You are on page 1of 60

!

"#$%#&'(()*'("+,

-.

*'/'0%")1'0%"2'(3)145*5
6789::6;973)67<5
=>=?)@#%(')AB',C'
D&#0&4)1EF",(3)7G)HIHI?
8'EJ)KLHMN)?OPQHHMM
RFSJ)KLHMN)?OPQ>M??
9/F"EJ)2$'0%"2'(T",0'EE"+',5&#/
400$JUUVVV5",0'EE"+',5&#/

A,)"/$%#B'2)B'%("#,)#W)04"()2#&C/',0)V"EE)-'&#/')FBF"EF-E')F()$F%0)#W)F),'V
!"#('$F%F0"#,()8'S0-##X)04F0)V"EE)-')$C-E"(4'2)F0)(#/')$#",0)",)=HHY5

#$%&'()*+,-,.///0,1&,2343+'(,53+'(637,899,:;<=>?,:@?@:A@2B

!"!
!
<4F$0'%)YY5)!"#$%#&'(()*'("+,

>*(7,C*D%+3',D(47,+$,+3DC*,7+E63F+7,DF6,%'DC+(C(F),3F)(F33'7,+*3,GEF6D43F+DH7,$G,1($%'$C377
637()F,I(+*,34%*D7(7,$F,1($73%D'D+($F,%'$C37737B,;+,(7,DF,D++34%+,+$,C$41(F3,+*3,(FG$'4D+($F
%'373F+36,(F,%'3J($E7,C*D%+3'7,DF6,E+(H(K3,(+,(F,+*3,C$F+3L+,$G,(F+3)'D+36,%'$C37737B,>*3,EH+(4D+3
$1M3C+(J3,(7,+$,3FD1H3,+*3,'3D63',+$,3GG(C(3F+H&,7&F+*37(K3,DF6,3JDHED+3,(F+3)'D+36,1($73%D'D+($F
%'$C37737B
<(J3F,D,%'$6EC+,DF6,D,637('36,DFFEDH,%'$6EC+($F,'D+3,N%HDF+,+*'$E)*%E+O,1($%'$C377
637()F,3F63DJ$'7,+$,DF7I3',+*3,G$HH$I(F),PE37+($F7Q,R*D+,D'3,+*3,'3PE('36,D4$EF+7,$G,'DI
4D+3'(DH7,DF6,E+(H(+(37S,,R*D+,(7,+*3,'3PE('36,7(K3,$G,%'$C377,3PE(%43F+,DF6,7E%%$'+(F),E+(H(+(37S
#DF,+*3,%'$6EC+,13,%'$6EC36,(F,DF,3L(7+(F),GDC(H(+&,$',D,F3I,%HDF+,(7,'3PE('36S,R*D+,(7,+*3,+$+DH
CD%(+DH,(FJ37+43F+S,,R*D+,(7,+*3,4DFEGDC+E'(F),C$7+S,R*D+,(7,+*3,$%+(4E4,1D+C*,7(K3S,=$I,H$F)
6$37,D,7(F)H3,1D+C*,+DT3S,=$I,4EC*,%'$6EC+,CDF,13,)3F3'D+36,%3',&3D'S,2E'(F),+*3,C$E'73,$G,D
1D+C*,I*D+,(7,+*3,634DF6,G$',JD'($E7,'37$E'C37,N3B)B0,'DI,4D+3'(DH70,HD1$'0,E+(H(+(370,3+CBOS,R*D+,(7
+*3,+$+DH,D4$EF+,$G,'37$E'C37,C$F7E436S,R*(C*,%'$C377,7+3%7,$','37$E'C37,C$F7+(+E+3,1$++H3F3CT7S
R*D+,C*DF)37,CDF,(FC'3D73,+*'$E)*%E+S,R*D+,(7,+*3,3FJ('$F43F+DH,(4%DC+,$G,+*3,%'$C377,N(B3B0
D4$EF+,DF6,+&%3,$G,ID7+3,4D+3'(DH7OS,R*(C*,637()F,(7,+*3,U137+V,D4$F),73J3'DH,%HDE7(1H3
DH+3'FD+(J37S

YY5Y *9R67686Z7D)A7*)!A<[;\Z]7*

5'$C377,637()F,(7,+*3,C$FC3%+EDH,I$'T,6$F3,%'($',+$,1E(H6(F)0,3L%DF6(F),$','3+'$G(++(F),D,%'$C377
%HDF+B,;+,C$F7(7+7,$G,+I$,4D(F,DC+(J(+(370,!"#$%&&'&()*+%&,&,DF6,!"#$%&&'-)-.(&,&B,5'$C377,7&F+*37(7
(7,+*3,73H3C+($F,DF6,D''DF)343F+,$G,D,73+,$G,EF(+,$%3'D+($F7,N%'$C377,7+3%7O,CD%D1H3,$G,%'$6EC(F)
+*3,637('36,%'$6EC+,D+,DF,DCC3%+D1H3,C$7+,DF6,PEDH(+&B,5'$C377,DFDH&7(7,(7,+*3,3JDHED+($F,DF6
C$4%D'(7$F,$G,6(GG3'3F+,%'$C377,7&F+*37(7,7$HE+($F7B,;F,)3F3'DH0,D,7&F+*37(7,7+3%,(7,E7EDHH&
G$HH$I36,1&,DF,DFDH&7(7,7+3%0,DF6,+*3,'37EH+7,$G,DFDH&7(7,63+3'4(F3,+*3,7E173PE3F+,7&F+*37(7,7+3%B
5'$C377,637()F,DF6,%'$M3C+,3C$F$4(C,3JDHED+($F,'3PE('3,(F+3)'D+($F,$G,TF$IH36)3,G'$4,4DF&
6(GG3'3F+,7C(3F+(G(C,DF6,3F)(F33'(F),6(7C(%H(F37,DF6,D'3,CD''(36,$E+,D+,JD'($E7,H3J3H7,$G,63+D(HB
>D1H3,""!",%'373F+7,D,C$44$F,CHD77(G(CD+($F,$G,637()F,DF6,C$7+,37+(4D+37,DF6,+&%(CDH,3F)(F33'(F)
C$7+,G$',D,WX/,4(HH($F,%HDF+,N2$E)HD70,"YZZ[,\'$*H(C*0,"YYYOB
\()E'3,""!",%'373F+7,+*3,F336,G$',JD'($E7,+&%37,$G,637()F,37+(4D+37,6E'(F),+*3,H(G3C&CH3,$G
%'$6EC+,63J3H$%43F+,DF6,C$443'C(DH(KD+($F,N\'$*H(C*0,"YYYOB,,>*3,+'D%3K$(6DH,7*D%3,$G,+*3,)'D%*
'3%'373F+7,+*3,6'D7+(C,'36EC+($F,(F,%'$6EC+,CDF6(6D+37,D7,I3,4$J3,G'$4,G3D7(1(H(+&,7+E6(37,+$
C$443'C(DH(KD+($FB,;F,GDC+0,+*3,C*DFC37,$G,C$443'C(DH(KD+($F,D+,+*3,'373D'C*,7+D)3,G$',D,F3I
%'$6EC+,D'3,$FH&,D1$E+,",+$,]^0,D+,+*3,63J3H$%43F+,7+D)3,+*3&,D'3,D1$E+,"/,+$,.X^0,DF6,D+,+*3
%(H$+,%HDF+,7+D)3,+*3&,D'3,D1$E+,_/,+$,`/^,N2$E)HD70,"YZZOB

!.!
!
8F-E')YYQY,,>&%37,$G,637()F,37+(4D+37
:'B'E 8.$')#W)9(0"/F0' A&&C%F&. <#(0)K^YHHHN
"B a'63'!$G!bD)F(+E63,37+(4D+3,N'D+($,37+(4D+3O,1D736,$F ≤ X/^ !
7(4(HD',%'3J($E7,C$7+,6D+DB
.B 5'$M3C+,5HDFF(F),37+(4D+3,N1E6)3+,37+(4D+($FO,1D736,$F ≤ ]/^ ./,!,_/
TF$IH36)3,$G,4DM$',3PE(%43F+,(+347B
]B 5'3H(4(FD'&,@F)(F33'(F),N7C$%3,37+(4D+3O,1D736,$F ≤ .X^ X/,!,"//
7EGG(C(3F+,6D+D,+$,%3'4(+,+*3,37+(4D+3,+$,13,1E6)3+36B
_B 23+D(H36,@F)(F33'(F),NCD%(+DH,D%%'$JDH,7+D)3O,1D736,$F ≤ "X^ "//,!,.//
DH4$7+,C$4%H3+3,%'$C377,6D+DB
XB 5'$CE'343F+,DF6,#$F7+'EC+($F,NC$F+'DC+$'c7,37+(4D+3O ≤ "/^ ]0///,d,e0///
1D736,$F,C$4%H3+3,3F)(F33'(F),6'DI(F)70,7%3C(G(CD+($F70
DF6,7(+3,7E'J3&7B

a'63'!$G!4D)F(+E63,37+(4D+37,D'3,E7EDHH&,%'DC+(C36,1&,3L%3'(3FC36,3F)(F33'7,I*$,*DJ3
I$'T36,$F,7(4(HD',%'$M3C+7,(F,+*3,%D7+B,>*3&,+DT3,4(FE+37,$',*$E'7,+$,C$4%H3+3,1E+,+*3,3''$',(F,+*3
37+(4D+3,CDF,13,D7,*()*,D7,X/^B,b$7+,3F)(F33'7,34%H$&36,1&,$%3'D+(F),C$4%DF(37,E7EDHH&
%3'G$'4,H3J3H,.,DF6,],7+E6(37B,?EC*,7+E6(37,+DT3,6D&7,$',I33T7,+$,C$4%H3+3,E7(F),D%%'$%'(D+3
C$4%E+3',D(67B,>*3,4D(F,$1M3C+(J3,$G,7EC*,7+E6(37,(7,+$,3JDHED+3,DH+3'FD+(J37,DF6,%(F%$(F+,+*3
4$7+,C$7+!73F7(+(J3,D'3D7,d,+*3,3C$F$4(C,U*$+!7%$+7V,d,$G,D,C$4%H3L,%'$C377B,>*3,'37EH+7,$G,7EC*
DFDH&737,D'3,E736,+$,%HDF,GE+E'3,'373D'C*,DF6,63J3H$%43F+,DF6,+$,)3F3'D+3,%'$M3C+,1E6)3+7B
93J3H,_,DF6,X,7+E6(37,D'3,E7EDHH&,%3'G$'436,1&,3F)(F33'(F),DF6,C$F7+'EC+($F,C$4%DF(37
+*D+,D'3,*('36,+$,1E(H6,F3I,%HDF+7,G$',%'$4(7(F),F3I,%'$6EC+7,+*D+,D'3,D+,DF,D6JDFC36,7+D)3,$G
63J3H$%43F+B,?EC*,37+(4D+37,D'3,13&$F6,+*3,7C$%3,$G,+*(7,C*D%+3'B,;F7+3D60,+*3,G$CE7,$G,+*3
4D+3'(DH,(F,+*3,'37+,$G,+*(7,C*D%+3',I(HH,13,$F,H3J3H,"0,.0,DF6,],7+E6(37B,;+,7*$EH6,DH7$,13,F$+36,+*D+
$%%$'+EF(+(37,G$',C'3D+(J3,%'$C377,637()F,I$'T,D'3,E7EDHH&,H(4(+36,+$,%'3H(4(FD'&,7+E6(37B,f&,+*3
+(43,63+D(H36,3F)(F33'(F),I$'T,(7,(F(+(D+360,D,%'$C377,(7,4$'3,+*DF,Z/^,G(L36B,\E'+*3'4$'30,+*3
JD7+,4DM$'(+&,$G,(4%$'+DF+,63C(7($F7,G$',CD%(+DH,3L%3F6(+E'37,DF6,%'$6EC+,C$443'C(DH(KD+($F,D'3
1D736,$F,'37EH+7,$G,%'3H(4(FD'&,%'$C377,637()F,DF6,C$7+,DFDH&7(7B,>*(7,3L%HD(F7,I*&,(+,(7,7$
(4%$'+DF+,G$',D,F3I,3F)(F33',+$,4D7+3',+*3,7T(HH7,$G,%'3H(4(FD'&,%'$C377,637()F,DF6,C$7+
37+(4D+($FB
@FJ('$F43F+DH,(4%DC+,D7737743F+,(7,DF,DC+(J(+&,CH$73H&,'3HD+36,+$,%'$C377,637()F,DF6,C$7+
37+(4D+($FB,f($C*34(CDH,%HDF+7,)3F3'D+3,D,I(63,'DF)3,$G,H(PE(60,7$H(60,DF6,)D73$E7,ID7+3,7+'3D47
+*D+,'3PE('3,+'3D+43F+,%'($',+$,6(7C*D')3B,>*3,C$7+,D77$C(D+36,I(+*,ID7+3,+'3D+43F+,DF6,6(7%$7DH
*D7,7T&'$CT3+36,(F,'3C3F+,&3D'7,6E3,+$,(FC'3D7(F)H&,7+'(C+3',3FJ('$F43F+DH,'3)EHD+($F7B,>*(7,C$7+
CDF,13,'36EC36,+*'$E)*,4(F(4(KD+($F,$G,ID7+3,)3F3'D+($F,D+,+*3,7$E'C3B,=$I3J3'0,)3F3'D+($F,$G
ID7+3,G'$4,D,C*34(CDH,$',1($C*34(CDH,%'$C377,(7,63%3F63F+,E%$F,+*3,%'$C377,637()F,DF6,+*3
4DFF3',(F,I*(C*,+*3,%'$C377,(7,$%3'D+36B,>*E70,'36EC(F),ID7+3,(F,DF,(F6E7+'(DH,%'$C377,'3PE('37
(F+(4D+3,TF$IH36)3,$G,+*3,%'$C377,+3C*F$H$)&0,(F,C$F+'D7+,+$,ID7+3,+'3D+43F+,I*(C*,3773F+(DHH&,(7
DF,D66!$F,D+,+*3,3F6,$G,+*3,%'$C377B,;F,D66(+($F0,4(F(4(KD+($F,$G,ID7+3,)3F3'D+($F,4E7+,13
C$F7(63'36,1&,%'$C377,3F)(F33'7,D+,+*3,3D'H&,7+D)37,$G,%'$C377,63J3H$%43F+B,aFC3,D,%'$C377,*D7
EF63')$F3,7()F(G(CDF+,63J3H$%43F+,(+,(7,6(GG(CEH+,DF6,C$7+H&,+$,4DT3,4DM$',C*DF)37B,\E'+*3'4$'30

!]!
!
'3)EHD+$'&,C$F7+'D(F+7,+*D+,D'3,EF(PE3,+$,+*3,%*D'4DC3E+(CDH,(F6E7+'&,'37+'(C+,%'$C377
4$6(G(CD+($F7,$FC3,CH(F(CDH,3GG(CDC&,$G,+*3,6'E),(7,37+D1H(7*36B,>*373,D'3,$FH&,7$43,$G,+*3,'3D7$F7
+*D+,%'$C377,7&F+*37(7,4E7+,13,C$F7(63'36,F$+,$FH&,6E'(F)0,1E+,13G$'30,+*3,73H3C+($F,$G,EF(+
$%3'D+($F7,G$',(F6(J(6EDH,7+3%7B

7'V)1%#2C&0)<F,2"2F0'(

R'F("-"E"0. :'B'E)Y
@JDHED+($F,$G,5'$6EC+
a%%$'+EF(+(37 :'B'E)=

*'B'E#$/',0)D0F+' :'B'E)>
?3++(F),23J3H$%43F+,a1M3C+(J370
5'3%D'D+($F,$G,fE6)3+7
:'B'E)P

@F%X'0 :'B'E)O
9,0%.

<#//'%&"FE)1%#2C&0(
R"+C%')YYQY,,>&%37,$G,637()F,37+(4D+37,6E'(F),+*3,H(G3C&CH3,$G,D,%'$6EC+B

YY5= D_78`9D6D)ZR)!6ZD91A\A86Z7)1\Z<9DD9D
>*3,63J3H$%43F+,$G,D,GH$I7*33+,G$',+*3,'3C$J3'&,DF6,%E'(G(CD+($F,$G,D,1($H$)(CDH,%'$6EC+,(7,D
C'3D+(J3,%'$C377,+*D+,6'DI7,$F,+*3,3L%3'(3FC3,DF6,(4D)(FD+($F,$G,+*3,3F)(F33'B,8++34%+7,*DJ3
133F,4D63,+$,CD%+E'3,+*D+,3L%3'(3FC3,$F,+*3,C$4%E+3',(F,+*3,G$'4,$G,3L%3'+,7&7+347,N873FM$,DF6
bDE)3'(0,"YY.[,9373',DF6,873FM$0,"YY.[,53+'(637,3+,DHB0,"YZY[,53+'(6370,"YY_O,DF6,DE+$4D+3,+$
7$43,3L+3F+,+*3,%'$C377,7&F+*37(7,+D7T7B,@L%3'(3FC36,3F)(F33'7,*3DJ(H&,'3H&,$F,C3'+D(F,"/.%&'#0

!_!
!
*+/120,DH7$,TF$IF,D7,+%/",&*,$&0,G$',%E++(F),+$)3+*3',+*3,7T3H3+$F,$G,D,'3C$J3'&,DF6,%E'(G(CD+($F
%'$C377B,8,G3I,7EC*,*3E'(7+(C7,G$HH$IQ
YN! \'/#B')04')/#(0)$E',0"WCE)"/$C%"0"'()W"%(05
=N! \'/#B')04')'F("'(0Q0#Q%'/#B')"/$C%"0"'()W"%(05
>N! @FX')04')/#(0)2"WW"&CE0)F,2)'S$',("B')('$F%F0"#,()EF(05
PN! D'E'&0)$%#&'(('()04F0)/FX')C(')#W)04')+%'F0'(0)2"WW'%',&'()",)04')$%#$'%0"'()#W)04'
$%#2C&0)F,2)"0()"/$C%"0"'(5
ON! D'E'&0)F,2)('aC',&')$%#&'(('()04F0)'S$E#"0)2"WW'%',0)('$F%F0"#,)2%"B",+)W#%&'(5

\()E'3,""!.,%'$J(637,D,)3F3'DH(K36,7+'EC+E'3,G$',%E++(F),+$)3+*3',DF,(F(+(DH,1H$CT,6(D)'D4
'3%'373F+D+($F,$G,D,'3C$J3'&,%'$C377,N53+'(637,3+,DHB0,"YZYOB,\$',3DC*,%'$6EC+,CD+3)$'&
N(F+'DC3HHEHD',$',3L+'DC3HHEHD'O,73J3'DH,1'DFC*37,3L(7+,(F,+*3,4D(F,%D+*ID&B,?3H3C+($F,D4$F),+*3
1'DFC*37,DF6,DH+3'FD+(J3,EF(+,$%3'D+($F7,(7,1D736,$F,+*3,%'$%3'+(37,$G,+*3,%'$6EC+0,+*3,%'$%3'+(37,$G
+*3,(4%E'(+(370,DF6,+*3,%'$%3'+(37,$G,+*3,%'$6EC(F),4(C'$$')DF(7470,C3HH7,$',+(77E37B,f($%'$C377
7&F+*37(7,+*E7,C$F7(7+7,$G,73PE3FC(F),7+3%7,DCC$'6(F),+$,+*3,G(J3,*3E'(7+(C7,DF6,+*3,7+'EC+E'3,$G
\()E'3,""!.B,>*3,4DM$'(+&,$G,1($%'$C377370,37%3C(DHH&,+*$73,34%H$&36,(F,+*3,%'$6EC+($F,$G,*()*!
JDHE30,H$I!J$HE43,%'$6EC+7,$%3'D+3,(F,1D+C*,4$63B,#$F+(FE$E7,1($73%D'D+($F,%'$C37737,D'3
E+(H(K36,(F,+*3,%'$6EC+($F,$G,C$44$6(+&,1($C*34(CDH70,7EC*,D7,$')DF(C,DC(67,DF6,3+*DF$HB

YY5=5Y! 1%"/F%.)\'&#B'%.)D0F+'(

5'(4D'&,'3C$J3'&,C$4%'(737,+*3,G('7+,7+3%7,$G,6$IF7+'3D4,%'$C377(F),I*3'3,7$43
%E'(G(CD+($F,DF6,1'$+*,J$HE43,'36EC+($F,$CCE'7B,8CC$'6(F),+$,\()E'3,""!.0,+*3,73H3C+($F,$G,+*3
G('7+,7+3%,63%3F67,$F,I*3+*3',+*3,%'$6EC+,(7,(F+'DC3HHEHD',N'34D(F7,(F7(63,+*3,4(C'$$')DF(74,DG+3'
(+7,3L%'377($FO,$',3L+'DC3HHEHD',N73C'3+36,(F+$,+*3,7$HE+($FOB,8H4$7+,DHH,H$I,4$H3CEHD',I3()*+,DF6
4DF&,*()*,4$H3CEHD',I3()*+,1($%'$6EC+7,D'3,3L+'DC3HHEHD'B,>*3(','3C$J3'&,DF6,%E'(G(CD+($F,(7
3D7(3',C$4%D'36,+$,(F+'DC3HHEHD',%'$6EC+7,6E3,+$,+*3,H$I3',D4$EF+,$G,(4%E'(+(37,%'373F+B,b$7+
'3C$41(FDF+,3ETD'&$+(C,%'$+3(F7,%'$6EC36,1&,%'$TD'&$+(C,4(C'$$')DF(747,D'3,(F+'DC3HHEHD'
%'$6EC+7,N733,#*D%+3',.,G$',63G(F(+($F7,$G,%'$TD'&$+(C,DF6,3ETD'&$+(C,C3HH7OB,>*3&,DCCE4EHD+3
(F7(63,+*3,*$7+,C3HH,(F,3(+*3',FD+(J3,$',63FD+E'36,G$'4[,+*3,63FD+E'36,(F+'DC3HHEHD',%'$6EC+7,$G+3F
G$'4,(F7$HE1H3,(FCHE7($F,1$6(37,N;fc7OB,8,1'(3G,'3J(3I,$G,+*3,4$7+,C$44$F,%'(4D'&,'3C$J3'&
7+3%7,N637C'(136,(F,C*D%+3'7,.0],DF6,_O,G$HH$I70,DF6,JD'($E7,'D+($FDH37,G$',EF(+,$%3'D+($F,73H3C+($F
D'3,(FCHE636B

;g>:8#@99h98:,5:a2h#>?

<'EE)`F%B'(0",+B,>*3,G('7+,%E'(G(CD+($F,7+3%,G$',(F+'DC3HHEHD',%'$6EC+7,(7,C3HH,*D'J37+(F)B
:34$JDH,$G,+*3,3L+'DC3HHEHD',H(PE(6,(7,(F,D)'3343F+,I(+*,+*3,G('7+,)3F3'DH,*3E'(7+(C,d,:34$J3,+*3
4$7+,%H3F+(GEH,(4%E'(+(37,G('7+B
87,733F,(F,\()E'3,""!.0,C3F+'(GE)D+($F,DF6,4341'DF3,G(H+'D+($F,N1$+*,4(C'$!,DF6
EH+'DG(H+'D+($FO,D'3,+*3,$FH&,+3C*F(PE37,E736,G$',HD')3!7CDH3,C3HH,*D'J37+(F)B,87,3L%HD(F36,(F

!X!
!
2+1'#&"*1'

+789:;<==>=:9 #?89:;<==>=:9
09@A>;8B 09@A>;8B

"#$$!%&'(#)*+,-
!"#$%&'()*+,&(-% 2+13&))!'#31(&$
!".(/'-)(0&',&(-% !"<,/**3"=(0&',&(-%
!"10&',)(0&',&(-% !"#$%&'()*+,&(-%
!".(/'-)(0&',&(-%
!"10&',)(0&',&(-%
"#$$!.+)'/0*+1, !">'$88"=(0&',&(-%
!"2-3-+$%(4,&(-% !"#,%60$"=(0&',&(-%
!"5$,6".(00(%+ !"=0-&,&(-%
!"783-&(/"9:-/;
0'1./"*!#4*'&"*+1,!25
!"?@*$-*8"AB-C>:,8$8
!"7'+,%(/"9-0D$%&8
"#$$!.#2'+)!'#31(&$ !"EFG,%6$6"5$6"?68-'G&(-%
!"#$%&'()*+,&(-% !"5,&/:"?68-'G&(-%
!".(/'-)(0&',&(-% !"9*G$'/'(&(/,0"=0*(68
!"<,/**3"=(0&',&(-% !"H$D$'8$".(/$00$8
!">'$88"=(0&',&(-% !"EF&',/&(D$"I(8&(00,&(-%

"1,"#,*'&*+1,
+2IB
!"10&',)(0&',&(-%
!"ED,G-',&(-%
'#,&*/'&*+1, !"H$D$'8$"783-8(8
!"I(88-0*&(-% !">'$/(G(&,&(-%
!"H$)-06(%+ !"#'J8&,00(4,&(-%
!"EF&',/&(-%
!"?68-'G&(-%
!"I(8&(00,&(-%

%CDE!0>9C8F $@G!0>9C8F
'<H>C9<A '<H>C9<A

6+,&$!0/'+6+"&*+1, .#%5.'&*+1,!1'
)1$(#,*!'#31(&$
!"#:'-3,&-+',G:J"K?))(%(&JL
"""H$D$'8$6">:,8$L"M-%"EF/:,%+$L !"9G',J"I'J(%+
6@9!)@=CA
"""9(4$"EF/0*8(-%L"$&/NO" !"='$$4$"I'J(%+
!"I(,)(0&',&(-% 6C7:=!6@9J !"A',J"I'J(%+
!"E0$/&'-6(,0J8(8 !"=0*(6"5$6"I'J(%+
!"E0$/&'-G:-'$8(8 !"I'*3"I'J(%+

R"+C%')YYQ=,,<3F3'DH(K36,1H$CT,6(D)'D4,$G,6$IF7+'3D4,%'$C377(F)B

!`!
!
#*D%+3',_0,C3F+'(GE)D+($F,*D7,D6JDF+D)37,G$',HD')3,DF6,63F73,4(C'$$')DF(47,N6(D43+3',i,.,µ4
DF6,63F7(+&,i,"B/],)jC4]OB,\$',(F7+DFC30,C3F+'(GE)D+($F,(7,J3'&,3GG(C(3F+,G$',*D'J37+(F),&3D7+B,\$'
74DHH3',4(C'$$')DF(7470,JD'($E7,C$D)EHD+($F,+3C*F(PE37,CDF,13,E736,+$,(FC'3D73,+*3,7(K3,$G,+*3
73++H(F),%D'+(CH37,N733,#*D%+3',.OB,b341'DF3,G(H+'D+($F,*D7,D6JDF+D)37,G$',*D'J37+(F),74DHH,DF6
H()*+,C3HH7B,8F$+*3',D6JDF+D)3,$G,4341'DF3,G(H+'D+($F,(7,(F,%'$6EC+,'3C$J3'&B,#3HH,H$77,6E'(F)
C3F+'(GE)D+($F,(7,+&%(CDHH&,",+$,X^B,=$I3J3'0,I(+*,4341'DF3,G(H+'D+($F0,3773F+(DHH&,DHH,C3HH7,D'3
'3C$J3'36,EFH377,+*3'3,(7,C3HH,6(7'E%+($F,NH&7(7O,$','(%%36,4341'DF37B

<'EE)*"(%C$0"#,B,>*(7,(7,E7EDHH&,+*3,73C$F6,7+3%,G$',(F+'DC3HHEHD',%'$6EC+7B,;+7,%E'%$73,(7,+$
1'3DT,$%3F,+*3,*$7+,C3HH7,DF6,'3H3D73,+*3,(F+'DC3HHEHD',%'$6EC+B,>*3,JD'($E7,$%+($F7,G$',C3HH
6(7'E%+($F,D'3,%'373F+36,(F,#*D%+3',.B,2(7'E%+($F,$G,1DC+3'(D,DF6,&3D7+,(7,CD''(36,$E+,3(+*3',1&
*()*,%'377E'3,*$4$)3F(K3'7,$',13D6,4(HH7,NkEHD,DF6,?C*E++30,"YZeOB,\$',HD')3,CD%DC(+(37,N73J3'DH
4]j*O,$FH&,*()*,%'377E'3,*$4$)3F(K3'7,D'3,%'DC+(CDHB,a74$+(C,7*$CT,(7,$G+3F,E736,G$','3H3D73,$G
%3'(%HD74(C,%'$6EC+7,+*D+,DCCE4EHD+3,13+I33F,+*3,C3HH,4341'DF3,DF6,+*3,C3HH,IDHH
5'($',+$,6(7'E%+($F,+*3,C$FC3F+'D+3,(7,$G+3F,6(HE+36,N1&,X!"/^O,I(+*,D,UH&7(7,1EGG3'V,+$,C'3D+3
C$F6(+($F7,+*D+,4(F(4(K3,%'$6EC+,63FD+E'D+($F,E%$F,'3H3D73,G'$4,+*3,C3HHB,\$',*D'6!+$!6(7'E%+
4(C'$$')DF(7470,4EH+(%H3,*$4$)3F(K3',%D7737,D+,X//!"///,1D',D'3,'3PE('36B,bEH+(%H3,%D7737,D'3
DH7$,'3PE('36,(G,+*3,%'$6EC+,G$'47,(FCHE7($F,1$6(37B>*(7,DHH$I7,+*3,(FCHE7($F,1$6(37,+$,13
'3H3D7360,DF6,DH7$,1'3DT7,+*3,C3HH,631'(7,(F+$,J3'&,74DHH,%D'+(CH370,I*(C*,GDC(H(+D+37,+*3,73%D'D+($F
$G,(FCHE7($F,1$6(37,G'$4,C3HH,631'(7,GE'+*3',6$IF7+'3D4B,?$43,%'$6EC+,%'$+3(F,63)'D6D+($F
$CCE'7,6E'(F),C3HH,6(7'E%+($F,6E3,+$,*()*,7*3D',DF6,$L(6D+($FB

\'/#BFE)#W)<'EE)*'-%"(B,>*3,C3HH,631'(7,+*D+,(7,)3F3'D+36,1&,C3HH,6(7'E%+($F,(7,E7EDHH&
'34$J36,1&,C3F+'(GE)D+($F,$',4(C'$G(H+'D+($FB,a+*3',$%+($F7,(FCHE63,'$+D'&,JDCEE4,G(H+'D+($F0
%'377,G(H+'D+($F0,63%+*,G(H+'D+($F0,3L+'DC+($F0,DF6,3L%DF636,136,D67$'%+($F,N@f8O,C*'$4D+$)'D%*&B
3#./2.%'4"#5/$*B,R*3F,+*3,%'$6EC+,(7,7$HE1H30,(+,(7,'3C$J3'36,6E'(F),C3HH,631'(7,'34$JDH
3(+*3',(F,+*3,H()*+,%*D73,$G,D,C3F+'(GE)3,$',(F,+*3,%3'43D+3,7+'3D4,$G,D,G(H+3'B,#3F+'(GE)37
3GG(C(3F+H&,73%D'D+3,$FH&,GD('H&,HD')3,%D'+(CH37,$G,C3HH,631'(7,N)'3D+3',+*DF,/BX,µ4,?+$T37c
6(D43+3'OB,>*3'3G$'30,I*3F,D,C3F+'(GE)3,(7,E736,G$',C3HH,631'(7,'34$JDH0,D,%$H(7*(F),G(H+'D+($F,7+3%
4E7+,G$HH$I,+$,'34$J3,74DHH,631'(7,%D'+(CH37,I*(C*,4()*+,$+*3'I(73,CDE73,73J3'3,%'$1H347,(F
%'$C37737,6$IF7+'3D4,7EC*,D7,C*'$4D+$)'D%*&B,AD'($E7,+&%37,$G,G(H+3'7,N3B)B0,63%+*0,%'3770
CDF6H30,'$+D'&,JDCEE40,4341'DF3,4(C'$G(H+3'70,3+CBO,CDF,13,E736,G$',%$H(7*(F)B,8H+3'FD+(J3H&0
+*373,G(H+3'7,CDF,13,E736,G$',C3HH,631'(7,'34$JDH,I(+*$E+,D,C3F+'(GE)D+($F,7+3%,%'3C36(F),+*34B,;+,(7
J3'&,6(GG(CEH+,+$,%'36(C+,D,%'($'(,I*(C*,G(H+3',%3'G$'47,137+,G$',D,7%3C(G(C,%'$6EC+B,R*3F
4(C'$G(H+3'7,D'3,E736,G$',C3HH,631'(7,'34$JDH0,7$43,63)'33,$G,6(DG(H+'D+($F,(7,'3PE('36,+$,DC*(3J3,DF
DCC3%+D1H3,%'$6EC+,'3C$J3'&,&(3H6B
6)&#./2.%'4"#5/$*B,R*3F,+*3,%'$6EC+,(7,(F7$HE1H3,DF6,G$'47,(FCHE7($F,1$6(370,(+,4E7+,G('7+
13,73%D'D+36,G'$4,+*3,C3HH,631'(7,%D'+(CH370,+*3F,6(77$HJ36,DF6,'3G$H636,N733,+*3,(F7EH(F,3LD4%H3
HD+3',(F,+*(7,C*D%+3',G$',D,%'$C377,$G,+*(7,+&%3OB,\$'+EFD+3H&0,(FCHE7($F,1$6(37,E7EDHH&,*DJ3,D,HD')3
6(D43+3',N/B],d,"B/,µ4O,DF6,*()*,63F7(+&,N"B],d,"BX,)jC4]O,N>D&H$',3+,DHB0,"YZ`O,DF6,CDF,13
73%D'D+36,G'$4,C3HH,631'(7,I(+*,D,6(7T!7+DCT,C3F+'(GE)3,N#*D%+3',_OB,>*3,(FCHE7($F,1$6(37,D'3

!e!
!
'3C$J3'36,(F,+*3,*3DJ&,%*D73,$G,+*3,C3F+'(GE)3,I*(H3,4$7+,C3HH,631'(7,%D'+(CH37,'34D(F,(F,+*3,H()*+
%*D73B,>*3,*3DJ&,%*D73,(7,E7EDHH&,'37E7%3F636,DF6,'3C3F+'(GE)36,.!],+(437,+$,'3DC*,D,*()*,63)'33
$G,(FCHE7($F!1$6&,%E'(+&B,:37E7%3F7($F,(F,D,7$HE+($F,$G,D,63+3')3F+,DF6j$',D,H$I,C$FC3F+'D+($F,$G
D,C*D$+'$%(C,D)3F+,(7,$G+3F,%'DC+(C36,+$,GDC(H(+D+3,+*3,'34$JDH,$G,$+*3',C$F+D4(FDF+7B,>*3,%=,DF6
+*3,($F(C,7+'3F)+*,$G,+*3,7$HE+($F,D'3,D6ME7+36,+$,'36EC3,+*3,*&6'$%*$1(C(+&,$G,+*3,C3HH,631'(7
%D'+(CH37,DF6,3F*DFC3,+*3(','34$JDH,(F,+*3,H()*+,%*D73B,\(FDH,%'$6EC+,%E'(+&,3LC336(F),e/^,(7
PE(+3,C$44$FB

1%#2C&0)9S0%F&0"#,)U)A2(#%$0"#,B,5'$6EC+,73%D'D+($F,G'$4,C3HH,631'(7,CDF,DH7$,13,CD''(36
$E+,1&,3L+'DC+($F,DF6j$',D67$'%+($FB,a')DF(C,7$HJ3F+7,D'3,C$44$FH&,E736,D7,3L+'DC+DF+7,G$',H$I
4$H3CEHD',I3()*+,%'$6EC+70,7EC*,D7,JD'($E7,DF+(1($+(C7B,8PE3$E7,+I$!%*D73,7&7+347,*DJ3,G$EF6
D%%H(CD+($F7,G$','3C$J3'&,$G,%'$+3(F7B,>*3,C'(+3'(D,G$',3L+'DC+DF+,73H3C+($F,D'3Q,+*3,%D'+(+($F
C$3GG(C(3F+,$G,+*3,%'$6EC+,7*$EH6,13,*()*3',+*DF,+*3,%D'+(+($F,C$3GG(C(3F+,$G,+*3,C$F+D4(FDF+7[,+*3
3L+'DC+DF+,7*$EH6,F$+,63)'D63,+*3,%'$6EC+[,(+,7*$EH6,F$+,13,3L%3F7(J3[,DF6,(+,7*$EH6,13,3D7&,+$
'3C$J3',$',6(7%$73,$G,N733,#*D%+3',X,G$',4$'3,63+D(H36,(FG$'4D+($F,$F,3L+'DC+($FOB
;F,D66(+($F0,%'$6EC+,73%D'D+($F,G'$4,631'(7,DF6,7(4EH+DF3$E7,C$FC3F+'D+($F,CDF,13,DC*(3J36
1&,D67$'%+(J3,+3C*F(PE37,N5DH43'0,"YeeOB,AD'($E7,+&%37,$G,D67$'13F+7,N3B)B0,($F,3LC*DF)30,'3J3'73
%*D730,DGG(F(+&0,3+CBO,CDF,13,E736B,>*(7,+&%3,$G,%E'(G(CD+($F,'3PE('37,+*3,6(7'E%+36,C3HH7,DF6,%'$6EC+
+$,13,4(L36,(F,D,7+(''36,+DFT,I(+*,DF,D67$'13F+B,8,ID7*(F),7+3%0,I*3'3,4$7+,$G,+*3,C3HH,631'(7
%D'+(CH37,DF6,C$F+D4(FDF+7,D'3,ID7*36,$E+0,G$HH$I7,%'$6EC+,D67$'%+($FB,b$'3,'3C3F+H&0,3L%DF636
136,D67$'%+($F,N@f8O,C*'$4D+$)'D%*&,*D7,7*$IF,%'$4(73,G$',73%D'D+(F),%'$+3(F7,G'$4,C3HH
631'(7,%D'+(CH37,N#*DF),DF6,#*D730,"YY`OB,>*3,G336,(7,%E4%36,E%ID'67,+*'$E)*,DF,3L%DF636,136B
>D')3+,%'$+3(F7,D'3,1$EF6,+$,+*3,D67$'13F+,I*(H3,C3HH,631'(7,DF6,$+*3',C$F+D4(FDF+7,%D77,+*'$E)*B
8,ID7*(F),7+3%,'34$J37,DHH,I3DTH&,'3+D(F36,4D+3'(DHB,8F,3HE+($F,7+3%,G$HH$I7,+*D+,'3H3D737,DF6
GE'+*3',%E'(G(37,+*3,%'$6EC+,N733,#*D%+3',`,G$',4$'3,63+D(H36,(FG$'4D+($F,$F,D67$'%+($FOB

@l>:8#@99h98:,5:a2h#>?

