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Bernstein Institutional Services LLC. Member, FINRA / SIPC

On and after close of business on December 31, 2020, as part of an internal reorganisation of the corporate group, Sanford C. Bernstein Limited transferred its business to its affiliate Autonomous Research LLP. Subsequent to this transfer, Autonomous Research LLP changed its name to Bernstein Autonomous LLP. As a result of the reorganisation, the research activities formerly conducted by Sanford C. Bernstein Limited were assumed by Bernstein Autonomous LLP, which is authorised and regulated by the Financial Conduct Authority (FRN 500498) and now publishes research under the Bernstein Research brand. For more information about the Autonomous brand, please go to www.autonomous.com.

Bernstein Autonomous LLP is authorised and regulated by the Financial Conduct Authority in the United Kingdom (FRN: 500498) and registered in England and Wales No. OC343985. The company has its registered office at 60 London Wall, London, EC2M 5SH.

BSG France S.A. is regulated by AMF and ACPR as investment firm. The registred office is located at 2,4 et 6 Boulevard Franck Kupka, 92800 Puteaux, France. The REGAFI identifier is 734977

Sanford C. Bernstein (India) Private Limited is a private limited company incorporated under the Companies Act, 2013, on April 12, 2017 bearing corporate identification number U65999MH2017FTC293762 and is licensed and regulated by Securities and Exchange Board of India (SEBI) as a Research Analyst entity with registration no. INH000006378 and as a Stock Broker with registration no: INZ000213537. It has its registered office at Level 6, 4 North Avenue, Maker Maxity, Bandra Kurla Complex, Bandra (East), Mumbai 400051, Maharashtra, India (Phone No: +91-22-68421401).

Sanford C. Bernstein (Hong Kong) Limited 盛博香港有限公司 is licensed and regulated in Hong Kong by the Securities and Futures Commission (Central Entity No. AXC846). It is incorporated in Hong Kong with limited liability, and has its registered office at 39th Floor, One Island East, Taikoo Place, 18 Westlands Road, Quarry Bay, Hong Kong.

Sanford C. Bernstein (Singapore) Private Limited is a licensed entity under the Securities and Futures Act and registered with Company Registration No. 202137102W. Sanford C. Bernstein (Singapore) Private Limited is regulated by the Monetary Authority of Singapore, and has its office at One Raffles Quay, #27-11 South Tower, Singapore 048583.

Sanford C. Bernstein Japan KK (サンフォード・C・バーンスタイン株式会社) is registered in Japan as a Financial Instruments Business Operator with the Kanto Local Finance Bureau (registration number: The Director-General of Kanto Local Finance Bureau (FIBO) No.3387) and regulated by the Financial Services Agency. It is also a member of Japan Investment Advisers Association.