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d-24287House OversightOther

BoA Merrill Lynch Research Disclaimer Boilerplate

The passage is a standard legal disclaimer containing no specific allegations, names, transactions, or actionable leads linking powerful actors to misconduct. It offers no novel information or investi Describes typical research report confidentiality and liability clauses. Mentions MLPF&S as a broker-dealer and possible trading positions. References BofA Merrill Lynch's internal information barrie

Date
November 11, 2025
Source
House Oversight
Reference
House Oversight #014950
Pages
3
Persons
0
Integrity
No Hash Available

Summary

The passage is a standard legal disclaimer containing no specific allegations, names, transactions, or actionable leads linking powerful actors to misconduct. It offers no novel information or investi Describes typical research report confidentiality and liability clauses. Mentions MLPF&S as a broker-dealer and possible trading positions. References BofA Merrill Lynch's internal information barrie

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EFTA Disclosure
Text extracted via OCR from the original document. May contain errors from the scanning process.
MLPF&S or one of its affiliates is a regular issuer of traded financial instruments linked to securities that may have been recommended in this report. MLPF&S or one of its affiliates may, at any time, hold a trading position (long or short) in the securities and financial instruments discussed in this report. BofA Merrill Lynch, through business units other than BofA Merrill Lynch Global Research, may have issued and may in the future issue trading ideas or recommenda h different conclusions from, the information presented in this report. Such ideas or recommendations reflect the different time with, and reac methods of the persons who prepared them, and BofA Merri recipient of this report. In the event that the recipient received this report pursuant to a contract between the recipient and MLPF&S for the provision of research services for a separate fee, o be acting as an investment adviser, such status relates, if at all, solely to the person with whom MLPF&S pecifically in writing by MLPF&S). MLPF&S is and continues to act solely as a broker-dealer in connection therewith MLPF&S may be deemed beyond the delivery of this report (unless otherwise agreed s transactions, i Copyright an Copyright 2017 Bank of America Con iOcustom®, iOdatabase® are registered service mark: retransmitted or disclosed, in whole or in part, or inal simultaneously to internal review of this research report consti (including any investmen Materials prepared by BofA Merrill Lynch Global Rese ncluding transactions in any securities utes your agree information known to, professionals in other business areas of BofA Merri Research and certain business groups. As a resul BofA researc hould errill Lynch Global h reports. To the extent this report discusses consult their own ny BofA Merrill Lynch en n public information. Fac rofessionals in other busi his re ities. None of MLPF&S, any of i Research policy prohibits rese containing such rating, recom ormation relating to the tax s ax advice based on t The information herein (o may contain links to third- contained on such third-party websites is not part o any affiliation with BofA Merrill Lynch. Access to any submitting any personal information to them. BofA Subject to the quiet period applicable under laws of ou mendation or in atus of financial recent research report rela nsome cases, an issuer may be classified as Restric ts security and/or financia inancial instruments} nor should the analyses or opi and client websites and other por recommendations, estimates or price targets) without heir particular circumstances from an independent tax professional. her than disclosure information relating to BofA Merrill Lynch and its affiliates) was obtained from various sources and we do not guaran party websites. BofA Merrill Lynch is not responsible for the content of any third-par' this report and is not incorporated by reference into this report. The inclusion of a link in this report does not imply any ays review the terms and privacy policies at third-party websi publication of research reports, fundamental equity reports are produced on a regular basis as necessary to kee Certain outstanding reports may contain discussions and/or investment opinions relating to securities, financial instruments and/or issuers that are no longer current. Always refer to the most ing to an Issuer prior to making an investment decision. | Lynch is under no obligation to ensure that such mentioned in this report. d General Information regarding Research Reports: poration. All rights reserved. iQmethod, iQmethod 2.0, iQprofile, iQtoolkit, iQworks are service marks of Ban his research report is prepared for the use of BofA Merri s of Ban ny form of America Corporation. T or manner, without the express written consent o als by BofA Merrill Lynch and are not publicly-avail ment not to redistribute, retransmi public i , Including investment bankin errill sed on I Lynch , BofA any legal proceeding or issue arch personnel are ba plaintiffs, defendants, co-cefe e to any such vestment thesis. | instruments discussed herein is not intended to provide third-party website is at your own risk, and you should alw errill Lynch is not responsible for such terms and privacy he various jurisdictions in which we distribute research reports and other legal and BofA Merrill Lynch policy-re , or disclose to others the contents, opinions, co first obtaining expressed permission from an authorized officer of BofA Merrill Lynch. nformation. Facts and views presented in this material Lynch does not disclose certain client relationshi s, it has not been prepared as nor is it intended to express any legal conclusion, opinion or advice. Investors egal advisers as to issues of law relating to the subject matter of this report. BofA Merrill Lynch Global Research personnel’s knowledge of legal proceedings in which ity and/or its directors, officers and employees may be 5 and views presented in this material that rela proceedings have not been reviewed by, discussed wit ness areas of BofA Merrill Lynch in connection with the legal proceedings or matters relevant to such proceedings. port has been prepared independently of any issuer of securities mentioned herein and not in connection with any proposed offering of securities or as agent of s affiliates or their research analysts has any authority whatsoever to make any representation or warranty on behalf of the issuer(s). Bo arch personnel from disclosing a recommendation, investment rating, or investment thesis for review by an issuer prior to the rames, assumptions other trading ideas or recommendations are brought of America Corpora f BofA Merrill Lynch. BofA Merri able materials. Any unaut g personnel. BofA Merrill Lynch ps wit ndants or co-plaintiffs wi ax advice or to be used by anyone to provide tax advi y website or any linked content contained in a third- policies and expressly disclaims any liability for them. p the investment recommendation current. has contracted direct pub ce. om part views a o ion. iQa nves y we jons that are inconsistent ind analytical 0 the attention of any and in connection ly and does not extend with the execution of any nalytics®, | Lynch clients and may not be redistributed, Lynch Global Research reports are distributed horized use or disclosure is prohibited. Receipt and nclusion, or information contained in this report have not been reviewed by, and may not reflect has established information barriers between h, or compensation received from, such issuers in hor involving issuers mentioned in this report is based h, and may not reflect information known to, any issuer of any A Merrill Lynch ication of a research ors are urged to ts accuracy. This report bsite. Content endorsement by or es before ated res rictions on the ed or may be Under Review or Extended Review. In each case, investors should consider any investment opinion relating to such issuer (or instruments) to be suspended or withdrawn and should not rely on the analyses and investment opinion(s) pertaining to such issuer (or its securities and/or nion(s) be considered a solicitation of any kind. Sales persons and financial advisors affiliated with MLPF&S or any of its affiliates may not solicit purchases of securities or financial instrumen his report or its contents. s that are Restricted or Under Review and may only solicit securities under Extended Review in accordance with firm policies. either BofA Merrill Lynch nor any officer or employee of BofA Merrill Lynch accepts any liability whatsoever for any direct, indirect or consequential damages or losses arising from any use of 64 Internet/e-Commerce | 06 April 2017 kof America <2 Merrill Lynch

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