!"#/F(()\'/#BFEB,;F,D)'3343F+,I(+*,+*3,73C$F6,)3F3'(C,*3E'(7+(C0,'34$J3,+*3,3D7(37+!+$!
'34$J3,(4%E'(+(37,G('7+0,1($4D77,'34$JDH,(7,E7EDHH&,+*3,G('7+,7+3%,$G,6$IF7+'3D4,%'$C377(F),$G
3L+'DC3HHEHD',%'$6EC+7B,>*(7,7+3%,CDF,13,DCC$4%H(7*36,1&,E7(F),$F3,N$',4$'3O,$G,+*3,G$HH$I(F)
EF(+,$%3'D+($F7Q,'$+D'&,JDCEE4,G(H+'D+($F0,6(7T!7+DCT,$',63CDF+3',C3F+'(GE)D+($F0,%'377,G(H+'D+($F0
4(C'$G(H+'D+($F0,EH+'DG(H+'D+($F0,GH$+D+($F0,3+CB,?(FC3,3DC*,EF(+,$%3'D+($F,*D7,D6JDF+D)37,DF6
6(7D6JDF+D)37,G$',6(GG3'3F+,%'$6EC+7,DF6,4(C'$$')DF(7470,+*3,73H3C+($F,$G,+*3,137+,EF(+,$%3'D+($F
N7O,G$',D,)(J3F,7&7+34,CDF,13,6(GG(CEH+B
7#*-"('8-$//1'0,.*"-*,#)0,37%3C(DHH&,I(+*,%'3C$D+0,(7,+*3,CHD77(CDH,I(63H&,E736,43+*$6,G$'
'34$JDH,$G,4&C3H(DH,$')DF(747,N2H$E*&,DF6,2D*H7+'$40,"Y`ZOB,:$+D'&,JDCEE4,G(H+3'7,CDF,$%3'D+3
C$F+(FE$E7H&,G$',H$F),%3'($67,$G,+(43,N733,#*D%+3',]OB,;F,D66(+($F0,+*3,G(H+'D+3,GHEL,(F,+*373,EF(+7,(7
E7EDHH&,*()*3',+*DF,.//,9j4.!*,DF6,4D&,'3DC*,"0///,9j,4.!*B,>*3,4$7+,(4%$'+DF+,6(7D6JDF+D)3
$G,+*(7,+&%3,$G,EF(+,(7,+*3,%'$1H34,I(+*,+*3,6(7%$7DH,$G,+*3,4(L+E'3,$G,G(H+3'!D(6,DF6,1($4D77B
\(H+3'!D(6,(7,D6636,(F,3PEDH,$',*()*3',D4$EF+7,+*DF,1($4D77B,?+'(F)3F+,3FJ('$F43F+DH,HDI7,*DJ3

!Z!
!
4D63,(+,C$7+H&,+$,6(7%$73,$G,7EC*,7$H(6,4D+3'(DH7B,>*3'3G$'30,(G,+*3,6(7%$7DH,C$7+,$G,G(H+3',D(6,(7
'3HD+(J3H&,*()*,I*3'3,D,F3I,%HDF+,(7,)$(F),+$,13,1E(H+0,DH+3'FD+(J3,EF(+,$%3'D+($F7,7*$EH6,13
C$F7(63'36,G$',1($4D77,73%D'D+($FB,,=$I3J3'0,(G,+*3,6(7%$7DH,C$7+,$G,G(H+3',D(6,(7,'3HD+(J3H&,H$I0,D
'$+D'&,JDCEE4,G(H+3',(7,D,)$$6,C*$(C3B,>*3,C(+'(C,DC(6,%'$C3770,I*(C*,(7,637C'(136,HD+3',(F,+*(7
C*D%+3'0,$GG3'7,DF,3LD4%H3,I*3'3,'$+D'&,JDCEE4,G(H+'D+($F,(7,E736,G$',1($4D77,'34$JDHB
9%)*",0/:-*,#)B,2(7T!7+DCT,DF6,63CDF+3',C3F+'(GE)37,D'3,G'3PE3F+H&,E736,D+,HD')3,7CDH3
Nf'EFF3',DF6,=34G$'+0,"YZZ[,8L3H7$F0,"YZXOB,aG,+*3,+I$0,6(7T!7+DCT,C3F+'(GE)37,$%3'D+3,D+,*()*3'
'$+D+($FDH,7%3367,DF6,'34$J3,74DHH3',DF6,H()*+3',4(C'$$')DF(747B,=$I3J3'0,I(+*,+*3,E73,$G
C$D)EHD+(F),D)3F+70,+*3,63CDF+3',C3F+'(GE)3,%3'G$'4DFC3,(4%'$J370,DF6,C*$$7(F),13+I33F,+*3,+I$
+&%37,13C$437,4$'3,6(GG(CEH+B,;+,D%%3D'7,+*D+,+*3,$FH&,C'(+3'($F,13(F),E736,+$,C*$$73,6(7T!7+DCT,D7
$%%$736,+$,63CDF+3',(7,+*3,D1(H(+&,+$,'34$J3,74DHH0,H()*+,4(C'$$')DF(747B,#3F+'(GE)D+($F,6$37,F$+
'3PE('3,G(H+3',D(60,I*(C*,(7,D,7()F(G(CDF+,D6JDF+D)3,C$4%D'36,+$,'$+D'&,JDCEE4,G(H+'D+($FB,;F
)3F3'DH0,+*3,C3F+'(GE)3,%D7+3,C$F+D(F7,_/!`/^,JjJ,3L+'DC3HHEHD',H(PE(6B,;F,$'63',+$,'3C$J3',+*3
%'$6EC+,6(77$HJ36,(F,+*D+,H(PE(60,+*3,%D7+3,(7,E7EDHH&,ID7*36,DF6,'3!C3F+'(GE)36B
;%12"-)%'0,.*"-*,#)B,,R(+*,4341'DF3,G(H+3'7,N4(C'$!,DF6,EH+'DG(H+3'7O,+*3,3L+'DC3HHEHD'
%'$6EC+,%D7737,+*'$E)*,+*3,4341'DF3,I*(H3,1($4D77,DF6,$+*3',%D'+(CEHD+3,C$4%$F3F+7,'34D(F,(F
+*3,C$FC3F+'D+3B,#$FC3F+'D+($F,(7,E7EDHH&,G$HH$I36,1&,6(DG(H+'D+($F,+$,(FC'3D73,+*3,%'$6EC+
'3C$J3'&,&(3H6,N733,#*D%+3',],G$',4$'3,(FG$'4D+($F,$F,+*3,4$63,$G,$%3'D+($F,$G,4341'DF3
G(H+3'7OB,b341'DF3,G(H+3'7,D'3,E736,G$',1($4D77,'34$JDH,4D(FH&,(F,'3C$J3'&,$G,H$I,4$H3CEHD'
I3()*+,%'$6EC+70,7EC*,D7,DF+(1($+(C7,G'$4,4&C3H(DB,\$',*()*,4$H3CEHD',I3()*+,%'$6EC+70
D%%H(CD+($F7,D'3,H(4(+36,+$,CD737,I*3'3,+*3,D4$EF+,$G,7$H(67,(7,'D+*3',74DHH,D7,(F,C3HH,CEH+E'3B

YY5=5= 6,0'%/'2"F0')\'&#B'%.)D0F+'(

>*3,%'(4D'&,'3C$J3'&,7+D)37,ME7+,637C'(136,D'3,G$HH$I36,1&,+*3,(F+3'436(D+3,7+D)370,I*3'3
+*3,%'$6EC+,(7,C$FC3F+'D+36,DF6,GE'+*3',%E'(G(36B,;G,+*3,%'$6EC+,(7,7$HE1H30,%'$6EC+,C$FC3F+'D+($F,(7
E7EDHH&,+*3,G('7+,7+3%B,;G,+*3,%'$6EC+,(7,63FD+E'36,DF6,(F7$HE1H30,G('7+,(+,(7,6(77$HJ36,DF6,'3G$H636
DF6,+*3F,(+,(7,C$FC3F+'D+36,DF6,%E'(G(36B
1%#2C&0)<#,&',0%F0"#,B,8G+3',%'(4D'&,73%D'D+($F0,+*3,%'$6EC+,(7,E7EDHH&,(F,D,6(HE+3
7$HE+($FB,A$HE43,'36EC+($F,1&,C$FC3F+'D+($F,(7,(F,D)'3343F+,I(+*,*3E'(7+(C7,",DF6,.B,#$44$F
C$FC3F+'D+($F,$%+($F7,(FCHE63,EH+'DG(H+'D+($F0,'3J3'73,$74$7(70,3JD%$'D+($F0,D67$'%+($F0
%'3C(%(+D+($F0,3L+'DC+($F0,DF6,6(7+(HHD+($FB
<.*"-0,.*"-*,#)=,(7,E736,3L+3F7(J3H&,G$',%'$+3(F,7$HE+($F,C$FC3F+'D+($FB,>*3,4$H3CEHD',I3()*+
CE+!$GG,$G,+*3,4341'DF3,(7,73H3C+36,+$,'3+D(F,+*3,%'$6EC+,I*(H3,DHH$I(F),EF637('D1H3,(4%E'(+(37
N4D(FH&,H$I,4$H3CEHD',I3()*+,7$HE+37O,+$,%D77,+*'$E)*,+*3,4341'DF3B,>*3,H$I,$%3'D+(F)
+34%3'D+E'3,DF6,+*3,%E'(G(CD+($F,DC*(3J36,DH$F),I(+*,C$FC3F+'D+($F,D'3,7$43,$G,+*3,D6JDF+D)37,$G
EH+'DG(H+'D+($F,$J3',3JD%$'D+($FB,>*3,+&%(CDH,$%3'D+(F),+'DF7!4341'DF3,%'377E'3,(7,.!X,1D',DF6,+*3
DJ3'D)3,GHEL,(7,./!X/,9j4.!*B
7%8%"&%'>&1#&,&,G(H+3'7,34%H$&,4341'DF37,I(+*,74DHH3',%$'3,7(K37,DF6,D'3,E736,G$'
C$FC3F+'D+(F),436(E4,+$,H$I,4$H3CEHD',I3()*+,%'$6EC+7,N3B)B0,DF+(1($+(C70,C3'+D(F,D4(F$,DC(670
3+CBOB

!Y!
!
?8-!#"-*,#)B,>*(F!G(H4,'$+D+(F),3JD%$'D+$'7,CDF,$%3'D+3,D+,'3HD+(J3H&,H$I,+34%3'D+E'37,N_/!
$
X/, #O,EF63',JDCEE4B,>*373,EF(+7,C$4%3+3,(F,+*3,4D'T3+,I(+*,EH+'DG(H+'D+($F,DF6,'3J3'73,$74$7(7
G$',C$FC3F+'D+(F),1$+*,H$I,DF6,*()*,4$H3CEHD',I3()*+,C$4%$EF67B,aF3,6(7D6JDF+D)3,$G
3JD%$'D+($F,C$4%D'36,+$,EH+'DG(H+'D+($F,(7,+*3,HDCT,$G,DF&,%E'(G(CD+($F,6E'(F),C$FC3F+'D+($FB
86JDF+D)37,(FCHE63,+*3,D1(H(+&,+$,C$FC3F+'D+3,+$,D,*()*3',G(FDH,7$H(67,C$FC3F+'D+($F,DF6,+*3,D1(H(+&
+$,*DF6H3,HD')3,+*'$E)*%E+7,N\'33730,"YZ]OB
4"%$,!,*-*,#),(7,$G+3F,E736,G$',C$FC3F+'D+($F,DF6,%E'(G(CD+($FB,fH$$6,%'$+3(F,G'DC+($FD+($F
N733,#*D%+3',eB_O,DF6,C(+'(C,DC(6,%'$6EC+($F,N733,3LD4%H3,HD+3',(F,+*(7,C*D%+3'O,C$F7+(+E+3,+&%(CDH
D%%H(CD+($F7B,866(+($F,$G,7DH+70,7$HJ3F+70,DF6,%$H&43'7,DF6,C*DF)37,(F,%=0,($F(C,7+'3F)+*0,DF6
+34%3'D+E'3,D'3,C$44$FH&,E736,+$,73H3C+(J3H&,%'3C(%(+D+3,C$4%$EF67,$G,(F+3'37+,N#*DF,3+,DHB0
"YZ`OB,5'3C(%(+D+($F,$G+3F,G$HH$I7,DF,3L+'DC+($F,CD''(36,$E+,1&,D,%$H&43'j7DH+,N3B)B0,5@<,DF6
%$+D77(E4,%*$7%*D+3O,DPE3$E7,+I$!%*D73,7&7+34B,R*3F,+*3,%'$6EC+,(7,'3C$J3'36,(F,+*3,%$H&43'!
'(C*,%*D730,%'3C(%(+D+($F,(7,DCC$4%H(7*36,1&,D66(+($F,$G,4$'3,%$H&43'B,;+,(7,(4%$'+DF+,G$'
3C$F$4(C,'3D7$F7,+$,'3C$J3',DF6,'3C&CH3,+*3,%'3C(%(+D+(F),4D+3'(DH7B,5'3C(%(+D+($F,(7,DH7$,E736,+$
'34$J3,C$F+D4(FDF+70,(B3B,FECH3(C,DC(670,1&,D66(F),bF?a_,DF6,7+'3%+$4&C(F,7EHGD+3B
@,&*,..-*,#),(7,E736,G$',C$FC3F+'D+(F),DF6,%E'(G&(F),$')DF(C,7$HJ3F+70,7EC*,D7,3+*DF$H0,DC3+(C
DC(60,3+CB
1%#2C&0)\',F0C%F0"#,B,@ETD'&$+(C,%'$+3(F7,%'$6EC36,1&,%'$TD'&$+(C,4(C'$$')DF(747
$G+3F,G$'4,(F7$HE1H3,(FCHE7($F,1$6(37,N;fc7O,(F,+*3,*$7+,C3HHB,;FCHE7($F,1$6(37,CDF,13,6(77$HJ36
'D%(6H&,E7(F),7$HE+($F7,$G,7+'$F),C*D$+'$%370,7EC*,D7,`,b,)EDF(6(F3,*&6'$C*H$'(63,$',E'3D0,(F,+*3
%'373FC3,$G,D,'36EC(F),D)3F+0,7EC*,D7,/BX,b,.!43'CD%+$3+*DF$H,$',X/,4b,6(+*($+*'(3+$H,N\(7*,3+
DHB0,"YZXOB,>*3,6(77$HJ36,%'$+3(F,(7,+*3F,DHH$I36,+$,'3G$H6,+$,(+7,FD+(J3,C$FG$'4D+($F,1&,'34$J(F)
+*3,C*D$+'$%(C,D)3F+7,+*'$E)*,6(DG(H+'D+($F,$',C*'$4D+$)'D%*&,DF6,6(HE+(F),+*3,7$HE+($F,6$IF,+$
+$+DH,%'$+3(F,C$FC3F+'D+($F,$G,./!X/,4)j9B,2(HE+($F,(7,F3C377D'&,G$',4(F(4(K(F),(F+3'4$H3CEHD'
(F+3'DC+($F70,I*(C*,$CCE',6E'(F),%'$6EC+,'3G$H6(F),DF6,CDF,H3D6,+$,%'$6EC+,(FDC+(JD+($FB,866(+($F
$G,74DHH,D4$EF+7,$G,'36EC36,)HE+D+*($F3,N.!X,4bO,DF6,$L(6(K36,)HE+D+*($F3,N"!.,4bO,DF6
(FCE1D+($F,D+,]X!_/,$#,G$',X!"/,*$E'7,C$4%H3+37,+*3,'3G$H6(F),%'$C377B,>*E70,I*3F,C*$$7(F),DF
E%7+'3D4,%'$C377,+*D+,G$'47,;fc7,C$F7(63'D+($F,4E7+,13,)(J3F,+$,+*3,HD')3,J$HE4370,DF6,*3FC3
HD')3,ID7+3,7+'3D470,+*D+,D'3,%'$6EC36B,b$'3,(FG$'4D+($F,$F,;f,7$HE1(H(KD+($F,DF6,%'$+3(F
'3G$H6(F),CDF,13,G$EF6,(F,+*3,(F7EH(F,3LD4%H3,+*D+,(7,%'373F+36,HD+3',(F,+*(7,C*D%+3'B

YY5=5> R",FE)1C%"W"&F0"#,)D0F+'(

>*3,G(FDH,%E'(G(CD+($F,7+3%7,D'3,63%3F63F+,$F,+*3,'3PE('36,G(FDH,%'$6EC+,%E'(+&B
5*D'4DC3E+(CDH,%'$6EC+7,'3PE('3,*()*,%E'(+&,I*(H3,(F6E7+'(DH,%'$6EC+7,'3PE('3,H$I3',%E'(+&B,\$'
%'$6EC+7,$G,'3HD+(J3H&,H$I,%E'(+&0,7EC*,D7,63+3')3F+,3FK&4370,+*3,G(FDH,%E'(G(CD+($F,7+3%,(7
63*&6'D+($F,$',4$'3,)3F3'DHH&,D,7$HJ3F+,'34$JDH,7+3%B,\$',*()*,%E'(+&,%'$6EC+70,+*3,G(FDH
%E'(G(CD+($F,7+D)37,E7EDHH&,(FJ$HJ3,D,C$41(FD+($F,$G,C*'$4D+$)'D%*(C,DF6,G(H+'D+($F,7+3%7
NfME'7+'$40,"YZXOB,;G,+*3,G(FDH,%'$6EC+,(7,'3PE('36,(F,7$H(6,G$'40,+*3F0,D,63*&6'D+($F,$',7$HJ3F+
'34$JDH,7+3%,G$HH$I7B

!"/!
!
<4%#/F0#+%F$4.,(7,+&%(CDHH&,6$F3,HD+3',(F,D,%'$C377,(F,D)'3343F+,I(+*,+*3,+*('6,)3F3'(C
*3E'(7+(C0,4DT3,+*3,4$7+,6(GG(CEH+,DF6,3L%3F7(J3,73%D'D+($F7,HD7+B,R(+*,+*3,%'3J($E7,73%D'D+($F
7+3%70,D,HD')3,G'DC+($F,$G,C$F+D4(FDF+7,(7,'34$J360,+*3'31&,'36EC(F),+*3,J$HE43,$G,4D+3'(DH,+*D+
F3367,+$,13,+'3D+36,GE'+*3'B,;F,GDC+0,D,X/!"//,G$H6,J$HE43+'(C,'36EC+($F,(7,PE(+3,C$44$F,G$',*()*!
JDHE3,1($H$)(CDH,%'$6EC+70,'37EH+(F),(F,D,%'$+3(F,C$F+3F+,$G,"!X^,IjJ,(F,+*3,G336,7+'3D4,+$
C*'$4D+$)'D%*(C,EF(+7B
:3C3F+,D6JDFC37,(F,3L%DF636,136,D67$'%+($F,N@f8O,C*'$4D+$)'D%*&,%'$4(73,+$,%$7(+($F
C*'$4D+$)'D%*(C,7+3%7,(F,+*3,%'(4D'&,'3C$J3'&,7+D)37,N#*DF),DF6,#*D730,"YY`OB,87,43F+($F36
3D'H(3',(F,+*(7,C*D%+3',N733,5'$6EC+,@L+'DC+($F,j,867$'%+($FO0,@f8,C*'$4D+$)'D%*&,EF(+7,CDF,13
E736,+$,CD%+E'30,C$FC3F+'D+30,DF6,%E'(G&,%'$6EC+,6('3C+H&,G'$4,G3'43F+D+($F,1'$+*,+*D+,C$F+D(F7
I*$H3,C3HH70,C3HH,631'(7,DF6,$+*3',%D'+(CEHD+3,C$4%$F3F+7B,#$F73PE3F+H&0,@f8,C*'$4D+$)'D%*&
*D7,+*3,%$+3F+(DH,+$,3H(4(FD+3,7$43,$G,+*3,+&%(CDH,%'(4D'&,'3C$J3'&,7+3%70,7EC*,D7,1($4D77,DF6,C3HH
631'(7,'34$JDH0,%'$6EC+,C$FC3F+'D+($F0,3+CB
8,73PE3FC3,$G,C*'$4D+$)'D%*(C,7+3%7,(7,E7EDHH&,'3PE('36,+$,DC*(3J3,+*3,637('36,G(FDH
%'$6EC+,%E'(+&0,DF6,+*3,G$E'+*,DF6,G(G+*,)3F3'(C,*3E'(7+(C7,D'3,)$$6,)E(637,G$',73H3C+(F),DF6
73PE3FC(F),7EC*,7+3%7,NR*33HI'()*+0,"YZeOB,\$',(F7+DFC30,DCC$'6(F),+$,+*3,G(G+*,*3E'(7+(C0,DF,($F
3LC*DF)3,7+3%,7*$EH6,F$+,13,G$HH$I36,1&,DF$+*3',7+3%,$G,+*3,7D43,+&%3B,;F7+3D60,(+,7*$EH6,13
G$HH$I36,1&,D,'3J3'73,%*D730,DGG(F(+&,$',DF&,$+*3',C*'$4D+$)'D%*&,7+3%,+*D+,+DT37,D6JDF+D)3,$G,D
6(GG3'3F+,73%D'D+($F,6'(J(F),G$'C3B
b341'DF3,G(H+'D+($F,7+3%7,D'3,C$44$FH&,34%H$&36,13+I33F,C*'$4D+$)'D%*(C,7+3%7,+$
3LC*DF)3,1EGG3'7,DF6,C$FC3F+'D+3,+*3,6(HE+3,%'$6EC+,7$HE+($F7B,?33,#*D%+3',`,G$',63+D(H36
(FG$'4D+($F,$F,C*'$4D+$)'D%*(C,73%D'D+($F,43+*$67,DF6,#*D%+3',],G$',+*3,(F+3'J3F(F),4341'DF3
G(H+'D+($F,7+3%7B,>*3,(F7EH(F,DF6,4$F$CH$FDH,DF+(1$6&,3LD4%H37,+*D+,D'3,%'373F+36,HD+3',(F,+*(7
C*D%+3',%'$J(63,D66(+($FDH,(FG$'4D+($F,$F,73H3C+($F,DF6,$%3'D+($F,$G,C*'$4D+$)'D%*(C,73%D'D+($F
EF(+7B
*'4.2%F0"#,)#%)D#EB',0)\'/#BFE,(7,DC*(3J36,I(+*,6'&3'7B,?%'D&0,GHE(6,1360,DF6,+'D&
6'&3'7,D'3,E736,I*3F,%'$6EC+7,CDF,I(+*7+DF6,+34%3'D+E'37,$G,X/!"//,$#B,\'33K3,6'&3'7,D'3,E736
G$',%'$6EC+7,+*D+,63)'D63,D+,*()*,+34%3'D+E'37B,\'33K3,6'&3'7,'3PE('3,*()*,CD%(+DH,3L%3F6(+E'37
DF6,7*$EH6,13,DJ$(636,(G,%$77(1H3B,?33,#*D%+3',Y,G$',63+D(H36,(FG$'4D+($F,$F,%'$6EC+,6'&(F)B

YY5> 1\Z<9DD)A7A:_D6D

>*3,GH$I7*33+7,%E+,+$)3+*3',6E'(F),%'$C377,7&F+*37(7,4E7+,13,DFDH&K36,DF6,C$4%D'36,$F,+*3,1D7(7
$G,CD%(+DH,(FJ37+43F+0,4DFEGDC+E'(F),C$7+0,3FJ('$F43F+DH,(4%DC+0,DF6,$+*3',C'(+3'(D,(F,$'63',+$
63C(63,I*(C*,(63D7,+$,C$F7(63',GE'+*3'B,b3+*$6$H$)(37,G$',37+(4D+(F),CD%(+DH,(FJ37+43F+,DF6
4DFEGDC+E'(F),C$7+,D'3,%'373F+36,(F,+*3,F3L+,73C+($F,$G,+*(7,C*D%+3'B,>*3,37+(4D+($F,$G,1$+*,(7
1D736,$F,+*3,'37EH+7,$G,4D+3'(DH,DF6,3F3')&,1DHDFC37,DF6,3PE(%43F+,7(K(F)B,8H+*$E)*,+*373,1D7(C
C*34(CDH,3F)(F33'(F),CDHCEHD+($F7,CDF,13,6$F3,$F,%D%3'0,(+,(7,*()*H&,637('D1H3,+$,E73,4$'3

!""!
!
7$%*(7+(CD+36,C$4%E+3',D(670,7EC*,D7,7%'3D67*33+7,$',%'$C377,7(4EHD+$'7B,h73,$G,C$4%E+3',+$$H7
DHH$I7,+*3,%'$C377,637()F,+3D4,+$,PE(CTH&,DF6,DCCE'D+3H&,'36$,+*3,3F+('3,73'(37,$G,CDHCEHD+($F7,G$'
D,6(GG3'3F+,73+,$G,D77E4%+($F7,DF6,$+*3',(F%E+,6D+DB

YY5>5Y D$%'F2(4''0(

,,?%'3D67*33+,D%%H(CD+($F70,7EC*,D7,b(C'$7$G+,@LC3H0,9$+E7,"!.!]0,DF6,#$'3H,mED++'$,5'$
*DJ3,13C$43,D7,3D7&,+$,E73,D7,I$'6,%'$C377$'7,DF6,)'D%*(C7,%DCTD)37B,;F,(+7,7(4%H37+,G$'40,D
7%'3D67*33+,(7,DF,3H3C+'$F(C,%(3C3,$G,%D%3',I(+*,34%+&,1$L370,TF$IF,D7,C3HH7B,>*3,E73',CDF,3F+3'
6D+D,(F,+*$73,C3HH70,%3'G$'4,CDHCEHD+($F70,DF6,)3F3'D+3,'37EH+7B,:37EH+7,G'$4,7%'3D67*33+7,CDF,13
3D7(H&,%H$++36,(F,D,JD'(3+&,$G,)'D%*7B

YY5>5= 1%#&'(()D"/CEF0#%(

,,5'$C377,7(4EHD+$'7,D'3,7$G+ID'3,+$$H7,+*D+,3FD1H3,+*3,E73',+$,'3D6(H&,'3%'373F+,DF6,DFDH&K3
(F+3)'D+36,%'$C37737B,>*3&,*DJ3,133F,(F,E73,(F,+*3,%3+'$C*34(CDH,(F6E7+'(37,7(FC3,+*3,3D'H&
"Y`/c7B,@7+D1H(7*36,7(4EHD+$'7,G$',+*3,%3+'$C*34(CDH,(F6E7+'(37,(FCHE63Q,87%3F,5HE7,NG'$4,87%3F
>3C*F$H$)&0,;FCBO0,#*34#82,NG'$4,#*347+D+($F70,;FCBO0,=n?n?,NG'$4,=&%'$+3C*0,9+6Bj8@8
@F)(F33'(F),?$G+ID'3O0,DF6,5:aj;;,NG'$4,?(4EHD+($F,?C(3FC370,;FCBOB
23J3H$%43F+,$G,7(4EHD+$'7,7%3C(G(C,+$,1($C*34(CDH,%'$C37737,13)DF,(F,+*3,4(6,"YZ/c7B
f($5'$C377,?(4EHD+$',Nf5?O,NG'$4,87%3F,>3C*F$H$)&0,;FCBO,ID7,+*3,G('7+,+$$H,$G,+*(7,+&%3B,\$',D
)(J3F,GH$I7*33+0,f5?,E736,+$,CD''&,$E+,4D+3'(DH,DF6,3F3')&,1DHDFC370,37+(4D+3,+*3,7(K3,DF6,C$7+,$G
3PE(%43F+0,DF6,%3'G$'4,3C$F$4(C,3JDHED+($FB,f5?,*D7,*D6,H(4(+36,C$443'C(DH,7ECC377,13CDE73,(+
ID7,637()F36,D7,DF,3L+3F7($F,$G,87%3F,5HE70,DF,(F*3'3F+H&,7+3D6&!7+D+3,7(4EHD+$'0,DF6,C$EH6,F$+
7D+(7GDC+$'(H&,'3%'373F+,1D+C*,1($C*34(CDH,%'$C377370,I*(C*,F$'4DHH&,$%3'D+3,(F,1D+C*,4$63B
f($5'$,237()F3'0,+*3,73C$F6,%'$6EC+,$G,+*(7,CD+3)$'&0,ID7,(F(+(DHH&,63J3H$%36,D+,+*3
f($+3C*F$H$)&,5'$C377,@F)(F33'(F),#3F+3',Nf5@#O,$G,b;>B,R(+*,D,H(C3F73,+$,+*(7,+3C*F$H$)&0
;F+3HH()3F0,;FCB,N?C$+C*,5HD(F70,goO,C$4%H3+36,+*3,63J3H$%43F+,$G,f($5'$,237()F3',DF6
C$443'C(DH(K36,(+0,G('7+,G$',+*3,8%%H3,bDC(F+$7*,DF6,HD+3',G$',b?,R(F6$I7B,?E%3'5'$,237()F3'0
DF,3L+3F7($F,$G,f($5'$0,ID7,C'3D+36,+$,D66'377,$+*3','3HD+36,(F6E7+'(37,N3B)B0,7&F+*3+(C
%*D'4DC3E+(CDH70,D)'$C*34(CDH70,G$$6,%'$C377370,3+CBO,D7,I3HH,D7,ID+3',%E'(G(CD+($F,DF6,3F6!$G!
%(%3,+'3D+43F+,%'$C37737B,?E%3'5'$,*DF6H37,4D+3'(DH,DF6,3F3')&,1DHDFC370,3PE(%43F+,7(K(F)
DF6,C$7+(F)0,3C$F$4(C,3JDHED+($F0,3FJ('$F43F+DH,(4%DC+,D7737743F+0,%'$C377,7C*36EH(F)0
DF6,631$++H3F3CT(F),$G,1D+C*,DF6,C$F+(FE$E7,%'$C37737B
f($+3C*F$H$)&,237()F,?(4EHD+$',Nf2?O0,+*3,+*('6,+$$H,$G,+*(7,GD4(H&0,ID7,63J3H$%36,1&
9(G3,?C(3FC37,;F+3'FD+($FDH,N5*(HD63H%*(D0,58OB,f2?,'EF7,$F,+$%,$G,<3F7&4c7,<.,7&7+34,DF6
G$CE737,$F,7C*36EH(F),$G,1D+C*,$%3'D+($F7,DF6,'37$E'C3,E+(H(KD+($F,D7,D,GEFC+($F,$G,+(43B
f8>#=@?,G'$4,fD+C*,5'$C377,>3C*F$H$)(37,NR37+,9DGD&3++30,;gO,(7,D,1D+C*,%'$C377
7(4EHD+$',+*D+,*D7,G$EF6,D%%H(CD+($F7,(F,%*D'4DC3E+(CDH70,1($C*34(CDH70,DF6,G$$6,%'$C377(F)B,;+,(7
37%3C(DHH&,E73GEH,G$',G(++(F),D,F3I,%'$C377,(F+$,DF,3L(7+(F),GDC(H(+&,DF6,DFDH&K(F),'37$E'C3,634DF6
D7,D,GEFC+($F,$G,+(43B,b$'3,'3C3F+H&0,87%3F,>3C*F$H$)&,DF6,=&%'$+3C*,*DJ3,(F+'$6EC36,fD+C*

