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♦ 1 2 T (U2 (% ( 0F V ( " % %I ( ( 4567 689 ! 4 !" % 5678:;<=> 8=489 '% ='% % #= ( (( H 98>;E;D8D;J= ?6 98 D8K8 ?6 8D67< ;=<I;?8M96 D<= <5<7:6 76H498M96 B 8K4>:8M96 89 >469<3 D<= D858D;?8? ?6 E;K8D;J= % % " O!"# %! " ' !"8 % 0 0 % K4>:6 ?6 >89;?8 % ;=?;D8?<7 ?69 5<7D6=:8K6 ?6 >89;?8 ?;H;:89 8=:8998 ?6 ?;8H=J>:;D< ;=D<75<78?8 858D;?8?6> ?6 546>:8 6= C87DA8 8 ?;>:8=D;8 858D;?8? ?6 ;=:67745D;J= ?6 M9<@46< D<= <:7< 6@4;5< @ '"%P (( ( ! ''% & & ( , 1 8=# # %! "%=% %( >%' ( ( 0 %4(# '% ?6 8 (CC 0 ?6 8 (CC 0 ?6 1 8 CC , 0 ?6 8 1CC <=>49:6 89 E8M7;D8=:6 5878 <:7<> D8M6F896> ?6 >6998?< ?;>5<=;M96> % % " O!"# %! "Q # %! = % !% 5%'' %' ! 4# #!" % 5%'' ' !#!" 4%7 ' =67D<= B 9< L469L8 8 D<9<D87 6= 98 4M;D8D;J= C<>:78?8 G D >:8 5NH;=8 D<=:;6=6 6K6C59<> 76576>6=:8:;L<> ?6 98 598D8 ?6 D878D:67O>:;D8> :GD=;D8>2 96:767<> B 56H8:;=8>2 9<> D4896> 85876D6= 6= 98 ; 5<7 89H4=8 78FJ= 4=< ?6 6>:<> 696C6=:<> >6 ?6>H8>:82 >6 5;=:8 6=D;C8 < >6 766C598F8= 98> 587:6> ><M76 98> @46 6>:N= E;K8?<>2 >6 76D<C;6=?8 @46 <M:6=H8 4= 76D8CM;< ?6 -- #/ (( ( ( 4567 689 5678:;<=> 8=489 % C M78 D<= D4;?8?< 69 6CM898K6 6= 69 @46 >6 6=:76H8= 9<> D<C5<=6=:6> B >N@469<> <> 696C6=:<> >6 ?6M6= 6I8C;=87 C;=4D;<>8C6=:6 5878 D<C57<M87 >; A8B ?8P<> 0 % 3" 4% %4 " # % ! !# "#'#>% # !" 4 " %5#'% %' "# % ' 4(%'%P = " " ' I #= 7 # ! = P %J !. R%/% % '%4% #? %' " % != "#!"%7 %4(#Q ! ( "% "% !" # ! ' % " ! = !#(' =% % %/#'#>% '% " /% '%! =# >%! %4(# 7 0 < '0 S -0 S # 5 6 K L K L ,$ 11 2 ,$ 1 , # 7 7 * 0 ; >6 ?6>D4M76 @46 E89:8 89H< < @46 6I;>:6 89HQ= ?8P< ?6>54G> ?6 98 6=:76H82 =<:;EO@469< 8 >4 :78=>5<7:;>:8 ?6 ;=C6?;8:< B ><9;D;:6 4=8 ;=>56DD;J= >:< 6> 8M><94:8C6=:6 =6D6>87;< 5878 @46 69 :78=>5<7:;>:8 D<=>;?676 >4 76D98C8D;J= ; >6 ?6:6D:8 4= ?8P<2 8>6HQ76>6 ?6 8=<:879< 6= 69 89M87N= ?6 6=:76H8 8=:6> ?6 E;7C87 69 8D4>6 ?6 76D;M< 9 :78=>5<7:;>:8 ?6M67O8 7689;F87 4=8 ;=>56DD;J= B 698M<787 4= ;=E<7C6 ?6 5G7?;?8> < ?8P<> ; 96 6=:76H8 89 :78=>5<7:;>:8 4= 76D;M< D<= 9<> M;6=6> @46 A8= >;?< ?8P8?<> < 567?;?<> 6= 69 :78=>5<7:62 >67N M8K< >4 57<5;< 7;6>H< B 76>5<=>8M;9;?8? 0 ' " % != "#!"% % ="% '% != !%(#'# % '% " /% !# 5# 4% ' #4# " 4(% I ' #/ ' " % != " 7 (( ( ( 4567 689 5678:;<=> 8=489 T D 0 4= ( " %! '%! =% % %! / % ! I % " ' " % != " = 3# ! & " #'' ! !"8 %P !"% ! = I %5' P% ! 7 G8>6 98 9;>:8 ?6 D<C57<M8D;J= >4C;=;>:78?8 D<= 69 <7?6= 857<5;8?< 5878 >4 6@4;5< 6= D<=D76:< 9 >;>:6C8 D<=:;6=6 98 D8K8 ?6 98 E46=:6 ?6 89;C6=:8D;J=2 98 D489 ;=D94B6 69 D8M6F89 ?6 >6998?< ;=D<75<78?< G8=>6 98> #/ %! $. . & , ?6 6>:6 C8=489 8>O D<C< 98 9;>:8 ?6 D<C57<M8D;J= 5878 ;=>:8987 69 >;>:6C8 8 E46=:6 ?6 89;C6=:8D;J= A8 >;?< ?;>6P8?8 5878 E4=D;<=87 D<=:;=48C6=:6 8 4=8 :6C5678:478 8CM;6=:6 CNI;C8 ?6 (° B 4=8 A4C6?8? 7698:;L8 ?69 #(U >;= D<=?6=>8D;J= F M>67L6 98 598D8 ?6 D878D:67O>:;D8> :GD=;D8> 6= 98 :78>678 ?6 98 4567 689 5878 L67;E;D87 9<> 76@4;>;:<> ?69 >4C;=;>:7< 8=:6> ?6 D<=6D:8798 8 98 D<77;6=:6 69GD:7;D8 8 4=;?8? 4567 689 6>:N ?;>6P8?8 5878 :<96787 ( T (U2 V2 ( A67:F HHH < HHH ) C F 7 (( ( ( ) B 7 4567 689 5678:;<=> 8=489 D N47 ' 4 " B N47 ' 4 " ! #= #? >:74D:478 57;=D;589 ?6 ><5<7:6 5878 69 >469< ! #= #? 87;998> ?6 H4O8 <5<7:6 ?6 C<=:8K6 0 8=;L698 ?6 8K4>:6 <=K4=:< ?69 :78=>5<7:8?<7 57;=D;589 * 7<5<7D;<=8 ((CC ?6 8K4>:6+ 8:<> ?6 =;L698?< 46?8> *<5D;<=89+ 2 1 $ #/ (( ( ( 4567 689 5678:;<=> 8=489 1 %2 ; N47 ' 4 " ! #= #? D B N47 ' 4 " -46=:6 ?6 89;C6=:8D;J= ! #= #? <7:;9967O8 ?6 C<=:8K6 ?69 ><5<7:6 ?6 C<=:8K6 <5<7:6 ?6 C<=:8K6 ?6 98 E46=:6 ?6 89;C6=:8D;J= K4>:6 ?6 D6=:78?<3 5<>;D;<=6> ?6 ?6=:7<%E4678 5878 D6=:78?< >6HQ= >6 =6D6>;:6 <7:;9967O8 ?6 C<=:8K6 ?6 98 E46=:6 ?6 89;C6=:8D;J= 1 2 #/ (( ( ( 4567 689 5678:;<=> 8=489 % # ; N47 ' 4 " D - ) U N47 ' 4 " ! #= #? <=6D:<76> ?69 D8M6F89 ?6 >6998?<3 A6CM78 8M6F89 ?6 >6998?< <5<7:6 ?6 C<=:8K6 ?6 98 M<M;=8 98D8 M8>6 <=6D:<76> ?69 D8M6F89 ?6 >6998?<3 C8DA< 67=<> ?6 C<=:8K6 #/ (( ( ( 4567 689 5678:;<=> 8=489 ! #= #? % ( ; N47 ' 4 " D ! #= #? + <K< * <=:8D:< 67?6 *546>:8 6= C87DA8 6= 76C<:<+ + &98=D< * <=:8D:< 878 D<=:8D:< W 8?85:8?< 878 D<=:8D:< ?6 546>:8 6= C87DA8 6= 76C<:< 8?85:8?< + <=:8D:<> >6HQ= >6 =6D6>;:6 C5> :;9;F87 4:< D<=:7<9 *<5D;<=89+ 8M96 <776 ?6 94D6> *<5D;<=89+ <=6D:<7 ?6 8=498D;J= ?69 ;=:67745:<7 ?6 M9<@46< 2 *=6D6>87;< D48=?< =< >6 4:;9;F8 =;=H4=< ?6 9<> ;=:67745:<76> ?6 M9<@46< =; 98 546>:8 6= C87DA8 6= 76C<:< + 8M96 ?6 98 546>:8 6= C87DA8 6= 76C<:< % ;=:67745:<7 ?6 M9<@46< <=6D:<7 ?6 8=498D;J= ?69 >6=><7 ?6 M<:6998 8:8>D8?8 *=6D6>87;< D48=?< =< >6 4:;9;F8 69 >6=><7 ?6 M<:6998 8:8>D8?8+ 6H7< *;=:67745:<7 ?6 M9<@46<+ 1 # ( V N47 ' 4 " ! #= #? 6H7< * <=:8D:< - 46>:8 6= C87DA8 6= 76C<:< % ;=:67745:<7 ?6 M9<@46< 1 # ( <K< *;=:67745:<7 ?6 M9<@46<+ 67?6 *546>:8 6= C87DA8 6= 76C<:<+ 6=><7 ?6 M<:6998 8:8>D8?8 *<5D;<=89+ <=K4=:< ?69 >6=><7 ?6:6D:<7 ?6 9NC;=8 ?6 894C;=;< *<5D;<=89+ <=:8D:<> ?69 <=:8D:<> ?69 ?6:6D:<7 ?6 9NC;=8 ?6 894C;=;< *<5D;<=89+ 8M96 ?6 :<C8 ?6 D<77;6=:6 69GD:7;D8 $ 1 # ( 2 $ , 2 #/ (( ( ( 4567 689 5678:;<=> 8=489 %, ) C 8 >67;6 4567 689 L;6=6 57<L;>:8 ?6 C8=678 6>:N=?87 D<= D;7D4;:<> ?6 D<=:7<9 5878 ;=:67745D;J= ?6 M9<@46< 878 5<=67 6= C87DA8 98 4=;?8?2 >6 ?6M6= D<=6D:87 ?<> D8M96> ?6 ;=:67745:<7 ?6 M9<@46< 8 4= D;7D4;:< 8;>98?<2 =<7C89C6=:6 D6778?< >:6 S S 5878 98 9JH;D8 ?6 98 E46=:6 ?6 89;C6=:8D;J=2 >6 546?6 D<=>6H4;7 ?6 L87;8> E<7C8>2 567< 6> 8M><94:8C6=:6 =6D6>87;< 5878 @46 98 4=;?8? E4=D;<=6 D<776D:8C6=:6 859;@46 L<9:8K6 6I:67=< 6= 6><> D8M96> Q" 89 D<C< >6 C46>:78 6= 98 #/ % ,2 >6 57<5<7D;<=8 4= D8M96 5878 6I:6=?67 69 ;=:67745:<7 ?6 M9<@46< =6D6>87;< 8 4= D<=:8D:< 6I:67=< 9 D8M96 >6 D<=6D:8 89 D<=6D:<7 ?6 + ) C B >6 546?6 D<C587:;7 C6?;8=:6 D8M96> 5878 567C;:;7 98 546>:8 6= C87DA8 6= 76C<:< >6HQ76>6 ?6 4:;9;F87 Q=;D8C6=:6 9<> D8M96> =6H7< B 7<K< 5878 69 D;7D4;:< ?6 ;=:67745:<7 ?6 M9<@46<2 69 D489 ?6M6 6>:87 =<7C89C6=:6 6= 6>:8?< D6778?< 5878 @46 98 4=;?8? >6 5<=H8 6= C87DA8 <> D8M96> ?6 546>:8 6= C87DA8 6= 76C<:<2 M98=D< B L67?62 >6 8><D;8= D<= 69 M<:J= 4M;D8?< 6= 69 58=69 E7<=:89 ?6 98 4=;?8?2 69 D489 546?6 4:;9;F87>6 < =< Q" 89 D<C< >6 C46>:78 6= 98 #/ % ,2 >6 57<5<7D;<=8 4= 5878 8=4987 69 D;7D4;:< ?6 ;=:67745:<7 ?6 M9<@46< B 57<5<7D;<=87 98 D<=6I;J= =6D6>87;8 ?69 ;=:67745:<7 ?6 M9<@46< ?6 E<7C8 84:<CN:;D8 878 699<2 M8>:8 D<=6D:87 69 8 98 :78>678 ?6 98 4=;?8?2 C6?;8=:6 69 D<=6D:<7 ?6 + ) C 7 = K4C567 ;=:67=< 6= 69 D<=6D:<7 ?6 8=498D;J= ?6>LO8 69 D<=:8D:< 6I:67=< D6778?< B 567C;:6 @46 98 4=;?8? 4567 689 >6 5<=H8 6= C87DA8 ! !R%/% !" N # " % '% #? %" =# !7 D 8 ' ' /% ! / 7 I ! % !% # ! !"#" # ' =% % ' ! 4Q" ! & 17 Q" 1 89 D<C< >6 C46>:78 6= 98 #/ % 1 2 >; >6 4:;9;F8 4= 2 >6 57<5<7D;<=8 4= D8M96 @46 D<=6D:8 98 D;7D4;:67O8 ?6 ;=>56DD;J= ?6 :858> D<= 98 4=;?8? 4567 689 <> D;6776> ?6 D<=:8D:< =6D6>87;<> >6 7689;F8= 84:<CN:;D8C6=:6 (( ( ( 4567 689 5678:;<=> 8=489 # 0 ' !#!" 4% # != #? "%=%! !"8 ! "% '% # % = %';. ! 8 !% # # !"%'% ' . ! #" ' Q" . =% % = 4#"# I '% # % = %'; ! = /% 4% R%7 ) 8 E46=:6 ?6 89;C6=:8D;J= A8 >;?