16
%#$ # !&""# % %’!#% &" %(%& ’$ -$, 5163 46/(2&$):(/163 17+$.,52163 151!52(3 -$, 15,- -$5$45"$5$ 2147!216/ (/5(.<3 16 46(2,.$%/(, %( & /23=8;5, 627 )3"&624 -5/21#%. %(05. ,-4* !-*,6*0!’ 2!#&05 $’!$&)7*,1* !(5! (!’ !10,1-,),6*0!’ $*&)#% +#( ’#( $,! (#($*% #((’% ’% #$’% ($’"% 2 /0*%5.2 6;1 571<3;1 )*1 57’"0 0*. 56,1 &16.*6>.5, 6,4 6322/3&6%&4 . *.5620#4 6,4 !>8,4 *11,&6" -& #9271 571#9*.& $-51.19- (,4,5"2,$ ( (,45217" &,$ 51$ $)# ( 51 $651-#/*51 2112,41# 2&14$28/,-:3 12’(3 6-.’(3 ,&$#1 $-51.19- (,4,5"2,$ ( (,45217" &,$ 51$ $)# ( 51 $651-#/*51 2112,41# 2&14$28/,-:3 12’(3 6-.’(3 ,&$#1 -(2’#)16/ 5$0,’(;16/ ##"#" ) #’ $) "’! 8<’24 8;0."+*. 56,1 73>, /0,3< 3&16 16* 8*3 #93. 62 6#024 /7’#31,5,4 )&1*.56>1 #2 3<(3&& *.923$(,5,4 *.9*.3$5*;1 * *73> (.& /"-* "1*3(2 27 -& 3250&’"1271 <.0* 1 2. 00,1*4 :,8%5271 3#*. 1& 72562=1 6.4 571#*.*4 #&+ )’ &!"$!"’ !#-)’ (*$&)0$ )’ #&! #$)%$ %"#/)! -’ . )!’ "#%’ )%* "! ! % !$ "# % .!# &,!( $ )%!! )$ ( )%* ()%*’ ##$’ ()$ &)-( %* )%#%/($ $ +!()(%*$ ) )& #!).))’ %* )%*’ ,$ !# )% /)&% "$ )$ %, $.$!% <6,4 &3."4 & #6324 2=/&4 & #6324 ,0.&3"/,4 & "124 3.("+,4 & ,$63,4 &+"/,4 & 6#0.24 &&-**0$4 & ,$63,4 5&(/"3,4 & &5%0,4 &*31"324 & &=024 &&)"624 & &5%0,4 23/%),4 & "/,4 2:%),4 & ,25-#1,4 &’’#6&4 & 6&=324 &3’2=1,4 & .>3(24 */"/,4 & ."11,4 &&(."11,4 & ! -5(%’0!’ #’! 0,* !*/& ,*0,#%7-#& *!* !5 0,1. ’, /0%*,6. /1*%-#0%. 0,1 7/0! &0& ,1 1-+% !*0’-5%$-,. 0,1 ),1 -,")&!0’/,6 #’! 0,* (/1#3-,*’/5 0&. ,’*4*!. ,1 $-1/% , &0&. %*7 3%’ $’!0%)/%’ (!’ /6",1),. 04* ’7-#,1 !!*$-,1 ,1( !!$,1 ’**& 0,1-*-! (!’ ((! !-$,6"%)& /( ()% &.# .$% )$ $)!)0!( )-$ !)!0$ %* )% &%"#%/$

-5/21#%.%(05.,- 4* ˛ ˛ ˘ ˚ ˇ ˝ ˙ˆ ˇ ˛ ˆ ˜˝ ˆ˛ ˚ˆ˙˝ˆ ˝ ˘˘ ˚ ˛ˇ · ˚ ˘˘ ˜˝ ˙ ˛˜ˆ˝ ˇ%#$ # !&""# ˝ ˆ ˙ ˆ ˆˇ ˆ ˇ ˆ˘ ˇ %˚%’!˚#˛˝%˙˝

  • Upload
    others

  • View
    11

  • Download
    0

Embed Size (px)

Citation preview

Page 1: -5/21#%.%(05.,- 4* ˛ ˛ ˘ ˚ ˇ ˝ ˙ˆ ˇ ˛ ˆ ˜˝ ˆ˛ ˚ˆ˙˝ˆ ˝ ˘˘ ˚ ˛ˇ · ˚ ˘˘ ˜˝ ˙ ˛˜ˆ˝ ˇ%#$ # !&""# ˝ ˆ ˙ ˆ ˆˇ ˆ ˇ ˆ˘ ˇ %˚%’!˚#˛˝%˙˝

�������������� ������������������ ���������� ���%#$���## ��!&""#�������������������� ����������������� �����������������������

������� �������� ����������������� �������������

����� �������

���������� ���� ������������������������

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

'����$�������������

-$,�5163�46/(2&$):(/163��17+$., 52163��151!52(3�-$,�15,- �-$5$45"$5$��2147!216/�

�����������������(/5(.<3���������16�46(2,.$% /(,�

��� �%����������(����&� �

������

��

����

���������

��������

��/23=8;5,627�)3"&624

�-5/21#%.�%(05.�,- 4*��!-*,6*0!'�2!#&05��$'!$&)7*,1*

!(5�!�(!'�!10,�1-�,),6*0!'

��������������� $*&) #%��+ #(�'#(���������

� ����� ����

����������������� ���������

�� ����� ������$,�!�( #($�*%������#( �('�%�'�%����#�$�'���%��(� �$�'�"�%�

������������������������

��2�/0*%5.2�6;1�571<3;1�)*1�57'"0�0*.�56,1�&16.*6>.5,6,4�6322/3&6%&4

��.�*.5620#4�6,4!>8,4��*11,&6"-&�#9271�571#9*.&

� ���� �

� �������� ������������� �����������������

������

��

���� ���� ���$-51.19- �(,4,5"2,$�(

(,45217"�&,$��� 51$�$)#(�51�$651-#/*51�������

�2112,41#���2&14$28/,-:3�

�12 '(3��6-. '(3�������,&$#1

���$-51.19- �(,4,5"2,$�((,45217"�&,$��� 51$�$)#(�51�$651-#/*51�������

�2112,41#���2&14$28/,-:3�

�12 '(3��6-. '(3�������,&$#1

-(2'#)16/

5$0,'(;16/

�� ������������������������������

��� �������� ������� �����

��� ��#���#�"#�"�����)�#'���$���)��� �"�'!

� 8<'24 8;0."+*.56,1 �73>,

������

������������������������������������ ������������������������������������ ������������������/0,3<�

3&16�16*�8*3#93.�62�6#024/7'#31,5,4��)&1*.56>1

�����#2�3<(3&&*.923$(,5,4*.9*.3$5*;1*�����*73>�(.&�/"-*

"1*3(2�27�-&3250&'"1271

�<.0* �������1 2. �00,1*4:,8%5271 � ���� 3#*.1& 72562=1 6.4 571#*.*4

��#��&�+��� )�' ���&!"�$!"�' �!�#-��)��'�(*$�&��)0$ )�' ��#�&! �#�$)%$����%"�#/�)�!�-' ��. )!' �"#%��' )%* ���"�! ���!���%���� �������!$��"�#���%��.!��#���&,!(��$���)%!����!�)�$���� �(��)%*�()%*'�##�$�'��()�$��&��)-(���%*�)%#�%/(�$�$����+!(��)�(%*$�)���)&��#!).)�)�'��%*�)%*'���,�$���!�#� ������)%��/)�&%���"��$��)�$���%,����$��.$!%

����� �

����� �

��������������������

����� �

�<6,4��&3."4�&� �������#6324��2=/&4��&� ����� �#6324��,0.&3"/,4��&� ������"124��3.("+,4��&� ����� �,$63,4��&+"/,4�&� ����� �6#0.24��&&-**0$4&� ������ �,$63,4��5&(/"3,4��&� �����&5%0,4��&*31"324�&� ���������&=024��&&)"624�&� ���������&5%0,4��23/%),4�&� ������ �"/,4��2:%),4�&� �������,25-#1,4��&''#6&4�&� ������ �6&=324��&3'2=1,4�&� ���������.>3(24��*/"/,4�&� ������ �."11,4��&&(."11,4���&� ����

����� ���!� ��������

�-5(%'0!'�#'!�0,*��!*�/&��,*0,#%7-#&���*!*�!�5�0,1.��',�/0%*,6.�/1*%-#�0%.�0,1��7/0!��&� 0&���,1�1��-+%�!*0'�-5%$-,.�0,1��� ),1��-,")&�!0'/�,6�#'!�0,*� (/1#3-,*'/�5�0&.��,'*4* !.���� �����,1� $-1/%�,��&� 0&.��%*7�3%'�$'!0%)�/%'�(!'�/6�",1),.�04*��'7-#,1��!�!*$-�,1���,1(���!�!$��,1���'�**&��0,1-*�-!�(!'��( (!��!-$,6"%)&�

�/(� ()% �&.�#��� �.$% �� )�$ �$)!��)0�!(��)-$��!)!0$��%*�)%��&%"�#%/$

Page 2: -5/21#%.%(05.,- 4* ˛ ˛ ˘ ˚ ˇ ˝ ˙ˆ ˇ ˛ ˆ ˜˝ ˆ˛ ˚ˆ˙˝ˆ ˝ ˘˘ ˚ ˛ˇ · ˚ ˘˘ ˜˝ ˙ ˛˜ˆ˝ ˇ%#$ # !&""# ˝ ˆ ˙ ˆ ˆˇ ˆ ˇ ˆ˘ ˇ %˚%’!˚#˛˝%˙˝

� ����� �������� ��������������

���������!��YX^�G`NR�YNZRGTQNR�P�SXRVbVRSHJ\_FTR\P��YGZJV�]P[�JVNZLIJ[�SJR�]bV�YX�TR]RSgV�TR]e]P]J[��QNUNTRgMP�KF\P�]P[

G`NR�SJR�]X�'���"��%$(��SXfZNUJ��YX^�GTJKN� gZJUN�]X������/^]H�eUb[�P�SJ]J\]ZX_RSH�\^VGYNRJ�]X������X_NITN]JR�e`R�JYTg[�\N�N\_JTUGVP��JTTFSJR�\N�YJZFVXUP�YZXdYeQN\P��UN�KF\P�]PV�N^�ZbYJcSH�NVb\RJSH�GVVXUP�]FWP��

.Ub[�X�YXTI]P[�]P[�-Vb\P[�UYXZNI�VJ�NYR�SJTNI]JR�]X^[�SJVeVN[�]P[�NVb\RJSH[�GVVXUP[]FWP[�����-VJ�]G]XRX�MRSJIbUJ�NYISTP\P[�\^VN�YFLN]JR�J ]XUF]b[�SJR�]PV� YX`ZGb\P�N_JZUXLH[]X^�SJVeVJ�YX^�NYRSJTNI]JR�X�RMRg]P[�*YXTI]P[]P[�-Vb\P[��8JR�XR�SJVeVN[�J^]XI�JVJ_GZXV]JRNV]JfQJ��LRJ�]P�QNUNTIb\P�]P[�YJZXf\J[�YJ�ZGUKJ\P[���

?]PV�YNZIY]b\P�]X^�����R\`fNR�LRJ�]J�/\_J�TR\]RSF�@JUNIJ�e�]R�R\`fNR�SJR�LRJ�]PV�3^ZbYJcSH8NV]ZRSH�@ZFYNOJ��38@����

@X�����J_XZF�J^\]PZg[�RMRb]RSe�]XUGJ��E\]e�\X��]X�����YX^�GTJKN� gZJ��� \N�KFZX[�]bV�/\_J�TR\]RSgV�@JUNIbV�J_XZXf\N�MRJMRSJ\IJ������������$ "���& �&����$�������SJR�e`R��"�&�$�����$ "��& �&����$��������2PTJMH�J_XZXf\N�MRJMRSJ\IJNV]NTg[�YJZFVXUP��

.Yb[�b[�MPUe\RX[�]XUGJ[�P�3^ZbYJcSH8NV]ZRSH�@ZFYNOJ��38@���NWJRZGQPSN�JYe�]X�����G]\R�GYZNYN�VJ�NWJRZNQNI�SJR�P�\^LSNSZRUGVPYNZIY]b\P�]bV�/\_JTR\]RSgV�<ZLJVR\UgV�JYe]X������@^`eV�MN�R\`^ZR\Ue[�e]R�P�JLXZF�XUXTeLbVJYe�]J�/\_JTR\]RSF�@JUNIJ��J_XZF�YZFWP�RMRb�]RSXf�MRSJIX^��b[�'NYR`NIZPUJ(�NIVJR�YZXMHTb[NWbVXURSe��,TTb\]N��]G]XRX�NYR`NIZPUJ�MNV

UYXZNI�VJ�N^\]JQH\NR�SJR�b[�YZX[�]PV�38@��/\_JTg[�P�^YeQN\P�J^]H�MNV�UYXZNI�YJZF

VJ�G`NR�\^VG`NRN[�JSeUP�SJR�\N�NYIYNMX�YZb�]XKX^TIJ[�YXTR]gV��8JR�]Xf]X�LRJ]I�X�YXTI]P[]P[�-Vb\P[�b[�G`NR�YZXNS]NQNI�UYXZNI�VJ�NYR�SJTN\QNI�]e\X�NVgYRXV�]bV�3QVRSgV�/Z`gV�SJRMRSJRXMX]RSgV�<ZLFVbV��e\X�SJR�NVgYRXV�]bV3Vb\RJSgV�/Z`gV�SJR�]X �MRSJRXMX]RSXf�<ZLFVX^]P[�3^ZbYJcSH[�-Vb\P[�]X^[�SJVeVN[�JS^Ze�]P]J[�

?N�SFQN�YNZIY]b\P�JZUXMRe]P]J�JS^Zb]RSH[MRJMRSJ\IJ[� _I\]J]JR�YFV]X]N���AYFZ`X^V��FT�Tb\]N��2RSJ\]G[�\]X�9X^WNUKXfZLX��

��("#��"*+'("#�����'��%�

5�SXRVbVRSH�J\_FTR\P�b[�QN\Ue[�G`NR�KJ�Qf]J]N[�R\]XZRSG[�ZION[��/Ye�]J�]GTP�]X^��X^JRgVJ��S^ZIb[�eUb[�SJ]F�]P�MRFZSNRJ�]X^��Xf�X�QN\Ue[�]P[�SXRVbVRSH[�J\_FTR\P[�MRJUXZ_gQPSNb[�S^ZIb[�GVVXUX�JLJQe���@X�YZg]X�XTXSTPZbUGVX\f\]PUJ�SXRVbVRSH[�J\_FTR\P[�NU_JVI\QPSN\]P�1NZUJVIJ�JYe�]X������:N�]X�\f\]PUJ�J^]eSJQRNZgQPSN�P� YX`ZNb]RSH�J\_FTR\P�]bV�UR�\Qb]gV�SJ]F�]P[�J\QGVNRJ[�SJR�]X^�J]^`HUJ]X[�:N]GYNR]J��]X�����P�J\_FTR\P�NYNS]FQPSN�SJRSFT^aN�]X�LHZJ[�SJR�]PV�JVJYPZIJ��

@X�YJZFMNRLUJ�]P[�1NZUJVIJ[�SJR�FTTbV`bZgV�YX^�JSXTXfQP\JV�J_XZF�\]X�LVb\]eSTJ\RSXf�]fYX^�\f\]PUJ�SXRVbVRSH[�J\_FTR\P[�# �������#%"�������@X�\f\]PUJ�J^]e�JYXKTGYNR\]PV�YZX\]J\IJ�]bV�UR\Qb]gV��JTTF�SJR�FTTbVSJ]PLXZRgV�NZLJOXUGVbV��Y�`��NTN^QGZbV�NYJL�LNTUJ]RgV�SJR�JLZX]gV���GVJV]R�]bV�J\_JTROeUNVbVSRVMfVbV��UN�G\XMJ�YX^�YZXGZ`XV]JR�SJ]F�KF\PJYe�]R[�NR\_XZG[�]bV�NZLXMX]gV�SJR�]bV�NZLJ�OXUGVbV�UN�NWJZ]PUGVP�NZLJ\IJ��UN�N^QfVP�]X^NZLXMe]P��SJQg[�SJR�UN�NR\_XZG[�]X^�J^]JYJ�\`XTXfUNVX^��=FV]b[�\N�URSZe]NZX�KJQUe�\^U�KFTX^V�SJR�XR�SZJ]RSG[�NYR`XZPLH\NR[�S^ZIb[b[�YZX[�]R[�SfZRN[�\^V]FWNR[�

�"�"#0+�(���"��+!%��$$���

<�QN\Ue[�]P[�SXRVbVRSH[�J\_FTR\P[�\]PV3TTFMJ�NU_JVI\QPSN�\`NMeV�UN�]P�\f\]J\P�]X^NTTPVRSXf�SZF]X^[��E\]e\X�X�YZg]X[�J\_JTR\]RSe[XZLJVR\Ue[�QNbZNI]JR�]X�;J^]RSe�/YXUJ`RSe@JUNIX��;/@��������SJR�\]P�\^VN`NIJ�]X�@JUNIX

]bV�:N]JTTbZf`bV��������AY+�eaRV�e]R�JYe�]X���TJUKFVN]JR�P�YZg]P�YZeVXRJ�LRJ�\fV]JWP\]X^[�MPUX\IX^[� YJTTHTX^[��NVg�NR\FLN]JR�SJRX�QN\Ue[�]P[�NYRSX^ZRSH[�J\_FTR\P[�UN�]PVIMZ^\P�]X^�:N]X`RSXf�@JUNIX^�?]ZJ]Xf�SJR;J^]RSXf�SJQg[�SJR�]X^�:N]X`RSXf�@JUNIX^=XTR]RSgV�AYJTTHTbV��?]P�\^VG`NRJ�JSXTXfQP\JV]J�3RMRSF�@JUNIJ�]bV�@ZJYNORSgV�]bV�?RMPZX�MZXURSgV�STY��/Ye�]X�� �MN�XZLJVgVXV]JRSJR�]J�@JUNIJ�]bV�J^]XJYJ\`XTX^UGVbV�YX^J_XZXfV�\]X^[�2RSPLeZX^[��\]X^[�7J]ZXf[��\]X^[:P`JVRSXf[�STY��/SXTXfQP\JV�]X�78/������X�MRJVNUP]RSe[�TXLJZRJ\Ue[�XRSXLNVNRJSgV�NYR�MXUF]bV�UR\Qb]gV��� ���YX^�SJ]GTPWN�\]P�MP�URX^ZLIJ�]X �</32��X�<1/�SJR�]P�UN]JYXTR]N ]RSHYNZIXMX�]X�@3/:�������]X�XYXIX�NYGS]NRVN�]PVJ\_JTR\]RSH�SFT^aP�UN�NYRSX^ZRSG[�YJZX`G[]bV�NZLJOXUGVbV�\]XV�RMRb]RSe�]XUGJ��XR�XYXIXRUG`ZR�]e]N�MNV�NI`JV�NYRSX^ZRSH�J\_FTR\P�

/Ye�]J�YZXJVJ_NZeUNVJ�YZXSfY]NR�Ye\XKJQRF�NIVJR�ZRObUGVP�\]P�\^VNIMP\P�]X^�GTTPVJYXTI]P�SJR�NZLJOeUNVX ��\]X�MPUe\RX�SJR�RMRb]RSe]XUGJ�JTTF�SJR�\]PV�NTNfQNZP�XRSXVXUIJ��P�SXR�VbVRSH�]X^�J\_FTR\P��P�J\_FTNRJ�ObH[�SJR^LNIJ[��JTTF�SJR�P�\^V]JWRXMX]RSH�]X^�JYXSJ�]F\]J\P��LRJ�URJ�JWRXYZNYH�MRJKIb\P�e]JV�]NZ�UJ]I\NR�]XV�NZLJ\RJSe�]X^�KIX�SJR�JYX`bZH\NRJYe�]PV�YJZJLbLRSH�MRJMRSJ\IJ�

.]JV�P�3TTPVRSH�2PUXSZJ]IJ�YZX\`gZP\N\]PV��]e]N��3^ZbYJcSH�<RSXVXURSH�8XRVe]P]J�HMP�3^ZbYJcSH�-Vb\P��NV\bUF]b\N�UN�FUN\PR\`f�UGLJ�UGZX[�]bV�MRJ]FWNbV�]X^�SXRVX]RSXfSNS]PUGVX^����!%�#�� ��%��%$��"���YX^�J_X�ZXf\N�SJR�J_XZF�\]PV�J\_JTR\]RSH�YZX\]J\IJ]X^�YTPQ^\UXf��-]\R�UN�]X�FZQZX�� �]P[�=ZFWP[=ZX\`gZP\P[�XR�MRJ]FWNR[�]X^�8JVXVR\UXf

������YX^�J_XZXf\JV�\]PV�R\e]P]J�UN�]J`NIZR\P[�]bV�JYXMX`gV�]bV�NZLJOXUGVbV��\]J\^VMRSJTR\]RSF�MRSJRgUJ]J�SJR�\]R[�\^VXTRSG[YJZX`G[��JYX]GTN\JV�J^WPUGVP[�]^YRSH[�R\`fX[SJVeVJ�MRSJIX^��

�"�0�/)��%+��+',������$����.2(�����

<R�MPUX\RXVXURSXI�QN\UXI�\]PV�3TTFMJ�YX^J_XZXfV�\]PV�SXRVbVRSH�J\_FTR\P���� H]JV�]JS^ZIb[�QfUJ]J�]X^�YNZI_PUX^������<R�MRJ]FWNR[YX^�J_XZXfV��J��\]X�;��� ����YX^�QN\YIONR]X^[�'8JVeVN[�]ZXYXYXRH\Nb[�]I]TbV��NSMe\Nb[H�NLL^H\Nb[�]X^�3TTPVRSXf�2PUX\IX^�UN�\^U�_bVIJ�]bV�<UXTXLRXf`bV(��K��\]PV�=ZFWP� �]P[�����YX^�QN\YIONR�]PV�'-VJZWP�MRJMRSJ\IJ[]ZXYXYXIP\P[�NYRTGWRUbV�]I]TbV�SJR�SJQXZR\Ue[eZbV�JV]JTTJLH[�]X^[(��L��\]PV�=ZFWP���]P[������YX �Z^QUIONR�]PV�'-LSZR\P�]P[�JYe_J\P[]bV�<UXTXLRXf`bV�LRJ�]PV�]ZXYXYXIP\P�]bV�NYR�TGWRUbV�]I]TbV��eYb[�KNKJRgQPSN�JYe�]PV�@ZFYNOJ]P[�3TTFMX[�b[�2RJ`NRZR\]H�]P[�2RJMRSJ\IJ[(SJR�M��\]PV� Y+�JZRQU�����������/�=ZFWPYX^�J_XZF�\]PV�^TXYXIP\P�]P[�]ZXYXYXIP\P[]bV�NYRTGWRUbV�]I]TbV�XUXTeLbV�S]T���^YHZWJVJYXTf]b[�SJ]J\]ZX_RSG[��b[�JVJLSJ\]RSG[�MRJ�]FWNR[���SJQe\XV�H]JV��SXRVbVRSH�J\_FTR\P�UN]J�� � +#���� YX^�J_XZXfV�NVNZLXYXIP\P�]bVZP]ZgV�\^TTXLRSH[�MZF\P[�� � NYRKTHQPSN�JVJL�SJ\]RSg[�P�TNLeUNVP��JVJMRFZQZb\P�]X �NTTPVRSXf`ZGX^[�UN���"�&�$�����$ "���& �&����$�������8J]+�X^\IJV�eUb[��LRJ�]J�/\_JTR\]RSF�@JUNIJ�J_XZXfV�\fU_bVJ�UN�]X�XZLJVb]RSe�SJR�TNR�]X^ZLRSe�SZR]HZRX��VXURSF�YZe\bYJ�MPUX\IX^MRSJIX^�SJR�S^ZIb[��eYb[� YX\]PZIONR�X�IMRX[�XSNV]ZRSe[�@ZJYNOI]P[�1NgZLRX[�/Q��=ZXKeYX^TX[�MPUX\RXVXURSXf[�QN\UXf[�SJR�GYZNYN�ZP]g[�VJNWJRZNQXfV�]X^������

)�(')�+!%��%/*"�#���%%'�!�+�&!

/VJ_XZRSg[�UN�]J�MNMXUGVJ�]P[�NVb\RJSH[GVVXUP[�]FWP[��]P[�XYXIJ[�XR�YZeVXRN[�SJR�JWRg\NR[G`X^V�_JTSRMN^]NI�UN�KF\P�]X�����NYI�]P[�SXR�VbVRSH[�J\_FTR\P[��R\`fX^V�JV]I�YXTTgV�]JNWH[�

?fU_bVJ�UN�]R[�MRJ]FWNR[�]bV�YZb]XLNVgV?^VQPSgV�YX^�J_XZXfV��J��\]X�FZQZX��?33UN�KF\P�]X�XYXIX�H�-Vb\P�KJ\ION]JR�\]R[�/WIN[

]X^�\NKJ\UXf�]P[�JVQZgYRVP[�JWRXYZGYNRJ[�]P[�R\e]P]J[��]X^�SZF]X^[�MRSJIX^�SJQg[�SJR]X^�\NKJ\UXf�]bV�JVQZbYIVbV�MRSJRbUF]bV��K�\]R[�YJZ��SJR���]X^�FZQZX^���?33�YX^�QN\UX�QN]XfV�]PV�/WIJ�]P[�N^PUNZIJ[�]bV�TJgV�]P[-Vb\P[��L��\]X�FZQZX���?33�YX^�J_XZF�\]PVJVJLVgZR\P�]bV�MRSJRbUF]bV�]X^�CFZ]P�]bV�6N�UNTRbMgV�2RSJRbUF]bV�]P[��3^ZbYJcSH[��-Vb\P[�\N�\^VFZ]P\P�SJR�]J�FZQZJ� ���?933�YX^J_XZXfV�\]PV�SXRVbVRSH�YZeXMX��RMZfXV]JR�J^�\]PZF�SNS]PUGVJ�]bV�XYXIbV�XR�YJZJKRF\NR[\^VNYFLXV]JR�JS^Zb]RSG[�\^VGYNRN[�

3YI\P[�FWRX�JVJ_XZF[�NIVJR�e]R�X�8XRVX]RSe[CFZ]P[�]bV�QNUNTRbMgV�MRSJRbUF]bV�]bV�NZLJ�OXUGVbV�]X^�����NYRSJTfY]N]JR�YTGXV�JYe�]XVCFZ]P�6NUNTRbMgV�2RSJRbUF]bV�]P[��3^ZbYJcSH[�-Vb\P[��]XV�XYXIX�MRJSHZ^WJV�YJVPL^ZRSF�\]P;ISJRJ��\]R[���2NSNUKZIX^������]X�3^ZbYJcSe8XRVXKXfTRX��]X�?^UKXfTRX�SJR�P�3YR]ZXYH���<CFZ]P[�MN�]X^�����YTNXVNS]NI�GVJV]R�]X^�CFZ]P]X ������J_NVe[�LRJ]I�SJ]X`^ZgVNR�]J�SXRVbVRSFMRSJRgUJ]J��SJR�eTN[�]R[�J]XURSG[�NTN^QNZIN[]bV�YXTR]gV�]P[�-Vb\P[�SJR��J_N]GZX^��LRJ]INIVJR�NYR\HUb[�LNVRSg[�JYXMNS]e[�JYe�eTJ�]JSZF]P�UGTP��

<R�YZXJVJ_NZeUNVN[�J^\]PZG[�MRJ]FWNR[�\N\^VM^J\Ue�SJR�UN�]R[�XRSNIN[�\^V]JLUJ]RSG[�MRJ�]FWNR[���JYXMNRSVfX^V�e]R�]X�����\N�KFZX[�]bV<ZLJVR\UgV�8XRVbVRSH[�/\_FTR\P[�JYXMXSR�UFON]JR�JYe�]PV�NVb\RJSH�GVVXUP�]FWP��<R�YXTI]N[UYXZXfV�VJ�JWRXYXRH\X^V�]P�M^VJ]e]P]J�YX^]X^[�YJZG`NR�]X�SXRVX]RSe�SJR�HMP�NVb\RJSe�SN�S]PUGVX��

�� ��������������,D��*.0��9>@�*..����!���!���!���""$���� �� � �����,D��5�+��(?�;GBA(N���� ����+�6.0� ��������� ,D��-?OG=BFH�+A�2GF<N)FKDFH�.DD@EBCF:�*@(FIBF�

EF(BCF:�/?I(F:��.C>NI?BH�+EJ�1�37CCFKD;H������I?D����C;B�?)��C;B�B>:MH���C;B���

����4;��"�"$�?:E;B�(?J;JG8LB(?H�F(FDF=:?H�K)N�;:G?I@��"!%�!��!%��"!&�#%�� ���"!�$���

����,D��253����6.0���������

����*'%(������!��'� �(��� ��%'���)*���#/*�*��� +',*� �� � �)*�'���

*�(��!!���(� ���)*���+',&�- �� � �)*�'����*'�)�%.'�%+� ���

�%+$�"�%.'�%+�������������

������������������������������ ��������������������������

�0,9/938&6���0�'2046� 0$8746

�+0418.7'(�������� ����,38501$�*5(:,'(���&�.8546������������/&3(

����������#����%�����"!%#�!�'$��##.2,:;301<�1%3854������������ �������������

"=�)49246�%1+47.6��"�=546�"495�,2'+.6

��� ���� ���������

���2-!�#�$���+'%��"2(�'����',��&� �"������1+�(!��,#�"(����$��"�*+',)�*,%'�"$!+�)�+!)�����"�$%��������%�����Bg_P�1NVVPUJ]FYZX\YJQNI��VJ�JVJ\]H\NR�]PV�8NV]ZXJZR\]NZF�UN�]PV�NTYIMJ�VJ�MNR�SJR�P�IMRJ�SFYXRJ�JVF�\]J\P��b[�JZ`PLe[�SeUUJ]X[��@X^�=/?<8H�SF]R�]G]XRX��

?]PV�YZX\YFQNRJ�J^]H�MNV�NIVJR�UeVP]P[��J_Xf�NTYIONR�\N�JVF\]J\P�]P[�)8NV�]ZXJZR\]NZF[�SJR�X��1RgZLX[�/VMZGJ�=J�YJVMZGX^���

8JR�NYNRMH�MNV�NIVJR�YXTTXI�J^]XI�YX^]X^[�MIVX^V�\PUJ\IJ��JYX_F\R\JV�VJ�WJ�VJMXSRUF\X^V�SFYXRJ�\^VNZLJ\IJ�

1RJ�]PV�Bg_P�1NVVPUJ]F�]PV�XYXIJ�JU�_R\KP]XfV�YXTTXI�KX^TN^]G[�]X^�=/?<8�TXWXSXR]FOXV]J[�YZX[�]XV�3^FLLNTX�0NVROGTX�'<�=JYJVMZGX �JWIONR�UIJ�MNf]NZP�N^SJRZIJ(��

?]X�YTJI\RX�TXRYeV�]P[�YZb]XKX^TIJ[]P[��JLbVIJ[�]P[���LRJ�]PV�JVJ\^LSZe]P\P]P[�8NV]ZXJZR\]NZF[��\PUNIb\N�Yb[�X�1RgZ�LX[�=JYJVMZGX �JWIONR�UIJ�MNf]NZP�N^SJRZIJ�LR�J^]e�SJR�]X^�G\]NRTN�URJ�3YR\]XTH�UN]X^[�eZX^[�SJR�]R[�YZXdYXQG\NR[�\^VNZLJ�\IJ[��2RN^SZRVIOXV]J[�eUb[�Yb[�P�YZe\STP\H]P[�MNV�J_XZF�]PV�NYJVGV]JWH�]X^�\]X�=/�?<8��'JTTF�]P�\^UYeZN^\P�LRJ�]P�MPUR�X^ZLIJ�NVe[�UNLFTX^�YXTR]RSXf�SJR�SXRVb�VRSXf�ZNfUJ]X[�\]X�`gZX�]P[�8NV]ZXJZR�\]NZF[(�

<�1�/��=JYJVMZGX^�JYFV]P\N�JUG\b[]XVIOXV]J[�eUb[�e]R�J^]H�]PV�NYX`H�MNVG`NR�SJVGVJ�VePUJ�VJ�LIVN]JR�\^OH]P\P��LRJ8NV]ZXJZR\]NZF�JV�MNV�YNZRTJUKFVN]JR

\]PV�YZX\YFQNRJ�SJR�X)�?A>74/��5�QG\P]X^�1�/��=JYJVMZGX^�]XV�MRJ_XZXYXRNI�JYe]X�=/?<8�SJR�NRMRSF�JYe�]PV�]F\P�]bV�0N�VROGTX^�9XKGZMX^���1RJ�]PV�S��1NVVPUJ]FeUb[��P�8X^UX^VMXfZX^�MN� bZF�\N�J^]eV]XV� Ye�MRJUeZ_b\P�MRFTXLX��,ZJ�MNV�LVb�ZIOX^UN�YXRX[�QJ�Mg\NR�\N�YXReV�J^]H�]PMNf]NZP�N^SJRZIJ��<^\RJ\]RSF�MNV�LVbZI�OX^UN�JV�QJ� YFZWNR�URJ�MNf]NZP�N^SJRZIJLRJ�]PV�YNZI_PUP�8NV]ZXJZR\]NZF��J_XfXR�\^UUN]G`XV]N[�\+�J^]HV�SXR]XfV�eTXSJR)�MNWRe]NZJ��

5�Bg_P�1NVVPUJ]F��G\]NRTN�NYR\]XTHSJR�\]XV�?]JfZX�6NXMbZFSP��UN�]XV�XYXIX]X�=/?<8�G`NR�SJTH�NYRSXRVbVIJ��@X�QGUJNIVJR�Yb[�X�?]JfZX[�6NXMbZFSP[�MNV�G`NR

SJTH�NYRSXRVbVIJ�UN�]X^[�KX^TN^]G[�]X^XR�YNZR\\e]NZXR�]bV�XYXIbV�SXR]FOX^V�HMPYZX[�]J�MNWRF��

5�S��1NVVPUJ]F�LVbZIOXV]J[�]R[�R\XZZXYIN[NV]e[�]P[�8XRVXKX^TN^]RSH[�<UFMJ[�]X^=/?<8�YZX\QG]NR�Yb[�SJR�X�YZgPV�YZeNMZX[]X^�=/?<8�3^FLLNTX[�0NVROGTX[�'NIVJRYJZgV�SJR�MIVNR�]R[�UF`N[�]X^�LRJ�]P�2PUX�SZJ]RSH�?^UYJZF]JWP(��b\]e\X�NWHLP\Ne]R�'YFV]J� YHZ`JV�MRJ_XZN]RSG[�JYeaNR[\]X�N\b]NZRSe�]X^�=/?<8(���/VJ_NZeUNVP\]P�MRJLZJ_H�]X^�S��1ZPLXZFSX^��GSJVNTeLX�LRJ�'JVNYI]ZNY]P�\]F\P(�JYe�]PV�YTN^ZF]X^��\PUNRgVXV]J[�e]R�MNV�MRJLZF_PSN�LRJ]R[�JYeaNR[�]X^��@J^]e`ZXVJ��JYXSFT^aNYb[�MNV�G\]NRTN�NYR\]XTH�\]XV�0J\ITP�9N�

KGV]P��NWJYXTfXV]J[�Y^ZF�SJ]F�]X �YZXGMZX^]P[�-Vb\P[�8NV]ZgbV��2NV�G\]NRTJ�NYR\]XTH\]XV�S��9NKGV]P��LRJ]I�P�\]F\P�]X^�NIVJR�JV�]R_J]RSH�J^]e�]X�MRF\]PUJ��-`NR�YNR�YZFL�UJ]J�SJ]g]NZJ��]bV�YNZR\]F\NbV�

?N�e]R�J_XZF�MN�]PV�PLN\IJ�]P[�)8NV�]ZXJZR\]NZF[�\PUNIb\N�e]R�'5�SXRVbVIJ�QJNYRTGWNR�YXRX[�QJ�NIVJR�NYRSN_JTH[�]P[�UN�LFTP[�MPUXSZJ]RSH[�YJZF]JWP[(�

@PV�gZJ�YFV]b[�YX^�P�S��1NVVPUJ]FJLbVION]JR�MRJ�]PV�NYRKIb\P�]P[�8NV]ZXJ�ZR\]NZF[��X�JYXYNU_QNI[�9NbVIMJ[�1ZPLX�ZFSX[�SJTNI�]XV�8g\]J�?PUI]P��VJ�JVJTFKNRJ^]e[�YZb]XKX^TIJ�LRJ�]PV�JVJ\^LSZe]P\P]P[�8NV]ZXJZR\]NZF[��

?^Vb\]R\Ue[�

�������������������������������������!�������������������������� ����������� ������������!�@X^ ����������

��!"��#��"� ����YZX[�]X�SGV]ZX�NIVJR]X�S^ZIJZ`X�\]XI`PUJ�]X^�8^ZRFSX^:P]\X]FSP��UN]F�]PV�NSTXLH�]X^��\]X]RUeVR�]P[�YJZF]JWP[���@X�NYR]NTNIX]X^�YZXGMZX^�]P[�;2�NZLFON]JR�Y^�ZN]bMg[��g\]N�NVeaNR�]X^�NYRSNIUNVX^?^VNMZIX �]X �SeUUJ]X[��VJ� YFZWX^VXR�YZXdYXQG\NR[�LRJ�UN]JLZJ_G[�SNV�]ZgbV�\]NTN`gV�SJR�VJ�NYR]N^`QNI�PMRNfZ^V\P�

?]X�YTJI\RX�J^]e��P�MRJLZJ_H�URJ[STJ\RSH[�MNWRF[�YNZIY]b\P[��YX^YXTTXI�QNbZXfV�JSZJIJ��J^]H[�]X^BJHTX^�8ZJVRMRg]P��QNbZHQPSN�JYX�Tf]b[�TXLRSH�LRJ�]X^[�\]ZJ]PLRSXf[\`NMRJ\UXf[�:P]\X]FSP�

<R�\]NVXI�\^VNZLF]N[�]X^�YZXGMZX^MIVX^V�]X�RMNXTXLRSe�SFVXV]J[�TeLXLRJ�GVJ�SNV]ZgX��UN]JZZ^QUR\]RSe��NS�\^L`ZXVR\]RSe�SJR�_RTNTNfQNZX�SeUUJ�NVg�MNV�YJZJTNIYX^V�VJ�J_HVX^V�JVXR�S]e�]X�NVMN`eUNVX�]P[�GV]JWP[�YZX�\bYRSX]H]bV�JYe�]X�TNLeUNVX�UN\JIX`gZX�

���+��(�-�) ��#*,�.('%"*+2%�

5�\NVJZRXTXLIJ�YX^�QGTNR�NYgV^UJYZe\bYJ�]X^�?PUR]RSXf�UYTXS��eYb[XR�CZ^\X`XcMP[��2RJUJV]XYXfTX ��=J�YJMeYX^TX[�VJ�NV]F\\XV]JR��H�VJ�\^�VNZLFOXV]JR�UN�]P�;2��JTTF�SJR�]PVYZX\MXSIJ�LRJ�YZX\`bZH\NR[�\]NTN`gV

JYe�]X�=X]FUR�SJR�]X^[�/;39��\]PV?^LLZXf�SFVX^V�eVNRZJ)

?]J�\`GMRJ�:P]\X]FSP�SJR�P�\]ZJ�]XTeLP\P�YZX\gYbV�JYe�]XV�JSJMP�UJcSe� gZX�SJR�]X�NYR`NRZNIV��NVg�\]XI�`PUJ�JYX]NTNI�P�NYR\]ZX_H�eTbV�NSNI�VbV�]bV�'LJTFORbV(�aP_X_eZbV��YX^JYXLXP]N^UGVXR�NI`JV�JYXUJSZ^VQNIJYe�]P�;2�SJR�NI`JV�aP_I\NR�?A>74/�

:FTR\]J�X�/V]RYZeNMZX[�8b\]H[CJ]OPMFSP[�X�XYXIX[�J\`XTNI]JR�UN]PV�SJ]FZ]R\P�]X^�S^KNZVP]RSXf�YZX�LZFUUJ]X[�]P[�;2�G`NR�HMP�NV]FWNR\]R[�\`N]RSG[�NYR]ZXYG[�SJQPLP]G[�=J�VNYR\]PUIX^�YX^�NI`JV�MRJ]NTG\NR�\fU�KX^TXR�]X^�8g\]J�?PUI]P��]X^�3^FL�LNTX^�0NVROGTX^�SJR�]X^�1RgZLX^�=J�YJVMZGX^��MRJMZJUJ]IOXV]J[�ZeTX�NYIS^KNZVH\NbV�=/?<8�

?]X�3YR]NTNIX�:P]\X]FSP�NS]RUXfVe]R�P�_QXZF�]P[�S^KGZVP\P[�?A>74/�/;39�SJR�XR�JT^\RMb]G[�YXTR]RSG[�NWN�TIWNR[�QJ�_GZX^V�]P�;2�\N�MRJSZR]e�NSTX�LRSe�YZXKFMR\UJ�SJR�]X�YTNXVGS]PUJ]X^�YZXGMZX^�]P[�GVJV]R�]X^�/TGWP@\IYZJ�QJ�NIVJR�SJQXZR\]RSe�\]PV�SFTYP�?]X�YTJI\RX�J^]gV�]bV�NS]RUH\NbV�PKJZf]P]J�YG_]NR�\]PV�XRSXMeUP\P�]X^YZX_IT�]X^�JZ`PLXf��g\]N�eYb[�TGVN`JZJS]PZR\]RSF�\]PV�?^LLZXf�'SJR�UeVX[]X^�QJ�SNZMI\NR�]XV�@\IYZJ(�

��-0�')�+',���&"'1�#0���+')

@PV�IMRJ�gZJ�XR�\^VNZLF]N[�]X^�8^�

ZRFSX^�:P]\X]FSP�YJZJSXTX^QXfVUN�RMRJI]NZX�NVMRJ_GZXV�]PV�SRVP]RSe]P]JNV]e[�FTTbV�SXUUJ]RSgV�\`PUJ]R\UgV�eYb[�]X�=X]FUR�]X^�?]JfZX^�6NXMb�ZFSP�SJR�]X�=/?<8��NVg�_ZXV]IOX^VVJ�SZJ]XfV�MRJfTX^[�NYRSXRVbVIJ[�UN\]NTG`P�]bV�/;�39�]X^�=FVX^�8JU�UGVX^�

:YXZNI�]X�NYR]NTNIX�:P]\X]FSP�VJNU_JVION]JR�af`ZJRUX��JYGVJV]R�\]J\NVFZRJ�SJR�]R[�YTPZX_XZIN[��LRJ�SR�VH\NR[�MPURX^ZLIJ[�VGX^�SeUUJ]X[\]J�MNWRF�]P[�;2��JTTF�P�JTHQNRJ�NIVJR

e]R�\]PV�?^LLZXf�_XKXfV]JR�URJ�]G]XRJNWGTRWP��8R+�J^]e�NYNRMH�QNbZXfV��e]RJV� YFZWNR�SJQJZeJRUX�MNWRe�SeUUJ�MNV�UYXZXfV�VJ�JYXSTNR\]XfV�MRJZZXG[YZX[�J^]e��\]NTN`gV�]P[�9JcSH[�2NWRF[�CJZJS]PZR\]RSe�]bV�_eKbV�]P[�?^LLZXfNIVJR�]X�\`eTRX�\]NTG`X^[�]X^�PLN]RSXfY^ZHVJ��'SJTe�NIVJR�VJ�UPV�LIVNR�]G]XRXSeUUJ�LRJ]I�P�JRUXZZJLIJ�QJ�YNZReZRON]R[�YRQJVe]P]N[�VJ�SJ]J_GZX^UN�R\`^ZeNSTXLRSe�`]fYPUJ�\]XV�?A>74/(��

E\]e\X�XR�YJZJ\SPVRJSG[�SRVH\NR[YZX\gYbV�]P[�MNWRF[��eYb[�X�YZeNMZX[

]X^�9/�<?��1��8JZJ]OJ_GZP[��X�FTTX]N\]NVe[�\^VNZLF]P[�]X^�?JUJZF��@�:YJT]FSX[��X�YZe\_J]J�MRJLZJ_NI[�B��8ZJVRMRg]P[��X�YZeNMZX[�]X^�CZR�\]RJVXMPUXSZJ]RSXf�SRVHUJ]X[��;�;RSXTeYX^TX[�SJR�X�YZgPV�;XUFZ`P[6N\\JTXVISP[��=��DbURFMP[��NV]NIVXV]JRSJR�YTGXV�YZGYNR�VJ�QNbZNI]JR�YXTfYRQJVH�P�\^LSZe]P\P�NVe[�NQVRSXYJ�]ZRb]RSXf�UN]gYX^��YX^�QJ�YFZNR�QG\P\]J�MNWRF�]P[�;2�SJR�QJ�JYX]NTG\NR�eYb[�TGVN�XR�NUYVN^\]G[�]X ��]XV�?A>74/]P[�2NWRF[���

:FTR\]J�JSXfLN]JR�e]R�G`NR�KZNQNISJR�]X�eVXUJ�]X^�\`PUJ]R\UXf��?fU�_bVJ�UN�SFYXRN[�YTPZX_XZIN[�QJ�XVX�UFON]JR�3QVRSe[�?^VJLNZUe[��

<R�YZb]JLbVR\]G[�]P[�SIVP\P[�_G�ZXV]JR�JYX_J\R\UGVXR�VJ�KLFTX^V�]XSeUUJ�\]XV�JGZJ�YFVb�\]X�?^VGMZRX]P[�;�2��g\]N�VJ�SFaX^V�NYRSXRVbVRJSF]J�\`GMRJ�:P]\X]FSP�LRJ�MRNfZ^V\PSJR�VJ�SJZYbQXfV�]^`eV�M^\JZG\SNRN[MNWRgV�\]NTN`gV�]P[�;�2�JYe�]X^[�SNV�]ZgX^[�YNRZJUJ]R\UXf[�]P[�PLN\IJ[]P[�

�"��"�"2&�")�+/%�����("#2%

@PV�IMRJ�gZJ�P�'?JUJZRSH(�Y]GZ^LJN]XRUFON]JR�LRJ�NYIMNRWP�MfVJUP[�\]XNYRSNIUNVX�?^VGMZRX�SJR�NWJSXTX^QNIVJ�MRNSMRSNI�]X�UNZIMRe�]P[�JYe�]P�VGJ]FWP�YZJLUF]bV�NV]e[�]P[�;2�

5�YTN^ZF�]X^�YZgPV�=ZbQ^YX^Z�

LXf�NVMRJ_GZN]JR�LRJ�]PV� YX\]HZRWP]X^�S^KNZVP]RSXf�GZLX^�]X^��]PV�SP�MNUXVIJ�]bV�JYX_F\NbV�]P[�PLN\IJ[:P]\X]FSP�SJR�]PV�MRJUeZ_b\P�R\`^�ZXf�N\bSXUUJ]RSXf�YeTX^�\]P�;2�UN�YJZFTTPTP�NWX^MN]GZb\P�]P[�8J�ZJUJVTRSH[�NYRZZXH[�

=FV]b[�\]NTG`P�YX^�KZI\SXV]JRSXV]F�\]XV�/��?JUJZF�JYXSZXfX^VJ^]G[�]R[�QNbZH\NR[�SJR�MPTgVX^V�e]R'X�JV]IYJTX[�NIVJR�X�?A>74/�SJR�X�@\I�YZJ[�SJR�P�;2�NVbUGVP�UYXZNI�VJ�]XVSNZMI\NR(�

��(���%$"#0��(��0��

6XTe�NIVJR�]X�]XYIX�\]PV�YTN^ZF]bV�8JZJUJVTRSgV��eYX^�]J�\]NTG`PYX^�YZe\SNRV]JR�\]XV�YZgPV�=ZbQ^�YX^ZLe�G`X^V�NYRMbQNI�\N�URJ�RMRe]^YP'TN^SH�JYNZLIJ(�UP�\^UUN]G`XV]J[\]PV�JV]RYXTR]N^]RSH�\]ZJ]PLRSH�]P[?^LLZXf��YNZRXZROeUNVJ�VJ�YJZJSX�TX^QXfV�]R[�SRVH\NR[�:P]\X]FSP�

0X^TN^]H[�SXV]F�\]XV�8g\]J�8J�ZJUJVTH�\`XTIJON��'NUNI[�MNV�YZeSNR]JRVJ�QG\X^UN�SJVGVJ�QGUJ��LRJ]I�YXVFUN]PV�YJZF]JWP�SJR�]PV�QGTX^UN�NVbUGVP�3S]e[�SR�JV�MXfUN�P�;2�VJ�WN_NfLNRJYe�]R[�YJZJSJ]JQHSN[�]X^�8bV\]JV�]IVX^�8JZJUJVTH)(

8JR�XR�8JZJUJVTRSXI�N]XRUFOXV]JRLRJ�]X�MRSe�]X^[�YJZgV�\]X�?^VGMZRXSJR�]P�UF`P�LRJ�]P�MRJ]HZP\P�]bV�\SH�Y]ZbV�]P[�YJZF]JWP[�

�0>5*46 �(5(8-(:%5.6 �950$146�!.8748$1.6 #$1.6�!�(28$146

Page 3: -5/21#%.%(05.,- 4* ˛ ˛ ˘ ˚ ˇ ˝ ˙ˆ ˇ ˛ ˆ ˜˝ ˆ˛ ˚ˆ˙˝ˆ ˝ ˘˘ ˚ ˛ˇ · ˚ ˘˘ ˜˝ ˙ ˛˜ˆ˝ ˇ%#$ # !&""# ˝ ˆ ˙ ˆ ˆˇ ˆ ˇ ˆ˘ ˇ %˚%’!˚#˛˝%˙˝

������������� �������� ������ �

����%�����"�� �"$)��

��� ������������

�� AbZ�fZ�niVjg^b�?fVimng`�cZb�fZ�]`ebhnj\`ahuf�fW^k�aWl^bk^j\ZlYZk�pj^bV_^mZb�WfZ�mlhnfVeb�^i^f]ul^rf��� TrjYk� i^f]ul^bk��prjYk�ZfVd`q`�jYlchn�Zit� ibp^bj`eZmY^k�Zit�[bhmWpf^k��Zit�]b^af^Yk�chdhllhuk�cZb�e`��cdi��BCK�aZniVjg^b�ZfVimng`��BCK�aZ�]`ebhnj\hue^�aWl^bk�^j\ZlYZk��BCKaZ�eihjWlhne^�fZ�cmniXlhne^�m`f�Zf^j\YZ�

3�HZb�tpb�etfh��FZ�pZa^Y�cZb� �m^pfbcX�bcZftm`mZ��.('))� �.#��mhn�^j\Zmbchu�eZk�]nfZebchu�

��Qh�ijvmh�e^\Vdh�ijt[d`eZ� YfZb�tmb�hb�<dd`f^k�\bZ�fZ�lnfm`jhue^WfZ�m^jVlmbh�cZb�ZfZihm^d^leZmbct�cZb�ZfZgbhcjZmbct�HjVmhk�id`jvfhne^�tmb�otjhnk�Wp^b�^ibfhXl^b�h�Zfajvibfhk�fhnk�

QM�NOM@IEJ?�CGK?G�QM�JCACFMP�QMR�HO?QMRP�PC�PTCPEJC�QE�PRKMIGHE�N?O?AUAGHMQEQ?�QEP�TUO?P�J?P�H?GMTG�QM�MQG�MG�CIIEKCP�BCK�NIEOUKMRK�?OHCQMRP�SMOMRP���

�� KZb�cVa^�HjVmhk�Wp^b�cVihbhnk�nq`dhuk�otjhnk�l^�cVihbhnkmhe^Yk��?ddV�fZ�blpuhnf�MIMG�hb�otjhb�l^�mtlh�nq`dV�^iYi^]Z�W4�Znmt�]^f�blpu^b�ihna^fV��� B^f�Wp^b�lnfmZpa^Y�cZfWfZ�lpW]bh�\bZ�m`f�?\jhmbV��AbZ�mh�irkaZ�]bidZlbVlhne^�m`f�lmj^eeZmbcX�Zit]hl`�l^�cVa^�prjVob��Wlmr�cZb�Zf�ihddWk�^cmVl^bk�^YfZb�lp^mbcV�ebcjWk��

3�?ohu�mZ�cZmZoWjfhnf�lm`f�MddZf]YZ�cZb�mh�GljZXd��e^�ihd�dZidVlbZ�lmj^eeZmbcX�Zit]hl`��eihjhue^�cZb�^e^Yk���HZbmh�Njt\jZeeZ�m`k�KB�Zlphd^YmZb�e^�mZ�ohjhdh\bcV��tpb�e^m`f�Zit]hl`��

3�Ab��Znmt�niVjp^b�`�^iblmXe`�cZb�`�m^pfhdh\YZ��AbZ�fZ�m`fZgbhihbhue^��tpb�fZ�m`f�chbmVe^�

NjWi b�fZ�ijhlcZdWlhne �mhndVpblmhf�\bZ���eXf^k�mhnk�cZdum^jhnk\fvlm^k�mrf�ibh�ijhprj`eWfrf�lnlm`eVmrf�cZddbWj\^bZk�Zit�m`fMddZf]YZ�cZb�mh�GljZXd��ihn�eZ_Y�e^�mhnk�]bchuk�eZk� iblmXehf^kaZ�[h`aXlhnf�mhnk�Z\jtm^k�eZk�fZ�ZngXlhnf�mbk�Zih]tl^bk���>irk� YeZlm^�lXe^jZ��prjYk�mbk�ijhZiZbmhue^f^k� d^cmjhfbcWknih]heWk��prjYk�Zihm^d^leZmbct�]bcZlmbct�lulm`eZ��e^�mtl`\jZo^bhcjZmYZ��e^�mtlhnk�otjhnk��aZ�^YfZb�lp^]tf�Z]ufZmh�fZijhl^dculhne^�^i^f]ul^bk�� >lhf�ZohjV�m`f�ZfZijhlZjeh\X�cZb�[brlbetm`mZ�mhn�pjWhnkeZk��tlh�ibh�ZfZpjhfblmbcX�cZb�Zjm`jbhlcd`jrmbcX�^YfZb�`hbchfhebcX�ihdbmbcX��mtlh�ibh�]ulchdh�aZ�^YfZb�fZ�^YeZlm^lmhbp^br]vk�lnf^i^Yk�lmbk�nihpj^vl^bk�eZk���KZb�ijWi^b�fZ�]bZijZ\eZm^nmhue^�lcd`jV�\bZ�fZ� dZojufhne^mh�pjWhk�eZk�e^�e^Yrl`�mrf�^ibmhcYrf�cZb�e^�^ibeXcnfl`�mhnpjtfhn�mrf�Zihid`jrevf���WphfmZk�terk�Zih]^Yg^b�l^�tdhnk�mhnkCmZYjhnk�tmb�chbmVe^�eijhlmV�cZb�tmb�Wphne^� e^Yk�hb�Y]bhb� ib[Vdd^bmbk�jb_hliZlmbcWk�e^mZjjnaeYl^bk�ihn�^YfZb�ZitdnmZ�ZfZ\cZY^k\bZ�m`f�^n`e^jYZ�mrf�CddXfrf��� QZ�^blh]XeZmZ�tdrf�eZk�aZ�Zng`ahuf�etfhf�tmZf�Zng`a^Y�cZb`�lnfhdbcX�ZgYZ�tdrf�mrf�Z\Zavf�ihn�iZjV\hne^��B^f�eihj^Y�fZiZjV\hne^�ijhstfmZ�ZgYZk�:�cZb�fZ�_hue �e �m`f�q^n]ZYla`l`tmb�]bcZbhueZlm^�fZ�id`jrfteZlm^�:�����QZ� blh]XeZmZ�]^f�aZ�Zng`ahuf�e^�Njh^]jbcV�BbZmV\eZmZ��e^NjVg^bk�Kheha^mbchu�N^jb^pheWfhn��e^�q`oYleZmZ��cZb�e^�mh�fZmnivfhne^�cZb�ehbjV_hne^�]jZpehud^k���Qh�ZfmYa^mh�aZ�lnfW[Zbf^l^�ebZ�mWmhbZ�i^jYimrl`������ FZ�Zng`ahuf^�etfhf�tmZf�iZjV\hne^�ihddV�i^jblltm^jZijhstfmZ��ihdu�e^\Zdum^j`k�lnfhdbcXk�ZgYZk�

3�Jtfh�mtm^��HZb�\bZ�fZ�\Yf^b�Znmt�ijWi^b�fZ�ZddVg^b�cZb�fZ\Yf^b�Zlu\cjbmZ�ibh�^dcnlmbct�tdh�mh�^i^f]nmbct�cdYeZ�cZbi^jb[Vddhf��>dh��

�������������������!����

E�CddV]Z�pj^bV_^mZb�fW^k� i^f]ul^bk��TrjYk�ZnmWk�]^f�ijtc^bmZbfZ�niVjg^b�ZfVimng`��Tj^bV_^mZb�cZb�iZjZ\r\X�ibh�\tfberf�b]^vf��

�0/�+$�/&#� +2�/&'*('*%�������������hb�i^jblltm^j^k�Cdd`fbcWk� ibp^bjXl^bk� YfZb�cZ�

mZpj^reWf^k�HZf^Yk�^i^f]nmXk�]^f�mbk�id`lbV_^b�e^�mtlZ�pjW`��

<mlb��� cZb�ZnmWk�eZjZ_vfhnf�Zit�Wdd^bq`�c^oZdZYrf�cZb�]^f�ijh�

loWjhnf�lm`f�ZfVimng`�m`k�hbchfheYZk�cZb�m`�]`ebhnj\YZ�aWl^rf^j\ZlYZk��cZb�

�� +um^�hb�mjVi^_^k�aZ�^blijVghnf�mZ�pjXeZmZ�ihn�]Vf^blZf�

RiVjphnf���^fZddZcmbcWk�]nfZmtm`m^k�G��;e^l`�]bZ\jZoX�mhn������mrf�]Zf^Yrf��ZfVdh\Z�e^�m`

i^jYimrl`���vlm^�fZ�\Yfhnf�lmhbp^br]vk� dcnlmbcWk�lmhnk� i^f]nmWkihn�aZ�ijhloWjhnf�ZfZimngbZcV�c^oVdZbZ�cZb�]b^afX�]bcmurl`��

3�NjhoZfvk�Znmt�]^f�[hd^u^b�mhnk�blhdh\blehuk�mrf�mjZi^_vf�\b��Znmt�cZb�lm`�ijVg`�]^f�\Yf^mZb�cVmb�hnlbZlmbct�

GG��J^mZmjhiX�mrf�]Zf^Yrf�l^�e^mhpWk�e^�mbk�mjVi^_^k�fZ�\YfhfmZbidWhf�hb�cujbhb�eWmhphb��ZddV�e^�m`f�ZfZ\cZlmbcX�^cihY`l`�mrfe^mhpvf�eWlZ�l^���Wm`���HZb�Znmt�]^f�]b^nchduf^b�m`f�iZjhnlYZl`^grjZsleWfrf�blhdh\blevf��

GGG����������������������KZ�]Yf^mZb�`�]nfZmtm`mZ�lmbk�ni^j�pj^reWf^k�ZnmWk� ibp^bjXl^bk��fZ�e^mZoWjhnf�mbk�hnlbZlmbcWk�mhnk]jZlm`jbtm`m^k�cZb�mZ�lmhbp^YZ�mhn�^f^j\`mbchu�mhnk�l^�ebZ�fWZan\ZmjbcX���b]bhcm`lYZk�m`k��ijh[d`eZmbcXk��e`mjbcXk�

<mlb�hb� i^f]nmWk�ihn�aZ�Xa^dZf�fZ� i^f]ulhnf�lm`f�cZaZjXhbchfhebcV�an\ZmjbcX��]^f�aZ� YpZf�fZ�Zfmbe^mriYlhnf�mh�ijt[d`eZm`k�ni^jpjWrl`k�m`k�e`mjbcXk�

Mum^�`�e`mjbcX�aZ�WpZf^�cVmb�Zohu�aZ�^Yp^�mh���mrfe^mhpvf�m`k�an\ZmjbcXk���

Mum �hb�mjVi _ k�aZ�WpZfZf�Zohu� �ZfVimng �m`k�fWZk�an\ZmjbcXkcZb�hb� i^f]ul^bk�l^�ZnmWk�aZ�ZugZf^�m`�lnfhdbcX�ZgYZ�m`k�e`mjbcXklm`f�hihYZ�Wphnf�]Zf^Yl^b��

FZ�eihjhul^�fZ�niVjp^b�cZb�jXmjZ�tmb�ZiZbm^YmZb�W\cjbl`�mrfmjZi^_vf�\bZ�mh�tihbhk�aZ�^iWf]n^�lm`�Fn\ZmjbcX�

TrjYk�mWmhb^k�jb_hliZlmbcWk�ijhl^\\Yl^bk��cZb�ZfmYlmhbp^k�fh�eha^mbcWk�jnaeYl^bk�ihn�fZ�mbk�]b^nchdufhnf���`�TvjZ�eZk�aZiZjZe^Yf^b�hnjZ\tk�cZb�ihdu�cVmr�mrf�ijZ\eZmbcvf�]nfZmhmXmrfmrf�CddXfrf�

���� ��� ��$��� ����� ��%�� !"!��!��#�����������%��������#������ �!���� �� ��� ��� ����

���������������������������������� ������ ������

�������������������������������������� ���������������+#+�#�4�0,1.�/0&+,5.�/1+&-% 0&.�mhnHvlmZ�P`eYm`��^iY�ijranihnj\YZk�mhn�mhf�FZfVl`�Hhfmh\^vj\`�5lmjZmhdt\`lZf6lm`�KB�cZb�mhf�W[ZdZf�lm`f�heV]Z�ihnombVpf^b�mh�cn[^jf`mbct�ijt\jZeeZ��rk^ibc^oZdX�m`k�heV]Zk�5Mj\Vfrl`�m`k�Hn�[Wjf`l`k�cZb�lnfmhfbletk�mhn�cn[^jf mbchu<j\hn6��M�ln\c^cjbeWfhk�niXjg^�Zfmbijt�^]jhk�mhn�MeYdhn�Njh[d`eZmblehu�\bZmhf�Ccln\pjhfblet�m`k�HhbfrfYZk��MNCH��ihn�Y]jnl �h�ijv`f�Njranihnj\tk��HvlmZkP`eYm`k�� fv�Wp^b�]bZm^dWl^b�cZb�lue[hndhkmrf�Abvj\hn�NZiZf]jWhn��IhncV�NZiZ�]Xehn��AbVff`�PmhnjfVjZ�cZb�AcYcZ�TZj�]hu[^d`��h�Hhfmh\^vj\`k�oZYf^mZb�fZ�Wp^blpWl �e �mh�[Zau� cln\pjhfblmbct�N?PMH�J^�lihn]Wk�lmh�HhddW\bh�?a`fvf�cZb�e^e^mZimnpbZct�lmh�TVj[Zjfm��XmZf�cZb�lm`]bZijZ\eZm^nmbcX�heV]Z�m`k�cn[Wjf`l`kPZeZjV�e^�mhnk�]Zf^blmWk��M�FZfVl`kHhfmh\^vj\`k�ijtloZmZ�^Yp^�Zih]^pa^YijtmZl`�mhn�N?PMH�fZ�lnee^mVlp^b�lm`fCibmjhiX�FWl^rf�\bZ�m`�F^lebcX�cZb�Nh�dbmbcX�J^mZjjuaebl`��Ulmtlh�mh�tfheVmhn�Wp^b� eidZc^Y�lm`�lufmZg`�fterf�ihnWphnf�g^l`cvl^b�au^ddZ�Zfmb]jVl^rf�lmhihdbmbct�lc`fbct��Nbh�pZjZcm`jblmbctkZit�tdhnk�^YfZb�h�ftehk�\bZ�m`f�Zug`l`mhn�e^mhpbchu�c^oZdZYhn�mrf�mjZi^_vfcZb�mhf�ZfZ[Zdte^fh�otjh�mrf�mjZi^_vf�CiYl`k� �ZitoZl`�mhn�mWrk�nihnj\hu�Mb�chfheYZk�AcYcZ�TZj]hu[^d`�fZ�mhf�hjYl^bZfmbijt^]jh�lm`f�CibmjhiX�Ih\blmbcXkQnihihY`l`k�cZb�CdW\prf��ZfmY�Zehb[Xk��� njv��ijhcVd^l �cVihbZ�lnfmjhobcVeZpZbjveZmZ�lmh�]bZ]Ycmnh��ihn�^uchdZg^i^jVlm`cZf�]bV�m`k�lbriXk��;fajrihbihn�mhf�\frjY_hnf�ebdhuf�\bZ�WfZf� ibe^dXcZb�Znlm`jt�m^pfhcjVm`�lm`f� j\ZlYZ�mhn�ZddV�\bZ�WfZf�^npVjblmh�cZb�ZfWe^dh�fWhm`k�^ihpXk�ihn�m`�5[jYlc^b6�e^�cdZlbcXehnlbcX�ZddV�cZb�gWfh�j^i^jmtjbh��

E�lmjVm^nl`�mhn�FZfVl`�Hhfmh\^vj\`lmh�^ibm^d^Yh�mhn�HnjbVchn�J`mlhmVc`�^YfZb�eYZ�ZcteZ�Wf]^bg`�mhn�lp^]Yhn��EY]jnl`�X� � iZfY]jnl`�mhn�cteeZmhk�mhnHvlmZ�P`eYm`�e^�Zjp`\t�mhf�HnjbVch�J`�mlhmVc`��Pmh�pvjh�mrf�iVdZb�ihmW� cln\�pjhfblmvf�niVjp^b� fahnlbZletk��F^rjhuftmb�Xja^�X�vjZ�fZ�ln\cjhmXlhnf�e^�mh�cW�

dnohk�m`k�KB�cZb�e^�Zjp`\t�mhf�HnjbVchJ`lmhmVc �WfZ� cln\pjhfblmbct� njriZsctcteeZ��mh�hihYh�aZ� cojVl b�ln\c^cjbeWfZchbfrfbcV�lmjveZmZ�cZb�ln\c^cjbeWfhnkhbchfhebchuk�cZb�ihdbmbchuk�lmtphnk�mhnkhihYhnk�]^f�eitj^lZf�fZ�i^muphnf�eWlZZit�mh�N?PMH��ZcteZ�cZb� iY�P`eYm`��L^�pfvfmZk�[^[ZYrk�tmb�h]X\`lZf�m`�pvjZ�lm`pj^hchiYZ��

Qhf�i^jZleWfh�KhWe[jbh�cZb�^fv�hHnjbVchk�J`mlhmVc`k�XmZf�ZcteZ�nih�qXobhk�\bZ�m`f�Zjp`\YZ�m`k�KB�^e^Yklm`f�5HnjbZcVmbc`��+*/-���#1.6�\jVoZe^\bZ�m`�lpWl`�P`eYm`��J`mlhmVc`��5M�P`�eYm`k�hf^bj^u^mZb�fWh�cteeZ�e^�Zjp`\tmhf�HnjbVch�J`mlhmVc`6�

HZb�ibh�ZfZdnmbcV�tmb��Qh�tmb�lp^]bV_hnfWfZ�fWh�obd^d^ua^jh��^njriZsct�cteeZmh�gWjZe^��mh�tmb�[dWihnf�lm`f� \^lYZ�mhnmhf�HnjbVch�J`mlhmVc`��Znmt�^YfZb�cVmbcZbfhuj\bh��E�cZmVlmZl`�lm`�KB��`�]bV�liZl`�m`k�H^fmjh]^gbVk��ZddV�cZb�mZ�\^�fbctm^jZ�ijh[dXeZmZ�lm`f�ihdbmbcX�lc`fX�h]`\^Y�l^�ijh[d`eZmblehuk�cZb�lpW]bZmhnk�iZjV\hfm^k�ihn�cn[^jfhulZf�rkpa^k�m`�pvjZ��M�HvlmZk�P`eYm`k�Zohu]^f�cZmVo^j �fZ�e^mZlp`eZmYl^b�mh�N?PMHe^�m`f�HYf`l`�mrf�7��8�X�e^�lpXeZmZmuihn�7CdbVk8��^ndt\`l^�m`�]`ebhnj\YZmhn�NhmZebhu�mh�hihYh�g^cYf`l^�]nfZebcVe^�mhf�PmZujh�F^h]rjVc`��PXe^jZ�terk�

e^mV�m`f� ]jZYrl`�mhn�?dWg`�QlYijZ�lm`]bZcn[Wjf`l`��mtlh�h�Y]bhk�tlh�cZb�]bV�ohjhb�Vddhb�iZjV\hfm^k��aWdhnf�fZ�]`�ebhnj\`a^Y�WfZ�HteeZ�mrf�^njriZscvf]nfVe^rf��e^�pZjZcmXjZ�obd^d^ua^jh�mh�hihYh�aZ�]`ebhnj\`a^Y�Zit�mh�NhmVeb�WfZ�cheeVmb�mhn�l`e^jbfhu�N?PMH��ZddVcZb�Zit�WfZ�meXeZ�m`k�KB�ihn�]^f�^c�ojV_^mZb�Zit�m`�d^\te^f`�dZscX�]^gbV��MHvlmZk�P`eYm`k�[dWi^b�dhbitf�irk�h�cZ�mZdd`dtm^jhk�fZ� \`a^Y� ftk�mWmhbhn�lpX�

eZmhk�^YfZb�h�HnjbVchk�J`mlhmVc`k��HbZnmt�\bZmY� cojV_^b�e^�lnfWi^bZ�mbk�obd^�d^ua^j^k�Zitq^bk��ihdu�chfmV�l9�ZnmWkihn�^cojV_hnf�ln\\^f^Yk�]nfVe^bk�lm`fCnjvi`�cZb� b]bcV�lm`f�A^jeZfYZ��mh�@Wd�\bh��m`f�MddZf]YZ�cZ�Vdd^k�pvj^k�mhn[hjjV��QZ�iVfmZ�[^[ZYrk�aZ� gZjm`ahufZit�mh�ZihmWd^leZ�mrf�^cdh\vf�lm`�KBcZb�mbk�lnfWi^b^k�m`k�^cdh\Xk�^ftk�fWhnZjp`\hu��>lh�cZb�Zf�\bZ�ihddhuk� �ijh�mYe`l`�mhn�H��P`eYm`�oZfmV_^b�Z]bZft`m`�mZ�ijV\eZmZ�Wphnf�ZddVg^b�iVjZ�ihdulm`f�ihdbmbcX�lc`fX��E�ihdn]bVliZl`mhn�ihdbmbchu�lnlmXeZmhk�Wp^b�]`ebhnj�\Xl^b�Vdd^k�nit\^b^k�ln\\Wf^b^k��Vddrlm^N?PMH�cZb�KB�lnf^j\Vlm`cZf�l^�ihddWkcn[^jfXl^bk�e^mV�mh���� fv� �Wd^nl`mhn�?��QlYijZ�cZb�mhn�PROGD?�lm`�]bZ�cn[Wjf`l`��Wp^b�oWj^b�ihdu�chfmV�ijv`fZfmbiVdhnk�Zit�mh�pvjh�m`k�H^fmjh]^gbVkcZb�m`k�H^fmjhZjblm^jVk��?nmhuk�ihn�mvjZWphnf�WfZ�chbft�^pajt��mhf�?d��QlYijZ�J^mV�mbk� cdh\Wk��]bVohjhb�lnf^j\Z_te^fhbe^�mh�NhmVeb��tirk�h�ijv`f�[hnd^nmXkQZmltihndhk��ZddV�cZb�lm^dWp`�mhn�cte�eZmhk�VjpblZf�fZ�ebdVf �\bZ�m �]bZetjorl`^ftk�cteeZmhk�mrf� njriZscvf�]nfVe^rf�Pm^dWp`�ihn�ijhWjphfmZb�Zit�mh�N?PMH�^b]bcV�Zit�m`f� cln\pjhfblmbcX�imWjn\Ztirk�`�;ffZ�BbZeZfmhihudhn��nihlm`�jY_hnf�WfZ�mWmhbh�^\p^Yj`eZ��^cmbevfmZkeVdblmZ�irk�^YfZb�h�etfhk�mjtihk�\bZ�fZ^cojZlm^Y� � cln\pjhfblmbcX�ihdbmbcX�e^lZoXf^bZ��E�iY^l`�idWhf�Zlc^YmZb�mtlhlmh�NhmVeb�tlh�cZb�lmh�N?PMH�e^�mhfPmZujh�F^h]rjVc`�cZb�m`f�Svo`�A^f`e�eZmV�fZ�lmWchfmZb�Zjf`mbcV�l^�mWmhbhn� Y�]hnk�lpW]bZ6�

PXe^jZ�hb�i^jblltm^jhb�[hnd^nmWk�mhnNhmZebhu�]^f�cju[hnf�m`�[bZluf`�mhnkfZ�]bZehjora^Y� �fWZ�cZmVlmZl`�lm`�KBcZb�fZ�ijhlprjXlhnf�lmh�cteeZ�mhnHnjbVchn�J`mlhmVc`�mh�hihYh�cZb�aZ^dW\ghnf��aZ�mh�]bZehjovlhnf�tirk�ZnmhY^ibanehuf��Aujr�mhnk�lnli^bjvfhfmZbcZb� ibp^bj`eZmbcV�lneoWjhfmZ�mZ�hihYZ[dWihnf�fZ�pVfhnf�mh�iZbpfY]b�mrf� it�e^frf�]^cZ^mbvf��

E�eVp`�lm`�KB�etdbk�Wp^b�ZjpYl^b�cZbtpb�etfh�l9�ZnmXf�

���� ��������� � �����������������

�0,�'&-(+4�3- -(,�eiZYfhne^�Zit�Zujbh�HnjbZcX���JZjmYhn��hitm^�ZddV_^b�cZb� �vjZ��Pn\c^cjbeWfZ��ZitZujbh�mh�ijrY��� oZjet_^mZb�cZb�lm`�pvjZ�eZk�mh�eWmjh

m`k�a^jbfXk�vjZk��<mlb��lmbk����mh�ijrY�hb�]^Ycm^kmrf�jhdh\bvf�ijWi b�fZ�e^mZcbf`ahuf�eYZ�vjZ�eijhlmV�]`dZ]X�lmbk� ���e^�m`f� eWjZ�fZ�e^\Zdvf^b��E� iZ�

fZohjV�m`k�vjZk�lm`f�cZfhfbcX�aZ�\Yf^b�m`f�m^d^nmZYZHnjbZcX�mhn�Mcmr[jYhn��]`dZ]X�lmbk���Mcmr[jYhn����

��,��-%�$��)%�� ���!!�������.%��������.%����%$'(��$����� (�&�(+"�%$!$��."

�#�)01�!/,1+�mZ�inj`fbcV�^j\hlmVlbZ�mhn�@^d\Yhn^YpZf�lZf�ijvmh�lmtph�hb�mjhehcjVm^k�mrf�@jng^ddvf�WfZ� f]^pte^fh�ihn� nmnpvk�]^f�W\bf^�ijZ\eZmbctm`mZ�?f�^YpZf�i^mup^b�mh�lmtph�mhnk�lXe^jZ�WfZ�e^\VdheWjhk�m`k�Cnjvi`k�aZ�XmZf�hdhlp^jvk�cZm^lmjZeeWfhcZb�`�Xi^bjhk�aZ�^Yp^�\Yf^b�ctdZl`�

E�[^d\bcX�^o`e^jY]Z�����#-*'#-#��#0-#�cVf^blXe^jZ�dt\h�\bZ�lpW]bh�mrf�mjhehcjZmvf�fZ�idXghnfinj`fbchuk�lmZaehuk�mhn�@^d\Yhn��mh�hihYh�terk�]^fijZ\eZmhihY`lZf�cZavk�e^mV�m`�ludd`q`�mhn�PZdVp?eifm^dlVe��VddZgZf�mZ�lpW]bV�mhnk���ZmV�mbk�Wj^nf^kmrf�Zjpvf�[jWa`c^�[Yfm^h�lmh�hihYh�^eoZfY_hfmZb�mZZ]WjobZ�JiZcjVhnb�fZ�cZmZ\jVohnf�mbk�cbfXl^bk�mhn]b^nanfmX�mrf�inj`fbcvf�lmZaevf��

E�ludd`q`�mhn�5^\c^oVdhn6�mrf�mjhehcjZmbcvf^ibaWl^rf�lmh�NZjYlb��terk��d^bmhuj\`l^�Zihmj^imbcV\bZ�mZ�Z]WdobZ�Cd�JiZcjZhnY�cZb�lueorfZ�e^�m`f^o`e^jY]Z�����#-*'#-#��#0-#�WfZ�[Yfm^h�XmZf�Znmtihn�mhnk�5ijt]rl^6��Njtc^bmZb�\bZ�WfZ�]^cVrjh�[Yfm^hmh�hihYh� dXoa`�Zit�cVe^jZ�Wgr�Zit�mh�liYmb�mhn� ib�c^oZdXk�mrf�inj`fbcvf�e^mV�mbk� ibaWl^bk�mrf�NZjblYrf�N`\Wk�ZfZoWjhnf��prjYk�fZ� g`\huf��tmb�Zit�mh�ndbctihn�Wphnf�lmZ�pWjbZ�mhnk�hb�ZjpWk�ijhcuim^b�tmb�mZ]uh�Z]WjobZ�Cd�JiZcjVhnb�^YpZf�]bZlnf]Wl^bk�e^eWd`�mhn�mjhehcjZmbchu�]bcmuhn�l^�AZddYZ��@Wd\bhcZb�PnjYZ�

J^mV�Zi�tdZ�ZnmV�cZb�Zit�Wj^nfZ�mrf�mhibcvfZjpvf��eVdblmZ��ZiZ\hj^ua`c^� � Ylh]hk�lmhf�inj`fbctlmZaet�m`k�QbpVf_�l^�lnfhdbcV�Wfm^cZ�niZddXdhnk�tirk�ZfZoWj^b�mh�[^d\bct�]Ycmnh��/ $��?jpbcV�`�ZiZ�\tj^nl`� ib[dXa`c^�l^� imV�niZddXdhnk�e^mV�m`f� ib�p^Yj`l`�\bZ�m`�ludd`q`�mhn�PZdVp�?eifm^ldVe�cZblm`�lnfWp^bZ�l^�ZcteZ�mWll^jbk�^j\Z_heWfhnk�Wi^bmZZit�mh�eZc^d^bt�lmh�Z^jh]jtebh�DV[^fm^e�cZb�mh�e^mjtmrf�@jng^ddvf��J^mV�m`f�cZmVlp^l`�mhn�[Yfm^h�Zit�mbk[^d\bcWk�ZjpWk��hb�@Wd\hb�VjpblZf�fZ�iblm^uhnf�irk�mZ�inj`fbcV�mhn�@^d\Yhn�XmZf�h�ijrmZjpbctk�lmtphkmrf�m_bpZfmblmvf�\^\hftk�ihn�mhnk�h]X\`l^�fZ�ZngXlhnfl`eZfmbcV�mZ�eWjZ�ZloZd^YZk��Pmbk���S^[jhnZjYhn� �lmjZmbvm^k�ZfZimupa`cZf�\ujr�Zit�mbk�inj`fbcWk

^\cZmZlmVl^bk�m`k�pvjZk�e^�mh�[^d\bct�]Ycmnh�fZ�ZfZ�jrmbWmZb�Zf�ZnmV�mZ�]jZctfm^bZ�eWmjZ�ZloZd^YZk�W\bfZfZfmbd`imV�cZb�h]X\`lZf�mhnk�]uh�mjhehcjVm^k�l^ZddZ\X�lp^]Yrf��JXirk��]`dZ]X��ZihoVlblZf�fZ�Zb�eZmhcndYlhnf�ibh�5^uchdhnk6�lmtphnk��tirk�h�lmZaetkmhn�e^mjt�cZb�mh�Z^jh]jtebh�mrf�@jng^ddvf��

��������������

E�blmhl^dY]Z�m`k�^o`e^jY]Zk��#��#-*'#0-#��#0-#^ibl`eZYf^b��iVfmrk��irk�mh�mjhehcjZmbct�]Ycmnh�lmhhihYh�ZfXcZf�mZ�]uh�Z]WjobZ�XmZf�mh�Y]bh�e^�Znmt�ihnlctjibl^�mh�aVfZmh�lm`f�cZj]bV�mrf�NZjblYrf��Njtc^bmZb\bZ�WfZ�]Ycmnh�mh�hihYh�ZiZjmY_^mZb�Zit�f^Zjhuk@Wd\hnk��`�id^bhq`oYZ�mrf�hihYrf�^Yp^�ou\^b�\bZ�m`fPnjYZ��

KWZ�Zf`lnpYZ�l^�td`�m`f�Cnjvi`�ijhcZdhuf�hb�]`�dvl^bk�mhn� ibc^oZdXk�m`k��0-+,+)�Ohei�AhnWbfjZsm�tmbl^�td`�m`�5A`jZbV�=i^bjh6�niVjphnf����uihimhbmjhehcjVm^k��dY\^k�vj^k�e^mV�mh�]`ehlY neZ�mhn��..+!'�/#"�-#..�tmb�mh�GldZebct�HjVmhk�Wp^b� ciZb]^ul^b� �5eZ�p`mWk6�\bZ�fZ�^ibm^ahuf�lm`f�Cnjvi`�

M� ibc^oZdXk�m`k� njriZscXk�ZlmnfheYZk� ib[^[ZYrl �^iYl`k��tmb�niVjp^b�luf]^l`�ZfVe^lZ�lmhnk�[he[blmWkm`k�^iYa^l`k�lmbk�@jngWdd^k�cZb�mrf�^ibaWl^rf�lmhNZjYlb�mhf�i^jZleWfh�KhWe[jbh�cZb�ijh^b]hihY`l^�\bZfWZ�5^iba^mbcX6�lmjZm`\bcX�Zit�mh�GldZebct�HjVmhk�\bZfZ�^ibm^a^Y�lm`f�Cnjvi`�

�������� ��������������������������������

�������������������������� ������������������������������������

��,+� /1** $# &� )#(&/&".�0,+�#2!/#0&����:�9?�,'3(0�.�1(9.*56'(�95:�6395*$3��657�95:7��%2�*5:7�(22$�1(0�95:7� 2�2(3+5@7��(�51(2@�9539(7?90��%3(�(�?�9(��6?8>�(�5:�8:��,9,'<(3�89.3�,�'�/,8.�8907��6:4%22,7�8:�3,2&;/.�953��5@305�95:�����895��1(-0(39%�����,�2$/.1,�9.3���.��5:2'5:

�����%�,09(�(�?��2.65;56',7�9.7��6,8),'(7�95:�,2*'5:���"@�;>3(��,�953�!,9-%��#(*'���6395*$3�5�$3+6(7��6$*�(90�(�,2$/.1,�89.3� 22(3+'(�1(0�5095:6101%7�(6<%7�,3.�%6>8(3�,�'8.7�907�522(3+01%7(6<%7�*0(�9.3�9(:9?9.9$�95:��>89?85��+,3�%<,0�4,�1(/(6089,'��?9,�5���(16$5:0��(6(+?/.1,�8907),2*01%7�(6<%7�

�,3��(7�+0(;,@*,0�.��658�$/,0(�95:�#5@615:�3(9(:9089,'��,�9(��/@�(9(��+.2(+&��,�95:7��:6>�('5:7�5:�9A6(�+%<539(0�9.3�,�'/,8.�9>3�965�516(9A3��0(9'�*3>6'-5:�,��>7�.�#5:61'(�95:��6395*$3�%<,0<A8,0�)(/,0$�9(�<%60(�9.7�895�+6$�(�9.7�":6'(7��,30�8<@539(7�56*(3A8,07�?�>7�5����&�.������� ��1(0�52,�A39(7�,3(39'53�9>3��5@6+>3����>7�50�(�5�1(2@=,07�95:��+,'<35:3�?90�50�(6<%7�(8;(2,'(7�9.7�:6A�.7�,'3(0�+0$96.9,7�� 0��(225)%2*50��$22539.3��$9.8(3��/,>6A39(7��>7�%<5:3�+'19:5��5:�85:2�$3>3��,3(39'53�9>3�965�516(9A3���?35��5:95�+'19:5�896$;.1,�,3(39'53�95:7���'<,�*'3,0�1(0��,953���03��$39,3�

������ � ��� ����� ���� �� ��� ��������������� ��� �

����"�'�&��$"($��.%��&��"�&���,�($)&���$�'(�"$-&')"�%��(�&�($)��.'(�������(���)��%#���"(��%,��%$&�($)���!$)��%$�!���(�'�$-����($"� ')�*%$"�'�,�(�&��$��"+"��&���������$)���%)'��$����(�&���".��*������(�!�'�� ���'-��$)!$&�(+"��.%�$)����"�%�$)�� $) ����������$)����""���($)%"�%�� �� � ����%�$-��!��

Page 4: -5/21#%.%(05.,- 4* ˛ ˛ ˘ ˚ ˇ ˝ ˙ˆ ˇ ˛ ˆ ˜˝ ˆ˛ ˚ˆ˙˝ˆ ˝ ˘˘ ˚ ˛ˇ · ˚ ˘˘ ˜˝ ˙ ˛˜ˆ˝ ˇ%#$ # !&""# ˝ ˆ ˙ ˆ ˆˇ ˆ ˇ ˆ˘ ˇ %˚%’!˚#˛˝%˙˝

������� ��������� ���

����������G8H5C98J>�KFL�/HF�5;HFL�K>I�&>CFAH8K78I�A��/HF�ARG@FL�/8LBRGFLBFL��A8K4�K>JLD4DK>J6�KFL�C<�KFD�LGFLH:R'EPK<H@ATD�K>I�&>CFAH8K78I�K>I#B98D78I��A�������������������:@8D8�JLD5B?<@�>�8HCR;@8�<G@KHFG6�>�FGF78�?8�BSJ<@�<G@K5BFLI�KF�=6�K>C8�K>I�K8M6I�KPD�'BB6DPD��F@FGF7F@�5G<J8D�JKFD�8:TD8�<D8DK7FDKFL��EFD8��5M<H<�A8@�G4B@�JK>D<G@A8@HRK>K8�K>�C<:4B>�<?D@A6A8@�8D?HPG@JK@A6�C8I�<AAH<CR�K>K8�/HRA<@K8@�:@8�KFLI����� ��F@

FGF7F@�5G<J8D�JK8�G<;78�KPD�C8NTDK>I�$FH<7FL�(G<7HFL�A8K4�KF� GFI����������A8@�C5NH@�J6C<H8�G8�H8C5DFLD�4K8MF@�J<�FC8;@AFSI�K4�MFLI��C<�;@4JG8HK8�FJK4��,@8�<A�AH<CRK>K8�GFL�8GFA8BSGK<@�KF�C5�:<?FI�K>I�8D<L?LDRK>K8I��K>I�8;@8�MFH78I�A8@�FB@:PH78I��M8@DRC<D8�GFL�J<�5D8�C<:4BF�98?CR��8G8DKFSDA8@�JKF�<HTK>C8�GTI�M?4J8C<�J<8LK6D�K>D�J>C<H@D6�<?D@A6�A8@�AF@�DPD@A6�A8K4GKPJ>�#D�8D8KH5E<@�A8D<7I�JKF� GFI

KFL������������A8@�GFBS�G<H@JJRK<HF8D�<G@JA<M?<7�K8�G<;78�KPD�C8NTD�JLDFC@B6J<@�C<�KFLI��B@:FJKFSI�G@8C8N>K5I��GFL�<G5=>J8D�8GR�K>�MH7A>KFL�GFB5CFL�6�8ARC>�8AFSJ<@�K89@TC8K8�8GR�K8�G8@;@4�KPD�G<JRDKPD�5N<@�J7:FLH8�GFBB4�D8�:H4O<@�A8@D8�8M>:>?<7�

��!�&�� ������%�)� � �

"K8D�8GFM8J7J<@I�D8�<D;@8KH7O<@IJK>D�<GFGF@78�KFL����������D8�C<�B<K6J<@I�RJ8�;@8;H8C8K7JK>A8DA8K4�K>D�G<H7F;F�<A<7D>��8BB4�A8@RJ8�<G8AFBFS?>J8D��K8�JLD8@J?6�C8K8�GF@A7BBFLD��&@8G@JKTD<@I�KFC<:8B<7F�K>I�'BB4;FI�A8@�K>�JGFL�;878�JLC9FB6�K>I�JK>�;@8K6H>J>KPD�G8:ARJC@PD�8E@TD��#@J?4D<J8@PI� BB>D8I�G<H6M8DFI�:@8�KFD�>HP@�JCR�KPD�C8N>KTD�C8I��8BB4�JL:�NHRDPI�9H7JA<J8@�A8@�CGHFJK4�J<J>C8DK@A5I�<L?SD<I�:@8�RJ8�8AF�BFS?>J8D��:@8�GH4E<@I�A8@�G8H8�B<7O<@I��:@8�C<:4B<I�<AAH<CRK>K<I<?D@A6I�J>C8J78I��&@8G@JKTD<@I�RK@�JK>D�<GFGF@78

KFL���������9H6A8D�K>D�GB6H>�5A�MH8J6�KFLI�K8�98J@A4�:DPH7JC8K8KPD�'BB6DPD��>�FCFOLN78�JK@I�AH7�J@C<I�JK@:C5I��>�4AH8K>�M@BFG8KH78�>�NPH7I�RH@8�8LKF?LJ78�A8@�8LK8�G4HD>J>��>�G7JK>�J<�G8D8D?HTG@D8@;8D@A4��#@J?4D<J8@�G<H6M8DFI�:@8K7�<A<7DF@�F@�C8N>K5I�5:H8O8DK@I�G@F�B8CGH5I�J<B7;<I�K>I�JS:�NHFD>I�<BB>D@A6I�@JKFH78I�A8@�4B�B8E8D�KFD�HFLD�K>I�G8:ARJC@8I�@JKF�H78I��&7;8E8D�GPI�>�<B<L?<H78�;<D<7D8@�CRDF�LGR?<J>�<DRI�5?DFLI�<DRI�AH4KFLI��8BB4�FBRAB>H>I�K>I8D?HPGRK>K8I��/HFA4B<J8D�5KJ@KFD�?8LC8JCR�K>I�G8:ARJC@8I�AF@�DRK>K8I��'7D8@�GHFM8D5I�RK@�;<D�KFLI�K@�

CFSC<�<G8HATI��RK8D�<7D8@�8ARC>4K8MF@�A8@�K8�JARHG@8�FJK4�KFLI?HLCC8K@JC5D8�G8H8C5DFLD�JK8G<;78�KPD�C8NTD�6�JKF@98:C5D8J<�FC8;@AFSI�K4MFLI��GFL�;<D8DF7NK>A8D�8ARC>�C<K4�8GR���FBRAB>H8�NHRD@8��&<D�KFLI�K@CFSC<�RK8D�;@8?5KFLC<�B7:<I�:H8CC5IJK>D�@JKFH78�KPD�JNFB@ATD�9@9B7PD:@8�K>D�:@:8DKFC8N78�KFL�5GFLIKFL����������&<D�KFLI�K@CFSC<�RK8D�;<D�8D8:H4MFDK8@�F@�LO>B5I>HP@A5I�GH4E<@I�KFLI��GFL�GHF�A4B<J8D�KFD�?8LC8JCR�A8@�KFD5G8@DF�GFBBTD�>:<KTD��RGPI�KFL1JTHKJ@B��6�8ARC>�A8@�KFL�37KB<H�

B<I�A8@�;<D�5M?8D<�KF�N8HK7�A8@KF�C<B4D@��

��$����)����'!)���� ���!*$�"���!����"�

1F�<BB>D@AR�AH4KFI�8JNFB6?>A<A8@�<G7J>C8��C<�K>D�8D<SH<J>�GHR�N<@HPD�K4MPD�A8@�K>D�8D8=6K>J>4K8MPD�FJKTD�G<JRDKPD�KFL�<BB>�D@AFS�JKH8KFS�JK>�$RH<@F�!G<@HF�:@8�GHTK>�MFH4�KF�������.@�<D5H�:<@<I��RCPI��;<D�8G5;PJ8D��BR:PK>I�8HD>K@A6I�JK4J>I�K>I�8B98�D@A6I�GB<LH4I�JK>�?5J>�K>I�'B�B4;8I��K>�JL:A5DKHPJ>�;>B8;6A8@�K>D�8D8AFC@;6�KPD�FJKTD�D88AFBFL?6J<@�>�A8K8JA<L6�JKH8�K@PK@ATD�D<AHFK8M<7PD��TJK<�F@6HP<I�D8�<DK8M@8JKFSD�JKFD�KRGFK>I�?LJ78I�KFLI�1FD�0<GK5C9H@F�KFL������A8K4

K>�JLD4DK>J>�KPD�LGFLH:TD�'?D@A6I�CLD8I�'BB4;8I�A8@�#B98D78I��<G@�K<SN?>A<�C78�A8K8HN6D�JLCMPD78JLD<H:8J78I�:@8�K>D�A8K8JA<L6�D<�AHFK8M<7PD�JK>D�+B<@JFSH8�A8@�K>D+FHLKJ4�A8@�K>�JLDK6H>J>�KFLLG4HNFDKFI�JKF�$FLB@8H4K@��(�.H?R;FE>�#HN@<G@JAFG6�K>I

#B98D78I�G8H8NTH>J<�@;@RAK>K>5AK8J>�:@8�K>�;>C@FLH:78�JKH8K@P�K@ATD�D<AHFK8M<7PD�JK>D�+B<@JFSH8A8@�K>D�+FHLKJ4��<DT�>�7;@8�8D5B89<K>D�GHPKF9FLB78�D8�A8K8JA<L4J<@D<AHFK8M<7F�JKF�&5B9@DF�.@�MF97<I��RCPI��A8@�CFDFC8D7<I

KPD�8B98D@ATD�8HNTD�5C<BB<�D8C8AHF>C<H<SJFLD��1F�LGRO@D�JN5�;@F��G8HRK@�<7N<�LGF:H8M<7�8GR

KFD�LGFLH:R��CLD8I��8GFHH7M?>A<8GR�KF�LGFLH:<7F�'EPK<H@ATD�K>I#B98D78I��C<�8GFK5B<JC8�D8�C>DLGF:H8M<7�KF�/HPKRAFBBF��0AFGRIKPD�1@H4DPD�6K8D�D8�8GFC8AHLD�?FSD�8GR�G<H@FN5I�K>I�<G@AH4K<@8IKFLI�F@�8O<L;<7I�C4HKLH<I�C78I<GFGF@78I�A8@�>�<E8M4D@J>�8GR�K>$RH<@F�!G<@HF�A4?<�<BB>D@A6I8D8MFH4I��

�� �� !��)�#$��������$(����'*��

"K8D�GB>HFMFH<7K8@�A8@�;@8G@�JKTD<@�A8D<7I�K>D�A8K4JK8J>�8LK6�KFD�ALH@<SFLD�>�?B7O>�A8@�F@�<DFN5I�9H7JA<K8@�<DTG@FD�KPD�<L?LDTD�KFLPI� BB>D8I�:@8�8LK4�GFL�5GH<G<D8�:DPH7=<@�A8@�@;@87K<H8�:@8�8LK4GFL�GH5G<@�D8�A4D<@��5JKP�A8@�8H�:4��:@8�K>D�8GFA8K4JK8J>�K>I�C<�:4B>I�8LK6I�<?D@A6I�<AAH<CRK>K8I��#@J?4D<K8@�A8D<7I�K>D�8D4:A>

D8�C<B<K6J<@�K8�G<H7�KFL� GFLI����������-8�JL=>K6J<@�C<�K8�G8@;@4A8@�KFLI�JL::<D<7I�KPD�G<JRDKPD�D8�8AFSJ<@�KFD�GRDF�A8@�KF�G8H4GFDRKFLI��-8�<G@JA<M?<7�K8�G<;78�KPDC8NTD�JK>�$RH<@F�!G<@HF��:@8�D85N<@�C@8�GHFJPG@A6�8DK7B>O>�KPD:<:FDRKPD�A8@�K>I�A8K4JK8J>I�GFL<G@AH8K<7�<A<7��.M<7B<@�D8�8D8=>K6J<@KFLI�BR:FLI�8LK6I�K>I�<BB>D@A6IJ@PG6I�<G7�;<A8<K7<I��

#MFS�;@8DSJ<@�A8D<7I�RB<I�8LK5IK@I�@JKFH@A5I�;@8;HFC5I�KPD�GB>�HFMFH@TD��KPD�8D8=>K6J<PD�A8@�KPD;@8G@JKTJ<PD��8@J?4D<K8@�<G@K8AK@A4KF�NH5FI�D8�K8�8GFKLGTJ<@�RB8�8LK4J<�5D8�9@9B7F�C<�K7KBF��.@�6HP<I

KFL������G<H@C5DFLD��A8@�D8�;TJ<@KFD�;@AR�KFL�8:TD8��-8�8GFKLGTJ<@�C<K4�KF��F;F@�

GFH@AR��KFL�5KFLI�����JK8�G<;78KPD�C8NTD�K>I�$FH<7FL�(G<7HFLA8K4�KF� GFI����������K@I�JL:�ABFD@JK@A5I�8M>:6J<@I�$FH<@F>�G<@HPKTD��GFL�5=>J8D�K>�MH7A>KFL�GFB5CFL�J<�G8@;@A6�>B@A78A8?TI�A8@�K@I�<AAB6J<@I�D8�9@8�JKFSC<��:@8�D8�C8I�LGF;<7EFLD�GFL<7D8@�F@�GHFJPH@DF7�K4MF@��RJF�8AR�C>�?8�<7D8@�JK>�=P6��-8�:H4O<@�:@8�K8�;@4JG8HK8�FJK4�

KFLI�FC8;@AFSI�K4MFLI�JK8�0K<D4K>I�+B<@JFSH8I�C<�����C8N>K5I�JK>D�/H<C<K6�C<�� ���A8@�4BBFLI8BBFS��.JK<FMLB4A@8�ESB@D8�A8@C<K8BB@A4�JKFD�*<HR�-8R�KFL�'L8:�:<B@JCFS�K>I�)<FKRAFL�K>I�+B<@�JFSH8I��JKF�&5B9@DF��C<�<B4N@JKFLI<GTDLCFLI�K4MFLI�JKFLI�$FLB@8�H4K<I�A8@�J<�4BB<I�G<H@FN5I��-8:H4O<@�RK@�A8K4�K>�;@4HA<@8�KFL'BB>DFQK8B@AFS�GFB5CFL��8GR�KFD.AKT9H@F�KFL������C5NH@�KFD�#GH7�B@F�KFL�������F@�G<JRDK<I� BB>D<I8E@PC8K@AF7�A8@�JKH8K@TK<I�8D6B?8DJKFLI���� ��<E�8LKTD�F@����� 5G<J8D�>HP@A4�C8NRC<DF@�JK>�$R�H<@F�!G<@HF��<DT�G8H4BB>B8�F@8GTB<@<I�KPD�*K8BTD�8LKR�KF�NHFD@AR;@4JK>C8�8D6B?8D�JKFLI��������D<AHFSI�A8@�KH8LC8K7<I�

��#$!�$���������!(#�"�

+8KRG@D�RBPD�KFSKPD�8@J?4D<K8@A8D<7I�K>D�8D4:A>�D8�;TJ<@�KFD�8:T�D8�K>I�<D>C5HPJ>I�A8@�K>I�G8H5C�

98J>I�GHFI�G4J8�A8K<S?LDJ>�JK>D'BB4;8�A8@�JK>D�#B98D78��:@8�K>D8D4;<@E>�KFL�GHF9B6C8KFI�A8@�K>D8D4:A>�8GFA8K4JK8J>I�K>I�C<:4B>I8LK6I�<?D@A6I�<AAH<CRK>K8I��,<8GF;<7E<@I�A8@�8;@4J<@JK8�GB5FDJKF@N<78��GFL�;<D�<G@;5NFDK8@�8C�M@J96K>J>��5:@D8D�G8H<C94J<@IGHFI�A4?<�A8K<S?LDJ>��JKF�<JPK<�H@AR�K>I�'BB4;FI�A8@�K>D�#B98D78��,<�K>D�GHFJG4?<@8�8LK6�J>C<@�

T?>A8D�8HA<K4�?<K@A4�96C8K8��8BB4RN@�@A8DFGF@>K@A4��LGR�K>D�5DDF@8RK@�5NFLD�G8H5B?<@�G5DK<�NHRD@88GR�K>D�LGF:H8M6�K>I�JLCMPD78I'BB4;8I��#B98D78I�:@8�;SF�JKH8�K@PK@A4�AF@C>K6H@8�JK8�0K<D4�K>I+B<@JFSH8I�A8@�JKFLI�$FLB@8H4K<IA8@�>�<AAH<CRK>K8�8D8=6K>J>I�KPDFJKTD�KPD�G<JRDKPD�A8@�K>I�K8M6I8ARC>�G8H8C5D<@��,<�K>D�G8HFLJ78J>�KFL�9@9B7FL

�.@�6HP<I�KFL������G<H@C5DFLD�J<�G<H@JJRK<H<I�8GR�<E6DK8�G<H@FN5IK>I�NTH8I�A8@�JKF�<EPK<H@AR��C<K>�JLCC<KFN6�N@B@4;PD�GFB@KTDA8@�JL::<DTD�G<JRDKPD�A8@�SJK<H88GR�K@I�JL=>K6J<@I�GFL�8AFBFS�?>J8D��GHF5ALO8D�J>C8DK@A5I�;@8�G@JKTJ<@I��<AMH4JK>A8D�;@8C8H�KLH7<I��G8H4GFD8��<G@?LC7<I��A8�K8BF:7JK>A8D�<L?SD<I�A8@�GHF9B6�?>A8D�8G8@K6J<@I�0K>�;@8;HFC6�8LK6I�K>I�GHF�

JG4?<@8I�GHFJK5?>A8D�D58�JKF@N<78A8@�GB>HFMFH7<I��5:@D8D�:DPJK4�:<�:FDRK8�A8@�@JKFH7<I�JL:A@D>K@A5I�JLC94DK8�5EFN>I�G8KH@PK@A6I�A8@8D?HPG@JK@A6I�<L8@J?>J78I��RGPI>�@JKFH78�K>I�'HC@RD>I�,GH7:AFL

8GR�K>�3<@C4H8��>�FGF78�5N<@�?8C�C5DFLI�5E@�C8N>K5I�JK>D�8LB6�K>I��%@8�RB8�8LK4�GFL�;@8;H8C8K7�

JK>A8D��C<K4�8GR�K>D�5A;FJ>�KFLGHTKFL�9@9B7FL�A8@�;<;FC5DFL�RK@>�<?D@A6�<AAH<CRK>K8�G8H8C5D<@A8@�GH5G<@�D8�8GFA8K8JK8?<7��AH7�?>A<�8G8H87K>K>�>�JL::H8M6�A8@<DRI�;<SK<HFL�9@9B7FL�C<�KFD�K7KBF�1F�<?D@AR�NH5FI�:@8�KFLI�4K8MFLIG<JRDK<I���#M@5HPC8�JK>D�'HC@RD>,GH7:AFL��,4D8�KPD�G<JRDKPD�A8@>�JLD5N@J>�K>I�GHFJG4?<@8I�C<�G@F<DK8K@AFSI�HL?CFSI�C5NH@�K>D�GB6H>;@A87PJ>��

�$������������

(�LGF:H8M6�K>I�0LCMPD78I�:@8K8�;SF�JKH8K@PK@A4�AF@C>K6H@8�JK>D+B<@JFSH8�A8@�JKFLI�$FLB@8H4K<I�;LJKLNTI�;<D�JLCG<H@5B89<�A8@K>I�+FHLKJ4I���LG6HE<�C@8�?<K@A6<E5B@E>��&LJKLNTI�C<K4�K>�JSD8O>K>I�0LCMPD78I�KF�����A8@�K>�JS�JK8J>�C@AK6I�<G@KHFG6I��GFL�JL�D<;H78J<�CRDF�C@8�MFH4�KF����K>D�G<DK8<K78�GFL�G5H8J<�;<D�LBF�GF@6?>A<�8GFBSKPI�K7GFK<�8GR�RJ8JLCMPD6?>A8D�A8@�8GFM8J7JK>A8D�#GR�K>D�<BB>D@A6�GB<LH4��RGPIA8@�A8K4�KF�G8H<B?RD��F@�<A4JKFK<8HCR;@F@�AL9<HD>K@AF7�G8H4:FDK<IG<H@FH7JK>A8D�J<�G8H<C94J<@I�KL�G@AFS�N8H8AK6H8��RGPI�M87D<K8@�8MFS�;<D�A8K5JK>�<M@AKR�D8�GHF�AB>?<7�5JKP�A8@�C@8�8ARC>�JLD<�;H78J>�K>I�C@AK6I�<G@KHFG6I�

� ������ ������ ������$ %"�!(�"���"

.@�6HP<I�;<D�8G8@KFSD��8BB4�G<�H@C5DFLD��&<D�;@8C8HKSHFDK8@�GFLG8H5C<@D8D�4K8MF@����NHRD@8�JK>$��!G<@HF��/<H@C5DFLD�<C<7I��F@<G@:<DRC<DF@��D8�A4DFLC<�KF�A8?6�AFD�C8I��-8�GH4EFLC<�K8�JKF@N<@T;>�GFL�<G@94BBFLD�K8�G8D4HN8@8�5?@C8C8I��KFD�@;@87K<HF�J<98JCR�JKFLID<AHFSI��-8�?LC>?FSC<�KF��D<AHFSI?4GK<@D��D<AHFSI�C>�L9H7=<@D���.@�6HP<I�G<H@C5DFLD�D8�8DK8�

GFAH@?FSC<�JK@I�?H>JA<LK@A5I��<?@�C@A5I�A8@�<?D@A5I�C8I�LGFNH<TJ<@I�D8�A4DFLC<�KF�@<HR�C8I�A8?6AFD�RGPI�KF�<G@K4JJ<@�>�@JKFH@A6�C8IAB>HFDFC@4��&<D�8HAFSD�F@�KLG@AF7G8D>:LH@AF7�BR:F@��F@�;FEFBF:7<I�F@�G8H<B4J<@I��>�A8K4?<J>�JK<M4DPDJ<�A4?<�<G5K<@F�.@�6HP<I�G<H@C5DFLD�D8�M8DFSC<

8DK4E@F@�KPD�?LJ@TD�KFLI�:@8�K>DG8KH7;8��-8�A8K8DF6JFLC<�RK@�>G8KH7;8�<7D8@�>�ALH78HN>�@;58�G4DP�JK>D�FGF78�F@AF;FC<7K8@�FGFB@K@JCRI�A8@�JK>H7=<K8@�>�=P6��.@�6HP<I�G<H@C5DFLD�A8@�GHFJ�

;FAFSD�D8�J<9RC8JK<�RN@�CRDF�8L�KFSI��8BB4�A8@�K8�<?D@A4�C8I�CD>C<78�K8�JSC9FB4�C8I��.�JLC9FB@JCRIG7JP�8GR�A4?<�8DK@A<7C<DF�9B5G<@A8@�C@8�@;58��)5B<@�D8�;TJ<@�JK84OLN8�OLN6�A8@�D8�K8LK7J<@�K>D�8D�?HTG@D>�OLN6�C<�K@I�@;5<I�A8@�K8GH4:C8K8��/<H@C5DFLD��BF@GRD��D8J<9RC8JK<�K>�J>C878�C8I��GFL�:@8D8�ALC8K7=<@�J6C<H8�?LJ@4JK>A8D<A8KFDK4;<I�N@B@4;<I� BB>D<I��.@�6HP<I�G<H@C5DFLD��8BB4�<C<7I

5NFLC<�LGFNH5PJ>�D8�9@8JKFSC<A8@��<G@K5BFLI��D8�8GFA8K8JK6JFLC<K>�C<:4B>�<?D@A6�<AAH<CRK>K8�KPD4K8MPD�A8@�GHRN<@H8�?8CC5DPD�C8�N>KTD�JK>�$RH<@F�!G<@HF�A8@�-RK@8#B98D78��-8�=>K6JFLC<�JL::DTC>:@8�K>D�4:DF@8�K>I�SG8HE>I�KFL�GHF�9B6C8KFI�A8@�K>I�JLD8ARBFL?>I8;@A8@FBR:>K>I�A8?LJK5H>J>I�

����������������������� ����������������������������������������������������

����!(�"�$ %��� %"�$ %��������!���� %���$�& �

��1�,(&��$,3�)#(�,(-����� ��/)#�,(&���)�%#(�,(-������(#�� �+1&, *��%%!& *��'#0 �,#$(�$�#�+,)�,#3, *��&�%"�&�+,(-*������� '��-,3&�(#�������� �+�&�!)0#$�� �/1 &(#�+,!��1�) #(��� #)(�� &3���)�%%!%��(#��3% # *�,0&��,�%3&��-,1�,(/)(&#$1��#�+,! ���&�%"�&+,(-*���������& $)(2*�$�#,)�- �,� *�����#3)�(*��(2)%�*�� '#��.0,1��$�,�"�, #�+, .�&#+,(��,)�,#0,#$$1��(# !,�)#(+,!&��% #+(2)��

������������������������������ ���������������������������������������������������������������KPD�<::<:H8CC5DPD8D5H:PD�JK8�C>KHT8�KFL�.#'&��G8HFL�J@4=FLD�K8�JKF@N<78�KFL�FH:8D@JCFS�:@8KFD�2<9HFL4H@F�KFL��� �J<�JS:AH@J>C<�KFD�*8DFL4H@F�KFL�@;7FL�5KFLI��0L:�A<AH@C5D8�F�JLDFB@ARI�8H@?CRI�KPD�8D5H�:PD�KFD�GHF>:FSC<DF�C6D8�8D6B?<�JKF������� ��4KFC8��A8@�<7D8@�8LE>C5DFIA8K4�������8D5H:FLI��J<�JS:AH@J>�C<KFD�*8DFL4H@F�F�FGF7FI�<7N<���� ���<::<:H8CC5DFLI�8D5H:FLI��#ARC>�A8@J<�JS:AH@J>�C<�KFD�2<9HFL4H@F�KFL����G8HFLJ@4=<K8@�8SE>J>�KFL�8H@?CFS�KPD

8D5H:PD��A8?TI�KFD�8DK7JKF@NF�G<HJ@DRC6D8�F�JLDFB@ARI�8H@?CRI�KP�8D5H:PDGFL�6K8D�<::<:H8CC5DFI�JK8�C>KHT8KFL�.#'&�8D6B?<�J<���� ����4KFC8�0L:A<AH@C5D8�KF�JSDFBF�KPD�<::<:H8C�C5DPD�8D5H:PD��C<�AH@K6H@F�K>D�8D8=6�K>J>�<H:8J78I��8D8=>KFSDKPD�<H:8J78��:@8�KFD�C6D8�2<9HFL4H@F��� ��8D6B?<J<������ �4KFC8��#GR�8LK4����� ��GFJFJKR���������<7D8@�<::<:H8CC5D8JKF�C>KHTF�KFL�.#'&�:@8�NHFD@AR�;@4�JK>C8�7JF�6�A8@�G<H@JJRK<HF�KPD���C>�DTD�A8@���������GFJFJKR���������<7D8@

<::<:H8CC5D8�JKF�C>KHTF�KFL�.#'&�:@8NHFD@AR�;@4JK>C8�C@AHRK<HF�KPD���C>�DTD��.@�4D;H<I�8D5HNFDK8@�J<��������GFJFJKR��� ����A8@�F@�:LD87A<I�8D5H�NFDK8@�J<��������GFJFJKR� ������1F�JSDFBF�KPD�<::<:H8CC5DPD�BF@GTD�C>�8D8=>KFSDKPD�<H:8J78���:@8�KFD�C6D82<9HFL4H@F��� ��8D6B?<�J<��� ����4KFC8�� #GR� 8LK4� ����� �GFJFJKR������<7D8@�<::<:H8CC5D8�JKF�C>KHTFKFL�.#'&�:@8�NHFD@AR�;@4JK>C8�7JF�6A8@� G<H@JJRK<HF� KPD� �� C>DTD� A8@��� ���GFJFJKR� �����<7D8@�<::<�

:H8CC5D8�JKF�C>KHTF�KFL�.#'&�:@8�NHF�D@AR�;@4JK>C8�C@AHRK<HF�KPD���C>DTD�.@�4D;H<I�8D5HNFDK8@�J<���������GFJFJKR�������A8@�F@�:LD87A<I�J<���������GFJFJKR� ��������1F�JSDFBF�KPD�<G@�;FKFSC<DPD�8D5H:PD��:@8�KFD�C6D8�2<�9HFL4H@F��� ��8MFH4�KFD�8H@?CR�KPD;@A8@FSNPD�GFL�GB>HT?>A8D�<DKRI�KFL8DK7JKF@NFL�C6D8��8D5HN<K8@�J<�� � ��4KFC8��8GR�K8�FGF78�F@����������GFJFJKR �����<7D8@�AF@DF7�A8@�BF@G5I�A8K>�:FH7<I�<G@;FKFSC<DPD�A8@�F@������ ��GF�JFJKR��������<7D8@�<GFN@AF7�KFLH@JK@ATD

<G8::<BC4KPD��.@�4D;H<I�8D5HNFDK8@�J<� � ��GFJFJKR�� ������A8@�F@�:LD87A<IJ<�� ����GFJFJKR���������(�>B@A@8A6A8K>:FH78�GFL�JL:A<DKHTD<@�KF�C<:8�BSK<HF�8H@?CR�8D5H:PD�J<�JS:AH@J>�C<RB<I�K@I�LGRBF@G<I��<7D8@�>�A8K>:FH78RJPD�9H7JAFDK8@�C<K8ES�KPD������<KTDA8@�8H@?C<7� �����4KFC8��GFJFJKR�������#DK7JKF@N8�JK@I�>B@A7<I����<KTD�F�JLDFB@ARI�8H@?CRI�KPD�8D5H:PD8D5HN<K8@�J<���������4KFC8��GFJFJKR�����

� ����������� ��������������������

Page 5: -5/21#%.%(05.,- 4* ˛ ˛ ˘ ˚ ˇ ˝ ˙ˆ ˇ ˛ ˆ ˜˝ ˆ˛ ˚ˆ˙˝ˆ ˝ ˘˘ ˚ ˛ˇ · ˚ ˘˘ ˜˝ ˙ ˛˜ˆ˝ ˇ%#$ # !&""# ˝ ˆ ˙ ˆ ˆˇ ˆ ˇ ˆ˘ ˇ %˚%’!˚#˛˝%˙˝

���'#���"$�("��&����� "���+��(!����%+��+�&"!��%�#������)���%��!���%'!���#+�%&�����&�!��'��#",����)�!�����+�&�����"%�"�����%&�%��+&�&�����#��&�!��'��#!�&����(�"#��&"'���� �

� � � �� ����

��'(!��"�$,��(&"*"�TKS�Y�?[cR_ZY_[Mf\WK�XY[TJPY_W� S\�OTUYMH\��KUUG� Y�$�"��:KV�VHWY_�]^QW�_ZfRO]Q�<Y_PGUK��]O�]_WN_K]VfVO� S\�OXOUJXOS\�]^Y�Z[Y]`_MSTf�TKS� QW�KXSY�UfMQ]Q��T[K^GWO�PcW^KWf�^Y�]OWG[SY�MSKZ[fc[O\�TGUZO\�

A^Y�<KXJVY_�`YLYgW^KS�f^S�YS�OXOUJXOS\ZY_�N[YVYUYMYgW� K� [YVYT[K^STG�T^_ZI�VK^K�]^S\�2[_XHUUO\�RK�OWS]ag]Y_W�^K�XO�WY`YLSTG�]gWN[YVK�ZYUUhW�5_[cZKdThWac[hW��VO�KZY^HUO]VK�WHK�OVZUYTI�]^YZ[Y]`_MSTf�TKS�KTg[c]Q�^Q\�]_V`cWJK\5�5�BY_[TJK\�

BQW�JNSK�h[K�Q�KWQ]_aJK�T_LO[WQ^SThWZK[KMfW^cW�f^S�Q�KXSYUfMQ]Q�YNQMOJ^KS�]OKNSHXYNY��VO�O_RgWQ�^cW�NKWOS]^hW�TKST_[Jc\�^Y_�4=B��T^_ZGOS�&TfTTSWY'�

A^K�NgY�K_^G�VOMGUK�(KMTGRSK�I[ROWK�Z[Y]^OROJ�Y�Z[h^Y\�]YLK[f\�OWNYT_�LO[WQ STf\�T[KNK]Vf\�VO� YW�?GWY�:KVVHWYWK�OZSVHWOS�]^Y�$�"��ZY_�HaOS�RH]OS�MSK� YW_ZY_[Mf�<O^KWK]^O_ STI\�?YUS STI\��3SGWWQ<Y_PGUK�

1_^f�^Y�OT[QT^STf�ZKPU�LGPOS(�`c^SG]^K�]OWG[SK�MSK�OTUYMH\�]^S\�K[aH\� Y_�:K�UYTKS[SYg��<GUS]^K�NOW�OJWKS�UJMYS�OTOJWYSZY_�OT^SVYgW�f^S�Y�Z[fON[Y\�^cW�1=5;ZKJPOS�^Y�aK[^J�<Y_PGUK��OZOSNI�HaOS�_Z+fbSW�^Y_��^Y_\�OTUYMSTYg\�]aONSK]VYg\B]JZ[K�

0Zc\�TKS�WK�*aOS��^Y�RHVK�^cW�OTUYMhWTKS�^Y_�OWNOaYVHWY_�WK�]^QRYgW�Z[fc[O\TGUZO\�Z[YTKUOJ�]^QW�A_MM[Yg�ZKWSTf��:SK_^f�OZOSNI�Q�=4�L[J]TO KS�]O�Z[Y]_WON[SKTI^[YaSG�TKS�^Y�O]c^O[STf�^Q\�ZONJY�VYSGPOS

KZY]_W^YWS]VHWY��>S�LY_UO_^H\�]K]^S]VHWYSKZf� S\�]K[c^STH\�KUUKMH\�<Q^]Y^GTQ��]OVSK�Z[Y]ZGROSK�WK�OUHMXOS�^Y�TfVVK�TKSYS�Z_[IWO\�]^OUOahW�ZY_�TSWYgW^KS�NY[_�`Y[STG�Mg[c�KZf� Y_\�Z[hQW�?[cR_ZY_[�MYg\�AKVK[G�TKS�:K[KVKWUI�WK�T[K^YgW^Y�MKd^KWGTS�^Q\�O]c]^[H`OSK\�

>�:_[SGTY\�<Q^]Y^GTQ\�VO�TGRO�O_�TKS[JK�_ZY]^Q[JPOS�f^S�Q�=4�OJWKS�H^YSVQMSK�OTUYMH\��F]^f]Y�Y�NOJT^Q\�O^YSVf^Q^K\^Y_�]^OUOaSKTYg�N_WKVSTYg�NOW�OJWKS�_bQUf\TKS�]^Y�OZS^OUOJY�<Q^]Y^GTQ�OZST[K^OJ�KWQ�]_aJK�

>S�]^OWYJ�]_WO[MG^O\� Y_�Z[YHN[Y_� Q\=4�ZK[KTYUY_RYgW�VO�KVQaKWJK� Q�NQVY�]TYZSTI�]^K]SVf^Q^K� cW�ZY]Y]^hW�TKS� QWKN_WKVJK�WK�TO`KUKSYZYSQROJ�KZf� Y�TfVVK^Q\�1XScVK^STI\�1W^SZYUJ^O_]Q\�Q�T_LO[�WQ^STI�`RY[G�^Y_�AC@961�

7�K[aSTI�Z[Y]NYTJK�ZY_�Z[YTGUO]O�QOTUYMI� Y_�WHY_�K[aQMYg�MSK�OWKUUKT^STIT_LO[WQ^STI�Z[f^K]Q��VYSGPOS� Y� OUO_^KJYNSG]^QVK�WK�KT_[hWO^KS��K`Yg�Q�=4��ZK[G^K�]YLK[G�Z[YLUIVK^K�^Q\�T_LH[WQ]Q\NOW�VZY[OJ�WK�OS]Z[GXOS�TH[NQ�

BY�]^KRO[f�NQVY]TYZSTf�Z[YLGNS]VK]^QW�ZK[G]^K]Q�WJTQ\�TKS�]^QW�Z[fRO]QbI`Y_�NOW�K[TYgW�MSK� Q�=4��K`Yg� Y�OTUY�MSTf�]hVK�NOW�HaOS�ZOS]ROJ�f^S� Y�TfVVK� Q\1XScVK^STI\�1W^SZYUJ^O_]Q\�RK�VZY[Yg]OWK�HaOS�TKUg^O[Y�KZY^HUO]VK�KZf�^QW�T_�LH[WQ]Q�]^Y�Z[Y]`_MSTf�TKS�]^QW�KXSYUfMQ]Q�:S�K_^f�MSK^J�TKS�]^K�NgY�&TK_^G'�RHVK^KYS�OXOUJXOS\�VYSGPOS�WK�VQW�OXK[^hW^KS�KZY�TUOS]^STG�KZf�^QW�OUUQWSTI�T_LH[WQ]Q�

5ZJ]Q\�]gV`cWK�TKS�VO� S\�ZSY�KS]SfNYXO\OT^SVI]OS\�Q�OZfVOWQ�T_LH[WQ]Q�RK�OJWKSVSK�KTfVQ�T_LH[WQ]Q�]_WO[MK]JK\��TKRh\

^K�]OWG[SK�K_^YN_WKVJK\�Z[YLGUUY_W�OXc�Z[KMVK^STG�

:S�ONh�K[aJPY_W� K�Ng]TYUK��K`Yg�Q�=4^Y_�:_[SGTY_�<Q^]Y^GTQ�NOW� ^GWOS�WK�TO[�NJ]OS� S\�OTUYMH\��KUUG�RK�Z[HZOS�WK�VZY[OJTKS�WK�L[OS�T_LO[WQ^STYg\�]_VVGaY_\��

?YUUYJ�ROc[YgW�f^S�^QW�OZYVHWQ�^cWOTUYMhW�ac[J\� YW�AC@961�]^YW�T_LO[WQ STf]_WK]ZS]Vf�NOW�RK�OJWKS�O ST^f�T_LO[WQ STf]aIVK�

AgV`cWK�VO� K�NQVY]TYZSTG�O_[IVK^KYS�KZhUOSO\�bQ`Y`f[cW�KZf�^YW�AC@961OWS]agOS� QW�KZYaI� Y�UO_Tf�TKS�faS� K�UO�MfVOWK�VST[G�TfVVK^K��7�VfWQ�OWS]a_VHWQ�UfMc�Z[Y]`MSTYg��E[_]I�1_MI�NOW�_ZY�UYMJPO^KS�]^K�T_LO[WQ^STG�ZUGWK��TKRh\Y_NOJ\�OZSR_VOJ�]_WO[MK]JK�VO�^Y�TfVVK<SaKUYUSGTY_�

A^QW�A_MM[Yg(� UO[^G[Y_W�VO� Y�?Y^GVSTKS�^Y�?1A>:��KUUG�K`OWf\�TKS�^K�NgYTfVVK^K�NOW�OV`KWJPY_W�]QVKW STG�ZY]Y]^G�K`O^H[Y_�8OYNc[GTQ\�TKS�3OWWQVK^G��ZK[G^QW�T[S STI�]^YW�B]JZ[K��ROc[YgW^KS�ZYUS STGZO[S]]f^O[Y�&]_MMOWOJ\'�VO�^YW�B]JZ[K�ZK[G�VO�^YW�<Q^]Y^GTQ�

