Primary Dealers List for the counterparty type definitions under the HRF

(PASTE HERE AS VALUES) Jan 2019 NEW QUARTER TOTAL PDship per Current Quarter (Legal Firm Legal Entity Holding Dealership AT BE BG CZ DE DK ES FI FR GR HU IE IT LV LT NL PL PT RO SE SI SK UK PREVIOUS QUARTER Previous Quarter Changes Bank (Legal Entity) Entity) FROM COLUMN "Z" (Firm) (BEFORE UPDATE) ABLV Bank ABLV Bank, AS 0 0 bank customer bank customer 0 Abanka Vipa ABANKA d.d. + 1 1 bank customer bank customer 0 ABN Amro Bank N.V.   3 bank customer bank customer ABN Amro 2 -2 ABN Amro Bank Global Markets u 0 1 bank customer bank customer Alpha Bank S.A.  1 1 bank customer bank customer 0 Allianz Group Allianz Bank AD  1 1 bank customer bank customer 0 Banca IMI Banca IMI S.p.A.    3 3 bank inter dealer bank inter dealer 0 Banca Transilvania  1 1 bank customer bank customer 0 Banco BPI Banco BPI 0 0 bank customer bank customer 0 Banco Comercial Português Millenniumbcp + 1 1 bank customer bank customer 0 Banco Cooperativo Español Banco Cooperativo Español S.A. + 1 1 bank customer bank customer 0 S.A.  + + 3 bank inter dealer Banco Santander / Santander Group Santander Global Banking & Markets UK + 1 5 bank customer bank inter dealer 0 Bank Zachodni WBK S.A.  1 bank customer Bank Millennium Bank Millennium S.A.  1 1 bank customer bank customer 0 Bankhaus Lampe Bankhaus Lampe KG  1 1 bank customer bank customer 0 Bankia S.A.U. + 1 1 bank customer bank customer 0 Bankinter S.A. + 1 1 bank customer bank customer 0 Bank of America SE        + 8 8 bank inter dealer bank inter dealer 0 Barclays Bank PLC  u   +        +    + 17 17 bank inter dealer bank inter dealer 0 Bayerische Landesbank Bayerische Landesbank  1 1 bank customer bank customer 0 BAWAG P.S.K. BAWAG P.S.K. Bank für Arbeit und Wirtschaft und Österreichische Postsparkasse AG  1 1 bank customer bank customer 0 BBVA Banco Bilbao Vizcaya Argentaria S.A.  + + 3 3 bank inter dealer bank inter dealer 0 BCC Banca Comerciala Carpatica S.A. 0 0 bank customer bank customer 0 Belfius Bank Belfius Bank S.A. 0 1 bank customer bank customer -1 Berenberg Joh. Berenberg, Gossler & Co. KG Vienna Branch 0 0 bank customer bank customer 0 BNP Paribas S.A. & BNP Paribas Fortis (for Belgium)     +         13 15 bank inter dealer bank inter dealer BNP Paribas 0 BNP Paribas (London Branch) + + 2 n/a bank customer n/a BRED Banque Populaire BRED Banque Populaire u 0 0 bank customer bank customer NA** Caixa Banco de Investimento Caixa Banco de Investimento S.A. + 1 1 bank customer bank customer 0 Caixa Geral de Depositos Caixa Geral de Depositos, S.A. 0 0 bank customer bank customer 0 CaixaBank CaixaBank S.A. + + 2 2 bank customer bank customer 0 Cantor Fitzgerald Cantor Fitzgerald Ireland Ltd  1 1 bank customer bank customer 0 CCB Group Central Cooperative Bank AD  1 1 bank customer bank customer 0 Cecabank Cecabank S.A. + 1 1 bank customer bank customer 0 Ceska Sporitelna Ceska Sporitelna, a.s.  1 1 bank customer bank customer 0 Cibank Cibank EAD 0 0 bank customer bank customer 0 CIB Bank Zrt. CIB Bank Zrt.  1 1 bank customer bank customer 0 AS Citadele Banka  1 2 bank customer bank customer Citadele Banka JSC Citadele Banka  1 bank customer bank customer 0 JSC Bank Citadele 0 bank customer bank customer Citigroup Global Markets Ltd.    +       +  + 13 bank inter dealer Europe plc    3 bank inter dealer Citibank Europe plc - Bulgaria Branch 0 bank customer Citigroup 18 bank inter dealer 0 Citibank London* u 0 bank customer Bank Handlowy w Warszawie S.A.  1 bank customer Citibank Europe plc Dublin - Romania Branch  1 bank customer AG   +    6 bank inter dealer Commerzbank 8 bank inter dealer -1 mBank S.A.  1 bank customer Credit Agricole, Paris u 0 bank customer N/A Credit Agricole 9 0 Credit Agricole CIB, Paris   +    +  + 9 bank inter dealer bank interdealer Credit Suisse Credit Suisse Securities (Europe) Ltd  + 2 2 bank customer bank customer 0 A/S  + +   +  + 8 8 bank inter dealer bank inter dealer Danske Bank 0 Danske Bank A/S Lithuania Branch 0 0 bank customer bank customer Davy Davy  1 1 bank customer bank customer 0 DekaBank DekaBank (Deutsche Girozentrale)  1 1 bank customer bank customer 0 A.G.   +       +   12 13 bank inter dealer Deutsche Bank bank inter dealer 0 Deutsche Bank A.G. (London Branch) + 1 bank customer AB DNB banka 0 0 bank customer bank customer Luminor Bank AB  1 1 bank customer bank customer DNB Nord 0 Luminor Bank AS  1 1 bank customer bank customer JSC Bank DNB (NORD group) 0 0 bank customer bank customer DSK BANK DSK BANK EAD  1 1 bank customer bank customer 0 DZ BANK DZ BANK AG (Deutsche Zentral-Genossenschaftsbank)  1 1 bank customer bank customer 0 Efg S.A.  1 1 bank customer bank customer Eurobank 0 S.C. S.A 0 0 bank customer bank customer Bank A.G.   2 bank customer ERSTE Befektetési Zrt.  1 bank customer ERSTE Group Bank 4 bank inter dealer 1 Banca Comercială Română  1 bank customer Slovenská sporiteľňa, a.s  1 bank customer First Investment Bank First Investment Bank AD  1 1 bank customer bank customer 0   +       +  + 12 16 bank inter dealer bank inter dealer Goldman Sachs Goldman Sachs International Bank -2 Goldman Sachs International u   2 bank customer HSBC France S.A.     +       +   14 bank inter dealer  + 2 bank customer HSBC HSBC Bank PLC 16 bank inter dealer 0 HSBC Trinkaus & Burkhardt AG 0 bank customer HSBC GPP 0 bank customer ING Bank NV u     4 bank inter dealer ING Bank NV Amsterdam - Bucharest Branch  1 bank customer ING 6 bank inter dealer 0 ING Bank A.S. 0 bank customer ING Bank Śląski S.A.  1 bank customer Investec Bank Investec Bank Plc + 1 0 bank customer bank customer NA** Jefferies Jefferies International Limited   + + + 5 5 bank inter dealer bank inter dealer 0 J.P. Morgan J.P. Morgan Securities plc      +        +  + 16 16 bank inter dealer bank inter dealer 0 KBC Bank S.A.  1 bank customer KBC Československá obchodná banka, a.s   2 4 bank customer bank inter dealer 0 United Bulgarian Bank  1 bank customer K&H Bank Zrt. K&H Bank Zrt.  1 1 bank customer bank customer 0 Komerční banka Komerční banka A.S.  1 1 bank customer bank customer 0 Landesbank Baden-Wurttemberg Landesbank Baden-Wurttemberg   2 2 bank customer bank customer 0 plc + 1 1 bank customer bank customer 0 Landesbank Hessen-Thuringen Landesbank Hessen-Thuringen Girozentrale  1 1 bank customer bank customer 0 Magyar Takarékszövetkezeti Bank Zrt. Magyar Takarékszövetkezeti Bank Zrt.  1 1 bank customer bank customer 0 Mitsubishi UFJ Securities International Mitsubishi UFJ Securities International plc + 1 0 bank customer bank customer NA** Mizuho Bank Mizuho International PLC  1 1 bank customer bank customer 0 Morgan Stanley Morgan Stanley & Co. International PLC     +     + + 11 11 bank inter dealer bank inter dealer 0 Monte dei Paschi di Siena Monte dei Paschi di Siena Capital Services Banca per le Imprese S.p.A.  1 1 bank customer bank customer 0 MKB Bank MKB Bank Zrt.  1 1 bank customer bank customer 0 Municipal Bank Municipal Bank AD  1 1 bank customer bank customer 0 National Bank of SA  1 1 bank customer bank customer 0 Natixis    +    7 7 bank inter dealer bank inter dealer 0 Nomura Nomura International PLC           + + 12 12 bank inter dealer bank inter dealer 0 Norddeutsche Landesbank Norddeutsche Landesbank Girozentrale  1 1 bank customer bank customer 0 Bank Finland   2 bank customer Nordea Nordea Bank A.S + 1 5 bank customer bank inter dealer 0 Nordea Bank AB   2 bank customer + Nova Ljubljanska Banka Nova Ljubljanska Banka D.D. 1 1 bank customer bank customer 0 Novo Banco, S.A. + 1 1 bank customer bank customer 0 Nykredit Bank Nykredit Bank A/S + 1 1 bank customer bank customer 0 Oberbank Oberbank A.G.  1 1 bank customer bank customer 0 Oddo BHF ODDO BHF Aktiengesellschaft  1 1 bank customer bank customer 0 OTP Bank OTP Bank Nyrt.  1 1 bank customer bank customer 0 Piraeus Bank S.A.  1 1 bank customer bank customer 0 PKO Bank Polski PKO BP S.A.  1 0 bank customer bank customer 1 Postbank Eurobank Bulgaria AD  1 1 bank customer bank customer 0 PPF Banka PPF