17

0/121'3547681:9 ;@1'35ACB0,!DFE

  • Upload
    others

  • View
    12

  • Download
    0

Embed Size (px)

Citation preview

Page 1: 0/121'3547681:9 ;@1'35ACB0,!DFE

������������ ������������������������������� �!���#"$����%�'&(�

)�*+*-,�.0/�1�2�1'3547681:9�;<*-,0=?>@1'35ACB0,!DFE<*-1:GH1'DJI?K:A�L�M-=?/�1�*�;�1'3�=:N5O0M-1'354

4QPRDSK?ITM-ITUSI?1VN5WXE�NYGVZJU�I?1'3[.\=�M-1'D�=]10^�6�/�1(_71'`a3�1]bdc�DJM-O01'3�KTM-Ife0^B01'3?USK?,!*-1]GhgJi:g0jYka^lPmKT3�,01'*mn 1'ofGH,5M+*mp�KT/S1'2�,rqs=:K:n /@UYtTMmn ,0=0n M+*

u N5Dv*-1:,5O01,0I�wn x�n y�z�,Y='Ua*-I]{1|}1]N!DS,!3�9v9J1(~�M+DS='Mm^��8,!3?M-K�*-,�w71'Wm1'DSK?10^Sza3�,!DS=:15�A z}*+US1'DJI(P�D�=Yn�^��!j0j�ws,5O0M-K(.@I:n�^�.rUJM-I?1�0j0jJ^

x<O5,5D�K?I?N5D}^�PR*+*+M+DSN!M�K(�0j@�5jaiY^�c(.@)Vn 1'ofGH,5M+*mp�I?1:9Sq��aUS1'DJI:n =:N0G

�H�����'�:�@�5�5�������T�f�T�?�@���5�T�:�?������]���f�:���:�0�f '¡C�¢��£��(¤]¥¦¡(�?�?§5£��Y¨��:� ¨Y ]�?£-��§5¡s�(§Y�:�]�H��¡C����¨5�T©:ª�«7 ]¬­���]�?��©:£��f�T�?���:�J�:� �:�?£-�� �®¯�°�¥±¡[ �©5�?� �7£��7�?��£��-���?� �Y�?£��]��ª[°<¡ '�Y¨²��§0�s¡C�m³: '�� :´��?�R�!�?�+�?��µ@�f�?�:�?�@��£-�Y¨��:�0�f '¡(�:��£R '�v£�����§Y�(�J�T�f���?�?£-����f V�T©:£-����§Y�H¯S°<¥¡ ?©!�?� �7�f V´f�s�?�0£-�m�5´�� �(´? '��§�®] '����§0�(�:�J�:� �]�?£��C :´�³��T�?��£-�:�?��:�J©V��§Y�(�:�:�:£-�+�5´?�+�(¡(�?�?§!£-�Y¨H�:� ¨Y '�?£���§5¡7�?ª(¶@�@�?§��T©:£-��£��Y¨V£-�J�?� �@©5�?��f Tµ@ '�- m¨:���? '�?�f�T�?��£R ]�·�:�J©(�:�:� £�©5�:��£R ]�Y¸�©5�?�m�:£����?�]µ!µ@�f�?�?�?£m '���:�J©V©5�T�Q '¡�µr ]�?£-��£R '�@ª7¹<©:£���£��Y¨(��§Y��¨5�? '¡(�?���?��©:£-�T�f����� ��ºT�?ª+¨:ª��?�0�?»®'�5�T�(�f�T©5�-¼}�@£���£R '�@�m½V£-�7���Y¡(´T�?�?�] '¡(�f¸��m�f©¢£R '�0�f¸��:�J©H�T¾?µY���@�?£-�:�?ª�?�@���Q �©:�@�?£-�Y¨²��£��?���@�:���f Tµ@ '�- m¨:���:�-�- '¬}���?�r��§� TµY���f�:��£R '�@��¢�¡ ?©¢£ ¼8�T�:��£R '�@�s�f s��§Y���¿ Qµr '�- m¨¢�� ]�@� �:ª��?����§5£���¬À '�fÁ[��§Y�(�? '�J�f�¿µ@�X�¢�J©² QµY�?�T�:�f '�?�[ R®��'£-�?���r�¢���f Tµr '�- m¨¢���:�T�(©5�?�����?£�´T�f©�¸��:�- '�Y¨¬}£-��§H��§Y�?£��(�Y���s£���µY���-®] '�?¡s£-�Y¨²��§0�(�f�TÂ?�0£-�f�T©v�T©:£-��£-�Y¨� �®(��§Y�s¡ ?©!�?� ª²°Ã������ R®(�:�Y�f '¡(�:��£��V�:�J©H����¡7£�»f�:�0�¿ ]¡C�:��£��(�f � '� ��®] ]���§Y���]�¢�?£R '�0�7�T©:£-��£-�Y¨� QµY�?�T�:��£R '�@�(�:�f�s£��@���? ?©:�@�f�T©:ª

ÄaÅ@Æ�ÇÈ�É:Ê8Ë0Ì7Ís1:N0G�1:IT3�e�='*-1],!DJo¿UJZl^�KTM-GVZa*+M+ÎS=:,YITM�N5D}^89J1:=:NYGVZ�NYKTM-ITM-N!Dl^};<ofy�1'Zl^�E�)sw#,!DS9v,!DS,!*-e@KTM-KsM+DJI?1:Ï53�,0ITM-N!Dln

Ð Ñ:Ò�Ó É:È�Ê�Ô}Õ Ó5Ö È Ò

)×WmN@='USK�N5Ws3�1:K?1],!3�=?/d,!DS9Ø9J1:OY1'*-N!ZSGH1'DJI�1'2�N!3�I�N5D DS1:b×,5*-Ï0N!3?M-IT/SGHK�WmN53�GH1:KT/JM+DSÏÙ/S,0KH3�1:KTUJ*-I?1:9ÚM+DdK?1:OY1'3�,!*C,!USI?N0GH,YITM-=vÛ0w,!*-ÏYN!3?M-IT/SGHK�,0K<3�1]O0M-1:b�1:9H`JeHz}M-1'*-9·Ü �5ÝTnl)sG�N!DSÏVIT/S1:G¦W�Ua*+*-eH,5U�I?NYGH,0I?1]9�I?1:IT3�,5/�1:9@3�,!*lGH1]KT/aM+DSÏV,5*-Ï0N53?M-IT/�GHKÜ+Þ:Ý�,!DS9V/S1:ß@,!/S1:9@3�,!*GH1:KT/JM+DSÏ�,!*-ÏYN!3?M-IT/SGHKHÜ �¢Ýf^�Ü-i:k5ÝT^�Ü à!Ýf^�Ü�i¢�¢Ýf^�Ü Û!Ýf^�Ü+�5j!Ýfn

_sN5b�1]O01'35^5,YI?I?1:GVZSI?K},0Il9\M+3�1]=:I8,!DS,!*-e@KTM-K�N!WSGHN@9J1'*-K8N!`SI?,!M+DS1:9(W�3�N0G#E�)swÚÏ01:NYGH1:IT3�e7K?N!UJ3�=:1:K}/S,!OY1ÀUJDJO01�M+*-1:9VD@USGH1'3�N!USK8N!`SK?I?,0=�*-1:KZJ3�1:O01'DJITM+DSÏáIT3?US1�,5U�I?NYGH,0ITM-N5DdN!WCIT/�1�,5D�,5*-e@KTM-K�ZJ3�N@=:1:K?K:nâE�)sw×,5D�9Úz}M+DJM-I?1vxÀ*-1:G�1'DJI u z8xX�V,!DS,!*-e@KTM-K�,!3�1�ITb�NvKTM-Ï5DaM+ÎS=:,5DJIT*�e9@M+2�1'3�1'DJI79\M-K?='M+ZJ*+M+D�1:K:^l,!DS9�/S1'DS=:1(IT/S1s9J1:GH,!DS9JK�,5D�9�1:GVZJ/�,YK?1:K�IT/�1]e²ZJUSI�N5D�IT/�1(GHN@9J1'*�3�1'ZJ3�1:K?1'DJI?,YITM-N!D·9@M+2�1'3(KTUJ`SK?I?,!DJITM-,!*+*-e@n)sK,v3�1:KTUa*-I�GHN@9J1'*-K�Ï01�D�1'3�,YI?1:9 `JeÙE�)7w×K?e@K?I?1:GHK�,!3�1�N5WmI?1'DÚUaDSKTUJM-I?,!`J*-1ãWmN!3�,!DS,!*-e@KTM-K�D�1]1:9aK:^�3�1]ä0UaM+3?M+DSÏÚG[UJ*-ITM+Za*-1·1:9@M-ITM+D�Ï,!DS9·,095tTU�K?I?G�1'DJIs`�1'WmN53�1HIT/S1VGH1]KT/aM+DSÏv=:,!D·ZJ3�N@=:1:1:9�n6�/S19\M+å�=�Ua*-IfeãM+D�=�3�1:,0K?1:Kb�/�1�D·IT/�1H9J1:KTM-Ï5DÚ,!DS9ã,5D�,5*-e@KTM-KV,53�1H9JN!DS1VM+D9@M+2�1'3�1'DJI(K?N5WmITb�,53�1sK?e@K?I?1:G�K:^�,0K7N!WmI?1�D�M-K�IT/�1(=],0K?10n

)sG�N!DSÏHIT/�1sZJ3�N!`J*-1:GHKs3�1]ä0UaM+3?M+DSÏ�1:9@M-ITM+DSÏ�,!3�1Yp

æ PRDS=:N0GVZJ*-1:I?1,!DS9�M+D�=]N!DSKTM-K?I?1'DJIVI?N5Z�N!*-NYÏ0e�,!DS9vÏ01:NYGH1:IT3�e�9J1:K?='3?M+ZSITM-N!DSK:næ PR3?3�1'*-1:O5,5DJIsGVM+DSN!3C9a1:I?,5M+*-K(b�/aM-=?/·K?1:O01�3�1'*-e�=:NYGVZJ*+M-=:,0I?1HIT/S1(GH1:KT/JM+DSÏanæ E�NYGVZJ*-1:ßvGHN@9J1'*-KVIT/S,0IsDS1:1:9·9J1:=:N0GZ�N0KTM-ITM-N5D M+DJI?N�Z�,53�I?K:^}1�M-IT/�1'3�I?NH`�1HGH1]KT/�,5`a*-1H`Je�IT/S1HI?N@N5*-K(,!O5,5M+*-,!`J*-1vI?N�IT/S1(U�K?1'3N!37I?NH,!*+*-N5bÃDS1:1:9J1:9v=:N5DJIT3�N!*­N!W8*-N@=:,5*�GH1:KT/v9J1'DSKTM-ITe0n

PRD²O0M-1:bdN!W�IT/S1s,Y9aO5,5D�=:1]K<M+D�GH1:KT/�ÏY1'D�1�3�,0ITM-N!Dç,!USI?N0GH,YITM-N!Dl^aM+DJI?1:Ï53�,0ITM-N5DvN!W­E�)swd,5D�9�,!DS,!*-e@KTM-K�M-KXä0UaM-=?>@*-eH`�1:=:NYGVM+D�Ï�,(GH,!tQN!3WmN@='USK�M+DvZa3�N5O0M-9@M+D�Ïv,W�Ua*+*-e�,!USI?N0GH,YI?1:9vGHN@9J1'*8,5D�,5*-e@KTM-K�Ü-i:Û5ÝTn

è�DS1V=:NYGHGHN5D·,!ZJZa3�NY,0=?/áI?NHZJ3�N!O0M-9J1HIT/S1[DS1:=:1]K?K?,!3�evÏ01]N0GH1:IT3?M-=�1:9\M-ITM+DSÏ�M-KsIT/J3�N!USÏ!/é9@M+3�1:=:I(Ï01]N0GH1:IT3?M-=�,095tTU�K?I?G�1'DJI?K:^�Mmn 1YnsIT/S1UJD�9J1'3?*-e0M+DSÏã9J1'ÎJDaM-ITM-N5D�KN!WXKTUa3?WR,0=:1:K7,!DS9ã1]9aÏY1:Ks,53�1VGHN@9@M+ÎS1:9ãI?N�,Y=:=:N0GZa*+M-KT/ÚIT/S1(3�1:ä0UaM+3�1]9ã=?/�,5D�ÏY1:KHÜ-i0i'Ýf^}Ü k!Ýfn�6�/aM-K�3�1:ä0UJM+3�1:KIT/S1[USK?1VN5W�K?N5Za/JM-K?ITM-=:,YI?1:9ÚKTUa3?Wm,Y=:19a1'ÎJDJM-ITM-N!DSK:^ÀM-K(1]ß0Z�1'DSKTM-O010^8,5ZaZJ3�N5ß0M-GH,0I?1]KVIT/S1VIT3?US1Ï01:NYGH1:IT3�e0^�,5D�9vU�KTUS,!*+*-e·9J1:K?IT3?U�=]ITM-O01'*-e3�1'ZJ*-,0=:1]KsIT/S1(N!*-9vÏ01]N0GH1:IT3�e�b�M-IT/�DS1:bd9J1'ÎJDaM-ITM-N5D�K5n7.rUS=?/·I?1:=�/JDJM-ä0U�1:K�3�1:ä0UJM+3�1V1:ß@I?1�D�KTM-OY1[USK?1'3�M+DJI?1'3�,0=]ITM-N!Dé,!DS9vb�/JM+*-19a1:,5*+M+D�Ïb�M-IT/ÚGHNYK?I(N!W�IT/S1�1:9\M-ITM+DSÏvZa3�N5`a*-1:G�K:^À*-,Y=�>ÙÏ01'DS1'3�,!*+M-Ife0nvc7KTM+D�ÏHtTUSK?I(I?N!Z�N!*-N0Ï5M-=:,!*CGHN@9@M+Î�=:,YITM-N!DSKHWmN!39J1:I?,!M+*�KTUaZJZa3�1]K?KTM-N!DdbX,0KKTUSÏ0Ï01]K?I?1:9�M+DÚÜ�i�ÝT^@`JU�I�b�,YK�D�NYIs1:ß@I?1'DS9J1:9�W�UJ3�IT/�1'37I?NHNYIT/�1�3s1]9\M-ITM+DSÏ�N5Z�1'3�,0ITM-N5D�K:n

PRDçIT/aM-K7b�N!3?>�IT/S1sZa3�N5`a*-1]GHKsN5WXE�)7wê,!DS9�,5D�,5*-e@KTM-K[M+DJI?1]Ï!3�,0ITM-N5Dá,53�1(9\M-K?=�U�K?K?1:9�^lI?N0Ï01]IT/�1'37b�M-IT/v,�=:N0GVZJ3�1'/S1'DSKTM-O01�K?=�/S1:GH1sWRN!3Z�1'3?WRN!3�GVM+DSÏáIT/S1²3�1]ä0UaM+3�1:9â,095tTUSK?I?GH1'DJI?K:ná6�/S1�KTUSÏ0ÏY1:K?I?1:9ÚK?=�/S1:GH1�M-KV`S,0K?1:9âN!DÚIT/S1�O0M+3�ITUS,!*7I?N!Z�N!*-N0ÏYeÚ=:N!DS=:1'ZSIHM+DJIT3�N@9\US=:1:9M+DâÜ�i]�!Ýfn�6�/S1O0M+3�ITU�,5*�I?N5Z�N!*-NYÏ0evZa3�N5O0M-9J1:KV,5D·,!*-I?1'3?DS,0ITM-OY1�GHN@9a1�*83�1'Za3�1]K?1'DJI?,0ITM-N5DÚ,!*-N5D�Ïvb�M-IT/·,�K?1:IsN5W�N5Z�1'3�,YI?N!3�K(I?NHZ�1'3?WmN53�GIT/S1�1]9\M-ITM+DSÏÚN!Z�1'3�,YITM-N!DSK�=:N0GHG�N!DJ*-eÙ3�1]ä0UaM+3�1:9áWmN53HIT/S1�G�1:KT/aM+DSÏvZa3�1'omZJ3�N@=:1:K?KTM+DSÏanÚ6�/S1�N5Z�1'3�,YI?N!3�K�,!3�1�,!ZJZJ*+M-1:9dN!DJ*-eáN!DâIT/S1

i

Page 2: 0/121'3547681:9 ;@1'35ACB0,!DFE

I?N!Z�N!*-N0Ï5M-=:,!*CK?IT3?U�=]ITUa3�1�N!3�=:N5DaDS1:=:ITM-O0M-IfeØN!W�IT/�1�GHN@9J1'*mn·6�/aM-KKTM-Ï!DJM+Î�=],!DJIT*�e KTM-GZa*+M+ÎS1:K�IT/S1�GHN@9J1'*+M+D�Ï·Za3�N@=:1]K?KH,0KÏ01:NYGH1:IT3?M-=9J1:K?='3?M+ZSITM-N!DSKH,!3�1GH,!M+DJ*-ev*-1'WmIsM+DJI?,0=]I:nP¿I�M-K(IT/@U�Ks3�1'*-,YITM-O01'*-evM+DS1:ß0Z�1'DSKTM-O@10n�.0M+DS=:1�IT/�11:ß0M-K?ITM+DSÏvÏ01:NYGH1:IT3�e�M-K(GH,5M+DJI?,!M+DS1:9�^�IT/S1N!3?M-Ï5M+D�,5*�GHN@9J1'*�=:,5Dã`�11:,YKTM+*-eF3�1:K?I?N53�1:9�n(6�/aM-KsZS,!Z�1�3(Za3�1:K?1�DJI?K(IT/�1(U�K?1N!WXO0M+3�ITUS,!*XI?N!Z�N5*-N0Ï0e·I?NHZ�1'3?WmN53�Gh/JM-Ï!/·*-1:O01'*X1:9@M-ITM+D�ÏN!Z�1'3�,0ITM-N5D�K:nX)�*-Ï0N53?M-IT/�G�K<WmN!3X,!USI?N0G�,0ITM-N!D�N5W�IT/�1�9@M+2�1'3�1'DJIX1:9\M-ITM+DSÏI?,0KT>JK�,!3�1�9a1]K?='3?M+`�1:9�^JKTUa`SK?I?,!DJITM-,5*+*�eH3�1:9@U�=�M+D�ÏHIT/S1<3�1:ä0UJM+3�1:9USK?1'3�M+DJI?1'3�,0=:ITM-N5D}n

)�D²,09J9\M-ITM-N5D�,5*8`�1'DS1'Î�I�N5W}O0M+3�ITUS,!*lI?N5Z�N!*-NYÏ0e�,!3?M-K?1:K�W�3�NYGêM-I?K�9\M+3�1]=:I<USK?1s9@Ua3?M+DSÏHGH1:KT/JM+DSÏan�6�/S1sO0M+3�ITUS,!*lK?IT3?US=:ITUa3�17N!WmI?1�D�,!*+*-N5b�K1:,YK?eHÏ01:NYGH1:IT3?M-=7GHN@9\M+ÎS=:,YITM-N!D u 10n Ïan8KT*+M-9@M+DSÏ�,(O0M+3�ITUS,!*l1:9JÏ017N!D�,sWR,0=:15�'^rGH,!>@M+DSÏVM-I�OY1'3�e[�S1:ß0M+`J*-1(N!3��m3?Ua`J`�1'3?M��]1:9���I?N(IT/�1�U�K?1'35n.0M+D�=:1�IT/�1GH1:KT/·M-K��TN5b�D�1]9�`Je���IT/S1VO0M+3�ITUS,!*XK?IT3?U�=]ITUa3�10^�M-I(G(USK?I�WmN5*+*-N!b�IT/S1VI?N5Z�N!*-NYÏ0e·GHN5O01:G�1'DJI:n(LvN5O0M+D�Ï�O0M+3�ITU�,5*�1�DJITM-ITM-1:KIT/S1'Dv,5*+*-N!b�K(b�/SN!*-1K?1:=:ITM-N!DSKsN5W�IT/�1(G�1:KT/vI?NV`�1(9ae0DS,0GVM-=],!*+*�eã,Y9!tTUSK?I?1:9�^aZJ3�N5O0M-9\M+DSÏv9\M+3�1]=:Is=:N5DJIT3�N!*­N!W�IT/S1sÎaDS,!*­GH1:KT/ln

6�/�1(ZS,!Z�1'3(M-K7N!3�ÏY,!DJM��:1:9á,YK�WmN5*+*-N!b�K:p76�/�1(M+DaWRN!3�GH,YITM-N!DÚ=:N5DJI?1'DJI(,!DS9v9J1:K?='3?M+ZSITM-N!DÚWmN!3�G�,0I?K�USK?1:9�M+Dé9\M+2�1'3�1'DJI�E�)7wêK?e@K?I?1:GHK,!DS9vIT/S1'M+3(,YK?K?N@='M-,0I?1:9·9@3�,!b�`S,0=?>JKs,53�1V9@M-K?='USK?K?1:9FM+Dé.@1:=:ITM-N5DÚ�@nXPRDé.@1:=:ITM-N!D·Û�IT/�1O0M+3�ITU�,5*�I?N!Z�N5*-N0ÏYev=:N!DS=:1'ZSIs,5D�9v9J1'ÎJDaM-ITM-N5D�K,!3�13�1:O0M-1:b�1:9�n6�/�1O0M+3�ITU�,5*�I?N5Z�N!*-NYÏ0eáN5Z�1'3�,YI?N!3�K:^l,!*-N!DSÏvb�M-IT/á,�K?1:I(N5W<DS1:bÃ/JM-Ï!/é*-1:O01'*XN!Z�1'3�,0I?N53�K u WmN!3C=:N0GHG�N!DJ*-eF3�1:ä0UJM+3�1:91:9@M-ITM+D�Ï·N!Z�1'3�,0ITM-N5D�K��H,!3�1�9a1:K?=�3?M+`�1:9 M+D .\1:=]ITM-N!Dâkan�.@1:=:ITM-N5Dd��1]ß0Za*-,5M+D�K�IT/S1VU�K?1�N5W�IT/�1�O0M+3�ITUS,!*�I?N5Z�N!*-NYÏ0eÚN!Z�1'3�,0I?N53�KV,YIVIT/S19@M+2�1'3�1'DJIK?I?1'ZSKVN5W�GHN@9J1'*X1:9@M-ITM+D�Ï·,!DS9áKTUSÏ0Ï01]K?I?KVK?1:OY1'3�,!*X,!USI?N0G�,0ITM-N!DÙI?1:=�/JDJM-ä0U�1:KWmN!3GHN@9J1'*X,095tTUSK?I?GH1'DJI:nH6�/S1V`�1'DS1'ÎSI?KVN5WUSKTM+D�ÏIT/�1�O0M+3�ITUS,!*lI?N!Z�N!*-N0ÏYeH,!ZJZJ3�N0,0=?/�,!3�1�9@M-K?='U�K?K?1]9�n�.\1:=]ITM-N!D��sZa3�N5O0M-9J1:K�,�Wm1]b =]N0GVZJ*-1:ßHGHN@9J1'*�1]ß@,0GVZJ*-1:K:^aM-GZa*-1:G�1'DJI?,0ITM-N5D9J1:I?,!M+*-K(,5D�9�3�1:KTUa*-I?K:n7.@1:=:ITM-N5DéÞV=:N5D�='*+US9J1:K(IT/�1(bXN!3?>�Za3�1]K?1'DJI?1:9�^�,!DS9�KTUSÏ0Ï01]K?I?K�W�UJ3�IT/�1�3(,!3�1],0K�N!W83�1:K?1],!3�=?/}n

� � ���SÒ Ê �Ò���� Æ�Ë Ö Ë Ñ:Ò�Ó Å���É �JÓ5Ö È Ò�� É:È�� � Å��ãË

6�/�1M+DJI?1:Ï!3�,YITM-N!DâN!W�9J1:KTM-Ï5DÚ,!DS9á,!DS,!*-e@KTM-K/�,YK[`�1]1'D}^­,!DS9ã=:N5DJITM+D@U�1]KHI?N�`�1�IT/�1HKTUJ`Jt?1:=:IN!W�G[US=�/é9J1:O01'*-N5Z�G�1'DJI:n�)7KsK?I?,YI?1:91:,53?*+M-1'35^�IT/S1(N!`Jt?1:=]ITM-O01:K�N!W­IT/�17ITb�N(9@M-K?='M+ZJ*+M�DS1:K(9@M+2�1'3CKTM-Ï!DJM+Î�=:,5DJIT*-ev,!DS9�IT/S1'3�1'WmN53�1�*-,53�Ï01(9@M+2�1'3�1'DS=:1:K�M+D�`�NYIT/vIT/S1�M+DJWmN!3�GH,YITM-N!D=:N5DJI?1'DJI�,5D�9Ø3�1'ZJ3�1:K?1'DJI?,YITM-N!D�WmN!3�G�,0I�,!3?M-K?10n�6�/JM-K�=?/�,5Z�I?1�3�ZJ3�1:K?1'DJI?K�,á`a3?M-1'W�N5O01'3�O0M-1]b N!WIT/S1�M+DaWRN!3�GH,YITM-N!D#=:N!DJI?1'DJI�,!DS93�1'ZJ3�1:K?1'DJI?,YITM-N!D�WmN!3�G�,0I?K8,5O5,!M+*-,!`J*-1(b�M-IT/aM+D�,CE�)7wØ1'DJO0M+3�N5D�G�1'DJI<,5D�9�IT/�NYK?1�3�1]ä0UaM+3�1:9�I?N�Z�1'3?WRN!3�G�z8xã,5D�,5*-e@KTM-K:n�6�/S1<Za3�N5`a*-1]GHK,!3?M-KTM+DSÏ�b�/S1'D�USKTM+DSÏvE�)sw�9a,YI?,HWmN!37,!DS,!*-e@KTM-K(,53�1(9\M-K?=�U�K?K?1:9�n

6�/�1(9@M-K?='USK?KTM-N!Dá/S1'3�1sM-K�*+M-GVM-I?1:9éI?NVIT/S1VKT/S,!Z�1(,!DS9vÏ01:NYGH1:IT3�e�,YKTZ�1:=:I?K�N5W�IT/�1(GHN@9J1'*l3�1'*-1:O5,!DJI7I?NHIT/�1(,5D�,5*-e@KTM-KV,5D�9�,!2�1]=:ITM+D�ÏIT/S1(GH1:KT/·Ï01�D�1'3�,YITM-N!Dl^�,!*-IT/SN!USÏ!/éN0IT/S1'3sWR,0=:I?N53�K�*+M+>r1H=:N53?3�1:=:I�9a1]K?='3?M+Z�ITM-N5DáN5W8Za/Je@KTM-=],!*�Za3�N5Z�1'3�ITM-1:K(N5W8IT/S1VN5`atQ1:=:I:^a*-NY,09@M+D�Ï�,!DS9`�N5UaDS9a,53�ev=:N!DS9@M-ITM-N!DSKV,53�1sD�NYI�*-1]K?K�M-GVZ�N53�I?,!DJI7I?NH=:N!3?3�1]=:I�`�1'/S,!O0M-N53KTM-G[UJ*-,0ITM-N5D}n