<ZY[OJ�TGZYSO\�NSK[[YH\�]^OUOahW�KZf?Y^GVS��I�TKS�KZf�?1A>:�WK�TK^O_R_WRYgWZ[Y\� QW�A_MM[Yg��KUUG�]QVK]JK�HaOS� S�RKZ[GXOS�Y�TY[Vf\�^cW�NgY�TYVVG^cW�

1UUG�TKS�YS�1=5;� Y_�?GWY_�:KVVHWY_KZY^OUYgW�ZUHYW�]JMY_[Y�]gVVKaY� Y_�AC�@961��OWh�Ng]TYUK�RK�]_VZY[O_^YgW�VO^Q�=4�^Y_�:��<Q^]Y^GTQ�

,MWc]^Y\�TKS�VGUUYW�KZ[fLUOZ^Y\�YVO^OTUYMSTf\�Z[Y]KWK^YUS]Vf\� Q\�-Wc]Q\:OW^[hcW��^Y_�2K]JUQ�;OLHW^Q��KTfVQ�TSKW�OWS]ag]OS�^K�ZY]Y]^G�^Y_�

��&�����+��%&��������#���!"'���&��)��#+&�#��

��� ������� ������

�����&��('*�(�'���^Q\�HT^KT^Q\�OS]`Y[G\�Z[f^OSWO�]gV`cWK�VO�ZUQ[Y`Y[JO\��Q�T_LH[WQ]Q�]^Y_\�NKWOS]^H\�Z[YTOSVHWY_�WK�OXK]`KUS]^YgW�Z[f]RO^K�O^I]SK�H]YNK

���NS\�O_[h��1WKN[YVSTG�KZf�^QW�Q�9KWY_K[JY_�`H^Y\VS]RYJ�TKS�]_W^GXOS\�RK�VOScRYgW�KZf���Hc\�TKS����O_[h� YVIWK�MSK�VS]Rc^Yg\�TKS�]_W^KXSYgaY_\�VO�aKVQUG�TKS�VS�T[YVO]KJK�OS]YNIVK^K�KZf���Hc\�TKS����O_[h�VH]c�^Q\�K_XQVHWQ\�VQWSKJK\�ZK[KT[G^Q]Q\�`f[Y_�

3SK� Y�]_W^KXSYNY^STf�NOW�]_PQ^GVO��<Z[Y]^G�]��K_^G�ZY_]_V`cWOJ�Q�T_LH[WQ]Q�VO�^Y_\�NKWOS]^H\��^Y�]aHNSY�:K�^[YgMTKUY_�MSK� Y�YZYJY�HMSWKW� K�VZUfTK� cW�KM[Y^hW�TKSXO]QThRQTKW�YS��M[KLG^O\���I^KW�Z^KJ]VK��5TOJ�ZY_�TK^GW^Q]KWYS�NKWOS]^H\�TKS�YS�T_LO[WI]OS\� cW�VWQVYWJcW� K�K]`KUS]^STG^KVOJK�TKS�^QW�KMY[G�O[MK]JK\��KTfVQ�TKS�^K����O_[h�OM�M_QVHWQ�]gW^KXQ�`KW^GPOS�TG^S�^Y�KNgWK^Y��3SK�f]Y_\�OJWKSINQ�]^Q�]gW^KXQ��3SK�fUY_\�^Y_\�_ZfUYSZY_\��Q�Z[YYZ^STI]gW^KXQ\�HaOS�MJWOS�fWOS[Y�KZK^QUf�

?GWc�KZf����aSUSGNO\�KWH[aYW^KS�f]YS�HaY_W�LOLKSh]OS]_W^KXSYNY^STf�NSTKJcVK��KUUG�NOW�ZKJ[WY_W�TKWYWSTG�^QfZYSK�ZO^]YTYVVHWQ�]gW^KXQ�Z[YLUHZO^KS��Eh[SK� Y�MOMYWf\f^S�ZGWc�KZf��OTK^YVVg[SY�]_W^KXSYgaYS�LUHZY_W�TGROVIWK�^Q�]gW^KXI�^Y_\�WK�ZO[STfZ^O^KS�H]^c�TKS�UJMY��:S�K\VQW�XOaWGVO�f^S�KZf� Q�]gW^KXQ�]IVO[K�NOW�OXK[^G^KS�VfWYY�]_W^KXSYgaY\��KUUG�VJK�VO�N_Y�YSTYMHWOSO\�OZSZUHYW�

?Yg�YNQMYgW�fUK�K_^G��4OW�VZY[OJ\�WK�OZSLGUUOS\�WHY_\`f[Y_\��f^KW�XH[OS\�ZYUg�TKUG�f^S�Q�`Y[YNY^STI�STKWf^Q^K^cW�ZYUS^hW�OJWKS�Y_]SK]^STG�KWgZK[T^Q��Bf^O�MSK^J� Y�TGWY_WNKWOS]^H\�TKS�T_LH[WQ]Q��3SK�HWKW�LK]STf�UfMY��=K� Y[^h]Y_WWHK�N_]LG]^KT^K�a[HQ�^Y_\�ZYUJ^O\�

7�KgXQ]Q� cW� f[cW�TKS� K_^fa[YWK�Q�VOJc]Q� cW�OS]Y�NQVG^cW�YNQMOJ�VO�VKRQVK^STI�LOLKSf^Q^K�]O�Z[f]RO^Ka[HQ�Z[Y\� QW�O`Y[JK��.NQ�HaY_W�XOZO[G]OS� K����NS\�O_[hTKS� [HaY_W�VO�[_RVf� [YVKT STf�KTfVQ�TKS�MSK� QW�T_LH[WQ]Q�Q�YZYJK�HZKbO�WK�NQVY]SYZYSOJ�]^YSaOJK�MSK�^Y�����

1`O^H[Y_��YNQMYgW�]O�ZO[S]]f^O[K��TfTTSWK��NGWOSK�NQUKNI�YNQMYgW�fUY�TKS�ZO[S]]f^O[K�WYSTYT_[SG�]O�KN_WKVJKOX_ZQ[H^Q]Q\�^cW�NKWOJcW�^Y_\��:KS�`_]STG�]O�WHK�a[HQZ[Y\�^K�K]`KUS]^STG�^KVOJK��5SNSTG�^cW�OUO_RH[cW�OZKM�MOUVK^ShW��ZY_�INQ�a[c]^GWO�]^YW�>155�Mg[c�]^K���NS\O_[h��

ATYZf\� Y_\�OJWKS�WK�TK^Ka[OcROJ�Q�]_W^[SZ STI�ZUOSYbQ JK^cW�ZYUS^hW��3SK^J��3SK�WK�XOTSWI]OS�Q�NIVO_]Q� Q\�SNSc^STI\ZO[SY_]JK\��0Zc\�HMSWO�]^Q�<KN[J^Q�Z[SW�HWK�VO�N_Y�a[fWSK�:S�fZc\�MJWO^KS�K_^I�^Q�]^SMVI�]^QW�9[UKWNJK��

>S�9[UKWNYJ�aGWY_W� Y�]ZJ^S� Y_\�TKS� QW�KTJWQ^Q�ZO[SY_]JK^Y_\�_ZH[�^cW�^[KZOPhW�TKS�XHWcW�OZOWN_^SThW�TO`KUKJcW��#��!���BY_\�^OUO_^KJY_\�^[OS\�VIWO\�YS�OXh]OS\�KZf�ZUOS�]^Q[SK]VYg\�KWH[aYW^KS�]^S\� ��YSTYMHWOSO\��>S�4IVYS^Q\�9[UKWNJK\�O^YSVGPY_W�TK^KUgVK^K�MSK�WK�KW^SVO^cZS]^OJ^Y�YXg^K^Y�Z[fLUQVK�K]^HMcW�YSTYMOWOShW�ZY_�NQVSY_[MOJ^KS�:KS�]TO`^OJ^O�f^S�Q�9[UKWNJK�OJWKS�OT^f\�VWQVYWJY_�

A^QW�5UUGNK�L[S]TfVK]^O�]^Y�ZK[G�ZHW^O�WK�PI]Y_VO�TSOVOJ\�VSK�KWGUYMQ�TK^G]^K]Q��0Vc\�OVOJ\�OJVK]^O�]O�TKUg^O[QRH]Q�KZf�^Y_\�9[UKWNYg\��>S�G]^OMO\�YSTYMHWOSO\�ZY_Z[YTgbY_W�KZf�^Y�TgVK�^cW�ZUOS]^Q[SK]VhW�TKS�OXh]OcW�HaY_W�WK�Z[Y]LUHZY_W�]^K���"!��"��ZY_�]IVO[K�NQVSY_[MYgW^KSMSK�^Y_\�Z[f]`_MO\�

0]Y�MSK� K�OZOWN_^STG�TO`GUKSK���#��!��INQ�HaY_W�ZUK�]K[S]^OJ�]^QW�OUUQWSTI�KMY[G��TGWYW^K\�^S\�KZK[KJ^Q^O\�]_VVKaJO\��VO� S\�]_]^QVSTH\� [GZOPO\��BY�VfWY�ZY_�VHWOSOJWKS�WK�KZKUUKMYgW�KZf�^Q�`Y[YUYMJK�KTSWI^cW�TKS�VO^K�LJLK]Q\��h]^O�WK�K[aJ]OS�^Y�XOTUI[S]VK�^Q\�SNSc^STI\ZO[SY_]JK\��7�KZKJ Q]Q�K_^I�HaOS�]_WNOROJ�KZf� Y_\�NKWOS]^H\VO�^QW�ZO[J`QVQ��KXSYUfMQ]Q��

:S�fUK�K_^G�MSK^J�NOW�_`S]^GVORK�ZUHYW�c\�T[G^Y\��75UUGNK���OSNSTG�VO� Y��Y�VWQVfWSY���VO^K^[GZQTO�YUfTUQ[Q]O�YSTfZONY�SNSYT^Q]JK\� cW�NKWOS]^hW��NQUKNI� cW��RO]VhW�5_[cZKdTI�5ZS^[YZI��5:B�TKS�4=B��BY�VfWY�ZY_�VHWOS�OJWKSLSh]Y_VO� Y� S�]QVKJWOS�XO]ZJ^cVK�TKS�Z[Y]`_MSG�VH]K�]^QWJNSK�^QW�ZK^[JNK�VK\�

:KS�WK�OJ]^O�LHLKSYS�f^S�RK�^Y�LSh]Y_VO��/]c\�VO�ZYUgaOS[f^O[Y�^[fZY�KZf�^Y_\�9[UKWNYg\��MSK^J�NOJXKVO�f^S�NOWKMKZGVO� YW� fZY�VK\��4OJXKVO�f^S�NOW�OJVK]^O�STKWYJ�WK� YW_ZO[K]ZS]^YgVO��DKWITKVO�NOSUYJ�TKS�KZG^[SNO\��OZS [HZYW^K\]O�NY]JUYMY_\�ZYUS^STYg\�WK�ZK[KNh]Y_W�^QW�ZK^[JNK�VK\��TKS�VGUS]^K�KVKaQ^J���]O�XHWO\�OZSLY_UH\��

DYLQRITKVO�f^S�RK�VK\�^QW��ZH]Y_W���KW�KW^SN[G]Y_VOTKS�]^OJUY_VO�]^YW�KMg[S]^Y�5_[cZKJY_\�KZYSTSYT[G^O\�VWQVfWSK�TKS�a[HQ��DYLQRITKVO�WK� KWYgVO�ZK^[Sh^O\�TKSWK�TKRJ]Y_VO�]^Y�]TKVWJ�fUY_\�K_^Yg\�ZY_�HaY_W�_ZYM[GbOSVWQVfWSK�TKS�HaY_W�NSKZ[GXOS�O]aG^Q�Z[YNY]JK�VO�LG]Q� YAgW^KMVK�TKS�^YW�?YSWSTf�:hNSTK��:KS�^h[K�LMITKVO�KZf^K�Ng]TYUK�TS�H[aYW^KS�^K�aOS[f^O[K��^K�ZYUg�aOS[f^O[K�fZc\�NIUc]O�Y�B[g`cW�1UOXSGNQ\��:S�OVOJ\�KTfVQ� Y_\�KWO�afVK]^O��F\�Zf^O�

� ������� ����������������������� ������� � ������

������������� �������� ������ �

�������� �������� � ����������

�������"��#+�#��������)"#���%�$����)��#�%�*!���������'#-�����������!�#�"��"'�����#"% ����!"'!�(-#*!�"�,�'�'%���#+�*!.&�MSK�^Y�&?[fM[KVVK�OZS�aY[IMQ]Q\�OZSaOS[I]OcW�MSK� QW�KZK]afUQ]Q���KWH[McW�ZY_�L[J]TYW^KS�]O�SNSKJ^O[K�VOSYWOT^STI�RH]Q�QUSTJK\�GWc�^cW���O^hW'��<O�^Y�Z[fM[KVVK�OZSaY�[QMYgW^KS�SNSc^STH\�OZSaOS[I]OS\��]_WO^KS[S]VYJ�:>9=�A�5?���TKS�MOWSTG�O[MYNf^O\�ZY_�K]TYgW� KT^STIYSTYWYVSTI�N[K]^Q[Sf^Q^K�MSK� QW�Z[f]UQbQ�KWH[McWZY_�OJWKS�OMMOM[KVVHWYS�]^Y�VQ^[hY� Y_�>[MKWS]VYgMSK�a[YWSTf�NSG]^QVK�GWc� cW���VQWhW��A^Y�Z[fM[KVVKNSTKSYgW^KS�WK�]_VVO^G]aY_W�OZSaOS[I]OS\�ZY_�TK^G^Y��VQWY�Z[SW� YW�VIWK�_ZYLYUI\� Q\�KJ^Q]I\� Y_\�NOW�HaY_W�Z[YLOJ�]O�VOJc]Q�Z[Y]cZSTYg��OWh�YS�Z[Y]�UIbOS\�KWH[McW��VH]c�^Y_�Z[YM[GVVK^Y\��Z[HZOS�WKKW^SZ[Y]cZOgY_W�TKRK[I�KgXQ]Q� Y_�K[SRVYg�O[MK�PYVHWcW�^Q\�OZSaOJ[Q]Q\�

�*$���������!�$������#�������)"#���%�$�����!�$������!�$�

BY�gbY\�^Q\�OZSaY[IMQ]Q\�KWH[aO^KS�]^Y����^Y_VQWSKJY_�VS]RYUYMSTYg�TKS�VQ�VS]RYUYMSTYg�Tf]^Y_\^Y_�c`OUYgVOWY_��VO�KWh^K^Y�f[SY� K���O_[h��A^Y�VS�]RYUYMSTf�TKS�VQ�VS]RYUYMSTf�Tf]^Y\��TKS�]^QW�OZSaY�[IMQ]Q��]_VZO[SUKVLGWYW^KS�YS�KTKRG[S]^O\�Z[KMVK STH\VQWSKJO\�KZYNYaH\�TKS�YS�OS]`Y[H\�ZY_�LK[gWY_W� YW�O[�MYNf^Q��fZc\�OZJ]Q\�YS�KZYPQVSh]OS\�^Y_�4h[Y_�E[S�]^Y_MHWWcW��4h[Y_�?G]aK�TKS�5ZSNfVK^Y\�1NOJK\��>SKZYPQVSh]OS\�K_^H\�TK^KLGUUYW^KS�TK^G�^Y�VIWK�]^YWYZYJY�KW^S]^YSaYgW��VHa[S�]_VZUQ[h]Oc\� Y_�KWh^K^Y_ZY]Yg� Q\�OZSaY[IMQ]Q\��7�]_WYUSTI�NSG[TOSK� Q\�OZS�aY[IMQ]Q\�OJWKS�OWWHK�VIWO\��OWh�VZY[OJ�WK�OZOT^KROJMSK�OZSZUHYW�OWWHK�VIWO\�O`f]YW�Y�O[MYNf^Q\�_ZYLGUUOS]aO^STI�KJ^Q]Q�OW^f\���QVO[YUYMSKThW�QVO[hW�KZf� QUIXQ� Q\�K[aSTI\�OZSaY[IMQ]Q\��>S�O[MYNf^O\�NO]VOgYW^KS

WK�NSK^Q[I]Y_W�^S\�OZSaY[QMYgVOWO\�RH]OS\�O[MK]JK\TKRh\�TKS� Y�Z[YeZG[aYW�Z[Y]cZSTf� Y_\�MSK� Y�YZYJYHaY_W�NO]VO_ROJ��VH]c� Q\�OMT[S STI\�KZf`K]Q\�_ZKMcMI\�^Y_UGaS]^YW�MSK� [OS\�VIWO\�VO^G� Q�UIXQ� Q\�OZSaY[IMQ]Q\�BY� Z[fM[KVVK� OJWKS� ]_WYUSTYg� Z[YeZYUYMS]VYg����O_[h�MSK� K�H^Q�������TKS�a[QVK^YNY^OJ KSKZf� YW�5WSKJY�;YMK[SK]Vf�MSK� QW�5`K[VYMI�:YSWcWSThW?YUS^SThW��5�;�5�:�?����>S�O[MYNf^O\�ZY_�OWNSK`H[YW^KSWK�OW^KaRYgW�]^Y�Z[fM[KVVK�_ZYLGUUY_W�QUOT^[YWSTG^QW�KWK[^QVHWQ��]^QW�S]^Y]OUJNK�^Y_�>[MKWS]VYg�%%%������� ��KJ^Q]Q�_ZKMcMI\�)�_ZOgR_WQ�NIUc]Q�ZY_�OVZO[SHaOS� QW�OW^YUI�TOWI\�RH]Q\���VHa[S�OXGW^UQ]Q\^cW�NSKRH]SVcW�RH]OcW� Y_�Z[YM[GVVK^Y\���_Zf� QW�Z[Y�eZfRO]Q�WK�HaY_W�ZK[KUGLOS�TUOSNG[SRVY�KZf� K�:?1�>154� Q\�ZO[SYaI\� Y_\��VO� YW�YZYJY�HaY_W�Z[f]LK]Q]^S\�7UOT^[YWSTH\�CZQ[O]JO\�����!� $���!���

%(� �%&��+���� �#+���#�!&�!&��(�#���)#��&"�&� "$�"�����#��+&�&�$�&�$�����#����&�'%�$�+'�+�%')�+")�!�/�!&")�!� '�� �)��NQUKNI�KVH]c\�VO^G� Y�?G]aK� cW�TKRYUSThW��OZS�]^[H`Y_W�]^QW�1RIWK�YS�OTZ[f]cZY_�^cWRO]VhW�Z[YTOSVHWY_�WK�YUYTUQ[cRYgWVHa[S�^S\���1Z[SUJY_�YS�NSKLY_UOg]OS\�VO^QW�OUUQWSTI�T_LH[WQ]Q�MSK� Y�NQVY]SYWYVSTfTKS� Y�K]`KUS]^STf��:Y[_`KJYS�ZK[GMYW^O\^cW�O_[cZKdThW�RO]VhW�fZc\�YS�T�T��<Y�]TYLS]J�TKS�=^GS]OUVZUY_V��HaY_W�OT`[K]^OJVO�RO^STf�^[fZY�MSK�^QW�OXHUSXQ�^cW�NSK�Z[KMVK^Og]OcW��OZS]QVKJWYW^K\� K�LIVK^KZ[YfNY_�ZY_�HaY_W�]QVOScROJ�Hc\� h[K�]^S\NSKZ[KMVK^Og]OS\�VO^KXg� cW�NgY�ZUO_[hW�A S\� OUO_^KJO\�]_WKW^I]OS\�ZY_�OJaO�Y�_ZY_[�Mf\�5[MK]JK\�T��3��:K^[YgMTKUY\�VO�^YTY_K[^H^Y� cW�RO]VhW��ZK[Y_]JK� Y_�T��5�B]KTKUh^Y_��O^HRQ]KW�fUK�^K�RHVK^K�^Q\K]`KUS]^STI\�VO^K[[gRVS]Q\�]^Y�^[KZHPS^cW�NSKZ[KMVK^Og]OcW��>�KZYUYMS]Vf\� cWZHW^O�^OUO_^KJcW�OZK`hW�ZY_�OJaKW�YS�NgYZUO_[H\�^S\�Z[YQMYgVOWO\�OLNYVGNO\��ZO�[SUKVLGWOS�Y_]SK]^STG�]QVOJK�]_MTUJ]OcW]^Y�TK_^f�RHVK� Y_�K]`KUS]^STYg��KUUG�TKS]QVKW^STH\�KZYTUJ]OS\��1ZYTUJ]OS\��^S\YZYJO\�ZK[GMYW^O\� Y_�_ZY_[MOJY_�5[MK]JK\KZYNJNY_W�T_[Jc\�]^S\�_ZO[LYUSTH\�KZKS�^I]OS\� cW�ZS]^c^hW��YS�YZYJO\�fZc\�OZS]Q�VKJWY_W�aK[KT^Q[S]^STG��OJWKS�&OT^f\�VWQ�VYWSKThW�NO]VOg]OcW�TKS�]_VLK^SThW�_ZY�a[Oh]OcW'� Q\�ah[K\��4QUKNI��NOW�KZY[[HY_WKZf� K�Z[YLUOZfVOWK� Y_� [J Y_�VWQVYWJY_�5WNOST STI� Q\�]^G]Q\� Q\�OUUQWSTI\�ZUO_[G\�MSK� YW�KVYSLKJY�]OLK]Vf� cW�_ZYa[Oh]OcWZY_�KZY[[HY_W�KZf�^K�]_V`cWQRHW^K�]^Y^[J Y�VWQVfWSY��OJWKS�Q�NIUc]Q� Y_�_ZY_[MYg5[MK]JK\��Y�YZYJY\�]aYUSGPYW^K\�^Y�Zf]YKWKUYMSTf�RK�OJWKS� Y�]g]^QVK� cW�Tg[ScW]_W^GXOcW��NIUc]O�f S�K_^f�RK�OJWKS�KZf`K]Q^Q\�OUUQWSTI\�ZUO_[G\�TKS� fWS]O�aK[KT^Q�[S]^STG�f^S�&4OW�]_MT_LO[WYgVO��VO�^Y_\RO]VYg\��TKS�NOW�_ZG[aOS�NH]VO_]Q�ZY_�WKKZY[[HOS�KZf� Y�VWQVfWSY'��1Zf� QW�ZY[OJK

^cW�NSKZ[KMVK^Og]OcW�VHa[S� h[K�Z[YTgZ^OSf^S�_ZI[XKW�YS�&KWKMTKJYS�]_VLSLK]VYJ'�TKSKZf� S\�NgY�ZUO_[H\��Z[YTOSVHWY_�WK�L[OROJ]O�K[TO^G�RHVK^K�TYSWf\� fZY\�MSK� QW� OUSTI]_V`cWJK��KUUG�OXKTYUY_RYgW�WK�ZK[KVH�WY_W�c\�&]TUQ[G�KMTGRSK'� Y�RHVK� cW�VOS�h]OcW� cW�OZSTY_[SThW�]_W^GXOcW�� Y�gbY\KgXQ]Q\� cW�K]`KUS] SThW�OS]`Y[hW��TKRh\TKS� K�ZY]Y]^G�KWKZUI[c]Q\�]^Y�KW^KZY�NY^STf� VIVK� Q\�]gW^KXQ\�ZY_�KW^S]^YSaOJ]^K�H^Q�K]`GUS]Q\��AO�K_^G�^K�RHVK^K�YSNSKZ[KMVK Og]OS\�KWKVHWO KS�WK�OJWKS�]TUQ[H\VHa[S� QW� OUO_^KJK�]^SMVI�TKRh\� Y�VZ[KW^W^O�`O[�VO^KXg�OUUQWSTI\�T_LH[WQ]Q\�TKSTY_K[^H^Y_�RK�]_WOaS]^OJ�VHa[S�WK�&TUOJ]Y_W'fUO\�YS�OTT[OVf^Q^O\��

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

1Zf� QW�OXHUSXQ� cW�NSKZ[KMVK^Og]OcW]^Y�K]`KUS]^STf�Z[YTgZ^OS�f^S�_ZG[aY_WHXS�LK]STG�]QVOJK��Mg[c�KZf�^K�YZYJK�RKT[SROJ�^Y�^OUSTf�KZY^HUO]VK�^Q\�NSKZ[KM�VG^O_]Q\�VO� Y_\�ZS]^c^H\��BK�]QVOJK�K_^GOJWKS�^K�OXI\�

���5RWSTI�]gW^KXQ��� �O_[h�MSK�fUY_\VO���H^Q�K]`GUS]Q\��ac[J\�OS]YNQVK^STGT[S^I[SK�TKS�� ����O_[h�MSK�f]Y_\�HaY_W��H^Q�K]`GUS]Q\��4QUKNI��]O�]aH]Q�VO^QW�K[aSTI�Z[f^K]Q�^Q\�T_LH[WQ]Q\�RK_ZG[aOS�VOJc]Q�^Q\�ORWSTI\�]gW^KXQ\�Hc\TKS���MSK�f]Y_\�HaY_W���]_W^GXSVK�H^QK]`GUS]Q\��1_^f�]QVKJWOS�VOJc]Q�TK^G���KWG�H^Y\��KZf�^Y��Y�H^Y\�Hc\�TKS�^Y��YH^Y\��<GUS]^K��Y�_ZY_[Mf\�5[MK]JK\�T�3Sh[MY\�:K^[YgMTKUY\�KZH[[SbO�c\�KW_�Zf]^K^K�fUK�^K�]OWG[SK�ZY_�HTKWKW�UfMYMSK�ORWSTI�]gW^KXQ�]^K�����O_[h��

���?Y]Y]^G�KWKZUI[c]Q\�^Q\�KW^KZY�NY^STI\�]gW^KXQ\��AgV`cWK�VO� YW�_ZY_[Mf5[MK]JK\�^Y�4=B�OXKTYUY_ROJ�WK�HaOS�^S\VOMKUg^O[O\�NSK`cWJO\�]^Y�ZO[SOafVOWY� Q\

NSKZ[KMVG O_]Q\�MSK� K�RHVK^K� cW�ZY]Y]^hWKWKZUI[c]Q\�OWh�Q�Z[Y]cZSTI�NSK`Y[GKZf�^YW�OZKW_ZYUYMS]Vf�^cW�]_W^GXOcWOZSTOW^[hWO^KS�TK^G� QW�OT^JVQ]Q� Y_�VfWY]O�&^OaWSTG�RHVK^K'��7�NSK`cWJK�]^Y�RHVK^cW�ZY]Y]^hW�KWKZUI[c]Q\�OW^YZJPO^KS�]^Yf�^S�^Y�_ZY_[MOJY�5[MK]JK\�OZSNShTOS�VO�MKUg^O[Q�Z[Y]^K]JK� cW�aKVQUfVS]RcW�O[�MKPYVHWcW��G[K�TKS�aKVQUfVS]RcW�VOU�UYW^SThW�]_W^KXSYgacW��OWh�YS�OTZ[f]cZYS^cW�RO]VhW�OZSNShTY_W�VOMKUg^O[Q�]gWNO]Q^cW�O^hW�K]`GUS]Q\�TKS�^cW�OS]`Y[hW�VO^S\�]_W^KXSYNY^STH\�ZK[YaH\��1_^f�]QVKJWOSf^S�PQ^YgW�O_RHc\� Q�VOJc]Q� cW�ZY]Y]^hWKWKZUI[c]Q\�MSK�f]Y_\�HaY_W�Hc\���H^QK]`GUS]Q\�TKS�^QW�KgXQ]Q�^cW�ZY]Y]^hWKWKZUI[c]Q\�MSK�f]Y_\�HaY_W�KZf���H^QHc\�TKS� �H^Q�K]`GUS]Q\��5ZS]QVKJWY_VO�f^S�Q�K[aSTI�Z[f^K]Q� Q\�T_LH[WQ]Q\�MSKf]Y_\�LMY_W�]^Q�]gW^KXQ�VO��O^JK�OJWKSVO�ZY]Y]^f�KWKZUI[c]Q\������

���1Wh^K^K�ZUK`fW��<O� Y�WHY�K]`KUS] STfWfVY��^Y�KWh^K^Y�f[SY�OS]YNIVK^Y\�KZf]_W^GXOS\�MSK�f]Y_\�UKVLGWY_W�ZO[S]]f^O[O\KZf�VJK�]gW^KXQ�RK�OJWKS������O_[h�VST^GMSK�^Y�]gWYUY�^cW�]_W^GXOcW��KZf�����O_[h�ZY_�OJWKS�]IVO[K��BY�KWh^K^Y�f[SYMSK� Q�VJK�]gW^KXQ��RK�OJWKS�]^K���� �O_[hKZf�������O_[h�ZY_�OJWKS�]IVO[K��>S�RO]VYJNOW�HaY_W�OT`[G]OS�KW^S[[I]OS\�]O�K_^I^QW�Z[f^K]Q��

���?UK`fW�]^Y�GR[YS]VK�Tg[SK\�TKS�OZS�TY_[STI\�]gW^KXQ\�Hc\�� �O_[h��5T SVG^KSf^S�ZGWc�KZf�K_^f�^Y�gbY\�RK�_ZG[XY_WVOSh]OS\�]^S\�OZSTY_[STH\�]_W^GXOS\��BYZY]f�K_^f�]^Y�GR[YS]VK� cW�NgY�]_W^GXOcW`KJWO^KS�f^S�]_VZ_TWhWOS�^Y�KZY^HUO]VKfUcW� cW�ZY]Y^SThW�VO^[I]OcW�ZY_�HaY_WMJWOS�KZf�^Y�_ZY_[MOJY�5[MK]JK\�MSK�WKZ[Y]NSY[S]^YgW�^K�OZJZONK�ZGWc�KZf�^KYZYJK�RK�MJWY_W�YS�OWNOafVOWO\�ZO[STYZH\�KWGUYMK�VO� QW�ZY[OJK� cW�NSKZ[KMVK^Og�

]OcW��4QUKNI�� Y�gbY\� cW�ZO[STYZhW�KZY�^OUOJ�]_WG[^Q]Q�VSK\�]OS[G\�OZSVH[Y_\�VO�^KLUQ^hW�ZK[KMfW^cW�^Y_�K]`KUS]^STYg�KZf�^Y_\�YZYJY_\�RK�OXK[^QROJ�^Y�LGRY\TKS�Q�HT^K]Q�^cW�VOSh]OcW��BH^YSYS�ZK[G�MYW^O\�OJWKS��Q�KW^KZYNY^STI�]gW^KXQ��^KZY]Y]^G�KWKZUI[c]Q\��Q�OXYSTYWfVQ]QZf[cW�KZf� Q�VOJc]Q� Y_�KWh^K^Y_�ZUK`fW�^Y�^OUSTf�ZY]f�KgXQ]Q\�^cW�K]`KUS]^SThWOS]`Y[hW�]^S\�OZSTY_[STH\�TKS�G[K�^Y�KW�^J]^YSaY�NQVY]SYWYVSTf�f`OUY\�T�K��

���<OSh]OS\�]O�ZO[JZY_����OZS�TY_[STH\�]_W^GXOS\��<fWY�]^Y�5WSKJY�BKVOJY5ZSTY_[STI\�1]`GUS]Q\��TK^KM[G`YW^KS�������OZSTY_[STH\�]_W^GXOS\�ZY_�T_�VKJWYW^KS�KZf� �O_[h�Hc\�TKS����O_[h��ZY]G�Z[Y�VWQVYWSKThW�ZO[STYZhW��1Zf�K_^I� Q�&NOXKVOWI'� cW��������]_W�^GXOcW�RK�KWKPQ^QRYgW�ZO[JZY_�YS���OZSTY_[STH\�]_W^GXOS\�OZJ�^cW�YZYJcW�RKOZSLUQRYgW�YS�WHO\�VOSh]OS\��A^OUHaQ�^cWK]`KUS]^SThW� KVOJcW�OT^SVYgW�f^S�YS�WHO\VOSh]OS\�RK�T_VKWRYgW�VO]Y]^KRVSTG�Mg[c]^Y����������2HLKSK��YS�VOSh]OS\�RK�OZO�T^KRYgW�TKS�]^K�GUUK� KVOJK�ZY_�aY[QMYgWKW^J]^YSaK�_bQUH\�OZSTY_[STH\�]_W^GXOS\fZc\�OJWKS� K�OZSTY_[STG� VIVK^K� cW�UO�MfVOWcW�&O_MOWhW�^KVOJcW'��

���1gXQ]Q�K]`KUS]^SThW�OS]`Y[hW�]^S\OZSTY_[STH\�TK^G������7�K[aSTI�Z[f^K]Q^Y_�_ZY_[MOJY_�Z[YHLUOZO�K_^I�Q�KgXQ]QWK�OZSVO[S]ROJ�TK^G���]^Y_\�O[MYNf^O\TKS�TK^G�����]^Y_\�O[MKPfVOWY_\��A^YRHVK�K_^f�_ZG[aOS�S]a_[I�NSK`cWJK�^cWOTZ[Y]hZcW� cW�RO]VhW�TKS�OSNSTG� Q\�OT�Z[Y]hZY_�^Y_�4=B��-^]S��fZc\�`KJWO^KS�K_^I�Q�NSK`cWJK�RK�ZK[KVOJWOS�HWK�KZf� KKMTGRSK�^Q\�NSKZ[KMVG^O_]Q\�VHa[S�WK_ZG[XOS�Q�Y[S]^STI�]_V`cWJK�]^K�VH]K1Z[SUJY_�

Page 6: -5/21#%.%(05.,- 4* ˛ ˛ ˘ ˚ ˇ ˝ ˙ˆ ˇ ˛ ˆ ˜˝ ˆ˛ ˚ˆ˙˝ˆ ˝ ˘˘ ˚ ˛ˇ · ˚ ˘˘ ˜˝ ˙ ˛˜ˆ˝ ˇ%#$ # !&""# ˝ ˆ ˙ ˆ ˆˇ ˆ ˇ ˆ˘ ˇ %˚%’!˚#˛˝%˙˝

� � �������������������������������

��������������������� �����

��������(%�%��%"&�e^S�RK�NSO_[_WROJ�^YZ[Y]TUQ^I[SY�^Q\�Dg`Q\�3OWWQVK^GMSK� QW�KWK]_MT[e^Q]Q� Q\�TOW^[Y�K[S�]^O[G\�OXH`[K]O�Y�Z[gQW�_ZY_[Me\�TKSLY_UO_^I\�^Q\�4QVYT[K^STI\�A_VZK�[G^KXQ\��1WN[HK\�;YLH[NY\�TKS�Z[e]RO]OZc\� Y�?1A>:�NOW�NSOTNSTOJ�K_^IW�^QWg[K�OTUYMH\��MSK^J�RK�I^KW�OZSPIVSO\�MSK^QW�ZYUS^STI�]^KRO[e^Q^K�^Y_�^eZY_�

��-��,�.% $�.5'13(*�/*�+,*.%&"�/�,$*�/"-��61"-� (("'�/��. � �*�3,�%"�%�$���+�(�,�*0�BY�?1A>:�ONg�TKS�K[TO^e�TKS[e�OZSaOS[OJ

HVZ[KT^K� QW�KWK]_MT[e^Q]Q� Y_�ZYUS STYfVK\�ag[Y_�:GWKVO� Y�Z[g^Y�LIVK� YW�AO�Z^HVL[SY��VO�^Q�47<1@�TKS�^S\�:SWI]OS\?YUS^gW�TKS�]fV`cWK�VO� QW�YVe`cWQ�KZe�`K]Q�^Y_�A_WON[JY_�VK\��]_WOaJPY_VO�]OK_^I� Q�M[KVVI�8K� QW�ZGVO�NO�VHa[S� Y^HUY\��VO�e]Y_\�Z[Y^JROW^KS�OSUST[SWG�WKZ[Yac[I]Y_VO�:KS�Z[g^K�KZ-�eUK�VO� Y_\aSUSGNO\�ZYUJ^O\�ZY_�ZO[SVHWY_W�KZe�OVG\Z[c^YLY_UJO\�TKS�SNJc\�Z[Y^G]OS\�ZY_�RKHaY_W�WeQVK�MSK� Q�PcI� Y_\�=HY_\�ZYUJ^O\TKS�]^OUHaQ�ZY_�OW^G]]YW^KS�]^S\�NYVH\VK\�TKS�]_VLGUUY_W�VO�^S\�SNHO\�^Y_\�>SOZS]^YUH\�ZY_�KWK`H[O^O�OJWKS�VH[Y\�VeWY^Q\�]_WYUSTe^O[Q\�ZYUS^STI\�VK\�MSK�^YRHVK�ZY_�NOW�OXKW^UOJ^KS�]O�K_^H\�

�$� %/$'�/ �4/$�#����( $�' �/"(��)$*�&4�"."�� ��+ ,�.*0(�/��'�/,����&�+ / �4/$�#��0+�,) $�+,4�&"'�./"(������/*0��������%�$�%�/�� +��%/�."� %&*��-�<O�K_^IW�^QW�:_LH[WQ]Q�YS�ZYUS^STH\

OT^SVI]OS\�NOW�OJWKS�OfTYUO\�:GRO�NSKLO�LKJc]Q�NSKbOfNO^KS�^S\�KVH]c\�OZeVOWO\QVH[O\�7�]_MTOT[SVHWQ�KXSYUeMQ]Q�]H[WO^KSINQ�KZe�^YW�=YHVL[SY�TKS�LKJWY_VO�ZSKZ[Y\�VSK�WHK�(2K[Y_`KTOSGNK)��]O�LG[Y\LHLKSK�^Q\�ag[K\�BK�KNSHXYNK�]_]]c�[OfYW^KS�TKS�Q�:_LH[WQ]Q�WYVJPOS�e S�TO[NJPOSa[eWY�/ac�ZOS�ONg�TKS�VIWO\��Zc\�YS^OUSTYJ�ZYUS^STYJ�e[YS�K_^I\�^Q\�ZO[SeNY_RK�NSK`KWYfW�VO� QW�TK^GRO]Q�K]`KUS] STYfTKS� Y[YUYMSTYf�Be^O�RK�NSK[[KMOJ�Y[S] STGY�NO]Ve\�^Q\�:_LH[WQ]Q\�VO�^Y_\�ZYUJ^O\ZY_�OZJ�a[eWSK�OXKZK^Yf]O�5`e]YW�K_^G

H[RY_W�^OUSTG�]^Q�2Y_UI��NOW�VZY[g�WKOJVKS�LHLKSY\�^S�RK�OZKTYUY_RI]OS�1Ze^Q�VSK�LUHZc�VSK�NSGRO]Q� cW�]_WKNHU`cW^Q\�]_VZYUJ O_]Q\�MSK�ZK[KVYWI�]^QW�OXY_�]JK�VO�TGRO�Te]^Y\��NOW�VZY[g�eVc\�WKNc��OSNSTG�KZe�Y[S]VHWY_\��Zg\�RK�bQ J]Y_WVH^[K�Z[c^Y`KWI�TKS�KWITY_]^K�3SK^JK_^G�ZY_�RK� H[Y_W��K_^YJ�ZY_�H^KPKW�K_�XI]OS\�VS]RgW�TKS�K`Y[YUeMQ^Y_��OZKWK`Y[G]_W^GXOcW�TUZ��OJWKS�^H^YSK�:KS�RK�Z[Y�TKUH]Y_W� OUSTG�ZYUS^STH\�OXOUJXOS\�VO� YWHWK�I�^YW�GUUY�^[eZY

�. �-�+$./ 5 / �./$-�+,*.+�# $ -.5'+& 0."-�+*&$/$%6(�1*,�3(�BY�ZS]^Ofc�TKS� Y�Hac�ZKUHbOS�ONg�TKS

TKS[e�BK�Z[YLUIVK^K�ZY_�HaY_W�]c[O_^OJ]^QW�ZK^[JNK�VK\�OJWKS� H^YSK�ZY_�KZKS^YfW]_WKSWH]OS\�:KS�KW�KWK`H[O]^O�]^YW�ZYUS STeVK\�ag[Y��RK�Zc�VeWY�Zc\�OJWKS�(ZYU_^HUOSK)GUUcW�OZYagW�Y�TK^KTO[VK^S]Ve\�1W�NOWVZY[H]Y_VO�WK�OT`[G]Y_VO�ZOS]^STG�VSKZ[e^K]Q�ZY_�RK�OT`[G]OS�VOMGUK� VIVK^K^Q\�TYSWcWJK\��^Y�VHUUYW�VK\�NOW�RK�OJWKSO_YJcWY�

�$�+*&�/ -��,�.%*(/�$��(/$'�/3+*$' �'$��1*,*%�/�$�������6-�#���(�/$' /3+�. $�/*�%4''��.�-�/��(���. ��,*-�/3(�'$%,*' .��3(�7�^c[SWI�:_LH[WQ]Q�I[RO�NIROW�WK

`H[OS�KWKTYf S]Q�A^QW�ZY[OJK��KN_WK^gW^K\WK�OTZUQ[g]OS�e]K�_ZY]aHRQTO�TKS�VQ�RH�UYW^K\�WK�N_]K[O]^I]OS�GUUY�^QW�TKTg\OWWYYfVOWQ�(ZOUK^OJK)� Q\��OZHUOXO�TKS�ZGUS^YW�OfTYUY�N[eVY�De[YS�TS�GUUYS�`e[YS]^Y_\�MWc]^Yf\��]_WOZOJ\� Y[YUYMYfVOWY_\BOUSTG��VO� Q�MWc]^I� Q\�OVZGROSK�TKS�SNO�YUQbJK�Q�:_LH[WQ]Q�TSWOJ^KS��WYVJPOS�^KXSTG�5ZS^JRO^KS�YUeZUO_[K�]^QW�SNSc^STIYSTYWYVJK�TKS� QW� OUOSgWOS�Y[S]^STG�5ZY�VHWc\�� Y�TeVVK�VK\��NOW�VZY[OJ�ZK[G�WKOJWKS�KZeU_^Y�KZHWKW^S�]O� H^YSO\�OZSUYMH\TKS�WK�ZKUOfOS�MSK� Y� HUY\�K_^I\� Q\�KNSH�XYNQ\�ZYUS^STI\�

�+*, �/ �(��'*0��6. / �/*�./��'�/"-�+*&$/$%�-�%*0&/*5,�-�/*0�(�*0������+*0�#���$ %�$%�. $�'$�� %&*��$%���(�'�/,"."�=K�XOTKRK[J]Y_VO�NfY�Z[GMVK^K��^Y

?1A>:�NOW�NSOTNSTOJ�K_^I� Q�] SMVI�OTUYMH\�

Z[Y`KWg\�eaS�KZe�TGZYSK�NSGRO]Q�]^I[SXQ\^Q\�ZUHYW�KZY^_aQVHWQ\�:_LH[WQ]Q\��KUUGMSK^J�ROc[OJ�Zc\�Q�KLOLKSe^Q^G�^Y_\�]OK_^I� Q�]_MT_[JK�RK�OJWKS�OZSPIVSK�5ZJ]Q\�^Y�?1A>:�KW�HaOS�VSK�WHK�`_]SYMWcVJKK_^I�Z[YTfZ^OS�KZe�NfY�NONYVHWK�BQ�]_V�LYUI� cW�WOe^O[cW�]^OUOagW�VK\��KUUG�TKS^Q�]c[O_VHWQ�OVZOS[JK�VK\�KZe� Q�NSYJTQ]Q^Y_�T[G^Y_\��SNJc\�]^QW�OZYaI� Q\�T[J]Q\1_^I�Q�]TUQ[I�OVZOS[JK�TKS�^K�ZYUS^STG^Q\�KZY^OUH]VK^K��ZGWc�KZ-�eUK�VK\�HTKWKWWK�ZG[Y_VO�Y[S] STe�NSKPfMSY�VO� Y�UKdTS]VeBY�?1A>:�ONg�TKS�TKS[e�UHOS� QW�KUIROSK�HaOS�_ZY]^OJ� Y�Te]^Y\�MS-�K_^e�TKS� SUYNYXOJVeWY�WK�OJWKS�a[I]SVY�MSK�^YW�^eZY�/WK]fMa[YWY�TeVVK� Q\�]Y]SKUNQVYT[K^JK\�

�2 $��� $�% ,�$.'�("�"��&&����' /�/*�+�!�,$�������*0,%��-��$��/*�+,*�.10�$%4�?[g^K�KZ-�eUK��Z[HZOS�WK�K`I]Y_VO�UJMY

a[eWY�MSK�WK�NYfVO�]^QW�Z[GXQ�^S�KT[SLg\]_V`cWIRQTO�TKS�T_[Jc\�Zg\�RK�O`K[VY]ROJ3SK^J�VO�K_^IW�^QW�:_LH[WQ]Q�]_VLKJWOSKTeVK� Y�Z[c^Y`KWH\��WK�VQW�HaY_VO�ZUHYWTKVJK�OVZS]^Y]fWQ�] S\�OZJ]QVO\�KWKTYSWg]OS\^Q\�.UUK�VK\�UHWO�e^S�]_V`gWQ]KW��KTeVQTKS�KZe� Y�ZUHYW�OZJ]QVY�LIVK� Q\�2Y_UI\TKS�GUUK�NSKZS]^gWY_VO�VO^G�e^S�S]afY_WBY�bHVK�ZGOS�]fWWO`Y�/ZOS^K��Z[HZOS�WKNYfVO� QW�O`K[VYMI�?GW^c\��KZe� Q�]_V�`cWJK�K_^I��Zg\�VZY[YfVO�WK�ZYfVO�Zc\LMITKVO�TO[NS]VHWYS��<Z[Y]^G�]^Y�KWK�LKRVS]VHWY�TKRO]^g\�]_WYVSUQ^I�ZY_�TH[NS]OQ�BY_[TJK�TKS� Y_\�K_XQVHWY_\�Ze[Y_\�ZY_GW^UQ]O��Q�ag[K�VK\�^S�KUIROSK�ZH^_aO�ZH[K�KZe� QW�OZS]QVYZYJQ]Q� cW�TUOS]^gWLe[OScW�]_We[cW��<IZc\�^Y_\�BYf[TY_\OZS^Q[Q^H\�]^K�WQ]SG�

�*�%4''��/"-��)$3'�/$%�-��(/$+*�&�/ 0."-��2 $��+*%/�. $��.5'13(�' �/$-��"'*.%*+�. $-���'$���&&"��0�

(�'$%����6-�%,�( / �/"�./,�/"�$%�/*0��0,$�%*0��"/.*/�%"��?K[G� Q�]aO^STI�KWK^[YZI�ZY_�]_WS]^G

^Y�NQVY]TYZSTe�Z[YLGNS]VK�^Q\�=4��NOWLUHZc�TGZYSK�SNSKJ^O[Q�N_WKVSTI�BK�ZY�]Y]^G�^Q\�VGUS]^K�TSWYfW^KS�]^S\�H[O_WO\K[TO^G�aKVQUe^O[K�KZe� S\� OUO_^KJO\�OTUY�MH\�DKJWO^KS�Zc\�Q�KUUKMI�K_^I�T_[Jc\Y`OJUO^KS�]^QW�TKRJPQ]Q�^Y_�AC@961�TKS^QW�KZYMYI^O_]Q�ZY_�]TY[ZYfW�YS�NSKbOf�]OS\�^cW�_ZY]aH]OgW�^Y_�

��+*$*$�&�( �4/$�"�.0!�/"."�./"*0&���$��/"��$�+&*%�� �(�$��+*�+,*.�(�/*&$.'4-��$��/���&&��#�'�/���. �-�/$�&�/ ��$���0/4�7�T_LH[WQ]Q�OMTUcLS]VHWQ�]^K�VOMGUK

Z[YLUIVK^K�ZY_�Q�SNJK�NQVSYf[MQ]O�VO^QW�KWSTKWe^Q^K� Q\��]_aWG�bGaWOS�NSHXYNY]O�TSWI]OS\�OW^_Zc]SK]VYf�:SWI]OS\�eVc\ZY_�NOW�HaY_W�TKVJK�Y_]JK�TKS�VeWY�]^eaYHaY_W�WK� YWg]Y_W� Y�QRSTe� Q\�TYSWYLY_�UO_^STI\� Y_\�YVGNK\�ZY_�NOJaWOS�WK�OJWKSY�KNfWKVY\�T[JTY\�^Q\�AK`g\�TKS�Q�NSK�ZUYTI�OJWKS�HWK�ZYUf�]YLK[e�RHVK� Y�YZYJYeVc\�NOW�KW^SVO^cZJPO^KS�VO�TY[eWO\�0UK^K�VOMGUK�RHVK^K�ZY_�VK\�KZK]aYUYfWa[OSGPYW^KS�]aHNSY�TKS�Z[GXOS\�7�]QVO[SWIT_LH[WQ]Q�eVc\�VK\�HaOS�KZYNOJXOS�e^S�NOWNSKRH^OS�^JZY^K�KZe�^K�NfY

�0'' ,�! ./ �/*0-�14�*0-�+*0�0+�,�2*0(�./"(��&&����4/$�/�/*$*0� ��*0-2/0+�'�/��'+*, ��(�� + %/�#*5(.��4&"�/"(��0,6+"��5faYVKS�TKS�OUZJPc�Zc\�eaS�1W�TKS�Q

55�NOW�VK\�HaOS�]_WQRJ]OS�]O�M[IMY[O\KZY`G]OS\�OJVKS�ZOZOS]VHWY\�Zc\�ZYUfM[IMY[K�RK�O`K[VY]^OJ�HWK�KZY^OUO]VK STe]aHNSY�ZY_�RK�KW^SVO^cZJ]OS� Y�Z[eLUQVK7� [YVYT[K^JK�NOW�UfWOS�Z[YLUIVK^K�KUUGNQVSY_[MOJ�:KS�K_^e�Q�5_[gZQ� cW�K[agWTKS� cW�KXSgW� Y�MWc[JPOS�ZG[K�ZYUf�TKUG�

��������� �������������������� �������� ����

� ����� ���� ��"� �

��� ���� �������

�)!&���'�� ���]O�Z[e]`K^Y�WK_^SUSKTe�]_WHN[SY�TK^IMMOSUKW�e^S�ZHW^O�ag[O\��^Y�;Y_XOVLYf[MY�Q�:fZ[Y\��Q�3O[VKWJK��Q�<OMGUQ�2[O^KWJK�TKS

OSNSTe^O[K�^Y�;YWNJWY�KUUG�TKS�Q�<GU^K��OZSaOS[YfWWK��TUHbY_W��KZe� QW�5UUGNK� S\�OUUQWSTH\�WK_^SUSKTH\OZSaOS[I]OS\�:KS� Y�=^Y_VZGS��TKS�Q�ASMTKZYf[Q�TK�^YWYVG]^QTKW�OZJ]Q\�c\�NSOTNSTQ^H\� Q\�HN[K\� cW�OU�UQWSTgW�WK_^SUSKTgW

5JWKS�KXSYZ[e]OT^Y�e^S�K_^G�]_VLKJWY_W�OWg�Q�5_�[cZKdTI�/Wc]Q� H[O^KS�WK�KXSgWOS� QW�KfXQ]Q� Q\� Y�[YUYMSTI\�OZSLG[_W]Q\� cW�OW�5UUGNS�WK_^SUSKTgW��TKSZK[G�^Y�MOMYWe\�e^S�Y�OUUQWSTe\�`e[Y\�ac[Q^STe^Q^K\ZY_�OZSLGUUO^KS�OZJ�^Y_�^YWGP�^Y_�]^eUY_�OJWKS�^[OS\`Y[H\�VOMKUf^O[Y\�KZe� Y�NOf^O[Y�_bQUe^O[Y�]^QW�55TKS�NHTK�`Y[H\�VOMKUf^O[Y\�KZe�K_^eW�^Q\�<GU^K\�

5WNOST^STe�^Y_�TUJVK^Y\��]^Q�VOMKUf^O[Q�SNSc^STIOUUQWSTI�LSYVQaKWJK� Q�WK_^SUJK�VK\��ZY_�Z[Y]`H[OSGWc�^Y_����^Y_�15?�TKS�^Y������^Q\�]_WYUSTI\�KZK�]aeUQ]Q\���"%&"!��"!%' &�!���$"'#����Y�ROVK^STe\^J^UY\��]O�#�!� �^Y_�]_WON[JY_��(WK�VOJWc�I�WK�`fMc)��

7�T_LH[WQ]Q�TKUOJ^KS�WK�KZKW^I]OS�]O�K_^e�KT[SLg\^Y�O[g^QVK�ZY_�ZUHYW�VK\�K`Y[G�eUY_\���

7�T_LH[WQ]Q�RK�Z[HZOS�WK�OXO^G]OS�^Q�NQVSY_[MJKOSNSTgW� Y[YUYMSTgW�PcWgW�VO�MOcM[K`STG�TKS�TUKNSTGaK[KT^Q[S]^STG��MSK� QW�KfXQ]Q� Q\�KZK]aeUQ]Q\�TKS^cW�O]eNcW�TKS�WK�Z[Y]HXOS�SNSKJ^O[K� Y_\� YVOJ\�ZY_�INQ��HaY_W�ZKMTe]VSO\�Z[c^SH\�

=K�KW^SM[GbOS� QW�ZKUSG�WYVYRO^STI�N[G]Q� Y_�KOJ�VWQ]^Y_�:�:K[KVKWUI�VO�^Y_\�=� ������TKS�������

=K�K]aYUQROJ�VO�]_MT[S^STI� Y[YUYMSTI�ZYUS^STI��1W^SUKVLGWO^KS�TKWOJ\�e^S��VO^G� QW�KUUKMI�ZUOf]Q\

]^QW�T_LO[WQ^STI�ZYUS^STI��TKS�]^QW�Y_]JK�^Q\���YVWQVeWSY��TKS�]^Y�f`Y\� Q\��PI^c��Q�]_WOWWeQ]Q���OZS�aOS[OJ^KS�WK�L[OROJ�Y�G[S]^Y\�LQVK^S]Ve\�]O�VSK�`Y�[YUYMSTI�ZYUS^STI�ZY_�RK�_ZY]^Q[JXOS� Q�LSc]SVe^Q^K^Y_�]_MTOT[SVHWY_�OMaOS[IVK^Y\�

?YUUG�HaY_W�Z[YKWKMMOUROJ��TGZYSK�^SVYUYMQROJ�`Y[YUeMQ]Q�OWYSTJcW��KM[Y^gW��OS]`Y[G�KUUQUOMMfQ\TUZ���TGZYSK�GUUK�eaS���NQUg]OS\�VKf[Y_�a[IVK^Y\�ZO[SY_]SYUeMSY��UKR[OVZe[SY�TKZWYf�TKS�TK_]JVcW�QUOT^[YWSTH\�]_WKUUKMH\�TUZ��OWg� KJWO^KS�WK�(bIWYW^KS)TKS�WHYS� e[YS�]O�TKf]SVK�TKS�9E�J]c\�TKS�]^S\� [KZOPSTH\]_WKUUKMH\��

(�1`Y[YUeMQ^Y�VH]c�TG[^K\�I� [GZOPK\��WHO\�KUUKMH\]^Q� Y[YUYMSTI�K^PHW^K� Y_� �����KWK^[YZH\�]O� e[Y_\TKS� HUQ�UeMc�VOJc]Q\�KW^STOSVOWSTgW��]QVKW^STI�HT�Z^c]Q�`e[Y_�MSK�OROUYW^STI�KZYTGU_bQ�TO`KUKJcW�`e[Y\�]^S\�^[KZOPSTH\�]_WKUUKMH\��ZYSWSTI�KVWQ]^JK^Q\�O`Y[JK\�]O�Y`OSUH^O\��Z[Y\�OWSKJK�TUJVKTK�]^Q� Y�[YUYMJK�OS]YNIVK^Y\)�OJWKS�YS�TKRQVO[SWYJ� J^UYS� cWOWKUUKT^STgW�]THbOcW�]^K�`Y[YUYMSTG�RHVK^K��ZY_^[OUKJWY_W�^Y_\�ZYUJ^O\�

0UK�K_^G��]O�VSK�KMY[G�`Y[YNY^STG�OXKW^UQVHWQ�TKS�VO�NSKNSTK]JO\�ZY_�NOJaWY_W�LKU^cVHWO\�K`Yf�^YVOW�_ZY_[MOJY�>STYWYVSTgW�KTeVQ�OZSaOS[OJ�VO�(WHO\)YNQMJO\��VeUS\�^Q\��Q\�=YOVL[JY_� �����(*MSK�^QWKWGUc]Q�TO`KUKJY_�Z[YQMY_VHWcW�O^gW�TKS� QW�Z[Y�]KfXQ]Q�ZO[SY_]JK\)�� K�NO�OUUQWSTG�NSTK]^I[SK��NS�YSTQ^STG�O`O^OJK��KZY`KJWYW^KS�TKS��K[WQ^STG��]O�KWK�N[YVSTYf\�OUHMaY_\�Z[SW�^YW�=���� �����OWg�OT�T[OVYfW�]YLK[G�Z[YNSTK]^STG�O[c^IVK^K�]^Y�A^5�

BY�JNSY�^Y�_ZY_[MOJY�OWJY^O�VSUG�MSK�KUUKMH\�+Y[�MKWc^STYf,�aK[KT^I[K�TKS�Y�K[VeNSY\�_ZY_[Me\�MSK+O_aG[S]^O\�OTZUIXOS\,�MSK� Y_\� Y[YUYMYfVOWY_\��OWgZ[e]`K^K�Z[YKWIMMOSUO�J]c\�TKS�(^K�aOS[e^O[K)*

7�N_]G[O]^Q�Z[KMVK STe^Q^K�OJWKS�e S�HaOS�]_V`cWQROJVO�^Y��Y�VWQVeWSY�WK�L[ORYfW�Hc\�^Y� ����TYWNfUSKZUHYW� Y_������� Y_�15?�KZe� e[Y_\������� Y_�15?KZe�D?1�������^Y_�15?�KZe�`e[Y_\�OS]YNIVK^Y\�������^Y_�15?�KZe�GUUO\�ZO[STYZH\�NKZKWgW�TKSUYSZG�H]YNK��

3SK� Y�GUUY������ Y_�15?�N_]^_ag\�KWKVHWO^KS�e^SRK�(`[YW^J]Y_W)�YS�]_W^GXOS\��^c[SWH\�I�VOUUYfVOWO\��

BY�OUUQWSTe�`Y[YUYMSTe�OZS^OUOJY�RK�Z[HZOS�WK]^KRVJ]OS� QW�KZYVOJc]Q� cW�OUUQWSTgW�ZO[SY_]SKTgW]^YSaOJcW�TK^G�^Y_UGaS]^YW�� �NS]OT�NYUG[SK��KZe^Y� ����Hc\�]IVO[K��WK�R_VQROJ�^QW�KWS]YTK^KWYVI^Y_�ZKMTe]VSY_�ZUYf^Y_�TKS� Y�e^S���� [S]OT�NYUG[SKOJWKS�T[_VVHWK�]O�NSG`Y[Y_\� Y[YUYMSTYf\�ZK[KNOJ]Y_\�>>A1�*

1_^I�OJWKS�Q�KS^JK�^cW�(TeTTSWcW)�NKWOJcW�TKS�^cWUQXSZ[eRO]VcW�a[OgW��4OW�TK^H]^Q]KW�YS�/UUQWO\�TK�TYZUQ[c^H\�^K�^OUO_^KJK���a[eWSK�^Q\�OUUQWSTI\�YS�TYWYVSTI\�9]^Y[JK\��

BY�OUUQWSTe� Y[YUYMSTe�OZS^OUOJY�RK�Z[HZOS�WK�]aO�NSG]OS�MSK�^QW�5UUGNK�TKS�eaS�MSK�^Y_\�NKWOS]^H\�

=K�VQW�KMWYI]OS�^Y�WHY�UQXSZ[eRO]VY�a[HY\�^cW�����NS]OT�O_[g�ZY_�NQVSY_[MIRQTO�VH]K�]^Y� ����

=K�VQW�KMWYI]OS�e^S�Y�>>A1�eVc\�VK\�HaOS�KWKTQ[fXOS^Q�aOS[e^O[Q�`Y[YUYMSTG�ag[K�MSK�VSK�YSTYMHWOSK�VO �ZKSNSG*�

=K�VQW�KMWYI]OS�^Q�WOT[I�T^QVK^KMY[G��VO�VeUS\������]_WKUUKMH\�^Y� ����HWKW^S��������^Y� ����KW�TKS�YS�^SVH\�HaY_W�VOScROJ�^Y_UGaS]^YW�TK^G�����

=K�VQW�ZK[KVOJWY_VO��LU�4STK]^H\���5S]KMMOUOJ\�^Y�(YSTYWYVSTe�ZOS[KVK^ePcY)�^Q\�5_[gZQ\*

�� � �&#�$��%����#�$���!������"!" "�*�"$������

�"#"&�(!�$����� ��'�+!)!��+ �"'�"$�&�$��������������

������������� ��������������������������������������������������� ���������� �� ���� ���������!��������������������� ���� ��������������������� ����������

���������� ����������

�����!��($��#����%��$�^Y_�=1B>�3OW\�A^eU^OVZO[MTKMcWJPO^KS�TK^G�^Q\�UOMeVOWQ\�[c]STI\�KZOSUI\�OWg(TG^c�KZe� Q�Vf^Q� Y_)�]TY^gWY_W�KWR[gZY_\)��?[eTOS^KSMSK�ZST[e�]aeUSY�ZY_�KZY^_ZgWOS�eVc\�^QW�Z[KMVK^S�Te^Q^K�/MSWO�KZe� YW�Z[eON[Y� Q\�OZS^[YZI\�5Xc^O[STgWCZYRH]OcW� Q\�@c]STI\�:[K^STI\�4YfVK\�1UOXHS�?Y_]Te`�UJMO\�g[O\�VO^G�^Q�NYUY`YWSTI�^[YVYT[K^STI�OZJRO]Q]^QW�(Z[c^OfY_]K)� Q\�5_[cZKdTI\�/Wc]Q\�?[eTOS^KSMSK�VSK�^[KMSTI�OZKWGUQbQ�^Q\�S]^Y[JK\��K_^e�ZY_]_WHLQ�]^S\�2[_XHUUO\�0Zc\�Z[Y�VQWgW�]^Y�?K[J]S2YVLS]^STI� [YVYT[K^STI�OZJRO]Q��WOT[YJ��]_UU_ZQ^I[SG^QUOM[K`IVK^K�TKS� Y�(TUS]H)��OJVK]^O�eUYS�?K[SPSGWYS?SY�Z[SW��OJaO�MJWOS�^Y�JNSY�]^Y�;YWNJWY�TKS�ZSY�Z[SW]^QW�<KN[J^Q�TKS�ZYUf�ZSY�Z[SW�]^QW�=HK�Ce[TQ�?YSYOJWKS� Y�TYSWe�aK[KT^Q[S]^STe�eVc\�]^S\�NfY� OUO_^KJO\^[KMSTH\�ZO[SZ^g]OS\��:KS�VGUS]^K�]^QW�TK[NSG� Q\�UO�MeVOWQ\�5_[c�4QVYT[K^JK\��]^QW�HN[K�^Q\�55��]^QWHN[K� Y_�=1B>��7�TI[_XQ� Y_�]^[K^Sc^STYf�WeVY_�:KSK_^e�]QVK^YNY^OJ�ZUHYW�VSK�WHK�]OUJNK�MSK� QW�O_[cZKdTIZ[KMVK^STe^Q^K�A^Y�OXI\��Q�Z[c^OfY_]K� Y_�O_[c]_�]^IVK^Y\�RK�]^[K^YT[K^OJ^KS�TKS�TK^K[MYfW^KS�VO[STg\I�KWK]^HUUYW^KS�^K�K^YVSTG�NSTKSgVK^K��VO�^Y�GUUYRS^Q\�K]`GUOSK\� cW�ZYUS^gW�LOLKJc\�1_RKJ[O^O\�]_UUIbOS\ZYUS^gW�]^Y�Z[Y]TIWSY��OWg�VSK�^QUO`cWSTI�M[KVVI�RK�OJWKS�]^Q�NSGRO]Q�eUcW� cW�ZYUS^gW��VH]c� Q\�YZYJK\RK�TK^KMMHUUO^KS�e^S�ROc[OJ^KS�fZYZ^Y��

ESUSGNO\�]^[K^Sg^O\�VO�ZK[K^O^KVHWK�^K�eZUK��RKOZYZ^OfY_W��RK�OUHMaY_W�TK^G�^Y�NYTYfW�^S\�TSWI]OS\^cW�ZYUS^gW��]^Y�eWYVK�ZGW^K�^Q\�4QVYT[K^JK\�TKSZ[Y\�e`OUY\� cW�ZYUS^gW��:KS�YS�ZYUJ^O\�RK� Y�NOaRYfWK]VHWc\��ac[J\�NSKVK[^_[JK��NSe^S�RK�`[YW^J]Y_W�MS-K_^e�^K�MWc]^G�NSORWI�<<5��^K�YZYJK�VO�^S\� �c[O\KWKVO^KNe]OS\��RK�OW]ZOJ[Y_W� YW� [eVY�TKS� YW�ZKWSTe:KS�ZYSY\�RK� [YVYT[K^QROJ��0aS�LOLKJc\�YS�OZKMMOUVK^JO\^[YVYT[G^O\�KUUG�YS�GVYS[YS�ZYUJ^O\�1_^YJ�OJWKS�^KRfVK^K�]O�TGRO�ZO[JZ^c]Q�5ZSZ[Y]RH^c\��OJWKS�OWNO�aeVOWY�HWK�WHY�TfVK�S]UKVY`YLJK\��RK�T_[SOf]OS�^QWO_[cZKdTI�:YSWI�3WgVQ�

����� �� ����

BK�WHK�NYUY`YWSTG�a^_ZIVK^K�]^QW�TK[NSG� Q\�5_�[gZQ\�TKS�VGUS]^K�]^QW�HN[K�^Y_�=1B>��VeWY�^_aKJK

NOW�I^KW�AQVK^YNY^YfW�VSK�WHK�OZYaI��KWK`Y[STG�VO^Q�a[I]Q�^Y_�VKPSTYf�`eLY_�TKS�^Q\�VKPSTI\�^[YVY�T[K^JK\��NQUKNI� QW�VKPSTI�aOS[KMgMQ]Q�Z[Y\�e`OUY\^cW�YUJMcW�TKS�S]a_[gW�5JWKS�HWK\�Z[YGMMOUY\�MSK�^YGNQUY��KLHLKSY�TKS�MOVG^Y�`eLY�VHUUYW�ZY_�OZS`_�UG]]O^KS�MSK� YW�5_[cZKJY�ZYUJ^Q�5JWKS� Y�VIW_VK�e^S]^Y�OXI\��MSK�WK�OJ]KS�K]`KUI\��Y`OJUOS\�WK�_ZKTYf\TKS�VeWY�?[eTOS^KS�MSK�VSK�WHY_� fZY_� K]S]^STI�Z[K�T^STI�� QW�YZYJK�OJaO�MWc[J]OS�Q�O_[cZKdTI�OZST[G^OSK^YW�Z[YQMYfVOWY�KSgWK��VO� [K_VK^STH\�OVZOS[JO\�:KSVZY[OJ�^e^O�WK�I^KW�MWc]^I��Y[K^I�Q�O]^JK�OTZeWQ]Q\^cW� K]S]^STgW�]aONJcW�Bg[K�eVc\��_ZG[aY_W�Ke[K^KZK[GTOW^[K�OXY_]JK\��^K�YZYJK�OX_`KJWY_W�K_^Yf�^Y_OJNY_\�^K�VKTGL[SK�NYUY`YWSTG�]aHNSG�^Y_\�F]^e]Y�`[YW^JPY_W�WK�]^YaYZYSYfW��eZc\�MJWO^KS�^K�^OUO_^KJKa[eWSK��TGZYSY_\�MSK�WK� Y_\�Ng]Y_W�LY[G�]^QW�ZKMTe]VSKK[HWK�VH]c� cW�OUOMaeVOWcW�<<5�:KS�K_^YJ�OJWKS��c\OZJ�^Y�ZUOJ]^YW��(VOUKVbYJ)�KZe�^QW�1WK^YUI�ZYUJ^O\�

������������������

BK�Z[YKWK`O[RHW^K��NOW�NSOTNSTYfW�TKVJK�Z[c^Y^_ZJK�TKRg\�HaOS�K[aJ]OS�ZUHYW�WK�MJWO^KS�YUYHWK�TKS�ZSY]K`H\�]^Q�NSORWI�:YSWI�3WgVQ��e^S�� H^YSY_�OJNY_\� [Y�VYT[K^STG�a^_ZIVK^K��VO�G[^SK�Y[MGWc]Q�� OaWYUYMJKTKS�KZY^OUO]VK^STe^Q^K��VeWY�TGZYSYS�(VOUKVbYJ�S]�UKVeZUQT^YS)�NOW�VZY[YfW�WK�`H[Y_W�]O�ZH[K\�:KSVGUS]^K�]^QW�Z[YTOSVHWQ�ZO[JZ^c]Q��]^QW�HN[K�^Y_=1B>��0ZY_�OJWKS�MWc]^eW�e^S�Q� fUKXQ�� K�VH^[K�K]`K�UOJK\�TKS�YS�HUOMaYS�OJWKS�TG^S�ZYUf�ZK[KZGWc�KZeN[KTeW^OSK��KTeVQ�TKS�]O�TKS[e�OS[IWQ\�4fY�OXQMI]OS\_ZG[aY_W��OJ^O�KZe�_ZO[LYUSTI�K_^YZOZYJRQ]Q��QYZYJK�UHMO^KS�ZO[S`[eWQ]Q�^cW�ZGW^cW��NOW�^Q[YfW^KS^K�VH^[K�K]`KUOJK\�OJ^O�I^KW�OWH[MOSK�OUOMaeVOWQ��]^Y�aO_VHWQ�TKS�KZe�Z[SW�MWc]^YZYSQVHWQ�2OLKJc\��^YHWK�NOW�KWKS[OJ�^Y�GUUY��KW�UGLY_VO�]YLK[G�_ZebQ^QW�KW^S`K^STI�ZYUS^STI��Q�YZYJK�K]TOJ^KS�TK^G�Te[YWKZe�^Y_\�LK]STYf\�ZKJT^O\�^Y_�O_[cK^UKW^S]VYf�:KSOXQMg��ZYSY\�OJWKS�ZJ]c�KZe�^H^YSY_�OJNY_\�^[YVYa^_�ZIVK^K��5T^OUO]^H\� Y_�(S]UKVSTYf�T[G^Y_\)�� Y�YZYJYKZY^OUOJ�(R_MK^[STI)�Y[MGWc]Q� Q\�MWc]^I\�KZe� Y�ZK�[OUReW�1U�:GSW^K��Q�YZYJK�VO�^Q�]OS[G�^Q\�eZc\�HaOSKZYNOSaROJ��NQVSY_[MIRQTO�KZe� S\�V_]^STH\�_ZQ[O]JO\^cW�7?1��]_WOZSTY_[YfVOWO\��KZe� QW�L[O^KWSTI�<���^QW�<Y]]GW^�^Y_�9][KIU��^QW�����^Y_�?KTS]^GW�TKS�^Q\

��#� Q\�AKY_NSTI\�1[KLJK\�5ZSZ[Y]RH^c\��eZc\�KZY�TKUf`RQTO�Z[e]`K^K��YS� PSaKW^S]^H\�]^[K^YUYMYfW^KSTKS�OTZKSNOfYW^KS�KZe� Y_\�O_[cK^UKW^S]^H\�TKS� Q�UO�MeVOWQ�(A^[K^Sc^STI�A_VVKaJK� Q\�4f]Q\)��OWg� Y�=1B>TKS�Q�1Wg^K^Q�A^[K^Sc^STI�4SYJTQ]Q� Q\�BY_[TJK\�I^KW_ZOfR_WYS�MSK�^Q�]^[K^YUeMQ]Q�VS]RY`e[cW�^Y_�(9]�UKVSTYf�:[G^Y_\)�TKS�^Q\�(1U�=Yf][K)�]^QW�A_[JK�INQ�Z[SW�KZe�ZHW^O�a[eWSK�5JWKS�OZJ]Q\��MWc]^H\�YSTK^KMMOUJO\�^Y_�[g]Y_�OTZ[Y]gZY_�]^YW�>75�2S^GUSB]Yf[TSW��]fV`cWK�VO� S\�YZYJO\��Q�BY_[TJK�L[J]TO^KS]O�ZUI[Q�TKS�KMK]^I�]_WO[MK]JK�VO� Y_\� [YVYT[G^O\^Y_�S]UKVSTYf�T[G^Y_\�

:KS�Q�OS[cWOJK�OJWKS��e^S� K�OW�UeMc�T[G^Q��eZc\�TKSQ�3KUUJK�Z[Y]`G^c\��ROc[YfW�e^S�OJWKS�RfVK^K� [YVY�T[K^STgW�OWO[MOSgW��0^KW�UHWO�UYSZeW��YS�OTZ[e]cZYS^cW�OW�UeMc�T[K^gW�e^S�(L[S]TeVK]^O�]O�ZeUOVY)��OWWYYfW^YW�(ZeUOVY�TK^G�^Q\�^[YVYT[K^JK\)��]^YW�YZYJY�OJWKSOVZUOTeVOWYS��]fV`cWK�VO�^K�ZK[KZGWc�

����������������������

A^Y�ZUKJ]SY�K_^e� Q\�KW^S`K^STI\�ZYUS^STI\�TKS�]^[K�^QMSTI\� cW�O_[cK^UKW^S]^gW�ZY_�OXO^GPY_VO��NOW�VZY[OJWK�VQW�KWK`O[RYfW�TKS�YS��VeUS\�UJMO\�g[O\�Z[SW�^QWNYUY`YWSTI� [YVYT[K^STI�OZJRO]Q�]^S\�2[_XHUUO\��KZe^QUOY[G]Oc\�OZS]QVGW]OS\�� Y_�Z[YHN[Y_� Q\�BY_[TJK\BKMJZ�5[W^YMGW�<O�K`Y[VI��^Y�TY_[NSTe�PI^QVK�TKS^Q�NSKVK[^_[JK�_ZY]^Q[ST^gW�^Y_�@::�ZY_�OJaO�MJWOS]^Y�5_[cTYSWYLYfUSY��Y�BYf[TY\�Z[eON[Y\�OJaO�NQUg]OSVO^KXf�GUUcW�TG^S�Z[GMVK^S�GXSY�Z[Y]YaI\�KUUG�TKSKWK^[SaSK]^STe�^K_^ea[YWK��(4OW�_ZG[aOS�UeMY\�VSKLeVLK�eZc\�K_^I�ZY_�OXO[[GMQ�]^QW�.MT_[K�WK�VQWOT[KMOJ�]^S\�2[_XHUUO\)��

5W�TK^KTUOJNS��Q�KZY]^[Y`I� Y_�>fMM[Y_�Z[cR_ZY_[MYf2JT^Y[�0[VZKW��]^Q�NSG[TOSK�^Q\�YVSUJK\�Z[Y\�^YW�UKe^Y_��]_WYbJPOS� QW�]TUQ[I�Z[KMVK STe^Q^K�MSK� QW�Z[KT STI^Y_�O_[c]_]^IVK^Y\�TKS� cW�OW^YUYNeacW� Y_��(AIVO[KOJWKS�M[KVVHWY�]^Y�LSLUJY� Q\�VYJ[K\��e S�T[_`H\��KZ[e]cZO\ZKMTe]VSO\�N_WGVOS\�RK�OXKUOJbY_W�TGRO�^S�ZY_�OJWKSVYWKNSTe��K_^eWYVY��ZKWG[aKSY�TKS�ORWSTe�8HUY_W�WKKWKVJXY_W�ZYUS^S]VYf\��R[Q]TOJO\�TKS�ZUQR_]VYf\��VHa[SZY_�Q�ZYUfZUO_[Q�TKS�ZO[I`KWQ�5_[gZQ�VK\�WK�MJWOS^OUSTG�KWKSVSTI�TKS�_ZGTY_Q�:KS�KW�^K�ZK[K^I]Y_VO^g[K��Q�VYJ[K�VK\�RK�]`[KMS]^OJ��RK�KUcRYfVO�]^QVHMMKSWQ�^cW�7WcVHWcW�?YUS^OSgW�^Q\�5_[gZQ\)�

�!�#��$� "��#�"$������������������ ���������������������� ����������������

Page 7: -5/21#%.%(05.,- 4* ˛ ˛ ˘ ˚ ˇ ˝ ˙ˆ ˇ ˛ ˆ ˜˝ ˆ˛ ˚ˆ˙˝ˆ ˝ ˘˘ ˚ ˛ˇ · ˚ ˘˘ ˜˝ ˙ ˛˜ˆ˝ ˇ%#$ # !&""# ˝ ˆ ˙ ˆ ˆˇ ˆ ˇ ˆ˘ ˇ %˚%’!˚#˛˝%˙˝

����������� ������������������� �

�������������������� ������

��'$����)�%�!'�%��� �T�RW]^i`f]\_�Ej]\ba\b�DFC<94�W��CJZVN�DOMPW\b�aT�`jZQR`TafZ�a^\Y\W^NaVWkZ�R]VUK`RfZ�WNV�a\b�]^\�`cbPVW\j�� R�YMN�Rc1�iXT_�aT_�jXT_� bZKZaRb[LaT_�`aTZ�=b^VNWJaVWT�#&%*(�%�,)�

Dd\XVJS\ZaN_�aT�`aJ`T�afZ�df^kZ��\V\]\MR_�.`c^NPMS\bZ/�aN� jZ\^J�a\b_��b]\�P^NYYMSRV�]f_�.a\�WXRM`VY\�afZ�`bZi^fZWNV�T�J^ZT`T�aT_�YRaRPWNaJ`aN`T_�]^\�`cjPfZ��QRZ�UN�`bYOJXXRV�WNUiX\b�`aTZNZaVYRak]V`T�aT_�a^\Y\W^NaMN_/��?JXV`aN�T�W��DOMPW\b�WJZRV�XiP\�PVN�.KY]^NWaT�J^�ZT`T�aT_�NXXTXRPPjT_�YRaN[j�afZ�W^NakZ]\b�N]N^aMS\bZ�aTZ�8b^f]NgWL�3Zf`T/�b]\P^NYYMS\ZaN_�iaV�.]N^NOVJS\bZ�aN�UR�YKXVN�aT_�8ZfYKZT_�8b^k]T_/�

DR�i�aV�Nc\^J� a\�YKaf]\�aT_�N[V\XiPT`T_WNV� aV_�N]NVaL`RV_�afZ�UR`YkZ��R]V`TYNMZRV]f_�.�QRZ� TYNMZRV�iaV�Y]\^RM�ZN�[NZNP^NcaRMT� bYcfZMN�a\b�WNX\WNV^V\j�WNV�i`N�N]R^�^McUT`NZ�aiaR�N]i�aTZ�]i^aN��ZN�RV`KXU\bZ`LYR^N�N]i�a\�]N^JUb^\�aT_�N[V\XiPT`T_/��

EKX\_��T��W��RW]^i`f]\_�Ej]\b�a\bDFC<94�RYcNZMSRaNV�N^ZTaVWL� a\�RZQRdiYRZ\`bZR^PN`MN_�YR�a\�B4DA=�aT_�GkcT_�6RZ�ZTYNaJ��WNUk_�i]f_�R[TPRM�.�O^M`WRaNV]\Xj�]V\�]M`f�N]i�a\b_�]^\OXTYNaV`Y\j_WNV�aV_�QVR^PN`MR_�]\b�QVN]R^Z\jZ�NWiYNWNV� \`VNXV`aVWJ�WiYYNaN� R�JXXR_�Rb^f�]NgWK_�dk^R_/�

��-��-��4,��-*��"#��,.&�� ,�&�,-"+�*.'�$$�+��,��)("(���!%4�)",-�5�-�4-"��) *����-�"� �.*6) �#�"� �.�*2)�3#���&2, �:�8b^k]T�RMZNV�ONUVJ�]XTPfYKZT��=NV

O^M`WRaNV�Y]^\`aJ� R�R^faLYNaN� aN�\]\MNUN�WXTURM�ZN�N]NZaL`RV�T�WJUR�dk^N�df V aJ�NXXJ�WNV�T�8b^k]T� a\� jZ\Xi�aT_��F]J^d\bZQj\�Q^iY\V��A�KZN_�RMZNV�Nbai_�aT_�RUZVWV�`aVWL_�]R^VdN^JWf`T_�WNV�aT_�NW^\QR[VJ_�4Z�R]VXRdURM�Nbai_�\�Q^iY\_��\jaR�T�N`cJXRVNaT_�8b^k]T_�QVN`cNXMSRaNV��\jaR�T�MQVN�f_`bXX\PVWi�RPdRM^TYN�KdRV�YKXX\Z��4Z�R]V�W^NaL`\bZ�\V�NW^NMR_�cfZK_��NZ�WR^QM`\bZWNV�JXX\�KQNc\_�T�NW^\QR[VJ�WNV�\� Na V Yi_�NbaL�UN�RMZNV�JXXT�YVN�KYYR`T�ZMWT�a\bc\ZaNYRZaNXV`Y\j��4]KZNZaV�`aV_�a^\Y\�W^NaVWK_�R]VUK`RV_�cNZNaVWkZ��YV NXXiQ\[fZWNV� W\aNQV`akZ��T�8b^k]T�]^K]RV�ZN�NW\�

X\bUL`RV�a\�Q^iY\�aT_� bXX\PVWL_�WNV�RZVNMN_N]JZaT`T_��]\b�QRZ�K^dRaNV� R�NZaV]N^JUR`TYR�aV_�N^dK_�aT_�QTY\W^NaMN_�WNV�aT_�RXRb�UR^MN_��:�N`cJXRVN�WNV�T�QTY\W^NaMN�QRZRMZNV��R[�\^V`Y\j�NZaVURaVWK_�KZZ\VR_��8MZNVNZNPWNMN�T�R[J^U^f`T�WNV�T�WNaN]\XKYT`TaT_�a^\Y\W^NaMN_�WNV�afZ�NVaVkZ�aT_��\V� a\�dRbYKZR_�Q^J`RV_�PVN�aTZ�RZM`db`T�aT_�W\V�ZfZVWL_�`bZ\dL_�`a\�R`faR^VWi�afZ�Rb^f�]NgWkZ�W\VZfZVkZ��WNUk_�WNV�T�N]\YiZf`TafZ�NW^NMfZ�^Na`V`aVWkZ�cfZkZ��

�& ,.0��-���%�-��-(�-*(%(#*�-"#40-5) %���%�)2+��$$�'(.&�,-�, �("06*�+�)(.�,.&��&�,�&�,- �,.%/2&����(.*#��+�=NaN^dJ_��T�`jZQR`T�YRaN[j�afZ�a^\�

Y\W^NaVWkZ�R]VUK`RfZ�WNV�a\b�]^\`cbPVW\j�]K^N�N]i�b]R^N]X\b aRbaVWL�WNV�NW^\QR[VJ_KY]ZRb`T_��RMZNV�WNV�Ja\]T���:�RY]RV^MNKdRV�QRM[RV�iaV�\V�Q^J`aR_�LaNZ�]\XMaR_�afZdf^kZ� aV_�\]\MR_�R]VaKUTWNZ��E\�WXRM`VY\afZ�`bZi^fZ�WNV�T�J^ZT`T�aT_�YRaRPWNaJ�`aN`T_�]^\`cjPfZ��QRZ�UN�`bYOJXXRV�WN�UiX\b� aTZ�NZaVYRak]V`T�aT_�a^\Y\W^NaMN_�:�bX\]\MT`T�aT_�YRaRPWNaJ`aN`T_�RMZNV�\YiZ\_�a^i]\_��NcRZi_��ZN�O^RURM�YVN�NZ�U^f]V aVWL��Xj`T� a\�Q^JYN�afZ�]^\`cjPfZ�WV�NcRaK^\b�ZN�b]J^[RV�YVN�\^PNZfYKZTWNV�J^N�RXRPdiYRZT�YRaNWMZT`T�]^\_�aV_Rb^f]NgWK_�dk^R_��

�(��&��04%�&(�&��#$��,(.&�-��,5�&(*��-(.+�#"��$$�+�06*�+��,�+��)��,0($���E\�WXRM`VY\�afZ�`bZi^fZ�QRZ�N]\aRXRM

Xj`T��NXXJ�ON^ON^iaTaN��4]KZNZaV� R�Nba\j_a\b_�WNaNa^RPYKZ\b_�NZU^k]\b_��]\XX\MN]i�a\b_�\]\M\b_�KcbPNZ�N]i�aTZ�Db^MNPVN�ZN�PXVak`\bZ�NW^VOk_�N]i�a\b_�O\Y�ON^QV`Y\j_��a\b_�QVfPY\j_�WNV�aV_�`cNPK_a\b���������iXN�aN�Rb^f]NgWJ�W^JaT�\cRMX\bZZN�QRM[\bZ�a\�]V\�NZU^k]VZ\�]^i`f]\��:YJdT�RZNZaM\Z�a\b�<`XNYVW\j�=^Ja\b_�]R^ZJWNV�YK`N�N]i�aT�c^\ZaMQN�PVN�aN�UjYNaJa\b��H^RVJSRaNV�ZN�]^\`aNaRj`\bYR�a\b_]^i`cbPR_�WNV�aN�QVWNVkYNaN�a\b_��ETZ�MQVN`aVPYL��a\�WXRM`VY\�afZ�`bZi^fZ�N]\aRXRMKY]^NWaT�J^ZT`T�aT_�NXXTXRPPjT_�YRaN[jafZ�W^NakZ�]\b�N]N^aMS\bZ�aTZ�8b^f]NgWL3Zf`T��WNV�J^N�]N^NOVJS\bZ�aN�URYKXVNaT_�8ZfYKZT_�8b^k]T_��DMP\b^N�QRZ�RMZNV

NbaL�T�8b^k]T�]\b�UKX\bYR�WNV�NbaL�]\bY]\^RM�ZN�R]VOVk`RV���

���'"($4� , �)",-�5�-��4-"�)*�)�"&��#$��,�"��%�,����#4%��#"��&�0*�"��,-���&��.)(�*�1(.%��-��)�&-��#�"%�$",-���*(&��*(&��:�`TYR^VZL�WbOK^ZT`T�RMZNV�T�]^kaT

WbOK^ZT`T�]\b�QVN]^NPYNaRjRaNV��]\b�NPf�ZMSRaNV�PVN�a\�QTYi V\�WNV�W\VZfZVWi� bYcK \Z�YR�KPZ\VN�PVN�a\b_�]V\�NQjZNY\b_��4Z�RMdRY]RV�`aT�X\PVWL�afZ�]^\TP\bYKZfZ��]\bb]KP^NcNZ�i�aV�a\b_�KQVZNZ��aiaR�M`f_�T�N[V\�XiPT`T�ZN�RMdR�WXRM`RV�]^\�]\XX\j��=JaVaKa\V\��iYf_��QRZ� bZV`aJ�QVN]^NPYJaRb`T�5KONVN��RMZNV�NXLURVN�iaV��i`\�P^TP\^iaR^NWXRM`RV�T�N[V\XiPT`T�ai`\�a\�WNXjaR^\��NXXJNbai�QRZ� TYNMZRV�iaV�Y]\^RM�ZN�[NZNP^NcaRMT� bYcfZMN�a\b�WNX\WNV^V\j�WNV�i`N�N]R^�^McUT`NZ�aiaR�N]i�aTZ�]i^aN��ZN�RV`KXU\bZ`LYR^N�N]i�a\�]N^JUb^\�aT_�N[V\XiPT`T_�

�(��&��04%�&(��"�5*.&, +�- +�#.���*& -"#�+�)$�"(1 /��+�-(�!�2*��-�(*�-4����&�0*�"�,-���!��)�%��,��)*4�2*�+��#$(��+�AV�]\XMaR_�RY]V`aRjUTWNZ�aV_�RX]MQR_

a\b_�� R�Qb\�NXXR]JXXTXR_�RWX\PVWK_�NZN�YRa^L`RV_�� aT� TYR^VZL�WbOK^ZT`T� bZR^�PN`MN_��BN^iXN�NbaJ�� dRQiZ�NYK`f_�YRaJaV_�RWX\PK_��J^dV`NZ�ZN�NW\jP\ZaNV�cfZK_N]i�WiYYNaN�aT_�NZaV]\XMaRb`T_��N]kaR^\_`W\]i_�afZ�\]\MfZ�LaNZ�T�R]V`a^\cL�`aTZR[\b`MN��PVN�YRaJXXN[T�aT_�XNgWL_�RZa\XL_�A�Wi`Y\_�RY]V`aRjRaNV�aTZ�`TYR^VZL�Wb�OK^ZT`T��WV�NbaL�T�RY]V`a\`jZT�RMZNV�T�YR�PNXjaR^T�QjZNYL�aT_��

���-(�������- +�#���&& %�-���"�-���&�!��%)(*(5,�-��&��,.&�*��,-���-��E\�B4DA=�KdRV�R]VXK[RV��RQk�WNV�d^iZVN�

aTZ�VQR\X\PVWL�`jY]XRb`T�YR�a\Z�ZR\cV�XRXRbUR^V`Yi��4bai�KQRV[R��JXXf`aR��WNV�T`bPWbOK^ZT`T�DNYN^J�5RZVSKX\b��I_�WiY�YN��YJXV`aN��O^M`WRaNV�]\Xj�]V\�]M`f�N]ia\b_�]^\OXTYNaV`Y\j_�WNV�aV_�QVR^PN`MR_]\b�QVN]R^Z\jZ�NWiYN�WNV�`\`VNXV`aVWJWiYYNaN�`R�JXXR_�Rb^f]NgWK_�dk^R_��7RZRMZNV�QbZNaL�T�`bZR^PN`MN�YR�QbZJYRV_

]\b�\YZj\bZ� aT�XVaiaTaN�WNV� aTZ�]R V a\XLa\b�W\VZfZVW\j�W^Ja\b_��A�DFC<94�NZaV�YJdRaNV�aKa\VR_�X\PVWK_��ai`\� aTZ�8XXJQN�i`\�WNV�`aTZ�8b^k]T�

���$��(�#�"*4�(���� ���(��5�"�,���.�&��*"(���"�!��, %�-(�(-�,�"�=JUR� bZKQ V\�RMZNV�W\^bcNMN�QVNQVWN MN

PVN�KZN�N^V`aR^i�WiYYN��7VNQVWN`MN�N]\�aMYT`T_��]R V bXX\PL_��NXXJ�WNV� a NaTPVW\j]^\`NZNa\XV Y\j��4]i�a\�aRXRbaNM\� bZKQ V\a\b�DFC<94�Kd\bZ� bYORM�W\`Y\P\ZVWK_�NX�XNPK_�ai`\� aT�dk^N�YN_��i`\�WNV� aTZ�8b�^k]T��E\�]^\`cbPVWi��T�JZ\Q\_�aT_�NW^\�QR[VJ_� R�N^WRaK_�Rb^f]NgWK_�dk^R_��T�RX�]VQ\ci^N�JZ\Q\_�afZ�]^\\QRbaVWkZ�QbZJYRfZ`R�YVN� RV^J�JXXfZ�df^kZ��T��NZJXTeT�aT_WbOR^ZTaVWL_�R[\b`MN_�N]i�a\Z�DFC<94��TbX\]\MT`T�RZi_�]N^JXXTX\b�]^\P^JYYNa\_YK`N� R�KZN�N`cbWaVWi�]XNM`V\�i]f_�Nbai]\b�\^MSRV�T� bYcfZMN��T� dK`T�WiYYNa\_WNV�WbOK ZT`T_��N]\aRX\jZ�aN�Wj VN�STaLYNaN]\b�]^K]RV�ZN�YN_�N]N`d\XL`\bZ��E\�`b�ZKQ^V\�]^K]RV�ZN�Qk`RV�N]NZaL`RV_� a^NaT�PVW\j�dN^NWaL^N�`R�NbaJ�aN�R^faLYNaN�Kd\ZaN_�a\�OXKYYN� aV_�Rb^jaR^R_�R[RXM[RV_`aTZ�8b^k]T��YR�`aid\�aTZ�\VW\QiYT`TRZi_� jPd^\Z\b��Rb^f]NgW\j� VS\`]N`aVW\jWiYYNa\_��NZ\Vda\j�`aTZ�W\VZfZMN�WNV�aV_QVR^PN`MR_�aT_��

&41�"�- +�,.��- , +�,- ��(.$�- &��*�- ���"��- ��"#�"(,5& �#�"�- �"�/!(*���-"�)�*"%�&�-��:�`bSLaT`T�`aT�5\bXL�UN�RMZNV�YVN

]^kaT_�aJ[T_�RbWNV^MN�ZN�]XT^\c\^TURM\�RXXTZVWi_�XNi_�]\V\V�WNV�PVN�]\V\b_XiP\b_�R]VUbY\jZ�ZN� bZRdV aRM�a\�WNUR`ak_NbUNV^R`MN_��NZ\YMN_��NaVYf^T`MN_�a\�\]\M\^MSf`R��YR�aTZ�NZ\dL�L�WNV�aTZ� aL^V[T�afZW\YYJafZ�a\b�QVW\YYNaV`Y\j�iXN�NbaJ�aNd^iZVN��:�`TYR^VZL�WbOK^ZT`T��T�\]\MNQRZ�RY]XKWRaNV�`a\�`W\aRVZi�]NVdZMQV�aT_QVN]X\WL_��WNV�J^N�QRZ�Y]\^RM�ZN�PMZRV�NZ�aVWRMYRZ\�RWOVN`Y\j��KdRV�QR`YRbURM�iaViXN�NbaJ�aRXRMf`NZ��4bai�cNMZRaNV��JXXf`aR�iaV�a\�Kd\bZ�WNaNXJORV�QVJc\^\V��NZ�W MZ\bYRWNV�N]i�aN�]NZVWiOXTaN��]^fa\`KXVQN�QT�Y\`VRjYNaN�]\b�RYcNZMS\ZaNV��RQk�WNVYK^R_��

��# ������!$(���������� �����������������

����� ������������������ ��������� ���������� ��������������������

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

� ���$"+�����"����$!�"(*��KPVZR�YK`f�afZ�PZf`akZ�]XK\Z�"#"$��#)�T�\]\MN�Nc\^J�aTZ�RYY\ZL�a\b�DiVY]XR�PVN�aTZ8XXJQN�WNV�aN�`dKQVN�a\b��WNaJ�a\b�DFC<94��d^iZVN�]^VZa\�WiYYN�a\b�4XK[T�E`M]^N�K^URV�`aTZ�R[\b`MN��=V�iYf_NbaL�aTZ�N]\WJXbeT�aTZ�RMQNYR�YiZ\� R�XMP\b_���V`aia\]\b_�#&%*(�%�,)�!(���������$�*)�%*"("��*("�+%����WNV�]\bURZJNXX\j��;N�]RMaR�]\VN�RMZNV�T�KW]XT[T��Da\�PRP\Zi_�iaV�TN]\WJXbeT�Nc\^J�aTZ�8XXJQN�WNV�idV�`aRZJ�a\Z�DFC<94�

$2�!396;67!2�.+' +02�(!;�62�6,/+)3%8, (�;!94�62�*, 25'+75(0�6(������ ������������ ������ ���� ������� �������� ���� ��� ������� �� �������� �������� ������������ ��� ��� ��� ���� �������� ��� ���� ������ �������� �������������������� ������� ���� ����� �� �� ������� �����������

3d\bYR�WNV�XKYR�X\V]iZ��ETXRP^JcTYN�aT_�NYR^VWNZVWL_QV]XfYNaMN_��`bZR^PNakZ�aT_�HMXN^V�=XMZa\Z���a\Z�?JV\�a\b��N]\WNXj]aRV�a\b_�]^\OXTYNaV`Y\j_�a\b�5iXcPWNZPWDiVY]XR�WNV�aV_�]^\RVQ\]\VL`RV_�a\b� aTZ�2ZPWRXN�?K^WRX��PVNaTZ�\VW\Z\YVWL�W^M`T�`aTZ�Rb^fSkZT��a\b_�ciO\b_�WNV�aV_NZT`bdMR_�a\b�PVN�KZN��(�-"*�WNV�aN� RZJ^VN�]\b�R[KaNSR�PVN�a\YKXX\Z�aT_�Z\YV`YNaVWL_�KZf`T_��4bai�]\b�cNMZRaNV�iYf_�RMZNV]f_�N]i�aV_�RWX\PK_�a\b���WNV�R]RVQL�\�DFC<94�]LPNVZRWNXJ���\�DiVY]XR�J^dV`R�ZN�Ra\VYJSRV�aTZ�R]MUR`L�a\b�`a\b_3XXTZR_�NZ�a\XYL`\bZ�ZN�NYcV`OTaL`\bZ��aN�YKa^N�XVaiaTaN_]\b�a\b_�RMdNZ�R]VOXTURM�WNV�YR�a\�\�RWRMZT�aTZ�R]\dL�?ZTYiZV\���

E\�RY]V`aRbaVWi�KPP^Nc\��RMdR�]^\P^NYYNaV`aRM�ZN�N]\�dN^NWaT^V`aRM�a\Z�?JV\�a\b���������`1�Nbai�YJXV`aNa\ZVSiaNZR�]f_�.\V�]XT^\c\^MR_�]^\K^d\ZaNV�N]i�VQVNMaR^NRbNM`UTaT�]TPL�WNV�]^K]RV�ZN�NZaVYRaf]V`aRM�YR�]^\`\dL

WNV�ZN�YTZ�PMZRV�PZf`ai�`R�YKXT�L�`R�i`\b_�`dRaMS\ZaNV�YRaTZ�PR^YNZVWL�WbOK^ZT`T/�

DjYcfZN�YR�a\�KPP^Nc\�\�DiVY]XR�R]NZRVXTYYKZN�]^\�RVQ\]\MT`R�aTZ�?K^WRX�iaV�T�]N^\j`N�NZaVYRak]V`T�aT_�8b�^f]NgWL_�W^M`T_�Y]\^RM�ZN�\QTPL`RV�`R�NZN`aJaf`T�a\b_R]RZQbaK_�WNV�ZN�OJXRV�a\b_�TPKaR_�aT_�88�NZaVYKaf]\b_�YRaTZ�N]kXRVN�aT_�QVRUZ\j_�RY]V`a\`jZT_��E\�KPP^Nc\�NZNcK^RViaV�T�`aJ`T�afZ�:B4�`aTZ�RXXTZVWL�W^M`T�RMZNV�NYcM`TYT�a\ZMS\ZaN_�iaV�T�AbJ`VPWa\Z�XKRV�iaV�T�8XXJQN�]^K]RV�ZN�]N�^NYRMZRV� aTZ�8b^fSkZT��NXXJ�aNbaid^\ZN�iaV�UN�]N^NYRMZRV`aTZ�8b^fSkZT�YiZ\�RJZ�aT^L`RV�aV_�QR`YRj`RV_�aT_�

DjYcfZN�X\V]iZ�YR�aV_�RZ�XiPf�]TPK_��\�5iXcPWNZPWDiVY]XR�N]i�a\���R[Kc^NSR�aV_�NZT`bdMR_�a\b�`aTZ�WNP�WRXJ^V\�2ZPWRXN�?K^WRX�PVN�a\�PRP\Zi_�]f_��YR���dk^R_aT_�Rb^fSkZT_�ObUMS\ZaNZ� aTZ�jcR`T�df^M_�WNYMN�NZaMQ^N`TWNV�]f_�UN�K]^R]R�ZN�XTcU\jZ�JYR`N� TYNZaVWK_�]\XVaVWK_N]icN`T_�`dRaVWJ�YR�a\�YKXX\Z�aT_�Z\YV`YNaVWL_�KZf`T_�WNUk_�\V�QVRUZRM_�NP\^K_�QRZ�Y]\^\j`NZ�ZN�]R^VYKZ\bZ�aNN]\aRXK`YNaN�afZ�RXXTZVWkZ�RWX\PkZ�a\b�<\bZM\b��NXXJ�\jaRWNV�aV_�R[RXM[RV_�N]i�aV_�RWX\PK_�aT_�6NXXMN_�WNV�aT_�6R^YNZMN_�A�DiVY]XR�cK^RaNV�ZN�RMdR�R]NZRVXTYYKZN�]^\RVQ\]\VL`RV]f_�\�.Rb^f]NgWi_� bUYi_/� aT�QVNdRM^V`T�aT_�W^M`T_�\QTPRM`R�N]\P\LaRb`T�afZ�R]RZQbakZ�WNV�T�Rb^fSkZT�UN�O^RURMNZaVYKaf]T�YR�YVN�W^M`T�QVRUZ\j_�RY]V`a\`jZT_�

DR�WJUR�]R^M]af`T�]JZaf_��WNV�]N^J�aT�QK`YRb`T�PVN]N^NY\ZL� a\�Rb^k�N]i�aN�WiYYNaN�]\b�QVRWQVW\j`NZ�aTZR[\b`MN� aTZ�8XXJQN��\�DiVY]XR�WNV�JXX\V�8b^f]NM\V�N[Vf�YNa\jd\V�a\b�5R^\XMZ\b��a\b�>\ZQMZ\b�WNV�afZ�5^b[RXXkZcK^\ZaNV�ZN�NZNPZk^VSNZ�aV_�RWX\PK_�a\b���f_�QTY\eLcV YNPVN�]N^NY\ZL�L�idV�aT_�dk^N_�`aTZ�8b^fSkZT��?JXV`aN�\6R^YNZi_�b]\b^Pi_�AVW\Z\YVWkZ�RYcNZMSRaNV�`R�VQVfaVWK_`bZ\YVXMR_�ZN�b]\`aT^MSRV�]f_� R�]R^M]af`T�]\b�.\V�3XXTZR_eTcM`\bZ�YVN�WbOK^ZT`T�RZJZaVN�`aT�XVaiaTaN��i]f_�\DFC<94��aiaR�UN�]^K]RV�ZN�b]\`a\jZ�aV_�`bZK]RVR_�afZ]^J[RkZ�a\b_/�

����������������� �

A�DiVY]XR��OJ`RV�a\b�aTXRP^NcLYNa\_��]^\Ra\VYNSiaNZPVN�aN�a^MN� dKQVN�KWaNWaT_�NZJPWT_��NZJX\PN�YR�aTZ�KWON`TaT_�W^M`T_��

0�8ZV`dbYKZ\�`dKQV\�`faT^MN_��0�8b^fSkZT�Qj\�aNdbaLafZ�0�=NV�WNaJ^^Rb`T��<QVNMaR^N�NZL`bd\_�RYcNZMSRaNV�WNV�N]i�aTZ�]^iUR`T

aT_�?K^WRX�ZN�YRaNUKaRV�aV_�N]\cJ`RV_�PVN�a\�YKXX\Z��YRaTZ�]TPL�ZN�`d\XVJSRV�]f_�T�WNPWRXJ^V\_�]^\aVY\j`R�ZN]R^VYKZRV�PVN�ZN�Q^J`RV��4]i�aTZ�]XRb^J�a\b�\�DiVY]XR�RY�cNZMSRaNV�ZN�]^\W^MZRV�a\�8b^f]NgWi�BNWKa\�DfaT^MN_�WNVYJXV`aN�]^\Ka^R]R�aT�?K^WRX�`R�VQVfaVWK_�`bSTaL`RV_�ZNRY]XK[RV�`R�NbaL�aT�`bSLaT`T�WNV�a\b_�JXX\b_�N^dTP\j_W\YYJafZ�aT_�6R^YNZMN_��a\b�D\`VNXQTY\W^JaR_�WNV�a\b_B^J`VZ\b_��WNUk_�Nbai�a\� RZJ^V\�LaNZ�QTY\cVXK_�WNV� aV_QVWK_�a\b_�TPR`MR_��

I`ai`\�cK^RaNV�ZN�c\OiaNZ�VQVNMaR^N�KZN��(�-"*��ADiVY]XR�cK^RaNV�ZN�KOXR]R�Qj\�Xj`RV_��]\b�WNV�\V�Qj\�QRZUN�LaNZ�RbdJ^V`aR_�PVN�aTZ�6R^YNZMN�NXXJ�WNV�aV_�b]iX\V]R_dk^R_�aT_�88��DR�]R^M]af`T��(�-"*�� jYcfZN�YR�aTZ�]TPL]\b�R]VWNXRMaNV�a\�NYR^VWNZVWi�QV]XfYNaVWi�KPP^Nc\��\DiVY]XR�cK^RaNV�ZN�`bZRVQTa\]\V\j`R�]f_�YVN�RXXTZVWLN]\dk^T`T�N]i�aT�Z\YV`YNaVWL�KZf`T�UN�JZ\VPR�a\�Q^iY\PVN�N]\dk^T`T�WNV�aT_�<`]NZMN_��aT_�B\^a\PNXMN_�WNV�aT_<^XNZQMN_��4bai_�LaNZ�WNV�\�XiP\_�]\b�RYcNZMSRaNV�ZNYRa^VJSRV�aTZ�NZaMUR`L�a\b�PVN�YVN�W\VZL�Xj`T�RZai_�aT_�88�=NV�Y]\^RM�ZN�LaNZ�NZaMURa\_�`aTZ�KWQ\`T�Rb^f\Y\XiPfZ�f`ai`\�SLaT`R�N]i�aTZ�8]Va^\]L�.`\ckZ/�aT_�6R^YNZVWL_WbOK^ZT`T_�ZN�R^RbZL`\bZ�a\�RZQRdiYRZ\�RZi_�8b^f]NgW\jBNWKa\b�DfaT^MN_��4baL�T�VQKN�RMdR�NZN]abdURM�N]i�a\���f`ai`\�N^dVWJ�\�DiVY]XR�LaNZ�NZaMURa\_�`R�Nbai�a\`RZJ^V\�R[NVaMN_�afZ�NZT`bdVkZ�a\b�PVN�aV_�]\XVaVWK_�R]V]ak`RV_]\b�UN�RMdR�`a\�R`faR^VWi�aT_�6R^YNZMN_��

#+3.+/-.&�/-6;6,6(.(-�"739!(:.;�

"1% ,02

��� ���� �����

� '$��� $��%�$����'�&��YR�aTZ�8b^f]NgWL�8]Va^\]LZN�]^\aRMZRV� a\�]XNM`V\�a\b�8b^f]NgW\j�8[NYLZ\baTZ�MQVN�N]\abdTYKZT�ZR\cVXRXRjUR^T�`bZaNPL

]\b�RcN^YiSRaNV�NWiYN�WNV� LYR^N� aV_�dk^R_�a\b��8b�^f]NgW\j�@ia\b�WNV�T�\]\MN�WJUR�JXX\�]N^J�O\TUJ`aTZ�YRMf`T�aT_�cakdRVN_�WNV�aT_�NZR^PMN_� aTZ�8b^k]T�4ZaMURaN�T�8�8��YR�aV_�]\XVaVWK_�aT_�YR^WRXVWL_�XVaiaTaN_]\b�KdRV�R]VOJXXRV�`aN�W^JaT�YKXT�aT_��YR�aT�OMNVTQTY\`V\Z\YVWL�]^\`N^Y\PL�WNV�aTZ�RcN^Y\PL�a\b�NZ�aVW\VZfZVW\j�DbYckZ\b�DaNUR^iaTaN_��\X\WXT^kZRVaTZ�N]\QVJ^U^f`T�afZ�R^PN`VNWkZ� dK`RfZ�WNV�Nb[JZRV`bZRdk_�aTZ�NZR^PMN�WNV�aTZ�b]\N]N`diXT`T��

8]V]XK\Z�� jYcfZN�YR�a\Z�B^\h]\X\PV`Yi�aT_�8�8��a\�]\`i�]\b�NZNYKZRaNV�ZN�Q\URM�PVN�aTZ�aiZf`T�aT_N]N`diXT`T_�WNV�aT_�NZJ]ab[T_�NZK^dRaNV�YiXV_�`R��QV`RWNa\YYj^VN�Rb^k�`R�NZNXLeRV_�b]\d^Rk`RfZ�]\`i�a\�\]\M\�QRZ�R]N^WRM�k`aR�ZN�WNXjeRV�aN�beTXJR]M]RQN�NZR^PMN_�]\b�]N^NaT^\jZaNV�`R�dk^R_�i]f_T�8XXJQN��

?JXV`aN��`aN�]XNM`VN�a\b�8b^f]NgW\j�8[NYLZ\ba\b�� �T�8b^f]NgWL�8]Va^\]L�QTY\`VRj\ZaN_�aTZRaL`VN�NZJXb`L�aT_� dRaVWJ�YR�aV_�\VW\Z\YVWK_�WNV�]\�XVaVWK_�]^\WXL`RV_�afZ�W^NakZ�YRXkZ�aT_�8�8���R]KYRZRiaV�]^K]RV�ZN�Q\URM�KYcN`T� aT�QTY\`V\Z\YVWL�RbUjZTWNV� aV_��QVN^U^faVWK_�YRaN^^bUYM`RV_��QTXNQL� aT�QVJ�Xb`T�a\b�RZN]\YRMZNZa\_�W^Ja\b_��]^iZ\VN_�]^\WRVYKZ\bQLURZ�ZN�RZV`dbURM�T�\VW\Z\YMN�WNV�ZN�WNaN]\XRYTURMT�NZR^PMN��BN^JXXTXN��T�J`WT`T�aT_�`WXT^L_�QTY\�`V\Z\YVWL_�]\XVaVWL_�]\b�RcN^YiSRaNV�`aV_�dk^R_�a\b8b^f]NgW\j�@ia\b�idV�N]XJ�QRZ�YRMf`R�aTZ�NZR^PMNNXXJ�N]KabdR�ZN�YRVk`RV�WNV�a\�QTYi`V\�d^K\_��

8MZNV�]XK\Z�RYcNZK_��iaV�YK`N�N]i�a\�8b^f]NgWi8[JYTZ\�T�8b^f]NgWL�P^NcRV\W^NaMN�WNV�T�a^N]RS\W^NaMNR]RYONMZ\bZ�`aTZ�J`WT`T�aT_�\VW\Z\YVWL_�]\XVaVWL_afZ�W^NakZ�aT_�3Zf`T_��WNaN^P\jZ�aT�O\jXT`T�afZ8b^f]NgWkZ�XNkZ�WNV�RWYTQRZMS\bZ�aN�Wb^VN^dVWJ�QV�WNVkYNaN�afZ�=\VZ\O\bXMfZ�ZN�QVNY\^ckZ\bZ�RXRjUR^Na\b_�RUZVW\j_�B^\h]\X\PV`Y\j_��E\�Wb^MN^d\� a\VdRM\`R�`dK`T�YR�a\�8b^f]NgWi�8[JYTZ\�RMZNV�a\�aR^J`aV\UR`YVWi�KXXRVYYN�]\b�KdRV�QTYV\b^PL`RV�`a\�iZ\YNa\b�]R^V\^V`Y\j�afZ�QTY\`V\Z\YVWkZ�RXXRVYYJafZ�3a`V�YK`N�N]i�KZN�NZaVQTY\W^NaVWi�UR`YVWi�]XNM`V\�R]VdRV^RM�\�]NXVi_�]\XVaVWi_�Wi`Y\_�aT_�8b^k]T_�ZNNXb`\QK`RV�a\b_�XN\j_�WNV�ZN�a\b_�R]VOJXXRV�aTZ�]\XVaVWLaT_�YR^WRXVWL_�XVaiaTaN_��aT_�cafd\]\MT`T_�WNV�a\bW\VZfZVW\j�N]\WXRV`Y\j�

:�8�8��OKONVN��RWai_�N]i�a\�8b^f]NgWi�8[JYTZ\R]RYONMZRV�WNV�YK`f�aT_�a^iVWN_�`a\b_�RUZVW\j_�B^\�h]\X\PV`Y\j_�afZ�df^kZ�aT_��Hk^R_�i]f_�T�8XXJQN`bZRdMS\bZ�ZN� aRZJS\bZ�WJaf�N]i�aT�Y]iaN�aT_�a^iVWN_]\b�QVNXjRV�a\�N`cNXV`aVWi��OPJSRV� a\� cb^M�aN� ]MaVNafZ�8XXLZfZ��WJZRV�c\^\Y]TdaVWi� R`JXa\� aV_�a`K]R_a\b�8XXTZVW\j�XN\j��YRVkZRV�aV_� bZaJ[RV_�afZ�N]iYNdfZaT_�SfL_�WNV�QVNXjRV�a\b_�3XXTZR_�NP^iaR_�

BN^JXXTXN�� aN�]^\P^JYYNaN�aT_�a^iVWN_��QTXNQL`aN�YZTYiZVN��RWai_�N]i�7@E�WNV�8b^f]NgWL�8]Va^\]L`bYYRaKdRV�WNV�T�8=E��T�\]\MN�RZR^PRM�f_�QNZRV`aL_`aTZ�8XXJQN�WNV�idV�f_�4ZR[J^aTaT�@\YV`YNaVWL�4^dL�6VN�a\�XiP\�Nbai�a\����]^\dk^T`R�`R�]V`afaVWLN`cb[MN�aT_�dk^N_�YR�aN���'"*�$��&%*(&$)�]N^NWJY]a\ZaN_a\��AH<��a\b�8XXTZVW\j�XN\j�`a\�QTY\eLcV`YN�WNV]N^NOVJS\ZaN_�aT�XNgWL�Wb^VN^dMN� aTZ�8XXJQN��8]V�]XK\Z��T�8=E�RZk�b]\aMURaNV�iaV�RMZNV�NZR[J^aTa\_UR`Yi_�J`WT`T_�aT_�Z\YV`YNaVWL�]\XVaVWL_��R]\]aRjRVaV_����YRPNXjaR^R_� b`aTYVWK_�a^J]RSR_�aT_�8b^k]T_WNV�N]\aRXRM�a\Z�YRPNX\QNZRV aL�afZ�df^kZ�aT_�8b^fSkZT_Kd\ZaN_�NP\^J`RV� aN�]XNM`VN�aT_�]\`\aVWL_�dNXJ^f`T_\YiX\PN�afZ�df^kZ�aT_�8�8���

?JXV`aN�]N^J�a\�PRP\Zi_�iaV�T�8=E�[RWMZT`R�KZN�cV�XiQ\[\�]^iP^NYYN�]\`\aVWL_�dNXJ^f`T_�`a\�\]\M\`bYYRaRMdR�WNV�T�=RZa^VWL�E^J]RSN�aT_�cafd\]\VTYKZT_8XXJQN_�YR� ���QV_�Rb^k�a\�����RZ�a\ja\V_�QRZ�NZ�aVYRaf]M`aTWR�R]N^Wk_�\jaR�\�]XTUf^V`Yi_��\jaR�TNZR^PMN��\jaR�T�b]NZJ]ab[T���=NV�`NZ�ZN�YTZ�KcaNZRNbai�YR�RZa\XL�aT_�a^iVWN_�\V�a^J]RSR_�]^\df^\jZ� aTZ]kXT`T�afZ�WiWWVZfZ�QNZRMfZ��NZ\MP\ZaN_�Ka`V�a\�Q^iY\`aN�WR^Q\`W\]VWJ� +%�)�WNV�`aN�W\^JWVN�ZN�OPJX\bZ`a\�`cb^M�aN�`]MaVN�afZ�8XXLZfZ��I`ai`\��T�8=E�f_YKX\_�aT_�a^iVWN_�QRZ�UN�]^K]RV�ZN�R]VYRMZRV�`aT�YZT�Y\ZVNWL�R]VaNPL�aT_�]kXT`T_�afZ�YT�R[b]T^Ra\jYRZfZQNZRMfZ�N]i�aV_�8XXTZVWK_�a^J]RSR_�NXXJ�UN�]^K]RV�ZNQRdURM�\V�8XXTZVWK_�a^J]RSR_�NZaM�ZN�]\bXL`\bZ�aN�YTR[b]T^Ra\jYRZN�QJZRVN��ZN�aN�RZaJ[\bZ� R�WNXJUV������]\b�]XT^\M�a\b_�WNZiZR_�N]\Q\dL_�aT_�8=E�PVN�aN4���WNV�ZN�aN�Qk`\bZ�f_�RPPbL`RV_� aTZ�MQVN�aTZ�8=E�

EKX\_��N]KZNZaV� aT� aJ`T�aT_�8b^f]NgWL_�8]Va^\]L_WNV�aV_�RYY\ZK_�aT_�PVN�N]\QiYT`T�a\b�W\VZfZVW\jW^Ja\b_��aN�\VW\Z\YVWJ�WNV�QTY\`V\Z\YVWJ�]^\OXLYNaNaT_�3Zf`T_�Y]\^\jZ�ZN�NZaVYRaf]V`a\jZ�YiZ\�YR�RP�WNaJXRVeT�aT_�YR^WRXVWL_�XVaiaTaN_�WNV�aT�XLeT�YKa^fZPVN�aTZ�RZM`db`T�a\b��a^V]X\j�W\VZfZVW\j�4���

��#������������ ����������������� �"�� ��� ����������!������� ��������$������������������������� ��� �������������������%��

������������������������������

Page 8: -5/21#%.%(05.,- 4* ˛ ˛ ˘ ˚ ˇ ˝ ˙ˆ ˇ ˛ ˆ ˜˝ ˆ˛ ˚ˆ˙˝ˆ ˝ ˘˘ ˚ ˛ˇ · ˚ ˘˘ ˜˝ ˙ ˛˜ˆ˝ ˇ%#$ # !&""# ˝ ˆ ˙ ˆ ˆˇ ˆ ˇ ˆ˘ ˇ %˚%’!˚#˛˝%˙˝

��������� ���� ��

��"���������������������$EJFJWCBN@�B<KV>HTNB��3BH�?D<?9ROBE@�B�<POJE<O<�NOLJQ:��.@O8�<KV�9H<�G:H<�K<L<GJH:MNOJH�<POJNR9?DJ�E<O<PFDNGV�OBM�(D?JG9HBM��������SPR9M�9RJPH�QO8N@D�NO<�VLD<�OJPM�&D<�OBH�<EL;=@D<�9RJPH�I@K@L8N@D�VF@M�ODM<HCLXKDH@M�<HOJR9M��,<D�@I<EJFJPCJWH�H<?JEDG8AJHO<D��)�KL<>G<ODEVOBO<�NEFBL:E<D�<G@O8=FBOB��0�=<FE<HDEVM�?D8?LJGJM9EF@DN@�JLDNODE8��3J�G:HPG<�9R@D�QO8N@DK<HOJW��2ODM�ND?BLJ?LJGDE9M�>L<GG9M�KJP

@;H<D�?;KF<�NOJH�E<O<PFDNGV�?@H�K@LHJWHKD<�OL9H<��!RJPH�@>E<O<NO<C@;�����K@�L;KJP�KLVNQP>@M��&WLT�OJPM�OJKJC@OJWHE8?JPM�NEJPKD?DXH�E<D�ND?@LDE8�KLJ�E@DG9HJP�H<�RO;NJPH�9H<H�PKJOPKX?BQL8ROB�E<D�H<�JRPLTCJWH�G9N<�N@�<POVH�,8CJHO<D�VFB�OB�G9L<�G9N<�N@�<POVH�E<DQTH8AJPH�NPHC:G<O<�?D<G<LOPL;<M�>D<O<�EF@DNO8�NWHJL<��.9N<�<KV�OJ�QL8ROB@EOJI@WJPH�<K@DF9M�VOD�<H�?@H�<HJ;IJPHO<�NWHJL<�C<�E8HJPH�E<EV�NOJH�@<POVOJPM��,8KJDJD�G8FDNO<�9E<H<H�KL8IB�ODM<K@DF9M�OJPM��3J�KLT;�OBM�K@L<NG9HBM�3L;OBM�?WJ

KLVNQP>@M�OPF;ROBE<H�NODM�QFV>@M�VO<H9LDI<H�=@HA;HB�NO<�LJWR<�OJPM�KLJNK<�CXHO<M�H<�<POJKPLKJFBCJWH�GKLJNO8NO<�G8OD<�OTH�NPGK<OLDTOXH�OJPM�JD�JKJ;JD@POPRXM�9N=BN<H�OB�QTOD8�KLDH�H<�@;H<D<L>8��0D�?WJ�8HOL@M�G@O<Q9LCBE<H�G@�@>�E<WG<O<��J�9H<M�NOJ�HJNJEJG@;J�OJP�,DFE;ME<D�J�?@WO@LJM�KJP�@;H<D�KDJ�NJ=<L8��NOJHJNJEJG@;J�1<K<HDEJF8JP�NOBH�*@NN<�FJH;EB��!H<M�OL;OJM�FDKJCWGBN@�K8HT�NODM

>L<GG9M�OJP�OL9HJP��"KTM�<KJE8FPS@9H<M�>D<OLVM�KJP�NPGG@O9R@D�N@�JG8?<@C@FJHOXH�:O<H�OL@;M�G9L@M�HBNODEVM�E<DD?D<;O@L<�@I<NC@HBG9HJM�E<CXM�?@H�OJEJPH8@D�<KV�ODM�>L<GG9M�OJP�OL9HJP�JWO@OB�HWRO<��3BH�;?D<�NOD>G:�ED�@HX�B�E<O8NO<NB

K<L<G9H@D�OJ�;?DJ�?L<G<ODE:�<FF8�K@�LDNNVO@LB�9ELPCGB��JD�&D<OLJ;�6TL;M�2W�HJL<�E<D�JD�&D<OLJ;�OJP�,VNGJP�<KJNWLJPHOJ�KLJNTKDEV�OJPM�<KV�OJH�E<O<PFDNGV�)�<LR:�9>DH@�G@O8�<KV�9H<�@K@DNV?DJ�9IT<KV�O<�&L<Q@;<�OJPM��E<O8�OB�?D8LE@D<?D<?:FTNBM�OTH�KLJNQW>TH��&D<�OJPM�;?D�JPM�FV>JPM��KJP�NPH?9JHO<D�G@�OBH�<NQ8�F@D<�OTH�JG8?TH�OJPM��<KJRTLJWH�B�G;<G@O8�OBH�8FFB�E<D�JD�@C@FJHODE9M�JL><�HXN@DM�0D�KLXO@M�<KJRTL:N@DM�9>DH<H�OJG@NBG9LD�OBM�K@L<NG9HBM�3L;OBM��G@O8OBH�9HO<NB�KJP�@KDEL8OBN@�@I<DO;<M�OTHNPH@RVG@HTH�?D<G<LOPLDXH�KLJNQW>TH�5@W>JHO<M�=9=<D<�?@H�I:FTN<H�ODM�@>E<�O<NO8N@DM�OJPM�>D<�H<�K<L<EJFJPCJWHOBH�E<O8NO<NB�E<D�H<�@K<H<E8GSJPH�N@K@L;KOTNB�KJP�RL@D<NO@;�$KV�OBH�(D?JG9HB�<KJRXLBN@�E<D�B�.B

,P=@LHBODE:�0L>8HTNB��1L8IDM��KJP�GJ;�L<A@�E8C@�G9L<�Q<>BOV�NOJPM�KLVNQP>@M�0�FV>JM�OBM�<KJRXLBNBM�:O<H�VOD�ODM�O@�F@PO<;@M�G9L@M�JD�G@O<H8NO@M�KJP�E8HJPH<K@L>;<�K@;H<M�OJPM�@GKJ?;AJPH�H<�GJD�L8NJPH�Q<>BOV�� FFJD�KLVNQP>@M�KJP�9RJPHJDEJ>9H@D<�E<D�K<D?D8�KLJNK<CJWH�H<�OJPM@GKJ?;NJPH�E<D�>;HJHO<D�8>LD@M�NPGKFJE9M��1<L8�OJ�>@>JHVM�VOD�9RJPH�<HODFBQC@;

