Europe Edge

Research evidence excerpt

Europe Edge

Nicolaie Alexandru-Chidesciuc (44 20) 7742-2466 Fatih Akcelik (44 20) 3493 7285 Europe Economic Research J P M O R G A Nnicolaie.alexandru@jpmorgan.com fatih.akcelik@jpmorgan.com

J.P. Morgan Securities plc 27 July 2026

Anatoliy A Shal (971) 4561-2005 Khamza Sharifzoda (44 20) 3493-3571

anatoliy.a.shal@jpmorgan.com khamza.sharifzoda@jpmorgan.com

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