���mÐ � �����JÓ�� � Å�!8É¢Å@Ë]Å Ò�Ó��JÓ5Ö È Ò

E�)sw K?e@K?I?1:GHKN!2�1'3�,vO5,!3?M-1:IfeãN5W7I?1:=�/JDJM-ä0U�1:K�b�/JM-=?/Ú=:,!Dé`�1�=:,0I?1:ÏYN!3?M��:1]9 ,Y=:=:N53�9\M+DSÏáI?N�IT/S1�9a,YI?,�3�1'ZJ3�1:K?1'DJI?,0ITM-N5D}^�Mmn 1Yn��!w9@3�,!b�M+DSÏ0K,!DS9ãÛYw GHN@9J1'*-K(M+D�=�*+U�9@M+D�Ï·b�M+3�1�W�3�,0GH1Y^}KTUJ3?Wm,0=]1HN!3K?N5*+M-9�n�6�/S1VGH,5M+DáUSK?1HN!W�E�)sw 9J,0I?,�M-KsWmN!3CO0M-KTU�,5*+M��:,@ITM-N!D ,!DS9*-,0I?1�3sG�,!D@UJWm,0=:ITUJ3?M+DSÏ�N!W�IT/S1sG�N@9a1'*-1]9ãN5`atQ1:=:I?K:nXP¿I?K�N53?M-Ï!M+DSK(,0K�,!Dç,!USI?N0GH,YI?1:9v9@3�,!WmITM+DSÏ�K?e@K?I?1:G×,!3�1(K?ITM+*+*­1:O0M-9a1�DJI�M+D·GH,5DJe�N5WIT/S1s3�1'Za3�1]K?1'DJI?,0ITM-N5D�K:n

�!wâ9\3�,5b�M+DSÏ0K u 9\3�,5WmITM+D�Ïr�À,53�1�1:K?K?1'DJITM-,5*+*-eHZaM-=:ITUJ3�1:K�N!W�,�ZJ3�N@9\US=:I�" K<KT/S,!Z�1�,5DaDSN0I?,YI?1:9V`Je(K?e@G(`�N!*-KX,!DS9VI?1:ß@I:nÀ.rUS=�/²9\3�,5b�M+D�ÏYK<,53�1UJDa3�1'*+M-,5`a*-1H3�1'ZJ3�1:K?1'DJI?,YITM-N!DSK(N!W­IT/�1(N5`atQ1:=:I�KTM+D�=]1VN5WmI?1'D�KTM��:1(Z�,53�,0GH1:I?1�3�K�GM-Ï!/JI�`�1(,095tTU�K?I?1]9�USKTM+D�Ï�IT/S1(,!DJD�NYI?,0ITM-N!DSK(b�M-IT/�N5U�I=:N53?3�1:KTZ�N!DS9@M+D�Ï·Ï01:NYGH1:IT3?M-==�/S,!DSÏ01]K:n(w�3�,5b�M+D�ÏYK(=:,!Dv*-1]Ï!M-ITM-GH,YI?1'*-eá=:N5DJI?,!M+D·M+D�=:NYGVZJ*-1:I?1�N!3(K?=?/S1:GH,0ITM-=�Ï01:NYGH1:IT3?M-=9a1'ÎJDJM-ITM-N!DSK:n6�/aM-K�9J1:K?='3?M+ZSITM-N!Dê3�1�*+M-1:K�N5DdIT/S1v,!DJD�NYI?,0I?1:9d9@M-GH1'DSKTM-N!DJM+D�ÏØ,5D�9dKTM��]1vKTZ�1:='M+ÎS=:,0ITM-N5D�K:^b�M-IT/dIT/S1vÏ01]N0GH1:IT3?M-=·9J1'ÎaDJM-ITM-N!D�USK?1:9GH,5M+Da*-e�WmN537O0M-KTU�,5*+M��:,0ITM-N0Dln

) ÛYw×b�M+3�1'W�3�,0G�1²M-K�IT/�1�KTM-GVZJ*-1:K?IV`JU�I(*-1:,YK?IH=:N0GZa*-1:I?1�WmN!3�G N!W�K?N5*+M-9 3�1'ZJ3�1:K?1'DJI?,YITM-N!DlnáPmI(=:N!DSKTM-K?I?K�N!W�,vK?1]I(N!W7O01'3�ITM-=]1:KVN5DIT/S1sN!`Jt?1]=:I�1:ß@I?1'3?M-N!37I?NYÏ01:IT/S1'37b�M-IT/�IT/S1(='UJ3�O01:K$#51:9JÏ01:K7=:N!DJD�1]=:ITM+D�Ï�IT/S1:G�nXP¿I8M-K�`�1:I?I?1'3�KTUaM-I?1:9�WRN!3�IT/S1�DS1:1:9JK�N!W8O0M-KTUS,!*+M��],0ITM�N!Dl^`JU�I�*-,0=?>JK�KTUa3?WR,0=:1sM+DJWmN!3�G�,0ITM-N!Dln7P¿IXGH,5eH,!*-K?NH`�17,0G(`aM-Ï5U�N5U�K(b�/S1'3�1s,Y=:ITU�,5*8KTUJ3?Wm,0=]1:K�=:,!DJD�NYI�`�1sUaDJM-ä0US1'*-ev9a1]9\US=:1:9�W�3�NYG IT/S1b�M+3�1'W�3�,YGH10nCè�WmI?1'Dl^�IT/S1Hb�M+3�1'W�3�,0G�1[M-I?K?1'*+W�GH,5e�=:N5DJI?,!M+D·M+D�=:N5D�KTM-K?I?1�DJIHN!3�M+DS=:N0GVZJ*-1:I?1�I?N!Z�N5*-N0Ï!M-=],!*�=:N5DaDS1:=:ITM-O0M-IfeFM+DJWmN53�GH,0ITM-N5D}nPRDçGH,!DJe�b�,5e@K�IT/aM-K�3�1'ZJ3�1:K?1'DJI?,YITM-N!D·M-KsGH1'3�1�*-e�,!Dç1'*-1:=:IT3�N5DaM-=�O01'3�KTM-N5DáN5W8,H9@3�,5b�M+DSÏ�b�M-IT/çKTM-GVM+*-,!3KT/SN!3�I?=:NYGVM+DSÏ0K:n

)êÛYw¦KTUJ3?Wm,Y=:1VG�N@9a1'*�ÏY1'DS1'3�,!*+*-e·=:N!DSKTM-K?I?K(N!W�,�K?1:I7N!W�KTUJ3?Wm,0=]1[ZS,0I?=?/�1]Ksb�/aM-=?/·Î�I7I?N0Ï01]IT/�1'3CI?NVZJ3�N!O0M-9J1�,H=:NYGVZa*-1]I?1V3�1'ZJ3�1:K?1'DJoI?,0ITM-N5DÚN!W�IT/�1HN5U�I?1�3KTUa3?Wm,Y=:1�N!W�IT/S1HN5`atQ1:=:I:n�.@N0G�1HKTUa3?WR,0=:1�GHN@9J1'*-K(M+D�='*+US9J1�I?N!Z�N!*-N0Ï5M-=:,!*7M+DaWRN!3�GH,YITM-N!DâN!DéIT/�1�=:N!DJD�1]=:ITM-O0M-ITe`�1:Ifb�1:1'D�IT/S1<Z�,YI?=�/S1:K:n�)ÚKTUa3?WR,0=:1�GHN@9J1'*JZa3�N5O0M-9J1:KÀM+DJWmN53�GH,0ITM-N5D�=]N!DJI?1'DJI�Ï01'DS1'3�,5*+*-eHKTUaå²='M-1'DJI8WmN!3�KTUS=�/�,!ZJZJ*+M-=:,0ITM-N5D�K�,0K8KT/S,09J1:9O0M-KTUS,!*+M��:,YITM�N5D}^&%CEØGH,0=?/JM+DaM+DSÏv,!DS9�z8xâGH1:KT/JM+D�ÏJn

Û0w×K?N5*+M-9aKZa3�N5O0M-9J1�,v=:NYGVZa*-1]I?1²3�1�Za3�1:K?1�DJI?,0ITM-N!D N!W�IT/S1�I?N!Z�N5*-N0ÏYeá,!DS9áÏ01]N0GH1:IT3�e·N!W�,!DÚN5`atQ1:=:I:n�6�/�1�Ifb�N�GHNYK?I(=:N0G�GHN!DJ*-eUSK?1:9V3�1'ZJ3�1:K?1'DJI?,YITM-N!DSK�,53�1�`�N!UJD�9J,!3�e3�1'Za3�1]K?1'DJI?,0ITM-N5D u ;<ofy�1'Z��'^@b�/aM-=?/HZJ3�N!O0M-9J1:K�IT/S1�ÏY1:N0G�1:IT3?M-=�,!DS9HI?N!Z�N5*-N0Ï5M-=:,!*­=:N!DJD�1]=:ITM-O0M-ITe9J1:K?='3?M+ZSITM-N!DâN!W�IT/S1HN!`Jt?1]=:Is1'DJOY1'*-N!Z�1('8,!DS9·=:N!DSK?IT3?U�=]ITM-O01�K?N!*+M-9·Ï01:NYGH1:IT3�e u E�.JÍ(��ZJ3�N!O0M-9@M+DSÏã,HZJ3�N@=:1:9@Ua3�,5*<3�1'ZJ3�1:K?1'DJI?,YITM-N!DÚN5WIT/S1�N5`Jt?1:=:I:n8;XN0IT/�=:N5DJI?,!M+D�W�UJ*+*�I?N5Z�N!*-NYÏ!M-=:,5*8,5D�9HÏY1:N0G�1:IT3?M-=�9a1:K?=�3?M+Z�ITM-N5D�K�N!WlIT/S1�GHN@9J1'* u UJZ�I?NsIT/S1�K?e@K?I?1:G�9J1'ÎJD�1:9HZJ3�1:='M-KTM-N5D��'^,!DS9vb�/�1�D�USK?1:9v=:N!3?3�1]=:IT*-e�Ï5U�,53�,!DJI?1:1GHN@9J1'*8=:N5D�KTM-K?I?1�D�=:eYn

Page 3: 0/121'3547681:9 ;@1'35ACB0,!DFE

����� � É ��Ò Ë��QÅJÉ���É:È�� � �

)s=]=:1:K?KsI?NHM+DJWmN!3�G�,0ITM-N!DâK?I?N53�1:9FM+Dé,�E�)sw�K?e@K?I?1:G =:,!D·`�1(Za3�N5O0M-9J1:9Ú1'M-IT/�1�3IT/a3�N5U�Ï5/á1:ß0Z�N!3�I(N!WX9J,0I?,�M+Dé,HWmN!3�G�,0I�3�1],09J,!`J*-1I?NHIT/S1(I?,!3�ÏY1:I�K?e@K?I?1:GhN537IT/a3�N5U�Ï5/·,HK?1:I�N!W­,0=:=:1]K?K�3�N!USITM+DS1:K:n

� /JM+*-1VZJ3�N5O0M-9\M+DSÏv,0=:=]1:K?K�3�N5U�ITM+DS1:K(=:,5DvK?N!*-OY1VG�,!DJe�,YG[`JM-Ï!UJM-ITM-1:KIT/�,YIsGVM-Ï5/JIs,53?M-K?1[M+D·1:ß0Z�N!3�I?1:9v9J,0I?,J^�M-I�3�1]ä0UaM+3�1:K(IT/S,0I�`�NYIT/IT/S1HE�)sw#,!DS9vIT/�1z8xdK?e@K?I?1:G ,!3�1s*-N@=:,5*+*-eã,5O5,!M+*-,5`a*-1@nPmI�,5*-K?N�3�1:ä0UJM+3�1:K(K?IT3?M-=:I�Za3�NYI?N@=:N!*�9J1'ÎJDaM-ITM-N5D�K:^­b�/JM-=?/á,53�1[ZJ3�N!`J*-1:GH,YITM-=b�/�1�D�9a1],!*+M+DSÏHb�M-IT/�K?e@K?I?1:GHK8W�3�N0G�G(Ua*-ITM+ZJ*-1(O01�D�9JN!3�K:nXPRW�,(=:N0GHG�N!D�K?1:I�N!W�I?N@N!*-K<WmN53�,Y=:=:1:K?KTM+DSÏ(M+DaWmN53�GH,0ITM-N5D�W�3�NYGê,!DJeK?e@K?I?1:G=:N5Ua*-9�`�1,0Ï53�1:1:9�UaZ�N5D·,!DS9�M-GVZJ*-1:GH1'DJI?1:9�^lIT/aM-K7b�N!UJ*-9�`�1(N!W�KTM-Ï5DaM+ÎS=:,5DJIs`�1'DS1'Î�I7I?NVUSK?1'3�Ks,5D�9vOY1'D�9JN!3�K:n

x�ß0Z�N!3�IN!W�9J,0I?,�3�1:ä0UJM+3�1:KH,!Dé1:ß@,Y=:I(9a1�ÎaDJM-ITM-N!D N!W�WmN53�GH,0I(,YÏ!3�1:1]9ãUaZ�N!Dá`�1]ITb�1:1�DáIT/S1�K?N!UJ3�=:1H,!DS9áI?,53�Ï01:I(K?e@K?I?1:G�K:n�è�D�1HN5WIT/S1�GHN53�1v=:N0GHG�N!DJ*-e USK?1:9 ZJ3�N0I?N@=:N5*-K�M-K�PTÍsxX.ØÜ�i]j!ÝfnØ;�U�IVUSKTM+DSÏÙM-I�K?ITM+*+*73�1:KTUa*-I?K�M+DØZJ3�N!`J*-1:GHK�WmN!3�IT/S1�3�1]=:1'M-O0M+DSÏØK?e@K?I?1:G�nz�N53s1]ß@,0GVZJ*-1�PTÍsxX.�USKTU�,5*+*-ev9aN@1:K�D�NYI�ZJ3�N5O0M-9a1HI?N5Z�N!*-NYÏ!M-=:,5*�=:N5DaDS1:=:ITM-O0M-IfeFM+DJWmN!3�G�,0ITM-N!Dl^�*-1:,5O0M+D�Ï�M-IsI?NHIT/S1VI?,53�Ï01:I�K?e@K?I?1:G�^�I?N3�1:=:N5D�K?IT3?US=:I�M-I�W�3�NYG×IT/�1(ÏY1:N0GH1]IT3�e0n�zaUJ3�IT/S1'3(GHN53�10^�PfÍsx�.�9J,0I?,�=:N0GH1]K�M+D·GH,5DJe��S,!OYN!3�K7,!DS9v=:,!Dv`�1s/JM-Ï!/J*-e·KTUa`Jt?1:=]I�I?N�IT/S11:ß0Z�N53�IsN5Z�ITM-N5D�K7=�/SN0K?1'Dv`Je�IT/�1(K?N5Ua3�=]1(K?e@K?I?1:G�n

x�ß0Z�N!3�IN!W�9J,0I?,�M+DÚK?e@K?I?1:G KTZ�1:=�M+Î�=�WmN!3�GH,YI(=:,!D·`�1HUSK?1:9áGHN53�1H1'2�1:=]ITM-O01'*-eáI?N�N5O01'3�=:NYGH1�IT/�1]K?1²ZJ3�N!`J*-1:GHK:^8`JU�I:^­N!`JO0M-N!USKT*-e0^M-I(M-GVZ�N0K?1]KV*+M-GVM-I?,0ITM-N5DdN5DÚK?N!UJ3�=:1�,!DS9áI?,!3�ÏY1:I(K?e@K?I?1:G =:NYG[`JM+D�,YITM-N!DSK:n·)�Dé,0G(`aM-ITM-N5U�K�K?I?,!DS9J,!3�9JK[ZJ3�N0Ï53�,0G M-K(UJD�9J1'3�b�,5e·I?N1:K?I?,5`a*+M-KT/·=:NYGHGHN5D�I?1:=?/aDJM-ä0U�1]K�WmN53�KT/S,!3?M+DSÏH,!DS9H1:ß@=?/S,!DSÏ01(N!W�M+DJWmN!3�G�,0ITM-N!Dç,0I�,!*+*lK?I?,0ÏY1:K�N5W},sZJ3�N@9@U�=:I�" K<*+M+Wm1�oT=]e@='*-10n�6�/S1sK?I?,5Dao9J,!3�9vPf.aè�i:Û0jYÛ�Ü g!Ýf^@M-K<>@DSN!b�Dç,0K�.@6�x<� u IT/�1C.\68,5D�9J,!3�9�WmN!3�IT/S1sx�ß@=?/�,5D�ÏY1VN5W}�83�N@9@U�=:I�LvN@9J1'*8w7,0I?,r�<,!DS9�M-K�`�1'M+DSÏV3�1'*-1],0K?1:9,0KX,(K?1'3?M-1:K�N5W}ZS,!3�I?K:n�PmI�KT/�N5Ua*-9�Za3�N5O0M-9J1(Ï!3�1:,YI?1'3�K?I?,5D�9J,!3�9@M��:,0ITM-N5D·,!DS9�GHN53�1�=:N0GVZJ*-1:I?1(,5D�9�=:N5D�='M-K?1(G�N@9a1'*�9a1:K?=�3?M+Z�ITM-N5D�K:^�`JU�IM-I�M-K<DSN0I�b�M-9a1'*-eHUSK?1:9�,5D�9�M-K�K?ITM+*+*}UJD�9J1'379a1]O01'*-N5Z�GH1�DJI:n�_sN5b�1]O01'35^J1:OY1'D�M-I�b�M+*+*lD�NYI�K?N!*-OY1(,!*+*8IT/S1sIT3�,5D�KTWR1'3�3�1'*-,YI?1:9�Za3�N5`a*-1]GHK:n

����� �Ò���� Æ�Ë Ö Ë � Å��}Ô Ö É:Å��ãÅ Ò�Ó Ë

6�/�1�ZaUJ3?Z�NYK?1(N!W8,5D�,5*-e@KTM-K:^�b�/�1'D�U�K?1]9�,YK�Z�,53�I�N!W­IT/�179a1:KTM-Ï5DvZa3�N@=]1:K?K:^@M-K�ÏY1'DS1'3�,!*+*-e�I?N[ZJ3�1:9@M-=:IsIT/S1�W�UJDS=:ITM-N!DS,!*­,0KTZ�1:=]I?K�N5W8IT/S19J1:KTM-Ï!Dá3�,YIT/�1�3IT/�,5DáNYIT/�1'3(ZJ3�,0=]ITM-=:,!*XN!31:K?IT/S1:ITM-=HN5D�1]K:nV_71'DS=:10^lIT/�1'3�1D�1:1]9aK(I?NH`�1H,�='*-NYK?1�=:N!UJZa*+M+DSÏv`�1:ITbX1:1'DéIT/�1,!DS,!*-e@KTM-K3�1:KTUJ*-I?Ks,5D�9vIT/S1(9a1]KTM-Ï!DvM+DJWmN!3�GH,YITM-N!Dln

Lv1:KT/�Ï01�D�1'3�,YITM-N!DvM-K�,!D�1:K?K?1�DJITM-,!*}ZJ3�1'ZJ3�N@=:1:K?KTM+DSÏ�K?I?1'Z�WmN53�ÏY1'DS1'3�,0ITM+DSÏ�,!DS,!*-e@KTM-K�3�1]KTUa*-I?K�N!WlZa3�1]K?='3?M+`�1:9v,Y=:='UJ3�,0=:eHWmN53�IT/S1(Ï!M-OY1'D=:NYGVZaUSI?,0ITM-N5D�,5*�9aNYGH,!M+Dln�6�/�17ä0U�,5*+M-ITevN5W8IT/S1(GH1:KT/v=],!D�ZJ*-,5e�,5Dv1:K?K?1'DJITM-,5*}Wm,Y=:I?N!3�M+D�`�N0IT/çIT/�1(,Y=:='UJ3�,0=:e�N!W8IT/S1(z8xÚ,!DS,!*-e@KTM-K,!DS9�IT/S1(KTZ�1:1]9�N!W­IT/�17K?N!*+USITM-N!Dln�_s1'DS=:1(IT/S1�M+DJM-ITM-,!*X,!DS9�GHNYK?I<`S,0KTM-=(3�1:ä0UaM+3�1]GH1'DJI�W�3�N0G IT/S1sG�N@9a1'*-K�Za3�1�Z�,53�1:9�WmN53�,!DS,!*-e@KTM-KsM-KI?NH`�1HGH1]KT/�,5`a*-1HUSKTM+D�ÏvIT/S1VI?N@N5*-K(,5O!,5M+*-,!`J*-1vI?N�IT/�1(U�K?1�35nV)�*-GHN0K?I(,5*+*�IT/�1�,!USI?N0GH,YITM-=HGH1:KT/éÏ01'DS1'3�,YITM-N!DÚI?N@N5*-K[3�1:ä0UJM+3�1H,�W�Ua*+*Ï01]N0GH1:IT3?M-=,!DS9vI?N!Z�N!*-N0Ï5M-=:,!*X9J1:K?='3?M+ZSITM-N!DéN!W�IT/S1(GHN@9a1�*mn

LvN0K?IXO0N!*+USGH1(GH1]KT/aM+DSÏHI?N@N!*-K�3�1:ä0UJM+3�1(IT/S1�N5`Jt?1:=:I<`�1�ZJ3�1:K?1'DJI?1:9�,0K�,(O5,!*+M-9v=�*-N0K?1:9�K?N!*+M-9�^�9J1:GH,!DS9@M+D�Ï�,=:N0GVZJ*-1:I?17,!DS9�=:N53?3�1:=:I9J1:K?='3?M+ZSITM-N!Dlnv.@N0GH1�GH1:KT/JM+D�ÏvI?N@N5*-K�Ü-i:g5Ý�=:,!DéN!Z�1�3�,0I?1�N!D·*-1:K?K(=:NYGVZa*-1]I?1�9J1'ÎJDaM-ITM-N5D�K�N5W�ÏY1:N0GH1]IT3�e u 10n Ï�,!*+*-N5b�M+D�Ï·,�Ï!3�N5UaZÚN5WWm,Y=:1:Ksb�M-IT/·N5O01�3?*-,!ZJZaM+DSÏv1:9JÏ01:K71:I?=0n �²ZJ3�N!O0M-9J1:9·IT/�1(M+DS=:N!DSKTM-K?I?1'DS='M-15KV,53�1VK?GH,5*+*�b�M-IT/v3�1:KTZ�1:=:I7I?NHIT/S1V1'*-1]GH1'DJIsKTM��]10^�`aUSIsIT/S1:K?1,!3�1(IT/S1(1:ß@=:1�Z�ITM-N5Dã3�,YIT/�1'37IT/S,!D·IT/S1s3?Ua*-1Yn

6�/�1�N!`Jt?1:=:IGHN@9J1'*�='3�1],0I?1:9ã`JevIT/S1�9a1]KTM-Ï!DâK?e@K?I?1:G M-KVN5WmI?1'D·D�NYIVIT/S1HGHN@9J1'*�3�1]ä0UaM+3�1:9áWmN53IT/�1�,5D�,5*-e@KTM-K:nvz�N!3M+DSK?I?,!DS=:1�IT/S1=:,5O0M-ITeéN!W�,�GHN!*-9áM-K,!DÚN52�K?1:IO0N!*+USGH1�N!2âIT/�1�N53?M-Ï!M+DS,!*7N!`Jt?1:=]I:^8I?,!>@M+DSÏFM+DJI?N·,0=]=:N!UJDJI[3�1]IT3�,0=:ITM-N5D 3?UJ*-1:K:n·è�DéN!DS1H/�,5D�9�^8M+DN!3�9J1'3CI?N�=],!ZSITUa3�1(*-N@=:,!*8`�1'/�,5O0M-N53HIT/S1VÏY1:N0G�1:IT3�e�G(U�K?I�`�1(3�1'Za3�1]K?1'DJI?1:9·,0=:='UJ3�,0I?1�*-e0n(è�D·IT/S1(N0IT/S1'37/�,5D�9�^}b�/S1'D·N!DJ*-evÏ!*-N5`�,5*3�1:KTUJ*-I?K�,!3�1s3�1:ä0UJM+3�1:9�^�,0K�N5WmI?1'D�M-K�IT/�1(=:,YK?10^@*-N@=:,!*­9a1]I?,!M+*8G�,!e`�1s3�1:GHN5O01]9�nX.@IT3?U�=:ITUJ3�,!*­,!DS,!*-e@KTM-K(GH,5eV3�1]ä0UaM+3�1,[3�1]9\US=:ITM-N!D·N5WÛ0w#9a1:I?,5M+*-KsI?N��!w u GM-9��TKTUJ3?Wm,0=]1sM-9a1:,5*+M��:,0ITM�N!DSK:nC.\NYGH1:ITM-GH1:K�M-9J1:,!*+M��],0ITM�N!DéN!W�IT/S1sGHN@9J1'*lI?NV`S,0KTM-=(1'*-1:G�1'DJI?K�*+M+>r1s`�1:,0G�K:^�KT/S1'*+*-KN!3�ZJ*-,0I?1:K�M-Ks1:K?K?1�DJITM-,!*�I?NH=:,5Z�ITUJ3�1(=:N53?3�1:=:IT*-e�M-I�" K�ZJ/Je@KTM-=:,5*8`�1'/S,!O0M-N535n

��� � É¢Å�� � É:È�Õ@Å@Ë:Ë ÖmÒ � � Å��lÔ Ö É:Å��ãÅ Ò�Ó Ë

;�,YK?1:9dN!D IT/�1·ITe0Z�1]K�N5WIT/�1vZJ3�N!O0M-9J1:9#E�)sw 9a,YI?, ,5D�9dIT/S1v,!DS,!*-e@KTM-Kv3�1:ä0UJM+3�1:GH1'DJI?Kv,YK�b�1'*+*(,YK�IT/�1vIT3�,5D�KTWm1�3vI?1:=?/aDJM-ä0US1:K,5O5,!M+*-,!`J*-10^l,0K�9J1:K?='3?M+`�1:9v,5`�N5O010^SIT/�1sWRN!*+*-N5b�M+D�ÏHZJ3�N!`J*-1:GHKs,53�1s*+M+>@1'*-evI?N,!3?M-K?1(b�/S1'Dv,YI?I?1:GVZSITM+D�Ï�I?NGH1:KT/ç,HGHN@9J1'*lIT3�,!DSKT*-,0I?1:9W�3�NYG×,�E�)sw�K?N!UJ3�=:10n

æ PRDS=:N0GVZJ*-1:I?1(LvN@9J1'*-K�o �Ú/�1�DvIT/S1sN!`Jt?1]=:I<M-K�3�1'ZJ3�1:K?1'DJI?1:9�,0K�,KTUa3?WR,0=:1(GHN@9J1'*m^SIT/�17I?N!Z�N5*-N0Ï!M-=],!*�=:N5DaDS1:=:ITM-O0M-IfevGVM-Ï!/JI�DSN0I`�1sZa3�N5O0M-9J1:9�n�z�N!37,Hb�M+3�1'W�3�,YGH1(IT/S1VKTUJ3?Wm,0=]1(Ï01:NYGH1:IT3�e�9a1]K?='3?M+Z�ITM-N5DÚb�M+*+*8`�1s*-,0=?>@M+DSÏ�,0K�b�1�*+*mnæ PRDS=:N!3?3�1:=]I$#0PRDS=:N5D�KTM-K?I?1'DJILvN@9J1'*-K�o�M+D�=]N!DSKTM-K?I?1'D�=�M-1:K[M+D·G�N@9a1'*-K7=:,!D·,53?M-K?1[W�3�N0G IT/J3�1:1GH,5t?N!37K?N!UJ3�=:1:K:p

� M+DS=:N!DSKTM-K?I?1'DS='M�1]KsM+D�IT/S1s1]ß0Z�N!3�I<ÎJ*-1sWmN53�GH,0I u KTU�=?/�M+D�=]N!DSKTM-K?I?1'D�=�M�1:K7KT/�N5Ua*-9�`�1�3�1:GHN5OY1:9�b�M-IT/�IT/S1�USK?1sN5W}IT/S1(.@6�x<�WmN53�GH,0I�� '

Page 4: 0/121'3547681:9 ;@1'35ACB0,!DFE

� K?N!UJ3�=:1�E�)swêK?e@K?I?1:G�K�b�/S1'3�1(I?N!Z�N!*-N0Ï5M-=:,!*X=:N53?3�1:=:ITDS1:K?K�M-K�D�NYI�1]K?K?1'DJITM-,!* '� E�)swê9J,0I?,HZJ3�1:='M-KTM-N5Dã*-N5b�1'37IT/S1'D·IT/S,0I�U�K?1]9�`Je�IT/S1(,!DS,!*-e@KTM-K(K?e@K?I?1]G�n

