79++)78)( %27;)67 746-2+ %9+978

 )<%1-2%8-327  SJ 
%(:%2')(*-2%2'-%0%''3928-2+%2('36436%8)6)4368-2+ 7)1)78)6



1EVOW
5  E 'SRWSPMHEXIH 7XEXIQIRX SJ 'SQTVILIRWMZI -RGSQI JSV XLI +SPH +VSYT JSV XLI ]IEV
IRHIH .YRI  

6W 

6IZIRYI ?   \    \  A  

'SWX SJ WEPIW ?   \    \    A ;  

+VSWW TVSJMX  

+IR
%HQMR I\TIRWIW
?   \    \   ;  A  
1EVOIXMRK ERH HMWXVMFYXMSR I\TIRWIW
?   \    \  A  

+EMR SR HMWTSWEP SJ MRZIWXQIRX MR 'STTIV ;  

*MRERGI GSWXW ?   \    \  A  

7LEVI SJ TVSJMX SJ EWWSGMEXI  \  \   

4VSJMX FIJSVI XE\  

-RGSQI XE\ I\TIRWI ?   \    \  A  

4VSJMX JSV XLI ]IEV  

3XLIV GSQTVILIRWMZI MRGSQI
+EMRW SR EZEMPEFPI JSV WEPI MRZIWXQIRXW  

8SXEP GSQTVILIRWMZI MRGSQI JSV XLI ]IEV  

4VSJMX JSV XLI ]IEV EXXVMFYXEFPI XS

)UYMX] LSPHIVW SJ XLI TEVIRX    

2SRGSRXVSPPMRK MRXIVIWX ;  



8SXEP GSQTVILIRWMZI MRGSQI EXXVMFYXEFPI XS

)UYMX] LSPHIVW SJ XLI TEVIRX    

2SRGSRXVSPPMRK MRXIVIWX ;  



;SVOMRKW
+VSYT 7XVYGXYVI  7MPZIV
4EVIRX 7LEVI  

2'- 7LEVI 
+VSYT 7XVYGXYVI  'STTIV
4EVIRX 7LEVI  

2'- 7LEVI 
!

8LIWYKKIWXIHERW[IVWTVSZMHIHSRERH QEHIEZEMPEFPI XLVSYKLXLI -RWXMXYXI W[IFWMXI QE] SRP]FI VIJIVVIH VIPMIHYTSRSV XVIEXIH EW EKYMHIERHWYFWXMXYXI JSVTVSJIWWMSREP
EHZMGI8LI-RWXMXYXIHSIWRSXXEOIER]VIWTSRWMFMPMX]EFSYXXLIEGGYVEG]GSQTPIXIRIWWSVGYVVIRG]SJXLIMRJSVQEXMSRTVSZMHIHMRXLIWYKKIWXIHERW[IVW8LIVIJSVIXLI-RWXMXYXIMW
RSXPMEFPIXSEXXIRHSVVIGIMZIER]GSQQIRXWSFWIVZEXMSRWSVGVMXMGWVIPEXIHXSXLIWYKKIWXIHERW[IVW
 79++)78)( %27;)67 746-2+ %9+978  )<%1-2%8-327  SJ 
%(:%2')(*-2%2'-%0%''3928-2+%2('36436%8)6)4368-2+ 7)1)78)6



1EVOW
;2  %HHMXMSREP (ITVIGMEXMSR SR *EMV ZEPYI
EHNYWXQIRXW SJ 4PERX 6YTIIW 

-RGVIEWI MR ZEPYI EX EGUYMWMXMSR HEXI 

6IQEMRMRK YWIJYP PMJI MR ]IEVW 
=IEVP] GLEVKI     

'LEVKI JVSQ HEXI SJ EGUYMWMXMSR  \   

;2  +EMR SR HMWTSWEP SJ WLEVIW MR 'STTIV

*EMV ZEPYI SJ GSRWMHIVEXMSR VIGIMZIH  
4PYW JEMV ZEPYI SJ  WLEVIW VIXEMRIH  
0IWW WLEVI SJ JEMV ZEPYI SJ GSRWSPMHEXIH GEVV]MRK ZEPYI
SJ XLI WYFWMHMEV] EX HEXI GSRXVSP MW PSWX
7LEVI GETMXEP  \ 6W  
6IWIVZIW ?   \  \  A  
9RMQTEMVIH KSSH[MPP ;   

