INVITATION BERENBERG is delighted to invite you to its

EUROPEAN CONFERENCE 2017

on

Monday 4th – Thursday 7th December 2017

at

Pennyhill Park Hotel & Spa

London Road • Bagshot • Surrey • GU19 5EU • United Kingdom LIST OF ATTENDING COMPANIES (SUBJECT TO CHANGE)

Automotives, Chemicals, Construction and Metals & Mining Banks, Diversified Financials, Insurance and Real Estate (cont’d) Capital Goods & Industrial Engineering and Aerospace & Defence ArcelorMittal SA Lloyds Banking Group Plc* GKN Plc* Balfour Beatty Plc NewRiver REIT Plc* AG BASF SE* Nordea Bank AB KION GROUP AG* Bekaert SA Patrizia Immobilien AG* AG Clariant AG* Phoenix Group Holdings* Meggitt plc * Covestro* RBS Plc* NORMA Group SE Croda International Plc Sampo Oyj* Licht AG* Elementis Plc* St James’s Place Plc PALFINGER AG* Elringklinger AG Svenska Handelsbanken AB QinetiQ Plc AG* Tryg A/S Rational AG HeidelbergCement AG* Unibail-Rodamco SE* AG* AG* Vonovia SE* Rolls-Royce Holdings Plc* Johnson Matthey Plc* SAF-HOLLAND SA Kingspan Group Plc* Business Services, Leisure and Transport & Logistics Schneider Electric SA Klöckner & Co SE* Altran Technologies SA* Schoeller-Bleckmann Oilfield Equipment AG AG* AP Moller Maersk A/S* Senvion SA* Lenzing AG AG SGL Carbon SE* Linde AG* Compass Group Plc* Stabilus SA Novozymes A/S* DCC Plc* va-Q-tec AG PORR AG* Deutsche Post AG Varta AG Royal DSM NV* Elis SA VAT Group AG* AG Fuller, Smith & Turner Plc* AG* Travis Perkins Plc* Hapag-Lloyd AG AG* Intercontinental Hotels Group Plc* Consumer ASOS Plc Wienerberger AG Kinepolis Group NV NH Hotel Group SA* BAT plc* Banks, Diversified Financials, Insurance and Real Estate SE DFS Furniture Plc* Aroundtown Property Holdings Plc* Vapiano SE Diageo Plc Aurelius SE & Co KGaA VTG AG Greencore Group Plc BUWOG AG* Whitbread Plc* Greenyard NV Corestate Capital Holding SA* Imperial Brands Plc* Credit Suisse Group AG* Capital Goods & Industrial Engineering and Aerospace & Defence Ontex Group NV Deutsche EuroShop AG* Aalberts Industries NV* Pernod Ricard SA* Deutsche Wohnen AG* Aumann AG* Philip Morris International Inc SA* SE* Royal Wessanen NV AG Bucher Industries AG Shop Apotheke Europe NV Hastings Group Holdings Plc* Cobham Plc* Swedish Match AB Hypoport AG Deutsche Lufthansa AG TOM TAILOR Holding SE* ING Groep NV* Deutz AG Unilever NV* Legal & General Group Plc* Dürr AG Zur Rose AG Fintech Healthcare (cont’d) UK Mid Cap Safecharge International Group Ltd Straumann Holding AG Burford Capital Temenos Group AG Tecan Group AG* Coats Group Plc Wirecard AG UCB SA Connect Group Plc* Worldline SA UDG Healthcare Plc* CVS Group Plc Dalata Hotel Group Plc* Healthcare TMT Domino’s Pizza Group Plc AstraZeneca Plc Barco NV* Howden Joinery Group Plc* Bayer AG Criteo SA* Jackpotjoy Plc* Clinigen Group Plc CTS Eventim AG & Co KGaA Keywords Studios Plc Coloplast A/S* AG* Laird Plc* Drägerwerk AG & Co KGaA* Drillisch AG* On the Beach Group Plc* Elekta AB EI Towers SpA* Pendragon Plc AG freenet AG* Fresenius Medical Care AG & Co KGaA Plus500 Ltd* JCDecaux SA Fresenius SE & Co KGaA* Sanne Group Plc Just Eat Plc* AG Scapa Group Plc Mediaset España Comunicación SA GlaxoSmithKline Plc* Staffline Group Plc* AG LivaNova Plc Victoria Plc RIB Software AG Merck KGaA* XLMedia Plc AG MorphoSys AG* Software AG* Novartis AG AG Utilities Novo Nordisk A/S* Telefónica SA* innogy SE NV RWE AG* Roche Holding AG* AG* Sartorius AG* Group Plc * Will only be available for one-on-one meetings Shire Plc WPP Plc* Smith & Nephew Plc Xing AG* STRATEC Biomedical AG AG

One-on-one meetings will be available with all the presenting companies during the conference.

