IFI T@P)6?R)5@GS)-=QC=O)6?W
*@)KbBPRA?=)@Q)SCA?=OG)VBOb)@_?AV?BIbO)C=R)@c?GBON)bC_?)C=)B=KA?CG?R)
ABGd)@Q)R?_?P@SB=I)@c?GBON)C=R)KbC=I?G)B=)cP@@R)SA?GGJA?e
"
3,6,'0#(
03%,-#$,/bJ68+x8–*?6:$x8–*?6:K%+,/bJ68+Q:JFKP+N;9:/0/;+,6?/*;$W:;X1KL+;*?+";EJ68+B81:67$@J6:9;%
!T.#"!%#
TCKdIA@J=RM+!A+5;:6*97+;*?+0S/8?:6*+7S;:6+b6*69/0+;*?+710/160181b/0;8+A;091:7K+/9+/7+6.56096?+9S;9+9S6/:+*J9:/9/1*;8+79;9J7+;871+7S;:67+;+ 08176+:68;9/1*7S/5M+GS6+1]<609/X6+1A+9S/7+79J?d+k;7+91+/?6*9/Ad+;*?+6X;8J;96+9S6+;7710/;9/1*+]69k66*+*J9:/9/1*;8+79;9J7+;*?+]811?+5:677J:6+ 1A+5;:6*97+;*?+9S6/:+0S/8?:6*M
6?Ob@RGM+u6/bS9K+S6/bS9K+k;/79+0/:0JEA6:6*06+;*?+]811?+5:677J:6+k6:6+E6;7J:6?+/*+5;:6*97+;*?+70S118$;b6+0S/8?:6*M+u6+0;80J8;96?+9S6+ :/7l+1A+1]67/9d+/*+0S/8?:6*+;001:?/*b+91+9S6+*J9:/9/1*;8+79;9J7+1A+9S6+5;:6*97M+W811?+5:677J:6+k;7+6X;8J;96?+]d+8/*6;:+:6b:677/1*+J7/*b+9S6+ 5;:6*9m7+]811?+5:677J:6+;7+;*+/*?656*?6*9+X;:/;]86M
"?GJPOGM+!*08J?6?+/*+9S6+79J?d+k6:6+P4'+1]676+0S/8?:6*+;*?+P4[+6J9:15S/0+0S/8?:6*M+GS6+A:6OJ6*0d+1A+1]67/9d+/*+5;:6*97+1A+1]676+0S/8?:6*+ k;7+L[„+A1:+E19S6:7+;*?+('M%„+A1:+A;9S6:7M+!*+5;:6*97+1A+6J9:15S/0+0S/8?:6*K+9S6+A:6OJ6*0d+k;7+%'MR„+;*?+%RM%„K+:675609/X68dK+A1:+E19S6:7+ ;*?+A;9S6:7M+QS/8?:6*+kS176+5;:6*97+S;?+S/bS6:+]811?+5:677J:6+X;8J67+S;?+S/bS6:+86X687+1A+]811?+5:677J:6+9S;*+0S/8?:6*+kS176+5;:6*97+ S;?+81k6:+X;8J67+1A+]811?+5:677J:6M+QS/8?:6*+1A+1X6:k6/bS9+E19S6:7+7S1k6?+;+:/7l+1A+(M'+Y&-…4M44%Z+91+5:676*9+k/9S+1]67/9dK+kS6:6;7+/*+ 0S/8?:6*+1A+1]676+E19S6:7+9S6+:/7l+/*0:6;76?+91+&M'+Y&-…4M44%ZM
%@=KPJGB@=GM+\+79:1*b+;7710/;9/1*+k;7+?6E1*79:;96?+]69k66*+*J9:/9/1*;8+79;9J7+1A+5;:6*97+k/9S+9S6+5:676*06+1A+1]67/9d+;*?+S/bS+]811?+ 5:677J:6+/*+9S6/:+0S/8?:6*M
U?NV@ARG2+1]67/9dK+0S/8?:6*K+]811?+5:677J:6K+5;:6*97M
%+ >65;:9;E6*91+?6+!*X679/b;0/D*+6*+";8J?+Q1EJ*/9;:/;K+L>65;:$
9;E6*91+?6+)*?10:/*181ba;K+@175/9;8+!*A;*9/8+?6+,-./01+B6?6:/01+ CDE6FK+,6./01K+>MBMK+,6./01
P+ =*/?;?+?6+!*X679/b;0/D*+,-?/0;+6*+W/1OJaE/0;K+=,\)+W6:*;:$
?1+"65h8X6?;K+!*79/9J91+,6./0;*1+?68+"6bJ:1+"10/;8K+,6./01K+ >MBMK+,6./01
!"##$%&"'($')$H >:M+";EJ68+B81:67+@J6:9;
>65;:9;E6*91+?6+!*X679/b;0/D*+6*+";8J?+Q1EJ*/9;:/; @175/9;8+!*A;*9/8+?6+,-./01+B6?6:/01+CDE6F
,6./01K+>MBMK+,6./01
)$E;/82+{1:67SJ6:9;E?fbE;/8M01E
`606/X6?+A1:+5J]8/0;9/1*2+%4$%L$%% \006596?+A1:+5J]8/0;9/1*2+%4$P($%%
-0#"(*&%#-(0
O@"$%.N( %$( /( ,F@-%)( b"/-.b( ,#*@-"+( H*#-DH%D"( .b/.( %$( c'*H'(.*(b/S"(0"'".%)(D"."#+%'/'.$(@F.(/-$*(b/$($.#*'0( "'S%#*'+"'./-(%'hF"')"$W(V#*+(.b"(0"'".%)(,*%'.(*a(S%"HT( %.( %$( c'*H'( .b/.( /( )/##%"#( *a( /'( /--"-"( *a( .b"( V[O( 0"'"( ,#"$"'.$( /( =:n( %')#"/$"D( #%$c( a*#( *@"$%.NT( @F.( %'( .b*$"( )/##N%'0(.b"(.H*(/--"-"$T(.b"(#%$c(%')#"/$"$(.*(6]nW5([b"(
/$$*)%/.%*'(@".H""'(.b"(V[O(0"'"(/'D(*@"$%.N(%$(*'"(*a( .b"($.#*'0(/$$*)%/.%*'$(@".H""'(0"'*.N,"(/'D(,b"'*.N,"( %D"'.%M"D(.*(D/."W(U$%'0(+*D"#'(0"'*+%)(.")b'%jF"$(H"( b/S"(@""'(/@-"(.*(#"S"/-(.b/.(/,,#*B%+/."-N(*'"($%B.b(*a( .b"(,*,F-/.%*'(H%.b(?F#*,"/'(/')"$.#N(%$(b*+*dN0*F$(a*#( .b%$(/--"-"W(4*H/D/N$(.b"#"(/#"($"S"#/-()/'D%D/."(0"'"$(%'( /DD%.%*'(.*(V[OW(
IFJ
U18M+&VK+#1X6E]6:$>606E]6:+P4%%
