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EMEA ASIA PACIFIC This material is for Professional Clients/Accredited Investors only. Hong Kong: This material is disseminated by Morgan Stanley Asia Limited for use in In the EU, MSIM and Eaton Vance materials are issued by MSIM Fund Management Hong Kong and shall only be made available to “professional investors” as defined (Ireland) Limited (“FMIL”). FMIL is regulated by the Central Bank of Ireland and under the Securities and Futures Ordinance of Hong Kong (Cap 571). The contents is incorporated in Ireland as a private company limited by shares with company of this material have not been reviewed nor approved by any regulatory authority registration number 616661 and has its registered address at 24-26 City Quay, including the Securities and Futures Commission in Hong Kong. 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Indirect charges also may be authorised financial adviser. incurred, such as brokerage commissions for incorporated securities. Since these charges and expenses are different depending on a contract and other factors, MSIMJ cannot present the rates, upper limits, etc. in advance. All clients should U.S. read the Documents Provided Prior to the Conclusion of a Contract carefully NOT FDIC INSURED | OFFER NO BANK GUARANTEE | MAY LOSE VALUE | before executing an agreement. This material is disseminated in Japan by MSIMJ, NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY | NOT A DEPOSIT Registered No. 410 (Director of Kanto Local Finance Bureau (Financial Instruments Firms)), Membership: the Japan Securities Dealers Association, The Investment Trusts Association, Japan, the Japan Investment Advisers Association and the Latin America (Brazil, Chile Colombia, Mexico, Peru, and Uruguay) Type II Financial Instruments Firms Association. This material is for use with an institutional investor or a qualified investor only. © 2023 Morgan Stanley. All rights reserved. All information contained herein is confidential and is for the exclusive use and review of the intended addressee, and may not be passed on to any third party. This material is provided for informational purposes only and does not constitute a public offering, solicitation or recommendation to buy or sell for any product, service, security and/or strategy. A decision to invest should only be made after reading the strategy documentation and conducting in-depth and independent due diligence. 14

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