not doing a thing about it

!"#$%"&!'$($#)&!'$(*"+#$&#
!"#$%&'&()*&+$,-.'%$*/&$01&'$-0,(2&$345.6$*0057.*8$9&&$/**1:;;20+&81&+.)1(&--8203;$<0($30(&$.'<0(3)*.0'8
!"#$%&'&()*&+$)*:$=&+>$?@$A,%$?BCD$CC:CE:CF$GHI
!"#$%#$&
'($)*+%&
!"#&%#&,&-.%*)&)"#/012)#3
4
5#"6+%.3%
47
8,((9)#3
:4
;1#.&-"<-=%&$(,*$)"#
:>
???@%1#6A)+%
:B
C)&$-"<-.%&$("9%.-+)D(1()%&
>4
E()#3-@%-$"-C)<%
FG
'H
7>
I)3A$&-)#$"-=(%10&???
7F
J%<%(%#*%&
'($)*+%-;",(*%&-1#.-!"#$()D,$"(&
K>
L013%-;",(*%&M-C)*%#&%&-1#.-!"#$()D,$"(&
K7
'($)*+%-C)*%#&%&
C)*%#&%
KK
I0'-&'-,-$+&2.-.0'J3)7.'%
!"#$%#$&$'(%)*$*"#+,-.*#/
KI0'-&'-,-K$(&+.(&2*-$/&(&8$#0($0*/&($,-&->$-&&$I0'-&'-,-$L+.-)36.%,)*.0'M8
H/.-$)(*.25&$.-$)60,*$*/&$+&2.-.0'$3)7.'%$1(02&--8$#0($*/&$+.-*(.6,*&+$2031,*.'%$1(065&3>$-&&$I0'-&'-,-$L2031,*&(
-2.&'2&M8$#0($*/&$=.7.1&+.)$105.2N$0'$20'-&'-,->$-&&$=.7.1&+.):I0'-&'-,-8
!"#$%#$&$' (%)*$*"#+,-.*#/' .-$ )$ %(0,1$ +&2.-.0'J3)7.'%$ 1(02&--$ */)*$ -&&7-$ */&$ 20'-&'*$ 0<$ )55$ 1)(*.2.1)'*-8
I0'-&'-,-$ 3)N$ 6&$ +&<.'&+$ 1(0<&--.0')55N$ )-$ )'$ )22&1*)65&$ (&-05,*.0'>$ 0'&$ */)*$ 2)'$ 6&$ -,110(*&+>$ &O&'$ .<$ '0*$ */&
K<)O0,(.*&K$0<$&)2/$.'+.O.+,)58$I0'-&'-,-$.-$+&<.'&+$6N$P&((.)3J=&6-*&($)->$<.(-*>$%&'&()5$)%(&&3&'*>$)'+$-&20'+>
%(0,1$ -05.+)(.*N$ 0<$ 6&5.&<$ 0($ -&'*.3&'*8$ Q*$ /)-$ .*-$ 0(.%.'$ .'$ */&$ R)*.'$ 40(+$ !"#$%#$&$' L)%(&&3&'*M>$ 4/.2/$ .-$ <(03
!"#$(#)*"' 3&)'.'%$ 5.*&()55N$ +((,' )-.()/(08$ Q*$ .-$ ,-&+$ *0$ +&-2(.6&$ 60*/$ */&$ +&2.-.0'$ )'+$ */&$ 1(02&--$ 0<$ (&)2/.'%$ )
+&2.-.0'8$ I0'-&'-,-$ +&2.-.0'J3)7.'%$ .-$ */,-$ 20'2&('&+$ 4.*/$ */&$ 1(02&--$ 0<$ +&5.6&()*.'%$ )'+$ <.')5.S.'%$ )$ +&2.-.0'>
)'+$*/&$-02.)5$)'+$105.*.2)5$&<<&2*-$0<$,-.'%$*/.-$1(02&--8
012%)3*4%$
A-$)$+&2.-.0'J3)7.'%$1(02&-->$20'-&'-,-$+&2.-.0'J3)7.'%$).3-$*0$6&:
T 5/6%%,%#3'7%%.*#/8'A$20'-&'-,-$+&2.-.0'$3)7.'%$1(02&--$)**&31*-$*0$/&51$&O&(N0'&$%&*$4/)*$*/&N$'&&+8
T !"99-1"6-3*4%8'!)(*.2.1)'*-$20'*(.6,*&$*0$)$-/)(&+$1(010-)5$)'+$-/)1&$.*$.'*0$)$+&2.-.0'$*/)*$3&&*-$*/&$20'2&('-$0<
)55$%(0,1$3&36&(-$)-$3,2/$)-$10--.65&8UCV
T !"":%6-3*4%8'!)(*.2.1)'*-$.'$)'$&<<&2*.O&$20'-&'-,-$1(02&--$-/0,5+$-*(.O&$*0$(&)2/$*/&$6&-*$10--.65&$+&2.-.0'$<0(
*/&$%(0,1$)'+$)55$0<$.*-$3&36&(->$()*/&($*/)'$2031&*.'%$<0($1&(-0')5$1(&<&(&'2&-8
T ;/-9*3-6*-#8'A55$3&36&(-$0<$)$20'-&'-,-$+&2.-.0'J3)7.'%$60+N$-/0,5+$6&$)<<0(+&+>$)-$3,2/$)-$10--.65&>$&W,)5
.'1,*$.'*0$*/&$1(02&--8$A55$3&36&(-$/)O&$*/&$0110(*,'.*N$*0$1(&-&'*>$)'+$)3&'+$1(010-)5-8
T <#)9&$*4%8'A-$3)'N$-*)7&/05+&(-$)-$10--.65&$-/0,5+$6&$.'O05O&+$.'$*/&$20'-&'-,-$+&2.-.0'J3)7.'%$1(02&--8
T =-63*)*:-3"6>8'H/&$20'-&'-,-$1(02&--$-/0,5+$)2*.O&5N$-05.2.*$*/&$.'1,*$)'+$1)(*.2.1)*.0'$0<$)55$+&2.-.0'J3)7&(-8
593%6#-3*4%'3"')",,"#'(%)*$*"#+,-.*#/':6-)3*)%$
I0'-&'-,-$+&2.-.0'J3)7.'%$.-$)'$)5*&(')*.O&$*0$20330'5N$1()2*.-&+$)+O&(-)(.)5$+&2.-.0'J3)7.'%$1(02&--&-8$1-2(0)3$
1&,($'-+'405(0>$<0($.'-*)'2&>$.-$)$1(02&--$,-&+$6N$3)'N$0(%)'.S)*.0'-8$H/&$%0)5$0<$X06&(*,-$X,5&-$.-$*0$-*(,2*,(&$*/&
+&6)*&$)'+$1)--)%&$0<$1(010-)5-$*/)*$4.'$)11(0O)5$*/(0,%/$3)Y0(.*N$O0*&8$H/.-$1(02&--$+0&-$'0*$&31/)-.S&$*/&$%0)5
0<$<,55$)%(&&3&'*8$I(.*.2-$0<$X06&(*,-$X,5&-$6&5.&O&$*/)*$*/&$1(02&--$2)'$.'O05O&$)+O&(-)(.)5$+&6)*&$)'+$*/&$<0(3)*.0'
0<$2031&*.'%$<)2*.0'-8$H/&-&$+N')3.2-$3)N$/)(3$%(0,1$3&36&($(&5)*.0'-/.1-$)'+$,'+&(3.'&$*/&$)6.5.*N$0<$)$%(0,1
*0$2001&()*.O&5N$.315&3&'*$)$20'*&'*.0,-$+&2.-.0'8
I0'-&'-,-$+&2.-.0'J3)7.'%$)**&31*-$*0$)++(&--$*/&$1(065&3-$0<$60*/$X06&(*,-$X,5&-$0<$Z(+&($)'+$*01J+04'$30+&5-8
!(010'&'*-$25).3$*/)*$0,*203&-$0<$*/&$20'-&'-,-$1(02&--$.'25,+&:U?V
T [&**&($"&2.-.0'-:$H/(0,%/$.'25,+.'%$*/&$.'1,*$0<$)55$-*)7&/05+&(-$*/&$(&-,5*.'%$1(010-)5-$3)N$6&**&($)++(&--$)55
10*&'*.)5$20'2&('-8
T [&**&($Q315&3&'*)*.0':$A$1(02&--$*/)*$.'25,+&-$)'+$(&-1&2*-$)55$1)(*.&->$)'+$%&'&()*&-$)-$3,2/$)%(&&3&'*$)10--.65&$-&*-$*/&$-*)%&$<0($%(&)*&($2001&()*.0'$.'$.315&3&'*.'%$*/&$(&-,5*.'%$+&2.-.0'-8
T [&**&($\(0,1$X&5)*.0'-/.1-:$A$2001&()*.O&>$2055)60()*.O&$%(0,1$)*30-1/&(&$2)'$<0-*&($%(&)*&($%(0,1$20/&-.0'$)'+
.'*&(1&(-0')5$20''&2*.0'8
C
I0'-&'-,-$+&2.-.0'J3)7.'%
?*$3"6*)-9'%@-,:9%$
!&(/)1-$ */&$ 05+&-*$ &])315&$ 0<$ 20'-&'-,-$ +&2.-.0'J3)7.'%$ .-$ */&$ Q(0W,0.-$ I0'<&+&()2N$ \()'+$ I0,'2.5>$ 0(
^),+&'0-),'&&>$ 4/.2/$ /)-$ ,-&+$ 20'-&'-,-$ .'$ +&2.-.0'J3)7.'%$ ,-.'%$ )$ @_`$ -,1&($ 3)Y0(.*N$ *0$ <.')5.S&$ +&2.-.0'->
10*&'*.)55N$)-$&)(5N$)-$CCD?8$a])315&-$0<$20'-&'-,-$+&2.-.0'J3)7.'%$2)'$5.7&5N$6&$<0,'+$)30'%$3)'N$.'+.%&'0,1&015&-=.7.1&+.):P)',)5$0<$9*N5&;=0(+-$*0$4)*2/bG'-,110(*&+$)**(.6,*.0'->$-,2/$)-$*/&$A<(.2)'$9)'8
A5*/0,%/$*/&$30+&('$101,5)(.*N$0<$20'-&'-,-$+&2.-.0'J3)7.'%$.'$=&-*&('$-02.&*N$+)*&-$<(03$*/&$403&'c-$5.6&()*.0'
30O&3&'*$ 0<$ */&$ Cd@B->$ )'+$ )'*.J',25&)($ 30O&3&'*$ */&$ 0(.%.'-$ 0<$ <0(3)5$ 20'-&'-,-$ 2)'$ 6&$ *()2&+$ -.%'.<.2)'*5N
<,(*/&($6)278
H/&$ 30-*$ '0*)65&$ 0<$ &)(5N$ =&-*&('$ 20'-&'-,-$ 1()2*.*.0'&(-$ )(&$ */&$ X&5.%.0,-$ 902.&*N$ 0<$ #(.&'+->$ 0($ e,)7&(->$ 4/0
)+01*&+$ */&$ *&2/'.W,&$ )-$ &)(5N$ )-$ */&$ C@*/$ 2&'*,(N8$ H/&$ A')6)1*.-*->$ 0($ P&''0'.*&->$ *00>$ /)O&$ )$ /.-*0(N$ 0<$ ,-.'%
20'-&'-,-$ +&2.-.0'J3)7.'%$ )'+$ -03&$ 6&5.&O&$ A')6)1*.-*-$ 1()2*.2&+$ 20'-&'-,-$ )-$ &)(5N$ )-$ */&$ P)(*N(-c$ 9N'0+$ 0<
C_?@8$ 903&$ I/(.-*.)'-$ *()2&$ 20'-&'-,-$ +&2.-.0'J3)7.'%$ 6)27$ *0$ */&$ [.65&8$ H/&$ \506)5$ A')6)1*.-*$ P&''0'.*&
a'2N2501&+.)$ (&<&(&'2&->$ .'$ 1)(*.2,5)(>$ A2*-$ C_$ )-$ )'$ &])315&$ 0<$ 20'-&'-,-$ .'$ */&$ f&4$ H&-*)3&'*8$ H/&$ 5)27$ 0<
5&%.*.3)*&$20'-&'-,-$1(02&--$.'$*/&$,')'.30,-$20'O.2*.0'$0<$g&-,-$6N$20((,1*$1(.&-*-$.'$)'$.55&%)55N$/&5+$9)'/&+(.'
20,(*$ L4/.2/$ /)+$ (,5&-$ 1(&O&'*.'%$ ,')'.30,-$ 20'O.2*.0'$ .'$ )$ /,((.&+$ 1(02&--M$ -*(0'%5N$ .'<5,&'2&+$ */&$ O.&4-$ 0<
1)2.<.-*$!(0*&-*)'*->$.'25,+.'%$*/&$A')6)1*.-*-$LP&''0'.*&-;A3.-/M>$e,)7&(-$)'+$9/)7&(-8$Q'$1)(*.2,5)($.*$.'<5,&'2&+
*/&.($ +.-*(,-*$ 0<$ &]1&(*J5&+$ 20,(*(003-$ )'+$ *0$ K6&$ 25&)($ )60,*$ 1(02&--K$ )'+$ 20'O&'&$ .'$ )$ 4)N$ */)*$ )--,(&-$ */)*
K&O&(N0'&$3,-*$6&$/&)(+K$UFV8
H/&$ Z]<0(+$ a'%5.-/$ ".2*.0')(N$ 2(&+.*-$ P055.&$ ^,'*&($ LCd??J?BC?M$ 4.*/$ <05504.'%$ W,0*)*.0'$ (&%)(+.'%$ 20'-&'-,-:
Kf0$-.'%5&$%(0,1$/)-$*/&$(.%/*$*0$.%'0(&$)$20'-&'-,-$0<$*/0,%/*<,5$01.'.0'KUDV
A%)*$*"#'6&9%$
H/&$ 5&O&5$ 0<$ )%(&&3&'*$ '&2&--)(N$ *0$ <.')5.S&$ )$ +&2.-.0'$ .-$ 7'04'$ )-$ )$ +&2.-.0'$ (,5&8U_V$ !0--.65&$ +&2.-.0'$ (,5&-$ <0(
20'-&'-,-$O)(N$4.*/.'$*/&$<05504.'%$()'%&:
T
T
T
T
T
T
T
T
G')'.30,-$)%(&&3&'*
G')'.30,-$20'-&'*$L9&&$)%(&&3&'*$O-$20'-&'*$6&504M
G')'.30,-$)%(&&3&'*$3.',-$0'&$O0*&$0($*40$O0*&G')'.30,-$20'-&'*$3.',-$0'&$O0*&$0($*40$O0*&9,1&($3)Y0(.*N$*/(&-/05+-$LdB`>$EB`>$@_`>$*40J*/.(+->$)'+$hB`$)(&$20330'M8
9.315&$3)Y0(.*N
a]&2,*.O&$2033.**&&$+&2.+&!&(-0'J.'J2/)(%&$+&2.+&-
Q'$ %(0,1-$ */)*$ (&W,.(&$ ,')'.30,-$ )%(&&3&'*$ 0($ 20'-&'*$ L,')'.3.*NM$ *0$ )11(0O&$ %(0,1$ +&2.-.0'->$ .<$ )'N$ 1)(*.2.1)'*
06Y&2*->$*/&N$2)'$65027$20'-&'-,-$)220(+.'%$*0$*/&$%,.+&5.'&-$+&-2(.6&+$6&5048$H/&-&$%(0,1-$,-&$*/&$*&(3$20'-&'-,*0$ +&'0*&$ 60*/$ */&$ +.-2,--.0'$ 1(02&--$ )'+$ */&$ +&2.-.0'$ (,5&8$ Z*/&($ %(0,1-$ ,-&$ )$ 20'-&'-,-$ 1(02&--$ *0$ %&'&()*&$ )3,2/$ )%(&&3&'*$ )-$ 10--.65&>$ 6,*$ )5504$ 1)(*.2.1)'*-$ *0$ <.')5.S&$ +&2.-.0'-$ 4.*/$ )$ +&2.-.0'$ (,5&$ */)*$ +0&-$ '0*$ (&W,.(&
,')'.3.*N8$Q'$*/.-$2)-&>$-03&0'&$4/0$/)-$)$c65027c$0($-*(0'%$06Y&2*.0'$3,-*$5.O&$4.*/$*/&$+&2.-.0'8
5/6%%,%#3'4$B')"#$%#3
\.O.'%$20'-&'*$+0&-$'0*$'&2&--)(.5N$3&)'$*/)*$*/&$1(010-)5$6&.'%$20'-.+&(&+$.-$0'&,-$<.(-*$2/0.2&8$\(0,1$3&36&(2)'$ O0*&$ */&.($ 20'-&'*$ *0$ )$ 1(010-)5$ 6&2),-&$ */&N$ 2/00-&$ *0$ 2001&()*&$ 4.*/$ */&$ +.(&2*.0'$ 0<$ */&$ %(0,1>$ ()*/&($ */)'
.'-.-*$0'$*/&.($1&(-0')5$1(&<&(&'2&8$903&*.3&-$*/&$O0*&$0'$)$1(010-)5$.-$<()3&+>$-Q-$*/.-$1(010-)5$-03&*/.'%$N0,$2)'
5.O&$4.*/i.$H/.-$(&5)]&+$*/(&-/05+$<0($)$N&-$O0*&$2)'$)2/.&O&$<,55$20'-&'*8$H/.-$<,55$20'-&'*>$/04&O&(>$+0&-$'0*$3&)'
*/)*$&O&(N0'&$.-$.'$<,55$)%(&&3&'*8$I0'-&'*$3,-*$6&$c%&',.'&$)'+$2)''0*$6&$06*).'&+$6N$<0(2&>$+,(&--$0($<(),+c$UhV
?
I0'-&'-,-$+&2.-.0'J3)7.'%
C%-6+D#-#*,"&$'!"#$%#$&$
^&)5*/N$ 20'-&'-,-$ +&2.-.0'J3)7.'%$ 1(02&--&-$ ,-,)55N$ &'20,()%&$ )'+$ 0,*$ +.--&'*$ &)(5N>$ 3)].3.S.'%$ */&$ 2/)'2&$ 0<
)220330+)*.'%$*/&$O.&4-$0<$)55$3.'0(.*.&-8$9.'2&$,')'.3.*N$3)N$6&$+.<<.2,5*$*0$)2/.&O&>$&-1&2.)55N$.'$5)(%&$%(0,1->
0($ ,')'.3.*N$ 3)N$ 6&$ */&$ (&-,5*$ 0<$ 20&(2.0'>$ <&)(>$ ,'+,&$ 1&(-,)-.O&$ 104&($ 0($ &50W,&'2&>$ .')6.5.*N$ *0$ 2031(&/&'+
)5*&(')*.O&->$ 0($ 15).'$ .31)*.&'2&$ 4.*/$ */&$ 1(02&--$ 0<$ +&6)*&>$ 20'-&'-,-$ +&2.-.0'J3)7.'%$ 60+.&-$ 3)N$ ,-&$ )'
)5*&(')*.O&$6&'2/3)(7$0<$20'-&'-,-8$H/&-&$.'25,+&$*/&$<05504.'%:=.7.1&+.):I.*)*.0'$'&&+&+
T D#-#*,*3>',*#&$'"#%'L0($G/CM>$(&W,.(&-$)55$+&5&%)*&-$6,*$0'&$*0$-,110(*$*/&$+&2.-.0'8$H/&$.'+.O.+,)5$+.--&'*&(
2)''0*$65027$*/&$+&2.-.0'$)5*/0,%/$/&$0($-/&$3)N$6&$)65&$*0$1(050'%$+&6)*&$L&8%8$O.)$)$<.5.6,-*&(M8$H/&$+.--&'*&(
3)N$6&$*/&$0'%0.'%$30'.*0($0<$*/&$.315.2)*.0'-$0<$*/&$+&2.-.0'>$)'+$*/&.($01.'.0'$0<$*/&$0,*203&$0<$*/&$+&2.-.0'
3)N$6&$-05.2.*&+$)*$-03&$<,*,(&$*.3&8$[&**.'%$3)(7&*-$.'$1)(*.2,5)($(&5N$0'$*/&$.'1,*$0<$-,2/$50'&$+.--&'*&(-8$A
50'&$6&**0($)%).'-*$*/&$0++-$1(0<.*-$4/&'$/.-$0($/&($1(&+.2*.0'$0<$*/&$0,*203&-$1(0O&-$6&**&($*/)'$*/)*$0<$*/&
3)Y0(.*N8$H/.-$+.-2.15.'&-$*/&$3)(7&*c-$0++-8
T D#-#*,*3>',*#&$'3E"'L0($G/?M>$+0&-$'0*$1&(3.*$*40$.'+.O.+,)5$+&5&%)*&-$*0$65027$)$+&2.-.0'$)'+$*&'+-$*0$2,(*).5
+&6)*&$4.*/$)$50'&$+.--&'*&($30(&$W,.275N8$".--&'*.'%$67*0$'2)'$1(&-&'*$)5*&(')*&$O.&4-$0<$4/)*$.-$4(0'%$4.*/$*/&
+&2.-.0'$,'+&($20'-.+&()*.0'8$!).(-$0<$+&5&%)*&-$2)'$6&$&3104&(&+$*0$<.'+$20330'$%(0,'+$*/)*$&')65&-$*/&3$*0
20'O.'2&$)$*/.(+>$+&2.-.0'J65027.'%>$+&2.-.0'J3)7&($*0$Y0.'$*/&38$Q<$*/&$1).($2)'c*$20'O.'2&$)$*/.(+$1)(*N$*0$Y0.'
*/&3>$*N1.2)55N$4.*/.'$)$-&*$*.3&>$*/&.($)(%,3&'*-$)(&$+&&3&+$,'20'O.'2.'%8
T D#-#*,*3>',*#&$'3F6%%>$L0($G/FM>$)'+$0*/&($-,2/$-N-*&3-$(&20%'.S&$*/&$)6.5.*N$0<$<0,($0($30(&$+&5&%)*&-$*0
)2*.O&5N$65027$)$+&2.-.0'8$G/F$)'+$5&--&($+&%(&&-$0<$,')'.3.*N$)(&$,-,)55N$5,31&+$.'$4.*/$-*)*.-*.2)5$3&)-,(&-$0<
)%(&&3&'*>$-,2/$)-:$EB`>$3&)'$15,-$0'&$-.%3)>$*40J*/.(+->$0($3)Y0(.*N$5&O&5-$0<$)%(&&3&'*8$9,2/$3&)-,(&,-,)55N$+0$'0*$<.*$4.*/.'$*/&$+&<.'.*.0'$0<$20'-&'-,-8
!"#$%#$&$'19").*#/'-#('"3F%6'G"6,$'"G'(*$$%#3
\(0,1-$*/)*$(&W,.(&$,')'.3.*N$)5504$.'+.O.+,)5$1)(*.2.1)'*-$*/&$01*.0'$0<$65027.'%$)$%(0,1$+&2.-.0'8$H/.-$1(0O.-.0'
30*.O)*&-$ )$ %(0,1$ *0$ 3)7&$ -,(&$ */)*$ )55$ %(0,1$ 3&36&(-$ 20'-&'*$ *0$ )'N$ '&4$ 1(010-)5$ 6&<0(&$ .*$ .-$ )+01*&+8$ !(01&(
%,.+&5.'&-$ <0($ */&$ ,-&$ 0<$ */.-$ 01*.0'>$ /04&O&(>$ )(&$ .310(*)'*8$ H/&$ &*/.2-$ 0<$ 20'-&'-,-$ +&2.-.0'J3)7.'%$ &'20,()%&
1)(*.2.1)'*-$*0$15)2&$*/&$%00+$0<$*/&$4/05&$%(0,1$)60O&$*/&.($04'$.'+.O.+,)5$1(&<&(&'2&-8$=/&'$*/&(&$.-$10*&'*.)5$<0(
)$65027$*0$)$%(0,1$+&2.-.0'>$60*/$*/&$%(0,1$)'+$+.--&'*&(-$.'$*/&$%(0,1$)(&$&'20,()%&+$*0$2055)60()*&$,'*.5$)%(&&3&'*
2)'$6&$(&)2/&+8$9.315N$O&*0.'%$)$+&2.-.0'$.-$'0*$20'-.+&(&+$)$(&-10'-.65&$,-&$0<$20'-&'-,-$65027.'%8$903&$20330'
%,.+&5.'&-$<0($*/&$,-&$0<$20'-&'-,-$65027.'%$.'25,+&:U@V
T R.3.*.'%$*/&$01*.0'$*0$65027$20'-&'-,-$*0$.--,&-$*/)*$)(&$<,'+)3&'*)5$*0$*/&$%(0,1,-$3.--.0'$0($10*&'*.)55N
+.-)-*(0,-$*0$*/&$%(0,18
T !(0O.+.'%$)'$01*.0'$<0($*/0-&$4/0$+0$'0*$-,110(*$)$1(010-)5$*0$--*)'+$)-.+&.$()*/&($*/)'$650278
T X&W,.(.'%$)$65027$<(03$*40$0($30(&$1&015&$*0$1,*$)$1(010-)5$)-.+&8
T X&W,.(.'%$*/&$65027.'%$1)(*N$*0$-,115N$)'$)5*&(')*.O&$1(010-)5$0($)$1(02&--$<0($%&'&()*.'%$0'&8
T R.3.*.'%$&)2/$1&(-0',-$01*.0'$*0$65027$20'-&'-,-$*0$)$/)'+<,5$0<$*.3&-$.'$0'&,-$5.<&8
A*$$%#3'":3*"#$
=/&'$ )$ 1)(*.2.1)'*$ +0&-$ '0*$ -,110(*$ )$ 1(010-)5>$ /&$ 0($ -/&$ +0&-$ '0*$ '&2&--)(.5N$ '&&+$ *0$ 65027$ .*8$ =/&'$ )$ 2)55$ <0(
20'-&'-,-$0'$)$30*.0'$.-$3)+&>$)$+.--&'*.'%$+&5&%)*&$/)-$0'&$0<$*/(&&$01*.0'-:
T A%)9-6%'6%$%64-3*"#$8'\(0,1$3&36&(-$4/0$)(&$4.55.'%$*0$5&*$)$30*.0'$1)--$6,*$+&-.(&$*0$(&%.-*&($*/&.($20'2&('4.*/$*/&$%(0,1$3)N$2/00-&$K+&25)(&$(&-&(O)*.0'-8K$Q<$*/&(&$)(&$-.%'.<.2)'*$(&-&(O)*.0'-$)60,*$)$30*.0'>$*/&
+&2.-.0'J3)7.'%$60+N$3)N$2/00-&$*0$30+.<N$0($(&J40(+$*/&$1(010-)58
T 73-#('-$*(%8'A$K-*)'+$)-.+&K$3)N$6&$(&%.-*&(&+$6N$)$%(0,1$3&36&($4/0$/)-$)$K-&(.0,-$1&(-0')5$+.-)%(&&3&'*K$
4.*/$)$1(010-)5>$6,*$.-$4.55.'%$*0$5&*$*/&$30*.0'$1)--8$A5*/0,%/$-*)'+$)-.+&-$+0$'0*$/)5*$)$30*.0'>$.*$.-$0<*&'$
(&%)(+&+$)-$)$-*(0'%$K')N$O0*&K$)'+$*/&$20'2&('-$0<$%(0,1$3&36&(-$-*)'+.'%$)-.+&$)(&$,-,)55N$)++(&--&+$6N
F
I0'-&'-,-$+&2.-.0'J3)7.'%
30+.<.2)*.0'-$*0$*/&$1(010-)58$9*)'+$)-.+&-$3)N$)5-0$6&$(&%.-*&(&+$6N$,-&(-$4/0$<&&5$*/&N$)(&$.'2)1)65&$0<
)+&W,)*&5N$,'+&(-*)'+.'%$0($1)(*.2.1)*.'%$.'$*/&$1(010-)58
T H9").8'A'N$%(0,1$3&36&($3)N$K65027K$)$1(010-)58$Q'$30-*$30+&5->$)$-.'%5&$65027$.-$-,<<.2.&'*$*0$-*01$)$1(010-)5>
)5*/0,%/$-03&$3&)-,(&-$0<$20'-&'-,-$3)N$(&W,.(&$30(&$*/)'$0'&$65027$L-&&$1(&O.0,-$-&2*.0'>$8(!*$*-#'0&,($M8
[5027-$ )(&$ %&'&()55N$ 20'-.+&(&+$ )'$ &]*(&3&$ 3&)-,(&00'5N$ ,-&+$ 4/&'$ )$ 3&36&($ <&&5-$ )$ 1(010-)5$ &'+)'%&(-$ */&
0(%)'.S)*.0'$ 0($ .*-$ 1)(*.2.1)'*->$ 0($ O.05)*&-$ */&$ 3.--.0'$ 0<$ */&$ 0(%)'.S)*.0'$ L.8&8>$ )$ 1(.'2.15&+$ 06Y&2*.0'M8$ Q'$ -03&
20'-&'-,-$30+&5->$)$%(0,1$3&36&($0110-.'%$)$1(010-)5$3,-*$40(7$4.*/$.*-$1(010'&'*-$*0$<.'+$)$-05,*.0'$*/)*$40(7<0($&O&(N0'&8
!"#$%#$&$'=6")%$$
H/&(&$)(&$3,5*.15&$-*&14.-&$30+&5-$0<$/04$*0$3)7&$+&2.-.0'-$6N$20'-&'-,-8$H/&N$O)(N$.'$*/&$)30,'*$0<$+&*).5$*/&
-*&1-$+&-2(.6&8$H/&N$)5-0$O)(N$+&1&'+.'%$0'$/04$+&2.-.0'-$)(&$<.')5.S&+8$H/&$6)-.2$30+&5$.'O05O&T 2055)60()*.O&5N$%&'&()*.'%$)$1(010-)5>
T .+&'*.<N.'%$,'-)*.-<.&+$20'2&('->$)'+$*/&'
T 30+.<N.'%$*/&$1(010-)5$*0$%&'&()*&$)-$3,2/$)%(&&3&'*$)-$10--.65&8
A<*&($)$20'2&(*&+$)**&31*$)*$%&'&()*.'%$<,55$)%(&&3&'*>$*/&$%(0,1$2)'$*/&'$)115N$.*-$<.')5$+&2.-.0'$(,5&$*0$+&*&(3.'&$.<
*/&$&].-*.'%$5&O&5$0<$)%(&&3&'*$.-$-,<<.2.&'*$*0$<.')5.S&$)$+&2.-.0'8
7:%)*G*)',"(%9$
!"#$%#$&$'(%)*$*"#+,-.*#/'E*3F')"#$%#$&$'19").*#/
\(0,1-$*/)*$(&W,.(&$,')'.3.*N$20330'5N$,-&$)$20(&$-&*
0<$1(02&+,(&-$+&1.2*&+$.'$*/.-$<504$2/)(*8
Z'2&$ )'$ )%&'+)$ <0($ +.-2,--.0'$ /)-$ 6&&'$ -&*$ )'+>
01*.0')55N>$*/&$%(0,'+$(,5&-$<0($*/&$3&&*.'%$/)O&$6&&'
)%(&&+$ ,10'>$ &)2/$ .*&3$ 0<$ */&$ )%&'+)$ .-$ )++(&--&+$ .'
*,('8$ HN1.2)55N>$ &)2/$ +&2.-.0'$ )(.-.'%$ <(03$ )'$ )%&'+)
.*&3$<05504-$*/(0,%/$)$-.315&$-*(,2*,(&:
T A*$)&$$*"#'"G'3F%'*3%,8'H/&$.*&3$.-$+.-2,--&+$4.*/
*/&$%0)5$0<$.+&'*.<N.'%$01.'.0'-$)'+$.'<0(3)*.0'$0'
*/&$*01.2$)*$/)'+8$H/&$%&'&()5$+.(&2*.0'$0<$*/&$%(0,1
)'+$10*&'*.)5$1(010-)5-$<0($)2*.0'$)(&$0<*&'
.+&'*.<.&+$+,(.'%$*/&$+.-2,--.0'8
T I"6,-3*"#'"G'-':6":"$-98'[)-&+$0'$*/&$+.-2,--.0'
)$<0(3)5$+&2.-.0'$1(010-)5$0'$*/&$.--,&$.-$1(&-&'*&+
*0$*/&$%(0,18
T !-99'G"6')"#$%#$&$8'H/&$<)2.5.*)*0($0<$*/&
+&2.-.0'J3)7.'%$60+N$2)55-$<0($20'-&'-,-$0'$*/&
1(010-)58$a)2/$3&36&($0<$*/&$%(0,1$,-,)55N$3,-*
)2*.O&5N$-*)*&$*/&.($)%(&&3&'*$4.*/$*/&$1(010-)5>
#5042/)(*$0<$6)-.2$20'-&'-,-$+&2.-.0'J3)7.'%$1(02&--8
0<*&'$6N$,-.'%$)$/)'+$%&-*,(&$0($().-.'%$)$2050(&+
2)(+>$*0$)O0.+$*/&$%(0,1$.'*&(1(&*.'%$-.5&'2&$0(
.')2*.0'$)-$)%(&&3&'*8$H/&$',36&($0<$65027-$.-$20,'*&+$*0$+&*&(3.'&$.<$*/.-$-*&1c-$20'-&'*$*/(&-/05+$.-$-)*.-<.&+8$Q<
.*$.->$+.--&'*&(-$)(&$)-7&+$*0$2055)60()*&$0'$)$3.'0(.*N$10-.*.0'$0($-*)*&3&'*$-0$*/)*$)'N$,'.W,&$0($-/)(&+$20'2&('-$
4.*/$1(02&&+.'%$4.*/$*/&$)%(&&3&'*>$0($)'N$/)(3->$2)'$6&$)++(&--&+;3.'.3.S&+8$9/*$'!7#'/766(#'(:(#'*+')/(
D
I0'-&'-,-$+&2.-.0'J3)7.'%
!-#$(#)')/0($/-,5'*$'&#7#*;*)<='($6(!*7,,<'*+';7#<':-)(0$'$)7#5'7$*5(>
T <(%#3*G*)-3*"#'-#('-((6%$$*#/'"G')"#)%6#$8'Q<$20'-&'-,-$.-$'0*$)2/.&O&+>$&)2/$+.--&'*&($1(&-&'*-$/.-$0($/&(
20'2&('-$0'$*/&$1(010-)5>$10*&'*.)55N$-*)(*.'%$)'0*/&($(0,'+$0<$+.-2,--.0'$*0$)++(&--$0($25)(.<N$*/&$20'2&('8
T J"(*G*)-3*"#'"G'3F%':6":"$-98'H/&$1(010-)5$.-$)3&'+&+>$(&J1/()-&+$0($(.+&(&+$.'$)'$)**&31*$*0$)++(&--$*/&
20'2&('-$0<$*/&$+&2.-.0'J3)7&(-8$H/&$1(02&--$*/&'$(&*,('-$*0$*/&$2)55$<0($20'-&'-,-$)'+$*/&$2N25&$.-$(&1&)*&+$,'*.5
)$-)*.-<)2*0(N$+&2.-.0'$1)--&-$*/&$20'-&'*$*/(&-/05+$<0($*/&$%(0,18
K&-.%6+H-$%(',"(%9
e,)7&(J6)-&+$ 20'-&'-,-UEV$ .-$ &<<&2*.O&$ 6&2),-&$ .*$ 1,*-$ .'$ 15)2&$ )$ -.315&>$ *.3&J*&-*&+$ -*(,2*,(&$ */)*$ 30O&-$ )$ %(0,1
*04)(+-$ ,'.*N8$ H/&$ e,)7&($ 30+&5$ /)-$ 6&&'$ &3150N&+$ .'$ )$ O)(.&*N$ 0<$ -&2,5)($ -&**.'%-8$ H/&$ 1(02&--$ )5504-$ /&)(.'%
.'+.O.+,)5$O0.2&-$4/.5&$1(0O.+.'%$)$3&2/)'.-3$<0($+&)5.'%$4.*/$+.-)%(&&3&'*-8UdVUCBV
H/&$ <05504.'%$ )-1&2*-$ 0<$ */&$ e,)7&($ 30+&5$ 2)'$ 6&$ &<<&2*.O&5N$ )115.&+$ .'$ )'N$ 20'-&'-,-$ +&2.-.0'J3)7.'%$ 1(02&-->
)'+$.-$)'$)+)1*)*.0'$1(&1)(&+$6N$a)(5/)3$I055&%&:
T
T
T
T
T
T
T
T
T
P,5*.15&$20'2&('-$)'+$.'<0(3)*.0'$)(&$-/)(&+$,'*.5$*/&$-&'-&$0<$*/&$%(0,1$.-$25&)(8
".-2,--.0'$.'O05O&-$)2*.O&$5.-*&'.'%$)'+$-/)(.'%$.'<0(3)*.0'8
f0(3-$5.3.*$',36&($0<$*.3&-$0'&$)-7-$*0$-1&)7$*0$&'-,(&$*/)*$&)2/$-1&)7&($.-$<,55N$/&)(+8
Q+&)-$)'+$-05,*.0'-$6&50'%$*0$*/&$%(0,1j$'0$')3&-$)(&$(&20(+&+8
".<<&(&'2&-$)(&$(&-05O&+$6N$+.-2,--.0'8$H/&$<)2.5.*)*0($LK25&(7K$0($K20'O&'0(K$.'$*/&$e,)7&($30+&5M$.+&'*.<.&)(&)-$0<$)%(&&3&'*$)'+$')3&-$+.-)%(&&3&'*-$*0$1,-/$+.-2,--.0'$+&&1&(8
H/&$<)2.5.*)*0($)(*.2,5)*&-$*/&$-&'-&$0<$*/&$+.-2,--.0'>$)-7-$.<$*/&(&$)(&$0*/&($20'2&('->$)'+$1(010-&-$)$K3.',*&K$0<
*/&$+&2.-.0'8
H/&$%(0,1$)-$)$4/05&$.-$(&-10'-.65&$<0($*/&$+&2.-.0'$)'+$*/&$+&2.-.0'$6&50'%-$*0$*/&$%(0,18
H/&$<)2.5.*)*0($2)'$+.-2&('$.<$0'&$4/0$.-$'0*$,'.*.'%$4.*/$*/&$+&2.-.0'$.-$)2*.'%$4.*/0,*$20'2&('$<0($*/&$%(0,1$0($.'
-&5<.-/$.'*&(&-*8
".--&'*&(-c$1&(-1&2*.O&-$)(&$&36()2&+8
k&N$ 20310'&'*-$ 0<$ e,)7&(J6)-&+$ 20'-&'-,-$ .'25,+&$ )$ 6&5.&<$ .'$ )$ 20330'$ /,3)'.*N$ )'+$ */&$ )6.5.*N$ *0$ +&2.+&
*0%&*/&(8$ H/&$ %0)5$ .-$ K,'.*N>$ '0*$ ,')'.3.*N8K$ a'-,(.'%$ */)*$ %(0,1$ 3&36&(-$ -1&)7$ 0'5N$ 0'2&$ ,'*.5$ 0*/&(-$ )(&$ /&)(+
&'20,()%&-$ )$ +.O&(-.*N$ 0<$ */0,%/*8$ H/&$ <)2.5.*)*0($ .-$ ,'+&(-*00+$ )-$ -&(O.'%$ */&$ %(0,1$ ()*/&($ */)'$ )2*.'%$ )1&(-0'J.'J2/)(%&8UCCV$ Q'$ */&$ e,)7&($ 30+&5>$ )-$ 4.*/$ 0*/&($ 20'-&'-,-$ +&2.-.0'J3)7.'%$ 1(02&--&->$ 6N$ )(*.2,5)*.'%$ */&
&3&(%.'%$ 20'-&'-,->$ 3&36&(-$ 2)'$ 6&$ 25&)($ 0'$ */&$ +&2.-.0'>$ )'+>$ )-$ */&.($ O.&4-$ /)O&$ 6&&'$ *)7&'$ .'*0$ )220,'*>$ )(&
5.7&5N$*0$-,110(*$.*8UC?V
J"(%6#'L-6/%+M6"&:'K&-.%6'=6")%$$%$
#GP;#\I$ #(.&'+-$ 20'+,2*$ 6,-.'&--$ .'$ N&)(5N$ 3&&*.'%-$ 0<$ 1&(/)1-$ CBB$ *0$ _BB$ 1)(*.2.1)'*-8$ ZO&($ */&$ 5)-*$ */(&&
2&'*,(.&-$*/&N$/)O&$&O05O&+$)$',36&($0<$1()2*.2&-$1&2,5.)($*0$*/&.($).3-8$H/&$<05504.'%$1()2*.2&-$)(&$*()+.*.0')5$.'
60*/$f&4$l0(7$l&)(5N$P&&*.'%$)'+$.'$f&4$a'%5)'+$l&)(5N$P&&*.'%:
T A$*N1.2)5$N&)(5N$3&&*.'%$-&--.0'$/)-$)$1(&-.+.'%$25&(7>$0'&$0($*40$(&20(+.'%$25&(7-$)'+$)$(&)+.'%$25&(7$0'$-*)%&8
!)(*.*.0'.'%$*/&$40(7$50)+$4.*/$&]*()$25&(7-$504&(-$*/&$-*(&--$5&O&5$0'$*/&$1(&-.+.'%$25&(78
T [,-.'&--$-&--.0'-$-*)(*$4.*/$)$1&(.0+$0<$20(10()*&$-.5&'*$40(-/.18
T A$1&(.0+$0<$-.5&'*$40(-/.1>$1&(/)1-$*/.(*N$-&20'+->$.-$)550**&+$6N$*/&$1(&-.+.'%$25&(7$)<*&($&)2/$1&(-0'$-1&)7-8$H/.-504-$*/&$1)2&$0<$*/&$6,-.'&--$3&&*.'%$+04'$)'+$)5504-$1&015&$*0$20'*&315)*&$1&015&c-$3&--)%&-8
T H/&$,-&$0<$4.(&5&--$3.2(01/0'&-$/&51-$*0$-504$+04'$*/&$1)2&$0<$*/&$3&&*.'%8$m05,'*&&($3.2(01/0'&$(,''&(-$)(&
.'-*(,2*&+$*0$4)57$)*$)$(&)-0')65N$-504$1)2&$*04)(+$-03&0'&$-*)'+.'%$)'+$4).*.'%$*0$6&$(&20%'.S&+8
T H/&$25&(7$0<*&'$(&20%'.S&-$4/0$-1&)7-$<.(-*>$*/&'$-&20'+>$*/&'$*/.(+8
T A$1)-*0()5$2)(&$*&)3$,1/05+-$*/&$1(&-.+.'%$25&(7>$0($-.315N$*/&$25&(7>$.'$1()N&(8
_
I0'-&'-,-$+&2.-.0'J3)7.'%
T A**&31*-$)(&$3)+&$*0$*)7&$3.'0($&+.*.'%$<,'2*.0'-$0<<$0<$*/&$<500($0<$*/&$3&&*.'%8$P.',*&-$)(&$105.-/&+$6N$)
2033.**&&$6&<0(&$1(&-&'*.'%$*/&3$0'$*/&$3&&*.'%$<500(8$A55$-,%%&-*&+$-3)55$20((&2*.0'-$)(&$.'20(10()*&+$&.*/&($0'
*/&$-10*$6N$*/&$2),2,-.'%$25&(7->$0($)*$)$-1&2.)5$.31(031*,$3&&*.'%$)<*&($*/&$2,((&'*$6,-.'&--$-&--.0'$&'+-8
I0((&2*&+$3.',*&-$)(&$*/&'$6(0,%/*$6)27$0'*0$*/&$<500($0<$*/&$3&&*.'%$)*$)$5)*&($+)*&8
T P)Y0(>$20315&]$20'2&('-$(&-,5*$.'$)$2)55&+$*/(&-/.'%$-&--.0'>$)$3&&*.'%$0<$1&015&$30-*$20'2&('&+$)60,*$*/&$.--,&8
T f&4$a'%5)'+$l&)(5N$P&&*.'%$/)-$+.-20O&(&+$*/&$6&'&<.*-$0<$)'2/0($%(0,1->$%(0,1-$0<$)60,*$*&'$1)(*.2.1)'*-$4/0
3&&*$&O&(N$+)N$+,(.'%$)$3,5*.J+)N$N&)(5N$3&&*.'%8$!&015&$-03&*.3&-$'&&+$*0$O02)5.S&$*/&.($1&(-0')5$01.'.0'-$0'
.--,&-$*0$)$<&4$0*/&($1&015&>$.'$1)(*$6&2),-&$1&015&$*/.'7$)50,+8
aO&(N$ ?B$ 0($ FB$ N&)(->$ &)2/$ N&)(5N$ 3&&*.'%c-$ 20'-&'-,-$ 1()2*.2&-$ )(&$ (&J20+.<.&+$ .'$ )$ '&4$ &+.*.0'$ 0<$ */)*$ N&)(5N
3&&*.'%c-$#).*/$)'+$!()2*.2&$60078
!0AJ'J"(%9
H/&$I0'-&'-,-JZ(.&'*&+$"&2.-.0'JP)7.'%UCFV$ 30+&5$0<<&(-$)$+&*).5&+$-*&1J4.-&$+&-2(.1*.0'$0<$20'-&'-,-$1(02&--8$Q*
2)'$6&$,-&+$4.*/$)'N$*N1&$0<$+&2.-.0'$(,5&8$Q*$0,*5.'&-$*/&$1(02&--$0<$/04$1(010-)5-$2)'$6&$2055)60()*.O&5N$6,.5*$4.*/
<,55$1)(*.2.1)*.0'$0<$)55$-*)7&/05+&(-8$H/.-$30+&5$5&*-$%(0,1-$6&$<5&].65&$&'0,%/$*0$3)7&$+&2.-.0'-$4/&'$*/&N$'&&+$*0>
4/.5&$-*.55$<05504.'%$)$<0(3)*$6)-&+$0'$*/&$1(.3)(N$O)5,&-$0<$20'-&'-,-$+&2.-.0'J3)7.'%8$H/&$IZ"P$-*&1-$.'25,+&:
C8
?8
F8
D8
_8
h8
@8
#()3.'%$*/&$*01.2
Z1&'$".-2,--.0'
Q+&'*.<N.'%$G'+&(5N.'%$I0'2&('I055)60()*.O&$!(010-)5$[,.5+.'%
I/00-.'%$)$".(&2*.0'
9N'*/&-.S.'%$)$#.')5$!(010-)5
I50-,(&
04%69-:$'E*3F'(%9*1%6-3*4%',%3F"($
I0'-&'-,-$ +&2.-.0'J3)7.'%$ 30+&5-$ 0O&(5)1$ -.%'.<.2)'*5N$ 4.*/$ +&5.6&()*.O&$ 3&*/0+->$ 4/.2/$ )(&$ 1(02&--&-$ <0(
-*(,2*,(.'%$+.-2,--.0'$*/)*$3)N$0($3)N$'0*$6&$)$5&)+J.'$*0$)$+&2.-.0'8
N"9%$
H/&$20'-&'-,-$+&2.-.0'J3)7.'%$1(02&--$0<*&'$/)-$-&O&()5$(05&-$+&-.%'&+$*0$3)7&$*/&$1(02&--$(,'$30(&$&<<&2*.O&5N8
A5*/0,%/$ */&$ ')3&$ )'+$ ')*,(&$ 0<$ */&-&$ (05&-$ O)(.&-$ <(03$ %(0,1$ *0$ %(0,1>$ */&$ 30-*$ 20330'$ )(&$ */&$ <)2.5.*)*0(>$ )
*.3&7&&1&(>$)'$&31)*/$)'+$)$-&2(&*)(N$0($'0*&-$*)7&(8$f0*$)55$+&2.-.0'J3)7.'%$60+.&-$,-&$)55$0<$*/&-&$(05&->$)5*/0,%/
*/&$<)2.5.*)*0($10-.*.0'$.-$)530-*$)54)N-$<.55&+>$)'+$-03&$%(0,1-$,-&$-,115&3&'*)(N$(05&->$-,2/$)-$)$"&O.5c-$)+O02)*&
0($%(&&*&(8$903&$+&2.-.0'J3)7.'%$60+.&-$01*$*0$(0*)*&$*/&-&$(05&-$*/(0,%/$*/&$%(0,1$3&36&(-$.'$0(+&($*0$6,.5+$*/&
&]1&(.&'2&$)'+$-7.55-$0<$*/&$1)(*.2.1)'*->$)'+$1(&O&'*$)'N$1&(2&.O&+$20'2&'*()*.0'$0<$104&(8
H/&$20330'$(05&-$.'$)$20'-&'-,-$3&&*.'%$)(&:
T I-)*9*3-3"68'A-$*/&$')3&$.315.&->$*/&$(05&$0<$*/&$<)2.5.*)*0($.-$*0$/&51$3)7&$*/&$1(02&--$0<$(&)2/.'%$)$20'-&'-,+&2.-.0'$&)-.&(8$#)2.5.*)*0(-$)22&1*$(&-10'-.6.5.*N$<0($30O.'%$*/(0,%/$*/&$)%&'+)$0'$*.3&j$&'-,(.'%$*/&$%(0,1
)+/&(&-$*0$*/&$3,*,)55N$)%(&&+J,10'$3&2/)'.2-$0<$*/&$20'-&'-,-$1(02&--j$)'+>$.<$'&2&--)(N>$-,%%&-*.'%$)5*&(')*&
0($)++.*.0')5$+.-2,--.0'$0($+&2.-.0'J3)7.'%$*&2/'.W,&->$-,2/$)-$%0J)(0,'+->$6(&)7J0,*$%(0,1-$0($(05&J15)N.'%8
903&$20'-&'-,-$%(0,1-$,-&$*40$20J<)2.5.*)*0(-8$9/)(&+$<)2.5.*)*.0'$.-$0<*&'$)+01*&+$*0$+.<<,-&$*/&$1&(2&.O&+$104&(
0<$*/&$<)2.5.*)*0($)'+$2(&)*&$)$-N-*&3$4/&(&6N$)$20J<)2.5.*)*0($2)'$1)--$0<<$<)2.5.*)*.0'$+,*.&-$.<$/&$0($-/&$6&203&30(&$1&(-0')55N$&'%)%&+$.'$)$+&6)*&8
T O*,%.%%:%68'H/&$1,(10-&$0<$*/&$*.3&7&&1&($.-$*0$&'-,(&$*/&$+&2.-.0'J3)7.'%$60+N$7&&1-$*0$*/&$-2/&+,5&$-&*$.'$
*/&$)%&'+)8$a<<&2*.O&$*.3&7&&1&(-$,-&$)$O)(.&*N$0<$*&2/'.W,&-$*0$&'-,(&$*/&$3&&*.'%$(,'-$0'$*.3&$.'25,+.'%:$%.O.'%$
<(&W,&'*$*.3&$,1+)*&->$)315&$4)('.'%$0<$-/0(*$*.3&>$)'+$7&&1.'%$.'+.O.+,)5$-1&)7&(-$<(03$*)7.'%$)'$&]2&--.O&
h
I0'-&'-,-$+&2.-.0'J3)7.'%
)30,'*$0<$*.3&8
T ;,:-3F'"6'PQ*1%'R-3)FP8'H/&$&31)*/>$0($cO.6&$4)*2/c$)-$*/&$10-.*.0'$.-$-03&*.3&-$2)55&+>$.-$2/)(%&+$4.*/
30'.*0(.'%$*/&$c&30*.0')5$25.3)*&c$0<$*/&$3&&*.'%>$*)7.'%$'0*&$0<$*/&$60+N$5)'%,)%&$)'+$0*/&($'0'JO&(6)5$2,&-$0<
*/&$1)(*.2.1)'*-8$"&<,-.'%$10*&'*.)5$&30*.0')5$20'<5.2*->$3).'*).'.'%$)$25.3)*&$<(&&$0<$.'*.3.+)*.0'$)'+$6&.'%
)4)(&$0<$10*&'*.)55N$+&-*(,2*.O&$104&($+N')3.2->$-,2/$)-$-&].-3$0($()2.-3$4.*/.'$*/&$+&2.-.0'J3)7.'%$60+N>$)(&
*/&$1(.3)(N$(&-10'-.6.5.*.&-$0<$*/&$&31)*/8
T C"3%'3-.%68'H/&$(05&$0<$*/&$'0*&-$*)7&($0($-&2(&*)(N$.-$*0$+02,3&'*$*/&$+&2.-.0'->$+.-2,--.0'$)'+$)2*.0'$10.'*-$0<
*/&$+&2.-.0'J3)7.'%$60+N8
O""9$'-#(',%3F"($
C"#+4%61-9'3%)F#*S&%$
f0'JO&(6)5$ 3&)'-$ 0<$ &]1(&--.0'$ 2)'$ )5-0$ (&+,2&$ 20'*&'*.0'$ 0($ 7&&1$ .--,&-$ <(03$ -1(&)+.'%$ 0,*$ .'$ *.3&$ )2(0--$ )'
&'*.(&$3&&*.'%8$m)(.0,-$3&*/0+-$0<$)%&'+)$20'*(05$&].-*>$30-*5N$(&5N.'%$0'$)'$&]15.2.*$2/).(1&(-0'$4.*/$*/&$104&($*0
.'*&((,1*$ 0<<J*01.2$ 0($ ()365.'%$ +.-20,(-&8$ H/.-$ %&*-$ 30(&$ +.<<.2,5*$ .<$ */&(&$ .-$ '0$ -,2/$ 2/).($ )'+$ )220(+.'%5N$ */&
)**.*,+&$ 0<$ */&$ &'*.(&$ %(0,1$ 3,-*$ 6&$ )--&--&+$ 6N$ &)2/$ -1&)7&(8$ m&(6)5$ .'*&((,1*.0'-$ .'&O.*)65N$ 6&203&$ 20330'>
10--.65N$.'$*/&$<0(3$0<$%(,365.'%>$3,**&(.'%>$)'+$&O&'*,)55N$-/)(1$40(+->$.<$*/&(&$.-$'0$&<<&2*.O&$3&)'-$0<$2,**.'%
0<<$1&(-0'-$3)7.'%$<)5-&$<)2*,)5$-*)*&3&'*-$0($()365.'%$0<<$)$*01.28
H/&$ R&O.$ ^)'+$ 9.%')5$ H&2/'.W,&$ LR^9HM$ &3150N&+$ 6N$ Z*&-/)$ UCDV$ K)5504-$ 3&&*.'%$ 1)(*.2.1)'*-$ *0$ (&%.-*&($ */&.(
.'*&'*$ *0$ 3)7&$ *40$ +.-*.'2*$ 7.'+-$ 0<$ 2033&'*-:$ */0-&$ */)*$ )(&$ +.(&2*5N$ .'$ (&-10'-&$ *0$ -03&0'&$ &5-&c-$ 2033&'*
Lc(&)2*.O&$2033&'*-cM$)'+$*/0-&$*/)*$)(&$-&1)()*&$*/0,%/*-$Lc,'.W,&$2033&'*-cM8$Q'*&'*$*0$(&%.-*&($)$(&)2*.O&$2033&'*
.-$-.%')55&+$6N$)$+.<<&(&'*$/)'+$-.%')5$*/)'$.-$.'*&'*$*0$(&%.-*&($)$,'.W,&$2033&'*8$=&$,-&+$)'$.'+&]$<.'%&($<0($*/&
<0(3&($ )'+$ )$ <,55$ /)'+$ <0($ */&$ 5)**&(8K$ H/.-$ 25&)(-$ +.(&2*$ (&-10'-&-$ *0$ )$ 20'*&'*.0,-$ 2033&'*$ <)-*&(0)'+$ 3)7&-$ .*
/)(+&($*0$.'-&(*$.*$.'$)$50'%$-1&)7&(-c$5.-*$)'+$20,'*$0'$)$50'%$+&5)N$6&*4&&'$*/&$,**&()'2&$)'+$*/&$2/)55&'%&$*0$2(&)*&
*/&$)11&)()'2&$0<$)%(&&3&'*8
KH4.'75.'%$<.'%&(-K>$-.3.5)(5N>$.-$)$'0'O&(6)5$4)N$0<$&]1(&--.'%$-*(0'%$)%(&&3&'*>$-.3.5)($*0$)115),-&$6,*$4.*/0,*
*/&$.'*&((,1*.0'$)'+$10--.65N$5&--$.'*.3.+)*.0'$0<$+.-)%(&&3&'*$*/)'$)115),-&$0($2/&&(-$2)'$2(&)*&$UC_V8$H/&$Z22,1N
30O&3&'*$/)-$,-&+$*/&-&$3&*/0+-8
I50-&5N$(&5)*&+$)(&$*/&$/,3)'$3.2(01/0'&$3&*/0+->$4/.2/$3)7&$)$5)(%&$%(0,1$5&--$(&5.)'*$0'$)315.<.2)*.0'$0($0*/&(
*&2/'050%.&->$)'+$3)N$(&W,.(&$1&015&$*0$&])2*5N$(&1&)*$0($K)315.<NK$2033&'*-$*/&N$3)N$'0*$)%(&&$4.*/>$-0$0*/&(2)'$/&)(8$?;6,*+*(0$'70('27##(5'*#';7#<'6&2,*!'6,7!($'@*)/-&)'6(0;*)$='$-')/*$';()/-5'7,,-@$'7'.0-&6')-',*)(07,,<
3-!!&6<3'7',-!7)*-#'*)'@-&,5'-)/(0@*$('#-)'2('72,(')-';(()'*#>'a<<&2*.O&5N>$*/&$O&(6)5$2)1)2.*N$0<$*/&$1&015&$)**&'+.'%
.-$3)(-/)55&+$*0$)315.<N$0'&$1&(-0'$)*$)$*.3&>$4.*/$*/&$,'+&(-*)'+.'%$*/)*$)'N$1&(-0'$.'$*/&$2(04+$4.*/$)'N*/.'%$*0
-)N$40,5+$(&2&.O&$)$-.3.5)($20,(*&-N8
A-0';-0('5()7*,'-#')/($(';()/-5$'7#5')/(*0'&$('*#'$6(!*+*!'60-!($$($'$((')/('$(!)*-#'B7#5'C*.#7,$'2(,-@>
I&#)3*"#-9'!"#$%#$&$'I9"E)F-63
=/)*$ .-$ 0<*&'$ 4)'*.'%;3.--.'%$ .'$ 20'-&'-,-$ +.-2,--.0'-$ .-$ )$ 3&)'-$ 0<$ &<<.2.&'*5N$ 30O.'%$ */(0,%/$ */&$ 1(02&--8$ A
65,&1(.'*$ *0$ 104&(<,55N$ 0O&(203&$ */&$ 50%.-*.2)5$ )'+$ -02.)5$ 2/)55&'%&-$ 0<$ 20'-&'-,-$ +&2.-.0'->$ 3)7.'%$ .*$ 1()2*.2)5>
&<<.2.&'*>$)'+$&<<&2*.O&$.'$*0+)N,-$40(5+>$.-$+&1.2*&+$.'$*/&$20'-&'-,-$<5042/)(*$K\)3&$0<$I0'-&'-,-8K
!"9"6%(')-6($
903&$20'-&'-,-$+&2.-.0'J3)7.'%$60+.&-$,-&$)$-N-*&3$0<$2050(&+$2)(+-$*0$-1&&+$,1$)'+$&)-&$*/&$20'-&'-,-$1(02&--8
P0-*$0<*&'>$&)2/$3&36&($.-$%.O&'$)$-&*$0<$*/(&&$2050(&+$2)(+-:$(&+>$N&5504$)'+$%(&&'8$H/&$2)(+-$2)'$6&$().-&+$+,(.'%
*/&$1(02&--$*0$.'+.2)*&$*/&$3&36&(c-$.'1,*8$I)(+-$2)'$6&$,-&+$+,(.'%$*/&$+.-2,--.0'$1/)-&$)-$4&55$)-$+,(.'%$)$2)55$<0(
20'-&'-,-8$H/&$2)(+-$/)O&$+.<<&(&'*$3&)'.'%-$+&1&'+.'%$0'$*/&$1/)-&$.'$4/.2/$*/&N$)(&$,-&+8$H/&$3&)'.'%$0<$*/&
@
I0'-&'-,-$+&2.-.0'J3)7.'%
2050(-$)(&:
T N%(8'",(.'%$+.-2,--.0'>$)$(&+$2)(+$.-$,-&+$*0$.'+.2)*&$)$10.'*$0<$1(02&--$0($)$6(&)2/$0<$*/&$)%(&&+$,10'
1(02&+,(&-8$Q+&'*.<N.'%$0<<*01.2$+.-2,--.0'->$-1&)7&(-$%0.'%$0O&($)5504&+$*.3&$5.3.*-$0($0*/&($6(&)7-$.'$*/&
1(02&--$)(&$,-&-$<0($*/&$(&+$2)(+8$",(.'%$)$2)55$<0($20'-&'-,->$*/&$(&+$2)(+$.'+.2)*&-$*/&$3&36&(c-$0110-.*.0'
L,-,)55N$)$K1(.'2.15&+$06Y&2*.0'KM$*0$*/&$1(010-)5$)*$/)'+8$=/&'$)$3&36&(>$0($3&36&(->$,-&$)$(&+$2)(+>$.*
6&203&-$*/&.($(&-10'-.6.5.*N$*0$40(7$4.*/$*/&$1(010-.'%$2033.**&&$*0$203&$,1$4.*/$)$-05,*.0'$*/)*$40(7-$<0(
&O&(N0'&8
T T%99"E8'Q'$*/&$+.-2,--.0'$1/)-&>$*/&$N&5504$2)(+$.-$,-&+$*0$.'+.2)*&$)$3&36&(c-$)6.5.*N$*0$25)(.<N$)$10.'*$6&.'%
+.-2,--&+$0($)'-4&($)$W,&-*.0'$6&.'%$10-&+8$l&5504$.-$,-&+$+,(.'%$)$2)55$<0($20'-&'-,-$*0$(&%.-*&($)$-*)'+$)-.+&$*0
*/&$1(010-)5$0($*0$<0(3)55N$-*)*&$)'N$(&-&(O)*.0'-8
T M6%%#8'A$%(0,1$3&36&($2)'$,-&$)$%(&&'$2)(+$+,(.'%$+.-2,--.0'$*0$6&$)++&+$*0$*/&$-1&)7&(-$5.-*8$",(.'%$)$2)55$<0(
20'-&'-,->$*/&$%(&&'$2)(+$.'+.2)*&-$20'-&'*8
903&$ +&2.-.0'J3)7.'%$ 60+.&-$ ,-&$ )$ 30+.<.&+$ O&(-.0'$ 0<$ */&$ 2050(&+$ 2)(+$ -N-*&3$ 4.*/$ )++.*.0')5$ 2050(->$ -,2/$ )0()'%&$*0$.'+.2)*&$)$'0'J65027.'%$(&-&(O)*.0'$-*(0'%&($*/)'$)$-*)'+J)-.+&8
?-#('$*/#-9$
^)'+$ -.%')5-$ )(&$ 0<*&'$ ,-&+$ 6N$ 20'-&'-,-$ +&2.-.0'J3)7.'%$ 60+.&-$ )-$ )$ 4)N$ <0($ %(0,1$ 3&36&(-$ *0$ '0'O&(6)55N
.'+.2)*&$*/&.($01.'.0'-$0($10-.*.0'-8$H/&N$/)O&$6&&'$<0,'+$,-&<,5$.'$<)2.5.*)*.'%$%(0,1-$0<$h$*0$?_B$1&015&8$H/&N$)(&
1)(*.2,5)(5N$,-&<,5$4/&'$*/&$%(0,1$.-$3,5*.J5.'%,)58UChV
H/&$')*,(&$)'+$3&)'.'%$0<$.'+.O.+,)5$%&-*,(&-$O)(.&-$<(03$%(0,1$*0$%(0,18$f0'&*/&5&-->$*/&(&$.-$)$4.+&5N$)+01*&+
20(&$-&*$0<$/)'+$-.%')5-8$H/&-&$.'25,+&:$4.%%5.'%$0<$*/&$<.'%&(-$0'$60*/$/)'+->$)$%&-*,(&$-03&*.3&-$(&<&((&+$*0$)K*4.'75.'%K>$*0$.'+.2)*&$)%(&&3&'*j$().-.'%$)$<.-*$0($2(0--.'%$60*/$<0(&)(3-$4.*/$/)'+-$.'$<.-*-$*0$.'+.2)*&$)$65027$0(
-*(0'%$+.-)%(&&3&'*j$)'+$3)7.'%$)$KHK$-/)1&$4.*/$60*/$/)'+->$*/&$K*.3&$0,*K$%&-*,(&>$*0$2)55$)**&'*.0'$*0$)$10.'*$0<
1(02&--$0($0(+&(8$Z'&$20330'$-&*$0<$/)'+$-.%')5-$.-$2)55&+$*/&$K#.-*J*0J#.O&K$0($K#.-*J0<J#.O&K8$Q'$*/.-$3&*/0+$&)2/
3&36&($0<$*/&$%(0,1$2)'$/05+$,1$)$<.-*$*0$.'+.2)*&$65027.'%$20'-&'-,->$0'&$<.'%&($*0$-,%%&-*$2/)'%&->$*40$<.'%&(-$*0
+.-2,--$3.'0($.--,&->$*/(&&$<.'%&(-$*0$.'+.2)*&$4.55.'%'&--$*0$5&*$.--,&$1)--$4.*/0,*$<,(*/&($+.-2,--.0'>$<0,($<.'%&(-$*0
)<<.(3$ */&$ +&2.-.0'$ )-$ )$ %00+$ .+&)>$ )'+$ <.O&$ <.'%&(-$ *0$ O05,'*&&($ *0$ *)7&$ )$ 5&)+$ .'$ .315&3&'*.'%$ */&$ +&2.-.0'8$ A
-.3.5)($-&*$0<$/)'+$-.%')5-$)(&$,-&+$6N$*/&$Z22,1N$=)55$9*(&&*$1(0*&-*&(-$.'$*/&.($%(0,1$'&%0*.)*.0'-8UC@V
A'0*/&($ 20330'$ -&*$ 0<$ /)'+$ -.%')5-$ ,-&+$ .-$ */&$ KH/,36-K$ 3&*/0+>$ 4/&(&$ H/,36-$ G1$ n$ )%(&&3&'*j$ H/,369.+&4)N-$ n$ /)O&$ 20'2&('-$ 6,*$ 40'c*$ 65027$ 20'-&'-,-j$ )'+$ H/,36-$ "04'$ n$ Q$ +0'c*$ )%(&&$ )'+$ Q$ 40'c*$ )22&1*$ */.1(010-)58$H/.-$3&*/0+$.-$)5-0$,-&<,5$<0($K-*()4$1055-K$*0$*)7&$)$W,.27$(&)+.'%$0<$*/&$%(0,1c-$0O&()55$-&'*.3&'*$<0($*/&
)2*.O&$1(010-)58
A$-5.%/*5N$30(&$+&*).5&+$O)(.)*.0'$0'$*/&$*/,36-$1(010-)5$2)'$6&$,-&+$*0$.'+.2)*&$)$_J10.'*$()'%&:$LCM$H/,36J,1$n
-*(0'%5N$ )%(&&>$ L?M$ !)53J,1$ n$ 30-*5N$ )%(&&>$ LFM$ H/,36$ 9.+&4)N-$ n$ K0'$ */&$ <&'2&K$ 0($ +.O.+&+$ <&&5.'%->$ LDM$ !)53
+04'$n$30-*5N$+.-)%(&&>$)'+$L_M$H/,36$+04'$n$-*(0'%5N$+.-)%(&&8
03F%6'&$%G&9'F-#('$*/#$'*#)9&(%8
I5)(.<N.'%$e,&-*.0'$J$,-.'%$N0,($/)'+$*0$<0(3$)$KIK$-/)1&$*0$.'+.2)*&$*/)*$N0,$/)O&$)$25)(.<N.'%$W,&-*.0'>$0<*&'$*/./)'+$-.%'$3&)'-$*/)*$)$1&(-0'$.-$.'O.*&+$*0$)-7$*/&.($W,&-*.0'$6&<0(&$)$O0*&$.-$*)7&'8
!0.'*$ 0<$ Q'<0(3)*.0'$ J$ 10.'*.'%$ N0,($ .'+&]$ <.'%&($ ,14)(+-$ *0$ .'+.2)*&$ */)*$ N0,$ /)O&$ -03&$ .310(*)'*$ <)2*,)5
.'<0(3)*.0'$*/)*$(&5)*&-$*0$*/&$+.-2,--.0'$0($+&2.-.0'$)*$/)'+8
!(02&--$!0.'*$J$<0(3.'%$)$*(.)'%5&$4.*/$N0,($/)'+-$0($/)'+-$)'+$)(3-$*0$.'+.2)*&$*/)*$N0,$/)O&$)'$.310(*)'*$20'2&('
4.*/$*/&$3&&*.'%$0($+&2.-.0'J3)7.'%$1(02&--8
E
I0'-&'-,-$+&2.-.0'J3)7.'%
d
A"3,")6-)>'$F%%3$
"0*302()2N$ -/&&*-$ )(&$ +&-.%'&+$ *0$ 20315&3&'*$ )$ 20'-&'-,+&2.-.0'J3)7.'%$ 1(02&--$ 6N$ 1(0O.+.'%$ )$ -.315&$ 4)N$ *0$ O.-.65N
+02,3&'*$5&O&5-$0<$)%(&&3&'*$)30'%$1)(*.2.1)'*-$0'$)$5)(%&$O)(.&*N$0<
.+&)-8UCEV$ !)(*.2.1)'*-$ 4(.*&$ +04'$ .+&)-$ 0'$ 1)1&($ <0(3-$ 2)55&+
8-);-!07!<'$/(()$')'+$<.55$.'$0'&$+0*$1&($-/&&*$*0$(&20(+$*/&.($01.'.0'
0<$ &)2/$ .+&)$ 0'$ )$ -2)5&$ 0<$ --*(0'%$ )%(&&3&'*.>$ -)%(&&3&'*.>$ -'&,*()5.>
-+.-)%(&&3&'*.>$--*(0'%$+.-)%(&&3&'*.$0($-20'<,-.0'.8$!)(*.2.1)'*-$-.%'
&)2/$ -/&&*$ */&N$ +0*$ )'+$ 3)N$ )++$ 6(.&<$ 2033&'*-8$ H/&$ (&-,5*$ .-$ )
%()1/J5.7&$ O.-,)5$ (&1(&-&'*)*.0'$ 0<$ */&$ %(0,1c-$ 2055&2*.O&$ 01.'.0'-$ 0'
&)2/$.+&)8
I0315&*&+$"0*302()2N$-/&&*
H/&$ C)(6D2<DC)(6' E0-!($$' )'+$ 1&,($' +&<.'&+$ .'$ */&$ "0*302()2N
^)'+6007UCdV$(&.'<0(2&$20'-&'-,-$+&2.-.0'J3)7.'%$6N$1(030*.'%$&W,)5$0110(*,'.*N>$01&'$+.-2,--.0'>$*/&$+()<*.'%$0<
3)'N$1(010-)5->$*/&$.+&'*.<.2)*.0'$0<$20'2&('-$)'+$*/&$&'20,()%&3&'*$0<$.+&)$30+.<.2)*.0'8
I-99+1-).',%3F"($
903&*.3&-$-03&$20330'$<0(3$0<$O0*.'%$-,2/$)-$#.(-*J1)-*J*/&J10-*$.-$,-&+$)-$)$+7,,D27!F';()/-5'4/&'$20'-&'-,2)''0*$6&$(&)2/&+$4.*/.'$)$%.O&'$*.3&$<()3&8U?BV$ ^04&O&(>$.<$*/&$10*&'*.)5$0,*203&$0<$*/&$<)55J6)27$3&*/0+$2)'$6&
)'*.2.1)*&+>$ */&'$ */0-&$ 4/0$ -,110(*$ */)*$ 0,*203&$ /)O&$ .'2&'*.O&-$ *0$ 65027$ 20'-&'-,-$ -0$ */)*$ */&$ <)55J6)27$ 3&*/0+
%&*-$)115.&+8$91&2.)5$<)55J6)27$3&*/0+-$/)O&$6&&'$+&O&501&+$*/)*$(&+,2&$*/.-$.'2&'*.O&8U?CV
7:%)*G*)'5::9*)-3*"#$'"G'!"#$%#$&$
U-:-#
g)1)'&-&$2031)'.&-$'0(3)55N$=.7.1&+.):I.*)*.0'$'&&+&+$,-&$20'-&'-,-$+&2.-.0'J3)7.'%>$3&)'.'%$*/)*$&O&(N0'&$.'
