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Atlas Copco

www.atlascopco.com

Date Printed .................... 11/01/2007

Instruction Book

ES 130 - 130 V - 130 T

Copyright Notice

Any unauthorized use or copying of the contents or any part thereof is

prohibited.

This applies in particular to trademarks, model denominations, part numbersand drawings.

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6CDNGQHEQPVGPVU

5CHGV[RTGECWVKQPU

5#('6;+%105

5#('6;24'%#76+105&74+0)+056#..#6+10

5#('6;24'%#76+105&74+0)12'4#6+10

5#('6;24'%#76+105&74+0)/#+06'0#0%'144'2#+4

)GPGTCNFGUETKRVKQP

+0641&7%6+10

('#674'5

/'#574'/'065

24'5574'4')7.#6+10

24'5574'4')7.#6+10/1&'

24'5574'4')7.#6+10611.5

5;56'/24'5574'5'6525%10641.

+PUVCNNCVKQP

&+/'05+10&4#9+0)

/1706+0)+05647%6+105

1RGTCVKPIKPUVTWEVKQPU

24'2#4#6+10(14+0+6+#.56#4672

%10641./1&'$766105

24'2#4+0)%1/24'5514561$'+06')4#6'&+0616*''55;56'/

+06')4#6+0)%1/24'55145+0616*''55;56'/

+51.#6+0)%1/24'55145(41/6*''55;56'/

7UGTKPVGTHCEG

/#+05%4''0

241)4#//+0)5;56'/24'5574'5'65255'66+0)5

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#761/#6+%(70%6+105

52#4'%#2#%+6;

(14%'&5'37'0%'

