IJAIR ICV : 6.40
,
IJAIR Impact Factor(UIF) :1.1260
(
Cilck
)
Editorial Board of IJAIR
Editor in Chief
Rtd. Prof. S.B.Nemade
Prof. and Head, Dr.Panjabrao Deshmukh Krishi Vidyapeeth, Akola,Ms.,INDIA.
Advisory Board
Mr. A.K. Chaudhari
Formar Research Fellow RRL, Bhopal,M.P. ,INDIA.
Smt.K.A. Chaudhari
Formar ADO Jabalpur Zone, M.P., INDIA.
Dr. Mohammad Shamim
Scientist,Agricultural Meteorology,PDFSR,Modipuram, Indian Council of Agriculture Science (ICAR),New Delhi,India.
Dr. SOUGATA BARDHAN
Post Doctoral Fellow, University of Missouri, Columbia.
Dr. Vijay K Chaudhari
Prof. and Head, IT Dept., Truba Institute of Engineering & Information Technology,Bhopal,India.
Legal Advisory
Advocate T.S.Nemade
Akola, Ms., INDIA.
Editorial Board
Dr. R.G. DeshmukhRtd. Head, Dr.Panjabrao Deshmukh Krishi Vidyapeeth, Akola,Ms.,INDIA.
Dr.M.N.Nachne
Prof.,Head, Dr.Panjabrao Deshmukh Krishi Vidyapeeth, Akola,Ms.,INDIA.
Dr. Amar Ashok Bhopale
Sr. Research Asst. , Dr.Panjabrao Deshmukh Krishi Vidyapeeth, Akola,Ms.,INDIA.
Dr. Mary Holz-Clause
Vice President for Economic Development,Professor of Extension Education,University of Connecticut,CT 06269
Dr. Alihan Cokkizgin
Assist. Prof.,Gaziantep University,Vocational School of Higher Education in Nurdagi,Turkey.
Dr. Atul Vishnupant Zope
Asst. Prof.,Jr. Research Asst. , Dr.Panjabrao Deshmukh Krishi Vidyapeeth, Akola,Ms.,INDIA.
Dr. Umesh G. Thakre
Krishi Vigyan Kendra Akola, Ms. INDIA.
Dr. Rosa Misso
Prof,Researcher in Economics and Rural Estimate of University of Naples Parthenope – Department of Economics,Aversa (CE) - Italy.
Dr. Amol Anantrao Kulkarni
Assistant Professor,Dr. D. Y. Patil Institute of Pharmaceutical Sciences & Research, Pune,INDIA.
Dr. Elsayed E. Hafez
A.P. of Molecular Biology,Plant Molecular Pathology & Arid Lands Institute Research Area,Alexandria,Egypt.
Dr. Aremu
Ass.Prof,Ladoke Akintola University of Technology, Ogbomoso, Nigeria.
Dr. Alexander Vaninsky
Sc.D., Professor,Hostos Community College, CUNY,USA.
Dr. Vahid Nourani
Visiting Associate Prof.,St. Anthony Falls Lab. and NCED ,Dept. of Civil Eng.,Univ. of Minnesota , USA ; and Associate Prof., Dept. of Water Resources Eng., Faculty of Civil Eng.,Univ of Tabriz,Iran.
Dr. H. R. PATEL
Principal & Professor,Vidyabharti Trust Institute of Technology & Research Centre, Umrakh,Bardoli,Surat,Gujarat,India
Dr. Binod Kumar
Dr. J. Francis Borgio
Assistant Professor,Prince Mohammed Centre for Research & Consultation,KINGDOM OF SAUDI ARABIA.
Dr Pankaj
Sr. Ass. Prof.,Department of Mathematics,Indus International University,Bathu, Distt. Una,H.P.,India.
Dr. Farhad Mirzaei
Member of Department of Animal Production Management, Animal Science Research Institute of Iran
Dr. M. Ali Akbar
Associate Professor, Dept. of Applied Mathematics, University of Rajshahi, Bangladesh.
Dr. Peter Uhnemann
Faculty, Department of Oximology, Daniel-Duesentrieb Institute, Gera, Germany.
DR. Chee-Ming Chan
Senior Lecturer,Universiti Tun Hussein Onn Malaysia.
Prof. Claver P. Bhunu
University of Zimbabwe,Harare,Zimbabwe.
Ass. Prof. Grigorios N. Beligiannis
Department of Business Administration of Food and Agricultural Enterprises,University of Western Greece,Greece.
Dr.Ajay Kumar Jha
State Key Laboratory of Urban Water Resources and Environment,Harbin Institute of Technology,China.
Dr. Moinuddin Sarker
Vice President of R & D, Head of Science Team (VP and CTO),Natural State Research (NSR) Inc.,Stamford, CT,USA.
Dr. Hamad Attitalla
Associate Professor,Omar Al-Mukhtar University,Faculty of Science,Botany Department,Al- Bayda, Libya.
Dr. Riti Thapar Kapoor
Assistant Professor,Amity Institute of Biotechnology,Amity University,Noida,Uttar Pradesh,India.
Dr. Ali R. Bandani
Professor,Dept. of Plant Protection, College of Agriculture and NaturalResources,Iran.
Dr. Ahmad Zuhairi bin Abdullah
Associate Professor / Deputy Dean,School of Chemical Engineering,Universiti Sains Malaysia,Malaysia.
Dr. Ashutosh Srivastava
Coordinator, Amity Institute of Marine Science and Technology and A.P.,Amity Institute of Biotechnology, Amity University U.P.,Noida,India.
Dr. David M. Onyango
Senior Lecturer, Department of Zoology, Maseno,University,Kenya.
Dr. V.E.Nethaji Mariappan
Centre for Remote Sensing and Geoinformatics,Sathyabama University,Sholnganallaur,Chennai,Tamil Nadu,India.
(Dr.) Mohammad Shahid
Scientist (ICAR),Soil Science & Microbiology,Crop Production Division,Central Rice Research Institute,Cuttack,Orissa, India.
Dr.Philippe Sessou
Specialization : Food and Industrial Microbiology,01BP 2009, Cotonou / Benin.
Dr. M. N.Brahmbhatt
Prof. & Head,Dept.of Veterinary Public Health & Epidemiology,College of Veterinary Science & Animal Husbandry, Anand,Agricultural,University, Anand, India.
Dr. Mohamed Zidan Mohamed Salem
Lecturer,Department of Forestry and Wood Technology, Faculty of Agriculture (El–Shatby), Alexandria University, Egypt.
Dr Rajnish Sharma
Asst. Prof.,Dept. of Biotechnology,Dr YS Parmar University of Horticulture & Forestry, Nauni, Solan 173 230 (HP) INDIA.
Dr. Chinchmalatpure Umesh Ramkrishna
Dr. Panjabrao Deshmukh Krishi Vidyapeeth, Akola Maharashtra,India.
Dr. Wanying (Julia) Yao
Faculty,Biosystem and Agriculture Engineering Department, University of Kentucky, Lexington, KY.
Dr. Mihir Kumar Mandal
Postdoctoral Associate, Dept. of Biochemistry, Virginia Polytechnic,Institute and State University, Blacksburg, Virginia.
Dr. Pankaj Kumar Singh
Asst. Prof., Department of Animal Nutrition, Bihar Veterinary College, Patna, India.
Dr. Padmaja Nagabhyru
Research Associate,Department of Plant Pathology,University of Kentucky ,Lexington, KY.
Dr. Shahera zaitoun
Professor,Faculty of Agricultural Technology,Al-Balqa Applied University, Assalt,Jordan.
Dr. Vishwanath, K
Assitant Professor in Dept. of Seed Science and Technology, University of Agricultural Sciences,Zonal Agricultural Research Station, VC,Farm, Mandya, Bangalore, India.
Prof.Noureddine Benkeblia
Mr. BAMISHAIYE Eunice Iyabode
Nigerian Stored Products Research Institute, Kano,Nigeria.
Ebrahim Azarpour
Society of Agronomy, Islamic Azad University of Lahijan, Iran and member of Young Researchers Club, Lahijan Branch, Islamic Azad University, Lahijan, Iran.
Mr. Mohammad Valipour
Researcher at Department of Energy-Environment, Sharif Energy Research Institute (SERI),Iran.
Dr.B.Samuel Masilamoni Ronald
Asst. Prof.,Vaccine Research Centre-Bacterial Vaccines,Centre for Animal Health Studies,Tamilnadu Veterianary and Animal Sciences University,Chennai,India.
Mr. Govinda BHANDARI
Chief, Research and Training,Environment Professionals Training and Research Institute (EPTRI), Pvt. Ltd., Nepal.
Mr.SarangSavalekar
(Pest Management Professional),Director, Paramount Pest Consultants Pvt. Ltd. (India).
Asst.Prof.LALA Iswari Prasad Ray
Researcher,PhD. (Integrated Water Management), IIT Kharagpur,India.
Mr. Som Pal Baliyan
Botswana College of Agriculture, University of Botswana, Gaborone, BOTSWANA (Southern Africa).
Mr.Jiban Shrestha
Volume 3, Issue 2, Sept. 2014
Publications
Effects of Oxalic Acid Dipping and Wax Coating on Pericarp Browning and Storage Life of Fresh Vietnamese Longan Fruit cv. Long
Food Insecurity Levels Among Yam-Based Rural Farming Households in Orhionmwon Local Government Area of Edo State, Nigeria
Essential Oil of Origanum vulgare ssp. vulgare L. and Origanum vulgare ssp. hirtum (Link) Ietswaart from Moldova: Content and Chemical Composition
China Agricultural Mechanization Development Experience for Developing Countries
Evaluation of Different Crop Covers as Improved Short-Term Fallow in the Improvement of Soil Fertility and Weed Control in the Southeastern Nigeria
Agro-Forestry for Revolutionising Agriculture Sector
Does Poultry Industry Manage Sustainable Production of Chicken Meat? An Empirical Study in Malaysia
Evaluation for Distinctness and Variability in Morphological Characters of Some Cassava (Manihot esculenta Crantz) Genotypes
Influence of Rainfall on Soil Water Content in Iraq
Evaluation of Water Deficit Stress on Seedling Growth, Antioxidant Enzyme Activity and Yield of Four Cultivars of Cotton
Indonesian Coffee Competitiveness in the International Market: Review from the Demand Side Investigation on Physiographic Condition of Wild Pistachio Habitats in Zagros Forests, Iran using GIS Effect of Seed Size on Germination and Yield Characters in Fieldpea (Pisum sativum L.)
Parental Diversity in Improved Populations of Oil Palm (Elaeis guineensis Jacq.) After Three Cycle of Reciprocal Recurrent Selection
Effects of Different Levels of Water Deficit Stresses on the Morphologic Properties of Root, Antioxidants Activity and the Seed Yield in Five Cultivars of Soybean (Glycine max L)
Evaluation of Drought Stress on Irrigation Efficiency, Yield and Yield Components in New Maize Hybrids Determining the Age of Olive Trees through Morphometric Methods
Similarity of Feeding Strategies of Two Mugilidae Liza falcipinnis (Linnaeus, 1758) and Mugil cephalus (Linnaeus, 1758) in Ebrié Lagoon (Ivory Coast)
A Study on the Development of Entrepreneurship Skills of Agricultural Applied-Scientific Students in East Azerbaijan Province, Iran
Degradation of Lignocellulosic Substrates by Bacteria Isolated from Waste Landfill
Effects of Socio-Cultural Factors on Effective Agricultural Training Programmes in Zone C of Benue State Agricultural Development Authority (Bnarda)
Prevalency and Risk Factors Associated with Brucellosis in Cattle in the Municipality of São Francisco do Brejão, Maranhão, Brazil
Building Quantitative Indicators for the Evaluating the Sanitary Condition of Cattle Herds
Effect of Extension Activity and Managerial Abilit to Maize Farming Productivity in Malang District of Indonesia Establishment of Highly Efficient Genetic Transformation System of Sugarcane Callus Mediated by Agrobacterium
Laboratory Evaluation of Chlorpyrifos-Ethyl and Fipronil against Ancistrotermes cavithorax (Isoptera: Termitidae) in South Côte d’Ivoire
Effects of Stocking Density on the Fasting Resistance of the African Catfish Heterobranchus longifilis (Valenciennes, 1840) Larvae
Resource use Efficiency of Irrigated Tomato Production in Northern Part of Taraba State, Nigeria Effect of Feeding Various Levels of Feather Meal as a Replacement of Fish Meal on the Growth of Broiler Effects of Tea-Pruned Mulches and Microbial Products on the Accumulation of Organic Matter and Micro Biota in Soils Grown Tea in Phu Ho, Phu Tho Province, Vietnam
Effects of Feeding Broiler Chickens on Diets Contained Semi-Refined or Frying Sunflower Oil on Their Growth Performance and Carcass Traits
Tomato Fruits Regulating Petal Senescence and Affecting Levels of UV-B Absorbing Pigments and Proline in Cut Flowers of Calendula and Two Species of Chrysanthemum
Comprehensive Analysis of Different Particle Sizes of Organic Manure
Performance of Institutional Innovation: The Case of Maize-Related Warrantage in Benin, West Africa Agrobacterium-Mediated Transformation of Indica Rice: A Non-Tissue Culture Approach
First Data on Insects to Forensic Interest in the Region of Gouraya, Algeria Prevention and Control of Newcastle Disease
The Possibility of using Some Medicinal Herbs in the Protection of Stored Potato Tubers against Potato Tuber Worm, Phthorimaea operculella (Zeller)
An Overview of Data Mining Techniques Applied to Agricultural Soil Data
Bioassay of Powdery Plant Extract of Hyptis Suaveolens in the Control of Insect Pest of Cowpea, Callosobruchus maculatus
Evaluation of the Curing Efficiency of the Rocket Barn in Zimbabwe Lead Poisoning and Some Commonly used Spices: An Indian Scenario
Economic Assessment of Organic Manure and Irrigation Intervals on the Growth and Yield of Onion (Allium cepa L.) at Lake Alau and Pelachiroma, Borno State, Nigeria
Effect of Vermicompost and FYM on Pharmacological Activities of Cannabis sativa
Adoption of Modern Aquaculture Technologies by the Fish Farmers in Bogra District of Bangladesh Dairy Dependent Self -Help Groups in Pondicherry: Atool for Economic Empowerment
Genetic Divergence Studies in Lettuce (Lactuca sativa L) Under Protected Conditions in Mid Hills of Himachal Pradesh
Induced Mutagenesis for Study of Genetic Variability in Wheat (Triticum aestivum L.)
Accumulation of Cadmium, Lead, and Mercury in Different Organs of Three Tuna Fish Species from Coastal Zone of Cote d’Ivoire
CDMF=;<HO!"!*@@F=;<HF9G9FJ98
5:.85*:265*36;85*36/082,;3:;8.556<*:2659*5-".9.*8,1
&63;4. 99;. ## 5325.