æ c�DS9a1'ÎJDS1:9·Ís1:N0G�1:IT3�e�oX6�/�1s3�1'ZJ3�1:K?1'DJI?,YITM-N!D·U�K?1]9�M+D·IT/�1(K?N5Ua3�=:1(K?e@K?I?1]GhGH,5eHDSN0I�`�1(UaDS9a1�3�K?I?,!DS9a,5`a*-1H`Je�IT/�1I?,!3�ÏY1:IK?e@K?I?1:G�n�z�N!3�1:ß@,0GVZJ*-1K?N0GH1(K?e@K?I?1:G�K�USK?1(IT/S1�3�1'ZJ3�1:K?1'DJI?,YITM-N!DéN!W8,KTUJ3?Wm,0=:1(N5W}3�1:OYN!*+USITM-N!D·`Je�,!D�,0ß0M-K7,!DS9�,K?1:=:ITM-N!D·N5W3�1:O0N5*+U�ITM-N5D}^lb�/aM+*-1N0IT/S1'3�Ks9JNVDSN0I:næ èsO01'3?ofws1]I?,!M+*-1:9áG�N@9a1'*-KsoXN!WRI?1'D·IT/�1�E�)sw�GHN@9J1'*-KsZJ3�N!O0M-9J1:9ãM+DS='*+US9a1�G(Ua*-ITM+ZJ*-1�GVM+DSN!39J1:I?,!M+*-K(3�1'*-1:O5,!DJIsWRN!37IT/�19J1:KTM-Ï!D,!DS9dGH,!D@UJWm,0=]ITUa3?M+DSÏ `JU�I�M+3?3�1'*-1:O5,!DJIv,5D�9â1:O01�Dd/�,53�GVW�UJ*sWmN53�IT/S1·,!DS,!*-e@KTM-K:n PR3?3�1�*-1:O5,!DJIv9J1:I?,!M+*-K:^(b�/JM+*-1ã=]N!DJIT3?M+`JU�ITM+DSÏD�NYIT/aM+DSÏHI?N(IT/S1s,!DS,!*-e@KTM-K�3�1:KTUJ*-I?K:^�=],!D�=:NYGVZJ*+M-=:,0I?1(,5D�9�1:OY1'D�Za3�1:OY1'DJI�,5U�I?NYGH,0ITM-=7GH1:KT/JM+D�ÏHN5WlIT/�1�GHN@9J1'*l,!DS9�=:,!D�,52�1:=:IIT/�1�ä0US,!*+M-ITeÚN5WsIT/S1�GH1:KT/Ú=],!USKTM+D�ÏãM+3?3�1]Ï!UJ*-,!3?M-ITM-1:K�,!3�N!UJDS9ØIT/S1�9J1:I?,5M+*-K:náÍs1�D�1'3�,5*+*-eÚIT/�1�I?1'3�G GVM+DSN!3�9J1:I?,5M+*-K²3�1�Wm1'3�KI?NK?GH,!*+*­O0N!*+USGH1:IT3?M-=9J1:I?,!M+*-K u Wm1:,0ITUJ3�1:K��'^JK?GH,5*+*}Wm,Y=:1:K�,5D�9�KT/�N53�I�1]9aÏY1:K:^@`aUSI�IT/�179a1:=�M-KTM-N!DéN!D�b�/aM-=?/·9a1]I?,!M+*-Ks,53�1�M+3?3�1'*-1]O!,5DJIWmN!37,HKTZ�1]='M+Î�=,!DS,!*-e@KTM-K(ZJ3�N@=:1:9@Ua3�1GH,5e�9a1'Z�1'D�9·N!DçIT/�1(1]ß@,0=:I�ZJ3�N@=:1:9@Ua3�1V3�1]ä0UaM+3�1:G�1'DJI?K:næ E�NYGVZJ*-1:ßvLvN@9a1�*-Kso�x<OY1'D·,!WRI?1'3(,5*+*�IT/�1(M+D�KTM-Ï5DaM+ÎS=:,5D�I9a1]I?,!M+*-K,!3�1KTUaZJZa3�1]K?K?1:9 #:3�1:GHN5O01]9á,!DS9ã,5*+*8Z�N0K?KTM+`J*-1HM-9a1],!*+M��:,YITM-N0DN!W�IT/S1�GHN@9a1�*�Z�1'3?WmN53�GH1:9�^�IT/�1HG�N@9a1'*-K�GH,5eF`�1�K?ITM+*+*7I?N@Nv=:NYGVZa*-1]ßãWmN!3IT/S1�GH1:KT/JM+D�Ï·I?N@N!*-K�,!O5,5M+*-,!`J*-10néPRDÚKTUS=�/Ù=:,0K?1:KIT/�1H=]N0GHGHN5DÚK?N!*+USITM-N!DÚM-K9a1]=:N0GVZ�N0KTM-ITM-N!D N!W�IT/S1HGHN@9J1'*�M+DJI?N�ZS,!3�I?K(KTM-GZa*-1�1'D�N5U�Ï5/âI?N�`�1V/S,!DS9@*-1:9á`JeãIT/S1H,5O5,!M+*-,!`J*-1I?1:=�/JDJM-ä0U�1:K:^lb�/aM+*-1Za3�1:K?1�3�O0M+D�ÏvGH1]KT/·=:N!DJWmN!3�GM-ITevN!D·IT/S1(=:NYGHGHN!D·`�N5UaDS9a,53�e0n7ws1:=:NYGVZ�NYKTM-ITM-N!DÚM-Ks,5*-K?N�N!WRI?1'D�3�1:ä0UJM+3�1:9I?NH,0=?/aM-1]O019a1:KTM+3�1]9ãGH1]KT/�ZJ3�N!Z�1'3�ITM-1]K(KTU�=?/v,YK�*-N@=:,5*89J1'D�KTM-Ifev=:N!DJIT3�N5*m^�N53�IT/�NYÏ0N!DS,!*XGH1:KT/S1:K:^S1:I?=0n

68NsN5OY1'3�=:N0G�1�IT/�1�Za3�N5`a*-1:G�K�,!`�N5OY10^@N!DS1�G[USK?I89J1:O01'*-N5Z�I?N@N!*-KX,0K}M+DS9a1'Z�1'D�9J1'DJI�,YKÀZ�N0K?KTM+`J*-1�W�3�NYGêIT/�1�UaDS9a1�3?*-e0M+D�Ï�E�)7wØK?e@K?I?1:G�n6�/�1(=]N!DS=:1'ZSIsN!W­O0M+3�ITU�,5*�I?N!Z�N5*-N0ÏYe�M-K�M+DJIT3�N@9@U�=:1]9ãI?NH,Y=:=:NYGVZa*+M-KT/éIT/S1:K?1VN5`Jt?1:=:ITM-OY1:K:n

� ��Ö É Ó Ô ��� � È�!8È � È ��Æ � Å�� Ò8ÖRÓ¢Ö È Ò

)sG�N!DSÏvK?1:O01'3�,5*�3�1'Za3�1]K?1'DJI?,0ITM-N5D�K�N!W7ÛYw×GHN@9a1�*-K�IT/S,0I,!3�1HUSK?1:9áM+D E�)7w ,5D�9ÚIT/S1�KTUJ`SK?1:ä0U�1�DJI�,5D�,5*-e@KTM-K:^�;<ofy�1'ZÚ/�,YK[`�1]1'D,0=]=:1'ZSI?1:9Ú,0KIT/�1�GHNYK?IV=:NYGHGHN5D}n·PmI[ZJ3�N5O0M-9a1]KH,v=:N0GZa*-1:I?1�,!DS9áUaDS,0G(`aM-Ï5U�N5U�K�9a1�ÎaDJM-ITM-N!D N!W7IT/�1�K?N5*+M-9 IT/J3�N!USÏ!/ ,�=:N5D�=�M-K?13�1'ZJ3�1:K?1'DJI?,YITM-N!DéN!W�IT/S1s`�N!UJD�9@M+DSÏvI?N!Z�N5*-N0Ï0e�,!DS9v,V3�N!`JUSK?Is9J1'ÎaDJM-ITM-N!DéN!W�IT/S1sUJD�9J1'3?*-e0M+DSÏvÏ01:NYGH1:IT3�e0n

e5’

e5’

f2’

f2’

f3’f1

f1

e4 e4

f3’

������

������������

��������

����

����� �

��������

��������

��������

Split

v1

e1

v2e2

v3

e3

v4

f1

v4

e3

v3e2

e1

v2

v1

f3’

f2’e5

Topological Hierarchies

e1 e2 e3 e4

v1 v2 v3 v4

e1 e2 e3 e4

v1 v2 v3 v4

Guests/Hosts Structure

subs

etsubset

parasite

Original

e 1 e 2

v 1 v 2

v 3

v 1 v 2e 3 ’

e 3 ’

e 1 e 2

e 1 e 2

v 1 v 2v 3 v 2

e 3 ’

Topological Hierarchies

Original Merged

Guests/Hosts Structure

v 1

z}M-Ï!UJ3�1�i0p�6�/�171'Da/S,!DS=:1:9v;�o¿3�1�Z�WmN53sIfb�NITe0Z�1:K�N5W8O0M+3�ITUS,!*�1'DJITM-ITM-1:K7b�M-IT/vIT/S1(N!3?M-Ï!M+DS,!*�,5D�9�3�1]KTUa*-ITM+DSÏ�I?N5Z�N!*-NYÏ!M-=:,5*8/aM-1'3�,53�=�/JM-1:K,!DS9vIT/S1[3�1:KTUJ*-ITM+DSÏvO0M+3�ITU�,5*</JM-1'3�,!3�=?/Je�p u |}1'WmI���)êKTUJZ�1'3�K?1]I(O0M+3�ITU�,5*�1:9aÏY1(' u y�M-Ï5/JI���6�b�NHKTUJ`SK?1:I(O0M+3�ITU�,5*<WR,0=:1:K:^J3�1:KTUJ*-ITM+D�Ï�W�3�NYGKTZJ*+M-I?ITM+D�Ïv,VWR,0=:1(b�M-IT/v,�O0M+3�ITU�,5*8Z�,53�,0KTM-I?11:9aÏY1

6�/�1;<ofy�1'Z·9J1:K?='3?M+`�1:KIT/S1VI?N5Z�N!*-NYÏ0ev,!DS9·IT/�1Ï01:NYGH1:IT3�e�N!WX,�K?N5*+M-9F`�N!UJD�9J,!3�e0n[P¿I�USK?1:K7O01'3�ITM-=:1]K:^}1:9JÏ01]K:^�Wm,0=:1]Ks,!DS9vO0N5*+U�G�1:K,0K(IT/S1(`�,YKTM-=�I?N5Z�N!*-NYÏ!M-=:,5*71'DJITM-ITM-1:K:nH6�/S1V;�oTy�1'Z·ZJ3�N!O0M-9J1:KH,HW�UJ*+*X9a1:K?=�3?M+Z�ITM-N5DØN5W�IT/S1HI?N5Z�N!*-NYÏ!M-=:,5*s=]N!DJD�1:=]ITM-O0M-ITeã`�1]ITb�1:1�DáIT/S1

Page 5: 0/121'3547681:9 ;@1'35ACB0,!DFE

1'DJITM-ITM-1:K:^­KTU�=?/·,0K(b�/JM-=�/é1:9JÏ01:Ks`�N5UaDS9·,²WR,0=:10^�b�/JM-=�/·Wm,Y=:1:KsWmN53�G×,!Dé1'DJO01'*-N5Z�1�N!WX,�O0N!*+USGH10^l,!DS9·K?N�N5D}nC6�/S1=:N!DJD�1]=:ITM-O0M-ITeM+DJWmN!3�GH,YITM-N!DéN!W­,HK?N!*+M-9·=:,!D�`�1(O0M-1:b�1]9v,0K�,[/JM-1'3�,53�=�/JM-=:,!*XK?IT3?US=:ITUa3�1b�M-IT/v,HOYN!*+USGH1,0I�IT/S1(I?N!Zç,!DS9vO01'3�ITM-=:1]Ks,0IXIT/�1s`�NYI?I?N0G,!DS9�b�M-IT/�*+M+DJ>JK�`�1:ITb�1]1'D�1:,0=?/�/aM-Ï5/�1'3C9\M-G�1'D�KTM-N5D·1'DJITM-ITe�,5D�9H*-N5b�1'3�9@M-GH1'DSKTM-N!D·1�DJITM-ITM-1:KsIT/S,0I<`�N!UJD�9�M-I u ,0K<M+D�z}M-ÏJn�i¢�'n � /S1'D3�1'Wm1�3?3?M+D�ÏHI?N1'DJITM-ITM-1:K�M+DçIT/�1�/aM-1'3�,53�=�/JeY^�,!`�N!OY1(IT/�17='UJ3?3�1'DJI�1'DJITM-ITe0^JIT/S1sI?1'3�G �¿UJZaZ�1'37I?N!Z�N5*-N0Ï0e��HM-K�=]N0GHGHN5Da*-e�U�K?1]9�n�x8DJITM-ITM-1:K`�1'*-N5bêIT/S1(1'DJITM-Ife�M+D·IT/S1s/aM-1'3�,53�=�/Je�,!3�1(3�1'Wm1'3?3�1]9�I?NH,YK�M-I�" K��¿*-N5b�1'3CI?N!Z�N5*-N0ÏYe��an

x�,0=?/ÚI?N!Z�N5*-N0Ï5M-=:,!*C1'DJITM-ITev/�,YKV,�W�UJ*+*�Ï01:NYGH1:IT3?M-=�9J1:K?='3?M+ZSITM-N!D�KTUS=�/Ú,YK(,v='UJ3�O01HWmN!3,5DÚ1:9JÏ01�,!DS9á,�KTUa3?Wm,Y=:1HWmN!3,�WR,0=:10n�6�/S1Ï01]N0GH1:IT3?M-=9J1:K?='3?M+ZSITM-N!DáM-K�USKTU�,5*+*-eã1'DS=:,5Z�KTUJ*-,0I?1:9·,0K�,HK?1�Z�,53�,0I?11'DJITM-ITe0n

6�/aM-K�,5ZaZJ3�N0,Y=�/ç='3�1:,0I?1]K�,VN5D�1�oTI?N5ofN!DS1(=:N!3?3�1:KTZ�N!DS9a1'DS=:1(`�1:Ifb�1:1'D�I?N!Z�N!*-N0ÏYe�,5D�9�Ï01:NYGH1:IT3�e0^JKTUS=�/çIT/�,YI�,!DJeH,Y9!tfU�K?I?GH1�DJI�N5W8IT/S1I?N!Z�N!*-N0ÏYeá3�1:ä0UaM+3�1]K�=?/S,!DSÏ!M+DSÏáIT/�1�ÏY1:N0GH1]IT3�eá,0KHbX1'*+*m^8M+DØN53�9a1�3�I?N�Za3�1]K?1'3�O01�IT/�1�UaDJM-ä0U�1v=]N!3?3�1:KTZ�N5D�9J1'DS=:1vN!W7I?N5Z�N!*-NYÏ0eÚ,!DS9Ï01]N0GH1:IT3�eYn

6�/�1�O0M+3�ITU�,5*�I?N5Z�N!*-NYÏ0eá1'DJ/S,!DS=:1:GH1'DJIN!W�IT/�1H;�o¿3�1�ZãUJD�=]N!UJZa*-1:K�IT/�1HI?N5Z�N!*-NYÏ0eãW�3�N0G IT/�1HÏY1:N0G�1:IT3�e0n �Ú/aM+*-1�M+DÚIT/S1HK?I?,!DS9a,53�9;<ofy�1'Z·1:,Y=�/é1'DJITM-ITe�/S,0K7,�GH,0IT/S1:GH,YITM-=:,!* u Ï01:NYGH1:IT3?M-=5�s9J1:K?='3?M+ZSITM-N!DÙ,0I?I?,0=?/S1:9�^�M+DéIT/�11'DJ/�,5D�=:1]9ã;<ofy�1'Zé,!D·1'DJITM-Ifev=:,!Dv/S,5O01,�O0M+3�ITU�,5*�9J1:K?='3?M+ZSITM-N!DÚM+DSK?I?1:,09�n6�/@U�K7ITb�N�ITe0Z�1:KsN5W�I?N5Z�N!*-NYÏ!M-=:,5*s1�DJITM-ITM-1:K(,!3�19a1�ÎaDS1:9�^}`�,YK?1:9·N!D·IT/S1HÏ01:NYGH1:IT3�e�9a1:K?=�3?M+Z�ITM-N5D,0I?I?,Y=�/S1:9�p

æ�������� ^�=:N5DJI?,!M+DJM+D�Ï·,0K7IT/�19J1:K?='3?M+ZSITM-N!DâIT/�11:ß@,Y=:I:^}G�,0IT/S1:GH,0ITM-=],!*X9a1'ÎJDJM-ITM-N!DâN!W�IT/S1H1'DJITM-IfevÏ01:NYGH1:IT3�e u ='UJ3�O010^lKTUa3?WR,0=:10^1:I?=0n-n�n �æ�� ��������� ^�3�1'WR1'3�1'DS='M+D�Ï·I?N!Z�N!*-N0Ï5M-=:,!*71'DJITM-ITM-1]K²W�3�N0G b�/JM-=�/ÚIT/S1�1'DJITM-ITe·Ï01]N0GH1:IT3?M-=�9a1]K?='3?M+Z�ITM-N5DØM-KI?N�`�1H9J1'3?M-O01]9 ,5D�9ÚIT/S1ITe0Z�1(N5W83�1'*-,0ITM-N5D�KT/JM+ZÚb�M-IT/·IT/�NYK?1(1'DJITM-ITM-1:K(,YK�9J1:K?='3?M+`�1:9F`�1'*-N5b[n

6�/�171'DJITM-ITM-1:K7N!Dvb�/JM-=�/çIT/�17O0M+3�ITU�,5*8I?N5Z�N!*-NYÏ!M-=:,5*�1'DJITM-IfeH3�1'*+M-1:Ks,53�1s9J1'ÎJD�1:9�,0K�����������N5W8IT/S1(1'DJITM-ITe0n�)�O0M+3�ITU�,5*81'DJITM-IfeHZa3�N5O0M-9J1:K,!*+*XIT/S1HÏ01:NYGH1:IT3?M-=VZJ3�N!Z�1'3�ITM-1:KN!W�,H3�1:,5*�1'DJITM-Ife�`Jev,0=:=]1:K?KTM+D�ÏvIT/S1V/SN0K?I?K�"l9a,YI?,an)�D·1�DJITM-ITe·IT/�,YI�3�1'*+M-1:KN!Dé,!DSN0IT/S1'3�1'DJITM-ITe�M-K=:,5*+*-1:9ã,������ �!�<N!W�IT/S,0I�1'DJITM-Ife0n

6�/�1XK?IT3?U�=:ITUJ3�1:K�N5W�IT/S1�Ï5U�1]K?I$#¢/SN0K?I83�1'*-,0ITM-N5D�KT/JM�ZSK�O5,!3�e9a1'Z�1'D�9@M+DSÏHN!D�IT/S1�1:9@M-ITM+D�ÏN!Z�1�3�,0ITM-N!DSK�,5ZaZJ*+M-1:9�^�,!DS9HIT/�1�D�,YITUa3�1�N!WlIT/S1I?N!Z�N!*-N0ÏYeV`�1'M+DSÏ1:9\M-I?1]9�n�~�M+3�ITUS,!*�I?N!Z�N5*-N0Ï!M-=],!*81�DJITM-ITM-1:K�,!3�1X='*-,0K?KTM+ÎS1:9�,YK<N5D�1�N5W�IT/�1�WmN!*+*-N5b�M+D�Ï�ITe0Z�1:K8`S,0K?1:9HN5D�IT/S1<3�1'*-,0ITM-N5D�KT/JM-Zb�M-IT/vIT/S1'M+3s/SN0K?I u K��'p

æ .rUJZ�1'3�K?1:I?K:nX6�/�1:K?171'DJITM-ITM-1:K�3�1'Wm1'3�1'DS=:1(K?1:OY1'3�,!*�/SN0K?I�1'DJITM-ITM-1:K:^J3�1'ZJ3�1:K?1'DJITM+DSÏ�IT/S1'M+3�UJDaM-N5D u 10n ÏJn8ITbXNV1:9JÏ01]K�=]N0G(`aM+DS1:9�M+DJI?NN!DS1(,0K�M+Dçz}M-Ïan8i u |l1'WmI��?�'næ .rUJ`�K?1]I?K:n(6�/�1:K?11'DJITM-ITM-1:K(3�1'Wm1�3�1'D�=]1V,�KTM+DSÏ!*-1H/�NYK?I:^�3�1'ZJ3�1:K?1'DJITM+DSÏv,²Z�N!3�ITM-N!DéN!WXIT/S1[/SN0K?I71'DJITM-ITe u 10n Ïan7,HZ�,53�IsN5W�,²/SN0K?IWm,0=:1(,YK�IT/�1(Ifb�NHIT3?M-,!DSÏ!UJ*-,!3(WR,0=:1:K#"%$�&],!DS9'"%(�&:N5Dvz}M-ÏJn}i u y�M-Ï!/JI��?�'næ PRDJI?1'3?Z�N5*-,!DJI?K:n�6�/S1:K?1s1'DJITM-ITM-1]K�3�1'Wm1�3�1'D�=]1(K?1:O01'3�,5*}/SN0K?I�1'DJITM-ITM-1:K7,!DS9�WmN53�G×,!Dç,!OY1'3�,0ÏY1(1'DJITM-ITeH`S,0K?1:9vN5DvIT/S1�/SN0K?I�9J1'ÎaDJM+oITM-N!DSK u 10n Ïan�,HKTM+DSÏ!*-1H1]9aÏY1s`�,YK?1:9vN!Dç,HK?1:I�N!W8DS1:,!3?*-e�N5O01'3?*-e0M+DSÏv1:9JÏ01:K��'næ �8,!3�,0KTM-I?1]K:n�6�/�1]K?1(1'DJITM-ITM-1:K�3�1�Wm1'3�1'DS=:1(,HKTM+DSÏ!*-1(/aM-Ï5/�1�3(9@M-GH1'DSKTM-N!DS,!*�/�NYK?I�,5D�9�3�1�*-e�N5D�M-I�I?NVZJ3�N5O0M-9a1Ï01:NYGH1:IT3�e u 10n Ïan8,5D1:9aÏY1(=:N!DSK?IT3�,!M+DS1:9áI?N*+M-1VN5Dv,VWm,Y=:1(,0K�M-K7IT/�1(=:,YK?1sWmN!3 �!) &:N5Dvz}M-ÏJn}i u y�M-Ï!/JI��?�'næ è�3?Za/S,!DSK:n�6�/�1:K?1�1'DJITM-ITM-1:KV/S,5O01HD�N�/�NYK?IV1�DJITM-ITM-1:K:^8,!DS9ã/S1'DS=:1HD�N�,0=:ITUS,!*�ÏY1:N0G�1:IT3?M-=�9a1:K?=�3?M+Z�ITM-N5DØ,5D�9·3�1'*-eãN5Dá,�O01'3�eKTM-GVZa*-1·Ï01]N0GH1:IT3�eé9a1'3?M-OY1:9ØW�3�NYG IT/S1'M+3�`�N!UJD�9J,!3�e u 10n ÏanÚ,vWm,0=:1�=:N!DSK?IT3?US=:I?1:9 W�3�N0G ,·K?1:IHN5W(1:9JÏ01]KHb�M-IT/ØDSNã1:ß0ZJ*+M-='M-IKTUa3?Wm,Y=:1(9J1'ÎaDJM-ITM-N!D��'n

6�/aM-K8bX,!e�M+D�IT/�1�1'DJ/�,5D�=]1:9HO0M+3�ITUS,!*S;<ofy�1�ZITb�N</JM-1'3�,53�=�/JM-=:,!*�K?IT3?U�=:ITUJ3�1:K8,53�1ÀZJ3�N5O0M-9a1:9�^@IT/S1�I?N!Z�N!*-N0Ï5M-=:,!*�=:N!DJD�1]=:ITM-O0M-ITeK?IT3?U�=]ITUa3�1,!DS9�,s/SN0K?I?K$#5Ï!US1:K?I?KsK?IT3?US=:ITUJ3�1sb�/JM-=�/�/�N5*-9aK�M+D�M-I�" K<*-1:,5WmK+*,��-/.l1'DJITM-ITM-1:K:^S,!DS9�IT/J3�N!USÏ!/vb�/JM-=�/çIT/�17O0M+3�ITU�,5*l1'DJITM-ITM-1:Ks9J1'3?M-OY1(IT/�1'M+3Ï01]N0GH1:IT3?M-=Za3�N5Z�1'3�ITM-1:K:n(6�/S1�0�1�2 � I?N!Z�N!*-N0Ï5M-=:,!*�1'DJITM-ITM-1:KsM+D·GHNYK?Is=:,YK?1:Ks,53�1[DSNH*-N!DSÏ01'3(ZS,!3�I7N!WXIT/�1;<ofy�1'Z·N!WXIT/�1N!`Jt?1]=:I:^a`JU�IN!DJ*-e�ZS,!3�I7N!W­IT/�1(O0M+3�ITUS,!*8/JM-1'3�,!3�=?/Je u ,0K�M+D·IT/S1(1:ß@,0GZa*-1:KsM+Dçz}M-Ïan8i�'n

6�b�NH1:ß@,YGVZJ*-1:K(N!W�IT/S1(1'DJ/�,5D�=:1]9ã;<om3�1'Z·K?IT3?US=:ITUJ3�1V,53�1(KT/�N5b�DvM+D·z}M-Ïan8iYn�è�DçIT/�1(*-1'WmI�ÎSÏ!UJ3�1V,32 �546�!� 2 �!� 1:9JÏ01s`S,0K?1]9ãN5DvITbXNK?IT3�,!M-Ï5/JI��������}1]9aÏY1:KÀM-KX9\M-KTZJ*-,5e01:9�n7è�D�IT/S1�3?M-Ï5/JI�,(O0M+3�ITUS,!* 46�/�7� 2 ��� 1:9JÏ01�M-K�='3�1:,YI?1:9HN5D�I?N5Z�N!Wl,sWm,Y=:10^@,5D�9�Ifb�N82 ��9 2 �!� O0M+3�ITU�,5*Wm,Y=:1:K�,!3�1(='3�1],0I?1:9vN5DvIT/S1(ITb�NV3�1]KTUa*-ITM+DSÏ�Wm,Y=:1sZS,!3�I?K:n

~�M+3�ITUS,!*�1�DJITM-ITM-1:K(IT/�1]GHK?1'*-O01]K(=:,!D�`�1V1]9\M-I?1:9·,!DS9vIT/@USK�IT/S1Ï!US1:K?I$#¢/SN0K?Is3�1'*-,YITM-N!DSKT/aM+ZÙ=:,!Dv`�1(3�1:='UJ3�KTM-O01Yn7PRD·N0IT/S1'37b�N53�9aK:^�IT/S1DS1:b�*-e�=�3�1:,0I?1:9�O0M+3�ITU�,5*}*-,5e01�3�M-K�,5D�,Y=:ITUS,!*8I?N5Z�N!*-NYÏ0e�b�/JM-=?/v=:,5D�`�171:9\M-I?1]9vKTM-GVM+*-,!3?*-evI?NIT/�1�M+DaM-ITM-,5*<3�1],!*lN!DS10n�6�/@U�K�,(DS1:K?ITM+D�ÏN!W�O0M+3�ITUS,!*�1�DJITM-ITM-1:K�M-K7,!*+*-N5b�1:9vb�/S1'3�1'`Je�,�Ï!US1:K?I�N!W�N!DS11'DJITM-ITe�GH,5e�M-I?K?1�*+W<`�1(,/�NYK?I�N5W�,!DSN0IT/S1'3(1�DJITM-ITe0n