$*)%/-('".H*#c$(Ja/+%-NT(a#%"'D$T(-%a"(,/#.'"#$T(/$$*)%/."$K( b/S"(@""'(#")*0'%d"D(/$(/(a/).*#(/aa").%'0(.b"(%')%D"')"( *a($*+"(D%$"/$"$(%')-FD%'0(*@"$%.NW(2.(%$($F#,#%$%'0(.*(-"/#'( .b/.(.b"(%'."#/).%*'$(*a($*)%/-('".H*#c$(/#"(/-$*(a*F'D(/.( )-%'%)/-(/'D(+"./@*-%)(-"S"-$(/'D(/.()"--F-/#(/'D(+*-")F-/#( -"S"-$(H%.b(.b"(0#"/."$.(%'."#"$.(@"%'0(.*(D"."#+%'"(b*H( .b"$"(%'."#/).%*'$(a/S*#(.b"(/)jF%$%.%*'(*a()"#./%'(D%$"/$"$W
2'( .b"( )/$"( *a( $)b**-8/0"( )b%-D#"'T( #"0/#D-"$$( *a( .b"( 0"'".%)( a/).*#$T( ,/#"'.$( /'D( )b%-D#"'( $b/#"( .b"( $/+"( $*)%*")*-*0%)/-( "'S%#*'+"'.( @")/F$"( .b"( b*+"( %$( .b"( $%."( Hb"#"( ,/#"'.$( .#/'$+%.( b/@%.$( /'D( )F$.*+$( .*( .b"%#( )b%-D#"'W(2'(C"B%)*T(H%.b(.b"(D/./(a#*+(.b"(5;;;(4/.%*'/-(
Z"/-.b(/'D(4F.#%.%*'(3F#S"NT7(/(M#$.(/.."+,.(H/$(+/D"(.*(
D"."#+%'"( .b"( #%$c( *a( )b%-D#"'( @")*+%'0( *S"#H"%0b.( *#( *@"$"(%a(.b"%#(+*.b"#(H/$(*S"#H"%0b.(*#(*@"$"W(Eb%-D#"'( *a(*S"#H"%0b.(+*.b"#$(H"#"(5W;(.%+"$(+*#"(-%c"-N(.*(@"( *@"$"(/'D(=W9(.%+"$(+*#"(-%c"-N(.*(@"(*@"$"(%a(.b"(+*.b"#( H/$(*@"$"W(2'(.b%$()*'."B.T(.b"(a/+%-N(/,,"/#$(.*(@"(/(#%$c(
a/).*#(a*#(/)jF%#%'0(.b%$(D%$"/$"W6([b%$($/+"(#"-/.%*'$b%,(
b/$(@""'()*'M#+"D(%'(*.b"#($.FD%"$(@".H""'(+/."#'/-()b/8 #/)."#%$.%)$(/'D(.b*$"(*a(.b"%#()b%-D#"'T](/-.b*F0b(*'-N(a"H( /F.b*#$(b/S"("S/-F/."D(.b"(#"-/.%*'$b%,(@".H""'(,/#"'./-( )b/#/)."#%$.%)$( /'D( .b*$"( *a( .b"%#( )b%-D#"'W<T;( L%c"H%$"T( Hb"'("S/-F/.%'0(.b"()/#D%*S/$)F-/#(#%$c(a/).*#$(%'()b%-D#"'T( H"($""(.b/.(.b"%#(,/#"'.$(/-$*(b/S"(.b"$"($/+"(a/).*#$T(@F.( H%.b(/'("-"S/."D(#%$c(*a(D"S"-*,%'0(.b"$"(D%$"/$"$W5:(2.(b/$( /-$*( @""'( $b*H'( .b/.( Hb"'( )b%-D#"'( ,#"$"'.( H%.b( bN,"8 #%'$F-%'"+%/T(.b"("B,#"$$%*'(*a(+"./@*-%)(#%$c(%$(b%0b"#(%a( .b"N(b/S"(/(b%$.*#N(*a(.N,"(>(D%/@"."$T(H%.b*F.(D%$.%'0F%$8 b%'0( @".H""'( 0"'".%)( /'D( "'S%#*'+"'./-( %'."#/).%*'$W55( Z*H"S"#T(.b"(,*$$%@-"(/$$*)%/.%*'(*a(@-**D(,#"$$F#"(JIPK( @".H""'( ,/#"'.$( /'D( )b%-D#"'( b/$( @""'( ,**#-N( $.FD%"DW( `%S"'(.b"(,/'D"+%)(*a(*S"#H"%0b.(/'D(*@"$%.NT(.b"#"(%$( /(,/#/--"-(%')#"/$"(%'(IP(@F.(/(-/)c(*a(%'a*#+/.%*'(/@*F.( .b"(/$$*)%/.%*'(@".H""'(D%$"/$"$W(2'(.b%$($.FDN(H"("B,-*#"( .b"(/$$*)%/.%*'(@".H""'('F.#%.%*'/-($./.F$(/'D(IP(S/-F"$( *a(,/#"'.$(H%.b(.b"%#()b%-D#"'W
.&TF+%#.)!0*)6+#5(*.)
i"()*'DF)."D(/()/$"8)*'.#*-($.FDN(a#*+(4*S"+@"#(>::]( .*( 4*S"+@"#( >::;( %'( '%'"( ,F@-%)( /'D( ,#%S/."( ,#%+/#N( $)b**-$(%'(C"B%)*(E%.NW([b"(,#*.*)*-(H/$(/,,#*S"D(@N( .b"(E*++%..""$(a*#(R"$"/#)b(/'D(?.b%)$(%'(2'S"$.%0/.%*'( /'D(I%*$/a".N(*a(.b"(Eb%-D#"'r$(Z*$,%./-(*a(C"B%)*(V"8 D"#%)*( `*+"dW( 3F@$"jF"'.-NT( H"( *@./%'"D( ,"#+%$$%*'(
*a( $)b**-( /F.b*#%.%"$( .*( )/##N( *F.( .b"( $.FDNW( P/#"'.$( *a( $.FDN()b%-D#"'(,#*S%D"D(H#%.."'(%'a*#+"D()*'$"'.(/'D(/--( )b%-D#"'(/'D(/D*-"$)"'.$(,#*S%D"D(/$$"'.(.*(,/#.%)%,/."( %'(.b"($.FDNW
2'(.b"(M#$.(,b/$"(*a(.b"($.FDNT(.b"(a*--*H%'0(H"#"(D"."#8 +%'"D\(H"%0b.T(b"%0b.(/'D(H/%$.()%#)F+a"#"')"(JiEK(*a( .b"()b%-D#"'(.*(%D"'.%aN()b%-D#"'(H%.b(*@"$%.N(J)/$"$K(/'D( .b*$"()b%-D#"'(H%.b('*#+/-(H"%0b.(J)*'.#*-$KW(i"%0b.(H/$( +"/$F#"D(*'(/(D%0%./-($)/-"(J3")/T(Z/+@F#0T(`"#+/'NKm( b"%0b.(H/$(+"/$F#"D(H%.b(/($./D%*+"."#(J3")/($./D%*+"."#( >>7K( /'D( iE( H/$( +"/$F#"D( @".H""'( .b"( b%0b"$.( ,*%'.( *a(.b"(%-%/)()#"$.(/'D(.b"(-*H"#()*$./-(+/#0%'(%'(.b"(+%D8 /B%--/#N(-%'"T(/.(.b"("'D(*a(/'("Bb/-/.%*'T(H%.b(.b"($F@e").( $./'D%'0(*'(/'(/'.b#*,*+".#%)(@"')b($*(.b/.(Hb"'(./c%'0( .b"(#"/D%'0(.b"(,/#/--/B("##*#(D")#"/$"$W(E*'$%D"#%'0(.b"(
