DR Year End Report

1 Data as of December 31, 2019. DR ACCESS PRODUCTS ABOUT CITI DEPOSITARY RECEIPT SERVICES INTERNATIONAL INVESTING TRENDS REGIONAL TRENDS GLOBAL DR TRENDS Top Five Most Liquid DR Programs 1 Source: Bloomberg. DR Trading Volume 1 $1,358 JAPAN CHINA INDIA TAIWAN SINGAPORE OTHER AUSTRALIA HONG KONG 71 % 2 % 2 % 2 % 5 % 6 % 10 % 2 % Total DR Trading Volume: 59.8B Issuer Country Exchange 2019 Volume (DR Millions) NIO Inc China NYSE 8,355 Alibaba Group Holding Ltd China NYSE 4,005 JD.com Inc China NASDAQ 3,512 Infosys Ltd India NYSE 2,912 iQIYI Inc China NASDAQ 2,017 29 Citi Depositary Receipt Services Year-End 2019 Report