.08*-*:265 6/ 2056,.33;3692,#;+9:8*:.9 +? *,:.82*
963*:.- /864'*9:.*5-/233
;-2:*
$56CF5HCFMC:B=A5@&IHF=H=CB 57I@HMC:B=A5@ IG65B8FM -85M5B5-B=J9FG=HM9BD5G5F 5@=!B8CB9G=5 AI8=H5:5D9H4IBI8M5<CC7CA (' '28*=*5
$56CF5HCFMC:(@5BH,FCD=75@ 57I@HMC:B=A5@ IG65B8FM -85M5B5-B=J9FG=HM9BD5G5F 5@=!B8CB9G=5!!'2+*=*
$56CF5HCFMC:=C7<9A=GHFM 57I@HMC:B=A5@ IG65B8FM -85M5B5-B=J9FG=HM9BD5G5F 5@=!B8CB9G=5!*8:*4*
$56CF5HCFMC:(@5BH,FCD=75@ 57I@HMC:B=A5@ IG65B8FM -85M5B5-B=J9FG=HM9BD5G5F 5@=!B8CB9G=5A 8.9.*8,1 1*9 +..5 ,*882.- 6;: :6 .<*3;*:250 76:.5,? 6/ +*,:.82* 2963*:.- /864 =*9:. 6/ 0.5.8*3 8;++291 73*,.3*5-/233*932056,.33;3692,9;+9:8*:.9-.08*-.8*,:.82* =.8.2963*:.-+?;50*:.9.3.,:2<.4.-2*;9250,64+25*:265 6/ :*552, *,2- 320525 >?3*5 *5- *8+6>? .:1?3 .33;369. ,.33;369. *9 9.3.,:2<. 9;+9:8*:.9 $1. 76:.5,? 6/ 32056,.33;363?:2, =*9 2-.5:2/2.- +*9.- 65 -.08*-*:2656/32056,.33;3692,9;+9:8*:.9 4.*9;8.4.5:;9250 ,3.*8-2//;9265@65.=2-.*5-32056,.33;3*9..5@?4.*,:2<2:? $129 9:;-? 916=.- :1*: 32056,.33;363?:2, +*,:.82* 2963*:.-/864=*9:.3*5-/233786-;,.,3.*8-2//;9265@65.=2-. A ,4 A ,4 A ,4 *5- A ,4 8.97.,:2<.3?/6832056,.33;369.320525,.33;369.*5->?3*5 9;+9:8*:.9 =123. 2963*:.9 ,6-.- ' 786-;,.-1201.9:,3.*8-2//;9265@65.=2-.6532056,.33;369.320525 *5->?3*5 9;+9:8*:.9 .<.5 :16;01 65 ,.33;369. 9;+9:8*:.9 +*,:.82* 2963*:.9 ,6-.- ' 1201.9: ,3.*8 @65. =2-. .*5=123./6832056,.33;3*9..5@?4*,:2<2:?+*,:.82*2963*:.9 ,6-.- ' *5-'1*91201.9:.5@?4.*,:2<2:?*: :*552, *,2- *5- >?3*5 9;+9:8*:.9 : =*9 ,65,3;-.-:1*: +*,:.82* 2963*:.9 ,6-.- ' *5- ' =.8. 76:.5:2*3*932056,.33;3692,9;+9:8*:.9-.08*-.8
A '*9:. *5-/233 3.*8 )65. '2-. 5@?4. ,:2<2:? 2056,.33;3692,#;+9:8*:.9
$" %$
,<9 89J9@CDA9BHC::998=B;GMGH9A65G98CBH<9@C75@ F9GCIF79G GI7< 5G 5;F=7I@HIF5@ K5GH9 =G H<9 D=@@5FG GIDDCFH=B;H<989J9@CDA9BHC:GIGH5=B56@95B87CAD9H=H=J9 5B=A5@DFC8I7H=CBGMGH9AG9GD97=5@@M FIA=B5BHGD97=9G=B !B8CB9G=5B 23-H=@=N5H=CB C: 5;F=7I@HIF5@ K5GH9 5G :998 K=@@ F98I79 H<9 9A=GG=CB C: DC@@IH5BHG =B H<9 5=F 23@H<CI;< H<9 IG9 C: @C75@ F9GCIF79G K5GH9 5G :98 K=H<CIH H<9 5DD@=75H=CB C: DFC79GG=B; H97<BC@C;M K=@@ 897F95G9 H<9 DFC8I7H=J=HM C: @=J9GHC7? 5B8 =B7F95G9 DC@@IH5BH 9A=GG=CBG 8I9 HC <=;< 7FI89 :=69F 7CBH9BH =B D5FH=7I@5F @=;BC79@@I@CG9 7CADCIB8G 5B8 J9FM 8=::=7I@H HC 69IH=@=N986M5B=A5@G 232323
%CGH 5;F=7I@HIF5@ K5GH9 C: 7FCD D@5BHG 5F9 F=7< =B @=;BC79@@I@CG=7 GI6GHF5H9G 232323 9@@I@CG9 5 @CB; 7<5=BDC@=G57<5F=89A589C: P@=B?98;@I7CG9IB=HG=G H<9DF=B7=D5@7CBGH=HI9BHC:@=;BC79@@I@CG9GGGC7=5H=CBC: 79@@I@CG9K=H<@=;B=B5BCH<9F7CAD@9LDC@=A9F=7AC@97I@9 7CADCG98 C: D<9B=@DFCD5BC=8 IB=HG :CFA H<9 @=;BC79@@I@CG9G 9A=79@@I@CG9 =G H<9 CH<9F A5>CF 7CADCB9BHC:@=;BC79@@I@CG9!H=G5<9H9FC;9B9IG;FCIDC: @CB; 7<5=B DC@MG577<5F=89G C: K<=7< 65G=7 IB=H 5F9 5F56=BCG9LM@CG9A5BBCG9CF;5@57HCG9 23 9;F585H=CB
@=;BC79@@I@CG9G A5H9F=5@ =G 5 G@CK DFC79GG 5B8 CB@M F9@@5H=J9 B5FFCK H5LCBCA=7 F5B;9 C: 657H9F=5 =G 56@9 89;F589 GI7< A5H9F=5@ ,<9 56=@=HM C: A=7FCCF;5B=GAG HC 89;F589 @=;BC79@@I@C@MH=7 A5H9F=5@ =G C: 7CBG=89F56@9 =BH9F9GH 6CH< =B H9FAG C: A=7FC6=5@ 97C@C;M 5B8 6=CH97<BC@C;M
9;F585H=CB C: @=;BC79@@I@CG=7 GI6GHF5H9G F9EI=F9G H<9 7CCD9F5H=J9 57H=CB C: :5A=@M C: @=;BC79@@I@C@MH=7 9BNMA9 H<5H <5J9 699B 7@5GG=:=98 =BHC H<F99 7CAD@9L 9BNMA9 ;FCIDG=9@=;BC@MH=79BNMA9@=;B5G979@@I@C@MH=79BN=A 79@@I@5G9 5B8 <9A=79@@I@C@MH=7 9BNMA9 <9A=79@@I@5G9 $=;BC79@@I@5G9 7CAD@9L 9BNMA9 75B DFC8I79 6M 79FH5=B A=7FC69GI7<5G@=;BC79@@I@C@MH=7657H9F=5 +CH<99::CFHHC 89J9@CD @=;BC79@@I@C@MH=7 657H9F=5 =G J9FM =ADCFH5BH =B CDH=A=N=B; IH=@=HM 5;F=7I@HIF5@ K5GH9 5G :998GHI::G ,<9 K5GH9 C: ;9B9F5@ FI66=G< D@579 =G CB9 GCIF79 C: @=;BC79@@I@CG9G89;F58=B;657H9F=5=GC@5H9G
,<9 K5GH9 C: ;9B9F5@ FI66=G< D@579 @5B8:=@@ 7CBH5=BGA5BM :=69F 89;F58=B; A=7FC69G 657H9F=5 5B8 :IB;= GI7< 5G @=;BC@MH=7 79@@I@C@MH=7 <9A=79@@I@C@MH=? 5AM@C@MH=7 5B8 DFCH9C@MH=7 5B8 J5F=CIG CH<9F A=7FC69G K<=7<<=;<9BNMA957H=J=H=9G 23 (5H<A55B8+5?H<=J9@ GH5H98 H<5H 657H9F=5 =GC@5H9G =B CF;5B=7 A5BIF9 GC <5G 56=@=HM C: CF;5B=7 A5H9F=5@ 5BH=BIHF=H=CB5@ GI6GHF5H9G 5B8 GC :IB7H=CB 5G 5G98 CB H<9 DCH9BH=5@C:@=;BC79@@I@CG=7GI6GHF5H9G89;F585H=CB657H9F=5 =GC@5H98 :FCA H<9 8=FH C: ;9B9F5@ FI66=G< D@579 A589 HC 9LD@CF9 =HG DCH9BH=5@ 5G 5 GCIF79 C: =BC7I@IA 5;FCK5GH9 89;F589F CB 89J9@CDA9BH C: 7CAD9H=H=J9 5B8 GIGH5=B56@9 @=J9GHC7?
$"#
$ #
,<9K5GH9C:;9B9F5@FI66=G<D@579@5B8:=@@G5AD@9H5?9B :FCAH<9+IKIB;9B9F5@*I66=G<(@579=B9BD5G5F5@= (FCJ9B79!B8CB9G=5B CIBHFM ,<9 K5GH9 G5AD@9G K9F9 IG985G5GCIF79C:=GC@5H9GH5?9B:FCA5D=@9C:;5F65;9 H<5H =G ;C=B; H<FCI;< H<9 DFC79GG C: 897CADCG=H=CB ,<9 G5AD@9 K5G 6FCI;<H HC H<9 @56CF5HCFM =B GHF=7H 5B59FC6=7 7CB8=H=CB:CF:IFH<9FDFC79GG=B;=@IH=CBG5AD@9=BG9F=9G IBH=@ :C=88=@IH=CBK=H<8=@IH=CBA98=IA:CFAI@5&C
FM5BH5B8IF?9M 23
57H9F=5:FCAG5AD@9GK9F9;FCKB=BG9@97H=J9GC@=8 A98=5 6M IB;5H9 A9H<C8 23 7CIBH5=B=B; ; # (';# (';%;+';5@
CDMF=;<HO!"!*@@F=;<HF9G9FJ98
5:.85*:265*36;85*36/082,;3:;8.556<*:2659*5-".9.*8,1
&63;4. 99;. ## 5325.
.08*-*:265 6/ 2056,.33;3692,#;+9:8*:.9 +? *,:.82*
963*:.- /864'*9:.*5-/233
;-2:*
$56CF5HCFMC:B=A5@&IHF=H=CB 57I@HMC:B=A5@ IG65B8FM -85M5B5-B=J9FG=HM9BD5G5F 5@=!B8CB9G=5 AI8=H5:5D9H4IBI8M5<CC7CA (' '28*=*5
$56CF5HCFMC:(@5BH,FCD=75@ 57I@HMC:B=A5@ IG65B8FM -85M5B5-B=J9FG=HM9BD5G5F 5@=!B8CB9G=5!!'2+*=*
$56CF5HCFMC:=C7<9A=GHFM 57I@HMC:B=A5@ IG65B8FM -85M5B5-B=J9FG=HM9BD5G5F 5@=!B8CB9G=5!*8:*4*
$56CF5HCFMC:(@5BH,FCD=75@ 57I@HMC:B=A5@ IG65B8FM -85M5B5-B=J9FG=HM9BD5G5F 5@=!B8CB9G=5A 8.9.*8,1 1*9 +..5 ,*882.- 6;: :6 .<*3;*:250 76:.5,? 6/ +*,:.82* 2963*:.- /864 =*9:. 6/ 0.5.8*3 8;++291 73*,.3*5-/233*932056,.33;3692,9;+9:8*:.9-.08*-.8*,:.82* =.8.2963*:.-+?;50*:.9.3.,:2<.4.-2*;9250,64+25*:265 6/ :*552, *,2- 320525 >?3*5 *5- *8+6>? .:1?3 .33;369. ,.33;369. *9 9.3.,:2<. 9;+9:8*:.9 $1. 76:.5,? 6/ 32056,.33;363?:2, =*9 2-.5:2/2.- +*9.- 65 -.08*-*:2656/32056,.33;3692,9;+9:8*:.9 4.*9;8.4.5:;9250 ,3.*8-2//;9265@65.=2-.*5-32056,.33;3*9..5@?4.*,:2<2:? $129 9:;-? 916=.- :1*: 32056,.33;363?:2, +*,:.82* 2963*:.-/864=*9:.3*5-/233786-;,.,3.*8-2//;9265@65.=2-. A ,4 A ,4 A ,4*5- A ,4 8.97.,:2<.3?/6832056,.33;369.320525,.33;369.*5->?3*5 9;+9:8*:.9 =123. 2963*:.9 ,6-.- ' 786-;,.-1201.9:,3.*8-2//;9265@65.=2-.6532056,.33;369.320525 *5->?3*5 9;+9:8*:.9 .<.5 :16;01 65 ,.33;369. 9;+9:8*:.9 +*,:.82* 2963*:.9 ,6-.- ' 1201.9: ,3.*8 @65. =2-. .*5=123./6832056,.33;3*9..5@?4*,:2<2:?+*,:.82*2963*:.9 ,6-.- ' *5-'1*91201.9:.5@?4.*,:2<2:?*: :*552, *,2- *5- >?3*5 9;+9:8*:.9 : =*9 ,65,3;-.-:1*: +*,:.82* 2963*:.9 ,6-.- ' *5- ' =.8. 76:.5:2*3*932056,.33;3692,9;+9:8*:.9-.08*-.8
A '*9:. *5-/233 3.*8 )65. '2-. 5@?4. ,:2<2:? 2056,.33;3692,#;+9:8*:.9
$" %$
,<9 89J9@CDA9BHC::998=B;GMGH9A65G98CBH<9@C75@ F9GCIF79G GI7< 5G 5;F=7I@HIF5@ K5GH9 =G H<9 D=@@5FG GIDDCFH=B;H<989J9@CDA9BHC:GIGH5=B56@95B87CAD9H=H=J9 5B=A5@DFC8I7H=CBGMGH9AG9GD97=5@@M FIA=B5BHGD97=9G=B !B8CB9G=5B 23-H=@=N5H=CB C: 5;F=7I@HIF5@ K5GH9 5G :998 K=@@ F98I79 H<9 9A=GG=CB C: DC@@IH5BHG =B H<9 5=F 23@H<CI;< H<9 IG9 C: @C75@ F9GCIF79G K5GH9 5G :98 K=H<CIH H<9 5DD@=75H=CB C: DFC79GG=B; H97<BC@C;M K=@@ 897F95G9 H<9 DFC8I7H=J=HM C: @=J9GHC7? 5B8 =B7F95G9 DC@@IH5BH 9A=GG=CBG 8I9 HC <=;< 7FI89 :=69F 7CBH9BH =B D5FH=7I@5F @=;BC79@@I@CG9 7CADCIB8G 5B8 J9FM 8=::=7I@H HC 69IH=@=N986M5B=A5@G 232323
%CGH 5;F=7I@HIF5@ K5GH9 C: 7FCD D@5BHG 5F9 F=7< =B @=;BC79@@I@CG=7 GI6GHF5H9G 232323 9@@I@CG9 5 @CB; 7<5=BDC@=G57<5F=89A589C: P@=B?98;@I7CG9IB=HG=G H<9DF=B7=D5@7CBGH=HI9BHC:@=;BC79@@I@CG9GGGC7=5H=CBC: 79@@I@CG9K=H<@=;B=B5BCH<9F7CAD@9LDC@=A9F=7AC@97I@9 7CADCG98 C: D<9B=@DFCD5BC=8 IB=HG :CFA H<9 @=;BC79@@I@CG9G 9A=79@@I@CG9 =G H<9 CH<9F A5>CF 7CADCB9BHC:@=;BC79@@I@CG9!H=G5<9H9FC;9B9IG;FCIDC: @CB; 7<5=B DC@MG577<5F=89G C: K<=7< 65G=7 IB=H 5F9 5F56=BCG9LM@CG9A5BBCG9CF;5@57HCG9 23 9;F585H=CB
@=;BC79@@I@CG9G A5H9F=5@ =G 5 G@CK DFC79GG 5B8 CB@M F9@@5H=J9 B5FFCK H5LCBCA=7 F5B;9 C: 657H9F=5 =G 56@9 89;F589 GI7< A5H9F=5@ ,<9 56=@=HM C: A=7FCCF;5B=GAG HC 89;F589 @=;BC79@@I@C@MH=7 A5H9F=5@ =G C: 7CBG=89F56@9 =BH9F9GH 6CH< =B H9FAG C: A=7FC6=5@ 97C@C;M 5B8 6=CH97<BC@C;M
9;F585H=CB C: @=;BC79@@I@CG=7 GI6GHF5H9G F9EI=F9G H<9 7CCD9F5H=J9 57H=CB C: :5A=@M C: @=;BC79@@I@C@MH=7 9BNMA9 H<5H <5J9 699B 7@5GG=:=98 =BHC H<F99 7CAD@9L 9BNMA9 ;FCIDG=9@=;BC@MH=79BNMA9@=;B5G979@@I@C@MH=79BN=A 79@@I@5G9 5B8 <9A=79@@I@C@MH=7 9BNMA9 <9A=79@@I@5G9 $=;BC79@@I@5G9 7CAD@9L 9BNMA9 75B DFC8I79 6M 79FH5=B A=7FC69GI7<5G@=;BC79@@I@C@MH=7657H9F=5 +CH<99::CFHHC 89J9@CD @=;BC79@@I@C@MH=7 657H9F=5 =G J9FM =ADCFH5BH =B CDH=A=N=B; IH=@=HM 5;F=7I@HIF5@ K5GH9 5G :998GHI::G ,<9 K5GH9 C: ;9B9F5@ FI66=G< D@579 =G CB9 GCIF79 C: @=;BC79@@I@CG9G89;F58=B;657H9F=5=GC@5H9G
,<9 K5GH9 C: ;9B9F5@ FI66=G< D@579 @5B8:=@@ 7CBH5=BGA5BM :=69F 89;F58=B; A=7FC69G 657H9F=5 5B8 :IB;= GI7< 5G @=;BC@MH=7 79@@I@C@MH=7 <9A=79@@I@C@MH=? 5AM@C@MH=7 5B8 DFCH9C@MH=7 5B8 J5F=CIG CH<9F A=7FC69G K<=7<<=;<9BNMA957H=J=H=9G 23 (5H<A55B8+5?H<=J9@ GH5H98 H<5H 657H9F=5 =GC@5H9G =B CF;5B=7 A5BIF9 GC <5G 56=@=HM C: CF;5B=7 A5H9F=5@ 5BH=BIHF=H=CB5@ GI6GHF5H9G 5B8 GC :IB7H=CB 5G 5G98 CB H<9 DCH9BH=5@C:@=;BC79@@I@CG=7GI6GHF5H9G89;F585H=CB657H9F=5 =GC@5H98 :FCA H<9 8=FH C: ;9B9F5@ FI66=G< D@579 A589 HC 9LD@CF9 =HG DCH9BH=5@ 5G 5 GCIF79 C: =BC7I@IA 5;FCK5GH9 89;F589F CB 89J9@CDA9BH C: 7CAD9H=H=J9 5B8 GIGH5=B56@9 @=J9GHC7?
