Wells Fargo Securities International Limited

The research reports on this website are prepared and issued by Wells Fargo Securities, LLC, an affiliate of Wells Fargo Securities International Limited (“WFSIL”). Please note that securities and related financial instruments described in the research reports may not be eligible for sale in all jurisdictions or to certain categories of investors. For certain non-U.S. institutional readers (including readers in the EEA), the research reports have been approved and are distributed by WFSIL. WFSIL does not deal directly with retail clients, so the rules made under the Financial Services and Markets Act 2000 for the protection of retail clients will therefore not apply, nor will the Financial Services Compensation Scheme be available. Wells Fargo Securities International Limited is authorized and regulated by the UK Financial Conduct Authority. Please consult your WFSIL salesperson or the Wells Fargo Securities, LLC office in your area for additional information.

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