'37#.9'#4

)4172/#0#)'/'06

%1/24'5514+0(14/#6+105%4''0

%*#0)+0)6*'24'5574'4')7.#6+10/'6*1&

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+PUVTWEVKQPOCPWCN

5CHGV[RTGECWVKQPU

5CHGV[KEQPU

'ZRNCPCVKQP

5CHGV[RTGECWVKQPUFWTKPIKPUVCNNCVKQP

)GPGTCNRTGECWVKQPU

6JGQRGTCVQTOWUVGORNQ[UCHGYQTMKPIRTCEVKEGUCPFQDUGTXGCNNTGNCVGFNQECNYQTMUCHGV[

TGSWKTGOGPVUCPFTGIWNCVKQPU

+HCP[QHVJGHQNNQYKPIUVCVGOGPVUFQGUPQVEQORN[YKVJNQECNNGIKUNCVKQPVJGUVTKEVGTQHVJGVYQ

UJCNNCRRN[

+PUVCNNCVKQPQRGTCVKQPOCKPVGPCPEGCPFTGRCKTYQTMOWUVQPN[DGRGTHQTOGFD[CWVJQTKUGFVTCKPGF

URGEKCNKUGFRGTUQPPGN

6JGEQORTGUUQTKUPQVEQPUKFGTGFECRCDNGQHRTQFWEKPICKTQHDTGCVJKPISWCNKV[(QTCKTQHDTGCVJKPI

SWCNKV[VJGEQORTGUUGFCKTOWUVDGCFGSWCVGN[RWTKHKGFCEEQTFKPIVQNQECNNGIKUNCVKQPCPFUVCPFCTFU

$GHQTGCP[OCKPVGPCPEGTGRCKTYQTMCFLWUVOGPVQTCP[QVJGTPQPTQWVKPGEJGEMUUVQRVJG

EQORTGUUQTRTGUUVJGGOGTIGPE[UVQRDWVVQPUYKVEJQHHVJGXQNVCIGCPFFGRTGUUWTKUGVJG

EQORTGUUQT+PCFFKVKQPVJGRQYGTKUQNCVKPIUYKVEJOWUVDGQRGPGFCPFNQEMGF

0GXGTRNC[YKVJEQORTGUUGFCKT&QPQVCRRN[VJGCKTVQ[QWTUMKPQTFKTGEVCPCKTUVTGCOCVRGQRNG

0GXGTWUGVJGCKTVQENGCPFKTVHTQO[QWTENQVJGU9JGPWUKPIVJGCKTVQENGCPGSWKROGPVFQUQYKVJ

GZVTGOGECWVKQPCPFYGCTG[GRTQVGEVKQP

&CPIGTHQTNKHG

9CTPKPI

+ORQTVCPVPQVG

#NNTGURQPUKDKNKV[HQTCP[FCOCIGQTKPLWT[TGUWNVKPIHTQOPGINGEVKPIVJGUG

RTGECWVKQPUQTPQPQDUGTXCPEGQHVJGPQTOCNECWVKQPCPFECTGTGSWKTGFHQT

KPUVCNNCVKQPQRGTCVKQPOCKPVGPCPEGCPFTGRCKTGXGPKHPQVGZRTGUUN[

UVCVGFYKNNDGFKUENCKOGFD[VJGOCPWHCEVWTGT

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+PUVTWEVKQPOCPWCN

2TGECWVKQPUFWTKPIKPUVCNNCVKQP

6JGOCEJKPGOWUVQPN[DGNKHVGFWUKPIUWKVCDNGGSWKROGPVKPCEEQTFCPEGYKVJNQECNUCHGV[

TGIWNCVKQPU.QQUGQTRKXQVKPIRCTVUOWUVDGUGEWTGN[HCUVGPGFDGHQTGNKHVKPI+VKUUVTKEVN[HQTDKFFGP

VQFYGNNQTUVC[KPVJGTKUM\QPGWPFGTCNKHVGFNQCF.KHVKPICEEGNGTCVKQPCPFFGEGNGTCVKQPOWUVDG

MGRVYKVJKPUCHGNKOKVU9GCTCUCHGV[JGNOGVYJGPYQTMKPIKPVJGCTGCQHQXGTJGCFQTNKHVKPI

GSWKROGPV

2NCEGVJGOCEJKPGYJGTGVJGCODKGPVCKTKUCUEQQNCPFENGCPCURQUUKDNG+HPGEGUUCT[KPUVCNNC

UWEVKQPFWEV0GXGTQDUVTWEVVJGCKTKPNGV%CTGOWUVDGVCMGPVQOKPKOKUGVJGGPVT[QHOQKUVWTGCV

VJGKPNGVCKT

#P[DNCPMKPIHNCPIGURNWIUECRUCPFFGUKEECPVDCIUOWUVDGTGOQXGFDGHQTGEQPPGEVKPIVJG

RKRGU

#KTJQUGUOWUVDGQHEQTTGEVUK\GCPFUWKVCDNGHQTVJGYQTMKPIRTGUUWTG0GXGTWUGHTC[GFFCOCIGF

QTYQTPJQUGU&KUVTKDWVKQPRKRGUCPFEQPPGEVKQPUOWUVDGQHVJGEQTTGEVUK\GCPFUWKVCDNGHQTVJG

YQTMKPIRTGUUWTG

6JGCURKTCVGFCKTOWUVDGHTGGQHHNCOOCDNGHWOGUXCRQWTUCPFRCTVKENGUGIRCKPVUQNXGPVUVJCV

ECPNGCFVQKPVGTPCNHKTGQTGZRNQUKQP

#TTCPIGVJGCKTKPVCMGUQVJCVNQQUGENQVJKPIYQTPD[RGQRNGECPPQVDGUWEMGFKP

'PUWTGVJCVVJGFKUEJCTIGRKRGHTQOVJGEQORTGUUQTVQVJGCHVGTEQQNGTQTCKTPGVKUHTGGVQGZRCPF

WPFGTJGCVCPFVJCVKVKUPQVKPEQPVCEVYKVJQTENQUGVQHNCOOCDNGOCVGTKCNU

0QGZVGTPCNHQTEGOC[DGGZGTVGFQPVJGCKTQWVNGVXCNXGVJGEQPPGEVGFRKRGOWUVDGHTGGQHUVTCKP

+HTGOQVGEQPVTQNKUKPUVCNNGFVJGOCEJKPGOWUVDGCTCENGCTUKIPUVCVKPI)'46JKUOCEJKPGKU

TGOQVGN[EQPVTQNNGFCPFOC[UVCTVYKVJQWVYCTPKPI

6JGQRGTCVQTJCUVQOCMGUWTGVJCVVJGOCEJKPGKUUVQRRGFCPFVJCVVJGKUQNCVKPIUYKVEJKUQRGP

CPFNQEMGFDGHQTGCP[OCKPVGPCPEGQTTGRCKT#UCHWTVJGTUCHGIWCTFRGTUQPUUYKVEJKPIQP

TGOQVGN[EQPVTQNNGFOCEJKPGUUJCNNVCMGCFGSWCVGRTGECWVKQPUVQGPUWTGVJCVVJGTGKUPQQPG

EJGEMKPIQTYQTMKPIQPVJGOCEJKPG6QVJKUGPFCUWKVCDNGPQVKEGUJCNNDGCHHKZGFVQVJGUVCTVGSWKROGPV

#KTEQQNGFOCEJKPGUOWUVDGKPUVCNNGFKPUWEJCYC[VJCVCPCFGSWCVGHNQYQHEQQNKPICKTKU

CXCKNCDNGCPFVJCVVJGGZJCWUVGFCKTFQGUPQVTGEKTEWNCVGVQVJGEQORTGUUQTCKTKPNGVQTEQQNKPICKT

KPNGV

6JGGNGEVTKECNEQPPGEVKQPUOWUVEQTTGURQPFVQVJGNQECNEQFGU6JGOCEJKPGUOWUVDGGCTVJGFCPF

RTQVGEVGFCICKPUVUJQTVEKTEWKVUD[HWUGUKPCNNRJCUGU#NQEMCDNGRQYGTKUQNCVKPIUYKVEJOWUVDG

KPUVCNNGFPGCTVJGEQORTGUUQT

1POCEJKPGUYKVJCWVQOCVKEUVCTVUVQRU[UVGOQTKHVJGCWVQOCVKETGUVCTVHWPEVKQPCHVGTXQNVCIG

HCKNWTGKUCEVKXCVGFCUKIPUVCVKPI6JKUOCEJKPGOC[UVCTVYKVJQWVYCTPKPIOWUVDGCHHKZGFPGCT

VJGKPUVTWOGPVRCPGN

+POWNVKRNGEQORTGUUQTU[UVGOUOCPWCNXCNXGUOWUVDGKPUVCNNGFVQKUQNCVGGCEJEQORTGUUQT0QP

TGVWTPXCNXGUEJGEMXCNXGUOWUVPQVDGTGNKGFWRQPHQTKUQNCVKPIRTGUUWTGU[UVGOU

0GXGTTGOQXGQTVCORGTYKVJVJGUCHGV[FGXKEGUIWCTFUQTKPUWNCVKQPHKVVGFQPVJGOCEJKPG'XGT[

RTGUUWTGXGUUGNQTCWZKNKCT[KPUVCNNGFQWVUKFGVJGOCEJKPGVQEQPVCKPCKTCDQXGCVOQURJGTKERTGUUWTG

OWUVDGRTQVGEVGFD[CRTGUUWTGTGNKGXKPIFGXKEGQTFGXKEGUCUTGSWKTGF

2KRGYQTMQTQVJGTRCTVUYKVJCVGORGTCVWTGKPGZEGUUQHu%u(CPFYJKEJOC[DG

CEEKFGPVCNN[VQWEJGFD[RGTUQPPGNKPPQTOCNQRGTCVKQPOWUVDGIWCTFGFQTKPUWNCVGF1VJGTJKIJ

VGORGTCVWTGRKRGYQTMOWUVDGENGCTN[OCTMGF

(QTYCVGTEQQNGFOCEJKPGUVJGEQQNKPIYCVGTU[UVGOKPUVCNNGFQWVUKFGVJGOCEJKPGJCUVQDG

RTQVGEVGFD[CUCHGV[FGXKEGYKVJUGVRTGUUWTGCEEQTFKPIVQVJGOCZKOWOEQQNKPIYCVGTKPNGV

RTGUUWTG

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+PUVTWEVKQPOCPWCN

+HVJGITQWPFKUPQVNGXGNQTECPDGUWDLGEVVQXCTKCDNGKPENKPCVKQPEQPUWNVVJGOCPWHCEVWTGT

5CHGV[RTGECWVKQPUFWTKPIQRGTCVKQP

)GPGTCNRTGECWVKQPU



+HCP[QHVJGHQNNQYKPIUVCVGOGPVUFQGUPQVEQORN[YKVJNQECNNGIKUNCVKQPVJGUVTKEVGTQHVJGVYQUJCNNCRRN[



6JGEQORTGUUQTKUPQVEQPUKFGTGFECRCDNGQHRTQFWEKPICKTQHDTGCVJKPISWCNKV[(QTCKTQHDTGCVJKPI

SWCNKV[VJGEQORTGUUGFCKTOWUVDGCFGSWCVGN[RWTKHKGFCEEQTFKPIVQNQECNNGIKUNCVKQPCPF

UVCPFCTFU







2TGECWVKQPUFWTKPIQRGTCVKQP

7UGQPN[VJGEQTTGEVV[RGCPFUK\GQHJQUGGPFHKVVKPIUCPFEQPPGEVKQPU9JGPDNQYKPIVJTQWIJC

JQUGQTCKTNKPGGPUWTGVJCVVJGQRGPGPFKUJGNFUGEWTGN[#HTGGGPFYKNNYJKRCPFOC[ECWUG

KPLWT[/CMGUWTGVJCVCJQUGKUHWNN[FGRTGUUWTK\GFDGHQTGFKUEQPPGEVKPIKV

2GTUQPUUYKVEJKPIQPTGOQVGN[EQPVTQNNGFOCEJKPGUUJCNNVCMGCFGSWCVGRTGECWVKQPUVQGPUWTGVJCV

VJGTGKUPQQPGEJGEMKPIQTYQTMKPIQPVJGOCEJKPG6QVJKUGPFCUWKVCDNGPQVKEGUJCNNDGCHHKZGF

VQVJGTGOQVGUVCTVGSWKROGPV

0GXGTQRGTCVGVJGOCEJKPGYJGPVJGTGKUCRQUUKDKNKV[QHVCMKPIKPHNCOOCDNGQTVQZKEHWOGUXCRQWTUQTRCTVKENGU

#NUQEQPUWNVHQNNQYKPIUCHGV[RTGECWVKQPU5CHGV[RTGECWVKQPUFWTKPIQRGTCVKQPCPF5CHGV[RTGECWVKQPUFWTKPIOCKPVGPCPEG

6JGUGRTGECWVKQPUCRRN[VQOCEJKPGT[RTQEGUUKPIQTEQPUWOKPICKTQTKPGTVICU

2TQEGUUKPIQHCP[QVJGTICUTGSWKTGUCFFKVKQPCNUCHGV[RTGECWVKQPUV[RKECNVQVJG

CRRNKECVKQPYJKEJCTGPQVKPENWFGFJGTGKP

5QOGRTGECWVKQPUCTGIGPGTCNCPFEQXGTUGXGTCNOCEJKPGV[RGUCPFGSWKROGPVJGPEG

UQOGUVCVGOGPVUOC[PQVCRRN[VQ[QWTOCEJKPG





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+PUVTWEVKQPOCPWCN

0GXGTQRGTCVGVJGOCEJKPGDGNQYQTKPGZEGUUQHKVUNKOKVTCVKPIU

-GGRCNNDQF[YQTMFQQTUUJWVFWTKPIQRGTCVKQP6JGFQQTUOC[DGQRGPGFHQTUJQTVRGTKQFUQPN[

GIVQECTT[QWVTQWVKPGEJGEMU9GCTGCTRTQVGEVQTUYJGPQRGPKPICFQQT

2GQRNGUVC[KPIKPGPXKTQPOGPVUQTTQQOUYJGTGVJGUQWPFRTGUUWTGNGXGNTGCEJGUQTGZEGGFU

F$#UJCNNYGCTGCTRTQVGEVQTU

2GTKQFKECNN[EJGEMVJCV

#NNIWCTFUCTGKPRNCEGCPFUGEWTGN[HCUVGPGF

#NNJQUGUCPFQTRKRGUKPUKFGVJGOCEJKPGCTGKPIQQFEQPFKVKQPUGEWTGCPFPQVTWDDKPI

6JGTGCTGPQNGCMU

#NNHCUVGPGTUCTGVKIJV

#NNGNGEVTKECNNGCFUCTGUGEWTGCPFKPIQQFQTFGT

5CHGV[XCNXGUCPFQVJGTRTGUUWTGTGNKGHFGXKEGUCTGPQVQDUVTWEVGFD[FKTVQTRCKPV

#KTQWVNGVXCNXGCPFCKTPGVKGRKRGUEQWRNKPIUOCPKHQNFUXCNXGUJQUGUGVECTGKPIQQFTGRCKTHTGGQHYGCTQTCDWUG

+HYCTOEQQNKPICKTHTQOEQORTGUUQTUKUWUGFKPCKTJGCVKPIU[UVGOUGIVQYCTOWRCYQTMTQQO

VCMGRTGECWVKQPUCICKPUVCKTRQNNWVKQPCPFRQUUKDNGEQPVCOKPCVKQPQHVJGDTGCVJKPICKT

&QPQVTGOQXGCP[QHQTVCORGTYKVJVJGUQWPFFCORKPIOCVGTKCN

0GXGTTGOQXGQTVCORGTYKVJVJGUCHGV[FGXKEGUIWCTFUQTKPUWNCVKQPUHKVVGFQPVJGOCEJKPG'XGT[

RTGUUWTGXGUUGNQTCWZKNKCT[KPUVCNNGFQWVUKFGVJGOCEJKPGVQEQPVCKPCKTCDQXGCVOQURJGTKERTGUUWTG

UJCNNDGRTQVGEVGFD[CRTGUUWTGTGNKGXKPIFGXKEGQTFGXKEGUCUTGSWKTGF

5CHGV[RTGECWVKQPUFWTKPIOCKPVGPCPEGQTTGRCKT

)GPGTCNRTGECWVKQPU



#NUQEQPUWNVHQNNQYKPIUCHGV[RTGECWVKQPU5CHGV[RTGECWVKQPUFWTKPIKPUVCNNCVKQPCPF

5CHGV[RTGECWVKQPUFWTKPIOCKPVGPCPEG

6JGUGRTGECWVKQPUCRRN[VQOCEJKPGT[RTQEGUUKPIQTEQPUWOKPICKTQTKPGTVICU

2TQEGUUKPIQHCP[QVJGTICUTGSWKTGUCFFKVKQPCNUCHGV[RTGECWVKQPUV[RKECNVQVJG








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+PUVTWEVKQPOCPWCN

+HCP[QHVJGHQNNQYKPIUVCVGOGPVUFQGUPQVEQORN[YKVJNQECNNGIKUNCVKQPVJGUVTKEVGTQHVJGVYQ

UJCNNCRRN[



6JGEQORTGUUQTKUPQVEQPUKFGTGFECRCDNGQHRTQFWEKPICKTQHDTGCVJKPISWCNKV[(QTCKTQHDTGCVJKPISWCNKV[VJGEQORTGUUGFCKTOWUVDGCFGSWCVGN[RWTKHKGFCEEQTFKPIVQNQECNNGIKUNCVKQPCPF

UVCPFCTFU







2TGECWVKQPUFWTKPIOCKPVGPCPEGQTTGRCKT

#NYC[UYGCTUCHGV[INCUUGU

7UGQPN[VJGEQTTGEVVQQNUHQTOCKPVGPCPEGCPFTGRCKTYQTM

7UGQPN[IGPWKPGURCTGRCTVU

#NNOCKPVGPCPEGYQTMUJCNNQPN[DGWPFGTVCMGPYJGPVJGOCEJKPGJCUEQQNGFFQYP

#YCTPKPIUKIPDGCTKPICNGIGPFUWEJCUYQTMKPRTQITGUUFQPQVUVCTVUJCNNDGCVVCEJGFVQVJG

UVCTVKPIGSWKROGPV

2GTUQPUUYKVEJKPIQPTGOQVGN[EQPVTQNNGFOCEJKPGUUJCNNVCMGCFGSWCVGRTGECWVKQPUVQGPUWTGVJCV

VJGTGKUPQQPGEJGEMKPIQTYQTMKPIQPVJGOCEJKPG6QVJKUGPFCUWKVCDNGPQVKEGUJCNNDGCHHKZGF

VQVJGTGOQVGUVCTVGSWKROGPV

%NQUGVJGEQORTGUUQTCKTQWVNGVXCNXGDGHQTGEQPPGEVKPIQTFKUEQPPGEVKPICRKRG

$GHQTGTGOQXKPICP[RTGUUWTK\GFEQORQPGPVGHHGEVKXGN[KUQNCVGVJGOCEJKPGHTQOCNNUQWTEGUQH

RTGUUWTGCPFTGNKGXGVJGGPVKTGU[UVGOQHRTGUUWTG

0GXGTWUGHNCOOCDNGUQNXGPVUQTECTDQPVGVTCEJNQTKFGHQTENGCPKPIRCTVU6CMGUCHGV[RTGECWVKQPU

CICKPUVVQZKEXCRQWTUQHENGCPKPINKSWKFU

5ETWRWNQWUN[QDUGTXGENGCPNKPGUUFWTKPIOCKPVGPCPEGCPFTGRCKT-GGRFKTVCYC[D[EQXGTKPIVJG

RCTVUCPFGZRQUGFQRGPKPIUYKVJCENGCPENQVJRCRGTQTVCRG

0GXGTYGNFQTRGTHQTOCP[QRGTCVKQPKPXQNXKPIJGCVPGCTVJGQKNU[UVGO1KNVCPMUOWUVDG

EQORNGVGN[RWTIGFGID[UVGCOENGCPKPIDGHQTGECTT[KPIQWVUWEJQRGTCVKQPU0GXGTYGNFQPQT

KPCP[YC[OQFKH[RTGUUWTGXGUUGNU

9JGPGXGTVJGTGKUCPKPFKECVKQPQTCP[UWURKEKQPVJCVCPKPVGTPCNRCTVQHCOCEJKPGKUQXGTJGCVGF

VJGOCEJKPGUJCNNDGUVQRRGFDWVPQKPURGEVKQPEQXGTUUJCNNDGQRGPGFDGHQTGUWHHKEKGPVEQQNKPI

VKOGJCUGNCRUGFVJKUVQCXQKFVJGTKUMQHURQPVCPGQWUKIPKVKQPQHVJGQKNXCRQWTYJGPCKTKU

CFOKVVGF

0GXGTWUGCNKIJVUQWTEGYKVJQRGPHNCOGHQTKPURGEVKPIVJGKPVGTKQTQHCOCEJKPGRTGUUWTGXGUUGN

GVE

/CMGUWTGVJCVPQVQQNUNQQUGRCTVUQTTCIUCTGNGHVKPQTQPVJGOCEJKPG

#NNTGIWNCVKPICPFUCHGV[FGXKEGUUJCNNDGOCKPVCKPGFYKVJFWGECTGVQGPUWTGVJCVVJG[HWPEVKQP

RTQRGTN[6JG[OC[PQVDGRWVQWVQHCEVKQP

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+PUVTWEVKQPOCPWCN

$GHQTGENGCTKPIVJGOCEJKPGHQTWUGCHVGTOCKPVGPCPEGQTQXGTJCWNEJGEMVJCVQRGTCVKPIRTGUUWTGU

VGORGTCVWTGUCPFVKOGUGVVKPIUCTGEQTTGEV%JGEMVJCVCNNEQPVTQNCPFUJWVFQYPFGXKEGUCTGHKVVGF

CPFVJCVVJG[HWPEVKQPEQTTGEVN[+HTGOQXGFEJGEMVJCVVJGEQWRNKPIIWCTFQHVJGEQORTGUUQTFTKXG

UJCHVJCUDGGPTGKPUVCNNGF

'XGT[VKOGVJGUGRCTCVQTGNGOGPVKUTGPGYGFGZCOKPGVJGFKUEJCTIGRKRGCPFVJGKPUKFGQHVJGQKN

UGRCTCVQTXGUUGNHQTECTDQPFGRQUKVUKHGZEGUUKXGVJGFGRQUKVUUJQWNFDGTGOQXGF

2TQVGEVVJGOQVQTCKTHKNVGTGNGEVTKECNCPFTGIWNCVKPIEQORQPGPVUGVEVQRTGXGPVOQKUVWTGHTQO

GPVGTKPIVJGOGIYJGPUVGCOENGCPKPI

/CMGUWTGVJCVCNNUQWPFFCORKPIOCVGTKCNGIQPVJGDQF[YQTMCPFKPVJGCKTKPNGVCPFQWVNGV

U[UVGOUQHVJGEQORTGUUQTKUKPIQQFEQPFKVKQP+HFCOCIGFTGRNCEGKVD[IGPWKPGOCVGTKCNHTQO

VJGOCPWHCEVWTGTVQRTGXGPVVJGUQWPFRTGUUWTGNGXGNHTQOKPETGCUKPI

0GXGTWUGECWUVKEUQNXGPVUYJKEJECPFCOCIGOCVGTKCNUQHVJGCKTPGVGIRQN[ECTDQPCVGDQYNU

6JGHQNNQYKPIUCHGV[RTGECWVKQPUCTGUVTGUUGFYJGPJCPFNKPITGHTKIGTCPV

0GXGTKPJCNGTGHTKIGTCPVXCRQWTU%JGEMVJCVVJGYQTMKPICTGCKUCFGSWCVGN[XGPVKNCVGFKH

TGSWKTGFWUGDTGCVJKPIRTQVGEVKQP #NYC[UYGCTURGEKCNINQXGU+PECUGQHTGHTKIGTCPVEQPVCEVYKVJVJGUMKPTKPUGVJGUMKPYKVJ

YCVGT+HNKSWKFTGHTKIGTCPVEQPVCEVUVJGUMKPVJTQWIJENQVJKPIPGXGTVGCTQHHQTTGOQXGVJGNCVVGT

HNWUJCDWPFCPVN[YKVJHTGUJYCVGTQXGTVJGENQVJKPIWPVKNCNNTGHTKIGTCPVKUHNWUJGFCYC[VJGP

UGGMOGFKECNHKTUVCKF

2TQVGEVJCPFUVQCXQKFKPLWT[HTQOJQVOCEJKPGRCTVUGIFWTKPIFTCKPKPIQHQKN

#NUQEQPUWNVHQNNQYKPIUCHGV[RTGECWVKQPU5CHGV[RTGECWVKQPUFWTKPIKPUVCNNCVKQPCPF

5CHGV[RTGECWVKQPUFWTKPIQRGTCVKQP

6JGUGRTGECWVKQPUCRRN[VQOCEJKPGT[RTQEGUUKPIQTEQPUWOKPICKTQTKPGTVICU2TQEGUUKPIQHCP[QVJGTICUTGSWKTGUCFFKVKQPCNUCHGV[RTGECWVKQPUV[RKECNVQVJG




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+PUVTWEVKQPOCPWCN

)GPGTCNFGUETKRVKQP

+PVTQFWEVKQP

)GPGTCNXKGY

)GPGTCNXKGYQHVJG'5%GPVTCNEQPVTQNU[UVGO

(WPEVKQP

6QFC[EWUVQOGTUYCPVOQTGVJCPLWUVRGCEGQHOKPF6JG[YCPVVQEQPVKPWQWUN[TGFWEGVJGKT

RTQFWEVKQPEQUVUYKVJQWVLGQRCTFK\KPIVJGCXCKNCDKNKV[QHEQORTGUUGFCKT

/QTGQXGTGPXKTQPOGPVCNCYCTGPGUUECNNUWRQPKPFWUVTKCNHCEKNKVKGUVQNKOKV%1GOKUUKQPU-[QVQD[

TGFWEKPIVJGKTGPGTI[EQPUWORVKQP%QORTGUUQTUYKVJVJGKTUKIPKHKECPVRQYGTPGGFUCTGCPKORQTVCPV

CTGCHQTKORTQXGOGPV

6JG#VNCU%QREQ'5EGPVTCNEQPVTQNNGTKUVJGRGTHGEVUQNWVKQPVQOGGVVJGUGPGGFUD[

KORTQXKPIVJGGHHKEKGPE[QHVJGEQORNGVGEQORTGUUGFCKTU[UVGO

TGFWEKPIVJGCKTU[UVGO

TGFWEKPIVJGNKHGE[ENGEQUVVQVJGCDUQNWVGOKPKOWO

OGGVKPIUVTKPIGPVGPXKTQPOGPVNGIKUNCVKQP

&GUETKRVKQP

+PFGRGPFGPVQHVJGHWPEVKQPEQPVTQNCPFQTOQPKVQTKPIQHVJGRTQFWEVVJGKPUVCNNCVKQPUGVWRYKNNTGOCKP

VJGUCOG6JGEQTGQHVJGKPUVCNNCVKQPKUC9KPFQYU%'DCUGF'5FGXKEG6JKUFGXKEGYKNNTGVTKGXG

CPFRTQEGUUKPHQTOCVKQPEQOKPIHTQOVJGEQORTGUUQTUQTFT[GTU6JG'5FGXKEGECPQPN[TGEGKXG

KPHQTOCVKQPKHVJGWPKVEQORTGUUQTQTFT[GTKUEQPPGEVGFVQVJG'5FGXKEGXKCC%#0PGVYQTM

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6GZVQPHKIWTG

6JGRTQEGUUKPVJG'5FGXKEGFGRGPFUQPVJGRTQFWEVOQPKVQTKPICPFQTEQPVTQN+PECUGVJGEQPVTQNHGCVWTGKUCXCKNCDNGWRNQCFKPICPFFQYPNQCFKPIEQORTGUUQTUYKNNEQPVTQNVJGPGVRTGUUWTG