< 576 D8M968?8 5878 8?C;:;7 L87;<> >6=><76>2 :8=:< >; >6 A8= 6=D87H8?< D<C< >; =< >:< 567C;:6 8?@4;7;7 98> <5D;<=6> ?6 >6=><7 5<>:67;<7C6=:62 >; >6 ?6>68 <7 :8=:<2 >6 =6D6>;:8 4= 6= 94H87 ?69 >6=><7 ?6 M<:6998 8:8>D8?8 8CM;G= A8B @46 D<=6D:879< D<= 69 E;= ?6 @46 98 4=;?8? >6 5<=H8 6= C87DA8 B8 @46 D<=:6C598 98 587:6 ?6 98 D;7D4;:67O8 ?69 ;=:67745:<7 ?6 M9<@46< D<776>5<=?;6=:6 89 >6=><7 ?6 M<:6998 8:8>D8?8 ; >6 8?@4;676 98 <5D;J= ?6 M<:6998 8:8>D8?8 < 69 H745< ?6 C<L;C;6=:< ?6 98 9NC;=8 ?6 894C;=;<2 69 S>6=><7 ?6 M<:6998S 8:8>D8?8 < ?6 76>589?< >6 76C598F87N 89 D<=6D:<7 ?6 8=498D;J= ?6>A8H8 ?6 6>:6 Q=;D< D<=6D:<7 ?6 8=498D;J= ?6 D;=D< 5;=6> I ! % !% # =% % !# % ' P " ' ! ! ( " ''% %"%! % % !# %'/N 4 4 " ! "# % ' P " 7 F K L 89 D<C< >6 C46>:78 6= 98 #/ % ,2 >6 57<5<7D;<=8 4= D8M96 5878 6I:6=?67 9<> D<=:8D:<> ?6 769G ?69 2 4:;9;F8?<> 5878 ?6:67C;=87 69 6>:8?< ?6 >89;?8 ?6 98 E46=:6 ?6 89;C6=:8D;J= = 98 :78>678 ?6 98 4=;?8? >6 57<5<7D;<=8 4= D<=6D:<7 D<= 4= D;7D4;:< =<7C89C6=:6 D6778?< < =<7C89C6=:6 8M;67:<2 8?6CN> ?6 4= D<=:8D:< D<CQ= 9 D8M96 >6 D<=6D:8 89 D<=6D:<7 ?6 B 567C;:6 7689;F87 4=8 D<=6I;J= 8?6D48?8 ?69 8 98 D;7D4;:67O8 6I:67=8 >:<> D<=:8D:<> 546?6= D8M9687>6 8 98 D;7D4;:67O8 >;6C576 @46 =< >6 6ID6?8= 9<> L<9:;<> B 9<> 8C567;<> HHH < C ) ) HHH G : U - . . 7 D ) ) C D ) . ) F F C . D G W U 7 F 7 - C F DX D ) ) C C 7 . V ) U 8 89;=68D;J= 8?6D48?8 ?69 D8M6F89 ?6 >6998?< 6> D7O:;D8 5878 7689;F87 4= >6998?< D<=>;>:6=:6 B 7656:;M96 ) U <= 98 E46=:6 ?6 89;C6=:8D;J= 858H8?82 D<9<@46 4= 76D;5;6=:6 :858?< M8K< 8CM<> 6I:76C<> ?6 D8?8 D8M6F89 ?6 >6998?< >6HQ76>6 ?6 @46 9<> 76D;5;6=:6> ><= ?6 98 89:478 ?6 9<> 4:;9;F8?<> 5878 98 57<?4DD;J= &8K6 98 E46=:6 ?6 89;C6=:8D;J= A8>:8 @46 A8B8 4= 6>58D;< ?6 CC 6=:76 98 587:6 M8K8 ?69 D8M6F89 ?6 >6998?< B 98 587:6 ?6 877;M8 ?6 98 :858 K #/ % L 9 6>58D;< ?6 CC 567C;:;7N @46 >6 89D8=D6 4=8 89:8 L69<D;?8? ?6 57<?4DD;J= D<= 9<> 76>49:8?<> ?6 >6998?< CN> D<=>;>:6=:6> 8 98 L6F @46 >6 567C;:6= L87;8D;<=6> ?6 98 89:478 ?6 9<> 76D;5;6=:6> CC #/ % ) U X 48=?< >6 4:;9;F8 4= D8M6F89 ?6 :Q=69 57<E4=?<2 =< >6 4:;9;F8 69 D7;:67;< ?69 6>58D;8?< 6>:N=?87 <> D8M6F896> ?6 :Q=69 57<E4=?< :;6=6= ;=?;D8?<76> ?6 9O=68 D6=:789 6= 98 587:6 ?6 877;M8 B 6= 9<> 98?<> ?69 :Q=69 * #/ % L 9H4=<> 567E;96> ?6 M<:6998 546?6= 6L;:87 @46 98 6=L<9:478 ?6 9NC;=8 ?6 894C;=;< >6 89;=66= D<= 6>8> C87D8> = 6>6 D8><2 98 9NC;=8 ?6 894C;=;< A8 ?6 >67 D<9<D8?8 :8= 96K<> ?6 98 C46>D8 D<C< >68 5<>;M96 >;= 6ID6?67 98> C87D8> ?6 D6=:78?< 0 & X 0 & #/ G #/ % ) U X V <= 69 D8M6F89 ?6 >6998?< ?6 :Q=69 D<=L6=D;<=892 69 6>58D;< ?6 CC >6 6>:8M96D6 ?6>?6 98 587:6 ?6 877;M8 ?69 :Q=69 B 98 :8582 B8 @46 98 :858 >6 ;=>67:8 6= 69 :Q=69 K #/ % L7 (( ( ( 4567 689 5678:;<=> 8=489 B % Y Z ) U = C4DA<> D8><>2 >6 4:;9;F87N= L87;<> :8C8P<> ?6 :858 6= 98 C;>C8 E46=:6 ?6 89;C6=:8D;J= 9 D8M6F89 ?6 >6998?< . / B 69 6@4;5< ?6 7<:8D;J= 567C;:6= C<L67 69 D8M6F89 ?6 >6998?< 5878 8?85:879< 8 L87;<> :8C8P< ?6 :858 >;= :6=67 @46 D8CM;87 69 D8M6F89 ?6 >6998?< 9 D8M6F89 ?6 >6998?< . / 546?6 H;787>6 6= >;6:6 * + H78?<> CN> 857<I;C8?8C6=:6 B 6= D48:7< 5<>;D;<=6> ?;E676=:6> K #/ % 1L 9 D48?7< ?6 8M8K< ;=?;D8 98 5<>;D;J= ;?689 5878 D8?8 :8C8P< ?6 D8?8 6=L<9:478 <> ><5<7:6> ?69 D<=K4=:< ?6 7<:8D;J= >;7L6= 5878 H4;87 98 7<:8D;J= ?69 D8M6F89 ?6 >6998?< D<= 69 E;= ?6 57<5<7D;<=87 69 N=H49< D<776D:< 5878 D8?8 :8C8P< ?6 6=L<9:478 C<>:78?< 6= 69 D48?7< <> A4>;99<> C<96:68?<> ?6 M9<@46< >;7L6= 5878 M9<@4687 69 D8M6F89 ?6 >6998?< 6= >4 94H87 QC 696C6=:< 6>D7;5D;J= <>;D;J= ( 1CC <>;D;J= 1CC <>;D;J= 1#CC <>;D;J= (( (CC (( ( ( 1# 1 *CC+ *CC+ 1 ( 1 1# (( 1 ( 0 4= ( '% %'# % #? % % @ > I ! 4 #5#I ' 8 / ' "% #? =% % %! / % ! ''% %= =#% 7 878 D8CM;87 98 5<>;D;J= ?69 D8M6F89 ?6 >6998?< =< >6 =6D6>;:8 =;=H4=8 A6778C;6=:8 E9<K6 8CM<> A4>;99<> C<96:68?<> ?6 M9<@46<2 4=< 8 D8?8 98?< ?69 D8M6F89 ?6 >6998?< <:87 69 D8M6F89 ?6 >6998?< A8>:8 98 5<>;D;J= 857<5;8?8 5878 69 :8C8P< ?6 :858 @46 >6 6>:G 4:;9;F8=?< 6=:76 98 9O=68 ;=?;D8?<78 8?6D48?8 6= 9<> A4>;99<> C<96:68?<> ?6 M9<@46< 6= D8?8 6I:76C< ?69 D8M6F89 ?6 >6998?< B 857;6:6 E467:6C6=:6 9<> A4>;99<> > ;C5<7:8=:6 @46 D8?8 6I:76C< ?69 D8M6F89 ?6 >6998?< :6=H8 98 C;>C8 89:478 6= 7698D;J= D<= 69 :78=>5<7:8?<7 K #/ % L >6HQ76>6 ?6 @46 98> :858> 6=:78= B >896= 6= 69 D8M6F89 ?6 >6998?< ?6 E<7C8 D6=:78?8 48=:< CN> 89:8 6>:G 98 6=L<9:478 6= 69 D8C5<2 C8B<7 D896=:8C;6=:< >6 57<?4D;7N <7 :8=:<2 D<= 98> :858> >6 546?6= 89D8=F87 L69<D;?8?6> C8B<76>2 6= D<C5878D;J= D<= 98> - #/ % 1 8 89;=68D;J= 857<5;8?8 ?69 D8M6F89 ?6 >6998?< . / 6> D7O:;D8R >;H8 9<> >;H4;6=:6> 58><> 5878 7689;F87 4= 8K4>:6 857<5;8?< X X 6=67D<= $ 0 7;C67<2 89;=66 98 E46=:6 ?6 89;C6=:8D;J= B 69 D8M6F89 ?6 >6998?< ><M76 69 :78=>5<7:8?<7 D<= 69 D8M6F89 ?6 >6998?< 6= 98 5<>;D;J= =QC 9 ><5<7:6 % D877< ?6M6 >67 >6H47< 9;=66 B ?6K6 4= 6>58D;< 6=:76 69 57<?4D:< B 69 D8M6F89 ?6 >6998?< 4:;9;F8=?< 69 C;>C< D7;:67;< 4:;9;F8?< D<= 4= D8M6F89 ?6 >6998?< 598=< K@Q%! #/ % L B 8>6HQ76>6 ?6 @46 567C8=6D6 D6=:78?< 6= :<?8 98 9<=H;:4? ?69 D8M6F89 ?6 >6998?< 9;K8 98 5<>;D;J= 857<5;8?8 5878 9<> :8C8P<> ?6 :858 @46 >6 L8= 8 4:;9;F87 B 7<:6 69 D8M6F89 ?6 >6998?< 8 6>8 5<>;D;J=R LG8>6 98 :8M98 8=:67;<7 (( ( ( 4567 689 5678:;<=> 8=489 0 S S S S 3 S S* & W + - #/ S S S S & & - % 0 1T 8 E46=:6 ?6 89;C6=:8D;J= 4:;9;F8 4= ;=?;D8?<7 ?6 >89;?8 ?;H;:89 5878 76576>6=:87 69 5<7D6=:8K6 ?6 >89;?8 B 4=<> > 5878 76576>6=:87 98> D<=?;D;<=6> ?6 E899< B D<=:7<92 8>O D<C< M<:<=6> 5878 C8=;54987 69 6>:8?< ?6 98 E46=:6 ?6 89;C6=:8D;J= ;=:67745:<7 C8H=6:<:G7C;D< ?69 D;7D4;:< < 69 ;=:67745:<7 ?6 >4C;=;>:7< 69GD:7;D< 6>:G 6= 5<>;D;J= 2 >;= =;=HQ= D<C8=?< ?6 546>:8 6= C87DA8 = D<=?;D;<=6> =<7C896> ?6 E4=D;<=8C;6=:<2 69 ;=?;D8?<7 ?6M67O8 C<>:787 4=8 96D:478 D<=>:8=:6 ) " * *;+ *Y+ *K+ *H+ #/ *A+ ! '% =% "%''% 8+ " 6:;6=6 98 E46=:6 ?6 89;6=:8D;J= ?6 C8=678 9<D892 69;C;=8 9<> E899<> *;+ ) *K+ ) B *! )CM872 C<?< ?6 546>:8 6= C87DA8 6= 76C<:< >696DD;<=8?< E+ V !# # % %! ?+ *9+ V 878 >696DD;<=87 69 C<?< C8=489 < 84:<CN:;D< HHH < HHH ) U D F C V C C <F 7 )B V < ) U ) B 7 )B 5%'' 878 >696DD;<=87 69 C<?< 9<D89 < 76C<:< )CM872 C<?< 84:<CN:;D< >696DD;<=8?< <K<2 E899< ?6 :6C5678:478 6+ 5878 ?;>C;=4;7 98 >89;?8 " # *Y+ 67?62 D<77;6=:6 ?6 >89;?8 A8D;8 69 D8M6F89 ?6 >6998?<2 D<77;6=:6 76H498?8 D+ 878 ;=D76C6=:87 98 >89;?8 ' 67?62 ;=:67745:<7 C8H=6:<:G7C;D< D<=6D:8?<3 D<77;6=:6 69GD:7;D8 D<=6D:8?8 M+ "%' A+ % 2 # % ! 9 =% ' # " =" ! 4 4( % % K #/ % 2L 6= 69 E7<=:89 ?6 98 E46=:6 ?6 89;C6=:8D;J= :;6=6 9<> >;H4;6=:6> ;=?;D8?<76>3 '5 <=6 6= + C87DA8 98 E46=:6 ?6 89;C6=:8D;J= ?6 C8=678 9<D89 *?+ *6+ *E+ *9+ ' =% H+ + *8+ *M+ *D+ G D F B G B ) : . B ) U ) B 7 0 ! /N ! I '% 5 (' I ! R% 4='# ! ! #( '% # " #? # " =" = @#%4 " . "%' #? 7 <K<2 E899< ?6 98 E46=:6 ?6 89;C6=:8D;J= # % !%'# % #/#"%' 9 ;=?;D8?<7 ?6 >89;?8 C46>:78 98 >89;?8 ?6 98 E46=:6 ?6 89;C6=:8D;J= 6= 5<7D6=:8K6 9 ;=?;D8?<7 C<>:787N 69 =;L69 ?6 >89;?8 >696DD;<=8?< D48=?