*/&$2031)'N$.-$20'-,5*&+$0'$&)2/$+&2.-.0'8$A$(.'%.J-/0$.-$)$2.(2,5)*.0'$+02,3&'*$,-&+$*0$06*).'$)%(&&3&'*8$Q*$3,-*
<.(-*$6&$-.%'&+$6N$*/&$504&-*$5&O&5$3)')%&(>$)'+$*/&'$,14)(+->$)'+$3)N$'&&+$*0$6&$(&O.-&+$)'+$*/&$1(02&--$-*)(*&+
0O&(8
<;OI'6"&/F')"#$%#$&$',"(%9
Q'$*/&$Q'*&('&*$a'%.'&&(.'%$H)-7$#0(2&$LQaH#M>$+&2.-.0'-$)(&$)--,3&+$*0$6&$*)7&'$6N$0-&./'!-#$(#$&$8U??V$ H/&$QaH#
/)-$-*,+.0,-5N$(&<().'&+$<(03$+&<.'.'%$)$3&2/)'.2)5$3&*/0+$<0($O&(.<N.'%$-,2/$20'-&'-,->$)11)(&'*5N$.'$*/&$6&5.&<
*/)*$)'N$-,2/$20+.<.2)*.0'$5&)+-$*0$)**&31*-$*0$K%)3&$*/&$-N-*&38K$Q'-*&)+>$)$40(7.'%$%(0,1$L=\M$2/).($0($[0#$2/).(
.-$-,110-&+$*0$)(*.2,5)*&$*/&$K-&'-&$0<$*/&$%(0,18K
Z'&$ *()+.*.0'$ .'$ -,110(*$ 0<$ (0,%/$ 20'-&'-,-$ .-$ */&$ *()+.*.0'$ 0<$ /,33.'%$ ()*/&($ */)'$ L20,'*)65&M$ /)'+J().-.'%j$ */.)5504-$ )$ %(0,1$ *0$ W,.275N$ *&55$ */&$ +.<<&(&'2&$ 6&*4&&'$ K0'&$ 0($ *40$ 06Y&2*0(-K$ 0($ )$ K-/)(15N$ +.O.+&+$ 2033,'.*NK>
4.*/0,*$3)7.'%$.*$&)-N$*0$-5.1$.'*0$K3)Y0(.*N$(,5&K8
P,2/$0<$*/&$6,-.'&--$0<$*/&$QaH#$.-$2)((.&+$0,*$0'$3).5.'%$5.-*->$4/&(&$)55$1)(*.&-$2)'$-1&)7$*/&.($O.&4$)*$)55$*.3&-8
I0'-&'-,-$+&2.-.0'J3)7.'%
A%)*$*"#'J-.*#/'*#'=$>)F"9"/>'-#('!"&#$%9*#/8'OF%'7")*-9'!"#$36&)3*4*$,'J"(%9
Q'$?BBC>$X06&(*$X0220$I0**0'&$1,65.-/&+$)$20'-&'-,-J6)-&+$30+&5$0<$1(0<&--.0')5$+&2.-.0'J3)7.'%$<0($20,'-&50()'+$1-N2/050%.-*-8U?FV$ [)-&+$0'$-02.)5$20'-*(,2*.O.-*$1/.50-01/N>$*/&$30+&5$01&()*&-$)-$)$20'-&'-,-J6,.5+.'%$30+&5>
)-$*/&$25.'.2.)'$)++(&--&-$&*/.2)5$20'<5.2*-$*/(0,%/$)$1(02&--$0<$'&%0*.)*.'%$*0$20'-&'-,-8$I0'<5.2*-$)(&$(&-05O&+$6N
20'-&'-,)55N$)%(&&+$0'$)(6.*()*0(-$4/0$)(&$+&<.'&+$&)(5N$.'$*/&$'&%0*.)*.0'$1(02&--8
HLJ'!"99-1"6-3*4%'73-.%F"9(%6';#/-/%,%#3
H/&$G'.*&+$9*)*&-$[,(&),$0<$R)'+$P)')%&3&'*c-$105.2N$.-$*0$-&&7$*0$,-&$2055)60()*.O&$-*)7&/05+&($&'%)%&3&'*$)-*)'+)(+$ 01&()*.'%$ 1()2*.2&$ <0($ ')*,()5$ (&-0,(2&-$ 1(0Y&2*->$ 15)'->$ )'+$ +&2.-.0'J3)7.'%$ &]2&1*$ ,'+&($ ,',-,)5
20'+.*.0'-$ -,2/$ )-$ 4/&'$ 20'-*().'&+$ 6N$ 5)4>$ (&%,5)*.0'>$ 0($ 0*/&($ 3)'+)*&-$ 0($ 4/&'$ 20'O&'*.0')5$ 1(02&--&-$ )(&
.310(*)'*$<0($&-*)65.-/.'%$'&4>$0($(&)<<.(3.'%$&].-*.'%>$1(&2&+&'*8
<#3%6#-3*"#-9'73-#(-6(*V-3*"#
H/&$ Q9Z$ 1(02&--$ <0($ )+01*.'%$ '&4$ -*)'+)(+-$ .-$ 2)55&+$ 20'-&'-,-J6)-&+$ +&2.-.0'J3)7.'%>U?DV$ Q'$ */&$ Q9Z$ -N-*&3
20'-&'-,-$.-$+&<.'&+$)\&'&()5$ )%(&&3&'*>$ 2/)()2*&(.S&+$ 6N$ */&$ )6-&'2&$ 0<$ -,-*).'&+$ 0110-.*.0'$ *0$ -,6-*)'*.)5$ .--,&-$ 6N$ )'N
.310(*)'*$1)(*$0<$*/&$20'2&('&+$.'*&(&-*-$)'+$6N$)$1(02&--$*/)*$.'O05O&-$-&&7.'%$*0$*)7&$.'*0$)220,'*$*/&
O.&4-$0<$)55$1)(*.&-$20'2&('&+$)'+$*0$(&20'2.5&$)'N$20'<5.2*.'%$)(%,3&'*-8
=/&(&$ +&2.-.0'J3)7.'%$ .-$ -,6Y&2*$ *0$ 6)550*$ 6N$ 3&36&($ 60+.&->$ )$ (&W,.(&3&'*$ <0($ -,1&(J3)Y0(.*N$ -,110(*$ %&'&()55N
)115.&-8
",(.'%$*/&$Q9Z$9*)'+)(+.S)*.0'$!(02&-->$.<$)$"()<*$Q'*&(')*.0'$)5$9*)'+)(+$+0&-$'0*$(&2&.O&$GHI'-+')/(':-)(>$.*$.-$'0*
)11(0O&+>$(&*,('.'%$*0$504&($-*)%&-8U?_V
!6*3*)*$,
!"#$%#$&$'19").*#/
I(.*.2-$0<$20'-&'-,-$65027.'%$0<*&'$06-&(O&$*/)*$*/&$01*.0'>$4/.5&$10*&'*.)55N$&<<&2*.O&$<0($-3)55$%(0,1-$0<$30*.O)*&+
0($*().'&+$.'+.O.+,)5-$4.*/$)$-,<<.2.&'*5N$/.%/$+&%(&&$0<$)<<.'.*N>$/)-$)$',36&($0<$10--.65&$-/0(*203.'%->$'0*)65N
T =6%$%64-3*"#'"G'3F%'73-3&$'S&"8'Q'$+&2.-.0'J3)7.'%$60+.&-$*/)*$,-&$<0(3)5$20'-&'-,->$*/&$)6.5.*N$0<$.'+.O.+,)50($-3)55$3.'0(.*.&-$*0$65027$)%(&&3&'*$%.O&-$)'$&'0(30,-$)+O)'*)%&$*0$)'N0'&$4/0$-,110(*-$*/&$&].-*.'%$-*)*&$0<
)<<).(-8$H/.-$2)'$3&)'$*/)*$)$-1&2.<.2$-*)*&$0<$)<<).(-$2)'$20'*.',&$*0$&].-*$.'$)'$0(%)'.S)*.0'$50'%$)<*&($)$3)Y0(.*N
0<$3&36&(-$40,5+$5.7&$.*$*0$2/)'%&8$H/&$.'2&'*.O&$*0$65027$2)'$/04&O&($6&$(&30O&+$6N$,-.'%$)$-1&2.)5$7.'+$0<
O0*.'%$1(02&--8
T 7&$)%:3*1*9*3>'3"'E*(%$:6%-('(*$-/6%%,%#38'\.O.'%$*/&$(.%/*$*0$65027$1(010-)5-$*0$)55$%(0,1$3&36&(-$3)N$(&-,5*
.'$*/&$%(0,1$6&203.'%$/0-*)%&$*0$)'$.'<5&].65&$3.'0(.*N$0($.'+.O.+,)58$=/&'$)$101,5)($1(010-)5$.-$65027&+$*/&
%(0,1$)2*,)55N$&]1&(.&'2&-$4.+&-1(&)+$+.-)%(&&3&'*>$*/&$0110-.*&$0<$*/&$20'-&'-,-$1(02&--c-$%0)58$#,(*/&(30(&>
K0110-.'%$-,2/$06-*(,2*.O&$6&/)O.0($U2)'$6&V$20'-*(,&+$)-$)'$)**)27$0'$<(&&+03$0<$-1&&2/$)'+$.'$*,('$U/)(+&'V
(&-05O&$0'$*/&$1)(*$0<$*/&$.'+.O.+,)5$*0$+&<&'+$/.-$0($/&($10-.*.0'8K$A-$)$(&-,5*>$20'-&'-,-$+&2.-.0'J3)7.'%$/)-$*/&
10*&'*.)5$*0$(&4)(+$*/&$5&)-*$)220330+)*.'%$%(0,1$3&36&(-$4/.5&$1,'.-/.'%$*/&$30-*$)220330+)*.'%8
CB
I0'-&'-,-$+&2.-.0'J3)7.'%
!"#$%#$&$'*$'#"3'M6"&:3F*#.
I0'-&'-,-$-&&7-$*0$.31(0O&$-05.+)(.*N$.'$*/&$50'%$(,'8$A220(+.'%5N$.*$-/0,5+$'0*$6&$20'<,-&+$4.*/$,')'.3.*N$.'$*/&
.33&+.)*&$-.*,)*.0'>$4/.2/$.-$0<*&'$)$-N31*03$0<$%(0,1*/.'78$9*,+.&-$0<$&<<&2*.O&$20'-&'-,-$1(02&--$,-,)55N$.'+.2)*&
)$ -/,''.'%$ 0<$ ,')'.3.*N$ 0($ K.55,-.0'$ 0<$ ,')'.3.*NKU?hV$ */)*$ +0&-$ '0*$ /05+$ ,1$ )-$ )$ %(0,1$ 203&-$ ,'+&($ (&)5$ 40(5+
1(&--,(&$L4/&'$+.--&'*$(&)11&)(-M8$I0(N$"02*0(04>$X)51/$f)+&($)'+$0*/&($1(010'&'*-$0<$+&5.6&()*.O&$+&302()2N$0(
Y,+.2.)5J5.7&$3&*/0+-$O.&4$*/&$&]15.2.*$+.--&'*$)-$)$-N3605$0<$-*(&'%*/8$R)4(&'2&$R&--.%$20'-.+&(-$.*$)$3)Y0($-*(&'%*/
0<$ 40(7.'%$ 1(0Y&2*-$ 5.7&$ 1,65.2$ 4.7.-8$ 92/,**>U?@V$ 9*)(/)47U?EV$ )'+$ 0*/&($ 1()2*.*.0'&(-$ 0<$ +.(&2*$ )2*.0'$ <02,-$ 0'$ */&
/)S)(+-$0<$)11)(&'*$)%(&&3&'*$<05504&+$6N$)2*.0'$.'$4/.2/$%(0,1$-15.*-$6&203&$+)'%&(0,-5N$06O.0,-8
=/)*&O&($0'&$*/.'7-$0<$*/&$3&(.*-$0<$-&&7.'%$)$,')'.30,-$)%(&&3&'*$.'$)$1)(*.2,5)($-.*,)*.0'>$.'$%&'&()5$,')'.30,->
0($)11)(&'*5N$,')'.30,->$+&2.-.0'-$/)O&$',3&(0,-$+()46)27-8=.7.1&+.):I.*)*.0'$'&&+&+$H/&N$3)N$6&$-N31*03-$0<
)$-N-*&3.2$6.)->$)$(.%%&+$1(02&--$L4/&(&$)'$)%&'+)$.-$'0*$1,65.-/&+$.'$)+O)'2&$0($2/)'%&+$4/&'$.*$6&203&-$25&)(
4/0$.-$1(&-&'*$*0$20'-&'*M>$<&)($0<$-1&)7.'%$0'&c-$3.'+>$)$5)27$0<$2(&)*.O.*N$L*0$-,%%&-*$)5*&(')*.O&-M$0($&O&'$)$5)27$0<
20,()%&$L*0$%0$<,(*/&($)50'%$*/&$-)3&$(0)+$*0$)$30(&$&]*(&3&$-05,*.0'$*/)*$40,5+$'0*$)2/.&O&$,')'.30,-$20'-&'*M8
G')'.3.*N$.-$)2/.&O&+$4/&'$*/&$<,55$%(0,1$)11)(&'*5N$20'-&'*-$*0$)$+&2.-.0'8$Q*$/)-$+.-)+O)'*)%&-$.'-0<)($)-$<,(*/&(
+.-)%(&&3&'*>$ .31(0O&3&'*-$ 0($ 6&**&($ .+&)-$ */&'$ (&3).'$ /.++&'>$ 6,*$ &<<&2*.O&5N$ &'+-$ */&$ +&6)*&$ 30O.'%$ .*$ *0$ )'
.315&3&'*)*.0'$1/)-&8$903&$20'-.+&($)55$,')'.3.*N$)$<0(3$0<$ %(0,1*/.'7>$)'+$-03&$&]1&(*-$U?dV$1(010-&$K20+.'%
-N-*&3-888<0($+&*&2*.'%$*/&$.55,-.0'$0<$,')'.3.*N$-N31*038K$Q'$!"#$%#$&$'*$'#"3'D#-#*,*3>>$20'-&'-,-$1()2*.*.0'&(
)'+$)2*.O.-*$5&)+&($9*)(/)47$4(0*&:
J7#<'6(-6,(')/*#F'-+'!-#$(#$&$'7$'$*;6,<'7#'(K)(#5(5':-)*#.';()/-5'*#'@/*!/'(:(0<'-#(';&$)'!7$)')/(*0':-)($
)/('$7;('@7<>'C*#!('&#7#*;*)<'-+')/*$'F*#5'-#,<'070(,<'-!!&0$'*#'.0-&6$'@*)/';-0(')/7#'-#(';(;2(0='.0-&6$
)/7)' )0<' )-' &$(' )/*$' F*#5' -+' 60-!($$' &$&7,,<' (#5' &6' 2(*#.' (*)/(0' (K)0(;(,<' +0&$)07)(5' -0' !-(0!*:(>' L*)/(0
5(!*$*-#$'70('#(:(0';75('M,(75*#.')-')/('5(;*$('-+')/('.0-&6='*)$'!-#:(0$*-#'*#)-'7'$-!*7,'.0-&6')/7)'5-($'#-)
7!!-;6,*$/'7#<')7$F$N=')/(<'70(';75('!-:(0),<='-0'$-;('.0-&6'-0'*#5*:*5&7,'5-;*#7)($')/('0($)>'C-;()*;($'7
;7O-0*)<'5-;*#7)($='$-;()*;($'7';*#-0*)<='$-;()*;($'7#'*#5*:*5&7,'@/-'(;6,-<$'P)/('2,-!FP>'Q&)'#-';7))(0
/-@'*)'*$'5-#(='*)'*$'R49'!-#$(#$&$>$UFBV
I0'<,-.0'$6&*4&&'$,')'.3.*N$)'+$20'-&'-,->$.'$0*/&($40(+->$,-,)55N$2),-&-$)"#$%#$&$'(%)*$*"#+,-.*#/'*0$<).5>$)'+
*/&$%(0,1$*/&'$&.*/&($(&O&(*-$*0$3)Y0(.*N$0($-,1&(3)Y0(.*N$(,5&$0($+.-6)'+-8
P0-*$ (06,-*$ 30+&5-$ 0<$ 20'-&'-,-$ &]25,+&$ ,'.<0(35N$ ,')'.30,-$ +&2.-.0'-$ )'+$ (&W,.(&$ )*$ 5&)-*$ +02,3&'*)*.0'$ 0<
3.'0(.*N$ 20'2&('-8$ 903&$ -*)*&$ 25&)(5N$ */)*$ ,')'.3.*N$ .-$ '0*$ 20'-&'-,-$ 6,*$ ()*/&($ &O.+&'2&$ 0<$ .'*.3.+)*.0'>$ 5)27$ 0<
.3)%.')*.0'>$5)27$0<$20,()%&>$<).5,(&$*0$.'25,+&$)55$O0.2&->$0($+&5.6&()*&$&]25,-.0'$0<$*/&$20'*()(N$O.&4-8
H/&$ 30-*$ <)30,-$ ,')'.30,-$ +&2.-.0'$ .'$ */&$ =&-*&('$ 2)'0'$ .55,-*()*&-$ )55$ */0-&$ <).5,(&-j$ f&4$ H&-*)3&'*$ /.-*0(.)'
a5).'&$!)%&5-$2.*&-$*/&$9)'/&+(.'c-$,')'.30,-$O0*&$*0$20'O.2*$g&-,-$0<$f)S)(&*/8$H0$)$g&4.-/$),+.&'2&$<)3.5.)($4.*/
*/)*$ 20,(*c-$ (&W,.(&3&'*$ *0$ -&*$ <(&&$ )'N$ 1&(-0'$ ,')'.30,-5N$ 20'O.2*&+$ )-$ '0*$ /)O.'%$ )$ 1(01&($ +&<&'-&>$ !)%&51(010-&-$ */)*$ */&$ -*0(N$ .-$ .'*&'+&+$ *0$ -.%')5$ */&$ .'Y,-*.2&$ 0<$ ,')'.30,-$ (,-/$ *0$ )%(&&3&'*$ )'+$ g&-,-c$ 5)27$ 0<$ )
+&<&'+&(8$9/&$2.*&-$*/&$-/.<*$)4)N$<(03$*/.-$O.&4$)'+$*04)(+-$1(&<&(&'2&$<0($O.-.65&$,')'.3.*N$)-$)$<)2*0($.'$5)*&(
K+&30'.S)*.0'K$0<$g&4->$1)%)'->$/&(&*.2-$L'0*)65N$\'0-*.2-M$)'+$0*/&(-$4/0$+.-)%(&&+$4.*/$0(*/0+0]$O.&4-$.'$5)*&(
I/(.-*.)'.*N8$G')'.3.*N>$.'$0*/&($40(+->$6&2)3&$)$1(.0(.*N$4/&(&$.*$/)+$6&&'$)'$)')*/&3)8
903&$<0(3)5$30+&5-$6)-&+$0'$%()1/$*/&0(N$)**&31*$*0$&]150(&$*/&$.315.2)*.0'-$0<$-,11(&--&+$+.--&'*$)'+$-,6-&W,&'*
-)60*)%&$0<$*/&$%(0,1$)-$.*$*)7&-$)2*.0'$UFCV
a]*(&3&5N$ /.%/J-*)7&-$ +&2.-.0'J3)7.'%>$ -,2/$ )-$ Y,+.2.)5$ +&2.-.0'-$ 0<$ )11&)5-$ 20,(*->$ )54)N-$ (&W,.(&$ -03&$ -,2/
&]15.2.*$+02,3&'*)*.0'8$I0'-&'*$/04&O&($.-$-*.55$06-&(O&+$*/)*$+&<.&-$<)2*.0')5$&]15)')*.0'-8$f&)(5N$DB`$0<$9,1(&3&
I0,(*$ 0<$ G9$ +&2.-.0'->$ <0($ &])315&>$ )(&$ ,')'.30,->$ */0,%/$ 0<*&'$ <0($ 4.+&5N$ O)(N.'%$ (&)-0'-8$ KI0'-&'-,-$ .'
9,1(&3&$ I0,(*$ O0*.'%>$ 1)(*.2,5)(5N$ */&$ &]*(&3&$ 20'-&'-,-$ 0<$ ,')'.3.*N>$ /)-$ 0<*&'$ 1,SS5&+$ I0,(*$ 06-&(O&(-$ 4/0
)+/&(&$*0$.+&050%.2)5$)220,'*-$0<$Y,+.2.)5$+&2.-.0'$3)7.'%8K$UF?V8$^.-*0(.2)5$&O.+&'2&$.-$3.]&+$0'$4/&*/&($1)(*.2,5)(
g,-*.2&-c$O.&4-$4&(&$-,11(&--&+$.'$<)O0,($0<$1,65.2$,'.*N8$UFFV
CC
I0'-&'-,-$+&2.-.0'J3)7.'%
A'0*/&($3&*/0+$*0$)2/.&O&$30(&$)%(&&3&'*$*0$-)*.-<N$)$-*(.2*$*/(&-/05+$)$O0*.'%$1(02&--$,'+&($4/.2/$)55$3&36&(-$0<
*/&$ %(0,1$ /)O&$ )$ -*()*&%.2$ .'2&'*.O&$ *0$ )%(&&$ ()*/&($ */)'$ 650278$ ^04&O&(>$ */.-$ 3)7&-$ .*$ O&(N$ +.<<.2,5*$ *0$ *&55$ */&
+.<<&(&'2&$6&*4&&'$*/0-&$4/0$-,110(*$*/&$+&2.-.0'$)'+$*/0-&$4/0$3&(&5N$*)2*.2)55N$*05&()*&$.*$<0($*/&$.'2&'*.O&8$Z'2&
*/&N$(&2&.O&$*/)*$.'2&'*.O&>$*/&N$3)N$,'+&(3.'&$0($(&<,-&$*0$.315&3&'*$*/&$)%(&&3&'*$.'$O)(.0,-$)'+$'0'J06O.0,4)N-8$Q'$%&'&()5$O0*.'%$-N-*&3-$)O0.+$)5504.'%$0<<&(.'%$.'2&'*.O&-$L0($K6(.6&-KM$*0$2/)'%&$)$/&)(*<&5*$O0*&8
T A6.5&'&$1)()+0]:$I0'-&'-,-$+&2.-.0'J3)7.'%$.-$-,-2&1*.65&$*0$)55$<0(3-$0<$%(0,1*/.'7>$*/&$30-*$+()3)*.2$6&.'%
*/&$A6.5&'&$1)()+0]8$Q'$*/&$A6.5&'&$1)()+0]>$)$%(0,1$2)'$,')'.30,-5N$)%(&&$0'$)$20,(-&$0<$)2*.0'$*/)*$'0
.'+.O.+,)5$3&36&($0<$*/&$%(0,1$+&-.(&-$6&2),-&$'0$0'&$.'+.O.+,)5$.-$4.55.'%$*0$%0$)%).'-*$*/&$1&(2&.O&+$4.55$0<$*/&
+&2.-.0'J3)7.'%$60+N8
T O*,%'!"#$&,*#/8'9.'2&$20'-&'-,-$+&2.-.0'J3)7.'%$<02,-&-$0'$+.-2,--.0'$)'+$-&&7-$*/&$.'1,*$0<$)55$1)(*.2.1)'*->
.*$2)'$6&$)$*.3&J20'-,3.'%$1(02&--8$H/.-$.-$)$10*&'*.)5$5.)6.5.*N$.'$-.*,)*.0'-$4/&(&$+&2.-.0'-$3,-*$6&$3)+&
-1&&+.5N>$0($4/&(&$.*$.-$'0*$10--.65&$*0$2)'O)--$01.'.0'-$0<$)55$+&5&%)*&-$.'$)$(&)-0')65&$*.3&8$A++.*.0')55N>$*/&
*.3&$2033.*3&'*$(&W,.(&+$*0$&'%)%&$.'$*/&$20'-&'-,-$+&2.-.0'J3)7.'%$1(02&--$2)'$-03&*.3&-$)2*$)-$)$6)((.&($*0
1)(*.2.1)*.0'$<0($.'+.O.+,)5-$,')65&$0($,'4.55.'%$*0$3)7&$*/&$2033.*3&'*8$^04&O&(>$0'2&$)$+&2.-.0'$/)-$6&&'
(&)2/&+$.*$2)'$6&$)2*&+$0'$30(&$W,.275N$*/)'$)$+&2.-.0'$/)'+&+$+04'8$A3&(.2)'$6,-.'&--3&'$20315).'&+$*/)*$.'
'&%0*.)*.0'-$4.*/$)$g)1)'&-&$2031)'N>$*/&N$/)+$*0$+.-2,--$*/&$.+&)$4.*/$&O&(N0'&$&O&'$*/&$Y)'.*0(>$N&*$0'2&$)
+&2.-.0'$4)-$3)+&$*/&$A3&(.2)'-$<0,'+$*/&$g)1)'&-&$4&(&$)65&$*0$)2*$3,2/$W,.27&($6&2),-&$&O&(N0'&$4)-$0'
60)(+>$4/.5&$*/&$A3&(.2)'-$/)+$*0$-*(,%%5&$4.*/$.'*&(')5$0110-.*.0'8
J-2"6*3>'4"3*#/':6")%$$%$
!(010'&'*-$0<$20'-&'-,-$+&2.-.0'J3)7.'%$O.&4$1(02&+,(&-$*/)*$,-&$3)Y0(.*N$(,5&$)-$,'+&-.()65&$<0($-&O&()5$(&)-0'-8
P)Y0(.*N$ O0*.'%$ .-$ (&%)(+&+$ )-$ 2031&*.*.O&>$ ()*/&($ */)'$ 2001&()*.O&>$ <()3.'%$ +&2.-.0'J3)7.'%$ .'$ )$ 4.';50-&
+.2/0*03N$*/)*$.%'0(&-$*/&$10--.6.5.*N$0<$2031(03.-&$0($0*/&($3,*,)55N$6&'&<.2.)5$-05,*.0'-8$I)(50-$9)'*.)%0$f.'0>
0'$*/&$0*/&($/)'+>$/)-$)(%,&+$*/)*$3)Y0(.*N$(,5&$5&)+-$*0$6&**&($+&5.6&()*.0'$1()2*.2&$*/)'$*/&$)5*&(')*.O&->$6&2),-&$.*
(&W,.(&-$ &)2/$ 3&36&($ 0<$ */&$ %(0,1$ *0$ 3)7&$ )(%,3&'*-$ */)*$ )11&)5$ *0$ )*$ 5&)-*$ /)5<$ */&$ 1)(*.2.1)'*-8UFDV$ A8$ R.Y1/)(*
(&)2/&-$ */&$ -)3&$ 20'25,-.0'$ )60,*$ 3)Y0(.*N$ (,5&>$ '0*.'%$ */)*$ 3)Y0(.*N$ (,5&$ &'20,()%&-$ 20)5.*.0'J6,.5+.'%8
A++.*.0')55N>$0110'&'*-$0<$3)Y0(.*N$(,5&$25).3$*/)*$.*$2)'$5&)+$*0$)$c*N()''N$0<$*/&$3)Y0(.*Nc>$)$-2&')(.0$.'$4/.2/$)
3)Y0(.*N$15)2&-$.*-$.'*&(&-*-$-0$<)($)60O&$*/0-&$0<$)'$.'+.O.+,)5$0($3.'0(.*N$%(0,1$)-$*0$20'-*.*,*&$)2*.O&$011(&--.0'8
903&$ O0*.'%$ */&0(.-*->$ /04&O&(>$ )(%,&$ */)*$ 3)Y0(.*N$ (,5&$ 3)N$ )2*,)55N$ 1(&O&'*$ *N()''N$ 0<$ */&$ 3)Y0(.*N>$ .'$ 1)(*
6&2),-&$.*$3)].3.S&-$*/&$10*&'*.)5$<0($)$3.'0(.*N$*0$<0(3$)$20)5.*.0'$*/)*$2)'$0O&(*,('$)'$,'-)*.-<)2*0(N$+&2.-.0'8
A+O02)*&-$ 0<$ 20'-&'-,-$ 40,5+$ )--&(*$ */)*$ )$ 3)Y0(.*N$ +&2.-.0'$ (&+,2&-$ */&$ 2033.*3&'*$ 0<$ &)2/$ .'+.O.+,)5
+&2.-.0'J3)7&($*0$*/&$+&2.-.0'8$P&36&(-$0<$)$3.'0(.*N$10-.*.0'$3)N$<&&5$5&--$2033.*3&'*$*0$)$3)Y0(.*N$+&2.-.0'>
)'+$&O&'$3)Y0(.*N$O0*&(-$4/0$3)N$/)O&$*)7&'$*/&.($10-.*.0'-$)50'%$1)(*N$0($6502$5.'&-$3)N$/)O&$)$-&'-&$0<$(&+,2&+
(&-10'-.6.5.*N$ <0($ */&$ ,5*.3)*&$ +&2.-.0'8$ H/&$ (&-,5*$ 0<$ */.-$ (&+,2&+$ 2033.*3&'*>$ )220(+.'%$ *0$ 3)'N$ 20'-&'-,1(010'&'*->$.-$10*&'*.)55N$5&--$4.55.'%'&--$*0$+&<&'+$0($)2*$,10'$*/&$+&2.-.0'8
C?
I0'-&'-,-$+&2.-.0'J3)7.'%
CF
C"3%$
UCV
U?V
UFV
UDV
^)(*'&**>$H8$L?BCCM8$I0'-&'-,-JZ(.&'*&+$"&2.-.0'$P)7.'%8$\)6(.05)$Q-5)'+>$[I>$I)')+):f&4$902.&*N$!,65.-/&(-8
H(&&$[(&--&'$L?BBhM>$I0'-&'-,-$"&2.-.0'$P)7.'%$L/**1:; ; *(&&%(0,18 .'<0; *01.2-; I0'-&'-,-o"&2.-0'oP)7.'%JI^8 1+<M
/**1:; ; 4448 )')6)1*.-*'&*40(78 203; '0+&; Chh
UI0'-&'-,-$)+$.+&3:$)$1(0*0205$<0($+&O&5013&'*$0<$20'-&'-,-$-*)*&3&'*-8$I)'$g$9,(%$?BCFj$_h$LhMj$Fh_$/**1:; ; O.&4&(8 S3)%-8 203;
1,65.2)*.0'; FB6__B&?b; FB6__B&?; hV
U_V k)'&(>$98$L?BCCM8$#)2.5.*)*0(c-$\,.+&$*0$!)(*.2.1)*0(N$"&2.-.0'J3)7.'%8$9)'$#()'2.-20>$IA:g0--&NJ[)--8
UhV f0(6&(%$O8$=N'(.6>$UCdd?V$?$98I8X8$??h$L9,1(&3&$I0,(*$0<$I)')+)M
U@V I/(.-*.)'>$"8$I(&)*.'%$)$R.<&$H0%&*/&(:$!()2*.2)5$H005-$*0$\(04$a20O.55)%&-$)'+$Q'*&'*.0')5$I033,'.*.&-8$L?BBFM8$\)6(.05)$Q-5)'+>$[I>
I)')+):f&4$902.&*N$!,65.-/&(-8
UEV e,)7&($#0,'+)*.0'-$0<$R&)+&(-/.1$LCdddM8$?'S-;670*$-#'-+'T&7F(0D27$(5'S-#$(#$&$'7#5'1-2(0)3$'1&,($'-+'405(0>$L/**1:; ; 4448 &)(5/)38
&+,; p20'-&'-&; ((020318 -/*35M$X.2/30'+>$Q'+.)'):$a)(5/)3$I055&%&8$X&*(.&O&+$0'$?BBdJBFJBC8
UdV =00+(04>$!8$LCdddM8$K[,.5+.'%$I0'-&'-,-$A30'%$P,5*.15&$!)(*.&-:$H/&$a]1&(.&'2&$0<$*/&$\()'+$I)'N0'$m.-.6.5.*N$H()'-10(*$I033.--.0'8K
L/**1:; ; 4448 &)(5/)38 &+,; p20'-&'-&; 1&*&(48 -/*35M$k&550%%Ja)(5/)3$!(0%()3$.'$e,)7&($#0,'+)*.0'-$0<$R&)+&(-/.18$X&*(.&O&+$0'
?BBdJBFJBC8
UCBV [&((N>$#8$)'+$P8$9'N+&($LCdddM8$Kf0*&-$1(&1)(&+$<0($X0,'+$*)65&:$H&)2/.'%$I0'-&'-,-J6,.5+.'%$.'$*/&$I5)--(0038K$L/**1:; ; 4448 &)(5/)38
&+,; p20'-&'-&; 1)*&)2/8 -/*35M$f)*.0')5$I0'<&(&'2&$0'$H&)2/.'%$!,65.2$A+3.'.-*()*.0'>$I050()+0$91(.'%->$I050()+0>$P)(2/$CddE8$X&*(.&O&+
0'$?BBdJBFJBC8
UCCV e,)7&($#0,'+)*.0'-$0<$R&)+&(-/.1$LCdddM8$KZ,($".-*.'2*.O&$A11(0)2/$L/**1:; ; 4448 &)(5/)38 &+,; p20'-&'-&; +.-*<&)8 -/*35M8$X.2/30'+>
Q'+.)'):$a)(5/)3$I055&%&8$X&*(.&O&+$0'$?BBdJBFJBC8
UC?V P).'&8%0O8$=/)*$.-$)$I0'-&'-,-$!(02&--i$L/**1:; ; 4448 3).'&8 %0O; 20'-&'-,-; 1123o20'-&'-,-o/03&8 /*3M$9*)*&$0<$P).'&$[&-*
!()2*.2&-8$X&*(.&O&+$0':$?BBdJBFJBC8
UCFV /**1:; ; 4448 20'-&'-,-60078 203; KI0'-&'-,-JZ(.&'*&+$"&2.-.0'JP)7.'%:$H/&$IZ"P$P0+&5$<0($#)2.5.*)*.'%$\(0,1-$*0$=.+&-1(&)+
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
A%(&&3&'*K
UCDV /**1:; ; 0*&-/)8 2); 20'*&'*; 3&&*.'%J<)2.5.*)*.0'
UC_V /**1:; ; 4448 0*&-/)8 0(%8 ,7; 650%; CCB@; ()'+03; *4.'75&J*4.'75&J5.**5&J<.'%&(-J20'-&'-,-J.'J)2*.0'8 /*35
UChV Ug)'$^)O&(2)31>$-f0'JO&(6)5$2033,'.2)*.0'$1$)$-05,*.0'$<0($20315&]$%(0,1$-&**.'%-.>$q/)6)$<)2.5.*)*0(-$2055&2*.O&>$Cddd8V
UC@V a(.'$A56&(*N>$-Z22,1N$9RI$1(0*&-*&(-$O.5.<N$&5.*&>$2)31$4.*/$+&-*.*,*&.$H/&$9)5*$R)7&$H(.6,'&>$Z2*06&($?E>$?BCC$L/**1:; ; 4448 -5*(.68 203;
-5*(.6; '&4-; _?@ddddCJ@_; 1)(7J1.0'&&(J/03&5&--J022,1N8 /*358 2-1M
UCEV /**1:; ; +0*302()2N8 0(%$"0*302()2N$<)2.5.*)*0(,-$(&-0,(2&$4&6-.*&
UCdV /**1:; ; +0*302()2N8 0(%; /)'+6007
U?BV 9).'*$9>$R)4-0'$gX$LCddDM$1&,($'+-0'0(7!/*#.'!-#$(#$&$U'7';-5(0#'7660-7!/')-'5(!*$*-#';7F*#.>'!<&.<<&(>$9)'$".&%0
U?CV ^&.*S.%$g>$9.330'-$#=$L?BCBM8$903&$I/)'2&$#0($I0'-&'-,-$L/**1:; ; +]8 +0.8 0(%; CB8 CBB@; -BBF__JBCBJB_C@JNM$C-!'S/-*!('V(,+'F_8
U??V X#I$?DCE8$KQaH#$=0(7.'%$\(0,1$\,.+&5.'&-$)'+$!(02&+,(&-8K
U?FV I0**0'&>$X8$X8$L?BBCM8$H/&$-02.)5$20'-*(,2*.O.-3$30+&5$0<$&*/.2)5$+&2.-.0'$3)7.'%8$Kg0,(')5$0<$I0,'-&5.'%$)'+$"&O&5013&'*>K$O058$@d>$118
FdJD_8
U?DV Q'*&(')*.0')5$Z(%)'.S)*.0'$<0($9*)'+)(+.S)*.0'$L9&1*&36&($?E>$?BBBM$X&10(*$0<$*/&$Q9Z$9&2(&*)(NJ\&'&()5$*0$*/&$Q9Z$\&'&()5$A--&365N
L/**1:; ; 4448 .-08 0(%; .-0; 5.O&5.'7%&*<.5&i55f0+&Q+n?C__Fr 55m05Q+nJ?BBBM8
U?_V K$A$[(.&<$^.-*0(N$0<$Q9Z$L/**1:; ; 4448 -.-8 1.**8 &+,; p36-25)--; -*)'+)(+-; 3)(*.'2.2; .-0/.-*(8 /*3MK>$I/)1*&($QQ$0<$KH/&$Q9Z$CDBBB$9&(.&0<$9*)'+)(+-K>$I8$g8$P)(*.'2.28
U?hV =&52/$I5.'&>$X&6&22)$g$LCddBM8$L/**1:; ; 4448 *)'+<0'5.'&8 203; +0.; )6-; CB8 CBEB; BCDhFF@dBBdFhd@DEM8$"&*&2*.'%$%(0,1*/.'7:$P&*/0+<0($06-&(O.'%$*/&$.55,-.0'$0<$,')'.3.*N8$I033,'.2)*.0'$e,)(*&(5N>$m05,3&$FE>$Q--,&$?>$CddB8
U?@V 92/,**>$X8$LA,%,-*$FC>$?BCBM8$I0'-&'-,-$Q-$f0*$G')'.3.*N:$P)7.'%$"&2.-.0'-$I001&()*.O&5N$L/**1:; ; 4448 O&(')51(0Y&2*8 0(%; 1)1&(-;
1(02&--; I0'-&'-,-f0*G')'.3.*N8 /*35M8$H/&$m&(')5$a+,2)*.0'$!(0Y&2*8$!)1&(-$0'$f0'O.05&'*$A2*.0'$)'+$I001&()*.O&$"&2.-.0'JP)7.'%8
U?EV 9*)(/)47$I0'-&'-,-$.-$'0*$,')'.3.*N$L/**1:; ; 4448 -*)(/)478 0(%; )2*.O.-3; *().'&(J(&-0,(2&-; 20'-&'-,-J',8 /*35M$J$)$1()2*.*.0'&(c.'*&(1(&*)*.0'$0<$92/,**8
U?dV /**1:; ; 4448 *)'+<0'5.'&8 203; +0.; )6-; CB8 CBEB; BCDhFF@dBBdFhd@DE
UFBV /**1:; ; 4448 -*)(/)478 0(%; )2*.O.-3; *().'&(J(&-0,(2&-; 20'-&'-,-J',8 /*35
UFCV /**1:; ; .&&&]150(&8 .&&&8 0(%; ]15; 50%.'8 Y-1i*1nr )(',36&(n_hDCdC@r 1,',36&(n_h?dDhhr ,(5n/**1`FA`?#`?#.&&&]150(&8 .&&&8
0(%`?#.&5_`?#_h?dDhh`?#_hDChh_`?#B_hDCdC@8 1+<`F#*1`F"`?h)(',36&(`F"_hDCdC@`?h1,',36&(`F"_h?dDhh
UF?V /**1:; ; 4448 Y-*0(8 0(%; +.-20O&(; CB8 ?FB@; ?hhdFDhi,.+nF@FdDF?r ,.+n?r ,.+nF@F@@?Br ,.+nDr -.+nD@hdEdCEB_@BD@
UFFV /**1:; ; 0'5.'&5.6()(N8 4.5&N8 203; +0.; CB8 CCCC; Y8 C@DBJCDhC8 ?BCC8 BC?Dd8 ]; <,55
UFDV P2\)''>$A'*/0'N$g8$H/&$R0%.2$0<$"&302()2N:$X&20'2.5.'%>$aW,)5.*N>$"&5.6&()*.0'>$)'+$P.'0(.*N$!(0*&2*.0'8$A''$A(60(:$G'.O&(-.*N$0<
P.2/.%)'$!(&--8$?BBh8$Q9[f$BJD@?JBhdDdJ@8
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
I0'-&'-,-$+&2.-.0'J3)7.'%
CD
;@3%6#-9'9*#.$
=.7.3&+.)$I0330'-$/)-$3&+.)$(&5)*&+$*0$!"#$%#$&$8
T KI0'-&'-,-$"&2.-.0'$P)7.'%K$L/**1:;;-&&+-<0(2/)'%&80(%8,7;<(&&;20'-&'-M$1$9&&+-$<0($I/)'%&
T 9/)(&+$!)*/>$9/)(&+$\0)5$L/**1:;;4448S/)6)82S;,150)+-;3&+.);9/)(&+o!)*/81+<M$1$)$-/0(*$1)31/5&*$0'
20'-&'-,T KI0'-&'-,-$"&2.-.0'$P)7.'%K$L/**1:;;*(&&%(0,18.'<0;*01.2-;I0'-&'-,-o"&2.-0'oP)7.'%JI^81+<M$1$2/)1*&(
6N$H(&&$[(&--&'$<(03$9/('S/7#.('B7#52--F>$?BB@8
T KI0'-&'-,-$"&2.-.0'JP)7.'%:$=/)*>$=/N>$^04K$L/**1:;;*(&&%(0,18.'<0;*01.2-;20'-&'-,-J.'J-/)(.'%J5)481+<M
1$-&2*.0'$6N$H(&&$[(&--&'$<(03$E07!)*!*#.'W7@'*#')/('C/70*#.'L!-#-;<'6N$Z(-.$r$k)--)'>$?BC?8
T KZ'$I0'<5.2*$)'+$I0'-&'-,-8$L/**1:;;444820'-&'-,-8'&*;1+<;20'-&'-,-81+<MK$1$I8$H8$R)4(&'2&$[,*5&($)'+
A3N$X0*/-*&.'$LCdE@M$#00+$f0*$[036-$!,65.-/.'%8$A5-0$)O).5)65&$.'$81+<$<0(3)*$L/**1-:;;4&68)(2/.O&80(%;
4&6;?BBhBE?FCDCECE;/**1:;;44484)'+(&.5)%/80(%;20'-&'-,-81+<M$)*$*/&$=)N6)27$P)2/.'&$L)(2/.O&+
A,%,-*$?F>$?BBhM
T KH/&$#0(3)5$I0'-&'-,-$=&6-.*&K$L/**1:;;444820'-&'-,-8'&*;M$1$[)-&+$0'$40(7$6N$I8$H8$R)4(&'2&$[,*5&($)'+
A3N$X0*/-*&.'
T K!)1&(-$0'$I001&()*.O&$"&2.-.0'JP)7.'%K$L/**1:;;4448O&(')51(0Y&2*80(%;1)1&(-;!(02&--8/*35M$1$X)'+N
92/,**
T KI0'-&'-,-JZ(.&'*&+$"&2.-.0'$P)7.'%:$H/&$IZ"P$P0+&5$<0($#)2.5.*)*.'%$\(0,1-$*0$=.+&-1(&)+$A%(&&3&'*K
L/**1:;;444820'-&'-,-60078203;M$I0'-&'-,-[0078203
T KA$m.(*,)5$R&)('.'%$I&'*&($<0($!&015&$Q'*&(&-*&+$.'$P)7.'%$"&2.-.0'-$6N$I0'-&'-,-K$L/**1:;;4448
20'-&'-,-+&2.-.0'3)7.'%80(%;M$1$I0'-&'-,-"&2.-.0'P)7.'%8Z(%
T KZ'&$m0*&$<0($"&302()2NK$L/**1:;;4448+.&3&(82);"02-;".&3&(JZ'&m0*&<0("&302()2N8/*3M$1$G55.$".&3&(
T K903&$P)*&(.)5-$0'$I0'-&'-,-8K$L/**1:;;4448&)(5/)38&+,;p20'-&'-&;3)*-8/*3M$1$e,)7&($#0,'+)*.0'-$0<
R&)+&(-/.1>$Cddd8$X.2/30'+>$Q'+.)'):$a)(5/)3$I055&%&8
T #,'2*.0')5$I0'-&'-,-$JJ$"&-.%'-$<0($&<<.2.&'*>$.'*&'*.0')5>$)'+$104&(<,5$+&2.-.0'-$L/**1:;;4448
<,'2*.0')520'-&'-,-80(%M
T I0'-&'-,-$6,.5+.'%$)'+$Z1&'$91)2&$H&2/'050%N$.'$P0+&')$LQ*)5NM>$.'$0(+&($*0$1(030*&$.'*&(2,5*,()5$+.)50%,&
L/**1:;;650%20'2.5.)S.0'&8203;?BC?;B_;20'-&'-,-J6,.5+.'%;M$J$H/&$.'*&(O.&4$4.*/$P)(.)'&55)$925)O.$)'+$*/&
O.+&0$)60,*$*/&$Z9H>$6N$=.53)$P)--,220$L/**1:;;65,.'+)2080(%;)60,*J,-J1(0+,2*.0'J4.53)J3)--,220;M$<0(
a,%)+$!(0Y&2*$L/**1:;;4448&,%)+8&,;4.7.;M>$)++&+$.'-.+&$*/&$650%$<0($A(6.*()*.0'$0<$P.5)'0$LQ*)5NM$L/**1:;;
44482)3&()J)(6.*()5&8.*;M>$)$650%$-1&2.<.2)55N$+&+.2)*&+$*0$A5*&(')*.O&$".-1,*&$X&-05,*.0'>$?BC?
T I0'-&'-,-J[)-&+$"&2.-.0'JP)7.'%$!(02&--&-$L/**1:;;4448&+,1+<80(%;DCDF;
20'-&'-,-J6)-&+J+&2.-.0'J3)7.'%J1(02&--&-;M$J$H/&$I0'-&'-,-$I0,'2.5>$Q'2
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
k'045&+%&
C_
W#"E9%(/%
#0($0*/&($,-&->$-&&$k'045&+%&$L+.-)36.%,)*.0'M8
W#"E9%(/%' .-$ )$ <)3.5.)(.*N>$ )4)(&'&--$ 0($ ,'+&(-*)'+.'%$ 0<$ -03&0'&$ 0($ -03&*/.'%>$ -,2/$ )-$ <)2*->$ .'<0(3)*.0'>
+&-2(.1*.0'->$ 0($ -7.55->$ 4/.2/$ .-$ )2W,.(&+$ */(0,%/$ &]1&(.&'2&$ 0($ &+,2)*.0'$ 6N$ 1&(2&.O.'%>$ +.-20O&(.'%>$ 0($ 5&)('.'%8
k'045&+%&$2)'$(&<&($*0$)$*/&0(&*.2)5$0($1()2*.2)5$,'+&(-*)'+.'%$0<$)$-,6Y&2*8$Q*$2)'$6&$.315.2.*$L)-$4.*/$1()2*.2)5$-7.55
0($ &]1&(*.-&M$ 0($ &]15.2.*$ L)-$ 4.*/$ */&$ */&0(&*.2)5$ ,'+&(-*)'+.'%$ 0<$ )$ -,6Y&2*Mj$ .*$ 2)'$ 6&$ 30(&$ 0($ 5&--$ <0(3)5$ 0(
-N-*&3)*.28UCV$ Q'$1/.50-01/N>$*/&$-*,+N$0<$7'045&+%&$.-$2)55&+$&1.-*&3050%Nj$*/&$1/.50-01/&($!5)*0$<)30,-5N$+&<.'&+
7'045&+%&$)-$KY,-*.<.&+$*(,&$6&5.&<K>$*/0,%/$K4&55JY,-*.<.&+$*(,&$6&5.&<K$.-$30(&$20315&*&$)-$.*$)220,'*-$<0($*/&$\&**.&(
1(065&3-8$^04&O&(>$-&O&()5$+&<.'.*.0'-$0<$7'045&+%&$)'+$*/&0(.&-$*0$&]15).'$.*$&].-*8
k'045&+%&$ )2W,.-.*.0'$ .'O05O&-$ 20315&]$ 20%'.*.O&$ 1(02&--&-:$ 1&(2&1*.0'>$ 2033,'.2)*.0'>$ )'+$ (&)-0'.'%j$ 4/.5&
7'045&+%&$.-$)5-0$-).+$*0$6&$(&5)*&+$*0$*/&$2)1)2.*N$0<$7!F#-@,(5.;(#)'.'$/,3)'$6&.'%-8U?V
OF%"6*%$'"G'.#"E9%(/%
9&&$)5-0:$a1.-*&3050%N
X06&(*$X&.+>$X#-@,(5.('LCEdhM8$H/03)g&<<&(-0'$[,.5+.'%>$=)-/.'%*0'>$"8I8
!
H/&$&O&'*,)5$+&3)(2)*.0'$0<$1/.50-01/N$<(03$-2.&'2&$4)-$3)+&$10--.65&$6N$*/&$'0*.0'$*/)*$1/.50-01/Nc-$20(&$4)-$K*/&0(N$0<$7'045&+%&>K$)
*/&0(N$+.-*.'2*$<(03$*/&$-2.&'2&-$6&2),-&$.*$4)-$*/&.($+-&#57)*-#2$=.*/0,*$*/.-$.+&)$0<$)$K*/&0(N$0<$7'045&+%&>K$.*$.-$/)(+$*0$.3)%.'&$4/)*
K1/.50-01/NK$20,5+$/)O&$6&&'$.'$*/&$)%&$0<$30+&('$-2.&'2&8
"
0$X.2/)(+$X0(*N>$!/.50-01/N$)'+$*/&$P.((0($0<$f)*,(&
H/&$ +&<.'.*.0'$ 0<$ 7'045&+%&$ .-$ )$ 3)**&($ 0<$ 0'%0.'%$ +&6)*&$ )30'%$ 1/.50-01/&(-$ .'$ */&$ <.&5+$ 0<$ &1.-*&3050%N8$ H/&
25)--.2)5$ +&<.'.*.0'>$ +&-2(.6&+$ 6,*$ '0*$ ,5*.3)*&5N$ &'+0(-&+$ 6N$ !5)*0>UFV$ -1&2.<.&-$ */)*$ )$ -*)*&3&'*$ 3,-*$ 3&&*$ */(&&
2(.*&(.)$ .'$ 0(+&($ *0$ 6&$ 20'-.+&(&+$ 7'045&+%&:$ .*$ 3,-*$ 6&$ Y,-*.<.&+>$ *(,&>$ )'+$ 6&5.&O&+8$ 903&$ 25).3$ */)*$ */&-&
20'+.*.0'-$ )(&$ '0*$ -,<<.2.&'*>$ )-$ \&**.&($ 2)-&$ &])315&-$ )55&%&+5N$ +&30'-*()*&8$ H/&(&$ )(&$ )$ ',36&($ 0<$ )5*&(')*.O&1(010-&+>$ .'25,+.'%$ X06&(*$ f0S.27c-$ )(%,3&'*-$ <0($ )$ (&W,.(&3&'*$ */)*$ 7'045&+%&$ c*()27-$ */&$ *(,*/c$ )'+$ 9.30'
[5)276,('c-$)++.*.0')5$(&W,.(&3&'*$*/)*$4&$+0$'0*$4)'*$*0$-)N$*/)*$*/0-&$4/0$3&&*$)'N$0<$*/&-&$20'+.*.0'-$c*/(0,%/$)
+&<&2*>$<5)4>$0($<).5,(&c$/)O&$7'045&+%&8$X.2/)(+$k.(7/)3$-,%%&-*-$*/)*$0,($+&<.'.*.0'$0<$7'045&+%&$(&W,.(&-$*/)*$*/&
&O.+&'2&$<0($*/&$6&5.&<$'&2&--.*)*&-$.*-$*(,*/8UDV
Q'$20'*()-*$*0$*/.-$)11(0)2/>$=.**%&'-*&.'$06-&(O&+>$<05504.'%$P00(&c-$1)()+0]>$*/)*$0'&$2)'$-)N$K^&$6&5.&O&-$.*>$6,*$
.*$ .-'c*$ -0>K$ 6,*$ '0*$ K^&$ 7'04-$ .*>$ 6,*$ .*$ .-'c*$ -08K$ U_V$ ^&$ %0&-$ 0'$ *0$ )(%,&$ */)*$ */&-&$ +0$ '0*$ 20((&-10'+$ *0$ +.-*.'2*$
3&'*)5$-*)*&->$6,*$()*/&($*0$+.-*.'2*$4)N-$0<$*)57.'%$)60,*$20'O.2*.0'8$=/)*$.-$+.<<&(&'*$/&(&$.-$'0*$*/&$3&'*)5$-*)*&$0<
k'045&+%&
*/&$ -1&)7&(>$ 6,*$ */&$ )2*.O.*N$ .'$ 4/.2/$ */&N$ )(&$ &'%)%&+8$ #0($ &])315&>$ 0'$ */.-$ )220,'*>$ *0$ F#-@' */)*$ */&$ 7&**5&$ .60.5.'%$.-$'0*$*0$6&$.'$)$1)(*.2,5)($-*)*&$0<$3.'+>$6,*$*0$1&(<0(3$)$1)(*.2,5)($*)-7$4.*/$*/&$-*)*&3&'*$*/)*$*/&$7&**5&$.60.5.'%8$ =.**%&'-*&.'$ -0,%/*$ *0$ 6N1)--$ */&$ +.<<.2,5*N$ 0<$ +&<.'.*.0'$ 6N$ 5007.'%$ *0$ */&$ 4)N$ K7'045&+%&K$ .-$ ,-&+$ .'