Banka A.S.  1 1 bank customer bank customer 0 International u   2 bank customer Rabobank 3 bank inter dealer -1 Coöperatieve Rabobank U.A. 0 bank customer Raiffeisen Bank International AG   2 bank customer Raiffeisen Bank S.A.  1 4 bank customer Raiffeisen Bank bank inter dealer 1 Raiffeisen Bank Zrt.  1 bank customer Raiffeisen Bank (Bulgaria) EAD  1 bank customer Royal Bank of Canada RBC Europe Ltd + 1 1 bank customer bank customer 0 NatWest Markets NatWest Markets    +       +  + 13 13 bank inter dealer bank inter dealer 0 Scotiabank Scotiabank Europe plc  + 2 2 bank customer bank customer 0 SEB A/S +  2 bank customer SEB SEB bankas  1 4 bank customer bank inter dealer 0 JSC Bank SEB  1 bank customer Šiaulių bankas JSC Bank Šiaulių bankas  1 1 bank customer bank customer 0 Société Générale S.A.    +      +   12 bank inter dealer Societe Generale Inv. Banking - Italy  1 bank customer Société Générale Societe Generale Expressbank AD 0 16 bank customer bank inter dealer -1 Société Générale S.A. Oddział w Polsce  1 bank customer Banca Română pentru Dezvoltare – Groupe Société Générale S.A.  1 bank customer Bank Spar Nord Bank A/S  1 1 bank customer bank customer 0 Svenska Svenska Handelsbanken AB  1 1 bank customer bank customer 0 AB   2 bank customer Swedbank JSC Bank Swedbank  1 4 bank customer bank inter dealer 0 Swedbank AS  1 bank customer Sydbank A/S + 1 1 bank customer bank customer 0 Tatra Banka (RZB Group) Tatra Banka A.S.  1 1 bank customer bank customer 0 + Toronto-Dominion The Toronto-Dominion Bank (London Branch) 1 1 bank customer bank customer 0 UBS Europe SE   2 4 bank customer bank inter dealer UBS -1 UBS AG London Branch + 1 bank customer S.p.A  1 bank customer UniCredit Bank AG   2 bank customer UniCredit Bulbank AD  1 bank customer UniCredit Bank Czech Republic and Slovakia, a.s.   2 bank customer UniCredit UniCredit Bank Zrt.  1 9 bank customer bank inter dealer 1 UniCredit (HVB) - Portugal 0 bank customer Unicredit Banka Slovenija D.D. - Slovenia  1 bank customer Bank PEKAO S.A.  1 bank customer UniCredit Bank S.A.  1 bank customer Volksbank Volksbank Wien AG  1 1 bank customer bank customer 0 Všeobecná Uverová Banka (Intesa SP Group) Všeobecná Uverová Banka A.S.  1 1 bank customer bank customer 0 Winterflood Securities Winterflood Securities Ltd  1 1 bank customer bank customer 0 TOTAL Primary Dealers per Country 21 11 9 9 36 11 22 14 15 20 14 15 16 4 7 13 13 20 7 7 14 11 24 TOTAL Market participants per Country 21 18 9 10 36 11 22 14 15 20 14 15 16 4 7 13 13 20 7 7 14 11 24 The following -zone countries do not have a system of primary dealers: , Croatia, Estonia, , Malta.

LEGEND ` Updated as of 11/02/2020 Disclaimer AFME Primary Dealers Members changes highlighted in yellow illustrate a change in AFME Members The HRF table is intended for general information only and is not intended to be and should not be relied upon as being legal, financial, investment, clssification and/or a change in the number of Non-AFME Members tax, regulatory business or other professional advice. AFME does not represent or warrant that the table is accurate, suitable or complete and none Primary Dealerships of AFME, or its respective employees shall have any liability arising from, or relating to, the use of this HRF table or its contents. Your receipt of this document is subject to paragraphs 3, 4, 5, 9, 10, 11 and 13 of the Terms of Use which are applicable to AFME’s website (available at http://www.afme.eu/en/aboutus/terms-conditions) and, for the purposes of such Terms of Use, this document shall be considered a “Material” u Recognized Dealers (Only applicable for Czech Republic) (regardless of whether you have received or accessed it via AFME’s website or otherwise). u Dealers in Euro-Commericial Paper (Only applicable for Belgium) + indicates Primary Dealership in Treasury bills February 2020 *Citbank (London) is the arranger in the Euro-Commercial Paper dealer system in Belgium **Entity not reported on the AFME HRF Table in previous edition