!".!
!
5HE7,DF6,f2k0,'37%3C+(J3H&B,f$+*,4D(FH&,+D')3+,7&F+*3+(C,%*D'4DC3E+(CDH,DF6,7%3C(DH+&,C*34(CDH
%'$C377370,1E+,(+,(7,3L%3C+36,+*D+,GE+E'3,J3'7($F7,$G,+*373,+$$H7,I(HH,13,D1H3,+$,*DF6H3,1($C*34(CDH
%'$C37737,D7,I3HHB
b(F(4E4,'3PE('343F+7,G$',D,1($C*34(CDH,%'$C377,7(4EHD+$',D'3,+*3,D1(H(+&,+$,*DF6H3,1D+C*
D7,I3HH,D7,C$F+(FE$E7,%'$C37737,DF6,+*3,D1(H(+&,+$,4$63H,+*3,EF(+,$%3'D+($F7,+*D+,D'3,7%3C(G(C,+$
1($%'$C377(F)B,2E3,+$,(+7,D1(H(+&,+$,7D+(7G&,+*373,'3PE('343F+70,?E%3'5'$,237()F3',NG'$4
;F+3HH()3F0,;FCBO,I(HH,13,E736,+$,(HHE7+'D+3,+*3,'$H3,$G,7EC*,+$$H7,(F,1($%'$C377,637()FB,8,GEFC+($FDH
634$F7+'D+($F,J3'7($F,$G,?E%3'5'$,237()F3',DF6,D66(+($FDH,(FG$'4D+($F,$F,1($%'$C377,7(4EHD+($F
CDF,13,$1+D(F36,D+,*++%QjjIIIB(F+3HH()3FBC$4B
>$,4$63H,DF,(F+3)'D+36,%'$C377,$F,+*3,C$4%E+3',E7(F),D,7(4EHD+$'0,&$E,4E7+,7+D'+,1&
63J3H$%(F),D,GH$I7*33+,+*D+,'3%'373F+7,+*3,$J3'DHH,%'$C377B,\()E'3,""!]0,G$',(F7+DFC30,6(7%HD&7,+*3
GH$I7*33+,$G,D,*&%$+*3+(CDH,%'$C377,$F,+*3,4D(F,I(F6$I,$G,?E%3'5'$,237()F3'B,>*3,GH$I7*33+,(7
63J3H$%36,1&,%E++(F),+$)3+*3',+*3,'3PE('36,EF(+,$%3'D+($F7,NI*(C*,I(HH,7$43+(437,13,'3G3''36,+$
D7,UEF(+,%'$C36E'37V0,D7,I(HH,13,3L%HD(F36,HD+3',(F,+*(7,73C+($FO,DF6,M$(F(F),+*34,I(+*,4D+3'(DH
GH$I,7+'3D47B,g3L+0,+*3,E73',(F(+(DH(K37,+*3,GH$I7*33+,1&,'3)(7+3'(F),N73H3C+(F),G'$4,+*3,C$4%$F3F+
6D+D1D73O,+*3,JD'($E7,4D+3'(DH7,+*D+,D'3,E736,(F,+*3,%'$C377,DF6,7%3C(G&(F),$%3'D+(F),C$F6(+($F7
DF6,%3'G$'4DFC3,%D'D43+3'7,G$',+*3,JD'($E7,$%3'D+($F7B
b$7+,1($C*34(CDH,%'$C37737,$%3'D+3,(F,1D+C*,$',734(!C$F+(FE$E7,4$63B,>*(7,(7,(F,C$F+'D7+
+$,C$F+(FE$E7,$%3'D+($F0,I*(C*,(7,+&%(CDH,(F,+*3,%3+'$C*34(CDH,DF6,$+*3',(F6E7+'(37,+*D+,*DF6H3
HD')3,+*'$E)*%E+7B,;F,C$F+(FE$E7,$%3'D+($F70,D,%(3C3,$G,3PE(%43F+,%3'G$'47,+*3,7D43,DC+($F,DHH
+*3,+(43,NI*(C*,(7,C$F7(7+3F+,I(+*,+*3,F$+($F,$G,EF(+,$%3'D+($F7OB,;F,1D+C*,%'$C377(F)0,$F,+*3,$+*3'
*DF60,D,%(3C3,$G,3PE(%43F+,)$37,+*'$E)*,D,C&CH3,$G,$%3'D+($F7B,\$',(F7+DFC30,D,+&%(CDH
C*'$4D+$)'D%*&,C&CH3,(FCHE637,%A/,.,2"-*,#)0,.#-5,):0,B-&+,):0,%./*,#)0,DF6,"%:%)%"-*,#)B,;F
?E%3'5'$,237()F3',J_B/0,+*3,73+,$G,$%3'D+($F7,+*D+,C$4%'(73,D,%'$C377(F),7+3%,(7,CDHH36,D,UEF(+
%'$C36E'3V,ND7,$%%$736,+$,D,UEF(+,$%3'D+($FVOB,@DC*,EF(+,%'$C36E'3,C$F+D(F7,(F6(J(6EDH,+D7T7,N3B)B0
3PE(H(1'D+($F0,H$D6(F)0,3+CBO,CDHH36,$%3'D+($F7B,8,EF(+,%'$C36E'3,(7,'3%'373F+36,$F,+*3,7C'33F,I(+*,D
7(F)H3,3PE(%43F+,(C$F,NG$',3LD4%H30,#!"/",(F,\()E'3,""!],'3%'373F+7,+*3,($F,3LC*DF)3
C*'$4D+$)'D%*&,%'$C36E'3OB,;F,3773FC30,D,EF(+,%'$C36E'3,(7,+*3,'3C(%3,$G,D,%'$C377(F),7+3%,+*D+
637C'(137,+*3,73PE3FC3,$G,DC+($F7,'3PE('36,+$,C$4%H3+3,+*D+,7+3%B,\()E'3,""!_,6(7%HD&7,+*3,6(DH$)
+*'$E)*,I*(C*,+*3,'3C(%3,$G,D,C*'$4D+$)'D%*&,EF(+,%'$C36E'3,(7,7%3C(G(36B,aF,+*3,H3G+!*DF6,7(63
$G,+*D+,6(DH$)0,+*3,%'$)'D4,6(7%HD&7,+*3,$%3'D+($F7,+*D+,D'3,DJD(HD1H3,(F,D,C*'$4D+$)'D%*&
%'$C36E'3[,$F,+*3,'()*+!*DF6,7(630,(+,6(7%HD&7,+*3,'3)(7+3'36,$%3'D+($F7B,>*3,7()F(G(CDFC3,$G,+*3
EF(+,%'$C36E'3,(7,+*D+,(+,3FD1H37,+*3,E73',+$,637C'(13,DF6,4$63H,+*3,JD'($E7,DC+(J(+(37,$G,1D+C*
%'$C377(F),7+3%7,(F,63+D(HB,9D+3',(F,+*(7,C*D%+3',N(F,+*3,3LD4%H37,73C+($FO,I3,I(HH,733,*$I,+*3
3L3CE+($F,$G,+*373,DC+(J(+(37,CDF,13,J(7EDH(K36,D7,D,GEFC+($F,$G,+(43B
\$',3J3'&,$%3'D+($F,I(+*(F,D,EF(+,%'$C36E'30,?E%3'5'$,(FCHE637,D,4D+*34D+(CDH,4$63H
+*D+,%3'G$'47,4D+3'(DH,DF6,3F3')&,1DHDFC3,CDHCEHD+($F7B,fD736,$F,+*3,4D+3'(DH,1DHDFC370,?E%3'5'$
%3'G$'47,3PE(%43F+!7(K(F),CDHCEHD+($F7,7(4(HD',+$,7$43,$G,+*3,*$43I$'T,%'$1H347,(F,+*3,1$$TB
;G,4EH+(%H3,$%3'D+($F7,I(+*(F,D,EF(+,%'$C36E'3,6(C+D+3,6(GG3'3F+,7(K37,G$',D,C3'+D(F,%(3C3,$G
3PE(%43F+0,+*3,7$G+ID'3,'3C$FC(H37,+*3,6(GG3'3F+,634DF67,DF6,73H3C+7,DF,3PE(%43F+,7(K3,+*D+,(7

!"]!
!
D%%'$%'(D+3,G$',DHH,$%3'D+($F7B,;F,$+*3',I$'670,+*3,3PE(%43F+,(7,7(K36,7$,+*D+,(+,(7,HD')3,3F$E)*,+*D+
(+,I(HH,F$+,13,$J3'G(HH36,6E'(F),DF&,$%3'D+($F0,1E+,(+,(7,F$,HD')3',+*DF,F3C377D'&,N(F,$'63',+$
4(F(4(K3,CD%(+DH,C$7+7OB,,;F,D66(+($F0,+*3,7$G+ID'3,C*3CT7,+$,3F7E'3,+*D+,+*3,J3773H,C$F+3F+7,I(HH
F$+,GDHH,13H$I,D,E73'!7%3C(G(36,4(F(4E4,J$HE43,N3B)B0,D,4(F(4E4,7+(',J$HE43O,G$',D%%H(CD1H3
$%3'D+($F7B

R"+C%')YYQ>,,8,GH$I7*33+,$F,+*3,4D(F,I(F6$I,$G,?E%3'5'$,237()F3'B

f3G$'3,DF&,7(4EHD+($F,CDHCEHD+($F7,CDF,13,6$F30,+*3,E73',4E7+,(F(+(DH(K3,+*3,JD'($E7
$%3'D+($F7,1&,7%3C(G&(F),$%3'D+(F),C$F6(+($F7,DF6,%3'G$'4DFC3,%D'D43+3'7,+*'$E)*,D%%'$%'(D+3
6(DH$),I(F6$I7B,\$',(F7+DFC30,\()E'3,""!X,6(7%HD&7,+*3,(F(+(DH(KD+($F,6(DH$),$G,D,C*'$4D+$)'D%*&
3HE+($F,$%3'D+($FB,>*'$E)*,+*(7,6(DH$)0,+*3,E73',7%3C(G(37,+*3,3HE+($F,7+'D+3)&,N(7$C'D+(C,$'
)'D6(3F+O0,73H3C+7,+*3,1EGG3',7+'3D47,N+I$,6(GG3'3F+,7$HE+($F7,D'3,'3PE('36,G$',)'D6(3F+,3HE+($FO0
(63F+(G(37,+*3,C$4%$F3F+,N?$6(E4,#*H$'(63,(F,+*(7,CD73O,I*$73,C$FC3F+'D+($F,JD'(37,6E'(F)

!"_!
!
3HE+($F0,7%3C(G(37,(+7,(F(+(DH,DF6,G(FDH,C$FC3F+'D+($F0,3+CB,>*'$E)*,+*3,9D1$'0,3+CB,+D1,$G,+*3,7D43
6(DH$),I(F6$I0,+*3,E73',%'$J(637,(FG$'4D+($F,D1$E+,HD1$','3PE('343F+,6E'(F),+*(7,$%3'D+($FB
>*'$E)*,+*3,?C*36EH(F),+D1,$F3,7%3C(G(37,+*3,7+D'+,+(43,$G,+*(7,$%3'D+($F,'3HD+(J3,+$,+*3,7+D'+,$'
3F6,+(43,$G,DF$+*3',$%3'D+($F,(F,+*3,7D43,%'$C36E'30,$','3HD+(J3,+$,DF,$%3'D+($F,(F,DF$+*3'
%'$C36E'3B,8G+3',(F(+(DH(KD+($F,$G,+*3,$%3'D+($F70,+*3,7(4EHD+$',%3'G$'47,4D+3'(DH,DF6,3F3')&
1DHDFC37,G$',+*3,3F+('3,%'$C377,DF6,37+(4D+37,+*3,'3PE('36,7(K37,$G,3PE(%43F+B,a%+($FDHH&0,+*3
7(4EHD+$',4D&,13,E736,+$,CD''&,$E+,C$7+,DFDH&7(7,DF6,3C$F$4(C,3JDHED+($F,CDHCEHD+($F7B,>*3
GEF6D43F+DH7,$G,%'$C377,3C$F$4(C7,D'3,637C'(136,(F,+*3,F3L+,73C+($F,DF6,%3'+(F3F+,3LD4%H37,D'3
%'$J(636,HD+3',(F,+*(7,C*D%+3'B

R"+C%')YYQP,,R(F6$I,G$',D66(F),$%3'D+($F7,+$,D,EF(+,%'$C36E'3,E7(F),?E%3'5'$,237()F3'B

a+*3',+D7T7,+*D+,CDF,13,*DF6H36,1&,%'$C377,7(4EHD+$'7,(FCHE63,%'$C377,7C*36EH(F)0
3FJ('$F43F+DH,(4%DC+,D7737743F+0,631$++H3F3CT(F)0,DF6,+*'$E)*%E+,DFDH&7(7B,;77E37,$G,%'$C377
7C*36EH(F),DF6,3FJ('$F43F+DH,(4%DC+,D7737743F+,I(HH,13,D66'37736,(F,+*3,3LD4%H37,73C+($FB,;F
+*'$E)*%E+,DFDH&7(7,DF6,631$++H3F3CT(F)0,+*3,3F)(F33',DFDH&K37,+*3,CD%DC(+&,DF6,+(43,E+(H(KD+($F
$G,3PE(%43F+,DF6,'37$E'C37,N3B)B0,E+(H(+(370,HD1$'0,'DI,4D+3'(DH7O,DF6,+'(37,+$,(63F+(G&,$%%$'+EF(+(37
G$',(FC'3D7(F),+*'$E)*%E+,I(+*,+*3,4(F(4E4,%$77(1H3,CD%(+DH,(FJ37+43F+B,866(+($FDH,(FG$'4D+($F
$F,+*(7,7E1M3C+,CDF,13,G$EF6,D+,*++%QjjIIIB(F+3HH()3FBC$4B

!"X!
!
R"+C%')YYQO,,2(DH$),I(F6$I,$G,+*3,3HE+($F,$%3'D+($FB

=DJ(F),63J3H$%36,D,)$$6,4$63H,E7(F),D,%'$C377,7(4EHD+$',$',D,7%'3D67*33+0,+*3,E73',4D&
13)(F,3L%3'(43F+(F),$F,+*3,C$4%E+3',I(+*,DH+3'FD+(J3'%'$C377,73+E%7,DF6,$%3'D+(F),C$F6(+($F7B
>*(7,*D7,+*3,%$+3F+(DH,$G,'36EC(F),+*3,C$7+H&,DF6,+(43!C$F7E4(F),HD1$'D+$'&,DF6,%(H$+,%HDF+,3GG$'+B
5H3D73,13,DID'30,*$I3J3'0,+*D+,+*3,<;<a,N)D'1D)3!(F0,)D'1D)3!$E+O,%'(FC(%H3,D%%H(37,+$,DHH
C$4%E+3',4$63H7B,b$'3,7%3C(G(CDHH&0,(G,7$43,$G,&$E',D77E4%+($F7,DF6,(F%E+,6D+D,D'3,(FC$''3C+0,7$
I(HH,13,+*3,$E+C$43,$G,+*3,7(4EHD+($FB,#$F73PE3F+H&0,D,C3'+D(F,JDH(6D+($F,$G,+*3,4$63H,(7
F3C377D'&B,;F,(+7,7(4%H37+,G$'40,D,'3J(3I,$G,+*3,'37EH+7,1&,DF,3L%3'(3FC36,3F)(F33',CDF,%HD&,+*3
'$H3,$G,JDH(6D+($FB

YY5P 1\Z<9DD)9<Z7Z@6<D
>*3,%'3H(4(FD'&,3C$F$4(C,3JDHED+($F,$G,D,%'$M3C+,G$',4DFEGDC+E'(F),D,1($H$)(CDH,%'$6EC+,E7EDHH&
(FJ$HJ37,+*3,37+(4D+($F,$G,CD%(+DH,(FJ37+43F+0,37+(4D+($F,$G,$%3'D+(F),C$7+70,DF6,DFDH&7(7,$G
%'$G(+D1(H(+&B,\$',1($%*D'4DC3E+(CDH70,DF$+*3',G()E'3,I$'+*,C$F7(63'(F),(7,+*3,DJ3'D)3,C$7+,$G,F3I
6'E),63J3H$%43F+0,I*(C*,(7,(F,+*3,'DF)3,$G,W.//,+$,WX//,4(HH($FB,>*(7,FE413',(7,7$,*()*,13CDE73
(+,DH7$,(FCHE637,'373D'C*,DF6,63J3H$%43F+,N:p2O,7%3F6(F),G$',DHH,EF7ECC377GEH,%'$6EC+7B,;F,$+*3'
I$'670,+*3,DC+EDH,DJ3'D)3,63J3H$%43F+,C$7+,%3',7ECC377GEH,6'E),4D&,13,W./,+$,WX/,4(HH($F0,1E+

!"`!
!
13CDE73,4$'3,+*DF,Y/^,$G,F3I,%'$M3C+7,F3J3','3DC*,C$443'C(DH(KD+($F0,+*3,DJ3'D)3,$J3'DHH,:p2
C$7+,7T&'$CT3+7,+$,+*3,D1$J3,G()E'37B,>*(7,'3(FG$'C37,+*3,F336,G$',3GG3C+(J3,%'$C377,637()F,+$$H7
DF6,43+*$6$H$)(37,+*D+,D77(7+,3F)(F33'7,DF6,7C(3F+(7+7,+$,3GG(C(3F+H&,3JDHED+3,DF6,3H(4(FD+3,F$F!
%'$4(7(F),%'$M3C+,(63D7,D+,+*3,J3'&,3D'H&,7+D)37,$G,%'$6EC+,DF6,%'$C377,63J3H$%43F+B

YY5P5Y! <F$"0FE)<#(0)9(0"/F0"#,

>*3,CD%(+DH,(FJ37+43F+,G$',D,F3I,%HDF+,(FCHE637,+*'33,4D(F,(+347Q,"O,6('3C+,G(L36,CD%(+DH
N2\#O0,.O,I$'T(F),CD%(+DH0,DF6,]O,7+D'+E%,DF6,JDH(6D+($F,C$7+B,>*3,2\#,G$',74DHH,1($+3C*F$H$)&
GDC(H(+(37,(7,E7EDHH&,(F,+*3,'DF)3,$G,W]/,+$,`/,4(HH($F0,I*3'3D7,G$',HD')3,GDC(H(+(37,(+,(7,(F,+*3,'DF)3
$G,W"//,+$,.X/,4(HH($FB,\$',%'3H(4(FD'&,637()F,%E'%$7370,+*3,JD'($E7,(+347,$G,2\#,D'3,37+(4D+36
1D736,$F,+*3,+$+DH,3PE(%43F+,%E'C*D73,C$7+,N5#O,E7(F),73J3'DH,4EH+(%H(3'7B,>D1H3,""!.,%'$J(637
'DF)37,DF6,DJ3'D)3,JDHE37,G$',+*3,4EH+(%H(3'7,DF6,D,7T3H3+$F,G$',+*3,CDHCEHD+($F7B,23+D(H36
63G(F(+($F7,$G,+*3,JD'($E7,C$7+,(+347,DF6,D66(+($FDH,(FG$'4D+($F,CDF,13,G$EF6,(F,+'D6(+($FDH,%'$C377
637()F,+3L+1$$T7,DF6,+*3,+3C*F(CDH,H(+3'D+E'3,N53+3'7,DF6,>(443'*DE70,"YY"[,hH'(C*0,"YZ_[,ADHH3!
:(37+'D0,"YZ][,<D''3++0,"YZY[,?3(63',3+,DHB0,"YYY[,2$E)HD70,"YZZOB

8F-E')YYQ=,,\(L36,#D%(+DH,#$7+,@7+(4D+($FB
<ZD8)689@ AB'%F+' \F,+'
@CE0"$E"'% #W)BFEC'(
>a>89,598g>,2;:@#>,#a?>,N>52#O

"B,@PE(%43F+,5E'C*D73,#$7+,N5#O
.B,;F7+DHHD+($F /BX/,L,5# /B.,d,"BX
]B,5'$C377,5(%(F) /B_/,L,5# /B],d,/B`
_B,;F7+'E43F+D+($F /B]X,L,5# /B.,d,/B`
XB,;F7EHD+($F /B/],L,5# /B/",d,/B/X
`B,@H3C+'(CDH /B"X,L,5# /B",d,/B.
eB,fE(H6(F)7 /B_X,L,5# /B",d,.B/
ZB,nD'6,;4%'$J343F+ /B"X,L,5# /B/X,d,/B.
YB,8EL(H(D'&,\DC(H(+(37 /BX/,L,5# /B.,d,"B/
>a>89,598g>,;g2;:@#>,#a?>,N,>5;#O

"/B,@F)(F33'(F) /B.X,L,>52# /B.,d,/B]


""B,#$F7+'EC+($F /B]X,L,>52# /B],d,/B_
>a>89,598g>,#a?>,N>5#O >52#,q,>5;#

".B,#$F+'DC+$'c7,G33 /B/X,L,>5# /B/],d,/B/Z


"]B,#$F+(F)3FC& /B"/,L,>5# /B/e,d,/B"X
2;:@#>,\;l@2,#85;>89,N2\#O >5#,q,".,q,"]

!"e!
!
g$+(C3,+*3,I(63,'DF)3,$G,4EH+(%H(3',JDHE37,G$',37+(4D+(F),+*3,C$7+,$G,1E(H6(F)7B,5HDF+7,G$'
C$44$6(+&,1($C*34(CDH70,7EC*,D7,3+*DF$H,DF6,C(+'(C,DC(60,GDHH,$F,+*3,H$I,3F6,$G,+*3,'DF)30
I*3'3D7,74DHH,1($+3C*,GDC(H(+(37,+*D+,4DFEGDC+E'3,74DHH,D4$EF+7,$G,*()*!JDHE3,%'$6EC+7,GDHH,$F,+*3
*()*,3F6B,>*3,DJ3'D)3,JDHE3,$G,/B_X,C$''37%$F67,+$,'3HD+(J3H&,HD')3,%HDF+7,+*D+,%'$6EC3,436(E4,+$
*()*,JDHE3,%'$6EC+7B,>*3,(F7EH(F,4DFEGDC+E'(F),GDC(H(+&,+*D+,(7,DFDH&K36,HD+3',(F,+*(7,C*D%+3',GDHH7
EF63',+*(7,CD+3)$'&B,\$',4$'3,DCCE'D+3,37+(4D+($F,$G,1E(H6(F),C$7+70,(+,(7,F3C377D'&,+$,37+(4D+3,+*3
%'$C377,D'3D,'3PE('36,1D736,$F,+*3,G$$+%'(F+,$G,+*3,3PE(%43F+,DF6,+*3,7%DC3,'3PE('36,D'$EF6,+*3
3PE(%43F+,G$',7DG3,DF6,3GG(C(3F+,$%3'D+($F,DF6,4D(F+3FDFC3B,>*3F0,+*3,1E(H6(F),C$7+,(7,37+(4D+36
1&,4EH+(%H&(F),+*3,D'3D,$G,+*3,JD'($E7,73C+($F7,N3B)B0,%'$C3770,HD1$'D+$'&0,$GG(C30,3+CBO,$G,D,%HDF+,1&
DF,D%%'$%'(D+3,EF(+,C$7+,%'$J(636,(F,>D1H3,""!],N\'$*H(C*0,"YYYOB,>*(7,+D1H3,DH7$,%'$J(637
(FG$'4D+($F,$F,D(',C('CEHD+($F,'D+37,G$',+*3,JD'($E7,%'$C377,D'3D70,I*(C*,63+3'4(F3,+*3,7(K(F),DF6
%$I3','3PE('343F+7,$G,*3D+(F)0,J3F+(HD+($F0,DF6,D(',C$F6(+($F(F),N=A8#O,7&7+347B

8F-E')YYQ>,,fE(H6(F),#$7+,@7+(4D+($FB
D1A<9)R]7<86Z7 ],"0)<#(0 A"%)<"%&CEF0"#,)\F0'(
^U/= KB#EC/')&4F,+'()$'%)4#C%N
5:a#@??,8:@8?r

#HD77,"//0/// .0///,d,.0X// ./
#HD77,"/0/// .0X//,d,]0X// ]X,!,X/
#HD77,"0/// _0X//,d,`0/// "//
#HD77,"// `0///,d,Z0/// .//,!,`//
b@#=8g;#89,:aab,Nh+(H(+(37O ]//,d,`//
98fa:8>a:n "///,d,.///
a\\;#@ X//,d,`//
9-*'/$P"5(-.$&(/8L"M%/NL"Q,0&:,3L".,88,/:*8$&&8N

!"A:$"/0,88"%*3R$'"'$)$'8"&-"&:$"3,F(3*3"%*3R$'"-)"G,'&(/0$8"SNT"µ3"-'"0,'+$'"G$'"/*R(/")--&N

:3G3''(F),1DCT,+$,>D1H3,""!.0,F$+(C3,+*3,I(63,'DF)3,(F,+*3,3PE(%43F+,(F7+DHHD+($F,C$7+
4EH+(%H(3'7B,\$',*()*3',DCCE'DC&0,$F3,7*$EH6,E73,4EH+(%H(3'7,+*D+,D'3,7%3C(G(C,+$,(F6(J(6EDH
3PE(%43F+,(+347B,;F,)3F3'DH0,3PE(%43F+,63H(J3'36,4$EF+36,$F,7T(67,*D7,D,H$I3',(F7+DHHD+($F,C$7+B
\$',%'3H(4(FD'&,C$7+,37+(4D+370,>D1H3,""!.,CH3D'H&,7*$I7,+*D+,+*3,G(L36,CD%(+DH,(FJ37+43F+
$G,D,%HDF+,(7,D,4EH+(%H3,NE7EDHH&,X,+$,Z,+(437O,$G,(+7,3PE(%43F+,%E'C*D73,C$7+B,>*3,3PE(%43F+
%E'C*D73,C$7+,CDF,13,37+(4D+36,G'$4,J3F6$',PE$+D+($F70,%E1H(7*36,6D+D0,C$4%DF&,6D+D,C$4%(H36
G'$4,%'3J($E7,%'$M3C+70,DF6,1&,E7(F),%'$C377,7(4EHD+$'7,DF6,$+*3',C$4%E+3',D(67B,A3F6$'
PE$+D+($F7,D'3,+(43!C$F7E4(F),+$,$1+D(F,DF6,D'3,+*3'3G$'3,E7EDHH&,DJ$(636,G$',%'3H(4(FD'&,C$7+
37+(4D+37B,;F7+3D60,3F)(F33'7,+3F6,+$,'3H&,$F,+*3,$+*3',+*'33,7$E'C37B,\()E'37,""!`,+$,""!Y,%'$J(63
H(+3'D+E'3,6D+D,N(F,H$)D'(+*4(C,G$'4D+O,G$',6(7T!7+DCT,C3F+'(GE)370,*()*!%'377E'3,*$4$)3F(K3'70
4341'DF3,G(H+3'70,DF6,C*'$4D+$)'D%*&,C$HE4F7B,>*3,6D+D,'3%'373F+,DJ3'D)3,JDHE37,G'$4,73J3'DH
J3F6$'7B

!"Z!
!
aG+3F+(4370,C$7+,6D+D,G$',$F3,$',+I$,6(7C'3+3,3PE(%43F+,7(K37,(7,DJD(HD1H30,1E+,+*3,C$7+,G$'
D,6(GG3'3F+,7(K3,%(3C3,$G,3PE(%43F+,4E7+,13,37+(4D+36B,;F,7EC*,CD7370,+*3,&$-.,):'.-B,N3L%'37736
1&,+*3,3PED+($F,13H$IO,CDF,13,E736Q
D
 ?(K3 . 
#$7+ . = #$7+ "  
 ?(K3" 
>*3,4D+*34D+(CDH,G$'4,$G,+*3,7CDH(F),HDI,3L%HD(F7,I*&,C$7+,J3'7E7,7(K3,6D+D,)'D%*36,$F
H$)D'(+*4(C,C$$'6(FD+37,+3F6,+$,GDHH,$F,D,7+'D()*+,H(F3B,>*3,JDHE3,$G,+*3,3L%$F3F+,NDO,(F,+*3
3PED+($F,D1$J3,'DF)37,13+I33F,/BX,DF6,"B/,I(+*,DF,DJ3'D)3,JDHE3,G$',J3773H7,$G,D'$EF6,/B`,N+*(7
3L%HD(F7,I*&,+*3,7CDH(F),HDI,(7,DH7$,TF$IF,D7,+*3,U/B`,'EH3V0,I*(C*,(7,ME7+,EF63',.j]0,+*3,'D+($,$G
7E'GDC3,+$,J$HE43,G$',J3773H7OB,,8CC$'6(F),+$,+*(7,'EH30,I*3F,+*3,7(K3,$G,D,J3773H,6$E1H370,(+7,C$7+
I(HH,(FC'3D73,1&,D,GDC+$',$G,N.j"O/B`0,$',D%%'$L(4D+3H&,X.^B,>*(7,(7,$G+3F,'3G3''36,+$,D7,+*3
%$#)#1('#0'&$-.%B,R*3F,E7(F),+*3,7CDH(F),HDI0,(+,(7,(4%$'+DF+,+$,4DT3,7E'3,+*D+,+*3,%(3C3,$G
3PE(%43F+,I*$73,C$7+,(7,13(F),37+(4D+36,*D7,D,7(K3,+*D+,6$37,F$+,3LC336,+*3,4DL(4E4,DJD(HD1H3
7(K3,G$',+*D+,+&%3,$G,3PE(%43F+B
>*3,%'(C3,$G,3PE(%43F+,C*DF)37,I(+*,+(43,6E3,+$,(FGHD+($F,DF6,$+*3',4D'T3+,C$F6(+($F7B
>*D+,C*DF)3,(F,%'(C3,(7,CD%+E'36,1&,+*3,#*34(CDH,@F)(F33'(F),5HDF+,#$7+,;F63L,N#@,;g2@lO,+*D+
(7,%E1H(7*36,4$F+*H&,1&,9+%1,$-.'?):,)%%",):,4D)DK(F3B,>*3,(F63L,6,(7,E736,+$,E%6D+3
3PE(%43F+,C$7+,6D+D,DCC$'6(F),+$,+*3,G$HH$I(F),3PED+($FB
6 
#$7+ . = #$7+ "  . 
 6" 
8F$+*3',GDC+$',+*D+,DGG3C+7,3PE(%43F+,%E'C*D73,C$7+,(7,+*3,4D+3'(DH,$G,C$F7+'EC+($FB,87
CDF,13,733F,G'$4,\()E'3,""!Y0,D,7+D(FH377,7+33H,C*'$4D+$)'D%*&,C$HE4F,(7,4$'3,3L%3F7(J3,+*DF,D
%HD7+(C,$F3,$G,+*3,7D43,7(K3B,?(4(HD'H&0,D,7+D(FH377,7+33H,+DFT,C$7+7,.BX,+$,],+(437,D7,4EC*,D7,D
CD'1$F,7+33H,+DFT,$G,+*3,7D43,7(K3B,\$'+EFD+3H&0,(F,1($%'$C377(F),4$7+,$G,+*3,3PE(%43F+,(7,4D63,$G
7+D(FH377,7+33H,G$',<b5,N)$$6,4DFEGDC+E'(F),%'DC+(C3O,'3D7$F70,DF6,73H3C+($F,$G,4D+3'(DH7,(7,H377
$G,D,%'$1H34B,a+*3',GDC+$'7,+*D+,DGG3C+,3PE(%43F+,C$7+,(FCHE63,+*3,G(F(7*(F),$G,+*3,43+DH,7E'GDC3
DF6,+*3,(F7+'E43F+D+($F,+*D+,(7,%'$J(636,I(+*,+*3,3PE(%43F+B,>*(7,(7,+*3,4DM$',CDE73,G$',+*3,I(63
'DF)3,(F,%'(C37,G$',1($'3DC+$'7B
866(+($FDH,C$7+,6D+D,G$',C*34(CDH,%'$C377(F),3PE(%43F+,CDF,13,G$EF6,(F,+*3,H(+3'D+E'3
N53+3'7,DF6,>(443'*DE70,"YY"[,hH'(C*0,"YZ_[,DF6,<D''3++0,"YZYOB,>*3,C*$(C37,D'3,'D+*3',H(4(+36
I*3F,(+,C$437,+$,C$7+,6D+D,G$',1($%'$C377(F),3PE(%43F+,NkDHT,DF6,9DF)H&TT30,"YZ`,DF6,:3(74DF0
"YZZOB

!"Y!
!
USSS
0>9;E:B<!"@B8!KQLRMMMP

USS

US
US USS USSS
)CDJ :!6:;8@9!KLMMM!J NOP

R"+C%')YYQ?,,5E'C*D73,C$7+,$G,6(7T!7+DCT,C3F+'(GE)37,J7B,Σ,\DC+$',N"YYZ,%'(C37OB

UVS

USS
0>9;E:B<!"@B8!KQLRMMMP

YS

XS

WS

VS

S
US USS USSS USSSS
*E9@>DES>8!K$TEP

R"+C%')YYQI,,5E'C*D73,C$7+,$G,*()*!%'377E'3,*$4$)3F(K3'7,J7B,+*'$E)*%E+,N"YYZ,%'(C37OB

!./!
!
UVS

USS
%:9AG:9<!"@B8!KQLRMMMP

YS

XS

WS

VS

S
S VS WS XS YS USS UVS
3<J U9:7<!&9<:!KJ NOP

R"+C%')YYQM,,5E'C*D73,C$7+,$G,b\jh\,*D'6ID'3,NC$7+,$G,4341'DF3,3LCHE636OB

USS
0>9;E:B<!"@B8!KQLRMMMP

US >0,8&(/"KZ-B ">'$88*'$O
99[UX"K2(+:">'$88*'$O

U
SNU U US USS USSS
"@=>J 7!(@=>J<!K$P

R"+C%')YYQL,,5E'C*D73,C$7+,$G,C*'$4D+$)'D%*&,C$HE4F7,4D63,$G,%HD7+(C,$',7+D(FH377,7+33H,]"`9
G$',H$I!,DF6,*()*!%'377E3,C$HE4F70,'37%3C+(J3H&,N"YYZ,%'(C37OB

8F-E')YYQP,,#$7+,$G,C*'$4D+$)'D%*&,C$HE4F,%3'(%*3'DH7,N%E4%70,C$F+'$H70,3+CBO
84%#C+4$C0 :#V)1%'((C%')<#EC/, `"+4)1%'((C%')<#EC/,
K:U/",N K^N K^N
/BX,d,.BX YX0/// "`/0///
.BX,d,XB/ ""X0/// ."/0///
XB/,d,./B/ ".X0/// .`/0///

!."!
!
;F,D66(+($F,+$,6('3C+,G(L36,CD%(+DH,C$7+70,4$F3&,4E7+,DH7$,13,DJD(HD1H3,+$,%D&,G$',+*3
G$HH$I(F),(+347Q,"O,'DI,4D+3'(DH7,G$',"!.,4$F+*70,.O,HD1$',G$',.!],4$F+*70,]O,E+(H(+(37,G$',D,4$F+*0
_O,ID7+3,+'3D+43F+j6(7%$7DH,G$',D,4$F+*0,DF6,XO,$+*3',4(7C3HHDF3$E7,3L%3F737B,UR$'T(F),CD%(+DHV
DCC$EF+7,G$',+*373,(FJ37+43F+7,(F,+34%$'D'&,3L%3F737,DF6,C$F7E4D1H3,4D+3'(DH7B,>*3,'3PE('36
D4$EF+,$G,I$'T(F),CD%(+DH,G$',D,%'$C377,(7,E7EDHH&,"/,+$,./^,$G,+*3,2\#B
?+D'+E%,DF6,JDH(6D+($F,C$7+7,CDF,DH7$,'3%'373F+,D,7()F(G(CDF+,CD%(+DH,(FJ37+43F+,G$',D
1($%*D'4DC3E+(CDH,%HDF+B,8,JDHE3,$G,X,+$,"/^,$G,2\#,(7,PE(+3,C$44$FB

YY5P5=! Z$'%F0",+)<#(0)9(0"/F0"#,

>*3,$%3'D+(F),C$7+,+$,'EF,D,1($C*34(CDH,%HDF+,(7,+*3,7E4,$G,DHH,3L%3F737,D77$C(D+36,I(+*,'DI
4D+3'(DH70,HD1$'0,E+(H(+(370,ID7+3,6(7%$7DH0,$J3'*3D60,3+CB,2(J(6(F),+*3,DFFEDH,$%3'D+(F),C$7+,1&,+*3
DFFEDH,%'$6EC+($F,'D+3,&(3H67,+*3,EF(+,%'$6EC+($F,C$7+,N(F,WjT)OB,f($+3C*F$H$)&,(7,D,EF(PE3
(F6E7+'&,I*3F,(+,C$437,+$,+*3,'DF)3,(F,EF(+,%'$6EC+($F,C$7+B,>*3'3,D'3,%'$6EC+7,+*D+,C$7+,H377,+*DF
W"B/jT),DF6,$+*3'7,+*D+,C$7+,4$'3,+*DF,W"/0///0///jT),+$,4DT3B,>*3,C(+'(C,DC(6,DF6,+*3'D%3E+(C
4$F$CH$FDH,DF+(1$6&,%'$C37737,+*D+,D'3,637C'(136,(F,+*3,3LD4%H37,73C+($F,$G,+*(7,C*D%+3',H(3,CH$73
+$,+*373,+I$,3L+'3437B,;G,$F3,DH7$,C$F7(63'7,1($H$)(CDH,ID7+3ID+3',+'3D+43F+,I(+*,D,EF(+,C$7+,$G
W/B"!/BXj4],N$',W/B///"jT)O0,+*3F0,+*3,'DF)3,(F,$'63',$G,4D)F(+E63,(F,+*3,EF(+,%'$C377(F),C$7+,(7
"/""B
>D1H3,""!X,6(7%HD&7,+*3,JD'($E7,+&%37,$G,$%3'D+(F),C$7+70,+*3(',6('3C+,$',(F6('3C+,FD+E'30
DF6,'DF)37,G$',+*3(',JDHE37,'3HD+(J3,+$,+*3,+$+DH,$%3'D+(F),C$7+B,?$43+(437,C$7+,(+347,D'3
CD+3)$'(K36,D7,3(+*3',G(L36,$',JD'(D1H3B,\(L36,C$7+7,D'3,+*$73,+*D+,D'3,(FCE''36,'3)D'6H377,$G
J$HE43,$G,%'$6EC+,$E+%E+B,>*3,CH3D'37+,CD73,$G,D,G(L36,C$7+,(7,63%'3C(D+($F0,I*(C*,(7,%D'+,$G,+*3
3PE(%43F+!63%3F63F+,C$7+B,>*3,CH3D'37+,CD73,$G,D,JD'(D1H3,C$7+,I$EH6,13,+*3,C$7+,$G,'DI,4D+3'(DH7B
b$7+,$+*3',C$7+7,*DJ3,D,G(L36,DF6,D,JD'(D1H3,C$4%$F3F+B

8F-E')YYQO,,a%3'D+(F),C$7+,(+347,DF6,'DF)37B
<ZD8)689@ 8.$' \F,+')#W)BFEC'(
ZW)<#(0 Kb)#W)0#0FEN
8B,:DI,bD+3'(DH7 2('3C+ "/!Z/
fB,9D1$' 2('3C+ ./!X/
#B,#$F7E4D1H37 2('3C+ "!X/
2B,9D1jm#jm8 2('3C+ .!X/
@B,RD7+3,2(7%$7DH 2('3C+ "!./
\B,h+(H(+(37 2('3C+ "!]/
<B,@PE(%43F+!23%3F63F+ ;F6('3C+ "/!e/
=B,b(7C3HHDF3$E7 ;F6('3C+ /!./

