(309 +(8 5*/,4 .,4(:85 ;0,2 "6(B 3(*/9 <0, +(8 88,4 92@2; (62 /6AA2 162@2 2/?.B05@.;926AB;4 .;; 8Q;;2; (62 .992 A205;6@052; +
4/(298;,7?,0*/408 &57(:- "0, (*/9,4 3E88,4 + 12: 6;/.B (6052?526A@56;D26@2 (6052?526A@56;D26@2 GB: 2/?.B05 12? "68?
4/(298;,7?,0*/408 (*15-,4 ,0489,22,4 (< @A2992; (62 26; 2? .08<32; @<99 .BA<:.A6@05 .B@@05.9A2; 2? .08<32; @<99 .BA<:.A6@05 26;S B;1 .B@@05.9A2; "*/4,22(:-/,0?:4.
4/(298;,7?,0*/408 -2,., :4+ !,040.:4. 2?PA .BO2; .08<32; '26;64B;4 12? 9.@@0526/2; 605AB;4 -B/25Q? 04, "9D7:4.
&57(:- "0, (*/9,4 3E88,4 !2@2; (62 /6AA2 @43P9A64 162@2 2/?.B05@.;926AB;4 #B? 1.;; 8Q;;2; (62 5? 2?PA @6052? B;1 ?605A64 /2162;2; 2/2; (62 162 2/?.B05@S B;1 162 "<;A.42.;926AB;4 4BA .B3 ,2;; (62 1.@ 2?PA D26A2?42/2; 9242; (62 162 ;926AB;42; /26 %57 +,3 04)(: $3<,29.,7,*/9 ,49857.,4 %.082; (62 1.@ 2?PA .B@ B;1 2;A@42; (62 162 +2?=.08B;4 B:D29A42?205A 62@2@ 2?PA 6@A 2;A@=?2052;1 12? 2B?<=P6@052; '605A96;62 R/2? 928A?
"0*/,7/,098/04<,08, 6;12? 1R?32; 2?605A2 :6A "68?
(4.,2/(-9, !,040.:4. .@ 2?PA ?2429:PO64 ?26;642; 26 :.;4295.3A2? '26;64B;4 8.;; 162 $/2?39P052 G2?@AQ?A D2?12; B;1 1.@ 2?PA :6A 12? -26A 1B?05?<@A2; "68?
%,76(*1:4.,4 #62 (=26@2; 6; ,.?:5.9A2C2?=.08B;42; 2?DP?:2; ?.;1423.5? #62 !2/2;@:6AA29 6; 25P9A2?; .B@ B;@A@A<33 %.=62? <12? .;12?2; /?2;;/.?2; ".A2?6.962; B;/2.B3@605A64A 2?DP?:2; 26 9B3A1605A C2?@059<@@2;2; !2/2;@:6AA29; 8.;; 162 +2?=.08B;4 =9.AG2; +2?/?2;;B;4@423.5? '605A2; (62 @605 ;.05 12; ;4./2; .B3 12? +2?=.08B;4 ;A;25:2; (62 162 2?605A2 6::2? :6A )<=39.==2; ,97C41, 26: ?56AG2; C<; 9R@@64826A2; 8.;; 2@ GB (6212C2?S GB4 8<::2; .@ 526OA 162 (6212A2:=2?.
()>4(/7:4. ,),483099,2 309 "*/(2,4 5+,7 C:9,4 #62 ./F;.5?B;4 6; 42@059<@@2;2; 23PO2; 2?DP?:2; ;A32?;2; (62 6::2? 12; 20829 <12? (.B42? #.05 12: ?DP?:2; 4BA B:?R5?2; <12? @05RAA29; #B? @< C2?A269A @605 162 ,P?:2 492605:PO64 +2?/?2;;B;4@423.5? N/2?=?R32; (62 162 )2:=2?.AB? /2C (62 12: 6;1 162 #.5?B;4 42/2; #62 62? 6; 12? (05.92 4.?2; #62 5.?A428<05A2 62? 2?DP?:2; (62 8Q;;2; 2E=9<@6<;@.?A64 G2?=9.AG2; 62@ 469A .B05 3R? (05.92;S <12? ?B@A2;A62?2 +2?/?2;;B;4@423.
$78(*/,4 -E7 "*/C+,4 (*1)2,*/ 5+,7 2:-520, (:+,3 (*15-,4)5+,4 (0562/2; (62 .B3 12: .08<32;/<12; 826; .08/9205 26; !242; (62 65; ;605A :6A 9B3<962 .B@ @ 2;A@A25A 26; ,P?:2@A.B 62 .08S B;1 ?.AG26A2; @A6::2; ;605A :25? B;1 1.@ :.69 D6?1 /2@05P164A &(88,7 03 (*15-,4 62O2; (62 ;62 ,.@@2? 6; 12; 526O2; .08<32; @ 8Q;;2; :.69@05P12; 2;A@A252; )898(-9 29242; (62 162 *;6C2?@.9=3.;;2 /26 @25? @.3A642: $/@A8B052; ;605A GB R==64 $/@A@.3A 12? C<; 12? *;6C2?@.9=3.
/7 4,:,8 ,7C9 62? 92?;2; (62 5? ;2B2@ 2?PA 82;;2; ,6? 2?89P?2; 5;2; 1.@ 2162;3291 :6A 12; (05.9A2?; B;1 ;G2642; (62 2?5.9A2; ;3
:4190548
,+0,49(89,4 :4+ 4?,0.,-,2+ +0AB4 +0AB4 *27=4;;0C5748HC=6 +0AB4 ,7@ +0AB4 $ +0AB4 .
,0?(79,4 R? 12; .08<32; @A252; 5;2; C2?@056212;2 26G.?A2; GB? +2?3R4B;4 (< 8Q;;2; (62 3R? 7212@ 2?605A 162 <=A6:.92 -B/2?26AB;4@.?A DP592; 0175<,22,4 (62 D2?12; 6; !2/2;@:6AA29; 6; ,P?:2 B:42D.;129A "68?