S/-F"$(*a(.b"(4ZG4?3(222(J&'21"0'+%=,'+2:%'03%&<2(1>
21"0% ?@'510'21"0% ;<(A,7KT( H"( )-/$$%M"D( iE( %'.*( .b#""( )/."0*#%"$\(5K(%a(iE(H/$({]7.b(,"#)"'.%-"m(>K(%a(.b"(iE( H/$(a#*+(.b"(]7.b(.*(.b"(<;W;.b(,"#)"'.%-"(/'D(=K(%a(iE(H/$( p;:.b(,"#)"'.%-"W5>(I-**D(,#"$$F#"(H/$(+"/$F#"D(%'(.b"(#%0b.( /#+(DF#%'0(*'"(S%$%.(F$%'0(/(+"#)F#N($,bN0+*+/'*+"."#( JGLPq>T( [*cN*T( X/,/'K( /'D( H%.b( /( )Faa( /,,#*,#%/."( .*( .b"(-"'0.b(/'D()%#)F+a"#"')"(*a(.b"(/#+(*a(.b"()b%-D#"'T( a*--*H%'0(.b"(0F%D"-%'"$(*a(.b"(&'21"0'+%=16:%B+""3%C(,#> #<(,%?3<9'21"0%C("6('5(a#*+(>::9W5=(Ga."#(#"$.%'0(a*#(7( +%'T(H"(.**c(a*F#(IP(#"/D%'0$(a*#("/)b(,/#.%)%,/'.(%'(/( $%..%'0(,*$%.%*'T(H%.b(/(.%+"(-/0(*a(5(.*(>(+%'(@".H""'("/)b( +"/$F#"+"'.W( [b"( M#$.( #"/D%'0( H/$( "-%+%'/."D( /'D( H"( )*'$%D"#"D(/$(.b"(,#"$$F#"(S/-F"(.b"(/S"#/0"(,#"$$F#"(*a(.b"( -/$.(.b#""(+"/$F#"+"'.$W(I-**D(,#"$$F#"(H/$()*'$%D"#"D( "-"S/."D(%a(.b"('F+@"#$(H"#"(‚;:.b(,"#)"'.%-"(/))*#D%'0( .*(/0"T(0"'D"#(/'D(b"%0b.W5=(O@"$%.N(H/$()*'$%D"#"D(%a(.b"( @*DN(+/$$(%'D"B(JIC2K(H/$(‚;7.b(,"#)"'.%-"(a*#(/0"(/'D( 0"'D"#( /))*#D%'0( .*( .b"( #"a"#"')"( a#*+( .b"( E"'."#$( a*#( ^%$"/$"( E*'.#*-( /'D( P#"S"'.%*'( JE^EK( >:::W59( 2'( .*./-T( 5T995( )b%-D#"'( H"#"( $F#S"N"Dm( >:;( *@"$"( )b%-D#"'( H"#"( $"-")."D(/'D(>:7()b%-D#"'(Hb*$"(IC2(H/$({]7.b(,"#)"'.%-"( a*#(/0"(/'D(0"'D"#(H"#"($"-")."D(/$()*'.#*-$W(
3F@$"jF"'.-NT(,/#"'.$(H"#"(%'S%."D(.*(,/#.%)%,/."W(i"( +"/$F#"D( .b"%#( H"%0b.T( b"%0b.T( iE( /'D( IP( /))*#D%'0( .*(.b"($/+"()*'D%.%*'$(/$(.b"%#()b%-D#"'W(i"()*'$%D"#"D( *S"#H"%0b.(%a(.b"(IC2(H/$(‚>7(c0A+ƒ(@F.({=:(c0A+ƒ(/'D(
*@"$"(%a(.b"(IC2(H/$(‚(=:(c0A+ƒW57(iE(H/$()-/$$%M"D(/$(
b%0b(#%$c(%a(%.(H/$(p<:(@F.({<<()+(%'(a"+/-"$(/'D(p;7(@F.( {5:>()+(%'(+/-"$m(-%c"H%$"T(%.(H/$()*'$%D"#"D(.*(@"(S"#N(
IFK T@P)6?R)5@GS)-=QC=O)6?W
ZN,"#."'$%*'(H/$()*'$%D"#"D(%a(.b"($N$.*-%)AD%/$.*-%)(IP( H/$(p59:A;:(a*#(@*.b(0"'D"#$W
.OCOBGOBKCP)!=CPNGBG)
[b"(+"/'(/'D($./'D/#D(D"S%/.%*'(*a(.b"(/'.b#*,*+".#%)( S/#%/@-"$(*a()b%-D#"'(/'D(.b"%#(,/#"'.$(H/$(*@./%'"D(/))*#8 D%'0(.*(*@"$%.N(*#('*#+/-(H"%0b.(*a(.b"()b%-D#"'W(3.FD"'.„$(.( ."$.(H/$(F$"D(a*#(/$$"$$+"'.(*a(D%aa"#"')"$(*a(%'D","'D"'.( $/+,-"$W(i"()/-)F-/."D(.b"(,#"S/-"')"(*a(0"'"#/-(*@"$%.NT( )"'.#/-(*@"$%.N(/'D(bN,"#."'$%*'(%'(.b"(,/#"'.$(/))*#D%'0( .*(.b"('F.#%.%*'/-($./.F$(*a(.b"%#()b%-D#"'T("S/-F/.%'0(.b"( D%aa"#"')"$(F$%'0(.b"($>(."$.W([b"(/$$*)%/.%*'(@".H""'(.b"( $.FD%"D( S/#%/@-"$( @".H""'( ,/#"'.$( /'D( )b%-D#"'( H/$( "B8 ,-*#"DW(U$%'0(-*0%$.%)(#"0#"$$%*'T(.b"("aa").(*a('F.#%.%*'/-( $./.F$(*a(.b"(,/#"'.$(H%.b(.b"(,#"$"')"(*a(*@"$%.N(*a(.b"%#( )b%-D#"'(H/$("S/-F/."DW(GDD%.%*'/--NT(.b"(,/#"'.$„(IP(H/$( D%S%D"D(%'.*(."#.%-"$(/'D(.b#*F0b(-%'"/#(#"0#"$$%*'(+*D"-$( H"( "S/-F/."D( %.$( "aa").( *'( IP( S/-F"$( *a( .b"%#( )b%-D#"'W( 3./.%$.%)/-(/'/-N$%$(H/$(,"#a*#+"D(F$%'0(3[G[GA3?(SW55W:( J3././(E*#,WT(E*--"0"(3./.%*'T([…KW
"+.&'#.)