$"#
$ #
,<9K5GH9C:;9B9F5@FI66=G<D@579@5B8:=@@G5AD@9H5?9B :FCAH<9+IKIB;9B9F5@*I66=G<(@579=B9BD5G5F5@= (FCJ9B79!B8CB9G=5B CIBHFM ,<9 K5GH9 G5AD@9G K9F9 IG985G5GCIF79C:=GC@5H9GH5?9B:FCA5D=@9C:;5F65;9 H<5H =G ;C=B; H<FCI;< H<9 DFC79GG C: 897CADCG=H=CB ,<9 G5AD@9 K5G 6FCI;<H HC H<9 @56CF5HCFM =B GHF=7H 5B59FC6=7 7CB8=H=CB:CF:IFH<9FDFC79GG=B;=@IH=CBG5AD@9=BG9F=9G IBH=@ :C=88=@IH=CBK=H<8=@IH=CBA98=IA:CFAI@5&C
FM5BH5B8IF?9M 23
57H9F=5:FCAG5AD@9GK9F9;FCKB=BG9@97H=J9GC@=8 A98=5 6M IB;5H9 A9H<C8 23 7CIBH5=B=B; ; # (';# (';%;+';5@
CDMF=;<HO!"!*@@F=;<HF9G9FJ98
5:.85*:265*36;85*36/082,;3:;8.556<*:2659*5-".9.*8,1
&63;4. 99;. ## 5325.
.08*-*:265 6/ 2056,.33;3692,#;+9:8*:.9 +? *,:.82*
963*:.- /864'*9:.*5-/233
;-2:*
$56CF5HCFMC:B=A5@&IHF=H=CB 57I@HMC:B=A5@ IG65B8FM -85M5B5-B=J9FG=HM9BD5G5F 5@=!B8CB9G=5 AI8=H5:5D9H4IBI8M5<CC7CA (' '28*=*5
$56CF5HCFMC:(@5BH,FCD=75@ 57I@HMC:B=A5@ IG65B8FM -85M5B5-B=J9FG=HM9BD5G5F 5@=!B8CB9G=5!!'2+*=*
$56CF5HCFMC:=C7<9A=GHFM 57I@HMC:B=A5@ IG65B8FM -85M5B5-B=J9FG=HM9BD5G5F 5@=!B8CB9G=5!*8:*4*
$56CF5HCFMC:(@5BH,FCD=75@ 57I@HMC:B=A5@ IG65B8FM -85M5B5-B=J9FG=HM9BD5G5F 5@=!B8CB9G=5A 8.9.*8,1 1*9 +..5 ,*882.- 6;: :6 .<*3;*:250 76:.5,? 6/ +*,:.82* 2963*:.- /864 =*9:. 6/ 0.5.8*3 8;++291 73*,.3*5-/233*932056,.33;3692,9;+9:8*:.9-.08*-.8*,:.82* =.8.2963*:.-+?;50*:.9.3.,:2<.4.-2*;9250,64+25*:265 6/ :*552, *,2- 320525 >?3*5 *5- *8+6>? .:1?3 .33;369. ,.33;369. *9 9.3.,:2<. 9;+9:8*:.9 $1. 76:.5,? 6/ 32056,.33;363?:2, =*9 2-.5:2/2.- +*9.- 65 -.08*-*:2656/32056,.33;3692,9;+9:8*:.9 4.*9;8.4.5:;9250 ,3.*8-2//;9265@65.=2-.*5-32056,.33;3*9..5@?4.*,:2<2:? $129 9:;-? 916=.- :1*: 32056,.33;363?:2, +*,:.82* 2963*:.-/864=*9:.3*5-/233786-;,.,3.*8-2//;9265@65.=2-. A ,4 A ,4 A ,4*5- A ,4 8.97.,:2<.3?/6832056,.33;369.320525,.33;369.*5->?3*5 9;+9:8*:.9 =123. 2963*:.9 ,6-.- ' 786-;,.-1201.9:,3.*8-2//;9265@65.=2-.6532056,.33;369.320525 *5->?3*5 9;+9:8*:.9 .<.5 :16;01 65 ,.33;369. 9;+9:8*:.9 +*,:.82* 2963*:.9 ,6-.- ' 1201.9: ,3.*8 @65. =2-. .*5=123./6832056,.33;3*9..5@?4*,:2<2:?+*,:.82*2963*:.9 ,6-.- ' *5-'1*91201.9:.5@?4.*,:2<2:?*: :*552, *,2- *5- >?3*5 9;+9:8*:.9 : =*9 ,65,3;-.-:1*: +*,:.82* 2963*:.9 ,6-.- ' *5- ' =.8. 76:.5:2*3*932056,.33;3692,9;+9:8*:.9-.08*-.8
A '*9:. *5-/233 3.*8 )65. '2-. 5@?4. ,:2<2:? 2056,.33;3692,#;+9:8*:.9
$" %$
,<9 89J9@CDA9BHC::998=B;GMGH9A65G98CBH<9@C75@ F9GCIF79G GI7< 5G 5;F=7I@HIF5@ K5GH9 =G H<9 D=@@5FG GIDDCFH=B;H<989J9@CDA9BHC:GIGH5=B56@95B87CAD9H=H=J9 5B=A5@DFC8I7H=CBGMGH9AG9GD97=5@@M FIA=B5BHGD97=9G=B !B8CB9G=5B 23-H=@=N5H=CB C: 5;F=7I@HIF5@ K5GH9 5G :998 K=@@ F98I79 H<9 9A=GG=CB C: DC@@IH5BHG =B H<9 5=F 23@H<CI;< H<9 IG9 C: @C75@ F9GCIF79G K5GH9 5G :98 K=H<CIH H<9 5DD@=75H=CB C: DFC79GG=B; H97<BC@C;M K=@@ 897F95G9 H<9 DFC8I7H=J=HM C: @=J9GHC7? 5B8 =B7F95G9 DC@@IH5BH 9A=GG=CBG 8I9 HC <=;< 7FI89 :=69F 7CBH9BH =B D5FH=7I@5F @=;BC79@@I@CG9 7CADCIB8G 5B8 J9FM 8=::=7I@H HC 69IH=@=N986M5B=A5@G 232323
%CGH 5;F=7I@HIF5@ K5GH9 C: 7FCD D@5BHG 5F9 F=7< =B @=;BC79@@I@CG=7 GI6GHF5H9G 232323 9@@I@CG9 5 @CB; 7<5=BDC@=G57<5F=89A589C: P@=B?98;@I7CG9IB=HG=G H<9DF=B7=D5@7CBGH=HI9BHC:@=;BC79@@I@CG9GGGC7=5H=CBC: 79@@I@CG9K=H<@=;B=B5BCH<9F7CAD@9LDC@=A9F=7AC@97I@9 7CADCG98 C: D<9B=@DFCD5BC=8 IB=HG :CFA H<9 @=;BC79@@I@CG9G 9A=79@@I@CG9 =G H<9 CH<9F A5>CF 7CADCB9BHC:@=;BC79@@I@CG9!H=G5<9H9FC;9B9IG;FCIDC: @CB; 7<5=B DC@MG577<5F=89G C: K<=7< 65G=7 IB=H 5F9 5F56=BCG9LM@CG9A5BBCG9CF;5@57HCG9 23 9;F585H=CB
@=;BC79@@I@CG9G A5H9F=5@ =G 5 G@CK DFC79GG 5B8 CB@M F9@@5H=J9 B5FFCK H5LCBCA=7 F5B;9 C: 657H9F=5 =G 56@9 89;F589 GI7< A5H9F=5@ ,<9 56=@=HM C: A=7FCCF;5B=GAG HC 89;F589 @=;BC79@@I@C@MH=7 A5H9F=5@ =G C: 7CBG=89F56@9 =BH9F9GH 6CH< =B H9FAG C: A=7FC6=5@ 97C@C;M 5B8 6=CH97<BC@C;M
9;F585H=CB C: @=;BC79@@I@CG=7 GI6GHF5H9G F9EI=F9G H<9 7CCD9F5H=J9 57H=CB C: :5A=@M C: @=;BC79@@I@C@MH=7 9BNMA9 H<5H <5J9 699B 7@5GG=:=98 =BHC H<F99 7CAD@9L 9BNMA9 ;FCIDG=9@=;BC@MH=79BNMA9@=;B5G979@@I@C@MH=79BN=A 79@@I@5G9 5B8 <9A=79@@I@C@MH=7 9BNMA9 <9A=79@@I@5G9 $=;BC79@@I@5G9 7CAD@9L 9BNMA9 75B DFC8I79 6M 79FH5=B A=7FC69GI7<5G@=;BC79@@I@C@MH=7657H9F=5 +CH<99::CFHHC 89J9@CD @=;BC79@@I@C@MH=7 657H9F=5 =G J9FM =ADCFH5BH =B CDH=A=N=B; IH=@=HM 5;F=7I@HIF5@ K5GH9 5G :998GHI::G ,<9 K5GH9 C: ;9B9F5@ FI66=G< D@579 =G CB9 GCIF79 C: @=;BC79@@I@CG9G89;F58=B;657H9F=5=GC@5H9G
,<9 K5GH9 C: ;9B9F5@ FI66=G< D@579 @5B8:=@@ 7CBH5=BGA5BM :=69F 89;F58=B; A=7FC69G 657H9F=5 5B8 :IB;= GI7< 5G @=;BC@MH=7 79@@I@C@MH=7 <9A=79@@I@C@MH=? 5AM@C@MH=7 5B8 DFCH9C@MH=7 5B8 J5F=CIG CH<9F A=7FC69G K<=7<<=;<9BNMA957H=J=H=9G 23 (5H<A55B8+5?H<=J9@ GH5H98 H<5H 657H9F=5 =GC@5H9G =B CF;5B=7 A5BIF9 GC <5G 56=@=HM C: CF;5B=7 A5H9F=5@ 5BH=BIHF=H=CB5@ GI6GHF5H9G 5B8 GC :IB7H=CB 5G 5G98 CB H<9 DCH9BH=5@C:@=;BC79@@I@CG=7GI6GHF5H9G89;F585H=CB657H9F=5 =GC@5H98 :FCA H<9 8=FH C: ;9B9F5@ FI66=G< D@579 A589 HC 9LD@CF9 =HG DCH9BH=5@ 5G 5 GCIF79 C: =BC7I@IA 5;FCK5GH9 89;F589F CB 89J9@CDA9BH C: 7CAD9H=H=J9 5B8 GIGH5=B56@9 @=J9GHC7?
$"#
$ #
,<9K5GH9C:;9B9F5@FI66=G<D@579@5B8:=@@G5AD@9H5?9B :FCAH<9+IKIB;9B9F5@*I66=G<(@579=B9BD5G5F5@= (FCJ9B79!B8CB9G=5B CIBHFM ,<9 K5GH9 G5AD@9G K9F9 IG985G5GCIF79C:=GC@5H9GH5?9B:FCA5D=@9C:;5F65;9 H<5H =G ;C=B; H<FCI;< H<9 DFC79GG C: 897CADCG=H=CB ,<9 G5AD@9 K5G 6FCI;<H HC H<9 @56CF5HCFM =B GHF=7H 5B59FC6=7 7CB8=H=CB:CF:IFH<9FDFC79GG=B;=@IH=CBG5AD@9=BG9F=9G IBH=@ :C=88=@IH=CBK=H<8=@IH=CBA98=IA:CFAI@5&C
FM5BH5B8IF?9M 23
CDMF=;<HO!"!*@@F=;<HF9G9FJ98
5:.85*:265*36;85*36/082,;3:;8.556<*:2659*5-".9.*8,1
&63;4. 99;. ## 5325.