!..!
!
;+,(7,$1J($E7,G'$4,+*3,I(63,'DF)3,$G,JDHE37,(F,>D1H3,""BX,+*D+,$F3,CDFF$+,37+(4D+3,+*3
$%3'D+(F),C$7+,$G,D,%'$6EC+,1D736,$F,DJ3'D)3,JDHE37B,8,C3'+D(F,H3J3H,$G,63+D(H36,CDHCEHD+($F7,(7
'3PE('36B

8F-E')YYQ?,,#$44$F,1($%'$C377(F),'DI,4D+3'(DH7,N&3D',.///,%'(C37O0,(FCHE6(F),4D+3'(DH7,E736,(F
G3'43F+D+($F,NE%7+'3D4,%'$C377(F)O
'&V!3&*#'+&$ "133#,*) 0'+"#!KQTWDP

"X)@>9;<
\0*/-8$ 9-0*&(-%"]S^"B_D SNVTCSN[T
#-'%"9J'*G `T^"I$F&'-8$"$@*(D,0$%& SN[TCSNWT
.-0,88$8 TS^"=$'3$%&,R0$"8*+,'8 SNSYCSNUV
9-JR$,%"7(0 H$)(%$6 SNYSCSN`S
#-'%"7(0 H$)(%$6 SNYTCSN`T
E&:,%-0 19>"A,F"='$$ SNTSCSNXS
.$&:,%-0 \*0)"#-,8& SNVSCSNVT
%C,0;,%$8 SN[TCSNTS
,X)@>9;<
?33-%(, ?%:J6'-*8L")$'&N"+',6$ SNVSCSNVT
9-JR$,%")0-*' WW^"G'-&$(% SNVTCSN[S
#-&&-%8$$6")0-*' XV^"G'-&$(% SNWTCSNTT
#,8$(% U[NT^"B_B"&-&,0"a VNWSC[NSS
?33-%(*3"9*0),&$ A$/:%(/,0 SNUTCSNVT
?33-%(*3"a(&',&$ =$'&N"+',6$"[[NT^"aL"R*0; SNUTCSNVS
1'$, WX^"aL",+'(/*0&*',0"+',6$ SNVSCSNVT
b$,8& 5'$B$'8L"6$R(&&$'$6 VNXSC[NVS
Q:$J I'($6L"WNT^"B_B"a SNWTCSNXS
):=8B
c2V>7W 19>L"+',%*0,' UNXTCUNYT
cV97W \',%*0,'L"G*'()($6 VNVSCVNTS
a,V2>7W UN[SCUNTS
.+97WN]2V7 SNVTCSN[T
d%97WN]2V7 ?+'(/*0&*',0"+',6$L"G-B6$' SNTSCSNXS
18E<9
#(&J"Q,&$' SNSSST
I(8&(00$6"Q,&$' SNSUCSNST
Q,&$'"=-'"M%e$/&(-% SNSTCSNV
?3G(/(00(% VTSC[SS
>$%(/(00(% USCVS
9&'$G&-3J/(% WSCTS

7-B';-*%",-.&B,>*(7,DCC$EF+7,G$',+*3,C$7+,$G,DHH,G3'43F+D+($F,436(D0,'3C$J3'&,C*34(CDH70
DF6,CH3DF(F),4D+3'(DH7B,\$',C$44$6(+&,1($C*34(CDH70,7EC*,D7,3+*DF$H0,(+,(7,4D(FH&,+*3,C$7+,$G
G3'43F+D+($F,436(DB,\$',*()*,JDHE3,%'$6EC+70,+*3,1EGG3'7,E736,G$',%'$6EC+,'3C$J3'&,DF6
3PE(%43F+,CH3DF(F),CDF,13,D,4DM$',%D'+,$G,+*3,4D+3'(DH7,C$7+B,>D1H3,""!`,%'$J(637,D,H(7+,$G
C$44$FH&,E736,'DI,4D+3'(DH7,(F,+*3,1($C*34(CDH,(F6E7+'(37B,g$+3,+*D+,+*3,%'(C3,$G,D,'DI,4D+3'(DH
CDF,JD'&,I(63H&,63%3F6(F),$F,(+7,'3PE('36,%E'(+&B,>*(7,CDF,13,CH3D'H&,733F,(F,+*3,CD73,$G,ID+3'B
RD+3',G$',(FM3C+($F,NR\;O0,G$',(F7+DFC30,C$7+7,"//!X//,+(437,D7,4EC*,D7,C(+&,ID+3'B,5'(C37,$G

!.]!
!
JD'($E7,'DI,4D+3'(DH7,CDF,13,G$EF6,(F,+*3,9+%1,$-.';-"C%*,):'7%!#"*%"B,b$'3,'3C3F+H&0,D,FE413'
$G,I317(+37,*DJ3,C$43,$FH(F3,I*3'3,D,1E&3',CDF,G(F6,%'(C(F),(FG$'4D+($F,DF6,'3PE37+,1(67,G'$4
7E%%H(3'7B

D-2#"B,>*(7,(7,37+(4D+36,1D736,$F,+*3,+$+DH,FE413',$G,$%3'D+$'70,I*(C*,(F,+E'F,(7,CDHCEHD+36
1&,7E44(F),E%,+*3,$%3'D+$','3PE('343F+7,$G,+*3,JD'($E7,$%3'D+($F7,D7,D,GEFC+($F,$G,+(43B,87,I(HH
13C$43,CH3D',(F,+*3,3LD4%H37,HD+3',(F,+*(7,C*D%+3'0,+*3,HD1$','3PE('343F+,(F,D,1D+C*,4DFEGDC+E'(F)
GDC(H(+&,JD'(37,I(+*,+(43B,;F,D,7(F)H3,%'$6EC+,GDC(H(+&0,+*3,FE413',$G,$%3'D+$'7,(F,3DC*,7*(G+,4E7+,13
1D736,$F,4DL(4E4,634DF6,6E'(F),+*D+,7*(G+B,;F,4EH+(!%'$6EC+,GDC(H(+(370,3DC*,%'$6EC+,H(F3,CDF
34%H$&,D,C3'+D(F,FE413',$G,636(CD+36,$%3'D+$'7,DF6,E+(H(K3,GH$D+(F),$%3'D+$'7,6E'(F),%3'($67,$G
%3DT,634DF6B,;F,)3F3'DH0,74DHH3',GDC(H(+(37,+3F6,+$,E+(H(K3,D,HD')3',FE413',$G,$%3'D+$'7,%3'
%'$C377(F),7+3%,13CDE73,+*3&,D'3,H377,DE+$4D+36B,\$',(F7+DFC30,D,74DHH,1($+3C*,C$4%DF&,4D&
E+(H(K3,.!],$%3'D+$'7,+$,73+,E%,D,G3'43F+$'0,I*3'3D7,(F,D,HD')30,*()*H&,DE+$4D+36,G3'43F+D+($F
GDC(H(+&,D,7(F)H3,$%3'D+$',4D&,'34$+3H&,*DF6H3,+*3,73+E%,$G,7(L,6(GG3'3F+,G3'43F+$'7,G'$4,+*3
C$F+'$H,'$$4B,;F,)3F3'DH0,D,+&%(CDH,1($+3C*,C$4%DF&,+*D+,63DH7,I(+*,*()*!JDHE3,%'$6EC+7,I(HH
DHH$CD+3,D+,H3D7+,$F3,$%3'D+$',+$,3DC*,%'$C377(F),7+3%0,7EC*,D7,C3F+'(GE)D+($F0,4341'DF3,G(H+'D+($F0
C*'$4D+$)'D%*&0,3+CB,6E'(F),(+7,$%3'D+($FB,>*3,73+E%,$G,D,7+3%,4D&,'3PE('3,4EH+(%H3,$%3'D+$'7,G$'
D,7*$'+,%3'($6B
9#)&/1-2.%&B,>*(7,(FCHE637,+*3,C$7+,$G,%3'($6(CDHH&,'3%HDC(F),(+347,+*D+,4D&,13,E736,E%0
G$EH360,$',$+*3'I(73,6D4D)36,6E'(F),%'$C377(F)0,7EC*,D7,4341'DF370,C*'$4D+$)'D%*&,'37(F70
DC+(JD+36,CD'1$F0,3+CB,87,+*3,3LD4%H37,HD+3',(F,+*(7,C*D%+3',I(HH,(HHE7+'D+30,+*3,*()*,EF(+,C$7+,$G
C*'$4D+$)'D%*&,'37(F7,DF6,+*3(',G'3PE3F+,'3%HDC343F+,CDF,4DT3,+*(7,(+34,D,4DM$',C$4%$F3F+,$G
+*3,$%3'D+(F),C$7+B
D-2#"-*#"('E'F9'E'FGB,>*(7,DCC$EF+7,G$',+*3,C$7+,$G,$GG!H(F3,DFDH&7(70,PEDH(+&,C$F+'$H,Nm#O0
DF6,PEDH(+&,D77E'DFC3,Nm8O,C$7+7B,#*34(CDH,DF6,1($C*34(CDH,DFDH&7(7,DF6,%*&7(CDH,%'$%3'+&
C*D'DC+3'(KD+($F0,G'$4,'DI,4D+3'(DH7,+$,G(FDH,%'$6EC+0,D'3,D,J(+DH,%D'+,$G,1($C*34(CDH,$%3'D+($F7B
>*(7,C$7+,(7,E7EDHH&,"/!./^,$G,+*3,$%3'D+(F),HD1$',C$7+B,=$I3J3'0,G$',C3'+D(F,1($%*D'4DC3E+(CDH7
+*D+,'3PE('3,D,HD')3,FE413',$G,J3'&,3L%3F7(J3,D77D&70,+*(7,C$7+,CDF,13,D7,*()*,D7,+*3,$%3'D+(F)
HD1$'B,\$',7EC*,CD7370,(+,(7,(4%$'+DF+,+$,DCC$EF+,G$',+*3,FE413',DF6,G'3PE3FC&,$G,+*3,JD'($E7
D77D&7,(F,63+D(HB,#*DF)37,(F,H$+,7(K3,+*D+,CDF,'36EC3,+*3,G'3PE3FC&,$G,DFDH&7(7,CDF,*DJ3,D,4DM$'
(4%DC+,$F,+*3,1$++$4,H(F3B
H-&*%'I"%-*1%)*'E'@,&!#&-.B,>*(7,DCC$EF+7,G$',+*3,+'3D+43F+,$G,ID7+3ID+3',DF6,+*3,6(7%$7DH
$G,7$H(6,DF6,*DKD'6$E7,4D+3'(DH7B,>*3,D4$EF+,DF6,C$4%$7(+($F,$G,+*3,JD'($E7,ID7+3,7+'3D47,(7
63'(J36,G'$4,+*3,4D+3'(DH,1DHDFC37B,bEH+(%H&(F),+*3,D4$EF+,1&,+*3,D%%'$%'(D+3,EF(+,C$7+,&(3H67,+*3
C$7+,$G,+'3D+43F+,DF6,6(7%$7DHB,>'3D+43F+,$G,H$I,1($H$)(CDH,$L&)3F,634DF6,Nfa2O,ID7+3ID+3'
NH377,+*DF,"0///,4)j9O,1&,D,4EF(C(%DH,ID7+3ID+3',+'3D+43F+,GDC(H(+&,E7EDHH&,C$7+7,W/B.!/BXj4]B
>*(7,(7,F$+,D,4DM$',3L%3F73,G$',4$7+,1($+3C*,GDC(H(+(37,+*D+,63DH,I(+*,*()*,JDHE3,%'$6EC+7B
2(7%$7DH0,*$I3J3'0,$G,C$F+D4(FD+36,7$HJ3F+7,N)3F3'D+36,1&,C*'$4D+$)'D%*&,7+3%7O,DF6,$+*3'
'3)EHD+36,C$4%$EF67,CDF,13C$43,D,4DM$',3L%3F73,13CDE73,+*3(',EF(+,6(7%$7DH,C$7+,(7,(F,+*3,'DF)3
$G,W.!./jT),NE7EDHH&,*()*3',+*D+,+*3,%E'C*D73,%'(C3,$G,+*3,7D43,C*34(CDHOB,RD7+3,6(7%$7DH,4D&

!._!
!
DH7$,13C$43,D,%'$1H34,(G,DF,EFIDF+36,1&!%'$6EC+,(7,)3F3'D+36,D7,%D'+,$G,+*3,'3C$J3'&,C*34(7+'&
$G,D,%'$C377,N733,+*3,C(+'(C,DC(6,3LD4%H3,HD+3',(F,+*(7,C*D%+3'OB
<*,.,*,%&B,>*(7,DCC$EF+7,G$',*3D+(F),DF6,C$$H(F),E+(H(+(37,D7,I3HH,D7,3H3C+'(C(+&B,>*3,D4$EF+7
D'3,CDHCEHD+36,D7,%D'+,$G,+*3,4D+3'(DH,DF6,3F3')&,1DHDFC37B,83'$1(C,G3'43F+$'7,D'3,4DM$'
C$F7E43'7,$G,3H3C+'(C(+&,1E+,6$IF7+'3D4,%'$C377(F),3PE(%43F+,)3F3'DHH&,6$37,F$+,C$F7E43,4EC*
3H3C+'(C(+&B,;F,+3'47,$G,EF(+,C$7+0,3H3C+'(C(+&,C$7+7,D'$EF6,W/B"jTR*0,*3D+(F),7+3D4,(7,D'$EF6,W_!
Zj"///,T)0,CH3DF,7+3D4,N)3F3'D+36,E+(H(K(F),%E'(G(36,ID+3'O,(7,D'$EF6,W"/!X/j"///,T),N63%3F6(F)
$F,+*3,7CDH3,$G,%'$6EC+($F,DF6,H3J3H,$G,ID+3',%E'(+&O,DF6,'3G'()3'DF+7,D'$EF6,W/B/X!/B",%3',"0///
TCDH,$G,*3D+,'34$J36B,;F,6$IF7+'3D4,%'$C377(F)0,CH3DF,7+3D4,(7,4D(FH&,E736,G$',7+3'(H(K(F)
3PE(%43F+,D7,%D'+,$G,3PE(%43F+,CH3DF(F)B,8F$+*3',C$44$F,E73,(7,G$',7+3'(H(K(F),G3'43F+D+($F
436(DB,g$+3,+*D+,%E'(G(36,ID+3',E736,G$',1EGG3',%'3%D'D+($F,DF6,3PE(%43F+,CH3DF(F),(7,$G+3F
CHD77(G(36,D7,D,E+(H(+&,DF6,F$+,D7,D,'DI,4D+3'(DH0,+*E7,(FC'3D7(F),+*3,C$7+,C$F+'(1E+($F,$G,E+(H(+(37B
?A/,!1%)*J@%!%)5%)*B,>*(7,C$7+,DCC$EF+7,G$',+*3,63%'3C(D+($F,$G,+*3,G(L36,CD%(+DH
(FJ37+43F+0,4D(F+3FDFC3,$G,3PE(%43F+0,(F7E'DFC30,H$CDH,N%'$%3'+&O,+DL37,DF6,%$77(1H&,$+*3'
$J3'*3D6!+&%3,3L%3F737B,\$',%'3H(4(FD'&,C$7+,37+(4D+370,+*3,3F+('3,G(L36,CD%(+DH,(FJ37+43F+,(7
E7EDHH&,63%'3C(D+36,H(F3D'H&,$J3',D,"/!&3D',%3'($6B,;F,+*3,'3DH,I$'H60,+*3,)$J3'F43F+,DHH$I7
C$'%$'D+($F7,+$,63%'3C(D+3,3PE(%43F+,(F,X!e,&3D'7,DF6,1E(H6(F)7,(F,.X!]/B,9DF6,(7,F3J3'
63%'3C(D+36B,>*3,DFFEDH,3PE(%43F+,4D(F+3FDFC3,C$7+,CDF,13,37+(4D+36,D7,D,%3'C3F+D)3,$G,+*3
3PE(%43F+c7,%E'C*D73,C$7+,NE7EDHH&,"/^OB,;F7E'DFC3,'D+37,63%3F6,+$,D,C$F7(63'D1H3,3L+3F+,E%$F
+*3,4D(F+3FDFC3,$G,D,7DG3,%HDF+,(F,)$$6,'3%D(',C$F6(+($FB,,8,JDHE3,G$',(F7E'DFC3,(F,+*3,'DF)3,$G
/BX!"^,$G,2\#,(7,D%%'$%'(D+3,G$',4$7+,1($%'$C377(F),GDC(H(+(37B,>*3,%'$C377(F),$G,GHD44D1H30
3L%H$7(J30,$',6DF)3'$E7H&,+$L(C,4D+3'(DH7,E7EDHH&,'37EH+7,(F,*()*3',(F7E'DFC3,'D+37B,>*3,H$CDH
N%'$%3'+&O,+DL,(7,E7EDHH&,.!X^,$G,2\#B,>*3,GDC+$'&,3L%3F73,'3%'373F+7,$J3'*3D6,C$7+,(FCE''36,1&
+*3,$%3'D+($F,$G,F$F!%'$C377!$'(3F+36,GDC(H(+(37,DF6,$')DF(KD+($F70,7EC*,D7,DCC$EF+(F)0,%D&'$HH0
G('3,%'$+3C+($F0,73CE'(+&0,CDG3+3'(D0,3+CB,8,JDHE3,$G,X!"/^,$G,2\#,(7,D%%'$%'(D+3,G$',+*373,C$7+7B
;,&$%..-)%#/&B,>*(7,DCC$EF+7,G$',$F!)$(F),:p20,%'$C377,JDH(6D+($F,DF6,$+*3',$J3'*3D6!
+&%3,3L%3F737B,@L%3F737,$G,+*(7,+&%3,CDF,13,()F$'36,(F,%'3H(4(FD'&,C$7+,37+(4D+37B
a+*3',)3F3'DH,3L%3F737,$G,D,C$'%$'D+($F,(FCHE63,"#(-.*,%&0,-58%"*,&,):0,DF6,&%..,):B,;G,DF&
%D'+,$G,+*3,%'$C377,$',DF&,3PE(%43F+,E736,(F,+*3,%'$C377,(7,C$J3'36,1&,D,%D+3F+,F$+,D77()F36,+$,+*3
C$'%$'D+($F,EF63'+DT(F),+*3,F3I,%'$M3C+0,%3'4(77($F,+$,E73,+*3,+3DC*(F)7,$G,+*3,%D+3F+,4E7+,13
F3)$+(D+360,DF6,7$43,G$'4,$G,'$&DH+(37,(7,E7EDHH&,'3PE('36B,86J3'+(7(F),DF6,73HH(F),C$J3'7
3L%3F737,D77$C(D+36,I(+*,+*3,DC+(J(+(37,$G,+*3,7DH37,63%D'+43F+B

YY5P5>! 1%#W"0F-"E"0.)A,FE.("(

R(+*,37+(4D+37,$G,CD%(+DH,(FJ37+43F+0,$%3'D+(F),C$7+0,DF6,'3J3FE37,$G,D,%'$M3C+0,$F3,CDF
%'$C336,+$,D77377,(+7,%'$G(+D1(H(+&,DF6,D++'DC+(J3F377,G'$4,DF,(FJ37+43F+,%$(F+,$G,J(3IB,>*3'3,D'3
JD'($E7,43D7E'37,G$',D77377(F),%'$G(+D1(H(+&B,>*3,7(4%H37+,$F37,(FCHE63,)'$77,4D')(F0,'3+E'F,$F
(FJ37+43F+,N:a;O0,DF6,%D&1DCT,+(43,DF6,+*3&,D'3,CDHCEHD+36,E7(F),+*3,G$HH$I(F),3PED+($F7Q

!.X!
!
<'$77,5'$G(+
<'$77,bD')(F, s ,
:3J3FE37

g3+,5'$G(+
:3+E'F,$F,;FJ37+43F+,N:a;O, s , ,L,"//,^
>$+DH,;FJ37+43F+

>$+DH,;FJ37+43F+
5D&1DCT,>(43,N(F,&3D'7O, s ,
g3+,5'$G(+,

I*3'3,)'$77,%'$G(+,(7,3PEDH,+$,DFFEDH,'3J3FE37,4(FE7,+*3,DFFEDH,$%3'D+(F),C$7+,DF6,F3+,%'$G(+,(7
3PEDH,+$,)'$77,%'$G(+,4(FE7,(FC$43,+DL37,%HE7,63%'3C(D+($FB,8HH,JD'(D1H37,D'3,DJ3'D)36,$J3',+*3
H(G3+(43,$G,D,%'$M3C+B

a+*3',43D7E'37,+*D+,D'3,4$'3,(FJ$HJ360,7EC*,D7,+*3,F3+!%'373F+!JDHE3,Ng5AO,DF6,(F+3'FDH!'D+3!$G!
'3+E'F,N;::O,C$F7(63',+*3,CD7*,GH$I7,$G,D,%'$M3C+,$J3',(+7,3JDHED+($F,H(G3,DF6,+*3,JDHE3,$G,4$F3&
D7,D,GEFC+($F,$G,+(43B,23+D(H36,63G(F(+($F7,G$',g5A,DF6,;::,CDF,13,G$EF6,(F,+*3,H(+3'D+E'3,N53+3'7
DF6,>(443'*DE70,"YY"OB,>*3,3LD4%H37,+*D+,D'3,%'373F+36,HD+3',(F,+*(7,C*D%+3',634$F7+'D+3,*$I
+*373,43D7E'37,GDC(H(+D+3,+*3,63C(7($F,4DT(F),%'$C377B

YY5O! 6::]D8\A86c9)9dA@1:9D

>*3,E73,$G,?E%3'5'$,237()F3',(7,(HHE7+'D+36,+$,DFDH&K3,DF6,3JDHED+3,+*3,%'$6EC+($F,$G,+*'33
1($H$)(CDH,%'$6EC+7B,>*3,G('7+,3LD4%H3,DFDH&K37,+*3,%'$6EC+($F,$G,C(+'(C,DC(60,D,C$44$6(+&
$')DF(C,DC(6B,>*3,73C$F6,63DH7,I(+*,+*3,%'$6EC+($F,$G,'3C$41(FDF+,*E4DF,(F7EH(F0,+*3,G('7+
C$443'C(DH,%'$6EC+,$G,4$63'F,1($+3C*F$H$)&B,>*3,+*('6,3LD4%H3,G$CE737,$F,+*3,%'$6EC+($F,$G
4$F$CH$FDH,DF+(1$6(37,Nb81c7O,E7(F),4D44DH(DF,C3HH7,CEH+E'36,(F,7+(''36!+DFT,1($'3DC+$'7B,>*3
)3F3'D+($F,$G,+*3,GH$I7*33+7,G$',+*3,%'$6EC+($F,$G,DHH,+*'33,%'$6EC+7,ID7,1D736,$F,(FG$'4D+($F
DJD(HD1H3,(F,+*3,%D+3F+,DF6,+3C*F(CDH,H(+3'D+E'3,C$41(F36,I(+*,$E',3F)(F33'(F),ME6)43F+,DF6
3L%3'(3FC3,I(+*,$+*3',1($H$)(CDH,%'$6EC+7B,R3,E73,+*373,GH$I7*33+7,+$,6'DI,)3F3'DH,C$FCHE7($F7
$F,+*3,4DFEGDC+E'(F),C$7+,$G,1($H$)(CDH,%'$6EC+7B,>*3,C$4%E+3',G(H37,G$',+*373,3LD4%H37,D'3
DJD(HD1H3,D7,%D'+,$G,+*3,634$F7+'D+($F,J3'7($F,$G,?E%3'5'$,D+,*++%QjjIIIB(F+3HH()3FBC$4B

YY5O5Y! <"0%"&)A&"2)1%#2C&0"#,

8,FE413',$G,$')DF(C,DC(67,D'3,%'$6EC36,J(D,G3'43F+D+($FB,aG,+*3730,C(+'(C,DC(6,(7
%'$6EC36,(F,+*3,HD')37+,D4$EF+,N4$'3,+*DF,_//0///,43+'(C,+$F7,%3',&3D'OB,#(+'(C,DC(6,(7,4D'T3+36
D7,C(+'(C,DC(6!"!*&6'D+3,$',D7,DF*&6'$E7,C(+'(C,DC(6B,>*3,4DM$'(+&,$G,C(+'(C,DC(6,N4$'3,+*DF,`/^O,(7
E736,(F,+*3,G$$6,DF6,13J3'D)3,(F6E7+'(37,+$,%'373'J3,DF6,3F*DFC3,GHDJ$'B,;F,+*3,C*34(CDH
(F6E7+'(37,N.X!]/^,$G,+$+DHO0,C(+'(C,DC(6,(7,E736,G$',+*3,+'3D+43F+,$G,+3L+(H370,D7,D,7$G+3F3'0,D7,DF
DF+(G$D4,D)3F+0,3+CB,;F,+*3,%*D'4DC3E+(CDH,(F6E7+'&,N"/^,$G,+$+DHO0,('$F,C(+'D+3,(7,E736,D7,D,7$E'C3
$G,('$F,DF6,C(+'(C,DC(6,(7,E736,D7,D,%'373'JD+(J3,G$',7+$'36,1H$$60,+D1H3+70,$(F+43F+70,DF6,(F

!.`!
!
!.e!
!
C$743+(C,%'3%D'D+($F7,N#'E3)3',DF6,#'E3)3'0,"YZYOB,#(+'(C,DC(6,(7,13(F),E736,4$'3,DF6,4$'3,(F
+*3,63+3')3F+,(F6E7+'&,D7,D,,'3%HDC343F+,G$',%$H&%*$7%*D+37B
#(+'(C,DC(6,ID7,G('7+,'3C$J3'36,(F,"Z`Y,(F,@F)HDF6,G'$4,CDHC(E4,C(+'D+30,I*(C*,ID7
$1+D(F36,G'$4,H34$F,ME(C3B,;+7,%'$6EC+($F,1&,G(HD43F+$E7,GEF)(,*D7,133F,TF$IF,7(FC3,"ZY]B,>*3
G('7+,%'$6EC+($F,J(D,7E'GDC3,CEH+E'3,G3'43F+D+($F,ID7,(F(+(D+36,(F,"Y.]B,5'$6EC+($F,E7(F),7+(''36!
+DFT,G3'43F+$'7,13)DF,(F,+*3,"Y]/c7,DF6,(+,(7,%'373F+H&,+*3,%'3G3''36,43+*$6,G$',HD')3,7CDH3
4DFEGDC+E'(F)B,>*3,%HDF+,DFDH&K36,(F,+*(7,3LD4%H3,%'$6EC37,D'$EF6,"/0///0///,T),$G,C'&7+DH
C(+'(C,DC(6,%3',&3D'0,I*(C*,'3%'373F+7,D%%'$L(4D+3H&,.BX^,$G,+*3,CE''3F+,I$'H6,634DF6B

1%#&'(()*'(&%"$0"#,

h%7+'3D4,73C+($FB,>*3,3F+('3,GH$I7*33+,(7,7*$IF,(F,\()E'3,""!"/B)b$HD77370,+*3,CD'1$F
7$E'C3,$G,G3'43F+D+($F0,(7,6(HE+36,G'$4,D1$E+,X/^,G3'43F+D1H3,7E)D'7,C$F+3F+,+$,./^,I(+*,ID+3'
(F,D,1H3F6(F),+DFT,NA!"/"OB,?E7%3F636,%D'+(CEHD+3,4D+3'(DH,(7,'34$J36,1&,G(H+'D+($F,N5\\!"/"OB
b3+DH,($F70,%D'+(CEHD'H&,('$F0,D'3,'34$J36,1&,DF,($F!3LC*DF)3,C*'$4D+$)'D%*&,C$HE4F,N#!"/"OB
>*3,%E'(G(36,'DI,4D+3'(DH,7$HE+($F,(7,+*3F,*3D+!7+3'(H(K36,N?>!"/"OB,gE+'(3F+7,N(B3B0,7$E'C37,$G
D44$F(E40,%$+D77(E40,%*$7%*$'$E70,4D)F37(E40,C$%%3'0,DF6,K(FCO,D'3,6(77$HJ36,(F,ID+3',NA!
"/.O,DF6,*3D+!7+3'(H(K36,N?>!"/.OB
>*3,G3'43F+D+($F,C&CH3,(7,e,6D&7,DF6,+*3,%'$6EC+($F,(7,*DF6H36,1&,e,G3'43F+$'7,+*D+
$%3'D+3,(F,7+D))3'36,4$63B,?(FC3,+*3,%HDF+,$%3'D+37,D'$EF6,+*3,CH$CT0,$F3,G3'43F+D+($F,C&CH3,(7
(F(+(D+36,6D(H&,DF6,DF$+*3',$F3,(7,C$4%H3+36,6D(H&B,@DC*,G3'43F+$',*D7,D,J3773H,J$HE43,$G,.`/,4]
DF6,*DF6H37,1'$+*,$G,D'$EF6,./eB_,4]B,@DC*,%'$6EC+($F,G3'43F+$',NA!"/]O,(7,%'3C3636,1&,+I$
74DHH3',7336,G3'43F+$'70,I*(C*,D'3,F$+,7*$IF,(F,+*3,GH$I7*33+B,,8,%E'3,CEH+E'3,$G,+*3,4$H6
G&!%":,../&'),:%",(7,E736,+$,(F$CEHD+3,+*3,74DHH37+,7336,G3'43F+$'B,,R*3F,$%+(4E4,)'$I+*,$G
4&C3H(E4,(7,'3DC*360,+*3,C$F+3F+7,$G,+*3,7336,G3'43F+$',D'3,+'DF7G3''36,+$,+*3,F3L+,7+D)3
G3'43F+$'0,I*(C*,(7,D%%'$L(4D+3H&,+3F,+(437,HD')3'B,,?(4(HD'H&0,+*(7,HD')3',7336,G3'43F+$'
(F$CEHD+37,+*3,%'$6EC+($F,G3'43F+$',I(+*,D1$E+,"/^,J$HE43,$G,DC+(J3H&,)'$I(F),4&C3H(E4,1'$+*B
8(',(7,7E%%H(36,1&,D,C$4%'377$',N<!"/"O,D+,D,'D+3,+*D+,)'D6EDHH&,(FC'3D737,G'$4,/B"X,+$,"B/,AAb
NJ$HE43,$G,D(',%3',J$HE43,$G,H(PE(6,%3',4(FE+3OB,#$$H(F),ID+3','34$J37,+*3,*3D+,%'$6EC36,1&,+*3
3L$+*3'4(C,%'$C377,N.0YY/,TCDHjT),$G,C(+'(C,DC(6,G$'436O,DF6,4D(F+D(F7,+*3,+34%3'D+E'3,D+,.Z,t#B
>*3,G3'43F+36,1'$+*,(7,6(7C*D')36,(F+$,+*3,*$H6(F),+DFT,NA!"/_O0,I*(C*,DC+7,D7,D,1EGG3',+DFT
13+I33F,+*3,1D+C*,E%7+'3D4,73C+($F,DF6,+*3,C$F+(FE$E7,6$IF7+'3D4,73C+($FB
2$I7+'3D4,73C+($FB,5E'(G(CD+($F,7+D'+7,I(+*,+*3,'34$JDH,$G,1($4D77,1&,D,'$+D'&,JDCEE4
G(H+3',N:A\!"/"OB,>*3,CHD'(G(36,G3'43F+D+($F,H(PE$',GH$I7,+$,DF,D)(+D+36,'3DC+($F,J3773H,NA!"/XOB
8%%'$L(4D+3H&,",%D'+,$G,*&6'D+36,H(430,#DNa=O.0,G$',3J3'&,.,%D'+7,$G,H(PE$',(7,7H$IH&,D6636,+$
%'3C(%(+D+3,CDHC(E4,C(+'D+3B,>*3,H(43,7$HE+($F,4E7+,13,J3'&,H$I,(F,4D)F37(E4,C$F+3F+,(G,H$7737
6E3,+$,+*3,'3HD+(J3H&,7$HE1H3,4D)F37(E4,C(+'D+3,D'3,+$,13,DJ$(636B,#DHC(E4,C(+'D+3,(7,73%D'D+36,1&
D,73C$F6,'$+D'&,JDCEE4,G(H+3',N:A\!"/.O,DF6,+*3,C(+'D+3!G'33,G(H+'D+3,N?!".ZO,(7,6(7%$736,$GB,>*3
CDHC(E4,C(+'D+3,CDT3,(7,73F+,+$,DF$+*3',D)(+D+36,'3DC+($F,J3773H,NA!"/`O,I*3'3,(+,(7,DC(6(G(36,I(+*

!.Z!
!
6(HE+3,7EHGE'(C,DC(6,+$,G$'4,D,%'3C(%(+D+3,$G,CDHC(E4,7EHGD+3,N)&%7E4OB,8,+*('6,G(H+3',N:A\!"/]O
'34$J37,+*3,%'3C(%(+D+36,)&%7E4,DF6,&(3H67,DF,(4%E'3,C(+'(C,DC(6,7$HE+($FB,#D'3GEH,C$F+'$H,$G,%=

DF6,+34%3'D+E'3,$G,+*3,%'3C(%(+D+($F,7+3%7,(7,(4%$'+DF+,G$',4DL(4(K(F),+*3,&(3H6,$G,C(+'(C
DC(6B,>*3,'37EH+(F),7$HE+($F,(7,C$FC3F+'D+36,DF6,C'&7+DHH(K36,E7(F),D,C$F+(FE$E7,3JD%$'D+$',j
C'&7+DHH(K3',N#:!"/"OB,>*3,C'&7+DH7,G$'436,D'3,73%D'D+36,1&,G(H+'D+($F,N:A\!"/_O,DF6,6'(36,(F,D
'$+D'&,6'&3',N:2:!"/"OB,;G,+*3,G(FDH,%'$6EC+,(7,'3PE('36,(F,*()*,%E'(+&0,+'3D+43F+,I(+*,DC+(JD+36
CD'1$F,4D&,%'3C363,C'&7+DHH(KD+($F,+$,'34$J3,C$H$'DF+7B,;$F,3LC*DF)3,(7,7$43+(437,E736,+$
'34$J3,43+DH,($F7,DF6,$+*3',($F(C,7%3C(37B

@F0'%"FE)-FEF,&'(

>D1H3,""!e,%'$J(637,D,7E44D'&,$G,+*3,$J3'DHH,4D+3'(DH,1DHDFC37B,U#8,#'&7+DHV,7+DF67,G$'
C'&7+DHH(F3,C(+'(C,DC(6,DF6,'3%'373F+7,+*3,G(FDH,%'$6EC+B,<HEC$73,'3%'373F+7,+*3,G3'43F+D1H3
CD'1$*&6'D+37,(F,4$HD7737,NX/^,IjIOB,g$+3,+*3,HD')3,D4$EF+7,$G,#DNa=O.,DF6,7EHGE'(C,DC(6
C$F7E436,DF6,)&%7E4,NCDHC(E4,7EHGD+3O,)3F3'D+36B,>*3(',PEDF+(+(37,63%3F6,$F,+*3,C*34(7+'&,$G
+*3,'3C$J3'&,%'$C377,DF6,CDFF$+,13,'36EC36,I(+*$E+,C*DF)(F),+*3,'3C$J3'&,+3C*F$H$)&B,?(FC3,+*(7
)&%7E4,(7,C$F+D4(FD+36,I(+*,1($4D770,(+,*D7,H(++H3,$',F$,C$443'C(DH,JDHE3B,8,6(7%$7DH,C$7+,$G
WX/j+$F,N43+'(CO,ID7,D77E436,(F,+*(7,3LD4%H3B,>*3,HD')3,D4$EF+,$G,ID7+3ID+3',(7,DH7$,I$'+*
F$+(F)B

8F-E')YYQI,,aJ3'DHH,4D+3'(DH,1DHDFC37,NT)j&3D'OB

"1301,#,* +, 1/* K1/*X+,P

"?33N"9*0),&$ UTXLSSS U[LSSS CUW[LSSS


"5(-3,88 S ULS[[LSSS ULS[[LSSS
"#?"#'J8&,0 S USLUVWLSSS USLUVWLSSS
"#,K72OV XL]X]LSSS TYSLSSS CXLUY]LSSS
"#,0/(*3"#(&',&$ S [WXLSSS [WXLSSS
"#7V S ULYWYLSSS ULYWYLSSS
"#(&'(/"?/(6 S [XTLSSS [XTLSSS
"\0*/-8$ UVL]WULSSS U[YLSSS CUVLXS[LSSS
"\JG8*3 S UULSY]LSSS UULSY]LSSS
"M3G*'(&($8 UV]LSSS UV]LSSS S
"a*&'($%&8 `[XLSSS `TLSSS CYWULSSS
"7FJ+$% U`LSXVLSSS UTLUTVLSSS C[L`USLSSS
"a,72 ]TLSSS ]TLSSS S
"9*0)*'(/"?/(6 YL[`XLSSS WS]LSSS C]L`Y`LSSS
"Q,&$' UXXLSYYLSSS U]VL`TYLSSS XLY]SLSSS
!*1*&$ OLYRZY[RMMM OLYRZY[RML\ M

