REP, SPM/SUBC, EQNR, XOM, GLOBAL LNG, EU GAS, COMMODS, FTI: EU Energy Sector Specialist Commentary Oil - O&G - Utilities - Infrastructure

Research evidence excerpt

REP, SPM/SUBC, EQNR, XOM, GLOBAL LNG, EU GAS, COMMODS, FTI: EU Energy Sector Specialist Commentary Oil - O&G - Utilities - Infrastructure

o the Recommendation(s).

For details on how the Recommendation(s) varies from previous recommendations sent by the author of this/these Recommendation(s) please refer to Disclosure of J.P. Morgan's 12 month history of

investment recommendationswhere a list of all the recommendations produced by the author of this/these Recommendation(s) in the last 12 months can be found.

The Recommendation(s) has been prepared in accordance with J.P. Morgan’s policies for managing conflicts of interest which is available at the following link https://www.jpmorganchase.com/content/

dam/jpmc/jpmorgan-chase-and-co/documents/jpmc-coi-policy.pdf this policy describes the effective internal, organization and administrative arrangements J.P. Morgan has in place for the prevention and

avoidance of conflicts of interest. The remuneration of the both the legal and natural persons involved in the production of the Recommendation(s) may be directly or indirectly tied to trading fees or other

client revenue JPMS plc or any member of the J.P. Morgan group receives.

MAR Disclosure site: https://markets.jpmorgan.com/#disclosures.Market_Abuse_Regime

Access to any conference calls, meetings or events linked above will be, where relevant, subject to availability. These events are

not suitable for retail clients but are intended for professional and institutional clients only. Equally, these events are not

accessible to J.P. Morgan corporate clients, including their management teams and investor relations contacts. Some of the events

referenced above will only be available to and can only be attended by High Touch clients who have subscribed to certain J.P.