,0B2:-9 6; +2;A69.A .; 12? 'R08D.;1 C2?A269A 162 ,P?:2 C<; $/2?S B;1 *;A2?56AG2 492605:PO64 6: .08<32; "6A 26O9B3A 8Q;;2; (62 'R5?8B052; 6;
7022 12,04, 2C*/, ./26 D6?1 ;B? 12? :6AA92?2 )269 12@ ?699526G8Q?=2?@ 26;42@05.9A2A 62 26G.?A 6@A 42264;2A 3R? 8926;2 "2;42; (62 @=.?2; ;2?462 !242; (62 162 ?699@AR082 6; 12; :6AA92?2; 2?2605 12@ '<@A2@ 7022 .75B, 2C*/, 62 4.;G2 9P052 B;A2? 12: ?699526G8Q?=2? D6?1 526O (62 8Q;;2; :25?2?2 (A2.8@ ,R?@A052; 6@052 <12? )<.@A@ 4?6992; "(4-9.(7,4 "6A (.;3A4.?2; 6: )2:=2?.AB?/2?2605 C<; I /6@ I 4296;42; .992 G.?A2; 926@05@AR082 /2@<;12?@ @.
&(73/(29,4 : 2?2605 C<; I /6@ I 8Q;;2; (62 (=26@2; D.?:5.9A2; 2.05A2; (62 1.@@ D.?:2 (=26@2; 92605A2? C2?12?/2; 2@5.9/ 5.9A2; (62 162 (=26@2; ;605A 9P;42? .9@ GD26 (AB;12; D.?: (*15-,4 :4+ ':),/D7 .@ -B/25Q? 8.;; 6; C2?@056212;2; Q52; 6; 12; .08<32; 42@05
"54+,7?:),/D7 3(02F (*1)2,*/ ' 3R? B052; B;1 %9PAG052; .@ .08/9205 :6A 12? /@05?P4B;4 GB? .08<32;AR? /6@ GB: ;@059.4 6; 12; .08<32; @0562/2; 2(86-(44, ' 3R? 4?
%57 +,7 ,789,4 ,4:9?:4. ; 162@2: .=6A29 36;12; (62 .992@ D.@ (62 AB; :R@@2; /2C (62 GB: 2?@A2; ".9 8<052; 26G2; (62 12; .08<32; .B3 B;1 ?26;642; (62 1.@ -B/25Q? !2@2; (62 162 (6052?526A@56;D26@2 6: .=6A29 H,.B3 (62 .05A2; :R@@2; 9@ 2?@A2@ @252; (62 ;.05 6; 12? ;G2642 1.@ (F:/<9 *5? B;1 1?26 #B992; /96;82; ; 12? ;G2642 @A25A H*5?G26A 26;@A2992; "9,22,4 "0, +0, $/7?,09 ,04 "6A 12: ?258;<=3 162 *5?G26A 26;@A2992; ).@A2 *5? 1?R082; 2AGA 6@A 12? .
(*15-,4 (:-/,0?,4 "5 .,/,4 "0, ;57 *: 12; #2B42?B05 GB /2@26A642; 526G2; (62 12; 922?2; 42@059<@@2;2; .08<32; .B3 "6A 12: B;8A6<;@DP592? 26O9B3A .B@DP592; "6A ).@A2 6; 162 GD26A2 -2692 D205@29; "6A 12: B;8A6<;@DP592? I 26;@A2992; ).@A2 *5? 1?R082; ; 12? ;G2642 2?@0526;A "6;BA2; ).@A2 (A.?A 1?R082; #.05 "6;BA2; @05.9A2A 12? .08<32; @29/@A .B@ ; 12? ;G2642 @A25A H ;12 6; (64;.9 2?AQ;A ).@A2 (A<= 1?R082; .@ (64;.
,8*/077 ,,0.4,9,8 ,8*/077 2264;2A 6@A 56AG2/2@AP;1642@ 2@056?? .B@ 9.@ 9.@82?.:68 %
26@=629 "68?
4/(29,4 .08<32;AR? Q33;2; 62 "68?
(*15-,4 ,0489,22,4 (62 5./2; C2?@056212;2 "Q49605826A2; 5?2; .08<32; 26;GB@A2992; (*15-,4 ;54 (4+ (:88*/(29,4 ,2;; 1.@ 2?605A 32?A64 6@A @05.9A2; (62 12; .08<32; @29/@A .B@ ,7 (*15-,4 8*/(29,9 (:953(908*/ (:8 (62 8Q;;2; 162 R052 .B05 3R? 9P;42?2 -26A C2?9.@@2; ,7 (*15-,4 8*/(29,9 (:953(908*/ ,04 :4+ (:8 (62 8Q;;2; 1.@ 2?605A G :42;@ 6; 12; .08<32; 42/2; B;1 @< 26;@A2992; 1.@@ 2@ :6AA.4@ 32?A64 6@A #(),22,4 :4+ #0668 : .=6A29 ).
"6A 12: B;8A6<;@DP592? 162 42DR;@05A2 )2:=2?.AB? <12? (AB32 26;@A2992; ).@A2 (A.?A 1?R082; :88*/(29,4 ,2;; 1.@ 2?605A 32?A64 6@A 162 ).@A2 (A<= GD26:.9 1?R082; <12? 162 .08<32;AR? Q33;2; B;1 ).@A2 (A<= 26;:.9 1?R082; 62 ;G2642 2?96@05A 0489,22:4. C4+,74 62 )2:=2?.AB? <12? ?699@AB32 8Q;;2; (62 7212?G26A P;12?; 4/(29,4 .08<32;AR? Q33;2; .@ R5942/9P@2 8.;; D26A2?9.B32; ?R082; (62 ;.05 12: (05962O2; D6212? 162 ).@A2 (A.?A 2? 2A?62/ 9PB3A D26A2? ,2;; (62 C2?42@@2; 162 ).
