!
+
I9E445(/"'*#R')1
R-!+5/?,1/(+.)!+,!+,0,)*,10,!,/0K!6;53(+.!,1!,-!3,10).!+,!
-(!?6,)0(!+,-!-(7(7(85--(/"!'6,10(!3.1!+./!3.>?()05>5,10./"!
R-!3.>?()05>5,10.!+,!-(7(+.!?)5135?(-!/,!,136,10)(!+,10).!
+,-!+5/?,1/(+.)!+,!+,0,)*,10,"!A()(!(;)5)-.M!?),/5.1,!,-!
;.0L1!(@6-!(-!3./0(+.!+,-!+5/?,1/(+.)"!R-!3.>?()05>5,10.!
+,!?),!-(7(+.!/,!,136,10)(!,1!-(!0(?(!+,-!+5/?,1/(+.)!
+,!+,0,)*,10,"!F/,!,-!3.>?()05>5,10.!+,!?),!-(7(+.!/L-.!
36(1+.!,-!(*6(!/,(!,W0),>(+(>,10,!+6)(!.!36(1+.!-(!
3()*(!3.10,1*(!61!157,-!+,!/635,+(+!?,/(+("
?CGE>!U.!;-.O6,,!,-!+5/?,1/(+.)!+,!+,0,)*,10,!3.1!
60,1/5-5./!*)(1+,/!.!(-0./"
A6,+,!6/()!+,0,)*,10,!?()(!-(7(7(85--(/!(60.>K053./!
,1!?(/05--(M!?.-7.M!-IO65+.!.!*,-"!V/,*T),/,!+,!6/()!/L-.!
+,0,)*,10,/!,/?,3I453(>,10,!,05O6,0(+./!?()(!6/.!3.1!
-(7(7(85--(/!(60.>K053./"!U613(!6/,!+,0,)*,10,!-IO65+.!+,!
>(1.!?()(!?-(0./!,1!61!-(7(7(85--(/!(60.>K053."!'.>.!
),/6-0(+.!+,-!6/.!+,!+,0,)*,10,/!51(?).?5(+./!/,!?).+635)K!
(*6(!8(;.1./(!.!61!-(7(+.!+,4535,10,"!
=./!+,0,)*,10,/!+,;,)I(1!/,)!*6()+(+./!,1!61(!6;53(35L1!
/,3(!2!,1!/6/!,17(/,/!.)5*51(-,/!?()(!,750()!-(!?Q)+5+(!
+,!,4,30575+(+"!'.-.O6,!+,0,)*,10,!,1!61(!0(@(!(10,/!+,!
,13,1+,)!,-!-(7(7(85--(/!2!-6,*.!35,)),!-(!0(?("!=(!0(?(!/,!
(;)5)K!+6)(10,!,-!353-.!+,!-(7(+."
S5*"/,)+,*5+H(#4*"#/,)%+,*+H*$*%.*"$*
HR!),3.>5,1+(!,-!6/.!+,!+,0,)*,10,!,1!4.)>(!+,!?(/05--(!
.!?(O6,0,"!A)6,;(/!51+,?,1+5,10,/!+,>./0)().1!O6,!,/0(!
4.)>(!+,!+,0,)*,10,!,/!>62!,4,3057(!,1!,-!-(7(7(85--(/"!=./!
2/#'/,*Z+75/$("&1+7/'#!,/!61!,8,>?-.!+,!,/0,!
05?.!+,!+,0,)*,10,
"!J5>?-,>,10,!3.-.O6,!61(!0(;-,0(!.!
?(O6,0,!,1!,-!3.>?()05>5,10.!?)5135?(-!+,!-(7(+.!2!35,)),!
-(!0(?(!+,!-(!0(@(!+,!+,0,)*,10,!+,/-5@(1+.!,/0(!T-05>("!J,!
+,;,!.;/,)7()!O6,!-(!?(/05--(!.!?(O6,0,!+,;,1!/,)!3.-.3(+./!
,1!,-!3.>?()05>5,10.!+,!-(7(+.!?)5135?(-!+,!-(!0(@(!+,!
+,0,)*,10,"!J5!-(!?(/05--(!.!?(O6,0,!/.1!),76,-0./!,1!,-!4.1+.!
+,-!-(7(7(85--(/M!,-!+,0,)*,10,!/,)K!+,/3()0(+.!?.)!,-!+),1(8,!
,1!61!?,)I.+.!>62!3.)0.!+,!05,>?.!2!/,)K!+,!,/0,!>.+.!
+,/?,)+535(+."!'.>.!),/6-0(+.!+,!,/0.M!,-!),1+5>5,10.!+,-!
-(7(+.!/,)K!>62!+,4535,10,"
J5!+,35+,!6/()!+,0,)*,10,!,1!?.-7.M!-IO65+.!.!,1!*,-M!-(!
3(105+(+!+,!+,0,)*,10,!O6,!6/,!/,)K!+,0,)>51(+(!?.)!-(!
