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

#123456!78!)945:1!;!

!"!#$%&'($")$*!+,&$-$"$./'!-,!,0'"1'2)34!5!'6%,4-)7'8,!
-,!2'%'!'"!41,0$!!96'2)$!!1%$6,$!-,!!-12'2)34!:16,%)$%;!
<4'!,=6,%),42)'!6%>2&)2'!,4!"'!<4)0,%9)-'-!-,!:,0)""'!

?'@1,"!A'%%'.>4!:>42B,7!
!
06<=5:><?@?!?5!%5=<22@!!
!
!"#$%&"'!'(!)*(+#*",!'(!%"!-'$#"#*.+!
/0&12!/*'3#&*#"!4!567"+*8"#*.+!-'$#"&*9"!!
:6$01!'(!;+9(,&*7"#*.+<!-9"%$"#*.+!4!=(#+1%17>"!-'$#"&*9"!
!?9'"2!)*$'"'!@"6'>+!AB"AA!!!!
CDBBE!!!F(9*%%"!G!-,0"H"!
-I"*%J!6K"66"7"+L$,2(,
!

?,91+,4J! -%! $,1! '(%! 016&"M1%*1! 0"6"! (%! "06(+'*8"N(! 4! %"! (9"%$"#*.+! ,(! (,&3!
#1+9*6&*(+'1! (+! "%71! 010$%"6! (+! +$(,&61! 0">,2! -%! ,*7+*M*#"'1! '(! %"! 0"%"K6"!
016&"M1%*1,! ,(! O"! (P&(+'*'1<! #1I06(+'*'"! #1I1! &Q#+*#"! '(! 6(#10*%"#*.+<!
#1I0*%"#*.+<!#1%(##*.+!4!6(0(6&16*1!'(!(9*'(+#*",!4!#1I0(&(+#*",!061M(,*1+"%(,!R$(!
#"0"#*&"+! "! $+"! 0(6,1+"! 0"6"! (%! '(,"661%%1! 061M(,*1+"%! ,"&*,M"#&16*12! -%! 06(,(+&(!
"6&>#$%1! (,&3! K","'1! (+! %"! (P0(6*(+#*"! '(! $,1! '(%! 016&"M1%*1! #1I1! O(66"I*(+&"! '(!
(9"%$"#*.+! (+! %"! ",*7+"&$6"! =(#+1%17>"! -'$#"&*9"2! -,&"! ",*7+"&$6"! ,(! (+I"6#"!
'(+&61! '(! %1,! (,&$'*1,! ,$0(6*16(,! '(! %"! %*#(+#*"&$6"! (+! )*(+#*",! '(! %"! ('$#"#*.+<!
,(##*.+!!S('"717>"2!-%!$,1!'(%!016&"M1%*1!(+!%"!I"&(6*"!=(#+1%17>"!-'$#"&*9"<!M16I"!
0"6&(!'(!$+!I"6#1!I3,!"I0%*1!'(!6(M(6(+#*"!R$(!(,!(%!'*,(H1!4!(P0(6*I(+&"#*.+!'(%!
06176"I"!M16I"&*91!'(!%"!",*7+"&$6"!K"N1!,$0$(,&1,!'(%!)6Q'*&1!-$610(12!!6(+&(!"!
I1'(%1,!#%3,*#1,!'(!0%"+*M*#"#*.+!M16I"&*9"!K","'1,!(+!(%!&(I"6*1!4!(+!(%!'1I*+*1!
'(!#1+1#*I*(+&1,!016!0"6&(!'(!%1,!(,&$'*"+&(,<!(%!+$(91!I1'(%1!'(!M16I"#*.+!'(!%"!
",*7+"&$6"!,(!"6&*#$%"!,1K6(!%"!'(M*+*#*.+!4!06*16*8"#*.+!'(!1KN(&*91,<!#1I0(&(+#*",!
4!'*,(H1!'(!"#&*9*'"'(,!R$(!01,*K*%*&"+!(%!'(,"661%%1!'(!'*#O",!#1I0(&(+#*",2!)1+!
(%!1KN(&*91!'(!#1+&6*K$*6!#1+!+$(,&6"!(P0(6*(+#*"!"%!'(,"661%%1!4!(,#%"6(#*I*(+&1!'(%!
$,1! '(! +$(9",! I(&1'1%17>",! '*'3#&*#",! 4! '(! (9"%$"#*.+! 9*+#$%"'",! "%! (,0"#*1!
-$610(1! '(! -'$#"#*.+! F$0(6*16! 4! "%! '(,"661%%1! 4! (9"%$"#*.+! '(! #1I0(&(+#*",!
061M(,*1+"%(,<! 06(,(+&"I1,! $+! I1'(%1! (,0(#>M*#1! '(! 016&"M1%*1,! '*,(H"'1! 0"6"! %"!
",*7+"&$6"!=(#+1%17>"!-'$#"&*9"!4!"016&"I1,!"%7$+1,!6(,$%&"'1,!R$(!+1,!*+'*#"+!
,$!QP*&12!

#'"'C%'9!2"'0,J!-,0"#*1!-$610(1!'(!-'$#"#*.+!F$0(6*16<!S16&"M1%*1,<!,@:A5B@!?5!
5=@23@C<D6<!,@:A5B@!?5!@A:56?<E@F5,<!(+,(H"+8"!6(M%(P*9"!

DC9&%'2&J!=O(!$,(!1M!016&M1%*1!M16!%("6+*+7!"+'!(9"%$"&*1+!*,!K(#1I*+7!010$%"6!
*+!1$6!#1$+&642!=O(!I("+*+7!1M!&O(!T16'!016&M1%*1!O",!K((+!(P&(+'('<!$+'(6,&11'!

DAD!
 !"#$%&'!('&$)*'+"!$,')'!-"!&",)*(*./'!"-0,'&$#'!
#123456!78!)945:1!;!

",! "! &(#O+*R$(! 1M! #1%%(#&*1+<! #1I0*%"&*1+! "+'! 6(0(6&1*6(! 1M! (9*'(+#(,! "+'!
061M(,,*1+"%! #1I0(&(+#(,! &O"&! R$"%*M4! "! 0(6,1+! M16! "! ,"&*,M"#&164! 061M(,,*1+"%!
'(9(%10I(+&2!=O*,!"6&*#%(!*,!K",('!1+!&O(!(P0(6*(+#(!1M!$,*+7!&O(!016&M1%*1!",!"!&11%!
1M!(9"%$"&*1+!*+!-'$#"&*1+"%!=(#O+1%174!,$KN(#&2!!=O*,!,$KN(#&!*,!M6"I('!*+,*'(!&O(!
$00(6!,&$'*(,!1M!&O(!'(76((!*+!F#*(+#(,!1M!-'$#"&*1+<!=("#O*+7!,(#&*1+2!!=O(!$,(!1M!
016&M1%*1! *+! -'$#"&*1+"%! =(#O+1%174<! *&! *,! 0"6&! 1M! "! I16(! (P&(+,*9(! M6"I(T16U! 1M!
6(M(6(+#(<!&O"&!*,!&O(!'(,*7+!"+'!(P0(6*I(+&"&*1+!1M!&O(!M16I"&*9(!06176"I!1M!&O(!
,$KN(#&! $+'(6! -$610("+! )6('*&!",,$I0&*1+,2! !"#*+7! #%",,*#"%! I1'(%,! 1M!M16I"&*9(!
0%"++*+7!K",('!1+!&O(!,4%%"K$,!"+'!*+!&O(!#1+&61%!1M!,&$'(+&V,!U+1T"O1T<!&O(!+(T!
,$KN(#&!M16I"&*1+!I1'(%!*,!"6&*#$%"&('!1+!&O(!'(M*+*&*1+!"+'!06*16*&4!1M!1KN(#&*9(,<!
#1I0(&(+#(,! "+'! '(,*7+! 1M! "#&*9*&*(,! &O"&! (+"K%(! &O(! '(9(%10I(+&! 1M! &O(,(!
#1I0(&(+#(,2! ;+! 16'(6! &1! #1+&6*K$&(! T*&O! 1$6! (P0(6*(+#(! &1! &O(! '(9(%10I(+&! "+'!
#%"6*M*#"&*1+! 1M! +(T! I(&O1'1%17*(,! '*'"#&*#! $,(! "+'! 1M! (9"%$"&*1+! %*+U('! &1!
-$610("+! F0"#(! 1M! W*7O(6! -'$#"&*1+<! "+'! &1! '(9(%10I(+&! "+'! (9"%$"&*1+! 1M!
061M(,,*1+"%! #1I0(&(+#(,<! T(! 06(,(+&! "! ,0(#*M*#! I1'(%! 1M! 016&M1%*1! '(,*7+('! M16!
-'$#"&*1+"%! =(#O+1%174! ,$KN(#&! "+'! T(! #1+&6*K$&(! ,1I(! 6(,$%&,! &O"&! *+'*#"&(! $,!
&O(*6!,$##(,,2!!!

E,5F$%-9J! -$610("+! F0"#(! 1M! W*7O(6! -'$#"&*1+<! S16&M1%*1G! H1:BI12<1!

'>>5>>456BG!A1:BI12<1!A:1C5>><!6(M%(#&*9(!&("#O*+7<!

G;!H4&%$-122)34!

F*! K$,#"I1,! (%! ,*7+*M*#"'1! '(! %"! 0"%"K6"! 016&"M1%*1,! (+! (%! '*##*1+"6*1! '(! %"! X("%!
?#"'(I*"! '(! %"! Y(+7$"! -,0"H1%"<! 01'(I1,! #1I061K"6! R$(! ,*7+*M*#"! Z)"6&(6"! '(!
I"+1! 0"6"! %%(9"6! %*K61,<! 0"0(%(,<! (&#[2! ?! 0"6&(! '(%! ,*7+*M*#"'1! %*&(6"%! '(! (,&"!
0"%"K6"<!01'(I1,!'(#*6!R$(!(%!$,1!O"K*&$"%!'(!%"!0"%"K6"!016&"M1%*1,!(+!#",&(%%"+1!4!
#1+! $+! ,(+&*'1! ('$#"&*91<! (,&3! *I016&"'1! '(%! #1+&(P&1! "+7%1,"N.+<! S16&M1%*1!
?,,(,,I(+&! R$(! 01'6>"I1,! &6"'$#*6! #1I1! Z#"60(&"! '(! (9"%$"#*.+[! 1! Z016&M1%*1!
061#(,,[!R$(!01'6>"I1,!'(+1I*+"6!(+!#",&(%%"+1!Z#"60(&"!'(!"06(+'*8"N(,[2!!

! -%! ,*7+*M*#"'1! '(! %"! 0"%"K6"! 016&"M1%*1,! ,(! O"! (P&(+'*'1! (+! +$(,&61! 0">,!
#1I06(+'*'"!#1I1!&Q#+*#"!'(!6(#10*%"#*.+<!#1I0*%"#*.+<!#1%(##*.+!4!6(0(6&16*1!'(!
(9*'(+#*",! 4! #1I0(&(+#*",! 061M(,*1+"%(,! R$(! #"0"#*&"+! "! $+"! 0(6,1+"! 0"6"! (%!
'(,"661%%1! 061M(,*1+"%! ,"&*,M"#&16*12! -%! $,1! '(%! 016&"M1%*1,! ,$67(! (+! (%! I$+'1! '(%!
"6&(!4!(+!0"6&*#$%"6!'(!%"!"6R$*&(#&$6"!4!(%!'*,(H1<!01'(I1,!'(#*6!R$(!(%!016&"M1%*1,!
#1I1!&Q#+*#"<!,$67(!'(!%"!+(#(,*'"'!'(!'(I1,&6"6!#1I0(&(+#*",!061M(,*1+"%(,!(+!(%!
I(6#"'1! %"K16"%2! )1I1! (+! I$#O",! 1&6",! 1#",*1+(,<! (,&",! &Q#+*#",! +"#*'",! (+!
(+&16+1,! I3,! 061M(,*1+"%(,! 1! (I06(,"6*"%(,<! ,1+! &6",9","'",! "%! #"I01! '(! %"!
('$#"#*.+!1!'(!%1!('$#"&*91<!'1+'(!&1I"+!,*7+*M*#"'1,!4!I"&*#(,!I$4!'*M(6(+&(,2!
S1'(I1,!'(#*6!R$(!(+!(%!#"I01!'(!%"!('$#"#*.+<!(%!016&"M1%*1,!,(!#1+9*(6&(!(+!$+"!
I(&1'1%17>"!'(!(+,(H"+8"!4!(9"%$"#*.+!R$(!O"#(!,$!"0"6*#*.+!#1I1!I(&1'1%17>"!
"%&(6+"&*9"! "! "R$(%%",! '(! #16&(! 0$6"I(+&(! #$"+&*&"&*91<! ,(! &6"&"! 6("%I(+&(! '(! $+!
061#('*I*(+&1! '(! (9"%$"#*.+! '(! &6"4(#&16*",! '(! "06(+'*8"N(! R$(! ,(! K","! (+! %",!

DAA
 !"#$%&'!('&$)*'+"!$,')'!-"!&",)*(*./'!"-0,'&$#'!
#123456!78!)945:1!;!

(N(#$#*1+(,! 4! %1761,! 1K&(+*'1,! 016! %1,! 0"6&*#*0"+&(,! (+! '*#O",! &6"4(#&16*",! 4! R$(!
"'(I3,!*+#16016"!(%!9"%16!"H"'*'1!'(!,$!01&(+#*"%!'(!"06(+'*8"N(2!\"%!]%(+1T,U*<!
ABBE<! +1,! '"! I$(,&6"! '(! %"! 76"+! 010$%"6*'"'! "%#"+8"'"! 016! (,&"! &Q#+*#"! (+! (%!
#"I01! '(! %"! ('$#"#*.+! #1+! %",! ,*7$*(+&(,! 0"%"K6",J! ZW14! %1,! 016&"M1%*1,! (,&3+!
06(,(+&(,!(+!&1'",!%",!(&"0",!('$#"&*9",!!4!(+!(%!'(,"661%%1!061M(,*1+"%<!&"+&1!(+!(%!
"06(+'*8"N(!#1I1!(+!%"!061I1#*.+!4!%"!(9"%$"#*.+2!^+!&6"K"N1!'(!016&"M1%*1,!0$('(!
$,"6,(!0"6"!(%!'(,"661%%1!4!9"%16"#*.+!'(%!#1+1#*I*(+&1!'(!$+"!",*7+"&$6"<!0"6"!%"!
"'R$*,*#*.+! '(! O"K*%*'"'(,! '(! (+,(H"+8"! 4! 063#&*#",! 6(M%(P*9",<! ",>! #1I1! 0"6"! %"!
06(0"6"#*.+!061M(,*1+"%!4!91#"#*1+"%[2!)1I1!01'(I1,!1K,(69"6!'(!%"!'(#%"6"#*.+!
(P0$(,&"<!]%(+1T,U!_ABBE`!"%!*7$"%!R$(!1&61,!"$&16(,!#1+!"+&(6*16*'"'<!)1%(<!X4"+!
4!]*#U!_ABBB`<!0%"+&("+!"'"0&"#*1+(,!4!I1'"%*'"'(,!'(!%"!*'("!K3,*#"!'(!016&"M1%*1,!
(+!M$+#*.+!'(!%"!+"&$6"%(8"!'(!%"!*+M16I"#*.+!R$(!,(!'(,("!#1+,&"&"6!4!9"%16"62!-%%1!
,$01+(! R$(! (P*,&(+! I1'"%*'"'(,! '(! 016&"M1%*1,a! ,(7b+! (%! #1+&(+*'1! (9"%$"'1J!
,(7b+!(%!I1I(+&1!1!0(6*1'1!'(!&*(I01!(+!R$(!,(!'(,"661%%"!4!,(7b+!%1,!1KN(&*91,!
R$(!0(6,*7$(<!'(!"06(+'*8"N(<!'(!(+,(H"+8"!_'(%!061M(,16`<!061M(,*1+"%<!(&#2!