')*,()5$5)'%,)%&-8$^&$-)4$7'045&+%&$)-$)$2)-&$0<$)$<)3.5N$(&-&365)'2&8$#05504.'%$*/.-$.+&)>$K7'045&+%&K$/)-$6&&'
(&20'-*(,2*&+$ )-$ )$ 25,-*&($ 20'2&1*$ */)*$ 10.'*-$ 0,*$ (&5&O)'*$ <&)*,(&-$ 6,*$ */)*$ .-$ '0*$ )+&W,)*&5N$ 2)1*,(&+$ 6N$ )'N
+&<.'.*.0'8UhV
!",,&#*)-3*#/'.#"E9%(/%
9N3605.2$(&1(&-&'*)*.0'-$2)'$6&$,-&+$*0$.'+.2)*&$3&)'.'%$)'+$2)'$6&
*/0,%/*$ 0<$ )-$ )$ +N')3.2$ 1(02&--8$ ^&'2&$ */&$ *()'-<&($ 0<$ */&$ -N3605.2
(&1(&-&'*)*.0'$ 2)'$ 6&$ O.&4&+$ )-$ 0'&$ )-2(.1*.0'$ 1(02&--$ 4/&(&6N
7'045&+%&$2)'$6&$*()'-<&((&+8$Z*/&($<0(3-$0<$2033,'.2)*.0'$.'25,+&
06-&(O)*.0'$ )'+$ .3.*)*.0'>$ O&(6)5$ &]2/)'%&>$ )'+$ ),+.0$ )'+$ O.+&0
(&20(+.'%-8$ !/.50-01/&(-$ 0<$ 5)'%,)%&$ )'+$ -&3.0*.2.)'-$ 20'-*(,2*$ )'+
)')5NS&$
*/&0(.&-$
0<$
7'045&+%&$
*()'-<&($
0(
2033,'.2)*.0'8=.7.1&+.):I.*)*.0'$'&&+&+
=/.5&$3)'N$40,5+$)%(&&$*/)*$0'&$0<$*/&$30-*$,'.O&(-)5$)'+$-.%'.<.2)'*
*005-$ <0($ */&$ *()'-<&($ 0<$ 7'045&+%&$ .-$ 4(.*.'%$ )'+$ (&)+.'%$ L0<$ 3)'N
7.'+-M>$ )(%,3&'*$ 0O&($ */&$ ,-&<,5'&--$ 0<$ */&$ 4(.**&'$ 40(+$ &].-*'0'&*/&5&-->$4.*/$-03&$-2/05)(-$-7&1*.2)5$0<$.*-$.31)2*$0'$-02.&*.&-8$Q'
/.-$ 2055&2*.0'$ 0<$ &--)N-$ 9(!/#-6-,<>$ f&.5$ !0-*3)'$ +&30'-*()*&-$ */&
)(%,3&'*$ )%).'-*$ */&$ ,-&$ 0<$ 4(.*.'%$ */(0,%/$ )'$ &]2&(1*$ <(03$ !5)*0c40(7$ E/7(50&$' L!0-*3)'>$ f&.5$ LCdd?M$ 9(!/#-6-,<>$ m.'*)%&>$ f&4
W-$'6-0)75-0($'5(',7'7#)-0!/7
l0(7>$11$@FM8$Q'$*/.-$&]2&(1*$*/&$-2/05)($902()*&-$(&20,'*-$*/&$-*0(N$0<
92,51*,(&$6N$A'')$^N)**$^,'*.'%*0'$)60,*$*/&
H/)3,->$ */&$ a%N1*.)'$ 7.'%$ )'+$ H/&,*/$ */&$ .'O&'*0($ 0<$ */&$ 4(.**&'
*()'-3.--.0'$0<$7'045&+%&$<(03$0'&$%&'&()*.0'
*0$*/&$'&]*
40(+8$ Q'$ */.-$ -*0(N>$ H/&,*/$ 1(&-&'*-$ /.-$ '&4$ .'O&'*.0'$ K4(.*.'%K$ *0
LI.,+)+$G'.O&(-.*)(.)>$P)+(.+>$91).'M
k.'%$ H/)3,->$ *&55.'%$ H/)3,-$ */)*$ /.-$ '&4$ .'O&'*.0'$ K4.55$ .31(0O&
60*/$*/&$4.-+03$)'+$3&30(N$0<$*/&$a%N1*.)'-K$L!0-*3)'>$f&.5$LCdd?M
H&2/'0105N>$m.'*)%&>$f&4$l0(7>$11$@DM8$k.'%$H/)3,-$.-$-7&1*.2)5$0<$*/.-$'&4$.'O&'*.0'$)'+$(&Y&2*-$.*$)-$)$*005$0<
(&2055&2*.0'$ ()*/&($ */)'$ (&*).'&+$ 7'045&+%&8$ ^&$ )(%,&-$ */)*$ */&$ 4(.**&'$ 40(+$ 4.55$ .'<&2*$ */&$ a%N1*.)'$ 1&015&$ 4.*/
<)7&$7'045&+%&$)-$*/&N$4.55$6&$)65&$*0$)**).'$<)2*-$)'+$-*0(.&-$<(03$)'$&]*&(')5$-0,(2&$)'+$4.55$'0$50'%&($6&$<0(2&+$*0
3&'*)55N$(&*).'$5)(%&$W,)'*.*.&-$0<$7'045&+%&$*/&3-&5O&-$L!0-*3)'>$f&.5$LCdd?M$9(!/#-6-,<>$m.'*)%&>$f&4$l0(7>11
@DM8
I5)--.2)5$ &)(5N$ 30+&('$ */&0(.&-$ 0<$ 7'045&+%&>$ &-1&2.)55N$ */0-&$ )+O)'2.'%$ */&$ .'<5,&'*.)5$ &31.(.2.-3$ 0<$ */&
1/.50-01/&($g0/'$R027&>$4&(&$6)-&+$.315.2.*5N$0($&]15.2.*5N$0'$)$30+&5$0<$*/&$3.'+$4/.2/$5.7&'&+$.+&)-$*0$40(+-8
H/.-$)')50%N$6&*4&&'$5)'%,)%&$)'+$*/0,%/*$5).+$*/&$<0,'+)*.0'$<0($)$%()1/.2$20'2&1*.0'$0<$7'045&+%&$.'$4/.2/$*/&
3.'+$4)-$*(&)*&+$)-$)$*)65&$L)$20'*).'&($0<$20'*&'*M$*/)*$/)+$*0$6&$-*027&+$4.*/$<)2*-$(&+,2&+$*0$5&**&(->$',36&(-$0(
-N3605-8$H/.-$2(&)*&+$)$-.*,)*.0'$.'$4/.2/$*/&$-1)*.)5$)5.%'3&'*$0<$40(+-$0'$*/&$1)%&$2)((.&+$%(&)*$20%'.*.O&$4&.%/*>
-0$ 3,2/$ -0$ */)*$ &+,2)*0(-$ 1).+$ O&(N$ 250-&$ )**&'*.0'$ *0$ */&$ O.-,)5$ -*(,2*,(&$ 0<$ .'<0(3)*.0'$ 0'$ */&$ 1)%&$ )'+$ .'
'0*&6007-8
P&+.)$*/&0(.-*-$5.7&$A'+(&4$X06.'-0'$&31/)-.-&$*/)*$*/&$O.-,)5$+&1.2*.0'$0<$7'045&+%&$.'$*/&$30+&('$40(5+$4)-$
0<*&'$ -&&'$ )-$ 6&.'%$ c*(,&(c$ */)'$ 0()5$ 7'045&+%&8$ H/.-$ 15)N-$ .'*0$ )$ 50'%-*)'+.'%$ )')5N*.2$ '0*.0'$ .'$ */&$ =&-*&($
.'*&55&2*,)5$*()+.*.0'$.'$4/.2/$O&(6)5$2033,'.2)*.0'$.-$%&'&()55N$*/0,%/*$*0$5&'+$.*-&5<$*0$*/&$-1(&)+$0<$<)5-&/00+-$)-$
3,2/$)-$4(.**&'$2033,'.2)*.0'8$Q*$.-$/)(+&($*0$1(&-&(O&$(&20(+-$0<$4/)*$4)-$-).+$0($4/0$0(.%.')55N$-).+$.*$1$,-,)55N$
'&.*/&($*/&$-0,(2&$'0($*/&$20'*&'*$2)'$6&$O&(.<.&+8$\0--.1$)'+$(,30(-$)(&$&])315&-$1(&O)5&'*$.'$60*/$3&+.)8$A-$*0$*/&
Ch
k'045&+%&
O)5,&$0<$4(.*.'%>$*/&$&]*&'*$0<$/,3)'$7'045&+%&$.-$'04$-0$%(&)*>$)'+$*/&$1&015&$.'*&(&-*&+$.'$)$1.&2&$0<$7'045&+%&
-0$-&1)()*&+$.'$*.3&$)'+$-1)2&>$*/)*$4(.*.'%$.-$20'-.+&(&+$2&'*()5$*0$2)1*,(.'%$)'+$-/)(.'%$.*8
P)Y0($5.6()(.&-$*0+)N$2)'$/)O&$3.55.0'-$0<$6007-$0<$7'045&+%&$L.'$)++.*.0'$*0$40(7-$0<$<.2*.0'M8$Q*$.-$0'5N$(&2&'*5N
*/)*$),+.0$)'+$O.+&0$*&2/'050%N$<0($(&20(+.'%$7'045&+%&$/)O&$6&203&$)O).5)65&$)'+$*/&$,-&$0<$*/&-&$-*.55$(&W,.(&(&15)N$ &W,.13&'*$ )'+$ &5&2*(.2.*N8$ m&(6)5$ *&)2/.'%$ )'+$ /)'+.'%$ +04'$ 0<$ 7'045&+%&$ .-$ 5.3.*&+$ *0$ */0-&$ 4/0$ 40,5+
/)O&$20'*)2*$4.*/$*/&$*()'-3.**&($0($-03&0'&$4/0$20,5+$.'*&(1(&*$4(.**&'$40(78$=(.*.'%$.-$-*.55$*/&$30-*$)O).5)65&$)'+
30-*$,'.O&(-)5$0<$)55$<0(3-$0<$(&20(+.'%$)'+$*()'-3.**.'%$7'045&+%&8$Q*$-*)'+-$,'2/)55&'%&+$)-$3)'7.'+c-$1(.3)(N
*&2/'050%N$ 0<$ 7'045&+%&$ *()'-<&($ +04'$ */(0,%/$ */&$ )%&-$ )'+$ *0$ )55$ 2,5*,(&-$ )'+$ 5)'%,)%&-$ 0<$ */&
40(5+8=.7.1&+.):I.*)*.0'$'&&+&+=.7.1&+.):".-1,*&+$-*)*&3&'*
7*3&-3%('.#"E9%(/%
9.*,)*&+$ 7'045&+%&$ .-$ 7'045&+%&$ -1&2.<.2$ *0$ )$ 1)(*.2,5)($ -.*,)*.0'8$ Q*$ .-$ )$ *&(3$ 20.'&+$ 6N$ "0'')$ ^)()4)N$ )-$ )'
&]*&'-.0'$0<$*/&$<&3.'.-*$)11(0)2/&-$0<$K-,22&--0($-2.&'2&K$-,%%&-*&+$6N$9)'+()$^)(+.'%>$0'&$4/.2/$K0<<&(-$)$30(&
)+&W,)*&>$(.2/&(>$6&**&($)220,'*$0<$)$40(5+>$.'$0(+&($*0$5.O&$.'$.*$4&55$)'+$.'$2(.*.2)5>$(&<5&].O&$(&5)*.0'$*0$0,($04'$)4&55$ )-$ 0*/&(-c$ 1()2*.2&-$ 0<$ +03.')*.0'$ )'+$ */&$ ,'&W,)5$ 1)(*-$ 0<$ 1(.O.5&%&$ )'+$ 011(&--.0'$ */)*$ 3)7&-$ ,1$ )55
10-.*.0'-8KU@V$ H/.-$-.*,)*.0'$1)(*.)55N$*()'-<0(3-$-2.&'2&$.'*0$)$')(()*.O&>$4/.2/$A(*,(0$a-206)($&]15).'-$)->$K'&.*/&(
<.2*.0'-$ '0($ -,110-&+$ <)2*-8K$ H/.-$ ')(()*.O&$ 0<$ -.*,)*.0'$ .-$ /.-*0(.2)5$ *&]*,(&-$ 40O&'$ 0<$ <)2*$ )'+$ <.2*.0'>$ )'+$ )a-206)($&]15).'-$<,(*/&(>$K&O&'$*/&$30-*$'&,*()5$-2.&'*.<.2$+03).'-$)(&$')(()*.O&-$.'$*/.-$-&'-&>K$.'-.-*.'%$*/)*$()*/&(
*/)'$)$1,(10-&$+.-3.--.'%$-2.&'2&$)-$)$*(.O.)5$3)**&($0<$20'*.'%&'2N>$K.*$.-$*0$*(&)*$L*/.-$')(()*.O&M$.'$*/&$30-*$-&(.0,4)N>$4.*/0,*$-,22,36.'%$*0$.*-$3N-*.<.2)*.0'$)-$c*/&$*(,*/c$0($*0$*/&$.(0'.2$-7&1*.2.-3$20330'$*0$3)'N$2(.*.W,&-8KUEV
^)()4)Nc-$)(%,3&'*$-*&3-$<(03$*/&$5.3.*)*.0'-$0<$*/&$/,3)'$1&(2&1*.0'>$)-$4&55$)-$*/&$0O&(&31/)-.-$0<$*/&$-&'-&$0<
O.-.0'$.'$-2.&'2&8$A220(+.'%$*0$^)()4)N>$O.-.0'$.'$-2.&'2&$/)-$6&&'>$K,-&+$*0$-.%'.<N$)$5&)1$0,*$0<$*/&$3)(7&+$60+N
)'+$ .'*0$ )$ 20'W,&(.'%$ %)S&$ <(03$ '04/&(&8K$ H/.-$ .-$ */&$ K%)S&$ */)*$ 3N*/.2)55N$ .'-2(.6&-$ )55$ */&$ 3)(7&+$ 60+.&->$ */)*
3)7&-$*/&$,'3)(7&+$2)*&%0(N$25).3$*/&$104&($*0$-&&$)'+$'0*$6&$-&&'>$*0$(&1(&-&'*$4/.5&$&-2)1.'%$(&1(&-&'*)*.0'8KU@V
H/.-$2),-&-$)$5.3.*)*.0'$0<$O.&4-$.'$*/&$10-.*.0'$0<$-2.&'2&$.*-&5<$)-$)$10*&'*.)5$15)N&($.'$*/&$2(&)*.0'$0<$7'045&+%&>
(&-,5*.'%$ .'$ )$ 10-.*.0'$ 0<$ K30+&-*$ 4.*'&--K8$ H/.-$ .-$ 4/)*$ ^)()4)N$ *&(3-$ )$ K%0+$ *(.27K>$ 0($ */&$ )<0(&3&'*.0'&+
(&1(&-&'*)*.0'$4/.5&$&-2)1.'%$(&1(&-&'*)*.0'8UdV$ Q'$0(+&($*0$)O0.+$*/.->$K^)()4)N$1&(1&*,)*&-$)$*()+.*.0'$0<$*/0,%/*
4/.2/$&31/)-.S&-$*/&$.310(*)'2&$0<$*/&$-,6Y&2*$.'$*&(3-$0<$60*/$&*/.2)5$)'+$105.*.2)5$)220,'*)6.5.*NK8UCBV
903&$3&*/0+-$0<$%&'&()*.'%$7'045&+%&>$-,2/$)-$*(.)5$)'+$&((0(>$0($5&)('.'%$<(03$&]1&(.&'2&>$*&'+$*0$2(&)*&$/.%/5N
-.*,)*.0')5$7'045&+%&8$Z'&$0<$*/&$3).'$)**(.6,*&-$0<$*/&$-2.&'*.<.2$3&*/0+$.-$*/)*$*/&$*/&0(.&-$.*$%&'&()*&-$)(&$3,2/
5&--$-.*,)*.0')5$*/)'$7'045&+%&$%).'&+$6N$0*/&($3&*/0+-8=.7.1&+.):I.*)*.0'$'&&+&+$9.*,)*.0')5$7'045&+%&$.-$0<*&'
&36&++&+$ .'$ 5)'%,)%&>$ 2,5*,(&>$ 0($ *()+.*.0'-8$ H/.-$ .'*&%()*.0'$ 0<$ -.*,)*.0')5$ 7'045&+%&$ .-$ )'$ )55,-.0'$ *0$ */&
2033,'.*N>$)'+$.*-$)**&31*-$)*$2055&2*.'%$-,6Y&2*.O&$1&(-1&2*.O&-$.'*0$)'$&360+.3&'*$K0<$O.&4-$<(03$-03&4/&(&8K
UCCV
k'045&+%&$%&'&()*&+$*/(0,%/$&]1&(.&'2&$.-$2)55&+$7'045&+%&$K)$10-*&(.0(.K>$3&)'.'%$)<*&(4)(+-8$H/&$1,(&$&].-*&'2&
0<$ )$ *&(3$ 5.7&$ K)$ 10-*&(.0(.K$ 3&)'-$ */.-$ )5-0$ /)-$ )$ 20,'*&(1)(*8$ Q'$ */.-$ 2)-&$ */)*$ .-$ 7'045&+%&$ K)$ 1(.0(.K>$ 3&)'.'%
6&<0(&8$H/&$7'045&+%&$1(.0($*0$)'N$&]1&(.&'2&$3&)'-$*/)*$*/&(&$)(&$2&(*).'$K)--,31*.0'-K$*/)*$0'&$*)7&-$<0($%()'*&+8
#0($ &])315&$ .<$ N0,$ )(&$ 6&.'%$ *05+$ )60,*$ )$ 2/).($ .*$ .-$ 25&)($ *0$ N0,$ */)*$ */&$ 2/).($ .-$ .'$ -1)2&>$ */)*$ .*$ .-$ F"8$ H/.7'045&+%&$.-$'0*$7'045&+%&$*/)*$0'&$2)'$K<0(%&*K>$&O&'$-03&0'&$-,<<&(.'%$<(03$)3'&-.)$&]1&(.&'2&-$*/&$40(5+$.'
F"8=.7.1&+.):I.*)*.0'$'&&+&+
aO&'$*/0,%/$^)()4)Nc-$)(%,3&'*-$)(&$5)(%&5N$6)-&+$0'$<&3.'.-*$-*,+.&->U@V$ */.-$.+&)$0<$+.<<&(&'*$40(5+->$)-$4&55$)*/&$-7&1*.2$-*)'2&$0<$-.*,)*&+$7'045&+%&$.-$1(&-&'*$.'$*/&$3).'$)(%,3&'*-$0<$10-*J-*(,2*,()5.-38$#,'+)3&'*)55N>$60*/
)(%,&$*/&$20'*.'%&'2N$0<$7'045&+%&$0'$*/&$1(&-&'2&$0<$/.-*0(Nj$104&(>$)'+$%&0%()1/N>$)-$4&55$)-$*/&$(&Y&2*.0'$0<
,'.O&(-)5$(,5&-$0($5)4-$0($&5&3&'*)(N$-*(,2*,(&-j$)'+$*/&$.+&)$0<$104&($)-$)'$.'/&(.*&+$*().*$0<$06Y&2*.<.2)*.0'8UC?V
C@
k'045&+%&
CE
=-63*-9'.#"E9%(/%
Z'&$ +.-2.15.'&$ 0<$ &1.-*&3050%N$ <02,-&-$ 0'$ 1)(*.)5$ 7'045&+%&8$ Q'$ 30-*$ 2)-&->$ .*$ .-$ '0*$ 10--.65&$ *0$ ,'+&(-*)'+$ )'
.'<0(3)*.0'$ +03).'$ &]/),-*.O&5Nj$ 0,($ 7'045&+%&$ .-$ )54)N-$ *#!-;6,()(' 0($ 1)(*.)58$ P0-*$ (&)5$ 1(065&3-$ /)O&$ *0$ 6&
-05O&+$6N$*)7.'%$)+O)'*)%&$0<$)$1)(*.)5$,'+&(-*)'+.'%$0<$*/&$1(065&3$20'*&]*$)'+$1(065&3$+)*)>$,'5.7&$*/&$*N1.2)5
3)*/$ 1(065&3-$ 0'&$ 3.%/*$ -05O&$ )*$ -2/005>$ 4/&(&$ )55$ +)*)$ .-$ %.O&'$ )'+$ 0'&$ .-$ %.O&'$ )$ 20315&*&$ ,'+&(-*)'+.'%$ 0<
<0(3,5)-$'&2&--)(N$*0$-05O&$*/&38=.7.1&+.):I.*)*.0'$'&&+&+
H/.-$.+&)$.-$)5-0$1(&-&'*$.'$*/&$20'2&1*$0<$60,'+&+$()*.0')5.*N$4/.2/$)--,3&-$*/)*$.'$(&)5$5.<&$-.*,)*.0'-$1&015&$0<*&'
/)O&$)$5.3.*&+$)30,'*$0<$.'<0(3)*.0'$)'+$3)7&$+&2.-.0'-$)220(+.'%5N8
Q'*,.*.0'$ .-$ */&$ )6.5.*N$ *0$ )2W,.(&$ 1)(*.)5$ 7'045&+%&$ 4.*/0,*$ .'<&(&'2&$ 0($ */&$ ,-&$ 0<$ (&)-0'8UCFV$ A'$ .'+.O.+,)5$ 3)N
K7'04K$)60,*$)$-.*,)*.0'$)'+$6&$,')65&$*0$&]15).'$*/&$1(02&--$*/)*$5&+$*0$*/&.($7'045&+%&8
7)*%#3*G*)'.#"E9%(/%
H/&$ +&O&5013&'*$ 0<$ */&$ -2.&'*.<.2$ 3&*/0+$ /)-$ 3)+&$ )$ -.%'.<.2)'*$ 20'*(.6,*.0'$ *0$ /04$ 7'045&+%&$ 0<$ */&$ 1/N-.2)5
40(5+$)'+$.*-$1/&'03&')$.-$)2W,.(&+8UCDV$ H0$6&$*&(3&+$-2.&'*.<.2>$)$3&*/0+$0<$.'W,.(N$3,-*$6&$6)-&+$0'$%)*/&(.'%
06-&(O)65&$ )'+$ 3&)-,()65&$ &O.+&'2&$ -,6Y&2*$ *0$ -1&2.<.2$ 1(.'2.15&-$ 0<$ (&)-0'.'%$ )'+$ &]1&(.3&'*)*.0'8UC_V$ H/&
-2.&'*.<.2$3&*/0+$20'-.-*-$0<$*/&$2055&2*.0'$0<$+)*)$*/(0,%/$06-&(O)*.0'$)'+$&]1&(.3&'*)*.0'>$)'+$*/&$<0(3,5)*.0'$)'+
*&-*.'%$ 0<$ /N10*/&-&-8UChV$ 92.&'2&>$ )'+$ */&$ ')*,(&$ 0<$ -2.&'*.<.2$ 7'045&+%&$ /)O&$ )5-0$ 6&203&$ */&$ -,6Y&2*$ 0<
!/.50-01/N8$A-$-2.&'2&$.*-&5<$/)-$+&O&501&+>$7'045&+%&$/)-$+&O&501&+$)$6(0)+&($,-)%&$4/.2/$/)-$6&&'$+&O&501.'%
4.*/.'$6.050%N;1-N2/050%N0+.-2,--&+$&5-&4/&(&$)-$3&*)J&1.-*&3050%N>$0($%&'&*.2$&1.-*&3050%N>$)'+$*0$-03&$&]*&'*
(&5)*&+$*0$K*/&0(N$0<$20%'.*.O&$+&O&5013&'*K8
f0*&$ */)*$ K&1.-*&3050%NK$ .-$ */&$ -*,+N$ 0<$ 7'045&+%&$ )'+$ /04$ .*$ .-$ )2W,.(&+8
92.&'2&$.-$K*/&$1(02&--$,-&+$&O&(N+)N$*0$50%.2)55N$20315&*&$*/0,%/*-$*/(0,%/
.'<&(&'2&$0<$<)2*-$+&*&(3.'&+$6N$2)52,5)*&+$&]1&(.3&'*-8K$9.($#()'2.-$[)20'
4)-$2(.*.2)5$.'$*/&$/.-*0(.2)5$+&O&5013&'*$0<$*/&$-2.&'*.<.2$3&*/0+j$/.-$40(7&-*)65.-/&+$ )'+$ 101,5)(.S&+$ )'$ .'+,2*.O&$ 3&*/0+050%N$ <0($ -2.&'*.<.2$ .'W,.(N8
^.-$ <)30,-$ )1/0(.-3>$ K7'045&+%&$ .-$ 104&(K>$ .-$ <0,'+$ .'$ */&$ P&+.*)*.0'9)2()&$LC_d@M8
G'*.5$ (&2&'*$ *.3&->$ )*$ 5&)-*$ .'$ */&$ =&-*&('$ *()+.*.0'>$ .*$ 4)-$ -.315N$ *)7&'$ <0(
%()'*&+$ */)*$ 7'045&+%&$ 4)-$ -03&*/.'%$ 10--&--&+$ 0'5N$ 6N$ /,3)'-$ 0$ )'+
1(06)65N$ 75&,)$ /,3)'-$ )*$ */)*8$ 903&*.3&-$ */&$ '0*.0'$ 3.%/*$ -*(&*2/$ *0
L..MsC-!*()<D7$D$&!/>$ )-$ .'$ L&8%8M$ K*/&$ 7'045&+%&$ 10--&--&+$ 6N$ */&$ I01*.2
2,5*,(&K$ L)-$ 0110-&+$ *0$ .*-$ .'+.O.+,)5$ 3&36&(-M>$ 6,*$ */)*$ 4)-$ '0*$ )--,(&+
&.*/&(8$f0($4)-$.*$,-,)5$*0$20'-.+&($&#!-#$!*-&$'7'045&+%&$.'$)'N$-N-*&3)*.2
UC@V
4)N$,'*.5$*/.-$)11(0)2/$4)-$101,5)(.S&+$6N$#(&,+8
Z*/&($ 6.050%.2)5$ +03).'-$ 4/&(&$ K7'045&+%&K$ 3.%/*$ 6&$ -).+$ *0$ (&-.+&>
.'25,+&:$L...M$*/&$*;;&#('$<$)(;>$)'+$L.OM$.'$*/&$8R?'-+')/('.(#()*!'!-5(8$9&&
*/&$ 5.-*$ 0<$ <0,($ K&1.-*&3050%.2)5$ +03).'-K:$ s$ !011&(>$ LCd@_MjUCEV$ )'+$ H().55
L?BBE:UCdV$H)65&s9>$1)%&sFCM0)5-0$(&<&(&'2&-$6N$60*/$*0$f.&5-$g&('&8
9.($#()'2.-$[)20'>$Kk'045&+%&$.!04&(K
9,2/$ 20'-.+&()*.0'-$ -&&3$ *0$ 2)55$ <0($ )$ -&1)()*&$ +&<.'.*.0'$ 0<$ K7'045&+%&K$ *0$ 20O&($ */&$ 6.050%.2)5$ -N-*&3-8$ #0(
6.050%.-*->$7'045&+%&$3,-*$6&$,-&<,55N$7:7*,72,('*0$*/&$-N-*&3>$*/0,%/$*/)*$-N-*&3$'&&+$'0*$6&$20'-2.0,-8$H/,-$*/&
2(.*&(.)$-&&3$*0$6&:
T H/&$-N-*&3$-/0,5+$)11)(&'*5N$6&$+N')3.2$)'+$-&5<J0(%)'.S.'%$L,'5.7&$)$3&(&$6007$-#'*)$'-@#M8
U?BV$
0($4)N-$0<$+&)5.'%$4.*/$.*
T H/&$7'045&+%&$3,-*$20'-*.*,*&$-03&$-0(*$0<$(&1(&-&'*)*.0'$0<$K*/&$0,*-.+&$40(5+K>
L+.(&2*5N$0($.'+.(&2*5NM8
k'045&+%&
T 903&$4)N$3,-*$&].-*$<0($*/&$-N-*&3$*0$)22&--$*/.-$.'<0(3)*.0'$W,.275N$&'0,%/$<0($.*$*0$6&$,-&<,58
92.&'*.<.2$7'045&+%&$3)N$'0*$.'O05O&$)$25).3$*0$2&(*).'*N>$3).'*).'.'%$-7&1*.2.-3$3&)'-$*/)*$)$-2.&'*.-*$4.55$'&O&(
6&$)6-05,*&5N$2&(*).'$4/&'$*/&N$)(&$20((&2*$)'+$4/&'$*/&N$)(&$'0*8$Q*$.-$*/,-$)'$.(0'N$0<$1(01&($-2.&'*.<.2$3&*/0+$*/)*
0'&$ 3,-*$ +0,6*$ &O&'$ 4/&'$ 20((&2*>$ .'$ */&$ /01&-$ */)*$ */.-$ 1()2*.2&$ 4.55$ 5&)+$ *0$ %(&)*&($ 20'O&(%&'2&$ 0'$ */&$ *(,*/$ .'
%&'&()58U?CV
N%9*/*"&$',%-#*#/'"G'.#"E9%(/%
Q'$3)'N$&]1(&--.0'-$0<$I/(.-*.)'.*N>$-,2/$)-$I)*/05.2.-3$)'+$A'%5.2)'.-3>$7'045&+%&$.-$0'&$0<$*/&$-&O&'$%.<*-$0<
*/&$^05N$91.(.*8
H/&$Z5+$H&-*)3&'*c-$*(&&$0<$*/&$7'045&+%&$0<$%00+$)'+$&O.5$20'*).'&+$*/&$7'045&+%&$*/)*$-&1)()*&+$P)'$<(03$\0+:
KA'+$*/&$RZX"$\0+$-).+>$[&/05+>$*/&$3)'$.-$6&203&$)-$0'&$0<$,->$*0$7'04$%00+$)'+$&O.52K$L\&'&-.-$F:??$U??VM
Q'$\'0-*.2.-3$+.O.'&$7'045&+%&$0($%'0-.-$.-$/01&+$*0$6&$)**).'&+8
!"#$%&' #&(' Lm.+N)$ "))'M$ .8&8$ 7'045&+%&$ -/)(.'%$ .-$ )$ 3)Y0($ 1)(*$ 0<$ "))'>$ )$ *&'&*$ 0<$ )55$ "/)(3.2$ X&5.%.0'-8U?FV$ ^.'+,
92(.1*,(&-$ 1(&-&'*$ *40$ 7.'+-$ 0<$ 7'045&+%&>$ E70-F$/' Y<7#' )'+$ E07)7F$/' Y<7#8$ E70-F$/' Y<7#' L)5-0$ -1&55&+
E70-F$/7DZ#7#7M$ .-$ -&20'+/)'+$ 7'045&+%&:$ 7'045&+%&$ 06*).'&+$ <(03$ 6007->$ /&)(-)N>$ &*28$ E07)7F$/' Y<7#' L)5-0
-1&55&+$E07)7F$/7DZ#7#7M$.-$*/&$7'045&+%&$60('&$0<$+.(&2*$&]1&(.&'2&>$.8&8>$7'045&+%&$*/)*$0'&$+.-20O&(-$<0($0'&-&5<8
g')')$N0%)$LK1)*/$0<$7'045&+%&KM$.-$0'&$0<$*/(&&$3).'$*N1&-$0<$N0%)$&]10,'+&+$6N$k(.-/')$.'$*/&$[/)%)O)+$\.*)8$LQ*
.-$2031)(&+$)'+$20'*()-*&+$4.*/$[/)7*.$l0%)$)'+$k)(3)$N0%)8M
Q'$Q-5)3>$7'045&+%&$LA()6.2:$!"#>$!*,;M$.-$%.O&'$%(&)*$-.%'.<.2)'2&8$KH/&$k'04.'%K$L7,D!?,[;M$.-$0'&$0<$*/&$dd$')3&(&<5&2*.'%$ +.-*.'2*$ )**(.6,*&-$ 0<$ \0+8$ H/&$ e,(c)'$ )--&(*-$ */)*$ 7'045&+%&$ 203&-$ <(03$ \0+$ L?:?Fd$ U?DVM$ )'+$ O)(.0,/75*)/' &'20,()%&$ */&$ )2W,.-.*.0'$ 0<$ 7'045&+%&8$ P,/)33)+$ .-$ (&10(*&+$ *0$ /)O&$ -).+$ K9&&7$ 7'045&+%&$ <(03$ */&
2()+5&$ *0$ */&$ %()O&K$ )'+$ Km&(.5N$ */&$ 3&'$ 0<$ 7'045&+%&$ )(&$ */&$ .'/&(.*0(-$ 0<$ */&$ 1(01/&*-K8$ Q-5)3.2$ -2/05)(->
*/&050%.)'-$)'+$Y,(.-*-$)(&$0<*&'$%.O&'$*/&$*.*5&$7,*;>$3&)'.'%$K7'045&+%)65&K8$=.7.1&+.):I.*)*.0'$'&&+&+
Q'$ g&4.-/$ *()+.*.0'>$ 7'045&+%&$ L^&6(&4:$ tuv$ 5737)/M$ .-$ 20'-.+&(&+$ 0'&$ 0<$ */&$ 30-*$ O)5,)65&$ *().*-$ )$ 1&(-0'$ 2)'
)2W,.(&8$ Z6-&(O)'*$ g&4-$ (&2.*&$ */(&&$ *.3&-$ )$ +)N$ .'$ */&$ A3.+)/$ K#)O0($ ,-$ 4.*/$ 7'045&+%&>$ ,'+&(-*)'+.'%$ )'+
+.-2(&*.0'$*/)*$203&$<(03$N0,8$a])5*&+$)(&$N0,>$a].-*&'*JZ'&>$*/&$%()2.0,-$%.O&($0<$7'045&+%&8K$H/&$H)')7/$-*)*&->
KA$4.-&$3)'$%).'-$104&(>$)'+$)$3)'$0<$7'045&+%&$3).'*).'-$104&(K>$)'+$K7'045&+%&$.-$2/0-&'$)60O&$%05+K8
5$'-',%-$&6%'"G'6%9*/*"$*3>'X*#'$")*"9"/>'"G'6%9*/*"#Y
A220(+.'%$ *0$ */&$ -02.050%.-*$ P&(O.'$ m&(6.*>$ 7'045&+%&$ 3)N$ 6&$ ,'+&(-*00+$ )-$ 0'&$ 0<$ */&$ 7&N$ 20310'&'*-$ 0<
(&5.%.0-.*N8$A'+$(&5.%.0,-$7'045&+%&$.*-&5<$3)N$6&$6(07&'$+04'$.'*0$<0,($+.3&'-.0'-:
T
T
T
T
20'*&'*
<(&W,&'2N
.'*&'-.*N
2&'*()5.*N
H/&$20'*&'*$0<$0'&c-$(&5.%.0,-$7'045&+%&$3)N$O)(N$<(03$1&(-0'$*0$1&(-0'>$)-$4.55$*/&$+&%(&&$*0$4/.2/$.*$3)N$022,1N
*/&$1&(-0'c-$3.'+$L<(&W,&'2NM>$*/&$.'*&'-.*N$0<$*/&$7'045&+%&>$)'+$*/&$2&'*()5.*N$0<$*/&$.'<0(3)*.0'$L.'$*/)*$(&5.%.0,*()+.*.0'>$0($*0$*/)*$.'+.O.+,)5M8U?_VU?hVU?@V
Cd
k'045&+%&
?B
N%G%6%#)%$
UCV /**1:; ; 0]<0(++.2*.0')(.&-8 203; O.&4; &'*(N; 3o&'o,-C?hCFhEb3o&'o,-C?hCFhE
U?V 9*)'5&N$I)O&55>$Kk'04.'%$)'+$A27'045&+%.'%K>$J&$)'V('J(7#'V/7)'V('C7<\'LI)36(.+%&$G'.O&(-.*N$!(&-->$?BB?M>$?FE1?hh8
UFV Q'$!5)*0c-$9/(7()()&$>$902()*&-$)'+$H/&)&*&*,-$+.-2,--$*/(&&$+&<.'.*.0'-$0<$F#-@,(5.(:$7'045&+%&$)-$'0*/.'%$6,*$1&(2&1*.0'>$7'045&+%&$)*(,&$Y,+%3&'*>$)'+>$<.')55N>$7'045&+%&$)-$)$*(,&$Y,+%3&'*$4.*/$)'$)220,'*8$a)2/$0<$*/&-&$+&<.'.*.0'-$.-$-/04'$*0$6&$,'-)*.-<)2*0(N8
UDV /**1:; ; 4448 2&'*&')(N8 &+,; )**)2/3&'*-; 1/.50-01/N; ).S)4); 20,(-&-; &1.-*&3050%N<?BBE; 7.(7/)3CdED8 1+<
U_V R,+4.%$=.**%&'-*&.'>$4#'S(0)7*#)<>$(&3)(7$D?
UhV \0**-2/)57JP)S0,S>$f8$L?BBEM:$KQ'*&('&*$)'+$*/&$<504$0<$7'045&+%&>K$.':$^()2/0O&2>$^8j$!.2/5&(>$A8$L^%8M:$!/.50-01/N$0<$*/&$Q'<0(3)*.0'
902.&*N8$!(02&&+.'%-$0<$*/&$FB8$Q'*&(')*.0')5$R,+4.%$=.**%&'-*&.'$9N310-.,3$k.(2/6&(%$)3$=&2/-&5>$A,-*(.)$?BB@8$m05,3&$?>$#()'7<,(*>
!)(.->$R)'2)-*&(>$f&4$[(,'-4.7:$Z'*0->$98$?C_1?F?8$/**1:; ; 4448 ,'.J-*,**%)(*8 +&; 1/.50; <.5&)+3.'; +02; 1+<; %0**-2/)57;
'%3J.'*&('&*<504J?BBE8 1+<
U@V K9.*,)*&+$k'045&+%&-:$H/&$92.&'2&$e,&-*.0'$.'$#&3.'.-3$)'+$*/&$!(.O.5&%&$0<$!)(*.)5$!&(-1&2*.O&K8$^)()4)N>$"0'')8$A(;*#*$)'C)&5*($'m058
CD>$f08$F8$118$_@_1_dd8$CdEE8
UEV KQ'*(0+,2*.0':$"&O&5013&'*$)'+$*/&$A'*/(01050%N$0<$P0+&('.*NK8$a-206)(>$A(*,(08$L#!-&#)(0*#.'8(:(,-6;(#)U'9/('J7F*#.'7#5']#;7F*#.
-+')/('9/*05'V-0,58
UdV I/)1*&($C8$^)()4)N>$"0'')8$J-5($)^V*)#($$_C(!-#5^J*,,(##*&;>'A(;7,(J7#`'J(()$^4#!-J-&$(a>'A(;*#*$;'7#5'9(!/#-$!*(#!(8$Cdd@8
UCBV K!0-*/,3)'>$A55$H00$^,3)':$H04)(+-$)$f&4$!(02&--$Z'*050%NK8$[().+0**.>$X0-.8$9/(-0<'S&,)&0('m058$?F8$118$Cd@1?BE8$?BBh8
UCCV K9.*,)*&+$k'045&+%&-:$H/&$92.&'2&$e,&-*.0'$.'$#&3.'.-3$)'+$*/&$!(.O.5&%&$0<$!)(*.)5$!&(-1&2*.O&K8$^)()4)N>$"0'')8$A(;*#*$)'C)&5*($'m058
CD>$f08$F8$118$_@_1_dd$CdEE8
UC?V KH/&$9,6Y&2*$)'+$!04&(K8$#0,2),5*>$P.2/&58$S0*)*!7,'b#c&*0<'m05,3&$d>$f08$D8$118$@@@1@d_8$CdE?
UCFV Z]<0(+$a'%5.-/$".2*.0')(N
UCDV /**1:; ; 4448 3&((.)3J4&6-*&(8 203; +.2*.0')(N; -2.&'2&
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
UC_V KUDV$X,5&-$<0($*/&$-*,+N$0<$')*,()5$1/.50-01/NK>$>$<(03$*/&$\&'&()5$92/05.,3>$4/.2/$<05504-$[007$Z>$9/('C<$)(;'-+')/('V-0,58
UChV -2.&'*.<.2$3&*/0+$L/**1:; ; 4448 3J48 203; +.2*.0')(N; -2.&'*.<.2$3&*/0+M>$J(00*7;DV(2$)(0'8*!)*-#70<8
UC@V H/&(&$.-$W,.*&$)$%00+$2)-&$<0($*/.-$&]25,-.O&$-1&2.)5.S)*.0'$,-&+$6N$1/.50-01/&(->$.'$*/)*$.*$)5504-$<0($.'J+&1*/$-*,+N$0<$50%.2J1(02&+,(&-$)'+
0*/&($)6-*()2*.0'-$4/.2/$)(&$'0*$<0,'+$&5-&4/&(&8$^04&O&($*/.-$3)N$5&)+$*0$1(065&3-$4/&'&O&($*/&$*01.2$-1.55-$0O&($.'*0$*/0-&$&]25,+&+
+03).'-0&8%8$4/&'$k)'*$L<05504.'%$f&4*0'M$+.-3.--&+$C67!('7#5'9*;(')-$)].03)*.2)55N$K*()'-2&'+&'*)5K$)'+$K)$1(.0(.K$0$)$25).3$5)*&(
+.-1(0O&+$6N$!.)%&*c-$25.'.2)5$-*,+.&-8$Q*$)5-0$-&&3-$5.7&5N$*/)*$*/&$O&]&+$1(065&3$0<$K*#+*#*)('0(.0($$K$2)'$6&$5)(%&5N$L6,*$'0*$20315&*&5NM
-05O&+$6N$1(01&($)**&'*.0'$*0$/04$,'20'-2.0,-$20'2&1*-$)(&$7!)&7,,<'+&O&501&+>$60*/$+,(.'%$.'<)'*.5&$5&)('.'%$7#5')-$.'/&(.*&+
K1-&,+0J*()'-2&'+&'*)5-K$.'/&(.*&+$<(03$*/&$*(.)5J)'+J&((0($0<$1(&O.0,-$%&'&()*.0'-8$9&&$)5-0$KH)2.*$7'045&+%&K8
$
$
$
$
$
$
T !.)%&*>$g8>$)'+$[8Q'/&5+&($LCd?@$;$CdhdM8$9/('!/*,53$'!-#!(6)*-#'-+')*;(8$X0,*5&+%&$r$k&%)'$!),5:$R0'+0'8
T !.)%&*>$g8>$)'+$[8Q'/&5+&($LCdDE$;$Cd_hM8$9/('!/*,53$'!-#!(6)*-#'-+'$67!(8$X0,*5&+%&$r$k&%)'$!),5:$R0'+0'8
UCEV !011&(>$k8X8$LCd@_M8$KH/&$()*.0')5.*N$0<$-2.&'*.<.2$(&O05,*.0'-Kj$.'$X03$^)((w$L&+8M>$E0-2,(;$'-+'C!*(#)*+*!'1(:-,&)*-#U'C!*(#)*+*!'E0-.0($$
7#5'42$)7!,($')-'E0-.0($$'*#')/('C!*(#!($8$I5)(&'+0'$!(&--:$Z]<0(+8
UCdV /**1:; ; 4448 0'+4&55&8 203; Z9PB?8 1+<
U?BV H/.-$K0,*-.+&$40(5+K$20,5+$.'25,+&$0*/&($-,6-N-*&3-$4.*/.'$*/&$-)3&$0(%)'.-30&8%8$+.<<&(&'*$K3&'*)5$5&O&5-K$20((&-10'+.'%$*0$+.<<&(&'*
!.)%&*.)'$-*)%&-8$9&&$H/&0(N$0<$20%'.*.O&$+&O&5013&'*8
U?CV /**1:; ; 1/.50-01/N6.*&-8 203; ?BB@; C?; 6)((NJ-*(0,+J0'8 /*35
U??V /**1:; ; *005-8 43<5)6-8 0(%; 6.65&O&(-&<.'+&(; i6007n\&'&-.-r O&(-&nF:??r -(2nkgm
U?FV k'045&+%&$"0')*.0'$.-$*/&$1(.3)(N$+0')*.0'$L/**1:; ; O/18 0(%; '&4-; '&4-J(&%.0')5; +&5/.J-&O)M
U?DV /**1:; ; 4448 ,-28 &+,; 0(%; 23Y&; (&5.%.0,-J*&]*-; W,()'; O&(-&-; BB?JW3*8 1/1bBB?8 ?Fd
U?_V m&(6.*>$P8$#8$LCd@BM8$H/&$20310'&'*-$)'+$+.3&'-.0'-$0<$(&5.%.0,-$6&/)O.0(:$H04)(+$)$(&20'2&1*,)5.S)*.0'$0<$(&5.%.0-.*N8$A3&(.2)'$30-).2>
?D>$Fd8
U?hV kxyx72)'>$H8$L?BCBM8$P,5*.+.3&'-.0')5$A11(0)2/$*0$X&5.%.0':$)$4)N$0<$5007.'%$)*$(&5.%.0,-$1/&'03&')8$g0,(')5$<0($*/&$9*,+N$0<$X&5.%.0')'+$Q+&050%.&->$DLCBM>$hB1@B8
U?@V /**1:; ; 4448 &-7.&-&(5&(8 203; +0-N)5)(; 31+<`?BLCCF_M8 1+<
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
k'045&+%&
?C
;@3%6#-9'9*#.$
T k'045&+%&$L/**1:;;1/.51)1&(-80(%;6(04-&;7'045&+%&M$)*$!/.5!)1&(T k'045&+%&$L/**1:;;4448.&18,*38&+,;7'045&+%M$&'*(N$.'$*/&$b#)(0#()'L#!<!,-6(5*7'-+'E/*,-$-6/<
T H/&$m)5,&$0<$k'045&+%&$L/**1:;;15)*08-*)'<0(+8&+,;&'*(.&-;7'045&+%&JO)5,&M$&'*(N$.'$*/&$C)7#+-05
L#!<!,-6(5*7'-+'E/*,-$-6/<
T H/&$A')5N-.-$0<$k'045&+%&$L/**1:;;15)*08-*)'<0(+8&+,;&'*(.&-;7'045&+%&J)')5N-.-M$&'*(N$.'$*/&$C)7#+-05
L#!<!,-6(5*7'-+'E/*,-$-6/<
T k'045&+%&$6N$A2W,).'*)'2&$O-8$"&-2(.1*.0'$L/**1:;;15)*08-*)'<0(+8&+,;&'*(.&-;7'045&+%&J)2W,).'+&-2(.1M
&'*(N$.'$*/&$C)7#+-05'L#!<!,-6(5*7'-+'E/*,-$-6/<
T k'045&+%&$L/**1-:;;.'1/0820%-8.'+.)')8&+,;*)]0'03N;?FdBM$)*$*/&$Q'+.)')$!/.50-01/N$Z'*050%N$!(0Y&2*
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
?&66>*#/
A$F&66*%6>$)5-0$-03&*.3&-$2)55&+$)$)"-9'(6-E%6'0($)"-9'3F6&$3%6>$4))$2/.5+$0($403)'$&3150N&+$6N$)$2055.&($*0$*()'-10(*$*/&$20)5$*/)*$*/&N
/)+$ 3.'&+8$ =03&'$ 40,5+$ '0(3)55N$ %&*$ */&$ 2/.5+(&'$ *0$ /&51$ */&3
6&2),-&$0<$*/&$+.<<.2,5*N$0<$2)((N.'%$*/&$20)58$I0330'$1)(*.2,5)(5N$.'
*/&$&)(5N$Cd*/$2&'*,(N>$*/&$/,((.&($1,55&+$)$20(<$L6)-7&*$0($-3)55$4)%0'M
<,55$ 0<$ 20)5$ )50'%$ (0)+4)N-$ )-$ -3)55$ )-$ Chs.'2/&-$ .'$ /&.%/*8$ H/&N
40,5+$0<*&'$40(7$C?$/0,($-/.<*->$3)7.'%$-&O&()5$(,'-$+04'$*0$*/&$20)5
<)2&$)'+$6)27$*0$*/&$-,(<)2&$)%).'8UCVU?V
A$/,((.&($)'+$*40$*/(,-*&(-$/&)O.'%$)$20(<$<,55$0<
20)5$)-$+&1.2*&+$.'$*/&$CE_F$6007$9/('V/*)(
C,7:($'-+'L#.,7#5'6N$g$I06+&'8
903&$2/.5+(&'$2)3&$<(03$*/&$40(7/0,-&-$)'+$4&(&$)11(&'*.2&+$*0$*/&
2055.&(-8$ A+,5*-$ 20,5+$ '0*$ &)-.5N$ +0$ */&$ Y06$ 6&2),-&$ 0<$ */&$ -.S&$ 0<$ */&
(0)+4)N->$4/.2/$4&(&$5.3.*&+$0'$*/&$%(0,'+-$0<$20-*$)'+$-*(,2*,()5$.'*&%(.*N8$^,((.&(-$4&(&$&W,.11&+$4.*/$)$K%,(5K
6&5*$1$)$5&)*/&($6&5*$4.*/$)$-4.O&5$2/).'$5.'7&+$*0$*/&$20(<8$H/&N$4&(&$)5-0$%.O&'$2)'+5&-$)-$.*$4)-$*00$&]1&'-.O&$*0
5.%/*$*/&$4/05&$3.'&8
N"9%$
I/.5+(&'$)-$N0,'%$)-$*/(&&$0($<0,($4&(&$&3150N&+>$4.*/$60*/$-&]&-$20'*(.6,*.'%$*0$*/&$40(78UFVUDV$ H/&$N0,'%&($0'&0<*&'$40(7&+$.'$-3)55$*&)3->$4.*/$*/0-&$1,-/.'%$*/&$20(<$<(03$*/&$(&)($6&.'%$7'04'$)-$3F6&$3%6$8$H/&$*/(,-*&(-$0<*&'
/)+$*0$1,-/$*/&$20(<$,-.'%$*/&.($/&)+->$5&)+.'%$*0$*/&$/).($0'$*/&.($2(04'$6&.'%$40('$)4)N$)'+$*/&$2/.5+$6&203.'%
6)5+8
903&$ 2/.5+(&'$ 4&(&$ &3150N&+$ )-$ 20)5$36-::%6$>$ 1)(*.2,5)(5N$ */0-&$ '0*$ N&*$ -*(0'%$ &'0,%/$ *0$ 1,55$ 0($ 1,-/$ */&$ 20(<8
H/.-$Y06$-)4$*/&$2/.5+$-.*$.'$)$-3)55$2,**.'%$4).*.'%$<0($*/&$/,((.&(-$*0$)11(0)2/8$H/&N$40,5+$*/&'$01&'$*/&$*()1+00(*0$ )5504$ */&$ /,((.&($ )'+$ /.-$ 2)(%0$ */(0,%/8$ H/&$ *()11&(-$ )5-0$ 01&'&+$ */&$ *()1+00(-$ *0$ 1(0O.+&$ O&'*.5)*.0'$ .'$ -03&
502)*.0'-8U_VUhV
A-$ 3.'&-$ %(&4$ 5)(%&($ */&$ O05,3&$ 0<$ 20)5$ &]*()2*&+$ .'2(&)-&+$ 6&N0'+$ */&$ 1,55.'%$ 2)1)6.5.*.&-$ 0<$ 2/.5+(&'8$ Q'-*&)+
/0(-&-$%,.+&+$6N$)"-9'(6*4%6$'4&(&$,-&+$*0$1,55$*/&$20(O&-8$H/&-&$+(.O&(-$4&(&$,-,)55N$05+&($2/.5+(&'$6&*4&&'$*/&
)%&-$0<$CB$)'+$CD8
^,((N.'%
??
L%/*$9-3*"#
Q'$ A,%,-*$ CED?$ */&$ I/.5+(&'c-$ a3150N3&'*$ I033.--.0'$ +(&4$ ,1$ )'$ )2*$ 0<$ !)(5.)3&'*$ 4/.2/$ %)O&$ )$ 3.'.3,3
40(7.'%$ )%&$ <0($ 60N-$ .'$ 3.'&->$ */0,%/$ */&$ )%&$ O)(.&+$ 6&*4&&'$ +.-*(.2*-$ )'+$ &O&'$ 6&*4&&'$ 3.'&-8$ H/&$ P.'&-$ )'+
I055.&(.&-$A2*$CED?$)5-0$0,*5)4&+$*/&$&3150N3&'*$0<$403&'$)'+$%.(5-$.'$3.'&-8$Q'$CE@B$.*$6&2)3&$2031,5-0(N$<0(
)55$ 2/.5+(&'$ )%&+$ 6&*4&&'$ <.O&$ )'+$ */.(*&&'$ *0$ %0$ *0$ -2/005>$ &'+.'%$ 3,2/$ 0<$ */&$ /,((N.'%8$ Q*$ 4)-$ -*.55$ )$ 20330'
1(0<&--.0'$<0($-2/005$5&)O&(-$4&55$.'*0$*/&$Cd?B-8
H/&$Cdhd$-0'%$9/('9($)*;-#<'4+'E7)*(#!('X(0$/7@U@V$ 6N$#()'7$^.%%.'-$L)5-0$(&20(+&+$6N$H/&$G'*/)'7-M$2&'*(&)(0,'+$ */&$ *&-*.30'N$ 0<$ !)*.&'2&$ k&(-/)4$ 4/&'$ -/&$ -107&$ *0$ */&$ I/.5+(&'c-$ a3150N3&'*
I033.--.0'8UEV=.7.1&+.):!5&)-&$25)(.<N
N%G%6%#)%$
UCV I/)''&5$D8$K$H/&$=0(-*$g06-$.'$^.-*0(N$J$^,((.&($L/**1:; ; 4&68 )(2/.O&8 0(%; 4&6; ?BBEBD?E??D?C_; /**1:; ; 4448 2/)''&5D8 203; /.-*0(N;
3.2(0-.*&-; =; 40(-*Y06-; O.2*0(.)'F8 /*35b?MK8$A22&--&+$<(03$*/&$=)N6)27$P)2/.'&$0'$CF$f0O&36&($?BBd8
U?V ^)5.<)]H0+)N8208,78$K$H/&$f)*,(&$Z<$=0(7$L/**1:; ; 444?8 /)5.<)]*0+)N8 208 ,7; 2)5+&(/&(.*)%&; /)5.<)]40(7.'%20'+.*.0'-8 /*3MK8$A22&--&+
C@$#&6(,)(N$?BB@8
UFV f0(*/$0<$a'%5)'+$Q'-*.*,*&$0<$P.'.'%$)'+$P&2/)'.2)5$a'%.'&&(-8$?BB@8$K$A%&-$)*$4/.2/$2/.5+(&'$)'+$N0,'%$1&(-0'-$)(&$&3150N&+$.'$20)5
3.'&-$L/**1:; ; 4448 3.'.'%.'-*.*,*&8 0(%8 ,7; 1)1&(-; IaIoA%&-8 /*35MK8$A22&--&+$C@$#&6(,)(N$?BB@8
UDV X&O8$H8$P8$a++N8$g,5N$CE_D8$K$=03&'$.'$*/&$[(.*.-/$P.'&-$L/**1:; ; <(&&1)%&-8 %&'&)50%N8 (00*-4&68 203; p-*&'/0,-&; 20)5; 165; H&]*-; 4.638
/*35MK8$A22&--&+$C@$#&6(,)(N$?BB@8
U_V ",(/)3$P.'.'%$P,-&,38$K$P.'.'%$Z22,1)*.0'-$L/**1:; ; 4448 +338 0(%8 ,7; &+,2)*&; 3.'&0228 /*3MK8$A22&--&+$Cd$#&6(,)(N$?BB@8
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
UhV X.5&N>$[.558$!.*40(78'&*8$K$a)(5N$I0)5$P.'.'%$^.-*0(N:$I/.5+$R)60,($L/**1:; ; 4448 +33J1.*40(78 0(%8 ,7; /*35; /.-*0(NC8 /*3b2/.5+MK8
A22&--&+$CF$f0O&36&($?BBd8
U@V /**1:; ; -'.<<8 ',3)2/.8 203; 1)%&-; *.!AHkX9^=8 /*35
UEV /**1:; ; 4448 O.2*0(.)'4&68 0(%; /.-*0(N; )-/5&N8 /*35
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
;@3%6#-9'9*#.$
R007$,1$'&(()*#+,.'$=.7*.0')(N>$*/&$<(&&$+.2*.0')(N8
T K$P.'.'%$.'$*/&$m.2*0(.)'$A%&$L/**1:;;4448443380(%;-*0(.&;-*0(.)8)-1i.+o-*0(.)nCdCr1)%.')nhr
1(0Y&2*nBMK$1$f)*.0')5$I0)5$P.'.'%$P,-&,3$<0($a'%5)'+8
T K$H/&$!.*$.'$!0&3-$L/**1:;;44482033,'.%)*&8208,7;5)'2-;20)53.'.'%.'&)-*5)'2)-/.(&;1)%&F81/*35MK$1$H/.Q-$R)'2)-/.(&8
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
9)'+-$0<$"&-*(,2*.0'
?F
7-#($'"G'A%$36&)3*"#
-.#/$,"0,1%$2(&32*"#
A%4%9":%6X$Y
.3)%&&102/
=&19*$F%6X$Y
9&%)
563*$3X$Y
k,'./.70$H)')7)
R6*3%6X$Y
P)-)*0$k)*0
!",:"$%6X$Y
l)-,'0(.$P.*-,+)
9/,'-,7&$H-,2/.N)
k)S,3.$P.*03&
=9-3G"6,X$Y
f.'*&'+0$"9
N%9%-$%[(-3%X$Y T
UCV
g!$
9&1*&36&($?_>$?BBE
g)',)(N$C?>$?BCB
fA$
T
M%#6%X$Y
X05&J15)N.'%$O.+&0$%)3&
J"(%X$Y
9.'%5&J15)N&(
A*$36*1&3*"#
?J%.%)6.*$2)(*(.+%&
-.#/$, "0, 1%$2(&32*"#, L! # $ % & ' ( ) * + , - . / 0 1 2 3 4 5 / $ Vd0&58($&)-07F&$/-#' eJ*!/*2*F70($/*' b$/*e^&51:Q'-*)55.'%$ g)1)'&-&$ 2/)()2*&($ -&*->$ 5.*8$ K=0(5+$ "&-*(,2*.0':$ \,.+&+
=.55-KM$.-$)$/)'+J/&5+$(05&J15)N.'%$O.+&0$%)3&$+&O&501&+$6N$.3)%&&102/$)'+$1,65.-/&+$6N$9&%)$<0($*/&$f.'*&'+0
"98$Q*$4)-$(&5&)-&+$.'$?BBE8
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
H/&$-*0(N$(&O05O&-$)(0,'+$)$N0,'%$3)'>$kN(.&>$4/0$10--&--&-$*/&$104&($*0$+&-*(0N$*/&$40(5+>$*/0,%/$/&$+0&-$'0*
7'04$4/N8$H/&$<&3)5&$5&)+$.-$P0(*&>$)$3&36&($0<$)$%(0,1$*/)*$.-$*(N.'%$*0$+&-*(0N$*/&$40(5+8
M-,%:9->
H/&$%)3&$15)N-$.'$)$F"$&'O.(0'3&'*$4.*/$)$(0*)*)65&$2)3&()8
H/&$6)**5&$-N-*&3$.-$*,('$6)-&+>$6,*$/)-$*.3.'%$)'+$<.%/*.'%$%)3&$.'<5,&'2&->$)'+$,*.5.S&-$60*/$0<$*/&$"9c-$-2(&&'-8
=9"3
7%33*#/
H/&$%)3&$*)7&-$15)2&$.'$)$<.2*.0')5$40(5+$(,5&+$6N$)'*/(01030(1/.2$6&.'%-$7'04'$)-$#&()5-$L[&)-*-$.'$a'%5.-/$+,6
0<$ )'.3&M8$ ^,3)'-$ 5.O&$ )-$ -5)O&->$ )'+$ )$ %(0,1$ +,66&+$ */&$ K=0(5+$ A''./.5)*.0'$ #(0'*K$ L=0(5+$ "&-*(,2*.0'
I033.**&&$ .'$ a'%5.-/$ +,6$ 0<$ )'.3&M$ .'*&'+-$ *0$ +&-*(0N$ */&$ 40(5+$ .'$ (&6&55.0'8$ H/&N$ )(&$ 0110-&+$ 6N$ */&$ #&()5cK=0(5+$9)5O)*.0'$I033.**&&K8
!F-6-)3%6$
T W>6*%'<99&#*$'L6 7 8 & 9 $ : ( $X*0*('b0&#*$&^&51:Q'-*)55.'%$g)1)'&-&$2/)()2*&($-&*->$W*6*%'.'$*/&$
g)1)'&-&$O&(-.0'$U?VM$.-$*/&$3)5&$1(0*)%0'.-*$0<$*/&$-&(.&->$)$3.5+$N0,'%$3)'$4/0$.-$-7.55&+$4.*/$7'.O&-$)'+$
2007.'%8$^&$10--&--&-$)$3N-*&(.0,-$+&-*(,2*.O&$104&(>$4/.2/$3)7&-$/.3$)$-,6Y&2*$0<$.'*&(&-*$*0$*/&$=0(5+$
"&-*(,2*.0'$I033.**&&;=0(5+$A''./.5)*.0'$#(0'*8$kN(.&$.-$*/&$\(&&7$40(+$<0($cR0(+c8$^&$/)-$)$2(,-/$0'$P0(*&j$
/.-$50O&$<0($/&($.-$/.-$3).'$+(.O&$<0($Y0.'.'%$*/&$#(0'*8$^&$20'<&--&+$*0$P0(*&$*/)*$/&$50O&-$/&($4/&'$f)Y)$7.55-$
/.3>$)'+$*/&$5)**&($(&*,('-$/.-$<&&5.'%-$4/&'$-/&$(&-,((&2*&+$kN(.&$<(03$*/&$+&)+8$H/&$*40$-/)(&$)$7.--$.'$0'&$0<
"
"
"
"
"
"
"
9)'+-$0<$"&-*(,2*.0'
?D
*/&$<.')5$-2&'&-$0<$*/&$%)3&8$Q'$*/&$)'.3&>$/&$.-$)$()*/&($204)(+5N$N0,'%$3)'>$6,*$.-$022)-.0')55N$1,-/&+$*0$6&
6()O&8$^&$&'Y0N-$2007.'%$)'+$/)+$40(7&+$)*$)$502)5$(&-*),()'*$+.-%,.-&+$)-$)$#&()5$6&<0(&$P0(*&$-/04&+$,18$^&$.5)*&($(&O&)5&+$*0$6&$*/&$"&-*(,2*$I0+&$)'+$/)-$&O&($-.'2&$&].-*&+$4/&'$*/&$40(5+$2)3&$*0$6&8$kN(.&c-$104&(
)2*.O)*&-$4/&'$/&$+&*&2*-$-03&0'&$4.*/$)$O&(N$-*(0'%$+&-.(&$*0$+&-*(0N$*/&$40(5+$L.&8$P0(*&M8$9.3.5)($*0$*/&$%)3&>
/&$)5-0$/)-$<&&5.'%-$<0($P0(*&>$6,*$'0*$)-$)11)(&'*$)-$/.-$%)3&$20,'*&(1)(*8$f-*!(5'2<U$P)30(,$P.N)'0
Lg)1)'&-&M>$H0++$^)6&(70('$La'%5.-/M>$aO)'$=00+$La'%5.-/$%)3&M
T J"63%'5$F%6-F'L; $ < & = # , > * $J-0&)('g$/(07^&51:Q'-*)55.'%$g)1)'&-&$2/)()2*&($-&*->$J"63%
D6$F%9-'.'$*/&$)'.3&$)'+$J"6&3%'.'$*/&$g)1)'&-&$O&(-.0'$UFVM$.-$*/&$<&3)5&$1(0*)%0'.-*$4.*/$)$*(0,65&+$1)-*8
P0(*&$4.&5+-$)'$&'0(30,-$65)+&$)-$/&($4&)10'8$9/&$.-$)$3&36&($0<$*/&$=0(5+$"&-*(,2*.0'$I033.**&&;=0(5+
A''./.5)*.0'$#(0'*>$)'+$.-$6&'*$.'$+&-*(0N.'%$*/&$40(5+$<0($*/&$30-*$1)(*$.'$60*/$*/&$%)3&$)'+$)'.3&8$P0(*&$.-$*/&
R)*.'$40(+$<0($c+&)*/c8$A5*/0,%/$P0(*&$0'5N$-&&-$kN(.&$)-$/&($*005$.'$+&-*(0N.'%$*/&$40(5+$)*$*/&$6&%.''.'%>$-/&
(&)5.S&-$/04$.310(*)'*$/&$(&)55N$.-$*0$/&($)<*&($kN(.&c-$)11)(&'*$+&)*/8$G10'$(&2&.O.'%$.'<0(3)*.0'$*/)*$kN(.&
20,5+$6&$(&-,((&2*&+>$-/&$6&2)3&$+&+.2)*&+$.'$6(.'%.'%$/.3$6)27>$)'+$4/&'$-/&$)220315.-/&+$*/&$*)-7>$-/&
(&*,('-$kN(.&c-$<&&5.'%-$*0$/.38$Q'$*/&$)'.3&>$-/&$10--&--&-$)$65)27$-1/&(&$<(03$/&($+&2&)-&+$6(0*/&(>$N%4%
D6$%F9-8$H/&$-1/&(&$.-$*/0,%/*$*0$6&$*/&$"&-*(,2*$I0+&>$)'$)(*.<)2*$*/)*$.-$2)1)65&$0<$+&-*(0N.'%$*/&$40(5+$)'+
(&+,2.'%$&O&(N*/.'%$*0$-)'+>$6,*$.'$<)2*$.*$.-$0'5N$)$3&+.,3$<0($*/&$(&)5$3&30(.&-$0<$*/&$"&-*(,2*$I0+&8$9/&$.%(,<<$)'+$/)(+$*0$+&)5$4.*/$6N$0*/&(->$)'+$)*$3,5*.15&$*.3&->$/)-$*(.&+$*0$1&(-,)+&$kN(.&$)'+$H),1N$*0$5&)O&$/&(8
A5*/0,%/$P0(*&$4)-$*/&$0'&$4/0$1(010-&+$*0$&'+$*/&$40(5+>$-/&$6&%%&+$k(N(.&$*0$-&)5$/.-$104&(-$4/&'$-/&
)2*.O)*&+$/.38$9/&$.-$-/04'$*0$/)O&$-03&$)<<&2*.0'$<0($kN(.&$.'$*/)*$1)(*.2,5)($-2&'&8$f-*!(5'2<U$P))N)
9)7)30*0$Lg)1)'&-&M>$R,2.$I/(.-*.)'$La'%5.-/M>$"&60()/$a5.)S&($La'%5.-/$%)3&M
"
"
"
"
"
"
"
"
T O-&:>'O":9-#'L) ? @ # & ) A * . $9-66['9-6&07#^&51:Q'-*)55.'%$g)1)'&-&$2/)()2*&($-&*->$O"::>
O":9-#'.'$*/&$)'.3&$)'+$.'$*/&$g)1)'&-&$O&(-.0'$UDVM$.-$)$#&()5$60,'*N$/,'*&($(&-&365.'%$)$*&++N$6&)(8$^&$&'+30-*$0<$/.-$-&'*&'2&-$4.*/$K7,3)K$L+ B M$LA5*/0,%/$1(&-&'*$.'$*/&$a'%5.-/$+,6$0<$*/&$)'.3&>$.*$.-$'0*$1(&-&'*$.'