KF9JH�VOD�O<�NWHJL<�NOJ�=<FE<HDEV�?D8�?LJGJ�9RJPH�EF@;N@D�JLDNODE8��JD�8HCLT�KJD�?@H�?@;RHJPH�?D<O@C@DG9HJD�H<�G@�O<EDHBCJWH�<KV�OBH�(D?JG9HB�N@�E8KJDJE9HOLJ�QDFJI@H;<M��,<D�>D��<POV�OJ�FV>J9QO<N<H��KLJRC9M�NOBH�(D?JG9HB�@KO8EFDH8G<I@M�OJP�02(�KJP�?D<C9OJPH�K@�L;KJP�����EL@=8OD<�KLJE@DG9HJP�H<�NO@�><NOJWH�JLDNG9H@M�<EVGB�JDEJ>9H@D@MG@�K<D?D8��

� )�.*/,��!(��#&��*��*/$�( ,

+?D<;O@L<�<H:NPRJM�>D<�OBH�E<O8NO<NBKJP�@KDEL<O@;�NOBH�(D?JG9HB�@GQ<H;NOBE@<PO:�OBH�@=?JG8?<�E<D�J�<H<KFBLTO:MPKJPL>VM�.@O<H<NO@PODE:M�1JFDODE:M&D8HHBM�.JPA8F<M�J�JKJ;JM�>D<�KLXOBQJL8�@;K@�VOD�QJ=8O<D�KTM�C<�PK8LIJPHC8H<OJD���'@H�>;H@O<D�H<�GB�H�HDXC@D�E8KJDJMCPGV�=F9KJHO<M�OBH�(D?JG9HB��@;K@���'@HPK8LR@D�KLJNQP>DEV�L@WG<�N@�<PO:�OBH9EO<NB��VKJP�?@H�C<�K@C8HJPH�8HCLTKJD�?@H�C<�K@C8HJPH�K<D?D8��)�EP=9LHBNBJQ@;F@D�H<�KLJNK<C:N@D�H<�G@DXN@D�?L<�G<ODE8�OJH�<LDCGV�OTH�<KTF@DXH�<POXH�5J=VG<NO@�>D<�C<H8OJPM��VRD�GVHJ�NOBH(D?JG9HB��(;R<G@�C<H8OJPM�NOJ�$D><;J�(;R<G@�=;<DJPM�C<H8OJPM�NOBH�KJL@;<OTH�KLJNQW>TH�KLJM�OBH�&@LG<H;<�NO<%<FE8HD<���3J�EL8OJM�?@H�9R@D�<HODG@OTK;N@D�O<�O@�

F@PO<;<����RLVHD<�GD<�O9OJD<�KLJNQP>DE:EL;NB�E<D�B�(PLXKB�:O<H�<KLJ@OJ;G<NOB�KLVNC@N@��

����������������� �

1WFB�(��NOJH�1@DL<D8���� �������������������F9@D�OJ�>EL8QDOD�NOJH�OJ;RJ�9IT<KV�OJH�@KD=<ODEV�NO<CGV��&D<�VNJPM�9RJPHK@L8N@D�KLXO<�<KV�OBH�(D?JG9HB��JD�NPH�C:E@M�NOJH�1@DL<D8�Q<HO8AJPH�D?<HDE9M�0D�8HCLTKJD�?@H�=L9RJHO<D��'@H�K@LK<OJWHNODM�F8NK@M��'@H�EJDGJWHO<D�NOJ�ELWJ�E<DNOBH�P>L<N;<��(?X�B�@DEVH<�OJP�<POJNR9?DJP�E<O<P�

FDNGJW�@;H<D�?DKF:��2OJH�@ITO@LDEV�RXLJGD<�G@>8FB�N@DL8�<KV�KJFWRLTG@M�GDEL9MNEBH9M�E<O<F<G=8H@D�GD<�<FBCDH8�G@>8FB<KVNO<NB�9IT�<KV�OJ�EO;LDJ�OTH�@KD=<OXH�.9N<�NOJ�EO;LDJ�OTH�@KD=<OXH�F<JC8�F<NN<��$HCLTKJD�NOJD=<>G9HJD�J�9H<MEPLDJF@EODE8�K8HT�NOJH�8FFJ��"O<H�HP�ROXH@D��J�9H<M�I<KFXH@D�?;KF<�NOJH�8FFJHE<D�OJ�K8OTG<�OJP�NO<CGJW�E<FWKO@O<D<KV�>EL;A@M�EJP=9LO@M�NOB�N@DL8��/<K@LK<O:N@DM�<H8G@N8�OJPM�@;H<D�<KV�?W�NEJFJ�9TM�<?WH<OJ��'@H�PK8LR@D�NKDC<G:@F@WC@LJP�RXLJP��,D�VNJD�PK:LR<H�9RJPH�E<FPQC@;�G@�GKV>JPM�<KV�LJWR<�0D�OBF@QTHDEJ;�C8F<GJD�OJP�NO<CGJW9RJPH�>;H@D�EL@G8NOL@M��1JP�<FFJW�H<=8FJPH�JD�8HCLTKJD�O<�LJWR<�OJPM�0CVLP=JM�@;H<D�NPH@R:M��0FJD�K<L<KJHD�JWHO<D�VOD�?@H�GKJLJWH�H<�BNPR8NJPHJWO@�OB�HWRO<��2OBH�K;NT�KF@PL8�OJP�EODL;JP�9R@D

?BGDJPL>BC@;�9H<M�<POJNR9?DJM�K<D?V�OJKJM��0�OJ;RJM�OJP�FDG<HDJW�9R@D�G@O<�OL<K@;�N@�K;H<E<��(?X�O<�K<D?D8�EJFFJWHODM�AT>L<QD9M�OJPM��&D<O;�B�AT:�NPH@R;�A@O<D���

������������������������������������������ ������������������������� ������

�&"*��)%����'*+201-%�.*/�"+�� .*,

��������� ��������������� �������������� �������������� �����������������������������������������������

���������������� ����OBM�2PHV?JP,JLPQ:M�?@H��<EJPGK8@D��OJPM�K@�L;KJP��������KLVNQP>@M�KJP�:?B=L;NEJHO<D�NOB�RXL<�G<M��&D��<POJWM�B�@I9FDIB�@;H<D�KLJ?D<>@>L<GG9HB�*<�G@;HJPH�NOBH�(FF8?<�N@�E8KJD�JPM�RXLJPM��@QVNJH�?@ROJWH�H<�@>�E<O<F@;SJPH�OJH�E<O<PFDNGV�OBM(D?JG9HBM�:�OJ�FDG8HD�OJP�1@DL<D8�G9RLD�H<�PFJKJDBC@;�>D<�E8KJDJPMOJ�KLV>L<GG<�G@O@>E<O8NO<NBM�N@RXL@M�OBM�(�(�0NJD�<KV�<POJWM�?@H�?DE<DJWHO<D

8NPFJ��C<�@K<H<KLJTCBCJWH�NODMRXL@M�KLJ9F@PN:M�OJPM�:�NOBH�3JPL�E;<��NOB�=8NB�OBM�?DG@LJWM�NPG�QTH;<M�@K<H@DN?JR:M�B�JKJ;<�@KD�E<DLJKJD:CBE@�KLVNQ<O<�NOBH2GWLHB��,8KJDJD�C<�K<L<G@;HJPHNOBH�(FF8?<�E<D�C<�QDFJI@HBCJWHNODM�?JG9M�KJP�PK8LRJPH�:�C<�?B�GDJPL>BCJWH��)�?D<?DE<N;<�OBM�G@O@>E<O8NO<�

NBM�KLJNQW>TH�N@�RXL@M�OBM�(�(�

KLJUKJC9O@D�VOD�9R@D�KLJB>BC@;�BPKJ=JF:�<DO:N@TH�<NWFJP��0NTHJD�<DO:N@DM�@>ELDCJWH�C<�GK<;HJPHNOB�?D<?DE<N;<�G@O@>E<O8NO<NBMNOBH�(PLXKB��4K@HCPG;A@O<D�VOD�B(PLXKB�9R@D�?@NG@PC@;�>D<�������G@O@>E<O<NO8N@DM�<KV�(FF8?<�E<D+O<F;<��"GTM�J�LPCGVM�G@O@>E<O8�NO<NBM�KLJRTL8@D�G@�=:G<O<�R@�FXH<M�E<D�JD�@>EFT=DNG9HJD�NOBRXL<�G<M�KLVNQP>@M�@EODG8O<D�VODC<�K<L<G@;HJPH�@?X�>D<�<LE@OV?D8NOBG<��

�& 01)#��%��� .%��+�*-.#�

)�NPGQTH;<�VGTM�@EOVM�<KVEF@DNO8�NWHJL<�9Q@L@�ED�8FF<�E<E8G<HO8O<�>D<�OJPM�KLVNQP>@M��)4K<OB�$LGJNO@;<�OJP�0)(�>D<�OJPMKLVNQP>@M�<H<EJ;HTN@�VOD�<HODO;C@O<DG@�JLDNG9H<�NBG@;<�OBM�NPGQTH;<MG@O<IW�((���3JPLE;<M�E<D�<H9NO@DF@E8KJD@M�<KV�ODM�?L<NOBLDVOBO9M�OBMNO<�@FFBHDE8�HBND8��������

2P>E@ELDG9H<��VKTM�@KD=@=<;TN@OBH�K@L<NG9HB�3L;OB�<KV�OBH�&@H@WBB�@EKLVNTKJM�3WKJP�OBM�4K<OBM$LGJNO@;<M�OJP�0)(��.@F;N<�5F9�GDH>E��B�?D<QTH;<�OJP�0L><HDNGJWNPH?9@O<D�G@�OBH�G@O<OLJK:�OTH����������N@�EF@DNO9M�?JG9M�E<CXM�VKTM@I:>BN@�G@�OB�H9<�NPGQTH;<�O<����������NO<�HBND8�G@O<OL9KJHO<D�N@?JG9M�EL8OBNBM��&D<�OJ�FV>J�<PO8��KDNO:�NOBH�KJFDODE:�OBM�@H8HOD<NOBH�PKJRL@TODE:�EL8OBNB��<H9�NO@DF@�E8KJD@M�<KV�ODM�?L<NOBLDVOBO9MOBM�N@�VF<�O<�EF@DNO8�E9HOL<�NO<HBND8��$H8G@N<�N@�<PO9M�NPGK@LD�F<G=8H@O<D�E<D�B�G@O<QJL8�OTHKLJNQW>TH�KLJM�O<�E9HOL<�<PO8��7NOVNJ��B�'D@CH:M�0L>8HTNB�

?D@PEL;HDN@�VOD�C<�?D<OBL:N@D�OBHK<LJPN;<�OBM��EL<OXHO<M�9H<H�@KJ�KODEV�LVFJ�EPL;TM�>D<�H<�?D<NQ<�FDNO@;�VOD�C<�OBLJWHO<D�O<�<HCLXKDH<?DE<DXG<O<�E<D�O<�?DE<DXG<O<�OTHKLJNQW>TH��*<�K<L9R@D�@K;NBM

KFBLJQJL;@M�NR@ODE8�G@�O<�?DE<DX�G<O<�E<D�ODM�?D<?DE<N;@M��VNTH�NEJ�K@WJPH�H<�ABO:NJPH�8NPFJ�E<CXME<D�=J:C@D<�>D<�ABO:G<O<�JDEJ>@�H@D<E:M�@K<H9HTNBM�E<D�KLVN=<NBMN@�?D8QJL@M�PKBL@N;@M��3J�KLJNTKDEV�OBM�#K<OBM�$L�

GJNO@;<M��@K;NBM��9>DH@�>HTNOV�VODC<�NPH@R;N@D�H<�@;H<D�K<LVH�NODM<EO9M�E<D�O<�FDG8HD<��KLJE@DG9HJPH<�K<L8NR@D�=J:C@D<�>D<�OB�?D8NTNBOTH�<HCLXKDHTH�ATXH��2OB�=J:C@D<NPGK@LDF<G=8H@O<D�E<D�B�G@O<QJL8NO<�HJNJEJG@;<�VO<H�PK8LR@D�O9OJD<<H8>EB�!H<�<EVGB�C9G<�KJP�KLJE8F@N@

OB�?PN<L9NE@D<�OBM�4K<OBM�$LGJ�NO@;<M�OJP�0)(�>D<�OJPM�KLVNQP>@M�VKTM�?D<OPKXCBE@�<KV�OBH�E��5F9�GD>E�@;H<D�OJ�>@>JHVM�VOD�B�NP>E@�ELDG9HB�NPGQTH;<�O9CBE@�N@�DNRWRTL;M�H<�9RJPH�KLJB>JPG9HTM�?D<�NQ<FDNO@;�JD�<K<L<;OBO@M�NPHC:E@MNOBH�(FF8?<�

�1LJM�OJ�K<LVH��B�(FF8?<�?@H9R@D�@K<LE:�RTLBODEVOBO<�NO<�HBND8>D<�OBH�<IDJFV>BNB�OTH�<DOBG8OTH<NWFJP�JWO@�ODM�E<O8FFBF@M�NPH�C:E@M�>D<�H<�QDFJI@H:N@D�<HCLXKJPM>D<�OJPM�JKJ;JPM�@EEL@G@;�B�@I9O<NBOTH�PKJC9N@XH�OJPM�<IDJKL@KXME<D�G@�<NQ8F@D<���OVHDN@�B�@EKLV�NTKJM�3WKJP�'D@PELDH;NOBE@�O9FJM�VOD�@K@D?:

B�4K<OB�$LGJNO@;<�?@H�@;H<D�NPG�=<FFVG@HJ�G9LJM�NOB�NPGQTH;<��?@HC<�NPGG@O9R@D�NODM�@KDNOLJQ9M�OTHKLJNQW>TH�E<D�?@H�C<�=JBC8@D�KF9JHODM�@FFBHDE9M�<LR9M�H<�<H<KOWIJPH@K<LE:�DE<HVOBO<�PKJ?JR:M�

�& 01)*2)�*&��& .+*���1+�,��2)*+

&D<�OJPM�;?DJPM�FV>JPM��B�4K<OB$LGJNO@;<�<KJRXLBN@�<KV�OB�?D<�?DE<N;<�NPH?LJG:M�=J:C@D<M�NOJ���������OBM�.VLD<M�<QJW�ED�<POVN@�@Q<LGJ>:�OBM�NPGQTH;<M�9R@D

G@O<OL<K@;�KF9JH�N@�E9HOLJ�EL8�OBNBM��(EOVM�<KV�OBH�4K<OB�$LGJNO@;<

VGTM�E<D�JD�&D<OLJ;�6TL;M�2WHJL<?D<QTHJWH�G@�OB�NPGQTH;<�OB�(�(G@�OBH�3JPLE;<�E<D�NO<G<OJWH�ODM?L<NOBLDVOBO9M�OJPM�KJP�NPH?9JHO<DG@�O<�����������NOBH�-9N=J�E<D�OBH28GJ�2ODM�?L<NOBLDVOBO9M�OJPM��@HO8N�

NJHO<D�B�G@O<QJL8�OTH�KLJNQW>THNO<�E9HOL<�E<D�B�F@DOJPL>;<�OTH�D<�OLDEXH�EFDHDEXH�NOJ�@NTO@LDEV�OJPM�)�<HCLTKDNODE:�JL>8HTNB�VGTM�C<NPH@R;N@D�H<�K<L9R@D�PKBL@N;@M?D8NTNBM�E<D�@K@;>JPN<M�D<OLDE:MQLJHO;?<M�>D<�OJPM�@KDAXHO@M�<KVO<�H<P8>D<�NOBH�-9LJ�E<D�NOJ�$><�CJH:ND�@HX�NOBH�-9N=J�C<�NPH@R;�NJPH�OB�F@DOJPL>;<�OJPM�OJ�?D<G@�O<EJGDNODEV�E9HOLJ�NOJH�.<HO<G8?JE<D�JD�EDHBO9M�D<OLDE9M�GJH8?@M�>D<VNJPM�KLVNQP>@M�=L;NEJHO<D�9IT<KV�O<������������

��!�������:8:�)21>-5��=E�@C8-��1�>3�%E�.-=3�>3<��181E3<�6)41�)84;C�:<��:?�.;,=61>-5�*9C�-�D�>:�6;)>:<�>:?�:�:,:?�1,8-5�:7,>3<��19-5>,-<�056-5:7:/3�*8:?�@D.:?�D>5�161,�4-�?�:=>1,05C/�:E<�7D/C�>3<�@?7+<��>3<�4;3=61,-<�+�>3<�14856D>3>)<�>:?�+�19-5>,-<�>C8��:75>56F8�>:?�-�DB1C8���:75>56D<��;D=@?/-<���6-51�5�7*:8�>:?�1,8-5�-0E8->:�8-�19-=@-7,=15��;:=>-=,-�-�D�>3�AF�;-�>:?�

"*A;5�8-�>:?�-8-/8C;5=41,�8:�56)�3�505D>3>-�>:?��;D=@?/--�D��,-�AF;-��*8-<�)84;C�:<���:;1,�8-�.;,=61>-5�?�D�>:�6-41�=>F<�>:?��-5>:E8>:<�)=?7:��

&:������3�16>,8-93�>C8��;:=@?/56F8�;:F8�:0+/3=1�=A10D8=1�05�7-=5-=�D�>C8�-5>3�)>C8�/5-��-;:A+�-=E7:?�=>3�AF;-�-<���>=5��>38�A;:85)��:?��*;-=1��6->->*436-8�������-5>+=15<18F�>:�����:5�-8>,=>:5A1<�-5>+=15<�+>-8�������-E93=3��������%?;,-�+>-8�3��;F>3�AF;-�-8)�1=-�=>5<�AF;1<��;:*71?=3<�>C8-5>:E8>C8�)=?7:��%?8:756)��>:�����������%E;:5�?�*.-7-8�-,�>3=3�-=E7:?�=>3�AF;-��-<�/5-�8-�7).:?8�6-41=>F<�05148:E<�;:=>-=,-<��

&:8�(1.;:?);5:�>:?��� �6->->*436-8������-5>+=15<�-=E7:?�)8:0:<����-�D��*;?=5�6-5������-�D�>:8� -8:?);5:�>:?��� ��!-5�=1�-?>D�>:�05)=>3�-��-�D�>-�=>:5A1,-��;:6E�>15�D>5�:5�%E;:5?�:.)77:?8�>5<��1;5==D>1;1<�-5>+=15<�

�A15�=3�-=,-��)8>C<��D>5�:5�-5>+=15<�%E;C8��;:=@E/C8�056-5F�8:8>-5�=A10D8�6-4:756)��&:������=1��:=:=>D�������=>:?<�%E�;:?<�-5>:E8>1<�)=?7:��>:?<�A:;3/+4361�3��;:=>-=,-��:?�23>:E�

=-8��%1��:=:=>D� �����A:;3/+4361�)=?7:�=1��@/-8:E<�6-4F<6;,81>-5�D>5�3�6->)=>-=3�=>3�AF;-�>:?<�1,8-5�05-;6F<��1>-.-77D��183�

��D�>3�=>5/�+��:?��5-�-,>3=3�-=E7:?�/,81>-5�016>+��:�-8-/8C�;5=�*8:<��7*:8��;D=@?/-<�:@1,715�/5-��*8>1�A;D85-�8-��1,815=>3�AF;-��-<��*A;5�8-�8-�-�:6>+=15�>38�505D>3>)�>:?��1�,��-6;D805-�*8:8>:<���F=>1�8-���:;1,�8-�>-9501E15�=1�)771<�AF;1<�>3<����

%>:�>*7:<�>:?�����?�:7:/,21>-5�D>5�?�+;A-8��1;,�:?�����16->:��E;5-��;D=@?/1<�=1�D7:�>:8�6D=�:��&-������16->:��E;5-+>-8�?�D�>38�1?4E83�>3<�������6-5�>-�����16->:��E;5-��:5�$-�7-5=>,85:5��;D=@?/1<��?�D�>38�1?4E83�>3<���������'�3;1=,-�;C/+<�6-5��;/C8�>C8��8C�*8C8��48F8�/5-�>38�$-;:A+��:+415-<=>:?<�$-7-5=>,85:?<�$;D=@?/1<���

#5��;D=@?/1<�>:?�=?;5-6:E�1�@E75:?��:7*�:?�*/58-8�3��1/-�7E>1;3�:�)0-��;:=@E/C8�>:���������16->:��E;5-�������16-�>:��E;5:��1;5==D>1;:5�-�D�>:��;:3/:E�18:�*>:<���91�1;8F8>-<>:?<��@/-8:E<��� �16->:��E;5-����:?�-�:>17:E=-8�>3��1/-7E�>1;3��;:=@?/56+�:�)0-�1�,�>;15<�016-1>,1<�

&:8�(1.;:?);5:�>:?�����3�&:?;6,-�*/581�3�AF;-��:?�@57:91�81,�>:?<��1;5==D>1;:?<��;D=@?/1<���1���16->:��E;5-�%E;:?<6-5����A575)01<� ;-658:E<��&:�$-65=>)8�*;A1>-5�01E>1;:��@57:91�8F8>-<��� �16->:��E;5:��@/-8:E<����4;3=61?>56+�>-?>D>3>--8-01568E1>-5�=1�=3�-8>56+��71?;)�>:?��;:=@?/56:E�23>+�->:<=>5<��1;5==D>1;1<�AF;1<�@57:918,-<��;:=@E/C8�

���$��������!� �������� "���������� ��&��"��!�"���'��"�

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

� ����� ������� ������������������

Page 9: -5/21#%.%(05.,- 4* ˛ ˛ ˘ ˚ ˇ ˝ ˙ˆ ˇ ˛ ˆ ˜˝ ˆ˛ ˚ˆ˙˝ˆ ˝ ˘˘ ˚ ˛ˇ · ˚ ˘˘ ˜˝ ˙ ˛˜ˆ˝ ˇ%#$ # !&""# ˝ ˆ ˙ ˆ ˆˇ ˆ ˇ ˆ˘ ˇ %˚%’!˚#˛˝%˙˝

"+55+3.5'�.5.��'1+4� NaQcQ]�Q`kdW]�W\NaQ�`_e�_�`akUTa_b�KaQ]�c_eM�F[M]d�UPgU�UZcd_\PcUY�dW�faMcW2Ng_e\U�`k[U\_3�Q\Ncib�\UdM�dW]U`PXUcW�cd_�GQaPcY�cdYb���������UZUP]W�dW�2DQlaW�GQaQcZUeO3�k`ibQ`_Z[OXWZU��

:`k�dW]�W\NaQ�UZUP]W�d_�GQaPcYN`QhU�]Q�UP]QY�d_�PTY_��9`ib�N`QhQ]]Q�UP]QY�d_�PTY_�ZQY�_Y�;ae^N[[Ub\UdM�dW�2DQlaW�IaPdW3��DUSM[WIaPdW�SYQ�d_eb�BQX_[YZ_lb�`_e�_YdVYgQ]dYcdNb�d_e������NRQhQ]�\UQP\Q�dW]�ZQaTYM�dWb�>eam`Wb�

GQaM�d_]� k[U\_�k\ib� _e�ZO�ae^U�_� akUTa_b�F[M]d��_�l`_`d_b�Z[UYTP�SYQ�dYb�U`YXNcUYb�cd_�GQaPcYHQ[Mg�:\`]dUc[M\�Q[m]YVU��k`ibfQP]UdQY��Q]M\UcQ�cU�GQaPcY�ZQY;ae^N[[Ub�\NgaY�`_e�ce]U[OfXWdW]�GQaQcZUeO����DQadP_e�N`UYdQQ`k�Q]dQ[[QSO�`ea_R_[Yc\m]�\UdW]�Qcde]_\PQ�cdW]�`UaY_gO�d_eD_[U]\`NZ�cdYb�;ae^N[[Ub��BQY�_:\`]dUc[M\�Q[m]YVU�SYQ�d_]�Q`[_l�cdQd_�[kS_�kdY�W�ZMXU�Qcde]_\PQ��WZMXU�e`WaUcPQ�ZMXU�gmaQb�[UYd_ea�S_lcU�SYQ�[_SQaYQc\k�dWb�� Qa5�k[_`_e�W�ce]UaSQcPQ�cU�QedNb�dYb�`U�aY`dmcUYb�UP]QY�Qed_]kWdW��>Z�di]ecdNai]�RNRQYQ�ceSZ[OXWZU�d_�ce\�R_l[Y_�di]�e`_eaSm]�>cidUaYZm]dWb�>>�\U�Q]dYZUP\U]_�Qedk�d_�XN\Q��

:edO�k\ib�UP]QY�W�\PQ�`[UeaMd_e�VWdO\Qd_b��@�QcfM[UYQ��<YQdPe`MagUY�ZQY�W�M[[W��G_e�NgUY�cgNcW\U�dYb�U[UeXUaPUb�ZQY�dQ�Qd_\YZMTYZQYm\QdQ�di]�`_[Ydm]��=W[QTO\U�Q`[M�[kSYQ�ZMXU�da_\_ZaQdYZkgdl`W\Q�NgUY�ib�ce]N`UYQ�dW]�`U�aQYdNai�U]PcgecW��k`ib�[N]U��di]TYQfkai]�\Ndai]�QcfQ[UPQb��G_ecW\QP]UY�

1�@�ViO�di]� _[Ydm]�SP]UdQY�TYM�daWdW

1�GQaQRYMV_]dQY� a_ci`YZM�TU�T_\N]Q�ZQY� UaY_aPV_]dQY�_Y�Qd_\YZNbU[UeXUaPUb

1�=ecgUaQP]_]dQY�_Y�\UdQZY]OcUYbZeaPib�_Y�QUa_`_aYZNb��KQ]dQcdUPdUcU�[PS_�QZk\W�ZQY�SYQ�`dOcUYb�Uci�dUaYZ_l�_Y�U YRMdUb�XQ� aN`UY�]Q�UP]QYcd_�QUa_Tak\Y_4�daUYb�maUb� aY]�SYQ]Q�SP]UY�_�Q]QSZQP_b�N[USg_b

1�<P]_]dQY�U^_]egYcdYZ_P�_Y�N[USg_YcdQ�cl]_aQ��TW[QTO�_ecYQcdYZM�dQcl]_aQ�Z[UP]_e]�ZQY�W�ce]XOZWHN]SZU]�cdW]�_ecPQ�QZeam]UdQY�BQY�QZeam]UdQY�TYkdY�_Y�N[USg_Y�SP�]_]dQY�ZQY�cd_eb�>eai`QP_eb� _[PdUb\YQb�ZQY�dNd_Y_Y�UP]QY�_Y�TaMcdUb�di]U`YXNcUi]

1�@�^U]_f_RPQ�Q]XUP�ZQY�_Y�fQ�cYcdYZNb�XUiaPUb�RaPcZ_e]� akcf_a_NTQf_b�]Q�ZQa`Pc_e]��F�ZP]Te]_bSYQ�dW�TW\_ZaQdPQ�UP]QY� UaYcckdUa__aQdkb�Q`k�`_dN�

:edNb�UP]QY�ZM`_YUb�Q`k�dYb�U`Y�`dmcUYb�U]kb�da_\_ZaQdYZ_l�gde�`O\Qd_b�cdW�ViO�\Qb��BQY�d_�gUY�akdUa_�UP]QY�W�\k]Y\W�USZQdMcdQcWd_e�fkR_e�ib�`QSP_e�QYcXO\Qd_b�<YQ�d_]�Q`[_lcdQd_�[kS_�kdY�d_�Q]P�ZWd_�k`[_�UP]QY�_�Q`_fQcYc\N]_bM]Xai`_b� _e�Vm]UdQY�\U�UZaWZdYZM\U�cZ_`k�]Q� UXM]UY�2\UdM�di]�Q[�[_fl[i]3��

IY�`aN`UY�]Q�ZM]_e\U�[_Y`k]SYQ�d_]� UaY_aYc\k�d_e�fQY]_\N]_e�Lde`M\U�d_�cl\`di\Q�O�dW]�QYdPQd_e�ce\`dm\Qd_b��@�Q`M]dWcWUP]QY�UlZ_[W��TlcZ_[W�k\ib�W`aQS\Qd_`_PWcO�dWb��HQfNcdQdQ`aN`UY�]Q�Qcg_[WX_l\U�\U�dW]QYdPQ�d_e�ce\`dm\Qd_b�ZQY�]Q�U`Y�gUYaOc_e\U�dW]�U^M[UYhO�dWb��9c_UlZ_[Q�k\ib�TW\Y_eaSOcQ\U�dW]QYdPQ��dkc_�TlcZ_[Q�\`_a_l\U�]QdW]�U^Q[UPh_e\U�

<YQ�]Q�T_l\U�[_Y k]�dQ�UaidO\QdQZQY�dYb�Q`Q]dOcUYb�

1�G_Y_Y�U^NXaUhQ]�\U�dYb�U]NaSUYNbd_eb�d_�Yc[Q\YZk�ZaMd_b�`_e�U`Y�gUYa_l]�dmaQ�TOXU]�\U�R_\RQaTY�c\_lb�]Q�cROc_e]�Q`k�d_�gMadW�

1�G_Y_Y�gaW\Qd_T_d_l]�Qedk�d_\kafi\Q�

1�G_Y_Y�NZQ]Q]�d_]�`k[U\_�cd_AaMZ��

1�G_Y_Y�ce]dWa_l]�d_]�`k[U\_cdW]�HeaPQ�

1�G_Y_Y�e`_TQl[YcQ]�dW]�2:aQ�RYZO�6]_Y^W3�`_e�SaOS_aQ�\UdQ�R[OXWZU�cU�2:aQRYZk�LUY\m]Q3�

1�G_Y_Y�ZQdNcdWcQ]�dQ�e`_RQX�\Yc\N]Q� a_McdYQ�di]�Ueai`QjZm]`aidUe_ecm]��GQaPcY��C_]TP]_��;ae�^N[[Ub��Z�M���SZNd_�ZQY�_TWS_l]�d_eb]N_eb� _e�UP]QY�e`OZ__Y�di]�giam]Qedm]�cdW�aYV_c`QcdYZ_`_PWcW�\YQbZQY�XUia_l]�kdY�TU]�Ng_e]�ZQ]N]Q\N[[_]��

1�G_Y_Y�UeXl]_]dQY�SYQ�d_�SUS_]kbkdY�_Y�U^daU\YcdNb�Qed_P�d_e�Ac[M\Ng_e]�QZa_QdOaY_�cdW�TlcW��J`Ma�g_e]�TW[QTO�M]Xai`_Y��ZeaPib�]N_Y�`_e�U`YT_ZY\MV_e]�dYb� aM^UYb�d_eb�

@�Q`M]dWcW�cU�k[Q�QedM�Q[[MZQY�M[[Q�ce]QfO�UaidO\QdQ�UP]QY\PQ�

1�9[Q�QedM�dQ�NgUY�`a_ZQ[NcUYZQY�e`_TQe[PcUY�W�2`_[YdYc\N]W�Tl�cW3��:`k�dW�\YQ�\U�dW�ce\\Ud_gOdWb��UZ�d_e�\QZakXU]��cd_]� k[U\_cdW�DNcW�:]Qd_[O�ZQY�Q`k�dW]�M[[Wcd_�cZ[Wak�]U_fY[U[UlXUa_� k[U\_`_e�TYU^MSUdQY�U]Q]dP_]�di]� _[Ydm]ZQY�d_e�Z_Y]i]YZ_l�ZaMd_eb�\U�ce�]N`UYQ�dW]�`UaYXiaY_`_PWcW�k[_ZQY�\USQ[ldUai]�d\W\Mdi]�d_e� [W�Xec\_l�Ueai`QjZm]�giam]��BQY

\NcQ�cdQ�d\O\QdQ�QedM�UP]QY�_Y�]N_Ydi]�e`_RQX\Yc\N]i]�`a_QcdPi]di]�Ueai`QjZm]�\USQ[_e`k[Ui]�QaZUd_P�Q`k�d_eb�_`_P_eb�cdaQ�dUl_]dQY�cd_� [Ueak�d_e�Yc[Q\YZ_lZaMd_eb��UZ`QYTUl_]dQY�ZQY�U`Y�cdaNf_e]�cdW]�>eam`W��YZQ]_P�SYQ_`_YQTO`_dU�U]NaSUYQ��

>Tm�`aN`UY�]Q�cW\UYiX_l]�Tl_cd_YgUPQ�

���F�:\`]dU[gQ\P]d�:\`QQ_l]d`_e�XUiaOXWZU�U`YZUfQ[Ob�dWb_\MTQb�`_e�gdl`WcU�d_�GQaPcY�cl\fi]Q�\U�d_]�Ycdkd_`_��*('-'!*�`aY]�cZ_diXUP�UPgU�U\`YcdUeXUP�cUce]UaSMdUb�d_e�kdY�\`OZU�cdW]�<Q[�[PQ�2giaPb�U`PcW\Q�NSSaQfQ3�ZQYce]_TUekdQ]�Q`k����M]TaUb�Hla_eb�AaQZY]_lb��<M[[_eb��<Ua\Q]_lb�ZQY;aUdQ]_lb�

���FY�;N[S_Y�`[UY_hWf_l]�ib>eai`QP_Y�UXU[_]dNb�\QgWdNb�U]�dQS\N]_Y�cdYb�dM^UYb�d_e�Yc[Q\YZ_lcdaQd_l��:Z_[_eX_l]�_Y�=Q]_P�_Y�H_eWT_P��_Y�<M[[_Y��_Y�:ecdaYQ�Z_P��_Y�F[[Q]T_P��_Y�KY][Q]T_P�_Y�E_aRWS_P��_Y�;aUdQ]_P�ZQY�_Y<Ua\Q]_P�

Hl\fi]Q�\U� Q[QYkdUa_�TW\_�cPUe\Q�dWb��#��'%�+*�`UaP`_e������� �����Ueai`QP_Y�UXU[_]dNb`UaY[Q\RQ]_\N]i]�������<M[[i]

Ng_e]�\UdQRUP�cdW]�HeaPQ�SYQ�]Q`_[U\Oc_e]�cd_�`[Ueak�di]�dVY�gQ]dYcdm]�cl\fi]Q�\U�dW]�>eai�`QPQ�U`Pda_`_�SYQ�XN\QdQ�TYZQY_�cl]Wb�IcNgQ�;NaQ�<Y_la_RQ��I_SUS_]kb�U`YRURQPicU�ZQY�_�>`P�da_`_b�DUdQ]McdUecWb�=W\OdaWb:RaQ\k`_e[_b�[NS_]dQb�kdY�UP]QYd_e[MgYcd_]�������_Y�>eai`QP_Y2dVYgQ]dYcdNb3��=U]�e`MagUY�Q\fY�R_[PQ�kdY�k[_Y�Qed_P�Q`_dU[_l]�\YQQ`UY[O��XQ]McY\W�XQ�N[USU�ZQ�]UPb��SYQ�dW]�>eam`W��

IY�XQ�ce]NRQY]U�[_Y`k]�UM]�W� _�[YdYZO�di]�Ueai`QjZm]�ZaQdm]��\UdW]�ZQX_TOSWcW�Q]�UP]QY�Te]QdkdWb�>eai`QjZOb�7]icWb��U`YgUY�a_lcU�ZQY� aQS\Qd_`_Y_lcU�dW]�U]�ci\MdicW�dWb�]U_[QPQb�di]�e`_�RQX\Yc\N]i]� a_QcdPi]�di]�Ueai�`QjZm]� aidUe_ecm]�\U� QaM[[W[W2U`PXUcW�fY[PQb3�cd_�\UdaY_`QXNbAc[M\�NdcY�mcdU�]Q�Q`_\_]iX_l]`[Oaib�_Y�U^daU\YcdNb��

IQedkga_]Q�\U�Qedk�d_]�dak`_XQ�U^_eTUdUam]_]dQ]�ZQY�dQ�^U�]_f_RYZM�QZa_TU^YM�ZWalS\QdQ`_e�Q`UY[_l]�\U�Q]QRPicW�d_efQcYcdYZ_l�dNaQd_b�cdW�<WaQYM8`UYa_�

LiaPb�[_Y`k]�]Q�`QaQS]iaPVUYZQ]UPb�d_]�d_\NQ�dWb�QcfM[UYQb��W

_`_PQ�Qed_]kWdQ�XQ�U]YcgeXUP�QZk\Q`UaYcckdUa_�ZQY�\U�dW]�Qedk\QdWce]UaSQcPQ�di]�e`WaUcYm]�cU�Ue�ai`QjZk�U`P`UT_��W�XUaQ`UPQ�XQU`YdUegXUP�\U�dW]�U^M[UYhW�di]�QY�dPi]��=U]�UP]QY�degQPQ�W�TO[icW�d_e�+'!#��#��.0/#+�ce\R_l[_e�QcfQ�[UPQb�d_e�`amW]�`aiXe`_eaS_ld_e�;U[SP_e��.0��#+&*$,-�"-�SYQdW�ViO�di]�]Ni]�cdYb����ce]_YZPUbdi]�;ae^U[[m]��Q]M\UcM�d_eb�ZQYcd_�D_[U\`NZ�

2FY�]N_Y�[Q\RM]_e]�fdig_P�UZ�`QPTUecW��cdaNf_]dQY�cU�\YZa_US�Z[O\QdQ��Ng_e]�`a_R[O\QdQ�\UdW]�Qcde]_\PQ�ZQY�\UdM�Ng_e\U�N]QRPQY_�ZlZ[_�`_e�_TWSUP�cdW]�ZQ�dQcdaQdOSWcW�Q`k�aYV_c`QcdYZNb_\MTUb3�

7]Qb�QZk\Q�ZP]Te]_b�`_e�U[�[_gUlUY�ZQY�UP]QY�_�`[N_]�c_RQakbUP]QY�W��Q`UeZdQPQ��TYM[ecW�dWb>eam`Wb��W�N]icW�dWb�_`_PQb�\`_aUP]Q�e`_giaOcUY�\`a_cdM�cd_]�UX]Y�c\k��I_�`UaPfW\_�2W�Ycglb�U]�dWU]mcUY3�YcglUY�UTm� UaYcckdUa_�Q`k_dYTO`_dU�M[[_��

�������������� ������� �������� �

����������������������� ����������������������� ����������

����� ������������������

%93(4�1)��)3)*193(,+.�ZQ]UPb�_aYc\N]Q� _[l]UZaQda_\_ZaQdYZM�gde`O\QdQ�`_e�`MSicQ]�dW]�>e�am`W��k`ib�Qedk�cd_�cg_[UP_�D`Uc[M]�cdW�RkaUYQFcUdPQ�\U���]UZa_lb�ZQY�����daQe\QdPUb�Q`k_\MTQ�IcUdcN]i]�Qed_]_\Ycdm]��k`ib�ZQY�UZUP]_cd_�9c[_�ZQY�cdW]�ZQdQcZO]icW�cdW]�FedkSYQdWb�E_aRWSPQb��k`_e�_�QZa_TU^Ykb�D`aNYRYZ�cZk�dicU����Md_\Q�ZQY�daQe\MdYcU�����_Y�cW\Q]dY�ZkdUaUb�da_\_U`YXNcUYb�Q`k�dVYgQ]dYcdNb�O�QZaQP_ebYc[Q\YcdNb�cdW]�>eai`QjZO�7]icW�UP]QY�_Y�`Q�aQZMdi�

������ �"� �����������������HYTWa_Ta_\YZ_P�cdQX\_P�������������]UZa_P����� �daQe\QdPUb

" ��!��� �! `aY]�Q`k�dYb�UX]YZNb�UZ[_SNb�d_e�����_\MTQ�da_\_ZaQdm]�\U�TUc\_lb�\U�dW]�:[�BMY]dQU`YgUYaUP�d_�`aiP�ce]d_]Yc\N]_�gdl`W\Q�cd_�cY�TWa_Ta_\YZk�TPZde_�\U���Rk\RUb�cU�YcMaYX\_ebcea\_lb�Q`k�dYb������ib�dYb��������LQaQZdWaPcdWZUib�\YQ�Q`k�dYb� Y_�QY\QdWaNb�U`YXNcUYb�cU�Ueai`QjZkNTQf_b��

���������� ���������������DUdak�����������]UZa_P������daQe\QdPUb

"�!!� �!��!����!"�!�ZQ\YZMVY�gde`_l]��daN]QZQY���[Uif_aUP_�dW]�W\NaQ�`_e�d_�C_]TP]_�Q]Q�ZWalgdWZU�W� k[W� _e�XQ�fY[_^U]_lcU�d_eb�F[e\�`YQZ_lb�:Sm]Ub�d_e����

����� �!�����������������<aQfUPQ�`UaY_TYZ_l��&�+('#��# "*�����������]UZa_P��TUZMTUb�daQe\QdPUb�#����� $�� `_e�Q]OZ_e]�cU�_\MTQ� QaQZ[MTY�dWb:[�BMY]dQ��_Y�QTUaf_P�B_eQcP��UYcRM[[_e]�cdYb�����d_�`aiP�cdQ�SaQfUPQ�d_e�`UaY_TYZ_l�\U�k`[Q�ZQYcZ_a`_l]�d_�XM]Qd_��KUlS_]dQb�cZ_dm]_e]�ZY�N]Q<M[[_�Qcde]_\YZk��=e_�\NaUb�\UdM�`Nfd_e]�ZQY�_YPTY_Y�]UZa_P�Q`k�dYb�Qcde]_\YZNb�Te]M\UYb��

����� �!� ������������������He]Qe[YQZk�ZN]da_�D`QdQZ[M]���-�"#�"#��+�)!#�UcdYQdkaY_��\`Qa��`YdcQaPQ������������]UZa_P����daQe\QdPUb!������!������gdl`WcQ]�_Y���fQ]QdYZ_P�Yc[Q\YcdNbZQdQfNa]_]dQb�d_�\USQ[ldUa_�gdl`W\Q�cdW]�ZQaTYMdWb�<Q[[PQb��FY���TaMcdUb�Q]QdY]MgdWZQ]�\U�dQ�UZaW�ZdYZM�d_eb��U]m�_��_b�cZ_dmXWZU�Q`k� eaM�Qcde]_�\YZm]��>PgQ]�`a_[MRUY�]Q�cZ_a`Pc_e]�d_�XM]Qd_��

��� #�����!������������������=YUX]Nb�QUa_Tak\Y_�?M]dURU\�ZQY�cdQX\kbDUdak�DMQ[\`UZ����������]UZa_P�����daQe\QdPUb"�!!� �!����� �!"�!�Q`k�d_eb�_`_P_eb�_�N]Qb�TYQfUlSUY�FY�Te_�ZQ\YZMVY�gdl`WcQ]�cd_�QUa_Tak\Y_�ZQY�_daPd_b�U`PcWb�ZQ\YZMVY�cd_�\Udak��=l_�Q`k�d_ebZQ\YZMVY�dQed_`_YOXWZQ]��_Y�QTU[f_P�D`QZaQ_eP�IW]�UeXl]W�k`ib�UP]QY�S]icdk�Q]N[QRU�_������

"2��39.1:�6-4��+3)5�&1-4�"3(6-4�78/6��593$11+678-2�0'5*/#�8-6��95A�-6�?1'�0914@7'2�=6�792%�.=6���&;'2��+5#7+/��?1/6����$5+6�0'/�'�?�8-�7@11-�<-�849�+�/0&2*9249�/71'�/78%�0'8#�8/6�'5;$6�849 '1#;����28+71#���49�0'8',-84@28'2�'�?�8/6�+�/�.$7+/6�784��'5&7/���/'�7@11-<-��49�&7=6�+&;+�+1'�:5@2+/�8-�('5/#�'8�?7:'/5'�)@5=�'�?�84�.$�'�8-6854�405'8&'6��49�8'1'2&,+/�+*A�0'/�0'/5?�8-2��9�5A�-���1'�'98#�?�=6��$;5/��49�

�$;5/��49�'98#�8'�'2&0-8'�?�1'��4/�'�4:'7/�7�$24/�,=7�$24/��+�+05-08/0#�'05'&4/�/71'�/78$6�$0'2'2�8-2�+�:#2/7%�8496�784�*/+.2$6�'+54*5?��/4�8=2��593+11A2���2'8/2#;.-0'2�0428#�78'�)0/�7$�� 94�'�?�'984@6����$2'6�4���#5-6���'05#49/�4�#1146�4�0'8',-84@�+246��';5#49/��4�#2.5=�46�49�0'8-)45+&8'/�?8/�$:8/'3+�8/6�(?�(+6��49�.$5/�7'2�8?7496�'2.5A�496�784���'8'01#2�784��'5&�7/���?�(+6�)+�#8+6�0'5:/#�)/'�2'�7048A2492�0'1@8+5'�

�2'6�85&846�#:-7+��/'�('1&87'�)+�#8-�+05-08/�0#�0'/�+3':'2&78-0+���8'2�0'/�'98?6�,=7�$246�0'/*+&1/'7+��)2=784�

�4��#8/'�0'/�.5@<'1'���2.5A�/2'��$1-��#2.5=��4/��'8=�$24/��7'0'8+�$24/���+�(1$��'�'�45-�$240'/�#114/�2'�85$;492�2'�7=.4@2�� 0-2$6�'�40#19�<-6��!4�0$2854�8-6��95A�-6�$;+/�;89�-.+&��

��792')+5�?6�'2+('&2+/�784�+�&�+*4����7;+*?2�41+�/0?6���&)-�A5'��+8#�4�78'.�?6�849��+85?��#�'1��+0��0428#�784�08&5/4�8-6��4�/7/?2�79)0142&,+8'/0'.A6�$2'6�78'.�+9�$246�795�?6��/'6�'�'34784/�;&'6�)&2+8'/�70?2-��',&��+�842�$8+54���'05#49/�'*+5:?�849�0'�/0#,/�849�'+54*54�&49��49�,=7�$246�+�+05-08/0#�+�/;+/5+&�'98%�8-2�+�&.+7-�'9840842&'6�

�/�#114/�#2.5=�4/�+*A�2+054&�7+�;5?24��-*$2�!4�0$2854�8-6��95A�-6�$;+/��')A7+/���00+2A2+�

8'/�4�7/*-54*54�/0?6�78'.�?6�8=2��593+11A2��84�+85?�*/'0?�8+/�8-�1+/8495)&'�849��'095A2428'/?1+6�4/��8%7+/6��7978%2+8'/�78496��41&8+6�2'��+&�2492�78'�7�&8/'�8496��+00+2A2428'/�04/24(4@1/4�0'/�5=.9�495)/0?�)5':+&4�0'/�?1'�8'�*/0'78/0#��$)'�5'�0'/���$:8+/��84�*&0894�0/2-8%6�8-1+:=2&'6�

��$������$#(���$�%��(��"#�����*-1A2+/�4��$1�)46��5=.9�495)?6�+2A�'2'04/2A2428'/��5?7.+8'�$85'�'7:'1+&'6�7+��5+8'2&'���+5�'2&'���11'2*&'� '2&'�� 49-*&'�0'/�"/21'2*&'���/�7-�'&+6�8-6��95=��'>0%6��2=7-6�$3=�'�?�84�08&5/4�8-6��4�/7/?2�0'/849� 9�(491&49�09�'8&,492��+7&78/+6��

�'/�84�0+5'7#0/�78-2�84@58'��!4�/71'�/0?�05#846'2'1'�(#2+/�8-2�+9.@2-�8-6�+�&.+7-6�� ��"&(���"#��"#��"$���&���#'��"#�$ �%( '������#����#�$�"������)�� �#�$!�(#�������"�$����) �!��� �!�"�����#�"������#��������"��#�$!�����#����#�$��"�������)�� �#�$!����!��$"#��(!��$ ���!�#'��"# ��#�'#*��#�$�����%�#�$�( ��"������#����#�$�"#�$� �%� ���)������$���$�����"#���#�"�������&�#��#���"��������#�$!���$"�$�����$!���

���95A�-�)/'��/'�'0?�-�:45#��?�=6�0'/�784��'�5&7/��+&2'/��')=�$2-���+85#+/�8A5'�0'/�78/6��593$1�1+6����2+054@6�0'/�����85'9�'8&+6��!4��?24��49'04@)+8'/�'�?�9�[email protected]'�;+&1-�+&2'/�-��+5'/8$5=+2&7;97-�8=2��$85=2�'7:'1+&'6���49($28'�)/'�8'�54#78/'��)/'�8496�*9789;/7�$2496��)/'�8-2��+&2'�)/'�8-2�$11+/<-��5?7('7-6�78-2��'/*+&'�0'/�8'�('�7/0#�')'.#��)/'�8-2�'8$5�42-�1/8?8-8'���?24�1?)/')/'�8-2�+2&7;97-�8=2��$85=2�'7:'1+&'6�

�%�=6�'98?�+�/*/A0492�0'/�4/�:'2'8/04&

� ������ ���# ���" �"�

�!��������� ������� �����������������"�������������"����������������!�

������������������������������� �������������

���32587*./:-�57�891()-�632�2/3)6()�1)4��20;4�74('5?6�0&2*9246+114;+@+/�)/'�8-�;A5'��'6��+�8#�84�854�405'8/0?�;8@�-�'78/6��593$11+6���'�8/2';8+&7842�'$5'�-��5?7:'8-�79��:=2&'�)/'�84��547:9)/0?�0'�.A6�84�'/8/414)/0?�*/':?5=2;=5A2�)/'�8-2��-�+:'5�4)%8-6�+&2'/�4�0&2*9246�8-6�+/7?�*49�854�405'8A2�78-2�+�/�05#8+/#�8496���*-�-��41=2&'*/+�%297+�?8/�*+2��5?0+/8'/2'�*+;.+&��5?7:9)+6�0'/��+�8'2#78+6�784�$*':?6�8-6�

��'2-79;&'�8-6�09($52-�7-6�+&2'/�$0*-1-�� +2�+&2'/89;'&4�?8/�4��5=.9�495)?6�1$3-6�!7&�5'6�+&;+�8-1+:=�2/0%�7924�/1&'�)/'�84�1?)4'98?��+�8-2��+5�'2&*'�0')0+�1#5/4��2)0+1'��$50+1���0�:5#,428'/�(#7/�4/�:?(4/�?8/78-2��11#*'�.'���1/�2#7+/�9�+5(41/0?6�'5/.�?6��54�7:@)=2�0'/��+8'2'78A2��*9�7(#78';846�)/'�8/6�*92'8?8-�8+6�8-6�;A5'6�

!4��'5#*434��/��593$11+69�$78-7'2�84�854�405'8/0?;8@�-�'��-��.%2'�0/2*92+@+/2'��1-5A7+/�84�8&�-�#�849�

Page 10: -5/21#%.%(05.,- 4* ˛ ˛ ˘ ˚ ˇ ˝ ˙ˆ ˇ ˛ ˆ ˜˝ ˆ˛ ˚ˆ˙˝ˆ ˝ ˘˘ ˚ ˛ˇ · ˚ ˘˘ ˜˝ ˙ ˛˜ˆ˝ ˇ%#$ # !&""# ˝ ˆ ˙ ˆ ˆˇ ˆ ˇ ˆ˘ ˇ %˚%’!˚#˛˝%˙˝

� 1-��1-�-2<�0�c\^J�R]VORONVkUTWRiaV�WNYMN�`bYcfZMN�QRZ�KdRV�N[MNWNV�QRZ�Y]\^RM�ZN�RcN^Y\`aRM�RJZ

NbaL�KdRV�b]\P^NcRM�YR�E\j^W\b_�]\XV�aVW\j_��<NV�Nbai�R]VORONVkUTWR�PVN�YVNNWiYT�c\^J�WNUk_�YR^VWK_�YiXV_�TYK^R_YRaJ�aT�`bYcfZMN�W\^bcL_��\V�E\j^W\V`aTZ�\b`MN�QRZ�WJZ\bZ�N]\Xjaf_�aM]\aNPVN�ZN�aTZ�RcN^Yi`\bZ�

DaTZ�3ULZN�� R�Qj\�]N^JXXTXN�YKaf]NYR�]\XVaVWK_�]N^RYOJ`RV_�a\b�B^fUb�]\b^P\j�PVN�ZN�N`WTU\jZ�]VK`RV_�`aTZE\b^WMN�WNV�YR�aTZ�RZNPkZVN�]^\`]JURVNZN�QTYV\b^PTU\jZ�ZKR_�Q\YK_�cVX\[RZMN_�T�WbOK^ZT`T�R]VdRV^RM�ZN�[R]R^J`RV�aNRY]iQVN�]\b�Kd\bZ�LQT�QTYV\b^PTURM� aN]^kaN��f^N�aT_�RcN^Y\PL_�aT_� bYcfZMN_77�)�.PWb^N_�PVN�a\�]^\`cbPVWi�

9�`bYcfZMN�77�)�E\b^WMN_�LQT�]N�^\b`VJSRV�]^\OXLYNaN�`aTZ�RcN^Y\PLaT_��YR�aTZ�WbOK^ZT`T�ZN�RYcNZMSRaNV]^\OXTYNaV`YKZT��A�B^fUb]\b^Pi_�NZN�YKZRaNV�ZN�NZNXJORV�]^fa\O\bXMR_� R�NZk�aNa\�]\XVaVWi�R]M]RQ\��k`aR�ZN�RbUbP^NY�YV`aRM�T�E\b^WMN�YR�aT�`bYcfZMN��RZk�TWbOK^ZT`T�SLaT`R�aTZ�]N^KYON`T�a\b�RV�QVW\j� bZa\ZV`aL�aT_�<\YV`ViZ�PVN�a\�]^\�`cbPVWi��>J^aVZ�GR^OKV��9�WMZT`T�NbaLW^MUTWR�NZNPWNMN�WNUk_�WNV� LYR^N�b]L^�[NZ�]N^JZ\YR_�NcM[RV_�]^\`cjPfZ�WNV�YR�aNZN`akZ��]N^J�aT�`bYcfZMN�aT_�BN^N�`WRbL_�

EV_�NYK`f_�R]iYRZR_�TYK^R_�NZNYKZ\ZaNVWNV�]^fa\O\bXMR_�a\b�3XK[T�E`M]^N�YRW\^bcNM\b_�]N^JP\ZaR_�aT_�7b^f]NgWL_/Zf`T_��RZk�UN�b]J^[RV�R]VW\VZfZMN�ai`\YR�a\Z�]^iRQ^\�aT_�<\YV`ViZ�i`\�WNV�YRaT�5R^YNZMQN�<NPWRXJ V\��k`aR�ZN�N`WTU\jZ]VK`RV_�`aTZ�.PWb^N�

Da\�YRaN[j��[RWMZT`R�T�QVNQVWN`MN�NZ�aNXXNPL_� bZQK`YfZ�]N^NaT^TakZ�YRaN[jaT_�7XXJQN_�WNV�aT_�E\b^WMN_��3]i�aTPRVa\ZVWL�dk^N�K^d\ZaNV� bZ\XVWJ� �W^N�

aVW\M�b]JXXTX\V�aT_�F]T^R`MN_�>RaNZJ�`aRb`T_�aT_�PRMa\Z\_��\V�\]\M\V�`jYcfZNYR�a\�N^dTPRM\�aT_�7=�3D�QRZ�RMZNV�N`ab�Z\YVW\M��WNUk_�T� bPWRW^VYKZT�b]T^R`MN`aTZ�E\b^WMN�QRZ�N]\aRXRMaNV�N]i�RZ`ai�X\b_�

���*2$.).*�3+��(���(!-�%�(���(�'��!%�*2-)�).'�!+�,!��(5-�-))'%-%&3�!�! )��5,-!�(��!.$.�*���%,-!��#��).*&����!�-#�,.�/2(���

3ZNXbaVWJ��\V�E\j^W\V� jZQR`Y\V�N`ab�Z\YVWkZ�WNUTWiZafZ�a\]\URa\jZaNV���`aTZ�HM\����`aTZ�=K`O\�� �`aTZ�DJY\���`aTZ�=K^\�WNV��� aTZ�<f��3]i�aTZ�7XXJQN�`R�]^kaT�cJ`T��cRjP\bZ� �N`abZ\YVW\M�N]i�aTZ�NZaM`a\VdT�b]T^R`MN�aT_�7XXTZVWL_3`abZ\YMN_��:N�a\]\URaTU\jZ�\V��� a\�6V�WRXM�N]KZNZaV�N]i�aTZ�=K`O\�WNV�\V�JXX\V�`a\Z�E`R`YK�N]KZNZaV�N]i�aTZ�HM\�

BN^JXXTXN��T�<\YV`ViZ�ORONMf`R�]f_YKd^V�aV_���>N^aM\b�UN�Kd\bZ�N]\`aNXRM������R[RVQVWRbYKZ\V�b]JXXTX\V�]\b�UNR]VOXK]\bZ�aT�QVNQVWN`MN�WNaNP^NcL_�afZ]^\`cjPfZ�WNV�YRaNZN`akZ� aN�ZT`VJ��5VNaV_�R]VdRV^L`RV_�R]NZN]^\kUT`T_� dRQVJ�SRaNV�ZN�N]\`aNX\jZ� aTZ�7XXJQN� ��R]V�]XK\Z�RVQVW\M�N]i�aT��!��#�%�WNV�� ��N`abZ\YVW\M�

EN�]^JPYNaN�RMZNV�]\Xj�Si^VWN�PVNRYJ_�PVNaM�\V�E\j^W\V�QRZ�QRMdZ\bZ�QVNaR�URVYKZ\V�ZN�RcN^Yi`\bZ�NbaJ�PVN�aN�\]\MN`bYckZT`NZ�YR�a\(�NSTYMfa\�ORONMf_�3baL�RMZNV�T� WXT^L�]^NPYNaVWiaTaN��<N�ZKZN_�QRZ�Y]\^RM�ZN�KdRV�RY]V`a\`jZT`a\b_�E\j^W\b_(

�� ����� �������� �����������

* -�./.64<9-�9;4��7:5/33=4� bPW^\a\jZON^j� J]V`YN� aTZ�7b^k]T�aT_�]N�^NWYL_��a\b�YTQRZV Y\j��aT_�bXV aVWL_

RbSfMN_��afZ�N]\ZRW^fYKZfZ�N[VkZ�SfL_��EN�]NVQVJ�a\b�V`XNY\cN`V`Y\j�]\b�NZ�

Q^kUTWNZ� aN�]\Xb]\XVaV`YVWJ�PWKa\�aT_6j`Rf_��]\aV`YKZN�N]i�YM`\_�]\b�a\b_RY]ZKRV�a\�aSVdNZaVWi�;`XJY��abcXfYKZNN]i�]N^NV`UT`V\PiZN�YVN_�]M`aT_�]\bQVNWT^j``RV�RNbaLZ�V`db^iaR^T�]N`kZ�UN�`W\akZ\bZ�WNV�UN�^TYJS\bZ�YKd^V�T7b^k]T�ZN�NZNWaL`RV�aV_�dNYKZR_�N[MR_a\b�]\XVaV`Y\j�aT_�

���).*&���,�(�2+�.)�*��/!%�,.�/2(�!+���*(!�-�%��0�!%�3(2+�(��,.(.)�*�1!%�-#��%!$(���4���,#�-).� %&��).-#+�$�'�,,�+����%�3-�(�.)�*�1!%��-)�&�(!%��%��(��#(�-%+�!/�*�3,!%������*�� !����-���!%*��

?N�`aNYNaL`\bZ�AY]JYN��B\jaVZ�WNV>K^WRX�a\�Q^JYN�aT_�Db^MN_��>]\^\jZ��EiaRUN�Pb^M`\bZ�\V�]^i`cbPR_�`aN�`]MaVN�a\b_WNV�UN�PXbak`\bYR�N]i�aTZ�YRaJ`aN`T�WNVaT�QVNVkZV`T�a\b�Q^JYNa\_��RYRM_�]^faM`af_]\b�]XT^kZ\bYR�a\�YJ^YN^\�WNV�\V�7b^f]NM\V]N^iaV��]\V\jZ�aTZ�ZL``NZ��;Q\j�a\�&QK\Z'NbaL_�aT_�k^N_�

3]iP\Z\V�T^kfZ�NQbZNa\jYR�ZN�`bX�XJO\bYR�aT�QjZNYT�aT_�ebdL_�RWRMZfZ]\b�R]NZN`aJaT`NZ� aN���RZNZaM\Z�a\bOJ^ON^\b�WNaNWaTaL�WNV�P\ZJaV`NZ�aTZV`db^iaR^T�aiaR�Nba\W^Na\^MN�aT_�7b^N`MN_�aTZ�AUfYNZVWL�

A�R]NZN`aNaTYKZ\_�aiaR�7XXTZV`Yi_]JXReR�NZKZQ\aN�RZNZaM\Z�a\b�]^\NVkZV\bRdU^\j�a\b�WNV�aT_�NZMR^T_�;R^J_�DbYYNdMN_]\b�\�D\XfYi_�`bPWRcNXNMf`R�

������� ��"��������#���# ��!������#���� ���)���

������ ������������%��( ���� �"�$"'%(����)����

�7XRjUR^\V�B\XV\^WTYKZ\V��DdRQMN�`YN�4�� ��

A�<NSNZaSJWT_� bZieV`R�a\�UNjYN�aT_

BNXVPPRZR`MN_��&9�]V\� a\VdRVkQT_�X\PVWLNZaV`aJUTWR� aTZ�JPVN�a\jaT�]N^Nc^\`jZT�Bk_�YVN�c\jdaN�JZU^f]\V�[N^YJafa\V�]RVZN`YKZ\V��NZ\^PJZfa\V�YK`N� R�YVN�7b�^k]T�Xb``NXKN�NZaVQ^N`aVWL��Y]i^R`NZZN� TWk`\bZ�WRcJXV�WNV�ZN�RX]M`\bZ�RXRb�UR^MN�'�

>L]f_�JXXN[R�aJdNaR_�T�7b^k]T�WNVN]i�Xb``NXKN�NZaVQ^N`aVWL��KPVZR��idV�OK�ONVN�]N^Jc\^N��NXXJ� a\VdRVfQk_�cVXVWL�3XX\MY\Z\(