V*F#( bF'D#"D( /'D( a*F#.""'( )b%-D#"'( ,/#.%)%,/."D\( >:;( *@"$"()b%-D#"'(/'D(>:7()*'.#*-$W(L%c"H%$"T(==:(+*.b"#$( J<:nK(/'D(56](a/.b"#$(J9:nK(,/#.%)%,/."D(%'(.b"($.FDNW( [/@-"( 5( $b*H$( .b"( /'.b#*,*+".#%)( )b/#/)."#%$.%)$( /'D( IP(+"/$F#"+"'.$(a*#(.b"()b%-D#"'(J)/$"$(/'D()*'.#*-$K( /$(H"--(/$(.b*$"(*a(.b"%#(,/#"'.$W(G$("B,")."DT(@")/F$"( *a(.b"($.FDN(D"$%0'T(*@"$"()b%-D#"'($b*H"D($%0'%a%)/'.-N( b%0b"#(S/-F"$(%'(/--(.b"(+"/$F#"D(/'.b#*,*+".#%)(%'D%8 )/.*#$T()*+,/#"D(H%.b(.b"()*'.#*-()b%-D#"'W(2'(/DD%.%*'T( *@"$"()b%-D#"'(b/D($%0'%a%)/'.-N(b%0b"#(+"/$F#"+"'.$( *a( @*.b( $N$.*-%)( /'D( D%/$.*-%)( IPW( I*.b( +*.b"#$( /'D( a/.b"#$( *a( .b"( )b%-D#"'( H%.b( *@"$%.N( $b*H"D( "-"S/."D( iE( a%0F#"$T( IC2( /'D( $N$.*-%)( /'D( D%/$.*-%)( IP( )*+8 ,/#"D(H%.b(,/#"'.$(*a(.b"()*'.#*-()b%-D#"'W(2'()*'.#/$.( .*( Hb/.( H/$( a*F'D( %'( )b%-D#"'T( ,/#"'.$( *a( .b"( )*'.#*-( )b%-D#"'( D"+*'$.#/."D( .*( @"( ./--"#( .b/'( .b"( ,/#"'.$( *a( *@"$"()b%-D#"'W([/@-"(>($b*H$(.b"(,#"S/-"')"(*a(*@"$%.NT( 0"'"#/-(/$(H"--(/$()"'.#/-T(/'D("-"S/."D(IP(*a(.b"(,/#"'.$( %'(#"-/.%*'(.*(.b"%#()b%-D#"'„$(*@"$%.NW(2.(H/$(*@$"#S"D( %'(a/.b"#$(/'D(+*.b"#$(*a()b%-D#"'(H%.b(*@"$%.N(.b/.(.b"( ,#"S/-"')"(*a(*@"$%.N(H/$(b%0b"#T(/(.#"'D(.b/.(H/$(#"8 ,"/."D(Hb"'(/$$"$$%'0(.b"(,#"S/-"')"(*a()"'.#/-(*@"$%.NW( VF#.b"#+*#"T(.b"(,#"S/-"')"(*a(D%/$.*-%)(bN,"#."'$%*'(
H/$(b%0b"#(/+*'0(a/.b"#$(/'D(+*.b"#$(*a()b%-D#"'(H%.b(
*@"$%.N(J4({:W:7K()*+,/#"D(H%.b(.b"(a/.b"#$(/'D(+*.b"#$(
*a( '*#+/-( H"%0b.( )b%-D#"'T( /( D%aa"#"')"( .b/.( H/$( '*.( *@$"#S"D(H%.b($N$.*-%)(IPW
V%0F#"( 5( $b*H$( .b"( S/-F"$( *a( $N$.*-%)( /'D( D%/$.*-%)( IP( *a( )b%-D#"'( $.FD%"D( /))*#D%'0( .*( .b"( )*+@%'/.%*'( *a( *S"#H"%0b.(/'D(*@"$"(,/#"'.$W(G$($N$.*-%)(IP(JV%0F#"(5GK( $b*H$T( %a( @*.b( ,/#"'.$( b/S"( /( '*#+/-( IC2T( .b"( /S"#/0"( IP(*a(.b"%#()b%-D#"'(%$(;:(++Z0T(@F.(%a(@*.b(,/#"'.$(/#"( *@"$"(*#(%a(.b"(+*.b"#(%$(*@"$"(/'D(.b"(a/.b"#(%$(*S"#H"%0b.T(
.b"( M0F#"( #%$"$( .*( ;;( ++Z0( J4%{:W::5KW( ^%/$.*-%)( IP(
JV%0F#"(5IK($b*H$(/($%+%-/#(,/.."#'m(%a(@*.b(,/#"'.$(b/S"( /(H"%0b.()*'$%D"#"D('*#+/-T(.b"(/S"#/0"(D%/$.*-%)(IP(*a( .b"%#( )b%-D#"'( %$( 76( ++Z0T( @F.( Hb"'( @*.b( ,/#"'.$( /#"(
*@"$"T(IP(%')#"/$"(.*(6>(++Z0(J4%{:W::5KW
[/@-"(=($b*H$(.b"("aa").(*'(IP(S/-F"$(*a()b%-D#"'(/)8 )*#D%'0(.*(.b"(IP(."#.%-"(*a(.b"%#(,/#"'.$W(Eb%-D#"'(Hb*$"( +*.b"#$( /#"( %'( ."#.%-"( =( *a( $N$.*-%)( IP( $b*H( /'( /S"#/0"( *a( >W>( ++Z0( J;7n( E2( 8:W>m( 9W6K( b%0b"#( .b/'( )b%-D#"'( Hb*$"(+*.b"#$(/#"(%'(."#.%-"(5W(V*#(.b"("aa").(*a($N$.*-%)( IP(*a(.b"(,/#"'.$T(H"(*@$"#S"(.b/.(.b"()b%-D#"'(*a(,/#"'.$( Hb*(/#"(%'(."#.%-"(=(*a($N$.*-%)(IP($b*H"D(/'(%')#"/$"(*a( 9W>(++Z0(J;7n(E2(:W<m(]W7K()*+,/#"D(H%.b()b%-D#"'(*a( ,/#"'.$(Hb*(/#"(%'(."#.%-"(5W(VF#.b"#+*#"T(H"(*@$"#S"D(.b/.( D%/$.*-%)(IP(*a()b%-D#"'(%')#"/$"$(H%.b(%')#"/$%'0(IP(*a(
.b"(,/#"'.$T(M'D%'0(/'(%')#"/$"(*a(>W=(++Z0(J4%u(:W::]K(
/'D( >W]( J4%u( :W:9<K( %'( )b%-D#"'( Hb*$"( +*.b"#( *#( a/.b"#( H/$(%'(."#.%-"(=T(#"$,").%S"-NW
[*( "S/-F/."( .b"( "aa").( *a( *S"#H"%0b.( /'D( *@"$%.N( %'( +*.b"#$( /'D( a/.b"#$( %'( #"0/#D( .*( .b"( 'F.#%.%*'/-( $./.F$( *a(.b"%#()b%-D#"'T(H"(@F%-.(/(+F-.%S/#%/."(-*0%$.%)(#"0#"$8 $%*'(+*D"-(J[/@-"(9KW(2.(H/$(*@$"#S"D(a#*+(.b"(OR(=W;T( J;7n(E2(5W9T(5:W;K(.b/.(/()b%-D(H*F-D(@"(*@"$"(%a(.b"(a/.b"#( %$(*S"#H"%0b.T(@F.(H%.b(*@"$%.N(.b"(OR(%')#"/$"D(.*(5>W5( J;7n(E2(=W;m(=]W6KW(2'(+*.b"#$T(.b"(OR(H/$(9W7(J;7n(E2( >W]m(]W<K(/'D(6W7(J;7n(E2(=W6m(55W]K(a*#(*S"#H"%0b.(/'D( *@"$%.NT(#"$,").%S"-NW
IFC