If you would like to register for the conference or require further information on the attending companies, please refer to www.berenberg.com/en/conference.html

Registration deadline: Friday 10th November 2017

For more information, please contact Charlotte David, the Conference Organiser, on +44 (0) 20 3207 7832 or any member of the Sales Team EVENING PROGRAMME Monday 4th December · Rest of the World Tuesday 5th December · Taste of Europe Wednesday 6th December · Best of British Gala Dinner

The evening programme will commence following the last presentation each day. Dinner will be followed by evening entertainment. RSVP by registering at www.berenberg.com/en/conference.html JOH. BERENBERG, GOSSLER & CO. KG EQUITY RESEARCH Food Retail Metals & Mining Dusan Milosavljevic +44 20 3753 3123 Charlie Clark +44 20 3207 3133 Aerospace & Defence General Mid Cap - DACH Fawzi Hanano +44 20 3207 7910 Ryan Booker +44 20 3753 3074 Yuriy Vlasov +44 20 3465 2674 Andrew Gollan +44 20 3207 7891 Gunnar Cohrs (DACH + US) +44 20 3207 7894 Charlotte Keyworth +44 20 3753 3013 Martin Comtesse +44 20 3207 7878 Technology Ross Law +44 20 3465 2692 Charlotte Friedrichs +44 20 3753 3077 Josep Bori +44 20 3753 3058 Gerhard Orgonas +44 20 3465 2635 Georgios Kertsos +44 20 3465 2715 Automotives Henrik Paganetty +44 20 3453 3140 Tammy Qiu +44 20 3465 2673 Cristian Dirpes +44 20 3465 2721 Benjamin Pfannes-Varrow +44 20 3465 2620 Alexander Haissl +44 20 3465 2749 Julia Scheufler +44 20 3753 3016 Telecommunications Fei Teng +44 20 3753 3049 Ondrej Cabejsek +44 20 3753 3071 General Mid Cap - EU core Nicolas Didio +44 20 3753 3091 Banks Aymeric Lang +44 20 3753 3037 Usman Ghazi +44 20 3207 7824 Adam Barrass +44 20 3207 7923 Anna Patrice +44 20 3207 7863 Siyi He +44 20 3465 2697 Stephanie Carter +44 20 3207 3106 Trion Reid +44 20 3753 3113 Laura Janssens +44 20 3465 2639 James Chappell +44 20 3207 7844 General Mid Cap - UK Andrew Lowe +44 20 3465 2743 Thematic Research Joseph Barron +44 20 3207 7828 Andreas Markou (EM) +44 20 3753 3022 Nick Anderson +44 20 3207 7838 Calum Battersby +44 20 3753 3118 Alex Medhurst +44 20 3753 3047 Oyvind Bjerke +44 20 3753 3082 Robert Chantry +44 20 3207 7861 Eoin Mullany +44 20 3207 7854 Steven Bowen +44 20 3753 3057 Sam England +44 20 3465 2687 Peter Richardson +44 20 3465 2681 Asad Farid +44 20 3207 7932 Ned Hammond +44 20 3753 3017 Robert Lamb +44 20 3465 2623 Beverages Omar Ismail +44 20 3753 3102 Paul Marsch +44 20 3207 7857 Javier Gonzalez Lastra +44 20 3465 2719 Ian Osburn +44 20 3207 7814 James Sherborne +44 20 3753 3073 Matt Reid +44 20 3753 3075 Antony Plom +44 20 3207 7908 Edward James +44 20 3207 7811 Tobacco Business Services, Leisure & Transport Benjamin May +44 20 3465 2667 Jonathan Leinster +44 20 3465 2645 Roberta Ciaccia +44 20 3207 7805 Owen Shirley +44 20 3465 2731 Utilities Najet El Kassir +44 20 3207 7836 Donald Tait +44 20 3753 3031 Willian Fitzalan-Howard +44 20 3465 2640 Oliver Brown +44 20 3207 7922 Stuart Gordon +44 20 3207 7858 General Retail Andrew Fisher +44 20 3207 7937 Josh Puddle +44 20 3207 7881 Conrad Bartos +44 20 3753 3053 Neha Saxena +44 20 3753 3048 Kate Somerville +44 20 3753 3081 Camilla Mazzolini +44 20 3753 3042 Lawson Steele +44 20 