-+!-,0"H"<!'*9(6,1,!"$&16(,!,(!O"#(+!(#1!'(!%"!$&*%*'"'!'(!(,&(!061#('*I*(+&1!
'*"7+.,&*#1!_)161I*+",<!ABBBa!X1'6>7$(8!-,0*+"6<!Dccda!;K"66"<!Dccd`2!+1,!*+'*#"+<!
R$(!(%!016&"M1%*1,!(,!O14!'>"!%"!&Q#+*#"!I3,!"06(#*"'"!(+!(%!#"I01!'(%!'*"7+.,&*#1!4!
%"! 16*(+&"#*.+! (+! ('$#"#*.+<! (+! &"+&1! R$(! *+M16I"! #1+9(+*(+&(I(+&(! ,1K6(! %",!
#1I0(&(+#*",!R$(!$+"!0(6,1+"!1!76$01!'(!0(6,1+",<!0$('(!'(I1,&6"6<!",>!#1I1!%"!
+"&$6"%(8"! 4! "0619(#O"I*(+&1! '(%! 061#(,1! '(! "06(+'*8"N(! R$(! O"+! ,(7$*'1! 0"6"!
1K&(+(6! '*#O1,! %1761,a! R$(! "! %"! 01,&6(! 0(6I*&(! 9"%16"6! +1! ,1%1! %1! "06(+'*'1! ,*+1!
&"IK*Q+! %"! #"0"#*'"'! '(! "06(+'*8"N(! R$(! ,(! '(I$(,&6"! 4! %",! O"K*%*'"'(,! R$(! ,(!
&*(+(+! (+! (%%12! -+! (,&"! '(#%"6"#*.+! ,(! 6(#1+1#(! (%! 01&(+#*"%! '(%! 016&"M1%*1,! +1!
,1%"I(+&(!#1I1!&Q#+*#"!'(!(9"%$"#*.+!4!'*"7+.,&*#1!,*+1!R$(!,(!O"#(!$+!(,0(#*"%!
O*+#"0*Q! (+! (,&"! &Q#+*#"! #1I1! I(&1'1%17>"! '(! (+,(H"+8"! "06(+'*8"N(2! /(,'(!
+$(,&6"!0(6,0(#&*9"!%"!#"6"#&(6>,&*#"!I3,!9"%*1,"!R$(!"016&"!(%!016&"M1%*1,!M6(+&(!"!
1&61,! 061#('*I*(+&1,! '(! (9"%$"#*.+<! (,! R$(! +1,! M"#*%*&"! 1! ,$I*+*,&6"! *+M16I"#*.+!
"#(6#"! '(%! 061#(,1! '(! "06(+'*8"N(! 4! '(,"661%%1! '(%! "%$I+"'12! -,&1! +1,! "016&"! %"!
*+M16I"#*.+! +(#(,"6*"! "#(6#"! '(%! I1'(%1! '(! "'R$*,*#*.+! '(! #1I0(&(+#*",!
"%6('('16! '(%! #$"%! 7*6"! (%! +$(91! I1'(%1! '(! (+,(H"+8"! "06(+'*8"N(! 0"6"! %"!
*++19"#*.+! 4! %"! #1+9(67(+#*"! ($610("<! ,$,&(+&"'1! (+! %"! '(+1I*+"'"! Z(+,(H"+8"!
K","'"! (+! #1I0(&(+#*",[2! e"! (+! (%! F(I*+"6*1! ;+&(6+"#*1+"%! ,1K6(! 56*(+&"#*1+(,!
S('"7.7*#",!0"6"!%"!#1+9(67(+#*"!($610("!'(!('$#"#*.+!,$0(6*16!_c!"!DD!'(!N$%*1!'(!
ABBf`!@1,$!F1%"K"66*(&"!4!Y1$6'(,!\*%%"6'.+!O"#(+!6(M(6(+#*"!"%!$,1!'(%!016&"M1%*1,!
#1I1!&Q#+*#"!'(!(9"%$"#*.+!(+!(%!+$(91!I1'(%1!'(!(+,(H"+8"!"!"06(+'*8"N(<!(%!$,1!
'(!(,&"!&Q#+*#"!'(!(9"%$"#*.+!,(!,$,&(+&"!1!N$,&*M*#"<!'(K*'1!"!R$(!9"!"#16'(!#1+!%"!
I"416>"! '(! %1,! #6*&(6*1,! '(! #"%*'"'! (,&"K%(#*'1,<! 0"6"! $+! I1'(%1! *++19"'16! '(!
"06(+'*8"N(2!S16!#*&"6!"%7$+1,!'(,&"#"6J!_g"K"%8"!ABBDa!e3+*8<!ABBA`!

! Y"! (9"%$"#*.+! '(K(! (,&"6! *+I(6,"! (+! (%! '(,"661%%1! O"K*&$"%! '(%! 061#(,1!
(+,(H"+8""!"06(+'*8"N(!

! Y"!(9"%$"#*.+!'(K(!"K"6#"6!&1'1!(%!061#(,1!M16I"&*91<!*+*#*"%<!'(!061#(,1!4!M*+"%2!

DAf!
 !"#$%&'!('&$)*'+"!$,')'!-"!&",)*(*./'!"-0,'&$#'!
#123456!78!)945:1!;!

! Y"!(9"%$"#*.+!'(K(!,(6!M16I"&*9"!

! Y"!(9"%$"#*.+!'(K(!*+#%$*6!'(I"+'",!#17+*&*9",!9"6*"'",!4!06176(,*9",2!

-,&",! #"6"#&(6>,&*#",! (9"%$"&*9",<! (+&6(! 1&6",<! ,1+! %",! R$(! +1,! (I0$N"+! "!
,(%(##*1+"6! (%! 016&"M1%*1! #1I1! 061#('*I*(+&1! '(! (9"%$"#*.+! 0"6"! +$(,&6"!
",*7+"&$6"!=(#+1%17>"!-'$#"&*9"2!

I;!J$4&,=&1'")7'2)34!

-%!06(,(+&(!"6&>#$%1!(,&3!K","'1!(+!%"!(P0(6*(+#*"!'(!$,1!'(%!016&"M1%*1!#1I1!
O(66"I*(+&"!'(!(9"%$"#*.+!(+!%"!",*7+"&$6"!=(#+1%17>"!-'$#"&*9"2!-,&"!",*7+"&$6"!
,(! (+I"6#"! '(+&61! '(! %1,! (,&$'*1,! ,$0(6*16(,! '(! %"! %*#(+#*"&$6"! (+! )*(+#*",! '(! %"!
('$#"#*.+<!,(##*.+!!S('"717>"2!-+!%"!^+*9(6,*'"'!'(!F(9*%%"<!"!*+*#*"&*9"!'(%!&*&$%"6!
'(!%"!I"&(6*"!4!,$,!#1%"K16"'16",<!,(!(,&3!%%(9"+'1!"!#"K1!'(,'(!O"#(!'1,!"H1,!$+!
061#(,1!'(!*++19"#*.+!('$#"&*9"!,$,&(+&"'1!(+!%",!'*6(#&6*#(,<!I3,!1!I(+1,!#%"6",<!
"#(6#"! '(! %"! *+#16016"#*.+! '(! %",! $+*9(6,*'"'(,! "%! +$(91! -,0"#*1! -$610(1! '(!
-'$#"#*.+! F$0(6*162! )1I1! #1+,(#$(+#*"! '(! (,&"! (P0(6*(+#*"<! O(I1,! '*,(H"'1! (!
*I0%"+&"'1! (%! 016&"M1%*1,! #1I1! (,&6"&(7*"! '(! (9"%$"#*.+! '(! %"! ",*7+"&$6"<!
"#1I0"H"'1! '(! 1&61,! 061#('*I*(+&1,! (9"%$"'16(,2! )1+! (%! 1KN(&*91! '(! #1+&6*K$*6!
#1+! +$(,&6"! (P0(6*(+#*"! "%! '(,"661%%1! 4! (,#%"6(#*I*(+&1! '(%! $,1! '(! +$(9",!
I(&1'1%17>",!9*+#$%"'",!"%!(,0"#*1!-$610(1!'(!-'$#"#*.+!F$0(6*16!4!"%!'(,"661%%1!
4!(9"%$"#*.+!"!&6"9Q,!'(!#1I0(&(+#*",!061M(,*1+"%(,<!R$(6(I1,!(P01+(6!$+!I1'(%1!
(,0(#>M*#1! '(! 016&"M1%*1,! '*,(H"'1! 0"6"! %"! ",*7+"&$6"! =-! 4! "016&"6! "%7$+1,!
6(,$%&"'1,!R$(!+1,!*+'*#"+!,$!QP*&12!

-%! 1KN(&*91! 06*+#*0"%! R$(! +1,! I$(9(! "! (P0(6*I(+&"6! #1+! (%! 016&"M1%*1! #1I1!
061#('*I*(+&1! '(! (9"%$"#*.+! 4! "06(+'*8"N(<! (,! %"! ",0*6"#*.+! R$(! &(+(I1,! '(!
#1+9(6&*6! "! +$(,&61,! "%$I+1,! (+! (,&$'*"+&(,! 6(M%(P*91,! 4! #6>&*#1,2! /(! (,&1! ,(!
'(,06(+'(! R$(! (+! +$(,&61! 06176"I"! M16I"&*91<! O(I1,! 06*16*8"'1! (+&6(! 1&6",<!
#1I0(&(+#*",!&"%(,!#1I1!%"!#"0"#*'"'!'(!6(M%(P*.+!4!"+3%*,*,!#6>&*#12!S(+,"I1,!R$(!
"IK",! N$(7"+! $+! 0"0(%! M$+'"I(+&"%! 0"6"! +$(,&61,! (,&$'*"+&(,! #1I1! M$&$61,!
061M(,*1+"%(,! '(! %"! 0('"717>"2! Y",! (9*'(+#*",! '(I$(,&6"+! R$(! (%! $,1! '(%!
016&"M1%*1,! 061I$(9(! (%! '(,"661%%1! '(! %",! I*,I",<! 4! "'(I3,! +1,! 0(6I*&(! 1K&(+(6!
$+! I"416! #1+&61%! '(%! &6"K"N1! 6("%*8"'1! 016! (%! "%$I+"'1<! #$(,&*.+! R$(! &1I"! $+"!
(,0(#*"%! 6(%(9"+#*"! '(+&61! '(%! +$(91! #6Q'*&1! ($610(12! ?'(I3,! '(! (,&",! 6"81+(,<!
(+#1+&6"I1,!I$#O",!I3,<!&"+&1!&(.6*#",!#1I1!063#&*#",<!R$(!N$,&*M*#"+!4!"#1+,(N"+!
(%! $,1! '(%! 016&"M1%*1,! (+! '*9(6,*'"'! '(! #1+&(P&1,! ('$#"&*91,! 4! #1+! '*,&*+&1,!
0610.,*&1,2! /(,'(! $+"! 9*,*.+! I3,! I(&1'1%.7*#"! 4! &Q#+*#"<! 01'(I1,! '(,&"#"6! %"!
*+,"&*,M"##*.+! R$(! (P*,&(! '(6*9"'"! '(! %"! $&*%*8"#*.+! '(! I(&1'1%17>",! K","'",! (+!
(+M1R$(,! #$"+&*&"&*91,! R$(! '(6*9"+! (+! (%! "K$,1! '(! 06$(K",! I(I16>,&*#",! M*+"%(,!
#1+!%"!I(6"!#1+,*'(6"#*.+!'(!%1,!6(,$%&"'1,2!!

!*+"%I(+&(!R$(6(I1,!*+'*#"6!R$(!&(+*(+'1!(+!#$(+&"!(%!+$(91!I"6#1!(+!(%!R$(!
,(! O"! '(,"661%%"'1! %"! (P0(6*(+#*"! ('$#"&*9"! '1+'(! &*(+(! %$7"6! (%! $,1! '(! +$(,&61!
016&"M1%*1,<! _-,0"#*1! -$610(1! '(! -'$#"#*.+! F$0(6*16`<! #6((I1,! R$(! O"! ,*'1!

DAC
 !"#$%&'!('&$)*'+"!$,')'!-"!&",)*(*./'!"-0,'&$#'!
#123456!78!)945:1!;!

+(#(,"6*"! 0%"+&("6+1,! $+"! *++19"#*.+! &"+&1! (+! (%! 061#(,1! '(! (+,(H"+8"!
"06(+'*8"N(! #1I1! (+! %"! "#&*9*'"'! (9"%$"&*9"<! 4"! R$(<! +1! ,(! 0$('(! *++19"6! (%!
061#(,1!'(!(+,(H"+8"!"06(+'*8"N(!,*+!$+"!*++19"#*.+!0"6"%(%"!'(!%"!(9"%$"#*.+2!!

K;!L)4'")-'-!5!$C8,&)0$9!-,"!19$!-,"!6$%&'($")$!