U18M+&VK+#1X6E]6:$>606E]6:+P4%% *-.%&..-(0)
[b"( ,#"$"'.( $.FDN( $b*H$( .b/.( .b"( 'F.#%.%*'/-( $./.F$( *a( )b%-D#"'( $b*H$( /( $.#*'0( /$$*)%/.%*'( H%.b( .b"( 'F.#%.%*'/-( $./.F$(*a(.b"%#(,/#"'.$m(b*H"S"#T(H"($.%--('""D(.*("$./@-%$b( Hb".b"#(.b"($.#*'0(/$$*)%/.%*'(%$(DF"(.*(0"'".%)(*#("'S%8 #*'+"'./-(a/).*#$(*#(/()*+@%'/.%*'(*a(@*.bW(L%c"H%$"T(%.(%$( /-$*('")"$$/#N(.*(D"."#+%'"(.b"(+/0'%.FD"(*a(.b"("aa").(*a( "/)b(*a(.b"$"(a/).*#$W([b"(+/%'()*'.#%@F.%*'(*a(.b%$($.FDN(
%$(.b"(/$$*)%/.%*'(@".H""'(,/#"'./-('F.#%.%*'/-($./.F$(/'D( IP(S/-F"$(*a(.b"%#()b%-D#"'(/$(H"--(/$(.b"("aa").(.b/.(IP( S/-F"$(*a(,/#"'.$(b/S"(%'(#"0/#D(.*(.b"%#()b%-D#"'(a#*+(.b"( "/#-N($./0"$(*a(.b"%#(-%a"W
2.(H/$(*@$"#S"D(.b/.(.b"(,/#"'.$(*a(*@"$"()b%-D#"'(b/D( /(b%0b"#()*+@%'"D(,#"S/-"')"(*a(*S"#H"%0b.(/'D(*@"$%.N( .b/'(,/#"'.$(*a()*'.#*-()b%-D#"'W(Oa(.b"(,/#"'.$(*a(*@"8 $"()b%-D#"'T(;=W7n(H"#"(*@"$"(S$W(]9n(*a(.b"(,/#"'.$( *a( )*'.#*-( )b%-D#"'W( C*.b"#$( *a( *@"$"( )b%-D#"'( H"#"(
#CcP?):E)\*9S:151E69:/0+0S;:;096:/79/07+;*?+]811?+5:677J:6+1A+0S/8?:6*+;*?+9S6/:+5;:6*97+;001:?/*b+91+W,!+1A+0S/8?:6*
!=,#,)/$#X%/+)% T"#.,*-O$+K=/ BU$%$ 6+FF &;
L$,'- Y J6 L$,'- Y J6
!=+*(#$' '3AZD '3AZ4
\b6+Yd6;:7Z [M( ƒ %MV [M' ƒ %MV 4M% 4M&44
\*9:151E69:d
u6/bS9+YlbZ P[MR ƒ RMP (VML ƒ %PM& %VM& …4M44%
@6/bS9+Y0EZ %LLM' ƒ %PMP %L[MP ƒ %%MR 'MR …4M44%
uQ+Y0EZ 'RMR ƒ (M[ RVMR ƒ [M4 P4M[ …4M44%
W,!++YlbeEPZ %&M( ƒ %ML P(M( ƒ PMR VM% …4M44%
W,!+Y„Z ('MV ƒ %VMP [RM( ƒ %ML '%M& …4M44%
\N+YEE@bZ
"d7918/0 VVML ƒ RM[ [RM( ƒ VM& [M% …4M44%
N6:06*9/86+"WN %&MV ƒ %VM4 LLML ƒ PPMR %&M( …4M44%
>/;7918/0 ''M& ƒ RM% &%MV ƒ RM& &MP …4M44%
N6:06*9/86+>WN LRMP ƒ P4MV 'PM[ ƒ P%M' %'MR …4M44%
L"/=$#% '3-@[[ '3-@[\
\b6+Yd6;:7Z LVMR ƒ 'M' L[MR ƒ 'M[ %M4 4ML((
\*9:151E69:d
+++++u6/bS9+YlbZ &LML ƒ %4M4 RPM% ƒ %LM' VM[ …4M44%
+++++@6/bS9+Y0EZ %'&MR ƒ 4M% %'&M' ƒ 4M% $4MP 4MR(&
+++++uQ+Y0EZ V%M[ ƒ [ML V[MV ƒ %%MV RM[ …4M44%
+++++W,!+YlbeEPZ P'MV ƒ (M4 P[M( ƒ 'MP LMR …4M44%
WN+YEE@bZ
+++++"d7918/0 %4(MV ƒ %PM[ %4RMR ƒ %4M& PM[ 4M4PV
+++++>/;7918/0 &[MV ƒ VMR RPMR ƒ VMP PM[ 4M44P
],/=$#% '3^[ '34@
\b6+Yd6;:7Z (PM' ƒ VM( (LMV ƒ 'MV %ML 4M('[
\*9:151E69:d 4M4
+++++u6/bS9++YlbZ R[M% ƒ %PM4 V(M4 ƒ %LM4 'M4 4M4%(
+++++@6/bS9+Y0EZ %R4M' ƒ 4M% %&VM4 ƒ 4M% $PM& 4M4%[
+++++uQ+Y0EZ [PM' ƒ [M' [RMR ƒ %4MP 'MP 4M44P
+++++W,!+YlbeEPZ PRM% ƒ LM( P[MR ƒ (M4 PM& …4M44%
WN+YEE@bZ
+++++"d7918/0 %%LMV ƒ %PM' %%VMV ƒ %LM4 (M[ 4M4P%
+++++>/;7918/0 R&M' ƒ VML V4M4 ƒ [M( LM' 4M4LR
\88+X;8J67+6.5:6776?+;7+E6;*+ƒ+">M++
IFD T@P)6?R)5@GS)-=QC=O)6?W
*S"#H"%0b.(*#(*@"$"(J<>W;nK(S$W(97W<n(*a(.b"(+*.b"#$( *a()*'.#*-()b%-D#"'W(G-.b*F0b(.b"(D%aa"#"')"(%'(*@"$%.N( %$( b%0b"#( %'( +*.b"#$T( a/.b"#$( %'( @*.b( 0#*F,$( /#"( .b*$"( H%.b(.b"(b%0b"$.(,#"S/-"')"(*a(*@"$%.NW(G'.b#*,*+".#%)( D/./(a#*+(.b%$($.FDN(/'/-Nd"D(F$%'0($%+,-"(-%'"/#()*##"8 -/.%*'( $b*H"D( .b"( $.#*'0"$.( /$$*)%/.%*'( @".H""'( IC2( /'D(iE(*a(.b"(+*.b"#(H%.b(.b/.(*a(.b"%#()b%-D#"'W([b%$(
%$()*'$%$."'.(H%.b(*.b"#(#",*#.$(.b/.($b*H(.b"(0#"/."$.( %'a-F"')"(*a(.b"(+*.b"#„$('F.#%.%*'/-($./.F$(*'(b"#()b%-8 D#"'W6T<T5](Z*H"S"#T(Hb"'(*F#(D/./(H"#"(/'/-Nd"D(F$%'0( #%$c(+"/$F#"+"'.$T(H"(*@$"#S"D(.b/.(.b"(%'a-F"')"(*a( .b"(a/.b"#(a*#(.b"()b%-D(.*(@"(*@"$"(%$(0#"/."#(.b/'(.b/.( *a(.b"(+*.b"#T(H%.b(.b"(#%$c(@"%'0(5>W5(/'D(6W7(a*#(.b"( a/.b"#(/'D(+*.b"#T(#"$,").%S"-NW
#CcP?)8E)N:6X;86*06+1A+b6*6:;8+1]67/9dK+06*9:;8+1]67/9d+;*?+Sd56:96*7/1*+/*+5;:6*97+;001:?/*b+91+9S6+*J9:/9/1*;8+79;9J7+1A+9S6+0S/8?:6*
!=,#,)/$#+%/+)%
:,#$'/%-"F-)=+*(#$'-O+/=
&;
T"#.,*-O$+K=/ BU$%+/E
' ? ' ?
