style="-webkit-user-select:none;">
                      <div class="dxb" id="ChangePasswordPopup_PasswordChangePopup_ASPxButtonCancel_CD">
                        <div class="dxb-hbc">
                          <input id="ChangePasswordPopup_PasswordChangePopup_ASPxButtonCancel_I" class="dxb-hb" value="Cancel" type="submit" name="ctl00$ChangePasswordPopup$PasswordChangePopup$ASPxButtonCancel" readonly="readonly"
                            savedtabindex="[object Object]" tabindex="-1">
                        </div><img class="dxIcon_edit_delete_16x16 dx-vam" src="/DXR.axd?r=1_112-ZoBxj" alt="" style="margin-right:4px;" id="ChangePasswordPopup_PasswordChangePopup_ASPxButtonCancelImg"><span class="dx-vam">Cancel</span>
                      </div>
                    </div>
                    <script id="dxss_1915463686" type="text/javascript" data-executed="true">
                      <!--
                      ASPx.AddHoverItems('ChangePasswordPopup_PasswordChangePopup_ASPxButtonCancel', [
                        [
                          ['dxbButtonHover'],
                          [''],
                          [''],
                          ['', 'TC']
                        ]
                      ]);
                      ASPx.AddPressedItems('ChangePasswordPopup_PasswordChangePopup_ASPxButtonCancel', [
                        [
                          ['dxbButtonPressed'],
                          [''],
                          [''],
                          ['', 'TC']
                        ]
                      ]);
                      ASPx.AddDisabledItems('ChangePasswordPopup_PasswordChangePopup_ASPxButtonCancel', [
                        [
                          ['dxbDisabled'],
                          [''],
                          [''],
                          ['', 'TC'],
                          [
                            [{
                              'spriteCssClass': 'dxIcon_edit_delete_16x16_disabled'
                            }]
                          ],
                          ['Img']
                        ]
                      ]);
                      ASPx.AddSelectedItems('ChangePasswordPopup_PasswordChangePopup_ASPxButtonCancel', [
                        [
                          ['dxbf'],
                          [''],
                          ['CD']
                        ]
                      ]);
                      ASPx.createControl(ASPxClientButton, 'ChangePasswordPopup_PasswordChangePopup_ASPxButtonCancel', 'btnCancel', {
                        'uniqueID': 'ctl00$ChangePasswordPopup$PasswordChangePopup$ASPxButtonCancel',
                        'causesValidation': false
                      }, {
                        'Click': function(s, e) {
                          OnCancelButtonClick();
                        }
                      });
                      //
                      -->
                    </script>
                  </td>
                </tr>
              </tbody>
            </table>
          </div>
          <div id="ChangePasswordPopup_PasswordChangePopup_Panel1">
            <p>
              <span class="dxeBase" id="ChangePasswordPopup_PasswordChangePopup_result"></span>
            </p>
          </div>
        </div>
      </div>
    </div>
    <div id="ChangePasswordPopup_PasswordChangePopup_DXPWMB-1" class="dxpcModalBackLite" style="z-index:9999;">
    </div>
    <table id="ChangePasswordPopup_PasswordChangePopup_LP" class="dxpcLoadingPanel dxlpLoadingPanel" cellspacing="0" cellpadding="0" style="border-collapse:collapse;left:0px;top:0px;z-index:30000;display:none;">
      <tbody>
        <tr>
          <td class="dx" style="padding-right:0px;"><img class="dxlp-loadingImage dxlp-imgPosLeft" src="/DXR.axd?r=1_112-ZoBxj" alt="" align="middle"></td>
          <td class="dx" style="padding-left:0px;"><span id="ChangePasswordPopup_PasswordChangePopup_TL">Loading…</span></td>
        </tr>
      </tbody>
    </table>
    <div id="ChangePasswordPopup_PasswordChangePopup_LD" class="dxpcLoadingDiv dxlpLoadingDiv dx-ft" style="left:0px;top:0px;z-index:29999;display:none;position:absolute;">
    </div>
    <script id="dxss_155727725" type="text/javascript" data-executed="true">
      <!--
      ASPx.createControl(ASPxClientPopupControl, 'ChangePasswordPopup_PasswordChangePopup', 'popup', {
        'callBack': function(arg) {
          WebForm_DoCallback('ctl00$ChangePasswordPopup$PasswordChangePopup', arg, ASPx.Callback, 'ChangePasswordPopup_PasswordChangePopup', ASPx.CallbackError, true);
        },
        'uniqueID': 'ctl00$ChangePasswordPopup$PasswordChangePopup',
        'enableAnimation': false,
        'closeAction': 'None',
        'popupHorizontalOffset': 300,
        'popupVerticalOffset': 300,
        'isPopupPositionCorrectionOn': false,
        'allowDragging': true,
        'modal': true,
        'width': 450,
        'widthFromServer': true
      });
      //
      -->
    </script>
  </div>
  <script id="dxss_1616802672" type="text/javascript" data-executed="true">
    <!--
    ASPx.createControl(ASPxClientCallback, 'ASPxCallbackReadTerms', 'callbackRecordReadTerms', {
      'callBack': function(arg) {
        WebForm_DoCallback('ctl00$ASPxCallbackReadTerms', arg, ASPx.Callback, 'ASPxCallbackReadTerms', ASPx.CallbackError, true);
      },
      'uniqueID': 'ctl00$ASPxCallbackReadTerms'
    });
    //
    -->
  </script>
  <script id="dxss_2138400546" type="text/javascript" data-executed="true">
    <!--
    ASPx.createControl(ASPxClientCallback, 'ASPxCallbackRequestNewPassword', 'callbackGetNewPassword', {
      'callBack': function(arg) {
        WebForm_DoCallback('ctl00$ASPxCallbackRequestNewPassword', arg, ASPx.Callback, 'ASPxCallbackRequestNewPassword', ASPx.CallbackError, true);
      },
      'uniqueID': 'ctl00$ASPxCallbackRequestNewPassword'
    }, {
      'CallbackComplete': function(s, e) {
        chgPasswordLink.SetVisible(false);
        pwdResetNote.SetVisible(true);
      }
    });
    //
    -->
  </script>
  <div id="ASPxPopupTermsOfUse_PW-1" class="dxpcLite dxpclW dxpc-mainDiv dxpc-shadow" style="height: 198px; width: 398px; z-index: 12000; visibility: visible; display: table; position: absolute; left: 601px; top: 350px;">
    <div class="dxpc-contentWrapper" style="display: table; height: 198px;">
      <div class="dxpc-content" id="ASPxPopupTermsOfUse_PWC-1" style="display: table-cell;">
        <div style="align-content: center; text-align: center">
          <p>I confirm that I am not categorised as a “Retail Client” - as defined in the Rules of the Financial Conduct Authority of the United Kingdom (“UK”) as set out in the FCA Handbook and as amended from time to time (the “FCA Rules”) or the
            Conduct of Business Rules of the Dubai Financial Services Authority (“DFSA Rules”) - who requires a higher level of regulatory protection than professional customer /investors and eligible/Market counterparties.</p>
          <p><b>WARNING</b></p>
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Macro FX Fixed Income Search
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EUROPEAN MARKET ABUSE REGULATION SPECIFIC DISCLOSURES