,7 (*15-,4 8522 (:953(908*/ (:88*/(29,4 (A2992; (62 26; D62 6; %B;8A /6@ /2@05?62/2; 2/2; (62 72AGA ;<05 162 .B2? .?G26A 3R? 5? 2?605A 26; 26@=629 .B2? "6;BA2; ).@A2 *5? 1?R082; ; 12? ;G2642 2?@0526;A "6;BA2; "6A 12: ?258;<=3 162 42DR;@05A2 .B2? 26;@A2992; ).@A2 (A.?A 1?R082; 62 .B2? 9PB3A @605A/.? 6; 12? ;G2642 ./ 0, (:,7 089 ().,2(:-,4 6; (64;.9 2?AQ;A 2? .08<32; @05.9A2A .
04<,08 ,7 (*15-,4 8522 (:953(908*/ ,04F :4+ (:88*/(29,4 26@=629 @ 6@A *5? .@ 2?605A 1.B2?A "6;BA2; B;1 @<99 B: 32?A64 @26; (62 8Q;;2; .B05 GB2?@A 162 .B2? B;1 1.;; 162 26G.?A B;1 )2:=2?.AB? 26;@A2992; (A2992; (62 :6A 12: ?258;<=3 162 .B2? 26; B;1 1.;.05 :6A 12: B;8A6<;@DP592? 162 26G.?A ?R082; (62 162 ).@A2 B;1 C2?P;12?; (62 162 )2:=2?.AB? (A.?A2; (62 12; .08<32; 2.05A2; (62 /6AA2 1.@@ 92605A C2?12?/96052 !2/2;@S :6AA29 ;605A GB 9.;42 6: .
4+,?,09 C4+,74 2? .08<32; 1.?3 ;<05 ;605A 42@A.?A2A @26; ).@A2 *5? 1?26:.9 1?R082; B;1 @<3
"5 89,22,4 "0, ,04 .08<32; D62 42DR;@05A 26;@A2992; ).@A2 (05;299.B3526GB;4 1?R082; ; 12? ;G2642 92B05A2A 1.@ (F:/<9 ).@A2 (A.?A 1?R082; 2? .08<32; 526GA .B3 0, "*/4,22(:-/,0?:4. 089 ),,4+,9 (62 5Q?2; 26; 8B?G2@ (64;.9 .@ (F:/<9 2?96@05A 2/2; (62 5? 2?605A 6; 12; .08<32; ?R082; (62 D6212? 162 ).@A2 (A.?A 6;2 26;42@A299A2 .B2? 9PB3A 2?@A 72AGA ./ "*/4,22(:-/,0?:4. ())7,*/,4 ).@A2 (05;299.B3526GB;4 1?R082; .@ (F:/<9 2?96@05A 62 (05;299.B3526GB;4 6@A .
,,0.4,9, ,0?(79,4 $/2?S B;1 *;A2?56AG2 26O9B3A S 26O9B3A *:9B3A4?6992; ?699 8926;2 9P052 ?699 4?
"6A 12? ).@A2 6; 162 GD26A2 -2692 D205@29; "6A 12: B;8A6<;@DP592? 162 42DR;@05A2 )2:=2?.AB? <12? (AB32 26;@A2992; ).@A2 (A.?A 1?R082; 62 .B2? 9PB3A @605A/.? 6; 12? ;G2642 ./ 0, (:,7 089 ().,2(:-,4 6; (64;.9 2?AQ;A 2? .08<32; @05.9A2A .B@ ; 12? ;G2642 2?@0526;A H ;12 <12? H 2?PA 8R59A L33;2; (62 162 .08<32;AR? <12? 1?R082; (62 162 ).@A2 (A<= 0489,22:4. C4+,74 62 )2:=2?.AB? ?699@AB32 <12? .B2? 8Q;;2; (62 7212?G26A C2?P;12?; 4/(29,4 .
0489,22:4. 2D8*/,4 ).@A2 (A<= GD26:.9 1?R082; <12? 162 .08<32;AR? Q33;2; B;1 ).@A2 (A<= 26;:.9 1?R082; (*15-,4 :4+ 0175<,22, 8522,4 (:953(908*/ ,04F :4+ (:88*/(29,4 (A2992; (62 26; D62 6; %B;8A /6@ /2@05?62/2; ?R082; (62 162 ).@A2 *5? /6@ H ;12 26;@A2992; 2?@0526;A +2?@0562/2; (62 :6A 12: ?258;<=3 162 ;12G26A .B3 @=PA2? B;1 1?R082; (62 D6212? 162 ).@A2 (A.?A 04<,08 (62 8Q;;2; .B05 GB2?@A 162 26G.?A B;1 )2:=2?.AB? B;1 1.;; 162 "68?
).@A2 1?R082; .@ 2?@A2 %?<4?.:: B;1 1.@ +@059.4@42D605A 2?@0526;2; 6; 12? ;G2642 "6A 12: B;8A6<;@DP592? 1.@ 42DR;@05A2 %?<4?.:: .B@DP592; .@ +@059.4@42D605A 2?@0526;A 6; 12? ;G2642 "6A 12: ?258;<=3 1.@ 42DR;@05A2 2D605A 26;@A2992; ).@A2 (A.?A 1?R082; 62 .B2? 9PB3A @605A/.? 6; 12? ;G2642 ./ 0, (:,7 089 ().,2(:-,4 6; (64;.9 2?AQ;A 2? .08<32; @05.9A2A .B@ ; 12? ;G2642 2?@0526;A H ;12 ,2;; 12? .
(7,7.,)408 04+0;0+:,22 (46(88,4 ,2;; 1.@ .?2?42/;6@ ;605A 5?2: 2@05:.08 2;A@=?605A 8Q;;2; (62 2@ P;12?; (A2992; (62 26; D62 6; %B;8A /6@ /2@05?62/2; ?R082; (62 162 ).@A2 26;642 (28B;12; B;1 C2?@0562/2; (62 :6A 12: B;8A6<;@DP592? 1.@ 92B05A2;12 291 ;.05 96;8@ .?2?42/;6@ @05DP052? ;.05 ?205A@ .?2?42/;6@ 6;A2;@6C2? .99@ (62 6::2? 26; @05DP052?2@ /GD 6;A2;@6C2?2@ .?2?42/;6@ :Q05A2; 8Q;;2; (62 H ;16C61B299 .;=.@@2; P;12?; (252; (62 1.GB 6: .=6A29 ?B;126;@A299B;42; ;.
