You are on page 1of 627

!

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

NOBPQBQPQP

-$(./*#0(12+(32%(4+15#6(*(72,0'"*6$#(8$/59,$

:42+.(./5'(!"#$%&'()*#+*,

;<=,*#*.52#(23('1>42,'

D*>%&'(46+'+<4;4<4*&4+()+'+64&(%)*+7%(8%*+'+&8'H(4<+&)*('%*%*=+%:H)<('*(+%*;)<:'(%)*+'*>+6';4(9
7'<*%*=6+ +(8'(+68)"$>+'$7'96+#4+844>4>B

384+'<<)7+%*>%&'(46+(84+4*>+);+'+64&(%)*B

38%6+69:#)$+%*>%&'(46+6%("'(%)*6+784<4+(84+@48%&$4+:"6(+#4+6()HH4>+'6+I"%&J$9+'6+H)66%#$4B

38%6+69:#)$+%*>%&'(46+'+<4=%6(4<4>+(<'>4:'<JB+K)74@4<L+(84+'#64*&4+);+(8%6+69:#)$+>)46+*)(+&)*6(%,
("(4+'+7'%@4<+);+'*9+<%=8(6+'66)&%'(4>+7%(8+%*(4$$4&("'$+H<)H4<(9B

M+ E<)66,<4;4<4*&4+()+'+<4>L+)<'*=4L+)<+94$$)7+7'<*%*=+%*+(84+6':4+64&(%)*+)<+)*+(84+6H4&%;%4>+H'=4L
H)%*(%*=+)"(+H)66%#$4+<%6J6+(8'(+&'*+&'"64+64<%)"6+H4<6)*'$+%*A"<%46+'*>+8)7+()+84$H+H<4@4*(+(84:B
M+

M+

M+ E<)66+<4;4<4*&4+()+'+7'<*%*=+);+H)(4*(%'$+H<)H4<(9+>':'=4L+%*+(84+6':4+64&(%)*+)<+)*+(84+6H4&%;%4>
H'=4B

-./012
345(6+7%(8+(8%6+69:#)$+&)*('%*+%*;)<:'(%)*+<4='<>%*=+8'?'<>)"6+6%("'(%)*6+78%&8+7%$$+&'"64+>4'(8+)<+64,
@4<4+%*A"<%46+%;+%=*)<4>B

C.2/D/0
345(6+7%(8+(8%6+69:#)$+&)*('%*+%*;)<:'(%)*+<4='<>%*=+8'?'<>)"6+6%("'(%)*6+78%&8+&)"$>+&'"64+>4'(8+)<+64,
@4<4+%*A"<%46+%;+%=*)<4>B

E.F3DG/
345(6+7%(8+(8%6+69:#)$+&)*('%*+%*;)<:'(%)*+<4='<>%*=+8'?'<>)"6+6%("'(%)*6+78%&8+&)"$>+&'"64+:%*)<+()
:)>4<'(4+%*A"<%46+%;+%=*)<4>B
/G3DE1
345(6+7%(8+(8%6+69:#)$+&)*('%*+%*;)<:'(%)*+<4='<>%*=+6%("'(%)*6+78%&8+&)"$>+&'"64+@48%&$4+>':'=4+%;
%=*)<4>B

345(6+7%(8+(8%6+69:#)$+&)*('%*+%*;)<:'(%)*+'#)"(+(84+4*@%<)*:4*(+'*>+8)7+9)"+&'*+84$H+()+H<)(4&(+%(B

345(6+7%(8+(8%6+69:#)$+&)*('%*+6"HH$4:4*('<9+%*;)<:'(%)*B

7$/59,$(28$%85$"'

?%2#.(85$"

R%=B+
R%=B+NN+ R<)*(+@48%&$4+)@4<@%47B

S49+;)<+;%=B+N T

N -))<+8'*>$4+UM+-))<6L+-46&<%H(%)*V
Q K4'>$%=8(6+UM+15(4<%)<+$%=8(%*=L+-46&<%H(%)*V
O W4*6)<6+;)<+'66%6('*&4+696(4:6+UM+X48%&$4+&'<4+45(4<%)<L+E$4'*%*=Y&'<4V
Z [48%*>+'+&)@4<T+:)"*(+;)<+()7%*=+494+UM+X48%&$4+()7%*=L+-46&<%H(%)*V
\ [48%*>+(84+XC+4:#$4:T+<'>'<+64*6)<+;)<+'66%6('*&4+696(4:6+UM+X48%&$4+&'<4+45(4<%)<L+E$4'*,
%*=Y&'<4V
] K))>+<4$4'64+UM+D*+(84+4*=%*4+&):H'<(:4*(L+GH4<'(%)*V
^ C%*>68%4$>T
— C%(8+XD/+UM+34&8*%&'$+>'('L+-46&<%H(%)*V
— C%(8+7%*>68%4$>+7%H4<6+UM+C%*>68%4$>+7%H4<6L+GH4<'(%)*V
— C%(8+&':4<'+7%*>)7+;)<+'66%6('*&4+696(4:6+UM+X48%&$4+&'<4+45(4<%)<L+E$4'*%*=Y&'<4V
— C%(8+<'%*Y$%=8(+64*6)<+%*+(84+<4'<@%47+:%<<)<+'<4'+UM+2'%*Y$%=8(+64*6)<L+-46&<%H(%)*V L+UM+X48%,
&$4+&'<4+45(4<%)<L+E$4'*%*=Y&'<4V

@$*%(85$"

R%=B+
R%=B+NN+ 24'<+@48%&$4+)@4<@%47B

S49+;)<+;%=B+N T

N 2));+'*(4**'+UM+2'>%)+<4&4H(%)*+'*>+'*(4**'L+-46&<%H(%)*V
Q K%=8,:)"*(4>+#<'J4+$%=8(
O 24'<+7%*>)7T
— C%(8+<4'<+7%*>)7+>4;<)6(4<+UM+K4'(%*=L+'%<+&)*>%(%)*%*=L+&))$%*=L+-46&<%H(%)*V
— C%(8+<4'<+7%*>)7+7%H4<+UM+C%*>68%4$>+7%H4<6L+GH4<'(%)*V
— C%(8+7%*>)7+'*(4**'+UM+2'>%)+<4&4H(%)*+'*>+'*(4**'L+-46&<%H(%)*V

Z X)$J67'=4*+4:#$4:+;)<+)H4*%*=+(84+(<"*J+$%>+UM+3<"*J+$%>L+-46&<%H(%)*V
\ !'<J%*=+696(4:6+&':4<'+'<4'+UM+24'<+X%47+E':4<'+696(4:L+-46&<%H(%)*V L+UM+X48%&$4+&'<4+45(4,
<%)<L+E$4'*%*=Y&'<4V
] /":#4<+H$'(4+$%=8(+UM+15(4<%)<+$%=8(%*=L+-46&<%H(%)*V
^ 3<'%$4<+8%(&8+UM+3<'%$4<+()7%*=L+-46&<%H(%)*V
_ [48%*>+'+&)@4<T+:)"*(+;)<+()7%*=+494+UM+X48%&$4+()7%*=L+-46&<%H(%)*V
` [48%*>+(84+#":H4<T+<'>'<+64*6)<+;)<+'66%6('*&4+696(4:6+UM+X48%&$4+&'<4+45(4<%)<L+E$4'*%*=Y&'<4V
NP W4*6)<6+;)<+'66%6('*&4+696(4:6+UM+X48%&$4+&'<4+45(4<%)<L+E$4'*%*=Y&'<4V
NN a)"*(%*=+H)%*(6+;)<+(84+@48%&$4+A'&J+UM+C844$+&8'*=4L+-46&<%H(%)*V
NQ 3'%$$%=8(6+UM+15(4<%)<+$%=8(%*=L+-46&<%H(%)*V
NO R"4$+;%$$4<+;$'H+UM+R"4$+(9H46+'*>+<4;"4$%*=L+-46&<%H(%)*V
NZ 15(4<%)<+:%<<)<6+UM+15(4<%)<+<4'<@%47+:%<<)<6L+W4((%*=6V
— 7%(8+b'*4+E8'*=4+W96(4:+UW%>4+.66%6(V+>%6H$'9+UM+b'*4+E8'*=4+W96(4:+UW%>4+.66%6(VL+-46&<%H,
(%)*V

A%58$%B'(C22%

R%=B+
R%=B+NN+ -<%@4<c6+>))<+U$4;(,8'*>+><%@4+@48%&$4VT+&)*(<)$6+U<%=8(,8'*>+><%@4+@48%&$46+'<4+'+:%<<)<+%:'=4VB

S49+;)<+;%=B+N T

N -))<+8'*>$4
Q E4*(<'$+$)&J%*=+#"(()*+()+$)&J+'*>+"*$)&J+(84+@48%&$4+UM+D*>%&'()<+$%=8(+%*+(84+><%@4<d6+>))<L+-4,
6&<%H(%)*V
O E4*(<'$+$)&J%*=+%*>%&'()<+$%=8(+UM+D*>%&'()<+$%=8(+%*+(84+><%@4<d6+>))<L+-46&<%H(%)*V
Z ["(()*6+;)<+)H4<'(%*=+(84+H)74<+7%*>)76+UM+C%*>)76L+GH4<'(%)*V
\ K))>+<4$4'64+$4@4<+UM+D*+(84+4*=%*4+&):H'<(:4*(L+GH4<'(%)*V
] S*)#+;)<+45(4<%)<+:%<<)<+H)6%(%)*+'*>+;"*&(%)*6+UM+15(4<%)<+<4'<@%47+:%<<)<6L+W4((%*=6V
^ W()<'=4+&):H'<(:4*(T
— C%(8+&"H+8)$>4<
— C%(8+6()<'=4+)H(%)*+;)<+'+<4;$4&(%@4+@46(+UM+1:4<=4*&9+4I"%H:4*(L+-46&<%H(%)*V

A%58$%B'('5C$

R%=B+
R%=B+NN+ -<%@4<+6%>4+)@4<@%47+U$4;(,8'*>+><%@4+@48%&$4VB
R%=B+
R%=B+QQ+ -<%@4<+6%>4+)@4<@%47+U<%=8(,8'*>+><%@4+@48%&$4VB

S49+;)<+;%=B+N +'*>+;%=B+Q T

N X4*(+UM+K4'(%*=L+'%<+&)*>%(%)*%*=L+&))$%*=L+-46&<%H(%)*V
Q E)*(<)$+H'*4$T
— R)<+$%=8(+;"*&(%)*6+UM+15(4<%)<+$%=8(%*=L+-46&<%H(%)*V
— +R)<+7%*>)7+84'(%*=+'*>+@4*(%$'(%)*+UM+K4'(%*=L+'%<+&)*>%(%)*%*=L+&))$%*=L+-46&<%H(%)*V

O 3"<*+6%=*'$+'*>+8%=8+#4':+$4@4<+UM+3"<*+6%=*'$L+GH4<'(%)*V L+UM+K%=8+#4':+84'>$%=8(L+GH4<'(%)*V
— C%(8+67%(&8+'*>+#"(()*6+;)<+><%@4<+'66%6('*&4+696(4:6+UM+-<%@4<+'66%6('*&4+696(4:6L+-46&<%H,
(%)*V

Z a"$(%;"*&(%)*+6(44<%*=+7844$+&)*(<)$6T
— R)<+><%@4<+'66%6('*&4+696(4:6+UM+-<%@4<+'66%6('*&4+696(4:6L+-46&<%H(%)*V
— R)<+:4*"+64$4&(%)*+UM+a4*"6+'*>+%*;)<:'(%)*+>%6H$'96L+G@4<@%47V
— R)<+'&&4H(%*=+(4$4H8)*4+&'$$6+
— R)<+'">%)L+*'@%='(%)*+ +
— R)<+'>A"6(%*=+(84+@)$":4+ +
— R)<+@)%&4+)H4<'(%)*+'&(%@'(%)*+ +U:'9+*)(+;"*&(%)*+>4H4*>%*=+)*+(84+4I"%H:4*(V
— D*+)<>4<+()+67%(&8+#4(744*+(84+&"<<4*(+'*>+H<4@%)"6+:4*"6+ +UM+-%=%('$+%*6(<":4*(+&$"6(4<
U.D-VL+G@4<@%47V

\ K)<*
] D*6(<":4*(+&$"6(4<+UM+D*6(<":4*(+&$"6(4<L+-46&<%H(%)*V
— C%(8+7'<*%*=+'*>+%*>%&'()<+$%=8(6+UM+W9:#)$6+%*+(84+%*6(<":4*(+&$"6(4<L+G@4<@%47V

^ C%*>68%4$>+7%H4<Y7'684<+$4@4<+UM+C%*>68%4$>+7%H4<6L+-46&<%H(%)*V
— C%(8+#"(()*6+;)<+:4*"+)H4<'(%)*+UM+a4*"6+'*>+%*;)<:'(%)*+>%6H$'96L+GH4<'(%)*V

_ E)*(<)$6T
— R)<+(84+(4:H4<'("<4+64((%*=+);+(84+'%<+&)*>%(%)*%*=+696(4:+)<+(84+84'(%*=+'*>+;<468+'%<+696,
(4:+UM+K4'(%*=L+'%<+&)*>%(%)*%*=L+&))$%*=L+-46&<%H(%)*V
— R)<+'>A"6(%*=+(84+@)$":4

` D*;)('%*:4*(+696(4:+UM+-46&<%H(%)*L+D*;)('%*:4*(+696(4:V
NP E)*(<)$6T
— +R)<+(84+'%<+&)*>%(%)*%*=+696(4:L+84'(%*=+'*>+;<468+'%<+696(4:+UM+K4'(%*=L+'%<+&)*>%(%)*%*=L
&))$%*=L+-46&<%H(%)*V
— R)<+-<%@%*=+a)>4+W4$4&(%)*+UM+-46&<%H(%)*L+-<%@%*=+a)>4+W4$4&(%)*V

NN E)*(<)$6T
— +R)<+><%@4<+'66%6('*&4+696(4:6+UM+-<%@4<+'66%6('*&4+696(4:6L+-46&<%H(%)*V
— ["(()*+;)<+67%(&8%*=+(84+4:4<=4*&9+;$'684<6+)*+)<+);;+ +UM+D*+&'64+);+'*+4:4<=4*&9L+-4,
6&<%H(%)*V
— R)<+H'<J%*=+'*>+:'*4"@4<%*=+'66%6(+696(4:6+ +UM+!'<J%*=+'*>+:'*4"@4<%*=L+-46&<%H(%)*V

NQ !4>'$6+UM+!4>'$6L+G@4<@%47V
NO b)&'(%)*+);+><%@4<c6+;<)*(+'%<#'=+UM+.%<#'=+696(4:L+-46&<%H(%)*V
NZ b4@4<+;)<+'>A"6(%*=+(84+6(44<%*=+7844$+H)6%(%)*+UM+W(44<%*=+7844$L+-46&<%H(%)*V

D2..2>('$9.52#(23(./$(9$#.$%(92#'2,$
R%=B+
R%=B+NN+ G@4<@%47+);+(84+$)74<+64&(%)*+);+(84+&4*(4<+&)*6)$4+;)<+@48%&$46+7%(8+:'*"'$+(<'*6:%66%)*B
R%=B+
R%=B+QQ+ G@4<@%47+);+(84+$)74<+64&(%)*+);+(84+&4*(4<+&)*6)$4+;)<+@48%&$46+7%(8+-W0+'"():'(4>+(<'*6,
:%66%)*+U$4;(,8'*>+><%@4+@48%&$46VB

S49+;)<+;%=B+N +)<++;%=B+Q T

N ["(()*+()+6('<(+'*>+6()H+(84+4*=%*4+US49$466+.&&466+7%(8+H"68,#"(()*+6('<(V+UM+1*=%*4+6('<(L
-46&<%H(%)*V
Q FW[+6)&J4(6+UM+a4>%'+&)**4&(%)*L+-46&<%H(%)*V
O W()<'=4+&):H'<(:4*(T
— b'<=4+6()<'=4+&):H'<(:4*(+7%(8+;"*&(%)*+;)<+7%<4$466+&8'<=%*=+'&&)<>%*=+()+eD+6('*>'<>+UM
24I"%<4:4*(6L+!8)*4+%*(4<;'&4V
— W:'$$+6()<'=4+&):H'<(:4*(+U@48%&$46+7%(8+'"():'(%&+(<'*6:%66%)*+)<+-W0f+'"():'(4>+(<'*6,
:%66%)*+V+UM+."():'(%&+(<'*6:%66%)*+U&):#%*'(%)*VL+-46&<%H(%)*V

Z b4@4<+)<+J*)#T
— ;)<+:'*"'$+(<'*6:%66%)*6+UM+a'*"'$+(<'*6:%66%)*L+-46&<%H(%)*V
— G<+-W0f+'"():'(4>+(<'*6:%66%)*+UM+."():'(%&+(<'*6:%66%)*+U&):#%*'(%)*VL+-46&<%H(%)*V
— G<+'"():'(%&+(<'*6:%66%)*+UM+."():'(%&+(<'*6:%66%)*+U&):#%*'(%)*VL+-46&<%H(%)*V

\ 1$4&(<)*%&+H'<J%*=+#<'J4+UM+1$4&(<)*%&+H'<J%*=+#<'J4L+-46&<%H(%)*V
] ["(()*+;)<+(84+."()+K)$>+;"*&(%)*+UM+."()+K)$>L+-46&<%H(%)*V
^ W()<'=4+&):H'<(:4*(+7%(8+&"H+8)$>4<
_ E%='<4((4+$%=8(4<+)<+NQ+X+6)&J4(+UM+.68(<'9+'*>+&%='<4((4+$%=8(4<L+-46&<%H(%)*V L+UM+W)&J4(6L+-4,
6&<%H(%)*V
` E4*(4<+'<:<46(+7%(8+6()<'=4+&):H'<(:4*(
NP a)#%$4+'68(<'9+U>4H4*>%*=+)*+(84+4I"%H:4*(V
NN !'<J%*=+$)&J+U@48%&$46+7%(8+'"():'(%&+(<'*6:%66%)*+)<+-W0f+'"():'(4>+(<'*6:%66%)*+V+UM+GH4<,
'(%)*L+."():'(%&+(<'*6:%66%)*+U&):#%*'(%)*VV

?%2#.(=*''$#6$%B'('5C$

R%=B+
R%=B+NN+ R<)*(+H'664*=4<+6%>4+U$4;(,8'*>+><%@4+@48%&$4VT+)@4<@%47+);+(84+%*6(<":4*(+H'*4$+U(84+<%=8(,
8'*>+><%@4+@48%&$4+%6+'+:%<<)<+%:'=4VB
R%=B+
R%=B+QQ+ C%(8+(84+;<)*(+H'664*=4<+>))<+)H4*+U$4;(,8'*>+><%@4+@48%&$4VT+J49+67%(&8+)*+(84+%*6(<":4*(
H'*4$+U(84+<%=8(,8'*>+><%@4+@48%&$4+%6+'+:%<<)<+%:'=4VB

S49+;)<+;%=B+N +'*>+;%=B+Q T

N b)&'(%)*+);+(84+;<)*(+H'664*=4<c6+'%<#'=+%*+(84+%*6(<":4*(+H'*4$+UM+.%<#'=+696(4:L+-46&<%H(%)*V
Q X4*(+UM+K4'(%*=L+'%<+&)*>%(%)*%*=L+&))$%*=L+-46&<%H(%)*V
O 0$)@4+&):H'<(:4*(T
— C%(8+8'*>$4

Z S49+67%(&8+;)<+67%(&8%*=+);;+(84+;<)*(+H'664*=4<d6+;<)*(+'%<#'=+UM+.%<#'=+696(4:L+-46&<%H(%)*V

E2#.%2,'(*#C(C5'=,*1'(5#(./$(/$*C,5#$%
W9:#)$ a4'*%*=

["(()*6+;)<+%*(4<%)<Y<4'>%*=+$%=8(6+UM+D*(4<%)<+$%=8(%*=L+GH4<'(%)*V B

W"*<));+67%(&8+UM+W"*<));L+-46&<%H(%)*V B

["(()*6+;)<+1:4<=4*&9+E'$$+W4<@%&4L+D*;)<:'(%)*+E'$$+'*>+[<4'J>)7*+E'$$
+ +
UM+4E'$$+1:4<=4*&9+W96(4:L+-46&<%H(%)*V B

D*>%&'()<+$%=8(6+;)<+(84+;<)*(+H'664*=4<+;<)*(+'%<#'=+>4'&(%@'(%)*+UM
.%<#'=+696(4:L+-46&<%H(%)*V B

A%58$%(5#32%>*.52#

F1>42,'(5#(./$(5#'.%+>$#.(9,+'.$%

384+7'<*%*=+'*>+%*>%&'()<+$%=8(6+%*>%&'(4+7'<*%*=6L+:'$;"*&(%)*6L+)<+&4<('%*+;"*&(%)*6B+W):4+7'<*%*=
'*>+%*>%&'()<+$%=8(6+("<*+)*+784*+9)"+67%(&8+(84+%=*%(%)*+)*+'*>+:"6(+("<*+);;+784*+(84+4*=%*4+%6
<"**%*=+)<+78%$4+><%@%*=B
D*>%&'()<+$%=8(6+(8'(+("<*+)*+%*+(84+$%=8(+67%(&8+'<4+>46&<%#4>+%*+(84+gb%=8(6h+&8'H(4<+UM+b)7+#4':
84'>$%=8(L+GH4<'(%)*V B

C.2/D/0
R'%$"<4+()+<46H)*>+()+%$$":%*'(4>+7'<*%*=+$%=8(6+'*>+:466'=46+:'9+<46"$(+%*+'+@48%&$4+#<4'J>)7*L
'&&%>4*(6+'*>+64<%)"6+%*A"<%46B
● /4@4<+%=*)<4+7'<*%*=+$%=8(6+'*>+:466'=46B
● W()H+(84+@48%&$4+'6+6))*+'6+%(+%6+6';4+()+>)+6)B

+-)+*)(+&)*(%*"4+><%@%*=i

E4*(<'$+7'<*%*=+$%=8(+M++'*>+4*=%*4+&))$'*( L+M++!<%)<%(9+N+7'<*%*=+:466'=4

R'6(4*+6';4(9+#4$(+M+C'<*%*=+$%=8(

1$4&(<)*%&+H'<J%*=+#<'J4+M++1$4&(<)*%&+H'<J%*=+#<'J4+%6+67%(&84>+)*
+-)+*)(+&)*(%*"4+><%@%*=i

[<'J4+696(4:+:'$;"*&(%)*+M++[<'J4+696(4:+:'$;"*&(%)*

+-)+*)(+&)*(%*"4+()+><%@4i

1$4&(<):4&8'*%&'$+#<'J4+#))6(4<+;'%$4>+M++1$4&(<):4&8'*%&'$+#<'J4+64<@)
;'%$"<4

+-)+*)(+&)*(%*"4+><%@%*=i

[<'J4+;$"%>+$4@4$+())+$)7+M++[<'J4+;$"%>+$4@4$

!<466+(84+#<'J4+H4>'$B+M+[<'J%*=+H<):H(

+-)+*)(+&)*(%*"4+()+><%@4i

1*=%*4+)%$+H<466"<4+())+$)7+M++1*=%*4+)%$+H<466"<4+())+$)7

+-)+*)(+&)*(%*"4+()+><%@4i

1*=%*4+&))$'*(+696(4:+:'$;"*&(%)*+M++'*>+4*=%*4+&))$'*(

+-)+*)(+&)*(%*"4+><%@%*=i

W(44<%*=+:'$;"*&(%)*+M++W(44<%*=+:'$;"*&(%)*

+-)+*)(+&)*(%*"4+><%@%*=i

.$(4<*'()<+:'$;"*&(%)*+M++.$(4<*'()<+:'$;"*&(%)*

Z_+X+@48%&$4+4$4&(<%&'$+696(4:+:'$;"*&(%)*+M++Z_+X+@48%&$4+4$4&(<%&'$+696(4:B
W';4$9+6()H+(84+@48%&$4B+E)*6"$(+(84+a'*"'$B
E)$$%6%)*+7'<*%*=+M+.>@'*&4+7'<*%*=

3'J4+)@4<+(84+6(44<%*=i+M++)<+('J4+)@4<+6(44<%*=B

WE2+696(4:+:'$;"*&(%)*+M++WE2+:'$;"*&(%)*

.>[$"4f+$4@4$+())+$)7+M++.>[$"4f+$4@4$+())+$)7

WE2+696(4:+:'$;"*&(%)*+M++WE2+:'$;"*&(%)*

E4*(<'$+7'<*%*=+$%=8(+M++!<%)<%(9+Q+7'<*%*=+:466'=4

.%<#'=+696(4:+)<+6';4(9+#4$(+H<4(4*6%)*4<+:'$;"*&(%)*+M++.%<#'=+696(4:+)<
6';4(9+#4$(+H<4(4*6%)*4<6+:'$;"*&(%)*

.%<#'=+696(4:+)<+6';4(9+#4$(+H<4(4*6%)*4<+>4'&(%@'(4>+7%(8+>%'=*)6(%&+4I"%H,
:4*(+M++.%<#'=+696(4:+)<+6';4(9+#4$(+H<4(4*6%)*4<6+>4'&(%@'(4>+7%(8+>%'=*)6,
(%&+>4@%&4

R<)*(+H'664*=4<c6+'%<#'=+>%6'#$4>+M++R<)*(+H'664*=4<d6+'%<#'=+>%6'#$4>

R<)*(+H'664*=4<c6+'%<#'=+4*'#$4>+M++R<)*(+H'664*=4<d6+'%<#'=+4*'#$4>

a'$;"*&(%)*+%*+(84+4:4<=4*&9+&'$$+696(4:+M++1:4<=4*&9+E'$$+W4<@%&4+;'"$(9

b%:%(4>+;"*&(%)*+%*+(84+4:4<=4*&9+&'$$+696(4:+M++1:4<=4*&9+E'$$+W4<@%&4
$%:%(4>
a'$;"*&(%)*+%*+(84+4:4<=4*&9+&'$$+696(4:+M++a'$;"*&(%)*+%*+(84+$4='$$9+:'*,
>'(4>+4E'$$+1:4<=4*&9+W96(4:

b%:%(4>+;"*&(%)*+%*+(84+4:4<=4*&9+&'$$+696(4:+M++b%:%(4>+;"*&(%)*+%*+(84+$4='$,
$9+:'*>'(4>+4E'$$+1:4<=4*&9+W96(4:

1$4&(<)*%&+H'<J%*=+#<'J4+:'$;"*&(%)*+M++1$4&(<)*%&+H'<J%*=+#<'J4+:'$;"*&(%)*

E84&J+#<'J4+696(4:+M++[<'J4+H'>+74'<+%*>%&'()<

R$'6846T+1$4&(<)*%&+W('#%$%(9+E)*(<)$+U1WEV+)<+.*(%,6$%H+<4="$'(%)*+U.W2V+%*+)H4<',
(%)*+M++1WE+)<+.W2+%*+)H4<'(%)*

b%=8(6+"HT+1$4&(<)*%&+W('#%$%(9+E)*(<)$+U1WEV+68"(+>)7*+>"4+()+696(4:+<4I"%<4,
:4*(6+M++1WE+67%(&84>+);;+>"4+()+696(4:+<4I"%<4:4*(6

1$4&(<)*%&+W('#%$%?'(%)*+E)*(<)$+U1WEV+67%(&84>+);;+M++1WE+67%(&84>+);;
:'*"'$$9

.*(%,W$%H+24="$'(%)*+U.W2V+67%(&84>+);;+M++.W2+67%(&84>+);;+:'*"'$$9

1WE+WH)<(+67%(&84>+)*+M++1WE+WH)<(+67%(&84>+)*

.*(%,b)&J+[<'J%*=+W96(4:+U.[WV+:'$;"*&(%)*+M++.[W+;'%$"<4+)<+:'$;"*&(%)*

1*=%*4+)%$+$4@4$+())+$)7+M++1*=%*4+)%$+$4@4$+())+$)7

1*=%*4+)%$+696(4:+:'$;"*&(%)*+M++1*=%*4+)%$+696(4:+:'$;"*&(%)*

3'*J+'$:)6(+4:H(9+M++R"4$+('*J+'$:)6(+4:H(9
3<'@4$+.66%6(+:'$;"*&(%)*+M++3<'@4$+.66%6(+%6+*)(+'@'%$'#$4+)<+%6+*)(+;"*&(%)*%*=
'6+45H4&(4>B

C'(4<+%*+>%464$+;"4$+M++C'(4<+%*+>%464$+;"4$

-<%@%*=+$%=8(+;'%$"<4+M++15(4<%)<+$%=8(%*=+:'$;"*&(%)*

24'<+;)=+$%=8(6+67%(&84>+)*+M+W7%(&8%*=+)*+'*>+);;+(84+<4'<+;)=+$%=8(

2'%*Y$%=8(+64*6)<+:'$;"*&(%)*+M++2'%*Y$%=8(+64*6)<+:'$;"*&(%)* L+M++2'%*Y$%=8(
64*6)<+:'$;"*&(%)*

C%*>68%4$>+7%H4<+:'$;"*&(%)*+M++C%*>68%4$>+7%H4<+:'$;"*&(%)*

C'684<+;$"%>+$4@4$+())+$)7+M++C'684<+;$"%>+$4@4$+())+$)7

W(44<%*=+:'$;"*&(%)*+M++W(44<%*=+:'$;"*&(%)*

+-)+*)(+&)*(%*"4+()+><%@4i

3%<4+H<466"<4+$)7+M++3%<4+H<466"<4+$)7

+-)+*)(+&)*(%*"4+()+><%@4i

3%<4+!<466"<4+a)*%()<%*=+W96(4:+;'"$(9+M++3%<4+!<466"<4+a)*%()<%*=+W96(4:
:'$;"*&(%)*

R<)*(+.66%6(+%6+*)(+'@'%$'#$4+M++."()*):)"6+1:4<=4*&9+[<'J%*=+UR<)*(+.66%6(V
*)(+'@'%$'#$4+)<+8'6+$%:%(4>+'@'%$'#%$%(9B
E)$$%6%)*+7'<*%*=+>4'&(%@'(4>+M+W7%(&8%*=+)*+'*>+);;

WH44>+$%:%(4<+*)(+'@'%$'#$4+M++WH44>+$%:%(4<+%6+*)(+'@'%$'#$4B

E<"%64+E)*(<)$+W96(4:+:'$;"*&(%)*+M++E<"%64+E)*(<)$+W96(4:+:'$;"*&(%)*B

.>'H(%@4+&<"%64+&)*(<)$+U.EEV+*)(+'@'%$'#$4+M++.EE+%6+*)(+'@'%$'#$4B

1:4<=4*&9+.66%6(+*)(+'@'%$'#$4+M++1:4<=4*&9+.66%6(+*)(+'@'%$'#$4

b'*4+S44H%*=+W96(4:+Ub'*4+.66%6(V+*)(+'@'%$'#$4+M++b'*4+.66%6(+*)(+'@'%$'#$4

b'*4+.66%6(+%*+&)*(<)$+M+-%6H$'96

W%>4+.66%6(+:'$;"*&(%)*+M++b'*4+&8'*=4+696(4:+:'$;"*&(%)*%*=

1*=%*4+&)*(<)$+:'$;"*&(%)*+M++1*=%*4+&)*(<)$+:'$;"*&(%)*

158'"6(+696(4:+:'$;"*&(%)*+M++158'"6(,<4$'(4>+:'$;"*&(%)*

-%464$+4*=%*4+H<47'<:%*=+M++!<4=$)7+696(4:+)<+4*=%*4+&)*(<)$

!'<(%&"$'(4+;%$(4<+&$)==4>+7%(8+6))(+M++!'<(%&"$'(4+;%$(4<+&$)==4>+7%(8+6))(
1*=%*4+2!a+$%:%(4>+M++1*=%*4+6H44>+$%:%(4>

.>[$"4f+$4@4$+())+$)7+M++)<+WE2+:'$;"*&(%)*

WE2+696(4:+:'$;"*&(%)*+M++)<+WE2+:'$;"*&(%)*

Z_+X+@48%&$4+4$4&(<%&'$+696(4:+:'$;"*&(%)*+M++Z_+X+@48%&$4+4$4&(<%&'$+696(4:B
!$4'64+>)+*)(+:)@4+);;B+E)*6"$(+(84+a'*"'$B

3<'*6:%66%)*+:'$;"*&(%)*+M++E$"(&8+6$%H6 L+M++3<'*6:%66%)*+)@4<84'(%*=

.>'H(%@4+&8'66%6+&)*(<)$+U-EEV+:'$;"*&(%)*+M++.>'H(%@4+&8'66%6+&)*(<)$
:'$;"*&(%)*

3<'%$4<+8%(&8+#'$$+84'>+*)(+64&"<4>+M++3<'%$4<+8%(&8+#'$$+84'>+*)(+64&"<4>

!<466+(84+#<'J4+H4>'$B+M++384+4*=%*4+%6+*)(+6('<(%*=

."(),K)$>,R"*J(%)*+'J(%@+M+."()+K)$>

3"<*+6%=*'$6+M++3"<*+6%=*'$+%*>%&'()<+$%=8(

3<'%$4<+("<*+6%=*'$+M++3<'%$4<+("<*+6%=*'$+%*>%&'()<+$%=8(
E<"%64+&)*(<)$+67%(&84>+)*L+<4="$'(%)*+'&(%@4+M+D*(<)>"&(%)*

WH44>+$%:%(4<+'&(%@4+M+D*(<)>"&(%)*

b'*4+.66%6(+'&(%@4+M+-%6H$'96

E):;)<(+><%@4+3<'@4$+.66%6(+'&(%@4+M+-%6H$'96

.>'H(%@4+E<"%64+E)*(<)$+U.EEV+<4="$'(46L+*)+@48%&$4+><%@%*=+'84'>+%6+>4(4&(4>
M+W('<(%*=+.>'H(%@4+E<"%64+E)*(<)$

.>'H(%@4+E<"%64+E)*(<)$+U.EEV+<4="$'(46L+@48%&$4+><%@%*=+'84'>+%6+>4(4&(4>
M+W('<(%*=+.>'H(%@4+E<"%64+E)*(<)$

K%=8+#4':6+)<+84'>$%=8(+;$'684<+M+W7%(&8%*=+(84+8%=8+#4':+84'>$%=8(6+)*+'*>
);;

G"(6%>4+(4:H4<'("<4+%6+#4$)7+jO`+kR+UjZ+kEV+M+a'%*+>%6H$'96

W('<(YW()H+696(4:+'&(%@4+M+W('<(,6()H+696(4:

W('<(YW()H+696(4:+*)(+'@'%$'#$4+M+W('<(,6()H+696(4:

1&)*):%&'$+><%@%*=+&)*>%(%)*+M+a'%*+>%6H$'96
W4<@%&4+>"4+M+W4<@%&4+%*(4<@'$+>%6H$'9

E):;)<(+><%@4+3<'@4$+.66%6(+%*'&(%@4+M+-%6H$'96

K%=8+#4':+&)*(<)$+'&(%@4+M++W7%(&8%*=+)*+b%=8(+.66%6( L+M++W7%(&8%*=+)*+'>,
@'*&4>+8%=8+#4':+&)*(<)$+U-9*':%&+b%=8(+.66%6(V

3'J4+)@4<+(84+6(44<%*=i+M++)<+('J4+)@4<+6(44<%*=B

."()*):)"6+1:4<=4*&9+[<'J%*=+6('<(6+M++."()*):)"6+1:4<=4*&9+[<'J%*=
UR<)*(+.66%6(V+6('<(6B

-%6('*&4+7'<*%*=+M++-%6('*&4+7'<*%*=

E<"%64+&)*(<)$+67%(&84>+)*+M+D*(<)>"&(%)*

WH44>+$%:%(4<+'&(%@4+M+D*(<)>"&(%)*

.>[$"4f+$4@4$+())+$)7+M++)<+.>[$"4f+$4@4$+$)7

WE2+696(4:+:'$;"*&(%)*+M++)<+WE2+:'$;"*&(%)*

WE2+696(4:+:'$;"*&(%)*+M++)<+WE2+:'$;"*&(%)*

1&)+><%@%*=+:)>4+M+-<%@%*=+:)>4+H<)H4<(%46
E):;)<(+><%@%*=+:)>4+M+-<%@%*=+:)>4+H<)H4<(%46

D*>%@%>"'$+><%@%*=+:)>4+M+-<%@%*=+:)>4+H<)H4<(%46

WH)<(+><%@%*=+:)>4+M+-<%@%*=+:)>4+H<)H4<(%46

W7%(&8+!'<J+.66%6(+)*+'*>+);;+M+!'<J%*=+696(4:+6&<44*+>%6H$'96

W7%(&8%*=+!'<J+.66%6(+)*+'*>+);;+M+!'<J%*=+696(4:+6&<44*+>%6H$'96

a)#%$4+H8)*4+&)**4&(4>+@%'+[$"4())(8f+M+."5%$%'<9+>%6H$'96

a)#%$4+H8)*4+#'((4<9+&8'<=4+$4@4$+M+."5%$%'<9+>%6H$'96

/)(4+'#)"(+%*;)<:'(%)*+%*+(84+)7*4<c6+:'*"'$+M++/)(4+'#)"(+%*;)<:'(%)*+%*
(84+G7*4<d6+a'*"'$

WH44>+'>A"6(:4*(+>"4+()+'+<)"(4+;4'("<4+M+-<%@%*=+7%(8+H<4>%&(%@4+&<"%64
&)*(<)$

WH44>+'>A"6(:4*(+>"4+()+'+6H44>+<46(<%&(%)*+M+-<%@%*=+7%(8+H<4>%&(%@4+&<"%64
&)*(<)$

G#'.%+>$#.(9,+'.$%
G#.%2C+9.52#

.;(4<+6('<(%*=+(84+4*=%*4+784*+(84+NQ,@)$(+@48%&$4+#'((4<9+%6+()('$$9+>%6&8'<=4>+)<+8'6+#44*+<4,
H$'&4>L+696(4:+64((%*=6+U(%:4L+>'(4L+H4<6)*'$+&)*@4*%4*&4+64((%*=6L+'*>+H<)=<'::%*=V+'*>+"64<
H<);%$46+:'9+8'@4+#44*+'>A"6(4>+)<+>4$4(4>B+E84&J+'*>+&)<<4&(+(84+64((%*=6+';(4<+(84+NQ+X+@48%&$4
#'((4<9+%6+6";;%&%4*($9+<4&8'<=4>B

C.2/D/0
-<%@4<+>%6(<'&(%)*+&'*+&'"64+'&&%>4*(6+'*>+%*A"<%46B
● /4@4<+)H4<'(4+(84+%*6(<":4*(+&$"6(4<+78%$4+><%@%*=B
● 3)+<4>"&4+(84+<%6J+);+'&&%>4*(6+'*>+%*A"<9L+)*$9+&8'*=4+64((%*=6+)*+(84+%*6(<":4*(+&$"6(4<
>%6H$'9+%*>%&()<6+'*>+(84+6&<44*+%*>%&'()<6+%*+(84+D*;)('%*:4*(+696(4:+784*+(84+@48%&$4+%6
6('(%)*'<9B

A565.*,(5#'.%+>$#.(9,+'.$%(HA565.*,(E290=5.I

R%=B+
R%=B+NN+ -%=%('$+%*6(<":4*(+&$"6(4<+%*+(84+%*6(<":4*(+H'*4$+U=4*4<'$+45':H$4VB

15H$'*'(%)*6+'#)"(+(84+%*6(<":4*(6T

N W4&)*>'<9+>%6H$'96
W4&)*>'<9+>%6H$'96B
Q !)H,"H6
!)H,"H6B
O a'%*+>%6H$'9+'<4'
a'%*+>%6H$'9+'<4'B
Z W4&)*>'<9+>%6H$'96
W4&)*>'<9+>%6H$'96B
\ -%=%('$+6H44>+>%6H$'9
-%=%('$+6H44>+>%6H$'9B
] E"<<4*($9+4*='=4>+=4'<+)<+64$4&()<+$4@4<+$4@4$
E"<<4*($9+4*='=4>+=4'<+)<+64$4&()<+$4@4<+$4@4$B

384+-%=%('$+E)&JH%(+%6+'+>%=%('$+%*6(<":4*(+&$"6(4<+7%(8+'+8%=8,<46)$"(%)*+3R3+&)$)<+>%6H$'9B+[9
64$4&(%*=+>%;;4<4*(+64&)*>'<9+>%6H$'96L+)(84<+>%6H$'96+&'*+#4+68)7*+%*+'>>%(%)*+()+(84+6('*>'<>
>%'$6L+6"&8+'6+(84+('&8):4(4<+'*>+6H44>):4(4<B+384+(4<:+l>%=%('$+%*6(<":4*(+&$"6(4<l+%6+"64>
;)<+(84+-%=%('$+E)&JH%(+#4$)7B
A5'=,*1'
384+:'%*+>%6H$'9+ O +&'*+#4+&8'*=4>+#9+H<466%*=+(84+ +#"(()*B+384+;)$$)7%*=+@%476+&'*+#4
68)7*+%*+(84+>%6H$'9+'<4'T

W"::'<9
.;(4<+>4'&(%@'(%*=+(84+@48%&$4d6+><%@4+696(4:T+>%6H$'9+7%(8+%*;)<:'(%)*+)*+(84+@48%&$4+6(',
("6L+4B=B+:%$4'=4B
E$'66%&
E$'66%&+>%6H$'9+);+>%'$6B
/'@%='(%)*
/'@%='(%)*+:'H+'*>+<)"(4+="%>'*&4+%*;)<:'(%)*B
-<%@4<+'66%6('*&4+696(4:6
-%6H$'9+);+(84+'&(%@4+><%@4<+'66%6('*&4+696(4:6B
WH4&%'$
-4H4*>%*=+)*+@48%&$4+4I"%H:4*(L+%(+:'9+#4+H)66%#$4+()+>%6H$'9+'$(4<*'(%@4+>%6H$'96+84<4L
4B=B+6H)<(+>%6H$'96B

/'@%='(%)*+%*;)<:'(%)*+)<+6%("'(%)*+<4$'(4>+H)H,"H6+'<4+68)7*+%*+(84+>%6H$'9+'<4'+ Q B

J*856*.52#(>*=(5#(./$(C565.*,(5#'.%+>$#.(9,+'.$%
-4H4*>%*=+)*+(84+@48%&$4+4I"%H:4*(L+(84+>%=%('$+%*6(<":4*(+&$"6(4<+:'9+>%6H$'9+'+>4('%$4>+*'@%,
='(%)*+:'HB+3)+>)+6)L+64$4&(+(84+!"#$%"&$'(
!"#$%"&$'(+>%6H$'9+'<4'+%*+(84+>%=%('$+%*6(<":4*(+&$"6(4<+#9
H<466%*=+(84+ +#"(()*B
384+6%?4+);+(84+*'@%='(%)*+:'H+&'*+#4+'>A"6(4>+&)*(%*")"6$9B+3)+64$4&(+(84+>46%<4>+:'H+6%?4L+H<),
&44>+'6+;)$$)76T
— +!<466+(84+ +)<+ +'<<)7+#"(()*6+)*+(84+:"$(%,;"*&(%)*+6(44<%*=+7844$+()+?)):+%*+)<+)"(B
— +!<466+'*>+8)$>+(84+ +#"(()*+)*+(84+:"$(%,;"*&(%)*+6(44<%*=+7844$+()+68)7+)<+8%>4+(84+64&,
)*>'<9+>%6H$'96B

F$92#C*%1(C5'=,*1'
384+64&)*>'<9+>%6H$'96+ N +'*>+ Z +&'*+#4+&)*;%="<4>+)<+8%>>4*+%*>4H4*>4*($9+);+4'&8+)(84<B
X'<%)"6+><%@%*=+>'('L+*'@%='(%)*+%*;)<:'(%)*+)<+%*;)<:'(%)*+'#)"(+'">%)+H$'9#'&J+)<+&4$$+H8)*4
%*(4<;'&46+&'*+#4+68)7*+)*+(84+64&)*>'<9+>%6H$'96B+3)+64$4&(+(84+64&)*>'<9+>%6H$'96L+H<)&44>+'6
;)$$)76T
— W4$4&(+(84+<%=8(+)<+$4;(+64&)*>'<9+>%6H$'9+'<4'+"6%*=+(84+ +)<+ +#"(()*6B
— W4$4&(+(84+<4I"%<4>+64&)*>'<9+>%6H$'9+"6%*=+(84+ +)<+ +'<<)7+#"(()*6B
— E)*;%<:+9)"<+64$4&(%)*+"6%*=+(84+ B

K*9/2>$.$%
K*9/2>$.$%
384+6('<(+);+(84+<4>+'<4'+)*+(84+('&8):4(4<+%*>%&'(46+(84+:'5%:":+H4<:%66%#$4+4*=%*4+6H44>+;)<
'$$+=4'<6+784*+(84+4*=%*4+%6+<"*+%*+'*>+'(+)H4<'(%*=+(4:H4<'("<4B
[4;)<4+<4'&8%*=+(84+<4>+'<4'L+68%;(+()+(84+*45(+8%=846(+=4'<L+64$4&(+(84+64$4&()<+$4@4<+H)6%(%)*+-YW
-YW
)<+('J4+9)"<+;))(+);;+(84+'&&4$4<'()<+H4>'$B

/G3DE1
● .@)%>+8%=8+4*=%*4+6H44>6L+;"$$+'&&4$4<'(%)*L+'*>+84'@9+4*=%*4+$)'>6+784*+(84+4*=%*4+%6+&)$>B
● 3)+H<4@4*(+4*=%*4+>':'=4L+(84+('&8):4(4<+%*>%&'()<+:'9+)*$9+#4+%*+(84+<4>+'<4'+);+(84+6&'$4
#<%4;$9B

W8%;(%*=+"H+4'<$9+84$H6+6'@4+;"4$+'*>+<4>"&4+)H4<'(%*=+*)%646B

?+$,(6*+6$

R%=B+
R%=B+NN+ R"4$+='"=4+)*+>%=%('$+%*6(<":4*(+&$"6(4<B

(?+$,(.*#0(*,>2'.($>=.1
384+94$$)7+%*>%&'()<+$%=8(+("<*6+)*B+384+<464<@4+<'*=4+U<4>+:'<J%*=V+%6+#4%*=+&)*6":4>+M+R"4$
='"=4 B
— 24;"4$+'(+(84+*45(+)HH)<("*%(9B

C84*+(84+%*>%&'()<+$%=8(+ +&):46+)*L+(84+'"5%$%'<9+84'(4<+'*>+(84+;"4$,)H4<'(4>+6"HH$4:4*('<9
84'(4<+67%(&8+);;+'"():'(%&'$$9B

(-*.$%(5#(C5$'$,(3+$,
384+94$$)7+%*>%&'()<+$%=8(+("<*6+)*B
— W7%(&8+);;+(84+4*=%*4+'*>+&)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*
W4<@%&4+R'&%$%(9+;)<+'66%6('*&4B
C.2/D/0
-<%@%*=+7%(8+$)7+;"4$+$4@4$+(8'(+%6+())+$)7+&'*+$4'>+()+'+@48%&$4+#<4'J>)7*+%*+(<';;%&L+'&&%>4*(6L
'*>+64<%)"6+%*A"<%46B
● D;+(84+;"4$+$4@4$+%6+())+$)7L+(8%6+&'*+<46"$(+%*+%<<4="$'<+;"4$+6"HH$9+()+(84+4*=%*4L+H'<(%&"$'<$9
784*+=)%*=+"H8%$$+)<+>)7*8%$$B
● 384+6(44<%*=L+'$$+><%@4<+'66%6('*&4+696(4:6+'*>+#<'J4+6"HH)<(+696(4:6+7%$$+*)(+7)<J+%;+(84
4*=%*4+%6+g6H"((4<%*=h+)<+&"(6+)"(+>"4+()+;"4$+68)<('=4+)<+%<<4="$'<+;"4$+6"HH$9B
● .$7'96+<4;"4$+784*+(84+('*J+%6+)*$9+NYZ+;"$$+()+H<4@4*(+'+#<4'J>)7*+>"4+()+;"4$+68)<('=4B

/G3DE1
/4@4<+<"*+(84+('*J+&):H$4(4$9+4:H(9B+D<<4="$'<+;"4$+6"HH$9+&'*+<46"$(+%*+:%6;%<%*=+'*>+"*#"<*(
;"4$+4*(4<%*=+(84+458'"6(+696(4:B

384+6:'$$+'<<)7+*45(+()+(84+;"4$+H":H+69:#)$+)*+(84+;"4$+='"=4+%*>%&'(46+78%&8+6%>4+);
(84+@48%&$4+(84+;"4$+;%$$4<+;$'H+%6+)*B

;#65#$(922,*#.(.$>=$%*.+%$(6*+6$

384+4*=%*4+&))$'*(+(4:H4<'("<4+&'*+#4+>%6H$'94>+%*+(84+'"5%$%'<9+>%6H$'96+%*+(84+%*6(<":4*(
&$"6(4<B

(*#C( ($#65#$(922,*#.
384+<4>+&4*(<'$+7'<*%*=+$%=8(+("<*6+)*B+.+:466'=4+'$6)+'HH4'<6+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9B
384+4*=%*4+&))$'*(+$4@4$+%6+%*&)<<4&(+)<+(84+4*=%*4+&))$'*(+696(4:+%6+:'$;"*&(%)*%*=B
-)+*)(+&)*(%*"4+><%@%*=B
— W()H+(84+@48%&$4L+6()H+(84+4*=%*4L+'*>+$4(+%(+&))$+>)7*B
— E84&J+(84+4*=%*4+&))$'*(+$4@4$+UM+1*=%*4+&))$'*(L+24;%$$%*=V B
— D;+(84+7'<*%*=+$%=8(+>)46+*)(+("<*+);;+4@4*+%;+(84+4*=%*4+&))$'*(+$4@4$+%6+&)<<4&(L+&)*('&(+'*+'",
(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B

L$*CM+=(C5'=,*1
R%=B+
R%=B+NN+ D*+(84+@%6"'$+<'*=4+);+><%@4<6T+6':H$4+>%6H$'96+)*+(84+84'>,"H+>%6H$'9

384+84'>,"H+>%6H$'9+H<)A4&(6+64$4&(4>+%*;)<:'(%)*+>%6H$'96+)<+7'<*%*=+:466'=46+;<):+'66%6(
696(4:6+)<+;<):+(84+D*;)('%*:4*(+696(4:+%*+(84+@%6"'$+<'*=4+);+><%@4<6B

F"5.9/5#6(./$(/$*CM+=(C5'=,*1(2#(*#C(233
384+84'>,"H+>%6H$'9+M+;%=B+N +&'*+#4+67%(&84>+)*+'*>+);;+%*+(84+@48%&$4+64((%*=6+%*+(84+D*;)('%*,
:4*(+696(4:B

L$56/.(*CN+'.>$#.
3)+%*>%@%>"'$$9+'>'H(+(84+'*=$4+);+@%47L+(84+84'>,"H+>%6H$'9+&'*+#4+64(+%*+(84+&)<<46H)*>%*=
:4*"+)*+(84+%*6(<":4*(+&$"6(4<+)<+%*+(84+D*;)('%*:4*(+696(4:+@48%&$4+64((%*=6B
— W4((%*=+(84+)H(%:'$+64'(+H)6%(%)*B
— 384+>46%<4>+H)6%(%)*+'*>+%*&$%*'(%)*+);+(84+84'>,"H+>%6H$'9+&'*+#4+'>A"6(4>+"6%*=+(84+;"*&(%)*
J496+)<+(84+#"(()*6+)*+(84+:"$(%,;"*&(%)*+6(44<%*=+7844$B
— 384+<)('(%)*+&'*+'$6)+#4+'>A"6(4>+%*+(84+@48%&$4+64((%*=6+);+(84+D*;)('%*:4*(+696(4:B

F$..5#6'(5#(./$(G#32.*5#>$#.('1'.$>
.>>%(%)*'$+64((%*=6+;)<+(84+84'>,"H+>%6H$'9+&'*+#4+'>A"6(4>+%*+(84+@48%&$4+64((%*=6+%*+(84+D*;)('%*,
:4*(+696(4:B
384+;)$$)7%*=+64((%*=+)H(%)*6+'<4+'@'%$'#$4T
D*+(84+)$*+,"-
)$*+,"-+6"#:4*"T
— W4((%*=+(84+>%6H$'9+#<%=8(*466+'*>+(84+&)$)<+6&84:4+);+(84+84'>,"H+>%6H$'9B+384+#<%=8(*466+);
(84+>%6H$'9+<4>"&46+'"():'(%&'$$9+'6+(84+':#%4*(+#<%=8(*466+>4&<4'646B+384+#'6%&+#<%=8(*466+%6
64(+()=4(84<+7%(8+(84+%*6(<":4*(+%$$":%*'(%)*+UM+D*6(<":4*(+'*>+67%(&8+%$$":%*'(%)*L+GH4<',
(%)*V B

D*+(84+.'(&/(&*
.'(&/(&*+6"#:4*"T
— W4$4&(%)*+);+(84+>%6H$'9+&)*(4*(6+;)<+(84+84'>,"H+>%6H$'9L+4B=B+><%@4<+'66%6(+696(4:+)<+D*;)('%*,
:4*(+696(4:+>%6H$'96B+W):4+>%6H$'9+&)*(4*(6+&'**)(+#4+8%>>4*L+6"&8+'6+7'<*%*=+:466'=46B

.*+'$(4<*'(%@4+&)$)<+6&84:4+&'*+#4+64$4&(4>+%*+(84+@48%&$4+64((%*=6+%*+(84+D*;)('%*:4*(+696(4:
;)<+(84+84'>,"H+>%6H$'9+;)<+H))<+74'(84<+&)*>%(%)*6+U4B=B+6*)7;'$$VB

/G3DE1
3)+'@)%>+6&<'(&8%*=+(84+=$'66+&)@4<L+*4@4<+H$'&4+)#A4&(6+%*+(84+)H4*%*=+);+(84+84'>,"H+>%6H$'9B

/G3DE1
E$4'*+(84+84'>,"H+>%6H$'9+)*$9+"6%*=+'+:%$>+&$4'*%*=+'=4*(+'*>+'+6);(L+&$4'*+&$)(8B

/G3DE1
D;+(84+84'>,"H+>%6H$'9+%6+84'(4>+"H+#9+6(<)*=+6"*$%=8(L+(84+696(4:+&)"$>+67%(&8+);;+'"():'(%&'$,
$9B+384+84'>,"H+>%6H$'9+67%(&846+#'&J+)*+'"():'(%&'$$9+'6+6))*+'6+%(+8'6+&))$4>+>)7*+4*)"=8B

W"*=$'6646+7%(8+H)$'<%?'(%)*+;%$(4<6+&'*+*4='(%@4$9+%*;$"4*&4+(84+>%6H$'9B

24;$4&(%)*6+'<4+H)66%#$4+>"4+()+"*;'@)<'#$4+6"*$%=8(B

384+)H(%:'$+<4'>'#%$%(9+);+(84+84'>,"H+>%6H$'9+>4H4*>6+)*+(84+H)6%(%)*+);+(84+64'(+'*>
(84+84%=8(+'>A"6(:4*(+);+(84+84'>,"H+>%6H$'9B

W):4+64((%*=6+&'*+#4+6'@4>+%*+(84+H4<6)*'$%?'(%)*+"64<+H<);%$46+6)+(8'(+(849+&8'*=4+)@4<
'"():'(%&'$$9+784*4@4<+(84+"64<+H<);%$4+%6+&8'*=4>+UM+-<%@4<+H4<6)*'$%?'(%)*L+-46&<%H,
(%)*V B

)*5#(C5'=,*1'

O2''54,$(C5'=,*1'(5#(./$(>*5#(C5'=,*1(*%$*(23(./$(C565.*,(5#'.%+M
>$#.(9,+'.$%
-4H4*>%*=+)*+(84+@48%&$4+4I"%H:4*(L+>%;;4<4*(+%*;)<:'(%)*+:'9+#4+68)7*+%*+(84+:'%*+>%6H$'9+);
(84+>%=%('$+%*6(<":4*(+&$"6(4<+UM+-46&<%H(%)*L+-%=%('$+%*6(<":4*(+&$"6(4<+U.D-VV T
— GH4*+>))<6L+8))>L+'*>+(<"*J+$%>B
— C'<*%*=+'*>+%*;)<:'(%)*+(45(6
— 2'*=4
— 3%:4+'*>+>'(4+UM+E$)&JL+W4((%*=6V B
— 2'>%)+'*>+*'@%='(%)*+%*;)<:'(%)*B
— G"(6%>4+(4:H4<'("<4
— W4$4&()<+$4@4<+H)6%(%)*
— 04'<+<4&)::4*>'(%)*+UM+04'<+<4&)::4*>'(%)*L+G@4<@%47V B
— W4<@%&4+%*(4<@'$+>%6H$'9+UM+W4<@%&4+%*(4<@'$+>%6H$'9L+-46&<%H(%)*V B
— WH44>+7'<*%*=+;)<+7%*(4<+(%<46
— W('("6+>%6H$'9+;)<+(84+6('<(,6()H+696(4:+UM+W('<(,6()H+696(4:L+-46&<%H(%)*V B
— -4(4&(4>+<)'>+6%=*+;<):+(84+(<';;%&+6%=*+<4&)=*%(%)*+UM+-9*':%&+2)'>+W%=*+-%6H$'9L+-46&<%H,
(%)*V B
— -4H4*>%*=+)*+(84+@48%&$4+4I"%H:4*(T+.&(%@4+E9$%*>4<+a'*'=4:4*(+U.E3fV+6('("6+%*>%&'()<+UM
1&)+(%H6L+D*(<)>"&(%)*Y=4*4<'$+%*;)<:'(%)*V B
— R"4$,4;;%&%4*(+><%@%*=+ B
— 1*=%*4+&)>4
— -<%@4<+'66%6('*&4+696(4:6+>%6H$'9
— -<%@4<+H4<6)*'$%?'(%)*T+=<44(%*=+UM+-<%@4<+H4<6)*'$%?'(%)*L+-46&<%H(%)*V B

!=$#(C22%'P(/22CP(*#C(.%+#0(,5C
D;+(84+>))<6+'*>Y)<+(84+4*=%*4+&):H'<(:4*(+)<+(<"*J+$%>+'<4+)H4*+';(4<+"*$)&J%*=+(84+@48%&$4+'*>
78%$4+><%@%*=L+(8%6+7%$$+#4+%*>%&'(4>+'*>+:'9+'$6)+#4+%*>%&'(4>+'">%#$9B

F$,$9.2%(,$8$%(=2'5.52#
384+64$4&()<+$4@4<+H)6%(%)*+(8'(+%6+4*='=4>+'*>+(84+=4'<+(8'(+%6+4*='=4>L+>4H4*>%*=+)*+(84+64$4&,
()<+$4@4<+H)6%(%)*L+%6+68)7*+)*+(84+6%>4+);+(84+64$4&()<+$4@4<+'*>+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9B

!+.'5C$(.$>=$%*.+%$(C5'=,*1
D;+(84+)"(6%>4+(4:H4<'("<4+%6+&)$>4<+(8'*+jZ+kE+UjO`+kRVL+(84+69:#)$+ +'$6)+'HH4'<6+)*+(84+)"(,
6%>4+(4:H4<'("<4+>%6H$'9B+38%6+69:#)$+<4:'%*6+)*+"*(%$+(84+)"(6%>4+(4:H4<'("<4+<%646+'#)@4
jZO+kR+Uj]+kEVB
D*+(84+;)$$)7%*=+6%("'(%)*6L+(84+(4:H4<'("<4+>%6H$'94>+:'9+#4+8%=84<+(8'*+(84+'&("'$+)"(6%>4
(4:H4<'("<4+>"4+()+84'(+<'>%'(%*=+;<):+(84+4*=%*4T
— C84*+(84+@48%&$4+%6+6('(%)*'<9
— C84*+'"5%$%'<9+84'(%*=+%6+)*
— C84*+(84+><%@%*=+6H44>+%6+@4<9+$)7

384+:4'6"<4:4*(+<'*=4+%6+;<):+,Z`+kR+U,Z\+kEV+()+jN]`+kR+Uj^]+kEV

C.2/D/0
W(<44(6+'*>+#<%>=46+:'9+#4+%&9+784*+)"(6%>4+(4:H4<'("<46+'<4+'#)@4+(84+;<44?%*=+H)%*(B
● 384+ +69:#)$+%*>%&'(46+'+H)66%#$4+<%6J+);+#$'&J+%&4B
● [$'&J+%&4+:'9+'$6)+#4+H<464*(+784*+)"(6%>4+(4:H4<'("<46+'<4+'#)@4+jO`+kR+UjZ+kEV+784*+(84
+69:#)$+%6+*)(+>%6H$'94>B
● /4@4<+<4$9+6)$4$9+)*+(84+)"(6%>4+(4:H4<'("<4+>%6H$'9B

Q$*%(%$92>>$#C*.52#
.+<4&)::4*>'(%)*+()+64$4&(+'+;"4$,6'@%*=+=4'<+:'9+#4+>%6H$'94>+78%$4+><%@%*=+UM+04'<+<4&):,
:4*>'(%)*L+G@4<@%47V B
F=$$C("*%#5#6(32%("5#.$%(.5%$'
D;+(84+64(+:'5%:":+6H44>+%6+45&44>4>L+(8%6+%6+%*>%&'(4>+UM+a4*"6+'*>+%*;)<:'(%)*+>%6H$'96L
G@4<@%47V B
W4((%*=6+;)<+(84+6H44>+7'<*%*=+696(4:+&'*+#4+'>A"6(4>+%*+(84+@48%&$4+64((%*=6+%*+(84+D*;)('%*,
:4*(+696(4:+UM+X48%&$4+64((%*=6+:4*"L+GH4<'(%)*V B

;92#2>59*,(C%585#6(92#C5.52#(
D;+(84+@48%&$4+%6+><%@%*=+%*+'+;"4$,4;;%&%4*(+:'**4<L+(8%6+7%$$+#4+%*>%&'(4>+78%$4+><%@%*=+ B

;#65#$(92C$
— GH4*+(84+64<@%&4+:4*"+UM+W4<@%&4+:4*"L+GH4<'(%)*V B
— +W4$4&(+(84+0(%$(/12'3/
0(%$(/12'3/+:4*"+%(4:B

384<4+'<4+>%;;4<4*(+%*6(<":4*(+&$"6(4<6m+(84<4;)<4+(84+@4<6%)*6+'*>+'HH4'<'*&46+);+(84
>%6H$'96+:'9+@'<9B+a'$;"*&(%)*6+7%$$+)*$9+#4+%*>%&'(4>+#9+%*>%&'()<+$%=8(6+%;+(84+>%6H$'9
>)46+*)(+8'@4+7'<*%*=+)<+%*;)<:'(%)*+(45(6B

W):4+%*>%&'()<6+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9+&'*+#4+8%>>4*+>"4+()+4@4*(6+(8'(+)&&"<
6">>4*$9L+;)<+45':H$4+%;+(84<4+%6+'*+%*&):%*=+H8)*4+&'$$B

-4H4*>%*=+)*+(84+4I"%H:4*(L+6):4+64((%*=6+'*>+>%6H$'96+:'9+'$6)+'HH4'<+%*+(84+D*;),
('%*:4*(+696(4:B

D;+(84<4+'<4+:"$(%H$4+7'<*%*=+:466'=46L+(84+69:#)$6+7%$$+'HH4'<+&)*64&"(%@4$9+;)<+64@4<'$
64&)*>6B+384+69:#)$6+7%$$+'HH4'<+"*(%$+(84+:'$;"*&(%)*+%6+&)<<4&(4>B

D;+7'<*%*=+:466'=46+'#)"(+:'$;"*&(%)*6+'HH4'<+784*+(84+%=*%(%)*+%6+67%(&84>+)*L+64(,
(%*=6+)<+%*;)<:'(%)*+>%6H$'96+:'9+*)(+'HH4'<+'6+>46&<%#4>B+D;+(8%6+%6+(84+&'64L+8'@4+:'$,
;"*&(%)*6+&)<<4&(4>+#9+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<,
@%&4+R'&%$%(9B

:+<5,5*%1(C5'=,*1'

O2''54,$(*+<5,5*%1(C5'=,*1'(5#(./$(C565.*,(G#'.%+>$#.(9,+'.$%
D*+(84+'"5%$%'<9+>%6H$'9+'<4'+UM+-46&<%H(%)*L+-%=%('$+%*6(<":4*(+&$"6(4<+U.D-VV L+>4H4*>%*=+)*+(84
6&)H4+);+(84+@48%&$4+4I"%H:4*(L+'>>%(%)*'$+>%6H$'96+&'*+#4+&)*;%="<4>+'*>+>%6H$'94>T
— -<%@%*=+>'('+:4*"L+4B=B+&"<<4*(+;"4$+&)*6":H(%)*L+'@4<'=4+;"4$+&)*6":H(%)*L+><%@%*=+(%:4Y>%6,
('*&4+><%@4*+'*>+'@4<'=4+6H44>B
— GH4<'(%*=+(4:H4<'("<46B
— 3%:4+'*>+>'(4+UM+E$)&JL+W4((%*=6V B
— 34$4H8)*4B
— .">%)B
— E):H'66+>%6H$'9
— -46(%*'(%)*+%*;)<:'(%)*B
— /'@%='(%)*+%*;)<:'(%)*B

A%585#6(C*.*(>$#+'
a"$(%H$4+><%@%*=+>'('+>%6H$'96+'<4+'@'%$'#$4+%*+(84+'"5%$%'<9+>%6H$'9+'<4'+UM+-46&<%H(%)*L+-%=%('$+%*,
6(<":4*(+&$"6(4<+U.D-VV B

@$'$.(C%585#6(C*.*(>$#+'
— +!<466+(84+ +)<+ +#"(()*B
— W4$4&(+(84+&)<<46H)*>%*=+'"5%$%'<9+>%6H$'9+%*+(84+&)*;%="<'(%)*+:4*"+"6%*=+(84+ +)<+ +'<<)7
#"(()*6B
.*+'<<)7+ +)<+ +#48%*>+(84+4*(<9+%*+(84+&)*;%="<'(%)*+:4*"+%*>%&'(46+'+6"#:4*"B
— D*+(84+6"#:4*"L+64$4&(+4/*/&13"&"
4/*/&13"&"+'*>+&)*;%<:+#9+H<466%*=+(84+ +#"(()*B

D;+(84+(<%H+%6+%*(4<<"H(4>+;)<+:)<4+(8'*+(7)+8)"<6L+(84+gR<):+6('<(h+:4:)<9+%6+<464(B+384
gR<):+<4;"4$%*=h+:4:)<9+%6+<464(+';(4<+<4;"4$%*=B+384+gb)*=,(4<:h+:4:)<9+%6+*)(+'"(),
:'(%&'$$9+<464(B

384+:4:)<9+&)$$4&(6+(84+><%@%*=+>'('+"H+()+N`+8)"<6+'*>+\`+:%*"(46+)<+``+8)"<6+'*>+\`
:%*"(46+><%@%*=+(%:4+)<+N```B`+J:+)<+````B`+J:+>%6('*&4B+D;+)*4+);+(8464+:'5%:":
(8<468)$>6+%6+:4(L+(84+:4:)<9+%6+4<'64>B+384+:'5%:":+(8<468)$>6+:'9+@'<9+>4H4*>%*=
)*+(84+@4<6%)*+);+(84+%*6(<":4*(+&$"6(4<B

!=$%*.5#6(.$>=$%*.+%$'
-4H4*>%*=+)*+(84+@48%&$4+4I"%H:4*(L+(84+;)$$)7%*=+)H4<'(%*=+(4:H4<'("<46+'<4+68)7*+%*+(84
5+/6"&$(%1&/7+/6"&86/*
5+/6"&$(%1&/7+/6"&86/*+'"5%$%'<9+>%6H$'9T
— 1*=%*4+)%$
— 1*=%*4+&))$'*(B
— 3<'*6:%66%)*B

O/2#$
D;+(84+9:'(/
9:'(/+'"5%$%'<9+>%6H$'9+%6+'&(%@'(4+'*>+'+&4$$+H8)*4+%6+&)**4&(4>+@%'+[$"4())(8fL+(84+[$"4,
())(8f+69:#)$+ +7%$$+#4+>%6H$'94>+%*+(84+>%=%('$+%*6(<":4*(+&$"6(4<+>%6H$'9B
384+ +69:#)$+'$6)+%*>%&'(46+(84+&8'<=4+$4@4$+);+(84+:)#%$4+>4@%&4B
.*+'<<)7+ +)<+ +#48%*>+(84+4*(<9+%*+(84+&)*;%="<'(%)*+:4*"+%*>%&'(46+'+6"#:4*"B
D*+(84+6"#:4*"L+'+$%6(+);+(84+:)6(+<4&4*(+H8)*4+&'$$6+%6+68)7*+'*>+9)"+8'@4+(84+)H(%)*+()+&'$$+(84
>%6H$'94>+&)*('&(6+#'&JB

E2>=*''(C5'=,*1
D;+(84+.'7+"**
.'7+"**+'"5%$%'<9+>%6H$'9+%6+'&(%@'(4>L+(84+>%<4&(%)*+%*+78%&8+9)"+'<4+&"<<4*($9+><%@%*=+%6
68)7*+U#$"4+'<<)7V+"6%*=+'+>4H%&(%)*+);+9)"<+@48%&$4+'*>+'+&):H'66B

A$'.5#*.52#(5#32%>*.52#
C84*+<)"(4+="%>'*&4+%6+'&(%@'(4>L+(84+)/*&$("&$'(1$(;'67"&$'(
)/*&$("&$'(1$(;'67"&$'(+'"5%$%'<9+>%6H$'9+68)76+(84
H<4>%&(4>+A)"<*49+(%:4+'*>+>%6('*&4+;<):+(84+>46(%*'(%)*+%*+J:B

J*856*.52#(5#32%>*.52#
C84*+<)"(4+="%>'*&4+%6+'&(%@'(4>L+(84+!"#$%"&$'(1$(*&682&$'(
!"#$%"&$'(1$(*&682&$'(+'"5%$%'<9+>%6H$'9+68)76+(84+>%,
<4&(%)*+);+(<'@4$+'6+'*+'<<)7B
.*+'<<)7+ +)<+ +#48%*>+(84+4*(<9+%*+(84+&)*;%="<'(%)*+:4*"+%*>%&'(46+'+6"#:4*"B
384+6"#:4*"+$%6(6+9)"<+8):4+'>><466+'*>+'+$%6(+);+9)"<+:)6(+<4&4*(+>46(%*'(%)*6B+2)"(4+="%>'*&4
&'*+#4+6('<(4>+84<4+#9+H<466%*=+(84+ +#"(()*B

W):4+64((%*=6+&'*+#4+6'@4>+%*+(84+><%@4<+H4<6)*'$%?'(%)*+"64<+H<);%$46+'*>+&'*+(84*+#4
&8'*=4>+'"():'(%&'$$9+784*+(84+"64<+H<);%$4+%6+67%(&84>+UM+-<%@4<+H4<6)*'$%?'(%)*L+-4,
6&<%H(%)*V B

-*%#5#6(*#C(5#32%>*.52#(.$<.'

384+6('("6+);+6):4+;"*&(%)*6+%*6%>4+(84+@48%&$4+'*>+@48%&$4+&):H)*4*(6+'<4+&84&J4>+784*+(84
%=*%(%)*+%6+67%(&84>+)*+)<+78%$4+><%@%*=B+a'$;"*&(%)*6+'<4+%*>%&'(4>+#9+<4>+'*>+94$$)7+7'<*%*=
69:#)$6+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9+'*>+:'9+'$6)+#4+6%=*'$4>+'">%#$9+%*+6):4+&'646B+384
'HH4'<'*&4+);+(45(6+'*>+69:#)$6+:'9+@'<9+>4H4*>%*=+)*+(84+%*6(<":4*(+&$"6(4<+@4<6%)*B
.*9+:'$;"*&(%)*6+&"<<4*($9+)&&"<<%*=+&'*+'$6)+#4+:'*"'$$9+&'$$4>+"HB+3)+>)+(8%6L+)H4*+(84+</:$=
</:$=
2,/1*&"&8* </:$2,/+:4*"+UM+a4*"6+'*>+%*;)<:'(%)*+>%6H$'96L+G@4<@%47V B
2,/1*&"&8*+)<+</:$2,/

(O%52%5.1(R("*%#5#6(>$''*6$
384+<4>+&4*(<'$+7'<*%*=+$%=8(+;$'6846+)<+&):46+)*L+%*+6):4+&'646+()=4(84<+7%(8+7'<*%*=+()*46+)<
'>>%(%)*'$+69:#)$6B+ +-)+*)(+&)*(%*"4+><%@%*=i
-)+*)(+&)*(%*"4+><%@%*=i+384<4+%6+'+8'?'<>B+E84&J+(84+:'$;"*&(%)*+'*>
&)<<4&(+%(B+D;+*4&466'<9L+&)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<,
@%&4+R'&%$%(9+;)<+'66%6('*&4B

(O%52%5.1(S("*%#5#6(>$''*6$
384+94$$)7+&4*(<'$+7'<*%*=+$%=8(+;$'6846+)<+&):46+)*L+%*+6):4+&'646+()=4(84<+7%(8+7'<*%*=+()*46
)<+'>>%(%)*'$+69:#)$6B+a'$;"*&(%)*6+)<+%*6";;%&%4*(+)H4<'(%*=+;$"%>6+&'*+&'"64+@48%&$4+>':'=4+'*>
@48%&$4+:'$;"*&(%)*6B+E84&J+(84+:'$;"*&(%)*+'6+6))*+'6+H)66%#$4B+D;+*4&466'<9L+&)*('&(+'*+'"(8),
<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+;)<+'66%6('*&4B

(J2.$(*42+.(5#32%>*.52#(5#(./$(!"#$%&'()*#+*,
n)"+&'*+;%*>+:)<4+%*;)<:'(%)*+'#)"(+(84+45%6(%*=+7'<*%*=+:466'=4+%*+(84+G7*4<d6+a'*"'$B
G#32%>*.52#*,(.$<.
D*;)<:'(%)*+'#)"(+@'<%)"6+H<)&46646+%*+(84+@48%&$4B

D;+(84<4+'<4+:"$(%H$4+7'<*%*=+:466'=46L+(84+69:#)$6+7%$$+'HH4'<+&)*64&"(%@4$9+;)<+64@4<'$
64&)*>6B+384+69:#)$6+7%$$+'HH4'<+"*(%$+(84+:'$;"*&(%)*+%6+&)<<4&(4>B

D;+7'<*%*=+:466'=46+'#)"(+:'$;"*&(%)*6+'HH4'<+784*+(84+%=*%(%)*+%6+67%(&84>+)*L+64(,
(%*=6+)<+%*;)<:'(%)*+>%6H$'96+:'9+*)(+'HH4'<+'6+>46&<%#4>B+D;+(8%6+%6+(84+&'64L+8'@4+:'$,
;"*&(%)*6+&)<<4&(4>+#9+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<,
@%&4+R'&%$%(9B

A%58$%(:,$%.(F1'.$>(H4%$*0(%$92>>$#C*.52#I

R%=B+
R%=B+NN+ -<%@4<+.$4<(+W96(4:+69:#)$+)*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9B

384+-<%@4<+.$4<(+W96(4:+(4$$6+9)"+%;+9)"<+><%@%*=+#48'@%)<+6"==46(6+(8'(+9)"+'<4+(%<4>B

L2"(5.("2%0'(*#C(/2"(.2(+'$(5.
.(+(84+#4=%**%*=+);+9)"<+A)"<*49L+(84+-<%@4<+.$4<(+W96(4:+)#64<@46+9)"<+><%@%*=+#48'@%)<+'*>+"646
(8%6+)#64<@'(%)*+()+'66466+8)7+(%<4>+9)"+'<4B+D(+&)*(%*"'$$9+&):H'<46+%(6+%*%(%'$+'66466:4*(+7%(8
9)"<+&"<<4*(+><%@%*=+#48'@%)<B+D;+(84+696(4:+>4(4&(6+(8'(+9)"+'<4+(%<4>L+%(+%66"46+'*+'">%#$4+7'<*,
%*=L+'6+74$$+'6+@%6"'$$9+'$4<(%*=+9)"+#9+>%6H$'9%*=+'+69:#)$+'*>+'&&):H'*9%*=+:466'=4+)*+(84+%*,
6(<":4*(+&$"6(4<+>%6H$'9+M+;%=B+N B+384+:466'=4+7%$$+<4:'%*+)*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9+;)<
'HH<)5%:'(4$9+\+64&)*>6L+'*>+7%$$+#4+<4H4'(4>+)*&4+%;+*4&466'<9B+384+696(4:+6'@46+(84+:466'=4
(8'(+7'6+:)6(+<4&4*($9+%66"4>B
384+:466'=4+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9+&'*+#4+68"(+>)7*+'6+;)$$)76T
— !<466+(84+ +#"(()*+)*+(84+:"$(%,;"*&(%)*+6(44<%*=+7844$B

-/$#(5'(5.(*9.58$T
n)"<+><%@%*=+#48'@%)<+7%$$+)*$9+#4+4@'$"'(4>+784*+9)"+'<4+(<'@4$%*=+'(+6H44>6+);+:)<4+(8'*+'H,
H<)5%:'(4$9+]P+J:Y8+UO^+:H8VL+"H+()+'HH<)5%:'(4$9+QPP+J:Y8+UNQ\+:H8VB

F"5.9/5#6(2#(*#C(233
384+-<%@4<+.$4<(+W96(4:+%6+'$7'96+'&(%@4+784*+(84+@48%&$4d6+><%@4+696(4:+%6+'&(%@'(4>B+n)"+&'*+>4,
)6$#/1"**$*&+:4*"+%*+(84+D*;)('%*:4*(+696(4:+UM+X48%&$4
'&(%@'(4+(84+-<%@4<+.$4<(+W96(4:+%*+(84+)6$#/1"**$*&
64((%*=6+:4*"L+GH4<'(%)*V B

?+#9.52#*,(,5>5.*.52#'
384+-<%@4<+.$4<(+W96(4:+8'6+&4<('%*+$%:%('(%)*6B+384+;)$$)7%*=+&)*>%(%)*6+:'9+$%:%(+(84+4;;4&(%@4,
*466+);+(84+-<%@4<+.$4<(+W96(4:+)<+H<4@4*(+%(+;<):+7)<J%*=+'(+'$$T
— WH44>6+);+$466+(8'*+]P+J:Y8+UO^+:H8VB
— WH44>6+);+:)<4+(8'*+QPP+J:Y8+UNQ\+:H8VB
— C%*>%*=+<)'>6B
— E)*6(<"&(%)*+6%(46B
— !))<+<)'>+6"<;'&46B
— D*&$4:4*(+74'(84<B
— WH)<(9+><%@%*=B
— D;+9)"+'<4+@4<9+>%6(<'&(4>B

384+-<%@4<+.$4<(+W96(4:+7%$$+#4+<464(+%*+(84+;)$$)7%*=+6%("'(%)*6T
— C84*+(84+%=*%(%)*+8'6+#44*+67%(&84>+);;B
— C84*+9)"+8'@4+('J4*+);;+9)"<+6';4(9+#4$(+'*>+)H4*4>+(84+><%@4<+>))<B
— C84*+(84+@48%&$4+%6+6('(%)*'<9+;)<+:)<4+(8'*+N\+:%*"(46B

G*+$)*=L+6$)7+A)"<*496+U(<'@4$%*=+'(+$466+(8'*+]P+J:Y8+UO^+:H8VVL+(84+696(4:+'"():'(%&'$$9+<464(6
%(6+'66466:4*(+);+8)7+(%<4>+9)"+'<4B+D;+9)"+(84*+6('<(+><%@%*=+;'6(4<L+%(+7%$$+6('<(+'66466%*=+9)"<
><%@%*=+#48'@%)<+)*&4+'='%*B

C.2/D/0
384+-<%@4<+.$4<(+W96(4:d6+%*(4$$%=4*(+(4&8*)$)=9+&'**)(+)@4<&):4+(84+*'("<'$+$'76+);+H896%&6
'*>+%(+&'*+)*$9+)H4<'(4+7%(8%*+%(6+)7*+$%:%(6B+-)+*)(+'$$)7+(84+%*&<4'64>+&)*@4*%4*&4+H<)@%>4>
#9+(84+-<%@4<+.$4<(+W96(4:+()+(4:H(+9)"+%*()+('J%*=+<%6J6B+G*+$)*=4<+A)"<*496L+('J4+<4="$'<
#<4'J6+'*>+:'J4+6"<4+(8'(+9)"+;44$+'>4I"'(4$9+<46(4>+#4;)<4+64((%*=+);;+'='%*B
● D(+%6+'$7'96+9)"<+<46H)*6%#%$%(9+()+:'J4+6"<4+(8'(+9)"+'<4+;%(+()+><%@4B
● /4@4<+><%@4+784*+(%<4>B
● 384+696(4:+%6+*)(+="'<'*(44>+()+>4(4&(+(%<4>*466+4@4<9+(%:4+7%(8)"(+;'%$B+R':%$%'<%?4+9)"<,
64$;+7%(8+(84+%*;)<:'(%)*+%*+(84+64&(%)*+4*(%($4>+gR"*&(%)*'$+$%:%('(%)*6hB
● D*+&4<('%*+6%("'(%)*6L+(84+696(4:+:'9+%*&)<<4&($9+%*(4<H<4(+'+>4$%#4<'(4+><%@%*=+:'*4"@4<+'6
><%@4<+(%<4>*466B
● !$4'64+*)(4+(8'(+(84+696(4:+%6+*)(+&)*;%="<4>+()+%66"4+'*+"<=4*(+7'<*%*=+%*+(84+4@4*(+(8'(
9)"+g>)?4+);;+:):4*('<%$9hB
● !'9+'((4*(%)*+()+%*>%&'()<6+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9+'*>+<46H)*>+()+(84+H<):H(6
'&&)<>%*=$9B
384+-<%@4<+.$4<(+W96(4:+%6+>46%=*4>+45&$"6%@4$9+;)<+><%@%*=+)*+8%=87'96+'*>+=))>+<)'>
6"<;'&46B

D*+(84+4@4*(+);+'+696(4:+:'$;"*&(%)*L+&)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8),
<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+'*>+8'@4+(84+696(4:+%*6H4&(4>B

A1#*>59(@2*C(F56#(A5'=,*1(HF56#(:''5'.I

R%=B+
R%=B+NN+ D*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9T+15':H$46+);+(84+>4(4&(4>+6H44>+$%:%(6+7%(8+(84+'HH$%&',
#$4+'>>%(%)*'$+6%=*6B

-9*':%&+2)'>+W%=*+-%6H$'9+%6+'$7'96+'&(%@4+784*+(84+%=*%(%)*+%6+6('<(4>B+384+696(4:+>4(4&(6
6('*>'<>+<)'>+6%=*6+"6%*=+'+&':4<'+'(+(84+#'64+);+(84+%*(4<%)<+:%<<)<+'*>+%*;)<:6+(84+><%@4<+);
>4(4&(4>+6H44>+$%:%(6L+H'66%*=+<46(<%&(%)*6+'*>+8'?'<>+6%=*6B+C%(8%*+(84+$%:%(6+);+(84+696(4:L+(84
696(4:+'$6)+>%6H$'96+'>>%(%)*'$+69:#)$6L+6"&8+'6+(4:H)<'<9+<46(<%&(%)*6+)<+<46(<%&(%)*6+%*+74(+)<
;)==9+&)*>%(%)*6B+384+696(4:+:'9+'$6)+&)*(%*"4+()+>%6H$'9+(84+@'$%>+6H44>+$%:%(+)*+<)'>6+7%(8)"(
6%=*6B

A5'=,*1'
C84*+><%@%*=+)*+8%=87'96+)<+(7),$'*4+45H<4667'96+%*+04<:'*9L+(84+-9*':%&+2)'>+W%=*+-%6H$'9
'$6)+>%6H$'96+(84+<)'>+6%=*+;)<+(84+$%;(%*=+);+'$$+<)'>+<46(<%&(%)*6L+%*+'>>%(%)*+()+(84+6H44>+$%:%(6
'*>+H'66%*=+<46(<%&(%)*6B+D*+'$$+)(84<+&)"*(<%46L+(84+@'$%>+6H44>+$%:%(+%6+>%6H$'94>+%*6(4'>B
384+<)'>+6%=*6+>4(4&(4>+#9+(84+-9*':%&+2)'>+W%=*+-%6H$'9+'<4+>%6H$'94>+<4='<>$466+);+(84+64$4&(,
4>+%*;)<:'(%)*+H<);%$4+%*+(84+%*6(<":4*(+&$"6(4<B+-4H4*>%*=+)*+(84+D*;)('%*:4*(+696(4:+%*6('$$4>
%*+(84+@48%&$4L+(84+<)'>+6%=*6+:'9+'$6)+#4+>%6H$'94>+(84<4B+K'?'<>+6%=*6+'<4+*)(+>%6H$'94>+%*+(84
D*;)('%*:4*(+696(4:B
-4H4*>%*=+)*+(84+4I"%H:4*(L+'+>%6H$'9+:'9+'$6)+'HH4'<+%*+(84+84'>,"H+>%6H$'9B

384+696(4:+%6+%*+(84+%*%(%'$%?'(%)*+H8'64B+G2T
!'16'"31*$%(*1"#"$,">,/? G2T+(84+@48%&$4+8'6+*)(+>4(4&(4>+'*9+<)'>+6%=*6B
W96(4:+:'$;"*&(%)*B+04(+H<);466%)*'$+'66%6('*&4B
066'6@1)-("7$214'"31A$%(1)$*+,"-?
384+6H44>+'$4<(+;<):+(84+-9*':%&+2)'>+W%=*+-%6H$'9+%6+:'$;"*&(%)*%*=B+04(+H<);466%)*'$
A+//31B,/6&12866/(&,-1('&1"#"$,">,/?
'66%6('*&4B
)-("7$214'"31A$%(1)$*+,"-@1.,/"(1C$(3*:$/,3D
384+7%*>68%4$>+%6+>%<(9+%*+(84+'<4'+'<)"*>+(84+&':4<'+)<+74'(84<+&)*>%(%)*6+'<4+%*(4<;4<%*=
7%(8+(84+&':4<'+@%47B+E$4'*+(84+7%*>68%4$>B
-'('+%6+*)(+#4%*=+(<'*6:%((4>+#9+(84+D*;)('%*:4*(+696(4:B+E84&J+%;+@'$%>+:'H+>'('+%6+$)'>4>
)-("7$214'"31A$%(1)$*+,"-1$*12866/(&,-1,$7$&/3?
%*+(84+D*;)('%*:4*(+696(4:B+G2T
G2T+(84+@48%&$4+%6+$)&'(4>+%*+'*+'<4'+(8'(+%6+*)(+>4(4&(4>+)*
(84+:'H+6()<4>+%*+(84+D*;)('%*:4*(+696(4:B
384+-9*':%&+2)'>+W%=*+-%6H$'9+;"*&(%)*+%6+*)(+6"HH)<(4>+%*+(84+&)"*(<9+784<4+(84+@48%&$4
!'13"&"1"#"$,">,/?
%6+&"<<4*($9+#4%*=+)H4<'(4>B

@2*C('56#(C5'=,*1
D;+(84+-9*':%&+2)'>+W%=*+-%6H$'9+;"*&(%)*+%6+67%(&84>+)*L+%(+7%$$+&84&J+'*>+4@'$"'(4+(84+%*;)<:',
(%)*+;<):+(84+&':4<'L+(84+D*;)('%*:4*(+696(4:+'*>+(84+&"<<4*(+@48%&$4+>'('L+'*>+(84*+>%6H$'9+"H
()+(8<44+@'$%>+<)'>+6%=*6+7%(8+(84+'HH$%&'#$4+'>>%(%)*'$+69:#)$6+M+;%=B+N T

N6(+H)6%(%)*T
384+<)'>+6%=*+(8'(+%6+&"<<4*($9+@'$%>+%6+68)7*+)*+(84+$4;(+6%>4+);+(84+>%6H$'9L+;)<+45':H$4+'
6H44>+$%:%(+EF17+: GHF1I7J:V+M+;%=B+N B
EF17+:+UGHF1I7J:
Q*>+H)6%(%)*T
.*+'>>%(%)*'$+<)'>+6%=*+&'*+#4+>%6H$'94>+%*+(84+64&)*>+H)6%(%)*L+6"&8+'6+'+8'?'<>+6%=*L+'
H'66%*=+<46(<%&(%)*+)<+'*+'$(4<*'(%@4+6H44>+$%:%(B
W"HH$4:4*('<9+$'#4$T
R)<+45':H$4L+%;+(84+7%*>68%4$>+7%H4<6+'<4+)*+78%$4+><%@%*=+(84+@'$%>+<)'>+6%=*+7%(8+(84+6"H,
H$4:4*('<9+$'#4$+g784*+74(h+7%$$+:)@4+()+(84+$4;(+%*()+(84+;%<6(+H)6%(%)*B

384+8'?'<>+6%=*+>%6H$'9+%6+*)(+'@'%$'#$4+%*+'$$+&)"*(<%46L+'*>+%(+%6+H)66%#$4+(8'(+(84+696(4:+%6+*)(
'#$4+()+>4(4&(+4@4<9+8'?'<>+6%=*B

F=$$C("*%#5#6
D;+(84+-9*':%&+2)'>+W%=*+-%6H$'9+;"*&(%)*+>4(4&(6+(8'(+'+@'$%>+6H44>+$%:%(+%6+#4%*=+45&44>4>L+%(
:'9+7'<*+(84+><%@4<+'">%#$9+)<+@%6"'$$9+7%(8+'+:466'=4+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9B
384+6H44>+7'<*%*=+&'*+#4+64(+)<+&):H$4(4$9+>4'&(%@'(4>+%*+(84+@48%&$4+64((%*=6+%*+(84+D*;)('%*,
:4*(+696(4:+UM+X48%&$4+64((%*=6+:4*"L+GH4<'(%)*V B+384+6H44>+7'<*%*=+&'*+#4+64(+()+'+@'$"4+);
P+J:Y8+U:H8VL+\+J:Y8+UO+:H8V+)<+NP+J:Y8+U\+:H8VB

K%*5,$%(>2C$
G*+@48%&$46+7%(8+'+(<'%$4<+8%(&8+%*6('$$4>+'(+(84+;'&()<9+'*>+'+(<'%$4<+(8'(+%6+&)**4&(4>+()+(84+@48%,
&$4+4$4&(<%&'$+696(4:L+(84+>%6H$'9+);+<)'>+6%=*6+<4$4@'*(+()+'+(<'%$4<L+6"&8+'6+(84+@'$%>+6H44>+$%:%(
'*>+H'66%*=+<46(<%&(%)*6+;)<+@48%&$46+7%(8+'+(<'%$4<L+&'*+#4+'&(%@'(4>+'*>+>4'&(%@'(4>+%*+(84+@48%&$4
64((%*=6+%*+(84+D*;)('%*:4*(+696(4:+UM+X48%&$4+64((%*=6+:4*"L+GH4<'(%)*V B
R)<+(<'%$4<+:)>4L+(84+>%6H$'9+);+@'$%>+6H44>+$%:%(6+&'*+#4+'>A"6(4>+()+(84+:)>4$+);+(84+(<'%$4<+'*>
()+(84+$4='$+<4="$'(%)*6B+384+64((%*=+&'*+#4+64(+%*+%*&<4:4*(6+);+\+:H8+UNP+J:Y8V+7%(8%*+'+<'*=4
);+O\+:H8+U+]P+J:Y8V+'*>+_P+:H8+UNOP+J:Y8VB+D;+'+6H44>+%6+64(+(8'(+%6+8%=84<+(8'*+(84+H4<:%((4>
6H44>+;)<+><%@%*=+7%(8+'+(<'%$4<+%*+(84+&)"*(<9+)<+6('(4+784<4+(84+@48%&$4+%6+#4%*=+)H4<'(4>L+(84
-9*':%&+2)'>+W%=*+-%6H$'9+;"*&(%)*+7%$$+'"():'(%&'$$9+>%6H$'9+(84+$4='$+6H44>+$%:%(L+;)<+45':H$4
\\+:H8+U__+J:Y8V+%*+E'$%;)<*%'B
;#.%1(%$'.%59.52#("*%#5#6
D;+(84+-9*':%&+2)'>+W%=*+-%6H$'9+;"*&(%)*+>4(4&(6+(8'(+4*(<9+)*()+'+)*4,7'9+6(<44(+)<+8%=87'9
)*,<':H+%6+H<)8%#%(4>L+%(+7%$$+H<)@%>4+'*>+'">%)+)<+@%6"'$+7'<*%*=+:466'=4+%*+(84+%*6(<":4*(
&$"6(4<+>%6H$'9B

?+#9.52#*,(,5>5.*.52#'
384+-9*':%&+2)'>+W%=*+-%6H$'9+%6+6"#A4&(+()+696(4:+$%:%('(%)*6B+384+;)$$)7%*=+&)*>%(%)*6+:'9
&'"64+(84+-9*':%&+2)'>+W%=*+-%6H$'9+;"*&(%)*+()+#4+$%:%(4>+)<+()+*)(+)H4<'(4+'(+'$$T
— !))<+@%6%#%$%(9L+6"&8+'6+%*+6*)7L+<'%*L+;)=L+)<+84'@9+6H<'9
— 0$'<4L+;)<+45':H$4+;<):+)*&):%*=+(<';;%&+)<+(84+6"*
— K%=8+6H44>6
— D;+(84+&':4<'+%6+)#6(<"&(4>+)<+>%<(9
— D;+<)'>+6%=*6+'<4+)"(6%>4+);+(84+&':4<'c6+@%6"'$+;%4$>
— D;+<)'>+6%=*6+'<4+H'<(%'$$9+)<+&):H$4(4$9+&)@4<4>L+;)<+45':H$4+#9+(<446L+6*)7L+>%<(L+)<+)(84<
@48%&$46B
— D;+<)'>+6%=*6+'<4+*)(+%*+(84+6('*>'<>+;)<:'(
— D;+(84<4+'<4+>':'=4>+)<+#4*(+<)'>+6%=*6
— D;+(84<4+'<4+@'<%'#$4+(<';;%&+6%=*6+)*+)@4<84'>+6%=*6+U@'<%'#$4+>%6H$'9+);+<)'>+6%=*6+#9+b1-6+)<
)(84<+$%=8(%*=V
— D;+(84<4+%6+)"(>'(4>+:'H+:'(4<%'$+%*+(84+D*;)('%*:4*(+696(4:
— D;+(84<4+'<4+6(%&J4<6+)*+@48%&$46+(8'(+%*>%&'(4+<)'>+6%=*6L+6"&8+6H44>+$%:%(6+)*+&)::4<&%'$
@48%&$46

C.2/D/0
384+%*(4$$%=4*(+(4&8*)$)=9+);+(84+-9*':%&+2)'>+W%=*+-%6H$'9+&'**)(+)@4<&):4+(84+*'("<'$+$'76
);+H896%&6L+'*>+%(+&'*+)*$9+)H4<'(4+7%(8%*+(84+$%:%(6+);+(84+696(4:B+-)+*)(+'$$)7+(84+%*&<4'64>
&)*@4*%4*&4+H<)@%>4>+#9+(84+-9*':%&+2)'>+W%=*+-%6H$'9+()+(4:H(+9)"+%*()+('J%*=+<%6J6B+384
696(4:+&'**)(+<4H$'&4+(84+><%@4<d6+'((4*(%)*B
● .$7'96+'>'H(+9)"<+6H44>+'*>+><%@%*=+6(9$4+()+(84+&"<<4*(+@%6"'$L+74'(84<L+<)'>L+'*>+(<';;%&
&)*>%(%)*6B
● !))<+@%6%#%$%(9L+>'<J*466L+6*)7;'$$L+<'%*L+'*>+;)=+:'9+H<4@4*(+<)'>+6%=*6+;<):+#4%*=+>%6H$'9+)<
:'9+&'"64+(84:+()+#4+>%6H$'94>+%*&)<<4&($9+#9+(84+696(4:B
● D;+(84+&':4<'+$4*6+%6+>%<(9L+)#6(<"&(4>L+)<+>':'=4>L+(84+-9*':%&+2)'>+W%=*+-%6H$'9+;"*&(%)*
:'9+#4+$%:%(4>B

C.2/D/0
-<%@%*=+<4&)::4*>'(%)*6+'*>+<)'>+6%=*6+>%6H$'94>+%*+(84+-9*':%&+2)'>+W%=*+-%6H$'9+:'9+>%;;4<
;<):+(84+'&("'$+(<';;%&+6%("'(%)*B
● /)(+'$$+<)'>+6%=*6+&'*+#4+>4(4&(4>+'*>+>%6H$'94>+&)<<4&($9+#9+(84+696(4:B
● 3<';;%&+6%=*6+)*+(84+<)'>6+'*>+(<';;%&+<4="$'(%)*6+:"6(+'$7'96+('J4+H<4&4>4*&4+)@4<+><%@%*=
<4&)::4*>'(%)*6+'*>+>%6H$'96+;<):+(84+-9*':%&+2)'>+W%=*+-%6H$'9+;"*&(%)*B
W):4+64((%*=6+&'*+#4+6'@4>+%*+(84+><%@4<+H4<6)*'$%?'(%)*+"64<+H<);%$46+'*>+&'*+(84*+#4
&8'*=4>+'"():'(%&'$$9+784*+(84+"64<+H<);%$4+%6+67%(&84>+UM+-<%@4<+H4<6)*'$%?'(%)*L+-4,
6&<%H(%)*V B

;92(*''5'.

R%=B+
R%=B+NN+ 1&)+'66%6(+>%6H$'96+U04*4<'$+45':H$4VB

1&)+'66%6(+>%6H$'96+%*;)<:'(%)*+%*+(84+>%=%('$+%*6(<":4*(+&$"6(4<L+>4H4*>%*=+)*+(84+6%("'(%)*L
78%&8+84$H6+9)"+()+(8%*J+'84'>+78%$4+><%@%*=+'*>+()+><%@4+%*+'*+4*4<=9,6'@%*=+:'**4<+UM+1&)
(%H6L+D*(<)>"&(%)*Y=4*4<'$+%*;)<:'(%)*V B
C84*+'HH<)'&8%*=+'*+%*(4<64&(%)*L+<)"*>'#)"(+)<+'+64&(%)*+);+<)'>+7%(8+'+6H44>+$%:%('(%)*L+;)<
45':H$4L+(84+ +69:#)$+()=4(84<+7%(8+(84+ +4@4*(+'HH4'<+%*+(84+>%=%('$+%*6(<":4*(+&$"6(4<+UM
-%=%('$+%*6(<":4*(+&$"6(4<+U.D-VL+G@4<@%47V B

!8$%85$"(23(./$('1>42,'(C5'=,*1$C
b%;(+9)"<+;))(+;<):+(84+'&&4$4<'()<B
b4;(+("<*B
2%=8(+("<*B
K%=87'9+4*(<9+'*>+45%(B
E'"(%)*T+W(44H+=<'>%4*(B
2)"*>'#)"(+'84'>B
b4;(+#4*>B
2%=8(+#4*>B
E%(9+$%:%(B
WH44>+$%:%(+7%(8+>9*':%&+6H44>+>%6H$'9B
X48%&$4+'84'>B

384+69:#)$6+68)7*+84<4+:'9+>4@%'(4+6$%=8($9+>4H4*>%*=+)*+(84+@48%&$4+4I"%H:4*(+'*>
:)>4$B+W9:#)$6+:'9+'$6)+#4+:)>%;%4>+)<+4*8'*&4>+#9+'+696(4:+"H>'(4B
.6+6))*+'6+9)"+;)$$)7+(84+%*6(<"&(%)*+'*>+('J4+9)"<+;))(+);;+(84+'&&4$4<'()<+H4>'$L+(84+@48%&$4
'>'H(6+(84+4*4<=9+<4&"H4<'(%)*+'*>+(84+@48%&$4+6H44>+>4H4*>%*=+)*+(84+><%@%*=+:)>4+64$4&(4>
'*>+9)"<+>%6('*&4+;<):+(84+%*&%>4*(+UM+1*4<=9+<4&"H4<'(%)*L+GH4<'(%)*V B

C84*+(84+696(4:+%6+'&(%@4L+1&)+'66%6(+:'9+%*&<4'64+4*4<=9+<4&"H4<'(%)*+7%(8)"(+>%6H$'9,
%*=+(8%6B+38%6+:'9L+;)<+45':H$4L+)&&"<+%;+(84+'&&4$4<'()<+H4>'$+%6+<4$4'64>+784*+(84<4+%6+'
@48%&$4+'84'>B+D*+(8%6+&'64L+(84+4*4<=9+<4&"H4<'(%)*+%6+'>'H(4>+()+(84+@48%&$4+'84'>+7%(8,
)"(+>%6H$'9%*=+'+*)(%;%&'(%)*B
1&)+'66%6(+"646+(84+<)"(4+>'('+;<):+(84+D*;)('%*:4*(+696(4:+'*>+(84+64*6)<6+);+%(6+)7*+'6,
6%6('*&4+696(4:6B+D;+<)"(4+="%>'*&4+%6+*)(+'&(%@4L+(84+:)6(+H<)#'#$4+<)"(4+%6+"64>B
[9+'&&4$4<'(%*=L+9)"+&'*+)@4<<%>4+%*(4<@4*(%)*+#9+1&)+'66%6(+'(+'*9+(%:4B
1&)+'66%6(+&'*+#4+'&(%@'(4>+'*>+>4'&(%@'(4>+"*>4<+(84+><%@4<+'66%6('*&4+64((%*=6+%*+(84+D*;)('%*,
:4*(+696(4:+UM+a4*"+'66%6(+696(4:6L+GH4<'(%)*V B
1&)+'66%6(+%6+'"():'(%&'$$9+>4'&(%@'(4>+(4:H)<'<%$9+%;+(84+;)$$)7%*=+'<4+64$4&(4>T
— W4$4&()<+$4@4<+H)6%(%)*+[B
— WH)<(+><%@%*=+:)>4B
— -<%@%*=+7%(8+.>'H(%@4+E<"%64+E)*(<)$+U.EEV+)<+&<"%64+&)*(<)$+696(4:B

D;+1&)+'66%6(+%6+'&(%@'(4>+%*+(84+><%@4<+'66%6('*&4+64((%*=6L+%(+%6+<4'&(%@'(4>+%;+'*9+);+(8464+&)*>%,
(%)*6+&8'*=4B
1&)+'66%6(+>4H4*>6+)*+(84+4I"%H:4*(+'*>+%6+*)(+'@'%$'#$4+%*+'$$+&)"*(<%46B

C.2/D/0
384+696(4:+&'**)(+<4H$'&4+(84+><%@4<d6+'((4*(%)*B
● .$7'96+'>'H(+9)"<+6H44>+'*>+><%@%*=+6(9$4+()+(84+&"<<4*(+@%6"'$L+74'(84<L+<)'>L+'*>+(<';;%&
&)*>%(%)*6B
● 2)'>+6%=*6+'*>+(<';;%&+<"$46+8'@4+H<%)<%(9+)@4<+><%@%*=+<4&)::4*>'(%)*6B

K5>$(*#C(C*.$

W4((%*=+(84+(%:4+'*>+>'(4+@%'+(84+D*;)('%*:4*(+696(4:
— +3'H+(84+ W4((%*=6 +;"*&(%)*+J49+UM+X48%&$4+64((%*=6+:4*"L+GH4<'(%)*V B
— W4$4&(+(84+ 3%:4+'*>+>'(4 +:4*"+%(4:+()+64(+(84+(%:4+'*>+>'(4B
— W4$4&(+(%:4+6)"<&4T
— ."():'(%&B
— a'*"'$B

384+(%:4+'*>+>'(4+'<4+)*$9+>%6H$'94>+%*+(84+D*;)('%*:4*(+696(4:B
W4((%*=+(84+(%:4+"6%*=+(84+>%=%('$+%*6(<":4*(+&$"6(4<
— +GH4*+(84+64<@%&4+:4*"+UM+W4<@%&4+:4*"L+GH4<'(%)*V B
— +W4$4&(+(84+K$7/
K$7/+:4*"B
— +W4(+(84+&)<<4&(+(%:4+"6%*=+(84+ +)<+ +'<<)7+#"(()*6B

U*=(.5>$%

-4H4*>%*=+)*+(84+4I"%H:4*(L+(84+$'H+(%:4<+&'*+#4+>%6H$'94>+%*+(84+%*6(<":4*(+&$"6(4<+UM+a4*"6
'*>+%*;)<:'(%)*+>%6H$'96L+G@4<@%47V B
384+$'H+(%:4<+);;4<6+(84+)H(%)*+()+:4'6"<4+'*>+6'@4+(84+%*>%@%>"'$+$'H+(%:46+)*+'+<'&%*=+&)"<64
:'*"'$$9+%*+(84+@48%&$4+'6+74$$+'6+&):H'<4+(8464+(%:46+()+(84+#46(+(%:46+H<4@%)"6$9+<4&)<>4>B
384+;)$$)7%*=+:'%*+:4*"6+&'*+#4+>%6H$'94>T
— L"+1&$7/6
— L"+
L"++U7%(8+&"<<4*(+$'H+6H4&%;%&'(%)*V
— A&"&$*&$2*

F"5.9/5#6(4$."$$#(>$#+'
— !<466+(84+ +)<+ +#"(()*+)*+(84+:"$(%,;"*&(%)*+6(44<%*=+7844$B

R)<+45':H$4L+(84+;)$$)7%*=+$%6(+7%$$+68)7+(84+$'9)"(+);+(84+:4*"6+%*+(84+%*6(<":4*(+&$"6(4<+>%6,
H$'9B+384+'&("'$+6&)H4+);+(84+:4*"6+'*>+(84+*':46+);+%*>%@%>"'$+:4*"+%(4:6+>4H4*>+)*+(84+%*,
6(<":4*(+&$"6(4<+@4<6%)*+'*>+(84+@48%&$4+4$4&(<)*%&6B

)$#+(C5'=,*1'(*#C(3+#9.52#'
b'H+(%:4<+:4*"

W('<(
384+(%:4+:4'6"<4:4*(+);+'+$'H+%6+6('<(4>B
W%*&4+6('<(
384+(%:4+:4'6"<4:4*(+#4=%*6+784*+(84+@48%&$4+#4=%*6+()+><%@4B+D;+%(+%6+'$<4'>9+:)@%*=L+(84
(%:4+:4'6"<4:4*(+6('<(6+784*+(84+@48%&$4+&):46+()+'+6()H+%*+(84+:4'*(%:4B
W('(%6(%&6
.*+)@4<@%47+);+(84+$'H6+H<4@%)"6$9+<4&)<>4>+%6+>%6H$'94>B

b'H+:4*"

W()H
384+'&(%@4+(%:4+:4'6"<4:4*(+%6+H'"64>B+384+$'H+%6+*)(+;%*%684>B
246":4
384+H'"64>+(%:4+:4'6"<4:4*(+%6+<46":4>B
WH$%(+(%:4
.+6H$%(+(%:4+%6+>%6H$'94>+;)<+'HH<)5%:'(4$9+;%@4+64&)*>6B+384+'&(%@4+(%:4+:4'6"<4:4*(+&)*,
(%*"46+()+<"*+6%:"$('*4)"6$9B
/47+$'H
384+(%:4+);+(84+&"<<4*(+$'H+%6+6()HH4>+'*>+'+*47+$'H+%6+6('<(4>B+384+(%:4+;)<+(84+;%*%684>+$'H
%6+(<'*6;4<<4>+()+(84+6('(%6(%&6B
E'*&4$+$'H
384+(%:4+:4'6"<4:4*(+%6+6()HH4>+'*>+>%6&'<>4>B+384+&"<<4*(+$'H+7%$$+*)(+#4+<4&)<>4>+%*
(84+6('(%6(%&6B
1*>
384+(%:4+:4'6"<4:4*(+%6+;%*%684>B+384+$'H+7%$$+#4+<4&)<>4>+%*+(84+6('(%6(%&6B

W('(%6(%&6+:4*"

['&J
384+>%6H$'9+67%(&846+#'&J+()+(84+H<4@%)"6+:4*"B
2464(
.$$+6'@4>+6('(%6(%&6+>'('+%6+<464(B

384+H<4@%)"6$9+><%@4*+$'H+(%:46+'<4+>%6H$'94>+%*+(84+6('(%6(%&6+:4*"B+D;+(84+:'5%:":+$'H+*":#4<
);+``+$'H6+)<+(84+:'5%:":+()('$+>"<'(%)*+);+``+8)"<6L+\`+:%*"(46+'*>+\`+64&)*>6+%6+<4'&84>L+'
*47+(%:4+:4'6"<4:4*(+&'*+#4+6('<(4>+#4;)<4+(84+6('(%6(%&6+'<4+<464(B

C.2/D/0
-<%@4<+>%6(<'&(%)*+&'*+&'"64+'&&%>4*(6+'*>+%*A"<%46B
● G*$9+'>A"6(+$'H+(%:4<+H<464(6+'*>+)H4*+(84+6('(%6(%&6+784*+(84+@48%&$4+%6+6('(%)*'<9B
● G*$9+)H4<'(4+(84+$'H+(%:4<+78%$4+><%@%*=+%;+(84+><%@%*=+6%("'(%)*+%6+4'69+()+&)*(<)$+'*>
:)*%()<B

A%58$%(*''5'.*#9$('1'.$>'(4+..2#

384+#"(()*+;)<+><%@4<+'66%6('*&4+696(4:6+%6+$)&'(4>+)*+(84+:"$(%,;"*&(%)*+6(44<%*=+7844$B+F6%*=
(8%6+#"(()*L+(84+><%@4<+'66%6('*&4+696(4:6+&'*+#4+67%(&84>+)*+)<+);;+%*+(84+B**$*&1*-*&/7*
B**$*&1*-*&/7*
:4*"B
— !<466+(84+ +#"(()*+#<%4;$9+()+)H4*+(84+B**$*&1*-*&/7*
B**$*&1*-*&/7*+:4*"B
— W4$4&(+(84+><%@4<+'66%6('*&4+696(4:+'*>+67%(&8+%(+)*+)<+);;B+.+&84&J+:'<J+%*>%&'(46+%;+'+><%@4<
'66%6('*&4+696(4:+%6+67%(&84>+)*B
— E)*;%<:+(84+64$4&(%)*+7%(8+(84+ +#"(()*+)*+(84+:"$(%,;"*&(%)*+6(44<%*=+7844$B

G<+9)"+&'*+'$6)+67%(&8+(84+><%@4<+'66%6('*&4+696(4:6+)*+'*>+);;+%*+(84+D*;)('%*:4*(+696(4:+@48%,
&$4+64((%*=6+UM+X48%&$4+64((%*=6+:4*"L+GH4<'(%)*V B

F$%859$(>$#+

-4H4*>%*=+)*+(84+4I"%H:4*(L+64((%*=6+&'*+#4+'HH$%4>+%*+(84+64<@%&4+:4*"B

!=$#5#6(./$('$%859$(>$#+
3)+)H4*+(84+64<@%&4+:4*"L+64$4&(+(84+)6$#$(%1&$7/J3$*&"(2/136$#/(
)6$#$(%1&$7/J3$*&"(2/136$#/(+%*;)<:'(%)*+H<);%$4+%*+(84
'"5%$%'<9+>%6H$'96+'*>+8)$>+>)7*+(84+ +)<+ +#"(()*+)*+(84+:"$(%,;"*&(%)*+6(44<%*=+7844$L+>4,
H4*>%*=+)*+(84+64$4&(4>+'"5%$%'<9+>%6H$'9+'<4'L+;)<+'HH<)5%:'(4$9+6%5+64&)*>6B+n)"+&'*+*)7+*'@%,
='(4+%*+(84+:4*"+'6+"6"'$+"6%*=+(84+#"(()*6+)*+(84+:"$(%,;"*&(%)*+6(44<%*=+7844$B

@$'$..5#6(./$('$%859$(5#.$%8*,(C5'=,*1
W4$4&(+(84+A/6#$2/
A/6#$2/+:4*"+'*>+;)$$)7+(84+%*6(<"&(%)*6+)*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9B

@$'$..5#6(./$(25,(9/*#6$('$%859$
W4$4&(+(84+4/*/&1'$,12:"(%/1*/6#$2/
4/*/&1'$,12:"(%/1*/6#$2/+:4*"+'*>+;)$$)7+(84+%*6(<"&(%)*6+)*+(84+%*6(<":4*(+&$"6,
(4<+>%6H$'9B

;#65#$(92C$
W4$4&(+(84+0(%$(/12'3/
0(%$(/12'3/+:4*"B+384+4*=%*4+&)>4+7%$$+'HH4'<+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9B

F$..5#6(./$(.5>$
W4$4&(+(84+K$7/
K$7/+:4*"+'*>+64(+(84+&)<<4&(+(%:4+"6%*=+(84+ +)<+ +'<<)7+#"(()*6B

E2=1%56/.
W4$4&(+(84+.'+-6$%:&
.'+-6$%:&+:4*"+()+'&&466+(84+&)H9<%=8(+%*;)<:'(%)*B

F$%859$(5#.$%8*,(C5'=,*1

-%6H$'96+'#)"(+64<@%&4+4@4*(6+'HH4'<+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9+'*>+%*+(84+D*;)('%*:4*(
696(4:B
384<4+'<4+>%;;4<4*(+@4<6%)*6+);+(84+%*6(<":4*(+&$"6(4<+'*>+D*;)('%*:4*(+696(4:m+(84<4;)<4L+(84
@4<6%)*6+'*>+'HH4'<'*&46+);+(84+>%6H$'96+:'9+@'<9B
R%54>+64<@%&4+%*(4<@'$6+'<4+6H4&%;%4>+;)<+@48%&$46+7%(8+(84+;%54>+)%$+&8'*=4+64<@%&4
;%54>+)%$+&8'*=4+64<@%&4B
D*(4<@'$6+'<4+>4(4<:%*4>+%*>%@%>"'$$9+)*+@48%&$46+7%(8+(84+;$45%#$4+)%$+&8'*=4+64<@%&4
;$45%#$4+)%$+&8'*=4+64<@%&4B+34&8*%,
&'$+'>@'*&46+8'@4+:'>4+%(+H)66%#$4+()+6%=*%;%&'*($9+<4>"&4+(84+*44>+;)<+:'%*(4*'*&4B+G%$+&8'*=4
64<@%&46+)*$9+*44>+()+#4+H4<;)<:4>+%;+(84+@48%&$4+<4I"%<46+%(B+384+6H4&%;%&+)H4<'(%*=+&)*>%(%)*6
'*>+(84+H4<6)*'$+><%@%*=+6(9$4+'<4+'$6)+('J4*+%*()+&)*6%>4<'(%)*B+384+64<@%&4+4'<$9+7'<*%*=+:46,
6'=4+%6+;%<6(+>%6H$'94>+OP+>'96+H<%)<+()+(84+&'$&"$'(4>+64<@%&4+>"4+>'(4B+384+>%6H$'94>+<4:'%*%*=
>%6('*&4+()+#4+(<'@4$4>+%6+'$7'96+<)"*>4>+()+]P+:%$46+UNPP+J:V+'*>+(84+<4:'%*%*=+(%:4+%6+<)"*>,
4>+()+78)$4+>'96B