!.Y!
!
9&#,#/"&)'BFECF0"#,

>D1H3,""!Z,%'$J(637,D,H(7+,$G,4DM$',3PE(%43F+,(+347,DH$F),I(+*,+*3(',%E'C*D73
C$7+7,N)3F3'D+36,1&,?E%3'5'$,237()F3'OB,>*3,+$+DH,3PE(%43F+,C$7+,G$',D,%HDF+,$G,+*(7
CD%DC(+&,(7,D'$EF6,W".,4(HH($FB,g$+3,+*D+,4$'3,+*DF,X/^,$G,+*3,3PE(%43F+,C$7+,(7

8F-E')YYQM,,bDM$',3PE(%43F+,7%3C(G(CD+($F,DF6,%E'C*D73,C$7+7,N&3D',.///,%'(C37,(F,h?2OB

]>:78C8F ,:J< .<B;9CS8C@7 /7C8!"@B8!KQP "@B8!KQP


W <CUSU 50$%6(%+"A,%; UUXLSSS WXWLSSS
<-0*3$"f"YS"3g[
U 9ACUSU 2$,&"9&$'(0(4$' [T[LSSS [T[LSSS
A:'-*+:G*&"f"UY"3g[_:
U 9ACUSV 2$,&"9&$'(0(4$' VVSLSSS VVSLSSS
A:'-*+:G*&"f"W"3g[_:
U <CUSV 50$%6(%+"A,%; UUXLSSS UUXLSSS
<-0*3$"""f"YS"3g[
U #CUSU M-%"EF/:,%+$"#-0*3% [STLSSS [STLSSS
<-0*3$"f"VNU"3g[
U >==CUSU >0,&$"h"=',3$"=(0&$' UTTLSSS UTTLSSS
=(0&$'"?'$,"f"YS"3gV
U ?=CUSV ?('"=(0&$' WLSSS WLSSS
A:'-*+:G*&"f"SNU["3g[_8
U ?=CUSU ?('"=(0&$' YLSSS YLSSS
A:'-*+:G*&"f"SNXY"3g[_8
U \CUSU #="#-3G'$88-' U]WLSSS U]WLSSS
>-B$'"f"VVXNV`";Q
] <CUS[ =$'3$%&-' `TSLSSS XLXTSLSSS
<-0*3$"""f"VXS"3g[
[ <CUSW =0,&"5-&&-3"A,%; USVLSSS [SXLSSS
<-0*3$"""f"[SS"3g[
U H<=CUSU H-&,'J"<,/**3"=(0&$' Y]LSSS Y]LSSS
=(0&$'"?'$,"f"[TNVV"3gV
U <CUST 9&(''$6"i,/;$&"<$88$0 ``LSSS ``LSSS
<-0*3$"""f"[NY"3g[
U H<=CUSV H-&,'J"<,/**3"=(0&$' U[VLSSS U[VLSSS
=(0&$'"?'$,"f"YS"3gV
U <CUSX 9&(''$6"i,/;$&"<$88$0 US[LSSS US[LSSS
<-0*3$"""f"T"3g[
U H<=CUS[ H-&,'J"<,/**3"=(0&$' USVLSSS USVLSSS
=(0&$'"?'$,"f"TV"3gV
U #HCUSU #'J8&,00(4$' UVVLSSS UVVLSSS
<-0*3$"""f"U`"3g[
U H<=CUSW H-&,'J"<,/**3"=(0&$' ]XLSSS ]XLSSS
=(0&$'"?'$,"f"VTNT"3gV
U HIHCUSU H-&,'J"I'J$' USULSSS USULSSS
?'$,"f"YNT"3gV
#-8&"-)"1%0(8&$6"E@*(G3$%& VL[`WLSSS
*1*&$ LLR\^MRMMM

D77$C(D+36,I(+*,+*3,73J3F,%'$6EC+($F,G3'43F+$'7B,>*3,G3'43F+$'7,D'3,4D63,$G,7+D(FH377
7+33H,+$,4(F(4(K3,H3DC*(F),$G,*3DJ&,43+DH7,+*D+,DGG3C+,%'$6EC+,G$'4D+($FB,>*3,U#$7+,$G

!]/!
!
hFH(7+36,@PE(%43F+V,DCC$EF+7,G$',+*3,C$7+,$G,+*3,7336,G3'43F+$'7,DF6,$+*3',73C$F6D'&
3PE(%43F+,+*D+,(7,F$+,C$F7(63'36,3L%H(C(+H&B,>D1H3,""!Y,6(7%HD&7,+*3,JD'($E7,(+347,$G,+*3
6('3C+,G(L36,CD%(+DH,N2\#O,(FJ37+43F+B,>*3,+$+DH,2\#,G$',D,%HDF+,$G,+*(7,CD%DC(+&,(7,D'$EF6
WX`BX,4(HH($F,$',D%%'$L(4D+3H&,_Be,+(437,+*3,+$+DH,3PE(%43F+,C$7+B

8F-E')YYQL,,\(L36,CD%(+DH,37+(4D+3,7E44D'&,N&3D',.///,%'(C37,(F,h?2OB
?N"A7A?Z">Z?aA"IMHE#A"#79A"KA>I#O
""UN"E@*(G3$%&">*'/:,8$"#-8& UUL`]SLSSS
""VN"M%8&,00,&(-% WLSUTLSSS
""[N">'-/$88">(G(%+ WLU`SLSSS
""WN"M%8&'*3$%&,&(-% [LT`ULSSS
""TN"M%8*0,&(-% [T`LSSS
""XN"E0$/&'(/,08 ULU`]LSSS
""]N"5*(06(%+8 VL[`WLSSS
""YN"b,'6"M3G'-D$3$%& UL]`XLSSS
""`N"?*F(0(,'J"=,/(0(&($8 ULU`]LSSS
A>I#"f [SL]SYLSSS
5N"A7A?Z">Z?aA"MaIMHE#A"#79A"KA>M#O
""USN"E%+(%$$'(%+ ]LX]]LSSS
""UUN"#-%8&'*/&(-% USL]WYLSSS
A>M#"f UYLWVTLSSS
#N"A7A?Z">Z?aA"#79A"KA>#"f"A>I#jA>M#O W`LU[[LSSS
""UVN"#-%&',/&-'k8")$$ VLWT]LSSS
""U[N"#-%&(%+$%/J WL`U[LSSS
KUVjU[O"f ]L[]SLSSS
IN"IMHE#A"=MlEI"#?>MA?Z"KI=#O"A>#jUVjU[ TXLTS[LSSS

>D1H3,""!"/,%'$J(637,D,7E44D'&,$G,+*3,$%3'D+(F),C$7+B,>*3,3PE(%43F+!63%3F63F+,C$7+,(7
+*3,4$7+,(4%$'+DF+,(+340,DCC$EF+(F),G$',_Y^,$G,+*3,$J3'DHH,$%3'D+(F),C$7+B,23%'3C(D+($F,$G,+*3
G(L36,CD%(+DH,(FJ37+43F+,DF6,4D(F+3FDFC3,$G,+*3,GDC(H(+&,D'3,+*3,4D(F,C$F+'(1E+$'7,+$,+*(7,C$7+B
:DI,4D+3'(DH7,DCC$EF+,G$',D'$EF6,"Z^,$G,+*3,$J3'DHH,C$7+B,b$HD7737,(7,+*3,4$7+,3L%3F7(J3,'DI
4D+3'(DH0,DCC$EF+(F),G$',Z.^,$G,+*3,'DI,4D+3'(DH7,C$7+B,>*3,G$HH$I(F),%'(C37,I3'3,D77E436Q
W/B"jT),$G,4$HD77370,W/B/"jT),$G,"/^,IjI,=.?a_,7$HE+($F0,W/B/XjT),$G,#DNa=O,.0,DF6
W/BXj4],$G,%'$C377,ID+3'B,h+(H(+(37,D'3,+*3,+*('6,HD')37+,3L%3F730,DCC$EF+(F),G$',"]BX^,$G,+*3
$J3'DHH,C$7+B,@H3C+'(C(+&,DF6,C*(HH36,ID+3',E+(H(K36,1&,+*3,G3'43F+$'7,D'3,+*3,4D(F,C$F+'(1E+$'7,+$
+*(7,C$7+B,9D1$',H(37,(F,+*3,G$E'+*,%$7(+($F,DF6,+*3,3FJ('$F43F+DH,C$7+,NID7+3,+'3D+43F+j6(7%$7DHO,(7
G(G+*B,2(7%$7DH,EF(+,C$7+7,$G,W"j4],DF6,WX/j"///,T),I3'3,D77E436,G$',H(PE(6,DF6,7$H(6,N)&%7E4
DF6,1($4D77O,ID7+3,7+'3D470,'37%3C+(J3H&B
>*3,$J3'DHH,EF(+,%'$6EC+($F,C$7+,(7,D%%'$L(4D+3H&,W.B.jT)B,>*(7,(7,D1$J3,+*3,CE''3F+
73HH(F),%'(C3,$G,C(+'(C,DC(6B,>*(7,CDF,13,3L%HD(F36,1&,+*3,3LC377,CD%DC(+&,D'$EF6,+*3,I$'H6,DF6,+*3
GDC+,+*D+,4$7+,$%3'D+(F),C(+'(C,DC(6,%HDF+7,D'3,'D+*3',$H6,DF6,%D'+(DHH&,63%'3C(D+36B,;G,63%'3C(D+($F
(7,()F$'360,+*3,3PE(%43F+!63%3F63F+,C$7+,(7,'36EC36,1&,4$'3,+*DF,Z/^,DF6,+*3,$J3'DHH,EF(+,C$7+
6'$%7,+$,D'$EF6,W"B]0,I*(C*,(7,7H()*+H&,13H$I,+*3,73HH(F),%'(C3,$G,C(+'(C,DC(6B

!]"!
!
8F-E')YYQYH,,a%3'D+(F),C$7+,7E44D'&,N&3D',.///,%'(C37OB

"@B8!+8<J QTWD!30 QT5<:9 _


"H,B".,&$'(,08 SNWS [L`W`LSSS U]N]`
"E@*(G3$%& UNS` USLYXXLSSS WYN`X
"Z,R-' SNV] VLXXYLSSS UVNSV
"#-%8*3,R0$8 SNSS U`LSSS SNS`
"Z,R_m#_m? SNSW WSSLSSS UNYS
"Q,8&$"A'&3_I(8G SNU[ ULV`SLSSS TNYU
"1&(0(&($8 SN[S [LSS[LSSS U[NT[
*@8:= O`OO OORL\aRMMM LMM`MM
.>"f".,(%">'-6*/&"f"#?"#'J8&,0
fD736,$F,+*3,%'3H(4(FD'&,3JDHED+($F,$G,+*(7,%'$M3C+,(63D0,$F3,7*$EH6,F$+,'3C$443F6
(FJ37+(F),(F,C(+'(C,DC(6,%'$6EC+($F,EFH377,+*3'3,(7,D,C$41(FD+($F,$G,GDJ$'D1H3,C$F6(+($F7B
a1J($E7H&0,DJD(HD1(H(+&,$G,(F3L%3F7(J3,3PE(%43F+,N3B)B0,1&,DCPE('(F),DF,3L(7+(F),GDC(H(+&O,DF6,'DI
4D+3'(DH7,N1&,H$CD+(F),+*3,%HDF+,F3D',D,7$E'C3,$G,C*3D%,4$HD7737O,D'3,+*3,4$7+,(4%$'+DF+,GDC+$'7B
23J3H$%43F+,$',D6$%+($F,$G,D,7E%3'($',+3C*F$H$)&,4D&,DH7$,C*DF)3,+*3,D++'DC+(J3F377,$G,C(+'(C
DC(6,%'$6EC+($FB,?EC*,D,+3C*F$H$)&,(7,DC+EDHH&,DJD(HD1H3,DF6,E+(H(K37,3L+'DC+($F,G$',C(+'(C,DC(6
'3C$J3'&,N:$13'+70,"YeYOB,:3C$J3'&,1&,3L+'DC+($F,3H(4(FD+37,+*3,C$F7E4%+($F,$G,#DNa=O,.,DF6
=.?a_,DF6,+*3,)3F3'D+($F,$G,+*3,EFIDF+36,#D?a_B,fE+DF$H,*D7,133F,E736,D7,DF,3L+'DC+DF+0,D7,*D7
+'(!1E+&H,%*$7%*D+3B,;$F,%D(',3L+'DC+($F0,E7(F),73C$F6D'&,$',+3'+(D'&,D4(F37,6(77$HJ36,(F,D,ID+3'!
(44(7C(1H3,7$HJ3F+,N3B)B0,$C+&H,DHC$*$HO0,%'$J(637,DF,DH+3'FD+(J3,'$E+3B,R(+*,'3C3F+,63J3H$%43F+7
(F,3H3C+'$6(DH&7(7,4341'DF370,+*3,E73,$G,+*(7,+3C*F(PE3,+$,'3C$J3',C(+'(C,DC(6,6('3C+H&,G'$4,+*3
G3'43F+D+($F,1'$+*,4D&,13C$43,DF,D++'DC+(J3,DH+3'FD+(J3,NfHDFC*,DF6,#HD'T0,"YYeOB,>*3,DFDH&7(7
$G,DF,3L+'DC+($F!1D736,%'$C377,(7,DJD(HD1H3,D7,%D'+,$G,+*3,3LD4%H37,+*D+,D'3,6(7+'(1E+36,I(+*,+*3
634$F7+'D+($F,J3'7($F,$G,?E%3'5'$,237()F3'B

YY5O5=! `C/F,)6,(CE",)1%#2C&0"#,

6,0%#2C&0"#,

;F7EH(F,GDC(H(+D+37,+*3,43+D1$H(74,$G,CD'1$*&6'D+37,DF6,(7,3773F+(DH,G$',+*3,7E%%H&,$G
3F3')&,+$,+*3,C3HH7,$G,+*3,1$6&B,;4%D('36,(F7EH(F,%'$6EC+($F,H3D67,+$,+*3,6(73D73,6(D13+37,43HH(+E70
I*(C*,(7,+*3,+*('6,HD')37+,CDE73,$G,63D+*,(F,(F6E7+'(DH(K36,C$EF+'(37,DG+3',CD'6($JD7CEHD',6(73D737
DF6,CDFC3',NfD'G$360,"YZeOB
=E4DF,(F7EH(F,(7,D,%$H&%3%+(63,C$F7(7+(F),$G,X",D4(F$,DC(67,D''DF)36,(F,+I$,C*D(F7Q,8
I(+*,.",D4(F$,DC(670,DF6,f,C$F7(7+(F),$G,]/,D4(F$,DC(67B,>*3,8,DF6,f,C*D(F7,D'3,C$FF3C+36,1&
+I$,6(7EHG(63,1$F67B,=E4DF,(F7EH(F,*D7,D,4$H3CEHD',I3()*+,$G,X0e]_,DF6,DF,(7$3H3C+'(C,%$(F+,$G
XB_B,=E4DF,(F7EH(F,CDF,13,%'$6EC36,1&,G$E',6(GG3'3F+,43+*$67Q

•" @L+'DC+($F,G'$4,*E4DF,%DFC'3D7B

•" #*34(CDH,7&F+*37(7,J(D,(F6(J(6EDH,D4(F$,DC(67B

!].!
!
•" #$FJ3'7($F,$G,%$'T,(F7EH(F,$',U734(7&F+*37(7BV

•" \3'43F+D+($F,$G,)3F3+(CDHH&,3F)(F33'36,4(C'$$')DF(747B

@L+'DC+($F,G'$4,+*3,*E4DF,%DFC'3D7,CDFF$+,13,%'DC+(C36,6E3,+$,+*3,H(4(+36,DJD(HD1(H(+&,$G
'DI,4D+3'(DHB,>$+DH,7&F+*37(70,I*(H3,+3C*F(CDHH&,G3D7(1H30,(7,F$+,3C$F$4(CDHH&,J(D1H3,6E3,+$,+*3
J3'&,H$I,&(3H6B,5'$6EC+($F,1D736,$F,%$'T,(F7EH(F0,DH7$,TF$IF,D7,U734(7&F+*37(70V,+'DF7G$'47,+*3
%$'C(F3,(F7EH(F,NI*(C*,6(GG3'7,$FH&,(F,$F3,D4(F$,DC(6O,4$H3CEH3,(F+$,DF,3LDC+,'3%H(CD,$G,+*3
*E4DF,(F7EH(F,4$H3CEH3,1&,7E17+(+E+(F),+*3,D4(F$,DC(6,+*'3$F(F3,G$',DHDF(F3,(F,+*3,<!]/,%$7(+($FB
>*(7,+3C*F$H$)&,*D7,133F,63J3H$%36,DF6,(4%H343F+36,1&,g$J$,g$'6(7T,8j?,N23F4D'TOB
=$I3J3'0,+*(7,$%+($F,(7,DH7$,PE(+3,3L%3F7(J3,13CDE73,(+,'3PE('37,+*3,C$HH3C+($F,DF6,%'$C377(F),$G
HD')3,D4$EF+7,$G,%$'C(F3,%DFC'3D737B,;F,D66(+($F0,(+7,7E%%H&,(7,H(4(+36,1&,+*3,DJD(HD1(H(+&,$G
%$'C(F3,%DFC'3D7B
8+,H3D7+,+*'33,DH+3'FD+(J3,+3C*F$H$)(37,*DJ3,133F,63J3H$%36,G$',%'$6EC(F),*E4DF,(F7EH(F
1D736,$F,G3'43F+D+($F,DF6,E+(H(K(F),'3C$41(FDF+,2g8,+3C*F$H$)&,N9D6(7C*,DF6,k$*H4DFF0
"YY.OB
IB#J$+-,)'1%*+#5B,>*(7,ID7,+*3,G('7+,7ECC377GEH,+3C*F(PE3,$G,1($7&F+*3+(C,*E4DF,(F7EH(F
Nf=;O,%'$6EC+($F,1D736,$F,'3C$41(FDF+,2g8,+3C*F$H$)&B,>*(7,+3C*F(PE3,ID7,63J3H$%36,1&
<3F3F+3C*0,;FCB,N?$E+*,?DF,\'DFC(7C$0,#8O,DF6,7CDH36!E%,1&,@H(,9(HH&,DF6,#$B,N;F6(DFD%$H(70,;gOB
@DC*,(F7EH(F,C*D(F,(7,%'$6EC36,D7,D,β!)DHDC+$7(6D73,GE7($F,%'$+3(F,(F,?&$+%",$+,-'$#.,,G$'4(F)
(FCHE7($F,1$6(37B,>*3,+I$,%3%+(63,C*D(F7,D'3,'3C$J3'36,G'$4,+*3,(FCHE7($F,1$6(370,%E'(G(360,DF6
C$41(F36,+$,&(3H6,*E4DF,(F7EH(FB,9D+3'0,+*3,β!)DHDC+$7(6D73,$%3'$F,ID7,'3%HDC36,I(+*,+*3
+'&%+$%*DF,N>'%O,$%3'$F0,'37EH+(F),(F,D,7E17+DF+(DH,&(3H6,(FC'3D73B
4"#,)&/.,)'1%*+#5'K,)*"-$%../.-"LB,>*(7,43+*$6,3H(4(FD+37,+*3,F336,G$',+I$,6(GG3'3F+
G3'43F+D+($F,DF6,%E'(G(CD+($F,+'D(F7,+*D+,+*3,%'3J($E7,$%+($F,'3PE('37B,;F,+*(7,CD730,(F+DC+
%'$(F7EH(F,(7,%'$6EC36,(F7+3D6,$G,+*3,73%D'D+3,8,DF6,f,C*D(F7B,>*3,%'$(F7EH(F,'$E+3,*D7,133F
C$443'C(DH(K36,1&,@H(,9(HH&,DF6,#$B,Nk3*$30,"YZYOB,\()E'3,""!"",7*$I7,+*3,T3&,+'DF7G$'4D+($F
7+3%7B,>*3,?='$#.,,C3HH7,$J3'%'$6EC3,>'%!9@u!b3+!%'$(F7EH(F,(F,+*3,G$'4,$G,(FCHE7($F,1$6(370
I*(C*,D'3,'3C$J3'36,DF6,7$HE1(H(K36B,5'$(F7EH(F,(7,'3H3D736,1&,CH3DJ(F),+*3,43+*($F(F3,H(FT3'
E7(F),#gf'B,>*3,%'$(F7EH(F,C*D(F,(7,7E1M3C+36,+$,D,G$H6(F),%'$C377,+$,DHH$I,(F+3'4$H3CEHD'
6(7EHG(63,1$F67,+$,G$'40,DF6,+*3,#,%3%+(63,(7,+*3F,CH3DJ36,I(+*,3FK&437,+$,&(3H6,*E4DF,(F7EH(FB
8,FE413',$G,C*'$4D+$)'D%*&,DF6,4341'DF3,G(H+'D+($F,7+3%7,D'3,E+(H(K36,+$,%E'(G&,+*3,%'$6EC+B
4"#,)&/.,)'1%*+#5'K&%$"%*%5LB,g$J$,g$'6(7T,8j?,*D7,63J3H$%36,D,+3C*F$H$)&,1D736,$F
&3D7+,C3HH7,+*D+,73C'3+3,(F7EH(F,D7,D,7(F)H3!C*D(F,(F7EH(F,%'3CE'7$',NfD'G$360,"YZeOB,?3C'3+($F
7(4%H(G(37,%'$6EC+,(7$HD+($F,DF6,%E'(G(CD+($FB,>*3,%'3CE'7$',C$F+D(F7,+*3,C$''3C+,6(7EHG(63,1'(6)37
DF6,(7,+*3'3G$'3,(63F+(CDH,+$,+*$73,$G,(F7EH(FB,;+,(7,C$FJ3'+36,+$,*E4DF,(F7EH(F,1&,+'DF7%3%+(6D+($F
(F,$')DF(C,7$HJ3F+,(F,+*3,%'373FC3,$G,D,+*'3$F(F3,37+3',DF6,+'&%7(F,G$HH$I36,1&,63!37+3'(G(CD+($FB
8F$+*3',D6JDF+D)3,$G,+*(7,+3C*F$H$)&,(7,+*3,D1(H(+&,+$,'3E73,+*3,C3HH7,1&,34%H$&(F),D,C$F+(FE$E7
1($'3DC+$'!C3HH,73%D'D+$',H$$%B
;F,+*(7,3LD4%H30,I3,DFDH&K3,D,%'$C377,1D736,$F,+*3,(F+'DC3HHEHD',%'$(F7EH(F,43+*$60,I*(C*
*D7,133F,C$443'C(DH(K36,1&,@H(,9(HH&,DF6,#$B

!]]!
!
2C@J:BB
#$00":,'D$8&(%+
#$00"6(8'*G&(-%
+7;=>BC@7!2@AC<B
M5"'$/-D$'J
M5"6(88-0*&(-%

*9SX$#uX3<8X 09@C7B>=C7
#a5' /0$,D,+$

09@C7B>=C7 K>7b@=A<AP
7F(6,&(D$ 8*0)(&-0J8(8

09@C7B>=C7X))1Z

=-06(%+L"9C9"R-%6")-'3,&(-%

09@C7B>=C7 K9<b@=A<AP

E%4J3,&(/"/-%D$'8(-%

+7B>=C7!K;9>A<P
>*'()(/,&(-%

0>9CbC<A!%>J:7!+7B>=C7

R"+C%')YYQYY,,=E4DF,(F7EH(F,G'$4,%'$(F7EH(F,GE7($F,%'$+3(FB

@F%X'0)A,FE.("()F,2)*'("+,)!F("(

>*3,CE''3F+,I$'H6,634DF6,G$',(F7EH(F,(7,(F,+*3,'DF)3,$G,"X0///,+$,.X0///,T),%3',&3D',DF6
(+,(7,)'$I(F),D+,DF,DFFEDH,'D+3,$G,X^,+$,`^,N2D+D',DF6,:$73F0,"YY/[,53+'(637,3+,DHB0,"YYXOB,>*3
%HDF+,DFDH&K36,(F,+*(7,3LD4%H3,*D7,D,CD%DC(+&,$G,D'$EF6,"0Z//,T),$G,%E'(G(36,1($7&F+*3+(C,*E4DF
(F7EH(F,Nf=;O,%3',&3D'B,>*(7,(7,D,'3HD+(J3H&,HD')3,%HDF+,G$',%'$6EC(F),%$H&%3%+(63!1D736
1($%*D'4DC3E+(CDH7B,>*3,%HDF+,$%3'D+37,D'$EF6,+*3,CH$CT,G$',]]/,6D&7,D,&3D'B,8,F3I,1D+C*,(7
(F(+(D+36,3J3'&,_Z,*$E'7,'37EH+(F),(F,"`/,1D+C*37,%3',&3D'B,,>*3,G3'43F+D+($F,1'$+*,J$HE43,%3'
1D+C*,(7,D%%'$L(4D+3H&,]eBX,4]B

1%#&'(()*'(&%"$0"#,

>*3,3F+('3,GH$I7*33+,G$',+*3,%'$6EC+($F,$G,f=;,(7,7*$IF,(F,\()E'3,""!".B,;+,(7,6(J(636
(F+$,G$E',73C+($F7Q,"O,\3'43F+D+($F0,.O,5'(4D'&,:3C$J3'&0,]O,:3DC+($F70,DF6,_O,\(FDH,5E'(G(CD+($FB
g$+3,!,D,U73C+($FV,(F,?E%3'5'$,(7,7(4%H&,D,73+,$G,EF(+,%'$C36E'37,N%'$C377(F),7+3%7OB,;G,&$E,$%3F
+*3,C$4%E+3',G(H3,NU(F7EH(FB7%GVO,E7(F),?E%3'5'$0,&$E,I(HH,733,+*D+,+*3,EF(+,%'$C36E'37,(F,3DC*
73C+($F,*DJ3,+*3(',$IF,6(7+(FC+(J3,C$H$',N1HE30,)'33F0,%E'%H30,DF6,1HDCT,G$',\3'43F+D+($F0,5'(4D'&
:3C$J3'&0,:3DC+($F70,DF6,\(FDH,5E'(G(CD+($F0,'37%3C+(J3H&OB

!]_!
!
!]X!
!
\3'43F+D+($F,?3C+($F
\3'43F+D+($F,436(D,D'3,%'3%D'36,(F,D,7+D(FH377,7+33H,+DFT,NA!"/"O,DF6,7+3'(H(K36,(F,D
C$F+(FE$E7,*3D+,7+3'(H(K3',N?>!"/"OB,>*3,DL(DH,C$4%'377$',N<!"/"O,DF6,+*3,D17$HE+3,G(H+3',N8\!
"/"O,%'$J(63,7+3'(H3,D(',DF6,D44$F(D,+$,+*3,G3'43F+$',D+,DF,DJ3'D)3,'D+3,$G,/BX,AAbB,,8,+I$!7+3%
7336,G3'43F+$',+'D(F,NF$+,7*$IF,(F,+*3,GH$I7*33+O,(7,E736,+$,(F$CEHD+3,+*3,X/,4],%'$6EC+($F
G3'43F+$',NA!"/.O,I(+*,+'DF7G$'436,?='$#.,,C3HH7B,,>*373,C3HH7,D'3,E736,+$,%'$6EC3,+*3,>'%!9@u!
b@>!%'$(F7EH(F,%'3CE'7$',$G,(F7EH(F0,I*(C*,(7,'3+D(F36,(F,+*3,C3HHEHD',1($4D77B,>*3,G3'43F+D+($F
+(43,(F,+*3,%'$6EC+($F,G3'43F+$',(7,D1$E+,"Z,*$E'70,DF6,+*3,G3'43F+D+($F,+34%3'D+E'3,(7,]e,$#B
>*3,G(FDH,C$FC3F+'D+($F,$G,?='$#.,,(F,+*3,%'$6EC+($F,G3'43F+$',(7,D1$E+,]/,)jH(+3',N6'&,C3HH,I3()*+OB
>*3,>'%,$%3'$F,(7,+E'F36,$F,I*3F,+*3,?='$#.,,G3'43F+D+($F,'EF7,$E+,$G,+'&%+$%*DFB,>*3,C*(43'(C
%'$+3(F,>'%!9@u!b@>!%'$(F7EH(F,DCCE4EHD+37,(F+'DC3HHEHD'H&,D7,(F7$HE1H3,D))'3)D+37,N(FCHE7($F
1$6(37O,DF6,+*(7,63C'3D737,+*3,'D+3,D+,I*(C*,+*3,%'$+3(F,(7,63)'D636,1&,%'$+3$H&+(C,3FK&437B,;F,+*3
1D73,CD730,(+,ID7,D77E436,+*D+,+*3,(FCHE7($F,1$6(37,N;fc7O,C$F7+(+E+3,./^,$G,+$+DH,6'&,C3HH,4D77B
8+,+*3,3F6,$G,G3'43F+D+($F0,+*3,1'$+*,(7,C$$H36,6$IF,+$,"/,$#,+$,4(F(4(K3,C3HH,H&7(7B,8G+3'
C$4%H3+(F),3DC*,%'$C377(F),7+3%,(F,+*3,\3'43F+D+($F,?3C+($F,NDF6,7E173PE3F+,73C+($F7O0,+*3
3PE(%43F+,(7,ID7*36,(F,$'63',+$,%'3%D'3,G$',+*3,F3L+,1D+C*,$G,%'$6EC+B
5'(4D'&,:3C$J3'&,?3C+($F
8G+3',+*3,3F6,$G,G3'43F+D+($F0,+*3,1'$+*,(7,+'DF7G3''36,(F+$,D,7E')3,+DFT,NA!"/`O,I*(C*
(7$HD+37,+*3,E%7+'3D4,G'$4,+*3,6$IF7+'3D4,73C+($F,$G,+*3,%HDF+B,>*'33,6(7T,7+DCT,C3F+'(GE)37,N2?!
"/"O,$%3'D+(F),(F,%D'DHH3H,D'3,E736,G$',C3HH,*D'J37+(F)B,5H3D73,F$+3,+*D+,D,7(F)H3,EF(+,%'$C36E'3
(C$F,$F,+*3,7C'33F,$G,?E%3'5'$,4D&,'3%'373F+,4EH+(%H3,3PE(%43F+,(+347,$%3'D+(F),(F,%D'DHH3H,N+$
733,+*3,FE413',$G,3PE(%43F+,(+347,D,%D'+(CEHD',(C$F,'3%'373F+70,'()*+!CH(CT,$F,+*3,(C$F0,)$,+$
@PE(%43F+,2D+D0,DF6,H$$T,D+,+*3,UgE413',$G,hF(+7V,G(3H6,$F,+*3,@PE(%43F+,+D1OB,2E'(F)
C3F+'(GE)D+($F0,+*3,1'$+*,(7,C$FC3F+'D+36,G'$4,]e0///,9,+$,Y0"`X,90,DF6,4$7+,$G,+*3,3L+'DC3HHEHD'
(4%E'(+(37,D'3,'34$J36B,>*3,C3HH,'3C$J3'&,&(3H6,(7,YZ^B,>*3,C3HH,7HE6)3,(7,6(HE+36,I(+*,DF,3PEDH
J$HE43,$G,1EGG3',7$HE+($F,N1EGG3',C$4%$7(+($FQ,Y`B_^,IjI,R\;,NID+3',G$',(FM3C+($FO0,/Be^
@2>80,DF6,.BY^,>:;?!fD73,O,E7(F),D,1H3F6(F),+DFT,NA!"/YOB,>*3,1EGG3',GDC(H(+D+37,+*3,73%D'D+($F
$G,+*3,C3HH,631'(7,%D'+(CH37,G'$4,(FCHE7($F,1$6(37B,g3L+0,D,*()*,%'377E'3,*$4$)3F(K3',N=<!"/"O,(7
E736,+$,1'3DT,+*3,C3HH7,DF6,'3H3D73,+*3,(FCHE7($F,1$6(37B,>*3,1'$+*,EF63')$37,+*'33,%D7737,EF63',D
%'377E'3,6'$%,$G,Z//,1D'B,>*3,3L(+,+34%3'D+E'3,(7,4D(F+D(F36,D+,D'$EF6,"/,$#B,>*3,7D43
C3F+'(GE)37,D7,13G$'3,N2?!"/"O,D'3,+*3F,E736,G$',(FCHE7($F,1$6&,'3C$J3'&,N5!"]OB,>*3,'3E73,$G
+*373,C3F+'(GE)37,CDF,13,733F,1&,+*3,GDC+,+*D+,%'$C36E'37,5!Y,DF6,5!"],*DJ3,+*3,7D43,3PE(%43F+
FD430,2?!"/"B,>*3,;fc7,D'3,'3C$J3'36,(F,+*3,*3DJ&,%*D73,NI(+*,D,&(3H6,$G,YZ^O,I*(H3,4$7+,$G,+*3
C3HH,631'(7,%D'+(CH37,'34D(F,(F,+*3,H()*+,%*D73B,>*(7,(7,%$77(1H3,13CDE73,+*3,63F7(+&,N"B],)jC4]O,DF6

