Michael D. Locke

Capital International, Inc. (CI) is a SEC-registered investment advisor headquartered in Los Angeles, California. The firm was founded in 1987 as Capital International Research & Management, Inc. The firm is a wholly-owned subsidiary of Capital Group International, Inc., ultimately held by The Capital Group Companies, Inc. CI provides investment management and advisory services to a registered investment company, other pooled investment vehicles exempt from registration, corporate entities, pension plans, endowments and foundations, certain affiliated companies, foreign governmental entities and other institutions.

Capital Guardian Trust Co. (CGTC) is a registered investment advisor headquartered in Los Angeles, California. The firm is a wholly-owned subsidiary of Capital Group International, Inc., ultimately held by The Capital Group Cos., Inc. The Capital Group Companies form one of the most experienced families of investment management firms in the world, dating to 1931, and have always been privately held. CGTC was chartered in 1968 under California banking laws as a non-depository trust company. They provides investment management and advisory services to large corporate and public pension plans, financial institutions, registered investment companies, endowments and foundations, foreign investors, and certain affiliated companies. In addition, the firm serves as the investment advisor to the trustee for privately-offered collective investment trusts that are exempt from SEC registration. CGTC also provides investment management to individuals, corporations, foundations, trusts and other investors through wrap fee programs or separate account client programs. The firm provides investment management and trust services to high net-worth individuals and trusts through the Capital Group Private Client Services (CGPCS) division.