< 69 (( ! ( ( 4567 689 5678:;<=> 8=489 4 = 98 :78>678 ?6 98 4=;?8?2 >6 6=D46=:78 4= # " =" # " 'Q " # % K@Q%! #/ % $L @46 >;7L6 5878 D<=6D:87 98 E46=:6 ?6 89;C6=:8D;J= ;76 69 ;=:67745:<7 ?6 D<77;6=:6 69GD:7;D8 A8>:8 98 5<>;D;J= R >6 6=D6=?67N 98 94F ?6 6= 98 C6CM78=8 B 69 ;=?;D8?<7 ?6 >89;?8 C<>:787N 69 =;L69 ?6 >89;?8 >696DD;<=8?< >6HQ76>6 ?6 @46 >6 :;6=6 6= D46=:8 D489@4;67 94F ?6 E899< @46 >6 6=D;6=?8 K@Q%! ' =% "% 2 T U G ) L <> E899<> ?6M67O8= 69;C;=87>6 D48=?< >6 576>;<=6 ; 98> 94D6> ?6 < V 6>:N= 6=D6=?;?8>2 549>6 69 M<:J= 857<5;8?<2 < 2 5878 567C;:;7 98> <5678D;<=6> (( ( ( 4567 689 5678:;<=> 8=489 B + 8 >67;6 4567 689 L;6=6 ?6 C8=678 6>:N=?87 D<= 98 D858D;?8? ?6 546>:8 6= C87DA8 6= 76C<:< < @46 546?6 L87;87 6> DJC< >6 4:;9;F8 6>:8 D878D:67O>:;D8 8 546>:8 6= C87DA8 6= 76C<:< 567C;:6 58787 B 8778=D87 98 E46=:6 ?6 89;C6=:8D;J= ?6>?6 4=8 5<>;D;J= ?;>:;=:8 89 58=69 ?6 C6CM78=8 8 #/ % 2 C46>:78 98 4M;D8D;J= ?69 M<:J= ?6 B 98 #/ % , C46>:78 69 D8M96 B 69 D<=6D:<7 8><D;8?<> D<= 98 D878D:67O>:;D8 ?6 546>:8 6= C87DA8 6= 76C<:< 9 M<:J= -- #/ % $ 48=?< 98 4=;?8? 6>:N 6= C<?< B B =< A8B 94D6> ?6 5%'' 6=D6=?;?8>2 549>6 69 M<:J= + 5878 5<=67 6= C87DA8 98 4=;?8? 6 ?6M67O8 C<>:787 98 D<77;6=:6 ?6 >89;?8 B 98 94F ?6 ?6M67O8 6>:87 6=D6=?;?8 8 4=;?8? 6>:N 6= E4=D;<=8C;6=:< D48=?< >6 6=D;6=?6 98 94F ?6 B 69 ;=?;D8?<7 76H;>:78 89HQ= 5<7D6=:8K6 ?6 >89;?8 B B8 =< 58758?68 8 4=;?8? 546?6 6>:87 E4=D;<=8=?< 89 CO=;C< 8K4>:6 < =< <= 98 4=;?8? 6= E4=D;<=8C;6=:<2 546?6 549>87>6 98 E96DA8 ) 5878 ;=D76C6=:87 69 =;L69 ?6 >89;?8 A8>:8 @46 >6 89D8=D6 69 =;L69 ?6>68?< B G>:6 >6 C46>:76 6= 69 ;=?;D8?<7 49>8=?< 98 E96DA8 ) B >6 ?;>C;=4B6 69 =;L69 0 ' #@ ' !%'# % "%4(#Q ! = 4# " %! ' # # % =% =% % 7 ! ' !%'# % # % !"8 49>6 69 M<:J= 5878 858H87 98 4=;?8? 48=?< >6 576>;<=8 6>:6 M<:J=2 ><9< ?6M67O8 6>:87 6=D6=?;?8 98 94F ?6 B 69 ;=?;D8?<7 ?6 >89;?8 58758?687N ?6 =46L< 58H46 >;6C576 98 E46=:6 ?6 89;C6=:8D;J= D<= 8=:6> ?6 5<=67 69 ;=:67745:<7 C8H=6:<:G7C;D< ?69 D;7D4;:< < 69 ;=:67745:<7 ?6 D<77;6=:6 69GD:7;D8 6= 5<>;D;J= 9 5<=67 69 ;=:67745:<7 C8H=6:<:G7C;D< ?69 D;7D4;:< < 69 ;=:67745:<7 ?6 D<77;6=:6 69GD:7;D8 6= 98 5<>;D;J= 2 >6 ;=:6774C5;7N 69 >4C;=;>:7< ?6 D<77;6=:6 69GD:7;D8 8 98 4=;?8? B :<?<> 9<> ;=?;D8?<76> ?69 58=69 E7<=:89 B 69 ;=?;D8?<7 ?6 >89;?8 >6 858H87N= >6 4:;9;F8 5878 89:67=87 6=:76 9<> < = 98 5<>;D;J= 2 @46 6> 98 576?6:67C;=8?82 :<?<> 9<> D<=:7<96> >6 :78=>E;676= 89 58=69 ?6 C6CM78=8 >;:48?< 6= 69 E7<=:89 ?6 98 4=;?8? 4567 689 89 D<C< >6 C46>:78 6= 98 #/ % ,2 69 D<=6D:<7 <5D;<=89 ?6 8=498D;J= ?6 ;=:67745:<7 ?6 M9<@46< >6 546?6 8D<5987 89 D<=6D:<7 ?6 + ) C 2 9< D489 D4C596 69 76@4;>;:< ?69 ;=:67745:<7 ?6 M9<@46< B 567C;:6 @46 98 4=;?8? >6 5<=H8 6= C87DA8 B >6 ?6:6=H8 ?6 C8=678 9<D89 C<?<> 48=?< >6 6>:N 6= C<?< 6> =6D6>87;< D<=6D:87 98 4=;?8? 8 4= D<=:8D:< >6D< 6I:67=< C6?;8=:6 69 D8M96 >4C;=;>:78?< 8 #/ % , ;94>:78 69 D8M96 >4C;=;>:78?< B DJC< D<=6D:879< D<= 69 D<=6D:<7 ?6 + ) C >:< 567C;:;7N 98 D<C4=;D8D;J= ?6 9<> D<=:8D:<> >6D<> 6I:67=<> :8=:< D<= 69 ;=:67745:<7 ?6 M9<@46< D<C< D<= 98 546>:8 6= C87DA8 6= 76C<:< <> D8M96> ?6 ;=:67745:<7 ?6 M9<@46<2 =6H7< B 7<K<2 =<7C89C6=:6 ?6M6= 6>:87 6= 4= 6>:8?< D6778?< 5878 @46 98 4=;?8? >6 5<=H8 6= C87DA8 =:6> ?6 @46 9<> D8M96> ?6 546>:8 6= C87DA8 6= 76C<:<2 M98=D< B L67?62 5<=H8= 6= C87DA8 98 4=;?8?2 6> =6D6>87;< 549>87 69 M<:J= + 6= 69 58=69 ?6 C6CM78=8 >:< D<=E;H4787N 8 98 4=;?8? 5878 98 546>:8 6= C87DA8 6= 76C<:< C6?;8=:6 98 8D:;L8D;J= ?69 D;7D4;:< ?6 D<=:7<92 9< D489 567C;:;7N 76D;M;7 98 >6P89 ?6 546>:8 6= C87DA8 6= 76C<:< 0 %@ >I ' %(' % I '% 5 " ' %(' % ! 3" . '% %= " % '# " =" (' I % !% 8 %'#4 "% #? ! " /%7 67N =6D6>87;< D<776H;7 98 D84>8 ?6 98 8567:478 ?69 ;=:67745:<7 ?6 M9<@46< B L<9L67 8 859;D87 4= 6>:8?< D6778?< < D<=6D:8?< 6= 9<> D8M96> =6H7< B 7<K< (( ( ( 4567 689 5678:;<=> 8=489 8CM;G= >67N =6D6>87;< 549>87 69 M<:J= >6 >696DD;<=8= =;L696> ?6 >89;?8 5<7 ?6M8K< ?6 9<> CO=;C<>2 ?;DA<> =;L696> ><9< 567C;:;7N= @46 69 E4=D;<=6 D<C< 4=8 8987C8 ?6 6=D6=?;?< % 858H8?< <> =;L696> CO=;C<> ?6 >89;?8 ><= 9<> 5<7D6=:8K6> 8 9<> @46 98 E46=:6 ?6 89;C6=:8D;J= E4=D;<=8 D48=?< 98 >89;?8 >6 8K4>:8 D<C596:8C6=:6 5<7 ?6M8K< ?6 699<> 9 4CM789 CO=;C< ?69 ?6M6 6>:87 6=:76 6><> =;L696> CO=;C<> ?6 >89;?8 B 69 ((U ( Z U2 Z (U2 B (( Z U <= 98 <5D;J= ?6 :<776 ?6 94D6>2 98 D<=>;H=8 8K4>:8M96 ?69 >6 C<>:787N C6?;8=:6 69 D8CM;< ?6 6>:8?< ?6 98 :<776 ?6 94D6> 48=?< 69 E4=D;<=8C;6=:< >6 6=D46=:78 ><M76 69 4CM789 6>:8M96D;?<2 98 94F >67N L67?6 48=?< 98 >89;?8 6>:N M8K< 69 4CM7892 98 94F D8CM;87N 8 7<K< 58758?68=:6 5878 ;=?;D87 4= 6>:8?< ?6 8987C8 48=?< 98 4567 689 >6 D<=6D:8 89 >4C;=;>:7< 69GD:7;D<2 567< 6= 4= 6>:8?< ?6 5878?82 98 94F ?6 6>:8?< 6>:87N 58758?68=?< 6= D<9<7 7<K< + D<= 69 E;= ?6 76D<=E;H4787 98 4=;?8? 5878 4= =46L< D<C8=?< ?6 546>:8 6= C87DA8 6= 76C<:< ; >6 D4C596= 98> D<=?;D;<=6> 8=:67;<76>2 9<> D8M96> M98=D< B L67?6 C<>:78?<> 6= 98 #/ % , 5878 69 D<=:8D:< ?6 546>:8 6= C87DA8 6= 76C<:< 546?6 4:;9;F87>6 5878 5<=67 6= C87DA8 B ?6:6=67 98 4=;?8? ?6CN>2 >; >6 ?6:6D:8 89HQ= E899< 6= 98 4=;?8? 4567 689 2 69 E899< ?6M6 D<776H;7>6 B >6 ?6M6 549>87 69 M<:J= ?69 58=69 ?6 C6CM78=8 5878 69;C;=87 69 6>:8?< ?6 677<7 8CM;G= >67N =6D6>87;< 549>87 69 M<:J= + 8=:6> ?6 76D;M;7 4= =46L< D<C8=?< ?6 546>:8 6= C87DA8 6= 76C<:< B ) 8 E4=D;J= 8K4>:8M96 57<5<7D;<=8 98 C8=678 ?6 8K4>:87 69 9OC;:6 ;=E67;<7 < 4CM789 5878 @46 546?8 E4=D;<=87 69 D;7D4;:< ?69 ; 98 >89;?8 C<>:78?8 6= 69 ;=?;D8?<7 ?;H;:89 ?6>D;6=?6 M8K< 98 D<=>;H=8 576?6:67C;=8?82 9<> D<=:8D:<> ?6 769G *57<5<7D;<=8?<> 5878 ;=?;D87 69 6>:8?< ?6 >89;?8+ D8CM;87N= ?6 6>:8?< 8 D<=>;H=8 ?69 >6 D<=E;H478 8 (U ?478=:6 98 E8>6 ?6 5746M8> ?69 6@4;5< 8 D<=>;H=8 ?69 >6 546?6 D<=E;H4787 89 =;L69 @46 ?6>66 ?6=:7< ?69 78=H< ?6 >89;?8 ?6 98 4=;?8? HHH F ) 5678:;<=> 8=489 G ) C ; F 7 <Q%! '% 5#/ % ,. =# >% N47 2 =% % ! 4# #!" ! ! "% " ! =% % # #" ! 3" !7 B ! D '# % #? ' %( >%' ! ''% >6HQ76>6 ?6 @46 69 D8M6F89 ?6 >6998?< 6>:N 89;=68?< ?6 C8=678 D<776D:8 G8>6 69 587:8?< =>:898D;J= 5878 4=8 D<776D:8 D<=E;H478D;J= B 89;=68D;J= %'# % ' #=# " >6HQ76>6 ?6 @46 69 N768 ?6 D<=:8D:< ?69 76D;5;6=:6 *54=:< ?6 >6998?< ?6 98 M<:6998+ 6>:N 78F<=8M96C6=:6 9;M76 ?6 57<:4M678=D;8>2 76M8M8>2 6:D I #!#" ! ' =% " !#? >6HQ76>6 ?6 @46 98> :858> :;6=6= 69 587 ?6 :<7>;J= D<776D:< <> 76@4;>;:<> A8M;:4896> >6 C46>:78= 6= 98 >;H4;6=:6 :8M98 8 E46=:6 ?6 89;C6=:8D;J= 6> =6D6>87;8 5878 69 E4=D;<=8C;6=:< 89 =;L69 576>696DD;<=8?< ?6 D<77;6=:6 ?6 >89;?8 CO=;C8 < 5<7 6=D;C8 ?6 G9 ; 4567 689 V . ) C8=:6=H8 69 M<:J= B ?6>54G> 549>6 98 8 6>:N D<=E;H478?< 69 =;L69 ?6 E96DA8 ) B >89;?8 CO=;C< 48=?< 98 4=;?8? 6>:G 6= E4=D;<=8C;6=:<2 >; 69 =;L69 ?6 >89;?8 ?6>D;6=?6 M8K< 6>:8 D<=>;H=82 98 94F ?6 >6 858H87N B 9<> D<=:8D:<> ?69 D8CM;87N= ?6 6>:8?< 8 E46=:6 ?6 89;C6=:8D;J= D<=:;=487N E4=D;<=8=?<2 ;=D94>< 84=@46 98 94F ?6 6>:G 858H8?82 >;6C576 B D48=?< >6 C46>:76 89HQ= 5<7D6=:8K6 ?6 >89;?8 6= 69 58=69 E7<=:89 ( ( HHH ) - =8 L6F @46 >6 A8B8 ?6:67C;=8?< 69 =;L69 CO=;C< ?6 >89;?8 ?6>68?<2 6>:6 L89<7 546?6 >696DD;<=87>6 ?6>?6 69 58=69 E7<=:89 ?6 98 E46=:6 ?6 89;C6=:8D;J= 878 D<=E;H4787 69 =;L69 CO=;C< ?6 >89;?82 6=D;6=?8 69 ;=:67745:<7 C8H=6:<:G7C;D< ?69 D;7D4;:< < 69 ;=:67745:<7 ?6 >4C;=;>:7< 69GD:7;D< B L67;E;@46 @46 69 ;=?;D8?