+EMR SR WEPI  

;2  +SSH[MPP  'STTIV

*EMV ZEPYI SJ GSRWMHIVEXMSR XVERWJIVVIH  
2'- EX TVSTSVXMSREXI WLEVI SJ RIX EWWIXW  \   

2IX EWWIXW EX EGUYMWMXMSR
7LEVI GETMXEP  
6IWIVZIW   

+SSH[MPP  

;2  2SRGSRXVSPPMRK MRXIVIWXW 4VSJMX JSV 8SXEP GSQT
7MPZIV XLI ]IEV MRGSQI
-RGSQI EW TIV EGGSYRXW JSV XLI ]IEV   
%HHMXMSREP HITVIGEXMSR SR *: EHNYWXQIRX   
  
2'-  \  \    
'STTIV
-RGSQI EW TIV EGGSYRXW JSV XLI ]IEV   
2'-  \  \    

8SXEP 2'-   

8LIWYKKIWXIHERW[IVWTVSZMHIHSRERH QEHIEZEMPEFPI XLVSYKLXLI -RWXMXYXI W[IFWMXI QE] SRP]FI VIJIVVIH VIPMIHYTSRSV XVIEXIH EW EKYMHIERHWYFWXMXYXI JSVTVSJIWWMSREP
EHZMGI8LI-RWXMXYXIHSIWRSXXEOIER]VIWTSRWMFMPMX]EFSYXXLIEGGYVEG]GSQTPIXIRIWWSVGYVVIRG]SJXLIMRJSVQEXMSRTVSZMHIHMRXLIWYKKIWXIHERW[IVW8LIVIJSVIXLI-RWXMXYXIMW
RSXPMEFPIXSEXXIRHSVVIGIMZIER]GSQQIRXWSFWIVZEXMSRWSVGVMXMGWVIPEXIHXSXLIWYKKIWXIHERW[IVW
 79++)78)( %27;)67 746-2+ %9+978  )<%1-2%8-327  SJ 
%(:%2')(*-2%2'-%0%''3928-2+%2('36436%8)6)4368-2+ 7)1)78)6



1EVOW

;2  9RVIEPM^IH TVSJMX MR MRZIRXSV]

7EPIW XS +SPH F] 7MPZIV 
4VSJMX QEVKMR   

9RVIEPM^IH TVSJMX MR MRZIRXSV]   

!
F M )RZMVSRQIRXEP VITSVXMRK MW XLI HMWGPSWYVI SJ MRJSVQEXMSR MR XLI TYFPMWLIH ERRYEP
VITSVX SV IPWI[LIVI SJ XLI IJJIGX XLEX XLI STIVEXMSRW SJ XLI FYWMRIWW LEZI SR XLI
REXYVEP IRZMVSRQIRX 
MM 4YFPMWLIH ERRYEP VITSVX MRGPYHMRK JMRERGMEP WXEXIQIRXW 
% WITEVEXI IRZMVSRQIRX VITSVX MR XLI JSVQ SJ TETIV SV IPIGXVSRMG HSGYQIRX TSWXIH

SR GSQTER]W [IFWMXI

MMM 8LI -%7& IRGSYVEKIW GSQTERMIW XS TVIWIRX IRZMVSRQIRXEP VITSVX MJ QEREKIQIRX

FIPMIZIW XLEX MX [MPP EWWMWX YWIVW MR QEOMRK IGSRSQMG HIGMWMSRW FYX XLI] EVI RSX 
QERHEXSV]
-%7 QIRXMSRW XLEX ER] WXEXIQIRX SV VITSVX TVIWIRXIH SYXWMHI JMRERGMEP
WXEXIQIRXW MW SYXWMHI XLI WGSTI SJ -*67 LIRGI XLIVI EVI RS QERHEXSV] -*67
VIUYMVIQIRXW JSV WITEVEXI IRZMVSRQIRXEP VITSVXW

