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WůĞĂƐĞŚĞůƉƵƐĞŶƐƵƌĞLJŽƵƌƐĂĨĞƚLJĂŶĚƚŚĞƐĂĨĞƚLJŽĨƚŚŽƐĞŝŶƚŚĞƐƵƌƌŽƵŶĚŝŶŐǁŽƌŬĂƌĞĂďLJĨŽůůŽǁŝŶŐƚŚĞƐĞ
ƐŝŵƉůĞ͕ĐŽŵŵŽŶƐĞŶƐĞŐƵŝĚĞůŝŶĞƐ͕ĂůŽŶŐǁŝƚŚƚŚŽƐĞŝŶƚŚĞŽƉĞƌĂƚŽƌ͛ƐŵĂŶƵĂůĂŶĚŽŶƚŚĞƉƌŽĚƵĐƚƐĂĨĞƚLJƐŝŐŶƐ͕
ǁŚĞŶƵƐŝŶŐĂƉŽƐƚŚŽůĞĚŝŐŐĞƌ͘&ĂŝůƵƌĞƚŽĨŽůůŽǁƐĂĨĞƚLJƌƵůĞƐĂŶĚͬŽƌŝŵƉƌŽƉĞƌƵƐĞĐĂŶƌĞƐƵůƚŝŶƐĞǀĞƌĞŝŶũƵƌLJŽƌ
ĚĞĂƚŚƚŽŽƉĞƌĂƚŽƌƐŽƌďLJƐƚĂŶĚĞƌƐ͘
ǀĞƌLJŽŶĞŝŶǀŽůǀĞĚŝŶƚŚĞĂƐƐĞŵďůLJ͕ŽƉĞƌĂƟŽŶ͕ƚƌĂŶƐƉŽƌƚ͕ŵĂŝŶƚĞŶĂŶĐĞ͕ĂŶĚƐƚŽƌĂŐĞŽĨƚŚŝƐĞƋƵŝƉŵĞŶƚŵƵƐƚďĞ
ĂǁĂƌĞ͕ƉƌƵĚĞŶƚ͕ĂŶĚƉƌŽƉĞƌůLJƚƌĂŝŶĞĚŝŶŝƚƐƐĂĨĞĂŶĚƉƌŽƉĞƌƵƐĞ͘DŽƐƚƉŽƐƚŚŽůĞĚŝŐŐĞƌĂĐĐŝĚĞŶƚƐŝŶǀŽůǀĞ
ĞŶƚĂŶŐůĞŵĞŶƚŝŶƚŚĞĚƌŝǀĞůŝŶĞŽƌĂƵŐĞƌ͘dŚĞĞŶƚĂŶŐůĞŵĞŶƚƌŝƐŬďĞĐŽŵĞƐŐƌĞĂƚĞƌǁŚĞŶLJŽƵƌĞƉůĂĐĞŽƵƌƐŚĞĂƌ
ďŽůƚŽƌĂƵŐĞƌƌĞƚĂŝŶŝŶŐďŽůƚǁŝƚŚĂďŽůƚƚŚĂƚĚŽĞƐŶŽƚŵĞĞƚŽƵƌƐƚĂƚĞĚƐƉĞĐŝĮĐĂƟŽŶƐ͘dŚŝƐŝŵƉƌŽƉĞƌ
ƌĞƉůĂĐĞŵĞŶƚŽĐĐƵƌƐŵŽƐƚŽŌĞŶŽŶŵĂĐŚŝŶĞƐƚŚĂƚĂƌĞůŽĂŶĞĚŽƌƌĞŶƚĞĚƚŽƐŽŵĞŽŶĞǁŚŽŚĂƐŶŽƚƌĞĂĚƚŚĞ
ŽƉĞƌĂƚŽƌ͛ƐŵĂŶƵĂůĂŶĚŝƐŶŽƚĨĂŵŝůŝĂƌǁŝƚŚĂƉŽƐƚŚŽůĞĚŝŐŐĞƌ͘