; &5@ ; & +' A@ *9N5GIF=B GC@IH=CB;MGH9=B @ ';&5'
A@FIA9B@=EI=8;GI6GHF5H9A@EI589GH5B8 ;5F+9@97H=J9GI6GHF5H9IG98K9F9H5BB=757=85G @=;B=BGCIF79LM@5B5B85F6CLM%9H<M@9@@I@CG9 % 5G 79@@I@CG9 GCIF79 @@ =B;F98=9BHG K9F9 A=L98 =B F@9BA9M9F9L79DHGI6GHF5H9H<5HK9F9GH9F=@=N986MA@ 5EI589GH=BHI69D K5G89H9FA=B985B8<95H98IBH=@ 5@@ =B;F98=9BHG 8=GGC@J98 ,<9 :@5G? H<9B HF5BG:9FF98 5G9DH=75@@M K=H< CLM;9B:F99 ' ;5G 8=GD@57=B; 5@@ 5=F
IBH=@ F98 7C@CF :5898 7@CG98 K=H< FI669F GHCDD9F G95@98 H<9B GH9F=@=N98 =B H<9 5IHC7@5J9 5H C :CF
A=BIH9G ,<9 A98=IA =B H<9 9B@9BA9M9F HF5BG:9FF98 5G9DH=75@@M HC 5 GH9F=@9 HI69 K=H< CLM;9B :F99 ' ;5G
8=GD@57=B; 5@@ 5=F ,<9B 8=@IH=CB 7C@CB :@I=8 =BC7I@5H98A =BHC H<9 HI69 5B8 7@CG98 K=H< GH9F=@9 7CHHCB ,<9 7I@HIF9 H<9 =B7I65H98 =B C 8IF=B; S 85MG ,<9
7C@CB=9G;FCK=B;K9F9G9@97H98
FCA H<9G9 =BC7I@5H98 HI69 7CBH5=B=B; H<9 G9@97H=CB A98=IA H<9 =B8=J=8I5@ 7C@CB=9G C: @=;BC79@@I@C@MH=7 657H9F=5 DF=7?9857H9F=5=GC@5H9G75F9:I@@MDF=7?98IG=B; 69BH D@5H=BIA=FF=8=IA B998@9 ,<9 657H9F=5 H<9B HF5BG:9FF98HCD@5H95;5FA98=IA5B59FC6=75@@MK=H<;5GG9G CLM;9B:F99',<9D@5H9=B7I65H985HC8IF=B; S
85MG,<9657H9F=57C@CB=9G<5GDFC8I79 7@95FCF8=::IG=CB NCB9K9F97<CG9B :CF:IF=:=986MF9D95H98GHF95?=B;
!
,<9 56=@=HM C: @=;BC79@@I@CG=7 GI6GHF5H9G 89;F585H=CB =G 89H9FA=B98 :FCA 7@95F CF 8=::IG=CB NCB9 :CFA98 6M 657H9F=5=GC@5H9GH9GH98 23 ,<9GI6GHF5H9IG98%:CF 79@@I@CG9 LM@5B :CF <9A=79@@I@CG9 H5BB=7 57=8 HC @=;B=B 5B87CA6=B5H=CBC:% 0M@5BH5BB=7 57=8:CF@=;BC79@@I@CG9GI6GHF5H9 57<DIF9657H9F=5=GC@5H9 R@ K5G =BC7I@5H98 6M GDCH A9H<C8 IG=B; D5D9F 8=G7 6@5B? 7A K9F9 D@5798 CB G9@97H=J9 A98=IA GC@=8 ;FCKH< A98=IA 7CBH5=B=B; GI6GHF5H9 H9GH23 =::IG=CB 5B8 7@95F NCB9 K=89 K9F9 A95GIF98 5:H9F <CIFGC:5B59FC6=7=B7I65H=CB
"!!
BNMA9 9LHF57H K5G 7C@@97H98 :FCA 79BHF=:I;98 @=EI=8 A98=5 7I@HIF9 =B L ; :CF A=BIH9G =B C
77CF8=B; HC H<9 GI6GHF5H9 9LHF57HG K9F9 H9GH98 =B H<F99 ?=B8G C: GI6GHF5H9G H<5H 7CBH5=B98 % DCK89F LM@5B ,5BB=77=85GGCIF79C:@=;B=B=BA% 579H5H96I::9F5B8D 57<GI6GHF5H9@=EI=8=B6I::9F K5G H5?9B A@ 58898 A@ 9BNMA9G GCIF79 5B8 A@ 5EI589GH,<9A=LHIF9H<9BK9F9G<5?9B6MG<5?=B;65H< 9BNMA9 57H=J=HM K5G A95GIF98 =B A=BIH9G <CIF <CIFG5B8<CIF*98I7H=CBGI;5F;@I7CG9 :FCA% LM@CG9:FCALM@5BCFJ5B=@@=B:FCAH5BB=757=8@=;B=B DFC8I798:FCAH<9F957H=CBK9F9H<99BNMA957H=J=H=9G 23 CFGI;5FF98I7H=CBA@C:G5AD@9K5G58898HC A@&+F95;9BH5B8A@5EI589GH 23 :CFJ5B=@@=BA@ C:G5AD@9K5G58898HCA@A9H<5BC@H<9BA95GIF98H<9 56GCF69BH6MGD97HFCD<CHCA9H9F=BQBA:CF;@I7CG9 BA :CF L=@CG5 5B8 BA :CF J5B=@@=B BNMA @=;B5G9 79@@I@CG9 5B8 LM@5B5G9 DFC8I7H=CB K5G 9GH=A5H98 6M IG=B; J5B=@@=B ;@I7CG9 LM@CG9 75@=6F5H=CB 7IFJ9 23 23 'B9 IB=H - C: 9BNMA9 57H=J=HM K5G
89WB98 5G RAC@ C: J5B=@@=B ;@I7CG9 LM@CG9 9EI=J5@9BH F9@95G98 D9F A=BIH9 IB89F GH5B85F8 5GG5M 7CB8=H=CB 23 23
"
#%$##%##
!
,<9 F9GI@HG G<CK98 @=;BC79@@I@C@MH=7 657H9F=5 =GC@5H9G :FCA@5B8:=@@K5GH975D56@9C:;9B9F5H=B;6FC587@95FNCB9 CB @=;BC79@@I@CG=7 GI6GHF5H9G :FCA 7A
K<=7<=GC@5H9G7C898/$DFC8I79<=;<9GH7@95FNCB9 K=89 ( 5B8 =GC@5H9G / $ DFC8I79 @CK9GH (7@95FNCB9K=89HGI6GHF5H9H5BB=757=8GCIF79 C:@=;B=B657H9F=5=GC@5H9G:FCA@5B8:=@@K5GH975D56@9C: DFC8I7=B; <=;< 7@95F NCB9 K=89 C: 7A
K<=7<=GC@5H9G7C898/$DFC8I79<=;<9GH7@95FNCB9 K=89 ( 5B8 =GC@5H9G 7C898 / $ DFC8I79 @CK9GH ( H % GI6GHF5H9 657H9F=5@ =GC@5H9G :FCA@5B8:=@@K5GH975D56@9C:DFC8I7=B;57@95FNCB9K=89 6M 7A K<=7< =GC@5H9G 7C898 / $
DFC8I79H<9<=;<9GH(7@95FNCB9K=895B8=GC@5H9G / $ DFC8I79 H<9 @CK9GH ( /<=@9 H<9 LM@5B GI6GHF5H9 657H9F=5 =GC@5H9G 75D56@9 C: ;9B9F5H=B; @5B8:=@@ K5GH97@95FNCB9K=89C: 7AK<=7<=GC@5H9G
7C89 / $ DFC8I79 H<9 <=;<9GH ( 7@95F NCB9 K=895B8=GC@5H9G/$DFC8I79H<9@CK9GH( ,56@9
,56@9 /=89C:7@95FNCB97A:FCAR@657H9F=5
=GC@5H9GCBJ5F=9HMGI6GHF5H9G
*,:.82*
963*:.9 ,.33;369.2056 20525 (?3*5
/$ 7 7 67 6
/$ 5 567 67 5
/$ 7 67 56 5
/$ 8 7 7 6
/$ 5 5 56 5
/$ 6 567 67 56
/$ 5 56 5 5
+%
%95BG =B H<9 G5A9 7C@CA K=H< 8=::9F9BH @9HH9F 8=::9F
G=;B=:=75BH@M(+%+H5B85F8FFCFC:H<9HF95HA9BG
A95BG
(FC8I798 <=;< 7@95F NCB9 K=89 6M 5@@ 657H9F=5 =GC@5H9G G<CK98=HG 657H9F=5=GC@5H9GHFI9@=;BC79@@I@C@MH=7657H9F=5 @=;BC79@@I@CG9 89;F58=B; 657H9F=5 5B8 <5J9 <=;< 56=@=HM C: @=;BC79@@I@CG=7 GI6GHF5H9G 89;F585H=CB ,<9G9 =GC@5H9G =GC@5H=CBIG=B;7CA6=B5H=CB@=;B=BH5BB=757=879@@I@CG9 75F6CLM A9H<M@ 79@@I@CG9 % 5B8 LM@5B 5G G9@97H98 GI6GHF5H9G =B 657H9F=5 =GC@5H98 A98=5 J9FM GHF5=B C: 657H9F=5=GC@5H9GB998985GD9G=:=7GI6GHF5H9G5G5B9B9F;M GCIF79 :CF ;FCK=B; 239G=89G H<9 GCIF79 C: =GC@5H9G 89F=J98 :FCA K5GH9 IB89F;C=B; 6=C89;F585H=CB DFC79GG9G GC F=7< =B @=;BC79@@I@CG9 89;F58=B; A=7FC69G =B7@I8=B; 657H9F=5
5G98CBH<9G9G85H5CB,56@9=H5DD95FGH<5H=GC@5H9G 7C898$5B8$5F9H<9HKC69GH75B8=85H9G =GC@5H9G DCH9BH=5@ HC 69 IH=@=N98 =B H<9 89J9@CDA9BH C: :5FA65G98 5;F=7I@HIF5@ K5GH9G ,<9G9 5F9 6975IG9 H<9 56=@=HMC:H<9:CFA5H=CBC:57@95FNCB9F9:@97HGH<956=@=HM CDMF=;<HO!"!*@@F=;<HF9G9FJ98
5:.85*:265*36;85*36/082,;3:;8.556<*:2659*5-".9.*8,1
&63;4. 99;. ## 5325.
; &5@ ; & +' A@ *9N5GIF=B GC@IH=CB;MGH9=B @ ';&5'
A@FIA9B@=EI=8;GI6GHF5H9A@EI589GH5B8 ;5F+9@97H=J9GI6GHF5H9IG98K9F9H5BB=757=85G @=;B=BGCIF79LM@5B5B85F6CLM%9H<M@9@@I@CG9 % 5G 79@@I@CG9 GCIF79 @@ =B;F98=9BHG K9F9 A=L98 =B F@9BA9M9F9L79DHGI6GHF5H9H<5HK9F9GH9F=@=N986MA@ 5EI589GH=BHI69D K5G89H9FA=B985B8<95H98IBH=@ 5@@ =B;F98=9BHG 8=GGC@J98 ,<9 :@5G? H<9B HF5BG:9FF98 5G9DH=75@@M K=H< CLM;9B:F99 ' ;5G 8=GD@57=B; 5@@ 5=F
IBH=@ F98 7C@CF :5898 7@CG98 K=H< FI669F GHCDD9F G95@98 H<9B GH9F=@=N98 =B H<9 5IHC7@5J9 5H C :CF
A=BIH9G ,<9 A98=IA =B H<9 9B@9BA9M9F HF5BG:9FF98 5G9DH=75@@M HC 5 GH9F=@9 HI69 K=H< CLM;9B :F99 ' ;5G
8=GD@57=B; 5@@ 5=F ,<9B 8=@IH=CB 7C@CB :@I=8 =BC7I@5H98A =BHC H<9 HI69 5B8 7@CG98 K=H< GH9F=@9 7CHHCB ,<9 7I@HIF9 H<9 =B7I65H98 =B C 8IF=B; S 85MG ,<9
7C@CB=9G;FCK=B;K9F9G9@97H98
FCA H<9G9 =BC7I@5H98 HI69 7CBH5=B=B; H<9 G9@97H=CB A98=IA H<9 =B8=J=8I5@ 7C@CB=9G C: @=;BC79@@I@C@MH=7 657H9F=5 DF=7?9857H9F=5=GC@5H9G75F9:I@@MDF=7?98IG=B; 69BH D@5H=BIA=FF=8=IA B998@9 ,<9 657H9F=5 H<9B HF5BG:9FF98HCD@5H95;5FA98=IA5B59FC6=75@@MK=H<;5GG9G CLM;9B:F99',<9D@5H9=B7I65H985HC8IF=B; S
85MG,<9657H9F=57C@CB=9G<5GDFC8I79 7@95FCF8=::IG=CB NCB9K9F97<CG9B :CF:IF=:=986MF9D95H98GHF95?=B;
!
,<9 56=@=HM C: @=;BC79@@I@CG=7 GI6GHF5H9G 89;F585H=CB =G 89H9FA=B98 :FCA 7@95F CF 8=::IG=CB NCB9 :CFA98 6M 657H9F=5=GC@5H9GH9GH98 23 ,<9GI6GHF5H9IG98%:CF 79@@I@CG9 LM@5B :CF <9A=79@@I@CG9 H5BB=7 57=8 HC @=;B=B 5B87CA6=B5H=CBC:% 0M@5BH5BB=7 57=8:CF@=;BC79@@I@CG9GI6GHF5H9 57<DIF9657H9F=5=GC@5H9 R@ K5G =BC7I@5H98 6M GDCH A9H<C8 IG=B; D5D9F 8=G7 6@5B? 7A K9F9 D@5798 CB G9@97H=J9 A98=IA GC@=8 ;FCKH< A98=IA 7CBH5=B=B; GI6GHF5H9 H9GH23 =::IG=CB 5B8 7@95F NCB9 K=89 K9F9 A95GIF98 5:H9F <CIFGC:5B59FC6=7=B7I65H=CB
"!!
BNMA9 9LHF57H K5G 7C@@97H98 :FCA 79BHF=:I;98 @=EI=8 A98=5 7I@HIF9 =B L ; :CF A=BIH9G =B C
77CF8=B; HC H<9 GI6GHF5H9 9LHF57HG K9F9 H9GH98 =B H<F99 ?=B8G C: GI6GHF5H9G H<5H 7CBH5=B98 % DCK89F LM@5B ,5BB=77=85GGCIF79C:@=;B=B=BA% 579H5H96I::9F5B8D 57<GI6GHF5H9@=EI=8=B6I::9F K5G H5?9B A@ 58898 A@ 9BNMA9G GCIF79 5B8 A@ 5EI589GH,<9A=LHIF9H<9BK9F9G<5?9B6MG<5?=B;65H< 9BNMA9 57H=J=HM K5G A95GIF98 =B A=BIH9G <CIF <CIFG5B8<CIF*98I7H=CBGI;5F;@I7CG9 :FCA% LM@CG9:FCALM@5BCFJ5B=@@=B:FCAH5BB=757=8@=;B=B DFC8I798:FCAH<9F957H=CBK9F9H<99BNMA957H=J=H=9G 23 CFGI;5FF98I7H=CBA@C:G5AD@9K5G58898HC A@&+F95;9BH5B8A@5EI589GH 23 :CFJ5B=@@=BA@ C:G5AD@9K5G58898HCA@A9H<5BC@H<9BA95GIF98H<9 56GCF69BH6MGD97HFCD<CHCA9H9F=BQBA:CF;@I7CG9 BA :CF L=@CG5 5B8 BA :CF J5B=@@=B BNMA @=;B5G9 79@@I@CG9 5B8 LM@5B5G9 DFC8I7H=CB K5G 9GH=A5H98 6M IG=B; J5B=@@=B ;@I7CG9 LM@CG9 75@=6F5H=CB 7IFJ9 23 23 'B9 IB=H - C: 9BNMA9 57H=J=HM K5G
89WB98 5G RAC@ C: J5B=@@=B ;@I7CG9 LM@CG9 9EI=J5@9BH F9@95G98 D9F A=BIH9 IB89F GH5B85F8 5GG5M 7CB8=H=CB 23 23
"
#%$##%##
!
