18 May 2016 Software & Services Baidu Appendix 1 Important Disclosures Additional information available upon request Disclosure checklist Company Ticker Recent price' Disclosure Baidu BIDU.OQ 192.98 (USD) 15 May 15 1,2,6,8,9 'Prices are current a of the end of the previous ;radon° session unless ahem's* profound end are sourced from local exchanges me Reuters. escomtorg end other vendors Other mformaeon Is sourced from Deutsche Bank subect companies. and other sources For dsclosures pertatreng to recommend/bens or estimates made an saturates other than the oilmen subject of on research. plow as the most recently putMNd company repon or wen our lobar **closure iook.up pegs on our weoene http Nom decant erldesclosureOsclostreDrectory ear Important Disclosures Required by U.S Regulators Disclosures marked with an asterisk may also be required by at least one jurisdiction in addition to the United States. See Important Disclosures Required by Non-US Regulators and Explanatory Notes. 1. Within the past year, Deutsche Bank and/or its affiliate(s) has managed or co-managed a public or private offering for this company, for which it received fees. 2. Deutsche Bank and/or its affiliate(s) makes a market in securities issued by this company. 6. Deutsche Bank and/or its affiliate(s) owns one percent or more of any class of common equity securities of this company calculated under computational methods required by US law. 8. Deutsche Bank and/or its affiliate(s) expects to receive, or intends to seek, compensation for investment banking services from this company in the next three months. Important Disclosures Required by Non-U.S. Regulators Please also refer to disclosures in the Important Disclosures Required by US Regulators and the Explanatory Notes. 1. Within the past year, Deutsche Bank and/or its affiliate(s) has managed or co-managed a public or private offering for this company, for which it received fees. 2. Deutsche Bank and/or