<7 ?6 >89;?8 6>:N 58758?68=?< 696DD;<=6 69 =;L69 CO=;C< ?6>68?< 4:;9;F8=?< 98> E96DA8> ) ) B ?69 58=69 E7<=:89 =8 L6F @46 >6 A8 >696DD;<=8?< 69 =;L692 549>6 B (( < 1 %4%J '% "%=% CC 1CC (CC CC CC 1CC CC 1CC CC 1CC %4%J '% "%=% % " !#? 1 C (2 # 2 C (2# 2 C 2 1 2 C 21 C 2( C 2 # 21 C 2# 2# C 2( 2( C 2 2 1 C 2 CC 1CC CC (CC 1 CC 1#CC ((CC (CC (CC " % !#? ( C 2 # 2 C 21 21 C 2 2 C 2 2 1 C 2(1 2 C 2 C 2#( 21 12 C 2 C 12 < <9<@46 69 ;=:67745:<7 C8H=6:<:G7C;D< ?69 D;7D4;:< < 69 ;=:67745:<7 ?6 >4C;=;>:7< 69GD:7;D< 6= 98 5<>;D;J= 8 94F ?6M67O8 6=D6=?67>6 B 567C8=6D67 6=D6=?;?8 ; >6 6>:N 6= C<?< < V >6 6=D6=?67N :8CM;G= 98 94F D<776>5<=?;6=:6 B 49>6 69 M<:J= + 8>6HQ76>6 ?6 @46 69 ;=?;D8?<7 4= 5<7D6=:8K6 D<=>:8=:6 ?6 >89;?8 696DD;<=6 4= =;L69 ?6 >89;?8 C<?678?< 4:;9;F8=?< 98> E96DA8> ) % ) B <C;6=D6 98> 5746M8> 5<=;6=?< 4= ><9< 76D;5;6=:6 ?6M8K< ?69 D8M6F89 ?6 >6998?< <C5746M6 >; >6 >6998 98 M<:6998 6 A8 >6998?<[ ; =< 6> 8>O2 8K4>:6 98 >89;?8 8 4= =;L69 CN> 89:<R >; >6 A8 ><M76D896=:8?<2 8K4>:6 98 >89;?8 8 4= =;L69 CN> M8K< 6E;=6 69 8K4>:6 D<= 4=8 L87;8D;J= ?69 J U A8>:8 @46 >6 D<=>;H8 69 >6998?< ?6>68?< <9<@46 4= H745< ?6 L87;<> 76D;5;6=:6> C4B K4=:<> @46 <D456= D<C596:8C6=:6 69 6>58D;< M8K< 69 D8M6F89 ?6 >6998?< >:< 57<M87N 9<> 76@4;>;:<> ?6 D87H8 ?6 5<:6=D;8 5878 4=8 >;:48D;J= ?6 D87H8 CNI;C8 6= 98 @46 >6 4:;9;F8= 6><> 76D;5;6=:6> 67;E;@46 @46 69 ;=?;D8?<7 7689;F8 4=8 96D:478 D<=>:8=:6 D48=?< 7689;D6 6>:8 5746M8 6H;>:76 98 96D:478 ?69 ;=?;D8?<72 98 L69<D;?8? ?6 98 9O=68 B 69 :;5< ?6 76D;5;6=:6 6= 98 :8M98 ?6 >;:48?8 6= 69 V 5878 E4:478> D<=>49:8> 08H8 9< C;>C< 5878 9<> ?;E676=:6> :;5<> ?6 :858> B 76D;5;6=:6> 4:;9;F8?<> (( ( ( 4567 689 5678:;<=> 8=489 # B ) 6M;?< 8 98 8C59;8 L87;6?8? ?6 C8:67;896> ?6 >6998?< ?;>5<=;M96>2 98> 57<5;6?8?6> 587:;D49876> ?6 8?A676=D;8 :6=?7N= @46 >67 ?6:67C;=8?8> 5<7 69 D9;6=:6 6=6789C6=:62 >6 546?6 ?6:67C;=87 4= >6998?< 857<5;8?< C6?;8=:6 98> 576H4=:8> ?6 98 >;H4;6=:6 :8M98 U G O " 4% % !% = 8 6998?< 587D;892 >6998?< ?GM;92 >;= >69987 (%(' !#(' ! ' <:6=D;8 ?6 >6998?< ;=>4E;D;6=:62 :78=>5<7:8?<7 8 ?6C8>;8?8 L69<D;?8? < 5<:6=D;8 ?6 >89;?8 >696DD;<=8?8 ?6C8>;8?< M8K8 9:478 =< 8?6D48?8 ?6 98 M<M;=8 59;D8D;J= ?6 4= 587 ?6 :<7>;J= ;=>4E;D;6=:6 =L<9:478 ?6 ;=?4DD;J= ;=D<C58:;M96 D<= 69 C8:67;89 ?6 98 M<:6998 9 M<7?6 ?69 D4699< ?6 98 M<:6998 A8 >;?< :78:8?< @4OC;D8C6=:6 < C6?;8=:6 E46H< C567E6DD;<=6> 6= 69 8D8M8?< ?69 76D;5;6=:6 < 6= 98 >4567E;D;6 ?6 D<=:8D:< <:6=D;8 ?6 >6998?< >696DD;<=8?8 ?6C8>;8?< 89:8 8 L69<D;?8? ?69 :78=>5<7:8?<7 >696DD;<=8?8 6> ?6C8>;8?< M8K8 8 ;L69 ?6 ?6776:;?< ?6 98 D678 ;=>4E;D;6=:62 :78=>5<7:8?<7 8 ?6C8>;8?8 L69<D;?8? < 5<:6=D;8 ?6 >89;?8 >696DD;<=8?8 ?6C8>;8?< M8K8 M 9:478 ?6 98 M<=;=8 =< 8?6D48?8 *?6C8>;8?< 89:8+ D 59;D8D;J= ?6 4= 587 ?6 :<7>;J= 6ID6>;L< ? 8:67;89 ?6 6=L<9:478 ?6 6>54C8 ><9?8?< 89 5<9OC67< ?478=:6 98 ;=?4DD;J= ?6 98 6=L<9:478 8 M D ? 6 E 699< 6I:76C8?8C6 =:6 ?;EOD;9 ?6 @4;:87 *6=L<9:478 ?6 4=8 5;6F8+ ) 8 M 8 858 6I:76C8?8C6 =:6 ?;EOD;9 ?6 @4;:87 *6=L<9:478 ?6 ?<> 5;6F8>+ 8 =L<9:478 ?6 D87:J= @46C8?8 <:6=D;8 ?6 >6998?< 6ID6>;L82 :78=>5<7:8?<7 8 C4B M8K8 L69<D;?8? < 5<:6=D;8 ?6 >89;?8 >696DD;<=8?8 ?6C8>;8?< 89:8 M 8> M<:6998> 76:7<D6?6= M8K< 69 D8M6F89 ?6 >6998?< D 59;D8D;J= ?6 4= 587 ?6 :<7>;J= ;=>4E;D;6=:6 ? >58D;< 6=:76 98 6=L<9:478 B 69 M<7?6 ?69 76D;5;6=:6 D84>8?< 5<7 4= ?6E6D:< 6= 69 76D;5;6=:6 8 -8D;9;?8? 6ID6>;L8 89 @4;:87 98 :858 M D 8 67E<78D;J= E6D:< 76C<9;=< 6= 98 6=L<9:478 (( ( ( M 8 M 59;D8D;J= ?6 4= 587 ?6 :<7>;J= ;=>4E;D;6=:6R :858 =< 859;D8?8 ?6 E<7C8 >6H478 59;D8D;J= ?6 4= 587 ?6 :<7>;J= 6ID6>;L<R 98 :858 >6 7<C56 6= :;78> >58D;< D768?< D48=?< 98 D678 6> 8M><7M;?8 5<7 69 D87:J= <:6=D;8 ?6 >6998?< 6ID6>;L82 :78=>5<7:8?<7 8 C4B M8K8 L69<D;?8? < 5<:6=D;8 ?6 >89;?8 >696DD;<=8?8 ?6C8>;8?< 89:8 46?6 @46 69 57<?4D:< 6>:G 8:8D8=?< 8 98 6=L<9:478 >; 98> 567E<78D;<=6> M8>:8=:6 ?6>54G> ?6 @46 >6 A8B8 D<=E;7C8?< 4= M46= >6998?< 6859;D8D;J= ?69 587 ?6 :<7>;J= ?6C8>;8?< 57<=:< ?6>54G> ?69 >6998?< 5<7 ;=?4DD;J= 8 D678 =< E46 8M><7M;?8 D<C596:8C6=:6 5<7 69 D87:J= 4567 689 5678:;<=> 8=489 ( M D ? 6 E #? G8>6 98 5NH;=8 5878 98 ?6:67C;=8D;J= ?69 =;L69 ?6 >89;?8 G8>6 98 5NH;=8 5878 98 89;=68D;J= ?69 D8M6F89 ?6 >6998?< <C5746M6 @46 >6 859;D8 69 587 ?6 :<7>;J= 857<5;8?< <=:8D:6 D<= >4 57<L66?<7 < 6=LO696 6K6C59<> ?6 98> 5746M8> <=:8D:6 D<= >4 57<L66?<7 <=:8D:6 D<= >4 57<L66?<7 8 G8>6 98 5NH;=8 5878 98 ?6:67C;=8D;J= ?69 =;L69 ?6 >89;?8 M >6HQ76>6 ?6 @46 98 L69<D;?8? ?6 98 9O=68 6> 98 D<776D:8 G8>6 98 5NH;=8 5878 98 ?6:67C;=8D;J= ?69 =;L69 ?6 >89;?8 G8>6 98 5NH;=8 5878 98 ?6:67C;=8D;J= ?69 =;L69 ?6 >89;?8 M G8>6 98 5NH;=8 5878 98 89;=68D;J= ?69 D8M6F89 ?6 >6998?< D <C5746M6 @46 >6 859;D8 69 587 ?6 :<7>;J= 857<5;8?< ? 9 C8:67;89 ?6 98 :858 B 69 C8:67;89 ?6 76>589?< ?6 98 6=L<9:478 546?6 @46 >68= ?6C8>;8?< D<C58:;M96>R D<=:8D:6 D<= >4 57<L66?<7 8 G8>6 98 5NH;=8 5878 98 ?6:67C;=8D;J= ?69 =;L69 ?6 >89;?8 M G8>6 98 5NH;=8 5878 98 89;=68D;J= ?69 D8M6F89 ?6 >6998?<R D<C5746M6 @46 98 :858 =< 6>:G 98?68?8 < ?6:6=H8 69 :78=>5<7:8?<7 C;6=:78> 98 4=;?8? 6>:N 8Q= 6= E4=D;<=8C;6=:< D <C5746M6 @46 >6 859;D8 69 587 ?6 :<7>;J= 857<5;8?< ? <=:8D:6 D<= >4 57<L66?<7 8 <C5746M6 @46 >6 859;D8 69 587 ?6 :<7>;J= 857<5;8?< M <C5746M6 @46 >6 859;D8 69 587 ?6 :<7>;J= 857<5;8?< D <=:8D:6 D<= >4 "6E6 ?6 6=:8> 5878 ?;>D4:;7 5<>;M96> ><94D;<=6> 8 G8>6 98 5NH;=8 5878 98 ?6:67C;=8D;J= ?69 =;L69 ?6 >89;?8 M <=:8D:6 D<= >4 57<L66?<7 < 6=LO696 6K6C59<> ?6 98> 5746M8> 8 6>598D6 69 6@4;5< ?6 76859;D8D;J= ?69 587 ?6 :<7>;J= CN> 896K8?< ?6 98 >6998?<78 M G8>6 98 5NH;=8 5878 98 ?6:67C;=8D;J= ?69 =;L69 ?6 >89;?8 D 9 5<7 ;=?4DD;J= ?6 =67D<C 6>:N ?;>6P8?< 5878 =6D6>;:87 69 CO=;C< C8=:6=;C;6=:< ;= 6CM87H<2 5878 8>6H4787 4=8 E;8M;9;?8? ?6 987H8 ?478D;J=2 6> 8D<=>6K8M96 598=;E;D87 57<H78C8> ?6 C8=:6=;C;6=:< >:8 >6DD;J= ;=D94;7N 9<> 57<D6?;C;6=:<> ?6 C8=:6=;C;6=:< 76D<C6=?8?<>2 :8=:< 576L6=:;L<> D<C< D<776D:;L<> D K . G < L < 0 878 69 E4=D;<=8C;6=:< ?6 6>:6 6@4;5< 6> =6D6>87;< 69 4>< ?6 89:< L<9:8K6 6 A8= :<C8?< 98> 576D84D;<=6> =6D6>87;8> 8 98 A<78 ?6 ?;>6P87 6>:6 6@4;5< D<= 69 E;= ?6 A8D679< :8= >6H47< D<C< A8 >;?< 5<>;M96 :8=:< 5878 69 <5678?<7 D<C< 5878 69 567><=89 ?6 C8=:6=;C;6=:< ;= 6CM87H<2 D<C< =< :<?<> 9<> ;=:67745:<76> ?6 M9<@46< ?;>5<>;:;L<> ?6 >6H47;?8? 546?6= >67 8M><94:8C6=:6 ;=E89;M96>2 >;6C576 >6 ?6M6= :<C87 C6?;?8> ?6 >6H47;?8? D48=?< >6 :78M8K6 D<= 6>:6 6@4;5< )' I 0 ;H8 9<> 57<D6?;C;6=:<> 8?6D48?<> ?6 M9<@46< B >6P89;F8D;J= ?6 >6H47;?8? 8=:6> ?6 6I:7867 D489@4;67 D4M;67:82 58=69 < D8M96 89 @46 >6 :6=H8 8DD6>< >6HQ76>6 ?6 @46 =< >6 546?6 859;D87 D<77;6=:6 69GD:7;D8 8=:6> ?6 8DD6?67 4=D8 8>4C8 @46 4= D;7D4;:< 6>:N ?6>D<=6D:8?< DX EEE ' @ !# 4= " %(%P% /%5%! = " " %! 4# " '% % %!%7 % 3" 4% %4 " = %@# % %'# '% @#!#? ' I #= 7 D<=6D:6 =;=HQ= 6@4;5< 8K6=< 6I:67=< 8 98 D87D8>8 ?69 >;>:6C8 8 9<> D;7D4;:<> ;=:67=<> ?69 6@4;5< <=6D:87 69 6@4;5< ?6 6>:8 C8=6782 8?6CN> ?6 D<=>:;:4;7 4= H78= 569;H7<2 :8CM;G= 546?6 57<L<D87 69 E899< ?69 57<5;< 6@4;5< # " 5# % ' ! # " =" ! (' I ! / # % 0 <> ;=:67745:<76> ?6 M9<@46< ?6 >6H47;?8? =< ?6M6= >67 8=498?