The Deloitte M&A IndexThe Deloitte M&A index is a forward-looking indicator that forecasts future global M&A deal volumes and identifies the factors influencing conditions for dealmaking. The Deloitte M&A Index has an accuracy rate of over 90% dating back to Q1 2008.

The changing skills of CEOs since 2009 has impacted corporate attitudes on M&A

M&A Dashboard

Q3 M&A deal forecast

$1.8trillion$1.5trillion H1 2014

10,700

9,662

10,437

11,555

10,49210,405

10,50010,300

H1 2015

Q2 Q3

Q4

Q1

Q2

Q3

Q3Q3

Global deal breakdown

ProfessionalServices

ManufacturingLife Sciences& Healthcare

ConsumerBusiness

Energy &Resources

Telecoms, Media & Technology

FinancialServices

Realestate

43419126

195304151285238

2014 2015

$535bn$384bn

The trend in cross-border outbound M&A investment from growth markets into G7 countries exceeding G7 outbound M&A investment into growth markets continues

Growth markets outbound deal values into G7 advanced economies.

Growth markets: Brazil, China (incl. Hong Kong), Czech Republic, Egypt, Hungary, India, Indonesia, Malaysia, Mexico, Morocco, Peru, Philippines, Poland, Russian Federation, South Africa, Taiwan, Thailand, Turkey, Saudi Arabia, United Arab Emirates.

G7 advanced economies outbound deal values into growth markets.

G7: Canada, France, Italy, Germany, Japan, UK and USA

of all deals camefrom North American

companies in H1 2015

50%

A sharp pickupin Asian deals

H1 2014

H1 2015

63FTSE 100 companies

have changed their CEO since 2009

H1 20152014

2014-15YTD

50%50%

$37bn$45bn

$19bn$29bn

GMG7GM

G7

CEOs without financial

background$135.1

bn

$47.4bn

CEOs with non-financial backgrounds accounted for two-thirds of total

spending on M&A in the last six years

CEOs withfinancial

background

2012-13

$50.1bn

$40.2bn

Global M&A hotspots

Q3 2015

Source: Thomson One Banker

Source: Thomson One Banker

Source: Thomson One Banker, Bloomberg and BoardEx

Source: Thomson One Banker

www.deloitte.co.uk/mna