L"/=$#% '3-@[[ '3-@[\
W,!+08;77/I0;9/1*%
+++++#1:E;8++ [4 '(MP PV %RM%
+++++jX6:k6/bS9 '4 L4M% RP (LM[ 4M4%4
+++++j]676+ P& %'MR &( L[M4 …4M44%
Q8;77/I0;9/1*+1A+uQP
+++++#1:E;8 V4 (VMV P[ %RMR
+++++)86X;96?+:/7l L[ PLMV '% L%M% 4M4V(
+++++U6:d+686X;96?+:/7l (' PRM( V( '%MP …4M44%
"WN(
+++++#1:E;8+ %&' [[M( %&L [[M(
+++++@d56:96*7/1*+ % 4M& % 4M& 4M[[L
>WN'
+++++#1:E;8+ %&( [VMV %'& ['M%
+++++@d56:96*7/1*+ P %MP V (M[ 4M4'P
],/=$#% '3-^[ '3-4@
Q8;77/I0;9/1*+1A+W,!%
+++++#1:E;8++ %[ P'M4 & &M&
+++++jX6:k6/bS9 (( 'RM[ (( (VM( 4MP%[
+++++j]676+ %L %RM% (% ('M% …4M44%
Q8;77/I0;9/1*+1A+uQL
+++++#1:E;8 (R &%MV L[ (PM[
+++++)86X;96?+:/7l P% PRM& PL P'ML 4MRL%
+++++U6:d+686X;96?+:/7l V %4M' P[ L%M[ 4M44%
"WN(
+++++#1:E;8 RP [(MR V( [PML
+++++@d56:96*7/1*+ ( 'ML R RMR 4M'P[
>WN'
+++++#1:E;8 &[ [4MV RP R[M%
+++++@d56:96*7/1*+ R [MP %[ P4M[ 4M4LV
%W1?d+E;77+/*?6.+YW,!Z+YlbeEPZ2+*1:E;82+…P'c+1X6:k6/bS92+P'$P[M[c+1]6762+‘L4
Pu;/79+0/:0JEA6:6*06+YuQZ+/*+A6E;8672+*1:E;82+…V4+0Ec+686X;96?+:/7l2+V4$VV+0Ec+X6:d+686X;96?+:/7l2+—VV+0EM LuQ+/*+E;8672+*1:E;82+…['+0Ec+686X;96?+:/7l2+['$%4P+0Ec+X6:d+686X;96?+:/7l2+—%4P+0EM
("d7918/0+]811?+5:677J:6+Y"WNZ+‘%(4+EE@bM '>/;7918/0+]811?+5:677J:6+Y>WNZ+‘[4+EE@b
IFE
U18M+&VK+#1X6E]6:$>606E]6:+P4%%
;BIJA?):M+U;8J67+A1:+7d7918/0+]811?+5:677J:6+Y\Z+;*?+?/;7918/0+]811?+5:677J:6+YWZ+1A+9S6+0S/8?:6*+/*+;001:?;*06+k/9S+9S6+;bb:6b;96?+X;8J67+ 1A+1X6:k6/bS9+;*?+1]67/9d+1A+9S6/:+5;:6*97M
D(4(1"(1T(a#*+(.b"(b%0b"$.(,#"S/-"')"(*a(*@"$%.N(%'(.b"( *@"$"()b%-D#"'r$(,/#"'.$(/'D(.b"(%')#"/$"(*a(*@"$%.N(Hb"'(
6@Ob?A j]67/9d jX6:k6/bS9
#1:E;8
#1:E;8 jX6:k6/bS9
j]67/9d &Pi &Li
''
#CcP?)XE))AA609+1A+9S6+:;967+1A+]811?+5:677J:6+1A+5;:6*97+1X6:+9S6+X;8J67+1A+"WN+;*?+>WN+1A+9S6/:+0S/8?:6*
L"/=$#%-'38DZ ],/=$#%-'3@^\
+ !"$FF 4D?-!< & !"$FF 4D?-!< &
JE%/"*+)-R*""(-:#$%%9#$
\b6+Yd6;:7Z %M( 4M[ c %M[ …4M44% %MV %M% c PM& …4M44%
C6*?6:+YA6E;86Z $%MP $LM% c 4M& 4M%VV 4M& $PM% c LML 4M&&[ "WN+96:9/867
IGF T@P)6?R)5@GS)-=QC=O)6?W
,/#"'./-(*@"$%.N()*+,/#"D(H%.b(.b"(+*.b"#$(*a()b%-D#"'( %'(@*.b(0#*F,$(J*@"$"(/'D()*'.#*-K(/'D(.b"(b%0b"$.(OR( *a(*@"$%.N(,#"$"'.(DF"(.*(.b"(a/.b"#r$(%'hF"')"(+/N(@"( *a("'S%#*'+"'./-(*#%0%'T(/($%.F/.%*'(%'(.b/.()b%-D#"'(/#"( #"h").%'0( .b"( -%a"$.N-"$( *a( .b"%#( ,/#"'.$W( 2'( /( $.FDN( @N( X*b/'$$"'( ".( /-WT( .b"( /F.b*#$( D*)F+"'."D( .b/.( +*.b"#$( b/S"(/($.#*'0(%'hF"')"(*'(.b"(H"%0b.(*a(.b"%#()b%-D#"'( /'D(/#"(+*#"(/H/#"(*a(.b"%#("/.%'0(b/@%.$m5<('"S"#.b"-"$$T( a/.b"#$(,-/N(/(@%00"#(#*-"(%'(#"0/#D(.*(a""D%'0(,#/).%)"$( a*#( .b"%#( )b%-D#"'W( [b"$"( M'D%'0$( +/N( )*%')%D"( H%.b( .b/.(#",*#."D(%'(*F#($.FDN(Hb"#"(H"(*@$"#S"D(/(b%0b"#( #%$c(*a(*@"$%.N(%'()b%-D#"'(*a(*@"$"(a/.b"#$W([b%$(#"h").$( .b"($.#*'0(%'hF"')"(*a(.b"("/.%'0(b/@%.$(,/$$"D(*'(a#*+( a/.b"#$(.*(.b"%#()b%-D#"'W
R"0/#D%'0(.b"("aa").(*a(*S"#H"%0b.(/'D(*@"$%.N(*a(,/8 #"'.$(H%.b(#"$,").(.*(.b"%#()b%-D#"'r$(IPT(H"(*@$"#S"D(.b/.( .b"(M0F#"$(*a($N$.*-%)(bN,"#."'$%*'(/'D(D%/$.*-%)(bN,"#8 ."'$%*'(,#"$"'."D($N'"#0%$.%)/--N(.*()*+@%'"(*S"#H"%0b.( /'D(*@"$%.N(%'(@*.b(,/#"'.$W([b%$(+/N(#"h").(.b"("aa").(*a( *S"#H"%0b.(/'D(*@"$%.N(*a(.b"(,/#"'.$(*'(.b"(IC2(*a(.b"( )b%-D#"'(/'DT()*'$"jF"'.-NT(.b"(%')#"/$"D(IP(M0F#"$(/#"( $")*'D/#N(.*(.b"(,#"$"')"(*a(*@"$%.N(%'()b%-D#"'(/$(,#"8 S%*F$-N(#",*#."D(@N(*F#(0#*F,W5;(VF#.b"#+*#"T(.b"(#"$F-.$( *a(.b%$($.FDN(/#"()*'$%$."'.(H%.b(.b*$"(#",*#."D(@N(G-,/N( ".( /-W( Hb*( a*F'D( /'( %'D","'D"'.( /$$*)%/.%*'( @".H""'( /( b%$.*#N( *a( ,/#"'./-( /#."#%/-( bN,"#."'$%*'( /'D( IC2( H%.b( .b"(%')#"/$"D(IP(S/-F"$(*a(.b"%#()b%-D#"'W>:([b"(#"$F-.$(*a( @*.b( $.FD%"$( $b*H( .b"( $.#*'0( %'hF"')"( *a( ,/#"'./-( IC2( *S"#(.b"(IP(S/-F"$(*a(.b"%#(*aa$,#%'0W