MZ 'SRXIRX SJ *MVQW
%R]  4SMRXW
 1EVO JSV )EGL 4SMRX
8LI IRXMX] W TSPMG] XS[EVHW XLI IRZMVSRQIRX ERH ER] MQTVSZIQIRXW QEHI
WMRGI JMVWX EHSTXMRK XLI TSPMG]
;LIXLIV XLI IRXMX] LEW E JSVQEP W]WXIQ JSV QEREKMRK IRZMVSRQIRXEP VMWOW
8LI MHIRXMX] SJ XLI HMVIGXSVW VIWTSRWMFPI JSV IRZMVSRQIRXEP MWWYIW
8LI IRXMX] W TIVGITXMSR SJ XLI VMWOW XS XLI IRZMVSRQIRX JVSQ MXW STIVEXMSRW
8LI I\XIRX XS [LMGL XLI IRXMX] [SYPH FI GETEFPI SJ VIWTSRHMRK XS E QENSV
IRZMVSRQIRXEP HMWEWXIV ERH ER IWXMQEXI SJ XLI JYPP IGSRSQMG GSRWIUYIRGIW SJ
WYGL E JYXYVI QENSV HMWEWXIV
8LI IJJIGXW SJ ERH XLI IRXMX] W VIWTSRWIW XS ER] KSZIVRQIRX PIKMWPEXMSR SR
IRZMVSRQIRXEP QEXXIVW
(IXEMPW SJ ER] WMKRMJMGERX MRJVMRKIQIRX SJ IRZMVSRQIRXEP PIKMWPEXMSR SV
VIKYPEXMSRW
1EXIVMEP IRZMVSRQIRXEP PIKEP MWWYIW MR [LMGL XLI IRXMX] MW MRZSPZIH
(IXEMPW SJ ER] WMKRMJMGERX MRMXMEXMZIW XEOIR MJ TSWWMFPI PMROIH XS EQSYRXW MR
JMRERGMEP WXEXIQIRXW
(IXEMPW SJ OI] MRHMGEXSVW MJ ER] YWIH F] XLI IRXMX] XS QIEWYVI IRZMVSRQIRXEP
TIVJSVQERGI %GXYEP TIVJSVQERGI WLSYPH FI GSQTEVIH [MXL XEVKIXW ERH [MXL
TIVJSVQERGI MR TVMSV TIVMSHW

8LIWYKKIWXIHERW[IVWTVSZMHIHSRERH QEHIEZEMPEFPI XLVSYKLXLI -RWXMXYXI W[IFWMXI QE] SRP]FI VIJIVVIH VIPMIHYTSRSV XVIEXIH EW EKYMHIERHWYFWXMXYXI JSVTVSJIWWMSREP
EHZMGI8LI-RWXMXYXIHSIWRSXXEOIER]VIWTSRWMFMPMX]EFSYXXLIEGGYVEG]GSQTPIXIRIWWSVGYVVIRG]SJXLIMRJSVQEXMSRTVSZMHIHMRXLIWYKKIWXIHERW[IVW8LIVIJSVIXLI-RWXMXYXIMW
RSXPMEFPIXSEXXIRHSVVIGIMZIER]GSQQIRXWSFWIVZEXMSRWSVGVMXMGWVIPEXIHXSXLIWYKKIWXIHERW[IVW
 79++)78)( %27;)67 746-2+ %9+978  )<%1-2%8-327  SJ 
%(:%2')(*-2%2'-%0%''3928-2+%2('36436%8)6)4368-2+ 7)1)78)6



!
1EVOW
*MRERGMEP MRJSVQEXMSR
8LI IRXMX] W EGGSYRXMRK TSPMGMIW VIPEXMRK XS IRZMVSRQIRXEP GSWXW TVSZMWMSRW ERH
GSRXMRKIRGMIW
8LI EQSYRX GLEVKIH XS XLI MRGSQI WXEXIQIRX SV WXEXIQIRX SJ GSQTVILIRWMZI
MRGSQI HYVMRK XLI EGGSYRXMRK TIVMSH MR VIWTIGX SJ I\TIRHMXYVI XS TVIZIRX SV
VIGXMJ] HEQEKI XS XLI IRZMVSRQIRX GEYWIH F] XLI IRXMX] W STIVEXMSRW 8LMW
GSYPH FI EREP]WIH FIX[IIR I\TIRHMXYVI XLEX XLI IRXMX] [EW PIKEPP] SFPMKIH XS
MRGYV ERH SXLIV I\TIRHMXYVI
8LI EQSYRX GLEVKIH XS XLI MRGSQI WXEXIQIRX SV WXEXIQIRX SJ GSQTVILIRWMZI
MRGSQI HYVMRK XLI EGGSYRXMRK TIVMSH MR VIWTIGX SJ I\TIRHMXYVI XS TVSXIGX
IQTPS]IIW ERH WSGMIX] MR KIRIVEP JVSQ XLI GSRWIUYIRGIW SJ HEQEKI XS XLI
FIX[IIR GSQTYPWSV] ERH ZSPYRXEV] I\TIRHMXYVI
(IXEMPW MRGPYHMRK EQSYRXW SJ ER] TVSZMWMSRW SV GSRXMRKIRX PMEFMPMXMIW VIPEXMRK
IRZMVSRQIRXEP QEXXIVW
8LI EQSYRX SJ IRZMVSRQIRXEP I\TIRHMXYVI GETMXEPM^IH HYVMRK XLI ]IEV
(IXEMPW SJ JMRIW TIREPXMIW ERH GSQTIRWEXMSR TEMH HYVMRK XLI EGGSYRXMRK TIVMSH
VIWTIGX SJ RSRGSQTPMERGI [MXL IRZMVSRQIRXEP VIKYPEXMSRW