)$"+'1! +1,! 0%"+&("I1,! %"! +(#(,*'"'! '(! *+&61'$#*6! (%! 016&"M1%*1,! #1I1!
061#('*I*(+&1!'(!(9"%$"#*.+<!%"!M*+"%*'"'!R$(!0(6,(7$>"I1,!(6"!%"!'(!#1+(#&"6!%1,!
1KN(&*91,! '(! "06(+'*8"N(! 4! (%! #$66>#$%$I! #1+! %"! (9"%$"#*.+<! *+91%$#6"+'1! "%!
"%$I+"'1! 4! %1,! &$&16(,! (+! '*#O"! ,*&$"#*.+2! S(+,"I1,! R$(! (%! "%$I+"'1! '(K>"!
",$I*6!$+!0"0(%!"#&*91!(+!,$!(9"%$"#*.+!4!,1K6(!&1'1!4!I$4!*I016&"+&(<!(6"!&(+(6!
(+!#$(+&"!(+!&1'1!I1I(+&1<!%"!6(#17*'"!'(!(9*'(+#*",!'(!'(,"661%%1!'$6"+&(!&1'1!
(%!061#(,1!'(!(+,(H"+8"!G!"06(+'*8"N(<!%1!R$(!+1,!0(6I*&(!O"#(6!$+!"+3%*,*,!'(!%"!
,*&$"#*.+!(9"%$"'"<!'(,'(!%",!0(6,0(#&*9",!'(!%1,!'*,&*+&1,!#1+&(P&1,<!(+&(+'*(+'1!
(%! 061#(,1! '(! M16I"#*.+! '(,'(!,$! 16*7(+! O",&"!,$! M16I"!"#"K"'"2! Y"! *I016&"+#*"!
'(! *I0%*#"6! "! %1,! (,&$'*"+&(,! (+! %1,! 061#(,1,! '(! '(,"661%%1! '(,'(! $+! &6"K"N1! '(!
016&"M1%*1,<!4!%"!*I016&"+#*"!'(!%"!6(#17*'"!'(!(9*'(+#*",!'(!"06(+'*8"N(!'$6"+&(!(%!
061#(,1! '(! (+,(H"+8"! "06(+'*8"N(<! "! &6"9Q,! '(! %"! &Q#+*#"! '(! 016&"M1%*1,<! &1I"! ,$!
M$+'"I(+&"#*.+!4!$+!,(+&*'1!(,0(#>M*#1<!'(,'(!%"!&(16>"!'(%!"06(+'*8"N(!W*,&.6*#1"
)$%&$6"%<!'(,'(!%"!#$"%!,(!M$+'"I(+&"+!+$(,&6",!"##*1+(,2!/(,'(!(,&"!0(6,0(#&*9"!
,(! %(! '"! $+"! (,0(#*"%! 6(%(9"+#*"! %1,! 061#(,1,! '(! *+&(6"##*.+! ,1#*"%! R$(! ,(! '"+!
'$6"+&(!(%!"06(+'*8"N(!4!%1,!#1+&(P&1,!'1+'(!,(!'(,"661%%"+2!F(7b+!h(6&,#O!_DccC`!
%"! "##*.+! I('*"'"! *I0%*#"! $+"! '*"%Q#&*#"! (+&6(! %1,! *+,&6$I(+&1,! I('*"'16(,!
061016#*1+"'1,!016!(,#(+"6*1,!'(!"06(+'*8"N(!4!(%!$,1!#1+&(P&$"%*8"'1!4!b+*#1!'(!
(,1,! *+,&6$I(+&1,! (+! "##*1+(,! #1+#6(&",! 4! 0"6&*#$%"6(,! '(! %1,! *+'*9*'$1,<! '(! (,&"!
M16I"<!(,&(!(+M1R$(!6(#1+1#(!(%!0"0(%!"#&*91!'(%!*+'*9*'$1!(+!%"!"##*.+!I('*'"<!4"!
R$(! (,! Q%! (%! R$(! (%*7(! 4! &6"+,M16I"! (,&1,! *+,&6$I(+&1,! #$%&$6"%(,! 4! ('$#"&*91,2!
/(,'(! (,&"! I*,I"! &(16>"! '(! "06(+'*8"N(<! "$&16(,! #1I1! \471,&U4! 4! h(6&,#O!
*+&(606(&"#*.+!'(%!IQ&1'1!7(+Q&*#12!/(,'(!(,&(!IQ&1'1<!(%!(%(I(+&1!'(!(,&$'*1!+1!
(,!(%!"%$I+1i"<!,*+1!(%!061#(,1!"!&6"9Q,!'(%!#$"%!(%!"%$I+1i"!O"!%%(7"'1!"!,(6!#1I1!
(,<!(,!'(#*6<!(,&$'*"I1,!"%!(,&$'*"+&(!'(,'(!,$!16*7(+<!M*N3+'1+1,!(+!(%!061#(,1!4!(+!
"R$(%%",! M$(68",! '(! #"IK*1! R$(! 06191#"+! %"! &6"+,M16I"#*.+! '(%! I*,I1! O",&"! R$(!
%%(7"!"%!M*+"%!'(!#$6,12!!F*!,*+&(&*8"I1,!%1!"+&(6*16I(+&(!(P0$(,&1<!01'(I1,!'(#*6!
R$(! O(I1,! ,(%(##*1+"'1! (%! 016&"M1%*1! #1I1! &Q#+*#"! '(! (9"%$"#*.+! 016R$(! +1,!
0(6I*&(!'(,"661%%"6!1!M"#*%*&"6!%1,!,*7$*(+&(,!1KN(&*91,!7(+(6"%(,!(+&6(!1&61,J!

D2 -9"%$"6!&"+&1!(%!061#(,1!#1I1!(%!061'$#&1!!

A2 j1&*9"6!"%!"%$I+"'1!"!6(M%(P*1+"6!,1K6(!,$!0610*1!"06(+'*8"N(!0"6&*#*0"+'1!(+!
(%!061#(,1!'(!(9"%$"#*.+!

f2 /(,"661%%"6!'(,&6(8",!#1%"K16"&*9",!(+&6(!(%!"%$I+"'1!

C2 S61I19(6!%"!#"0"#*'"'!'(!6(,1%$#*.+!'(!061K%(I",!

E2 -,&6$#&$6"6!%",!&"6(",!'(!"06(+'*8"N(!_(,&"K%(#(6!%1!R$(!(,!1K%*7"&16*1!4!%1!R$(!
(,!10&"&*91`!

DAE!
 !"#$%&'!('&$)*'+"!$,')'!-"!&",)*(*./'!"-0,'&$#'!
#123456!78!)945:1!;!

k2 S619((6!"!%1,!061M(,16(,!'(!*+M16I"#*.+!0"6"!"N$,&"6!%1,!#1+&(+*'1,!'(%!#$6,1!
"!%",!+(#(,*'"'(,!'(!%1,!(,&$'*"+&(,2!

M;!!9&%12&1%'!-,"!6$%&'($")$!

)1I1! 4"! O(I1,! I(+#*1+"'1! (+! 1&61,! "0"6&"'1,<! (%! 016&"M1%*1! 0$('(! &1I"6!
I$#O1,!,(+&*'1,!4!M16I",!'*M(6(+&(,<!'(0(+'*(+'1!'(!%"!M*+"%*'"'!4!1KN(&*91,!#1+!
%1,!R$(!,(!$&*%*#(2!)1I0"6&*I1,!%"!*'("!'(!FO$%I"+<!_DcccJCE`!'(!R$(!%"!0(6#(0#*.+!
'(! 016&"M1%*1,! 9"! "! (,&"6! '(&(6I*+"'"! 016! %"! &(16>"! '(! "06(+'*8"N(! '1+'(! ,(!
,$,&(+&"J! >5:J! 2@! B51:K@! L35! >5! >1>B56M@! @C5:C@! ?5! 2@! 56>5N@6E@! 2@! L35! ?5B5:4<65! 21! L35!
C16>B<B3O5! 36! KB54! C16=56<56B5! A@:@! <6C23<:! 56! 52! A1:B@I12<18! (1! L35! =@25! 2@! A56@!
?1C3456B@:G! C16><?5:@:! A@:@! 2@! :5I25P<D6G! 21! L35! >5! C:55! 9B<2888! )1I1! 4"! O"! R$('"'1!
0"&(+&(!"!%1!%"671!'(!+$(,&61!'*,#$6,1<!(%!016&"M1%*1!'(!&6"K"N1!+1!(,!0"6"!+1,1&61,!
$+"!,*I0%(!(,&6"&(7*"!1!&Q#+*#"!'(!(9"%$"#*.+<!0"6"!+1,1&61,!(,!(%!O*%1!#1+'$#&16!'(!
&1'1,! %1,! "06(+'*8"N(,! 4! #1I0(&(+#*",! R$(! ,(! 9"+! '(,"661%%"+'1<! &"+&1! (+! (%!
061#(,1!'(!"06(+'*8"N(!#1I1!"%!&Q6I*+1!'(%!I*,I12!-,!016!(%%1!R$(!0(+,"I1,!R$(!
(%!016&"M1%*1!'(K(!(,&"6!#$*'"'1,"I(+&(!167"+*8"'12!Y"!167"+*8"#*.+!'*,&*+7$(!"%!
S16&"M1%*1!'(!$+"!#"60(&"!'(!&6"K"N1<!'(!$+"!%*K6(&"!'(!"0$+&(,<!1!'(!$+!'*"6*1!'(!
9*'"<!#1I1!&"IK*Q+!(,&"K%(#(!%"!*+&(+#*.+!'(%!S16&"M1%*12!-,&1!&"IK*Q+!O"#(!R$(!%"!
*+&(606(&"#*.+!4!(%!"+3%*,*,!'(!$+!S16&"M1%*1!,("!$+"!&"6("!I3,!M3#*%2!

-%!$,1!'(%!016&"M1%*1!(+!%"!",*7+"&$6"!=(#+1%17>"!-'$#"&*9"<!M16I"!0"6&(!'(!$+!
I"6#1!I3,!"I0%*1!'(!6(M(6(+#*"!R$(!M16I"!0"6&(!'(!$+!0614(#&1!'(!&(,*,!'1#&16"%2!
-,&(!0614(#&1!'(!&(,*,!'1#&16"%!01+(!(%!Q+M",*,!(+!(%!'*,(H1!4!(P0(6*I(+&"#*.+!'(%!
06176"I"!M16I"&*91!'(!%"!",*7+"&$6"!K"N1!,$0$(,&1,!'(%!)6Q'*&1!-$610(12!!6(+&(!"!
I1'(%1,!#%3,*#1,!'(!0%"+*M*#"#*.+!M16I"&*9"!K","'1,!(+!(%!&(I"6*1!4!(+!(%!'1I*+*1!
'(!#1+1#*I*(+&1,!016!0"6&(!'(!%1,!(,&$'*"+&(,<!(%!+$(91!I1'(%1!'(!M16I"#*.+!'(!%"!
",*7+"&$6"!,(!"6&*#$%"!,1K6(!%"!'(M*+*#*.+!4!06*16*8"#*.+!'(!1KN(&*91,<!#1I0(&(+#*",!
4!'*,(H1!'(!"#&*9*'"'(,!R$(!01,*K*%*&"+!(%!'(,"661%%1!'(!'*#O",!#1I0(&(+#*",2!S16!%1!
&"+&1!$+!",0(#&1!#%"9(!0"6"!(%!'*,(H1!4!(,&6$#&$6"#*.+!'(!+$(,&61!016&"M1%*1<!,(63!%"!
(%"K16"#*.+!'(!$+!0%"+!'(!"#&*9*'"'(,!0(6M(#&"I(+&(!I1'$%"'",!#1+!%1,!1KN(&*91,<!
#1I0(&(+#*",!4!#1+&(+*'1,!!0610$(,&",!0"6"!%"!I"&(6*"!=(#+1%17>"!-'$#"&*9"2!

-%! I1'(%1! '(! M16I"#*.+! 0610$(,&1! 0"6"! %"! I"&(6*"! =(#+1%17>"! -'$#"&*9"<! (,!
$+! *+&(+&1! '(! '(,"661%%1! '(! $+! I1'(%1! #1I0(&(+#*"%! '(! M16I"#*.+! K","'1! (+! (%!
"06(+'*8"N(! "$&.+1I1! 4! ,*7+*M*#"&*91<! %1! R$(! *I0%*#"! %"! 0$(,&"! (+! I"6#O"! 016! $+!
%"'1!'(!+$(9",!I(&1'1%17>",!'(!"##*.+<!R$(!(+&6"H(+!R$(!(%!"%$I+"'1!,("!(%!"#&16!
(+! ,$! 061#(,1! '(! (+,(H"+8"""06(+'*8"N(<! 4! 016! 1&61<! (%! $,1! '(%! 016&"M1%*1,! #1I1!
I(&1'1%17>"! '(! (9"%$"#*.+! ,(%(##*1+"'"! 016! ,$! #1O(6(+#*"! #1+! (%! &*01! '(!
#1+1#*I*(+&1,!R$(!,(!06(&(+'(!*'(+&*M*#"6!4!9"%*'"6<!01+*(+'1!Q+M",*,!+1!&"+&1!(+!
%"!I('*#*.+!1!(9"%$"#*.+!,$I"&*9""#6*&(6*"%<!,*+1!(+!%"!(9"%$"#*.+!M16I"&*9"!R$(!O"!
'(! $&*%*8"6,(! (+! K(+(M*#*1! '(! %1,! "%$I+1,<! "! M*+! '(! 16*(+&"6%1,! O"#*"! +$(91,!
"06(+'*8"N(,!

DAk
 !"#$%&'!('&$)*'+"!$,')'!-"!&",)*(*./'!"-0,'&$#'!
#123456!78!)945:1!;!

NC8,&)0$9! J$+6,&,42)'9!.,4,%'",9! D2&)0)-'-,9!

-,!"'!+'&,%)'!O!! ($%+'&)0'9!

! )1+1#(6!4!#1I06(+'(6!%1,! ! W"K*%*'"'(,!(,0(#>M*#",! ! S37*+"!T(K!

