DR Year End Report

DR ACCESS PRODUCTS ABOUT CITI DEPOSITARY RECEIPT SERVICES INTERNATIONAL INVESTING TRENDS REGIONAL TRENDS GLOBAL DR TRENDS DR IPOs (in USD Millions) 1 DR Follow-On Offerings (in USD Millions) 1,2 Global DR Capital Raisings by Industry 2 Defined as capital raising at the time of listing of additional DR securities including rights offerings and private placements. INDUSTRY 2019 VALUE Diversified Financial Services $2,238 Software $1,647 Biotechnology $1,036 Internet $891 Beverages $678 Media $190 Real Estate $124 Oil & Gas $99 Semiconductors $90 Electronics $80 Healthcare $61 Retail $47 Engineering & Construction $40 INDUSTRY 2019 VALUE Internet $2,684 Software $2,670 Biotechnology $2,119 Telecommunications $963 Oil & Gas $549 Banks $300 Pharmaceuticals $190 Computers $158 Mining $128 Diversified Financial Services $87 Home Furnishings $77 Energy-Alternate Sources $75 Auto Parts & Equipment $6 19 Citi Depositary Receipt Services Year-End 2019 Report