8LIWYKKIWXIHERW[IVWTVSZMHIHSRERH QEHIEZEMPEFPI XLVSYKLXLI -RWXMXYXI W[IFWMXI QE] SRP]FI VIJIVVIH VIPMIHYTSRSV XVIEXIH EW EKYMHIERHWYFWXMXYXI JSVTVSJIWWMSREP
EHZMGI8LI-RWXMXYXIHSIWRSXXEOIER]VIWTSRWMFMPMX]EFSYXXLIEGGYVEG]GSQTPIXIRIWWSVGYVVIRG]SJXLIMRJSVQEXMSRTVSZMHIHMRXLIWYKKIWXIHERW[IVW8LIVIJSVIXLI-RWXMXYXIMW
RSXPMEFPIXSEXXIRHSVVIGIMZIER]GSQQIRXWSFWIVZEXMSRWSVGVMXMGWVIPEXIHXSXLIWYKKIWXIHERW[IVW
 79++)78)( %27;)67 746-2+ %9+978  )<%1-2%8-327  SJ 
%(:%2')(*-2%2'-%0%''3928-2+%2('36436%8)6)4368-2+ 7)1)78)6



1EVOW
5 
!
7EPMO 0XH
7XEXIQIRX SJ 'EWL *PS[W
JSV XLI ]IEV IRHMRK (IGIQFIV  
'EWL JPS[W JVSQ 3TIVEXMRK %GXMZMXMIW 6W  6W 
4VSJMX FIJSVI XE\EXMSR 
%HH (ITVIGMEXMSR ;2  
%HH -RXIVIWX TE]EFPI  
0IWW +EMR SR WEPI SJ TPERX ;2  
0IWW 7LEVI SJ TVSJMX JVSQ EWWSGMEXI GSQTER]  
0IWW -RZIWXQIRX MRGSQI  
3TIVEXMRK TVSJMX FIJSVI [SVOMRK GETMXEP GLERKIW 
'LERKIW MR [SVOMRK GETMXEP
-RGVIEWI MR VIGIMZEFPIW       
-RGVIEWI MR MRZIRXSVMIW       
-RGVIEWI MR %GGSYRXW TE]EFPI        
'EWL KIRIVEXIH JVSQ STIVEXMSRW 
-RXIVIWX TEMH ;2  
-RGSQI XE\ TEMH ;2  
'EWL YWIH MR STIVEXMRK EGXMZMXMIW 
'EWL JPS[W JVSQ -RZIWXMRK %GXMZMXMIW
%GUYMWMXMSR SJ WYFWMHMEV] RIX SJ GEWL ;2  
7EPI TVSGIIHW SJ TPERX  
4YVGLEWI SJ 44) ;2  
(MZMHIRHW JVSQ MRZIWXQIRX  
(MZMHIRHW JVSQ EWWSGMEXI GSQTER] ;2  
'EWL YWIH MR MRZIWXMRK EGXMZMXMIW 
'EWL JPS[W JVSQ *MRERGMRK %GXMZMXMIW
-WWYI SJ WLEVI GETMXEP ;2  
-WWYI SJ PSER RSXIW ;2  
4E]QIRX YRHIV JMRERGI PIEWIW ;2  
(MZMHIRHW TEMH XS 2'- ;2  
4E]QIRX SJ HMZMHIRHW ;2  
2IX GEWL JVSQ JMRERGMRK EGXMZMXMIW 
2IX GEWL JPS[ HYVMRK XLI ]IEV  
3TIRMRK FEPERGI SJ GEWL ERH GEWL IUYMZEPIRXW 
'PSWMRK FEPERGI SJ GEWL ERH GEWL IUYMZEPIRXW 
!