,<9 F9GI@HG G<CK98 @=;BC79@@I@C@MH=7 657H9F=5 =GC@5H9G :FCA@5B8:=@@K5GH975D56@9C:;9B9F5H=B;6FC587@95FNCB9 CB @=;BC79@@I@CG=7 GI6GHF5H9G :FCA 7A
K<=7<=GC@5H9G7C898/$DFC8I79<=;<9GH7@95FNCB9 K=89 ( 5B8 =GC@5H9G / $ DFC8I79 @CK9GH (7@95FNCB9K=89HGI6GHF5H9H5BB=757=8GCIF79 C:@=;B=B657H9F=5=GC@5H9G:FCA@5B8:=@@K5GH975D56@9C: DFC8I7=B; <=;< 7@95F NCB9 K=89 C: 7A
K<=7<=GC@5H9G7C898/$DFC8I79<=;<9GH7@95FNCB9 K=89 ( 5B8 =GC@5H9G 7C898 / $ DFC8I79 @CK9GH ( H % GI6GHF5H9 657H9F=5@ =GC@5H9G :FCA@5B8:=@@K5GH975D56@9C:DFC8I7=B;57@95FNCB9K=89 6M 7A K<=7< =GC@5H9G 7C898 / $
DFC8I79H<9<=;<9GH(7@95FNCB9K=895B8=GC@5H9G / $ DFC8I79 H<9 @CK9GH ( /<=@9 H<9 LM@5B GI6GHF5H9 657H9F=5 =GC@5H9G 75D56@9 C: ;9B9F5H=B; @5B8:=@@ K5GH97@95FNCB9K=89C: 7AK<=7<=GC@5H9G
7C89 / $ DFC8I79 H<9 <=;<9GH ( 7@95F NCB9 K=895B8=GC@5H9G/$DFC8I79H<9@CK9GH( ,56@9
,56@9 /=89C:7@95FNCB97A:FCAR@657H9F=5
=GC@5H9GCBJ5F=9HMGI6GHF5H9G
*,:.82*
963*:.9 ,.33;369.2056 20525 (?3*5
/$ 7 7 67 6
/$ 5 567 67 5
/$ 7 67 56 5
/$ 8 7 7 6
/$ 5 5 56 5
/$ 6 567 67 56
/$ 5 56 5 5
+%
%95BG =B H<9 G5A9 7C@CA K=H< 8=::9F9BH @9HH9F 8=::9F
G=;B=:=75BH@M(+%+H5B85F8FFCFC:H<9HF95HA9BG
A95BG
(FC8I798 <=;< 7@95F NCB9 K=89 6M 5@@ 657H9F=5 =GC@5H9G G<CK98=HG 657H9F=5=GC@5H9GHFI9@=;BC79@@I@C@MH=7657H9F=5 @=;BC79@@I@CG9 89;F58=B; 657H9F=5 5B8 <5J9 <=;< 56=@=HM C: @=;BC79@@I@CG=7 GI6GHF5H9G 89;F585H=CB ,<9G9 =GC@5H9G =GC@5H=CBIG=B;7CA6=B5H=CB@=;B=BH5BB=757=879@@I@CG9 75F6CLM A9H<M@ 79@@I@CG9 % 5B8 LM@5B 5G G9@97H98 GI6GHF5H9G =B 657H9F=5 =GC@5H98 A98=5 J9FM GHF5=B C: 657H9F=5=GC@5H9GB998985GD9G=:=7GI6GHF5H9G5G5B9B9F;M GCIF79 :CF ;FCK=B; 239G=89G H<9 GCIF79 C: =GC@5H9G 89F=J98 :FCA K5GH9 IB89F;C=B; 6=C89;F585H=CB DFC79GG9G GC F=7< =B @=;BC79@@I@CG9 89;F58=B; A=7FC69G =B7@I8=B; 657H9F=5
5G98CBH<9G9G85H5CB,56@9=H5DD95FGH<5H=GC@5H9G 7C898$5B8$5F9H<9HKC69GH75B8=85H9G =GC@5H9G DCH9BH=5@ HC 69 IH=@=N98 =B H<9 89J9@CDA9BH C: :5FA65G98 5;F=7I@HIF5@ K5GH9G ,<9G9 5F9 6975IG9 H<9 56=@=HMC:H<9:CFA5H=CBC:57@95FNCB9F9:@97HGH<956=@=HM CDMF=;<HO!"!*@@F=;<HF9G9FJ98
5:.85*:265*36;85*36/082,;3:;8.556<*:2659*5-".9.*8,1
&63;4. 99;. ## 5325.
; &5@ ; & +' A@ *9N5GIF=B GC@IH=CB;MGH9=B @ ';&5'
A@FIA9B@=EI=8;GI6GHF5H9A@EI589GH5B8 ;5F+9@97H=J9GI6GHF5H9IG98K9F9H5BB=757=85G @=;B=BGCIF79LM@5B5B85F6CLM%9H<M@9@@I@CG9 % 5G 79@@I@CG9 GCIF79 @@ =B;F98=9BHG K9F9 A=L98 =B F@9BA9M9F9L79DHGI6GHF5H9H<5HK9F9GH9F=@=N986MA@ 5EI589GH=BHI69D K5G89H9FA=B985B8<95H98IBH=@ 5@@ =B;F98=9BHG 8=GGC@J98 ,<9 :@5G? H<9B HF5BG:9FF98 5G9DH=75@@M K=H< CLM;9B:F99 ' ;5G 8=GD@57=B; 5@@ 5=F
IBH=@ F98 7C@CF :5898 7@CG98 K=H< FI669F GHCDD9F G95@98 H<9B GH9F=@=N98 =B H<9 5IHC7@5J9 5H C :CF
A=BIH9G ,<9 A98=IA =B H<9 9B@9BA9M9F HF5BG:9FF98 5G9DH=75@@M HC 5 GH9F=@9 HI69 K=H< CLM;9B :F99 ' ;5G
8=GD@57=B; 5@@ 5=F ,<9B 8=@IH=CB 7C@CB :@I=8 =BC7I@5H98A =BHC H<9 HI69 5B8 7@CG98 K=H< GH9F=@9 7CHHCB ,<9 7I@HIF9 H<9 =B7I65H98 =B C 8IF=B; S 85MG ,<9
7C@CB=9G;FCK=B;K9F9G9@97H98
FCA H<9G9 =BC7I@5H98 HI69 7CBH5=B=B; H<9 G9@97H=CB A98=IA H<9 =B8=J=8I5@ 7C@CB=9G C: @=;BC79@@I@C@MH=7 657H9F=5 DF=7?9857H9F=5=GC@5H9G75F9:I@@MDF=7?98IG=B; 69BH D@5H=BIA=FF=8=IA B998@9 ,<9 657H9F=5 H<9B HF5BG:9FF98HCD@5H95;5FA98=IA5B59FC6=75@@MK=H<;5GG9G CLM;9B:F99',<9D@5H9=B7I65H985HC8IF=B; S
85MG,<9657H9F=57C@CB=9G<5GDFC8I79 7@95FCF8=::IG=CB NCB9K9F97<CG9B :CF:IF=:=986MF9D95H98GHF95?=B;
!
,<9 56=@=HM C: @=;BC79@@I@CG=7 GI6GHF5H9G 89;F585H=CB =G 89H9FA=B98 :FCA 7@95F CF 8=::IG=CB NCB9 :CFA98 6M 657H9F=5=GC@5H9GH9GH98 23 ,<9GI6GHF5H9IG98%:CF 79@@I@CG9 LM@5B :CF <9A=79@@I@CG9 H5BB=7 57=8 HC @=;B=B 5B87CA6=B5H=CBC:% 0M@5BH5BB=7 57=8:CF@=;BC79@@I@CG9GI6GHF5H9 57<DIF9657H9F=5=GC@5H9 R@ K5G =BC7I@5H98 6M GDCH A9H<C8 IG=B; D5D9F 8=G7 6@5B? 7A K9F9 D@5798 CB G9@97H=J9 A98=IA GC@=8 ;FCKH< A98=IA 7CBH5=B=B; GI6GHF5H9 H9GH23 =::IG=CB 5B8 7@95F NCB9 K=89 K9F9 A95GIF98 5:H9F <CIFGC:5B59FC6=7=B7I65H=CB
"!!
BNMA9 9LHF57H K5G 7C@@97H98 :FCA 79BHF=:I;98 @=EI=8 A98=5 7I@HIF9 =B L ; :CF A=BIH9G =B C
77CF8=B; HC H<9 GI6GHF5H9 9LHF57HG K9F9 H9GH98 =B H<F99 ?=B8G C: GI6GHF5H9G H<5H 7CBH5=B98 % DCK89F LM@5B ,5BB=77=85GGCIF79C:@=;B=B=BA% 579H5H96I::9F5B8D 57<GI6GHF5H9@=EI=8=B6I::9F K5G H5?9B A@ 58898 A@ 9BNMA9G GCIF79 5B8 A@ 5EI589GH,<9A=LHIF9H<9BK9F9G<5?9B6MG<5?=B;65H< 9BNMA9 57H=J=HM K5G A95GIF98 =B A=BIH9G <CIF <CIFG5B8<CIF*98I7H=CBGI;5F;@I7CG9 :FCA% LM@CG9:FCALM@5BCFJ5B=@@=B:FCAH5BB=757=8@=;B=B DFC8I798:FCAH<9F957H=CBK9F9H<99BNMA957H=J=H=9G 23 CFGI;5FF98I7H=CBA@C:G5AD@9K5G58898HC A@&+F95;9BH5B8A@5EI589GH 23 :CFJ5B=@@=BA@ C:G5AD@9K5G58898HCA@A9H<5BC@H<9BA95GIF98H<9 56GCF69BH6MGD97HFCD<CHCA9H9F=BQBA:CF;@I7CG9 BA :CF L=@CG5 5B8 BA :CF J5B=@@=B BNMA @=;B5G9 79@@I@CG9 5B8 LM@5B5G9 DFC8I7H=CB K5G 9GH=A5H98 6M IG=B; J5B=@@=B ;@I7CG9 LM@CG9 75@=6F5H=CB 7IFJ9 23 23 'B9 IB=H - C: 9BNMA9 57H=J=HM K5G
89WB98 5G RAC@ C: J5B=@@=B ;@I7CG9 LM@CG9 9EI=J5@9BH F9@95G98 D9F A=BIH9 IB89F GH5B85F8 5GG5M 7CB8=H=CB 23 23
"
#%$##%##
!
,<9 F9GI@HG G<CK98 @=;BC79@@I@C@MH=7 657H9F=5 =GC@5H9G :FCA@5B8:=@@K5GH975D56@9C:;9B9F5H=B;6FC587@95FNCB9 CB @=;BC79@@I@CG=7 GI6GHF5H9G :FCA 7A
K<=7<=GC@5H9G7C898/$DFC8I79<=;<9GH7@95FNCB9 K=89 ( 5B8 =GC@5H9G / $ DFC8I79 @CK9GH (7@95FNCB9K=89HGI6GHF5H9H5BB=757=8GCIF79 C:@=;B=B657H9F=5=GC@5H9G:FCA@5B8:=@@K5GH975D56@9C: DFC8I7=B; <=;< 7@95F NCB9 K=89 C: 7A
K<=7<=GC@5H9G7C898/$DFC8I79<=;<9GH7@95FNCB9 K=89 ( 5B8 =GC@5H9G 7C898 / $ DFC8I79 @CK9GH ( H % GI6GHF5H9 657H9F=5@ =GC@5H9G :FCA@5B8:=@@K5GH975D56@9C:DFC8I7=B;57@95FNCB9K=89 6M 7A K<=7< =GC@5H9G 7C898 / $
DFC8I79H<9<=;<9GH(7@95FNCB9K=895B8=GC@5H9G / $ DFC8I79 H<9 @CK9GH ( /<=@9 H<9 LM@5B GI6GHF5H9 657H9F=5 =GC@5H9G 75D56@9 C: ;9B9F5H=B; @5B8:=@@ K5GH97@95FNCB9K=89C: 7AK<=7<=GC@5H9G
7C89 / $ DFC8I79 H<9 <=;<9GH ( 7@95F NCB9 K=895B8=GC@5H9G/$DFC8I79H<9@CK9GH( ,56@9
,56@9 /=89C:7@95FNCB97A:FCAR@657H9F=5
=GC@5H9GCBJ5F=9HMGI6GHF5H9G
*,:.82*
963*:.9 ,.33;369.2056 20525 (?3*5
/$ 7 7 67 6
/$ 5 567 67 5
/$ 7 67 56 5
/$ 8 7 7 6
/$ 5 5 56 5
/$ 6 567 67 56
/$ 5 56 5 5
+%
%95BG =B H<9 G5A9 7C@CA K=H< 8=::9F9BH @9HH9F 8=::9F
G=;B=:=75BH@M(+%+H5B85F8FFCFC:H<9HF95HA9BG
A95BG
(FC8I798 <=;< 7@95F NCB9 K=89 6M 5@@ 657H9F=5 =GC@5H9G G<CK98=HG 657H9F=5=GC@5H9GHFI9@=;BC79@@I@C@MH=7657H9F=5 @=;BC79@@I@CG9 89;F58=B; 657H9F=5 5B8 <5J9 <=;< 56=@=HM C: @=;BC79@@I@CG=7 GI6GHF5H9G 89;F585H=CB ,<9G9 =GC@5H9G =GC@5H=CBIG=B;7CA6=B5H=CB@=;B=BH5BB=757=879@@I@CG9 75F6CLM A9H<M@ 79@@I@CG9 % 5B8 LM@5B 5G G9@97H98 GI6GHF5H9G =B 657H9F=5 =GC@5H98 A98=5 J9FM GHF5=B C: 657H9F=5=GC@5H9GB998985GD9G=:=7GI6GHF5H9G5G5B9B9F;M GCIF79 :CF ;FCK=B; 239G=89G H<9 GCIF79 C: =GC@5H9G 89F=J98 :FCA K5GH9 IB89F;C=B; 6=C89;F585H=CB DFC79GG9G GC F=7< =B @=;BC79@@I@CG9 89;F58=B; A=7FC69G =B7@I8=B; 657H9F=5
CDMF=;<HO!"!*@@F=;<HF9G9FJ98
5:.85*:265*36;85*36/082,;3:;8.556<*:2659*5-".9.*8,1
&63;4. 99;. ## 5325.
C: GI6GHF5H9 89;F585H=CB =G H<9 F9GI@H C: H<9 57H=J=HM C: A=7FC6=5@ 9BNMA9G H<5H K=@@ 89H9FA=B9 H<9 @9J9@ 56=@=HM 89;F58H=CBC::=69F7CADCB9BH:FCA:998A5H9F=5@ 2323 !HG 657H9F=5 =GC@5H9G DCH9BH=5@ 5G =BBC7I@@5BH :9FA9BHCF CF;5B=7A5H9F=5@F=7<=B @=;BC79@@I@CG=7GI6GHF5H9GGI7<5G 5;F=7I@HIF5@K5GH9
"!!
