Mid Year Report 2020

DR ACCESS PRODUCTS ABOUT CITI DEPOSITARY RECEIPT SERVICES INTERNATIONAL INVESTING TRENDS GLOBAL DR TRENDS Top 10 Volume Movers Top 10 Unsponsored DR Programs Issuer Country YTD June 2020 Volume (Millions) Tencent Holdings Ltd China 570.7 NMC Health PLC UAE 267.2 SoftBank Group Corp Japan 156.0 Enel SpA Italy 110.1 Airbus SE France 105.5 Cie Financiere Richemont SA Switzerland 81.2 Nintendo Co Ltd Japan 49.9 UniCredit SpA Italy 47.5 Svenska Handelsbanken AB Sweden 46.9 FANUC Corp Japan 46.4 Source: Bloomberg and Depositary Data Interchange. Top Ten Volume Movers 1, 2, 3 Volume (DR Millions) Issuer Country YTD June 2019 YTD June 2020 Increase/ (Decrease) 2 NMC Health PLC UAE 0.3 267.2 266.8 Tencent Holdings Ltd China 438.5 570.7 132.3 Enel SpA Italy 24.9 110.1 85.2 Airbus SE France 24.8 105.5 80.7 SoftBank Group Corp Japan 102.4 155.9 53.5 Aston Martin PLC UK 0.1 44.9 44.8 Cie de Saint-Gobain France 12.8 44.4 31.6 Japan Airlines Co Ltd Japan 7.7 39.0 31.3 Alstom SA France 8.6 38.0 29.4 Cie Financiere Richemont Switzerland 54.0 81.2 27.2 Source: Bloomberg and Depositary Data Interchange. 1 Data as of June 30, 2020. 2 Absolute change in DR trading volume. 21 Citi Depositary Receipt Services Mid-Year 2020 Report