*/&$a'%5.-/$%)3&M>$4/.2/$3&)'-$K6&)(K$.'$g)1)'&-&>$6,*$(&-&'*-$6&.'%$2)55&+$)$6&)($0($)$*&++N$6&)(>$1(&<&((.'%$*/&
30(&$1(01&($K+4)(<$6&)(8K$^&$)2*-$)-$)$3&'*0($*0$kN(.&>$4/0-&$,'.W,&$1&(-0')5.*N$.'*(.%,&-$/.3$&'0,%/$*0$Y0.'
*/&$=0(5+$"&-*(,2*.0'$I033.**&&8$^.-$6&50O&+$P,<<N$.-$)$3,2/$5)(%&($6&)($*/)*$/&$2)55-$.'$<0($/.-$-1&2.)5$)**)27>
6,*$/&$7&&1-$)$*&((.65&$-&2(&*$<(03$/&(8$Q'$*/&$)'.3&>$/&$.-$)$-7.55&+$2036)*)'*8$^.-$%0)5$.-$*0$6&203&$)$/&(0$.'$/.04'$3.'+$&O&'$.<$*/&$(&-*$0<$*/&$40(5+$+0&-'c*$7'04$.*8$G'5.7&$30-*$#&()5->$/&$-&&3-$*0$%&*$)50'%$4.*/$/,3)')'+$Y0.'-$*/&$3).'$1)(*N8$f-*!(5'2<U$Hz(,$#,(,N)$Lg)1)'&-&M>$X06&(*$P2I055,3$La'%5.-/M>$a(.7$[())$La'%5.-/
%)3&M
"
"
"
"
"
"
"
"
"
T NF*P-'A6-/&#%9'L7 & = C % * D E # $ $1*'7D8-07.&#%0&^&51:Q'-*)55.'%$g)1)'&-&$2/)()2*&($-&*->
L*-'A6-/&#%9'.'$*/&$)'.3&$)'+$N*-'.'$*/&$g)1)'&-&$O&(-.0'$U_VM$.-$)$<&3)5&$+()%0'$#&()5$4/0$5007-$N0,'%>$6,*$/))2*,)55N$5.O&+$<0($0O&($FBB$N&)(-8UhV$A-$*/&$5)-*$-,(O.O0($0<$*/&$+()%0'$()2&>$-/&$6&5.&O&-$-/&$3,-*$5.O&$*0$-&&$*/&
&'+$0<$40(5+>$6&2),-&$+()%0'-$3,-*$4.*'&--$*/&$6&%.''.'%$)'+$*/&$&'+8$9/&$4.&5+-$)$1).($0<$/)'+%,'-$)'+$.-$)65&
*0$%(04$4.'%->$*).5>$)'+$/0('-$4/&'$-/&$.-$&'()%&+;.'$6)**5&8$9/&$.-$.'*(.%,&+$6N$kN(.&>$)'+$)-$)$(&-,5*$-/&$+&2.+&*0$Y0.'$*/&$#(0'*8$A55$/&($3)%.2$)'+$)**)27$')3&-$)(&$3,-.2$*/&3&+>$6,*$*/&N$-/04$'0$-.%'-$0<$6&.'%$3,-.2)55N
.'25.'&+8$9/&$/)-$1(&20%'.*.O&$)6.5.*.&->$6,*$*/&$*()+.*.0'-$0<$*/&$"()%0'-$40'c*$)5504$/&($*0$+0$)'N*/.'%$*0$2/)'%&
*/&$<,*,(&$-/&$-&&-8$9/&$+0&-$'0*$6&50'%$*0$*/&$=0(5+$9)5O)*.0'$I033.**&&$)'+$/)-$)$2)53$1&(-0')5.*N$.'$*/&
%)3&8$Q'$*/&$)'.3&>$-/&$/)-$)$O&(N$-/0(*$*&31&($*/)*$.-$0'5N$7&1*$.'$2/&27$6N$/&($(&-1&2*$<0($f)Y)$)-$0110-&+$*0
*/&$%)3&8$9/&$.-$W,.27$*0$,-&$6(,*&$<0(2&$0O&($40(+-$0'$60*/$<&()5-$)'+$/,3)'-8$G'5.7&$*/&$%)3&>$-/&$.-$)
3&36&($0<$*/&$=0(5+$9)5O)*.0'$I033.**&&>$)$%(0,1$4/0-&$%0)5$.-$*0$7&&1$*/&$40(5+$<(03$6&.'%$+&-*(0N&+8$9/&
/)-$-*(0'%$<&&5.'%-$<0($kN(.&$)-$/&$/&51&+$203<0(*$/&($4/&'$-/&$4)-$-)+$CBB$N&)(-$1(.0($*0$*/&$-*)(*$0<$*/&$)'.3&8
m0.2&+$6N:$l,.$Q2/.7)4)$Lg)1)'&-&$%)3&M>$l{$k06)N)-/.$L)'.3&M>$H(.')$f.-/.3,()$La'%5.-/M>$P.2/&55&$g0/'-*0'
La'%5.-/$%)3&M
"
"
"
"
"
"
"
"
"
T C-2-'M6%G'LF G H & D I J $R7O7'Y&0(+&^&51:Q'-*)55.'%$g)1)'&-&$2/)()2*&($-&*->$C-(2-'M6%4'.'$*/&$
)'.3&M$.-$)$/)5<$/,3)'$/)5<$-.5O&(405<$#&()5$4/0$4.&5+-$4.'+$)'+$<.(&$4/&&5-$.'$6)**5&8$A'$.'*&55&2*,)5>$/&$)54)N"
"
"
"
"
"
9)'+-$0<$"&-*(,2*.0'
?_
.'-.-*-$/&$.-$(.%/*>$&O&'$4/&'$/&$25&)(5N$.-'c*8$^&$.-$)5-0$&]*(&3&5N$<0'+$0<$/.-$/,3)'$30*/&(8$f)Y)$.-$)$3&36&($0<
*/&$=0(5+$9)5O)*.0'$I033.**&&>$6,*$<)2&-$20'-.+&()65&$1(&Y,+.2&$)'+$+.-2(.3.')*.0'$6&2),-&$0<$/.-$/)5<J/,3)'
/&(.*)%&8$^&$)5-0$+.-15)N&+$*/&$)6.5.*N$*0$*()'-<0(3$<0($/.-$-1&2.)5$)**)278$Q'$*/&$)'.3&>$/&$.-$'0*$)$<.%/*&($6,*$.%00+$)*$)'*.2.1)*.'%$4/&(&$*/&$=0(5+$"&-*(,2*.0'$I033.**&&$.-$)*8$^&$.-$)5-0$-/04'$*0$6&$3,2/$2)53&($*/)'$/.%)3&$20,'*&(1)(*8$m0.2&+$6N:$^.(0$P.S,-/.3)$Lg)1)'&-&$%)3&M>$").-,7&$Z'0$L)'.3&M>$A'*/0'N$[045.'%
La'%5.-/M>$A44)6$[,7/)(.$La'%5.-/M
T 5/-#'J-6(6&$'L= K . & B # % $ $?.7#'Jd5-0&^&51:Q'-*)55.'%$g)1)'&-&$2/)()2*&($-&*->$5/-#
J-("6&'.'$*/&$)'.3&M$.-$)$2/.5+/00+$<(.&'+$0<$P0(*&$4/0$4.&5+-$)$4/.1$.'$6)**5&8$^&c-$)$3&36&($0<$*/&$9)'+
H(.6&>$)'+$*/&$2/.&<c-$-0'8$^&$,-&+$*0$6&$-&20'+$.'$2033)'+$0<$*/&$\05+&'$R.0'->$)$/,3)'$(&-.-*)'2&$%(0,1
<.%/*.'%$*/&$<&()5->$6,*$)6)'+0'&+$*/&$%(0,1$)<*&($)$3&36&($6&*()N&+$/.38$Q*$4)-$(&O&)5&+$.'$/.-$6)27-*0(N$*/)*$/&
4)-$30*.O)*&+$*0$Y0.'$*/&$\05+&'$R.0'-$6&2),-&$)$#&()5$<(.&'+$<(03$/.-$2/.5+/00+$*(&)*&+$/.3$2(,&55N$4/&'$*/&N
3&*$)-$)+,5*-8$A%)'c-$30*/&($.-$*/&$I/.&<$0<$*/&$9)'+$H(.6&>$)'+$/&$.-$'&]*$.'$5.'&$<0($*/&$(05&$0<$5&)+&(8$^.-$<)*/&(
M-#V-'J-6(&$')--,3&+$*/&$(05&$6&<0(&$/.-$30*/&(8$^.-$-1&2.)5$)**)27$/)-$/.3$2)55$.'$*&'$3&36&(-$0<$*/&$9)'+
H(.6&$*0$-/00*$/.-$&'&3N>$.'+.2)*.'%$*/)*$/&$)5(&)+N$/)-$*/&$(&-1&2*$)'+$06&+.&'2&$0<$-03&$3&36&(-$0<$*/&$9)'+
H(.6&8$Q'$*/&$)'.3&>$/&c-$)$-3,%%5&($4.*/$'0$1(.0($20''&2*.0'$*0$P0(*&>$)'+$20'*.',&-$*0$(,'$.'*0$*/&$=0(5+
"&-*(,2*.0'$I033.**&&$6N$2/)'2&8$f-*!(5'2<U$^.(0N,7.$l0-/.'0$Lg)1)'&-&M>$a(.2$m)5&$La'%5.-/M>$A'+(&$I&%5.0
La'%5.-/$%)3&M
"
"
"
"
"
"
"
A%4%9":,%#3
H/&$+&O&5013&'*$*&)3$0<$*/&$%)3&$2031(.-&+$0O&($<.<*N$1&015&$)'+$.'25,+&-$7&N$+&-.%'&(-$4/0$1(&O.0,-5N$40(7&+
0'$ h(#-.(70$>$ )-$ 4&55$ )-$ <0(3&($ -*)<<$ <(03$ Y07#5*7>$ 807F(#.705' )'+$ L)0*7#' 45<$$(<8$ H/&$ %)3&$ 4)-$ +.(&2*&+$ 6N
kN07.$P.7)%&$0<$.3)%&&102/$)'+$1(0+,2&+$6N$l0.2/.$9/.30-)*0$0<$9&%)8
H/&$-20(&$0<$*/&$%)3&$4)-$20310-&+$6N$l)-,'0(.$P.*-,+)>$9/,'-,7&$H-,2/.N)>$)'+$k)S,3.$P.*03&8$H/&$01&'.'%
*/&3&$ 4)-$ 1&(<0(3&+$ 6N$ */&$ IS&2/$ !/.5/)(30'.28$ A$ 1(030*.0')5$ )56,3$ *.*5&+$ V-0,5' 8($)0&!)*-#' E0(;*&;
C-&#5)07!F'4)-$0<<&(&+$4.*/$1(&J0(+&(-$0<$*/&$%)3&$.'$g)1)'8
H/&$0(.%.')5$-*0(N$+()<*$<0($*/&$%)3&$4(.**&'$6N$P)-)*0$k)*0$4)-$)55&%&+5N$3,2/$+)(7&($.'$*0'&$)'+$30(&$O.05&'*
*/)'$*/&$<.')5$1(0+,2*8$Q'$.*>$/,3)'-$4&(&$<00+$<0($*/&$#&()5->$()*/&($*/)'$3&(&5N$-,6-&(O.&'*>$)'+$*/&(&$4&(&$-&O&()5
-2&'&-$0<$/,3)'$2/)()2*&(-$6&.'%$7.55&+$)'+$&)*&'8$#&)(.'%$)$(&-*(.2*.O&$()*.'%$<(03$g)1)'c-$IaXZ$)'+$4)'*.'%$*0
3)(7&*$ */&$ %)3&$ *0$ N0,'%&($ ),+.&'2&->$ */&$ %)3&c-$ 1(0+,2&(-$ /)+$ */&$ -*0(N$ )5*&(&+$ *0$ )11&)5$ *0$ )$ 3).'-*(&)3
g)1)'&-&$),+.&'2&8$l0.2/.$9/.30-)*0>$*/&$%)3&c-$1(0+,2&($)*$9&%)>$5)*&($&]1(&--&+$.'$)'$.'*&(O.&4$*/)*$4/.5&$/&$<&5*
*/&$+&O&501&(-$/)+$3)+&$*/&$(.%/*$+&2.-.0'$.'$(&%)(+-$*0$3)(7&*.'%$*/&$%)3&$.'$g)1)'>$*/&$0(.%.')5$20'2&1*$40,5+
/)O&$6&&'$K30(&$<,'$)'+$2031&55.'%K8
C"63F'5,%6*)-#'4%6$*"#
A*$*/&$H07N0$\)3&-/04>$XN0&.$P.7)%&>$*/&$1(&-.+&'*$0<$.3)%&&102/$20'<.(3&+$*/)*$/.-$*&)3$.-$40(7.'%$*0$502)5.S&
V-0,5' 8($)0&!)*-#>$ *0$ 6&$ 1,65.-/&+$ 6N$ 9&%)$ G9A8$ A$ '&4;(&4(.**&'$ 3,-.2)5$ -20(&$ 4.55$ 6&$ 2(&)*&+$ 6N$ l)-,'0(.
P.*-,+)>$)'+$*/&$+.<<.2,5*N$3)N$6&$*4&)7&+$<0($*/&$f0(*/$A3&(.2)'$(&5&)-&8$Z'$"&2&36&($CB>$?BBE>$9&%)$0<<.2.)55N
)''0,'2&+$.*-$15)'-$*0$(&5&)-&$*/&$*.*5&$.'$A3&(.2)$,'+&($*/&$*.*5&$KC7#5$'-+'8($)0&!)*-#K8$H/&$%)3&$4)-$(&5&)-&+$0'
g)',)(N$C?>$?BCB8
9)'+-$0<$"&-*(,2*.0'
?h
N%)%:3*"#
A7;*)$&'%)O&$*/&$g)1)'&-&$O&(-.0'$0<$C7#5$'-+'8($)0&!)*-#')$FC$0,*$0<$DB8$H/&$%)3&$-05+$_h>BBB$201.&-$.'$g)1)'$.'
.*-$+&6,*$4&&78$R*#)(#5-'E-@(0'%)O&$*/&$%)3&$)$@8B$0,*$0<$CB>$1().-.'%$*/&$%)3&c-$6)**5&$-N-*&3$)'+$+,'%&0'$+&-.%'
6,*$2(.*.2.S.'%$*/&$-*0(N$)'+$2/)()2*&(-$)-$6&.'%$%&'&(.28$X!\R)'+$%)O&$.*$)'$0O&()55$()*.'%$0<$K\00+>K$1().-.'%$*/&
2/)()2*&($+&O&5013&'*$4/.5&$6&.'%$2(.*.2)5$0<$*04'$&]150()*.0'$)'+$504$(&15)N$O)5,&>$,5*.3)*&5N$20'25,+.'%>$K9)'+0<$"&-*(,2*.0'$&'+-$,1$6&.'%$%00+>$6,*$'0*$%(&)*8K$X!\)3&($)5-0$()'7&+$.*$K\00+K$4.*/$)$-20(&$0<$F8_;_>$-)N.'%$*/)*
.*-$ W,)5.*N$ -*0(N$ )'+$ 1(&-&'*)*.0'$ 4&(&$ /&5+$ 6)27$ 6N$ &'&3.&-$ K)6,-.'%K$ */&$ 6)**5&$ -N-*&38$ H/&$ (&O.&4$ 20'25,+&->
KG'<0(*,')*&5N>$.*-$3)'N$.((.*)*.0'-$.'$2036)*$2),-&$*/&$%)3&$*0$<)55$-/0(*$0<$*/&$50<*N$-*)*,-$.*$4)'*&+$*0$)2/.&O&8K
A%6*4%(':6"(&)3$
4"(5/,1%$2(&32*"#
! # $ % & ' ( ) * + , - .
"
"
"
"
"
"
"
"
"
M%#6%
"
"
"
A+O&'*,(&
5#*,%'3%9%4*$*"#'$%6*%$
4"(5/,1%$2(&32*"#6,-%7.*,8"7&9%2$&,#",:"7&#*#
A*6%)3%([1>
9/,'-,7&$H)+)
J&$*)[1>
l0-/./.(0$Q7&
73&(*"
!(0+,2*.0'$Q8\
L*)%#$%([1>
fA
#,'.3)*.0'$a'*&(*).'3&'*
C%3E"6.
Hm$H07N0
06*/*#-9'6&#
g,5N$@>$?BBE$1$9&1*&36&($FB>$?BBE
;:*$"(%$
CF
J-#/4"(5/,1%$2(&32*"#6,;&2.(*,#",<%#$'*
R6*33%#[1>
P,()0$P.'0(,
=&19*$F%([1>
A9IQQ$P&+.)$=0(7-
A%,"/6-:F*)
C(*#(#
J-/-V*#%
8(#.(F*'J7-/
06*/*#-9'6&#
g,5N$?h>$?BBE$1$0'%0.'%
5#*,%
9&&$)5-0:$R.-*$0<$9)'+-$0<$"&-*(,2*.0'$&1.-0+&A'$)'.3&$)+)1*)*.0'>$)5-0$*.*5&+$C7#5$'-+'8($)0&!)*-#'L7'04'$.'$g)1)'$)-$V-0,5'8($)0&!)*-#U'C(F7*'Q-F&;()$&'#-'
1-F&#*#'L! # $ % & ' ( ) * + , - . / L M N O P Q R / $Vd0&5-'8($&)-07F&$/-#'
eC(F7*'Q-F&;()$&'#-'1-F&#*#e^&51:Q'-*)55.'%$g)1)'&-&$2/)()2*&($-&*->$5.*8$K=0(5+$"&-*(,2*.0':$H/&$9.]$!&015&$H/)*$
=.55$"&-*(0N$*/&$=0(5+KMM$4)-$1(0+,2&+$6N$!(0+,2*.0'$Q8\$)'+$+.(&2*&+$6N$9/,'-,7&$H)+)8$Q*$6&%)'$6(0)+2)-*.'%$0'$
Hm$H07N0$0'$g,5N$@>$?BBE$)'+$&'+&+$0'$9&1*&36&($FB>$?BBE>$-1)4'.'%$CF$&1.-0+&-8$Q*$<&)*,(&-$)'$01&'.'%$*/&3&$
*.*5&+$KqaX|K$)'+$-,'%$6N$AAA>$)'+$)'$&'+.'%$*/&3&$*.*5&+$Kk)S&$'0$k.07,:$H0$*/&$a'+$0<$*/&$=0(5+K$LS P T
U *0$ */&$ &'+$ 0<$ */&$ 40(5+ ^&51:Q'-*)55.'%$ g)1)'&-&$ 2/)()2*&($ -&*->$ 5.*8$ KP&30(N$ 0<$ =.'+$ *0$ */&$ &'+$ 0<$ */&$
40(5+ KM$ -,'%$ 6N$ A.33N8$ H/&$ -&(.&-$ <&)*,(&-$ 0'5N$ )$ -.'%5&$ -&)-0'$ 0<$ CF$ &1.-0+&-8$ Q*$ 4)-$ 5.2&'-&+$ 6N$#,'.3)*.0'
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
9)'+-$0<$"&-*(,2*.0'
?@
a'*&(*).'3&'*$<0($)$f0(*/$A3&(.2)'$(&5&)-&>$)'+$*/&$"m"$-&*$4)-$(&5&)-&+$.'$?BCB8
J-#/A$3)'%)$)+)1*)*.0'$&'*.*5&+$V-0,5'8($)0&!)*-#U'A&)70*'#-'9(#$/*'L! # $ % & ' ( ) * + , - .
/ V W X P Y Z / $Vd0&5-'8($&)-07F&$/-#'eA&)70*'#-'9(#$/*e^&51:Q'-*)55.'%$g)1)'&-&$2/)()2*&($-&*->$5.*8
K=0(5+$"&-*(,2*.0':$H/&$H40$A'%&5-KM>$6&%)'$-&(.)5.S)*.0'$.'$g,5N$?BBE$.'$*/&$g)1)'&-&$-&.'&'$3)%)S.'&$8(#.(F*
J7-/8U@V
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
N%G%6%#)%$
UCV =0(5+$"&-*(,2*.0'$J! # $ % & ' ( ) * + , - . J$L/**1:; ; 4+8 -&%)8 Y1; %)3&; .'+&]8 /*35M
U?V /**1:; ; 4448 *OJ*07N08 208 Y1; 20'*&'*-; 40(5+J+; 2/)(); .'+&]8 /*35
UFV /**1:; ; 4448 *OJ*07N08 208 Y1; 20'*&'*-; 40(5+J+; 2/)(); .'+&]8 /*35
UDV /**1:; ; 4448 *OJ*07N08 208 Y1; 20'*&'*-; 40(5+J+; 2/)(); .'+&]8 /*35
U_V /**1:; ; 4448 *OJ*07N08 208 Y1; 20'*&'*-; 40(5+J+; 2/)(); .'+&]8 /*35
UhV 9)'+-$0<$"&-*(,2*.0'$)'.3&$&1.-0+&$CC
"
"
"
"
"
"
"
"
"
"
"
$
"
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
U@V [ ! # $ % & ' ( ) * + , - . / V W X P Y Z / \ ] C^ _ ` a b $L/**1:; ; 3)0/8 +&'%&7.8 203; *(N;
40(5+; BC8 /*35M
"
"
"
$
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
"
$
"
$
$
$
$
$
;@3%6#-9'9*#.$
T Z<<.2.)5$V-0,5'8($)0&!)*-#'4&6-.*&$L/**1:;;4+8-&%)8Y1;M$XU-:-#%$%Y
T Hm$H07N0c-$4&6-.*&$<0($*/&$V-0,5'8($)0&!)*-#')'.3&$L/**1:;;4448*OJ*07N08208Y1;)'.3&;40(5+J+;M$XU-:-#%$%Y
T C7#5$'-+'8($)0&!)*-#$L/**1:;;4448)'.3&'&4-'&*40(78203;&'2N2501&+.);)'.3&81/1i.+nCBBC?M$L)'.3&M$)*
A'.3&$f&4-$f&*40(7c-$&'2N2501&+.)
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
BBBJ%-#EF*9%
===>%.#?'*5%
73&(*"'-91&,'1>'\]))
N%9%-$%(
Cdd?
N%)"6(%(
CddB1CddC
M%#6%
X027
L%#/3F
_C:?_
L-1%9
!05N+0(
=6"(&)%6
\)(N$k)*S>$CB22
\]))')F6"#"9"/>
S/7#.*#.'A7!($'D'9/('f(0<'Q($)'-+'ij!!'7#5'Y-5,(<'k
S0(;(
LCdE@M
7*#/9%$'G6",'===>%.#?'*5%
===>%.#?'*5%
LCdd?M
J*00-0
J*00-0
LCdd_M
$
888P&)'4/.5&
?E
C8 K=03)'$.'$R0O&K
X&5&)-&+:$A1(.5$Cdd?
?8 K=&5203&$*0$1)()+.-&K
X&5&)-&+:$g,'&$Cdd?
F8 KK
X&5&)-&+:
=6"G%$$*"#-9'6-3*#/$
N%4*%E'$)"6%$
7"&6)%
N-3*#/
A553,-.2
$ $ $ $ $5.'7$
UCV
===>%.#?'*5%, .-$ */&$ *&'*/$ -*,+.0$ )56,3$ 6N$ [(.*.-/$ 101$ 6)'+$ CB228$ Q*$ 4)-$ (&20(+&+$ )*$ [&)(-O.55&$ 9*,+.0-$ .'
=00+-*027>$ f&4$ l0(7>$ H/&$ ^.*$ #)2*0(N>$ f&4$ l0(7>$ X.O&($ 90,'+$ 9*,+.0->$ f&4$ l0(7>$ [.55$ 92/'&&$ 9*,+.0>$ R0A'%&5&-$)'+$m.55)%&$X&20(+&(->$R0-$A'%&5&-$)'+$(&5&)-&+$.'$Cdd?8
H/&$)56,3$4)-$*/&$6)'+c-$<.(-*$.'$'.'&$N&)(-$)'+$3)(7&+$*/&$6(.&<$203&6)27$0<$0(.%.')5$CB22$3&36&(-$k&O.'$\0+5&N
)'+$R05$I(&3&:$\0+5&N$1&(<0(3&+$5&)+$O02)5-$0'$KH/&$9*)(-$".+'c*$9/04K$)'+$6)27.'%$O02)5-$0'$*40$-0'%->$4/.5&
I(&3&$-,115.&+$6)27.'%$O02)5-$0'$-.]$-0'%-8$Q*$)5-0$<&)*,(&+$)11&)()'2&-$6N$-.'%&($A'+(&4$\05+>$65,&-$1.)'.-*$"(8
g0/'$)'+$)220315.-/&+$-&--.0'$3,-.2.)'-$.'25,+.'%$P.2/)&5$R)'+),$)'+$g&<<$!0(2)(0>$4/0$4&(&$/.(&+$6N$k)*S8
H/&$)56,3c-$250-.'%$-0'%>$K"0'c*$[(&)7$*/&$!(03.-&-K>$4)-$20J4(.**&'$4.*/$!),5$P2I)(*'&N8
H-)./6"&#('3"'6%)"6(*#/
Q'$)$Cdd?$()+.0$.'*&(O.&4$\()/)3$\0,5+3)'$(&O&)5&+$*/&$6)27%(0,'+$*0$*/&.($(&,'.0':$KA$20,15&$0<$N&)(-$)%0>$)'
)56,3$2)3&$0,*$2)55&+$S/7#.*#.'A7!($'D'9/('f(0<'Q($)'-+'ij!!'7#5'Y-5,(<'k'S0(;(8$H/)*$+.+$(&)55N$4&55$)'+$4&
)55$ 3&*$ ,1$ )%).'$ <0($ )$ 5,'2/8$ Q*$ 4)-$ *0$ 6&$ 1(&-&'*&+$ 4.*/$ */&-&$ <)6,50,-$ 15)*.',3$ +.-2-8$ A5-0$ (0,'+$ */)*$ *.3&$ 0,(
(&20(+$ 2031)'N$ 3)+&$ ,-$ )$ O&(N$ '.2&$ 0<<&($ */)*$ 4&$ 20,5+'c*$ (&)55N$ (&<,-&>$ )'+$ */&$ <)2*$ */)*$ 4&c+$ )55$ 203&$ *0%&*/&(
)%).'$888$4&c+$-0(*$0<$(&-.-*&+$40(7.'%$*0%&*/&($)%).'$)'+$.*$-&&3&+$5.7&$)$'.2&$*/.'%$*0$+08K
[,*$<.O&$N&)(-$5)*&($/&$&]1(&--&+$-03&$+.-)110.'*3&'*$4.*/$*/&$<.'.-/&+$1(0+,2*8$^&$-).+$*/&N$/)+$&'*&(&+$*/&$-*,+.0
4.*/$ )$ -*0271.5&$ 0<$ ??$ -0'%-8$ K=&$ /)+$ -03&$ %00+$ -0'%->K$ /&$ -).+>$ K-0$ 4&$ <&5*$ 20'<.+&'*$ */)*$ 4&$ 20,5+$ -*.55$ +0$ .*8
!05N+0($4&(&$15&)-&+$4.*/$*/&$+&30->$)'+$-0$4&$+.+$*/&$)56,38$[,*$*/&'$4&$%0*$*0$*/&$-*,+.0>$)'+$4&$/)+$1(065&34.*/$0,($1(0+,2&(8$H/&(&$4)-',*$)54)N-$/)(30'N$)'+$Q$*/.'7$.*$2(&)*&+$.*$)$O&(N$0'&$+.3&'-.0')5$)56,38$Q*,-$)5-0$%0*
*/.-$+)(7'&--$*0$.*$*/)*$Q$+0',*$5.7&8$903&$0<$*/&$-0'%->$1)(*.2,5)(5N$c=&5203&$*0$!)()+.-&c>$4/.2/$4&(&$6(.55.)'*$4/&'
N0,$/&)($*/&$+&30->$+.+',*$*()'-5)*&$.'*0$*/&$-*,+.08KU?V
^&$ *05+$ Y-,5;*#(' 3)%)S.'&$ /&$ */0,%/*$ !05N+0($ 3.%/*$ /)O&$ 2/0-&'$ k)*S$ 6&2),-&$ 0<$ /.-$ -*(0'%$ )--02.)*.0'$ 4.*/
9*&&5N$")'>$)$6)'+$4.*/$4/03$CB22$4&(&$0<*&'$2031)(&+8$KZ,($(&20(+$2031)'N$4)'*&+$)'$A3&(.2)'$1(0+,2&(>$*/&N
*/0,%/*$.*$40,5+$/&51$6(&)7$*/&$A3&(.2)'$3)(7&*>$)'+$0'2&$N0,$-*)(*$*0$<05504$*/.'%-$5.7&$*/)*>$.*,-$*/&$-5.11&(N$-501&8
H/)*$)'+$0*/&($*/.'%-$2036.'&+$*0$3)7&$)'$)56,3$4/.2/$20,5+$/)O&$6&&'$)$50*$6&**&(8$H/&(&$4&(&$*40$*/.'%-$*/)*
4&(&$4(0'%$<0($3&>$Q$+.+',*$5.7&$/.-$.+&)$0<$6(.'%.'%$.'$-&--.0'$3&'j$*/&N$4&(&',*$0,($15)N&(->$*/&N$4&(&',*$0,($6)'+8
g&<<$!0(2)(0$4)-$0'&$0<$*/&$<.'&-*$+(,33&(-$.'$*/&$,'.O&(-&>$#(&++.&$=)-/.'%*0'$*/&$<.'&-*$6)--$15)N&(8$[,*$)'N0'&
20,5+$/)O&$*/&3$)'+$Q$4)-$)%).'-*$*/.-8$\)(N$4)'*&+$*0$,-&$/.-$1&015&>$*/0,%/8$^&,+$)54)N-$,-&+$*/&3>$/&$4)-$O&(N
-&2,(&$4.*/$*/&38K
a(.2$9*&4)(*>$)5-0$&]1(&--&+$-03&$(&%(&*-$0O&($*/&$)56,38$KQ$50O&$*/&$J(7#@/*,('*()27->$6,*$4.-/$4&$/)+'c*$%0'&$*0
\)(N$ k)*S$ <0($ 1(0+,2*.0'8$ A*$ */&$ *.3&$ .*$ 4)-$ */0,%/*$ 6N$ !05N%50*$ */)*$ 4&$ '&&+&+$ c'&4$ 6500+c$ *0$ 1(0+,2&$ ,-$ .'$ )
+.<<&(&'*$ 4)N8$ Q$ (&)55N$ &'Y0N&+$ 40(7.'%$ 4.*/$ 0*/&($ 3,-.2.)'-$ */0,%/>$ &-1&2.)55N$ g&<<$ !0(2)(0$ 0'$ */&$ +(,3->$ 6,*$ .'
(&*(0-1&2*$*/&$1(0+,2*.0'$3&--$4&$%0*$.'*0$5&)O&-$)$6)+$*)-*&$.'$3N$30,*/8K
888P&)'4/.5&
?d
H/&$)56,3$&'+&+$,1$20-*.'%$}@_B>BBB$*0$3)7&>$*/)'7-$*0$&]*()$1(0+,2*.0'$<(03$a(.2>$)'+$&]*()$3.].'%$<(03$X06.'
[)(25)N8$[N$*/&$*.3&$*/&$)56,3$4)-$20315&*&+$)'+$(&)+N$*0$(&5&)-&$*/&(&$/)+$6&&'$2/)'%&-$)*$!05N+0($)'+$*/&$'&4
(&%.3&$+.+'c*$6&5.&O&$.*$40,5+$6&$)$/.*>$)'+$-1&'*$O&(N$5.**5&$*0$1(030*&$.*s1$K!05N+0($-1&'*$}@_B>BBB$*0$3)7&$.*$)'+
}@>_BB$*0$1(030*&$.*K$L\()/)3$\0,5+3)'$.'$)$/0-1.*)5$()+.0$.'*&(O.&4$.'$CddFM8$H/&$)56,3$')((045N$3.--&+$*/&$H01
@_$)56,3$2/)(*$.'$*/&$Gk$L*/0,%/$.*$3)+&$f08hh$.'$*/&$f&*40(7$2/)(*s1$)'$)5*&(')*.O&$*0$*/&$0<<.2.)5$2/)(*M8$H/&$<.(-*
-.'%5&$K=03)'$.'$50O&K$4)-$(&5&)-&+$0'$2+>$2)--&**&$-.'%5&$)'+$O.'N5>$6)27&+$4.*/$*/&$'0'J)56,3$*()27$KP)'$4.*/$)
3.--.0'K8$H/&$-.'%5&$.'25,+&+$*/&$)56,3$O&(-.0'$0<$*/&$*()27$()*/&($*/)'$*/&$-.'%5&$&+.*$*/)*$4)-$.--,&+$*0$()+.0s1$)'+
4)-$ <.')55N$ 3)+&$ 2033&(2.)55N$ )O).5)65&$ 0'$ */&$ ?BBE$ (&J.--,&$ 0<$ */&$ )56,38$ H/&$ -&20'+$ -.'%5&$ K=&5203&$ *0
!)()+.-&K>$)$<)O0,(.*&$0<$60*/$a(.2$)'+$\()/)3c-$<05504&+>$)O).5)65&$0'$O.'N5$)'+$2+$-.'%5&8$A$2)*)50%,&$',36&($4)3)+&$)O).5)65&$<0($)$2)--&**&$-.'%5&$6,*$*/.-$4)-$'&O&($.--,&+$8$H/&$-.'%5&$)5-0$.'25,+&+$*/&$)56,3$O&(-.0'$0<$*/&$*.*5&
*()27>$4.*/$?$<,(*/&($'0'J)56,3$*()27-s1$K"0'c*K$)'+$KR0-*$.'$50O&K>$*/&$<0(3&($6&.'%$*/&$0'5N$*()27$4.*/$5&)+$O02)5<(03$\()/)38$H/&$-.'%5&>$<).5&+$*0$2/)(*$)'+$-)'7$4.*/0,*$)$*()2&8$Q'$)$3)%)S.'&$.'*&(O.&4$4.*/$a(.2$-*)*&+$*/)*$*/&(&
4&(&$ D$ 0($ _$ -.'%5&-$ 0'$ >>>J(7#@/*,(8$ \()/)3$ \0,5+3)'$ 4)-$ .'*&(O.&4&+$ 6N$ P)(7$ =)(+5&$ 0'$ H)(7)$ X)+.0s1$ )
/0-1.*)5$()+.0$-*)*.0's1$.'$CddF$)'+$)-7&+$/.3$4/)*$0*/&($-0'%-$/)+$6&&'$-&5&2*&+$<0($-.'%5&-8$^&$(&15.&+$*/)*$K"0'c*
6(&)7$*/&$1(03.-&-K$40,5+$/)O&$6&&'$*/&$*/.(+$-.'%5&>$)'+$*/&'$KH/&$-*)(-$+.+'c*$-/04K$)'+$K=0'+&(5)'+K$)-$<0,(*/
)'+$<.<*/$10--.65&$-.'%5&-8$",&$*0$*/&$5)27$0<$-,22&--$0'$*/&$<.(-*$*40$-.'%5&->$*/&-&$4&(&$2)'2&55&+8$R)*&($*/)*$N&)(>
!05N+0(>$4/0$*/&$6)'+$/)+$-.%'&+$)$<.O&$)56,3$+&)5$4.*/>$+.+'c*$*)7&$,1$*/&.($01*.0'$)'+$+(011&+$*/&$6)'+8
Q'$ )$ ?BBh$ .'*&(O.&4$ k&O.'$ \0+5&N$ (&2)55&+$ */&$ *&'-.0'$ .'$ */&$ -*,+.0$ )-$ /&$ /&51&+$ (&20(+$ .*8$ ^&$ -).+:$ KQ$ 4)-',*
.'O05O&+$4.*/$*/&$3)7.'%$0<$*/.-$)56,3$)*$)55$-0$Q$7'04$O&(N$5.**5&$)60,*$/04$.*$4)-$1,*$*0%&*/&(8$Q$4)-$-.315N$)-7&+
*0$ -.'%$ 5&)+$ O02)5$ 0'$ 0'&$ -0'%$ )'+$ 4)-$ <504'$ *0$ f&4$ l0(7$ *0$ (&20(+$ .*8$ H/&$ */(&&$ 0<$ ,-$ /)+$ )$ 50O&5N$ (&,'.0'
6(&)7<)-*$0'$+)N$0'&8$A-$Q$(&2)55$)55$*/&$6)-.2$*()27-$/)+$)5(&)+N$6&&'$(&20(+&+$-0$.*$4)-$3N-&5<>$\()/)3>$a(.2$)'+
1(0+,2&($\)(N$k)*S$<0($*40$O02)5$/&)ON$+)N-8
KQ$+0$(&2)55$)$-*()'%&$)*30-1/&(&$.'$*/&$-*,+.08$A'$.'*)'%.65&$)474)(+'&--8$aO&(N*/.'%$-0,'+&+$c%(&)*c>$&O&(N0'&$%0*
0'$c%(&)*c>$6,*$*/&(&$4)-$)'$&--&'*.)5$.'%(&+.&'*$3.--.'%8$Q$)5-0$-&'-&+$\$)'+$a$%(04.'%$)1)(*8$\)(N$k)*S$4)-$)2*.'%
)-$)$105.*.2)5$)-$4&55$)-$2(&)*.O&$6,<<&($7&&1.'%$1&(-0')5.*.&-$)-$4&55$)-$3,-.2$0'$20,(-&8$Q,O&$'&O&($)2*,)55N$/&)(+$*/&
20315&*&$)56,3>$)5*/0,%/$Q$+.+$&'Y0N$-.'%.'%$KH/&$9*)(-$".+',*$9/048KUFV
H/&$)56,3c-$5.'&($'0*&-$.'25,+&+$*/&$5.'&:$KQ'$3&30(N$0<$^N3&$KH/&$X/N3&K$\0,5+3)'$LCdBE1CddCMK8$\0,5+3)'>
)'$)3)*&,($15)N4(.%/*>$4)-$*/&$<)*/&($0<$\()/)3$\0,5+3)'8
H/&$20O&($1/0*0%()1/N$4)-$-,115.&+$6N$*/&$!(&<&2*,(&$+&$!05.2&>$!)(.-8
O6-).'9*$3*#/
A55$-0'%-$4(.**&'$)'+$20310-&+$6N$a(.2$9*&4)(*$)'+$\()/)3$\0,5+3)'>$&]2&1*$4/&(&$'0*&+8
C"B O*39%
L%#/3F
C8 K=03)'$.'$R0O&K
h:CC
?8 K=0'+&(5)'+K
D:_F
F8 K#.55$^&($G1K
D:BE
D8 K903&*/.'%$91&2.)5K
F:?F
_8 K=&5203&$*0$!)()+.-&K
h:CD
h8 KH/&$9*)(-$".+'c*$9/04K
D:_C
@8 K\(&&'$aN&+$P0'-*&(K
D:DD
E8 KI/)(.*N$[&%.'-$)*$^03&K
D:__
d8 K9/.'&$)$R.%/*$.'$*/&$")(7K
_:D?
CB8 K"0'c*$[(&)7$*/&$!(03.-&-K$L9*&4)(*>$!),5$P2I)(*'&N>$\0,5+3)'M
h:??
888P&)'4/.5&
FB
=%6$"##%9
CB22
T
T
T
T
a(.2$9*&4)(*$0$O02)5->$%,.*)(->$X/0+&-$1.)'0>$%()'+$1.)'0>$-5.+&$%,.*)(>$-*(.'%\()/)3$\0,5+3)'$0$%,.*)(->$O02)5R05$I(&3&$0$6)27.'%$O02)5k&O.'$\0+5&N$0$5&)+$O02)5-$LKH/&$9*)(-$".+'c*$9/04KM>$6)27.'%$O02)5-
4.*/
T
T
T
T
T
T
T
T
T
T
T
T
T
T
T
T
g&<<$!0(2)(0$0$+(,3->$1&(2,--.0'
#(&++.&$=)-/.'%*0'$0$_$-*(.'%$6)--$%,.*)(
P.2/)&5$R)'+),$0$%,.*)(")O.+$!).2/$0$^)330'+$[F$0(%)'>$3&50+N$-N'*/
P)2$X&6&')27$L"($g0/'M$0$%()'+$1.)'0$LK#.55$^&($G1K>$K903&*/.'%$91&2.)5K>$KI/)(.*N$[&%.'-$)*$^03&KM
!),5$\(.<<.'$0$-N'*/[)-/.(.$g0/'-0'$0$1&(2,--.0'>$*)360,(.'&
#()'7$#50N+>$#0'S.$H/0('*0'>$I,(*.-$k.'%>$H)4)*/)$A%&&>$m)'&&-&$H/03)-$0$6)27.'%$O02)5g&((N$^&N$0$/0('$)(()'%&3&'*>$*(,31&*
\)(N$\()'*$1$*(,31&*
")'$^.%%.'-$0$-)]01/0'&
k.3$^,*2/2(0<*&'$0$-)]01/0'&
[.55$X&.2/&'6)2/$g(8$0$*(0360'&
\0(+0'$\).'&-$0$5&)+$%,.*)(
A'+(&4$\05+$0$C?$-*(.'%$%,.*)($LKI/)(.*N$[&%.'-$)*$^03&KM
!),5$P2I)(*'&N$J$^~<'&($[)--$LK"0'c*$[(&)7$*/&$!(03.-&-KM
N%G%6%#)%$
UCV /**1:; ; 4448 )553,-.28 203; )56,3; (?C@FCF
U?V KCB22:$A$!,(&$Q'Y&2*.0'$Z<$!01K$6N$")O&$H/031-0'>$\05+3.'&$3)%)S.'&>$CC$A1(.5$Cdd@8$L/**1:; ; 4448 */&CB22<)'25,68 203; /*3;
.'Y&2*.0'BCC8 /*3M
UFV k&O.'$\0+5&N$.'*&(O.&4$)*$P,S.7(&O.&4-8203$L/**1:; ; 4448 3,S.7(&O.&4-8 203; 7&O.'%0+5&N8 1/1M
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
R.-*$0<$+&-*(0N&+$5.6()(.&-
FC
L*$3'"G'(%$36">%('9*16-6*%$
R.6()(.&-$ /)O&$ 6&&'$ +&5.6&()*&5N$ 0(
)22.+&'*)55N$ +&-*(0N&+$ 0($ 6)+5N$ +)3)%&+8
903&*.3&-$ )$ 5.6()(N$ .-$ 1,(10-&5N$ +&-*(0N&+
)-$
)$
<0(3$
0<$
2,5*,()5
25&)'-.'%8=.7.1&+.):I.*)*.0'$ '&&+&+$ H/&(&
)(&$ &])315&-$ 0<$ )22.+&'*)55N$ +&-*(0N&+
5.6()(.&-$6N$/,3)'$)2*.0'-8$Z*/&($*.3&-$*/&N
)(&$ +)3)%&+$ 6N$ ')*,()5$ +.-)-*&(-$ 5.7&
&)(*/W,)7&->$<500+-$0($)22.+&'*)5$<.(&-8
R.6()(N$ <.(&-$ /)O&$ /)11&'&+$ -10()+.2)55N
*/(0,%/$ */&$ 2&'*,(.&-:$ '0*)65&$ &])315&-$ )(&
*/&$+&-*(,2*.0'$0<$*/&$R.6()(N$0<$A5&])'+(.)
)'+$ */&$ )22.+&'*)5$ 6,('.'%$ 0<$ */&$ ",2/&-A'')$ A3)5.)$ R.6()(N$ .'$ =&.3)(8$ I),-&O)(N$<(03$)(-0'$*0$*/&$-,'c-$()N-$-&**.'%$<.(&
*0$ 5&)<5&*-$ */(0,%/$ */&$ )2*.0'$ 0<$ )
3)%'.<N.'%$5&'-$.'$)$5.6()(N$.'$f0(*/)3>$"&O0'8
[.(3.'%/)3$I&'*()5$R.6()(N$+&-*(0N&+$6N$<.(&
!-&$%$'-#(':6%4%#3*"#
Q'$&)(5.&($*.3&-$3.5+&4$4)-$20'-.+&(&+$)$3)Y0($1(065&3$.'$)$50*$0<$5.6()(.&-$)'+$-0$*/&$&31/)-.-$0'$5.6()(N$+&-.%'
4)-$*0$.'2(&)-&$).($<504$6N>$<0($&])315&>$5&)O.'%$01&'.'%-$,'+&($*/&$-/&5O&-$.'$)+Y0.'.'%$<500(-8$Q'$)$<.(&$*/&$<5)3&4.55$6&$+()4'$<500($*0$<500($6N$*/&$).($<504$*/,-$&'-,(.'%$*/&$(&5)*.O&5N$&)-N$+&-*(,2*.0'$0<$)$4/05&$5.6()(N$()*/&($*/)'
)$-3)55$-&2*.0'8
A+O)'2&-$.'$*&2/'050%N$/)O&$(&+,2&+$*/&$10--.6.5.*N$0<$)$5.6()(N$2055&2*.0'$6&.'%$+&-*(0N&+$6N$<.(&8$H/&-&$.'25,+&
4)*&($-1(.'75&(->$<.(&$+00(->$<(&&S&(->$)5)(3->$-307&$+&*&2*0(->$-,11(&--.0'$-N-*&3->$)'+$&3&(%&'2N$%&'&()*0(-8$Z5+&(
5.6()(.&-$)(&$,-,)55N$20'O&(*&+$6N$250-.'%$,1$).($<504$01&'.'%-$)'+$.'-*)55.'%$<.(&$+00(->$)5)(3-$)'+$-1(.'75&(-8$A.(
20'+.*.0'.'%$(&+,2&-$*/&$305+$1(065&3-8$H/&-&$)(&$)55$&--&'*.)5$1)(*-$0<$'&4$5.6()(N$+&-.%'8
H/&(&$.-$'0$(&20O&(N$10--.65&$.<$)$6007$.-$6,('*$-0$.*$.-$)22&1*&+$*/)*$)$6&**&($-05,*.0'$.-$*0$1,*$0,*$*/&$<.(&$4.*/$4)*&(
)'+$*/&'$+(N$0,*$*/&$6007-8$A-$305+$+&-*(0N-$1)1&($*/&$6007-$)(&$<(0S&'$,'*.5$*/&N$2)'$6&$+(.&+8$H/.-$1(02&--$4.55
+)3)%&$*/&$6007$6,*$'0*$+&-*(0N$.*$)'+$*/&$.'<0(3)*.0'$4.55$6&$.'*)2*8
Q'$0(+&($*0$3.'.3.S&$*/&$10--.6.5.*N$0<$+)3)%&$<(03$<.(&>$0($0*/&($2),-&->$)'+$+&2(&)-&$*/&$*.3&$'&&+&+$<0($(&20O&(N
)<*&($)$+&-*(,2*.O&$&O&'*>$)55$5.6()(.&-$'&&+$)$+.-)-*&($3)')%&3&'*$)'+$(&20O&(N$15)'8$H/.-$2)'$6&$)'$0'%0.'%$1(02&-4/.2/$ 4.55$ .'25,+&$ 1(0<&--.0')5$ +&O&5013&'*$ <05504.'%$ ,1+)*&-$ .'$ *&2/'050%N$ <0($ 7&N$ -*)<<>$ *().'.'%$ <0($ */&
(&3).'.'%$-*)<<>$2/&27.'%$)'+$3).'*).'.'%$+.-)-*&($7.*->$)'+$(&O.&4$0<$*/&$+.-)-*&($15)'8
Q'$ )++.*.0'>$ <.(&J-)<&*N$ .'O&-*.%)*.0'-$ )(&$ 1&(.0+.2)55N$ 2)((.&+$ 0,*>$ &-1&2.)55N$ (&%)(+.'%$ /.-*0(.2)5$ 5.6()(.&-8$ H/&
R.6()(N$ 0<$ I0'%(&-->$ <0($ &])315&>$ &]1&(.&'2&+$ )$ N&)(J50'%$ .'-1&2*.0'$ .'$ ?BBB8$ !(.0($ *0$ */&$ I0'%(&--.0')5
A220,'*)6.5.*N$ A2*$ 0<$ Cdd_>$ */&$ R.6()(N$ 0<$ I0'%(&--$ )'+$ )55$ I)1.*05$ ^.55$ 6,.5+.'%-$ 4&(&$ &]&31*$ <(03$ -)<&*N
(&%,5)*.0'-8UCV$ [)5)'2.'%$/.-*0(.2)5$1(&-&(O)*.0'$)'+$20'*&310()(N$-)<&*N$-*)'+)(+-$1(0O&-$*0$6&$)$+.<<.2,5*$*)-7$<0(
K&O&'$)$C?JN&)($(&/)6.5.*)*.0'$0<$RI$20315&*&+$.'$Cdd@$+.+$'0*$)++(&--$3)'N$<.(&$/)S)(+-K8U?V$ A<*&($*/&$I0315.)'2&
Z<<.2&$ .'-1&2*.0'>$ /04&O&(>$ */&$ RI$ )''0,'2&+$ */&.($ 4/05&/&)(*&+$ 2033.*3&'*$ K*0$ )2/.&O.'%$ */&$ /.%/&-*$ 5&O&5$ 0<
-)<&*N$10--.65&K$)'+$K*/&$A(2/.*&2*$0<$*/&$I)1.*05$)'+$R.6()(N$0<$I0'%(&--$4.55$(&10(*$*/&.($1(0%(&--$*0$*/&$Z<<.2&$0<
I0315.)'2&$&O&(N$*/(&&$30'*/-K8
R.-*$0<$+&-*(0N&+$5.6()(.&-
F?
Q'<0(3)*.0'$*&2/'050%N$.-$)'0*/&($2)*)5N-*$<0($2)(&<,5$<.(&$1(0*&2*.0'8$=.*/$-0$3)'N$2031,*&(-$.'$5.6()(.&-$*/&(&$K.-$)
+&2(&)-&$.'$<500($-1)2&$)'+$)'$.'2(&)-&$.'$30(&$2031)2*$)'+$104&(<,5$2031,*&($-N-*&3-K$4/.2/$%&'&()*&-$30(&$/&)*
)'+$(&W,.(&-$*/&$,-&$0<$3)'N$30(&$0,*5&*->$.'2(&)-.'%$*/&$',36&($0<$10*&'*.)5$.%'.*.0'$-0,(2&-8UFV$ #(03$)-$&)(5N$)*/&$Cd_B-$*/&$10*&'*.)5$+)'%&(-$0<$2031,*&($&W,.13&'*>$)'+$*/&$<)2.5.*.&-$*/)*$/0,-&$*/&3>$4)-$(&20%'.S&+8$H/,-$.'
Cdh?$*/&$f)*.0')5$#.(&$!(0*&2*.0'$A--02.)*.0'$6&%)'$+&O&501.'%$*/&$<.(-*$-)<&*N$-*)'+)(+-$-1&2.<.2)55N$)115.2)65&$*0
&5&2*(0'.2$ 2031,*&($ -N-*&3-8$ H/.-$ -*)'+)(+$ .-$ 2)55&+$ f#!A$ @_$ !(0*&2*.0'$ 0<$ Q'<0(3)*.0'$ H&2/'050%N$ aW,.13&'*8
#P$ \506)5$ ")*)$ 9/&&*$ _1F?$ .-$ )'0*/&($ -*)'+)(+$ 1(0O.+.'%$ %,.+&5.'&-$ *0$ 1(0*&2*$ )%).'-*$ '0*$ 0'5N$ <.(&>$ 6,*$ 4)*&(>
104&($50-->$&*28
?&,-#'-)3*"#
<,-/%
C-,%'"G'L*16-6>
!*3>
!"&#36>
A-3%'"G
A%$36&)3*"#
=%6:%36-3"6
N%-$"#'-#(^"6'5))"&#3'"G
A%$36&)3*"#
a1)'%$!)5)2&$L0(
•.)'N)'%$!)5)2&M$)'+
9*)*&$A(2/.O&-
•.)'N)'%
e.'$I/.')
?Bh$[I
•.)'%$l,
•.)'%$l,>$(&6&55.'%$)%).'-*$&31&(0(
e.'$a($9/.>$5&+$/.-$*(001-$.'*0
•.)'N)'%$.'$?Bh$[I8$^&$0(+&(&+$*/&
+&-*(,2*.0'$0<$*/&$a1)'%$!)5)2&$L0(
UDV$
•.)'N)'%$!)5)2&M$6N$<.(&8 Le.'$9/.
^,)'%$/)+$0(+&(&+$*/&$6,('.'%$0<
6007-$)'+$6,(N.'%$0<$-2/05)(-$&)(5.&(8M
R.6()(N$0<$A5&])'+(.)
A5&])'+(.)
A'2.&'*
a%N1*
".-1,*&+
".-1,*&+
U_VUhV$
".-1,*&+>
-&&$+&-*(,2*.0'$0<$*/&
R.6()(N$0<$A5&])'+(.)8
R.6()(N$0<$A'*.02/
A'*.02/
A'2.&'*
9N(.)
FhD$A"
a31&(0(
U@V
g0O.)'
H/&$5.6()(N$4)-$6,('*$6N$a31&(0(
g0O.)'8$Q*$/)+$6&&'$/&)O.5N$-*027&+$6N
*/&$).+$0<$/.-$'0'JI/(.-*.)'
1(&+&2&--0(>$a31&(0($g,5.)'
R.6()(N$0<$*/&
9&()1&,3
A5&])'+(.)
A'2.&'*
a%N1*
Fd?$A"
H/&01/.5,-$0<
A5&])'+(.)
H/&$5.6()(N$4)-$6,('&+$)'+$500*&+$)*
*/&$+&2(&&$0<$H/&01/.5,-$0<$A5&])'+(.)>
4/0$4)-$-0$0(+&(&+$6N$H/&0+0-.,-$Q8
R.6()(N$0<$I*&-.1/0'
I*&-.1/0'>
k/O€(O)(€'
A'2.&'*
!&(-.)
h_C$A"
A()6$Q'O)+&(-
[007-$*/(04'$.'*0$*/&$a,1/()*&-$0'$*/&
0(+&($0<$I)5.1/
G3)(8=.7.1&+.):I.*)*.0'$'&&+&+
R.6()(N$0<
)5J^)7)3$QQ
I~(+06)
A5JA'+)5,-
d@h$A"
A5JP)'-,($Q6'
A6.$A)3.($r
(&5.%.0,-$-2/05)(-
A55$6007-$20'-.-*.'%$0<$K)'2.&'*
-2.&'2&K$4&(&$+&-*(0N&+$.'$)$-,(%&$0<
UEV
,5*()J0(*/0+0]N8
R.6()(N$0<$X)NN
X)NN
!&(-.)