+PECUGQHOQPKVQTKPICPKPVGTPGVEQPPGEVKQPKUTGSWKTGF6JGOQPKVQTGFKPHQTOCVKQPKUUGPVQXGTCP

KPVGTPGVEQPPGEVKQPVQVJG#VNCU%QREQ#KTRQYGTUGTXGTCPFUVQTGFKPVJGEGPVTCNFCVCYCTGJQWUG

#EEGUUVQVJGKPVGTPGVGICPCNQIWGNKPG+5&0NKPG)5/)245NKPG#&5.+PVGTPGVRTQXKFGTKUVJG

TGURQPUKDKNKV[QHVJGEWUVQOGT(QTOQPKVQTKPIVJGUKVGRKEVWTGDGNQYCWUGTCPFUKVGOWUVDGETGCVGF

'5&GXKEG

0GVYQTM

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6YQRTGUUWTGVTCPUOKVVGTUCTGTGSWKTGF#HNQYOGVGTFGYRQKPVOGVGTGVECTGQRVKQPCN+HCRTGUUWTG

VTCPUOKVVGTHCKNUVJGU[UVGOIGPGTCVGUCYCTPKPIDWVECPEQPVKPWGTGIWNCVKPI+HVJGFGXKCVKQPDGVYGGP

VJGVYQKUVQQNCTIGVJG'5U[UVGOYKNNIGPGTCVGCUJWVFQYP

%QORTGUUQTUOWUVDGEQPPGEVGFYKVJVJG'5FGXKEGD[OGCPUQHC%#0PGVYQTM6JG'5KUCDNGVQ

TGEGKXGFCVCCPFUGPFEQOOCPFUVQVJGEQORTGUUQTU

6JG'5YKNNTGIWNCVGVJGPGVRTGUUWTGYKVJKPCUGNGEVCDNGCPFEJCPIGCDNGRTGUUWTGDCPF2TGUUWTG

TGIWNCVKQPKUFQPGCRRN[KPIFKHHGTGPVTGIWNCVKQPTWNGU6JGUGFKHHGTGPVRTGUUWTGTGIWNCVKQPOQFGUCTG

1RVKOK\GF'PGTI[5CXKPI

(QTEGF5GSWGPEG

'SWCN9GCT

)TQWR/CPCIGOGPV

5GGUGEVKQP2TGUUWTGTGIWNCVKQPOQFGUHQTCFGVCKNGFFGUETKRVKQP

6JG'5KUCXCKNCDNGKPVJTGGXGTUKQPU

'5%QPVTQNQH.QCF0Q.QCFEQORTGUUQTU

'58%QPVTQNQH.QCF0Q.QCFCPF85&EQORTGUUQTU

'56%QPVTQNQH.QCF0Q.QCF85&CPF6WTDQEQORTGUUQTU

#VQVCNPWODGTQHVJKTV[EQORTGUUQTUECPDGEQPVTQNNGFD[VJGCNIQTKVJO6JGTGUVTKEVKQPEQOGUHTQOVJG

%#0PGVYQTMYJKEJKUNKOKVGFVQOCZKOWOPQFGU1PGPQFGKUWUGFD[VJG'5FGXKEGCPFCPQVJGT

HQTRTQITCOOKPIPQFGU6JWUPQFGUCTGNGHVHQTEQORTGUUQTUCPFFT[GTU

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(GCVWTGU

525/CPCIGOGPV

5[UVGO2TGUUWTG5GVRQKPV525OCPCIGOGPVKUCEQNNGEVKQPQHRTGUUWTGUGVRQKPVUCPFVQQNU+VRTQXKFGU

VJGTGIWNCVKQPU[UVGOYKVJVJGEQTTGEVFCVCVQYQTMYKVJ525OCPCIGOGPVKUURNKVWRKPCEQPHKIWTCVKQP

CPFCRTQEGUURCTV6JGRTQEGUURCTVGZKUVUQH

%CNEWNCVKQP

4CORKPI

525%CNEWNCVKQP

+PVGTPCNN[VJGCNIQTKVJOYKNNVT[VQMGGRVJGRTGUUWTG+PDCPF.QCF7PNQCF&KHHGTGPVCEVKQPUCTGVCMGP

YJGPVJGRTGUUWTGKU1WV$CPF.QCF7PNQCFDWVUVKNNYKVJKP4GIWNCVKQP$CPF2OCZ2OKPCPFCICKP

YJGPVJGRTGUUWTGKU1WV4GIWNCVKQP$CPF$[FGHCWNVVJGRTGUUWTG5GVRQKPVKUVJGOKFFNGDGVYGGPVJG

.QCFCPF7PNQCFRTGUUWTG6JG/KPKOWOCPFOCZKOWORTGUUWTGKUECNEWNCVGFKPHWPEVKQPQHVJG

2TGUUWTGDCPFCPFKUNQYGTJKIJGTVJCPVJG.QCF7PNQCF2TGUUWTG

2TGUUWTG.QY*KIJ9CTPKPIUCTGECNEWNCVGFKPHWPEVKQPQHVJG.QCF7PNQCF2TGUUWTGUCPFVJG2TGUUWTG

.QY*KIJ5JWVFQYP.GXGNU

5256TCPUKVKQP

9JGPEJCPIKPIHTQO525ZVQ525[VJGUGVRQKPVCPFRTGUUWTGDCPFUYKNNOQXGUOQQVJN[VQVJGKTPGY

UGVVKPIYKVJCURGGFGSWCNVQVJGVTCPUKVKQPVKOG#NN2TGUUWTGNGXGNUYKNNTGCEJVJGKTPGYXCNWGCVVJG

UCOGVKOG

&WTKPIVJGVTCPUKVKQPVJGJKIJGUVCPFVJGNQYGUVRTGUUWTGUJWVFQYPNGXGNQHVJGQNFCPFPGY525KUCRRNKGF

525EJCPIGUYKNNDGCRRNKGFFKTGEVN[KPUVGCFQHUOQQVJN[YJGP

VJG'5UVCVWUKUKP.QECNQT%GPVTCN5VQR/QFG

VJGRTGXKQWU'55VCVWUYCU%GPVTCN5VQR

CNNEQORTGUUQTUCTGKUQNCVGF

525EJCPIGUCTGPQVCNNQYGFYJGP

CEQORTGUUQTUYKVEJKUCEVKXCVGF

.QCFCHVGT5JWVFQYP

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QPGQHVJQUGEQORTGUUQTUKUUJWVFQYP#EQORTGUUQTUJWVFQYPKUTCKUGFWPGZRGEVGFN[4GICTFNGUUQH

VJGRTGUUWTGKPVJGCKTPGVCXQKFKPIWPFGTUJQQVUKUPQVIWCTCPVGGF#PVKEKRCVKQPCEVKQPUDGHQTGVJG

RTGUUWTGTGCEJGUVJGUVCPFCTF%QORTGUUQT5VCTVVTKIIGTNGXGNYKNNNKOKVVJGCOQWPVQHWPFGTUJQQVUVQC

OKPKOWO

6JGIQCNKUVQHKPFCUQNWVKQPYJKEJTGUWNVUKPVJGUOCNNGUVRTGUUWTGFTQRTGICTFNGUUQHVJGUGNGEVGF

RTGUUWTGTGIWNCVKQPOQFG6JGTGHQTGCEQORTQOKUGPGGFUVQDGHQWPFVCMKPIHQNNQYKPIRCTCOGVGTUKPVQ

CEEQWPV

%QORTGUUQTECRCEKV[

6KOGDGVYGGPUVCTVU

+HVJGFGHCWNVECNEWNCVKQPUUJQWNFPQVOGGVVJGTGSWKTGOGPVUVJG[ECPDGEJCPIGF

OCPWCNN[WUKPIVJG#FXCPEGFUGVVKPIU

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+PUVTWEVKQPOCPWCN

5VCTVWRVKOG

+HCUJWVFQYPQEEWTUHQNNQYKPICEVKQPUCTGVCMGP

CNNNQCFGFTCPIGEQORTGUUQTUYKNNDGRNCEGFKPUGNHTGIWNCVKQP

VJGEQPVTQNNGTYKNNNQQMHQTVJGOKPKOWOTGSWKTGFHNQYVQEQORGPUCVGVJGNQUVHNQY

VJGEQPVTQNNGTYKNNNQQMHQTVJGOKPKOWOTGSWKTGFHNQYCOQPIVJGUVQRRGFEQORTGUUQTU

%QORTGUUQTUYKNNDGUVCTVGFTGURGEVKPIVJGVKOGDGVYGGPVYQUVCTVU

+HOQTGVJGPQPGEQORTGUUQTKUHQWPFVQOGGVVJGOKPKOWOTGSWKTGFHNQYCNNEQORTGUUQTUDWVQPG

YKNNDGNQCFGFKOOGFKCVGN[6JGNCUVQPGKPVJGEQNNGEVKQPYKNNDGNQCFGFCRRN[KPIVJG2TGUUWTG

4GIWNCVKQPTWNGU

5RCTG%CRCEKV[

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KPWPNQCFCTGPGINKIKDNG5RCTG%CRCEKV[ECPTGFWEGVJGTKUMQHRTQFWEVKQPNQUUFWGVQCUJQTVCIGQH

CXCKNCDNGCKT5RCTG%CRCEKV[ECPCNUQQHHGTCUQNWVKQPKHCNCTIGXQNWOGQHCKTKUTGSWKTGFQPUJQTVPQVKEG5RCTG%CRCEKV[KUVJGOKPKOWOCOQWPVQHHNQYVJCVPGGFUVQDGCXCKNCDNGCVCNNVKOGU6JG5RCTG

%CRCEKV[FGHKPKVKQPFGRGPFUQPVJGQRVKQP

5RCTG%CRCEKV[YKVJCXCKNCDNGWRNQCFECRCEKV[KPENWFGF

6JGCXCKNCDNGWRNQCFHNQYCOQPIVJGNQCFGFTCPIGEQORTGUUQTUKUUGGPCU5RCTG%CRCEKV[UGG

UGEVKQP5RCTG%CRCEKV[

5RCTG%CRCEKV[YKVJCXCKNCDNGWRNQCFECRCEKV[PQVKPENWFGF

6JGCXCKNCDNGWRNQCFHNQYCOQPIVJGNQCFGFTCPIGEQORTGUUQTUKUPQVUGGPCU5RCTG%CRCEKV[UGG

UGEVKQP5RCTGECRCEKV[

#J[UVGTKUKUKUDWKNVKPVQUVCDKNK\GVJGU[UVGOCPFCXQKFUVCTVUCPFUVQRUQHEQORTGUUQTUVQHWNHKNNVJG

5RCTG%CRCEKV[TGSWKTGOGPVU

#UJQTVCIGQTQXGTRNWUQHQTOQTGQH5RCTG%CRCEKV[FWTKPICRGTKQFGSWCNVQVJG&GNC[CV5KIPCN

UGVVKPIVTKIIGTUCUGCTEJHQTC5RCTG%CRCEKV[OKZUQNWVKQP

0QVGVJCVC5RCTG%CRCEKV[EQORTGUUQTECPDGUGNGEVGFNQCFGFD[RTGUUWTGTGIWNCVKQPCPFYKNNPQNQPIGT

DGC5RCTG%CRCEKV[EQORTGUUQT#HVGTCRGTKQFVJGCNIQTKVJOYKNNUGCTEJCICKPHQTCURCTGEQORTGUUQT

+VOKIJVDGVJCVFWTKPICRGTKQFFGNC[CVUKIPCNVJGTGKUPQ5RCTG%CRCEKV[CXCKNCDNG6JKUYKNNDGVJG

ECUGYJGPVJGHNQYRTQHKNGEJCPIGU

6JG5RCTG%CRCEKV[KUFGNKXGTGFCUGHHKEKGPVN[CURQUUKDNGVCMKPIVJG2TGUUWTG4GIWNCVKQP/QFG

EQPFKVKQPUKPVQCEEQWPV

(QTEGF5GSWGPEGUGSWGPEGPWODGT

'SWCN9GCTTWPPKPIJQWTU

)TQWR/CPCIGOGPVFGRGPFUQPVJGRTQHKNGCPFITQWRTGIWNCVKQPOQFG

/GEJCPKECN4WNGU

/GEJCPKECN4WNGUKUCOQFWNGKORNGOGPVGFKPQTFGTVQFGUETKDGTWNGUCPFOGEJCPKECNNKOKVCVKQPUHQT

EQORTGUUQTU6JGCNIQTKVJOGIRTGUUWTGTGIWNCVKQP1RVKOK\GTYKNNVCMGVJQUGTWNGUKPVQCEEQWPV

HWTVJGTKPVJGFGEKUKQPRTQEGUU

85&5RGGFNKOKVCVKQP

6JGOCZKOWOURGGFQH85&EQORTGUUQTUECPDGNKOKVGFKHVJGEQORTGUUQTJCUDGGPTWPPKPI

EQPVKPWQWUN[CDQXGVJKUNKOKVCVKQPHQTCRTQITCOOCDNGRGTKQF

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1RVKOK\CVKQPCPF2TGUUWTG4GIWNCVKQPYKNNECNEWNCVGYJGVJGTVJKUEQORTGUUQTECPFGNKXGTVJGPGEGUUCT[