F$%859$(#2.5359*.52#
D;+'+64<@%&4+)<+'*+%*6H4&(%)*+%6+>"4+%*+(84+*4'<+;"("<4L+'+64<@%&4+*)(%;%&'(%)*+7%$$+#4+>%6H$'94>+784*
(84+%=*%(%)*+%6+67%(&84>+)*B
384+6H4&%;%4>+:%$4'=4+)<+(%:4+%6+(84+>%6('*&4+)<+(%:4+"*(%$+(84+*45(+64<@%&4+&'*+#4+&):H$4(4>B
F$%859$($8$#.
C84*+'+64<@%&4+%6+>"4
64<@%&4+%6+>"4+)<+'*+%*6H4&(%)*+%6+>"4
%*6H4&(%)*+%6+>"4L+'+7'<*%*=+&8%:4+7%$$+6)"*>+'*>+'+7<4*&8+69:,
#)$+ +:'9+'HH4'<+)*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9+;)<+'+;47+64&)*>6+()=4(84<+7%(8+)*4+);+(84
;)$$)7%*=+:466'=46+784*+9)"+67%(&8+)*+(84+%=*%(%)*T
— M(*+/2&$'(1('CD
— 5$,12:"(%/1('CD
— 5$,12:"(%/1*/6#$2/1"(31$(*+/2&$'(1('CD

E/$905#6(*('$%859$(C+$(C*.$
C84*+(84+%=*%(%)*+%6+)*L+(84+4*=%*4+%6+);;L+'*>+(84+@48%&$4+%6+6('(%)*'<9L+(84+&"<<4*(+64<@%&4+>"4
>'(4+&'*+#4+@%474>+'(+'*9+(%:4T
— 3'H+(84+ X48%&$4 +;"*&(%)*+J49B
— W4$4&(+(84+ W('("6 +:4*"+%(4:+'*>+('H+(84+ W4<@%&4 +;"*&(%)*+J49+()+>%6H$'9+(84+64<@%&4
%*;)<:'(%)*B

384+64<@%&4+>"4+>'(4+&'*+'$6)+#4+&84&J4>+@%'+(84+64<@%&4+:4*"+UM+W4<@%&4+:4*"L+GH4<'(%)*V B

@$'$..5#6(./$('$%859$(5#.$%8*,(C5'=,*1
D;+(84+64<@%&4+)<+%*6H4&(%)*+7'6+*)(+H4<;)<:4>+#9+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'*+'"(8),
<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9L+(84+64<@%&4+<4:%*>4<+&'*+#4+<464(+'6+;)$$)76T
— 384+64<@%&4+%*(4<@'$+>%6H$'9+&'*+)*$9+#4+<464(+(8<)"=8+(84+64<@%&4+:4*"+UM+W4<@%&4+:4*"L+GH,
4<'(%)*V B

-)+*)(
*)(+<464(+(84+64<@%&4+%*(4<@'$+>%6H$'9+#4(744*+64<@%&4+%*(4<@'$6+)<+%*&)<<4&(+%*;)<:'(%)*+7%$$
#4+>%6H$'94>B
D;+(84+)%$+&8'*=4+64<@%&4+7'6+:'*"'$$9+<464(L+(84+64<@%&4+%*(4<@'$+>%6H$'9+(84*+'$6)+67%(&846+()+'
;%54>+64<@%&4+%*(4<@'$L+4@4*+)*+@48%&$46+7%(8+;$45%#$4+)%$+&8'*=4+64<@%&4
;$45%#$4+)%$+&8'*=4+64<@%&4B

384+64<@%&4+:466'=4+>%6'HH4'<6+';(4<+'+;47+64&)*>6+784*+(84+4*=%*4+%6+<"**%*=+)<+784*
(84+ +#"(()*+)*+(84+:"$(%,;"*&(%)*+6(44<%*=+7844$+%6+H<4664>B

D;+(84+NQ+X+@48%&$4+#'((4<9+%*+'+@48%&$4+7%(8+;$45%#$4+64<@%&4+7'6+>%6&)**4&(4>+;)<+'*+45,
(4*>4>+H4<%)>L+(84+(%:4+;)<+(84+*45(+64<@%&4+&'**)(+#4+&'$&"$'(4>B+384<4;)<4L+(84+64<@%&4
%*(4<@'$+>%6H$'96+:'9+68)7+%*&)<<4&(+&'$&"$'(%)*6B+D;+(8%6+%6+(84+&'64L+;)$$)7+(84+:'5%:":
H4<:%66%#$4+:'%*(4*'*&4+%*(4<@'$6B

G#'.%+>$#.(9,+'.$%(2=$%*.52#

G#.%2C+9.52#
W):4+:4*"+%(4:6+&'*+)*$9+#4+'&&4664>+784*+(84+@48%&$4+%6+6('(%)*'<9B

C.2/D/0
-<%@4<+>%6(<'&(%)*+&'*+&'"64+'&&%>4*(6+'*>+%*A"<%46B
● /4@4<+)H4<'(4+(84+:4*"6+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9+78%$4+><%@%*=B

.;(4<+6('<(%*=+(84+4*=%*4+784*+(84+NQ,@)$(+@48%&$4+#'((4<9+%6+64@4<4$9+><'%*4>+)<+784*+%(
8'6+#44*+<4H$'&4>L+(84+696(4:+64((%*=6+U(%:4L+>'(4L+H4<6)*'$+&)*@4*%4*&4+64((%*=6L+'*>
H<)=<'::%*=V+:'9+8'@4+&8'*=4>+)<+#44*+4<'64>B+E84&J+'*>+&)<<4&(+(84+64((%*=6+';(4<
(84+NQ+X+@48%&$4+#'((4<9+%6+6";;%&%4*($9+<4&8'<=4>B

D;+7'<*%*=+:466'=46+'#)"(+:'$;"*&(%)*6+'HH4'<+784*+(84+%=*%(%)*+%6+67%(&84>+)*L+64(,
(%*=6+)<+%*;)<:'(%)*+>%6H$'96+:'9+*)(+'HH4'<+'6+>46&<%#4>B+D;+(8%6+%6+(84+&'64L+8'@4+:'$,
;"*&(%)*6+&)<<4&(4>+#9+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<,
@%&4+R'&%$%(9B

!=$%*.52#(+'5#6(./$(>+,.5M3+#9.52#('.$$%5#6("/$$,

R%=B+
R%=B+NN+ 2%=8(+6%>4+);+(84+:"$(%,;"*&(%)*+6(44<%*=+7844$T+["(()*6+;)<+)H4<'(%*=+(84+:4*"6+'*>+%*,
;)<:'(%)*+>%6H$'96+%*+(84+%*6(<":4*(+&$"6(4<+U@4<6%)*+NVB
R%=B+
R%=B+QQ+ 2%=8(+6%>4+);+(84+:"$(%,;"*&(%)*+6(44<%*=+7844$T+["(()*6+;)<+)H4<'(%*=+(84+:4*"6+'*>+%*,
;)<:'(%)*+>%6H$'96+%*+(84+%*6(<":4*(+&$"6(4<+U@4<6%)*+QVB

a4*"6+&'**)(+#4+'&&4664>+784*+'+H<%)<%(9+N+7'<*%*=+:466'=4+%6+>%6H$'94>+UM+C'<*%*=+'*>+%*,
;)<:'(%)*+(45(6L+-46&<%H(%)*V B+n)"+&'*+&)*;%<:+'*>+8%>4+6):4+7'<*%*=+:466'=46+"6%*=+(84+
#"(()*+)*+(84+:"$(%,;"*&(%)*+6(44<%*=+7844$B

F$,$9.5#6(*(>$#+(2%(5#32%>*.52#(C5'=,*1
— W7%(&8+(84+%=*%(%)*+)*B
— -<%@4<+H4<6)*'$%?'(%)*T+64$4&(+'+"64<B
— D;+'+:466'=4+)<+@48%&$4+%&)*+%6+>%6H$'94>L+H<466+(84+ +#"(()*L+<4H4'(4>$9+%;+*4&466'<9B
— 3)+>%6H$'9+'+:4*"+'*>+()+6&<)$$+(8<)"=8+(84+:4*"L+H<466+(84+ +)<+ +#"(()*B
— 3)+)H4*+(84+>%6H$'94>+:4*"+)<+%*;)<:'(%)*+>%6H$'9L+H<466+(84+ +#"(()*+)<+7'%(+"*(%$+(84
:4*"+)<+(84+%*;)<:'(%)*+>%6H$'9+)H4*6+'"():'(%&'$$9+';(4<+64@4<'$+64&)*>6B

:==,15#6('$..5#6'(5#(./$(>$#+'
— !<466+(84+ +)<+ +'<<)7+#"(()*6+%*+(84+>%6H$'94>+:4*"+"*(%$+(84+>46%<4>+:4*"+%(4:+%6+:'<J4>B
384+%(4:+%6+:'<J4>+7%(8+'+;<':4+'<)"*>+%(B
— !<466+(84+ +#"(()*+()+'HH$9+(84+>46%<4>+&8'*=46B+.+g&84&J:'<Jh+%*>%&'(46+%;+(84+;"*&(%)*+)<
696(4:+%6+'&(%@'(4>B

@$.+%#5#6(.2(>$#+('$,$9.52#
— !<466+(84+ +)<+ +#"(()*B

7G;-(4+..2#(2#(./$(>+,.5M3+#9.52#('.$$%5#6("/$$,
n)"+&'*+"64+(84+ +#"(()*+()+67%(&8+#4(744*+(84+>%;;4<4*(+@%476+%*+(84+>%6H$'9+'<4'+UM+-%=%('$
%*6(<":4*(+&$"6(4<+U.D-VL+G@4<@%47V B
!<466+'*>+8)$>+(84+ +#"(()*+()+68)7+)<+8%>4+'"5%$%'<9+>%6H$'96B

D;+7'<*%*=+:466'=46+'#)"(+:'$;"*&(%)*6+'HH4'<+784*+(84+%=*%(%)*+%6+67%(&84>+)*L+64(,
(%*=6+)<+%*;)<:'(%)*+>%6H$'96+:'9+*)(+'HH4'<+'6+>46&<%#4>B+D;+(8%6+%6+(84+&'64L+8'@4+:'$,
;"*&(%)*6+&)<<4&(4>+#9+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<,
@%&4+R'&%$%(9B

!=$%*.52#(*#C(C5'=,*1'(5#(./$(G#32.*5#>$#.('1'.$>

G#.%2C+9.52#

38%6+D*;)('%*:4*(+696(4:+&)*6)$%>'(46+4664*(%'$+@48%&$4+696(4:6+%*+'+&4*(<'$+&)*(<)$+H'*4$L
6"&8+'6+:4*"+64((%*=6L+<'>%)L+)<+'+*'@%='(%)*+696(4:B

Q$#$%*,(5#32%>*.52#(32%(2=$%*.52#
384+<4$4@'*(+%*;)<:'(%)*+;)<+(84+64((%*=6+%*+(84+</:$2,/
</:$2,/+:4*"+%6+%*&$">4>+%*+(84+;)$$)7%*=
64&(%)*B

F1'.$>('$..5#6'(*#C(8$/59,$(5#32%>*.52#(C5'=,*1
.;(4<+('HH%*=+(84+;"*&(%)*+J49+ X48%&$4 L+9)"+&'*+('H+(84+<46H4&(%@4+;"*&(%)*+J496+()+>%6H$'9+%*;)<,
:'(%)*+)<+()+'>A"6(+(84+64((%*=6B+n)"+&'*+('H+(84+;"*&(%)*+J49+ W('("6 +()+@%47+(84+&"<<4*(+@48%&$4
6('("6L+;)<+45':H$4T
— X48%&$4+64((%*=6+UM+X48%&$4+64((%*=6+:4*"L+GH4<'(%)*V B
— X48%&$4+6('("6
— 3<%H+>'('
— 1,>%6H$'96B
— -4H4*>%*=+)*+@48%&$4+4I"%H:4*(T+!4<;)<:'*&4+:)*%()<+UM+!4<;)<:'*&4+:)*%()<L+-46&<%H,
(%)*V B
— -4H4*>%*=+)*+@48%&$4+4I"%H:4*(T+b'H+(%:4<+UM+b'H+(%:4<+D*;)('%*:4*(+696(4:L
-46&<%H(%)*V B

C.2/D/0
-<%@4<+>%6(<'&(%)*+&'*+&'"64+'&&%>4*(6+'*>+%*A"<%46B+GH4<'(%*=+(84+D*;)('%*:4*(+696(4:+&'*+>%6,
(<'&(+9)"+;<):+(<';;%&B
● .$7'96+><%@4+'((4*(%@4$9+'*>+<46H)*6%#$9B
.;(4<+6('<(%*=+(84+4*=%*4+784*+(84+NQ+X+@48%&$4+#'((4<9+%6+64@4<4$9+><'%*4>+)<+%6+'+<4,
H$'&4:4*(L+696(4:+64((%*=6+U(%:4L+>'(4L+H4<6)*'$+&)*@4*%4*&4+64((%*=6L+'*>+H<)=<':,
:%*=V+'*>+"64<+H<);%$46+:'9+#4+'>A"6(4>+)<+>4$4(4>B+E84&J+'*>+&)<<4&(+(84+64((%*=6+';(4<
(84+NQ+X+@48%&$4+#'((4<9+%6+6";;%&%4*($9+<4&8'<=4>B

7$/59,$('$..5#6'(>$#+

n)"+&'*+67%(&8+%*>%@%>"'$+;"*&(%)*6+'*>+696(4:6+)*+'*>+);;+'*>+'>A"6(+64((%*=6+%*+(84+@48%&$4
64((%*=6+:4*"+%*+(84+D*;)('%*:4*(+696(4:B

!=$#5#6(./$(
!=$#5#6(./$(</:$2,/1*/&&$(%*
</:$2,/1*/&&$(%*(>$#+
(>$#+
— W7%(&8+(84+%=*%(%)*+)*B
— D;+*4&466'<9L+67%(&8+(84+D*;)('%*:4*(+696(4:+)*B
— !4<6)*'$%?'(%)*T+W4$4&(+"64<+'*>+&)*;%<:+7%(8+(84+ +;"*&(%)*+J49B
— 3'H+(84+ X48%&$4 +;"*&(%)*+J49B
— 3)+)H4*+)(84<+6"#:4*"6+%*+(84+</:$2,/
</:$2,/+:4*"+)<+()+'>A"6(+64((%*=6+%*+(84+:4*"+%(4:6L+('H+(84
<46H4&(%@4+;"*&(%)*+J496B
— GH4*+(84+<4I"%<4>+:4*"+'*>+'>A"6(+(84+64((%*=6+'6+9)"+7%68B+R"*&(%)*6+8%=8$%=8(4>+%*+&)$)<
'<4+67%(&84>+)*B

3'H+(84+N5O0
N5O0+#"(()*+ +()+<4("<*+()+(84+6('<(+6&<44*B

A%58$%(=$%'2#*,5V*.52#

F6%*=+(84+H4<6)*'$%?'(%)*+;"*&(%)*L+%*>%@%>"'$+@48%&$4+64((%*=6L+6"&8+'6+(84+64((%*=6+;)<+(84+'%<
&)*>%(%)*%*=+696(4:L+%*6(<":4*(+&$"6(4<L+)<+$%=8(6L+&'*+#4+6'@4>+()+'+C4+E)**4&(+"64<+H<);%$4B
b)==%*=+%*()+9)"<+C4+E)**4&(+"64<+H<);%$4+%*+(84+D*;)('%*:4*(+696(4:+%>4*(%;%46+(84+"64<B
E8'*=46+()+(84+64((%*=6+'<4+'66%=*4>+()+(84+"64<+H<);%$4+'&(%@4+;)<+(84+@48%&$4+'*>+%;+(84<4+%6+'*
%*(4<*4(+&)**4&(%)*L+(849+'<4+'"():'(%&'$$9+6'@4>+)*$%*4+%*+9)"<+C4+E)**4&(+"64<+H<);%$4B

Q%$$.5#6(*#C(+'$%(=%235,$('$,$9.52#
.;(4<+67%(&8%*=+)*+(84+%=*%(%)*L+(84+*':4+);+(84+>4(4&(4>+"64<+%6+68)7*+%*+(84+D*;)('%*:4*(+696,
(4:B+384+"64<+%6+>4(4&(4>+@%'+(84+<4:)(4+&)*(<)$+@48%&$4+J49+784*+'"():'(%&+'66%=*:4*(+%6+'&(%,
@'(4>B+D;+'"():'(%&+J49+'66%=*:4*(+%6+*)(+'&(%@4L+(84+$'6(+"64<+$)==4>+%*()+(84+@48%&$4+%6+>%6H$'94>B
D;+9)"+'<4+*)(+(84+>4(4&(4>+"64<L+9)"+8'@4+(84+;)$$)7%*=+)H(%)*6T
— W4$4&(+9)"<+)7*+"64<+H<);%$4+;<):+(84+"64<+$%6(+%;+9)"+74<4+'$<4'>9+$)==4>+%*()+(84+@48%&$4B
— F64+9)"<+'&&466+>'('+()+$)=+%*()+9)"<+C4+E)**4&(+"64<+H<);%$4+'*>+'>>+9)"<+"64<+H<);%$4+()+(84
"64<+$%6(B
— E<4'(4+'+*47+"64<+H<);%$4+>%<4&($9+;<):+(84+@48%&$4+%;+9)"+'<4+*)(+94(+<4=%6(4<4>+7%(8+C4
E)**4&(B
D;+9)"+>)+*)(+7'*(+()+$)=+%*()+)<+<4=%6(4<+7%(8+C4+E)**4&(L+'+="46(+"64<+H<);%$4+%6+'@'%$'#$4+%*+(84
D*;)('%*:4*(+696(4:B+C84*+&8'*=%*=+()+(84+="46(+"64<+H<);%$4L+(84+&"<<4*(+@48%&$4+64((%*=6+'<4
:'%*('%*4>B
.;(4<+$)==%*=+%*L+(84+@48%&$4+64((%*=6+6()<4>+)*$%*4+'<4+$)'>4>+'*>+'&(%@'(4>+%*+(84+@48%&$4B+C84*
9)"+$)=+%*()+'+@48%&$4+;)<+(84+;%<6(+(%:4+7%(8+9)"<+"64<+H<);%$4L+9)"+6('<(+7%(8+(84+;'&()<9+64((%*=6B

D;+9)"<+@48%&$4+8'6+64'(6+7%(8+:4:)<9+;"*&(%)*L+9)"+&'*+:'*"'$$9+&'*&4$+(84+'>)H(%)*+);
(84+64((%*=6+)*+(84+D*;)('%*:4*(+696(4:+>%6H$'9B

W'$%(>*#*6$>$#.(*#C(*==,15#6('$..5#6'
F64<6+&'*+#4+:'*'=4>+'*>+64((%*=6+64$4&(4>+784*+(84+%=*%(%)*+%6+67%(&84>+)*+(8<)"=8+(84+F64<
:'*'=4:4*(+:4*"+%*+(84+D*;)('%*:4*(+696(4:B+K4<4+9)"+&'*+$)=+%*+)<+<4=%6(4<+*47+"64<6+'*>
<4:)@4+6'@4>+"64<+H<);%$46+;<):+(84+D*;)('%*:4*(+696(4:+:4:)<9B+.6+(84+H<%:'<9+"64<+);+(84+@4,
8%&$4L+9)"+&'*+%*@%(4+64&)*>'<9+"64<6+84<4+'*>+'66%=*+(84:+:)#%$4+J496+UM+-46&<%H(%)*L+a)#%$4
J49V B
GH4*%*=+(84+"64<+:'*'=4:4*(+:4*"T
— 3'H+P*/6
P*/6+%*+(84+:'%*+:4*"B

GH4*+(84+64((%*=6+:4*"T
— 3'H+A/&8+
A/&8++%*+(84+"64<+:'*'=4:4*(+:4*"B

F"5.9/5#6(./$(+'$%(=%235,$
n)"+&'*+64$4&(+(84+"64<+H<);%$4+;<):+(84+"64<+:'*'=4:4*(+:4*"B+K4<4+9)"+&'*+'&(%@'(4+'*)(84<
"64<+H<);%$4+'@'%$'#$4+%*+(84+@48%&$4L+$)=+%*()+'*+45%6(%*=+C4+E)**4&(+"64<+H<);%$4+)<+<4=%6(4<+7%(8+'
*47+"64<+H<);%$4+%*+C4+E)**4&(B

:''56#5#6(*(8$/59,$(0$1(*+.2>*.59*,,1(.2(*(+'$%(=%235,$
C84*+(84+'"():'(%&+J49+'66%=*:4*(+%6+64$4&(4>L+)*4+);+(84+;)$$)7%*=+@48%&$4+J496+7%$$+#4+'6,
6%=*4>+()+(84+"64<+H<);%$4+784*+(84+'&&)"*(+%6+67%(&84>T
— X48%&$46+7%(8)"(+S49$466+.&&466T+384+<4:)(4+&)*(<)$+@48%&$4+J49+(8'(+7'6+"64>+()+"*$)&J+(84
@48%&$4+J49B
— X48%&$46+7%(8+S49$466+.&&466T+384+@48%&$4+J49+(8'(+%6+;%<6(+>4(4&(4>+#9+(84+H4<6)*'$%?'(%)*+;"*&,
(%)*+784*+(84+><%@4<d6+>))<+%6+)H4*4>B

D;+'"():'(%&+J49+'66%=*:4*(+%6+>4'&(%@'(4>L+(84+J49+'66%=*:4*(+%6+'$6)+>4$4(4>B+C84*+67%(&8%*=
)*+(84+D*;)('%*:4*(+696(4:L+(84+$'6(+'&(%@4+"64<+%*+(84+@48%&$4+%6+>%6H$'94>B

F1#9/%2#5'5#6(8$/59,$('$..5#6'
X48%&$4+64((%*=6+(8'(+'<4+&8'*=4>+%*+(84+@48%&$4+'<4+'"():'(%&'$$9+'66%=*4>+()+(84+'&(%@4+"64<+H<),
;%$4+'*>+'$6)+6()<4>+)*$%*4B+384+@48%&$4+64((%*=6+'<4+69*&8<)*%?4>+'"():'(%&'$$9+7%(8+(84+>'('
6'@4>+)*$%*4+%*+(84+;)$$)7%*=+6%("'(%)*6L+784*+(84<4+%6+'*+%*(4<*4(+&)**4&(%)*T
— C84*+67%(&8%*=+)*+(84+%=*%(%)*+'*>+(84+D*;)('%*:4*(+696(4:+U69*&8<)*%?46+'$$+<4&4*($9+"64>
"64<+H<);%$46+6'@4>+%*+(84+@48%&$4VB
— C84*+67%(&8%*=+()+'*)(84<+"64<+H<);%$4+U69*&8<)*%?46+(84+*47$9+'&(%@'(4>+'*>+(84+*)7+>4'&(%,
@'(4>+"64<+H<);%$4VB
— .(+(84+4*>+);+(84+(<%H+'*>+784*+67%(&8%*=+);;+(84+%=*%(%)*+U69*&8<)*%?46+(84+"64<+H<);%$4+(8'(
7'6+'&(%@4+$'6(VB

n)"+&'*+6('<(+(84+:'*"'$+69*&8<)*%?'(%)*+'(+'*9+(%:4+%*+(84+"64<+:'*'=4:4*(+:4*"+U4B=B+%;+'"(),
:'(%&+69*&8<)*%?'(%)*+>)46+*)(+('J4+H$'&4+784*+$)==%*=+%*VB+W9*&8<)*%?'(%)*+&'**)(+('J4+H$'&4
'"():'(%&'$$9+%;+(84+@48%&$4d6+)*$%*4+6('("6+%6+%:H'%<4>L+4B=B+%*+"*>4<=<)"*>+='<'=46L+)<+%;+9)"+8'@4
'&(%@'(4>+(84+ga'5%:":+H<%@'&9+64((%*=6h+:)>4B

D;+'*+%*'&(%@4+"64<+H<);%$4+%6+'&(%@4+%*+'*)(84<+@48%&$4+'*>+%;+64((%*=6+'<4+69*&8<)*%?4>
;<):+(84<4L+(8464+64((%*=6+7%$$+'$6)+#4+$)'>4>+()+9)"<+@48%&$4+'*>+'66%=*4>+()+(84+&)<<4,
6H)*>%*=+"64<+H<);%$4B

E+'.2>5V*4,$(8$/59,$('$..5#6'
384+@48%&$4+;"*&(%)*6+(8'(+&'*+#4+64(+>4H4*>+)*+(84+4I"%H:4*(B+W):4+;"*&(%)*6+(8'(+&'*+#4+H4<,
6)*'$%?4>+'<4+*)(+6()<4>+)*$%*4L+<'(84<+)*$9+'66%=*4>+$)&'$$9+()+(84+"64<+H<);%$4+%*+(84+@48%&$4B+384
;)$$)7%*=+;"*&(%)*6+&'*+#4+H4<6)*'$%?4>T
— GH4*%*=+'*>+&$)6%*=+U6%*=$4+>))<+"*$)&J%*=L+&)*@4*%4*&4+)H4*%*=L+7%*>)7VB
— C%*>68%4$>+7%H4<+64((%*=6B
— W4'(+64((%*=6
— b%=8(+'*>+@%47+U>'9(%:4+<"**%*=+$%=8(L+$)7+#4':+84'>$%=8(+("<*%*=+)*+(%:4L+O,#$%*J+("<*
6%=*'$VB
— E$%:'(4+&)*(<)$+696(4:+64((%*=6
— a"$(%,R"*&(%)*+-%6H$'9+'*>+%*6(<":4*(+&$"6(4<+U64$4&(%)*+);+>%6H$'96V
— K4'>,"H+>%6H$'9B
— D*;)('%*:4*(+696(4:+U<'>%)+64((%*=6L+*'@%='(%)*L+@)%&4+&)*(<)$VB

F*3$.1(35%'.

Q$#$%*,(5#32%>*.52#

!<4H'<%*=+;)<+><%@%*=+'*>+><%@%*=+6';4(9

n)"+:"6(+)#64<@4+(84+;)$$)7%*=+H)%*(6+#4;)<4+'*>+>"<%*=+4@4<9+><%@4+;)<+9)"<+)7*+6';4(9+'*>+;)<+(84
6';4(9+);+9)"<+H'664*=4<6+'*>+)(84<6+)*+(84+<)'>+M+ T
✓ a'J4+6"<4+(84+@48%&$4+$%=8(%*=+'*>+("<*+6%=*'$6+'<4+;"*&(%)*%*=+&)<<4&($9B

✓ E84&J+(84+(%<4+H<466"<4+'*>+;"4$+$4@4$+UM+3%<4+H<466"<4L+D*(<)>"&(%)*Y=4*4<'$+%*;)<:'(%)*V L+UM+R"4$
='"=4L+-46&<%H(%)*V B
✓ E84&J+(84+7'684<+;$"%>+$4@4$+UM+C'684<+;$"%>L+24;%$$%*=V B
✓ a'J4+6"<4+(84+7%*>)76+'<4+&$4'<+'*>+H<)@%>4+=))>+@%6%#%$%(9+UM+X48%&$4+&'<4+45(4<%)<L+E$4'*,
%*=Y&'<4V B
✓ 384+'%<+%*('J4+;)<+(84+4*=%*4+:"6(+*)(+#4+#$)&J4>B+384+4*=%*4+:"6(+*)(+#4+&)@4<4>+7%(8+&)@4<6+)<
%*6"$'(%)*+UM+D*+(84+4*=%*4+&):H'<(:4*(L+04*4<'$+6';4(9V B

✓ W4&"<4+'$$+)#A4&(6+'*>+$"=='=4+%*+(84+6()<'=4+&):H'<(:4*(6+'*>+(84+$"=='=4+&):H'<(:4*(+UM
3<'*6H)<(%*=L+-46&<%H(%)*V B
✓ D(+:"6(+#4+H)66%#$4+()+H<466+(84+H4>'$6+7%(8+*)+)#6(<"&(%)*6B

✓ W4&"<4+&8%$><4*+7%(8+&8%$>+<46(<'%*(+696(4:6+(8'(+'<4+'HH<)H<%'(4+;)<+(84%<+74%=8(+'*>+84%=8(+UM
E8%$>+<46(<'%*(6L+-46&<%H(%)*V B
✓ .>A"6(+(84+;<)*(+64'(6L+84'>+<46(<'%*(6L+'*>+:%<<)<6+'&&)<>%*=+()+(84+6%?4+);+(84+)&&"H'*(6+UM+W4'(,
%*=+H)6%(%)*L+-46&<%H(%)*V L+UM+a%<<)<6L+-46&<%H(%)*V B
✓ C4'<+68)46+(8'(+=%@4+9)"<+;44(+=))>+(<'&(%)*+;)<+)H4<'(%*=+(84+H4>'$6B

✓ 384+;$))<+:'(+%*+(84+><%@4<d6+6%>4+;))(74$$+:"6(+#4+J4H(+&$4'<+;<):+(84+H4>'$+'<4'+'*>+#4+64&"<4>B
✓ .66":4+(84+&)<<4&(+64'(%*=+H)6%(%)*+#4;)<4+><%@%*=+'*>+<4:'%*+(8'(+7'9+78%$4+><%@%*=B+38%6+'$6)
'HH$%46+()+'$$+H'664*=4<6+UM+W4'(%*=+H)6%(%)*L+-46&<%H(%)*V B

✓ R'6(4*+(84+6';4(9+#4$(+&)<<4&($9+#4;)<4+9)"+#4=%*+><%@%*=+'*>+J44H+%(+;'6(4*4>+78%$4+><%@%*=B+38%6
'$6)+'HH$%46+()+'$$+H'664*=4<6+UM+W';4(9+#4$(6L+-46&<%H(%)*V B

✓ 384+*":#4<+);+H'664*=4<6+:"6(+*)(+45&44>+(84+*":#4<+);+64'(6+'*>+6';4(9+#4$(6B

✓ /4@4<+><%@4+784*+%:H'%<4>L+;)<+45':H$4+#9+:4>%&'(%)*L+'$&)8)$L+)<+><"=6B

✓ /4@4<+'$$)7+9)"<64$;+()+#4+>%6(<'&(4>+;<):+(<';;%&L+;)<+45':H$4+#9+'>A"6(%*=+64((%*=6L+#9+)H4*%*=
:4*"6L+#9+H'664*=4<6L+)<+#9+H8)*4+&'$$6B

✓ .$7'96+'>'H(+9)"<+6H44>+'*>+><%@%*=+6(9$4+()+(84+&"<<4*(+@%6"'$L+74'(84<L+<)'>L+'*>+(<';;%&
&)*>%(%)*6B

✓ R)$$)7+><%@%*=+<"$46+'*>+H)6(4>+6H44>+$%:%(6B
✓ 3'J4+<4="$'<+#<4'J6+)*+$)*=+><%@46B+n)"+68)"$>+('J4+'+#<4'J+'(+$4'6(+4@4<9+(7)+8)"<6B

✓ W4&"<4+'*%:'$6+%*+(84+@48%&$4+<46(<'%*(+696(4:6+(8'(+'<4+'HH<)H<%'(4+;)<+(84%<+74%=8(+'*>+6%?4B

-<%@%*=+%*+)(84<+&)"*(<%46

D*+6):4+&)"*(<%46L+6H4&%'$+6';4(9+6('*>'<>6+'*>+<4="$'(%)*6+(8'(+>%;;4<+;<):+(84+@48%&$4+>46%=*+'HH$9B
X)$J67'=4*+<4&)::4*>6+)#('%*%*=+%*;)<:'(%)*+'#)"(+$4='$+<4="$'(%)*6+'*>+'#)"(+(84+;)$$)7%*=
H)%*(6+;<):+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+#4;)<4+><%,
@%*=+%*+)(84<+&)"*(<%46T
✓ -)+(4&8*%&'$+:)>%;%&'(%)*6+*44>+()+#4+:'>4+()+(84+@48%&$4+#4;)<4+><%@%*=+%*+)(84<+&)"*(<%46L+6"&8
'6+&)@4<%*=+)<+'>A"6(%*=+(84+84'>$%=8(6o

✓ .<4+(84+())$6L+>%'=*)6(%&+4I"%H:4*(L+'*>+<4H$'&4:4*(+H'<(6+(8'(+'<4+*44>4>+;)<+:'%*(4*'*&4+'*>
<4H'%<+7)<J+'@'%$'#$4o

✓ D6+(84<4+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+%*+(84+&)"*(<9
784<4+9)"+7%$$+#4+><%@%*=o
✓ .<4+;$"%>6+(8'(+:44(+X)$J67'=4*+6H4&%;%&'(%)*6+'@'%$'#$4+%*+(84+&)"*(<9+784<4+9)"+7%$$+#4+><%@%*=
UM+GH4<'(%*=+;$"%>6+'*>+4I"%H:4*(L+D*(<)>"&(%)*Y=4*4<'$+%*;)<:'(%)*V o
✓ C%$$+(84+*'@%='(%)*+;"*&(%)*+%*+(84+;'&()<9,%*6('$$4>+D*;)('%*:4*(+696(4:+7)<J+7%(8+(84+45%6(%*=
*'@%='(%)*+>'('+%*+(84+&)"*(<9+784<4+9)"+7%$$+#4+><%@%*=o

✓ .<4+6H4&%'$+(%<46+*44>4>+%*+(84+&)"*(<9+784<4+9)"+7%$$+#4+><%@%*=o

✓ D6+'+;%<4+45(%*="%684<+<4I"%<4>+%*+(84+&)"*(<9+784<4+9)"+7%$$+#4+><%@%*=o

✓ C8'(+'<4+(84+<4I"%<4:4*(6+;)<+'+<4;$4&(%@4+@46(o

✓ D6+;"4$+7%(8+6";;%&%4*(+I"'$%(9+'@'%$'#$4+UM+R"4$+'*>+4:%66%)*6+&)*(<)$+696(4:L+-46&<%H(%)*V o

E84&J6+784*+<4;"4$%*=

G*$9+H4<;)<:+7)<J+)*+(84+4*=%*4+'*>+%*+(84+4*=%*4+&):H'<(:4*(+%;+9)"+'<4+;':%$%'<+7%(8+(84+*4&46,
6'<9+6(4H6+'*>+(84+=4*4<'$+6';4(9+H<4&'"(%)*6L+'*>+%;+(84+&)<<4&(+)H4<'(%*=+4I"%H:4*(L+;$"%>6L+'*>
6"%('#$4+())$6+'<4+'@'%$'#$4+UM+D*+(84+4*=%*4+&):H'<(:4*(L+04*4<'$+6';4(9V i+K'@4+'$$+7)<J+H4<;)<:4>
#9+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B+a'J4+6"<4+(8'(+(84
;)$$)7%*=+%(4:6+'<4+&84&J4>+<4="$'<$9T
✓ C'684<+;$"%>+$4@4$+UM+C'684<+;$"%>L+24;%$$%*=V B

✓ 1*=%*4+)%$+$4@4$+UM+1*=%*4+)%$L+-46&<%H(%)*V B

✓ 1*=%*4+&))$'*(+$4@4$+UM+1*=%*4+&))$'*(L+-46&<%H(%)*V B

✓ [<'J4+;$"%>+$4@4$+UM+[<'J4+;$"%>L+W('*>'<>6Y>%<4&(%@46V B
✓ 3%<4+H<466"<4+UM+3%<4+H<466"<4L+D*(<)>"&(%)*Y=4*4<'$+%*;)<:'(%)*V B

✓ X48%&$4+$%=8(%*=+UM+15(4<%)<+$%=8(%*=L+-46&<%H(%)*V +(8'(+%6+*4&466'<9+;)<+><%@%*=+6';4$9T
— 3"<*+6%=*'$6
— !'<J%*=+$%=8(6L+$)7+#4':+84'>$%=8(6L+'*>+8%=8+#4':+84'>$%=8(6
— 3'%$$%=8(6
— [<'J4+$%=8(6
— 24'<+;)=+$%=8(6
— b%&4*64+H$'(4+$%=8(6

D*;)<:'(%)*+)*+&8'*=%*=+#"$#6+UM+15(4<%)<+$%=8(%*=L+-46&<%H(%)*V B

-./012
/)(4+(84+%:H)<('*(+6';4(9+H<4&'"(%)*6+;)<+(84+;<)*(+H'664*=4<c6+'%<#'=+UM+E8%$>+<46(<'%*(6L+04*4<'$
6';4(9V B

C.2/D/0
-<%@%*=+"*>4<+(84+%*;$"4*&4+);+'$&)8)$L+><"=6L+:4>%&'(%)*L+'*>+H<46&<%H(%)*+*'<&)(%&6+&'*+&'"64+64<%,
)"6+'&&%>4*(6+'*>+;'('$+%*A"<%46B
● .$&)8)$L+><"=6L+:4>%&'(%)*L+'*>+H<46&<%H(%)*+*'<&)(%&6+&'*+&)*6%>4<'#$9+%:H'%<+H4<&4H(%)*L+<4'&,
(%)*+(%:46L+'*>+><%@%*=+6';4(9L+78%&8+&'*+<46"$(+%*+$)66+);+@48%&$4+&)*(<)$B
C.2/D/0
.$7'96+;)$$)7+(84+'HH$%&'#$4+><%@%*=+<4="$'(%)*6+'*>+6H44>+$%:%(6+'*>+><%@4+H<)'&(%@4$9B+1@'$"'(%*=
><%@%*=+6%("'(%)*6+&)<<4&($9+&'*+#4+(84+>%;;4<4*&4+#4(744*+6';4$9+<4'&8%*=+9)"<+>46(%*'(%)*+'*>+#4,
%*=+%*@)$@4>+%*+'+&)$$%6%)*+7%(8+64<%)"6+%*A"<%46B

/G3DE1
X)$J67'=4*+%6+*)(+<46H)*6%#$4+;)<+>':'=4+()+(84+@48%&$4+&'"64>+#9+6"#6('*>'<>+;"4$L+%*6";;%&%4*(
64<@%&4L+)<+*)(+"6%*=+X)$J67'=4*+04*"%*4+H'<(6B

R)$$)7+'$$+7'<*%*=+'*>+%*;)<:'(%)*+;)<+@48%&$46+7%(8+'*+/N+&4<(%;%&'(4+UM+/N+&4<(%;%&'(4L+-4,
6&<%H(%)*V B

K'@%*=+(84+@48%&$4+64<@%&4>+<4="$'<$9+*)(+)*$9+:'%*('%*6+(84+@'$"4+);+(84+@48%&$4L+#"(+'$6)
&)*(<%#"(46+()+)H4<'(%)*'$+6';4(9+'*>+<)'>7)<(8%*466B+384<4;)<4L+8'@4+:'%*(4*'*&4+H<)&4,
>"<46+H4<;)<:4>+'&&)<>%*=+()+X)$J67'=4*+%*6(<"&(%)*6B+F*>4<+45(<4:4+)H4<'(%*=+&)*>%(%)*6L
6):4+7)<J+:'9+*44>+()+#4+H4<;)<:4>+#4;)<4+(84+*45(+64<@%&4+%6+>"4B+15(<4:4+)H4<'(%*=
&)*>%(%)*6+&'*+%*&$">4+;<4I"4*(+g6()H,'*>,=)+><%@%*=h+)<+><%@%*=+%*+'<4'6+7%(8+'+$)(+);+>"6(+%*
(84+'%<B+n)"+&'*+)#('%*+'>>%(%)*'$+%*;)<:'(%)*+;<):+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'",
(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B

F$*.5#6(=2'5.52#

G#.%2C+9.52#

J+>4$%(23('$*.'
384+@48%&$4+8'6+'+()('$+);+;%@4
;%@4+64'(6T+(7)+64'(6+%*+(84+;<)*(+'*>+(8<44+64'(6+%*+(84+#'&JB
1@4<9+64'(+%6+4I"%HH4>+7%(8+'+6';4(9+#4$(B

C.2/D/0
W%((%*=+%*&)<<4&($9+%*+(84+@48%&$4+&'*+%*&<4'64+(84+<%6J+);+64<%)"6+)<+;'('$+%*A"<%46+>"<%*=+6">>4*
><%@%*=+)<+#<'J%*=+:'*4"@4<6L+%*+(84+4@4*(+);+'+&)$$%6%)*+)<+'&&%>4*(L+'*>+%;+(84+'%<#'=6+'<4
>4H$)94>B
● [4;)<4+(84+@48%&$4+6('<(6+()+:)@4L+'$$+@48%&$4+)&&"H'*(6+:"6(+'$7'96+#4+%*+(84+&)<<4&(+64'(,
%*=+H)6%(%)*+'*>+:'%*('%*+%(+78%$4+><%@%*=B+W';4(9+#4$(6+:"6(+'$6)+#4+;'6(4*4>+'*>+<4:'%*
;'6(4*4>B
● 384+*":#4<+);+H4<6)*6+%*+(84+@48%&$4+:"6(+*)(+45&44>+(84+*":#4<+);+64'(6+7%(8+6';4(9+#4$(6B
● .$7'96+64&"<4+&8%$><4*+%*+(84+@48%&$4+7%(8+'*+'HH<)@4>+'*>+6"%('#$4+&8%$>+<46(<'%*(+'&&)<>%*=
()+(84+&8%$>d6+#)>9+6%?4+'*>+74%=8(+UM+E8%$>+<46(<'%*(6L+-46&<%H(%)*V +'*>+UM+.%<#'=+696(4:L
-46&<%H(%)*V +UM+.>@'*&4>+.%<#'=+W96(4:L+-46&<%H(%)*V B
● .$7'96+J44H+;44(+%*+(84+;))(74$$+78%$4+><%@%*=B+R)<+45':H$4L+*4@4<+<46(+;44(+)*+(84+64'(+)<+)*
(84+%*6(<":4*(+H'*4$+'*>+*4@4<+6(%&J+;44(+)"(+);+(84+7%*>)7B+G(84<7%64L+%;+(84+'%<#'=+'*>
(84+6';4(9+#4$(+>4H$)9L+(849+&)"$>+%*&<4'64+(84+<%6J+);+%*A"<9+%*+(84+4@4*(+);+'*+'&&%>4*(+%*,
6(4'>+);+H<)@%>%*=+H<)(4&(%)*B
@5'0(23(5#N+%1(C+$(.2(*#(5#92%%$9.('$*.5#6(=2'5.52#

384+<%6J+);+64<%)"6+)<+;'('$+%*A"<%46+7%$$+%*&<4'64+%;+6';4(9+#4$(6+'<4+*)(+7)<*+)<+'<4+%*&)<<4&($9+;'6,
(4*4>B+W';4(9+#4$(6+&'*+)*$9+'&8%4@4+(84+)H(%:":+H<)(4&(%)*+%;+(849+'<4+<)"(4>+&)<<4&($9B+.*+%*,
&)<<4&(+64'(%*=+H)6%(%)*+6%=*%;%&'*($9+%:H'%<6+(84+H<)(4&(%@4+;"*&(%)*+);+(84+6';4(9+#4$(B+38%6+&)"$>
<46"$(+%*+64<%)"6+)<+;'('$+%*A"<%46B+384+<%6J+);+64<%)"6+)<+;'('$+%*A"<%46+%*&<4'646+4@4*+:)<4+%;+'+>4,
H$)94>+'%<#'=+6(<%J46+'+H'664*=4<+78)+%6+6%((%*=+%*+'*+%*&)<<4&(+64'(%*=+H)6%(%)*B+384+><%@4<+%6+<4,
6H)*6%#$4+;)<+'$$+@48%&$4+)&&"H'*(6+'*>+46H4&%'$$9+;)<+&8%$><4*+78)+'<4+#4%*=+(<'*6H)<(4>+%*+(84
@48%&$4B
384+;)$$)7%*=+$%6(+%*&$">46+45':H$46+);+64'(%*=+H)6%(%)*6+(8'(+&)"$>+#4+>'*=4<)"6+;)<+'$$+@48%&$4
)&&"H'*(6B

K/$(32,,2"5#6(=25#.'(*,"*1'(*==,1("/$#(./$(8$/59,$(5'(5#(>2.52#X
— /4@4<+6('*>+%*6%>4+(84+@48%&$4B
— /4@4<+6('*>+)*+(84+64'(6B
— /4@4<+J*44$+)*+(84+64'(6B
— /4@4<+(%$(+9)"<+64'(+#'&J<46(+())+;'<+#'&JB
— /4@4<+$4'*+'='%*6(+(84+%*6(<":4*(+H'*4$B
— /4@4<+$'9+>)7*+%*+(84+H'664*=4<+&):H'<(:4*(+)<+)*+(84+<4'<+#4*&8+64'(B
— /4@4<+6%(+)*$9+)*+(84+;<)*(+64&(%)*+);+(84+64'(B
— /4@4<+6%(+6%>47'96+)*+(84+64'(B
— /4@4<+$4'*+'='%*6(+(84+7%*>)7B
— /4@4<+H$'&4+9)"<+;44(+)"(+);+(84+7%*>)7B
— /4@4<+H$'&4+9)"<+;44(+)*+(84+%*6(<":4*(+H'*4$B
— /4@4<+H$'&4+9)"<+;44(+)*+(84+64'(+&"68%)*+)<+)*+(84+64'(+#'&J<46(B
— /4@4<+<%>4+%*+(84+;))(74$$B
— /4@4<+6%(+)*+(84+'<:<46(6B
— /4@4<+><%@4+)<+<%>4+%*+'+64'(+7%(8)"(+;'6(4*%*=+9)"<+6';4(9+#4$(B
— /4@4<+<%>4+%*+(84+(<"*JB

C.2/D/0
D*&)<<4&(+64'(%*=+H)6%(%)*6+%*+(84+@48%&$4+%*&<4'64+(84+<%6J+);+64<%)"6+)<+;'('$+%*A"<%46+%*+(84
4@4*(+);+'*+'&&%>4*(+)<+6">>4*+><%@%*=+'*>+#<'J%*=+:'*4"@4<6B
● .$$+@48%&$4+)&&"H'*(6+:"6(+'$7'96+6%(+%*+(84+&)<<4&(+64'(%*=+H)6%(%)*+'*>+8'@4+(84%<+)7*
6';4(9+#4$(6+&)<<4&($9+;'6(4*4>+78%$4+><%@%*=B
● D*&)<<4&(+64'(%*=+H)6%(%)*6L+;'%$"<4+()+74'<+'+6';4(9+#4$(L+)<+#4%*=+())+&$)64+()+'*+'%<#'=+%*,
&<4'646+(84+<%6J+);+64<%)"6+%*A"<9+)<+>4'(8+()+@48%&$4+)&&"H'*(6L+46H4&%'$$9+%;+(84+'%<#'=6+>4,
H$)9+'*>+&):4+%*()+&)*('&(+7%(8+)&&"H'*(6+78)+'<4+*)(+64'(4>+&)<<4&($9B

E2%%$9.('$*.5#6(=2'5.52#
R%=B+
R%=B+NN+ 04*4<'$+45':H$4T+&)<<4&(+>%6('*&4+#4(744*+(84+><%@4<+'*>+6(44<%*=+7844$L+&)<<4&(+6';4(9
#4$(+<)"(%*=L+'*>+&)<<4&(+84'>+<46(<'%*(+'>A"6(:4*(B

384+&)<<4&(+64'(%*=+H)6%(%)*6+;)<+(84+><%@4<+'*>+H'664*=4<6+'<4+6H4&%;%4>+%*+(84+%*;)<:'(%)*+(8'(
;)$$)76B
D;+%*>%@%>"'$6+&'**)(+'&8%4@4+(84+&)<<4&(+64'(%*=+H)6%(%)*+>"4+()+H896%&'$+&)*>%(%)*6L+&)*('&(+'*
'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+;)<+:)<4+%*;)<:'(%)*
'#)"(+H)66%#$4+6H4&%'$+:)>%;%&'(%)*6B+384+6';4(9+#4$(+'*>+'%<#'=6+)*$9+H<)@%>4+(84+)H(%:":+H<),
(4&(%)*+784*+@48%&$4+)&&"H'*(6+'<4+64'(4>+%*+'+&)<<4&(+64'(%*=+H)6%(%)*B+X)$J67'=4*+<4&):,
:4*>6+&)*('&(%*=+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B
R)<+9)"<+6';4(9+'*>+()+<4>"&4+(84+<%6J+);+%*A"<%46+%*+(84+4@4*(+);+'+6">>4*+#<'J%*=+:'*4"@4<+)<
'&&%>4*(L+X)$J67'=4*+<4&)::4*>6+(84+;)$$)7%*=+64'(%*=+H)6%(%)*6T

K/$(32,,2"5#6(*==,5$'(.2(*,,(8$/59,$(299+=*#.'X
— .>A"6(+(84+84'>+<46(<'%*(+6)+(8'(+(84+"HH4<+4>=4+);+(84+84'>+<46(<'%*(+%6+%*+$%*4+7%(8+(84+"HH4<
H)<(%)*+);+(84+84'>+'6+:"&8+'6+H)66%#$4L+#"(+*)(+$)74<+(8'*+494+$4@4$B+!)6%(%)*+(84+#'&J+);+(84
84'>+'6+&$)64+'6+H)66%#$4+()+(84+84'>+<46(<'%*(+M+;%=B+N B
— R)<+68)<(4<+%*>%@%>"'$6L+6$%>4+(84+84'>+<46(<'%*(+'$$+(84+7'9+>)7*7'<>L+4@4*+%;+(84+84'>+%6+(84*
#4$)7+(84+"HH4<+4>=4+);+(84+84'>+<46(<'%*(B
— R)<+('$$4<+%*>%@%>"'$6L+:)@4+(84+84'>+<46(<'%*(+"H7'<>+'$$+(84+7'9B
— S44H+#)(8+;44(+%*+(84+;))(74$$+78%$4+><%@%*=B
— .>A"6(+'*>+;'6(4*+(84+6';4(9+#4$(6+&)<<4&($9+UM+W';4(9+#4$(6L+-46&<%H(%)*V B

K/$(32,,2"5#6(*CC5.52#*,(=25#.'(*==,1(.2(./$(C%58$%X
— !)6%(%)*+(84+64'(+#'&J<46(+%*+'*+"H<%=8(+H)6%(%)*L+6)+(8'(+9)"<+#'&J+<46(6+&):H$4(4$9+)*+(84
64'(+#'&J<46(B
— .>A"6(+(84+64'(+6)+(8'(+(84+>%6('*&4+#4(744*+(84+6(44<%*=+7844$+'*>+9)"<+&846(+%6+'(+$4'6(
Q\+&:+U'<)"*>+NP+%*&846V+M+;%=B+N+ . +'*>+9)"+&'*+8)$>+(84+6(44<%*=+7844$+;%<:$9+'(+(84+6%>46
7%(8+#)(8+8'*>6+'*>+9)"<+4$#)76+6$%=8($9+#4*(B
— 384+6(44<%*=+7844$+:"6(+'$7'96+;'&4+(84+&846(+'*>+*)(+#4+>%<4&(4>+()7'<>+(84+;'&4B
— .>A"6(+(84+;)<7'<>Y#'&J+H)6%(%)*+);+(84+><%@4<+64'(+6)+(8'(+9)"+&'*+H<466+(84+H4>'$6+78%$4+9)"<
$4=6+'<4+6$%=8($9+#4*(+'*>+(84<4+%6+'(+$4'6(+NP+&:+U'<)"*>+Z+%*&846V+);+6H'&4+#4(744*+(84+%*,
6(<":4*(+H'*4$+'*>+9)"<+J*446+M+;%=B+N+ [ B
— .>A"6(+(84+><%@4<d6+64'(+6)+(8'(+(84+()H+H)%*(+);+(84+6(44<%*=+7844$+&'*+#4+<4'&84>B
— .$7'96+J44H+#)(8+;44(+%*+(84+;))(74$$+()+J44H+&)*(<)$+);+(84+@48%&$4+'(+'$$+(%:46B
— .>A"6(+'*>+;'6(4*+(84+6';4(9+#4$(6+&)<<4&($9+UM+W';4(9+#4$(6L+-46&<%H(%)*V B

K/$(32,,2"5#6(*CC5.52#*,(=25#.'(*==,1(.2(./$(3%2#.(=*''$#6$%X
— !)6%(%)*+(84+64'(+#'&J<46(+%*+'*+"H<%=8(+H)6%(%)*L+6)+(8'(+9)"<+#'&J+<46(6+&):H$4(4$9+)*+(84
64'(+#'&J<46(B
— a)@4+(84+;<)*(+H'664*=4<d6+64'(+#'&J+'6+;'<+'6+H)66%#$4+6)+(8'(+(84+'%<#'=+&'*+H<)@%>4+)H(%,
:":+H<)(4&(%)*+%;+%(+>4H$)96B

F*3$.1(4$,.'

G#.%2C+9.52#

E84&J+(84+&)*>%(%)*+);+'$$+);+(84+6';4(9+#4$(6+<4="$'<$9B+D;+(84<4+%6+>':'=4+()+(84+#4$(+74##%*=L
(84+#4$(+&)**4&(%)*6L+(84+<4(<'&()<L+)<+(84+#"&J$4L+8'@4+(84+';;4&(4>+6';4(9+#4$(+<4H$'&4>+%::4>%,
'(4$9+#9+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+M+ B+384
'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+:"6(+"64+(84+&)<<4&(
H'<(6+;)<+(84+@48%&$4L+(<%:+$4@4$L+'*>+:)>4$+94'<B+X)$J67'=4*+<4&)::4*>6+&)*('&(%*=+'*+'"(8),
<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B
C.2/D/0
384+<%6J+);+64<%)"6+'*>+;'('$+%*A"<%46+%*&<4'646+%;+(84+6';4(9+#4$(6+'<4+*)(+7)<*+)<+'<4+7)<*+%*&)<,
<4&($9B+384+)H(%:":+H<)(4&(%)*+%6+)*$9+'&8%4@4>+%;+(84+6';4(9+#4$(6+'<4+7)<*+'*>+"64>+&)<<4&($9B
● W';4(9+#4$(6+'<4+(84+:)6(+4;;4&(%@4+7'9+()+<4>"&4+(84+<%6J+);+64<%)"6+'*>+;'('$+%*A"<%46+%*+'
&)$$%6%)*B+3)+H<)(4&(+(84+><%@4<+'*>+H'664*=4<6L+(84+6';4(9+#4$(6+:"6(+'$7'96+#4+7)<*+&)<,
<4&($9+784*+(84+@48%&$4+%6+%*+:)(%)*B
● [4;)<4+4@4<9+(<%HL+4@4<9)*4+%*+(84+@48%&$4+:"6(+64'(+(84:64$@46+&)<<4&($9L+;'6(4*+(84+6';4(9
#4$(+(8'(+#4$)*=6+()+(84+64'(+(849+'<4+"6%*=L+'*>+J44H+%(+;'6(4*4>+78%$4+(84+@48%&$4+%6+%*+:),
(%)*B+38%6+'HH$%46+()+'$$+H'664*=4<6+'*>+'(+'$$+(%:46L+%*&$">%*=+>"<%*=+&%(9+><%@%*=B
● W4&"<4+&8%$><4*+%*+(84+@48%&$4+7%(8+'+&8%$>+<46(<'%*(+(8'(+%6+'HH<)H<%'(4+;)<+(84%<+74%=8(+'*>
84%=8(+'*>+7%(8+(84+6';4(9+#4$(+"64>+&)<<4&($9+UM+E8%$>+<46(<'%*(6L+-46&<%H(%)*V B
● G*$9+#4=%*+><%@%*=+)*&4+'$$+H'664*=4<6+'<4+74'<%*=+(84%<+)7*+6';4(9+#4$(6+&)<<4&($9B
● D*64<(+'*>+$'(&8+(84+#"&J$4+()*="4+%*+(84+6';4(9+#4$(+#"&J$4+(8'(+#4$)*=6+()+(8'(+64'(B+F6%*=
'+#"&J$4+;<):+'*)(84<+64'(+<4>"&46+(84+H<)(4&(%)*+H<)@%>4>+#9+(84+6';4(9+#4$(+'*>+&'*+&'"64
64<%)"6+%*A"<%46B
● /4@4<+'$$)7+;)<4%=*+)#A4&(6+)<+;$"%>+()+4*(4<+(84+6$)(6+%*+(84+#4$(+#"&J$46B+38%6+&)"$>+%:H'%<
(84+;"*&(%)*+);+(84+#4$(+#"&J$46+'*>+6';4(9+#4$(6B
● /4@4<+"*;'6(4*+(84+6';4(9+#4$(+78%$4+(84+@48%&$4+%6+%*+:)(%)*B
● W4&"<4+)*$9+)*4+H4<6)*+7%(8+'+6';4(9+#4$(B
● /4@4<+'$$)7+&8%$><4*+)<+%*;'*(6+()+<%>4+)*+'*9)*4d6+$'H+'*>+()+#4+64&"<4>+()=4(84<+7%(8+'*9,
)*4+%*+(84+6':4+6';4(9+#4$(B
● -)+*)(+74'<+45(<4:4$9+#"$J9L+$))64+&$)(8%*=+%*+(84+@48%&$4L+6"&8+'6+'+&)'(+)@4<+'+6H)<(6+A'&J,
4(L+#4&'"64+(8%6+&)"$>+%:H'%<+(84+;"*&(%)*+);+(84+64'(+'*>+(84+6';4(9+#4$(B

C.2/D/0
-':'=4>+6';4(9+#4$(6+&<4'(4+'+64<%)"6+<%6J+'*>+&'*+&'"64+64<%)"6+)<+;'('$+%*A"<%46B
● /4@4<+'$$)7+6';4(9+#4$(6+()+#4&):4+&'"=8(+%*+(84+>))<+)<+(84+64'(+:4&8'*%6:6+#4&'"64+(84
#4$(6+&)"$>+#4+>':'=4>B
● D;+(84+#4$(+74##%*=+)<+)(84<+H'<(6+);+(84+6';4(9+#4$(+'<4+>':'=4>L+(84+6';4(9+#4$(6+&)"$>+(4'<
>"<%*=+'+&)$$%6%)*+)<+6">>4*+#<4'J%*=+:'*4"@4<B
● K'@4+>':'=4>+6';4(9+#4$(6+<4H$'&4>+%::4>%'(4$9+7%(8+*47+6';4(9+#4$(6+(8'(+'<4+'HH<)@4>
;)<+(84+@48%&$4+#9+X)$J67'=4*B+W';4(9+#4$(6+(8'(+'<4+6(<4(&84>+>"<%*=+'+&)$$%6%)*+:"6(+#4+<4,
H$'&4>+#9+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B+D(+:'9
#4+*4&466'<9+()+<4H$'&4+(84:+4@4*+%;+(84<4+%6+*)+@%6%#$4+>':'=4B+384+'*&8)<6+;)<+(84+6';4(9
#4$(6+:"6(+'$6)+#4+&84&J4>B
● /4@4<+(<9+()+<4H'%<L+:)>%;9L+)<+<4:)@4+(84+6';4(9+#4$(6+9)"<64$;B+K'@4+'$$+<4H'%<6+()+6';4(9
#4$(6L+6';4(9+#4$(+<4(<'&()<6L+'*>+#"&J$4+&):H)*4*(6+H4<;)<:4>+)*$9+#9+'*+'"(8)<%?4>+X)$J,
67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B

-*%#5#6(,56/.
R%=B+
R%=B+NN+ D*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9T+7'<*%*=+$%=8(B

R%=B+
R%=B+QQ+ D*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9T+6';4(9+#4$(+6('("6+%*>%&'()<+;)<+(84+<4'<+64'(6B

D;+(84+6';4(9+#4$(6+'<4+*)(+;'6(4*4>+784*+9)"+#4=%*+><%@%*=+'*>+'(+'+6H44>+);+)@4<+'<)"*>+N\+:H8
UQ\+J:Y8VL+)<+%;+(84+6';4(9+#4$(6+'<4+"*;'6(4*4>+>"<%*=+'+A)"<*49L+'+7'<*%*=+&8%:4+6)"*>6+;)<+64@,
4<'$+64&)*>6+%;+(84+><%@4<+)<+;<)*(+H'664*=4<+64'(+%6+)&&"H%4>+#9+'*+'>"$(B+384+<4>+M+;%=B+N
7'<*%*=+$%=8(+7%$$+'$6)+#$%*JB
C84*+(84+%=*%(%)*+%6+67%(&84>+)*L+(84+<4>+ +7'<*%*=+$%=8(+)*$9+("<*6+);;+';(4<+'$$+@48%&$4+)&&",
H'*(6+8'@4+;'6(4*4>+(84%<+6';4(9+#4$(6B

F*3$.1(4$,.('.*.+'(5#C59*.2%(32%(./$(%$*%('$*.'
C84*+(84+%=*%(%)*+%6+67%(&84>+)*L+(84+64'(+#4$(+6('("6+%*>%&'()<+M+;%=B+Q +%*+(84+%*6(<":4*(+&$"6(4<
>%6H$'9L+68)76+(84+><%@4<+784(84<+H)(4*(%'$+'>"$(+H'664*=4<6+%*+(84+<4'<+64'(6+8'@4+(84%<+64'(
#4$(6+;'6(4*4>B
384+;)$$)7%*=+69:#)$6+$%=8(+"H+%*+>%;;4<4*(+&)$)<6+>4H4*>%*=+)*+78%&8+64'(6+'<4+)&&"H%4>+'*>
78'(+(84+64'(+#4$(+6('("6+%6T

C84*+(84+69:#)$+%6+<4>L+(8%6+%*>%&'(46+(8'(+(84+H'664*=4<+%*+(8%6+64'(+8'6+*)(+;'6(4*4>
g(84%<h+6';4(9+#4$(B

C84*+(84+69:#)$+%6+=<44*L+(8%6+%*>%&'(46+(8'(+(84+H'664*=4<+%*+(8%6+64'(+8'6+;'6(4*4>
g(84%<h+6';4(9+#4$(B

C84*+(84+69:#)$+%6+78%(4L+(8%6+%*>%&'(46+(8'(+(8%6+64'(+%6+*)(+)&&"H%4>B

?*'.$#('$*.(4$,.'(%$>5#C$%(32%(./$(%$*%('$*.'
D;+'+<4'<+64'(+64'(+#4$(+%6+"*;'6(4*4>+>"<%*=+(84+A)"<*49L+(84+69:#)$+;)<+(8'(+64'(+ +%6+H4<:'*4*(,
$9+<4>B+384+<4>+ +7'<*%*=+$%=8(+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9+7%$$+'$6)+#$%*J+M+;%=B+N B+D;+><%@%*=
'(+6H44>6+;'6(4<+(8'*+'HH<)5%:'(4$9+N\+:H8+UQ\+J:Y8VL+'+7'<*%*=+&8%:4+7%$$+'$6)+6)"*>B

C.2/D/0
384+<%6J+);+64<%)"6+'*>+;'('$+%*A"<%46+%*&<4'646+%;+(84+6';4(9+#4$(6+'<4+*)(+7)<*+)<+'<4+7)<*+%*&)<,
<4&($9B+384+)H(%:":+H<)(4&(%)*+%6+)*$9+'&8%4@4>+%;+(84+6';4(9+#4$(6+'<4+7)<*+'*>+"64>+&)<<4&($9B

C.2/D/0
384+;'6(4*+64'(+#4$(6+<4:%*>4<+%6+>46%=*4>+()+<4&)=*%?4+'>"$(+@48%&$4+)&&"H'*(6B+.+64'(+)&&",
H%4>+#9+'+$%=8(+H4<6)*L+H'<(%&"$'<$9+#9+&8%$><4*L+:'9+*)(+*4&466'<%$9+#4+<4&)=*%?4>B+384+;'6(4*
64'(+#4$(6+<4:%*>4<+>)46+*)(+<4'&(L+)<+8'6+$%:%(4>+<4'&(%)*6+784*+'+&8%$>+64'(+)<+64'(+&"68%)*+%6
%*+"64B
● .$7'96+4*6"<4+(8'(+'$$+@48%&$4+)&&"H'*(6L+46H4&%'$$9+&8%$><4*L+8'@4+(84%<+64'(+#4$(+&)<<4&($9
;'6(4*4>B

?%2#.*,(92,,5'52#'(*#C(./$(,*"'(23(=/1'59'
R%=B+
R%=B+NN+ .+@48%&$4+7%(8+H'664*=4<6+78)+'<4+*)(+74'<%*=+6';4(9+#4$(6+><%@46+()7'<>+'+7'$$B

R%=B+
R%=B+QQ+ .+@48%&$4+7%(8+H'664*=4<6+78)+'<4+*)(+74'<%*=+6';4(9+#4$(6+&)$$%>46+7%(8+'+7'$$B

384+H896%&'$+H<%*&%H$4+);+'+;<)*('$+&)$$%6%)*+%6+'+6%:H$4+&)*&4H(B+G*&4+(84+@48%&$4+%6+%*+:)(%)*L+(84
@48%&$4+'*>+%(6+H'664*=4<6+H)66466+4*4<=9+&'$$4>+gJ%*4(%&+4*4<=9h+M+;%=B+N B
384+8%=84<+(84+@48%&$4+6H44>+'*>+(84+8%=84<+(84+74%=8(L+(84+:)<4+4*4<=9+:"6(+#4+'#6)<#4>+%*
(84+4@4*(+);+'+&)$$%6%)*B
K)74@4<L+(84+@48%&$4+6H44>+%6+(84+:)<4+6%=*%;%&'*(+;'&()<B+R)<+45':H$4L+%;+(84+6H44>+>)"#$46+;<):
'HH<)5%:'(4$9+N\+:H8+UQ\+J:Y8V+()+OP+:H8+U\P+J:Y8VL+(84*+(84+J%*4(%&+4*4<=9+I"'><"H$46B
384+':)"*(+);+gJ%*4(%&+4*4<=9h+>4H4*>6+=<4'($9+)*+(84+@48%&$4+6H44>+'*>+)*+(84+74%=8(+);+(84
@48%&$4+'*>+(84+H'664*=4<6B+D;+6H44>+'*>+74%=8(+%*&<4'64L+:)<4+4*4<=9+:"6(+#4+'#6)<#4>+%*+(84
4@4*(+);+'*+'&&%>4*(B
!'664*=4<6+78)+'<4+*)(+74'<%*=+6';4(9+#4$(6+'<4+'$6)+*)(+g&)**4&(4>h+()+(84+@48%&$4B+D*+'+;<)*('$
&)$$%6%)*L+%*>%@%>"'$6+78)+'<4+*)(+74'<%*=+6';4(9+#4$(6+7%$$+&)*(%*"4+()+:)@4+'(+(84+6':4+6H44>
(84+@48%&$4+7'6+:)@%*=+#4;)<4+(84+&)$$%6%)*L+"*(%$+6):4(8%*=+6()H6+(84%<+:)@4:4*(B+W%*&4+(84+@4,
8%&$4+)&&"H'*(6+%*+(84+45':H$4+'<4+*)(+74'<%*=+6';4(9+#4$(6L+(84+4*(%<4+':)"*(+);+J%*4(%&+4*4<=9
H)664664>+#9+(84+@48%&$4+)&&"H'*(6+7)"$>+)*$9+#4+'#6)<#4>+#9+(84+%:H'&(+)*+(84+7'$$+M+;%=B+Q B
.(+6H44>6+);+'HH<)5%:'(4$9+N`+:H8+UOP+J:Y8V+()+'HH<)5%:'(4$9+ON+:H8+U\P+J:Y8VL+(84+;)<&4+'H,
H$%4>+'='%*6(+(84+#)>%46+);+H'664*=4<6+&'*+4'6%$9+45&44>+QPPP+$#6+UNPPP+J=V+%*+(84+4@4*(+);+'+&)$,
$%6%)*B+384+;)<&4+'HH$%4>+'='%*6(+'+H4<6)*c6+#)>9+7%$$+%*&<4'64+4@4*+:)<4+'(+8%=84<+6H44>6B
38%6+45':H$4+'HH$%46+*)(+A"6(+()+;<)*('$+&)$$%6%)*6L+#"(+()+'$$+(9H46+);+'&&%>4*(6+'*>+&)$$%6%)*6B

-/*.(/*==$#'(.2(8$/59,$(299+=*#.'("/2(C2(#2.("$*%('*3$.1
4$,.'T

R%=B+
R%=B+NN+ .+><%@4<+*)(+74'<%*=+'+6';4(9+#4$(+%6+H<)H4$$4>+;)<7'<>B
R%=B+
R%=B+QQ+ .+H'664*=4<+%*+(84+<4'<+64'(+78)+%6+*)(+74'<%*=+'+6';4(9+#4$(+7%$$+#4+H<)H4$$4>+;)<7'<>+(),
7'<>+(84+><%@4<+78)+8'6+(84%<+)7*+6';4(9+#4$(+;'6(4*4>B

a'*9+#4$%4@4+(8'(+'+H4<6)*+&'*+6"HH)<(+(84%<+#)>9+7%(8+(84%<+8'*>6+>"<%*=+'+:%*)<+&)$$%6%)*B+38'(
%6+%*&)<<4&(B
1@4*+'(+$)7+%:H'&(+6H44>6L+4*)"=8+;)<&4+%6+'HH$%4>+()+(84+#)>9+(8'(+%(+%6+*)(+H)66%#$4+()+6"HH)<(
(84+#)>9+7%(8+'<:6+'*>+8'*>6B+D*+(84+4@4*(+);+'+;<)*('$+&)$$%6%)*L+@48%&$4+)&&"H'*(6+78)+'<4+*)(
74'<%*=+6';4(9+#4$(6+&)"$>+#4+H<)H4$$4>+;)<7'<>+'*>+&)$$%>4+7%(8+&):H)*4*(6+%*+(84+@48%&$4+%*(4,
<%)<L+6"&8+'6+(84+6(44<%*=+7844$L+%*6(<":4*(+H'*4$L+)<+7%*>68%4$>+M+;%=B+N B
384+'%<#'=+696(4:+%6+*)(+'+<4H$'&4:4*(+;)<+6';4(9+#4$(6B+-4H$)94>+'%<#'=6+)*$9+);;4<+6"HH$4:4*,
('$+H<)(4&(%)*B+.%<#'=6+>)+*)(+>4H$)9+>"<%*=+'$$+(9H46+);+&)$$%6%)*6B+1@4*+%;+(84+@48%&$4+%6+4I"%HH4>
7%(8+'*+'%<#'=+696(4:L+'$$+@48%&$4+)&&"H'*(6L+%*&$">%*=+(84+><%@4<L+:"6(+;'6(4*+(84%<+)7*+6';4(9
#4$(6+'*>+J44H+(84:+;'6(4*4>+&)<<4&($9+78%$4+(84+@48%&$4+%6+%*+:)(%)*B+38%6+<4>"&46+(84+<%6J+);+64,
@4<4+)<+;'('$+%*A"<%46+%*+(84+4@4*(+);+'+&)$$%6%)*L+<4='<>$466+);+784(84<+(84+64'(%*=+H)6%(%)*+%6
4I"%HH4>+7%(8+'*+'%<#'=B
.*+'%<#'=+)*$9+>4H$)96+)*4+(%:4B+3)+'&8%4@4+(84+)H(%:":+H<)(4&(%@4+;"*&(%)*L+(84+6';4(9+#4$(6
:"6(+'$7'96+#4+;'6(4*4>+&)<<4&($9B+38%6+%6+'$6)+(<"4+>"<%*=+'&&%>4*(6+784<4+(84+'%<#'=6+>)+*)(
>4H$)9B+X48%&$4+)&&"H'*(6+78)+'<4+*)(+74'<%*=+6';4(9+#4$(6+&)"$>+#4+H<)H4$$4>+)"(+);+(84+@48%&$4
'*>+(8%6+&)"$>+<46"$(+%*+4@4*+:)<4+64@4<4+)<+;'('$+%*A"<%46B
D(+%6+'$6)+%:H)<('*(+;)<+H'664*=4<6+)*+(84+<4'<+64'(6+()+8'@4+(84%<+)7*+6';4(9+#4$(6+;'6(4*4>+&)<,
<4&($9L+6%*&4+(849+&)"$>+#4+H<)H4$$4>+(8<)"=8+(84+@48%&$4+7%(8)"(+&)*(<)$B+.+H'664*=4<+)*+(84+<4'<
64'(+7%(8)"(+(84%<+)7*+6';4(9+#4$(+;'6(4*4>+%6+4*>'*=4<%*=+(84:64$@46+'6+74$$+'6+(84+><%@4<+'*>
(84+)(84<+H'664*=4<6+%*+(84+@48%&$4+M+;%=B+Q B
O%2.$9.52#(=%285C$C(41('*3$.1(4$,.'

R%=B+
R%=B+NN+ -<%@4<+(8'(+%6+<46(<'%*4>+>"<%*=+'+#<'J%*=+:'*4"@4<+#9+'+6';4(9+#4$(+(8'(+%6+;'6(4*4>
&)<<4&($9B

W';4(9+#4$(6+(8'(+'<4+;'6(4*4>+&)<<4&($9+&'*+:'J4+'+6%=*%;%&'*(+>%;;4<4*&4B+W';4(9+#4$(6+(8'(+'<4
;'6(4*4>+&)<<4&($9+8)$>+@48%&$4+)&&"H'*(6+%*+(84+&)<<4&(+64'(%*=+H)6%(%)*+'*>+&)*6%>4<'#$9+<4>"&4
(84+J%*4(%&+4*4<=9+%*+(84+4@4*(+);+'+&)$$%6%)*B+384+6';4(9+#4$(6+'$6)+84$H+()+<4>"&4+(84+<%6J+);+"*,
&)*(<)$$4>+:)@4:4*(6+(8'(+&)"$>+)(84<7%64+&'"64+64<%)"6+%*A"<%46B+W';4(9+#4$(6+(8'(+'<4+;'6(4*4>
&)<<4&($9+'$6)+<4>"&4+(84+<%6J+);+#4%*=+H<)H4$$4>+)"(+);+(84+@48%&$4+M+;%=B+N B
X48%&$4+)&&"H'*(6+7%(8+6';4(9+#4$(6+(8'(+'<4+;'6(4*4>+&)<<4&($9+#4*4;%(+=<4'($9+;<):+(8%6L+#4&'"64
(84+J%*4(%&+4*4<=9+%6+'#6)<#4>+#9+(84+6';4(9+#4$(6B+384+6(<"&("<4+%*+(84+;<)*(+);+(84+@48%&$4+'*>
)(84<+H'66%@4+6';4(9+;4'("<46+%*+(84+@48%&$4+6"&8+'6+(84+'%<#'=+696(4:+'$6)+4*6"<4+(8'(+(84+J%*4(%&
4*4<=9+7%$$+#4+<4>"&4>B+384+'&&":"$'(4>+4*4<=9+<4>"&46+'$)*=+7%(8+(84+<%6J+);+%*A"<9B
38464+45':H$46+>46&<%#4+;<)*('$+&)$$%6%)*6B+D(+68)"$>+#4+"*>4<6())>+(8'(+6';4(9+#4$(6+(8'(+'<4+;'6,
(4*4>+&)<<4&($9+'$6)+6"#6('*(%'$$9+<4>"&4+(84+<%6J+);+%*A"<9+%*+'$$+)(84<+(9H46+);+&)$$%6%)*6B+384<4,
;)<4L+6';4(9+#4$(6+:"6(+'$7'96+#4+;'6(4*4>+#4;)<4+4@4<9+(<%HL+4@4*+%;+><%@%*=+gA"6(+'<)"*>+(84+&)<,
*4<hB+a'J4+6"<4+(8'(+'$$+H'664*=4<6+'$6)+8'@4+(84%<+)7*+6';4(9+#4$(6+;'6(4*4>+&)<<4&($9B
.&&%>4*(+6('(%6(%&6+8'@4+%*>%&'(4>+(8'(+6';4(9+#4$(6+(8'(+'<4+;'6(4*4>+&)<<4&($9+&)*6%>4<'#$9+<4,
>"&4+(84+<%6J+);+%*A"<%46+'*>+%*&<4'64+(84+H<)#'#%$%(9+);+6"<@%@'$+%*+(84+4@4*(+);+'+64@4<4+&)$$%6%)*B
W';4(9+#4$(6+(8'(+'<4+;'6(4*4>+&)<<4&($9+'$6)+%*&<4'64+(84+H<)(4&(%@4+4;;4&(+);+>4H$)94>+'%<#'=6+%*
(84+4@4*(+);+'*+'&&%>4*(B+R)<+(8%6+<4'6)*L+(84+"64+);+6';4(9+#4$(6+%6+$4='$$9+<4I"%<4>+%*+:)6(
&)"*(<%46B
1@4*+(8)"=8+(84+@48%&$4+%6+4I"%HH4>+7%(8+'%<#'=6L+(84+6';4(9+#4$(6+:"6(+#4+;'6(4*4>B+R)<+45':,
H$4L+(84+;<)*(+'%<#'=6+)*$9+>4H$)9+%*+&4<('%*+;<)*('$+&)$$%6%)*6B+384+;<)*(+'%<#'=6+>)+*)(+>4H$)9+%*
:%*)<+;<)*('$+&)$$%6%)*6L+:%*)<+6%>4,%:H'&(+&)$$%6%)*6L+<4'<+&)$$%6%)*6L+<)$$)@4<6L+)<+%*+'&&%>4*(6
784<4+(84+'%<#'=+>4H$)9:4*(+@'$"4+%*+(84+&)*(<)$+:)>"$4+7'6+*)(+45&44>4>B+384+6':4+'$6)+'H,
H$%46+()+)(84<+'%<#'=6+%*+(84+@48%&$4B
384<4;)<4L+'$7'96+74'<+(84+'HH<)H<%'(4+6';4(9+#4$(+&)<<4&($9L+'*>+:'J4+6"<4+'$$+H'664*=4<6+8'@4
(84%<+)7*+6';4(9+#4$(6+;'6(4*4>+&)<<4&($9B

W'5#6('*3$.1(4$,.'

E84&J$%6(

F6%*=+6';4(9+#4$(6+M+ T
✓ E84&J+(84+&)*>%(%)*+);+'$$+);+(84+6';4(9+#4$(6+<4="$'<$9B

✓ S44H+6';4(9+#4$(6+&$4'*B
✓ .$7'96+J44H+;)<4%=*+)#A4&(6+'*>+;$"%>6+;'<+'7'9+;<):+(84+6';4(9+#4$(L+(84+6';4(9+#4$(+#"&J$4L
'*>+(84+6$)(+%*+(84+6';4(9+#4$(+#"&J$4B

✓ -)+*)(+H%*&8+)<+>':'=4+(84+6';4(9+#4$(+'*>Y)<+#4$(+#"&J$4L+;)<+45':H$4+&$)6%*=+%(+%*+'+>))<B

✓ /4@4<+<4:)@4L+:)>%;9L+)<+<4H'%<+(84+6';4(9+#4$(+'*>+#4$(+;'6(4*%*=+4$4:4*(6B

✓ .$7'96+;'6(4*+(84+6';4(9+#4$(+&)<<4&($9+#4;)<4+9)"+#4=%*+><%@%*=+'*>+J44H+%(+;'6(4*4>+78%$4
><%@%*=B

K"5'.$C('*3$.1(4$,.
D;+(84+6';4(9+#4$(+%6+>%;;%&"$(+()+H"$$+)"(+);+(84+#4$(+="%>4L+(84+6';4(9+#4$(+:'9+8'@4+#44*+H"$$4>+)"(
())+I"%&J$9+784*+H)6%(%)*%*=+(84+#4$(+'*>+:'9+8'@4+#4&):4+(7%6(4>+7%(8%*+(84+6%>4+(<%:+H'*4$T
— W$)7$9+'*>+&'<4;"$$9+H"$$+(84+6';4(9+#4$(+)"(+&):H$4(4$9+#9+(84+#4$(+#"&J$4B
— F*(7%6(+'*9+(7%6(4>+64&(%)*6+);+(84+6';4(9+#4$(+'*>+="%>4+(84+#4$(+#'&J+6$)7$9+#9+8'*>B

D;+9)"+&'**)(+"*(7%6(+(84+6';4(9+#4$(L+;'6(4*+(84+6';4(9+#4$(+'*97'9B+384+(7%6(+:"6(+*)(+#4+%*+'
64&(%)*+);+(84+#4$(+(8'(+<46(6+>%<4&($9+)*+(84+#)>9B+0)+()+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'",
(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+%::4>%'(4$9+()+8'@4+(84+#4$(+"*(7%6(4>B

C.2/D/0
D*&)<<4&(+8'*>$%*=+);+(84+6';4(9+#4$(6+%*&<4'646+(84+<%6J+);+64@4<4+)<+;'('$+%*A"<%46B
● E84&J+(84+6';4(9+#4$(6+'*>+'66)&%'(4>+&):H)*4*(6+<4="$'<$9+()+4*6"<4+(849+;"*&(%)*
&)<<4&($9B
● .$7'96+J44H+(84+6';4(9+#4$(6+&$4'*B
● -)+*)(+H%*&8+)<+>':'=4+(84+6';4(9+#4$(+)<+'$$)7+%(+()+<"#+'='%*6(+'*9+)#A4&(6+7%(8+68'<H
4>=46B
● .$7'96+J44H+(84+#4$(+#"&J$4+'*>+%*64<(%)*+="%>4+;)<+(84+#4$(+#"&J$4+;<44+);+;)<4%=*+)#A4&(6
'*>+;$"%>6B
?*'.$#5#6(*#C(+#3*'.$#5#6(./$('*3$.1(4$,.'

R%=B+
R%=B+NN+ D*64<(%*=+(84+#"&J$4+()*="4+%*()+(84+6';4(9+#4$(+#"&J$4B

R%=B+
R%=B+QQ+ 24$4'6%*=+(84+#"&J$4+()*="4+;<):+(84+6';4(9+#4$(+#"&J$4B

W';4(9+#4$(6+(8'(+'<4+;'6(4*4>+&)<<4&($9+8)$>+@48%&$4+)&&"H'*(6+%*+(84+&)<<4&(+H)6%(%)*+>"<%*=
#<'J%*=+:'*4"@4<6+)<+%*+'+&)$$%6%)*L+%*+)<>4<+()+H<)@%>4+(84+:'5%:":+H<)(4&(%)*+M+ B
D*+@48%&$46+7%(8+(84+H<)'&(%@4+H'664*=4<+H<)(4&(%)*+696(4:L+;'6(4*4>+><%@4<+'*>+;<)*(+H'664*=4<
6';4(9+#4$(6+'<4+(4*6%)*4>+'"():'(%&'$$9+%*+6):4+><%@%*=+6%("'(%)*6+UM+!<)'&(%@4+H'664*=4<+H<),
(4&(%)*+696(4:L+-46&<%H(%)*V B
?*'.$#5#6(./$('*3$.1(4$,.
.$7'96+;'6(4*+(84+6';4(9+#4$(6+#4;)<4+><%@%*=B
— .>A"6(+(84+;<)*(+64'(+'*>+84'>+<46(<'%*(+&)<<4&($9+UM+W4'(%*=+H)6%(%)*L+-46&<%H(%)*V B
— K'@4+(84+<4'<+64'(+#'&J<46(+$)&J4>+%*()+H$'&4+%*+'*+"H<%=8(+H)6%(%)*+M+ B
— 0<'#+(84+#4$(+'*>+H"$$+%(+4@4*$9+)@4<+(84+&846(+'*>+H4$@%6B+-)+*)(
*)(+(7%6(+(84+#4$(+78%$4+>)%*=
(8%6+M+ B
— D*64<(+(84+#"&J$4+()*="4+64&"<4$9+%*+(84+6';4(9+#4$(+#"&J$4+;)<+(8'(+64'(+M+;%=B+N B
— !"$$+)*+(84+6';4(9+#4$(+()+:'J4+6"<4+(84+#"&J$4+()*="4+%6+$'(&84>+&)<<4&($9+%*+(84+6';4(9+#4$(
#"&J$4B

W#3*'.$#5#6(./$('*3$.1(4$,.
G*$9+"*;'6(4*+(84+6';4(9+#4$(+78%$4+(84+@48%&$4+%6+6('(%)*'<9+M+ B
— !<466+(84+<4>+#"(()*+%*+(84+6';4(9+#4$(+#"&J$4+M+;%=B+Q B+384+#"&J$4+()*="4+7%$$+H)H+)"(B
— 0"%>4+(84+#4$(+#'&J+#9+8'*>+6)+(8'(+(84+#4$(+<)$$6+"H+4'6%$9L+(84+#4$(+>)46+*)(+(7%6(L+'*>+(84
(<%:+H'*4$+%6+*)(+>':'=4>B

C.2/D/0
D*&)<<4&(+#4$(+<)"(%*=+&'*+&'"64+64<%)"6+)<+;'('$+%*A"<%46+%*+(84+4@4*(+);+'*+'&&%>4*(B
● GH(%:":+H<)(4&(%)*+;<):+(84+6';4(9+#4$(6+%6+)*$9+H)66%#$4+784*+(84+#'&J<46(+%6+%*+'*+"H<%=8(
H)6%(%)*+'*>+(84+6';4(9+#4$(6+'<4+7)<*+&)<<4&($9+'&&)<>%*=+()+(84+#)>9+6%?4+);+(84+H'664*=4<B
● F*;'6(4*%*=+(84+6';4(9+#4$(+78%$4+><%@%*=+&'*+$4'>+()+64<%)"6+)<+;'('$+%*A"<%46+%*+(84+4@4*(+);
'*+'&&%>4*(+)<+#<'J%*=+:'*4"@4<B

F*3$.1(4$,.(=2'5.52#5#6
R%=B+
R%=B+NN+ E)<<4&(+6';4(9+#4$(+H)6%(%)*%*=+'*>+&)<<4&(+84'>+<46(<'%*(+'>A"6(:4*(B

R%=B+
R%=B+QQ+ E)<<4&(+6';4(9+#4$(+H)6%(%)*%*=+;)<+H<4=*'*(+7):4*B

W';4(9+#4$(6+)*$9+);;4<+(84+)H(%:":+H<)(4&(%)*+>"<%*=+'+&)$$%6%)*+'*>+<4>"&4+(84+<%6J+);+64<%)"6
%*A"<9+)<+>4'(8+%;+(849+'<4+;'6(4*4>+'*>+H)6%(%)*4>+&)<<4&($9B+384+&)<<4&(+6';4(9+#4$(+H)6%(%)*+'$6)
8)$>6+(84+@48%&$4+)&&"H'*(+%*+H$'&4+6)+(8'(+(84+'%<#'=6+&'*+H<)@%>4+(84%<+:'5%:":+H<)(4&(%)*+%;
(849+>4H$)9B+384<4;)<4L+'$$+@48%&$4+)&&"H'*(6+68)"$>+'$7'96+;'6(4*+(84%<+)7*+6';4(9+#4$(6+'*>
:'J4+6"<4+(849+'<4+H)6%(%)*4>+&)<<4&($9+M+;%=B+N B
.*+%*&)<<4&(+64'(%*=+H)6%(%)*+&'*+&'"64+64@4<4+)<+;'('$+%*A"<%46+UM+W4'(%*=+H)6%(%)*L+-46&<%H(%)*V B

E2%%$9.('*3$.1(4$,.(=2'5.52#5#6
— 384+68)"$>4<+#4$(+64&(%)*+);+(84+6';4(9+#4$(+:"6(+'$7'96+#4+H)6%(%)*4>+)@4<+(84+&4*(4<+);+(84
68)"$>4<+'*>+*4@4<+'&<)66+(84+*4&JL+'#)@4+(84+'<:L+"*>4<+(84+'<:L+)<+#48%*>+(84+#'&JB
— 384+$'H+64&(%)*+);+(84+6';4(9+#4$(+:"6(+'$7'96+$%4+'&<)66+(84+$'H+'*>+*4@4<+)@4<+(84+6():'&8B
— 384+6';4(9+#4$(+:"6(+'$7'96+<46(+;$'(+'*>+64&"<4$9+)*+(84+#)>9B+24(%=8(4*+(84+#4$(+%;+*4&466'<9B

R)<+H<4=*'*(+7):4*
H<4=*'*(+7):4*L+(84+6';4(9+#4$(+:"6(+<46(+4@4*$9+'&<)66+(84+&846(+'*>+'6+$)7+'*>+;$'(+'6
H)66%#$4+)*+(84+$'HL+6)+(8'(+*)+H<466"<4+%6+'HH$%4>+()+(84+$)74<+'#>):4*B+38%6+68)"$>+#4+>)*4
(8<)"=8)"(+(84+4*(%<4+H<4=*'*&9+M+;%=B+Q B

:CN+'.5#6(./$('*3$.1(4$,.(=2'5.52#(.2(42C1('5V$
384+#4$(+H)6%(%)*%*=+&'*+#4+'>A"6(4>+7%(8+(84+;)$$)7%*=+4I"%H:4*(T
— [4$(+84%=8(+'>A"6(4<6+;)<+(84+;<)*(+64'(6+UM+W';4(9+#4$(+84%=8(+'>A"6(4<L+GH4<'(%)*V B
— K4%=8(,'>A"6('#$4+;<)*(+64'(6+UM+W4'(%*=+H)6%(%)*L+-46&<%H(%)*V B

C.2/D/0
D*&)<<4&(+6';4(9+#4$(+H)6%(%)*%*=+&'*+&'"64+64<%)"6+%*A"<%46+%*+(84+4@4*(+);+'*+'&&%>4*(+)<+>"<%*=
6">>4*+#<'J%*=+)<+><%@%*=+:'*4"@4<6B
● GH(%:":+H<)(4&(%)*+;<):+(84+6';4(9+#4$(6+%6+)*$9+H)66%#$4+784*+(84+#'&J<46(+%6+%*+'*+"H<%=8(
H)6%(%)*+'*>+(84+6';4(9+#4$(6+'<4+7)<*+&)<<4&($9B
● 384+6';4(9+#4$(+%(64$;+)<+'+$))64+6';4(9+#4$(+&'*+&'"64+64<%)"6+%*A"<%46+%;+%(+68%;(6+)*()+6);(+'<,
4'6+);+(84+#)>9L+6"&8+'6+(84+6():'&8B
● 384+68)"$>4<+H)<(%)*+);+(84+6';4(9+#4$(+:"6(+$%4+)@4<+(84+&4*(4<+);+(84+68)"$>4<L+'*>+*4@4<
"*>4<+(84+'<:+)<+'&<)66+(84+*4&JB
● 384+6';4(9+#4$(+:"6(+$%4+;$'(+'*>+64&"<4$9+)*+(84+"HH4<+H'<(+);+(84+#)>9B
● 384+$'H+64&(%)*+);+(84+6';4(9+#4$(+:"6(+$%4+'&<)66+(84+$'H+'*>+*4@4<+)@4<+(84+6():'&8B+384
6';4(9+#4$(+:"6(+$%4+;$'(+'*>+64&"<4$9+)*+(84+$'HB+24(%=8(4*+(84+#4$(+%;+*4&466'<9B
● 384+$'H+#4$(+64&(%)*+);+(84+6';4(9+#4$(+:"6(+6%(+'6+$)7+'6+H)66%#$4+)*+(84+$'H+);+H<4=*'*(
7):4*+'*>+$%4+;$'(+"*>4<+(84+g<)"*>%*=h+);+(84+'#>):4*B
● -)+*)(+(7%6(+(84+6';4(9+#4$(+78%$4+74'<%*=+%(B
● /4@4<+8)$>+(84+6';4(9+#4$(+'7'9+;<):+(84+#)>9+7%(8+9)"<+8'*>B
● -)+*)(+="%>4+(84+#4$(+)@4<+8'<>+)<+#<4'J'#$4+)#A4&(6L+6"&8+'6+494=$'6646L+H4*6L+)<+J496B
● -)+*)(+:)>%;9+8)7+(84+#4$(+%6+<)"(4>+"6%*=+#4$(+&$%H6L+<4('%*%*=+$))H6L+)<+6%:%$'<+)#A4&(6B

D*>%@%>"'$6+78)+&'**)(+'&8%4@4+(84+)H(%:":+#4$(+<)"(%*=+>"4+()+H896%&'$+&)*>%(%)*6
68)"$>+&)*('&(+'+I"'$%;%4>+H<);466%)*'$+'#)"(+H)66%#$4+6H4&%'$+:)>%;%&'(%)*6+(8'(+&'*+#4
"64>+()+'(('%*+(84+)H(%:":+H<)(4&(%@4+;"*&(%)*+;<):+(84+6';4(9+#4$(+'*>+'%<#'=6B+X)$J,
67'=4*+<4&)::4*>6+&)*('&(%*=+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J,
67'=4*+W4<@%&4+R'&%$%(9B
F*3$.1(4$,.(/$56/.(*CN+'.$%

:+.2>*.59('*3$.1(4$,.(%$.%*9.2%'P('*3$.1(4$,.(=%$.$#'52#$%'P
*#C('*3$.1(4$,.(,2*C(,5>5.$%'

384+@48%&$4+64'(+#4$(6+'<4+H'<(+);+(84+@48%&$4+6';4(9+&)*&4H(+UM+.%<#'=+696(4:L+-46&<%H(%)*V +UM
.>@'*&4>+.%<#'=+W96(4:L+-46&<%H(%)*V B+384+@48%&$4+6';4(9+&)*&4H(+8'6+(84+;)$$)7%*=+J49
;"*&(%)*6T

:+.2>*.59('*3$.1(4$,.(%$.%*9.2%
1@4<9+6';4(9+#4$(+%6+4I"%HH4>+7%(8+'+6';4(9+#4$(+<4(<'&()<+)*+(84+68)"$>4<+#4$(+64&(%)*B+D;+(84+6';4,
(9+#4$(+%6+H"$$4>+6$)7$9+)<+78%$4+><%@%*=+*)<:'$$9L+(84+68)"$>4<+#4$(+7%$$+#4+'#$4+()+:)@4+;<44$9B
384+6';4(9+#4$(+<4(<'&()<+#$)&J6+(84+6';4(9+#4$(+;<):+:)@%*=+%;+(84+6';4(9+#4$(+%6+H"$$4>+)"(+I"%&J,
$9L+;)<+45':H$4+>"<%*=+6">>4*+#<'J%*=+:'*4"@4<6L+784*+><%@%*=+)*+8%$$6L+784*+><%@%*=+'<)"*>
&"<@46L+'*>+784*+'&&4$4<'(%*=B
D*+&<%(%&'$+><%@%*=+6%("'(%)*6L+;'6(4*4>+;<)*(+6';4(9+#4$(6+&'*+#4+'"():'(%&'$$9+(4*6%)*4>+#9+(84
H<)'&(%@4+H'664*=4<+H<)(4&(%)*+696(4:L+4B=B+%*+(84+&'64+);+'*+4:4<=4*&9+#<'J%*=+:'*4"@4<+)<+%;
(84+><%@4<+)@4<6(44<6+)<+"*>4<6(44<6B+D;+'*+'&&%>4*(+>)46+*)(+8'HH4*+)<+(84+&<%(%&'$+><%@%*=+6%("',
(%)*+%6+*)+$)*=4<+'HH$%&'#$4L+#)(8+6';4(9+#4$(6+'<4+$))64*4>+'='%*B+384+H<)'&(%@4+H'664*=4<+H<),
(4&(%)*+696(4:+%6+<4'>9+()+#4+(<%==4<4>+'='%*+UM+!<)'&(%@4+H'664*=4<+H<)(4&(%)*+696(4:L+-46&<%H,
(%)*V B

F*3$.1(4$,.(=%$.$#'52#$%'
384+6';4(9+#4$(6+;)<+(84+@48%&$4+)&&"H'*(6+)*+(84+;<)*(+64'(6L+'*>+H)66%#$9+'$6)+(84+)"(4<+<4'<
64'(6L+'<4+4I"%HH4>+7%(8+6';4(9+#4$(+H<4(4*6%)*4<6B
W';4(9+#4$(+H<4(4*6%)*4<6+'<4+'&(%@'(4>+#9+64*6)<6+%*+(84+4@4*(+);+64@4<4+;<)*(L+6%>4L+)<+<4'<+&)$$%,
6%)*6B+3849+(%=8(4*+(84+6';4(9+#4$(6+6)+(8'(+(849+>)+*)(+45(4*>+'*9+;'<(84<B+D;+(84+6';4(9+#4$(+%6
$))64L+%(+<4(<'&(6+()+<4>"&4+(84+;)<7'<>+:)@4:4*(+);+(84+@48%&$4+)&&"H'*(6+)<+:)@4:4*(+%*+(84
>%<4&(%)*+);+(84+&)$$%6%)*B+384+6';4(9+#4$(+H<4(4*6%)*4<+7)<J6+()=4(84<+7%(8+(84+'%<#'=+696(4:B
384+6';4(9+#4$(+H<4(4*6%)*4<+%6+*)(+'&(%@'(4>+>"<%*=+'+<)$$)@4<+'&&%>4*(+%;+(84+6%>4+'%<#'=6+'<4+*)(
>4H$)94>B
R%*4+>"6(+:'9+'HH4'<+%;+'%<#'=6+>4H$)9B+38%6+%6+&):H$4(4$9+*)<:'$+'*>+>)46+*)(+%*>%&'(4+'+;%<4+%*
(84+@48%&$4B

@$8$%'54,$(4$,.(.$#'52#5#6(
@$8$%'54,$(4$,.(.$#'52#5#6(H=%2*9.58$(=*''$#6$%(=%2.$9.52#
H=%2*9.58$(=*''$#6$%(=%2.$9.52#
'1'.$>I
D*+&4<('%*+><%@%*=+6%("'(%)*6L+(84+6';4(9+#4$(6+:'9+#4+6"#A4&(+()+<4@4<6%#$4+#4$(+(4*6%)*%*=+UM
!<)'&(%@4+H'664*=4<+H<)(4&(%)*+696(4:L+-46&<%H(%)*V B+15':H$46+'<4T
— K4'@9+#<'J%*=B
— G@4<6(44<+)<+"*>4<6(44<B
— b%=8(+&)$$%6%)*6B

F*3$.1(4$,.(,2*C(,5>5.$%
W';4(9+#4$(+$)'>+$%:%(4<6+<4>"&4+(84+;)<&4+H$'&4>+)*+(84+#)>9+#9+(84+6';4(9+#4$(6+>"<%*=+'
&)$$%6%)*B

C84*+>%6H)6%*=+);+(84+@48%&$4+)<+);+%*>%@%>"'$+696(4:+&):H)*4*(6L+'$$+6';4(9+H<4&'"(%)*6
:"6(+#4+)#64<@4>B+.*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4
R'&%$%(9+7%$$+#4+;':%$%'<+7%(8+(8464+H<4&'"(%)*6+UM+!<)'&(%@4+H'664*=4<+H<)(4&(%)*+696,
(4:L+-46&<%H(%)*V B

F*3$.1(4$,.(=%$.$#'52#$%('$%8595#6(*#C(C5'=2'*,

C84*+7)<J%*=+)*+6';4(9+#4$(+H<4(4*6%)*4<6+'6+74$$+'6+784*+<4:)@%*=+'*>+%*6('$$%*=+)(84<+@48%&$4
&):H)*4*(6+'6+H'<(+);+<4H'%<+H<)&4>"<46L+(84+6';4(9+#4$(+&'*+#4&):4+>':'=4>+7%(8)"(+9)"
*)(%&%*=B+38%6+:'9+&'"64+(84+6';4(9+#4$(+H<4(4*6%)*4<+()+;"*&(%)*+%*&)<<4&($9+)<+H<4@4*(+%(+;<):
;"*&(%)*%*=+%*+(84+4@4*(+);+'*+'&&%>4*(B
384+%*6(<"&(%)*6+:"6(+#4+;)$$)74>+6)+(8'(+(84+4;;4&(%@4*466+);+(84+6';4(9+#4$(+H<4(4*6%)*4<+%6+*)(
%:H'%<4>+'*>+<4:)@4>+&):H)*4*(6+>)+*)(+&'"64+%*A"<%46+'*>+4*@%<)*:4*('$+H)$$"(%)*B+.*+'"(8),
<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+%6+;':%$%'<+7%(8+(8464
%*6(<"&(%)*6B

C.2/D/0
24H'%<6+(8'(+9)"+H4<;)<:+9)"<64$;+)<+(8'(+'<4+H4<;)<:4>+%*&)<<4&($9+)*+(84+6';4(9+#4$(6L+'"(),
:'(%&+6';4(9+#4$(+<4(<'&()<6L+'*>+6';4(9+#4$(+H<4(4*6%)*4<6+&'*+%*&<4'64+(84+<%6J+);+64@4<4+)<+;',
('$+%*A"<%46B+384+6';4(9+#4$(+H<4(4*6%)*4<+:'9+*)(+>4H$)9+784*+%(+68)"$>L+)<+%(+:'9+>4H$)9
"*45H4&(4>$9B
● /4@4<+H4<;)<:+<4H'%<6L+'>A"6(:4*(6L+)<+<4:)@'$+'*>+%*6('$$'(%)*+);+&):H)*4*(6+);+(84+6';4(9
#4$(+H<4(4*6%)*4<6+)<+6';4(9+#4$(6+9)"<64$;B+G*$9+8'@4+(8464+H<)&4>"<46+H4<;)<:4>+#9+'+'",
(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+UM+.&&466)<%46L+<4,
H$'&4:4*(+H'<(6L+<4H'%<6L+'*>+:)>%;%&'(%)*6L+-46&<%H(%)*V B
● W';4(9+#4$(6L+6';4(9+#4$(+H<4(4*6%)*4<6+'*>+'"():'(%&+6';4(9+#4$(+<4(<'&()<6+&'**)(+#4+<4,
H'%<4>B+38464+&):H)*4*(6+:"6(+#4+<4H$'&4>B

384+'%<#'=+:)>"$4+'*>+6';4(9+#4$(+H<4(4*6%)*4<6+:'9+&)*('%*+H4<&8$)<'(4B+G#64<@4+'$$+$4='$
<4="$'(%)*6+'HH$%&'#$4+()+>%6H)6'$B

O%2*9.58$(=*''$#6$%(=%2.$9.52#('1'.$>

384+H<)'&(%@4+H'664*=4<+H<)(4&(%)*+696(4:+%6+'+6"HH)<(+696(4:+78%&8+%*%(%'(46+:4'6"<46+;)<+H<),
(4&(%*=+(84+@48%&$4+)&&"H'*(6+%*+8'?'<>)"6+6%("'(%)*6B+K)74@4<+%(+&'**)(+H<4@4*(+'+&)$$%6%)*B
384+;"$$+6&)H4+);+;"*&(%)*6+);+(84+H<)'&(%@4+H'664*=4<+H<)(4&(%)*+696(4:+%6+)*$9+H<)@%>4>+784*
(84<4+'<4+*)+:'$;"*&(%)*6B
D*'59(3+#9.52#'
-4H4*>%*=+)*+(84+&)"*(<9,6H4&%;%&+$4='$+<4I"%<4:4*(6+'*>+(84+@48%&$4+4I"%H:4*(L+(84+;)$$)7%*=
;"*&(%)*6+:'9+#4+%*%(%'(4>+4%(84<+%*>%@%>"'$$9+)<+A)%*($9+%*+&<%(%&'$+><%@%*=+6%("'(%)*6L+6"&8+'6+>"<%*=
4:4<=4*&9+#<'J%*=+)<+784*+"*>4<6(44<%*=+)<+)@4<6(44<%*=L+'6+);+'+6H44>+);+'HH<)5%:'(4$9
OP+J:Y8+UN`+:H8VT
— 24@4<6%#$4+#4$(+(4*6%)*%*=+);+(84+;'6(4*4>+6';4(9+#4$(6+;)<+(84+><%@4<+'*>+;<)*(+H'664*=4<B
— -4H4*>%*=+)*+(84+@48%&$4d6+4I"%H:4*(L+'"():'(%&+&$)6"<4+);+(84+H)74<+6"*<));+'*>+(84+6%>4
7%*>)76+()+A"6(+'+='HB
— .&(%@'(%*=+(84+4:4<=4*&9+;$'684<6B

-4H4*>%*=+)*+(84+&<%(%&'$+><%@%*=+6%("'(%)*L+(84+6';4(9+#4$(6+:'9+#4+(%=8(4*4>+%*>%@%>"'$$9+)<
()=4(84<B
D;+(84+H<)'&(%@4+H'664*=4<+H<)(4&(%)*+696(4:+#4&):46+'&(%@4L+(84+:466'=4+M(&/6#/(&$'(1>-
M(&/6#/(&$'(1>-
+6'"2&$#/1+"**/(%/61+6'&/2&$'(1*-*&/7
+6'"2&$#/1+"**/(%/61+6'&/2&$'(1*-*&/7+'HH4'<6+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9B

G#(*CC5.52#(32%(8$/59,$'("5./(:+.2#2>2+'(;>$%6$#91(D%*05#6
H?%2#.(:''5'.I
G*+@48%&$46+7%(8+."()*):)"6+1:4<=4*&9+[<'J%*=+UR<)*(+.66%6(VL+(84+H<)#'#%$%(9+);+'+&)$$%6%)*
7%(8+(84+@48%&$4+%*+;<)*(+%6+'$6)+&'$&"$'(4>+7%(8%*+(84+$%:%(6+);+(84+696(4:B+D;+(84+696(4:+>4(4&(6
(8'(+'+<4'<,4*>+&)$$%6%)*+%6+$%J4$9+)<+%*%(%'(46+84'@9+#<'J%*=L+(8%6+&'*+(<%==4<+(84+H<)'&(%@4+H'664*,
=4<+H<)(4&(%)*+696(4:B

:CC5.52#*,,1(32%(8$/59,$'("5./(U*#$(E/*#6$(F1'.$>(
:CC5.52#*,,1(32%(8$/59,$'("5./(U*#$(E/*#6$(F1'.$>(HF5C$(:''5'.I
HF5C$(:''5'.I
G*+@48%&$46+7%(8+b'*4+E8'*=4+W96(4:+UW%>4+.66%6(VL+(84+H<)#'#%$%(9+);+'+<4'<,4*>+&)$$%6%)*+&'"64>
#9+(84+@48%&$4+#48%*>+%6+&'$&"$'(4>+7%(8%*+(84+696(4:+#)"*>'<%46B+D;+(84+696(4:+8'6+<4&)=*%?4>
(8'(+'+<4'<,4*>+&)$$%6%)*+%6+H<)#'#$4L+%(+&'*+(<%==4<+(84+H<)'&(%@4+)&&"H'*(+H<)(4&(%)*+696(4:B
C84*+(84<4+%6+'+<4&)=*%?4>+<%6J+);+&)$$%6%)*L+'$)*=6%>4+%(6+#'6%&+;"*&(%)*L+(84+H<)'&(%@4+)&&"H'*(
H<)(4&(%)*+696(4:+&'*+(<%==4<+(84+8'?'<>+7'<*%*=+$%=8(6+7%(8+'+;'6(4<+;$'68%*=+;<4I"4*&9B

:CC5.52#*,(5#32%>*.52#(32%(8$/59,$'("5./(;>$%6$#91(:''5'.
G*+@48%&$46+7%(8+1:4<=4*&9+.66%6(L+(84+H<)'&(%@4+H'664*=4<+H<)(4&(%)*+696(4:+&'*+#4+(<%==4<4>
%;+><%@4<+%*'&(%@%(9+%6+>4(4&(4>B
-4H4*>%*=+)*+(84+'&(%@'(%)*+$4@4$L+(84+;)$$)7%*=+;"*&(%)*6+'<4+(<%==4<4>T
— [<%4;+)<+H4<:'*4*(+<4@4<6%#$4+#4$(+(4*6%)*%*=+);+(84+4*='=4>+><%@4<d6+6';4(9+#4$(B
— -4H4*>%*=+)*+(84+@48%&$4d6+4I"%H:4*(L+'"():'(%&+&$)6"<4+);+(84+H)74<+6"*<));+'*>+(84+6%>4
7%*>)76+()+A"6(+'+='HB

F$..5#6(5#(./$(A%585#6()2C$(F$,$9.52#
G*+@48%&$46+7%(8+-<%@%*=+a)>4+W4$4&(%)*L+(84+H<)'&(%@4+H'664*=4<+H<)(4&(%)*+696(4:+%6+'>'H(4>
()+(84+6H4&%'$+@48%&$4+64("H+);+(84+><%@%*=+:)>4B
?+#9.52#*,(,5>5.*.52#'
384+H<)'&(%@4+H'664*=4<+H<)(4&(%)*+696(4:+%6+*)(+'@'%$'#$4+)<+)*$9+'@'%$'#$4+()+'+$%:%(4>+45(4*(+%*
(84+;)$$)7%*=+6%("'(%)*6T
— D;+(84+1WEL+(84+6';4(9+#4$(+H<4(4*6%)*4<+UM+W';4(9+#4$(6L+-46&<%H(%)*V +)<+(84+'%<#'=+&)*(<)$+"*%(
:'$;"*&(%)*6+UM+.%<#'=+696(4:L+-46&<%H(%)*V +UM+.>@'*&4>+.%<#'=+W96(4:L+-46&<%H(%)*V B
— D;+(84+.W2+%6+67%(&84>+);;+)<+(84+1WE+%6+67%(&84>+);;+'*>+>"<%*=+<4@4<6%*=+UM+[<'J%*=+'66%6('*&4
696(4:6L+-46&<%H(%)*V B
— D;+(84<4+%6+'+696(4:+;'"$(+)<+<46(<%&(%)*+);+."()*):)"6+1:4<=4*&9+[<'J%*=+UR<)*(+.66%6(VB
— D;+(84<4+%6+'+696(4:+;'"$(+)<+<46(<%&(%)*+);+(84+b'*4+E8'*=4+W96(4:+UW%>4+.66%6(VB

K%2+4,$'/22.5#6
D;+(84<4+%6+'+:'$;"*&(%)*+)*+(84+H<)'&(%@4+H'664*=4<+H<)(4&(%)*+696(4:L+(84+:466'=4+96'"2&$#/
96'"2&$#/
'228+"(&1+6'&/2&$'(1('&1"#"$,">,/?
'228+"(&1+6'&/2&$'(1('&1"#"$,">,/?+)<+96'"2&$#/1+"**/(%/61+6'&/2&$'(1*-*&/7@1Q8(2=
96'"2&$#/1+"**/(%/61+6'&/2&$'(1*-*&/7@1Q8(2=
&$'(1,$7$&/3?
&$'(1,$7$&/3?+'HH4'<6+H4<:'*4*($9+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9B
0)+()+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+'*>+8'@4+(84
696(4:+%*6H4&(4>B

C.2/D/0
384+%*(4$$%=4*(+(4&8*)$)=9+);+(84+H<)'&(%@4+H'664*=4<+H<)(4&(%)*+696(4:+&'**)(+)@4<&):4+(84
*'("<'$+$'76+);+H896%&6+'*>+%(+&'*+)*$9+)H4<'(4+7%(8%*+(84+$%:%(6+);+(84+696(4:B+-)+*)(+'$$)7+(84
%*&<4'64>+&)*@4*%4*&4+H<)@%>4>+#9+(84+H<)'&(%@4+H'664*=4<+H<)(4&(%)*+696(4:+()+(4:H(+9)"
%*()+('J%*=+<%6J6B+384+696(4:+&'**)(+H<4@4*(+'+&)$$%6%)*B+384+696(4:+&'**)(+<4H$'&4+(84+><%@4<d6
'((4*(%)*B
● .$7'96+'>'H(+9)"<+6H44>+'*>+>%6('*&4+()+@48%&$46+'84'>+#'64>+)*+(84+@%6"'$L+74'(84<L+<)'>L
'*>+(<';;%&+&)*>%(%)*6B
● 384+696(4:+&'**)(+'$7'96+>4(4&(+)#A4&(6B
● 384+H<)'&(%@4+H'664*=4<+H<)(4&(%)*+696(4:+>)46+*)(+<4'&(+()+'*%:'$6+)<+"*<4&)=*%?'#$4
)#A4&(6B
● 24;$4&(%@4+)#A4&(6L+6"&8+'6+="'<>+<'%$6L+("**4$+4*(<'*&46L+84'@9+<'%*+)<+%&4L+&'*+%:H'%<+(84
;"*&(%)*+);+(84+H<)'&(%@4+H'664*=4<+H<)(4&(%)*+696(4:+'*>+(8"6+(84+%>4*(%;%&'(%)*+);+'+&)$$%,
6%)*+<%6JB
● D(+:'9+<46"$(+%*+(84+696(4:+#4%*=+;'$64$9+'&(%@'(4>B

:5%4*6('1'.$>

G#.%2C+9.52#

384+@48%&$4+%6+4I"%HH4>+7%(8+'+;<)*(+'%<#'=+;)<+(84+><%@4<+'*>+)*4+;)<+(84+;<)*(+H'664*=4<B+384
;<)*(+'%<#'=6+&'*+);;4<+'>>%(%)*'$+H<)(4&(%)*+;)<+(84+&846(+'*>+84'>+);+(84+><%@4<+'*>+;<)*(+H'6,
64*=4<+'6+$)*=+'6+(84+64'(L+(84+6';4(9+#4$(L+(84+84'>+<46(<'%*(L+'*>+(84+6(44<%*=+7844$+'<4+'>A"6(,
4>+'*>+"64>+&)<<4&($9B+.%<#'=6+'<4+)*$9+>46%=*4>+()+);;4<+6"HH$4:4*('<9+H<)(4&(%)*B+384+'%<#'=6
>)+*)(+<4H$'&4+(84+6';4(9+#4$(6L+78%&8+:"6(+'$7'96+#4+7)<*L+4@4*+%;+(84+;<)*(+64'(6+'<4+4I"%HH4>
7%(8+;<)*(+'%<#'=6B

C.2/D/0
/4@4<+<4$9+)*$9+)*+(84+'%<#'=+696(4:+;)<+H<)(4&(%)*B
● 1@4*+784*+'*+'%<#'=+>4H$)96L+%(+)*$9+);;4<6+6"HH$4:4*('<9+'66%6('*&4B
● 384+'%<#'=+696(4:+H<)@%>46+)H(%:":+H<)(4&(%)*+784*+(84+6';4(9+#4$(+%6+7)<*+&)<<4&($9+'*>
%(+<4>"&46+(84+<%6J+);+%*A"<9+UM+W';4(9+#4$(6L+-46&<%H(%)*V B
● [4;)<4+4@4<9+(<%HL+4@4<9)*4+%*+(84+@48%&$4+:"6(+64'(+(84:64$@46+&)<<4&($9L+;'6(4*+(84+6';4(9
#4$(+(8'(+#4$)*=6+()+(84+64'(+(849+'<4+"6%*=L+'*>+J44H+%(+;'6(4*4>+78%$4+(84+@48%&$4+%6+%*+:),
(%)*B+38%6+'HH$%46+()+'$$+H'664*=4<6+'*>+'(+'$$+(%:46L+%*&$">%*=+>"<%*=+&%(9+><%@%*=B