On a periodic basis we provide summaries of the publications provided by MUFG
Securities for the preceding 12 months.

Please see our summarised information below.


SALES AND TRADING PUBLICATIONS

01 July 17 - 30 September 17



Category 

Coverage Universe 

Investment Banking Client (IBC) 

Count 

Total % 

Count 

Total % 

Negative/Underweight/Sell0000 Neutral/Equal-weight/Hold323133
Positive/Over-weight/Buy1077330

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31 March 17 - 30 June 17



Category 

Coverage Universe 

Investment Banking Client (IBC) 

Count 

Total % 

Count 

Total % 

Negative/Underweight/Sell282100 Neutral/Equal-weight/Hold833338
Positive/Over-weight/Buy1458857

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01 January 17 - 31 March 17



Category 

Coverage Universe 

Investment Banking Client (IBC) 

Count 

Total % 

Count 

Total % 

Negative/Underweight/Sell1418214 Neutral/Equal-weight/Hold24321250
Positive/Over-weight/Buy38501642

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01 October 16 - 31 December 16



Category 

Coverage Universe 

Investment Banking Client (IBC) 

Count 

Total % 

Count 

Total % 

Negative/Underweight/Sell46125 Neutral/Equal-weight/Hold39571333
Positive/Over-weight/Buy2537624

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customer /investors and eligible/Market counterparties.

WARNING

MUFG Securities EMEA plc (“MUS(EMEA)”) is not authorised and does not conduct
designated investment business in the UK with retail clients and accordingly the
services and products mentioned or referred to in the material on this website
are not available to such persons via MUS(EMEA). The information, data and
content contained in the materials on this website is provided for use by
professional investors or eligible/Market counterparties only and it should not
be viewed as a 'personal recommendation' within the meaning of the FCA and DFSA
Rules.

This website should in no circumstance be regarded as an offer or solicitation
to conduct designated investment business, as defined under the FCA Rules in any
jurisdiction other than the UK.. All research produced by MENA research team is
non-independent research and is not a marketing communication as defined by the
DFSA Rules. Unless otherwise stated, all views are solely those of MUFG Bank,
Ltd., its subsidiaries and affiliates each of whom are under no obligation
whatsoever to update this report. MUFG Bank, Ltd., its subsidiaries and
affiliates accept no liability whatsoever for any loss or damage of any kind
arising out of the use of all or any part of this report.


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