HNQYYJKNGTWPPKPIYKVJKPVJCVNKOKVCVKQP

6KOG%QPVTQNNGF+UQNCVKQP

9JGPCUJWVFQYPQEEWTUQPVJG'5CNNEQORTGUUQTUYKNNDGKUQNCVGFKOOGFKCVGN[+PVJKUECUGVJGTGKUCTKUMVJCVOWNVKRNGEQORTGUUQTYKNNDGUVCTVGFUKOWNVCPGQWUN[+HVJG6KOG%QPVTQNNGF+UQNCVKQPQRVKQPKU

GPCDNGFCNNTWPPKPINQCFGFCPFWPNQCFGFEQORTGUUQTUYKNNDGKUQNCVGFCVQPEG+PQTFGTVQRTGXGPV

UVQRRGFEQORTGUUQTUHTQOUVCTVKPIUKOWNCPGQWUN[CNNUVQRRGFEQORTGUUQTYKNNDGKUQNCVGFQPGD[QPG

TGURGEVKPIVJG6KOG6Q0GZV+UQNCVKQP6KOGT&WTKPIVJKURGTKQFCNNKPVGITCVGFEQORTGUUQTUYKNNTGOCKP

WPFGT'5EQPVTQN

/GCUWTGOGPVU

4GCFKPIU

1PVJGOCKPUETGGPTGCFKPIUECPDGFKURNC[GF6JGUGECPGKVJGTDGCPCNQIWGKPRWVTGCFKPIUGICKT

PGVRTGUUWTGQTXKTVWCNTGCFKPIGIECNEWNCVGFHNQYCPFRQYGT

#UGPUQTGTTQTKUKPFKECVGFD[C[GNNQYDCEMITQWPF

2TGUUWTG)TCRJ

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6JGRTGUUWTGITCRJFKURNC[UVJGCPCNQIWGXCNWGQHVJGCEVWCNCKTPGVRTGUUWTG+HVJGCEVWCNRTGUUWTGKUKP

DCPFQTPQVOQTGVJCPQWVDCPFVJGITCRJKUUECNGFCWVQOCVKECNN[DGVYGGPVJG.QCFCPF7PNQCF

2TGUUWTGNGXGN+HVJGRTGUUWTGKUOQTGVJCPQWVDCPFVJGCWVQOCVKEUECNKPIKUFQPGDGVYGGPVJG

*KIJCPF.QY2TGUUWTG5JWVFQYP.GXGN

2TGUUWTGTGIWNCVKQP

2TGUUWTG4GIWNCVKQP%QPEGRV

6JGOCKPIQCNHQT2TGUUWTG4GIWNCVKQPKUVQMGGRVJGRTGUUWTGKPDCPFCUUVCDNGCURQUUKDNGCPFCU

GHHKEKGPVCURQUUKDNG

2TGUUWTG4GIWNCVKQPFGVGTOKPGUYJCVVJGDGUVUQNWVKQPCEVKQPKUVQOGGVVJGHNQYFGOCPFCPFYJGPVJG

CEVKQPUJQWNFDGGZGEWVGF6JG2TGUUWTG4GIWNCVKQP/QFGUYKNNCNNQYQTFKUCNNQYEGTVCKPCEVKQPUKPVJG

RTGUUWTGTGIWNCVKQPUGGUGEVKQP2TGUUWTGTGIWNVKQPOQFGU

6JG2TGUUWTG4GIWNCVKQP6QQNUCTGHWPEVKQPCNKVKGUVQJGNRVQRGTHQTORTGUUWTGTGIWNCVKQPGI5VCDKNK\GTCPFVQGZGEWVGUQOGURGEKHKECEVKQPUGI%QORTGUUQT5YKVEJKPKVKCVGFD[QVJGTOQFWNGUUGGUGEVKQP

2TGUUWTG4GIWNCVKQP6QQNU

6JGEQPEGRVKUFGUKIPGFKPCYC[VJCVFKHHGTGPVOQFWNGUECPDGWUGFD[QVJGTUCPFVJCVGCEJOQFWNG

JCUKVUURGEKHKETGURQPUKDKNKV[6JGUGTGURQPUKDKNKVKGUQTHWPEVKQPCNKVKGUCTGGZRNCKPGFDGNQY

2TGUUWTG4GIWNCVKQP5QNWVKQP

6JGCNIQTKVJOKUCDNGVQTGIWNCVGVJGU[UVGORTGUUWTGYKVJCEQODKPCVKQPQHVJTGGV[RGUQHEQORTGUUQTU

.QCF0Q.QCF85&

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.QCFKPI%QORTGUUQTOGCPU

(NQYKPNU

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4GUWNV6JGRTGUUWTGYKNNEQPVKPWGFTQRRKPICUVJGHNQYQWVKUUVKNNNCTIGTVJCPVJGHNQYKPDWVYKNNPQVFTQRCUHCUVCP[OQTGCUKPVJGRTGXKQWUUKVWCVKQP

6JKUTGUWNVKUECNNGF2QUKVKXG(NQY/KUOCVEJ2QU(//

.QCFKPI%QORTGUUQTOGCPU

(NQYKPNU

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6JKUTGUWNVKUECNNGF0GICVKXG(NQY/KUOCVEJ0GI(//

6JKUOGVJQFKUCNUQCRRNKECDNGYJGPVJGRTGUUWTGKUTKUKPIQPN[VJG(NQYQWVPGGFUVQDGNCTIGTVJCPVJG

HNQYKPVQDGEQOGCPGICVKXGHNQYOKUOCVEJ

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KUPGICVKXGKHVJGRTGUUWTGUNQRGEJCPIGUHTQOCPINGCHVGTCPCEVKQPDWVUVKNNOQXGUCYC[HTQOVJGUGV

RQKPVVJGPVJGHNQYOKUOCVEJKURQUKVKXG5YKVEJGF(NQY

6JG5YKVEJGF(NQYKUVJGVQVCNUWOOCTK\GFEJCPIGFHNQYKPVJGEQORTGUUQTOKZFWGVQCPCEVKQP+P

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EQODKPCVKQPQHCPCEVQTCPFTGCEVQTVJGPVJG5YKVEJGF(NQYKUVJGCDUQNWVGUWOQHDQVJEJCPIGUKP

HNQYVJWUCNYC[URQUKVKXG

2TGUUWTG4GIWNCVKQP'ZGEWVKQP

6JGTGUWNVQHCUQNWVKQPECPDG

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7PNQCFCNQCFGFEQORTGUUQT

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FT[GTVJG.QCFUVCTVQTCPWPNQCFCEVKQPQHCEQORTGUUQTYKNNJCXGCPKPHNWGPEGQPVJGTGCEVKQPFGNC[

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EQOOCPFYKNNDGUGPVVQCEQORTGUUQTUGEQPFUDGHQTGVJGRTGUUWTGYKNNTGCEJVJG.QCFQT7PNQCF

2TGUUWTG

#FKHHGTGPVVKOGKUVCMGPKPVQCEEQWPVYJGPVJGEQORTGUUQTPGGFUVQDGUVCTVGFQTPQV

6KOG6Q0GZV%QOOCPF+P$CPF1WV$CPF

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EQOOCPFUECPPQVDGUGPVGIGXGT[UGEQPFCUVJGKPUVCNNCVKQPYQWNFPQVJCXGVJGVKOGVQCFLWUVVQVJG

PGYUKVWCVKQP#UPQVCNNKPUVCNNCVKQPUCTGKFGPVKECNVJGOKPKOWOVKOGDGVYGGPVYQEQOOCPFUECPDG

RTQITCOOGF

6JGOKPKOWOVKOGDGVYGGPVYQEQOOCPFUCRRNKGUDGVYGGPVYQFQYPNQCFUCPFDGVYGGPVYQWRNQCFU

#PWRNQCFECPDGIKXGPUVTCKIJVCHVGTCFQYPNQCFKHTGSWKTGFCPFKHVJGVKOGDGVYGGPVYQWRNQCFUKU

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2TGUUWTGTGIWNCVKQPOQFG

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6QOGGVVJGHNQYFGOCPF2TGUUWTG4GIWNCVKQPYKNNNQQMHKTUVHQTCDCUGNQCFVJGPHQTVJGOQUVGHHKEKGPV

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1RVKOK\GF'PGTI[5CXKPI

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OQFG

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1RVKOK\CVKQPRQYGTQRVKOK\CVKQPKUQPN[RQUUKDNGYKVJVJGNCUVNQCFGFEQORTGUUQTKPVJGOKZ(QT

QRVKOK\CVKQPVJGUGSWGPEGPWODGTKUCNUQPQVTGNGXCPV

9JGPCUGSWGPEGUJKHVKUVTKIIGTGFEQORTGUUQTUCTGUGNGEVGFUVCTVKPIHTQOVJGHKTUVEQORTGUUQTKPVJG

PGYUGSWGPEGWPVKNVJGTGSWKTGFHNQYKUTGCEJGF

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UGEVKQP2TGUUWTG4GIWNCVKQPVQQNU

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OQPKVQTKPIVJGFGXKCVKQPQHVJGTWPPKPIJQWTU

OQPKVQTKPIVJGDGJCXKQTFWTKPIVJGFGEKUKQPUKPRTGUUWTGTGIWNCVKQP

+P'SWCN9GCT/QFGVJGTWPPKPIJQWTUCTGMGRVYKVJKPCRTQITCOOCDNGTCPIG9JGPVJGTWPPKPIJQWTU

QHCEQORTGUUQTGZEGGFVJCVTCPIGVJKUEQORTGUUQTYKNNDGTGRNCEGFD[CPQVJGTQPGYKVJNGUUJQWTU

'SWCN9GCTYKNNQPN[YQTMEQTTGEVN[YKVJEQORTGUUQTUQHGSWCNECRCEKV[+PECUGVJGECRCEKVKGUFKHHGTVQQ

OWEJKVKUTGEQOOGPFGFVQWUGVJG)TQWR/CPCIGOGPV/QFG

)TQWR/CPCIGOGPV

+PITQWROCPCIGOGPVCNNEQORTGUUQTUCTGRNCEGFKPITQWRUDCUGFQPVJGKTECRCEKV[CPFQTV[RG(QT

GCEJITQWRHQNNQYKPIOQFGUCTGCXCKNCDNG

)TQWR1RVKOK\GF'PGTI[5CXKPI

)TQWR'SWCN9GCT

)TQWR(QTEGF5GSWGPEG

(QNNQYKPIOCUVGTTGIWNCVKQPOQFGURTQHKNGUECPDGCRRNKGF

%CRCEKV[/CPCIGOGPVQT1RVKOK\GF'PGTI[5CXKPI

'SWCN9GCT

(QTEGF5GSWGPEG

6JGRTQHKNGTWNGUCTGFGTKXGFHTQOVJGEQTTGURQPFKPI2TGUUWTG4GIWNCVKQP/QFGUDWVCTGCRRNKGFQP

ITQWRNGXGNKPUVGCFQHQPEQORTGUUQTNGXGN

2TQHKNG%CRCEKV[/CPCIGOGPV

5KOKNCTCUKP1RVKOK\GF'PGTI[5CXKPIUPQGZVTCEQPFKVKQPUCTGCRRNKECDNGVQUGNGEVCITQWRCEVKQP

FWTKPIRTGUUWTGTGIWNCVKQP&GRGPFKPIQPVJGTGIWNCVKQPOQFGKPVJGITQWRUUQOGEQORTGUUQTUOKIJV

PQVDGCXCNKFUQNWVKQP

2TQHKNG'SWCN9GCT

5KOKNCTCUKPVJG'SWCN9GCT4GIWNCVKQP/QFGVJGVQVCNPWODGTQHTWPPKPIJQWTURGTITQWRKUDCNCPEGF

YKVJKPCRTQITCOOCDNGTCPIG

6JGPWODGTQHITQWRTWPPKPIJQWTUKUVJGCXGTCIGQHVJGEQORTGUUQTTWPPKPIJQWTUQHVJCVITQWR

2TQHKNG(QTEGF5GSWGPEG

5KOKNCTCUKP(QTEGF5GSWGPEG4GIWNCVKQP/QFGCNNEQORTGUUQTUOWUVDGNQCFGFDGHQTGCEQORTGUUQTQH

VJGPGZVITQWRKPVJGUGSWGPEGECPDGUVCTVGFNQCFGF7PNQCFKPIUVQRRKPICEQORTGUUQTKUQPN[CNNQYGF

KHCNNEQORTGUUQTUKPVJGJKIJGTUGSWGPEGPWODGTCTGWPNQCFGFUVQRRGF

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+PUVTWEVKQPOCPWCN

2TGUUWTGTGIWNCVKQPVQQNU

%QORTGUUQT5YKVEJ

6JGTGURQPUKDKNKV[QHVJKUOQFWNGKUVQUYKVEJVYQEQORTGUUQTUVQUYKVEJVYQEQORTGUUQTITQWRUQTVQ

WPNQCFCEQORTGUUQTKPCEQPVTQNNGFYC[KPQTFGTVQMGGRVJGRTGUUWTGKPDCPF%QORTGUUQT5YKVEJYKNN

QPN[JCPFNGVJGRTGRCTCVKQPUVGRUCPFHQTEGVJGRTGUUWTGKPVQCEGTVCKPFKTGEVKQPFGEKUKQPUCPF

GZGEWVKQPUCTGUVKNNJCPFNGFD[VJG2TGUUWTG4GIWNCVKQPCNIQTKVJO

%QORTGUUQT5YKVEJECPDGKPKVKCVGFD[HQNNQYKPIOQFWNGU

(QTEGF5GSWGPEG%QORTGUUQTUYKVEJ

'SWCN9GCT%QORTGUUQTUYKVEJ

2QYGT1RVKOK\GT%QORTGUUQT7PNQCF

5VCDKNK\GT%QORTGUUQT7PNQCF

6JGVJTGGOCLQTUVGRUKP%QORTGUUQT5YKVEJCTG

2TGRCTCVKQP

+PECUGQHCUYKVEJUVQRRGFEQORTGUUQTUYKNNDGRNCEGFKPWPNQCF6JGUVQRRGFEQORTGUUQTUYKNN

DGUVCTVGFTGURGEVKPIVJGOKPKOWOTGSWKTGFVKOGDGVYGGPVYQUVCTVUCPFMGRVKPWPNQCFDGHQTG

IQKPIVQVJGPGZVNGXGNKPVJGEQORTGUUQTUYKVEJRTQEGFWTG

+PECUGQHCPWPNQCFVJKUUVGRKUUMKRRGF

%QORTGUUQTUYKVEJWPNQCFCEVKQPU

+PECUGQHCEQORTGUUQTUYKVEJVJGEQORTGUUQTUVQDGTGRNCEGFOWUVDGWPNQCFGFCPFVJG

TGRNCEKPIEQORTGUUQTUPGGFVQDGNQCFGF+PQTFGTVQHQTEGVJGRTGUUWTGFQYPVQNQCFTGRNCEKPI

EQORTGUUQTUVJGUGVRQKPVQHVJGTCPIGEQORTGUUQTUYKNNDGTCORGFFQYPVQVJGNQCFNGXGN

9JGPCTGRNCEKPIEQORTGUUQTKUNQCFGFVJGUGVRQKPVQHVJGTCPIGEQORTGUUQTUYKNNDGTCORGFWRHTQOVJG525UGVRQKPVVQVJGWPNQCFNGXGNKPQTFGTVQHQTEGVJGRTGUUWTGWRYCTFU