C.2/D/0
384+<%6J+);+%*A"<9+%;+(84+'%<#'=+>4H$)96+%*&<4'646+%;+(84<4+'<4+)#A4&(6+$)&'(4>+#4(744*+@48%&$4+)&,
&"H'*(6+'*>+(84+'%<#'=+>4H$)9:4*(+?)*4B+384+)#A4&(6+&)"$>+&8'*=4+(84+>4H$)9:4*(+H'(8+);+(84
'%<#'=+)<+&)"$>+6(<%J4+(84+@48%&$4+)&&"H'*(6B
● /4@4<+8)$>+)#A4&(6+%*+9)"<+8'*>6+)<+)*+9)"<+$'H+78%$4+><%@%*=B
● /4@4<+(<'*6H)<(+)#A4&(6+)*+(84+;<)*(+H'664*=4<d6+64'(B+-"<%*=+6">>4*+#<'J%*=+)<+><%@%*=+:',
*4"@4<6L+(84+)#A4&(6+&)"$>+:)@4+%*()+(84+'%<#'=+>4H$)9:4*(+?)*4+'*>+(84*+#4+(8<)7*
(8<)"=8+(84+@48%&$4+%*(4<%)<+%;+(84+'%<#'=+>4H$)96B
● 384<4+68)"$>+#4+*)+H4)H$4L+'*%:'$6L+)<+)#A4&(6+#4(744*+(84+)&&"H'*(6+);+(84+;<)*(+64'(6+)<
)"(4<+<4'<+64'(6+'*>+(84+'%<#'=+>4H$)9:4*(+?)*4B+a'J4+6"<4+(8'(+&8%$><4*+'*>+H'664*=4<6
'$6)+;)$$)7+(8%6+="%>4$%*4B

C.2/D/0
384+'%<#'=+696(4:+)*$9+H<)@%>46+H<)(4&(%)*+;)<+)*4+>4H$)9:4*(B+D;+(84+'%<#'=6+>4H$)9L+(84+696,
(4:+:"6(+#4+<4H$'&4>B
● K'@4+>4H$)94>+'%<#'=6+'*>+';;4&(4>+696(4:+&):H)*4*(6+<4H$'&4>+%::4>%'(4$9+#9+*47+H'<(6
(8'(+'<4+'HH<)@4>+#9+X)$J67'=4*+;)<+(84+@48%&$4B
● G*$9+8'@4+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+:'J4
@48%&$4+<4H'%<6+)<+:)>%;%&'(%)*6B+."(8)<%?4>+X)$J67'=4*+>4'$4<6+'*>+'"(8)<%?4>+X)$J67'=4*
W4<@%&4+R'&%$%(%46+8'@4+(84+<4I"%<4>+())$6L+>%'=*)6(%&+>4@%&46L+<4H'%<+%*;)<:'(%)*L+'*>+I"'$%,
;%4>+H4<6)**4$B
● /4@4<+%*6('$$+'%<#'=+&):H)*4*(6+(8'(+74<4+<4:)@4>+;<):+)$>+@48%&$46+)<+(8'(+74<4+<4&9&$4>B
● /4@4<+:)>%;9+'*9+&):H)*4*(6+);+(84+'%<#'=+696(4:B

C.2/D/0
R%*4+>"6(+'*>+7'(4<+@'H)<+&'*+#4+<4$4'64>+%;+(84+'%<#'=6+>4H$)9B+38%6+%6+*)<:'$+'*>+>)46+*)(+%*,
>%&'(4+'+;%<4+%*+(84+@48%&$4B
● 384+;%*4+>"6(+&'*+%<<%('(4+(84+6J%*+'*>+:"&)"6+:4:#<'*46+%*+(84+4946+'*>+&'*+&'"64+>%;;%,
&"$(9+#<4'(8%*=L+H'<(%&"$'<$9+;)<+%*>%@%>"'$6+78)+8'@4+'6(8:'+)<+)(84<+84'$(8+%66"46+(8'(+';,
;4&(+#<4'(8%*=B+3)+<4>"&4+(84+<%6J+);+>%;;%&"$(9+#<4'(8%*=L+45%(+(84+@48%&$4+)<+)H4*+(84+7%*,
>)76+)<+>))<6+;)<+;<468+'%<B
● D;+9)"+&):4+%*()+&)*('&(+7%(8+(84+>"6(L+7'68+9)"<+8'*>6+'*>+;'&4+7%(8+:%$>+6)'H+'*>+7'(4<
#4;)<4+4'(%*=+'*9(8%*=B
● -)+*)(+'$$)7+(84+>"6(+()+&):4+%*()+&)*('&(+7%(8+9)"<+4946+)<+'*9+)H4*+7)"*>6B
● R$"68+9)"<+4946+7%(8+7'(4<+%;+>"6(+4*(4<6+(84:B
C.2/D/0
E$4'*4<6+(8'(+&)*('%*+6)$@4*(6+&'*+:'J4+(84+6"<;'&4+);+(84+'%<#'=+:)>"$4+H)<)"6B+!$'6(%&+H%4&46
(8'(+&):4+$))64+&)"$>+&'"64+64<%)"6+%*A"<%46+%*+(84+4@4*(+);+'+&)$$%6%)*+7%(8+'%<#'=+>4H$)9:4*(B
● /4@4<+(<4'(+(84+%*6(<":4*(+H'*4$+'*>+(84+6"<;'&4+);+(84+'%<#'=+:)>"$46+7%(8+&$4'*4<6+(8'(
&)*('%*+6)$@4*(6B

?%2#.(=*''$#6$%&'(3%2#.(*5%4*6('1'.$>(.1=$

384<4+'<4+(7)+>%;;4<4*(+;<)*(+H'664*=4<d6+;<)*(+'%<#'=+696(4:6+'@'%$'#$4+;<):+X)$J67'=4*B
-4H4*>%*=+)*+(84+@48%&$4+4I"%H:4*(L+'*+'%<#'=+696(4:
'%<#'=+696(4:+)<+'*+'%<#'=+696(4:+7%(8+;<)*(+H'6,
'%<#'=+696(4:+7%(8+;<)*(+H'6,
64*=4<d6+;<)*(+'%<#'=+>4'&(%@'(%)*
64*=4<d6+;<)*(+'%<#'=+>4'&(%@'(%)*+7%$$+#4+%*6('$$4>+%*+(84+@48%&$4B

:5%4*6('1'.$>
384+;<)*(+H'664*=4<d6+;<)*(+'%<#'=+&'*+)*$9+#4+67%(&84>+);;+#9+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<
)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B
R4'("<46+);+(84+'%<#'=+696(4:T
— !'664*=4<d6+;<)*(+'%<#'=+%*+(84+%*6(<":4*(+H'*4$
— n4$$)7+%*>%&'()<+$%=8(+ +%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9B

:5%4*6('1'.$>("5./(3%2#.(=*''$#6$%&'(3%2#.(*5%4*6(C$*9.58*.52#
384+;<)*(+H'664*=4<d6+;<)*(+'%<#'=+&'*+#4+67%(&84>+);;+:'*"'$$9+"6%*=+'+J49+67%(&8+UM+.%<#'=
696(4:L+GH4<'(%)*V B
R4'("<46+);+(84+'%<#'=+696(4:+7%(8+;<)*(+H'664*=4<d6+;<)*(+'%<#'=+>4'&(%@'(%)*T
— !'664*=4<d6+;<)*(+'%<#'=+%*+(84+%*6(<":4*(+H'*4$
— n4$$)7+%*>%&'()<+$%=8(+ +%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9B
— n4$$)7+!.WW1/012+.D2+[.0+%*>%&'()<+$%=8(+ +%*+(84+&4*(4<+&)*6)$4B
— n4$$)7+!.WW1/012+.D2+[.0+%*>%&'()<+$%=8(+ +%*+(84+&4*(4<+&)*6)$4B
— S49+67%(&8+)*+(84+;<)*(+H'664*=4<+6%>4+)*+(84+6%>4+);+(84+%*6(<":4*(+H'*4$+U)*$9+@%6%#$4+7%(8
(84+;<)*(+H'664*=4<+>))<+)H4*VB

G#C59*.2%(,56/.
R%=B+
R%=B+NN+ D*+(84+<));+&)*6)$4T+D*>%&'()<+$%=8(+U=4*4<'$+45':H$4V+;)<+(84+>4'&(%@'(4>+;<)*(+H'664*=4<d6
;<)*(+'%<#'=B

R%=B+
R%=B+QQ+ D*+(84+<));+&)*6)$4T+D*>%&'()<+$%=8(+U=4*4<'$+45':H$4V+;)<+(84+'&(%@'(4>+;<)*(+H'664*=4<d6
;<)*(+'%<#'=B

.;(4<+(84+%=*%(%)*+%6+67%(&84>+)*L+(84+94$$)7+%*>%&'()<+$%=8(+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9
("<*6+)*+;)<+'+#<%4;+;"*&(%)*+&84&J+'*>+("<*6+);;+';(4<+64@4<'$+64&)*>6B

R<)*(+H'664*=4<c6+'%<#'=+>%6'#$4>B+384+94$$)7+%*>%&'()<+$%=8(+%*+(84+<));+&)*6)$4+$%=8(6+"H
&)*(%*")"6$9+M+;%=B+N B

R<)*(+H'664*=4<d6+'%<#'=+4*'#$4>B+384+94$$)7+%*>%&'()<+$%=8(+%*+(84+<));+&)*6)$4+=)46+)"(
'<)"*>+]P+64&)*>6+';(4<+67%(&8%*=+)*+(84+%=*%(%)*+)<+4*'#$%*=+(84+;<)*(+H'664*=4<d6+;<)*(
'%<#'=+7%(8+(84+J49+67%(&8+M+;%=B+Q B

D;+(84+;<)*(+H'664*=4<d6+;<)*(+'%<#'=+%6+>4'&(%@'(4>
>4'&(%@'(4>+'*>+(84+94$$)7+!.WW1/012+.D2+[.0+
%*>%&'()<+$%=8(+%*+(84+<));+&)*6)$4+>)46+*)(+6('9+)*+H4<:'*4*($9
>)46+*)(+6('9+)*+H4<:'*4*($9+)<+&):46+)*+()=4(84<+7%(8
(84+ +94$$)7+%*>%&'()<+$%=8(+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9L+(84<4+:'9+#4+'+:'$;"*&(%)*+%*+(84
.>@'*&4>+.%<#'=+W96(4:+M+ B
C.2/D/0
D;+(84<4+%6+'+:'$;"*&(%)*+%*+(84+'%<#'=+696(4:L+(84+'%<#'=+:'9+*)(+>4H$)9+&)<<4&($9+)<+'(+'$$L+)<+%(
:'9+>4H$)9+"*45H4&(4>$9B+38%6+&)"$>+&'"64+64@4<4+)<+;'('$+%*A"<%46B
● K'@4+(84+'%<#'=+696(4:+%*6H4&(4>+%::4>%'(4$9+#9+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'",
(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B
● /4@4<+64&"<4+'+&8%$>+<46(<'%*(+)*+(84+;<)*(+H'664*=4<d6+64'(B+24:)@4+(84+&8%$>+<46(<'%*(L+%;
H<464*(B+384+;<)*(+H'664*=4<c6+'%<#'=+&)"$>+6(%$$+>4H$)9+%*+(84+4@4*(+);+'+&)$$%6%)*L+>46H%(4
(84+:'$;"*&(%)*B

K%2+4,$'/22.5#6

(:5%4*6('1'.$>(2%('*3$.1(4$,.(=%$.$#'52#$%'(>*,3+#9.52#
384+94$$)7+%*>%&'()<+$%=8(+6('96+)*B+384<4+:'9+'$6)+#4+'+:466'=4+%*+(84+%*6(<":4*(+&$"6(4<
>%6H$'9B
.+:'$;"*&(%)*+8'6+#44*+>4(4&(4>+%*+'(+$4'6(+)*4+);+(84+'%<#'=6+)<+6';4(9+#4$(+H<4(4*6%)*4<6B
— 04(+H<);466%)*'$+'66%6('*&4B
— K'@4+(84+'%<#'=+696(4:+'*>+6';4(9+#4$(+H<4(4*6%)*4<6+&84&J4>B

(:5%4*6('1'.$>(2%('*3$.1(4$,.(=%$.$#'52#$%'(C$*9.58*.$C("5./
C5*6#2'.59(C$859$
.;(4<+(84+%=*%(%)*+%6+67%(&84>+)*L+(84+94$$)7+%*>%&'()<+$%=8(+("<*6+)*+;)<+'HH<)5%:'(4$9+;)"<+64&,
)*>6+'*>+(84*+#$%*J6+;)<+'HH<)5%:'(4$9+(74$@4+64&)*>6B+384<4+:'9+'$6)+#4+'+:466'=4+%*+(84+%*,
6(<":4*(+&$"6(4<+>%6H$'9B
.(+$4'6(+)*4+'%<#'=+)<+6';4(9+#4$(+H<4(4*6%)*4<+8'6+#44*+>4'&(%@'(4>+#9+'+>%'=*)6(%&+>4@%&4B
— 04(+H<);466%)*'$+'66%6('*&4B
— E84&J+%;+(84+'%<#'=+696(4:+)<+6';4(9+#4$(+H<4(4*6%)*4<6+:"6(+<4:'%*+>4'&(%@'(4>B

(?%2#.(=*''$#6$%&'(*5%4*6(C5'*4,$C
384+94$$)7+%*>%&'()<+$%=8(+;)<+(84+>4'&(%@'(4>+;<)*(+H'664*=4<c6+'%<#'=+6('96+)*B
384+H'664*=4<d6+;<)*(+'%<#'=+8'6+#44*+>4'&(%@'(4>B
— E84&J+784(84<+(84+;<)*(+H'664*=4<+;<)*(+'%<#'=+68)"$>+<4:'%*+>4'&(%@'(4>L+;)<+45':H$4+%;+"6,
%*=+'+&8%$>+64'(+%*+(84+;<)*(+H'664*=4<+64'(B

(?%2#.(=*''$#6$%&'(*5%4*6($#*4,$C
384+94$$)7+%*>%&'()<+$%=8(+;)<+(84+67%(&84>+)*+;<)*(+H'664*=4<d6+;<)*(+'%<#'=+&):46+)*+;)<+'#)"(
]P+64&)*>6+';(4<+67%(&8%*=+)*+(84+%=*%(%)*+)<+';(4<+67%(&8%*=+)*+(84+;<)*(+H'664*=4<d6+;<)*(
'%<#'=+7%(8+(84+J49+67%(&8B
384+;<)*(+H'664*=4<d6+;<)*(+'%<#'=+%6+67%(&84>+)*B
— E84&J+%;+(84+;<)*(+H'664*=4<d6+;<)*(+'%<#'=+:"6(+<4:'%*+67%(&84>+)*B

:5%4*6(C$'9%5=.52#(*#C(3+#9.52#

384+'%<#'=+&'*+H<)(4&(+@48%&$4+)&&"H'*(6+%*+'+&)$$%6%)*+#9+<4>"&%*=+(84+:)@4:4*(+);+@48%&$4+)&,
&"H'*(6+%*+(84+>%<4&(%)*+);+(84+%:H'&(+>"<%*=+;<)*('$+'*>+6%>4+&)$$%6%)*6B
384+'%<#'=+%6+;%$$4>+#9+'+='6+=4*4<'()<+784*+%(+>4H$)96B+C84*+(8%6+)&&"<6L+(84+'%<#'=+&)@4<6+)H4*
'*>+(84+'%<#'=6+"*;)$>+7%(8+=<4'(+;)<&4+%*()+(84+>4H$)9:4*(+?)*4+7%(8%*+:%$$%64&)*>6B+C84*+@4,
8%&$4+)&&"H'*(6+78)+'<4+74'<%*=+6';4(9+#4$(6+6%*J+%*()+(84+'%<#'=6L+(84+='6+&)*('%*4>+%*+(84
'%<#'=6+%6+<4$4'64>+%*+)<>4<+()+&"68%)*+(84+%*>%@%>"'$6+'*>+6$)7+(84%<+:)@4:4*(B+38%6+&'*+<4>"&4
(84+<%6J+);+64<%)"6+'*>+;'('$+%*A"<%46B+384+'%<#'=+&'**)(+'$7'96+H<4@4*(+)(84<+%*A"<%46L+6"&8+'6
674$$%*=L+#<"%646L+#"<*6L+'*>+'#<'6%)*6B+K4'(+;<):+;<%&(%)*+&'*+>4@4$)H+784*+(84+'%<#'=+>4H$)96B
.%<#'=6+>)+*)(+H<)@%>4+'*9+H<)(4&(%)*+;)<+'<:6+'*>+(84+$)74<+H'<(+);+(84+#)>9B
384+:)6(+%:H)<('*(+;'&()<6+;)<+(<%==4<%*=+'%<#'=+>4H$)9:4*(+'<4+(84+(9H4+);+&)$$%6%)*L+(84+'*=$4
);+%:H'&(L+(84+@48%&$4+6H44>L+'*>+(84+&8'<'&(4<%6(%&6+);+(84+)#A4&(+7%(8+78%&8+(84+@48%&$4+%6+&)$,
$%>%*=B+384<4;)<4L+(84+'%<#'=6+7%$$+*)(+>4H$)9+%*+'$$+6%("'(%)*6+784<4+(84<4+%6+@%6%#$4+@48%&$4
>':'=4B
384+>4H$)9:4*(+);+(84+'%<#'=+696(4:+>4H4*>6+)*+(84+@48%&$4+>4&4$4<'(%)*+<'(4+<46"$(%*=+;<):
(84+%:H'&(L+78%&8+%6+>4(4&(4>+#9+'*+4$4&(<)*%&+&)*(<)$+:)>"$4B+D;+(84+>4&4$4<'(%)*+<'(4+%6+#4$)7
(84+:%*%:":+@'$"4+H<)=<'::4>+%*()+(84+&)*(<)$+:)>"$4L+(84*+(84+'%<#'=6+7%$$+*)(+#4+>4H$)94>
4@4*+(8)"=8+(84<4+:'9+#4+6%=*%;%&'*(+@48%&$4+>':'=4B+384+45(4*(+);+@48%&$4+>':'=4L+(84+<4H'%<
&)6(6L+)<+4@4*+(84+'#64*&4+);+@48%&$4+>':'=4+%*+'+&)$$%6%)*+'<4+*)(+%*>%&'()<6+);+784(84<+(84
'%<#'=+68)"$>+8'@4+>4H$)94>+)<+*)(B+[4&'"64+6%("'(%)*6+&'*+@'<9+=<4'($9+':)*=+>%;;4<4*(+&)$$%,
6%)*6L+%(+%6+*)(+H)66%#$4+()+>4;%*4+'+<'*=4+);+@48%&$4+6H44>6+'*>+<4;4<4*&4+@'$"46B+384<4;)<4L+%(+%6
*)(+H)66%#$4+()+&)@4<+4@4<9+&)*&4%@'#$4+(9H4+);+%:H'&(+'*>+%:H'&(+'*=$4+(8'(+&)"$>+(<%==4<+'%<#'=
>4H$)9:4*(B+.:)*=+)(84<+(8%*=6L+%:H)<('*(+;'&()<6+;)<+'%<#'=+>4H$)9:4*(+%*&$">4+(84+&8'<'&,
(4<%6(%&6+);+(84+)#A4&(+7%(8+78%&8+(84+@48%&$4+&)$$%>46+U8'<>+)<+6);(VL+(84+'*=$4+);+%:H'&(L+'*>+(84
@48%&$4+6H44>B
.%<#'=6+'<4+)*$9+'+6"HH$4:4*(+()+(84+(8<44,H)%*(+'"():'(%&+6';4(9+#4$(6+%*+6):4+&)$$%6%)*6+784*
(84+>4&4$4<'(%)*+);+(84+@48%&$4+%6+=<4'(+4*)"=8+()+(<%==4<+'%<#'=+>4H$)9:4*(B+.%<#'=6+&'*+)*$9
>4H$)9+)*&4L+'*>+)*$9+"*>4<+&4<('%*+&)*>%(%)*6B+384+6';4(9+#4$(6+'<4+'$7'96+(84<4+()+H<)@%>4+H<),
(4&(%)*+%*+6%("'(%)*6+784<4+(84+'%<#'=6+>)+*)(+>4H$)9+)<+%;+(849+8'@4+'$<4'>9+>4H$)94>+p+;)<+45,
':H$4L+(8%6+:'9+#4+(84+&'64+%;+(84+@48%&$4+&)$$%>46+7%(8+'*)(84<+@48%&$4+)<+%6+8%(+#9+'*)(84<+@48%&$4
';(4<+(84+%*%(%'$+%:H'&(B
384+'%<#'=+696(4:+%6+H'<(+);+(84+4*(%<4+H'66%@4+@48%&$4+6';4(9+&)*&4H(B+384+'%<#'=+696(4:+&'*+)*$9
H<)@%>4+(84+#46(+H)66%#$4+H<)(4&(%)*+784*+%(+7)<J6+%*+&)*A"*&(%)*+7%(8+6';4(9+#4$(6+(8'(+'<4+;'6,
(4*4>+&)<<4&($9+'*>+'+&)<<4&(+64'(%*=+H)6%(%)*+ +UM+W4'(%*=+H)6%(%)*L+-46&<%H(%)*V B

E2>=2#$#.'(23(./$(8$/59,$('*3$.1(92#9$=.
384+@48%&$4+6';4(9+&)*&4H(+%6+&):H<%64>+);+(84+;)$$)7%*=+6';4(9+4I"%H:4*(+%*+(84+@48%&$4+(8'(+<4,
>"&46+(84+<%6J+);+64<%)"6+'*>+;'('$+%*A"<%46B+-4H4*>%*=+)*+@48%&$4+4I"%H:4*(L+6):4+4I"%H:4*(
:'9+*)(+#4+%*6('$$4>+%*+(84+@48%&$4+)<+:'9+*)(+#4+'@'%$'#$4+%*+6):4+:'<J4(6B
— GH(%:%?4>+6';4(9+#4$(6+%*+'$$+64'(%*=+H)6%(%)*6B
— W';4(9+#4$(+H<4(4*6%)*4<6+;)<+(84+><%@4<+'*>+;<)*(+H'664*=4<L+'*>+H)66%#$9+'$6)+;)<+)&&"H'*(6+);
(84+)"(4<+64'(6+%*+(84+<4'<+);+(84+@48%&$4L+%*+&)*A"*&(%)*+7%(8+6%>4+'%<#'=6B
— W';4(9+#4$(+$)'>+$%:%(4<6+;)<+><%@4<+'*>+;<)*(+H'664*=4<+'*>L+784<4+'HH$%&'#$4L+(84+)"(4<+<4'<
64'(6B
— [4$(+84%=8(+'>A"6(4<6+;)<+(84+;<)*(+64'(6B
— 24>+7'<*%*=+$%=8(+ +'*>+784<4+'HH$%&'#$4+6';4(9+#4$(+6('("6+%*>%&'()<B
— R<)*(+'%<#'=6+;)<+(84+><%@4<+'*>+;<)*(+H'664*=4<B
— W%>4+'%<#'=6+;)<+><%@4<L+;<)*(+H'664*=4<+'*>+784<4+'HH$%&'#$4+;)<+(84+)"(4<+<4'<+64'(6B
— b4;(+'*>+<%=8(+W%>4+E"<('%*+!<)(4&(%)*f+'%<#'=6B
— n4$$)7+'%<#'=+%*>%&'()<+$%=8(+ B
— n4$$)7+!.WW1/012+.D2+[.0+%*>%&'()<+$%=8(+ +%*+(84+&4*(4<+&)*6)$4B
— n4$$)7+!.WW1/012+.D2+[.0+%*>%&'()<+$%=8(+ +%*+(84+&4*(4<+&)*6)$4B
— E)*(<)$+:)>"$46+'*>+64*6)<6B
— W';4(9,)H(%:%?4>+'*>+84%=8(,'>A"6('#$4+84'>+<46(<'%*(6B
— .>A"6('#$4+6(44<%*=+&)$":*B
— C84<4+'HH$%&'#$4L+'*&8)<'=4+H)%*(6+;)<+&8%$>+<46(<'%*(6+)*+(84+)"(4<+<4'<+64'(6+'*>+(84+;<)*(
H'664*=4<+64'(B
— .(('&8:4*(+H)%*(6+;)<+(84+3)H+34(84<+6(<'H+;)<+&8%$>+<46(<'%*(6B

F5.+*.52#'("/$%$(3%2#.(*5%4*6'P('5C$(*5%4*6'(2%(F5C$(E+%.*5#(O%2M
.$9.52#Y(*5%4*6(C2(#2.(C$=,21X
— D;+(84+%=*%(%)*+%6+67%(&84>+);;+>"<%*=+'+&)$$%6%)*B
— D;+(84+>4&4$4<'(%)*+:4'6"<4>+#9+(84+&)*(<)$+:)>"$4+%6+())+$)7+>"<%*=+&)$$%6%)*6+'(+(84+@48%&$4
;<)*(+4*>B
— D*+*)*,64<%)"6+6%>4,)*+&)$$%6%)*6B
— D*+<4'<,4*>+&)$$%6%)*6B
— C84*+(84+@48%&$4+<)$$6+)@4<B
— D;+(84+&)$$%6%)*+6H44>+%6+$)74<+(8'*+(84+<4I"%<4>+<4;4<4*&4+@'$"4+%*+(84+&)*(<)$+:)>"$4B

?%2#.(*5%4*6'
R%=B+
R%=B+NN+ b)&'(%)*+'*>+>4H$)9:4*(+?)*4+);+(84+><%@4<c6+;<)*(+'%<#'=B

R%=B+
R%=B+QQ+ b)&'(%)*+'*>+>4H$)9:4*(+?)*4+);+(84+;<)*(+H'664*=4<c6+;<)*(+'%<#'=B
.6+'+6"HH$4:4*(+()+(84+6';4(9+#4$(6L+(84+;<)*(+'%<#'=+696(4:+);;4<6+'>>%(%)*'$+H<)(4&(%)*+;)<+(84
84'>+'*>+&846(+<4=%)*6+);+(84+><%@4<+'*>+;<)*(+H'664*=4<+>"<%*=+;<)*('$+&)$$%6%)*6+7%(8+8%=84<+%:,
H'&(+64@4<%(9B+.$7'96+:'%*('%*+'6+:"&8+>%6('*&4+'6+H)66%#$4+()+(84+;<)*(+'%<#'=+UM+W4'(%*=+H)6%,
(%)*L+-46&<%H(%)*V B+38%6+'$$)76+(84+;<)*(+'%<#'=6+()+45H'*>+&):H$4(4$9+>"<%*=+&)$$%6%)*6+'*>+(8"6
H<)@%>4+:'5%:":+H<)(4&(%)*B
384+;<)*(+'%<#'=+;)<+(84+><%@4<+%6+$)&'(4>+%*+(84+6(44<%*=+7844$+M+;%=B+N +'*>+(84+;<)*(+'%<#'=+;)<
(84+;<)*(+H'664*=4<+%6+$)&'(4>+%*+(84+%*6(<":4*(+H'*4$+M+;%=B+Q B+384+'%<#'=+$)&'(%)*6+'<4+%*>%&'(,
4>+#9+(84+7)<>+g.D2[.0hB
384+'<4'+)"($%*4>+%*+<4>+>4;%*46+784<4+(84+;<)*(+'%<#'=6+7%$$+>4H$)9+U>4H$)9:4*(+?)*4VB+384<4,
;)<4L+*4@4<+H$'&4+)<+'(('&8+)#A4&(6+%*+(8464+'<4'6+M+ B+384+'(('&8:4*(6+:)"*(4>+'(+(84+;'&()<9
7%$$+*)(+#4+';;4&(4>+#9+(84+>4H$)94>+><%@4<c6+'*>+;<)*(+H'664*=4<c6+;<)*(+'%<#'=B

-./012
.*+'%<#'=+>4H$)96+7%(8%*+'+;<'&(%)*+);+'+64&)*>+'*>+'(+'+@4<9+8%=8+6H44>B
● .$7'96+J44H+(84+>4H$)9:4*(+?)*46+);+;<)*(+'%<#'=6+&$4'<B
● /4@4<+'(('&8+)#A4&(6+)*+(84+&)@4<6+)<+%*+(84+>4H$)9:4*(+?)*4+);+(84+'%<#'=+:)>"$4L+6"&8+'6
&"H+8)$>4<6+)<+H8)*4+8)$>4<6B
● 384<4+68)"$>+#4+*)+H4)H$4L+'*%:'$6L+)<+)#A4&(6+#4(744*+(84+)&&"H'*(6+);+(84+;<)*(+64'(6+'*>
(84+'%<#'=+>4H$)9:4*(+?)*4B+a'J4+6"<4+(8'(+&8%$><4*+'*>+H'664*=4<6+'$6)+;)$$)7+(8%6
="%>4$%*4B
● -)+*)(+'(('&8+'*9+)#A4&(6+()+(84+7%*>68%4$>+'#)@4+(84+;<)*(+'%<#'=+)*+(84+H'664*=4<d6+6%>4L
6"&8+'6+:)#%$4+*'@%='(%)*+>4@%&46B
● -)+*)(+('H4+)@4<+)<+&)@4<+(84+6(44<%*=+7844$+:'(4<%'$+'*>+(84+;)':+6"<;'&4+);+(84+;<)*(
'%<#'=+:)>"$4+%*+(84+%*6(<":4*(+H'*4$+)*+(84+H'664*=4<d6+6%>4L+)<+:)>%;9+(84:+%*+'*)(84<
7'9B

C.2/D/0
384+;<)*(+'%<#'=6+45H'*>+%*+;<)*(+);+(84+6(44<%*=+7844$+M+;%=B+N +'*>+(84+%*6(<":4*(+H'*4$
M+;%=B+Q B
● .$7'96+8)$>+(84+6(44<%*=+7844$+7%(8+#)(8+8'*>6+)*+(84+6%>46+);+(84+)"(4<+4>=4T+*%*4+)c&$)&J
'*>+(8<44+)c&$)&J+H)6%(%)*B
● .>A"6(+(84+><%@4<d6+64'(+6)+(8'(+(84<4+%6+'(+$4'6(+NP+%*&846+U'HH<)5%:'(4$9+Q\+&:V+#4(744*
9)"<+&846(+'*>+(84+&4*(4<+);+(84+6(44<%*=+7844$B+D;+9)"+'<4+*)(+H896%&'$$9+'#$4+()+>)+(8%6L+9)"
:"6(+&)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B
● .>A"6(+(84+;<)*(+H'664*=4<d6+64'(+6)+(8'(+(84<4+%6+(84+:)6(+H)66%#$4+>%6('*&4+#4(744*+(84
;<)*(+H'664*=4<+'*>+(84+%*6(<":4*(+H'*4$B

F"5.9/5#6(2#(*#C(233(./$(3%2#.(=*''$#6$%(*5%4*6
R%=B+
R%=B+NN+ D*+(84+%*6(<":4*(+H'*4$+)*+(84+;<)*(+H'664*=4<+6%>4T+S49,)H4<'(4>+67%(&8+()+("<*+)*+'*>
);;+(84+;<)*(+H'664*=4<+'%<#'=6B

384+;<)*(+H'664*=4<+'%<#'=+:"6(+#4+67%(&84>+);;L+784*+%*6('$$%*=+'+#'&J7'<>6+;'&%*=
&8%$>+64'(+%*+(84+;<)*(+H'664*=4<+64'(B

F"5.9/5#6(2#(./$(3%2#.(=*''$#6$%(*5%4*6
— W7%(&8+(84+%=*%(%)*+);;B
— GH4*+(84+;<)*(+H'664*=4<+>))<B
— R"$$9+;)$>+)"(+(84+J49+#%(+);+(84+@48%&$4+J49B
— D*64<(+(84+J49+#%(+%*()+(84+J49+67%(&8+%*+(84+%*6(<":4*(+H'*4$+"*(%$+9)"+;44$+<46%6('*&4+;)<+'+64&,
)*>+(%:4+M+;%=B+N B+.(+(8%6+H)%*(L+(84+J49+#%(+7%$$+#4+%*64<(4>+'HH<)5%:'(4$9+OYZ+);+(84+7'9+%*()
(84+J49+67%(&8+M+ B
— 3"<*+(84+@48%&$4+J49+()+(84+ +H)6%(%)*+7%(8)"(+'HH$9%*=+6%=*%;%&'*(+;)<&4B
— !"$$+(84+@48%&$4+J49+)"(+);+(84+J49+67%(&8+'*>+;)$>+%*+(84+J49+#%(+M+ B

384+94$$)7+!.WW1/012+.D2+[.0+%*>%&'()<+$%=8(+ +%*+(84+&4*(4<+&)*6)$4+7%$$+$%=8(+"H+'*>+("<*
);;+';(4<+'HH<)5%:'(4$9+]P+64&)*>6+UM+D*>%&'()<+$%=8(+6('*>'<>+'%<#'=+696(4:L+-46&<%H(%)*V B
— E$)64+(84+;<)*(+H'664*=4<+>))<B
— E84&J+(8'(+(84+94$$)7+!.WW1/012+.D2+[.0+ +%*>%&'()<+$%=8(+%*+(84+&4*(4<+&)*6)$4+>)46
*)( +$%=8(+"H+784*+(84+%=*%(%)*+%6+67%(&84>+)*+UM+D*>%&'()<+$%=8(+6('*>'<>+'%<#'=+696(4:L+-4,
6&<%H(%)*V B

F"5.9/5#6(233(./$(3%2#.(=*''$#6$%(*5%4*6
— W7%(&8+(84+%=*%(%)*+);;B
— GH4*+(84+;<)*(+H'664*=4<+>))<B
— R"$$9+;)$>+)"(+(84+J49+#%(+);+(84+@48%&$4+J49B
— D*64<(+(84+J49+#%(+%*()+(84+J49+67%(&8+%*+(84+%*6(<":4*(+H'*4$+"*(%$+9)"+;44$+<46%6('*&4+;)<+'+64&,
)*>+(%:4+M+;%=B+N B+.(+(8%6+H)%*(L+(84+J49+#%(+7%$$+#4+%*64<(4>+'HH<)5%:'(4$9+OYZ+);+(84+7'9+%*()
(84+J49+67%(&8+M+ B
— 3"<*+(84+@48%&$4+J49+()+(84+ +H)6%(%)*+7%(8)"(+'HH$9%*=+6%=*%;%&'*(+;)<&4B
— !"$$+(84+@48%&$4+J49+)"(+);+(84+J49+67%(&8+'*>+;)$>+%*+(84+J49+#%(+M+ B
— E$)64+(84+;<)*(+H'664*=4<+>))<B

384+94$$)7+!.WW1/012+.D2+[.0+ +%*>%&'()<+$%=8(+%*+(84+&4*(4<+&)*6)$4+$%=8(6+"H+'*>+6('96+)*
784*+(84+%=*%(%)*+%6+67%(&84>+)*+UM+D*>%&'()<+$%=8(+6('*>'<>+'%<#'=+696(4:L+-46&<%H(%)*V B

L2"(.2(%$926#5V$(./*.(./$(3%2#.(=*''$#6$%(*5%4*6(5'('"5.9/$C(233
384+)*$9
)*$9+%*>%&'(%)*+(8'(+(84+;<)*(+H'664*=4<+'%<#'=+%6+67%(&84>+);;+%6+(84+&)*6('*($9+%$$":%*'(4>
!.WW1/012+.D2+[.0+ +%*>%&'()<+$%=8(+U +78%&8+%6+H4<:'*4*($9+94$$)7V+UM+D*>%&'()<+$%=8(
6('*>'<>+'%<#'=+696(4:L+-46&<%H(%)*V B
D;+(84+94$$)7+!.WW1/012+.D2+[.0+%*>%&'()<+$%=8(+ +>)46+*)(+$%=8(+"H+&)*(%*")"6$9
>)46+*)(+$%=8(+"H+&)*(%*")"6$9+)<+(),
=4(84<+7%(8+(84+94$$)7+%*>%&'()<+$%=8(+ +)*+(84+>%6H$'9+);+(84+%*6(<":4*(+&$"6(4<L+'+&8%$>+<46(<'%*(
696(4:+:"6(+*)(+#4+;%((4>+)*()+(84+;<)*(+H'664*=4<+64'(+;)<+6';4(9+<4'6)*6B+384+;<)*(+H'664*=4<
'%<#'=+&)"$>+(<%==4<+%;+(84<4+%6+'*+'&&%>4*(B

C.2/D/0
384+;<)*(+H'664*=4<+'%<#'=+:'9+)*$9+#4+67%(&84>+);;+%*+6H4&%'$+&%<&":6('*&46B
● G*$9+67%(&8+(84+;<)*(+H'664*=4<+'%<#'=+)*+'*>+);;+7%(8+(84+%=*%(%)*+67%(&84>+);;L+()+'@)%>
>':'=4+()+(84+'%<#'=+696(4:B
● D(+%6+(84+><%@4<d6+<46H)*6%#%$%(9+()+64(+(84+J49,)H4<'(4>+67%(&8+()+(84+&)<<4&(+H)6%(%)*B
● G*$9+67%(&8+);;+(84+;<)*(+H'664*=4<+'%<#'=+%*+45&4H(%)*'$+&%<&":6('*&46L+784*+(84+&8%$>+64'(
%6+;%((4>+%*+(84+;<)*(+H'664*=4<+64'(B
● W7%(&8+(84+;<)*(+H'664*=4<+'%<#'=+#'&J+)*+'='%*+'6+6))*+'6+(84+&8%$>+64'(+%*+(84+;<)*(+H'6,
64*=4<+64'(+%6+*)(+%*+"64B

C.2/D/0
-)+*)(+$4'@4+(84+@48%&$4+J49+%*64<(4>+%*+(84+J49+67%(&8+78%$4+><%@%*=B
● X%#<'(%)*6+&'*+&'"64+(84+@48%&$4+J49+()+"*%*(4*(%)*'$$9+("<*+%*+(84+J49+67%(&8+'*>+H)(4*(%'$$9
'&(%@'(4+(84+;<)*(+H'664*=4<d6+;<)*(+'%<#'=B
● 384+;<)*(+H'664*=4<+'%<#'=+&)"$>+(<%==4<+"*%*(4*(%)*'$$9L+78%&8+&)"$>+&'"64+64@4<4+)<+;'('$
%*A"<%46B

/G3DE1
D;+(84+J49+#%(+%6+*)(+H<)H4<$9+%*64<(4>L+%(+&)"$>+>':'=4+(84+J49,)H4<'(4>+67%(&8+784*+%(+("<*6B

/G3DE1
-)+*)(+$4'@4+(84+@48%&$4+J49+%*64<(4>+%*+(84+J49+67%(&8L+'6+(8%6+:'9+&'"64+>':'=4+()+(84+>))<
(<%:+H'*4$L+%*6(<":4*(+H'*4$L+J49+67%(&8+'*>+@48%&$4+J49+784*+(84+;<)*(+H'664*=4<+>))<+%6
&$)64>B
F5C$(*5%4*6'

R%=B+
R%=B+NN+ G*+(84+$4;(+6%>4+);+(84+@48%&$4T+W%>4+'%<#'=+>4H$)9:4*(+?)*4B
R%=B+
R%=B+QQ+ D*+(84+6%>4+);+(84+;<)*(+64'(T+W%>4+'%<#'=+%*6('$$'(%)*+$)&'(%)*+'*>+>4H$)9:4*(+?)*4B

-4H4*>%*=+)*+(84+@48%&$4+4I"%H:4*(L+6%>4+'%<#'=6+'<4+%*6('$$4>+;)<+(84+;<)*(L+'*>+;)<+<4'<+)"(4<
64'(6+M+;%=B+N B
384+6%>4+'%<#'=6+;)<+(84+;<)*(+64'(6+'<4+%*+(84+)"(4<+#'&J<46(+H'>>%*=+);+#)(8+(84+><%@4<+'*>+;<)*(
H'664*=4<+64'(6+M+;%=B+Q B
384+6%>4+'%<#'=6+;)<+(84+)"(4<+<4'<+64'(6L+%;+%*6('$$4>L+'<4+$)&'(4>+#4(744*+(84+>))<+'*>+4'&8+<4'<
64'(+#'&J<46(B
384+$)&'(%)*6+);+(84+6%>4+'%<#'=6+'<4+:'<J4>+7%(8+(84+7)<>+g.D2[.0hB
384+'<4'+)"($%*4>+%*+<4>+>4;%*46+(84+'<4'+784<4+(84+6%>4+'%<#'=6+>4H$)9+U>4H$)9:4*(+?)*4V
M+;%=B+N +'*>+M+;%=B+Q B+384<4;)<4L+*4@4<+H$'&4+)<+'(('&8+)#A4&(6+%*+(8464+'<4'6+M+ B
D*+(84+4@4*(+);+'+6%>4+%:H'&(+&)$$%6%)*L+(84+6%>4+'%<#'=6+<4>"&4+(84+<%6J+);+%*A"<9+()+(84+H'664*=4<6
)*+(84+6%>4+);+%:H'&(B
C.2/D/0
.*+'%<#'=+>4H$)96+7%(8%*+'+;<'&(%)*+);+'+64&)*>+'*>+'(+'+@4<9+8%=8+6H44>B
● .$7'96+J44H+(84+>4H$)9:4*(+?)*46+);+6%>4+'%<#'=6+&$4'<B
● 384<4+68)"$>+#4+*)+H4)H$4L+'*%:'$6L+)<+)#A4&(6+#4(744*+(84+)&&"H'*(6+);+(84+;<)*(+64'(6+)<
)"(4<+<4'<+64'(6+'*>+(84+'%<#'=+>4H$)9:4*(+?)*4B+a'J4+6"<4+(8'(+&8%$><4*+'*>+H'664*=4<6
'$6)+;)$$)7+(8%6+="%>4$%*4B
● G*$9+8'*=+$%=8(74%=8(+&$)(8%*=+;<):+(84+='<:4*(+8))J6+%*+(84+@48%&$4B+/4@4<+6()<4+84'@9+)<
68'<H,4>=4>+)#A4&(6+%*+H)&J4(6B
● -)+*)(+'(('&8+'*9+'&&466)<%46+()+(84+>))<6B
● G*$9+"64+64'(+&)@4<6+)<+H<)(4&(%@4+&)@4<6+(8'(+'<4+6H4&%;%&'$$9+'HH<)@4>+;)<+"64+%*+9)"<+@48%,
&$4B+G(84<7%64L+(84+6%>4+'%<#'=+:'9+*)(+45H'*>+784*+>4H$)94>B

C.2/D/0
D*&)<<4&(+8'*>$%*=+'*>+"64+);+(84+><%@4<c6+'*>+;<)*(+H'664*=4<c6+64'(+&'*+%*8%#%(+(84+6%>4+'%<#'=6
;<):+;"*&(%)*%*=+&)<<4&($9+'*>+&'"64+64<%)"6+%*A"<%46B
● /4@4<+<4:)@4+(84+;<)*(+64'(6+;<):+(84+@48%&$4+)<+:)>%;9+H'<(6+);+(84:B
● D;+())+:"&8+;)<&4+%6+'HH$%4>+()+(84+64'(+#'&J<46(+#)$6(4<6L+(84+6%>4+'%<#'=6+:'9+*)(+>4H$)9
&)<<4&($9L+>4H$)9+"*45H4&(4>$9L+)<+*)(+>4H$)9+'(+'$$B
● K'@4+'*9+>':'=4+()+(84+)<%=%*'$+64'(+&)@4<6+)<+(84+64':+%*+(84+6%>4+'%<#'=+:)>"$4+'<4'6+<4,
H'%<4>+%::4>%'(4$9+#9+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4
R'&%$%(9B

F5C$(E+%.*5#(O%2.$9.52#Y

R%=B+
R%=B+NN+ G*+(84+$4;(+6%>4+);+(84+@48%&$4T+$)&'(%)*+'*>+>4H$)9:4*(+?)*4+);+(84+W%>4+E"<('%*
!<)(4&(%)*fB

-4H4*>%*=+)*+@48%&$4+4I"%H:4*(L+W%>4+E"<('%*+!<)(4&(%)*f+:'9+#4+%*6('$$4>+)*+(84+><%@4<c6+'*>
H'664*=4<d6+6%>4+%*6%>4+(84+@48%&$4+'#)@4+(84+>))<6+M+;%=B+N B
384+$)&'(%)*6+);+(84+W%>4+E"<('%*+!<)(4&(%)*f+'<4+:'<J4>+7%(8+(84+7)<>+g.D2[.0hB
384+'<4'+)"($%*4>+%*+<4>+>4;%*46+784<4+(84+W%>4+E"<('%*+!<)(4&(%)*f+7%$$+>4H$)9+U>4H$)9:4*(
?)*4V+M+;%=B+N B+384<4;)<4L+*4@4<+H$'&4+)<+'(('&8+)#A4&(6+%*+(8%6+'<4'+M+ B
D;+(84+@48%&$4+%6+6(<"&J+;<):+(84+6%>4L+(84+W%>4+E"<('%*+!<)(4&(%)*f+7%$$+>4H$)9+)*+(84+6%>4+);+@48%,
&$4+%:H'&(B
D*+(84+4@4*(+);+'+6%>4+%:H'&(+&)$$%6%)*L+(84+W%>4+E"<('%*+!<)(4&(%)*f+<4>"&46+(84+<%6J+);+%*A"<9+()
(84+H'664*=4<6+%*+(84+;<)*(+'*>+)"(4<+<4'<+64'(6+)*+(84+6%>4+);+%:H'&(B

C.2/D/0
.*+'%<#'=+>4H$)96+7%(8%*+'+;<'&(%)*+);+'+64&)*>+'*>+'(+'+@4<9+8%=8+6H44>B
● .$7'96+J44H+(84+W%>4+E"<('%*+!<)(4&(%)*f+>4H$)9:4*(+?)*46+&$4'<B
● /4@4<+'(('&8+)#A4&(6+()+(84+&)@4<+)<+()+(84+W%>4+E"<('%*+!<)(4&(%)*f+>4H$)9:4*(+?)*4B
● 384<4+68)"$>+#4+*)+H4)H$4L+'*%:'$6L+)<+)#A4&(6+#4(744*+(84+)&&"H'*(6+);+(84+;<)*(+64'(6+)<
)"(4<+<4'<+64'(6+'*>+(84+'%<#'=+>4H$)9:4*(+?)*4B+a'J4+6"<4+(8'(+&8%$><4*+'*>+H'664*=4<6
'$6)+;)$$)7+(8%6+="%>4$%*4B
● G*$9+8'*=+$%=8(74%=8(+&$)(8%*=+;<):+(84+='<:4*(+8))J6+%*+(84+@48%&$4B+/4@4<+6()<4+84'@9+)<
68'<H,4>=4>+)#A4&(6+%*+H)&J4(6B
● -)+*)(+'(('&8+'*9+'&&466)<%46+()+(84+>))<6B
● -)+*)(+'(('&8+'*9+6"*68'>46+()+(84+6%>4+7%*>)76+(8'(+'<4+*)(+6H4&%;%&'$$9+'HH<)@4>+;)<+"64
%*+(84+@48%&$4B
● G*$9+H%@)(+6"*68'>46+()7'<>+(84+6%>4+7%*>)76+%;+*)+)#A4&(6+6"&8+'6+H4*6+)<+='<'=4+>))<
)H4*4<6+'<4+'(('&84>+()+(84+@%6)<B

K%*#'=2%.5#6(9/5,C%$#('*3$,1

G#.%2C+9.52#

K1=$'(23(9/5,C(%$'.%*5#.'
R%=B+
R%=B+NN+ 15':H$4+);+&8%$>+<46(<'%*(6B

G*$9+"64+&8%$>+<46(<'%*(6+(8'(+'<4+$4='$$9+'HH<)@4>+'*>+6"%('#$4+;)<+(84+&8%$>+"6%*=+(84:B

E/5,C(%$'.%*5#.('.*#C*%C'
24="$'(%)*6+1E1,2+ZZ+)<+1E1,2+NQ`+'HH$9+()+&8%$>+<46(<'%*(6+%*+:4:#4<+&)"*(<%46+M+E8%$>+<4,
6(<'%*(+6('*>'<>6 B+[)(8+<4="$'(%)*6+'HH$9+%*+H'<'$$4$B+E8%$>+64'(6+(8'(+8'@4+#44*+%*6H4&(4>+%*+'&,
&)<>'*&4+7%(8+(8%6+6('*>'<>+8'@4+'*+)<'*=4+1E1+64'$+);+'HH<)@'$B+384+1E1+64'$+);+'HH<)@'$+:'9
&)*('%*+(84+;)$$)7%*=+%*;)<:'(%)*+'#)"(+(84+&8%$>+<46(<'%*(T
— C4%=8(+&$'66
— W%?4+&$'66
— .HH<)@'$+&'(4=)<9+U"*%@4<6'$L+64:%,"*%@4<6'$L+@48%&$4,6H4&%;%&L+)<+%,6%?4VB
— .HH<)@'$+*":#4<B

R)<+&8%$>+64'(6+(8'(+'<4+'HH<)@4>+%*+'&&)<>'*&4+7%(8+<4="$'(%)*+1E1,2+ZZL+(84+4%=8(,>%=%(+'H,
H<)@'$+*":#4<+)*+(84+1E1+64'$+);+'HH<)@'$+:"6(+#4=%*+7%(8+PO+)<+PZB+38%6+%*>%&'(46+(8'(+(84+64'(
%6+H4<:%((4>B+G$>4<+&8%$>+<46(<'%*(6+78)64+*":#4<+#4=%*6+7%(8+PN+)<+PQ+'<4+*)(+H4<:%((4>B

E/5,C(%$'.%*5#.'(*992%C5#6(.2("$56/.(9,*''$'
E$'66 C4%=8(+);+(84+&8%$>

0<)"H+P FH+()+NP+J=

0<)"H+Pj FH+()+NO+J=

0<)"H+N `+()+N_+J=

0<)"H+Q N\+()+Q\+J=

0<)"H+O QQ+()+O]+J=
C4%=8(+&$'66+PYPjT+<4'<,;'&%*=+%*;'*(+6';4(9+64'(6+M+;%=B+N +;<):+=<)"H+PYPj+)<+PYN+'<4+#46(
— C4%=8(+&$'66+PYPj
6"%(4>+;<):+#%<(8+()+'HH<)5%:'(4$9+N_+:)*(86B
— C4%=8(+&$'66+N
C4%=8(+&$'66+NT+';(4<+<4'&8%*=+(84+74%=8(+$%:%(L+&8%$>+<46(<'%*(6+;<):+=<)"H+N+U"H+()+'HH<)5%,
:'(4$9+;)"<+94'<6V+'*>+=<)"H+NYQ+U"H+()+'HH<)5%:'(4$9+64@4*+94'<6V+7%(8+'*+%*(4=<'(4>+6';4(9
#4$(+696(4:+'<4+(84+:)6(+6"%('#$4B
— C4%=8(+&$'6646+QYO
C4%=8(+&$'6646+QYOT+=<)"H6+Q+'*>+O+&)*('%*+&8%$>+<46(<'%*(6+7%(8+#'&J<46(+'*>+#))6(4<+64'(6
7%(8)"(+#'&J<46(6B+[4&'"64+);+(84%<+%*(4=<'(4>+6';4(9+#4$(6+'*>+6%>4+#)$6(4<6L+&8%$>+<46(<'%*(6
7%(8+'+#'&J<46(+H<)@%>4+#4((4<+H<)(4&(%)*+(8'*+#))6(4<+64'(6+7%(8)"(+'+#'&J<46(B+384<4;)<4L
X)$J67'=4*+<4&)::4*>6+"6%*=+&8%$>+<46(<'%*(6+7%(8+'+#'&J<46(B+E8%$>+<46(<'%*(6+%*+=<)"H+Q+'<4
6"%('#$4+;)<+&8%$><4*+"H+()+'HH<)5%:'(4$9+^+94'<6+)$>B+E8%$>+<46(<'%*(6+%*+=<)"H+O+'<4+6"%(4>+;)<
&8%$><4*+)$>4<+(8'*+'HH<)5%:'(4$9+^+94'<6+)$>B

/)(+'$$+&8%$><4*+'&<)66+(84+#)'<>+;%(+%*()+(84+&8%$>+<46(<'%*(6+%*+(84%<+74%=8(+=<)"HB+.$6)L+*)(+'$$
64'(6+;%(+%*+4@4<9+@48%&$4B+384<4;)<4L+'$7'96+&84&J+%;+(84+&8%$>+;%(6+%*()+(84+64'(+&)<<4&($9+'*>+%;+(84
&8%$>+64'(+&'*+#4+64&"<4>+%*+9)"<+@48%&$4B

E/5,C(%$'.%*5#.'(*992%C5#6(.2(*==%28*,(9*.$62%5$'
E8%$>+<46(<'%*(6+&'*+#4+%*+(84+g"*%@4<6'$hL+g64:%,"*%@4<6'$hL+g@48%&$4,6H4&%;%&h+U'$$+%*+'&&)<>'*&4
7%(8+<4="$'(%)*+1E1,2+ZZV+)<+g%,W%?4h+U%*+'&&)<>'*&4+7%(8+<4="$'(%)*+1E1,2+NQ`V+'HH<)@'$
&'(4=)<9B
— F*%@4<6'$
F*%@4<6'$T+E8%$>+<46(<'%*(6+7%(8+g"*%@4<6'$h+'HH<)@'$+'<4+'HH<)@4>+;)<+%*6('$$'(%)*+%*+'$$+@48%,
&$46B+.+$%6(+);+:)>4$6+%6+*)(+*44>4>B+C%(8+"*%@4<6'$+'HH<)@'$+;)<+DWGRDqL+(84+&8%$>+<46(<'%*(+%6
'$6)+64&"<4>+"6%*=+'+3)H+34(84<+"HH4<+6(<'HB
— W4:%,"*%@4<6'$
W4:%,"*%@4<6'$T+D*+'>>%(%)*+()+(84+6('*>'<>+<4I"%<4:4*(6+;)<+"*%@4<6'$+'HH<)@'$L+g64:%,"*%,
@4<6'$h+'HH<)@'$+<4I"%<46+6';4(9+4I"%H:4*(+;)<+64&"<%*=+(84+&8%$>+<46(<'%*(+(8'(+<4I"%<46+'>>%,
(%)*'$+(46(6B+E8%$>+<46(<'%*(6+7%(8+g64:%,"*%@4<6'$h+'HH<)@'$+8'@4+'+:)>4$+$%6(+(8'(+:"6(+&)*,
('%*+(84+@48%&$4+%*+78%&8+(84+64'(+7%$$+#4+"64>B
— X48%&$4,6H4&%;%&
X48%&$4,6H4&%;%&T+@48%&$4,6H4&%;%&+'HH<)@'$+<4I"%<46+'+64H'<'(4+>9*':%&+(46(+);+(84+&8%$>+<4,
6(<'%*(+%*+(84+@48%&$4+;)<+4'&8+@48%&$4+:)>4$B+E8%$>+<46(<'%*(6+7%(8+@48%&$4,6H4&%;%&+'HH<)@'$
'$6)+8'@4+'+:)>4$+$%6(B
— %,W%?4
%,W%?4T+E8%$>+<46(<'%*(6+7%(8+g%,W%?4h+'HH<)@'$+:"6(+&)*;)<:+()+(84+<4I"%<4:4*(6+;)<+%*6('$$',
(%)*+'*>+6';4(9+(8'(+'<4+&)*('%*4>+%*+(84+1E1,2+NQ`+<4="$'(%)*B+n)"+&'*+)#('%*+%*;)<:'(%)*
'#)"(+78%&8+&8%$>+<46(<'%*(6+8'@4+%,W%?4+'HH<)@'$+;)<+(8%6+@48%&$4+;<):+(84+&8%$>+<46(<'%*(
:'*";'&("<4<6B

G#'.*,,5#6(*#C(+'5#6(9/5,C(%$'.%*5#.'
R%=B+
R%=B+NN+ 04*4<'$+45':H$4T+'%<#'=+$'#4$+)*+(84+6"*+@%6)<B

R%=B+
R%=B+QQ+ 04*4<'$+45':H$4T+'%<#'=+)*+(84+[,H%$$'<B

E2+#.%1M'=$95359('=$95359*.52#'
384<4+'<4+>%;;4<4*(+6('*>'<>6+'*>+<4I"%<4:4*(6+%*+>%;;4<4*(+&)"*(<%46+;)<+"6%*=+&8%$>+<46(<'%*(6
'*>+(84%<+'(('&8:4*(+)H(%)*6B+3<'*6H)<(%*=+&8%$><4*+)*+(84+;<)*(+H'664*=4<c6+64'(+%6+*)(+H4<:%(,
(4>+%*+'$$+&)"*(<%46B+b'76+'*>+<4="$'(%)*6+('J4+H<4&4>4*&4+)@4<+(84+>46&<%H(%)*6+%*+(8%6+G7*4<c6
a'*"'$B

J2.$'(2#(5#'.*,,5#6(*(9/5,C(%$'.%*5#.
/)(4+(84+;)$$)7%*=+%*;)<:'(%)*+784*+%*6('$$%*=+'+&8%$>+<46(<'%*(B+3849+'<4+'HH$%&'#$4+()+&8%$>+<4,
6(<'%*(6+7%(8+4@4<9+64&"<%*=+696(4:B
— 24'>+'*>+;)$$)7+(84+="%>4+;<):+(84+&8%$>+<46(<'%*(+:'*";'&("<4<+M+ B
— D(+%6+#46(+()+%*6('$$+(84+&8%$>+<46(<'%*(6+)*+(84+<4'<+64'(+#48%*>+(84+;<)*(+H'664*=4<+64'(+6)+(8'(
&8%$><4*+&'*+45%(+(84+@48%&$4+)*+(84+6%>4+(8'(+%6+'7'9+;<):+(<';;%&B
— .>A"6(+(84+84%=8(+);+(84+6';4(9+#4$(+6)+(8'(+(84+#4$(+74##%*=+<"*6+*'("<'$$9+'$)*=+(84+&8%$>+<4,
6(<'%*(+7%(8)"(+'*9+68'<H+#4*>6+%*+(84+74##%*=B+R)<+<4'<,;'&%*=+&8%$>+<46(<'%*(6L+"64+(84+$)746(
H)6%(%)*+);+(84+64'(+#4$(+84%=8(+'>A"6(4<B
— W7%(&8+);;+(84+;<)*(+H'664*=4<+;<)*(+'%<#'=+#4;)<4+%*6('$$%*=+'+#'&J7'<>,;'&%*=+&8%$>+64'(+%*
(84+;<)*(+H'664*=4<+64'(B
— D;+%*6('$$%*=+)*+(84+;<)*(+H'664*=4<c6+64'(L+:)@4+(84+64'(+'$$+(84+7'9+#'&J+'*>+:)@4+%(+%*()+(84
8%=846(+H)6%(%)*+H)66%#$4B+[<%*=+(84+#'&J<46(+%*()+(84+"H<%=8(+H)6%(%)*+UM+W4'(%*=+H)6%(%)*L+-4,
6&<%H(%)*V B
— .$7'96+$4'@4+6";;%&%4*(+;<44+6H'&4+'<)"*>+(84+&8%$>+<46(<'%*(B+.>A"6(+(84+H)6%(%)*+);+(84+64'(+%*
;<)*(+);+%(+%;+H)66%#$4B+.$7'96+:'J4+6"<4+(84+><%@4<+'*>+;<)*(+H'664*=4<6+'<4+"6%*=+'+&)<<4&(
64'(%*=+H)6%(%)*+UM+W4'(%*=+H)6%(%)*L+-46&<%H(%)*V B
— 384+#'&J<46(+);+(84+&8%$>+64'(+68)"$>+#4+H)6%(%)*4>+'6+&$)64+'6+H)66%#$4+()+(84+#'&J<46(+)*+(84
@48%&$4+64'(B+.>A"6(+(84+'*=$4+);+(84+@48%&$4+64'(+6)+(8'(+(84+&8%$>+<46(<'%*(+&)*('&(6+%(+;"$$9B+D;
(84+&8%$>+<46(<'%*(+&):46+%*()+&)*('&(+7%(8+(84+@48%&$4+84'>+<46(<'%*(+784*+%*6('$$4>+'*>+H<4,
@4*(6+%(+;<):+;%((%*=+&)<<4&($9L+:)@4+(84+@48%&$4+84'>+<46(<'%*(+'$$+(84+7'9+"H+)<+<4:)@4+%(+'*>
6()<4+%(+64&"<4$9+%*+(84+@48%&$4+UM+W4'(%*=+H)6%(%)*L+-46&<%H(%)*V B

:5%4*6(,*4$,
b'#4$6+7%(8+%:H)<('*(+%*;)<:'(%)*+'#)"(+(84+H'664*=4<d6+;<)*(+'%<#'=+'<4+$)&'(4>+%*+(84+@48%&$4B
384+&)*(4*(+>4H4*>6+)*+(84+&)"*(<9+'*>+:'9+@'<9B+384+$'#4$6+:'9+#4+$)&'(4>+%*+(84+;)$$)7%*=
H$'&46T
— G*+(84+><%@4<d6+'*>+;<)*(+H'664*=4<d6+6"*+@%6)<6+M+;%=B+N B
— G*+(84+[,H%$$'<+)*+(84+H'664*=4<d6+6%>4+M+;%=B+Q B

.$7'96+;)$$)7%*=+(84+7'<*%*=6+#4;)<4+%*6('$$%*=+'+<4'<,;'&%*=+&8%$>+<46(<'%*(+M+ B

A*#6$%'("/$#(.%*#'=2%.5#6(9/5,C%$#(2#(./$(3%2#.(=*''$#6$%B'('$*.
D;+"6%*=+'+<4'<,;'&%*=+&8%$>+<46(<'%*(
<4'<,;'&%*=+&8%$>+<46(<'%*(L+(84+;<)*(+H'664*=4<c6+;<)*(+'%<#'=+&'*+&'"64+$%;4,(8<4'(,
4*%*=+)<+;'('$+%*A"<%46+%;+%(+>4H$)96+M+ B
24'<,;'&%*=+&8%$>+<46(<'%*(6+:'9+)*$9+#4+"64>+)*+(84+;<)*(+H'664*=4<+64'(+%;+(84+;<)*(+H'664*=4<d6
;<)*(+'%<#'=+%6+67%(&84>+);;+UM+.%<#'=+696(4:L+-46&<%H(%)*V +UM+.>@'*&4>+.%<#'=+W96(4:L+-4,
6&<%H(%)*V B+384+!.WW1/012+.D2+[.0+ +%*>%&'()<+$%=8(+%6+H4<:'*4*($9+$%(+"H+94$$)7+%*+(84+><%,
@4<d6+$%*4+);+6%=8(+()+%*>%&'(4+(8'(+(84+;<)*(+H'664*=4<d6+;<)*(+'%<#'=+%6+67%(&84>+);;+UM+D*>%&'()<
$%=8(+6('*>'<>+'%<#'=+696(4:L+-46&<%H(%)*V B
-)+*)(+>4'&(%@'(4+(84+;<)*(+H'664*=4<+;<)*(+'%<#'=+784*+"6%*=+'+;)<7'<>,;'&%*=+&8%$>+64'(
;)<7'<>,;'&%*=+&8%$>+64'(B
C84*+%*6('$$%*=+'+&8%$>+<46(<'%*(L+:'J46+6"<4+%(+%6+'6+;'<+;<):+(84+;<)*(+H'664*=4<c6+'%<#'=+'6+H)6,
6%#$4B+D;+(84+;<)*(+H'664*=4<c6+'%<#'=+>4H$)96L+%(+&'*+&'"64+64<%)"6+%*A"<%46+M+ B
/)(+'$$+&8%$>+64'(6+'<4+'$$)74>+()+#4+"64>+%*+(84+;<)*(+H'664*=4<+64'(B+384+&8%$>+<46(<'%*(+:"6(+#4
6H4&%'$$9+'"(8)<%?4>+#9+(84+:'*";'&("<4<+;)<+"64+)*+(84+;<)*(+H'664*=4<+64'(+%*+@48%&$46+7%(8
;<)*(+'*>+6%>4+'%<#'=6B+n)"<+X)$J67'=4*+>4'$4<68%H+8'6+'+$%6(+);+H4<:%((4>+&8%$>+64'(6B

-./012
C84*+"6%*=+'+<4'<,;'&%*=+&8%$>+<46(<'%*(+)*+(84+;<)*(+H'664*=4<c6+64'(L+(84+<%6J+);+$%;4,(8<4'(4*,
%*=+)<+;'('$+%*A"<%46+%*+(84+4@4*(+);+'+&)$$%6%)*+%*&<4'646+;)<+(84+&8%$>B
● -4'&(%@'(4+(84+;<)*(+H'664*=4<+;<)*(+'%<#'=B+D;+(84+;<)*(+H'664*=4<+;<)*(+'%<#'=+&'**)(+#4
>4'&(%@'(4>L+#'&J7'<>,;'&%*=+&8%$>+64'(6+:'9+*)(+#4+"64>B
● !)6%(%)*+(84+;<)*(+H'664*=4<d6+64'(+'6+;'<+#'&J+'6+H)66%#$4+()+&<4'(4+(84+=<4'(46(+H)66%#$4
>%6('*&4+()+(84+;<)*(+H'664*=4<c6+;<)*(+'%<#'=B
● a)@4+(84+64'(+#'&J<46(+%*()+(84+"H<%=8(+H)6%(%)*B
● .>A"6(+(84+84%=8(+);+(84+6';4(9+#4$(+6)+(8'(+(84+#4$(+74##%*=+<"*6+*'("<'$$9+'$)*=+(84+&8%$>
<46(<'%*(+7%(8)"(+'*9+68'<H+#4*>6+%*+(84+74##%*=B+R)<+<4'<,;'&%*=+&8%$>+<46(<'%*(6L+"64+(84
$)746(+H)6%(%)*+);+(84+64'(+#4$(+84%=8(+'>A"6(4<B
● G*$9+"64+&8%$>+<46(<'%*(6+(8'(+'<4+'HH<)@4>+#9+(84+&8%$>+<46(<'%*(+:'*";'&("<4<+;)<+"64+)*+(84
;<)*(+H'664*=4<+64'(+7%(8+;<)*(+'*>+6%>4+'%<#'=6B

C.2/D/0
384<4+%6+'+<%6J+);+%*A"<9+%;+(84+&8%$>+<46(<'%*(+%6+%*6('$$4>+%*&)<<4&($9B
● .$7'96+<4;4<+()+'*>+;)$$)7+(84+%*6('$$'(%)*+%*6(<"&(%)*6+'*>+7'<*%*=6+;<):+(84+&8%$>+<46(<'%*(
:'*";'&("<4<B

C.2/D/0
384<4+%6+'+<%6J+);+%*A"<9+%;+'+;<)*(,;'&%*=+&8%$>+<46(<'%*(+%6+"64>+)*+(84+;<)*(+H'664*=4<c6+64'(B
● !)6%(%)*+(84+;<)*(+H'664*=4<d6+64'(+'6+;'<+#'&J+'6+H)66%#$4+()+&<4'(4+(84+=<4'(46(+H)66%#$4
>%6('*&4+()+(84+;<)*(+H'664*=4<c6+;<)*(+'%<#'=B
● a)@4+(84+64'(+#'&J<46(+%*()+(84+"H<%=8(+H)6%(%)*B
● .>A"6(+(84+84%=8(+);+(84+6';4(9+#4$(+6)+(8'(+(84+#4$(+74##%*=+<"*6+*'("<'$$9+'$)*=+(84+&8%$>
<46(<'%*(+7%(8)"(+'*9+68'<H+#4*>6+%*+(84+74##%*=B
● G*$9+"64+&8%$>+<46(<'%*(6+(8'(+'<4+'HH<)@4>+#9+(84+&8%$>+<46(<'%*(+:'*";'&("<4<+;)<+"64+)*+(84
;<)*(+H'664*=4<+64'(+7%(8+;<)*(+'*>+6%>4+'%<#'=6B

C.2/D/0
3)+<4>"&4+(84+<%6J+);+%*A"<9+%;+(84+W%>4+E"<('%*+!<)(4&(%)*f+)<+6%>4+'%<#'=+>4H$)96T
● a'J4+6"<4+(8'(+&8%$><4*+'<4+*)(+7%(8%*+(84+>4H$)9:4*(+?)*4+);+(84+'%<#'=+UM+.%<#'=+696(4:L
-46&<%H(%)*V +UM+.>@'*&4>+.%<#'=+W96(4:L+-46&<%H(%)*V B
● -)+*)(+H$'&4+'*9+)#A4&(6+7%(8%*+(84+>4H$)9:4*(+?)*4+);+(84+W%>4+E"<('%*+!<)(4&(%)*fB

F$9+%5#6('1'.$>'

-%;;4<4*(+64&"<%*=+696(4:6+'<4+"64>+;)<+6';4+%*6('$$'(%)*+);+&8%$>+<46(<'%*(6+>4H4*>%*=+)*+(84
&)"*(<9B

!8$%85$"(23('$9+%5#6('1'.$>'
— DWGRDq
DWGRDqT+DWGRDq+%6+'+6('*>'<>%?4>+64&"<%*=+696(4:+()+I"%&J$9+'*>+64&"<4$9+%*6('$$+&8%$>+<46(<'%*(6
%*+'+@48%&$4B+384+DWGRDq+;'6(4*4<+&<4'(46+'+;%54>+&)**4&(%)*+#4(744*+(84+&8%$>+<46(<'%*(+'*>+(84
@48%&$4+#)>9B

384+&8%$>+<46(<'%*(+8'6+(7)+;%54>+;'6(4*%*=+#<'&J4(6+)<+'<:6B+384+'(('&8:4*(+'<:6+6*'H+%*()+(84
b.3EKYF.W+494$4(6+(8'(+'<4+$)&'(4>+#4(744*+(84+64'(+'*>+(84+<4'<+64'(+#'&J<46(+UM+E8%$>+<4,
6(<'%*(+7%(8+b.3EKYF.WL+-46&<%H(%)*V +UM+E8%$>+<46(<'%*(+7%(8+b.3EKYF.W+)<+%,W%?4L
-46&<%H(%)*V B+384+DWGRDq+;'6(4*4<+:'9+#4+6"HH$4:4*(4>+#9+'*+"HH4<+#4$(+U3)H+34(84<V+)<+'+6"H,
H)<(+#'64B
— 38<44,H)%*(+'"():'(%&+6';4(9+#4$(
38<44,H)%*(+'"():'(%&+6';4(9+#4$(B+D;+'@'%$'#$4L+%(+%6+#4((4<+()+64&"<4+&8%$>+<46(<'%*(6+()+(84
DWGRDq+;'6(4*4<+"6%*=+'+(8<44,H)%*(+'"():'(%&+6';4(9+#4$(+UM+E8%$>+<46(<'%*(+7%(8+'+6';4(9+#4$(L
-46&<%H(%)*V B

.>>%(%)*'$+;'6(4*4<6T
— 3)H+34(84<
3)H+34(84<T+(84+"HH4<+#4$(+%6+="%>4>+)@4<+(84+<4'<+64'(+#'&J<46(+'*>+64&"<4>+()+(84+'*&8)<'=4
H)%*(+)*+(84+<4'<+6%>4+);+(84+<4'<+64'(6+"6%*=+'+8))J+UM+E8%$>+<46(<'%*(+7%(8+(84+"HH4<+6(<'H
U()H+(4(84<VL+-46&<%H(%)*V B+3)H+34(84<+;'6(4*%*=+494$4(6+'<4+$'#4$4>+7%(8+'*+'*&8)<+69:#)$B
— W"HH)<(+#'64
W"HH)<(+#'64T+6):4+&8%$>+<46(<'%*(6+'<4+6"HH)<(4>+7%(8+'+6"HH)<(+#'64+)*+(84+@48%&$4+;$))<B
384+6"HH)<(+#'64+<4>"&46+(84+<%6J+);+(84+&8%$>+<46(<'%*(+(%HH%*=+;)<7'<>+%*+(84+4@4*(+);+'+&)$$%,
6%)*B+G*$9+"64+&8%$>+<46(<'%*(6+7%(8+'+6"HH)<(+#'64+)*+(84+;<)*(+H'664*=4<d6+64'(+'*>+(84+)"(4<
<4'<+H)6%(%)*6+);+(84+#4*&8+64'(+M+ B

@$92>>$#C$C('$9+%5#6('1'.$>'(32%(9/5,C(%$'.%*5#.'
X)$J67'=4*+<4&)::4*>6+64&"<%*=+&8%$>+<46(<'%*(6+'6+;)$$)76T
D*;'*(+<46(<'%*(6+)<+<4'<,;'&%*=+&8%$>+<46(<'%*(6T+DWGRDq+'*> +6"HH)<(+#'64B
— D*;'*(+<46(<'%*(6+)<+<4'<,;'&%*=+&8%$>+<46(<'%*(6
R)<7'<>+;'&%*=+&8%$>+<46(<'%*(6T+DWGRDq+'*> +3)H+34(84<+'*>+H)66%#$4+'>>%(%)*'$+6"HH)<(
— R)<7'<>+;'&%*=+&8%$>+<46(<'%*(6
#'64B

C.2/D/0
D*&)<<4&(+"64+);+(84+6"HH)<(+#'64+&'*+&'"64+64@4<4+)<+;'('$+%*A"<%46B
● a'J4+6"<4+(84+6"HH)<(+#'64+%6+%*6('$$4>+&)<<4&($9+'*>+64&"<4$9B

:..*9/5#6(*(9/5,C(%$'.%*5#.("5./(GF!?GZ(2%(5MF5V$
R%=B+
R%=B+NN+ b'#4$+;)<+b.3EKYF.W+'*&8)<+H)%*(6+;)<+&8%$>+<46(<'%*(6B

R%=B+
R%=B+QQ+ -46%=*'(%)*+);+(84+%,W%?4+'*&8)<+H)%*(6+;)<+&8%$>+<46(<'%*(6B
R%=B+
R%=B+OO+ 04*4<'$+45':H$4T+;%((%*=+'+&8%$>+<46(<'%*(+7%(8+'(('&8:4*(+'<:6B

!8$%85$"(23(GF!?GZ(2%(5MF5V$(9/5,C(%$'.%*5#.(5#'.*,,*.52#
384+>46%=*'(%)*+);+(84+DWGRDq+)<+%,W%?4+'*&8)<+H)%*(6+>4H4*>6+)*+(84+4I"%H:4*(+%*6('$$4>+'*>
(84+&)"*(<9B

384+;)$$)7%*=+('#$4+68)76+(84+%*6('$$'(%)*+)H(%)*6+);+DWGRDq+)<+%,W%?4+&8%$>+<46(<'%*(6+'(+(84
DWGRDq+'*&8)<+H)%*(6+'(+64H'<'(4+$)&'(%)*6+%*+(84+@48%&$4B
R<)*(+H'664*=4<d6+64'(
G"(4< E4*(4<
E8%$> R<)*(+H'6,
W%?4 R<)*(+H'6, 64'(6+); 64'(+);
<46(<'%*( 64*=4<d6
0<)"H &$'66Yb.3EKYF.W 64*=4<d6 (84+<4'< (84+<4'<
)<%4*, ;<)*(
&$'66 ;<)*(+'%<#'= #4*&8 #4*&8
('(%)* '%<#'=
>4'&(%@'(4> 64'( 64'(
'&(%@'(4>

0<)"H+P
0<)"H+PT
24'<,
"H+()+QQ 1Y2N q Db,WF Db,WF q
;'&%*=
$#6+UNP+J=V

1Y2N
0<)"H+Pj
0<)"H+PjT
24'<,
"H+()+Q` -Y2Q q Db,WF Db,WF q
;'&%*=
$#6+UNO+J=V
EY2O

24'<, -Y2Q
q Db,WF Db,WF q
0<)"H+N
0<)"H+NT ;'&%*= EY2O
N`+()+ZP
[YRQq
$#6+U`+()+N_ R)<,
J=V 7'<>, [NYRQq Db,WFL+DFR q Db,WFL+DFR q
;'&%*=
.YRO

0<)"H+Q
0<)"H+QT
R)<,
N`+()+ZP
7'<>, r Db,WF q Db,WF q
$#6+UN\+()
;'&%*=
Q\+J=V

0<)"H+O
0<)"H+OT
R)<,
N`+()+ZP
7'<>, r Db,WF q Db,WF q
$#6+UQQ+()
;'&%*=
O]+J=V

24'<,
%,W%?4 rY2Q q %,F %,F q
;'&%*=
&8%$>
6';4(9 R)<,
696(4: 7'<>, rY[QL+RQq %,F q %,F q
;'&%*=

R)<,
[))6(4<
7'<>, rY[QL+[O %,[ q %,[ q
64'(
;'&%*=

— W%?4+&$'66
W%?4+&$'66T+(84+6%?4+&$'66+6H4&%;%&'(%)*+&)<<46H)*>6+()+(84+#)>9+74%=8(+H4<:%((4>+;)<+(84+&8%$>
<46(<'%*(B+R)<+&8%$>+<46(<'%*(6+&4<(%;%4>+'6+g"*%@4<6'$h+)<+g64:%,"*%@4<6'$hL+(84+6%?4+&$'66+%6+6H4&%,
;%4>+)*+(84+1E1+&4<(%;%&'(%)*+$'#4$B+384+6%?4+&$'66+6H4&%;%&'(%)*+%6+$%6(4>+)*+(84+&8%$>+<46(<'%*(B
— q T+64'(+%6+*)(+6"%('#$4+;)<+;'6(4*%*=+'*+DWGRDq+)<+%,W%?4+&8%$>+<46(<'%*(+&$'66%;%4>+%*+(8%6+=<)"HB
— Db,WF
Db,WFT+6"%('#$4+64'(+;)<+%*6('$$%*=+'*+DWGRDq+&8%$>+<46(<'%*(+7%(8+(8%6+g64:%,"*%@4<6'$h+&4<(%;%&',
(%)*B+/)(4+(84+@48%&$4+$%6(+H<)@%>4>+#9+(84+&8%$>+<46(<'%*(+:'*";'&("<4<B
— DFR
DFRT+6"%('#$4+64'(+;)<+%*6('$$%*=+'*+DWGRDq+&8%$>+<46(<'%*(+7%(8+(8%6+g"*%@4<6'$h+&4<(%;%&'(%)*B
— %,F
%,FT+W"%('#$4+64'(+;)<+;%((%*=+'+;)<7'<>,;'&%*=+)<+#'&J7'<>,;'&%*=+%,W%?4+&8%$>+<46(<'%*(+7%(8
g"*%@4<6'$h+'HH<)@'$B
— %,F
%,FT+W"%('#$4+64'(+;)<+;%((%*=+'+;)<7'<>,;'&%*=+%,W%?4+&8%$>+<46(<'%*(+7%(8+g"*%@4<6'$h+'HH<)@'$B
— %,[
%,[T+6"%('#$4+64'(+;)<+(84+%*6('$$'(%)*+);+'+;)<7'<>,;'&%*=+b.3EKYF.W+#))6(4<+64'(+%*+0<)"H+QYO
'*>+'$6)+;)<+'+;)<7'<>,;'&%*=+%,W%?4+&8%$>+<46(<'%*(+;)<+&8%$><4*+NPPrN\P+&:+U'HH<)5B+O`r
\`+%*&846V+('$$B

:..*9/5#6(9/5,C(%$'.%*5#.'("5./(GF!?GZ(2%(5MF5V$
384+%*6('$$'(%)*+$)&'(%)*+);+b.3EKYF.W+)<+%,W%?4+'*&8)<+H)%*(6+%6+%*>%&'(4>+#9+'+69:#)$+M+;%=B+N
)<+M+;%=B+Q B

— !'9+'((4*(%)*+()+'*>+;)$$)7+(84+%*;)<:'(%)*+UM+E8%$>+<46(<'%*(6L+04*4<'$+6';4(9V B
— D;+*4&466'<9L+;)$>+>)7*+(84+H<)(4&(%@4+&'H6+;)<+(84+b.3EKYF.W+)<+%,W%?4+'*&8)<+H)%*(6B
— !"68+(84+&8%$>+<46(<'%*(+'(('&8:4*(+'<:6+%*+(84+>%<4&(%)*+);+(84+'<<)7+)*()+(84+'*&8)<6
M+;%=B+O B+384+&8%$>+<46(<'%*(+:"6(+4*='=4+64&"<4$9+'*>+'">%#$9B
— !"$$+)*+#)(8+6%>46+);+(84+&8%$>+<46(<'%*(+()+&84&J+784(84<+(84+&8%$>+<46(<'%*(+%6+64&"<4$9+$)&J4>
%*+H$'&4B
— D;+(84+&8%$>+64'(+%6+4I"%HH4>+7%(8+'+6"HH)<(+#'64L+(8%6+#'64+:"6(+#4+H)6%(%)*4>+64&"<4$9+)*+(84
@48%&$4+;$))<B

F$9+%5#6(./$(9/5,C(%$'.%*5#.("5./(./$(+==$%('.%*=(H.2=(.$./$%I
R%=B+
R%=B+NN+ D*+(84+$"=='=4+&):H'<(:4*(T+.(('&84>+()H+(4(84<B
R%=B+
R%=B+QQ+ G*+(84+#'&J+);+(84+;<)*(+H'664*=4<+64'(T+'(('&84>+()H+(4(84<B

DWGRDq+&8%$>+<46(<'%*(6+7%(8+g"*%@4<6'$h+'HH<)@'$+:"6(+'$6)+#4+;'6(4*4>+()+(84+DWGRDq+'*&8)<
H)%*(6+"6%*=+'*+"HH4<+6(<'H+U3)H+34(84<VB

G*$9+64&"<4+(84+6(<'H+)*+(84+'*&8)<'=46+>46%=*4>+;)<+%(B+.*&8)<'=46+6"%('#$4+;)<+3)H+34(84<+'<4
$'#4$4>+7%(8+'+69:#)$+'*>+:'9+8'@4+(84+$'#4$+g3G!+313K12hB
— !'9+'((4*(%)*+()+'*>+;)$$)7+(84+%*;)<:'(%)*+UM+E8%$>+<46(<'%*(6L+04*4<'$+6';4(9V B
— !"68+(84+84'>+<46(<'%*(+)*+(84+@48%&$4+64'(+'$$+(84+7'9+"H7'<>+)<+<4:)@4+%(B
— !$'&4+(84+&8%$>+<46(<'%*(+%*+(84+&4*(4<+);+(84+@48%&$4+64'(+6"<;'&4B
— !"68+(84+&8%$>+<46(<'%*(+'<:+%*+(84+>%<4&(%)*+);+(84+'<<)7+)*()+(84+DWGRDq+'*&8)<6+UM+E8%$>+<4,
6(<'%*(+7%(8+b.3EKYF.WL+-46&<%H(%)*V +UM+E8%$>+<46(<'%*(+7%(8+b.3EKYF.W+)<+%,W%?4L+-46&<%H,
(%)*V B+384+&8%$>+<46(<'%*(+:"6(+4*='=4+64&"<4$9+'*>+'">%#$9B
— 24:)@4+(84+$"=='=4+&):H'<(:4*(+&)@4<+%;+*4&466'<9B
— !"$$+(84+&8%$>+64'(+()H+(4(84<+#'&J7'<>6+)@4<+(84+64'(+'*>+8))J+%(+%*()+(84+&)<<46H)*>%*=+64,
&"<%*=+494+78%&8+%6+:'<J4>+'6+()H+(4(84<+M+;%=B+N +)<+M+;%=B+Q B
— 3%=8(4*+(84+"HH4<+6(<'H+6)+(8'(+(84+&8%$>+<46(<'%*(+%6+"H<%=8(+)*+(84+<4'<+64'(+#'&J<46(B

C.2/D/0
G*$9+64&"<4+(84+6(<'H+)*+(84+'*&8)<'=46+>46%=*4>+;)<+%(B+G(84<7%64L+64<%)"6+%*A"<%46+&)"$>
<46"$(B
● .$7'96+)*$9+;'6(4*+)*4 +6(<'H+)*+'+&8%$>+<46(<'%*(+()+)*4+<4('%*%*=+494B
● /4@4<+64&"<4+'+&8%$>+<46(<'%*(+6(<'H+()+'+(%4,>)7*B

-4H4*>%*=+)*+(84+#<'*>+'*>+:)>4$L+(84<4+:'9+#4+(7)+)<+(8<44+64&"<%*=+4946+%*+(84+$"=,
='=4+&):H'<(:4*(B

F$9+%5#6(*(9/5,C(%$'.%*5#.("5./(*('*3$.1(4$,.

D;+9)"+7)"$>+$%J4+()+"64+'+&8%$>+<46(<'%*(+%*+9)"<+@48%&$4+;<):+(84+g"*%@4<6'$h+'HH<)@'$+&'(4=)<9+U"VL
:'J4+6"<4+(8'(+%(+%6+H4<:%((4>+;)<+(84+64'(%*=+H)6%(%)*+784<4+9)"+7)"$>+$%J4+()+"64+%(B+n)"+&'*
;%*>+(84+*4&466'<9+%*;)<:'(%)*+)*+(84+)<'*=4+1E1+'HH<)@'$+64'$+)*+(84+&8%$>+<46(<'%*(B+24;4<+()
(84+%*6('$$'(%)*+)H(%)*6+%*+(84+;)$$)7%*=+('#$4B

R<)*(+H'664*=4<d6+64'(
C4%=8(
R<)*(+H'664*=4<d6 R<)*(+H'664*=4<d6 W4'(%*=+H)6%(%)*6+)*
0<)"H );+(84
;<)*(+'%<#'= ;<)*(+'%<#'= (84+<4'<+#4*&8+64'(
&8%$>
'&(%@'(4> >4'&(%@'(4>

FH+()+NP
0<)"H+P 5 " "
J=

FH+()
0<)"H+Pj 5 " "
NO+J=

24'<, `+()+N_
5 " "
;'&%*= J=
0<)"H
N R)<,
`+()+N_
7'<>, " 5 "
J=
;'&%*=

N\+()
0<)"H+Q " 5 "
Q\+J=

QQ+()
0<)"H+O " 5 "
O]+J=

"T+"*%@4<6'$m+5T+64'(+%6+*)(+6"%('#$4+;)<+%*6('$$%*=+'+&8%$>+<46(<'%*(+&$'66%;%4>+%*+(8%6+=<)"HB

F$9+%5#6(*(9/5,C(%$'.%*5#.("5./(*('*3$.1(4$,.
— !'9+'((4*(%)*+()+'*>+;)$$)7+(84+%*;)<:'(%)*+UM+E8%$>+<46(<'%*(6L+04*4<'$+6';4(9V B
— .>A"6(+(84+84%=8(+);+(84+6';4(9+#4$(+6)+(8'(+(84+#4$(+74##%*=+<"*6+*'("<'$$9+'$)*=+(84+&8%$>+<4,
6(<'%*(+7%(8)"(+'*9+68'<H+#4*>6+%*+(84+74##%*=B+R)<+<4'<,;'&%*=+&8%$>+<46(<'%*(6L+(84+$)746(+H),
6%(%)*+);+(84+#4$(+84%=8(+'>A"6(4<+:"6(+#4+"64>B
— 2)"(4+(84+6';4(9+#4$(+'&&)<>%*=+()+(84+%*6(<"&(%)*6+H<)@%>4>+#9+(84+&8%$>+<46(<'%*(+:'*";'&("<,
4<+'*>+="%>4+(84+#4$(+(8<)"=8+(84+&8%$>+<46(<'%*(B
— a'J4+6"<4+(84+6';4(9+#4$(+%6+*)(+(7%6(4>B
— D*64<(+(84+#"&J$4+()*="4+%*()+(84+6';4(9+#4$(+#"&J$4+#4$)*=%*=+()+(84+&)<<46H)*>%*=+64'(L+"*(%$
(84+6';4(9+#4$(+#"&J$4+$'(&846+%*()+H$'&4B

G#(9*'$(23(*#($>$%6$#91

F$9+%5#6(12+%'$,3(*#C(./$(8$/59,$

R)$$)7+'$$+$4='$+<4="$'(%)*6+<4='<>%*=+64&"<%*=+'+@48%&$4+>"<%*=+'+#<4'J>)7*B+R)<+45':H$4L+%*
:'*9+&)"*(<%46+9)"+:"6(+67%(&8+)*+(84+4:4<=4*&9+;$'684<6+'*>+74'<+'+<4;$4&(%@4+@46(+UM+1:4<,
=4*&9+4I"%H:4*(L+-46&<%H(%)*V B
E84&J$%6(

R)<+9)"<+)7*+6';4(9+'*>+(84+6';4(9+);+9)"<+H'664*=4<6L+;)$$)7+(84+H)%*(6+#4$)7+%*+(84+)<>4<+(849
'<4+=%@4*+M+ T

NB+ !'<J+9)"<+@48%&$4+'+6';4+>%6('*&4+;<):+(<';;%&+'*>+)*+6"%('#$4+=<)"*>+M+ B

QB+ W7%(&8+)*+(84+4:4<=4*&9+;$'684<6+UM+E4*(4<+&)*6)$4L+G@4<@%47V B
OB+ W4(+(84+4$4&(<)*%&+H'<J%*=+#<'J4B

ZB+ a)@4+(84+=4'<+$4@4<+%*()+(84+*4"(<'$+H)6%(%)*+)<+:)@4+(84+64$4&()<+$4@4<+%*()+(84+!!+H)6%(%)*B
\B+ W()H+(84+4*=%*4+'*>+<4:)@4+(84+@48%&$4+J49+;<):+(84+%=*%(%)*+$)&J+UM+W()HH%*=+(84+4*=%*4L
GH4<'(%)*V B
]B+ K'@4+'$$+H'664*=4<6+45%(+(84+@48%&$4+)*+(84+6%>4+;'&%*=+'7'9+;<):+(<';;%&+'*>+:)@4+()+'+6';4
'<4'L+6"&8+'6+#48%*>+'+="'<>+<'%$B+R)$$)7+(84+$)&'$+<4="$'(%)*6+<4='<>%*=+74'<%*=+'+<4;$4&(%@4
@46(B
^B+ 3'J4+'$$+@48%&$4+J496+7%(8+9)"+%;+9)"+'<4+$4'@%*=+(84+@48%&$4B

_B+ W4(+"H+(84+7'<*%*=+(<%'*=$4+()+*)(%;9+)(84<6+)*+(84+<)'>+'#)"(+(84+@48%&$4B
`B+ .$$)7+(84+4*=%*4+()+&))$+'*>+644+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*
W4<@%&4+R'&%$%(9+;)<+'66%6('*&4+%;+*4&466'<9B

C84*+(84+4:4<=4*&9+;$'684<6+'<4+67%(&84>+)*L+;)<+45':H$4+78%$4+()7%*=+(84+@48%&$4L+9)"+&'*+%*,
>%&'(4+'*9+("<*6+)<+$'*4+&8'*=46+"6%*=+(84+("<*+6%=*'$+$4@4<B+384+4:4<=4*&9+;$'684<6+7%$$+6()H
(4:H)<'<%$9B
F"5.9/(2#(./$($>$%6$#91(3,*'/$%'(5#(./$(32,,2"5#6('5.+*.52#'P(32%
$<*>=,$X
— 3)+7'<*+(<';;%&+#48%*>+9)"<+@48%&$4+%;+(84+(<';;%&+'84'>+6$)76+6">>4*$9+)<+9)"+<4'&8+(84+4*>+);
'+(<';;%&+A':B
— D;+(84<4+8'6+#44*+'*+'&&%>4*(B
— D;+(84+@48%&$4+:'$;"*&(%)*6B
— C84*+()7%*=+(84+@48%&$4B

.$7'96+;)$$)7+(84+'HH$%&'#$4+$)&'$+<4I"%<4:4*(6+;)<+"64+);+(84+4:4<=4*&9+;$'684<6B
D;+(84+4:4<=4*&9+;$'684<6+>)+*)(+7)<JL+)(84<6+)*+(84+<)'>+:"6(+#4+%*;)<:4>+'#)"(+(84+6('$$4>
@48%&$4+%*+6):4+)(84<+7'9+(8'(+:44(6+(84+'HH$%&'#$4+$4='$+<4="$'(%)*6B

C.2/D/0
.+6('$$4>+@48%&$4+%*&<4'646+(84+<%6J+);+'+&<'68+(8'(+&)"$>+&'"64+%*A"<9+()+9)"L+9)"<+H'664*=4<6L+)<
)(84<6+)*+(84+<)'>B
● W()H+(84+@48%&$4+'6+6))*+'6+%(+%6+6';4+()+>)+6)B
● !'<J+(84+@48%&$4+'+6';4+>%6('*&4+;<):+:)@%*=+(<';;%&B
● W7%(&8+)*+(84+4:4<=4*&9+;$'684<6B
● /4@4<+$4'@4+H4)H$4+#48%*>+%*+(84+@48%&$4L+46H4&%'$$9+&8%$><4*+)<+(8)64+78)+*44>+'66%6('*&4B
38%6+%6+46H4&%'$$9+(<"4+784*+(84+>))<6+'<4+$)&J4>B+D*>%@%>"'$6+$)&J4>+%*+(84+@48%&$4+&)"$>+#4
45H)64>+()+@4<9+8%=8+)<+@4<9+$)7+(4:H4<'("<46B

C.2/D/0
R'%$%*=+()+844>+(8%6+&84&J$%6(+(8'(+%6+H<)@%>4>+;)<+9)"<+)7*+6';4(9+&'*+&'"64+'&&%>4*(6+'*>+64<%,
)"6+%*A"<%46B
● .$7'96+;)$$)7+(84+%*6(<"&(%)*6+%*+(84+&84&J$%6(+'6+74$$+'6+(84+=4*4<'$+6';4(9+H<4&'"(%)*6B

C.2/D/0
158'"6(+696(4:+&):H)*4*(6+7%$$+#4&):4+@4<9+8)(B+38%6+&'*+<46"$(+%*+;%<46+'*>+64<%)"6+%*A"<%46B
● /4@4<+H'<J+(84+@48%&$4+%*+6"&8+'+7'9+(8'(+H'<(6+);+(84+458'"6(+696(4:+&)"$>+&):4+%*()+&)*,
('&(+7%(8+;$'::'#$4+:'(4<%'$6+"*>4<+(84+@48%&$4L+6"&8+'6+><9+=<'66+)<+;"4$B

/G3DE1
C84*+H"68%*=+(84+@48%&$4+#9+8'*>L+>)+*)(+H<466+)*+(84+('%$$%=8(6L+(84+<4'<+6H)%$4<L+)<+$'<=4
H%4&46+);+6844(+:4('$B+-)%*=+6)+&)"$>+&'"64+@48%&$4+>':'=4+'*>+>4('&8+(84+<4'<+6H)%$4<B

384+NQ+X+@48%&$4+#'((4<9+7%$$+><'%*+%;+(84+4:4<=4*&9+;$'684<6+<4:'%*+)*+;)<+'+$)*=+H4<%)>
);+(%:4L+4@4*+%;+(84+%=*%(%)*+%6+67%(&84>+);;B

-4H4*>%*=+)*+@48%&$4+4I"%H:4*(L+(84+#<'J4+$%=8(6+:'9+#$%*J+I"%&J$9+%;+9)"+#<'J4+84'@%$9
78%$4+><%@%*=+'(+6H44>6+'#)@4+\P+:H8+U_P+J:Y8V+)<+#<'J4+(84+@48%&$4+()+'+&):H$4(4+6()HB
38%6+%6+>)*4+()+7'<*+(<';;%&+#48%*>+9)"<+@48%&$4B+D;+(84+#<'J%*=+&)*(%*"46L+(84*+(84+4:4<,
=4*&9+;$'684<6+7%$$+67%(&8+)*+'"():'(%&'$$9+784*+(84+@48%&$4+6H44>+%6+#4$)7+]+:H8
UNP+J:Y8VB+384+4:4<=4*&9+;$'684<6+7%$$+67%(&8+);;+'"():'(%&'$$9+784*+9)"+'&&4$4<'(4B
;>$%6$#91($[+5=>$#.

R%=B+
R%=B+NN+ D*+(84+(<"*J+$%>T+K)$>4<+;)<+(84+7'<*%*=+(<%'*=$4B

?5%'.(*5C(05.
-4H4*>%*=+)*+@48%&$4+4I"%H:4*(L+(84+;%<6(+'%>+J%(+:'9+#4+%*+'+6()<'=4+&):H'<(:4*(L+%*+'+8)$>4<+%*
(84+(<"*JL+"*>4<+(84+$"=='=4+&):H'<(:4*(+;$))<L+)<+%*+(84+@48%&$4+%*(4<%)<B
384+;%<6(+'%>+J%(+:"6(+:44(+(84+$4='$+<4="$'(%)*6B+/)(4+(84+45H%<'(%)*+>'(4+);+(84+&)*(4*(6B
24H$'&4+&)*(4*(6+';(4<+"64L+%;+*4&466'<9L+'*>+H"(+(84+;%<6(+'%>+J%(+64&"<4$9+#'&J+%*()+H$'&4B

-*%#5#6(.%5*#6,$
-4H4*>%*=+)*+(84+@48%&$4+4I"%H:4*(L+(84+7'<*%*=+(<%'*=$4+:'9+#4+$)&'(4>+%*+(84+(<"*J+$%>B+C%(8
(84+(<"*J+$%>+)H4*L+8)$>+(84+7'<*%*=+(<%'*=$4+#9+(84+<4&466+'*>+("<*+%(+`Pk+()7'<>6+(84+;<)*(+);
(84+@48%&$4B+384*+<4:)@4+(84+7'<*%*=+(<%'*=$4+(8<)"=8+(84+)H4*%*=B
384+7'<*%*=+(<%'*=$4+:"6(+:44(+(84+$4='$+<4="$'(%)*6B
.;(4<+"64L+%*64<(+(84+7'<*%*=+(<%'*=$4+#'&J+%*()+(84+8)$>4<B

@$3,$9.58$(8$'.
-4H4*>%*=+)*+@48%&$4+4I"%H:4*(L+(84+8%=8,@%6%#%$%(9+7'%6(&)'(+:'9+#4+%*+'+6()<'=4+&):H'<(:4*(
%*+(84+;<)*(+>))<+(<%:+H'*4$+)<+%*+(84+=$)@4+#)5+UM+-<%@4<+>))<L+G@4<@%47V L+UM+!'664*=4<c6+6%>4L
G@4<@%47V B
384+<4;$4&(%@4+@46(+:"6(+:44(+(84+$4='$+<4="$'(%)*6B

?5%$($<.5#6+5'/$%
-4H4*>%*=+)*+@48%&$4+4I"%H:4*(L+'+;%<4+45(%*="%684<+:'9+#4+$)&'(4>+%*+'+8)$>4<+%*+(84+;))(74$$
"*>4<+(84+;<)*(+H'664*=4<c6+64'(B
384+;%<4+45(%*="%684<+:"6(+:44(+(84+$4='$+<4="$'(%)*6L+'$7'96+#4+<4'>9+()+)H4<'(4L+'*>+#4
&84&J4>+<4="$'<$9+U644+%*6H4&(%)*+64'$+)*+(84+;%<4+45(%*="%684<VB

C.2/D/0
G#A4&(6+(8'(+'<4+$))64+)<+64&"<4>+%*&)<<4&($9+&'*+#4+(8<)7*+'<)"*>+(84+@48%&$4+%*(4<%)<+>"<%*=
6">>4*+><%@%*=+)<+#<'J%*=+:'*4"@4<6+)<+%*+'+&)$$%6%)*+'*>+&'"64+64<%)"6+%*A"<%46B
● .$7'96+H)6%(%)*+(84+;%<6(+'%>+J%(L+7'<*%*=+(<%'*=$4L+'*>+;%<4+45(%*="%684<+64&"<4$9+%*+(84+8)$>,
4<6+%*+(84+@48%&$4B
● W()<4+(84+<4;$4&(%@4+@46(+%*+'+6()<'=4+&):H'<(:4*(+6)+(8'(+%(+%6+4'69+()+'&&466B

G#32%>*.52#(E*,,P(@2*C'5C$(:''5'.*#9$(E*,,(*#C(;>$%6$#91
E*,,(F$%859$

R%=B+
R%=B+NN+ D*+(84+)@4<84'>+&)*6)$4T+&)*(<)$6+;)<+(84+%*;)<:'(%)*+&'$$+'*>+#<4'J>)7*+&'$$B
R%=B+
R%=B+QQ+ D*+(84+)@4<84'>+&)*6)$4T+&)*(<)$+;)<+(84+1:4<=4*&9+E'$$+W4<@%&4+U#48%*>+(84+&)@4<+)@4<+(84
#"(()*VB

D*;)<:'(%)*+&'$$B
[<4'J>)7*+E'$$B

1:4<=4*&9+E'$$+W4<@%&4B

R%=B+
R%=B+OO+ 1:4<=4*&9+&'$$+&)*(<)$T+D*>%&'()<+$%=8(+'*>+#"(()*B

N D*>%&'()<+$%=8(B
Q 1:4<=4*&9+E'$$+W4<@%&4+#"(()*B

E)*(<)$6+'<4+%*6('$$4>+%*+(84+)@4<84'>+&)*6)$4+>4H4*>%*=+)*+(84+4I"%H:4*(+'*>+&)"*(<9+M+;%=B+N
'*>+M+;%=B+Q B+X)%&4+64<@%&46+&'*+#4+"64>+#9+H<466%*=+(84+#"(()*6B+384+<4I"%<4>+&)**4&(%)*+%6+H<),
>"&4>+#9+'+&)*(<)$+:)>"$4+%*6('$$4>+#9+(84+:'*";'&("<4<B

!$4'64+)#64<@4+(84+'>>%(%)*'$+%*;)<:'(%)*+'#)"(+X)$J67'=4*+E'<,/4(+UM+E'<,/4(L+-4,
6&<%H(%)*V +)<+C4+E)**4&(+UM+-46&<%H(%)*L+C4E)**4&(V B

G#C59*.2%(,56/.'(32%(./$(;>$%6$#91(E*,,(F$%859$
384<4+%6+'*+%*>%&'()<+$%=8(+M+;%=B+O + N +%*+(84+&)*(<)$B+384+%*>%&'()<+$%=8(+("<*6+)*+%*+>%;;4<4*(+&)$,
)<6+'*>+$%=8(+H'((4<*6+>4H4*>%*=+)*+(84+)H4<'(%*=+6('("6T

384+%*>%&'()<+$%=8(+>)46+*)(+&):4+)*T+(84+1:4<=4*&9+E'$$+W4<@%&4+%6+>4'&(%@'(4>+)<+*)(
'@'%$'#$4B
384+%*>%&'()<+$%=8(+;$'6846+<4>+;)<+'HH<)5%:'(4$9+QP+64&)*>6+';(4<+(84+%=*%(%)*+67%(&846+)*T
(84+1:4<=4*&9+E'$$+W4<@%&4+%6+>4'&(%@'(4>B
384+<4>+%*>%&'()<+$%=8(+("<*6+)*+'*>+<4:'%*6+)*T+696(4:+:'$;"*&(%)*B+384+1:4<=4*&9+E'$$
W4<@%&4+%6+$%:%(4>+)<+*)(+'@'%$'#$4B
384+=<44*+%*>%&'()<+$%=8(+&):46+)*T+384+1:4<=4*&9+E'$$+W4<@%&4+%6+'@'%$'#$4+'*>+(84+696(4:
%6+<4'>9+;)<+"64B
384+%*>%&'()<+$%=8(+;$'6846+=<44*T+(84<4+%6+'+&'$$+%*+H<)=<466B

(G#32%>*.52#(9*,,
— C%(8+'*+%*;)<:'(%)*+&'$$L+'+&'$$+%6+:'>4+()+(84+X)$J67'=4*+.0+8)($%*4B
— 384+%*;)<:'(%)*+&'$$+%6+)*$9+'@'%$'#$4+%*+&4<('%*+6'$46+<4=%)*6B
— 384+&'$$,&4*(4<+'=4*(+&)::"*%&'(46+%*+(84+$'*="'=4+"64>+()+<4=%6(4<+(84+@48%&$4+@%'+E'<,/4(+)<
C4+E)**4&(B

(@2*C'5C$(*''5'.*#9$(9*,,
— D;+9)"+#<4'J+>)7*L+9)"+&'*+&)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67',
=4*+W4<@%&4+R'&%$%(9+;)<+'66%6('*&4+7%(8+(84+<)'>6%>4+'66%6('*&4+&'$$B
— W):4+@48%&$4+>'('L+4B=B+%(6+&"<<4*(+$)&'(%)*L+%6+(<'*6;4<<4>+%*+H'<'$$4$+()+(84+@)%&4+&'$$B
— 384+&'$$,&4*(4<+'=4*(+&)::"*%&'(46+%*+(84+$'*="'=4+"64>+()+<4=%6(4<+(84+@48%&$4+@%'+E'<,/4(+)<
C4+E)**4&(B

(;>$%6$#91(E*,,(F$%859$
— C84*+(84+1:4<=4*&9+E'$$+W4<@%&4+%6+%*%(%'(4>L+'+&)**4&(%)*+7%$$+#4+46('#$%684>+7%(8+(84+X)$J,
67'=4*+4:4<=4*&9+&'$$+&4*(4<B
— D;+'*+4:4<=4*&9+&'$$+%6+(<%==4<4>+:'*"'$$9+)<+#9+'+&)$$%6%)*+7%(8+'%<#'=+>4H$)9:4*(L+>'('+(8'(+%6
<4$4@'*(+()+(84+4:4<=4*&9+&'$$L+6"&8+'6+(84+@48%&$4d6+&"<<4*(+$)&'(%)*L+%6+'"():'(%&'$$9+(<'*6,
:%((4>+UM+E)*6":4<+%*;)<:'(%)*L+-46&<%H(%)*V B
— 384+&)*('&(+H'<(*4<+7%$$+&)::"*%&'(4+%*+(84+$'*="'=4+(8'(+%6+64(+%*+(84+@48%&$4d6+D*;)('%*:4*(
696(4:B+D;+(8%6+$'*="'=4+%6+*)(+'@'%$'#$4+'(+(84+&"<<4*(+4:4<=4*&9+&'$$+$)&'(%)*L+1*=$%68+7%$$+#4
"64>B
— 384+1:4<=4*&9+E'$$+W4<@%&4+&'*+#4+>4'&(%@'(4>+#9+'*
'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B
C.2/D/0
384+;)$$)7%*=+&)*>%(%)*6+:'9+<46(<%&(+)<+H<4@4*(+'+:'*"'$+)<+'"():'(%&+4:4<=4*&9+&'$$T
● D;+(84+4:4<=4*&9+&'$$+$)&'(%)*+%6+%*+'*+'<4'+7%(8+*)+:)#%$4+H8)*4+'*>+0!W+<4&4H(%)*L+)<+%*,
6";;%&%4*(+<4&4H(%)*B
● D;+9)"+'<4+%*+'+$)&'(%)*+784<4+(84<4+%6+6";;%&%4*(+:)#%$4+H8)*4+'*>+0!W+<4&4H(%)*L+#"(+(84
(4$4&)::"*%&'(%)*6+H<)@%>4<d6+:)#%$4+&)::"*%&'(%)*6+*4(7)<J+%6+"*'@'%$'#$4B
● 384+1:4<=4*&9+E'$$+W4<@%&4+%6+*)(+H4<:%((4>+#9+$'7+%*+6):4+&)"*(<%46B
● 384<4+%6+*)+@'$%>+$%&4*64+;)<+(84+"64+);+(84+1:4<=4*&9+E'$$+W4<@%&4B
● 384+@48%&$4+&):H)*4*(6+<4I"%<4>+;)<+:'*"'$+)<+'"():'(%&+4:4<=4*&9+&'$$6+'<4+>':'=4>+)<
>)+*)(+8'@4+6";;%&%4*(+H)74<B
● 384+1:4<=4*&9+E'$$+W4<@%&4+8'6+#44*+>4'&(%@'(4>B+D*+(8%6+&'64L+(84+4:4<=4*&9+&'$$+%6+<)"(4>
()+(84+6('("()<9+4E'$$+1:4<=4*&9+W96(4:B
● 384+@48%&$4d6+%=*%(%)*+%6+*)(+67%(&84>+)*B

K%566$%5#6(*#($>$%6$#91(9*,,(>*#+*,,1
— !<466+)*+(84+#"(()*+&)@4<+ +#<%4;$9+'*>+;)$>+(84+&)@4<+>)7*7'<>B
— !<466+(84+M+;%=B+O + Q +4:4<=4*&9+&'$$+#"(()*+"*(%$+(84+=<44*+%*>%&'()<+$%=8(+6('<(6+()+;$'68B+384
4:4<=4*&9+&'$$+7%$$+#4+(<%==4<4>+'*>+'+@)%&4+&'$$+7%$$+#4+:'>4+()+(84+X)$J67'=4*+4:4<=4*&9
&'$$+&4*(4<B

D;+9)"+H<4664>+(84+4:4<=4*&9+&'$$+#"(()*+#9+:%6('J4L+&'*&4$+(84+4:4<=4*&9+&'$$+%::4>%'(4$9T
— !<466+(84+4:4<=4*&9+&'$$+#"(()*+'='%*+"*(%$+(84+%*>%&'()<+$%=8(+<4:'%*6+=<44*B

:+.2>*.59($>$%6$#91(9*,,
384+'"():'(%&+4:4<=4*&9+&'$$+%6+)*$9+(<%==4<4>+784*+(84+%=*%(%)*+%6+)*B
.+&'$$+7%$$+'"():'(%&'$$9+#4+:'>4+()+(84+X)$J67'=4*+4:4<=4*&9+&'$$+&4*(4<+%::4>%'(4$9+';(4<+(84
'%<#'=6+)<+6';4(9+#4$(+H<4(4*6%)*4<6+>4H$)9B+384+'"():'(%&+4:4<=4*&9+&'$$+&'**)(
&'**)(+#4+6()HH4>+#9
H<466%*=+(84+4:4<=4*&9+&'$$+#"(()*+M+;%=B+O + Q B

D;+I"46(%)*6+;<):+(84+X)$J67'=4*+4:4<=4*&9+&'$$+&4*(4<+'<4+*)(+'*674<4>L+<46&"4+)H4<'(%)*6+7%$$
#4+%*%(%'(4>+'"():'(%&'$$9B

G#.$6%*.$C(4*..$%1
384+%*(4=<'(4>+#'((4<9+4*6"<46+(8'(+(84+1:4<=4*&9+E'$$+W4<@%&4+7%$$+6(%$$+#4+'@'%$'#$4+;)<+6):4
(%:4+%;+(84+NQ,@)$(+@48%&$4+#'((4<9+%6+>%6&)**4&(4>+)<+:'$;"*&(%)*%*=B
D;+(84+%*(4=<'(4>+#'((4<9+%6+><'%*4>+)<+:'$;"*&(%)*%*=L+'+:466'=4+%*>%&'(%*=+(8%6+7%$$+#4+>%6H$'94>
%*+(84+%*6(<":4*(+&$"6(4<B+C84*+(84+<4$4@'*(+:466'=4+%6+68)7*L+%::4>%'(4$9+&)*6"$(+'*+'"(8),
<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+'*>+8'@4+(84+%*(4=<'(4>+#'(,
(4<9+<4H$'&4>B

K'@4+(84+%*(4=<'(4>+#'((4<9+&84&J4>L+'*>+%;+*4&466'<9L+<4H$'&4>+#9+'*+'"(8)<%?4>+X)$J,
67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+';(4<+'HH<)5%:'(4$9+O+94'<6B

A*.*(.%*#'>5''52#
384+'@'%$'#$4+>'('+7%$$+#4+64*(+()+(84+X)$J67'=4*+4:4<=4*&9+&'$$+&4*(4<+>"<%*=+'*+4:4<=4*&9
&'$$+()+>4(4<:%*4+78'(+<46&"4+:4'6"<46+'<4+*44>4>B
.:)*=+)(84<+(8%*=6L+(84+;)$$)7%*=+>'('+7%$$+#4+64*(T

— X48%&$4+$)&'(%)*
— X48%&$4+D>4*(%;%&'(%)*+*":#4<B
— 39H4+);+@48%&$4+><%@4B
— X48%&$4+:)>4$

-4H4*>%*=+)*+(84+4I"%H:4*(+'*>+&)"*(<9L+>'('+(<'*6:%66%)*+:'9+#4+%*;$"4*&4>+#9+(84
H<%@'&9+64((%*=6+UM+!<%@'&9+64((%*=6L+D*(<)>"&(%)*Y=4*4<'$+%*;)<:'(%)*V B+384+1:4<=4*&9
E'$$+W4<@%&4+;"*&(%)*+&'*+)*$9+#4+="'<'*(44>+%;+>'('+(<'*6:%66%)*+%6+H)66%#$4B

384+1:4<=4*&9+E'$$+W4<@%&4+;"*&(%)*+:'9+#4+$%:%(4>+#9+'*9+';(4<,:'<J4(+D*;)('%*:4*(
696(4:6+(8'(+'<4+%*6('$$4>B

@2+.5#6(.2(./$('.*.+.2%1($E*,,(;>$%6$#91(F1'.$>
D*+6):4+6%("'(%)*6L+(84+1:4<=4*&9+E'$$+W4<@%&4+%6+$%:%(4>+)<+*)(+&'<<%4>+)"(B+D;+H)66%#$4L+'+@)%&4
&)**4&(%)*+7%$$+#4+46('#$%684>+7%(8+'+$)&'$+4:4<=4*&9+64<@%&4+&4*(4<B+D*+(8%6+&'64L+'@'%$'#$4+>'('
7%$$+#4+64*(+()+(84+$)&'$+4:4<=4*&9+&4*(4<+>"<%*=+'*+4:4<=4*&9+&'$$+()+>4(4<:%*4+78'(+<46&"4
:4'6"<46+'<4+*44>4>+UM+-46&<%H(%)*L+4E'$$+1:4<=4*&9+W96(4:V B

K%2+4,$'/22.5#6

(;>$%6$#91(E*,,(F$%859$(3*+,.1
384+<4>+%*>%&'()<+$%=8(+%*+(84+4:4<=4*&9+&'$$+#"(()*+("<*6+)*+'*>+<4:'%*6+)*+ B+384+:466'=4+
066'6@107/6%/(2-12",,1;8(2&$'(?1A/6#$2/1#/:$2,/
066'6@107/6%/(2-12",,1;8(2&$'(?1A/6#$2/1#/:$2,/+:'9+'$6)+#4+>%6H$'94>+%*+(84+%*6(<":4*(
&$"6(4<B

384<4+%6+'+696(4:+4<<)<+7%(8+(84+1:4<=4*&9+E'$$+W4<@%&4B+n)"+&'**)(+:'J4+'*+4:4<=4*&9+&'$$B
— -<%@4+%::4>%'(4$9+()+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4
R'&%$%(9B
— K'@4+(84+:'$;"*&(%)*+&)<<4&(4>B

(;>$%6$#91(E*,,(F$%859$(,5>5.$C
384+<4>+%*>%&'()<+$%=8(+%*+(84+4:4<=4*&9+&'$$+#"(()*+("<*6+)*+'*>+<4:'%*6+)*+ B+384+:466'=4+
07/6%/(2-12",,1;8(2&$'(1,$7$&/3?1A/6#$2/1#/:$2,/
07/6%/(2-12",,1;8(2&$'(1,$7$&/3?1A/6#$2/1#/:$2,/+:'9+'$6)+#4+>%6H$'94>+%*+(84+%*6(<":4*(
&$"6(4<B