KƵƌĐƵƌƌĞŶƚƉƌŽĚƵĐƟŽŶƉŽƐƚŚŽůĞĚŝŐŐĞƌƐŝŶĐůƵĚĞ͕ĂƐƐƚĂŶĚĂƌĚĞƋƵŝƉŵĞŶƚ͕ƐĂĨĞƚLJƐŝŐŶƐĂŶĚŐƵĂƌĚƐĨŽƌĂƵŐĞƌ
ĂĚĂƉƚĞƌƐ͕ŐĞĂƌďŽdžŝŶƉƵƚƐ͕ĂŶĚĚƌŝǀĞůŝŶĞƐ͘KůĚĞƌŵĂĐŚŝŶĞƐĐĂŶďĞƌĞƚƌŽĮƩĞĚƚŽĂĚĚƚŚĞƐĞƐĂĨĞƚLJƐŝŐŶƐĂŶĚ
ŐƵĂƌĚƐ͘/ĨLJŽƵŚĂǀĞĂŶŽůĚĞƌĂŶƵƐĞƌƉŽƐƚŚŽůĞĚŝŐŐĞƌǁŚŝĐŚĚŽĞƐŶŽƚŚĂǀĞƐƚĂŶĚĂƌĚƐĂĨĞƚLJĞƋƵŝƉŵĞŶƚ͕ƉůĞĂƐĞ
ĐŽŶƚĂĐƚLJŽƵƌĚĞĂůĞƌĂďŽƵƚďƌŝŶŐŝŶŐLJŽƵƌŵĂĐŚŝŶĞƵƉƚŽƚŚĞĐƵƌƌĞŶƚůĞǀĞůŽĨƐĂĨĞƚLJ͘
/ĨLJŽƵŚĂǀĞŶŽƚƌĞĂĚŽƌĚŽŶŽƚƵŶĚĞƌƐƚĂŶĚƚŚĞŝŶƐƚƌƵĐƟŽŶƐŝŶƚŚĞŽƉĞƌĂƚŽƌ͛ƐŵĂŶƵĂůĂŶĚŽŶƚŚĞ
ĂƩĂĐŚĞĚƐĂĨĞƚLJƐŝŐŶƐ͕LJŽƵĂƌĞŶŽƚƋƵĂůŝĮĞĚƚŽŽƉĞƌĂƚĞƚŚĞƉŽƐƚŚŽůĞĚŝŐŐĞƌ͘
/ĨLJŽƵĚŽŶŽƚŚĂǀĞĂŶŽƉĞƌĂƚŽƌ͛ƐŵĂŶƵĂůĂŶĚĐƵƌƌĞŶƚƐĂĨĞƚLJƐŝŐŶƐĂƩĂĐŚĞĚƚŽƚŚĞƵŶŝƚ͕
ŝŵŵĞĚŝĂƚĞůLJƌĞƋƵĞƐƚƚŚĞŵĨƌŽŵĂŶƵƐĞƌŽƌLJŽƵƌĚĞĂůĞƌ͘
ĞĨŽƌĞŽƉĞƌĂƟŶŐ͕ĞŶƐƵƌĞĂůůƐŚŝĞůĚƐ͕ŐƵĂƌĚƐ͕ĂŶĚƐĂĨĞƚLJƐŝŐŶƐĂƌĞŝŶƉůĂĐĞ͘ůůƚŚĞƐĞƐĂĨĞƚLJ
ŵĞĂƐƵƌĞƐĂƌĞƐƚĂŶĚĂƌĚĞƋƵŝƉŵĞŶƚŽŶĐƵƌƌĞŶƚƉƌŽĚƵĐƟŽŶĚŝŐŐĞƌƐ͘/ĨLJŽƵŚĂǀĞĂŶŽůĚĞƌĚŝŐŐĞƌ͕
ĐŽŶƚĂĐƚƵƐŽƌLJŽƵƌĚĞĂůĞƌŚŽǁƚŽďƌŝŶŐŝƚƵƉƚŽĐƵƌƌĞŶƚƐĂĨĞƚLJƐƚĂŶĚĂƌĚƐ͘