8LIWYKKIWXIHERW[IVWTVSZMHIHSRERH QEHIEZEMPEFPI XLVSYKLXLI -RWXMXYXI W[IFWMXI QE] SRP]FI VIJIVVIH VIPMIHYTSRSV XVIEXIH EW EKYMHIERHWYFWXMXYXI JSVTVSJIWWMSREP
EHZMGI8LI-RWXMXYXIHSIWRSXXEOIER]VIWTSRWMFMPMX]EFSYXXLIEGGYVEG]GSQTPIXIRIWWSVGYVVIRG]SJXLIMRJSVQEXMSRTVSZMHIHMRXLIWYKKIWXIHERW[IVW8LIVIJSVIXLI-RWXMXYXIMW
RSXPMEFPIXSEXXIRHSVVIGIMZIER]GSQQIRXWSFWIVZEXMSRWSVGVMXMGWVIPEXIHXSXLIWYKKIWXIHERW[IVW
 79++)78)( %27;)67 746-2+ %9+978  )<%1-2%8-327  SJ 
%(:%2')(*-2%2'-%0%''3928-2+%2('36436%8)6)4368-2+ 7)1)78)6



1EVOW

;SVOMRK 2SXIW
;2  (ITVIGMEXMSR JSV XLI ]IEV
3TIRMRK FEPERGI 
(ITVIGMEXMSR SR EWWIXW HMWTSWIH SJJ     
(ITVIGMEXMSR JSV XLI ]IEV FEPERGMRK EQSYRX  

)RHMRK FEPERGI 

;2  4VSTIVX] 4PERX

)UYMTQIRXW
)RHMRK FEPERGI 
0IWW 3TIRMRK FEPERGI 

0IWW (MWTSWEP SJ IUYMTQIRX  
%HH %GUYMWMXMSR SJ WYFWMHMEV]  
0IWW %WWIXW EGUYMVIH YRHIV JMRERGI PIEWI  

44) EGUYMVIH  

;2  +EMR SR WEPI SJ TPERX
7EPI TVSGIIHW 
&SSO ZEPYI SJ TPERX FEPERGMRK JMKYVI 

+EMR SR WEPI SJ IUYMTQIRX  

;2  *MRERGI GLEVKIW

3TIRMRK FEPERGI 
-RXIVIWX GLEVKIW JSV XLI ]IEV  
-RXIVIWX TEMH FEPERGMRK JMKYVI  

)RHMRK FEPERGI 

;2  -RGSQI XE\ TEMH
3TIRMRK FEPERGI  -RGSQI XE\ 
3TIRMRK FEPERGI  (IJIVVIH XE\  

%HH 8E\ JSV XLI ]IEV  

3R EGUYMWMXMSR SJ WYFWMHMEV]  
)RHMRK FEPERGI  -RGSQI XE\ 
)RHMRK FEPERGI  (IJIVVIH XE\ 

8E\ TEMH FEPERGMRK JMKYVI  

8LIWYKKIWXIHERW[IVWTVSZMHIHSRERH QEHIEZEMPEFPI XLVSYKLXLI -RWXMXYXI W[IFWMXI QE] SRP]FI VIJIVVIH VIPMIHYTSRSV XVIEXIH EW EKYMHIERHWYFWXMXYXI JSVTVSJIWWMSREP
EHZMGI8LI-RWXMXYXIHSIWRSXXEOIER]VIWTSRWMFMPMX]EFSYXXLIEGGYVEG]GSQTPIXIRIWWSVGYVVIRG]SJXLIMRJSVQEXMSRTVSZMHIHMRXLIWYKKIWXIHERW[IVW8LIVIJSVIXLI-RWXMXYXIMW
RSXPMEFPIXSEXXIRHSVVIGIMZIER]GSQQIRXWSFWIVZEXMSRWSVGVMXMGWVIPEXIHXSXLIWYKKIWXIHERW[IVW
 79++)78)( %27;)67 746-2+ %9+978  )<%1-2%8-327  SJ 
%(:%2')(*-2%2'-%0%''3928-2+%2('36436%8)6)4368-2+ 7)1)78)6



