Third Party Research Disclosures

This report has been prepared by William O’Neil + Co., Incorporated (“William O’Neil + Co.”), a registered investment adviser. This report may be distributed as 3rd party research by William O’Neil Securities Inc. (“William O’Neil Securities”), member of FINRA/SIPC. William O’Neil + Co. and William O’Neil Securities are affiliated companies.

In connection with the distribution of this report and under FINRA Rule 2241 (h)(4) and Notice to Members 15-30, William O’Neil Securities has no disclosures to declare specific to the subject company or companies.

General Disclaimers

Research provided in the attached report was prepared by William O’Neil + Co. and its analyst(s) identified on the attached report. William O’Neil Securities did not assist in the preparation of the accompanying report, and its accuracy and completeness are not guaranteed. The attached report is distributed solely for information purposes and is not a solicitation or an offer to buy any security or instrument or to participate in any trading strategy. The investment discussed may not be suitable for all investors. Investors must make their own decisions based on their specific investment objectives and financial circumstances. The research provided by William O’Neil + Co. may have been made available to customers of William O’Neil + Co. before being made available to William O’Neil Securities. Any opinions expressed or implied herein are not necessarily the same as those of William O’Neil Securities.