G-.b*F0b(.b%$($.FDN(D%D('*.(/$$"$$(Hb".b"#(.b"(%')#"/$"( %'(IP(M0F#"$(%$(DF"(.*(0"'".%)(/'DA*#("'S%#*'+"'./-(a/)8 .*#$T(H"(H"#"(/@-"(.*("$./@-%$b(.b/.(.b"(IP(*a(.b"(,/#"'.$( b/D(/(D%#").(,#*,*#.%*'/-("aa").(*'(.b"(IP(*a(.b"%#()b%-D#"'W( 2.(#"+/%'$(.*(@"(D"."#+%'"D(Hb".b"#(.b%$(#"-/.%*'$b%,(%$( DF"(.*(0"'".%)(a/).*#$(*#(Hb".b"#(%.(%$(DF"(.*(.b"(%'hF"')"( *a( ,/#"'./-( -%a"$.N-"( *'( .b"%#( )b%-D#"'W( 2'( .b%$( $"'$"T( .b"( %'hF"')"(*a(a**D(b/$(@""'(D"$)#%@"DT("$,")%/--N(H%.b(a**D$( b%0b(%'($/-.T(*'(IP(*a()b%-D#"'W>5([b"#"a*#"T(%.(%$(%+,*#./'.( .*(/$$"$$(.b"(a/+%-Nr$("/.%'0(b/@%.$(.b/.(+/N(,#"D%$,*$"( *#(@"(/$$*)%/."D(H%.b(.b"("-"S/."D(IP(M0F#"$(*a()b%-D#"'( %'D","'D"'.(*a(.b"('F.#%.%*'/-($./.F$W
G$(a*#(.b"(-%+%./.%*'$(*a(.b"($.FDNT(.b"(D"$%0'(D*"$('*.( /--*H()/F$/-%.N(*#(D%$.%'0F%$b%'0(Hb".b"#(.b"(M'D%'0$(/#"( DF"(.*(0"'".%)(*#("'S%#*'+"'./-(a/).*#$W(O'(.b"(*.b"#(b/'DT( .b"(-*H(#"$,*'$"(#/."(a#*+(.b"(a/.b"#$(J9>nK()*+,/#"D(.*( .b"(,*$%.%S"(#"$,*'$"(*a(.b"(+*.b"#$(J<7nK(+/N(@%/$(.b"( #"$F-.$m(b*H"S"#T(H%.b(.b"(D/./()*--")."D(H"(*@$"#S"(.b/.( .b"(S/#%/@-"$(+"/$F#"D(%'()b%-D#"'(/#"('*.(D%aa"#"'.(a#*+( .b*$"(Hb*$"(,/#"'.$(,/#.%)%,/."D(/'D(.b*$"(Hb*(D%D('*.W(V%8 '/--NT('*("'S%#*'+"'./-(a/).*#$(H"#"(/$$"$$"D(%'(#"0/#D(.*( a**D(%'./c"(/'D("B"#)%$"(b/@%.$(*a(,/#"'.$(.*("-F)%D/."(.b"( "'S%#*'+"'./-("aa").(*'(.b"$"(#"$F-.$W(O'"(*a(.b"($.#"'0.b$( *a(.b%$($.FDN(%$(.b/.(H"(+"/$F#"D(.b"(/'.b#*,*+".#%)(/'D( IP(*a(.b"(,/#"'.$T()*'S"#$"-N(.*(*.b"#($.FD%"$(Hb"#"(.b"$"( S/-F"$(H"#"(*'-N(%'a*#+"DW
ib/.(%$()-"/#T(%'(.b"()/$"(*a(*S"#H"%0b.(/'D(*@"$%.N( /$( ,F@-%)( b"/-.b( ,#*@-"+$T( %$( .b/.( %.$( .#/'$+%$$%*'( %$( 0"'"#/.%*'/-T( .b/.( %.( %$( %'b"#%."D( a#*+( ,/#"'.( .*( )b%-DW(
#CcP?)YE)`/7l+A1:+9S6+0S/8?+5:676*9/*b+1]67/9d+;001:?/*b+91+9S6+*J9:/9/1*;8+79;9J7+1A+9S6/:+5;:6*97
L"/=$#%-'38DZ ],/=$#%-'3@^\ R"/=-&,#$'/%--'3@8[
- BC 4D?-!< & BC 4D?-!< & BC 4D?-!< &
\b6+Yd6;:7Z %M4 4M[ c %MP 4M'R% %M4 4M[ c %MP 4MRV4 %M% 4M[ c %M( 4M([[ C6*?6:+YA6E;86Z %M% 4MR c %MR 4MRRP 4MR 4M( c %M( 4ML4P 4MV 4ML c PM4 4M&[[ NJ]8/0+70S118 4M[ 4M' c %M' 4M&[[ 'MP %M& c %&M4 4M44' (ML %M% c %'MV 4M4L% Q8;77/I0;9/1*+1A+W,!%
+++#1:E;8 `6A6:6*06 $ $ `6A6:6*06 $ $ `6A6:6*06 $ $
+++jX6:k6/bS9 (M' PMR c RMV …4M44% LM[ %M( c %4M[ 4M4%4 %'M4; 'MV c LVML …4M44%
+++j]676 &M' LM& c %%MR …4M44% %PM% LM[ c LRM& …4M44%
j`K+1??7+:;9/1+1]9;/*6?+;001:?/*b+91+EJ89/X;:/;96+81b/79/0+:6b:677/1*+;*;8d7/7M
IGG
U18M+&VK+#1X6E]6:$>606E]6:+P4%%
Z*H"S"#T( .b"#"( %$( $.%--( /( '""D( .*( "S/-F/."( .b"( #*-"( *a( b"#"D%.NT( Hb%)b( H*F-D( @"( $-%0b.-N( +*D%M"D( )*+,/#"D( H%.b(.b"(#*-"(,-/N"D(@N("'S%#*'+"'./-(a/).*#$(%')-FD%'0( $*)%/-(/'D(a/+%-N('".H*#c$(/'D(H*F-D(@"(.b"(./#0".(a*#( ,#"S"'.%*'(,#*0#/+$W
2'()*')-F$%*'T(H"(a*F'D(/($.#*'0(/$$*)%/.%*'(@".H""'( .b"('F.#%.%*'/-($./.F$(*a()b%-D#"'(/-*'0(H%.b(.b"%#(,/#"'.$T( $b*H%'0(/(0#"/."#(%'hF"')"(*a(.b"(a/.b"#(*S"#(.b"(+*.b"#( a*#(.b"()b%-D(.*(@"(*@"$"W([b"(,#"$"')"(*a(*S"#H"%0b.(*#( *@"$%.N( %'( @*.b( ,/#"'.$( %')#"/$"$( .b"( #%$c( a*#( .b"( )b%-D( .*(,#"$"'.(H%.b(*@"$%.NW(i%.b(.b"$"(#"$F-.$T(H"()/'()*'8 M#+( .b/.( *S"#H"%0b.( /'D( *@"$%.N( /#"( %'."#0"'"#/.%*'/-( D%$*#D"#$W
"+;+"+0%+.