6�/�1(K?1�Z�,53�,0ITM-N!DÙN!W�I?N!Z�N!*-N0ÏYev,!DS9vÏ01:NYGH1:IT3�e�,!*+*-N5b�K(,H=:N0G�GHN!D·KTM-GVZJ*+M+ÎS1:9áM+DJI?1'3?Wm,0=]1[WmN53�`�N0IT/v3�1:,5*8,5D�9vO0M+3�ITUS,!*XI?N!Z�N5*-N0Ï5M-=:,!*1'DJITM-ITM-1:K:n6�/S1VU�K?1�3sM-KsDSN0I(1:ß0Z�NYK?1:9·I?N�IT/S1HIfe0Z�1VN5W�O0M+3�ITUS,!*�1'DJITM-ITev,5D�9·IT/�1Ï!US1:K?I$#:/�NYK?I[3�1'*-,YITM-N!DSKT/aM+ZÚM-Ks/JM-9a9J1'DÚI?N�KTM-GVZJ*+M+WmeUSK?1'3�M+DJI?1'3�,0=:ITM-N5D�K:n

Page 6: 0/121'3547681:9 ;@1'35ACB0,!DFE

��Ö É Ó Ô ��� � È�!8È � È ��Æ���!8ÅJÉ �JÓ È�É:Ë

E�N!DSK?IT3?U�=]ITM-N!D·N!W­,VKTUJM-I?,!`J*-1HI?N5Z�N!*-NYÏ0e�M-K�,Y=�/JM-1:O01]9vIT/a3�N5U�Ï5/·IT/�1�U�K?1(N5W8,K?1:I�N!W­O0M+3�ITU�,5*�I?N!Z�N5*-N0ÏYe�N!Z�1'3�,0I?N53�K:n�6�/�17N!Z�1�3�,0I?N!3�K*-,!3�ÏY1'*-ev=:N53?3�1:KTZ�N!DS9vI?NHIT/S1(xÀUJ*-1'3CN!Z�1'3�,YI?N!3�K79a1'ÎJDS1:9F`Je�L��,5DJITM+*��,ãÜ L��,!DJITM+*��,a^8i]g0àYà0ÝT^J,!DS9�bX1'3�1(9a1�ÎaDS1:9vI?NVZ�1�3?WmN!3�G×IT/S1VN5Z�1'3?o,0ITM-N5D�K(DS1:=:1:K?K?,53�evb�/S1'Dé1:9@M-ITM+D�Ï·E�)sw�GHN@9J1'*-K(WmN!3C,!DS,!*-e@KTM-K:n�)�*+*�IT/�1N!Z�1�3�,0I?N!3�K,!3�1,!ZJZJ*+M-1:9 1�� ��� N!D·IT/S1HGHN@9J1'*�I?N5Z�N!*-NYÏ0e0^*-1:,5O0M+DSÏ�IT/S1(Ï01:NYGH1:IT3�e�UJDS=�/S,!DSÏ01:9·,0K�N5ZaZ�NYK?1:9vI?NHK?I?,5D�9J,!3�9éE�)sw�N!37K?N!*+M-9·GHN@9J1'*+M+D�Ï�K?e@K?I?1:GHK:n

6�/�1]esM+D�='*+US9J1s*-N!bá*-1:OY1'*�N5Z�1'3�,0I?N53�KÀZ�1'3?WmN!3�GM+D�Ï(,5*+*�IT/�1�D�1:=]1:K?K?,!3�e1:9@M-ITM+D�ÏHN5Z�1'3�,YITM-N!DSK:^a,YK8b�1'*+*S,0K8K?1:OY1'3�,!*S/aM-Ï5/H*-1:O01�*�N!Z�1�3�,0I?N!3�KZ�1'3?WRN!3�GVM+DSÏH=:NYGHGHN!DJ*-e�3�1�Z�1:,0I?1]9�K?1:I?K�N5WlN!Z�1'3�,YITM-N!DSK:n�6�/�171:9\M-ITM+DSÏHZa3�N@=]1:K?K�=:N0GHG�N!DJ*-e�K?I?,53�I?K�b�M-IT/v,K?I?,!DS9a,53�9�;<ofy�1'Z�b�M-IT/DSNHO0M+3�ITU�,5*�1'DJITM-ITM-1:K:n %71:=:1:K?K?,53�e�,Y9!tfU�K?I?GH1�DJI?Ks,!3�1(IT/S1'D·9JN!DS1[USKTM+DSÏ�IT/S1:K?1(N5Z�1'3�,0I?N53�K:n6�/�1s*-N5bd*-1:O01�*�O0M+3�ITU�,5*�I?N!Z�N5*-N0Ï0e�N!Z�1�3�,0I?N!3�K�M+D�=�*+U�9J10p

æ Lv1'3�Ï!M+DSÏ�N!W�,095t?,Y=:1'DJIs1�DJITM-ITM-1:KsN5W�KTM-GVM+*-,!39@M-GH1'DSKTM-N!Dl^�WRN!3�GVM+DSÏ�, 2 �,46�!� 2 �!� 1'DJITM-Ife0næ .rZJ*+M-I?ITM+D�ÏvN5W�1'DJITM-ITM-1:K�M+DJI?N²ZS,!3�I?K�,5D�9�WmN53�GVM+DSÏ 2 ��9 2 �!� 1'DJITM-ITM-1]K:næ E�N5DaDS1:=:ITM-N5DáN5W8,HK?1]I�N5W�1'DJITM-ITM-1:KsM+DJI?N�,!D � ���!� 4 1 � � � � 1'DJITM-ITe�b�/JM-=?/vM+DJI?1'3?Z�N!*-,YI?1:KIT/�1s/SN0K?I�1'DJITM-ITM-1:K:næ E�N5D�K?IT3?US=:ITM-N5D·N!W8M+DS9\M-O0M-9@U�,0*XO0M+3�ITUS,!*81�DJITM-ITM-1:K:^�N!W�1'M-IT/S1'37IT/S1 4��/��� 2 � � N53 1 � 4 0 � �(ITe0Z�1Y^\Mmn 10n�b�M-IT/·,[/JM-Ï!/S1'3C9\M-GH1�D�KTM-N5D�,5*/�NYK?I:^�N!37b�M-IT/vDSNV/�NYK?I?K:n

6�/�1H/JM-Ï!/Ú*-1:OY1'*7N!Z�1'3�,YI?N!3�K(M+DJIT3�N@9\US=:1:9ÚM+DâIT/�1HZJ3�1:K?1'DJIHb�N53?>ãZ�1'3?WmN!3�G =:NYGHGHN5DÚK?1:ä0US1'D�=]1:K�N!W�*-N5b¦*-1]O01'*7N!Z�1'3�,0I?N53�K:nã6�/S1:eM+DS='*+U�9J10p�=:N5*+*-,!ZSK?1HN!W8WR,0=:1:K�I?NH,5Dv1:9JÏ01N!37,HOY1'3�I?1:ß 'J3�1:GHN5O5,!*8N5W�IT/a3�N5U�Ï5/v/�N5*-1:K�'�=:NYGVZa*-1]ß�=:N5DaDS1:=:I7N!Z�1'3�,YITM-N!DSK:n

6�/�1�N5Z�1'3�,0I?N53�K[ZJ3�N5O0M-9a1vIT/S1HU�K?1�3HIT/S1�I?N@N!*-KHI?N�1:9\M-I�IT/�1�GHN@9J1'*m^8`aUSI9aN�DSN0I(3�1'ZJ*-,0=:1vIT/S1H9J1:='M-KTM-N!D�G�,!>@M+DSÏFZJ3�N@=:1:K?K:nv6�/S1Z�NYK?KTM+`aM+*+M�ITM-15KVN5W8,!USI?N0G�,0ITM-N!DéN!W�IT/S1(1:9@M-ITM+D�Ï�Za3�N@=]1:K?Ks,53�1(9\M-K?='USK?K?1:9vM+D·IT/�1(K?1]=:ITM-N!DSK�`�1�*-N!b(n

6�/�1(N5Z�1'3�,YI?N!3�Ks,53�1(9a1]K?='3?M+`�1:9vM+D·GHN!3�1(9J1:I?,5M+*8M+DvIT/S1sWmN!*+*-N5b�M+D�ÏvKTUJ`SK?1:=:ITM-N!DSK:n

��mÐ ÈaÇ Å��Å � ��!8ÅJÉ �aÓ È�É:Ë

�ÃÅJÉ���Å

6�/�1vG�1'3�Ï01·N!Z�1�3�,0I?N!3ç,!*+*-N5b�KvGH1'3�Ï5M+D�Ïâ,095t?,0=:1�DJI�I?N!Z�N!*-N0Ï5M-1:KvN!W�KTM-GVM+*-,53·9\M-GH1�D�KTM-N5DêM+DJI?NÚN!DS1F`JeÚ3�1:GHN5O0M+D�ÏâIT/�1v=]N0GHGHN5D`�N5UaDS9a,53�e0nxÀDJITM-ITM-1]K(N!WXKTM-GVM+*-,!3�9\M-G�1'D�KTM-N5Dâ=:,!Dv`�1�GH1'3�Ï01]9�M+W�IT/S1:evKT/S,!3�1,�=]N0GHGHN5Dã`�N!UJD�9J,!3�e·,!DS9F/S,5O01=:N0G�GHN!D·UaZJZ�1'3I?N!Z�N!*-N0ÏYe0n�Í�M-O01'DÙ,�K?1]IsN!WX,095t?,Y=:1'DJI(1'DJITM-ITM-1:K,�O0M+3�ITU�,5* 2 �,4��!� 2 �!� 1'DJITM-Ife�M-K(='3�1:,YI?1:9ãb�M-IT/éIT/�1N!3?M-Ï5M+D�,5*�1'DJITM-ITM-1:K,0K�M-I�" Ks/SN0K?I?K:n6�/�1s*-N5b�1�3sI?N5Z�N!*-NYÏ0evN5W�IT/�1sDS1:b�1'DJITM-ITe�M-K�IT/S1(UaDSKT/�,53�1:9�*-N5b�1'3CI?N!Z�N5*-N0Ï0e�N!W�IT/S1s/�NYK?I?K:n

u ,r� u `��

z}M-Ï!UJ3�1Ú�@p u ,@��)h3�N!UJDS9a1:9�N@=:I?,YÏ0N!DS,!*ZJ3?M-K?G�n u `���6�/�1·GHN@9J1'*,!WmI?1�3�G�1'3�Ï01'3çN!WIT/S1ãOY1'3�ITM-=:,5*(Wm,0=:1]K:n�6�/S1·Ï01:NYGH1:IT3�e M-KUJD�=?/�,5D�ÏY1:9�^�`JU�I�IT/S1(I?N!Z�N5*-N0ÏYe�M-K�DSN!b�IT/S,0I�N!W�,H=]e0*+M+D�9J1'35n

z�N531:ß@,0GVZJ*-10^8Ifb�N�1]9aÏY1:K(=:,!Dé`�1HGH1'3�ÏY1:9vM+WsIT/S1:e�/S,5O01H,�=:N0GHG�N!DÚOY1'3�I?1:ßv,!DS9ã`�1�*-N!DSÏvI?N�IT/S1HK?,0GH1�K?1:I(N5W<WR,0=:1:K:n²PRDéIT/aM-K=:,YK?1(,[DS1:b 2 �546�!� 2 �!� O0M+3�ITU�,5*�1:9aÏY1sM-K�='3�1:,0I?1]9�b�M-IT/�IT/�1(Ifb�NVN53?M-Ï!M+DS,!*�1:9JÏ01]K�,YK�/�NYK?I?K�,5D�9�IT/�1�UaDSKT/S,!3�1:9vOY1'3�ITM-=:1:K7N!W8IT/S1�/SN0K?I1:9JÏ01:K7,0K�1'DS9�OY1'3�ITM-=:1:K:n

6�/�1�D�1]bd1'DJITM-ITeH3�1:KTUJ*-ITM+D�Ï�W�3�N0G ,VG�1'3�Ï01�3�1'Za*-,Y=:1:K7IT/�1�/�NYK?I�1�DJITM-ITM-1:K�M+DvIT/S1sUaZJZ�1'37I?N!Z�N!*-N0ÏYe�9J1'ÎJDaM-ITM-N5D u 10n Ïan­b�/S1'DçGH1'3�Ï!M+DSÏITbXN�Wm,0=:1]K[`�1�*-N!DSÏ!M+DSÏáI?Nv,vKTM+D�Ï5*-1vO0N5*+U�GH1Y^�IT/S1²DS1:b�Wm,0=:1H3�1'ZJ*-,0=]1:KHIT/S1�Ifb�N�/SN0K?I(Wm,0=:1]K[M+DâIT/S1²`�N!UJD�9@M+D�ÏáWm,Y=:1:K(*+M-K?IHN!W7IT/S1O0N5*+U�G�15�'n�)�Dv1:ß@,YGVZa*-1N!W8WR,0=:1(GH1�3�Ï01sM-KsKT/SN5b�D�M+D·z}M-Ïan��\^Sb�/S1'3�1(,5*+*8IT/S1(KTM-9a1(Wm,0=]1:K�N!W�IT/S1sZa3?M-K?G ,!3�1(GH1�3�Ï01:9�M+DJI?N�,�KTM+D�Ï5*-1Wm,Y=:10n

Page 7: 0/121'3547681:9 ;@1'35ACB0,!DFE

�&! �mÖ�Ó

) KTM+DSÏ!*-1�I?N5Z�N!*-NYÏ!M-=:,5*(1'DJITM-Ifev=:,!Dá`�1HKTZa*+M-I(M+DJI?NvITbXN�N!3G�N!3�1VZJM-1:=:1:K(`Je�M+DJIT3�N@9@U�='M+DSÏãDS1:bê`�N!UJDS9a,53?M-1:K:n�)�Dá1�DJITM-ITevU�K?1:9é,0K,�KTZJ*+M-I?ITM+DSÏF`�N5UaDS9J,!3�eá=:,5Dã`�1�,5Dá1]ß0M-K?ITM+D�Ï·O0M+3�ITU�,5* #¢3�1:,5*71'DJITM-ITe0^�`JU�IGHN!3�1�=:N0GHG�N!DJ*-eã,�O0M+3�ITU�,5* 46�/�7� 2 ��� 1'DJITM-ITevM-K(='3�1:,YI?1:91:KTZ�1]='M-,!*+*-eáWmN53(IT/JM-KsU�K?10n6�/S1VZ�,53�,0KTM-I?1�1'DJITM-Ife�M-K[USKTU�,5*+*-eá=:N5D�K?IT3?US=:I?1:9·,0K(,�Ï!US1:K?I(N!WXIT/�1�1'DJITM-ITevIT/S,0IsM-Ks`�1�M+D�ÏvKTZJ*+M-I:nH)�WmI?1'3IT/S1(=:N!DSK?IT3?U�=]ITM-N!DéN!W�IT/S1s`�N!UJD�9J,!3�eY^�O0M+3�ITU�,5*�2 ��9 2 �!� 1�DJITM-ITM-1:K(,!3�1(='3�1],0I?1:9�N!DvZS,!3�I?K�N!W�IT/S1(N!3?M-Ï5M+D�,5*�1'DJITM-Ife0n

z}M-Ï5Ua3�1Ûap�Lv1:KT/·N5DvIT/J3�1:1 46�/�7� 2 ��� Wm,Y=:1:K�N!DçO0N5*+U�GH1]K:n�6�/S1sWm,Y=:1:K�KTZa*+M-I7IT/�1(OYN!*+USGH1VM+DJI?NHWmN5Ua3�ZS,!3�I?K:n

z�N53H1:ß@,YGVZJ*-1vIT/�1�Za3�N@=:1]9\UJ3�1vI?NvKTZa*+M-I�,vWm,0=]1²M-K�I?NFÎJ3�K?IV=�3�1:,0I?1�, 46�/�7� 2 ��� 1:9JÏ01�*-e0M+D�Ïé,0='3�NYK?KH,FWR,0=:1�,!DS9ÚIT/�1�DØI?N·='3�1:,YI?1ITbXN 2 ��9 2 �!� Wm,0=:1]KsN!DçIT/�1ITbXNV3�1:KTUJ*-ITM+D�Ï�Wm,Y=:1sZS,!3�I?Ksb�/JM-=�/vUSK?1IT/�1N!3?M-Ï5M+D�,5*<Wm,Y=:1(,0K7,V/SN0K?Is,5D�9�USK?1,0K�`�N!UJD�9@M+D�Ïv1]9aÏY1:KsIT/S13�1:KTUJ*-ITM+D�Ï�1:9JÏ01(*-N@N!ZSK:n

.0M-GVM+*-,!3·I?NáIT/S1·GH1'3�Ï01vN5Z�1'3�,YITM-N!D#IT/�1v1'DJITM-ITM-1]K�3�1:KTUa*-ITM+DSÏ W�3�N0G�,áKTZJ*+M-I�3�1'ZJ*-,0=]1áIT/�1�/SN0K?I�1'DJITM-Ife M+D�,5DJe UJZaZ�1�3vI?N!Z�N!*-N0ÏYe9J1'ÎaDJM-ITM-N!DSK u 10n Ïan�b�/S1'D·KTZJ*+M-I?ITM+D�Ï·,!D·1:9JÏ01(`�1'*-N5D�Ï5M+D�Ï·I?N�,HD@U�G(`�1'3N5W8Wm,0=:1]K:^�IT/�1ITb�NHDS1:b�1:9aÏY1:Ks3�1'ZJ*-,0=:1�IT/�1KTZa*+M-I1:9JÏ01(M+DIT/S1H1:9JÏ01H*+M-K?I?KHN!W�IT/�1HWm,Y=:1:K��'n�)�KTM+D�Ï5*-1vO0N5*+U�GH1�KTZJ*+M-IVM+DJI?N�WmN5Ua3�=:N!DJDS1:=:I?1:9áOYN!*+USGH1:KVUSKTM+DSÏãIT/J3�1:1�O0M+3�ITU�,5* 46�/�7� 2 ��� WR,0=:1:KsM-KKT/SN!b�D�M+D·z}M-Ïan�Ûan

È Ò Ë Ó É5Ô}Õ Ó5Ö È Ò ��!8ÅJÉ �JÓ È�É

.@N0GH1:ITM-G�1:KsO0M+3�ITUS,!*�1'DJITM-ITM-1]Ks/�,5O01I?NV`�1='3�1:,YI?1:9�M+DS9J1'Z�1'DS9a1�DJIT*�e0^­,!DS9�DSN0Is,YK�,V3�1:KTUJ*-IsN!W�1]9\M-ITM+DSÏv1:ß0M-K?ITM+DSÏ�1'DJITM-ITM-1:K:n�c7KTU�,5*+*-eKTUS=�/�1'DJITM-ITM-1:K�,53�1�*-,YI?1'3�USK?1:9�,0K�I?N@N!*-K�WmN53�NYIT/�1'3XN!Z�1'3�,0I?N53�K�KTUS=?/�,0K�,(KTZJ*+M-I:n�)d=]N!DSK?IT3?U�=:ITM-N5DvN5Z�1'3�,0I?N53�M-K<M+DJIT3�N@9@U�=]1:9�,5*+*-N!b�M+DSÏ=:N5D�K?IT3?US=:ITM-N!DéN!W�,�O0M+3�ITU�,5*�1'DJITM-ITeH`S,0K?1:9vN5D·IT/�1(9J1'ÎJDaM-ITM-N5DÚN!WlM-I�" K�*-N5b�1'3CI?N!Z�N5*-N0Ï0ev,5D�9�M-I�" K�/�NYK?I:n

z}M-Ï!UJ3�1HkJp�) 46�/�7� 2 ��� O0M+3�ITU�,5*�1:9JÏ01N!D·,HWm,Y=:10nC.rM+DS=:1HIT/S11:ß@,0=:I %sc7y�;�1:9JÏ01(Za3�N5t?1:=]ITM-N!DáM-K�D�NYIs3�1:ä0UaM+3�1]9�^lIT/�19@M-KTZa*-,5evM-K(,3�N!USÏ!/vZJ3�N5t?1:=:ITM-N5D·N!W�,HK?IT3�,5M-Ï!/JI�*+M+DS1V`�1]ITb�1:1�DvIT/S1(1'D�9vOY1'3�ITM-=:1:K:n

6�/�1(O0M+3�ITUS,!*�Ife0Z�1(N!W�IT/S1(1'DJITM-Ife�=:N5D�K?IT3?US=:I?1:9v9J1'Z�1'DS9JK(N!DvIT/S1s/SN0K?Is,53�Ï!USGH1'DJI:n

Page 8: 0/121'3547681:9 ;@1'35ACB0,!DFE

æ�� ��9 2 �!� 1'DJITM-ITM-1:K7,!3�1(=:N5D�K?IT3?US=:I?1:9·Ï!M-OY1'D·,V/SN0K?I�N!W�KTM-GM+*-,!39@M-GH1'DSKTM-N!D u 10n Ïan­,VZ�,53�ITM-,!*8Wm,Y=:15�'n

æ����/��� 2 ��� 1�DJITM-ITM-1:K�,!3�1�=:N!DSK?IT3?US=:I?1:9ØÏ5M-O01'Dâ,�/SN0K?IHN5W�/aM-Ï5/�1'3²9\M-GH1�D�KTM-N5D u 10n ÏJnv,vO0M+3�ITUS,!*7O01'3�I?1]ßáN!DÚ,5Dâ1:9aÏY15�'né.rM+DS=:1IT/�1H/JM-Ï!/S1'3�9@M-GH1'DSKTM-N!Dd1�DJITM-ITe·=:,!DáDSN0I9J1'ÎaDS1HM-I�" KÏ!US1:K?I�" KVÏY1:N0G�1:IT3�e0^8IT/S1 46�/�7� 2 ��� O0M+3�ITUS,!*�1'DJITM-ITM-1]KV/�,5OY1�,�GVM+DJM-GH,!*Ï01:NYGH1:IT3�e�N5W�IT/�1�M+3(N5b�Dv`�,YK?1:9vN!D·IT/S1'M+3s*-N5b�1�3(I?N!Z�N!*-N0ÏYev=:N0G(`JM+D�1:9·b�M-IT/·,�=:N!DSK?IT3�,!M+DJI(I?NV`�1VN5D·IT/�1s/SN0K?I71'DJITM-ITe0n�zSN!31:ß@,0GVZJ*-1, 46�/�7� 2 ��� 1:9JÏ01(N!Dç,VWm,Y=:1�/SN0K?I�M-K�3�1:Ï0,53�9a1]9�,0K�,VZJ3�N5t?1:=:ITM-N5DvN!DçIT/�1sWR,0=:17N!W8,�K?IT3�,!M-Ï!/JI�*+M+DS1[`�1:ITb�1]1'D�M-I?K�1'DS9O01'3�ITM-=:1]K:nVx�ß@,0GZa*-1:KN!W�ZS,!3�,0KTM-I?1�1'DJITM-ITM-1]KV=:,5Dã`�1HK?1:1'D·M+Dáz}M-ÏJn}k�b�/S1'3�1H, 46�/�7� 2 ��� 1:9aÏY1HN!Dé,�WR,0=:1(M-K(KT/�N5b�Dl^},5D�9vM+Dz}M-Ïan�Û�b�/S1'3�1(IT/J3�1:1 4��/��� 2 � � Wm,Y=:1:K�,!3�1sUSK?1:9vI?NHKTZJ*+M-I(,HOYN!*+USGH10n

æ���� 4 0 � � 1'DJITM-ITM-1:K,!3�1=:N!DSK?IT3?U�=]I?1:9ãb�/S1'D·D�NH/SN0K?IsM-K(Ï!M-OY1'DlnV6�/S1:e�/S,5O01H,�GVM+DJM-GH,5*�Ï01:NYGH1:IT3�e�`�,YK?1:9ãK?N5*-1'*-e·N!DéIT/�1'M+3*-N!bX1'37I?N!Z�N5*-N0Ï0eYn�z�N53�1:ß@,0GZa*-1,!D 1 � 4 0 � ��WR,0=:1�M-K�3�1]Ï0,!3�9J1:9v,YK�,[*-1],0K?I�K?ä0U�,53�1[ÎSI�N5W8,(Za*-,5D�1I?NVIT/S1(1:9JÏ01:K�IT/S,0I<`�N!UJD�9M-I:n�6�/S1(9J1'ÎaDJM-ITM-N!DéM-KsKTUJå�='M-1'DJI(I?N�,!DSK?b�1'37IT/S1VÏY1:N0G�1:IT3?M-=Vä0US1'3?M-1:K(,5`�N!USI(IT/S1sWm,0=:1Yn�w�UJ3?M+D�Ï�GH1:KT/JM+D�Ï�,!DS9vK?GHN@N0IT/JM+D�ÏD�N@9J1:K,!3�1HU�KTUS,!*+*-eé,!*+*-N5b�1:9ÚI?NvGVM-Ï53�,0I?1�N!2âIT/S1VZa*-,5D�1�I?N�ZJ3�N@9\US=:1�, �TKTZJM-9J1'3�b�1'`���*+M+>r1�1'2�1:=:I(WmN!3IT/S1HGH1:KT/ÙN!DÚIT/S1Wm,0=:1Yn<)�Dv1:ß@,YGVZJ*-1VN5W�,HGH1:KT/S1:9vN!3?ZJ/S,!DvWm,Y=:1sM-K�Ï!M-O01�DãM+Dçz}M-Ïan8i:jJn

x8DJITM-ITM-1:K�='3�1:,0I?1]9ØIT/J3�N!USÏ!/âIT/�1�U�K?1�N!WCIT/�1�=:N!DSK?IT3?U�=]IHN!Z�1�3�,0I?N!3�K�9JNFDSN0IM+DaM-ITM-,5*+*�eØWmN53�G ,FZS,!3�IHN5W(IT/S1H/aM-Ï5/�1'3çI?N!Z�N5*-N0Ï5M-=:,!*/JM-1'3�,!3�=?/Je0n