'ZRGEVGFDGJCXKQT

2TGUUWTGKUTCORGFFQYP

4GRNCEKPIEQORTGUUQTKUNQCFGF

2TGUUWTGKUTCORGFWR

%QORTGUUQTVQDGTGRNCEGFKUWPNQCFGF

#NNQVJGTNQCFGFTCPIGEQORTGUUQTUCTGNQEMGFKPVJGKTEWTTGPVUVCVGVQCXQKFFKUVWTDKPIVJG

EQORTGUUQTUYKVEJ

+PECUGQHCEQORTGUUQTWPNQCFGZVTCHNQYYKNNDGRTGRCTGFYJKNUVVJGHNQYQHVJGEQORTGUUQTVQDGWPNQCFGFYKNNDGTGFWEGFD[TCORKPIFQYPVJGUGVRQKPVVQVJGNQCFNGXGN6JGUGVRQKPVQH

VJGTGOCKPKPINQCFGFTCPIGEQORTGUUQTUKUTCORGFWRVQVJGWPNQCFNGXGN6JGEQORTGUUQTVQDG

WPNQCFGFYKNNWPNQCFCRRN[KPIVJGDCUKERTGUUWTGTGIWNCVKQPTWNGU

'ZRGEVGFDGJCXKQT

2TGUUWTGKUTCORGFWR

6QDGWPNQCFGFEQORTGUUQTKUWPNQCFGF

+HVJGTGSWKTGFNQCFWPNQCFCEVKQPUCTGPQVFQPGYKVJKPVJGGZRGEVGFVKOGVJGDCUKE

RTGUUWTGTGIWNCVKQPTWNGUYKNNDGQXGTTWNGFCPF(QTEGF4WNGUYKNNDGCRRNKGFCPF

GZGEWVGFWPEQPFKVKQPCNN[

+HVJGRTGUUWTGKUTKUKPIHCUVGTVJCPVJGUVCDNGUNQRGCPFVJGRTGUUWTGKUCDQXGVJGUGVRQKPVCPWPNQCFKUHQTEGF+PCNNVJGQVJGTEQPFKVKQPUCNQCFKUHQTEGF

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+PUVTWEVKQPOCPWCN

4GNGCUG

#NNNQCFGFTCPIGEQORTGUUQTUCTGRNCEGFKPUGNHTGIWNCVKQP#HVGTVJGUGNHTGIWNCVKQPVKOGJCU

GNCRUGFCNNNQCFGFTCPIGEQORTGUUQTUYKNNDGHKZGFQPGD[QPG

1RVKOK\GT

9JGPCNNVTKIIGTUCTGHWNHKNNGFVJGQRVKOK\GTOQFWNGYKNNNQQMHQTCUQNWVKQPVQTWPVJGKPUVCNNCVKQPKPVJG

OQUVGHHKEKGPVYC[TGICTFNGUUQHYJCVVJGCEVKXGRTGUUWTGTGIWNCVKQPOQFGKU

6JGTGCTGVYQV[RGUQHQRVKOK\CVKQP

2QYGT1RVKOK\CVKQP

4GFWEKPIVJGVQVCNRQYGTEQPUWORVKQPD[EJGEMKPIVJGRQUUKDKNKV[VQWPNQCFCEQORTGUUQTCPFUVKNNDG

CDNGVQFGNKXGTVJGTGSWKTGFHNQYVQOCKPVCKPVJGRTGUUWTGNGCFKPIVQGPGTI[UCXKPI

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+PUVTWEVKQPOCPWCN

1PEGVJGU[UVGOKUUVCDKNK\GFCNNTCPIGEQORTGUUQTUGZEGRVHQTVJGNGCFGTYKNNDGUGPVVQCHKZGF

UVCVGCICKPQPGD[QPG

(NQY&CORGT

#2+TGIWNCVQTTGIWNCVGUCRTQEGUUXCNWGCKTPGVRTGUUWTGVQYCTFUCUGVRQKPV6JGDGJCXKQTQHC2+EQPVTQNNGTFGRGPFUQPVJGUGVVKPIUQHVJG2TQRQTVKQPCNDCPFCPFVJG+PVGITCVKQPVKOG

$[OGCPUQHVJG2TQRQTVKQPCN$CPFCPF+PVGITCVKQP6KOG5GVVKPIUC2+EQPVTQNNGTECPTGCEVCIITGUUKXGN[

QTXGT[UNQYN[

#2+EQPVTQNNGTEQPHKIWTGFVQTGCEVCIITGUUKXGN[TGUWNVUKPCIQQFTGIWNCVKQPYJGPQRGTCVKPICTQWPFVJG

UGVRQKPV#PCIITGUUKXGTGIWNCVQTYKNNTGUWNVKPCPQXGTTGCEVKQPQXGTCPFWPFGTUJQQVYJGPKVDGEQOGU

CEVKXGYKVJCNCTIGGTTQTGIYJGPC85&KUUGPVVQNQCFGTTQT5GVRQKPV2TQEGUUXCNWG

%JCPIKPIVJG2TQRQTVKQPCN$CPFCPF+PVGITCVKQP6KOGRCTCOGVGTUVQDGEQOGCNGUUCIITGUUKXG2+

EQPVTQNNGTTGUWNVUKPCDGVVGTDGJCXKQTCPFNGUUWPFGTUJQQVFWTKPICEQORTGUUQTNQCFDWVYKNNPQVTGIWNCVG

HCUVGPQWIJYJGPQRGTCVKPICTQWPFVJGUGVRQKPV

+FGCNN[YQWNFDGVJGEQODKPCVKQPDGVYGGPCPCIITGUUKXGCPFNGUUCIITGUUKXG2+EQPVTQNNGTFGRGPFKPIQPVJGUKVWCVKQP7UKPICFCORGTYKNNTGUWNVKPJCXKPICPCIITGUUKXG2+TGIWNCVQTCTQWPFVJGUGVRQKPVCTGC

CPFCNGUUCIITGUUKXG2+TGIWNCVQTYJGPTGSWKTGF

6JG&CORGTYKNNTGFWEGVJGGTTQTQPVJG2+&TGIWNCVQTYJKEJTGUWNVUKPCUOQQVJDGJCXKQTGXGPYKVJ

CIITGUUKXGRCTCOGVGTU6JG&CORGTECPDGGPCDNGFQTFKUCDNGF

$GUKFGUVWPKPIRCTCOGVGTUC2+EQPVTQNNGTCNUQPGGFUVYQKPRWVUKIPCNUVQDGCDNGVQTGIWNCVG6JGVYQ

KPRWVRCTCOGVGTUCTGVJGUGVRQKPVCPFVJGRTQEGUUXCNWGCEVWCNRTGUUWTG

6JGFKHHGTGPEGDGVYGGPVJQUGVYQRCTCOGVGTUKUVJGGTTQTVJGEQPVTQNNGTPGGFUVQTGIWNCVGYKVJ

'IKPETGCUKPIVJGUGVRQKPVYKVJCEGTVCKPQHHUGVUVCTVKPIYKVJCXCNWGGSWCNVQVJGCEVWCNRTGUUWTG

NGCFUVQCUOCNNGTTQT'XGPYKVJCIITGUUKXG2+RCTCOGVGTUVJGEQPVTQNNGTYKNNPQVQXGTTGCEV

#(NQY&CORGTYKNNDGCEVKXGKH VJGQRVKQPKUGPCDNGF

VJGEQORTGUUQTJCUCTCPIGEQOOCPF2+CEVKXG

EQORTGUUQT5YKVEJKUPQVCEVKXG

RTGUUWTGPQVKPUVCDNGDCPF

7PNQCF2TGUUWTG.QCF2TGUUWTG

RTGUUWTGDGVYGGP2OCZ2OKP

+HVJG&CORGTKUVTKIIGTGFCUGVRQKPVHQTVJG2+YKNNDGECNEWNCVGF

KH#EVWCN2TGUUWTG5NQRG(NQY&CORGT/KP5NQRG

6JGRTGUUWTGKUPQVTKUKPIQTFTQRRKPIHCUVGPQWIJCPF2+CEEGNGTCVKQPKUTGSWKTGF6JG2+YKNN

TGIWNCVGVQYCTFU2UGV

KH#EVWCN2TGUUWTG5NQRG(NQY&CORGT/CZ5NQRG

6JGRTGUUWTGKUTKUKPIQTFTQRRKPIVQQHCUVCPF2+FGEGNGTCVKQPKUTGSWKTGF6JG2+YKNNTGIWNCVG

VQYCTFUCPGYUGVRQKPVKPVJGQRRQUKVGFKTGEVKQPQHVJGRTGUUWTGUNQRG

+H#EVWCN2TGUUWTG2UGV

&CORGT5GV2QKPVCEVWCNRTGUUWTGUVGR

UVGR7PNQCF2TGUUWTGUGVRQKPV

+H#EVWCN2TGUUWTG2UGV

&CORGT5GV2QKPVCEVWCNRTGUUWTGUVGR

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+PUVTWEVKQPOCPWCN

UVGRUGVRQKPV.QCF2TGUUWTG

+HVJG(NQY&CORGT/KP5NQRGKUGSWCNVQQTITGCVGTVJCPVJG#EVWCN2TGUUWTG5NQRGGSWCNVQQTITGCVGT

VJCPVJG(NQY&CORGT/CZ5NQRGVJGRTGUUWTGKUTKUKPIFTQRRKPIHCUVGPQWIJCPFPQ2+CEVKQPKU

TGSWKTGF

%QORTGUUQT5VQR

5VQRRKPICEQORTGUUQTYKNNDGOCPCIGFD[VJG'5VCMKPIUGXGTCNEQPFKVKQPUKPVQCEEQWPV

&55VKOGT

KFNKPI6KOGT

RTGUUWTG%QPFKVKQP

CXCKNCDKNKV[%QPFKVKQP

#NNEQPFKVKQPUPGGFVQDGHWNHKNNGFDGHQTGCEQORTGUUQTKUCNNQYGFVQUVQR

&556KOGT

6JG&GNC[5GEQPF5VQRQT&556KOGTCXQKFUCEQORTGUUQTJCXKPIVQQOCP[UVCTVURGTFC[9JGPC

EQORTGUUQTUVQRUVJGHQNNQYKPIUVQREQOOCPFKUCNNQYGFYJGPVJG&55VKOGJCUGNCRUGF6JG&55

VKOGTKUECNEWNCVGFD[FKXKFKPIJQWTUD[VJGCNNQYGFPWODGTQHOQVQTUVCTVURGTFC[

+FNKPI6KOGT

6JG+FNKPI6KOGKUVJGOKPKOWOVKOGCEQORTGUUQTPGGFUVQTWPKPWPNQCFGFEQPFKVKQPDGHQTGKVECPDG

UVQRRGF

2TGUUWTG%QPFKVKQP

#5VQR%QOOCPFKUPQVCNNQYGFYJGPVJG#EVWCN2TGUUWTGKUDGNQYVJG.QCF2TGUUWTG

#XCKNCDKNKV[

#EQORTGUUQTYKNNDGCXCKNCDNGCICKPYJGPVJGUWOQHHQNNQYKPIVKOGTUJCUGNCRUGFCHVGTCUVQR

EQOOCPF

/KPKOWO5VQR6KOG

4GSWKTGF5VQR6KOG

;CPF;&6KOG+HPQV&1.