M$+'"I(+&1,!#*(+&>M*#1,!'(!%"!
=(#+1%17>"!-'$#"&*9"!0"6"!
"0%*#"6%1,!"%!#1+1#*I*(+&1!'(!%"!
061K%(I3&*#"!6("%!'(!%"!
(+,(H"+8"2!!
! S61M$+'*8"6!(+!(%!#1+1#*I*(+&1! !
'(%!'*,(H1!'(!%"!(+,(H"+8"!"!
0"6&*6!'(!'*M(6(+&(,!#1+#(0#*1+(,!
#$66*#$%"6(,2!
! )"0"#*'"'!'(!#6>&*#"!4!
! /(,"661%%"6!$+"!#"0"#*'"'!
#6("&*9"!"0%*#"'"!(+!6(%"#*.+!"%!
'*,(H1!'(!I"&(6*"%(,!('$#"&*91,2! !
! ;+*#*"6,(!(+!%1,!#1+#(0&1,!K3,*#1,!
6(M(6*'1,!"!%1,!I$%&*I('*"!(+!,$,! !
"0%*#"#*1+(,!('$#"&*9",2!
(+!%"!*+M16I3&*#"2! ! S6(,(+&"#*.+!(+!
! W"K*%*'"'!0"6"! S1T(6S1*+&!
6(#$0(6"6!4!"+"%*8"6!
! ;+,&6$I(+&1!'(!
*+M16I"#*.+!"!0"6&*6!'(! (9"%$"#*.+!
'*M(6(+&(,!M$(+&(,2!
! -%!O1IK6(!4!%"!
/(,"661%%"6!O"K*%*'"'(,! I3R$*+"!
0"6"!%"!6(,1%$#*.+!'(!
061K%(I",! ! F(I*+"6*1!'(!#*+(!
! /*"6*1!'(!#"I01!
"$&1#6>&*#"2!
W"K*%*'"'(,!
#1I$+*#"&*9",2!
)"0"#*'"'!0"6"!"0%*#"6!
%"!&(16>"!"!%"!063#&*#"2!

! ?+"%*8"6!'*M(6(+&(,!I1'(%1,! ! )"0"#*'"'!0"6"!7(+(6"6!
(9"%$"&*91,!0"6"!%"!9"%*'"#*.+!'(! +$(9",!*'(",!
I('*1,!4!I"&(6*"%(,!('$#"&*91,2! _#6("&*9*'"'`2!

! Y%(9"6!"!#"K1!$+"!,>+&(,*,!,1K6(! ! )1I061I*,1!Q&*#12!
%",!%>+(",!M$+'"I(+&"%(,!'(!%"! !
*+9(,&*7"#*.+!('$#"&*9"!"0%*#"'"!
"!%1,!I('*1,!'(!(+,(H"+8"2!

&@Q2@!;R!-52<4<B@C<D6!?5!1QF5B<=1>G!C14A5B56C<@>!O!A2@6!?5!@CB<=<?@?5>!

S"6"! '(&(6I*+"6! (%! 0%"+! '(! "#&*9*'"'(,! '(! %"! I"&(6*"! =(#+1%17>"! -'$#"&*9"<!
O(I1,! ,(7$*'1! 9"6*1,! #6*&(6*1,! '(! ,(%(##*.+2! )1I1! 4"! I(+#*1+3K"I1,!
"+&(6*16I(+&(<! $+! #6*&(6*1! M$+'"I(+&"%! O"! ,*'1! R$(! '*#O",! "#&*9*'"'(,!
01,*K*%*&"6"+!(%!'(,"661%%1!'(!1KN(&*91,!4!#1I0(&(+#*",!0%"+&("'1,!(+!+$(,&61!0%"+!
'(!M16I"#*.+2!?'(I3,!'(!(,&(!#6*&(6*1!'(!'*,(H1!4!,(%(##*.+!'(!"#&*9*'"'(,<!'(,'(!
+$(,&61!0$+&1!'(!9*,&"!(,!+(#(,"6*1!&(+(6!(+!#$(+&"!1&6",!#1+,*'(6"#*1+(,!#1I1J!

D2 /*,(H"6! &"6(",! R$(! (+#$(+&6(+! ,$! ,*7+*M*#"'1! (+! %"! (P0(6*(+#*"! 063#&*#"! '(%!
"%$I+"'1!4!016!%1!&"+&1!,("+!0(6#*K*'",!#1I1!6(%(9"+&(,!"!%1,!*+&(6(,(,!'(!%1,!
(,&$'*"+&(,2!

A2 /*,(H"6! &"6(",! R$(! M1I(+&(+! (%! 0(+,"I*(+&1! #1I0%(N1! 4! #6>&*#1! '(! +$(,&61,!
"%$I+1,i",!

f2 /*,(H"6! &"6(",! R$(! ,("+! _,(! "N$,&(+`! 6("%*,&",! #1+! (%! &*(I01! '(! '$6"#*.+! '(! %"!
",*7+"&$6"!4!#1+!%1,!#6Q'*&1,!",*7+"'1,!"!(,&"!

C2 /*,(H"6!&"6(",!R$(!M1I(+&(+!&"+&1!(%!&6"K"N1!*+'*9*'$"%!#1I1!(%!76$0"%!

DAd!
 !"#$%&'!('&$)*'+"!$,')'!-"!&",)*(*./'!"-0,'&$#'!
#123456!78!)945:1!;!

E2 /*,(H"6! &"6(",! 0(6M(#&"I(+&(! (,&6$#&$6"'",! 4! #1+! $+"! *'(+&*M*#"#*.+! #%"6"! '(!

%",!#1I0(&(+#*",!R$(!06(&(+'(+!'(,"661%%"6!0"6"!",>!M"#*%*&"6!,$!(9"%$"#*.+!

-%! '*,(H1! '(! &"6(",! M16I"&*9",! (+#$(+&6"! $+"! #166(,01+'(+#*"! #%"6"! #1+! %1,!
#1+&(+*'1,!M16I"&*91,!'(!%"!I"&(6*"<!",>!#1I1!#1+!%",!#1I0(&(+#*",!,(%(##*1+"'",!
0"6"! %"! I*,I"2! S16! %"! 0610*"! +"&$6"%(8"! '(! %"! ",*7+"&$6"! =(#+1%17>"! -'$#"&*9"<!
'(+&61!'(!,$!0%"+!'(!M16I"#*.+!,(!(+#$(+&6"+!'*,(H"'",!063#&*#",!4!"#&*9*'"'(,!(+!
%",! R$(! ,(! O"#(! $,1! '(! ;+&(6+(&<! O*0(6&(P&1! 4! '*M(6(+&(,! "0%*#"#*1+(,! (+! M16I"&1,!
'*7*&"%(,<! %1! R$(! +1,! %%(9"! "! *+#16016"6! "! +$(,&61! 016&"M1%*1! $+"! (,&6$#&$6"!
(P#%$,*9"I(+&(! '*7*&"%<! "#1I0"H"'"! '(! 1&6"! #1I0%(I(+&"6*"! (+! $+"! M16I"!
*I06(,"2!/$6"+&(!(%!#$6,1!,(!%(,!O"!1M6(#*'1!%"!1016&$+*'"'!"%!"%$I+"'1!'(!*+#%$*6!
(+! ,$,! 016&"M1%*1,<! &1'",! "R$(%%",! "#&*9*'"'(,! R$(! M16I"+! 0"6&(! '(%! 061#(,1! '(!
#6("#*.+!'(!$+"!&"6("!(,0(#>M*#"<!#1+!%1!R$(!"%!M*+"%!+1!,1%"I(+&(!1K&(+'6(I1,!%1,!
6(,$%&"'1,! M*+"%(,! '(! %"! "#&*9*'"'<! ,*+1! R$(! &(+'6(I1,! &"IK*Q+! %1,! *+'*#*1,! '(%!
061#(,1!M16I"&*91!R$(!O"!#1+%%(9"'1!,$!6("%*8"#*.+2!/(!(,&"!M16I"!(%!016&"M1%*1!,(!
#1+9*(6&(! (+! $+"! O(66"I*(+&"! '(! "$&166(M%(P*.+<! 4"! R$(! %1,! "%$I+1,! 0$('(+!
6(M%(P*1+"6! ,1K6(! ,$,! 0610*1,! &6"K"N1,<! #1I0"6"6! 4! "+"%*8"6! %1,! #"IK*1,! R$(! ,(!
061'$#(+! (+! (%! 061#(,1! '(! "06(+'*8"N(! "! %1! %"671! '(%! #$6,1! 4! %1! R$(! (,! I3,!
*I016&"+&(<! ,(%(##*1+"6! "R$(%%1,! R$(! ,*! R$*(6(+! *+#%$*6! (+! ,$! 016&"M1%*1,! #1I1!
I$(,&6"!'(!,$!&6"K"N1!4!'(,"661%%1<!#1+!%1!#$"%!(%!"%$I+1!&1I"!$+!0"0(%!"#&*91!4!'(!
6(,01+,"K*%*'"'! (+! ,$! (9"%$"#*.+! 4! (+! %"! *I"7(+! R$(! R$*(6(! '"6+1,! '(! ,$!
"06(+'*8"N(2!

! l$(,&61! 016&"M1%*1! (,&3! (,&6$#&$6"'1! (+! '1,! 76"+'(,! K%1R$(,<! $+1! (,&3!
#1I0$(,&1!016!"R$(%%",!"#&*9*'"'(,!4!&"6(",!1K%*7"&16*",!4!#1I$+(,!0"6"!&1'1,<!'(!
(,&"!M16I"!+1,!",(7$6"I1,!'(!R$(!!&1'1,!%1,!"%$I+1,!#$I0%(+!#1+!$+!I>+*I1!'(!
,$!&6"K"N1<!4!$+!,(7$+'1!K%1R$(!'1+'(!(%!"%$I+1!718"!'(!"$&1+1I>"!0"6"!6("%*8"6!
"#&*9*'"'(,! 10&"&*9",! R$(! "$I(+&"63+! ,$! #"%*M*#"#*.+! (! *+#%$*6! "#&*9*'"'(,!
#1I0%(I(+&"6*",! 6("%*8"'",! (+! (%! 061#(,1! '(! #1+,&6$##*.+! '(! &"6(",! &"+&1!
1K%*7"&16*",! #1I1! 10&"&*9",2! !*+"%I(+&(<! (%! "%$I+"'1<! &*(+(! $+"! 10#*.+! I3,! '(!
R$(! #1+18#"I1,! ,$! 061#(,1! '(! '(,"661%%1! '(! "06(+'*8"N(<! 0$(,&1! R$(! %(! O(I1,!
'"'1! %"! 1016&$+*'"'! '(! *+#%$*6! (+! ,$! 016&"M1%*1! $+"! b%&*I"! "#&*9*'"'! 1! &"6("!
'(+1I*+"'"! Z/*"6*1! '(! )"I01[2! -,&"! "#&*9*'"'! (,! '(! >+'1%(! 10&"&*9"! 4! &6"&"! '(!
M1&176"M*"6!'(!$+"!M16I"!'(&"%%"'"!%1,!'*,&*+&1,!I1I(+&1,!016!%1,!R$(!O"+!0","'1!
+$(,&61,! "%$I+1,! ,(7b+! '*,&*+&",! '*I(+,*1+(,! ('$#"&*9",! 4! ,$! 10*+*.+! #6>&*#"!
"#(6#"!'(!&1'1!(%!061#(,1!('$#"&*91!%%(9"'1!"!#"K12!-,&(!'*"6*1!(,&3!#1I0$(,&1!016!
#$"&61!&(I",!#(+&6"%(,!#1I1!I"6#1!0"6"!%"!6(M%(P*.+!4!'(!10*+*.+J!(%!#1+&(+*'1!'(!
%"!",*7+"&$6"!&(#+1%17>"!('$#"&*9"<!%"!'*+3I*#"!'(%!"$%"<!%"!I(&1'1%17>"!'*'3#&*#"!4!
%"!6(7$%"#*.+!'(!%1,!"06(+'*8"N(,<!'(!(,&"!I"+(6"!06(&(+'(I1,!R$(!(%!"%$I+1!+1,!
'(! ,$! 10*+*.+! 4! (P0%*R$(! #1I1! "06(+'*.! 4! #1I1! ,(! ,*+&*.! (+! &1'1! (%! 061#(,1!
_,(+,"#*1+(,!4!,(+&*I*(+&1,!(91#"'1,`<!06191#"+'1!%"!6(M%(P*.+!"#(6#"!'(!,$!0610*1!
"06(+'*8"N(!4!0(6I*&*Q+'1+1,!(9"%$"6!,$,!%1761,!4!+$(,&61!0%"+!'1#(+&(2!

DAm
 !"#$%&'!('&$)*'+"!$,')'!-"!&",)*(*./'!"-0,'&$#'!
#123456!78!)945:1!;!

S37*+"!T(K!
!16I"&1!
5K%*7"&16*",! S6(,(+&"#*.+!(+!
'*7*&"%!
S1T(6S1*+&!
-,&6$#&$6"!'(!
;+,&6$I(+&1!'(!
016&"M1%*1!'(!%"! 5K%*7"&16*",!
(9"%$"#*.+!
I"&(6*"!&(#+1%17>"!
('$#"&*9"!#$6,1! -%!O1IK6(!4!%"!I3R$*+"!
!16I"&1!
ABBCiABBE! *I06(,1! F(I*+"6*1!'(!#*+(!
50&"&*9",!
?#&*9*'"'(,!'(!061#(,1!
/*"6*1!'(!#"I01!

&@Q2@!SR!">B:3CB3:@!?5!A1:B@I12<1>!?5!2@!4@B5:<@!B5C6121MK@!5?3C@B<=@!C3:>1!STT7USTTV!

?! 0"6&*6! '(! %1,! '1,! 76"+'(,! K%1R$(,! (+! %1,! R$(! (,&3! (,&6$#&$6"'1! +$(,&61!
016&"M1%*1<! _"#&*9*'"'(,! 1K%*7"&16*",! 4! "#&*9*'"'(,! 10&"&*9",`<! (P*,&(+! '*M(6(+&(,!
76"'1,!'(!(P*7(+#*"!"!%1,!R$(!#"'"!"%$I+1!0$('(!10&"6J!

! .:@?1! ;R! !5L3<><B1>! 4K6<41>8! ?! (,&(! +*9(%! #166(,01+'(+! &1'",! %",! "#&*9*'"'(,!
1K%*7"&16*",! (+! ,$! M16I"! I3,! K3,*#"<! (,! '(#*6<! %1,! "%$I+1,! 6(#*K(+! $+1,!
6(R$*,*&1,! I>+*I1,! R$(! '(K(+! #$I0%*6! (+! %",! "#&*9*'"'(,! 1K%*7"&16*",2! -%!
#$I0%*I*(+&1! '(! (,&1,! 6(R$*,*&1,! I>+*I1,! '"! 10#*.+! '(! 1K&(+(6! %"! #"%*M*#"#*.+!
'(!"061K"'12!