È Ò8Ò Å@Õ Ó

6�/�1�=:N5DaDS1:=:IN!Z�1'3�,0I?N53VM-KVUSK?1:9áI?Nv=]N0G(`aM+DS1�DS1:,!3?`Je·1'DJITM-ITM-1:KM+DJI?NãN5D�10^­=:N!DSK?IT3?U�=]ITM+D�Ïá,5D � ���!� 4 1 � � � � 1'DJITM-ITe0n�z�N53H,�K?1:IVN5W1'DJITM-ITM-1:KN!W�KTM-GVM+*-,!3�9@M-GH1'DSKTM-N!DâI?N�`�1H=:N5DaDS1:=:I?1:9éIT/�1:e�/S,5O01�I?N�KT/S,!3�1�=:N0GHG�N!D·*-N!bX1'3I?N!Z�N5*-N0ÏYe u Mmn 1YnVWmN53(,�K?1]I(N!WX1:9aÏY1:KI?N`�1�=:N5DaDS1:=:I?1:9ÚIT/S1:ev/�,5O01�I?N�/S,5O01�IT/�1�K?,YGH1�1'D�9éO01'3�ITM-=:1]K��'nv6�/�1HÏY1:N0G�1:IT3�eãN5W7IT/�1HDS1:b�1'DJITM-ITeãM-K9J1'3?M-O01:9áW�3�NYG IT/�1V/SN0K?I1'DJITM-ITM-1:K:n�z�N531:ß@,0GVZJ*-1�,5D � ���!� 4 1 � � � � 1:9aÏY1Hb�/�1�DÚä0U�1�3?M-1:9á3�1:ITUa3?DSKÏ01:NYGH1:IT3?M-=�O5,!*+US1:KV`S,0K?1:9áN5DáM+DJI?1'3?Z�N5*-,0ITM+DSÏáIT/S1²/SN0K?I?K�"O5,!*+US1:K u z}M-ÏJnl�0�'n

u ,r� u `��

z}M-Ï!UJ3�1��@p u ,@�7è�3?M-Ï!M+DS,!*XI?N!Z�N5*-N0ÏYe0^}b�M-IT/·GVM-K?G�,0I?=?/�1:9·1:9JÏ01:K7,!DS9vO01'3�ITM-=]1:K:n u `���6�/S1VI?N5Z�N!*-NYÏ0ev,5WmI?1'37IT/�1O01�3�ITM-=:1:K(,!DS9v1:9JÏ01:Kb�1'3�1�=:N5DaDS1:=:I?1]9�né6�/S1HWm,0=]1:KV,53�1H3�1'Za*-,Y=:1:9Ú`JeãO0M+3�ITUS,!*�Wm,Y=:1:KHIT/S,0II?,!>r1²M+DJI?N·,0=]=:N!UJDJIHIT/S1�=:N5DaDS1:=:I?1:9Ú1:9JÏ01Ynã|�M+>@1:b�M-K?1vIT/S11:9JÏ01:K7,0I�IT/S1(=:N!DJD�1]=:I?1:9vO01�3�ITM-=:1:Ks,53�1s3�1'ZJ*-,0=:1:9v`Je�O0M+3�ITU�,5*�1:9JÏ01:K:n

6�/�1HDS1:b � ����� 4 1 � � � � 1'DJITM-Ifeã3�1'ZJ*-,0=:1:K�,!*+*�M-I�" KV/SN0K?I?K(M+DØIT/S1'M+3UaZJZ�1'3²I?N!Z�N5*-N0Ï0eÚ9J1'ÎJDaM-ITM-N5D�K:^�3�1:KTUJ*-ITM+DSÏãM+Dâ=:N!DJD�1]=:I?1:9áUaZJZ�1'3I?N!Z�N!*-N0ÏYe0n�6�/aM-K�=:,5Dv`�1(K?1:1'D�M+D·z}M-Ïanl�Vb�/S1'3�1(ITbXN[UJD�=]N!DJD�1:=]I?1:9FWR,0=:1:K�,53�1(=:N!DJD�1]=:I?1:9�`Je�KT/S,!3?M+DSÏ�IT/�1(DS1:bdO0M+3�ITU�,5*�1:9JÏ010n

� /S1'DÚ=]N!DJD�1:=]ITM+D�ÏáK?1]O01'3�,5*�1'DJITM-ITM-1]KVM+DJI?NvN!DS10^}M-I(M-K[DS1:=:1]K?K?,!3�eáI?N�M+DJIT3�N@9\US=:1�O0M+3�ITUS,!*XUaZJZ�1'3�I?N5Z�N!*-NYÏ0eãM+DÙN!3�9J1'3HI?N�Za3�1]K?1'3�O01Ï01]N0GH1:IT3?M-=7=:N!DSKTM-K?I?1'DS=:e0nXz�N!3�1:ß@,YGVZJ*-1sb�/�1�D�GH1'3�Ï5M+D�ÏITb�N(1]9aÏY1:K<N5Wl,095t?,0=:1�DJIÀWm,Y=:1:K�IT/�1X,095t?,0=:1�DJI<Wm,0=]1:K u IT/S1<UJZaZ�1'3�I?N!Z�N!*-N0ÏYeJ�G(U�K?I�`�1:=]N0GH1O0M+3�ITU�,5*�KTM+D�=]1VIT/S1'M+3(ÏY1:N0G�1:IT3�e�G[USK?Is,5*-K?N²M+DS=:N53?Z�N!3�,YI?1HIT/�1(=?/S,!DSÏ01N!W8`�N53�9a1'3�K7,0K�,V3�1:KTUJ*-IsN5W�IT/�1sDS1:b�O0M+3�ITU�,5*1:9JÏ010n %7N0ITM-=:1IT/�1(=?/S,!DSÏ01N!W�IT/S1(Ï01:NYGH1:IT3?M-=9a1:K?=�3?M+Z�ITM-N5DÚN!W­IT/�1(1:9JÏ01]KsKT/S,!3?M+DSÏ�IT/S1(=:N!DJD�1]=:I?1:9vO01�3�ITM-=:1:K�M+D·z}M-ÏJn��@n

���� �vÖ ��� Å��Å � ��!ÀÅJÉ �JÓ È�É:Ë

� /S1'D·1:9@M-ITM+DSÏ�,HGHN@9J1'*�I?NHKTUJM-IsIT/S1(GH1:KT/JM+DSÏ�DS1:1:9JK:^�K?1:OY1'3�,!*�N5WmI?1'D�3�1�Z�1:,0I?1]9vK?1:ä0U�1�D�=:1]K(N!W8N5Z�1'3�,YI?N!3�K(1:ß0M-K?I:n�.\NYGH1(N!W�IT/SN0K?1K?1:ä0US1'DS=:1:K�=:,5D�`�1�3�1:Ï0,53�9a1:9�,YKÀ/JM-Ï!/�*-1:O01'*�1:9\M-ITM+DSÏHN5Z�1'3�,0ITM-N5D�K:^J*+M+>@1s3�1:G�N!O5,5*�N!W�IT/J3�N!USÏ!/�/SN!*-1:K:^S=:N!*+*-,5Z�K?1(N5Wl,sWm,0=:1XI?N(,(O01'3�I?1:ßN!3�,!D�1:9JÏ010^J,!DS9�=:N0GZa*-1:ß�=:N5DaDS1:=:I�N5Z�1'3�,0ITM-N5D�K:nX_�M-Ï5/�*-1:OY1'*lN!Z�1'3�,YI?N!3�K�,53�1�ZJ3�N5O0M-9a1:9vI?N(,5U�I?NYGH,0I?1(IT/S1�Z�1'3?WmN53�GH,!DS=:1(N5W}IT/S1:K?1K?1:ä0US1'DS=:1:K:^�,!DS9�3�1:9@U�=]1(IT/�1(3�1:ä0UJM+3�1:9�U�K?1�3�M+DJI?1�3�,0=:ITM-N5D}n

Page 9: 0/121'3547681:9 ;@1'35ACB0,!DFE

È � � � !}Ë:Å

6�/�17=:N!*+*-,5Z�K?1(N5Z�1'3�,YI?N!3�M-K<USK?1:9�I?N[ZJ3�N5O0M-9a1(,K?e@GHGH1:IT3?M-= �T9@M-KTZ�1'3�K?,5*���N!W�Wm,Y=:1:K<`�1:ITb�1]1'D�D�1'M-Ï5/@`�N!3?M+DSÏHWm,0=]1:K:n�6�/JM-K<M-K<USK?1'W�UJ*�M+DIT/S1(KTUaZJZa3�1]K?KTM-N!D #¢3�1:GHNYO5,!*�N5W�K?GH,!*+*­9a1:I?,5M+*-KVKTUS=?/v,0K7KT*+M-O01'3(WR,0=:1:K:n�Lv1'3�Ï5M+D�Ï�KTU�=?/·,VWm,Y=:1b�M-IT/çN!DJ*-evN!DS1VN5W8M-I�" K�DS1'M-Ï!/@`�N!3b�M+*+*N!WRI?1'D�*-1:,09vI?N,!Dç,0K?e@GHGH1]IT3?M-=(K?IT3?U�=:ITUJ3�10^Sb�/JM-=?/�M-K�D�NYI�9J1:KTM+3�,!`J*-10n�6�/�1s`�1:K?I�K?N!*+USITM-N!D·M-K�N!WmI?1�D�IT/S1 �f=:N!*+*-,5Z�K?1 ��N!W­IT/�1sWR,0=:17I?N,HOY1'3�I?1:ß�N!37,!D·1]9aÏY1(KTU�=?/·IT/�,YI�M-I�" K�,!3�1],²M-K�9@M-O0M-9a1]9á1:ä0US,!*+*-e�`�1:Ifb�1:1'Dç,HK?1:I�N!W8M-I�" K�D�1�M-Ï!/@`�N53(Wm,0=:1]K�*+M+>r1[M+D·z}M-ÏJn��H,!DS9vÞ@n

u ,@� u `�� u =¢�

z}M-Ï!UJ3�1H�Jp�6�/S1HK?I?,YÏ01:K7N!WX,²WR,0=:1=:N!*+*-,5Z�K?1�I?N�,�OY1'3�I?1:ß�p u ,r�T)±`J3?M-=?>·b�M-IT/é,�='USIs=:N53?D�1'35n u `��7.rZJ*+M-I?ITM+D�Ï·IT/S1V=:N53?D�1�3(Wm,0=:1(M+DJI?NIT/J3�1:1sZ�,53�I?K:n u =5��6�/S1sÎJD�,5*�K?IT3?U�=:ITUJ3�1(,!WRI?1'37IT/�1(GH1�3�Ï01(N!W�IT/S1sZS,!3�I?Ksb�M-IT/ç,095t?,0=:1�DJI�Wm,Y=:1:K:n

u ,@� u `�� u =¢�

z}M-Ï!UJ3�1�Þ@ps6�/S1VK?I?,YÏ01:K(N5W�,HWm,Y=:1V=]N!*+*-,!ZSK?1�I?N�,5Dá1:9JÏ01Yp u ,r��)ê`a3?M-=?>·b�M-IT/á,�=?/�,YGVWm1'3�1]9FWm,Y=:10n u `��sP�DJI?1'3�GH1:9@M-,0I?1�K?I?,YI?1V,5WmI?1'3KTZJ*+M-I?ITM+D�ÏvIT/S1(=�/S,0GWm1'3�M+DJI?NH/�,5*-O01:K:n u `���6�/�1s`J3?M-=?>v,!WRI?1'37IT/�1(=:N5*+*-,!ZSK?1HN!W�IT/S1(=?/�,YGVWm1'3�`�1:Ifb�1:1'D·Ifb�N(D�1'M-Ï5/@`�N!3(WR,0=:1:K:n

6�/�1(K?I?,YÏ01:K�N5W�,H=:N!*+*-,5Z�K?1�N!Z�1'3�,YI?N!3C,!ZJZa*+M-1:9éN!D�WR,0=:1���,5D�9v,HKTUJ`SK?1:IsN5W}M-I�" K�DS1'M-Ï!/@`�N53(Wm,0=]1:K����,53�10p

æ .rZJ*+M-I(IT/�1(1]9aÏY1:K�N!W8Wm,Y=:1��çUJDSKT/�,53�1:9vb�M-IT/����(Wm,Y=:1:K:^JI?NVZJ3�N5O0M-9a1H,�K?e@GHGH1:IT3?M-=(Wm,0=]1(KTZa*+M-I:næ EX3�1],0I?1,�K?1]IsN!WXO0M+3�ITUS,!* 4��/��� 2 � � 1]9aÏY1:K(N!D��FUSKTM+DSÏ�,0K71'DS9FZ�N5M+DJI?KVIT/S1=:1'DJI?1'3CN!W�Wm,0=:1��ã,5D�9·IT/�1(`�N5UaDS9a,53�eãOY1'3�ITM-=:1:K=:N0GHG�N!D·I?N���(Wm,0=]1:K�N!37IT/�1(KTZJ*+M-I?ITM+DSÏvO01'3�ITM-=:1]K�W�3�N0G×IT/S1sZa3�1:O0M-N5U�K(K?I?,YÏ010næ .rZJ*+M-IsWm,0=]1���M+DJI?N�KTUJ`JWm,0=:1]K�USKTM+D�Ï�IT/S1 4��/��� 2 � � 1:9JÏ01:K:n u z}M-Ï!UJ3�1:Ks�H,5D�9·Þ u `��'n �æ Lv1'3�Ï01�1:,Y=�/âKTUJ`aWm,Y=:1�b�M-IT/ØIT/S1�,095t?,0=]1'DJI� � Wm,0=]1 u KTM+DS=:1�1:,0=?/ÚKTUJ`aWm,Y=:1�/S,0KN!DJ*-eáN5D�1�,095t?,0=:1�DJI� � Wm,0=:1�IT/S1'3�1HM-K[DSN,0G(`aM-Ï5UaM-IfeJ�'n

z}M-ÏanS�VKT/SN5b�K�,=:N5*+*-,!ZSK?1HN!W­,V=:N53?D�1�3�WR,0=:1�`�1:ITbX1:1'Dv,5*+*8N5W}M-I�" K<D�1�M-Ï!/@`�N53�K:n7PRDvz}M-ÏJnSÞV,V=]N!*+*-,!ZSK?1HN5W8,KT*+M-O01'37Wm,0=:17I?NH,!D�1:9JÏ01sM-K9J1:K?='3?M+`�1:9�n7è�DJ*-e�ITbXNVN5W�IT/�1sDS1'M-Ï!/@`�N!3(Wm,Y=:1:K�Z�,53�ITM-='M+ZS,0I?1VM+D·IT/JM-Ks=:N5*+*-,!ZSK?10n

� È � Å � Å��ãÈ � �

)sG�N!DSÏáGVM+DSN!3v9J1:I?,5M+*-K�/aM-Ï5/a*-ed=:NYGVZJ*+M-=:,0ITM+DSÏdIT/�1vG�1:KT/�Ï01'DS1'3�,YITM-N!D�Za3�N@=:1]K?K:^�IT/a3�N5U�Ï5/d/�N5*-1:K�,53�1ãN5WmI?1'DdN5D�1vN5WIT/�1vG�N0K?I�TIT3�N5Ua`J*-1:K?NYGH1��an�)Ø/JM-Ï!/�*-1:OY1'*lO0M+3�ITU�,5*8N5Z�1'3�,0I?N53�USKTM+D�ÏHK?1]O01'3�,5*�*-N5b�1�3<*-1:OY1'*lN!Z�1�3�,0I?N!3�K�=:,5D�`�1�U�K?1:9�I?Ns3�1:GHN5O017IT/�1�/SN!*-1:K�W�3�NYGIT/S1(GHN@9a1�*8I?N!Z�N!*-N0ÏYe0n

6�/�1(K?I?,YÏ01:K�N5W�IT/�1s3�1:G�N!O5,5* u 9J1:GHN!DSK?IT3�,0I?1]9FM+Dçz}M-Ïan�à@��,53�10p

æ ~�M+3�ITUS,!* 1 � 4 0 � �8Wm,0=:1]K8,!3�1�=:N!DSK?IT3?U�=]I?1:9VW�3�NYGÃIT/S1�1:9JÏ01<*-N@N5Z�K�N!D�IT/S1<Ifb�N�/�N5*-1�=],!ZSK8,0K}M+D�z}M-ÏanYà u `�� u D�NYI?1<IT/S,0I}ZJ3�N5O0M-9\M+DSÏIT/aM-K7N!Z�1'3�,YITM-N!D·U�KTM+DSÏ�Ï01:NYGH1:IT3?M-=I?N@N!*-K7GVM-Ï!/JI�`�1(O01'3�e�=:N0GZa*+M-=:,YI?1:9�^�`S,0K?1:9vN5DvIT/S1(1:9JÏ01(*-N@N!Z·Ï01]N0GH1:IT3�eJ�'n

Page 10: 0/121'3547681:9 ;@1'35ACB0,!DFE

u ,@� u `�� u =¢�

z}M-Ï!UJ3�1HàJp�6�/�1(K?I?,YÏ01:K7N!W�,�IT/J3�N!USÏ!/v/SN!*-1V3�1:G�N!O5,5*mp u ,@��6�/�1N!3?M-Ï5M+D�,5*�GHN@9J1'*mn u `���~�M+3�ITU�,5*8Wm,0=:1]Ks='3�1:,YI?1:9vN!DçIT/�1(/SN!*-1H=:,5Z�K:^,!DS9vIT/S1(1'DJO01'*-N5Z�1VWm,Y=:1:K�,!3�1(K?ITM-I?=?/S1:9�M+DJI?N�,VD�1]bÃOYN!*+USGH10n u =¢��x�,0=?/vO0M+3�ITUS,!*8WR,0=:1sM-K�GH1'3�ÏY1:9vb�M-IT/�M-I�" KsKTUJ3?3�N!UJD�9@M+DSÏ�Wm,Y=:10n

æ )×O0M+3�ITU�,5*sOYN!*+USGH1�M-K�K?ITM-I?=�/S1:9áW�3�N0G IT/S1HWm,0=:1]KHN!W�IT/S1�N53?M-Ï!M+DS,!*CO0N!*+USGH1�D�NYI[M+DS='*+US9\M+D�ÏÚIT/S1H/�N5*-1�Wm,Y=:1:KVZJ*+U�K�IT/�1�ITbXNO0M+3�ITU�,5*�=:,!Z�Wm,0=:1]K:n<6�/S1sD�1]bÃO0M+3�ITUS,!*�OYN!*+USGH1[3�1�Za*-,Y=:1:K(IT/S1(N!3?M-Ï!M+DS,!*�M+DvIT/S1(,0=]=:1:K?K$#!9@M-KTZJ*�,5ev*+M-K?I?K:næ z}M+D�,5*+*-eãIT/S1(=:,!ZSK�,!3�1(GH1�3�Ï01:9vb�M-IT/vIT/S1'M+3CKTUa3?3�N5UaDS9\M+DSÏ�Wm,Y=:1:K u z}M-ÏanSà u =5�?�'n

� ��� ��Õ@È Ò8Ò Å@Õ Ó

) �T6 �!omM+DJI?1'3�K?1]=:ITM-N!DÚ=]N!DJD�1:=]I[M-KsUSK?1:9·I?N²/S,!DS9@*-1�KTM-ITUS,0ITM-N5D�K�,0K(KT/SN!b�DvM+DÚz}M-ÏJn�g�b�/S1'3�1V,�O01'3�I?1]ß�M-K(Ï01]N0GH1:IT3?M-=],!*+*-eÚN!D #¢DS1:,!3,!D·1]9aÏY1[`JU�IsM-K�D�NYIs=:N5DaDS1:=:I?1]9ãI?NHM-I:n7)Ã/aM-Ï5/ã*-1]O01'*XN!Z�1�3�,0I?N!37M+DJIT3�N@9\US='M+DSÏã,�=:N5DaDS1:=:I?1]9ãI?N5Z�N!*-NYÏ0e�WmN53(IT/S1[M+DJI?1'3�K?1]=:ITM-N!DÚbX,0K9J1'ÎaDS1:9�USKTM+D�Ï�IT/�1sWRN!*+*-N5b�M+D�Ï�K?1:ä0U�1�D�=:1N!W8*-N5bd*-1:O01�*�N!Z�1'3�,YI?N!3�K:^S9a1:G�N!DSK?IT3�,0I?1:9vM+D·z}M-ÏanSgap

u ,@� u `�� u =¢�

z}M-Ï!UJ3�1HgJp�6�/S1K?I?,0Ï01]KsN!WX,HKTM-GVZJ*-1 �T6 �!of=:N5DaDS1:=:I u ,r��6�/S1N!3?M-Ï!M+DS,!*�9\M-K?=:N5DaDS1:=:I?1]9 �T6 �an u `���.rZJ*+M-I?ITM+DSÏãIT/S1 �f6 ��1]9aÏY1Vb�M-IT/é,ZJ3�N!t?1]=:ITM-N!DÚN5W�IT/S1=:N!DJD�1]=:IVOY1'3�I?1:ß�n u =¢��6�/�1=:N5DaDS1:=:I?1:9éK?IT3?U�=:ITUJ3�1H,5WmI?1'3(=]N!DJD�1:=]ITM+D�ÏvIT/S1HN!3?M-Ï5M+D�,5*�,!DS9vD�1:b#O01'3�ITM-=:1]K:n u 6�/S11:9JÏ01:K79\M-KTZJ*-,5e�M-Ks,52�1:=:I?1:9�`Je�IT/S1(=�/S,!DSÏ01N!W�1�D�9�O01'3�I?1:ß�*-N@=:,0ITM-N5D��

æ )êO0M+3�ITU�,5* 46�/�7� 2 ��� O01�3�I?1:ßHM-Ks=:N5D�K?IT3?US=:I?1:9·N!DçIT/�1(1:9JÏ01Y^�U�KTM+DSÏ�,YK�M-I�" K�=:N@N!3�9@M+DS,0I?1:KIT/�1sZJ3�N5t?1:=:ITM-N5DáI?NHIT/S1(1:9JÏ01N!W�IT/S1N!*-9vO01�3�I?1:ß�næ 6�/S1(1:9JÏ01sM-K7KTZa*+M-IsUSKTM+D�Ï�IT/S1sD�1]bÃOY1'3�I?1:ß u z}M-ÏJn�g u `��?�'næ 6�/S1(N!*-9v,5D�9�DS1:b�O01'3�ITM-=]1:Ks,53�1(=:N!DJD�1]=:I?1:9v,0K�KT/SN5b�D�M+D·z}M-Ïan�g u =5�'n

� � Ë:Å·È � ��Ö É Ó Ô ��� � È !ÀÈ � È �SÆ �QÈ�É �ÃÈ�Ê8Å �mÖmÒ �

)sK79a1]K?='3?M+`�1:9vM+DáIT/S1(M+DJIT3�N@9\US=:ITM-N!Dl^�GHN@9J1'*-K(,0=:ä0UJM+3�1:9ãW�3�N0G E�)sw�K?N!UJ3�=:1:K7,!3�1(U�KTUS,!*+*-e·D�NYIsKTUJM-I?,!`J*-1�I?NH`�1(USK?1:9 �f,0K�M-K �²`JeIT/S1s1:ß0M-K?ITM+DSÏH3�,!DSÏ01sN5W8GH1]KT/�ÏY1'DS1'3�,0ITM-N5DvI?N@N!*-K:nX_s1'DS=:17,sZa3�1'omZJ3�N@=:1:K?KTM+DSÏHZa/S,0K?1sUSKTU�,5*+*-e�1:ß0M-K?I?K�b�/S1'3�1sIT/S1sGHN@9J1'*�M-K�1:9@M-I?1:9�I?NGH,5>@1�M-IXGH1:KT/S,!`J*-10n�6�/S1�1]9\M-ITM+DSÏHU�KTUS,!*+*-eHM+DS='*+U�9J1:K7=:N0GVZJ*-1:ITM-N5D·,!DS9�=]N!3?3�1:=:ITM-N5DvN5W}IT/S1sG�N@9a1'*mnXè�DS=:1s,(G�N@9a1'*�M-K�bX1'*+*l9a1'ÎJDS1:9M-I�M-K�USKTU�,5*+*-evKTM-GVZJ*+M+Î�1:9é,!DS9vb�/S1'D�D�1:=]1:K?K?,!3�e�9a1:=]N0GVZ�NYK?1:9vM+DJI?N�K?1]O01'3�,5*}ZS,!3�I?K:n

6�/�17O0M+3�ITU�,5*8N5Z�1'3�,0I?N53�K�Za3�N5O0M-9J1(IT/�17I?N@N!*-K�I?N[Z�1'3?WmN!3�G IT/�171:9@M-ITM+D�Ï�N!Z�1'3�,0ITM-N5D�K�3�1:ä0UaM+3�1]9�`JeHIT/�179\M+2�1'3�1'DJIsI?,YKT>JK�,5O0N5M-9\M+DSÏ�IT/S1=:NYK?IT*-e�9@M+3�1:=:IsÏY1:N0G�1:IT3?M-=V,Y9!tfU�K?I?GH1�DJI?K:n

x�O01'D·b�M-IT/vM+DJIT3�N@9@U�=:ITM-N5DâN!W�1:,YK?e�I?NHU�K?1,!DS9�Wm,YK?IsN!Z�1'3�,0I?N53�K�WmN53(IT/S1sZa3�1'omZJ3�N@=:1:K?KTM+DSÏa^8G�,!D@US,!*�=:N53?3�1:=:ITM-N!DéN!WX1:,Y=�/vM+DS=:N!DSKTM-KToI?1'DS=:e�ZJ3�N!`J*-1:G N!373�1:GHN5O5,!*�N5W�1:,Y=�/·GM+D�N539a1:I?,5M+*�=],!Dv`�1H1]ß@IT3�1:GH1'*-evI?1:9@M-N!USK(,!DS9·ITM-GH1H=:N5D�KTUSGVM+DSÏan_s1'DS=:1(W�UJ*+*�N!3sZS,!3�ITM-,5*,!USI?N0G�,0ITM-N!DéN!W�9@M+2�1'3�1�DJI�ZJ3�1'omZa3�N@=:1]K?KTM+D�Ï�I?,0KT>JK�M-K�1:K?K?1�DJITM-,!*mn

Page 11: 0/121'3547681:9 ;@1'35ACB0,!DFE

���mÐ � Å@È��ãÅ Ó É¢Æ È�� ! � Å Ó5Ö È Ò �SÒ Ê È�É!É:Å@Õ Ó5Ö È Ò

)sKX1:ß0Za*-,5M+D�1]9á,!`�N5OY1(IT/�1sÎJ3�K?I�K?I?1'Z�M+D�M+D�=:N53?Z�N!3�,YITM+D�Ïv,�E�)sw�GHN@9J1'*}M+DJI?N�,!Dç,!DS,!*-e@KTM-K(K?e@K?I?1:G USKTUS,!*+*-e�M+DS='*+U�9J1:K(=:NYGVZJ*-1:ITM-N!DN!W�IT/S1(Ï01]N0GH1:IT3?M-=9J1:K?='3?M+ZSITM-N!Dé,!DS9vG[UJ*-ITM+Za*-1�,Y9!tTUSK?I?GH1'DJI?K�N5W�IT/�1(GHN@9J1'*­I?NH1'DSKTUa3�1=:N!DSKTM-K?I?1'DS=:ev,!DS9v=:N53?3�1:=:ITDS1:K?K:n