384+1:4<=4*&9+E'$$+W4<@%&4+;"*&(%)*+8'6+<46(<%&(4>+'@'%$'#%$%(9B+R)<+45':H$4L+9)"+&'**)(+:'J4+'
@)%&4+&'$$+()+(84+X)$J67'=4*+4:4<=4*&9+&'$$+&4*(4<B
— -<%@4+%::4>%'(4$9+()+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4
R'&%$%(9B
— K'@4+(84+:'$;"*&(%)*+&)<<4&(4>B

U$6*,,1(%$[+5%$C($E*,,(;>$%6$#91(F1'.$>

R%=B+
R%=B+NN+ D*+(84+<));+&)*6)$4T+E)*(<)$+;)<+(84+$4='$$9+<4I"%<4>+4E'$$+1:4<=4*&9+W96(4:+U#48%*>+(84
#"(()*+&)@4<VB

b4='$$9+<4I"%<4>+4E'$$+1:4<=4*&9+W96(4:B

R%=B+
R%=B+QQ+ 1:4<=4*&9+&'$$+&)*(<)$T+D*>%&'()<+$%=8(+'*>+#"(()*B

N D*>%&'()<+$%=8(B
Q ["(()*+;)<+$4='$$9+<4I"%<4>+4E'$$+1:4<=4*&9+W96(4:B

-4H4*>%*=+)*+(84+&)"*(<9+'*>+@48%&$4+4I"%H:4*(L+(84+@48%&$4+:'9+#4+;%((4>+7%(8+'*+4:4<=4*&9
&'$$+696(4:B+D*+6):4+&)"*(<%46L+(84+;<44L+$4='$$9+<4I"%<4>+4E'$$+4:4<=4*&9+&'$$+696(4:+%6+'&(%@'(4>
#9+>4;'"$(B+384+&)*(<)$6+'<4+$)&'(4>+%*+(84+<));+&)*6)$4B
F6%*=+(84+4:4<=4*&9+&'$$+696(4:L+'66%6('*&4+&'*+#4+)<='*%?4>+'6+I"%&J$9+'6+H)66%#$4+%*+>'*=4<)"6
6%("'(%)*6B+.+&'$$+7%$$+#4+:'>4+()+'+$)&'$+4:4<=4*&9+64<@%&4+&4*(4<B+384+&'$$+&4*(4<+'=4*(+7%$$
&)::"*%&'(4+%*+(84+$'*="'=4+);+(84+&)"*(<9+784<4+(84+@48%&$4+%6+$)&'(4>B+D*+'>>%(%)*L+$4='$$9
:'*>'(4>+>'('+<4$4@'*(+()+(84+4:4<=4*&9+&'$$L+6"&8+'6+(84+&"<<4*(+@48%&$4+$)&'(%)*L+7%$$+#4+'"(),
:'(%&'$$9+(<'*6:%((4>+()+(84+$)&'$+4:4<=4*&9+64<@%&4+&4*(4<B
384+$4='$+#'6%6+;)<+>'('+H<)&466%*=+;)<+(84+$4='$$9+<4I"%<4>+4E'$$+4:4<=4*&9+&'$$+696(4:+:44(6+'H,
H$%&'#$4+$'76+'*>+<4="$'(%)*6L+6"&8+'6+1F+<4="$'(%)*+QPN\Y^\_B+D*+'>>%(%)*L+H$4'64+*)(4+(84+%*;)<,
:'(%)*+<4='<>%*=+>'('+6()<'=4+'*>+64<@%&46+UM+-'('+H<)&466%*=+%*+(84+@48%&$4L+W('*>'<>6Y>%<4&,
(%@46V B
384+<4I"%<4>+&)**4&(%)*+%6+H<)>"&4>+#9+'+&)*(<)$+:)>"$4+%*6('$$4>+#9+(84+:'*";'&("<4<B+3)+4*,
6"<4+(84+696(4:+;"*&(%)*6+&)<<4&($9+';(4<+'+64@4<4+'&&%>4*(L+'>>%(%)*'$+&):H)*4*(6+'<4+*44>4>L
6"&8+'6+'*+4:4<=4*&9+&'$$+:%&<)H8)*4L+4:4<=4*&9+&'$$+6H4'J4<L+'*>+'*+%*(4=<'(4>+#'((4<9+(8'(+%6
64H'<'(4+;<):+(84+@48%&$4+4$4&(<%&'$+696(4:B

G#C59*.2%(,56/.'(32%(./$(;>$%6$#91(E*,,(F$%859$
384<4+%6+'*+%*>%&'()<+$%=8(+M+;%=B+Q + N +%*+(84+&)*(<)$B+384+%*>%&'()<+$%=8(+("<*6+)*+%*+>%;;4<4*(+&)$,
)<6+'*>+$%=8(+H'((4<*6+>4H4*>%*=+)*+(84+696(4:+6('("6T

384+%*>%&'()<+$%=8(+>)46+*)(+$%=8(+"HT+384+4:4<=4*&9+&'$$+;"*&(%)*+%6+*)(+'@'%$'#$4B
384+<4>+%*>%&'()<+$%=8(+;$'6846+;)<+'HH<)5%:'(4$9+QP+64&)*>6+';(4<+(84+%=*%(%)*+67%(&846+)*T
384+4:4<=4*&9+&'$$+;"*&(%)*+%6+>4'&(%@'(4>B
384+<4>+%*>%&'()<+$%=8(+("<*6+)*+'*>+<4:'%*6+)*T+696(4:+:'$;"*&(%)*B+384+4:4<=4*&9+&'$$
;"*&(%)*+8'6+$%:%(4>+'@'%$'#%$%(9+)<+%6+*)(+'@'%$'#$4B
384+=<44*+%*>%&'()<+$%=8(+&):46+)*T+384+4:4<=4*&9+&'$$+;"*&(%)*+%6+'@'%$'#$4+'*>+(84+696,
(4:+%6+<4'>9+;)<+"64B
384+=<44*+%*>%&'()<+$%=8(+%6+;$'68%*=T+384<4+%6+'*+4:4<=4*&9+&'$$+%*+H<)=<466B

C.2/D/0
384+;)$$)7%*=+&)*>%(%)*6+:'9+<46(<%&(+)<+H<4@4*(+'+:'*"'$+)<+'"():'(%&+4:4<=4*&9+&'$$T
● D;+(84+4:4<=4*&9+&'$$+$)&'(%)*+%6+%*+'*+'<4'+7%(8+*)+:)#%$4+H8)*4+<4&4H(%)*L+)<+%*6";;%&%4*(
<4&4H(%)*B
● 384+4:4<=4*&9+&'$$+;"*&(%)*+%6+*)(+'@'%$'#$4+%*+&4<('%*+&)"*(<%46B
● 384+$)&'$+4:4<=4*&9+>%6H'(&8+&4*(4<+$'&J6+(84+(4&8*%&'$+&'H'&%(9+()+<4&4%@4+4:4<=4*&9+>'('B
● 384+@48%&$4+&):H)*4*(6+<4I"%<4>+;)<+:'*"'$+)<+'"():'(%&+4:4<=4*&9+&'$$6+'<4+>':'=4>+)<
>)+*)(+8'@4+6";;%&%4*(+H)74<B
● 384+@48%&$4d6+%=*%(%)*+%6+*)(+67%(&84>+)*B

K%566$%5#6(*#($>$%6$#91(9*,,(>*#+*,,1
— !<466+#<%4;$9+)*+(84+#"(()*+&)@4<+ +'*>+H"$$+%(+)H4*B
— !<466+'*>+8)$>+(84+4:4<=4*&9+&'$$+#"(()*+M+;%=B+Q + Q +;)<+'+;47+64&)*>6B+384+4:4<=4*&9+&'$$
7%$$+#4+(<%==4<4>+'*>+'+&'$$+7%$$+#4+:'>4+()+'+$)&'$+4:4<=4*&9+>%6H'(&8+&4*(4<B

D;+9)"+H<4664>+(84+4:4<=4*&9+&'$$+#"(()*+#9+:%6('J4L+&'*&4$+(84+4:4<=4*&9+&'$$+%::4>%'(4$9T
— !<466+(84+4:4<=4*&9+&'$$+#"(()*+'='%*+"*(%$+(84+%*>%&'()<+$%=8(+<4:'%*6+=<44*B

:+.2>*.59($>$%6$#91(9*,,
384+'"():'(%&+4:4<=4*&9+&'$$+%6+)*$9+(<%==4<4>+784*+(84+%=*%(%)*+%6+)*B

.+&'$$+7%$$+'"():'(%&'$$9+#4+:'>4+()+'+$)&'$+4:4<=4*&9+>%6H'(&8+&4*(4<+%;+(84+'%<#'=6+)<+#4$(+(4*,
6%)*4<6+>4H$)9B+384+'"():'(%&+4:4<=4*&9+&'$$+&'**)(
&'**)(+#4+6()HH4>+#9+H<466%*=+(84+4:4<=4*&9+&'$$
#"(()*+M+;%=B+Q + Q B

D;+I"46(%)*6+;<):+(84+$)&'$+4:4<=4*&9+&'$$+&4*(4<+'<4+*)(+'*674<4>L+<46&"4+)H4<'(%)*6+7%$$+'"(),
:'(%&'$$9+6('<(B

G#.$6%*.$C(4*..$%1
384+%*(4=<'(4>+#'((4<9+4*6"<46+(8'(+(84+$4='$$9+<4I"%<4>+4E'$$+4:4<=4*&9+&'$$+696(4:+7%$$+6(%$$+#4
'@'%$'#$4+;)<+6):4+(%:4+%;+(84+NQ+X)$(+@48%&$4+#'((4<9+%6+>%6&)**4&(4>+)<+;'"$(9B

D;+(84+%*(4=<'(4>+#'((4<9+%6+><'%*4>+)<+:'$;"*&(%)*%*=L+'+:466'=4+%*>%&'(%*=+(8%6+7%$$+#4+>%6H$'94>
%*+(84+%*6(<":4*(+&$"6(4<B+C84*+(84+<4$4@'*(+:466'=4+%6+68)7*L+%::4>%'(4$9+&)*6"$(+'*+'"(8),
<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+'*>+8'@4+(84+%*(4=<'(4>+#'(,
(4<9+<4H$'&4>B

K'@4+(84+%*(4=<'(4>+#'((4<9+&84&J4>L+'*>+%;+*4&466'<9L+<4H$'&4>+#9+'*+'"(8)<%?4>+X)$J,
67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+';(4<+'HH<)5%:'(4$9+O+94'<6B

A*.*(.%*#'>5''52#
384+$4='$$9+<4I"%<4>+>'('+7%$$+#4+64*(+()+(84+$)&'$+4:4<=4*&9+>%6H'(&8+&4*(4<+>"<%*=+'*+4:4<,
=4*&9+&'$$+()+>4(4<:%*4+(84+*4&466'<9+<46&"4+:4'6"<46B

384+>'('+<4='<>%*=+(84+$)&'(%)*+);+(84+@48%&$4+%6+&)*(%*")"6$9+)@4<7<%((4*L+6)+(8'(+)*$9+(84+:)6(
<4&4*(+(8<44+6'@4>+$)&'(%)*6+'6+<4I"%<4>+;)<+(84+$4='$$9+<4I"%<4>+4E'$$+1:4<=4*&9+W96(4:+()+;"*&,
(%)*+'<4+'@'%$'#$4B+384+@48%&$4+&'**)(+#4+(<'&J4>+)*+'+&)*(%*")"6+#'6%6B
384+4:4<=4*&9+&'$$+>'('+%6+)*$9+H<)&4664>+()+4*6"<4+(84+H<)H4<+;"*&(%)*+);+(84+$4='$$9+<4I"%<4>
4E'$$+1:4<=4*&9+W96(4:B+384+4:4<=4*&9+&'$$+>'('+%6+'"():'(%&'$$9+>4$4(4>+#9+(84+696(4:+NO
8)"<6+';(4<+(84+4:4<=4*&9+&'$$+%6+(<%==4<4>B

.:)*=+)(84<+(8%*=6L+(84+;)$$)7%*=+>'('+7%$$+#4+64*(T
— 384+&"<<4*(+@48%&$4+H)6%(%)*+'(+(84+(%:4+(84+4:4<=4*&9+&'$$+7'6+(<%==4<4>
— 37)+)(84<+@48%&$4+H)6%(%)*6+68)<($9+#4;)<4+(84+4:4<=4*&9+&'$$+7'6+(<%==4<4>+U;<):+(84+<)"(4
><%@4*L+NPP+:+)<+'<)"*>+OQ_+;(VB
— X48%&$4+D>4*(%;%&'(%)*+/":#4<+UXD/V
— 39H4+);+@48%&$4+><%@4B
— X48%&$4+&$'66
— 3<%==4<+(9H4+U'"():'(%&+)<+:'*"'$V
— E'$$+(9H4B
— -%<4&(%)*+%*+78%&8+(84+@48%&$4+7'6+:)@%*=+'(+(84+(%:4+(84+4:4<=4*&9+&'$$+7'6+(<%==4<4>B
— 3%:4+);+%:H'&(
— 24$%'#%$%(9+);+(84+H)6%(%)*%*=+>'('
— -'('+64(+@4<6%)*B
— E)"*(4<+);+(84+>'('+64(6+(<'*6:%((4>+H4<+&'$$
— 16(%:'(4>+*":#4<+);+H'664*=4<6B

D*6('$$4>+';(4<,:'<J4(+D*;)('%*:4*(+>4@%&46+:'9+$%:%(+(84+;"*&(%)*+);+(84+$4='$$9+<4I"%<4>
4E'$$+1:4<=4*&9+W96(4:B

K%2+4,$'/22.5#6

()*,3+#9.52#(5#(./$(,$6*,,1(>*#C*.$C($E*,,(;>$%6$#91(F1'.$>
384+<4>+%*>%&'()<+$%=8(+%*+(84+4:4<=4*&9+&'$$+#"(()*+("<*6+)*+'*>+<4:'%*6+)*+ B+384+:466'=4+
066'6@107/6%/(2-12",,1;8(2&$'(?1A/6#$2/1#/:$2,/
066'6@107/6%/(2-12",,1;8(2&$'(?1A/6#$2/1#/:$2,/+:'9+'$6)+#4+>%6H$'94>+%*+(84+%*6(<":4*(
&$"6(4<B
384<4+%6+'+696(4:+4<<)<+7%(8+(84+$4='$$9+:'*>'(4>+4E'$$+1:4<=4*&9+W96(4:B+.*+4:4<=4*&9+&'$$
&'**)(+#4+:'>4B
— -<%@4+%::4>%'(4$9+()+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4
R'&%$%(9B
— K'@4+(84+:'$;"*&(%)*+&)<<4&(4>B

(U5>5.$C(3+#9.52#(5#(./$(,$6*,,1(>*#C*.$C($E*,,(;>$%6$#91
F1'.$>
384+<4>+%*>%&'()<+$%=8(+%*+(84+4:4<=4*&9+&'$$+#"(()*+("<*6+)*+'*>+<4:'%*6+)*+ B+384+:466'=4+
07/6%/(2-12",,1;8(2&$'(1,$7$&/3?1A/6#$2/1#/:$2,/
07/6%/(2-12",,1;8(2&$'(1,$7$&/3?1A/6#$2/1#/:$2,/+:'9+'$6)+#4+>%6H$'94>+%*+(84+%*6(<":4*(
&$"6(4<B
384+$4='$$9+:'*>'(4>+4E'$$+1:4<=4*&9+W96(4:+;"*&(%)*+%6+)*$9+'@'%$'#$4+()+'+$%:%(4>+45(4*(B+.*
4:4<=4*&9+&'$$+&'**)(+#4+:'>4B

— -<%@4+%::4>%'(4$9+()+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4
R'&%$%(9B
— K'@4+(84+:'$;"*&(%)*+&)<<4&(4>B

!=$#5#6(*#C(E,2'5#6

7$/59,$(0$1
7$/59,$(0$1(3+#9.52#'

R%=B+
R%=B+NN+ X48%&$4+J49B

S49+;)<+;%=B+N T

N F*$)&J+(84+@48%&$4B+.$$+("<*+6%=*'$6+7%$$+;$'68+(7%&4 B
Q F*$)&J+(84+(<"*J+$%>+64H'<'(4$9B+.$$+("<*+6%=*'$6+7%$$+;$'68+(7%&4 B+3)+>)+(8%6L+#<%4;$9+H<466+'*>
8)$>+(84+#"(()*B
O b)&J+(84+@48%&$4B+.$$+("<*+6%=*'$6+7%$$+;$'68+)*&4 B
Z D*>%&'()<+$%=8(T+;$'6846+784*+'+#"(()*+%6+H<4664>B

C.2/D/0
E'<4$466+)<+"*%*(4*>4>+"64+);+(84+@48%&$4+J49+&'*+&'"64+&<'6846+'*>+64<%)"6+%*A"<%46B
● 3'J4+'$$+@48%&$4+J496+7%(8+9)"+784*+$4'@%*=+(84+@48%&$4B+E8%$><4*+)<+"*'"(8)<%?4>+H4)H$4
&)"$>+$)&J+(84+>))<6+'*>Y)<+(84+(<"*J+$%>L+6('<(+(84+4*=%*4L+)<+67%(&8+(84+%=*%(%)*+)*+'*>+'&(%,
@'(4+4$4&(<%&'$+4I"%H:4*(L+6"&8+'6+(84+H)74<+7%*>)76B
● /4@4<+$4'@4+&8%$><4*+)<+H4)H$4+<4I"%<%*=+'66%6('*&4+"*'((4*>4>+%*+(84+@48%&$4B+D*+'*+4:4<,
=4*&9L+(849+7%$$+*)(+#4+'#$4+()+$4'@4+(84+@48%&$4+"*'66%6(4>+)<+&'<4+;)<+(84:64$@46B+R)<+45,
':H$4L+>4H4*>%*=+)*+(84+64'6)*L+(84+(4:H4<'("<4+%*6%>4+(84+@48%&$4+&)"$>+#4&):4+@4<9+8%=8
)<+$)7L+78%&8+&'*+$4'>+()+64<%)"6+%*A"<%46L+%$$*466+)<+>4'(8L+46H4&%'$$9+;)<+@4<9+9)"*=+&8%$><4*B

/G3DE1
!<)(4&(+(84+@48%&$4+J49+;<):+:)%6("<4+'*>+6(<)*=+%:H'&(6B
)$9/*#59*,(0$1

R%=B+
R%=B+NN+ X48%&$4+J49T+<4$4'6%*=+(84+:4&8'*%&'$+J49B

N [<%4;$9+H<466+(84+<4$4'64+#"(()*B+384+J49+<%*=+7%$$+;)$>+)H4*B
Q !<466+(84+<4$4'64+#"(()*+'*>+H"$$+)"(+(84+4:4<=4*&9+J49+%*+(84+>%<4&(%)*+);+(84+'<<)7B
O a4&8'*%&'$+J49B

384<4+%6+'+6H'<4+J49+M+;%=B+N + O +$)&'(4>+%*+(84+@48%&$4+J49+(8'(+&'*+#4+"64>+()+:'*"'$$9+"*$)&J
'*>+$)&J+(84+@48%&$4B

!)66%#$4+;"*&(%)*6T
— F*$)&J+'*>+$)&J+(84+@48%&$4+:'*"'$$9+UM+X48%&$4+J49L+G@4<@%47V B
— W7%(&8%*=+(84+&8%$>+6';4(9+$)&J+)*+'*>+);;+UM+-46&<%H(%)*L+a4&8'*%&'$+&8%$>+6';4(9+$)&JV B

@$=,*95#6(./$(4+..2#(9$,,(4*..$%1
R%=B+
R%=B+NN+ X48%&$4+J49T+)H4*%*=+(84+#'((4<9+&):H'<(:4*(+&)@4<B

R%=B+
R%=B+QQ+ X48%&$4+J49T+<4H$'&%*=+(84+#"(()*+&4$$+#'((4<9

X)$J67'=4*+<4&)::4*>6+8'@%*=+(84+#"(()*+&4$$+#'((4<9+<4H$'&4>+#9+'*+'"(8)<%?4>+X)$J67'=4*
>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+M+ B

— 24:)@4+(84+:4&8'*%&'$+J49+M+;%=B+N + N +UM+X48%&$4+J49L+1:4<=4*&9+)H4<'(%)*V B

— D*64<(+(84+6H'<4+J49+%*+(84+6$)(+M+;%=B+N + Q L+H"68+%(+%*+(84+>%<4&(%)*+);+(84+'<<)7+'*>+$4@4<+)"(
(84+&)@4<B
— b%;(+(84+#"(()*+&4$$+#'((4<9+)"(+);+(84+#'((4<9+&):H'<(:4*(+M+;%=B+Q B
— !<466+(84+*47+#"(()*+&4$$+#'((4<9+%*()+(84+#'((4<9+&):H'<(:4*(+M+ B
— !<466+(84+&)@4<+)"(+);+(84+8)"6%*=+M+;%=B+N B
— W()<4+(84+:4&8'*%&'$+J49+UM+X48%&$4+J49L+1:4<=4*&9+)H4<'(%)*V B
— -%6H)64+);+><'%*4>+#'((4<9+%*+'+7'9+(8'(+7%$$+*)(+8'<:+(84+4*@%<)*:4*(B

-./012
D;+#'((4<%46+7%(8+'+>%':4(4<+$'<=4<+(8'*+QP+::+)<+)(84<+#"(()*+&4$$+#'((4<%46+'<4+67'$$)74>L+64,
<%)"6+)<+;'('$+%*A"<%46+&)"$>+)&&"<+7%(8%*+'+@4<9+68)<(+(%:4B
● .$7'96+J44H+(84+@48%&$4+J49+'*>+(84+J49+;)#+7%(8+#'((4<%46+)"(+);+(84+<4'&8+);+&8%$><4*B
● W44J+:4>%&'$+'((4*(%)*+%::4>%'(4$9+%;+9)"+6"6H4&(+(8'(+'+#'((4<9+8'6+#44*+67'$$)74>B

/G3DE1
● D;+(84+#"(()*+&4$$+#'((4<9+%6+<4H$'&4>+%*&)<<4&($9L+%(+&'*+>':'=4+(84+@48%&$4+J49B
● F6%*=+%*&)<<4&(+#'((4<%46+&'*+>':'=4+(84+@48%&$4+J49B+G*$9+<4H$'&4+><'%*4>+#'((4<%46+7%(8+'
*47+#'((4<9+%*+(84+6':4+@)$('=4L+6%?4L+'*>+6H4&%;%&'(%)*B
● a'J4+6"<4+(84+#'((4<9+%6+;'&%*=+%*+(84+<%=8(+>%<4&(%)*+784*+%*64<(%*=+%(B

384+(9H4+);+#'((4<%46+"64>+%*+(84+<4:)(4+&)*(<)$+);+9)"<+@48%&$4+J49+&'*+&)*('%*+H4<&8$)<'(4B
38%6+<4I"%<46+6H4&%'$+8'*>$%*=B+G#64<@4+'$$+$4='$+<4I"%<4:4*(6+<4='<>%*=+(84+8'*>$%*=+'*>
>%6H)6'$+);+(8464+#'((4<%46B+C4+<4&)::4*>+()+8'@4+(8%6+64<@%&4+H4<;)<:4>+#9+'*+'"(8)<%?4>
X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B

F1#9/%2#5V5#6(*(8$/59,$(0$1

D;+(84+@48%&$4+&'**)(+#4+"*$)&J4>+)<+$)&J4>+"6%*=+(84+@48%&$4+J49L+69*&8<)*%?4+(84+@48%&$4+J49+)<
<4H$'&4+(84+#"(()*+&4$$+#'((4<9+UM+X48%&$4+J49L+24;%$$%*=V B
W9*&8<)*%?%*=+'+@48%&$4+J49T

— W('*>+*45(+()+(84+@48%&$4B
— !<466+(84+ +#"(()*+)*+(84+@48%&$4+J49+(7%&4L+I"%&J$9B

G2T

— 24:)@4+(84+:4&8'*%&'$+J49+UM+X48%&$4+J49L+1:4<=4*&9+)H4<'(%)*V B
— D;+*4&466'<9L+<4:)@4+(84+&'H+;<):+(84+><%@4<d6+>))<+8'*>$4+UM+-))<6L+1:4<=4*&9+)H4<'(%)*V B
— !<466+(84+ +#"(()*+)*+(84+@48%&$4+J49B
— F*$)&J+(84+@48%&$4+"6%*=+(84+6H'<4+J49B
— GH4*+(84+><%@4<+>))<B+D;+(84+@48%&$4+%6+4I"%HH4>+7%(8+'*+'*(%,(84;(+'$'<:+696(4:L+(84+'$'<:+7%$$
#4+(<%==4<4>+%::4>%'(4$9+UM+.*(%,(84;(+'$'<:+696(4:L+-46&<%H(%)*V B
— W7%(&8+(84+%=*%(%)*+)*B
38%6+&):H$4(46+(84+69*&8<)*%?'(%)*B

K%2+4,$'/22.5#6
7$/59,$(9*##2.(4$(,290$C(2%(+#,290$C
24:)(4+&)*(<)$+%6+>%6<"H(4>+#9+)#A4&(6L+H))<+74'(84<+&)*>%(%)*6+)<+(<'*6:%((4<6+)*+(84+6':4+;<4,
I"4*&9+#'*>+&$)64+()+(84+@48%&$4+U4B=B+:)#%$4+>4@%&46VL+'6+74$$+'6+#9+(84+#"(()*+&4$$+#4%*=
>%6&8'<=4>B
G2T
G2T+(84+&4*(<'$+$)&J%*=+696(4:+67%(&846+);;+#<%4;$9+()+H<)(4&(+%(+;<):+)@4<$)'>%*=B

— E$)64+(84+><%@4<d6+>))<B
G2T+69*&8<)*%?4+(84+@48%&$4+J49+UM+X48%&$4+J49L+W4((%*=6V B
— G2T
G2T+E8'*=4+(84+#'((4<9+&4$$+%*+(84+@48%&$4+J49+UM+24;%$$%*=L+X48%&$4+J49V B
— G2T

K/$(5#C59*.2%(,56/.(5'(#2.(4,5#05#6
D;+(84+%*>%&'()<+$%=8(+%*+(84+@48%&$4+J49+>)46+*)(+#$%*J+784*+9)"+H<466+)*4+);+(84+#"(()*6L+(84*
(84+#"(()*+&4$$+#'((4<9+%*+(84+@48%&$4+J49+:"6(+#4+<4H$'&4>+UM+X48%&$4+J49L+24;%$$%*=V B

n)"+&'*+=4(+'*+'>>%(%)*'$+)<+<4H$'&4:4*(+@48%&$4+J49+'(+'+X)$J67'=4*+>4'$4<68%HB

\$1,$''(:99$''

G#.%2C+9.52#

S49$466+.&&466+:'J46+%(+H)66%#$4+()+"*$)&J+'*>+$)&J+(84+@48%&$4+7%(8)"(+'&(%@4$9+"6%*=+(84+J49B+.
@'$%>+@48%&$4+J49+:"6(+#4+$)&'(4>+*4'<+(84+@48%&$4+()+"64+(8%6+;"*&(%)*B

W#,2905#6(2%(,2905#6(+'5#6(\$1,$''(:99$''
R%=B+
R%=B+NN+ D*+>))<+8'*>$4T+64*6)<6B

R%=B+
R%=B+QQ+ S49$466+.&&466T+64*6)<+<'*=4B

E2#356+%5#6(
E2#356+%5#6(\$1,$''(:99$''
\$1,$''(:99$''
384+#48'@%)<+);+S49$466+.&&466+&'*+#4+64(+%*+(84+</:$2,/
</:$2,/+:4*"+%*+(84+D*;)('%*:4*(+696(4:B
D;+(84+S49$466+.&&466+;"*&(%)*+%6+>4'&(%@'(4>L+(8%6+;"*&(%)*+:'9+#4+6"#A4&(+()+;"*&(%)*'$
$%:%('(%)*6B

W#,2905#6(./$(8$/59,$
— 3)"&8+(84+64*6)<+M+;%=B+N + . +)*+(84+%*6%>4+);+(84+>))<+8'*>$4B+.$$+("<*+6%=*'$6+7%$$+;$'68
(7%&4 B
D;+(84+64*6)<+%6+()"&84>+(7%&4L+(84+4*(%<4+@48%&$4+7%$$+#4+"*$)&J4>B

:+.2>*.59*,,1(+#,2905#6(./$(8$/59,$
384+@48%&$4+&'*+#4+"*$)&J4>+'"():'(%&'$$9B+3)+>)+6)L+(84+;"*&(%)*+:"6(+#4+'&(%@'(4>+%*+(84+D*;),
('%*:4*(+696(4:+'*>+(84+@48%&$4+J49+:"6(+#4+7%(8%*+(84+64*6)<+<'*=4+);+(84+@48%&$4B
— D;+(84+<4:)(4+&)*(<)$+@48%&$4+J49+%6+>4(4&(4>+*4'<#9+M+;%=B+Q L+(84+@48%&$4+%6+"*$)&J4>B+.$$+("<*
6%=*'$6+7%$$+;$'68+(7%&4 B

D;+(84+@48%&$4+%6+*)(+"*$)&J4>+;)<+'+$)*=+H4<%)>+);+(%:4L+(84+;"*&(%)*+%6+'"():'(%&'$$9+>4'&(%@'(4>B
384+;"*&(%)*+%6+<4'&(%@'(4>+(84+*45(+(%:4+(84+@48%&$4+%6+$)&J4>B

D;+6%*=$4+>))<+"*$)&J%*=+%6+'&(%@'(4>+%*+(84+64((%*=6+;)<+(84+&4*(<'$+$)&J%*=+%*+(84+D*;)('%*:4*(
696(4:L+(8%6+:'9+<46(<%&(+'"():'(%&+"*$)&J%*=B

U2905#6(./$(8$/59,$
— !'<J%*=+(84+@48%&$4B
— 3)"&8+(84+64*6)<+M+;%=B+N + [ +)*+(84+)"(6%>4+);+(84+>))<+8'*>$4B+.$$+("<*+6%=*'$6+7%$$+;$'68
)*&4 B
384+"*$)&J+;"*&(%)*+%6+>4'&(%@'(4>+;)<+64@4<'$+64&)*>6+6)+(8'(+9)"+&'*+&84&J+%;+(84+@48%&$4
$)&J4>+&)<<4&($9B

W#,2905#6(./$(.%+#0(,5C
D;+(84+@48%&$4+%6+$)&J4>+'*>+'+@48%&$4+J49+%6+7%(8%*+(84+(<"*J+$%>+64*6)<+<'*=4L+(84+(<"*J+$%>+7%$$+"*,
$)&J+'"():'(%&'$$9+784*+)H4*4>B+.;(4<+&$)6%*=L+(84+(<"*J+$%>+7%$$+$)&J+'='%*B

D;+(84+@48%&$4+%6+'"():'(%&'$$9+"*$)&J4>L+(84+(<"*J+$%>+%6+'$6)+'"():'(%&'$$9+"*$)&J4>+'*>+&'*+#4
)H4*4>+:'*"'$$9+UM+GH4<'(%)*L+a4&8'*%&'$+(<"*J+$%>V B

A$*9.58*.5#6(
A$*9.58*.5#6(\$1,$''(:99$''
\$1,$''(:99$''(.$>=2%*%5,1
(.$>=2%*%5,1
n)"+&'*+(4:H)<'<%$9+>4'&(%@'(4+(84+S49$466+.&&466+7%(8+H"68,#"(()*+6('<(+"*$)&J%*=+;"*&(%)*+()
H<4@4*(+(84+@48%&$4+;<):+#4%*=+"*$)&J4>+'*>+6('<(4>+#9+"*'"(8)<%?4>+H4)H$4T

b)&J+(84+@48%&$4+7%(8+(84+ +#"(()*+)*+(84+@48%&$4+J49B
3)"&8+(84+64*6)<+)*+(84+)"(6%>4+);+(84+>))<+8'*>$4+)*4+(%:4+7%(8%*+;%@4+64&)*>6+';(4<+$)&J%*=
(84+@48%&$4+M+;%=B+N + [ B+-)+*)(+=<'6H+(84+>))<+8'*>$4+>"<%*=+(8%6+H<)&466B+S49$466+.&&466+%6
*)7+(4:H)<'<%$9+>4'&(%@'(4>B
E84&J+%;+%(+%6+>4'&(%@'(4>+#9+7'%(%*=+'(+$4'6(+(4*+64&)*>6+'*>+(84*+H"$$%*=+)*+(84+>))<+8'*>$4B
384+>))<+68)"$>+*)(+)H4*B

384+*45(+(%:4+(84+@48%&$4+%6+"*$)&J4>L+9)"+:"6(+"64+(84+@48%&$4+J49B+S49$466+.&&466+7%$$+#4+<4'&(%,
@'(4>+(84+*45(+(%:4+(84+@48%&$4+%6+"*$)&J4>B

A$*9.58*.5#6(
A$*9.58*.5#6(\$1,$''(:99$''
\$1,$''(:99$''(=$%>*#$#.,1
(=$%>*#$#.,1
n)"+&'*+'$6)+H4<:'*4*($9+>4'&(%@'(4+S49$466+.&&466+%*+(84+D*;)('%*:4*(+696(4:+()+H<4@4*(+(84
@48%&$4+;<):+#4%*=+"*$)&J4>+'*>+6('<(4>+#9+"*'"(8)<%?4>+H4)H$4B

K%2+4,$'/22.5#6

G3(
G3(\$1,$''(:99$''
\$1,$''(:99$''(5'(#2.("2%05#6
(5'(#2.("2%05#6
384+64*6)<+;"*&(%)*+:'9+#4+%:H'%<4>+%;+(84+64*6)<+%6+>%<(9B

— E$4'*+(84+64*6)<6B

G3(*,,(.+%#('56#*,'(3,*'/(32+%(.5>$'
384+@48%&$4+J49+(8'(+7'6+$'6(+"64>+%6+6(%$$+%*+(84+@48%&$4B

— 24:)@4+(84+J49+'*>+$)&J+(84+@48%&$4B

:+.2>*.59('$#'2%(C$*9.58*.52#
384+64*6)<6+7%$$+>4'&(%@'(4+'"():'(%&'$$9+"*>4<+(84+;)$$)7%*=+&)*>%(%)*6T

— D;+(84+@48%&$4+%6+*)(+"*$)&J4>+)<+$)&J4>+;)<+'+$)*=+H4<%)>+);+(%:4
— D;+'+64*6)<+%6+(<%==4<4>+())+;<4I"4*($9

24'&(%@'(%*=+(84+64*6)<+H'>6T

— F*$)&J+(84+@48%&$4+"6%*=+(84+ +#"(()*+)*+(84+@48%&$4+J49B

/G3DE1
W(<)*=+6(<4':6+);+7'(4<+)<+@'H)<+&)"$>+'&(%@'(4+(84+64*6)<6+%*+(84+>))<+8'*>$46+%;+'+@'$%>+@48%,
&$4+J49+%6+$)&'(4>+*4'<+(84+@48%&$4B+D;+'(+$4'6(+)*4+7%*>)7+%6+)H4*+'*>+(84+64*6)<6+%*+)*4+>))<
8'*>$4+'<4+H4<:'*4*($9+'&(%@'(4>L+(84*+'$$+7%*>)76+7%$$+&$)64B+D;+(84+6(<4':+);+7'(4<+)<+@'H)<+%6
<4:)@4>+#<%4;$9+;<):+(84+64*6)<+%*+'+>))<+8'*>$4+'*>+(84*+<4>%<4&(4>+'(+(84+64*6)<L+'$$+);+(84
7%*>)76+:'9+)H4*+UM+S49$466+.&&466L+D*(<)>"&(%)*Y=4*4<'$+%*;)<:'(%)*V B

D;+(84+:466'=4+R/-,/**1;"8,&-?
R/-,/**1;"8,&-?+'HH4'<6+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9L+(84<4+:'9+#4
'+:'$;"*&(%)*+%*+(84+S49$466+.&&466+696(4:B+04(+H<);466%)*'$+'66%6('*&4B

D;+(84<4+%6+*)+@48%&$4+J49+%*+(84+@48%&$4+)<+(84+J49+%6+*)(+>4(4&(4>L+'+:466'=4+7%$$+'HH4'<
%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9B+38%6+&'*+)&&"<+%;+'*)(84<+6%=*'$+%*(4<;4<46+7%(8+(84+@4,
8%&$4+J49+)<+%;+(84+@48%&$4+J49+%6+&)@4<4>+#9+'*+)#A4&(L+6"&8+'6+'*+'$":%*":+&'64B
A22%'(*#C(9$#.%*,(,2905#6(4+..2#

G#.%2C+9.52#

384+>))<6+&'*+#4+:'*"'$$9+$)&J4>+'*>+64H'<'(4$9+"*$)&J4>L+;)<+45':H$4+%;+(84+@48%&$4+J49+)<+(84
&4*(<'$+$)&J%*=+696(4:+%6+:'$;"*&(%)*%*=B

384+&4*(<'$+$)&J%*=+696(4:+'$$)76+9)"+()+"*$)&J+'*>+$)&J+'$$+>))<6L+(84+(<"*J+$%>L+'*>+(84+;"4$
;%$$4<+;$'H+;<):+)*4+$)&'(%)*B
384+@48%&$4+&'*+)*$9+#4+$)&J4>+784*+(84+%=*%(%)*+%6+67%(&84>+);;+)<+%;+(84+><%@4<+8'6+45%(4>+(84+@4,
8%&$4+784*+(84+4*=%*4+%6+6()HH4>B

.*+%:'=4+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9+%*>%&'(46+%;+)*4+)<+:)<4+>))<6+8'@4+*)(+)H4*4>+)<
&$)64>+&)<<4&($9B+ +-)+*)(+&)*(%*"4+><%@%*=i
-)+*)(+&)*(%*"4+><%@%*=i+GH4*+(84+';;4&(4>+>))<+'*>+&$)64+%(+'='%*B
384+%:'=4+%6+'$6)+>%6H$'94>+784*+(84+%=*%(%)*+%6+67%(&84>+);;L+'*>+%(+("<*6+);;+64@4<'$+64&)*>6+';,
(4<+(84+>))<6+'<4+&$)64>+'*>+(84+@48%&$4+8'6+#44*+$)&J4>B

C.2/D/0
D;+'+>))<+%6+*)(+&$)64>+&)<<4&($9L+%(+&'*+)H4*+6">>4*$9+78%$4+><%@%*=+'*>+&'"64+64<%)"6+%*A"<%46B
● W()H+%::4>%'(4$9+'*>+&$)64+(84+>))<U6VB
● C84*+&$)6%*=+(84+>))<L+:'J4+6"<4+%(+%6+64&"<4$9+'*>+&):H$4(4$9+$'(&84>B+C84*+&$)64>L+(84
>))<+:"6(+#4+;$"68+7%(8+(84+'<4'6+);+(84+@48%&$4+#)>9+(8'(+'<4+'<)"*>+(84+>))<B
● -)+*)(+)H4*+)<+&$)64+(84+>))<6+%;+'*9)*4+%6+%*+(84+7'9B

C.2/D/0
C84*+(84+>))<+%6+#4%*=+84$>+)H4*+#9+(84+>))<+'<<46(4<L+%(+:'9+&$)64+#9+%(64$;+%*+8%=8+7%*>6+)<+)*
%*&$%*46L+78%&8+%*&<4'646+(84+<%6J+);+%*A"<9B
● .$7'96+8)$>+(84+>))<+8'*>$4+;%<:$9+784*+)H4*%*=+'*>+&$)6%*=+(84+>))<B

C.2/D/0
384+'<4'+7%(8%*+(84+<'*=4+);+:)(%)*+;)<+(84+>))<6+'*>+(<"*J+$%>+&'*+#4+>'*=4<)"6+'*>+(84<4+%6
(84+H)(4*(%'$+;)<+%*A"<%46B
● -)+*)(+)H4*+)<+&$)64+(84+>))<6+'*>+(<"*J+$%>+%;+'*9)*4+%6+%*+(84+7'9B
C.2/D/0
b)&J%*=+(84+>))<6+&'<4$466$9+%*&<4'646+(84+<%6J+);+64<%)"6+%*A"<%46B
● C84*+(84+@48%&$4+%6+$)&J4>+;<):+(84+)"(6%>4L+(84+>))<6+'*>+H)74<+7%*>)76+&'**)(+#4
)H4*4>+;<):+(84+%*6%>4B
● 384+&4*(<'$+$)&J%*=+696(4:+$)&J6+'$$+(84+>))<6B+C84*+(84+@48%&$4+%6+$)&J4>+;<):+(84+%*6%>4L+%(
<4>"&46+(84+<%6J+);+)H4*%*=+(84+>))<6+"*%*(4*(%)*'$$9+'*>+);+"*'"(8)<%?4>+H4)H$4+4*(4<%*=
(84+@48%&$4B+D*+&'64+);+'*+4:4<=4*&9+)<+'*+'&&%>4*(L+$)&J4>+>))<6+&'*+:'J4+%(+:)<4+>%;;%&"$(
;)<+;%<6(+<46H)*>4<6+()+'&&466+(84+@48%&$4+%*(4<%)<+()+84$H+(84+H'664*=4<6B
● /4@4<+$4'@4+&8%$><4*+)<+H4)H$4+<4I"%<%*=+'66%6('*&4+"*'((4*>4>+%*+(84+@48%&$4B+.$$+>))<6+&'*
#4+$)&J4>+;<):+(84+%*6%>4+"6%*=+(84+&4*(<'$+$)&J%*=+#"(()*B+38%6+&'*+<46"$(+%*+H4)H$4+$)&J%*=
(84:64$@46+%*6%>4+(84+@48%&$4B+D*>%@%>"'$6+$)&J4>+%*+(84+@48%&$4+&)"$>+#4+45H)64>+()+@4<9
8%=8+)<+@4<9+$)7+(4:H4<'("<46B
● -4H4*>%*=+)*+(84+64'6)*L+(84+(4:H4<'("<4+%*6%>4+(84+@48%&$4+&)"$>+#4&):4+@4<9+8%=8+)<+$)7L
78%&8+&'*+$4'>+()+64<%)"6+%*A"<%46L+%$$*466+)<+>4'(8L+46H4&%'$$9+;)<+@4<9+9)"*=+&8%$><4*B
● /4@4<+$4'@4+'*9)*4+%*+'+$)&J4>+@48%&$4B+D*+'*+4:4<=4*&9L+(8464+H4)H$4+:'9+*)(+#4+'#$4+()
45%(+(84+@48%&$4+7%(8)"(+'66%6('*&4+)<+&'<4+;)<+(84:64$@46B

/G3DE1
C84*+"6%*=+(84+4:4<=4*&9+)H4*%*=+)<+&$)6%*=+;"*&(%)*L+<4:)@4+'*>+<4%*6('$$+(84+';;4&(4>+&):,
H)*4*(6+&'<4;"$$9+'*>+&)<<4&($9+()+<4>"&4+(84+<%6J+);+@48%&$4+>':'=4B

W):4+64((%*=6+&'*+#4+6'@4>+%*+(84+><%@4<+H4<6)*'$%?'(%)*+"64<+H<);%$46B

G#C59*.2%(,56/.(5#(./$(C%58$%&'(C22%

384+%*>%&'()<+$%=8(+;)<+(84+&4*(<'$+$)&J%*=+696(4:+%6+$)&'(4>+%*+(84+><%@4<d6+>))<B
X48%&$4+%6+$)&J4>T +(84+<4>+b1-+;$'6846+I"%&J$9+;)<+'HH<)5%:'(4$9+(7)+64&)*>6L+'*>+(84*+;$'6846
:)<4+6$)7$9+';(4<+(8'(B+384+%*>%&'()<+$%=8(+>)46+*)( +;$'68+%;+(84+@48%&$4+7'6+$)&J4>+"6%*=+(84+&4*,
(<'$+$)&J%*=+#"(()*+%*+(84+><%@4<d6+>))<+UM+E4*(<'$+$)&J%*=+#"(()*L+-46&<%H(%)*V B

:+.2>*.59(,2905#6(*#C(+#,2905#6

W4((%*=6+;)<+(84+&4*(<'$+$)&J%*=+&'*+#4+'HH$%4>+%*+(84+D*;)('%*:4*(+696(4:B

:+.2>*.59(,2905#6(
:+.2>*.59(,2905#6(H:+.2(U290I
H:+.2(U290I
384+@48%&$4+$)&J6+'"():'(%&'$$9+'(+6H44>6+);+'HH<)5%:'(4$9+N\+J:Y8+U`+:H8V+)<+8%=84<B+D;+(84+@4,
8%&$4+%6+$)&J4>L+(84+ +%*>%&'()<+$%=8(+7%$$+("<*+94$$)7+%*+(84+&4*(<'$+$)&J%*=+#"(()*B

:+.2>*.59(+#,2905#6(
:+.2>*.59(+#,2905#6(H:+.2(W#,290I
H:+.2(W#,290I
D;+)*4+);+(84+;)$$)7%*=+&)*>%(%)*6+'HH$9L+'$$+>))<6+'*>+(84+(<"*J+$%>+7%$$+"*$)&J+'"():'(%&'$$9T

— D;+(84+@48%&$4+%6+6('(%)*'<9+'*>+(84+@48%&$4+J49+8'6+#44*+<4:)@4>
— D*+@48%&$46+7%(8+'*+'"():'(%&+=4'<#)5T +D;+(84+H'<J%*=+$)&J+!!+%6+4*='=4>+'*>+(84+%=*%(%)*+%6
67%(&84>+);;B
— G2T
G2T+%;+(84+>))<+8'*>$4+8'6+#44*+H"$$4>B
G2T+%;+'%<#'=6+8'@4+>4H$)94>+>"<%*=+'+&)$$%6%)*+UM+-))<6L+R.eV B
— G2T

384+."()+F*$)&J+;"*&(%)*+:'J46+%(+H)66%#$4+;)<+;%<6(+<46H)*>4<6+()+'&&466+(84+%*(4<%)<+);
(84+@48%&$4B

-4H4*>%*=+)*+(84+&4*(<'$+$)&J%*=+696(4:+64((%*=+%*+(84+D*;)('%*:4*(+696(4:L+%(+:'9+)*$9
#4+H)66%#$4+()+"*$)&J+'$$+);+(84+>))<6+'*>+(84+(<"*J+$%>+';(4<+(84+ +#"(()*+%6+H<4664>
(7%&4B

E$#.%*,(,2905#6(4+..2#

R%=B+
R%=B+NN+ D*+(84+><%@4<d6+>))<T+&4*(<'$+$)&J%*=+#"(()*B

S49T

+r+F*$)&J+(84+@48%&$4B
+r+b)&J+(84+@48%&$4B
384+&4*(<'$+$)&J%*=+#"(()*+;"*&(%)*6+#)(8+784*+(84+%=*%(%)*+%6+)*+)<+);;L+#"(+)*$9+784*+'$$+(84
>))<6+'<4+&$)64>B
D;+(84+@48%&$4+%6+$)&J4>+;<):+(84+)"(6%>4+"6%*=+(84+@48%&$4+J49L+(84+&4*(<'$+$)&J%*=+#"(()*6+7%$$+#4
>%6'#$4>B
D;+(84+@48%&$4+%6+$)&J4>+;<):+(84+%*6%>4+"6%*=+(84+&4*(<'$+$)&J%*=+#"(()*L+(84*T
— 384+ +%*>%&'()<+$%=8(+%*+(84+#"(()*+7%$$+("<*+94$$)7+%;+'$$+>))<6+'<4+&$)64>+'*>+$)&J4>B
*)(+#4+'&(%@'(4>+UM+.*(%,(84;(+'$'<:+696(4:L+-46&<%H(%)*V B
— 384+'*(%,(84;(+'$'<:+696(4:+7%$$+*)(
384+>))<6+&'*+#4+)H4*4>+;<):+(84+%*6%>4+#9+H"$$%*=+(84+>))<+8'*>$4B+384+ +%*>%&'()<+$%=8(+%*+(84
#"(()*+7%$$+("<*+);;B+384+"*)H4*4>+>))<6+'*>+(84+(<"*J+$%>+7%$$+<4:'%*+$)&J4>+'*>+&'**)(+#4
)H4*4>+;<):+(84+)"(6%>4B
384+><%@4<c6+>))<+7%$$+*)(+$)&J+%;+%(+%6+)H4*B

U2905#6(./$(3%2#.(=*''$#6$%&'(C22%(*#C(%$*%(C22%'(5#(*#
$>$%6$#91

R%=B+
R%=B+NN+ D*+(84+;<)*(+4>=4+);+(84+<4'<+<%=8(,8'*>+>))<T+X48%&$4+4:4<=4*&9+"*$)&J+;)<+"6%*=+(84
6H'<4+U:4&8'*%&'$V+J49B

384+;<)*(+H'664*=4<d6+>))<+'*>+(84+<4'<+>))<6+&'*+4'&8+#4+$)&J4>+:'*"'$$9B+384+'*(%,(84;(+'$'<:
*)(+'&(%@'(4>+784*+(8%6+8'HH4*6+UM+.*(%,(84;(+'$'<:+696(4:L+-46&<%H(%)*V B
696(4:+%6+*)(
— GH4*+(84+>))<B
— 24:)@4+(84+<"##4<+64'$+ +%*+(84+;<)*(+);+(84+>))<B
— D*64<(+(84+6H'<4+J49+%*+(84+@4<(%&'$+6$)(+'*>+("<*+M+;%=B+N B
— 24'(('&8+(84+<"##4<+64'$B
— E84&J+%;+(84+>))<+%6+$)&J4>B
— K'@4+(84+@48%&$4+%*6H4&(4>+%::4>%'(4$9+#9+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>
X)$J67'=4*+W4<@%&4+R'&%$%(9B
D;+'+>))<+%6+$)&J4>+:'*"'$$9L+%(+7%$$+"*$)&J+'='%*+784*+(84+@48%&$4+%6+"*$)&J4>+)<+%;+(8'(+>))<+%6
)H4*4>+;<):+(84+%*6%>4B

-))<6+&'*+#4+"*$)&J4>+'*>+)H4*4>+;<):+(84+%*6%>4+#9+H"$$%*=+(84+>))<+8'*>$4B

E/5,C('*3$.1(,290

R%=B+
R%=B+NN+ E8%$>+6';4(9+$)&JT+

$4;(+<4'<+>))<L+

<%=8(+<4'<+>))<B

N E8%$>+6';4(9+$)&J+%6+67%(&84>+);;B
Q E8%$>+6';4(9+$)&J+%6+67%(&84>+)*B

384+&8%$>+6';4(9+$)&J+<4>"&46+(84+<%6J+);+(84+<4'<+>))<6+#4%*=+)H4*4>+;<):+(84+%*6%>4B
C84*+(84+&8%$>+6';4(9+$)&J+%6+67%(&84>+)*L+(84+>))<+&'*+)*$9+#4+)H4*4>+;<):+(84+)"(6%>4B

F"5.9/5#6(./$(9/5,C('*3$.1(,290(2#(2%(233
— F*$)&J+(84+@48%&$4+(84+)H4*+(84+<46H4&(%@4+<4'<+>))<B
— [<%*=+(84+6$)(+%*()+(84+&)<<46H)*>%*=+H)6%(%)*B
C.2/D/0
C84*+(84+&8%$>+6';4(9+$)&J+%6+67%(&84>+)*L+(8'(+>))<+&'**)(+#4+)H4*4>+;<):+(84+%*6%>4B
● /4@4<+$4'@4+&8%$><4*+)<+H4)H$4+<4I"%<%*=+'66%6('*&4+"*'((4*>4>+%*+(84+@48%&$4+784*+(84
>))<6+'<4+$)&J4>B+G(84<7%64L+(849+&)"$>+#4&):4+$)&J4>+%*6%>4+(84+@48%&$4B+D*+&'64+);+'*
4:4<=4*&9L+(8464+%*>%@%>"'$6+7)"$>+*)(+#4+'#$4+()+$4'@4+(84+@48%&$4+7%(8)"(+'66%6('*&4+)<
&'<4+;)<+(84:64$@46B+D*>%@%>"'$6+$)&J4>+%*+(84+@48%&$4+&)"$>+#4+45H)64>+()+@4<9+8%=8+)<+@4<9
$)7+(4:H4<'("<46B
● -4H4*>%*=+)*+(84+64'6)*L+(84+(4:H4<'("<4+%*6%>4+(84+@48%&$4+&)"$>+#4&):4+@4<9+8%=8+)<+$)7L
78%&8+&'*+$4'>+()+64<%)"6+%*A"<%46L+%$$*466+)<+>4'(8L+46H4&%'$$9+;)<+@4<9+9)"*=+&8%$><4*B

F:?;(,290

n)"<+@48%&$4+:'9+#4+4I"%HH4>+7%(8+'+W.R1+$)&JB
384+W.R1+$)&J+>4'&(%@'(46+(84+>))<+8'*>$46+784*+(84+@48%&$4+%6+$)&J4>+()+<4>"&4+(84+<%6J+);
6):4)*4+#<4'J%*=+%*()+(84+@48%&$4B+384+>))<6+&'*+*)+$)*=4<+#4+)H4*4>+;<):+(84+%*6%>4+M+ B

-4'&(%@'(%*=+W.R1+$)&J

384+W.R1+$)&J+&'*+#4+>4'&(%@'(4>+(8<)"=8+)*4+);+(84+;)$$)7%*=+:4(8)>6T
— !<466+(84+ +#"(()*+)*+(84+@48%&$4+J49+'='%*+7%(8%*+(7)+64&)*>6
7%(8%*+(7)+64&)*>6B
— G*+@48%&$46+7%(8+S49$466+.&&466+7%(8+H"68,#"(()*+6('<(T +()"&8+(84+64*6)<+)*+(84+)"(6%>4+);
7%(8%*+(7)+64&)*>6+UM+S49$466+.&&466L+-46&<%H(%)*V B
(84+>))<+8'*>$4+'='%*+7%(8%*+(7)+64&)*>6
— W7%(&8+(84+%=*%(%)*+)*B
G2T+>4'&(%@'(4+(84+%*(4<%)<+:)*%()<%*=+'*>+()7%*=+H<)(4&(%)*+;"*&(%)*6+UM+D*(4<%)<+:)*%()<%*=
— G2T
'*>+()7%*=+H<)(4&(%)*L+-46&<%H(%)*V B

-4H4*>%*=+)*+@48%&$4+4I"%H:4*(L+(84+%*(4<%)<+:)*%()<%*=+'*>+()7%*=+H<)(4&(%)*+;"*&(%)*6+&'*+#4
(4:H)<'<%$9+>4'&(%@'(4>+%*+(84+</:$2,/1*/&&$(%*
</:$2,/1*/&&$(%*+:4*"+%*+(84+D*;)('%*:4*(+696(4:+#4;)<4+$)&J,
%*=+(84+@48%&$4+UM+D*(4<%)<+:)*%()<%*=+'*>+()7%*=+H<)(4&(%)*L+-46&<%H(%)*V B
384+%*6(<":4*(+&$"6(4<+>%6H$'9+:'9+%*>%&'(4+'*+'&(%@4+W.R1bGESB
D;+(84+W.R1+$)&J+%6+>4'&(%@'(4>L+(84*T
— 384+@48%&$4+&'*+#4+"*$)&J4>+'*>+)H4*4>+;<):+(84+%*6%>4+"6%*=+(84+>))<+8'*>$4B
— 384+'*(%,(84;(+'$'<:+696(4:+%6+'&(%@4+UM+.*(%,(84;(+'$'<:+696(4:L+-46&<%H(%)*V B
— 384+%*(4<%)<+:)*%()<%*=+'*>+()7%*=+H<)(4&(%)*+;"*&(%)*6+'<4+>4'&(%@'(4>+UM+D*(4<%)<+:)*%()<,
%*=+'*>+()7%*=+H<)(4&(%)*L+-46&<%H(%)*V B

C.2/D/0
E'<4$466+)<+"*%*(4*>4>+"64+);+(84+W.R1+$)&J+&'*+&'"64+64<%)"6+%*A"<%46B
● /4@4<+$4'@4+'*9+%*>%@%>"'$6+%*+(84+@48%&$4+784*+(84+@48%&$4+%6+$)&J4>+"6%*=+(84+@48%&$4+J49B
384+>))<6+&'*+*)+$)*=4<+#4+)H4*4>+;<):+(84+%*6%>4+784*+W.R1+$)&J+%6+'&(%@'(4>B
F*$)&J%*=+(84+><%@4<c6+>))<+:4&8'*%&'$$9+"6%*=+(84+@48%&$4+J49+7%$$+)*$9+"*$)&J+(8'(+>))<L
'*>+*)(+(84+4*(%<4+@48%&$4B+G*&4+(84+%=*%(%)*+%6+67%(&84>+)*L+'$$+>))<6+7%$$+#4+<4$4'64>+#"(
*)(+"*$)&J4>L+'*>+(84+&4*(<'$+$)&J%*=+#"(()*+7%$$+#4+'&(%@'(4>B

K%2+4,$'/22.5#6

G3(./$(5#C59*.2%(,56/.(C2$'(#2.(.+%#(233
384+<4>+b1-+%*+(84+@48%&$4+>))<+;$'6846+#<%4;$9+'*>+(84*+6('96+)*B
384<4+%6+'+:'$;"*&(%)*+%*+(84+$)&J%*=+696(4:B

— 04(+H<);466%)*'$+'66%6('*&4B+X)$J67'=4*+<4&)::4*>6+&)*('&(%*=+'*+'"(8)<%?4>+X)$J67'=4*
>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B

G3(./$(.+%#('56#*,'(*%$(#2.(3,*'/5#6
D;+(84+("<*+6%=*'$6+'<4+*)( +;$'68%*=+'6+&)*;%<:'(%)*+784*+$)&J%*=+(84+@48%&$4T
— .(+$4'6(+)*4+);+(84+>))<6+)<+(84+(<"*J+$%>+%6+*)(+&$)64>B

G3(./$(8$/59,$(5'(,2905#6(*+.2>*.59*,,1
384+@48%&$4+7%$$+$)&J+'='%*+'"():'(%&'$$9+';(4<+'HH<)5%:'(4$9+Z\+64&)*>6+%;+)*4+);+(84+;)$$)7%*=
&)*>%(%)*6+'HH$9T
— 384+@48%&$4+7'6+"*$)&J4>L+#"(+*)(+)H4*4>
— 384+%=*%(%)*+7'6+*)(+67%(&84>+)*
— 384+(<"*J+$%>+7'6+*)(+)H4*4>B
— 384+@48%&$4+7'6+"*$)&J4>+"6%*=+(84+$)&J+&9$%*>4<
— 384+@48%&$4+7'6+$)&J4>+"6%*=+(84+&4*(<'$+$)&J%*=+#"(()*+%*+(84+@48%&$4+%*(4<%)<

U2905#6("5./(*('$92#C(8$/59,$(0$1
S49$466+.&&466T +(84+J49+%*6%>4+(84+@48%&$4+7%$$+#4+#$)&J4>+;<):+6('<(%*=+(84+4*=%*4+%;+(84+@48%&$4
%6+$)&J4>+;<):+(84+)"(6%>4+7%(8+'+>%;;4<4*(+@48%&$4+J49B+!<466+(84+ +#"(()*+)*+(84+@48%&$4+J49
(8'(+%6+%*6%>4+(84+@48%&$4+()+4*'#$4+%(+6)+(8'(+%(+&'*+#4+"64>+()+6('<(+(84+4*=%*4+UM+W('<(%*=+(84+4*,
=%*4L+GH4<'(%)*V B

U2905#6(./$(8$/59,$(*3.$%(*#(*5%4*6(C$=,21'
384+4*(%<4+@48%&$4+"*$)&J6+784*+'*+'%<#'=+>4H$)96+%*+'+&)$$%6%)*B+-4H4*>%*=+)*+(84+64@4<%(9+);+(84
>':'=4L+%(+:'9+#4+H)66%#$4+()+$)&J+(84+@48%&$4+'6+;)$$)76+';(4<+(84+&)$$%6%)*T
— W7%(&8+(84+%=*%(%)*+);;B
— GH4*+(84+><%@4<+>))<+'*>+68"(+%(+'='%*B
— b)&J+(84+@48%&$4B
D(+:'9+*)(+#4+H)66%#$4+()+"*$)&J+)<+$)&J+(84+@48%&$4+"6%*=+S49$466+.&&466+%;+(84+NQ+X+@48%,
&$4+#'((4<9+)<+#"(()*+&4$$+#'((4<9+%*+(84+@48%&$4+%6+74'J+)<+><'%*4>B+384+@48%&$4+&'*+#4
:'*"'$$9+"*$)&J4>+)<+$)&J4>+UM+-))<6L+D*(<)>"&(%)*Y=4*4<'$+%*;)<:'(%)*V B

D;+(84<4+%6+*)+@'$%>+@48%&$4+J49+%*+(84+@48%&$4+)<+)*4+%6+*)(+>4(4&(4>L+'+:466'=4+7%$$+'HH4'<
%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9B+38%6+&'*+)&&"<+%;+'*)(84<+6%=*'$+%*(4<;4<46+7%(8+(84+@4,
8%&$4+J49+)<+%;+(84+@48%&$4+J49+%6+&)@4<4>+#9+'*+)#A4&(L+6"&8+'6+'*+'$":%*":+&'64+UM+1*,
=%*4+6('<(L+-46&<%H(%)*V B

:#.5M./$3.(*,*%>('1'.$>

384+@48%&$4+:'9+#4+4I"%HH4>+7%(8+'*+'*(%,(84;(+'$'<:+696(4:B

384+'*(%,(84;(+'$'<:+696(4:+:)*%()<6+(84+>))<6L+(84+8))>+'*>+(84+(<"*J+$%>B
384+'*(%,(84;(+'$'<:+696(4:+%6+'"():'(%&'$$9+'&(%@'(4>+784*+9)"+$)&J+(84+@48%&$4+"6%*=+(84+@48%&$4
J49B

D;+'*+'((4:H(+%6+:'>4+()+'&&466+(84+@48%&$4+7%(8)"(+"6%*=+(84+'HH<)H<%'(4+@48%&$4+J49L+(8%6+64(6+);;
(84+'*(%,(84;(+'$'<:+696(4:L+78%&8+4:%(6+'">%#$4+'*>+@%6"'$+7'<*%*=+6%=*'$6+;)<+"H+()+\+:%*"(46B

-/$#(5'(./$(*,*%>(.%566$%$CT
— D;+'+>))<+(8'(+7'6+"*$)&J4>+:'*"'$$9+"6%*=+(84+@48%&$4+J49+%6+)H4*4>B
— D;+(84+8))>+%6+)H4*4>B
— D;+(84+(<"*J+$%>+%6+)H4*4>B
— D;+(84+%=*%(%)*+%6+67%(&84>+)*+"6%*=+'*+%*@'$%>+@48%&$4+J49B
— D;+(84+@48%&$4+%6+4I"%HH4>+7%(8+'*+%*(4<%)<+:)*%()<%*=+696(4:+'*>+:)@4:4*(+%6+>4(4&(4>+%*6%>4+(84
@48%&$4+UM+D*(4<%)<+:)*%()<%*=+'*>+()7%*=+H<)(4&(%)*L+-46&<%H(%)*V B
— D;+(84+@48%&$4+%6+4I"%HH4>+7%(8+()7%*=+H<)(4&(%)*+'*>+%(+%6+<'%64>+)<+()74>+UM+D*(4<%)<+:)*%()<%*=
'*>+()7%*=+H<)(4&(%)*L+-46&<%H(%)*V B
— D;+(84+@48%&$4+%6+4I"%HH4>+7%(8+()7%*=+H<)(4&(%)*+)<+'*+%*(4<%)<+:)*%()<%*=+696(4:L+'*>+%(+%6+(<'*6,
H)<(4>+)*+'+&'<+;4<<9+)<+<'%$7'9+UM+D*(4<%)<+:)*%()<%*=+'*>+()7%*=+H<)(4&(%)*L+-46&<%H(%)*V B

F"5.9/5#6(233(./$(*,*%>
— F*$)&J+(84+@48%&$4+"6%*=+(84+ +"*$)&J+#"(()*+)*+(84+@48%&$4+J49B
— +0<'6H+(84+>))<+8'*>$4+UM+S49$466+.&&466L+-46&<%H(%)*V B

384+'*(%,(84;(+'$'<:+696(4:+7%$$+*)(+;"*&(%)*+&)<<4&($9+%;+(84+NQ+X+@48%&$4+#'((4<9+%6+74'J+)<
><'%*4>B

-%6&)**4&(%*=+(84+NQ,@)$(+@48%&$4+#'((4<9+:'9+64(+);;+(84+'*(%,(84;(+'$'<:+696(4:B

D;+9)"+8'@4+%*(4=<'(4>+'+(<'%$4<+%*()+(84+'*(%,(84;(+'$'<:+696(4:L+#<4'J%*=+(84+&)**4&(%)*+()
(84+(<'%$4<+:'9+64(+);;+(84+'*(%,(84;(+'$'<:+696(4:+UM+3<'%$4<+()7%*=L+-46&<%H(%)*V B
G#.$%52%(>2#5.2%5#6(*#C(.2"5#6(=%2.$9.52#

R%=B+
R%=B+NN+ D*+(84+<));+&)*6)$4T+%*(4<%)<+:)*%()<%*=+64*6)<6+U'<<)76VB

D;+:)@4:4*(+%6+>4(4&(4>+7%(8%*+(84+@48%&$4+%*(4<%)<+78%$4+(84+@48%&$4+%6+$)&J4>L+(84+%*(4<%)<+:)*%()<,
%*=+'$'<:+7%$$+#4+(<%==4<4>+M+;%=B+N B
D;+(84+696(4:+>4(4&(6+(8'(+(84+@48%&$4+%6+#4%*=+<'%64>L+(84+()7%*=+H<)(4&(%)*+'$'<:+7%$$+#4+(<%==4<4>B

:9.58*.5#6(5#.$%52%(>2#5.2%5#6(*#C(.2"5#6(=%2.$9.52#
b)&J+(84+@48%&$4B+384+%*(4<%)<+:)*%()<%*=+'*>+()7%*=+H<)(4&(%)*+'<4+'&(%@'(4>+784*+(84+'*(%,(84;(
'$'<:+696(4:+%6+'&(%@'(4>B

-4H4*>%*=+)*+9)"<+@48%&$4d6+4I"%H:4*(L+"6%*=+'+6&<44*+64H'<'()<+:'9+8'@4+'*+'>@4<64+';;4&(+)*+(84
;"*&(%)*+);+(84+%*(4<%)<+:)*%()<%*=B

A$*9.58*.5#6(5#.$%52%(>2#5.2%5#6(*#C(.2"5#6(=%2.$9.52#(.$>=2%*%5,1
384+%*(4<%)<+:)*%()<%*=+'*>+()7%*=+H<)(4&(%)*+;"*&(%)*6+&'*+#4+(4:H)<'<%$9+>4'&(%@'(4>+%*+(84+D*;),
5+/(1"(312,'*/+6"#:4*"+UM+X48%&$4+64((%*=6+:4*"L+GH4<'(%)*V B+384+%*(4<%,
('%*:4*(+696(4:+%*+(84+5+/(1"(312,'*/
)<+:)*%()<%*=+'*>+()7%*=+H<)(4&(%)*+;"*&(%)*6+<4:'%*+>4'&(%@'(4>+"*(%$+(84+*45(+(%:4+(84+@48%&$4+%6
$)&J4>B

3)+<4>"&4+(84+<%6J+);+;'$64+'$'<:6L+>4'&(%@'(4+(84+%*(4<%)<+:)*%()<%*=+'*>+()7%*=+H<)(4&(%)*+;"*&(%)*6
%*+(84+;)$$)7%*=+6%("'(%)*6T
— D;+H4)H$4+)<+'*%:'$6+'<4+6('9%*=+%*+(84+@48%&$4B
— D;+(84+@48%&$4+%6+#4%*=+68%HH4>L+(<'*6H)<(4>L+)<+()74>B
— D;+(84+@48%&$4+%6+%*+'+&'<+7'68+)<+H'<J4>+%*+'+>)"#$4+H$'(;)<:+='<'=4B
@5'0'(32%(3*,'$(*,*%>'(3%2>(./$(5#.$%52%(>2#5.2%5#6(3+#9.52#
384+%*(4<%)<+:)*%()<%*=+;"*&(%)*+7%$$+)*$9+;"*&(%)*+&)<<4&($9+784*+(84+@48%&$4+%6+&):H$4(4$9+&$)64>B
G#64<@4+$4='$+<4="$'(%)*6B+.+;'$64+'$'<:+&'*+)&&"<+%*+(84+;)$$)7%*=+6%("'(%)*6T
— D;+)*4+)<+:)<4+7%*>)76+'<4+&):H$4(4$9+)<+H'<(%'$$9+)H4*B
— D;+(84+(%$(%*=+'*>+6$%>%*=+H'*)<':%&+6"*<));+%6+&):H$4(4$9+)<+H'<(%'$$9+)H4*B
— D;+)#A4&(6+(8'(+:)@4+4'6%$9+<4:'%*+%*+(84+@48%&$4L+6"&8+'6+H%4&46+);+H'H4<+)<+:%<<)<+('=6B
— D;+(84+@%#<'(%)*+'$'<:+)*+'+&4$$+H8)*4+%6+67%(&84>+)*B

D(+%6+*)(+H)66%#$4+()+>4'&(%@'(4+(84+%*(4<%)<+:)*%()<%*=+'*>+(84+()7%*=+H<)(4&(%)*+;"*&(%)*6
H4<:'*4*($9B

D;+(84+>))<6+)<+(<"*J+$%>+'<4+6(%$$+)H4*+784*+'&(%@'(%*=+(84+'*(%,(84;(+'$'<:+696(4:L+)*$9+(84
'*(%,(84;(+'$'<:+696(4:+7%$$+#4+'&(%@'(4>B+384+%*(4<%)<+:)*%()<%*=+'*>+()7%*=+H<)(4&(%)*
;"*&(%)*6+7%$$+)*$9+#4+'&(%@'(4>+';(4<+(84+>))<6+'*>+(<"*J+$%>+'<4+&$)64>B

D;+(84+%*(4<%)<+:)*%()<%*=+'*>+()7%*=+H<)(4&(%)*+;"*&(%)*6+'<4+67%(&84>+);;L+(84+W.R1+$)&J
7%$$+'$6)+#4+>4'&(%@'(4>+UM+W.R1bGESL+-46&<%H(%)*V B

K%+#0(,5C

G#.%2C+9.52#

384+(<"*J+$%>+%6+"*$)&J4>+'*>+$)&J4>+()=4(84<+7%(8+(84+>))<6B

G*+@48%&$46+7%(8+S49$466+.&&466L+(84+(<"*J+$%>+%6+'"():'(%&'$$9+"*$)&J4>+784*+)H4*%*=+UM+S49$466
.&&466L+-46&<%H(%)*V B

C.2/D/0
F*&)*(<)$$4>+)<+"*%*(4*(%)*'$+<4$4'64T+)H4*%*=+'*>+&$)6%*=+(84+(<"*J+$%>+&'*+&'"64+'&&%>4*(6
'*>+64<%)"6+%*A"<%46B
● -)+*)(+)H4*+)<+&$)64+(84+(<"*J+$%>+%;+'*9)*4+%6+%*+(84+7'9B
● .;(4<+&$)6%*=+(84+(<"*J+$%>L+&84&J+%;+%(+8'6+&$)64>+&)<<4&($9B+C84*+&$)64>L+(84+(<"*J+$%>+:"6(
#4+;$"68+7%(8+(84+'<4'6+);+(84+@48%&$4+#)>9+(8'(+'<4+'<)"*>+(84+>))<B
● .$7'96+J44H+(84+(<"*J+$%>+&$)64>+78%$4+><%@%*=B
● /4@4<+)H4*+(84+(<"*J+$%>+784*+&'<=)+%6+64&"<4>+)*+%(L+6"&8+'6+#%&9&$46B+.>>%(%)*'$+74%=8(+&'*
&'"64+(84+(<"*J+$%>+()+#4=%*+&$)6%*=+#9+%(64$;B+D;+*4&466'<9L+6"HH)<(+(84+(<"*J+$%>+)<+<4:)@4
(84+74%=8(+#4;)<48'*>B
● E$)64+'*>+$)&J+(84+(<"*J+$%>+'*>+'$$+>))<6+784*+(84+@48%&$4+%6+*)(+%*+"64B+a'J4+6"<4+(8'(+*)
)*4+<4:'%*6+%*+(84+@48%&$4B
● /4@4<+$4(+&8%$><4*+H$'9+%*+)<+)*+(84+@48%&$4+"*'((4*>4>L+46H4&%'$$9+784*+(84+(<"*J+$%>+%6+)H4*B
E8%$><4*+&)"$>+4*(4<+(84+(<"*JL+&$)64+(84+$%>L+'*>+(84*+$)&J+(84:64$@46+%*B+-4H4*>%*=+)*+(84
64'6)*L+(84+(4:H4<'("<4+%*6%>4+(84+@48%&$4+&)"$>+#4&):4+@4<9+8%=8+)<+$)7L+78%&8+&'*+$4'>+()
64<%)"6+%*A"<%46L+%$$*466+)<+>4'(8L+46H4&%'$$9+;)<+@4<9+9)"*=+&8%$><4*B
C.2/D/0
F*$)&J%*=+)<+)H4*%*=+(84+(<"*J+$%>+%*&)<<4&($9+)<+&'<4$466$9+:'9+$4'>+()+64<%)"6+%*A"<%46B
● 384+@48%&$4+:'9+*)(+'$7'96+>4(4&(+784*+(84+(<"*J+$%>+%6+*)(+$'(&84>+%;+'+&'<=)+<'&J+(8'(+%6
&'<<9%*=+&'<=)+%6+:)"*(4>+)*+(84+(<"*J+$%>B+D;+(84+(<"*J+$%>+%6+*)(+$'(&84>L+%(+:'9+)H4*+6">,
>4*$9+78%$4+><%@%*=B

C.2/D/0
D;+(84<4+%6+'+84'@9+$)'>+);+6*)7+)<+&'<=)+)*+(84+(<"*J+$%>L+(84+'>>%(%)*'$+74%=8(+:'9+&'"64+(84
$%>+()+$)74<L+78%&8+&'*+<46"$(+%*+64<%)"6+%*A"<%46B
● /4@4<+)H4*+(84+(<"*J+$%>+%;+(84<4+%6+'+84'@9+$)'>+);+6*)7+)<+&'<=)+6"&8+'6+'+&'<=)+<'&J+)*+%(B
● 24:)@4+(84+6*)7+)<+&'<=)+#4;)<4+)H4*%*=+(84+(<"*J+$%>B

C.2/D/0
-)+*)(+H<466+)*+(84+<4'<+7%*>)7+);+(84+(<"*J+$%>+7%(8+9)"<+8'*>B+384+<4'<+7%*>)7+&)"$>+&<'&JL
78%&8+&'*+<46"$(+%*+%*A"<%46B

/G3DE1
/4@4<+'(('&8+)<+64&"<4+&'<=)+)*+(84+)H4*%*=+:4&8'*%6:6B+38%6+&)"$>+&'"64+>':'=4+(8'(+&)"$>
H<4@4*(+(84+(<"*J+$%>+;<):+&$)6%*=B

/G3DE1
/4@4<+"64+(84+<4'<+7%*>)7+7%H4<+)<+<4'<+6H)%$4<+()+'(('&8+)<+64&"<4+&'<=)B+38%6+&)"$>+&'"64
>':'=4+(8'(+:'9+<46"$(+%*+(84+<4'<+7%*>)7+7%H4<+)<+<4'<+6H)%$4<+>4('&8%*=+;<):+(84+@48%&$4B

!=$#5#6(*#C(9,2'5#6(./$(.%+#0(,5C

R%=B+
R%=B+NN+ GH4*4>+(<"*J+$%>T+24&4664>+=<%H6+;)<+H"$$%*=+(84+$%>+68"(B
!=$#5#6(./$(.%+#0(,5C
— 3)+"*$)&J+(84+(<"*J+$%>L+H<466+(84+ +)<+ +#"(()*+)*+(84+@48%&$4+J49B
— !<466+)*+(84+()H+);+(84+X)$J67'=4*+4:#$4:+'*>+<'%64+(84+(<"*J+$%>B

E,2'5#6(./$(.%+#0(,5C
— !"$$+(84+(<"*J+$%>+>)7*7'<>+;%<:$9+"6%*=+(84+<4&4664>+=<%H+%*+(84+%*(4<%)<+(<%:+M+;%=B+N +"*(%$+%(
$'(&846+68"(+M+ B

384+(<"*J+$%>+7%$$+'$6)+$)&J+784*+(84+>))<6+'<4+$)&J4>B

.*+%:'=4+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9+%*>%&'(46+%;+(84+(<"*J+$%>+8'6+*)(+)H4*4>+)<+&$)64>
&)<<4&($9B
384+(<"*J+$%>+$)&J6+'"():'(%&'$$9+78%$4+><%@%*=B

C.2/D/0
E$)6%*=+(84+(<"*J+$%>+%*&)<<4&($9+)<+&'<4$466$9+:'9+$4'>+()+64<%)"6+%*A"<%46B
● C84*+&$)6%*=+(84+(<"*J+$%>L+:'J4+6"<4+9)"<+8'*>6+'<4+*)(+7%(8%*+(84+&$)6%*=+<'*=4+);+(84+$%>B

D;+(84+(<"*J+$%>+%6+*)(+)H4*4>+7%(8%*+64@4<'$+:%*"(46+';(4<+"*$)&J%*=L+%(+7%$$+$)&J+'='%*
'"():'(%&'$$9B

)$9/*#59*,,1(+#,2905#6(./$(.%+#0(,5C(+'5#6(./$($>$%6$#91
%$,$*'$
R%=B+
R%=B+NN+ D*+(84+$"=='=4+&):H'<(:4*(T+W4<@%&4+)H4*%*=+%*+(84+(<"*J+$%>B

)$9/*#59*,,1(+#,2905#6(./$(.%+#0(,5C(+'5#6(./$($>$%6$#91(%$,$*'$
— D*64<(+'+6"%('#$4+)#A4&(+%*()+(84+64<@%&4+)H4*%*=+%*+(84+(<"*J+$%>+M+;%=B+N +'*>+H"68+(84+<4$4'64
$4@4<+%*+(84+>%<4&(%)*+);+(84+'<<)7B

K%2+4,$'/22.5#6

G3(./$(.%+#0(,5C("5,,(#2.(2=$#(2%(9,2'$
— E84&J+%;+(84+(<"*J+$%>+%6+#4%*=+#$)&J4>+#9+'*+)#A4&(B+384+(<"*J+$%>+&'*+#4+:)@4>+#9+8'*>B+D(+%6
*4&466'<9+()+"64+:)<4+;)<&4+784*+>)%*=+(8%6B

G3(*,,(.+%#('56#*,'(3,*'/(32+%(.5>$'
384+@48%&$4+J49+(8'(+7'6+$'6(+"64>+%6+6(%$$+%*+(84+@48%&$4B
— 24:)@4+(84+J49+'*>+$)&J+(84+@48%&$4B

G3(./$(.%+#0(,5C(5'(C53359+,.(.2(>28$
384+:4&8'*%6:+;)<+)H4*%*=+(84+(<"*J+$%>+:'9+*)(+'$7'96+7)<J+'"():'(%&'$$9+784*+(84+)"(6%>4
(4:H4<'("<46+'<4+'<)"*>+(84+;<44?%*=+H)%*(B
— 0"%>4+(84+(<"*J+$%>+;'<(84<+"H7'<>+#9+8'*>B
-5#C2"'

!=$#5#6(*#C(9,2'5#6(./$("5#C2"'

384+67%(&846+'<4+$)&'(4>+%*+(84+>))<6B

GH4*%*=+(84+7%*>)7T+H<466+(84+67%(&8B+E$)6%*=+(84+7%*>)7T+H"$$+(84+67%(&8B

!<466+()+>%6'#$4+(84+H)74<+7%*>)7+67%(&846+%*+(84+<4'<+>))<6B

384+7%*>)76+&'*+6(%$$+#4+)H4*4>+)<+&$)64>+"6%*=+(84+67%(&846+%*+(84+>))<6+;)<+'+#<%4;+H4<%)>+';(4<
(84+%=*%(%)*+8'6+#44*+67%(&84>+);;L+'6+$)*=+'6+(84+><%@4<c6+)<+;<)*(+H'664*=4<c6+>))<+%6+*)(
)H4*4>B

!#$M.2+9/(+=]C2"#(3$*.+%$
384+)*4,()"&8+"HY>)7*+;4'("<4+'$$)76+(84+7%*>)76+()+#4+&):H$4(4$9+)H4*4>+)<+&$)64>B+3)+"64
(8%6+;4'("<4L+>)+*)(+8)$>+(84+7%*>)7+67%(&8+"H+)<+>)7*B
."():'(%&+&$)6%*=T +H"$$+(84+7%*>)7+67%(&8+"H7'<>+#<%4;$9+()+(84+64&)*>+$4@4$B
."():'(%&+)H4*%*=T +H<466+(84+7%*>)7+67%(&8+>)7*7'<>+#<%4;$9+()+(84+64&)*>+$4@4$B
W()HH%*=+(84+'"():'(%&+&$)6%*=Y)H4*%*=T +H"$$+)<+H<466+(84+67%(&8+;)<+(8'(+7%*>)7+'='%*B

E2#8$#5$#9$(2=$#5#6(*#C(9,2'5#6
384+7%*>)76+&'*+#4+)H4*4>+'*>+&$)64>+;<):+)"(6%>4+(84+@48%&$4+"6%*=+(84+@48%&$4+J49+784*+(84
%=*%(%)*+%6+67%(&84>+);;B
— !<466+'*>+8)$>+(84+"*$)&J+)<+$)&J+#"(()*+)*+(84+@48%&$4+J49B
— G*+@48%&$46+7%(8+S49$466+.&&466+7%(8+H"68,#"(()*+6('<(T +8)$>+9)"<+;%*=4<+)*+(84+"*$)&J+64*6)<
%*+(84+>))<+8'*>$4+;)<+64@4<'$+64&)*>6+"*(%$+(84+7%*>)76+'<4+&$)64>+UM+S49$466+.&&466L+-4,
6&<%H(%)*V B+384+@48%&$4+J49+:"6(+#4+*4'<#9+()+"64+(8%6+;4'("<4B
— 3)+6()H+(84+;"*&(%)*L+<4$4'64+(84+"*$)&J+)<+$)&J+#"(()*L+G2
G2+<4:)@4+9)"<+;%*=4<+;<):+(84
64*6)<B

​W'$))*T+.+@'$%>+@48%&$4+J49+:"6(+#4+$)&'(4>+*4'<#9+()+"64+(8%6+;4'("<4B+C84*+'$$+);+(84+7%*>)76
'*>+(84+H)74<+6"*<));+'<4+&$)64>L+(84+("<*+6%=*'$6+7%$$+;$'68+)*&4 +'6+'+&)*;%<:'(%)*B
​X'<%'*(T+.+@'$%>+@48%&$4+J49+:"6(+#4+$)&'(4>+*4'<#9+()+"64+(8%6+;4'("<4B+C84*+'$$+);+(84+7%*>)76
'<4+&$)64>L+(84+("<*+6%=*'$6+7%$$+;$'68+)*&4 +'6+'+&)*;%<:'(%)*B
n)"+&'*+64$4&(+(84+&)*@4*%4*&4+)H4*%*=+64((%*=6+%*+(84+</:$2,/1*/&&$(%*
</:$2,/1*/&&$(%*+:4*"+%*+(84+D*;)('%*,
:4*(+696(4:B
C.2/D/0
E'<4$466+)<+"*%*(4*>4>+"64+);+(84+H)74<+7%*>)76+&'*+&'"64+64<%)"6+%*A"<%46B
● -)+*)(+)H4*+)<+&$)64+(84+H)74<+7%*>)76+%;+'*9)*4+%6+%*+(84+7'9B
● /4@4<+$4'@4+&8%$><4*+)<+H4)H$4+<4I"%<%*=+'66%6('*&4+"*'((4*>4>+%*+(84+@48%&$4+784*+(84+@48%,
&$4+%6+$)&J4>B+384+7%*>)76+&'**)(+)H4*+%*+'*+4:4<=4*&9+6%("'(%)*B
● .$7'96+('J4+'$$+@48%&$4+J496+7%(8+9)"+784*+$4'@%*=+(84+@48%&$4B+384+7%*>)76+&'*+6(%$$+#4
)H4*4>+)<+&$)64>+"6%*=+(84+67%(&846+%*+(84+>))<6+;)<+'+#<%4;+H4<%)>+';(4<+(84+%=*%(%)*+8'6
#44*+67%(&84>+);;L+'6+$)*=+'6+(84+><%@4<c6+)<+;<)*(+H'664*=4<c6+>))<+%6+*)(+)H4*4>B
● C84*+><%@%*=+7%(8+&8%$><4*+64'(4>+)*+(84+<4'<+#4*&8+64'(L+'$7'96+>%6'#$4+(84+<4'<+H)74<
7%*>)76+#9+H<466%*=+(84+&8%$>+6';4(9+$)&J+#"(()*+6)+(8'(+(84+7%*>)76+&'**)(+#4+)H4*4>+)<
&$)64>B

/G3DE1
D;+(84+7%*>)76+'<4+)H4*L+<'%*+&)"$>+4*(4<+(84+@48%&$4+'*>+6)'J+(84+%*(4<%)<L+&'"6%*=+@48%&$4
>':'=4B

D;+(84+H)74<+7%*>)76+'<4+:'$;"*&(%)*%*=L+(84+)*4,()"&8+"HY>)7*+;4'("<4+'*>+(84+H%*&8
H<)(4&(%)*+:'9+*)(+;"*&(%)*+&)<<4&($9B+04(+H<);466%)*'$+'66%6('*&4B

E)*@4*%4*&4+)H4*%*=+'*>+&$)6%*=+)*$9+;"*&(%)*6+%;+(84+)*4,()"&8+"HY>)7*+;"*&(%)*+%6
'&(%@'(4>+;)<+'$$+(84+H)74<+7%*>)76B

W):4+64((%*=6+&'*+#4+6'@4>+%*+(84+><%@4<+H4<6)*'$%?'(%)*+"64<+H<);%$46+'*>+(84<4;)<4
&8'*=4+'"():'(%&'$$9+784*+(84+"64<+H<);%$4+%6+67%(&84>B

O2"$%("5#C2"(=5#9/(=%2.$9.52#

384+H)74<+7%*>)7+H%*&8+H<)(4&(%)*+&'*+<4>"&4+(84+<%6J+);+#4%*=+H%*&84>+'*>+%*A"<4>+784*+(84
7%*>)76+'<4+&$)6%*=B
D;+(84+7%*>)7+&'**)(+&$)64+>"4+()+<46%6('*&4+)<+'*+)#6('&$4L+(84*+(84+7%*>)7+7%$$+<4)H4*+%::4,
>%'(4$9+M+ B
— E84&J+789+(84+7%*>)7+>%>+*)(+&$)64B
— 3<9+'='%*+()+&$)64+(84+7%*>)7B
— D;+(84+7%*>)7+7%$$+*)(+&$)64+'='%*L+(84*+(84+H%*&8+H<)(4&(%)*+7%$$+#4+>%6'#$4>+;)<+64@4<'$
64&)*>6B
— D;+(84+7%*>)7+6(%$$+&'**)(+&$)64L+(84*+(84+7%*>)7+7%$$+6()H+'(+(84+H$'&4+784<4+%(+:44(6+<46%6,
('*&4B+D;+9)"+H<466+(84+67%(&8+'='%*+7%(8%*+64@4<'$+64&)*>6L+(84+7%*>)7+7%$$+&$)64+7%(8)"(
H%*&8+H<)(4&(%)*+M+
H%*&8+H<)(4&(%)* B

E,2'5#6("5#C2"'("5./2+.(=5#9/(=%2.$9.52#
— 3<9+()+&$)64+(84+7%*>)76+'='%*+7%(8%*+'+;47+64&)*>6+#9+8)$>%*=+(84+67%(&8B+38%6+7%$$+>%6'#$4
38%6+7%$$+>%6'#$4
(84+H%*&8+H<)(4&(%)*B
— D;+(84+&$)6%*=+H<)&466+('J46+$)*=4<+(8'*+64@4<'$+64&)*>6L+(84*+H%*&8+H<)(4&(%)*+7%$$+#4+4*'#$4>
'='%*B+D;+(84<4+%6+<46%6('*&4+()+(84+7%*>)7+:)@%*=+)<+'*+)#6('&$4+%6+#$)&J%*=+(84+7%*>)7L+(84*
(84+7%*>)7+7%$$+<4)H4*+'"():'(%&'$$9B
— D;+(84+7%*>)7+6(%$$+&'**)(+&$)64L+(84*+&)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>
X)$J67'=4*+W4<@%&4+R'&%$%(9B

C.2/D/0
E$)6%*=+(84+7%*>)7+784*+H%*&8+H<)(4&(%)*+%6+>%6'#$4>+&'*+<46"$(+%*+64<%)"6+%*A"<%46B
● .$7'96+#4+&'<4;"$+784*+&$)6%*=+(84+7%*>)76B
● /4@4<+'$$)7+'*9)*4+()+#4+%*+(84+7%*>)7+)H4<'(%*=+'<4'L+46H4&%'$$9+%;+'+7%*>)7+%6+&$)6%*=
784*+H%*&8+H<)(4&(%)*+%6+>%6'#$4>B
● 384+H%*&8+H<)(4&(%)*+>)46+*)(+H<4@4*(+;%*=4<6+)<+)(84<+H'<(6+);+(84+#)>9+;<):+#4&):%*=+%*,
A"<4>+#9+#4%*=+H<4664>+'='%*6(+(84+7%*>)7+;<':4B

!%*&8+H<)(4&(%)*+'$6)+)&&"<6+784*+"6%*=+(84+&)*@4*%4*&4+&$)6%*=+;"*&(%)*+7%(8+(84+@48%,
&$4+J49B

K%2+4,$'/22.5#6

!#$M.2+9/(+=]C2"#(3$*.+%$
D;+(84+NQ+X+@48%&$4+#'((4<9+%6+>%6&)**4&(4>+)<+><'%*4>+784*+(84+7%*>)76+'<4+*)(+&):H$4(4$9
&$)64>L+(84*+(84+)*4,()"&8+"HY>)7*+;4'("<4+7%$$+*)(+7)<JB+D(+:"6(+#4+<4H<)=<'::4>+"6%*=+(84
;)$$)7%*=+6(4H6T
— W7%(&8+(84+%=*%(%)*+)*B
— E$)64+'$$+7%*>)76+'*>+>))<6B
— !"$$+(84+67%(&8+;)<+(84+>46%<4>+7%*>)7+'*>+8)$>+%(+%*+(8'(+H)6%(%)*+;)<+64@4<'$+64&)*>6B
— 24$4'64+(84+67%(&8L+(84*+H"$$+%(+"H7'<>+'='%*+'*>+8)$>+%(B+384+)*4,()"&8+"H+'*>+>)7*+;4'("<46
7%$$+(84*+#4+;"$$9+;"*&(%)*'$B

384+'"():'(%&+H)74<+7%*>)76+&'*+#4+<4H<)=<'::4>+%*>%@%>"'$$9L+)<+:"$(%H$4+7%*>)76+&'*+#4
<4H<)=<'::4>+'(+(84+6':4+(%:4B

F+#%223

!=$#5#6(2%(9,2'5#6(./$('+#%223
R%=B+
R%=B+NN+ D*+(84+84'>$%*4<T+R"*&(%)*+J49+;)<+(84+(%$(%*=+'*>+6$%>%*=+H'*)<':%&+6"*<));B

384+(4<:+g6"*<));h+%6+"64>+'6+'+69*)*9:+;)<+(84+H'*)<':%&+6$%>%*=Y(%$(%*=+6"*<));B
384+ +;"*&(%)*+J49+&'*+#4+)H4<'(4>+%*+(7)+7'96T+W7%H%*=+'*>+H<466%*=B

W7%H4T
W7%H4T+R"$$9+)<+H'<(%'$$9+)H4*+'*>+&$)64+(84+<));B
!<466T
!<466T+R"$$9+)<+H'<(%'$$9+(%$(L+)H4*+)<+&$)64+(84+<));B+n)"+&'*+6()H+(84+'"():'(%&+H<)&466+#9+H<466,
%*=+(84+;"*&(%)*+J49+'='%*B

3%$(%*=L+)H4*%*=L+'*>+&$)6%*=+(84+6"*<));
3)+)H4*+(84+(%$(%*=+'*>+6$%>%*=+H'*)<':%&+6"*<));T

— +."():'(%&+H<)&466T+W7%H4+#'&J+)*+(84+;"*&(%)*+J49+ +M+;%=B+N + . B
a'*"'$+H<)&466T+W7%H4+#'&J+)*+(84+;"*&(%)*+J49+ +'*>+8)$>B

3)+&$)64+(84+(%$(%*=+'*>+6$%>%*=+H'*)<':%&+6"*<));T

— +."():'(%&+H<)&466T+W7%H4+;)<7'<>6+)*+(84+;"*&(%)*+J49+ +M+;%=B+N + . B
a'*"'$+H<)&466T+W7%H4+;)<7'<>6+)*+(84+;"*&(%)*+J49+ +'*>+8)$>B

3)+(%$(+(84+(%$(%*=+'*>+6$%>%*=+H'*)<':%&+6"*<));T
— 3%$(%*=+(84+(%$(%*=+'*>+6$%>%*=+H'*)<':%&+6"*<));+%6+)*$9+H)66%#$4+784*+(84+<));+%6+&$)64>B+D;
*4&466'<9L+&$)64+(84+<));+#4;)<48'*>B
."():'(%&+H<)&466T+[<%4;$9+H<466+(84+&4*(4<+);+(84+J49+ +M+;%=B+N + [ B

3)+&$)64+(84+(%$(%*=+'*>+6$%>%*=+H'*)<':%&+6"*<));+784*+(%$(4>T
— +."():'(%&+H<)&466T+W7%H4+;)<7'<>6+)*+(84+;"*&(%)*+J49+ +M+;%=B+N + . +)<
)<
[<%4;$9+H<466+(84+&4*(4<+);+(84+J49+ +M+;%=B+N + [ B

3)+6()H+(84+'"():'(%&+)H4*%*=+)<+&$)6%*=+H<)&466T
— +!<466+(84+J49+'='%*+ +M+;%=B+N + [ B

C.2/D/0
E'<4$466+)<+%*'((4*(%@4+"64+);+(84+6"*<));+&'*+&'"64+64<%)"6+%*A"<%46B
● -)+*)(+)H4*+)<+&$)64+(84+6"*<));+%;+'*9)*4+%6+%*+(84+7'9B
● .$7'96+('J4+'$$+@48%&$4+J496+7%(8+9)"+784*+$4'@%*=+(84+@48%&$4B
● /4@4<+$4'@4+&8%$><4*+)<+H4)H$4+<4I"%<%*=+'66%6('*&4+"*'((4*>4>+%*+(84+@48%&$4L+46H4&%'$$9+%;
(849+8'@4+'&&466+()+(84+@48%&$4+J49B+D*'((4*(%@4+"64+);+(84+@48%&$4+J49+&'*+$)&J+(84+@48%&$4L
6('<(+(84+4*=%*4L+67%(&8+(84+%=*%(%)*+)*L+)<+)H4<'(4+(84+6"*<));B
● 384+6"*<));+&'*+6(%$$+#4+)H4*4>+)<+&$)64>+;)<+'+#<%4;+H4<%)>+';(4<+(84+%=*%(%)*+8'6+#44*
67%(&84>+);;L+'6+$)*=+'6+(84+><%@4<c6+)<+;<)*(+H'664*=4<d6+>))<+8'6+*)(+#44*+)H4*4>B

E.F3DG/
-4H4*>%*=+)*+9)"<+@48%&$4+4I"%H:4*(L+(84+H)6%(%)*+);+(84+(%$(%*=+'*>+6$%>%*=+H'*)<':%&+6"*<));
:'9+&8'*=4+'"():'(%&'$$9+'#)@4+'+&4<('%*+6H44>+784*+%(+%6+(%$(4>B+38%6+%6+'*+%*(4*>4>+;4'("<4
'*>+%6+>46%=*4>+()+<4>"&4+7%*>+*)%64B+384+(%$(%*=+'*>+6$%>%*=+H'*)<':%&+6"*<));+&'*+&'"64+%*A"<9
()+H4<6)*6+'*>+:'(4<%'$+>':'=4+784*+:)@%*=B
— .$7'96+4*6"<4+(8'(+*)+#)>9+H'<(6+)<+)#A4&(6+'<4+7%(8%*+(84+)H4*%*=+<'*=4+);+(84+(%$(%*=+'*>
6$%>%*=+H'*)<':%&+6"*<));B

/G3DE1
● 3)+<4>"&4+(84+<%6J+);+>':'=4L+<4:)@4+%&4+'*>+6*)7+;<):+(84+@48%&$4+<));+#4;)<4+)H4*%*=+)<
(%$(%*=+%(+%*+7%*(4<+74'(84<B
● .$7'96+&$)64+(84+6"*<));+#4;)<4+$4'@%*=+(84+@48%&$4+'*>+784*+(84<4+%6+H<4&%H%('(%)*B+D;+(84
6"*<));+%6+)H4*+)<+(%$(4>L+<'%*+)<+6*)7+&)"$>+4*(4<+(84+@48%&$4+%*(4<%)<+'*>+&'"64+45(4*6%@4
>':'=4+()+(84+4$4&(<%&'$+696(4:B+38%6+&)"$>+'$6)+<46"$(+%*+;"<(84<+@48%&$4+>':'=4B
● S44H+(84+(%$(%*=+'*>+6$%>%*=+H'*)<':%&+6"*<));+&$)64>+784*+"6%*=+(84+<));+<'&JB

24:)@4+$4'@46+'*>+)(84<+$))64+)#A4&(6+;<):+(84+6"*<));+="%>4+<'%$6+<4="$'<$9L+4%(84<+#9
8'*>+)<+7%(8+'+@'&"":+&$4'*4<B

384+H%*&8+H<)(4&(%)*+7%$$+*)(+;"*&(%)*+&)<<4&($9+%;+(84+6"*<));+%6+:'$;"*&(%)*%*=B+04(+H<),
;466%)*'$+'66%6('*&4B

W):4+64((%*=6+&'*+#4+6'@4>+%*+(84+H4<6)*'$%?'(%)*+"64<+H<);%$46B

E2#8$#5$#9$(2=$#5#6(2%(9,2'5#6(./$('+#%223

E2#8$#5$#9$(2=$#5#6(*#C(9,2'5#6
384+6"*<));+&'*+#4+)H4*4>+'*>+&$)64>+;<):+)"(6%>4+(84+@48%&$4+"6%*=+(84+@48%&$4+J49B
— +-)46+*)(+'HH$9+()+(84+FW+)<+E'*'>'T+!<466+'*>+8)$>+(84+"*$)&J+)<+$)&J+#"(()*+)*+(84+@48%&$4
J49B+384+6"*<));+7%$$+#4+(%$(4>+)<+&$)64>B
— G*+@48%&$46+7%(8+S49$466+.&&466+7%(8+H"68,#"(()*+6('<(T +8)$>+9)"<+;%*=4<+;)<+64@4<'$+64&)*>6
)*+(84+$)&J%*=+64*6)<+%*+(84+>))<+8'*>$4+"*(%$+(84+6"*<));+%6+&$)64>B
— 24:)@4+9)"<+;%*=4<+;<):+(84+"*$)&J+)<+$)&J+#"(()*+()+6()H+(84+;"*&(%)*B

C84*+"6%*=+(84+&)*@4*%4*&4+&$)6%*=+;"*&(%)*L+'$$+7%*>)76+%*+(84+>))<6+'*>+(84+6"*<));+7%$$+#4
&$)64>B+C84*+'$$+);+(84+7%*>)76+'*>+(84+6"*<));+'<4+&$)64>L+(84+("<*+6%=*'$6+7%$$+;$'68+)*&4 +'6+'
&)*;%<:'(%)*B
W4((%*=6+;)<+(84+6"*<));+&'*+#4+'>A"6(4>+%*+(84+@48%&$4+64((%*=6+%*+(84+D*;)('%*:4*(+696(4:B

W):4+64((%*=6+&'*+#4+6'@4>+%*+(84+><%@4<+H4<6)*'$%?'(%)*+"64<+H<);%$46+'*>+7%$$+'>A"6(
784*+"64<+H<);%$46+'<4+67%(&84>B

F+#%223(=5#9/(=%2.$9.52#

384+H%*&8+H<)(4&(%)*+<4>"&46+(84+<%6J+);+H%*&8%*=+%*A"<%46+M+ B+D;+(84+6"*<));+%6+)#6(<"&(4>+78%$4
%(+%6+&$)6%*=L+%(+7%$$+)H4*+'='%*+'"():'(%&'$$9B
— E84&J+789+(84+6"*<));+%6+*)(+&$)6%*=B
— 3<9+'='%*+()+&$)64+(84+6"*<));B
— D;+(84+6"*<));+%6+6(%$$+*)(+'#$4+()+&$)64L+&$)64+(84+6"*<));+7%(8)"(+H%*&8+H<)(4&(%)*B

E,2'5#6(./$('+#%223("5./2+.(=5#9/(=%2.$9.52#
— 3<9+'='%*+()+&$)64+(84+6"*<));B
— D;+(84+H)74<+6"*<));+6(%$$+&'**)(+#4+&$)64>L+67%H4+;)<7'<>+)@4<+(84+;"*&(%)*+J49+ +7%(8%*+\
64&)*>6+M+;%=B+N +'*>+8)$>+"*(%$+(84+H)74<+6"*<));+%6+&):H$4(4$9+&$)64>+UM+W"*<));L
GH4<'(%)*V B
38%6+7%$$+&$)64+(84+6"*<));+7%(8)"(+H%*&8+H<)(4&(%)*B
— D;+(84+6"*<));+%6+6(%$$+*)(+'#$4+()+&$)64L+&)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>
X)$J67'=4*+W4<@%&4+R'&%$%(9B

D;+9)"+<4$4'64+(84+#"(()*+>"<%*=+(84+&$)6%*=+H<)&466L+(84+H)74<+6"*<));+7%$$+)H4*+'='%*
'"():'(%&'$$9B

C.2/D/0
E$)6%*=+(84+6"*<));+7%(8)"(+H%*&8+H<)(4&(%)*+:'9+<46"$(+%*+64<%)"6+%*A"<%46B
● .$7'96+#4+&'<4;"$+784*+&$)6%*=+(84+6"*<));B
● /4@4<+'$$)7+'*9)*4+()+#4+7%(8%*+(84+6"*<));+<'*=4+);+)H4<'(%)*L+46H4&%'$$9+%;+%(+%6+&$)6%*=
7%(8)"(+H%*&8+H<)(4&(%)*B
● 384+H%*&8+H<)(4&(%)*+>)46+*)(+H<4@4*(+;%*=4<6+)<+)(84<+H'<(6+);+(84+#)>9+;<):+#4&):%*=+%*,
A"<4>+#9+#4%*=+H<4664>+'='%*6(+(84+<));+;<':4B
!%*&8+H<)(4&(%)*+'$6)+)&&"<6+784*+&)*@4*%4*&4+&$)6%*=+(84+7%*>)76+'*>+6"*<));+7%(8
(84+@48%&$4+J49B

K%2+4,$'/22.5#6

G3(./$('+#%223(5'(#2.(9,2'5#6
— 384+6"*<));+)*$9+7)<J6+784*+(84+%=*%(%)*+%6+)*B+384+6"*<));+&'*+6(%$$+#4+)H4*4>+)<+&$)64>+;)<+'
#<%4;+H4<%)>+';(4<+(84+%=*%(%)*+8'6+#44*+67%(&84>+);;L+'6+$)*=+'6+(84+><%@4<c6+)<+;<)*(+H'664*,
=4<d6+>))<+8'6+*)(+#44*+)H4*4>B
— D;+%(+%6+*)(+H)66%#$4+()+&$)64+(84+6"*<));+"6%*=+(84+H)74<+&)*(<)$6L+(84+6"*<));+:"6(+#4+&$)64>
:'*"'$$9B+W):4+@48%&$4+&):H)*4*(6+:"6(+#4+<4:)@4>+%*+)<>4<+()+&$)64+(84+6"*<));+:'*"'$$9B
04(+H<);466%)*'$+'66%6('*&4B

F.$$%5#6("/$$,

:CN+'.5#6(./$('.$$%5#6("/$$,(=2'5.52#

R%=B+
R%=B+NN+ F*>4<+(84+6(44<%*=+7844$+%*+(84+6(44<%*=+&)$":*+(<%:+H'*4$T+$4@4<+()+'>A"6(+(84+6(44<%*=
7844$+H)6%(%)*+:'*"'$$9B
R%=B+
R%=B+QQ+ G*+(84+6(44<%*=+7844$T+*%*4+)c&$)&J+'*>+(8<44+)c&$)&J+H)6%(%)*B

#4;)<4+><%@%*=+)<+78%$4+(84+@48%&$4+%6+6('(%)*'<9+M+
G*$9+'>A"6(+(84+6(44<%*=+7844$+#4;)<4 B

— 3%$(+(84+$4@4<+M+;%=B+N+ N +>)7*7'<>B
— .>A"6(+(84+6(44<%*=+7844$+6)+(8'(+%(+&'*+#4+;%<:$9+84$>+'(+(84+)"(4<+4>=4+7%(8+#)(8+8'*>6+'(+(84
*%*4+)c&$)&J+'*>+(8<44+)c&$)&J+H)6%(%)* +M+;%=B+Q B
— !<466+(84+$4@4<+'$$+(84+7'9+"H+"*(%$+%(+$)&J6+;$"68+7%(8+(84+6(44<%*=+&)$":*+(<%:+H'*4$+M+ B

C.2/D/0
D*&)<<4&(+"64+);+(84+6(44<%*=+7844$+'>A"6(4<+'*>+'*+%*&)<<4&(+6(44<%*=+7844$+'>A"6(:4*(+&)"$>
&'"64+64<%)"6+)<+;'('$+%*A"<%46B
● .$7'96+H"68+(84+$4@4<+M+;%=B+N +"H7'<>+%*+%(6+$)&J4>+H)6%(%)*+';(4<+'>A"6(%*=+6)+(8'(+9)"+>)+*)(
&8'*=4+(84+6(44<%*=+7844$+H)6%(%)*+"*%*(4*(%)*'$$9+78%$4+><%@%*=B
● /4@4<+'>A"6(+(84+6(44<%*=+7844$+78%$4+><%@%*=B+D;+9)"+;%*>+(84+6(44<%*=+7844$+:"6(+#4+'>A"6(4>
78%$4+><%@%*=L+(84*+6()H+(84+@48%&$4+6';4$9+'*>+'>A"6(+(84+6(44<%*=+7844$+&)<<4&($9B
● 384+6(44<%*=+7844$+:"6(+'$7'96+;'&4+()7'<>+(84+&846(+'*>+*4@4<+()7'<>+(84+;'&4B+G(84<7%64L
(84+H<)(4&(%@4+;"*&(%)*+);+(84+><%@4<c6+;<)*(+'%<#'=+:'9+#4+$%:%(4>+%*+(84+4@4*(+);+'*+'&&%>4*(B
● 3)+<4>"&4+(84+<%6J+);+%*A"<%46+%;+(84+><%@4<c6+;<)*(+'%<#'=+>4H$)96L+'$7'96+8)$>+(84+)"(4<+4>=4+);
(84+6(44<%*=+7844$+;%<:$9+7%(8+#)(8+8'*>6+%*+(84+*%*4+)c&$)&J+'*>+(8<44+)c&$)&J+H)6%(%)* +M+;%=B+Q B
● /4@4<+8)$>+(84+6(44<%*=+7844$+%*+(84+(74$@4+)c&$)&J+H)6%(%)*+)<+%*+'*9+)(84<+7'9L+6"&8+'6+8)$>%*=
(84+&4*(4<+);+(84+6(44<%*=+7844$B+G(84<7%64L+(84+'<:6L+8'*>6L+'*>+84'>+&)"$>+#4+64<%)"6$9+%*,
A"<4>+%;+(84+><%@4<c6+;<)*(+'%<#'=+>4H$)96B
F$*.'(*#C(/$*C(%$'.%*5#.'

?%2#.('$*.'

G#.%2C+9.52#

384+;)$$)7%*=+%*;)<:'(%)*+>46&<%#46+(84+@'<%)"6+)H(%)*6+;)<+'>A"6(%*=+(84+;<)*(+64'(6B+.$7'96
:'J4+6"<4+(84+64'(6+'<4+'>A"6(4>+()+(84+&)<<4&(+H)6%(%)*+UM+W4'(%*=+H)6%(%)*L+D*(<)>"&(%)*Y=4*4<,
'$+%*;)<:'(%)*V B

C.2/D/0
.>A"6(+(84+;<)*(+64'(6+&)<<4&($9+#4;)<4+4'&8+><%@4+'*>+:'J4+6"<4+'$$+H'664*=4<6+8'@4+(84%<+)7*
6';4(9+#4$(6+;'6(4*4>+&)<<4&($9B
● a)@4+(84+;<)*(+H'664*=4<c6+64'(+'$$+(84+7'9+#'&JB
● .>A"6(+(84+><%@4<d6+64'(+6)+(8'(+(84<4+%6+'(+$4'6(+NP+%*&846+UQ\+&:V+);+6H'&4+#4(744*+9)"<
&846(+'*>+(84+&4*(4<+);+(84+6(44<%*=+7844$B+.>A"6(+(84+;)<7'<>Y#'&J+H)6%(%)*+);+(84+><%@4<d6
64'(+6)+(8'(+9)"+&'*+H<466+(84+H4>'$6+7%(8+9)"<+$4=6+6$%=8($9+#4*(L+'*>+(84<4+%6+'(+$4'6(+Z
%*&846+UNP+&:V+);+6H'&4+#4(744*+(84+%*6(<":4*(+H'*4$+'*>+9)"<+J*446B+D;+9)"<+H896%&'$+&8'<,
'&(4<%6(%&6+7%$$+*)(+'$$)7+9)"+()+>)+(8%6L+644+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>
X)$J67'=4*+W4<@%&4+R'&%$%(9+()+8'@4+:)>%;%&'(%)*6+:'>4B
● /4@4<+><%@4+7%(8+(84+#'&J<46(+'*=$4>+#'&J+;'<B+384+;'<(84<+#'&J+(84+#'&J<46(+%6+'*=$4>L+(84
=<4'(4<+(84+<%6J+);+%*A"<9+>"4+()+%*&)<<4&(+<)"(%*=+);+(84+6';4(9+#4$(+'*>+'*+%*&)<<4&(+64'(%*=
H)6%(%)*B
● /4@4<+><%@4+7%(8+(84+#'&J<46(+'*=$4>+68'<H$9+;)<7'<>B+D;+(84+;<)*(+'%<#'=+>4H$)96L+%(+&)"$>
H"68+(84+#'&J<46(+#'&J+'*>+%*A"<4+H'664*=4<6+%*+(84+<4'<+64'(B
● .$7'96+6%(+"H<%=8(L+7%(8+9)"<+#'&J+'='%*6(+(84+#'&J<46(+'*>+(84+;<)*(+64'(6+'>A"6(4>+&)<<4&(,
$9B+/4@4<+H)6%(%)*+'*9+H'<(+);+9)"<+#)>9+&$)64+()+)<+>%<4&($9+)*+(84+$)&'(%)*+784<4+(84+'%<#'=
%6+%*6('$$4>B

C.2/D/0
.>A"6(%*=+(84+64'(6+%*&)<<4&($9+&'*+&'"64+'&&%>4*(6+'*>+64<%)"6+%*A"<%46B
● G*$9+'>A"6(+(84+64'(6+784*+(84+@48%&$4+%6+6('(%)*'<9B+G(84<7%64L+(84+H)6%(%)*+);+(84+64'(
&)"$>+&8'*=4+"*45H4&(4>$9+78%$4+><%@%*=+'*>+9)"+&)"$>+$)64+&)*(<)$+);+(84+@48%&$4B+.$6)L+(84
64'(+&)"$>+#4+'>A"6(4>+()+'+H)6%(%)*+(8'(+%6+%*&)<<4&(B
● G*$9+'>A"6(+(84+84%=8(L+'*=$4L+'*>+;)<7'<>Y#'&J+H)6%(%)*+);+(84+;<)*(+64'(6+784*+(84<4+%6+*)
)*4+7%(8%*+(84+64'(c6+<'*=4+);+:)@4:4*(B
● -)+*)(+<46(<%&(+(84+:)@4:4*(+);+(84+64'(6+#9+H$'&%*=+)#A4&(6+7%(8%*+(84%<+<'*=4+);
:)@4:4*(B
● G*$9+'>A"6(+(84+84%=8(+'*>+'*=$4+);+(84+<4'<+64'(6+784*+(84<4+%6+*)+)*4+7%(8%*+(84+64'(c6
<'*=4+);+:)@4:4*(B
● 384+'>A"6(%*=+'*>+$)&J%*=+'<4'6+);+(84+64'(6+:"6(+*)(+#4+>%<(9B
C.2/D/0
F6%*=+64'(+&)@4<6+)<+H<)(4&(%@4+&)@4<6+%*&)<<4&($9+&'*+<46"$(+%*+"*%*(4*(%)*'$$9+)H4<'(%*=+(84
64'(+'>A"6(4<6L+'*>+(84+;<)*(+64'(6+&)"$>+:)@4+"*45H4&(4>$9+78%$4+><%@%*=B+38%6+&)"$>+&'"64+9)"
()+$)64+&)*(<)$+);+(84+@48%&$4B+38%6+&'*+&'"64+'&&%>4*(6+'*>+%*A"<%46B+384+4$4&(<%&'$+&):H)*4*(6
%*+(84+;<)*(+64'(6+&)"$>+'$6)+#4+>':'=4>B
● /4@4<+%*6('$$+)<+64&"<4+64'(+&)@4<6+'*>+H<)(4&(%@4+&)@4<6+)*+(84+4$4&(<%&'$+64'(+&)*(<)$6B
● G*$9+"64+64'(+&)@4<6+)<+H<)(4&(%@4+&)@4<6+(8'(+'<4+6H4&%;%&'$$9+'HH<)@4>+;)<+"64+%*+9)"<
@48%&$4B

C.2/D/0
b%=8(4<6+%*+(84+@48%&$4+&'*+#4&):4+>':'=4>+)<+%=*%(4+"*%*(4*(%)*'$$9B+38%6+&'*+&'"64+64@4<4
#"<*6+'*>+@48%&$4+>':'=4B
● [4;)<4+'>A"6(%*=+64'(6L+'$7'96+:'J4+6"<4+(8'(+(84<4+'<4+*)+&%='<4((4+$%=8(4<6+*4'<+(84+:)@,
%*=+H'<(6+);+(84+64'(B

/G3DE1
G#A4&(6+7%(8+68'<H+4>=46+&'*+>':'=4+(84+64'(6B
● /4@4<+()"&8+(84+64'(6+7%(8+68'<H,4>=4>+)#A4&(6B+W8'<H,4>=4>+)#A4&(6L+6"&8+'6+?%HH4<6L+<%@,
4(6+)*+&$)(8%*=L+)<+#4$(6L+&'*+&'"64+6"<;'&4+>':'=4B+GH4*+8))J+'*>+$))H+;'6(4*4<6+&'*+'$6)
&'"64+>':'=4B

:CN+'.5#6(>*#+*,(3%2#.('$*.'