J5@I5H=CB C: @=;BC79@@I@5G9 9BNMA9 57H=J=HM :FCA @=;BC79@@I@C@MH=7657H9F=5=GC@5H9GK9F9=GC@5H98:FCAK5GH9 @5B8:=@@G<CK98 5H,56@9
,56@9 BNMA97H=J=9G:FCA$=;BC79@@I@C@MH=757H9F=5 !GC@5H9G:FCA/5GH9$5B8:=@@
*,:.82*
963*:. 5@?4.,:2<2:2.9%4365425;:.:6: : : : 205*9.5@?4.,:2<2:2.9
/$ 7 6 7 6
/$ 6 6 67 56
/$ 5 5 56 56
/$ 7 6 7 6
/$ 5 6 56 5
/$ 67 6 67 56
/$ 5 6 5 56
+%
.33;3*9.5@?4.,:2<2:2.9
/$ 6 9 7 7
/$ 5 5 5 5
/$ 6 789 6 56
/$ 6 89 7 7
/$ 5 56 56 56
/$ 6 678 6 6
/$ 5 67 6 56
+%
(?3*5*9.5@?4.,:2<2:2.9
/$ 78 8 7 7
/$ 56 67 6 5
/$ 67 7 7 6
/$ 8 7 67
/$ 5 567 56 5
/$ 56 5 56 5
/$ 5 56 5 5
+%
$=;B5G9 5B5@MG=G IG=B; ,5BB=7 7=8
GI6GHF5H9G9@@I@5G9 B8C;@I75B5G9 5B5@MG=G IG=B; %
DCK89F GI6GHF5H9G 0M@5B5G9 5B5@MG=G IG=B; 0M@5BCG9
GI6GHF5H9G%95B=BH<9G5A97C@CAK=H<8=::9F9BH@9HH9F 8=::9F
G=;B=:=75BH@M(
J5@I5H=CB C:@=;BC79@@I@5G99BNMA957H=J=HMH<5H=GC@5H9G 7C898/$K5GG=;B=:=75BH<=;<9GH(@=;B5G9 79@@I@5G95B8 LM@5B5G99BNMA957H=J=HM8IF=B; H<9D9F=C8 C: 7CBH57H K=H< H<9 @=;BC79@@I@CG9 GI6GHF5H9 9L79DH 79@@I@5G9 9BNMA9 57H=J=HM :CF A=BIH9 5B8 LM@5B5G9 9BNMA9 57H=J=HM :CF A=BIH9 5:H9F 7CBH57H K=H< GI6GHF5H9G K<=7< =GC@5H9G 7C898 / $ <5G 9BNMA9 57H=J=HM K5G G97CB8 <=;<9GH 5B8 H<9 <=;<9GH 9BNMA9 57H=J=HM DFC8I798 6M =GC@5H9G 7C898 / $ 57H9F=5 =GC@5H9G 7C898 / $ + 5B8 / $ K9F9 =GC@5H9G H<5H <5G H<9 @CK9GH @=;B5G9 9BNMA9 57H=J=HM CB @=;BC79@@I@CG=7 GI6GHF5H9G 5:H9F 7CBH57H CB @=;BC79@@I@CG=7
GI6GHF5H9G F9GD97H=J9@M 5H H<9 H=A9 HC A=BIH9G 5B8 <CIFG<CIF5B8<CIFG,56@9 !GC@5H9G/$<5G H<9 @CK9GH 79@@I@5G9 9BNMA9 57H=J=HM CB @=;BC79@@I@CG=7 GI6GHF5H9G =B H<9 9BH=F9 D9F=C8 C: 7CBH57H H=A9 ,56@9 /<9F95G=GC@5H9G7C898/$/$5B8/ $ <5G H<9 @CK9GH LM@5B5G9 9BNMA9 57H=J=HM CB @=;BC79@@I@CG=7GI6GHF5H9G=BH<9D9F=C87CBH57H:CF 5B8A=BIH9G,56@9
!B,56@9=H5DD95FGH<5HH<9J5@I9C:5LM@5B5G99BNMA9 57H=J=HM DFC8I798 6M 957< =GC@5H9 657H9F=5 H9B8G HC 69 <=;<9F H<5B H<9 57H=J=HM C: H<9 9BNMA9G 79@@I@5G9 5B8 @=;B5G9 ,<=G =G F95GCB56@9 7CBG=89F=B; H<9 GHFI7HIF5@ 7CADCB9BHGC:<9A=79@@I@CG9LM@5BH9B8HC6995G=9FHC 89;F589 H<5B 79@@I@CG9 5B8 @=;B=B 7CADCB9BHG 9@@I@CG9 5B8@=;B=B7CADCIB8G<5J=B;7CADCB9BHGK=H<J9FM<5F8 7FMGH5@@=B9GHFI7HIF97<5B;98=BHC7CADCB9BHGG=AD@9F5B8 9J9B @=;B=B =G H<9 A5>CF @=A=H=B; 89;F585H=CB C: @=;BC79@@I@CG=77CADCIB8G2323
'B,56@95@GC5DD95FGH<5H657H9F=5=GC@5H9G7C898/ $ 5B8 / $ <5G <=;< @=;B5G9 79@@I@5G9 5B8 LM@5B5G99BNMA957H=J=HMCB5@@H=A9D9F=C8G7CBH57HK=H< H<9@=;BC79@@I@CG=7GI6GHF5H9,<=G=B8=75H9GH<5H=HG=GC@5H9G / $ 5B8 / $ 5F9 =GC@5H9G DCH9BH=5@ HC 69 89J9@CD98 :IFH<9F 9GD97=5@@M IG98 =B H<9 89J9@CDA9BH @=J9GHC7? 65G98 CB 5;F=7I@HIF5@ K5GH9 +C 65G=75@@M :FCA K5GH9 @5B8:=@@ <5G =GC@5H=CB <=;< EI5@=HM @=;BC79@@I@C@MH=7 657H9F=5=GC@5H9GK<=7<IG985G89;F589FC:@=;BC79@@I@CG=7 7CADCIB8G9GD97=5@@M5;F=7I@HIF5@K5GH9
&
%#$=;BC79@@I@C@MH=7657H9F=5=GC@5H9G7C898 /$5B8 /$<5G<=;<9GH56=@=HMC:@=;BC79@@I@CG=7GI6GHF5H9G K9F9 G<CK98 DFC8I798 <=;<9GH K=89 C: 7@95F NCB9 5B8 @=;BC79@@I@5G9 9BNMA9 57H=J=HM !HG =GC@5H9G DCH9BH=5@ HC 5DD@M CB CDH=A=N=B; H<9 IH=@=N5H=CB C: @C75@ F9GCIF79G 65G98CB 5;F=7I@HIF9 6MDFC8I7H :998GHI::GHCGIDDCFH:998 G97IF=HMC:FIA=B5BHDFC8I7H=CB
'$#
,<95IH<CFGK=G<HCH<5B?GHC H<9=F97HCF5H99B9F5@C: =;<9F 8I75H=CB &5H=CB5@ 8I75H=CB 9D5FHA9BH *9DI6@=7 C: !B8CB9G=5 5B8 -85M5B5 -B=J9FG=HM H<FCI;< CAD9H=H=J9 *9G95F7< F5BH :CF :IB8 GIDDCFH =B H<=G 9LD9F=A9BH,<5B?G5F95@GC8I9HC $56CF5HCFMC::9985B8 BIHF=H=CB 5B=A5@ 57I@HM C: B=A5@ IG65B8FM -85M5B5 -B=J9FG=HM :CF 5GG=GH5B79=B=GC@5H=CB5B87<5F57H9F=N5H=CB =GC@5H9G5B5@MG=G
"
"#23 =BH=B;+(,5BH5B;5B85B(9@I5B;(9A5B:55H5B(5?5B
$C?5@-BHI?(9B;9A65B;5B(9H9FB5?5B#5A6=B;8=!B8CB9G=5 $C?5 (9B9@=H=5B #5A6=B; (CHCB; (IG5H (9B9@=H=5B 85B (9B;9A65B;5B (9H9FB5?5B 27=H98 "5BI5FM 3 J5=@56@9 :FCA-*$ HHD D9H9FB5?5B@=H65B;89DH5B;C=8
23 9;5FHM * F99B CIG9 5G A=GG=CB FCA ,<9
IGHF5@=5B$=J9GHC7?+97HCF/<5HC/9#BCK/<5H5B/9 C IGHF5@=5B F99B CIG9 '::=79 5B69FF5 , !+& 5779GG98979A6F9
CDMF=;<HO!"!*@@F=;<HF9G9FJ98
5:.85*:265*36;85*36/082,;3:;8.556<*:2659*5-".9.*8,1
&63;4. 99;. ## 5325.
C: GI6GHF5H9 89;F585H=CB =G H<9 F9GI@H C: H<9 57H=J=HM C: A=7FC6=5@ 9BNMA9G H<5H K=@@ 89H9FA=B9 H<9 @9J9@ 56=@=HM 89;F58H=CBC::=69F7CADCB9BH:FCA:998A5H9F=5@ 2323 !HG 657H9F=5 =GC@5H9G DCH9BH=5@ 5G =BBC7I@@5BH :9FA9BHCF CF;5B=7A5H9F=5@F=7<=B @=;BC79@@I@CG=7GI6GHF5H9GGI7<5G 5;F=7I@HIF5@K5GH9
"!!
J5@I5H=CB C: @=;BC79@@I@5G9 9BNMA9 57H=J=HM :FCA @=;BC79@@I@C@MH=7657H9F=5=GC@5H9GK9F9=GC@5H98:FCAK5GH9 @5B8:=@@G<CK98 5H,56@9
,56@9 BNMA97H=J=9G:FCA$=;BC79@@I@C@MH=757H9F=5 !GC@5H9G:FCA/5GH9$5B8:=@@
*,:.82*
963*:. 5@?4.,:2<2:2.9%4365425;:.:6: : : : 205*9.5@?4.,:2<2:2.9
/$ 7 6 7 6
/$ 6 6 67 56
/$ 5 5 56 56
/$ 7 6 7 6
/$ 5 6 56 5
/$ 67 6 67 56
/$ 5 6 5 56
+%
.33;3*9.5@?4.,:2<2:2.9
/$ 6 9 7 7
/$ 5 5 5 5
/$ 6 789 6 56
/$ 6 89 7 7
/$ 5 56 56 56
/$ 6 678 6 6
/$ 5 67 6 56
+%
(?3*5*9.5@?4.,:2<2:2.9
/$ 78 8 7 7
/$ 56 67 6 5
/$ 67 7 7 6
/$ 8 7 67
/$ 5 567 56 5
/$ 56 5 56 5
/$ 5 56 5 5
+%
$=;B5G9 5B5@MG=G IG=B; ,5BB=7 7=8
GI6GHF5H9G9@@I@5G9 B8C;@I75B5G9 5B5@MG=G IG=B; %
DCK89F GI6GHF5H9G 0M@5B5G9 5B5@MG=G IG=B; 0M@5BCG9
GI6GHF5H9G%95B=BH<9G5A97C@CAK=H<8=::9F9BH@9HH9F 8=::9F
G=;B=:=75BH@M(
J5@I5H=CB C:@=;BC79@@I@5G99BNMA957H=J=HMH<5H=GC@5H9G 7C898/$K5GG=;B=:=75BH<=;<9GH(@=;B5G9 79@@I@5G95B8 LM@5B5G99BNMA957H=J=HM8IF=B; H<9D9F=C8 C: 7CBH57H K=H< H<9 @=;BC79@@I@CG9 GI6GHF5H9 9L79DH 79@@I@5G9 9BNMA9 57H=J=HM :CF A=BIH9 5B8 LM@5B5G9 9BNMA9 57H=J=HM :CF A=BIH9 5:H9F 7CBH57H K=H< GI6GHF5H9G K<=7< =GC@5H9G 7C898 / $ <5G 9BNMA9 57H=J=HM K5G G97CB8 <=;<9GH 5B8 H<9 <=;<9GH 9BNMA9 57H=J=HM DFC8I798 6M =GC@5H9G 7C898 / $ 57H9F=5 =GC@5H9G 7C898 / $ + 5B8 / $ K9F9 =GC@5H9G H<5H <5G H<9 @CK9GH @=;B5G9 9BNMA9 57H=J=HM CB @=;BC79@@I@CG=7 GI6GHF5H9G 5:H9F 7CBH57H CB @=;BC79@@I@CG=7
GI6GHF5H9G F9GD97H=J9@M 5H H<9 H=A9 HC A=BIH9G 5B8 <CIFG<CIF5B8<CIFG,56@9 !GC@5H9G/$<5G H<9 @CK9GH 79@@I@5G9 9BNMA9 57H=J=HM CB @=;BC79@@I@CG=7 GI6GHF5H9G =B H<9 9BH=F9 D9F=C8 C: 7CBH57H H=A9 ,56@9 /<9F95G=GC@5H9G7C898/$/$5B8/ $ <5G H<9 @CK9GH LM@5B5G9 9BNMA9 57H=J=HM CB @=;BC79@@I@CG=7GI6GHF5H9G=BH<9D9F=C87CBH57H:CF 5B8A=BIH9G,56@9
!B,56@9=H5DD95FGH<5HH<9J5@I9C:5LM@5B5G99BNMA9 57H=J=HM DFC8I798 6M 957< =GC@5H9 657H9F=5 H9B8G HC 69 <=;<9F H<5B H<9 57H=J=HM C: H<9 9BNMA9G 79@@I@5G9 5B8 @=;B5G9 ,<=G =G F95GCB56@9 7CBG=89F=B; H<9 GHFI7HIF5@ 7CADCB9BHGC:<9A=79@@I@CG9LM@5BH9B8HC6995G=9FHC 89;F589 H<5B 79@@I@CG9 5B8 @=;B=B 7CADCB9BHG 9@@I@CG9 5B8@=;B=B7CADCIB8G<5J=B;7CADCB9BHGK=H<J9FM<5F8 7FMGH5@@=B9GHFI7HIF97<5B;98=BHC7CADCB9BHGG=AD@9F5B8 9J9B @=;B=B =G H<9 A5>CF @=A=H=B; 89;F585H=CB C: @=;BC79@@I@CG=77CADCIB8G2323
'B,56@95@GC5DD95FGH<5H657H9F=5=GC@5H9G7C898/ $ 5B8 / $ <5G <=;< @=;B5G9 79@@I@5G9 5B8 LM@5B5G99BNMA957H=J=HMCB5@@H=A9D9F=C8G7CBH57HK=H< H<9@=;BC79@@I@CG=7GI6GHF5H9,<=G=B8=75H9GH<5H=HG=GC@5H9G / $ 5B8 / $ 5F9 =GC@5H9G DCH9BH=5@ HC 69 89J9@CD98 :IFH<9F 9GD97=5@@M IG98 =B H<9 89J9@CDA9BH @=J9GHC7? 65G98 CB 5;F=7I@HIF5@ K5GH9 +C 65G=75@@M :FCA K5GH9 @5B8:=@@ <5G =GC@5H=CB <=;< EI5@=HM @=;BC79@@I@C@MH=7 657H9F=5=GC@5H9GK<=7<IG985G89;F589FC:@=;BC79@@I@CG=7 7CADCIB8G9GD97=5@@M5;F=7I@HIF5@K5GH9
&
%#$=;BC79@@I@C@MH=7657H9F=5=GC@5H9G7C898 /$5B8 /$<5G<=;<9GH56=@=HMC:@=;BC79@@I@CG=7GI6GHF5H9G K9F9 G<CK98 DFC8I798 <=;<9GH K=89 C: 7@95F NCB9 5B8 @=;BC79@@I@5G9 9BNMA9 57H=J=HM !HG =GC@5H9G DCH9BH=5@ HC 5DD@M CB CDH=A=N=B; H<9 IH=@=N5H=CB C: @C75@ F9GCIF79G 65G98CB 5;F=7I@HIF9 6MDFC8I7H :998GHI::GHCGIDDCFH:998 G97IF=HMC:FIA=B5BHDFC8I7H=CB
'$#
,<95IH<CFGK=G<HCH<5B?GHC H<9=F97HCF5H99B9F5@C: =;<9F 8I75H=CB &5H=CB5@ 8I75H=CB 9D5FHA9BH *9DI6@=7 C: !B8CB9G=5 5B8 -85M5B5 -B=J9FG=HM H<FCI;< CAD9H=H=J9 *9G95F7< F5BH :CF :IB8 GIDDCFH =B H<=G 9LD9F=A9BH,<5B?G5F95@GC8I9HC $56CF5HCFMC::9985B8 BIHF=H=CB 5B=A5@ 57I@HM C: B=A5@ IG65B8FM -85M5B5 -B=J9FG=HM :CF 5GG=GH5B79=B=GC@5H=CB5B87<5F57H9F=N5H=CB =GC@5H9G5B5@MG=G
"
"#23 =BH=B;+(,5BH5B;5B85B(9@I5B;(9A5B:55H5B(5?5B
$C?5@-BHI?(9B;9A65B;5B(9H9FB5?5B#5A6=B;8=!B8CB9G=5 $C?5 (9B9@=H=5B #5A6=B; (CHCB; (IG5H (9B9@=H=5B 85B (9B;9A65B;5B (9H9FB5?5B 27=H98 "5BI5FM 3 J5=@56@9 :FCA-*$ HHD D9H9FB5?5B@=H65B;89DH5B;C=8
23 9;5FHM * F99B CIG9 5G A=GG=CB FCA ,<9
IGHF5@=5B$=J9GHC7?+97HCF/<5HC/9#BCK/<5H5B/9 C IGHF5@=5B F99B CIG9 '::=79 5B69FF5 , !+& 5779GG98979A6F9
CDMF=;<HO!"!*@@F=;<HF9G9FJ98
5:.85*:265*36;85*36/082,;3:;8.556<*:2659*5-".9.*8,1
&63;4. 99;. ## 5325.