3207 7887 Joel Spungin +44 20 3207 7867 Michelle Wilson +44 20 3465 2663 Economics Capital Goods Healthcare Florian Hense +44 20 3207 7859 Carsten Hesse +44 20 3753 3001 Nicholas Housden +44 20 3753 3050 Scott Bardo +44 20 3207 7869 Kallum Pickering +44 20 3465 2672 Sebastian Kuenne +44 20 3207 7856 Jakob Berry +44 20 3465 2724 Holger Schmieding +44 20 3207 7889 Philippe Lorrain +44 20 3207 7823 Alistair Campbell +44 20 3207 7876 Rizk Maidi +44 20 3207 7806 Klara Fernandes +44 20 3465 2718 Jaroslaw Pominkiewicz +44 20 3753 3035 Tom Jones +44 20 3207 7877 EQUITY SALES Joseph Lockey +44 20 3465 2730 Simon Toennessen +44 20 3207 7819 Specialist Sales Ethan Zhang +44 20 3465 2634 Michael Ruzic-Gauthier +44 20 3753 3128 Laura Sutcliffe +44 20 3465 2669 Aerospace & Capital Goods Chemicals Charles Weston +44 20 3465 2746 Cara Luciano +44 20 3753 3146 Sebastian Bray +44 20 3753 3011 Insurance Rikin Patel +44 20 3753 3080 Autos & Technology Trevor Moss +44 20 3207 7893 Edward Wales +44 20 3207 7815 Construction Emanuele Musio +44 20 3207 7916 Banks & Diversified Financials & Insurance Saravana Bala +44 20 3753 3043 Iain Pearce +44 20 3465 2665 Lush Mahendrarajah +44 20 3207 7896 Iro Papadopoulou +44 20 3207 7924 Luxury Goods Calum Marris +44 20 3753 3040 Robert Muir +44 20 3207 7860 Mariana Horn +44 20 3753 3044 Olivia Peters +44 20 3465 2646 Zuzanna Pusz +44 20 3207 7812 Business Services, Leisure & Transport Diversified Financials Media Rebecca Langley +44 20 3207 7930 Chris Turner +44 20 3753 3019 Robert Berg +44 20 3465 2680 Construction, Chemicals, Metals & Mining Charles Bendit +44 20 3465 2729 Laura Janssens +44 20 3465 2639 James Williamson +44 20 3207 7842 Food Manufacturing and H&PC Alastair Reid +44 20 3207 7841 Sarah Simon +44 20 3207 7830 Consumer Discretionary Rosie Edwards +44 20 3207 7880 Victoria Maigrot +44 20 3753 3010 Philip Patricha +44 20 3753 3039 Real Estate Fintan Ryan +44 20 3465 2748 Kai Klose +44 20 3207 7888 Consumer Staples James Targett +44 20 3207 7873 Tina Munda +44 20 3465 2716 Molly Wylenzek +44 20 3753 3064 Specialist Sales (cont'd) Sales Trading Events Healthcare Hamburg Charlotte David +44 20 3207 7832 Suzy Khan +44 20 3207 7915 David Hogg +44 20 3465 2628 Tim Storm +49 40 350 60 415 Natalie Meech +44 20 3207 7831 Media & Telecommunications London Eleanor Metcalfe +44 20 3207 7834 Julia Thannheiser +44 20 3465 2676 Assia Adanouj +44 20 3753 3087 Rebecca Mikowski +44 20 3207 7822 Charles Beddow +44 20 3465 2691 Ellen Parker +44 20 3465 2684 Thematics Mike Berry +44 20 3465 2755 Sarah Weyman +44 20 3207 7801 Chris Armstrong +44 20 3207 7809 Joseph Chappell +44 20 3207 7885 Stewart Cook +44 20 3465 2752 BERENBERG CAPITAL MARKETS LLC Sales Mark Edwards +44 20 3753 3004 Benelux Tom Floyd +44 20 3753 3136 EQUITY RESEARCH Miel Bakker +44 20 3207 7808 Tristan Hedley +44 20 3753 3006 Andrew Fung +1 646 445 5577 Bram van Hijfte +44 20 3753 3000 Peter King +44 20 3753 3139 Donald McLee +44 20 3753 3141 Simon Messman +44 20 3465 2754 Ravi Misra +1 646 445 4852 AJ Pulleyn +44 20 3465 2756 Adam Mizrahi +1 646 445 4878 Michael Brauburger +49 69 91 30 90 741 Matthew Regan +44 20 3465 2750 Gal Munda +1 646 445 4846 Nina Buechs +49 69 91 30 90 735 Michael Schumacher +44 20 3753 3006 Patrick Trucchio +1 646 445 4851 André Grosskurth +49 69 91 30 90 734 Paul Somers +44 20 3465 2753 Florian Peter +49 69 91 30 90 740 EQUITY SALES Joerg Wenzel +49 69 91 30 90 743 Paris Sales Vincent Klein +33 1 58 44 95 09 UK Antonio Scuotto +33 1 58 44 95 03 Enrico DeMatt +1 646 445 4845 Fabian De Smet +44 20 3207 7810 Kelleigh Faldi +1 617 292 8288 Jules Emmet +44 20 3753 3260 Equity Trading Ted Franchetti +1 646 445 4864 Robert Floyd +44 20 3753 3018 Shawna Giust +1 646 445 7216 Hamburg Karl Hancock +44 20 3207 7803 Rich Harb +1 617 292 8228 David Hohn +49 40 350 60 761 Sean Heath +44 20 3465 2742 Zubin Hubner +1 646 445 5572 Gregor Labahn +49 40 350 60 571 James Hunt +44 20 3753 3007 Michael Lesser +1 646 445 5575 Lennart Pleus +49 40 350 60 596 Gursumeet Jhaj +44 20 3753 3041 Jessica London +1 646 445 7218 Marvin Schweden +49 40 350 60 576 James Matthews +44 20 3207 7807 Ryan McDonnell +1 646 445 7214 Omar Sharif +49 40 350 60 563 James McRae +44 20 3753 3036 Emily Mouret +1 415 802 2525 Philipp Wiechmann +49 40 350 60 346 David Mortlock +44 20 3207 7850 Peter Nichols +1 646 445 7204 Christoffer Winter +49 40 350 60 559 Eleni Papoula +44 20 3465 2741 Kieran O’Sullivan +1 617 292 8292 Bhavin Patel +44 20 3207 7926 London Rodrigo Ortigao +1 646 445 7202 Kushal Patel +44 20 3753 3038 Edward Burlison-Rush +44 20 3753 3055 Ramnique Sroa +1 415 802 2523 Richard Payman +44 20 3207 7825 Richard Kenny +44 20 3753 3083 Matt Waddell +1 646 445 5562 Clémence Peyraud +44 20 3465 2651 Chris McKeand +44 20 3207 7938 Christopher Pyle +44 20 3753 3076 Ross Tobias +44 20 3753 3137 Sales Trading Joanna Sanders +44 20 3207 7925 Michael Haughey +1 646 445 4821 Mark Sheridan +44 20 3207 7802 Electronic Trading Christopher Kanian +1 646 445 5576 George Smibert +44 20 3207 7911 Jonas Doehler +44 40 350 60 391 Lars Schwartau +1 646 445 5571 Alexander Wace +44 20 3465 2670 Matthias Führer +49 40 350 60 597 Brett Smith +1 646 445 4873 Paul Walker +44 20 3465 2632 Sven Kramer +49 40 350 60 347 Bob Spillane +1 646 445 5574 Matthias Schuster +44 40 350 60 463 Jordan White +1 646 445 4858 France Thibault Bourgeat +33 1 5844 9505 CRM EVENTS Alexandre Chevassus +33 1 5844 9512 Laura Cooper +44 20 3753 3065 Laura Hawes +1 646 445 4849 Dalila Farigoule +33 1 5844 9510 Jessica Jarmyn +44 20 3465 2696 CRM Madeleine Lockwood +44 20 3753 3110 LaJada Gonzales +1 646 445 7206 Scandinavia Rita Pilar +44 20 3753 3066 Mikko Vanhala +44 20 3207 7818 Monika Kwok +1 646 445 4863 COO Office Marco Weiss +49 40 350 60 719 Corporate Access Greg Swallow +44 20 3207 7833 Olivia Lee +1 646 445 7212 Switzerland, Austria & Italy Fenella Neill +44 20 3207 7868 Tiffany Smith +1 646 445 4874 Andrea Ferrari +41 44 283 2020 Gianni Lavigna +41 44 283 2038 Corporate Access Economics Jamie Nettleton +41 44 283 2026 Lindsay Arnold +44 20 3207 7821 Mickey Levy +1 646 445 4842 Yeannie Rath +41 44 283 2029 Jennie Jiricny +44 20 3207 7886 Roiana Reid +1 646 445 4865 Benjamin Stillfried +41 44 283 2033 Stella Siggins +44 20 3465 2630 JOH. BERENBERG, GOSSLER & CO. KG

Neuer Jungfernstieg 20 • 20354 Hamburg • Germany • Phone +49 40 350 60-0

60 Threadneedle Street • London EC2R 8HP • United Kingdom • Phone +44 20 3207 7800