<> M8K< =;=H4=8 D;7D4=>:8=D;8 B =< ?6M6 D<=E;87>6 6= @46 9<> ?;>5<>;:;L<> ?6 >6H47;?8? ?69 6@4;5< ?6>D<=6D:6= 69 >4C;=;>:7< 69GD:7;D< %4#'#% O ! %4='#%4 " ' I #= 0 % ;=:6=:6 :78M8K87 D<= 6>:6 6@4;5< 8 =< >67 @46 6>:G D<C596:8C6=:6 E8C;9;87;F8?< D<= G9 (( ( ( 4567 689 5678:;<=> 8=489 !"Q =#! %/ % ! = 5# # ! " 4% "# % " %! !"Q % # % %'I # % %!% ' !#!" 4%7 =8 5;6F8 ?6 C8?678 4 <:7< C8:67;89 8;>98=:6 8D:487\8 D<C< M877678 8?;D;<=89 8 98 A<78 ?6 5;>87 4# '4% %4# " % /% ' ! !% !0 % D<=EO6 6= @46 4= D<=?6=>8?<7 6>:N D<C596:8C6=:6 ?6>D87H8?< 6 ?6M6 4:;9;F87 4= C6?;?<7 < 4=8 D<7768 8 :;6778 5878 D<C57<M87 D8?8 :67C;=89 < M<7=6 8=:6> ?6 C8=;549879<> 9H4=<> :67C;=896> ?6 D<=?6=>8?<72 ;=D94B6=?< 8@4699< =< D<=6D:8?<> 89 M4> ?6 :78M8K< *9<> @46 =< >6 4>8=+2 546?6= :6=67 4=8 D<=>;?678M96 D87H8 6>:N:;D8 !"# $% & '( !!& &)' *&)(+#$&!$%, HHH < DX ) HHH C F V G C C U < % "Q /%! %' P% ' ! # #" ! 8DD6?8 89 ;=:67;<7 ?69 6@4;5< < 8 "% !0 D489@4;67 D87D8>8 69GD:7;D8 >;= A8M67 ?6>D<=6D:8?< 8=:6> 69 >4C;=;>:7< 69GD:7;D< 4=D8 D<=6D:6 69 >4C;=;>:7< 69GD:7;D< 8 98 4=;?8? >;= 98 D4M;67:8 D<9<D8?8 B 8>6H478?8 6= >4 94H87 " %! < 7 G 8> E46=:6> ?6 89;C6=:8D;J= ?6 98> 6>:N= ?;>6P8?8> 5878 ><M76L;L;7 8 9<> 4><> ;=:6=>;L<> @46 >6 96> 546?8= ;C5<=67 M8K< D<=?;D;<=6> ?478> ;= 6CM87H<2 < < 546?6 K4H87 4= ;C5<7:8=:6 58569 5878 4=8 L;?8 Q:;9 57<9<=H8?8 B 98 ?478M;9;?8? ?69 6@4;5< >6HQ76>6 ?6 @46 >6 D4C596= 9<> >;H4;6=:6> 58><>3 HHH HHH ) - C D ) U 7 < > 8D<=>6K8M96 4=8 ;=>56DD;J= L;>489 567;J?;D8 6 ?6M67O8= D<C57<M87 98> 8D4C498D;<=6> ?6 5<9L<2 6:D 2 9< D489 L8 6= ?6:7;C6=:< ?69 6@4;5< =8 C8=H4678 ?6 8;76 76>49:8 D<=L6=;6=:6 5878 76:;787 69 5<9L< ?69 6@4;5< 0 %5 " %'#4 "% #? ! "% % % %!% ! ''% % & ( O% % 4 '% ! !"% #%! 3" %J%!7 ' %( >%' ! ''% = # != # %! "# % '% " "#'' O% I ' ! P "% % % 3" 4 K@Q%! K #/ % L7 ' %( >%' = = !% 48! %" *#' ! & 4 # & "# 3# ! 'Q " # %! # = % %!7 $ 1 1 2 , #/ 8> D<=6I;<=6> 89 >4C;=;>:7< 69GD:7;D< B 89 M4> ?6M6= C8=:6=67>6 8576:8?8> 8> D<=6I;<=6> E9<K8> 546?6= 76D<=<D67>6 5<7 98 ?6D<9<78D;J= ?69 M4> < ?6 >4> 587:6> ; >6 76:;78 98 D87D8>82 >6 546?6 857<L6DA87 5878 D<C57<M87 98> D<=6I;<=6> E467D6 98> D<=6I;<=6> I:78;H8 98> :467D8> ?6 M699<:8 * + ?6 9<> :<7=;99<> ?6 >4K6D;J= ?6 98 598D8 ?6 C<=:8K6* + D<=:;=48D;J=2 76:;76 98 598D8 ?6 C<=:8K6 *1+ B 9<> D<=?6=>8?<76> >6HQ76>6 ?6 @46 98 F<=8 ?6 C<=:8K6 6>:N 9;C5;8 B 9;M76 ?6 76>;?4<> ?6 94M7;D8=:6 >6HQ76>6 :8CM;G= ?6 @46 69 8;>98=:6 <C6I 8Q= 6>:N 6= M46=8> D<=?;D;<=6> ;C5;6 98 F<=8 ?6 C<=:8K6 B 766C598D6 69 8;>98=:6 >; 6> =6D6>87;< <> D<=?6=>8?<76> ?6 >89;?8 >6 6=D46=:78= ?6=:7< ?6 98 E46=:6 ?6 89;C6=:8D;J= 6= 4=8 M8:67O8 ?6 ?<> 8 D48:7< D<=?6=>8?<76> 6:;76 98 D87D8>8 ?6 98 E46=:6 ?6 89;C6=:8D;J= 6 ;=>56DD;<=6 L;>489C6=:6 9<> D<=?6=>8?<76> 5<7 >; A8B 89H4=< A;=DA8?< < D<= 4=8 E4H8 ?6 8D6;:62 8>O D<C< 89H4=8 D<=6I;J= E9<K8 < ><M76D896=:8?8 878 C6?;7 9<> D<=?6=>8?<76> D<= 4= <AC=OC6:7<2 ?6>D<=6D:6 4=< ?6 9<> ?<> D8M96> ?6 >89;?8 B C;?8 98 76>;>:6=D;8 69GD:7;D8 ?6 D8?8 4=< ?6 9<> D<=?6=>8?<76> ?6 D8?8 M8:67O8 K #/ %! & LR 69 E899< CN> A8M;:489 ?6 96D:478 6> 4= D<7:<D;7D4;:< ; 89H4=< ?6 9<> D<=?6=>8?<76> 6>:N A;=DA8?<2 :;6=6 89H4=8 E4H8 < 98> C6?;?8> ><= 56@46P8>2 >67N =6D6>87;< 766C598F87 :<?<> 9<> D<=?6=>8?<76> ?6 6>8 M8:67O8 878 766C598F87 9<> D<=?6=>8?<76> >6 ?6M6= >6H4;7 9<> >;H4;6=:6> 58><>3 =>:896 98 598D8 ?69 M4> * + ><M76 98 5876K8 ?6 857;6:6 8Q= 98> =46L<> D<=?6=>8?<76> 567< :467D8> <9<@46 9<> =46L<> D<=?6=>8?<76> ><M76 98 598D8 M8>6 ?6 98 E46=:6 ?6 89;C6=:8D;J= B 8>6HQ76>6 ?6 @46 9<> M<7?6> ?6 9<> D<=?6=>8?<76> 6>:N= 6= 69 A46D< *#+ ?6 98 598D8 M8>6 >6HQ76>6 ?6 @46 69 C8:67;89 ?6 K4=:8 ?6 76D8CM;< * (+ >6 6=D46=:78 6= D8?8 D<=?6=>8?<7 6>9;D6 98 598D8 ?6 C<=:8K6 ><M76 9<> :<7=;99<> ?6 >4K6D;J= * + B ><M76 9<> D<=?6=>8?<76> 57;6:6 98> :467D8> ?6 M699<:8 A8>:8 @46 69 C8:67;89 ?6 K4=:8 6C5;6D6 8 D<C57;C;7>6 0 7 6>D<=6D:6 69 K4C567 B 9<> D8M96> ?6 >89;?8 * B + B 98 598D8 ?69 M4> * + ?6 9<> D<=?6=>8?<76> * + 6= 98 M8:67O8 8E6D:8?8 6I:78B6=?< 98> :467D8> * + ?6 9<> :67C;=896> ?6 9<> D<=?6=>8?<76> K #/ % L7 (( ( ( 4567 689 5678:;<=> 8=489 % 57;6:6 98> :467D8> ?6 9<> :67C;=896> ?6 9<> D<=?6=>8?<76> 8 .1 4 0 7 6>D<=6D:6 9<> D8M96> ?6 >89;?8 * + B 98> 598D8> ?69 M4> * B + ?6 9<> D<=?6=>8?<76> * + 6= 98 M8:67O8 8E6D:8?8 6I:78B6=?< 98> :467D8> * + ?6 9<> :67C;=896> ?6 9<> D<=?6=>8?<76> K #/ % L7 # $ , ( 1 2 =>:896 98> 598D8> L67:;D896> ?69 M4> * + B 9<> D8M96> ?6 >89;?8 * + ><M76 9<> D<=?6=>8?<76> 567< 857;6:6 8Q= 98> :467D8> <9<@46 98> :467D8> ?6 M699<:8 ><M76 9<> :<7=;99<> ?6 >4K6D;J= B 857;G:698> A8>:8 @46 69 C8:67;89 ?6 K4=:8 6C5;6D6 8 D<C57;C;7>6 57;6:6 98> :467D8> ?6 9<> :67C;=896> ?6 9<> D<=?6=>8?<76> 8 .1 4 =;=H4=8 ?6 98> :467D8> ?6 9<> :67C;=896> ?6 9<> D<=?6=>8?<76>2 9<> :<7=;99<> ?6 >4K6D;J= =; 98> :467D8> ?6 M699<:82 B8 @46 9<> D<=?6=>8?<76> 5<?7O8= ?8P87>6 #/ % I:78;H8 98> :467D8> ?6 M699<:8 * + ?6 9<> :<7=;99<> ?6 >4K6D;J= * + ?6 98 598D8 ?6 C<=:8K6 D<=:;=48D;J=2 76:;76 98 598D8 ?6 C<=:8K6 *1+ B 9<> ?<> D<=?6=>8?<76> >4567;<76> 6:;76 9<> :<7=;99<> ?6 >4K6D;J= * (+ ?6 98 587:6 ?6 ?6M8K< ?6 98 598D8 ?6 C<=:8K6 *#+ B 76:;76 98 5876K8 ?6 D<=?6=>8?<76> ;=E67;<76> >6HQ76>6 ?6 @46 98 F<=8 ?6 C<=:8K6 6>:N 9;C5;8 B 9;M76 ?6 76>;?4<> ?6 94M7;D8=:6 >6HQ76>6 :8CM;G= ?6 @46 69 8;>98=:6 <C6I 8Q= 6>:N 6= M46=8> D<=?;D;<=6> ;C5;6 98 F<=8 ?6 C<=:8K6 B 766C598D6 69 8;>98=:6 >; 6> =6D6>87;< =>:896 98> 598D8> ?69 M4> * + ><M76 98 5876K8 ?6 857;6:6 8Q= 98> =46L<> D<=?6=>8?<76> 567< :467D8> <9<@46 9<> =46L<> D<=?6=>8?<76> ;=E67;<76> ><M76 98 598D8 M8>6 ?6 98 E46=:6 ?6 89;C6=:8D;J= D<= 9<> <7;E;D;<> ?6 9<> :<7=;99< D<9<D8?<> 6=:76 9<> D<=?6=>8?<76> B 8>6HQ76>6 ?6 @46 9<> M<7?6> ?6 9<> D<=?6=>8?<76> 6>:N= 6= 69 A46D< * + ?6 98 598D8 M8>6 >6HQ76>6 ?6 @46 69 C8:67;89 ?6 K4=:8 ?6 76D8CM;< * + >6 6=D46=:78 6= D8?8 =46L< D<=?6=>8?<7 =>:896 98 598D8 ?6 C<=:8K6 ;=E67;<7 ><M76 9<> D<=?6=>8?<76> 6 D<9<@46 9<> :<7=;99<> ?6 >4K6D;J= * (+ 57;6:6 9<> :<7=;99<> ?6 >4K6D;J= 8 98 598D8 ?6 C<=:8K6 A8>:8 @46 69 C8:67;89 ?6 K4=:8 6C5;6D6 8 D<C57;C;7>6 1 <9<@46 9<> =46L<> D<=?6=>8?<76> >4567;<76> ><M76 98 587:6 ;=E67;<7 ?6 98 598D8 ?6 C<=:8K6 D<= 9<> :<7=;99<> ?6 >4K6D;J= * + 6=:76 9<> D<=?6=>8?<76> >6HQ76>6 ?6 @46 69 C8:67;89 ?6 K4=:8 ?6 76D8CM;< * + >6 6=D46=:78 6= D8?8 =46L< D<=?6=>8?<7 (( ( ( 4567 689 5678:;<=> 8=489 ) <> D<=?6=>8?<76> ?6 >89;?8 >6 6=D46=:78= ?6=:7< ?6 98 E46=:6 ?6 89;C6=:8D;J= 6= 4=8 M8:67O8 ?6 ?<> 8 D48:7< D<=?6=>8?<76> 6:;76 98 D87D8>8 ?6 98 E46=:6 ?6 89;C6=:8D;J= 6 ;=>56DD;<=6 L;>489C6=:6 9<> D<=?6=>8?<76> 5<7 >; 6I;>:6 89HQ= ?8P< < A8B 89H4=8 D<=6I;J= E9<K8 < ><M76D896=:8?8 878 C6?;7 9<> D<=?6=>8?<76> D<= 4= <AC=OC6:7<2 ?6>D<=6D:6 69 D8M96 ?6 >89;?8 * + B C;?8 98 76>;>:6=D;8 69GD:7;D8 ?6 D8?8 4=< ?6 9<> D<=?6=>8?<76> ?6 D8?8 M8:67O8 K #/ % ,LR 98 96D:478 CN> A8M;:489 ?6 E899< 6> 4= D<7:<D;7D4;:< ; 89H4=< ?6 9<> D<=?6=>8?