.QCF&GNC[6KOG

+HVJGRTGUUWTGUNQRGKUPGICVKXGFTQRUCPFYKNNTGCEJVJGNQCFRTGUUWTGDGHQTGVJGEQORTGUUQTYKNNDG

CXCKNCDNGCICKPC5VQR%QOOCPFYKNNPQVDGCNNQYGF

5[UVGO2TGUUWTG5GV525EQPVTQN

&GUETKRVKQP

6YQU[UVGORTGUUWTGUGVEQPVTQNOQFGUECPDGUGNGEVGFKPVJGWUGTKPVGTHCEG

6JGTGYKNNQPN[DGQPGEQORTGUUQTUVQRRGFCVCVKOG

#NNQYKPICEQORTGUUQTVQUVQRECPCNUQFGRGPFQPVJGCEVKXGTGIWNCVKQPOQFG

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9GGMVKOGT/QFGKPVGTPCNN[DCUGFQPYGGMVKOGT

/CPWCN/QFGNQECNN[FGHCWNV

1PN[QPGEQPVTQNOQFGECPDGCEVKXGCVCVKOG6JGUGNGEVKQPQHCU[UVGORTGUUWTGEQPVTQNOQFGKU

RTQVGEVGFD[CRCUUYQTF+VKURQUUKDNGVQRTQITCOFKHHGTGPV2TGUUWTG5GVU525525CPF525

6JG525KUCEVKXCVGFD[FGHCWNV

+PCWVQOCVKEOQFG9GGM6KOGTC%GPVTCN5VQREQOOCPFECPDGRTQITCOOGF9JGP%GPVTCN5VQRKU

CEVKXCVGFCNNEQORTGUUQTUYKNNDGUVQRRGF

#PWODGTQHEQOOCPFUECPDGRTQITCOOGFKPVJG9GGM6KOGTYKVJHQNNQYKPIRTQITCOOCDNGKVGOU

&C[QHVJGYGGM/QP5WP

6KOGQHVJGFC[

%QOOCPFVQCEVKXCVG525525525%GPVTCN5VQR

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+PUVTWEVKQPOCPWCN

+PUVCNNCVKQP

&KOGPUKQPFTCYKPI

&KOGPUKQPU

/QWPVKPIKPUVTWEVKQPU

2TQEGFWTG

/QWPVVJG'5VQCYCNNKPVJGTQQOVCMKPIKPVQCEEQWPVVJGOCZKOWOECDNGNGPIVJQHVJGPGVYQTMCPF

COCZKOWONGPIVJQHOVQVJGRTGUUWTGVTCPUOKVVGTU

6JGRTGUUWTGVTCPUOKVVGTUUJQW NFRTGHGTCDN[DGEQPPGEVGF

6QCPCKTTGEGKXGTVQCXQKFRTGUUWTGRWNUCVKQPUXKDTCVKQPUUJQWNFCNUQDGCXQKFGF

8KCXCNXGUCNNQYKPIVJGRTGUUWTGVTCPUOKVVGTVQDGTGOQXGFCHVGTKUQNCVKPICPFFGRTGUUWTKUKPIKV

+PXGTVKECNRQUKVKQPVQCXQKFKPHNWGPEGQHEQPFGPUCVG

+UQNCVGCPFFGRTGUUWTKUGVJCVRCTVQHVJGCKTPGVVQYJKEJVJGRTGUUWTGVTCPUOKVVGTUYKNNDGEQPPGEVGF

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+PUVTWEVKQPOCPWCN

2TQXKFGVYQJQNGUYKVJVJTGCF026KPVJGFGRTGUUWTKUGFRCTVQHVJGCKTPGV

5ETGYVJGRTGUUWTGVTCPUOKVVGTUKPVQRNCEG

9KTGVJGRTGUUWTGVTCPUOKVVGT%QPPGEVVJGHKTUVVTCPUOKVVGTVQCPCNQIKPRWVRKPUCPFQP

EQPPGEVQT:#+QHVJG+1DQCTFVJGUGEQPFVTCPUOKVVGTVQCPCNQIKPRWVRKPUCPFQP

EQPPGEVQT:#+

6JGUGUGPUQTUJCXGCYQTMKPIVGORGTCVWTGNKOKVHTQOu%WRVQu%u(WRVQu((QT

JKIJGTVGORGTCVWTGUCPGZVGPUKQPRKRGUJQWNFDGWUGFVQEQQNQHHVJGCKT

0WODGTKPICPFRQUKVKQPQHCPCNQIKPRWVU

7UGUETGYVGTOKPCNUVTKR:#+VQEQPPGEVCPCNQIUKIPCNU#PCNQIKPRWVUCTGPWODGTGFHTQOWRVQ

VGTOKPCNUCTGPWODGTGFHTQOWRVQ

+HVJGRTGUUWTGVTCPUOKVVGTUJCXGCHKZGFECDNGYKVJUJKGNFKPICVVCEJGFVJGUJKGNFKPI

OWUVPQVDGEQPPGEVGFVQVJGUJKGNFKPIQHVJGGZVGPUKQPECDNGVQVJG+1DQCTFQHVJG

'5VQRTGXGPVNQQREWTTGPVUKPVJGU[UVGO

6JG%'FGXKEGJCUGKIJVO#CPCNQIWGKPRWVUQPDQCTF6JGRTGUUWTGYKNNCNYC[U

DGOGCUWTGFVYKEGHQTUGEWTKV[TGCUQPU1PVJGTGOCKPKPIKPRWVUCNNMKPFQHUGPUQTU

WUKPICO#UKIPCNECPDGEQPPGEVGF

6YQFKHHGTGPVMKPFUQHUGPUQTUECPDGWUGF

#EVKXG+1UGPUQT

2CUUKXG+1UGPUQT

#PCNQIKPRWVPWODGT 5ETGYVGTOKPCNPWODGT 5KIPCNV[RG

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EQODKPCVKQPQHEQPFKVKQPUKUHWNHKNNGF

5RGEKHKECVKQPU

0WODGTKPICPFRQUKVKQP

%QPPGEVVJGFKIKVCNQWVRWVUVQVGTOKPCNUVTKR:&1QHVJG'5&KIKVCNQWVRWVUCTGPWODGTGFHTQO

WRVQUETGYVGTOKPCNUCTGPWODGTGFHTQOWRVQ

%QPFKVKQPU(QNNQYKPIEQPFKVKQPUOWUVDGWUGFVQUGVCFKIKVCNQWVRWVVTWG

8&%

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.KOKVKPIEQPVKPWQWUEWTTGPVCVOCZKOWOCODKGPVVGORGTCVWTG #

/CZKOWOUYKVEJKPIXQNVCIG 8#%

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+(=2TGUUWTG.QY9CTPKPIQT2TGUUWTG*KIJ9CTPKPIQT5GPUQT&GXKCVKQP9CTPKPIQT2TGUUWTG

5GPUQTGTTQTCPF0QV2TGUUWTG5GPUQTGTTQTQT2TGUUWTG5GPUQTGTTQTCPF0QV2TGUUWTG5GPUQT

GTTQT?6JGP&KIA1WVA6TWG'NUG&KIA1WVA(CNUG

&KIKVCN1WVRWV

&KIA1WVATGRTGUGPVUCP'55JWVFQYP

+(=2TGUUWTG.QY5JWVFQYPQT2TGUUWTG*KIJ5JWVFQYPQT5GPUQT&GXKCVKQP5JWVFQYPQT

2TGUUWTG5GPUQTGTTQTCPF2TGUUWTG5GPUQTGTTQT?6JGP&KIA1WVA6TWG'NUG&KIA1WVA

(CNUG

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6TWGTGRTGUGPVUCENQUGFTGNC[(CNUGTGRTGUGPVUCPQRGPTGNC[YJGPWUKPIVJG01CPF/#+0

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9JGPWUKPIVJG/#+0CPF0%EQPVCEV6TWGCPF(CNUGCTGVWTPGFTQWPF

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1RGTCVKPIKPUVTWEVKQPU

2TGRCTCVKQPHQTKPKVKCNUVCTVWR

5GTXKEGFKCITCO

2TQEGFWTG

5VKEMNCDGNUQPVJGEQPVTQNRCPGNUQHVJGEQORTGUUQTUEQPPGEVGFVQVJG'5CUYGNNCUQPCPQDXKQWU

RNCEGKPUKFGVJGUGEQORTGUUQTUYCTPKPIVJGQRGTCVQTVJCVVJGEQORTGUUQTKUTGOQVGN[UVCTVGFCPF

UVQRRGFD[CUGRCTCVGEQPVTQNNGT6JGUGNCDGNUOWUVYCTPVJGQRGTCVQTVJCVCHVGTXQNVCIGHCKNWTGVJG

'PGTI[5CXGTECPTGOQVGN[UVCTVCPFUVQRVJGEQORTGUUQTUFGRGPFKPIQPVJGCKTFGOCPFCPFRTQITCOOGFXCNWGU

%QPPGEVC8#%*\RQYGTUWRRN[VQVGTOKPCNU.CPF.QHVJG'5EQPVTQ NNGTOCMG

UWTGVJGGCTVJKPIKUEQPPGEVGFVQVGTOKPCN2'

5YKVEJQPVJGXQNVCIG

*CXGVJGPGVYQTMEQPHKIWTGFEQOOKUUKQPGFD[VJG#VNCU%QREQ%WUVQOGT%GPVTG

+VKUPQVPGEGUUCT[VQUVQREQORTGUUQTUTWPPKPIKPECUECFGVQKPVGITCVGVJG'5KPVQVJG

EQORTGUUQTKPUVCNNCVKQP

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+PUVTWEVKQPOCPWCN

%QPVTQNOQFGDWVVQPU

&GUETKRVKQP

6JGDNWGHTCOGKPFKECVGUYJKEJQHVJGHQNNQYKPIEQPVTQNOQFGUKUCEVKXG

.QECN%QPVTQN

#NNEQORTGUUQTUCTGNQECNN[EQPVTQNNGF6JGEQPVTQNNGTKUFKUCDNGFCPFRGTHQTOUPQTGIWNCVKQP

6JGTGHQTGKVKUPGEGUUCT[VQRTQITCOVJGRTGUUWTGUGVVKPIUQHVJGEQORTGUUQTUKPECUECFGVQRTGXGPV

UKOWNVCPGQWUUVCTVKPIQHOWNVKRNGEQORTGUUQTU

'5%QPVTQN

6JG'5EQPVTQNUCNNKPVGITCVGFEQORTGUUQTU#VVJKUOQOGPVVJGEQPVTQNNGTKUOCKPVCKPKPIVJGU[UVGO

RTGUUWTGD[CFFTGUUKPIVJGKPVGITCVGFEQORTGUUQTU

%GPVTCN5VQR

6JGEQPVTQNNGTYKNNKOOGFKCVGN[WPNQCFCPFUVQRCNNEQORTGUUQTU0QTOCNN[VJKUHWPEVKQPKUFKUCDNGF

CPFECPDGGPCDNGFD[RWUJKPIVJGEJGEMDQZPGZVVQVJGEGPVTCNUVQRDWVVQP6QCXQKF

WPCWVJQTK\GFUVQRRKPIFKUCDNGVJG%GPVTCN5VQRDWVVQPYJGPVJG'5KUQRGTCVKXGCICKP

2TGRCTKPIEQORTGUUQTUVQDGKPVGITCVGFKPVQVJG'5U[UVGO

&GUETKRVKQP

%QORTGUUQTUGSWKRRGFYKVJCP'NGMVTQPKMQP/M+QT/M++TGIWNCVQTCTGCNYC[UTGCF[VQDGKPVGITCVGF

6JGEQPVTQNNGTYKNNQPN[TGCEVVQCPGYEQPVTQNOQFGKHVJGEQPVTQNOQFGDWVVQPKU

RWUJGFHQTOKPKOWOUGEQPFU

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+PUVTWEVKQPOCPWCN

'NGMVTQPKMQP/M+CPF/M++TGIWNCVQTU

1P

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+PUVTWEVKQPOCPWCN

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+PUVTWEVKQPOCPWCN

+PVGITCVKPIEQORTGUUQTUKPVQVJG'5U[UVGO

&GUETKRVKQP

/CMGUWTGVJCVVJGEQORTGUUQTUCTGRTGRCTGFVQDGKPVGITCVGFCUFGUETKDGFKPUGEVKQP2TGRCTKPI

EQORTGUUQTUVQDGKPVGITCVGFKPVJG'5U[UVGO#EVKXCVGVJGRCUUYQTF6QWEJVJG+PVGITCVGHKGNFQH

VJGEQORTGUUQTVQDGKPVGITCVGF+HVJG+PVGITCVGCPF+UQNCVGHKGNFUUJQYITG[VJGEQORTGUUQTKUPQVTGCF[VQDGKPVGITCVGFQTVJGRCUUYQTFJCUGZRKTGF

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+UQNCVKPIEQORTGUUQTUHTQOVJG'5U[UVGO

&GUETKRVKQP

1PGQTOQTGEQORTGUUQTUECPDGKUQNCVGFHTQOVJG'5EQPVTQNNGT6JKUECPDGFQPGGKVJGTQPVJG'5QTQP

VJGEQORTGUUQT6JGUGSWGPEGTYKNNKIPQTGVJGKUQNCVGFEQORTGUUQTUHQTVJGRTGUUWTGTGIWNCVKQP+UQNCVGF

EQORTGUUQTUCTGNQECNN[EQPVTQNNGFWPVKNVJG[CTGKPVGITCVGFCICKP

6QKUQNCVGCEQORTGUUQTQPVJG'5EQPVTQNNGTVQWEJVJGKUQNCVGHKGNFQPVJGEQPVTQNUETGGP6JG

+UQNCVGDWNNGVDGEQOGUDNCEM

6QKUQNCVGCEQORTGUUQTYKVJ/M+++TGIWNCVQTVWTPVJGMG[UYKVEJHTQOTGOQVGEQPVTQNOQFGVQ.QECN

%QPVTQN/QFG

6QKUQNCVGCEQORTGUUQTYKVJ2.%TGIWNCVQTKUQNCVGVJGEQORTGUUQTD[VWTPKPIVJGMG[UYKVEJVQ.QECN

/QFGQTD[RTGUUKPIVJG(DWVVQPYJGPVJGMG[UYKVEJKUKPTGOQVG

6QKUQNCVGCEQORTGUUQTYKVJCP'NGMVTQPKMQP++TGIWNCVQTRTGUUVJG/GPWDWVVQPQPVJGEQPVTQNNGT(

RTGUUVJGCTTQYFQYPMG[WPVKNVJGQRVKQP/QFKH[2CTCOUKUHQNNQYGFD[CJQTK\QPVCNCTTQY2TGUUVJG

VCDWNCVQTMG[VQCEVKXCVGVJGOGPW7UGVJGCTTQYFQYPMG[WPVKNVJGQRVKQP%QPHKIWTCVKQPKUHQNNQYGF

D[CJQTK\QPVCNCTTQY2TGUUVJGVCDWNCVQTMG[VQCEVKXCVGVJGOGPWUETQNNVJTQWIJVJGFKURNC[WPVKNVJG

QRVKQP%%/KUUJQYPCPFCEVKXCVGVJGOGPWD[RTGUUKPIVJGVCDWNCVQTMG[%JCPIGVJGUGVVKPIHTQO

.#0VQ.QECN

6QKUQNCVGCEQORTGUUQTYKVJ/M+8TGIWNCVQTRTGUUVJG/GPWDWVVQPQPVJG/M+8EQPVTQNNGT(

RTGUUVJGCTTQYFQYPMG[WPVKNVJGQRVKQP/QFKH[2CTCOGVGTUKUHQNNQYGFD[CJQTK\QPVCNCTTQY2TGUU

VJGVCDWNCVQTMG[VQCEVKXCVGVJGOGPW7UGVJGCTTQYFQYPMG[WPVKNVJGQRVKQP%QPHKIWTCVKQPKU

HQNNQYGFD[CJQTK\QPVCNCTTQY2TGUUVJGVCDWNCVQTMG[VQCEVKXCVGVJGOGPWUETQNNVJTQWIJVJGFKURNC[

WPVKNVJGQRVKQP%%/KUUJQYPCPFCEVKXCVGVJGOGPWD[RTGUUKPIVJGVCDWNCVQTMG[%JCPIGVJG

UGVVKPIHTQO.#0EQPVTQNVQ.QECN%QPVTQN

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7UGTKPVGTHCEG

/CKPUETGGP

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$WVVQPVQCEVKXCVGVJGKPRWVRCPGNMG[DQCTF