384+%*;)<:'(%)*+(8'(+;)$$)76+>46&<%#46+'$$+H)66%#$4+&)*(<)$6B+-4H4*>%*=+)*+(84+64'(+@4<6%)*L+(84
*":#4<+);+&)*(<)$6+:'9+@'<9B
384+&)*(<)$6+)*+(84+<%=8(+;<)*(+64'(+'<4+'+:%<<)<+%:'=4+);+(84+$4;(B
R%=B+
R%=B+NN+ G*+(84+$4;(+;<)*(+64'(T+&)*(<)$6B

N GH4<'(4+$4@4<+()+'>A"6(+$":#'<+6"HH)<(B
Q 3)+'>A"6(+(84+#'&J<46(L+("<*+(84+8'*>7844$+7%(8+*)(8%*=+<46(%*=+)*+(84+#'&J<46(B
O D;+*4&466'<9L+:)@4+(84+$4@4<+:"$(%H$4+(%:46+"H7'<>+)<+>)7*7'<>+()+'>A"6(+(84+84%=8(+);+(84
64'(B
Z !"$$+)<+H"68+(84+$4@4<+64@4<'$+(%:46+%;+*4&466'<9+()+'>A"6(+(84+64'(+&"68%)*+'*=$4B
\ b%;(+(84+=<%H+()+:)@4+(84+64'(+&"68%)*+;)<7'<>+)<+#'&J7'<>6B
] !"$$+(84+$4@4<+()+6$%>4+(84+;<)*(+64'(+;)<7'<>+)<+#'&J7'<>B+384+;<)*(+64'(+:"6(+$)&J+%*()
H$'&4+';(4<+(84+$4@4<+%6+<4$4'64>B

:CN+'.5#6(=2"$%(3%2#.('$*.'
R%=B+
R%=B+NN+ W7%(&8+)*+(84+$4;(+;<)*(+64'(T+'>A"6(%*=+(84+;<)*(+64'(+;)<7'<>Y#'&JL+(84+84%=8(+'*>+'*=$4
);+(84+64'(+6"<;'&4L+'*>+(84+;<)*(+64'(+#'&J<46(B

384+&)*(<)$6+)*+(84+<%=8(+;<)*(+64'(+'<4+'+:%<<)<+%:'=4+);+(84+$4;(B
.+64'(+:'9+8'@4+#)(8+:'*"'$+'*>+H)74<+&)*(<)$6B
!<466+(84+67%(&8+%*+(84+>%<4&(%)*+);+(84+'<<)7+M+;%=B+N T

. W$%>4+(84+64'(+;)<7'<>+)<+#'&J7'<>B
[ .>A"6(+(84+'*=$4+);+(84+64'(+6"<;'&4B
E .>A"6(+(84+84%=8(+);+(84+64'(B
- .>A"6(+(84+'*=$4+);+(84+#'&J<46(B
R%=B+
R%=B+QQ+ W7%(&8+)*+(84+$4;(+;<)*(+64'(T+'>A"6(%*=+(84+$":#'<+6"HH)<(B

!<466+(84+67%(&8+%*+(84+>%<4&(%)*+9)"+7)"$>+$%J4+(84+$":#'<+6"HH)<(+()+:)@4+M+;%=B+Q B

N a)@4+(84+&"<@'("<4+);+(84+$":#'<+6"HH)<(+;)<7'<>B
Q a)@4+(84+&"<@'("<4+);+(84+$":#'<+6"HH)<(+#'&J7'<>B
O 2'%64+(84+&"<@'("<4+);+(84+$":#'<+6"HH)<(B
Z a)@4+(84+&"<@'("<4+);+(84+$":#'<+6"HH)<(+>)7*B

384+&)*(<)$6+)*+(84+<%=8(+;<)*(+64'(+'<4+'+:%<<)<+%:'=4+);+(84+$4;(B
.+64'(+:'9+8'@4+#)(8+:'*"'$+'*>+H)74<+&)*(<)$6B

?2,C5#6(./$(3%2#.(=*''$#6$%(4*90%$'.(32%"*%C'
R%=B+
R%=B+NN+ R<)*(+H'664*=4<+64'(T+R)$>+#'&J<46(+;)<7'<>6B

384+;<)*(+H'664*=4<+64'(+#'&J<46(+&'*+#4+;)$>4>+>)7*+'*>+$)&J4>+%*+'+8)<%?)*('$+H)6%(%)*B
D;+)#A4&(6+'<4+(<'*6H)<(4>+)*+(84+;)$>4>+;<)*(+H'664*=4<+64'(L+(84+;<)*(+H'664*=4<+'%<#'=+:"6(+#4
>4'&(%@'(4>+UM+.%<#'=+696(4:L+GH4<'(%)*V B

?2,C5#6(./$(3%2#.(=*''$#6$%(4*90%$'.(32%"*%C'
— 24:)@4+)#A4&(6+;<):+(84+;<)*(+H'664*=4<+64'(+M+ B
— W4(+(84+;<)*(+H'664*=4<+64'(+84%=8(+'6+$)7+'6+H)66%#$4B
— a)@4+(84+;<)*(+H'664*=4<+64'(+'6+;'<+#'&J+'6+H)66%#$4B
— a)@4+(84+84'>+<46(<'%*(6+'$$+(84+7'9+>)7*B
— F*$)&J+(84+;<)*(+H'664*=4<+#'&J<46(+%*+(84+>%<4&(%)*+);+(84+'<<)76+M+;%=B+N+ N B
— R)$>+(84+;<)*(+H'664*=4<+#'&J<46(+;)<7'<>6+%*+(84+>%<4&(%)*+);+(84+'<<)76+M+;%=B+N+ Q +%*()+(84
8)<%?)*('$+H)6%(%)*B+384+;<)*(+H'664*=4<+#'&J<46(+:"6(+4*='=4+64&"<4$9+%*+(84+;)$>4>+>)7*
H)6%(%)*B

W#32,C5#6(./$(3%2#.(=*''$#6$%(4*90%$'.
-)+*)(+8'@4+'*9+)#A4&(6+)<+#)>9+H'<(6+*4'<+(84+8%*=4+784*+"*;)$>%*=B

— 3)+"*;)$>+(84+;<)*(+H'664*=4<+#'&J<46(+"*$)&J+%(+'='%*+M+;%=B+N+ N B
— R)$>+(84+;<)*(+H'664*=4<+#'&J<46(+#'&J7'<>6+%*()+(84+"H<%=8(+H)6%(%)*B+384+;<)*(+H'664*=4<
#'&J<46(+:"6(+4*='=4+64&"<4$9+%*+(84+;)$>4>+)"(L+"H<%=8(+H)6%(%)*B

C.2/D/0
R)$>%*=+'*>+"*;)$>%*=+(84+;<)*(+H'664*=4<+#'&J<46(+%*+'*+"*&)*(<)$$4>+)<+&'<4$466+:'**4<+&'*
&'"64+64@4<4+%*A"<9B
● G*$9+;)$>+)<+"*;)$>+(84+;<)*(+H'664*=4<+#'&J<46(+784*+(84+@48%&$4+%6+6('(%)*'<9B
● .$7'96+('J4+&'<4+(8'(+*)+H4)H$4+)<+'*%:'$6+'<4+%*+(84+7'9+);+(84+#'&J<46(+784*+;)$>%*=
>)7*+(84+;<)*(+H'664*=4<+#'&J<46(B
● .6+$)*=+'6+(84+;<)*(+H'664*=4<+#'&J<46(+%6+;)$>4>+>)7*L+(84+;<)*(+'%<#'=+:"6(+#4+67%(&84>
);;+'*>+(84+!.WW1/012+.D2+[.0+ +%*>%&'()<+$%=8(+:"6(+#4+%$$":%*'(4>B
● S44H+8'*>6L+;%*=4<6L+;44(L+'*>+)(84<+H'<(6+);+(84+#)>9+)"(+);+(84+'<4'+784<4+(84+64'(+8%*=46
'*>+64'(+$)&J%*=+:4&8'*%6:+'<4+:)@%*=+784*+;)$>%*=+(84+#'&J<46(+;)<7'<>+'*>+#'&JB
● R$))<+:'(6+)<+)(84<+)#A4&(6+&'*+=4(+&'"=8(+%*+(84+;<)*(+H'664*=4<+#'&J<46(+8%*=46B+38%6+&'*
$4'>+()+(84+;<)*(+H'664*=4<+#'&J<46(+*)(+#4%*=+64&"<4$9+$)&J4>+784*+"*;)$>4>+()+(84+"H<%=8(
H)6%(%)*B
● 384+;<)*(+H'664*=4<+#'&J<46(+:"6(+#4+64&"<4$9+$)&J4>+784*+#4%*=+"*;)$>4>+()+(84+"H<%=8(
H)6%(%)*B+.+;<)*(+H'664*=4<+#'&J<46(+78%&8+%6+*)(+64&"<4$9+$)&J4>+&'*+:)@4+"*45H4&(4>$9
'*>+&'"64+64@4<4+%*A"<9B

C.2/D/0
384+"*&)@4<4>+64'(+:)"*(%*=6+)<+8%*=46+&'*+$4'>+()+64@4<4+%*A"<9+>"<%*=+'+#<'J%*=+:'*4"@4<+)<
'&&%>4*(+784*+(84+;<)*(+H'664*=4<+#'&J<46(+%6+;)$>4>+>)7*B
● /4@4<+(<'*6H)<(+H4)H$4+)<+&8%$><4*+)*+(84+;<)*(+H'664*=4<+64'(+784*+(84+;<)*(+H'664*=4<
#'&J<46(+%6+;)$>4>+>)7*B
● G*$9+(84+64'(+#48%*>+(84+><%@4<+64'(+)*+(84+<4'<+#4*&8+64'(+:'9+#4+"64>+784*+(84+;<)*(+H'6,
64*=4<+#'&J<46(+%6+;)$>4>+>)7*B+38%6+'$6)+'HH$%46+()+&8%$>+64'(6B

@$*%('$*.'

G#.%2C+9.52#

384+;)$$)7%*=+%*;)<:'(%)*+>46&<%#46+(84+@'<%)"6+)H(%)*6+;)<+'>A"6(%*=+(84+<4'<+64'(6B+.$7'96
:'J4+6"<4+(84+64'(6+'<4+'>A"6(4>+()+(84+&)<<4&(+H)6%(%)*+UM+W4'(%*=+H)6%(%)*L+W4((%*=6V B

C.2/D/0
.>A"6(%*=+(84+<4'<+64'(6+%*&)<<4&($9+&'*+&'"64+'&&%>4*(6+'*>+64<%)"6+%*A"<%46B
● G*$9+'>A"6(+(84+<4'<+64'(6+784*+(84+@48%&$4+%6+6('(%)*'<9B+G(84<7%64L+(84+<4'<+64'(6+&)"$>
)(84<7%64+:)@4+"*45H4&(4>$9+78%$4+(84+@48%&$4+%6+%*+:)(%)*B+.$6)L+(84+64'(+&)"$>+#4+'>A"6(,
4>+()+'+H)6%(%)*+(8'(+%6+%*&)<<4&(B
● G*$9+'>A"6(+(84+<4'<+64'(+784*+(84<4+%6+*)+)*4+7%(8%*+(84+64'(c6+<'*=4+);+:)@4:4*(B
C.2/D/0
b%=8(4<6+%*+(84+@48%&$4+&'*+#4&):4+>':'=4>+)<+%=*%(4+"*%*(4*(%)*'$$9B+38%6+&'*+&'"64+64@4<4
#"<*6+'*>+@48%&$4+>':'=4B
● [4;)<4+'>A"6(%*=+64'(6L+'$7'96+:'J4+6"<4+(8'(+(84<4+'<4+*)+&%='<4((4+$%=8(4<6+*4'<+(84+:)@,
%*=+H'<(6+);+(84+64'(B

C.2/D/0
3)+<4>"&4+(84+<%6J+);+%*A"<9+78%$4+><%@%*=L+(84+&4*(4<+'<:<46(+:"6(+'$7'96+#4+;)$>4>+"H7'<>B
● D;+(84+&4*(4<+'<:<46(+%6+;)$>4>+>)7*L+(84+&4*(4<+<4'<+64'(+:"6(+*4@4<+#4+"64>+#9+4%(84<
'>"$(6+)<+&8%$><4*B+-)%*=+6)+7)"$>+&<4'(4+'*+%*&)<<4&(+64'(%*=+H)6%(%)*+(8'(+&)"$>+<46"$(+%*
64<%)"6+%*A"<%46B
● /4@4<+'$$)7+'*+'>"$(+)<+&8%$>+()+<%>4+)*+(84+&4*(4<+'<:<46(B

/G3DE1
● G#A4&(6+%*+(84+(<"*J+&'*+&'"64+>':'=4+784*+'>A"6(%*=+(84+<4'<+64'(+;)<7'<>+)<+#'&J7'<>B
● D;+(84+<4'<+64'(+%6+H)6%(%)*4>+;)<7'<>L+)#A4&(6+&'*+#4&):4+&'"=8(+#4(744*+(84+64'(+'*>+(84
$"=='=4+&):H'<(:4*(+;$))<B+24:)@4+'*9+)#A4&(6+;<):+(8%6+'<4'+#4;)<4+6$%>%*=+(84+<4'<+64'(
#'&JB

/G3DE1
G#A4&(6+7%(8+68'<H+4>=46+&'*+>':'=4+(84+64'(6B
● /4@4<+()"&8+(84+64'(6+7%(8+68'<H,4>=4>+)#A4&(6B+W8'<H,4>=4>+)#A4&(6L+6"&8+'6+?%HH4<6L+<%@,
4(6+)*+&$)(8%*=L+)<+#4$(6L+&'*+&'"64+6"<;'&4+>':'=4B+GH4*+8))J+'*>+$))H+;'6(4*4<6+&'*+'$6)
&'"64+>':'=4B

?2,C5#6(./$(%$*%(4$#9/('$*.(4*90%$'.(32%"*%C(2%(4*90"*%C

384+64'(+#'&J<46(+%6+>%@%>4>B+1'&8+H'<(+);+(84+<4'<+64'(+#'&J<46(+&'*+#4+;)$>4>+;)<7'<>+%*>%@%>"'$,
$9+()+4*$'<=4+(84+$"=='=4+&):H'<(:4*(B
R%=B+
R%=B+NN+ D*+(84+<4'<+64'(+#'&J<46(T+<4$4'64+#"(()*B

?2,C5#6(./$(%$*%('$*.(4*90%$'.(32%"*%C(*#C(C2"#
— a)@4+(84+84'>+<46(<'%*(6+'$$+(84+7'9+>)7*B
— !"$$+(84+<4$4'64+#"(()*+M+;%=B+N+ N +;)<7'<>+78%$4+;)$>%*=+(84+<4'<+64'(+#'&J<46(+;)<7'<>+'*>
>)7*B

384+<46H4&(%@4+#'&J<46(+H'<(+);+(84+<4'<+64'(+#'&J<46(+%6+<4$4'64>+784*+(84+<4>+:'<J%*=+M+;%=B+N+
Q +&'*+#4+644*B

?2,C5#6(./$(%$*%('$*.(4*90%$'.(+=(*#C(4*90
— R)$>+(84+<4'<+64'(+#'&J<46(+()+(84+#'&J+'*>+H"68+;%<:$9+%*()+(84+&'(&8+"*(%$+%(+64&"<4$9+4*='=46
M+ B

384+<4>+:'<J%*=+M+;%=B+N+ Q +:'9+*)+$)*=4<+#4+@%6%#$4B
C.2/D/0
R)$>%*=+'*>+"*;)$>%*=+(84+<4'<+64'(+#'&J<46(+%*+'*+"*&)*(<)$$4>+)<+&'<4$466+:'**4<+:'9+&'"64
64@4<4+%*A"<9B
● .$7'96+('J4+&'<4+(8'(+*)+H4)H$4+)<+'*%:'$6+'<4+%*+(84+7'9+);+(84+<4'<+64'(+#'&J<46(+784*
;)$>%*=+%(+;)<7'<>+'*>+>)7*B
● /4@4<+;)$>+(84+<4'<+64'(+#'&J<46(+;)<7'<>+)<+#'&J+78%$4+><%@%*=B
● a'J4+6"<4+(84+6';4(9+#4$(+%6+*)(+H%*&84>+)<+>':'=4>+784*+;)$>%*=+(84+<4'<+64'(+#'&J<46(
#'&JB
● S44H+8'*>6L+;%*=4<6L+;44(+'*>+)(84<+#)>9+H'<(6+'7'9+;<):+(84+<4'<+64'(+#'&J<46(+784*+;)$>,
%*=+"H+'*>+>)7*B
● 1'&8+<4'<+64'(+#'&J<46(+:"6(+'$7'96+#4+64&"<4$9+4*='=4>+()+4*6"<4+(8'(+(84+6';4(9+#4$(6+%*
(84+<4'<+64'(6+&'*+H<)@%>4+(84+:'5%:":+H<)(4&(%)*B+3'J4+45(<'+&'<4+46H4&%'$$9+7%(8+(84+:%>,
>$4+64'(+%*+(84+<4'<+#4*&8+64'(B+D;+'+64'(+)*+(84+<4'<+#4*&8+%6+"64>+7%(8)"(+(84+<4'<+64'(+#'&J,
<46(+#4%*=+4*='=4>L+(84+@48%&$4+)&&"H'*(+7%$$+:)@4+;)<7'<>+7%(8+(84+<4'<+64'(+#'&J<46(+%*
(84+4@4*(+);+6">>4*+#<'J%*=+'*>+><%@%*=+:'*4"@4<6+)<+'+&)$$%6%)*B
● .+<4>+:'<J%*=+M+;%=B+N+ Q +%*>%&'(46+(8'(+(84+<4'<+64'(+#'&J<46(+%6+*)(+4*='=4>B+.$7'96
&84&J+(8'(+(84+<4>+:'<J4<+%6+*)(+@%6%#$4+784*+(84+<4'<+64'(+#'&J<46(+%6+%*+(84+"H<%=8(
H)6%(%)*B
● /4@4<+'$$)7+'>"$(6+)<+&8%$><4*+()+6%(+%*+'+<4'<+64'(+%;+(8'(+64'(+#'&J<46(+%6+;)$>4>+;)<7'<>+)<+%6
*)(+4*='=4>B

/G3DE1
R)$>%*=+'*>+"*;)$>%*=+(84+<4'<+64'(+#'&J<46(+%*+'*+"*&)*(<)$$4>+)<+&'<4$466+:'**4<+:'9+&'"64
>':'=4+()+(84+@48%&$4+)<+)(84<+)#A4&(6B
● [4;)<4+;)$>%*=+(84+<4'<+64'(+#'&J<46(+;)<7'<>L+'$7'96+'>A"6(+(84+;<)*(+64'(6+6)+(8'(+(84+84'>
<46(<'%*(+)<+H'>>%*=+)*+(84+<4'<+64'(+#'&J<46(+>)46+*)(+H<466+'='%*6(+(84+;<)*(+64'(B
● [4;)<4+;)$>%*=+(84+<4'<+64'(+#'&J<46(+;)<7'<>L+'$7'96+('J4+&'<4+(8'(+(84<4+'<4+*)+)#A4&(6+%*
%(6+H'(8B

L$*C(%$'.%*5#.'

G#.%2C+9.52#

384+%*;)<:'(%)*+(8'(+;)$$)76+>46&<%#46+8)7+(84+84'>+<46(<'%*(6+&'*+#4+'>A"6(4>+'*>+<4:)@4>B
.$7'96+:'J4+6"<4+(84+64'(6+'<4+'>A"6(4>+()+(84+&)<<4&(+H)6%(%)*+UM+W4'(%*=+H)6%(%)*L+W4((%*=6V B
.$$+64'(6+'<4+4I"%HH4>+7%(8+84'>+<46(<'%*(6B+384+&4*(4<+<4'<+84'>+<46(<'%*(+U>4H4*>%*=+)*+(84+@4,
8%&$4+4I"%H:4*(V+%6+)*$9+%*(4*>4>+;)<+(84+&4*(4<+64'(+)*+(84+<4'<+#4*&8+64'(B+384<4;)<4+>)+*)(+%*,
6('$$+(8%6+84'>+<46(<'%*(+%*+'*9+)(84<+H)6%(%)*B
384<4+'<4+*)(&846+%*+(84+84'>+<46(<'%*(+6"HH)<(6+6)+(8'(+(849+&'*+#4+$)&J4>+%*()+>%;;4<4*(+H)6%,
(%)*6B+G*$9+84'>+<46(<'%*(6+78%&8+'<4+&)<<4&($9+:)"*(4>+&'*+$)&J+%*()+(84+*)(&846+7%(8%*+(84+'>,
A"6('#$4+<'*=4B+3)+H<4@4*(+(84+84'>+<46(<'%*(6+;<):+#4%*=+<4:)@4>+"*%*(4*(%)*'$$9+';(4<+:)"*(,
%*=L+(84<4+'<4+6()H6+'(+(84+()H+'*>+#)(():+);+(84+'>A"6('#$4+<'*=4B

E2%%$9.(/$*C(%$'.%*5#.(*CN+'.>$#.
.>A"6(+(84+84'>+<46(<'%*(+6)+(8'(+(84+"HH4<+4>=4+);+(84+84'>+<46(<'%*(+%6+%*+$%*4+7%(8+(84+"HH4<
H)<(%)*+);+(84+84'>+'6+:"&8+'6+H)66%#$4L+#"(+*)(+$)74<+(8'*+494+$4@4$B+!)6%(%)*+(84+#'&J+);+(84
84'>+'6+&$)64+'6+H)66%#$4+()+(84+84'>+<46(<'%*(B

L$*C(%$'.%*5#.(*CN+'.>$#.(32%('/2%.$%(=$2=,$
W$%>4+(84+84'>+<46(<'%*(+'$$+(84+7'9+>)7*L+4@4*+%;+(84+84'>+%6+(84*+#4$)7+(84+"HH4<+4>=4+);+(84
84'>+<46(<'%*(B+C84*+(84+84'>+<46(<'%*(+%6+%*+(84+$)746(+H)6%(%)*L+(84<4+:'9+#4+'+6:'$$+='H+#4,
(744*+(84+84'>+<46(<'%*(+'*>+(84+#'&J<46(B

L$*C(%$'.%*5#.(*CN+'.>$#.(32%(.*,,$%(=$2=,$
a)@4+(84+84'>+<46(<'%*(+"H+'$$+(84+7'9B

C.2/D/0
-<%@%*=+7%(8+84'>+<46(<'%*(+(8'(+8'@4+#44*+<4:)@4>+)<+'>A"6(4>+%*&)<<4&($9+%*&<4'646+(84+<%6J+);
64<%)"6+)<+;'('$+%*A"<%46+%*+(84+4@4*(+);+'*+'&&%>4*(+)<+6">>4*+><%@%*=+'*>+#<'J%*=+:'*4"@4<6B
● D;+'+H4<6)*+%6+6%((%*=+%*+'+64'(L+)*$9+><%@4+7%(8+(84+84'>+<46(<'%*(6+&)<<4&($9+%*6('$$4>+'*>+'>,
A"6(4>+)*+(8'(+64'(B
● 3)+<4>"&4+(84+<%6J+);+*4&J+%*A"<%46+%*+'*+'&&%>4*(L+4@4<9+)&&"H'*(+%*+(84+@48%&$4L+%*&$">%*=+(84
><%@4<L+:"6(+8'@4+(84+84'>+<46(<'%*(+'>A"6(4>+&)<<4&($9+'&&)<>%*=+()+(84%<+#)>9+6%?4B+3)+>)
(8%6L+(84+"HH4<+4>=4+);+(84+84'>+<46(<'%*(+:"6(+#4+%*+$%*4+7%(8+(84+"HH4<+H)<(%)*+);+(84+84'>
'6+:"&8+'6+H)66%#$4L+#"(+*)(+$)74<+(8'*+494+$4@4$B+!)6%(%)*+(84+#'&J+);+(84+84'>+'6+&$)64+'6
H)66%#$4+'*>+&4*(4<4>+()+(84+84'>+<46(<'%*(B
● /4@4<+'>A"6(+(84+84'>+<46(<'%*(+78%$4+><%@%*=B

/G3DE1
C84*+<4:)@%*=+'*>+%*6('$$%*=+(84+84'>+<46(<'%*(6L+:'J4+6"<4+(84+84'>+<46(<'%*(+>)46+*)(+8%(+(84
84'>$%*4<L+(84+;<)*(+64'(+#'&J<46(L+)<+)(84<+@48%&$4+&):H)*4*(6B+G(84<7%64L+>':'=4+&)"$>
<46"$(B

:CN+'.5#6(./$(/$*C(%$'.%*5#.'
R%=B+
R%=B+NN+ R<)*(+84'>+<46(<'%*(T+'>A"6(%*=B

R%=B+
R%=B+QQ+ 24'<+84'>+<46(<'%*(T+'>A"6(%*=B
:CN+'.5#6(./$(/$56/.(23(./$(/$*C(%$'.%*5#.'
— D;+*4&466'<9L+6$%>4+(84+84'>+<46(<'%*(+"H7'<>+)<+>)7*7'<>+%*+(84+>%<4&(%)*+);+(84+'<<)7+'*>
784*+H<466%*=+(84+M+;%=B+N+ N +)<+M+;%=B+Q+ N +#"(()*+UM+K4'>+<46(<'%*(6L+D*(<)>"&(%)*Y=4*,
4<'$+%*;)<:'(%)*V B+384+84'>+<46(<'%*(+:"6(+$)&J+64&"<4$9+%*()+H$'&4B

@$>285#6(*#C(5#'.*,,5#6(./$(/$*C(%$'.%*5#.'

R%=B+
R%=B+NN+ R<)*(+84'>+<46(<'%*(6T+<4:)@%*=B

24:)@%*=+(84+;<)*(+84'>+<46(<'%*(6

— b)74<+(84+84'>+<46(<'%*(+%;+*4&466'<9+UM+K4'>+<46(<'%*(6L+W4((%*=6V B
— 3)+"*$)&JL+%*64<(+;$'(+)#A4&(6L+4B=B+H$'6(%&+&'<>6L+#4(744*+(84+#'&J<46(+&)@4<+'*>+(84+84'>+<4,
6(<'%*(+="%>4+H%*+&'H6+M+;%=B+N +78%$4+'+64&)*>+H4<6)*+H"$$6+(84+84'>+<46(<'%*(+'$$+(84+7'9+)"(B

D*6('$$%*=+(84+;<)*(+84'>+<46(<'%*(6

— !)6%(%)*+(84+84'>+<46(<'%*(+&)<<4&($9+'#)@4+(84+84'>+<46(<'%*(+="%>46+'*>+%*64<(+%*()+(84+="%>46
)*+(84+64'(+#'&J<46(B
— W$%>4+(84+84'>+<46(<'%*(+>)7*7'<>+"*(%$+%(+4*='=46+%*()+(84+="%>4+<)>6B
— .>A"6(+(84+84'>+<46(<'%*(+()+(84+&)<<4&(+H)6%(%)*B
R%=B+
R%=B+QQ+ 24'<+84'>+<46(<'%*(T+<4:)@%*=B

24:)@%*=+(84+<4'<+84'>+<46(<'%*(

— 24$4'64+(84+#'&J<46(+);+(84+<4'<+#4*&8+64'(+'*>+;)$>+;)<7'<>6B
— W$%>4+(84+84'>+<46(<'%*(+'$$+(84+7'9+"H7'<>+UM+K4'>+<46(<'%*(6L+W4((%*=6V B
— !<466+(84+#"(()*+M+;%=B+Q+ N +)*+(84+84'>+<46(<'%*(+="%>4B
— .(+(84+6':4+(%:4L+H<466+#"(()*+ Q +78%$4+'+64&)*>+H4<6)*+H"$$6+(84+84'>+<46(<'%*(+'$$+(84+7'9
)"(B
— R)$>+(84+<4'<+#4*&8+64'(+#'&J<46(+()7'<>+(84+<4'<+'*>+$)&J+%(+64&"<4$9+%*()+H$'&4B

D*6('$$%*=+(84+<4'<+84'>+<46(<'%*(

— 24$4'64+(84+#'&J<46(+);+(84+<4'<+#4*&8+64'(+'*>+;)$>+;)<7'<>6B
— !)6%(%)*+(84+84'>+<46(<'%*(+&)<<4&($9+'#)@4+(84+84'>+<46(<'%*(+="%>46+'*>+%*64<(+%*()+(84+="%>46
)*+(84+64'(+#'&J<46(B
— !"68+(84+84'>+<46(<'%*(+>)7*7'<>+78%$4+H<466%*=+(84+M+;%=B+Q+ Q +#"(()*B
— R)$>+(84+<4'<+#4*&8+64'(+#'&J<46(+()7'<>+(84+<4'<+'*>+$)&J+%(+64&"<4$9+%*()+H$'&4B
— .>A"6(+(84+84'>+<46(<'%*(+()+(84+&)<<4&(+H)6%(%)*B

F$*.(3+#9.52#'
)$>2%1(3+#9.52#

R%=B+
R%=B+NN+ G*+(84+)"(4<+6%>4+);+(84+><%@4<c6+64'(T+:4:)<9+#"(()*6B

)$>2%1(4+..2#'
-<%@4<+64'(+'*>+45(4<%)<+:%<<)<+64((%*=6+&'*+#4+6'@4>+'*>+&'$$4>+"H+"6%*=+(84+:4:)<9+#"(()*6B

F.2%5#6(./$(C%58$%&'('$*.(*#C($<.$%52%(>5%%2%('$..5#6'(32%(C%585#6
32%"*%C
— W4(+(84+4$4&(<)*%&+H'<J%*=+#<'J4B
— W8%;(+(84+(<'*6:%66%)*+()+*4"(<'$B
— W7%(&8+(84+%=*%(%)*+)*B
— .>A"6(+(84+><%@4<d6+64'(+'*>+45(4<%)<+:%<<)<B
— !<466+'*>+8)$>+(84+ +#"(()*+;)<+$)*=4<+(8'*+)*4+64&)*>+M+;%=B+N B
— !<466+(84+>46%<4>+:4:)<9+#"(()*+7%(8%*+'HH<)5%:'(4$9+(4*+64&)*>6B+.+&8%:4+7%$$+&)*;%<:+(8'(
(84+64((%*=6+74<4+6'@4>B

F.2%5#6(./$(3%2#.(=*''$#6$%&'(>5%%2%('$..5#6'(32%(C%585#6(5#
%$8$%'$
— W4(+(84+4$4&(<)*%&+H'<J%*=+#<'J4B
— W8%;(+(84+(<'*6:%66%)*+()+*4"(<'$B
— W7%(&8+(84+%=*%(%)*+)*B
— !<466+(84+>46%<4>+:4:)<9+#"(()*B
— W4$4&(+(84+<4@4<64+=4'<B
— .>A"6(+(84+;<)*(+H'664*=4<d6+45(4<%)<+:%<<)<+6)+(8'(+(84+4>=4+);+(84+&"<#+&'*+#4+644*+&$4'<$9L
;)<+45':H$4B

384+64$4&(4>+:%<<)<+H)6%(%)*+7%$$+#4+6()<4>+'"():'(%&'$$9+'*>+'66%=*4>+()+(84+@48%&$4+J49+(8'(+7'6
"64>+()+"*$)&J+(84+@48%&$4B
@$9*,,5#6(C%58$%&'('$*.(*#C($<.$%52%(>5%%2%('$..5#6'
— C84*+(84+@48%&$4+%6+6('(%)*'<9L+(84+%=*%(%)*+%6+67%(&84>+);;L+'*>+'+>))<+%6+)H4*L+H<466+(84+<4,
6H4&(%@4+:4:)<9+#"(()*+#<%4;$9B+.;(4<+'HH<)5%:'(4$9+(4*+:%*"(46L+(84+6()<4>+H)6%(%)*6+&'*+*)
$)*=4<+#4+'>A"6(4>+'"():'(%&'$$9B+384+'>A"6(:4*(+H<)&466+7%$$+#4+&'*&4$4>+%;+)*4+);+(84+:4:,
)<9+#"(()*6+%6+H<4664>+'='%*B
— G2T
G2T+784*+(84+%=*%(%)*+%6+67%(&84>+)*+)<+(84+>))<+%6+&$)64>L+H<466+'*>+8)$>+(84+<46H4&(%@4
:4:)<9+#"(()*+"*(%$+(84+6()<4>+H)6%(%)*+%6+<4'&84>B

384+;<)*(+H'664*=4<d6+45(4<%)<+:%<<)<+'"():'(%&'$$9+$4'@46+(84+H)6%(%)*+6()<4>+;)<+><%@%*=+%*+<4,
@4<64+)*&4+9)"+#4=%*+><%@%*=+;)<7'<>+'(+6H44>6+);+'(+$4'6(+NP+:H8+UN\+J:Y8V+)<+784*+9)"+("<*
(84+J*)#+;)<+(84+45(4<%)<+:%<<)<6+;<):+(84+2
2+H)6%(%)*+()+'*)(84<+H)6%(%)*B

D;+(84+><%@4<d6+>))<+%6+)H4*4>+:)<4+(8'*+'HH<)5%:'(4$9+(4*+:%*"(46+';(4<+(84+@48%&$4+%6
"*$)&J4>L+(84*+(84+><%@4<d6+64'(+'*>+(84+45(4<%)<+:%<<)<6+7%$$+*)(+#4+'>A"6(4>
'"():'(%&'$$9B

E2#8$#5$#.($#.%1(3+#9.52#
C84*+9)"+)H4*+(84+><%@4<+>))<L+(84+><%@4<+64'(+'"():'(%&'$$9+:)@46+()+'+H)6%(%)*+(8'(+4*'#$46
9)"+()+4*(4<+'*>+45%(+(84+@48%&$4+7%(8+4'64B
384+><%@4<+64'(+'"():'(%&'$$9+<4("<*6+()+%(6+)<%=%*'$+H)6%(%)*+)*&4+9)"+8'@4+&$)64>+(84+><%@4<+>))<
'*>+67%(&84>+)*+(84+%=*%(%)*B
384+;<)*(+64'(+&)*@4*%4*&4+4*(<9+;"*&(%)*+&'*+#4+4*'#$4>+'*>+>%6'#$4>+%*+(84+D*;)('%*:4*(
696(4:B

A%58$%(=$%'2#*,5V*.52#
F6%*=+(84+H4<6)*'$%?'(%)*+;"*&(%)*L+9)"+&'*+6'@4+'*>+<4&'$$+9)"<+H4<6)*'$+64'(+64((%*=6+%*+'*+'&,
&)"*(+UM+-<%@4<+H4<6)*'$%?'(%)*L+-46&<%H(%)*V B
.;(4<+(84+%=*%(%)*+%6+67%(&84>+);;+'*>+(84+@48%&$4+%6+$)&J4>L+(84+><%@4<c6+64'(+'*>+45(4<%)<+:%<<)<
64((%*=6+7%$$+#4+6'@4>+%*+'*+'&&)"*(B
384+><%@4<d6+64'(+'*>+45(4<%)<+:%<<)<+64((%*=6+7%$$+#4+<4&'$$4>+';(4<+(84+@48%&$4+%6+"*$)&J4>+'*>+(84
><%@4<d6+>))<+%6+)H4*4>B
384+64'(+7%$$+<4'&(+'6+;)$$)76+784*+'*+'&&)"*(+%6+64$4&(4>+)<+67%(&84>T
— X48%&$4+%6+6('(%)*'<9+)<+(<'@4$%*=+'(+*)+:)<4+(8'*+\+J:Y8+UO+:H8VT +384+64'(+7%$$+#4+:)@4>B+n)"
&'*+&'*&4$+(84+64'(+:)@4:4*(+#4;)<4+%(+&):H$4(46+#9+('HH%*=+(84+<46H4&(%@4+;"*&(%)*+J49+%*
(84+D*;)('%*:4*(+696(4:+)<+#9+H<466%*=+'+#"(()*+)*+(84+><%@4<d6+64'(B
— X48%&$4+%6+(<'@4$%*=+'(+:)<4+(8'*+\+J:Y8+UO+:H8VT +384+64'(+7%$$+*)(+#4+:)@4>B+.$$+)(84<+64(,
(%*=6+7%$$+#4+'HH$%4>B

W):4+64((%*=6+&'*+#4+6'@4>+%*+(84+><%@4<+H4<6)*'$%?'(%)*+"64<+H<);%$46+'*>+&8'*=4+'"(),
:'(%&'$$9+784*+H<);%$46+'<4+67%(&84>+UM+-<%@4<+H4<6)*'$%?'(%)*L+-46&<%H(%)*V B
E$#.$%(*%>%$'.

R%=B+
R%=B+NN+ R<)*(+&4*(4<+'<:<46(B

— 3)+$%;( T+!"$$+(84+&4*(4<+'<:<46(+"H+()+(84+>4(4*(6+%*+(84+>%<4&(%)*+);+(84+'<<)7+M+;%=B+N B
— 3)+$)74< T+!"$$+(84+&4*(4<+'<:<46(+"H+;"$$9B+384*+H<466+(84+&4*(4<+'<:<46(+>)7*B
— R)<4,'*>,';(+'>A"6(:4*( T+6$%>4+(84+&4*(4<+'<:<46(+%*+(84+>%<4&(%)*+);+(84+'<<)7+'$$+(84+7'9+;)<,
7'<>6+M+;%=B+N +)<+<4'<7'<>6B

C.2/D/0
D;+(84+;<)*(+&4*(4<+'<:<46(+%6+)H4*4>+'$$+(84+7'9+)<+*)(+&):H$4(4$9+&$)64>L+%(+&'*+$%:%(+(84+><%,
@4<c6+'#%$%(9+()+:)@4+8%6+)<+84<+'<:6L+78%&8+&'*+&'"64+'&&%>4*(6+'*>+64<%)"6+%*A"<%46B
● .$7'96+J44H+6()<'=4+&):H'<(:4*(6+&$)64>+78%$4+><%@%*=B
● /4@4<+'$$)7+'*+'>"$(+)<+&8%$>+()+<%>4+)*+(84+&4*(4<+'<:<46(B+38%6+%*&)<<4&(+64'(%*=+H)6%(%)*
&'*+&'"64+64<%)"6+%*A"<%46B
R%=B+
R%=B+QQ+ R)$>%*=+&4*(4<+'<:<46(+%*+(84+<4'<B

384<4+:'9+#4+'+;)$>%*=+'<:<46(+%*+(84+#'&J<46(+);+(84+<4'<+&4*(4<+64'(B
— 3)+;)$>+)"( T+H"$$+(84+$))H+%*+(84+>%<4&(%)*+);+(84+'<<)7+M+;%=B+N B
— 3)+;)$>+#'&J T+;)$>+(84+&4*(4<+'<:<46(+"H7'<>+%*+(84+)HH)6%(4+>%<4&(%)*+);+(84+'<<)7+M+;%=B+N
'*>+H<466+%(+'$$+(84+7'9+()7'<>+(84+64'(+#'&J<46(B

!'664*=4<6+:"6(+*)(+6%(+%*+(84+&4*(4<+<4'<+64'(+784*+(84+&4*(4<+'<:<46(+%6+;)$>4>+>)7*B

C.2/D/0
3)+<4>"&4+(84+<%6J+);+%*A"<%46+78%$4+><%@%*=L+(84+<4'<+&4*(4<+'<:<46(+:"6(+'$7'96+#4+;)$>4>+"HB
● D;+(84+&4*(4<+'<:<46(+%6+;)$>4>+>)7*L+(84+&4*(4<+<4'<+64'(+:"6(+*4@4<+#4+"64>+#9+4%(84<
'>"$(6+)<+&8%$><4*B+-)%*=+6)+7)"$>+&<4'(4+'*+%*&)<<4&(+64'(%*=+H)6%(%)*+(8'(+&)"$>+<46"$(+%*
64<%)"6+%*A"<%46B

)*''*6$(3+#9.52#
R%=B+
R%=B+NN+ D*+(84+$)74<+H'<(+);+(84+><%@4<+64'(T+a'66'=4+;"*&(%)*+#"(()*B

R)<+(84+:'66'=4+;"*&(%)*L+(84+$":#'<+6"HH)<(+:)@46+'*>+:'66'=46+(84+$":#'<+'<4'+);+9)"<
#'&JB
384+$":#'<+6"HH)<(+&"68%)*%*=+&'*+#4+%*>%@%>"'$$9+'>A"6(4>+>"<%*=+)H4<'(%)*+#9+H<466%*=+<4H4'(,
4>$9+)*+(84+&)<<46H)*>%*=+67%(&8+UM+W4((%*=6L+1$4&(<%&+;<)*(+64'(V B

F"5.9/5#6(./$(>*''*6$(3+#9.52#(2#(2%(233
3)+67%(&8+)*L+H"68+(84+ +#"(()*+%*+(84+64'(+&)*(<)$+H'*4$B+!<466+(84+ +#"(()*+'='%*+()+67%(&8
);;B
.;(4<+'<)"*>+(4*+:%*"(46+(84+:'66'=4+;"*&(%)*+67%(&846+);;+'"():'(%&'$$9B

C.2/D/0
D:H<)H4<+"64+);+64'(+;"*&(%)*6+&'*+&'"64+%*A"<%46B
● .66":4+(84+&)<<4&(+64'(%*=+H)6%(%)*+#4;)<4+H"$$%*=+'7'9+'*>+<4:'%*+(8'(+7'9+78%$4+><%@%*=B
38%6+'$6)+'HH$%46+()+'$$+H'664*=4<6B
● G*$9+67%(&8+(84+:'66'=4+;"*&(%)*+)*+'*>+);;+784*+(84+@48%&$4+%6+6('(%)*'<9B
● .$7'96+J44H+9)"<+8'*>6L+;%*=4<6L+;44(+'*>+)(84<+H'<(6+);+9)"<+#)>9+&$4'<+);+(84+'<4'+%*+78%&8
(84+64'(6+)H4<'(4+'*>+:)@4+>"<%*=+'>A"6(:4*(B

U56/.'

K+%#('56#*,'

F"5.9/5#6(./$(.+%#('56#*,'(2#(*#C(233
R%=B+
R%=B+NN+ G*+(84+$4;(+6%>4+);+(84+6(44<%*=+&)$":*T+("<*+6%=*'$+'*>+8%=8+#4':+$4@4<B

— W7%(&8+(84+%=*%(%)*+)*B
— a)@4+(84+("<*+6%=*'$+'*>+8%=8+#4':+$4@4<+;<):+(84+&4*(4<+H)6%(%)*+()+(84+;)$$)7%*=+H)6%(%)*
M+;%=B+N T
— . +2%=8(+("<*+6%=*'$+ B
— [ +b4;(+("<*+6%=*'$+ B

— a)@4+(84+("<*+6%=*'$+'*>+8%=8+#4':+$4@4<+#'&J+()+(84+)<%=%*'$+H)6%(%)*+()+("<*+);;+(84+("<*
6%=*'$B

D;+(84<4+%6+*)+6)"*>+784*+(84+("<*+6%=*'$+%6+)*L+&)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'",
(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+'*>+8'@4+(84+@48%&$4+%*6H4&(4>B

^M4,5#0(.+%#('56#*,(
^M4,5#0(.+%#('56#*,(H92#8$#5$#9$(5#C59*.5#6I
H92#8$#5$#9$(5#C59*.5#6I
3)+"64+(84+O,#$%*J+("<*+6%=*'$+U&)*@4*%4*&4+%*>%&'(%*=VL+H<466+(84+("<*+6%=*'$+'*>+8%=8+#4':+$4@4<
"H7'<>+)<+>)7*7'<>+()+(84+H<466"<4+H)%*(+'*>+(84*+<4$4'64+(84+$4@4<B+384+("<*+6%=*'$+7%$$+#$%*J
(8<44+(%:46B
3)+6()H+(84+O,#$%*J+("<*+6%=*'$+U&)*@4*%4*&4+%*>%&'(%*=V+#4;)<4+%(+4*>6L+H<466+(84+("<*+6%=*'$+'*>
8%=8+#4':+$4@4<+%::4>%'(4$9+()+(84+H<466"<4+H)%*(+%*+(84+)HH)6%(4+>%<4&(%)*+'*>+<4$4'64B
384+O,#$%*J+("<*+6%=*'$+U&)*@4*%4*&4+%*>%&'(%*=V+&'*+#4+'&(%@'(4>+'*>+>4'&(%@'(4>+%*+(84+@48%&$4
64((%*=6+%*+(84+D*;)('%*:4*(+696(4:+UM+X48%&$4+64((%*=6+:4*"L+GH4<'(%)*V B

C.2/D/0
F6%*=+(84+("<*+6%=*'$6+%*&)<<4&($9L+*)(+"6%*=+(84+("<*+6%=*'$6L+)<+;)<=4((%*=+()+("<*+(84+("<*+6%=,
*'$+);;+&'*+:%6$4'>+)(84<+<)'>+"64<6B+38%6+&'*+&'"64+'&&%>4*(6+'*>+64<%)"6+%*A"<%46B
● .$7'96+"64+(84+("<*+6%=*'$6+&)<<4&($9+784*+&8'*=%*=+$'*46L+H'66%*=L+)<+("<*%*=B
● W7%(&8+(84+("<*+6%=*'$+);;+'='%*+)*&4+9)"+8'@4+;%*%684>+&8'*=%*=+$'*46L+H'66%*=L+)<+("<*%*=B
384+4:4<=4*&9+;$'684<6+'$6)+7)<J+784*+(84+%=*%(%)*+%6+67%(&84>+);;+UM+D*+&'64+);+'*
4:4<=4*&9L+-46&<%H(%)*V B

W):4+64((%*=6+&'*+#4+6'@4>+%*+(84+><%@4<+H4<6)*'$%?'(%)*+"64<+H<);%$46+'*>+7%$$+&8'*=4
784*+(84+"64<+H<);%$4+%6+67%(&84>+UM+-<%@4<+H4<6)*'$%?'(%)*L+-46&<%H(%)*V B

L$*C,56/.'

F"5.9/5#6(./$(,56/.'(2#(*#C(233

R%=B+
R%=B+NN+ /45(+()+(84+6(44<%*=+7844$T+["(()*+()+67%(&8+)*+(84+45(4<%)<+$%=8(%*=B

F"5.9/5#6(./$(,56/.'(2#
— W7%(&8+(84+%=*%(%)*+)*B
— 3'H+(84+ +#"(()*+<4H4'(4>$9+"*(%$+(84+&)<<46H)*>%*=+%*>%&'()<+$%=8(6+&):4+)*T

."():'(%&+84'>$%=8(6T+384+$)7+#4':+84'>$%=8(6+'<4+67%(&84>+)*+)<+);;+>4H4*>%*=+)*+(84
':#%4*(+#<%=8(*466+M+W7%(&8%*=+(84+$%=8(6+)*+'*>+);; L+UM+15(4<%)<+$%=8(%*=L+R"*&(%)*V B

!'<J%*=+$%=8(+67%(&84>+)*L+(84+=<44*+%*>%&'()<+$%=8(+("<*6+)*B+R<):+'+6H44>+);+'<)"*>
NP+J:Y8+U]+:H8V+(84+'"():'(%&+84'>$%=8(6+ +'<4+'&(%@'(4>+'"():'(%&'$$9B

384+$)7+#4':+84'>$%=8(6+'<4+67%(&84>+)*B+384+=<44*+%*>%&'()<+$%=8(+("<*6+)*B
-%6H$'9+)*$9+%*+%*6(<":4*(+&$"6(4<T+b%=8(+67%(&84>+);;B+R<):+'+6H44>+);+'<)"*>+NP+J:Y8
U]+:H8V+)<+';(4<+><%@%*=+'<)"*>+NPP+:+UNNP+9>V+(84+'"():'(%&+84'>$%=8(6+ +'<4+'&(%@'(4>B

F"5.9/5#6(./$(,56/.'(233
— W7%(&8+(84+%=*%(%)*+);;B

384+gb4'@%*=+8):4h+;"*&(%)*+U)<%4*('(%)*+$%=8(%*=V+&'*+#4+67%(&84>+)*+UM+15%(+$%=8(%*=+'*>
4*(<9+$%=8(%*=+U)<%4*('(%)*+$%=8(%*=VL+-46&<%H(%)*V B

384+H'<J%*=+$%=8(6+)<+&)*(%*")"6+H'<J%*=+$%=8(+)*+#)(8+6%>46+);+(84+@48%&$4+'<4+67%(&84>+)*B
384+=<44*+%*>%&'()<+$%=8(+("<*6+)*B
-%6H$'9+)*$9+%*+%*6(<":4*(+&$"6(4<T+b%=8(+67%(&84>+);;B

A*1.5>$(%+##5#6(,56/.'
384+>'9(%:4+<"**%*=+$%=8(6+&'*+%*&<4'64+(84+@%6%#%$%(9+);+9)"<+@48%&$4+%*+(<';;%&+>"<%*=+(84+>'9(%:4B
384+>'9(%:4+<"**%*=+$%=8(6+67%(&8+)*+4@4<9+(%:4+(84+%=*%(%)*+%6+67%(&84>+)*+U784*+>'9$%=8(+%6+>4,
(4&(4>VB
.(+'+6H44>+);+'<)"*>+NP+J:Y8+U]+:H8V+)<+:)<4+(84+>'9(%:4+<"**%*=+$%=8(6+&'**)(+#4+:'*"'$$9
67%(&84>+)*+)<+);;B

C.2/D/0
.&&%>4*(6+'*>+64<%)"6+%*A"<%46+:'9+)&&"<+%;+(84+<)'>+%6+*)(+74$$+$%(+'*>+(84+@48%&$4+&'**)(+#4
644*+#9+)(84<6+)*+(84+<)'>L+)<+%6+@4<9+>%;;%&"$(+()+644B
● 384+$%=8(+'66%6('*&4+696(4:6+'<4+)*$9+'%>6B+384+><%@4<+%6+'$7'96+<46H)*6%#$4+;)<+("<*%*=+)*+(84
&)<<4&(+@48%&$4+$%=8(%*=B
● .$7'96+("<*+)*+(84+$)7+#4':+84'>$%=8(6+%*+(84+>'<JL+%*+(84+;)=L+'*>+784*+@%6%#%$%(9+%6+H))<B

C.2/D/0
384+H'<J%*=+$%=8(6+)<+>'9(%:4+<"**%*=+$%=8(6+'<4+*)(+#<%=8(+4*)"=8+()+%$$":%*'(4+(84+<)'>+6";;%,
&%4*($9+'*>+()+#4+644*+#9+)(84<+<)'>+"64<6B
● .$7'96+("<*+)*+(84+$)7+#4':+84'>$%=8(6+%*+(84+>'<JL+%*+(84+;)=L+'*>+784*+@%6%#%$%(9+%6+H))<B
● 384+('%$$%=8(6+>)+*)(+67%(&8+)*+7%(8+(84+>'9(%:4+<"**%*=+$%=8(6B+.+@48%&$4+7%(8)"(+%(6+('%$,
$%=8(6+("<*4>+)*+:'9+*)(+#4+644*+#9+)(84<+<)'>+"64<6+%*+(84+>'<JL+%*+(84+;)=L+'*>+784*+@%6%,
#%$%(9+%6+H))<B

C.2/D/0
."():'(%&+84'>$%=8(+&)*(<)$+ +)*$9+("<*6+(84+$)7+#4':+84'>$%=8(6+)*+'*>+);;+784*+(84<4+'<4
&8'*=46+%*+#<%=8(*466B
● 3"<*+)*+(84+$)7+#4':+84'>$%=8(6+:'*"'$$9+%*+&4<('%*+74'(84<+&)*>%(%)*6L+6"&8+'6+%*+;)=B

C84*+<4@4<64+=4'<+%6+4*='=4>L+(84+&)<*4<%*=+$%=8(6+)*+#)(8+6%>46+);+(84+@48%&$4+7%$$+("<*
)*+'"():'(%&'$$9+()+#4((4<+%$$":%*'(4+(84+6"<<)"*>%*=6+78%$4+:'*4"@4<%*=B

F"5.9/5#6(2#(*#C(233(./$(%$*%(326(,56/.

384+<4'<+;)=+$%=8(6+&'*+#4+67%(&84>+)*+784*+(84+%=*%(%)*+%6+)*+UM+b)7+#4':+84'>$%=8(L
GH4<'(%)*V T
— W7%(&8%*=+)*+(84+<4'<+;)=+$%=8(T
W7%(&8%*=+)*+(84+<4'<+;)=+$%=8(T+!<466+(84+ +#"(()*B+384+%*>%&'()<+$%=8(+%*+(84+#"(()*+("<*6
)*B+384+94$$)7+%*>%&'()<+$%=8(+ +%*+(84+%*6(<":4*(+&$"6(4<+'$6)+&):46+)*B
— 3)+67%(&8+);;+(84+<4'<+;)=+$%=8(L+H<466+(84+#"(()*+'='%*B

D;+(84+<4'<+;)=+$%=8(+%6+67%(&84>+)*+784*+(84+$%=8(+%6+);;+ L+(84+H'<J%*=+$%=8(+%6+)*+ +)<


(84+'"():'(%&+84'>$%=8(6+ +'<4+)*L+(84+$)7+#4':+84'>$%=8(6+7%$$+'$6)+#4+67%(&84>+)*L
<4='<>$466+);+(84+':#%4*(+#<%=8(*466B

D*+@48%&$46+7%(8+'+;'&()<9,%*6('$$4>+(<'%$4<+8%(&8
(<'%$4<+8%(&8T+(84+<4'<+;)=+$%=8(6+)*+(84+@48%&$4+7%$$
*)(+("<*+)*+%;+'+(<'%$4<+7%(8+<4'<+;)=+$%=8(6+%6+&)**4&(4>+()+(84+@48%&$4B

F"5.9/5#6(./$(=22%("$*./$%(,56/.'(2#(*#C(233

!))<+74'(84<+$%=8(6+84$H+9)"+()+%$$":%*'(4+(84+&'<<%'=47'9+:)<4+4;;4&(%@4$9+784*+@%6%#%$%(9+%6
H))<B
384+H))<+74'(84<+$%=8(6+&'*+#4+67%(&84>+)*+784*+(84+%=*%(%)*+%6+67%(&84>+)*T
— W7%(&8%*=+)*+(84+H))<+74'(84<+$%=8(6+ T +!<466+(84+ +#"(()*+UM+b)7+#4':+84'>$%=8(L
GH4<'(%)*V B+384+=<44*+%*>%&'()<+$%=8(+%*+(84+#"(()*+("<*6+)*B+384+ +%*>%&'()<+$%=8(+7%$$+'$6)
$%=8(+"H+)*+(84+%*6(<":4*(+&$"6(4<+;)<+'+;47+64&)*>6B
— !<466+(84+#"(()*+'='%*+()+67%(&8+(84:+);;B

U56/.(3+#9.52#'

O*%05#6(,56/.'
D;+(84+ +H'<J%*=+$%=8(+;"*&(%)*+%6+67%(&84>+)*L+#)(8+84'>$%=8(6+7%$$+("<*+)*+'$)*=+7%(8+(84+H'<J,
%*=+$%=8(6L+64&(%)*6+);+(84+('%$$%=8(6L+(84+$%&4*64+H$'(4+$%=8(%*=L+'*>+(84+#"(()*6+%*+(84+&4*(4<+&)*,
6)$4+'*>+%*+(84+%*6(<":4*(+H'*4$B+384+'"():'(%&+84'>$%=8(6+'<4+'&(%@'(4>+;<):+'+6H44>+);+'HH<)5,
%:'(4$9+NP+J:Y8+U]+:H8VB

:+.2>*.59(/$*C,56/.(92#.%2,(
D;+'"():'(%&+84'>$%=8(6+'<4+67%(&84>+)*L+(84+@48%&$4+$%=8(%*=+67%(&846+)*+'*>+);;+'"():'(%&'$$9
'$)*=+7%(8+(84+%*6(<":4*(+%$$":%*'(%)*+"*>4<+(84+;)$$)7%*=+&)*>%(%)*6T
— 384+$%=8(+64*6)<+8'6+>4(4&(4>+>'<J*466B
— 384+7%*>68%4$>+7%H4<6+'<4+67%(&84>+)*+;)<+'+$)*=+(%:4B

C84*+(84+$%=8(6+'<4+("<*4>+)*L+(84+94$$)7+%*>%&'()<+$%=8(+("<*6+)*B
."():'(%&+84'>$%=8(+&)*(<)$+%6+:4<4$9+'*+'%>+'*>+&'**)(+'$7'96+'&&"<'(4$9+>4(4&(+'$$+><%@%*=
6%("'(%)*6B
D;+(84+@48%&$4+%6+4I"%HH4>+'&&)<>%*=$9L+(84+'&(%@'(%)*+(%:4+);+(84+'"():'(%&+84'>$%=8(6+&'*+#4+'>,
A"6(4>+%*+(84+@48%&$4+64((%*=6+%*+(84+D*;)('%*:4*(+696(4:+UM+X48%&$4+64((%*=6+:4*"L+GH4<'(%)*V B
E2%#$%5#6(,56/.'
D;+(84+$)7+#4':+84'>$%=8(6+'<4+67%(&84>+)*L+'+&)<*4<%*=+$%=8(+7%$$+'$6)+67%(&8+)*+>"<%*=+6$)7
("<*6+)<+%*+@4<9+(%=8(+&)<*4<6B

A1#*>59(92%#$%5#6(,56/.'(
A1#*>59(92%#$%5#6(,56/.'(H:?FI
H:?FI
384+>9*':%&+&)<*4<%*=+$%=8(6+H<)@%>4+)H(%:":+%$$":%*'(%)*+);+(84+<)'>7'9B+384+>9*':%&+&)<*4<,
%*=+$%=8(+)*$9+7)<J6+784*+(84+'"():'(%&+84'>$%=8(6+ +'<4+67%(&84>+)*+'*>+'(+6H44>6+);+:)<4
(8'*+'HH<)5%:'(4$9+NP+J:Y8+U]+:H8VB

-*%#5#6(.2#$'("/$#(,56/.'(*%$(#2.(.+%#$C(233
D;+(84+%=*%(%)*+8'6+#44*+67%(&84>+);;+'*>+(84+><%@4<+>))<+%6+)H4*4>L+7'<*%*=+()*46+7%$$+6)"*>+"*,
>4<+(84+;)$$)7%*=+&)*>%(%)*6T
— C%(8+(84+H'<J%*=+$%=8(6+67%(&84>+)*B
— C%(8+(84+6%>4+$%=8(6+67%(&84>+)*+ B

D;+(84+gE):%*=+8):4h+;"*&(%)*+%6+67%(&84>+)*L+(84+7'<*%*=+()*4+()+%*>%&'(4+(8'(+(84+$%=8(6+'<4
6(%$$+("<*4>+)*+7%$$+*)(+6)"*>+784*+$4'@%*=+(84+@48%&$4B

W):4+64((%*=6+&'*+#4+6'@4>+%*+(84+><%@4<+H4<6)*'$%?'(%)*+"64<+H<);%$46+'*>+7%$$+&8'*=4
784*+(84+"64<+H<);%$4+%6+67%(&84>+UM+-<%@4<+H4<6)*'$%?'(%)*L+-46&<%H(%)*V B

F"5.9/5#6(./$(/56/(4$*>(/$*C,56/.'(2#(*#C(233

R%=B+
R%=B+NN+ G*+(84+$4;(+6%>4+);+(84+6(44<%*=+&)$":*T+("<*+6%=*'$+'*>+8%=8+#4':+$4@4<B

— W7%(&8+(84+%=*%(%)*+'*>+(84+$)7+#4':+84'>$%=8(6+)*B
— a)@4+(84+("<*+6%=*'$+'*>+8%=8+#4':+$4@4<+;<):+(84+&4*(4<+H)6%(%)*+()+(84+;)$$)7%*=+H)6%(%)*
M+;%=B+N T
— . + +K%=8+#4':+84'>$%=8(6+67%(&84>+)*B
— [ +.&(%@'(4+(84+84'>$%=8(+;$'684<6+)<+("<*+);;+(84+8%=8+#4':+84'>$%=8(6B+384+84'>$%=8(
;$'684<6 +7%$$+6('9+)*+'6+$)*=+'6+(84+$4@4<+%6+H"$$4>B

D;+(84+8%=8+#4':+84'>$%=8(6+)<+84'>$%=8(+;$'684<6+'<4+("<*4>+)*L+(84+#$"4+ +%*>%&'()<+$%=8(+7%$$+#4
)*+%*+(84+%*6(<":4*(+&$"6(4<B

U56/.(:''5'.
-4H4*>%*=+)*+(84+4I"%H:4*(L+8%=8+#4':+&)*(<)$+Ub%=8(+.66%6(V+:'9+#4+'@'%$'#$4+UM+K%=8+#4':
&)*(<)$+Ub%=8(+.66%6(V+U6('(%&VL+-46&<%H(%)*V +UM+K%=8+#4':+&)*(<)$+Ub%=8(+.66%6(V+U>9*':%&VL+-46&<%H,
(%)*V B

C.2/D/0
F6%*=+(84+8%=8+#4':+84'>$%=8(6+%*&)<<4&($9+&'*+&'"64+'&&%>4*(6+'*>+64<%)"6+%*A"<%46L+#4&'"64
(84+8%=8+#4':6+&'*+>%6(<'&(+'*>+&<4'(4+=$'<4+;)<+)(84<+><%@4<6B

U56/.(:''5'.

b%=8(+.66%6(+67%(&846+);;+'"():'(%&'$$9+%;+(84+696(4:+>4(4&(6+)*&):%*=+@48%&$46+)<+@48%&$46+><%,
@%*=+'84'>B+b%=8(+.66%6(+=4*4<'$$9+>4(4&(6+74$$,$%(+'<4'6+6"&8+'6+()7*6+'*>+>4'&(%@'(46+(84+8%=8
#4':+84'>$%=8(6+784*+><%@%*=+(8<)"=8+(8464+'<4'6B
384+8%=8+#4':+84'>$%=8(6+67%(&8+)*+'*>+);;+'"():'(%&'$$9+7%(8%*+(84+$%:%(6+);+(84+696(4:L+>4,
H4*>%*=+)*+(84+4*@%<)*:4*('$+'*>+(<';;%&+&)*>%(%)*6+'*>+(84+@48%&$4+6H44>+M+b%=8(+.66%6( B
-4H4*>%*=+)*+@48%&$4+4I"%H:4*(L+%(+:'9+#4+H)66%#$4+()+'&(%@'(4+'*>+>4'&(%@'(4+b%=8(+.66%6(+%*+(84
@48%&$4+64((%*=6+%*+(84+D*;)('%*:4*(+696(4:+UM+X48%&$4+64((%*=6+:4*"L+GH4<'(%)*V B

(F"5.9/5#6(2#(U56/.(:''5'.
— W7%(&8+)*+(84+%=*%(%)*+'*>+(84+'"():'(%&+84'>$%=8(+&)*(<)$+ B
— 3'H+(84+("<*+6%=*'$+'*>+8%=8+#4':+$4@4<+;)<7'<>+)"(+);+(84+#'64+H)6%(%)*B

C84*+b%=8(+.66%6(+%6+67%(&84>+)*L+(84+ +%*>%&'()<+$%=8(+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9+7%$$+("<*
)*B+C84*+8%=8+#4':+&)*(<)$+Ub%=8(+.66%6(V+%6+'&(%@4L+(84+#$"4+ +%*>%&'()<+$%=8(+;)<+(84+8%=8+#4':
%*+(84+%*6(<":4*(+&$"6(4<+&):46+)*B

F$..5#6(./$(>*5#M4$*>(92#.%2,('$#'5.585.1
-4H4*>%*=+)*+(84+&)"*(<9L+(84+:'%*,#4':+&)*(<)$+64*6%(%@%(9+&'*+#4+64(+%*+(7)+6('=46T
— D*&<4'6%*=+(84+64*6%(%@%(9T +!"$$+(84+("<*+6%=*'$+'*>+:'%*+#4':+$4@4<+;<):+%(6+)<%=%*'$+H)6%(%)*L
;)<7'<>6L+'*>+8)$>+%(+%*+(8%6+H)6%(%)*+;)<+'<)"*>+N\+64&)*>6B+384+ +%*>%&'()<+$%=8(+%*+(84+%*,
6(<":4*(+&$"6(4<+;$'6846+(8<44+(%:46+()+&)*;%<:B
— W4(+64*6%(%@%(9+#'&J+()+%(6+6('*>'<>+64((%*=T +!"$$+(84+("<*+6%=*'$+'*>+:'%*+#4':+$4@4<+;<):+%(6
)<%=%*'$+H)6%(%)*L+;)<7'<>6L+'*>+8)$>+%(+%*+(8%6+H)6%(%)*+;)<+'<)"*>+N\+64&)*>6B+384+ +%*>%&'()<
$%=8(+%*+(84+%*6(<":4*(+&$"6(4<+;$'6846+(8<44+(%:46+U#<%4;$9V+()+&)*;%<:B+G2T
G2T+W7%(&8+(84+%=*%(%)*
);;+'*>+)*+'='%*B

F"5.9/5#6(233(U56/.(:''5'.
— W7%(&8+);;+'"():'(%&+84'>$%=8(+&)*(<)$+ B
— G2T
G2T+784*+b%=8(+.66%6(+%6+67%(&84>+)*+'*>+'&(%@4T+H"$$+(84+("<*+6%=*'$+'*>+8%=8+#4':+$4@4<
#'&J7'<>B
— G2T
G2T+784*+b%=8(+.66%6(+%6+67%(&84>+)*+'*>+*)(
*)(+'&(%@4T+('H+(84+("<*+6%=*'$+'*>+8%=8+#4':+$4@4<
;)<7'<>+()+67%(&8+(84+8%=8+#4':6+)*+:'*"'$$9B+!"$$+(84+("<*+6%=*'$+'*>+8%=8+#4':+$4@4<+#'&J,
7'<>+()+67%(&8+(84+8%=8+#4':6+);;+:'*"'$$9+%;+*4&466'<9B
— G2T
G2T+67%(&8+(84+%=*%(%)*+);;B

F1'.$>(,5>5.*.52#'
384+8%=8+#4':6+:"6(+#4+67%(&84>+);;+:'*"'$$9+%*+(84+;)$$)7%*=+6%("'(%)*6L+#4&'"64+b%=8(+.66%6(
:'9+*)(+67%(&8+(84:+);;+'(+(84+<%=8(+(%:4+)<+'(+'$$T
— G*+H))<$9+$%(+<)'>6+7%(8+6(<)*=$9+<4;$4&(%@4+6%=*6B
— D;+(84<4+'<4+)(84<6+)*+(84+<)'>+78)+8'@4+%*'>4I"'(4+$%=8(%*=L+6"&8+'6+H4>46(<%'*6+)<+&9&$%6(6B
— G*+(%=8(+&"<@46+784<4+(84+@%47+);+(<';;%&+%6+H'<(%'$$9+)#6(<"&(4>L+)*+6(44H+<%646L+)<+%*+>%H6B
— C84*+(84<4+'<4+)*&):%*=+@48%&$46+)*+<)'>6+7%(8+'+&4*(4<+#'<<%4<+'*>+(84+><%@4<6+%*+(84+)*,
&):%*=+@48%&$4+&'*+&$4'<$9+644+'#)@4+(84+#'<<%4<L+;)<+45':H$4+(<"&J+><%@4<6B
— D*+;)=L+6*)7L+'*>+84'@9+<'%*B
— C84*+(84<4+'<4+>"6(+'*>+6'*>+%*+(84+'%<B
— D;+(84+7%*>68%4$>+%6+>':'=4>+%*+(84+&':4<'d6+;%4$>+);+@%6%)*B
— D;+(84+&':4<'+@%6"'$+;%4$>+%6+;)==4>+)@4<L+>%<(9L+)<+&)@4<4>+#9+'+6(%&J4<L+6*)7L+)<+%&4B
— D;+(84+&':4<'+%6+:'$;"*&(%)*%*=+'*>+(84+H)74<+6"HH$9+%6+%*(4<<"H(4>B

C.2/D/0
-)+*)(+'$$)7+(84+%*&<4'64>+&)*@4*%4*&4+H<)@%>4>+#9+(84+b%=8(+.66%6(+()+(4:H(+9)"+%*()+('J%*=
<%6J6B+384+696(4:+&'**)(+<4H$'&4+(84+><%@4<d6+'((4*(%)*B
● .$7'96+#4+H<4H'<4>+()+&)*(<)$+(84+84'>$%=8(6+9)"<64$;+'*>+()+'>'H(+()+(84+$%=8(%*=L+@%6"'$L
'*>+(<';;%&+&)*>%(%)*6B
● b%=8(+.66%6(+:'9+*)(+>4(4&(+'$$+(<';;%&+6%("'(%)*6+&)<<4&($9+'*>+(84+;"*&(%)*+:'9+#4+<46(<%&(4>
%*+&4<('%*+6%("'(%)*6B
● D;+(84+&':4<'+$4*6+%6+>%<(9L+&)@4<4>L+)<+>':'=4>L+(84+b%=8(+.66%6(+;"*&(%)*+:'9+#4+$%:%(4>B
38%6+%6+'$6)+(84+&'64+%;+(84+@48%&$4+$%=8(%*=+696(4:+%6+&8'*=4>L+6"&8+'6+#9+'>>%*=+'>>%(%)*'$
84'>$%=8(6B
/G3DE1
3)+'@)%>+%:H'%<%*=+(84+;"*&(%)*+);+(84+696(4:L+*)(4+(84+;)$$)7%*=+H)%*(6T
● 384+&':4<'+@%47+'<4'+68)"$>+#4+&$4'*4>+<4="$'<$9+'*>+J4H(+;<44+);+6*)7+'*>+%&4B
● -)+*)(+&)@4<+(84+&':4<'+@%47+'<4'B
● 24="$'<$9+&84&J+(84+7%*>68%4$>+;)<+>':'=4+%*+(84+&':4<'+$4*6+'<4'B

G#A4&(6+(8'(+=%@4+);;+$%=8(L+6"&8+'6+:)#%$4+*'@%='(%)*+"*%(6L+&'*+%:H'%<+(84+b%=8(+.66%6(
;"*&(%)*+%;+(849+'<4+H$'&4>+%*+(84+'<4'+:)*%()<4>+#9+(84+&':4<'B

:C8*#9$C(/56/(4$*>(92#.%2,(HA1#*>59(U56/.(:''5'.I

.>@'*&4>+8%=8+#4':+&)*(<)$+U-9*':%&+b%=8(+.66%6(V+$%=8(6+"H+(84+<)'>+'*>+%(6+4>=4+'<4'+'6+:"&8
'6+H)66%#$4B+.(+(84+6':4+(%:4L+%(+'@)%>6+>'??$%*=+(<';;%&+'84'>+)<+)*&):%*=+(<';;%&B+384+696(4:
"646+'+&':4<'+()+>4(4&(+)(84<+<)'>+"64<6+'*>+(84%<+>%6('*&4+;<):+9)"<+@48%&$4+'*>+6H4&%;%&'$$9
:'6J6+H'<(+);+(84+84'>$%=8(B+D;+%(+%6+*)+$)*=4<+H)66%#$4+()+H<4@4*(+'*)(84<+<)'>+"64<+;<):+#4%*=
>'??$4>L+(84+8%=8+#4':+%6+'"():'(%&'$$9+67%(&84>+);;B
384+8%=8+#4':+84'>$%=8(6+67%(&8+)*+'*>+);;+'"():'(%&'$$9+7%(8%*+(84+$%:%(6+);+(84+696(4:L+>4,
H4*>%*=+)*+(84+4*@%<)*:4*('$+'*>+(<';;%&+&)*>%(%)*6+'*>+(84+@48%&$4+6H44>+M+.>@'*&4>+8%=8
#4':+&)*(<)$+U-9*':%&+b%=8(+.66%6(V B
-4H4*>%*=+)*+@48%&$4+4I"%H:4*(L+%(+:'9+#4+H)66%#$4+()+'&(%@'(4+'*>+>4'&(%@'(4+b%=8(+.66%6(+%*+(84
@48%&$4+64((%*=6+%*+(84+D*;)('%*:4*(+696(4:+UM+X48%&$4+64((%*=6+:4*"L+GH4<'(%)*V B

(F"5.9/5#6(2#(*C8*#9$C(/56/(4$*>(92#.%2,(
(F"5.9/5#6(2#(*C8*#9$C(/56/(4$*>(92#.%2,(HA1#*>59(U56/.
HA1#*>59(U56/.
:''5'.I
— W7%(&8+)*+(84+%=*%(%)*+'*>+(84+'"():'(%&+84'>$%=8(+&)*(<)$+ B
— 3'H+(84+("<*+6%=*'$+'*>+8%=8+#4':+$4@4<+;)<7'<>+)"(+);+(84+#'64+H)6%(%)*B

C84*+b%=8(+.66%6(+%6+67%(&84>+)*L+(84+ +%*>%&'()<+$%=8(+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9+7%$$+("<*
)*B+C84*+8%=8+#4':+&)*(<)$+Ub%=8(+.66%6(V+%6+'&(%@4L+(84+#$"4+ +%*>%&'()<+$%=8(+;)<+(84+8%=8+#4':
%*+(84+%*6(<":4*(+&$"6(4<+&):46+)*B

F"5.9/5#6(233(*C8*#9$C(/56/(4$*>(92#.%2,(
F"5.9/5#6(233(*C8*#9$C(/56/(4$*>(92#.%2,(HA1#*>59(U56/.(:''5'.I
HA1#*>59(U56/.(:''5'.I
— W7%(&8+);;+'"():'(%&+84'>$%=8(+&)*(<)$+ B
— G2T
G2T+784*+b%=8(+.66%6(+%6+67%(&84>+)*+'*>+'&(%@4T+H"$$+(84+("<*+6%=*'$+'*>+8%=8+#4':+$4@4<
#'&J7'<>B
— G2T
G2T+784*+b%=8(+.66%6(+%6+67%(&84>+)*+'*>+*)(
*)(+'&(%@4T+('H+(84+("<*+6%=*'$+'*>+8%=8+#4':+$4@4<
;)<7'<>+()+67%(&8+(84+8%=8+#4':6+)*+:'*"'$$9B+!"$$+(84+("<*+6%=*'$+'*>+8%=8+#4':+$4@4<+#'&J,
7'<>+()+67%(&8+(84+8%=8+#4':6+);;+:'*"'$$9+%;+*4&466'<9B
— G2T
G2T+67%(&8+(84+%=*%(%)*+);;B

F1'.$>(,5>5.*.52#'
384+8%=8+#4':6+:"6(+#4+67%(&84>+);;+:'*"'$$9+%*+(84+;)$$)7%*=+6%("'(%)*6L+#4&'"64+b%=8(+.66%6(
:'9+*)(+67%(&8+(84:+);;+'(+(84+<%=8(+(%:4+)<+'(+'$$T
— G*+H))<$9+$%(+<)'>6+7%(8+6(<)*=$9+<4;$4&(%@4+6%=*6B
— D;+(84<4+'<4+)(84<6+)*+(84+<)'>+78)+8'@4+%*'>4I"'(4+$%=8(%*=L+6"&8+'6+H4>46(<%'*6+)<+&9&$%6(6B
— G*+(%=8(+&"<@46+784<4+(84+@%47+);+(<';;%&+%6+H'<(%'$$9+)#6(<"&(4>L+)*+6(44H+<%646L+)<+%*+>%H6B
— C84*+(84<4+'<4+)*&):%*=+@48%&$46+)*+<)'>6+7%(8+'+&4*(4<+#'<<%4<+'*>+(84+><%@4<6+%*+(84+)*,
&):%*=+@48%&$4+&'*+&$4'<$9+644+'#)@4+(84+#'<<%4<L+;)<+45':H$4+(<"&J+><%@4<6B
— D*+;)=L+6*)7L+'*>+84'@9+<'%*B
— C84*+(84<4+'<4+>"6(+'*>+6'*>+%*+(84+'%<B
— D;+(84+7%*>68%4$>+%6+>':'=4>+%*+(84+&':4<'d6+;%4$>+);+@%6%)*B
— D;+(84+&':4<'+@%6"'$+;%4$>+%6+;)==4>+)@4<L+>%<(9L+)<+&)@4<4>+#9+'+6(%&J4<L+6*)7L+)<+%&4B
— D;+(84+&':4<'+%6+:'$;"*&(%)*%*=+'*>+(84+H)74<+6"HH$9+%6+%*(4<<"H(4>B

C.2/D/0
-)+*)(+'$$)7+(84+%*&<4'64>+&)*@4*%4*&4+H<)@%>4>+#9+(84+b%=8(+.66%6(+()+(4:H(+9)"+%*()+('J%*=
<%6J6B+384+696(4:+&'**)(+<4H$'&4+(84+><%@4<d6+'((4*(%)*B
● .$7'96+#4+H<4H'<4>+()+&)*(<)$+(84+84'>$%=8(6+9)"<64$;+'*>+()+'>'H(+()+(84+$%=8(%*=L+@%6"'$L
'*>+(<';;%&+&)*>%(%)*6B
● b%=8(+.66%6(+:'9+*)(+>4(4&(+'$$+(<';;%&+6%("'(%)*6+&)<<4&($9+'*>+(84+;"*&(%)*+:'9+#4+<46(<%&(4>
%*+&4<('%*+6%("'(%)*6B
● D;+(84+&':4<'+$4*6+%6+>%<(9L+&)@4<4>L+)<+>':'=4>L+(84+b%=8(+.66%6(+;"*&(%)*+:'9+#4+$%:%(4>B
38%6+%6+'$6)+(84+&'64+%;+(84+@48%&$4+$%=8(%*=+696(4:+%6+&8'*=4>L+6"&8+'6+#9+'>>%*=+'>>%(%)*'$
84'>$%=8(6B

/G3DE1
3)+'@)%>+%:H'%<%*=+(84+;"*&(%)*+);+(84+696(4:L+*)(4+(84+;)$$)7%*=+H)%*(6T
● 384+&':4<'+@%47+'<4'+68)"$>+#4+&$4'*4>+<4="$'<$9+'*>+J4H(+;<44+);+6*)7+'*>+%&4B
● -)+*)(+&)@4<+(84+&':4<'+@%47+'<4'B
● 24="$'<$9+&84&J+(84+7%*>68%4$>+;)<+>':'=4+%*+(84+&':4<'+$4*6+'<4'B

G#A4&(6+(8'(+=%@4+);;+$%=8(L+6"&8+'6+:)#%$4+*'@%='(%)*+"*%(6L+&'*+%:H'%<+(84+b%=8(+.66%6(
;"*&(%)*+%;+(849+'<4+H$'&4>+%*+(84+'<4'+:)*%()<4>+#9+(84+&':4<'B

F"5.9/5#6(./$(=*%05#6(,56/.(2#(*#C(233
R%=B+
R%=B+NN+ G*+(84+$4;(+6%>4+);+(84+6(44<%*=+&)$":*T+("<*+6%=*'$+'*>+8%=8+#4':+$4@4<B

F"5.9/5#6(2#(*(=*%05#6(,56/.(2#(2#$('5C$(23(./$(8$/59,$
C84*+(84+H'<J%*=+$%=8(+%6+67%(&84>+)*L+(84+84'>$%=8(+)*+(8'(+6%>4+);+(84+@48%&$4+7%$$+("<*+)*+'6
74$$+'6+(84+6%>4+$%=8(+'*>+64&(%)*6+);+(84+('%$$%=8(T
— W7%(&8+(84+%=*%(%)*+);;B
— a)@4+(84+("<*+6%=*'$+'*>+8%=8+#4':+$4@4<+;<):+(84+&4*(4<+H)6%(%)*+()+(84+;)$$)7%*=+H)6%(%)*
M+;%=B+N T

. 2%=8(,8'*>+H'<J%*=+$%=8(+67%(&84>+)*B
[ b4;(,8'*>+H'<J%*=+$%=8(+67%(&84>+)*B

F"5.9/5#6(2#(./$(92#.5#+2+'(=*%05#6(,56/.'(2#(42./('5C$'(23(./$
8$/59,$
C84*+(84+&)*(%*")"6+H'<J%*=+$%=8(6+)*+#)(8+6%>46+);+(84+@48%&$4+'<4+67%(&84>+)*L+#)(8+84'>$%=8(6
7%$$+("<*+)*+'6+74$$+'6+(84+6%>4+$%=8(6+'*>+64&(%)*6+);+(84+('%$$%=8(6T
— W7%(&8+)*+(84+6%>4+$%=8(6+ B
— W7%(&8+(84+%=*%(%)*+);;B
— b)&J+(84+@48%&$4+;<):+(84+)"(6%>4B

:+.2>*.59('5C$(2%(=*%05#6(,56/.(C$*9.58*.52#
384+@48%&$4+&'*+>4(4&(+784*+(84+NQ,@)$(+@48%&$4+#'((4<9+%6+<"**%*=+$)7L+'*>+67%(&846+);;+(84+6%>4
)<+H'<J%*=+$%=8(6+%*+=))>+(%:4+U#"(+';(4<+*)+$466+(8'*+Q+8)"<6V+()+$4'@4+4*)"=8+H)74<+()+<46('<(
(84+4*=%*4B
D;+(84+#'((4<9+>)46+*)(+8'@4+4*)"=8+&'H'&%(9+;)<+(84+6%>4+)<+H'<J%*=+$%=8(6+()+<"*+;)<+Q+8)"<6L+(84
NQ,@)$(+@48%&$4+#'((4<9+:'9+><'%*+()+6"&8+'*+45(4*(+(8'(+(84+4*=%*4+:'9+*)(+#4+'#$4+()+6('<(
M+W7%(&8%*=+(84+H'<J%*=+$%=8(+)*+'*>+);; B

C.2/D/0
D;+(84+@48%&$4+%6+6()HH4>+7%(8)"(+4*)"=8+$%=8(%*=+6)+(8'(+(84+@48%&$4+&'**)(+#4+644*+)<+%6+>%;;%,
&"$(+;)<+)(84<6+)*+(84+<)'>+()+644L+(8%6+&'*+&'"64+'&&%>4*(6+'*>+64<%)"6+%*A"<%46B
● .$7'96+6()H+(84+@48%&$4+6';4$9+'*>+7%(8+4*)"=8+$%=8(%*=B+R)$$)7+(84+'HH$%&'#$4+$4='$
<4="$'(%)*6B
● D;+9)"+*44>+(84+@48%&$4+()+#4+$%(+;)<+64@4<'$+8)"<6L+67%(&8+)*+(84+<%=8(,8'*>+'*>Y)<+$4;(,8'*>
H'<J%*=+$%=8(+%;+H)66%#$4B+.6+'+<"$4L+'+H'<J%*=+$%=8(+$%(+)*+)*4+6%>4+);+(84+@48%&$4+)*$9+&'*+<4,
:'%*+$%(+;)<+(7%&4+'6+$)*=+'6+&)*(%*")"6+H'<J%*=+$%=8(6+)*+#)(8+6%>46+);+(84+@48%&$4B

_E2>5#6(/2>$`(*#C(_U$*85#6(/2>$`(3+#9.52#(H2%5$#.*.52#
,56/.5#6I

C84*+9)"+'<4+4*(4<%*=+'*>+45%(%*=+(84+@48%&$4+%*+(84+>'<JL+(84+gE):%*=+8):4h+'*>+gb4'@%*=
8):4h+;"*&(%)*+%$$":%*'(46+(84+%::4>%'(4+'<4'+'<)"*>+(84+@48%&$4B
384+gE):%*=+8):4h+'*>+gb4'@%*=+8):4h+;"*&(%)*+%6+'"():'(%&'$$9+&)*(<)$$4>+#9+'+$%=8(+64*6)<B

F"5.9/5#6(./$(_E2>5#6(/2>$`(3+#9.52#(2#
— W7%(&8+(84+%=*%(%)*+);;B

384+gE):%*=+8):4h+$%=8(%*=+67%(&846+)*+%;+(84+'"():'(%&+84'>$%=8(6+ +'<4+67%(&84>+)*+'*>
(84+$%=8(+64*6)<+>4(4&(6+>'<J*466 B
384+$%=8(%*=+(%:4 +#4=%*6+784*+(84+$'6(+@48%&$4+>))<+)<+(<"*J+$%>+%6+&$)64>B

F"5.9/5#6(./$(_E2>5#6(/2>$`(3+#9.52#(233
— 3"<*6+);;+'"():'(%&'$$9+';(4<+(84+64(+$%=8(%*=+(%:4+8'6+4$'H64>B
— G2T
G2T+'"():'(%&'$$9+%;+'+@48%&$4+>))<+)<+(84+(<"*J+$%>+%6+)H4*4>+'HH<)5%:'(4$9+OP+64&)*>6+';(4<
67%(&8%*=+)*B
— G2T
G2T+!<466+(84+$%=8(+67%(&8+<4H4'(4>$9+"*(%$+(84+ +64((%*=+%6+>%6H$'94>+%*+(84+%*6(<":4*(
&$"6(4<B
— G2T
G2T+67%(&8+)*+(84+%=*%(%)*B

F"5.9/5#6(./$(_U$*85#6(/2>$`(3+#9.52#(2#
— F*$)&J+(84+@48%&$4+78%$4+(84+'"():'(%&+84'>$%=8(6+ +'<4+67%(&84>+)*+'*>+(84+$%=8(+64*6)<
>4(4&(6+>'<J*466 B

F"5.9/5#6(./$(_U$*85#6(/2>$`(3+#9.52#(233
— 3"<*6+);;+'"():'(%&'$$9+';(4<+(84+$%=8(%*=+(%:4+8'6+4$'H64>B
— G2T
G2T+$)&J+(84+@48%&$4B
— G2T
G2T+!<466+(84+$%=8(+67%(&8+<4H4'(4>$9+"*(%$+(84+ +64((%*=+%6+>%6H$'94>+%*+(84+%*6(<":4*(
&$"6(4<B
— G2T
G2T+67%(&8+)*+(84+%=*%(%)*B

F$..5#6(./$(_E2>5#6(/2>$`(*#C(_U$*85#6(/2>$`(3+#9.52#
384+$%=8(%*=+(%:4+&'*+#4+'>A"6(4>+%*+(84+@48%&$4+64((%*=6+%*+(84+D*;)('%*:4*(+696(4:+'*>+(84
;"*&(%)*+&'*+#4+'&(%@'(4>+)<+>4'&(%@'(4>+UM+X48%&$4+64((%*=6+:4*"L+GH4<'(%)*V B
-4H4*>%*=+)*+(84+@48%&$4+4I"%H:4*(L+9)"+&'*+'>A"6(+(84+#48'@%)<+);+(84+45(4<%)<+$%=8(%*=+%*+(84
@48%&$4+64((%*=6+%*+(84+D*;)('%*:4*(+696(4:B
n)"+&'*+&8))64+#4(744*+(7)+>%6H$'9+6(<'(4=%46+%*+(84+.'(#/($/(2/1,$%:&$(%1*/&&$(%*
.'(#/($/(2/1,$%:&$(%1*/&&$(%*+:4*"T
— E$'66%&+gE):%*=+8):4h+'*>+gb4'@%*=+8):4h+;"*&(%)*B
384+H4<%H84<9+$%=8(%*=L+84'>$%=8(6+'*>+('%$$%=8(6+'<4+67%(&84>+)*+'*>+);;+'(+(84+6':4+(%:4B

— -9*':%&+gE):%*=+8):4h+'*>+gb4'@%*=+8):4h+;"*&(%)*B
384+':#%4*(+$%=8(%*=L+84'>$%=8(6+'*>+('%$$%=8(6+'<4+67%(&84>+)*+'*>+);;+>9*':%&'$$9+'*>L+%;+*4&,
466'<9L+%*+'*+'*%:'(4>+H'((4<*B

W):4+64((%*=6+&'*+#4+6'@4>+%*+(84+><%@4<+H4<6)*'$%?'(%)*+"64<+H<);%$46+'*>+7%$$+&8'*=4
784*+(84+"64<+H<);%$4+%6+67%(&84>+UM+-<%@4<+H4<6)*'$%?'(%)*L+-46&<%H(%)*V B

L$*C,56/.(%*#6$(92#.%2,

R%=B+
R%=B+NN+ D*+(84+D*;)('%*:4*(+696(4:T+3)"&8+&)*(<)$+;)<+84'>$%=8(+<'*=4+&)*(<)$B

K4'>$%=8(+<'*=4+&)*(<)$+%6+"64>+()+'>A"6(+(84+#4':+);+(84+>%HH4>+#4':+84'>$%=8(+()+(84+$)'>+$4@,
4$+);+(84+@48%&$4B+38%6+H<)@%>46+(84+><%@4<+7%(8+(84+#46(+H)66%#$4+@%6%#%$%(9+'*>+)*&):%*=+(<';;%&+%6
*)(+>'??$4>+M+ B
-4H4*>%*=+)*+(84+@48%&$4+4I"%H:4*(L+(84+84'>$%=8(+<'*=4+&'*+#4+'>A"6(4>+"6%*=+(84+6$%>4<+%*+(84
D*;)('%*:4*(+696(4:+M+;%=B+N B

)*#+*,(/$*C,56/.(%*#6$(92#.%2,
.>A"6(:4*(+7%(8+(84+()"&8+&)*(<)$+%*+(84+D*;)('%*:4*(+696(4:T
— !<466+(84+ +#"(()*+)<+;"*&(%)*+J49B
— 3'H+(84+ X48%&$4 L+ +;"*&(%)*+#"(()*6+()+)H4*+(84+</:$2,/1*/&&$(%*
</:$2,/1*/&&$(%*+:4*"B
— 3'H+(84+ b%=8( +;"*&(%)*+#"(()*+()+)H4*+(84+L$%:&1*/&&$(%*
L$%:&1*/&&$(%*+:4*"B
— 3'H+(84+ K4'>$%=8(+<'*=4+&)*(<)$ +M+;%=B+N + N +;"*&(%)*+#"(()*B
— 3"<*+(84+()"&8+&)*(<)$+()+(84+<4I"%<4>+H)6%(%)*+U45':H$4+@48%&$4+$)'>VB

W4((%*=+%*+(84+D*;),
('%*:4*(+696(4:

R<)*(+64'(+)&&"H%4>+'*>+$"=='=4+&):H'<(:4*(+4:H(9B

.$$+64'(6+)&&"H%4>+'*>+$"=='=4+&):H'<(:4*(+4:H(9B

.$$+64'(6+)&&"H%4>+'*>+$"=='=4+&):H'<(:4*(+;"$$9+$)'>4>B
3<'%$4<+:)>4+7%(8+$)7+><'7#'<+$)'>B

G*$9+><%@4<+64'(+)&&"H%4>+'*>+$"=='=4+&):H'<(:4*(+;"$$9+$)'>4>B
3<'%$4<+:)>4+7%(8+:'5%:":+><'7#'<+$)'>B

A1#*>59(/$*C,56/.(%*#6$(92#.%2,
a'*"'$+'>A"6(:4*(+>)46+*)(+'HH$9+()+@48%&$46+7%(8+>9*':%&+84'>$%=8(+<'*=4+&)*(<)$B+384+84'>,
$%=8(+<'*=4+'"():'(%&'$$9+'>A"6(6+()+(84+@48%&$4+$)'>+784*+(84+84'>$%=8(6+'<4+67%(&84>+)*+M+ B

C.2/D/0
K4'@9+)#A4&(6+%*+(84+@48%&$4+&'*+&'"64+(84+84'>$%=8(6+()+>'??$4+'*>+>%6(<'&(+)(84<+<)'>+"64<6B
38%6+&'*+&'"64+'&&%>4*(6+'*>+64<%)"6+%*A"<%46B
● .$7'96+'>'H(+(84+$%=8(+&)*4+()+(84+@48%&$4+$)'>+$4@4$+6)+(8'(+)(84<+<)'>+"64<6+'<4+*)(
>'??$4>B

C.2/D/0
D;+(84+>9*':%&+84'>$%=8(+<'*=4+&)*(<)$+;'%$6+)<+:'$;"*&(%)*6L+(84+84'>$%=8(6+:'9+&<4'(4+=$'<4
'*>+>%6(<'&(+)(84<+<)'>+"64<6B+38%6+&'*+&'"64+'&&%>4*(6+'*>+64<%)"6+%*A"<%46B
● K'@4+(84+84'>$%=8(+<'*=4+&)*(<)$+%*6H4&(4>+%::4>%'(4$9+#9+'*+'"(8)<%?4>+X)$J67'=4*+>4'$,
4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B

:CN+'.5#6(/$*C,56/.'(H.%*8$,(>2C$I

C84*+(<'@4$%*=+%*+&)"*(<%46+(8'(+><%@4+)*+(84+)HH)6%(4+6%>4+);+(84+<)'>+;<):+9)"<+8):4+&)"*(<9L
(84+$)7+#4':+84'>$%=8(+)*+@48%&$46+7%(8+-9*':%&+b%=8(+.66%6(+)<+>9*':%&+&)<*4<%*=+$%=8(+&'*
>'??$4+)*&):%*=+(<';;%&+UM+K%=8+#4':+&)*(<)$+Ub%=8(+.66%6(V+U>9*':%&VL+-46&<%H(%)*V L+UM+15(4<%)<
$%=8(%*=L+R"*&(%)*V B+384<4;)<4L+(84+84'>$%=8(+'$%=*:4*(+)*+@48%&$46+4I"%HH4>+7%(8+(8464+;"*&,
(%)*6+&'*+#4+'>A"6(4>+%*+(84+D*;)('%*:4*(+696(4:+@%'+(84+ X48%&$4+64((%*=6 +:4*"+U(<'@4$+:)>4V+UM
X48%&$4+64((%*=6+:4*"L+GH4<'(%)*V B+G*+@48%&$46+7%(8)"(+-9*':%&+b%=8(+.66%6(+'*>+>9*':%&+&)<,
*4<%*=+$%=8(L+%(+%6+*)(+*4&466'<9+()+'>A"6(+(84+84'>$%=8(6B

3<'@4$+:)>4+:'9+#4+"64>+)*$9+;)<+'+68)<(+H4<%)>+);+(%:4B+E)*('&(+'*+'"(8)<%?4>+X)$J67',
=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+;)<+H4<:'*4*(+&)*@4<6%)*B+X)$J67',
=4*+<4&)::4*>6+&)*('&(%*=+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*
W4<@%&4+R'&%$%(9B

K%2+4,$'/22.5#6

(K+%#('56#*,(5#C59*.2%(,56/.
384+=<44*+%*>%&'()<+$%=8(+#$%*J6B
D;+'+("<*+6%=*'$+$%=8(+)*+(84+@48%&$4+%6+*)(+7)<J%*=L+(84+%*>%&'()<+$%=8(+7%$$+#$%*J+(7%&4+'6+;'6(B
— E84&J+(84+$%=8(6+'*>+<4H$'&4+'*9+#"$#6+'6+*4&466'<9+UM+15(4<%)<+$%=8(%*=L+D*(<)>"&(%)*Y=4*4<'$
%*;)<:'(%)*V B
— D;+(84+:'$;"*&(%)*+&)*(%*"46L+&)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67',
=4*+W4<@%&4+R'&%$%(9B

(K%*5,$%(.+%#('56#*,(5#C59*.2%(,56/.
384+=<44*+%*>%&'()<+$%=8(+#$%*J6B
D;+'+(<'%$4<+("<*+6%=*'$+)<+(84+4*(%<4+(<'%$4<+$%=8(+696(4:+%6+)"(L+(84+%*>%&'()<+$%=8(+7%$$+("<*+);;B
— E84&J+(84+$%=8(6+'*>+<4H$'&4+'*9+#"$#6+'6+*4&466'<9+UM+15(4<%)<+$%=8(%*=L+D*(<)>"&(%)*Y=4*4<'$
%*;)<:'(%)*V B
— D;+(84+:'$;"*&(%)*+&)*(%*"46L+&)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67',
=4*+W4<@%&4+R'&%$%(9B

(;<.$%52%(,56/.5#6(>*,3+#9.52#
384+94$$)7+%*>%&'()<+$%=8(+("<*6+)*B
384+84'>$%=8(6+8'@4+&):H$4(4$9+)<+H'<(%'$$9+;'%$4>B
— E84&J+(84+$%=8(6+'*>+<4H$'&4+'*9+#"$#6+'6+*4&466'<9+UM+15(4<%)<+$%=8(%*=L+D*(<)>"&(%)*Y=4*4<'$
%*;)<:'(%)*V B
— D;+(84+:'$;"*&(%)*+&)*(%*"46L+&)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67',
=4*+W4<@%&4+R'&%$%(9B

(@*5#],56/.('$#'2%(>*,3+#9.52#
384+94$$)7+%*>%&'()<+$%=8(+("<*6+)*B
D*+(84+ +$%=8(+67%(&8+H)6%(%)*L+(84+@48%&$4+$%=8(%*=+7%$$+*)(+("<*+)*+)<+);;+'"():'(%&'$$9B
— W7%(&8+(84+%=*%(%)*+);;+'*>+)*B
— D;+(84+:'$;"*&(%)*+&)*(%*"46L+&)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67',
=4*+W4<@%&4+R'&%$%(9B

A1#*>59(92%#$%5#6(,56/.
384+67%*=%*=+#48'@%)<+);+(84+#"$#6+&'*+#4+%*;$"4*&4>+#9+(84+64$4&(4>+><%@%*=+:)>4+%*+@48%&$46
7%(8+><%@%*=+:)>4+64$4&(%)*B
D;+(84+>9*':%&+&)<*4<%*=+$%=8(+:'$;"*&(%)*6L+(8%6+%6+%*>%&'(4>+)*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9B
04(+H<);466%)*'$+'66%6('*&4B

G#.$%52%(,56/.5#6

G#'.%+>$#.(*#C('"5.9/(,56/.5#6

n)"+&'*+'>A"6(+(84+%*6(<":4*(+'*>+67%(&8+$%=8(%*=+#<%=8(*466+'*>+(84+#'6%&+#<%=8(*466+);+(84
84'>,"H+>%6H$'9+%*+(84+@48%&$4+64((%*=6+%*+(84+D*;)('%*:4*(+696(4:+UM+X48%&$4+64((%*=6+:4*"L+GH,
4<'(%)*V B
384+64$4&(4>+#<%=8(*466+7%$$+'"():'(%&'$$9+'>A"6(+()+(84+&8'*=%*=+#<%=8(*466+%*+(84+@48%&$4B
D;+(84+'"():'(%&+84'>$%=8(+&)*(<)$+ +%6+67%(&84>+)*L+'+64*6)<+67%(&846+(84+$)7+#4':+84'>$%=8(6
'*>+(84+%*6(<":4*(+'*>+67%(&8+$%=8(%*=+)*+'*>+);;+'"():'(%&'$$9+#'64>+)*+)"(6%>4+#<%=8(*466B

384+%*6(<":4*(+%$$":%*'(%)*+;)<+(84+*44>$46+'*>+>%'$6+("<*6+)*+784*+(84+%=*%(%)*+%6+)*
'*>+(84+$%=8(6+'<4+);;B+384+$%=8(%*=+;)<+(84+='"=46+<4>"&46+'"():'(%&'$$9+'*>+4@4*("'$$9
("<*6+);;+'6+#<%=8(*466+)"(6%>4+%*&<4'646B+38%6+;"*&(%)*+68)"$>+<4:%*>+(84+><%@4<+()+("<*
);;+$)7+#4':+84'>$%=8(6+'(+(84+<%=8(+(%:4L+6"&8+'6+784*+><%@%*=+(8<)"=8+("**4$6B

G#.$%52%]%$*C5#6(,56/.'P(*>45$#.(,56/.5#6
R%=B+
R%=B+NN+ G*+(84+)@4<84'>+&)*6)$4T+()"&8,64*6%(%@4+<4'>%*=+$%=8(6B

3'H+(84+&)<<46H)*>%*=+69:#)$T

W7%(&8+(84+%*(4<%)<+$%=8(6+)*+)<+);;+)<+>%:+(84:B

R"*&(%)*+67%(&84>+);;T+(84+%*(4<%)<+$%=8(6+("<*+)*+'"():'(%&'$$9+784*+"*$)&J%*=+(84+@48%,
&$4L+)H4*%*=+'+>))<+)<+67%(&8%*=+);;+(84+%=*%(%)*B

K2+9/M'$#'5.58$(%$*C5#6(,56/.'("5./(>*#+*,(C5>>5#6(3+#9.52#
G*+(84+<));+&)*6)$4+'*>+'#)@4+(84+<4'<+>))<L+(84<4+&'*+#4+()"&8,64*6%(%@4+<4'>%*=+$%=8(6+>4H4*>,
%*=+)*+(84+4I"%H:4*(+M+;%=B+N B+[9+('HH%*=+(84+%$$":%*'(4>+'<4'L+(84+<46H4&(%@4+<4'>%*=+$%=8(+&'*
#4+67%(&84>+)*+)<+);;B
3)+'&(%@'(4+(84+:'*"'$+>%::%*=+;"*&(%)*L+()"&8+(84+%$$":%*'(4>+'<4'+"*(%$+(84+>46%<4>+#<%=8(*466
$4@4$+%6+<4'&84>B

Q,28$(92>=*%.>$#.(*#C(,+66*6$(92>=*%.>$#.(,56/.'
C84*+)H4*%*=+'*>+&$)6%*=+(84+=$)@4+&):H'<(:4*(+)<+(<"*J+$%>L+'+$%=8(+7%$$+("<*+)*+)<+);;B

:>45$#.(,56/.5#6
-4H4*>%*=+)*+@48%&$4+4I"%H:4*(L+':#%4*(+$%=8(%*=+&'*+H<)@%>4+%*>%<4&(+$%=8(%*=+%*+@'<%)"6+'<4'6
);+(84+@48%&$4+%*(4<%)<B
384+#<%=8(*466+'*>L+>4H4*>%*=+)*+(84+4I"%H:4*(L+(84+&)$)<+);+(84+':#%4*(+$%=8(%*=L+&'*+#4+'>,
A"6(4>+%*+(84+@48%&$4+64((%*=6+%*+(84+D*;)('%*:4*(+696(4:+UM+X48%&$4+64((%*=6+:4*"L+GH4<'(%)*V B+D;
9)"+64$4&(+(84+64((%*=+B8&'
B8&'L+(84+&)$)<+);+(84+':#%4*(+$%=8(%*=+&8'*=46+>4H4*>%*=+)*+(84+><%@%*=
:)>4+64((%*=B
384+$%=8(6+("<*+);;+784*+(84+@48%&$4+%6+$)&J4>+)<+'+;47+:%*"(46+';(4<+(84+%=*%(%)*+8'6
#44*+67%(&84>+);;B+38%6+<4>"&46+(84+<%6J+);+(84+NQ+X+@48%&$4+#'((4<9+#4%*=+><'%*4>B

W):4+64((%*=6+&'*+#4+6'@4>+%*+(84+><%@4<+H4<6)*'$%?'(%)*+"64<+H<);%$46+'*>+7%$$+&8'*=4
784*+(84+"64<+H<);%$4+%6+67%(&84>+UM+-<%@4<+H4<6)*'$%?'(%)*L+-46&<%H(%)*V B

75'545,5.1

-5#C2"("5=$%'

!=$%*.5#6(./$("5#C'/5$,C("5=$%(,$8$%
R%=B+
R%=B+NN+ G*+(84+<%=8(+6%>4+);+(84+6(44<%*=+&)$":*T+)H4<'(%*=+(84+7%*>68%4$>+7%H4<6B

R%=B+
R%=B+QQ+ G*+(84+<%=8(+6%>4+);+(84+6(44<%*=+&)$":*T+)H4<'(%*=+(84+<4'<+7%*>)7+7%H4<B

384+7%*>68%4$>+7%H4<6+)*$9+7)<J+784*+(84+%=*%(%)*+%6+67%(&84>+)*+'*>+(84+8))>+)<+(<"*J+$%>+%6
&$)64>B
a)@4+(84+7%H4<+$4@4<+%*()+(84+>46%<4>+H)6%(%)*+M+GH4<'(%*=+(84+7%*>68%4$>+7%H4<+$4@4< T

. +C%H4<6+'<4+67%(&84>+);;B
[ +D*(4<@'$+7%H%*=+;)<+(84+7%*>68%4$>+)<+<'%*Y$%=8(+64*6)<+:)>4B+D*(4<@'$+7%H%*=+;)<+(84
7%*>68%4$>+>4H4*>6+)*+(84+><%@%*=+6H44>B+384+8%=84<+(84+6H44>L+(84+;'6(4<+(84+7%H4<6+7%$$
:)@4B
E +W$)7+7%H4<+6H44>B
- +R'6(+7%H%*=B
1 +G*4,('H+7%H%*=+r+#<%4;+7%H%*=B+!<466+'*>+8)$>+(84+$4@4<+>)7*+$)*=4<+()+7%H4+;'6(4<B
R +!"$$+(84+$4@4<+()+'&(%@'(4+(84+'"():'(%&+7%H4<Y7'684<+696(4:+()+&$4'*+(84+7%*>68%4$>B
C8%$4+(84+7%H4<Y7'684<+696(4:+%6+'&(%@4L+(84+E$%:'(<)*%&+696(4:+67%(&846+()+<4&%<&"$'(%)*
:)>4+;)<+'HH<)5%:'(4$9+OP+64&)*>6+()+84$H+H<4@4*(+(84+7'684<+;$"%>+)>)<+;<):+4*(4<%*=
(84+@48%&$4+%*(4<%)<B
N +W7%(&8+;)<+%*(4<@'$+$4@4$6+U@48%&$46+7%(8)"(+<'%*Y$%=8(+64*6)<V+)<+()+'>A"6(+(84+64*6%(%@%(9
);+(84+<'%*Y$%=8(+64*6)<B
0 +D*(4<@'$+7%H%*=+;)<+(84+<4'<+7%*>)7B+384+7%H4<+:)@46+'HH<)5%:'(4$9+4@4<9+6%5+64&)*>6B
K +!<466+(84+$4@4<+()+'&(%@'(4+(84+'"():'(%&+7%H4<Y7'684<+696(4:+()+&$4'*+(84+<4'<+7%*>)7B
C.2/D/0
C%(8)"(+(84+6";;%&%4*(+;<44?4+H<)(4&(%)*L+7'684<+;$"%>+&'*+;<44?4+)*+(84+7%*>)7+=$'66+'*>+<4,
>"&4+@%6%#%$%(9B
● G*$9+"64+(84+7'684<+696(4:+7%(8+6";;%&%4*(+;<44?4+H<)(4&(%)*+%*+7%*(4<+(4:H4<'("<46B
● /4@4<+"64+(84+7'684<+696(4:+%*+7%*(4<+(4:H4<'("<46+%;+(84+7%*>68%4$>+8'6+*)(+#44*+7'<:4>
"H+7%(8+(84+7%*>68%4$>+>4;<)6(4<+)<+@4*(%$'(%)*+696(4:B+G(84<7%64L+(84+;<44?4+H<)(4&(%)*
:%5("<4+&'*+;<44?4+)*+(84+7%*>68%4$>+'*>+$%:%(+@%6%#%$%(9B

C.2/D/0
C)<*+)<+>%<(9+7%H4<+#$'>46+<4>"&4+@%6%#%$%(9+'*>+%*&<4'64+(84+<%6J+);+'&&%>4*(6+'*>+64<%)"6
%*A"<%46B
● .$7'96+<4H$'&4+7%H4<+#$'>46+%;+(849+'<4+>':'=4>+)<+7)<*+'*>+'<4+*)+$)*=4<+&$4'*%*=+(84
7%*>)7+=$'66+6";;%&%4*($9+UM+C%H4<+#$'>46L+24H$'&4:4*(V B

/G3DE1
3)+<4>"&4+(84+<%6J+);+>':'=4+()+(84+7%*>68%4$>L+7%H4<+#$'>46L+'*>+(84+7%*>68%4$>+7%H4<+:)()<L
:'J4+6"<4+);+(84+;)$$)7%*=+#4;)<4+><%@%*=+'*>+#4;)<4+67%(&8%*=+)*+(84+%=*%(%)*
#4;)<4+67%(&8%*=+)*+(84+%=*%(%)*T
● 384+7%*>68%4$>+7%H4<+$4@4<+%6+%*+(84+);;+H)6%(%)*B
● W*)7+'*>+%&4+8'@4+#44*+<4:)@4>+;<):+(84+7%*>68%4$>+7%H4<6+'*>+(84+7%*>68%4$>B
● C%H4<+#$'>46+(8'(+8'@4+;<)?4*+)*()+(84+7%*>68%4$>+8'@4+#44*+&'<4;"$$9+$))64*4>+;<):+(84
7%*>68%4$>B+X)$J67'=4*+<4&)::4*>6+"6%*=+'+>4%&%*=+6H<'9+;)<+(8%6B

/G3DE1
-)+*)(+("<*+)*+(84+7%*>68%4$>+7%H4<6+784*+(84+7%*>)7+=$'66+%6+><9B+384+7%*>)7+=$'66+&'*+#4
>':'=4>+%;+7%H4<+#$'>46+7%H4+'+><9+7%*>)7B

384+'&(%@'(4>+7%H4<+6H44>+(4:H)<'<%$9+&8'*=46+()+(84+*45(+$)74<+6H44>+784*+(84+@48%&$4
%6+6('(%)*'<9B

W):4+64((%*=6+&'*+#4+6'@4>+%*+(84+><%@4<+H4<6)*'$%?'(%)*+"64<+H<);%$46+'*>+&8'*=4+'"(),
:'(%&'$$9+784*+H<);%$46+'<4+67%(&84>+UM+-<%@4<+H4<6)*'$%?'(%)*L+-46&<%H(%)*V B

C84*+H'<J%*=+(84+@48%&$4+%*+&)$>+74'(84<+&)*>%(%)*6L+:)@%*=+(84+7%*>68%4$>+7%H4<6+()
(84+64<@%&4+H)6%(%)*+:'9+#4+84$H;"$+;)<+$))64*%*=+(84+7%H4<+#$'>46+:)<4+4'6%$9+;<):+(84
7%*>68%4$>+UM+C%H4<+#$'>46L+GH4<'(%)*V B

-5=$%(3+#9.52#

:+.2>*.59(%$*%("5#C2"("5=5#6
384+<4'<+7%*>)7+7%H4<+67%(&846+)*+'"():'(%&'$$9+784*+(84+7%*>68%4$>+7%H4<6+'<4+67%(&84>+)*
'*>+<4@4<64+=4'<+%6+4*='=4>B+384+'"():'(%&+'&(%@'(%)*+%*+<4@4<64+=4'<+;"*&(%)*+&'*+#4+'&(%@'(4>
'*>+>4'&(%@'(4>+%*+(84+@48%&$4+64((%*=6+%*+(84+D*;)('%*:4*(+696(4:+UM+X48%&$4+64((%*=6+:4*"L+GH,
4<'(%)*V B

L$*.$C("*'/$%(#2VV,$'
384+84'(+(8'76+;<)?4*+7'684<+;$"%>+*)??$46B+384+84'(+)"(H"(+%6+'"():'(%&'$$9+<4="$'(4>+784*+(84
%=*%(%)*+%6+67%(&84>+)*+'*>+%6+>4H4*>4*(+)*+(84+)"(6%>4+(4:H4<'("<4B+G*$9+(84+7%*>)7+7'684<
*)??$46+'<4+84'(4>+'*>+*)(+(84+7'684<+;$"%>+8)646B

L$*C,56/.("*'/$%('1'.$>
384+84'>$%=8(+7'684<+696(4:+7'6846+(84+84'>$%=8(+$4*646+'*>+)H4<'(46+)*$9+784*+(84+>%HH4>
#4':+)<+:'%*+#4':+84'>$%=8(6+'<4+67%(&84>+)*B+D;+(84+$)7+7%*>68%4$>+7'684<+;$"%>+%*>%&'()<
$%=8(+ +%6+$%(L+(84+84'>$%=8(+7'684<+696(4:+7%$$+*)(+&):4+)*+UM+R.eL+C%*>68%4$>+7%H4<6V B
C84*+9)"+67%(&8+)*+(84+%=*%(%)*L+(84+;%<6(+(%:4+9)"+'&(%@'(4+(84+7'68+'*>+7%H4+696(4:+;)<+(84
7%*>68%4$>L+'*>+(84<4';(4<+4@4<9+(4*(8+(%:4+9)"+'&(%@'(4+%(L+(84+84'>$%=8(6+7%$$+'$6)+#4+7'684>B
-%<(+6("&J+()+(84+84'>$%=8(+$4*646L+4B=B+%*64&(+<4:*'*(6L+68)"$>+#4+<4:)@4>+'(+<4="$'<+%*(4<@'$6B
3)+4*6"<4+(8'(+(84+84'>$%=8(+7'684<+696(4:+7)<J6+H<)H4<$9+4@4*+%*+7%*(4<L+&$4'<+'*9+6*)7+;<):
(84+&)@4<6+)*+(84+84'>$%=8(+7'684<+696(4:+%*+(84+#":H4<+#4;)<4+"6%*=+%(B+D;+*4&466'<9L+<4:)@4
'*9+%&4+"6%*=+>4,%&4<+6H<'9B

@*5#],56/.('$#'2%

R%=B+
R%=B+NN+ G*+(84+<%=8(+6%>4+);+(84+6(44<%*=+&)$":*T+7%*>68%4$>+7%H4<+$4@4<B

C84*+67%(&84>+)*L+(84+<'%*Y$%=8(+64*6)<+'"():'(%&'$$9+68)<(4*6+)<+$4*=(84*6+(84+>4$'9+#4(744*
7%H%*=+&9&$46+>4H4*>%*=+)*+8)7+8'<>+%(+%6+<'%*%*=B

:9.58*.5#6(*#C(C$*9.58*.5#6(./$(%*5#],56/.('$#'2%
!<466+(84+$4@4<+%*()+(84+>46%<4>+H)6%(%)*+M+;%=B+N T

— !)6%(%)*+ . +,+<'%*Y$%=8(+64*6)<+>4'&(%@'(4>B
— !)6%(%)*+ [ +,+<'%*Y$%=8(+64*6)<+'&(%@'(4>L+'"():'(%&+7%H%*=+'6+*4&466'<9B
."():'(%&+7%H%*=+&'*+#4+'&(%@'(4>+'*>+>4'&(%@'(4>+%*+(84+@48%&$4+64((%*=6+%*+(84+D*;)('%*:4*(
696(4:+UM+X48%&$4+64((%*=6+:4*"L+GH4<'(%)*V B
D;+'"():'(%&+7%H%*=+%6+>4'&(%@'(4>+%*+(84+D*;)('%*:4*(+696(4:L+(84+%*(4<@'$+(%:4+7%$$+#4+64(+%*
;%54>+6('=46B