<76> 6>:N ?8P8?< < 98> C6?;?8> ><= 56@46P8>2 >67N =6D6>87;< 766C598F87 :<?<> 9<> D<=?6=>8?<76> ?6 6>8 M8:67O8 878 766C598F87 9<> D<=?6=>8?<76> >6 ?6M6= >6H4;7 9<> >;H4;6=:6> 58><>3 I:78;H8 9<> D8M96> ?6 >89;?8 B 69 K4C567] * 9<> K4C567> ?6 76:7<89;C6=:8D;J= * B + ?6 D<=?6=>8?<76> * + 6I:78B6=?< 9<> 567=<> 9<> D<=6D:<76> * + @46 >4K6:8= 98 598D8 8 D<=?6=>8?<76> -OK6>6 6= 98 >;:48D;J= ?6 D8M96> 6= 9<> D<=?6=>8?<76> +B 9<> ?6 9<> 9<> E9<K6 9<> 567=<> ?6 >4K6D;J= * + 5878 567C;:;7 98 6I:78DD;J= ?6 9<> D<=?6=>8?<76> ?6 ?6M8K< ?6 98 M8:67O8 ?6 D<=?6=>8?<76> ?6 98 598D8 ?6 M4> * + <> ><5<7:6> ?6 9<> 567=<> ?6 >4K6D;J= *#+ >4K6:87N= 98 598D8 ?6 C<?< @46 =< >67N =6D6>87;8 4=8 6I:78DD;J= D<C596:8 >6HQ76>6 ?6 @46 98 >4567E;D;6 ?6 C<=:8K6 6>:N 9;C5;8 ;C5;6 98 >4567E;D;6 ?6 C<=:8K6 >; 6> =6D6>87;< 1 & W # 57;6:6 9<> 567=<> ?6 >4K6D;J= * + A8D;8 8M8K< B 8 D<=:;=48D;J= 857;6:6 9<> 567=<> ?69 D<=6D:<7 * + 8>6H47N=?<>6 ?6 @46 98 M8:67O8 ?6 98 598D8 ?6 M4> 6>:N 8>6H478?8 8 9<> D<=?6=>8?<76> B ?6 @46 69 D<=K4=:< 6= >4 :<:89;?8? =< >6 C46L6 X X < <> L6=:;98?<76>2 >;:48?<> 6= 98 587:6 ;=E67;<7 ?6 98 4=;?8?2 76E7;H678= 98 E46=:6 ?6 89;C6=:8D;J= B 69 D8M6F89 ?6 >6998?< 6 4:;9;F8= ?<> L6=:;98?<76>2 9<> D4896> 6I549>8= 8;76 6= >6=:;?<> <546>:<> K #/ % L =< 6I549>8 8;76 A8D;8 98 M8>6 ?6 98 E46=:6 ?6 89;C6=:8D;J= B 69 <:7< ?;7;H6 69 E94K< ?6 8;76 A8D;8 69 D8M6F89 ?6 >6998?< 1 & 469L8 8 ;=>:8987 9<> D8M96> ?6 >89;?8 B 69 K4C567 * 2 B + 8 >4> D<776>5<=?;6=:6> 4M;D8D;<=6> 6 ;=>:896 B 8K4>:6 9<> 567=<> ?69 D<=6D:<7 6= >4 94H87 W # 0 % %'# %! / % ! I 5 # %4# " 7 '% = %'; ' 4% " #4# %4( ! @ "#'% '/ %! # !"%'% # %4(# " ! RN4 " . ( ! !"8 ! "#'#>% !7 4 E46=:6 ?6 89;C6=:8D;J= 4567 689 6>:N 57<L;>:8 D<= L6=:;98?<76> 6I:67=<> 5765878?<> 5878 98 A4C6?8? 6M6= 567C8=6D67 6= E4=D;<=8C;6=:< D<= 69 E;= ?6 @46 9<> L6=:;98?<76> E4=D;<=6= ?6 C8=678 8?6D48?8 6= 4= 6=:<7=< AQC6?< X X ; >6 ?6K8 @46 69 L6=:;98?<7 >6 ?6:6=H8 C;6=:78> 6>:N AQC6?<2 >6 ;=D76C6=:8 69 7;6>H< ?6 @46 >6 8:8>@46 M #/ % , ] 9 K4C567 ><9< 6>:N ;=>:898?< 6= 98 M8:67O8 ?6 ?<> D<=?6=>8?<76> "%0 48=?< 98 M8:67O8 ?6 D<=?6=>8?<76> ?6 98 598D8 ?6 M4> >6 L469L8 8 ;=>:89872 8>6HQ76>6 ?6 @46 98 ?;76DD;J= ?6 D8?8 K4C567 ?6 76:7<89;C6=:8D;J= 6> D<776D:8 8 :78LG> ?69 *M8:67O8 ?6 D<=?6=>8?<76>+ *1+2 8>O D<C< ?6 98 D<776D:8 D<9<D8D;J= ?6 9<> D8M96> ?6 D<=:7<9 B 9<> D8M96> ?6 >89;?8 <9<@46 9<> =46L<> D<=?6=>8?<76> M8K< 98 M8:67O8 ?6 D<=?6=>8?<76> ?6 98 598D8 ?6 M4> B 89;=66 98 M8778 ?6 <7;E;D;<> ?69 D<=6D:<7 ?69 D<=?6=>8?<7 D<= 9<> <7;E;D;<> ?6 98 598D8 (( ( ( 4567 689 5678:;<=> 8=489 #/ % G8>6 69 587:8?< 1 5878 9<> 76@4;>;:<> ?69 C8=:6=;C;6=:< :7;C6>:789 ?6 6>:6 6@4;5< 6H;>:76 9<> 76>49:8?<> >; 6> =6D6>87;< 2 U G ) 9 >;>:6C8 4567 689 ?6 >6998?< ?6 :858> 5<7 ;=?4DD;J= 6>:N ?;>6P8?< 5878 4= E4=D;<=8C;6=:< E;8M96 B >;= 57<M96C8> <7 >; <D477;678 89HQ= E899<2 >6 57<5<7D;<=8 98 >;H4;6=:6 :8M98 D<= 69 E;= ?6 8A<7787 :;6C5< B ?;=67< :8=:< 89 D9;6=:6 D<C< 89 E8M7;D8=:6 B 8B4?87 8 4=8 7N5;?8 76><94D;J= ?69 57<M96C8 <=:8D:6 D<= 69 >67L;D;< ?6 8:6=D;J= 89 D9;6=:6 >; :;6=6 89H4=8 576H4=:8 O " 4% 9 ;=?;D8?<7 ?6 >89;?8 =< 58>8 ?6 U 8758?6< ?6 98 58=:8998 C;6=:78> 98 4=;?8? 6>:N E4=D;<=8=?< 9 ?6 5 # %4# " 58758?68 < =< 6>:N 6=D6=?;?< C;6=:78> 98 4=;?8? 6>:N 6= E4=D;<=8C;6=:< # % U 9D8=F8 69 ((U 9D8=F8 69 ((U % !% <?< % " 48"# >696DD;<=8?< >;= A8M67 57<5<7D;<=8?< 4= D<C8=?< ?6 L<9:8K6 8 98 E46=:6 ?6 89;C6=:8D;J= 9 D8M968?< ?69 D<C8=?< ?6 L<9:8K6 ?69 C<?< 84:<CN:;D< >6 A8 7689;F8?< ?6 C8=678 ;=D<776D:8 <9:8K6 ?6 6=:78?8 ?6C8>;8?< M8K< -899< ?6 98 598D8 ?6 D<=:7<9 % 58=:8998 =:67E676=D;8>3 546?6 @46 9<> D8M96> ?6 >89;?8 ?6 9<> D<=?6=>8?<76> 6>:G= ?6C8>;8?< D67D8 ?6 98 598D8 ?6 D<=:7<9 % 58=:8998 8 M8:67O8 ?6 D<=?6=>8?<76> ?6 >89;?8 6>:N 8;>98?8 ?6 98 :<C8 ?6 :;6778 9 =;L69 ?6 >89;?8 6> CN> M8K< @46 98 D<=>;H=8 ?69 *>; 98 4=;?8? :;6=6 4=8 :<776 ?6 94D6>2 58758?687N 6= D<9<7 7<K< D48=?< 6>:G 858H8?< 69 ?6 5 # %4# " 7 =>:898D;J= ;=D<776D:8 ?6 98 598D8 ?6 D<=:7<9 % 58=:8998 ?6 4 " 6=D6=?;?< >;= @46 >6 A8B8 D8CM;8?< 8 6>:8 E4=D;J= ((U <9:8K6 ?6 6=:78?8 ?6C8>;8?< M8K< -899< ?6 98 598D8 ?6 D<=:7<9 % 58=:8998 6C5678:478 6ID6>;L8 6=:;98?<7 ?6 76E7;H678D;J= 9 ?6 " 4= %" % 6>:N 6=D6=?;?< ((U 6=><7 ?6 :6C5678:478 98D8 ?6 D<=:7<9 % 58=:8998 -899< 6= 69 ;=L67><7 9 ?6 5%'' 6>:N 6=D6=?;?< ((U -899< ?6 98 598D8 ?69 D<=6D:<7 ?6 >4C;=;>:7< 69GD:7;D< -899< ?6 98 598D8 ?6 D<=:7<9 % 58=:8998 -899< ?6 98 598D8 ?6 D<=:7<9 % 58=:8998 ?6 % " 48"# 6=D6=?;?< >;= @46 >6 A8B8 D8CM;8?< 8 6>:8 E4=D;J= 8 58=:8998 ?6K8 ?6 58758?687 B C46>:78 4= (( E;K< 6= 98 >89;?8 ((U ((U =>:898D;J= ;=D<776D:8 ?6 98 598D8 ?6 D<=:7<9 % 58=:8998 <> ;=:67745:<76> ?6 M9<@46< =< >6 :;6=6= 6= D46=:8 8> D98L;K8> < 9<> >6=><76> ?6 8=498D;J= =< 6>:N= D<=6D:8?<> -899< 6= 69 ;=L67><7 (( ( ( 4567 689 5678:;<=> 8=489 ' 8CM;6 8 C<?< 4% #? %'7 <77;K8 69 677<7 ?6 D8M968?< >6HQ76>6 ?6 @46 69 L<9:8K6 ?6 6=:78?8 D4C596 69 76@4;>;:< ?6 ( T (U 65876 < 766C598D6 98 598D8 ?6 D<=:7<9 % 58=:8998 E9<K6 98 :467D8 ?6 % ^ ?69 D8M96 ?6 >6H47;?8? =QC 1 B HO7698 E4678 ?6 98 598D8 ?6 58=:8998 5878 ?6>56K8798> ?6 E<7C8 8?6D48?8 ;?8 98 76>;>:6=D;8 69GD:7;D8 ?69 D4675< ?69 D<=?6=>8?<7 8 98 :<C8 ?6 :;6778 B 8K4>:6 98 :<7=;9967O8 ?6 C<=:8K6 A8>:8 @46 69 D4675< 877<K6 4=8 96D:478 ?6 D<7:<D;7D4;:< 8 :;6778 G8>6 69 C8=489 ?6 E4=D;<=8C;6=:< 5878 8K4>:87 69 =;L69 ?69 ?6 E<7C8 8?6D48?8 469L8 8 ;=>:8987 98 598D8 ?6 D<=:7<9 % 58=:8998 8>6H47N=?<>6 ?6 @46 :<?<> 9<> M<:<=6> >6 549>8= B L469L6= 8 >4 5<>;D;J= <7;H;=89 8?6D48?8C6=:6 >6HQ76>6 ?6 @46 69 L<9:8K6 ?6 6=:78?8 D4C596 69 76@4;>;:< ?6 ( T (U 65876 < 766C598D6 98 598D8 ?6 D<=:7<9 % 58=:8998 <C5746M6 98 :6C5678:478 8CM;6=:89 ;C5;6 < 766C598D6 9<> L6=:;98?<76> ?6 76E7;H678D;J= <C5746M6 69 D8M968?< < 766C598D6 69 >6=><7 65876 < 766C598D6 98 598D8 ?6 D<=:7<9 % 58=:8998 <C5746M6 98 76>;>:6=D;8 69GD:7;D8 ?69 ;=L67><7R 766C598D6 69 ;=L67><7 65876 < 766C598D6 98 598D8 ?69 D<=6D:<7 ?6 >4C;=;>:7< 69GD:7;D< 65876 < 766C598D6 98 598D8 ?6 D<=:7<9 % 58=:8998 65876 < 766C598D6 98 598D8 ?6 D<=:7<9 % 58=:8998 469L8 8 ;=>:8987 98 598D8 ?6 D<=:7<9 % 58=:8998 8>6H47N=?<>6 ?6 @46 :<?<> 9<> M<:<=6> >6 549>8= B L469L6= 8 >4 5<>;D;J= <7;H;=89 8?6D48?8C6=:6 <C5746M6 98> D<=6I;<=6> B 9<> ;=:67745:<76> ?6 M9<@46< >6HQ76>6 ?6 @46 98> D98L;K8> % >6=><76> ?6 8=498D;J= 6>:N= ;=>:898?<> ?6 E<7C8 D<776D:8 <C5746M6 98 76>;>:6=D;8 69GD:7;D8 ?69 89;?8 8M;67:8 ) - = C<?< 76C<:<3 8 98 6>5678 ?69 D<C8=?< ?6 546>:8 6= C87DA8 6= 76C<:< *69 ?6 4 " 6>:N 6=D6=?;?<+ $ $ & # $ ' # =% "%4 ! @# # %' '# " '0 S K L ,$ 11 2 -0 S K L ,$ 1 , 4%#'0 # 5 6 # 7 7 * (( ( ( 4567 689 ;=L67><7R 766C598D6 69 ;=L67><7 <C5746M6 69 D8M968?< ?6 >89;?8 @46 L8 8 98> :858> ?6 >89;?82 89 B 89 D8M6F89 ?6 >6998?< 8CM;6 8 C<?< C8=489 < 7689;D6 4=8 546>:8 6= 76C<:< $ % $ 5678:;<=> 8=489 " 4 ) F G < • <C57<M8D;<=6> 5878 ?6:6D:87 E899<> 6= 69 76D:;E;D8?<7 ?6 546=:6 < 6= 69 ;=L67><7 ?6 :78=>;>:<76> 489@4;67 96D:478 ?6 _D67<^ 6= 98 76>;>:6=D;8 69GD:7;D8 ;=?;D87N 4= C89 >6C;D<=?4D:<7 <> M<7=6> ?6 6=:78?8 ?6M6= 766C598F87>6 5<7 ?;>5<>;:;L<> • • 6?;?