CB?d$A"
9,5*)'$P)/3,+
0<$\/)S'.
[,('&+$*/&$5.6()(N$)'+$)55$6007UdV
+&&3&+$)-$/&(&*.2)58
R.6()(N$0<$\/)S')
\/)S')
\/,(.+
&31.(&
CC_C$A"
cA5)$)+J".'
^,-).'
I.*N$4)-$-)27&+$)'+$6,('&+$<0($-&O&'
+)N-8$R.6()(.&-$)'+$1)5)2&-$6,.5*$6N$*/&
UCBV
\/)S')O.+-$4&(&$+&-*(0N&+8
R.6()(N$0<$f.-/)1,(
f.-/)1,(
CC_D$A"
Z%/,S$H,(7-
I.*N$1)(*.)55N$+&-*(0N&+>$5.6()(.&UCCV
-)27&+$)'+$6,('&+8
R.-*$0<$+&-*(0N&+$5.6()(.&-
FF
f)5)'+)
f)5)'+)
Q31&(.)5$R.6()(N$0<
I0'-*)'*.'015&
CCdF$A"
[)7/*.N)($k/.5Y.
f)5)'+)$G'.O&(-.*N$20315&]$L*/&$30-*
(&'04'&+$(&10-.*0(N$0<$[,++/.-*
7'045&+%&$.'$*/&$40(5+$)*$*/&$*.3&M
4)-$-)27&+$6N$H,(7.2$P,-5.3$.'O)+&(,'+&($[)7/*.N)($k/.5Y.j$*/.-$&O&'*$.-&&'$)-$)$3.5&-*0'&$.'$*/&$+&25.'&$0<
UC?V
[,++/.-3$.'$Q'+.)8
I0'-*)'*.'015& [NS)'*.'&
a31.(&
C?BD$A"
H/&$I(,-)+&(-
Q'$C?BD>$*/&$5.6()(N$6&2)3&$)$*)(%&*$0<
*/&$7'.%/*-$0<$*/&$#0,(*/$I(,-)+&8$H/&
5.6()(N$.*-&5<$4)-$+&-*(0N&+$)'+$.*20'*&'*-$6,('&+$0($-05+8$H/&$%(&)*$1)(*
0<$*/&$5.6()(N$*/)*$4)-$-)O&+$5)*&(
6&2)3&$)6-0(6&+$.'*0$*/&$Z**03)'
9,5*)'c-$5.6()(N$)<*&($*/&$P,-5.3$<0(2&0<$P&/3&+$QQ>$9,5*)'$0<$*/&$Z**03)'
H,(7->$2)1*,(&+$I0'-*)'*.'015&$)*$*/&
&'+$0<$*/&$-.&%&$0<$CD_F8
^0,-&$0<$=.-+03
[)%/+)+
Q()W
C?_E$A"
P0'%05$Q'O)+&(-
A55&%&+5N$+&-*(0N&+$+,(.'%$*/&$[)**5&
0<$[)%/+)+>$6,*$*/.-$.-$+.-1,*&+$6N
30+&('$-2/05)(->$4/0$10.'*$*0$*/&
5.6()(Nc-$50--$0<$.310(*)'2&$)<*&($*/&
2)1.*)5$30O&+$*0$9)3)(()$.'$*/&$'.'*/
2&'*,(N>$*0$*/&$<)2*$*/)*$-&O&()5$0<$*/&
0*/&($<)30,-$5.6()(.&-$)55&%&+5N
+&-*(0N&+$)*$*/&$-)3&$*.3&$4&(&
),*/0(.*)*.O&5N$(&10(*&+$*0$-*.55$&].-*
0O&($)$/,'+(&+$N&)(-$5)*&(>$)'+$*0$*/&
<0,'+)*.0'$0<$)'$.310(*)'*$5.6()(N$.'
!&(-.)$,-.'%$6007-$2055&2*&+$6N$*/&
P0'%05$k.'%$(&-10'-.65&$<0($*/&$2.*Nc2)1*,(&
P)+()--)/$R.6()(N
\()')+)
I(04'$0<
I)-*.5&
CDdd$A"
H(001H/&$5.6()(N$4)-$)**)27&+$6N$*(001-$0<
2033)'+&+$6N
I)(+.')5$I.-'&(0-$.'$5)*&$CDdd>$*/&
I)(+.')5$I.-'&(0- 6007-$4&(&$*)7&'$*0$*/&$!5)S)
[.6JX)365)>$4/&(&$*/&N$4&(&$6,('&+
.'$1,65.28
[.65.0*/&2)$I0(O.'.)') Z<&'
Z**03)'
a31.(&
C_?h$A"
H(001-$0<$*/&
Z**03)'$a31.(&8
R.6()(N$4)-$+&-*(0N&+$6N
UCFV
Z**03)'-8
\5)-'&N$I055&%&
a'%5)'+
C_DE$A"
X0N)5$0<<.2.)5-
H/&$-3)-/.'%$)'+$500*.'%$0<$*/&
I0('.-/$2055&%&-$)*$\5)-'&N$)'+
I()'*027$6(0,%/*$)'$&'+$*0$*/&$<0(3)5
-2/05)(-/.1$4/.2/$/)+$/&51&+$*0$-,-*).'
*/&$I0('.-/$5)'%,)%&$)'+$*/&$I0('.-/
2,5*,()5$.+&'*.*N8
!&'(N'>
I0('4)55
Q'+.)
R.-*$0<$+&-*(0N&+$5.6()(.&-
FD
P)N)$20+.2&-$0<$*/&
l,2)*•'
l,2)*•'
P&].20$)'+
\,)*&3)5)
C_h?JB@JC?
A"
".&%0$+&$R)'+)
[.-/01$"&$R)'+)>$)$#()'2.-2)'$30'7
)'+$20'W,.-*)+0($+,(.'%$*/&$91)'.-/
20'W,&-*$0<$l,2)*•'>$4(0*&:$K=&$<0,'+
)$5)(%&$',36&($0<$6007-$.'$*/&-&
2/)()2*&(-$)'+>$)-$*/&N$20'*).'&+
'0*/.'%$.'$4/.2/$4&(&$'0*$*0$6&$-&&'$)-,1&(-*.*.0'$)'+$5.&-$0<$*/&$+&O.5>$4&
6,('&+$*/&3$)55>$4/.2/$*/&N$L*/&$P)N)M
(&%(&**&+$*0$)'$)3)S.'%$+&%(&&>$)'+
4/.2/$2),-&+$*/&3$3,2/$)<<5.2*.0'8K
Z'5N$*/(&&$&]*)'*$20+.2&-$)(&$4.+&5N
20'-.+&(&+$,'W,&-*.0')65N$),*/&'*.28
X)%5)'$R.6()(N
X)%5)'$I)-*5&
=)5&-
ChDh$A"
!)(5.)3&'*)(N
A(3N
H/&$a)(5$0<$=0(2&-*&(c-$5.6()(N$4)6,('*$+,(.'%$*/&$a'%5.-/$I.O.5$=)($6N
<0(2&-$,'+&($*/&$2033)'+$0<$H/03)#).(<)]
R.6()(N$0<$I0'%(&--
=)-/.'%*0'>
"8I8
G'.*&+
9*)*&-
CECD$A"
H(001-$0<$*/&
[(.*.-/$A(3N
H/&$5.6()(N$4)-$+&-*(0N&+$+,(.'%$*/&
=)($0<$CEC?$4/&'$[(.*.-/$<0(2&-$-&*
<.(&$*0$*/&$G898$I)1.*05$+,(.'%$*/&
[,('.'%$0<$=)-/.'%*0'8
G'.O&(-.*N$0<$A5)6)3) H,-2)500-)>
A5)6)3)
G'.*&+
9*)*&-
CEh_JB_JBD
A"
H(001-$0<$*/&
G'.0'$A(3N
",(.'%$*/&$A3&(.2)'$I.O.5$=)(>$G'.0'
*(001-$+&-*(0N&+$30-*$6,.5+.'%-$0'$*/&
G'.O&(-.*N$0<$A5)6)3)$2)31,->
.'25,+.'%$.*-$5.6()(N$0<$)11(0].3)*&5N
@>BBB$O05,3&-8
X0N)5$5.6()(N$0<$*/&
k.'%-$0<$[,(3)
[,(3)
CEE_$J$CEE@ H(001-$0<$*/&
A"
[(.*.-/$A(3N
H/&$[(.*.-/$500*&+$*/&$1)5)2&$)*$*/&$&'+
0<$*/&$F(+$A'%50J[,(3&-&$=)($L-03&
0<$*/&$)(*&<)2*-$4/.2/$4&(&$*)7&'$)4)N
)(&$-*.55$0'$+.-15)N$.'$*/&$m.2*0(.)$)'+
A56&(*$P,-&,3$.'$R0'+0'M$)'+$6,('&+
+04'$*/&$(0N)5$5.6()(N8
R.6()(N$0<$*/&$I)*/05.2 R&,O&'
G'.O&(-.*N$0<$R&,O&'
[&5%.,3
CdCDJBEJ?_
\&(3)'
Z22,1)*.0'
H(001-
H/&$\&(3)'-$-&*$*/&$5.6()(N$0'$<.(&$)1)(*$0<$*/&$6,('.'%$0<$*/&$&'*.(&$2.*N$.'
)'$)**&31*$*0$,-&$*&((0($*0$W,&55$[&5%.)'
(&-.-*)'2&$*0$022,1)*.0'8
!,65.2$X&20(+-$Z<<.2&
0<$Q(&5)'+
",65.'
Q(&5)'+
Cd??$A"
".-1,*&+8$!0--8
+&5.6&()*&5N$6N
A'*.JH(&)*N$QXA
0($)22.+&'*)5
.%'.*.0'$0<$*/&.(
-*0(&+$&]150-.O&+,&$*0$-/&55.'%$6N
!(0O.-.0')5
\0O&('3&'*
<0(2&-8
H/&$#0,($I0,(*-$4)-$022,1.&+$6N$*/&
A'*.JH(&)*N$QXA$)*$*/&$-*)(*$0<$*/&$Q(.-/
I.O.5$=)(8$H/&$6,.5+.'%$4)6036)(+&+$6N$*/&$!(0O.-.0')5
\0O&('3&'*$<0(2&-$,'+&($P.2/)&5
I055.'-8
Q'-*.*,*$<x(
9&],)54.--&'-2/)<*
[&(5.'
f)S.
\&(3)'N
CdFFJB_Jii
P&36&(-$0<$*/&
"&,*-2/&
9*,+&'*&'-2/)<*
Z'$h$P)N$CdFF>$*/&$"&,*-2/&
9*,+&'*&'-2/)<*$3)+&$)'$0(%)'.-&+
)**)27$0'$*/&$Q'-*.*,*&$0<$9&]$X&-&)(2/8
A$<&4$+)N-$5)*&(>$*/&$Q'-*.*,*&c-$5.6()(N
)'+$)(2/.O&-$4&(&$1,65.25N$/),5&+$0,*
)'+$6,('&+$.'$*/&$-*(&&*-$0<$*/&
Z1&('15)*S8
P)'+)5)N
!)5)2&
R.-*$0<$+&-*(0N&+$5.6()(.&-
'_
F_
f)*.0')5$G'.O&(-.*N$0<
H-.'%$^,)>$G'.O&(-.*N
f)'J7c).>$Q'-*.*,*&$0<
H&2/'050%N$0<$^&J1&.>
P&+.2)5$I055&%&$0<
^&J1&.>$A%(.2,5*,()5
I055&%&$0<$^&J1&.>
G'.O&(-.*N$H)$^-.)>
G'.O&(-.*N$k,)'%$^,)>
f)*.0')5$G'.O&(-.*N$0<
^,')'
I/.')
CdF@$1
CdD_$A"
=0(5+$=)($QQ
g)1)'&-&$H(001-
",(.'%$=0(5+$=)($QQ>$g)1)'&-&$3.5.*)(N
<0(2&-$+&-*(0N&+$0($1)(*5N$+&-*(0N&+
',3&(0,-$I/.'&-&$5.6()(.&->$.'25,+.'%
5.6()(.&-$)*$*/&$f)*.0')5$G'.O&(-.*N$0<
H-.'%$^,)>$!&7.'%$L50-*$?BB>BBB$0<
F_B>BBB$6007-M>$*/&$G'.O&(-.*N
f)'J7c).>$Hc.&'J2/.'$L*0*)55N$+&-*(0N&+>
??D>BBB$6007-$50-*M>$Q'-*.*,*&$0<
H&2/'050%N$0<$^&J1&.>$Hc.&'J2/.'
L20315&*&5N$+&-*(0N&+M>$P&+.2)5
I055&%&$0<$^&J1&.>$!)0J*.'%
L20315&*&5N$+&-*(0N&+M>$A%(.2,5*,()5
I055&%&$0<$^&J1&.>$!)0J*.'%
L20315&*&5N$+&-*(0N&+M>$G'.O&(-.*N$H)
^-.)>$9/)'%/).$L20315&*&5N$+&-*(0N&+M>
G'.O&(-.*N$k,)'%$^,)>$9/)'%/).
L20315&*&5N$+&-*(0N&+M>$f)*.0')5
G'.O&(-.*N$0<$^,')'$L20315&*&5N
+&-*(0N&+M8
R.6()(N$0<$*/&$I)*/05.2 R&,O&'
G'.O&(-.*N$0<$R&,O&'
[&5%.,3
CdDBJB_Jii
A"
\&(3)'
Z22,1)*.0'
H(001-
I),%/*$<.(&$+,(.'%$\&(3)'$.'O)-.0'$0<
UCDV
R0,O).'>$[&5%.,38
f)*.0')5$R.6()(N$0<
9&(6.)
[&5%()+&
l,%0-5)O.)
CdDCJBDJii
A"
f)S.$\&(3)'
W&+)@7++(
"&-*(0N&+$+,(.'%$*/&$=0(5+$=)($QQ
6036.'%$0<$[&5%()+&8
q)‚,-7.$R.6()(N
=)(-)4
!05)'+
CdDD$A"
f)S.$\&(3)'
*(001-
H/&$5.6()(N$4)-$6,('&+$+04'$+,(.'%
*/&$f)S.$-,11(&--.0'$0<$*/&$=)(-)4
G1(.-.'%$0<$CdDD8$H/&$6,('.'%$0<$*/.5.6()(N$4)-$1)(*$0<$*/&$%&'&()5$-&**.'%
0'$<.(&$0<$)$5)(%&$1)(*$0<$*/&$2.*N$0<
=)(-)48
f)*.0')5$R.6()(N$0<
I)360+.)
!/'03$!&'/
I)360+.)
Cd@h$1
Cd@d$A"
H/&$k/3&(
X0,%&
[,('*$30-*$0<$*/&$6007-$)'+$)55
6.65.0%()1/.2)5$(&20(+-8$Z'5N$?B`$0<
3)*&(.)5-$-,(O.O&+8
g)<<')$!,65.2$R.6()(N
g)<<')
9(.$R)'7)
CdECJB_Jii
A"
!5).'250*/&105.2&$0<<.2&()'+$0*/&(-
Q'$P)N$CdEC$)$306$20310-&+$0<$*/,%)'+$15).'250*/&-$105.2&$0<<.2&(-$4&'*$0'
)$()31)%&$.'$3.'0(.*N
H)3.5J+03.')*&+$'0(*/&('$g)<<')>$)'+
6,('&+$+04'$*/&$g)<<')$!,65.2$R.6()(N8
A*$5&)-*$d_>BBB$O05,3&-$1$*/&$-&20'+
5)(%&-*$5.6()(N$2055&2*.0'$.'$90,*/$A-.)
1$4&(&$+&-*(0N&+8
9.7/$X&<&(&'2&$R.6()(N !,'Y)6
Q'+.)
CdEDJBhJB@
A"
H(001-$)2*.'%
,'+&($Q'+.()
\)'+/.c-$0(+&(-
[&<0(&$.*-$+&-*(,2*.0'>$*/&$5.6()(N
20'*).'&+$()(&$6007-$)'+$/)'+4(.**&'
3)',-2(.1*-$0'$9.7/$(&5.%.0'>$/.-*0(N>
UC_V$
)'+$2,5*,(&
Q*$20,5+$/)O&$6&&'$)
+&-1&()*&$)2*$0'$<).5,(&$*0$502)*&$5&**&(0($+02,3&'*-$*/)*$20,5+$/)O&
.315.2)*&+$*/&$*/&'$Q'+.)'$%0O&('3&'*
UChV
)'+$.*-$5&)+&($Q'+.()$\)'+/.$
I&'*()5$G'.O&(-.*N
R.6()(N$0<$[,2/)(&-*
X03)'.)
CdEdJC?J?i
Ia
X03)'.)'$R)'+
#0(2&-
[,('*$+04'$+,(.'%$*/&$X03)'.)'
UC@VUCEV
X&O05,*.0'8
[,2/)(&-*
R.-*$0<$+&-*(0N&+$5.6()(.&-
Fh
Z(.&'*)5$Q'-*.*,*&$.'
9)()Y&O0
9)()Y&O0
[0-'.)$)'+ Cdd?JB_JC@
^&(S&%0O.') A"
[0-'.)'$9&(6
A(3N
"&-*(0N&+$6N$*/&$-/&55<.(&$+,(.'%$*/&
UCdV U?BVU?CV
9.&%&$0<$9)()Y&O08$
$
f)*.0')5$)'+
G'.O&(-.*N$R.6()(N$0<
[0-'.)$)'+
^&(S&%0O.')
9)()Y&O0
[0-'.)$)'+ Cdd?JBEJ?_
^&(S&%0O.') A"
[0-'.)'$9&(6
A(3N
H/&$5.6()(N$4)-$20315&*&5N$+&-*(0N&+
+,(.'%$*/&$9.&%&$0<$9)()Y&O08
A67/)S.)'$X&-&)(2/
Q'-*.*,*&$0<$^.-*0(N>
R)'%,)%&$)'+
R.*&()*,(&$r$f)*.0')5
R.6()(N$0<$A67/)S.)
9,7/,3.
A67/)S.)
Cdd?JCBJii
A"
\&0(%.)'$A(3&+
#0(2&-
"&-*(0N&+$+,(.'%$*/&$=)($.'
U??V
A67/)S.)8
!05J.Jk/03(.$!,65.2
R.6()(N
!05J.Jk/03(.
A<%/)'.-*)'
CddE$A"
H)5.6)'$3.5.*.)
Q*$/&5+$__>BBB$6007-$)'+$05+
U?FV
3)',-2(.1*-8
Q()W$f)*.0')5$R.6()(N
[)%/+)+
)'+$A(2/.O&>
A5JA4W)<$R.6()(N>
I&'*()5$R.6()(N$0<$*/&
G'.O&(-.*N$0<$[)%/+)+>
R.6()(N$0<$[)N*
)5J^.73)>$I&'*()5
R.6()(N$0<$*/&
G'.O&(-.*N$0<$P0-,5
)'+$0*/&($5.6()(.&-
Q()W
?BBFJBDJii
A"
G'7'04'
3&36&(-$0<$*/&
[)%+)+
101,5)*.0'
9&O&()5$5.6()(.&-$500*&+>$-&*$0'$<.(&>
+)3)%&+$)'+$+&-*(0N&+$.'$O)(.0,+&%(&&-$+,(.'%$*/&$?BBF$Q()W
U?DVU?_VU?hVU?@VU?EV
=)(8
a%N1*.)'$92.&'*.<.2
Q'-*.*,*&
I).(0
a%N1*
?BCCJC?Jii
A"
A/3&+$[)6)
Q'-*.*,*&LH.36,7*,
5.6()(NM
H.36,7*,
P)5.
?BCFJBCJ?E
A"
Q-5)3.-*-$3.5.*.)
H/&$5.6()(N$4)-$6,('&+$+04'>$.*
20'*).'&+$0O&($?B>BBB$3)',-2(.1*4.*/$0'5N$)$<()2*.0'$0<$*/&3$/)O.'%
UFBV
6&&'$-2)''&+$)-$0<$g)',)(N$?BCF8
I)')+)
?BCF$A"
\0O&('3&'*$0<
I)')+)$/&)+&+$6N
1(.3&$3.'.-*&(
9*&1/&'$^)(1&(
A55&%&+$+.%.*.S)*.0'$&<<0(*$*0$(&+,2&$*/&
'.'&$0(.%.')5$5.6()(.&-$*0$-&O&'$)'+$-)O&
ƒIDDF>BBB$)'',)5$20-*8$Q*$.-$)55&%&+
*/)*$0'5N$_1h`$0<$*/&$3)*&(.)5$4)+.%.*.S&+>$)'+$*/)*$-2.&'*.<.2$(&20(+-$)'+
(&-&)(2/$2(&)*&+$)*$)$*)]1)N&($20-*$0<
*&'-$0<$3.55.0'-$0<$+055)(-$4)-$+,31&+>
6,('&+>$)'+$%.O&'$)4)N8$!)(*.2,5)(5N
'0*&+$)(&$6)-&5.'&$+)*)$.310(*)'*$*0
&2050%.2)5$(&-&)(2/>$)'+$+)*)$<(03$Cd*/
2&'*,(N$&]150()*.0'8
R&6)'0'
?BCDJBCJBF
A"
G'7'04'
H/&$5.6()(N$4)-$6,('&+$+04'>$.*
20'*).'&+$0O&($EB>BBB$3)',-2(.1*-$)'+
6007-8
R.6()(.&-$0<$#.-/&(.&)'+$Z2&)'-$I)')+)
9)&/$R.6()(N
H(.105.
A$<.(-*$&-*.3)*&$-)N-$*/)*$0'5N$FB>BBB
O05,3&-$/)O&$6&&'$-)O&+$0<$)$*0*)5$0<
U?dV
?BB>BBB8
R.-*$0<$+&-*(0N&+$5.6()(.&-
F@
f)*.0')5$A(2/.O&-$0<
9)()Y&O0
[0-'.)$)'+
^&(S&%0O.')$L1)(*.)55NM
[0-'.)$)'+ ?BCDJB?JB@
^&(S&%0O.') A"
G'7'04'
",(.'%$*/&$?BCD$,'(&-*$.'$[0-'.)$)'+
^&(S&%0O.')$5)(%&$)30,'*-$0<
/.-*0(.2)5$+02,3&'*-$4&(&$+&-*(0N&+
4/&'$-&2*.0'-$0<$*/&$A(2/.O&-$0<
[0-'.)$)'+$^&(S&%0O.')>$/0,-&+$.'$*/&
1(&-.+&'*.)5$6,.5+.'%>$4&(&$-&*$0'$<.(&8
A30'%$*/&$50-*$)(2/.O)5$3)*&(.)5$4&(&
+02,3&'*-$)'+$%.<*-$<(03$*/&$Z**03)'
1&(.0+>$0(.%.')5$+02,3&'*-$<(03$*/&
CE@EJCdCE$A,-*(0J^,'%)(.)'$(,5&$.'
[0-'.)$)'+$^&(S&%0O.')>$)-$4&55$)+02,3&'*)*.0'-$0<$*/&$.'*&(4)($1&(.0+>
*/&$CdDCJCdD_$(,5&$0<$*/&$Q'+&1&'+&'*
9*)*&$0<$I(0)*.)>$1)1&(-$<(03$*/&
<05504.'%$N&)(->$)'+$)60,*$C_BBB$<.5&<(03$*/&$CddhJ?BBF$^,3)'$X.%/*I/)36&($<0($[0-'.)$)'+$^&(S&%0O.')8
Q'$*/&$(&10-.*0(.&-$*/)*$4&(&$6,('*>
)60,*$hB$1&(2&'*$0<$*/&$3)*&(.)5$4)50-*>$)220(+.'%$*0$&-*.3)*&-$6N$„)6)'
q)/.(0O.…>$*/&$/&)+$0<$*/&$A(2/.O&-8
C-3&6-9'(*$-$3%6$
<,-/%
C-,%'"G'L*16-6>
!*3>
!"&#36>
A-3%'"G
A%$36&)3*"#
!-&$%$'-#(^"6'5))"&#3'"G
A%$36&)3*"#
Q31&(.)5$G'.O&(-.*N$R.6()(N$.'$H07N0>$P)]
Px55&($R.6()(N>$f.-/.3,()$R.6()(N>$^0-/.'0
R.6()(N
g)1)'
Cd?FJBdJii
A"
A'$&)(*/W,)7&$)'+$*/&$<05504.'%
UV
<.(&-8
f)*.0')5$R.6()(N$0<$f.2)()%,)$X,6w'$")(†0
f.2)()%,)
CdFC$A">
Cd@?$A"
Q*$4)-$+)3)%&+$.'$*/&$CdFC
&)(*/W,)7&8$A'0*/&($&)(*/W,)7&$.'
Cd@?$2),-&+$+)3)%&-j$<,(*/&(30(&>$.*
UFCV
4)-$500*&+8
9&O&()5$5.6()(.&->$)(2/.O&->$)'+
3,-&,3-=.7.1&+.):I.*)*.0'$'&&+&+
Q'+.)>$Q'+0'&-.)>
P)5)N-.)>$P)5+.O&->
H/).5)'+>$9(.$R)'7)
?BBDJC?Jii
A"
H/&$?BBD$Q'+.)'$Z2&)'$&)(*/W,)7&8
9&&$R.6()(N$+)3)%&$(&-,5*.'%$<(03
*/&$?BBD$Q'+.)'$Z2&)'$&)(*/W,)7&8
I*6%
T G'.O&(-.*N$0<$I01&'/)%&'$R.6()(N$LI01&'/)%&'M$1$Z2*06&($C@?E
T I0**0'$R.6()(N$L^,'*.'%+0'>$a'%5)'+$GkM$1$?F$Z2*06&($C@FC
T R.6()(N$0<$I0'%(&--$L=)-/.'%*0'>$"8I8$G9AM$1$?_$A,%,-*$CECD
T [.(3.'%/)3$I&'*()5$R.6()(N$L[.(3.'%/)3>$a'%5)'+M$1$CE@d
T G'.O&(-.*N$0<$m.(%.'.)$R.6()(N$LI/)(50**&-O.55&>$m.(%.'.)$G9AM$1$?@
Z2*06&($CEd_
T f&4$l0(7$9*)*&$R.6()(N$LA56)'N>$f&4$l0(7$G9AM$1$?d$P)(2/
CdCC
T [(.*.-/$R.6()(N$LR0'+0'>$a'%5)'+$GkM$1$=0(5+$=)($QQ
T g&4.-/$H/&050%.2)5$9&3.')(N$5.6()(N$<.(&$Lf&4$l0(7$I.*NM$1$A1(.5
CE>$Cdhh
UF?V
T I/)(5&-$A8$^)56&(*$!,65.2$R.6()(N$1$CdE?
",2/&--$A'')$A3)5.)$R.6()(N$6,('.'%
R.-*$0<$+&-*(0N&+$5.6()(.&T
T
T
T
T
T
FE
")5/0,-.&$G'.O&(-.*N$R)4$R.6()(N$L^)5.<)]>$f0O)$920*.)M$1$A,%,-*$CdE_
R0-$A'%&5&-$I&'*()5$R.6()(N$LR0-$A'%&5&->$I)5.<0('.)$G9AM$1$?d$A1(.5$)'+$F$9&1*&36&($CdEh
A2)+&3N$0<$92.&'2&-$R.6()(N$LR&'.'%()+>$G99XM$1$CD$A1(.5$CdEE
Q()W$f)*.0')5$R.6()(N$L[)%/+)+>$Q()WM$1$C_$A1(.5$?BBF
",2/&--$A'')$A3)5.)$R.6()(N$L=&.3)(>$\&(3)'NM$1$?$9&1*&36&($?BBD
\5)-%04$92/005$0<$A(*>$X&''.&$P)27.'*0-/$R.6()(N$L\5)-%04>$920*5)'+M$J$?F$P)N$?BCD
N%G%6%#)%$
UCV #.'&6&(%>$\).58$KP0O.'%$H04)(+$)$9)<&($R.6()(N8$I0315.)'2&$Z<<.2&$Q--,&-$#.(&$9)<&*N$X&10(*>K$R.6()(N$0<$I0'%(&--$Q'<0(3)*.0'$[,55&*.'$hB
'08$F>$h_>$P)(2/$?BBC
U?V R8A8>$KQ'-1&2*.0'$920(2/&-$#.(&$9)<&*N$)*$RI>K$?;(0*!7#'W*2070*($='F?$'08$F$C@1CE>$P)(2/$?BBC
UFV #.]&'>$a+4)(+$R8$)'+$m.+)($98$R)'+)>KAO0.+.'%$*/&$93&55$0<$[,('.'%$")*)>K$S-#$&,)*#.DC6(!*+<*#.'L#.*#((0>$P)N$?BBh>$m058$Fd$Q--,&$_>
1D@J_C
UDV 9.3)$e.)'8$1(!-05$'-+')/('Y07#5'B*$)-0*7#>$Q*-.076/<'-+'L;6(0-0'Y7-l&8
U_V H/&$A5&])'+(.)'$R.6()(N$L/**1:; ; 4448 '&4)+O&'*8 0(%; 2)*/&'; BCFBF)8 /*3MK
UhV R&4.->$[&(')(+8$KH/&$m)'.-/&+$R.6()(NK8$9/('R(@'m-0F'1(:*(@'-+'Q--F$8$F@LCDM8$?@$9&1*&36&($CddB8$L/**1:; ; 4448 'N6007-8 203; )(*.25&-;
F_C@M
U@V A56(&2/*>$P.2/)&5$O0'$r$92/3&5.'%>$\)(&*/$R8$LCdd@M$?'B*$)-0<'-+'1-;7#'W*)(07)&0(j$18$C@DD
UEV A''$I/(.-*N>$S/0*$)*7#$'*#'?,D?#57,&$UGii"ijjj>$LI,(S0'$!(&-->$?BB?M>$CD?8
UdV KP0-5&3$R.6()(.&-$)'+$9&2*)(.)'$!(01)%)'+)K>$X,*/$9*&55/0('$P)27&'-&'>$9/('?;(0*!7#'Z-&0#7,'-+'C(;*)*!'W7#.&7.($'7#5'W*)(07)&0($>$m058
_C>$f08$?$Lg)',)(N$>$CdF_M>$dF1dD8
UCBV I8a8$[0-40(*/>$9/('W7)(0'Y/7l#7:*5$>$LI05,36.)$G'.O&(-.*N$!(&-->$Cd@@M>$CC@8
UCCV 9/('9-;2'-+'4;70'X/7<<n;>$\&0(%&$9)(*0'>$<$*$>$m058$?d>$f08$C$Lg,5N$>$CdFEM:Ch8
UC?V 9&'>$\&(*(,+&$a3&(-0'$LCdhDM$9/('C)-0<'-+'L70,<'b#5*7#'S*:*,*l7)*-#8$Z(.&'*$R0'%3)'UCFV LA;Ma+.*$9S&%&+.>$Y($!/*!/)$2(@&$$)$(*#'&#5'Y0&66(#*5(#)*)o)>$L[0/5),$m&(5)%>$?BB?M>$??F8
UCDV ]#*:(0$*)<'-+'W-&:7*#>$b#)(0#7)*-#7,'8*!)*-#70<'-+']#*:(0$*)<'B*$)-0*($>$&+8$I)(05$g8$9,33&(<.&5+>$P)(N$a5.S)6&*/$"&O.'&>$A'*/0'N$R&O.>
L#.*S(0N$"&)(60('$!,65.-/&(->$CddEM>$_FC8
UC_V k),(>$g)-7)()'j$I(0--&**&>$[)(6)()$L?BBhM8‡/**1:; ; &'-))<J0(%8 Y75)48 '&*; 1,65.2)*.0'-; (&10(*-; ?BN&)(-; ?BN&)(-J?'+8 1+<
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
UChV /**1:; ; 4448 *(.6,'&.'+.)8 203; ?BBB; ?BBBBhC?; 3).'@8 /*3
UC@V H/&$I&'*()5$G'.O&(-.*N$R.6()(N$0<$[,2/)(&-*$L/**1:; ; 4448 62,68 (0; /03&; .-*0(.2M>$0<<.2.)5$-.*&:$K*/&$^.-*0(NK8
UCEV KR&%&)$(&2,'0ˆ*.'‰&.>$3)+&$.'$X03)'.)K$L/**1:; ; 4448 &OS8 (0; +&*)5..; -*.(.;
5&%&)J(&2,'0-*.'*&.J3)+&J.'J(03)'.)J)%&'*..J(&1(&-.,'..J2&),-.-*&J),J)Y,'-J5,1*)*0(.J(&3)(2)8 /*35M>$aO&'.3&'*,5$q.5&.>$BF$g,'&$?BCB8
UCdV I055&2*.0'$0<$)(*.25&-$)'+$-*,+.&-$0'$+&-*(,2*.0'$0<$5.6()(.&-$)'+$)(2/.O&-$.'$[0-'.)$)'+$^&(S&%0O.')$L/**1:; ; 63.18 .'<0; )(*.25&-; )(*.25&-8
/*35M$L)O).5)65&$<0($+04'50)+$.'$81+<M
U?BV a()-.'%$*/&$!)-*:$H/&$"&-*(,2*.0'$0<$R.6()(.&-$)'+$A(2/.O&-$.'$[0-'.)J^&(S&%0O.')$L/**1:; ; <18 )(.S0')8 &+,; 3&-)--02; [,55&*.'; 60-'.)8
/*3M$LM
U?CV I(.3&-$0<$4)(>$2(.3&-$0<$1&)2&:$+&-*(,2*.0'$0<$5.6()(.&-$+,(.'%$)'+$)<*&($*/&$[)57)'$4)(-$0<$*/&$CddB-$L/**1:; ; %05.)*/8 &2'&]*8 203; 203-?;
%.oBCddJ@CdhB_?; I(.3&-J0<J4)(J2(.3&-J0<8 /*35M$LM
U??V A67/)S.):$I,5*,()5$H()%&+N$X&O.-.*&+$L/**1:; ; 4448 .41(8 '&*; i1n2(-r -n<r 0nChCDCCr )12o-*)*&n/&'.2(-?BB?M>$I),2)-,-$X&10(*.'%
9&(O.2&>$Q'-*.*,*&$<0($=)($)'+$!&)2&$X&10(*.'%
U?FV S(#$-0$/*6'-+'/*$)-0*!7,')/-&./)U'7'@-0,5'.&*5(='ipqH"ajjj$L/**1:; ; 6007-8 %00%5&8 &-; 6007-i.+nD"5P9(*Z\RQIr 1(.'*-&2n<(0'*20O&(r
-0,(2&n%6-o)*6M>$A'*00'$+&$[)&*U?DV !(.S&+$Q()W.$)'')5-$c50-*$.'$65)S&c$L/**1:; ; '&4-8 6628 208 ,7; ?; /.; 3.++5&o&)-*; ?dDEB?C8 -*3M$LM
U?_V !/0*0-$0<$*/&$Q()W$f)*.0')5$R.6()(N$?BBF1BE$L/**1:; ; 4448 4&6)(2/.O&8 0(%8 ,7; 4)N6)27; )(2/.O&; ?BCBBD?@CF?F_d; /**1:; ; 4448 658 ,7;
.()W+.)(N; 2.5.11.2-8 /*35M
U?hV !QIHGXa9$Z#$"APA\a"$RQ[XAXQa9$Qf$QXAe$L/**1:; ; 0.8 ,2/.2)%08 &+,; ZQ; QXAe; 3&5); R.6()(N!.]; R.6()(N!.]8 /*3M
U?@V P.++5&$a)-*$R.6()(.)'-$A--02.)*.0'$I033.**&&$0'$Q()W.$R.6()(.&-$L/**1:; ; 0.8 ,2/.2)%08 &+,; ZQ; QXAe; 3&5); 3&5).()W8 /*35M
U?EV A--&--3&'*$0<$+)3)%&$*0$R.6()(.&-$)'+$A(2/.O&-$.'$Q()W$L/**1:; ; )(2/.O&8 .<5)8 0(%; mQ; D; )+3.'; .()WB?B_8 /*3M
U?dV G'$.'2&'+.0$+,()'*&$50-$+.-*,(6.0-$+&$a5$I).(0$+&-*(,N&$&5$0(.%.')5$+&$5)$c"&-2(.12.~'$+&$a%.1*0c$&'2)(%)+)$10($f)105&~'$L/**1:; ; 4448
&51).-8 203; )(*.2,50; 2,5*,(); .'2&'+.0; +,()'*&; +.-*,(6.0-; I).(0; +&-*(,N&; 0(.%.')5; "&-2(.12.0'; a%.1*0; &'2)(%)+); f)105&0'; &51&1,2,5;
?BCCC?CE&51&1,2,5oC; H&-M$LM
UFBV #5&&.'%$Q-5)3.-*-$6,('$1(.2&5&--$H.36,7*,$5.6()(N$L/**1:; ; 4448 +&67)8 203; '&4-,1+)*&; F_hF; i,*3o3&+.,3n*4.**&(r
,*3o-0,(2&n*4.**&(<&&+M>$)22&--&+$?d$g)',)(N$?BCF
UFCV [.65.0*&2)$f)2.0')5$X,6w'$")(†0$L/**1:; ; 4448 6'(+8 %068 '.; 1)%.'); 6'(+M
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
UF?V I/)(5&-$A8$^)56&(*$!,65.2$R.6()(N$L/**1:; ; 4448 30&-7'8 0(%; .'+&]8 1/1i01*.0'n203o20'*&'*r O.&4n)(*.25&r .+n?dr Q*&3.+nd?M$LM
$
$
$
$
$
$
$
$
$
R.-*$0<$+&-*(0N&+$5.6()(.&-
Fd
I&63F%6'6%-(*#/
T H/&$[0-'.)'$P)',-2(.1*$Q'%)*/&(.'%$!(0Y&2*$L/**1:;;63.18.'<0;M$J$A$2)55$<0($[0-'.)'$3)',-2(.1*-$.'%)*/&(.'%
T !05)-*(0'>$R,2.&'$•8$L?BB@M$W*20-$'(#'W,7;7$U'/*$)-0*7'5(',7'*#)(0;*#72,('5($)0&!!*r#'5('2*2,*-)(!7$8$R.6()(.)>
Q9[f$dhEJChJEFdEJh8$L/**1:;;44485.6(0--06(&5.6(0-8203;5.6(0oC?8/*35M
T !(.&*0$\,*.w((&S>$g,)'$g0-w8$E,7#'5('(:7!&7!*r#'5(,'67)0*;-#*-'5-!&;(#)7,'(#'2*2,*-)(!7$8$L/**1:;;&1(.'*-8,238
&-;dh__;M
T k',*/>$X&6&22)8$W*20*!*5('U')/('0(.*;(D$6-#$-0(5'5($)0&!)*-#'-+'2--F$'7#5',*2070*($'*#')/(')@(#)*()/'!(#)&0<8
Q9[f$BJ?@_JdEBEEJ•
T !05)-*(0'>$R,2.&'$•8$Q--F$'-#'+*0(U')/('5($)0&!)*-#'-+',*2070*($')/0-&./-&)'/*$)-0<8$Q9[f$d@EJCJ_dD@@JCh@J_
T I.O)55&(0>$a+%)(+08$V/(#'J(;-0<'9&0#$'*#)-'?$/($>>>'J(;-0*!*5('8&0*#.')/('hh'S(#)&0<$L/**1:;;5.6(80(%;.-2;
.--,&-;Q9I?_;)(*.25&-;=^af$PaPZXl$HGXf9$QfHZ$A9^a981+<M3>3'84b$L/**1:;;/+58/)'+5&8'&*;CB@hB;
CBBEEM>'M'?0!/*:(5$L/**1:;;44484&62.*)*.0'80(%;hCk<=Z*a=M$7)'V(2S*)(N
T Gfa9IZ8$R0-*$P&30(N$1$R.6()(.&-$)'+$)(2/.O&-$+&-*(0N&+$.'$*/&$*4&'*.&*/$2&'*,(N$L/**1:;;4448,'&-2080(%;
4&640(5+;3+3;)+3.'.-*;1+<;RZ9HPaPZ8!"#M$L$A(2/.O&+$L/**1:;;44484&62.*)*.0'80(%;hCkYC3,'-M$)*
=&6I.*&M
T [007-$0'$#.(&:$H/&$"&-*(,2*.0'$0<$R.6()(.&-$H/(0,%/0,*$^.-*0(N$L/**1:;;6007-8%00%5&8208,7;
6007-i.+nD-Jk6d7OFh0Ir1(.'*-&2n<(0'*20O&(r+Wn[007-Š0'Š#.(&ŠH/&Š"&-*(,2*.0'Š0<ŠR.6()(.&-Š
H/(0,%/0,*Š^.-*0(Nr/5n&'r-)n•r&.nH=,2GR6•^0'!(e&d-l^l"4r
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
O&+nBII4ehAa4AAbOn0'&1)%&rWn[007-$0'$#.(&$H/&$"&-*(,2*.0'$0<$R.6()(.&-$H/(0,%/0,*$^.-*0(Nr
<n<)5-&M8$R,2.&'$•)O.&($!05)-*(0'8$H()'-5)*&+$6N$g0/'$a$\()/)38$Q''&($H()+.*.0'-8$Q9[f$d@EJCJ_dD@@JCh@J_8
Q9[f$CJ_dD@@JCh@J@8
$
;@3%6#-9'9*#.$
T H/&$[0-'.)'$P)',-2(.1*$Q'%)*/&(.'%$!(0Y&2*$L/**1:;;63.18.'<0;M
T H/&$*/(&)*$*0$40(5+$/&(.*)%&$.'$Q()W:$/&(.*)%&$+&-*(0N&+$L/**1:;;,-&(-80]8)28,7;p405<BC?h;6036&+8/*35M$L
A(2/.O&+$L/**1:;;44484&62.*)*.0'80(%;hCQ0)\7Y#M$)*$=&6I.*&M
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
[(.'%$P&$*0$R.<&
DB
H6*#/'J%'3"'L*G%
#0($*/&$H/0,-)'+$#00*$k(,*2/$-0'%>$-&&$[(.'%$P&$*0$R.<&$LH/0,-)'+$#00*$k(,*2/$-0'%M8
`H6*#/'J%'3"'L*G%`
7*#/9%[1>';4-#%$)%#)%'G%-3&6*#/'=-&9'J)!">
G6",'3F%'-91&,';.55%#
H+$*(%
K#)(*/&($A4)NK>$KP.--.'%K
N%9%-$%(
A1(.5$??>$?BBF
I"6,-3
I"$-.'%5&>$"m"$-.'%5&>$+.%.*)5$+04'50)+
N%)"6(%(
?BB?j$Z2&)'$9*,+.0->$[,(6)'7>$I)5.<0('.)
M%#6%
A5*&(')*.O&$3&*)5>$()1$(027>$',$3&*)5
L%#/3F
F:_@
L-1%9
=.'+J,1
R6*3%6X$Y
A3N$R&&>$[&'$P00+N>$")O.+$^0+%&-
=6"(&)%6X$Y
")O&$#0(*3)'
!%63*G*)-3*"# ?‹$!5)*.',3$LAXQAM
!5)*.',3$LXQAAM
;4-#%$)%#)%'$*#/9%$')F6"#"9"/>
K\0.'%
G'+&(K
L?BBFM
KH6*#/'J%'3"
L*G%K
L?BBFM
J&$*)'4*(%"
UCV$
K[(.'%$P&$*0$R.<&K$
0'$l0,H,6&
KH6*#/' J%' 3"' L*G%K$ .-$ )$ -0'%$ 6N$ A3&(.2)'$ (027$ 6)'+$ aO)'&-2&'2&8$ Q*$ 4)-$ 4(.**&'$ 6N$ A3N$ R&&>$ [&'$ P00+N$ )'+
")O.+$^0+%&-$)'+$1(0+,2&+$6N$")O&$#0(*3)'8$Q*$)5-0$<&)*,(&-$%,&-*$O02)5-$<(03$!),5$P2I0N$0<$*/&$6)'+$C?$9*0'&-8
=.'+J,1$(&5&)-&+$K[(.'%$P&$*0$R.<&K$.'$?BBF$)-$*/&$5&)+$-.'%5&$<(03$aO)'&-2&'2&c-$+&6,*$-*,+.0$)56,3>$A7,,(#8$H/&
-0'%$+&5.O&(-$%&'(&-$<(03$)5*&(')*.O&$3&*)5$*0$()1$(027$)'+$%0*/.2$3&*)5$)30'%$0*/&(-8
A220(+.'%$ *0$ R&&>$ K[(.'%$ P&$ *0$ R.<&K$ /)-$ -&O&()5$ 3&)'.'%-$ )'+$ .'-1.()*.0'-j$ .*-$ -,6Y&2*-$ )(&$ )'$ .'2.+&'*$ .'$ )
(&-*),()'*>$ 01&'J3.'+&+'&-->$ )'+$ 4)7.'%$ ,1$ *0$ */&$ */.'%-$ 4/.2/$ )(&$ 3.--.'%$ .'$ */&$ 1(0*)%0'.-*c-$ 5.<&8$ R&&$ 5)*&(
(&O&)5&+$*/)*$*/&$-0'%$4)-$.'-1.(&+$6N$/&($50'%J*.3&$<(.&'+$)'+$/,-6)'+$g0-/$^)(*S5&(8$I(.*.2)5$(&-10'-&$*0$*/&$-0'%
4)-$30-*5N$10-.*.O&>$2(.*.2-$1().-.'%$*/&$3&50+N$0<$*/&$-0'%>$R&&c-$O02)5-$)'+$*/&.($)22031)'.3&'*$6N$P2I0N8
#05504.'%$*/&$.'25,-.0'$0<$K[(.'%$P&$*0$R.<&K$0'$*/&$870(5(:*,'-0,'+*()27>$.*$/)-$6&203&$)$2033&(2.)5$)'+$2(.*.2)5
-,22&--$*011.'%$*/&$2/)(*-$.'$A,-*()5.)>$*/&$G'.*&+$k.'%+03$)'+$Q*)5N8$Q*$2/)(*&+$.'$*/&$*01$*&'$.'$30(&$*/)'$<.<*&&'
20,'*(.&-$ .'25,+.'%$ */&$ G'.*&+$ 9*)*&->$ A(%&'*.')>$ \&(3)'N$ )'+$ f&4$ q&)5)'+8$ K[(.'%$ P&$ *0$ R.<&K$ 4)-$ 2&(*.<.&+
!5)*.',3$6N$*/&$X&20(+.'%$Q'+,-*(N$A--02.)*.0'$0<$A3&(.2)$LXQAAM$)'+$*4.2&$!5)*.',3$6N$*/&$A,-*()5.)'$X&20(+.'%
Q'+,-*(N$ A--02.)*.0'$ LAXQAM8$ H/&$ 5N(.2-$ 0<$ */&$ -0'%$ /)O&$ 6&&'$ .'*&(1(&*&+$ )-$ )$ 2)55$ <0($ '&4$ 5.<&$ .'$ g&-,-$ I/(.-*>
4/.2/$/&51&+$*/&$-0'%$*0$2/)(*$0'$*/&$I/(.-*.)'$(027$2/)(*-8
H/&$6)'+$40'$.'$*/&$2)*&%0(N$<0($[&-*$^)(+$X027$!&(<0(3)'2&$)*$*/&$Dh*/$\()33N$A4)(+-$4/&(&$*/&$-0'%$4)-$)5-0$
'03.')*&+$<0($[&-*$X027$90'%8$H/&$)22031)'N.'%$3,-.2$O.+&0$4)-$+.(&2*&+$6N$!/.5.11$9*Œ5S5j$.*$-/04-$R&&$-.'%.'%
[(.'%$P&$*0$R.<&
)'+$25.36.'%$0'$)$-7N-2()1&($4/.5&$/)O.'%$'.%/*3)(&-$.'$/&($6&+(0038$K[(.'%$P&$*0$R.<&K$4)-$1)(*$0<$*/&$-&*$5.-*
+,(.'%$*/&$#)55&'$)'+$H/&$Z1&'$"00($H0,(8$P)'N$)(*.-*-$(&20(+&+$20O&($O&(-.0'-$0<$*/&$-0'%>$.'25,+.'%$*/&$25)--.2)5
-.'%&($k)*/&(.'&$g&'7.'-$)'+$A3&(.2)'$1.)'.-*>$g0/'$H&-/8$H/&$-0'%$4)-$)5-0$,-&+$0'$-&O&()5$*&5&O.-.0'$-/04-8
H-)./6"&#('-#('6%9%-$%
K9.'2&$4&$(&5&)-&+$U*/&$-0'%V$0'$")(&+&O.5$.*$4&'*$)55$0O&($*/&$40(5+>$4/&*/&($*/&N$4)'*&+$.*$*0$0($'0*>$-0$4&$/)+$<)'-$.'$20,'*(.&4&$/)+$'&O&($6&&'$*0$6&2),-&$*/&N$/)+$*/&$-0,'+*()27$)'+$*/&N$/&)(+$.*$0'$*/&$()+.08$90>$.*$-*)(*&+$6504.'%$,1$)55$0O&($*/&$40(5+$)'+
*/&'$ 4&$ /)+$ )$ (&)-0'$ *0$ *0,($ )55$ 0O&($ */&$ 40(5+8$ A'+$ */)*c-$ /04$ */&$ 4/05&$ .'*&(')*.0')5$ */.'%$ /)11&'&+$ */.-$ &)(5N8$ =/.2/$ .)4&-03&8K
J$A3N$R&&$*)57.'%$)60,*$*/&$(&5&)-&$)'+$*/&$40(5+4.+&$-,22&--$0<$*/&$-0'%8
A220(+.'%$ *0$ A3N$ R&&>$ */&$ -0'%$ /)-$ -&O&()5$ 3&)'.'%->$ */&$ <.(-*$ 6&.'%$ )'$ .'2.+&'*$ )*$ )$ (&-*),()'*8$ ",(.'%$ )'
.'*&(O.&4$ <(03$ )$ *0,($ -*01$ .'$ H,5-)$ -/&$ *05+$ 9/(' Q-$)-#' E/-(#*K:$ KQ$ 4)-$ .'-1.(&+$ *0$ 4(.*&$ .*$ 4/&'$ -03&0'&$ -).+
-03&*/.'%$*0$3&s0$Q$+.+',*$7'04$/.3>$)'+$Q$*/0,%/*$/&$3.%/*$6&$25).(O0N)'*8U888V$Q$4)-$.'$)$(&5)*.0'-/.1$)'+$Q$4)20315&*&5N$,'/)11N8$[,*$Q$4)-$/.+.'%$.*8$Q$4)-$6&.'%$20315&*&5N$)6,-&+$)'+$Q$4)-$*(N.'%$*0$20O&($.*$,1j$Q$40,5+',*
&O&'$)+3.*$.*$*0$3N-&5<8$90$*/&'$Q$/)+$-107&'$3)N6&$CB$0($C_$40(+-$*0$*/.-$%,N>$4/0$4)-$)$<(.&'+$0<$)$<(.&'+8$=&
4&(&$4).*.'%$<0($&O&(N0'&$&5-&$*0$-/04$,1>$)'+$4&$4&'*$.'*0$)$(&-*),()'*$)'+$%0*$)$*)65&8$A'+$/&$5007&+$)*$3&$)'+
-).+>$3A(&$N0,$/)11Ni,$A'+$Q$<&5*$3N$/&)(*$5&)1>$)'+$Q$4)-$5.7&>$/&$*0*)55N$7'04-$4/)*$Q,3$*/.'7.'%8$A'+$Q$5.&+>$Q$-).+
Q$ 4)-$ <.'&8$ A'N4)N>$ /&,-$ '0*$ (&)55N$ 25).(O0N)'*8$ [,*$ /&$ *$' )$ -02.050%N$ 3)Y0(8K$ R&&$ -).+$ .'$ )$ m^C$ .'*&(O.&4:
KZ1&'J3.'+&+'&--8$ Q*c-$ )60,*$ 4)7.'%$ ,1$ *0$ )55$ */&$ */.'%-$ N0,cO&$ 6&&'$ 3.--.'%$ <0($ -0$ 50'%8$ Z'&$ +)N$ -03&0'&$ -).+
-03&*/.'%$*/)*$3)+&$3N$/&)(*$()2&$<0($)$-&20'+$)'+$Q$(&)5.S&+$*/)*$<0($30'*/-$Qc+$6&&'$',36>$Y,-*$%0.'%$*/(0,%/$*/&
30*.0'-$ 0<$ 5.<&8K$ ",(.'%$ )'$ .'*&(O.&4$ 4.*/$ Q,(#5(0>$ R&&$ 25).3&+$ */)*$ -/&$ 4(0*&$ K[(.'%$ P&$ *0$ R.<&K$ )60,*$ /&(
50'%*.3&$<(.&'+>$g0-/$^)(*S5&(>$4/03$-/&$3)((.&+$.'$?BB@8
K[(.'%$P&$*0$R.<&K$4)-$(&5&)-&+$0'$A1(.5$??>$?BBFj$.*$4)-$*/&$<.(-*$-.'%5&$<(03$*/&$6)'+c-$+&6,*$)56,3>$A7,,(#8$H/&
)56,3c-$ 01&'.'%$ *()27>$ K\0.'%$ G'+&(K>$ 4)-$ .'.*.)55N$ 15)''&+$ *0$ 6&$ */&$ <.(-*$ -.'%5&>$ 6,*$ */&$ )<*&($ */&$ (&5&)-&$ 0<$ */&
870(5(:*,' -0,'+*()27>$ .*$ 4)-$ 2/)'%&+$ *0$ */&$ )56,3c-$ -&20'+$ -.'%5&8=.7.1&+.):I.*)*.0'$ '&&+&+$ =.'+J,1
a'*&(*).'3&'*$1(&-.+&'*;IaZ$a+$m&*(.>$(&O&)5&+$*/)*$4/&'$*/&$5)6&5$4)-$1,-/.'%$*/&$-0'%$*0$*/&$()+.0>$04'&(-$-*)*&+
K=&$+0'c*$15)N$1.)'0-$)'+$2/.27-$0'$(027$()+.08K$^04&O&(>$4/&'$K[(.'%$P&$*0$R.<&K$4)-$(&5&)-&+$0'$*/&$870(5(:*,
-0,'+*()27>$5.-*&'&(-$+&3)'+&+$*/&$()+.0$*0$15)N$*/&$-0'%8$H/&$-.'%5&$.'25,+&-$K#)(*/&($A4)NK$)-$)$[J-.+&$)'+$(&<&(*0$.*$)-$*/&$)56,3$O&(-.0'j$/04&O&(>$*/&$*()27$0(+&($0<$A7,,(#'4)-$'0*$<.')5.S&+$)*$*/&$*.3&$0<$.*-$(&5&)-&$)'+$*/&$*()27
4)-$03.**&+$<(03$*/&$)56,38$H/&$<.(-*$1(&--.'%$0<$*/&$A,-*()5.)'$-.'%5&$20'*).'&+$*/&$*()27$KP.--.'%K$)-$)$[J-.+&>$6,*
*/.-$4)-$03.**&+$<(03$5)*&($1(&--.'%-$)'+$5)*&($(&5&)-&+$)-$)$60',-$*()27$0'$*/&$6)'+c-$<.(-*$5.O&$)56,3>$?#<@/(0('2&)
B-;(8$H40$+&30$O&(-.0'-$0<$K[(.'%$P&$*0$R.<&K$4&(&$5&)7&+$*0$*/&$1,65.28$H/&N$<&)*,(&$30(&$.'+,-*(.)5$1.&2&-$0<
3,-.2$)'+$*/&$)6-&'2&$0<$!),5$P2I0Nc-$%,&-*$O02)5-8$A'$)20,-*.2$O&(-.0'$4)-$(&20(+&+$)'+$(&5&)-&+$0'$*/&$Q0*#.
J(' )-' W*+(' "m"8$ 9&O&()5$ 0*/&($ O&(-.0'-$ 0<$ */&$ *()27$ /)O&$ 6&&'$ (&5&)-&+>$ -,2/$ )-$ (&3.]&->$ )20,-*.2$ )'+$ )5*&(&+
O&(-.0'-8$ H/&$ 5.O&$ O&(-.0'$ <&)*,(&+$ 0'$ */&$ ?#<@/(0(' 2&)' B-;(' "m"$ 20'*).'-$ )$ 1.)'0$ )'+$ O02)5$ -050$ 6&<0(&$ */&
-0'%c-$.'*(0$)'+$<&)*,(&-$g0/'$R&I031*$1&(<0(3.'%$%,&-*$O02)5-8
DC
[(.'%$P&$*0$R.<&
D?
N%)"6(*#/'-#(')",:"$*3*"#
K[(.'%$ P&$ *0$ R.<&K$ 4)-$ 4(.**&'$ 6N$ A3N$ R&&>$ [&'
P00+N$ )'+$ ")O.+$ ^0+%&-$ <0($ */&.($ <.(-*$ -*,+.0$ )56,3
A7,,(#8$ X&20(+.'%$ 40(7$ <0($ A7,,(#' -*)(*&+$ )*$ Z2&)'
9*,+.0-$ .'$ [,(6)'7>$ I)5.<0('.)>$ 4/&(&$ 30-*$ 0<$ K[(.'%
P&$ *0$ R.<&K$ 4)-$ (&20(+&+>$ 1(.0($ *0$ <,55$ )56,3
1(0+,2*.0'8$ H/&$ -0'%$ 4)-$ 3.]&+$ 6N$ g)N$ [),3%)(+'&(
.'$ /.-$ -*,+.0>$ fX\$ X&20(+.'%$ 9*,+.0-$ .'$ f0(*/
^055N400+>$ 0'$ )'$ 99R$ dBBB$ g8$ A$ ??J1.&2&$ -*(.'%
-&2*.0'$4)-$(&20(+&+$.'$9&)**5&$6N$P)(7$I,((N8$K[(.'%
I(.*.2-$'0*&+$*/)*$K[(.'%$P&$*0$R.<&K$/)+$)$-.3.5)($-0,'+$4.*/$-0'%P&$ *0$ R.<&K$ 4)-$ 3.]&+$ )*$ */&$ f&43)'$ 920(.'%$ 9*)%&
6N$A3&(.2)'$(027$6)'+$R.'7.'$!)(78
)'+$[05&(0$9*,+.0->$60*/$.'$R0-$A'%&5&-8$H/&$0(2/&-*()
1)(*-$ 4&(&$ )(()'%&+$ 6N$ ")O.+$ ^0+%&-$ )'+$ ")O.+
I)316&558$",(.'%$)'$.'*&(O.&4>$R&&$(&2)55&+$*/)*$+,(.'%$*/&$(&20(+.'%$1(02&--$0<$*/&$-0'%$.*$4)-$-).+$*0$/&($*/)*$*/&
-0'%$3,-*$/)O&$3)5&$O02)5-:$KQ*$4)-$1(&-&'*&+$*0$3&$)->$cl0,c(&$)$%.(5$-.'%.'%$.'$)$(027$6)'+>$*/&(&c-$'0*/.'%$&5-&
5.7&$ */)*$ 0,*$ */&(&>$ '060+Nc-$ %0.'%$ *0$ 5.-*&'$ *0$ N0,8$ l0,$ '&&+$ )$ %,N$ *0$ 203&$ .'$ )'+$ -.'%$ 6)27J,1$ <0($ .*$ *0$ 6&
-,22&--<,58cK
A220(+.'%$*0$*/&$-/&&*$3,-.2$1,65.-/&+$6N$A5<(&+$P,-.2$!,65.-/.'%$0'$*/&$4&6-.*&$P,-.2'0*&-8203>$K[(.'%$P&$*0
R.<&K$.-$)$(027>$)5*&(')*.O&$3&*)5>$/)(+$(027>$2/)36&($101$)'+$%0*/.2$3&*)5$-0'%$-&*$.'$)$20330'$*.3&$)'+$1&(<0(3&+
.'$)$30+&()*&$*&310$0<$d_$6&)*-$1&($3.',*&8$Q*$.-$4(.**&'$.'$*/&$7&N$0<$a$3.'0($)'+$R&&c-$O02)5$()'%&$<0($*/&$-0'%
(,'-$<(03$*/&$'0*&$A *0$" 8$Q'$*/&$-0'%>$!),5$P2I0N$-.'%-$*/&$5.'&-$K=)7&$3&$,1;$Q$2)'c*$4)7&$,1;$9)O&$3&•K$.'$)
F$
_
()1$-*N5&8$C)>'E()(0$2&0.'9*;($c$[(.)'$Z(50<<$2)55&+$*/&$-0'%$)$K88860<<0$/.*K$.'$4/.2/$R&&$-)'%$*/&$5.'&-$KcI)55$3N
')3&$ )'+$ -)O&$ 3&$ <(03$ */&$ +)(7c$ 0O&($ -,(%.'%$ %,.*)(-8K$ A''$ !04&(-$ <(03$ */&$ J*,@7&F((' Z-&0#7,' C(#)*#(,' 4(0*&:
Kc[(.'%$ P&$ *0$ R.<&>c$ 4.*/$ .*-$ 5N(.2)5$ +()3)$ )'+$ 2(,'2/N$ %,.*)(->$ 6()'+&+$ */&$ 6)'+$ )-$ 0O&(+0'&$ ',J3&*)58K$ k(.-*.