! .:@?1! SR! '4A2<@C<D6! ?5! 2@! @CB<=<?@?8! -P*,&(! (+! "%7$+",! '(! %",! "#&*9*'"'(,! %"!
1016&$+*'"'!'(! "I0%*"6! '(! M16I"! 10&"&*9"! %"! "#&*9*'"'<!(,&"!"I0%*"#*.+! 0$('(!
,(6!%*K6(!1!"!,$7(6(+#*"!'(%!061M(,16"&$&16<!'(!M16I"!R$(!(%%1,!,1+!%1,!R$(!&1I"+!
%"! *+*#*"&*9"! '(! ,*! '(,("+! 4! +(#(,*&"+! ,(6! 16*(+&"'1,! 1! 016! (%! #1+&6"6*1! ,1+!
"$&1,$M*#*(+&(,! 0"6"! (,&"! "I0%*"#*.+2! -,&(! ,(7$+'1! +*9(%! +1! ,(! '"! (+! &1'1,! %1,!
#",1,!4!"016&"!"!%1,!&$&16(,!$+!'"&1!#$"%*&"&*91!R$(!"&"H(!+1!,.%1!"!%"!#"%*'"'!'(!
%"! "#&*9*'"'<! ,*+1! &"IK*Q+! "! %"! "#&*&$'! '(%! "%$I+1! #1+! 6(,0(#&1! "%! &6"K"N1! 4! %"!
",*7+"&$6"2!

! .:@?1!WR!*:<M<6@2<?@?8!-+&(+'(I1,!016!16*7*+"%*'"'!&1'",!"R$(%%",!"016&"#*1+(,!
R$(! (%! "%$I+1! 6("%*8"! ,1K6(! %"! "#&*9*'"'! R$(! ,1+! '(! #6("#*.+! 0610*"<! (,! '(#*6<!
&1'",!"R$(%%",!*'(",!0610*",!4!+19('1,",!R$(!"016&"!(%!"%$I+1!K",3+'1,(!(+!%"!
(P0(6*(+#*"! (! *+M16I"#*.+! "'R$*6*'"2! -,&(! 76"'1! '(! 6("%*8"#*.+! '(! %"! "#&*9*'"'!
'"6>"!"##(,1!"!%"!1K&(+#*.+!'(!%"!#"%*M*#"#*.+!I3,!"%&"<!4"!R$(!#1+,*'(6"I1,!R$(!
(,! *+'*#"&*91! '(! $+! I"416! (,M$(681! (! *+&(6Q,! (+! %",! "#&*9*'"'(,2! /(,'(! %"!
0(6,0(#&*9"! '(%! "06(+'*8"N(! W*,&.6*#1! )$%&$6"%! (%! "%$I+1! O"K6>"! %%(7"'1! "%!
(,&"'*1! '(! X@A:1A<@C<D6! ?5! @A:56?<E@F5>Y! %1! #$"%! *I0%*#"! R$(! O"! *+&(6*16*8"'1! %1,!
"06(+'*8"N(,<! O"! &1I"'1! #1+#*(+#*"! '(! (%%1,<! 4! 016! b%&*I1! O"! &1I"'1! %"!
*+*#*"&*9"! '(! ,$! $,1! (+! $+! #1+&(P&1! '*,&*+&1<! (,&"! "##*.+! #1+%%(9"! %"!
6(#1+,&6$##*.+! '(! %1,! #1+1#*I*(+&1,<! 06101+*(+'1!",>! $+! $,1! +$(91<! 16*7*+"%!(!
*+'*9*'$"%<! 16*7*+"+'1! +$(9",! M16I",! '(! 6("%*8"6! %"! "#&*9*'"'2! S1'(I1,! '(#*6!
R$(!(%!"%$I+1!O"!"&6"9(,"'1!(%!061#(,1!'(!M16I"#*.+!'(!*'(",!0610*",!"!&6"9Q,!
'(!%"!#1I06(+,*.+!4!"0610*"#*.+!'(!%",!*'(",!"N(+",2!

DAc!
 !"#$%&'!('&$)*'+"!$,')'!-"!&",)*(*./'!"-0,'&$#'!
#123456!78!)945:1!;!

S"6"!R$(!(%!016&"M1%*1!#$I0%"!#1+!%"!M$+#*.+!'(!6(7$%"#*.+!'(!%1,!"06(+'*8"N(,<!
O(I1,! (,&"K%(#*'1,! '*,&*+&1,! I1I(+&1,! '(! 6(9*,*.+! '(! %",! "#&*9*'"'(,<! '1+'(! %1,!
061M(,16(,"&$&16(,! O(I1,! 6(9*,"'1! (%! 016&"M1%*1! I"+&(+*(+'1! $+! M(('"K"#U!
#1+,&"+&(! #1+! %1,! "%$I+1,<! %1! R$(! +1,! O"! 0(6I*&*'1! %"! 6(9*,*.+! 4! I(N16"! '(! %1,!
&6"K"N1,!R$(!,(!9"+!6("%*8"+'1!'(!#"6"!"!,$!(9"%$"#*.+!M*+"%2!?,>!I*,I1<!76"#*",!"!
(,&1! O(I1,! 01'*'1! #1+1#(6! %"! (91%$#*.+! '(! %1,! "%$I+1,2! )1+,*'(6"I1,! R$(! (%!
M(('"K"#U! 6(,$%&"! M$+'"I(+&"%! 0"6"! #1I0(+,"6! %",! +(#(,*'"'(,! '(! +$(,&61,!
"%$I+1,!4!01,*K*%*&"6!,$!'(,"661%%12!

P;!!0'"1'2)34!-,"!6$%&'($")$!

-,! *I016&"+&(! &(+(6! (+! #$(+&"! R$(! 0"6"! $&*%*8"6! (%! 016&"M1%*1,! #1I1! &Q#+*#"!
(9"%$"&*9"!4!M16I"&*9"<!&(+(I1,!R$(!&(+(6!#%"61!(%!(+M1R$(!(9"%$"&*91!'(,'(!(%!R$(!
,(!6("%*8"!%"!(9"%$"#*.+<!(%!I1'(%1!'(!(9"%$"#*.+!(+!(%!R$(!+1,!9"I1,!"!K","6!4!%1,!
1KN(&*91,! (9"%$"&*91,! '(&(6I*+"'1,! 0"6"! (%! $,1! '(%! 016&"M1%*1,2! -,&1,! &6(,!
(%(I(+&1,! ,1+! '(&(6I*+"+&(,! (+! $+! 061#(,1! '(! (9"%$"#*.+2! )"'"! &*01! '(!
016&"M1%*1,! 6(R$*(6(! $+! 061#('*I*(+&1! '(! (9"%$"#*.+! R$(! ,(! "'(#$(! "! ,$! 1KN(&*91!
0"6&*#$%"62!-%!016&"M1%*1!#1I1!&Q#+*#"!'(!(9"%$"#*.+!4!'*"7+.,&*#1<!(,!'(+1I*+"'1!
016!"%7$+1,!"$&16(,!#1I1!&Q#+*#"!(P0"+,*1+*,&"!4!"%&(6+"&*9"!_\"%!]%(+1T,U*<!ABBCa!
:"6#>"<! X2! ABBf`2! -P0"+,*1+*,&"! 016R$(! 0(6I*&(! %"! *+#16016"#*.+! '(! Ib%&*0%(,!
M$(+&(,!4!9"6*('"'!'(!I('*'",!'(!(9"%$"#*.+a!4!"%&(6+"&*9"!016R$(!+1,!1M6(#(!$+"!
,(6*(! '(! 01,*K*%*'"'(,! (9"%$"&*9",! '*M(6(+&(,! "! "R$(%%",! '(! #16&(! 0$6"I(+&(!
#$"+&*&"&*912!-,&",!'1,!#"6"#&(6>,&*#",!O"#(+!R$(!(%!016&"M1%*1,!,("!$+"!&Q#+*#"!I$4!
6*#"! '(! (9"%$"#*.+! 0(61! &"IK*Q+! #1+%%(9"! R$(! (%! '*,(H1! (9"%$"&*91! ,("! I3,!
#1I0%(N1!'(,'(!(%!0$+&1!'(!9*,&"!'(!%"!167"+*8"#*.+<!(,&6$#&$6"#*.+!4!(%(##*.+!'(!
*+'*#"'16(,! (9"%$"&*91,2! -9"%$"6! $+! 016&"M1%*1! (,! $+! 061#(,1! #1I0%(N1! R$(!
#1+%%(9"!I$#O1!I3,!R$(!1&167"6!$+"!+1&"!"!M*+"%!'(!#$6,12!!

/(,'(! +$(,&6"! 0(6,0(#&*9"<! ,(! 06*16*8"! $+! I1'(%1! ('$#"&*91! K","'1! (+! (%!
"06(+'*8<!'(,'(!(,&(!(+M1R$(!,(!1M6(#(!$+"!#1+,*'(6"#*.+!#"'"!9(8!I3,!*I016&"+&(!
"!%"!6(,01+,"K*%*'"'!'(%!(,&$'*"+&(!(+!%"!7(,&*.+!4!"$&166(7$%"#*.+!'(!,$,!061#(,1,!
'(!"06(+'*8"N(!4!"!%"!#"0"#*'"'!'(!"06(+'(6!"!"06(+'(62!-+!+$(,&61!0%"+!M16I"&*91!
(%! 0"0(%! '(%! "%$I+1! (+! (%! 061#(,1! '(! (+,(H"+8"! "! "06(+'*8"N(! (,! "#&*91! 4!
0"6&*#*0"&*91<!'(!%"!I*,I"!I"+(6"!R$(!1&167"I1,!"%!"%$I+"'1!$+!0"0(%!#(+&6"%!(+!
(%! 061#(,1! M16I"&*91<! 0(+,"I1,! R$(! (%! I*,I1! 0"0(%! '(K(! #$I0%*6! '$6"+&(! %"!
(9"%$"#*.+2! S(+,"I1,! R$(! (,! I3,! *I016&"+&(! 0"6"! (%! (,&$'*"+&(! #1+&61%"6! ,$!
0610*1! 061#(,1! '(! "06(+'*8"N(! R$(! 0"6"! (%! 061M(,162! /(,'(! +$(,&6"! 9*,*.+<! %"!
(9"%$"#*.+!&*(+(!$+"!M$+#*.+!&6"+,M16I"'16"!4!M16I"&*9"!4!016!%1!&"+&1!&*(+(!%$7"6!
'$6"+&(! (%! 061#(,12! -,&"! 0(6,0(#&*9"! (9"%$"&*9"<! 9*(+(! I"6#"'"! 016! %"! &(16>"!
('$#"&*9"! R$(! ,$K4"#(! "! +$(,&61! 0614(#&1! 4! R$(! (,! (9*'(+&(! '$6"+&(! &1'1! (%!
061#(,12! /(,'(! %"! &(16>"! W*,&.6*#1! )$%&$6"%! %",! *+&(6"##*1+(,! ,1#*"%(,! &1I"+! $+!
0"0(%!#(+&6"%!(+!(%!061#(,1!M16I"&*91<!(+!+$(,&61!#",1!%",!*+&(6"##*1+(,!061M(,16!"!
"%$I+1! '$6"+&(! (%! 061#(,1! '(! (9"%$"#*.+! N$(7"+! $+! 0"0(%! '(! 6(7$%"#*.+! I$4!
*I016&"+&(!4"!R$(!(,!*I06(,#*+'*K%(!6(,"%&"6!+1!,1%"I(+&(!%1!R$(!O"+!%176"'1!%1,!
(,&$'*"+&(,<!,*+1!%1!I3,!*I016&"+&(!(,!"R$(%%1!R$(!01'63+!%%(7"6!"!#1+,(7$*6!#1+!%"!
"4$'"! '(%! 061M(,16<! (,&1! (+%"8"! 0(6M(#&"I(+&(! #1+! (%! #1+#(0&1! '(! g1+"! '(!

DfB
 !"#$%&'!('&$)*'+"!$,')'!-"!&",)*(*./'!"-0,'&$#'!
#123456!78!)945:1!;!

/(,"661%%1! S6.P*I1! ! _g/S`! '(,"661%%"'1! 016! \471&,U*! ! 4! R$(! Q%! I*,I1! '(M*+*.!
#1I1! _DcdcJDff`J! Z(@! Z16@! ?5! -5>@::1221! H:DP<41! 5>! 2@! ?<>B@6C<@! 56B:5! 52! 6<=52! :5@2! ?5!
?5>@::1221G!?5B5:4<6@?1!A1:!2@!C@A@C<?@?!?5!:5>12=5:!<6?5A56?<56B5456B5!36!A:1Q254@G!O!52!
6<=52!?5!?5>@::1221!A1B56C<@2G!?5B5:4<6@?1!@!B:@=[>!?5!2@!:5>123C<D6!?5!36!A:1Q254@!Q@F1!2@!
M3K@!?5!36!@?32B1!1!56!C12@Q1:@C<D6!?5!1B:1!C14A@N5:1!4J>!C@A@E[2!-%!#1+#(0&1!'(!g/S!
#1+,&*&$4(! $+! #1+#(0&1! b&*%! ! '(,'(! (%! 0$+&1! '(! 9*,&"! ('$#"&*91! 4"! R$(! 9*+#$%"! (%!
061#(,1! '(! "06(+'*8"N(! 4! '(,"661%%1<! 0(6I*&*(+'1! '(&(#&"6! +1! ,.%1! %1,! #*#%1,! 4!
061#(,1,! 4"! #1I0%(&"'1,<! ,*+1! &6"8"6! (%! M$&$61! *+I('*"&1! '(%! "%$I+12! _/(! S"K%1,!
Dcck`!-,&"!6(7$%"#*.+!%%(9"'"!"!#"K1!"!&6"9Q,!'(!%"!*+&(6"##*.+!061M(,16""%$I+1!+1,!
0(6I*&(! "'"0&"6! 4! 0(6,1+"%*8"6! %"! (+,(H"+8"! "! %",! #"6"#&(6>,&*#",! (! *+&(6(,(,!
(,0(#>M*#1,! '(%! (,&$'*"+&(<! %1! R$(! +1,! %%(9"! "! $+"! (9"%$"#*.+! M*+"%! (,0(6"'"! 4!
0%"+*M*#"'"! #1+N$+&"I(+&(! _(+&6(! 061M(,16""%$I+1`<! (%(93+'1,(! (%! +*9(%! '(!
,"&*,M"##*.+!4!(P0(#&"&*9",!'(%!"%$I+"'1!4!016!%1!&"+&1!(%*I*+"+'1!'(%!061#(,1!%"!
M6$,&6"#*.+!4!%",!(9"%$"#*1+(,!*+N$,&",2!

Q;!J%)&,%)$9!,!)4-)2'-$%,9!-,!,0'"1'2)34!-,"!6$%&'($")$!

)1I1! O(I1,! #1I(+&"'1! (! *+'*#"'1! #1+! "+&(6*16*'"'! %"! (9"%$"#*.+! '(%!