WŽƐƚŚŽůĞĚŝŐŐĞƌƐĂƌĞĚĞƐŝŐŶĞĚĨŽƌŽŶĞͲŵĂŶŽƉĞƌĂƟŽŶ͘ůǁĂLJƐƐŝƚŝŶƚŚĞƚƌĂĐƚŽƌƐĞĂƚǁŚŝůĞ
ŽƉĞƌĂƟŶŐƚŚĞĚŝŐŐĞƌ͘EĞǀĞƌŽƉĞƌĂƚĞƚŚĞƵŶŝƚǁŚĞŶĂŶLJŽŶĞŝƐŶĞĂƌ͕ŽƌŝŶĐŽŶƚĂĐƚǁŝƚŚ͕ĂŶLJ
ƌŽƚĂƟŶŐŽƌŵŽǀŝŶŐƉĂƌƚ͘
ŶƚĂŶŐůĞŵĞŶƚƌŝƐŬŝŶĐƌĞĂƐĞƐǁŚĞŶLJŽƵƌĞƉůĂĐĞŽƵƌƐŚĞĂƌďŽůƚƐŽƌĂƵŐĞƌƌĞƚĂŝŶŝŶŐďŽůƚƐǁŝƚŚ
ďŽůƚƐůŽŶŐĞƌƚŚĂŶĂŶƵƐĞƌƐƉĞĐŝĮĞƐŝŶƚŚĞŽƉĞƌĂƚŽƌ͛ƐŵĂŶƵĂů͘
ĞĨŽƌĞƵƐŝŶŐƚŚĞƉŽƐƚŚŽůĞĚŝŐŐĞƌ͕ĞŶƐƵƌĞƚŚĞĂƵŐĞƌƉŽŝŶƚĂŶĚƚĞĞƚŚĂƌĞƉƌŽƉĞƌůLJŝŶƐƚĂůůĞĚĂŶĚŝŶ
ŐŽŽĚǁŽƌŬŝŶŐĐŽŶĚŝƟŽŶ͘
ĞĨŽƌĞƐƚĂƌƟŶŐĂŶLJƉƌŽũĞĐƚ͕ĂůǁĂLJƐĐĂůůϴϭϭƚŽůŽĐĂƚĞĂŶLJƵŶĚĞƌŐƌŽƵŶĚƵƟůŝƚLJůŝŶĞƐ͕ƉŝƉĞƐ͕Žƌ
ĐĂďůĞƐ͘
ŽŶŽƚƵƐĞďŽĚLJǁĞŝŐŚƚŽƌĂŶLJďŽĚLJƉĂƌƚƚŽĨŽƌĐĞƚŚĞĂƵŐĞƌŝŶƚŽƚŚĞŐƌŽƵŶĚŽƌƚŽƉŽƐŝƟŽŶƚŚĞĂƵŐĞƌǁŚĞŶŝƚ
ŝƐƚƵƌŶŝŶŐ͘ŽŶŽƚŽƉĞƌĂƚĞǁŝƚŚĂŶLJŽŶĞŶĞĂƌ͕ŽƌŝŶĐŽŶƚĂĐƚǁŝƚŚ͕ĂŶLJƉĂƌƚŽĨƚŚĞŝŵƉůĞŵĞŶƚ͕WdKĚƌŝǀĞůŝŶĞ͕Žƌ
ĂƵŐĞƌ͘/ƚŝƐƚŚĞƌĞƐƉŽŶƐŝďŝůŝƚLJŽĨƚŚĞŽƉĞƌĂƚŽƌƚŽƐĞĞƚŚĂƚŶŽŽŶĞŝƐǁŝƚŚŝŶϮϱĨĞĞƚŽĨƚŚĞĚŝŐŐĞƌǁŚĞŶŝƚŝƐƐƚĂƌƚĞĚ
ŽƌŝŶƵƐĞ͘dŚĞĮŶĂůƌĞƐƉŽŶƐŝďŝůŝƚLJĨŽƌƐĂĨĞƚLJƌĞƐƚƐǁŝƚŚƚŚĞŽƉĞƌĂƚŽƌŽĨƚŚŝƐŵĂĐŚŝŶĞ͘
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