+6),@(!+,-!(*6(M!-(!0,>?,)(06)(!+,-!(*6(M!2!-(!3()*(!+,!
/635,+(+!+,!3.>5+(!+,10).!+,-!-(7(7(85--(/"!A()(!(33,+,)!
(!514.)>(35L1!/.;),!-(!+6),@(!+,-!(*6(!,1!/6!K),(M!
3.>61IO6,/,!3.1!/6!3.>?(NI(!?).7,,+.)(!+,!(*6("!
=(!+6),@(!+,-!(*6(!/,!>5+,!,1!*)(1./!?.)!*(-L1"!F/,!
,/0(!514.)>(35L1!2!-(!0(;-(!O6,!(?(),3,!>K/!())5;(!?()(!
+,0,)>51()!-(!3(105+(+!+,!+,0,)*,10,!O6,!/,!+,;,!6/()"!F/0,+!
?6,+,!(+O65)5)!61(!05)(!+,!?)6,;(!+,!(*6(!+6)(!+,!HR"!=-(>,!
(-!&%:$$%9D9%D$$D!2!/.-5350,!,-!1T>,).!+,!?5,@( WD01X10295"
R-!6/.!+,!+,>(/5(+.!+,0,)*,10,!3.1!(*6(!>62!/6(7,!
2X.!>62!3(-5,10,!?.+)K!.3(/5.1()!61(!3.1+535L1!--(>(+(!
*)(;(+.!/.;),!/6!3)5/0(-,)I("!R-!*)(;(+.!,/!61!,106);5(>5,10.!
?,)>(1,10,!/.;),!/6!3)5/0(-,)I("!R/0(!3.1+535L1!,/!5)),7,)/5;-,"!
J51!,>;()*.M!,-!6/.!+,!>62!?.3.!+,0,)*,10,!.3(/5.1()K!61!
),1+5>5,10.!+,4535,10,!+,-!-(7(+."
F/,!-(!0(;-(!3.>.!?610.!51535(-!2!-6,*.!(86/0,!-(!3(105+(+!+,!
+,0,)*,10,!O6,!6/()K"!F/,!/L-.!-(!3(105+(+!/64535,10,!?()(!61!
;6,1!),1+5>5,10.!+,-!-(7(+."!F/()!/L-.!-(!3(105+(+!3.)),30(!
+,!+,0,)*,10,!?).7,,)K!61!*)(1!),1+5>5,10.!+,-!-(7(+.!/51!
+,/?,)+535()!+,0,)*,10,!15!,106);5()!/6!3)5/0(-,)I("
?C+J-9+H9G9DI9?G9+7EDE+SEVEHC+AE?JES
?CGE>+"B)>82):5)>9):5756?5975)C>5)92)587b):485c0:2)
58<53dD430E5975)<060)B0G0G014BB08)@06=)C>5)5875)eB74E2)85)BB595)
:5)0?>0)329)10HA9F)'>60975)5B)D>934290E45972;)5870)0?>0)
329)10HA9)85)58<06346=)<26)B08)G5974B0342958):5B)B0G0G014BB08;)
3>H6459:2)5B)<482):5)B0)323490)I)E2109:2)5B)E48E2F
S,;5+.!(!O6,!>63C./!,17(/,/!+,!+,0,)*,10,!/.1!?(),35+./M!
*6()+,!,-!+,0,)*,10,!?()(!-(7(7(85--(/!,1!61!,/?(35.!(?()0,!
+,!-./!+,>K/!-5>?5(+.),/"!B6,/0),!(!36(-O65,)!?,)/.1(!O6,!
?6,+(!6/()!,-!-(7(7(85--(/!,-!+,0,)*,10,!3.)),30.!2!+L1+,!/,!
*6()+("
B5,10)(/!O6,!1.!C(;)K!+(N./!+6)(+,)./!/.;),!,-!-(7(7(85--(/M!
/6/!?-(0./!1.!/,!-5>?5()K1!/5!6/(!61!+,0,)*,10,!?()(!?-(0./!
362(!4L)>6-(!1.!46,!+5/,N(+(!?()(!46135.1()!,1!-(7(7(85--(/!
(60.>K053./"
'48<5980:26):5)'5756?5975
?:1*%)+,*+
I%/")#eI/5
G/M/#+,*+H*$*%.*"$*+/+S5*"/%
B,1./!+,!# =-,1,!-(!0(@(!C(/0(!&XE
#!(!: =-,1,!-(!0(@(!C(/0(!DXE
:!(!&D =-,1,!-(!0(@(!3.>?-,0(>,10,
J6?,)5.)!(!&D
=-,1,!0(10.!-(!0(@(!?)5135?(-!+,!-(7(+.!
3.>.!-(!0(@(!+,!?),!-(7(+.
#G
A),%=(7(+.
=(7(+.!
A)5135?(-
V*,10,!+,!
R186(*6,
S5/?,1/(+.)!
+,!S,0,)*,10,
R>?68,X!
S,/-53,!?()(!
',))()