13
            
            
              Citi Depositary Receipt Services
            
            
              About Citi DR Services
            
            
              Citi Depositary Receipt Services is a leader in bringing quality
            
            
              issuers to global capital markets and in promoting DRs as
            
            
              an effective capital markets tool. Citi began offering DRs in
            
            
              1928 and today is widely recognized for providing issuers
            
            
              with its powerful global platform, facilitating access to a
            
            
              global network that issuers can use to build and grow their
            
            
              DR program.
            
            
              In support of a depositary receipt program, Citi Depositary
            
            
              Receipt Services provides issuers with access to the following
            
            
              value-added resources:
            
            
              • Global sales and equity distribution network with access to
            
            
              large and mid-tier institutional investors.
            
            
              • Dedicated Account Management team — enabling a single
            
            
              point of contact for comprehensive support.
            
            
              • Specialized Structuring and Implementation team that
            
            
              facilitates the efficient execution of transactions.
            
            
              • Innovative Product Management team to develop solutions
            
            
              for enhanced access to markets and investors.
            
            
              • Investor Relations (IR) counsel — a team of former in-house
            
            
              corporate IR executives who consult and support clients in
            
            
              all aspects of their global IR objectives.
            
            
              Investor Relations
            
            
              Citi Depositary Receipt Services pioneered the role of
            
            
              Investor Relations counsel for DR clients, providing issuers
            
            
              with expertise and resources to support their IR goals. Citi
            
            
              Depositary Receipt Services’ IR counsel team develops a
            
            
              tailor-made approach for each individual client, taking into
            
            
              account the unique situation of every company and their
            
            
              specific IR objectives. Strongly focused on the training and
            
            
              educational needs of our clients, we constantly look for ways
            
            
              to provide clients with the knowledge base to build a state-of-
            
            
              the-art IR program.
            
            
              Throughout the year, we have conducted roundtables and
            
            
              other training sessions across EMEA, Asia and Latin America.
            
            
              We also offered several IR/DR training sessions in London
            
            
              and New York. Citi Depositary Receipt Services’ IR counsel
            
            
              also assists issuers in identifying, targeting and accessing
            
            
              new investors, thus supporting their goal to achieve greater
            
            
              liquidity in their DR program. Other areas of expertise include
            
            
              assisting issuers with IR website design and evaluation,
            
            
              message development and presentation advice, assistance on
            
            
              non-deal road shows, interaction with sell-side and buy-side
            
            
              analysts, and crisis management training.
            
            
              Global Distribution
            
            
              Citigroup (Citi) is a leading global financial services company
            
            
              with some 200 million customer accounts in more than 100
            
            
              countries. We provide consumers, corporations, governments
            
            
              and institutions with a broad range of financial products
            
            
              and services including consumer banking and credit,
            
            
              corporate and investment banking, securities brokerage
            
            
              and wealth management.
            
            
              For DR clients, our services encompass information, support
            
            
              and counsel to major global issuers, as well as access to
            
            
              broad broker and investor audiences. We assist clients in
            
            
              accessing a diverse range of investors, including the largest
            
            
              global portfolio managers, wealth management advisory
            
            
              firms, Separately Managed Accounts (SMA) portfolios
            
            
              and specialized hedge funds. Our local presence in many
            
            
              markets is unmatched by any other depositary and we
            
            
              facilitate superior liquidity for our programs via our global
            
            
              distribution network.
            
            
              Citi’s network is composed of salespeople and sales traders
            
            
              around the world, and is one of the largest institutional
            
            
              networks for DRs. Together with our comprehensive range
            
            
              of reporting, investor targeting and analytical services, this
            
            
              places Citi in a leading position to manage and grow clients’
            
            
              DR programs globally. No other depositary bank provides
            
            
              such a comprehensive network.
            
            
              Citi’s commitment to provide issuers with access to a
            
            
              comprehensive suite of value-added resources, including a
            
            
              combination of global reach and local expertise, access to
            
            
              an industry-leading global equity distribution network and
            
            
              specialized global investor relation support, helped win key
            
            
              depositary bank mandates during the first half of 2014.