04<,08, ?:7 75.7(33F :953(901 #25:2; (62 1.@ !2/2;@:6AA29 .B@ 12? +2?=.08B;4 B;1 D6242; (62 2@ ./ ,2;; (62 1.@ 42;.B2 2D605A ;605A 26;42/2; 8Q;;2; ?B;12; (62 2@ .B3 /GD ./ +2?D2;12; (62 3R? 162 %?<4?.::2 6::2? :68?
2?26A@ .B342A.BA2@ .083926@05 ;.05 12: ,2;12; 2;A32?;2; .;G2@ 239R429 GB2?@A :6A 12? ?B@A@26A2 239R429S A2692 :6A 12? .BA@26A2 .B3 1.@ 2@056?? 9242; 26;2 B;1 9R429 :6A 8926;2; (AR082; 9B3<962 ./12082; 26 4.;G2: 6@05 162 (05D.;G39<@@2 :6A 9B3<962 /26 6@053692A 162 '.;1/2?26052 B;1 /26 6@058
6?@2 2/2; (62 GB? 6?@2 162 GD26S /6@ GD2626;5.9/S 3.052 "2;42 9R@@64826A GB 08*/ 6@05 6: .;G2; 3?6@05 /6@ @@9Q3329 ,.@@2? <12? -6A?<;2;@.3A GB3R42; 6@053692A 3?6@05 /6@ @@9Q3329 ,.@@2? <12? -6A?<;2;@.3A GB3R42; %.;62?A2 )6;A2;36@05?6;42 423?2; (62 :R@@2; 3R? 162 -B/2?26AB;4 6: .08<32; 42264;2A @26; ,-2E.,2 P5;052; :6A 12? ?B@A@26A2 ;.05 B;A2; 6; 1.@ 2@056?? 9242; P5;052;A2692 :6A 12? 926@05@26A2 ;.05 2; 6; 1.@ 2@056?? 9242; %BA2;/?B@A <5;2 .BA 4.
!:/,?,09,4 6;642 2?605A2 /2;QA642; ;.05 %?<4?.::2;12 ;<05 26;2 'B52G26A 6: .08<32; *# ", -" 0 #, 4554;= 20 $8=CB4= ->@74@ 30A 4=BAB0=34=4 .0AA4@ 01684M4= 4B@4834?@>3C:B4 18A $8=CB4= 'CB4=1@CAB $8=CB4= )>0AB1445 )8=34@1@0B4= "0;1A1@0B4= #0<<:4C;4 *27E48=41@0B4= 02:1@0B4= $8=CB4= 75.7(339(),22, *(!* &&!*-)) *(!* && #!' , '+,, % /# ",+ 7 * # " #' $! + "#** - "5* #'+ "- "5" - , - ' @>B 645@>@4= .48H4=1@>B .
*(!* &&!*-)) *(!* && #!' , '+,, % /# ",+ 7 * # " #' $! + "#** - "5* #'+ "- "5" 8A2758;4B 645@>@4= 8;4B D>< 427B "014;90C #027A )>B10@A27 *44;027A /0=34@ R ;0274A 4A278@@ >7=4 42:4; )>AB P74 8A27:>B4;4BB 645@>@4= ">B4;4BB D>< "014;90C 427B >@A27 #027A R ;0274A 4A278@@ >7=4 42:4; )>AB P74 *86=0; HC< .4=34= =027 20 34@ K 34@ /48B *86=0; HC< .4=34= =027 *86=0; HC< .
*(!* &&!*-)) *(!* && #!' , '+,, % 8@A4 *86=0; HC< ,<@Q7@4= 94 =027 4E827B =027 20 R $8=CB4= *86=0; HC< ,<@Q7@4= =027 R $8=CB4= /# ",+ 7 * # " #' $! + "#** - "5* #'+ "- "5" R >74A 4A278@@ <8B 42:4; )>AB P74 #+ " 8A27 8< 0=H4= 5@8A27 >@4;;4 $0:@4;4 /0=34@ R >74A 4A278@@ <8B 42:4; )>AB P74 8A2758;4B 5@8A27 8;4B D>< 427B "014;90C )>B10@A27 *44;027A /0=34@ R >74A 4A278@@ <8B 42:4; )>AB P74 R ,=8D4@A0;
*(!* &&!*-)) *(!* && 02:1@0B4= #!' , '+,, % 20 2< 7>27 /# ",+ 7 * # " #' $! + "#** - "5* #'+ "- "5" R 4A278@@ <8B 42:4; )>AB P74 #0A06=4 >;>6=4A4 645@>@4= R 4A278@@ >7=4 42:4; )>AB P74 0==4;>=8 645@>@4= R 4A278@@ >7=4 42:4; )>AB P74 $0::0@>=8R C5;0C5 645@>@4= R 4A278@@ >7=4 42:4; )>AB P74 '><<4A 5@8B4A 382: 645@>@4= R ,=8D4@A0;?50==4 P74 '><<4A 5@8B4A 3Q== 645@>@4= R ,=8D4@A0;?50==4
*(!* &&!*-)) *(!* && #!' , '+,, % '8HH0R 06C4BB4 645@>@4= /# ",+ 7 * # " #' $! R + "#** - "5* #'+ "- "5" ,=8D4@A0;?50==4 P74 ,357> "6A "2:
).@A2 3R? 162 42DR;@05A2 "68?
