Mid Year Report 2020

DR ACCESS PRODUCTS ABOUT CITI DEPOSITARY RECEIPT SERVICES INTERNATIONAL INVESTING TRENDS GLOBAL DR TRENDS Holder Name Country Investment Style Investor Type Value of DRs Held (USD Billions) T. Rowe Price Associates, Inc. US Growth Investment Manager- Mutual Fund $26.7 The Vanguard Group, Inc. US Index Investment Manager- Mutual Fund $25.8 BlackRock Fund Advisors US Index Investment Manager- Mutual Fund $22.9 Fisher Investments US GARP Investment Manager- Mutual Fund $22.6 Fidelity Management & Research Company US Growth Investment Manager- Mutual Fund $22.3 Baillie Gifford & Company UK Growth Investment Manager- Mutual Fund $21.2 State Street Global Advisors (SSgA) US Index Investment Manager- Mutual Fund $16.2 Capital World Investors (US) US Value Investment Manager- Mutual Fund $14.1 Invesco Advisers, Inc. US Growth Investment Manager- Mutual Fund $13.7 Renaissance Technologies, LLC US Alternative Hedge Fund $13.4 Top Institutional Holders of DRs by Holder 1,2 Citi Depositary Receipt Services Mid-Year 2020 Report 29