9�QVNOiTaT�DbYcfZMN�afZ�4^b[RXXkZRMZNV���%��� �!���#����ZiY\_�]\b�T�]N^JON`La\b�QRZ�`bZR]JPRaNV�WNYYVJ�Wj^f`T�PVNa\b_�]N^NOJaR_�

8\jYR�YL]f_�a\�aKX\_�aT_�7b^fRZf�`VNWL_�Aba\]MN_��3cR^KPPbN�T�]^i`cNaTDbYcfZMN��AV�]X\j`V\V�aT_�7b^k]T_�K`aRV�XNZ�a\Z�X\PN^VN`Yi� aTZ�]afdRbYKZT�7X�XJQN�

7XXRVYYNaVW\j�QVNYRa^LYNa\_�Rb^f]NgWK_TPR`MR_�QRZ� bZRVQTa\]\MT`NZ�aV_�QVN`aJ`RV_a\b�]^\OXLYNa\_��L�cNZaJ aTWNZ�iaV�Y]\^\jZZN�a\�N]fUL`\bZ�YNW^VJ�N]i�aTZ�NbXL�a\b_�:N�a\�O^\bZ�Y]^\`aJ�a\b_��9�7b^k]T�afZ\^NYJafZ�N]KdRV�KaT�cfai_(�8\jYR�aTZ7b^k]T�aT_�QVJXb`T_��WNV�N_�YTZ�a\�Y\X\�PJYR��

9�E\b^WMN� ]NZMf_�b]\P^JcRV� bYcf�ZMR_��3^ZRMaNV�]�d��R]VYiZf_�ZN�`bZb]\�P^JeRV�aT�6VRUZL�DjYON`T�a\b�QVWNM\baT_�UJXN``N_��<NV�iaNZ�b]\P^JeRV��a\WJZRV�PVN�ZN�YTZ�aV_�RcN^Yi`RV��EN�]N^N�QRMPYNaN�J]RV^N��

2`\V�Kd\bZ�`a\VdRVkQT�R]MPZf`T�afZ`bYONVZiZafZ�PZf^MS\bZ�iaV�T�N]\WNX\j�YRZT�]^\`cbPVWL�W^M`T�RMZNV�WNUN^JE\b^WVWi�DdKQV\��

5V-�Nbai��]^VZ�NXKWa\^N�cfZL`NV��\�ZR�\\UfYNZi_�QV]XN`MN`R�aV_�^\K_�i]f_�JX�Xf`aR�WNV�aV_�]N^NOVJ`RV_��6RZ�`WKcaTWR\�]^fUb]\b^Pi_�ZN�N[Vk`RV�aTZ�WNa-�RbURMNZN]i�E\b^WMN�]^\_�7b^k]T�YRaNWMZT`T]^\`cjPfZ�YR�a`J^aR^��:N�LaNZ�YVN�WNa,N^dLZ�Xj`T�

9�DbYcfZMN�Z\YVY\]\VRM�a\b_�RPWXTYNaMR_QVNWVZTaK_�]\b�Y\V^JS\ZaNV�YR�a\�a\b^WVWiW^Ja\_�aV_�NVYNaT^K_�\VW\Z\YMR_�afZ�Qb�`abdV`YKZfZ��

DaTZ�W M VYT�DjZ\Q\�QRZ�NW\j aTWR�f ai`\WNYMN�cfZL�PVN�aTZ�NZJPWT�JYR`\b�aR^YN�aV Y\j�a\b� b^VNW\j�Q^JYNa\_��3]\X\PV`Yi_a\b����������ZRW^\M���� �������]^i`cbPR_�

�������]\XV\^WTYKZ\V������������R`faR VWJRWa\]V`YKZ\V���� �������N]\S\jZ�N]i�NZ�U^f]V`aVWL�O\LURVN��

A�7^Za\PJZ�]^faNPfZV`aRM� aTZ� b^VNWLa^NPfQMN��2`\�]JZaf_�NbaL�`bZRdMSRaNV�a\�]^\`cbPVWi�UN�YRaR[RXVdURM� R�WN^WMZfYNPVN�aTZ�7�7��6VWi�aT_�a\�]^iOXTYN��LURXKaN�WNV�K]NUK�aN��3XXJ�\�RPWXfOV`Yi_N]^\`QVi^V`a\b�N^VUY\j� aTZ�7XXJQN�afZYZTY\ZMfZ�RMZNV�YVN�JXXT�N]R^MP^N]aT�T�QVWL�YN_�a^NPfQMN��B\V\_�UN�a\b_�U^KeRV�]\V\_�UN�a\b_�Z\`TXRj`RV��]k_�UN�RXKP[RVaTZ�NZN]icRbWaT�]N^NONaVWiaTaJ�a\b_��

A�E\j^W\_�NZNPZf^M`UTWR�V`iaVY\_�WNV`a^NaTPVWi_�RaNM^\_�aT_�7�7��7b^k]T�a\YRPNXRM\�`\b�ON`MXRYN�QRZ�KdRV(

7V`]^JaaRV�]NWafXi�Rb^fd^LYNa\_��3b�a\M�]\b�[KYRVZNZ�WNV�i`\V�a\b_�NW\X\bU\jZRMZNV�NZR]VUjYTa\V�]NZa\j��3]\UTWRj\ZaNVRQk��6VWi�a\b_�WNV�QVWi�YN_�Q^JYN�

EN�YiZN�NZ\VdaJ�`jZ\^N�]VN�RMZNV�aNRXXTZVWJ��F]J^dRV�T�NZU^f]V`aVWL�]XRb^Ja\b�]^\`cbPVW\j�WNV�\�XNi_�YN_�aTZ�aMYT`R�9�PRf]\XVaVWL�iYf_�ieT�a\b�]^\OXLYNa\_Nc\^J�aTZ�RUZVWL�YN_�N`cJXRVN�WNV�b]i�`aN`T��E\�`WKca\ZaNV�\V�WbOR^ZkZaR_�

?N�N]\W^\j`\YR�a\� NQV`aVWi�]NVdZMQVaT_�E\b^WMN_�]\b�N]R^PJSRaNV�aTZ�WNaN�`a^\cL�YN_��2�aV�QRZ�WNaJcR^R�\�AUfYN�ZV`Yi_�`aN� ���d^iZVN�aT_�Q\bXRMN_�a\R]VdRV^RM�\�ZR\\UfYNZV`Yi_�YR�YRaNY\Z�aK^ZN�aRdZVWL��2X\V�KWXRV`NZ�aN�`jZ\^Ja\b_��iX\V�]XTZ�aT_�7XXJQ\_�

3Z�\�3dYKa�LaNZ�iZaf_�cMX\_�a\b�3XK[T�icRVXR�ZN�a\b�YJURV�aTZ�`\ciaR^T�N]ii`R_�a\b^WVWK_�]N^\VYMR_�PZf^MS\bYR�NbaLZ�RQk��&GVXJYR�aN�]iQVN�RWRMZ\b�]\bQRZ�`WjORV�a\�WRcJXV'��A�R`aM�YRUR^YT�ZRbiYRZ\Z��RWRMZ\Z�]\b�`WjORV�a\Z�]\Q\�]NaJYR(�3XX\MY\Zi�YN_�

>K^R_�7UZRPR^`MN_�ZN�R]VORONVk`\bYRa\b_�7UZRPK^aR_��

��������� ��'�������&#%�������#��� �"�# �������# �����)��# �$����*��"�������"����� ����������#&�����$)!����

�<JXO\_��EN�9cNM`aVN�

� �*�" %( ��&���#�"�(��$� &'.��'%(�

��#%!'�* !�(��$���$$�)�(

�%��)4*&)%�/%'�(!�-��3 %��3)%).� !(�,&4�!%�-)�&!/�'%��� )*�#!&+ '�'� �$�#�

��(�(�+� !(��)*!��(���0!%�!�%,-),4(#�,-).+��)4*&).+

� � �!�%%��'�'��!�%%�

' 6336,�/,4-1�-:96,�]\b�V`db^MS\ZaNViaV�PVN�aT� TYR^VZL�\VW\Z\YVWL�W^M�`T�RbUjZRaNV�YiZ\�T�OMNVT�WNV�RZ

]\XX\M_�JQVWT�QTY\`V\Z\YVWL�]^\`N^Y\PLNPZ\kZaN_�Ka`V�a\�XNgWV`Yi�afZ�]\XVaVWkZYN_�\V�\]\M\V�N^Z\jZaNV�ZN�WJZ\bZ�aV_�NZN�PWNMR_�QVN^U^faVWK_�NXXNPK_�WNV�ZN�WNX�XVR^PL`\bZ�KZN�bPVK_�R]RZQbaVWi�]R VOJXX\Z�5VN�aT� TYR^VZL�iYf_�W^M`T��caNMZR�J^NPRYiZ\�\V�]\XVaVW\M�YN_��

+�'�3+��0).�!�&�''%!*��,!%����(),#*��)%&)()�%&��&�%�&)%�(2(%&��&).'-)4*��� ')%�$��').�!�(��!���,-!����/!(-%&���� #�3,%)%�.�''#')%��

Gb`VWJ�idV��7XRjUR^\V�R]NPPRXYNaMR_�QVWTPi^\V��YTdNZVW\M��PVNa^\M��N^dVaKWa\ZR_�WNaN`WRbN`aK_��bQ^NbXVW\M�WNV�iaV�JXX\df^JRV�\��Z\b�`N_�WX]���`dRQiZ�]\aK�QRZR[KQVQNZ�WNYMN�N]iQRV[T�]XT^fYL_��AV]R^V``iaR^\V�YVW^\YNPNSJa\^R_�WNV�R]V�dRV^TYNaMR_�N]\cRjP\bZ�aTZ�KWQ\`T�N]\�QRM[RfZ��i]f_�\�QVJO\X\_�a\�XVOJZV��AV�a^N�]RSMaR_�Y\M^NSNZ�aV_�WNaNUK`RV_�YN_�WNaJa\�Q\W\jZ�WNV�\V�]XRM`a\V�afZ�WNaNURakZaV_�N]K`b^NZ�WNV�aV_�K`aRVXNZ� a\�R[faR^VWiWNV�ak^N�QVNYN^aj^\ZaNV�PVN�aN��� �#�����#!��"�WNV�cb`VWJ�i]\VN�RaNV^RMN�KdRVb]\`aRM�c\^\X\PVWi�KXRPd\��PZf^MSRV�aV� T�YNMZRV�Rc\^VNWi_�RXRPWaL_��5VN�QVWNV\`jZT�3_�YTZ�YVXL`\bYR�PVNaM�UN�LY\bZ�NZNP�WN`YKZ\_�ZN�]f�iaV�T�]\XR\Q\YMN�fd^VJY]^\`aJ�aT_��3]i�aTZ�JXXT(�7WQiaR_�YRQNZRVWJ�WNV�NPj^V`aN�PVN�ZN�]^\`aNaRj`\bZaV_�WbOR^ZL`RV_�afZ�`bYcR^iZafZ�a\b_�]XTUk^N� bZaN[V\jdfZ� aN� N^JZaN�a\b_WNV�N]i�W\ZaJ�������YR�NZN]T^VWL� jZ�aN[T��

E\� ���afZ�c\^\X\P\bYKZfZ��\V�YV`\M/XXTZR_�QTXNQL��QTXkZ\bZ�RV`iQTYN�XV�PiaR^\�N]i� �����Rb^k�a\�d^iZ\�WNV�YJXV`aN���RWNa\YYj^VN�c\^\X\P\jYRZ\V�QRZQTXkZ\bZ�RV`iQTYN�\jaR�KZN�Rb^k�a\�d^iZ\�<J]\V\V�YJXV`aN�R[�NbakZ�afZ�&cafdkZ'�QLXfZNZ�a\���RV`iQTYN�������Rb^k�NXXJ�NPi^NSNZ�WN^JOVN�N[MN_�RWNa\YYb�^MfZ����DaT�dk^N�YN_�R^PJS\ZaNV� �����RXRjUR^\V�R]NPPRXYNaMR_�i]f_�RMZNV�\V�PVN�a^\M��\V�QVWTPi^\V��\V�bQ^NbXVW\M��\V�YT�dNZVW\M(�]\b�R^PJS\ZaNV�YR�QRXaM\�]N^\dL_b]T^R`VkZ��\V��������R[�NbakZ�QTXkZ\bZRaL`V\�RV`iQTYN�dNYTXiaR^\�afZ������Rb^k��<NV���������NP^iaR_�]\b�KWXRV`NZa\b_�Q^iY\b_��QRZ�]XT^kZ\bZ�\jaR�WNZ

aV_�RV`c\^K_�a\b�A53�E\� NU^i�YN_�W^Ja\_��QTYV\j^PTYN� \b�

`cRa\XiPfZ�]\XVaVWkZ��RMZNV�NZMWNZ\�ZNWNaN`aRMXRV�a\Z�]N^JZ\Y\�aSiP\�]\b�RMZNVaT_�aJ[Rf_�afZ���QV_�RaT`Mf_�WNV�a\�XNU^RY�]i^V\�WN]Z\j�WNV�]Ra^RXNM\b�]\b�[R]R^ZJaN��QV_�RaT`Mf_��6RZ�d^RVJSRaNV�cb`VWJ�ZNNZNcR^U\jYR�`aN�QV_�]\b�c\^\WXK]a\bZ\V�RXRjUR^\V�R]NPPRXYNaMR_�WNV�\V�R]VdRV�^TYNaMR_��B\b�WNV�YiZ\�a\� ���aT_�c\^\�WX\]L_�NZ�Y]\^\j`R�ZN�RV ]^J[RV�a\�QTYi V\QRZ�UN�RMdNYR�NZJPWT�YZTY\ZMfZ�

<NV�RZk� bYONMZ\bZ�iXN�NbaJ� aT�dk^NYN_�Kd\bYR�WNV�WJ]\V\b_�QLURZ� \ON^\j_\VW\Z\Y\XiP\b_�WNV�UXVOR^\j_�XNgWMS\ZaR_QTY\`V\P^Jc\b_�]\b�`bZf`aMS\ZaNV�`aN]N^JUb^N�afZ�WNZNXVkZ�WNV�R]V^^M]a\bZRbUjZR_�PVN�a\�`TYR^VZi�YN_�WNaJZaTYN`a\�Rb^k�� aTZ�77�� a\� WXT^i�6?E�� aTZWbOK^ZT`T��]\b�cb`VWJ�KdRV�RbUjZT��WNV`a\Z�DiVY]XR��AjaR�WNZ�QVNZ\\jZaNV�iaV�TYiZT�WNV�N]\Xjaf_�b]RjUbZT�RMZNV�T�J^�^f`aT�Z\\a^\]MN�YN_�WNV�\V�R]VX\PK_�afZ]\XVaVWkZ�]\b�WJZ\bYR�YR�PZkY\ZN�aV_VQR\XTeMR_�YN_�WNV�aN�]^\`Q\WkYRZN� \b�`cKaVN��6b`abdk_�aM]\aR�QRZ�]^iWRVaNV�ZNNXXJ[RV�NZ�QRZ�NXXJ[\bYR�Z\\a^\]MN��

I_�XNi_�Kd\bYR�WNXXVR^PL`RV�YMN�Z\`T^L\VW\Z\YVWL�WNV�W\VZfZVWL�W\bXa\j^N��2X\VUKX\bYR�ZN�RMYN`aR�L�NcRZaVWJ�L�QTYi`V\Vb]JXXTX\V��

GUJ`NYR� a\� TYRM\�a\�����afZ�RXXT�ZVWkZ�R]VdRV^L`RfZ�ZN�N]N`d\X\jZ�N]i���Ja\YN�WNV�PVN�WJUR���/XXTZR_�ZNNZaV`a\VdRM�KZN�WNaJ`aTYN�XVNZVW\j�RY�]\^M\b��RZk� aTZ�3YR^VWL�]�d��T�NZaV`a\VdMNRMZNV�KZN�WNaJ`aTYN�PVN�WJUR����WNa\M�W\b_��5VN� bPdfZRj`RV_�R]VdRV^L`RfZ�WNV]\XVaVWkZ�W\YYJafZ�]\b�RMZNV�T�Y\ZNQVWLQVK[\Q\_�aT_�dk^N_�N]i�aTZ�W^M`T��W\bOKZaNQRZ�NW\jPRaNV��1`N�M`N��R[NW\X\bU\jZ�ZNNWYJS\bZ�WiYYNaN�]\b�\V�N^dTP\M�a\b_]V`aRj\bZ�iaV�\�=KZVZ�WNV�\�>\b`\XMZV�RMZNVNWiYT�SfZaNZ\M�

/a`V�QRZ�Kd\bYR�WNaNcK^RV�ZN�QTYV\b^�PL`\bYR�NZaNPfZV`aVWK_�RaNV^RMR_�\V�\]\MR_UN�RWYRaNXXRj\ZaNV�aV_�\VW\Z\YMR_�WXMYNWN_��

6b`abdk_��Kd\bYR�O\baTdaRM�`aTZ�\V�W\Z\YVWL��]\XVaVWL�WNV�W\VZfZVWL�]N^NWYLNXXJ�WNV�`aTZ�NZN[V\]V`aMN��<J]\b�`aTZ]\^RMN�dJ`NYR�aT�QTYV\b^PVWiaTaJ�YN_WNV�f_�KZ\d\V�URNaK_��]N^NW\X\bU\jYR�aTUXVOR^L�QVNdRM^V`T�aT_�YVSK^VN_�YN_�N]iNZMWNZ\b_�]\XVaVW\j_��]\b�YN_�K`b^NZ`a\�QVRUZL�R[RbaRXV`Yi��BN^,iXN�NbaJ�NZa\�URXL`\bYR�Y]\^\jYR�WNV�YiZ\V�YN_�ZNOP\jYR�N]i�aTZ�W^M`T�

����/"%(���&���*%(���$� ��& !% $-$ %".�%(

�)*)4�!�&�%��3()%���+���� '�+#&+�'�'���*&+

4615/�2-1�/�,80�-�a\�6VNd^\ZVWi�>\b�`RM\�aT_�3^KU\b`N_� aTZ�HNXWMQN(E\�����a\�<RZa^VWi�3^dNV\X\PVWi

DbYO\jXV\�dN^NWaL^V`R�a\�]NXNVi�\VZ\�]ZRbYNa\]\VRM\�&3^KU\b`N'�f_�K^P\�aKdZT_]\b�d^RVJSRaNV�&RVQVWL�]^\`aN`MN'��(��d^iZVN�N^PiaR^N�WNV���d^iZVN�N]i�aTZb]\P^NcL�aT_� bYOJ`Rf_�N[V\]\VL`Rf_(JZ\V[R��<NV�LaNZ�N]N^NMaTa\��PVN�YVN�]R�^V\dL��`NZ�aTZ�7jO\VN��ZN�KdRV�KZN�aKa\V\Y\b`RM\��Nc\j�KdRV�NZU^k]VZT�WNa\MWT`TWNV�]\XVaV`Yi�RQk�WNV�������d^iZVN(�3^WRM�ZN�a\�Q\jYR�WJ]\b�Nbai�ZN�NZN�cK^RaNV�(�Da\�NZNWNVZV`YKZ\�OV\YTdNZVWiWaL^V\�Kd\bZ�]^\`aRURM�N]\ULWR_��R^PN�`aL^VN�`bZaT^L`Rf_��P^NcRMN��URNa^JWV�PVN�RZTYK^f`T�afZ�R]V`WR]akZ(�3ZNYKZRaNVR[\]XV`Yi_��$�#������(�B^iWRVaNV�PVNa\�]^ka\� jPd^\Z\�Y\b`RM\� aTZ�7jO\VN�:N�\X\WXT^fURM�a\�����:N�cVX\[RZRMN^dNV\X\PVW\j_�UT`Nb^\j_�iXT_�aT_�7b�O\MN_��WNV�aT_�DWj^\b���:N�]R^VXNYOJZRV]R^V``iaR^R_�d^\Z\X\PVWK_�]R^ViQ\b_�N]ia\�3^dNV\X\PVWi�aT_�HNXWMQ\_��0QT�Y]\^RMZN�UNbYJ`RV�WNZRM_�WNV�a\�JPNXYN�a\b�B\�`RVQkZ\_��a\b�\b�NV��]�H����]\b�RWaMURaNVPVN�]^kaT�c\^J��i]f_�NZN`j^UTWR�N]iaN�ZR^J�a\b�7b^M]\b��.XXf`aR�`aV_�QMZR_afZ�ZR^kZ�a\b�7b^M]\b� a^\OVXM`UTWNZ�\B\`RVQkZ�WNV�T�ZjYcT�3^KU\b`N��AV�<^LaR_<\b^LaR_��VQ^baK_�aT_�HNXWMQ\_��WNV�T`bZa\]MaV``N�ZjYcT�a\b_��3^Ra\j`N��Kd\bZ]\XXJ�ZN�QVTPTU\jZ�RQk(�3^WRM�WNZRM_ZN�WNaNXJORV�aTZ�>bU\X\PMN�YN_���E\�Y\b�`RM\�UN�RMZNV�NZ\VWai�WJUR�BKY]aT�������� �����

���� ���� ��� ������7@3;C7E;<A�3XXJi`R_�c\^K_� bSLaT`N�YR�WJ]\V\Z�HNXWVQK\PVN�a\� bPWRW^VYKZ\�K^P\��a\� bY]K^N`YNLaNZ�]JZaN�a\�MQV\��F]K^\dT�T�N]\WNaJ�`aN`V_�a\b�]NXNV\j�OV\YTdNZVW\j�WaT^M\b�NXXJ�a^\YR^J�N]\P\TaRbaVWL�T�]^\`ULWTa\b�ZK\b��<NV�NZN]icRbWa\�a\�R^kaTYN��&0aNZ�NZJPWT�'(

0aNZ�NZJPWT�ZN�PMZRV�NbaL�T�]^\`ULWT�A�&QVJX\P\_'�a\b�]NXNV\j�YR�a\�WNVZ\j^�PV\(�UN�KXRPNZ��M`f_��WJ]\V\V�iaV�RMZNVR]VUbYTai_��B\Vi_�QVJX\P\_�iYf_��iaNZWNaJ�OJ`VZ�Wb^VN^dRM�\�&Y\ZiX\P\_'�a\bWNVZ\j^PV\b��WNV� bZLUf_�df^M_�NV`UTaVWL�<V�N_�YTZ�]JYR�YNW^VJ(�Da\�OJU\_�OXK�]\bYR�aTZ�NV`UTaVWL�a\b�ZK\b�WaT^M\b�a\b

<E7=��B^\KWbeR�YRaJ�a\Z�NcNZV`Yi�RZi_JXX\b�R[NV^RaVW\j�OV\YTdNZVW\j�WaT^M\b�a\b�WaT^M\b�<VN]KW\b(

�'�$!%���3,#� .,-)&���,-)����)'%-%,�)4��%���%���3/��,#�).��%���''!+�05*!+��).,��)(-�%��*),-�-!4).(�&�%�(� !%&(4).(�-)(�)'%-%,�3-).+��/�(-�"!%��.-)(3#-#�

3XXJ�N_�]JYR�WNV�]V\�YNW^VJ��&2XT�T]iXV_�aT_�HNXWMQ\_�WNaNWXjSRaNV�N]i�a\Z&Y\ZiX\P\'�a\b�WNW\j�WNVZ\j^PV\b'��YN_XKRV�T�a\]\P^Jc\_�YTdNZVWi_�<NaR^MZNBN]]J��&BXLU\_�N[ViX\PfZ�WaT^MfZ�aT_]\XVaV`aVWL_�YN_�WXT^\Z\YVJ_�KdRV�N]f�XR`URM��ETZ�UK`T�a\b_�Kd\bZ�]J^RV�\PWkQTJY\^cN�WaL^VN��df^M_�NZU^k]VZ\�YKa^\�N^Y\ZMN�L�NV`UTaVWL��HN^NWaT^V`aVWi_RMZNV�\�N^VUYi_�afZ�WT^bPYKZfZ�ZRkaR^fZYZTYRMfZ�aT_�HNXWMQ\_�N]i�a\�b]�B\XV�aV`Y\j��>iXV_� ��a\������3^VUYi_�RZ�QRVWaVWJ�YVW^i_�WNV�NZNX\PVWJ�a^NPVWi_�XNYOJZ\ZaN_�b],�ieVZ�aTZ�]X\j`VN�ZRfaK^NV`a\^MN�aT_�HNXWMQ\_��NXXJ�NWiYT�WNV�a\�\Y\X\P\bYKZf_�idV�WNXi��]N^JQRVPYNJXXfZ�RXXTZVWkZ�]iXRfZ'�

3_�]\jYR�iYf_�iaV�&ZNV��LaNZ�NQL^VaTT�NZJPWT'�ZN�PMZRV�]^\`ULWT��6RZ�Y]\�^\j`NYR�QVNc\^RaVWJ�PVNaM�J^NPR����/]^R]RZN�PMZRV�NbaL��?N�]ZM[RV�ai`\�OJZNb`N�a\]NXNVi�OV\YTdNZVWi�WaL^V\�aT_�&3^KU\b�`N_'��ZN�YTZ� RON`aRM�\jaR�a\Z�&]R^VOJXX\ZaNdk^\�a\b�YZTYRM\b'�WNV�ZN�QR`]iSRV�ai`\N]RVXTaVWJ�`a\Z�dk^\�

&9�]M`f�ieV_�a\b�]NXNV\j�OV\YTdNZVW\jR[NcNZM`aTWR�aRXRMf_'�� TYRVkZRV�T�W��BN]�]J��&>VN�ieV_�UNbYJ`VN�]\b�YJXV`aN�N]\�XJYONZNZ�i`\V�KWNZNZ�a\Z�]R^M]Nai�a\b_`a\�*BJ^W\�a\b�XN\j+��NXXJ�WNV�i`\V�]N�^NW\X\bU\j`NZ�]N^N`aJ`RV_�a\b�]N^N�WRMYRZ\b�b]NVU^M\b�URJa^\b�*A^K`aT�>N�W^L+��3]\aRX\j`R�KZN�b]K^\d\�ciZa\�`WT�ZVWi�PVN�WJUR�]N^J`aN`T�]\b�QVZiaNZ�RWRM�<NZRM_�QRZ�cNZaJ`UTWR�iaV�\�6LY\_�UNY]\^\j`R�ZN�R]Va^KeRV�a\�`NY]\aJ^V`YNaT_�VQV\WaT`MN_�a\b�WNV�ZN�YTZ�N]\a^KeRVaTZ�b]\OJUYV`T�afZ�dk^fZ�a\b'�

F]J^d\bZ�\V�]^\aJ`RV_�]\b�RMdNZ�WN�aNaRURM�`aN�]XNM`VN�3^dVaRWa\ZVW\j�6VN�PfZV`Y\j��EV_�R]N^\b`MN`R�� R�]XLU\_�Wi�`Y\b��N^dVaKWafZ�WNaJ�aTZ�TYR^MQN�a\bE77�PVN�aN�4V\YTdNZVWJ�<aL^VN�aT_�7jO\VN_�������`aTZ�HNXWMQN���&7JZ�aV_�VQRMWNZRM_��XKRV�T�W��BN]]J��NZN^faVKaNV�

���>L]f_�LaNZ�NZaVWRVYRZVWJ�T�dRV^iaR^TR]VX\PL�

��>L]f_���������Rb^k��]^\h]\X\�PV`Yi_��QRZ�RMZNV�XMPN��PVN�KZN�K^P\�]\bYRPJX\�YK^\_�a\b�RMZNV�WNaJ�W\VZL�\Y\X\PMNR[NcNZV`aK\�

�� >L]f_�a\�ZK\�WaL^V\�ZN�PW^RYVSi�aNZ�(L��aKX\_�]JZafZ��&:JeaR�a\��?N�YTZa\�OXK]\bYR'��i]f_�RM]R�WJ]\V\_��A^UiaR^NObUM`aR�a\��VQ\j�]RQM\Z�Qi[T_�XNY]^i�PVNR]V`aTY\`jZR_�WNV�NWiYT�beTXiaR^\b_]^\h]\X\PV`Y\j_���WNUk_�aN�b]iPRVN�ZR^JRMZNV�JcU\ZN� a\Z�dk^\��AXiPb^N�JXXf`aRRb^M`W\ZaNV�WNV�\V�]TPK_�aT_�N^dNMN_�3^K�U\b`N_��Hk^\_�`R]ai_�WNV�VR^i_�]\b�UNK]^R]R�ZN�d^LSRV�JXXT_�NZaVYRaf]M`Rf_(

��>L]f_�WJ]\V\b_�N^dVaKWa\ZR_�`bZ�UKaR_�QVNW^MZRV�]R^V``i_�RPfWRZa^V`Yi_WNV�aNbaid^\ZN�RXXV]L_�VWNZiaTaN� RON`Y\jYZTYRMfZ�

��>L]f_�a\�F]��B\XVaV`Y\j�icRVXR�WNVY]\^\j`R�ZN�]^\`aNaKeRV�WNXjaR^N�KZNN]i�aN�RZN]\YRMZNZaN�YZTYRMN�YVN_�*WN�UTYNPYKZT_+�]\XVaV`aVWJ�HNXWMQ\_��]\bf`ai`\�QRMdZRV�ZN�Ncb]ZMSRaNV�WNV�ZN�`b�ZRVQTa\]\VRM�RPWXLYNaN�a\b�]N^RXUiZa\_�i]f_��X�d��PW^KYV`YN�]N^NUNXJ``VfZ�aRV�dkZ��[RZ\Q\dRM\b�*BNXM^^\VN+��WaT^M\b*?RMX\b+��W�J��]\XXkZ�]\XXkZ��

�� 3XLURVN(�]i`T�Qb`a\WMN�`a\�F]�B\XVaV`Y\j�PVN�YVN�N]icN`T�]\b�PVN�JXXR_dk^R_��]\b�`KO\ZaNV��]^\`aNaRj\bZ�WNVNZNQRVWZj\bZ�a\Z�]\XVaV`Yi�a\b_��cNZaJSRVNba\ZiTaT�

��>L]f_�ZN�NZT`bdL`\bYR�WNV�PVN�aTZ6TY\aVWL�3P\^J�HNXWMQ\_�(�YRPJX\�aYLYNaT_�\]\MN_�N]\aRXRM�YZTYRM\���RakZ�5VN�aTZ�6TY\aVWL�3P\^J�R]M`T_�]^\P^NY�YNaMSRaNV�*N^dVaRWa\ZVWi_�QVNPfZV`Yi_+�]R^Vaai_��QN]NZT^i_�WNV�d^\Z\Oi^\_��XKZR]\XX\M�('(

��� 0'�%(���!�!�(���$� �)+��'�,��(��������� �����

����������������������� � ��

����*),$�&#�!%,&%�"!%�-)��'�%3�3�)*/)�&-�*%)�-#+���'&� )+���� �!�(�&+�#�"�"�

Page 11: -5/21#%.%(05.,- 4* ˛ ˛ ˘ ˚ ˇ ˝ ˙ˆ ˇ ˛ ˆ ˜˝ ˆ˛ ˚ˆ˙˝ˆ ˝ ˘˘ ˚ ˛ˇ · ˚ ˘˘ ˜˝ ˙ ˛˜ˆ˝ ˇ%#$ # !&""# ˝ ˆ ˙ ˆ ˆˇ ˆ ˇ ˆ˘ ˇ %˚%’!˚#˛˝%˙˝

����� �������� ������ �������

�0�341#4)%+,:�,'.:�4)2��'.410#1+34'1�2

� � �� � ����

� ���"����*��VR_WfS[� PeS�efSWgckbSl\O�mcUS_S��=gck�bSl\Q�=b[fcabQ�\S[�=gck�

bSl\m�Ba[_aTan][a�� W�[eigcand�bSR\fWdSbm�fY�^[S�b]WgcO�fa�bS_faVn_S^a]m^b[�fYd�U_kefQd�efa_�SUcaf[\m�\me^aSbm�fa�WgcnfSfS�icYe[^aba[Y^P_a�X[�XS_[a\fm_a��(-' -)�S^Wc[\S_[\Qd�ba�]gWZ_[\Qd�WfS[cWRSd��('+�',(�\S[�SbmfY_�O]]Y�fa_�GSU\me^[a�FcUS_[e^mKUWRSd�� W�S[i^Q�fag�VmcSfad�fY_�<[WZ_QFcUO_keY�5cWg_Sd�U[S�fa_�BSc\R_a�bRek�Sbm�fa_�abaRa�Piag_�efa[iYZWReY^S_f[\Pd�bWc[TS]]a_f[\Pd�^Y�\g�TWc_Yf[\Pd�acUS_oeW[d�\SZod�\S[�VR\fgSU[S�fY_�bcaefSeRS�Sbm�fY�icQeY�Wb[�\R_Vg_k_�VcSef[\o_�age[o_�efS�hgfa�hOc^S\S��DQ]a�fYd�Pc[Vad�Y�icQeYfYd�VcSef[\Qd�ageRSd��&/)$(+�,!�efSV[OhacS�hgfahOc^S\S��mbkd�fa�VY�^ah[]Pd��(-' -)�fa�abaRa�SUacOXag^Wm]a[�S\m^Y�\S[�U[S�fagd�\Qbagd�^Sd\S[�f[d�^[\cPd�a[\me[fWd�\S]][PcUW[WdfYd�a[\aUP_W[Od�^Sd�

?�ehaVcQ�S_f[bScOZWeY�`W\R_YeWSbm�fY_�bcaebOZW[S�fYd�=gckbSl\Qd=b[fcabQd�_S�bWcOeW[��0_nifS1�\S[0\Ofk�Sbm�fY� nfY1�fk_�bWc[TS]]a_f[\o_acUS_oeWk_��P_S_�WhSc^aef[\m�\S_a�_[e^m��efY�eg_WVcRSeY�fYd�Sc^mV[SdDm_[^Yd�=b[fcabQd�U[S�fS�LgfO��fS>oS�\S[�fY�<[SfcahQ��efY_�abaRS�eg^�^WfPiag_�WZ_[\Pd�S_f[bcaekbWRWd�\S[W^bW[caU_o^a_Wd�fk_���ikco_� W]o_fYd�=gckbSl\Qd�5_keYd��ef[d� �\S[��DScfRag��J[�P]WUW�Sgfmd�a�WhSc^aef[\m\S_a_[e^md��mf[�0WU\cR_WfS[�Y�bScOfSeYicQeYd� fYd� VcSef[\Qd� ageRSd�&/)$(+�,!�U[S���icm_[S�S\m^Y��VY�]SVQ� Pic[�fa���1��BS[�ba[a�fa�\S\mSbm�SgfQ�fY_�0SZoS1�bScOfSeY� Pic[fa�����=^2�WVo�\cnTWfS[�a�V[OTa]ad�

eW�\Of[�VQZW_�0^[\cPd1�]Wbfa^PcW[Wd�Gcofa_��bRek�Sbm�fa�m]a�ZP^S�\cn�

TWfS[�a�gbWcWZ_[\md�Wb[iW[cY^Sf[\md\a]aeemd�efS�hgfahOc^S\S�\S[�O]]Sbcalm_fS�bag�]PUWfS[��('+�',(��BS[f[�WefR��('+�',(��mba[S�bPfcS�\S[�_SeY\oeWfW�efY_�UWkcU[\Q�\S[�SUcaf[\QbScSUkUQ�ZS�fY�TcWRfW�Sbm�\Ofk��=bR�eYd��WR_S[�U_kefo_�Wb[iW[cY^Sf[\o_eg^hWcm_fk_����BS[�U[S�_S�UR_W[�\SfS�_aYfm�fa� PUWZad�fk_�a[\a_a^[\o_�eg^�hWcm_fk_�Sc\WR�_S�S_ShPcag^W�mf[bPce[��fa�DOcf[a�fag�����VY^ae[Wn�ZY\W� RS�Wb[efY^a_[\Q�P\ZWeY�fYd�<[W�Z_and�FcUO_keYd�5cWg_Sd�U[S�fa_�BSc�\R_a���������bScS\]OV[�fYd�GSU\me [SdFcUO_keYd�KUWRSd��efY_�abaRS�V[Sb[�efo_WfS[�mf[�fa�#&/)$(+�,!�WR_S[�0b[ZS_od\Sc\[_aUm_a1��J[�PU[_W� WfO�Sbm�Sgfm�?�^WfaiQ�fYd��('+�',(�eY^WRkeWbfoeY�efa�icY^Sf[efQc[a�\SfO�����BS[�Sgfm�fa�WRbW� W�S_S\aR_keQ�fYd�Y�*!!'��!��!��bScOcfY^S�=]]OVad�Nefmea��fa�EaP^Tc[a�fag�[VRag�PfagdY�=gckbSl\Q�5_keY�U[S�fY�<[Sfcah[\Q9ehO]W[S��������VY^aeRWgeW�^W]PfY^W�S_fRZWfS�eg^bWcOe^SfS��F�bm]W^adWR_S[�a]a\]Yckf[\md�\S[�icYe[^aba[�an_fS[�m]S�fS�^PeS�

<WnfWca_��\cnTa_fS[� WUO]S�a[\a�_a^[\O�eg^hPca_fS�\a]aee[SRk_�WfS[�cW[o_�bag�VcSefYc[aba[an_fS[�efa_fa^PS�fk_�hgfahSc^O\k_��X[XS_[a\fm�_k_��S_f[T[af[\o_�\S[�O]]k_�bcalm_fk_0bcaefSeRSd�fk_�hgfo_�\S[�Xok_1��9gfOfS�eg^hPca_fS�Piag_�P_S�[eigcm�&(��/ef[d�:cg`P]]Wd�[\S_m��ba]]Pd�hacPd�_S�WbYcWOeW[�SbahOeW[d�efY_�=gck�bSl\Q�=b[fcabQ�\S[�ef[d�=Z_[\Pd�9_�f[bcaekbWRWd�

JcRfa_��gbOciW[� RS�bWcRWcUY�� g�ef[\Q��0SUcafa�eg_k^aeRS1�U[S�_S

W]WUiZWR�b]Qckd�Y�UWkcU[\Q�\S[�SUca�f[\Q�bScSUkUQ�\S[�_S�Sba\]W[efan_a[�W]WnZWca[�SUcmfWd�bag�S_Sbfneeag_bcmfgbWd�UWkcU[\Pd�\S]][PcUW[Wd�eWXo_Wd�W]WnZWcWd�Sbm�fY�icQeY�fk_�Wb[�\R_Vg_k_�hgfahSc^O\k_�\S[�X[XS_[a�\fm_k_��mbkd�U[S�bScOVW[U^S�a[�^W�eaUW[S\Pd�T[a]aU[\Pd�\S]][PcUW[Wd�\S[Y� WeaUW[S\Q�\fY_afcahRS��bag�fmeaPiag_�S_SbfgiZWR�efY_�BcQfY�\S[O]]Wd�bWc[aiPd�fYd�iocSd�^Sd��

�54��4#�35�6 10.4# 705.� .#�+3751:�����34+2��15/ --'2�+,#.:���0-�- 2�601 2��.#�'�)1'�3'+#�06�3'+2�34).��518�#9�,!���+410�!�,#+�34+2��*.+�, 2��.4+�1038�'"'2�

<W_�WR_S[�SZoWd�]a[bm_�a[�\[_QeW[def[d�:cg`P]]Wd�\S[�a�bm]W^ad�U[S�f[dVcSef[\Pd�ageRWd�bag�icYe[ aba[an_fS[efS�hgfahOc^S\S�mbkd�fa��&/)$(+�,!�

MScS\fYc[ef[\an�fag�[V[mfgbagSgfan�ba]P^ag�WR_S[�mf[�efY_�S_STa]QU[S�]QjY�SbmhSeYd�eiWf[\O�^W�fY_bScOfSeY�XkQd�efa��&/)$(+�,!� Pic[fa�����bckfaefOfYeW�Y�;S]]RS�W_oY�;Wc^S_RS�SbWRiW�fYd�m]Yd�V[SV[\S�eRSd��=bReYd�\S[�]mUk�fag�mf[�gba�]WR^^SfS�fag��&/)$(+�,!�Piag_�S_[�i_WgfWR�\S[�efY_� bncS��fa�VY^ah[]Pdbafm�fk_�;Wc^S_o_��UWc^S_[\Pd�bWc[�TS]]a_f[\Pd�acUS_oeW[d� SXR� W�O]]WdDBF�\SfPZWeS_�PUUcShY�V[S^ScfgcRS\S[�SRfY^S�_S�bcaikcQeW[�bWcS[fPckY�PcWg_S�bc[_�]YhZan_�ac[ef[\Pd�Sba�

hOeW[d��:]PbW[d��U[S�fagd�;Wc^S_and^Y_�fagd�bW[cO`W[d�fY�^bncS�fagd�fagd�PiW[d�SbP_S_fR�eag����

I3�Sgfm�fa_�0bm]W^a1�Y�=]]OVS�bagQfS_��GO_fkd�VW_�QfS_�efY_�bcofYUcS^^Q��=Vo�fa�en_ZY^S�0=]]Od��;S]]RSeg^^SiRS1�VW_�W[eS\anefY\W��B[�Pfe[W_o�a[�hR]a[�\S[�SVW]haR� Sd�a[�;O]]a[PV[_S_�fY_�^OiY�"*(',�&%'!��Y�WZ_[\Q^Sd�S_f[bcaekbWRS�WRiW�SbahSeReW[SbaiQ��Ig_fOiZY\W�efa�UWc^S_[\mefcSfmbWVa��;[SfR��\S_WRd�VW_�U_kcRXW[�Ga[a�&(��/�WbYcPSeW�fagd�\gTWc_Yf[�\and�^Sd�S`[k^Sfaniagd�OU_kefa�Nefmea��VW_�QfS_�fa�&(��/�fYd�BcQfYdShan�a[�BcYf[\aR�WR_S[�U_kefm_�mf[ZP]ag_�W_S]]S\f[\Q�T[a]aU[\Q�UWkcURS\S[�\fY_afcahRS��fY_�abaRS_�QVY�Piag_bcaOUW[�eW�eY^S_f[\m�TSZ^m�\S[�^WeY^S_f[\O�a[\a_a^[\O�khW]Q^SfS�U[SfY_�WZ_[\Q� Sd�a[\a_a RS��9d�W]bReag^Wmf[�^Pic[�fa�DOla�ZS�b_Wneag_�O]]a[O_W^a[�efS�\fRc[S�fk_�\gTWc_Yf[\o_^Sd�S`[k^Sfanik_����;[SfR�WR_S[�[eigcQY�ObajY�mf[�Y�==�VW_�ZS�bcPbW[�_S]OTW[�aba[SVQbafW�fW][\Q�SbmhSeYbc[_�_S�Piag_�\SZac[efWR�b]Qckd�a[Wb[bfoeW[d�U[S�fY_�gUWRS�\S[�fa�bWc[�TO]]a_�Sbm�fY_�P\ZWeY�efY�VcSef[\QageRS�#&/)$(+�,!��eg^bWc[]S^TS_a�^P_Yd�fYd�Vg_SfmfYfOd�fYd�_S�bca\S]WR\Sc\R_a�\S[�W_Va\c[_[\Q�V[SfOcS`Y�=b[b]Pa_��Y�==�ZS�bcPbW[�_S�SbSUa�cWneW[�S^Pekd�m]Wd�f[d�icQeW[d�fagbcalm_fad�#&/)$(+�,!��^Pic[�fk_�ac[�ef[\o_�eg^bWcSe^Ofk_��bag�Piag_�kdSbafP]We^S�fY_�P\ZWeY�fk_�ba][fo_fk_�WcUSXa^P_k_��WRfW�O^WeS�WRfW� Pekfk_�gba]W[^^Ofk_�efS�fcmh[^S�

���(�/%#& �����%�#/"�& ��"��$# �(�)(�&�(-"�����

�:-'�02�35�6'1:.48.�%+#�4#�65406�1�#,#�34).��518�#9,!��.83)�,#+�)��--�&#�#� 7'+�

���'1"�483)�4)2�&1#34+,!2�053"#2����� ����,#+�)�* 3)�48.�,5$'1.)4+,<.#/+8�#40;78.�34).��-#4'"#���*)2

��� ����������� ������

'���% #��!%�'���W]]Y_[\Q\S[�WgckbSl\Q�fSgfmica_S�efY�e\]YcQ�V[Oc\W[O�fYd�

^Sd�hPc_W[�S_f[^Pfkbagd�^W�P_STSe[\m�WcofY^S�� bacan^W�_S�XY�fO^W�icQ^SfS�U[S�\SfS_O]keY��VR�ikd�_S�Piag^W�QVY�bcafWR_W[�efY_SUacO�bcalm_fS�W]\gef[\O�\S[�S_�fSUk_[ef[\O��7ea[�]P_W�_S[�fa�\O_ag_U[SfR�ZWkcan_�mf[�WR_S[�0W`�ac[e^an1gbaicPkeY�fag�\cOfagd�\S[�fag<Y^aeRag�_S�efYcRXW[�fY_�9_Obfg`YcRi_a_fSd�efY_�SUacO�icQ^SfS��?bSU\me^[S�m^kd�\SfOefSeY�VW_�faWb[fcPbW[�b[S�U[SfR�efa�bSU\ae^[a�ba[Y^P_a�a[\a_a^[\m�bS[i_RV[� bQ�\S_�_Pa[�[eigcaR�S_fSUk_[efPd��a[S_Sbfgeem^W_Wd�iocWd�mbkd�BR_S�A_VRS��:cSX[]RS��bag�bSRc_ag_�m]a\S[�^WUS]nfWca�Sbm�m�f[�efa�bS�cW]Zm_��^WcRV[a�Sbm�fY�V[WZ_Q�a[�\a_a^RS��?�=gcobY�TcRe\WfS[�efY_\ScV[O�Sgfan�fag�bS[i_[V[an��V[mf[PiW[�bScOVaeY� W_�VY^me[ag�0bca�efSfWgf[e^an1��m^kd�VW_� bacWR�_Seg_WiReW[�Pfe[��U[SfR��ZS� WR_W[�efabWc[Zoc[a�VRikd�_S�bcafWR_W[�_PS�W]\gef[\O�bcalm_fS�

�'�#.4"*'3)��'�4).�-#9,"�34+,)�,#+��+,10�0-+4+,!'/!%)3)�48.��#1/+�34<.��)�6+-'-';*'1)�0+�,0.0�"#��* -'+�.#�'/01�*0-0%!3'+�#34#��4)4#4).��#1#%8%!��.#�4).01%#.<3'+�,#-;4'1#�.#�4).�,�.'+��+0�#�0&0�4+,!���+0�0+,0.0�+,!��

Ig_Wbod�UR_WfS[�]mUad�U[S�\S[�_afa^RS��<W_�ZS�gbOciW[�^W�Sb]O]mU[S�efa�W`Qd�9_Obfg`Y�VRikd�\S[�_afa^RS��Gcm\W[fS[�U[S�P_S�XQfY^Sbag�SUURXW[�fY_�RV[S�fY_�gbSc`[S\QfSgfmfYfS�fYd�=gcobYd��Ga[S�WR_S[m^kd�fS�TSe[\O�iScS\fYc[ef[\OSgfan�bag�WVo�a_a^OXag^W�BS[_a�fa^RS��BSf3�SciQ_��bcm\W[fS[�U[S^RS�ehS[c[\Q�efOeY�XkQd�bag�efY�cRXWfS[�Sba\]W[ef[\O�efY_�S_SXQfYeY

fag�\S[_ancU[ag��kd�Xkf[\m�efa[iWRabcamVag�\S[�W`P][ Yd��F�BS[_afm^ad`W\[_O�eg_Wbod�Sbm�fa�W`Qd�eY^WRa�bcPbW[�_S�SbaefSe[aba[YZWR�SbmbScSVae[S\and�VaU^Sf[e^and��<W_eY^SR_W[�Sgfm�cQ`Y� W�fa�bScW]Zm_�DbacWR�_S�WR_S[�\S[�W\egUica_[e^mdfag��9]]O�S_�icW[SefWR�m]S�bSRXa_fS[�Ifmiad�WR_S[�Y�Um_[^Y�^WfOTSeYSbm�fa�bScSVae[S\m�efa�_Pa��B[S\m^Y��SgfQ�Y�S]]SUQ�VW_�bcPbW[_S�WR_S[�^m_a�fWi_[\Q�\S[�^acha�]aU[\Q��GcPbW[�_S�WR_S[�age[Sef[\Q�D[]O^W�VY]SVQ�U[S�efSZWcm� WfS�eiY^Sf[e^m��F[\a_a^[\O�bOW[�_SbW[�� WfSeiY^Sf[e^md�fag�\me^agfYd�V[S_mYeYd�eW�ba]W^[\Q�S_f[�\Sb[fS][ef[\Q� YiS_Q��<[mf[�Y�h[�]W]WnZWcY�a[\a_a^RS�mbkd�fY_�WRiW\SfS]OTW[�a���.��!�!*��iScS\fY�cRXWfS[�bO_k�Sbm�m]S��mi[�Sbm�fY_Wb[Zg RS�fYd� W�\OZW� Pea�khP]W[Sd�b�i��\]abQ��S[eica\PcVW[S��bac_WRS�\f]���S]]O�Sbm�fY_�acZa]aU[\Q�eg�_WRVYeY�fag�ahP]agd�

IW�S_fRZWeY� W�fY_�]Sl\Ref[\Y�\S[[\caba][f[\Q�W QUYeY�fk_� Sc [efo_�Y�h[]W]WnZWcY�a[\a_a^RS��ZP]W[�_SW`acZa]aUQeW[�SefS^OfYfS�fY_�bS�cSUkUQ��_S�fY_�acUS_oeW[�\S]nfWcS�_S�fY_�\O_W[�b[a�SbaVaf[\Q��b[a�a[�\a_a^[\Q��B[�Sgfmd�WR_S[�a�]mUadbag�U[S�_S�UR_W[�Sgfm�Vg_Sfm�icW[OXWfS[V[Sc\Qd�PcWg_S�ef[d�khP][^Wd�\S[�_afa^RWd��9gfQ�Y�S_fR]YjY�UW__O^RS�V[S_mYeY�^W�\c[f[\Q�Vn_S^Y�bag� PeS�Sbm�fY_�V[Sc\Q�fYd�Um_[ YOc_YeY�WR_S[�khP][^Y�\S[�VY^[agc�U[\Q��?�BS[_afa RS�U\cW RXW[�eg_WiodfS�\Sb[fS][ef[\O�VmU^SfS�efY_�gbY�cWeRS�fYd�bcamVag��Ifmiad�fYd�WR_S[Y�S_Obfg`Y��BS[_afa^o_fSd�aVY�Uan^SefW�eW�_PS�S_fSUk_[ef[\O�bca�lm_fS�bag�ZS�bca\S]Peag_�XQfYeYefY_�SUacO��_PS�WbSUUP]^SfS�\S[ZPeW[d�WcUSeRSd��GcPbW[�UcQUacS�_SUR_W[�\SfS_aYfm�mf[�eQ^WcS�U[S�=g�cobY�\S[�=]]OVS�Y�9_Obfg`Y�bWc_O^PeS�Sbm�fY_�BS[_afa^RS��Dm_a�Pfe[ZS�^bacPeag^W�_S�^WfSfcPjag^WfY_�\cReY�eW�Um_[^a�mb]a��eW�VY^[�agcU[\Q�ZWcSbWRS�U[S� Sd�fagd�6V[agd\S[�U[S�fY�iocS�^Sd�

� ��!#'��"�&������(�&���"�� ������(�&�*� #'#*��&�

(�&�(�+"�&���#��(�&������'(��.&

�.��45/)�,#+�,#+.040�"#��� �������������

�� (����+��$""�&����%�&�bagV[OTSXS�Q�O\agUS�_S�W^b]P�\WfS[�fa�m_a^O� ag�efY�VY^[�

agcURS�fag�IKHA>9�fYd�VW`[Od��S_SU�\OefY\S�_S�V[SjWnek�\OZW�eW_Oc[abag� W�QZW]W�eg_a []YfQ�fk_�efW]Wio_fag�egU\W\c[^P_ag�\m^^Sfad�S]]O\S[�kd�P_S_�Sbm�fagd�W^b_WgefPdSgfQd�fYd�bckfaTag]RSd�

�'-#3� .0+�:30+�.0�"(05.�:4+)�-;3)�$1"3,'4#+�34+2��1:�3,#+1'2�35�68."'2�,#+�4).,0+.!��10',-0%+,!��#1053"#�103<�8.�,#+�0��&8.��

CPk�mi[�U[SfR�ZWkco�mf[�a�icm_adRVcgeYd�W_md�\m^^Sfad�gbSUacWnWfS[Sbm�fa�WZ_[\m�eg^hPca_�\S[�f[d�S_OU�\Wd�fag�]San��IQ^WcS��eW� RS�iocS

bag�iO_W[�\a^^Of[S�Sbm�fY_�S`[a�bcPbW[S�\S[�fY_�\gc[SciRS�fYd��eW^RS�iocS�bag�fY_� WfPfcWjS_�eW�Wg�ckbSl\Q�ik^SfWcQ�\S[�fSbW[_o_ag_\SZY^Wc[_O�fagd�S_Zcobagd�fYd��faXYfan^W_a�VW_�WR_S[�fa�0^RS�Sbm�RV[S1anfW�fa�0O]]S`W�a�DS_k][md21��=R_S[Y�fW]WgfSRS� Sd�Wg\S[cRS�_S�S_S]O�Tag^W��Pefk�\S[�focS��fY_�WgZn_Yfk_�Wb[]aUo_�bag�\O_W[�a�\SZP_Sd^Sd�U[3�Sgfm�bag�PciWfS[��

?�]aU[\Q�fYd�eg_[efoeSd�VW_�^WW\hcOXW[�\S[�VW_�b[efWnk�efY_�nbSc`QfYd�efY_�ba][f[\Q�XkQ��4]]kefW�Y�]a�U[\Q�fk_�eg_[efkeo_�fag�IKHA>9��fagbS]S[an�mi[�fag�\S[_ancU[ag��aVQUYeWfY�iocS�eW�O]]a�P_S� _Y^m_[a��efY_Sn`YeY�fYd�S_WcURSd�S]]O�\S[�fa�V[W�Z_Q�V[Segc^m� Sd��9_Q\k�eW�Sgfandbag�b[efWnag_�mf[�Y�SUObY�U[S�fY_bSfcRVS�eag�VW_�PiW[�eg_[efoeWd�\S[a^SVan]Wd��PiW[�W_k^P_agd�5]]Y_Wdbag�VW_�_fcPba_fS[�_S� []Qeag_�W]�]Y_[\O��VW_�ZPfag_�fa�eg^hPca_�mba[Sd

=gcobYd�bO_k�Sbm�W\WR_a�fYd�iocSdfagd�\S[�bS]Wnag_�U[S�fY_�=]]OVSbag� bacWR�_S�bcaaVWneW[�bSRc_a_fSdbRek�fagd�_Pagd�fYd�bag�PhgUS_��bag^bacWR�_S�TSe[efWR�efY_�bScSUkUQS]]O�\S[�_S�gbWcSeb[efWR�fY_�WZ_[\QfYd�\gc[SciRS��IW�SgfQ�fY_�=]]OVS^RS�VW`[O�eg_[efkeo_�VW_�PiW[�_SVoeW[�\Of[��VW_�eg_ZPfW[�S]]O�V[S[cWRfY_�eg_[efS^P_Y��fY_�a]a\]Yck^P_YVW`[O��

;W]Se^P_a[�mea[�_a^RXag_�mf[�Y]neY�TcRe\WfS[�ef[d�bcme\S[cWd�eg^�hk_RWd�\S[�fY_�\a[_Q�bcaW\]aU[\QbScageRS�bcaeobk_�\S[�a^OVk_�9_fR�fYd�V[OebSeYd�bag�eQ^WcS�b]S�eOcWfS[�kd�0en_ZWeY1��WR_S[�ocS�_SeaTScWgfan^W�\S[�_S�S_aR ag^W� Of[S\S[�Sgf[O�eW�SgfO�bag�eg^TSR_ag_U[SfR�S_�VW_�fa�\O_ag^W�ZS�Wb[fcP�jag^W�efY_�LohY�\S[�fa_�IfSnca_S�eg_ZPeag_�fY_�SbafgiRS�fagd�U[S_S�VY^[agcUQeag_� RS� WUS]nfWcY�_S� Sd�bWReag_�mf[�efa�eg_PVc[a�fag

GafS^[an�VW_�^SXWnfY\S_�m]a[�a[IY^[f[\aR�Q�mf[�a�GSbS_VcPag� W�fa_abaRa�S]]Y]aUcShWR�Y�LohY�VW_WR_S[�Sgfmd�bag�\SfPefcWjW�fY_�=]�]OVS��<W_�WR_S[�eg_[efoeWd��WR_S[Sba\S8V[S�bag�Wb[^P_ag_�mf[�eg_�ZPfa_fSd�fS� a_ajQh[S�baeaefO�fagd^bacan_�_S�\O_ag_�^RS�V[jQh[SSbafgiRS��;[3�Sgfm�Wb[ P_k�mf[�Y�]neYTcRe\WfS[�efY_�bcSU^Sf[\Q�en_ZWeY\S[�mi[�efa_�ba][f[\m�iSTS]P��;[SfRiSTS]P�\O_ag_�a[�gbO]]Y]a[�fagVQZW_�\P_fcag�Sb]od�\Oba[a[�Oc�UYeS_�_S�fa�S_f[]YhZan_��B]WR_kSgfm�fa�\WR^W_a�bScSZPfa_fSd�fSa_m^SfS�W\bcaeobk_�eg_[efkeo_bag�Wb[\S]an_fS[�fa�\P_fca�\S[�a\SZP_Sd�Sd�S_S]OTW[�f[d�WgZn_Wd�fag�;W__Y^SfO��@WaVkcO\Yd��CWTP_fYd��

����'� �&���$�%"�%#&���"��������.%#&�����$%.��%#&�

(#)��.!!�(#&����

�+#4"�- 8�:7+��� ������ ��������

� )!#,#$)#�fa�fW]WgfSRa�V[O�efY^S�a[�V[WcUSeRWd�U[S�VY�^[agcURS�W_[SRag�hacPS�fYd

BW_fcaSc[efWcOd��G9IFB�\S[�Ga�fO^[�bckfSUk_[efan_�W_o�VW_�]WR�bag_�\S[�^[\cmfWca[�hacWRd�mbkdfa�eiQ^S�fag�;��GSbS_VcPag��<[Wc�USeRWd�bag�WR_S[�S_S^W_m^W_Wd�\S[]aU[\Pd�S_�eg_gba]aUReW[�\S_WRdfY�egccR\_keY�fk_�bScSbO_k�eiY�^Ofk_�ef[d�fW]WgfSRWd�W\]aU[\PdS_S^WfcQeW[d��F[�bckfSUk_[efPdZWkcan_�mf[�ZS�Tcag_�ekeRT[a�efY_W_abaRYeQ�fagd��

Ja�WUiWRcY^S�hS_fOXW[��^Pic[ef[U^Qd��W`S[cWf[\O�Vne\a]a�_Sg]aba[YZWR��<W_�WR_S[� m_a�a[�Sc�iYU[\Pd�T]PjW[d��FnfW�Y�L��;W_�_Y^SfO��anfW�a�If��@WaVkcO\YdanfW�a�;��GSbS_VcPag�VW_�Wb[Zg�^an_�U[S�fa_�WSgfm�fagd����VWnfWcacm]a��7^kd�a[�SciYU[\Pd�T]PjW[dWR_S[� RS�Sbm�f[d�S[fRWd�\S[�\gcRkdWR_S[�Qeea_ad�eY^SeRSd��

Ja� WUO]a�bcmT]Y^S�S_S\nbfW[Sbm�fY_�SbageRS�ba][f[\an�efRU�^Sfad�\S[�efcSfYU[\Qd��=_VW[\f[\mWR_S[�mf[�fmea�fa�G9IFB�mea�\S[fa�GafO^[�V[SbWc_o_fS[�Sbm�S_fR�ZWfWd�]aU[\Pd�\S[�efaiWneW[d��=_�VW[\f[\Q�Y�\SfOefSeY�efa�G9IFB�BacghSRS�efW]PiY�\a[fO_W�bcadE<�ikcRd�_S�Sba\]WRag_�\S[�fY_P_fS`Q�fagd�eW�SgfQ��4]]a[�efSZWcO^[]O_W�U[S�0Sgfa_a^RS1�Sbm�fY�E<\S[�fY_�RV[S�ef[U^Q�efYcRXag_�^WbOZad�fY�egU\gTPc_YeY�E<�G9�IFB��9]]O�VW_�Sba\]WRag_�fY�eg�_WcUSeRS� W�IKHA>9��9_O]aUY�WR_S[\S[�Y�efOeY�efW]Wio_�efa�GafO^[�GScO]]Y]S�VW_�V[ShSR_WfS[�bagZW_Oefa_�acRXa_fS�V[OZWeY�U[S�age[Sef[\QV[ShacabaRYeY�Sbm�fa�_Wah[]Wg�ZWc[e^m�bag�U[S�VW\SWfRWd�gbYcP�fYeW�fa�G9IFB��9_fRZWfS�\S[�fSVna�\m^^SfS�eg_SUk_RXa_fS[� W�fY

E<�ba[md�ZS�bOcW[�fS�e\QbfcS�efY_S_f[\gTWc_Yf[\Q�cYfacWRS��

BS RS�age[Sef[\Q�V[ShacabaRYeYSbm�fY�E<�eW�S_fRZWeY�^W�V[Sha�caba[QeW[d�Sbm�fY_�S^[Uod�_Wah[�]W]WnZWcY�]aU[\Q�bag�bScSfYcan_�fS[�eW�f^Q^SfS�fYd�WgckbSl\Qd�ea�e[S]VY^a\cSfRSd��^W�iScS\fYc[�ef[\mfWcY�fY_�S]]SUQ�b]WneYd�fagIae[S][ef[\an�\m^^Sfad�GacfaUS�]RSd�\S[�fY�eg_WcUSeRS�fag�^W�faBB�\S[�fa�09c[efWcm�Db]a\1�

�;4'�)�����'..)�#4���0;�4'�0��4���'0&81�,)2�0;�4'�0�����#�#.&1 05�&'.'�+*5�0;.�%+#�40.�'#54:4052����&';4'10�1:-0�

7^kd�Y�bcmeVWeY�G9IFB�\S[GafS^[an� W�fY�E<�bca\nbfW[�\S[eW�P_S�O]]a�WbRbWVa��IfY_�S^Pc[efYefQc[`Y�bag�PVkeS_�\S[�eg_WiRXag__S�VR_ag_�efa�0fcRUk_a�fYd�V[S�b]a\Qd1��9c_QZY\S_�^SXR�^W�fYE<�fY�V[SV[\SeRS�SVW[aVafQeWk_fk_�fY]Wabf[\o_�efSZ^o_��fY�egU�\cmfYeY�fag�=IH�S_SVW[\_gm^W_a[eW�0V[\YUmcagd1�fk_�\S_S]Scio_��

IW�Sgfand�fagd�Vna�O`a_Wd��efY_Oc_YeQ�fagd�U[S�SbW^b]a\Q�SbmfY_�ba][f[\Q�fYd�E<�S]]O�\S[�efY_Oc_YeQ�fagd�U[S�\SfSba]P^YeYfYd�V[Sb]a\Qd��a[�WbRVa`a[�hacWRdU[S�fY�0_PS�\W_fcaSc[efWcO1�WR_S[efSZWcaR��BS[�mea�\cSfO_W�SgfQfY�efOeY�WR_S[�eRUagca�mf[�mba[S^achQ�bOcW[�fa�W\\a]Sbfm^W_aeiQ^S��ZS�PiW[�fY�U_kefQ�\SfO�]Y`Y��JY�eg_WiQ�egccR\_keY��

�� ���&��#,���&���"���(� �+#&�(�&��%�'(�%�&

Page 12: -5/21#%.%(05.,- 4* ˛ ˛ ˘ ˚ ˇ ˝ ˙ˆ ˇ ˛ ˆ ˜˝ ˆ˛ ˚ˆ˙˝ˆ ˝ ˘˘ ˚ ˛ˇ · ˚ ˘˘ ˜˝ ˙ ˛˜ˆ˝ ˇ%#$ # !&""# ˝ ˆ ˙ ˆ ˆˇ ˆ ˇ ˆ˘ ˇ %˚%’!˚#˛˝%˙˝

�+)�'�)#�"�

� <(AD�,@?F�?:�.<(77,�.4,�8,05A<(>D�?2�/@>,<)>504(�7:@

.4,�?2�>?(>2�?D8�0?,+<D8�?2=�5@�-)<82>2=�F;:@�0+8,4�:4�5G<4:4��80�9(<?2?:4��66280=��5,4�;<:>D;45(:�;<F0/<:=�?:@=�5��!(8:=��,77)�8:=���08�9)<D�,;F�;F?0�,@?:+�:4�809(<?2?:4�,809,<?2?:;:4*325,8,;F�?4�5,4�,;F�;:4:@=��!<:>D;45(:�5��!(8:=��,77)8:=�,8�7;:<0+8,�7,=�;04��,809,<?2?:;:4*3250,;F�?,�,+>B2�;:@�)5,80�7,1+�70?:8�;030<F�?:@=�04=�-(<:=�?2=��0�-.(6����0;04/*�2����/08�?:8�)5,80@;:@<.F�;:@�*?,8�?:�F804<:�?:@5,4�:�;F3:=�?:@��8�;(>2�;0<4�;?H>04�-<*50�?:8��6)92�#>+;<,�>0/G>5:62�3)>2���/08�7;:<:G>0�8,>B27,?+>04�5@-)<82>2���5,4�-<*50?28�0@5,4<+,�8,�05;62<H>04�?:8;F3:�?:@��8,�.+804�@;:@<.F=���,4�?H<,�;:@�)/0>0�?:�.(4/,<F

?:@��;:@�6)04�2�6,E5*�;,<:47+,�,;0460+�8,�<+904�?28�5@-)<82>2��6*304,�7)B<4�>?4.7*=�/08�7;F<0>,8,�5,?,6(-D�;H=�2�,<4>?0<(�>@�80<.(10?,4�70�?:@=�;<H28�(5<,�/0�94:G=�?2=�������,;,+?2>2�?:@�5�!(8:@��,77)8:@�8,�12?(04�,7)>D=?28�;,<,+?2>2�?:@�@;:@<.:G��0�?,8,>?0@?45*=�!:64?45*=�?:@�5��:@1(6,��.4,�?28�,;0<+>50;?2�)5�A<,>2�?:@��,50/:8+,���/08�8:7+1D8,�?:�0+;0�.4,?+�;4>?0G04�F?4�0+8,4�,50/:8+,���;6:G>?,?,�:�5��#>+7,=�?:@

)>?2>0�?28�;,.+/,� ���'&(��"#&$��� (�

�'")*"�%"#����)* �

� )>,�,;F�?:�70.,6G?0<:�/4,�A3:<),�?2=�0662845*=�?2�

60F<,>2=�5,?F<3D>,8�8,�.06:4�:;:4*>:@8�5,4�?28�:<3F/:92�B<4�>?4,845*�;+>?2���,4�;H=�8,�728?28�.06:4:;:4*>:@8�F?,8�:4�90;:@�627)8:4�;,;(/0=�?:@�5:>745:GA<:8*7,?:=�@;2<0?:G8�?:�B<*7,5,4�?2�>(<5,�?:@=����)<0@8,�7:@6:4;F8�5,?,/0458G04�5,4�,;:/04�58G04�D=�,;:5604>?45F�;<F-627,?2=�;,?<+/:=�7,=�0/H�5,4�B<F84,,@?F�;:@�;0<4.<(A0?,4�D=�;80@�

7,?45*=�5,4�C@B45*=�AG>0D=���,�?:<3H8:@8�F6:4�,@?:+�FB4�7F8:�8,)B:@8�>:-,<F�;<F-627,�,66(�5,48,�?:�70?,A)<:@8�.0845H=�5,4�8,:/2.*>:@8�?:�5<(?:=�5,4�>0�,>?@�8:745*�5,4�8:745*�/4,>?<:A*�� <�/)=�,;F�,84>F<<:;:@=�C@B45(�5,4;80@7,?45(�>?)5:8?,4�,;F�?2�70�?,;:6+?0@>2�>0�,>?@8:7+0=�5,4�04�>,..06+0=�.4,�8,�A(80�C)7,?,�5F>7:5,4�5:>7(52���<50+�74,�-F6?,�8,5FC04�5,80+=�>?28� 7F8:4,�.4,�8,/04�?28�,;,83<D;4(�,8(.6@A2�

"1'�&(�����

�'&�&)��

� 0645(�,@?F8�?:8�5,4<F��F;:4:=/08�;,<,5:6:@30+�04/*>04=�

5,4�/08�08270<H80?,4��*�/08�/4,3)?04?:8�5:48F�8:@��0+8,4�0@?@B*=�5,4�?:6)D�70?(�6F.:@�.8H>2=���08�5(8D>B*7,�6F.:@��;4>?)C?0�70���@?)=?4=�7)<0=�>@7-,+804�,;<:5(6@;?2;<:/:>+,�,;F�F60=�?4=�;:64?45)=;,<,?(904=��;628�?2=�&�����;:@;:4:=�9)<04�;F>,�)B:@8�?>0;H>04�8,�728�5,?,..)66:@8�0@3)D=�?:8!<D3@;:@<.F��FB4�.4,�5,5F�B04<4>7F>?:�70?,8,>?0@?45F�,66(�.4,�:6:�A(80<2�;<:>F/4,�5,3H=�2��66(/,

5,?,6,7-(80?,4�BD<+=�;F607:�-(>04�>B0/+:@�� 4�BH<0=�;:@�)5604�>,8�?,�>G8:<,�0+8,4�,5<:/094)=�B4�5G<4:4���(8:@8�?:�,@?:8F2?:�!<:>?,?0G:@8�?:@=�;:6+?0=�?:@=��8�070+=�0+B,70�03845*� �;,?<4D?45*5@-)<82>2��3,�)6@80�?:�;<F-627,�>0�74,�7)<,���08�3,�);84.0�?:@=5,27)8:@=�6,3<,+:@=���08�3,�;@�<:-:6:G>0�?:@=�5,27)8:@=�?:@=6,3<,+:@=���,�)>?0680�F7D=�7*8@7,?)?:4:��H>?0�8,�728�?:67:G8�8,�0;4�B04<*>:@8�04>-:6*�;,<(8:72��@?F�)5,80�2��?,6+,��2��,66+,�

2��>;,8+,�5,4�/08�)B:@8�;<F-627,�#:�).5627,�F7D=�?D8�;:64?45H8�0;4-<,-0G:@8�:4�/27:>4:.<(A:4;:@�70�>@.B:</+,�F6:4�746:G8�.4,?:�/<(7,�?D8�70?,8,>?H8���<0�;:@�627)8:4��2�;,?<+/,�B(80?,4�5,4,8?+�8,�746(?0�.4,�?:�/<(7,�?D8�66*8D8�7,=�5:;,8(?0��?:�/<(7,050+8D8�;:@�?:@=�A<:8?+104�:�,8�3<D;4>?*=��!<D3@;:@<.F=�;:@?>,5+>?250�8,�0?:47(>04�5)8?<,@;:/:B*=�

�'*��"(�

�+#�"'���

� (>,80�?28�0@5,4<+,�:4�6,:+8,�5@-0<8(80�5,4�?28�?GB2

?:@�;6,8*?2�:4�/@8(>?0=�>?,�B)<4,?:@=�5<,?(80��#:�?:G806�0+8,4�>5:�?048F�5,4�?:�,>*5D?:�?:�-(<:=��3,?:�-:@64(904�?:�BD<4F�� 4�;G60=?:@��/2�3,�,8:+9:@80�54�,;F�?:@=:<.4>7)8:@=�?:@=��0:G=�3,�<+9:@870=�>?:@=�?(A:@=�F6:@=�?:@=�1D8�?,8:G=���,�.+804�805<,8(>?,>2�5,4F60=�:4�C@B)=�3,�A?4(9:@80�?:�.*48:;,<(/04>:�.4,�?4=�8)0=�.084)=���@?F=:�5F>7:=�:�70.(6:=�:�745<F=�.+80?,40;45+8/@8:=��.4,?+�)5604>0�?:8�5G56:74,=�1D*=�5,4�)>-2>0�?:�AD=���080+8,4�/@8,?F8�:�1D8?,8F=�:�(83<D;:=8,�104�BD<+=�06;+/,�5,4�8,�6,?<0G04.4,��0F�?:�(C@B:�?:�B<*7,�

����'��������.'��&+�

��'���*)&+�

���'-�"��"#�"&)0% �)* �

-1'����(�

� 7*;D=�5<(?:=�5,4�;,<,5<(�?:=�,;:?06:G8�>@.5:48D�

8:G8?,�/:B0+,�/4,-:6:>@8?0B84H8;:@�;<:5,6:G8�5,4�;<:>-(6:@8?:�6,E5F�,+>327,�#:�5,5F�0+8,4�F?4�5,4�2�/45,4:>G82�?4=�?060@?,+0=;)8?0�/05,0?+0=�7:4(104�F6:�5,4;0<4>>F?0<:�70�74,�?)?:4,�>@8?0�B8+,��!:6G�/G>5:6:�8,�5,?,6(-04

5,80+=�,8�?:@=�,;,>BF62>0�;:?)?:�3)7,�?2=�09(604C2=�?2=�0.562�7,?45F?2?,=�5,4�?:�,8�C(9,80�;:?)8,�-<:@8�?<F;:�8,�;0?GB:@8�,@?F?:�>5:;F��*�,8�)B:@8�0;,8,;,@?0+>?2�>4.:@<4(�?2=�/4,4H84>2=�?:@0;,..)67,?F=�?:@=��5,4�,8�08>@�80+/2?,�-6);:@8��)?>4�?:�3)7,;<F-627,���8�?:�-6);:@8�)?>4�?:3)7,�6@;(7,4�;:@�3,�?:�04;H�,@?F�?:@=�70?,?<);04�,;F�604?:G<�.27,�>0�7(>?4.,���,4�3,�092.*>D.4,?+�A,+80?,4�8,�)B:@8�)?>4�?,;<(.7,?,���8�5(8:@70�,8,/<:7*>?,�?060@?,+,�;08*8?,�?:@6(B4>?:8B<F84,�2�/4,/<:7*�?2=��662845*=/45,4:>G82=�0+8,4�>?<D7)82�70;:66(�5,4�/4(A:<,�>5(8/,6,�;:@>B0?+1:8?,4�5@<+D=�70�>5,8/,6H/04=,;:A(>04=���,?(�?28�(;:C*�7:@�5,4�FB4�7F8:8�-)-,4,��?:�/05,:�5?(728:�;<:A@6(54>2=�70�-(>2?:�:;:+:�,;:A@6,5+>?250�5,4�:05�;<:706)?2=�/:6:AF8:=�?:@�!,G�6:@�%G>>,��,;:?060+�>5,8/,6H/0=/H<:�;<:=�5(30�?)?:4:�,83<D;:�04/)=�.4,?+�?:@�/+804�?2�/@8,?F?2?,70�?2�-:*304,�706H8�?:@�>@>?*�7,?:=�,;:8:7*=�?2=�/45,4:>G82=8,�703:/0G04�?28�,;:A@6(54>*?:@��5,4�;<:0?:47(104�0;+>2=�?:

)/,A:=�.4,�,5F7,�B04<F?0<:�7)6�6:8��,;:3<,>G8:8?,=�5,4�(66:@=0;+/:9:@=�0.5627,?+0=���,�7;:�<:G>0�8,�30D<230+�/+5,4,�2�0A,<�7:.*�,@?:G�?:@�8F7:@�7F8:�.4,:<4>7)8,�09��,7060+,=�0.56*7,?,��8�3)6:@8�6:4;F8�,@?)=�:4�>@8?0�B8+0=�8,�;(C:@8�8,�;<:5,6:G8;<:>-(66:8?,=�?:�6,E5F�5:48D845F;0<+�/45,+:@�,+>327,�3,�;<);04?)?:4:@�0+/:@=�0.5627,?+0=�8,�5,�?,/45(1:8?,4�>?28�0>B(?2�?D8�;:4�8H8�;62<H8:8?,=�70�?:�+/4:�8F�74>7,��?4=�;<(904=�?:@=�5,4�FB4�>?:?)6:=�5,4�0;+�?2=�:@>+,=�8,�-.,+�8:@8�/45,4D7)8:4���,4�72�7:@�;0+?0;D=�A:-(>?0�7*;D=�B(>04�2�-080?4(-06F84���08�B<04(10?,4�8:7+1D�;:6G7@,6F�.4,�8,�5,?,6(-:@8�,@?:+:4�5G<4:4��;D=�7��,@?(�5,4�7��,@?(2��662845*�5:48D8+,��,8?43)?D=70�?:G=�;:64?45(8?2/0=�5,4�?:@=/4,;605F708:@=�270?)<:@=�?:@=;:@�F?,8�>?<47HB8:8?,4�/08�;,�<,60+;:@8�8,�/26H8:@8�F?4�?:@=)B:@8�07;4>?:>G82���/08�)B04�5,�3F6:@�07;4>?:>G82�>?28��662845*/45,4:>G82���,4�F;:4:=�08>@80+/2?,*�,>@80+/2?,�;4>?0G04�F?4�)8,=�;:�6+?2=�3,�;<);04�@;:B<0D?45(�8,;0<8(04�,;F�5(;:4,�,+3:@>,�/4�5,>?2<+:@�;<:5047)8:@�8,�?:@�6G�>:@8�:4�/45,>?)=�5(30�;<F-627,;:@�,8?470?D;+104�>?28�5,3270<4�8F?2?(�?:@�>?28�5,6G?0<2�;0<+�;?D>2�)B04�90AG.04��,80;4>?<0;?+� �8:H8�8:*?D��

"1'�&(�����!�%��

��&*�$�)��*"#��

�"�#+��'% )

� �66(/,�5@-0<8(?,4�,;:?0�60>7,?45(�F?,8�.+80?,4�>0�

-,>?F=�:��6628:<3F/:9:=��,:�;:64?4>7F=�?2=�5,4�2��8:;:42?45*%46:>:A+,�?2=��:48D845*=�"@80<�.,>+,=���?>4�?:�5:48D845F�>G8:6:@;2<0?0+�5,4�@;2<0?0+?,4��$;2<0?0+?28�!:6G7:<A2��8(;?@92�?2=�!,�?<+/,=�7,=�5,4�@;2<0?0+?,4�,;F?:@=�!,?<4D?45:G=�#,.:G=��;:@0;4A:<?+1:8?,4�8,�5@-0<8H8?,4,;F�?2��,E5*��)62>2��.4,�8,�5@�-0<8:G8�70�-(>2�?28��:48D845*�45,4:5<,?+,� �;:64?45F=�,.G<?2=�0+8,4�,8,�

.5,+:�8,�09:-064>?0+�>?28��/0H/2�;:?060>7,?45*��4,5@-)<82>2��08�7,=�B<04(10?,4��'=�(B<2>?:=;,<,>4?45F=�;,<(.:8?,=�>,7;:?(<04?28�!:64?45:5:48D845*�"@805?45F�?2?,���7;:/+104�?2��0845*�!<F:/:��9,?:7450G04�0.D508?<45(�?28�)88:4,?2=�!:64?45*=��<(>2=���0?,?<);04?4=��:48D845)=� 7(/0=�>0�!<:>D�;:;,.0+=����.)60=���$;2<0?H8�?:@5,4�70?,>B27,?+104�?28�!:64?45:�5:48D845*�$;0@3@8F?2?,�>0�0/<,4�D7)82�;06,?04,5*�A,@6F?2?,��@-0<8(04�:��,F=�F?,8�F8?D=

,8?4;<:>D;0G0?,4���#&(������

����������� �� ������� ��������

���� �������������������������� 5<+>2�8,�;(<04�2�0@B*��*<30�5,4

70�?>(54>0��70�>7;,<(64,>0��#,)B,>,�F6,��7)>,�>0�745<F�B<:845F�/4(�>?27,��;<:>?(�7:@��9,A845(��07A,8+>?250

)8,�,/4)9:/:���<)325,�>?:�7:8F/<:7:?2=�,;F6@?2=�5,?,>?<:A*=�� �0A4(6?2=?2=�9,A845*=�/4(6@>2=�70�-<*50�,;<:�0?:+7,>?:��B4��7F8:�)5604>,�?2�745<*�7:@�0;4B0+�

<2>2�,66(�);<0;0�8,�90B<0H>D�?:@=�@;,6�6*6:@=�7:@���0@?@BH=�70?<27)8:@=�>?,/(B?@6,� �,66(�5,4�?4=�(660=�:45:8:745)=7:@�055<07F?2?0=�

��?4�;4:�/G>5:6:�)BD�1*>04�0+8,4�:�5,4<F=;:@�,5:6:G32>0�� 45:8:745(�5,4�C@B:�6:.45(�2�5,?(>?,>2�/08�;0<4.<(A0?,4��.48,�,.8H<4>?:=��,/@8(?4>,��AH8,1,

>?,�;,4/4(�7:@�70�?:�;,<,745<F��)84D3,8,�728�70�BD<(04�:�?F;:=���4�,;F�B<*7,?,#:�,;F6@?:�,/4)9:/:��08F�;,8?:G���08�*90<,�,;F�;:G�8,�;4,�

>?H�.4,�8��,<B+>D�;(64�8,�548:G7,4���08*306,�8,�?,�;,<,?*>D�,66(�,/@8,?:G>,8,�>50A3H�,;F�;:G�8��,<B+>D��;H=�8,�7;D;(64�>0�74,�>04<(��4>3,8F7:@8�,;,+>4,�7��,@?)=�?4=�090�

6+904=�F7D=�/08�.48F?,8�/4,A:<0?45(�

$;*<B,8�0-/:7(/0=�;:@�:� ?1+<:=�*?,872/0845F=�5,4�?,�>?F7,?,�?D8�@;,66*6D87:@�5,4�?D8�:45:.0804H8�?:@=�12?:G>,8A,.2?F�"?:�>;+?4�,<B+>,70�8,�>?0<:G7,>?0

;:66(�.4,?+�:4�0;,..067,?45)=�/@>5:6+0=,@?(�A)<8:@8���?,8�)B04=�;,4/4(�54�0+>,4BD<+=�/:@604(�5,4�70�:45:8:745)=�055<0�7F?2?0=�F6,�.+8:8?,4��-:@8F���@?@BH=?:@6(B4>?:8�;:@�/:G60@0�2�>G1@.:=�54�)<�B:8?,8�>?:�>;+?4�5(;:4,�B<*7,?,��<B4>,�8,�5@82.(D��?,�;(8?,�;<:504�

7)8:@�8,�-<D�/:@604(��8,�;<:>A)<D�5(?4>?2�>@8?*<2>2�?:@�>;4?4:G�5,4�70�?,�B<)2

-)-,4,�,;F�?28�0;4B0+<2>2�;:@�0+B,�8,70��5,?,/4H5:@8��8,=�A+6:=�7:@�;<F>A0<0�B)<4�-:230+,=

54�,@?F�/08�3,�?:�90B(>D�;:?)�!(8?D=�?:�7,<(14�.4,�?:�560+>47:�?2=

0;4B0+<2>*=�7:@�/08�7��,A*804�8,�2>@B(>D5,4�8��,8,<D?4)7,4�,8�;:?)�3,�7;:<)>D8,�?,�>?*>D�F6,�,;F�?28�,<B*���7D=�;(8D,;��F6,�0+8,4�?,�/G:�7:@�5:<+?>4,�5,4�.4�,@?(�;<);04�8��,.D84>?H�5,4�8,�.+804�>0F6:@=�7,=�-+D7,�F?4�;:?)�7,�;:?)�/08;<);04�8,�?,�;,<,?(70��

����$ (���/���,%

��������� ���� �����

��������������������������

������������ �� ����������

��������� ��� ����������������������������� ��� �

I@)@A@>'�&(E(F')(HB?*�57>(21:�$61D�(B*,1*.8.E317.�351�5)-���������/(5$0D58.�82F.������������!(75C2$�A$2$3,(7E��+$�B$2$-$/%#.17.$B9�5$�'2$6(:$�5)4�(6)/(2:&$4�!E/)5214���@$D214�������/*$�1.1/$35*,E�(B*351-E�9B17�+$�$.$6C21.5$*�5$�3)/(:$�B17/B121D.�.$�B$2$-#%17.�5$�(*3*5E2*$�5174�$.#�5).�"--#&$��@J*1*63+3+�+�J102-5/,2+�304�-04J0.,0K�

��� &IHB=DC CBCD@� [�]���]� �9����]� ��[���] ����]� [�[��9����" !��]��]� ��������:�"� �V�]]����� ��V�":� UZ_VN� �V�]]�[�"V�] V�����]� [�[�] P�����V� [�][�VV�] ��]9��� ]��S�[�"V�] S��:9��]��� ����9��] :�������]�� PV�#�"� �V�"S������ :���:��� XTUZVQ^N� �9]����]� �PP�V�]� ��V�!��:�] ���]��]�� �S���]��" :������]�� V_W[Q\R] P�9�P�]�� WTaNVZ[Z_VZ] ON]TVR]�� 9��V�P�] �9����]�� �[����� ������ ��]��] ����V��]�

Z\ZT�]_WWQ^ZaR]�U~|k�pgo�z�qgsk�xt�pty8~ro�xmv��mv�wkqfjgv��Ugx~8or�wxkfqk�7ery7g�iucztrxgv�^NYT:T��pkr~��xt�trt7gxk8�ry7t�wty�wxt�� � ;Xoic�d[c�laf�=_mlXi[�������klcj������d[c�;<[Zf_cj�klaf�deYipka�]c[�f[�d_i^Zk_cj�[dlh<ehqdW�_ckclYic[�]c[��Wlh;[d[c�Xf[�L�V��[mlhdZfalh�;_�_<cklihnY��k_�Xf[�[<r�lhmj�<ch�dWlp�<ihhick;hsj�<hm�_gm<ai_l_Za������������� �"�� �ViXpka�� �������;_�UPH�������������lae��_gm<aiXlakaj������������Nuitwgu}rop~v� HZ]cf[���H]dZklic���Prih���G^i[���Ji;crfa���R<Xlk_j���Prilh�VXec�wktoptrt7ope�ndwm� ���� ���������������������������� �������������� �� ���������������]8tucjkv��g8~�qo7cro�O~qty�8utv� RdcWbh���Rdr<_eh���Herffakh�wk�toptrt7opendwm� ���� ��������������������������� �������������� ��� ������������������������������������� ���������������

O�N��Noigft�Uypqcjkv�N8~�[kougoc�8utv� VZh���OmlceYfa�wk�jfpqorm�pg78frg��N8~�[kougoc�8utv� Rsih���Osdhfh���PWl;h���Js^aeh���H]��MYimdh���Uhsifhc���M[ier\[kc��I[bs���VZh���OmlceYfa���NY;fh���M[\We[ wk�jfpqorm�pg78frg�N8~�Vg�uot�8utv��H]��JmkliWlch���NY;fh���M[\We[�wk�toptrt7ope�ndwm���� ������������������������������� ������������ ������������������������� ���������������S[�hfr;[l[�lpf�lmo_itf�b[�^a;hkc_mlhsf�klaf�MTQLHMHSLMK��������� ��<hm�b[dmdehnhiYk_c��������]m7kf}wm��S[�L�V��l[gc^_shmf�;_�l[�<ehZ[�<hm� c[bXlhmf�]d[iW`��d[c�;_�\Wka�<Wflhl_laf�_dWklhl_� c[b_kc;rlal[�lhm� ih;heh]Zhm��S[�_ckclYic[�;<hihsf�f[�oiakc;h<hcabhsfXpj�d[c�lcj��� �����_g[cihm;Xfaj�laj�<_icr^hm�lhm�PWko[��������Xpj��� �����

0MW@MW\U�DXW^ WR :@EEDWR���5DTWCRX�J���!!�"�� ���'�(%STRVYATHL�VH���WXZHTR_U

DPDFP`VWHU����DMWRSNR]M@�HLVLWBTLDOH�HSLVWTRYB�FLD�

��@WROD�OH�WR�^ZJO@�WRXU��/?90-6�VWRP�STRRTLVO^�SRX�HSLKXOR_P ����������

���������

F=L&)C(�FHB�%H)&@B@?FCIACG?HB�&(E(F')(HB@IC�F'B������������� �"�

F'E�?=)(@?@F(?'E���������� ����������

[\Zb[ZSQ]QT]�]_WWQ^ZaR]��U~|xk�pgo�zyqcsxk�x$�pty8~ro�xmv��mv�wkqfjgv�;Z\N]R�PTN�ZVZ_]<�krxkq�v�:9\QNX��8tywy78kuoqg7hcrko���tr��Zzngq7tqtiop~�dqki{t���tr��Nrxopgxcwxgwm�`gp�r�x}rPygqo�r�Zucwk}v�

Sae_npf_Zkl_�;Xoic�laf�P[i[kd_mY��������d[ba;_icfW�[<r�lcj�������Xpj�lcj� ����kl[�laeXnpf[� �������� � �������� � ��������� � �������d[c�_fa;_ipb_Zl_�<tj�b[�<[i[eW\_l_�laf�dWil[�k[j�;_�laf�_<Z^_cga�lhm�dhm<hfchs��]RWQT9]R��Mqto�to�grgir�wxkv�ng�ksy8mukxt�rxgo�wxtyv�wyrkuigl~7krtyv�8gu~{tyv�yikfgv�krx~v�Nxxopev�

������������� ���������� ��� ����� �� 1�3<92-3-;231� #"&$��"�'%�VH�VXPHTFDVCD�OH�WR�V_VWJOD�<FHCDU�*���������,��MDL�WRXU�VXPHTFDI^OHPRXU��RYKDNOL@�WTRXU��RSWROAWTHU�MDL�RSWLM@�MDWDVWBODWD��STRVYATRXP�*79-:1�.2-�747<:,�HPWHN`U�/?90-6��SRX�VXOSHTLNDOE@PHL��RP�7YKDNORNRFLM^�ANHFZR��5AWTJVJ�5X\SCDU��<SHTOHWT\SCDU��-VWLFODWLVOR_��8THVEX\SCDU��:WTDELVOR_��3HTDWRHLGB��>T\ODWL�

MBU�DPWCNJ[JU��+NHFZRU�OH�:ZLVORHLGB�4XZPCD��7TKRSWLMB�5HNAWJ���RP��-PWLMDW@VWDVJ�=DM`PW\P�.XDNL`P�7T@VH\U�OH� )��/_R�����HS`PXORL�YDMRC�@KTDXVWRL��RTFDPLMRC�OH�HSCVWT\VJ�����HSCVWT\VJ�DPWLZDTDMWLMB��DQCDU�� )��.LD�^NHU�WLU�SHTLSW`VHLU�OX\SCDU��STHVEX\SCDU�XSHTOHWT\SCDU�EDKORC�DS^���A\U��������MDL�DVWLFODWLVOR_�DS^��� �A\U�������

Page 13: -5/21#%.%(05.,- 4* ˛ ˛ ˘ ˚ ˇ ˝ ˙ˆ ˇ ˛ ˆ ˜˝ ˆ˛ ˚ˆ˙˝ˆ ˝ ˘˘ ˚ ˛ˇ · ˚ ˘˘ ˜˝ ˙ ˛˜ˆ˝ ˇ%#$ # !&""# ˝ ˆ ˙ ˆ ˆˇ ˆ ˇ ˆ˘ ˇ %˚%’!˚#˛˝%˙˝

����������������������

���$#.(*( -�&"+#(����%/�+0-��Nmlnb]j^� j^mqztedgb�ptbayj�<^eynr_^=�i[p^�pb�h]`^�tnyjf^�pqdj�Trn]^�g^fpql�KnZg�ql�Kph^ifgy�LnZqlo��vpqyplgZeb�qlr�tqzmdi^�pql�arqfgy�ml�hfqfpiy�mnlg^hb]�bggvs^jqfgy�gny�ql��pm[njljq^o�qlj�qnyil��qlj�m^jfgy�qlj�myjl�g^f�ql�eZj^ql��I�Hrn{md`f^� gyid�i]^�slnZ�mfZpqdgb�pqlj>zmjl�g^f�^rq\�qd�slnZ�lf�qnlil�gnZqbo�bm[hbk^j�j^�tqrm\plrj�pqdj<g^nafZ=�qlr�brnvm^wglz�lfglal�i\i^qlo��pqfo�Enrk[hhbo�Gzl�fptrn[o�bgn\kbfo�pql�^bnl�

anyifl�g^f�i]^�pb�pq^eiy�qlr�ibqny\q^j�^ngbq[o�`f^�j^�^j^ab]klrj�qli[`belo�qlr�mnl_h\i^qlo��R^nZ�q^an^gyjqbf^�i[qn^� ps^hb]^o��m^nZqfo� rk\pbfo�a^m^j{j�pql�yjli^�qfo^psZhbf^o��l�_^pfhfZo�`f^�^gyidi]^�slnZ�^mlab]tedgb>�`rijyo�LZjljq^o�mlhhlzo�j^�ifhlzj�`f^qdj����brnvm^wg\�d�Tbmqbi_n]lr��

.LF+CNJAO�H�CPS?KFIC�QUL�CFNMENM*BUL

U^�qnlilgn^qfgZ�tqrm\i^q^mlr�^fi^qlgzhfp^j�qfo�Enrk[hbo{edp^j�mlhh[o�brnvm^wg[o�t{nboj^�^rk\plrj�q^�i[qn^�^ps^hb]^o�R^nZhhdh^�mnlgZhbp^j�bnvq\i^q^

`f^�ql�g^qZ�myplj�lf�bmf_Zqbo�e^mn[mbf�j^�bh[`tljq^f�mnlqlz�bfp[h�elrj�pqlj�qbni^qfgy�pq^eiy��I�bm]ebpd�pql�^bnlanyifl��mlr

bkrmdnbqb]�mZjv� my����bg^q��q^kf�af{qbo�bqdp]vo��[sbnb�pqd�ij\id�if^bk]plr�sljfg\�bm]ebpd�pqdj� ]elrp^^j^tvn\pbvj�pql�^bnlanyifl�Oql�iljq[jql_l�qdo�Nypt^o�ql���<Nlr�gZjbf�bjqzmvpd�yqf�iyjl�qlifpy� bnlanyifl�b]j^f� ps^h[o��J^[mnbmb�lhyghdnl�ql� bnlanyifl�j^b]j^f�^ps^h[o��^my�qd�pqf`i\�mlrsqZjbfo�pql�mZngfj`g�qlr�^bnlanl�i]lr=��ptlh]^pb�l�NZeflr�Wfj��af�brezjvj�pzi_lrhlo�qdo� jbkZnqdqdobq^fnb]^o�^psZhbf^o�mq\pbvj��6*�/(05,2�pql�mn^gqlnb]l�Syfqbno�Qf�Dnt[o�bj]ptrp^j�q^�i[qn^

^ps^hb]^o�g^f� zkdp^j�qlj� nfeiyqvj�^pqrjlifg{j�mlr�mn^`i^ql�mlflzj�mbnfmlh]bo�pq^� bnlanyif^qlr�Mlja]jlr��qlr�R^nfpflz�g^f�qdoWn^jgslznqdo��pq^�pzjln^�g^f� h�hlz��g^e{o�g^f�pb�Zhhlro�gyi_lropr`glfjvjf{j��Ypqypl�^rqy�abj^ngb]�pzisvj^�ib�qlro�bfafglzo�I�ptbqfgZ�bhbzebnd�mnyp_^pd

mlhh{j�brnvm^wg{j� bnlanli]vj[ntbq^f�pb�^jq]ebpd�ib�lnfpi[j^pqdj�Dsnfg\��qd�N[pd�Dj^qlh\g^f�qd�jlqfl^j^qlhfg\�Dp]^��ymlr[``n^s^�g^f�^mlpgbr[o�qvj�bmf�_^q{j�bh[`tljq^f�mnfj�bfp[helrj

pql�gq]nfl�qlr�^bnlanli]lr��X^�n^gqdnfpqfgy�m^nZabf`i^�b]j^f�dUlrng]^��ymlr�lf�bmf_Zqbo�g^f�lf^mlpgbr[o�qlro�mbnjlzj� my�afmhy[hb`tl��qd�pqf`i\�mlr�bfp[ntljq^fpql�gq]nfl�qlr�^bnlanli]lr�g^fibqZ�ql�&+(&-�,0��bj{�ql�]afl�pri�_^]jbf�g^f�pqdj�Nypt^�Dj^hrq[o�ebvnlzj�yqf�ibqZ�qfo

bmfe[pbfo�pqfo�Enrk[hhbo�lf�gr_bn�j\pbfo�mn[mbf�j^� j^ebvn\plrj�q^i[qn^�^ps^hb]^o�pq^�^bnlanyif^g^f�lf�irpqfg[o�rmdnbp]bo�j^�pr�jbn`Zcljq^f�pqbjyqbn^�pqd�af^jli\mhdnlslnf{j�

9I@GFI�DIC�JCKWQFNH�PRLFNDCPBCQUL�*RPQIJXL�R+HNFPIXL�H�.RPQNBC

Tb�i]^�g^hzqbnd�prjbn`^p]^�qvjirpqfg{j�rmdnbpf{j�qvj�tvn{j�qdoH�H��bmfi[jbf�d�Drpqnf^g\�rmlrn`yoHpvqbnfg{j��FfltZj^�Nfgh�MZfqjbn�cdq{jq^o�qd�adiflrn`]^�i[p^�pqfobmyibjbo�b_aliZabo��i]^o�mh^qsyn�i^o� f^�qdj� jq^hh^`\�mhdnlslnf{jyhvj�qvj�irpqfg{j�rmdnbpf{j��g^e{o<abj�bmfqn[mbq^f�j^�tZjlrib�tnyjl=�I�g��MZfqjbn� j[sbnb�yqf� my�qfo

af^slnbqfg[o�bmfhl`[o�mlr�rmZn�tlrj��e^�imlnlzpb��b]qb�j^�adif�lrn`deb]�[j^o�bfafgyo�ebpiyo��b]qbd�mh^qsyni^�j^�prjabeb]�ib�[j^bejfgy�gnZqlo��tvn]o�vpqypl�g^fj^�imlnb]�j^� mlp^sdj]pbf�m{o�e^

hbfqlrn`b]�^rq\�d�mh^qsyni^�I�FfltZj^�Nfgh�MZfqjbn�t^n^�

gq\nfpb�arpZnbpql�ql�`b`ljyo��yqf[vo�q{n^�abj�hbfqlrn`b]� jZhl`^�dprjbn`^p]^�ibq^kz�qvj�irpqfg{jrmdnbpf{j�g^f�^j[sbnb�vo�m^nZ�abf`i^�mvo�pqdj�hb`yibjd�<qnZmbc^abali[jvj� f^�qcft^jqfpq[o=��[tlrjm^nZptbf�mhdnlsln]bo��lrpf^pqfgZiyjlj�m[jqb�t{nbo�

2�1RNX+H�PQM����PQVTCPQNM

Ul�Kph^ifgy�LnZqlo�bgm^]abrpbqlrhZtfpqlj� �<i^tdq[o=�qlr��ibpqytl�j^�bmfqbelzj�pqdj�Hrn{md�pzisvj^�ib�Hrnvm^]lro�g^f�Kn^�gfjlzo� kfvi^qlztlro�qvj�rmdnb�pf{j�^ps^hb]^o�Tzisvj^�ib�ql��441&,%5('�!3(44

lf� kfvi^qlztlf��ibq^kz�qvj�lml]vjql�i[hlo�qdo� ^hhfg\o� bnlrp]^o�O^�q^h]�Fglrh[��[g^j^j�hy`l�`f^�pqn^�qymba^�pb�Trn]^��KnZg�g^f�<bjabtl�i[jvo�pql�mn{dj�pl_fbqfgy�imhlg=�ymlr�lf�<i^tdq[o=�qlr�K�L��bgm^f�abzljq^f� f^�j^�bmfqbelzj�pqd�Gzpd�Qf�]aflf� kfvi^qlztlf� j[sbn^j

yqf�lf�bfafgZ�bgm^fabri[jlf� f^�<bkv�qbnfg[o�bmfe[pbfo=�i^tdq[o�qlr�K�L�mfe^j{o�j^�sqZjlrj�qlro���Tdibf{jlrj�bm]pdo�yqf�mbn]mlr

���Hrnvm^]lf�q^k]abu^j�pqdjTrn]^��mlhhl]�^my�qlro�lml]lrog^qbqZ`dp^j�pql�K�L�

����������������� �������� ��

������������� ������

��,��*!',-�)0.�,/�^rqy�_n]pgbq^fba{�bmbfa\� jvn]cbf�qdj� k]^�qdo�ad�ilgn^q]^o=��a\hvpb�l�Mlzh^�bj�i[pvcdqvgn^r`{j�qlr�pr`gbjqnvi[jlrmh\elro�qvj�bg^qljqZavj�tfhfZavjpql�TZl�RZlhl��mnlpe[qljq^o��<Gbje^�abtqlzib�j^�`]jbf�g^j[j^�mn^�kfgymdi^�pqdj�En^cfh]^=�g^f�pqdjlrp]^� m^jq{jq^o�pql�bn{qdi^� f^q]pqdj�m^qn]a^�i^o�jli]clrib�mvoaf^adh{pbfo�pqdj�En^cfh]^� ]jljq^fiyjlj�bj^jq]lj�qlr�mlhfqfglz�mlrZhh^kb�qd�il]n^�qdo� t^jlzo�t{n^og^f�qlr�lml]lr�ql�ib`^hzqbnl�bm]�qbr`i^�\q^j�ql�mny`n^ii^�<�1.4%�%/;.,%=�mlr�pqytl�b]tb�j^�bjfptzpbfglfjvj]bo�ib�[jqljd�m^n^_^qfgyqdq^g^f�sq{tbf^��mnZ`i^q^�^m^`lnbr�i[j^� f^�yplro�ebvnlzp^j�?g^f�eb�vnlzj��qd�jyqf^�Dibnfg\�m]pv� rh\qvj�IRD�

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

Ul�pgdjfgy�pqdj�En^cfh]^�eri]cbf[jqlj^�HhhZa^��g^e{o� m[j^jqf�pqdjOq]hi^�g^f�qlj�Mlzh^�rmZntlrj�[j^[jqlj^�mlhfqfglmlfdi[jl�afg^pqfgyp{i �g f�ib Zh �pr`gnlq\i q �NNHg f�<gZmlflf=�mlr�ebvnlzj�yqf�lf�prj�e\gbo�[tlrj�mh[lj�vnfiZpbf� f^�qdj^j^qnlm\�qlr�mnl`nZii^qlo�glfjv�jfg\o� j^af^jli\o�mlr�bsZnilpb�l

Mlzh^�ib�qdj�bghl`\�qlr�pqdj�mnl�ban] �ql�����ymlflo�eriZq f�qf�[ fjbba{�ql�<_nyifgl�@��=�imlnb]�j^�er�ideb]�g f�qf� glhlzedpb��qdhblmqfg[oZabfbo��gfjdq\�qdhbsvj]^��fafvqfgl�mlf\pbfo�� mbhbre[nvpd�qdo� `lnZo�tndi qfpq\nfl��k^jZ�fafvqfglmlf\pbfo�`bni^jfg[o�<bmbjazpbfo=��afZhrpdglfjvjfglz�gnZqlro�ghm�ghm��ibZhh �hy f �imlnlzib�j �g q hZ_lribmlfl�b]j^f�ql�mn^`i^qfgy�mny_hdi^ib�qlj�Mlzh^�g^f�qd�Oq]hi^>R^h fyqbn �pqd�h^qfjfg\�Dibnfg\

af^a\hvj^j�tqrm{jq^o�g^qp^nyhbo�q{n^�pqdj�En^cfh]^�md`^]jlrj�pq^^jqfgr_bnjdqfgZ�prhh^hdq\nf^�pr�jlabryibjlf� my�q^�pgrhZgf^�g^fq^�ivnZ�qlro�g^f�qdj�^m^n^]qdqd�i^znd���jq^jqZ����D`^mZbf�l�ebyo�qlj�gh[sqd��yivo�

^`^mZbf�g f�ql�jlfglgznd�g f�q �_n^�cfhfZjfg �i[p �glfjvjfg\o�afgqzvpdog^q^ghzpqdg^j�^my�bfgyjbo��ymvoqlr�hbrglz�cbr`^nflz�pqdj�Km^j[i^ib�qfo�bejfg[o�pqlh[o�qvj�af^adhvq{jg f��mfl�m]pv��qdj�rmdn[qnf �ib�hbrg\pqlh\�g^f�[j^j�gZqlfgl�qlr�S]l�jqbUc^j[wnl�j^�ptlhfZcbf>�<J[hv�m]pvqd�t{n^�ilr��[qpf�{pqb�j^�[tv�qdjrmdn[qnfZ�ilr�g^f�bgb]jd�j^�idj[tbf�afg^f{i^q^=�Rfpqyo�pqfo� nt[o�mlr�rmbn^pm]�

pqdgb�pb�lhyghdnd�qd�cv\�qlr��lmn{dj�mnybanlo�qdo�En^cfh]^o�Mlr]oKjZpfl�Mlzh^�jq^�T]h_^��lng]pqdgbrmlrn`yo�g^f�rmlpq\nfkb�yqf�rmb�n^pm]cbq^f�qd�adilgn^q]^��ifh{jq^opb�if �i^cfg\�pr`g[jqnvpd�mlr�afln�`^j{edgb�rm[n�qdo�gr_[njdpdo�pqlTZl�RZlhl� f^�qdj�lml]^�abj�iZe^ibpqdj�HhhZa^�^my�q^��g^qZ�q^�Zhh^�mlhrsvjfgZ�NNH�g^f�g^q^hZ_^ibg^hZ��e �b]j f�myhbilo�i[tnf�bptZqvj�ib�qdj�[g_^p\�qlr�j^�gn]jbf�qfo�ibh�hljqfg[o�bkbh]kbfo��b]qb�mnygbfq^f� f^qd�h^qfjfg\�Dibnfg\��b]qb�mnygbfq^f`f^�qdj�Hrn{md���

������������������� j^gl]jvpd�qdo� zkdpdoqvj�ln]vj�prjq^kflayqdpdo�b]j^f� j^`g^]^ibqZ�qfo�bghl`[o��adh{jbf�mn{dj�rmlrn`yoQfgljlifg{j�9:./,.��������Q�myhbilo�`f^�qd�adil�gn^q]^�pqd�M^qfjfg\�Dibnfg\�g^f�d�bm]ebpdqlr�jblsfhbhbrebnfpilz�mlr��gnrsZ��rml�pqdn]cbq^f�g^f�tndi^qlalqb]q^f� my�ql�g^�ebpq{o�qdo�QrZpf`gqlj>��������������9:./,.��������<IUlrng]^�mlq[�abj�\q^j�g^f�mlq[�abj�e^`]jbf�[j^o�s]hlo�qdo�Svp]^o=���������������������Tb� j^ilj\� f^�qdj^j^gl]jvpd�qvj�i[qnvj�mnlpq^p]^o�qvjqlrnfpqfg{j�ebn[qnvj�qdo�Df`zmqlr>������������ ������������R{o�j^�kbmb�nZpbqb�ql�sy_l�p^o�`f^�qdj�mq\pd�ib�^b�nlmhZjl�����������������������������RlnqlgZhf^�hbiyjf^��`gn[fm�snlrq��jqliZqbo�g^f�h^�t^jfgZ�^my�qdj�Trn]^�pqdj�Svp]^�<#"��������������������Ln[^q^�g^fqrnfZ�pqdj�Svp]^�^my�ql�T^j�N^n]jl�/1,868����������Tq^ebny�ql�ibn]aflqvj�k[jvj�bmbjarq{j�pqd�nvpfg\�tndi^�qlmfpqvqfg\�^`lnZ�������������������������U[q^nqd�rmb�n^`lnZ�^my�qdj�^hrp]a^�<�(319��(3.,0=pqdj�D`]^�Rbqnlzmlhd��#"����������������������I�pr`ghljfpqfg\pqf`i\�mlr�l�pbfpiyo�tqzmdpb�qdj� mli^�gnrpi[jd�myhd�qdo�Dngqfg\o�Oqlrjq]g^�������������������Q�Hnrenyo�Tq^r�nyo�gn]jbf� jbm^ng\�qd�afbej\� jq]an^pd`f^�qdj� jqfibq{mfpd�qdo�g^q^pqnls\obg^qljqZavj�tfhfZavj�c{vj�pqdj�Nl`�`lh]^��bk^fq]^o�qlr�srpfglz�s^fjli[jlr<':6'=��yq^j�if^�g^rq\�g^hlg^fnfj\kdn^p]^�^glhlreb]q^f�^my�[j^�_^nztbfi{j^>����������������Hn`^cyi^pqb�i^c]`f^�j^�lfglali\plrib�[j^�glfjy�pm]qf� �����������������I� j^_]vpd�qvj�lnbfj{jmbnflt{j�g^qZ�q^�qbhbrq^]^����tnyjf^�`f^�lfgljlifglzo�hy`lro�����������������Tyabo�ib�e^j^qdsynlyjbfn^�pql�R^gfpqZj>� $������������������bg^qliiznf^qyjlf�mbqnbh^]lr�bqdp]vo�^my�qdj�Svp]^pql�Ds`^jfpqZj�

�����������������UbtbnZjd�g^f�Djyf�psr�ndh^qlzj�fptrnlzo�abpilzo����������������Sbgyn�pqdj�g^q^jZhvpdg^rp]ivj�qdj�mn{qd�di[n^�qdo�Zjlfkdoib����bg^qliiznf^�h]qn^�������������������Q�mlhbifgyo�enzhloqlr�Up^jZgg^hb��yq^j� ``hfgZ�g^f� ^hhfgZmhl]^�_re]pqdg^j����������� ����Fbzpd� my�qdj�F^hh]^�i[pv�qdo�`^hhfg\o�glrc]j^o�������������� ������Uf�b]j^f�g^f�qf�e[hbf�qlfph^ifgy�gnZqlo����������� ���������Qf�mlhfqfpqfg[o�bg�adh{pbfo� f^�ql�Ob_nyc�pqdj�Nmfh^plr_Zn����9:1����������Nbhflb]avpd�� gyid[j^o�e^j^qdsynlo�fyo� ]jbq f�if �m^`gypif^mbfh\� �������������Q�fbn[^o��delmlfyo�g^fbkZabhslo�qlr�L^qp]jpgf>������������������������ ��������Nmlnb]�d�_flhl`fg\�`bvn`]^�j^�nfc{pbfpqdj�Mbrglnvp]^��������������������Pbg]jdpb��ymvogZeb�tnyjl��ql�afbej[o�ilrpfgy�sbpqf_Zh<bmfpqnls[o=������������������ ������Ff^q]�ql�mh[kfilb]j^f�mlhz��mlhz�tn\pfil�`f^�r`fb]o�g^f^nn{pqlro������������ �������I�^jZ`gd�glfjlz�ib�q{mlr�^my�qlro�bgqnlsb]o�mnl_Zqvj>��������������������E^jqZ^�Hhp]jgf�ql�g^hzqbnl� bnlanyifl�qdo�_ynbf^o�Hr�n{mdo������������������������Ul�mfl� gnf_yaf^i[nfpi^�qdo�Tg^jafj^_]^o�������������������������Xvn]o� ngbq\rmlpq\nfkd�q^�m^fafZ�ib� j^mdn]bo�� gyidg^f�pq^�gn^qfgZ�bfafgZ�ptlhb]^�������������������������Qf� jqfpri�_^qfg[o�i[elalf�qlr�Nfq�Syijbw�`f^�j^^mlghb]pbf�qlj�Un^im>��#"��������������� ������� ����R^�n^qdn{jq^o�[j^j�plrmbnjy_^�ib�qdhb�pgymfl�`f^�mn{qd�slnZ>63���������� ������� ����Ul�a{nl�mlr�abj�gypqfpb�q]mlq^��qdo�L[wq�N]jqhbqljpq^�`bj[ehf^�qdo�_^p]hfpp^o><#"������������ ������� ����Rlf^�g^fmyp^�m^rp]mlj^�mn[mbf�j^�m^]njbqb��")������������������� ������Nb�ql�^r�

qlg]jdql�pqd�alrhbfZ��Nmlnb]qb�j^�mZnbqbm[jqb�gfhZ�m^n^mZjv��"��������� ����������Qf�sy_lf�qvjEnrkbhh{j�[`fj^j�mn^`i^qfgyqdq^������� �������h[j^�Nhyi��d�j[^�Fbn�i^j]a^�Nfo�J^zi^���������������������� ������<QHnjql`Zj�e[hbf�j^�b]j^f�TlrhqZjlo=���������������� ������I� isfhb`yibjdbm[gq^pd�qvj�lafg{j�g^f�pfadnlanlifg{jafgqzvj�qlr�Ebnlh]jlr>/�������� ����Nmlnlzj�j^�bjq^telzj�q^m^fafZ�ib�\mf^�jldqfg\�g^erpq[ndpd�pq^g^jljfgZ�ptlhb]^������������������Uf�bjlthb]�mbnfppyqbnlqlro�lad`lzo�pqdj�Nmn^qfphZ_^����������������Ff q]�l�Nm[njf�Hghbpqylrj<ifpb]=�qlro�`flro�qlr>��������������Qf�Qz``nlf�m^]gqbo�tygbwpql�R^`gypifl�Lzmbhhl>������������������Qf�SlriZjlf�mlrbn`Zcljq^f�pqlj�qli[^�qdo�`bvn`]^o�pbmhlrpfyqbnbo�t{nbo��������������Qf�ghvpqlxs^jqlrn`fg[obmftbfn\pbfo�mn[mbf�j^�bmbjazplrj�pbpz`tnljl�bklmhfpiy�� j�e[hlrj�j^� ]jlrjmfl�m^n^`v`fg[o>���������������U^���^�`bj[ehf^�qdotlnva]^o�qdo�Elrh`^nfg\o�Hejfg\o�S^�aflsvj]^o���9853<34.�/1530:.,38=��� �����R{o�dm^qn]a^�qlr�L^jqZsf�[`fjb�mnlmzn`fl�fp�h^ifpq{j>����������������Tq^�t[nf^�Lfj[cvj� f�`Zjqvj�q^�^h_^jfgZ�mbqn[h^f^�������������������� �� ��������Ig^q^a]gd�m^q[n^�g^f�`flz�`f^�ql�_f^piyqdo� j\hfgdo�gyndo�g^f� abhs\o�qlro� myql�bm^ntf^gy�afg^pq\nfl�qlr�Oqlimyf>�������������������Gzl�ytf�g^f�qypl�pr�jdefpi[jbo�prjq^`[o� f �q � _`Z�pql�qn^m[cfqlr�RZpt^�������������� ����I�brglh]^�j^�mZnbfgZmlflo�if^�Zabf^�la\`dpdo�brezjbq^f`f^�qlro�mbnfppyqbnlro�^my�qlro�ifplzoe^jZqlro�ilqlprghbqfpq{j�� ����������������Vmlu\sflo�a\i^ntlopqdj�S{id>�<Rlflo�b]j^f�mfl�dh]eflo� myqlro�Zhhlro=��� ���������������Djbk[hb`gqlf�lf�lrn^jl]

qdo�Hrn{mdo�ibqZ�qfo�bmfe[pbfo�pqfo�Enr�k[hhbo>���������������������� �� ����Ff^q]lf�mbhZqbo�qdo�<#7,44&1/=�[tlrj�mnl_h\�i^q^�ib�ql�<�(5).,8=����"��������������Ch^�yp^�mn[mbf�j^�k[�nbqb�`f^�q^�srqlsZni^g^����-����������������<�%/(310(8,5=�mnfj^my�ql�<�3(8,5=�����"� �������������Eynbf^�Hrn{md��[j^ovgb^jyo�brdibn]^o����%��������������H]j f�g^hzqbn �j �avn]pbqbql�pm]qf�ypl�cb]qb�\�j^�^s\pbqb�if^�ghd�nljlifZ�����������Nbq^kz��g^f����qvj� i�mbhf{j�qlr�SfltZj�e^�imlnlzpb�j^�mb�eZjbf>�%����������!"����������������Gn^pqdnfyqdqbo��af^pg[a^pd�g^f�bgm^f�abrqfgZ�bn`^pq\nf^�`f^�q^�m^fafZ�pqdjE^ngbh{jd����������!"��������������������I�bm]�ebpd�pqdj�brnvm wg\�pqn^qfvqfg\� mlpqlh\pql�NZhf>������������������Qf�mbnfppyqbnlf^my�qlro�mnlmljdq[o�qdo�mn{qdo�g^qd�`ln]^o�abj�\q^j�mlq[�afbejb]o�mlalps^f�nfpq[o>����������������QimZi^��<Qf�IRDrmbn^pm]cljq^f�ql�afg^]vi^�qdo�Llz_^oj^�^mls^p]plrj�ql�i[hhlj�qdo=>�������������������Elrhbrq\o�g^q^`�`[hhbf�`f^qny�`f^�pbklr^hfgZ�b`gh\i^q^pqdj�Whlnf^jymlhfo�� �����!"�� '����������������Ul�TZlRZlhl�rmy�qdj� mbfh\�qdo�gn]pdo�qlr�jb�nlz>�������������I�L]j^�pri_Zhhbf�pqdj^jZmqrk\�i^o����������������������Nb`Zhbo�bh�hb]ubfo�pb�gnbiizaf^�g^f�jqliZqbo�� ��������������������Tqd�pgfZ�qlr�m^�n^ab]plr�l�Uyi^o�NZqlo��[j^o�pmlra^]lopr``n^s[^o�qdo�hl`lqbtj]^o�qdo�Qrnlr�`lrZdo>�'(���������� �������Ul�qlm]l�g^f�dmnlpbrt\�qlr�RZpt^�pqdj�<�%*60%�'(.�,%/%05(=���������������� �������Hfndjbrqfgyo�afZ�hl`lo�ibq^kz�qvj�<��"�=�g^f�qdo�gr_[n�

jdpdo�qdo�Llhli_]^o�pqdj�Llz_^��ib�qdpriibqlt\�qvj�IRD>�%����������� �����Xndpfilmlf\pqbql�tnrpy�pqd�af^gypidpd�qlr�pmfqflzp^o����%����������������Rbnlr_f^jl]�u^nZaboib�bgndgqfgZ�pq^�tvnfgZ�za^q^�qdo�Xf�h\o>�%��������������������U^�lafgZ[n`^�mlr�e^�_bhqf{plrj�qd�prjabpfiyqdq^qdo�Djqfygf^o�ib�qdj�Ucfn^njqyq^��%��7���������� � ��� ������bg^qliiznfalhZnf^�`f^�qdj�^`lnZ�s^niZgvj�g^qZqlr�g^ng]jlr�^my�ql�bkvqbnfgy���������������I�Llz_^�ibqZ�qdj�bm]�pgbud�QimZi^�����"��������������������Ff^q]�abj�`]jbq^fp\ibn^�ql�g^nj^_Zhf�pql�Rlnq�l�Rnbjo>� ����������� ������Qf�^rqyteljbo�qlrUpbnZj� mlnn]mqlrj�qdj�[jq^kd�pqdj�bjf^]^afl]gdpd�� ������������������Rnlqbn^fyqdq^d�lafg\�^psZhbf^�`f^�qdj�Hejfg\�Dpqr�jli]^�<#"��'(��������������������Unbfo�Tznlfg^qd`lnlzjq^f� my�qfo�IRD� f^�pbfnZ�bmf�e[pbvj�pqlj�gr_bnjlt{nl��#"���������������������Dj^cdq{jq^o^g]jdq^�pq^�jdpfZ�Fgn^j�L[fi^j����#"��������������������������Q�myhbiloyhvj�bj^jq]lj�qdo�Ulrng]^o������������������L^f�d�myhd�ib�qd�tbf�nyqbnd�grghlsln]^�pqfo�IRD�b]j^f����qlMlo�Ajqcbhbo����������������������Do�_nlzib[j^j�qnyml� f^�j^�bm^j^s[nlrib�pqlj�ml�q^iy��ghlzej^�ql�plhliy����#"������ &!�������������Hhm]cljq^oj^�kbsz`bf�^my�ql�pq]`i^��d�idq[n^�qlrfph^ifpq\�i^tdq\�^s\jbf�qlj�L^j^aZ�5.>42�261:2;3.�������U^�mlhfqfgZ�g]�jdqn^�m]pv�^my�ql�q^k]af�qlr�QimZi^pqdj�Llz_^>������������������Lfj\pbfo� f^�j^�pq^�i^q\pbf�d�^m{hbf^�qvj�rmy`bfvj�raZ�qvj>�����������������������������Tr`gn^qdi[j^� fpfyalklf�lf�priibq[tljqbopqdj�[gebpd�<�35��%4(.=�qlr�Xlj`g�Llj`g�m^nZ�qfo�g^g[o�g^fnfg[o�prje\gbo�g^f

qfo�arpl]vjbo�lfgljlifg[o�mnllmqfg[o������������������������Ff q]�lf�Lfj[clfe[hlrj�j^�mZnlrj�q^�Zjed�qdo�gbn^pfZo^my�qdj�K^mvj]^��#"�������������������������������O[^�<,!+10(=�ptbaf^pi[j^� f^�ifgnlpgl�mfgZ�t[nf^��������������������� ��bq{j�d�ib`^hz�qbnd�qnZmbc^�pqdj�Kjaljdp]^����������������������� ���Qf�g^q^j^hvq[ohf`yqbnl�^m^fpfyalklf�ql�l�qn]idjl�qlr��������������������������Uf�lad`b]�qlro^jen{mlro�j^�e[plrj�qd�cv\�qlro�pb�g]j�arjl�`f^�if^�<4(.),(=�������<361���������U �aZpd��`g^per^iZh^qdo�Kja]^o�pql�m^`gypifl�a]gqrl�^mleb�iZqvj�_fyps^fn^o�qdo�<$��#� =��%����������������M]_^jlo��d�m^qn]a^qvj�^ml_h\qvj������� ����������� ������� �����R^fa]� my�qdj�Trn]^�mnf`g]mfpp^� f^�if^i[n^������� ����������������I�Dfeflm]^tnbfZcbq^f�� ����alhZnf^� f^�qdjm^nlt\� jenvmfpqfg\o�_l\ebf^o�pb�mZjv^my��bg^qliiznf^�^jen{mlro�mlrmh\qqljq^f�^my�qdj�kdn^p]^�������������������������tnljl�^`ynfrml_h\edgb�pb�tbfnlrn`fg\�bm[i_^pd`f^�j^�qlr� s^fnbeb]�if^�ps^]n^�mlr�a[t�edgb� m�af pq^rnlzibj^�mrnZ�priilnf{j�bj{�[m^fcb�������������������Ff^q]�d� n]md�tqrmZbfmbnfppyqbnl�qlro�Zjanbo���������������������Bnbrjbo�qdo�<����=f �qdj� jZebpd�qlr�R^`glpi]lr�Lrm[hhlrqlr����pqdj�Fbni^j]^>.%�����������������Qf�e^hZppfbo�pqn^�qfvqfg[o�^pg\pbfo�i^o�ib�qd�priibqlt\qvj�IRD�g^f�qvj�Ijvi[jvj�Dn^_fg{jHifnZqvj�����;���:�������������Mlrg[ql�pql�hfiZjfMbibplz��^my�qdj�bm��^ynfpqlj�^mbn`]^qvj�rm^hh\hvj�qdo�Dnt\o�Mfi[jvj�mlrcdqlzj� j^_lh\�qdo�prc\qdpdo�qvj�g^jl�jfpi{j�mlr�nrei]clrj�qdj�fafvqfglml]dpdqlr�gn^qfglz�hfi[j^��i[tnf�qd�jlifg\�af^�psZhfpd�qvj�bn`^pf^g{j�afg^fviZqvjqlro�

�� ����������

��������!�����������������������������������������#��������������������������������"������ ����������������������������������������!��#��������������������� ���������

��������������������� ������������������������

��!#������&���&��������������������� �����������#������"���"%��!���"� ���%"����� ������� ���"��"������"����"�������"����$"#����"��!"� ��#�����

2�1RNX+H�*CGFWFI�QC����JM**?QIC�QHO

Page 14: -5/21#%.%(05.,- 4* ˛ ˛ ˘ ˚ ˇ ˝ ˙ˆ ˇ ˛ ˆ ˜˝ ˆ˛ ˚ˆ˙˝ˆ ˝ ˘˘ ˚ ˛ˇ · ˚ ˘˘ ˜˝ ˙ ˛˜ˆ˝ ˇ%#$ # !&""# ˝ ˆ ˙ ˆ ˆˇ ˆ ˇ ˆ˘ ˇ %˚%’!˚#˛˝%˙˝

�#�����!�������&!����;:(*�89&���94:�#2&7�&5?�94:7/&0@9*64:7�54)48;&.6.89#7�94:/?814:��54:�"00&3*�94�5&(/?81.454)?8;&.64�1*�942��(.&3��

�����#��&!����54/"0:=*�?9.�4.� 4@6/4.�*%<&28:00"'*.�942�#2&�1&/*0"6,�9>2�6:3*00A2�� &00"� �#0(4.� /&.�00&2)4%�&50A7�942�";,8&2���)A54:�9&�0#1* �

�'�� �$"�����*@��%*�/H6:�:56@<@4:;/C�6=�=@>/C�;2:�2>2;B136:6C���61A6�@�6>:;KC��B2==2E/2C��8=@D:@�>@=:;0C�'@<:E:;0C��6A:;2:B@�A@:M>E2C�E8�D;<8B0�2>E:A2B.�96D8�=6�E@FC�52>6:DE/C�E@F�*2�=61@F�

����1:

+6

�1���05

4'.4�,

)2

����

���1.