"6A 12: B;8A6<;@DP592? 162 42DR;@05A2 )2:=2?.AB? <12? ?699@AB32 26;@A2992; ).@A2 "2:
).@A2 (A.?A 1?R082; 62 .B2? 9PB3A @605A/.? 6; 12? ;G2642 ./ 0, (:,7 089 ().,2(:-,4 6; (64;.9 2?AQ;A 2? .08<32; @05.9A2A .B@ ; 12? ;G2642 2?@0526;A H ;12 <12? H 2?PA 8R59A L33;2; (62 162 .08<32;AR? <12? 1?R082; (62 162 ).@A2 (A<= 4/(29,4 .08<32;AR? Q33;2; .@ R5942/9P@2 8.;; D26A2?9.B32; ?R082; (62 ;.05 12: (05962O2; D6212? 162 ).@A2 (A.?A 2? 2A?62/ 9PB3A D26A2? ,2;; (62 C2?42@@2; 162 ).@A2 (A.?A GB 1?R082; 5Q?2; (62 ;.05 1?26 (28B;12; 26; (64;.9 ; 12? ;G2642 @A25A H(A.
"5 89,22,4 "0, ,04 26@=629 *5? "6A 12: ?258;<=3 162 *5?G26A 26;@A2992; ).@A2 *5? 1?R082; 62 *5?G26A 6@A R/2?;<::2; A4+,74 ? ;54 "533,7F (:- &049,7?,09 ?R082; (62 162 ).@A2 *5? (A2992; (62 26; D62 6; %B;8A B;1 /2@05?62/2; $/7?,09 (:8)2,4+,4 .@ 2?PA 6@A @< 26;42@A299A 1.@@ 162 *5?G26A @AP;164 @605A/.? 6@A (62 8Q;;2; 162@2 ?B;126;@A299B;4 P;12?; 6; H*5?G26A ;B? /26 2A?62/ S 162 *5?G26A 6@A .B@42/92;12A B;1 2?@0526;A ;B? D2;; 12? .08<32; 6; 2A?62/ 6@A ).
).@A2 "2:
7:4+,0489,22:4.,4 5? .08<32; 5.A C2?@056212;2 ?B;126;@A299B;42; 2C (62 1.@ 2?PA GB: 2?@A2; ".9 /2;BAG2; @<99A2; (62 .B3 7212; .99 162 (=?.052 3R? 162 ;G2642 .;=.
"5 89,22,4 "0, ,04 26@=629 (=?.052 P;12?; 6; ;496@05 (62 8Q;;2; C2?@056212;2; (=?.052; .B@DP592; ).@A2 "2:
04+,780*/,7:4. .:6A 6;12? 12; .08<32; ;605A C2?@252;A9605 26;@05.9A2; 5.A 2? 26;2 6;12?@6052?B;4 (*15-,4 86,77,4 ).@A2 (A<= 26;642 (28B;12; 9.;4 1?R082; ; 12? ;G2642 2?@0526;A H 6;12?@6052?B;4 992 B;8A6<;2; @6;1 /9<0862?A "6,77, (:-/,),4 ).@A2 (A<= D6212? 3R? 26;642 (28B;12; 1?R082; 62 (=2??2 6@A .B3425
"6A 12: ?258;<=3 162 ,2082?G26A 26;@A2992; ).@A2 ,2082? 1?R082; 62 -26A 9PB3A @605A/.? 6; 12? ;G2642 ./ 0, ',09 089 ().,2(:-,4 6; (64;.9 2?AQ;A ).@A2 ,2082? 1?R082; 62 *5?G26A 2?@0526;A D6212? &,*1,7?,09 C4+,74 ).@A2 ,2082? 1?R082; "6A 12: ?258;<=3 162 -26A C2?P;12?; B;1 D6212? 162 ).@A2 ,2082? 1?R082; 0489,22:4. 2D8*/,4 ).@A2 ,2082? 1?R082; B;1 1.;; ).@A2 (A<= 1?R082; ,2;; GB492605 26; .08<32;S 2A?62/ ./9PB3A ).
"0*/,7/,098()8*/(29:4. ,2;; (62 26;:.9 C2?42@@2; 5./2; 12; .08<32; .B@GB@05.9A2; D6?1 162 (6052?526A@./@05.9AB;4 .8A6C 2? .08<32;/2A?62/ D6?1 B;A2?/?<052; ,.;; 162@ 42@05625A ?605A2A @605 ;.05 12? 26;42@A299A2; )2:=2?.AB? <12? ?699@AB32 ,2;; 12? .08<32; ;605A :25? 526GA 2?@0526;A 6; 12? ;G2642 26; 62 26GB;4 6@A B;A2?/?<052; /6@ (62 162 ).@A2 (A<= 421?R08A 5./2; .@ 2?96@05A 2AGA 8Q;;2; (62 12; .08<32; D6212? ;2B 26;@A2992; "0*/,7/,098()8*/(29:4. (:-/,),4 2/2; (62 26;2 .B2? 26; 1.
,7C9, 309 +,289(/2-7549 ;A32?;2; (62 .98S 2AAS (AP?82S B;1 6D26O392082; 6::2? @<3
.;A2; 1R;;2? 92052 9.@@2; @605 ;605A C<99 2:.69962?2; (62 8Q;;2; 12@5.9/ ?.B @26; 2? ?<@6<;@@05BAG 6@A 42DP5?926@A2A !,040.:4. +,7 2(8()+,*1:4. (4 +,7 (*15-,4+,*1, :8)(: 62 9.@./1208B;4 .; 12? .08<32;12082 8Q;;2; (62 52?.B@;25:2; 05AB;4 2? .08<32; :B@@ 8.9A @26; 2@056??AB05 6; 12; .08<32; 9242; 62 9.::2? .; 12? .08<32;12082 ;.05 C; G6252; 62 9.@./1208B;4 C; :6A 12: .B:2; 12? .;12?2; .;1 ;.05 B;A2; 1?R082; 62 9.::2? 9<@9.@@2; 62 /1208B;4 :6A /2612; P;12; ;.
(26A9605 ;.05 B;A2; 86==2; B;1 52?.B@;25:2; 0, +0, 0175<,22,4F 49,44, ),7E/7,4 5+,7 7,040.,4 26 92605A2? +2?@05:BAGB;4 62 9.@./1208B;4 :6A 526O2? (=R99.B42 ./D.@052; 26 @A.?82? +2?@05:BAGB;4 62 9.@./1208B;4 D62 162 :.6939P052; 6: .08<32; ?26;642; 04)(: 62 /1208B;4 :6A 12? 49.AA2; (26A2 ;.05 B;A2; 26;@0562/2; B;1 .B3 12: ?699526G8Q?=2? ./9242; "6A /2612; P;12; ;.05 56;A2; 6; 162 GD26 .
