Equity Investment Rating Distribution: Energy Group (as of 30 Sep 2016) Coverage Universe Count Percent Inv. Banking Relationships* Count Percent Buy 105 46.67% Buy 88 83.81% Hold 54 24.00% Hold 48 88.89% Sell 66 29.33% Sell 49 14.24% Equity Investment Rating Distribution: Financial Services Group (as of 30 Sep 2016) Coverage Universe Count Percent Inv. Banking Relationships* Count Percent Buy 113 46.89% Buy 89 18.76% Hold 66 27.39% Hold 55 83.33% Sell 62 25.13% Sell 40 64.52% Equity Investment Rating Distribution: Gaming Group (as of 30 Sep 2016) Coverage Universe Count Percent Inv. Banking Relationships* Count Percent Buy 24 54.55% Buy 16 66.67% Hold 14 31.82% Hold 6 42.86% Sell 6 13.64% Sell 1 16.67% Equity Investment Rating Distribution: Health Care Group (as of 30 Sep 2016) Coverage Universe Count Percent Inv. Banking Relationships* Count Percent Buy 134 54.92% Buy 100 14.63% Hold 59 24.18% Hold 38 64.41% Sell 1 20.90% Sell 23 45.10% Equity Investment Rating Distribution: Industrials/Multi-Industry Group (as of 30 Sep 2016) Coverage Universe Count Percent Inv. Banking Relationships* Count Percent Buy 38 55.07% Buy at 71.05% Hold 7 10.14% Hold 4 57.14% Sell 24 34.78% Sell 15 62.50% Equity Investment Rating Distribution: Technology Group (as of 30 Sep 2016) Coverage Universe Count Percent Inv. Banking Relationships* Count Percent Buy 113 56.50% Buy 82 12.57% Hold 40 20.00% Hold 32 80.00% Sell 47 23.50% Sell 28 59.57% Equity Investment Rating Distribution: Transport/Infrastructure Group (as of 30 Sep 2016) Coverage Universe Count Percent Inv. Banking Relationships* Count Percent Buy 3 49.66% Buy 53 72.60% Hold 35 23.81% Hold 21 60.00% Sell 39 26.53% Sell 19 48.72% Equity Investment Rating Distribution: Utilities Group (as of 30 Sep 2016) Coverage Universe Count Percent Inv. Banking Relationships* Count Percent Buy 58 46.03% Buy 45 17.59% Hold 34 26.98% Hold 29 85.29% Sell 34 26.98% Sell 20 58.82% Equity Investment Rating Distribution: Global Group (as of 3