!]`!
!
7(K3,N6(D43+3',CDB,",4(C'$FO,$G,+*3,;fc7,D'3,7()F(G(CDF+H&,)'3D+3',+*DF,+*D+,$G,+*3,C3HH,631'(7
%D'+(CH37B,>*3,;f,7HE6)30,I*(C*,C$F+D(F7,D%%'$L(4D+3H&,./^,7$H(67,IjI0,(7,ID7*36,I(+*,R\;
C$F+D(F(F),/B``^,IjI,>'(+$F!l!"//,63+3')3F+,N+*3,J$HE43,$G,7$HE+($F,(7,.,+(437,+*3,J$HE43,$G
(FCHE7($F,1$6&,7HE6)3O,DF6,'3C3F+'(GE)36,N5!"_O,E7(F),+*3,7D43,C3F+'(GE)37,D7,13G$'3,N2?!"/"OB
>*3,63+3')3F+,7$HE+($F,GDC(H(+D+37,%E'(G(CD+($F,N6(77$C(D+($F,$G,631'(7,DF6,7$HE1H3,%'$+3(F7,G'$4
(FCHE7($F,1$6(37OB,>*3,3L(+,+34%3'D+E'3,(7,4D(F+D(F36,D+,"/,$#B,>*3,7HE''&,J$HE43,D+,+*3,3F6,$G
+*3,%'(4D'&,'3C$J3'&,73C+($F,(7,D'$EF6,"0_//,9B
:3DC+($F7,?3C+($F
6)$./&,#)'M#5('3#./2,.,N-*,#)B,>*3,(FCHE7($F,1$6&,7E7%3F7($F,(7,+'DF7G3''36,+$,D,)HD77!
H(F36)'3DC+($F,+DFT,NA!"/]O,DF6,(7,4(L36,I(+*,E'3D,DF6,.!43'CD%+$3+*DF$H,+$,G(FDH,C$FC3F+'D+($F7
$G,]//,)j9,NX,bO,DF6,_/,)j90,'37%3C+(J3H&B,h'3D,(7,D,C*D$+'$%(C,D)3F+,+*D+,6(77$HJ37,+*3,63FD+E'36
%'$+3(F,(F,+*3,(FCHE7($F,1$6(37,DF6,.!43'CD%+$3+*DF$H,(7,D,'36EC+DF+,+*D+,'36EC37,6(7EHG(63,1$F67B
8,'3DC+($F,+(43,$G,Z,*$E'7,(7,'3PE('36,+$,'3DC*,D,7$HE1(H(KD+($F,&(3H6,$G,YX^B,>*3,(FCHE7($F,1$6(37
D'3,C$4%$736,$G,Z/^,IjI,>'%!9@u!b3+!%'$(F7EH(F0,I(+*,+*3,'34D(F63',13(F),$+*3',NC$F+D4(FDF+O
%'$+3(F7B,8G+3',+*3,3F6,$G,+*3,7$HE1(H(KD+($F,'3DC+($F0,E'3D,DF6,.!43'CD%+$3+*DF$H,D'3,'3%HDC36
I(+*,R\;)DF6,+*3,7$HE+($F,(7,C$FC3F+'D+36,E7(F),D,6(DG(H+'D+($F,EF(+,N2\!"/"OB,>*(7,$%3'D+($F,(7
%3'G$'436,(F,`,*$E'7,I(+*,D,'3C$J3'&,&(3H6,$G,YZ^B,8HH,'34D(F(F),G(F3,%D'+(CH37,N1($4D770,631'(70
DF6,(FCHE7($F,1$6(37O,D'3,'34$J36,E7(F),D,%$H(7*(F),63D6!3F6,G(H+3',N2@!"/"OB,>*(7,%$H(7*(F)
G(H+3',%'$+3C+7,+*3,C*'$4D+$)'D%*(C,EF(+7,+*D+,D'3,E736,GE'+*3',6$IF7+'3D4B,>*3,7$HE+($F,J$HE43,D+
+*(7,%$(F+,(7,D'$EF6,X0.//,9B
9OM"'$.%-8-:%B,>*3,C*(43'(C,%'$+3(F,(7,CH3DJ36,I(+*,#gf',NC&DF$)3F,1'$4(63O,(F+$,+*3
7()FDH,73PE3FC3,>'%!9@u!b3+0,I*(C*,C$F+D(F7,".",D4(F$,DC(670,DF6,+*3,63FD+E'36,%'$(F7EH(F,NZ.
D4(F$,DC(67O,(F,+*3,7D43,'3DC+$',NA!"/]O,+*D+,ID7,E736,G$',;f,7$HE1(H(KD+($FB,>*3,'3DC+($F,(7
CD''(36,$E+,(F,D,e/^,G$'4(C,DC(6,7$HE+($F,C$F+D(F(F),]/!G$H6,4$HD',3LC377,#gf'
N7+$(C*($43+'(CDHH&0,$F3,4$H3,$G,#gf',(7,'3PE('36,%3',4$H3,$G,>'%!9@u!b3+!%'$(F7EH(FOB,>*3
'3DC+($F,+DT37,".,*$E'7,D+,./,$#,DF6,'3DC*37,D,&(3H6,$G,YX^B,>*3,4D77,$G,+*3,'3H3D736,%'$(F7EH(F
(7,D%%'$L(4D+3H&,]/^,$G,+*3,4D77,$G,>'%!9@u!b3+!%'$(F7EH(FB,8,74DHH,D4$EF+,$G,C&DF(63,)D7,(7
G$'436,D7,D,1&!%'$6EC+,$G,+*3,CH3DJD)3,'3DC+($FB,23+D(H36,(FG$'4D+($F,$F,#gf',CH3DJD)3,(7
DJD(HD1H3,(F,+*3,%D+3F+,H(+3'D+E'3,NhB?B,5D+3F+,g$B,_0_X"0]Y`0,"YZ_BOB,,>*3,G$'4(C,DC(60,EF'3DC+36
#gf'0,DF6,)3F3'D+36,C&DF(63,)D7,D'3,'34$J36,1&,D%%H&(F),JDCEE4,DF6,'D(7(F),+*3,+34%3'D+E'3,+$
D'$EF6,]X,$#,N+*3,1$(H(F),%$(F+,$G,#gf'OB,>*(7,$%3'D+($F,(7,CD''(36,$E+,(F,D,'$+D'&,JDCEE4
3JD%$'D+$',N#?5!"/"O,DF6,+DT37,",*$E'B,?(FC3,C&DF(63,)D7,(7,+$L(C0,DHH,D(',3L*DE7+36,G'$4,+*3
J3773H7,(7,7C'E1136,I(+*,D,7$HE+($F,$G,*&%$C*H$'(+30,I*(C*,(7,%'3%D'36,DF6,4D(F+D(F36,(F,7(+E
Nk3*$30,"YZYOB
3/.0,*#.(&,&B,?EHG(+$H&7(7,$G,+*3,63FD+E'36,%'$(F7EH(F,+DT37,%HDC3,(F,D,'3DC+($F,+DFT,NA!"/XO
EF63',DHTDH(F3,C$F6(+($F7,N%=,Y!""OB,>*(7,$%3'D+($F,(7,637()F36,+$,EFG$H6,%'$(F7EH(F0,1'3DT,DF&
6(7EHG(63,1$F670,DF6,D66,?a],4$(3+(37,+$,DHH,7EHGE','37(6E37,$F,+*3,C&7+3(F37B,>*3,%'$6EC+,$G

!]e!
!
(F+3'37+,(7,*E4DF,%'$(F7EH(FN?!?a]!O`,N%'$+3(F!?!7EHG$FD+3OB,>*3,7EHG(+$H&7(7,7+3%,(7,F3C377D'&,G$'
+I$,'3D7$F7Q,N"O,+*3,%'$(F7EH(F,(7,%'$1D1H&,F$+,G$H636,(F,+*3,C$''3C+,C$FG()E'D+($F,I*3F,3L%'37736
(F,?='$#.,,D7,%D'+,$G,D,GE7($F,%'$+3(F0,DF6,N.O,+*3,C&DF$)3F,1'$4(63,+'3D+43F+,+3F67,+$,1'3DT
3L(7+(F),6(7EHG(63,1$F67B,>*3,G(FDH,7EHG(+$H&7(7,4(L+E'3,C$F+D(F7,X/^,IjI,)EDF(6(F3v=#H,N`,bO0
/B]X^,D44$F(E4,1(CD'1$FD+3,Ng=_=#a]O0,]^,gD.?a],DF6,"BX^,gD.a`?_,NhB?B,5D+3F+,g$B
_0Y.]0Y`e0,"YY/OB,8,'3DC+($F,+(43,$G,".,*$E'7,(7,'3PE('36,+$,'3DC*,D,&(3H6,$G,YX^B,>*3,%'373FC3
$G,+*3,63FD+E'(F),'3D)3F+,N)EDF(6(F3v=#HO,%'3J3F+7,'3G$H6(F),DF6,C'$77!G$H6(F),$G,+*3,7D43
%'$+3(F,4$H3CEH3,$F+$,(+73HG,$',+I$,73%D'D+3,%'$+3(F,4$H3CEH37,$F+$,3DC*,$+*3'B,h'3D,4D&,DH7$,13
E736,D7,D,63FD+E'(F),'3D)3F+B,8G+3',+*3,C$4%H3+($F,$G,+*3,7EHG(+$H&7(7,'3DC+($F0,+*3,7EHG(+$H&7(7
7$HE+($F,(7,3LC*DF)36,I(+*,R\;,+$,D,G(FDH,)EDF(6(F3v=#H,C$FC3F+'D+($F,$G,./^,IjIB,>*(7
%'$C36E'30,5!."0,E+(H(K37,+*3,2\!"/",6(DG(H+3',+*D+,DH7$,*DF6H37,1EGG3',3LC*DF)3,DG+3',;f
7$HE1(H(KD+($FB,>*3,*E4DF,%'$(F7EH(FN?!?a]!O`,(7,+*3F,C*'$4D+$)'D%*(CDHH&,%E'(G(36,E7(F),+*'33
($F!3LC*DF)3,C$HE4F7,N#!"/"O,$%3'D+(F),(F,%D'DHH3HB,@DC*,C$HE4F,*D7,D,6(D43+3',$G,"_/,C4,DF6,D
136,*3()*+,$G,.X,C4B,8,CD+($F,3LC*DF)3,'37(F,(7,E736,N?5,?3%*D'$73,\D7+,\H$I,G'$4,843'7*D4!
5*D'4DC(D,f($+3C*O,$%3'D+(F),D+,%=,_B/B,>*3,3HEDF+,7$HE+($F,C$F+D(F7Q,`YBX,^,IjI,R\;0,.Y^
E'3D0,DF6,"BX^,gD#HB,h'3D0,D,63FD+E'(F),D)3F+0,(7,E736,+$,%'3J3F+,(FC$''3C+,'3G$H6(F),DF6,C'$77!
G$H6(F),$G,%'$(F7EH(FN?!?a]!O`B,>*3,G$HH$I(F),$%3'D+(F),D77E4%+($F7,I3'3,4D63Q,N"O,+*3,C$HE4F
(7,3PE(H(1'D+36,G$',]/,4(FE+37,%'($',+$,H$D6(F)0,N.O,+*3,+$+DH,'37(F,1(F6(F),CD%DC(+&,(7,./,4)j4H0,N]O
+*3,3HEDF+,J$HE43,(7,3PEDH,+$,X,C$HE4F,J$HE437,N#Ac7O0,N_O,+*3,+$+DH,J$HE43,$G,+*3,7$HE+($F7,G$'
C$HE4F,ID7*0,'3)3F3'D+($F,DF6,7+$'D)3,(7,"X,#Ac70,DF6,NXO,+*3,%'$+3(F,$G,(F+3'37+,(7,'3C$J3'36,(F
"BX,#Ac7,$G,3HEDF+,1EGG3',I(+*,D,'3C$J3'&,&(3H6,$G,Y/^B
7%0#.5,):B,>*(7,$%3'D+($F,CD+DH&K37,+*3,'34$JDH,$G,+*3,?a],4$(3+&,DF6,+*3F,DHH$I7
6(7EHG(63,1$F6,G$'4D+($F,DF6,C$''3C+,'3G$H6(F),$G,+*3,%'$(F7EH(F,+$,(+7,FD+(J3,G$'4B,;+,+DT37,%HDC3
(F,D,'3DC+($F,+DFT,NA!"/eOB,>*(7,%'$C377,7+3%,(FJ$HJ37,+'3D+43F+,I(+*,43'CD%+$3+*DF$H0,D
'36EC+DF+,+*D+,GDC(H(+D+37,+*3,6(7EHG(63,(F+3'C*DF)3,'3DC+($FB,;+,(7,D6636,D+,D,'D+($,$G,"BX,4$H,$G
43'CD%+$3+*DF$H,,+$,",4$H,$G,?a]B,2(HE+($F,+$,D,%'$(F7EH(FN?!?a]!O`,C$FC3F+'D+($F,$G,H377,+*DF,"
)j9,(7,'3PE('36,+$,%'3J3F+,C'$77!G$H6(F),$G,%'$(F7EH(F,4$H3CEH37B,>*3,'3DC+($F,(7,CD''(36,$E+,D+,Z
$#,G$',".,*$E'7,DF6,'3DC*37,D,&(3H6,$G,ZX^B,8G+3',C$4%H3+($F,$G,+*3,'3G$H6(F),7+3%0,+*3,'3G$H6(F)
'3D)3F+7,D'3,'3%HDC36,I(+*,R\;,DF6,+*3,%'$+3(F,7$HE+($F,(7,C$FC3F+'D+36,E7(F),D,6(DG(H+'D+($F,EF(+
N2\!"/]O,I*(C*,*D7,D,%'$6EC+,'3C$J3'&,&(3H6,$G,YX^,NX^,$G,+*3,%'$+3(F,63FD+E'37OB,>*3,J$HE43
$G,+*3,7$HE+($F,D+,+*(7,%$(F+,(7,D'$EF6,X0///,9B,g3L+0,+*3,*E4DF,%'$(F7EH(F,(7,C*'$4D+$)'D%*(CDHH&
%E'(G(36,(F,D,*&6'$%*$1(C,(F+3'DC+($F,C*'$4D+$)'D%*&,C$HE4F,N#!"/.OB,>*3,G$HH$I(F),$%3'D+(F)
D77E4%+($F7,I3'3,4D63Q,N"O,+*3,C$HE4F,(7,3PE(H(1'D+36,G$',]/,4(FE+37,%'($',+$,H$D6(F)0,N.O,+*3
+$+DH,'37(F,1(F6(F),CD%DC(+&,(7,./,4)j4H0,N]O,+*3,3HEDF+,J$HE43,(7,3PEDH,+$,`,C$HE4F,J$HE437
N#Ac7O0,N_O,+*3,+$+DH,J$HE43,$G,+*3,7$HE+($F7,G$',C$HE4F,ID7*0,'3)3F3'D+($F,DF6,7+$'D)3,(7,"X
#Ac70,NXO,+*3,%'$+3(F,$G,(F+3'37+,(7,'3C$J3'36,(F,",#A,$G,3HEDF+,1EGG3',I(+*,D,'3C$J3'&,&(3H6,$G

!]Z!
!
Y/^0,DF6,N`O,+*3,4D+3'(DH,$G,D,1D+C*,(7,*DF6H36,(F,+*'33,C&CH37B
?)N(1-*,$'$#)8%"&,#)B,>*3,'34$JDH,$G,+*3,#!%3%+(63,G'$4,*E4DF,%'$(F7EH(F,(7,CD''(36
$E+,3FK&4D+(CDHH&,NE7(F),+'&%7(F,DF6,CD'1$L&%3%+(6D73,fO,(F,D,'3DC+($F,+DFT,NA!"/ZOB,>'&%7(F
CH3DJ37,D+,+*3,CD'1$L&,+3'4(FDH,$G,(F+3'FDH,H&7(F3,DF6,D')(F(F3,'37(6E370,DF6,CD'1$L&%3%+(6D73,f
'34$J37,+3'4(FDH,D4(F$,DC(67B,>*3,D4$EF+,$G,+'&%7(F,E736,(7,'D+3!H(4(+(F),DF6,DHH$I7,(F+DC+
*E4DF,(F7EH(F,+$,13,G$'436B,#D'1$L(%3%+(6D73,(7,D6636,+$,D,G(FDH,C$FC3F+'D+($F,$G,_,4)jH(+3'0
I*(H3,+'&%7(F,(7,D6636,+$,D,G(FDH,C$FC3F+'D+($F,$G,",4)jH(+3'B,>*3,'3DC+($F,+DT37,%HDC3,D+,]/,$#,G$'
_,*$E'7,DF6,'3DC*37,D,C$FJ3'7($F,&(3H6,$G,YX^B,>*3,J$HE43,$G,+*3,7$HE+($F,D+,+*(7,%$(F+,(7,D'$EF6
_0]//,9B
\(FDH,5E'(G(CD+($F,?3C+($F
8,%E'(G(CD+($F,73PE3FC3,1D736,$F,4EH+(4$6DH,C*'$4D+$)'D%*&0,I*(C*,3L%H$(+7
6(GG3'3FC37,(F,4$H3CEHD',C*D')30,7(K30,DF6,*&6'$%*$1(C(+&0,(7,E736,+$,(7$HD+3,1($7&F+*3+(C,*E4DF
(F7EH(FB,8,637C'(%+($F,$G,DHH,+*3,%E'(G(CD+($F,7+3%7,G$HH$I7B
>*3,3FK&4D+(C,C$FJ3'7($F,7$HE+($F,(7,3LC*DF)36,I(+*,R\;,DF6,C$FC3F+'D+36,1&,D,GDC+$'
$G,_,(F,D,6(DG(H+3',N2\!"/]OB,8F,($F,3LC*DF)3,C$HE4F,N#!"/]O,(7,E736,+$,%E'(G&,+*3,(F7EH(F
7$HE+($FB,>*3,G$HH$I(F),$%3'D+(F),D77E4%+($F7,I3'3,4D63Q,N"O,+*3,C$HE4F,(7,3PE(H(1'D+36,G$',]/
4(FE+37,%'($',+$,H$D6(F)0,N.O,+*3,+$+DH,'37(F,1(F6(F),CD%DC(+&,(7,./,4)j4H0,N]O,+*3,3HEDF+,J$HE43,(7
3PEDH,+$,Z,#Ac7,DF6,+*3,3HEDF+,(7,D,""BX,^,IjI,7$HE+($F,$G,gD#H,(F,R\;0,N_O,+*3,+$+DH,J$HE43,$G
+*3,7$HE+($F7,G$',C$HE4F,ID7*0,'3)3F3'D+($F,DF6,7+$'D)3,(7,"_,#Ac70,NXO,,+*3,%'$+3(F,$G,(F+3'37+,(7
'3C$J3'36,(F,"BX,#A,$G,3HEDF+,1EGG3',I(+*,D,'3C$J3'&,&(3H6,$G,YX^0,DF6,N`O,+*3,4D+3'(DH,G'$4,3DC*
1D+C*,(7,*DF6H36,(F,G$E',C&CH37B,>*3,H(PE(6,J$HE43,D+,+*(7,%$(F+,(7,D'$EF6,"0"//,9B
g3L+0,+*3,($F,3LC*DF)3,3HEDF+,7$HE+($F,(7,3LC*DF)36,I(+*,R\;,(F,D,6(DG(H+3',N2\!"/XO,DF6
(7,C$FC3F+'D+36,1&,D,GDC+$',$G,.B/B,8,'3C$J3'&,&(3H6,$G,YZ^,ID7,D77E436,G$',+*(7,7+3%,N.^
63FD+E'37OB
>*3,%E'(G(CD+($F,$G,+*3,(F7EH(F,7$HE+($F,%'$C3367,I(+*,D,'3J3'73,%*D73,*()*!%'377E'3!
H(PE(6!C*'$4D+$)'D%*&,N:5!=59#O,7+3%,N#!"/_OB,23+D(H36,(FG$'4D+($F,$F,+*3,E73,$G,:5!=59#
G$',(F7EH(F,%E'(G(CD+($F,(7,DJD(HD1H3,(F,+*3,H(+3'D+E'3B,8FDH&+(CDH,7+E6(37,I(+*,D,JD'(3+&,$G,'3J3'736!
%*D73,7&7+347,*DJ3,7*$IF,+*D+,DF,DC(6(C,4$1(H3,%*D73,CDF,%'$J(63,3LC3HH3F+,'37$HE+($F,$G,(F7EH(F
G'$4,7+'EC+E'DHH&,7(4(HD',(F7EH(F!H(T3,C$4%$F3F+7B,b(F$',4$6(G(CD+($F7,(F,+*3,(F7EH(F,4$H3CEH3
'37EH+(F),(F,4$F$637D4(6$,G$'4D+($F,D+,+*3,."7+,D4(F$,DC(6,$G,+*3,8,C*D(F0,$',63'(JD+(KD+($F,$G
D4(F37,J(D,CD'1D4$&HD+($F,$',G$'4&HD+($F0,'37EH+,(F,(F7EH(F,63'(JD+(J37,I*(C*,*DJ3,7()F(G(CDF+H&
(FC'3D736,'3+3F+($FB,23'(JD+(J37,$G,+*(7,FD+E'3,D'3,+&%(CDH,$G,+*3,T(F6,$G,(F7EH(F!H(T3,C$4%$F3F+7
+*D+,D'3,G$EF6,(F,+*3,C*D')3,7+'3D4,)$(F),(F+$,+*3,'3J3'736!%*D73,%E'(G(CD+($FB,>*3,E73,$G,DF
DC(6(C,4$1(H3,%*D73,'37EH+7,(F,3HE+($F,$G,DHH,+*3,63'(JD+(J37,DG+3',+*3,(F7EH(F,%3DT0,I*(H3,+*3,E73,$G
4(H6H&,DHTDH(F3,%=,'37EH+7,(F,63'(JD+(J37,3HE+36,$F,3(+*3',7(63,$G,+*3,%D'3F+,(F7EH(F,%3DTB,8F,(63DH
%=,G$',(F7EH(F,%E'(G(CD+($F,(7,(F,+*3,'3)($F,$G,]B/!_B/0,7(FC3,+*(7,%=,'DF)3,(7,GD',3F$E)*,13H$I,+*3

!]Y!
!
(7$3H3C+'(C,%=,$G,XB_,+$,%'$J(63,G$',)$$6,(F7EH(F,7$HE1(H(+&B,8F,3HEDF+,1EGG3',I(+*,DF,DC3+(C,DC(6
C$FC3F+'D+($F,$G,/B.X,b,433+7,+*373,$%3'D+($FDH,C'(+3'(D,7(FC3,(+,(7,C$4%D+(1H3,I(+*,+*3
C*'$4D+$)'D%*&,DF6,%'$J(637,)$$6,(F7EH(F,7$HE1(H(+&B,8,Y/^,(F7EH(F,&(3H6,ID7,D77E436,(F,+*3
:5!=59#,7+3%,I(+*,+*3,G$HH$I(F),$%3'D+(F),C$F6(+($F7Q,N"O,+*3,C$HE4F,(7,3PE(H(1'D+36,G$',]/
4(FE+37,%'($',+$,H$D6(F)0,N.O,+*3,+$+DH,'37(F,1(F6(F),CD%DC(+&,(7,"X,4)j4H0,N]O,+*3,C$HE4F,*3()*+,(7
.X,C40,N_O,+*3,3HEDF+,J$HE43,(7,3PEDH,+$,`,#A7,DF6,(+7,C$4%$7(+($F,(7,.X^,IjI,DC3+$F(+'(H30,"BX^
IjI,DC3+(C,DC(6,e]BX^,IjI,R\;0,NXO,+*3,+$+DH,J$HE43,$G,+*3,7$HE+($F7,G$',C$HE4F,ID7*0
3PE(H(1'D+($F0,'3)3F3'D+($F,DF6,7+$'D)3,(7,`,#A70,DF6,NXO,+*3,%'$+3(F,$G,(F+3'37+,(7,'3C$J3'36,(F,"
#A,$G,3HEDF+,1EGG3',I(+*,D,'3C$J3'&,&(3H6,$G,Y/^B
>*3,:5!=59#,1EGG3',(7,3LC*DF)36,I(+*,R\;,DF6,C$FC3F+'D+36,1&,D,GDC+$',$G,.B/,(F,D
6(DG(H+3',N2\!"/XO,+*D+,*D7,D,%'$6EC+,'3C$J3'&,&(3H6,$G,YZ^,N.^,63FD+E'37OB,5E'(G(CD+($F,(7
C$4%H3+36,1&,D,)3H,G(H+'D+($F,C*'$4D+$)'D%*&,C$HE4F,N#!"/XOB,,>*3,G$HH$I(F),$%3'D+(F)
D77E4%+($F7,I3'3,4D63Q,N"O,+*3,C$HE4F,(7,3PE(H(1'D+36,G$',]/,4(FE+37,%'($',+$,H$D6(F)0,N.O,+*3
7D4%H3,J$HE43,(7,3PEDH,+$,X^,$G,+*3,C$HE4F,J$HE430,N]O,+*3,3HEDF+,J$HE43,(7,3PEDH,+$,_,#Ac70
N_O,+*3,+$+DH,J$HE43,$G,+*3,7$HE+($F7,G$',C$HE4F,ID7*0,63%&'$)3FD+($F0,7+'(%%(F)0,DF6,7+$'D)3,(7,`
#Ac70,DF6,NXO,,+*3,%'$+3(F,$G,(F+3'37+,(7,'3C$J3'36,(F,/BX,#A,$G,3HEDF+,1EGG3',I(+*,D,'3C$J3'&,&(3H6
$G,Y/^B,>*3,4$1(H3,%*D73,(7,D,7$HE+($F,$G,DC3+(C,DC(6B
g3L+0,+*3,7D43,6(DG(H+3',N2\!"/XO,(7,E736,+$,C$FC3F+'D+3,+*3,%E'(G(36,(F7EH(F,7$HE+($F,1&,D
GDC+$',$G,+3FB,>*3,H(PE(6,J$HE43,D+,+*(7,%$(F+,(7,D'$EF6,X//,90,I*(C*,C$F+D(F7,D%%'$L(4D+3H&,".BZ
T),$G,(F7EH(FB,>*(7,4D+3'(DH,(7,%E4%36,(F+$,D,MDCT3+36,DF6,D)(+D+36,'3DC+($F,+DFT,NA!"""OB
844$F(E4,DC3+D+3,DF6,K(FC,C*H$'(63,D'3,D6636,+$,+*3,%'$+3(F,7$HE+($F,EF+(H,3DC*,'3DC*37,D,G(FDH
C$FC3F+'D+($F,$G,/B/.,b,N2D+D',DF6,:$73F0,"YY/OB,>*3,%=,(7,+*3F,D6ME7+36,+$,13+I33F,XB_,DF6
`B.B,>*3,C'&7+DHH(KD+($F,(7,CD''(36,$E+,D+,X,$#,G$',".,*$E'7B,;F7EH(F,C'&7+DHH(K37,I(+*,K(FC,I(+*,+*3
G$HH$I(F),7+$(C*($43+'&Q,(F7EH(F`!wF.B,?+3%,'3C$J3'&,$F,(F7EH(F,(7,D'$EF6,Y/^B
>*3,C'&7+DH7,D'3,'3C$J3'36,I(+*,D,1D7T3+,C3F+'(GE)3,Nf#\!"/"OI(+*,D,&(3H6,$G,YX^B
\(FDHH&0,+*3,C'&7+DH7,D'3,G'33K3!6'(36,N\2:!"/"OB,>*3,%E'(+&,$G,+*3,C'&7+DHH(K36,3F6!%'$6EC+,(7
13+I33F,YYBX,DF6,YYBY,^,43D7E'36,1&,DFDH&+(CDH,*()*,%'377E'3,H(PE(6,C*'$4D+$)'D%*&,N=59#OB
8%%'$L(4D+3H&,""B]",T),$G,%'$6EC+,(7,'3C$J3'36,%3',1D+C*B,>*3,$J3'DHH,'3C$J3'&,&(3H6,(7,D'$EF6
].^B

@F0'%"FE)!FEF,&'()F,2)9,B"%#,/',0FE)6/$F&0)A(('((/',0

>D1H3,""!"",6(7%HD&7,+*3,'DI,4D+3'(DH,'3PE('343F+7,(F,T),%3',&3D'0,%3',1D+C*0,DF6,%3',T)
$G,4D(F,%'$6EC+,Nb5,s,%E'(G(36,(F7EH(F,C'&7+DH7OB,g$+3,+*3,*E)3,D4$EF+7,$G,R\;0,ID+3'0,G$'4(C
DC(60,E'3D0,)EDF(6(F3,*&6'$C*H$'(630,DC3+(C,DC(60,DF6,DC3+$F(+'(H3,'3PE('36,%3',T),$G,G(FDH,%'$6EC+B
8HH,$G,+*373,4D+3'(DH7,3F6,E%,(F,ID7+3,7+'3D47B

!_/!
!
8F-E')YYQYY,,:DI,4D+3'(DH,'3PE('343F+7,N",1D+C*,s,""B]"3,T),b5O
':G!3:8<9C:= !WDT5<:9 !WDT2:8;E !WDTWD!30
"\0*/-8$ ]YVLV[Y WLYY` W[VNV
"9,0&8 ]ULWVY WWX [`NT
"?(' [LXW]LT[X VVL]`] VLSUTNT
"?33-%(, ]TLXY` W][ WUNY
"Q,&$' V]L]`YLU[U U][L][Y UTL[XSNX
"a,72"KSNT".O TLTWYL][U [WLXYS [LSXXNU
"2[>7W"KVS^"B_BO XLWTUL]U[ WSL[V[ [LTXTNU
"AHM9"5,8$ W[LVSS V]S V[N`
"Q=M XULWWXLUTW [YWLS[Y [[L`T[NX
"EIA? USLWV] XT TNY
"A'(&-%ClCUSS [LS[T U` UN]
"#a5' UTLVXY `T YNW
"=-'3(/",/(6 UL]TULTVT USL`W] `X]N`
"1'$, [LSXVLX`] U`LUWV ULX`VNW
".'E&72 `YLXXS XU] TWNT
"a2W2#7[ TLTTU [T [NU
"9-6(*3"8*0)(&$ WYL[UY [SV VXN]
"a,V7X9W VWLUT` UTU U[NW
"\*,%(6(%$"2#0 YSTLT`[ TLS[T WWTNV
"9-6(*3"#:0-'(6$ ]]YLS[V WLYX[ WV`N`
"9-6(*3"2J6'-F(6$ U[]LX]Y YXS ]XNU
"?/$&(/C?/(6 VLW[TLU]S UTLVVS UL[WTNX
"E%4J3$8 [ S SNS
"?/$&-%(&'(0$ ]X]LU`S WL]`T WV[N`
"?33-%(*3"?/$&,&$ UYU U SNU
"d(%/"#:0-'(6$ [VS V SNV
!*@8:= LLaR[M[RcZL ^OZR[MY cZR\\Z`M

;F,+*3,1D73,CD730,(+,ID7,D77E436,+*D+,+*(7,ID7+3,(7,+'3D+36,DF6,6(7%$736,$GB,=$I3J3'0
$%%$'+EF(+(37,4D&,3L(7+,G$','3C&CH(F),7$43,C*34(CDH7,G$',(F!%'$C377,E73,DF6,'3C$J3'(F),$+*3'7,G$'
$GG!7(+3,E73B,,\$',(F7+DFC30,G$'4(C,DC(6,N=#aa=O0,DC3+$F(+'(H30,DF6,E'3D,D'3,)$$6,CDF6(6D+37,G$'
'3C&CH(F),DF6,'3C$J3'&B,\$'4(C,DC(6,(7,E736,(F,HD')3,PEDF+(+(37,N"",+$F7j1D+C*O,(F,+*3,#gf'
CH3DJD)3,7+3%,NA!"/]O,DF6,(+,(7,'34$J36,E7(F),D,'$+D'&,JDCEE4,3JD%$'D+$',N#?5!"/"O,DH$F),I(+*
74DHH,PEDF+(+(37,$G,#gf'0,=.a0,DF6,E'3DB,>*3,'3C$J3'36,G$'4(C,DC(6,CDF,13,'3D6(H&,%E'(G(36,1&
6(7+(HHD+($F,DF6,'3C&CH36,(F,+*3,%'$C377B,8'$EF6,.,+$F7j1D+C*,$G,E'3D,D'3,E736,G$',+*3,6(77$HE+($F,$G
(FCHE7($F,1$6(37,NA!"/]O,DF6,"e,+$F7j1D+C*,(7,E736,(F,+*3,G('7+,C*'$4D+$)'D%*&,7+3%,N#!"/"O,+$
%E'(G&,%'$(F7EH(FN?!?a]O`,13G$'3,(+7,'3G$H6(F)B,8%%'$L(4D+3H&,Y/^,$G,+*3,E'3D,D%%3D'7,(F,ME7+,+I$
ID7+3,7+'3D47,N9(PB,RD7+3,_,p,eOB,;+,(7,EFH(T3H&,+*D+,+*373,E'3D!C$F+D(F(F),7+'3D47,CDF,13,%E'(G(36
3C$F$4(CDHH&,G$',(F!%'$C377,'3C&CH(F)B,=$I3J3'0,+*373,7$HE+($F7,CDF,13,C$FC3F+'D+360,F3E+'DH(K360
DF6,7*(%%36,$GG!7(+3,G$',GE'+*3',%'$C377(F),DF6,E+(H(KD+($F,D7,D,F(+'$)3F,G3'+(H(K3'B
8%%'$L(4D+3H&,_Be,+$F7j1D+C*,$G,DC3+$F(+'(H3,(7,E736,(F,+*3,'3J3'736!%*D73,=59#,C$HE4F
N#!"/_O,DF6,4$7+,$G,(+,3F67,E%,(F,+*3,ID7+3,7+'3D4,$G,+*3,C$HE4F,N9(PB,RD7+3,"]O,DH$F),I(+*,`BZ
+$F7,$G,ID+3'0,"BZX,+$F7,$G,DC3+(C,DC(60,DF6,74DHH,D4$EF+7,$G,gD#;,DF6,$+*3',(4%E'(+(37B,;+,(7
EFH(T3H&,+*D+,DC3+$F(+'(H3,CDF,13,'3C$J3'36,3C$F$4(CDHH&,+$,433+,+*3,*()*,%E'(+&,7%3C(G(CD+($F7,G$'

!_"!
!
D,7+3%,7$,CH$73,+$,+*3,3F6,$G,+*3,%E'(G(CD+($F,+'D(FB,=$I3J3'0,+*3'3,4D&,13,D,4D'T3+,G$',$GG!7(+3
E73B

1%#&'(()D&4'2CE",+)F,2)\'(#C%&')8%F&X",+

\()E'3,""!"],6(7%HD&7,+*3,7C*36EH(F),DF6,3PE(%43F+,E+(H(KD+($F,G$',+*'33,C$F73CE+(J3
1D+C*37B,>*3,%HDF+,1D+C*,+(43,(7,D%%'$L(4D+3H&,.`/,*$E'7B,>*(7,(7,+*3,+(43,'3PE('36,+$,)$,G'$4,+*3
%'3%D'D+($F,$G,'DI,4D+3'(DH7,+$,G(FDH,%'$6EC+,G$',D,7(F)H3,1D+C*B,=$I3J3'0,7(FC3,4$7+,$G,+*3
3PE(%43F+,(+347,D'3,E+(H(K36,G$',4EC*,7*$'+3',%3'($67,I(+*(F,D,1D+C*0,D,F3I,1D+C*,(7,(F(+(D+36
3J3'&,_Z,*$E'7B,bEH+(%H3,1D'7,$F,+*3,7D43,H(F3,N3B)B0,G$',2?!"/"0,2\!"/"0,2\!"/]0,DF6,2\!"/XO
'3%'373F+,'3E73,N7*D'(F)O,$G,3PE(%43F+,1&,4EH+(%H3,%'$C36E'37B,R*(+3,7%DC3,'3%'373F+7,(6H3,+(43B
>*3,3PE(%43F+,I(+*,+*3,H3D7+,(6H3,+(43,13+I33F,C$F73CE+(J3,1D+C*37,(7,+*3,0"/')K#%)(&4'2CE",+N
-#00E','&X,NA!"/],(F,+*(7,CD73O,+*D+,63+3'4(F37,+*3,4DL(4E4,FE413',$G,1D+C*37,%3',&3D'B,;+7
$CCE%DFC&,+(43,ND%%'$L(4D+3H&,_]BZX,*$E'7O,(7,+*3,4(F(4E4,%$77(1H3,+(43,13+I33F,C$F73CE+(J3
1D+C*37,NDH7$,TF$IF,D7,b(F(4E4,@GG3C+(J3,5HDF+,fD+C*,>(43OB,>*(7,%HDF+,$%3'D+37,D'$EF6,+*3
CH$CT,DF6,%'$C37737,"`/,1D+C*37,%3',&3D'B
>*3,3L3CE+($F,(F,+(43,$G,+*3,JD'($E7,%'$C36E'37,DF6,+*3(',$%3'D+($F7,CDF,13,J(7EDH(K36,(F
63+D(H,+*'$E)*,+*3,$%3'D+($F7,<DF++,C*D'+,N733,\()E'3,""!"_OB,,g$+30,G$',(F7+DFC30,+*3,$%3'D+($F7,$G
%'$C36E'3,5!Z,N;f,7$HE1(H(KD+($FOB,>*3,>:8g?\@:x;g,$%3'D+($F,(F,+*D+,%'$C36E'3,'EF7,(F
%D'DHH3H,I(+*,+*3,#@g>:;\h<@x",$%3'D+($F,$G,+*3,%'3J($E7,%'$C36E'3,N5!"_OB,>*(7,(7,+*3,CD73
13CDE73,I*(H3,+*3,;f,7HE''&,(7,13(F),C3F+'(GE)36,D7,%D'+,$G,5!"_0,+*3,C$FC3F+'D+3,N7$H(67,7+'3D4,$G
+*3,C3F+'(GE)3O,(7,13(F),%E4%36,(F+$,+*3,J3773H,NA!"/]O,$G,5!ZB,;G,+*(7,63+D(H,(7,F$+,CD%+E'36,(F,+*3
4$63H0,+*3,(63F+(G(CD+($F,$G,+*3,3PE(%43F+,+(43,N7C*36EH(F)O,1$++H3F3CT,4D&,13,(FC$''3C+B

5'$C377,7C*36EH(F),(7,CH$73H&,'3HD+36,+$,+*3,63+3'4(FD+($F,$G,+*3,DFFEDH,CD%DC(+&,$G,D
1D+C*,%HDF+B,;F,+*3,73F7(+(J(+&,DFDH&7(7,73C+($F0,I3,I(HH,733,*$I,C*DF)37,(F,7C*36EH(F),DF6
(F7+DHHD+($F,$G,D66(+($FDH,3PE(%43F+,CDF,13,E736,+$,(FC'3D73,%HDF+,+*'$E)*%E+,DF6,'36EC3
4DFEGDC+E'(F),C$7+B