E�N0GHG�N!DJ*-e�N@=:='UJ3?3?M+DS�ZJ3�N!`J*-1:GHKsM+DS='*+U�9J10p

æ z�,0=:1]K�b�M-IT/vDSNHKTUJ3?Wm,0=:1(9J1:K?='3?M+ZSITM-N!Dé3�1:KTUa*-ITM+DSÏ�W�3�N0G M+DS=:N0GVZJ*-1:I?1HG�N@9a1'*-K7N!3�UJD�9J1'ÎJD�1:9·Ï01]N0GH1:IT3�e�M+D·IT/�1(1]ß0Z�N!3�I�ÎJ*-1:K:næ z�,0=:1�b�M-IT/âGVM-KTZJ*-,0=:1:9â1:9JÏ01:KVoCN!WmI?1�DÚIT/�1�9J1:K?='3?M+ZSITM-N!D�N5WsIT/S1HWm,0=]1�KTUJ3?Wm,Y=:1�,5D�9áIT/S1�=�Ua3�OY1�9J1:K?='3?M+ZSITM-N!D�N5W7IT/�1�1:9JÏ01:K1:G[`�1:9a9@M+DSÏ�IT/S1(KTUa3?Wm,Y=:10^S9aNHDSN0I�GH,0I?=?/�o�Mmn 10n�IT/�1(1:9JÏ01]Ks,0K�9J1'ÎJD�1:9�`Je�IT/S1V=�Ua3�OY1:K�,!3�1sDSN0IsN5DvIT/S1(KTUa3?WR,0=:10næ w�UJZa*+M-=:,YI?1v1'DJITM-ITM-1:KVo7,�=:N0GHG�N!DáZJ3�N!`J*-1:G M-KIT/S,0I,�*-N5b�1'3�I?N!Z�N5*-N0ÏYeá1'DJITM-ITe·3�1'Wm1'3�1'DS=:1:9·`JevK?1:O01'3�,5*�/JM-Ï!/S1'3�I?N!Z�N!*-N0ÏYe1'DJITM-ITM-1:K:^�/�,YKs9@M+2�1'3�1'DJIÏ01:NYGH1:IT3?M-=H9J1'ÎJDaM-ITM-N5D�K:^­,0Ks9J1'3?M-OY1:9FW�3�N0G IT/�1(UaZJZ�1'3I?N5Z�N!*-NYÏ0e0^l,!DS9�/S1'D�=]1H1'DS9aK�UaZé9a1�ÎaDS1:9·,0KK?1:O01'3�,5*8K?1'ZS,!3�,YI?1VI?N5Z�N!*-NYÏ!M-=:,5*�1�DJITM-ITM-1:K:næ �T6 �!omM+DJI?1'3�K?1:=]ITM-N!DSK[o�M+DÙE�)swÃ3�1�Za3�1:K?1�DJI?,0ITM-N!DÙN!WXN!`Jt?1:=:I?K�U�KTM+DSÏvÛ0w�KTUJ3?Wm,0=]1VGHN@9J1'*-K:^lIT/�1�KTUa3?Wm,Y=:1(Z�,YI?=�/S1:K(GH,5e�K?NYGH1'oITM-GH1:K='3�1:,0I?1 �T6 �!o�M+DJI?1'3�K?1:=]ITM-N!DSK u Mmn 1YnHKTM-ITUS,0ITM-N!DSK�b�/�1'3�1�,�O01�3�I?1:ßvN!W�N5D�1Z�,YI?=�/áM-K(*-e0M+DSÏãN5Dá,5Dá1:9JÏ01�N5W�,!DSN0IT/S1'3�,0K9a1:G�N!DSK?IT3�,0I?1:9�M+D·z}M-ÏJn8i:Û@�'n

LvN!3�17=:N0GZa*-1:ßHZJ3�N!`J*-1:GHK�GH,5eHN@=:=�Ua35^J`aUSI�GHNYK?I<=:,5D�`�17KTUa`�9\M-O0M-9J1:9vM+DJI?NV,K?1:ä0US1'D�=]1(N!WlIT/�17N!DS1:K�9J1:K?='3?M+`�1]9v,!`�N5O01Yn<~�M+3�ITU�,5*I?N!Z�N!*-N0ÏYe�Za3�N5O0M-9J1:K(IT/S1(GH1:,!DSK�I?NV/S,!DS9\*-1HIT/SN0K?1sZJ3�N!`J*-1:GHK(,YK�9a1:K?=�3?M+`�1:9vM+D·IT/�1sWmN5*+*-N5b�M+DSÏ�KTUJ`SK?1:=:ITM-N!DSK:n

6�/�1�O!,YK?IVG�,!t?N53?M-ITe·N!W�IT/SN0K?1Za3�N5`a*-1:G�KH=:,!Dé`�1H,!USI?N0G�,0ITM-=:,5*+*-e 9J1:I?1:=]I?1:9ã`S,0K?1:9áN5DÚ,!Dé1'3?3�N53HI?N5*-1'3�,!DS=:10n�6�/aM-KI?N!*-1'3�,5D�=]1²M-KUSKTU�,5*+*-eF`S,0K?1:9vN5DvIT/S1VK?N5Ua3�=]1E�)7wêK?e@K?I?1:G I?N!*-1'3�,5D�=]1V9J1'3?M-O01]9FW�3�NYG×IT/�1sM+DJZJU�IsÎJ*-10n�,YKs1:ß0ZJ*-,!M+DS1:9ã`�1'*-N5b[^S,!DS9vIT/�1KTUJM-I?,!`J*-1ÎSß�N5Z�1'3�,YITM-N!D·`�1sM+DaM-ITM-,YI?1:9�n

� � Õ@Å�� ÖRÓ ����È �8Ô8É � � Õ@Å � Å�� Ò8Ö�Ó5Ö È Ò

z}M+DS9\M+DSÏ�,(Î�I?ITM+DSÏHKTUJ3?Wm,0=]1sWmN!3�,(Wm,Y=:1�`S,0K?1:9�N!DçIT/�171:9aÏY1:K�M-K�D�N5DaofIT3?M-O0M-,!*�,5D�9�GVM-Ï!/JI�N5WmI?1'D�3�1:KTUJ*-I�M+DçKTUa3?WR,0=:1:K�b�M-IT/vOY1'3�eV/JM-Ï!/='UJ3�O5,0ITUJ3�10^�9J1:O0M-,0ITM+DSÏ�Wm,53�W�3�N0G×IT/S1(KTUJ3?3�N!UJD�9@M+D�Ï�1:9JÏ01:K:nX~�M+3�ITUS,!*8I?N5Z�N!*-NYÏ0e�ZJ3�N5O0M-9a1:K7,HKTM-GVZJ*-1'3,!DS9�N5WmI?1'DçGHN!3�1��mM+DJITUaM-ITM-OY1��u *-N5b�oT=�Ua3�O5,0ITUJ3�15�(K?N!*+USITM-N!DÚO0M-,v=]N!DSK?IT3?U�=:ITM-N5DÚN!WX,!D 1 � 4 0 � �VO0M+3�ITUS,!*�Wm,0=:1`�,YK?1:9ãN5DáIT/S1(*-N!bX1'3I?N!Z�N5*-N0ÏYeã9J1:K?='3?M+ZSITM-N!D u 1:9JÏ01:K��M+DSK?I?1:,09�n � /JM+*-1HM-I�M-K7='*-1:,53IT/�,YI�ÏY1:N0G�1:IT3?M-=V,Y=:='UJ3�,0=:evG�,!eH`�1(*-N0K?I:^�M+D·G�N0K?I�=:,0K?1]KsIT/S1(9a1:K?=�3?M+Z�ITM-N5DáZa3�N5O0M-9J1:9ã`Je�,!D 1 � 4 0 � �1'DJITM-IfeF`S,0K?1:9éN!DÚIT/S1V*-N5b�1'3�I?N!Z�N5*-N0ÏYeãZa3�N5O0M-9J1:KH,�Ï0N@N@9Ú1'DSN!USÏ!/á`S,0KTM-KVWRN!3IT/S1HÏ01'DS1'3�,YI?1:9áGH1:KT/é*+M+>@1�M+DÙz}M-Ïan�i:ja^­b�/S1'3�1H,5DN!3?ZJ/S,!DvWm,Y=:1sM-Ks=:N5D�K?IT3?US=:I?1:9vN5OY1'37,HK?1:GVM+of='M+3�='UJ*-,!3*-N@N!Z·N5W�1:9JÏ01:K:n

z}M-Ï!UJ3�1vi:jJp(Lv1:KT/ÚN5W�,5DÚN!3?ZJ/�,5DáWm,Y=:1H=:N5D�K?IT3?US=:I?1:9ãW�3�N0G K?1:GM+oT=�M+3�='Ua*-,53H*-N@N!ZÙN!W�1:9JÏ01]K:n�%sN0I?1IT/S,0I,!*-IT/SN!USÏ!/ÚD�N�KTUa3?WR,0=:1VM-KÏ!M-OY1'D·IT/S1(GH1:KT/v/S,0K�,!D·,5*-GHN0K?I7=:e0*+M+D�9@3?M-=:,5*�KT/S,!Z�1Yn

c�DJ3�1:=:NYÏ!DJM��:1:9dKTUJ3?Wm,0=]1vITe0Z�1:K�,!3�1�9J1:I?1:=]I?1:9Øb�/S1'DØ*-NY,09@M+D�ÏÚ,·GHN@9a1�* u 1Yn ÏJná3�1:,09@M+D�ÏÚ,5DdPfÍsx�.áÎa*-1¢�²,5D�9âIT/�1�=:N!DSK?IT3?US=:ITM-N!DN!Z�1'3�,0I?N53�=:,!D`�1�=:,5*+*-1:9H,5U�I?NYGH,0ITM-=:,5*+*-e0n7PRDIT/S1�=:,YK?1�N!WSb�M+3�1'W�3�,YGH1<G�N@9a1'*-K:^@USK?1'3}M+DJI?1�3�O01'DJITM-N5D�M-K8N5WmI?1'D3�1:ä0UJM+3�1:9HI?N�9\M-K?ITM+DSÏ!UJM�KT/b�/aM-=?/·1:9JÏ01s*-N@N5Z�KsWmN53�G×,VWm,Y=:1s,5D�9vb�/JM-=�/·,53�1(N!DJ*-e�M+DJI?1'3?M-N53(*-N@N!ZSK:n

� � Õ@Å�� ÖRÓ � � Ö Ë ! � � Õ@Å@Ê���Ê&��Å@Ë

)êWm,0=]1(" K�UaDS9J1'3?*-e0M+D�Ï·KTUJ3?Wm,0=:1�,!DS9vIT/�1H1]9aÏY1(" K�UaDS9J1'3?*-e0M+D�Ïé='Ua3�OY1V,53�1HK?1'ZS,!3�,YI?1'*-eã9J1'ÎJD�1]9FM+DéGHN0K?IsWRN!3�GH,YI?K:n(è�`JO0M-N5U�KT*-e0^�IT/S11:9JÏ01�9a1'ÎJDJM-ITM-N!D�KT/SN!UJ*-9 `�1�KTU�=?/âIT/�,YIHIT/�1�1:9JÏ01�,0=:ITUS,!*+*-eÚ*+M-1:K�N!DâIT/S1²WR,0=:1HM-IVM-KV`�N!UJD�9@M+D�ÏJnØ_7N5b�1:O01�35^<,5Dâ1:9aÏY1�,5D�9áWm,Y=:19J1'ÎaDJM-ITM-N!DÙGH,5e²DSN0I�GH,YI?=�/çb�/�1'D·,*-N!b�ofI?N!*-1�3�,!DS=:1V9J1'ÎJDaM-ITM-N5DáM-K�USK?1:9�M+D·,V/aM-Ï5/�1�3?oTI?N5*-1'3�,!DS=:1�K?e@K?I?1:G×,YK�KT/SN5b�DvM+D·z}M-Ïan}iYi0n

E�N!3?3�1:=]ITM+D�ÏvIT/S1:K?1�9\M-K?=�3�1'Z�,5D�=�M-1:K�Ï01:NYGH1:IT3?M-=:,5*+*-e u Mmn 10n�b�M-IT/ãDS1:b 9J1'ÎJDaM-ITM-N5D�K��VM-K9\M+å²='Ua*-I�,!DS9á=:N0K?IT*-eYnvE�N!DSK?IT3?US=:ITM+D�Ï·,�DS1:bWm,Y=:1[USKTM+DSÏvN!DJ*-eãIT/S1H1:9JÏ01H9J1'ÎJDaM-ITM-N5D�KM-Ï!DSN!3�1:K,!DJe�M+DJI?1'3?M-N53VWR,0=:1H=�Ua3�O5,0ITUJ3�10n_sN5b�1]O01'35^�IT/S1HO0M+3�ITUS,!*X=:N!DSK?IT3?U�=]ITM-N!DâN!Z�1�3�,0I?N!3

Page 12: 0/121'3547681:9 ;@1'35ACB0,!DFE

z}M-Ï!UJ3�1�iYi0p�L�M-K?GH,YI?=�/S1:9vWm,0=:1s`�N!UJD�9@M+D�Ï�1:9JÏ01:K:^�*-e0M+DSÏ�N!2éIT/�1sWm,Y=:1(KTUJ3?Wm,0=:1Yn

=:,5Dv`�1sU�K?1]9vI?NH='3�1:,YI?1(,HO0M+3�ITU�,5*�2 ��9 2 �!� Wm,0=:1(b�M-IT/·IT/S1(1:9JÏ01:K7,0K�9a1�ÎaDS1:9v,!DS9v,V/SN0K?I7N!W�IT/S1(1:ß0M-K?ITM+D�Ï�Wm,0=]10n�6�/S1(1:9JÏ01:K�D�1]1:9DSN0I�`�1N!DvIT/S1s/SN0K?I�Ï01:NYGH1:IT3�e0^Se01:I�IT/S1VKTUJ3?Wm,Y=:1(9a1�ÎaDJM-ITM-N!DÚb�M+*+*l`�1sZa3�1]K?1'3�O01:9vM+DvIT/S1(Ï01�D�1'3�,YI?1:9·GH1:KT/ln

L�M-KTZJ*-,0=:1:9�1:9JÏ01:K�=:,!Dâ`�1�,5U�I?NYGH,0ITM-=:,5*+*-edKTZ�N0I?I?1]9Øb�/�1�DØ*-N0,Y9\M+DSÏÚIT/�1�GHN@9J1'*�M+DJI?NáIT/�1vK?e@K?I?1]G�nâPRWCIT/�1�9\M-K?I?,5D�=:1�`�1:ITb�1]1'DIT/S1�1]9aÏY1:KV,5D�9éIT/�1HWm,Y=:1VM-Kb�M-IT/JM+Dâ,�Za3�1]K?='3?M+`�1:9ÚI?N!*-1�3�,!DS=:1 u I?N�Za3�1:OY1'DJIH=:NYGVZJ*-1:I?1'*-eá1'3?3�N5D�1]N!USKVM+DaZJUSI?K��'^<IT/S1�=:N!DSK?IT3?US=:ITM-N!DN!Z�1'3�,0I?N53sM-K�=:,!*+*-1]9�n

� Ö Ë � �JÓ Õ �}Å@Ê�� � Ô&! �mÖ Õ �JÓ Å � Ò�Ó5Ö�Ó5Ö Å@Ë

6�/�1Za3�N5`a*-1:G N!W�9@UJZa*+M-=:,YI?1�1'DJITM-Ifeã9J1'ÎJDaM-ITM-N5D�K�=:,5DÚ,!3?M-K?1H`�NYIT/Ú9@U�1�I?N�9@M+2�1'3�1�D�=:1]KVM+DÚGHN@9J1'*�3�1'Za3�1]K?1'DJI?,0ITM-N5DØ,5D�9é9\M+2�1�3�1'DJII?N!*-1�3�,!DS=:1[3�1]ä0UaM+3�1:G�1'DJI?K(N!DçK?N!UJ3�=:1V,5D�9vI?,53�Ï01:I�K?e@K?I?1:G�K:n

u ,r� u `��

z}M-Ï!UJ3�1Vi¢�\p u ,r�8è�3?M-Ï!M+DS,!*lI?N!Z�N!*-N0ÏYe0^Jb�M-IT/�GVM-K?GH,YI?=�/S1:9�1:9JÏ01:K�,5D�9�O01'3�ITM-=:1]K:n u `��}6�/�1�I?N5Z�N!*-NYÏ0eH,5WmI?1'3XIT/�1�GM-K?GH,0I?=?/�1]9�1�DJITM-ITM-1:Kb�1'3�1(=]N!DJD�1:=]I?1:9�n

6�/aM-K�ZJ3�N!`J*-1:G =:,!D�`�1s=:N53?3�1:=:I?1:9�U�KTM+DSÏ�IT/�1(O0M+3�ITUS,!*­=:N!DJDS1:=:I�N!Z�1�3�,0I?N!35n�Í�M-O01'Dç,HI?N!*-1�3�,!DS=:1(O5,!*+US1 u USKTU�,5*+*-ev9a1�3?M-O01:9�W�3�NYG IT/S1K?N!UJ3�=:1K?e@K?I?1:G×I?N!*-1�3�,!DS=:1Vo�M+W8>@D�N5b�D��'^SIT/�1,!*-ÏYN!3?M-IT/SGhZJ3�N@=:1:1:9JK�W�3�NYG×IT/�1s*-N5b�1]K?Is1'DJITM-ITM-1:K�UaZJbX,!3�9�^�=:N!3?3�1:=]ITM+D�Ï�GVM-K?GH,YI?=�/S1:9O01�3�ITM-=:1:K:^7IT/�1'D 1:9JÏ01:K�,!DS9ØÎJD�,5*+*-eØWm,0=:1]K:n�Í�3�N!UJZ�K�N5W1'DJITM-ITM-1:K�IT/S,0I�,53�1vb�M-IT/JM+D�IT/S1�Za3�1:K?=�3?M+`�1:9�I?N!*-1'3�,5D�=:1·,!3�1v=]N!DJD�1:=]I?1:9USKTM+D�Ï·IT/�1�O0M+3�ITU�,5*�=:N!DJDS1:=:IN!Z�1'3�,YI?N!35^8b�/JM-=�/é3�1'Za*-,Y=:1:KIT/�1�K?1:I(N!W�1�DJITM-ITM-1:KV`Jev,�KTM+DSÏ!*-1 � ���!� 4 1 � � � � 1�DJITM-ITe0n�)�Dá1:ß@,YGVZJ*-1�N5WGVM-K?GH,YI?=�/S1:9v1:9JÏ01]Ks,!DS9vO01�3�ITM-=:1:Ks,5*-N!DSÏ�b�M-IT/·IT/S1(=:N53?3�1:=:I?1:9�I?N!Z�N5*-N0Ï0e�M-K7KT/�N5b�D�M+W�z}M-ÏJn8i5�@n

6�/�1�9J1:K?='3?M+`�1]9²ZJ3�N@=:1:9@UJ3�1�M-K8W�Ua*+*-e�,!USI?N0GH,YITM-=0^@/�N5b�1:OY1'3XGH,!D@US,!*�=]N!DJIT3�N!*�=:,!DH`�1�I?,5>@1'D²b�/S1'DHDS1:1:9J1:9�I?N�ZJ3�1:OY1'DJI<UJD�9J1:KTM+3�,!`J*-1=:N5DaDS1:=:I?K7N!37I?NHKTZ�1:=�M+Wme�1'DJITM-ITM-1]K(I?NH=:N!DJDS1:=:I�1:O01�DvM+W8D�NYI�M+DSKTM-9J1HIT/�1(I?N5*-1'3�,!DS=:1VZJ3�1:K?='3?M+`�1:9�n

� ��� � Ñ:Ò�Ó ÅJÉ:Ë:Å@Õ Ó5Ö È Ò Ë

6�/�1·I?1'3�G �T6 �!omM+DJI?1'3�K?1]=:ITM-N!DêM-Kv=]N0GHGHN5Da*-edUSK?1:9ÃI?NÚ9J1:K?='3?M+`�1Ú,ÚKTM-ITUS,0ITM-N!D±b�/S1'3�1·,Ø=:N53?D�1�3 u ,ÚO01'3�I?1]ßJ��N!W�N!DS1FWm,Y=:1v*+M-1:Ku Ï01]N0GH1:IT3?M-=],!*+*-eJ�sN!D�,5Dv1:9JÏ017N!W8,5D�NYIT/�1�3�WR,0=:10^@`JU�I�M-K�DSN0IXI?N!Z�N5*-N0Ï!M-=],!*+*�ev,[ZS,!3�I�N!W�M-I u ,0KXKT/�N5b�D�WmN53�1]ß@,0GVZJ*-1[M+Dçz}M-Ïan�i:Û u ,@�?�'n.0U�=?/vKTM-ITUS,0ITM-N5D�K(N@=:=�Ua3Cä0UaM-I?1(N5WmI?1'Dvb�/S1'Dv9J1:,5*+M+D�Ï�b�M-IT/FE�)swêGHN@9J1'*-K�N!W�=]N0GVZJ*-1:ß�KTUJ3?Wm,Y=:1:K�9a1]K?='3?M+`�1:9·,0K�,K?1:I�N!W8;��1��'M-1'3CN!3N0IT/S1'3 %7csy�;ÃZS,0I?=?/�1:K:n �f6 �!omM+DJI?1'3�K?1:=:ITM-N5D�K�=:,5Dã`�1V3�1:K?N!*-OY1:9áU�KTM+DSÏv,�/JM-Ï!/á*-1:OY1'* �T6 �!of=:N5DaDS1:=:IN!Z�1�3�,0I?N!35^­9a1:K?=�3?M+`�1:9Ú,!`�N5OY10^b�/aM-=?/ÚZ�1'3?WmN53�GHKH,v=:NYG[`JM+DS,0ITM-N!D�N5W7O0M+3�ITU�,5*sKTZJ*+M-I�,!DS9á=:N5DaDS1:=:IHN5Z�1'3�,YI?N!3�K:^�I?N5Z�N!*-NYÏ!M-=:,5*�*-e �¿ZJ3�N!tQ1:=:ITM+DSÏ(�ÚIT/�1�OY1'3�I?1:ßáI?NvIT/S11:9JÏ01(I?NH,5*+*-N5b¦=]N!3?3�1:=:I�=:N5DaDS1:=:ITM-N5DáN5W�IT/�1sZS,0I?=?/S1:K:^�,YK�KT/SN5b�DvM+D·z}M-Ïan}i]Ûan

Page 13: 0/121'3547681:9 ;@1'35ACB0,!DFE

u ,@� u `�� u =5� u 9S�

z}M-Ï!UJ3�1Úi:ÛapéE�N!DJDS1:=:I�K?I?,0ÏY1:K�N!WIT/J3�1:1v9\M-K?=]N!DJD�1:=]I?1:9 ZS,0I?=?/S1:K:^�M+DS='*+US9\M+DSÏd, �f6 �5omM+DJI?1'3�K?1:=:ITM-N5D}n u ,@��è�3?M-Ï!M+DS,!*I?N5Z�N!*-NYÏ0e��Ï01]N0GH1:IT3�eYn u `���.\IT3?US=:ITUJ3�1á,!WmI?1�3�OY1'3�I?1:ßâ=:N!DJD�1]=:I:n u =¢��.@IT3?US=:ITUa3�1é,!WmI?1'3�, �T6 �5oT=]N!DJD�1:=]I�oHb�/S1'3�1ãIT/S1·1:9aÏY1FM+D�IT/S1 �T6 �!oM+DJI?1'3�K?1:=]ITM-N!Dâb�,0K(KTZJ*+M-IH,5D�9·IT/�1�DÚ,�=:NYGHGHN5DÚO01'3�I?1]ß�WmN!3IT/S1 �T6 ��b�,0K(='3�1],0I?1:9�n u 9S�[6�/S1VW�UJ*+*-eã=]N!DJD�1:=]I?1:9áK?IT3?US=:ITUa3�1�,5WmI?1'31:9JÏ01(=:N5DaDS1:=:I:n

����� � Å@È��ãÅ Ó É¢Æ � Ö � ! �mÖ ��Õ �aÓ¢Ö È Ò

è�DS=:1(,H=:NYGVZa*-1]I?1V,5D�9�=:N!3?3�1:=]I�G�N@9a1'*lM-K�`JUaM+*-I:^�IT/S1sDS1:ß@IsK?I?1'Z�M+D�ZJ3�1'ZS,!3?M+DSÏ�M-I�WmN!37GH1]KT/aM+DSÏHM-K�USKTU�,5*+*-evIT/�1(KTM-GVZJ*+M+ÎS=:,0ITM�N!DÚN5WN5O01'3?of9J1:I?,!M+*-1]9ãÏY1:N0GH1]IT3?M-1:K:n�P�D�KTM-Ï5DaM+ÎS=:,!DJI9J1:I?,!M+*-K7GH,5e²/S,5O01,VGM+D�N53(1'2�1]=:I�N!D·IT/S1(,!DS,!*-e@KTM-Ks3�1:KTUJ*-I�`aUSIsK?1:OY1'3�1'*-e�=:N0GVZJ*+M-=:,YI?1,!USI?N0G�,0ITM-=sG�1:KT/�Ï01�D�1'3�,YITM-N!Dln�6�/S1�G�,!t?N53�=]N!DSK?IT3�,!M+DJI�KTUS=�/�9J1:I?,!M+*-K�M-GVZ�N0K?1�M-K<ZJ*-,0=:1:G�1'DJI�N!W�GH1:KT/HDSN@9a1]K�N!D�IT/S1�M+D�KTM-Ï5DaM+Î�=:,!DJI1'DJITM-Ife²`�N!UJD�9J,!3?M-1:K:^lb�/aM-=?/�M-K�1:KTZ�1:='M-,!*+*-ev3�1:K?IT3?M-=:ITM-OY1Vb�/S1'DvIT/S1s1�DJITM-ITeHM-K�3�1'*-,0ITM-OY1'*-evK?GH,!*+*­b�M-IT/�3�1:KTZ�1]=:I�I?NHIT/�17GH1:KT/ç1'*-1:GH1'DJIKTM��:10n²E�N0GHGHN5Da*-e·N@=:='UJ3?3?M+DSÏvGVM+D�N53H9J1:I?,5M+*-K[M+DS='*+US9a1�KT*+M-O01'3HWR,0=:1:K7,!DS9á1:9JÏ01:K(,YK(b�1'*+*�,YK(GVM+D�N53VWR1:,0ITUJ3�1:Ks*+M+>@1HÎJ*+*-1:I?K:^}`J*-1'DS9aK:^K?GH,5*+*}/SN!*-1:K:^�1:I?=Yn

u ,@� u `�� u =¢�

z}M-Ï!UJ3�1�i:kap�)dW�UJ*+*-ev,!USI?N0GH,YI?1:9�I?N5Z�N!*-NYÏ0evKTM-GVZJ*+M+Î�=],0ITM�N!DÚN5W8,V`J*-1'DS9a1:9·='UJ`�10n u ,@�<IT/S1(N!3?M-Ï5M+D�,5*�I?N5Z�N!*-NYÏ0e ' u `���IT/S1(KTM-GVZJ*+M+Î�1]9o�`�,YKTM-=V='UJ`�1(I?N5Z�N!*-NYÏ0e ' u =5��GH1:KT/vN5W�IT/�1(KTM-GZa*+M+ÎS1:9áI?N5Z�N!*-NYÏ0e

)�DSN0IT/S1'37ITe0Z�1VN5W�N!OY1'3�KTZ�1:=�M+Î�1:9·GHN@9J1'*8=]N0GVZJ*+M-=:,0ITM+DSÏvIT/S1(GH1:KT/·Ï01�D�1'3�,YITM-N!DvZJ3�N@=:1:K?K�M-K�Wm,Y=:1:I?1:9�Ï01:NYGH1:IT3?M-1:K:nX;�1:=:,5U�K?1N!W�IT/S1E�)sw�K?e@K?I?1:G×3�1'ZJ3�1:K?1'DJI?,0ITM-N5DáUSK?1:9�^lKTUJ3?Wm,0=:1]K$#!='UJ3�O01:K(,53�1VN5WmI?1'Dv`J3�N!>r1'DãM+DJI?N�G[UJ*-ITM+ZJ*-1�K?GH,5*+*8Wm,0=:1]K$#!1:9JÏ01:K:nCz�,0=:1]I?1:9ãG�N@9a1'*-KM-GVZ�NYK?1HKTM-GVM+*-,53HGH1]KT/vD�N@9J1:K�ZJ*-,0=]1:GH1'DJI(=:N5D�K?IT3�,5M+DJI?KV,YK�GVM+D�N539a1]I?,!M+*-K:n(_71'D�=]1[M+D·N53�9a1'3CI?N�='3�1:,0I?1Ï0N@N@9vä0US,!*+M-IfeãG�1:KT/·K?1:I?KN!W�K?G�,!*+*}WR,0=:1:I?K�DS1:1:9vI?NV`�1s3�1'Za*-,Y=:1:9v`Je�,HKTM+D�Ï5*-1VWm,Y=:10n

u ,r� u `��

z}M-Ï5Ua3�1�i5�@p u ,@��)�Dç,!ZJZa*-1=:N!DSK?IT3?US=:I?1:9·N!W8G(UJ*-ITM+Za*-1HWm,Y=:1:I?K:n u `���6�/S1(KTM-GVZa*+M+ÎS1:9áI?N5Z�N!*-NYÏ0e�,!WmI?1'3�Wm,Y=:1(GH1'3�ÏY10n

y�1:GHN5O0M+DSÏãKTUS=�/Ù9a1:I?,5M+*-KV`Jev=?/�,5D�Ï5M+D�ÏáIT/S1HÏY1:N0GH1]IT3�e0^8,0K(KTUSÏ0ÏY1:K?I?1:9áM+DdÜ-i0i�ÝT^�Ü k:Ýf^}bXN!UJ*-9Ù3�1]ä0UaM+3�1HÎJD�9@M+D�ÏvDS1:b�KTUa3?Wm,Y=:1:K,!DS9