62 9.::2? ;.05 C; G6252; B;1 162 9.@./1208B;4 ;.05 2; 1?R082; 9.::2? 9<@9.@@2; 2@056??AB05 .B@ 12: .08<32; 2;A32?;2; !,040.:4. +,7 2(88*/,0),4 (62 8Q;;2; 162 9.@@0526/2; .; 12? .08<32;AR? GB? /2@@2?2; '26;64B;4 ./;25:2; :8)(: 0, +(8 ,7C9 5/4, 0175<,22,4F 2(8()+,*1:4. 04 ,970,) 4,/3,4 05AB;4 12? .08<32; :B@@ 8.9A @26; +2?/?2;;B;4@423.5? .08<32;AR? Q33;2; 62 GD26 (05?.B/2; .; 12? )R? :6A 26;2: (0596AG@05?.B/2;1?252? 96;42;/?26A2 S :: 9Q@2; .
04)(: 62 (0526/2 6; 162 R5?B;4 26;@2AG2; 2AD.@ .;52/2; B;1
0*/9:4. ':),/D7 62 605AB;4 .; 12? .08<32;AR? ?26;642; (62 :6A (=R9:6AA29 2;BAG2; (62 ;62 @05.?32 <12? @052B2?;12 '26;64B;4@:6AA29 ,26052; (62 1.@ -B/25Q? 492605 ;.05 12: 2/?.B05 :6A (=R9:6AA29 26; (=26@2?2@A2 9.@@2; @605 1.;; 26;3.05 :6A 26;2? R?@A2 <12? 26;2: (=R9@05D.:: 2;A32?;2; 04, "9D7:4. <(8 9:4 )?6AA 26;2 (AQ?B;4 .B3 @< 9624A 2@ <3A ;B? .; 26;2? 926S ;64826A 2C (62 12; B;12;162;@A ?B32; .05A2; (62 /6AA2 .
,5*-'! 5!%# " *+ " #'/ #+ "#% %027 34< 8=AB4;;4= EC@34 384 @Q2:4= *84 384 +0AB4 *B0@B >34@ +0AB4 *B0@B =827B 643@Q2:B ;PA274= *84 384 8=AB4;;C=6 <8B 34@ +0AB4 *B>? 84 $8:@>E4;;4 A270;B4B =827B 48= 84 +Q@ EC@34 =827B 60=H 64A27;>AA4= '@Q54= *84 >1 *?48A4@4AB4 >34@ 48= @4<3:P@?4@ 8= 34@ +Q@ :;4<<4= 84 +0AB4 *B0@B EC@34 =827B 643@Q2:B @Q2:4= *84 384 +0AB4 *B0@B A EC@34 48=4 HC :;48=4 $8:@>E4;;4=R#48ABC=6 48=64AB4;;B .
,5*-'! 5!%# " *+ " #'/ #+ "#% = 34@ ,7@R =H4864 4@A2748=B 384 47;4@<4;3C=6 I >34@ I +427=8A274@ 454:B )C54= *84 34= "C=34=384=AB !,6(7(9:7,4 +E7-,4 "0, 4:7 ;54 .,8*/:29,4 :4+,4+0,489F#,*/401,74 +:7*/-E/7,4 2(88,4 ,6?1 5? 2?PA B;@.0542:PO ?2=.?62?A 8Q;;2; 3R? (62 2?52/96052 23.5?2; 2;A@A252; (*15-,42(36, (:8<,*/8,24 62 .08<32;9.:=2 8Q;;2; (62 .B@D205@29; )2:=2?.AB?/2@AP;1642 .9<42;9.:=2; + , 2?5.9A2; (62 /26: B;12;162;@A <12? 6: .055.;129 #25:2; (62 162 ;2B2 .
C 9.@./1208B;4 D6212? .;/?6;42; 691 2@056??AB05 52?.B@;25:2; (6052?B;4 6: (6052?B;4@8.@A2; D6212? 26;@05.9A2; <12? #2AG@A2082? 26;@A2082; #E7+0*/9:4. (:8<,*/8,24 @A 162 )R?1605AB;4 12328A :B@@ @62 .B@42D205@29A D2?12; ?@.AG1605AB;42; 3R? 5? 2?PA 2?5.9A2; (62 /26: B;12;162;@A 2/2; (62 /6AA2 162 S#B::2? B;1 162 S#B::2? 5?2@ 2?PA2@ .; .08<32;AR? Q33;2; 9A2 )R?1605AB;4 ./G6252; ; 12? )R?1605AB;4 @6;1 .82; /232@A64A "6A 162@2; .82; 162 ;2B2 605AB;4 .; 12? .
:4+,4+0,489 ,2;; 5? 2?PA ?2=.?62?A D2?12; :B@@ 6@A B;@2? B;S 12;162;@A 3R? (62 1. ;@05?63A B;1 )2923<;;B::2? 12? ;P05@A429242;2; B;12;162;@A@A2992 36;12; (62 6: )2923<;/B05 B05 162 .;4242/2;2; B;12;S 162;@AG2;A?2; ;2;;2; 5;2; 42?; 26;2 B;12;162;@AS @A2992 6; 5?2? #P52 F :33,7 :4+ F :33,7 ,2;; (62 B;@2?2; B;12;162;@A .;312?; 42/2; (62 /6AA2 162 S#B::2? B;1 S#B::2? 12@ 2?PA2@ .; .@ )F=2;@05691 :6A 12; #B::2?; 36;12; (62 6: .08<32; .:6A (62 6: (AQ?B;4@3.99 ;605A 9.
#(),22,4 :4+ #0668 62? 36;12; (62 26;2 B@D.59 .; 2?605A2; B;1 162 <=A6:.92; 6;@A299B;42; 1.GB (62 8Q;;2; ;.0592@2; D29052 "68?