!_.!
!
R"+C%')YYQY>,,@PE(%43F+,E+(H(KD+($F,D7,D,GEFC+($F,$G,+(43,G$',+*'33,C$F73CE+(J3,1D+C*37B

!_]!
!
R"+C%')YYQYP,,a%3'D+($F7,<DF++,C*D'+B

8F$+*3',C*D'DC+3'(7+(C,$G,1D+C*,%'$C377(F),(7,+*3,JD'(D1H3,634DF6,G$','37$E'C37,N3B)B0
HD1$'0,E+(H(+(370,DF6,'DI,4D+3'(DH7O,D7,D,GEFC+($F,$G,+(43B,\$',(F7+DFC30,\()E'3,""!"X,6(7%HD&7,+*3
HD1$',634DF6,N3L%'37736,(F,FE413',$G,$%3'D+$'7O,G$',"/,C$F73CE+(J3,1D+C*37B,g$+3,+*D+,G$',7*$'+
%3'($67,+*3'3,(7,D,F336,G$',E%,+$,"e,$%3'D+$'7,+$,13,%'373F+B,;G,+*D+,(7,F$+,%$77(1H30,+*3F,C3'+D(F
$%3'D+($F7,I(HH,F336,+$,13,63HD&36,(F,$'63',+$,6(7+'(1E+3,+*3,634DF6,G$',$%3'D+$'7,4$'3,3J3FH&B,;F
7EC*,D,CD730,+*3,H(4(+36,'37$E'C3,13C$437,+*3,+(43,1$++H3F3CTB,234DF6,G$',7+3D4,DF6,$+*3'
E+(H(+(37,4D&,DH7$,13C$43,D,+(43,1$++H3F3CTB,>*3,'37EH+7,$G,\()E'3,""!"X,D'3,DH7$,E73GEH,(F,7+DGG(F)
D,GDC(H(+&B,;G,+*3,GDC(H(+&,(7,636(CD+36,+$,4DFEGDC+E'(F),$G,D,7(F)H3,%'$6EC+0,+*3F0,+*3,FE413',$G
$%3'D+$'7,(F,3DC*,7*(G+,7*$EH6,13,1D736,$F,+*3,%3DT,634DF6,6E'(F),+*D+,7*(G+B,;F,4EH+(!%'$6EC+
GDC(H(+(370,3DC*,%'$6EC+($F,7E(+3,4D&,34%H$&,D,636(CD+36,FE413',$G,$%3'D+$'7,DF6,E+(H(K3,GH$D+(F)
$%3'D+$'7,6E'(F),%3'($67,$G,%3DT,634DF6B

!__!
!
R"+C%')YYQYO,,9D1$',634DF6,D7,D,GEFC+($F,$G,+(43,G$',+3F,C$F73CE+(J3,1D+C*37B

9&#,#/"&)9BFECF0"#,

>D1H3,""!".,7*$I7,+*3,'37EH+7,$G,+*3,3C$F$4(C,3JDHED+($FB,>*3,63+D(H36,+D1H37,G$',+*373
CDHCEHD+($F7,D'3,DJD(HD1H3,D7,%D'+,$G,+*3,634$F7+'D+($F,J3'7($F,$G,?E%3'5'$B,\$',D,%HDF+,$G,+*(7
CD%DC(+&0,+*3,+$+DH,CD%(+DH,(FJ37+43F+,(7,WeZ,4(HH($FB,>*3,EF(+,%'$6EC+($F,C$7+,(7,W_.B.j),$G
%E'(G(36,(F7EH(F,C'&7+DH7B,877E4(F),D,73HH(F),%'(C3,$G,WeXj)0,+*3,%'$M3C+,&(3H67,DF,DG+3'!+DL,(F+3'FDH
'D+3,$G,'3+E'F,N;::O,$G,XZB.^,DF6,D,F3+,%'373F+,JDHE3,Ng5AO,$G,W."`,4(HH($F,ND77E4(F),D,6(7C$EF+
(F+3'37+,$G,e^OB,fD736,$F,+*373,'37EH+70,+*(7,%'$M3C+,'3%'373F+7,D,J3'&,D++'DC+(J3,(FJ37+43F+B
=$I3J3'0,(G,D4$'+(KD+($F,$G,E%!G'$F+,:p2,C$7+7,(7,C$F7(63'36,(F,+*3,3C$F$4(C,3JDHED+($F0,+*3
FE413'7,C*DF)3,6'D7+(CDHH&B,\$',(F7+DFC30,D,4$637+,D4$EF+,$G,W"//,4(HH($F,G$',E%!G'$F+,:p2
C$7+,D4$'+(K36,$J3',D,%3'($6,$G,"/,&3D'7,'36EC37,+*3,;::,+$,"eBe^,DF6,+*3,g5A,+$,W".",4(HH($FB
\()E'3,""!"`,1'3DT7,6$IF,+*3,$%3'D+(F),C$7+B,>*3,C$7+,$G,'DI,4D+3'(DH7,(7,+*3,4$7+
(4%$'+DF+0,DCC$EF+(F),G$',X"^,$G,+*3,$J3'DHH,4DFEGDC+E'(F),C$7+B,>*3,3PE(%43F+!63%3F63F+,C$7+
H(37,(F,+*3,73C$F6,%$7(+($F,DCC$EF+(F),G$',"`BY^,$G,+*3,$J3'DHH,C$7+B,>*(7,C$7+,(+34,DCC$EF+7,G$'
+*3,63%'3C(D+($F,DF6,4D(F+3FDFC3,$G,+*3,GDC(H(+&,DF6,$+*3',$J3'*3D6,3L%3F737B,#$F7E4D1H37
DCC$EF+,G$',".BX^,$G,+*3,+$+DH,C$7+B,>*(7,'3%'373F+7,+*3,3L%3F73,G$',%3'($6(CDHH&,'3%HDC(F),+*3
'37(F7,$G,+*3,C*'$4D+$)'D%*&,C$HE4F7,DF6,+*3,4341'DF37,$G,+*3,4341'DF3,G(H+3'7B,>'3D+43F+,DF6
6(7%$7DH,$G,ID7+3,4D+3'(DH7,DCC$EF+,G$',""^,$G,+*3,+$+DH,C$7+B,87,43F+($F36,(F,+*3,4D+3'(DH
1DHDFC3,73C+($F0,'3C&CH(F),DF6,'3E73,$G,7$43,$G,+*3,ID7+3,4D+3'(DH7,4D&,'36EC3,+*(7,C$7+B,9D1$'
H(37,(F,+*3,G(G+*,%$7(+($F,DCC$EF+(F),G$',`B`^,$G,+*3,+$+DH,C$7+B,8%%'$L(4D+3H&,X/,$%3'D+$'7,D'3
'3PE('36,+$,'EF,+*3,%HDF+,D'$EF6,+*3,CH$CT,7E%%$'+36,1&,".,7C(3F+(7+7,G$',m#jm8,I$'TB,>*3

!_X!
!
E+(H(+(37,C$7+,(7,7$,H$I,13CDE73,(+,$FH&,DCC$EF+7,G$',3H3C+'(C(+&,DF6,+*3,74DHH,D4$EF+7,$G,*3D+(F)
DF6,C$$H(F),'3PE('36B,>*3,C$7+,$G,%E'(G(36,ID+3',(7,+'3D+36,D7,D,'DI,4D+3'(DH,DF6,F$+,D7,D,E+(H(+&B

8F-E')YYQY=,k3&,3C$F$4(C,3JDHED+($F,'37EH+7B

2('3C+,\(L36,#D%(+DH W`YBe,4(HH($F
>$+DH,#D%(+DH,;FJ37+43F+ WeZB/,4(HH($F
5HDF+,>*'$E)*%E+ "0Z"/,T)j&3D'
bDFEGDC+E'(F),#$7+ We`BX,4(HH($Fj&3D'
hF(+,5'$6EC+($F,,#$7+ W_.B.j)

?3HH(F),5'(C3 WeXj)
:3J3FE37 W"]XBe,4(HH($Fj&3D'
<'$77,5'$G(+ WXYB.,4(HH($Fj&3D'
>DL37,N_/^O W.]Be,4(HH($Fj&3D'
g3+,5'$G(+ W_.B.,4(HH($Fj&3D'

;::,NDG+3',+DL37O XZB.^
g5A,NG$',e^,6(7C$EF+,(F+3'37+O W."`,4(HH($F

]0"E"0"'(
eF(0')*"($#(FE H5>b
YY5Hb

<#,(C/F-E'(
Y=5Ob

\FV)@F0'%"FE(
OY5Hb
:F-Uf<UfA
Y5Ib

9aC"$/',0Q*'$',2',0
Y?5Lb
:F-#%
?5?b

R"+C%')YYQY?,,f'3DT6$IF,$G,4DFEGDC+E'(F),C$7+B

\()E'3,""!"e,6(7%HD&7,+*3,C$7+,6(7+'(1E+($F,%3',GH$I7*33+,73C+($FB,aFH&,ZB/^,$G,+*3,$J3'DHH
C$7+,(7,D77$C(D+36,I(+*,G3'43F+D+($FB,>*3,$+*3',Y.^,(7,D77$C(D+36,I(+*,+*3,'3C$J3'&,DF6
%E'(G(CD+($F,73C+($F7B,>*(7,(7,C$44$F,G$',*()*,JDHE3,1($%*D'4DC3E+(CDH7,+*D+,D'3,%'$6EC36,G'$4
'3C$41(FDF+,?='$#.,B,b$7+,$G,+*3,C$7+,(7,D77$C(D+36,I(+*,+*3,'3DC+($F7,73C+($F,13CDE73,$G,+*3,HD')3
D4$EF+7,$G,3L%3F7(J3,'DI,4D+3'(DH7,DF6,C$F7E4D1H37,+*D+,D'3,E+(H(K36,(F,+*D+,73C+($FB

!_`!
!
R'%/',0F0"#,
M5Hb
1%"/F%.)\'&#B'%.
M5Mb
R",FE)1C%"W"&F0"#,
=L5Yb

\'F&0"#,(
OP5Yb

R"+C%')YYQYI))#$7+,6(7+'(1E+($F,%3',GH$I7*33+,73C+($FB

\(FDHH&0,>D1H3,""!"],G$',3DC*,'DI,4D+3'(DH,6(7%HD&7,(+7,%'(C30,DFFEDH,C$7+,DF6,C$F+'(1E+($F
+$,+*3,$J3'DHH,'DI,4D+3'(DH7,C$7+B,=]5a_,N./^,IjIO0,R\;0,DC3+(C,DC(60,E'3D0,G$'4(C,DC(60
DC3+$F(+'(H30,)EDF(6(F3B=#H0,DF6,+*3,3FK&437,D'3,+*3,4DM$',C$F+'(1E+$'7,+$,+*3,'DI,4D+3'(DH7,C$7+B

8F-E')YYQY>,#$7+,$G,'DI,4D+3'(DH7B
':G!3:8<9C:= 09C;<!KQTWDP &77>:=!"@B8!KQP _
"\0*/-8$ SNXS WX`L[W[ UNVS
"9,0&8 UNSS ]ULWVY SNUY
"?(' SNSS S SNSS
"?33-%(, SN]S TVL`Y[ SNUW
"Q,&$' SNST UL[Y`L`S] [NTX
"a,72"KSNT".O SNTS VL]]WL[XX ]NUU
"2[>7W"KVS^"B_BO UNSS XLWTUL]U[ UXNT[
"AHM9"5,8$ XNSS VT`LVSS SNXX
"Q=M SNUS XLUWWLXUT UTN]W
"EIA? UYNTS U`VL`SV SNW`
"A'(&-%ClCUSS UNTS WLTT[ SNSU
"#a5' UUNSS UX]L`T[ SNW[
"=-'3(/",/(6 UNXS VLYSVLWWU ]NUY
"1'$, UNTV WLXTTL[SS UUN`[
".'E&72 [NSS V`TL`YS SN]X
"a2W2#7[ UNSS TLTTU SNSU
"9-6(*3"8*0)(&$ SNWS U`L[V] SNST
"a,V7X9W SNXS UWLW`T SNSW
"\*,%(6(%$"2#0 VNUT UL][VLSVT WNWW
"9-6(*3"#:0-'(6$ UNV[ `TXL`YS VNWT
"9-6(*3"2J6'-F(6$ [NTS WYULY]T UNV[
"?/$&(/C?/(6 VNTS XLSY]L`VX UTNXS
"E%4J3$8 TSSSSSNSS ULX`ULUVY WN[[
"?/$&-%(&'(0$ [NSS VL[SULT]S TN`S
"?33-%(*3"?/$&,&$ UTNSS VL]UY SNSU
"d(%/"#:0-'(6$ UVNSS [LYWS SNSU
*@8:= [`LS[SLUUY LMM`MM

!_e!
!
>*3,7$HE+($F,$G,=]5a_,(7,E736,G$',3PE(%43F+,CH3DF(F)B,a+*3',D77E4%+($F7,G$',+*3,3C$F$4(C
3JDHED+($F,(FCHE63Q,N"O,D,F3I,4DFEGDC+E'(F),GDC(H(+&,I(HH,13,1E(H+,DF6,636(CD+36,+$,%'$6EC+($F,$G
"0Z//,T)j&3D',$G,%E'(G(36,(F7EH(F[,N.O,+*3,3F+('3,6('3C+,G(L36,CD%(+DH,(7,63%'3C(D+36,H(F3D'H&,$J3',D
%3'($6,$G,+3F,&3D'7[,N]O,+*3,%'$M3C+,H(G3,+(43,(7,"X,&3D'7[,N_O,+*3,EF(+,C$7+,$G,4341'DF37,(7,W.//j4.
DF6,+*3&,D'3,'3%HDC36,3J3'&,.0///,*$E'7,$G,$%3'D+($F[,NXO,+*3,DJ3'D)3,EF(+,C$7+,$G,C*'$4D+$)'D%*&
'37(F7,(7,W]//j9[,N`O,+*3,ID7+3,6(7%$7DH,C$7+,(7,W/B//Xj9,G$',H$I,fa2,7+'3D47,DF6,W/B"Xj9,G$'
7+'3D47,C$F+D(F(F),7()F(G(CDF+,D4$EF+7,$G,7$HJ3F+7,DF6,$+*3','3)EHD+36,C*34(CDH7B

84%#C+4$C0)6,&%'F(')Z$0"#,(

;F,+*3,1D73,CD730,D,F3I,1D+C*,(7,(F(+(D+36,3J3'&,_Z,*$E'7B,b$7+,$G,+*3,3PE(%43F+,(+3470
*$I3J3'0,D'3,E+(H(K36,G$',H377,+*DF,._,*$E'7,%3',1D+C*,N733,\()E'3,""!"]OB,;G,+*3,4D'T3+,634DF6
G$',(F7EH(F,)'$I70,+*(7,%'$J(637,+*3,$%%$'+EF(+&,G$',(FC'3D7(F),%HDF+,+*'$E)*%E+,I(+*$E+,4DM$'
CD%(+DH,3L%3F6(+E'37B,8,'3DH(7+(C,(4%'$J343F+,(7,+$,(F(+(D+3,D,1D+C*,3J3'&,._,*$E'7B,>*(7,I(HH
'3PE('3,D,F3I,G3'43F+$',$G,+*3,7D43,7(K3,I*$73,$%3'D+($F,I(HH,13,7+D))3'36,'3HD+(J3,+$,+*3
3L(7+(F),EF(+,7$,+*D+,$F3,G3'43F+$',(7,'3D6&,G$',*D'J37+(F),3J3'&,6D&B,?EC*,D,%'$6EC+($F,C*DF)3
I(HH,DH7$,'3PE('3,D66(+($FDH,3PE(%43F+,$G,+*3,G$HH$I(F),+&%37Q,N"O,6(7T!7+DCT,C3F+'(GE)37,+$,'36EC3
+*3,$CCE%DFC&,$G,2?!"/",+$,H377,+*DF,._,*$E'7[,N.O,+I$,'3DC+($F,+DFT7,+$,'36EC3,+*3,$CCE%DFC&,$G
A!"/],DF6,A!"/e[,DF6,N]O,4341'DF3,G(H+3'7,+$,'36EC3,+*3,$CCE%DFC&,$G,2\!"/],DF6,2\!"/XB
>*3,D66(+($FDH,CD%(+DH,(FJ37+43F+,G$',7EC*,D,C*DF)3,(7,D'$EF6,W./,4(HH($FB,,>*(7
D66(+($FDH,(FJ37+43F+,I(HH,DHH$I,+*3,%HDF+c7,CD%DC(+&,+$,13,6$E1H360,DF6,+*3,F3I,EF(+,%'$6EC+($F
C$7+,I(HH,13,D'$EF6,W]]B`j)B,>*3,'36EC+($F,(F,+*3,EF(+,%'$6EC+($F,C$7+,(7,'D+*3',74DHH,13CDE73,+*3
4DM$'(+&,$G,+*3,C$7+,(7,D77$C(D+36,I(+*,'DI,4D+3'(DH70,C$F7E4D1H370,DF6,ID7+3,6(7%$7DH,+*D+,7CDH3
D%%'$L(4D+3H&,H(F3D'H&,I(+*,%'$6EC+($FB

YY5O5>! 84'%F$'C0"&)@#,#&E#,FE)A,0"-#2.)1%#2C&0"#,

b$F$CH$FDH,DF+(1$6(37,Nb81c7O,D'3,E736,(F,6(D)F$7+(C,+37+7,D7,I3HH,D7,G$',+*3'D%3E+(C
%E'%$737B,R$'H6,634DF6,G$',CE''3F+H&,D%%'$J36,b81c7,(7,$F,+*3,$'63',$G,D,G3I,T(H$)'D47,%3'
&3D'B,,=$I3J3'0,F3I,+*3'D%3E+(C,b81c7,D'3,EF63',63J3H$%43F+,+*D+,'3PE('3,6$737,$G,73J3'DH
*EF6'36,4(HH()'D47,+$,D,)'D4,$J3',+*3,C$E'73,$G,+*3'D%&,N?3DJ3'0,"YYeOB,>*3,I$'H6,634DF6,G$'
7EC*,%'$6EC+7,I(HH,3LC336,"//,T),%3',&3D'B
#E''3F+,%'$6EC+($F,C*$(C37,G$',b81c7,D'3,H(4(+36,+$,+*'33,I3HH!37+D1H(7*36,7&7+347Q
D7C(+370,7+(''36,+DFT,1($'3DC+$'7,N?>:O0,DF6,*$HH$I!G(13',1($'3DC+$'7B,,8H+3'FD+(J3,+3C*F$H$)(37
EF63',63J3H$%43F+,(FCHE63,+'DF7)3F(C,DF(4DH7,DF6,)3F3+(CDHH&,DH+3'36,%HDF+7,N23n$EF)0,"YY`OB
#E''3F+H&0,7+(''36,+DFT,1($'3DC+$'7,+3F6,+$,13,GDJ$'36,G$',%'$6EC+($F,$G,b81c7,(F,T(H$)'D4
PEDF+(+(37B,>*3&,D'3,$%3'D+36,EF63',1D+C*0,G36!1D+C*0,$',%3'GE7($F,4$63B

!_Z!
!
>*(7,3LD4%H3,DFDH&K37,+*3,%'$6EC+($F,$G,D,+&%(CDH,+*3'D%3E+(C,4$F$CH$FDH,DF+(1$6&B,;F
+*3,1D73,CD730,D%%'$L(4D+3H&,`B.,T),$G,%E'(G(36,%'$6EC+,(7,%'$6EC36,%3',&3D',(F,_`,1D+C*37B,>*3
4DFEGDC+E'(F),C$7+,G$',%'$6EC(F),HD')3',PEDF+(+(37,(7,37+(4D+36,D7,%D'+,$G,+*3,73F7(+(J(+&,DFDH&7(7B

1%#&'(()*'(&%"$0"#,

h%7+'3D4,73C+($FB)>*3,3F+('3,GH$I7*33+,(7,7*$IF,(F,\()E'3,""!"ZB)>*3,73'E4!G'33,DF6
H$I!%'$+3(F!C$F+3F+,436(D,%$I63',(7,6(77$HJ36,(F,R\;,(F,D,7+D(FH377,7+33H,+DFT,NA!"/"O0,DF6,+*3
7$HE+($F,(7,7+3'(H(K36,E7(F),D,/B",µ4,63D6!3F6,%$H(7*(F),G(H+3',N2@!"/"OB,>*3,C$FC3F+'D+($F,$G
436(D,%$I63',(F,+*3,G336,7$HE+($F,(7,"/,)jH(+3'B,8,7+(''36!+DFT,1($'3DC+$',NA!"/.O,(7,E736,+$,)'$I
+*3,C3HH7,+*D+,3L%'377,+*3,+*3'D%3E+(C,(44EF$)H$1EH(F,<,N;)<OB,>*3,1($'3DC+$',$%3'D+37,(F,G36!
1D+C*,4$63B,8,C&CH3,+(43,$G,"X`,*$E'7,N"].,*$E'7,G$',G3'43F+D+($F,DF6,._,*$E'7,G$',+E'FD'$EF6O
ID7,D77E436,G$',+*3,1($'3DC+$'B,>*3,J$HE43,$G,1'$+*,)3F3'D+36,%3',1($'3DC+$',1D+C*,(7
D%%'$L(4D+3H&,.0.//,H(+3'7,C$F+D(F(F),../,),$G,%'$6EC+,N+*3,%'$6EC+,+(+3',(7,"//,4)j9OB,>*3,+$+DH
J$HE43,$G,+*3,1($'3DC+$',J3773H,(7,]0///,H(+3'7B
2$IF7+'3D4,73C+($FB)>*3,)3F3'D+36,1($4D77,DF6,$+*3',7E7%3F636,C$4%$EF67,D'3
'34$J36,E7(F),D,/B`X,µ4,4341'DF3,6(DG(H+3',N2\!"/"OB,>*3,%'$6EC+,'3C$J3'&,&(3H6,$G,+*(7,7+3%,(7
YX^B,>*(7,G(H+'D+($F,7+3%,+DT37,XB",*,DF6,'3PE('37,D,4341'DF3,D'3D,$G,D'$EF6,]/,4.B,>*3,CHD'(G(36
7$HE+($F,(7,C$FC3F+'D+36,./!G$H6,E7(F),D,X/0///,bR,CE+!$GG,EH+'DG(H+3',Nh\!"/"OB,>*3,'3C$J3'&
&(3H6,$G,+*(7,7+3%,(7,YX^B,>*(7,7+3%,+DT37,]B`,*,DF6,'3PE('37,D,4341'DF3,D'3D,$G,_/,4.B,>*3,1EHT
$G,+*3,C$F+D4(FDF+,%'$+3(F7,D'3,'34$J36,E7(F),D,%'$+3(F,8,DGG(F(+&,C*'$4D+$)'D%*&,C$HE4F,N#!
"/"OB,>*3,G$HH$I(F),$%3'D+(F),D77E4%+($F7,I3'3,4D63Q,N"O,'37(F,1(F6(F),CD%DC(+&,(7,"X,4),$G
%'$6EC+,%3',4H,$G,'37(F[,N.O,+*3,3HEDF+,(7,D,/B",b,7$HE+($F,$G,7$6(E4,C(+'D+30,DF6,(+7,J$HE43,(7
3PEDH,+$,`,C$HE4F,J$HE437,N#Ac7O[,N]O,+*3,%'$6EC+,(7,'3C$J3'36,(F,],#Ac7,$G,3HEDF+,1EGG3',I(+*,D
'3C$J3'&,&(3H6,$G,YX^0,DF6,+*3,%=,(7,4D(F+D(F36,F3D',F3E+'DH,+$,3F7E'3,%'$6EC+,7+D1(H(+&[,DF6,N_O
+*3,+$+DH,J$HE43,$G,+*3,7$HE+($F7,G$',C$HE4F,3PE(H(1'D+($F0,ID7*0,DF6,'3)3F3'D+($F,(7,"],#Ac7B
>*(7,7+3%,+DT37,D'$EF6,"XBe,*,DF6,'3PE('37,D,'37(F,J$HE43,$G,._BX,H(+3'7B,>*3,%'$+3(F,8,3HE+($F
1EGG3',(7,3LC*DF)36,I(+*,%*$7%*D+3,1EGG3',N%'$C36E'3,5!""O,E7(F),+*3,7D43,6(DG(H+3',N2\!"/"O,D7
(F,5!eB,>*3,%'$6EC+,'3C$J3'&,&(3H6,$G,+*(7,7+3%,(7,YX^B,>*3,%E'(G(CD+($F,%'$C3367,E7(F),D,CD+($F!
3LC*DF)3,C*'$4D+$)'D%*&,C$HE4F,N#!"/.OB,>*3,G$HH$I(F),$%3'D+(F),D77E4%+($F7,I3'3,4D63Q,N"O
+*3,'37(Fc7,1(F6(F),CD%DC(+&,(7,./,4),$G,%'$6EC+,%3',4H,$G,'37(F[,N.O,D,)'D6(3F+,3HE+($F,7+3%,(7
34%H$&36,I(+*,D,7$6(E4,C*H$'(63,C$FC3F+'D+($F,'DF)(F),G'$4,/B/,+$,"B/,b,DF6,D,J$HE43,$G,`
#Ac7[,,,N]O,+*3,%'$6EC+,(7,'3C$J3'36,(F,],#Ac7,$G,3HEDF+,1EGG3',I(+*,D,'3C$J3'&,&(3H6,$G,Y/^[,DF6
N_O,+*3,+$+DH,J$HE43,$G,+*3,7$HE+($F7,G$',C$HE4F,3PE(H(1'D+($F0,ID7*0,DF6,'3)3F3'D+($F,(7,"e,#Ac7B
>*(7,7+3%,+DT37,D'$EF6,"],*,DF6,'3PE('37,D,'37(F,J$HE43,$G,"XBe,H(+3'7B,844$F(E4,7EHGD+3,(7
D6636,+$,D,C$FC3F+'D+($F,$G,.B/,b,+$,(FC'3D73,+*3,($F(C,7+'3F)+*,$G,+*3,7$HE+($F,DF6,%'3%D'3,(+,G$'
+*3,*&6'$%*$1(C,(F+3'DC+($F,C*'$4D+$)'D%*&,N=;#O,7+3%,N#!"/]O,+*D+,G$HH$I7B,>*3,G$HH$I(F)
$%3'D+(F),D77E4%+($F7,I3'3,4D63,G$',+*3,=;#,7+3%Q,N"O,'37(F!1(F6(F),CD%DC(+&,(7,./,4),$G,%'$6EC+
%3',4H,$G,'37(F[,N.O,D,)'D6(3F+,3HE+($F,7+3%,(7,E736,(F,I*(C*,+*3,C$FC3F+'D+($F,$G,D44$F(E4
7EHGD+3,C*DF)37,H(F3D'H&,G'$4,.B/,b,+$,/B/,b[,N]O,+*3,%'$6EC+,(7,'3C$J3'36,(F,.,#Ac7,$G,3HEDF+
1EGG3',I(+*,D,'3C$J3'&,&(3H6,$G,YX^[,DF6,N_O,+*3,+$+DH,J$HE43,$G,+*3,7$HE+($F7,G$',C$HE4F

!_Y!
!
3PE(H(1'D+($F0,ID7*0,DF6,'3)3F3'D+($F,(7,..,#Ac7B,>*(7,7+3%,+DT37,D'$EF6,"]BX,*$E'7,DF6,'3PE('37,D
'37(F,J$HE43,$G,"XBe,H(+3'7B,>*3,%E'(G(36,%'$6EC+,7$HE+($F,(7,C$FC3F+'D+36,+I$!G$H6,DF6,+*3,=;#
3HE+($F,1EGG3',(7,3LC*DF)36,I(+*,%*$7%*D+3,1EGG3',E7(F),+*3,7D43,6(DG(H+3',N5!"e,y,2\!"/"OB
g3L+0,)H&C3'$H,(7,D6636,NG$',%'$6EC+,7+D1(H(+&O,+$,D,C$FC3F+'D+($F,$G,"//,)j9,DF6,+*3
7$HE+($F,(7,73F+,+$,%'$6EC+,G$'4EHD+($FB,>*3,%'$6EC+,C$FC3F+'D+($F,(F,+*3,G(FDH,7$HE+($F,(7,D'$EF6,Z
)jH(+3'B,>*3,G$HH$I(F),D66(+($FDH,D77E4%+($F7,I3'3,4D63Q,N"O,R\;,(7,E736,G$',+*3,%'3%D'D+($F,$G
ID+3',7$HE+($F7,DF6,1EGG3'7[,N.O,+$,CDHCEHD+3,+*3,C&CH3,+(43,$G,C*'$4D+$)'D%*&,7+3%70,(+,ID7
D77E436,+*D+,H$D6(F),DF6,3HE+($F,$%3'D+3,D+,D,H(F3D',J3H$C(+&,$G,"//,C4j*0,I*(H3,3PE(H(1'D+($F0
ID7*(F)0,DF6,'3)3F3'D+($F,$%3'D+3,D+,D,H(F3D',J3H$C(+&,$G,.//,C4j*B

@F0'%"FE)-FEF,&'(

>D1H3,""!"_,%'$J(637,D,7E44D'&,$G,+*3,$J3'DHH,4D+3'(DH,1DHDFC37,%3',1D+C*B,>*3
PEDF+(+(37,D'3,(F,T(H$)'D47,%3',1D+C*B,>*3,6E'D+($F,$G,D,7(F)H3,1D+C*,(7,"`.,*B,>*3,$J3'DHH
'3C$J3'&,&(3H6,$G,;)<,N+*3,%'$6EC+O,(7,`.^,N"_/,),$G,;)<,(7,'3C$J3'36,$E+,$G,+*3,../,)
+*D+,(7,%'373F+,(F,+*3,G3'43F+D+($F,1'$+*OB,g$+3,+*3,HD')3,D4$EF+,$G,%'$C377,ID+3',DF6
R\;,E+(H(K36,%3',1D+C*B,>*3,4DM$'(+&,$G,%'$C377,ID+3',DF6,R\;,D'3,E+(H(K36,G$',3PE(%43F+
CH3DF(F)B

8F-E')YYQYP),aJ3'DHH,4D+3'(DH,1DHDFC37,NT)j1D+C*O
"1301,#,* *@8:=!+7=<8 *@8:=!1>8=<8 09@A>;8
"?33-%(*3"9*0),&$ XWNX` XWNX`
"5(-3,88 SNSS SNY]
"\0J/$'-0 UNYT UNYT
"M+\ SNSS SNVV SNUW
"\'-B&:".$6(, VUN]X YNWU
"a,[#(&',&$ SNYS SNYS
">:-8G:-'(/"?/(6 ULSWUNSS ULSWUNSS
"9-6(*3"2J6'-G:-8G:,&$ XNY[ XNYU
"9-6(*3"#:0-'(6$ TTNUY TTNU`
"9-6(*3"2J6'-F(6$ XNY[ XNYU
"A'(8C2#0 SNX` SNX`
"Q,&$' UULWT`NSS UULWTYNSS
"Q=M UYLVX`NSS UYLVX`NSS
!*1*&$ ZMR\O[`MM ZMR\O[`MM M`LY

1%#&'(()(&4'2CE",+

\()E'3,""!"Y,6(7%HD&7,+*3,7C*36EH(F),DF6,3PE(%43F+,E+(H(KD+($F,G$',+I$,C$F73CE+(J3
1D+C*37B,>*3,%HDF+,1D+C*,+(43,(7,D%%'$L(4D+3H&,.].,*B,>*(7,(7,+*3,+(43,'3PE('36,+$,)$,G'$4
+*3,%'3%D'D+($F,$G,'DI,4D+3'(DH7,+$,+*3,G(FDH,%'$6EC+,(F,D,7(F)H3,1D+C*B,8,F3I,1D+C*,(7
(F(+(D+36,3J3'&,73J3F,6D&7,N"`Z,*OB,>*3,1($'3DC+$'0,I*(C*,(7,+*3,+(43,N7C*36EH(F)O
1$++H3F3CT0,*D7,D,C&CH3,+(43,$G,"X.,*,N"_/,*,G$',G3'43F+D+($F,DF6,".,*,G$',+E'FD'$EF6OB
R*(H3,+*3,1($'3DC+$',(7,%'3%D'(F),D,F3I,1D+C*0,+*3,6$IF7+'3D4,3PE(%43F+,(7,13(F)

!X/!
!
!X"!
!
E+(H(K36,+$,%E'(G&,+*3,%'$6EC+,$G,+*3,%'3J($E7,1D+C*B,>*3,6$IF7+'3D4,73C+($F,'3PE('37,+I$
7*(G+7,%3',6D&,G$',G$E',6D&7,D,I33TB,bEH+(%H3,1D'7,$F,+*3,7D43,H(F3,N3B)B0,G$',2\!"/",DF6
A!"/_O,'3%'373F+,'3E73,N7*D'(F)O,$G,3PE(%43F+,1&,4EH+(%H3,%'$C36E'37B,R*(+3,7%DC3
'3%'373F+7,(6H3,+(43B,aF,DF,DFFEDH,1D7(70,+*3,%HDF+,%'$C37737,_`,1D+C*37,DF6,%'$6EC37,`B.
T),$G,%E'(G(36,;)<B

R"+C%')YYQYL),;)<,%'$6EC+($F,7C*36EH(F),<DF++,C*D'+,N+I$,C$F73CE+(J3,1D+C*37OB

9&#,#/"&)'BFECF0"#,

>D1H3,""!"X,7*$I7,+*3,T3&,3C$F$4(C,3JDHED+($F,'37EH+7,)3F3'D+36,E7(F),+*3,1E(H+!(F,C$7+
GEFC+($F7,$G,?E%3'5'$,237()F3'B,\$',+*3,1D73,CD73,N`B.,T)j&3D',$G,;)<O0,+*3,+$+DH,CD%(+DH
(FJ37+43F+,(7,D'$EF6,W"`B],4(HH($FB,>*3,GH$$',D'3D,$G,+*3,%'$6EC+($F,GDC(H(+&,(7,D'$EF6,.0///,4.B
>*3,EF(+,%'$6EC+($F,C$7+,(7,D'$EF6,WY//j),$G,%E'(G(36,;)<B,877E4(F),D,73HH(F),%'(C3,$G,W.0X//j)0
+*3,%'$M3C+,&(3H67,DF,DG+3'!+DL,(F+3'FDH,'D+3,$G,'3+E'F,N;::O,$G,_eB_^,DF6,D,F3+,%'373F+,JDHE3
Ng5AO,$G,W].BX,4(HH($F,ND77E4(F),D,6(7C$EF+,(F+3'37+,$G,e^OB,=$I3J3'0,D7,I(+*,+*3,(F7EH(F
3LD4%H30,(G,D4$'+(KD+($F,$G,E%!G'$F+,:p2,C$7+,(7,C$F7(63'36,(F,+*3,3C$F$4(C,3JDHED+($F0,+*3
FE413'7,C*DF)3,6'D7+(CDHH&B,\$',(F7+DFC30,D,4$637+,D4$EF+,$G,W./,4(HH($F,G$',E%!G'$F+,:p2,C$7+
D4$'+(K36,$J3',D,%3'($6,$G,"/,&3D'7,'36EC37,+*3,;::,+$,./^,DF6,+*3,g5A,+$,W".BX,4(HH($FB
\()E'3,""!./,1'3DT7,6$IF,+*3,$%3'D+(F),C$7+B,>*3,3PE(%43F+!63%3F63F+,C$7+,(7,+*3,4$7+
(4%$'+DF+,(+340,DCC$EF+(F),G$',X/^,$G,+*3,4DFEGDC+E'(F),C$7+B,>*(7,(7,C$44$F,G$',*()*,JDHE3
%'$6EC+7,+*D+,D'3,%'$6EC36,(F,74DHH,PEDF+(+(37B,9D1$',H(37,(F,+*3,73C$F6,%$7(+($F,DCC$EF+(F),G$'
"`^,$G,+*3,+$+DH,C$7+B,@()*+,$%3'D+$'7,D'3,'3PE('36,+$,'EF,+*3,%HDF+,7E%%$'+36,1&,G$E',7C(3F+(7+7,G$'
m#jm8,I$'TB,:DI,4D+3'(DH7,DF6,C$F7E4D1H37,DCC$EF+,G$',""^,DF6,"]^0,'37%3C+(J3H&B

!X.!
!
8F-E')YYQYO),k3&,3C$F$4(C,3JDHED+($F,'37EH+7B

2('3C+,\(L36,#D%(+DH W"XB],4(HH($F
>$+DH,#D%(+DH,;FJ37+43F+ W"`B],4(HH($F
5HDF+,>*'$E)*%E+ `B.,T),$G,;)<j&3D'
bDFEGDC+E'(F),#$7+ WXB`_,4(HH($Fj&3D'
hF(+,5'$6EC+($F,,#$7+ WY/Zj),$G,;)<

?3HH(F),5'(C3 W.0X//j),$G,;)<
:3J3FE37 W"XBX,4(HH($Fj&3D'
<'$77,5'$G(+ WYBY,4(HH($Fj&3D'
>DL37,N_/^O W_B/,4(HH($Fj&3D'
g3+,5'$G(+ WeB_,4(HH($Fj&3D'

;::,NDG+3',+DL37O _eB_^
g5A,NG$',e^,6(7C$EF+,(F+3'37+O W].BX,4(HH($F

#$F7E4D1H37,(FCHE63,+*3,C$7+,$G,C*'$4D+$)'D%*&,'37(F7,DF6,4341'DF3,G(H+3'7,+*D+,F336,+$,13
'3%HDC36,$F,D,'3)EHD',1D7(7B,;F,+3'47,$G,C$7+,6(7+'(1E+($F,%3',73C+($F0,_`^,$G,+*3,C$7+,(7,D77$C(D+36
I(+*,+*3,E%7+'3D4,73C+($F,DF6,X_^,I(+*,+*3,6$IF7+'3D4B

