Brandes Investment Partners (Europe) Limited (“Brandes Europe”) was incorporated in 2012 and is authorised by the Central Bank of Ireland to provide investment services under the European Communities Markets in Financial Instruments Directive (MiFID) Regulations 2007 (as amended). As may be permitted under local law, Brandes Europe will provide portfolio management services to clients in the Europe, Middle East, and Africa (“EMEA”) region. Brandes Europe is the investment manager to Brandes Investment Funds plc (the “UCITS Fund”). The UCITS Fund was incorporated under the laws of Ireland in 2002 and is authorised by the Central Bank of Ireland as a self-managed fund. The UCITS Fund is currently registered for offer and sale to the general public in France, Germany, Ireland, Luxembourg, the Netherlands, Spain, Switzerland and the United Kingdom. For more information please visit the UCITS Fund’s website at www.brandes.com/ucits. Support for the research and portfolio construction process will be provided to Brandes Europe by Brandes Investment Partners LP (“Brandes LP”). Brandes LP is a leading investment advisory firm, specialising in managing global equity and fixed income assets for clients worldwide. This page is produced by Brandes Europe and does not constitute an offer or solicitation to invest in Brandes Europe’s products. The products of Brandes Europe are not offered or sold to “U.S. Persons” as defined in Regulation S of the U.S. Securities Act of 1933. This page is directed only at professional/sophisticated investors located outside of the United States and financial intermediaries. It should not be shown or given to retail investors. Any entity responsible for forwarding this material to other parties takes responsibility for ensuring compliance with the financial promotion rules.