1EVOW

;2 %GUYMWMXMSR SJ WYFWMHMEV]

'EWL VIGIMZIH SR EGUYMWMXMSR SJ WYFWMHMEV] 
0IWW 'EWL TEMH 
2IX GEWL MRJPS[  
;2 (MZMHIRHW JVSQ EWWSGMEXI GSQTER]
3TIRMRK FEPERGI 
7LEVI SJ TVSJMX JVSQ EWWSGMEXI GSQTER]  
(MZMHIRHW VIGIMZIH FEPERGMRK JMKYVI  
)RHMRK FEPERGI 
;2 (MZMHIRHW TEMH XS 2'-
3TIRMRK FEPERGI 
%GUYMWMXMSR SJ WYFWMHMEV]  
4VSJMX EXXVMFYXEFPI XS 2'-  
(MZMHIRHW TEMH FEPERGMRK JMKYVI  
)RHMRK FEPERGI 
;2 -WWYERGI SJ WLEVI GETMXEP
TVIQMYQ
3TIRMRK FEPERGI 
-WWYIH JSV EGUYMWMXMSR SJ WYFWMHMEV]  \ 6W  
7LEVI MWWYIH JSV GEWL FEPERGMRK JMKYVI  
)RHMRK FEPERGI 
;2 -WWYERGI SJ 0SER RSXIW
)RHMRK FEPERGI 
3TIRMRK FEPERGI 

0SER RSXIW MWWYIH  

;2  6IXEMRIH )EVRMRKW
3TIRMRK FEPERGI 
4VSJMX EXXVMFYXEFPI XS S[RIVW SJ XLI TEVIRX  
0IWW (MZMHIRH TEMH  
)RHMRK FEPERGI 
;2  6ITE]QIRXW YRHIV JMRERGI PIEWI
3TIRMRK FEPERGI  'YVVIRX PMEFMPMX] 
3TIRMRK FEPERGI  0SRKXIVQ PMEFMPMX]  
2I[ EWWIXW EGUYMVIH SR PIEWIW  
6ITE]QIRXW FEPERGMRK JMKYVI  
)RHMRK FEPERGI  'YVVIRX PMEFMPMX] 

!
)RHMRK FEPERGI  0SRKXIVQ PMEFMPMX]  

8LIWYKKIWXIHERW[IVWTVSZMHIHSRERH QEHIEZEMPEFPI XLVSYKLXLI -RWXMXYXI W[IFWMXI QE] SRP]FI VIJIVVIH VIPMIHYTSRSV XVIEXIH EW EKYMHIERHWYFWXMXYXI JSVTVSJIWWMSREP
EHZMGI8LI-RWXMXYXIHSIWRSXXEOIER]VIWTSRWMFMPMX]EFSYXXLIEGGYVEG]GSQTPIXIRIWWSVGYVVIRG]SJXLIMRJSVQEXMSRTVSZMHIHMRXLIWYKKIWXIHERW[IVW8LIVIJSVIXLI-RWXMXYXIMW
RSXPMEFPIXSEXXIRHSVVIGIMZIER]GSQQIRXWSFWIVZEXMSRWSVGVMXMGWVIPEXIHXSXLIWYKKIWXIHERW[IVW
 79++)78)( %27;)67 746-2+ %9+978  )<%1-2%8-327  SJ 
%(:%2')(*-2%2'-%0%''3928-2+%2('36436%8)6)4368-2+ 7)1)78)6



1EVOW
5  E %RW-*67 
E VIZIRYIW JVSQ I\XIVREP GYWXSQIVW 
F VIZIRYIW JVSQ XVERWEGXMSRW [MXL SXLIV STIVEXMRK WIKQIRXW SJ XLI WEQI IRXMX] 
G MRXIVIWX VIZIRYI 
H MRXIVIWX I\TIRWI 
I HITVIGMEXMSR ERH EQSVXM^EXMSR 
J QEXIVMEP MXIQW SJ MRGSQI ERH I\TIRWI HMWGPSWIH MR EGGSVHERGI [MXL TEVEKVETL 
SJ -%7  4VIWIRXEXMSR SJ *MRERGMEP 7XEXIQIRXW EW VIZMWIH MR   
K XLI IRXMX] W MRXIVIWX MR XLI TVSJMX SV PSWW SJ EWWSGMEXIW ERH NSMRX ZIRXYVIW EGGSYRXIH
JSV F] XLI IUYMX] QIXLSH 
L MRGSQI XE\ I\TIRWI SV MRGSQI ERH 
M QEXIVMEP RSRGEWL MXIQW SXLIV XLER HITVIGMEXMSR ERH EQSVXM^EXMSR 