40%�

.

�� �� ������� ��������������������

��� ��������������� ��

�0����� 7'+�7#1#,4)1"3'+�40�#36#�-+34+,:�82��#+4"#��0- 05 ���#+�:30�-)3+�('+�)� 1#��05�*#�,#4#4'*'"34)��05-!�0�37'4+,:2�.:02�4:30#.'$�('+�4052�4:.052���&)�40����� 7'+��104'".'+���81)��#.'--#&+,!#�'1%"#��* 3)�4).�0�0"#� 705.�,#+0+��'1+33:4'1'2��#1#4�/'+2�34)�������,:)�01%#.<.'+�&50�'%�-'2�35%�,'.41<3'+2�34).��*!.#�34+2�����#1�4"05�,#+�&50� 1'2��1+.�34).��'3�3#-0.",)����"3)2�34+2�����1+-"05�*#/',+.!3'+�#�:�4).���41#�)��01'"##. 1%8.��05�*#�,#4#-!/'+�34).��-#�4'"#��5.4�%#402�34).��*!.#���1�%#.84!2�'".#+�)�&)04+,!�#17!�4)2�:-)2�,#+�0�&!#1702��<34#2��'�-'4"&)2��05��1:3,'+4#+��:�82�'".#+%.834:�340������

��:-'02 �%+#�40#36#-+34+,:

�--#%!�340�5�051%'"0�/84'1+,<.

���� �!���$���#�!"#�$!�������'!

&�'BK65B@C�E8C��8=@;B2E12C�E2�61A6�KD@�A:@;292B.�=A@B@LD6�DE@>��<32>K�FA@FB4K��?J�E6B:;M>�%E:E=1B�[email protected]:�4:2�E8>�2>.4;8AB@DE2D12C�EJ>�@=@46>M>�=2C�A@F�7@F>�DE8>�<32>12���*@�56LE6B@�61>2:�8�;2<LE6B8�=6E2�H61B:D8��@�A<0B8C�D632D=KC�EJ>��:;2:J=.EJ>E@F��>9BMA@F�D6�K�E:�2G@B.�E@FC�@=@46>61C=2C�DE8>��<32>12��$8>�?6H>.E6�KE:�8��<<.52/H6:�DF=A6B:G6B961�DE8�=64.<8�2<32>:;0�;@:�>KE8E2�A@F�3B1D;6E2:�65M�DE8>��<<.52�;2:6B4.76E2:�>@=1=JC��K<2�2FE.�E2�HBK>:2�=6�E@>;2<LE6B@�5F>2EK�EBKA@��'B@D3</A@F=6�;2:6=61C�D6�=:2>�2>E1DE@:H8�=6E2H61B:D8�EJ>�@=@�46>M>�=2C�=6�3.D8�E2��:;2:M=2E2�A@F�E@FC5:2DG2<176:�E@��:69>/C��1;2:@����:2E1�=1<8D6/ED:�@�'2F<KA@F<@C���:2E1�61H6�FA��KI:>�E@F;.E:�E6<6FE216C�6>/B46:6C�DE8�46:E@>:;0�HMB2��AJC�4:2�A2B.56:4=2�E:C�D;/I6:C�;.A@:J>DE2�*1B2>2�4:2�2G21B6D8�6;<@4:;M>�5:;2:J�=.EJ>�2AK�3@B6:@8A6:BME6C�A@F�7@F>�;2:�6B�4.7@>E2:�DE8>��<<.52��2<<.�8�=K>:=8�;2E@:;12E@FC��8�A2EB@4@>:;0�E@FC�6DE12�4:2�>2�</=6E2�AB.4=2E2�=6�E@�K>@=.�E@FC�61>2:�DE8�46:�E@>:;0�HMB2����2;K=8�;2:�;.A@:6C�6>/B46:6CEJ>�2<32>:;M>�2BHM>��A�H��;2E65.G:D8�6;�;<8D:2DE:;M>�;E:B1J>��E8C�&B9K5@?8C��;�;<8D12C�D6�A6B:@H/C�E8C��@B61@F��A61B@F��

�������������9,7����89,2��:((64@�6>9$8&1*�(.&�9&�9*�/9&.2?1*2&�894�<A64�)*3.?9*6&�94:�/?11&947�*.856"99&1*1.&�&5"29,8,��/&615?2�&5?�?04:7����*2�1&7�&;46"�94-#1&��*1"7�1&7�*2).&;#6*.�94�1#0042�/&.�,�8:85*%6>8,89*0*<A2�9,7��*2964)*3."7����1>7�?9&2�8:2*<%+&1*�9,2

/4:'#29&�?04�/&.�1&7�6>9"(&2*�9.�(%2*9&.�/&.�5>7�-&*/;6&89*%�4�<A647�89&�)*3."�94:7���5?�9,�1.&�1*6."�),0A24:2&).";464.�/.�&5?�9,2�"00,�="<2429&.���*�):4�0?(.&���:9?54:�0#*.�4�84;?7�0&?7����/&6)4@0&�94:7�94�3#6*.�5?8494:7�24."+*.�

�*2�<"2*.�*:/&.6%&�,�56A,2:54:6(?7�/&.�*:6>'4:0*:9$7�&6.#99&��.&22"/4:�2&�),0A2*.9,2�5&64:8%&�9,7�?<.�1?24�1564�89"�89&�(*2./?9*6&�540.9./"�+,�9$1&9&��&00"�/&.�89&�9*/9&.2?�1*2&�89,������&.�?9&2�1.0"*.�(.&9&�(*2./?9*6&�540.9./"�+,9$1&9&)*2�).89"+*.�2&�).&;46454.*%9&.&5?�9,2�*5%8,1,�(6&11$�94:/?11&9?7�9,7���&�-:1%84:1*�9,�-#8,�9,7(.&�94�-#1&�94:��."22,��4:+"0&�� 4�/?11&

9,7�+,94@8*�9,2�5&6&%9,8$�94:/.�&:9$�)$0>2*����64;&2A7�94*%5*�*2�9,�6@1,�94:�0?(4:���&/A7(%2*9&.�9?84�1*("047�-?6:'47�(.&9%�&/6.'A7�&:9?7�4�-?6:'47*%2&.�8&2�2&�9*%2*.�2&�&54)*%3*.?9.�89,2��00")&�:5"6<*.�).<4�(2>1%&�(.&�94�&2�56"(1&9.�56#5*.2&�*%2&.���&/*)42%&�$�?<.����&.)*2�*%2&.�,�1?2,�).&;46454%,8$

9,7�&5?�9,2��(&0"+.&�/411&9./$�(6&1�1$��

���(����#����� �$"���#�!

�!-"*�$-8239��81�(�+0*3*+ ��/4�"2+&!3/�����23(-�+4#�0-(2(�$*"�3/��0/�254$*+9�&!-"*��/,:�2+,(0 �����"43/:13/41�39-/41� 3"-�+"*�3"�92"�&!�&�/�( 30(1��/432/:�"1�23(-�&�!�2+&7 �3/4�23/�,*�-*�3/4��&*0"*�+"*�23/-�+"3"4,*29�38-��0/25:$8-23/��6*239���81�/*�2+,(0/!�39-/*%&-�3/-�&�9%*2"-�-"��6&*�*"�/4�2*"23*+ �24' 3(2(��2"�2&�+",9�+,!�"��$*"�3/��09#,("�&�3/-�"-"�,(�083 �4�/40$9��"43*,!"1��/%80 �0!32"�+�3*��/4�2(&!82&�+"*�/�!%*/1/�$&-*+91�$0""3�"1�3/4�����,��$/-3"1� �!6"&�*"�92/�$!-&3"*�"-"�,43*+ �&-(�082(�23/�4�/40$&!/$*"�3"��0/#, "3"�26&3*+��&�3/41�09254$&1����"09-3&1�23(�24' 3(2( 3"-�/�"06($91�3/4��*&-*+/:��;�"3/1�"-3*-":"06/1��3�����3(1�+"*/�"-3*�&0*5&0&*�06(1��*;0$/1��"�#0!,(1���&�3/�0&*"����"#0!,(1�$*"609-*"��09&%0/1�38-�&0$"'/�-8-23/-������ 3"-�23�,&6/1�3/4�����60*�3/��������&3���0/26;0(2&23/��4-"2�*29��&.&,�$(�"-3*�&0*�5&0&*�06(1�&�3(-���-"��/:0/4�",,��"�9�3/��&0"2�-/��)*-9�80/"- +&*�23(�������"*�3;0"�."-"#0�)(+&&�3/-��/432/:�"�23/�!%*/�30"��'*&3��"�9����609-*"�

���8.34#.4".02��0;41#2��05�40.%.81"3#'�82�',�1:38�0�405�5�051�%'"05��/84'1+,<.�.#�&+#7'+1"('4#+'%�-#�()4!#4#�&"�-#�340.�5�051�%:��",0��04(+��'40+�('+�4+2�$#-"43'2405�%+#�4).�� #��:1,)��:�05�*##.#-�$'+�4)�* 3)�405�%'.+,0;��10�/ .05���0+:2�*#�40.�&+#&'7*'"����41�402��5*5"05��05��10'40+#�(:4#.�%+#�4)�* 3)�#54!�'.<� 7'+�109�)1'3"#�34).��83"#�,#+�4).�051,"#�

�+#�71!3+)�35(!4)3)

$6� =:;B0� =61JD8� E8C�AB.D:>8C��'�)"���=642�<LE6B8�E8C��42<.7:2C�����"��A@F�5:2DA.DE8;6�;2:;2E/38;6�=6�5L@�A2B2E.�?6:C��=:;B0�2L?8D8�E@F�;K;;:>@F��'�$��;2:�E@F$�*��A@F�6;GB.76:�5F�>.=6:C�E@F�)+(!���;2:E8C�#����@<@;<8BM98;2>@:�6B42D16C�E@F�DF>65B1@FE8C��)����'.>EJC�@:�5F�>.=6:C�E8C�'�)"���'2�>24KA@<@C��;2:�E8C���"��5:2E8B@L>�E8>A<6:@I8G12��)F>@<:;.��I0G:D2>����2>E:�ABKDJA@:�;2:�3B/98;2>� ��/4;FB2�I8G@�5/<E:2��2AK���/4;FB2�DE:C�AB@84@L=6>6C6;<@4/C����:5:;KE6B2�D6�I0G@FC�;2:�/5B6CA0B2>��D6�A2B/>96D8�E2�2A@E6</D=2E2�E@FAB@84@L=6>@F�DF>65B1@F���'�)"�������I0�

G@FC�;2:����/5B6C���� ;2:�� ���'@D@DEK���2AK��������)����I0�G@FC�;2:����/5B6C��2AK���I0G@FC�;2:����/5B6C�'@D@DEK� ����� 2AK������"��� ��I0�G@FC�;2:���/5B6C�����;2:�����'@D@DEK������2AK������$�*���ABM8>��FEK>@=8�'2B/=32D8�����I0G@FC�;2:���/5B6C����;2:�����'@D@DEK������

2AK��������%/2��8=@;B2E:;0��>6?.BE8E8"1>8D8��B427@=/>J>��%/2���"������I0G@FC;2:���/5B6C��'@D@DEK��������$�!)����I0�G@FC�;2:���/5B2���;2:����'@D@DEK�����2AK����������4J>:DE:;0�*2?:;0��>KE8E2��� I0G@FC�;2:�;2=:.�/5B2���;2:�;2=:.���'@D@DEK�� ��2AK�������

���+#..�,05

��1=2:�23/32:@C�;2:�2ABK3<6�AE@C��50<JD6�@�'2>24:ME8C-J=:.58C�KE2>�E@>�BME8D2>2=/DJC�=6E.�E8>�A2B@FD12E@F�DE8>�@=:<12�E@F��:MB4@F"2B2E72G/B8�DE@��6<<156:@DE8>� 6DD2<@>1;8��"2:�6?0�48D6����A6:50�A@<<.�4B.GE8�;2>�;2:�2;@LDE8;2>��9/<J�>2AJ�AJC�D0=6B2�61=2:�DE8�%���6>�?/BJ��K=JC��2>�8�%��61>2:�=271=@F���FEK�D8=21>6:�AJC�E@�A@<:E:;K

=@F�=/<<@>�61>2:�23/32:@�;2:2ABK3<6AE@��)6�;.96�A6B1AEJ�D8��8�KA@:2�2AKG2D0�=@F�92<8G961�2G@L�ABME2�=:<0DJ��KAJC�A.>E2�/;2>2��=6�E@FCA@<1E6C�E8C� 6DD2<@>1;8C�;2:@<K;<8B8C�E8C�$2;65@>12C��'MC�2<<:MC�>2�E@�/<646�@�.>�9BJA@C�AJC�;@F>@LD6�E@�=2>�E1<:�;:�6E@:=27KE2>�4:��.<<6C

HMB6C�;:�.4>JDE2�>6B.�A@F�</6:�;2:E@�EB24@L5:�

��$��������#���

����#���#�����'�����'@L�E@FC�H.>6:C�A@F�E@FC3B1D;6:C�E@FC�3@F<6FE/C�E@F'�)&"�;2:�E@F�'@E2=:@L�K<@�A8425.;:2�DE@�;2G6>61@�E@FC�5:25BK=@FC�;2:�E@�6>�E6F;E0B:@�E8C��@F<0C��*:;@F36>E:.7@F>���F=M>@>E2:4:2�DF>6B42D12���FE@1�A@F6>5:2G/B@>E2:�A6B:DDKE6B@�E@F<.H:DE@>�KAJC�=2C�61A2>3@F<6FE/C�E@F�'�)&"�61>2:@:�DF>.56<G@1�E@FC�E@F�'@�

E2=:@L��A@F�2>8DFH@L>�2AK�E2�2A@E6</D=2E2EJ>�58=@D;@A0D6J>��"2:�E:�</>6���<<@:�61>2:=6�E@>�6>:21@�A@<:E:;K�DH8=2E:D=K�A@F�AB@E61>6:@�,.B8C� [email protected]�;2:�.<<@:�=6�E8�H2<2B0�DF=�=2H12�A@F�AB@;B1>6:�@� 6@5JB.;8C����@FD12A.>EJC�61>2:�AJC�;.E:�I0>6E2:��

��������� %"��#�����"��"�

� ���"��� .7�9*0*:9&%*7�1#6*7��?84.�5&6&/404:-4@2).";46*7�.8948*0%)*7�54:�*/;6"+4:2�).";46*79"8*.7�9,7����-&�#<4:2�5648#3*.�/"54.*7&00&(#7���400#7�54:�1#<6.�9A6&�<9:54@8&2942��,9849"/,��94�(@6.8&2�94�'.40%�� A6&942�89,6%+4:2�/&.�1"0.89&�<9:5"2*�&0@5,9&/"-*�"004�56?8>54�54:�-&�15464@8*�2&942�&1;.8',9$8*.���%2&.�<&6&/9,6.89./?94�5&6")*.(1&�.8948*0%)&7�54:�1#<6.�9A6&*3#;6&+*�9.7�&5?=*.7�94:�!&$04:��6&2.).A9,�/&.�3&;2./"��*2�?=*.�/&.�9>2�).*6(&8.A2(.&�94�2#4�/?11&�)*3.?9*6&�9,7����'($/*1*�9%904���64)48%&�*.7�'"647�9,7�����/&.1"0.89&�1*�5648>5./$�*5%-*8,�/&9"�94:�A89&��&6&1&20$�54:�4@9*�0%(4�4@9*�540@942�/&9,(46*%�?9.�'6%8/*9&.�5%8>�&5?�942#4�/?11&����54.47�9&3.)#=*.�89,2��"2,/&.�5*6"8*.�&5?�9,2��6*?540,�-&�)*.�89,2/*296./$�50&9*%&�9,2�*5.(6&;$�54:�&2&;#6*.

?9.�&5?�*/*%�4��*96?15*,7��&:641.<"0,7/$6:3*�9,2��5&2"89&8,�94:�����89.7���&69%4:���%(&�<.0.?1*96&�5.4�/"9>��8945&6&0.&/?��#4��%9:04��#2&7�"0047��*5&�2&89"9,7��4��*96?15*,7��&6&1&20$7�;&%�2*9&.�?9.�/$6:3*�9,2��*5&2"89&8,�9,7�*3."7���&6#&�1*�54004@7�;%04:7��/&.#<429&7�894�96&5#+.�/&1."���&6."�/.0"�/>�04<9@5*7��15&6154@2.&��<9&5?).&�/&.�[email protected]:6"/.��4�56A,2�56?*)647�9,7����5*6�

24@8*�/&0"�94�96.$1*64�9>2��54/6.A2��5*.)$�564;&2A7�*/*%2,�,�5*6%4)47�*%2&.,�/&0@9*6,�(.&�1&8/&6")*7��;&%2*9&.�2&#)>8*�94�56"8.24�;>7�(.&�9,�),1.4:6(%&*2?7��)*3.4@��/?11&947�89&�)*3."�9,7�����546*%�9.7�/>04<9@5*7�/&.�9&�:5?04.5&-&0&88.2"�2&�9&�<A2*=*�*@/40&�8��&:9$29,2�*/)641$�94:��8:2,-.81#247�*%2&.�"00>89*2&�/?'*.�'?09*7�1&/6."�&5?�94��&3%14:��&00"�;&%2*9&.�?9.�)*2�1546*%�2&�<>2#=*.1*�9%549*�?9.�5.&�94�/?11&�)*2�94:�&2$/*.��9.�4.��*4),14/6"9*7�942�#<4:2�).A3*.�*)A/&.�<6?2.&�/&.�?9.�50#42�4.�&54;"8*.7�54:0&1'"2429&.�)*2�&549*04@2�$�94:0"<.8942)*2�56#5*.�2&�&549*04@2��&29./*%1*24�96&�5*+.A2�1*�/4=%).&�89&��*8?(*.&�$�1*�=&6./"89,2��"2,��������&6&1&20$7��8@1;>2&1*�50,64;46%*7��#<*.�)A8*.�94�56"8.24�;>7(.&�9,�),1.4:6(%&�94:�/?11&947����

����8+�&)2

Page 15: -5/21#%.%(05.,- 4* ˛ ˛ ˘ ˚ ˇ ˝ ˙ˆ ˇ ˛ ˆ ˜˝ ˆ˛ ˚ˆ˙˝ˆ ˝ ˘˘ ˚ ˛ˇ · ˚ ˘˘ ˜˝ ˙ ˛˜ˆ˝ ˇ%#$ # !&""# ˝ ˆ ˙ ˆ ˆˇ ˆ ˇ ˆ˘ ˇ %˚%’!˚#˛˝%˙˝

����� �������� ������ ��

����� �����4�60��22.4,9�?.=':6<4�� ������/(�<76:;6B4�;09�:<4%7,0,9;@4�(76=$:,C4�;6<9��%2,*,��A0372,�(7A�;6 ��������'4(0786*8(33(;0:3%469�

�.,�)�*�'�&�����(�(4(2$),0�78@;6)6<2'(�*0(;.4�(4(:B4;(5.�;.9��,4;86(�80:;,8$9�-.;$�(7A�;64��C:;(�.3';.�6��,@4'+(9��8.*68$169��=6B�,8*$-,;(0�*0(�;.4 ��,4�;86+,50$��/(�1$4,0�+072&�)$8�+0(

��#+,)(-����+>�<->�9J;;0�C>��!#&�(�*��704/<08�4D@HB94?C898BC89J��:-48�>�8L@2>A�?>D�0<056C,�;80�34KC4@64D908@/0��'0<,�4<0<C/><�CH<�%<6�;></H<�908�C>D�4D@L�

���

8)��

+%�

����

!/!2

&!4

�/'0

����

'� 2

'0

����� ������������������������������

������� ���� ������

���� ���� ����

���� ���� ����

���� ���� ����

�!&,)#$� !%,���!# �+!.&������������������������������

��&���"�!+���,"*�������;.4� (4(*1(0A;.;(:<*18A;.:.9�30(9�4%(97(8$;(5.9�76<�/(�5,�7,84$�;(�A80(�;.9�:.�3,804&9���.3618(;01&9�<37(8$;(5.9��:<3=C�

4.:(4�;(�����:;,2%>.�;.9�������76<�7&8(43%869�:;.4��(4,22(+01&��<4+0$:1,?.�;6<1A33(;69���5%2,5(4�,7':.9�4%(�.*,:'(���1;,�2,:;01&��70;867&��;6<�1A33(;69���<;&�/((76;,2,';(0�,1;A9�(7A�;64�78A,+8A�;.9��(4$:.�,6>(8A76<26�1(0�;6�*8(33(;%(�����76<23�7(:$16�1(0�;(�:;,2%>.�����3608'+.��!@;���4(�:;(:'6<���-���8:%4.���7���(1(2A76<26����(8:04A������(8*(8';.���=���(*1$26<�����0(1(4;$8.������:6B1(2.�����"(2(-@4';.�1(0���"(;-.:@18$;.��;.�:<4+0$:1,?.�;6�7(8C4�%+@:(4�1(0�60

78C.4�)6<2,<;%9�����<8';:.9�����#B88(9�1(0����:6B1(2.9�,4C�+,4�7%8(:,�(7(8(;&8.;.1(0�.�,3=$40:.�;6<�78C.4�(4(72.8@;&�<76<8�*6B��86:;(:'(9�;6<��62';.��0$44.��(46B:.��$20:;(�.�,3=$40:&�;6<�1(0�.�=@;6*8$=0:&;6<�3,�:;,2%>.�;.9�������7<86+A;.:,�:,4$80(7,8'�,70:;86=&9�;6<�:;6�1A33(���0��(<;A�;6/%3(�(9�7,803%46<3,�4(�+6<3,�;0�/(�*'4,0�:;6164;04A�3%2264���64;A9�?(23A9�(22.26B0(��

�#��)�-#$(��,"*���+,#*�,"%!()�+!#*

)@>B?,7480�<0����2:8CLB48�6�& �0?J�C>DA�2@0E89>KAC6A�1>D:4DC-A�?>D�120/<>D<�BC0�C6:4?0@,7D@0?@>B?07>K<�<0�9,<>D<�>8�BD<4@2,C4A�C>D�$D@8,9>D%6CB>C,96��*4�;DBC89.�BKB94G6�?>D�-28<4�;-B0BC6<�413>;,30�>�0@F62JA�C6A�& �90C0<J6B4�?HAJ?>80�BC@0C6289.�908�0<�09>:>D74/�6�& �C>�JC8120/<>D<�BC0�C6:4?0@,7D@0�0?>CDF6;-<>8�?@L6<D?>D@2>/�908�2@0E89>/�1>D:4DC-A�;J<>�90:J�34<9,<48�BC>�9J;;0�C6A��=8H;0C89.A��<C8?>:/C4DB6A��80�<0�3>K;4�?HA�70�;4C0E-@48�>�%6CB>C,96A�B4J:>DA�0DC>KA��JC8�6�?0@>DB/0�C>DA�56;8L<48�C>9J;;0�C>DA���

���������� �0?J�C6<�0@F89.�BC@0C6289.�E0/<4C08�?HA�70�09>�:>D7.B48�0?J�43L�908�?-@0�6�& �908�>�0@F62JA�C6A���?J�C6<$D@809,C896������������-F>D;4�4?8B6;,<48�C>�:,7>A�?>D�-90<44=�[email protected]�<0�0B94/�B9:6@.�9@8C89.�BC6<�9D1-@<6B6�BC0�7-;0C0C>D�?@>BED289>K��$@8C89.�<0�0B94/C08�JF8�J;HA�90C�0DCJ<�C><

C@J?>��+8A�C4:4DC0/4A�413>;,34A�>�%6CB>C,96A�,::0=4�C09C89.�$0C-10B4�C>DA�CJ<>DA�C6A�0<C8?0@,74B6A�908�FH@/A�<0�BC6@/5480<0E-@4C08�BC8A�4D7K<4A�C6A�!D@L?6A�908�JF8�;J<>�C6A�9D1-@<6B6ABC>�7-;0�CH<�?@>BEK2H<��$0C,�C6�2<L;6�;0A��)>:K�90:,�-90<4�280C/�C>�?@J1:6;0�70�C>�1@48�908�>�/38>A�;?@>BC,�C>D���

���3/)�*.0�*!)�2!�*�12!,!���3/)�*.0��'�21.2�*'0�$�+7�1%��%���!/1'*!)�94.0�%(,)�*.9� 172�/!��/#����#/�#.�/!�(!�*+'(.9�%��+)�,!�"#�+.3��%�2!�*�12!,!!�8�2'�472)���!)�2.�158+).

*./34! .3�3�.3/#.9�*!)�12%+�5.302.3����������)�!,�$%,�3��/5.3,�*��12!,!�.92%�*!)�472)����)�(!�*�,%)�.�3/)�*.0���+!��.3�,2%�

������������

� 05�$1'*0:.,+�9 05�34#*0:.0��+�.)2��#105�6�,)2�,#+�)��8!�8.34#.40 0:�-05� 34�(05.6#1��,+�%+#�40.�- /)� �3" 1#��#+�0��#$1+!-��#�,'--#1"&)2�# 0�

7;1)3'�# 9�4)��05-!�,#+�40.�������#--��94#.�405�()4�.'�.#��+-!3'+�%+#4052� #-+0:2�405�35.4196052��781"2.#�,1:$'+�4+2�&+#68."'2�405���+-�'+��'#/+0 1 '+#����4+�,+�#.� 7'+�%".'+��'4#/:�#2� +34':8�94+�0��- /)2�,#+�0��",02�0��# �2�� 705.� .#�,;&+,#�$#*'+�� 3#�4052��'" '�3'�35. .4'5/!�405�340 '1+0&+,9�4)2���#*)�'1+.!2����,#* .#2�'�4)�35� '1+601��405�,#+�40� 0-+4+,9405�:602�������93)�-�3 )� 6#%'� 1936#4#�0�#,'--#1"&)2�%+#�4).� 1038 +,!�405(8!��'��*-+'2�35,06#.4"'2�# 9�&+��601'2��0.4#(+ 1'2�,51"82�340�&+#&"�,450���;1#� 05�0��.*18 02�'40+��('4#+.#� #.41'54'"��'�4)�&)�03+0%1�60��.+#��("�#�,#+� '1+� .05.�,#+�40 1;40�4052� #+&"�*#�$1'*'"�,#.'"2�.#()4!3'+�35%%.;�)�%+#�9-'2�4+2�#*-+9�4)4'2�3'�$�102�405

���!"/)�+�*!)�.��+�-'0

����!*%++!/ $'0

�8+)0�2%+% 71%�'�191*%6'�#)!�2.�/.143#)*8�.��+�-'0��1 �/!0���#%�8�70�13,'( &%)���%/�!2:,2!0�12.��#!/.��!- �.3��%/,:,2!0���1!!�8�2.,��(,)*8����.���!)���%1%���,71%��)!�.��$!��)*/:,��!('2:,���#),%�!328��.3�+��%��.�5!�80����%1!,8+.)���,7�12.,��/7(3�.3/#8�*!)2.3�&'2.91!,�,!�472.#/!4'(.9,��)�!3280�$%,�2.30�5�+!1%�2.�5!2 /)��)�82!,�2.3�% �!,�82)�12'�13,�5%)!(!���#!),!,�12'� .3+��.��1 �/!0!12%)%9('*%��!& �2.30�+�#.,2�0�2.30% 1!12%�1 #.3/.)��

�)!�!,!��,2%5'�13,�,2'1'

�0.��0:.+0�#.#� .'4#+�.#�/',+.!3'+�),#4#3,'5!�405�#%8%0:�����,#+�34)7;1#��#2����#%8%92� 05�*#�/',+.�# 9�4#�'--).04051,+,��3:.01#�,#+*#�,#4#-!%'+�34).��4#-"#�� 38��-$#."#2,#+��&1+#4+,!2�# 04'-'"� .#��!.5�#4)2�'� +3403:.)2�48.�' '.&54;.�34).�--�&#�,#+�#.#$#*�"('+�40�19-0�4)27;1#2��#2��� 82�'" '�0�&+'5*5.4!2405� 1%05�%+#�4)�7;1#��#2��",#1.4�,0:6+#2� 705.�!&)�5 0%1#6'"�35��68."'2�35.'1%#3"#2��'�����'--).+, 2'4#+1'"'2� 05�*#�35��'4�3705.�340 1%0�'.;�'6#1�9('4#+�,#+� 19%1#��## 0()�"83)2�%+#�4052�+&+0,4!4'2�4)2%)2�# 9�9 05�*#� '1�3'+�0�#%8%92��#�,#+� .#�,#-9�. 0��

�%*),�%)�.�!#7#80

�%�*�(%�%3*!)�/ !��.3�2'0�$ �,%2!)�'��28/!��!*.#)�,,'$%,�*/9"%)�2.8,%)/8�2'0�,!3��/-.3,�%-%�+ -%)0� �.3� (!-!,!4�/.3,�2.*8��!� 2'0� 1%

*3"%/,'2)*�0�(�1%)0���!)�8�.3�12!(% *)�8�.3�"/%(% �$'+:,%)���!�3��/5%)�,!0��++',!0��.3�,!���./% �,!�!�.�*+% 1%)�1��%/!�82)�(!��5.3�%�%-%+ -%)0�� ,!)�$31"�12!*2'�'��/!#�!2)*82'2!�������/.%2.)��&%2!)��3/%27$:0���,�2)+!�"�,%2!)�82)��.+9�#/�#./!�(!*+'(% �,!�!,!+�"%)�%3(9,%0�*!)��/.�%2.)��&%2!)��3/%27$:0���%�2.�8,%)/.(!��% ,%)��

�)�!32��2.�5!"��2'0

����'21.2�*'0

�2����!*.#)�,,'

� ������� ������������E>�@>:>26C->�48BJ36;0�<0380;>@EL<4C08�B4�?4@/�

?>D���38A�4D@L�908�>8�,;4B>8�908-;;4B>8�EJ@>8�?>D�4?81,::><C08<0�4/<08���38A�4D@L��0?J�C0�>?>/0C0�<>89>9D@8,�?:6@L<>D<� ���38A4D@L�B4�EJ@>�48B>3.;0C>A�908�48�389-A�48BE>@-A��C>�BD;?-@0B;0?>D�?@>9K?C48�4/<08�JC8�6�E>@>�:>2/0�BC6�FL@0�;0A�4/<08�4?8489LA>DC>?89.�� �<0:DC89,�� 0?J �������E>@>:>2>K;4<>DA�36�:L<4C08�������38A�4D@L�BD<>:89J48BJ36;0��49�CH<�>?>/H<�C0����� 38A�4D@L�0?J�;8B7>KA��C0����38A�4D@L�0?J�BD<C,=48A��C0���38A�4D@L�0?J�09/<6C0��C0����38A4D@L�0?J�4?4<3KB48A��C0�� ��38A4D@L�0?J�[email protected]��C0����38A�4D@L�0?J�02@>C89.�3@0BC6�@8JC6C0�908������ �49��4D@L�0?JCJ9>DA�

"�!*!!�-F48�4?0<48:6;;-<HAC></B48�C6�3DB9>:/0�CH<�>89><>�;89L<�4?810@K<B4H<��?@>483>�?>8L<C0A�?0@,::6:0�280�C><�9/<�3D<>�?0@0/C6B6A�C6A�;4B0/0A�C,�=6A�:J2H�C6A�D?4@1>:89.A�E>@>�:J26B6A��"�4?-9C0B6�C6A�E>@>�:>289.A�1,B6A�4/<08�0?0@0/C6C6�

LBC4�<0�?,G>D<�<0�4?810@K<><C08D?-@;4C@0�C0�;4B0/0�48B>36;0�C89,�9:8;,980��?>D�BC6@/5>D<�>D�B80BC89,�J:>�C>�9>8<H<89J�>89>�3J;6;0�908�?>D�>�09@HC6@80B;JAC>DA�34<�;?>@4/�<0�02<>674/�0?J90<-<0<�

*D<4?LA��C6<�L@0�?>D�BD56C8-C08?4@08C-@H�0K=6B6�C6A�E>@>:>289.A4?81,@D<B6A�4/<08�B6;0<C89J�<0:6E7>K<�D?JG6�>8�4?8?CLB48A�CH<DE8BC,;4<H<�D?>F@4LB4H<�BC6�;4�B0/0�C,=6�908�03898L<�BC8A�;89@>�;4B0/4A�[email protected]

"�?0@0C4C0;-<6�>89><>;89.0<-F480�>3624/�BC6�90C,@@4DB6C6A�9>8<H<89.A�BD<>F.A��4<L�6>89><>;89.�BC0B8;JC6C0�>3624/BC03809,�B4�038-=>3>�C6<�?@02�;0C89.�>89><>;/0���DC.�6�0::6�:>DF/0�D?><>;4K48�09J;0�?4@8B�BJC4@>�C6<�4D6;4@/0�CH<�?>:8CL<�4<L�6�ECHF>?>/6B6�C6A�9>8<H</0A>3624/�BC6<�0<D?0@=/0�?J@H<�0E>K�6�;J<6�?62.�<->D�F@.;0C>A4/<08�>�838HC89JA�C>;-0A��*4�;809>8<H</0�;4�>89><>;89.�908�?>�:8C89.�BC074@JC6C0��6�;4B0/0�C,=64/<08�0DC.�?>D�;?>@4/�<0�F@6;0�C>3>C.B48�-<0�0?>C4:4B;0C89J9@,C>A�?@J<>80A��<0�?0@,=48�908

<0�4<8BFKB48�C0�03K<0;0�;-:6C6A�9>8<H</0A�

(8�0D=.B48A�EJ@H<�?>D�BF4�38,5><C08�4:-H�0=8>:J26B6A�C>�?8�70<JC4@>�4/<08�<0�4=H7.B>D<�4/C4BC6<�?0@0>89><>;/0��4/C4�BC6<4?8F48@6;0C89.�;4C0<,BC4DB6�C6A;4B0/0A�C,=6A��"�0<,296�280�F0�;6:JC4@>DA�E>@>:>289>KA�BD<C4�:4BC-A��6�BC03809.�;4/HB6�C>D�;6;8B7>:>289>K�9JBC>DA��C0�E>@>�:>289,�9/<6C@0�280�838HC89-A�4?4<�3KB48A�908�0K=6B6�C6A�0?0BFJ�:6B6A��6�907>:89.�[email protected]�CH<�6:4�9C@><89L<�BD<0::02L<�908�6�@4D�BCJC6C0�BC6<�D28.�4?8F48@6;0C8�9JC6C0�4/<08�>8�0?0@0/C6C4A�;4�C0@@D7;/B48A�?>D�70�-?@4?4�<00=8>:>2.B>D<�$D1-@<6B6�908�30�<48BC-A�

)@,2;0C8��BK;EH<0�;4�C0�BC>8�F4/0��B.;4@0�;J<>��4@205J;4<>8?:6@L<>D<�EJ@>DA�908�48BE>@-A�LBC4�<0�?:6@L<><C08�>8�BD<C,=48A��BD<C0=8>KFH<�908�<0�90:K?C><C08>8�0<,294A�B4�?0@>F.�36;>B/H<D?6@4B8L<�D24/0A��49?0/34DB6A�38908>BK<6A��,;D<0A�908�24<89J�C4@0�:48C>D@2/0A�C>D�9@,C>DA��;><�C-:>�?>D�?@>E0<LA�34<�4/<08�18L�B8;>��0::,�C8�;?>@4/�<0�4/<08�18L�B8;>�;4�����0<4@2/0�908�������[email protected]�BC>�J@8>�C>D�>@8BC89>K:>D9-C>D�

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

�B>�280�C>�0E>@>:J26C>�J@8>�?>D�1@/B94C08�D?J�380?@02;,�C4DB6�;4�C>DA�74B;>KA��B4�BF-B6;4�C8A�,::4A�FL@4A�C6A�!!��BC6<!::,30�C>�0E>@>:J26C>�34<�4/<08DG6:JC4@>�B4�0?J:DC>�;-247>A�!<3489C89,�BC6<��4@;0</0�C>�0E>�@>:J26C>�4/<08� ���4D@L��BC6<

�DBC@/0�4/<08��������4D@L��4<LBC6<�!::,30�C>�0E>@>:J26C>�4/<08���4D@L�908�EDB89,�;J<>�280C>DA�;8B7HC>KA�

!?8?:-><��B4�?>::-A�FL@4A��6-9?CHB6�EJ@>D�4=0@C,C08�0?J�C6<>89>24<4809.�90C,BC0B6�.�C6<�6:8�9/0��907LA�B4�?>::-A�FL@4A�C0�?08�38,�908�6�6:89/0�,<H�CH<���.�908��4CL<�4/<08�?@>I?J74B6�280�C6<0?J9C6B6�0D=6;-<6A��-9?CHB6AEJ@>D�

"�!*!!�?/BC4D4�JC8�;4C,�C6<4=,<C:6B6�C6A�;4B0/0A�C,=6A�908C6A�E>@>3>C89.A�C6A�890<JC6C0A�70�4/F4�4=0<C:674/�908�9,74�3D<0�CJC6C0��4E4K@4B6A��908�4?81>:.A<-H<�EJ@H<��0::,�3DBCDFLA�0DCJA>�:>20@80B;JA�34<�E0/<4C08�<0�-F48C-:>A��"�0K=6B6�C6A�E>@>:>2/0A0DC.�C6�E>@,�-@F4C08�;-BH�C6A�;4�7J3>D�;4/HB6A�CH<�0E>@>:J26CH<>@/H<�908�CH<�E>@>:>289L<�49?CL�B4H<��!/<08�?@>E0<-A�JC8�C0�09@81,;-C@0�CH<���38A�4D@L�C6A�0=8>:J�26B6A��70�C0�?:6@LB48�?>898:>C@J�?HA��280�,::6�;80�E>@,��6�;4B0/0C,=6�

������ ���������������������������

�� �!����"�����������)!����������"������#!"������������'��!�

��� ������ �����

Page 16: -5/21#%.%(05.,- 4* ˛ ˛ ˘ ˚ ˇ ˝ ˙ˆ ˇ ˛ ˆ ˜˝ ˆ˛ ˚ˆ˙˝ˆ ˝ ˘˘ ˚ ˛ˇ · ˚ ˘˘ ˜˝ ˙ ˛˜ˆ˝ ˇ%#$ # !&""# ˝ ˆ ˙ ˆ ˆˇ ˆ ˇ ˆ˘ ˇ %˚%’!˚#˛˝%˙˝

�� ����� �������� ������������������

�������������D?E��� �50=19�<91�9CD?A9:/<.A1�391�D7=��<5A9:1=9:/��@59A?�� �1@LF1C7D?E�$@1A-:�&<@-<1�=1�5@9C:5F850�D7="?M21�@1A-�D7=�1=D085D7�-@?H7�D7B�CE=�D7A7D9:/B�@;59?H7F01B�D7B��5A?EC01B��50=19<91�@A->7�@?E�1=1DA.@59�D7=�@-391�5:49:7D9:/CD-C7�DI=� '��CD9B�GNA5B�D7B�#1D9=9:/B�<5A9:/B��?9�?@?05B�45=�50=19�E@-:?E5B�CD7=&E-C93:D?=���:L<1�C7<1=D9:LD5A?�50=191EDL�@?E�50@5�?�$@1A-:�&<@-<1��CD7=:?9=/�CE=.=D5E>7�<5�D?=�(1?M;�"-CDA?����GI491FI=05B�391�D1�1=8AN@9=1�49:19N<1D1�:19<5�D7=�"0=1�:19�<5�D?��95D=-<��1;;-�?9�1;;13.B81�30=?E=�<5�1@?F-C59B�DI=�049I=�DI=�GIAN=�45=�81�1@?F1C0CI�53N�39�1ED.B��� �:0=7C7�D?E�$@1A-:�&<@-<1��1@?459�

:=M59�D7�491F?A5D9:/�8.C7�@?E�.G59�391�D14958=/�8.<1D1���@1;;13<.=?B�1@L�D?�@?;9D9:L:LCD?B��5@9C:.F87:5�D7=�"?M21��450G=?=D1BLD9�@A.@59�=1�CD1<1D/C59�?�@1A1;?39C<LBD7B�1<5A9:1=9:/B�@?;9D9:/B�35=9:NB�CD7=#1D9=9:/��<5A9:/��&�D5;5ED10?B�DI=� '�@?E�5@9C:.F87:5�D7=��2-=1�/D1=�D?������?�(5@?E<@;9:-=?B�"-;29=�"?M;9D6��"19FEC9:-�45=�@-D7C5�D?�@L49�D?E�5@0C7<?B�<5A9:1=LB�1>9I<1D?MG?B�1@L�D?�������1@LD7=�5@1=-CD1C7�<5�D7=�735C01�D?E�"-CDA?:19�D?E�*C5��:52-A1��&�CE=5G96L<5=?B�1@?�:;59C<LB�1@L�D9B� '���/D1=�<91��5:40:7C7�GIA0B�=L7<1�@?E�CE=5G0CD7:5� �GAL=91<5D-�D7=�:1D-AA5EC7�D?E�:?<<?E=9C<?M��>06?E=�@A?F1=NB�CE3G1A7D/A91�CD?=

&<@-<1��391D0�:L=DA1�CD9B�1A=7D9:.B�59C7�3/C59B�:19�D?=�@L;5<?�:-@?9I=�(5@?E<@;9�

:-=I=�1@?F-C9C5�=1�1@?:1D1CD/C59�CG.C59B<5�D7=�"?M21�:19�=1�D7=�5@9C:5F850�<5�L;7D7=�?9:?3.=59-�D?E���>06?E=�C03?EA1�CE3G1�A7D/A91�CD?=�(1?M;�"-CDA?��?�?@?0?B�45=@AL4IC5�D9B�5@1=1CD1D9:.B�D?E�:1D12?;.B:19�4/;IC5�:1D-�@ALCI@?�CD?=�&<@-<1�LD9D?�5<@-A3:?�/D1=�1@1A-45:D?��LD9�?9� '�@A.@59�=1�[email protected]?E=�D?�E@L�:1D?G/�.41F?BD7B�"?M21B��D7�2-C7�D?E��:?E1=D-=1<?��"19LD1=�.=1B��<5A9:1=LB�47<?C9?3A-F?B�D?=AND7C5�391D0�45=�1F/=59�5;5M85A?EB�D?EB�@?�;9D9:?MB�:A1D?M<5=?EB�D?E�1@-=D7C5���+.A5<?E�<91�;0CD1�<5�D.D?9?EB�:A1D?M<5=?EB�:19C5�;031�;5@D-�81�50=19�5;5M85A?9��� �"?M21�[email protected]�5@0�45:15D05B��1;;-

E@5A1C@0CD7:5�D7=�E@5A7F-=59-�D7B�1@?�C@N=D1B�D?=�@13:LC<9?�81E<1C<L�:19�CE<�@-8591���D1=�@AID?F1=/�D1�:9=/<1D1�CE<�@1A-CD1C7B�CD?=�13N=1�D?E�;1?M�D7B�"?M21B5@0�45:15D05B��&�&<@-<1�@1A14.G87:5�LD9D?�5<@-A3:?�/D1=�1@1A-45:D?�:19�50@5�LD9D?�"?3:A.C?�50=19�1EDL�@?E�45=�;M=59�D?�@AL�2;7<1�391D0�45=�8.;?E=�?9�(5@?E<@;9:-=?9�&9�4M?�GNA5B�3MA9C1=�C5;041��)D7=�:?9=/CE=.=D5E>7�*M@?E��<5D-�D7�CE=-=D7C7�D?E"-CDA?�<5�D?=�@AL54A?�DI=� '��$@1A-:&<@-<1�?�D5;5ED10?B�@1A14.GD7:5�LD9�?94M?�GNA5B�.G?E=��C?21A.B�491F?A.B���CE<�@5A9;1<21=?<.=I=�:19�DI=�D?<.I=�@?E�1F?�A?M=��D7�47<?:A1D01�:19�D1�1=8AN@9=1�49�

:19N<1D1���*?�<.;;?=�D7B�"?M21B��81�1@?�F1C9CD50�1@L�D?EB�"?E21=?MB���E@?3A-<<9C5?�&<@-<1��)5�:-85�@5A0@DIC7��E@?3A-<<9C5LD9�7�&E-C9=3:D?=�81�CE=5G0C59�D9B��59;9:A9=50BCE=?<9;05B�D7B��<5�D9B�:?E21=9:.B�1AG.B�391D1�8.<1D1�@?E�1@1CG?;?M=�D9B�4M?�GNA5B���0G1<5�<91�:1;/�CE6/D7C7�391�D1�67D/<1D1D7B�47<?:A1D01B�:19�DI=�1=8AI@0=I=�49�:19I<-DI=���50@5�?��<5A9:1=LB�@AL54A?B.G?=D1B�CD?�@;-9�D?E�D?=�"?E21=L�?<L;?3LD?E��CD7�CE=.=D5E>7�@?E�@1A1GNA7C1=�CD?$.31A?�D7B��@1=-CD1C7B��D?�CM<2?;?�D?E13N=1�D7B�"?M21B�:1D-�D?E��1<5A9:1=9:?M9<@5A91;9C<?M���&�$@1A-:�&<@-<1��?@AND?B��<5A9:1=LB�@AL54A?B�@?E�5@9C:.@D5D19

D7=�"?M21�54N�:19����GAL=91��:-;5C5�391-;;7�<91�F?A-�D?�"?3:A.C?�=1�-A59�D?�5<�@-A3:?�C5�2-A?B�D?E�=7C9?M���&�:1D-;?3?B<5�D1�<.DA1�@?E�<@?A?M<5�=1�;-2?E<5�IB:E2.A=7C7�<9:A10=59�?;?.=1�:19�@5A9CCLD5A?:19�?9�1;;13.B�DNA1�81�5>1AD78?M=�1@L�D?"?3:A.C?���E@?3A-<<9C5��&�(1?M;�"-CDA?5@.<59=5�LD9�:1<01�GNA1�CD?=�:LC<?�45=@;7A?0�L;1�D1�:A9D/A91�LC?=�1F?A-�D7=D/A7C7�L;I=�DI=�4958=N=�1=8AI@0=I=�49�:19I<-DI=�:19�:-;5C5�D?=�&<@-<1�=1�5A�31CD?M=�<160�NCD5�L;5B�?9�GNA5B�=1�1=D1@?�:A98?M=�C5�1ED-���=1F5AL<5=?B�CD9B�CE=?<9;05B@?E�50G1=�?9�4M?�73.D5B��?�&<@-<1�50@5�LD9-:?EC5�<5�5=491F.A?=�D9B��5@?9:?4?<7D9:.B94.5B��D?E�"-CDA?�391�D7�FDNG591�:19�D9B�FE�;5D9:.B�CG.C59B�CD9B� '����@925210IC5�LD9?9�1<5A9:1=9:.B�15A?@?A9:.B�5D19A505B�81>5:9=/C?E=�1@L�F.D?B�1@5E8501B�5<@?A9:.B@D/C59B�@A?B�D7=�"?M21�:19�6/D7C5�1@L�D?=(1?M;�"-CDA?�=1�[email protected]�7��2-=1�D7�CM�CD1C7�@5A9CCLD5AI=�:?9=N=�5D19A59N=�1;;-:19�=1�4NC59�D?�@A-C9=?�FIB�C5�>.=5B�5D19A505B=1�@A?C;1<2-=?E=�1@5E8501B�"?E21=?MBE@1;;/;?EB��&�(1?M;�"-CDA?�4/;IC5�LD9D1�D5;5ED101�<.DA1�@?E�.;125�7�1<5A9:1=9:/:E2.A=7C7�391�D7�G1;-AIC7�DI=�@5A9?A9C<N=DI=�5<@?A9:N=�1=D1;;13N=�:19�DI=�@5A9?�A9C<N=�CD1�D1>0491�@A?B�D7=�"?M21�50=1985D9:-�1;;-�45=�5@1A:?M=��*L=9C5�LD9�?9�4M?GNA5B�.G?E=��2189.B�491F?A.B��@?E�45=�815>1F1=9CD?M=�@?D.�1;;-�81�@A.@59�=1�8.C?E=C5�5F1A<?3/�D7=�D.G=7�D7B�@?;9D9C<.=7B�CE�=M@1A>7B�

!�������!���������������� ���� �$������ �����"��������������#����� � ����� �������� �������������"�#������������������

� ����������������CD7�GNA1�<1B���:1D-:1=L=1�1:A?45>9?0���C@5M4?E=�=1G1A1:D7A0C?E=��1=85;;7=9C<L��:-85

:A9D9:/�FI=/�CD?�5>ID5A9:L�391�5@9;?3.B�/CE<@5A9F?A.B�D7B�5@0C7<7B��;;-41B�*9<N=D1B�D7=�58=9:/�[email protected]?�D7B��7B

$1AD0?E��D?�E@?EA350?��8=9:/B��<E=1B�D7BGNA1B�<1B�?A3-=IC5�7<5A041������ �391�D?�F9;5;;7=9C<L�IB�491GA?=9:L�F19=L<5=?��G9�DEG101��7�7<5A041�.;125�GNA1�<5�:-855@9C7<LD7D1�:19�C@?E410?EB�59C737D.B�CD7=108?EC1�D?E�=.?E�$?EC50?E�D7B��:AL@?;7B���B�8E<78?M<5�LD9�D?�<53-;?�:0=7<1�DI=

+9;5;;/=I=�@?E�.@19>5�:18?A9CD9:L�AL;?CD7�85D9:/�.:21C7�D7B��@1=-CD1C7B�D?E�����/D1=�.=1�:0=7<1�4958=?MB�1;;7;533M7B�@?E�:9=7D?@?07C5�FID59=-�<E1;-�:19�1FM�@=9C5�CE=594/C59B�C5�@?;;.B�GNA5B���D1=;.<5��FID59=-�<E1;-��5==??M<5�1=8AN@?EB@?E�5:@A?CI@?MC1=�:19�@A?I8?MC1=�D9B

@AID?@LA5B�94.5B�5:50=7B�D7B�5@?G/B��L@IB?��-;;?B�C?C91;9CD/B�)5=�)9<L=��:18NB�:19?��0:DIA�&E3:N��1;;-�:19�?��A5D1=LB�@?�;9D9:LB�F9;LC?F?B�*6.A5<9�$@.=81<�:19�?9:?AEF10?9��5A<1=?0�@=5E<1D9:?0�-=8AI@?9��:10D5�:19�)0;5A��)7<59ID.?=�LD9�CD?EB�DLD5�F9;.;;7=5B

CE3:1D1;.3?=D1=�:19�@?;;?0�2?A59?1<5A9�:1=?0�1;;-�:19�=?D9?1<5A9:1=?0��1=-<5C-D?EB�?�D.D1AD?B�@AL54A?B�DI=� '��*L<1B*6.F5AC?=�:19�?�<53-;?B��5=56?E5;1=LB5@1=1CD-D7B�)9<L=�$@?;92-A�)E=5@NB��:-=?E=�;-8?B�LC?9�D1ED06?E=

D?�F9;5;;7=9C<L�<5�D7=�1AG19?;1DA01���9�49:LD5A1��?9�DLD5��EAI@10?9�F9;.;;7=5B�5<�@=5LD1=�CD7�<53-;7�@;59?H7F01�D?EB�1@LD9B�1AG.B�:19�D9B�94.5B�D7B�31;;9:/B�5@1=-�CD1C7B�391���;5E85A01�!CLD7D1��45;FLD7D1��&�049?B�?�#LA4?B��MAI=�@?E�85IA50D19�?:?AEF10?B�DI=�F9;5;;/=I=�4/;I=5�:19�@?�;0D7B�D?E�:LC<?E��5=N�5>.FA1C5�<5�D7=@?07C/�D?E�:19�D7�4A-C7�D?E�D?�@=5M<1�1=�D0CD1C7B�:19�5>.35AC7B�:1D-�DI=�9CGEAN=D7B�5@?G/B�D?E�%1�@A?C8.CI�LD9�F9;5;;7=9:-�:9=/<1D1

1=1@DMG87:1=�4958=NB�C5�CE=-AD7C7�<5

L;?EB�D?EB�13N=5B�D?E�;1?M�<1B�391�D7=�8=9:/��=5>1AD7C01��D7=��9A/=7�:19�D7��7�<?:A1D01���@IB�CE=.27��DLC?�CD1�GAL=91D7B�<531;59N4?EB��8=9:/B��=D0CD1C7B�D?E5;;7=9:?M�;1?M�5=1=D0?=�D7B�=169CD9:/B�:1�D?G/B��LC?�:19�CD1�GAL=91�D7B�CDA1D9ID9:?�F1C9CD9:/B�49:D1D?A01B�DI=�CE=D13<1D1AGN=��� ���������7�?@?01�:?AEFN87:5�<5�D7=@A?4?C01�D7B�"M@A?E��$5�-;;1�;L391��?�F9;5;;7=9C<LB�45=�<@?�

A50�=1�50=19���:19�45=�50=19��945?;?39:-�:19@?;9D9:-�?E4.D5A?B��'73-659�:19�CD7A065D19C5�@1=1=8AN@9=5B�94.5B�:19�1>05B��@?;;.B1@L�D9B�?@?05B�35==/87:1=�CD7�GNA1�<1B��ED.B�D9B�1>05B�E@5A1C@06?=D19�491GA?=9:-

?9�F9;.;;7=5B��LG9�D?�D9�:-=?E=�?9�5:-CD?D5:E25A=/C59B�D7B��;;-41B���91�@1A-4593<1�45=�81�<@?A?MC5�=1�E@-A>59�F9;5;;7=9C<[email protected]�D7B�,?M=D1B��1;;-�5=1=D0?=�D7B�,?M=D1B�"19�C/<5A1��1=�7�:E2.A=7C/�<1B�45=�.@A1DD5CICD-�391�D?�@A?CFE39:L�<5D1=1CD5ED9:L�45=�81�50G1<5�:1<9-�4958=/�CE<@1A-CD1C7�1;;-�4958=/�:1D1:A1E3/��"19�D?�353?=LBLD9�?9�CE<@1DA9ND5B�<1B�DI=�=7C9N=�D?E��9�310?E�@A?D-87:1=�391�D?�%L<@5;��9A/=7B1@L�D?E;-G9CD?=�<9CL�5:1D?<<MA9?�1=8AN@I=C5�L;?�D?=�:LC<?��?F50;5D19�CD?�353?=LB�LD9E@5A1C@0CD7:1=�@1=1=8AN@9=5B�1>05B��@-=I1@L�L;5B�D7=�[email protected]�1>01�D7B�6I/B��*?�F19=L<5=?�1EDL��<@?A50�=1�85IA7850

.=1B�CM3GA?=?B�F9;5;;7=9C<LB��*?�049?�<@?A50=1�59@I850�:19�391�D?�:0=7<1�4958=?MB�1;�;7;533M7B�<5�D?=�5;;7=9:L�;1L�:19�D?EB13N=5B�D?E�:1D-�DI=�@?;9D9:N=�1:A101B�;9�DLD7D1B��D?�?@?0?�C5�@?;;.B�GNA5B�50G5�:5=�DA9:LB�CM=87<1�D7�FA-C7���0<1CD5�L;?9��;�;7=5B���D?E�<53-;?E��33;?E�@?97D/�:19�F9�;.;;7=1�'.AC9�).;;5K��F0;?E�:19�?<?J45-D7D?E�#LA4?E��MAI=1��+A-C7�@?E�59@N87:51<.CIB�<5D-�D7=�.=1A>7�D7B��@1=-CD1C7BD?E������IB�@ALC:;7C7�CD9B�5EAI@1J:.B735C05B�:19�D?EB�;1?MB�=1�E@?CD7A0>?E=�D?EB5@1=1CD1D7<.=?EB��;;7=5B�391�D7=�1@?D0=1>7D?E�6E3?M�D7B�&8I<1=9:/B��ED?:A1D?A01B�&�)M=45C<?B�$@-9A?=�391�D?�+9;5;;7�

=9C<L�:19�D?=�'?;9D9C<L��5A3-65D19�54N�:1945:15D05B�391�.=1=�F9;5;;7=9C<L�D?E��?E19N=1��@?E�C7<10=59�.=1=�F9;5;;7=9C<L�21�C9C<.=?�C5�CM3GA?=5B�94.5B�:19�1>05B��<5D1>MDI=�?@?0I=�7�59A/=7��7�4958=/B�1;;7;533M7�7�:?9=I=9:/�49:19?CM=7�:19�D1�1=8AN@9=149:19N<1D1�

����������������� ������ �������������������

����������������� �������������������������

��� ���� � �����

��'��,-"��).&� ���,�!��.*$�%).�, ��).& .-�+ #������#��)����"���"����*������#�� ������$ ����!���#"�#���!��� �"���+�#�!�������'���#����"�� ��#�!����#�$���� )��� �!����"$&�������#������)�����$�����$������$��$#�!�#�$������������%���#���)#���� ������$�� �����������)!���%�����"�)!���%�"�"�����������"���"$���#�"��!���#����������"#���&���#"��#����)���������"#����� *�%(��������� �%� ��!���������#�$!���$��$#�!�#�$���#�������!�������#�$!�������#��# ���������&�� +�#�!����#�$!���"��������� ��������*��"#����#������#�$#����#�$!��������#����� &��"&����"#��������������)�#���#��� ����������"#���� ��&��#�!��������!�����#��"&������ ���������#��"#���&���������*�#���"*�%(�����#������# ����"#���������"$���#�&�$���

���)��*3,1�)�� �����*)2,-)*����'�$��).& .-�+�-"+�������3�0*3'$��%)'-�,-"'��-3*�����%)�$�''"���5*��-)����! $.��,�$,-�+�-).��.*$�%).����$�, �3& +�-$+-"& )�-$%�+�-).� �/�'�, $+�-)����! $�-$�"-�+-"+�%.��*'","+�, �#���-��"#$%�+���1+�$��.-3'�.��*0 $���"��'�+��*% -��� ��&)+/�% &)+�� �-��� �*����'��-).�3-�'��-�',-"'�%)*./��� ��&).�%*�-$%)4�)*��'$,�)4� ��� .# ��+��'�#�, $+��$�/"��, 1'�� ���&1'��),5'����)�)'��%�$�#���0 - �& ��-)��* $ +�,-)� �3� ')�/4&&)���%-3+�%�$�'���+��*)&��).'��4*$)�,-"�,.!�-",",-"��).&��%.� *'"-$%)����*��)'- +���).3�1+�&�' ���0).'�3&��-��,-)$0 ����

�$+��).& .-$%�+-).+���* +���).�0�,�'�,-$+�- �& .-�� +� %&)���+���$ %�$%)4'-* $+���&�!$)$�)��.*$���"+��-.�&$�'��"+��)��&��(�'�*)+��)'-3+%�$�)��-�/�')+ %�%�+���)� �3�� ')��$�,-"��-)� �'5-�-) %&)�)�$% �)�#� ( -�, $�-$+� '�,-�, $+� �).�0).'�.�)�&"�# ����3�)��� +�)&$-5'��$���'�-$,.'-����-$%� ()��&.',",-$+�-*$ �*$%�+� *$/�* $ +��)��3�"+����'#"+%�$���*%.*�+��-"'�� *��-1,"��&$,-�� -"+��*�+� -).� ��� - . & $ � ' � � ".��*0 $� %�$ #'$%3�,-)$0 �)�/)4��.-��-",-$���� .��*�

0).'��3')��).,).&��')$��).& .-�+��'�% *�"#)4'�)$� ',-�, $+�-3- �)$�-.&$�'��"+�� %�%�+�%�$��)'-3+�#� ��'�&#).'�,-"'��).&����$*1' ��%�$�)$�-* $+� �0�'�,-"*�( $������&"���&$�)��.*$�%)+�� '����*' $�-��)-���

������������������� ��

� � ���� ������� �������� �� ������ ��

�.*���-.&$�'��"+

����)'-3+

�-�� %�%�+

�� ����������"����������� ���� ��������������� ����������������������������������������������������� �����������������#������������������ ��������������"�������� �����������������!#�������

����������"���������� ����"