Page 14: 0/121'3547681:9 ;@1'35ACB0,!DFE

='UJ3�O01:K�,!ZJZa3�N5ß0M-GH,YITM+D�Ï�IT/S1v1:ß0M-K?ITM+D�ÏdÏY1:N0G�1:IT3�eØN5O01�3�IT/S1·=:N!DSK?IT3�,!M+DJM+D�ÏdI?N5Z�N!*-NYÏ!M-=:,5*H`�N5UaDS9a,53?M-1:K:n E�N0GZaUSI?,0ITM-N5DêN5WKTU�=?/Ï01]N0GH1:IT3?M-1]K�GM-Ï!/JI�N5WmI?1'DH`�17O01'3�e=:NYK?IT*-e0^�,5D�9�1:OY1'D�D�NYI<,5*-b�,5e@K<Z�N0K?KTM+`J*-10n7.0U�=?/�=�/S,!DSÏ01(N5WlÏ01:NYGH1:IT3�eH,5*-K?N[*-1:,Y9aK�I?NsM+DS1:O0M-I?,!`J*-1*-N0K?1N!W�,Y=:='UJ3�,0=:eYn

csKTM+DSÏ�O0M+3�ITUS,!*�I?N!Z�N5*-N0Ï0evZJ3�N!O0M-9J1:KIT/�1�GH1:,!DSK(N!WXKTUJZaZJ3�1:K?KTM+DSÏãIT/S1[M+DSKTM-Ï!DJM+Î�=:,5DJIH9J1:I?,!M+*-KV`Je�U�K?1�N!WXIT/�1HG�1'3�Ï01H,5D�9·=:N5*+*-,!ZSK?1N!Z�1'3�,0I?N53�K:n()�ZJZa*-e0M+DSÏvIT/SN0K?1N!Z�1'3�,YI?N!3�Ks3�1:G�N!OY1:KsIT/S1(D�N@9J1VZJ*-,0=:1:G�1'DJI(=:N!DSK?IT3�,!M+DJIb�M-IT/vD�N�,Y=:ITU�,5*�Ï01:NYGH1:IT3?M-=H=?/S,!DSÏ01:K:^l,!DS9IT/S1'3�1'WmN53�1Hb�M-IT/ãDSN�,Y=:='UJ3�,0=:ev*-N0K?K u .0M+D�=]1�IT/S1HÏY1:N0GH1]IT3�e�M-K[*-1'WRIsUaDS=�/S,!DSÏ01]9�^8IT/S1H,Y=:='UJ3�,0=:e·N!WXIT/�1�GH1:KT/·M-K(9a1'Z�1'D�9J1'DJIHN5Da*-eN!D·IT/S1(1'*-1:G�1'DJI(KTM��:10n �'n�x<ß@,YGVZJ*-1:K(N!W�IT/S1[USK?1N!W�IT/SN0K?1N!Z�1'3�,YI?N!3�K�WmN!3CKTM-GVZa*+M+ÎS=:,YITM-N!Dâ,!3�1(M+D·z}M-Ï!UJ3�1:KHi:k�,!DS9 i¢�\n�P�D·z}M-Ïan8i]k,�=�Ua`�1�b�M-IT/·`J*-1'D�9J1:9Ú1:9JÏ01:K(,5D�9·=:N53?D�1'3�K(M-K(1:9@M-I?1:9ã`JevGH1],!DSK(N!W�IT/S1H=:N5*+*-,!ZSK?1�N5Z�1'3�,YI?N!35^8I?N�/�,5O01�,�I?N5Z�N!*-NYÏ0eáN5W�,�KTM-GVZJ*-1='UJ`�10^�1'DS,!`J*+M+DSÏã1:,YK?e�ÏY1'D�1�3�,0ITM-N!DÙN!WX,²/S1:ß@,5/�1:9@3�,!*XGH1:KT/lnCPRD·z}M-Ïan8i¢�H,!Dé1:ß@,0GVZJ*-1HN5W<Wm,Y=:1:I?1:9vÏY1:N0G�1:IT3�e0^�GH1'3�ÏY1:9vI?N�1'DS,!`J*-1=:NY,!3�K?1GH1:KT/JM+D�ÏHM-KsKT/SN5b�D}n

|},53�Ï01�9J1:KTM-Ï5D�GHN@9J1'*-K8N!WmI?1�DV3�1:ä0UJM+3�1�KTM-GVZJ*+M+Î�=:,YITM-N0D�N!WSG[UJ*-ITM+Za*-1�Wm1:,YITUa3�1:K}`�1'WmN!3�1XIT/�1�GHN@9J1'*aM-K8KTUJM-I?,!`J*-1�WRN!38G�1:KT/aM+DSÏan��81'3?WRN!3�GVoM+DSÏ�KTUS=?/vKTM-GVZJ*+M+Î�=],0ITM�N!DÚGH,5D@U�,5*+*-e�M-K�ITM-GH1(=:N!DSKTUSGVM+D�Ï�,!DS9�I?1:9@M-N!USK:n�_s1�D�=:17IT/�1sDS1:1:9�WRN!3�,5U�I?NYGH,0I?1:9v,5D�9�K?1:GVM+of,!USI?N0G�,0I?1:9I?N@N!*-K�WmN!37KTUS=�/·9J1:I?,5M+*�9a1:I?1]=:ITM-N!Dé,!DS9vKTUa`SK?1:ä0US1'DJI(KTUJZaZJ3�1:K?KTM-N!DlnCE�,53�1'W�UJ*8K?1'*-1]=:ITM-N!DéN!WXb�/aM-=?/·9a1]I?,!M+*-K(I?NHKTUJZaZJ3�1:K?K(KT/SN!UJ*-9ã1�DaoKTUJ3�1VKTUJå�='M-1'DJI(z8xâ,!DS,!*-e@KTM-K,0=:=�Ua3�,Y=:e0^�b�/aM+*-1�KTM-GVZa*+M+WRe0M+D�Ï·IT/�1(G�1:KT/·Ï01'DS1'3�,YITM-N!D·Za3�N@=:1]K?K:n(.@1:O01�3�,!*8G�1:IT/�N@9JKsWmN53sKTUS=?/·9a1:I?,5M+*3�1:=:NYÏ!DJM-ITM-N!Dé,!DS9vKTUaZJZJ3�1:K?KTM-N!Dá/S,0K�`�1]1'D·KTU�ÏYÏ01:K?I?1]9�M+D·IT/�1sZS,0K?I:n

6�/�1�,5ZaZJ*+M-=:,0ITM-N5D�N!W�G�1:9\M-,5*7,0ß0M-K:^8WmN!39J1:I?,5M+*sKTUJZJZa3�1:K?KTM-N5Ddb�,YK[M+DJIT3�N@9@US=:1:9á`Jeã)�3�GHK?IT3�N!DSÏvM+DdÜ�i�ÝTn � /JM+*-1�IT/S1�GH1:9@M-,!*7,0ß0M-K9JN@1:KsZa3�N5O0M-9J1�,5*+*�IT/S1[M+DJWmN53�GH,0ITM-N5D 3�1]ä0UaM+3�1:9·WmN!39J1:I?,!M+*XKTUJZaZJ3�1:K?KTM-N!Dl^8M-I�" K(=]N0GVZJU�I?,YITM-N!D u ,0K(9J1:K?='3?M+`�1:9ãM+DdÜ-i:à5Ým��M-Ks`�,YK?1:9ãN5DÏ!*-N5`�,5*�,5D�,5*-e@KTM-KHN!W�IT/S1HN5`atQ1:=:Is,5D�9·IT/S1'3�1'WmN53�1[M-Ks/JM-Ï!/J*-eã=]N0GVZJ*-1:ß�^l1:ß0Z�1'DSKTM-O010^­,!DS9FDSN0I7,!*-b�,5e@KsZ�NYK?KTM+`a*-10n�6�/�1=:N!DSK?IT3?US=:ITM-N!DN!W�G�1:9\M-,5*8,Yß0M-Ks3�1:ä0UaM+3�1]KsIT/S1(,!DS,!*-e��:1:9·N!`Jt?1]=:I�I?NV`�1(b�1'*+*­9a1�ÎaDS1:9·,!DS9�9JN@1:KTD�" I�/S,!DS9@*-1[DSN!DJofGH,!DJM+WmN!*-9éI?N!Z�N5*-N0Ï!M-1]KVN53sG�N@9a1'*-K=:N5DJI?,!M+DJM+D�ÏvK?1:I?K�N5W}Wm,Y=:1:K�DSN0I�=:N5DJI?,!M+DS1:9v`Je�,�O0N!*+USGH10n

u ,r� u `��

z}M-Ï!UJ3�1�i:�ap u ,@�<)�D@U�I�b�M-IT/·=:N0GZa*-1:ß�`a*-1�D�9JK(,!DS9�`aUJ*-Ï01]K�' u `���Lv1:KT/ç,!WmI?1'37I?N5Z�N!*-NYÏ0evKTM-GVZJ*+M+Î�=],0ITM�N!Dln

)�DSN0IT/S1'3,5ZaZJ3�N0,Y=�/âIT/S,0I(=:N5Ua*-9ã`�1²USK?1:9vWmN!39J1:I?,5M+*�KTUaZJZJ3�1:K?KTM-N!DÚM-KIT/�,YI(N!W�Wm1],0ITUJ3�1V3�1:=:NYÏ!DJM-ITM-N!Dâ,0K(9J1:K?='3?M+`�1]9ÙM+D Ü+�:ÝTn6�/aM-K,!ZJZJ3�N0,0=?/H3�1:ä0UJM+3�1:K�9J1'ÎJDaM+DSÏ,sK?1:I8N5WaM+DSKTM-Ï!DJM+Î�=:,5DJI�WR1:,0ITUJ3�1:K8I?N�`�1�9a1]I?1:=:I?1:9H,5D�9IT/S1�3�1]GHN5O!,5*@W�3�N0G#IT/�1�G�N@9a1'*SN!W�IT/�1�9J1:I?1:=]I?1:9Wm1:,YITUa3�1]K:n�PmI}3�1:ä0UJM+3�1:K�/�1:,5O@eH=]N0GVZJU�I?,YITM-N!DSK�,!DS9H9a1]GH,!DS9aK�,(=:N53?3�1:KTZ�N5D�9J1'DS=:1(N!Wl9J1:I?,!M+*-K�,5D�9HWm1],0ITUJ3�1:K:^@b�/aM-=?/�9aN@1]KTD�" I�,!*-bX,!e@K1:ß0M-K?I u 10n ÏJn8KT*+M-O01�3(Wm,0=:1]K��'n

)�D²,!USI?N0GH,YI?1:9�K?=�/S1:GH1�WmN53�9J1:I?,!M+*�KTUaZJZa3�1]K?KTM-N!DvUSKTM+D�ÏO0M+3�ITU�,5*lI?N!Z�N5*-N0Ï0e�b�,YK}M+DJIT3�N@9\US=:1:9�M+D·Ü�i¢Þ¢ÝfnÃ6�/JM-K�='*+USK?I?1'3?M+DSÏH,!*-ÏYN!3?M-IT/SGKTUSÏ0Ï01]K?I?KV,5Dá,5*-I?1'3?D�,YITM-O01�I?N!Z�N!*-N0ÏYeãWmN53(IT/S1HGHN@9J1'*m^}`S,0K?1:9·N!DéIT/�1�GHN@9a1�*�ÏY1:N0GH1]IT3�e0n6�/S1KTU�ÏYÏ01:K?I?1:9éI?N!Z�N5*-N0Ï0e·M-Ks`�,YK?1:9ãN5DKTUJ`�9\M-O0M-KTM�N!DÙN!W�IT/S1(GHN@9a1�*}Wm,Y=:1:K�1'DJO01�*-N!Z�1VM+DJI?NH3�1:Ï5M-N!DSKsN5W83�1:K?IT3?M-=:I?1:9v='UJ3�O5,0ITUJ3�1V,5D�9�9\M-K?I?,5D�=]1H9a1]O0M-,0ITM-N!Dln

6�/�1�='*+U�K?I?1�3?M+D�Ïá,5*-Ï0N53?M-IT/�G Za3�N5O0M-9J1:KH,!USI?N0G�,0I?1:9á9J1:I?1'3�GM+D�,YITM-N!DdN5W�1'DJITM-ITM-1:KI?N�`�1�G�1'3�Ï01:9éN!3=:N5*+*-,!ZSK?1:9�^�`�,YK?1:9áN5Dá,�U�K?1'39J1'ÎaDS1:9v,5ZaZJ3�N5ß0M-GH,0ITM-N5DÚI?N!*-1'3�,5D�=]10n7P¿I<M-K�`�,YK?1:9vN!DçIT/�1(,5D�,5*-e@KTM-KVN5W8,VWR,0=:1:I?1]9�,!ZJZJ3�N!ß0M-G�,0ITM-N!DâN5W8IT/S1(GHN@9a1�*8Wm,0=:1]K:^a1�D�,5`a*+M+DSÏO01�3�e�Wm,YK?Is=:NYGVZaUSI?,0ITM-N5D}^­KTM+D�=:1M-IsM+DJO0N!*-OY1:KGH,!DJM+ZaUJ*-,0ITM-N0DâN5W<*+M+DS1:,!3=]N0GVZJU�I?,YITM-N!DSKHN!DJ*-e0nPmI�,!OYN!M-9JKVIT/S1=:N0GVZJ*-1:ß0M-IfeãN5W<`�NYIT/Ï!*-N5`�,5*�,5D�,5*-e@KTM-KVN5371:ß0Za*+M-=�M-IV9J1:I?1:=:ITM-N5DáN5W�IT/�1KTUJZaZJ3�1:K?K?1:9·9a1]I?,!M+*-K:n.@N0GH11:ß@,YGVZa*-1]K(N!W�,!USI?N0G�,0I?1:9·Ï01:NYGH1:IT3�e�KTM-GVZa*+M+ÎS=:,YITM-N0D,!3�1sM+D·z}M-Ï5Ua3�1]KVi:��,!DS9ái:ga^Sb�/�1'3�1(IT/S1(N!3?M-Ï5M+D�,5*�N5`Jt?1:=:I?K�,!DS9vIT/S1(GH1:KT/v,5WmI?1'37KTM-GVZJ*+M+Î�=],0ITM�N!DÚ,53�1(KT/�N5b�D}n

� /JM+*-1·IT/�1�Za3�N5O0M-9J1:9dK?=�/S1:GH1�9aN@1]K²DSN0I�9a1:I?1]=:I ��� � I?N!Z�N5*-N0Ï5M-=:,!*�=�/S,!DSÏ01]K²3�1]KTUa*-ITM+DSÏáM+DdKTM-GVZJ*+M+Î�=],0ITM-N!D#M-IH1'DS,!`J*-1:K�Wm,YK?IVKTM-GoZJ*+M+Î�=:,YITM-N!D N!WX,�O5,0K?I7,0GHN5UaDJIN!WXÏ01:NYGH1:IT3?M-1:K:^­,!DS9ãKTM-Ï5DaM+ÎS=:,!DJIT*-eÚKT/SN!3�I?1'DSK(IT/S1HÏ01:NYGH1:IT3�evKTM-GVZJ*+M+ÎS=:,0ITM�N!DâZ�,53�I(N!WXIT/�1HG�N@9a1'*ZJ3�1'omZa3�N@=:1]K?KTM+D�Ï�WmN!37GH1:KT/JM+DSÏan

����� � Å@È��ãÅ Ó É¢Æ � Å@Õ@È�� !ÀÈ�Ë ÖRÓ¢Ö È Ò

ws1]=:N0GVZ�N0KTM-ITM-N!DÙN!W�IT/S1VGHN@9J1'*lM+DJI?N�K?1]O01'3�,5*8Z�,53�I?K�M-KsN5WmI?1'DçIT/�1sÎJD�,5*�K?I?1'Z·N!W�G�N@9a1'*lZa3�1�o¿ZJ3�N@=:1:K?KTM+DSÏ�WmN53sG�1:KT/aM+DSÏan7PmI�M-K�USK?1:9`�NYIT/·I?NHKTM-GVZJ*+M+WmevIT/�1(G�1:KT/aM+DSÏ�,5D�9�I?NH,0=?/JM-1:O01HIT/S1(9J1:KTM+3�1:9vGH1:KT/�Za3�N5Z�1'3�ITM-1:K:n

Page 15: 0/121'3547681:9 ;@1'35ACB0,!DFE

~�,!3?M-N!USK8`�N@N!*-1:,5D�N!Z�1'3�,YI?N!3�K8/�,5OY1�`�1:1'DH/JM-K?I?N!3?M-=:,5*+*�eHUSK?1:9HI?N7KTZa*+M-I�N52HZ�N53�ITM-N!DSK�N!W�IT/S1<3�1:,5*�ÏY1:N0G�1:IT3�e0n�6�/�1�G�,!M+D�9@3�,5b�`S,0=?>�I?NIT/JM-K<,5ZaZJ3�N0,Y=�/�M-K�IT/�,YI<N5WmI?1'D�IT/�1�='USI?ITM+D�Ï(I?N@N5* u KTUJ3?Wm,Y=:1�N!3XO0N!*+USGH15�}M-K8M-I?K?1'*+W}/S,!3�9HI?N79a1�ÎaDS10n�z�N!3�1]ß@,0GVZJ*-10^JIT/�1�OYN!*+USGH1�KT/�N5b�DM+Dvz}M-ÏJnJÛV=:N5DJI?,!M+DSKsIT/S1sN5`a*+M-ä0US1[M+DJI?1�3�K?1:=:ITM-N!D·N5W8,=:e0*+M+DS9a1'3Cb�M-IT/v,='Ua`�10n�z}M+D�9@M+D�Ï�,(Î�I?ITM+DSÏ�KTUa3?WR,0=:1�WmN!3�KTUS=?/�,5D�M+DJI?1'3�K?1]=:ITM-N!D=:N5DJI?,!M+DJM+D�Ïv,5*+*8IT/S1V1:9JÏ01]K�M-K�D�N5DaofIT3?M-O0M-,5*�,5D�9vGVM-Ï5/JIsN5WmI?1'D�3�1]KTUa*-I�M+D·KTUa3?Wm,Y=:1:K7b�M-IT/·OY1'3�eH/aM-Ï5/·='UJ3�O!,YITUa3�1�9a1:O0M-,YITM+D�Ï�Wm,!3�W�3�NYGIT/S1(KTUa3?3�N5UaDS9\M+DSÏv1:9JÏ01s*-N@N5Z}n

6�/�17O0M+3�ITU�,5*lI?N!Z�N5*-N0Ï0e�Za3�N5O0M-9J1:K�IT/�17I?N@N!*-K�I?N(KTZJ*+M-I�IT/S1sOYN!*+USGH1sUSKTM+D�ÏH,Ï!M-OY1'Dv1]9aÏY1�*-N@N!Zl^�,5OYN!M-9@M+D�Ï�IT/S1�/S1:,5O@e�=]N0GVZJU�I?,YITM-N!DSK3�1:ä0UJM+3�1:9vWmN!3�IT/S1(`�N@N!*-1:,5DáN5Z�1'3�,YITM-N!Dl^�`Je�=:N5D�K?IT3?US=:ITM+DSÏ�, 46�/�7� 2 ��� O0M+3�ITU�,5*8Wm,0=]1(N!D·IT/S1(O0N!*+USGH1(U�KTM+DSÏ�,YK�M-I?K�*-N5b�1'37I?N!Z�N!*-N0ÏYeIT/S1V9@M-K?K?1:=:ITM-N5Dá1:9JÏ01]K:n�6�/S1sWm,Y=:1[M-K7IT/�1�DvU�K?1:9v,YK�IT/�1KTZa*+M-I?ITM+DSÏvI?N@N!*lWmN!37,�O0M+3�ITUS,!*�KTZJ*+M-I(N!Z�1'3�,YI?N!3C9a1:=]N0GVZ�NYKTM+D�ÏvIT/S1O0N!*+USGH1M+DJI?N�ITb�N(ZS,!3�I?K:n

��� �ÃÅ@Ë � Ê��0Ô}Ë Ó �ãÅ Ò�Ó

è�WmI?1'D ,!WmI?1�3�IT/S1vGHN@9J1'*sM-K�ÎaDS,!*+*-eØZJ3�1'ZS,!3�1:9dWmN53�G�1:KT/aM+DSÏÚ,!DS9dGH1:KT/S1:9�^sIT/S1�3�1:KTUJ*-ITM+D�ÏdGH1]KT/d9JN@1:K�DSN0I�K?,0ITM-KTWReØIT/S1�U�K?1'33�1:ä0UJM+3�1:GH1'DJI?K�,!DS9áIT/�1�GHN@9J1'*�/S,0KI?N�`�1²3�1�oT1]9\M-I?1:9é,!DS9ã3�1:GH1:KT/S1:9�n·è�DS1HN!W�IT/S1�GHN!3�1�=:NYGHGHN5DÚ,095tTUSK?I?GH1'DJI?K(3�1:ä0UaM+3�1]9ÙM-K=:N53?3�1:=:ITM+DSÏáIT/�1�GHN@9J1'*79a1:=]N0GVZ�NYKTM-ITM-N!Dlnd6�/�1]K?1�,095tTUSK?I?GH1'DJI?K�=:,5D `�1�=:,YI?1:Ï0N53?M��:1:9ØM+DJI?N·IT/�NYK?1vb�/JM-=?/ 3�1]ä0UaM+3�1·,v=�/S,!DSÏ01vN5WI?N!Z�N!*-N0ÏYeã,5D�9·IT/SN0K?1b�/JM-=?/ã3�1:ä0UJM+3�1H,�=?/�,5D�ÏY1VM+D �mZ�N0KTM-ITM-N5DâN!DJ*-e�� u 10n Ïan7IT/�1(*-N@=:,YITM-N!DÚN5W�,�O01�3�I?1:ßJ�'ns6�/S1[3�1]ä0UaM+3�1:9é=�/S,!DSÏ01:KM+D·I?N!Z�N!*-N0ÏYev,!3�1(K?IT3�,5M-Ï!/JI�WRN!3�b�,53�9�USKTM+D�Ï�IT/S1(O0M+3�ITU�,5*�I?N!Z�N5*-N0Ï0evN5Z�1'3�,YI?N!3�K:n

u ,@� u `�� u =5� u 9S�

z}M-Ï!UJ3�1�i5Þ\pX)s95tTUSK?ITM+D�Ï�,HGHN@9J1'*�GH1]KT/�`Je�USK?1(N!W�9J1:=:NYGVZ�NYKTM-ITM-N!D8n u ,@��è�3?M-Ï!M+DS,!*�OYN!*+USGH1HGH1]KT/}n u `���~�M+3�ITUS,!*�KTZJ*+M-IsN5W�IT/�1I?N!ZWm,Y=:1VUSKTM+D�Ï 46�/�7� 2 ��� 1:9JÏ01]K:n u =5�s6�/�1HOYN!*+USGH1�G�1:KT/á,5WmI?1'3IT/S1�KTZa*+M-I:n u 9��s6�/S1HGH1:KT/Ù,095tTU�K?I?1]9ã`�,YK?1:9áN5DÚKT*+M-9\M+DSÏáIT/S1H1:9JÏ01:K,!*-N5D�Ï�IT/S1[WR,0=:10n

)d=?/�,5D�ÏY1�M+D�� Z�N0KTM-ITM-N5DvN5Da*-e��(M-K�1:KTZ�1]='M-,!*+*-e�b�1'*+*�KTUJM-I?1:9�I?N(O0M+3�ITU�,5*lI?N!Z�N5*-N0Ï0eYn�PRD�GH,5DJeH=:,0K?1]K:^@9a1]=:N0GVZ�N0KTM-ITM-N!D�K�3�1]KTUa*-I<M+D�KTZJ*+M-I?Kb�M-IT/·IT/�1�KTZa*+M-I?ITM+DSÏv1'DJITM-ITe�`�1'M+D�Ï�, 4��/��� 2 � � OY1'3�I?1:ß�N!3(1]9aÏY10n(6�/aM-K�M-GVZJ*+M-1:KHIT/S,0IsIT/S1N!DJ*-ev=:N!DSK?IT3�,!M+DJIN!D·IT/S1V1�DJITM-ITe�M-K(IT/S,0IM-I�3�1:GH,5M+D·N!D�M-I?K�/SN0K?I7,!DS9�/S1'D�=]1(=:,!Dv`�1(9Je0DS,0GVM-=:,5*+*-eãKT*+M-9vN5DvIT/S1s/�NYK?I�I?NV3�1'Z�NYKTM-ITM-N!DéIT/�1(GH1]KT/�M+DJI?1'3�,Y=:ITM-O01'*-e·,0K�KT/SN5b�D�M+Dz}M-Ïan8i¢Þ u 9S�'n�)�*-K?N�IT/�1(KTZJ*+M-I(=:,5Dv`�1(GH,09J1b�M-IT/·IT/S1GH1:KT/�M+D·ZJ*-,0=:10^�3�1]ä0UaM+3?M+DSÏ�D�N3�1:GH1:KT/JM+D�Ïv,YI�,!*+*mn�6�/�1O0M+3�ITUS,!*�I?N!Z�N!*-N0ÏYeIT/S1'D�`�1]=:N0GH1]Ks,HGH1]=�/S,!DJM-K?G I?NVZ�1�3?WmN!3�G×GH,Y='3�NHGH1]KT/·1:9\M-I?K:n