<7 =6D6>87;<3 6>:N=?87 8=89JH;D< < D<= 5746M8 ?6 ?;<?< HHH 7 7 ' !( ! " % %= ' #!= !#"#@ 7 ='#I % = 'O '% 5# % 4= !" "Q 4# '% (%! ' #!= !#"#@ % " ! 4 "% ' ' #!#=% %' 7 ='#I = 4= !" "Q 4# ' " '% (%! ' #!= !#"#@ & 3"# % ' 4= !" = " % '% ! = 5# # ' #!= !#"#@ 7 #4=# %'I # 3 ! . 4%!#% 4= !" = ! = P # #%' & % !% 5%'' ' #!= !#"#@ 7 17 " & %! / ' #!= !#"#@ %' #!#=% %' & %P !" '%! 3# ! % 1.1, 47 HHH DX % % *`+ %* + * + %*`+ *`+&%* + * +&%*`+ 2* + 2*`+ 2* + 2*`+ HHH F G ) ) C V C 7 - % . % . "# % #? . % )% .)% . "# % #? . ) % < C U F ) HHH < B*+ B *`+ B*+ B *`+ K < - L M;67:< ≈ ( ≈ ( & K ) L M;67:< (2 (2 & < - < *`+ 8 * +& * + 8 *`+& *`+ 8 * + * + 8 *`+ *`+& 8 * + * +& 8 *`+ H "#'# (( ]*`+ 8*+ ]*`+ 8 * +- '% ! %'% ( ( 4567 689 !#!" 5678:;<=> - L & ≈ ( ≈ ( & ≈ ( & ;H678 ?6>L;8D;J=2 8 D<=:;=48D;J= & ;H678 ?6>L;8D;J=2 8 D<=:;=48D;J= & #% 48! %'"% & %'# '% 4 # #? ' !( ./0 1 .20 1 8=489 K < K ) & (2 (2 & (21 & L & & ! "% % ! "% !7 $T 96 E8D;9;:6= 4= N4 " ' @ ' #? K L ; 6> 5<>;M962 4:;9;D6 69 C8:67;89 ?6 6CM898K6 <7;H;=89 < 4=8 D8K8 ?6 8H9<C678?< D<= 4= C8:67;89 ?6 6CM898K6 8?6D48?< :896> D<C< 6>54C8 ?6 5<9;6>:;76=<2 6=L<9:<7;< ?6 M47M4K8>2 6:D D >:8 >6DD;J=2 98 D489 D<=:;6=6 ?6>H9<>6> ;94>:78?<> ?6 9<> 696C6=:<>2 >6 A8 5765878?< D<C< 4=8 8B4?8 8 98 A<78 ?6 ;?6=:;E;D87 B 6=D87H87 5;6F8> ?6 98 >6998?<78 ?6 :858> 5<7 ;=?4DD;J= <?8> 98> 5;6F8> 6=4C678?8> 6= 69 ?6>H9<>6 ?6 696C6=:<> >6 E8M7;D8= D<= 98 C;>C8 576D;>;J= @46 69 6@4;5< <7;H;=89 >6HQ76>6 ?6 @46 :8=:< 98 ?;76DD;J= ?6 6=LO< D<C< 98 ?;76DD;J= ?6 76D65D;J= 6>:N= ;C576>8> ?6 E<7C8 D9878 6= 98 587:6 >4567;<7 ?69 58@46:6 K4=:< D<= 69 N4 " ' @ ' #? 7 <> ?6>H9<>6> ?6 696C6=:<> ;94>:78= 9<> ?;>:;=:<> 6=>8CM98K6>2 >4M 6=>8CM98K6> B 5;6F8> ?6:8998?8> @46 D<C5<=6= 98 >6998?<78 ?6 :858> B 9<> 8DD6><7;<> 6>:N=?87 =8 >67;6 ?6 ;94>:78D;<=6> C46>:78= D8?8 5;6F8 ?6 C8=678 D9878 6= >4 5<>;D;J= D<776D:8 6= 7698D;J= 8 98> <:78> 5;6F8> ?6 98 ;94>:78D;J= 8> 5;6F8> ?6M6= 6=L;87>6 83 ( 45 <> =QC67<> ?6 5;6F82 98> ?6>D7;5D;<=6> B 98> D8=:;?8?6> >6 ;=?;D8= 6= <7?6= =4CG7;D< 6= 98 C;>C8 5NH;=8 @46 9<> ?;8H78C8> 1 0 % %! /N ! I !"8 # U U G8=>6 98> >;H4;6=:6> 5NH;=8> 5878 9<D89;F87 98 ;94>:78D;J= ?6>68?8 <D89;D6 98 5;6F8 6= 98 ;94>:78D;J= C6?;8=:6 ;?6=:;E;D8D;J= L;>4892 69 =QC67< ?6 5;6F8 B 98 ?6>D7;5D;J= @46 85876D6 6= 98 :8M98 ?6 ?6>H9<>6 ?6 696C6=:<> D U <= 69 E;= ?6 69;C;=87 :<?<> 9<> 5<>;M96> 677<76> 89 6=D87H87 5;6F8>2 6>56D;E;@46 9<> >;H4;6=:63 9 3 ?6 98 4=;?8? @46 >6 C46>:78 6= 98 598D8 ?6 D878D:67O>:;D8> :GD=;D8> ?6 98 >6998?<78 ?6 :858> K@Q%! '% #/ % . =8/# % L 9 3 ?6 98 4=;?8? @46 >6 C46>:78 6= 98 598D8 ?6 D878D:67O>:;D8> :GD=;D8> ?6 98 >6998?<78 ?6 :858> K@Q%! '% #/ % . =8/# % L 9 =QC67< ?6 5;6F8 B 98 ?6>D7;5D;J= @46 >6 ;=?;D8 6= 9<> ?;8H78C8> ?6 ?6>H9<>6 ?6 696C6=:<> B 98 D8=:;?8? @46 >6 =6D6>;:8 878 6=D87H87 5;6F8> D<=:8D:6 D<= 69 =% "%4 " ! @# # %' '# " '0 S K L ,$ 11 2 -0 S K L ,$ 1 , 4%#'0 # 5 6 # 7 7 * 4 <: < U =:6> ?6 ?6L<9L67 98> 5;6F8>2 D<=:8D:6 D<= 69 >67L;D;< ?6 8:6=D;J= 89 D9;6=:6 ?6 =67D<= 5878 @46 (( ( ( 4567 689 5678:;<=> 8=489 1 @ C $ ! 6 &7 8 76 9 6 :+;< =#>6 #? '@% '% ''% % I !"8 = !# #? # % % '% %P%7 "%=%!. @ "# %' & D N47 ' 4 " N47 =# >% - 1 # ( B ( ((1 X X ( ( ! #= #? &8778 ?6 C<=:8K6 >D48?78 ?6 C<=:8K63 C;:8? ;F@4;67?8 >D48?78 ?6 C<=:8K63 C;:8? ?676DA8 <7=;99< 8996= ?6 D8M6F8 D;9O=?7;D82 1 I (CC ?6 987H<2 ?6 8D67< ;=<I;?8M96 <7=;99<> 8996= ?6 D8M6F8 76?<=?8 ;=E67;<76>2 CC 2 ?6 8D67< ;=<I;?8M96 878=?698 ?6 E;K8D;J=2 ?6 8D67< ;=<I;?8M96 878=?698 598=82 ?6 8D67< ;=<I;?8M96 D (( ( ( 4567 689 5678:;<=> 8=489 # % "# % D N47 ' 4 " N47 =# >% 1 ]] ( & (( & X( # - ((1 1 ( ( &(( ( 1 # ( - ( ((1( 1 ( () * + ! #= #? % "# % 98D8 ?6 >4C;=;>:7< 69GD:7;D< % D<=6D:<7 =L67><7 6D:;E;D8?<7 ?6 546=:6 *>;:48?< :78> 69 E;9:7< ?6 >4C;=;>:7< 69GD:7;D<+ <=?6=>8?<72 - < 0 - %0 ] <=?6=>8?<7 >6D<2 - < 0 - %0 ] =:67745:<7 57;=D;589 ?6 >4C;=;>:7< 69GD:7;D< ( 2 ( % % 6=:;98?<7 ?6 76E7;H678D;J= <=K4=:< ?69 :78=>E<7C8?<7 ?6 >89;?8 <=?6=>8?<7 ?6 E;9:78?< ?6 D87H8> ;=?4D:;L8> =:67745:<7 C8H=6:<:G7C;D< ?69 D;7D4;:< 9;C;:8?<7 ?6 D<77;6=:6 ( 2 ( -4>;M96 2 ( -;9:7< ?6 >4C;=;>:7< 69GD:7;D<2 E8>6>2 ( 98D8 ?69 M4> ?6 D<=?6=>8?<76> D<= M8:67O8 ?6 D<=?6=>8?<76> >6D<> # ) , # + ) U * + , , ' ' # (( # 2 , $ ) 1 #/ (( ( ( 4567 689 5678:;<=> 8=489 % ( " D N47 ' 4 " B < N47 =# >% - (( - ((( - 1 1( ! #= #? 6=:;98?<7 7<:6D:<7 ?69 L6=:;98?<7 <5<7:6 ?6 C<=:8K6 ?69 D8M6F89 ?6 >6998?< <=K4=:< ?6 D<=6I;J= ?69 D8M6F89 ?6 >6998?< D (( ( ( G 4567 689 5678:;<=> 8=489 2 ) U % "# % D N47 ' 4 " N47 =# >% 1 1 1 ( ( ( & ( ] ] ] ( " ! #= #? 98D8 ?6 D<=:7<9 % 58=:8998 ?6 98 4567 689 ( 98D8 ?6 D<=:7<9 % 58=:8998 ?6 98 4567 689 98D8 ?6 D<=:7<9 % 58=:8998 ?6 98 4567 689 (( 8M96 ?6 ;=:67E8F 4M;67:8 M;>698?8 ?6 98 598D8 ?6 ;=>D7;5D;<=6> *=< C<>:78?8+ + , * + ' , # D D (( ( ( 4567 689 5678:;<=> 8=489 $ % "# % D X 7 ( ( ( ( (( ( 8 M 1 (( U ( ( ( ( ( ( ( ( ( ( ( ( 4567 689 B 5678:;<=> >:74D:478 57;=D;589 ?6 ><5<7:6 5878 69 >469< &9<@46< ?6 H4O8 &8778 ?6 H4O8 98D8 ?6 C<=:8K6 <7=;99< H4O8 &8778 ?6 C<=:8K6 8=;L698 8=;L698 ;6> 1(?;8 1(9H 8=489 V D @ R% (( #4=# >% ' ! "#'% ! 5 #/ % #? =>56DD;<=6 9<> L6=:;98?<76> 5<7 >; A8B 5<9L< 4 <M>:74DD;<=6> ;C5;6 9<> L6=:;98?<76> D<= 4=8 M7<DA8 B 8;76 8 M8K8 576>;J= ( ( 4567 689 5678:;<=> < '"%P ! %'#4 "% #? & 3# !% % %! <C5746M6 @46 69 L<9:8K6 6> 857<5;8?< B 8>6HQ76>6 ?6 @46 98> D<=6I;<=6> 6>:N= 8576:8?8> 8=489 # %4# " ' ! " ' ! ' =% ' 5 "%' >6HQ76>6 ?6 @46 9<> M<:<=6> ?69 58=69 E7<=:89 E4=D;<=8= D48=?< >6 549>8= " 5 # %4# ' !# " =" ! (' I " 6>D<=6D:6 9<> D8M96> ?69 9<> ;=:67745:<76> ?6 M9<@46<2 ?69 ?6:6D:<7 ?6 M<:6998 8:8>D8?8 B ?6 9<> D<=6D:<76> ?6 8=498D;J= B 8>6HQ76>6 ?6 @46 98 4=;?8? =< >6 5<=6 6= C87DA8 < #5# % = D @ =>56DD;<=6 9<> L6=:;98?<76> 5<7 >; A8B 5<9L< 4 <M>:74DD;<=6> ;C5;6 9<> L6=:;98?<76> D<= 4=8 M7<DA8 B 8;76 8 M8K8 576>;J= R% (( #4=# >% ' ! "#'% ! 5 #/ % #? ( ( 4567 689 5678:;<=> < '"%P ! %'#4 "% #? & 3# !% % %! <C5746M6 @46 69 L<9:8K6 6> 857<5;8?< B 8>6HQ76>6 ?6 @46 98> D<=6I;<=6> 6>:N= 8576:8?8> 8=489 # %4# " ' ! " ' ! ' =% ' 5 "%' >6HQ76>6 ?6 @46 9<> M<:<=6> ?69 58=69 E7<=:89 E4=D;<=8= D48=?< >6 549>8= " 5 # %4# ' !# " =" ! (' I " 6>D<=6D:6 9<> D8M96> ?69 9<> ;=:67745:<76> ?6 M9<@46<2 ?69 ?6:6D:<7 ?6 M<:6998 8:8>D8?8 B ?6 9<> D<=6D:<76> ?6 8=498D;J= B 8>6HQ76>6 ?6 @46 98 4=;?8? =< >6 5<=6 6= C87DA8 < #5# % = " (( ( ( %=% 4567 689 @ '" % 5678:;<=> #=# 8=489 " !=% # < ' # % '% 'O % P !" '% !#/ % ' O 7[ 837 [ " (( ( ( %=% 4567 689 @ '" % 5678:;<=> #=# 8=489 " !=% # < ' # % '% 'O % P !" 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2 >; 69 76D;5;6=:6 =< >896 ?69 >;>:6C8 >6=><7 6= 69 :;6C5< 6>:8M96D;?<2 >6 D<7:8 69 >4C;=;>:7< 69GD:7;D< ?6 ;=?4DD;J= <Q%! 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'% 5#/ (( ( ( % 17 4567 689 5678:;<=> 8=489 ?+ -4=D;J= ?6 >89;?8 ?6 76DA8F<2 *>89;?8 + >:6 >;>:6C8 6>:N ?;>6P8?