!
F

&EWMG )47 )EVRMRKW EXXVMFYXEFPI XS SVHMREV] WLEVILSPHIVW 

2S SJ WLEVIW SYXWXERHMRK

&EWMG )47  ! 6W  



(MPYXIH )47
)EVRMRKW 6W
2YQFIV SJ WLEVIW SYXWXERHMRK EJXIV STXMSR MW I\IVGMWIH
&EWMG MWWYERGI 
WLEVIW MWWYIH YRHIV STXMSR JVII SJ GSWX ;  

 

(MPYXIH )47  ! 6W 

 
;SVOMRK 
7LEVIW MWWYIH YRHIV STXMSR
%QSYRX VIGIMZIH YRHIV STXMSR  \  !  

7LEVI MWWYIH EX QEVOIX ZEPYI 

  
2S SJ WLEVIW MWWYIH JVII SJ GSWX FEPERGMRK JMKYVI  
7LEVIW MWWYIH YRHIV STXMSR 

8LIWYKKIWXIHERW[IVWTVSZMHIHSRERH QEHIEZEMPEFPI XLVSYKLXLI -RWXMXYXI W[IFWMXI QE] SRP]FI VIJIVVIH VIPMIHYTSRSV XVIEXIH EW EKYMHIERHWYFWXMXYXI JSVTVSJIWWMSREP
EHZMGI8LI-RWXMXYXIHSIWRSXXEOIER]VIWTSRWMFMPMX]EFSYXXLIEGGYVEG]GSQTPIXIRIWWSVGYVVIRG]SJXLIMRJSVQEXMSRTVSZMHIHMRXLIWYKKIWXIHERW[IVW8LIVIJSVIXLI-RWXMXYXIMW
RSXPMEFPIXSEXXIRHSVVIGIMZIER]GSQQIRXWSFWIVZEXMSRWSVGVMXMGWVIPEXIHXSXLIWYKKIWXIHERW[IVW
 79++)78)( %27;)67 746-2+ %9+978  )<%1-2%8-327  SJ 
%(:%2')(*-2%2'-%0%''3928-2+%2('36436%8)6)4368-2+ 7)1)78)6



!
1EVOW
5  E
!

%WWIXW 0MEFMPMXMIW
3TIR FEPERGI JEMV ZEPYI  TVIWIRX ZEPYI   
-RXIVIWX EGGVYIH   
'YVVIRX WIVZMGI GSWX   
'SRXVMFYXMSRW VIGIMZIH   
&IRIJMXW TEMH   
 
6IQIEWYVIQIRX KEMRPSWW SR TPER EWWIXW  
6IQIEWYVIQIRX KEMR PSWW SR TPER PMEFMPMXMIW  
)RH FEPERGI JEMV ZEPYI  TVIWIRX ZEPYI   

7XEXIQIRX SJ *MRERGMEP 4SWMXMSR

EW SJ .YRI   )\XVEGX

4VIWIRX ZEPYI SJ TPER PMEFMPMXMIW 

*EMV ZEPYI SJ TPER EWWIXW 

2IX TIRWMSR PMEFMPMX]EWWIX  

7XEXIQIRX SJ 4VSJMX SV 0SWW

JSV XLI ]IEV IRHIH .YRI   )\XVEGXW
7XEXIQIRX SJ 4VSJMX SV 0SWW
'YVVIRX WIVZMGI GSWX  
2IX MRXIVIWX TE]EFPI SR HIJMRIH PMEFMPMX]  
8SXEP I\TIRWI 