$WVVQPVQCEVKXCVGVJGEQORTGUUQTEQOOCPFXKGYGT

$WVVQPVQNQEMVJGEQPVTQNRCPGN

$WVVQPVQCEVKXCVGVJGEJCPIGRCUUYQTFUETGGP

$WVVQPVQCEVKXCVG9KPFQYU

$WVVQPVQCEVKXCVGCUQHVT GUVCTV

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$WVVQPVQECNNWRVJG5RCTG%CRCEKV[UETGGP

$WVVQPVQECNNWRVJG(QTEGF5GSWGPEGUETGGP

$WVVQPVQECNNWRVJG'SWCN9GCTUETGGP

$WVVQPVQECNNWRVJG)TQWR/CPCIOGPVUETGGP

5JQYUVJGEQORTGUUQTOQFGQT'5EQOOCPFU

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%QORTGUUQTUVCVWUGU

$GNQYCVCDNGUJQYKPICNNGZKUVKPIUVCVWUGUVJGKTFGUETKRVKQPCPFEQPFKVKQPUHQTVJGUWRRQTVGF

EQORTGUUQTU

2TQITCOOKPI5[UVGO2TGUUWTG5GV525UGVVKPIU

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6JTGG525UGVVKPIUECPDGRTQITCOOGFKPVQVJG'5EQPVTQNNGT6QOQFKH[QTRTQITCOCP525RTQEGGFCU

HQNNQYU

$WVVQPUJQYUVJGEQORTGUUQTPWODGT9JGPVJGEQORTGUUQTPWODGTKUUJQYP

EQPUVCPVN[VJGEQORTGUUQTKUKPVGITCVGFYJGPHNCUJKPIVJGEQORTGUUQTKUKUQNCVGF

6JKUDWVVQPKUWUGFVQECNNWRVJG%QORTGUUQT+PHQTOCVKQPUETGGP

5JQYUVJG%QORTGUUQT%QOOWPKECVKQPUVCVWU

(KGNFUUJQYKP I%QORTGUUQ T+PHQTOCVKQP

(KGNFUVQKPVGITCVGKUQNCVGVJGEQORTGUUQT+HVJGHKGNFUUJQYITG[VJGEQORTGUUQTKU

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$WVVQPVQEJCPIGVJG2TGUUWTG4GIWNCVKQPOGVJQFVJGDWVVQPUJQYUVJGCEVWCN

OGVJQF

(KGNFUUJQYKPIVJGCPCNQIKPRWVTGCFKPIU

2TGUUWTG)TCRJHKGNF

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5VCVWU &GUETKRVKQP .QCF0Q.QCF 85&

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%NKEMVJGDWVVQPVQCEVKXCVGVJG525EQPHKIWTCVKQPUETGGPUGGUGEVKQP/CKPUETGGPQTENKEMQPVJG

2TGUUWTG)TCRJKPVJGOCKPYKPFQYHQNNQYKPIUETGGPCRRGCTU

%NKEMVJGDWVVQPQHVJG525PWODGTVQDGRTQITCOOGFQTOQFKHKGFHQNNQYKPIUETGGPCRRGCTU

6YQOGVJQFUECPDGWUGFVQRTQITCOVJG525UGVVKPIU

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(KZGF$CPF'PVGTVJG.QCFCPF7PNQCFRTGUUWTGWUKPIDWVVQPU

(KZGF2QKPV'PVGTC5GVRQKPVCPFCPQHHUGVWUKPIDWVVQPU

&GHKPGVJG*KIJ5JWVFQYPCPF.QY5JWVFQYPRTQVGEVKQPUGVVKPIUWUKPIDWVVQPU

6JGU[UVGOYKNNECNEWNCVGVJG9CTPKPICPF4GIWNCVKQP5GVVKPIUVJGTGUWNVQHVJKUECNEWNCVKQPECPDG

ECNNGFWRD[ENKEMKPIDWVVQPHQNNQYKPIUETGGPCRRGCTU

+HVJGRTQRQUGFU[UVGOUGVVKPIUFQPQVOGGVVJGTGSWKTGOGPVUVJG[ECPDGKPFKXKFWCNN[EJCPIGFWUKPI

DWVVQPU

%NKEMVJG1-DWVVQPVQRTQITCOVJGUGVVKPIUQTENKEMVJG%CPEGNDWVVQPVQSWKVYKVJQWV

RTQITCOOKPI6JG'5EQPVTQNNGTYKNNTGVWTPVQVJGRTGXKQWUUETGGPRTGUUVJG1-DWVVQPVQCEEGRV

VJGRTQITCOOGF525UGVVKPIUQTVJG%CPEGNDWVVQPVQSWKVYKVJQWVRTQITCOOKPI6JG'5EQPVTQNNGTYKNNTGVWTPVQVJGRTGXKQWUUETGGP

6YQ1RGTCVKPI/QFGUECPDGUGNGEVGF

/CPWCN/QFG

+HKVKUTGSWKTGFVQEJCPIGQXGTVQCPQVJGT525UGVVKPIOCPWCNN[ENKEMQPVJGEJGEMDQZQH/CPWCN

/QFGVQUGNGEVVJKUQRGTCVKPIOQFG

%NKEMQPVJG5GVWR/CPWCN/QFGDWVVQPHQNNQYKPIUETGGPCRRGCTU

%JCPIKPIVJGRTQRQUGFUGVVKPIECPJCXGEQPUGSWGPEGUQPVJGTGIWNCVKQPCPFUJQWNF

QPN[DGFQPGD[SWCNKHKGFRGTUQPGN

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5GNGEVVJGTGSWKTGF525PWODGTCPFENKEMVJG1-DWVVQP

9GGMVKOGT/QFG

+HKVKUTGSWKTGFVQEJCPIGQXGTVQCPQVJGT525UGVVKPIWUKPIC9GGM6KOGTENKEMQPVJGEJGEMDQZ

QH9GGMVKOGT/QFGVQUGNGEVVJKUQRGTCVKPIOQFG

%NKEMQPVJG5GVWR9GGMVKOGT/QFGDWVVQPVQEQPHKIWTGQTEJCPIGVJGYGGMVKOGTHQNNQYKPIUETGGPCRRGCTU

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+PUVTWEVKQPOCPWCN

&GHKPGVJGPWODGTQHYGGMUKPCE[ENGWUKPIVJGCTTQYWRQTCTTQYFQYPMG[QHVJG9GGMUKP

%[ENG1RVKQPKVKURQUUKDNGVQETGCVGCE[ENGKPENWFKPIWRVQHQWTV[YGGMU

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%WTTGPVYGGM

6QCFFCVKOGTENKEMQPVJG#FF6KOGTDWVVQPHQNNQYKPIUETGGPCRRGCTU

5GNGEVVJGYGGMVQCFFCVKOGTEQOOCPFWUKPIVJGFTQRFQYPOGPWKPVJGYKPFQY9GGM

5GNGEVVJGYGGMFC[VQCFFCVKOGTEQOOCPFWUKPIVJGFTQRFQYPOGPWKPVJGYKPFQY

9GGMFC[

5GVVJGJQWTCPFOKPWVGUGVVKPIUWUKPIVJGCTTQYWRQTCTTQYFQYPMG[PGZVVQVJGTGNGXCPV

YKPFQY

5GNGEVVJG525UGVVKPIEQOOCPFKPVJGNQYGTYKPFQY

%NKEMVJG1-DWVVQPVQRTQITCOVJGPGY6KOGTQTVJG%CPEGNDWVVQPVQSWKVYKVJQWV

RTQITCOOKPIVJG'5EQPVTQNNGTYKNNTGVWTPVQVJGRTGXKQWUUETGGP

6QOQFKH[CVKOGTENKEMQPVJG/QFKH[DWVVQPVJGUCOGUETGGPCUCDQXGCRRGCTU/QFKH[VJG

RCTCOGVGTUCUPGEGUUCT[CPFENKEMVJG1-DWVVQPVQRTQITCOVJGPGYRCTCOGVGTUQTENKEMVJG%CPEGN

MG[VQSWKVYKVJQWVRTQITCOOKPIVJGEQPVTQNNGTYKNNTGVWTPVQVJGRTGXKQWUUETGGP

6QTGOQXGCVKOGTUGNGEVVJGVKOGTVQDGTGOQXGFCPFENKEMQPVJG4GOQXGVKOGTDWVVQP#EQPHKTOCVKQPUETGGPCRRGCTUENKEM;GUVQTGOQXGVJGVKOGTQT0QVQSWKVYKVJQWVTGOQXKPIVJGVKOGT

9JGPCNNVJGVKOGTUGVVKPIUCTGRTQITCOOGFENKEMVJG1-DWVVQP(TQOPQYQPVJG'5EQPVTQNNGT

YKNNTGIWNCVGVJGCKTPGVCEEQTFKPIVQVJGUGVVKPIURTQITCOOGFKPVJGYGGMVKOGT

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#WVQOCVKE(WPEVKQPU

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%NKEMVJGDWVVQPVQQRGPVJG#WVQOCVKE(WPEVKQPEQPHKIWTCVKQPUETGGPUGGUGEVKQP/CKPUETGGP

(QNNQYKPIUETGGPCRRGCTU

(QWT#WVQOCVKE(WPEVKQPUECPDGUGNGEVGF

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6JG#4#8(HWPEVKQPYKNNUGVVJG'5CPFVJGKPVGITCVGFEQORTGUUQTUDCEMKPVJGTGSWGUVGFUVCVGCHVGT

CXQNVCIGHCKNWTG6JGFKHHGTGPVEQPHKIWTCVKQPUCPFUGVVKPIUCTGGZRNCKPGFDGNQY6JG#4#8(HWPEVKQP

KUFKUCDNGFD[FGHCWNV

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EQORTGUUQTKPVJGEQTTGEVUVCVGCHVGTVJGFGNC[VKOGJCUGNCRUGF

#DQTV6KOG

9JGPVJGRGTKQFQHVJGXQNVCIGHCKNWTGVCMGUNQPIGTVJCPVJKUUGVVKPIVJG#4#8(HWPEVKQPYKNNPQV

DGGZGEWVGF9JGPVJGUGVVKPIKUUGVCV\GTQVJG#4#8(HWPEVKQPYKNNCNYC[UDGCEVKXG

'54GSWGUV5VCVG

.QECN%QPVTQN

4GICTFNGUUQHYJCVVJG5VCVGDGHQTGVJG8QNVCIGHCKNWTGYCUVJG'5YKNNCNYC[UUVCTVWRKP

.QECN%QPVTQN

.CUV-PQYP5VCVG

$GCYCTGVJCVUQOGQHVJG#WVQOCVKE(WPEVKQPUYKNNECWUGEQORTGUUQTUVQUVCTVCWVQOCVKECNN[5VKEMNCDGNUQPVJGEQPVTQNRCPGNUQHVJGEQORTGUUQTUEQPPGEVGFVQVJG

'5CUYGNNCUQPCPQDXKQWURNCEGKPUKFGVJGUGEQORTGUUQTUYCTPKPIVJGQRGTCVQTVJCV

VJGEQORTGUUQTKUTGOQVGN[UVCTVGFCPFUVQRRGFD[CUGRCTCVGEQPVTQNNGT6JGUGNCDGNU

OWUVYCTPVJGQRGTCVQTVJCVCHVGTXQNVCIGHCKNWTGVJG'5ECPTGOQVGN[UVCTVCPF

UVQRVJGEQORTGUUQTUFGRGPFKPIQPVJGCKTFGOCPFCPFRTQITCOOGFXCNWGU

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6JG'5YKNNIQVQVJGUVCVGCUKVYCUDGHQTGVJGRQYGTHCKNWTGTGURGEVKPIVJG&GNC[CPF#DQTV

6KOG

%QORTGUUQT4GSWGUV5VCVG

4GOCKP+UQNCVGF

4GICTFNGUUQHYJCVVJGUVCVGYCUDGHQTGVJGXQNVCIGHCKNWTGVJG%QORTGUUQT4GSWGUVYKNN

CNYC[UDGKUQNCVGF

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6JG%QORTGUUQTUVCVGYKNNTGOCKPKPVJGTGSWGUVUVCVGCUKVYCUDGHQTGVJGRQYGTHCKNWTG

#WVQOCVKE+PVGITCVKQP#HVGT%QOOWPKECVKQP'TTQT

9JGPCEQOOWPKECVKQPGTTQTQEEWTUCPKPVGITCVGFEQORTGUUQTYKNNDGKUQNCVGF+HVJKUQRVKQPKU

GPCDNGFVJGEQORTGUUQTYKNNDGKPVGITCVGFCICKPCUUQQPCUVJGEQOOWPKECVKQPRTQDNGOKUUQNXGF

&WTKPICEQOOWPKECVKQPGTTQTKVKUUVKNNRQUUKDNGVQEJCPIGVJGEQORTGUUQTTGSWGUVKPVGITCVGFQT

KUQNCVGF

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+HVJKUQRVKQPKUGPCDNGFCPFVJGEQORTGUUQTOQFGKUUYKVEJGFHTQO.#0VQ.QECNQPVJGEQORTGUUQT

TGIWNCVQTCPKPVGITCVGFEQORTGUUQTYKNNDGKUQNCVGF9JGPVJGEQORTGUUQTKURWVDCEMKPVQ.#0

OQFGKVYKNNDGKPVGITCVGFCICKPCWVQOCVKECNN[

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6JKUQRVKQPPGGFUVQDGGPCDNGFVQIWCTCPVGGVJCVCOKPKOWOCOQWPVQHCKTHNQYKUKOOGFKCVGN[