C: GI6GHF5H9 89;F585H=CB =G H<9 F9GI@H C: H<9 57H=J=HM C: A=7FC6=5@ 9BNMA9G H<5H K=@@ 89H9FA=B9 H<9 @9J9@ 56=@=HM 89;F58H=CBC::=69F7CADCB9BH:FCA:998A5H9F=5@ 2323 !HG 657H9F=5 =GC@5H9G DCH9BH=5@ 5G =BBC7I@@5BH :9FA9BHCF CF;5B=7A5H9F=5@F=7<=B @=;BC79@@I@CG=7GI6GHF5H9GGI7<5G 5;F=7I@HIF5@K5GH9
"!!
J5@I5H=CB C: @=;BC79@@I@5G9 9BNMA9 57H=J=HM :FCA @=;BC79@@I@C@MH=7657H9F=5=GC@5H9GK9F9=GC@5H98:FCAK5GH9 @5B8:=@@G<CK98 5H,56@9
,56@9 BNMA97H=J=9G:FCA$=;BC79@@I@C@MH=757H9F=5 !GC@5H9G:FCA/5GH9$5B8:=@@
*,:.82*
963*:. 5@?4.,:2<2:2.9%4365425;:.:6: : : : 205*9.5@?4.,:2<2:2.9
/$ 7 6 7 6
/$ 6 6 67 56
/$ 5 5 56 56
/$ 7 6 7 6
/$ 5 6 56 5
/$ 67 6 67 56
/$ 5 6 5 56
+%
.33;3*9.5@?4.,:2<2:2.9
/$ 6 9 7 7
/$ 5 5 5 5
/$ 6 789 6 56
/$ 6 89 7 7
/$ 5 56 56 56
/$ 6 678 6 6
/$ 5 67 6 56
+%
(?3*5*9.5@?4.,:2<2:2.9
/$ 78 8 7 7
/$ 56 67 6 5
/$ 67 7 7 6
/$ 8 7 67
/$ 5 567 56 5
/$ 56 5 56 5
/$ 5 56 5 5
+%
$=;B5G9 5B5@MG=G IG=B; ,5BB=7 7=8
GI6GHF5H9G9@@I@5G9 B8C;@I75B5G9 5B5@MG=G IG=B; %
DCK89F GI6GHF5H9G 0M@5B5G9 5B5@MG=G IG=B; 0M@5BCG9
GI6GHF5H9G%95B=BH<9G5A97C@CAK=H<8=::9F9BH@9HH9F 8=::9F
G=;B=:=75BH@M(
J5@I5H=CB C:@=;BC79@@I@5G99BNMA957H=J=HMH<5H=GC@5H9G 7C898/$K5GG=;B=:=75BH<=;<9GH(@=;B5G9 79@@I@5G95B8 LM@5B5G99BNMA957H=J=HM8IF=B; H<9D9F=C8 C: 7CBH57H K=H< H<9 @=;BC79@@I@CG9 GI6GHF5H9 9L79DH 79@@I@5G9 9BNMA9 57H=J=HM :CF A=BIH9 5B8 LM@5B5G9 9BNMA9 57H=J=HM :CF A=BIH9 5:H9F 7CBH57H K=H< GI6GHF5H9G K<=7< =GC@5H9G 7C898 / $ <5G 9BNMA9 57H=J=HM K5G G97CB8 <=;<9GH 5B8 H<9 <=;<9GH 9BNMA9 57H=J=HM DFC8I798 6M =GC@5H9G 7C898 / $ 57H9F=5 =GC@5H9G 7C898 / $ + 5B8 / $ K9F9 =GC@5H9G H<5H <5G H<9 @CK9GH @=;B5G9 9BNMA9 57H=J=HM CB @=;BC79@@I@CG=7 GI6GHF5H9G 5:H9F 7CBH57H CB @=;BC79@@I@CG=7
GI6GHF5H9G F9GD97H=J9@M 5H H<9 H=A9 HC A=BIH9G 5B8 <CIFG<CIF5B8<CIFG,56@9 !GC@5H9G/$<5G H<9 @CK9GH 79@@I@5G9 9BNMA9 57H=J=HM CB @=;BC79@@I@CG=7 GI6GHF5H9G =B H<9 9BH=F9 D9F=C8 C: 7CBH57H H=A9 ,56@9 /<9F95G=GC@5H9G7C898/$/$5B8/ $ <5G H<9 @CK9GH LM@5B5G9 9BNMA9 57H=J=HM CB @=;BC79@@I@CG=7GI6GHF5H9G=BH<9D9F=C87CBH57H:CF 5B8A=BIH9G,56@9
!B,56@9=H5DD95FGH<5HH<9J5@I9C:5LM@5B5G99BNMA9 57H=J=HM DFC8I798 6M 957< =GC@5H9 657H9F=5 H9B8G HC 69 <=;<9F H<5B H<9 57H=J=HM C: H<9 9BNMA9G 79@@I@5G9 5B8 @=;B5G9 ,<=G =G F95GCB56@9 7CBG=89F=B; H<9 GHFI7HIF5@ 7CADCB9BHGC:<9A=79@@I@CG9LM@5BH9B8HC6995G=9FHC 89;F589 H<5B 79@@I@CG9 5B8 @=;B=B 7CADCB9BHG 9@@I@CG9 5B8@=;B=B7CADCIB8G<5J=B;7CADCB9BHGK=H<J9FM<5F8 7FMGH5@@=B9GHFI7HIF97<5B;98=BHC7CADCB9BHGG=AD@9F5B8 9J9B @=;B=B =G H<9 A5>CF @=A=H=B; 89;F585H=CB C: @=;BC79@@I@CG=77CADCIB8G2323
'B,56@95@GC5DD95FGH<5H657H9F=5=GC@5H9G7C898/ $ 5B8 / $ <5G <=;< @=;B5G9 79@@I@5G9 5B8 LM@5B5G99BNMA957H=J=HMCB5@@H=A9D9F=C8G7CBH57HK=H< H<9@=;BC79@@I@CG=7GI6GHF5H9,<=G=B8=75H9GH<5H=HG=GC@5H9G / $ 5B8 / $ 5F9 =GC@5H9G DCH9BH=5@ HC 69 89J9@CD98 :IFH<9F 9GD97=5@@M IG98 =B H<9 89J9@CDA9BH @=J9GHC7? 65G98 CB 5;F=7I@HIF5@ K5GH9 +C 65G=75@@M :FCA K5GH9 @5B8:=@@ <5G =GC@5H=CB <=;< EI5@=HM @=;BC79@@I@C@MH=7 657H9F=5=GC@5H9GK<=7<IG985G89;F589FC:@=;BC79@@I@CG=7 7CADCIB8G9GD97=5@@M5;F=7I@HIF5@K5GH9
&
%#$=;BC79@@I@C@MH=7657H9F=5=GC@5H9G7C898 /$5B8 /$<5G<=;<9GH56=@=HMC:@=;BC79@@I@CG=7GI6GHF5H9G K9F9 G<CK98 DFC8I798 <=;<9GH K=89 C: 7@95F NCB9 5B8 @=;BC79@@I@5G9 9BNMA9 57H=J=HM !HG =GC@5H9G DCH9BH=5@ HC 5DD@M CB CDH=A=N=B; H<9 IH=@=N5H=CB C: @C75@ F9GCIF79G 65G98CB 5;F=7I@HIF9 6MDFC8I7H :998GHI::GHCGIDDCFH:998 G97IF=HMC:FIA=B5BHDFC8I7H=CB
'$#
,<95IH<CFGK=G<HCH<5B?GHC H<9=F97HCF5H99B9F5@C: =;<9F 8I75H=CB &5H=CB5@ 8I75H=CB 9D5FHA9BH *9DI6@=7 C: !B8CB9G=5 5B8 -85M5B5 -B=J9FG=HM H<FCI;< CAD9H=H=J9 *9G95F7< F5BH :CF :IB8 GIDDCFH =B H<=G 9LD9F=A9BH,<5B?G5F95@GC8I9HC $56CF5HCFMC::9985B8 BIHF=H=CB 5B=A5@ 57I@HM C: B=A5@ IG65B8FM -85M5B5 -B=J9FG=HM :CF 5GG=GH5B79=B=GC@5H=CB5B87<5F57H9F=N5H=CB =GC@5H9G5B5@MG=G
"
"#23 =BH=B;+(,5BH5B;5B85B(9@I5B;(9A5B:55H5B(5?5B
$C?5@-BHI?(9B;9A65B;5B(9H9FB5?5B#5A6=B;8=!B8CB9G=5 $C?5 (9B9@=H=5B #5A6=B; (CHCB; (IG5H (9B9@=H=5B 85B (9B;9A65B;5B (9H9FB5?5B 27=H98 "5BI5FM 3 J5=@56@9 :FCA-*$ HHD D9H9FB5?5B@=H65B;89DH5B;C=8
23 9;5FHM * F99B CIG9 5G A=GG=CB FCA ,<9
CDMF=;<HO!"!*@@F=;<HF9G9FJ98
5:.85*:265*36;85*36/082,;3:;8.556<*:2659*5-".9.*8,1
&63;4. 99;. ## 5325.
23 %I8=H5!% ((/=65K5!//=F5K5B&/+=H=5B8!
$' 5?F5 !ADFCJ=B;H<9 &IHF=H=CB )I5@=HM C: CAD@9H9 998G 5G98 CB $C75@ /5GH9 K=H< 9FA9BH5H=CB 6M *IA9B $=EICF 5B8 BNMA9 CAD@9L (5D9F 5H H<9 GH !BH9FB5H=CB5@+9A=B5FC:!B8CB9G=5B&IHF=H=CB5B8998+7=9B79 GGCG=5H=CB!&!(IFKC?9FHC
23 %I8=H5 ! % (( /=65K5 ! / /=F5K5B 5B8 ! & #5M5B5 -G9 5@= 5HH@9 *IA9B $=EICF /5GH9 5B8 ,9FA=H9G CB (FC8I?H=CB C: @H9FB5H=J9 =C=BC7I@@5BH 5B8 !HG DD@=75H=CB CB CAD9H=H=J9 5B8 +IGH5=B56@9 5@= 5HH@9 $=J9GHC7? 9J9@CDA9BH CAD9H=H=J9 *9G95F7< *9DCFH 57I@HM C: B=A5@ IG65B8FM -85M5B5 -B=J9FG=HM 9BD5G5F !B !B8CB9G=5BK=H<56GHF57H=BB;@=G<
23 (IHF=,!,158BM5!%%I8=H55B8I8=*5<5MI,
( =C:9FA9BH5H=CB C: *5H=CB 65G98 CB BCB7CBJ9BH=CB5@ @C75@ :998 K5GH9 CB 89J9@CDA9BH 7CAD9H=H=J9 5B8 GIGH5=B56@9 65@= 75HH@9 @=J9GHC7? CAD9H=H=J9 *9G95F7< F5BH IB89F H<9 B5H=CB5@ DF=CF=H=9G 57I@HM C: B=A5@ IG65B8FM -85M5B5 -B=J9FG=HM 9BD5G5F !B!B8CB9G=5BK=H<56GHF57H=BB;@=G< 23 +5FB?@CB; " / CB9 / (9@@=?55B 5B8 / 9B8F=?G
-H=@=N5H=CB C: *=79 +HF5K 5B8 =::9F9BH ,F95HA9BHG HC !ADFCJ9!HG998.5@I9:CF*IA=B5BHG*9J=9KG=5BIGH "B=A+7=.C@
23 CK5F8*$6CHG=".*9BG6IF;5B8 CK5F8G
$=;BC79@@I@CG9 =CH97<BC@C;M !GGI9G C: =C7CBJ9FG=CB 5B8 9BNMA9 (FC8I7H=CB :F=75B "CIFB5@ C: 6=CH97<BC@C;M J5=@56@9:FCA-*$ HHD KKKJHH:= =B: D8:27=H98 96FI5FM3
23 (9F9N " " %IBCNCF58C , 9 @5 *I6=5 5B8 " %5FH=B9N =C89;F585H=CB 5B8 =C@C;=75@ ,F95HA9BH C: 9@@I@CG9 9A=79@@I@CG95B8$=;B=B5BCJ9FJ=9K!BH%=7FC6=5@ 23 !G<=<5F5,,<9*C@9C:$5775G9=B$=;B=B=C89;F585H=CB
%=7FC6=C@<9A(CH9BDD
23 (5H<A5 " 5B8 & +5?H<=J9@ %=7FC6=5@ =J9FG=HM C: .9FA=7CADCGH 657H9F=5 H<5H L<=6=H -G9:I@ ;F=7I@HIF5@ ,F5=HG 5B8/5GH9%5B5;9A9BH(CH9BH=5@+DF=B;9F(@IG.C@
23 ';=ACHC#B8+!A5=H@5GC:*IA9B%=7FC6=C@C;M
"5D5B+7=9BH=:=7+C7=9H=9G(CF9GG,C?MC
23 +I6<5*5C&+=C:9FH=@=N9F=B;F=7I@HIF95B8CF9GHFM F898!BH9FB5H=C5@+7=9B79(I6@=G<9F&9K1CF?
23 :=C? " + 5G=7 5@7I@5H=CB :CF <9A=75@ 5B8 B=C@C;=75@B5@MG=G' !BH9FB5H=CB5@%5FM@5B8-+ 23 %=@@9F $ -G9 C: =B=HFCG5@=GM@=7 7=8 *95;9BH
%9H<C8:CF9H9FA=B5H=CBC:*98I7=B;+I;5FB5@<9A S
23 8B9M 5B8 " 5?9F %95GIF9A9BH C: 9@@I@5G9 7H=J=H=9G $56CF5HCFM B5@MH=75@ (FC798IF9 $( ,97<B=75@ *9DCFH &5H=CB5@ *9B9K56@9 B9F;M $56CF5HCFM C@9 CI@9J5F8C@89BC@CF58C
23 <CG9 , # %95GIF9A9BH C: 9@@I@5G9 7H=J=H=9G !BH9FB5H=CB5@ -B=CB C: (IF9 5B8 DD@=98 <9A=GHFM (IF9 5B8 DD@<9A.C@&C
23 !F:5B%+5:85F)+M98%B5899A!GC@5H=CB5B8
G7F99B=B;C:9@@I@C@MH=757H9F=5:FCA+C=@5B8'DH=A=N5H=CBC: 9@@I@5G9 (FC8I7H=CB 5B8 7H=J=HM ,IF? =MC?=AM5 9F;=G= 2,IF?=G<"CIFB5@C:=C7<9A=GHFM,IF?"=C7<9A3 S
23 $C1+5F5H5@9/%<9B%5="+<5B;
!GC@5H=CBC:79@@I@CG9<M8FC@MH=7657H9F=55B85DD@=75H=CBG C: H<9 79@@I@C@MH=7 9BNMA9G :CF 79@@I@CG=7 6=C<M8FC;9B DFC8I7H=CB BNMA9 5B8 %=7FC6=5@ ,97<BC@C;M "CIFB5@ S
23 %5?=%$!8F99G#,$9IB;5B8/)=B &9K@M
!GC@5H98 5B8 <5F57H9F=N98 57H9F=5 K=H< F95H DD@=75H=CB (CH9BH=5@:CF97CADCG=H=CBC:$=;BC79@@I@CG=7=CA5GG"CIFB5@ C: %C@97I@5F %=7FC6=C@C;M 5B8 =CH97<BC@C;M S
%$ "
B
#!