� ��� � � ! � Å@Ë ��Ò Ê � Å@Ë5Ô ��Ó Ë

6�/�1�1:ß@,0GVZJ*-1:K9\M-KTZJ*-,5e01:9Ú`�1'*-N5b 9J1:GHN5D�K?IT3�,YI?1�ITb�N�N!W�IT/�1HG�,!t?N53(Za3�1�o¿ZJ3�N@=:1:K?KTM+DSÏ·K?I?1'Z�K:pCÏ01:NYGH1:IT3�e·=:N!3?3�1:=]ITM-N!DÚ,5D�9áG�N@9a1'*KTM-GVZJ*+M+Î�=],0ITM�N!DlnâPRDÚz}M-ÏJn�i]àa^�,vGHN@9J1'*�N5Ws,vK?1]9a,5D *-NY,09J1:9 W�3�N0G ,5DdPfÍsx�.vWmN!3�GH,YI[ÎJ*-1�M-K�9\M-KTZJ*-,5e01:9�nÚ6�/�1�GHN@9J1'*�=:N5DJI?,!M+DSKà@Þ %7csy�; Z�,YI?=�/S1:K:^7,!DS9Ø/�,YK�,áI?N5*-1'3�,!DS=:1áN5Wjan � u IT/S1ãK?N5*+M-9ÃGHN@9J1'*-1'3�M+D�N!UJ3vK?e@K?I?1:G�/S,0K�,éI?N!*-1'3�,5D�=:1éN!W�i:j���5�'^7IT/S1'3�1M-KHD�N·I?N!Z�N!*-N0Ï5M-=:,!*=]N!DJD�1:=]ITM-O0M-ITeØ`�1:Ifb�1:1'DâZ�,YI?=�/S1:KH,5D�9âG[UJ*-ITM+ZJ*-1 �T6 �!omM+DJI?1'3�K?1]=:ITM-N!DSK�1:ß0M-K?I:nâ)�USI?N0G�,0ITM-=v=:N53?3�1:=:ITM-N!D�N5W(IT/S1GHN@9J1'*�U�KTM+DSÏ�IT/�1�M+DaZJUSIsI?N!*-1�3�,!DS=:1sÎ�ß@1]K�gYg� N5W8IT/S1�M+DS=:N!DSKTM-K?I?1'DS='M-15K:n�6�/S1s,5U�I?NYGH,0ITM-==:N53?3�1:=:ITM-N!DçI?,!>r1:K�,!`�N5U�I7�(GVM+D@U�I?1]K�N5D_s��g0jYja^lb�M-IT/ÚIT/�1�GH,!D@US,!*X=:N!3?3�1]=:ITM-N!DÚN5W�IT/S1V3�1:GH,5M+DaM+DSÏFZJ3�N!`J*-1:GHK�I?,!>@M+DSÏv,!`�N5U�IIT/�1�K?,0GH1HITM-G�10nH)�WmI?1'3,�=]N!3?3�1:=:I(G�N@9a1'*b�,YK�1]K?I?,!`J*+M-KT/�1:9·M-I�bX,0K�KTM-GVZJ*+M+Î�1:9éI?NH=:N!DJI?,5M+D·N!DJ*-eãi¢��WR,0=:1:K�`Je�GH1'3�Ï5M+D�Ï�Ï53�N!UJZ�K7N!W8Wm,Y=:1:K�Za3?M-N53(I?NHIT/S1(GH1:KT/çÏ01'DS1'3�,YITM-N!Dln

u ,r� u `��

z}M-Ï!UJ3�1Vi]àap u ,r�À)âK?1:9J,!D�GHN@9J1'*�,0K}*-NY,09J1:9�W�3�N0Gê,5DHM+DaZJUSIsPfÍsx�.(Îa*-10n u `��8.rUJ3?Wm,Y=:1sGH1]KT/�N!W�IT/S1�K?1:9J,!D�,!WmI?1�3�GHN@9J1'*S=:N!3?3�1]=:ITM-N!D,!DS9vKTM-GVZJ*+M+Î�=],0ITM-N0Dln

Page 16: 0/121'3547681:9 ;@1'35ACB0,!DFE

PRDéz}M-ÏanXi:ga^­,�`J3�,0=?>@1:ITom*+M+>@1vKT/S,!Z�1²M-K9J1:K?='3?M+`�1:9�^�b�M-IT/ÚG[UJ*-ITM+ZJ*-1�`a*-1'DS9JK:^ÀÎJ*+*-1:I?KH,5D�9éN0IT/S1'3HGM+D�N53H9J1:I?,!M+*-K:nç6�/S1HGHN@9J1'*�bX,0KKTM-GVZJ*+M+Î�1]9 USKTM+D�ÏéIT/�1�W�Ua*+*-eÚ,5U�I?NYGH,0I?1:9â='*+USK?I?1'3?M+D�ÏÚ,5*-Ï0N!3?M-IT/SGHK�`�,YK?1:9ÚN!DÚU�K?1�3HZa3�1]K?='3?M+`�1:9d,5D�Ï5*-1v,!DS9 9@M-K?I?,!DS=:1·I?N!*-1'3�,5D�=]10n6�/aM-K�3�1:KTUJ*-I?1:9�M+D·,HKTM-GVZJ*-1HI?N!Z�N!*-N0ÏYe�GH1]KT/�,5`a*-1V`Je�IT/S1 �QE�N@N!Z�1'3768N@N5*��0,0K79a1]K?='3?M+`�1:9vM+DÚÜ Û5ÝTn

u ,r� u `��

z}M-Ï!UJ3�1Øi]gap u ,@��) `a3�,Y=�>r1:ITom*+M+>@1ÚN!`Jt?1:=]I�b�M-IT/�G[UJ*-ITM+ZJ*-1 `J*-1'D�9JK:^(Îa*+*-1]I?Kv,!DS9 DSN0I?=?/�1]K�' u `���~�N!*+USGH1áG�1:KT/�,!WmI?1�3vI?N!Z�N!*-N0ÏYeKTM-GVZJ*+M+Î�=],0ITM�N!Dln

6�/�1�O0M+3�ITUS,!*lI?N!Z�N!*-N0ÏYeHM-KÀM-GVZJ*-1:GH1�DJI?1:9�,YK<Z�,53�I<N5WlIT/�1�ZJ3�1'Za3�N@=]1:K?KTM+D�ÏZ�,Y=�>Y,0ÏY1s=:,5*+*-1:9vÍs)7Lv;�P¿6(^5`�1'M+DSÏH9J1:O01'*-N5Z�1:9�,0I�z}*+U�1'DJIPRDS=0n8)7K<K?1]1'D�M+D�IT/S1�1:ß@,0GZa*-1:K�M-I<ZJ3�N5O0M-9a1]K�IT/S1�I?N@N!*-K�I?N(IT3�,5D�KTWRN!3�G ,E�)7wdGHN@9a1�*�M+DJI?NH,(GH1:KT/S,!`J*-1(GHN@9J1'*m^J,!*+*-N5b�M+D�ÏH�S1:ß0M+`J*-1I?N!Z�N!*-N0ÏYe�1:9\M-ITM+DSÏ�b�/aM+*-17GH,!M+DJI?,5M+DaM+D�Ï�IT/S1�N!`Jt?1:=:IXÏ01:NYGH1:IT3�e0n�6�/�1�,5U�I?NYGH,0I?1:9�Ï01:NYGH1:IT3�eH=]N!3?3�1:=:ITM-N5D�,!DS9�KTM-GZa*+M+ÎS=:,0ITM�N!DéI?N@N!*-KK?1'3�OY1�I?Ns3�1]9\US=:1�KTM-Ï!DJM+Î�=],!DJIT*-e�IT/S1�,0GHN5UaDJI�N!W�3�1:ä0UJM+3�1:9HUSK?1'3<M+DJI?1�3�,0=:ITM-N5DvI?NsKTZ�1:1:9HUaZ²IT/�1�G�N@9a1'*SZa3�1'ZJ3�N@=:1:K?KTM+DSÏan�6�/S1�K?e@K?I?1:GM-Ksb�3?M-I?I?1'D�M+DéE���� u U�KTM+DSÏHM+Da/S1'3?M-I?,5D�=:1�K?NH,YK�I?NHGH,!>r1(IT/�1(,Y=:=:1:K?K�I?NV3�1],!* #!O0M+3�ITUS,!*X1'DJITM-ITM-1:K(=]N0GVZJ*-1:I?1'*-evIT3�,5D�KTZS,!3�1'DJI�WmN!37IT/S1M+DJI?1'3?Wm,Y=:15��,!DS9�M-I�3?UJDSK�N5D·G[UJ*-ITM+ZJ*-1VZa*-,YITWmN!3�G�K:n

� È Ò Õ � Ô}Ë Ö È Ò Ë

PRD�IT/JM-K�Z�,5Z�1'37,!D�N5O01'3�O0M-1]bÃN5W}IT/S1sZJ3�N!`J*-1:GHK�,!3?M-KTM+DSÏ�b�/S1'D�M+DJI?1:Ï53�,0ITM+DSÏvE�)swd9J,0I?,VM+DJI?N,!Dç,!DS,!*-e@KTM-K7K?e@K?I?1:G b�,YK<ZJ3�1:K?1'DJI?1:9�^I?N0ÏY1:IT/S1'3b�M-IT/á,5DvM+D�='*+USKTM-O@1�K?e@K?I?1]G WmN53(3�1:K?N!*-O0M+DSÏvKTUS=�/·Za3�N5`a*-1]GHK[USKTM+DSÏvIT/�1O0M+3�ITU�,5*�I?N!Z�N!*-N0ÏYeã=]N!DS=:1'ZSI:nV;XN0IT/·IT/S1HO0M+3�ITU�,5*;<ofy�1'Zé1'Da/S,!DS=:1:G�1'DJIV,5D�9·,�K?1]IsN!W�O0M+3�ITU�,5*�N5Z�1'3�,0I?N53�KVKTUJå�='M-1�DJI(I?N�Z�1'3?WRN!3�G IT/S1VG�N@9a1'*�ZJ3�1'omZa3�N@=:1]K?KTM+D�ÏvWmN!3CGH1:KT/JM+D�ÏvbX1'3�19J1:K?='3?M+`�1:9�n�6�/�1sUSK?1(N!W�O0M+3�ITUS,!*�ÏY1:N0G�1:IT3�e�,0I�D@U�G�1'3�N!USK�ZJ/�,YK?1:KsN5W�IT/�1(G�1:KT/aM+DSÏ�ZJ3�N@=:1:K?K7b�,0K�9J1:K?='3?M+`�1]9�n

6�/aM-K7I?1:=?/aDJM-ä0U�1(ZJ3�N!O0M-9J1:K(IT/S1(I?N@N!*-K7I?NH1:,0KTM+*-e�Z�1'3?WmN!3�G�p

æ =:N!3?3�1:=]ITM-N!D·N!W�=]N0GHGHN5DvZa3�N5`a*-1]GHK�WmN5UaDS9�M+Dv*-1:ÏY,0=:e�Ï01:NYGH1:IT3?M-1:K�'æ 1:9\M-ITM+DSÏ�N5W�IT/�1(ÏY1:N0G�1:IT3�e�I?NV`�1GHN!3�1(KTUJM-I?,!`J*-1VWmN53sG�1:KT/aM+DSÏ�'æ 9a1:=]N0GVZ�NYKTM-ITM-N!DÚN5W�IT/�1(ÏY1:N0G�1:IT3�e�I?NHGH,!>r1[M-I�GHN53�1(KTUaM-I?,5`a*-1WmN!371:ß0M-K?ITM+DSÏ�GH1]KT/aM+DSÏ�I?N@N5*-K�'æ 9ae0DS,0GVM-=�,095tTU�K?I?G�1'DJI�N!W�IT/S1(GH1:KT/v`JeH3�1'*-N@=:,YITM+D�Ï�IT/�1(O0M+3�ITUS,!*�I?N5Z�N!*-NYÏ0e0n

)sK�/S,0K�`�1:1'DéKT/�N5b�Dl^�IT/�1(O0M+3�ITUS,!*XÏ01:NYGH1:IT3�e�M-Ks,H`a3�NY,09@*-eã,5ZaZJ*+M-=:,5`a*-1�,!ZJZJ3�N0,0=?/ÚI?NHK?N5*-O0M+D�ÏvIT/S1=�/S,!*+*-1'DSÏ01]KV,YK?K?N@='M-,0I?1:9·b�M-IT/GH1:KT/JM+DSÏ�3�1:,5*}bXN!3?*-9vÏ01]N0GH1:IT3�eYn

6�/�1�I?N@N5*-K<Za3�1]K?1'DJI?1:9HZa3�N5O0M-9J1sKTM-Ï5DaM+ÎS=:,!DJI7,!USI?N0GH,YITM-N!D�N!WlGHN@9J1'*�ZJ3�1'omZJ3�N@=:1:K?KTM+DSÏVWmN!3XGH1:KT/JM+DSÏan�_sN5b�1:OY1'3�W�Ua3�IT/S1'3X,!USI?N0GH,YITM-N!D=:,5Dv`�1(,0=?/aM-1]O01:9�n�_s1'DS=:1(W�UJ3�IT/�1'3�3�1:K?1],!3�=?/vM-K�3�1:ä0UJM+3�1:9�`�NYIT/vM+D·1:ß@I?1'DSKTM-N!Dé,!DS9�3�1'ÎaDS1:GH1�DJIsN!W�IT/S11:ß0M-K?ITM+D�Ï�,!*-ÏYN!3?M-IT/SGHK(,!DS9M+D·IT/S1(9a1:OY1'*-N!ZSGH1'DJI(N5W�N0IT/S1'37,!USI?N0GH,YITM-N!DéI?1:=?/aDJM-ä0U�1]K(,!DS9�I?N@N!*-K:n

� Å��?ÅJÉ:Å Ò Õ@Å@Ë

Ü�i�ÝEsn­ÍVn})�3�GHK?IT3�N!DSÏa^8wn�Ban�y�N!`JM+D�K?N5D}^Xy(n8Lán}Lv=��(1:,0ÏJ^86(nl.�n8|�Mm^�.�n8Banl;<3?M-9JÏ01:I?I:^�y(n8BanlwsN5D�,YÏ!/Je0^XEsn )Vn�Lv='oÍ�*-1:1�D�,5D}^lLv1:9@M-,!*-K(WmN!37Lv1:KT/JM+D�Ïv)�D�9�LvN!3�10n��83�N@=0nSk0IT/éPRDJI?1�3?D�,YITM-N!DS,!*XLv1:KT/aM+DSÏ�y�N5UaDS9aI?,5`a*-1Y^�.\) %sw7g@�¢oQ�@i:Û0jJ^.@,!DS9\M-, %s,YITM-N!DS,!*�|},5`�N!3�,YI?N!3?M-1:K:n )�*+`JUSä0U�1:3�ä0US10^&%s1]bdLv1:ß0M-=:Na^lès=]I?N!`�1'3i]g0g@�@n

Ü+�:Ý(;<*-,Y=�>r1'3�6(n wVn-^5Lv1:e01'3�K�y(n+Ban-^r.\1:,YGHK8,!DS9Hb�1]9aÏY1:KÀM+D�Za*-,YK?I?1'3?M+D�ÏJp�,(Û0w /S1:ß@,5/�1:9@3�,!*lGH1]KT/HÏY1'D�1�3�,0ITM-N!D�,5*-Ï0N!3?M-IT/SG�^x8D�Ï5M+D�1]1'3?M+D�Ïvb�M-IT/·=:NYGVZJU�I?1'3�K:^Sga^li:g0gYÛa^JZaZln àYÛ!ofg0ÛJn

Page 17: 0/121'3547681:9 ;@1'35ACB0,!DFE

Ü Û5Ý(;<*-,Y=�>r1'35^�6(n�wVn-^}6�/S1�E�N@N!Z�1'3�68N@N!*m^À�!IT/ÙPRDJI?1'3?DS,0ITM-N5D�,5*�Lv1:KT/JM+D�Ï·y�N!UJD�9JI?,!`J*-10^�.@) %7w gr�¢oQ�\i]Û0ja^À.\,5D�9@M-, %7,!oITM-N5D�,5*�|},!`�N!3�,0I?N53?M-1:K:^l�ÀM-I?I?KT`JUa3�Ï5/}^�cC.\)^�ès=:I?N5`�1'3i:gYg0�Jn

Ü k5Ý(;<USIT*+M+DÙÍVn�^S.@I?N!ZSK(Esn�^SE�)sw�ws,YI?,�y�1�Z�,5M+35^l�!IT/·P�DJI?1'3?DS,0ITM-N!DS,!*�Lv1]KT/aM+DSÏ�y�N!UJDS9aI?,5`a*-10^­.@) %sw#g@�¢oQ�@i:Û0jJ^�.@,!DS9\M-,%7,0ITM-N!DS,!*�|l,!`�N53�,0I?N53?M-1:K:n}�8M-I?I?KT`JUa3�Ï5/}^�cC.\)^�ès=:I?N5`�1'3i:gYg0�an

Ü+�:Ý(w7,!`J>@1·�Àn-^�~�,!*+*+UJ3�ed�Àn-^�.0/S1'ZaZS,!3�9#.�n�^�c7KTM+D�ÏÚz�1:,YITUa3�1]K�I?NÙ.rUJZaZ�N!3�Ivz}M+DJM-I?1ãx8*-1:GH1'DJIçP¿9J1:,!*+M��],0ITM-N!D�K:^V)C.\LvxE�N0GZaUSI?1'3�K�M+D·x8DSÏ!M+DS1:1'3?M+DSÏ·E�N5DaWQn�^JL�M+DJD�1:,5Z�N!*+M-K5^lL�%V^�.@1'ZSI:n}i]g0g0k

Ü �5Ý(z}M-1'*-9�^�wnJ)Vn-^06�/S1�*-1:ÏY,0=:eHN5W8,5U�I?NYGH,0ITM-=7GH1:KT/�Ï01'DS1'3�,YITM-N!D�W�3�N0G K?N5*+M-9�GHN@9J1'*+M+DSÏa^lE�N0GZaUSI?1'3X)�M-9J1:9vÍs1:NYGH1:IT3?M-=w71:KTM-Ï!Dl^<i¢� u ÞY�'^ %sN5OY1:G[`�1'3i:g0gr�\n

Ü+Þ:ÝÍs1:N53�Ï010^7�8n |�n�^�P¿GVZJ3�N5O01:G�1'DJI?K�N5D�ws1'*-,5UaDS,5e0o¿`S,0K?1]9êIT/a3�1]1'of9\M-GH1�D�KTM-N5D�,5*H,5U�I?NYGH,0ITM-=áG�1:KT/dÏY1'D�1�3�,0I?N!35^7z}M+DJM-I?1x8*-1:GH1'DJI?KsM+Dç)�DS,!*-e@KTM-K(,5D�9vw71:KTM-Ï!Dl^l�0�@^}i:gYg@Þ@n

Ü à5Ý(_7N!*-GH1:K:^rwVn P�n-^YÍs1'D�1�3�,!*+M��:1:9�Lv1:IT/�N@9N!WSws1]=:N0GVZ�N0KTM+DSÏH.@N!*+M-9�Ís1]N0GH1:IT3�esM+DJI?N7_s1:ß@,5/�1]9\3�N5DHz}M+DJM-I?1�xÀ*-1:G�1'DJI?K:^@k0IT/P�DJI?1'3?D�,YITM-N!DS,!*CLv1:KT/aM+DSÏ·y�N5UaDS9JI?,!`J*-10^7.\,5D�9@M-, %s,0ITM-N5D�,5*7|},!`�N!3�,0I?N53?M-1:K:^ )�*+`JU�ä0US1'3�ä@U�10^ %71:b�Lv1:ß0M-=:NJ^�ès=]I?N!`�1'3i]g0g@�@n

Ü g5ÝP�DJI?1'3?D�,YITM-N!DS,!*�è�3�ÏY,!DJM��:,0ITM-N5D�WmN!3F.\I?,5D�9J,!3�9@M��:,0ITM�N!Dl^�PRDJI?1�3?D�,YITM-N!DS,!*².\I?,5D�9J,!3�9�Pf.aè i]j0ÛYj0Û!ofkr�\p-i:g0gYk u xX�'^sz}M+3�K?I1:9@M-ITM-N!Dl^�i:g0gYkan

Ü�i]j!Ý�P�DaM-ITM-,5*7Í�3�,!ZJ/aM-=]KVx�ß@=�/S,!DSÏ01�.0Z�1:='M+ÎS=:,YITM-N!D u PTÍsxX.a�'^l~�1'3�KTM-N!DÙ�\n-i0^�cn+.�n�ws1'ZS,!3�I?G�1'DJI(N!W7E�NYGHGH1'3�=:1Y^�%s,0ITM-N5D�,5*;<UJ3�1:,5U·N!WX.@I?,!DS9a,53�9aK:^l.@1'ZSI?1:G[`�1'3Hi]g0gaiYn

Ü�iYi'Ý�B0N5D�1:K(Lán y(n�^S�À3?M-=]1HLán )n�^J;<USIT*+M+DâÍVn-^�)�USI?N!ofLv1:KT/JM+D�ÏJ^}kYIT/éPRDJI?1'3?DS,0ITM-N5D�,5*�Lv1:KT/JM+D�Ï�y�N!UJD�9JI?,!`J*-10^�.@,!DS9\M-,�%7,!oITM-N5D�,5*�|},!`�N!3�,0I?N53?M-1:K:^l)�*+`JU�ä0US1'3�ä0US10^�%71:bdLv1:ß0M-=:NJ^lès=:I?N!`�1'3i:g0gr�\n

Ü�i¢�¢Ý)�*-,!D·wVn �(,5*-O0M+Dá,5D�9�y�USK?K?1'*+*�_na68,5e0*-N535^}i:gYg0�J^ �?.0UJZ�1'3?Wm,Y=:1:K:p��8N5*-e@Ï0N5D�,5*�Lv1:KT/é.rM-GZa*+M+ÎS=:,0ITM-N0Déb�M-IT/·;�N!UJDS9a1'3x83?3�N!3$��P¿x�x�xdE�N0GVZJUSI?1'3CÍ�3�,!ZJ/aM-=:K(,5D�9v)�ZaZJ*+M-=:,YITM-N!DSK�i]�a^ Ûa^@ZaZln��0k5oQÞ0Þ\n

Ü�i]Û!Ý %7)sz8x�L·.�^�� 1�� � 1�o²PRDJI?1]Ï!3�,0I?1·E�)7w ,!DS9d)�DS,!*-e@KTM-K:^�E�)sw #!z8x×P�DJI?1:Ï!3�,YITM-N!D �ãN53?>@M+D�Ï Í�3�N!UJZ}^ %s)7z8x<L·.z}M+DJM-I?1Hx8*-1:GH1'DJI7Lv1:IT/�N@9JK ��.@I?,!DS9a,53�9aK:^8i]g0gY�an

Ü L��,!DJITM+*��,a^8i]g0àYà!Ý�L��,!DJITM+*��,a^�Lán-^�)�D·P�DJIT3�N@9\US=:ITM-N!DéI?N�.@N!*+M-9·LvN@9a1�*+M+D�ÏJ^8E�N0GZaUSI?1'3C.\=�M-1'D�=]1H�À3�1]K?K:^�Lv,!3�e0*-,5D�9�^8i:gYà0àJnÜ�i]k!Ý�83?M-=:10^SLán@)Vn-^J.@,!`JM+D}^SLána)n�^r)�3�GHK?I?N5D�ÏJ^�EsnJÍVn-^@_71:ß@,!/S1:9@3�,!*lLv1:KT/çÍs1'DS1'3�,0ITM-N5Dv`JeHLv1:9@M-,!*8)7ß0M-K�.0Ua`�9@M-O0M-KTM�N!Dlp

P?n�.@N!*+M-9JK(b�M-IT/FE�N!DJO01]ß�x�9aÏY1:K:^�P�DJI:n�BanJN!W %�U�GH1�3?M-=:,!*­Lv1:IT/�N@9JK�M+D·x8DSÏan-^�~�N!*mn Û0àa^li:gYg@�\nÜ�i¢�¢Ý�.@=�/JDS1'M-9a1�3�K:^�y[n-^J)�USI?N0GH,YITM-=(Ís1'DS1'3�,YITM-N!D·N!W­_s1:ß@,5/�1]9\3�,5*}z}M+DJM-I?1(x8*-1:GH1'DJI�Lv1:KT/S1:K:^�kYIT/çPRDJI?1'3?DS,0ITM-N5D�,5*8Lv1:KT/JM+D�Ï

y�N!UJDS9aI?,5`a*-10^À.\) %swsgr�¢oQ�\i]Û0jJ^�.@,!DS9\M-, %s,0ITM-N5D�,5*�|},5`�N!3�,YI?N!3?M-1:K:^�)�*+`aUSä0U�1�3�ä0U�10^ %s1]bÃLv1:ß0M-=]Na^lès=:I?N5`�1'3i:gYg@�\nÜ�i]�!Ý�.0/�1�2�1'35^@)n�^5;<*-,Y=�>r1'35^@6(n5wVn-^rEX*-1]GH1'DJI?K:^rBan�^5;�1�3�=:N5O0M-1'35^@Lán-^0~�M+3�ITU�,5*�68N5Z�N!*-NYÏ0e�E�N5D�K?IT3?US=:ITM-N5D�,!DS9V)�ZaZJ*+M-=:,YITM-N!DSK:^

6�/S1:N!3�e�,!DS9��83�,0=:ITM-=:1N!WXÍs1]N0GH1:IT3?M-=LvN@9J1'*+M+D�ÏJ^};�*-,!UJ`�,5Ua3�1'D P?P�^S.rZJ3?M+DSÏ01'3~�1'3?*-,0ÏJ^}i]g0g0�JnÜ�i¢Þ¢Ý�.0/�1�2�1'35^�)Vn-^�;�*-,0=?>@1'35^�6(n8wn�^X;�1'3�=:N5O0M-1'35^�Lán-^�E<*+USK?I?1'3?M+D�ÏJp·)�USI?N0GH,YI?1:9Øw71:I?,!M+*[.rUJZaZJ3�1:K?KTM-N5Dêc7KTM+D�Ïá~�M+3�ITU�,5*

68N5Z�N!*-NYÏ0e0^lB0N5M+DJIs)(.@Lvx #!)(.JE�x #Y.\xX.v.0U�GHG�1'3(Lv1:1]ITM+D�ÏJnlB!UaDS1Hi:gYg@Þ\nÜ�i]à!Ý�.0/�1]1'/Jeãwn+Ban-^�)�3�GHK?IT3�N!DSÏ�Esn+ÍVn-^�y�N!`JM+D�K?N5DÚwVn Ban�^�E�N0GVZJU�ITM+DSÏvIT/S1VGH1]9\M-,5*�KTUJ3?Wm,0=]1VN5W�,�K?N!*+M-9·W�3�N0G ,�9aNYGH,!M+D

w71'*-,!UJD�1]eãIT3?M-,5D�Ï5Ua*-,YITM-N!D8^8)7E�L .\e@GZ�N0KTM+USG N!Dé.@N!*+M-9éLvN@9a1'*+M+DSÏvz�N5UaDS9a,YITM-N!DSKV,5D�9v)�ZaZJ*+M-=:,YITM-N!DSK:^8csI?,5/}^�ZJZ}n�5jai'oQ�@i5�\^8i]g0gr�\n

Ü�i]g!Ý�.@GVM-IT/l^(y(n�Ban-^�|}1]K?=�/��'M+DS1'35^(Lán-^�)Vn-^�) %7N!OY1'*E�,53�I?1:KTM-,!D±Í�3?M-9dLv1:IT/SN@9ØWmN!3çE�N0GVZJ*-1:ßd)71'3�N@9ae0DS,0GM-=ÚE�z8w)�ZaZJ*+M-=:,0ITM-N5D�K:^­�!IT/çPRDJI?1'3?DS,0ITM-N5D�,5*XE�N!DJWm1'3�1'DS=:1(N!D %�U�GH1�3?M-=:,!*ÀÍ�3?M-9vÍs1'DS1'3�,0ITM-N5DvM+DéE�N0GVZJU�I?,YITM-N!DS,!*­z}M-1'*-9·.rM-GoUJ*-,0ITM-N5D�K:^lx<9v;7n �Hn�.\N5DaMm^lBanJz�nJ6�/�NYGVZSK?N!Dl^lBana_7,!USK?1'35^��8nSxÀM-K?1:G�,!Dl^�L�M-K?KTM-K?KTM+ZaZJM7.@I?,0I?1(c�DJM-O01�3�KTM-ITe0^8i]g0g0�Jn

Ü+�5j!Ý68,5U�I?ÏY1:K:^�6(nJBan-^@;<*-,Y=�>r1'35^�6(n@wn�^JL�M-I?=?/�1'*+*m^l.�nJ)Vn-^@6�/�1 � /JM-KT>@1'3 �ã1],!O0M+DSÏ�)�*-ÏYN!3?M-IT/SG�p�)#E�N!DJD�1:=]ITM-O0M-ITe0of;�,0K?1]9Lv1:IT/SN@9�WmN537E�N!DSK?IT3?U�=:ITM+DSÏ�)�*+*+of_s1]ß@,!/S1:9\3�,5*�z}M+DaM-I?1x8*-1:GH1'DJI�Lv1:KT/S1:K:^�P�DJI:nSBan@N!W %�USGH1'3?M-=:,5*8Lv1:IT/SN@9aK�M+Dvx8D�ÏJn�^~�N!*mn Û0g�%sN�i:ga^�i]g0g0�Jn