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+PUVTWEVKQPOCPWCN

%QPHKIWTCVKQP

(QNNQYKPIDWVVQPUCTGCXCKNCDNG

#FF5GSWGPEG

9JGPRTGUUGFHQNNQYKPIUETGGPCRRGCTU

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+PUVTWEVKQPOCPWCN

#UGSWGPEGUJKHVYKNNDGGZGEWVGFQPCRTGFGHKPGFVKOGFCVGKPCYGGMQTQXGTCE[ENGQHOQTG

YGGMU2TQITCOOKPIVJG9GGMVKOGTKUUKOKNCTCUFGUETKDGFKPUGEVKQP2TQITCOOKPI5[UVGO2TGUUWTG

5GV525UGVVKPIU

'SWCN9GCT

&GUETKRVKQP

%NKEMVJGDWVVQPVQQRGPVJG'SWCN9GCTEQPHKIWTCVKQPUETGGPUGGUGEVKQP/CKPUETGGP(QNNQYKPIUETGGP

CRRGCTU

%QPHKIWTCVKQP

4GUVTKEVVQEGTVCKPRGTKQFU

9JGP'SWCN9GCTKUFGVGEVGFUQOGEQORTGUUQTUYKNNOQUVNKMGN[UYKVEJ+VOKIJVDGVJCVVJG

KPUVCNNCVKQPQTVJGRTQFWEVKQPRTGHGTUVQRQUVRQPGCEQORTGUUQTUYKVEJ6JGTGHQTGYJGPVJKUQRVKQP

KUCEVKXCVGF'SWCN9GCT%QPVTQNYKNNDGTGUVTKEVGFVQEGTVCKPRGTKQFU

6QRTQITCOVJGRGTKQFUKPYJKEJ'SWCN9GCT%QPVTQNKUCEVKXGRTGUUDWVVQP5GV7R2GTKQFU

HQNNQYKPIUETGGPCRRGCTU

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+PUVTWEVKQPOCPWCN

%NKEMVJG#FFDWVVQPVQCFFCRGTKQFKPYJKEJ'SWCN9GCTEQPVTQNKUCNNQYGF#UETGGPCRRGCTU

CNNQYKPIVQEQPHKIWTGCRGTKQF

+HKVKUPGEGUUCT[VQOQFKH[CRGTKQFUGNGEVVJGRGTKQFCPFENKEMVJG/QFKH[DWVVQP

+HKVKUPGEGUUCT[VQTGOQXGCRGTKQFUGNGEVVJGRGTKQFCPFENKEMVJG4GOQXGDWVVQP

/CZKOWOJQWTFKHHGTGPEG

6JKUUGVVKPIYKNNFGVGTOKPGYKVJKPYJKEJTCPIG'SWCN9GCTYKNNDGGZGEWVGF

'SWCN9GCTJQWTU

6JGTGIWNCVKQPCNIQTKVJOYKNNVCMGVJG'SWCN9GCTJQWTUKPVQCEEQWPVKPECUGVJG'SWCN9GCTTGIWNCVKQPOGVJQFKUUGNGEVGF

6QVCN'SWCN9GCTJQWTU4WPPKPIJQWTU1HHUGVJQWTU

5GV

6JG'SWCN9GCTJQWTUECPDGEQPHKIWTGFHQTGCEJEQORTGUUQTKPFKXKFWCNN[D[UKORN[EJCPIKPIVJG

QHHUGVJQWTU

4GUGVCNN

6JG'SWCN9GCTJQWTUQHCNNEQORTGUUQTUYKNNDGUGVVQ\GTQ

%NGCTCNN

6JGQHHUGVJQWTUQHCNNEQORTGUUQTUYKNNDGUGVVQ\GTQ

)TQWR/CPCIGOGPV

&GUETKRVKQP

%NKEMVJGDWVVQPVQQRGPVJG)TQWR/CPCIGOGPV%QPHKIWTCVKQPUETGGPUGGUGEVKQP/CKPUETGGP

(QNNQYKPIUETGGPCRRGCTU

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+PUVTWEVKQPOCPWCN

%QPHKIWTCVKQP

6JG%QPHKIWTCVKQPQH)TQWR/CPCIGOGPVKUFQPGD[OGCPUQHCYK\CTF+HCPGZKUVKPIEQPHKIWTCVKQPPGGFUVQDGOQFKHKGFVJGYK\CTFOWUVDGTWPVJTQWIJEQORNGVGN[

6JGTGCTGVJTGGDCUKEUVGRUKPVJGEQPHKIWTCVKQPQH)TQWR/CPCIGOGPVHQTGCEJRTQHKNG

)TQWR%QPHKIWTCVKQP

)TQWR4GIWNCVKQP%QPHKIWTCVKQP

2TQHKNG%QPHKIWTCVKQP

#NN$CUKETWNGUGI(QTEGF5GSWGPEGCPFUVCPFCTFEQPHKIWTCVKQPUGI'SWCN9GCT9GGM6KOGTKP

)TQWR/CPCIGOGPVCTGUKOKNCTCUKHVJGTWNGUYQWNFDGCRRNKGFHQTVJCV2TGUUWTG4GIWNCVKQPOQFGKVUGNH

)TQWR%QPHKIWTCVKQP

(QTCEQTTGEV)TQWR%QPHKIWTCVKQPGCEJEQORTGUUQTOWUVDGRNCEGFKPCITQWR6JGTGCTGVYQYC[UVQFQUQ

#WVQOCVKE

%NKEMQPVJG%TGCVG$[%CRCEKV[DWVVQP6JGITQWRUYKNNDGETGCVGFCWVQOCVKECNN[DCUGFQPC

HTCEVKQPQHVJGVQVCNECRCEKV[QHVJGKPUVCNNCVKQPCUHQNNQYU

*[UVGTGUKU(TCEVKQP6QVCN(NQY

#FFCEQORTGUUQTVQCITQWRKHKVUFGUKIPHNQYKUUOCNNGTQTGSWCNVQVJGUOCNNGUVFGUKIPHNQY

QHCEQORTGUUQTPQV[GVCNNQECVGFKPETGCUGFYKVJVJGECNEWNCVGF*[UVGTGUKU

6JGTGUWNVQHVJGCWVQOCVKEHWPEVKQPECPUVKNNDGEJCPIGFKHTGSWKTGFD[CUUKIPKPICEQORTGUUQT

VQCPQVJGTQTPGYITQWRKPVJGPGZVUETGGP

/CPWCN

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+PUVTWEVKQPOCPWCN

%NKEMQPVJG#FFRTQHKNGDWVVQPKPVJGOCKP)TQWR/CPCIGOGPVEQPHKIWTCVKQPUETGGPVQ

ETGCVGVJGITQWRUOCPWCNN[#UUKIPGCEJEQORTGUUQTVQVJGFGUKTGFITQWR

)TQWR4GIWNCVKQP/QFG

(QTGCEJKPFKXKFWCNITQWRC2TGUUWTG4GIWNCVKQP/QFG1RVKOK\GF'PGTI[5CXKPI'SWCN9GCTQT

(QTEGF5GSWGPEGOWUVDGUGNGEVGFKPENWFKPIVJGEQPHKIWTCVKQPQHVJG1RGTCVKQP/QFGUGI2GTKQFKECN/CPWCNQT9GGM6KOGT/QFGQTGZVTCEQPHKIWTCVKQPKPUQOGECUGUGI'SWCN9GCT

1HHUGV6JGRTGUUWTG4GIWNCVKQP/QFGOWUVDGEQPHKIWTGFKPVJGUCOGYC[CUFGUETKDGFKPVJG

UGEVKQPU(QTEGF5GSWGPEGQT'SWCN9GCT

2TQHKNG%QPHKIWTCVKQP

#2TQHKNGECPDGFGHKPGFCUCRTGUUWTGTGIWNCVKQPTWNGVJCVCRRNKGUQXGTVJGITQWRU

2TQHKNG(QTEGF5GSWGPEG

.QCFKPIWPNQCFKPIUVQRRKPICPFUVCTVKPIEQORTGUUQTUKUFQPGKPCUEGPFKPIQTFGTQHVJGITQWR

UGSWGPEG

'ICEQORTGUUQTDGNQPIKPIVQCITQWRECPQPN[DGUVCTVGFNQCFGFKHCNNEQORTGUUQTUKPVJG

ITQWRQHVJGRTGXKQWUUGSWGPEGCTGNQCFGF

2TQHKNG'SWCN9GCT

6JG'SWCN9GCTJQWTUDGVYGGPITQWRUYKNNDGMGRVYKVJKPCFGHKPGFTCPIG'SWCN9GCTJQWTUHQT

GCEJITQWRKUECNEWNCVGFCUHQNNQYU

#XGTCIG4WPPKPIJQWTUQHVJGEQORTGUUQTUKPVJGITQWRQHHUGV

2TQHKNG%CRCEKV[/CPCIGOGPV

+PVJKURTQHKNGVJGTWNGUCTGCRRNKGFCUKP1RVKOK\GF'PGTI[5CXKPIUOQFG6JGUGNGEVKQPVQNQCF

WPNQCFCPFUVCTVEQORTGUUQTUYKNNDGDCUGFQPVJGCEVWCNHNQYFGOCPFCPFVJGEQUVQHC

UQNWVKQP6JGEJGCRGUVQTDGUVUQNWVKQPVQOGGVVJGTGSWKTGFHNQYFGOCPFYKNNDGGZGEWVGF

%QORTGUUQTKPHQTOCVKQPUETGGP

&GVCKNQHOCKPUETGGP

7PKV%QPVTQNNGT/QFG%QORTGUUQTOGUUCIGU

6JKUHKGNFKUWUGFVQUJQYEQORTGUUQTOGUUCIGUCPFVJGEQORTGUUQTEQPVTQNNGTOQFG

+HVJGEQORTGUUQTKUKUQNCVGFVJGKPHQTOCVKQPYKNNDGFKURNC[GFKPHQNNQYKPIRTKQTKV[ 5JWVFQYP

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+PUVTWEVKQPOCPWCN

%QPVTQNNGT/QFG.QECN.#04GOQVG

+HVJGEQORTGUUQTKUKPVGITCVGFVJGKPHQTOCVKQPYKNNDGFKURNC[GFKPHQNNQYKPIRTKQTKV[

5JWVFQYP

0QV4GCF[6Q5VCTV

9CTPKPI

%QORTGUUQT%QOOCPFU

%QPVTQNNGT/QFG.QECN.#04GOQVG

6JG%QORTGUUQTEQPVTQNNGTOQFGECPQPN[DGEJCPIGFQPVJGEQORTGUUQTKVUGNHCPFECPDG

.QECNEQORTGUUQTKUPQVTGCF[VQDGKPVGITCVGF

.#0EQORTGUUQTKUTGCF[VQDGKPVGITCVGF

4GOQVGEQORTGUUQTEQPVTQNNGTKUEQPVTQNNGFD[CVJKTFRCTV[U[UVGO

%NKEMQPVJG%QORTGUUQT%QOOCPF8KGYGTDWVVQPUGGUGEVKQP/CKPUETGGPVQOQPKVQTVJGEQOOCPFU

VQYCTFUCEQORTGUUQT6JKUKUQPN[RQUUKDNGHQTCPKPVGITCVGFEQORTGUUQTCPFHQTWUGTUYKVJVJGJKIJGUVCEEGUUNGXGN

7PKV+&

#DNKPMKPIPWODGTKPFKECVGUVJCVVJGEQORTGUUQTKUKUQNCVGFCUVGCF[PWODGTKPFKECVGUVJCVVJG

EQORTGUUQTKU+PVGITCVGFCPFWPFGT'5EQPVTQN

#UETGGPYKVJWPKVFCVCKPHQTOCVKQPRQRUWRD[ENKEMKPIQPVJGPWODGT

6JGUETGGPUJQYUCNNTGCFKPIUQHVJGEQORTGUUQT&GRGPFKPIQPVJGEQORTGUUQTV[RGVJGTGCFKPIUQP

VJGUETGGPOC[FKHHGT

%QOOWPKECVKQP5VCVWU

%QOOWPKECVKQP1-

!%QOOWPKECVKQP'TTQT

0QV4GURQPFKPI6JGEQORTGUUQTFKFPQVTGURQPFYKVJKPCTGCUQPCDNGVKOGVQCP'5EQOOCPF

7PKV6[RGPCOG7PKV6[RGCPF7PKV0COGCTGVQDGFGHKPGFFWTKPIVJGEQOOKUUKQPKPIRTQEGUU

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+PUVTWEVKQPOCPWCN

7PKV5VCVWU

5QOGUVCVWUGUCTGV[RGFGRGPFGPV

%QORTGUUQTU

&T[GTU

5VCVWU &GUETKRVKQP .QCF0Q.QCF 85&

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+PUVTWEVKQPOCPWCN

%JCPIKPIVJGRTGUUWTGTGIWNCVKQPOGVJQF

&GUETKRVKQP

2TGUUVJGDWVVQPVQEJCPIGVJGRTGUUWTGTGIWNCVKQPOGVJQF(QNNQYKPIUETGGPCRRGCTU

5GNGEVVJGFGUKTGFRTGUUWTGTGIWNCVKQPOGVJQFCPFRTGUUVJG1-DWVVQP

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Instruction Book

ES 130 - 130 V - 130 T

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What sets Atlas Copco apart as a company is our

conviction that we can only excel in what we do if we

provide the best possible know-how and technology to

really help our customers produce, grow and succeed.

There is a unique way of achieving that - we simply call itthe Atlas Copco way. It builds on interaction, on

long-term relationships and involvement in the customers

process, needs and objectives. It means having the

flexibility to adapt to the diverse demands of the people

we cater for.

Its the commitment to our customers business that

drives our effort towards increasing their productivity

through better solutions. It starts with fully supporting

existing products and continuously doing things better, but

it goes much further, creating advances in technology

through innovation. Not for the sake of technology, butfor the sake of our customers bottom line and

peace-of-mind.

That is how Atlas Copco will strive to remain the first

choice, to succeed in attracting new business and to

maintain our position as the industry leader.

Documents

2920170700