< 5878 6C;:;7 4=8 >6P89 ?;76D:8C6=:6 8 4=8 4=;?8? ?6 76DA8F< >;= =;=HQ= <:7< 6@4;58C;6=:< ?6 D<=:7<9 6I:67=< 9 >;>:6C8 E4=D;<=8 D<= 6=:78?8> ;=:67=8> ?6>?6 9<> >;>:6C8> ?6 >6=><76> ?6 :858 >4567;<7 B E89:8 ?6 9NC;=8 ?6 894C;=;< @46 546?6= 76:87?87>6 *69 :;6C5< @46 :87?8 69 76D;5;6=:6 6= ?6>598F87>6 ?6>?6 69 >6=><7 ?6 :858 >4567;<7 ; ?6 E89:8 ?6 9NC;=8 ?6 894C;=;< 8 98 4=;?8? ?6 76DA8F<+ ;=?;L;?489C6=:6 G8>6 69 8587:8?< <Q%! '% 5#/ (( ( ( % 4567 689 5878 8K4>:6> 7 5678:;<=> 8=489 =% "% a a a a # ! ' !) " ! 68=4?8D;J= ?69 D<=:8?<7 ?6 76DA8F< <=:8?<7 ?6 76DA8F< 696DD;J= ?6 5878?8 84:<CN:;D8 8=:6 E899<> < >6 4:;9;F8 ;>:8 -4=D;<=6> ?69 :6C5<7;F8?<7 1 # ( ;>:8 1 &<:J= N>D878 ?6 M<:6998 8:8>D8?8 6:87?< ?6 8D4C498D;J= 6C5<7;F8?<7 ?6 98 >6P89 ?6 :858 >4567;<7 =4987 < >6 4:;9;F8 < D<C56=>8D;J= ?6 :;6C5< < >6 4:;9;F8 < >6 4:;9;F8 < >6 4:;9;F8 ;6C5< ?6 E;98 ?6 M<:6998> < >6 4:;9;F8 ;6C5< ?6 E;98 ?6 M<:6998> ;6C5< ?6 E;98 ?6 M<:6998> ;6C5< ?6 E;98 ?6 M<:6998> ;6C5< ?6 E;98 ?6 M<:6998> <=H;:4? ?6 ;C549>< ?6 76DA8F< &<:J= &<:J= &<:J= -4=D;<=6> ?6 >89;?8 89;?8 * 67C;=896> a ( ( + &<:6998 8:8>D8?8 6 4:;9;F8 D<C< M9<@46< ?6 98 CN@4;=8 5878 ?6:6=67 98 4=;?8? 0 *><9?8?478 :G7C;D8 5<7 ;=?4DD;J=+ 89;?8 * 67C;=896> 89;?8 * 67C;=896> 8987C82 6:D a ( a ( ( + 89;?8 ?6 :858 >4567;<7 ( + 878 4>< ?69 D9;6=:62 D<C< 8987C82 6:D 89;?8 ?6 E89:8 ?6 9NC;=8 ?6 894C;=;< 878 4>< ?69 D9;6=:62 D<C< 89;?8 * 67C;=896> a ( (1+ 89;?8 ?6 76DA8F< 8=:< 98 :858 >4567;<7 D<C< 98 E89:8 ?6 9NC;=8 ?6 894C;=;< 8D:;L87N= 6>:8 >89;?82 567< =< 98 M<:6998 8:8>D8?8 878 4>< ?69 D9;6=:62 D<C< 4=;?8? ?6 76DA8F< (( ( ( 4567 689 5678:;<=> 8=489 1 =% "% 8+ !"%'% #? & 5 # %4# " <=:87 :<?<> 9<> >6=><76> B 76E96D:<76> 6= 69 :78=>5<7:8?<7 9 >6=><7 ?6 8:78>< ?6M6 C<=:87>6 6= 98 >6D46=D;8 5<>:67;<7 ?6 98 4=;?8? ?6 ;=?4DD;J= <> >6=><76> ?6 :858 >4567;<7 B E89:8 ?6 9NC;=8 ?6 894C;=;< 546?6= C<=:87>6 6= D489@4;67 98?< ?6 98 4=;?8? ?6 ;=?4DD;J=2 567< ?6M6 576>:87>6 8:6=D;J= 8 98> 9<=H;:4?6> ?69 D8M96 B 8 98 ?;76DD;J= ?69 :78=>5<7:8?<7 * G8>6 98 E;H478 ( + M+ =D6=?67 69 >;>:6C8 ?6 >6=><76> 6=D6=?;6=?< 69 8;>98?<7 57;=D;589 ?6 0 D+ 9;=687 9<> >6=><76> ?6 M<:6998 8:8>D8?8 * & B & + B ?6 8:78>< * & + D<= >4> 76>56D:;L<> 76E96D:<76> <C57<M87 @46 8CM<> >2 NCM87 B L67?62 6>:N= 6=D6=?;?<> ?+ 9 >;>:6C8 6=:7; ?6M67O8 C<>:787 =67D<= 6=:7; B>:6C >:< ;=?;D8 @46 :<?<> 9<> >6=><76> E4=D;<=8= D<776D:8C6=:6 B @46 =< A8B <M>:ND49<> 6=:76 9<> >6=><76> B 9<> 76E96D:<76> 8 4=;?8? B8 6>:N 9;>:8 5878 8K4>:87>6 6+ 6=><76> ?6 M<:6998 8:8>D8?8 = 57;C67 94H872 5<=67 6= C87DA8 69 :78=>5<7:8?<7 B 8=<:87 69 :;6C5< @46 :87?8 4= 76D;5;6=:6 6= ?6>598F87>6 ?6>?6 69 >6=><7 & *57;C67 >6=><7+ A8>:8 69 >6=><7 & *>6=><7 ?6 8:78><+ >:6 6> 69 :;6C5< ?6 CN>D878 ?69 76D;5;6=:6 8:8>D8?< @46 ?6M6 8K4>:87>6 CN> 8?698=:6 E+ 6=><7 ?6 8D4C498D;J= <= 69 :78=>5<7:8?<7 6= E4=D;<=8C;6=:< B D<= 76D;5;6=:6>2 M9<@4687 9<> 76D;5;6=:6> 6= 69 >6=><7 ?6 M<:6998 8:8>D8?8 & B 8=<:87 69 :;6C5< @46 :87?8= 9<> 76D;5;6=:6> 6= 8D4C4987>6 A8D;8 69 6I:76C< ?6 >89;?8 ?6 98 M<M;=8 ?6 ;=?4DD;J= >:6 6> 69 :;6C5< ?6 8D4C498D;J=2 @46 ?6M6 8K4>:87>6 CN> 8?698=:6 H+ 6=><76> ?6 E89:8 ?6 9NC;=8 ?6 894C;=;< K4>:87 98 89:478 ?69 >6=><7 ;=?4D:;L<2 & 2 58>8=?< 4= 76D;5;6=:6 5<7 ?6M8K< ?69 >6=><7 B D<C57<M87 @46 69 ?69 >6=><7 >6 6=D;6=?6 D48=?< A8B 9NC;=8 ?6 894C;=;< 9 6>58D;< :O5;D< ?6M6 >67 (CC K4>:87 98 >6=>;M;9;?8? ?69 >6=><7 ?6 A8F2 & 2 5878 567C;:;7 @46 >6 L68 69 76D;5;6=:6 8=:6> ?6 @46 69 >6=><7 ?6 9NC;=8 ?6 894C;=;< ?6:6D:6 98 576>6=D;8 ?6 9NC;=8 ?6 894C;=;< *>6 6=D;6=?6 69 D48=?< >6 ?6:6D:8 69 76D;5;6=:6+ <:83 9 >6=><7 ?6 A8F2 & 2 ?6M6 .L67/ 69 76D;5;6=:6 ?478=:6 :<?< >4 76D<77;?< M8K< 69 >6=><7 ;=?4D:;L< & G8>6 E;H478 A+ 6=><7 ?6 :858 >4567;<7 K4>:87 69 A8F ?6 E;M78 J5:;D8 ?69 >6=><7 8 857<I;C8?8C6=:6 >6=><7 *858H8?< 5878 ?6:6D:87+ (( ( ( 4567 689 5678:;<=> 8=489 # CC 6=D;C8 ?69 :85J= M>67L87 69 ?69 587:8?< K4>:6> ?69 :6C5<7;F8?<7 8+ 49>87 W 6= 98 4=;?8? ?6 L;>489;F8D;J= 5878 <M:6=67 8DD6>< 89 C6=Q ?6 8K4>:62 ?6>598F87>6 A8D;8 8M8K< A8>:8 69 587NC6:7< B 549>87 W >:< 57<5<7D;<=8 8DD6>< 89 C6=Q ?6 8K4>:6 ?69 :6C5<7;F8?<7 M+ K4>:6 ?6 98 M<:6998 8:8>D8?8 DD6?67 8 B 549>87 W 6 C46>:78= 9<> 8K4>:6> ?69 :6C5<7;F8?<7 = 546?6 C<?;E;D87>6 98 A<78 549>8=?< 57;C67< W B 4:;9;F8=?< ?6>54G> 9<> M<:<=6> ;F@4;67?8%?676DA8 5878 C87D87 69 ?OH;:< @46 ?6M6 C<?;E;D87>62 D8CM;87 D<= 9<> M<:<=6> 877;M8%8M8K< B D<=E;7C87 D<= 98 :6D98 ?6 W =:7<?4D;7 69 L89<7 ?6 :;6C5< ?6 CN>D878 ?6 98 M<:6998 8:8>D8?8 D<C< >6 A8 ?6>D7;:< 576L;8C6=:6 CN> >6H4=?< <C57<M87 B C<?;E;D87 >; =6D6>87;< 878 L<9L67 8 98 L;>489;F8D;J= =<7C892 549>87 6>D 6>D 6>D D+ K4>:6 ?6 8D4C498D;J= ?6 8D4C498D;J= C6=<> ?+ 478D;J= ?6 98 >6P89 ?69 >6=><7 ?6 E89:8 ?6 9NC;=8 ?6 894C;=;< *>89;?8 + C<?;E;D8=?< 2 D<C< 6= M+ 6+ 6=><7 ?6 E89:8 ?6 9NC;=8 ?6 894C;=;< 76:87?< ?6 98 >6P89 ?6 76DA8F< 9 :;6C5< 546?6 8K4>:87>6 8DD6?;6=?< 8 ( B ?6 8 B 8K4>:8=?< D<C< 6= M+ <:83 <> D;=D< :6C5<7;F8?<76> :;6=6= @46 >67 8K4>:8?<> 89 C;>C< L89<7 G8>6 98 E;H478 E+ 478D;J= ?6 98 >6P89 ?6 >89;?8 ?69 >6=><7 ?6 :858 >4567;<7 *>89;?8 C<?;E;D8=?< 2 D<C< 6= M+ H+ 858 >4567;<7 6:87?< ?69 :;6C5< ?6 D<C56=>8D;J= ?6 >6P89 ?6 4=;?8? ?6 76DA8F< 46?6 8K4>:87>6 69 :;6C5< 8DD6?;6=?< 8 B 8K4>:8=?< D<C< 6= M+ 9 :;6C5< 8K4>:8?< 6> 69 :;6C5< @46 :87?8 69 76D;5;6=:6 6= 8D:;L87 69 >6=><7 ?6 :858 >4567;<7 B ?6>54G> 69 >6=><7 ?6 E89:8 ?6 9NC;=8 ?6 894C;=;< G8>6 98 E;H478 =% "% 2T DD6?67 8 >6H4=?< "% B C<?;E;D87 D<C< >6 A8 ;=?;D8?< 8=:67;<7C6=:6 ;=:7<?4D;6=?< 69 :;6C5< <C57<M87 B C<?;E;D87 >; =6D6>87;< + 46?6 8K4>:87>6 8DD6?;6=?< B 46?6 8K4>:87>6 8DD6?;6=?< B R%> 46?6 8DD6?67>6 549>8=?< B C8=:6=;6=?< 549>8?< 69 M<:J= 6 C<>:787N 69 =QC67< :<:89 ?6 M<:6998> 76DA8F8?8> 68=4?8D;J= ?69 D<=:8?<7 ?6 76DA8F< 46?6 8DD6?67>6 549>8=?< 69 M<:J= =% "% $ % % % % " 48"# % % " 5%'' ! 9 ;>:6C8 6=:7; ;=D<75<78 4=8 E4=D;J= 5878 ?6:6=67 98 4=;?8? ?6 ;=?4DD;J= >; >6 ?6:6D:8 @46 :76> 76D;5;6=:6> D<=>6D4:;L<> ?8= E899<> ?6 .E89:8 ?6 9NC;=8 ?6 894C;=;</ < M;6= ?6 .:858 >4567;<7/ >:8 E4=D;J= 546?6 A8M;9;:87>6 < ?6>A8M;9;:87>6 549>8=?< 6= M<:J= 9 6>:8?< >6 C46>:78 6= 98 58=:8998 (( ( ( 4567 689 5678:;<=> 8=489 ( =% "% T "% %'' !7 -899< <776DD;J= 8=:8998 6= M98=D< a <C57<M87 @46 69 L67?6 6>:N 6=D6=?;?<2 >; =< 6> 8>O2 D<C57<M87 69 >4C;=;>:7< 57;=D;589 8 ( *=<:83 6>:8> 5746M8> ><9< 546?6= 996L8798> 8 D8M< 567><=89 69GD:7;D< D489;E;D8?<+ a <C57<M87 @46 69 D8M96 ?6 D<C4=;D8D;J= 6=:76 69 L;>489;F8?<7 - B 98 4=;?8? 8>B 6>:N D<=6D:8?< ?6 E<7C8 >6H478 a 6 C46>:78 _5878?8^ 6= 98 58=:8998 - 8:8>D8?8% 8D4C498?82 :858 >4567;<72 6 C46>:78 ?6 E<7C8 567C8=6=:6 E89:8 ?6 9NC;=8 ?6 894C;=;< (( ( ( 4567 689 5678:;<=> 8=489 98C87 89 ?6587:8C6=:< ?6 C8=:6=;C;6=:< ?6 ?6 =6D6>;:87 8B4?8 =67D<= 6= D8>< 6 A8 D<=6D:8?< 98 4=;?8? 6= C<?< 5878?8 878 D<=6D:8798 8 C<?< 6= C87DA82 8DD6?67 89 C6=Q 549>8=?< W 6>598F87>6 A8D;8 8M8K< A8>:8 878?8 46>:8 6= C87DA8 6 57<?4D;7N 4=8 >6P89 5878 ;=?;D87 69 6>:8?< ?6 98 4=;?8?2 549>87 W 5878 D8CM;87 69 6>:8?< 8 6= C87DA82 ?6>54G> 5878 >89;7 ?69 C6=Q 9 L;>489;F8?<7 ?6M67O8 L<9L67 8 C<>:787 =67D<= 6=:7; B>:6C <C57<M87 >6=><76> 5878 89;=68D;J= (( ( ( 4567 689 5678:;<=> 8=489 (( ( ( 4567 689 5678:;<=> 8=489