S^
[^
UU^
U[^
"H,B ".,&$'(,08"
"Z,R-'CI$G$%6$%&"
]^ UX^
"E@*(G3$%&CI$G$%6$%&"
"Z,R-',&-'J_m#_m?"
"#-%8*3,R0$8"
"Q,8&$"I(8G-8,0"
"1&(0(&($8"

TS^

R"+C%')YYQ=H),,f'3DT6$IF,$G,4DFEGDC+E'(F),C$7+B

k3&,D77E4%+($F7,G$',+*3,3C$F$4(C,3JDHED+($F,(FCHE63Q,N"O,D,F3I,4DFEGDC+E'(F),GDC(H(+&,I(HH
13,1E(H+,DF6,636(CD+36,+$,%'$6EC+($F,$G,`B.,T)j&3D',$G,;)<[,N.O,+*3,3F+('3,6('3C+,G(L36,CD%(+DH,(7
63%'3C(D+36,H(F3D'H&,$J3',D,%3'($6,$G,+3F,&3D'7[,N]O,+*3,%'$M3C+,H(G3+(43,(7,"X,&3D'7[,N_O,+*3,EF(+,C$7+

!X]!
!
$G,R\;,(7,W/B"j9[,NXO,+*3,C$7+,$G,436(D,(7,WXj9,N1D736,$F,J$HE43,$G,7$HE+($F,G36,+$,1($'3DC+$'7O[
N`O,DHH,$G,+*3,C*34(CDH7,E736,D'3,$G,*()*,%E'(+&,)'D63[,NeO,+*3,EF(+,C$7+,$G,4341'DF37,(7,W]X/j4.[
NZO,+*3,EF(+,C$7+,$G,C*'$4D+$)'D%*&,'37(F7,(7,W`0///j90,W"0`//j90,W]0.//j9,G$',C$HE4F7,#!"/"0,#!
"/.0,DF6,#!"/]0,'37%3C+(J3H&[,NYO,+*3,C*'$4D+$)'D%*&,'37(F7,D'3,'3%HDC36,3J3'&,./,C&CH37[,DF6
N"/O,+*3,DJ3'D)3,ID7+3,6(7%$7DH,C$7+,(7,W/BXjT)B

D',("0"B"0.)F,FE.("(

8G+3',D,4$63H,G$',+*3,3F+('3,%'$C377,(7,63J3H$%36,$F,+*3,C$4%E+3'0,+$$H7,H(T3,?E%3'5'$
237()F3',CDF,13,E736,+$,D7T,DF6,'3D6(H&,DF7I3',zI*D+,(Gz,PE37+($F7,DF6,CD''&,$E+,73F7(+(J(+&
DFDH&7(7,I(+*,'37%3C+,+$,T3&,637()F,JD'(D1H37B,;F,+*(7,3LD4%H30,I3,H$$T36,D+,+*3,(4%DC+,$G,%'$6EC+

`SS

2:B<!":B<
YSS

]SS
09@A>;8C@7!"@B8!KQTDP

XSS
USS"3+_Z
TSS VTS"3+_Z
TSS"3+_Z
WSS

[SS

VSS

USS
S VS WS XS YS USS UVS
09@A>;8C@7!':8<!KWDTF<:9P

R"+C%')YYQ=Y,,5'$6EC+($F,C$7+,D7,D,GEFC+($F,$G,%'$6EC+,+(+3',DF6,%'$6EC+($F,'D+3B

+(+3',N(F,+*3,1($'3DC+$'O,DF6,%'$6EC+($F,'D+3,$F,EF(+,%'$6EC+($F,C$7+B,\$',D,%'$6EC+,+(+3',$G,"//
4)j90,+*3,C$7+,6'$%7,C$F7(63'D1H&,G$',%'$6EC+($F,'D+37,$G,E%,+$,Z/,T)j&3D',$G,%E'(G(36,;)<,N733
\()E'3,""!."OB,\$',*()*3',%'$6EC+($F,'D+370,+*3,C$7+,H3J3H7,$GG,DF6,D%%'$DC*37,D,JDHE3,$G,W.`/j)B
;FC'3D7(F),+*3,+(+3',G'$4,"//,4)j9,+$,.X/,4)j9,'36EC37,+*3,%'$6EC+($F,C$7+,1&,WY/!""/j)0
63%3F6(F),$F,%'$6EC+($F,'D+3B,>*3,'36EC+($F,(F,C$7+,(7,74DHH3',N(F,+*3,'DF)3,$G,W]/j),+$,W_Xj)O
I*3F,+*3,%'$6EC+,+(+3',(7,(FC'3D736,G'$4,.X/,4)j9,+$,X//,4)j9B,87,CDF,13,733F,G'$4,\()E'3,""!
."0,+*3,%'$6EC+($F,C$7+,'3DC*37,D,4(F(4E4,$G,W"X/j),D7,I3,(FC'3D73,+*'$E)*%E+,DF6,%'$6EC+,+(+3'B
\$',+*'$E)*%E+7,(F,+*3,'DF)3,$G,"//,T)j&3D',DF6,+(+3'7,$G,X//,4)j90,DH4$7+,Z/^,$G,+*3
4DFEGDC+E'(F),C$7+,(7,D77$C(D+36,I(+*,+*3,6$IF7+'3D4,73C+($FB,\E'+*3'4$'30,EF63',7EC*

!X_!
!
C$F6(+($F7,+*3,C$7+,$G,%E'(G(CD+($F,7CDH37,D%%'$L(4D+3H&,H(F3D'H&,I(+*,%'$6EC+($F,'D+30,13CDE73
4$7+,$G,+*3,C$7+,(7,D77$C(D+36,I(+*,%E'(G(CD+($F,'DI,4D+3'(DH7,DF6,C$F7E4D1H37B,>*3'3G$'30,H377
3L%3F7(J3,%'$6EC+,G$'4D+($F,$%+($F70,7EC*,D7,+'DF7)3F(C,DF(4DH7,DF6,)3F3+(CDHH&,DH+3'36,%HDF+70
CDF,$FH&,*DJ3,DF,(4%DC+,$F,+*3,./^,$G,+*3,+$+DH,C$7+,D77$C(D+36,I(+*,%'$6EC+,G$'4D+($FB,;F,$+*3'
I$'670,+*3,C$7+,$G,b81c7,I(HH,F$+,6'$%,13H$I,W"./j),NZ/^,$G,W"X/j)O0,F$,4D++3',I*D+,E%7+'3D4
+3C*F$H$)&,(7,E736B,>*3,$FH&,ID&,+$,)$,13H$I,+*3,W"./j),1D''(3',(7,1&,63J3H$%(F),H377,3L%3F7(J3
%'$6EC+,%E'(G(CD+($F,+3C*F$H$)(37,DF6,63%H$&(F),+*34,(F,C$41(FD+($F,I(+*,(F3L%3F7(J3,E%7+'3D4
+3C*F$H$)(37,N7EC*,D7,+'DF7)3F(C,DF(4DH7OB
k3&,D77E4%+($F7,G$',+*3,73F7(+(J(+&,DFDH&7(7,D'3,+*D+,N"O,+*3,C$4%$7(+($F,$G,G3'43F+D+($F
436(D,(7,(F63%3F63F+,$G,%'$6EC+,+(+3'[,DF6,N.O,+*3,7C*36EH(F),(7,(F63%3F63F+,$G,%HDF+,+*'$E)*%E+
ND7,I3,(FC'3D73,+*'$E)*%E+0,I3,C$F+(FE3,+$,%'$C377,__,1D+C*37,%3',&3D',1&,E+(H(K(F),HD')3',DF6
4EH+(%H3,%(3C37,$G,+*3,7D43,+&%3,$G,3PE(%43F+OB

1\Z!:9@D

YY5Y! 8"((C')1EF(/",#+',)A&0"BF0#%

>(77E3,%HD74(F$)3F,DC+(JD+$',N+58O,ID7,D4$F),+*3,G('7+,%'$6EC+7,$G,1($+3C*F$H$)&,+$,13
1D736,$F,'3C$41(FDF+,2g8,+3C*F$H$)&B,+58,(7,D,436(E4,4$H3CEHD',I3()*+,3FK&4D+(C,%'$+3(F
I*$73,%'(4D'&,D%%H(CD+($F,(7,(F,+*3,+'3D+43F+,$G,4&$CD'6(DH,(FGD'C+($F,N*3D'+,D++DCTO,%D+(3F+7B
\('7+,C*D'DC+3'(K36,(F,"YeY0,+*3,%'$+3(F,ID7,C$443'C(DHH&,63J3H$%36,1&,<3F3F+3C*0,I(+*,CH(F(CDH
+'(DH,PEDF+(+(37,DF6,%E'(+(37,13(F),DC*(3J36,(F,HD+3,"YZ_B,>*3,CE''3F+,4D'T3+,634DF6,(7,D'$EF6,"X
T)j&',$G,%E'(G(36,+580,I*(C*,)3F3'D+37,DFFEDH,'3J3FE37,$G,D'$EF6,W]//,4(HH($F,G$',<3F3F+3C*B
>*3,+&%(CDH,6$73,$G,+58,(7,D'$EF6,"//,4),DF6,+*(7,C$''37%$F67,+$,D,%'(C3,%3',6$73,$G,D'$EF6
W.0///B
>*3,4DFD)343F+,$G,&$E',C$4%DF&,13H(3J37,+*D+,+*3,I$'H6,634DF6,CDF,(FC'3D73,+$,4$'3
+*DF,.//,T),%3',&3D',(G,+*3,%'(C3,%3',6$73,(7,'36EC36,+$,D'$EF6,W]//B,f3G$'3,C$44(++(F),+$,+*3
J3F+E'30,&$E',%'37(63F+,I$EH6,H(T3,&$E0,D7,2('3C+$',$G,#$'%$'D+3,5HDFF(F)0,+$,3JDHED+3,D
+3C*F$H$)&,G$',%'$6EC(F),X/,T),$G,+58,%3',&3D',E7(F),+'DF7)3F(C,)$D+7B,fD736,$F,6D+D,G'$4
<3FK&43,>'DF7)3F(C70,&$E,TF$I,+*D+,&$E,CDF,1E&,4(HT,C$F+D(F(F),+58,D+,D,C$FC3F+'D+($F,$G,./
)j9,G$',D'$EF6,W.//j),$G,+58B
fD736,$F,(FG$'4D+($F,G'$4,+*3,+3C*F(CDH,DF6,%D+3F+,H(+3'D+E'30,63J3H$%,DF6,3JDHED+3,D
%'$C377,+*D+,CDF,'3C$J3',DF6,%E'(G&,X/,T),$G,+58,%3',&3D',G'$4,)$D+,4(HTB,b$'3,7%3C(G(CDHH&0
37+(4D+3,+*3,CD%(+DH,(FJ37+43F+,'3PE('36,DF6,+*3,EF(+,%'$6EC+($F,C$7+B

!XX!
!
YY5=! 6,2"+#

;F6()$,(7,D,6&3,+*D+,(7,E736,1&,63F(4,4DFEGDC+E'3'7,N+$,4DT3,1HE3,M3DF7OB,;+,*D7,133F
+'D6(+($FDHH&,%'$6EC36,+*'$E)*,C*34(CDH,7&F+*37(7B,>*3,C*34(CDH,'$E+30,*$I3J3'0,)3F3'D+37,HD')3
D4$EF+7,$G,'3)EHD+36,ID7+3,4D+3'(DH7,+*D+,4DT3,+*3,%'$C377,3FJ('$F43F+DHH&,EFD++'DC+(J3B,;F,+*3
HD+3,"YY/c70,<3F3FC$',;F+3'FD+($FDH,ND,1($+3C*F$H$)&,C$4%DF&O,C$443'C(DH(K36,D,+3C*F$H$)&,G$'
%'$6EC(F),(F6()$,J(D,G3'43F+D+($FB
fD736,$F,(FG$'4D+($F,G'$4,+*3,+3C*F(CDH,DF6,%D+3F+,H(+3'D+E'30,63J3H$%,DF6,3JDHED+3,D
%'$C377,G$',%'$6EC(F),X0///0///,T),$G,(F6()$,%3',&3D',J(D,G3'43F+D+($FB,>*3,%'$6EC+,4E7+,433+
+*3,PEDH(+&,7%3C(G(CD+($F7,$G,+*3,63F(4,(F6E7+'&B,b$'3,7%3C(G(CDHH&0,37+(4D+3,+*3,CD%(+DH
(FJ37+43F+,'3PE('36,DF6,+*3,EF(+,%'$6EC+($F,C$7+B

YY5>! :QE.(",'

9!H&7(F3,(7,DF,D4(F$,DC(6,+*D+,(7,%'$6EC36,(F,HD')3,PEDF+(+(37,N$J3',"//0///,43+'(C,+$F7,%3'
&3D'O,J(D,G3'43F+D+($FB,;+,(7,E736,D7,DF,DF(4DH,G336,7E%%H343F+,4D(FH&,G$',%$EH+'&,DF6,%()7B
fD736,$F,(FG$'4D+($F,G'$4,+*3,+3C*F(CDH,DF6,%D+3F+,H(+3'D+E'30,63J3H$%,DF6,3JDHED+3,D
%'$C377,G$',%'$6EC(F),"X0///0///,T),$G,9!H&7(F3,%3',&3D',J(D,G3'43F+D+($FB,n$E',DFDH&7(7,7*$EH6
(FCHE63,37+(4D+($F,$G,CD%(+DH,DF6,$%3'D+(F),C$7+B

YY5P! dF,04F,);C/

lDF+*DF,)E4,(7,D,ID+3'!7$HE1H3,%$H&7DCC*D'(63,%'$6EC36,J(D,G3'43F+D+($FB,;+,(7,E736,(F
G$$6,%'$6EC+7,D7,D,+*(CT3F3'0,7+D1(H(K3',DF6,DF,34EH7(G(3'B,lDF+*DF,)E4,(7,DH7$,E736,G$',3F*DFC36
$(H,'3C$J3'&B
fD736,$F,(FG$'4D+($F,G'$4,+*3,+3C*F(CDH,DF6,%D+3F+,H(+3'D+E'30,63J3H$%,DF6,3JDHED+3,D
%'$C377,G$',%'$6EC(F),"/0///0///,T),$G,LDF+*DF,)E4,%3',&3D'B,>*3,%'$6EC+,7*$EH6,433+,+*3
7%3C(G(CD+($F7,$G,+*3,%3+'$H3E4,(F6E7+'&,G$',3F*DFC36,$(H,'3C$J3'&B,n$E',DFDH&7(7,7*$EH6,(FCHE63
37+(4D+($F,$G,CD%(+DH,DF6,$%3'D+(F),C$7+B,8H7$0,%3'G$'4,73F7(+(J(+&,DFDH&7(7,DF6,37+(4D+3,+*3,EF(+
%'$6EC+($F,C$7+,G$',%HDF+,CD%DC(+(37,'DF)(F),G'$4,"/,+$,X/,4(HH($F,T),$G,LDF+*DF,)E4,%3',&3D'B

YY5O! !"#2'+%F2F-E')1#E./'%(

f3CDE73,$G,+*3,CD%DC(+&,H(4(+D+($F7,$G,E'1DF,HDF6G(HH70,1($63)'D6D1H3,%HD7+(C,%DCTD)(F)
4D+3'(DH7,D'3,$G,(F+3'37+,D7,D,43DF7,+$,'36EC3,+*3,H$D6,$G,7$H(6,ID7+3,6(7%$7DH,7&7+347B
5$H&!.!*&6'$L&1E+&'D+3,N5=fO0,D,1($63)'D6D1H3,%$H&37+3'0,(7,7EC*,D,%'$4(7(F),4D+3'(DH
+*D+,CDF,13,%'$6EC36,J(D,G3'43F+D+($FB,b(C'$$')DF(747,+*D+,7&F+*37(K3,5=f,(FCHE63,<'D4
%$7(+(J3,DF6,<'D4,F3)D+(J3,7%3C(37,DF6,C&DF$1DC+3'(DB,?$43,43413'7,$G,+*3,)'$E%7,$G
G.$-.,:%)%&,DF6,GN#*#2-$*%",D'3,+*3,4$7+,%'$4(7(F),13CDE73,+*3&,7+$'3,*()*,H3J3H7,$G,5=fB,5=f

!X`!
!
(7,7&F+*37(K36,DF6,7+$'36,(F+'DC3HHEHD'H&,D7,D,%$77(1H3,GE+E'3,CD'1$F,DF6,3F3')&,7$E'C3B,=()*
H3J3H7,$G,%$H&43',D'3,$1+D(F36,EF63',F(+'$)3F,DF6,%*$7%*$'$E7,H(4(+D+($FB,8+,$%+(4E4
C$F6(+($F70,5=f,CDF,'3DC*,e/!Z/^,1&,I3()*+,$G,+*3,C3HH,4D77,$G,+*3,$')DF(74B
fD736,$F,(FG$'4D+($F,G'$4,+*3,+3C*F(CDH,DF6,%D+3F+,H(+3'D+E'30,637()F,DF6,3JDHED+3,D,%HDF+
+*D+,%'$6EC37,]/0///0///,T),$G,5=f,%3',&3D'B,n$E',DFDH&7(7,7*$EH6,(FCHE63,37+(4D+($F,$G,CD%(+DH
DF6,$%3'D+(F),C$7+7B

YY5?! *'0'%+',0)9,g./'(

5'$+3$H&+(C,3FK&437,D'3,E736,(F,63+3')3F+7,+$,*&6'$H&K3,DF6,'34$J3,%'$+3(FDC3$E7,7+D(F7B
>*3,C$443'C(DHH&,(4%$'+DF+,%'$+3$H&+(C,3FK&437,+*D+,D'3,E736,(F,63+3')3F+7,D'3,4D(FH&,%'$6EC36
1&,M-$,../&'&/2*,.,&,DF6,M-$,../&'.,$+%),0#"1,&B,>*373,3FK&437,D'3,3F6$!CH3DJ(F)0,*DJ3,1'$D6
7%3C(G(C(+&0,D'3,DC+(J3,$J3',D,I(63,%=,'DF)3,DF6,CDHC(E4,(4%'$J37,+*3(',7+D1(H(+&,D+,*()*
+34%3'D+E'3,$',3L+'3437,$G,%=B,>*3(',4$H3CEHD',I3()*+,(7,D'$EF6,]/0///,DF6,+*3(',(7$3H3C+'(C
%$(F+,(7,(F,+*3,'DF)3,$G,ZBX!YBXB
>*3,CE''3F+,I$'H6,634DF6,G$',63+3')3F+,3FK&437,(7,D'$EF6,"/0///,43+'(C,+$F7,N$G,%E'3
3FK&43O,%3',&3D'0,C$''37%$F6(F),+$,D,I$'H6,4D'T3+,$G,D'$EF6,W]//,4(HH($FB
>*3,4D'T3+(F),63%D'+43F+,$G,&$E',C$4%DF&,13H(3J37,+*D+,+*3,I$'H6,634DF6,CDF,(FC'3D73,+$
4$'3,+*DF,./0///,43+'(C,+$F7,%3',&3D',(G,+*3,73HH(F),%'(C3,(7,'36EC36,+$,D'$EF6,W"XjT),$G,%E'3
3FK&43B,f3G$'3,C$44(++(F),+$,+*3,J3F+E'30,&$E',C$4%DF&,I$EH6,H(T3,&$E,+$,3JDHED+3,+*3,C$7+
7+'EC+E'3,$G,+*3,CE''3F+,%'$6EC3'7,DF6,G(F6,$E+,(G,(+,(7,%$77(1H3,N+*'$E)*,+*3,E73,$G,)3F3+(C
3F)(F33'(F),DF6,4$63'F,73%D'D+($F,+3C*F$H$)(37O,+$,%'$6EC3,7EC*,3FK&437,G$',H377,+*DF,W"/jT)B

YY5I! 84'%F$'C0"&)1%#0'",()W%#/)8%F,(+',"&)8#-F&&#

>'DF7)3F(C,%HDF+7,N3B)B0,C$'F0,+$1DCC$0,3+CBO,*DJ3,+*3,%$+3F+(DH,+$,%'$6EC3,C$4%H3L,1($DC+(J3
%'$+3(F7,D+,7()F(G(CDF+H&,H$I3',C$7+,+*DF,%'$6EC+($F,J(D,+'DF7)3F(C,DF(4DH7,$',4D44DH(DF,C3HH
CEH+E'37B,>*3,D6JDF+D)37,$G,+'DF7)3F(C,%HDF+,%'$6EC+($F,D'3,3D7&,DF6,3GG(C(3F+,(F+'$6EC+($F,$G
7+D1H3,G$'3()F,)3F370,C$7+!3GG3C+(J3,1($4D77,%'$6EC+($F,NW/B/.,+$,W/B/_,%3',T)O0,F$,%$77(1H3
C$F+D4(FD+($F,I(+*,*E4DF,6(73D73,D)3F+70,DF6,+*3,D1(H(+&,+$,%3'G$'4,C$4%H3L,%'$+3(F,%'$C377(F)
F33636,G$',4DF&,1($DC+(J3,*E4DF,+*3'D%3E+(C7B,#$7+!3GG3C+(J3,1($4D77,%'$6EC+($F,4DT37,+*(7
4$63,$G,%'$6EC+($F,7E(+D1H3,G$',HD')3,J$HE43,'3C$41(FDF+,%'$+3(F7B,>*3,D1(H(+&,+$,%3'G$'4
C$4%H3L,%'$+3(F,%'$C377(F),(7,D6JDF+D)3$E7,G$',%'$6EC+($F,$G,+*3'D%3E+(C,)H&C$%'$+3(F7,DF6
1($DC+(J3,%3%+(637B,2$IF7+'3D4,%'$C377(F),C$7+7,D'3,D,4DM$',%$'+($F,$G,+*3,+$+DH,EF(+,%'$6EC+($F
C$7+,D77$C(D+36,I(+*,+'DF7)3F(C,%HDF+,%'$6EC+($F,$G,HD')3,J$HE43,+*3'D%3E+(C,%'$+3(F7B,>*3'3G$'30
%'(4D'&,'3C$J3'&,'3PE('37,7()F(G(CDF+,J$HE43,'36EC+($FB,,aFC3,J$HE43,'36EC+($F,DF6,1($4D77

!Xe!
!
'34$JDH,D'3,DC*(3J360,C*'$4D+$)'D%*(C,%E'(G(CD+($F,(7,'3PE('36,+$,'34$J3,%HDF+,%'$+3(F
(4%E'(+(37B
237()F,D,%E'(G(CD+($F,%'$C377,G$',E73,(F,D,GDC(H(+&,4DFEGDC+E'(F),"//,43+'(C,+$F7,%3',&3D',$G
D,'3C$41(FDF+,*E4DF,1H$$6,%'$+3(F,G'$4,+'DF7)3F(C,+$1DCC$B,877E43,+*D+,+*3,3L%'377($F,H3J3H,(7
/BX,),$G,%'$6EC+,%'$+3(F,%3',T),$G,+$1DCC$B,,877E43,+*D+,1($4D77,%'$6EC+($F,DF6,%'(4D'&
'3C$J3'&,D'3,%3'G$'436,D+,D,73%D'D+3,7(+3B,,>*3,G336,+$,+*3,%E'(G(CD+($F,73C+($F,(7,_0///,9,%3',6D&
NC$F+D(F(F),.//,)j9,$G,%'$6EC+,%'$+3(FO,DF6,+*(7,4D+3'(DH,(7,%E'C*D736,G$',W/BXj),$G,%'$6EC+
%'$+3(FB,>*3,%'$C377,7*$EH6,(FCHE63,+*3,D%%'$%'(D+3,G(H+'D+($F,DF6,C*'$4D+$)'D%*(C,7+3%7B,877E43
+*D+,D,C$41(FD+($F,$G,DGG(F(+&,DF6,($F,3LC*DF)3,C*'$4D+$)'D%*&,%'$J(63,iY/^,%E'3,%'$6EC+B
K!"#$%&'(!)&*&(+$,--,)./0(1230(4.&5,%67(89:,9&&$,9:(;&<6$)5&9)O

\9R9\97<9D

873FM$0,oB,DF6,\B,bDE)3'(,N"YY"OB,8F,3L%3'+,7&7+34,G$',73H3C+($F,DF6,7&F+*37(7,$G,%'$+3(F
%E'(G(CD+($F,%'$C377370,(F,P"#)*,%"&',)'M,#!"#$%&&,):'660,N>$660,5B0,?BkB,?(T6D',DF6,bB,f(3'0,D6BO0
8#?,f$$T70,RD7*(F)+$FB

8+T(F7$F,fB,DF6,\B,bDJ(+EFD,N"YY"OB,M,#$+%1,$-.'?):,)%%",):'-)5'M,#*%$+)#.#:('Q-)52##C0
.F6,36(+($F0,?+$CT+$F,5'377,NbDCb(HHDF,5E1H(7*3'7O0,__e!X"YB

8L3H77$F0,=B8B#B,N"YZXOB,#3F+'(GE)D+($F0,(F,9#1!"%+%)&,8%'M,#*%$+)#.#:(0,NbE''D&,b$$!
n$EF)0,36BO0,A$HB,.B0,53')D4$F,5'377B

fD'G$360,=B#B,N"YZeOB,;F7EH(F,5'$6EC+($F,>3C*F$H$)&0,9+%1='?):='4"#:0,Z]0,_Y!X_B

fME'7+'$4,@6,N"YZXOB,f($+3C*F$H$)&0,9+%1,$-.'?):,)%%",):0,\31'ED'&,(77E3B

fHDFC*,=BRB,DF6,2B?B,#HD'T,N"YYeOB,M,#$+%1,$-.'?):,)%%",):0,bD'C3H,23TT3'0,g3I,n$'TB

f'EFF3'0,kB=B,DF6,=B,=34G$'+,N"YZZOB,#3F+'(GE)DH,?3%D'D+($F,(F,f($+3C*F$H$)(CDH,5'$C377370,(F
G58-)$%&',)'M,#*%$+)#.#:,$-.'4"#$%&&%&0,,A$HB,Z0,Nb(K'D*(0,8B,36BO0,8HDF,:B,9(770;FCB0,gnB

#*DF)0,nB!kB,DF6,=B8B,#*D73,N"YY`OB,23J3H$%43F+,$G,$%3'D+(F),C$F6(+($F7,G$',%'$+3(F
%E'(G(CD+($F,E7(F),3L%DF636,136,+3C*F(PE37Q,>*3,3GG3C+,$G,+*3,63)'33,$G,136,3L%DF7($F,$F
D67$'%+($F,%3'G$'4DFC30,M,#*%$+='R'M,#%):B0,_Y0,X".!X.`B

#*DFB,bBnBnB0,bB,=$D'30,DF6,5B,2EFF(HH,N"YZ`OB,>*3,k(F3+(C7,$G,5'$+3(F,5'3C(%(+D+($F,1&
2(GG3'3F+,:3D)3F+70,M,#*%$+)#.#:('-)5'M,#%):,)%%",):0,A$HB,llA;;;0,]Ze!]Y]B

#'E3)3',RB,DF6,8B,#'E3)3',N"YZYOB,M6>I?9QO>D>ST'U'G'I%V*2##C'#0'6)5/&*",-.
;,$"#2,#.#:(0,.F6,36(+($F0,?(FDE3',877$C(D+370,;FCB0,?EF63'HDF60,b8B

2D+D0,:B,DF6,#B!<B,:$73F,N"YY/OB,2$IF7+'3D4,%'$C377,3C$F$4(C70,e_"!eY]B,;F,3%!-"-*,#)
4"#$%&&%&',)'M,#*%$+)#.#:(0,N873FM$0,oB80,36BO0,bD'C3H,23TT3'0,gnB

!XZ!
!
23n$EF)0,=B<B,N"YY`OB,bEH+(%H3,#*$(C37,G$',b$F$CH$FDH,5'$6EC+($FB,S%)%*,$'?):,)%%",):,O%B&0
WX'O#='WY=,".!]]B

2H$E*&0,5B@B,DF6,6B8B,2D*H7+'$4,N"Y`ZOB,#$F+(FE$E7,\(H+'D+($F,(F,5*D'4DC3E+(CDH,5'$C377(F)0
9+%1,$-.'?):,)%%",):'4"#:"%&&0,`_0,g$B,_0,""`!"."B

2$E)HD70,oBbB,N"YZZOB,9#)$%!*/-.'@%&,:)'#0'9+%1,$-.'4"#$%&&%&0,bC<'DI!=(HH0,g3I,n$'TB

\(7*0,RBRB0,8B,2DF(3H7$F0,kB,g$'6H(F)0,?B=B,b(HH3'0,#B\B,9D40,DF6,;B,fM$'T,N"YZXOB,23FD+E'D+($F
f3*DJ($',$G,8F+(+*'$41(F,(F,<EDF(6(F(E4,#*H$'(630,M,#$+%1,&*"(0,._0,"X"/!"X"eB

\'3373,=B9B,N"YY]OB,@JD%$'D+($F0,(F,P%"1%)*-*,#)'-)5'M,#$+%1,$-.''?):,)%%",):'Q-)52##C0
NA$)3H0,=B#B0,36BO0,g$&37,5E1H(CD+($F70,5D'T,:(6)30,g3I,o3'73&0,..e!._.B

\'$*H(C*0,fB>B,N"YYYOB,#$F7(63'D+($F7,G$',23J3H$%(F),;F!*$E73,#D%D1(H(+(37,G$',#$7+,$G,<$$67
@7+(4D+($F0,(F,M,#!+-"1-$%/*,$-.'4"#$%&&'?$#)#1,$&'-)5'>!*,1,N-*,#)'NC$FG3'3FC3
%'$C336(F)7O0,?3%+3413',]/,d,aC+$13',"0,"YYY0,;F+3'FD+($FDH,fE7(F377,#$44EF(CD+($F7
N%E1H(7*3'OB

<D''3++0,2B@B,N"YZYOB,9+%1,$-.'?):,)%%",):'?$#)#1,$&0,ADF,g$7+'DF6,:3(F*$H60,g3I,n$'TB

kDHT0,oB5B0,DF6,8B\B,9DF)H&TT30,N"YZ`OB,#$7+,37+(4D+($F,G$',1($+3C*F$H$)&,%'$M3C+70,(F,;-)/-.'#0
6)5/&*",-.';,$"#2,#.#:(-)5'M,#*%$+)#.#:('N234D(F,8B9B,DF6,?$H$4$F,gB8B,,36BO0B,843'(CDF
?$C(3+&,G$',b(C'$1($H$)&0,RD7*(F)+$F0,2B#B0,]`]!]ZXB

k3*$30,oB8B,N"YZYOB,>*3,?+$'&,$G,f($7&F+*3+(C,=E4DF,;F7EH(F0,_X!_YB,;F,P"#)*,%"&',)
M,#!"#$%&&,):0,N?(T6D'0,?Bk0,bB,f(3'0,DF6,5B,>$660,36(+$'7BO0,#:#,5'3770,;FCB0,f$CD,:D+$F0,\9B

kEHD0,bB!:B,DF6,=$'7+,?B,N"YZeOB,5E'(G(CD+($F,$G,5'$+3(F7,DF6,+*3,2(7'E%+($F,$G,b(C'$1(DH,#3HH70
M,#*%$+)#.#:('4"#:"%&&0,]0,g$B"B

9373'0,@BRB,DF6,oB8B,873FM$,N"YY.OB,:D+($FDH,637()F,$G,%E'(G(CD+($F,%'$C37737,G$','3C$41(FDF+
%'$+3(F70,Z#/")-.'#0'9+"#1-*#:"-!+(0,XZ_0,_]!XeB

9D6(7C*0,bB:B,DF6,k$*H4DFF0,kB9B,N"YY.OB,:3C$41(FDF+,=E4DF,;F7EH(F0,M,#*%$+)#.#:(=
4"#:"%&&0,Z0,_`Y!_eZB

5DH43'0,2B@B,N"YeeOB,=()*,5E'(+&,5'$+3(F,:3C$J3'&0,4"#$%&&'M,#$+%1,&*"(0,oEF30,._!.ZB

53+3'70,bDL,?B0,DF6,kHDE7,2B,>(443'*DE7,N"YY"OB,4.-)*'@%&,:)'-)5'?$#)#1,$&'0#"'9+%1,$-.
?):,)%%"&0,_+*,36(+($F0,bC<'DI!=(HH0,gnB

53+'(6370,2B5B0,#B9B,#$$F3&0,DF6,9BfB,@JDF7,N"YZYOB,8F,;F+'$6EC+($F,+$,f($C*34(CDH,5'$C377
237()F0,(F,9+%1,$-.'?):,)%%",):'4"#2.%1&',)'M,#*%$+)#.#:(0,N?*EH3'0,bB90,36BO0,A$HB,"0,8;#*@0
]X"!]e.B

53+'(6370,2B5B,N"YY_OB,f($5'$,237()F3',d,8F,86JDFC36,#$4%E+(F),@FJ('$F43F+,G$',b$63H(F)
DF6,237()F,$G,;F+3)'D+36,f($C*34(CDH,5'$C377370,9#1!/*%"&'-)5'9+%1,$-.'?):,)%%",):0,"Z,N??OQ
?`."!?`.XB

!XY!
!
53+'(6370,2B5B0,@B,?D%(6$E0,DF6,oB,#DHDF6'DF(7,N"YYXOB,#$4%E+3'!8(636,5'$C377,8FDH&7(7,DF6
@C$F$4(C,@JDHED+($F,G$',f($7&F+*3+(C,=E4DF,;F7EH(F,5'$6EC+($F,d,8,#D73,?+E6&0,M,#*%$+)#.#:(
-)5'M,#%):,)%%",):0,X0,X.Y!X_"B

:3(74DF0,=BfB,N"YZZOB,?$#)#1,$'G)-.(&,&'#0'P%"1%)*-*,#)'4"#$%&&%&B,#:#,5'3770,;FCB0,f$CD
:D+$F0,\HDB

:$13'+7,9B:B,N"YeYOB,;F,?)$($.#!%5,-'#0'9+%1,$-.'4"#$%&&,):'-)5'@%&,:)0,Z0,bD'C3H,23TT3'0
g3I,n$'T0,]._!]]]B

?3DJ3'0,?B?B,N"YYeOB,b$F$CH$FDH,8F+(1$6(37Q,h7(F),g3I,>3C*F(PE37,+$,:36EC3,23J3H$%43F+
>(43B,S%)%*,$'?):,)%%",):'O%B&['W\['O#='W0,"]!.ZB

?3(63'0,RB2B0,oB2B,?3D63'0,DF6,2B:B,93I(F,N"YYYOB,47>9?33'@?36SO'476O964D?3'U
3()*+%&,&['G)-.(&,&['-)5'?8-./-*,#)0,o$*F,R(H3&,p,?$F70,g3I,n$'TB

?4(+*,<B9B,N"YY_OB,9D')3,?CDH3,8F(4DH,#3HH,#EH+E'30,(F,M,#!"#$%&&'?):,)%%",):,,NfBkB,9&63'73F0
gB8B,2u@H(D0,DF6,kB9B,g3H7$F,36BO0,R(H3&,;F+3'7C(3FC30,g3I,n$'T0,`Y!Z_B

>D&H$'0,<B0,bB,=$D'30,2B:B,<'D&0,DF6,\B8BaB,bD'7+$F,N"YZ`OB,?(K3,DF6,23F7(+&,$G,5'$+3(F
;FCHE7($F,f$6(370,M,#EI%$+)#.#:(0,_0,oEF3B

hH'(C*0,<B2B,N"YZ_OB,G'S/,5%'*#'9+%1,$-.'4"#$%&&'@%&,:)'-)5'?$#)#1,$&0,o$*F,R(H3&,p,?$F70
;FCB

ADH3F+(F$0,\BRB,DF6,<B@B,RDH43+,N"YZ`OB,;F6E7+'(DH,RD7+3,:36EC+($FQ,>*3,5'$C377,5'$1H34B
@FJ('$F43F+B,.Z0,"`!]_B

ADHH3!:(37+'D0,oB\B,N"YZ]OB,4"#]%$*'?8-./-*,#)',)'*+%'9+%1,$-.'4"#$%&&'6)5/&*",%&0,bC<'DI!=(HH0
gnB

R*33HI'()*+0,?BbB,N"YZeOB,237()F(F),2$IF7+'3D4,5'$C37737,G$',9D')3!?CDH3,5'$+3(F
5E'(G(CD+($F0,M,#EI%$+)#.#:(0,X0,eZY!eY]B

!`/!
!

You might also like