Corporate Access) • Twice-Yearly Conferences • Bond Levels • Direct Contact with Our Analysts

Overview

• More than 25 years of experience with over 50,000 analyses published

• Six analysts and two translators

• Coverage of 200+ corporate and financial issuers (IG, HY and unrated)

• No institutional investors in the capital structure, so unbiased recommendations

• Highly reactive analysts

• Unique service: all publications produced in both French and English

www.octofinances.com

2 Our publications & services

• Creditorial (daily news) • Credit reports and convertible notes (Flash, Focus) • Thematic studies • Weekly newsletters • Recommendations • Issuer presentations (corporate access) • Twice-yearly conferences • Bond levels • Direct contact with our analysts

Available on www.octofinances.com

3 Publications 1/2

Creditorial Focus Flash Daily update and analysis of Detailed analysis of a specific In-depth commentary the latest news on issuers issuer: activity, sector, debt, on the impact of a specific and their ratings, including recommendation event on an issuer’s credit recommendations quality

Available on www.octofinances.com

4 Publications 2/2

Thematic studies Weekly newsletters Recommendations Examples of themes: hybrids, Weekly commentary on the Weekly updates by sector bank resolution, AT1 notes fixed income and credit markets

Available on www.octofinances.com

5 Services

Bond levels Twice-yearly Direct contact with Issuer selection by different conferences our analysts criteria: sector, yield, maturity, In France and abroad structure

www.octofinances.com

6 Main issuers covered

Banks Insurance Corporates Convertibles

Updates on the latest Hannover Esterline Technologies Casino Fiat Outokumpu banking regulations Assicurazioni Generali Leonardo Rexel Renault Safilo Group Dufry Peugeot CRR/CRD4, TLAC, BRRD, Groupama EDF Astaldi Tesco Rallye CRR2/CRD5 BNP Paribas Cardif EDP Glandia Co-operative Gazprom Wendel Crédit Agricole Assurances Gas Natual Royal BAM Group Repsol Exor Issuer coverage Ethias Innogy Immofinanz RWE Eni Franz Haniel BNP Paribas CNP Assurances Greenyard Suez Pemex Gecina BPCE Aegon FF Group finance HeidelbergCement Hellenic Petroleum Orange Crédit Agricole Delta Lloyd OHL Investments Imerys Petrobas Telefonica Société Générale Axa Neopost LafargeHolcim Technip Telecom Italia FCA Bank Achmea Rocket Internet Saint-Gobain Solocal OTE Intesa Sanpaolo Talanx Sacyr Votorantim Lagardère KPN UBI banca Indra Sistemas Areva Glencore OI/Portugal telecom Unicredit NH Hotel Group CMA CGM Eramet Vodafone Banco Santander Oci Hapag-Lloyd Vale Pernod-Ricard BBVA Tullow Oil ArcelorMittal Nyrstar Altice Deutsche Bank Damm/Ebro Food ThyssenKrupp Anglo American Selecta HSBC MTU Vallourec Bombardier Europcar Lloyds Banking Group BE Semiconductor Voestalpine Air France Bayer Nordea AP Moller – Maersk CGG Belfius Atalian Novafives Rabobank Eurofins Scientific Afflelou Credit Suisse SYNLAB Picard UBS Verallia Bawag Loxam Erste Group Bank Raiffeisen Bank International www.octofinances.com

7 Corporate Access*

*On an annual basis, Octo Finances organises more than 50 presentations, providing issuers with the opportunity to meet French and foreign institutional investors. www.octofinances.com 8 Annual all-in price*

Package €2,500 (before tax)

*Includes all Octo Finances Credit Research services and publications (in French & English).

www.octofinances.com

9 Contact

Join us on LinkedIn: Octo Finances

Visit our website: http://www.octofinances.com

Octo Finances: +33 (0)1 45 02 66 00 Credit Research Team: +33 (0)1 45 02 66 11

www.octofinances.com

10 Disclaimer

In accordance with financial regulations, with the aim of avoiding conflicts of interest, there is a mechanism which forbids the transmission of privileged information amongst analysts and traders. Moreover, the analysts at Octo Finances shall not carry out personal transactions on the securities they analyse or on those issued by the issuers they follow.

Our credit research is distributed to a restricted public, consisting exclusively of professional clients. Its contents shall not be communicated to a third party without the prior written consent of Octo Finances.