H,('W,.-*$0<$9/('40(.-#*7#'2)55&+$*/&$-0'%$)$104&($6)55)+8$g0&$"cA'%&50$<(03$PHm$4(0*&$*/)*$*/&$K888*00*/N$(.<<-K
0<$ -0'%-$ 5.7&$ K\0.'%$ G'+&(K$ )'+$ K[(.'%$ P&$ *0$ R.<&K$ 3.%/*$ -,%%&-*$ */)*$ K888f060+Nc-$ ^03&K$ L?BB_M$ <(03$ AO(.5
R)O.%'&c-$-&20'+$-*,+.0$)56,3$]#5(0'J<'CF*#'4.55$-0,'+$5.7&$K)'$aO)'&-2&'2&$-0'%$4.*/$AO(.5>$'0*$A3N$R&&>$0'
O02)5-8K
1-,,*#.'C)-#(c-$k.(7$P.55&($4(0*&$*/)*:$K888*/)'7-$*0$*/&$-0'%c-$+.%.*)5$6&)*->$25&)'$3&*)5J%,.*)($(.<<->$-2)**&(&+$1.)'0
5.'&-$)'+$)55J*00J<)3.5.)($3.]$0<$()11.'%$)'+$-.'%.'%K>$K.*$4)-$-.3.5)($*0$R.'7.'$!)(7c-$3)*&(.)58$f.27$I)*,22.$0<$9/(
f*,,7.('f-*!('<0,'+$K8881.)'0$*.'75&->$R&&c-$6(&)*/5&--$7&&'>$+()3)*.2$1),-&->$%,.*)(-$5.7&$250,+-$0<$502,-*->$U)'+V$C?
9*0'&-$ -.'%&($ !),5$ P2I0Nc-$ 1)--.'%JC?J7.+'&NJ-*0'&-$ %,&-*$ O02)5-8K$ m.7$ [)'-)5$ 0<$ 3,-.2ZP^$ 2031)(&+
aO)'&-2&'2&c-$04'$-0'%$K\0.'%$G'+&(K$4.*/$K[(.'%$P&$*0$R.<&K>$'0*.'%$*/&.($-.3.5)(.*N$*0$R.'7.'$!)(7c-$3)*&(.)58
R&&$ -).+>$ +,(.'%$ )'$ .'*&(O.&4$ 4.*/$ PHm$ f&4-:$ K[)-.2)55N>$ 4&$ %0$ */(0,%/$ 5.<&$ &O&(N$ +)N>$ 7.'+$ 0<$ +0.'%$ */&$ -)3&
*/.'%>$ %0.'%$ */(0,%/$ */&$ 30*.0'->$ )'+$ '0*/.'%$ 1/)-&-$ ,-$ <0($ */&$ 30-*$ 1)(*8$ H/&'$ 0'&$ +)N$ -03&*/.'%$ /)11&'-$ */)*
4)7&-$ UN0,V$ ,1$ )'+$ 3)7&-$ UN0,V$ (&)5.S&$ */)*$ */&(&c-$ 30(&$ *0$ 5.<&$ */)'$ Y,-*$ <&&5.'%$ '0*/.'%>$ <&&5.'%$ ',368$ Q*c-$ )-$ .<
UN0,cO&V$'&O&($<&5*$6&<0(&$)'+$Y,-*$(&)5.S&+$*/&(&c-$*/.-$4/05&$40(5+$0<$&30*.0'$0($3&)'.'%$*/)*$UN0,cO&V$'&O&($-&&'
6&<0(&8$Q*c-$Y,-*$5.7&>$c=04>$QcO&$6&&'$)-5&&1$)55$*/.-$*.3&8cK
N%)%:3*"#'-#('-))"9-(%$
A220(+.'%$ *0$ 9/(' Q-$)-#' Y,-2(>$ */&$ -0'%$ K888.-$ )$ 3.]$ 0<$ R&&c-$ &*/&(&)5$ -01()'0>$ 1.)'0$ .'*&(5,+&->$ )'+$ 5)N&(-$ 0<$
-&(()*&+$%,.*)($2(,'2/$*/)*$20'Y,(&$O.-.0'-$0<$9)()/$P2R)2/5)'$<(0'*.'%$\0+-3)278K$Q'$/.-$(&O.&4$0<$aO)'&-2&'2&c-$
-&20'+$ -*,+.0$ )56,3>$ 9/(' 46(#' 8--0>$ [(&'+)'$ [,*5&($ 0<$ I.'&3)$ [5&'+$ 2031)(&+$ K94&&*$ 9)2(.<.2&K$ L?BB@M$ 4.*/$
K[(.'%$P&$*0$R.<&K$2)55.'%$*/&3$K888()+.0J<(.&'+5N$-0'%-8K$g)-0'$f)/(,'%$0<$H/&$I0,(.&(JP).5$2)55&+$*/&$-0'%$K888)'$
&)(J%()66&(K8$A+(.&'$[&'%()+$0<$*/&$4&6-.*&$!01P)**&(-$-).+$*/)*$R&&$)'+$P2I0N$3)+&$K[(.'%$P&$*0$R.<&K$-0,'+
[(.'%$P&$*0$R.<&
K8885.7&$)$50O&$-0'%$6&*4&&'$)$R.5.*/$#).($%.(5$)'+$)'$ZSS<&-*$+,+&8K$[5).($X8$#.-2/&($<(03$PHm$f&4-$2)55&+$*/&$-0'%
)$K888,6.W,.*0,-$()1J(027$20'<&2*.0'K8$k&5&<)$9)''&/$0<$9/('R(@'m-0F'9*;($'-).+$*/)*$K[(.'%$P&$*0$R.<&K$K888<50)*5.7&$)$6,**&(<5N>$-*.'%-$5.7&$)$6&&$)'+$*/&'$/.*-$5.7&$)$6(.278K$X.2/)(+$^)((.'%*0'$<(03$9/('V7$/*#.)-#'E-$)'2)55&+
K[(.'%$P&$*0$R.<&K$)$K8882(,'2/.'%$3&*)55.2K$-0'%$4/.2/$/&51&+$*/&$6)'+$*0$4.'$)$\()33N$A4)(+8$g0&$"cA'%&50
2)55&+$ .*$ )'$ K888,'(&5&'*.'%$ 1)&)'$ */)*$ 6&%.'-$ )-$ /),'*.'%5N$ +&5.2)*&K$ )'+$ */)*$ KR&&c-$ O02)5-$ -0)($ )60O&$ */&$ 4/05&
-5,+%N$3.]*,(&$*0$7&&1$.*$<(03$-.'7.'%$.'*0$*.(&+$3&+.02(.*N8K
A''$!04&(-$<(03$*/&$J*,@7&F(('Z-&0#7,'C(#)*#(,'2)55&+$*/&$-0'%$)$K8883.]$0<$O05,1*,0,-$-.'%.'%$)'+$3&*)55.2$%,.*)(
L*/&$5)**&($&'/)'2&+$6N$%,&-*$O02)5.-*$!),5$P2I0Nc-$()1J(027$+&25)3)*.0'-MK8$[(N)'$X&&-&3)'$0<$J*K'4(0*&$*/)*$*/&
-0'%$4)-$)$K888%()'+.0-&$)'+$300+N$-.'%5&K$4/.2/$<&)*,(&-$)$K888+()3)*.2$*()+&J0<<K$6&*4&&'$R&&$)'+$P2I0N8$=/.5&
(&O.&4.'%$aO)'&-2&'2&c-$-&20'+$-*,+.0$)56,3>$"0'$k)N&$0<$[5)66&(30,*/8'&*$1().-&+$*/&$-0'%-$0'$9/('46(#'8--0
-)N.'%$*/)*$*/&N$5)27&+$K888*/&$)''0N.'%$<),]J()11.'%$*/)*$4)-$)$7&N$20310'&'*$0<$*/&$6)'+c-$<.(-*$6.%$/.*>$c[(.'%$P&
H0$R.<&c$L/&(&c-$/01.'%$*/)*$30(&$(027$6)'+-$<&&5$5&--$1(&--,(&$*0$.'25,+&$-03&$-0(*$0<$/.1J/01$'0+$0'$*/&.($(&20(+-M8K
")O.+$!&-2/&7$0<$9/('Y&705*7#'-).+:$KH)7&$)4)N$*/&$.+&'*.7.*$(027$(.<<-$)'+$[(.'%$P&$*0$R.<&$20,5+$6&$)$[(.*'&N
91&)(-$ -0'%>$ 0($ 0'&$ 0<$ */0-&$ 2/&&-.5N$ 10(*&'*0,-$ *&2/'0J101$ 3.'.J-N31/0'.&-$ <0($ */&$ \)*&2()-/&($ 7.+-8K$ f.27
I)*,22.$0<$9/('f*,,7.('f-*!('2031)(&+$*/&$-0'%$4.*/$40(7-$6N$A3&(.2)'$(027$6)'+$I(&&+>$)'+$-).+$*/)*$.*$-0,'+5.7&$ )$ K2/,(2/J6,('.'%>$ 6().'J&)*.'%$ a,(01&)'$ +)(7$ 3&*)58K$ g0/'$ ^00+$ 0<$ J*7;*' R(@' 9*;($' 2)55&+$ K[(.'%$ P&$ *0
R.<&K$)$K888$/,%&>$/&)ON>$)'+$3.%/*.5N$/.-*(.0'.2K$-0'%$4/.5&$20315.3&'*.'%$P2I0Nc-$K888$()1J.'<,-&+$%(,<<K$)'+$R&&c-0)(.'%$O0.2&8
[.55$R)36$0<$A60,*8203$15)2&+$*/&$-0'%$)*$',36&($*4&5O&$0'$/.-$5.-*>$KH01$CBB$!01$90'%-$?BBFK$)'+$',36&($-&O&'
0'$/.-$5.-*>$KH01$CB$!01$90'%-$1$9,33&($?BBFK8$)'+$4(0*&:$KaO)'&-2&'2&$65)-*&+$0'*0$*/&$101$-2&'&$-&&3.'%5N$0,*
0<$ '04/&(&$ 4.*/$ */.-$ 3)--.O&$ /.*$ -.'%5&8K$ K[(.'%$ P&$ *0$ R.<&K$ 40'$ )$ \()33N$ A4)(+$ <0($ [&-*$ ^)(+$ X027
!&(<0(3)'2&$)*$*/&$Dh*/$\()33N$A4)(+-8$H/&$-0'%$4)-$'03.')*&+$.'$*/&$2)*&%0(N$<0($[&-*$X027$90'%$)*$*/&$-)3&
&O&'*$6,*$50-*$*0$K9&O&'$f)*.0'$A(3NK$6N$H/&$=/.*&$9*(.1&-8$K[(.'%$P&$*0$R.<&K$40'$)'$)4)(+$<0($I/0.2&$P,-.2
X027$H()27$)*$*/&$H&&'$I/0.2&$A4)(+-$.'$?BBD8$A*$*/&$?BBF$PHm$m.+&0$P,-.2$A4)(+-$*/&$6)'+$4)-$'03.')*&+$.'
*/&$2)*&%0(N$<0($[&-*$f&4$A(*.-*$<0($K[(.'%$P&$*0$R.<&K8$H/&$-0'%$4)-$'03.')*&+$)*$*/&$?BBF$PHm$a,(01&$P,-.2
A4)(+-$<0($[&-*$90'%8$A*$*/&$CD*/$)'',)5$[.5560)(+$P,-.2$A4)(+->$.*$40'$*/&$)4)(+$<0($90,'+*()27$9.'%5&$0<$*/&
l&)(8$H/&$-0'%$()'7&+$',36&($hd$0'$m^Cc-$CBB$\(&)*&-*$90'%-$0<$*/&$?BBB-8
!F-63':%6G"6,-#)%
K[(.'%$ P&$ *0$ R.<&K$ 1&)7&+$ 4.*/.'$ */&$ *01$ CB$ 0<$ 30(&$ */)'$ C_$ 20,'*(.&->$ )'+$ 4.*/.'$ */&$ *01$ ?B$ 0<$ -&O&()5$ 0*/&(
20,'*(.&->$3)7.'%$.*$*/&$6)'+c-$30-*$-,22&--<,5$-.'%5&$*0$+)*&8$Q*$4)-$2&(*.<.&+$!5)*.',3$.'$?BBF$<0($-&55.'%$30(&$*/)'
0'&$3.55.0'$201.&-$.'$*/&$G'.*&+$9*)*&-8$Q*$*011&+$*/&$Q*,,2-705$A5*&(')*.O&$90'%-$)'+$!01$CBB$2/)(*-$)'+$1&)7&+$)*
',36&($<.O&$0'$*/&$Q*,,2-705'^0*$CBB8$Q*$)5-0$1&)7&+$)*$',36&($<0,($0'$*/&$A+,5*$!01$90'%-$2/)(*8$H/&$-0'%$.'.*.)55N
1&)7&+$ 4.*/.'$ */&$ I/(.-*.)'$ (027$ 2/)(*-$ )-$ 4&55>$ 6&2),-&$ .*-$ 5N(.2-$ 4&(&$ .'*&(1(&*&+$ )-$ )$ 2)55$ <0($ '&4$ 5.<&$ .'$ g&-,I/(.-*$6N$-&O&()5$5.-*&'&(-8$K[(.'%$P&$H0$R.<&K$2/)(*&+$)*$',36&($@F$0'$Q*,,2-705c-$[&-*$0<$*/&$?BBB-$X027$90'%I/)(*>$*/&$0'5N$-0'%$6N$)$<&3)5&J5&+$6)'+$0'$*/)*$2/)(*8$H/&$-0'%$*011&+$*/&$2/)(*-$0<$A,-*()5.)>$[&5%.,3>$Q*)5N$)'+
*/&$ G'.*&+$ k.'%+038$ Q*$ 1&)7&+$ 4.*/.'$ */&$ *01$ _$ 0<$ A,-*(.)>$ I)')+)>$ #()'2&>$ Q(&5)'+>$ \&(3)'N>$ f&4$ q&)5)'+>
f0(4)N>$f&*/&(5)'+->$)'+$94&+&'8$Z'$*/&$AXQA$9.'%5&-$I/)(*>$K[(.'%$P&$*0$R.<&K$1&)7&+$)*$',36&($0'&$4/&(&$.*
-*)N&+$<0($-.]$4&&7-8
K[(.'%$ P&$ *0$ R.<&K$ 2/)(*&+$ 4.*/.'$ */&$ *01$ ?B$ 0<$ &O&(N$ 0*/&($ 20,'*(N$ 0<$ .*-$ (&5&)-&8$ H/&$ -0'%$ -1&'*$ <0,($ 4&&7-$ )*
',36&($0'&$.'$*/&$G'.*&+$k.'%+03$)'+$/&51&+$A7,,(#'(&)2/$',36&($0'&$0'$*/&$Gk$A56,3-$I/)(*8$H/&$-0'%$)5-0
*011&+$*/&$a,(01&)'$^0*$CBB$2/)(*8$Z'$g,'&$D>$?BCC>$*/&$-0'%$(&*,('&+$*0$*/&$*01$0<$*/&$Gk$X027$9.'%5&-$I/)(*>
&.%/*$N&)(-$)<*&($.*-$(&5&)-&>$(&3).'.'%$)*$',36&($0'&$<0($*40$4&&7->$0'$g,'&$CC>$?BCC$*0$g,'&$?_>$?BCC8$Q*$<&55$*0
',36&($ *40>$ (&3).'.'%$ */&(&$ <0($ */(&&$ 4&&7->$ )'+$ 0'$ g,5N$ C@>$ ?BCC>$ K[(.'%$ P&$ *0$ R.<&K$ (&*,('&+$ *0$ ',36&($ 0'&
)%).'$)'+$(&3).'&+$*/&(&$<0($*/(&&$4&&7-8$H/&$-0'%$(&3).'&+$4.*/.'$*/&$*01$CB$.'*0$Z2*06&($?BCC8$A-$0<$Z2*06&(
?BCCU?V>$*/&$-0'%$/)-$-05+$30(&$*/)'$_CC>_BB$201.&-$.'$*/&$G'.*&+$k.'%+038
DF
[(.'%$P&$*0$R.<&
J&$*)'4*(%"
H/&$)22031)'N.'%$3,-.2$O.+&0$<0($K[(.'%$P&$*0$R.<&K$4)-$+.(&2*&+$6N$!/.5.11$9*Œ5S58$A<*&($*/&$-,22&--$0<$*/&$O.+&0>
R&&$(&2&.O&+$-03&$<.53$0<<&(-8$H)57.'%$)60,*$*/&$O.+&0>$9*Œ5S5$-).+:$KZ'$*/&$0'&$/)'+>$.*$6(.'%-$0,*$*/&$30-*$2)*2/N
1)(*$0<$*/&$-0'%>$*/&$6(.+%&>$*/&$+,&*$4.*/$*/&$3)5&$)'+$<&3)5&$O02)5-8$Z'$*/&$0*/&($/)'+>$.*$(&<5&2*-$*/&$Uc")(&+&O.5cV
-0,'+*()27$ 6)27%(0,'+$ 0<$ */&$ -0'%8$ Q$ +.+$ '0*$ 7'04$ .<$ Q$ 40,5+$ /)O&$ *0$ ,-&$ )$ -*,'*$ +0,65&$ <0($ 30-*$ 0<$ */&$ )'%5&->
4/.2/$40,5+$/)O&$(&-*(.2*&+$3&$)$50*>$6,*$*/&'$.*$*,('&+$0,*$*/)*$A3N$+.+$&O&(N*/.'%$/&(-&5<>$/)'%.'%$0'$!),5c-$)(3
<0($/0,(-$4.*/0,*$%&**.'%$*.(&+8$Q'$*/&$&'+>$-/&$.-$*/&$0'&$4/0$3)+&$*/)*$-/0*$-*(0'%8K
H/&$O.+&0$6&%.'-$4.*/$A3N$R&&$+(&--&+$.'$)$'.%/*%04'>$6)(&<00*$)'+$)-5&&1$.'$)$6&+$4.*/.'$)$6,.5+.'%>$+(&)3.'%$0<
<)55.'%$*/(0,%/$*/&$).($6&504$)$-7N-2()1&(8$A-$*/&$2/0(,-$6&%.'->$*/&$6)'+$)'+$!),5$P2I0N$)(&$1&(<0(3.'%$.'$)'0*/&(
(003$)-$R&&$)4)7&'-$)'+$3)7&-$/&($4)N$*0$*/&$4.'+048$R&&$25.36-$0,*$0<$*/&$4.'+04$)'+$25.36-$*/&$6,.5+.'%$,'*.5
-/&$(&)2/&-$*/&$4.'+04$0<$*/&$(003$4/&(&$*/&$6)'+$.-$1&(<0(3.'%8$",(.'%$*/&$6(.+%&>$P2I0N$'0*.2&-$R&&$)'+$01&'*/&$ 4.'+04>$ 4/.2/$ 2),-&-$ /&($ *0$ 50-&$ /&($ 6)5)'2&>$ )'+$ -/&$ %()6-$ */&$ 5&+%&8$ H/(0,%/0,*$ */&$ 6(.+%&$ )'+$ 2/0(,->
P2I0N$,'-,22&--<,55N$)**&31*-$*0$(&)2/$R&&>$4/0$<)55-$0<<$*/&$6,.5+.'%8$^04&O&(>$-/&$.-$-/04'$)-5&&1$.'$/&($6&+
)%).'8
A''$!04&(-$<(03$*/&$J*,@7&F(('Z-&0#7,'C(#)*#(,'4(0*&:$Kl0,$3.%/*$'0*$.33&+.)*&5N$(&20%'.S&$A3N$R&&c-$')3&>
6,*$ N0,$ 40,5+$ 7'04$ /&($ .<$ -/&$ 15,33&*&+$ 1)-*$ N0,$ <(03$ */&$ *01$ <500($ 0<$ )$ *&'&3&'*$ 6,.5+.'%K$ )'+:$ KH/)*c-$ /04
)'N0'&$4.*/$6)-.2$2)65&$<.(-*$-)4$*/&$-.'%&($<0($*/&$6)'+$aO)'&-2&'2&>$.'$*/&$O.+&0$<0($*/&$-0'%$K[(.'%$P&$*0$R.<&K:
<)55.'%$6)274)(+$.'$-504$30*.0'>$/&($/).($,'<05+.'%$5.7&$)$50'%$65)27$O&.5$)-$-/&$/&)+&+$<0($/)(+$1)O&3&'*$6&5048K
A220(+.'%$ *0$ g0&$ "cA'%&50$ 0<$ PHm$ f&4->$ R&&c-$ K888*&&*&(.'%$ 0'$ )$ 5&+%&K$ .'$ */&$ O.+&0$ -/04-$ )$ K888+.-*(&--&+$ )'+
&30*.0')55N$ 4(0,%/*$ /&(0.'&8K$ I0(&N$ P0--$ 0<$ PHm$ 4(0*&:$ K8882&(*).'5N$ )-$ .'*&'-&$ )-$ )$ -,1&(/&(0$ 30O.&>$ */&
-&W,&'2&$ )5-0$ %.O&-$ )$ '.2&$ O.-,)5$ *0$ */&$ -0'%c-$ 30-*$ 3&30()65&$ 5N(.2>$ c9)O&$ 3&8cK$ PHmc-$ \.5$ k),<3)'$ 4(0*&$ */)*
K888-.'%&($A3N$R&&$+(&)3-$*/)*$-/&$/)-$-,1&($91.+&N$104&(->$25.36-$,1$*/&$0,*-.+&$0<$)$6,.5+.'%>$-1.&-$0'$/&($2(&&1N
'&.%/60(->$*/&'$15,'%&-$.'*0$*/&$)6N--K$)'+$)++&+>$K888&O&'$.<$N0,($60N<(.&'+$.-$)$6,<<$()1J(027&($%,N>$/&$3.%/*$'0*
6&$)65&$*0$-)O&$N0,$<(03$<)55.'%$0<<$)$?BJ-*0(N$6,.5+.'%$*0$N0,($+&)*/8$A'+$+0'c*$15)N$0'$5&+%&-$.'$)$6.5504N$+(&--$0'
4.'+N$+)N-8K$g0/'$^00+$0<$J*7;*'R(@'9*;($'4(0*&$*/)*$*/&$K%0*/0105.-$6)27+(01K$,-&+$.'$*/&$O.+&0>$K40,5+$3)7&
H.3$ [,(*0'$ %(&&'$ 4.*/$ &'ON8K$ H/&$ 3,-.2$ O.+&0$ <0($ K[(.'%$ P&$ *0$ R.<&K$ 4)-$ '03.')*&+$ )*$ */&$ ?BBD$ PHm$ m.+&0
P,-.2$A4)(+-$<0($[&-*$X027$m.+&08
DD
[(.'%$P&$*0$R.<&
D_
L*4%':%6G"6,-#)%$
aO)'&-2&'2&$ 1&(<0(3&+$ K[(.'%$ P&$ *0$ R.<&K$ )-$ 1)(*$ 0<$ */&$ -&*J5.-*-$ 0<
*/&$#)55&'$)'+$H/&$Z1&'$"00($*0,(-8$H/&$6)'+$1&(<0(3&+$*/&$-0'%$0'
A,%,-*$ CF>$ ?BBF$ .'$ I/.2)%0$ +,(.'%$ */&.($ f.'*&'+0$ #,-.0'$ H0,(8
",(.'%$ */&$ 1&(<0(3)'2&>$ <0(3&($ aO)'&-2&'2&$ %,.*)(.-*$ g0/'$ R&I031*
(&15)2&+$P2I0N$+,(.'%$*/&$-0'%8$A220(+.'%$*0$[5).($X8$#.-2/&(:$KH/&
%,.*)(.-*$+.+$)'$)+&W,)*&$Y06$.3.*)*.'%$P2I0N$4/.5&$/&$5).+$+04'$*/&
-0'%c-$<.&(N>$Q(0'$P).+&'J&-W,&$(.<<8K$H/&$6)'+$1&(<0(3&+$K[(.'%$P&
*0$ R.<&K$ .'$ =)'*)%/>$ f&4$ l0(7$ 0'$ g,5N$ ?F>$ ?BBD8$ A220(+.'%$ *0$ g0&
"cA'%&50$<(03$PHm$f&4-:$K888*/&$3)--.O&$101,5)(.*N$0<$*/&$-0'%$4))$-3)(*$-&*J5.-*$)--&365N$*/)*$/&51&+$*/&$2(04+$(&-10'+$.'$7.'+8K$H/&
-0'%$4)-$1&(<0(3&+$0'$f0O&36&($?C>$?BB@$)*$=)P,$H/&)*&(8
aO)'&-2&'2&$1&(<0(3&+$K[(.'%$P&$*0$R.<&K$)*$*/&$=&6-*&($^)55$.'$f&4
l0(7$ I.*N$ .'$ 9&1*&36&($ ?BBF8$ ",(.'%$ */&$ 1&(<0(3)'2&>$ R&&$ 40(&$ )'
?,*!('*#'V-#5(0,7#5'+(&--$20O&(&+$4.*/$-2()45&+$40(+->$.'25,+.'%$*/&
40(+-$ 8*0)<=' ]$(,($$=' E$<!/-' 7#5' C,&)8$ 9/&$ &]15).'&+$ /&($ (&)-0'-$ <0(
4&)(.'%$ */&$ +(&--8$ Z'$ /&($ 1(&O.0,-$ O.-.*$ *0$ f&4$ l0(7$ I.*N>$ R&&$ /)+
",(.'%$*/&$5.O&$1&(<0(3)'2&-$0<$K[(.'%$P&$*0
3&*$)$"g$<(03$*/&$()+.0$-*)*.0'$kJX027>$4/0$/)+$3)+&$4/)*$-/&$2)55&+
R.<&K>$P2I0N$4)-$(&15)2&+$6N$g0/'$R&I031*8
/0((.65&$2033&'*-$)60,*$*/&$15&)-,(&$/&$/)+$+&(.O&+$<(03$*/&$1.2*,(&
0<$ /&($ <)2&$ 0'$ */&$ 20O&($ 0<$ A7,,(#8$ 9/&$ /)+$ <&5*$ *00$ )-/)3&+$ *0$ -)N
)'N*/.'%>$-0$-/&$+&2.+&+$*0$(&-10'+$*/(0,%/$*/&$+(&-->$4/.2/$(&1(&-&'*&+$-03&*/.'%$.''02&'*$*/)*$/)+$6&&'$*).'*&+8
H/&$6)'+$1&(<0(3&+$K[(.'%$P&$*0$R.<&K$+,(.'%$*/&.($20'2&(*$)*$H/&$\(&)*$9)5*).($0'$Z2*06&($?_>$?BBh8$R&&$40(&$(&+
)'+$65)27>$4.*/$)$-7.(*8$9/&$4)-$2)55&+$)$3)%'&*$0<$*/&$'.%/*$6N$*/&$8($(0()'R(@$c$(&O.&4&($R)((N$"8$I,(*.-8$Z*/&(
1&(<0(3)'2&-$0<$*/&$-0'%$4&(&$.'$P)%')>$G*)/$.'$Z2*06&($?BBh>$)'+$*/&$A.($I)')+)$I&'*(&$.'$g)',)(N$?BB@8$H/&
6)'+$ )5-0$ 15)N&+$ */&$ -0'%$ )*$ )$ -&2(&*$ %.%$ .'$ f&4$ l0(7$ I.*N$ 0'$ f0O&36&($ D>$ ?BBd8$ ",(.'%$ */&.($ 20'2&(*$ )*$ =)(
P&30(.)5$A,+.*0(.,3$.'$f)-/O.55&>$H&''&--&&$0'$A,%,-*$C@>$?BCC>$aO)'&-2&'2&$1&(<0(3&+$K[(.'%$P&$*0$R.<&K$*0
1(030*&$ */&.($ */.(+$ )56,3>$ L:7#($!(#!(8$ H/&N$ )5-0$ 1&(<0(3&+$ */&$ -0'%$ +,(.'%$ */&$ ?BCC$ X027$ .'$ X.0$ <&-*.O)5$ 0'
Z2*06&($?>$?BCC8$=/.5&$(&O.&4.'%$)$20'2&(*$6N$*/&$6)'+>$I)(05.'&$9,55.O)'$4(0*&$K95045N$().-.'%$/&($)(3-$+,(.'%
[(.'%$P&$*0$R.<&c-$*/,'+&(0,->$-*(06&J5.*$<)+&J0,*>$-/&c-$3.--.'%$0'5N$)$2/)(.0*8K
!&93&6-9'*,:-)3
aO)'&-2&'2&$4&(&$1(030*&+$.'$I/(.-*.)'$-*0(&-$,'*.5$*/&$6)'+$3)+&$.*$25&)($*/&N$+.+$'0*$4)'*$*0$6&$20'-.+&(&+$1)(*
0<$ */&$ I/(.-*.)'$ (027$ %&'(&>$ -,2/$ )-$ <&5504$ =.'+J,1$ X&20(+-$ )(*.-*-$ I(&&+8$ Q'$ A1(.5$ ?BBF>$ =.'+J,1$ X&20(+2/).(3)'>$ A5)'$ P&5*S&(>$ 4(0*&$ *0$ I/(.-*.)'$ ()+.0$ )'+$ (&*).5$ 0,*5&*-$ *0$ &]15).'$ */)*>$ +&-1.*&$ */&$ K888-1.(.*,)5
,'+&(1.''.'%$ */)*$ .%'.*&+$ .'*&(&-*$ )'+$ &]2.*&3&'*$ .'$ */&$ I/(.-*.)'$ (&5.%.0,-$ 2033,'.*N>K$ aO)'&-2&'2&$ )(&$ K888)
-&2,5)($6)'+>$)'+$)-$-,2/$O.&4$*/&.($3,-.2$)-$&'*&(*).'3&'*8K$H/&(&<0(&>$/&$4(0*&>$=.'+JG1$K888-*(0'%5N$<&&5-$*/)*
*/&N$'0$50'%&($6&50'%$.'$I/(.-*.)'$3)(7&*-8K$A530-*$.33&+.)*&5N>$3)'N$I/(.-*.)'$()+.0$-*)*.0'-$(&30O&+$K[(.'%$P&
*0$R.<&K$<(03$*/&.($15)N5.-*-8$H&((N$^&33.'%->$IaZ$0<$I/(.-*.)'$3,-.2$+.-*(.6,*0($!(0O.+&'*>$&]1(&--&+$1,SS5&3&'*
)*$ */&$ 6)'+c-$ )60,*J<)2&>$ -)N.'%:$ KH/&N$ 25&)(5N$ ,'+&(-*00+$ */&$ )56,3$ 40,5+$ 6&$ -05+$ .'$ */&-&$ UI/(.-*.)'$ 3,-.2V
2/)''&5-8K$Q'$?BBh>$A3N$R&&$*05+$Q*,,2-705'*/)*$-/&$/)+$)54)N-$0110-&+$aO)'&-2&'2&$6&.'%$.+&'*.<.&+$)-$)$I/(.-*.)'
6)'+8
[(.'%$P&$*0$R.<&
Dh
!"4%6'4%6$*"#$
W-3F%6*#%'U%#.*#$'4%6$*"#
`H6*#/'J%'3"'L*G%`
Z<<.2.)5$.H,'&-$-.'%5&$20O&(
7*#/9%[1>'W-3F%6*#%'U%#.*#$
G6",'3F%'-91&,'8%5*%@%
N%9%-$%(
UFV
?FsZ2*06&(s?BBd
I"6,-3
+.%.*)5$+04'50)+
M%#6%
I5)--.2)5$I(0--0O&(>$-0<*$(027
L%#/3F
F:Dh
L-1%9
=)('&($[(0-8
R6*3%6X$Y
A3N$R&&>$[&'$P00+N>$")O.+$^0+%&-
=6"(&)%6X$Y
")O.+$#0-*&(
W-3F%6*#%'U%#.*#$'$*#/9%$')F6"#"9"/>
KQ$[&5.&O&K$L4.*/$A'+(&)
[02&55.MK
L?BBdM
KH6*#/'J%'3"
L*G%K
L?BBdM
KA'%&5K
L?BBdM
593%6#-3*4%')"4%6
X&J(&5&)-&+$-.'%5&$)(*40(7
H-)./6"&#(
=&5-/$25)--.2)5$-.'%&($k)*/&(.'&$g&'7.'-$(&20(+&+$)$20O&($O&(-.0'$0<$K[(.'%$P&$*0$R.<&K$0'$/&($?BBd$)56,3$Q(,*(:(8
g&'7.'-$-).+:$KQc+$3&'*.0'&+$*/)*$Q$4)'*&+$*0$*(N$aO)'&-2&'2&c-$[(.'%$P&$*0$R.<&$)'+$")O.+$U#0-*&(V$-).+$cN0,$2)'c*
-.'%$*/)*c8$Q$2)3&$0,*$*/&(&$W,&-*.0'.'%$3N$O02)5$)6.5.*.&-8$Qc3$Y,-*$'0*$,-&+$*0$6&.'%$*05+$*/)*8$Q$4&'*$/03&$*/)*$'.%/*
)'+$Q$Y,-*$*/0,%/*$*0$3N-&5<$cN0,$/)O&$*0$1,55$N0,(-&5<$*0%&*/&(>$/&c-$40(7&+$4.*/$-0$3)'N$.'2(&+.65&$)(*.-*-$N0,$/)O&
*0$-*&1$,1$*/&$15)*&8c$Q$+.+$*)57$3N-&5<$(0,'+$)'+$Q$4&'*$.'$*/&(&$*/&$'&]*$+)N$0'$)$3.--.0'8$Q*c-$%00+$*0$6&$1,-/&+
-03&*.3&-$1$)'+$Q$1(0O&+$/.3$4(0'%•K$g&'7.'-$+&2.+&+$*0$2/)'%&$*/&$%,.*)(J5&+$)'+$1&(2,--.O&$0(.%.')5$O&(-.0'$)'+
.'-*&)+>$ K3)7&$ .*$ 30(&$ 0(2/&-*()5$ 4.*/$ */&$ 1&(2,--.0'$ 203.'%$ <(03$ */&$ -*(.'%-8K$ A5<(&+$ ^.275.'%$ 0<$ 9/(' Y&705*7#
%)O&$)$3.]&+$(&O.&4$0<$g&'7.'-c$20O&(>$2)55.'%$.*$K888/.-*(.0'.28K$^04&O&(>$)$4(.*&($0<$[[I$Z'5.'&$2/0-&$/&($O&(-.0'
0<$*/&$-0'%$)-$)$/.%/5.%/*$0'$*/&$)56,38$Z'$f0O&36&($?F>$?BCC>$g&'7.'-$-)'%$*/&$-0'%$5.O&$)*$*/&$R&.2&-*&($9W,)(&
-*)*.0'$.'$R0'+0'8
[(.'%$P&$*0$R.<&
D@
!F-63':%6G"6,-#)%
=&5-/$25)--.2)5$-.'%&($k)*/&(.'&$g&'7.'->
L6*!)&0(5M$(&20(+&+$)$20O&($0<$*/&$-0'%8
R%%.9>')F-63$
!F-63'Xa]]bY
\&(3)'N$LP&+.)$I0'*(05$I/)(*-M
=%-.
:"$*3*"#
UDV
Dh
U_V
Gk$9.'%5&-$LZ<<.2.)5$I/)(*-$I031)'NM
@D
O6-).'9*$3*#/
A*/*3-9'("E#9"-(
C"B O*39%
L%#/3F
C8 K[(.'%$P&$*0$R.<&K
F:Dh
?8 K[(.'%$P&$*0$R.<&$LA53.%/*N$I5,6$P.]MK
@:BF
F8 K[(.'%$P&$*0$R.<&$LA53.%/*N$I5,6$X)+.0$P.]MK
F:B@
03F%6')"4%6'4%6$*"#$
Q'$ ?BB@>$ +,(.'%$ */&$ <.(-*$ -&)-0'$ <.')5&$ 0<$ L($)*' -)$*2' $&6(0$)770*>$ 4.''&($ [.(%.*$ Ž.%&3&&5$ 1&(<0(3&+$ K[(.'%$ P&$ *0
R.<&K8$A$/.JfX\$+)'2&$20O&($6N$X02/&55&$4)-$(&5&)-&+$*/(0,%/$A53.%/*N$X&20(+-8$A'$),+.0$-)315&$2)'$6&$/&)(+
0'$*/&$0<<.2.)5$A53.%/*N$X&20(+-$4&6-.*&8$A3&(.2)'$1.)'.-*>$g0/'$H&-/$(&5&)-&+$)'$.'-*(,3&'*)5$O&(-.0'$0<$*/&$-0'%
0'$/.-$)56,3-$?'8((6(0'A7*)/='f-,>'a'L?BBFM$)'+$?'E7$$*-#7)('W*+('L?BB@M8$A5-0$.'$?BBF>$k.+S$[01$k.+-$20O&(&+$*/&
-0'%$ 0'$ */&.($ <0,(*/$ -*,+.0$ )56,3>$ k.+S$ [01$ D8$ Q'$ ?BBE>$ [5)27$ 3&*)5$ 6)'+$ =N77&+$ =N*2/$ 20O&(&+$ */&$ -0'%$ )'+
1(0+,2&+$ )'$ )22031)'N.'%$ 3,-.2$ O.+&08$ H/&.($ O&(-.0'$ 4)-$ +.%.*)55N$ (&5&)-&+$ .'$ Z2*06&($ 0<$ */)*$ N&)($ 0'$ .H,'&9*0(&8$Q'$?BCB>$\&(3)'$6)'+$\(&%0(.)'$(&5&)-&+$)$20O&($O&(-.0'$0<$*/&$-0'%$0'$*/&.($?BCB$)56,3$870F'C*5('-+')/(
S/7#)8
",(.'%$ */&$ A3&(.2)'$ Q+05-$ RQma•$ H0,($ ?BBE>$ 20'*&-*)'*$ I)(5N$ 93.*/-0'$ 1&(<0(3&+$ K[(.'%$ P&$ *0$ R.<&K8$ g).$
P2"04)55>$*/&$4.''&($0<$*/&$<.<*/$-&(.&-$0<$Q0*)7*#3$'Y-)'97,(#)'-)'%$*/&$-0'%$5.O&$+,(.'%$*/&$-&3.J<.')5$0<$*/&$-/048$
RN-$A%'w->$)$20'*&-*)'*$0'$*/&$-.]*/$-&)-0'$0<$?;(0*!73$'Y-)'97,(#)>$1&(<0(3&+$)'$01&()$O&(-.0'$0<$K[(.'%$P&$*0
[(.'%$P&$*0$R.<&
DE
R.<&K$)'+$4)-$1().-&+$6N$*/&$-/04c-$Y,+%&-8$Q'$?BBh>$q)N()$A5O)(&S>$)$!,&(*0$X.2)'$-.'%&(>$1&(<0(3&+$*/&$-0'%$0'
1-!F'C)70U'C&6(0#-:78$Z'$Z2*06&($FC>$?BCC>$+,(.'%$*/&$*/.(*&&'*/$-&)-0'$0<$*/&$G9$(&)5.*N$-/04$87#!*#.'@*)/')/(
C)70$>$)$%(0,1$2)55&+$H&)3$!)-0$"065&$+)'2&+$4/.5&$*/&$-0'%$4)-$15)N&+$.'$*/&$6)27%(0,'+8$Q'$P)(2/$?BC?>$"&''.a%)5$ 1&(<0(3&+$ )'$ K&]*(&3&5N$ ,'0(*/0+0]K$ O&(-.0'$ 0<$ */&$ -0'%$ +,(.'%$ Q0*)7*#3$' Y-)' 97,(#)8$ g,+%&$ 9.30'$ I04&55
1().-&+$/.-$1&(<0(3)'2&>$-)N.'%:$KH/.-$.-$*0*)55N$60'7&(->$6,*$)'0*/&($-.+&$0<$3&$-)N-$6&2),-&$QcO&$'&O&($-&&'$*/.6&<0(&$)'+$Qc3$7.'+$0<$.'*(.%,&+$6N$N0,>$Qc3$%0.'%$*0$-)N$N&-8K
Z'$A,%,-*$C?>$?BC?>$A55&'$g)'&$9*)8$P)(.)$1&(<0(3&+$K[(.'%$P&$*0$R.<&K$+,(.'%$9/('h'A7!)-0'E/*,*66*#($c$-&20'+
5.O&$-/048$Z'$Z2*06&($?@>$?BC?>$20'*&-*)'*$a55)$^&'+&(-0'$20O&(&+$*/&$-0'%$<0($*/&$'.'*/$-&)-0'$0<$*/&$Gkc-$9/('h
A7!)-08
H/&$-0'%$/)-$6&&'$20O&(&+$*4.2&$0'$?;(0*!7#'b5-,>$6N$A'%.&$P.55&($.'$9&)-0'$C?$)'+$g&')$Q(&'&$.'$9&)-0'$CF8
D$-/%'*#',%(*P.]*&(N$ ,-&+$ ,1J6&)*$ -)315.'%-$ 0<$ */&$ -0'%$ .'$ )$ /.*$ )5-0$ *.*5&+$ K[(.'%$ P&$ *0$ R.<&K$ <&)*,(.'%$ f.%&(.)'$ a,(0+)'2&
)(*.-*$a++N$=)*)8UhV
K[(.'%$P&$*0$R.<&K$4)-$.'25,+&+$.'$*/&$%)3&-$1-!F'Q7#5>$1-!F'Q7#5']#6,&..(5>$Q7#5'B(0->$"RI$<0($9.'%9*)(>
)'+$A*./)'Y*0,'Q7)),('V-0,58$H/&$-0'%$4)-$,-&+$+,(.'%$*/&$?BBD$9*)'5&N$I,1$15)N0<<-8
!6%(*3$'-#(':%6$"##%9
I(&+.*-$)(&$)+)1*&+$<(03$A7,,(#'5.'&($'0*&-8
T
T
T
T
T
T
T
T
A3N$R&&$1$4(.*.'%>$1.)'0>$7&N60)(+->$O02)5[&'$P00+N$1$4(.*.'%>$1(0+,2.'%>$%,.*)(->$1&(2,--.0'
")O.+$^0+%&-$1$4(.*.'%>$1.)'0>$7&N60)(+->$-*(.'%$)(()'%&3&'*g0-/$#(&&-&$1$+(,3")O&$#0(*3)'$1$1(0+,2.'%
#()'2&-20$".I0-30$1$6)--$%,.*)(
")O.+$I)316&55$1$)++.*.0')5$-*(.'%$)(()'%&3&'*\()&3&$X&O&55$1$-*(.'%$)(()'%&3&'*->$0(2/&-*()5$20'+,2*.0'
O6-).'9*$3*#/
Q'*&(')*.0')5$I"$9.'%5&$LA1(.5$@>$?BBFM
9,6-&W,&'*$1(&--.'%-$-.'%5&$Lg,'&$?D>$?BBFM
T
T
T
T
T
T
K[(.'%$P&$*0$R.<&K$1$F:_h
K[(.'%$P&$*0$R.<&K$L[5.--$P.]M$1$F:_d
Q'*&(')*.0')5$I"$P)].$LA1(.5$CD>$?BBFM
T
T
T
T
K[(.'%$P&$*0$R.<&K$LA56,3$O&(-.0'M$1$F:_h
K[(.'%$P&$*0$R.<&K$L[5.--$P.]M$1$F:_d
K#)(*/&($A4)NK$LA56,3$O&(-.0'M$1$F:_E
K[(.'%$P&$*0$R.<&K$LP,-.2$O.+&0M$1$D:CD
K[(.'%$P&$*0$R.<&K$1$F:_h
Q'*&(')*.0')5$"m"$Lg,'&$?>$?BBFM
K[(.'%$P&$*0$R.<&K$L[5.--$P.]M$1$F:_d
K#)(*/&($A4)NK$1$F:_E
T K[(.'%$P&$*0$R.<&K$Lm.+&0M
a]*()-:$K[(.'%$P&$*0$R.<&K$LP,-.2$O.+&0M$1$D:CD T K[(.'%$P&$*0$R.<&K$LA56,3$O&(-.0'M
T K[(.'%$P&$*0$R.<&K$LR.O&$)20,-*.2$O&(-.0'M
A,-*()5.)'$I"$9.'%5&
T KPN$Q330(*)5K$LR.O&$)20,-*.2$O&(-.0'M
T K[(.'%$P&$*0$R.<&K$LA56,3$O&(-.0'M$1$F:_h
T KQ'*&(O.&4$<00*)%&K
T K[(.'%$P&$*0$R.<&K$L[5.--$P.]M$1$F:_d
Gk$2)--&**&$-.'%5&
T K#)(*/&($A4)NK$LA56,3$O&(-.0'M$1$F:_E
T KP.--.'%K$LA56,3$O&(-.0'M$1$D:C_
T K[(.'%$P&$*0$R.<&K$LA56,3$O&(-.0'M
T K#)(*/&($A4)NK$LA56,3$O&(-.0'M
T K[(.'%$P&$*0$R.<&K$L[5.--$P.]M
[(.'%$P&$*0$R.<&
Dd
!F-63$'-#(')%63*G*)-3*"#$
R%%.9>')F-63$
!F-63'Xa]]ZY
=%-.
:"$*3*"#
cd
5&$36-9*-'X5N<5Y
C
5&$36*-'XeZ'5&$36*-'O":'f]Y
cgd
H%9/*&,'XD936-3":'h]'I9-#(%6$Y
F
cid
@
cbd
?
H%9/*&,'XD936-3":'h]'R-99"#*-Y
c\]d
?
A%#,-6.'XO6-).9*$3%#Y
I*#9-#('X7&",%#'4*6-99*#%#'9*$3-Y
c\\d
c\ad
_
I6-#)%'X7C;=Y
M%6,-#>'XJ%(*-'!"#36"9'!F-63$Y
c\Zd
M6%%)%'X<I=<'M6%%)%Y
<6%9-#('X<NJ5Y
<3-9>'XI<J<Y
CC
?
F
c\fd
?
c\hd
C
C%3F%69-#($'XA&3)F'O":'f]Y
c\jd
h
c\gd
C%E'k%-9-#('XN%)"6(%('J&$*)'CkY
c\id
?
C"6E->'XQM+9*$3-Y
N",-#*-'XN",-#*-#'O":'\]]Y
7E%(%#'X74%6*/%3"::9*$3-#Y
F
c\bd
CC
ca]d
7E*3V%69-#('X7)FE%*V%6'?*3:-6-(%Y
?
ca\d
DW'7*#/9%$'X0GG*)*-9'!F-63$'!",:-#>Y
caad
DW'N").'X0GG*)*-9'!F-63$'!",:-#>Y
cd
C
C
_
D7'8*55A".(/'?"3'\]]
D7'J-*#$36%-,'N").'O6-).$'X8*55A".(/Y
D7'593%6#-3*4%'7"#/$'X8*55A".(/Y
h
caZd
cafd
CC
C
D7'J-*#$36%-,'O":'f]'X8*55A".(/Y
C
D7'5(&93'=":'7"#/$'X8*55A".(/Y
D
[(.'%$P&$*0$R.<&
_B
!F-63'Xa]]f#]jY
=%-.
:"$*3*"#
!-#-(-'X!-#-(*-#'7*#/9%$'!F-63Y
F
D7'?"3'A*/*3-9'7"#/$'X8*55A".(/Y
F_
!F-63'Xa]\\Y
=%-.
:"$*3*"#
DW'7*#/9%$'!F-63
D@
DW'N").'!F-63
C
!F-63'Xa]\aY
=%-.
:"$*3*"#
DW'7*#/9%$'!F-63
h_
DW'N").'!F-63
C
!F-63'Xa]\ZY
=%-.
:"$*3*"#
DW'7*#/9%$'!F-63
DB
DW'N").'!F-63
?
T%-6+%#(')F-63$
!F-63'Xa]]ZY
="$*3*"#
5&$36-9*-#'7*#/9%$'!F-63
h
5&$36-9*-#'N").'7*#/9%$'!F-63
C
5&$36*-#'7*#/9%$'!F-63
??
H%9/*-#'7*#/9%$'!F-63'XI9-#(%6$Y
FB
H%9/*-#'7*#/9%$'!F-63'XR-99"#*-Y
CC
A&3)F'O":'f]
_?
<6*$F'7*#/9%$'!F-63
?B
<3-9*-#'7*#/9%$'!F-63
D
C%E'k%-9-#('7*#/9%$'!F-63
??
7E%(*$F'7*#/9%$'!F-63
_
7E*$$'7*#/9%$'!F-63
CF
D7'8*55A".(/,?"3'\]]
CB
D7'J-*#$36%-,'N").'O6-).$
Fd
D7'=":'7"#/$
_
D7'593%6#-3*4%'7"#/$
E
DW'7*#/9%$'!F-63
CC
[(.'%$P&$*0$R.<&
_C
A%)-(%+%#(')F-63$
!F-63'Xa]]]#]bY
="$*3*"#
5&$36-9*-#'7*#/9%$'!F-63
_d
D7'N").'7"#/$
@F
D7'593%6#-3*4%'7"#/$
?h
!%63*G*)-3*"#$'-#('$-9%$
N%/*"#
!%63*G*)-3*"# 7-9%$^$F*:,%#3$
5&$36-9*-'X5N<5Y
?‹$!5)*.',3
CDB>BBB•
I6-#)%'X7C;=Y
\05+
FFC>BBB
M%6,-#>'XHQJ<Y
\05+
?_B>BBB•
M6%%)%'X<I=<'M6%%)%Y
\05+
CB>BBB•
\05+
C_>BBB•
7E*3V%69-#('X<I=<'7E*3V%69-#(Y \05+
?B>BBB]
<3-9>'XI<J<Y
cahd
D#*3%('W*#/(",'XH=<Y
cajd
D#*3%('73-3%$'XN<55Y
!5)*.',3
hC_>BBB
!5)*.',3
C>BBB>BBB•
•
-)5&-$<.%,(&-$6)-&+$0'$2&(*.<.2)*.0'$)50'&
-/.13&'*-$<.%,(&-$6)-&+$0'$2&(*.<.2)*.0'$)50'&
]
,'-1&2.<.&+$<.%,(&-$6)-&+$0'$2&(*.<.2)*.0'$)50'&
•
N%G%6%#)%$
UCV
U?V
UFV
UDV
/**1-:; ; 4448 N0,*,6&8 203; 4)*2/iOnFl]))\%HelP
/**1:; ; &'8 4.7.1&+.)8 0(%; 4; .'+&]8 1/1i*.*5&n[(.'%oP&o*0oR.<&r )2*.0'n&+.*
[(.'%$P&$*0$R.<&$J$a!$6N$k)*/&(.'&$g&'7.'-$L/**1-:; ; .*,'&-8 )115&8 203; %6; )56,3; 6(.'%J3&J*0J5.<&J&1; .+FFh?hD_D_M$.H,'&-$Gk
K$".&$%)'S&$P,-.7$.3$Q'*&('&*:$I/)(*->$f&4->$f&,&(-2/&.','%&'>$H.27&*->$\&'(&->$\&'(&-,2/&>$\&'(&5&].70'>$kx'-*5&(J9,2/&>$P,-.7J9,2/&>
H()27J9,2/&>$H.27&*J9,2/&$1$3,-.25.'&8+&K$L/**1:; ; 3,-.25.'&8 +&; +&; 2/)(*O&(<05%,'%o-,33)(N; *.*5&; k)*/&(.'&Š g&'7.'-; [(.'%Š P&Š *0Š
R.<&; -.'%5&M$L.'$\&(3)'M8$P&+.)$I0'*(05$I/)(*-8$!/0'0f&*$\36^8
U_V K$A(2/.O&$I/)(*K$L/**1:; ; 4448 */&0<<.2.)52/)(*-8 203; )(2/.O&J2/)(*; o; C; ?BBdCCB@; M$Gk$9.'%5&-$I/)(*8
UhV UA,+.0$0<$P.]*&(N$(&20(+.'%$0<$K[(.'%$P&$*0$R.<&K$<&)*,(.'%$a++N$=)*)V
U@V K$aO)'&-2&'2&$1$[(.'%$P&$*0$R.<&$1$A,-*(.)'2/)(*-8)*K$L/**1:; ; 4448 ),-*(.)'2/)(*-8 )*; -/04.*&38 )-1i.'*&(1(&*naO)'&-2&'2&r *.*&5n[(.'%Š
P&Š *0Š R.<&r 2)*n-M$L.'$\&(3)'M8$‘F$A,-*(.)$H01$DB8$X&*(.&O&+$A,%,-*$C>$?BCC8
UEV K$G5*()*0186&$1$aO)'&-2&'2&$1$[(.'%$P&$*0$R.<&K$L/**1:; ; 4448 ,5*()*018 6&; '5; -/04.*&38 )-1i.'*&(1(&*naO)'&-2&'2&r *.*&5n[(.'%Š P&Š
*0Š R.<&r 2)*n-M$L.'$",*2/M8$G5*()*01$_B8$X&*(.&O&+$A,%,-*$C>$?BCC8
UdV K$G5*()*0186&$1$aO)'&-2&'2&$1$[(.'%$P&$*0$R.<&K$L/**1:; ; 4448 ,5*()*018 6&; <(; -/04.*&38 )-1i.'*&(1(&*naO)'&-2&'2&r *.*&5n[(.'%Š P&Š
*0Š R.<&r 2)*n-M$L.'$#(&'2/M8$G5*()*01$_B8$X&*(.&O&+$A,%,-*$C>$?BCC8
UCBV K$")'.-/2/)(*-8203$1$aO)'&-2&'2&$1$[(.'%$P&$*0$R.<&K$L/**1:; ; 4448 +)'.-/2/)(*-8 203; -/04.*&38 )-1i.'*&(1(&*naO)'&-2&'2&r
*.*&5n[(.'%Š P&Š *0Š R.<&r 2)*n-M8$H()275.-*&'8$X&*(.&O&+$A,%,-*$C>$?BCC8
UCCV K$aO)'&-2&'2&:$[(.'%$P&$*0$R.<&K$L/**1:; ; 4448 .<1.8 <.; *.5)-*0*; O.()55.'&'J5.-*); )(*.-*.*; aO)'&-2&'2&; [(.'%Š P&Š *0Š R.<&M$L.'$#.''.-/M8
P,-..77.*,0**)Y)*$1$Q#!Q$#.'5)'+8$X&*(.&O&+$A,%,-*$C>$?BCC8
UC?V K$R&-2/)(*-8203$1$aO)'&-2&'2&$1$[(.'%$P&$*0$R.<&K$L/**1:; ; 4448 5&-2/)(*-8 203; -/04.*&38 )-1i.'*&(1(&*naO)'&-2&'2&r *.*&5n[(.'%Š
P&Š *0Š R.<&r 2)*n-M$L.'$#(&'2/M8$R&-$25)--&3&'*$-.'%5&8$X&*(.&O&+$A,%,-*$C>$?BCC8
UCFV K$".&$%)'S&$P,-.7$.3$Q'*&('&*:$I/)(*->$f&4->$f&,&(-2/&.','%&'>$H.27&*->$\&'(&->$\&'(&-,2/&>$\&'(&5&].70'>$kx'-*5&(J9,2/&>
P,-.7J9,2/&>$H()27J9,2/&>$H.27&*J9,2/&$1$3,-.25.'&8+&K$L/**1:; ; 3,-.25.'&8 +&; +&; 2/)(*O&(<05%,'%o-,33)(N; *.*5&; aO)'&-2&'2&; [(.'%Š
P&Š *0Š R.<&; -.'%5&M$L.'$\&(3)'M8$P&+.)$I0'*(05$I/)(*-8$!/0'0f&*$\36^8$X&*(.&O&+$A,%,-*$C>$?BCC8
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
[(.'%$P&$*0$R.<&
_?
UCDV K$I/)(*$H()27K$L/**1:; ; 4448 2/)(*J*()278 208 ,7; .'+&]8 Y-1i2n1; 3,-.2O.+&0; 3,-.2; )(2/.O&; .'+&]o*&-*8 Y-1r 2*n?DBBBCr )(2/n*r
5N(n?BBFr N&)(n?BBFr 4&&7n?_M8$Q(.-/$9.'%5&-$I/)(*8$X&*(.&O&+$A,%,-*$C>$?BCC8
UC_V K$Q*)5.)'2/)(*-8203$1$aO)'&-2&'2&$1$[(.'%$P&$*0$R.<&K$L/**1:; ; 4448 .*)5.)'2/)(*-8 203; -/04.*&38 )-1i.'*&(1(&*naO)'&-2&'2&r
*.*&5n[(.'%Š P&Š *0Š R.<&r 2)*n-M8$H01$".%.*)5$"04'50)+8$X&*(.&O&+$A,%,-*$C>$?BCC8
UChV K$f&+&(5)'+-&$H01$DB$1$aO)'&-2&'2&$-&)(2/$(&-,5*-K$L/**1:; ; 4448 *01DB8 '5; S0&7&'i-&)(2/naO)'&-2&'2&M$L.'$",*2/M$",*2/$H01$DB8
X&*(.&O&+$A,%,-*$C>$?BCC8
UC@V K$I/)(*-80(%8'S$1$aO)'&-2&'2&$1$[(.'%$P&$*0$R.<&K$L/**1:; ; 4448 2/)(*-8 0(%8 'S; -/04.*&38 )-1i.'*&(1(&*naO)'&-2&'2&r *.*&5n[(.'%Š P&Š
*0Š R.<&r 2)*n-M8$H01$DB$9.'%5&-8$X&*(.&O&+$A,%,-*$C>$?BCC8
UCEV K$f0(4&%.)'2/)(*-8203$1$aO)'&-2&'2&$1$[(.'%$P&$*0$R.<&K$L/**1:; ; 4448 '0(4&%.)'2/)(*-8 203; -/04.*&38 )-1i.'*&(1(&*naO)'&-2&'2&r
*.*&5n[(.'%Š P&Š *0Š R.<&r 2)*n-M8$m\J5.-*)8$X&*(.&O&+$A,%,-*$C>$?BCC8
UCdV X03)'.)'$H01$CBB:$a+.*.)$F?>$-)1*)3.')$CE8BEJ?D8BE>$?BBF$L/**1:; ; 4&68 )(2/.O&8 0(%; 4&6; ?BB_B_CDCh_@FD; /**1:; ; 4448 (*CBB8 (0;
&+.*.&J*01JCBBo]CBBEF8 /*35M
U?BV K$94&+.-/2/)(*-8203$1$aO)'&-2&'2&$1$[(.'%$P&$*0$R.<&K$L/**1:; ; 4448 -4&+.-/2/)(*-8 203; -/04.*&38 )-1i.'*&(1(&*naO)'&-2&'2&r
*.*&5n[(.'%Š P&Š *0Š R.<&r 2)*n-M8$9.'%5&-$H01$hB8$X&*(.&O&+$A,%,-*$C>$?BCC8
U?CV K$aO)'&-2&'2&$1$[(.'%$P&$*0$R.<&$1$-4.--2/)(*-8203K$L/**1:; ; 4448 -4.--2/)(*-8 203; -/04.*&38 )-1i.'*&(1(&*naO)'&-2&'2&r *.*&5n[(.'%Š
P&Š *0Š R.<&r 2)*n-M8$94.--$9.'%5&-$I/)(*8$X&*(.&O&+$A,%,-*$C>$?BCC8
U??V K$aO)'&-2&'2&K$L/**1:; ; 4448 */&0<<.2.)52/)(*-8 203; )(*.-*; o; aO)'&-2&'2&M$Gk$9.'%5&-$I/)(*8$X&*(.&O&+$g,5N$Ch>$?BCC8
U?FV K$aO)'&-2&'2&$A56,3$r$90'%$I/)(*$^.-*0(NK$L/**1:; ; 4448 6.5560)(+8 203; )(*.-*; FBCdD?; aO)'&-2&'2&; 2/)(*i<nF@@M$Q*,,2-705
A5*&(')*.O&$90'%-$<0($aO)'&-2&'2&8$X&*(.&O&+$A,%,-*$C>$?BCC8
U?DV K$aO)'&-2&'2&$A56,3$r$90'%$I/)(*$^.-*0(NK$L/**1:; ; 4448 6.5560)(+8 203; )(*.-*; FBCdD?; aO)'&-2&'2&; 2/)(*i<nFECM$Q*,,2-705$!01$90'%<0($aO)'&-2&'2&8$X&*(.&O&+$A,%,-*$C>$?BCC8
U?_V KQ*)5.)'$-.'%5&$2&(*.<.2)*.0'-$1$aO)'&-2&'2&$1$[(.'%$P&$*0$R.<&K$L/**1:; ; 4448 <.3.8 .*; )(2/.O.0o2&(*.<.2)S.0'.8 1/1M$L.'$Q*)5.)'M8$#&+&()*.0'
0<$*/&$Q*)5.)'$P,-.2$Q'+,-*(N8$X&*(.&O&+$?_$g)',)(N$?BCD8$C(,(!)'Z'5.'&$*#')/('+*(,5'92&%5.$5)$-&S.0'&>'C(,(!)'V((F'JJ$7#5'm(70'JJJJ>'L#)(0
aO)'&-2&'2&$*#')/('+*(,5'A(*.-*)>'S,*!F'AOO.)$5)$(.2&(2)
U?hV K[(.*.-/$-.'%5&$2&(*.<.2)*.0'-$1$aO)'&-2&'2&$1$[(.'%$P&$*0$R.<&K$L/**1:; ; 4448 61.8 208 ,7; 2&(*.<.&+J)4)(+-8 )-1]M8$[(.*.-/$!/0'0%()1/.2
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
Q'+,-*(N8$L#)(0'[(.'%$P&$*0$R.<&$*#')/('+*(,5'9&)(2/>'C(,(!)'H.*5&$*#')/('+*(,5'9&)(2/$6N>'C(,(!)'-.'%5&$*#')/('+*(,5'[N$#0(3)*>'S,*!F'\0
;@3%6#-9'9*#.$
T Z<<.2.)5$4&6-.*&$L/**1:;;4448&O)'&-2&'2&8203;M
T Z<<.2.)5$3,-.2$O.+&0$L/**1:;;4448N0,*,6&8203;4)*2/iOnFl]))\%HelPM$)*$l0,H,6&
T #,55$5N(.2-$0<$*/.-$-0'%$L/**1:;;44483&*(05N(.2-8203;6(.'%J3&J*0J5.<&J5N(.2-J&O)'&-2&'2&8/*35M$)*$P&*(0RN(.2$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
AH
_F
5O
#0($*/&$=.7.1&+.)$&+.*.'%$105.2N$0'$)(*.25&$*.*5&->$-&&$=.7.1&+.):AH8
R007$,1$.2,.'$=.7*.0')(N>$*/&$<(&&$+.2*.0')(N8
H/&$40(+$-3'.-$)'$a'%5.-/$40(+>$4/.2/$3)N$)2*$)-$)$1(&10-.*.0'8
5O'L0($-.3.5)(M$3)N$)5-0$(&<&($*0:
=9-)%$
T A,-*(.)c-$Q9Z>$?J5&**&($20,'*(N$20+&
T
T
T
T
T
T
T 8)*>$*/&$Q'*&('&*$20,'*(N$20+&$*01J5&O&5$+03).'$<0($A,-*(.)