++%M+ W;:;]H7/+\TM+#69k1:l+E6?/0/*6#A:1E+1]67/9d+91+9S6+˜?/76;71$ E6˜M+#+)*b8+z+,6?+P44RcL'R2(4($(4RM
++PM+ N-:6F$";8b;?1+ >K+ `/X6:;$,H:OJ6F+ z\K+ j:9/F$@6:*H*?6F+ TM+ NJ]8/0/?;?+?6+;8/E6*917+6*+8;+5:1b:;E;0/D*+?6+8;+9686X/7/D*+ E6./0;*;2+ ™817+ */g17+ 679H*+ EH7+ 6.5J67917‰+ ";8J?+ NJ]8/0;+ ,6.+P4%4c'P2%%[$%P&M
++LM+ W;::/6*917$N-:6F+ ,K+ B81:67$@J6:9;+ "M+ ™)7+ 8;+ 1]67/?;?+ J*+ 5:1]86E;+E-?/01+/*?/X/?J;8+d+710/;8‰+N18a9/0;7+5h]8/0;7+OJ6+ 76+:6OJ/6:6*+5;:;+7J+5:6X6*0/D*M+W18+,6?+@175+!*A;*9+,6.+ P44Vc&'2&L[$&'%M
++(M+ QS:/79;l/7+ #\K+ B1k86:+ z@M+GS6+ 75:6;?+ 1A+ 1]67/9d+ /*+ ;+ 8;:b6+ 710/;8+*69k1:l+1X6:+LP+d6;:7M+#+)*b8+z+,6?+P44RcL'R2LR4$LR[M ++'M+ `/X6:;$>1EE;:01+zK+"S;E;S$T6Xd+GK+U/88;85;*?1$@6:*H*?6F+ "K+C1*FH86F$?6+Q177/1+GK+@6:*H*?6F$N:;?1+WK+"65h8X6?;+zM+ )*0J679;+#;0/1*;8+?6+#J9:/0/D*+%[[[M+)79;?1+*J9:/0/1+?6+*/g17+ d+EJ<6:67+6*+,-./01M+QJ6:*;X;0;+,1:6817+,-./012+!*79/9J91+ #;0/1*;8+?6+";8J?+Nh]8/0;c+P44%M
++&M+ B81:67+,K+Q;::/D*+QK+W;:OJ6:;+"M+"1]:65671+E;96:*1+d+1]67/$ ?;?+6*+67018;:67+E6./0;*17M+)*0J679;+#;0/1*;8+?6+#J9:/0/D*K+ %[[[M+";8J?+NJ]8/0;+,6.+P44'c(R2((R$('4M
++RM+ >;*/68F/l+"K+T;*b*~76+xK+,;79+,K+"569SE;**+QK+,–886:+,zM+ !E5;09+1A+5;:6*9;8+W,!+1*+9S6+E;*/A679;9/1*+1A+1X6:k6/bS9+'$R+ d6;:+18?+0S/8?:6*M+)J:+z+#J9:+P44Pc(%2%LP$%LVM
++VM+ B;:/;7+ ?6+ #1X;67+ zK+ Q;79:1+ B:;*0670S/*/+ "?1K+ N:/1:6+ ")M+ Q1E5;:/71*+ 1A+ 9S6+ ;*9S:151E69:/0+ ;*?+ ]/10S6E/0;8+ X;:/;$ ]867+]69k66*+0S/8?:6*+;*?+9S6/:+5;:6*97M+\:0S+T;9/*1;E+#J9:+ P44Rc'R2%LR$%('M
++[M+ xJE;:+"K+`;<J+,K+C1k?;+#M+!*{J6*06+1A+5;:6*9;8+1]67/9d+1*+ 70S118+0S/8?:6*M+!*?/;*+z+N6?/;9:+P4%4cRR2P''$P'VM
%4M+ `6/7+)QK+x/5+x)K+,;::1OJ/*+jQK+x/67;J+,K+@/557+T+z:K+N696:7+ `)K+69+;8M+"0:66*/*b+0S/8?:6*+91+/?6*9/Ad+A;E/8/67+;9+/*0:6;76?+ :/7l+ A1:+ 0;:?/1X;70J8;:+ ?/76;76M+ N6?/;9:/07+ P44&c%%V26%RV[$ 6%R[RM
%%M+ `1?:abJ6F$,1:H*+,K+CJ6::6:1$`1E6:1+BM+@d56:/*7J8/*6E/;+/*+ S6;89Sd+0S/8?:6*+;*?+;?186706*97+k/9S+;+517/9/X6+A;E/8d+S/791:d+ A1:+9d56+P+?/;]6967M+N6?/;9:/07+P44&c%%V26%'%&$6%'PPM %PM+ B6:*H*?6F+ z`K+ `6??6*+ >GK+ N/69:1]688/+\K+\88/71*+ >WM+ u;/79+
0/:0JEA6:6*06+56:06*9/867+/*+*;9/1*;88d+:65:676*9;9/X6+7;E5867+ 1A+\A:/0;*$\E6:/0;*K+)J:156;*$\E6:/0;*K+;*?+,6./0;*$\E6$ :/0;*+0S/8?:6*+;*?+;?186706*97M+z+N6?/;9:+P44(c%('2(L[$(((M %LM+ #;9/1*;8+ @/bS+ W811?+ N:677J:6+ )?J0;9/1*+ N:1b:;E+ u1:l/*b+
C:1J5+1*+@/bS+W811?+N:677J:6+/*+QS/8?:6*+;*?+\?186706*97M+ GS6+A1J:9S+:651:9+1*+9S6+?/;b*17/7K+6X;8J;9/1*K+;*?+9:6;9E6*9+ 1A+S/bS+]811?+5:677J:6+/*+0S/8?:6*+;*?+;?186706*97M+N6?/;9:/07+ P44(c%%(Y7J558+PZ2'''$'R&M
%(M+ xJ0FE;:7l/+ `zK+ jb?6*+ QTK+ CJ1+ ""K+ C:JEE6:$"9:;k*+ T,K+ B86b;8+x,K+,6/+|K+69+;8M+P444+Q>Q+b:1k9S+0S;:97+A1:+9S6+=*/96?+ "9;9672+,69S1?7+;*?+?6X6815E6*9M+U/9;8+@6;89S+"9;9+%%K+#1M+ P(&c+P44PM+\X;/8;]86+;92+S9952eekkkM0?0Mb1Xe*0S7e?;9;e76:/67e 7:ˆ%%e7:%%ˆP(&M5?A
%'M+ u1:8?+ @6;89S+ j:b;*/F;9/1*+ ).56:9+ Q1EE/9966M+ NSd7/0;8+ 79;9J72+GS6+ J76+ ;*?+ /*96:5:69;9/1*+ 1A+ ;*9S:151E69:dM+ C6*6$ X;2+ u@jc+ %[['M+ \X;/8;]86+ ;92+ S9952eekSO8/]?10MkS1M/*9e9:7e u@jˆG`"ˆV'(M5?A
%&M+ C:J*?d+",K+W:6k6:+@W+z:K+Q866E;*+z!K+"E/9S+"Q+z:K+T6*A;*9+ QM+>6I*/9/1*+1A+E69;]18/0+7d*?:1E62+`651:9+1A+9S6+#;9/1*;8+ @6;:9K+TJ*bK+;*?+W811?+!*79/9J96e\E6:/0;*+@6;:9+\7710/;9/1*+ 01*A6:6*06+1*+70/6*9/I0+/77J67+:68;96?+91+?6I*/9/1*M+Q/:0J8;9/1*+ P44(c%4[2(LL$(LVM
%RM+ uS/9;l6:+ xTK+ z;:X/7+ ,zK+ W66l6*+ `zK+ W1*/A;06+ >K+ u;:?86+ zM+ Q1E5;:/*b+E;96:*;8+;*?+5;96:*;8+/*96:b6*6:;9/1*;8+9:;*7E/7$ 7/1*+1A+1]67/9d+:/7l+/*+;+8;:b6+515J8;9/1*$];76?+7;E586M+\E+z+ Q8/*+#J9:+P4%4c[%2%'&4$%'&RM
%VM+ z1S;**76*+>TK+z1S;**76*+#,K+"560l6:+WTM+!*{J6*06+1A+5;$ :6*97š+6;9/*b+]6S;X/1:7+;*?+0S/8?+A66?/*b+5:;09/067+1*+0S/8?:6*š7+ k6/bS9+79;9J7M+j]67/9d+P44&c%(2(L%$(L[M
%[M+ B81:67$@J6:9;+ "K+ x8–*?6:$x8–*?6:+ ,K+ `6d67$?6$8;$Q:JF+ TK+ ";*917+z!M+!*0:6;76+/*+]1?d+E;77+/*?6.+;*?+k;/79+0/:0JEA6$ :6*06+/7+;7710/;96?+k/9S+S/bS+]811?+5:677J:6+/*+0S/8?:6*+;*?+ ;?186706*97+/*+,6./01+Q/9dM+\:0S+,6?+`67+P44[c(42P4V$P%'M P4M+ \85;d+@K+}F?6E/:+#K+u–S8+)K+G15JF1›8J+\M+\E]J8;91:d+]811?+
5:677J:6+E1*/91:/*b+/*+S6;89Sd+0S/8?:6*+k/9S+5;:6*9;8+Sd56:$ 96*7/1*M+N6?/;9:+#65S:18+P44[cP(2%''$%&%M