:CN+'.5#6(./$('$#'5.585.1(23(./$(%*5#],56/.('$#'2%
384+64*6%(%@%(9+);+(84+<'%*Y$%=8(+64*6)<+&'*+#4+:'*"'$$9+'>A"6(4>+7%(8+(84+67%(&8+%*+(84+7%*>,
68%4$>+7%H4<+$4@4<+M+;%=B+N + N +M+2'%*Y$%=8(+64*6)< B

— a)@4+(84+67%(&8+()+(84+<%=8(+r+8%=8+64*6%(%@%(9B
— a)@4+(84+67%(&8+()+(84+$4;(+r+$)7+64*6%(%@%(9B

C.2/D/0
384+<'%*Y$%=8(+64*6)<+&'**)(+>4(4&(+'$$+H<4&%H%('(%)*+6";;%&%4*($9+'*>+'&(%@'(4+(84+7%*>68%4$>
7%H4<6+'&&)<>%*=$9B
● D;+*4&466'<9L+67%(&8+)*+(84+7%*>68%4$>+7%H4<6+:'*"'$$9+%;+7'(4<+)*+(84+7%*>68%4$>+%6+%:H'%<,
%*=+@%6%#%$%(9B

W):4+64((%*=6+&'*+#4+6'@4>+%*+(84+><%@4<+H4<6)*'$%?'(%)*+"64<+H<);%$46+'*>+&8'*=4+'"(),
:'(%&'$$9+784*+H<);%$46+'<4+67%(&84>+UM+-<%@4<+H4<6)*'$%?'(%)*L+-46&<%H(%)*V B

K%2+4,$'/22.5#6

(-*'/$%(3,+5C(,$8$,(.22(,2"
384+94$$)7+%*>%&'()<+$%=8(+("<*6+)*B
R%$$+(84+7'684<+;$"%>+<464<@)%<+UM+C'684<+;$"%>L+24;%$$%*=V B

(@*5#],56/.('$#'2%(>*,3+#9.52#
384+94$$)7+%*>%&'()<+$%=8(+("<*6+)*B
384+7%*>68%4$>+7%H4<6+7%$$+*)(+#4+'"():'(%&'$$9+'&(%@'(4>+%*+<'%*Y$%=8(+64*6)<+:)>4+784*+%(+%6
<'%*%*=B
— W7%(&8+(84+%=*%(%)*+);;+'*>+)*B
— D;+(84+:'$;"*&(%)*+&)*(%*"46L+&)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67',
=4*+W4<@%&4+R'&%$%(9B

(-5#C'/5$,C("5=$%(>*,3+#9.52#
384+94$$)7+%*>%&'()<+$%=8(+("<*6+)*B
384+7%*>68%4$>+7%H4<6+'<4+*)(+7)<J%*=B
— W7%(&8+(84+%=*%(%)*+);;+'*>+)*B
— D;+(84+:'$;"*&(%)*+&)*(%*"46L+&)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67',
=4*+W4<@%&4+R'&%$%(9B

E/*#6$'(.2(%*5#],56/.('$#'2%(%$*9.52#
W):4+H)66%#$4+<4'6)*6+;)<+:'$;"*&(%)*6+'*>+:%6%*(4<H<4('(%)*6+%*+(84+64*6)<+'<4' +);+(84
<'%*Y$%=8(+64*6)<+UM+R<)*(+@%47L+G@4<@%47V +&)"$>+#4T
— -':'=4>+7%H4<+#$'>46T
-':'=4>+7%H4<+#$'>46T+>':'=4>+7%H4<+#$'>46+&'*+$4'@4+'+;%$:+);+7'(4<+)<+6(<4'J6+)*+(84
7%*>)7L+'*>+(8%6+&'*+45(4*>+(84+'&(%@'(%)*+(%:4L+=<4'($9+68)<(4*+(84+7%H4<+%*(4<@'$6L+)<+&'"64
;'6(+7%H%*=+(%:4B
— D*64&(6T
D*64&(6T+%*64&(6+8%((%*=+(84+7%*>68%4$>+:'9+(<%==4<+(84+7%H4<6B
— W'$(+6(<4'J6T
W'$(+6(<4'J6T+6'$(+6(<4'J6+)*+(84+7%*>68%4$>+;<):+><%@%*=+%*+(84+7%*(4<+&'*+&'"64+(84+7%H4<6+()
7%H4+:)<4+;<4I"4*($9+)<+&)*(%*")"6$9+)*+'+7%*>)7+(8'(+%6+'$:)6(+><9B
— -%<(T
-%<(T+><%4>+>"6(L+7'5L+'*9+)(84<+#"%$>,"H+)*+(84+7%*>68%4$>+U$)("6+4;;4&(VL+)<+7'68%*=+H<)>"&(
<46%>"4+U&'<+7'68V+&'*+$)74<+(84+64*6%(%@%(9+);+(84+<'%*Y$%=8(+64*6)<+'*>+&'"64+%(+()+<4'&(+())
6$)7$9+)<+*)(+'(+'$$B+E$4'*+(84+64*6)<+'<4'+;)<+(84+<'%*Y$%=8(+64*6)<+<4="$'<$9+'*>+&84&J+(84
7%H4<+#$'>46+;)<+>':'=4+UM+X48%&$4+&'<4+45(4<%)<L+E$4'*%*=Y&'<4V B
— E<'&J+%*+(84+7%*>68%4$>T
E<'&J+%*+(84+7%*>68%4$>T+%;+'+6()*4+6(<%J46+'*>+&8%H6+(84+64*6)<+'<4'+78%$4+(84+<'%*Y$%=8(
64*6)<+%6+)*L+(8%6+7%$$+(<%==4<+'+7%H4<+&9&$4B+.;(4<+(8'(L+(84+<'%*Y$%=8(+64*6)<+7%$$+>4(4&(+(8%6+%<,
<4="$'<%(9+)*+(84+64*6)<+6"<;'&4+'*>+<4'&(+()+%(B+-4H4*>%*=+)*+(84+6%?4+);+(84+&8%HL+(84+<4'&(%)*
#48'@%)<+);+(84+<'%*Y$%=8(+64*6)<+:'9+)<+:'9+*)(+&8'*=4B

D;+(84<4+%6+'*+)#6('&$4+;)<+(84+7%H4<6+)*+(84+7%*>)7+=$'66L+(84+7%H4<6+7%$$+'((4:H(+()+<4,
:)@4+%(B+D;+%(+&)*(%*"46+()+#$)&J+(84+7%H4<6L+(84+7%H4<6+7%$$+6()H+:)@%*=B+24:)@4+(84+)#,
6('&$4+'*>+67%(&8+(84+7%H4<6+)*+'='%*B

)5%%2%'

Q$#$%*,('*3$.1(=%$9*+.52#'

F6%*=+(84+45(4<%)<+:%<<)<6+'*>+(84+<4'<@%47+:%<<)<L+(84+><%@4<+&'*+)#64<@4+(<';;%&+'*>+'>A"6(+(84%<
><%@%*=+#'64>+)*+(<';;%&B
R)<+><%@%*=+6';4(9L+%(+%6+%:H)<('*(+(8'(+(84+><%@4<+'>A"6(6+(84+45(4<%)<+:%<<)<6+'*>+(84+<4'<@%47
:%<<)<+&)<<4&($9+#4;)<4+6('<(%*=+()+><%@4B
384+4*(%<4+6%>4+'*>+<4'<+'<4'+6"<<)"*>%*=+(84+@48%&$4+&'**)(+#4+644*+%*+(84+45(4<%)<+:%<<)<6+'*>
<4'<@%47+:%<<)<B+38464+'<4'6+(8'(+'<4+*)(+@%6%#$4+'<4+&'$$4>+#$%*>+6H)(6B+G(84<+<)'>+"64<6+'*>+)#,
A4&(6+&)"$>+#4+%*+(84+#$%*>+6H)(B
C.2/D/0
.>A"6(%*=+(84+45(4<%)<+:%<<)<6+'*>+<4'<@%47+:%<<)<+78%$4+><%@%*=+&'*+>%6(<'&(+(84+><%@4<B+38%6+&'*
&'"64+'&&%>4*(6+'*>+64<%)"6+%*A"<%46B
● .>A"6(+(84+45(4<%)<+:%<<)<6+'*>+<4'<@%47+:%<<)<+)*$9+784*+(84+@48%&$4+%6+6('(%)*'<9B
● C84*+H'<J%*=L+&8'*=%*=+$'*46L+H'66%*=L+'*>+("<*%*=L+'$7'96+H'9+'((4*(%)*+()+(84+6"<<)"*>,
%*=6L+#4&'"64+)(84<+<)'>+"64<6+'*>+)#A4&(6+&)"$>+'$6)+#4+%*+(84+#$%*>+6H)(B
● .$7'96+:'J4+6"<4+(8'(+(84+:%<<)<6+'<4+'>A"6(4>+&)<<4&($9+'*>+@%6%#%$%(9+()+(84+<4'<+%6+*)(+$%:,
%(4>+#9+%&4L+6*)7L+;)=L+)<+)(84<+)#A4&(6B

C.2/D/0
D*'&&"<'(4+H<4>%&(%)*+);+>%6('*&4+()+@48%&$46+#48%*>+9)"+&'*+&'"64+'&&%>4*(6+'*>+64<%)"6
%*A"<%46B
● E"<@4>+:%<<)<+6"<;'&46+U&)*@45+)<+'6H84<%&V+4*$'<=4+(84+;%4$>+);+@%6%)*+'*>+'$$)7+)#A4&(6+%*
(84+:%<<)<+()+'HH4'<+6:'$$4<+'*>+;'<(84<+'7'9B
● F6%*=+(84+&"<@4>+:%<<)<6+()+46(%:'(4+(84+>%6('*&4+;<):+@48%&$46+#48%*>+9)"+784*+&8'*=%*=
$'*46+%6+*)(+H<4&%64+'*>+:'9+&'"64+'&&%>4*(6+'*>+64<%)"6+%*A"<%46B
● F64+(84+%*(4<%)<+<4'<@%47+:%<<)<+'6+:"&8+'6+H)66%#$4+()+:)<4+'&&"<'(4$9+>4(4<:%*4+(84+>%6,
('*&4+()+@48%&$46+)<+)(84<+)#A4&(6+#48%*>+9)"B
● a'J4+6"<4+(84<4+%6+6";;%&%4*(+@%6%#%$%(9+);+(84+'<4'+#48%*>+(84+@48%&$4B

C.2/D/0
.*+'"():'(%&+>%::%*=+<4'<@%47+:%<<)<+&)*('%*6+'*+4$4&(<)$9(4+;$"%>+(8'(+&'*+$4'J+)"(+%;+(84+:%<,
<)<+=$'66+#<4'J6B
● 384+$4'J%*=+4$4&(<)$9(4+&'*+%<<%('(4+(84+6J%*L+4946L+'*>+<46H%<'()<9+)<='*6L+46H4&%'$$9+%*+%*>%,
@%>"'$6+7%(8+'6(8:'+)<+6%:%$'<+%$$*46646B+D::4>%'(4$9+(<9+()+45%(+(84+@48%&$4+()+=4(+;<468+'%<B+D;
(8%6+%6+*)(+H)66%#$4L+)H4*+'$$+(84+7%*>)76+'*>+>))<6B
● D;+(84+4$4&(<)$9(4+&):46+%*()+&)*('&(+7%(8+(84+4946+'*>Y)<+6J%*L+<%*64+(84+';;4&(4>+'<4'+%:,
:4>%'(4$9+;)<+'(+$4'6(+N\+:%*"(46+7%(8+'+$)(+);+7'(4<+'*>+&)*('&(+'+>)&()<B
● D;+(84+4$4&(<)$9(4+&):46+%*()+&)*('&(+7%(8+68)46+'*>Y)<+&$)(8%*=L+<%*64+(84+';;4&(4>+'<4'+%:,
:4>%'(4$9+;)<+'(+$4'6(+N\+:%*"(46+7%(8+'+$)(+);+7'(4<B+E$4'*+(84+68)46+'*>+&$)(8%*=+(8)<,
)"=8$9+#4;)<4+74'<%*=+'='%*B
● D;+4$4&(<)$9(4+%6+67'$$)74>L+<%*64+)"(+(84+:)"(8+7%(8+'+$)(+);+7'(4<+;)<+'(+$4'6(+N\+:%*"(46B
-)+*)(+%*>"&4+@):%(%*=+"*$466+%(+%6+)<>4<4>+#9+'+>)&()<B+E'$$+;)<+:4>%&'$+'66%6('*&4
%::4>%'(4$9B

/G3DE1
D;+(84+=$'66+)*+'*+'"():'(%&+>%::%*=+:%<<)<+#<4'J6L+4$4&(<)$9(4+&'*+$4'J+)"(B+38%6+;$"%>+>':'=46
H$'6(%&+6"<;'&46B+24:)@4+(84+;$"%>+'6+6))*+'6+H)66%#$4L+;)<+45':H$4+"6%*=+'+74(+6H)*=4B

@$*%85$"(>5%%2%
R%=B+
R%=B+NN+ G*+(84+7%*>68%4$>T+'"():'(%&+>%::%*=+<4'<@%47+:%<<)<B
R%=B+
R%=B+QQ+ G*+(84+7%*>68%4$>T+:'*"'$+>%::%*=+<4'<@%47+:%<<)<B

:+.2>*.59(C5>>5#6(%$*%85$"(>5%%2%
C84*+(84+%=*%(%)*+%6+)*L+(84+64*6)<6+:4'6"<4+(84+':)"*(+);+$%=8(+4*(4<%*=+;<):+(84+<4'<
M+;%=B+N + N +'*>+;<):+(84+;<)*(+ Q B

-4H4*>%*=+)*+(84+:4'6"<4>+@'$"46L+(84+<4'<@%47+:%<<)<+7%$$+>%:+'"():'(%&'$$9 B
D;+(84+':)"*(+);+$%=8(+4*(4<%*=+(84+64*6)<6+%6+$%:%(4>+)<+%*(4<<"H(4>L+;)<+45':H$4+#9+'+6"*68'>4+)<
'(('&8:4*(L+(84+'"():'(%&+>%::%*=+<4'<@%47+:%<<)<+:'9+*)(+;"*&(%)*+)<+:'9+:'$;"*&(%)*B+a),
#%$4+*'@%='(%)*+>4@%&46+)*+(84+7%*>68%4$>+)<+*4'<+(84+'"():'(%&+>%::%*=+<4'<@%47+:%<<)<+&'*
'$6)+';;4&(+(84+64*6)<6+M+24'<@%47+:%<<)< B
."():'(%&+>%::%*=+7%$$+#4+>4'&(%@'(4>+%*+6):4+6%("'(%)*6L+;)<+45':H$4+784*+<4@4<64+=4'<+%6
4*='=4>B

)*#+*,(C5>>5#6(%$*%85$"(>5%%2%
— ['64+H)6%(%)*T+$4@4<+)*+(84+$)74<+4>=4+);+(84+:%<<)<+H)%*(6+;)<7'<>+()7'<>+(84+7%*>68%4$>B
— 3)+>%:L+H"$$+(84+$4@4<+#'&J+M+;%=B+Q B

C.2/D/0
384+%$$":%*'(4>+>%6H$'9+)*+'+:)#%$4+*'@%='(%)*+>4@%&4+&'*+&'"64+(84+'"():'(%&+>%::%*=
<4'<@%47+:%<<)<+()+:'$;"*&(%)*L+78%&8+&'*+<46"$(+%*+'&&%>4*(6+'*>+64<%)"6+%*A"<%46B
● D;+(84+'"():'(%&+>%::%*=+;"*&(%)*+:'$;"*&(%)*6L+%(+:'9+*)(+#4+H)66%#$4+()+"64+(84+<4'<@%47
:%<<)<+()+4@'$"'(4+(84+45'&(+>%6('*&4+()+@48%&$46+)<+)(84<+)#A4&(6+#48%*>+(84+@48%&$4B

;<.$%52%(>5%%2%'
R%=B+
R%=B+NN+ D*+(84+><%@4<+>))<T+J*)#+;)<+(84+45(4<%)<+:%<<)<6B

384+;)$$)7%*=+%*;)<:'(%)*+>46&<%#46+(84+45(4<%)<+:%<<)<+;"*&(%)*6+;)<+$4;(,8'*>+><%@4+@48%&$46B+!),
6%(%)*+ +&)<<46H)*>6+()+(84+45(4<%)<+:%<<)<+)*+(84+><%@4<c6+6%>4L+'*>+H)6%(%)*+ +&)<<46H)*>6+()+(84
45(4<%)<+:%<<)<+)*+(84+H'664*=4<d6+6%>4B+384+)HH)6%(4+%6+(<"4+%*+@48%&$46+7%(8+<%=8(,8'*>+><%@4B
— W7%(&8+(84+%=*%(%)*+)*B
— 3"<*+(84+J*)#+%*+(84+><%@4<d6+>))<+()+(84+>46%<4>+69:#)$+M+;%=B+N B
— !<466+(84+J*)#+;)<7'<>L+#'&JL+<%=8(L+)<+$4;(+%*+(84+>%<4&(%)*+);+(84+'<<)7+()+'>A"6(+(84+45(4<%)<
:%<<)<B

F646+(84+H)74<+;)$>%*=+;"*&(%)*+()+;)$>+(84+45(4<%)<+:%<<)<+%*+)*+(84+@48%&$4+M+15(4<%)<
:%<<)<6 B

W7%(&846+)*+(84+45(4<%)<+:%<<)<+84'(%*=B+384+45(4<%)<+:%<<)<+84'(%*=+)*$9+7)<J6+784*+(84
)"(6%>4+(4:H4<'("<4+%6+#4$)7+]_+kR+UQP+kEV+'*>+H<)@%>46+(84+:)6(+84'(+784*+%(+;%<6(+("<*6
)*B+.;(4<+'#)"(+(7)+:%*"(46L+(84+:%<<)<6+7%$$+#4+84'(4>+#'64>+)*+(84+)"(6%>4+(4:H4<'("<4B

.>A"6(6+(84+$4;(+45(4<%)<+:%<<)<B

.>A"6(6+(84+<%=8(+45(4<%)<+:%<<)<B

/4"(<'$+H)6%(%)*B+384+45(4<%)<+:%<<)<+&'**)(+#4+'>A"6(4>+'*>+'$$+;"*&(%)*6+'<4+67%(&84>+);;B

:9.58*.5#6($<.$%52%(>5%%2%(3+#9.52#'
384+;)$$)7%*=+45(4<%)<+:%<<)<+;"*&(%)*6+:"6(+#4+'&(%@'(4>+%*+(84+@48%&$4+64((%*=6+%*+(84+D*;)('%*,
:4*(+696(4:+#4;)<4+(849+'<4+"64>+;)<+(84+;%<6(+(%:4+UM+X48%&$4+64((%*=6+:4*"L+GH4<'(%)*V B

F1#9/%2#5V$C(>5%%2%(*CN+'.>$#.
384+69*&8<)*%?4>+:%<<)<+'>A"6(:4*(+;4'("<4+6%:"$('*4)"6$9+'>A"6(6+(84+<%=8(,6%>4+45(4<%)<+:%<<)<
()+:'(&8+'>A"6(:4*(6+()+(84+$4;(,6%>4+45(4<%)<+:%<<)<B
— 3"<*+(84+J*)#+()+(84+ +H)6%(%)*B
— .>A"6(+(84+$4;(+45(4<%)<+:%<<)<B+384+<%=8(+45(4<%)<+:%<<)<+7%$$+#4+'>A"6(4>+(84+6':4+7'9+U69*,
&8<)*%?4>VB
— E)<<4&(+(84+'>A"6(:4*(+);+(84+<%=8(+45(4<%)<+:%<<)<+%;+*4&466'<9T+("<*+(84+J*)#+()+(84+ +H)6%(%)*
'*>+'>A"6(+(84+<%=8(+45(4<%)<+:%<<)<B

?2,C5#6(./$($<.$%52%(>5%%2%'(5#("/5,$(=*%05#6
D;+(84+@48%&$4+%6+$)&J4>+)<+"*$)&J4>+;<):+(84+)"(6%>4L+(84+45(4<%)<+:%<<)<6+7%$$+'"():'(%&'$$9+;)$>
%*+)<+)"(B+R)<+(8%6+()+8'HH4*L+(84+J*)#+:"6(+#4+%*+(84+ L+ L+ +)<+ +H)6%(%)*B
D;+(84+J*)#+;)<+H)74<+45(4<%)<+:%<<)<6+%6+%*+(84+ +H)6%(%)*L+(84+45(4<%)<+:%<<)<6+7%$$+<4:'%*+;)$>4<
%*B

F.2%5#6(*#C(%$9*,,5#6(./$(3%2#.(=*''$#6$%B'($<.$%52%(>5%%2%(=2'5M
.52#("/$#(C%585#6(5#(%$8$%'$
— F*$)&J+(84+@48%&$4+"6%*=+(84+@48%&$4+J49+784<4+(84+64((%*=+68)"$>+#4+'66%=*4>B
— W4(+(84+4$4&(<)*%&+H'<J%*=+#<'J4B
— W7%(&8+(84+%=*%(%)*+)*B
— [<%*=+(84+(<'*6:%66%)*+%*()+(84+*4"(<'$+H)6%(%)*B
— W4$4&(+(84+<4@4<64+=4'<B
— .>A"6(+(84+;<)*(+H'664*=4<c6+45(4<%)<+:%<<)<+6)+(8'(+(84+'<4'+);+(84+&"<#+%6+@%6%#$4B
— [<%*=+(84+(<'*6:%66%)*+%*()+(84+*4"(<'$+H)6%(%)*B
— W7%(&8+(84+%=*%(%)*+);;B
— 384+64$4&(4>+:%<<)<+H)6%(%)*+7%$$+#4+6()<4>+'*>+'66%=*4>+()+(84+@48%&$4+J49B

24&'$$%*=+(84+;<)*(+H'664*=4<d6+:%<<)<+64((%*=6+;)<+><%@%*=+%*+<4@4<64
— 3"<*+(84+J*)#+;)<+(84+45(4<%)<+:%<<)<+()+(84+ +H)6%(%)*B
— C%(8+(84+%=*%(%)*+67%(&84>+)*L+68%;(+%*()+<4@4<64+=4'<B+384+<%=8(+45(4<%)<+:%<<)<+7%$$+'>A"6(+()
(84+6()<4>+H)6%(%)*B

384+:%<<)<+7%$$+45%(+(84+H)6%(%)*+6()<4>+;)<+><%@%*=+%*+<4@4<64+784*+9)"+#4=%*+><%@%*=+;)<7'<>
;'6(4<+(8'*+'HH<)5%:'(4$9+`+:H8+UN\+J:Y8V+)<+784*+(84+J*)#+%6+("<*4>+)"(+);+H)6%(%)*+ +()+'*9
)(84<+H)6%(%)*B
C.2/D/0
D*'((4*(%@4$9+;)$>%*=+(84+45(4<%)<+:%<<)<6+)"(+'*>+%*+&'*+&'"64+%*A"<%46B
● -)+*)(+;)$>+(84+45(4<%)<+:%<<)<6+)"(+)<+%*+%;+(84<4+'<4+'*9+)#6('&$46+%*+(84+7'9B
● .$7'96+:'J4+6"<4+9)"<+;%*=4<6+>)+*)(+=4(+H%*&84>+#4(744*+(84+)"(6%>4+:%<<)<+'*>+(84+:%<,
<)<+#'64+784*+:)@%*=+(84+:%<<)<B

/G3DE1
● .$7'96+;)$>+(84+45(4<%)<+:%<<)<6+%*+784*+=)%*=+(8<)"=8+'*+'"():'(%&+&'<+7'68B
● -)+*)(+;)$>+H)74<+45(4<%)<+:%<<)<6+%*+)<+)"(+#9+8'*>+#4&'"64+(84+:%<<)<+:)()<+&)"$>+#4
>':'=4>B

b4'@4+(84+45(4<%)<+:%<<)<+84'(%*=+)*+)*$9+'6+$)*=+'6+%(+%6+*44>4>B+G(84<7%64+;"4$+7%$$+#4+"64>
"**4&466'<%$9B

D;+(84<4+%6+'+:'$;"*&(%)*+%*+(84+H)74<+45(4<%)<+:%<<)<L+9)"+&'*+'>A"6(+(84+H)6%(%)*+);+(84
:%<<)<+:'*"'$$9+#9+8'*>+#9+H"68%*=+)*+(84+4>=4+);+(84+:%<<)<+6"<;'&4B

W):4+64((%*=6+&'*+#4+6'@4>+%*+(84+><%@4<+H4<6)*'$%?'(%)*+"64<+H<);%$46+'*>+&8'*=4+'"(),
:'(%&'$$9+784*+H<);%$46+'<4+67%(&84>+UM+-<%@4<+H4<6)*'$%?'(%)*L+-46&<%H(%)*V B

F+#'/*C$

F+#(85'2%'

R%=B+
R%=B+NN+ D*+(84+;<)*(+);+(84+84'>$%*4<T+6"*+@%6)<B

:CN+'.>$#.(2=.52#'(32%(C%58$%B'(*#C(3%2#.(=*''$#6$%&'('+#(85'2%'X
— R)$>+()7'<>+(84+7%*>68%4$>B
— 24:)@4+;<):+(84+8)$>4<+'*>+(%$(+()7'<>+(84+>))<+M+;%=B+N + . B

G,,+>5#*.$C(8*#5.1(>5%%2%
C84*+(84+6"*+@%6)<+%6+;)$>4>+>)7*L+(84<4+%6+'+@'*%(9+:%<<)<+$)&'(4>+#48%*>+'+&)@4<B+384+$%=8(6
M+;%=B+N + N +("<*+)*+784*+(84+&)@4<+M+;%=B+N + [ +6$%>46+)H4*B

C.2/D/0
X%6%#%$%(9+:'9+#4+<4>"&4>+784*+6"*+@%6)<6+'<4+;)$>4>+>)7*+'*>+(84+6"*68'>46+'<4+45(4*>4>B
● .$7'96+="%>4+6"*+@%6)<6+'*>+6"*68'>46+#'&J+%*()+(84%<+8)$>4<6+784*+(849+'<4+*)+$)*=4<
*44>4>B

F*>4<+&4<('%*+&)*>%(%)*6L+(84+$%=8(+'#)@4+(84+6"*+@%6)<+7%$$+("<*+);;+'"():'(%&'$$9+';(4<
64@4<'$+:%*"(46B+38%6+<4>"&46+(84+<%6J+);+(84+NQ+X+@48%&$4+#'((4<9+#4%*=+><'%*4>B

L$*.5#6(*#C(:]E('1'.$>

L$*.5#6P(8$#.5,*.52#P(*#C(*5%(92#C5.52#5#6

G#.%2C+9.52#

E$%:'(<)*%&
E$%:'(<)*%&+%6+'*+'"():'(%&+'%<+&)*>%(%)*%*=+696(4:+78%&8+7'<:6L+&))$6+'*>+>48":%>%;%46+(84
'%<B+D*+'"():'(%&+:)>4L+E$%:'(<)*%&+&'*+'"():'(%&'$$9+&)*(<)$+(84+'%<+(4:H4<'("<4L+'%<+>%6(<%#"(%)*
'*>+(84+@)$":4+);+'%<B
384+'%<+&)*>%(%)*4<+%6+:)6(+4;;4&(%@4+784*+(84+@48%&$4+%*(4<%)<+%6+J4H(+&$)64>B+D;+(84<4+%6+'+#"%$>,"H
);+84'(+%*6%>4+(84+@48%&$4L+@4*(%$'(%)*+&'*+84$H+()+6H44>+"H+(84+&))$%*=+H<)&466B

A5'=,*1(23(*9.58*.$C(3+#9.52#'
D$$":%*'(4>+69:#)$6+)*+(84+#"(()*6+%*>%&'(4+(8'(+(84+;"*&(%)*+%6+'&(%@'(4>B
D*+(84+'%<+&)*>%(%)*%*=+64((%*=6+%*+(84+D*;)('%*:4*(+696(4:L+;"*&(%)*+J496+8%=8$%=8(4>+7%(8+&)$)<6
%*>%&'(4+(8'(+'+;"*&(%)*+%6+67%(&84>+)*B

:5%(92#C5.52#$%("5./(8259$(92>>*#C(2=$%*.52#
W):4+);+(84+'%<+&)*>%(%)*4<+;"*&(%)*6+&'*+#4+)H4<'(4>+7%(8+@)%&4+&)*(<)$L+>4H4*>%*=+)*+(84+@48%,
&$4+4I"%H:4*(+UM+-46&<%H(%)*L+X)%&4+&)*(<)$V B
C.2/D/0
!))<+@%6%#%$%(9+(8<)"=8+(84+7%*>)76+%*&<4'646+(84+<%6J+);+&)$$%6%)*6+'*>+'&&%>4*(6+(8'(+&'*+&'"64
64<%)"6+%*A"<9B
● S44H+'$$+7%*>)76+;<44+);+%&4L+6*)7L+'*>+;)=+()+8'@4+=))>+@%6%#%$%(9B
● .>A"6(+(84+84'(%*=L+'%<+&)*>%(%)*4<L+'*>+<4'<+7%*>)7+>4;<)6(4<+()+'+64((%*=+784<4+(84+7%*,
>)76+>)+*)(+;)=+"HB
● G*$9+6('<(+><%@%*=+784*+'$$+7%*>)76+'<4+&$4'<B
● G*$9+"64+<4&%<&"$'(%)*+:)>4+;)<+'+68)<(+(%:4B+G(84<7%64L+(84+7%*>)76+&)"$>+;)=+"H+@4<9
I"%&J$9+'*>+=<4'($9+<4>"&4+@%6%#%$%(9B
● .$7'96+67%(&8+);;+<4&%<&"$'(%)*+:)>4+784*+%(+%6+*)(+*4&466'<9B

/G3DE1
R))>L+:4>%&'(%)*L+'*>+)#A4&(6+(8'(+'<4+64*6%(%@4+()+84'(+)<+&)$>+&'*+#4&):4+>':'=4>+)<+"*"6,
'#$4+;<):+(84+'%<+&):%*=+)"(+);+(84+@4*(6B
● -)+*)(+H$'&4+'*9+;))>L+:4>%&'(%)*L+)<+)(84<+)#A4&(6+(8'(+'<4+64*6%(%@4+()+(4:H4<'("<4+%*
;<)*(+);+(84+@4*(6B

/G3DE1
D;+(84+&$%:'(4+&)*(<)$+696(4:+%6+*)(+7)<J%*=L+67%(&8+%(+);;+%::4>%'(4$9+'*>+8'@4+%(+%*6H4&(4>+#9
'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B+38%6+&'*+<4>"&4+(84
<%6J+);+;"<(84<+>':'=4B

W):4+64((%*=6+&'*+#4+6'@4>+%*+(84+><%@4<+H4<6)*'$%?'(%)*+"64<+H<);%$46+'*>+7%$$+&8'*=4+%;
(84+"64<+H<);%$4+%6+67%(&84>+UM+-<%@4<+H4<6)*'$%?'(%)*L+-46&<%H(%)*V B

!8$%85$"(23(./$(3+#9.52#'

E4<('%*+;"*&(%)*6+);+(84+'%<+&)*>%(%)*4<+'*>+:4*"+('#6+%*+(84+D*;)('%*:4*(+696(4:+'6+74$$+'6+'*
'%<+&)*>%(%)*%*=+#$)&J+;)<+(84+<4'<+64'(+>4H4*>+)*+(84+@48%&$4+4I"%H:4*(B

G#(./$(+==$%(9$#.$%(92#'2,$

GH4*+(84+&$%:'(4+&)*(<)$+64((%*=6+%*+(84+D*;)('%*:4*(+696(4:B

5#(./$(G#32.*5#>$#.('1'.$>X(K2=(23(./$('9%$$#

W7%(&8+(84+'%<+&)*>%(%)*%*=+696(4:+)*+'*>+);;B

5#(./$(G#32.*5#>$#.('1'.$>X(D2..2>(23(./$('9%$$#
+s+ .>A"6(+(84+(4:H4<'("<4B+-4H4*>%*=+)*+(84+@48%&$4+4I"%H:4*(L+9)"+&'*+'>A"6(+(84+(4:H4<',
("<4+>%<4&($9+%*+(84+D*;)('%*:4*(+696(4:+)<+@%'+'+()"&8+&)*(<)$+"*>4<+(84+D*;)('%*:4*(
696(4:B
384+64(+(4:H4<'("<46+'<4+>%6H$'94>+'(+(84+#)(():+);+(84+6&<44*+%*+(84+D*;)('%*:4*(
696(4:B
AS!..HH$9+(4:H4<'("<4+64((%*=6+;)<+(84+><%@4<+6%>4+()+'$$+64'(6B

W7%(&8+64'(+84'(%*=+)*+'*>+);;+UM+GH4<'(%)*L+W4'(+84'(%*=V B
40B4GH4*+(84+64((%*=6+;)<+(84+<4'<+64'(6B

G#(./$(G#32.*5#>$#.('1'.$>X(
G#(./$(G#32.*5#>$#.('1'.$>X(.,"**$21.,$7"&/
.,"**$21.,$7"&/(>$#+(.*4
(>$#+(.*4
B8&' 384+64(+'%<+(4:H4<'("<4+%6+:'%*('%*4>+&)*6('*(B+384+'%<+@)$":4+'*>+'%<+>%6(<%#"(%)*+'<4+'",
():'(%&'$$9+&)*(<)$$4>B+."():'(%&+:)>4+67%(&846+);;+784*+(84+#$)74<+6H44>+%6+&8'*=4>
:'*"'$$9B+384+#$)74<+H)74<+%*+'"():'(%&+:)>4+&'*+#4+&)*(<)$$4>+@%'+(84+'%<+&)*>%(%)*%*=
H<);%$46B+.+H<4;4<4*&4+;)<+'"():'(%&+:)>4+&'*+#4+64$4&(4>+;)<+'+$%:%(4>+H4<%)>+);+(%:4+%*
(84+A7"6&1.,$7"&/
A7"6&1.,$7"&/+:4*"+('#B

.>A"6(+(84+#$)74<+6H44>B

W7%(&8+'%<+<4&%<&"$'(%)*+)*+'*>+);;+UM+GH4<'(%)*L+.%<+<4&%<&"$'(%)*V B
BJ. 384+'%<+%6+&))$4>+'*>+>48":%>%;%4>+%*+&))$%*=+:)>4B

-%<4&(+'%<+()+(84+"HH4<+#)>9B

-%<4&(+'%<+%*()+(84+;))(74$$B

-%<4&(+'%<+()+(84+"HH4<+#)>9+'*>+%*()+(84+;))(74$$B

-%<4&(+'%<+)*()+(84+7%*>68%4$>+'*>+%*()+(84+;))(74$$B

-%<4&(+'%<+)*()+(84+7%*>68%4$>B

G#(./$(G#32.*5#>$#.('1'.$>X(
G#(./$(G#32.*5#>$#.('1'.$>X(A7"6&1.,$7"&/
A7"6&1.,$7"&/(>$#+(.*4
(>$#+(.*4
D;+'+A7"6&1.,$7"&/
A7"6&1.,$7"&/+;"*&(%)*+%6+67%(&84>+)*L+'"():'(%&+:)>4+%6+'$6)+67%(&84>+)*B+384+A7"6&
A7"6&
.,$7"&/
.,$7"&/+;"*&(%)*6+<4:'%*+67%(&84>+)*+;)<+'+68)<(+(%:4+'*>+'"():'(%&+:)>4+'$6)+<4:'%*6
67%(&84>+)*+)*&4+(8%6+(%:4+8'6+4$'H64>B

E$4'<+;)=+'*>+%&4+;<):+(84+7%*>68%4$>B

-%<4&(+7'<:+'%<+%*()+(84+;))(74$$B

-%<4&(+7'<:+'%<+)*()+(84+6(44<%*=+7844$B

-%<4&(+&))$+'%<+%*()+(84+;))(74$$B

-%<4&(+;<468+'%<+;<):+)"(6%>4+%*()+(84+@48%&$4+%*(4<%)<B

G#(./$(G#32.*5#>$#.('1'.$>X(
G#(./$(G#32.*5#>$#.('1'.$>X(B$61."6/
B$61."6/(>$#+(.*4
(>$#+(.*4
384+.%<+E'<4+E$%:'(<)*%&+'$$4<=4*+;%$(4<+&'*+$%:%(+(84+4*(<'*&4+);+8'?'<>)"6+6"#6('*&46+'6
B$61."6/
74$$+'6+'$$4<=4*6+UM+GH4<'(%)*L+.%<+<4&%<&"$'(%)*V B
G#(./$(G#32.*5#>$#.('1'.$>X(F$..5#6'(
E$%:'(<)*%&+64((%*=6
— W7%(&8+)*+'"():'(%&+'%<+<4&%<&"$'(%)*+UM+.%<+<4&%<&"$'(%)*L+GH4<'(%)*V B

W4((%*=6+;)<+@48%&$4+6('<(
— 3)+'"():'(%&'$$9+67%(&8+)*+64'(+84'(%*=+)<+6(44<%*=+7844$+84'(%*=+>4H4*>%*=+)*+(84+(4:H4<',
("<4+%*+(84+@48%&$4+%*(4<%)<+784*+6('<(%*=+(84+4*=%*4L+('H+(84+<4$4@'*(+;"*&(%)*+J49B

G#(./$(G#32.*5#>$#.('1'.$>X(
G#(./$(G#32.*5#>$#.('1'.$>X(B8T$,$"6-1:/"&/6
B8T$,$"6-1:/"&/6(>$#+
(>$#+

B8T$,$"6-1:/"&/6+:4*"+%*+(84+D*;)('%*:4*(+696(4:+UM+-46&<%H(%)*L+."5%$%'<9
GH4*+(84+B8T$,$"6-1:/"&/6
84'(4<+'*>+@4*(%$'(%)*V B

!#(./$(>+,.5M3+#9.52#('.$$%5#6("/$$,

W7%(&8+6(44<%*=+7844$+84'(%*=+)*+'*>+);;+UM+GH4<'(%)*L+W(44<%*=+7844$+84'(%*=V B

E2#.%2,(.2(./$(,$3.(23(./$(>+,.5M3+#9.52#('.$$%5#6("/$$,

W7%(&8+(84+<4'<+7%*>)7+>4;<)6(4<+)*+'*>+);;+78%$4+(84+4*=%*4+%6+<"**%*=B
384+<4'<+7%*>)7+>4;<)6(4<+67%(&846+);;+'"():'(%&'$$9+';(4<+:'5%:":+NP+:%*"(46B

384+E$%:'(<)*%&+>4;<)6(+;"*&(%)*+&$4'<6+;)=+'*>+%&4+;<):+(84+7%*>68%4$>B
384+'%<+%6+>48":%>%;%4>+'*>+(84+#$)74<+%6+64(+()+'+8%=84<+6H44>B

/G3DE1
3)+<4>"&4+(84+<%6J+);+>':'=4+()+(84+<4'<+7%*>)7+>4;<)6(4<L+>)+*)(+'HH$9+'*9+6(%&J4<6+)*+(84
84'(%*=+7%<46+)*+(84+%*6%>4+);+(84+7%*>)7B

F$..5#6'(32%(./$(%$*%('$*.'
+s+ .>A"6(+(84+(4:H4<'("<4B
384+64(+(4:H4<'("<46+'<4+68)7*+)*+(84+>%6H$'96B

W7%(&8+64'(+84'(%*=+)*+'*>+);;+UM+GH4<'(%)*L+W4'(+84'(%*=V B

D;+40B41L5.R
40B41L5.R+%6+'&(%@'(4>+%*+(84+D*;)('%*:4*(+696(4:L+(84+<4'<+'%<+&)*>%(%)*%*=+#$)&J
&'**)(+#4+"64>B

@$95%9+,*.52#(>2C$

/)+;<468+'%<+7%$$+4*(4<+(84+@48%&$4+%*(4<%)<+784*+<4&%<&"$'(%)*+:)>4+%6+67%(&84>+)*B
F"5.9/5#6(>*#+*,(*5%(%$95%9+,*.52#(2#(*#C(233
NB+ 3'H+ +%*+(84+"HH4<+&4*(4<+&)*6)$4B
QB+ 3'H+ +%*+(84+D*;)('%*:4*(+696(4:B

:+.2>*.59(%$95%9+,*.52#(>2C$(2#(./$(E,5>*.%2#59('1'.$>
C84*+'"():'(%&+'%<+<4&%<&"$'(%)*+%6+67%(&84>+)*L+;<468+'%<+4*(4<6+(84+@48%&$4+%*(4<%)<+%*%(%'$$9B+D;
(84+696(4:+>4(4&(6+4$4@'(4>+H)$$"(%)*+$4@4$6+%*+(84+)"(6%>4+'%<L+%(+67%(&846+)*+<4&%<&"$'(%)*+:)>4
'"():'(%&'$$9B+24&%<&"$'(%)*+:)>4+67%(&846+);;+'"():'(%&'$$9+)*&4+(84+H)$$"(%)*+$4@4$+<4("<*6+()
(84+*)<:'$+<'*=4B+384+696(4:+&'**)(+>4(4&(+"*H$4'6'*(+)>)<6B

NB+ 3'H+ +%*+(84+"HH4<+&4*(4<+&)*6)$4B


QB+ W7%(&8+'"():'(%&+'%<+<4&%<&"$'(%)*+)*+)<+);;+7%(8+ + +B8&'7"&$21"$616/2$628,"&$'(
B8&'7"&$21"$616/2$628,"&$'(B

B$61."6/
B$61."6/(a(E,5>*.%2#59("5./(*,,$%6$#(35,.$%
(a(E,5>*.%2#59("5./(*,,$%6$#(35,.$%
384+.%<+E'<4+E$%:'(<)*%&+'$$4<=4*+;%$(4<+&'*+$%:%(+(84+4*(<'*&4+);+8'?'<>)"6+6"#6('*&46+'6+74$$+'6
'$$4<=4*6B
D;+.%<+E'<4+E$%:'(<)*%&+%6+67%(&84>+)*L+(84+'%<+<4&%<&"$'(%)*+);+(84+'%<+&)*>%(%)*%*=+696(4:+%6+:'5%,
:%?4>+'6+;'<+'6+H4<:%((4>+#9+(84+<%6J+);+;)==%*=+"H+(84+7%*>)76+>4H4*>%*=+)*+(84+8":%>%(9+%*
(84+@48%&$4+%*(4<%)<+'*>+(84+)"(6%>4+(4:H4<'("<4B+.%<+<4&%<&"$'(%)*+%6+&)*(<)$$4>+'"():'(%&'$$9+'*>
'>'H(6+%(64$;+&)*(%*")"6$9+()+H<4@4*(+@48%&$4+)&&"H'*(+;'(%="4B

NB+ 3'H+ +%*+(84+"HH4<+&4*(4<+&)*6)$4B

QB+ W7%(&8+(84+.%<+E'<4+;"*&(%)*+)*+)<+);;+7%(8+B$61."6/
B$61."6/+ +B2&$#/
B2&$#/B

-/$#(C2$'(%$95%9+,*.52#(>2C$('"5.9/(233T
24&%<&"$'(%)*+:)>4+7%$$+67%(&8+);;+%*+(84+;)$$)7%*=+6%("'(%)*6+M+ T
— D;+(84+>4;<)6(+;"*&(%)*+%6+67%(&84>+)*B
— D;+'+64*6)<+>4(4&(6+(8'(+(84+7%*>)76+&)"$>+;)=+"HB

C.2/D/0
b'&J+);+'%<+&%<&"$'(%)*+&'*+$4'>+()+6">>4*+><%@4<+;'(%="4+'*>+$'&J+);+&)*&4*(<'(%)*L+78%&8+&'*
&'"64+&)$$%6%)*6L+'&&%>4*(6L+'*>+64<%)"6+%*A"<%46B
● /4@4<+"64+<4&%<&"$'(%)*+:)>4+;)<+$)*=+H4<%)>6+);+(%:4L+#4&'"64+(8%6+H<4@4*(6+;<468+'%<+;<):
4*(4<%*=+(84+H'664*=4<+&):H'<(:4*(B
● G*$9+"64+<4&%<&"$'(%)*+:)>4+;)<+'+68)<(+(%:4B+G(84<7%64L+(84+7%*>)76+&)"$>+;)=+"H+@4<9
I"%&J$9+'*>+=<4'($9+<4>"&4+@%6%#%$%(9B
● .$7'96+67%(&8+);;+<4&%<&"$'(%)*+:)>4+784*+%(+%6+*)(+*4&466'<9B
/G3DE1
-)+*)(+6:)J4+%*+(84+@48%&$4+784*+<4&%<&"$'(%)*+:)>4+%6+67%(&84>+)*B+384+6:)J4+&'*+64(($4+)*
(84+'%<+&)*>%(%)*%*=+696(4:+4@'H)<'()<+'6+74$$+'6+(84+>"6(+'*>+H)$$4*+;%$(4<+7%(8+'&(%@'(4>+&8'<,
&)'$+%*64<(+'*>+&'"64+H4<:'*4*(+)>)<6B

C84*+<4@4<64+=4'<+%6+4*='=4>+)<+78%$4+(84+'"():'(%&+7'68+'*>+7%H4+696(4:+%6+)*L+<4&%<,
&"$'(%)*+:)>4+67%(&846+)*+'"():'(%&'$$9+6)+(8'(+*)+)>)<6+7%$$+4*(4<+(84+@48%&$4+%*(4<%)<B

C84*+(84<4+'<4+@4<9+8%=8+)"(6%>4+(4:H4<'("<46L+:'*"'$+<4&%<&"$'(%)*+:)>4+84$H6+#<%4;$9
()+&))$+>)7*+(84+@48%&$4+%*(4<%)<+;'6(4<B

F$*.(/$*.5#6

C84*+(84+4*=%*4+%6+<"**%*=L+(84+;<)*(+64'(6+'*>+)"(4<+<4'<+64'(6+:'9+#4+4$4&(<%&'$$9+84'(4>+%*
(8<44+6('=46B

F$*.(/$*.5#6(,$8$,'
384+)H4<'(%)*+6('("6+);+(84+64'(+84'(%*=+%6+<4H<464*(4>+#9+&)$)<6+%*+(84+D*;)('%*:4*(+696(4:T
— .(+(84+8%=846(+84'(%*=+$4@4$L+'$$+(8<44+%*>%&'()<6+"*>4<+ +)<+ +%*+(84+D*;)('%*:4*(+696(4:+'<4
<4>B

W'5#6(./$('$*.(/$*.5#6(3+#9.52#

NB+ 3'H+ +%*+(84+"HH4<+&4*(4<+&)*6)$4B

QB+ 3)+67%(&8+)*+(84+64'(+84'(%*=+'(+(84+8%=846(+84'(%*=+$4@4$L+('H+ +)<+ +'(+(84+#)(():+4>=4+);


(84+6&<44*B
OB+ 3)+64(+(84+84'(%*=+$4@4$L+('H+ +)<+ +<4H4'(4>$9B

ZB+ 3)+67%(&8+(84+64'(+84'(%*=+);;L+('H+ +)<+ +<4H4'(4>$9+"*(%$+(84+69:#)$+%6+=<'9B

— G2T
G2T+3)+67%(&8+(84+64'(+84'(%*=+)*+)<+);;L+('H+7%(8+(7)+;%*=4<6+)*+(84+()"&8+&)*(<)$+"*>4<+(84
D*;)('%*:4*(+696(4:+)*+(84+><%@4<d6+)<+H'664*=4<d6+6%>4+U>4H4*>%*=+)*+(84+@48%&$4+4I"%H:4*(VB

D;+(84+%=*%(%)*+%6+67%(&84>+#'&J+)*+7%(8%*+'HH<)5%:'(4$9+NP+:%*"(46L+(84+$'6(+84'(%*=+$4@4$+64(+;)<
(84+><%@4<c6+64'(+%6+'"():'(%&'$$9+'&(%@'(4>B

-/$#('/2+,C(./$('$*.(/$*.5#6(3+#9.52#(#2.(4$(.+%#$C(2#T
-)+*)(+("<*+)*+(84+64'(+84'(%*=+;"*&(%)*+"*>4<+'*9+);+(84+;)$$)7%*=+&)*>%(%)*6T
— 384+64'(+%6+)&&"H%4>+#9+'+H4<6)*+7%(8+'+$%:%(4>+H4<&4H(%)*+);+H'%*+)<+(4:H4<'("<4+M+ B
— 384+64'(+%6+*)(+)&&"H%4>
— 384+64'(+%6+&)@4<4>+7%(8+'+64'(+&)@4<
— .+&8%$>+<46(<'%*(+%6+%*6('$$4>+)*+(84+64'(
— 384+64'(+6"<;'&4+%6+>':H+)<+74(
— 384+%*(4<%)<+)<+45(4<%)<+(4:H4<'("<4+%6+8%=84<+(8'*+j^^+kR+UjQ\+kEVB

C.2/D/0
!4)H$4+78)+&'**)(+H4<&4%@4+H'%*+)<+(4:H4<'("<4+)<+78)+8'@4+'+$%:%(4>+H4<&4H(%)*+);+(8464+>"4
()+:4>%&'(%)*L+H'<'$96%6L+)<+&8<)*%&+%$$*46646+6"&8+'6+>%'#4(46+&)"$>+>4@4$)H+#"<*6+)<+89H)(84<,
:%'+)*+(84+#'&JL+#"(()&J6L+'*>+$4=6+784*+"6%*=+64'(+84'(%*=B+W"&8+%*A"<%46+&)"$>+('J4+'+@4<9
$)*=+(%:4+()+84'$+)<+:'9+*4@4<+84'$+&):H$4(4$9B+E)*('&(+'+:4>%&'$+>)&()<+;)<+I"46(%)*6+'#)"(
H4<6)*'$+84'$(8+&)*>%(%)*6B
● !4)H$4+7%(8+'+$%:%(4>+H4<&4H(%)*+);+H'%*+'*>Y)<+(4:H4<'("<4+:"6(+*4@4<+"64+(84+64'(+84'(,
%*=+;"*&(%)*B

C.2/D/0
D;+(84+64'(+&)@4<+%6+6)'J4>+(8<)"=8L+(8%6+&'*+&'"64+(84+64'(+84'(%*=+()+:'$;"*&(%)*+'*>+%*&<4'64
(84+<%6J+);+#"<*6B
● a'J4+6"<4+(84+64'(+6"<;'&4+%6+><9+#4;)<4+"6%*=+(84+64'(+84'(%*=+;"*&(%)*B
● /4@4<+6%(+)*+(84+64'(+78%$4+74'<%*=+>':H+)<+74(+&$)(8%*=B
● -)+*)(+H$'&4+'*9+>':H+)<+74(+)#A4&(6+'*>+&$)(8%*=+)*+(84+64'(B
● -)+*)(+H)"<+'*9+;$"%>6+)*+(84+64'(B

/G3DE1
● 3)+H<4@4*(+>':'=4+()+(84+64'(+84'(%*=+4$4:4*(6L+*4@4<+J*44$+)*+(84+64'(6+)<+454<(+H<466"<4
)*+(84+64'(%*=+6"<;'&4+'*>+#'&J<46(+7%(8+68'<H+)<+H)%*(4>+)#A4&(6B
● R$"%>6L+68'<H+)#A4&(6L+'*>+%*6"$'(%*=+:'(4<%'$6L+;)<+45':H$4+'+H<)(4&(%@4+&)@4<+)<+&8%$>+<4,
6(<'%*(L+&'*+>':'=4+(84+64'(+84'(%*=+;"*&(%)*B
● D;+'*9+)>)<+6('<(6+()+>4@4$)HL+("<*+);;+(84+64'(+84'(%*=+%::4>%'(4$9+'*>+8'@4+%(+%*6H4&(4>+#9
'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B
● D;+(84+)<%=%*'$+64'(+&)@4<+%6+<4H$'&4>+7%(8+'+>%;;4<4*(+:'(4<%'$L+(84+64'(+84'(%*=+:'9+)@4<84'(
)<+(84+)H4<'(%)*+);+(84+64'(+84'(%*=+:'9+#4+<46(<%&(4>B

D*+)<>4<+()+6'@4+;"4$L+67%(&8+);;+(84+64'(+84'(%*=+'6+6))*+'6+H)66%#$4B

F.$$%5#6("/$$,(/$*.5#6

384+6(44<%*=+7844$+84'(%*=+)*$9+7)<J6+784*+(84+4*=%*4+%6+<"**%*=B

L$*.5#6(,$8$,'(32%(./$('.$$%5#6("/$$,(/$*.5#6
C84*+9)"+67%(&8+)*+(84+6(44<%*=+7844$+84'(%*=L+(84+&"<<4*(+84'(%*=+$4@4$+%6+&)*6('*($9+>%6H$'94>
%*+(84+%*6(<":4*(+&$"6(4<+'6+'+#'<+>%6H$'9B+.(+(84+8%=846(+84'(%*=+$4@4$L+'$$+(8<44+#'<6+'<4+;%$$4>B

F"5.9/5#6('.$$%5#6("/$$,(/$*.5#6(2#(*#C(233(85*(./$(>+,.5M3+#9M
.52#('.$$%5#6("/$$,
NB+ 3)+67%(&8+)*+6(44<%*=+7844$+84'(%*=+'(+(84+8%=846(+84'(%*=+$4@4$L+H<466+ B
QB+ 3)+'>A"6(+(84+84'(%*=+$4@4$L+H<466+ +<4H4'(4>$9B
OB+ 3)+67%(&8+);;+6(44<%*=+7844$+84'(%*=L+H<466+ +<4H4'(4>$9+"*(%$+(84+#'<+>%6H$'9+%*+(84+%*6(<",
:4*(+&$"6(4<+>%6H$'9+=)46+)"(B

F*85#6(./$(/$*.5#6(,$8$,
NB+ W7%(&8+)*+(84+6(44<%*=+7844$+84'(%*=+'*>+64(+(84+>46%<4>+84'(%*=+$4@4$B
QB+ 3)+6'@4+(84+&"<<4*(+84'(%*=+$4@4$L+H<466+'*>+8)$>+ +;)<+'HH<)5%:'(4$9+)*4+64&)*>B
384+84'(%*=+$4@4$+%6+6'@4>+'*>+(84+6(44<%*=+7844$+84'(%*=+%6+67%(&84>+);;B
OB+ 3)+67%(&8+(84+6(44<%*=+7844$+84'(%*=+#'&J+)*+'(+(84+:)6(+<4&4*($9+6'@4>+84'(%*=+$4@4$L+H<466
'*>+8)$>+ +;)<+'HH<)5%:'(4$9+)*4+64&)*>B

-/$#(C2$'(./$('.$$%5#6("/$$,(/$*.5#6('"5.9/(233T
C84*+)*4+);+(84+;)$$)7%*=+&)*>%(%)*6+%6+:4(L+(84+6(44<%*=+7844$+84'(%*=+7%$$+("<*+);;
'"():'(%&'$$9T
— D;+(84+4*4<=9+"64+%6+())+8%=8B
— D;+(84+6(44<%*=+7844$+84'(%*=+696(4:+%6+:'$;"*&(%)*%*=B

K%2+4,$'/22.5#6

E22,5#6(>2C$(
E22,5#6(>2C$(BJ.
BJ.(9*##2.(4$('"5.9/$C(2#(2%(./$(3+#9.52#(5'
(9*##2.(4$('"5.9/$C(2#(2%(./$(3+#9.52#(5'
,5>5.$C
E))$%*=+:)>4+BJ.
BJ.+)*$9+)H4<'(46+784*+(84+4*=%*4+%6+<"**%*=+'*>+(84+':#%4*(+(4:H4<'("<4+%6
'#)@4+jO+kE+UjO_+kRVB
E))$%*=+:)>4+BJ.
BJ.+%6+67%(&84>+);;+784*+(84+4*=%*4+%6+@4<9+7'<:B
— W7%(&8+)*+(84+;'*B
— E84&J+(84+6';4="'<>+)*+(84+'%<+&)*>%(%)*%*=+696(4:+UM+R"646L+-46&<%H(%)*V B
— +24H$'&4+(84+>"6(+'*>+H)$$4*+;%$(4<+UM+W4<@%&4L+-46&<%H(%)*V B
— D;+(84+:'$;"*&(%)*+&)*(%*"46L+&)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67',
=4*+W4<@%&4+R'&%$%(9B

K/$(/$*.(9*##2.(4$('"5.9/$C(2#(2%(./$(3+#9.52#(5'(,5>5.$C
— 384+84'(%*=+'*>+>4;<)6(+;"*&(%)*+)H4<'(46+#4((4<+784*+(84+4*=%*4+%6+7'<:B
— D;+(84+:'$;"*&(%)*+&)*(%*"46L+&)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67',
=4*+W4<@%&4+R'&%$%(9B

K/$("5#C2"'(*%$(3266$C(+=
384+7%*>)76+;)=+"H+784*+(849+'<4+&)$>4<+(8'*+(84+':#%4*(+(4:H4<'("<4+'*>+(84+'%<+%6+@4<9+8",
:%>B+E)$>+'%<+>)46+*)(+'#6)<#+'6+:"&8+:)%6("<4+'6+7'<:+'%<+78%&8+%6+789+7%*>)76+;)=+"H+:)<4
;<4I"4*($9+>"<%*=+&)$>+64'6)*6B
— S44H+(84+'%<+%*('J4+%*+;<)*(+);+(84+7%*>68%4$>+;<44+);+%&4L+6*)7L+)<+$4'@46+()+%:H<)@4+(84+84'(
'*>+&))$%*=+)"(H"(+UM+X48%&$4+&'<4L+-46&<%H(%)*V B
— b4'@4+(84+'%<+>"&(+%*+(84+<4'<+64&(%)*+);+(84+(<"*J+"*&)@4<4>+6)+(8'(+'%<+&'*+;$)7+(8<)"=8+(84
@48%&$4+;<):+;<)*(+()+#'&JB
— W7%(&8+)*+(84+>4;<)6(+;"*&(%)*+UM+K4'(%*=L+'%<+&)*>%(%)*%*=L+&))$%*=L+G@4<@%47V B

K/$(.$>=$%*.+%$(+#5.(/*'(9/*#6$C
— E8'*=%*=+(84+(4:H4<'("<4+"*%(6+;)<+'$$+(4:H4<'("<4+>%6H$'96+%*+(84+@48%&$4+"6%*=+(84+D*;)('%*,
:4*(+696(4:+UM+GH4<'(%)*+'*>+>%6H$'9+%*+(84+D*;)('%*:4*(+696(4:L+-46&<%H(%)*V B

-*.$%(2%("*.$%(8*=2%(+#C$%(./$(8$/59,$
D*+(84+&'64+);+8%=8+)"(6%>4+8":%>%(9+'*>+(4:H4<'("<46L+&)*>4*6'(%)*+&'*+><%H+;<):+(84+'%<+&)*>%,
(%)*%*=+696(4:+4@'H)<'()<+'*>+H))$+"*>4<+(84+@48%&$4B+38%6+%6+*)<:'$+'*>+>)46+*)(+:4'*+(84<4+%6
'+$4'J+%*+(84+696(4:B
C84*+)"(6%>4+8":%>%(9+%6+8%=8+'*>+':#%4*(+(4:H4<'("<46+'<4+$)7L+&)*>4*6'(%)*+&'*+4@'H)<'(4
784*+(84+'"5%$%'<9+84'(%*=+%6+<"**%*=B+D;+(8%6+%6+(84+&'64L+7'(4<+@'H)<+:'9+46&'H4+"*>4<+(84+@48%,
&$4B+38%6+>)46+*)(+%*>%&'(4+@48%&$4+>':'=4B

:+<5,5*%1(/$*.5#6(*#C(8$#.5,*.52#

G#.%2C+9.52#

n)"+&'*+"64+(84+'"5%$%'<9+84'(%*=+'*>+@4*(%$'(%)*+696(4:+()+84'(+(84+@48%&$4+%*(4<%)<+%*+(84+7%*,
(4<+'*>+()+@4*(%$'(4+%(+%*+(84+6"::4<B+384+7%*>68%4$>+&'*+#4+&$4'<4>+);+%&4L+;)=L+'*>+'+(8%*+$'94<
);+6*)7B+384+'"5%$%'<9+84'(%*=+696(4:+%6+H)74<4>+#9+;"4$+;<):+(84+@48%&$4+;"4$+('*J+'*>+&'*+#4
)H4<'(4>+784*+(84+@48%&$4+%6+6('(%)*'<9+'*>+(84+%=*%(%)*+%6+67%(&84>+);;B+384+'"5%$%'<9+@4*(%$',
(%)*+696(4:+%6+H)74<4>+#9+(84+NQ+X+@48%&$4+#'((4<9B

)2C$'(32%(./$(*+<5,5*%1(/$*.$%
C84*+(84+'"5%$%'<9+84'(4<+%6+67%(&84>+)*L+(84+@48%&$4+%6+'"():'(%&'$$9+64(+()+4%(84<+K4'(
K4'(+)<+X4*,
X4*,
(%$'(4
(%$'(4+)H4<'(%*=+:)>4L+>4H4*>%*=+)*+(84+)"(6%>4+(4:H4<'("<4B
C84*+)"(6%>4+(4:H4<'("<46+'<4+8%=8L+(84+'"5%$%'<9+@4*(%$'(%)*+>%<4&(6+;<468+'%<+%*()+(84+@48%&$4+%*,
(4<%)<+'*>+7)<J6+()+:%*%:%?4+84'(+#"%$>,"HB

:+<5,5*%1(/$*.5#6($</*+'.('1'.$>
384+458'"6(+H<)>"&4>+#9+(84+'"5%$%'<9+84'(%*=+696(4:+46&'H46+(8<)"=8+'*+458'"6(+H%H4+)*+(84
@48%&$4+"*>4<#)>9B+384+458'"6(+H%H4+:"6(+*4@4<+#4+#$)&J4>+#9+6*)7L+:">L+)<+>4#<%6B

C.2/D/0
.:)*=+)(84<+6"#6('*&46L+(84+'"5%$%'<9+84'(%*=+696(4:+458'"6(+&)*('%*6+&'<#)*+:)*)5%>4L+'*
)>)<$466+'*>+&)$)<$466+H)%6)*)"6+='6B+E'<#)*+:)*)5%>4+&'*+&'"64+$)66+);+&)*6&%)"6*466+'*>
>4'(8B
● /4@4<+("<*+)*+(84+'"5%$%'<9+84'(%*=+)<+$4'@4+%(+<"**%*=+784*+(84+@48%&$4+%6+%*+'*+"*@4*(%$'(4>
)<+&$)64>+6H'&4B
● /4@4<+H<)=<':+(84+'"5%$%'<9+84'(%*=+696(4:+6)+(8'(+%(+&)"$>+67%(&8+)*+)<+<"*+%*+"*@4*(%$'(4>
)<+&$)64>+6H'&46B

C.2/D/0
E):H)*4*(6+);+(84+'"5%$%'<9+84'(%*=+458'"6(+696(4:+#4&):4+@4<9+8)(B+38%6+&'*+&'"64+;%<46B
● /4@4<+H'<J+(84+@48%&$4+'+7'9+6)+(8'(+H'<(6+);+(84+458'"6(+696(4:+&):4+%*()+&)*('&(+7%(8
;$'::'#$4+:'(4<%'$6+"*>4<+(84+@48%&$4L+6"&8+'6+><9+=<'66B

/G3DE1
R))>L+:4>%&'(%)*L+'*>+)#A4&(6+(8'(+'<4+64*6%(%@4+()+84'(+)<+&)$>+&'*+#4&):4+>':'=4>+)<+"*"6,
'#$4+;<):+(84+'%<+&):%*=+)"(+);+(84+@4*(6B
● -)+*)(+H$'&4+'*9+;))>L+:4>%&'(%)*L+)<+)(84<+)#A4&(6+(8'(+'<4+64*6%(%@4+()+(4:H4<'("<4+%*
;<)*(+);+(84+@4*(6B

F"5.9/5#6(./$(*+<5,5*%1(/$*.$%(*#C(8$#.5,*.52#(2#(2%(233

384+'"5%$%'<9+84'(4<+&'*+#4+"64>+784*+(84+%=*%(%)*+%6+67%(&84>+)*+)<+);;B

!=$#5#6(./$(
!=$#5#6(./$(B8T$,$"6-1:/"&$(%
B8T$,$"6-1:/"&$(%(>$#+
(>$#+
NB+ 3'H+(84+N5O0
N5O0+#"(()*+ B
QB+ 3)+)H4*+(84+B8T$,$"6-1:/"&/6
B8T$,$"6-1:/"&/6+:4*"L+('H+ B

F"5.9/5#6(*+<5,5*%1(/$*.5#6(2#
."5%$%'<9+84'(%*=+&'*+#4+67%(&84>+)*+%*+(84+;)$$)7%*=+7'96T
— +C%(8+(84+%::4>%'(4+84'(%*=+ +;"*&(%)*+%*+(84+B8T$,$"6-1:/"&/6
B8T$,$"6-1:/"&/6+:4*"+%*+(84+D*;)('%*:4*(
696(4:B
G2T+H<466+(84+#"(()*+)*+(84+<4:)(4+&)*(<)$+UM+24:)(4+&)*(<)$+)H4<'(%)*L+-46&<%H(%)*V B
— G2T
G2T+H<)=<':+'+>4H'<("<4+(%:4+UM+."5%$%'<9+84'(4<+'*>+@4*(%$'(%)*L+W4((%*=6V B
— G2T

C84*+(84+'"5%$%'<9+84'(4<+%6+67%(&84>+)*L+(84+94$$)7+'"5%$%'<9+84'(4<+b1-+ +;)<+(84+'"5%$%'<9
84'(4<+&):46+)*+%*+(84+%*6(<":4*(+&$"6(4<B
384+'"5%$%'<9+84'(%*=+696(4:+&'**)(+#4+67%(&84>+%;+(84+&8'<=4+$4@4$+);+(84+NQ+X+@48%&$4+#'((4<9+%6
())+$)7+)<+(84+;"4$+('*J+%6+4:H(9B
F"5.9/5#6(*+<5,5*%1(/$*.5#6(233(>*#+*,,1
."5%$%'<9+84'(%*=+&'*+#4+67%(&84>+);;+%*+(84+;)$$)7%*=+7'96T
— +C%(8+(84+%::4>%'(4+84'(%*=+ +;"*&(%)*+%*+(84+B8T$,$"6-1:/"&/6
B8T$,$"6-1:/"&/6+:4*"+%*+(84+D*;)('%*:4*(
696(4:B
G2T+H<466+(84+#"(()*+)*+(84+<4:)(4+&)*(<)$+UM+24:)(4+&)*(<)$+)H4<'(%)*L+-46&<%H(%)*V B
— G2T

:+<5,5*%1(/$*.5#6('"5.9/$'(233(*+.2>*.59*,,1
— D;+(84+H<)=<'::4>+>4H'<("<4+(%:4+%6+<4'&84>+)<+%;+(84+64(+)H4<'(%)*+(%:4+$%:%(+8'6+4$'H64>+UM
."5%$%'<9+84'(4<+'*>+@4*(%$'(%)*L+W4((%*=6V B
— D;+(84+ +94$$)7+%*>%&'()<+$%=8(+U;"4$+='"=4V+("<*6+)*+UM+R"4$+='"=4L+-46&<%H(%)*V B
— D;+(84+&8'<=4+$4@4$+);+(84+NQ+X+@48%&$4+#'((4<9+%6+())+$)7B

3)+#"<*+(84+<4:'%*%*=+;"4$+%*+(84+'"5%$%'<9+84'(%*=+696(4:L+'"5%$%'<9+84'(%*=+7%$$+&)*(%*"4+()+<"*
;)<+'+68)<(+H4<%)>+);+(%:4+';(4<+%(+%6+67%(&84>+);;+:'*"'$$9+)<+'"():'(%&'$$9B

W'5#6(*+<5,5*%1(/$*.5#6(*'(*('+==,$>$#.*%1(/$*.$%
D;+(84+4*=%*4+7'6+6('<(4>L+'"5%$%'<9+84'(%*=+&'*+&)*(%*"4+()+<"*+'6+'+6"HH$4:4*('<9+84'(%*=+:4',
6"<4B+384+;)$$)7%*=+&)*>%(%)*6+:"6(+#4+;"$;%$$4>T
— 384+)"(6%>4+(4:H4<'("<4+:"6(+#4+$)74<+(8'*+jZN+kR+Uj\+kEVB

384+6"HH$4:4*('<9+84'(%*=+:4'6"<4+7%$$+67%(&8+);;+'"():'(%&'$$9+';(4<+'+78%$4B

C84*+(84+@48%&$4+%6+6('(%)*'<9L+'"5%$%'<9+84'(%*=+&'*+#4+'&(%@'(4>+'+:'5%:":+);+(8<44
&)*64&"(%@4+(%:46+7%(8+(84+:'5%:":+)H4<'(%*=+(%:4+$%:%(B

GH4<'(%*=+*)%646+&'*+#4+84'<>+784*+'"5%$%'<9+84'(%*=+%6+67%(&84>+);;B

D;+(84+'"5%$%'<9+84'(%*=+)<+@4*(%$'(%)*+<"*6+;)<+'+$)*=+(%:4L+(84+NQ+X+@48%&$4+#'((4<9+7%$$
><'%*B+-<%@4+(84+@48%&$4+$)*=+4*)"=8+()+<4&8'<=4+(84+NQ+X+@48%&$4+#'((4<9B

C84*+H'<J%*=+)*+'+8%$$L+(84+;"4$+='"=4+U6$%=8($9+'#)@4+(84+<464<@4+I"'*(%(9V+:'9+#4+%*'&,
&"<'(4+'*>+:'9+&'"64+(84+'"5%$%'<9+84'(%*=+;"*&(%)*+()+#4+$%:%(4>B

O%26%*>>5#6(*+<5,5*%1(/$*.5#6(*#C(8$#.5,*.52#

."5%$%'<9+84'(%*=+%6+H<)=<'::4>+%*+(84+D*;)('%*:4*(+696(4:B

:+<5,5*%1(/$*.5#6(2=$%*.5#6(.5>$
NB+ GH4*+(84+B8T$,$"6-1:/"&$(%
B8T$,$"6-1:/"&$(%+:4*"B
QB+ 3'H+(84+A/&&$(%*
A/&&$(%*+;"*&(%)*+J49B
OB+ 3)+6H4&%;9+(84+)H4<'(%*=+(%:4L+('H+(84+5+/6"&$(%1&$7/
5+/6"&$(%1&$7/+;"*&(%)*+J49B
384+64(+)H4<'(%*=+(%:4+'HH$%46+%;+'"5%$%'<9+84'(%*=+%6+67%(&84>+)*+"6%*=+(84+ +%::4>%'(4+84'(%*=
;"*&(%)*+)<+"6%*=+(84+<4:)(4+&)*(<)$B
384+:'5%:":+)H4<'(%*=+>"<'(%)*+);+(84+'"5%$%'<9+84'(%*=+696(4:+%6+]P+:%*"(46B

F$..5#6(12+%(C$'5%$C(.$>=$%*.+%$

NB+ GH4*+(84+B8T$,$"6-1:/"&$(%
B8T$,$"6-1:/"&$(%+:4*"B
QB+ 3'H+(84+K/7+/6"&86/
K/7+/6"&86/+;"*&(%)*+J49+'*>+64(+(84+>46%<4>+(4:H4<'("<4B

384+'"5%$%'<9+84'(4<+7%$$+84'(+(84+@48%&$4+%*(4<%)<+%*+'&&)<>'*&4+7%(8+(84+>46%<4>+(4:H4<'("<4B+384
@48%&$4+%*(4<%)<+7%$$+#4+84'(4>+4@4*$9B

O%26%*>>5#6(./$(C$=*%.+%$(.5>$
38%6+'&(%@'(%)*+)*$9+'HH$%46+()+'+84'(%*=+)<+@4*(%$'(%)*+H<)&466B+384+>4H'<("<4+(%:4+:"6(+#4+<4'&,
(%@'(4>+4'&8+(%:4+(84+@48%&$4+7%$$+#4+6('<(4>B

NB+ #4;)<4+H<)=<'::%*=+UM+E$)&JL+W4(,
E84&J+%;+(84+>'(4+'*>+(%:4+%6+64(+&)<<4&($9+%*+(84+@48%&$4+#4;)<4
(%*=6V B
QB+ GH4*+(84+B8T$,$"6-1:/"&$(%
B8T$,$"6-1:/"&$(%+:4*"B
OB+ 3'H+(84+A/&&$(%*
A/&&$(%*+;"*&(%)*+J49B
ZB+ W4$4&(+)*4+);+(84+H<464(6+;)<+'+)/+"6&86/1&$7/
)/+"6&86/1&$7/B
\B+ 3'H+(84+B2&$#"&/
B2&$#"&/+;"*&(%)*+J49B

F6%*=+(84+H<)=<'::4>+>4H'<("<4+(%:4+'*>+#'64>+)*+(84+)"(6%>4+(4:H4<'("<4L+(84+@48%&$4+'"(),
:'(%&'$$9+&'$&"$'(46+(84+6('<(+(%:4+;)<+'+84'(%*=+)<+@4*(%$'(%)*+H<)&466+()+#<%*=+(84+@48%&$4+()+(84
(4:H4<'("<4+(8'(+%6+64(B

E/$905#6(./$(=%26%*>>5#6
D;+'+>4H'<("<4+(%:4+%6+'&(%@'(4>L+(84+94$$)7+b1-+%*+(84+%*6(<":4*(+&$"6(4<+7%$$+$%=8(+"H+;)<+'HH<)5%,
:'(4$9+NP+64&)*>6+';(4<+(84+%=*%(%)*+%6+67%(&84>+);;B

C.2/D/0
/4@4<+H<)=<':+(84+696(4:+6)+(8'(+'"5%$%'<9+84'(%*=+67%(&846+)*+)<+<"*6+%*+"*@4*(%$'(4>+)<
&$)64>+6H'&46B+.:)*=+)(84<+6"#6('*&46L+(84+'"5%$%'<9+84'(%*=+696(4:+458'"6(+&)*('%*6+&'<#)*
:)*)5%>4L+'*+)>)<$466+'*>+&)$)<$466+H)%6)*)"6+='6B+E'<#)*+:)*)5%>4+&'*+&'"64+$)66+);+&)*,
6&%)"6*466+'*>+>4'(8B

@$>2.$(92#.%2,(2=$%*.52#
R%=B+
R%=B+NN+ ."5%$%'<9+84'(%*=T+<4:)(4+&)*(<)$+U$4;(V+7%(8+#'((4<9+&):H'<(:4*(+U<%=8(V

F"5.9/5#6(*+<5,5*%1(/$*.5#6(2#(*#C(233(+'5#6(./$(%$>2.$(92#.%2,
— ​W7%(&8%*=+)*T+!<466+'*>+8)$>+(84+ +#"(()*+;)<+'HH<)5%:'(4$9+)*4+64&)*>+M+;%=B+N B

— ​W7%(&8%*=+);;T+!<466+'*>+8)$>+(84+ +#"(()*+;)<+'HH<)5%:'(4$9+)*4+64&)*>+M+;%=B+N B

U;A(5#(./$(%$>2.$(92#.%2,
.;(4<+'+#"(()*+%6+H<4664>L+(84+b1-+%*>%&'(46+@'<%)"6+6('("646+M+;%=B+N + Q B

3"<*6+)*T
— 0<44*
0<44*T+'"5%$%'<9+84'(%*=+%6+67%(&84>+)*B
— 24>
24>T+'"5%$%'<9+84'(%*=+%6+67%(&84>+);;B

R$'6846+%<<4="$'<$9T
— 0<44*
0<44*T+'"5%$%'<9+84'(%*=+%6+$)&J4>B+384+;"4$+('*J+%6+'$:)6(+4:H(9L+(84+NQ+X+@48%&$4+#'((4<9+@)$(,
'=4+%6+())+$)7L+)<+(84<4+%6+'+:'$;"*&(%)*B+24;"4$+'*>+><%@4+$)*=+4*)"=8+()+<4&8'<=4+(84+NQ+X
@48%&$4+#'((4<9L+)<+&)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4
R'&%$%(9B

R$'6846+'(+<4="$'<+%*(4<@'$6T
— 24>+)<+=<44*
24>+)<+=<44*T+)*4+)<+:)<4+>4'&(%@'(%)*+6%=*'$U6V+'<4+*)(+#4%*=+<4&4%@4>B+24>"&4+(84+>%6('*&4
()+(84+@48%&$4B
3"<*6+)*+)<+;$'6846T
— G<'*=4
G<'*=4T+(84+#"(()*+&4$$+#'((4<9+&8'<=4+%*+(84+<4:)(4+&)*(<)$+%6+$)7B+24H$'&4+(84+#"(()*+&4$$
#'((4<9B

@*#6$
384+<'*=4+);+<4:)(4+&)*(<)$+)H4<'(%)*+%6+64@4<'$+8"*><4>+:4(4<6+784*+(84+#"(()*+&4$$+#'((4<9+%6
;"$$9+&8'<=4>+'*>+"*>4<+)H(%:":+&)*>%(%)*6B
— a'%*('%*+'+>%6('*&4+);+'(+$4'6(+Q+:+U^+;(V+#4(744*+(84+<4:)(4+&)*(<)$+'*>+(84+@48%&$4B
— .@)%>+)#6('&$46+#4(744*+(84+<4:)(4+&)*(<)$+'*>+(84+@48%&$4B
— K)$>+(84+<4:)(4+&)*(<)$+7%(8+(84+'*(4**'+M+;%=B+N + N +;'&%*=+@4<(%&'$$9+"H7'<>B
— -)+*)(+&)@4<+(84+'*(4**'B

!))<+74'(84<+&)*>%(%)*6L+#"%$>%*=6+%*+(84+6"<<)"*>%*=+'<4'L+)<+'+74'J+#"(()*+&4$$+#'((4<9+&'*+<4,
>"&4+(84+<'*=4+&)*6%>4<'#$9B

@$=,*95#6(./$(4+..2#(9$,,(4*..$%1(5#(./$(%$>2.$(92#.%2,
D;+(84+%*>%&'()<+$%=8(+>)46+*)(+("<*+)*L+(84+#"(()*+&4$$+#'((4<9+%*+(84+<4:)(4+&)*(<)$+:"6(+#4
<4H$'&4>B
— D*64<(+'+6"%('#$4+())$+6"&8+'6+'+6&<47><%@4<+%*()+(84+)H4*%*=+)*+(84+<4:)(4+&)*(<)$+8)"6%*=+%*
(84+>%<4&(%)*+);+(84+'<<)7+M+;%=B+N B
— b%;(+(84+#'((4<9+&)@4<+"H7'<>+7%(8+(84+)#A4&(+"*(%$+(84+8)"6%*=+&'(&846+'<4+<4$4'64>B
— W$%>4+(84+#'((4<9+&)@4<+=4*($9+%*+(84+>%<4&(%)*+);+(84+'<<)7B
— 24:)@4+(84+#'((4<9+&)@4<B
— 3)+<4:)@4+(84+#"(()*+&4$$+#'((4<9L+%*64<(+'+())$+6"&8+'6+'+6&<47><%@4<+&'<4;"$$9+%*()+(84+)H4*%*=
)*+(84+#"(()*+&4$$+#'((4<9B
— b%;(+"H+(84+#"(()*+&4$$+#'((4<9+7%(8+(84+6&<47><%@4<+"*(%$+(84+#'((4<9+&'*+#4+$))64*4>+;<):+(84
;'6(4*4<B
— 24:)@4+(84+#"(()*+&4$$+#'((4<9B
— D*64<(+(84+6':4+@4<6%)*+);+'+*47+#"(()*+&4$$+#'((4<9+6)+(8'(+%(+4*='=46+%*+(84+;'6(4*4<B+a'J4
6"<4+(84+H)$'<%(9+%6+&)<<4&(B
— D*64<(+(84+#'((4<9+&)@4<+%*()+(84+<4:)(4+&)*(<)$+8)"6%*=B
— W$%>4+(84+#'((4<9+&)@4<+%*+(84+)HH)6%(4+>%<4&(%)*+);+(84+'<<)7+"*(%$+%(+4*='=46+M+;%=B+N B

-./012
D;+#'((4<%46+7%(8+'+>%':4(4<+$'<=4<+(8'*+QP+::+)<+)(84<+#"(()*+&4$$+#'((4<%46+'<4+67'$$)74>L+64,
<%)"6+)<+;'('$+%*A"<%46+&)"$>+)&&"<+7%(8%*+'+@4<9+68)<(+(%:4B
● .$7'96+J44H+(84+<4:)(4+&)*(<)$+'*>+J49+;)#6+7%(8+#'((4<%46L+<4H$'&4:4*(+#'((4<%46L+#"(()*
&4$$+#'((4<%46L+'*>+)(84<+#'((4<%46+(8'(+'<4+$'<=4<+(8'*+QP+::+%*+>%':4(4<+)"(+);+(84+<4'&8+);
&8%$><4*B
● W44J+:4>%&'$+'((4*(%)*+%::4>%'(4$9+%;+9)"+6"6H4&(+(8'(+'+#'((4<9+8'6+#44*+67'$$)74>B
/G3DE1
● 384<4+'<4+4$4&(<)*%&+&):H)*4*(6+%*+(84+<4:)(4+&)*(<)$B+384<4;)<4L+H<)(4&(+(84+<4:)(4+&)*,
(<)$+;<):+:)%6("<4L+6(<)*=+68)&J6L+'*>+>%<4&(+6"*$%=8(B
● F*6"%('#$4+#'((4<%46+&'*+>':'=4+<4:)(4+)H4<'(%)*B+G*$9+<4H$'&4+'+><'%*4>+#'((4<9+7%(8+'
*47+#'((4<9+);+(84+6':4+@)$('=4L+6%?4L+'*>+6H4&%;%&'(%)*B
● a'J4+6"<4+(84+#'((4<9+%6+;'&%*=+%*+(84+<%=8(+>%<4&(%)*+784*+%*64<(%*=+%(B

-%6H)64+);+><'%*4>+#'((4<%46+%*+'+7'9+(8'(+7%$$+*)(+8'<:+(84+4*@%<)*:4*(B

384+<4:)(4+&)*(<)$+#'((4<9+:'9+&)*('%*+H4<&8$)<'(4B+G#64<@4+'$$+$4='$+<4="$'(%)*6+'HH$%&'#$4
()+>%6H)6'$B

A%585#6

)$''*6$'(*42+.(C%585#6

O$C*,'

R%=B+
R%=B+NN+ D*+(84+;))(74$$T+!4>'$6+%*+@48%&$46+7%(8+'+:'*"'$+=4'<#)5B
R%=B+
R%=B+QQ+ D*+(84+;))(74$$T+!4>'$6+%*+@48%&$46+7%(8+'*+'"():'(%&+=4'<#)5B

N .&&4$4<'()<+H4>'$
Q [<'J4+H4>'$
O E$"(&8+H4>'$+;)<+@48%&$46+7%(8+'+:'*"'$+=4'<#)5

384+)H4<'(%)*+'*>+(84+'#%$%(9+);+(84+H4>'$6+()+:)@4+;<44$9+:"6(+*4@4<+#4+<46(<%&(4>+#9+)#A4&(6+)<
;$))<+:'(6B
G*$9+"64+;$))<+:'(6+(8'(+J44H+(84+H4>'$+'<4'+)H4*+'*>+&'*+#4+64&"<4>+;<):+6$%>%*=+'<)"*>+(84
;))(74$$B

C.2/D/0
G#A4&(6+%*+(84+><%@4<+;))(74$$+&'*+H<4@4*(+(84+H4>'$6+;<):+:)@%*=+;<44$9B+38%6+&'*+&'"64+(84
><%@4<+()+$)64+&)*(<)$+);+(84+@48%&$4+'*>+%*&<4'646+(84+<%6J+);+64<%)"6+%*A"<%46B
● a'J4+6"<4+'$$+H4>'$6+&'*+'$7'96+#4+H<4664>+7%(8)"(+)#6(<"&(%)*6B
● .$7'96+'(('&8+;$))<+:'(6+64&"<4$9+%*+(84+;))(74$$B
● /4@4<+H$'&4+;$))<+:'(6+)<+)(84<+&'<H4(+)@4<+(84+%*6('$$4>+;$))<+:'(B
● a'J4+6"<4+*)+)#A4&(6+&'*+4*(4<+(84+><%@4<+;))(74$$+78%$4+><%@%*=B
● 24:)@4+'*9+)#A4&(6+;<):+(84+;))(74$$+784*+(84+@48%&$4+%6+H'<J4>B

Q$*%(%$92>>$#C*.52#
R%=B+
R%=B+NN+ 04'<+<4&)::4*>'(%)*+)*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9B

S49+;)<+;%=B+N T

. 04'<+(8'(+%6+&"<<4*($9+4*='=4>B
[ 24&)::4*>4>+=4'<+(8'(+9)"+68)"$>+68%;(+()B

-4H4*>%*=+)*+9)"<+@48%&$4+4I"%H:4*(L+'+;"4$,6'@%*=+=4'<+:'9+#4+<4&)::4*>4>+'6+'+*":#4<+)*
(84+%*6(<":4*(+&$"6(4<+>%6H$'9+784*+9)"+'<4+><%@%*=B
D*+@48%&$46+7%(8+'*+'"():'(%&+=4'<#)5 L+(84+64$4&()<+$4@4<+:"6(+#4+%*+(84+(%H(<)*%&+H)6%(%)*+%*+)<,
>4<+()+<4&4%@4+(8464+<4&)::4*>'(%)*6+UM+(%H(<)*%&L+GH4<'(%)*V B
D;+9)"+8'@4+'$<4'>9+64$4&(4>+(84+:)6(+6"%('#$4+=4'<L+9)"+7%$$+*)(+<4&4%@4+'*9+=4'<+<4&)::4*>',
(%)*6B+G*$9+(84+=4'<+(8'(+%6+&"<<4*($9+4*='=4>+7%$$+#4+>%6H$'94>B

G#32%>*.52#(2#(_9,$*#5#6`(./$(C5$'$,(=*%.59+,*.$(35,.$%
D;+(84+4*=%*4+:'*'=4:4*(+696(4:+>4(4&(6+(8'(+9)"<+>%464$+H'<(%&"$'(4+;%$(4<+%6+#4&):%*=+#$)&J4>L
%(+<4&)::4*>6+(84+:)6(+6"%('#$4+=4'<+;)<+H'<(%&"$'(4+;%$(4<+<4=4*4<'(%)*B+G&&'6%)*'$$9L+%(+:'9+#4
*4&466'<9+()+><%@4+'(+'*+4$4@'(4>+4*=%*4+6H44>+UM+!'<(%&"$'(4+;%$(4<L+-46&<%H(%)*V B

E.F3DG/
384+=4'<+<4&)::4*>'(%)*+%6+%*(4*>4>+:4<4$9+()+'66%6(+9)"+'*>+%6+*)+6"#6(%("(4+;)<+><%@%*=+7%(8
>"4+&'<4+'*>+'((4*(%)*B
— D(+%6+9)"<+<46H)*6%#%$%(9+'6+(84+><%@4<+()+64$4&(+(84+&)<<4&(+=4'<+;)<+(84+6%("'(%)*L+4B=B+)@4<('J,
%*=+)<+><%@%*=+"H8%$$B

E8))6%*=+(84+:)6(+6"%('#$4+=4'<+84$H6+9)"+6'@4+;"4$B

384+=4'<+<4&)::4*>'(%)*+7%$$+=)+)"(+)*+(84+>%6H$'9+784*+9)"+H<466+(84+&$"(&8+H4>'$+U%*
@48%&$46+7%(8+'+:'*"'$+=4'<#)5V+)<+784*+(84+64$4&()<+$4@4<+%6+:)@4>+)"(+);+(84+(%H(<)*%&
H)6%(%)*+U%*+@48%&$46+7%(8+'*+'"():'(%&+=4'<#)5VB
;92(.5='

384+&)<<4&(+><%@%*=+6(9$4+&'*+84$H+()+<4>"&4+&)*6":H(%)*L+H)$$"(%)*L+'*>+74'<+)*+(84+4*=%*4L
#<'J46L+'*>+(%<46B+384+;)$$)7%*=+(%H6+7%$$+84$H+9)"+&)*64<@4+(84+4*@%<)*:4*(+'*>+9)"<+:)*49B

R%=B+
R%=B+NN+ R"4$+&)*6":H(%)*+%*+:H=+U$YNPP+J:V+;)<+(7)+>%;;4<4*(+4*@%<)*:4*('$+(4:H4<'("<46B

:#.595=*.2%1(C%585#6
.*+%*&)*6%6(4*(+><%@%*=+6(9$4+%*&<4'646+&)*6":H(%)*B+C84*+(84+><%@4<+'&(%@4$9+H'96+'((4*(%)*+()
(<';;%&L+(8%6+&'*+H<4@4*(+;<4I"4*(+'&&4$4<'(%)*+'*>+#<'J%*=+:'*4"@4<6B+a'%*('%*%*=+4*)"=8+>%6,
('*&4+()+(84+@48%&$4+><%@%*=+'84'>+84$H6+9)"+()+><%@4+7%(8+#4((4<+'*(%&%H'(%)*B
b4(+(84+@48%&$4+<)$$+7%(8+'+=4'<+4*='=4>+()+"64+(84+4*=%*4+#<'J%*=+4;;4&(L+;)<+45':H$4+784*+'H,
H<)'&8%*=+'+(<';;%&+$%=8(B

W'5#6(./$(3%$$"/$$,(3+#9.52#
​X48%&$46+7%(8+'*+'"():'(%&+(<'*6:%66%)*T+D;+*4%(84<+(84+'&&4$4<'()<+*)<+(84+#<'J4+H4>'$+%6+H<4664>
%*+(84+-
-+64$4&()<+$4@4<+H)6%(%)*L+(84+@48%&$4+7%$$+<)$$+Ug&)'6(hV+7%(8)"(+"6%*=+4*4<=9B
C%(8+(84+1&)+&)'6(%*=+;"*&(%)*L+(84+4*=%*4+7%$$+*)(+)*$9+>%64*='=4+#"(+7%$$+'$6)+6()HB

L2"(.2('*8$($#$%61("/$#('/53.5#6(6$*%'
1'<$9+"H68%;(%*=+6'@46+4*4<=9+'(+'*+4*=%*4+2!a+);+QLPPPB+-)+*)(+7'%(+'6+$)*=+'6+H)66%#$4+()+"H,
68%;(+=4'<6+'*>+'@)%>+8%=8+4*=%*4+6H44>6B
​X48%&$46+7%(8+:'*"'$+(<'*6:%66%)*T+W8%;(+;<):+;%<6(+()+64&)*>+=4'<+%::4>%'(4$9+';(4<+6('<(%*=+()
><%@4B
​X48%&$46+7%(8+'*+'"():'(%&+(<'*6:%66%)*T+.&&4$4<'(4+6$)7$9+'*>+'@)%>+"6%*=+(84+J%&J,>)7*
;"*&(%)*B
!'9+'((4*(%)*+()+(84+=4'<+<4&)::4*>'(%)*+UM+04'<+<4&)::4*>'(%)*L+G@4<@%47V B
D;+H)66%#$4L+"64+(84+4&)+><%@%*=+:)>4+UM+-<%@%*=+a)>4+W4$4&(%)*L+GH4<'(%)*V B

:825C5#6(3+,,(*99$,$%*.52#
/4@4<+><%@4+'(+(84+:'5%:":+@48%&$4+6H44>B+15&466%@4$9+8%=8+6H44>6+%*&<4'64+(84+'%<+<46%6('*&4
'*>+7%(8+(8'(L+(84+H)74<+*44>4>+()+:)@4+(84+@48%&$4B

@$C+95#6(.2(5C,$('=$$C
W('<(+><%@%*=+%::4>%'(4$9+'(+$)7+6H44>6B+C84*+6('(%)*'<9+;)<+'+$)*=+(%:4L+>)+*)(+68%;(+()+%>$4L+#"(
<'(84<+6()H+(84+4*=%*4L+;)<+45':H$4+784*+%*+'+(<';;%&+A':+)<+'(+'+<'%$<)'>+&<)66%*=B
G*+@48%&$46+7%(8+'*+'&(%@'(4>+6('<(,6()H+696(4:L+(84+4*=%*4+&'*+("<*+);;+'"():'(%&'$$9+784*+(84
@48%&$4+%6+6()HH4>+'*>+784*+6('(%)*'<9+UM+W('<(,6()H+696(4:L+R"*&(%)*V B

@$3+$,(5#(>2C$%*.52#
.+;"$$+;"4$+('*J+%*&<4'646+(84+@48%&$4+74%=8(B+.+;"4$+('*J+(8'(+%6+8'$;+()+(8<44,I"'<(4<6+;"$$+%6+#46(
6"%(4>+;)<+&%(9+><%@%*=B

:825C('/2%.(.%5='
.+&)$>+4*=%*4+8'6+'+@4<9+8%=8+&)*6":H(%)*+<'(4B+384+)H(%:'$+)H4<'(%*=+(4:H4<'("<4+%6+)*$9
<4'&84>+';(4<+64@4<'$+J%$):4(4<6+U:%$46VB+C84*+)"(6%>4+(4:H4<'("<46+'<4+@4<9+$)7L+;)<+45':H$4+%*
7%*(4<L+(84+&)*6":H(%)*+%6+:"&8+8%=84<+(8'*+'@4<'=4+M+;%=B+N B+!$'*+(<%H6+4&)*):%&'$$9+'*>+&):,
#%*4+68)<(+(<%H6B

L*8$(>*5#.$#*#9$(=$%32%>$C(%$6+,*%,1
24="$'<+:'%*(4*'*&4+%6+<4I"%<4>+;)<+;"4$,4;;%&%4*(+><%@%*=+'*>+%*&<4'646+(84+64<@%&4+$%;4+);+(84
@48%&$4B

E/$905#6(.5%$(=%$''+%$'
b)7+(%<4+H<466"<46+&'"64+74'<+'6+74$$+'6+%*&<4'64>+<)$$%*=+<46%6('*&4+);+(%<46L+'*>+(8%6+%*&<4'646
&)*6":H(%)*B+F64+(%<46+7%(8+)H(%:'$+<)$$%*=+<46%6('*&4B
.>'H(+(84+(%<4+H<466"<46+()+(84+$)'>T
— +R)$$)7+(84+6H4&%;%&'(%)*6+)*+(84+(%<4+H<466"<4+$'#4$+UM+3%<4+H<466"<4L+D*(<)>"&(%)*Y=4*4<'$+%*,
;)<:'(%)*V B
— 3%<4+H<466"<4+:)*%()<%*=+%*>%&'()<+UM+3%<4+!<466"<4+a)*%()<%*=+W96(4:L+R"*&(%)*V
W'5#6('1#./$.59($#65#$(25,
R"$$+69*(84(%&+4*=%*4+)%$6+7%(8+'+$)7+@%6&)6%(9+<4>"&4+(84+;<%&(%)*'$+<46%6('*&4+%*+(84+4*=%*4+'*>
>%6(<%#"(4+6%=*%;%&'*($9+#4((4<+'*>+;'6(4<+784*+&)$>,6('<(%*=+(84+4*=%*4B

@$>285#6(+##$9$''*%1("$56/.
E$4'<%*=+)"(+(84+(<"*JL+;)<+45':H$4+#9+<4:)@%*=+4:H(9+&<'(46+)<+"**44>4>+&8%$>+<46(<'%*(6L+&'*
<4>"&4+&)*6":H(%)*B
3)+J44H+(84+@48%&$4+'%<+<46%6('*&4+'6+$)7+'6+H)66%#$4L+<4:)@4+'&&466)<%46+6"&8+'6+6J%L+#%&9&$4L+'*>
<));+<'&J6+';(4<+"64B

F*85#6($#$%61
384+'$(4<*'()<L+78%&8+%6+H)74<4>+#9+(84+4*=%*4L+=4*4<'(46+H)74<+;)<+(84+4$4&(<%&'$+4I"%H:4*(L
6"&8+'6+(84+&$%:'(4+&)*(<)$+696(4:L+7%*>)7+84'(%*=L+)<+@4*(%$'(%)*B+W'@%*=+4*4<=9+%6+6%:H$4L+;)<
45':H$4T
— C84*+(4:H4<'("<46+'<4+8%=8L+'%<+)"(+(84+@48%&$4+#4;)<4+><%@%*=+'*>+><%@4+68)<(+>%6('*&46+7%(8
(84+7%*>)76+)H4*B+384*+("<*+)*+(84+&$%:'(4+&)*(<)$+696(4:B
— 3"<*+);;+4$4&(<%&'$+4I"%H:4*(+784*+%(+%6+*)+$)*=4<+*44>4>B

C.2/D/0
.$7'96+'>'H(+9)"<+6H44>+'*>+>%6('*&4+()+@48%&$46+'84'>+#'64>+)*+(84+@%6"'$L+74'(84<L+<)'>L+'*>
(<';;%&+&)*>%(%)*6B

/G3DE1
/4@4<+$4(+(84+@48%&$4+<)$$+>)7*+:)"*('%*6+)<+8%$$6+%*+(84+/
/+*4"(<'$+64((%*=B+384+(<'*6:%66%)*+%6
*)(+$"#<%&'(4>+784*+(8%6+8'HH4*6+'*>+(8%6+&'*+>':'=4+%(B

b4'<*+'#)"(+)(84<+7'96+()+H<)(4&(+(84+4*@%<)*:4*(B+38%*J+[$"4B+%6+(84+7)<$>7%>4+X)$J67',
=4*+#<'*>+;)<+6"6('%*'#%$%(9+'*>+4*@%<)*:4*('$+%:H'&(B

.*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+&'*+H<)@%>4+9)"
7%(8+:)<4+%*;)<:'(%)*+'#)"(+&)<<4&(+:'%*(4*'*&4+'*>+<4H$'&4:4*(+H'<(6+(8'(+'<4+H'<(%&",
$'<$9+4*4<=9+4;;%&%4*(L+6"&8+'6+*47+(%<46B

D*+><%@%*=+6%("'(%)*6+784*+$466+H)74<+%6+<4I"%<4>L+(84+4*=%*4+&9$%*>4<6+&'*+>4'&(%@'(4+'",
():'(%&'$$9+)*+@48%&$46+(8'(+'<4+4I"%HH4>+7%(8+.&(%@4+E9$%*>4<+a'*'=4:4*(+U.E3fVB
C8%$4+>4'&(%@'(4>L+*)+;"4$+7%$$+#4+%*A4&(4>+%*()+(84+<46H4&(%@4+&9$%*>4<6L+78%&8+<4>"&46
;"4$+&)*6":H(%)*+)@4<'$$B

D%*0$(5#32%>*.52#

/47+#<'J4+H'>6
/47+#<'J4+H'>6+>)+*)(+'&8%4@4+(84%<+;"$$+#<'J%*=+4;;4&(+>"<%*=+(84+;%<6(+QPP+()+OPP+J:+UNPP+()
QPP+:%$46VB+3849+:"6(+#4+g#<)J4*+%*h+;%<6(+M+ B+K)74@4<L+9)"+&'*+&):H4*6'(4+;)<+(84+6$%=8($9
<4>"&4>+#<'J%*=+;)<&4+#9+H<466%*=+;%<:$9+)*+(84+#<'J4+H4>'$B+-"<%*=+(84+#<4'J,%*+H4<%)>L+(84
-"<%*=+(84+#<4'J,%*+H4<%)>L+(84
#<'J%*=+>%6('*&4+>"<%*=+;"$$+#<'J%*=+)<+'"():'(%&+#<'J%*=+%6+$)*=4<
#<'J%*=+>%6('*&4+>"<%*=+;"$$+#<'J%*=+)<+'"():'(%&+#<'J%*=+%6+$)*=4<+(8'*+7%(8+#<'J4
H'>6+(8'(+8'@4+#44*+#<)J4*+%*B+-"<%*=+(84+#<4'J,%*+H4<%)>L+'@)%>+;"$$+#<'J%*=+'*>+6%("'(%)*6+(8'(
H$'&4+'+84'@9+$)'>+)*+(84+#<'J46L+6"&8+'6+><%@%*=+())+&$)64+()+(84+@48%&$4+'84'>B
[<'J4+H'>+74'<
[<'J4+H'>+74'<+>4H4*>6+)*+><%@%*=+&)*>%(%)*6+'*>+6(9$4B+C84*+><%@%*=+;<4I"4*($9+%*+&%(%46+'*>
)*+&"<@46+)<+7%(8+'+6H)<(9+><%@%*=+6(9$4L+8'@4+9)"<+#<'J4+H'>6+&84&J4>+;<4I"4*($9+#9+'*+'"(8),
<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B
C84*+><%@%*=+7%(8+74(+#<'J46
74(+#<'J46L+;)<+45':H$4+';(4<+><%@%*=+(8<)"=8+7'(4<L+%*+84'@9+<'%*L+)<+';(4<
7'68%*=+9)"<+@48%&$4L+(84+#<'J%*=+4;;4&(+&'*+#4+<4>"&4>+#9+:)%6("<4+)<+%&4+)*+(84+#<'J4+<)()<6B
n)"+:"6(+g><9h+(84+#<'J46+'6+6))*+'6+H)66%#$4+#9+#<'J%*=+&'<4;"$$9+'(+8%=8+6H44>6B+a'J4+6"<4
(84<4+%6+*)+@48%&$4+#48%*>+9)"+'*>+(8'(+9)"+>)+*)(+4*>'*=4<+'*9)*4+4$64+)*+(84+<)'>+M+ B
.+&)'(%*=+);+6'$(+)*+(84+#<'J4+<)()<6+'*>+#<'J4+H'>6
&)'(%*=+);+6'$(+)*+(84+#<'J4+<)()<6+'*>+#<'J4+H'>6+<4>"&46+(84+#<'J%*=+4;;4&(+'*>+%*,
&<4'646+(84+#<'J%*=+>%6('*&4B+D;+9)"+>)+*)(+'HH$9+(84+#<'J46+;)<+$)*=+H4<%)>6+);+(%:4+)*+6'$(,&)@,
4<4>+<)'>6L+9)"+:"6(+#<'J4+&'<4;"$$9+()+&$4'*+);;+(84+$'94<+);+6'$(+M+ B
b4'@%*=+(84+@48%&$4+H'<J4>+;)<+$)*=+H4<%)>6+);+(%:4L+$)7+:%$4'=4L+'*>+'@)%>%*=+84'@9+#<'J%*=+&'*
&)*(<%#"(4+()+&)<<)6%)*
&)<<)6%)*+)*+(84+#<'J4+<)()<6+'*>+>%<(9
>%<(9+#<'J4+H'>6B+D;+9)"+"6"'$$9+'@)%>+84'@9
#<'J%*=+)<+%;+(84<4+%6+&)<<)6%)*+H<464*(L+)&&'6%)*'$+84'@9+#<'J%*=+'(+8%=8+6H44>6+%6+<4&)::4*>4>
()+&$4'*+(84+#<'J4+<)()<6+'*>+H'>6B+a'J4+6"<4+(84<4+%6+*)+@48%&$4+#48%*>+9)"+'*>+(8'(+9)"+>)+*)(
4*>'*=4<+'*9)*4+4$64+)*+(84+<)'>+M+ B

D%*05#6('+==2%.
384+#<'J%*=+6"HH)<(+)*$9+;"*&(%)*6+784*+(84+4*=%*4+%6+<"**%*=+'*>+%(+4*8'*&46+(84+H<466"<4+'H,
H$%4>+()+(84+#<'J4+H4>'$+#9+(84+><%@4<B
D;+(84+#<'J%*=+6"HH)<(+%6+*)(+7)<J%*=+)<+(84+@48%&$4+%6+#4%*=+()74>L+9)"+7%$$+*44>+()+H<466+(84
#<'J4+H4>'$+8'<>4<+#4&'"64+(84+$'&J+);+#<'J%*=+'66%6('*&4+7%$$+%*&<4'64+(84+#<'J%*=+>%6('*&4+M+
B

C.2/D/0
-<%@%*=+7%(8+7)<*+#<'J4+H'>6+)<+'+:'$;"*&(%)*%*=+#<'J4+696(4:+&'*+<46"$(+%*+'&&%>4*(6+'*>+64<%,
)"6+%*A"<%46B
● D;+(84+ +7'<*%*=+$%=8(6+("<*+)*+64H'<'(4$9+)<+()=4(84<+7%(8+'+:466'=4+%*+(84+%*6(<":4*(
&$"6(4<+>%6H$'9L+&)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4
R'&%$%(9+%::4>%'(4$9+()+8'@4+9)"<+#<'J4+H'>6+%*6H4&(4>+'*>+'*9+7)<*+#<'J4+H'>6+<4H$'&4>B

C.2/D/0
/47+#<'J4+H'>6+8'@4+*)(+'&8%4@4>+(84+)H(%:":+#<'J%*=+4;;4&(+94(B
● /47+#<'J4+H'>6+>)+*)(+'&8%4@4+(84%<+;"$$+#<'J%*=+4;;4&(+>"<%*=+(84+;%<6(+N_^+:%$46+UOPP+J:VB
3849+:"6(+#4+g#<)J4*+%*h+;%<6(B+n)"+&'*+:'J4+"H+;)<+(84+<4>"&4>+#<'J%*=+4;;4&(+#9+H<466%*=
(84+#<'J4+H4>'$+8'<>4<B
● 3)+<4>"&4+(84+<%6J+);+&)$$%6%)*6L+64<%)"6+%*A"<%46L+'*>+$)66+);+@48%&$4+&)*(<)$L+><%@4+7%(8+45(<'
&'"(%)*+784*+(84+#<'J4+H'>6+'<4+*47B
● -"<%*=+(84+#<4'J,%*+H4<%)>+;)<+*47+#<'J4+H'>6L+>)+*)(+><%@4+())+&$)64+()+)(84<+@48%&$46+'*>
'@)%>+><%@%*=+6%("'(%)*6+(8'(+H$'&4+'+84'@9+$)'>+)*+(84+#<'J46B
C.2/D/0
G@4<84'(4>+#<'J46+<4>"&46+(84+#<'J%*=+4;;4&(+'*>+%*&<4'64+(84+#<'J%*=+>%6('*&4+&)*6%>4<'#$9B
● C84*+><%@%*=+>)7*8%$$L+'+$)(+);+;)<&4+%6+H$'&4>+)*+(84+#<'J46+'*>+(849+#4&):4+8)(+I"%&J$9B
● [4;)<4+><%@%*=+$)*=+>%6('*&46+)*+6(44H+8%$$6L+<4>"&4+(84+6H44>+'*>+68%;(+()+'+$)74<+=4'<+U)*
:'*"'$+(<'*6:%66%)*6+)<+%*+(%H(<)*%&+:)>4+)*+'*+'"():'(%&+(<'*6:%66%)*VB+38%6+"(%$%?46+(84
4*=%*4+#<'J%*=+4;;4&(+'*>+<4>"&46+(84+$)'>+)*+(84+#<'J46B
● .;(4<:'<J4(+)<+>':'=4>+;<)*(+6H)%$4<6+&'*+';;4&(+(84+'%<+6"HH$9+()+(84+#<'J46+'*>+&'"64
(84:+()+)@4<84'(B

C.2/D/0
C4(L+%&9L+)<+6'$(,&)@4<4>+#<'J46+7%$$+('J4+$)*=4<+()+#<'J4+'*>+%*&<4'64+(84+#<'J%*=+>%6('*&4B
● 346(+(84+#<'J46+&'<4;"$$9B
● .$7'96+H<466+(84+#<'J4+H4>'$+&'<4;"$$9+64@4<'$+(%:46+()+><9+(84+#<'J46+'*>+&$4'<+(84+%&4+'*>
6'$(+;<):+(84:L+'6+$)*=+'6+(84+@%6%#%$%(9L+74'(84<L+<)'>L+'*>+(<';;%&+&)*>%(%)*6+H4<:%(B

C.2/D/0
-<%@%*=+7%(8)"(+(84+#<'J4+#))6(4<+)<+7%(8+<46(<%&(4>+;"*&(%)*+);+(84+#<'J4+#))6(4<+&'*+%*&<4'64
#<'J%*=+>%6('*&4+6%=*%;%&'*($9+'*>+&)"$>+<46"$(+%*+'&&%>4*(6+'*>+64<%)"6+%*A"<%46B
● /4@4<+6()H+(84+4*=%*4+)<+67%(&8+(84+%=*%(%)*+);;+78%$4+(84+@48%&$4+%6+:)@%*=B
● D;+#<'J%*=+6"HH)<(+%6+*)(+7)<J%*=+)<+(84+@48%&$4+%6+#4%*=+()74>L+9)"+7%$$+*44>+()+H<466+(84
#<'J4+H4>'$+8'<>4<+#4&'"64+(84+$'&J+);+#<'J%*=+'66%6('*&4+7%$$+%*&<4'64+(84+#<'J%*=+>%6('*&4B
● .$7'96+J44H+(84+;))(74$$+#4$)7+(84+H4>'$+&$"6(4<+&$4'<+6)+(8'(+(84+#<'J4+H4>'$+&'*+:)@4
;<44$9B

D;+9)"+'<4+8'@%*=+(84+;<)*(+#<'J4+H'>6+&84&J4>L+(84+<4'<+#<'J4+H'>6+68)"$>+#4+&84&J4>+'(
(84+6':4+(%:4B+24="$'<$9+&84&J+(84+(8%&J*466+);+(84+#<'J4+H'>6+@%6"'$$9+#9+%*6H4&(%*=
(84:+(8<)"=8+(84+)H4*%*=6+%*+(84+7844$+<%:6+)<+;<):+"*>4<*4'(8+(84+@48%&$4B+D;+*4&46,
6'<9L+<4:)@4+(84+7844$6+6)+(8'(+(84+#<'J4+H'>6+&'*+#4+%*6H4&(4>B+X)$J67'=4*+<4&):,
:4*>6+&)*('&(%*=+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4
R'&%$%(9B

A%585#6(*(,2*C$C(8$/59,$

/)(4+(84+;)$$)7%*=+;)<+=))>+@48%&$4+8'*>$%*=+784*+(84+@48%&$4+%6+$)'>4>T
— W()7+'$$+&'<=)+64&"<4$9+UM+3<'*6H)<(%*=L+-46&<%H(%)*V B
— .&&4$4<'(4+7%(8+45(<'+&'<4+'*>+&'"(%)*B
— .@)%>+6">>4*+#<'J%*=+'*>+><%@%*=+:'*4"@4<6B
— [<'J4+4'<$%4<+(8'*+"6"'$B
— D;+*4&466'<9L+644+(84+%*;)<:'(%)*+'#)"(+<));+<'&J6+UM+2));+<'&JL+-46&<%H(%)*V B
— D;+*4&466'<9L+*)(4+(84+%*;)<:'(%)*+'#)"(+><%@%*=+7%(8+'+(<'%$4<+UM+3<'%$4<+()7%*=L+-46&<%H(%)*V B
C.2/D/0
W$%>%*=+$)'>6+&'*+&)*6%>4<'#$9+%:H'%<+(84+><%@%*=+6('#%$%(9+'*>+6';4(9+);+9)"<+@48%&$4L+%*&<4'64
(84+#<'J%*=+>%6('*&4+784*+9)"+#<'J4+8'<>+)<+H4<;)<:+'*+4:4<=4*&9+6()HL+'*>+(8"6+%*&<4'64+(84
<%6J+);+'&&%>4*(6+'*>+64<%)"6+%*A"<9B
● E)<<4&($9+64&"<4+(84+$)'>+;<):+6$%>%*=B
● F64+6"%('#$4+(%4,>)7*6+)<+(4*6%)*%*=+6(<'H6+)*+84'@9+)#A4&(6B
● W4&"<4$9+4*='=4+(84+<4'<+64'(+#'&J<46(B

A%585#6("5./(*#(2=$#(.%+#0(,5C

-<%@%*=+7%(8+'*+)H4*+(<"*J+$%>+&'*+#4+46H4&%'$$9+>'*=4<)"6B+W4&"<4+'$$+)#A4&(6+'*>+(84+)H4*+(<"*J
$%>+&)<<4&($9+'*>+('J4+6";;%&%4*(+H<4&'"(%)*6+()+<4>"&4+(84+':)"*(+);+H)%6)*)"6+458'"6(+(8'(+4*,
(4<6+(84+@48%&$4B

C.2/D/0
-<%@%*=+7%(8+(84+(<"*J+$%>+"*$)&J4>+)<+)H4*+:'9+&'"64+64<%)"6+%*A"<%46B
● .$7'96+><%@4+7%(8+(84+(<"*J+$%>+&$)64>B
● W()<4+'$$+)#A4&(6+64&"<4$9+%*+(84+$"=='=4+&):H'<(:4*(B+b))64+)#A4&(6+&'*+;'$$+)"(+);+(84+$"=,
='=4+&):H'<(:4*(+'*>+%*A"<4+)(84<+<)'>+"64<6B
● .$7'96+><%@4+7%(8+&'"(%)*+'*>+'*(%&%H'(4+"H&):%*=+(<';;%&+6%("'(%)*6B
● .@)%>+'#<"H(+)<+6">>4*+><%@%*=+'*>+#<'J%*=+:'*4"@4<6+#4&'"64+(84+)H4*+(<"*J+$%>+&'*+:)@4
%*+'*+"*&)*(<)$$4>+:'**4<B
● a'<J+)#A4&(6+(8'(+H<)A4&(+)"(+);+(84+$"=='=4+&):H'<(:4*(+6)+(849+7%$$+#4+@%6%#$4+()+)(84<6
)*+(84+<)'>B+G#64<@4+$4='$+<4="$'(%)*6B
● D;+)#A4&(6+:"6(+H<)A4&(+)"(+);+(84+$"=='=4+&):H'<(:4*(L+*4@4<+"64+(84+(<"*J+$%>+()+g&$':Hh
)<+g64&"<4h+)#A4&(6B
● D;+(84<4+%6+'+<));+<'&J+7%(8+&'<=)+)*+(84+(<"*J+$%>L+'$7'96+<4:)@4+%(+#4;)<4+><%@%*=+7%(8+'*
)H4*+(<"*J+$%>B

C.2/D/0
!)%6)*)"6+458'"6(+:'9+4*(4<+(84+@48%&$4+%*(4<%)<+784*+(84+(<"*J+$%>+%6+)H4*B+38%6+&'*+$4'>+()+'
$)66+);+&)*6&%)"6*466L+&'<#)*+:)*)5%>4+H)%6)*%*=L+'&&%>4*(6L+'*>+64<%)"6+%*A"<%46B
● 3)+H<4@4*(+H)%6)*)"6+458'"6(+;<):+4*(4<%*=+(84+@48%&$4L+'$7'96+><%@4+7%(8+(84+(<"*J+$%>
&$)64>B
● D;+9)"+'#6)$"(4$9+:"6(+><%@4+7%(8+(84+(<"*J+$%>+)H4*L+('J4+(84+;)$$)7%*=+H<4&'"(%)*6+()+<4,
>"&4+(84+<%6J+);+H)%6)*)"6+458'"6(+;":46+4*(4<%*=+(84+@48%&$4+%*(4<%)<T
● E$)64+'$$+7%*>)76+'*>+(84+6"*<));B
● W7%(&8+);;+(84+<4&%<&"$'(%)*+:)>4+;)<+(84+&$%:'(4+&)*(<)$+696(4:B
● GH4*+'$$+(84+'%<+@4*(6+%*+(84+%*6(<":4*(+H'*4$B
● W4(+(84+;'*+;)<+(84+&$%:'(4+&)*(<)$+696(4:+()+(84+8%=846(+64((%*=B

/G3DE1
GH4*%*=+(84+(<"*J+$%>+&8'*=46+(84+84%=8(+'*>+H)66%#$9+(84+$4*=(8+);+(84+@48%&$4B
A%585#6(./%2+6/("*.$%(2#(%2*C'

/)(4+(84+;)$$)7%*=+()+<4>"&4+(84+<%6J+);+@48%&$4+>':'=4+784*+><%@%*=+(8<)"=8+7'(4<L+;)<+45':H$4
)*+;$))>4>+<)'>6T
'*9+8%=84<+(8'*+(84+#)(():+);+(84+@48%&$4+#)>9+M+
— +384+7'(4<+:"6(+*)(+#4+'*9+8%=84< B
— -)+*)(+><%@4<+;'6(4<+(8'*+7'$J%*=+6H44>6B
— /4@4<+6()H+(84+@48%&$4L+><%@4+%*+<4@4<64L+)<+6()H+(84+4*=%*4+%*+7'(4<B
— G*&):%*=+@48%&$46+&<4'(4+7'@46+(8'(+&'*+<'%64+(84+7'(4<+$4@4$+;)<+9)"<+@48%&$4+4*)"=8+(8'(+%(
%6+*)(+6';4+()+><%@4+(8<)"=8B
— .$7'96+:'*"'$$9+>4'&(%@'(4+(84+6('<(,6()H+696(4:+784*+><%@%*=+(8<)"=8+7'(4<+UM+W('<(,6()H
696(4:L+-46&<%H(%)*V B

C.2/D/0
C84*+><%@%*=+(8<)"=8+7'(4<L+:">L+6$"68L+4(&BL+(84+#<'J%*=+4;;4&(+:'9+#4+>4$'94>+>"4+()+>':H
)<+%&9+#<'J4+<)()<6+'*>+#<'J4+H'>6+%*+(84+7%*(4<L+'*>+(8%6+&'*+45(4*>+(84+#<'J%*=+>%6('*&4B
● !<466+(84+#<'J4+H4>'$+&'<4;"$$9+()+g><9+'*>+&$4'<+%&4h+;<):+(84+#<'J46B+-)+*)(+4*>'*=4<+<)'>
"64<6+)<+>%6<4='<>+$4='$+<4="$'(%)*6+784*+>)%*=+(8%6B
● .@)%>+'#<"H(+'*>+6">>4*+#<'J%*=+:'*4"@4<6+>%<4&($9+';(4<+><%@%*=+(8<)"=8+7'(4<B

/G3DE1
● X48%&$4+&):H)*4*(6+6"&8+'6+(84+4*=%*4L+(<'*6:%66%)*L+6"6H4*6%)*L+)<+4$4&(<%&'$+696(4:+&'*
#4+64@4<4$9+>':'=4>+#9+><%@%*=+(8<)"=8+7'(4<B
● /4@4<+><%@4+(8<)"=8+6'$(+7'(4<L+#4&'"64+6'$(+&'*+&'"64+&)<<)6%)*B+D::4>%'(4$9+&$4'*+'*9+@4,
8%&$4+&):H)*4*(6+(8'(+&):4+%*()+&)*('&(+7%(8+6'$(+7'(4<+"6%*=+;<468+7'(4<B

D%$*05#6(5#(./$($#65#$

.+*47+4*=%*4+*44>6+()+#4+#<)J4*+%*+>"<%*=+(84+;%<6(+N\PP+J:+UNPPP+:%$46VB+.$$+:)@%*=+H'<(6
68)"$>+#4+'#$4+()+7)<J+()=4(84<B+-"<%*=+(84+;%<6(+64@4<'$+8)"<6+);+)H4<'(%)*L+(84+4*=%*4+8'6+'
8%=84<+%*(4<*'$+;<%&(%)*+(8'*+%(+7%$$+$'(4<B
FH+()+NPPP+J:+
FH+()+NPPP+J:+U]PP+:%$46V
U]PP+:%$46VTT
— -)+*)(+'&&4$4<'(4+;"$$9B
— -)+*)(+"64+:)<4+(8'*+QYO+);+(84+:'5%:":+4*=%*4+2!aB
— -)+*)(+><%@4+7%(8+'+(<'%$4<+UM+3<'%$4<+()7%*=L+-46&<%H(%)*V B

[4(744*+NPPP+'*>+N\PP+J:+
[4(744*+NPPP+'*>+N\PP+J:+U]PP+()+NPPP+:%$46V
U]PP+()+NPPP+:%$46VTT
— D*&<4'64+(84+6H44>+'*>+4*=%*4+2!a+=<'>"'$$9 B

384+><%@%*=+6(9$4+>"<%*=+(84+;%<6(+N\PP+J:+UNPPP+:%$46V+'$6)+4;;4&(6+(84+4*=%*4+I"'$%(9B+1@4*+';(4<
(8'(L+(84+@48%&$4+68)"$>+#4+><%@4*+7%(8+:)>4<'(4+4*=%*4+6H44>6+U46H4&%'$$9+784*+(84+4*=%*4+%6
&)$>V+()+<4>"&4+(84+<%6J+);+4*=%*4+74'<+'*>+84$H+(84+4*=%*4+()+8'@4+(84+$)*=46(+64<@%&4+$%;4
H)66%#$4B
-)+*)(+><%@4+'(+())+$)7+);+'*+4*=%*4+6H44>+U2!aVB+.$7'96+>)7*68%;(+%;+(84+4*=%*4+6()H6+<"**%*=
g6:))(8$9hB
/47+(%<46+UM+D:H)<('*(+%*;)<:'(%)*+)*+7844$6+'*>+(%<46L+-46&<%H(%)*V +'*>+#<'J4+H'>6+UM+D*;)<,
:'(%)*+)*+(84+#<'J46L+04*4<'$+6';4(9V +:"6(+#4+&'<4;"$$9+#<)J4*+%*B

C84*+'+*47+4*=%*4+%6+#<)J4*+%*+=4*($9L+%(+%*&<4'646+(84+64<@%&4+$%;4+78%$4+'$6)+&)*6":%*=+$466
4*=%*4+)%$B

!=$%*.5#6(./$(8$/59,$(5#(C533$%$#.(92+#.%5$'(*#C(92#.5#$#.'