A'%,.55)>$)$=0(5+$P&*&0(050%.2)5$Z(%)'.S)*.0'$20,'*(N$20+&
A-/30(&$)'+$I)(*.&($Q-5)'+-$L#Q!9$CBJD$*&((.*0(N$20+&$)'+$06-05&*&$fAHZ$20,'*(N$20+&
A*2/.-0'$I0,'*N>$k)'-)-$L20,'*N$20+&M
!(0O.'2&$0<$A-*.>$)$1(0O.'2&$0<$Q*)5N$.'$*/&$Q9Z$FChhJ?:QH$20+&
A*>$[./)(>$)$O.55)%&$.'$A,()'%)6)+$+.-*(.2*>$[./)(
A11)5)2/.)'$H().5>$)'$0O&($?>BBB$3.5&$50'%$*().5$.'$*/&$&)-*&('$G'.*&+$9*)*&-
7)*%#)%'-#('3%)F#"9"/>
T
T
T
T
T
T
T
T
T
T
T
T
T
A-*)*.'&>$*/&$&5&3&'*$4.*/$*/&$2/&3.2)5$-N3605$A*8
A31&(&J*,('$L-N3605M>$)'$Q'*&(')*.0')5$9N-*&3$0<$G'.*-$LPk9M$,'.*$0<$3)%'&*030*.O&$<0(2&
A$-,6+.O.-.0'$&W,)5$*0$C;CBB$0<$)$k.1>$*/&$,'.*$0<$2,((&'2N$.'$R)0A**0*&-5)>$CB/CE$*&-5)>$)'$9Q$+&(.O&+$,'.*$0<$3)%'&*.2$<5,]$+&'-.*N
H&2/'.2)5$)*30-1/&(&$L-N3605M>$1/N-.2)5$,'.*$0<$1(&--,(&
A)('&JH/031-0'$25)--.<.2)*.0'$-N-*&3
A22&1*)'2&$*&-*
?#s,*$*$')07#$7!!*-#7,'L91)'.-/$KH()'-)2*.0')5$)')5N-.-KM>$)$1-N2/050%.2)5$3&*/0+
A*)].)$*&5)'%.&2*)-.)>$)'$.33,'0+&<.2.&'2N$+.-0(+&(
A11(01(.)*&$*&2/'050%N
A--.-*.O&$*&2/'050%N
A,*03)*.2$*()'-3.--.0'
A'*.*/(036.'
!",:&3*#/
T Q[P$!&(-0')5$I031,*&(;AH
T
T
T
T
T AH$<0(3$<)2*0($<0($30*/&(60)(+-$)'+$2031,*&($2)-&T H/&$20330'$')3&$<0($*/&$_J1.'$"Qf$7&N60)(+$20''&2*0(
^)N&-$2033)'+$-&*$<0($2031,*&($30+&3-$L)55$2033)'+-$6&%.'$4.*/$*/&$2/)()2*&(-$KAHKM
’$L0($K)*$-.%'KM>$*/&$1,'2*,)*.0'$-N3605$'04$*N1.2)55N$,-&+$.'$&J3).5$)++(&--&-$L)'+$30(&$(&2&'*5N>$*4&&*-M
)*$LG'.]M>$*0$-2/&+,5&$*)-7-$*0$6&$1&(<0(3&+$)*$)$5)*&($+)*&
)*$L=.'+04-M>$*0$-2/&+,5&-$0*/&($2033)'+-$*0$6&$(,'$)*$)$2&(*).'$*.3&
AH
_D
03F%6'&$%$
T
T
T
T
T
A')&(06.2$*/(&-/05+
A'*.J*)'7$4&)10'
A(2/.O&$H&)3>$)$+.%.*)5$1(&-&(O)*.0'$%(0,1
AO.)*.0'$a5&2*(0'.2-$H&2/'.2.)'>$)$()*.'%$.'$*/&$G'.*&+$9*)*&-$f)ON
X0N)5$A.($P)(02$LQAHA$).(5.'&$+&-.%')*0(M
C*/F3$'*#3"'A6%-,$BBB
B*+'2$,*#2",1(%.9$===
A%4%9":%6X$Y
90'.2$H&)3
9&%)$9*,+.0$I/.')$L!9?M
=&19*$F%6X$Y
9&%)
A*6%)3"6X$Y
f)0*0$Z-/.3)
=6"(&)%6X$Y
l,Y.$f)7)
A%$*/#%6X$Y
H)7)-/.$Q.S,7)
=6"/6-,,%6X$Y l,Y.$f)7)
563*$3X$Y
k)S,N,7.$^0-/.'0
f)0*0$Z-/.3)
!",:"$%6X$Y
f)0<,3.$^)*)N)
H03070$9)-)7.
#,3.&$k,3)*)'.
=9-3G"6,X$Y
9&%)$9)*,('>$!5)N9*)*.0'$?>$P.2(0-0<*$=.'+04->$!5)N9*)*.0'$f&*40(7>$•60]$R.O&$A(2)+&
f.%/*-$.'*0$"(&)3-888
__
N%9%-$%[(-3%X$Y 7%/-'7-3&6#
g!$
g,5N$_>$Cddh
A,%,-*$FC>$Cddh
aG$
Z2*06&($@>$Cddh
T
T
T
fA$
=9->73-3*"#'a
g!$
#&6(,)(N$?C>$?BBE
T
J*)6"$"G3'R*#("E$
==$
Z2*06&($?>$?BC?$LZ'5.'&M
T
==$
"&2&36&($C@>$?BC?$L9*&)3M
T
=9->73-3*"#'C%3E"6.
fA
Z2*06&($?>$?BC?
aG
Z2*06&($F>$?BC?
g!
Z2*06&($D>$?BC?
l1"@'L*4%'56)-(%
==$
Z2*06&($_>$?BC?
T
M%#6%X$Y
A2*.0'
J"(%X$Y
9.'%5&J15)N&(>$3,5*.15)N&(
A*$36*1&3*"#
I"JXZP>$"m"JXZP>$+04'50)+
B*+'2$,*#2",1(%.9$===,LF 9 c $R7*)$&^&51:Q'-*)55.'%$g)1)'&-&$2/)()2*&($-&*->$4(.**&'$)-$B*CD<-,*#2",1(%.9$===M
.-$)'$)2*.0'$%)3&$(&5&)-&+$6N$9&%)$.'$Cddh$<0($*/&$9&%)$9)*,('$O.+&0$%)3&$-N-*&38$H/&$%)3&c-$-*0(N$<05504-$*40
2/.5+(&'$&'*&(.'%$)$+(&)3$40(5+>$4/&(&$*/&N$)(&$).+&+$6N$*/&$*.*,5)($3).'$2/)()2*&(>$f.%/*-8$R*./)$'4)-$+&O&501&+$6N
90'.2$ H&)3>$ 4.*/$ l,Y.$ f)7)$ )-$ 1(0+,2&($ )'+$ 5&)+$ 1(0%()33&(>$ )'+$ f)0*0$ “-/.3)$ )-$ */&$ 2/)()2*&($ +&-.%'&($ )'+
+.(&2*0(8$ H/&$ +&O&501&(-c$ .'*&'*.0'$ 4)-$ *0$ 3)7&$ */&$ -&'-)*.0'$ 0<$ <5.%/*$ */&$ 2&'*()5$ %)3&15)N$ &5&3&'*>$ )2/.&O&+
*/(0,%/$F"$%()1/.2-$)'+$)$2036.')*.0'$0<$60*/$?"$)'+$F"$%)3&15)N8
"
"
H/&$%)3&$4)-$(&J(&5&)-&+$<0($*/&$90'N$!5)N9*)*.0'$?$0'$#&6(,)(N$?C>$?BBE$&]25,-.O&5N$.'$g)1)'8$A$/.%/J+&<.'.*.0'
O&(-.0'$4)-$(&5&)-&+$40(5+4.+&$<0($!5)N9*)*.0'$f&*40(7$)'+$•60]$R.O&$A(2)+&$.'$Z2*06&($?BC?>$4.*/$)$P.2(0-0<*
=.'+04-$O&(-.0'$5)*&($(&5&)-&+$O.)$9*&)3$0'$"&2&36&($C@>$?BC?8$A$+.(&2*$-&W,&5>$R*./)$U'Z-&0#(<'-+'80(7;$>$4)(&5&)-&+$<0($*/&$=..$.'$?BB@8
73"6>
aO&(N$ '.%/*>$ )55$ /,3)'$ +(&)3-$ )(&$ 15)N&+$ 0,*$ .'$ f.%/*01.)$ )'+$ f.%/*3)(&>$ */&$ *40$ 1)(*-$ 0<$ */&$ +(&)3$ 40(5+8$ Q'
f.%/*01.)>$+.-*.'2*$)-1&2*-$0<$+(&)3&(-c$1&(-0')5.*.&-$)(&$(&1(&-&'*&+$6N$5,3.'0,-$2050(&+$-1/&(&-$7'04'$)-$KQ+&N)K8
^04&O&(>$*/&$&O.5$(,5&($0<$f.%/*3)(&>$=.S&3)'$*/&$=.27&+>$.-$-*&)5.'%$*/.-$+(&)3$&'&(%N$<(03$-5&&1.'%$O.-.*0(-$*0
%)*/&($104&($*0$*)7&$20'*(05$0<$f.%/*01.)$)'+$&O&'*,)55N$*/&$(&)5$40(5+8$H0$)2/.&O&$*/.->$/&$2(&)*&-$',3&(0,-$6&.'%2)55&+$ Kf.%/*3)(&'K>$ .'25,+.'%$ *40$ KR&O&5$ Z'&K$ f.%/*3)(&'>$ )2(06)*.2$ Y&-*&(J5.7&>$ <5.%/*J2)1)65&$ 6&.'%-$ 2)55&+
f.%/*-$)'+$X&)5)8$^04&O&(>$f.%/*-$(&6&5-$)%).'-*$=.S&3)'c-$15)'->$)'+$.-$1,'.-/&+$6N$6&.'%$.31(.-0'&+$.'-.+&$)'
Q+&N)$1)5)2&>$)$%)S&60J5.7&$20'*).'&($<0($+(&)3&(-c$Q+&N)8
Z'&$+)N>$a55.0*$a+4)(+-$)'+$I5)(.-$9.'25).(>$*40$2/.5+(&'$<(03$*/&$2.*N$0<$H4.'$9&&+->$%0$*/(0,%/$<).5,(&-8$a55.0*
5.7&-$*0$15)N$6)-7&*6)55>$6,*$.-$2/)55&'%&+$6N$7.+-$<(03$)'0*/&($%()+&$)'+$50-&-8$I5)(.-$4)'*-$*0$-.'%$.'$)$15)N$6,*$.0O&(203&$6N$-*)%&J<(.%/*$.'$<(0'*$0<$*/&$Y,+%&-8$H/)*$'.%/*>$*/&N$60*/$-,<<&($'.%/*3)(&-$*/)*$(&15)N$*/&$&O&'*-8$H/&N
&-2)1&$.'*0$f.%/*01.)$)'+$<.'+$*/)*$*/&N$60*/$10--&--$*/&$()(&$X&+$Q+&N)$0<$I0,()%&>$*/&$0'5N$*N1&$=.S&3)'$2)''0*
-*&)58$H/&N$(&5&)-&$f.%/*->$4/0$*&55-$*/&3$)60,*$+(&)3->$)'+$=.S&3)'$)'+$/.-$15)'->$)'+$*/&$*/(&&$6&%.'$)$Y0,('&N
*0$-*01$=.S&3)'$)'+$(&-*0(&$1&)2&$*0$f.%/*01.)8
f.%/*-$.'*0$"(&)3-888
_h
!F-6-)3%6$
f.%/*-$LF 9 c $R7*)$&^&51:Q'-*)55.'%$g)1)'&-&$2/)()2*&($-&*-M
"
"
f.%/*-$ .-$ )$ f.%/*3)(&'$ 2(&)*&+$ 6N$ =.S&3)'$ *0$ -*&)5$ X&+$ Q+&N)j$ /04&O&(>$ f.%/*-$ 6&*()N-$ =.S&3)'$ )'+$ .-&)5&+$.'$*/&$Q+&N)$!)5)2&$,'*.5$a55.0*$0($I5)(.-$",)5.S&-$4.*/$*/&3$*0$%&*$*/&$Q+&N)$6)278$f.%/*-$4&)(-$)$1,(15&
Y&-*&($ -*N5&$ /)*$ )'+$ 0,*<.*>$ 4.*/$ )$ X&+$ Q+&N)$ -/)(+$ -/)1&+$ 5.7&$ )$ +.)30'+$ 0'$ */&.($ 2/&-*8$ 90'.2$ H&)3
-1&2.<.2)55N$ +&-.%'&+$ f.%/*-$ )-$ )'$ )'+(0%N'0,-$ 2/)()2*&(j$ H)7)-/.$ Q.S,7)$ 2033&'*&+>$ KQ31(&--.0'-$ 0<$ */&
2/)()2*&($4.*/$(&%)(+-$*0$%&'+&($)(&$*0*)55N$,1$*0$*/&$15)N&(8K$f.%/*-$+0&-$'0*$-1&)7$.'$*/&$%)3&>$0*/&($*/)'
3)7.'%$'0.-&-$,10'$6&.'%$.'Y,(&+8
I5)(.-$9.'25).($L+ * 7 ( & , . + I = $X&070*$&'C/*#F&0(7^&51:Q'-*)55.'%$g)1)'&-&$2/)()2*&($-&*-M
"
"
"
"
"
"
"
"
"
A$ *)5&'*&+$ -.'%&(>$ I5)(.-c$ )36.*.0'$ .-$ *0$ 1&(<0(3$ 0'$ -*)%&8$ 9/&$ ),+.*.0'-$ <0($ )$ 1)(*$ .'$ */&$ &O&'*2033&30()*.'%$*/&$2&'*&')(N$0<$*/&$2.*N$0<$H4.'$9&&+-8$^04&O&(>$,10'$-*)'+.'%$.'$<(0'*$0<$*/&$Y,+%&->$-/&$.0O&(203&$6N$-*)%&$<(.%/*$)'+$+0&-$'0*$1&(<0(3$4&558$I5)(.-$50-&-$)55$/01&$0<$%&**.'%$*/&$(05&>$)'+$4/&'$-/&
<)55-$)-5&&1$*/)*$'.%/*>$*/&$&O.5$-1.(.*-$0<$f.%/*3)(&$-&.S&$,10'$*/)*$<&)(>$15)2.'%$I5)(.-$.'$)$'.%/*3)(&$O&(-.0'
0<$*/&$),+.*.0'8$#5&&.'%$<(03$*/&$-*)%&>$-/&$-,++&'5N$<.'+-$/&(-&5<$.'$)$5,-/$-1(.'%$O)55&N>$4.*/$f.%/*-$2)55.'%
*0$/&(8
a55.0*$a+4)(+-$L8 7 d ? ) & 8 % ! # e $L0*-))-'L5-@dl&^&51:Q'-*)55.'%$g)1)'&-&$2/)()2*&($-&*-M
"
"
"
"
"
"
"
"
"
"
a55.0*$.-$)$6,++.'%$6)-7&*6)55$15)N&(>$&'Y0N.'%$)$%)3&$4.*/$/.-$<(.&'+-$0'&$+)N8$A$%(0,1$0<$05+&($/.%/$-2/005
-*,+&'*-$)((.O&$)'+$2/)55&'%&$*/&3$*0$)$%)3&>$2),-.'%$a55.0*$*0$-,<<&($)$/,3.5.)*.'%$+&<&)*$0'$*/&$20,(*8$H/)*
'.%/*>$)$'.%/*3)(&$(&15)N-$*/&$&O&'*->$)'+$a55.0*$(,'-$65.'+5N$.'*0$*/&$40(5+$0<$f.%/*01.)>$4/&(&$/&$+.-20O&(*/&$.31(.-0'&+$f.%/*-8
=.S&3)'$L! 9 e B . $V7*l&;7#^&51:Q'-*)55.'%$g)1)'&-&$2/)()2*&($-&*-M
"
"
"
"
=.S&3)'$ .-$ */&$ 3).'$ )'*)%0'.-*$ 0<$ */&$ %)3&8$ ^&$ .-$ */&$ &O.5$ (,5&($ 0<$ f.%/*3)(&>$ */&$ +)(7$ /)5<$ 0<$ */&
+(&)340(5+8$ =.S&3)'$ .-$ */&$ 2(&)*0($ 0<$ */&$ f.%/*3)(&':$ f.%/*->$ X&)5)>$ g)275&>$ I5)4S>$ \,510>$ \.554.'%$ )'+
!,<<N>$)-$4&55$)-$3)'N$3.'0($3)(&'$-&&'$.'$*/&$5&O&5-8$=/&'$f.%/*-$(&6&55&+$)%).'-*$=.S&3)'>$X&)5)$6&2)3&
=.S&3)'c-$/&'2/3)'8$=.S&3)'$.-$*/&$<.')5$60--$0<$*/&$%)3&j$)11&)(.'%$)-$/05504$250*/.'%$)'+$h$/)'+->$&)2/
4.*/$)'$&N&$.'$*/&$1)538$^&$/)-$)'$)(()N$0<$3N-*.2)5$104&(-$)'+$)6.5.*.&-8$",(.'%$*/&$60--$6)**5&>$/&$6(.'%f.%/*->$a55.0*$)'+$I5)(.-$.'*0$+.<<&(&'*$502)*.0'-8
X&)5)$L7 = * $1*707^&51:Q'-*)55.'%$g)1)'&-&$2/)()2*&($-&*-M
"
"
X&)5)$L1(0'0,'2&+$(&&JARJ)/M$.-$=.S&3)'c-$30-*$*(,-*&+$-&(O)'*8$G'5.7&$f.%/*->$X&)5)$.-$2(,&5>$6(,*)5>$25&O&(>
)'+$20315&*&5N$50N)5$*0$=.S&3)'8$X&)5)$4)-$(&-10'-.65&$<0($f.%/*-c$.31(.-0'3&'*$.'$*/&$Q+&N)$!)5)2&8$A*$*/&
-*)(*$0<$*/&$60--$<.%/*$)%).'-*$/.3>$*/&$2/)()2*&($+&5.O&(-$0'&$0<$*/&$0'5N$*40$-107&'$5.'&-$.'$*/&$&'*.(&$%)3&>
)2*,)55N$)$3)+&J,1$40(+$2(&)*&+$6N$H)7)-/.$Q.S,7)8
M-,%:9->
R*./)$'*#)-'80(7;$>>>'.-$-15.*$.'*0$-&O&'$5&O&5->$(&<&((&+$*0$)-$K"(&)3-K8$H/&$5&O&5-$)(&$+.-*(.6,*&+$&W,)55N$6&*4&&'
*/&$*40$2/.5+$2/)()2*&(-j$*/(&&$)(&$,'.W,&$*0$I5)(.->$*/(&&$*0$a55.0*>$)'+$&)2/$15)N$*/(0,%/$)'$.+&'*.2)5$<.')5$-&O&'*/
5&O&5>$ KH4.'$ 9&&+-K8$ Q'.*.)55N>$ 0'5N$ I5)(.-c$ 91(.'%$ m)55&N$ )'+$ a55.0*c-$ 915)-/$ \)(+&'$ )(&$ )O).5)65&>$ )'+$ -,22&--<,5
20315&*.0'$0<$0'&$0<$*/&-&$,'5027-$*/&$'&]*$5&O&5$.'$*/)*$2/.5+c-$1)*/8$!(&O.0,-5N$20315&*&+$-*)%&-$3)N$6&$(&O.-.*&+
*0$ .31(0O&$ */&$ 15)N&(c-$ /.%/$ -20(&-j$ )$ KIK$ %()+&$ .'$ )55$ */&$ -&5&2*&+$ 2/.5+c-$ 5&O&5-$ 3,-*$ 6&$ )2/.&O&+$ *0$ ,'5027$ */&
(&5&O)'*$H4.'$9&&+-$-*)%&$<0($*/)*$2/)()2*&(8
a)2/$5&O&5$.-$-15.*$,1$.'*0$<0,($KP)(&-K$-&*$.'$f.%/*01.)$)'+$)$60--$<.%/*$4/.2/$*)7&-$15)2&$.'$f.%/*3)(&8$Q'$&)2/$
5&O&5>$15)N&(-$.'.*.)55N$20'*(05$I5)(.-$0($a55.0*>$4/0$.33&+.)*&5N$/)O&$*/&.($Q+&N)-$0<$/01&>$%(04*/>$.'*&55.%&'2&$)'+$
1,(.*N$-*05&'$<(03$*/&3$6N$=.S&3)'c-$3.'.0'->$5&)O.'%$6&/.'+$0'5N$*/&.($Q+&N)$0<$20,()%&8$H/&$%0)5$0<$&)2/$P)(&$.-$
*0$ (&20O&($ 0'&$ 0<$ */&$ -*05&'$ Q+&N)$ 6N$ 2055&2*.'%$ ?B$ 65,&$ 2/.1-$ )'+$ +&5.O&(.'%$ */&3$ *0$ */&$ 2)%&$ /05+.'%$ */&$ Q+&N)>
f.%/*-$.'*0$"(&)3-888
4/.2/$4.55$0O&(50)+$)'+$(&5&)-&$*/&$0(6$.*$/05+-8$Q*$.-$10--.65&$*0$20315&*&$-03&$0<$*/&$5&O&5-c$%0)5-$6N$4)'+&(.'%
)(0,'+$*/&$5)'+-2)1&$0<$f.%/*01.)$)-$I5)(.-$0($a55.0*$L1,(-,&+$6N$)'$&%%J-/)1&+$)5)(3$25027$4/.2/$4.55$4)7&$,1$*/&
2/.5+$)'+$&'+$*/&$5&O&5$.<$.*$2)*2/&-$*/&$15)N&(M>$6,*$*/&$3)Y0(.*N$0<$*/&$%)3&15)N$2&'*&(-$0'$f.%/*-c$<5N.'%$-&W,&'2&->
*(.%%&(&+$6N$4)57.'%$.'*0$*/&$Q+&N)$!)5)2&$'&)($*/&$-*)(*$0<$&)2/$5&O&5$-0$*/)*$*/&$2/.5+$3&(%&-$4.*/$*/&$.31(.-0'&+
f.%/*-8
Q'$*/&$<5N.'%$-&2*.0'->$*/&$15)N&($20'*(05-$f.%/*-c$<5.%/*$)50'%$)$1)(*.2,5)($1(&+&*&(3.'&+$(0,*&$*/(0,%/$&)2/$P)(&8
!5)N&(-$ 2)'$ 0'5N$ <5N$ .'$ */&$ ?"$ 15)'&$ 0<$ */&$ -2(&&'>$ 4.*/$ */&.($ )2*,)5$ 30*.0'$ */(0,%/$ */&$ 5&O&5$ +&*&(3.'&+$ 6N$ */&
),*03)*.2$2)3&()$)'%5&$)*$*/)*$10.'*$.'$*/&$P)(&8$H/&$15)N&($/)-$0'5N$)$5.3.*&+$1&(.0+$)O).5)65&$6&<0(&$f.%/*-$<)55-$*0
*/&$%(0,'+$)'+$*,('-$6)27$.'*0$I5)(.-$0($a55.0*>$)'+$&)2/$2055.-.0'$4.*/$)'$&'&3N$-,6*()2*-$<.O&$-&20'+-$<(03$*/&$*.3&
(&3).'.'%8$A<*&($(&*(.&O.'%$*/&$Q+&N)$.'$)$P)(&>$*/&$15)N&($2)'$&.*/&($(&*,('$*0$*/&$Q+&N)$!)5)2&$*0$1(0%(&--$*0$*/&
'&]*$P)(&>$0($20'*.',&$<5N.'%$30(&$5)1-$0<$*/&$P)(&$L4.*/$(&15&'.-/&+$.*&3-M8
=/.5-*$ <5N.'%>$ f.%/*-$ 2)'$ ,-&$ )$ 600-*$ *0$ *()O&5$ <)-*&(>$ )-$ 4&55$ )-$ +&<&)*$ 2&(*).'$ &'&3.&-$ 5.**&(&+$ )2(0--$ */&$ <.&5+8
\()66.'%$0'*0$2&(*).'$&'&3.&-$4.55$2),-&$f.%/*-$*0$-1.'$)(0,'+>$5),'2/.'%$f.%/*-$)'+$*/&$&'&3N$.'$*/&$+.(&2*.0'$*/&
600-*$.-$1(&--&+8$m)(.0,-$)2(06)*.2$3)'&,O&(-$2)'$6&$1&(<0(3&+>$.'25,+.'%$*/&$K!)()5001K>$4/&(&6N$<5N.'%$)(0,'+$.'
)$ 20315&*&$ 2.(25&$ )'+$ 20''&2*.'%$ */&$ *().5$ 0<$ -*)(-$ 5&<*$ .'$ f.%/*-c$ 4)7&$ 4.55$ 2),-&$ )'N$ .*&3-$ 4.*/.'$ */&$ 5001$ *0$ 6&
)**()2*&+$ *04)(+-$ f.%/*-8$ H/&$ %)3&$ <&)*,(&-$ )$ 20360$ -N-*&3$ 7'04'$ )-$ KR.'7.'%K>$ 4/&(&6N$ )2*.0'-$ -,2/$ )2055&2*.'%$.*&3-$)'+$<5N.'%$*/(0,%/$(.'%-$)(&$40(*/$30(&$10.'*-$4/&'$1&(<0(3&+$.'$W,.27$-,22&--.0'$*/)'$*/&N$)(&
.'+.O.+,)55N8$#5N.'%$*/(0,%/$2&(*).'$-1&2.)5$(.'%-$)2*.O)*&-$)$-/0(*$1&(.0+$0<$*.3&$.'$4/.2/$&]*()$10.'*-$2)'$6&$&)('&+
*/(0,%/$*/&$1&(<0(3)'2&$0<$O)(.0,-$)&(06)*.2$-*,'*-8
A*$*/&$&'+$0<$&)2/$P)(&>$15)N&(-$)(&$%.O&'$)$()'7$L6&*4&&'$A$)'+$#M$6)-&+$0'$*/&.($-20(&>$)'+$)<*&($)55$<0,($P)(&)(&$25&)(&+$)'$0O&()55$()'7$<0($*/&$5&O&5$.-$+.-15)N&+8$f.%/*-$.-$*/&'$*()'-10(*&+$*0$f.%/*3)(&$<0($)$60--$<.%/*$)%).'-*
0'&$0<$=.S&3)'c-$f.%/*3)(&'-8$a)2/$60--$<.%/*$/)-$)$*.3&$5.3.*>$)'+$*/&$%)3&$4.55$&'+$.<$*/&$15)N&($(,'-$0,*$0<$*.3&
+,(.'%$*/&$6)**5&8$G10'$4.''.'%$*/&$60--$<.%/*>$*/&$15)N&($.-$)4)(+&+$)$-20(&$3,5*.15.&($6)-&+$0'$/04$W,.275N$*/&
60--$4)-$+&<&)*&+>$4/.2/$.-$*/&'$)115.&+$*0$*/&$-20(&$&)('&+$.'$*/&$f.%/*01.)$-&2*.0'$.'$0(+&($*0$1(0+,2&$*/&$15)N&(c<.')5$-20(&$<0($*/)*$"(&)38
5+L*G%
A-.+&$<(03$*/&$.33&+.)*&$%)3&$3.--.0'>$*/&$%)3&$)5-0$20'*).'-$)'$)(*.<.2.)5$5.<&$LKAJR.<&KM$-N-*&3>$)$1(&2,(-0($*0
*/&$I/)0$<&)*,(&+$.'$90'.2$H&)3c-$5)*&($C-#*!'?5:(#)&0('*.*5&-8$H/&$-N-*&3$.'O05O&-$&'*.*.&-$2)55&+$f.%/*01.)'-8$H/&
%)3&$7&&1-$*()27$0<$*/&$300+-$0<$*/&$f.%/*01.)'-$L/)(3.'%$*/&3$4.55$+.-15&)-&$*/&3>$<0($&])315&M>$)'+$*/&$%)3&
<&)*,(&-$)'$&O05O.'%$3,-.2$&'%.'&>$)5504.'%$*&310>$1.*2/>$)'+$3&50+N$*0$)5*&($+&1&'+.'%$0'$*/&$-*)*&$0<$f.%/*01.)'4.*/.'$*/&$5&O&58$Q*$.-$)5-0$10--.65&$*0$3&(%&$f.%/*01.)'-$4.*/$*/&$-3)55$f.%/*3)(&'$&'&3.&->$2(&)*.'%$)$/N6(.+$6&.'%
2)55&+$)$P&1.)'8$Q*$.-$&O&'$10--.65&$*/(0,%/$&]*&'-.O&$20'*(055&+$6(&&+.'%$*0$1(0+,2&$)$Kk.'%K$!.)'>$0($9,1&(1.)'8
A'$&]1)'+&+$O&(-.0'$0<$*/&$AJ5.<&$-N-*&3$4)-$.'25,+&+$.'$R*./)$U'Z-&0#(<'-+'80(7;$8
_@
f.%/*-$.'*0$"(&)3-888
_E
ZA')"#36"99%6
R*./)$'*#)-'80(7;$'4)-$.'*(0+,2&+$)50'%-.+&$)'$01*.0')5$%)3&$20'*(055&(>
.'25,+&+$ 4.*/$ 30-*$ 201.&-$ 0<$ */&$ %)3&>$ 2)55&+$ */&$ 9)*,('$ F"$ 20'*(055&(8
H/.-$ %)3&1)+$ <&)*,(&+$ )'$ )')50%$ -*.27$ L5),'2/.'%$ Y,-*$ )<*&($ */&$ (&5&)-&$ 0<
*/&$ f.'*&'+0$ hD$ .'$ g)1)'>$ 4/.2/$ <&)*,(&+$ )$ 20'*(05$ -*.27$ 0'$ .*-$ -*)'+)(+
20'*(055&(M$)'+$)')50%$*(.%%&(-8
J&$*)
H/&$ %)3&c-$ 3,-.2$ /)-$ 1(0O&'$ *0$ 6&$ W,.*&$ 101,5)($ )'+$ /)-$ 6&&'$ (&3.]&+
-&O&()5$*.3&->$60*/$1(0<&--.0')55N$)'+$6N$<)'-8$Q*$)5-0$3)7&-$)'$)11&)()'2&
.'$ 9&%)c-$ !/)'*)-N$ 9*)($ Z'5.'&$ %)3&->$ )-$ 60',-$ 3,-.2$ <0($ 20315&*.'%$ )
W,&-*$*/&3&+$)<*&($*/&$0(.%.')5$f.%/*-$%)3&8$H/&$3,-.2$<(03$*/&$5&O&5-$4)%&'&()*&+$ .'J%)3&$ ,-.'%$ */&$ 9)*,('$ O&(-.0'$ 0<$ Q'O.-.0'c-$ IN6&(-0,'+>
4/.2/$4)-$)5-0$,-&+$.'$0*/&($%)3&-$-,2/$)-$E7#l(0'807.--#'bb't@(*')'+
E7#l(0'807.--#'C7.78
H/&$01*.0')5$F"$20'*(055&($*/)*$2)3&
1)27)%&+$4.*/$R*./)$'*#)-'80(7;$>>>8
LG9;aG$O&(-.0'$-/04'j$*/&$g)1)'&-&$1)+
4)-$4/.*&8M
9&O&()5$ O&(-.0'-$ 0<$ */&$ R*./)$$ */&3&$ -0'%$ K"(&)3-$ "(&)3-K$ )11&)(
*/(0,%/0,*$*/&$%)3&-$.'$*/&$-&(.&-8$H/&$-0'%$.-$)$+,&*$6&*4&&'$)$3)'$)'+$)$403)'>$4/.2/$<&)*,(&-$)$2)55$)'+$)'-4&(
2/0(,-8$H/&$O02)5$O&(-.0'-$0<$*/&$-0'%$<&)*,(&+$.'$*/.-$%)3&$)(&$*/&$)+,5*-c$O&(-.0'>$-,'%$6N$I,(*.-$k.'%>$g(8>$r$")')
I)5.*(.j$ )'+$ */&$ 2/.5+(&'c-$ O&(-.0'>$ -,'%$ 6N$ I)3&(0'$ a)(5$ 9*(0*/&($ )'+$ g)-3.'&$ A''$ A55&'>$ 4/.2/$ -&%,&-$ .'*0$ */&
)+,5*-c$O&(-.0'$)<*&($*/&$6(.+%&8$S/0*$);7$'R*./)$'<&)*,(&-$)'$)$2)11&55)$O&(-.0'$-,'%$6N$P)(50'$9),'+&(->$\)6(.&5
P0((.-$)'+$Q--)$I5&30'8
A%4%9":,%#3
H/&$ 20'2&1*$ <0($ */&$ %)3&$ 0(.%.')*&+$ +,(.'%$ */&$ +&O&5013&'*$ 0<$ C-#*!' )/(' B(5.(/-.' a8$ l,Y.$ f)7)$ (&20,'*&+>$ KUQV
/&)+&+$ 6)27$ *0$ g)1)'$ -0$ */)*$ Q$ 20,5+$ 40(7$ 4.*/$ P(8$ “-/.3)$ )'+$ 4/.5&$ Q$ 4)-$ 4).*.'%$ <0($ */&$ 15)'&$ *0$ *)7&$ 0<<>$ Q
*/0,%/*>$cR&*c-$3)7&$)$%)3&$4/&(&$4&$2)'$<5N•c$90$Q$%,&--$*/)*c-$4/&(&$.*$)55$-*)(*&+8K$f)0*0$“-/.3)$)++&+>$K=&$/)+
)$50*$0<$+.<<&(&'*$.+&)-$)60,*$/04$*0$10(*()N$*/&$4/05&$.+&)$0<$<5N.'%8$Z'&$.+&)$4)-$*/)*$)$5.**5&$6.(+$4/0$20,5+'c*$<5N
%(04-$.'*0$)$6.%$6.(+$)'+$*/&'$/)-$*/&$<(&&+03$0<$6&.'%$)65&$*0$<5N8$[,*$4&$+&2.+&+$)%).'-*$*/&$4/05&$)'.3)5$(&5)*&+
.+&)$)-$*/.-$40,5+$6&$)$+.(&2*$2031)(.-0'$*0$90'.28$90$4&$+&2.+&+$)$30(&$/,3)'$5.7&$2/)()2*&($4)-$)$6&**&($.+&)8K
="63$
N%,-.%
9&%)$ (&5&)-&+$ )$ (&3)7&$ 0<$ R*./)$' *#)-' 80(7;$>>>' <0($ */&$ 90'N$ !5)N9*)*.0'$ ?$ .'$ g)1)'$ 0'$ #&6(,)(N$ ?C>$ ?BBE8$ Q*
.'25,+&-$ Ch:d$ 4.+&$ -2(&&'$ -,110(*>$ 60*/$ )$ 25)--.2$ 9&%)$ 9)*,('$ %()1/.2-$ 30+&$ )'+$ )$ 90'N$ !9?$ (&3)7&$ 30+&>$ )'
.55,-*()*.0'$ %)55&(N$ )'+$ )$ 30O.&$ O.&4&($ 30+&8$ H/&$ %)3&$ .-$ )O).5)65&$ <0($ )$ 6,+%&*$ 1(.2&>$ 0($ */&$ f.%/*01.)$ "(&)3
!)27>$4/.2/$.'25,+&-$)$(&1(.'*$0<$)$1.2*,(&$6007$*/)*$4)-$(&5&)-&+$.'$g)1)'$)50'%-.+&$*/&$0(.%.')5$9)*,('$%)3&8$H/&
I/(.-*3)-$ f.%/*-$ 5&O&5-$ )(&$ .'25,+&+$ )-$ )'$ ,'5027)65&$ 60',->$ 15)N)65&$ )<*&($ */&$ 3).'$ %)3&$ .-$ 20315&*&+8UCV$ Q'
7&&1.'%$4.*/$*/&$*.3&J0(.&'*&+$-,(1(.-&-$0<$*/&$9)*,('$0(.%.')5>$*/&$(&3)7&$<&)*,(&-$f.%/*->$a55.0*$)'+$I5)(.-$4&)(.'%
-1&2.)5$ -&)-0')5$ 250*/.'%$ +,(.'%$ 2&(*).'$ /05.+)N->$ -,2/$ )-$ 1)(*N$ 20-*,3&-$ +,(.'%$ ^)5504&&'$ .'$ PN-*.2$ #0(&-*$ 0(
-4.3J4&)($+,(.'%$*40$-1&2.)5$+)N-$.'$-,33&($.'$915)-/$\)(+&'8
H/&$90'N$!5)N9*)*.0'$?$O&(-.0'$0<$*/&$%)3&$4)-$(&5&)-&+$0'5N$.'$g)1)'8
f.%/*-$.'*0$"(&)3-888
_d
?A'4%6$*"#
A$/.%/$+&<.'.*.0'$10(*$0<$*/&$!9?$O&(-.0'$4)-$(&5&)-&+$<0($!5)N9*)*.0'$f&*40(7$0'$Z2*06&($?>$?BC?$)'+$<0($•60]
R.O&$ A(2)+&$ 0'$ Z2*06&($ _>$ ?BC?>8$ A$ P.2(0-0<*$ =.'+04-$ O&(-.0'$ 4)-$ (&5&)-&+$ O.)$ 9*&)3$ 0'$ "&2&36&($ C@>$ ?BC?8
H/.-$O&(-.0'$0<$*/&$%)3&$.'*(0+,2&-$0'5.'&$/.%/$-20(&$5&)+&(60)(+->$)'+>$5.7&$*/&$!9?$O&(-.0'>$.'25,+&-$*/&$01*.0'$*0
15)N$ &.*/&($ 4.*/$ &'/)'2&+$ %()1/.2-$ 0($ 4.*/$ */&$ 0(.%.')5$ 9)*,('$ O&(-.0'c-$ %()1/.2-8$ H/&$ ^"$ O&(-.0'$ )5-0$ .'25,+&S/0*$);7$' R*./)$j$ 6,*$ 5.7&$ 6&<0(&>$ */&$ 0(.%.')5$ %)3&c-$ *40$ 15)N&($ O&(-,-$ 30+&>$ )'+$ S/0*$);7$' R*./)$c$ 90'.2$ */&
^&+%&/0%$5&O&5$4&(&$(&30O&+8
N%)%:3*"#
N%)%:3*"#
5//6%/-3%'$)"6%$
5//6%/-3"6
7)"6%
\)3&X)'7.'%-
EE`
N%4*%E'$)"6%$
=&19*)-3*"#
7)"6%
a+%&
E$0,*$0<$CB
\)3&$Q'<0(3&(
E8_$0,*$0<
CB
\)3&!(0
$ $ $ $
\)3&$X&O05,*.0'
A
Q\f
E8@$0,*$0<
CB
A*$*/&$*.3&$0<$.*-$(&5&)-&>$R*./)$'*#)-'80(7;$'4)-$*/&$*01J-&55.'%$%)3&$<0($*/&$9&%)$9)*,('>$)'+$4)-$*/&$?C-*$/.%/&-*
-&55.'%$%)3&$.'$g)1)'$<0($*/&$N&)($Cddh8
R*./)$' /)-$ )11&)(&+$ .'$ -&O&()5$ K%(&)*&-*$ %)3&-K$ 5.-*-8$ Q'$ )$ g)',)(N$ ?BBB$ 1055$ 0<$ (&)+&(-$ 0<$ S-;6&)(0' 7#5' f*5(Y7;($'3)%)S.'&>$.*$)11&)(&+$.'$C_*/$15)2&$.'$)$5.-*$0<$*/&$KCBB$%(&)*&-*$%)3&-K$L+.(&2*5N$6&/.'+$C&6(0'J70*-'uqM8
L5.('%)O&$.*$)$-20(&$0<$E;CB$.'$.*-$0(.%.')5$Cddh$(&O.&4$0<$*/&$%)3&>$)'+$.'$.*-$Z2*06&($?BBF$.--,&$*/&$3)%)S.'&c-*)<<$15)2&+$R*./)$'.'$.*-$5.-*$0<$*/&$*&'$%(&)*&-*$15)*<0(3$%)3&-8$L,(!)0-#*!'Y7;*#.'J-#)/,<>$.'$.*-$KH/&$\(&)*&-*$?BB
m.+&0%)3&-$0<$H/&.($H.3&K$5.-*>$()'7&+$*/&$%)3&$ChB*/8$R(K)'Y(#(07)*-#'J7.7l*#('()'7&+$*/&$%)3&$?_*/$.'$.*-$5.-*
0<$*/&$KCBB$\(&)*&-*$\)3&-$0<$A55JH.3&K$.'$*/&$9&1*&36&($Cddh$.--,&8$CG!8203$()'7&+$*/&$\)3&$F(+$.'$.*-$KH01
H&'$I,5*$I5)--.2-8K$Q\fc-$?BB@$KH01$CBB$\)3&-$0<$A55$H.3&•K$5.-*$()'7&+$*/&$%)3&$)*$dD;CBB>$)'+$.'$?BBE>$Q\f
-*)<<$4(.*&($R&O.$[,2/)')'$()'7&+$.*$D*/$.'$/.-$5.-*$0<$*/&$*01$CB$9&%)$9)*,('$%)3&-8
a,(0%)3&($ %)O&$ */&$ ^"$ (&J(&5&)-&$ )$ d;CB>$ 01.'.'%$ */)*$ K1&(/)1-$ f.%/*-$ .-$ 90'.2$ H&)3c-$ 3)-*&(1.&2&>K$ 4/.5&
)27'045&+%.'%$*/)*$*/&$%)3&$K.-$-*.55$+&-*.'&+$*0$6&$3.-,'+&(-*00+$6N$3)'NK$+,&$*0$.*-$K,**&(5N$,'.W,&K$+&-.%'8U?V
f.%/*-$.'*0$"(&)3-888
N%9-3%('/-,%$
!F6*$3,-$'C*/F3$
S/0*$);7$'R*./)$'.-$)$I/(.-*3)-J*/&3&+$*40J5&O&5$%)3&$0<$R*./)$'*#)-'80(7;$'*/)*$4)-$(&5&)-&+$.'$"&2&36&($Cddh8
Q'$g)1)'>$.*$4)-$1)(*$0<$)$I/(.-*3)-$9&%)$9)*,('$6,'+5&8$a5-&4/&(&$.*$4)-$%.O&'$)4)N$4.*/$*/&$1,(2/)-&$0<$-&5&2*
9&%)$ 9)*,('$ %)3&-$ -,2/$ )-$ 87<)-#7' ]C?' S/7;6*-#$/*6' S*0!&*)' L5*)*-#>$ )'+$ 4)-$ 6,'+5&+$ .'$ 4.*/$ .--,&-$ 0<$ C(.7
C7)&0#'J7.7l*#(>$Y7;('E,7<(0$')'+$R(K)'Y(#(07)*-#'J7.7l*#(8$H/&$I"JXZP-$%.O&'$)4)N$0'$*/&$<(0'*$20O&($0<
C(.7'C7)&0#'J7.7l*#('4&(&$3.--.'%$*/&$2)(+$-5.1$2)-&$.'$4/.2/$*0$7&&1$*/&$+.-2>$)'+$4&(&$.'-*&)+$-,115.&+$4.*/$)
*()'-1)(&'*$15)-*.2$0'&8$H/&$%)3&$4)-$)5-0$)O).5)65&$<0($(&'*$)*$[50276,-*&($m.+&0$502)*.0'-$.'$A3&(.2)8$Q'$*/&$Gk>
S/0*$);7$'R*./)$'4)-$'0*$.'25,+&+$4.*/$*/&$0<<.2.)5$C(.7'C7)&0#'J7.7l*#(','*.5$"&2&36&($Cdd@8
H/&$S/0*$);7$'R*./)$'+.-2$20'*).'-$*/&$<,55$O&(-.0'$0<$I5)(.-c$91(.'%$m)55&N$+(&)3$5&O&5$<(03$R*./)$'*#)-'80(7;$>
4/.2/$)5504-$60*/$I5)(.-$)'+$a55.0*$*0$15)N$*/(0,%/$*/&$)(&)>$-03&*/.'%$a55.0*$20,5+$'0*$+0$1(&O.0,-5N$)-$.*$4)-$'0*
/.-$+(&)38$a55.0*c-$O&(-.0'$0<$*/&$5&O&5$20'*).'-$)$+.<<&(&'*$.*&3$5)N0,*$*/)'$I5)(.-c8
H/&$-*0(N$0<$S/0*$);7$'R*./)$'<05504-$a55.0*$)'+$I5)(.-$+,(.'%$*/&$/05.+)N$-&)-0'$<05504.'%$*/&.($)+O&'*,(&-$4.*/
f.%/*-8$ H/0,%/$ */&N$ 60*/$ &'Y0N$ */&$ I/(.-*3)-$ -&)-0'>$ */&N$ <&&5$ )-$ .<$ -03&*/.'%$ .-$ 3.--.'%8$ #.'+.'%$ */)*$ */&
I/(.-*3)-$9*)($*/)*$,-,)55N$-.*-$)*$*/&$*01$0<$*/&$H4.'$9&&+-$I/(.-*3)-$*(&&$.-$3.--.'%>$*/&$1).($/&)+$0<<$*0$f.%/*01.)
*0$<.'+$.*8$H/&(&>$*/&N$3&&*$,1$4.*/$f.%/*-$)%).'$)'+$(&J&]150(&$91(.'%$m)55&N>$4/.2/$/)-$'04$6&&'$I/(.-*3)-J.<.&+
+,&$*0$*/&$7.+-c$+(&)3-$0<$*/&$/05.+)N$-&)-0'8$H/&$*(.0$0<$/&(0&-$3,-*$'04$*)7&$+04'$)$(&O.O&+$\.554.'%$)'+$(&*(.&O&
*/&$I/(.-*3)-$9*)($<(03$/.-$5).(8
H/&$ %)3&$ ,-&-$ */&$ 9)*,('c-$ .'*&(')5$ 25027$ *0$ 2/)'%&$ &5&3&'*-$ 0<$ */&$ %)3&$ )220(+.'%$ *0$ */&$ +)*&$ )'+$ *.3&8$ Q'
f0O&36&($)'+$g)',)(N>$*/&$*.*5&$-2(&&'$5)6&5$Kf.%/*-:$R.3.*&+$a+.*.0'K$.-$2/)'%&+$*0$K=.'*&($f.%/*-K>$4.*/$*/&$5,-/
%(&&'&(N$ 0<$ */&$ &'O.(0'3&'*$ 6&.'%$ (&15)2&+$ 6N$ 4/.*&$ -'048$ ",(.'%$ "&2&36&(>$ KI/(.-*3)-$ f.%/*-K$ 30+&$ .)2*.O)*&+>$ (&-,5*.'%$ .'$ <,(*/&($ I/(.-*3)-J*/&3&+$ )5*&()*.0'->$ -,2/$ )-$ .*&3$ 60]&-$ 6&203.'%$ I/(.-*3)-$ 1(&-&'*->
f.%/*01.)'-$ +(&--.'%$ .'$ &5<$ 20-*,3&->$ )'+$ I/(.-*3)-$ *(&&-$ (&15)2.'%$ Q+&N)$ 2)1*,(&-8$ H/&$ 6)27%(0,'+$ 3,-.2$ .(&15)2&+$6N$)'$.'-*(,3&'*)5$O&(-.0'$0<$Kg.'%5&$[&55-K>$)-$4&55$)-$*/&(&$6&.'%$)$KI/(.-*3)-J5.7&K$(&'+.*.0'$0<$*/&$60-*/&3&8$ ",(.'%$ */&$ K=.'*&($ f.%/*-K$ 1&(.0+>$ */&$ 4&)*/&($ .'$ 91(.'%$ m)55&N$ 4.55$ 2/)'%&$ )220(+.'%$ *0$ 4/)*$ /0,($ .*$ .-8
Z*/&($20-3&*.2$2/)'%&-$)(&$O.-.65&$0'$f&4$l&)(c-$")N$)'+$^)5504&&'>$)'+$50)+.'%$*/&$%)3&$0'$A1(.5$#005c-$")N
(&-,5*-$.'$X&)5)$(&15)2.'%$f.%/*-$)-$*/&$15)N)65&$2/)()2*&(8
H/&$+.-2$<&)*,(&-$)$',36&($0<$,'5027)65&$60',-&-$-,2/$)-$2/)()2*&($)(*40(78$#,(*/&($&]*()$30+&-$)5504$15)N&(-$*0
06-&(O&$*/&$-*)*,-$0<$*/&$AJ5.<&$-N-*&3>$&]1&(.3&'*$4.*/$*/&$%)3&c-$3,-.2$3.]&(>$*.3&$)**)27$0'&$P)(&>$0($15)N$*/&
+&30$ -*)%&$ )-$ 9&%)c-$ 3)-20*$ 90'.2$ */&$ ^&+%&/0%8$ Q'$ */&$ K90'.2$ */&$ ^&+%&/0%:$ Q'*0$ "(&)3-K$ 3.'.%)3&>$ 90'.2$ .0'5N$)65&$*0$*()O&(-&$*/&$91(.'%$m)55&N$-*)%&$0'$<00*>$)'+$*/&$0(.%.')5$%)3&c-$!,<<N$60--$.-$(&J-7.''&+$)-$)$K60,'2N
6)55K$ O&(-.0'$ 0<$ "02*0($ X060*'.78$ H/&$ 3,-.2$ .-$ )$ -5.%/*5N$ (&3.]&+$ O&(-.0'$ 0<$ K#.')5$ #&O&(K>$ */&$ <.')5$ 60--$ 6)**5&
3,-.2$<(03$*/&$g)1)'&-&$)'+$a,(01&)'$O&(-.0'$0<$ C-#*!'S88$H/&$S/0*$);7$'R*./)$'20'*&'*$.-$15)N)65&$.'$*/&$^"
O&(-.0'$)<*&($*/&$%)3&$/)-$6&&'$25&)(&+$0'2&8
7%S&%9
P).'$)(*.25&:$f.%/*-:$g0,('&N$0<$"(&)3"&3)'+$<0($)$-&W,&5$*0$R*./)$'*#)-'80(7;$>>>'/)-$6&&'$-*(0'%$<0($3)'N$N&)(-8$A$%)3&$4.*/$*/&$40(7.'%$*.*5&$K?*0
R*./)$K$4)-$.'*&'+&+$*0$,-&$)$*.5*$-&'-0($.'$*/&$9)*,('$)')50%$1)+>$)'+$+&O&5013&'*$5)*&($30O&+$*0$*/&$"(&)32)-*$<0(
)$ *.3&>$ 6,*$ &O&'*,)55N$ */&$ 1(0Y&2*$ 4)-$ +.-20'*.',&+8UFV$ A-.+&$ <(03$ )$ /)'+/&5+$ &5&2*(0'.2$ %)3&$ (&5&)-&+$ 6N$ H.%&(
a5&2*(0'.2-$L4/.2/$4)-$)5-0$10(*&+$*0$H.%&(c-$XJq0'&$20'-05&M$)'+$-3)55$3.'.%)3&-$<&)*,(&+$.'$-&O&()5$9&%)$*.*5&->
'0$<,55$R*./)$'-&W,&5$4)-$(&5&)-&+$<0($)$9&%)$20'-05&8$l,Y.$f)7)$&]1(&--&+$/.-$(&5,2*)'2&$*0$+&O&501$)$-&W,&5>$6,*
)5-0$'0*&+$*/)*$/&$4)-$.'*&(&-*&+$.'$,-.'%$R*./)$')-$)$5.2&'-&$K*0$(&.'<0(2&$9&%)c-$.+&'*.*NK8UDV
hB
f.%/*-$.'*0$"(&)3-888
hC
Z'$ A1(.5$ C>$ ?BB@>$ )$ -&W,&5$ 2)55&+$ R*./)$U' Z-&0#(<' -+' 80(7;$' 4)-$ 0<<.2.)55N$ )''0,'2&+$ <0($ */&$ =..8$ H/&$ 0<<.2.)5
)''0,'2&3&'*$ <05504&+$ .*&3-$ 0'$ */&$ %)3&$ 1,65.-/&+$ .'$ -&O&()5$ 3)%)S.'&-$ )'+$ 4&6-.*&-8$ H/&$ -&W,&5$ .-$ )$ =..
&]25,-.O&>$ 3)7.'%$ ,-&$ 0<$ */&$ -N-*&3c-$ 30*.0'J-&'-.'%$ 20'*(055&(>$ )-$ 4)-$ .'.*.)55N$ 15)''&+$ <0($ ?*0' R*./)$8$ H/&
%)3&15)N$.'O05O&-$*/&$,-&$0<$O)(.0,-$3)-7->U_V$ )'+$<&)*,(&-$)$3,5*.15)N&($30+&$<0($*40$15)N&(-$.'$)++.*.0'$*0$=.#.
0'5.'&$<,'2*.0'-8$H/&$%)3&$4)-$+&O&501&+$6N$ 9&%)$9*,+.0$G9A>$4.*/$ H)7)-/.$Q.S,7)>$0'&$0<$*/&$+&-.%'&(-$0<$*/&
0(.%.')5$ %)3&>$ )-$ 1(0+,2&(8$ Q*$ 4)-$ (&5&)-&+$ .'$ g)1)'$ )'+$ */&$ G'.*&+$ 9*)*&-$ .'$ "&2&36&($ ?BB@>$ )'+$ .'$ a,(01&$ )'+
A,-*()5.)$0'$g)',)(N$CE>$?BBE8
Q'$?BCB>$H)7)-/.$Q.S,7)$2033&'*&+$*/)*$/&$40,5+$6&$O&(N$.'*&(&-*&+$.'$3)7.'%$)$*/.(+$R*./)$'%)3&>$-/0,5+$9&%)c3)')%&3&'*$+&2.+&$*0$+&O&501$0'&8
I&63F%6'-::%-6-#)%$
A$R*./)$$/)'+/&5+$&5&2*(0'.2$%)3&$4)-$(&5&)-&+$6N$H.%&($a5&2*(0'.2->$)'+$)$10(*$0<$.*$4)-$5)*&($(&5&)-&+$<0($H.%&(c-/0(*$5.O&+$XJq0'&$20'-05&8=.7.1&+.):I.*)*.0'$'&&+&+$R*./)$J*/&3&+$1.'6)55$)(&)-$<&)*,(&$.'$C-#*!'?5:(#)&0(')'+
C-#*!'E*#27,,'E70)<8$H/&$90'N$!5)N9*)*.0'$?$aN&H0N$*.*5&>$C(.7'C&6(0C)70$>$<&)*,(&-$)$3.'.%)3&$6)-&+$0'$R*./)$'.'
4/.2/$ f.%/*-$ .-$ 20'*(055&+$ ,-.'%$ */&$ 15)N&(c-$ 60+N8$ f.%/*-$ .-$ )'$ ,'5027)65&$ 2/)()2*&($ .'$ C-#*!' 1*5(0$' )'+$ C-#*!
1*5(0$U't(0-'Y07:*)<8$f.%/*-$)'+$X&)5)$)5-0$3)7&-$)$2)3&0$)11&)()'2&$.'$C-#*!'C/&++,('4/&'$*/&$9&%)$"(&)32)-*
-N-*&3c-$+)*&$.-$-&*$*0$I/(.-*3)-$aO&$0($A1(.5$#005-$")N>$(&-1&2*.O&5N8$A$3.'.%)3&$O&(-.0'$0<$R*./)$'*#)-'80(7;$>>>
.-$ 15)N)65&$ ,*.5.S.'%$ */&$ f.'*&'+0$ \)3&I,6&J*0J\)3&$ [0N$ A+O)'2&$ 20''&2*.O.*N$ 4.*/$ E/7#)7$<' C)70' 4#,*#(
L6*$-5('b'k'bb')'+$Q*,,<'B7)!/(0'7#5')/('Y*7#)'L..8$#05504.'%$)$-,22&--<,5$<)'$2)31).%'$6N$'.%/*-.'*0+(&)3-8203
UhV
>$ f.%/*-$ 4)-$ .'*&%()*&+$ .'*0$ C-#*!' k' C(.7' ?,,DC)70$' 17!*#.' )-$ */&$ <5)%3)'>$ )'+$ f.%/*-$ )'+$ X&)5)$ )11&)($ )15)N)65&$2/)()2*&(-$.'$C(.7'C&6(0$)70$'9(##*$')'+$C-#*!'k'?,,DC)70$'17!*#.'907#$+-0;(5>$*/&$5)**&($0<$4/.2/$)5-0
<&)*,(&-$ )$ R*./)$' *#)-' 80(7;$>>>J*/&3&+$ ()2&*()278$ H/&$ 5.3.*&+$ "&)+5N$ 9.]$ &+.*.0'$ 0<$ 9a\Ac-$ C-#*!' W-$)' V-0,5
<&)*,(&-$)$fQ\^H9J.'-1.(&+$-*)%&>$')3&+$””f.%/*3)(&$q0'&””>$)-$"RI8$Q'$*/.-$-*)%&>$90'.2$3,-*$<)2&$0<<$)%).'-*$*/&
)<0(&3&'*.0'&+$ "&)+5N$ 9.]$ .'$ 60--$ <.%/*->$ &)2/$ 0<$ */&$ <.%/*-$ 6&.'%$ <(03$ */&$ %)3&>$ )56&.*$ (&-7.''&+$ 4.*/$ 60-2/)()2*&(-$ <(03$ R*./)$' b#)-' 80(7;$>>>8$ Q*$ )5-0$ 20'*).'-$ 0*/&($ <&)*,(&-$ <(03$ RbYB9C>$ -,2/$ )-$ 0'&$ 1)(*$ 0<$ */&$ -*)%&
6&.'%$6)-&+$0'$*/&$<5N.'%$-&2*.0'-8
!",*)$
A(2/.&$I03.2-$)+)1*&+$R*./)$'*#)-'80(7;$>>>'.'*0$)$*/(&&J.--,&$203.2$6007$3.'.-&(.&-$*0$*&-*$4/&*/&($0($'0*$)$f.%/*203.2$40,5+$-&55$4&55$.'$f0(*/$A3&(.2)8$H/&$<.(-*$3.'.J-&(.&-$4)-$500-&5N$6)-&+$0'$*/&$%)3&8$H/&$2031)'N$5)*&(
(&5&)-&+$)$-&20'+$*/(&&J.--,&$3.'.-&(.&->$20'*.',.'%$*/&$-*0(N$0<$*/&$<.(-*>$6,*$*/&$-&(.&-$+.+'c*$%).'$&'0,%/$-)5&-$*0
4)(()'*$)'$0'%0.'%$-&(.&-8
N%G%6%#)%$
UCV -0,(2&:$%)3&$3)',)5>$+&-2(.1*.0'$0'$2)-&
U?V X06.'-0'>$P)(*.'>$f.\^H9$Q'*0$"(&)3-$^"$(&O.&4$L/**1:; ; 4448 &,(0%)3&(8 '&*; )(*.25&-; ?BC?JCBJB_J'.%/*-J.'*0J+(&)3-J/+J(&O.&4M>
a,(0%)3&(>$Z2*06&($_>$?BC?8
UFV R03)->$a+8$K90'.2$H&)3$!5)N&(K>$4++*!*7,'80(7;!7$)'J7.7l*#('UGkV$.--,&$CD$L"&2&36&($?BBBM>$118$F_8
UDV L5.(>$f0O&36&($?BBF
U_V 9a\A$L/**1:; ; 4448 -&%)J&,(01&8 203; &'; \)3&; _hC8 /*3M
UhV /**1:; ; '.%/*-.'*0+(&)3-8 203
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
f.%/*-$.'*0$"(&)3-888
h?
;@3%6#-9'9*#.$
T Z<<.2.)5$4&6-.*&$<0($*/&$!5)N9*)*.0'$?$(&3)7&$L/**1:;;-&%)8Y1;1-?;'.%/*-;M$XU-:-#%$%Y
$
$
$
$
$
$
A(*.25&$90,(2&-$)'+$I0'*(.6,*0(-
563*)9%'7"&6)%$'-#('!"#36*1&3"6$
!"#$%#$&$'(%)*$*"#+,-.*#/$sC-&0!(:$/**1:;;&'84.7.1&+.)80(%;4;.'+&]81/1i05+.+nhC_Fd@_hE$sS-#)0*2&)-0$:$D*/=)O&>$df)7>$AF$'3>$A+)3Y)206+>$A/0&(-*&3&.&(>$A/,.*S0*5>$A5)'$R.&<*.'%>
A5&]6('>$A55$Q-$Z'&>$A5O&-*()'+>$A'+(&4$R&O.'&>$A'+(.->$A'+N$93.*/>$A'%&5)>$A'')Ik>$A'-&.>$A1&50O&()%&>$A(*$R)!&55)>$A]&5[05+*>$["?DC?>$[)6)Y06,>$[&'+&(?F_>$[&('+$92/4)6&$.'