016&"M1%*1,!+1!,(!6("%*8"!"%!M*+"%!'(%!#*#%1!('$#"&*91<!,*+1!R$(!,(!O"!,(7$*'1!$+!M(('"
K"#U!#1+,&"+&(!#1+!%1,!"%$I+1,<!%1!R$(!+1,!O"!0(6I*&*'1!%"!6(9*,*.+!4!I(N16"!'(!%1,!
&6"K"N1,! R$(! ,(! 9"+! 6("%*8"+'1! '(! #"6"! "! ,$! (9"%$"#*.+! M*+"%<! 016! %1! &"+&1! %1,!
#6*&(6*1,!(9"%$"&*91,!(+!%1,!R$(!+1,!"014"I1,!0"6"!O"#(6!+$(,&6",!9"%16"#*1+(,!4!
0(6#(0#*1+(,! "#(6#"! '(%! 06176(,1! '(%! "06(+'*8<! (,&3! 06(,(+&(! '$6"+&(! &1'1! (%!
061#(,1<! "$+R$(! (,! "%! M*+"%! #$"+'1! ,(! (,&"K%(#(! $+"! #166(,01+'(+#*"! 1! 9"%16!
+$IQ6*#1!'(!#"6"!"!%"!9(6&*(+&(!"'I*+*,&6"&*9"!R$(!(N(6#(!%"!(9"%$"#*.+!(+!+$(,&61!
,*,&(I"!('$#"&*912!/(,'(!+$(,&6"!0(6,0(#&*9"!%"!(9"%$"#*.+!(,!#1+#(K*'"!#1I1!$+!
061#(,1!'(!#1I06(+,*.+!4!9"%16"#*.+!'(!%1,!061#(,1,!4!'(!%1,!6(,$%&"'1,<!+$(,&61!
I1'(%1! (9"%$"&*91! 0"6&(! '(! $+"! 9*,*.+! 7%1K"%! '(! %1,! '*M(6(+&(,! #1I01+(+&(,! '(%!
016&"M1%*1,!#1I1!$+!&1'1!'*,&*+&1!'(!%"!,$I"!'(!%",!0"6&(,!R$(!%1!#1I01+(+!

-%! 016&"M1%*1! (+! ,$! #1+N$+&1! 01,((! $+! '(&(6I*+"'1! 9"%16! 0('"7.7*#1! 4!
(9"%$"&*91<! (,&1! (,! %1! R$(! %1! '*,&*+7$(! '(! %"! ,*I0%(! (+&6(7"! ,$#(,*9"! '(! &6"K"N1,!
0"6"!$+"!'(&(6I*+"'"!",*7+"&$6"2!S"6"!+1,1&61,!(%!016&"M1%*1,!(+!,$!&1&"%*'"'!'(K(!
,(6! 1K,(69"'1! '(,'(! $+"! ,(6*(! '(! *+'*#"'16(,! R$(! +1,! "016&"63+! *+M16I"#*.+!
"#(6#"! '(%! 061#(,1! '(! "06(+'*8"N(! '(,"661%%"'1! 016! (%! "%$I+1<! (,&(! &*01! '(!
*+M16I"#*.+!M16I"63!0"6&(!'(!%"!+1&"!+$IQ6*#"!1!#"%*M*#"#*.+!M*+"%2!Y1,!#6*&(6*1,!'(!
(9"%$"#*.+! O"#(+! 6(M(6(+#*"! "! %"! 167"+*8"#*.+<! 06(,(+&"#*.+<! ,(%(##*.+! '(!
#1+&(+*'1,! 0('"7.7*#1,<! '(,"661%%1! '(! *'(",! 0610*",<! O"K*%*'"'(,! 0"6"! %"!
167"+*8"#*.+! 4! 7(,&*.+! (&#2<! (+! '(M*+*&*9"! (,&1,! #6*&(6*1,! '(K(+! (,&"6! >+&*I"I(+&(!
6(%"#*1+"'1,! #1+! %1,! 1KN(&*91,! 4! #1I0(&(+#*",! ,(%(##*1+"'",! 4! 06*16*8"'1,! (+! %"!
I"&(6*"a! 4"! R$(! (,&1,! O"+! ,*'1! (%! O*%1! #1+'$#&16! '(%! '*,(H1! '(! %",! "#&*9*'"'(,2! ?!
&6"9Q,! '(! %"! (9"%$"#*.+! ,1I(&(I1,! &"IK*Q+! "! $+! 061#(,1! '(! 9"%*'"#*.+! %",!
"#&*9*'"'(,!'*,(H"'",!0"6"!+$(,&61!016&"M1%*1!'$6"+&(!(%!061#(,1!('$#"&*91<!%1!R$(!
+1,! 0(6I*&(! ",(7$6"6+1,! '(%! QP*&1! I(&1'1%.7*#1! (9"%$"&*91! "! M*+"%! '(%! #$6,12! Y1,!
#6*&(6*1,!(!*+'*#"'16(,!"!%1,!R$(!O"#(I1,!6(M(6(+#*"!,1+J!

DfD!
 !"#$%&'!('&$)*'+"!$,')'!-"!&",)*(*./'!"-0,'&$#'!
#123456!78!)945:1!;!

! H:5>56B@C<D6! ?52! A1:B@I12<1J! /(+&61! '(! %"! 06(,(+&"#*.+! '(! 016&"M1%*1,! *+#%$*I1,! %"!
*'(+&*M*#"#*.+!4!%1#"%*8"#*.+!#%"6"!4!'(&"%%"'"!'(!"#&*9*'"'(,!4!'(!%"!0(6,1+"!R$(!
O"!6("%*8"'1!(%!016&"M1%*12!!

! !5?@CC<D6! C2@:@! O! C14A:56><=@J! 0(+,"I1,! R$(! (,! 06*I16'*"%! 4! +(#(,"6*1! (P*7*6! "!
+$(,&61,!"%$I+1,!$+!+*9(%!'(!(P06(,*.+!(,#6*&"!#1+!#*(6&1!7$,&1!%*&(6"6*1<!0$(,!(,!
"%71!M$+'"I(+&"%!0"6"!(%!M$&$61!0('"7171!#1I1!061M(,*1+"%!

! $6C23><D6! ?5! $6I1:4@C<D6! @CB3@2G! ?<=5:>@! O! >525CC<16@?@! C16! C:<B5:<12! Y",! M$(+&(,! '(!
*+M16I"#*.+!R$(!$&*%*8"I1,! #1I1! M$+'"I(+&1! '(!+$(,&6",!"#&*9*'"'(,<!*'(",! 4!
"67$I(+&1,! ,1+! $+"! M$(+&(! '(! *+M16I"#*.+! (,(+#*"%! 0"6"! (9"%$"6+1,! #1I1!
061M(,*1+"%<! (,! 016! (%%1! R$(! '(K(! M16I"6! 0"6&(! '(! $+! #$*'"'1,1! 061#(,1! 016!
0"6&(!'(%!"06(+'*82!

! "L3<2<Q:<1!56B:5!2@!<6I1:4@C<D6!@A1:B@?@!A:1C5?56B5!?5!I356B5>!5PB5:6@>G!?52!A:1I5>1:!O!2@!
A:1A<@8! F(! (P*7(! '(%! "%$I+"'1! $+! +*9(%! ! '(! #6("#*.+! 0610*"! '1+'(! ,(! O"7"+!
0"&(+&(,!,$,!*'(",2!!

! *:M@6<E@C<D6! 5! <6B5M:@C<D6! ?52! A1:B@I12<1>J! %"! #"0"#*'"'! '(! 167"+*8"6! #"'"! $+"! '(!
%",! "#&*9*'"'(,! '(! M16I"! (+! R$(! R$('(! #%"61! 0"6"! (%! 061M(,16! (%! 061#(,1!
('$#"&*91! ,(7$*'1! 016! (%! "%$I+1<! &"IK*Q+! O"#(I1,! 6(M(6(+#*"! "R$>! "! %"!
#"0"#*'"'!0"6"!6(%"#*1+"6!&1'",!4!#"'"!$+"!'(!%",!"#&*9*'"'(,!'(!M16I"!R$(!+1!
,("+!"#&*9*'"'(,!"*,%"'",!,*+1!R$(!1K&(+7"I1,!$+"!9*,*.+!*+&(76"'"!'(!&1'",!%",!
"#&*9*'"'(,!(+!,$!#1+N$+&1<!(+!'(M*+*&*9"!R$(!,(!"#&b(!#1+!#*(6&"!#1O(6(+#*"!"!%"!
O16"!'(!167"+*8"6!(%!016&"M1%*1,!

! %525CC<D6! ?5! @CB<=<?@?5>! C14A25456B@:<@>! O! 1AB@B<=@>G! (%! "%$I+1! '(K(! I1,&6"6! ,$!
#"0"#*'"'! '(! ,(%(##*.+! 0"6"! I1,&6"6+1,! %1! R$(! 6("%I(+&(! Q%! O"! '(#*'*'1! R$(!
9("I1,!4!(9"%$(I1,2!

! !'A1:B@C<D6! ?5! C16B56<?1>G! <?5@>! O! >3M5:56C<@>! A:1A<@>! 56! 2@>! @CB<=<?@?5>J! %1,!
016&"M1%*1,!'(K(+!&(+(6!"%!I(+1,!$+"!0"6&(!0(6,1+"%*8"'"!R$(!%1,!O"#(!'*,&*+&1,!
'(%!6(,&1!'(!#1I0"H(61,<!(,&"!0(6,1+"%*8"#*.+!'(%!016&"M1%*1,!(%!"%$I+1!%"!0$('(!
6("%*8"6!"!&6"9Q,!'(%!%(+7$"N(!$&*%*8"'1!0"6"!06(,(+&"6!%",!'*,&*+&",!"#&*9*'"'(,<!%"!
,(%(##*.+! '(! &"6("<! (%! M16I"&1<! %"! 167"+*8"#*.+n(&#2! -,! %1! R$(! O(I1,!
'(+1I*+"'1!#6("&*9*'"'!'(%!016&"M1%*1!(+!,$!#1+N$+&12!

! $4A2<C@C<D6G!A@:B<C<A@C<D6!O!C14A:14<>1J!-,&(!#6*&(6*1!M16I"!0"6&(!'(%!#1I061I*,1!
0(6,1+"%! R$(! (%! "%$I+"'1! "'R$*(6(! #1+! %"! ",*7+"&$6"<! (,&(! #1I061I*,1! ,(!
'(I$(,&6"! #1+! %"! ",*,&(+#*"! 4! 0"6&*#*0"#*.+! (+! #%",(<! 6("%*8"#*.+! '(! &"6(",!
#1I0%(I(+&"6*",<!",*,&(+#*"!"!&$&16>",n(&#2!

=1'1,! (,&1,! #6*&(6*1,! (! *+'*#"'16(,! '(! #"%*'"'! '(! %1,! 016&"M1%*1,! '(! +$(,&61,!
"%$I+1,!,1+!&6"&"'1,!'(,'(!$+"!0(6,0(#&*9"!O1%>,&*#"!'(!%"!(9"%$"#*.+2!

DfA
 !"#$%&'!('&$)*'+"!$,')'!-"!&",)*(*./'!"-0,'&$#'!
#123456!78!)945:1!;!

R;!D".14$9!%,91"&'-$9!'6$%&'-$9!6$%!41,9&%$9!,9&1-)'4&,9!

?! #1+&*+$"#*.+! 1M6(#(I1,! "%7$+1,! 6(,$%&"'1,! 1K&(+*'1,! '(,'(! %"!0(6,0(#&*9"!

'(%! "%$I+"'1! R$(! "9"%"+! $+"! (P0(6*(+#*"! ,"&*,M"#&16*"! #1+! (%! 016&"M1%*1! #1I1!
&Q#+*#"! '*'3#&*#"! 4! '(! (9"%$"#*.+2! ="IK*Q+! R$(6(I1,! 1M6(#(6! "%7$+",! 6(M%(P*1+(,!
'(! %1,! 061M(,16(,! *I0%*#"'1,! (+! %"! (P0(6*(+#*"<! '1+'(! ,(! 01+(+! '(! I"+*M*(,&1! %1,!
0$+&1,! M$(6&(,! 4! 0$+&1,! 'QK*%(,! '(! #"6"! "! $+"! I(N16"! (+! ,$! 01,&(6*16!
*I0%(I(+&"#*.+2!-+!#$"+&1!"!%1,!6(,$%&"'1,!M*+"%(,!1K&(+*'1,<!01'(I1,!'(#*6!R$(!
+bI(61!'(!"061K"'1,!(,!K",&"+&(!,"&*,M"#&16*1!4!R$(!%"!+$(9"!I(&1'1%17>"!$,"'"!
+1! O"! 6(0(6#$&*'1! +(7"&*9"I(+&(! (+! %1,! 6(,$%&"'1,! "#"'QI*#1,! '(! +$(,&61,!
(,&$'*"+&(,2! Y1,! 763M*#1,! R$(! 06(,(+&"I1,! "! #1+&*+$"#*.+! 6(M%(N"+! %1,! 6(,$%&"'1,!
M*+"%(,!1K&(+*'1,!016!+$(,&61,!"%$I+1,J!!

ADo

dco Aprobados
Suspensos

.:JI<C1!;8!H1:C56B@F5!?5!>3>A56>1>!O!@A:1Q@?1>!

Eo

fAo ADo

Aprobado
Notable
Sobresaliente
CAo
Suspenso

.:JI<C1!S8!)<=52!?5!C@2<I<C@C<165>!

/(! %1,! 6(,$%&"'1,! 1K&(+*'1,! 016! +$(,&61,! "%$I+1,! ,(6>"! '(,&"#"K%(! (%! 76"+!
+bI(61! '(! "061K"'1,! (+! %"! I"&(6*"<! "$+R$(! (%! 6(9(6,1! '(! (,&1,! '"&1,! (,! (%! K"N1!
016#(+&"N(! '(! "%$I+1,! R$(! 1K&*(+(+! $+"! %"! #"%*M*#"#*.+! I3P*I"! _,1K6(,"%*(+&(`2!
?'(I3,! '(! (,&1,! 6(,$%&"'1,! I3,! (9*'(+&(,<! 0(+,"I1,! R$(! (%! $,1! '(%! 016&"M1%*1,<!
I(6(#(! $+! "+3%*,*,! I3,! 061M$+'1! 4! #$"%*&"&*91! '(! %1,! 6(,$%&"'1,<! 0$(,&1! R$(! (%!

Dff!
 !"#$%&'!('&$)*'+"!$,')'!-"!&",)*(*./'!"-0,'&$#'!
#123456!78!)945:1!;!