384+@48%&$4+7'6+:'*";'&("<4>+#9+(84+;'&()<9+;)<+'+6H4&%;%&+&)"*(<9+'*>+:44(6+(8)64+'HH<)@'$
<4="$'(%)*6+(8'(+74<4+@'$%>+'(+(84+(%:4+);+@48%&$4+:'*";'&("<4B
D;+(84+@48%&$4+7%$$+#4+"64>+(4:H)<'<%$9+)<+;)<+'+#<%4;+H4<%)>+%*+'*)(84<+&)"*(<9L+(84*+<4'>+'*>+)#,
64<@4+(84+;)$$)7%*=+%*;)<:'(%)*+UM+W';4(9L+D*(<)>"&(%)*Y=4*4<'$+%*;)<:'(%)*V B
D;+(84+@48%&$4+%6+6)$>+%*+'*)(84<+&)"*(<9+)<+7%$$+#4+"64>+;)<+'*+45(4*>4>+H4<%)>+%*+'*)(84<+&)"*(<9L
(84*+(84+'HH$%&'#$4+$4='$+<4="$'(%)*6+%*+(8'(+&)"*(<9+:"6(+#4+)#64<@4>B
E4<('%*+4I"%H:4*(+:'9+*44>+()+#4+%*6('$$4>+)<+<4:)@4>+'*>+;"*&(%)*6+:'9+*44>+()+#4+>4'&(%@'(,
4>B+384+6&)H4+'*>+(9H46+);+64<@%&4+:'9+'$6)+#4+';;4&(4>B+38%6+H'<(%&"$'<$9+'HH$%46+%;+(84+@48%&$4+%6
#4%*=+)H4<'(4>+;)<+'*+45(4*>4>+H4<%)>+%*+'+>%;;4<4*(+&$%:'(4+<4=%)*B
-"4+()+(84+:'*9+>%;;4<4*(+;<4I"4*&9+#'*>6+'<)"*>+(84+7)<$>L+(84+D*;)('%*:4*(+696(4:+%*6('$$4>
'(+(84+;'&()<9+:'9+*)(+;"*&(%)*+%*+)(84<+&)"*(<%46B

/G3DE1
● X)$J67'=4*+%6+*)(+<46H)*6%#$4+;)<+>':'=4+()+(84+@48%&$4+&'"64>+#9+6"#6('*>'<>+;"4$L+%*6";;%,
&%4*(+64<@%&4L+)<+*)(+"6%*=+X)$J67'=4*+04*"%*4+H'<(6B
● X)$J67'=4*+%6+*)(+<46H)*6%#$4+%;+(84+@48%&$4+>)46+*)(+:44(+'$$+);+(84+'HH$%&'#$4+$4='$+<4,
I"%<4:4*(6+%*+)(84<+&)"*(<%46+'*>+&)*(%*4*(6B

K%2+4,$'/22.5#6

(D%*0$('1'.$>(>*,3+#9.52#
384+<4>+7'<*%*=+$%=8(+("<*6+)*B
.+:466'=4+:'9+'$6)+#4+>%6H$'94>B
+-)+*)(+&)*(%*"4+><%@%*=i
— E)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+'*>+8'@4
(84+#<'J4+696(4:+%*6H4&(4>B
(D%*0$(=*C("$*%(5#C59*.2%
384+94$$)7+%*>%&'()<+$%=8(+("<*6+)*B
384+;<)*(+#<'J4+H'>6+'<4+7)<*B
— E)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9
%::4>%'(4$9B
— K'@4+'$$
'$$+#<'J4+H'>6+%*6H4&(4>+'*>+<4H$'&4>L+%;+*4&466'<9B

F.*%.5#6(*#C('.2==5#6(./$($#65#$

F.*%.$%(4+..2#

384+6('<(4<+#"(()*+<4H$'&46+(84+%=*%(%)*+$)&J+U!<466+t+-<%@4VB

R%=B+
R%=B+NN+ b)&'(4>+%*+(84+$)74<+'<4'+);+(84+&4*(4<+&)*6)$4T+W('<(4<+#"(()*+;)<+6('<(%*=+(84+4*=%*4+U%*
@48%&$46+7%(8+'+:'*"'$+=4'<#)5VB
R%=B+
R%=B+QQ+ b)&'(4>+%*+(84+$)74<+'<4'+);+(84+&4*(4<+&)*6)$4T+W('<(4<+#"(()*+;)<+6('<(%*=+(84+4*=%*4+U%*
@48%&$46+7%(8+'+-W0f+'"():'(4>+(<'*6:%66%)*VB

384+4*=%*4+%6+6('<(4>+#9+(84+6('<(4<+#"(()*+U!<466+t+-<%@4VB
384+@48%&$4+&'*+)*$9+#4+'&(%@'(4>+784*+(84<4+%6+'+@'$%>+@48%&$4+J49+%*6%>4+(84+@48%&$4B
384+4$4&(<)*%&+6(44<%*=+&)$":*+$)&J+%6+'&(%@'(4>+784*+9)"+$4'@4+(84+@48%&$4
784*+9)"+$4'@4+(84+@48%&$4+#9+)H4*%*=+(84
><%@4<d6+>))<+784*+(84+%=*%(%)*+%6+67%(&84>+);;+UM+W(44<%*=L+R"*&(%)*V B

F"5.9/5#6(./$(56#5.52#(2#(2%(233
!<466+(84+6('<(4<+#"(()*+)*&4+7%(8)"(+H<466%*=+(84+#<'J4+)<+&$"(&8+H4>'$+M+ B

:+.2>*.59(56#5.52#('"5.9/(233
D;+(84+@48%&$4+<4&)=*%?46+(8'(+(84+><%@4<+%6+'#64*(+784*+(84+4*=%*4+%6+'&(%@4$9+6()HH4>L+(84+%=*%,
(%)*+%6+'"():'(%&'$$9+67%(&84>+);;+';(4<+'+&4<('%*+':)"*(+);+(%:4B+D;+(84+$)7+#4':+84'>$%=8(6
74<4+67%(&84>+)*+'(+(8%6+(%:4L+(84+H'<J%*=+$%=8(+<4:'%*6+)*+;)<+'<)"*>+OP+:%*"(46B+384+H'<J%*=
$%=8(+&'*+#4+67%(&84>+);;L+4%(84<+#9+$)&J%*=+(84+@48%&$4+UM+E4*(<'$+$)&J%*=+#"(()*L+-46&<%H(%)*V +)<
:'*"'$$9+UM+!'<J%*=+$%=8(L+GH4<'(%)*V B

;#65#$(%$'.*%.(3+#9.52#
D;+*)+@'$%>+@48%&$4+J49+%6+>4(4&(4>+%*6%>4+(84+@48%&$4+';(4<+6()HH%*=+(84+4*=%*4L+%(+&'*+#4+6('<(4>
'='%*+7%(8%*+'HH<)5%:'(4$9+;%@4+64&)*>6B+.+:466'=4+'#)"(+(8%6+7%$$+#4+68)7*+%*+(84+%*6(<":4*(
&$"6(4<+>%6H$'9B
G*&4+(8%6+(%:4+8'6+4$'H64>L+(84+@48%&$4+&'*+*)+$)*=4<+#4+6('<(4>+7%(8)"(+'+@'$%>+@48%&$4+J49+%*6%>4
(84+@48%&$4B

C.2/D/0
F*%*(4*(%)*'$+@48%&$4+:)@4:4*(6+&'*+&'"64+64<%)"6+%*A"<%46B
● -)+*)( +H<466+(84+#<'J4+)<+&$"(&8+H4>'$+784*+67%(&8%*=+)*+(84+%=*%(%)*+)<+(84+4*=%*4+7%$$
6('<(+%::4>%'(4$9B

C.2/D/0
E'<4$466+)<+"*%*(4*>4>+"64+);+(84+@48%&$4+J49+&'*+&'"64+&<'6846+'*>+64<%)"6+%*A"<%46B
● .$7'96+('J4+'$$+@48%&$4+J496+7%(8+9)"+784*+$4'@%*=+(84+@48%&$4B+E8%$><4*+)<+"*'"(8)<%?4>
H4)H$4+&)"$>+$)&J+(84+@48%&$4L+6('<(+(84+4*=%*4L+)<+67%(&8+(84+%=*%(%)*+)*+'*>+'&(%@'(4+4$4&(<%,
&'$+4I"%H:4*(L+6"&8+'6+(84+H)74<+7%*>)76B

.$7'96+67%(&8+(84+%=*%(%)*+);;+:'*"'$$9+#4;)<4+$4'@%*=+(84+@48%&$4+'*>+*)(4+'*9+:46,
6'=46+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9B

384+@48%&$4+#4%*=+6('(%)*'<9+;)<+$)*=+H4<%)>6+7%(8+(84+%=*%(%)*+67%(&84>+)*+&'*+&'"64+(84
NQ+X+@48%&$4+#'((4<9+()+><'%*+'*>+(84*+%(+7%$$+*)(+#4+H)66%#$4+()+6('<(+(84+4*=%*4B

F.*%.5#6(./$($#65#$

— !<466+(84+6('<(4<+#"(()*+)*&4B+384+%=*%(%)*+:"6(+#4+67%(&84>+)*B
— !<466+'*>+8)$>+(84+#<'J4+H4>'$+"*(%$+(84+4$4&(<)*%&+H'<J%*=+#<'J4+%6+67%(&84>+);;B
— ​X48%&$46+7%(8+:'*"'$+(<'*6:%66%)*T+R"$$9+H<466+'*>+8)$>+(84+&$"(&8+H4>'$+"*(%$+(84+4*=%*4+8'6
6('<(4>B+[<%*=+(84+=4'<68%;(+$4@4<+()+(84+*4"(<'$+H)6%(%)*B
— !<466+(84+6('<(4<+#"(()*+UM+W('<(4<+#"(()*L+R"*&(%)*V +'*>+>)+*)(+H<466+(84+'&&4$4<'()<+H4>'$B+.
@'$%>+@48%&$4+J49+:"6(+#4+%*6%>4+(84+@48%&$4+;)<+(84+4*=%*4+()+6('<(B+24$4'64+(84+6('<(4<+#"(()*
)*&4+(84+4*=%*4+6('<(6B
— ​X48%&$4+7%(8+>%464$+4*=%*4T+C84*+(84+>%464$+4*=%*4+%6+%*+(84+H<4,=$)7+H8'64L+(84+ +%*>%&'()<
$%=8(+%*+(84+%*6(<":4*(+&$"6(4<+%6+$%(B
— D;+(84+4*=%*4+>)46+*)(+6('<(L+6()H+(84+6('<(%*=+H<)&4>"<4+'*>+(<9+'='%*+';(4<+64@4<'$+:%*"(46B
— D;+(84+@48%&$4+7'6+$)&J4>+7%(8+(84+@48%&$4+J49L+(84+6('<(4<+#"(()*+7%$$+#4+>4'&(%@'(4>B+D;+9)"+'<4
%*+(84+@48%&$4+'*>+9)"+*44>+()+6('<(+(84+4*=%*4L+"*$)&J+(84+@48%&$4+;%<6(+)<+H4<;)<:+'*+4:4<,
=4*&9+6('<(+UM+1*=%*4+6('<(L+R.eV B
— W7%(&8+);;+(84+4$4&(<)*%&+H'<J%*=+#<'J4+()+6('<(+><%@%*=B
C.2/D/0
384+<%6J+);+64<%)"6+%*A"<%46+&'*+#4+<4>"&4>+784*+(84+4*=%*4+%6+<"**%*=+)<+784*+6('<(%*=+(84
4*=%*4B
● /4@4<+6('<(+(84+4*=%*4+)<+$4(+%(+<"*+%*+"*@4*(%$'(4>+)<+4*&$)64>+6H'&46B+.:)*=+)(84<+6"#,
6('*&46L+4*=%*4+458'"6(+&)*('%*6+&'<#)*+:)*)5%>4L+'*+)>)<$466+'*>+&)$)<$466+H)%6)*)"6+='6B
E'<#)*+:)*)5%>4+&'*+&'"64+$)66+);+&)*6&%)"6*466+'*>+>4'(8B
● /4@4<+6('<(+(84+4*=%*4+)<+$4(+%(+<"*+%;+)%$L+;"4$L+)<+)(84<+8%=8$9,;$'::'#$4+)H4<'(%*=+:'(4<%'$6
'<4+"*>4<+(84+@48%&$4L+*4'<+(84+@48%&$4L+)<+><%HH%*=+;<):+(84+@48%&$4L+;)<+45':H$4+'6+'+<46"$(
);+>':'=4B
● /4@4<+$4'@4+(84+@48%&$4+"*'((4*>4>+784*+(84+4*=%*4+%6+<"**%*=L+46H4&%'$$9+%;+'+><%@%*=+=4'<+%6
4*='=4>B+384+@48%&$4+&)"$>+:)@4+6">>4*$9+)<+H4<;)<:+'*+"*"6"'$+'&(%)*L+%*&<4'6%*=+(84+<%6J
);+>':'=4L+;%<46L+'*>+64<%)"6+%*A"<%46B
● /4@4<+"64+'+6('<(+#))6(4<B+.+6('<(+#))6(4<+&'*+45H$)>4+'*>+&'"64+6">>4*+4*=%*4+<4@@%*=B

/G3DE1
● 384+6('<(4<+)<+4*=%*4+&'*+#4+>':'=4>+%;+9)"+(<9+()+6('<(+(84+4*=%*4+78%$4+><%@%*=+)<+%;+9)"
<46('<(+(84+4*=%*4+%::4>%'(4$9+';(4<+67%(&8%*=+%(+);;B
● .@)%>+8%=8+4*=%*4+6H44>6L+;"$$+'&&4$4<'(%)*L+'*>+84'@9+4*=%*4+$)'>6+784*+(84+4*=%*4+%6+&)$>B
● -)+*)(+H"68+6('<(+)<+()7+6('<(+(84+@48%&$4B+F*&):#"6(4>+;"4$+&'*+>':'=4+(84+&'('$9(%&
&)*@4<(4<B

-)+*)(+$4(+(84+4*=%*4+<"*+()+7'<:+"H+78%$4+(84+@48%&$4+%6+H'<J4>B+[4=%*+><%@%*=+'6+6))*+'6
(84<4+%6+4*)"=8+@%6%#%$%(9+(8<)"=8+(84+7%*>)76B+38%6+'$$)76+(84+4*=%*4+()+<4'&8+%(6+)H4<'(%*=
(4:H4<'("<4+6))*4<+'*>+<4>"&46+(84+4:%66%)*6B

a'A)<+4$4&(<%&'$+4I"%H:4*(+67%(&846+);;+(4:H)<'<%$9+784*+6('<(%*=+(84+4*=%*4B

R)<+45':H$4L+%;+(84+@48%&$4+J49+#"(()*+&4$$+#'((4<9+%6+74'J+)<+><'%*4>L+(84+4*=%*4+&'**)(
#4+6('<(4>+7%(8+(84+6('<(4<+#"(()*B+D;+(8%6+%6+(84+&'64L+"64+(84+4:4<=4*&9+6('<(+;"*&(%)*
UM+1*=%*4+6('<(L+R.eV B

.;(4<+6('<(%*=L+)H4<'(%*=+*)%646+:'9+#4+(4:H)<'<%$9+8%=84<+(8'*+"6"'$+78%$4+(84+4*=%*4+%6
&)$>B+38%6+%6+*)<:'$+'*>+*)(+'+&'"64+;)<+&)*&4<*B

.&(%@'(%)*+);+(84+;"4$,H)74<4>+6"HH$4:4*('<9+84'(4<+'(+)"(6%>4+(4:H4<'("<46+);+#4$)7
jZN+kR+Uj\+kEV+)*+@48%&$46+7%(8+'+>%464$+4*=%*4+:'9+$4'>+()+'+6$%=8(+':)"*(+);+6:)J4+#4,
%*=+4:%((4>+;<):+"*>4<*4'(8B

F.2==5#6(./$($#65#$

— [<%*=%*=+(84+@48%&$4+()+'+6()H+M+ B
— !'<J%*=+(84+@48%&$4+UM+!'<J%*=L+.&(%)*V B
— !<466+(84+6('<(4<+#"(()*+#<%4;$9B+D;+(84+4*=%*4+&'**)(+#4+("<*4>+);;L+H4<;)<:+'*+4:4<=4*&9
68"(,);;+UM+1*=%*4+6('<(L+R.eV B
— !'9+'((4*(%)*+()+(84+:466'=46+%*+(84+%*6(<":4*(+&$"6(4<+UM+D*6(<":4*(+&$"6(4<L+-46&<%H(%)*V B
E*%("*'/(3+#9.52#
​X48%&$46+7%(8+'+-W0f+'"():'(4>+(<'*6:%66%)*T+384+@48%&$4+<4:'%*6+'#$4+()+<)$$+%*+(84+/ /+=4'<+;)<
OP+:%*"(46+';(4<+(84+%=*%(%)*+%6+67%(&84>+);;L+';(4<+78%&8+(%:4+(84+H'<J%*=+$)&J+7%$$+#4+4*='=4>
'"():'(%&'$$9B+C'<*%*=+*)(%;%&'(%)*6+'<4+68)7*+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9+)*4+:%*"(4+#4,
;)<4+(84+H'<J%*=+$)&J+%6+'"():'(%&'$$9+4*='=4>B

;<5.("*%#5#6
C84*+(84+><%@4<+>))<+%6+)H4*4>L+'+7'<*%*=+&8%:4+6)"*>6+'*>+7'<*%*=+*)(%;%&'(%)*6+'HH4'<+%*+(84
%*6(<":4*(+&$"6(4<+>%6H$'9+()+7'<*+9)"+(8'(+9)"+'<4+45%(%*=+'+@48%&$4+(8'(+&'*+<)$$B

C.2/D/0
/4@4<+("<*+(84+4*=%*4+);;+784*+(84+@48%&$4+%6+%*+:)(%)*B+38'(+&'*+<46"$(+%*+$)66+);+&)*(<)$+);+(84
@48%&$4L+'&&%>4*(6L+'*>+64<%)"6+%*A"<%46B
● 384+'%<#'=6+'*>+6';4(9+#4$(+H<4(4*6%)*4<6+7%$$+*)(+;"*&(%)*B
● [<'J%*=+6"HH)<(+7%$$+*)(+7)<JB+n)"+:"6(+'HH$9+:)<4+H<466"<4+)*+(84+#<'J4+H4>'$+()+6()HB
● !)74<+6(44<%*=+7%$$+*)(+7)<JB+n)"+:"6(+"64+:)<4+;)<&4+()+6(44<B
● C84*+(84+%=*%(%)*+%6+67%(&84>+);;L+(84+6(44<%*=+&)$":*+$)&J+&)"$>+4*='=4+'*>+9)"+7)"$>+*)(
#4+'#$4+()+6(44<+(84+@48%&$4B

C.2/D/0
158'"6(+696(4:+&):H)*4*(6+7%$$+#4&):4+@4<9+8)(B+38%6+&'*+<46"$(+%*+;%<46+'*>+64<%)"6+%*A"<%46B
● /4@4<+H'<J+(84+@48%&$4+%*+6"&8+'+7'9+(8'(+458'"6(+696(4:+&):H)*4*(6+&):4+%*()+&)*('&(
7%(8+;$'::'#$4+:'(4<%'$6+"*>4<+(84+@48%&$4L+;)<+45':H$4+68<"#6L+$4'@46L+><9+=<'66L+6H%$$4>
;"4$L+4(&B
● /4@4<+"64+'>>%(%)*'$+"*>4<#)>9+H<)(4&(%)*+)<+&)<<)6%)*+H<)(4&(%)*+;)<+458'"6(+H%H46L+&'(,
'$9(%&+&)*@4<(4<6L+84'(+68%4$>6L+)<+H'<(%&"$'(4+;%$(4<6B

/G3DE1
384+4*=%*4+&'*+)@4<84'(+';(4<+("<*%*=+%(+);;+%;+(84+@48%&$4+%6+><%@4*+7%(8+'+8%=8+4*=%*4+$)'>+;)<+'
$)*=+H4<%)>+);+(%:4B+3)+<4>"&4+(84+<%6J+);+4*=%*4+>':'=4L+$4(+(84+4*=%*4+<"*+%*+*4"(<'$+;)<+'H,
H<)5%:'(4$9+(7)+:%*"(46+#4;)<4+("<*%*=+%(+);;B

384+<'>%'()<+;'*+%*+(84+4*=%*4+&):H'<(:4*(+:'9+&)*(%*"4+<"**%*=+;)<+64@4<'$+:%*"(46
';(4<+("<*%*=+(84+4*=%*4+);;L+4@4*+%;+(84+%=*%(%)*+%6+67%(&84>+);;+)<+(84+@48%&$4+J49+%6+<4,
:)@4>B+384+<'>%'()<+;'*+7%$$+("<*+);;+'"():'(%&'$$9B

;,$9.%2#59(5>>245,5V$%

384+%::)#%$%?4<+84$H6+H<4@4*(+(84+4*=%*4+;<):+#4%*=+6('<(4>+'*>+(84+@48%&$4+;<):+#4%*=+:)@4>
7%(8+'*+"*'"(8)<%?4>+@48%&$4+J49B
384<4+%6+'+&8%H+%*+(84+@48%&$4+J49B+D(+%6+"64>+()+'"():'(%&'$$9+>4'&(%@'(4+(84+4$4&(<)*%&+%::)#%$%?4<
784*+(84<4+%6+'+@'$%>+<4:)(4+&)*(<)$+@48%&$4+J49+%*+(84+@48%&$4+%*(4<%)<B
384+4$4&(<)*%&+%::)#%$%?4<+%6+'"():'(%&'$$9+'&(%@'(4>+'6+6))*+'6+(84<4+%6+*)+@'$%>+@48%&$4+J49+%*
(84+@48%&$4B
384+4*=%*4+&'*+)*$9+#4+6('<(4>+7%(8+'+X)$J67'=4*+04*"%*4+@48%&$4+J49+(8'(+%6+&)>4>+&)<<4&($9B
n)"+&'*+)#('%*+&)>4>+@48%&$4+J496+;<):+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67',
=4*+W4<@%&4+R'&%$%(9B

G*$9+"6%*=+X)$J67'=4*+04*"%*4+@48%&$4+J496+7%$$+4*6"<4+(8'(+9)"<+@48%&$4+)H4<'(46
&)<<4&($9B

K%2+4,$'/22.5#6

R%=B+
R%=B+NN+ D*+(84+&4*(4<+'<:<46(T+1:4<=4*&9+6('<(+;"*&(%)*B

(;#65#$(92#.%2,(>*,3+#9.52#
384+94$$)7+%*>%&'()<+$%=8(+("<*6+)*B
1*=%*4+&)*(<)$+%6+:'$;"*&(%)*%*=B
— K'@4+(84+4*=%*4+%*6H4&(4>+%::4>%'(4$9+#9+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>
X)$J67'=4*+W4<@%&4+R'&%$%(9B

(;#65#$('=$$C(,5>5.$C
384+94$$)7+%*>%&'()<+$%=8(+("<*6+)*B
384+4*=%*4+6H44>+8'6+#44*+$%:%(4>+()+<4>"&4+(84+<%6J+);+(84+4*=%*4+)@4<84'(%*=B
384+%*6(<":4*(+&$"6(4<+>%6H$'9+68)76+(84+4*=%*4+6H44>B
384+4*=%*4+6H44>+$%:%('(%)*+%6+<4:)@4>+%*+(84+;)$$)7%*=+6&4*'<%)6T
— 384+4*=%*4+%6+*)+$)*=4<+7%(8%*+'+&<%(%&'$+(4:H4<'("<4+<'*=4B
— 384+><%@4<c6+;))(+%6+<4:)@4>+;<):+(84+'&&4$4<'()<+H4>'$B

(K26$./$%("5./( ($#65#$('=$$C(,5>5.*.52#(C+$(.2($#65#$(92#M
.%2,(>*,3+#9.52#
384+94$$)7+%*>%&'()<+$%=8(6+("<*+)*B
384+4*=%*4+6H44>+$%:%('(%)*+%6+(<%==4<4>+#9+'*+4*=%*4+&)*(<)$+:'$;"*&(%)*B
— a'J4+6"<4+(84+>%6H$'94>+2!a+%6+*)(+45&44>4>B
— K'@4+(84+4*=%*4+%*6H4&(4>+%::4>%'(4$9+#9+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>
X)$J67'=4*+W4<@%&4+R'&%$%(9B

(O%$6,2"('1'.$>(2%($#65#$(92#.%2,
​X48%&$4+7%(8+>%464$+4*=%*4T
384+94$$)7+%*>%&'()<+$%=8(+("<*6+)*
("<*6+)*B
C84*+(84+4*=%*4+%6+H<484'(%*=L+(84+%*>%&'()<+$%=8(6+("<*+)*+%*+(84+%*6(<":4*(+&$"6(4<+;)<+64@4<'$
64&)*>6B
384+%*>%&'()<+$%=8(+;$'6846
;$'6846+94$$)7B
1*=%*4+&)*(<)$+%6+:'$;"*&(%)*%*=B
— K'@4+(84+4*=%*4+%*6H4&(4>+%::4>%'(4$9+#9+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>
X)$J67'=4*+W4<@%&4+R'&%$%(9B

7*,5C(8$/59,$(0$1(9*##2.(4$(C$.$9.$C
.+&)<<46H)*>%*=+%*>%&'()<+'HH4'<6+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9B
D;+(84+@48%&$4+J49+8'6+'+74'J+)<+><'%*4>+#"(()*+&4$$+#'((4<9L+(84+@48%&$4+J49+:'9+*)(+#4+'#$4+()+#4
>4(4&(4>B
.*+4:4<=4*&9+6('<(+:"6(+#4+H4<;)<:4>T
— !<466+'*>+8)$>+(84+#<'J4+H4>'$B
— !$'&4+(84+@48%&$4+J49+%*+(84+<4'<+&"H+8)$>4<+%*+(84+&4*(4<+'<:<46(+'*>+H<466+(84+6('<(4<+#"(()*
M+;%=B+N B
— 384+%=*%(%)*+7%$$+67%(&8+)*+'"():'(%&'$$9+'*>+(84+4*=%*4+:'9+6('<(B

K/$($#65#$(9*##2.(4$(.+%#$C(233
384+4*=%*4+&'**)(+#4+("<*4>+);;+784*+(84+6('<(4<+#"(()*+%6+H<4664>+#<%4;$9B
.*+4:4<=4*&9+6()H+:"6(+#4+H4<;)<:4>T
— !<466+(84+6('<(4<+#"(()*+(7%&4+7%(8%*+64@4<'$+64&)*>6+)<+H<466+'*>+8)$>+)*4+(%:4B
384+4*=%*4+7%$$+6()H+'"():'(%&'$$9+UM+W('<(4<+#"(()*L+R"*&(%)*V B

K/$($#65#$(9*##2.(4$('.*%.$C
D;+'*+"*'"(8)<%?4>+@48%&$4+J49+%6+"64>+)<+(84+696(4:+%6+:'$;"*&(%)*%*=L+'+&)<<46H)*>%*=+%*>%&'()<
'HH4'<6+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9B
— F64+'*+'"(8)<%?4>+@48%&$4+J49B
— D;+(84+:'$;"*&(%)*+H4<6%6(6L+&)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67',
=4*+W4<@%&4+R'&%$%(9B

F.*%.]F.2=('1'.$>

F.*%.M'.2=('1'.$>

384+6('<(Y6()H+696(4:+67%(&846+(84+4*=%*4+);;+'"():'(%&'$$9+784*+(84+@48%&$4+8'6+6()HH4>+)<+%6
6('(%)*'<9+;)<+'+78%$4B+384+4*=%*4+'"():'(%&'$$9+<46('<(6+784*+<4I"%<4>B

F"5.9/5#6(2#(./$('.*%.]'.2=('1'.$>
384+;"*&(%)*+%6+'"():'(%&'$$9+'&(%@'(4>+4@4<9+(%:4+(84+%=*%(%)*+%6+67%(&84>+)*B
.$7'96+:'*"'$$9+>4'&(%@'(4+(84+6('<(Y6()H+696(4:+784*+><%@%*=+(8<)"=8+7'(4<B
3)+6()HL+H<466+'*>+8)$>+(84+#<'J4+H4>'$B+384+4*=%*4+67%(&846+);;+68)<($9+#4;)<4+&):%*=+()+'+&):,
H$4(4+6()HB
3)+<46('<(+(84+4*=%*4L+('J4+9)"<+;))(+);;+(84+#<'J4+H4>'$+)<+4*='=4+(84+'&&4$4<'()<B

G#C59*.2%(,56/.'
D;+(84+ +%*>%&'()<+$%=8(+$%=8(6+"HL+(84+6('<(Y6()H+696(4:+%6+'@'%$'#$4+'*>+(84+'"():'(%&+4*=%*4
6()H+%6+'&(%@4B
D;+(84+ +%*>%&'()<+$%=8(+$%=8(6+"HL+(84+6('<(Y6()H+696(4:+%6+*)(+'@'%$'#$4+)<+8'6+'$<4'>9+'"():'(%,
&'$$9+6('<(4>+(84+4*=%*4+M+D:H)<('*(+&)*>%(%)*6+;)<+'"():'(%&+4*=%*4+68"(+>)7* B

G>=2%.*#.(92#C5.52#'(32%(*+.2>*.59($#65#$('/+.(C2"#
— 384+><%@4<+8'6+(84%<+64'(+#4$(+)*B

— 384+><%@4<+>))<+%6+&$)64>B
— 384+4*=%*4+8))>+%6+&$)64>B
— 384+4*=%*4+%6+'(+%(6+:%*%:":+(4:H4<'("<4B
— 384+(4:H4<'("<4+%*+(84+@48%&$4+%*(4<%)<+%6+7%(8%*+(84+<'*=4+);+H<464(+(4:H4<'("<4+@'$"46+'*>
(84+8":%>%(9+%6+*)(+())+8%=8B
— 384+'%<+&)*>%(%)*%*=+696(4:+>4;<)6(+;"*&(%)*+%6+*)(+67%(&84>+)*B

— 384+NQ,@)$(+@48%&$4+#'((4<9+8'6+'+6";;%&%4*(+&8'<=4+$4@4$B
— 384+(4:H4<'("<4+);+(84+NQ,@)$(+@48%&$4+#'((4<9+%6+*)(+())+$)7+)<+())+8%=8B
— 384+@48%&$4+%6+*)(+)*+'+6(44H+"H7'<>+)<+>)7*7'<>+=<'>%4*(B
— 384+6(44<%*=+7844$+%6+*)(+("<*4>+())+'==<466%@4$9B

— 384+7%*>6&<44*+84'(%*=+%6+*)(+67%(&84>+)*B
— 24@4<64+=4'<+%6+*)(+4*='=4>B
— !'<J+.66%6(+%6+*)(+'&(%@'(4>B

D;+(84+&)*>%(%)*6+;)<+'"():'(%&+4*=%*4+67%(&8+);;+'<4+)*$9+:4(+784*+(84+@48%&$4+%6+6('(%)*'<9L+(84
4*=%*4+&'*+67%(&8+);;+$'(4<+%;+*4&466'<9L+;)<+45':H$4L+#9+67%(&8%*=+);;+(84+>4;<)6(+;"*&(%)*B

E2#C5.52#'(32%(*#(*+.2>*.59(%$'.*%.
384+4*=%*4+&'*+6('<(+'"():'(%&'$$9+"*>4<+(84+;)$$)7%*=+&)*>%(%)*6T
— C84*+(84+@48%&$4+%*(4<%)<+><':'(%&'$$9+84'(6+"H+)<+&))$6+>)7*B
— D;+(84+@48%&$4+6('<(6+:)@%*=B
— D;+(84+4$4&(<%&'$+@)$('=4+);+(84+NQ,@)$(+@48%&$4+#'((4<9+><)H6B
— D;+(84+6(44<%*=+7844$+%6+:)@4>B

.6+'+=4*4<'$+<"$4T+384+4*=%*4+'$7'96+<46('<(6+'"():'(%&'$$9+784*+(84+>4(4&(4>+6%("'(%)*+'*>+(84
@48%&$4+<4I"%<4+%(+()B

E2#C5.52#'("/59/(>*0$(*(>*#+*,(%$'.*%.(#$9$''*%1
F*>4<+(84+;)$$)7%*=+&)*>%(%)*6+(84+4*=%*4+:"6(+#4+:'*"'$$9+6('<(4>T
— 384+><%@4<+>))<+%6+)H4*4>B
— 384+4*=%*4+8))>+%6+)H4*4>B

)*#+*,,1(C$*9.58*.5#6(*#C(*9.58*.5#6(./$('.*%.]'.2=('1'.$>
384+6('<(Y6()H+696(4:+&'*+#4+:'*"'$$9+>4'&(%@'(4>+'*>+'&(%@'(4>+%*+(84+D*;)('%*:4*(+696(4:B+3)
>)+(8%6+('H+)*+(84+ X48%&$4 +64$4&(%)*+J49+%*+(84+64$4&(%)*+:4*"L+(84*+)*+ W('("6 L+'*>+(84*+
W('<(W()H L+()+'&(%@'(4+)<+>4'&(%@'(4+(84+6('<(Y6()H+696(4:B+D;+(84+6('<(Y6()H+696(4:+%6+>4'&(%@'(4>L
(84+ +W('<(W()H +;"*&(%)*+J49+8'6+'+#$"4+#'&J=<)"*>B
D;+(84+6('<(Y6()H+696(4:+8'6+67%(&84>+);;+(84+4*=%*4L+%(+7%$$+6('<(+'='%*+'6+6))*+'6+(84+696(4:+%6
>4'&(%@'(4>+7%(8+(84+ +W('<(W()H +;"*&(%)*+J49B
.$7'96+:'*"'$$9+>4'&(%@'(4+(84+6('<(,6()H+696(4:+784*+><%@%*=+(8<)"=8+7'(4<B

F.*%.]'.2=(>2C$("5./(:C*=.58$(E%+5'$(E2#.%2,(
F.*%.]'.2=(>2C$("5./(:C*=.58$(E%+5'$(E2#.%2,(H:EEI
H:EEI
.;(4<+'&(%@4+#<'J%*=+%*(4<@4*(%)*+#9+(84+.>'H(%@4+E<"%64+E)*(<)$+U.EEV+78%&8+#<%*=6+(84+@48%&$4+()
'+6()H+UM+.EEL+-46&<%H(%)*V +(84+4*=%*4+%6+67%(&84>+);;B
D*+(84+;)$$)7%*=+&'646L+784*+(84+.>'H(%@4+E<"%64+E)*(<)$+U.EEV+%6+'&(%@4L+(84+4*=%*4+<46('<(6T
— D;+(84+'&&4$4<'()<+%6+H<4664>B

— .>'H(%@4+E<"%64+E)*(<)$+U.EEV+8'6+('J4*+)@4<+(84+6H44>+'*>+>%6('*&4+<4="$'(%)*B
— D;+(84+@48%&$4+%*+;<)*(+:)@46+;"<(84<+'7'9B

384+4*=%*4+'$6)+<46('<(6+%;+(84+.>'H(%@4+E<"%64+E)*(<)$+U.EEV+%6+>4'&(%@'(4>+'*>+(84+@48%&$4+%*
;<)*(+=4(6+;"<(84<+'7'9B

C.2/D/0
/4@4<+("<*+(84+4*=%*4+);;+784*+(84+@48%&$4+%6+%*+:)(%)*B+38'(+&'*+<46"$(+%*+$)66+);+&)*(<)$+);+(84
@48%&$4L+'&&%>4*(6L+'*>+64<%)"6+%*A"<%46B
● 384+'%<#'=6+'*>+6';4(9+#4$(+H<4(4*6%)*4<6+7%$$+*)(+;"*&(%)*B
● [<'J%*=+6"HH)<(+7%$$+*)(+7)<JB+n)"+:"6(+'HH$9+:)<4+H<466"<4+)*+(84+#<'J4+H4>'$+()+6()HB
● !)74<+6(44<%*=+7%$$+*)(+7)<JB+n)"+:"6(+"64+:)<4+;)<&4+()+6(44<B
● D;+(84+%=*%(%)*+%6+67%(&84>+);;L+(84+6(44<%*=+&)$":*+$)&J+:'9+4*='=4+'*>+(84+@48%&$4+&'*+*)
$)*=4<+#4+6(44<4>B
● 384+6('<(Y6()H+696(4:+:"6(+#4+>4'&(%@'(4>+784*+7)<J%*=+%*+(84+4*=%*4+&):H'<(:4*(B

/G3DE1
D;+(84+6('<(Y6()H+696(4:+%6+"64>+;)<+'+@4<9+$)*=+H4<%)>+);+(%:4+'(+'+@4<9+8%=8+)"(6%>4+(4:H4<',
("<4L+(84+NQ,@)$(+@48%&$4+#'((4<9+:'9+#4&):4+>':'=4>B

D*+6):4+&'646+%(+:'9+#4+*4&466'<9+()+<46('<(+(84+4*=%*4+:'*"'$$9B+!'9+'((4*(%)*+()+(84
<4$4@'*(+:466'=4+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9B

.$7'96+:'*"'$$9+>4'&(%@'(4+(84+6('<(,6()H+696(4:+784*+><%@%*=+(8<)"=8+7'(4<B

K%2+4,$'/22.5#6

K/$($#65#$(C2$'(#2.('.*%.(*+.2>*.59*,,1
​X48%&$46+7%(8+4&),&)'6(%*=+;"*&(%)*T+D;+(84+4*=%*4+*)+$)*=4<+6('<(6+'"():'(%&'$$9L+(84+7'<*%*=
O",;8(2&$'(@1</:$2,/1+'C/61*-*&/7?19,/"*/12'(&"2&1C'6I*:'+
O",;8(2&$'(@1</:$2,/1+'C/61*-*&/7?19,/"*/12'(&"2&1C'6I*:'++:'9+'HH4'<+%*+(84+%*6(<",
:4*(+&$"6(4<+>%6H$'9B
— W('<(+(84+4*=%*4+:'*"'$$9+UM+W('<(%*=+(84+4*=%*4L+GH4<'(%)*V B
— a'*"'$$9+>4'&(%@'(4+(84+6('<(Y6()H+696(4:B
— E)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9
%::4>%'(4$9B

)*#+*,(.%*#'>5''52#

)*#+*,(.%*#'>5''52#X(;#6*65#6(*(6$*%
R%=B+
R%=B+NN+ 04'<+68%;(+H'((4<*+;)<+],6H44>+:'*"'$+(<'*6:%66%)*B

n)"<+@48%&$4+:'9+#4+4I"%HH4>+7%(8+'+\,6H44>+:'*"'$+(<'*6:%66%)*B

;#6*65#6(32%"*%C(6$*%
384+H)6%(%)*6+);+(84+%*>%@%>"'$+=4'<6+'<4+68)7*+)*+(84+=4'<68%;(+$4@4<+M+;%=B+N B
— R"$$9+>4H<466+(84+&$"(&8+H4>'$+'*>+8)$>B
— a)@4+(84+=4'<68%;(+$4@4<+%*()+(84+>46%<4>+H)6%(%)*+M+ B
— 24$4'64+(84+&$"(&8+H4>'$+()+4*='=4+(84+&$"(&8B
— D*+6):4+&)"*(<%46+(84+&$"(&8+H4>'$+:"6(+#4+;"$$9+>4H<4664>+()+6('<(+(84+4*=%*4B

;#6*65#6(%$8$%'$(6$*%
— G*$9+64$4&(+<4@4<64+=4'<+784*+(84+@48%&$4+%6+6('(%)*'<9B
— R"$$9+>4H<466+(84+&$"(&8+H4>'$+'*>+8)$>+M+ B
— a)@4+(84+=4'<68%;(+$4@4<+()+(84+*4"(<'$+H)6%(%)*+'*>+H"68+%(+>)7*B
— !"68+(84+=4'<68%;(+$4@4<+'$$+(84+7'9+()+(84+$4;(+'*>+(84*+;)<7'<>+%*()+(84+<4@4<64+=4'<+H)6%(%)*
M+;%=B+N+ 2 B
— 24$4'64+(84+&$"(&8+H4>'$+()+4*='=4+(84+&$"(&8B

A2"#'/53.5#6
n)"+68)"$>+'$7'96+>)7*68%;(+=4'<,#9,=4'<+784*+><%@%*=L+%B4B+%*()+(84+*45(+=4'<+>)7*L+'*>+'(+4*,
=%*4+6H44>6+(8'(+'<4+*)(+())+8%=8+M+ B+.(+8%=8+6H44>6+)<+4*=%*4+6H44>6L+6J%HH%*=+'+=4'<+)<+64@,
4<'$+=4'<6+784*+>)7*68%;(%*=+&'*+<46"$(+%*+>':'=4+()+(84+&$"(&8+)<+(<'*6:%66%)*L+4@4*+%;+(84
&$"(&8+%6+*)(+4*='=4>+784*+>)%*=+6)+M+ B

C.2/D/0
R'6(+'&&4$4<'(%)*+&'*+&'"64+(<'&(%)*+$)66+'*>+6$%>%*=L+46H4&%'$$9+)*+6$%HH4<9+<)'>6B+38%6+&)"$>
&'"64+$)66+%*+@48%&$4+&)*(<)$L+'&&%>4*(6L+'*>+64<%)"6+%*A"<%46B
● G*$9+"(%$%?4+;'6(+'&&4$4<'(%)*+784*+(84+@%6%#%$%(9L+74'(84<L+<)'>L+'*>+(<';;%&+&)*>%(%)*6+'$$)7
%(L+'*>+784*+)(84<+<)'>+"64<6+7%$$+*)(+#4+4*>'*=4<4>+#9+(8%6+'&&4$4<'(%)*+'*>+><%@%*=+6(9$4B
● .$7'96+'>'H(+9)"<+><%@%*=+6(9$4+()+(84+;$)7+);+(<';;%&B
● D;+(84+(<'&(%)*+&)*(<)$+696(4:+%6+67%(&84>+);;L+(84+><%@4+=4'<+:'9+6H%*L+46H4&%'$$9+)*+74(L+%&9
)<+>%<(9+<)'>6B+38%6+&'*+&'"64+(84+@48%&$4+()+#4&):4+)"(+);+&)*(<)$+)<+>%;;%&"$(+()+6(44<B

C.2/D/0
C84*+(84+4*=%*4+%6+<"**%*=L+(84+@48%&$4+%::4>%'(4$9+#4=%*6+()+:)@4+'6+6))*+'6+'+=4'<+%6+4*,
='=4>+'*>+(84+&$"(&8+H4>'$+8'6+#44*+<4$4'64>B+38%6+'HH$%46+4@4*+%;+(84+4$4&(<)*%&+H'<J%*=+#<'J4
%6+67%(&84>+)*B
● /4@4<+4*='=4+<4@4<64+=4'<+784*+(84+@48%&$4+%6+%*+:)(%)*B

C.2/D/0
D*&)<<4&($9+>)7*68%;(%*=+%*()+=4'<6+(8'(+'<4+())+$)7+&'*+<46"$(+%*+$)66+);+@48%&$4+&)*(<)$+'6+74$$
'6+'&&%>4*(6+'*>+64<%)"6+%*A"<%46B

/G3DE1
D;+(84+=4'<68%;(+$4@4<+%6+68%;(4>+()+'+=4'<+(8'(+%6+())+$)7+'(+8%=8+6H44>6+)<+8%=8+4*=%*4+6H44>6L+%(
&'*+<46"$(+%*+6%=*%;%&'*(+>':'=4+()+(84+&$"(&8+'*>+(<'*6:%66%)*B+38%6+'$6)+'HH$%46+784*+(84
&$"(&8+H4>'$+<4:'%*6+H<4664>+'*>+(84+&$"(&8+%6+*)(+4*='=4>B

/G3DE1
R)$$)7+(84+H)%*(6+#4$)7+()+'@)%>+>':'=4+'*>+H<4:'("<4+74'<T
● -)+*)(+<46(+9)"<+8'*>+)*+(84+=4'<68%;(+$4@4<+78%$4+><%@%*=B+384+H<466"<4+;<):+9)"<+8'*>+%6
(<'*6:%((4>+()+(84+64$4&()<+;)<J6+%*+(84+(<'*6:%66%)*B
● 1*6"<4+(8'(+(84+@48%&$4+%6+&):H$4(4$9+6('(%)*'<9+#4;)<4+4*='=%*=+<4@4<64+=4'<B
● .$7'96+;"$$9+>4H<466+(84+&$"(&8+H4>'$+784*+68%;(%*=+=4'<6B
● -)+*)(+8)$>+9)"<+@48%&$4+6('(%)*'<9+)*+%*&$%*46+#9+g6$%HH%*=h+(84+&$"(&8+78%$4+(84+4*=%*4+%6
<"**%*=B

1'<$9+"H68%;(%*=+84$H6+()+6'@4+;"4$+'*>+<4>"&46+)H4<'(%*=+*)%64B

K%2+4,$'/22.5#6

(E,+.9/(_',5='`
384+94$$)7+%*>%&'()<+$%=8(+("<*6+)*B
384+&$"(&8+>)46+*)(+(<'*6:%(+(84+;"$$+4*=%*4+()<I"4B
— 3'J4+;))(+;<):+&$"(&8+H4>'$+%;+<4I"%<4>B

(E,+.9/(28$%/$*.'
384+94$$)7+%*>%&'()<+$%=8(+("<*6+)*B
.*+'">%#$4+7'<*%*=+:'9+'$6)+6)"*>+UM+-46&<%H(%)*L+a'*"'$+(<'*6:%66%)*V B
384+&$"(&8+&'*+#4&):4+)@4<84'(4>L+;)<+45':H$4+>"4+()+;<4I"4*(+6('<(,"H6L+'$$)7%*=+(84+@48%&$4
()+g&<44Hh+;)<7'<>+;)<+$)*=+>%6('*&46L+)<+%*+6()H,'*>,=)+(<';;%&B
n)"+'<4+*)(%;%4>+);+)@4<84'(%*=+#9+'+7'<*%*=+$%=8(L+)<+H)66%#$9+64@4<'$+7'<*%*=+$%=8(6L+'6+74$$+'6+'
(45(+*)(%;%&'(%)*+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9B
— D(+%6+H)66%#$4+()+&)*(%*"4+><%@%*=B

(?*+,.1(9,+.9/
384+94$$)7+%*>%&'()<+$%=8(+("<*6+)*B
384+&$"(&8+%6+;'"$(9B
— -<%@4+)*+&'<4;"$$9B

— E)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+;)<+'6,
6%6('*&4B+G(84<7%64+(84+&$"(&8+:'9+#4&):4+64@4<4$9+>':'=4>B

:+.2>*.59(.%*#'>5''52#

AFQY(*+.2>*.$C(.%*#'>5''52#('1'.$>(3+#9.52#

A$'9%5=.52#
384+@48%&$4+%6+4I"%HH4>+7%(8+'+-W0f+'"():'(4>+(<'*6:%66%)*B
384+-W0f+'"():'(4>+(<'*6:%66%)*+%6+'+(<'*6:%66%)*+7%(8+>"'$,&$"(&8+(4&8*)$)=9+(8'(
(<'*6:%66%)*+7%(8+>"'$,&$"(&8+(4&8*)$)=9+(8'(
67%(&846+'"():'(%&'$$9
67%(&846+'"():'(%&'$$9B+.+>"'$+&$"(&8+'*>+(7)+:"("'$$9+%*>4H4*>4*(+=4'<+(<'%*+8'$@46+H4<:%(
@4<9+;'6(+68%;(%*=+7%(8)"(+$)66+);+(<'&(%)*+;)<&4B+384+-W0f+'"():'(4>+(<'*6:%66%)*+&):#%*46+(84
H4<;)<:'*&4+'*>+4&)*):%&+4;;%&%4*&9+);+'+:'*"'$+(<'*6:%66%)*+7%(8+(84+&):;)<(+'*>+&)*@4,
*%4*&4+);+'+&)*@4*(%)*'$+'"():'(%&+=4'<#)5B

F1'.$>(3+#9.52#
C84*+><%@%*=L+4*=%*4+;)<&4+%6+(<'*6:%((4>+(8<)"=8+(84+(<'*6:%66%)*+()+(84+><%@4+'5$46B+384+H)74<
(<'*6:%66%)*+#4(744*+(84+4*=%*4+'*>+(<'*6:%66%)*+:"6(+#4+%*(4<<"H(4>+()+&8'*=4+'+=4'<B+384
&$"(&8+%6+*44>4>+;)<+(8%6B
D*+(84+&'64+);+(84+-W0f+'"():'(4>+(<'*6:%66%)*+7%(8+%(6+(7)+=4'<+(<'%*+8'$@46L+(84+4*=%*4+;)<&4
%6+'$7'96+)*+'+=4'<+(<'%*+8'$;+784*+><%@%*=B+C84*+&8'*=%*=+'+=4'<L+(84+*45(+8%=846(+)<+*45(+$)7,
46(+=4'<+%6+'$<4'>9+4*='=4>+%*+(84+64&)*>+=4'<+(<'%*+8'$;+7%(8)"(+'+$)'>B+384*+(84+&$"(&8+);+(84
$)'>,;<44+=4'<+%6+&$)64>+'*>+(84+)(84<+=4'<+%6+)H4*4>+'(+(84+6':4+(%:4B+38%6+H4<:%(6+@4<9+;'6(
68%;(%*=B
38'*J6+()+%(6+>46%=*L+(84+-W0f+'"():'(4>+(<'*6:%66%)*+%6+:)<4+4;;%&%4*(+(8'*+'*+'"():'(%&+=4'<,
#)5B+C8%$4+(84+()<I"4+&)*@4<(4<+);+'*+'"():'(%&+=4'<#)5+%6+%*+"64+(84+4*(%<4+(%:4L+(84+-W0f+'",
():'(4>+(<'*6:%66%)*+&'*+)H4*+784*+%>$%*=+'*>+(84<4;)<4+6'@4+;"4$B+-"4+()+%(6+4;;%&%4*&9L+%(6+$)7
74%=8(+'*>+%*(4$$%=4*(+&)*(<)$L+(84+-W0f+'"():'(4>+(<'*6:%66%)*+*)<:'$$9+H4<:%(6+(84+6':4+)<
%:H<)@4>+;"4$+&)*6":H(%)*+%*+&):H'<%6)*+()+'+:'*"'$+(<'*6:%66%)*B
.6+%6+(84+&'64+;)<+(84+:'*"'$+(<'*6:%66%)*L+'$6)+(84+&$"(&8+%*+(84+-W0f+'"():'(4>+(<'*6:%66%)*
%6+6"#A4&(+()+74'<B+-4H4*>%*=+)*+(84+(9H4+);+-W0f+'"():'(4>+(<'*6:%66%)*L+<4="$'<+:'%*(4*'*&4
%6+<4I"%<4>L+;"<(84<+%*;)<:'(%)*+%6+'@'%$'#$4+'(+UM+W&)H4+);+64<@%&4L+G@4<@%47V B+D*+(84+&'64+);+'*
4<<)<+%*+(84+=4'<+(<'%*+8'$;L+(84+-W0f+'"():'(4>+(<'*6:%66%)*+'$6)+);;4<6+(84+)H(%)*+()+67%(&8+);;
'+=4'<+(<'%*+8'$;+'*>+&)*(%*"4+><%@%*=+7%(8+(84+)(84<+=4'<+(<'%*+8'$;+UM+."():'(%&+(<'*6:%66%)*
U&):#%*'(%)*VL+R.eV B+384+(<'*6:%66%)*+:"6(+(84*+#4+&84&J4>+%::4>%'(4$9+#9+'*
'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B

:+.2>*.59(.%*#'>5''52#X('$,$9.5#6(./$('$,$9.2%(,$8$%(=2'5M
.52#

R%=B+
R%=B+NN+ ."():'(%&+=4'<#)5+64$4&()<+$4@4<+'*>+H'<J%*=+$)&J+#"(()*B

C84*+(84+%=*%(%)*+%6+67%(&84>+)*L+(84+64$4&()<+$4@4<+H)6%(%)*+(8'(+%6+&"<<4*($9+64$4&(4>+%6+68)7*
)*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9+'*>+)*+(84+64$4&()<+$4@4<+%(64$;B
(a(O*%05#6(,290
384+><%@4+=4'<6+'<4+$)&J4>B+G*$9+64$4&(+(8%6+=4'<+784*+(84+@48%&$4+%6+6('(%)*'<9 B

3)+4*='=4+(84+H'<J%*=+$)&JL+H<466+(84+!!+#"(()*+M+;%=B+N + N B

D;+9)"+67%(&8+);;+(84+4*=%*4+784*+(84+64$4&()<+$4@4<+%6+%*+(84+-YW
-YW+)<+2
2+64$4&()<+$4@4<+H)6%(%)*L+(84
=4'<#)5+7%$$+'"():'(%&'$$9+4*='=4+(84+!!+H)6%(%)*L+78%&8+H<4@4*(6+(84+@48%&$4+;<):+<)$$%*=+'7'9B
D;+9)"+67%(&8+);;+(84+4*=%*4+784*+(84+64$4&()<+$4@4<+%6+%*+(84+*4"(<'$+H)6%(%)*L+/
/L+(84+=4'<#)5+7%$$
<4:'%*+%*+(84+/
/+H)6%(%)*+;)<+'HH<)5%:'(4$9+OP+:%*6L+';(4<+78%&8+%(+7%$$+4*='=4+(84+H'<J%*=+$)&JL
!B

(a(@$8$%'$(6$*%
24@4<64+=4'<+%6+64$4&(4>B+G*$9+64$4&(+(8%6+=4'<+784*+(84+@48%&$4+%6+6('(%)*'<9 B

(a(J$+.%*,
384+(<'*6:%66%)*+%6+%*+(84+*4"(<'$+64((%*=B+/)+H)74<+%6+(<'*6;4<<4>+()+(84+7844$6+'*>+(84+4*=%*4
#<'J%*=+4;;4&(+%6+*)(+'@'%$'#$4B

(a(A%58$
+=4'<T+*)<:'$+H<)=<':B
384+(<'*6:%66%)*+"H68%;(6+'*>+>)7*68%;(6+'"():'(%&'$$9+784*+%*+(84+;)<7'<>+><%@%*=+=4'<6B+384
68%;(%*=+(%:4+>4H4*>6+)*+(84+4*=%*4+$)'>L+(84+H4<6)*'$+><%@%*=+6(9$4L+'*>+(84+><%@%*=+6H44>B
+=4'<T+6H)<(+H<)=<':B
384+><%@%*=+=4'<6+'"():'(%&'$$9+"H68%;(+$'(4< +'*>+>)7*68%;(+4'<$%4< +(8'*+%*+-
-+=4'<+%*+)<>4<+()+;"$$9
"(%$%?4+(84+4*=%*4+H)74<+<464<@46B+384+68%;(%*=+(%:4+>4H4*>6+)*+(84+4*=%*4+$)'>L+(84+H4<6)*'$
><%@%*=+6(9$4L+'*>+(84+><%@%*=+6H44>B
3)+67%(&8+#4(744*+-
-+'*>+WW+=4'<6L+('H+(84+64$4&()<+$4@4<+()7'<>+(84+<4'<B
384+64$4&()<+$4@4<+7%$$+'$7'96+6H<%*=+#'&J+()+(84+&4*(4<+H)6%(%)*B

E/*#65#6(6$*%
3)+64$4&(+(84+*4'<46(+64$4&()<+$4@4<+H)6%(%)*L+:)@4+(84+64$4&()<+$4@4<+#'&J7'<>+)<+;)<7'<>+()+(84
;%<6(+H)%*(+);+<46%6('*&4B+384+64$4&()<+$4@4<+7%$$+(84*+<4("<*+()+%(6+6('<(%*=+H)6%(%)*B
3)+6J%H+'+64$4&()<+$4@4<+H)6%(%)*L+:)@4+(84+64$4&()<+$4@4<+#49)*>+(84+H)%*(+);+<46%6('*&4+'*>+%*()
(84+64$4&()<+$4@4<+H)6%(%)*+9)"+<4I"%<4B+384+64$4&()<+$4@4<+7%$$+(84*+<4("<*+()+%(6+6('<(%*=+H)6%(%)*B
38%6+'$$)76+9)"+()+:)@4+(84+64$4&()<+$4@4<+;<):+(84+- -+H)6%(%)*+>%<4&($9+()+(84+22+64$4&()<+$4@4<+H),
6%(%)*L+;)<+45':H$4L+6J%HH%*=+(84+//+H)6%(%)*B
C.2/D/0
1*='=%*=+(84+%*&)<<4&(+=4'<+&'*+&'"64+9)"+()+$)64+&)*(<)$+);+(84+@48%&$4L+78%&8+&)"$>+$4'>+()
'&&%>4*(6+'*>+64<%)"6+%*A"<%46B
● /4@4<+H<466+(84+'&&4$4<'()<+H4>'$+784*+4*='=%*=+'+=4'<B
● C84*+(84+4*=%*4+%6+<"**%*=+'*>+'+=4'<+%6+4*='=4>L+(84+@48%&$4+7%$$+6('<(+:)@%*=+)*&4+(84
#<'J4+H4>'$+%6+<4$4'64>B
● /4@4<+68%;(+()+2
2+<4@4<64+=4'<+)<+4*='=4+(84+!!+H'<J%*=+$)&J+78%$4+><%@%*=B

C.2/D/0
F*%*(4*(%)*'$+@48%&$4+:)@4:4*(6+&'*+&'"64+64<%)"6+%*A"<%46B
● .6+(84+><%@4<L+*4@4<+$4'@4+(84+><%@4<c6+64'(+784*+(84+4*=%*4+%6+<"**%*=+'*>+'+=4'<+%6+4*='=4>B
D;+9)"+8'@4+()+$4'@4+(84+@48%&$4+78%$4+(84+4*=%*4+%6+<"**%*=L+'$7'96+64(+(84+4$4&(<)*%&+H'<J,
%*=+#<'J4+'*>+:)@4+(84+64$4&()<+$4@4<+()+(84+!!+H)6%(%)*B
● C84*+(84+4*=%*4+%6+<"**%*=+'*>+(84+-YW -YW+)<+22+=4'<+%6+4*='=4>L+9)"+8'@4+()+8)$>+(84+@48%&$4
7%(8+(84+#<'J4+H4>'$B+1@4*+'(+%>$4+6H44>L+H)74<+%6+6(%$$+#4%*=+(<'*6:%((4>+'*>+(84+@48%&$4+7%$$
g&<44HhB
● /4@4<+68%;(+%*()+2
2+)<+!!+78%$4+(84+@48%&$4+%6+:)@%*=B
● /4@4<+$4'@4+(84+@48%&$4+%*+//B+384+@48%&$4+&'*+<)$$+>)7*8%$$+<4='<>$466+);+784(84<+(84+4*=%*4
%6+<"**%*=+)<+*)(B

/G3DE1
D;+9)"+'&&%>4*('$$9+68%;(+%*()+/+784*+><%@%*=+%*+1&)+:)>4+1L+('J4+9)"<+;))(+);;+(84+'&&4$4<'()<
H4>'$+'*>+7'%(+;)<+(84+4*=%*4+()+<4'&8+%>$4+6H44>+#4;)<4+68%;(%*=+#'&J+()+-+)<+WB

/G3DE1
D;+(84+4$4&(<)*%&+H'<J%*=+#<'J4+%6+*)(
*)(+67%(&84>+)*+784*+(84+@48%&$4+%6+6('(%)*'<9+'*>+(84+#<'J4
H4>'$+%6+<4$4'64>+784*+!!+%6+4*='=4>L+(84+@48%&$4+:'9+:)@4+;)<7'<>+)<+#'&J7'<>+'+;47+%*&846B

D;+/
/+%6+4*='=4>+#9+:%6('J4+78%$4+><%@%*=L+<4:)@4+9)"<+;))(+;<):+(84+'&&4$4<'()<+H4>'$B
C'%(+"*(%$+(84+4*=%*4+%6+'(+%>$4+6H44>+%*+*4"(<'$+#4;)<4+68%;(%*=+%*()+'+><%@4+=4'<B

F/53.5#6(+'5#6(.5=.%2#59
R%=B+
R%=B+NN+ W(44<%*=+7844$+7%(8+H'>>$4+;)<+(84+3%H(<)*%&B

384+(%H(<)*%&+:)>4+'$$)76+9)"+()+68%;(+=4'<6+:'*"'$$9+)*+'*+'"():'(%&+(<'*6:%66%)*B

C84*+68%;(%*=+%*+(84+(%H(<)*%&+H<)=<':L+(84+=4'<+&"<<4*($9+4*='=4>+%6+:'%*('%*4>B+38%6+'HH$%46
"*(%$+(84+696(4:+68%;(6+=4'<6+'"():'(%&'$$9+>"4+()+(84+&"<<4*(+><%@%*=+6%("'(%)*B
.6+6))*+'6+(84+=4'<#)5+8'6+67%(&84>+()+(84+3%H(<)*%&+H<)=<':L+(8%6+%6+%*>%&'(4>+%*+(84+%*6(<":4*(
&$"6(4<+>%6H$'9+7%(8+O
OB
D;+(84+4*=%*4+%6+67%(&84>+);;+78%$4+(84+=4'<#)5+%6+%*+3%H(<)*%&+:)>4L+(84+=4'<#)5+4*='=46+(84
4$4&(<)*%&+H'<J%*=+#<'J4+!!B+384+@48%&$4+%6+64&"<4>+;<):+<)$$%*=+'7'9B

!=$%*.5#6(K5=.%2#59(+'5#6(./$(=*CC,$
3%H(<)*%&+&'*+#4+)H4<'(4>+7%(8+(84+H'>>$4L+7%(8+(84+64$4&()<+$4@4<+%*+(84+H)6%(%)*6+-YW
-YWB
— !"$$+(84+<%=8(,8'*>+H'>>$4+()7'<>6+(84+6(44<%*=+7844$+()+"H68%;(+M+;%=B+N B
— !"$$+(84+$4;(,8'*>+H'>>$4+()7'<>6+(84+6(44<%*=+7844$+()+>)7*68%;(B
— !"$$+'*>+8)$>+(84+$4;(,8'*>+68%;(+H'>>$4+()7'<>6+(84+6(44<%*=+7844$+()+4*='=4+(84+$)746(+=4'<B
384+=4'<+64$4&()<+>%6H$'9+(84*+&8'*=46+()+--B
— 3)+45%(+(84+3%H(<)*%&+H<)=<':L+H"$$+(84+<%=8(,8'*>+68%;(+H'>>$4+()7'<>6+(84+6(44<%*=+7844$+;)<
'<)"*>+)*4+64&)*>+)<+H"68+(84+64$4&()<+$4@4<+#'&J+'*>+<4$4'64+%(+'='%*B

n)"+'"():'(%&'$$9+45%(+(84+3%H(<)*%&+H<)=<':+%;+(84+68%;(+H'>>$46+'<4+*)(+)H4<'(4>+;)<+6):4+(%:4B
/G3DE1
● C84*+'&&4$4<'(%*=L+(84+(<'*6:%66%)*+'"():'(%&'$$9+"H68%;(6+()+(84+*45(+=4'<+68)<($9+#4;)<4
(84+:'5%:":+H4<:%66%#$4+4*=%*4+2!a+%6+<4'&84>B
● C84*+>)7*68%;(%*=+:'*"'$$9L+(84+(<'*6:%66%)*+)*$9+68%;(6+%;+%(+%6+*)+$)*=4<+H)66%#$4+()+)@4<,
<4@+(84+4*=%*4B

A%585#6("5./(*#(*+.2>*.59(.%*#'>5''52#

384+(<'*6:%66%)*+68%;(6+"H+'*>+>)7*+'"():'(%&'$$9+784*+%*+(84+;)<7'<>+><%@%*=+=4'<6B

A%585#6(2#(*#(5#9,5#$
384+6(44H4<+(84+%*&$%*4L+(84+$)74<+(84+=4'<+(8'(+9)"+68)"$>+64$4&(B+b)74<+=4'<6+%*&<4'64+(84+4*,
=%*4+#<'J%*=+4;;4&(B+/4@4<+$4(+(84+@48%&$4+<)$$+>)7*+:)"*('%*6+)<+8%$$6+%*+(84+/
/+*4"(<'$+64((%*=B
— 24>"&4+9)"<+6H44>B
— W7%(&8+(84+(<'*6:%66%)*+()+3%H(<)*%&+:)>4+UM+(%H(<)*%&L+GH4<'(%)*V B
— +-)7*68%;(+"6%*=+(84+68%;(+H'>>$46+)*+(84+6(44<%*=+7844$+UM+(%H(<)*%&L+GH4<'(%)*V B

F.2==5#6(*#C('.*%.5#6(.2(C%58$(+=/5,,
384+6(44H4<+(84+8%$$L+(84+$)74<+(84+=4'<+(8'(+9)"+68)"$>+64$4&(B
."()+K)$>+68)"$>+#4+"64>+784*+6()HH%*=+)<+6('<(%*=+"H8%$$+784*+(84+4*=%*4+%6+<"**%*=+UM+."()
K)$>L+-46&<%H(%)*V B

\590MC2"#
384+J%&J,>)7*+;"*&(%)*+:'J46+:'5%:":+'&&4$4<'(%)*+H)66%#$4+%*+(84+-
-L+WW+64$4&()<+$4@4<+H)6%(%)*
)<+%*+3%H(<)*%&+:)>4B
C84*+9)"+H<466+(84+'&&4$4<'()<+H4>'$+'$$+(84+7'9+>)7*L+(84+'"():'(%&+(<'*6:%66%)*+>)7*68%;(6
%*()+'+$)74<+=4'<L+>4H4*>%*=+)*+(84+@48%&$4+6H44>+'*>+4*=%*4+2!aB+38%6+"(%$%?46+(84+;"$$+'&&4$4<',
(%)*+H)74<+);+(84+@48%&$4+M+ B
C%(8+J%&J,>)7*L+(84+'"():'(%&+"H68%;(+()+(84+*45(+=4'<+)*$9+)&&"<6+%;+(84+:'5%:":+H<4>4;%*4>
4*=%*4+2!a+%6+<4'&84>B
1&)+><%@%*=+:)>4+%6+64$4&(4>+UM+-<%@%*=+a)>4+W4$4&(%)*L+GH4<'(%)*V +'*>+(84+'&&4$4<',
C84*+(84+1&)
()<+H4>'$+8'6+#44*+>4H<4664>+#49)*>+(84+H<466"<4+H)%*(L+4*=%*4+H4<;)<:'*&4+%6+&)*(<)$$4>+()
H<)@%>4+(84+@48%&$4+7%(8+:'5%:":+'&&4$4<'(%)*B

U*+#9/(E2#.%2,(O%26%*>
384+b'"*&8+E)*(<)$+!<)=<':+H<)@%>4+:'5%:":+'&&4$4<'(%)*+;<):+'+6('*>6(%$$B
— W7%(&8+);;+(84+.W2+UM+[<'J%*=+'66%6('*&4+696(4:6L+GH4<'(%)*V B
— F64+9)"<+$4;(+;))(+()+H<466+>)7*+)*+(84+#<'J4+H4>'$+'*>+8)$>+%(B
— a)@4+(84+64$4&()<+$4@4<+()+=4'<+WW+)<+()+3%H(<)*%&+:)>4B
— F64+9)"<+<%=8(+;))(+()+H<466+>)7*+)*+(84+'&&4$4<'()<+H4>'$+"*(%$+'*+4*=%*4+6H44>+);+'HH<)5B
OQPP+<H:+%6+<4'&84>B
— 3'J4+9)"<+$4;(+;))(+);;+(84+#<'J4+M+ B+384+@48%&$4+6('<(6+7%(8+:'5%:":+'&&4$4<'(%)*B
— W7%(&8+.W2+#'&J+)*+';(4<+'&&4$4<'(%)*i

C.2/D/0
R'6(+'&&4$4<'(%)*+&'*+&'"64+(<'&(%)*+$)66+'*>+6$%>%*=L+46H4&%'$$9+)*+6$%HH4<9+<)'>6B+38%6+&)"$>
&'"64+$)66+%*+@48%&$4+&)*(<)$L+'&&%>4*(6L+'*>+64<%)"6+%*A"<%46B
● .$7'96+'>'H(+9)"<+><%@%*=+6(9$4+()+(84+;$)7+);+(<';;%&B
● G*$9+"(%$%?4+J%&J,>)7*+)<+;'6(+'&&4$4<'(%)*+784*+(84+@%6%#%$%(9L+74'(84<L+<)'>L+'*>+(<';;%&+&)*,
>%(%)*6+'$$)7+%(L+'*>+784*+)(84<+<)'>+"64<6+7%$$+*)(+#4+4*>'*=4<4>+#9+(8%6+'&&4$4<'(%)*+'*>
><%@%*=+6(9$4B
● !$4'64+*)(4+(8'(+(84+><%@4+7844$6+&'*+&)*(%*"4+()+6H%*+'*>+(84+@48%&$4+&'*+6$%>4+%;+.W2+%6
67%(&84>+);;L+46H4&%'$$9+%;+(84+<)'>+%6+6$%HH4<9B
● 24'&(%@'(4+.W2+';(4<+(84+'&&4$4<'(%)*B
● G*$9+"64+(84+b'"*&8+E)*(<)$+!<)=<':+784*+<)'>+'*>+(<';;%&+&)*>%(%)*6+H4<:%(+%(B

C.2/D/0
/4@4<+$4(+(84+#<'J46+g<"#h+())+);(4*+'*>+())+$)*=+)<+H<466+(84+#<'J4+H4>'$+())+);(4*+'*>+())
$)*=B+!<)$)*=4>+#<'J%*=+&'"646+(84+#<'J46+()+)@4<84'(B+38%6+&'*+&)*6%>4<'#$9+<4>"&4+#<'J%*=
H4<;)<:'*&4L+%*&<4'64+#<'J%*=+>%6('*&4+'*>+H)66%#$9+$4'>+()+'+()('$+#<'J4+696(4:+:'$;"*&(%)*B

/G3DE1
/4@4<+$4(+(84+#<'J46+g<"#h+#9+H<466%*=+(84+H4>'$+$%=8($9+784*+#<'J%*=+%6+*)(+<4'$$9+*4&466'<9B
38%6+%*&<4'646+74'<B

K%2+4,$'/22.5#6

(K/$($#65#$(5'(#2.('.*%.5#6
384+=<44*+%*>%&'()<+$%=8(+("<*6+)*B
384+#<'J4+H4>'$+7'6+*)(+H<4664>L+;)<+45':H$4+784*+(<9%*=+()+68%;(+()+'*)(84<+=4'<+"6%*=+(84+64,
$4&()<+$4@4<B
— !<466+(84+#<'J4+H4>'$+()+64$4&(+'+=4'<B
— W44+'$6)+4$4&(<)*%&+H'<J%*=+#<'J4+UM+1$4&(<)*%&+H'<J%*=+#<'J4L+GH4<'(%)*V B

(K%*#'>5''52#(28$%/$*.5#6
384+94$$)7+%*>%&'()<+$%=8(+("<*6+)*B
.*+'">%#$4+7'<*%*=+:'9+'$6)+6)"*>B+.+:466'=4+:'9+'$6)+'HH4'<+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9B
384+-W0f+'"():'(4>+(<'*6:%66%)*+&'*+#4&):4+84'(4>L+;)<+45':H$4+()+;<4I"4*(+6('<(,"H6L+'$$)7,
%*=+(84+@48%&$4+()+g&<44Hh+;)<7'<>+;)<+$)*=+>%6('*&46L+)<+%*+6()H,'*>,=)+(<';;%&B
— +-)+*)(+&)*(%*"4+><%@%*=i
-)+*)(+&)*(%*"4+><%@%*=i
— b4(+(84+(<'*6:%66%)*+&))$+>)7*+7%(8+!!+4*='=4>+M+ B
— D;+(84+%*>%&'()<+$%=8(+>)46+*)(+("<*+);;L+>)+*)(+&)*(%*"4+><%@%*=B
— E)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+;)<+'6,
6%6('*&4B+G(84<7%64L+(84+(<'*6:%66%)*+&)"$>+#4&):4+64@4<4$9+>':'=4>B

F$,$9.2%(,$8$%(,290($>$%6$#91(%$,$*'$
D;+(84<4+%6+'+$)66+);+H)74<L+;)<+45':H$4L+(84+NQ+X+@48%&$4+#'((4<9+%6+><'%*4>+'*>+(84+@48%&$4+68)"$>
#4+()74>L+(84*+(84+64$4&()<+$4@4<+$)&J+:"6(+#4+<4$4'64>+:'*"'$$9B+E)*('&(+'*+'"(8)<%?4>+X)$J,
67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+;)<+'66%6('*&4B

;>$%6$#91(=%26%*>
D;+'$$+);+(84+64$4&()<+$4@4<+H)6%(%)*+>%6H$'96+8'@4+'+=<'9+#'&J=<)"*>+)*+(84+%*6(<":4*(+&$"6(4<+>%6,
H$'9L+(8%6+:4'*6+(84<4+%6+'+696(4:+:'$;"*&(%)*B+384+-W0f+'"():'(4>+(<'*6:%66%)*+<"*6+%*+4:4<,
=4*&9+:)>4B+384+@48%&$4+&'*+6(%$$+#4+><%@4*+%*+4:4<=4*&9+:)>4L+#"(+)*$9+'(+'+<4>"&4>+6H44>+'*>
*)(+%*+'$$+=4'<6B
C%(8+(84+-W0f+'"():'(4>+(<'*6:%66%)*L+%(+:'9+*)+$)*=4<+#4+H)66%#$4+()+><%@4+%*+<4@4<64
*)+$)*=4<+#4+H)66%#$4+()+><%@4+%*+<4@4<64
=4'<
=4'<+%*+6):4+&'646B
D*+'$$+&'646L+8'@4+(84+-W0f+'"():'(4>+(<'*6:%66%)*+&84&J4>+%::4>%'(4$9+#9+'*
'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B

7$/59,$(5'(#2.(>285#6($8$#("/$#(*(C%58$(6$*%(5'($#6*6$C
D;+(84+@48%&$4+>)46+*)(+:)@4+%*+(84+>46%<4>+>%<4&(%)*L+(84+696(4:+:'9+*)(+8'@4+4*='=4>+(84+><%@4
H)6%(%)*+&)<<4&($9B
— !<466+(84+#<'J4+H4>'$+'*>+64$4&(+(84+><%@4+H)6%(%)*+'='%*B
— D;+(84+@48%&$4+6(%$$+>)46+*)(+:)@4+%*+(84+>46%<4>+>%<4&(%)*L+(84<4+%6+'+696(4:+:'$;"*&(%)*B+W44+'*
'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+;)<+'66%6('*&4+()+8'@4
(84+696(4:+&84&J4>B

C.2/D/0
/4@4<+<4$4'64+(84+H'<J%*=+$)&J+)*&4+(84+4$4&(<)*%&+H'<J%*=+#<'J4+%6+67%(&84>+);;B+G(84<7%64L+(84
@48%&$4+:'9+6('<(+()+:)@4+"*45H4&(4>$9+)*+%*&$%*46+)<+8%$$6L+78%&8+&)"$>+(84*+$4'>+()+'&&%>4*(6
'*>+64<%)"6+%*A"<%46B

/G3DE1
D;+(84+@48%&$4+<)$$6+;)<+'+$)*=+H4<%)>+);+(%:4+7%(8+(84+4*=%*4+);;+'*>+(84+64$4&()<+$4@4<+%*+(84+/
/
H)6%(%)*L+(84+-W0f+'"():'(4>+(<'*6:%66%)*+7%$$+#4+>':'=4>L+4B=B+%*+(84+&'64+);+()7%*=B
/G3DE1
● 384+;%<6(+(%:4+(84+@48%&$4+%*>%&'(46+(8'(+(84+(<'*6:%66%)*+%6+)@4<84'(%*=L+(84+@48%&$4+:"6(
4%(84<+#4+6()HH4>+6';4$9+)<+><%@4*+;'6(4<+(8'*+NQ+:H8+UQP+J:Y8VB
● D;+(84+:466'=4+'*>+'">%#$4+7'<*%*=+'<4+<4H4'(%*=+'HH<)5%:'(4$9+4@4<9+NP+64&)*>6L+(84+@48%,
&$4+:"6(+#4+6()HH4>+6';4$9+'*>+(84+4*=%*4+67%(&84>+);;+'6+6))*+'6+H)66%#$4B+b4(+(84+(<'*6,
:%66%)*+&))$+>)7*B
● 3)+<4>"&4+(84+<%6J+);+>':'=%*=+(84+(<'*6:%66%)*L+)*$9+&)*(%*"4+><%@%*=+784*+(84+'">%#$4
7'<*%*=+6()H6B+.6+$)*=+'6+(84+(<'*6:%66%)*+%6+)@4<84'(4>L+'@)%>+6('<(%*=+(84+@48%&$4+'*>+><%,
@%*=+6$)7$9L+$%J4+'(+7'$J%*=+6H44>6B

A%585#6(2#(5#9,5#$'

A2"#/5,,('=$$C(92#.%2,

-)7*8%$$+6H44>+&)*(<)$+84$H6+784*+#<'J%*=+784*+(<'@4$%*=+>)7*8%$$+)*+@48%&$46+7%(8+-W0f+'"(),
:'(4>+(<'*6:%66%)*+M+ B+-)7*8%$$+6H44>+&)*(<)$+>)46+(8%6+#9+"6%*=+(84+#<'J%*=+H)74<+);+(84
4*=%*4B
384+-W0f+'"():'(4>+(<'*6:%66%)*+64$4&(6+(84+)H(%:":+=4'<+%(64$;L+>4H4*>%*=+)*+(84+H<464*(
=<'>%4*(+'*>+&"<<4*(+6H44>B+384+64$4&()<+$4@4<+:"6(+#4+%*+(84+-YW
-YW+64$4&()<+$4@4<+H)6%(%)*B+-)7*,
8%$$+6H44>+&)*(<)$+%6+*)(
*)(+'&(%@4+%*+3%H(<)*%&+:)>4B
.6+(84+>)7*8%$$+6H44>+&)*(<)$+&'*+)*$9+>)7*68%;(+'6+;'<+'6+(8%<>+=4'<L+9)"+:'9+*44>+()+67%(&8+()
3%H(<)*%&+:)>4+)*+@4<9+6(44H+>)7*8%$$+6(<4(&846B+D*+3%H(<)*%&+:)>4L+:'*"'$$9+68%;(+%*()+64&)*>+)<
;%<6(+=4'<+()+"64+(84+4*=%*4d6+#<'J%*=+H)74<+'*>+<4>"&4+(84+$)'>+)*+(84+#<'J46B
C8%$4+>)7*8%$$+6H44>+&)*(<)$+%6+'&(%@4L+(84+6('<(,6()H+696(4:+%6+'"():'(%&'$$9+>4'&(%@'(4>B

A2"#/5,,('=$$C(92#.%2,(*9.58*.$'(*+.2>*.59*,,1X
— D;+(84+=<'>%4*(+%6+=<4'(4<+(8'*+'HH<)5%:'(4$9+]uB
— ./-T
./-T+D;+(84+64$4&()<+$4@4<+%6+%*+(84+-YW
-YW+64$4&()<+$4@4<+H)6%(%)*B
— .$6)L+;)<+67%(&84>,);;+&<"%64+&)*(<)$+696(4:+)<+.>'H(%@4+E<"%64+E)*(<)$+
.$6)L+;)<+67%(&84>,);;+&<"%64+&)*(<)$+696(4:+)<+.>'H(%@4+E<"%64+E)*(<)$+U.EEVU.EEVTT+D;+(84
6H44>+%6+6$)74<+(8'*+'HH<)5%:'(4$9+_P+J:Y8+U\P+:H8V+)<
)<+(84+#<'J4+%6+H<4664>B
— .$6)L+;)<+'&(%@4+&<"%64+&)*(<)$+696(4:+)<+.>'H(%@4+E<"%64+E)*(<)$+
.$6)L+;)<+'&(%@4+&<"%64+&)*(<)$+696(4:+)<+.>'H(%@4+E<"%64+E)*(<)$+U.EEV
U.EEVTT+D;+(84+6()<4>
6H44>+%6+45&44>4>B

A2"#/5,,('=$$C(92#.%2,(C$*9.58*.$'(*+.2>*.59*,,1X
— C84*+(84+=<'>%4*(+>4&<4'646B
— G2T
G2T+D;+(84+(<'*6:%66%)*+"H68%;(6+#4&'"64+(84+4*=%*4+6H44>+%6+=<4'(4<+(8'*+'HH<)5%:'(4$9+Z\PP
<H:B

— .$6)L+;)<+'&(%@4+&<"%64+&)*(<)$+696(4:+)<+.>'H(%@4+E<"%64+E)*(<)$+
.$6)L+;)<+'&(%@4+&<"%64+&)*(<)$+696(4:+)<+.>'H(%@4+E<"%64+E)*(<)$+U.EEV
U.EEVTT+D;+(84+6()<4>
6H44>+&'*+#4+:'%*('%*4>B
C.2/D/0
384+%*(4$$%=4*(+(4&8*)$)=9+);+>)7*8%$$+6H44>+&)*(<)$+&'**)(+)@4<&):4+(84+*'("<'$+$'76+);
H896%&6+'*>+%(+&'*+)*$9+)H4<'(4+7%(8%*+(84+$%:%(6+);+(84+696(4:B+-)+*)(+'$$)7+(84+%*&<4'64>+&)*,
@4*%4*&4+H<)@%>4>+#9+(84+><%@4<+'66%6('*&4+696(4:6+()+(4:H(+9)"+%*()+('J%*=+<%6J6B
● F*%*(4*(%)*'$+@48%&$4+:)@4:4*(6+&'*+&'"64+64<%)"6+%*A"<%46B
● -)7*8%$$+6H44>+&)*(<)$+%6+*)(+'+<4H$'&4:4*(+;)<+(84+><%@4<d6+'((4*(%)*B
● .$7'96+'>'H(+9)"<+6H44>+'*>+><%@%*=+6(9$4+()+(84+&"<<4*(+@%6"'$L+74'(84<L+<)'>L+'*>+(<';;%&
&)*>%(%)*6B
● -)7*8%$$+6H44>+&)*(<)$+&'**)(+8)$>+(84+@48%&$4+)*+(84+%*&$%*4+)<+#<'J4+6";;%&%4*($9+=)%*=
>)7*8%$$+%*+4@4<9+6%("'(%)*L+;)<+45':H$4+%;+(84+=<)"*>+%6+6$%HH4<9+)<+%&9B

C.2/D/0
.$7'96+#4+<4'>9+()+#<'J4B+D;+(8%6+%6+*)(+(84+&'64L+'&&%>4*(6+'*>+%*A"<%46+:'9+<46"$(B
● -)7*8%$$+6H44>+&)*(<)$+%6+:4<4$9+'+())$+'*>+&'**)(+6";;%&%4*($9+#<'J4+(84+@48%&$4+=)%*=
>)7*8%$$+"*>4<+4@4<9+&%<&":6('*&4B
● 384+@48%&$4+&'*+=)+;'6(4<+>46H%(4+(84+>)7*8%$$+6H44>+&)*(<)$B

F.$$%5#6

F.$$%5#6(5#32%>*.52#

3)+:'J4+%(+:)<4+>%;;%&"$(+()+6(4'$+(84+@48%&$4L+(84+6(44<%*=+:"6(+'$7'96+#4+$)&J4>+#4;)<4+$4'@%*=
(84+@48%&$4B

F.$$%5#6
!)74<+6(44<%*=+)*+'*+4$4&(<):4&8'*%&'$+6(44<%*=+696(4:+'>A"6(6+'"():'(%&'$$9+#'64>+)*+(84+><%,
@%*=+6H44>L+(84+6(44<%*=+()<I"4L+'*>+(84+6(44<%*=+'*=$4+);+(84+7844$6B+1$4&(<):4&8'*%&'$+H)74<
6(44<%*=+7)<J6+)*$9+784*+(84+4*=%*4+%6+<"**%*=B+384+6(44<%*=+'$6)+7)<J6+%;+(84+6('<(,6()H+696(4:
4*='=46+'*>+(84+4*=%*4+67%(&846+);;B
D;+(84+H)74<+6(44<%*=+696(4:+%6+%:H'%<4>+)<+:'$;"*&(%)*%*=L+'+6%=*%;%&'*($9+=<4'(4<+':)"*(+);
;)<&4+(8'*+*)<:'$+:"6(+#4+"64>+()+6(44<B
​X48%&$46+7%(8+4&),&)'6(%*=+;"*&(%)*T+384+H)74<+6(44<%*=+'$6)+7)<J6+784*+(84+4*=%*4+%6+67%(&84>
);;+78%$4+><%@%*=+M+ B
G*+@48%&$46+7%(8+-<%@%*=+a)>4+W4$4&(%)*L+H)74<+6(44<%*=+8'*>$%*=+&'*+#4+%*;$"4*&4>+#9+(84+64,
$4&(4>+><%@%*=+:)>4B

;,$9.%2#59('.$$%5#6(92,+>#(,290(2#(8$/59,$'("5./(*('.*%.$%(4+..2#
G*+@48%&$46+7%(8+'+6('<(4<+#"(()*L+(84+6(44<%*=+&)$":*+%6+4$4&(<)*%&'$$9+$)&J4>T
— W()H+(84+@48%&$4+'*>L+784<4+'HH$%&'#$4L+:)@4+(84+64$4&()<+$4@4<+%*()+(84+!!+H)6%(%)*B

— W7%(&8+(84+%=*%(%)*+);;+'*>+(84*+)H4*+(84+><%@4<d6+>))<B+384+6(44<%*=+&)$":*+7%$$+#4+$)&J4>B
D;+(84+6(44<%*=+&)$":*+>)46+*)(
*)(+$)&JL+;%<6(+)H4*+(84+><%@4<d6+>))<+'*>+(84*+67%(&8+(84+%=*%(%)*+);;B
.6+$)*=+'6+(84+@48%&$4+%6+"*$)&J4>L+(84+6(44<%*=+&)$":*+'$6)+6('96+"*$)&J4>B

)$9/*#59*,('.$$%5#6(92,+>#(,290(
)$9/*#59*,('.$$%5#6(92,+>#(,290(H'.$$%5#6(,290I
H'.$$%5#6(,290I
G*+@48%&$46+7%(8+'*+%=*%(%)*+67%(&8L+(84+6(44<%*=+&)$":*+%6+:4&8'*%&'$$9+$)&J4>T
— W()H+(84+@48%&$4+'*>L+784<4+'HH$%&'#$4L+:)@4+(84+64$4&()<+$4@4<+%*()+(84+!!+H)6%(%)*B
— 24:)@4+(84+@48%&$4+J49B
— 3"<*+(84+6(44<%*=+7844$+6$%=8($9+"*(%$+9)"+84'<+(84+6(44<%*=+$)&J+4*='=4B

3)+"*$)&J+(84+6(44<%*=+&)$":*T
— 3)+<4$4'64+(84+6(44<%*=+$)&JL+("<*+(84+6(44<%*=+7844$+6$%=8($9B

— D*64<(+(84+@48%&$4+J49+%*()+(84+%=*%(%)*+67%(&8B
— S44H+(84+6(44<%*=+7844$+%*+H)6%(%)*+'*>+67%(&8+)*+(84+%=*%(%)*B

O%26%$''58$('.$$%5#6
-4H4*>%*=+)*+(84+@48%&$4d6+4I"%H:4*(L+(84+H<)=<466%@4+6(44<%*=+&'*+'>'H(+(84+;)<&4+);+(84+6(44<,
%*=+:)@4:4*(+()+(84+><%@%*=+6%("'(%)*B+!<)=<466%@4+6(44<%*=+)*$9+7)<J6+784*+(84+4*=%*4+%6
<"**%*=B
D*+&%(9+(<';;%& L+$466+6(44<%*=+:)@4:4*(+%6+*44>4>+;)<+H'<J%*=L+:'*4"@4<%*=+)<+;)<+('J%*=+68'<H
#4*>6B
G*+8%=87'96 +)<+)*+45H<4667'96 L+H<)=<466%@4+6(44<%*=+=%@46+'+6H)<(%4<L+>%<4&(+6(44<%*=+45H4<%4*&4
'*>+*)(%&4'#$4+>9*':%&6L+784*+><%@%*=+'$)*=+&"<@4>+6(<4(&846L+;)<+%*6('*&4B

C.2/D/0
D;+H)74<+6(44<%*=+%6+*)(+7)<J%*=L+(84+6(44<%*=+7844$+%6+@4<9+>%;;%&"$(+()+("<*+'*>+6)+6(44<%*=+(84
@48%&$4+&'*+#4+:)<4+>%;;%&"$(B
● -4H4*>%*=+)*+(84+4I"%H:4*(L+H)74<+6(44<%*=+:'9+)*$9+7)<J+784*+(84+4*=%*4+%6+<"**%*=B
● /4@4<+$4(+(84+@48%&$4+<)$$+784*+(84+4*=%*4+%6+6()HH4>B
● /4@4<+<4:)@4+(84+@48%&$4+J49+;<):+(84+%=*%(%)*+$)&J+784*+(84+@48%&$4+%6+%*+:)(%)*B+384
6(44<%*=+&)$":*+$)&J+&)"$>+4*='=4+'*>+9)"+7)"$>+*)(+#4+'#$4+()+6(44<+(84+@48%&$4B

/G3DE1
C84*+(84+@48%&$4+%6+#4%*=+()74>L+(84+%=*%(%)*+:"6(+#4+67%(&84>+)*+6)+(84+6(44<%*=+7844$+%6+*)(
#$)&J4>L+'*>+6)+(8'(+(84+("<*+6%=*'$6L+8)<*L+7%*>68%4$>+7%H4<6L+'*>+(84+7%*>68%4$>+7'684<+696,
(4:+&'*+#4+'&(%@'(4>B

K%2+4,$'/22.5#6

(F.$$%5#6(>*,3+#9.52#
384+<4>+7'<*%*=+$%=8(+("<*6+)*+)<+;$'6846B
384<4+%6+'*+4$4&(<):4&8'*%&'$+6(44<%*=+)<+4$4&(<)*%&+6(44<%*=+&)$":*+$)&J+:'$;"*&(%)*B
— +-)+*)(+&)*(%*"4+><%@%*=i
-)+*)(+&)*(%*"4+><%@%*=i+E)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J,
67'=4*+W4<@%&4+R'&%$%(9+;)<+'66%6('*&4B
— D;+(84+<4>+7'<*%*=+$%=8(+("<*6+)*
("<*6+)*L+%(+:'9+#4+>%;;%&"$(+()+:)@4+(84+6(44<%*=+7844$+#4&'"64+(84
4$4&(<):4&8'*%&'$+6(44<%*=+696(4:+%6+:'$;"*&(%)*%*=B
— D;+(84+<4>+7'<*%*=+$%=8(+;$'6846
;$'6846L+(84+6(44<%*=+&)$":*+&'**)(+"*$)&JB

(F.$$%5#6(>*,3+#9.52#
384+94$$)7+%*>%&'()<+$%=8(+("<*6+)*+)<+;$'6846B
384+6(44<%*=+%6+6(%;;4<+)<+:)<4+64*6%(%@4+(8'*+"6"'$B
384+%*>%&'()<+$%=8(+&):46+)*+'*>+<4:'%*6+)*T
&):46+)*+'*>+<4:'%*6+)*T
— 246('<(+(84+4*=%*4+'*>+><%@4+(84+@48%&$4+6$)7$9+;)<+'+68)<(+>%6('*&4B
— D;+(84+%*>%&'()<+$%=8(+6('96+)*L+&)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67',
=4*+W4<@%&4+R'&%$%(9B

384+%*>%&'()<+$%=8(+;$'6846T
;$'6846T
— 3"<*+(84+6(44<%*=+7844$+#'&J+'*>+;)<(8+6$%=8($9B
— W7%(&8+(84+%=*%(%)*+);;+'*>+#'&J+)*B
— !'9+'((4*(%)*+()+(84+:466'=46+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9B
— D;+(84+%*>%&'()<+$%=8(+&)*(%*"46+()+;$'68+';(4<+67%(&8%*=+(84+%=*%(%)*+#'&J+)*L+>)+*)(+&)*(%*"4
><%@%*=B+E)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+;)<
'66%6('*&4B

A%585#6()2C$(F$,$9.52#

G#.%2C+9.52#

X%'+(84+><%@%*=+:)>46L+(84+><%@4<+&'*+'>'H(+@'<%)"6+H<)H4<(%46+);+@48%&$4+696(4:6+()+(84+&"<<4*(
><%@%*=+6%("'(%)*L+(84+>46%<4>+><%@%*=+&):;)<(L+'*>+;)<+'*+4&)*):%&+><%@%*=+6(9$4B+384+6"6H4*,
6%)*L+6(44<%*=L+><%@4L+'*>+(84+'%<+&)*>%(%)*4<+'<4+6):4+);+(84+@48%&$4+696(4:6+(8'(+&'*+#4
'>A"6(4>B

-%;;4<4*(+><%@%*=+:)>46+'<4+'@'%$'#$4+>4H4*>%*=+)*+(84+@48%&$4+4I"%H:4*(B+384+%*;$"4*&4+);+@48%,
&$4+696(4:6+)*+(84+%*>%@%>"'$+><%@%*=+:)>46+>4H4*>6+)*+(84+@48%&$4+4I"%H:4*(B

7$/59,$'("5./(*C*=.58$(9/*''5'(92#.%2,(
7$/59,$'("5./(*C*=.58$(9/*''5'(92#.%2,(HAEEI
HAEEI
-"<%*=+(84+><%@4L+(84+'>'H(%@4+&8'66%6+&)*(<)$+U-EEV+'>'H(6+(84+6"6H4*6%)*+>':H%*=+()+(84+&"<,
<4*(+=<)"*>+'*>+><%@%*=+6%("'(%)*B+384+'>'H(%@4+&8'66%6+&)*(<)$+U-EEV+'$6)+%*&)<H)<'(46+(84+6"6,
H4*6%)*+("*%*=+);+(84+><%@%*=+:)>4+%*+"64B
A%585#6(>2C$(*#C(*>45$#.(,56/.5#6
-4H4*>%*=+)*+(84+@48%&$4+4I"%H:4*(L+(84+&)$)<+);+(84+':#%4*(+$%=8(%*=+&'*+&8'*=4+7%(8+(84+><%,
@%*=+:)>4+64$4&(4>+UM+GH4<'(%)*L+D*(4<%)<+$%=8(%*=V B

F$,$9.5#6(./$(C%585#6(>2C$

n)"+&'*+64$4&(+(84+><%@%*=+:)>4+7%(8+(84+%=*%(%)*+67%(&84>+)*+'*>+(84+@48%&$4+6('(%)*'<9+)<+78%$4
><%@%*=+M+ B
D;+9)"+64$4&(+'+><%@%*=+:)>4+78%$4+><%@%*=L+(84+@48%&$4+696(4:6L+45&4H(+;)<+)6$#/
)6$#/L+7%$$+#4+67%(&84>
)@4<+()+(84+*47+><%@%*=+:)>4+%::4>%'(4$9B
— C84*+(84+(<';;%&+6%("'(%)*+'$$)76+%(L+#<%4;$9+('J4+9)"<+;))(+);;+(84+'&&4$4<'()<+H4>'$+()+4*'#$4
(84+*47$9+64$4&(4>+><%@%*=+:)>4+()+#4+'HH$%4>+()+(84+)6$#/
)6$#/+@48%&$4+696(4:+'6+74$$B

F$,$9.5#6(./$(C%585#6(>2C$(85*(./$(92#.%2,(5#(./$(+==$%(9$#.$%
92#'2,$

NB+ 3'H+ B
QB+ 3)+64$4&(+><%@%*=+:)>46L+('H+ +'='%*+)<+('H+(84+>46%<4>+><%@%*=+:)>4+%*+(84+D*;)('%*:4*(
696(4:B

A5'=,*15#6(5#32%>*.52#(*42+.(./$(C%585#6(>2C$
— +3)+>%6H$'9+'>>%(%)*'$+%*;)<:'(%)*+'#)"(+(84+64$4&(4>+><%@%*=+:)>4L+('H+ +%*+(84+D*;)('%*:4*(
696(4:B

F$,$9.5#6(./$(E+'.2>(C%585#6(>2C$
— 3'H+ +"*(%$+(84+M(3$#$38",
M(3$#$38",+><%@%*=+:)>4+%6+64$4&(4>B
— 3'H+ BBB +()+)H4*+(84+M(3$#$38",
M(3$#$38",+:4*"B

C.2/D/0
W4$4&(%*=+(84+><%@%*=+:)>4+78%$4+><%@%*=+&'*+>%6(<'&(+9)"+;<):+(<';;%&+'*>+%*&<4'64+(84+<%6J+);
'&&%>4*(6B
● .$7'96+><%@4+'((4*(%@4$9+'*>+<46H)*6%#$9B

A%585#6(>2C$(=%2=$%.5$'

02'
02'T+384+@48%&$4+67%(&846+()+;"4$,4;;%&%4*(+)H4<'(%)*+'*>+6"HH)<(6+(84+><%@4<+7%(8+'*+4*4<,
=9,6'@%*=+><%@%*=+6(9$4B
.'7;'6&
.'7;'6&T+(8%6+><%@%*=+:)>4+68)76+(84+#'6%&+64((%*=+;)<+(84+@48%&$4+696(4:L+H<)@%>46+'
&):;)<(,)<%4*(4>+@48%&$4+64("H+'*>+%6+6"%(4>+;)<+>'%$9+"64+)<+;)<+H))<+<)'>+&)*>%(%)*6+)<
$)*=+(<%H6+)*+8%=87'96L+;)<+45':H$4B

A+'6&
A+'6&T+(8%6+=%@46+(84+><%@4<+'+6H)<(9+;44$B+D;+(84+A+'6&
A+'6&+><%@%*=+:)>4+%6+64$4&(4>L+@48%&$46
7%(8+'*+'"():'(%&+(<'*6:%66%)*+67%(&8+()+WWB

M(3$#$38",
M(3$#$38",T+9)"+&'*+'>'H(+%*>%@%>"'$+@48%&$4+696(4:6+'&&)<>%*=+()+9)"<+H<4;4<4*&46B

F.*#C*%C(4$/*852%(23(./$(C%585#6(>2C$(*#C(./$(8$/59,$('1'M
.$>'

384+.'7;'6&
.'7;'6&+><%@%*=+:)>4+68)76+(84+#'6%&+64((%*=6+);+(84+@48%&$4+696(4:6+784*+(84+%=*%(%)*+%6
67%(&84>+)*B

D$/*852%(23(./$(C%585#6(>2C$("/$#('"5.9/5#6(./$(56#5.52#(233(*#C
2#
D;+9)"+67%(&8+(84+%=*%(%)*+);;+'*>+(84*+)*+'='%*L+(84+H<4@%)"6$9+64$4&(4>+><%@%*=+:)>4+<4:'%*6
64$4&(4>B

D$/*852%(23(./$(
D$/*852%(23(./$()6$#/
)6$#/(8$/59,$('1'.$>("/$#(./$(56#5.52#(5'
(8$/59,$('1'.$>("/$#(./$(56#5.52#(5'
'"5.9/$C(233(*#C(2#
384+)6$#/
)6$#/+@48%&$4+696(4:+64((%*=6+'<4+<464(+()+(84+.'7;'6&
.'7;'6&+><%@%*=+:)>4+64((%*=6+784*+9)"
67%(&8+(84+%=*%(%)*+);;+'*>+)*+'='%*B
n)"+&'*+&8'*=4+(84+)6$#/
)6$#/+@48%&$4+696(4:+#'&J+()+(84+64((%*=6+;)<+9)"<+>46%<4>+><%@%*=+:)>4T
— W4$4&(+9)"<+>46%<4>+><%@%*=+:)>4+'='%*B
— G2T
G2T+D*+)<>4<+()+<4'&(%@'(4+(84+64((%*=6+%*+(84+A+'6&
A+'6&+><%@%*=+:)>4L+:)@4+(84+'"():'(%&+=4'<,
#)5+64$4&()<+$4@4<+#'&J7'<>6+%*()+><%@%*=+:)>4+WWB

384+)(84<+@48%&$4+696(4:6+7%$$+<4('%*+(84%<+64((%*=6+%;+9)"+67%(&8+(84+%=*%(%)*+);;+'*>+)*+'='%*B

K%2+4,$'/22.5#6

(:C*=.58$(9/*''5'(92#.%2,(>*,3+#9.52#
384+94$$)7+%*>%&'()<+$%=8(+("<*6+)*B
384+:466'=4+Q"8,&@1)"7+/612'(&6',
Q"8,&@1)"7+/612'(&6',+:'9+'HH4'<+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9B
— E)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+()+8'@4
(84+696(4:+%*6H4&(4>B
K/$(C%585#6(=%235,$(2%(./$(8$/59,$('1'.$>'(C2(#2.(4$/*8$(*'
$<=$9.$C
— !'9+'((4*(%)*+()+(84+6('*>'<>+#48'@%)<+);+(84+><%@%*=+H<);%$4+'*>+(84+@48%&$4+696(4:6+UM+F64L
-<%@%*=+a)>4+W4$4&(%)*V B

A%58$%(*''5'.*#9$('1'.$>'

E%+5'$(92#.%2,('1'.$>

G#.%2C+9.52#

384+&<"%64+&)*(<)$+696(4:+84$H6+()+:'%*('%*+'+64(+6H44>B

F=$$C(%*#6$
384+&<"%64+&)*(<)$+696(4:+%6+'@'%$'#$4+'(+6H44>6+'#)@4+N\+:H8+UQP+J:Y8VB

A%585#6("5./(9%+5'$(92#.%2,('1'.$>
n)"+&'*+)@4<<%>4+(84+6()<4>+6H44>+'(+'*9+(%:4L+;)<+45':H$4L+()+H'66+'*)(84<+@48%&$4B+E<"%64+&)*,
(<)$+%6+H'"64>+78%$4+(84+@48%&$4+'&&4$4<'(46+'*>+(84*+<46":46+(84+6()<4>+6H44>B

A5'=,*1'
D;+(84+&<"%64+&)*(<)$+696(4:+%6+67%(&84>+)*L+(84+%*6(<":4*(+&$"6(4<+>%6H$'9+%*>%&'(46+(84+6()<4>
6H44>+'*>+(84+6('("6+);+(84+&<"%64+&)*(<)$+696(4:T

E<"%64+&)*(<)$+696(4:+67%(&84>+)*L+<4="$'(%)*+*)(+'&(%@4B

E<"%64+&)*(<)$+696(4:+67%(&84>+)*L+<4="$'(%)*+'&(%@4B

D;+*)+6H44>+%6+6()<4>L+(84+%*6(<":4*(+&$"6(4<+>%6H$'9+68)76+ +%*6(4'>+);+(84+6H44>B

E/*#65#6(6$*%
!<466%*=+(84+&$"(&8+H4>'$+H'"646+(84+&<"%64+&)*(<)$+696(4:B+D(+<46":46+'"():'(%&'$$9+';(4<+&8'*=,
%*=+=4'<B

A%585#6(C2"#/5,,
W8%;(+()+'+$)74<+=4'<+#4;)<4+><%@%*=+>)7*8%$$+;)<+'+$)*=+H4<%)>+);+(%:4B+38%6+7%$$+4*'#$4+9)"+()+"(%,
$%?4+(84+4*=%*4+#<'J%*=+4;;4&(+'*>+<4>"&4+(84+$)'>+)*+(84+#<'J46B

C.2/D/0
D;+%(+%6+*)(+H)66%#$4+()+><%@4+6';4$9+7%(8+4*)"=8+>%6('*&4+'*>+'+&)*6('*(+6H44>L+"6%*=+(84+&<"%64
&)*(<)$+696(4:+:'9+&'"64+'&&%>4*(6+'*>+64<%)"6+%*A"<%46B
● /4@4<+"64+(84+&<"%64+&)*(<)$+696(4:+784*+@%6%#%$%(9+%6+H))<L+784*+(84<4+%6+*)(+4*)"=8+>%6,
('*&4L+)<+784*+<)'>6+'<4+6(44HL+7%*>%*=L+;$))>4>L+)<+6$%HH4<9L+;)<+45':H$4+;<):+6*)7L+%&4L
:)%6("<4L+)<+=<'@4$B
● /4@4<+"64+(84+&<"%64+&)*(<)$+696(4:+784*+><%@%*=+);;,<)'>+)<+)*+"*H'@4>+<)'>6B
● .$7'96+'>'H(+9)"<+6H44>+'*>+<4:'%*+'+6';4+>%6('*&4+()+@48%&$46+><%@%*=+'84'>+#'64>+)*+(84
@%6"'$L+74'(84<L+<)'>L+'*>+(<';;%&+&)*>%(%)*6B
● 3)+<4>"&4+(84+<%6J+);+'&(%@'(%*=+(84+&<"%64+&)*(<)$+696(4:+"*%*(4*(%)*'$$9L+'$7'96+("<*+);;+(84
&<"%64+&)*(<)$+696(4:+';(4<+"6%*=+%(B
● D(+%6+>'*=4<)"6+()+<46":4+(84+6()<4>+6H44>+%;+(8'(+6H44>+%6+())+;'6(+;)<+(84+&"<<4*(+<)'>L+(<';,
;%&L+)<+74'(84<+&)*>%(%)*6B

!=$%*.5#6(./$(9%+5'$(92#.%2,('1'.$>(+'5#6(./$(>+,.5M3+#9M
.52#('.$$%5#6("/$$,

R%=B+
R%=B+NN+ b4;(+6%>4+);+(84+:"$(%,;"*&(%)*+6(44<%*=+7844$T+#"(()*6+;)<+&<"%64+&)*(<)$+696(4:+)H4<',
(%)*+U)H(%)*+NVB
R%=B+
R%=B+QQ+ b4;(+6%>4+);+(84+:"$(%,;"*&(%)*+6(44<%*=+7844$T+#"(()*6+;)<+&<"%64+&)*(<)$+696(4:+)H4<',
(%)*+U)H(%)*+QVB

F"5.9/5#6(2#
— !<466+(84+ +#"(()*B

384+&<"%64+&)*(<)$+696(4:+%6+*)(+&)*(<)$$%*=+(84+@48%&$4+6H44>+#4&'"64+'+6H44>+%6+*)(+6()<4>B

F.*%.5#6(:C*=.58$(E%+5'$(E2#.%2,
— !<466+(84+ +#"(()*+78%$4+><%@%*=B

384+&<"%64+&)*(<)$+696(4:+6()<46+'*>+&)*(<)$6+(84+&"<<4*(+6H44>B

F$..5#6(./$('=$$C
n)"+&'*+'>A"6(+(84+6()<4>+6H44>+78%$4+(84+&<"%64+&)*(<)$+696(4:+%6+<4="$'(%*=+(84+6H44>T
W(44<%*=+7844$+@'<%'*(+NT

j+N+:H8+UN+J:Y8V
,+N+:H8+UN+J:Y8V
j+\+:H8+UNP+J:Y8V
,+\+:H8+UNP+J:Y8V

W(44<%*=+7844$+@'<%'*(+QT
!<466+$%=8($9T+j+N+:H8+UN+J:Y8V
!<466+;%<:$9T+j+\+:H8+UNP+J:Y8V
!<466+$%=8($9T+,+N+:H8+UN+J:Y8V
!<466+;%<:$9T+,+\+:H8+UNP+J:Y8V

3)+&8'*=4+(84+6()<4>+6H44>+'(+'+&)*(%*")"6+<'(4L+H<466+'*>+8)$>+(84+<46H4&(%@4+#"(()*B
n)"<+@48%&$4+7%$$+'>A"6(+%(6+&"<<4*(+6H44>+#9+'&&4$4<'(%*=+)<+#<'J%*=B

G#.$%%+=.5#6(:C*=.58$(E%+5'$(E2#.%2,
— !<466+(84+ +)<+ +#"(()*+#<%4;$9B+n)"+&'*+'$6)+H<466+(84+#<'J4+H4>'$B

384+@48%&$4+6H44>+<4:'%*6+6()<4>+%*+(84+696(4:B

@$'+>5#6(:C*=.58$(E%+5'$(E2#.%2,
— !<466+(84+ +#"(()*B

384+&<"%64+&)*(<)$+696(4:+<46":46+'*>+:'%*('%*6+(84+6()<4>+6H44>B

F"5.9/5#6(233
— !<466+'*>+8)$>+(84+ +#"(()*B

384+&<"%64+&)*(<)$+#"(()*+%6+67%(&84>+);;+'*>+(84+6()<4>+6H44>+%6+>4$4(4>B

F"5.9/5#6(.2(./$('=$$C(,5>5.$%
— !<466+(84+ +#"(()*B
— W4$4&(+(84+6H44>+$%:%(4<+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9B