^)''0O&(>$[%4/.*&>$[.0*>$[5)'7m&(-&>$[064/.**>$[0('?2N25&>$[(N)'$"&(7-&'>$IZI0#)2.5.*)*.0'>$Ie>$IX\(&)*/0,-&>$I)5.-*/&'.->$I<-J'&4->$I/&)5&(>$I/&'+N>$I/0O).'>$I/(.-$*/&$-1&55&(>
I/(.-k&''&+N>$I.*.S&'$"(0(>$I3+(Y)3&-0'>$I0330'$P)'>$I0(*0'.'>$I(.--.3dd>$I(04-'&-*>$I,-*00>$IN3(,85)--$.'$A3&(.2)>$IS)(70<<>$")%3&>$")'.&5-*&.'6027>$")(JA1&>$")O.+I/.520**>
")O.+^ZSA,>$"6&'6&''>$"&)+aN&A((04>$"&55+0*>$"&'.-1.(>$".0'N-.0->$"03.'.2>$"04'+&)+D>$"(&)+-*)(>$"(006>$",5,*/3)'>$a)-2/.<<>$a5'0('0(>$a1/.]>$a10'N30,->$a(.7$P)].3>$a((0(>
a,-*(&-->$#H?>$#)'%$?F>$#)(.-0(.>$#05)Y.3.>$#(&+$[()+-*)+*>$#(&&+03[N"&-.%'>$#(&-/&'&&-S>$#(N3)-*&(>$#,/%/&**)60,*.*>$\)O.'$=/.*&>$\&'&-.-4.'*&(>$\060'060>$\()'*f&,<&5+>$\()N-0'(>
\(&%6)(+>$\,)')20>$^&.*S.%JY>$^&5&'Z'5.'&>$^&1/)&-*0->$^.102(.*&>$^04.2,->$Q$)3$Z'&$0<$P)'N>$Q1)*(05>$Q(%&'+4&(>$Q(0'/05+->$Q-))2$",1(&&>$Q*)W)55)/>$Q*/.'7/&5.7&-.*>$gXX$H(0557.&'>$g)(65&>
g)-0'+.2&3)'>$g&'')O&2.)>$g.3CCFE>$g0/'$")((04>$g0/'$H)56,*>$g0/'$0<$X&)+.'%>$g0/'?_D>$g0/'7)(1>$g0Y)50SS0>$g0'7&(S>$g(&+30'+>$g(,+&(3)'>$k&O.'6)-.5>$k/@>$k/4)3.5>$k0()*/>$k0S,2/>
k(),-->$k(00-&>$R),%/.'%m,52)'>$R)4(&'2&7/00>$R&<5N3)'>$R,+4.%-?>$P)2()7.->$P).5&($+.)650>$P)'+)()]>$P)(.&$!)()+0]>$P)(Y)2*>$P)(7$92/.&(6&27&(>$P)(7!01&a"">$P)(7,-92/,5S&>
P),(.2&$I)(60')(0>$P&20>$P&5$a*.*.->$P.2)/6)5&->$P.2/)&5A)(0'-0'>$P.2/)&5+-,)(&S>$P.'+50%%&(>$P.'+3)*(.]>$P.'0*),(hB>$P.-*&(",6>$P30'&N1&''N>$P00(5027>$P(Z55.&>$PN+0%)*&%0+-/)*>
f)&c65.->$f&5-0')5N--)>$f&,*(0'>$f&4>$f&46N%,&--&->$f.27%>$f0(*/&('H/,'+&(>$f0(ON>$f04)>$Z6,.60$P6-*10>$Z%)36&)(>$Z5&)>$Z01&(>$Z()'%&$9,&+&$90<)>$!),5$A>$!),5$k5.'73)'>$!),5$<00(+>
!)],-2)5*)>$!&'6)*>$!&(.1.*,->$!&*&($a3&(-0'>$!/)'*03-*&O&>$!.0*(,->$!4+>$e3/_BBB>$e,.274.7>$X$R04(N>$X)2&(]CC>$X)'+N$92/,**>$X)*97(&4>$X)N30'+$k.'%>$X6&)'>$X%)*/&(20)5>$X.2/
#)(36(0,%/>$X.2/)(+#>$X0)+(,''&(>$X060<.-/>$X0N60N2()-/<)'>$X0N/0>$X*/,'+&(>$X,6N$P,(()N>$XN)'$I)65&>$9)'N)F>$9)*N(Hf>$92)'+S)>$92)(1N>$92/<.<*NH/(&&>$920**$X.*2/.&>$9+&(0-&>$9&)'
^&(0'>$9%*92/,3)''>$9/)(0'O.55.'&->$9/.'/)'>$97030(07/>$95(,6&'-*&.'>$93EdBB>$902.0*)(+>$905030'<(03<.'5)'+>$903&0'&h_>$9*&O.&*/&3)'>$9*().*>$9,'()N>$H&)33&*S>$H/)*0*/&(1&(-0'>
H/&A559&&.'%aN&>$H/,>$H.%&(-0'%>$H.1*0&*N>$H03$!.11&'->$H035SSC>$H0N*0N>$H16()+6,(N>$H()O.-H•>$H(6+)O.&->$H(&)-,(NH)%>$H(,-.5O&(>$H4.'-+)N>$G[&X>$G55.">$G'.*&+9*)*&-.)'>$m)(N>
m.2.3)27)N>$m.'&$A20('>$m,0>$=)<.*S%&>$=)12)15&*>$=)O&5&'%*/>$=&(dBB>$=/N$f0*$A$",27>$=.53)3)--,220>$=05<'>$l)3)30*0$Q2/.(0>$l.+.-/&(N.+>$l-.5+4&'>$q)22/.(0>$q)+07.*&>$??d
)'0'N30,-$&+.*W#"E9%(/%$sC-&0!(:$/**1:;;&'84.7.1&+.)80(%;4;.'+&]81/1i05+.+nh?CF__E@_$sS-#)0*2&)-0$:$8:AYO05:8>$DD",3&>$@*&O&'>$A$5.**5&$.'-.%'.<.2)'*>$A8)3.*7,3)(>$A\k>$A6&%d?>$A6&'+&504>$A6/.')O>
A2)5)3)(.>$A+)386&55_h@>$A+(.)'$g8$^,'*&(>$A.+)(SO&(>$AY2?BFF>$A7/.5$Bd_B>$A7N,,'>$A5)'$R.&<*.'%>$A5)'-0/'>$A5&71&(0O)>$A5&]<>$A5<)+0%>$A53)<&*)>$A3)/0'&N>$A')7'%A()4>$A'2/&*)$=.->
A'+64)N>$A'+(&)2@D>$A'+(&4=H)N50(>$A'+N2Y1>$A'+N325d?>$A'%&5)>$A'(.)>$A'-&55>$A'*)'+(,->$A'*/&(&>$A1>$A10550>$A(%5&6)(%5&Qm>$A(*.3)*.2,-E>$A(*0)-.->$A-/&(!.275&6,**>$A,6(&N6)(+0>
A,--.&ZS60('$),>$A]5&C?hdF>$[$g$[()+<0(+>$[d$/,33.'%6.(+$/0O&(.'%>$["?DC?>$[)+%&('&*>$[)'%$*0'>$[)''0>$[)(*CFF>$[6)556(0+&-h>$[&)(2)*>$[&'+&(?F_>$[&'/%2005>$[&'Y.60.>$[&'Y4%)('&(>
[&''Ne,.]0*&>$[&('&5.->$[5)'2/)(+6>$[060Cd?>$[0+'0*60+>$[0%+)'%.,-2)>$[03)2>$[0'%4)((.0(>$[0N&$QH>$[().'%5&>$[()-0O>$[(&)+)'+(0-&->$[(.)'Y+>$[-)%)*50O(>$[-/0(*>$[,++/.1(.N)>
[,55&*3)%'*8>$[4.*//>$[N&5<?BB@>$I8#(&+>$Ih_DC>$IZP!#Gfk?>$IlR&&>$I)5.0'>$I)5*)->$I)5*0'>$I)'c*$-5&&1>$2504'$4.55$&)*$3&>$I)(60'.*&>$I6,('&**>$I2))(<*>$I&'*(&6036&>$I&'*(]>$I&-)([>
I/)(5&-$P)**/&4->$I/)(5.&(h>$I/)-.'%-05>$I/&&-&50,.-&>$I/.*O)3)-.>$I/020<0(<(.&'+->$I/(.-YY>$I/(.-*.)'^>$I/(.-4.%>$I/(.-N2/)(3.'%C>$I5)--^=>$I'.5&1>$I'*()->$I0310>$I()'&-f0*97N^007->
I(•'.2)>$I-2hddC>$I,31,*&(->$I,(1->$I,O*.]0>$I4.520]Cd@h>$"P)27->$"m"$X$=>$"m+3>$")3,')>$")'$!05)'-7N>$")'CBB>$")'5&ONCBB>$")0'%,N&'d_>$")(&7)0'>$")O&'?BB_?B>$")O.+$A
[0SS.'.>$")O.+$\&()(+>$")O.+$R&ON>$")O.+$9/)'760'&>$")O.+$m0&57&(>$"6.&5>$"+%0'+>$"&&'0&>$"&<&'+&($0<$*0(2/>$"&Y,+.2.6,->$"&'.-)(0')>$"&(^&]&(>$"&--.30S>$".')>$".-20-1.'-*&(>
"0''&(hB>$"00+5&@@>$"00(*30'*>$"0,%XdBE>$"0,%32+0'&55>$"04'50)+>$"($\)'%(&'&>$"($Z5+&701>$"(8$gg&'7.'->$"(.2)(+0>$"-.&+&55>$"-1()+),>$"]*/03>$"N5)'$R)7&>$a?F_>$a?&)30'>$aaPQm>
a970%>$a+.*0(?_?_?_>$a/0()7>$a7.*).'00'%)7,>$a5$I>$a5)7.)>$a55N4)>$a3)'?C?d>$a16(C?F>$a1.2%&'.,->$aW,.5.6(.02&1*.0'>$a(.2CCd>$a-)'Y0'&->$a-100>$a--Y)N>$a,6,5.+&->$aO&'*^0(.S0'>$aO&(2)*>
aO&(N7.'%>$a]2.(.)5>$aS/,**,7)(.>$#)()3)(S8P>$#)*)5a((0(>$#)**N2)7&-->$#)O0'.)'>$#.&5++)NJ-,'+)N>$#5&4.->$#5,<<&(',**&(>$#(&+$[),+&(>$#(&+(.7>$#(&&2/.5+>$#(&15N91)'%>$#(033605+>$#(0S&'P)'>
\I/(.-->$\)50,6&*>$\)3&4.S)(+@C>$\)(Z%)(>$\66.''.'%>$\&'&()5$=&-2>$\&0(%&CBB>$\&0(%&P0'&N>$\<05&ND>$\.)'*2)55&+%()41>$\.<*5.*&>$\.*?BCB>$\5&''>$\0$#0($Q*>$\0&*/&)'>$\0%0$"0+0>
\0*/.23)'??>$\()&3&R>$\()/)3I0,55>$\(&%6)(+>$\(&')O.*)(>$\(,'*>$\,'-5.'%&(D@>$\,11N<.'-0,1>$\,N$P)20'>$^P9905&'*>$^)$&5%&'+N>$^)'%&(-*,+.0->$^)(+N15)'*->$^)(O&N$*/&$()66.*>
^&)+6036>$^&.3-*&('>$^&.--->$^%.56&(*>$^.E@E>$^.l)//#(.&'+>$^.7&$/.7&N>$^.(&-$)'$&+.*0(>$^010'101hd>$Q$+(&)3$0<$/0(-&->$Q8)38)8W4&(*N>$Q)'2)(*&(>$Q2).('->$Q5.7&5.5Y0'>$Q3&(-.0'>$Q'$H/&$=)ON>
Q'+,2&(>$Q'<.'.*&$R001JP)7&(>$Q'<(0%3)*.0'>$Q'*&(.0*>$Q()I/&-*&(<.&5+>$Q(.+&-2&'*>$Q-/3.2/&5&>$Q-.-B@>$Q-0*01&?F>$Q]<+hD>$gJ-*)'>$g8$=8$R0O&>$g#0(%&*>$gP8[&),60,(%>$g!)&-*1(&0('g&05/5')>$gXX
H(0557.&'>$g)20')#(&(&>$g)'&*?C?>$g)-0'$^033&5>$g),&(6)27>$g)4'-FC@>$g)N^&'(N>$g)SS4.27>$g&)'+(w$+,$H0.*>$g%O)'+&(>$g/017.'->$g.++.-2/>$g.30*/N*(0**&(>$gY120'+0(>$g0)'Y02>$g0/'$I5.'&>
g0/'3)(7/>$g0')*/)'83)(785.'%)(+>$g0'&-IJfI>$g0'*0++-7.''&(>$g0(%&501&-*>$g0(.-O9>$g0-/6(&S>$g0--.>$g,31,5-&>$g,-*$15).'$[.55>$g,S&(.->$g4(0-&'S4&.%>$kB6)5*>$k^)3-,'>$k)()+)>$k)(&'a++)>
k)(05$R)'%'&(>$k6+)'7@C>$k&.6(>$k&''N$-/>$k&'N0'>$k&--5&(Cd>$k/)5.+$P)/300+>$k.'%$R01&S>$k.',>$k7,>$k'045&+%&$Q'2)(')*&>$k'045&+%&^&%&30'N>$k'045&+%&)65&$X&20(+->$k*(CBC>
k,().3.S,>$kS0553)'>$R)'+&'dd>$R2)(-2)+>$R&')(+>$R&0)+&2>$R&O.'&1->$R&]0(>$R.<&n-&)(2/>$R.'&-5)(%&>$R.**5&60N_E>$R5&4&55N'C>$R0(&3$Q1-,3$"050(>$R0(.&'+(&4>$R,2.+.-/>$RN'6)('>$PaIG>
P)+6&/&30*/>$P)+3)]]>$P)%+)5&')$9S)()<.'>$P)%.23)*>$P)%0%$*/&$Z%(&>$P)/)'%)>$P)52053$#)(3&(>$P)55&(+>$P)',&5$H(,Y.550$[&(%&->$P)(2$P0'%&'&*>$P)(7H/03)->$P)(7/,(+>
P)(*.'^)(1&(>$P)(,+,6-/.'7.>$P)-*&($-/&1/&(+>$P)-*&(3).-,3>$P)*&(.)5-2.&'*.-*>$P)**.--&>$P),(.2&$I)(60')(0>$P)N,3)-/,>$P2\&++0'>$P&/,58/3O>$P&5-)()'>$P&3)'C?FD_h@EdB>
P&'*.<.-*0>$P&(5.0'DDD>$P.2/)&5$^)(+N>$P.27=&-*>$P.7&30()5>$P.50dd>$P.',7,3)(>$P.-/,5&*S>$P06.]20'-,5*.'%>$P0'7&N7.-->$P00-/&'>$P0(8-&5)>$P0*0($f0O&5>$P($3)5.6,]]]>
P(Jf)*,()5J^&)5*/>$P(8$[.55.0'>$P(H(.665&>$P(3@C@C>$P,-/(003>$P]'>$P•(.0>$f?&>$f_.5'>$fQXmAfA?@hD>$f)6&*/>$f),*.2)-/)+&->$f)45.'=.7.>$f)NO.7>$f&B#(&&+03>$f&)(5N9.5&'*[06>
f&&5.]>$f&O&(W,.27>$f&4a'%5)'+l)'7&&>$f&46N%,&--&->$f.205)-$aN'),+>$f.205)-$!&((),5*$QQQ>$f.705)N$k(N)2/70O>$f.'%),65&>$fY7>$f0<0(3)*.0'>$f0-5.4C_>$f0*.')-').+>$f,'/J/,/>$Z6&(-*>
Z<<-[5.'7>$Z/'0.*-Y)3.&>$Z5.O&(7(055>$Z'*0(),5>$Z*&*->$Z*05&3,($2()--.2),+)*,->$Z**>$Z]N30(0'EF>$!)')22.0-6.)*2/>$!)()+0]?>$!)()+0]6)5)'2&>$!)*/0>$!)*(.27>$!),5$BC?>$!),5(>$!&)2&->$!&&1!>
!&'6)*>$!&*2/600>$!&*&(8P8"8>$!&*&(+Y0'&->$!&*(6>$!/.5$[0-4&55>$!/.5.1Z>$!/'03!&'2.5>$!.2/1.2/>$!.275&+/>$!.&.-%0+>$!.&(-0'c-$!,11&*&&(>$!.'&*/.27&*>$!0(7.&-ED>$!0(*/1)*/0@E>$!()6/)7)($!$X)0>
!()*&&7Y).'3''.*>$!(&-*0'^>$!(&-,11.()*&->$!(.'2&--0<R5N(>$!(0)6.O0,)2>$!(0<I/,27k>$!(01/.&5>$!*/031-&'>$e,)+&55>$e,.&*O0.2&>$e,.-W,.55.)'>$e4<1>$X8\.-7))(+>$Xk>$X)+03.5>$X)+,&'0>
X)&+1)-/)>$X)Y)P)'Y,5)>$X+-3.*/D>$X&)1&($P)'>$X&+$=.'%&+$",27>$X&++.>$X&3<)'CdEE>$X&')3&+G-&(BCFB?BCF>$X&]fR>$X/06.*&>$X/0+0+&'+(.*&->$X.2/)(+BBC>$X.2/)(+#>$X.+&('N2>$XY+BBhB>
XY4.53-.>$X027&*BBB>$X0+)-3.*/>$X03)'3>$X0'.$N0,>$X0'.FE>$X0N[0N>$X(6,(7&>$X(0(>$X,&+.FF)>$X,,+$k00*>$XN)'!)(.->$XN%,)-,>$9a=.520>$9^QPZf9^A>$9PIEd>$9!aIQ#QIZ>$99?BB_>$9G
R.'%,.-*>$9)5O.0$%.,5.)'0>$9)3-)()>$9)'%0C?F>$9)(+)')1/)5,->$96400+-.+&>$92)''&55>$92.<..'*&5>$9&*/3)/0'&N>$9/)'&5>$9/)(0'4>$9/&7/)(9!)*.5>$9/&5<97&4&+>$9/.13)-*&(>$9/.S/)0>$9/,.1SOF>
9.5&'*P&36&(CF>$9.')?>$9.**/.')*/>$9Y>$97.*&>$97030(07/>$93)55Y.3>$93<.&5+>$93,(1/N?>$9'04+&+>$90'.$X,2/.>$90,(2&>$91)55.-*&(>$91&553)-*&(>$9-)+5&(>$9*)*.2\,55>$9*&&'@FB>$9*&1/&'6>
9*&O&'-0'J!&(&S>$9,6'&*BBBC>$9,33&(=.*/P0(0'->$9,'.54(.*&>$9416>$9N3)'&>$H^af$=^Z$=A9$!^Zfai>$H^#>$H)6&'Y&3>$H)(.W$)/3)+$7/)'$Y)/)'.>$H)(-&&X0*)>$H6/0*2/>$H&%.)1>$H&''."N')3.*&>$H&'*.')*0(>$H&((N$Z5+6&(%>$H&--&()2*?>$H&*()&+N2)5>$H/H>$H/&$X/N3&-3.*/>$H/&$9$P)'$<0$-/0>$H/&$H()'-/,3)'.-*>$H/&9,'>$H/&2/&&-N7.+>$H/0(S7(,-&>$H/,3)'.$P)64&>$H.27&*P)'>
H.+&$(055->$H.34.>$H.1*0&*N>$H.*0]+>$H022)*)$W,)(*)>$H03.-*.>$H0'NX0Y)->$H0*/&6)((.2)+&-8*7>$H04>$H().'()>$H()'-<)*>$H()O&-*0>$H(,&7.'%@>$H-)O)%&>$H,**&(P0,-&>$G[&X>$G%0%$f.S+)-*>$G(*/0%.&>
m&.'0(>$m&5&55)>$m&(N$=.7.+>$m.2*,)55&(->$m.(%.'&]150(&(>$m5)+>$m(&')*0(>$m-3.*/>$=8k)5&&3>$=)57.']NS>$=)-/+.O)+>$=)N4)(+>$=&625.&'*CBC>$=&-*&'+%.(5>$=/&(&-4)55NCC>$=/.*&I>
=/.*&%/0-*8.'7>$=/0-/.400>$=.+(>$=.7.+,+&3)'>$=.7.5001>$=.7.3.*)>$=.7.4.7.<)-*>$=.557.'%Cd@d>$=.55*(0'>$=.5-*&>$=.'+04-__>$=.--&'-50%.-*.7&(>$=0(*/.'%*0'-&>$=0--.>$•&(0%()1/.2)>
•.0'60]>$•-)/.5]>$•NSSN15,%/>$l)/00$FhB>$l&7()*->$l&->$Qc3$A$92.&'*.-*>$l.+.-/&(N.+>$l.550-5.3&>$l.'*)'>$l.S/)W6&'AO()/)3>$l0,)'+3&>$lO4O>$lS&'%>$q•EC>$q)2.37)E>$q)7)/0(.>$q65027&+>
q<(>$q/&''>$q(hF@D>$q,Y,)>$qN](>$qS,,SS>$$%&' (&>$d?E$)'0'N30,-$&+.*?&66>*#/$sC-&0!(:$/**1:;;&'84.7.1&+.)80(%;4;.'+&]81/1i05+.+nhB?FBFD??$sS-#)0*2&)-0$:$Ch’(>$A*0S.'20>$A,(.2>$[&'$[&'>$I)(60'$I)(N)*.+>$I)*<.-/$g.3$)'+$*/&$-0)1+.-/>$"4).1)N)'2>$a5)--.'*>
a565&??>$a'2N2501&+.)3)'?>$a45N)/00203>$\.(5<(.&'+/&N>$\3)2CBC>$\()/)3E@>$\(0N050>$Q'%05<-0'>$g)'$&.--<&5+*>$R,7&^0I>$!.%3)'>$X&]fR>$H)--&+&*/&>$H/)++&,-[>$H.3(0551.27&(.'%>
m.05&*(.%)>$FF$)'0'N30,-$&+.*7-#($'"G'A%$36&)3*"#$sC-&0!(:$/**1:;;&'84.7.1&+.)80(%;4;.'+&]81/1i05+.+nhC_Fhd@_?$sS-#)0*2&)-0$:$A5)'-0/'>$A'%,-=ZZ#>$A'3)#.'0*&()>$A-1&2*->$AO.)'4.'+>$[0O.'&60N?BBE>$[,()77.>
I#R&0'>$I)5)3.*NJA2&>$I)**,->$I/.3)-*&('3)N>$I/,I/,>$I05*dBFF>$I0053)'??d>$I0N&*->$".%.!&'d?>$#(,27&(*>$\)6(.&5$l,Y.>$\)3&(3)'S>$\)*0*-,dCC>$\&0<<$[>$\0(+0'$a27&(>$^fD_>
^)(7&'95)-/>$^.6)')>$^050*/,(.0'>$^,%0-40(5+d?>$Q7&J6)')>$g0/''NP(f.'Y)>$g,/)2/.>$k)(.*&/>$k.3)*%>$k0)O<>$k0,6)'>$P)*&(.)5-2.&'*.-*>$P&%)*)$9)'-/.(0>$P.7)C/>$P($H$L[)-&+M>$P(kQACC>
f)*&(7.]>$f0/)'-&'>$f0(-&$A3$R&%&'+>$!&/C@d>$X)'X)'X)'>$X&)+)-),(>$X&&5a+.*B(>$X.70-/.>$X06gCdEC>$92)(60,%/>$9&(%&2(0--@F>$9Y0'&-?F>$97E&(!(.'2&>$97N=)57&(>$9,6)()-/.7.>
9,1&(3)'@Eh>$9N)0()'@?E>$H/&$!(.'2&$0<$")(7'&-->$H/&#)(.]>$H.3(0551.27&(.'%>$H0/+E[0/).*/,\/C>$H07&7>$H(.O.)5.-*>$G(,*)1,>$m.+&0%)3&(?BBB>$=&5-/>$=.7^&)+>$=.7.1&55.>$=.55-,'>
=Y&Y-7&'&4(>$=N4.'>$•&'0<)'$?dA>$l&2/)'8k8[8>$l0,$3)N$-)N$Qc3$)$+(&)3&(>$q&*)$f0O)>$C_@$)'0'N30,-$&+.*BBBJ%-#EF*9%$sC-&0!(:$/**1:;;&'84.7.1&+.)80(%;4;.'+&]81/1i05+.+nhBhE_FhhF$sS-#)0*2&)-0$:$["?DC?>$I/)+4/050O&+3&>$")3.)'$l&((.27>$"&(&7$X$[,55)30(&>$\&'&$fN%))(+>$\(.3/.3>$gBD'>
k0)O<>$k0(%>$P)(2,-$[(,*&>$f)45.'=.7.>$Z/20'<,2.,->$!)1)$f0O&36&(>$!.&*)-*&(>$X5/05+&'>$X027f=(.*&E?>$X0&5SSS>$9/&5<97&4&+>$94)'(.S5)>$H)--&+&*/&>$H/&*.'*.'6507&>$–5<%)(>$—˜™š™
›œ•œš>$CB$)'0'N30,-$&+.*L*$3'"G'(%$36">%('9*16-6*%$$sC-&0!(:$/**1:;;&'84.7.1&+.)80(%;4;.'+&]81/1i05+.+nhCECDhCBh$sS-#)0*2&)-0$:$A6-.3Y>$A'0'.3-7.>$A'*/0'N$A115&N)(+>$["?DC?>$[&&*5&$[8>$[4*/.55>$I)360]&(>
I)'%5&-&)>$I)''&+/)3•>$I0)%,5)'->$I0,(2&55&->$".&%0$\(&S>$",'2)'^.55>$a5&7//>$a3.Y(1>$a,%&'&J&5%)*0>$#&5.]$#05.0$9&2,'+,->$#5N&(??>$\5)2.)5<0]>$\0.'%[)**N>$\13)*>$\(&&'6)272)<&>
\(0,'+$q&(0>$^.15.6()(.)'-/.1>$^3).'->$Q7&*-.>$Q'*0*/&<.(&>$g)'%O.Y)N>$g&+.$P)-*&($PQk>$g&<<_CB?>$g&(&3N$[,*5&(>$g1604&'>$k)'-)-$[&)(>$k&55N>$k&('&5$9),'*&(->$k.'%*,(*5&>$k0)O<>$R0%)'>$R,2.&'
5&\(&N>$P)7N&'>$P&*)7'045&+%&>$P0'*(&)5).->$P,+7.1F"9>$f),<)')>$f.206CdED>$f025)+0(>$f0(3$3.*>$Z3'.1)&+.-*)>$!)(.-Hg0N2&>$!.%-0'*/&4.'%>$!0*0ž'.7>$X)-/&(-H.&('&N>$X&-&)(2/01&(>
X.27N()6>$XY4.53-.>$X060<.-/>$9)'*)-)dd>$9.57H0(7>$9.30'!>$93.'*/01-.-ED>$H)(%)(N&'>$H/&$A'03&>$G5(.2CFCF>$G'.*&+9*)*&-.)'>$m)'Y)%&'.Y&>$m./)'>$=00/007.**N>$Ÿ>$DC$)'0'N30,-$&+.*H6*#/'J%'3"'L*G%$sC-&0!(:$/**1:;;&'84.7.1&+.)80(%;4;.'+&]81/1i05+.+nh??CECFdh$sS-#)0*2&)-0$:$C@"(&4>$A$9*01$)*$=.550,%/6N>$A$H/0,-)'+$"00(->$A2)5)3)(.>$AY-*0Y?F>$A5&2-+)'.&5>$
A55\50(NH0H/&^N1'0*0)+>$A55N9",+&>$A'+H/&I(04+\0&-=.5+>$A'0'N30,-%S7>$A'0*/&($[&5.&O&(>$A(3)'+0C?>$AN2)'>$[)<<5&$%)6Cd@E>$[&$[5)27$^05&$9,'>$[&50O&+<(&)7>$[&'-.'>$
[5,&-)*&55.*&>$[060Cd?>$[(&*0'6)'W,&*>$[(.270O.2>$[*/&6&-*>$If)-/>$I)5&-0'>$I)'c*$-5&&1>$2504'$4.55$&)*$3&>$I)')+)05N31.2dEd>$I)(60'X0+E_>$I/./2.60N>$I/.5+SN>$I/0(+-?C>$I/(.-$*/&$-1&55&(>$
I0'I0319>$I(04*/+>$I(N4)5*>$IN5&*&2/>$IN(.,->$"A#>$")'P9>$")'/)-/>$")(7#.(&H)7&(>$")(0'P)5)7.)'D@>$"&(&7$X$[,55)30(&>$".)''))>$".-20-1.'-*&(>$".O.'&[,('&(>$a+&'2C>$a+4)(+^>$a<&>$
a5-&6(07&>$a(.20(6.*>$a(.7d>$a*&(')5$aW,.'0]>$a,(01&??>$a]*()0(+.')(N$P)2/.'&>$#J??$X)1*0(&+>$#)6,50,-$I(&)*,(&>$#)2,?d?d>$#).(5N0++1)(&'*-C?FD>$#)55&'=.'%-D@>$#(23CdEE>$#(.&*Y&->$
#(,.*P0'7&N>$\")55.30(&>$\"0')*0>$\.33&*(04>$\.()<<&+)*)>$\5&''46>$\0.'%[)**N>$\(3$4'(>$\,'3&*)5$A'%&5>$\O)''N>$^)/2?C>$^05.+)N_h>$^0-)3BB@>$^,'*-*&(>$Q$+(&)3$0<$/0(-&->$
Q)'65).(?F>$QO)'$[)Y50>$QO)'&-2&'2&>$g8+&5)'0N>$gBD'>$g)27.&>$g)Y)6.'7-d?>$g)-2)$",2)*0>$g&--&&-*&O&->$g0&N-CC?>$g0%&(->$g0/'8Y)3&-?_B>$k)*/(N'RN6)(%&(>$k6+)'7@C>$k&*)'$k)100(>$k'.%/*X.+&(>
hF
A(*.25&$90,(2&-$)'+$I0'*(.6,*0(k0)O<>$k()<*8>$k4&-..+,'dC>$k44>$kN5&9O060+)>$R!$9w(%.0$R!>$R&0$P&(2,(N>$R.55N%.(5>$R.-WF>$R.O&4.(&CBC_>$R0%.''.%05>$R1<)'D&O)CddB>$R,27N-*)(->$R,7&?__>$P)+P)]>$P)15&Y&*>
P)(2&7.CCC>$P)(2.7)>$P)(7/0(.->$P)(73)(7C?>$P)--)2/,-&**-)'>$P2P)(&c->$P&%•>$P&*)520(&$[0N>$P/.Y.>$P0')(2/N)')(2/N>$P(03>$P,/)'+&->$P,'%0$k.*-2/>$P,-.2P0'-*&(dh>$P,-.21O3>
P,*)'*&dh>$PN$50O&$.-$50O&>$f&2(0$[,*2/&($L!&)2&$[&$G10'$^.3M>$f&O&($6&$%00+$&'0,%/>$f.2&%,N&+2>$f.27$f,36&(>$f.2(0(,->$f.%/*W,&-*>$f.*&J9.(7>$f.*&<.((&>$f("%>$Z++60+S>$Z77.>$!&)(5&>
!/)'*)-N$!/)')*.7>$!.'7$[,55>$!5)-*.2,1>$!0-*+5<>$!(&S60NC>$!-&,+030')->$!,*')3?hd>$Xc'c[>$XABEBE>$X)f+Z3?h>$X)+.2)5[&'+&(>$X).7.(.I/.+0(.>$X2-1(.'*&(C?F>$X&+/)O&'?@>
X&''02l)27)3dD>$X&]fR>$X.2/$#)(36(0,%/>$X.2//0'2/0>$X.77,R0O&(>$XY4.53-.>$X06&(*$P00(&>$X027fX055=.7.>$X0%,&%&&7>$X0]N%0'&FFh>$92006N"00BC>$920**P^04)(+>$9&)+0%Fh_>
9&2<)'>$9&/6,&'0>$9&()1/.3>$9&O&NCF>$9&•'$H()O&(->$9/)'&#.5)'&(>$9/&5<97&4&+>$9/07030507>$9.30'a)-*>$97)+0-3&'>$97N=)57&(>$93)(*NdCBE>$9')19')1>$91)(75.'%$\()N>$9W,)(&!&%>$9W,.+)'+$I/.1->$9*)(2/&&(-1&)7-'&4-50-*4)(->$9*&O&F@>$9*.<5&>$9*(N'>$94.-*&(H4.-*&(>$HPICdE?>$H)--&+&*/&>$H6/0*2/>$H&$•,)'$q&>$H&&'4(.*&(>$H&/X)'+03!&(-0'>$H&7'02()*C?F>$H&'!0,'+^)33&(>
H&((NY0/'/>$H/&$01&'$+00(_>$H/&<045&-C>$H/.&<C?>$H/0(1&>$H.%(,5J)56>$HY7.&-&5>$H()'-G*01.)'>$H()11.-*$*/&$30'7>$H(&30(I/(.-*Cd>$H(.O.,32/.27CddB>$H-,Y-)/>$HN()''.*)(>$G'"&X-I0X&>
G'(&)5@>$m)'.-/&+$,-&($FdDE-75DdY7&dF>$m)'W,.-/&(8GA>$m)(5))3>$==aH(.-/P.27.&<)'>$=&(5+4)N+>$=/N^&55=/N>$=.+(>$=...5+0'&>$l?72()SNY07&(D>$l&5504-*0'&$I0,'*N$\.(5>$q036.&DFF>
¡š¢£œ¤œ˜¥¡¦>$_BF$)'0'N30,-$&+.*5O$sC-&0!(:$/**1:;;&'84.7.1&+.)80(%;4;.'+&]81/1i05+.+nh??hdCDhh$sS-#)0*2&)-0$:$AG[aXQHHa>$A2/()3>$A2(0-*.2$H&5&-*.2>$A+)3*-0,()->$AY+&2)'+.->$A5+.&>$A'+(&$a'%&5->$A'*)'+(,->
A10550[0N>$A(7?_>$A(N?d>$A,*,3'I)*>$[)')'.703&.-*&(>$[)(7&&1>$[)(*$5>$[&+&@F_>$[70'()+>$[05&N'?>$[00*/NDDF>$[(07&'9&%,&>$[(N)'$"&(7-&'>$[,*70>$I$]0'%>$I)3&(0'-)20,'*>$I/.'.')S,C?>
IY-_h>$"h>$"2.(0O.2>$"&5.(.,3>$"02,>$"0,%)>$"(03&+)(N2)3&5>$a+\5>$a&7&(S>$a3.Y(1>$#5N.'%$9),2&(>$\23>$\.55.)3>$\0'S0'0.(>$\(,'*>$^)-/)(>$^.+&rX&)-0'>$^.7&Fd_>$Q7&J6)')>$Q07-&'%>
Q-*O)'=05<>$g^,'*&(g>$g0/'*&-5)+&>$g0Y)50SS0>$g07&-*(&-->$k.70->$k5&3&'$k02Y)'2.2>$k504>$RA?>$P)52053>$P)*&(.)5-2.&'*.-*>$P.7&NI/)5,1)>$P.(30•>$P.-*3)'C?F>$P0*N7)>$P,/)'+&->
f)*,-X03)>$f.275&%&'+->$f72->$f0$[&$+&$R.3)>$f0'0hD>$Z-?3)'>$!)'&5$\,N>$!/'03!&'2.5>$!0-*()2/>$!(&&&&30>$X&-406-52>$X<2CFdD>$X0--!)**&(-0'>$9Y>$9'04+0%>$9,(,&')>$94)W>$H6/0*2/>
H&315)*&$')3&-1)2&$.'.*.)5.-)*.0'$-2(.1*>$H/&$A'03&>$H/&$,'+&(*04>$H06.)-$I0'()+.>$H0/+E[0/).*/,\/C>$G5*&(.0(CdEB?BB_>$G(/.].+,(>$G(0+>$m.*)'.$QQQ>$m052)'0$+051/.'>$=0(+'&(+C>$CBC
)'0'N30,-$&+.*C*/F3$'*#3"'A6%-,$BBB$sC-&0!(:$/**1:;;&'84.7.1&+.)80(%;4;.'+&]81/1i05+.+nh??D?ECFB$sS-#)0*2&)-0$:$?B_N431W>$A9ZHPk•>$A2/00_BBB>$A+O&'*,(0,-9W,.((&5>$A<(0XN)'>$A.5&S)>$A5.&7&'->
A55&'$=)57&(>$A51/)2/.31>$A'A56.'0X/.'0>$A'%.&$l8>$A'*.-0()>$A10-*5&g0&>$A*)(,P0(060-/.>$AO.2A=[>$AN(.&->$[)(7&&1>$[&27.dBB>$[&&3?>$[&50O&+<(&)7>$[5)-*0.-&J-/&55-/027&(>
[5,&5.%/*'.%/*>$[06W,&-*F>$[0'&-2(,-/&(>$[0'%4)((.0(>$[().'N$g>$[(.**)'N$k)>$[-)2)-/>$I8$#0,5*S>$IF#?7>$IP\)3&(E_>$I)36()'*>$I)'c*$-5&&1>$2504'$4.55$&)*$3&>$I)')+.)'R.',]G-&(>$I&'))-->
I&')+.27>$I/)-&$3&$5)+.&->$Qc3$*/&$I)O)5(N>$I/04607>$I/(.-\(.-405+>$I5)(72YC?>$I5N+&$P.55&(>$I036.')*.0'>$I0')'J-)'>$I0''&55hh>$I0'O&(-.0'$-2(.1*>$I001)*(001)C>$I()SN3)'F?CD>
I(&3&1,<<???>$I(N1*.2>$I,6&$6F>$I,**&(>$IN6&(97,55>$IN6&(+,+&dF>$IN6&(5.'7D?B>$IN'.2)5>$IN(,-$•QQQ>$">$"R003>$")&O>$")3.&'%>$")'.&5$R)4(&'2&>$")'.&5$*/03)->$")(7$A5,2)(+>$"&(&7$X
[,55)30(&>$"&(4.')*0(>$"&O.55&>$".-20-1.'-*&(>$".--.+&'*dF>$"7hD7>$"0Y0*0'N>$"003C?@>$"()%0'$"A9^>$"()%0'2(&-2&'*>$"()*>$"(&)+-*)(>$"(&)3-*/,'+&(>$"(&+B_3>$"(&4+N>$"(,<<>$"-*5'>
aP2I,*2/)'>$a22S.>$a27-&33&-->$a5&2*(.28*)1.(>$a5.)-A5,2)(+>$a55)D>$a()N-0(>$a-2)1.'%R.<&>$a--&'*.)5!)()+0]>$a*&(')590,5>$a*&(')5-5,36&(>$aO)'JA30->$aO.5+0&(CE@>$#)'%S0<[500+>$#.(-<(0'>
#5)(&fGka>$#0(-2NO,->$#()'7.&ECh>$#(&)70<',(*,(&>$#(0EC>$#(00>$#(,C*6)*>$\)3&6(&55)>$\)(N?EhF>$\&01%&01>$\&0(%&$R&,'%>$\.)'*-)'+4.2/7.'%>$\3)'0*2>$\0)*$R0(+>$\0(0'BBBB>$\(B<<>
\()2&'0*&->$\(&)*=/.*&f0(*/&('&(>$\(&')O.*)(>$\-7+(&)3&(>$\*(31>$\,(2/>$\,(70>$\,(,$R)((N>$^).(2/(3>$^).(N$",+&>$^)(.S0*0/d>$^)(5&W,.'9'.1&(>$^&()5+$A56&(.2/>$^.6)')>$^01&Lf$#0(&O&(M>
^0(-&3)'Ch>$Q)'I>$Q6)+.6)3>$Q+(.-?BBB>$Q1)*(05>$Q(.+&-2&'*>$g8+&5)'0N>$g",6dB>$g#0(%&*>$g)2791)((04$f.'Y)>$g)7&6066.'->$g)')+0(&>$g)'7,S)>$g)(&+$905>$g)-0'$Z'&>$g&<<$\8>$g.33.5,>$g357C@>
g0/'(&+F?>$g0'&-&Nd_>$k8-)(4)*>$kC[0'+BB@>$kAP.kAqZ=>$k)0(.>$k)(.*&/>$k)*/(N'RN6)(%&(>$k&O.&3)'dD>$k/<)'dF>$k.55)$k0S>$k.'%<.-/>$k0)O<>$k,&6&5>$k4&7,60>$k4N]S>$kNYR>
R)3&')3&FBBB>$R),%/.'%%)-CEBC>$R&0'=/.*&>$R.0'*)3&(>$R0%)'H/&\&-/()*>$R,.%.C?E>$P9g)1)'>$P)5)'7,'>$P)(&-,7&>$P)(*)(.,->$P)(*.'$QQQ)>$P)**&/>$P)O>$P6()52/&'70>$P&%)$9)*,('>
P&%)*)$9)'-/.(0>$P&4$I020>$P.7)C/>$P.'.J\&&7>$PY05+)220,'*>$P0%.-3>$P001.')*0(>$P($=&-7&(>$P(Z55.&>$P(903&0'&>$P(Y&<<>$PN7.+'&N-*0'&->$f8$^)(30'.7>$ffXB@>$f9.+&(>$f)++N>
f&.&(>$f&0I/)0-•>$f&0g,-*.'>$f&*-'.1&>$f&4$A%&$X&*(0$^.11.&>$f&4%.>$f.\^H9$.'*0$"(&)3-888>$f.\^H9cBh>$f.27$X>$f.279I#I>$f.36&]>$f.-/7.+hD>$fN3<>$Z3+<%>$Z'&-.30->$Z'%$&5O.'>
Z-*FCh>$Z,-&()W,&')0>$Z]N30(0'EF>$![_D>$!"^>$!)%()-/*)7>$!)()'03.)>$!/)*3)'_?D>$!.&*(0$-1&(0'.>$!.%3)'>$!.7)S.55)>$!5)-*.2,1>$!0.,N*$P)'>$!055N>$!(&-.+&'*$X/)1-0+N>$e,.**)60.>$X8\8>
X)2.'%60ND_>$X)'+03()'>$X)**5&P)'>$X)NAl)'%>$X&&+N>$X&N[(,Y0>$X.)')>$X.2/$#)(36(0,%/>$X.2/053&-CD>$X.%/*3)'?>$X.70-/.>$X.'%*).5&+#0]>$XY4.53-.>$X06))*0>$X027P#X>$X0273)'J•>
X027NPP>$X00')NS>$X0N)56(0.5>$XN,,7,(0>$9?BBBDE>$9).50(90'.2>$9)5)O)*>$92&1.)>$92/(&.6&([.7&>$9&2(&*$9)*,(+)N->$9&%)/05.2?>$9&1/.(0*/dh_>$9&(%&2(0--@F>$9&--/03)(,>$9/)++.3>$9/)+04
^0%>$9/)+04^'*(>$9/)+04•hFBh>$9/)+04)2),'*>$9/&(005>$9/.'06.$Pm!>$9.&6()'+>$9.%')5/&)+>$9.5O&(/)'+>$9.315N$-0,*/>$9.]*&&'$R&<*>$9Y0'&-?F>$93.Y&-BE>$90&*&(3)'->$90'.2FkP)-*&(>
91)(*)S>$91)S,(&>$91.&56&(%?BB?>$9*)*&$0<$R0O&$)'+$H(,-*>$9*&&5>$9*&30'.*.->$9*&1/&'$\.56&(*>$9*.27&&>$9*0(34)*2/>$9*,-,*25.<<&>$9,69&O&'>$9,63)-CF>$9,3B>$9N-*&3!)*2/>$Hg$91N7&>$HHf>
H)77N,$.>$H)47&(>$H&/4C7C>$H&7'.2>$H&S&(0>$H/C(*F&'>$H/&$3)-*&($0<$1,11&*->$H/&#)(.]>$H/&H.3&-A(&AI/)'%.'%>$H.3CF_@>$H.370O-7.>$H1/.>$GkaX>$G6&(P)'_BBB>$G'7'04'$"()%0'>
G'7'04'4)((.0(FF>$G'W-*')65&H(,*/>$m)'.-/&+$,-&($ddBFDY<0.)-YW?0.(/-<F>$m)('&'*>$m&&30'7)3.N)>$m&%)")(7>$m&'+&**)]>$m&()-\,''>$m&(O.'>$m0(&*,->$=H#A_D>$=)12)15&*>$=)O&$0<
P,*.5)*.0'>$=/.-1&(H0P&>$=05<&'9.5O)>$=0'2/01>$=00/007.**N>$=N)**dC_>$=N7&6Y->$•?BC>$l)SB(>$q)'.6)->$q&.(&2/>$q006)>$!">$EDh$)'0'N30,-$&+.*-
hD
Q3)%&$90,(2&->$R.2&'-&-$)'+$I0'*(.6,*0(-
h_
<,-/%'7"&6)%$m'L*)%#$%$'-#('!"#36*1&3"6$
I*9%8!"#$%#$&$+G9"E)F-63B:#/$sC-&0!(:$/**1:;;&'84.7.1&+.)80(%;4;.'+&]81/1i*.*5&n#.5&:I0'-&'-,-J<5042/)(*81'%$sW*!(#$(:$I(&)*.O&$I0330'-$A**(.6,*.0'J9/)(&A5.7&$F8B$G'10(*&+
sS-#)0*2&)-0$:$%()'*$/0(400+>$)7)$<(N3)-*&(
I*9%8H*.%!-,:]b+A"3,")6-)>+ZgBU=M$sC-&0!(:$/**1:;;&'84.7.1&+.)80(%;4;.'+&]81/1i*.*5&n#.5&:[.7&I)31BdJ"0*302()2NJF@8g!\$sW*!(#$(:$I(&)*.O&$I0330'-$A**(.6,*.0'J9/)(&)5.7&$F8B
sS-#)0*2&)-0$:$g)-0'+.2&3)'
<,-/%8!",,"#$+9"/"B$4/$sC-&0!(:$/**1:;;&'84.7.1&+.)80(%;4;.'+&]81/1i*.*5&n#.5&:I0330'-J50%08-O%$sW*!(#$(:$50%0$sS-#)0*2&)-0$:$A'03.&
I*9%8W#"E9%(/%+N%*(+?*/F$,*3FB2:%/$sC-&0!(:$/**1:;;&'84.7.1&+.)80(%;4;.'+&]81/1i*.*5&n#.5&:k'045&+%&JX&.+J^.%/-3.*/8Y1&%$sW*!(#$(:$!,65.2$"03).'$sS-#)0*2&)-0$:$A(*.-*$.-$X06&(*$R&4.X&.+$LCEh?1Cd?dM8$!/0*0%()1/&+$?BB@$6N$I)(05$^.%/-3.*/$LCdDh1M>$4/0$&]15.2.*5N$15)2&+$*/&$1/0*0%()1/$.'$*/&$1,65.2$+03).'8
I*9%8L"$':"63-("6%$'(%'9-'-#3"6)F-B2:/$sC-&0!(:$/**1:;;&'84.7.1&+.)80(%;4;.'+&]81/1i*.*5&n#.5&:R0-o10(*)+0(&-o+&o5)o)'*0(2/)8Y1%$sW*!(#$(:$I(&)*.O&$I0330'-$A**(.6,*.0'J9/)(&)5.7&$F8B
sS-#)0*2&)-0$:$G-&(:k)+&55)(
<,-/%8I6-#)*$'H-)"#'aB2:/$sC-&0!(:$/**1:;;&'84.7.1&+.)80(%;4;.'+&]81/1i*.*5&n#.5&:#()'2.-o[)20'o?8Y1%$sW*!(#$(:$!,65.2$"03).'$sS-#)0*2&)-0$:$I1,??
<,-/%8?&66*%6'!"1(%#'\ihZB2:/$sC-&0!(:$/**1:;;&'84.7.1&+.)80(%;4;.'+&]81/1i*.*5&n#.5&:^,((.&(oI06+&'oCE_F8Y1%$sW*!(#$(:$!,65.2$"03).'$sS-#)0*2&)-0$:$g$I06+&'
<,-/%8R*.3*"#-6>+9"/"+%#B$4/$sC-&0!(:$/**1:;;&'84.7.1&+.)80(%;4;.'+&]81/1i*.*5&n#.5&:=.7*.0')(NJ50%0J&'8-O%$sW*!(#$(:$!,65.2$"03).'$sS-#)0*2&)-0$:$m&2*0(.S&+$6N$>$6)-&+$0'$0(.%.')5$50%0
*0--&+$*0%&*/&($6N$[(.0'$m.66&(
I*9%873-6'G&99B$4/$sC-&0!(:$/**1:;;&'84.7.1&+.)80(%;4;.'+&]81/1i*.*5&n#.5&:9*)(o<,558-O%$sW*!(#$(:$!,65.2$"03).'$sS-#)0*2&)-0$:$G-&(:I0'*.$<(03$*/&$0(.%.')5$.3)%&-$6N$G-&(:X&+^0*^&)*
I*9%873-6'F-9GB$4/$sC-&0!(:$/**1:;;&'84.7.1&+.)80(%;4;.'+&]81/1i*.*5&n#.5&:9*)(o/)5<8-O%$sW*!(#$(:$I(&)*.O&$I0330'-$A**(.6,*.0'J9/)(&)5.7&$?8_$sS-#)0*2&)-0$:$G-&(:I0'*.
I*9%873-6'%,:3>B$4/$sC-&0!(:$/**1:;;&'84.7.1&+.)80(%;4;.'+&]81/1i*.*5&n#.5&:9*)(o&31*N8-O%$sW*!(#$(:$I(&)*.O&$I0330'-$A**(.6,*.0'J9/)(&)5.7&$?8_$sS-#)0*2&)-0$:$I)*/N$X.2/)(+->$I0'*.>$"Y(CF>
g,.2&+$5&30'>$P)%)-Y,7,(?>$X027&*BBB>$9)()'%>$H.1*0&*N>$@$)'0'N30,-$&+.*<,-/%8H6*,*#/F-,'!%#36-9'L*16-6>'G*6%'2-#\igbB2:/$sC-&0!(:$/**1:;;&'84.7.1&+.)80(%;4;.'+&]81/1i*.*5&n#.5&:[(.3.'%/)3oI&'*()5oR.6()(No<.(&oY)'CE@d8Y1%$sW*!(#$(:$,'7'04'$sS-#)0*2&)-0$:
G-&(:hE8Fd8C@D8?FE
I*9%8;:-#/+=-9-$3B2:/$sC-&0!(:$/**1:;;&'84.7.1&+.)80(%;4;.'+&]81/1i*.*5&n#.5&:a1)'%J!)5)-*8Y1%$sW*!(#$(:$!,65.2$"03).'$sS-#)0*2&)-0$:$Z(.%.')5$,150)+&($4)-$f g ")*$S/84.7.1&+.)
"
I*9%85#)*%#39*16-6>-9%@B2:/$sC-&0!(:$/**1:;;&'84.7.1&+.)80(%;4;.'+&]81/1i*.*5&n#.5&:A'2.&'*5.6()(N)5&]8Y1%$sW*!(#$(:$!,65.2$"03).'$sS-#)0*2&)-0$:$A'X0BBB?>$")'3.2/)&50>$"03.*0(.>
\(N<<.'+0(>$gPIIC>$g)7&+'6>$g3)6&5>$P.-)C?F)>$P32)''.->$Z5N6(.,->$e,.6.7>$90&(<3
I*9%8;/>:3B59%@-#(6*-B=",:%>$=*99-6B]\B2:/$sC-&0!(:$/**1:;;&'84.7.1&+.)80(%;4;.'+&]81/1i*.*5&n#.5&:a%N1*8A5&])'+(.)8!031&N-!.55)(8BC8Y1%$sW*!(#$(:$I(&)*.O&$I0330'A**(.6,*.0'J9/)(&A5.7&$C8B$\&'&(.2$sS-#)0*2&)-0$:$\8+)550(*0>$^)Y0(>$f&.*/-)6&->$=-*>$?$)'0'N30,-$&+.*<,-/%8C-9-#(-'D#*4%6$*3>'<#(*-'6&*#$B2:/$sC-&0!(:$/**1:;;&'84.7.1&+.)80(%;4;.'+&]81/1i*.*5&n#.5&:f)5)'+)oG'.O&(-.*NoQ'+.)o(,.'-8Y1%$sW*!(#$(:$I(&)*.O&$I0330'-$A**(.6,*.0'$?8B
sS-#)0*2&)-0$:$[1.5%(.3>$#5.27(&O.&4X>$H(.Y'-*&5>$mNS)-)*N)>$?$)'0'N30,-$&+.*I*9%8M6-#-(-',-(6-V-aB2:/$sC-&0!(:$/**1:;;&'84.7.1&+.)80(%;4;.'+&]81/1i*.*5&n#.5&:\()')+)o3)+()S)?8Y1%$sW*!(#$(:$\fG$#(&&$"02,3&'*)*.0'$R.2&'-&$sS-#)0*2&)-0$:
/**1:;;20330'-84.7.3&+.)80(%;4.7.;G-&(:[)560
I*9%8A7!C\bfi=%#6>#=6->%6H"".N%1%99*"#J%,"6*-9B2:/$sC-&0!(:$/**1:;;&'84.7.1&+.)80(%;4;.'+&]81/1i*.*5&n#.5&:"9IfCdDE!&'(N'!()N&([007X&6&55.0'P&30(.)58Y1%$sW*!(#$(:$!,65.2
"03).'$sS-#)0*2&)-0$:$m&('0'Fd
I*9%8A6%$(%#'!"(%@':]bB2:/$sC-&0!(:$/**1:;;&'84.7.1&+.)80(%;4;.'+&]81/1i*.*5&n#.5&:"(&-+&'oI0+&]o1Bd8Y1%$sW*!(#$(:$!,65.2$"03).'$sS-#)0*2&)-0$:$A(Y,'0F>$IgRR$=(.%/*>$!/)(0->$?
)'0'N30,-$&+.*<,-/%8N-/9-#'!-$39%'M-3%F"&$%'-#('9*16-6>B2:/$sC-&0!(:$/**1:;;&'84.7.1&+.)80(%;4;.'+&]81/1i*.*5&n#.5&:X)%5)'oI)-*5&o\)*&/0,-&o)'+o5.6()(N8Y1%$sW*!(#$(:$I(&)*.O&$I0330'A**(.6,*.0'J9/)(&)5.7&$F8B$sS-#)0*2&)-0$:$^2/2?BBd
I*9%8H&6#*#/"GR-$F*#/3"#\i\fB2:/$sC-&0!(:$/**1:;;&'84.7.1&+.)80(%;4;.'+&]81/1i*.*5&n#.5&:[,('.'%0<=)-/.'%*0'CECD8Y1%$sW*!(#$(:$!,65.2$"03).'$sS-#)0*2&)-0$:$"Y&36)NS>$\4.55/.27&(->
Q'<(0%3)*.0'>$9)5030'I&6>$H.30*/N$\,
I*9%8OF*6('5#/9"+H&6,%$%'R-6'5B2:/$sC-&0!(:$/**1:;;&'84.7.1&+.)80(%;4;.'+&]81/1i*.*5&n#.5&:H/.(+oA'%50J[,(3&-&o=)(oA8Y1%$sW*!(#$(:$!,65.2$"03).'$sS-#)0*2&)-0$:$,'7'04'
<,-/%8L"&4-*#'L*16-6>'RR<B2:/$sC-&0!(:$/**1:;;&'84.7.1&+.)80(%;4;.'+&]81/1i*.*5&n#.5&:R0,O).'oR.6()(No==Q8Y1%$sW*!(#$(:$!,65.2$"03).'$sS-#)0*2&)-0$:$f8g8$[00'
I*9%8I"&6'!"&63$'!"#G9-/6-3*"#B2:/$sC-&0!(:$/**1:;;&'84.7.1&+.)80(%;4;.'+&]81/1i*.*5&n#.5&:#0,(oI0,(*-oI0'<5)%()*.0'8Y1%$sW*!(#$(:$!,65.2$"03).'$sS-#)0*2&)-0$:$f)*.0')5$R.6()(N$0<$Q(&5)'+
0'$H/&$I0330'<,-/%8\bZZ+,->+\]+1%69*#+1"".+1&6#*#/BU=M$sC-&0!(:$/**1:;;&'84.7.1&+.)80(%;4;.'+&]81/1i*.*5&n#.5&:CdFFJ3)NJCBJ6&(5.'J6007J6,('.'%8g!\$sW*!(#$(:$!,65.2$"03).'$sS-#)0*2&)-0$:$G-&(
"N--$0'$&'84.7.1&+.)
I*9%8H",1%('C-3*"#-9'L*16-6>'H%9/6-(BU=M$sC-&0!(:$/**1:;;&'84.7.1&+.)80(%;4;.'+&]81/1i*.*5&n#.5&:[036&+of)*.0')5oR.6()(No[&5%()+8g!\$sW*!(#$(:$I(&)*.O&$I0330'A**(.6,*.0'J9/)(&A5.7&$F8B$G'10(*&+$sS-#)0*2&)-0$:$Z(Y&'
<,-/%8Q"/%9'k-n&$.*'L*16-6>B2:/$sC-&0!(:$/**1:;;&'84.7.1&+.)80(%;4;.'+&]81/1i*.*5&n#.5&:m0%&5oq)‚,-7.oR.6()(N8Y1%$sW*!(#$(:$!,65.2$"03).'$sS-#)0*2&)-0$:$A'+(&)-!()&<27&>$[5)/&+0>
[,(%&(&(9#>$I0,(2&55&->$"02&'*•>$P)*/.)-(&]>$9/)503$A5&2/&3>$=.-*,5)
I*9%8H*19*"3%)-'C-3*"#-9-'D#*4%6$*3-6-B2:/$sC-&0!(:$/**1:;;&'84.7.1&+.)80(%;4;.'+&]81/1i*.*5&n#.5&:[.65.0*&2)of)*.0')5)oG'.O&(-.*)()8Y1%$sW*!(#$(:$I(&)*.O&$I0330'-$A**(.6,*.0'J9/)(&)5.7&
F8B$sS-#)0*2&)-0$:$G-&(:f.2,6,',
I*9%8=-9-3&9'I&#(-3*%*'D#*4%6$*3-6%'XH*19*"3%)-'!%#36-9-'D#*4%6$*3-6-YB2:/$sC-&0!(:
/**1:;;&'84.7.1&+.)80(%;4;.'+&]81/1i*.*5&n#.5&:!)5)*,5o#,'+)*.&.oG'.O&(-.*)(&oL[.65.0*&2)oI&'*()5)oG'.O&(-.*)()M8Y1%$sW*!(#$(:$!,65.2$"03).'$sS-#)0*2&)-0$:$A5&])'+(,8%.,(2)>$[0%+)'>$g3)6&5>
PO&5)3
I*9%8;4$3-G*%4+1"$#*-+)%99"B2:/$sC-&0!(:$/**1:;;&'84.7.1&+.)80(%;4;.'+&]81/1i*.*5&n#.5&:aO-*)<.&OJ60-'.)J2&5508Y1%$sW*!(#$(:$I(&)*.O&$I0330'-$A**(.6,*.0'J9/)(&)5.7&$?8_$sS-#)0*2&)-0$:$P.7/).5
aO-*)<.&O
I*9%8J%&9-1"FB2:/$sC-&0!(:$/**1:;;&'84.7.1&+.)80(%;4;.'+&]81/1i*.*5&n#.5&:P&,5)60/8Y1%$sW*!(#$(:$!,65.2$"03).'$sS-#)0*2&)-0$:$a5&-&3.2/&55&>$P0'7&N6).*
<,-/%8H6-#('5##-'5,-9*-'aaBZ]DF6BU=M$sC-&0!(:$/**1:;;&'84.7.1&+.)80(%;4;.'+&]81/1i*.*5&n#.5&:[()'+oA'')oA3)5.)o??8FBG/(8g!\$sW*!(#$(:$\fG$#(&&$"02,3&'*)*.0'$R.2&'-&
sS-#)0*2&)-0$:$A'+(&)-!()&<27&>$A(+<&('>$[&-*.)-0'.2)>$I0'20(+>$")'2&(>$a5&7//>$\&1)(+&'<0(&55&'<.-2/&(>$\(N<<.'+0(>$g)(&7*>$RA?>$P)**&->$!)*(.27">$X)'O&.%>$G3/&(.((&'+&(>$?$)'0'N30,&+.*I*9%8J*.%'7F*#"(-m'J6B'?-F#'o'!F%$3%6'H%##*#/3"#m'L*#.*#'=-6.'p'7"#*$:F%6%B2:/$sC-&0!(:
/**1:;;&'84.7.1&+.)80(%;4;.'+&]81/1i*.*5&n#.5&:P.7&o9/.'0+)>oP(8o^)/'oroI/&-*&(o[&''.'%*0'>oR.'7.'o!)(7o’o90'.-1/&(&8Y1%$sW*!(#$(:$I(&)*.O&$I0330'-$A**(.6,*.0'J9/)(&)5.7&$F8B
sS-#)0*2&)-0$:$7)55&(')
I*9%8U"F#'9%)",:3B2:/$sC-&0!(:$/**1:;;&'84.7.1&+.)80(%;4;.'+&]81/1i*.*5&n#.5&:g0/'o5&2031*8Y1%$sW*!(#$(:$I(&)*.O&$I0330'-$A**(.6,*.0'$?8B$sS-#)0*2&)-0$:$a)2SC?
I*9%8W-3F%6*#%'U%#.*#$'+'L*4%'a]\\'X\\YB2:/$sC-&0!(:$/**1:;;&'84.7.1&+.)80(%;4;.'+&]81/1i*.*5&n#.5&:k)*/&(.'&og&'7.'-oJoR.O&o?BCCoLCCM8Y1%$sW*!(#$(:$I(&)*.O&$I0330'-$A**(.6,*.0'$?8B
sS-#)0*2&)-0$:$")O.+$97.''&(
I*9%8C*/F3$<#3"A6%-,$H"@B2:/$sC-&0!(:$/**1:;;&'84.7.1&+.)80(%;4;.'+&]81/1i*.*5&n#.5&:f.%/*-Q'*0"(&)3-[0]8Y1%$sW*!(#$(:$,'7'04'$sS-#)0*2&)-0$:$f.279I#I>$9)5)O)*
I*9%87%/-+7-3&6#+ZA+!"#36"99%6B2:/$sC-&0!(:$/**1:;;&'84.7.1&+.)80(%;4;.'+&]81/1i*.*5&n#.5&:9&%)J9)*,('JF"JI0'*(055&(8Y1%$sW*!(#$(:$!,65.2$"03).'$sS-#)0*2&)-0$:$aO)'JA30-
R.2&'-&
L*)%#$%
I(&)*.O&$I0330'-$A**(.6,*.0'J9/)(&$A5.7&$F8B
;;2(&)*.O&20330'-80(%;5.2&'-&-;6NJ-);F8B;
hh