#"IK*1!I(&1'1%.7*#1!'(!%"!(9"%$"#*.+!9*(+(!I1&*9"'1!016!%"!"'10#*.+!'(!I('*'",!
%*7"'",!"%!%1761!'(!#1I0(&(+#*",!06*16*8"'",!0"6"!%"!I"&(6*"!4!$+!0"0(%!I3,!"#&*91!
'(%! "%$I+"'1! (+! 061#(,1! (9"%$"&*912! ?! #1+&*+$"#*.+! 06(,(+&"I1,! "%7$+1,! '"&1,!
(P&6">'1,! '(%! "+3%*,*,! '(! 6(,$%&"'1,! '(! $+"! O(66"I*(+&"! #1+,&6$*'"! 0"6"! %"!
(9"%$"#*.+! '(%! '*,(H1! '(! %"! I"&(6*"<! '1+'(! 01'(I1,! "+"%*8"6! %"! 10*+*.+! '(! %1,!
"%$I+1,!'(,'(!'*,&*+&",!'*I(+,*1+(,2!X(,"%&"I1,!"%7$+1,!'"&1,!6(M(6*'1,!"%!76"'1!
'(! ,"&*,M"##*.+! (+! %"! 6("%*8"#*.+! '(! %",! "#&*9*'"'(,! '*,(H"'",! 0"6"! +$(,&61!
016&"M1%*1,! 4!(%! 76"'1! '(!'(,"661%%1! '(! %",! #1I0(&(+#*",! (+!%",!R$(! ,(!"014"+!%",!
"#&*9*'"'(,! '*,(H"'",<! 016! b%&*I1! "016&"6(I1,! "%7$+",! 9"%16"#*1+(,! '(! %1,!
"%$I+1,!"#(6#"!'(!%"!$&*%*'"'!R$(!&*(+(+!%1,!"06(+'*8"N(,!"'R$*6*'1,!(+!%"!I"&(6*"!
0"6"!,$!M$&$61!061M(,*1+"%2!-+!(%!,*7$*(+&(!763M*#1!,(!6(06(,(+&"!(%!9"%16!I('*1!'(%!
76"'1! '(! ,"&*,M"##*.+! 1K&(+*'1! 6(,0(#&1! ! "! %"! 6("%*8"#*.+! '(%! #1+N$+&1! '(!
"#&*9*'"'(,!R$(!#1I01+(+!(%!016&"M1%*1<!(,&(!76"'1!'(!,"&*,M"##*.+!(,&3!I('*'1!(+!
$+"!(,#"%"!'(!D!"!E!'1+'(!D!(,!$+!76"'1!*+,"&*,M"#&16*1!4!E!6(06(,(+&"+!$+!76"'1!
I$4!,"&*,M"#&16*1J!

\1%$+&"6*",

;+,&6$I(+&1

S37*+"!T(K

S6(,(+&"#*.+

D A f C E

.:JI<C1!W8!.:@?1!?5!>@B<>I@CC<D6!A1:!2@!:5@2<E@C<D6!?5!2@>!@CB<=<?@?5>!

)1I1! 01'(I1,! 1K,(69"6! (+! (%! 763M*#1! E<! (%! 76"'1! I('*1! '(! ,"&*,M"##*.+! '(!
+$(,&61,!"%$I+1,!#1+!6(,0(#&1!"!%",!"#&*9*'"'(,!(,!,*(I06(!M"916"K%(<!0$(,&1!R$(!
(+!&1'1,!%1,!#",1,!,(!,$0(6"!(%!9"%16!&6(,!4!(+!(%!#",1!'(!%"!06(,(+&"#*.+!(+!S2S!,(!
,$0(6"!(%!76"'1!#$"&61<!016!%1!R$(!&1'",!%",!9"%16"#*1+(,!(,&3+!I$4!#(6#"!'(%!76"'1!
'(!,"&*,M"##*.+!I3P*I12!5&61!'"&1!R$(!#6((I1,!*I016&"+&(!6(,"%&"6!(,!(%!76"'1!'(!
'(,"661%%1! '(! %",! #1I0(&(+#*",! 0610$(,&",! 0"6"! %"! ",*7+"&$6"<! +1,! 0"6(#(!
*I016&"+&(! 6(,"%&"6! (,&(! '"&1! 0$(,! %"! 0$(,&"! (+! I"6#O"! 4! "'R$*,*#*.+! '(!
#1I0(&(+#*",!(,!(%!06*+#*0"%!(+M1R$(!'(%!,*,&(I"!'(!-)=F2!S"6"!(%%1!O(I1,!0('*'1!
"%!"%$I+"'1!R$(<!K"N1!,$!0(6#(0#*.+<!+1,!*+'*R$(!(%!76"'1!'(!'(,"661%%1!"%#"+8"'1!
"%!M*+"%!'(!#$6,1!(+!#"'"!$+"!'(!%",!#1I0(&(+#*",!0610$(,&",!0"6"!%"!I"&(6*"<!%1,!
6(,$%&"'1,! ,1+! I('*'1,! (+! #"%*M*#"#*.+! I('*"! (+! $+"! (,#"%"! '(! D! "DB! '1+'(! D! p!
I(+16!+*9(%!4!DB!p!I3P*I1!+*9(%<!,1+!%1,!,*7$*(+&(,J!

DfC
 !"#$%&'!('&$)*'+"!$,')'!-"!&",)*(*./'!"-0,'&$#'!
#123456!78!)945:1!;!

JNS#!O!TJHD:! X!
W"K*%*'"'(,!(,0(#>M*#",!(+!%"!*+M16I3&*#"! d<fD!
W"K*%*'"'! 0"6"! 6(#$0(6"6! 4! "+"%*8"6! *+M16I"#*.+! "! 0"6&*6! '(! '*M(6(+&(,! d<Bk!
M$(+&(,!
/(,"661%%1!'(!O"K*%*'"'(,!0"6"!%"!6(,1%$#*.+!'(!061K%(I",! k<dE!
W"K*%*'"'(,!#1I$+*#"&*9",! d<CD!
)"0"#*'"'!#6>&*#"!4!"$&1#6>&*#"! d<Ck!
)"0"#*'"'!0"6"!"0%*#"6!%"!&(16>"!"!%"!063#&*#"! d<Af!
)"0"#*'"'!0"6"!7(+(6"6!+$(9",!*'(",!_#6("&*9*'"'`! d<Cc!
)1I061I*,1!Q&*#1!_!"0%*#"#*.+!'(!9"%16(,!",$I*'1,`! d<AC!

&@Q2@!WR!!5>32B@?1>!45?<1>!?52!?5>@::1221!?5!C14A5B56C<@>!

q&*#"

)6("&*9*'"'

?0%*#"6!&(16>"!"!063#&*#"

)2!)6>&*#"!4!"$&1#6>&*#"

W"K*%*'"'(,!#1I$+*#"&*9",

X(,1%$#*.+!061K%(I",

X(#$0(6"6!4!"+"%*8"6

)2!;+M16I3&*#"

1 2 3 4 5 6 7 8 9 10

.:JI<C1!78!!5>32B@?1>!45?<1>!?52!?5>@::1221!?5!C14A5B56C<@>!

)1I1! ,(! 0$('(! 1K,(69"6! &1'",! %",! #1I0(&(+#*",! "%#"+8"+! +*9(%(,! '(!
'(,"661%%1! I('*1,! '(! +1&"K%(! (+! +$(,&61,! "%$I+1,2! -,&1,! 6(,$%&"'1,! ,1+!
*+'*#"'16(,!'(%!QP*&1!'(!+$(,&6"!I(&1'1%17>"!'(!&6"K"N12!S16!b%&*I1<!"016&"6(I1,!
'"&1,!"#(6#"!'(!%"!$&*%*'"'!'(!%1!R$(!O"+!"06(+'*'1!0"6"!,$!M$&$61!061M(,*1+"%<!#1+!
(,&1!01'(I1,!#1+1#(6!(%!+*9(%!'(!*I016&"+#*"!R$(!1&167"+!"!%1,!"06(+'*8"N(,!R$(!
%(,! O"! 061016#*1+"'1! #$6,"6! +$(,&6"! I"&(6*"<! 4"! R$(! %"! $&*%*'"'! #1I1! M$&$61,!
061M(,*1+"%(,! (,! $+! *+'*#"&*91! '(! "0619(#O"I*(+&1! '(,'(! %"! 0(6,0(#&*9"! '(%!
"%$I+"'1<! (,! %1! R$(! "%7$+",! "$&16",! 4"! O"+! '(+1I*+"'1! #1I1! Z54A25@Q<2<?@?[a!
#1+#(0&1! I$4! '*+3I*#1! R$(! '(+&61! '(%! 061#(,1! '(! #1+9(67(+#*"! ($610("! '(K(!
(+&(+'(6,(! #1I1! %"! 7(+(6"#*.+! 4! '(,"661%%1! (+! %",! 0(6,1+",! '(! $+"! ,(6*(! '(!
#1I0(&(+#*",!'*6*7*'",!"!%"!*+&(+#*.+!'(!"%#"+8"6!$+"!1#$0"#*.+!1!(I0%(1!M16I"%!

DfE!
 !"#$%&'!('&$)*'+"!$,')'!-"!&",)*(*./'!"-0,'&$#'!
#123456!78!)945:1!;!

"+&(!%"!,1#*('"'2!_:1+83%(8<!=2!4!!r"66"73+<!X2!ABBE`2!?!%"!06(7$+&"!\,:55>!L35!21!L35!
]@>!@A:56?<?1!>5:J!?5!3B<2<?@?!?5!C@:@!@!B3!I3B3:1!A:1I5><16@2^!Y",!6(0$(,&",!(+!&Q6I*+1,!
'(!016#(+&"N(,!,1+!%",!,*7$*(+&(,J!

?!9(#(,
DD<Aco

F*(I06(
Ed<CCo

)",*!,*(I06(
fD<Ado

.:JI<C1!VR!$4A@CB1!56!52!I3B3:1!A:1I5><16@2!

)1I1! ,(! 0$('(! 1K,(69"6! %",! 6(,0$(,&",! ><54A:5! 4! C@><! ><54A:5! "7%$&*+"+! (%!
I"416!016#(+&"N(<!I*(+&6",!R$(!%"!6(,0$(,&"!636C@!+1!,(!'"!(+!+*+7b+!#",1<!016!%1!
&"+&1! (%! 76"'1! '(! *I016&"+#*"! '(! %1! "06(+'*'1! R$('"! #1+M*6I"'1! '(,'(! (%! 0$+&1!
'(! 9*,&"!'(%!"%$I+"'12! )6((I1,! R$(! %1,! 6(,$%&"'1,!(P0$(,&1! ,1+! ,$M*#*(+&(,! 0"6"!
N$,&*M*#"6! (%! QP*&1! 1K&(+*'1! (+! +$(,&6"! ",*7+"&$6"! '(,'(! (%! 0$+&1! '(! 9*,&"! '(%!
"%$I+"'12!?!#1+&*+$"#*.+!"016&"I1,!"%7$+",!6(M%(P*1+(,!4!"+3%*,*,!016!0"6&(!'(%!
061M(,16"'12!

U;!J$49)-,%'2)$4,9!()4'",9!

)1I1!O(I1,!#1I(+&"'1!#1+!"+&(6*16*'"'<!(%!$,1!'(%!016&"M1%*1,!(+!%"!I"&(6*"!
=(#+1%17>"! -'$#"&*9"<! ,$67(! K"N1! %"! +(#(,*'"'! '(! *I0%"+&"6! (! *++19"6!
I(&1'1%17>",!'(!(+,(H"+8"!4!(9"%$"#*.+!'(!#"6"!"!%"!#1+9(67(+#*"!'(%!,*,&(I"!'(!
('$#"#*.+! ,$0(6*16! (,0"H1%! "%! 3IK*&1! ($610(12! l1! #"K(! '$'"! '(! R$(! %"!
*I0%"+&"#*.+!'(!(,&(!&*01!'(!(P0(6*(+#*",!9"!06(#('*'"!4!,(7$*'"!'(!$+!061#(,1!'(!
6(M%(P*.+! 4! "+3%*,*,! ,1K6(! %1,! +$(91,! I1'(%1,! 0('"7.7*#1,! 4! ,$! *I0%*#"#*.+!
063#&*#"!(+!(%!#1+&(P&1!'(!%",!"$%",!$+*9(6,*&"6*",2!Y"!06*I(6"!6(M%(P*.+!*I016&"+&(!
"!&(+(6!(+!#$(+&"<!(,!R$(!"$+R$(!'(,'(!%"!+$(9"!0(6,0(#&*9"!'(%!#6Q'*&1!($610(1<!
,(! (,&"K%(#(! (%! Q+M",*,! (+! (%! &6"K"N1! '(%! "%$I+1<! (%! &6"K"N1! '(%! '1#(+&(! +1! 0","! "!
(,&"6! (+! $+! ,(7$+'1! 0%"+1<! &1'1! %1! #1+&6"6*1<! %"! 0%"+*M*#"#*.+! 4! #1+1#*I*(+&1,!
I(&1'1%.7*#1,! ",>! #1I1! (%! '1I*+1! 0('"7.7*#1! '(! $+"! ,(6*(! '(! 0"$&",! '*'3#&*#",!
016!0"6&(!'(%!061M(,16!,1+!I3,!(P*7(+&(,!'(+&61!'(!(,&"!+$(9"!0(6,0(#&*9"<!(,!016!
(%%1!R$(!(%!061M(,16!'(K(!(,&"6!06(0"6"'1!4!M16I"'1!0('"7.7*#"I(+&(<!0$(,&1!R$(!
(,!$+!0$+&1!(,(+#*"%!0"6"!R$(!(%!#"IK*1!,(!061'$8#"!#1+!QP*&1!

5&61! &(I"! R$(! +1,! 06(1#$0"! '(,0$Q,! 4! R$(! #1+,*'(6"I1,! *I016&"+&(! (,! (%!
&(I"!'(!%"!6"&*1!061M(,16!"%$I+1,2!Y"!I"&(6*"!=(#+1%17>"!-'$#"&*9"!(+!,$!&$6+1!'(!
I"H"+"! #$(+&"! #1+! $+! &1&"%! '(! AAE! "%$I+1,! *+,#6*&1,! (+! "#&"<! 6(0"6&*'1,! (+! '1,!

Dfk
 !"#$%&'!('&$)*'+"!$,')'!-"!&",)*(*./'!"-0,'&$#'!
#123456!78!)945:1!;!