7XEXIQIRX SJ 3XLIV 'SQTVILIRWMZI -RGSQI

6IQIEWYVIQIRX KEMR SR TPER PMEFMPMXMIW  
6IQIEWYVIQIRX KEMR SR TPER EWWIXW  
8SXEP SXLIV GSQTVILIRWMZI MRGSQI 

8LIWYKKIWXIHERW[IVWTVSZMHIHSRERH QEHIEZEMPEFPI XLVSYKLXLI -RWXMXYXI W[IFWMXI QE] SRP]FI VIJIVVIH VIPMIHYTSRSV XVIEXIH EW EKYMHIERHWYFWXMXYXI JSVTVSJIWWMSREP
EHZMGI8LI-RWXMXYXIHSIWRSXXEOIER]VIWTSRWMFMPMX]EFSYXXLIEGGYVEG]GSQTPIXIRIWWSVGYVVIRG]SJXLIMRJSVQEXMSRTVSZMHIHMRXLIWYKKIWXIHERW[IVW8LIVIJSVIXLI-RWXMXYXIMW
RSXPMEFPIXSEXXIRHSVVIGIMZIER]GSQQIRXWSFWIVZEXMSRWSVGVMXMGWVIPEXIHXSXLIWYKKIWXIHERW[IVW
 79++)78)( %27;)67 746-2+ %9+978  )<%1-2%8-327  SJ 
%(:%2')(*-2%2'-%0%''3928-2+%2('36436%8)6)4368-2+ 7)1)78)6



1EVOW
F M 8LI HIEPIV FIEVW XLI VMWO SJ WPS[ QSZIQIRX SJ MRZIRXSV] ERH MX MW SFPMKIH XS
TYVGLEWI XLI EYXSQSFMPIW ERH LEW RS VMKLX SJ VIXYVR 

MM 1EMRXIRERGI ERH MRWYVERGI SJ MRZIRXSV] MW SR EGGSYRX SJ 7LELGEV %YXSQSFMPIW 

MMM 8LI HIEPIV JEGIW VMWO SJ XLIJX ERH SFWSPIWGIRGI 

MZ (IEPIV GER WIPP XLI EYXSQSFMPIW XS TYFPMG 

+MZIR XLI EFSZI JEGXW XS XLI XVERWEGXMSR XLI EWWIX WLSYPH FI VIGSKRM^IH MR XLI
FSSOW SJ 7LELGEV %YXSQSFMPIW 

G
!

+EPE\ 'SQTER] .YR

7XEXIQIRX SJ 4VSJMX SV 0SWW )\XVEGX  
3XLIV MRGSQI   

3XLIV GSQTVILIRWMZI MRGSQI

*EMV ZEPYI EHNYWXQIRX SJ WLEVIW EZEMPEFPI JSV WEPI   

+EPE\ 'SQTER] .YR

7XEXIQIRX SJ *MRERGMEP 4SWMXMSR )\XVEGX  
-RZIWXQIRX EZEMPEFPI JSV WEPI   
!

;SVOMRK 2SXIW
;2
*EMV ZEPYI EX .YRI    \   
'SWX  \  !    \   

+EMR SR JEMV ZEPYI EHNYWXQIRX XS SXLIV GSQTVI MRGSQI  

;2
7EPI TVSGIIHW  \  !    \   
0IWW GEVV]MRK ZEPYI SJ WLEVIW  

%HH KEMR SR JEMV ZEPYI EHNYWXQIRX  VIGPEWWMJMIH XS 4
0  
8SXEP KEMR XS FI VIGSKRM^IH MR 4
0  

8,) )2(

8LIWYKKIWXIHERW[IVWTVSZMHIHSRERH QEHIEZEMPEFPI XLVSYKLXLI -RWXMXYXI W[IFWMXI QE] SRP]FI VIJIVVIH VIPMIHYTSRSV XVIEXIH EW EKYMHIERHWYFWXMXYXI JSVTVSJIWWMSREP
EHZMGI8LI-RWXMXYXIHSIWRSXXEOIER]VIWTSRWMFMPMX]EFSYXXLIEGGYVEG]GSQTPIXIRIWWSVGYVVIRG]SJXLIMRJSVQEXMSRTVSZMHIHMRXLIWYKKIWXIHERW[IVW8LIVIJSVIXLI-RWXMXYXIMW
RSXPMEFPIXSEXXIRHSVVIGIMZIER]GSQQIRXWSFWIVZEXMSRWSVGVMXMGWVIPEXIHXSXLIWYKKIWXIHERW[IVW