62 (=26@2; GD6@052;1B?05 S :.9 D2;12; <12? B:?R5?2; ?< )8=3 *27E48= "0;1 <8B C=3 >7=4 "=>274= ;48A27 8= *BQ2:4= >34@ *2748R 14= D>< )8=3 *27E48= "0;1 02:5;48A27 64<8A27B #'/ #+ .
"C274= B@>2:4= H )Q7@:C274= '! #$*(/ %% '% #+,-'! ,, - * #' #'-, ' #'/ #+ 6 6 . R $8= . $8= . "C274=ABQ2:4 D>=48=0=34@ B@4==4= %C@ 5Q@ "C274= >7=4 ;0AC@ *07=4 >34@ @4<4 "C274= A05B86 6 H &1AB:C274= (C0@::C274= 6 R $8= . $8= . R $8= . $8= . R $8= %C@ 5Q@ "C274= >7=4 ;0AC@ *07=4 >34@ 4;0B8=4 #25:2; (62 2?A6442?605A2 .B@ 12? +2?=.
'! #$*(/ %% '% #+,-'! ,, - * #' #'-, ' #'/ #+ 48;064= H )48A %C34;= 6 6 . R $8= . R $8= 64A27;>AA4=4A 4A278@@ ;QAA86:48B HC6414= 422>;8 $P7@4= 6 6 . R $8= . R $8= 64A27;>AA4=4A 4A278@@ # .0AA4@ HC6414= )077=4 /CA0BH D>= .0AA4@ 60@4= R $8= #25:2; (62 2?A6442?605A2 .B@ 12? +2?=.
'! #$*(/ %% '% #+,-'! ,, #'/ #+ - * #' #'-, ' 01G:>AB H $8;275;OA27274= <; <; <; . K R $8= . R K $8= . R $8= *C??4 N 6 N 6 N 6 . K R $8= . R $8= . R $8= ;48A27A274814= >34@ RABQ2:4 8= *>M4 6 . R 8=B>?5 6 6 . R $8= . R $8= 64A27;>AA4=4A 4A278@@ 6 6 . R $8= .
48;064= H "0@B>554;= H )48A '! #$*(/ %% '% #+,-'! ,, - * #' #'-, ' #'/ #+ 6 6 6 6 . R $8= . R $8= . R $8= . R $8= . R $8= . R $8= . R $8= "0@B>554;= 8= 6;4827 6@>M4 *BQ2:4 A27=4834= R # .0AA4@ ?@> 6 HC6414= C<@Q7@4= >??4;B4 $4=64 ;QAA86:48B HC6414= C=3 48= 7>74A 45OM D4@E4=34= 'C338=6 HE8A274=3C@27 <8B 34< *27=4414A4= R <0; 6CB C<@Q7@4= 6 *QMA?48A4= H 'C338=6 =AB0=B &1AB ">>BB <; .
2,08*/ ,-2E.,2 08*/ ': +,4 #(),22,4 )2:=2?.AB? B;1 ?.A1.B2? @6;1 C<; 2@05.332;526A B;1 "2;42 ./5P;464 2@5.9/ @6;1 6; 12; )./2992; 2?26052 .;4242/2; 246;;2; (62 :6A 12: ;621?642?2; ,2?A B;1 @A2992; (62 D2;; 2?312?9605 /26: ;P05@A2; ".9 5Q52? 26; -B@PAG96052 ;3
26O9B3A $/2?S *;A2?56AG2 *:9B3A4?6992; ?699 4?@1@0B4= 20 6 $8= )>0AB1445 @>A0 20 6 . R $8= *27E48=45;48A27 >7=4 *27E0@B4 20 6 H %02:4= .
#$*(/ %% '% #+,-'! ,, - * #' #'-, ' O=A4:4C;4 *BQ2: 20 6 . R $8= 0=A R . R $8= 6 5" &) * 7 ,-* 1 *#%%7 +,- #0 *, #'/ #+ R %027 20 $8=CB4= E4=34= %027 34< .4=34= 384 0CB 48=AB4274= R ,=8D4@A0;?50==4 /E48<0; E4=34= 48 *27E48=45;48A27 384 *27E0@B4 48=A27=4834= )>AB 8= P74 ,=8D4@A0;?50==4 8= P74 48=A278414= <; .0AA4@ 8= 384 ,=8D4@A0;?50==4 6414= 04<,08, ?:3 7022,4 ?6992; (62 6::2? /26 42@059<@@2;2? .
'! /# ", 5" #07 *, ,- - * #' #'-, ' @8;;EQ@AB4 R *BQ2: N 20 6 AB0@: AB0@: *48B4 20 R *48B4 20 R 8A27:>B4;4BB R *BQ2: N 20 6 AB0@: AB0@: *48B4 20 R *48B4 20 R 8A27 60=H H >@4;;4= R *BQ2: N 20 <8BB4; <8BB4; *48B4 20 *48B4 20 6 R R +>0AB1@>B *274814= AB0@: AB0@: *48B4 20 R *48B4 20 R +>0AB1@>B *274814= AB0@: AB0@: *48B4 20 R *48B4 20 R 4= )>
:*/,4 :4+ ,)C*1 ': +,4 #(),22,4 62 -26A.;4./2; 429A2; 3R? 1.@ 6;@0562/2; 6; 12; 8.9A2; .08<32; )2:=2?.AB? B;1 .081.B2? @6;1 C<; 2@05.332;526A B;1 "2;42 12@ )2642@ ./5P;464 2@5.9/ @6;1 6; 12; )./2992; 2?26052 .;4242/2; 246;;2; (62 :6A 12: ;621?642?2; ,2?A B;1 @A2992; (62 D2;; 2?312?9605 /26: ;P05@A2; ".9 5Q52? 26; 6;2 ;621?642?2 )2:=2?.AB? 2?46/A 26;2 492605:PO642?2 ?PB;B;4 -B@PAG96052 ;3
$/2?S *;A2?56AG2 ;A2;@6C56AG2 26O9B3A S 26O9B3A - " ' + "#** 5" #0 *, &) * ,-* ° - * #' #'-, ' )Q7@:C274= 548= H *0=3:C274= %0?5R "@0=HR "0AB4=5>@< R R +>@B4=1>34= <8B )0=3 0CA $Q@14B486 *?@8=65>@< R R +>@B4=1>34= 0CA )Q7@B486 &1AB1>34=5>@< R R 8A:C8BB>@B4 .