76$01,<! %1! R$(! '(&(6I*+"! $+"! 6"&*1! "061P*I"'"! '(! DDA! 1! DDE! "%$I+1,! 016! "$%"!
",*7+"'1,!"!$+!,1%1!061M(,162!Y"!(P0(6*(+#*"!R$(!O(I1,!%%(9"'1!"!#"K1<!W"!#1+&"'1!
#1+! %"! 0"6&*#*0"#*.+! #116'*+"'"! '(! &6(,! '1#(+&(,2! S16! %1! &"+&1<! $+! 06*I(6! 4!
M$+'"I(+&"%!6(R$*,*&1!0"6"!(%!K$(+!'(,"661%%1!'(%!016&"M1%*1!#1I1!I(&1'1%17>"!'(!
(9"%$"#*.+! 4! '(,"661%%1! (,! $+"! 6('$##*.+! '(! %"! 6"&*1! 4"! R$(! (+! (,&(! &*01! '(!
I(&1'1%17>",! K","'",! (+! (P0(6*(+#*",! 063#&*#",<! $+! (%(I(+&1! M$+'"I(+&"%! (,! %"!
"&(+#*.+!*+'*9*'$"%*8"'"!4!%"!06(,(+&"#*.+!'(!7$>",!4!"0141,!0"6"!%"!6(,1%$#*.+!'(!
061K%(I",2! S16! %1! &"+&1<! K"N1! %",! #1+'*#*1+(,! "'I*+*,&6"&*9",! "#&$"%(,! ,(6>"!
*I01,*K%(! %%(9"6! (,&"! (P0(6*(+#*"! "! #"K1<! ,"%91! R$(! ,(! #$(+&(! #1+! (%! "0141!
#116'*+"'1! '(! 1&61,! '1#(+&(,2! S(+,"I1,! R$(! 1&6",! '(! %",! #%"9(,! '(%! QP*&1! '(! %"!
0$(,&"!(+!063#&*#"!'(%!016&"M1%*1,!#1I1!I(&1'1%17>"!'(!&6"K"N1<!",>!#1I1!#$"%R$*(6!
1&6"! I(&1'1%17>"! K","'"! (+! (%! &6"K"N1! '(%! "%$I+1! 6(R$*(6(! '(! $+! 0%"+! '*'3#&*#1!
K*(+! (,&6$#&$6"'1! 4! $+"! "&(+#*.+! *+'*9*'$"%*8"'"! '(%! "%$I+"'1! (+&6(! 1&6",!
#$(,&*1+(,<! %1! R$(! #1+%%(9"! "! $+"! +(#(,"6*"! 6('$##*.+! '(! %"! 6"&*1! 4! "! $+"!
#1+9(+*(+#*"!'(!&6"K"N"6!#1+!(R$*01,!'1#(+&(,2!

F*!'(,'(!%"!+$(9"!0(6,0(#&*9"!('$#"&*9"<!4"!"%7$+1,!"$&16(,!_/(!S"K%1,!ABBE`!
"0$+&"+!%"!76"+!*I016&"+#*"!R$(!(N(6#(+!(%!$,1!'(!%",!&(#+1%17>",!'(!%"!*+M16I"#*.+!
4! %"! #1I$+*#"#*.+! 0"6"! %"! "#&*9*'"'! '1#(+&(! (! *+9(,&*7"'16"<! ,(63! +(#(,"6*1! 4!
M$+'"I(+&"%!'*,01+(6!'(!*+M6"(,&6$#&$6",!&(#+1%.7*#",!4!6(#$6,1,!*+M16I3&*#1,!R$(!
+1,! 0(6I*&"+! *+#16016"6! '(! M16I"! 6("%! %",! =;)! #1I1! O(66"I*(+&",! O"K*&$"%(,! 4!
#1&*'*"+",!'(!&6"K"N12!!*+"%I(+&(<!+1,!7$,&"6>"!"H"'*6!R$(!'(,'(!%"!0(6,0(#&*9"!'(%!
061M(,16<! (,&"! +$(9"! M16I"! '(! &6"K"N1! R$(! (,&"I1,! (P0(6*I(+&"'1<! +1,! 1M6(#(! %"!
1016&$+*'"'!'(!$+!I"416!"#(6#"I*(+&1!"!+$(,&61!"%$I+"'1!4!#1+!(%%1!+1,!0(6I*&(!
$+"! I"416! "'"0&"#*.+! '(! +$(,&6"! (+,(H"+8"! "! %",! +(#(,*'"'(,! (! *+R$*(&$'(,! '(!
+$(,&61,!"%$I+1,<!%1!R$(!,(!&6"'$#(!(+!,"&*,M"##*.+!'(!+$(,&61,!"%$I+1,!"#(6#"!'(!
,$!"06(+'*8"N(!4!,"&*,M"##*.+!061M(,*1+"%!0"6"!+1,1&61,!#1I1!'1#(+&(,a!-+!#"IK*1!
#6((I1,!*I016&"+&(!6(,"%&"6<!R$(!(%!&6"K"N1!'(%!061M(,16!,(!'$0%*#"!4!&6*0%*#"<!#1+!%1!
R$(! &(6I*+"I1,! (%! #$"&6*I(,&6(,! (PO"$,&1,2! )1+! (,&",! 0"%"K6",! &(6I*+"I1,!
+$(,&6"! 6(M%(P*.+! ! #1+! $+"! 06(7$+&"! R$(! R$*83,! +1! 01'"I1,! #1+&(,&"6! 016! (%!
I1I(+&12!s-P*,&*63!$+!6(#1+1#*I*(+&1!061M(,*1+"%!0"6"!(%!'1#(+&(!016!,$!(,M$(681!
4!&6"K"N1t2!

V;!A)C")$.%'(/'!

?76"<!j2!@2<!:(T(6#<!?2!e!j1+&(61<!j2!Y2!_ABBf`2!-%!016&"M1%*1,!#1I1!O(66"I*(+&"!
'(!"+3%*,*,!(+!(P0(6*(+#*",!'(!M16I"#*.+!1+"%*+(!4!06(,(+#*"%(,2!"6>5N@6E@<!AD<!
ABBf<!DBD"DDC2!

r"66"73+<! X2! 4! r$8.+<! 52! _ABBC`J! /(,"661%%1! '(! #1I0(&(+#*",! (,0(#>M*#",! (+! %"!
I"&(6*"! '(! =(#+1%17>"! -'$#"&*9"! K"N1! (%! I"6#1! '(%! -,0"#*1! -$610(1! '(!
-'$#"#*.+! F$0(6*16[2! !5=<>B@! (@B<61@45:<C@6@! ?5! &5C6121MK@! "?3C@B<=@2! f_D`<!
002DBD"DDC2!!

r$8.+<! 52! 4! r"66"73+<! X2! _ABBC`2! ^+! I1'(%1! '(! -+,(H"+8""?06(+'*8"N(! 0"6"! %"!
*I0%"+&"#*.+! '(%! +$(91! ,*,&(I"! '(! )6Q'*&1,! -$610(1,! (+! %"! I"&(6*"! '(!

Dfd!
 !"#$%&'!('&$)*'+"!$,')'!-"!&",)*(*./'!"-0,'&$#'!
#123456!78!)945:1!;!

=(#+1%17>"! -'$#"&*9"2! !5=<>B@! (@B<61@45:<C@6@! ?5! &5C6121MK@! "?3C@B<=G2! f_D`<!

002kd"mB2!!

)1%(<!/2@2<!X4"+<!)O2h2!4!]*#U<!!2!4!j&O*(,<!r2!]2!_ABBB`2!H1:B@I12<1>!@C:1>>!B]5!C3::<C3234!
@6?!Q5O16?8!=O1$,"+'!5"U,<!)"%*M16+*"J!F"7(!S$K*#"&*1+,!

)161I*+",<!-2!_ABBB`2!Zs-+&6"I1,!(+!%"!(6"!016&"M1%*1,t[2!_1:?D6<!EA_C`<!002!EBc"EAD2!

/(! S"K%1,<! @2! _Dcck`2! &5C6121MK@! O! "?3C@C<D6Y8! 06@! @A:1P<4@C<D6! >1C<1C32B3:@28!

r"6#(%1+"J!)('(#,2!!

/(! S"K%1,<!@2!_ABBE`2!Z-%! -,0"#*1!-$610(1!'(!-'$#"#*.+!F$0(6*16!4!%",!=(#+1%17>",!

'(! %"! ;+M16I"#*.+! 4! )1I$+*#"#*.+[2! -+! )1%3,<! S2! 4! /(! S"K%1,<! @2! _#116'2`2! (@!
06<=5:><?@?! 56! 2@! 06<D6! "3:1A5@8! "2! ">A@C<1! "3:1A51! ?5! "?3C@C<D6! %3A5:<1:! O! >3!
<4A@CB1!56!2@!?1C56C<@2!j3%"7"J!?%N*K(2!!!

/%(+1T,U*<! \2! _ABBE`J! -5>@::1221! ?52! A1:B@I12<1! A@:@! 52! @A:56?<E@F5! O! 2@! 5=@23@C<D68!
H:1C5>1>!O!A:<6C<A<1>2!j"'6*'J!l"6#("2!

:"6#>"!SQ6(8<!X2!_ABBf`J!=Q#+*#",!(!;+,&6$I(+&1,!'(!/*"7+.,&*#12!S614(#&1!/1#(+&(2!
/(0"6&"I(+&1!j;/-2!F(9*%%"J!;-=-2!-+!06(+,"2!

:1+83%(8<! =2! e! r"66"73+<! X2! _ABBE`2! S(6M*%!M16I"&*91!4! #1I0(&(+#*",! 061M(,*1+"%(,!

'(! %1,! &*&$%"'1,! (+! 0('"717>"! (+! (%! +$(91! -,0"#*1! -$610(1! '(! -'$#"#*.+!
F$0(6*162!X(9*,&"!'(!)*(+#*",!'(!%"!-'$#"#*.+2!-+!06(+,"!

;K"66"<!j2!F2!_Dccd`2!-%!016&"M1%*1!#1I1!(,&6"&(7*"!'(!'*"7+.,&*#1!(+!F(#$+'"6*"2!-+!
W2!F"%I(6.+!_)116'2`2!-<@M61>B<C@:!56!"?3C@C<D62!:6"+"'"J!!-=-i^:=<!002!CAE"
CfD2!

j$H18<!@2!j2!_ABBB`J!Z-9"%$"#*.+!4!7(,&*.+!'(!%"!#"%*'"'!'(!%1,!#(+&61,!('$#"&*91,[!
(+! :1+8"%(8<! =2! _#116'2`2! "=@23@C<D6! O! M5>B<D6! ?5! 2@! C@2<?@?! 5?3C@B<=@! 36! 56I1L35!
45B1?12DM<C12!j3%"7"J!?%N*K(2!

X1'6>7$(8! -,0*+"6<! F2! _Dccd`2! -%! 016&"M1%*1,! sI1'(%1! '(! (9"%$"#*.+! 1! ,*I0%(!
O*,&16*"%! '(%! "%$I+1t2! -+! W2! F"%I(6.+! _)116'2`2! -<@M61>B<C@:! 56! "?3C@C<D62!
:6"+"'"J!!-=-i^:=<!002!Dmf"Dcc2!

FO$%I"+<!Y2!_Dccc`2!S16&"M1%*1,!'(%!'1#(+&(J!$+"!"#&*9*'"'!&(.6*#"2!-+!l2!Y41+,<!l2!
_)1I02`! _Dccc`2! "2! 3>1! ?52! A1:B@I12<1>8! H:1A35>B@>! A@:@! 36! 635=1! A:1I5><16@2<>41!
?1C56B52!r$(+1,!?*6(,J!?I16616&$<!CE"kA2!

F1%"K"66*(&"<!@2!4!\*%%"6'.+<!Y2!_ABBf`2!Z)1+#(0&1!'(!(9"%$"#*.+!(+!(%!+$(91!I1'(%1!
'(!(+,(H"+8!"06(+'*8"N([2!F(I*+"6*1!;+&(6+"#*1+"%!56*(+&"#*1+(,!S('"7.7*#",!
0"6"!%"!)1+9(67(+#*"!-$610("!'(!-'$#"#*.+!F$0(6*162!c"DD!'(!@$%*1!ABBf2!

\471&,U*<!Y2!_Dcdc`2!"2!?5>@::1221!?5!21>!A:1C5>1>!A><C12DM<C1>!>3A5:<1:5>2!r"6#(%1+"J!)6>&*#"2!

Dfm
 !"#$%&'!('&$)*'+"!$,')'!-"!&",)*(*./'!"-0,'&$#'!
#123456!78!)945:1!;!

h(6&,#O<! @2! _DccC`J! Z=O(! 06*I"#4! 1M! I('*"&('! "#&*1+! *+! ,1#*1#$%&$6"%! ,&$'*(,[2! +<6?G!
C32B3:5!@6?!@CB<=<BO*!D_C`<!!002!ABA"ABm!

e3+*8<!)2!_ABBA`J!Z-9"%$"#*.+!'(%!"06(+'*8"N(J!)1+#(0&1!4!S%"+&("I*(+&1,!K3,*#1,[2!
^+*'"'! '*'3#&*#"! 0"6"! %"! M16I"#*.+! '(%! 061M(,16"'1! $+*9(6,*&"6*12!!
O&&0JiiTTT2*#(2'$,&12(,i"%$'i7$*"2",0!

g"K"%8"<! j2! ?2! _ABBD`J! Z-9"%$"#*.+! '(! %1,! "06(+'*8"N(,! (+! %"! $+*9(6,*'"'[2! -+! ?2!
:"6#>"!\"6#36#(%2!-<?JCB<C@!06<=5:><B@:<@2!j"'6*'J!Y"!j$6"%%"2!

S"6"!#*&"6!(,&(!"6&>#$%1J!!

X"R$(%! r"66"73+! F3+#O(8<! X2! _ABBE`2! -%! S16&"M1%*1<! I(&1'1%17>"! '(! (9"%$"#*.+! 4!
"06(+'*8"N(! '(! #"6"! "%! +$(91! -,0"#*1! -$610(1! '(! -'$#"#*.+! F$0(6*162! ^+"!
(P0(6*(+#*"! 063#&*#"! (+! %"! ^+*9(6,*'"'! '(! F(9*%%"<! !5=<>B@! (@B<61@45:<C@6@! ?5!
&5C6121MK@! "?3C@B<=@<! C! _D`<! DAD"Dfc2! uO&&0JiiTTT2$+(P2(,i'*'"#&*#"iX-Y?=-)i!
,$I"6*1vCvD2O&Iw2!

Dfc!
 !"#$%&'!('&$)*'+"!$,')'!-"!&",)*(*./'!"-0,'&$#'!
#123456!78!)945:1!;!

DCB