"*-.;-2:*
(@5795B885H9C:6=FH< 5@=!B8CB9G=5 8I75H=CB5@ 657?;FCIB8 +(H B=A5@ IG65B8FM -85M5B5 -B=J9FG=HM !B8CB9G=5 5B8 %( %5;=GH9F C: B=A5@ +7=9B79 -85M5B5 -B=J9FG=HM IFF9BH@M IB89FH5?=B; 8C7HCF5@ 98I75H=CB =B B=A5@ +7=9B79 :FCA H<9 -B=J9FG=HM C: -85M5B5 =B BCK
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
CDMF=;<HO!"!*@@F=;<HF9G9FJ98
5:.85*:265*36;85*36/082,;3:;8.556<*:2659*5-".9.*8,1
&63;4. 99;. ## 5325.
23 %I8=H5!% ((/=65K5!//=F5K5B&/+=H=5B8!
$' 5?F5 !ADFCJ=B;H<9 &IHF=H=CB )I5@=HM C: CAD@9H9 998G 5G98 CB $C75@ /5GH9 K=H< 9FA9BH5H=CB 6M *IA9B $=EICF 5B8 BNMA9 CAD@9L (5D9F 5H H<9 GH !BH9FB5H=CB5@+9A=B5FC:!B8CB9G=5B&IHF=H=CB5B8998+7=9B79 GGCG=5H=CB!&!(IFKC?9FHC
23 %I8=H5 ! % (( /=65K5 ! / /=F5K5B 5B8 ! & #5M5B5 -G9 5@= 5HH@9 *IA9B $=EICF /5GH9 5B8 ,9FA=H9G CB (FC8I?H=CB C: @H9FB5H=J9 =C=BC7I@@5BH 5B8 !HG DD@=75H=CB CB CAD9H=H=J9 5B8 +IGH5=B56@9 5@= 5HH@9 $=J9GHC7? 9J9@CDA9BH CAD9H=H=J9 *9G95F7< *9DCFH 57I@HM C: B=A5@ IG65B8FM -85M5B5 -B=J9FG=HM 9BD5G5F !B !B8CB9G=5BK=H<56GHF57H=BB;@=G<
23 (IHF=,!,158BM5!%%I8=H55B8I8=*5<5MI,
( =C:9FA9BH5H=CB C: *5H=CB 65G98 CB BCB7CBJ9BH=CB5@ @C75@ :998 K5GH9 CB 89J9@CDA9BH 7CAD9H=H=J9 5B8 GIGH5=B56@9 65@= 75HH@9 @=J9GHC7? CAD9H=H=J9 *9G95F7< F5BH IB89F H<9 B5H=CB5@ DF=CF=H=9G 57I@HM C: B=A5@ IG65B8FM -85M5B5 -B=J9FG=HM 9BD5G5F !B!B8CB9G=5BK=H<56GHF57H=BB;@=G< 23 +5FB?@CB; " / CB9 / (9@@=?55B 5B8 / 9B8F=?G
-H=@=N5H=CB C: *=79 +HF5K 5B8 =::9F9BH ,F95HA9BHG HC !ADFCJ9!HG998.5@I9:CF*IA=B5BHG*9J=9KG=5BIGH "B=A+7=.C@
23 CK5F8*$6CHG=".*9BG6IF;5B8 CK5F8G
$=;BC79@@I@CG9 =CH97<BC@C;M !GGI9G C: =C7CBJ9FG=CB 5B8 9BNMA9 (FC8I7H=CB :F=75B "CIFB5@ C: 6=CH97<BC@C;M J5=@56@9:FCA-*$ HHD KKKJHH:= =B: D8:27=H98 96FI5FM3
23 (9F9N " " %IBCNCF58C , 9 @5 *I6=5 5B8 " %5FH=B9N =C89;F585H=CB 5B8 =C@C;=75@ ,F95HA9BH C: 9@@I@CG9 9A=79@@I@CG95B8$=;B=B5BCJ9FJ=9K!BH%=7FC6=5@ 23 !G<=<5F5,,<9*C@9C:$5775G9=B$=;B=B=C89;F585H=CB
%=7FC6=C@<9A(CH9BDD
23 (5H<A5 " 5B8 & +5?H<=J9@ %=7FC6=5@ =J9FG=HM C: .9FA=7CADCGH 657H9F=5 H<5H L<=6=H -G9:I@ ;F=7I@HIF5@ ,F5=HG 5B8/5GH9%5B5;9A9BH(CH9BH=5@+DF=B;9F(@IG.C@
23 ';=ACHC#B8+!A5=H@5GC:*IA9B%=7FC6=C@C;M
"5D5B+7=9BH=:=7+C7=9H=9G(CF9GG,C?MC
23 +I6<5*5C&+=C:9FH=@=N9F=B;F=7I@HIF95B8CF9GHFM F898!BH9FB5H=C5@+7=9B79(I6@=G<9F&9K1CF?
23 :=C? " + 5G=7 5@7I@5H=CB :CF <9A=75@ 5B8 B=C@C;=75@B5@MG=G' !BH9FB5H=CB5@%5FM@5B8-+ 23 %=@@9F $ -G9 C: =B=HFCG5@=GM@=7 7=8 *95;9BH
%9H<C8:CF9H9FA=B5H=CBC:*98I7=B;+I;5FB5@<9A S
23 8B9M 5B8 " 5?9F %95GIF9A9BH C: 9@@I@5G9 7H=J=H=9G $56CF5HCFM B5@MH=75@ (FC798IF9 $( ,97<B=75@ *9DCFH &5H=CB5@ *9B9K56@9 B9F;M $56CF5HCFM C@9 CI@9J5F8C@89BC@CF58C
23 <CG9 , # %95GIF9A9BH C: 9@@I@5G9 7H=J=H=9G !BH9FB5H=CB5@ -B=CB C: (IF9 5B8 DD@=98 <9A=GHFM (IF9 5B8 DD@<9A.C@&C
23 !F:5B%+5:85F)+M98%B5899A!GC@5H=CB5B8
G7F99B=B;C:9@@I@C@MH=757H9F=5:FCA+C=@5B8'DH=A=N5H=CBC: 9@@I@5G9 (FC8I7H=CB 5B8 7H=J=HM ,IF? =MC?=AM5 9F;=G= 2,IF?=G<"CIFB5@C:=C7<9A=GHFM,IF?"=C7<9A3 S
23 $C1+5F5H5@9/%<9B%5="+<5B;
!GC@5H=CBC:79@@I@CG9<M8FC@MH=7657H9F=55B85DD@=75H=CBG C: H<9 79@@I@C@MH=7 9BNMA9G :CF 79@@I@CG=7 6=C<M8FC;9B DFC8I7H=CB BNMA9 5B8 %=7FC6=5@ ,97<BC@C;M "CIFB5@ S
23 %5?=%$!8F99G#,$9IB;5B8/)=B &9K@M
!GC@5H98 5B8 <5F57H9F=N98 57H9F=5 K=H< F95H DD@=75H=CB (CH9BH=5@:CF97CADCG=H=CBC:$=;BC79@@I@CG=7=CA5GG"CIFB5@ C: %C@97I@5F %=7FC6=C@C;M 5B8 =CH97<BC@C;M S
%$ "
B
#!
"*-.;-2:*
(@5795B885H9C:6=FH< 5@=!B8CB9G=5 8I75H=CB5@ 657?;FCIB8 +(H B=A5@ IG65B8FM -85M5B5 -B=J9FG=HM !B8CB9G=5 5B8 %( %5;=GH9F C: B=A5@ +7=9B79 -85M5B5 -B=J9FG=HM IFF9BH@M IB89FH5?=B; 8C7HCF5@ 98I75H=CB =B B=A5@ +7=9B79 :FCA H<9 -B=J9FG=HM C: -85M5B5 =B BCK
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
CDMF=;<HO!"!*@@F=;<HF9G9FJ98
5:.85*:265*36;85*36/082,;3:;8.556<*:2659*5-".9.*8,1
&63;4. 99;. ## 5325.
23 %I8=H5!% ((/=65K5!//=F5K5B&/+=H=5B8!
$' 5?F5 !ADFCJ=B;H<9 &IHF=H=CB )I5@=HM C: CAD@9H9 998G 5G98 CB $C75@ /5GH9 K=H< 9FA9BH5H=CB 6M *IA9B $=EICF 5B8 BNMA9 CAD@9L (5D9F 5H H<9 GH !BH9FB5H=CB5@+9A=B5FC:!B8CB9G=5B&IHF=H=CB5B8998+7=9B79 GGCG=5H=CB!&!(IFKC?9FHC
23 %I8=H5 ! % (( /=65K5 ! / /=F5K5B 5B8 ! & #5M5B5 -G9 5@= 5HH@9 *IA9B $=EICF /5GH9 5B8 ,9FA=H9G CB (FC8I?H=CB C: @H9FB5H=J9 =C=BC7I@@5BH 5B8 !HG DD@=75H=CB CB CAD9H=H=J9 5B8 +IGH5=B56@9 5@= 5HH@9 $=J9GHC7? 9J9@CDA9BH CAD9H=H=J9 *9G95F7< *9DCFH 57I@HM C: B=A5@ IG65B8FM -85M5B5 -B=J9FG=HM 9BD5G5F !B !B8CB9G=5BK=H<56GHF57H=BB;@=G<
23 (IHF=,!,158BM5!%%I8=H55B8I8=*5<5MI,
( =C:9FA9BH5H=CB C: *5H=CB 65G98 CB BCB7CBJ9BH=CB5@ @C75@ :998 K5GH9 CB 89J9@CDA9BH 7CAD9H=H=J9 5B8 GIGH5=B56@9 65@= 75HH@9 @=J9GHC7? CAD9H=H=J9 *9G95F7< F5BH IB89F H<9 B5H=CB5@ DF=CF=H=9G 57I@HM C: B=A5@ IG65B8FM -85M5B5 -B=J9FG=HM 9BD5G5F !B!B8CB9G=5BK=H<56GHF57H=BB;@=G< 23 +5FB?@CB; " / CB9 / (9@@=?55B 5B8 / 9B8F=?G
-H=@=N5H=CB C: *=79 +HF5K 5B8 =::9F9BH ,F95HA9BHG HC !ADFCJ9!HG998.5@I9:CF*IA=B5BHG*9J=9KG=5BIGH "B=A+7=.C@
23 CK5F8*$6CHG=".*9BG6IF;5B8 CK5F8G
$=;BC79@@I@CG9 =CH97<BC@C;M !GGI9G C: =C7CBJ9FG=CB 5B8 9BNMA9 (FC8I7H=CB :F=75B "CIFB5@ C: 6=CH97<BC@C;M J5=@56@9:FCA-*$ HHD KKKJHH:= =B: D8:27=H98 96FI5FM3
23 (9F9N " " %IBCNCF58C , 9 @5 *I6=5 5B8 " %5FH=B9N =C89;F585H=CB 5B8 =C@C;=75@ ,F95HA9BH C: 9@@I@CG9 9A=79@@I@CG95B8$=;B=B5BCJ9FJ=9K!BH%=7FC6=5@ 23 !G<=<5F5,,<9*C@9C:$5775G9=B$=;B=B=C89;F585H=CB
%=7FC6=C@<9A(CH9BDD
23 (5H<A5 " 5B8 & +5?H<=J9@ %=7FC6=5@ =J9FG=HM C: .9FA=7CADCGH 657H9F=5 H<5H L<=6=H -G9:I@ ;F=7I@HIF5@ ,F5=HG 5B8/5GH9%5B5;9A9BH(CH9BH=5@+DF=B;9F(@IG.C@
23 ';=ACHC#B8+!A5=H@5GC:*IA9B%=7FC6=C@C;M
"5D5B+7=9BH=:=7+C7=9H=9G(CF9GG,C?MC
23 +I6<5*5C&+=C:9FH=@=N9F=B;F=7I@HIF95B8CF9GHFM F898!BH9FB5H=C5@+7=9B79(I6@=G<9F&9K1CF?
23 :=C? " + 5G=7 5@7I@5H=CB :CF <9A=75@ 5B8 B=C@C;=75@B5@MG=G' !BH9FB5H=CB5@%5FM@5B8-+ 23 %=@@9F $ -G9 C: =B=HFCG5@=GM@=7 7=8 *95;9BH
%9H<C8:CF9H9FA=B5H=CBC:*98I7=B;+I;5FB5@<9A S
23 8B9M 5B8 " 5?9F %95GIF9A9BH C: 9@@I@5G9 7H=J=H=9G $56CF5HCFM B5@MH=75@ (FC798IF9 $( ,97<B=75@ *9DCFH &5H=CB5@ *9B9K56@9 B9F;M $56CF5HCFM C@9 CI@9J5F8C@89BC@CF58C
23 <CG9 , # %95GIF9A9BH C: 9@@I@5G9 7H=J=H=9G !BH9FB5H=CB5@ -B=CB C: (IF9 5B8 DD@=98 <9A=GHFM (IF9 5B8 DD@<9A.C@&C
23 !F:5B%+5:85F)+M98%B5899A!GC@5H=CB5B8
G7F99B=B;C:9@@I@C@MH=757H9F=5:FCA+C=@5B8'DH=A=N5H=CBC: 9@@I@5G9 (FC8I7H=CB 5B8 7H=J=HM ,IF? =MC?=AM5 9F;=G= 2,IF?=G<"CIFB5@C:=C7<9A=GHFM,IF?"=C7<9A3 S
23 $C1+5F5H5@9/%<9B%5="+<5B;
!GC@5H=CBC:79@@I@CG9<M8FC@MH=7657H9F=55B85DD@=75H=CBG C: H<9 79@@I@C@MH=7 9BNMA9G :CF 79@@I@CG=7 6=C<M8FC;9B DFC8I7H=CB BNMA9 5B8 %=7FC6=5@ ,97<BC@C;M "CIFB5@ S
23 %5?=%$!8F99G#,$9IB;5B8/)=B &9K@M
!GC@5H98 5B8 <5F57H9F=N98 57H9F=5 K=H< F95H DD@=75H=CB (CH9BH=5@:CF97CADCG=H=CBC:$=;BC79@@I@CG=7=CA5GG"CIFB5@ C: %C@97I@5F %=7FC6=C@C;M 5B8 =CH97<BC@C;M S
%$ "
B
#!
"*-.;-2:*
(@5795B885H9C:6=FH< 5@=!B8CB9G=5 8I75H=CB5@ 657?;FCIB8 +(H B=A5@ IG65B8FM -85M5B5 -B=J9FG=HM !B8CB9G=5 5B8 %( %5;=GH9F C: B=A5@ +7=9B79 -85M5B5 -B=J9FG=HM IFF9BH@M IB89FH5?=B; 8C7HCF5@ 98I75H=CB =B B=A5@ +7=9B79 :FCA H<9 -B=J9FG=HM C: -85M5B5 =B BCK