$/2?S *;A2?56AG2 S 26O9B3A % #'! 4 $ 5" #0 *, &) * ,-* 1 R R R R ';OBH274= ,=8D4@A0;?50==4 ';OBH274= ,=8D4@A0;?50==4 <08;R 02:1;427 08A4@ ,=8D4@A0;?50==4 $0:@>=4= ,=8D4@A0;?50==4 R $0:@>=4= ,=8D4@A0;?50==4 <08;R 02:1;427 R ;OBB4@B486 ,=8D4@A0;?50==4 ;OBB4@B486 ,=8D4@A0;?50==4 <08;R 02:1;427 @PB274= H )>664=1@PB274= ,=8D4@A0;?50==4 .
* - " ' #+, 0- ,*( $ ' *B4274= *84 <8B 48=4< /07=AB>274@ :;48=4 #P274@ 8= 34= 54@B864= "C274= 0== B@OC54;= *84 &1ABA05B >34@ ;:>7>;8A274A 30@Q14@ .
:-2C:-, 7(9048 #5(898 62 )./2992 469A 3R? 1.@ 6;@0562/2; 6; 12; 8.9A2; .08<32; (A2992; (62 12; B39.B3 6; 26;2: :68?
#0,-1E/2F ,790.675+:19, 6AA2 /2.05A2; (62 162 2?@A2992?.;4./2; .B3 12? +2?=.08B;4 62 )./2992;D2?A2 429A2; 3R? 1.@ 6;@0562/2; 6; 12; 8.9A2; .08<32; $/2?S *;A2?56AG2 26O9B3A S 26O9B3A *# ", 5" *B@C34; <8B &1AB5Q;;C=6 ,=8D4@A0;?50==4 '><<4A @8B4A ,=8D4@A0;?50==4 '8HH0 ,=8D4@A0;?50==4 '8HH0R 06C4BB4 ,=8D4@A0;?50==4 "@>:4BB4= ,=8D4@A0;?50==4 )PAB8 ,=8D4@A0;?50==4 '8HH4= )>AB ,=8D4@A0;?50==4 "(4-9.(7,4 ,,0.4,9,8 ,8*/077 "5 .
62 %9.AA2 :6A 12: 926@05 D6212? 6; 12; .08<32; @A2992; B;1 ;.054.?2; R? 162 :26@A2; 926@05S @AR082 6@A 26;2 #.054.?A2:=2?.AB? C<; I 612.9 04<,08, ?:3 "(4-9.(7,4 +2?D2;12; (62 ;B? 3?6@052@ 26;D.;13?262@ 926@05 ?.A2; (62 1.@ 926@05 @25? 526O B;1 .B@?26052;1 9.;42 .; 2082; (62 1.@ 926@05 /26: #.054.?2; 6: .08<32; ;605A ./ B05 4?QO2?2 926@05@AR082 :R@@2; ;605A 42D2;12A D2?12; .@ 926@05 8.;; ;.05 12: (.;3A4.?2; @<3
#0668 ?:3 "(4-9.(7,4 + + ' ,! ! *, % #+ " #+, '# ", +( " #3 /# $('. ',#(' %% ! * , ' + % #+ " .O@<4= *84 384 +4;;4@ 0= C=3 A4@D84@4= *84 384 *>M4= A47@ 748M # /(%% ' + ' ,! ! *, + % #+ " / *& " %, ' *270;B4= A84 =027 34< *0=5B60@4= 0C5 384 +44@0BC@ J HC@Q2: ";48=4 ;48A27ABQ2:4 :P==4= 18A HC $8=CB4= 6@>M4 *BQ2:4 18A HC HE48 *BC=34= E0@< 6470;B4= E4@34= *7>2(30+ 04 ,),483099,24 ,62 @05P19605 0?F9.:61 6; !2/2;@:6AA29; 6@A D6?1 12?G26A C<; .0592BA2; 16@8BA62?A B3 .@6@ 12? .
&(8 1D44,4 "0, 9:4 22.,3,04,8 <52 0?F9.:61S,2?A2 /26: .082; ?.A2; B;1 ?6992; 8Q;;2; (62 C2?:2612; <942;12 :=3259B;42; DB?12; 1.GB C<; .61 B;1 "+ ! 52?.B@4242/2; .9A2; (62 162 .?G26A2; :Q49605@A 8B?G H+2?4<912; @A.AA +2?8<592; S ?PB;2; (62 1.@ .?4BA 4<91/?.B; 2 4?QO2? B;1 16082? 1.@ .?4BA 6@A 12@A< D2;642? 0?F9.:61 2;A5P9A 2@ (*1,4 (A2992; (62 /26 $/2?S B;1 *;A2?56AG2 162 )2:=2?.AB? .B3 :.E I B;1 /26 S 26O9B3A .B3 :.
7E-.,70*/9, &B.96APA B;1 B;8A6<; C<; "68?@< M 2< 0C5 34= )>AB P74 AB4;;4= %027 20 $8=CB4= 0C564B0CB4A ;48A27 4=B54@=4= (7,4 309 0175<,22, *# ", #$*(/ %% '% #+,-'! ,, - * #' #'-, ' #'/ #+ 84@<8;27 . .
*# ", O7=274= #$*(/ %% '7 % #+,-'! ,, - * #' #'-, ' #0 *, . R &) * 7 ,-* 1 #'/ #+ R %027 $8=CB4= E4=34= *278414= *84 34= )>AB 0C5 P74 C=3 384 ,=8D4@A0;?50==4 0C5 P74 48= #.05 #
7022,4 62 )./2992;D2?A2 429A2; 3R? 1.@ 6;@0562/2; 6; 12; 8.9A2; .