Mid Year Report 2020

Global DR Capital Raisings GLOBAL EMEA -21 Total Capital Raisings $8.8bn Total Capital Raisings $1.8bn DR Capital Raisings Highlights • Total DR capital raised was down 25% versus first half of 2019 • DR IPO capital raisings up 12% to $4.9 billion • DR follow-on capital raisings down 46% to $3.9 billion • ADR capital raisings down 39% to $5.9 billion • GDR capital raisings up 47% to $2.9 billion • 13 issuers completed IPOs by way of the JOBS Act 41 18 Year-over-Year Change # of Capital Raisings Year-over-Year Change Year-over-Year Change # of Capital Raisings Year-over-Year Change The JOBS Act of 2012: The Jumpstart Our Business Startups Act (JOBS Act) was enacted by the U.S. Congress in 2012 to encourage more companies, including non-U.S. companies, to raise capital through initial public offerings and list in the U.S. -25 -2 13 Data as of June 30, 2020. 12