384+&<"%64+&)*(<)$+696(4:+%6+67%(&84>+);;B

-4H4*>%*=+)*+(84+@48%&$4+4I"%H:4*(L+(84+ +#"(()*+%6+$)&'(4>+4%(84<+)*+(84+:"$(%,;"*&,
(%)*+6(44<%*=+7844$+)<+(84+("<*+6%=*'$+'*>+8%=8+#4':+$4@4<B

K%2+4,$'/22.5#6

(E%+5'$(E2#.%2,(F1'.$>(>*,3+#9.52#b
384+94$$)7+%*>%&'()<+$%=8(+("<*6+)*B
— a'$;"*&(%)*B+3"<*+);;+(84+&<"%64+&)*(<)$+696(4:+'*>+&)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<
)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B

E%+5'$(92#.%2,(5'(*+.2>*.59*,,1(5#.$%%+=.$Cb
— n)"+8'@4+#44*+H<466%*=+(84+&$"(&8+H4>'$+;)<+'+$)*=+(%:4B
— 384+@48%&$4+8'6+45&44>4>+(84+6()<4>+6H44>+;)<+'*+45(4*>4>+H4<%)>B
— /)+=4'<+%6+4*='=4>+;)<+><%@%*=+;)<7'<>B
— [<'J4+'66%6('*&4+696(4:6L+;)<+45':H$4+.W2+)<+1WEL+'<4+'&(%@4B
— 384+@48%&$4+8'6+#44*+#<'J4>+#9+R<)*(+.66%6(B
— D;+(84+H<)#$4:+H4<6%6(6L+("<*+);;+(84+&<"%64+&)*(<)$+696(4:+'*>+&)*('&(+'*+'"(8)<%?4>+X)$J67',
=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B

F=$$C(,5>5.$%

G#.%2C+9.52#

384+6H44>+$%:%(4<+84$H6+9)"+()+4*6"<4+(8'(+9)"+>)+*)(+45&44>+'+6H44>+(8'(+9)"+8'@4+H<4@%)"6$9
6'@4>B

F=$$C(%*#6$
384+6H44>+$%:%(4<+%6+'@'%$'#$4+'(+6H44>6+'#)@4+'HH<)5%:'(4$9+OP+J:Y8+UQP+:H8V+784*+><%@%*=
;)<7'<>6B

A%585#6("5./(./$('=$$C(,5>5.$%
n)"+&'*+%*(4<<"H(+(84+$%:%(+64(+#9+(84+6H44>+$%:%(4<+'(+'*9+(%:4+#9+;"$$9+>4H<466%*=+(84+'&&4$4<'()<
H4>'$+#49)*>+(84+H)%*(+);+<46%6('*&4B+C84*+9)"+45&44>+(84+6'@4>+6H44>L+(84+=<44*+%*>%&'()<+$%=8(
7%$$+&):4+)*+'*>+'+7'<*%*=+&8%:4+:'9+6)"*>B+384+@48%&$4+6H44>+<4:'%*6+6()<4>+%*+(84+696(4:B
G*&4+9)"<+><%@%*=+6H44>+;'$$6+#4$)7+(84+6'@4>+6H44>L+(84+6H44>+$%:%(4<+7%$$+'"():'(%&'$$9+#4=%*
<4="$'(%*=+9)"<+6H44>+'='%*B

A5'=,*1'
D;+(84+6H44>+$%:%(4<+%6+67%(&84>+)*L+(84+%*6(<":4*(+&$"6(4<+>%6H$'9+%*>%&'(46+(84+6()<4>+6H44>+'*>
(84+6('("6+);+(84+6H44>+$%:%(4<T

WH44>+$%:%(4<+67%(&84>+)*L+<4="$'(%)*+*)(+'&(%@4B

WH44>+$%:%(4<+67%(&84>+)*L+<4="$'(%)*+'&(%@4B

A%585#6(C2"#/5,,
W8%;(+()+'+$)74<+=4'<+#4;)<4+><%@%*=+>)7*8%$$+;)<+'+$)*=+H4<%)>+);+(%:4B+38%6+7%$$+4*'#$4+9)"+()+"(%,
$%?4+(84+4*=%*4+#<'J%*=+4;;4&(+'*>+<4>"&4+(84+$)'>+)*+(84+#<'J46B
C.2/D/0
3)+H<4@4*(+"*%*(4*>4>+6H44>+<4="$'(%)*L+'$7'96+67%(&8+);;+(84+6H44>+$%:%(4<+';(4<+"64B
● F6%*=+(84+6H44>+$%:%(4<+>)46+*)(+<4$4'64+><%@4<6+;<):+<46H)*6%#%$%(9+;)<+(84%<+@48%&$4d6+6H44>B
-)+*)(+><%@4+'(+()H+6H44>+"*$466+*4&466'<9B
● F6%*=+(84+6H44>+$%:%(4<+%*+'>@4<64+74'(84<+&)*>%(%)*6+%6+>'*=4<)"6+'*>+&)"$>+<46"$(+%*+64<%,
)"6+'&&%>4*(6L+4B=B+>"4+()+'I"'H$'*%*=L+6*)7L+%&4+)<+$4'@46B+G*$9+"64+(84+6H44>+$%:%(4<+784<4
H4<:%((4>+#9+(84+<)'>+'*>+74'(84<+&)*>%(%)*6B

!=$%*.5#6(./$('=$$C(,5>5.$%(+'5#6(./$(>+,.5M3+#9.52#('.$$%M
5#6("/$$,

R%=B+
R%=B+NN+ b4;(+6%>4+);+(84+:"$(%,;"*&(%)*+6(44<%*=+7844$T+["(()*6+;)<+)H4<'(%*=+(84+6H44>+$%:%(4<
U@'<%'*(+NVB
R%=B+
R%=B+QQ+ b4;(+6%>4+);+(84+:"$(%,;"*&(%)*+6(44<%*=+7844$T+["(()*6+;)<+)H4<'(%*=+(84+6H44>+$%:%(4<
U@'<%'*(+QVB

F"5.9/5#6(2#
— !<466+(84+ +#"(()*B

.(+(8%6+6('=4L+(84+$%:%(4<+7%$$+*)(+94(+6('<(+'>A"6(%*=+9)"<+6H44>B

F.*%.5#6(:C*=.58$(E%+5'$(E2#.%2,
— !<466+(84+ +#"(()*+78%$4+><%@%*=B

n)"<+&"<<4*(+6H44>+7%$$+#4+6'@4>+'6+(84+()H+6H44>B

F$..5#6(./$('=$$C
n)"+&'*+'>A"6(+(84+6'@4>+6H44>+'6+;)$$)76T
W(44<%*=+7844$+@'<%'*(+NT

j+N+:H8+UN+J:Y8V
,+N+:H8+UN+J:Y8V
j+\+:H8+UNP+J:Y8V
,+\+:H8+UNP+J:Y8V

W(44<%*=+7844$+@'<%'*(+QT
!<466+$%=8($9T+j+N+:H8+UN+J:Y8V
!<466+;%<:$9T+j+\+:H8+UNP+J:Y8V
!<466+$%=8($9T+,+N+:H8+UN+J:Y8V
!<466+;%<:$9T+,+\+:H8+UNP+J:Y8V

3)+&8'*=4+(84+6()<4>+6H44>+'(+'+&)*(%*")"6+<'(4L+H<466+'*>+8)$>+(84+<46H4&(%@4+#"(()*B

G#.$%%+=.5#6(:C*=.58$(E%+5'$(E2#.%2,
— !<466+(84+ +)<+ +#"(()*B

384+@48%&$4+6H44>+<4:'%*6+6()<4>+%*+(84+696(4:B

@$'+>5#6(:C*=.58$(E%+5'$(E2#.%2,
— !<466+(84+ +#"(()*B

G*&4+9)"<+&"<<4*(+6H44>+><)H6+#4$)7+(84+6'@4>+6H44>L+(84+6H44>+$%:%(4<+8'6+#44*+<4'&(%@'(4>B

F"5.9/5#6(233
— !<466+'*>+8)$>+(84+ +#"(()*B

38%6+67%(&846+);;+(84+6H44>+$%:%(4<+'*>+(84+6H44>+%6+>4$4(4>B

F"5.9/5#6(.2(./$(9%+5'$(92#.%2,('1'.$>(2%(:C*=.58$(E%+5'$(E2#.%2,
H:EEI
— !<466+(84+ +#"(()*B
— W4$4&(+(84+696(4:+9)"+<4I"%<4+)*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9B

38%6+67%(&846+);;+(84+6H44>+$%:%(4<B

-4H4*>%*=+)*+(84+@48%&$4+4I"%H:4*(L+(84+#"(()*+ +%6+$)&'(4>+4%(84<+)*+(84+:"$(%,;"*&,
(%)*+6(44<%*=+7844$+)<+)*+(84+("<*+6%=*'$+'*>+8%=8+#4':+$4@4<B

K%2+4,$'/22.5#6

(F=$$C(,5>5.$%(5'(#2.(*8*5,*4,$b
384+94$$)7+%*>%&'()<+$%=8(+&):46+)*B
— a'$;"*&(%)*B+W7%(&8+);;+(84+6H44>+$%:%(4<+'*>+&)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'",
(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B

E%+5'$(92#.%2,(5'(*+.2>*.59*,,1(5#.$%%+=.$Cb
— n)"+8'@4+67%(&84>+);;+1$4&(<)*%&+W('#%$%(9+E)*(<)$+U1WEVB
— 384+#<'J46+'<4+)@4<84'(%*=B+b4(+(84+#<'J46+&))$+>)7*+'*>+&84&J+(84+;"*&(%)*+'='%*B
— D;+(84+:'$;"*&(%)*+&)*(%*"46L+&)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67',
=4*+W4<@%&4+R'&%$%(9B

384+6H44>+$%:%(4<+7%$$+)*$9+67%(&8+);;+&):H$4(4$9+;)<+6';4(9+<4'6)*6+)*&4+9)"+<4$4'64+(84+'&&4$4<,
'()<+H4>'$+)<+67%(&8+);;+(84+696(4:+:'*"'$$9B

F=$$C(,5>5.$%(%$6+,*.52#(9*##2.('.*%.b
— 384+><%@%*=+:)>4+64$4&(4>+H<4@4*(6+6H44>+$%:%(4<+<4="$'(%)*+;<):+6('<(%*=B+W4$4&(+'+>%;;4<4*(
><%@%*=+:)>4+'*>+<4H4'(+(84+H<)&466B

:C*=.58$(E%+5'$(E2#.%2,(H:EEI

G#.%2C+9.52#

.>'H(%@4+E<"%64+E)*(<)$+U.EEV+:'%*('%*6+9)"<+64$4&(4>+6H44>B+C84*+(84+@48%&$4+'HH<)'&846+'
@48%&$4+><%@%*=+'84'>L+(84+.EE+'>A"6(6+(84+6H44>+'"():'(%&'$$9+'*>+:'%*('%*6+9)"<+64(+>%6('*&4
()+(84+@48%&$4+><%@%*=+'84'>B

A2$'(./5'(8$/59,$(/*8$(:EET
384+@48%&$4+8'6+.EE+%;+9)"+&'*+'>A"6(+.EE+64((%*=6+%*+(84+.66%6('*&4+696(4:6+:4*"+%*+(84+D*;),
('%*:4*(+696(4:B

F=$$C(%*#6$
.EE+&'*+<4="$'(4+7%(8%*+(84+6H44>+<'*=4+);+'HH<)5B+QP+:H8+UOP+J:Y8V+'*>+'HH<)5B+NOP+:H8
UQNP+J:Y8VL+'*>+%*+(84+FW.+"H+()+'<)"*>+`\+:H8+UN\P+J:Y8VB+38%6+6H44>+<'*=4+:'9+@'<9+>4H4*>,
%*=+)*+(84+:'<J4(B

A%585#6("5./(:EE
n)"+&'*+)@4<<%>4+(84+.EE+696(4:+'(+'*9+(%:4B+.>'H(%@4+E<"%64+E)*(<)$+%6+&'*&4$4>+784*+9)"+'HH$9
(84+#<'J46B+C84*+9)"+'&&4$4<'(4L+.>'H(%@4+E<"%64+E)*(<)$+%6+H'"64>+78%$4+'&&4$4<'(%*=+'*>+(84*
<46":4>B
D;+'+(<'%$4<+%6+8%(&84>L+(84+.EE+&)*(<)$6+$466+>9*':%&'$$9B

D%*05#6(=%2>=.
D;+(84+'"():'(%&+>4&4$4<'(%)*+#9+(84+.EE+%6+*)(+6";;%&%4*(L+.EE+7%$$+H<):H(+9)"+7%(8+'+:46,
6'=4+%*+(84+%*6(<":4*(+&$"6(4<+()+'$6)+'HH$9+(84+#<'J46B+384+<4>+7'<*%*=+$%=8(+7%$$+'$6)
&):4+)*+'*>+'+7'<*%*=+&8%:4+7%$$+6)"*>B+.HH$9+(84+#<'J46+%::4>%'(4$9B

@*C*%('$#'2%
.EE+>4(4&(6+><%@%*=+6%("'(%)*6+"6%*=+<'>'<+64*6)<6+%*+(84+;<)*(+);+(84+@48%&$4B+384+<'*=4+);+(84
<'>'<+64*6)<+%6+"H+()+'HH<)5%:'(4$9+N]P+:+U\QP+;(VB

C.2/D/0
384+%*(4$$%=4*(+(4&8*)$)=9+);+.EE+&'**)(+)@4<&):4+(84+*'("<'$+$'76+);+H896%&6+'*>+%(+&'*+)*$9
)H4<'(4+7%(8%*+(84+$%:%(6+);+(84+696(4:B+-)+*)(+'$$)7+(84+%*&<4'64>+&)*@4*%4*&4+()+(4:H(+9)"
%*()+('J%*=+<%6J6B+E'<4$466+)<+"*%*(4*>4>+"64+);+(84+.EE+696(4:+&'*+&'"64+'&&%>4*(6+'*>+64<%)"6
%*A"<%46B+384+696(4:+&'**)(+<4H$'&4+(84+><%@4<d6+'((4*(%)*B
● .$7'96+'>'H(+9)"<+6H44>+'*>+>%6('*&4+()+@48%&$46+><%@%*=+'84'>+#'64>+)*+(84+@%6"'$L+74'(8,
4<L+<)'>L+'*>+(<';;%&+&)*>%(%)*6B
● /4@4<+"64+.EE+784*+@%6%#%$%(9+%6+H))<+)<+784*+<)'>6+'<4+6(44HL+7%*>%*=L+;$))>4>L+)<+6$%HH4<9L
;)<+45':H$4+;<):+6*)7L+%&4L+:)%6("<4L+)<+=<'@4$B
● /4@4<+"64+.EE+784*+><%@%*=+);;,<)'>+)<+)*+"*H'@4>+<)'>6B+.EE+%6+)*$9+>46%=*4>+;)<+"64+)*
H'@4>+<)'>6B
● .HH$9+(84+#<'J46+%::4>%'(4$9+%;+'+#<'J%*=+H<):H(+'HH4'<6+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9
)<+(84+>4&4$4<'(%)*+#9+.EE+%6+*)(+6";;%&%4*(B
● .HH$9+(84+#<'J46+%;+(84+@48%&$4+&)*(%*"46+()+<)$$+"*%*(4*(%)*'$$9L+4B=B+';(4<+'+#<'J%*=+H<):H(B
● .$7'96+#4+<4'>9+()+<46":4+&)*(<)$+);+(84+@48%&$4+6H44>B

F=$95*,(C%585#6('5.+*.52#'

O%$C59.58$(9%+5'$(92#.%2,
D;+(84+@48%&$4+%6+4I"%HH4>+7%(8+'+-9*':%&+2)'>+W%=*+-%6H$'9+'*>+'*+D*;)('%*:4*(+696(4:+7%(8
*'@%='(%)*L+.>'H(%@4+E<"%64+E)*(<)$+&'*+H<4>%&(%@4$9+'>A"6(+9)"<+6H44>+()+J*)7*+6H44>+$%:%(6+'*>
(84+<)'>+$'9)"(+'84'>+U>4H4*>%*=+)*+(84+@48%&$4+4I"%H:4*(+'*>+*)(+'@'%$'#$4+%*+'$$+&)"*(<%46VB

O*''5#6
D;+9)"+'&(%@'(4+(84+$4;(+("<*+6%=*'$+U$4;(,8'*>+><%@4+@48%&$46T+'&(%@'(4+(84+<%=8(+("<*+6%=*'$V+()+H'66L
.EE+7%$$+'&&4$4<'(4+(84+@48%&$4+'*>+<4>"&4+(84+>%6('*&4+()+(84+@48%&$4+><%@%*=+'84'>B+n)"<+64$4&(,
4>+6H44>+7%$$+*)(+#4+45&44>4>+>"<%*=+(8%6B
D;+(84+.EE+>)46+*)(+>4(4&(+'+@48%&$4+><%@%*=+'84'>+';(4<+&8'*=%*=+$'*46L+(84*+.EE+7%$$+'&&4$4<'(4
(84+@48%&$4+"H+()+(84+64(+6H44>B

F.2=M*#CM62(.%*3359
.EE+&'*+#<'J4+@48%&$46+()+'+6()H+'*>+8)$>+(84:+6('(%)*'<9B+.EE+<4:'%*6+'&(%@4L+'*>+(84+%*6(<",
:4*(+&$"6(4<+>%6H$'9+68)76+B..1$*16/"3-
B..1$*16/"3-+;)<+64@4<'$+64&)*>6B+G*+@48%&$46+7%(8+3<'@4$+.66%6(L+9)"
&'*+45(4*>+(8%6+(%:4+#9+&)*(%*"%*=+()+8)$>+(84+6(44<%*=+7844$B
C8%$4+.EE+<4:'%*6+'&(%@4L+(84+@48%&$4+7%$$+'"():'(%&'$$9+<46":4+><%@%*=+)*&4+(84+@48%&$4+><%@%*=
'84'>+6('<(6+()+:)@4+U>4H4*>%*=+)*+(84+@48%&$4+4I"%H:4*(+'*>+*)(+'@'%$'#$4+%*+'$$+&)"*(<%46VB
15(4*>+.EE+<4'>%*466+)<+<4'&(%@'(4T
— !<466+(84+ +)<+('J4+8)$>+);+(84+6(44<%*=+7844$+'='%*+U@48%&$46+7%(8+3<'@4$+.66%6(+)*$9VB

[4=%*+><%@%*=+%;+.EE+<4'>%*466+8'6+4*>4>+'*>+(84+@48%&$4+><%@%*=+'84'>+8'6+'$<4'>9+:)@4>T
— [<%4;$9+H<466+(84+'&&4$4<'()<+H4>'$B

.EE+>)46+*)(+6('9+'&(%@4+%*+(84+;)$$)7%*=+6&4*'<%)6T
— 384+6('(%)*'<9+H8'64+$'6(6+64@4<'$+:%*"(46B
— .+@48%&$4+>))<+%6+)H4*4>B
— 384+%=*%(%)*+%6+67%(&84>+);;B

C.2/D/0
D;+B..1$*16/"3-
B..1$*16/"3-+'HH4'<6+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9+'*>+(84+@48%&$4+><%@%*=+'84'>+6('<(6
()+:)@4L+9)"<+@48%&$4+7%$$+6('<(+><%@%*=+'"():'(%&'$$9B+384+@48%&$4+:'9+*)(+#4+'#$4+()+>4(4&(+)#,
6('&$46+%*+(84+@48%&$4d6+H'(8+784*+(8%6+8'HH4*6B+38%6+:'9+&'"64+'&&%>4*(6+'*>+64<%)"6+%*A"<%46B
● E84&J+(84+@48%&$4d6+H'(8+4@4<9+(%:4+#4;)<4+9)"+6('<(+><%@%*=+'*>+#<'J4+(84+@48%&$4+%;
*4&466'<9B

@56/.M'5C$(=*''5#6(%$'.%59.52#(
@56/.M'5C$(=*''5#6(%$'.%59.52#(H,$3.M/*#C(C%58$(8$/59,$'X(,$3.M'5C$
H,$3.M/*#C(C%58$(8$/59,$'X(,$3.M'5C$
=*''5#6(%$'.%59.52#I
R%=B+
R%=B+NN+ D*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9T+6$)74<+@48%&$4+>4(4&(4>+%*+(84+$4;(+$'*4+U=4*4<'$+45':,
H$4VB

D;+.EE+>4(4&(6+'+6$)74<+@48%&$4+%*+(84+$4;(+$'*4+U$4;(,8'*>+><%@4+@48%&$46T+D*+(84+<%=8(+$'*4VL+.EE
7%$$+#<'J4+=4*($9+7%(8%*+(84+$%:%(6+);+(84+696(4:+'*>+H<4@4*(+9)"+;<):+H'66%*=+%$$4='$$9B+38%6
;"*&(%)*+%6+'&(%@4+6('<(%*=+'(+'HH<)5%:'(4$9+\P+:H8+U_P+J:Y8VL+#"(+%6+*)(+'@'%$'#$4+%*+'$$+&)"*(<%46B

:EE(,5>5.*.52#'
R%=B+
R%=B+NN+

-<%@%*=+'<)"*>+&"<@46B+

X48%&$46+)"(6%>4+);+(84+<'>'<+64*6)<+<'*=4B
R%=B+
R%=B+QQ+

E8'*=%*=+$'*46B+

3"<*%*=+'*>+6('(%)*'<9+@48%&$46B

-/$#('/2+,C(G(#2.(+'$(:EET
384+.EE+696(4:+%6+*)(+6"%('#$4+%*+(84+;)$$)7%*=+6%("'(%)*6B+E'*&4$%*=+.>'H(%@4+E<"%64+E)*(<)$+UM
.EEL+D*(<)>"&(%)*Y=4*4<'$+%*;)<:'(%)*V T
— C84*+><%@%*=+%*+84'@9+<'%*L+6*)7L+)<+6H<'9
— C84*+><%@%*=+%*+("**4$6
— C84*+><%@%*=+%*+&)*6(<"&(%)*+?)*46
— C84*+><%@%*=+)*+7%*>%*=+<)'>6L+;)<+45':H$4L+:)"*('%*+<)'>6
— C84*+><%@%*=+);;,<)'>
— C84*+><%@%*=+%*+H'<J%*=+6(<"&("<46
— C84*+><%@%*=+)*+<)'>6+7%(8+4:#4>>4>+:4('$+)#A4&(6L+6"&8+'6+<'%$<)'>+(<'&J6
— C84*+><%@%*=+)*+=<'@4$+<)'>6
— ​X48%&$46+7%(8)"(+<%=8(,6%>4+H'66%*=+<46(<%&(%)*T+C84*+><%@%*=+)*+<)'>6+7%(8+:"$(%H$4+$'*46+%;
@48%&$46+'<4+><%@%*=+6$)7$9+%*+(84+H'66%*=+$'*4

C.2/D/0
D;+9)"+"64+.EE+%*+(84+6%("'(%)*6+:4*(%)*4>L+'&&%>4*(6+'*>+64<%)"6+%*A"<%46+&'*+<46"$(+'*>+$4='$
<4="$'(%)*6+&)"$>+#4+@%)$'(4>B
A$,*1$C(%$*9.52#
D;+(84+<'>'<+64*6)<+%6+45H)64>+()+4*@%<)*:4*('$+&)*>%(%)*6+(8'(+$%:%(+%(6+;"*&(%)*L+(84+696(4:+:'9
8'@4+'+>4$'94>+<46H)*64+()+(8%6B+384<4;)<4L+(84+>%6H$'9+(8'(+%*>%&'(46+(8'(+;"*&(%)*6+'<4+<46(<%&(4>
:'9+#4+>4$'94>+784*+9)"+;%<6(+6('<(+><%@%*=+)<+78%$4+><%@%*=+UM+.EEL+D*(<)>"&(%)*Y=4*4<'$+%*;)<,
:'(%)*V B

W#C$.$9.$C(24N$9.'
384+<'>'<+64*6)<+)*$9+>4(4&(6+@48%&$46+(8'(+'<4+:)@%*=+%*+(84+6':4+>%<4&(%)*B+384+;)$$)7%*=+7%$$
*)(+#4+>4(4&(4>T
— !4>46(<%'*6
— .*%:'$6
— W('(%)*'<9+@48%&$46
— X48%&$46+&<)66%*=+(84+6(<44(+)<+)*&):%*=+@48%&$46
— G(84<+6('(%)*'<9+)#6('&$46

R)<+45':H$4L+%;+'+@48%&$4+>4(4&(4>+#9+.EE+("<*6+)<+&8'*=46+$'*46+'*>+(84<4+%6+'+6('(%)*'<9+@48%&$4
%*+;<)*(+);+(8'(+@48%&$4L+.EE+7%$$+*)(+<4'&(+()+(84+6('(%)*'<9+@48%&$4++M+;%=B+Q + B

E+%8$'
384+<'>'<+64*6)<+)*$9+:4'6"<46+6(<'%=8(+'84'>B+384<4;)<4L+)*+(%=8(+&"<@46L+@48%&$46+:'9+#4+>4,
(4&(4>+#9+:%6('J4+)<+@48%&$46+><%@%*=+'84'>+:'9+*)(+#4+>4(4&(4>+M+;%=B+N + B

7$/59,$'(2+.'5C$(./$('$#'2%(%*#6$
.EE+:'9+*)(+<4'&(L+:'9+<4'&(+7%(8+'+>4$'9L+)<+:'9+<4'&(+%*+'+7'9+(8'(+%6+*)(+>46%<4>+%*+(84+;)$$)7,
%*=+6%("'(%)*6T
— D;+(84<4+'<4+@48%&$46+(8'(+'<4+><%@%*=+&$)64+()+9)"<+@48%&$4+#"(+)"(6%>4+(84+64*6)<+<'*=4L+6"&8+'6
:)()<&9&$46+M+;%=B+N + B
— D;+@48%&$46+&8'*=4+()+9)"<+$'*4+&$)64+%*+;<)*(+);+9)"<+@48%&$4+M+;%=B+Q + B
— D;+@48%&$46+8'@4+)#A4&(6+)<+'&&466)<%46+H<)A4&(%*=+)"(+);+(84+@48%&$4B

F"5.9/5#6(./$(:EE(2#(*#C(233
R%=B+
R%=B+NN+ b4;(+6%>4+);+(84+:"$(%,;"*&(%)*+6(44<%*=+7844$T+#"(()*6+;)<+.EE+)H4<'(%)*+U@'<%'*(+NVB

R%=B+
R%=B+QQ+ b4;(+6%>4+);+(84+:"$(%,;"*&(%)*+6(44<%*=+7844$T+#"(()*6+;)<+.EE+)H4<'(%)*+U@'<%'*(+QVB
F"5.9/5#6(2#
— !<466+(84+ +#"(()*B

.>'H(%@4+E<"%64+E)*(<)$+%6+*)(+94(+;"*&(%)*%*=B

F.*%.5#6(:C*=.58$(E%+5'$(E2#.%2,
— !<466+(84+ +#"(()*+78%$4+><%@%*=+;)<7'<>B

.EE+6'@46+(84+&"<<4*(+6H44>+'*>+:'%*('%*6+(84+64(+>%6('*&4B+D;+(84+&"<<4*(+6H44>+%6+)"(6%>4+);+(84
6H4&%;%4>+6H44>+<'*=4L+.EE+64(6+(84+:%*%:":+6H44>+U784*+><%@%*=+6$)7$9V+)<+(84+:'5%:":
6H44>+U784*+><%@%*=+;'6(VB
G*4+);+(84+;)$$)7%*=+%*>%&'()<+$%=8(6+7%$$+$%=8(+"HL+>4H4*>%*=+)*+(84+><%@%*=+6%("'(%)*T

.EE+%6+<4="$'(%*=L+*)+@48%&$4+><%@%*=+'84'>+%6+>4(4&(4>B

.EE+%6+<4="$'(%*=L+@48%&$4+><%@%*=+'84'>+%6+>4(4&(4>B

D;+.EE+%6+*)(+<4="$'(%*=L+(84+%*>%&'()<+$%=8(+%6+=<'9B

E*#9$,5#6(:C*=.58$(E%+5'$(E2#.%2,
— !<466+(84+ +#"(()*+#<%4;$9+)<+H<466+(84+#<'J4+H4>'$B

D;+(84+<4$4@'*(+%*>%&'()<+$%=8(+;)<+(84+><%@%*=+6%("'(%)*+$%=8(6+"H+=<'9L+(84+6H44>+'*>+>%6('*&4+'<4
6'@4>B
D;+(84+.*(%,W$%H+24="$'(%)*+U.W2V+%6+>4'&(%@'(4>L+(84*+(84+.>'H(%@4+E<"%64+E)*(<)$+%6+&'*&4$4>
'"():'(%&'$$9B

@$'+>5#6(:C*=.58$(E%+5'$(E2#.%2,
— !<466+(84+ +#"(()*B

.EE+'66":46+(84+$'6(+64(+6H44>+'*>+(84+$'6(+64(+>%6('*&4B+384+%*6(<":4*(+&$"6(4<+>%6H$'9+68)76
(84+64(+6H44>L+'*>+%*>%&'()<+$%=8(6+&):4+)*+&)<<46H)*>%*=+()+(84+><%@%*=+6%("'(%)*B

F"5.9/5#6(233
— !<466+'*>+8)$>+(84+ +#"(()*B

384+64(+6H44>+%6+>4$4(4>B

F"5.9/5#6(.2(./$('=$$C(,5>5.$%
— !<466+(84+ +#"(()*B
— W4$4&(+(84+6H44>+$%:%(4<+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9B

.EE+%6+67%(&84>+);;B
-4H4*>%*=+)*+(84+@48%&$4+4I"%H:4*(L+(84+#"(()*+ +%6+$)&'(4>+4%(84<+)*+(84+:"$(%,;"*&,
(%)*+6(44<%*=+7844$+)<+)*+(84+("<*+6%=*'$+'*>+8%=8+#4':+$4@4<B

:CN+'.5#6(./$(:EE('$..5#6'

F$..5#6(./$(C5'.*#9$

R%=B+
R%=B+NN+ D*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9T+64(+>%6('*&4+ N L+.EE+%6+<4="$'(%*=+U=4*4<'$+45':H$4VB

n)"+&'*+64(+(84+>%6('*&4+'(+;%@4+$4@4$6+;<):+@4<9+68)<(+()+@4<9+$)*=T
— !<466+(84+ +#"(()*+'*>+(84*+(84+ +#"(()*L+)<+H<466+ B
— n)"+&'*+'$6)+H<466+(84+ +#"(()*+<4H4'(4>$9+"*(%$+(84+>46%<4>+>%6('*&4+%6+64(B

384+%*6(<":4*(+&$"6(4<+>%6H$'9+68)76+(84+64$4&(4>+$4@4$+M+;%=B+N + N B+/)(4+(84+&)"*(<9,6H4&%;%&
<4="$'(%)*6+;)<+:%*%:":+>%6('*&4B
D*+(84+.66%6('*&4+696(4:6+:4*"+%*+(84+D*;)('%*:4*(+696(4:L+9)"+&'*+&8))64+784(84<+9)"+7'*(
(84+<4="$'(%)*+()+6('<(+'(+(84+>%6('*&4+(8'(+7'6+64(+'(+(84+4*>+);+(84+A)"<*49+)<+6('<(+'(+'+H<464,
$4&(4>+>%6('*&4B

F$..5#6(./$('=$$C
n)"+&'*+'>A"6(+(84+6()<4>+6H44>+7%(8%*+(84+6H4&%;%4>+6H44>+<'*=4+"6%*=+(84+#"(()*6+)*+(84+:"$(%,
;"*&(%)*+6(44<%*=+7844$+'6+;)$$)76T
W(44<%*=+7844$+@'<%'*(+NT

j+N+:H8+UN+J:Y8VL+)*$9+78%$4+.EE+%6+<4="$'(%*=
,+N+:H8+UN+J:Y8VL+)*$9+78%$4+.EE+%6+<4="$'(%*=
j+\+:H8+UNP+J:Y8V
,+\+:H8+UNP+J:Y8V

W(44<%*=+7844$+@'<%'*(+QT

!<466+$%=8($9T+j+N+:H8+UN+J:Y8V
!<466+;%<:$9T+j+\+:H8+UNP+J:Y8V
!<466+$%=8($9T+,+N+:H8+UN+J:Y8V
!<466+;%<:$9T+,+\+:H8+UNP+J:Y8V

3)+&8'*=4+(84+6()<4>+6H44>+'(+'+&)*(%*")"6+<'(4L+H<466+'*>+8)$>+(84+<46H4&(%@4+#"(()*B

C.2/D/0
D;+(84+@48%&$4+;'$$6+#4$)7+(84+:%*%:":+>%6('*&4+()+(84+@48%&$4+><%@%*=+'84'>+'*>+(84+>%;;4<4*&4
%*+6H44>+#4(744*+(84+@48%&$4+><%@%*=+'84'>+'*>+9)"<+)7*+@48%&$4+%6+6)+$'<=4+(8'(+(84+6H44>+>4,
&4$4<'(%)*+#9+(84+.EE+%6+*)(+6";;%&%4*(L+(84<4+%6+'+<%6J+);+'+<4'<+4*>+&)$$%6%)*B+384+#<'J%*=+>%6('*&4
'$6)+%*&<4'646+>"<%*=+<'%*;'$$+'*>+7%*(4<+<)'>+&)*>%(%)*6B
● .EE+:'9+*)(+#4+'#$4+()+>4(4&(+'$$+><%@%*=+6%("'(%)*6+&)<<4&($9B
● .$7'96+#4+<4'>9+()+'HH$9+(84+#<'J46+9)"<64$;B
● D;+9)"+H<466+(84+'&&4$4<'()<+H4>'$L+9)"+7%$$+)@4<<%>4+(84+6H44>+'*>+>%6('*&4+&)*(<)$B+D*+(8%6
&'64L+.EE+7%$$+*)(+#<'J4+'"():'(%&'$$9B
● G#64<@4+(84+&)"*(<9,6H4&%;%&+<4="$'(%)*6+<4='<>%*=+:%*%:":+>%6('*&4B
● .$7'96+64(+'+$)*=4<+>%6('*&4+784*+(84<4+%6+<'%*L+6*)7L+)<+H))<+@%6%#%$%(9B

:CN+'.5#6(./$(:C*=.58$(E%+5'$(E2#.%2,('1'.$>('$..5#6'
n)"+&'*+%*;$"4*&4+%;+(84+.EE+<4'&(6+%*+'+6H)<(9+><%@%*=+6(9$4T
— ​X48%&$46+7%(8+-<%@%*=+a)>4+W4$4&(%)*T+W4$4&(+(84+>46%<4>+><%@%*=+:)>4+UM+-<%@%*=+a)>4+W4$4&,
(%)*L+-46&<%H(%)*V B
— ​X48%&$46+7%(8)"(+-<%@%*=+a)>4+W4$4&(%)*T+W4$4&(+(84+>46%<4>+><%@%*=+:)>4+%*+(84+.66%6('*&4
696(4:6+:4*"+%*+(84+D*;)('%*:4*(+696(4:B

W):4+64((%*=6+&'*+#4+6'@4>+%*+(84+><%@4<+H4<6)*'$%?'(%)*+"64<+H<);%$46+'*>+&8'*=4+'"(),
:'(%&'$$9+784*+H<);%$46+'<4+67%(&84>+UM+-<%@4<+H4<6)*'$%?'(%)*L+-46&<%H(%)*V B

K%2+4,$'/22.5#6

(:EE(5'(#2.(*8*5,*4,$b
384+94$$)7+%*>%&'()<+$%=8(+("<*6+)*B
— 384+<'>'<+64*6)<+%6+>%<(9B+E$4'*+(84+<'>'<+64*6)<+UM+X48%&$4+&'<4L+-46&<%H(%)*V B
— 384+@%6%#%$%(9+);+(84+<'>'<+64*6)<+%6+$%:%(4>+>"4+()+74'(84<+&)*>%(%)*6L+6"&8+'6+6*)7L+)<+;<):
6)'H+<46%>"4+)<+&)'(%*=6B+E$4'*+(84+<'>'<+64*6)<+UM+X48%&$4+&'<4L+-46&<%H(%)*V B
— 2'>'<+64*6)<+@%6%#%$%(9+%6+$%:%(4>+#9+'(('&8:4*(6L+>4&)<'(%@4+;<':46+)*+$%&4*64+H$'(4+8)$>4<6L+)<
6(%&J4<6B+E$4'<+(84+'<4'+'<)"*>+(84+<'>'<+64*6)<B
— 384+<'>'<+64*6)<+%6+:%6'$%=*4>+)<+>':'=4>L+;)<+45':H$4+'6+'+<46"$(+);+>':'=4+()+(84+;<)*(+);
(84+@48%&$4B+E84&J+%;+(84<4+%6+*)(%&4'#$4+>':'=4+UM+24H'%<6+'*>+(4&8*%&'$+:)>%;%&'(%)*6L+W('*,
>'<>6Y>%<4&(%@46V B
— a'$;"*&(%)*+)<+;'"$(B+W()H+(84+4*=%*4+'*>+<46('<(B
— !'%*(%*=+7)<J+7'6+&'<<%4>+)"(+)*+)<+6(<"&("<'$+:)>%;%&'(%)*6+74<4+:'>4+()+(84+;<)*(+);+(84
@48%&$4B
— 384+)<%=%*'$+XC+4:#$4:+%6+*)(+"64>B
— D;+(84+H<)#$4:+H4<6%6(6L+&)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*
W4<@%&4+R'&%$%(9B

:EE(5'(#2.(3+#9.52#5#6(*'($<=$9.$Cb
— 384+<'>'<+64*6)<+%6+>%<(9B+E$4'*+(84+<'>'<+64*6)<+UM+X48%&$4+&'<4L+-46&<%H(%)*V B
— 384+696(4:+$%:%('(%)*6+'<4+*)(+'>84<4>+()+UM+.EEL+b%:%(6Y696(4:+$%:%(6V B
— 384+#<'J46+'<4+)@4<84'(%*=L+'*>+(84+&)*(<)$+8'6+#44*+'"():'(%&'$$9+%*(4<<"H(4>B+b4(+(84+#<'J46
&))$+>)7*+'*>+&84&J+(84+;"*&(%)*+'='%*B
— D;+(84+H<)#$4:+H4<6%6(6L+&)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*
W4<@%&4+R'&%$%(9B

K/$(:C*=.58$(E%+5'$(E2#.%2,(9*##2.('.*%.b
a'J4+6"<4+(84+;)$$)7%*=+<4I"%<4:4*(6+'<4+:4(T
— .+;)<7'<>+=4'<+%6+4*='=4>+U:'*"'$+(<'*6:%66%)*V+)<+(84+64$4&()<+$4@4<+%6+%*+(84+-YW
-YW+H)6%(%)*+)<
%*+(84+3%H(<)*%&+68%;(+='(4B
— 384+#<'J4+$%=8(6+)*+(84+@48%&$4+'<4+;"*&(%)*%*=B
— 384+#<'J4+$%=8(6+)*+(84+(<'%$4<+'<4+;"*&(%)*%*=B
— 1WE+%6+*)(+<4="$'(%*=B
— 384+#<'J4+H4>'$+%6+*)(+#4%*=+H<4664>B

W#+'+*,(#25'$'(C+%5#6(*+.2>*.59(4%*05#6b
— 38%6+%6+*)<:'$+'*>+*)(+'+&'"64+;)<+&)*&4<*B

O%$C59.58$(9%+5'$(92#.%2,
G#.%2C+9.52#

!<4>%&(%@4+&<"%64+&)*(<)$+'>'H(6+(84+@48%&$4d6+6H44>+()+%>4*(%;%4>+6H44>+$%:%(6+'*>+()+(84+&)"<64
);+(84+<)'>+U#4*>6L+&<)66%*=6L+<)"*>'#)"(6VB

!<4>%&(%@4+&<"%64+&)*(<)$+%6+'*+45(4*6%)*+);+.EE+'*>+"646+-9*':%&+2)'>+W%=*+-%6H$'9+UM+-9*':%&
2)'>+W%=*+-%6H$'9L+-46&<%H(%)*V +'*>+(84+*'@%='(%)*+>'('+);+(84+D*;)('%*:4*(+696(4:B
!<4>%&(%@4+&<"%64+&)*(<)$+>4H4*>6+)*+(84+@48%&$4+4I"%H:4*(+'*>+%6+*)(+'@'%$'#$4+%*+'$$+&)"*(<%46B

C.2/D/0
384+%*(4$$%=4*(+(4&8*)$)=9+);+(84+H<4>%&(%@4+&<"%64+&)*(<)$+&'**)(+)@4<&):4+(84+*'("<'$+$'76+);
H896%&6+'*>+&'*+)*$9+)H4<'(4+7%(8%*+(84+$%:%(6+);+(84+696(4:B+-)+*)(+'$$)7+(84+%*&<4'64>+&)*@4,
*%4*&4+H<)@%>4>+#9+(84+H<4>%&(%@4+&<"%64+&)*(<)$+()+(4:H(+9)"+%*()+('J%*=+<%6J6B+E'<4$466+)<+"*%*,
(4*>4>+"64+);+(84+H<4>%&(%@4+&<"%64+&)*(<)$+&'*+&'"64+'&&%>4*(6+'*>+64<%)"6+%*A"<%46B+384+696(4:
&'**)(+<4H$'&4+(84+><%@4<d6+'((4*(%)*B
● .$7'96+'>'H(+9)"<+6H44>+()+(84+@%6%#%$%(9L+74'(84<L+<)'>+'*>+(<';;%&+&)*>%(%)*6B
● .$7'96+H'9+'((4*(%)*+()+(84+(<';;%&+6%("'(%)*+'*>+@48%&$4+4*@%<)*:4*(B
● .$7'96+#4+<4'>9+()+<46":4+&)*(<)$+);+(84+@48%&$4+6H44>B+a'$;"*&(%)*6+%*+(84+-9*':%&+2)'>
W%=*+-%6H$'9+'*>+)"(>'(4>+*'@%='(%)*+>'('+&'*+:4'*+(8'(+(84+@48%&$4d6+6H44>+&8'*=46+6">,
>4*$9+'*>+"*45H4&(4>$9+)<+(8'(+(84+@48%&$4+;'%$6+()+'>'H(+()+(84+&"<<4*(+(<';;%&+6%("'(%)*B+R"<,
(84<:)<4L+(84+6H44>6+&)*(<)$$4>+#9+(84+696(4:+:'9+*)(+6"%(+9)"<+><%@%*=+6(9$4B
● .$7'96+#4+<4'>9+()+<46":4+&)*(<)$+);+(84+@48%&$4+6H44>B+D;+9)"+><%@4+7%(8)"(+<)"(4+*'@%=',
(%)*L+$4'@4+(84+<)"(4+&'$&"$'(4>+#9+(84+*'@%='(%)*+696(4:+)<+%;+(84+@48%&$4+H)6%(%)*+%6+*)(+&)<,
<4&($9+%>4*(%;%4>+>"4+()+%:H<4&%64+0!W+>'('L+(84+6H44>+);+(84+@48%&$4+:'9+&8'*=4+"*45H4&(,
4>$9+'*>+6">>4*$9L+)<+(84+@48%&$4+:'9+*)(+'>'H(+()+(84+&"<<4*(+(<';;%&+6%("'(%)*B
● S44H+(84+*'@%='(%)*+>'('+"H+()+>'(4B
● .$7'96+)#64<@4+(84+:'5%:":+H4<:%66%#$4+6H44>B+D;+'+6H44>+$%:%(+%6+*)(+%*&$">4>+%*+(84+*'@%,
='(%)*+>'('L+(84+@48%&$4+:'9+45&44>+(84+:'5%:":+H4<:%66%#$4+6H44>B

!$4'64+'$6)+)#64<@4+(84+6';4(9+%*;)<:'(%)*+;)<+.EE+UM+.EEL+D*(<)>"&(%)*Y=4*4<'$+%*;)<,
:'(%)*V B

U5>5.'(23(=%$C59.58$(9%+5'$(92#.%2,

[46%>4+(84+696(4:+#)"*>'<%46+);+-9*':%&+2)'>+W%=*+-%6H$'9+UM+-9*':%&+2)'>+W%=*+-%6H$'9L+-4,
6&<%H(%)*V +'*>+(84+696(4:+#)"*>'<%46+);+.EEL+H<4>%&(%@4+&<"%64+&)*(<)$+'$6)+8'6+(84+;)$$)7%*=+'>,
>%(%)*'$L+696(4:,#'64>+$%:%(6T
— !<4>%&(%@4+&<"%64+&)*(<)$+)*$9+>4(4&(6+<)'>+6%=*6+(8'(+>%6H$'9+'+6H44>+$%:%(B+D*+H'<(%&"$'<L+H<4>%&,
(%@4+&<"%64+&)*(<)$+>)46+*)(+>4(4&(+H<%)<%(9+<"$46+)<+(<';;%&+$%=8(6B
— 384+H<4>%&(%@4+&<"%64+&)*(<)$+;"*&(%)*+%6+*)(+'@'%$'#$4+)*+<)'>6+(8'(+'<4+4%(84<+*)(+%*&$">4>+)<
*)(+:'HH4>+7%(8+&):H$4(4+'&&"<'&9+%*+(84+*'@%='(%)*+>'('B
— D;+'+6H44>+$%:%(+%6+'**)"*&4>+)*+(84+#'6%6+);+(84+*'@%='(%)*+>'('+#"(+*)(+>4(4&(4>+#9+(84+-9,
*':%&+2)'>+W%=*+-%6H$'9L+(84+'**)"*&4>+6H44>+%6+<464(+()+(84+6H44>+$'6(+6'@4>B
— !<4>%&(%@4+6H44>+$%:%(+&)*(<)$+%6+*)(+'@'%$'#$4+'(+6H44>+<46(<%&(%)*6+#4$)7+'HH<)5%:'(4$9
N\+:H8+UQP+J:Y8VB+D*+(8%6+&'64L+'+&)<<46H)*>%*=+:466'=4+7%$$+'HH4'<+%*+(84+%*6(<":4*(+&$"6(4<
>%6H$'9B

:9.58*.5#6(./$(=%$C59.58$(9%+5'$(92#.%2,

n)"+&'*+%*>%@%>"'$$9+'>A"6(+64((%*=6+%*+(84+D*;)('%*:4*(+696(4:+.66%6('*&4+696(4:6+:4*"L+()+>4,
(4<:%*4+78%&8+64((%*=6+(84+@48%&$4+68)"$>+<46H)*>+()+UM+X48%&$4+64((%*=6+:4*"L+GH4<'(%)*V T
— 246H)*64+()+'+<)'>+$'9)"(B
— 246H)*64+()+H4<:%((4>+6H44>6B

A%585#6("5./(=%$C59.58$(9%+5'$(92#.%2,

— W7%(&8+)*+.>'H(%@4+E<"%64+E)*(<)$+UM+.EEL+GH4<'(%)*V B
— W4(+(84+>%6('*&4+'*>+6H44>B
— .&(%@'(4+H<4>%&(%@4+&<"%64+&)*(<)$B

D;+(84+696(4:+>4(4&(6+'+6H44>+$%:%(+)<+'+<)"(4+;4'("<4+(8'(+*44>6+()+#4+('J4*+%*()+'&&)"*(L+'+:46,
6'=4+7%$$+#4+>%6H$'94>+%*+(84+%*6(<":4*(+&$"6(4<B+38%6+:466'=4+=%@46+(84+<4'6)*+'*>+68)76+(84
6H44>+(8'(+(84+@48%&$4+7%$$+*)7+#4+'>A"6(4>+()B

.>A"6(:4*(+>"4+()+'+6H44>+<46(<%&(%)*B

.>A"6(:4*(+>"4+()+(84+<)'>+$'9)"(B

D;+(84+6H44>+%6+'>A"6(4>+>"4+()+'+6H44>+$%:%(L+(84+>4(4&(4>+6H44>+7%$$+#4+6'@4>+'6+'+*47+>46%<4>
6H44>B+D;+(84+6H44>+%6+'>A"6(4>+>"4+()+'+<)"(4+;4'("<4L+(84+@48%&$4+7%$$+'&&4$4<'(4+()+(84+H<4@%)"6$9
6'@4>+>46%<4>+6H44>+)*&4+(84+;4'("<4+<4I"%<%*=+(84+6H44>+'>A"6(:4*(+8'6+#44*+H'664>B
E)<*4<%*=+6H44>+*)(%;%&'(%)*6+>4H4*>+)*+(84+><%@%*=+:)>4+UM+-<%@%*=+a)>4+W4$4&(%)*L+-46&<%H,
(%)*V B

K2(9*#9$,('=$$C(*CN+'.>$#.
— -"<%*=+(84+'>A"6(:4*(T+!<466+(84+ +#"(()*B
— -"<%*=+(84+'>A"6(:4*(T+!<466+(84+ +#"(()*B

:CN+'.5#6(./$('=$$C('/2"#
384+6H44>+68)7*+&'*+)*$9+#4+'>A"6(4>+784*+&)*(<)$$4>+>"4+()+6H44>+<46(<%&(%)*6B
W(44<%*=+7844$+@4<6%)*+NT

j+N+:H8+UN+J:Y8VL+)*$9+78%$4+.EE+%6+<4="$'(%*=
,+N+:H8+UN+J:Y8VL+)*$9+78%$4+.EE+%6+<4="$'(%*=
j+\+:H8+UNP+J:Y8V
,+\+:H8+UNP+J:Y8V

W(44<%*=+7844$+@4<6%)*+QT

!<466+$%=8($9T+j+N+:H8+UN+J:Y8V
!<466+;%<:$9T+j+\+:H8+UNP+J:Y8V
!<466+$%=8($9T+,+N+:H8+UN+J:Y8V
!<466+;%<:$9T+,+\+:H8+UNP+J:Y8V

D;+9)"+'>A"6(+(84+6H44>+68)7*+%*+(84+*)(%;%&'(%)*+())+;'<L+(84+H<4>%&(%@4+6H44>+<4="$'(%)*+7%$$+#4
&'*&4$4>B

D;+'+6H44>+$%:%(+%6+>4(4&(4>L+(84+H<4>%&(%@4+&<"%64+&)*(<)$+696(4:+7%$$+'>A"6(+(84+6'@4>
6H44>L+4@4*+%;+.EE+%6+>4'&(%@'(4>B+K)74@4<L+(84+><%@%*=+6H44>+7%$$+*)(+#4+'>A"6(4>B

D;+(84+&"<<4*(+6H44>+%6+6%=*%;%&'*($9+8%=84<+(8'*+(84+6H44>+$%:%(+>4(4&(4>+#9+(84+-9*':%&
2)'>+W%=*+-%6H$'9L+'+7'<*%*=+7%$$+#4+68)7*+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9B

C84*+><%@%*=+)*+'+8%=87'9+)*,<':H+7%(8+*)+6H44>+$%:%(L+(84+<4&)::4*>4>+6H44>+7%$$
'"():'(%&'$$9+#4+64(+'6+(84+>46%<4>+6H44>B+D;+'+8%=84<+6H44>+(8'*+(84+<4&)::4*>4>
6H44>+7'6+H<4@%)"6$9+6'@4>+)*+'+8%=87'9+7%(8+*)+6H44>+$%:%(L+(8%6+6'@4>+6H44>+7%$$+#4
'HH$%4>+%*6(4'>+);+(84+<4&)::4*>4>+6H44>B

K%2+4,$'/22.5#6

:(#2.5359*.52#('/2"'(./*.(./$(=%$C59.58$('=$$C(,5>5.(92#.%2,(5'
9+%%$#.,1(+#*8*5,*4,$(2%(5'(#2.(*8*5,*4,$(5#(12+%(92+#.%1b
— D;+(84+:466'=4+%6+>%6H$'94>+)@4<+'+$)*=4<+H4<%)>+'*>+H<4>%&(%@4+&<"%64+&)*(<)$+%6+'@'%$'#$4+%*
9)"<+&)"*(<9L+&)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R',
&%$%(9+;)<+'66%6('*&4B

.>>%(%)*'$+%*;)<:'(%)*+:'9+#4+>%6H$'94>+%*+(84+@48%&$4+6('("6L+>4H4*>%*=+)*+(84+:'$,
;"*&(%)*+UM+a4*"6+'*>+%*;)<:'(%)*+>%6H$'96L+G@4<@%47V B

?%2#.(:''5'.

G#.%2C+9.52#

R<)*(+.66%6(+&'*+<4&)=*%?4+%:H4*>%*=+;)<7'<>+&)$$%6%)*6+'*>+7'<*+(84+><%@4<B+384+696(4:+&'*
'$6)+6"HH)<(+#<'J%*=+'*>+4@'6%)*+'6+74$$+'6+'"():'(%&'$$9+6$)7%*=+>)7*+(84+@48%&$4B
384+R<)*(+.66%6(+696(4:+&'*+84$H+()+'@)%>+'&&%>4*(6+#"(+&'**)(+<4H$'&4+(84+><%@4<d6+'((4*(%)*B
R<)*(+.66%6(+7)<J6+6)$4$9+7%(8%*+(84+696(4:+$%:%('(%)*6B+C'<*%*=+(%:46+@'<9+>4H4*>%*=+)*+(84
3<';;%&+W%("'(%)*+'*>+(84+><%@%*=+#48'@%)<B

A%585#6("5./(?%2#.(:''5'.
n)"+&'*+&'*&4$+'"():'(%&+#<'J%*=+'*>+6(44<%*=+%*(4<@4*(%)*6+%*%(%'(4>+#9+(84+R<)*(+.66%6(L+#9
H<466%*=+(84+'&&4$4<'()<+H4>'$+)<+:)@%*=+(84+6(44<%*=+7844$B

:+.2>*.59(4%*05#6
384+R<)*(+.66%6(+&'*+#<'J4+()+'+6()HB+384+@48%&$4+7%$$+*)(+#4+84$>+'(+'+6()H+';(4<+(8'(B+!<466+(84
#<'J4+H4>'$B
384+#<'J4+H4>'$+;44$6+:)<4+;%<:+>"<%*=+'*+'"():'(%&+#<'J%*=+:'*4"@4<B

@$92%C5#6(./$(.%*3359('5.+*.52#
R<)*(+.66%6(+<4&)<>6+><%@%*=+6%("'(%)*6+"6%*=+'+&':4<'+%*+(84+"HH4<+;<)*(+7%*>68%4$>+'*>+'+<'>'<
64*6)<+%*+(84+;<)*(+);+(84+@48%&$4B

G#9,+C$C(3+#9.52#'
R<)*(+.66%6(+%*&$">46+(84+;)$$)7%*=+;"*&(%)*6L+>4H4*>%*=+)*+(84+@48%&$4+4I"%H:4*(+'*>+(84
&)"*(<9T
— !4>46(<%'*+a)*%()<%*=B
— E9&$%6(+a)*%()<%*=B
— 1:4<=4*&9+6(44<%*=+6"HH)<(B
— G*&):%*=+@48%&$4+#<'J%*=+784*+("<*%*=B

384+;"*&(%)*6+*':4>+'<4+'"():'(%&'$$9+'&(%@4+%;+R<)*(+.66%6(+%6+67%(&84>+)*B
C.2/D/0
384+%*(4$$%=4*(+(4&8*)$)=9+);+R<)*(+.66%6(+&'**)(+)@4<&):4+(84+*'("<'$+$'76+);+H896%&6+'*>+%(
&'*+)*$9+)H4<'(4+7%(8%*+(84+$%:%(6+);+(84+696(4:B+-)+*)(+'$$)7+(84+%*&<4'64>+&)*@4*%4*&4+H<),
@%>4>+#9+(84+R<)*(+.66%6(+696(4:+()+(4:H(+9)"+%*()+('J%*=+<%6J6B+384+><%@4<+%6+'$7'96+<46H)*6%#$4
;)<+#<'J%*=+'*>+6(44<%*=+%*+=))>+(%:4B
● C84*+R<)*(+.66%6(+7'<*6+9)"L+#<'J4+(84+@48%&$4+%::4>%'(4$9+)<+:'*4"@4<+'<)"*>+(84+)#6(',
&$4L+>4H4*>%*=+)*+(84+><%@%*=+6%("'(%)*B
● .$7'96+'>'H(+9)"<+6H44>+'*>+<4:'%*+'+6';4+>%6('*&4+()+@48%&$46+><%@%*=+'84'>+#'64>+)*+(84
@%6"'$L+74'(84<L+<)'>L+'*>+(<';;%&+&)*>%(%)*6B
● .$7'96+#4+<4'>9+()+<46":4+&)*(<)$+);+(84+@48%&$4+'*>+)@4<<%>4+#<'J%*=+'*>+6(44<%*=+%*(4<,
@4*(%)*6B+384+R<)*(+.66%6(+696(4:+&'**)(+H<4@4*(+'&&%>4*(6+'*>+64@4<4+%*A"<%46
'"():'(%&'$$9B
● R<)*(+.66%6(+:'9+=%@4+9)"+"*7'*(4>+7'<*%*=6+'*>+H4<;)<:+"**4&466'<9+#<'J%*=+)<+6(44<%*=
%*(4<@4*(%)*6+%*+&):H$45+><%@%*=+6%("'(%)*6L+;)<+45':H$4+'<)"*>+(<';;%&+%6$'*>6B
● R<)*(+.66%6(+:'9+=%@4+9)"+"*7'*(4>+7'<*%*=6+'*>+H4<;)<:+"**4&466'<9+#<'J%*=+)<+6(44<%*=
%*(4<@4*(%)*6+784*+(84+;"*&(%)*+%6+$%:%(4>L+;)<+45':H$4L+%;+(84+<'>'<+64*6)<+%6+>%<(9+)<+8'6
#44*+:)@4>+)"(+);+H$'&4B
● C%(8)"(+!4>46(<%'*+a)*%()<%*=L+R<)*(+.66%6(+>)46+*)(+<4'&(+()+H4<6)*6B+D*+'>>%(%)*L+(84+696,
(4:+>)46+*)(+<4'&(+()+'*%:'$6L+@48%&$46+&<)66%*=+(84+6(<44(+)<+)*&):%*=+@48%&$46+%*+(84+6':4
$'*4B
● D;+9)"+'<4+"*6"<4+784(84<+(84+@48%&$4+8'6+!4>46(<%'*+a)*%()<%*=L+&)*6"$(+'*+'"(8)<%?4>+X)$J,
67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+#4;)<4+6('<(%*=+9)"<+A)"<*49B
● .$7'96+#4+<4'>9+()+<46":4+&)*(<)$+);+(84+@48%&$4B

-*%#5#6(,$8$,'(*#C(4%*05#6('+==2%.

C%(8%*+(84+$%:%(6+);+(84+696(4:+'*>+>4H4*>%*=+)*+(84+4I"%H:4*(L+R<)*(+.66%6(+&'*+>4(4&(+(84+;)$,
$)7%*=+)#A4&(6T
— !4>46(<%'*6L+&9&$%6(6L+'*>+@48%&$46+(8'(+'<4+(<'@4$%*=+'$)*=6%>4+9)"<+@48%&$4
— !4>46(<%'*6+'*>+&9&$%6(6+(8'(+'<4+&<)66%*=+(84+6(<44(
— W('(%)*'<9+@48%&$46

D;+(84+@48%&$4+%6+'HH<)'&8%*=+'*+)#A4&(+(8'(+(84+696(4:+8'6+>4(4&(4>L+'*>+(84+@48%&$4+7)"$>+&)$,
$%>4+7%(8+(8%6+)#A4&(+%;+(84+@48%&$4+6H44>+7'6+:'%*('%*4>+'*>+(84+><%@4<+>%>+*)(+('J4+'&(%)*+()
'@)%>+(84+&)$$%6%)*L+(84*+R<)*(+.66%6(+&'*+%*(4<@4*4B+384+6"HH)<(+696(4:+&'*+%*@)$@4+'*+'>@'*&4
7'<*%*=L+'*+%::4>%'(4+7'<*%*=+)<+'"():'(%&+#<'J%*=B
F*>4<+%>4'$+&)*>%(%)*6L+(84+696(4:+&'*+H<4@4*(+'+&)$$%6%)*+)<+84$H+<4>"&4+>':'=4+&'"64>+#9+'
&)$$%6%)*B
R<)*(+.66%6(+)H4<'(46+7%(8%*+(8464+6H44>+<'*=46T
.>@'*&4 D::4>%'(4 ."():'(%& [<'J%*=
7'<*%*= 7'<*%*= #<'J%*= 6"HH)<(

W('(%)*'<9+@48%&$4 QP+() QP+() O+() O+()


\O+:H8 \O+:H8 \O+:H8 \O+:H8
UOP+() UOP+() U\+() U\+()
_\+J:Y8V _\+J:Y8V _\+J:Y8V _\+J:Y8V

X48%&$4+:)@%*=+%*+(84+6':4+>%<4&(%)* QP+() QP+() O+() O+()


'6+9)"<+@48%&$4 N\\+:H8 N\\+:H8 N\\+:H8 N\\+:H8
UOP+() UOP+() U\+() U\+()
Q\P+J:Y8V Q\P+J:Y8V Q\P+J:Y8V Q\P+J:Y8V

!4>46(<%'*6+:)@%*=+%*+(84+6':4+>%<4&, QP+() , O+() O+()


(%)*+'6+9)"<+@48%&$4 \O+:H8 ZP+:H8 ZP+:H8
UOP+() U\+() U\+()
_\+J:Y8V ]\+J:Y8V ]\+J:Y8V

!4>46(<%'*6+&<)66%*=+(84+6(<44( QP+() , O+() O+()


\O+:H8 ZP+:H8 ZP+:H8
UOP+() U\+() U\+()
_\+J:Y8V ]\+J:Y8V ]\+J:Y8V

E9&$%6(6+:)@%*=+'$)*=6%>4+9)"<+@48%&$4 QP+() QP+() O+() O+()


N\\+:H8 N\\+:H8 N\\+:H8 N\\+:H8
UOP+() UOP+() U\+() U\+()
Q\P+J:Y8V Q\P+J:Y8V Q\P+J:Y8V Q\P+J:Y8V

E9&$%6(6+&<)66%*=+(84+6(<44( QP+() , O+() O+()


\O+:H8 ZP+:H8 ZP+:H8
UOP+() U\+() U\+()
_\+J:Y8V ]\+J:Y8V ]\+J:Y8V

38464+6H4&%;%&'(%)*6+)*$9+'HH$9+"*>4<+%>4'$+&)*>%(%)*6+'*>+'<4+'HH<)5%:'(%)*6B+3849+>4H4*>+)*
(84+:'<J4(+'*>+@48%&$4+4I"%H:4*(B+E)*('&(+9)"<+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>
X)$J67'=4*+W4<@%&4+R'&%$%(9+%;+9)"+8'@4+'*9+I"46(%)*6+<4='<>%*=+(84+4I"%H:4*(+)*+9)"<+@48%&$4B

:C8*#9$("*%#5#6

384+696(4:+>4(4&(6+'+H)66%#$4+&)$$%6%)*+'*>+H<4H'<46+(84+@48%&$4+;)<+H)66%#$4+4:4<=4*&9
#<'J%*=B

.+7'<*%*=+()*4+6)"*>6+'*>+(84+7'<*%*=+$%=8(+("<*6+)*B+.HH$9+(84+#<'J46+)<+:'*4"@4<+()+'@)%>+(84
&)$$%6%)*B

G>>$C5*.$("*%#5#6
D;+(84+><%@4<+>)46+*)(+<46H)*>+()+(84+'>@'*&4+7'<*%*=L+(84+#<'J46+:'9+#4+'HH$%4>+#<%4;$9+()+%*>%,
&'(4+(84+%*&<4'6%*=+<%6J+);+'+&)$$%6%)*B+.HH$9+(84+#<'J46+)<+:'*4"@4<+()+'@)%>+(84+&)$$%6%)*B
:+.2>*.59(4%*05#6
D;+(84+><%@4<+'$6)+>)46+*)(+<4'&(+()+(84+%::4>%'(4+7'<*%*=L+(84+@48%&$4+:'9+#<'J4+'"():'(%&'$$9+%*
:"$(%H$4+6('=46+7%(8+%*&<4'6%*=+#<'J%*=+;)<&4B+24>"&%*=+(84+@48%&$4+6H44>+:'9+84$H+()+<4>"&4+(84
>':'=4+<46"$(%*=+;<):+'+&)$$%6%)*B

D%*05#6('+==2%.
D;+(84+696(4:+>4(4&(6+(8'(+(84+><%@4<+%6+*)(+#<'J%*=+4*)"=8+#4;)<4+'*+%:H4*>%*=+&)$$%6%)*L+(84
696(4:+&'*+%*&<4'64+(84+#<'J%*=+;)<&4+'*>+(8"6+84$H+()+<4>"&4+(84+<%6J+);+'+&)$$%6%)*B+384+#<'J%*=
6"HH)<(+%6+)*$9+'&(%@4+'6+$)*=+'6+(84+#<'J4+H4>'$+%6+#4%*=+;%<:$9+H<4664>B

A5'.*#9$("*%#5#6

384+696(4:+>4(4&(6+%;+(84<4+%6+'+6';4(9+8'?'<>+;<):+;)$$)7%*=+(84+@48%&$4+'84'>+())+&$)64$9B
384+%*>%&'()<+$%=8(+("<*6+)*B+D*&<4'64+(84+>%6('*&4B

WH44>+<'*=4T+'HH<)5%:'(4$9+ZP+:H8+U]\+J:Y8V+()+N\\+:H8+UQ\P+J:Y8VB

?%2#.(:''5'.(,5>5.*.52#'

R<)*(+.66%6(+%6+*)(+'@'%$'#$4+)<+%(6+'@'%$'#%$%(9+%6+$%:%(4>+%::4>%'(4$9+';(4<+6('<(%*=+(84+@48%,
&$4B+-"<%*=+(8%6+(%:4L+(84+%*>%&'()<+$%=8(+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9+&):46+)*B

R<)*(+.66%6(+8'6+H896%&'$+'*>+696(4:+$%:%('(%)*6B+384<4;)<4L+'$7'96+H'9+'((4*(%)*+'*>+#4+<4'>9+()
%*(4<@4*4+'6+*4&466'<9B

A$,*1$C(%$*9.52#
D;+(84+&':4<'+)<+<'>'<+64*6)<+%6+45H)64>+()+4*@%<)*:4*('$+&)*>%(%)*6+(8'(+$%:%(+(84%<+;"*&(%)*L+(84
696(4:+:'9+8'@4+'+>4$'94>+<46H)*64+()+(8%6B+384<4;)<4L+(84+>%6H$'9+(8'(+%*>%&'(46+(8'(+;"*&(%)*6
'<4+<46(<%&(4>+:'9+#4+>4$'94>+784*+9)"+;%<6(+6('<(+><%@%*=+)<+78%$4+><%@%*=+UM+."()*):)"6+1:4<,
=4*&9+[<'J%*=+UR<)*(+.66%6(VL+D*(<)>"&(%)*Y=4*4<'$+%*;)<:'(%)*V B

W#C$.$9.$C(24N$9.'
R<)*(+.66%6(+:'9+*)(+<4'&(L+:'9+<4'&(+7%(8+'+>4$'9L+)<+:'9+<4'&(+%*+'+7'9+(8'(+%6+*)(+>46%<4>+%*+(84
;)$$)7%*=+6%("'(%)*6T
— D;+@48%&$46+'<4+><%@%*=+&$)64+()+9)"<+@48%&$4+#"(+)"(6%>4+);+(84+64*6)<+<'*=4L+;)<+45':H$4+@48%,
&$46+(8'(+'<4+6('==4<4>+'<)"*>+9)"<+@48%&$4+)<+:)()<&9&$46
— D;+@48%&$46+&8'*=4+()+9)"<+$'*4+&$)64+%*+;<)*(+);+9)"<+@48%&$4
— D;+@48%&$46+8'@4+)#A4&(6+)<+'&&466)<%46+H<)A4&(%*=+)"(+);+(84+@48%&$4
— D;+(84<4+'<4+)*&):%*=+@48%&$46+)<+@48%&$46+&<)66%*=+(84+6(<44(
— W('(%)*'<9+)<+'HH<)'&8%*=+H4>46(<%'*6+'*>+&9&$%6(6B
— !4>46(<%'*6+78)+'<4+*)(+>4(4&(4>+'6+6"&8L+;)<+45':H$4+#4&'"64+(849+'<4+;"$$9+)<+H'<(%'$$9
8%>>4*B
— D(4:6+)<+*'<<)7+)#A4&(6+6"&8+'6+7'$$6L+#'<6L+;4*&%*=L+H)6(6L+(<446+)<+='<'=4+>))<6B

?+#9.52#*,(,5>5.*.52#'
R<)*(+.66%6(+:'9+*)(+<4'&(L+:'9+<4'&(+7%(8+'+>4$'9L+)<+:'9+<4'&(+%*+'+7'9+(8'(+%6+*)(+>46%<4>+%*+(84
;)$$)7%*=+6%("'(%)*6T
— C84*+><%@%*=+'<)"*>+(%=8(+&"<@46
— C84*+><%@%*=+%*+84'@9+<'%*L+6*)7L+:%6(L+)<+84'@9+6H<'9B
— C84*+><%@%*=+%*+H'<J%*=+='<'=46+)<+("**4$6B
— C84*+><%@%*=+)*+<)'>6+7%(8+4:#4>>4>+:4('$+)#A4&(6L+6"&8+'6+<'%$<)'>+(<'&J6
— C84*+><%@%*=+%*+<4@4<64
— D;+1WE+%6+<4="$'(%*=+)<+%6+:'$;"*&(%)*%*=B
— C84*+1WE+WH)<(+U>4H4*>%*=+)*+(84+@48%&$4d6+4I"%H:4*(V+%6+67%(&84>+)*+UM+GH4<'(%)*L+[<'J%*=
'66%6('*&4+696(4:6V B
— C84*+K%$$+-46&4*(+E)*(<)$+%6+)H4<'(%)*'$B
— C84*+(84+<'>'<+64*6)<+)<+&':4<'+;%4$>+);+@%47+%6+>%<(9L+)#6(<"&(4>+)<+>':'=4>B
— D;+:"$(%H$4+#<'J4+$%=8(6+)*+(84+@48%&$4+'<4+:'$;"*&(%)*%*=B
— D;+:"$(%H$4+#<'J4+$%=8(6+'<4+:'$;"*&(%)*%*=+)*+'+(<'%$4<+(8'(+%6+&)**4&(4>+()+(84+@48%&$4+4$4&(<%,
&'$+696(4:
— D;+(84+@48%&$4+%6+'&&4$4<'(%*=+@4<9+I"%&J$9+)<+(84+'&&4$4<'()<+H4>'$+%6+H<4664>+'$$+(84+7'9+>)7*
— D*+&):H$45+><%@%*=+6%("'(%)*6L+6"&8+'6+'<)"*>+(<';;%&+%6$'*>6
— D*+"*&$4'<+(<';;%&+6%("'(%)*6L+;)<+45':H$4+%;+@48%&$46+><%@%*=+'84'>+'<4+#<'J%*=+I"%&J$9+)<+'<4
("<*%*=
— D*+$)7,$9%*=+6"*L+>'<J*466+)<+%;+(84<4+%6+=$'<4+;<):+)*&):%*=+@48%&$46B
— C84*+4*(4<%*=+)<+45%(%*=+'+("**4$B
— D;+R<)*(+.66%6(+%6+:'$;"*&(%)*%*=

F"5.9/5#6(233(?%2#.(:''5'.
-4H4*>%*=+)*+(84+696(4:L+R<)*(+.66%6(+:'9+*)(+#4+6"%('#$4+%*+(84+;)$$)7%*=+6%("'(%)*6+'*>+:"6(
#4+67%(&84>+);;+%;+(849+)&&"<+M+ T
— D;+(84+@48%&$4+%6+*)(+#4%*=+><%@4*+)*+H"#$%&+<)'>6L+;)<+45':H$4+>"<%*=+);;,<)'>+><%@%*=+)<+)*+'
<'&4(<'&JB
— D;+(84+@48%&$4+%6+#4%*=+()74>+)<+(<'*6H)<(4>
— D;+'>>,)*6+&)@4<+(84+<'>'<+64*6)<+)<+&':4<'B
— D;+(84+&':4<'+)<+<'>'<+64*6)<+%6+:'$;"*&(%)*%*=B
— D;+(84<4+%6+'+6(<)*=+%:H'&(+'='%*6(+(84+<'>'<+64*6)<L+;)<+45':H$4+';(4<+'+<4'<,4*>+&)$$%6%)*
— D;+(84+7%*>68%4$>+%6+>':'=4>+%*+(84+&':4<'+;%4$>+);+@%47B
— D;+(84<4+'<4+:"$(%H$4+"*7'*(4>+'&(%@'(%)*6
C.2/D/0
D;+9)"+>)+*)(+67%(&8+);;+R<)*(+.66%6(+%*+(84+(8464+6%("'(%)*6L+'&&%>4*(6+'*>+64<%)"6+%*A"<%46+&)"$>
)&&"<B

:+.2#2>2+'(;>$%6$#91(D%*05#6("5./(O$C$'.%5*#()2#5.2%M
5#6

."()*):)"6+1:4<=4*&9+[<'J%*=+7%(8+!4>46(<%'*+a)*%()<%*=+&'*+84$H+()+H<4@4*(+'&&%>4*(6
7%(8+&<)66%*=+H4>46(<%'*6+'*>+&9&$%6(6+)<+<4>"&4+(84+&)*64I"4*&46+);+'*+'&&%>4*(B

384+696(4:+&'*+7'<*+9)"+'#)"(+'*+%:H4*>%*=+&)$$%6%)*L+H<4H'<%*=+(84+@48%&$4+;)<+4:4<=4*&9
#<'J%*=+'*>+6"HH)<(%*=+9)"<+#<'J%*=+)<+&'<<9%*=+)"(+'"():'(%&+#<'J%*=B+R)<+'*+'>@'*&4+7'<*%*=L
(84+<4>+ +7'<*%*=+$%=8(+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9+("<*6+)*B
D;+R<)*(+.66%6(+%6+67%(&84>+)*+'*>+'@'%$'#$4L+(84+."()*):)"6+1:4<=4*&9+[<'J%*=+7%(8+!4>46(<%'*
a)*%()<%*=+&):H)*4*(+);+R<)*(+.66%6(+%6+'$6)+'&(%@4B

C.2/D/0
384+%*(4$$%=4*(+(4&8*)$)=9+);+."()*):)"6+1:4<=4*&9+[<'J%*=+7%(8+!4>46(<%'*+a)*%()<%*=+&'*,
*)(+)@4<&):4+(84+*'("<'$+$'76+);+H896%&6L+'*>+%(+&'*+)*$9+)H4<'(4+7%(8%*+(84+$%:%(6+);+(84+696,
(4:B+-)+*)(+'$$)7+(84+%*&<4'64>+&)*@4*%4*&4+H<)@%>4>+."()*):)"6+1:4<=4*&9+[<'J%*=+7%(8
!4>46(<%'*+a)*%()<%*=+()+(4:H(+9)"+%*()+('J%*=+<%6J6B+384+><%@4<+%6+'$7'96+<46H)*6%#$4+;)<+#<'J,
%*=+'(+(84+&)<<4&(+(%:4B
● C84*+."()*):)"6+1:4<=4*&9+[<'J%*=+7%(8+!4>46(<%'*+a)*%()<%*=+7'<*6+9)"L+#<'J4+(84+@4,
8%&$4+%::4>%'(4$9+)<+:'*4"@4<+'<)"*>+(84+)#A4&(L+>4H4*>%*=+)*+(84+(<';;%&+6%("'(%)*B
● ."()*):)"6+1:4<=4*&9+[<'J%*=+7%(8+!4>46(<%'*+a)*%()<%*=+&'**)(+H<4@4*(+'&&%>4*(6+'*>
64@4<4+%*A"<%46+'"():'(%&'$$9B
● ."()*):)"6+1:4<=4*&9+[<'J%*=+7%(8+!4>46(<%'*+a)*%()<%*=+:'9+=%@4+9)"+"*7'*(4>+7'<*,
%*=6+'*>+H4<;)<:+"**4&466'<9+#<'J%*=+%*(4<@4*(%)*6+%*+&):H$45+><%@%*=+6%("'(%)*6L+;)<+45':,
H$4+784*+'+:'%*+6(<44(+#4*>6+()+(84+<%=8(B
● ."()*):)"6+1:4<=4*&9+[<'J%*=+7%(8+!4>46(<%'*+a)*%()<%*=+:'9+=%@4+9)"+"*7'*(4>+7'<*,
%*=6+'*>+H4<;)<:+"**4&466'<9+#<'J%*=+%*(4<@4*(%)*6+784*+(84+;"*&(%)*+%6+%:H'%<4>L+;)<+45,
':H$4L+%;+(84+<'>'<+64*6)<+%6+&)@4<4>+)<+(84+&':4<'+@%47+;%4$>+%6+>%<(9B
● .$7'96+#4+<4'>9+()+<46":4+&)*(<)$+);+(84+@48%&$4B

F"$%8$('+==2%.

384+674<@4+6"HH)<(+&'*+84$H+()+6(44<+(84+@48%&$4+'<)"*>+'*+)#6('&$4+%*+'+&<%(%&'$+><%@%*=
6%("'(%)*B

D;+9)"+6(44<+()+674<@4+'<)"*>+'*+)#6('&$4+';(4<+'*+"<=4*(+7'<*%*=L+(84+674<@4+6"HH)<(+&'*+84$HB
W74<@4+6"HH)<(+6$)76+%*>%@%>"'$+7844$6+'*>+84$H6+9)"+#9+:'J%*=+'+&)<<4&(%@4+6(44<%*=+%*(4<@4*,
(%)*+78%$4+9)"+'<4+'&(%@4$9+6(44<%*=B
F=$$C(%*#6$
384+674<@4+6"HH)<(+%6+'@'%$'#$4+7%(8%*+'+6H44>+<'*=4+);+'HH<)5%:'(4$9+OP+J:Y8+UQP+:H8V+()
N\P+J:Y8+U`P+:H8VB

U5>5.'
W74<@4+6"HH)<(+>)46+*)(+<4'&(+()+)#A4&(6+'*>+'*%:'$6+&<)66%*=+(84+$'*4B+.$6)+)#64<@4+(84+$%:%(6
);+."()*):)"6+1:4<=4*&9+[<'J%*=+UM+."()*):)"6+1:4<=4*&9+[<'J%*=+UR<)*(+.66%6(VL+b%:,
%(6Y696(4:+$%:%(6V B

!#92>5#6(8$/59,$(4%*05#6("/$#(.+%#5#6

G*&):%*=+@48%&$4+#<'J%*=+784*+("<*%*=+&'*+H<4@4*(+(84+@48%&$4+;<):+&)$$%>%*=+7%(8+'*+)*&):,
%*=+@48%&$4+784*+("<*%*=B

D;+(84<4+%6+'+>'*=4<+(8'(+(84+@48%&$4+&'*+&)$$%>4+7%(8+'*+)*&):%*=+@48%&$4+%*+'*+'>A'&4*(+$'*4
784*+("<*%*=L+(84+)*&):%*=+@48%&$4+#<'J%*=+784*+("<*%*=+;"*&(%)*+#<'J46+9)"<+@48%&$4B+38%6
J44H6+9)"<+@48%&$4+%*+%(6+$'*4B

F=$$C(%*#6$
384+)*&):%*=+@48%&$4+#<'J%*=+784*+("<*%*=+;"*&(%)*+%6+'@'%$'#$4+"H+()+'HH<)5B+N\+J:Y8+U`+:H8VB

U5>5.'
384+)*&):%*=+@48%&$4+#<'J%*=+784*+("<*%*=+;"*&(%)*+%6+)*$9+'@'%$'#$4+%;+9)"+8'@4+("<*4>+(84
6(44<%*=+7844$+'*>+(84<4#9+6('<(4>+(84+("<*%*=+:'*4"@4<B+.;(4<+&8'*=%*=+;<):+<%=8(,8'*>+()
$4;(,8'*>+><%@4L+)<+@%&4+@4<6'L+(84+)*&):%*=+@48%&$4+#<'J%*=+784*+("<*%*=+%6+)*$9+'@'%$'#$4+';(4<+'
&4<('%*+H4<%)>+);+(%:4+UOP+:%*"(46+)<+$)*=4<VB
384+)*&):%*=+@48%&$4+#<'J%*=+784*+("<*%*=+;"*&(%)*+>)46+*)(+<4'&(+()+H4)H$4L+'*%:'$6L+&<)66%*=
@48%&$46+)<+)#A4&(6+(8'(+'<4+*)(+>4(4&(4>+'6+'+@48%&$4B+.$6)+)#64<@4+(84+$%:%(6+);+."()*):)"6
1:4<=4*&9+[<'J%*=+UM+."()*):)"6+1:4<=4*&9+[<'J%*=+UR<)*(+.66%6(VL+b%:%(6Y696(4:+$%:%(6V B

W'5#6(?%2#.(:''5'.

C84*+9)"+67%(&8+)*+(84+%=*%(%)*L+R<)*(+.66%6(L+7%(8+'$$+);+%(6+;"*&(%)*6+U>4H4*>%*=+)*+(84+&)"*,
(<9VL+'<4+'"():'(%&'$$9+67%(&84>+)*B

K)74@4<L+R<)*(+.66%6(+%6+*)(+'@'%$'#$4+)<+%(6+'@'%$'#%$%(9+%6+<46(<%&(4>+78%$4+(84+%*>%&'()<+$%=8(
%6+("<*4>+)*B
X)$J67'=4*+<4&)::4*>6+'$7'96+$4'@%*=+R<)*(+.66%6(+'*>+'$$+%(6+%*&$">4>+;"*&(%)*6+U>4H4*>%*=+)*
(84+&)"*(<9V+67%(&84>+)*B+15&4H(%)*6+UM+."()*):)"6+1:4<=4*&9+[<'J%*=+UR<)*(+.66%6(VL+b%:,
%(6Y696(4:+$%:%(6V B

F"5.9/5#6(2#(*#C(233
— W7%(&8+R<)*(+.66%6(+)*+)<+);;+%*+(84+.66%6('*&4+696(4:6+:4*"+%*+(84+D*;)('%*:4*(+696(4:+UM
X48%&$4+64((%*=6+:4*"L+GH4<'(%)*V B

D;+9)"+67%(&8+);;+R<)*(+.66%6(L+'$$+(84+;"*&(%)*6+%*&$">4>+%*+%(+U>4H4*>%*=+)*+(84+&)"*(<9V+'<4
'$6)+67%(&84>+);;B+384+94$$)7+%*>%&'()<+$%=8(+("<*6+)*+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9B

F$..5#6(+=(5#9,+C$C(3+#9.52#'(
F$..5#6(+=(5#9,+C$C(3+#9.52#'(HC$=$#C5#6(2#(./$(92+#.%1I
HC$=$#C5#6(2#(./$(92+#.%1I
D;+R<)*(+.66%6(+%6+67%(&84>+)*L+9)"+&'*+'>A"6(+(84+;)$$)7%*=+64((%*=6T
— W7%(&8+(84+;"*&(%)*+9)"+<4I"%<4+)*+)<+);;+%*+(84+.66%6('*&4+696(4:6+:4*"+%*+(84+D*;)('%*:4*(
696(4:+UM+X48%&$4+64((%*=6+:4*"L+GH4<'(%)*V B

n)"+&'*+'$6)+'>A"6(+(84+7'<*%*=+(%:4+64((%*=+;)<+(84+'>@'*&4+7'<*%*=B

W):4+64((%*=6+&'*+#4+6'@4>+%*+(84+><%@4<+H4<6)*'$%?'(%)*+"64<+H<);%$46+'*>+&8'*=4+'"(),
:'(%&'$$9+784*+H<);%$46+'<4+67%(&84>+UM+-<%@4<+H4<6)*'$%?'(%)*L+-46&<%H(%)*V B

K%2+4,$'/22.5#6

(:+.2#2>2+'(;>$%6$#91(D%*05#6(
(:+.2#2>2+'(;>$%6$#91(D%*05#6(H?%2#.(:''5'.I
H?%2#.(:''5'.I('.*%.'b
('.*%.'b
384+78%(4+%*>%&'()<+$%=8(+&):46+)*B
— ."()*):)"6+1:4<=4*&9+[<'J%*=+UR<)*(+.66%6(V+%6+(4:H)<'<%$9+*)(+'@'%$'#$4+)<+8'6+$%:%(4>+'@'%$,
'#%$%(9B+.;(4<+><%@%*=+6(<'%=8(+;)<+'+68)<(+>%6('*&4L+."()*):)"6+1:4<=4*&9+[<'J%*=+%6+'@'%$'#$4
'='%*+'*>+(84+%*>%&'()<+$%=8(+=)46+)"(B+D;+(84+@48%&$4+>)46+*)(+><%@4L+(84+%*>%&'()<+$%=8(+6('96+)*B

(:+.2#2>2+'(;>$%6$#91(D%*05#6(
(:+.2#2>2+'(;>$%6$#91(D%*05#6(H?%2#.(:''5'.I
H?%2#.(:''5'.I(#2.(*8*5,*4,$
(#2.(*8*5,*4,$
2%(/*'(,5>5.$C(*8*5,*45,5.1b
384+94$$)7+%*>%&'()<+$%=8(+&):46+)*+'*>+'+:466'=4+%6+'$6)+>%6H$'94>B
— 384+<'>'<+64*6)<+)<+&':4<'+;%4$>+);+@%47+%6+>%<(9B+E$4'*+(84+<'>'<+64*6)<+'*>+7%*>68%4$>+UM+X4,
8%&$4+&'<4L+-46&<%H(%)*V B
— 384+@%6%#%$%(9+);+(84+<'>'<+64*6)<+)<+&':4<'+%6+$%:%(4>+>"4+()+74'(84<+&)*>%(%)*6L+6"&8+'6+6*)7L
)<+;<):+6)'H+<46%>"4+)<+&)'(%*=6B+E$4'*+(84+<'>'<+64*6)<+'*>+7%*>68%4$>+UM+X48%&$4+&'<4L+-4,
6&<%H(%)*V B
— 2'>'<+64*6)<+@%6%#%$%(9+%6+$%:%(4>+#9+'(('&8:4*(6L+>4&)<'(%@4+;<':46+)*+$%&4*64+H$'(4+8)$>4<6L+)<
6(%&J4<6B+E$4'<+(84+'<4'+'<)"*>+(84+<'>'<+64*6)<B
— E':4<'+@%6%#%$%(9+%6+$%:%(4>+#9+'>>,)*+H'<(6+)<+6(%&J4<6B+S44H+(84+'<4'+'<)"*>+(84+&':4<'+;%4$>
);+@%47+&$4'<B
— 384+<'>'<+64*6)<+)<+(84+&':4<'+%6+:%6'$%=*4>+)<+>':'=4>L+;)<+45':H$4+'6+'+<46"$(+);+>':'=4
()+(84+;<)*(+);+(84+@48%&$4+)<+(84+7%*>68%4$>B+E84&J+%;+(84<4+%6+*)(%&4'#$4+>':'=4+UM+24H'%<6
'*>+(4&8*%&'$+:)>%;%&'(%)*6L+W('*>'<>6Y>%<4&(%@46V B
— !'%*(%*=+7)<J+7'6+&'<<%4>+)"(+)*+)<+6(<"&("<'$+:)>%;%&'(%)*6+74<4+:'>4+()+(84+;<)*(+);+(84
@48%&$4B
— 384+)<%=%*'$+XC+4:#$4:+%6+*)(+"64>B
— D;+(84+:'$;"*&(%)*+H4<6%6(6L+("<*+);;+R<)*(+.66%6(+'*>+&)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<
)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B

?%2#.(:''5'.(5'(#2.(3+#9.52#5#6(*'($<=$9.$C(2%(/*'(4$$#(.%566$%$C
>+,.5=,$(.5>$'(+##$9$''*%5,1b
— 384+<'>'<+64*6)<+)<+&':4<'+;%4$>+);+@%47+%6+>%<(9B+E$4'*+(84+<'>'<+64*6)<+'*>+7%*>68%4$>+UM+X4,
8%&$4+&'<4L+-46&<%H(%)*V B
— 384+696(4:+$%:%('(%)*6+'<4+*)(+'>84<4>+()+UM+."()*):)"6+1:4<=4*&9+[<'J%*=+UR<)*(+.66%6(VL
b%:%(6Y696(4:+$%:%(6V B
— b)7,$9%*=+6"*+)<+>'<J*466B
— D;+(84+:'$;"*&(%)*+H4<6%6(6L+("<*+);;+R<)*(+.66%6(+'*>+&)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<
)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B

U*#$(\$$=5#6(F1'.$>(HU*#$(:''5'.I

G#.%2C+9.52#

b'*4+.66%6(+84$H6+(84+><%@4<+()+6('9+%*+'+$'*4L+7%(8%*+(84+696(4:+$%:%('(%)*6B+38%6+;"*&(%)*+%6+*)(
6"%('#$4+;)<L+'*>+*)(+>46%=*4>+;)<L+'"()*):)"6$9+J44H%*=+9)"<+@48%&$4+%*+'+$'*4B

b'*4+.66%6(+>4(4&(6+(84+$'*4+:'<J4<6+"6%*=+'+&':4<'+)*+(84+7%*>68%4$>B+D;+(84+696(4:+>4(4&(6
(8'(+(84+@48%&$4+%6+&):%*=+())+&$)64+()+'+$'*4+:'<J4<L+(84+696(4:+7'<*6+(84+><%@4<+7%(8+&)<<4&(%@4
6(44<%*=B+384+><%@4<+&'*+)@4<<%>4+(84+&)<<4&(%@4+6(44<%*=+'(+'*9+(%:4B

F1'.$>(,5>5.*.52#'
G*$9+"64+b'*4+.66%6(+)*+45H<4667'96+'*>+74$$,>4@4$)H4>+<)'>6B
384+696(4:+%6+*)(+'@'%$'#$4+"*>4<+(84+;)$$)7%*=+&)*>%(%)*6T
— 384+@48%&$4+6H44>+%6+$466+(8'*+'<)"*>+\\+J:Y8+U'<)"*>+OP+:H8VB
— b'*4+.66%6(+8'6+*)(+>4(4&(4>+'+<)'>+$'*4+:'<J%*=B
— D*+(%=8(+&"<@46
— 34:H)<'<%$9L+784*+(84+><%@%*=+6(9$4+%6+@4<9+>9*':%&B
C.2/D/0
384+%*(4$$%=4*(+(4&8*)$)=9+);+b'*4+.66%6(+&'**)(+)@4<&):4+(84+*'("<'$+$'76+);+H896%&6+'*>+%(
&'*+)*$9+)H4<'(4+7%(8%*+(84+$%:%(6+);+(84+696(4:B+E'<4$466+)<+"*%*(4*>4>+"64+);+b'*4+.66%6(+&'*
&'"64+'&&%>4*(6+'*>+64<%)"6+%*A"<%46B+384+696(4:+&'**)(+<4H$'&4+(84+><%@4<c6+'((4*(%)*+'*>
6(44<%*=B
● .$7'96+'>'H(+9)"<+6H44>+'*>+>%6('*&4+()+@48%&$46+'84'>+#'64>+)*+(84+@%6"'$L+74'(84<L+<)'>L
'*>+(<';;%&+&)*>%(%)*6B
● .$7'96+J44H+9)"<+8'*>6+)*+(84+6(44<%*=+7844$+6)+(8'(+9)"+'<4+H<4H'<4>+()+6(44<+'(+'*9+(%:4B
384+><%@4<+%6+'$7'96+<46H)*6%#$4+;)<+J44H%*=+(84+@48%&$4+7%(8%*+(84+$'*4B
● b'*4+.66%6(+>)46+*)(+>4(4&(+'$$+$'*4+:'<J%*=6B+F*>4<+&4<('%*+&%<&":6('*&46L+b'*4+.66%6(+:'9
%*&)<<4&($9+>4(4&(+H))<+<)'>+6"<;'&46L+<)'>+6(<"&("<46L+)<+)#A4&(6+'6+$'*4+:'<J%*=6B+G@4<<%>4
%::4>%'(4$9+%;+(84+696(4:+%*(4<@4*46+784*+%(+68)"$>+*)(B
● !'9+'((4*(%)*+()+%*>%&'()<6+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9+'*>+<46H)*>+()+(84+H<):H(6+'&,
&)<>%*=$9+784*+(84+3<';;%&+W%("'(%)*+'$$)76B
● D*+(84+;)$$)7%*=+6%("'(%)*6L+(84+b'*4+.66%6(+:'9+%*(4<@4*4+784*+*)(+>46%<4>+)<+:'9+;'%$+()
%*(4<@4*4+784*+%(+68)"$>B+384<4;)<4L+(84+><%@4<d6+'((4*(%)*+%6+46H4&%'$$9+%:H)<('*(+%*+(8464
6&4*'<%)6+'*>+9)"+:'9+8'@4+()+67%(&8+);;+b'*4+.66%6(+(4:H)<'<%$9B
● C84*+><%@%*=+7%(8+'+@4<9+6H)<(9+><%@%*=+6(9$4
● C84*+74'(84<+)<+<)'>+&)*>%(%)*6+'<4+H))<
● D*+&)*6(<"&(%)*+?)*46
● D*+;<)*(+);+#":H6+)<+>%H6+%*+(84+<)'>
● .$7'96+H'9+'((4*(%)*+()+(84+'<4'+'<)"*>+9)"<+@48%&$4+'*>+><%@4+7%(8+'*(%&%H'(%)*B
● D;+(84+&':4<'+$4*6+%6+>%<(9L+&)@4<4>L+)<+>':'=4>L+b'*4+.66%6(+:'9+#4+$%:%(4>B

A%585#6("5./(U*#$(:''5'.

F"5.9/5#6(2#(*#C(233
-4H4*>%*=+)*+(84+&)"*(<9L+b'*4+.66%6(+'$7'96+67%(&846+)*+';(4<+67%(&8%*=+)*+(84+%=*%(%)*B+n)"
&'*+'$6)+67%(&8+b'*4+.66%6(+)*+'*>+);;+%*+(84+.66%6('*&4+696(4:6+:4*"+%*+(84+D*;)('%*:4*(+696,
(4:+'*>+(84+%*6(<":4*(+&$"6(4<+'*>+644+(84+67%(&84>+)*+&)*>%(%)*+(84<4B

D;+(84<4+%6+'+696(4:+:'$;"*&(%)*L+b'*4+.66%6(+&'*+("<*+);;+'"():'(%&'$$9B

F=$$C(%*#6$
b'*4+.66%6(+%6+<4'>9+()+('J4+&)*(<)$+U'&(%@4+696(4:+6('("6V+784*+'+<)'>+$'*4+:'<J%*=+%6+>4(4&(4>
'#)@4+'HH<)5%:'(4$9+O\+:H8+U]P+J:Y8VB

A5'=,*1'
R%=B+
R%=B+NN+ D*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9T+b'*4+.66%6(+%*>%&'()<6B

N b'*4+:'<J4<+>4(4&(4>B+384+696(4:+%6+:)*%()<%*=+)*+(84+%*>%&'(4>+6%>4B
Q b'*4+:'<J4<+>4(4&(4>B+384+696(4:+%6+*)(+<4="$'(%*=B

-4H4*>%*=+)*+(84+@48%&$4+4I"%H:4*(L+'+>%6H$'9+:'9+'$6)+'HH4'<+%*+(84+84'>,"H+>%6H$'9+UM+K4'>,
"H+>%6H$'9L+-46&<%H(%)*V B
384+;)$$)7%*=+%*>%&'()<+$%=8(6+:'9+("<*+)*+>4H4*>%*=+)*+(84+><%@%*=+6%("'(%)*T

W96(4:+'&(%@4+'*>+<4'>9+()+&)*(<)$B

W96(4:+%*+)H4<'(%)*+U&)<<4&(%@4+6(44<%*=+%*(4<@4*(%)*VB

D;+(84+%*>%&'()<+$%=8(+>)46+*)(+$%=8(+"HL+(84+696(4:+%6+*)(+<4'>9+;)<+)H4<'(%)*+UH'66%@4+696(4:+6(',
("6V+)<+%6+67%(&84>+);;B
D;+(84+("<*+6%=*'$+%6+67%(&84>+)*L+(84+696(4:+(4:H)<'<%$9+67%(&846+()+H'66%@4+()+4*'#$4+'+:'*"'$
$'*4+&8'*=4B
.+68'<H+6(44<%*=+%*(4<@4*(%)*+#9+(84+><%@4<+64(6+(84+696(4:+()+H'66%@4+:)>4+(4:H)<'<%$9B

A%58$%(5#.$%8$#.52#(%$[+$'.
D;+(84<4+%6+*)+6(44<%*=+'&(%@%(9L+(84+696(4:+H<):H(6+(84+><%@4<+()+><%@4+%*+(84+&4*(4<+);+(84%<+$'*4
"6%*=+'*+%*>%&'()<+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9+'*>+7'<*%*=+&8%:46B
D;+(84+><%@4<+>)46+*)(+<46H)*>+'&&)<>%*=$9L+(84+696(4:+#4&):46+%*'&(%@4B
D*>4H4*>4*($9+);+6(44<%*=+'&(%@%(9L+(84+><%@4<+%6+'$6)+<4I"46(4>+7%(8+'*+%*>%&'()<+)*+(84+%*6(<",
:4*(+&$"6(4<+>%6H$'9+'*>+7%(8+'*+'&)"6(%&+7'<*%*=+()+><%@4+%*+(84+:%>>$4+);+(84+$'*4+%;+(84+&)<<4&,
(%@4+6(44<%*=+%*(4<@4*(%)*+('J46+'+$)*=+(%:4B

F.$$%5#6("/$$,(854%*.52#
384+;)$$)7%*=+6%("'(%)*6+:'9+&'"64+(84+6(44<%*=+7844$+()+@%#<'(4T
— .+$'*4+%6+*)+$)*=4<+>4(4&(4>+>"<%*=+'+68'<H+&)<<4&(%@4+6(44<%*=+%*(4<@4*(%)*+#9+(84+696(4:B

D*+'>>%(%)*L+(84+<$>6"&$'(
<$>6"&$'(+)<+A&//6$(%1C://,1#$>6"&$'(
A&//6$(%1C://,1#$>6"&$'(+)H(%)*+&'*+#4+64$4&(4>+%*+(84+@48%&$4
64((%*=6+);+(84+D*;)('%*:4*(+696(4:B+D;+9)"+64$4&(+(8%6+)H(%)*L+(84+6(44<%*=+7844$+7%$$+@%#<'(4+%;
b'*4+.66%6(+%6+'&(%@4+'*>+9)"+><%;(+)*()+'+<)'>+$'*4+:'<J%*=+(8'(+(84+696(4:+8'6+>4(4&(4>B

K%2+4,$'/22.5#6

(U*#$(:''5'.(#2.(*8*5,*4,$
384+94$$)7+%*>%&'()<+$%=8(+("<*6+)*B+.+:466'=4+%6+'$6)+68)7*+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9B
— 384+&':4<'+@%47+%6+>%<(9B+E$4'*+(84+7%*>68%4$>+UM+X48%&$4+&'<4L+-46&<%H(%)*V B
— 384+&':4<'d6+@%47+%6+$%:%(4>+>"4+()+74'(84<+&)*>%(%)*6L+6"&8+'6+6*)7L+)<+;<):+6)'H+<46%>"4+)<
&)'(%*=6B+E$4'*+(84+7%*>68%4$>+UM+X48%&$4+&'<4L+-46&<%H(%)*V B
— E':4<'+@%6%#%$%(9+%6+$%:%(4>+#9+'>>,)*+H'<(6+)<+6(%&J4<6B+S44H+(84+'<4'+'<)"*>+(84+&':4<'+;%4$>
);+@%47+&$4'<B
— 384+&':4<'+%6+:%6'$%=*4>+)<+>':'=4>L+;)<+45':H$4+'6+'+<46"$(+);+>':'=4+()+(84+7%*>68%4$>B
E84&J+%;+(84<4+%6+*)(%&4'#$4+>':'=4+UM+24H'%<6+'*>+(4&8*%&'$+:)>%;%&'(%)*6L+W('*>'<>6Y>%<4&,
(%@46V B
— a'$;"*&(%)*+)<+;'"$(B+-4'&(%@'(4+(84+@48%&$4c6+><%@4+696(4:+'*>+'&(%@'(4+%(+'='%*B
— D;+(84+:'$;"*&(%)*+&)*(%*"46L+&)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67',
=4*+W4<@%&4+R'&%$%(9B

E84&J%*=+;)<+696(4:+4<<)<6+:'9+('J4+'+;47+64&)*>6+';(4<+67%(&8%*=+)*+(84+%=*%(%)*B

D;+b'*4+.66%6(+%6+*)(+'@'%$'#$4L+1:4<=4*&9+.66%6(+%6+*)(+'@'%$'#$4+4%(84<B

D;+b'*4+.66%6(+%6+*)(+'@'%$'#$4L+3<'@4$+.66%6(+%6+*)(+'@'%$'#$4+4%(84<B

K/$('1'.$>(5'(3+#9.52#5#6(C533$%$#.,1(./*#($<=$9.$C
— -)+*)(+:)"*(+'*9+)#A4&(6+)*+(84+6(44<%*=+7844$B
E2>32%.(C%58$(K%*8$,(:''5'.

G#.%2C+9.52#

384+&):;)<(+><%@4+3<'@4$+.66%6(+&):#%*46+(84+.>'H(%@4+E<"%64+E)*(<)$+U.EEV+7%(8+(84+'>'H(%@4
$'*4+="%>'*&4B+384<4;)<4L+7%(8%*+(84+696(4:+$%:%('(%)*6L+(84+@48%&$4+&'*+:'%*('%*+'+>%6('*&4L
78%&8+8'6+#44*+H<464$4&(4>+#9+(84+><%@4<L+()+(84+@48%&$4+%*+;<)*(+'*>+8)$>+(84+H<4;4<<4>+H)6%,
(%)*+7%(8%*+(84+$'*4B

3<'@4$+.66%6(+"646+(84+6':4+64*6)<+(4&8*)$)=9+'6+(84+.>'H(%@4+E<"%64+E)*(<)$+U.EEV+'*>+(84+$'*4
J44H%*=+696(4:+Ub'*4+.66%6(VB+E'<4;"$$9+<4'>+'$$+(84+%*;)<:'(%)*+'#)"(+(84+.>'H(%@4+E<"%64+E)*(<)$
U.EEV+UM+-46&<%H(%)*L+.EEV +'*>+b'*4+.66%6(+UM+-46&<%H(%)*L+b'*4+S44H%*=+W96(4:+Ub'*4+.66%6(VV
'*>+('J4+*)(4+);+(84+696(4:+$%:%('(%)*6+'*>+*)(46+6H4&%;%4>+%*+(8)64+64&(%)*6B

F=$$C(%*#6$
3<'@4$+.66%6(+)H4<'(46+%*+'+6H44>+<'*=4+#4(744*+'<)"*>+OP+J:Y8+U'HH<)5%:'(4$9+QP+:H8V+'*>
'<)"*>+QNP+J:Y8+U'HH<)5%:'(4$9+NOP+:H8VB+38%6+<'*=4+%6+45H'*>4>+()L+;<):+P+J:Y8+UP+:H8V+()
'<)"*>+Q\P+J:Y8+U'HH<)5%:'(4$9+N\\+:H8VL+;)<+(84+'>'H(%@4+$'*4+="%>'*&4B+38%6+6H44>+<'*=4+:'9
@'<9+>4H4*>%*=+)*+(84+:'<J4(B

A%585#6("5./(K%*8$,(:''5'.
3<'@4$+.66%6(+%*>4H4*>4*($9+&)*(<)$6+(84+'&&4$4<'()<L+#<'J4+'*>+6(44<%*=B+C%(8%*+(84+696(4:+$%:%,
('(%)*6L+3<'@4$+.66%6(+&'*+'$6)+#<%*=+(84+@48%&$4+()+'+8'$(+#48%*>+'+6()HH%*=+@48%&$4+'*>+><%@4+)*
'='%*B
n)"+&'*+)@4<<%>4+(84+3<'@4$+.66%6(+'(+'*9+(%:4B

A2$'(./5'(8$/59,$(/*8$(K%*8$,(:''5'.T
384+@48%&$4+8'6+3<'@4$+.66%6(+%;+(84+ +#"(()*+%6+%*6('$$4>+)*+(84+:"$(%,;"*&(%)*+6(44<%*=+7844$B

A5'=,*1'
R%=B+
R%=B+NN+ D*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9T+-%6H$'9+>"<%*=+'&(%@4+&)*(<)$B

N .>'H(%@4+$'*4+="%>'*&4+%6+'&(%@4B
Q W4(+>%6('*&4B

-4H4*>%*=+)*+(84+@48%&$4+4I"%H:4*(L+'+>%6H$'9+:'9+'$6)+'HH4'<+%*+(84+84'>,"H+>%6H$'9+UM+K4'>,
"H+>%6H$'9L+-46&<%H(%)*V B
D*>%&'()<+$%=8(6+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9+'$6)+68)7+(84+3<'@4$+.66%6(+6('("6L+>4H4*>%*=+)*
(84+@48%&$4+4I"%H:4*(T

3<'@4$+.66%6(+'&(%@4L+.>'H(%@4+E<"%64+E)*(<)$+'*>+'>'H(%@4+$'*4+="%>'*&4+'&(%@4B

3<'@4$+.66%6(+'&(%@4L+.>'H(%@4+E<"%64+E)*(<)$+'&(%@4+'*>+'>'H(%@4+$'*4+="%>'*&4+H'66%@4B

3<'@4$+.66%6(+'&(%@4L+.>'H(%@4+E<"%64+E)*(<)$+H'66%@4+'*>+'>'H(%@4+$'*4+="%>'*&4+'&(%@4B

3<'@4$+.66%6(+'&(%@4L+.>'H(%@4+E<"%64+E)*(<)$+H'66%@4+'*>+'>'H(%@4+$'*4+="%>'*&4+H'66%@4B

3<'@4$+.66%6(+%*'&(%@4B

A%58$%(5#.$%8$#.52#(%$[+$'.
D;+9)"+<4:)@4+9)"<+8'*>6+;<):+(84+6(44<%*=+7844$L+(84+696(4:+7%$$+'6J+9)"+()+('J4+)@4<+(84
6(44<%*=+7844$+';(4<+'+;47+64&)*>6+7%(8+'+:466'=4+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9+'*>+7%(8+'",
>%#$4+7'<*%*=6B
D;+9)"+>)*d(+<4'&(L+(84+696(4:+7'<*6+9)"+7%(8+'+#<%4;L+#<'J%*=+A)$(+'*>+'+#<%4;+(%=8(4*%*=+);+(84
64'(+#4$(+U>4H4*>%*=+)*+@48%&$4+4I"%H:4*(VB+3<'@4$+.66%6(+%6+(84*+>4'&(%@'(4>+)<+1:4<=4*&9+.66%6(
%6+'&(%@'(4>+U>4H4*>%*=+)*+@48%&$4+4I"%H:4*(VB

C.2/D/0
384+%*(4$$%=4*(+(4&8*)$)=9+);+(84+3<'@4$+.66%6(+&'**)(+)@4<&):4+(84+*'("<'$+$'76+);+H896%&6L+'*>
%(+&'*+)*$9+)H4<'(4+7%(8%*+(84+$%:%(6+);+(84+696(4:B+E'<4$466+)<+"*%*(4*>4>+"64+);+(84+3<'@4$+.6,
6%6(+&'*+&'"64+'&&%>4*(6+'*>+64<%)"6+%*A"<%46B+384+696(4:+&'**)(+<4H$'&4+(84+><%@4<d6+'((4*(%)*B
● !'9+'((4*(%)*+()+(84+696(4:+$%:%('(%)*6+'*>+(84+*)(46+'#)"(+(84+.>'H(%@4+E<"%64+E)*(<)$
U.EEV+'*>+(84+$'*4+J44H%*=+696(4:+Ub'*4+.66%6(VB
● .$7'96+'>'H(+9)"<+6H44>+'*>+>%6('*&4+()+@48%&$46+><%@%*=+'84'>+#'64>+)*+(84+@%6"'$L+74'(8,
4<L+<)'>L+'*>+(<';;%&+&)*>%(%)*6B
● /4@4<+"64+3<'@4$+.66%6(+784*+@%6%#%$%(9+%6+H))<+)<+784*+<)'>6+'<4+6(44HL+7%*>%*=L+;$))>4>L+)<
6$%HH4<9L+;)<+45':H$4+;<):+6*)7L+%&4L+:)%6("<4L+)<+=<'@4$B
● /4@4<+"64+3<'@4$+.66%6(+784*+><%@%*=+);;,<)'>+)<+)*+"*H'@4>+<)'>6B+3<'@4$+.66%6(+%6+)*$9+>4,
6%=*4>+;)<+"64+)*+H'@4>+<)'>6B
● 3<'@4$+.66%6(+>)46+*)(+<4'&(+()+H4<6)*6L+'*%:'$6L+@48%&$46+&<)66%*=+(84+$'*4+)<+@48%&$46+&):,
%*=+()7'<>6+9)"+%*+(84+6':4+$'*4B
● .HH$9+(84+#<'J46+%::4>%'(4$9+%;+(84+>4&4$4<'(%)*+#9+3<'@4$+.66%6(+%6+*)(+6";;%&%4*(B
● .HH$9+(84+#<'J46+%::4>%'(4$9+%;+'+#<'J%*=+H<):H(+'HH4'<6+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9B
● .HH$9+(84+#<'J46+%;+(84+@48%&$4+&)*(%*"46+()+<)$$+"*%*(4*(%)*'$$9+';(4<+'+#<'J%*=+H<):H(B
● .$7'96+J44H+9)"<+8'*>6+)*+(84+6(44<%*=+7844$+6)+(8'(+9)"+'<4+H<4H'<4>+()+6(44<+'(+'*9+(%:4B
384+><%@4<+%6+'$7'96+<46H)*6%#$4+;)<+J44H%*=+(84+@48%&$4+7%(8%*+(84+$'*4B
● C84*+'+><%@4<+%*(4<@4*(%)*+H<):H(+'HH4'<6+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9L+<46":4+&)*(<)$
);+(84+@48%&$4+%::4>%'(4$9B
● .$7'96+#4+<4'>9+()+<46":4+&)*(<)$+);+(84+@48%&$4+6H44>B

!=$%*.5#6(K%*8$,(:''5'.
R%=B+
R%=B+NN+ b4;(+6%>4+);+(84+:"$(%,;"*&(%)*+6(44<%*=+7844$T+#"(()*6+;)<+3<'@4$+.66%6(+)H4<'(%)*B

F"5.9/5#6(2#
— !<466+(84+ +#"(()*+)*+(84+:"$(%,;"*&(%)*+6(44<%*=+7844$B

384+=<44*+ +%*>%&'()<+$%=8(+("<*6+)*B+.+:466'=4+'$6)+'HH4'<6+)*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9B
3<'@4$+.66%6(+:'%*('%*6+(84+&"<<4*(+6H44>+'*>+(84+H<464(+>%6('*&4+;<):+(84+@48%&$4+><%@%*=+'84'>B
.(+(84+6':4+(%:4L+(84+@48%&$4+%6+J4H(+%*+%(6+$'*4+784*+<)'>+:'<J%*=6+'<4+>4(4&(4>+#9+6(44<%*=
:)@4:4*(6B

E*#9$,5#6(:C*=.58$(E%+5'$(E2#.%2,
— !<466+(84+ +#"(()*+#<%4;$9+)<+H<466+(84+#<'J4+H4>'$B

384+64(+>%6('*&4+<4:'%*6+6'@4>B

:CN+'.5#6(3+%./$%('$..5#6'
384+;"<(84<+)H4<'(%)*+);+3<'@4$+.66%6(+&)<<46H)*>6+()+)H4<'(%)*+);+.EE+UM+W4((%*=6L+.EEV B

K%2+4,$'/22.5#6
(K%*8$,(:''5'.(5'(#2.(*8*5,*4,$(2%(5'(#2.(3+#9.52#5#6(*'
$<=$9.$Cb
384+94$$)7+%*>%&'()<+$%=8(+("<*6+)*B+.+:466'=4+%6+'$6)+68)7*+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9B
— 384<4+%6+'+:'$;"*&(%)*+%*+(84+64*6)<+696(4:B+E84&J+(84+&'"646+'*>+(<)"#$468))(%*=+:4'6"<46
>46&<%#4>+%*+(84+&8'H(4<6+;)<+.EE+UM+R.eL+.EEV +)<+b'*4+.66%6(+UM+R.eL+b'*4+S44H%*=+W96(4:
Ub'*4+.66%6(VV B
— 384+696(4:+$%:%('(%)*6+'<4+*)(+'>84<4>+()B
— D;+(84+:'$;"*&(%)*+&)*(%*"46L+&)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67',
=4*+W4<@%&4+R'&%$%(9B

(2%( (.*0$(28$%('.$$%5#6b
384+78%(4+)<+<4>+7'<*%*=+$%=8(+7%$$+&):4+)*L+>4H4*>%*=+)*+8)7+"<=4*($9+9)"+*44>+()+%*(4<@4*4B+.
(45(+:466'=4+7%$$+'$6)+#4+>%6H$'94>B
— n)"+8'@4+$4(+=)+);+(84+6(44<%*=+7844$+;)<+'+;47+64&)*>6B+3'J4+8)$>+);+(84+6(44<%*=+7844$+'*>
('J4+)@4<+6(44<%*=+(84+@48%&$4B
— 384+696(4:+$%:%(6+8'@4+#44*+<4'&84>B+3'J4+8)$>+);+(84+6(44<%*=+7844$+'*>+('J4+)@4<+6(44<%*=
(84+@48%&$4B

E2>32%.(C%58$(K%*8$,(:''5'.('"5.9/$'(233(*+.2>*.59*,,1b
— X48%&$46+7%(8)"(+1:4<=4*&9+.66%6(T+n)"+8'@4+$4(+=)+);+(84+6(44<%*=+7844$+;)<+'+$)*=+H4<%)>+);
(%:4B
— a'$;"*&(%)*B+04(+H<);466%)*'$+'66%6('*&4B

E2#.%2,(5'(9*#9$,$C(+#$<=$9.$C,1b
— X48%&$4+7%(8)"(+'"()+$'*4+&8'*=%*=T+n)"+8'@4+)H4<'(4>+(84+("<*+6%=*'$B

F$>5M*+.2>*.59(8$/59,$(92#.%2,(5#(*(>$C59*,($>$%6$#91(H;>$%M
6$#91(:''5'.I

1:4<=4*&9+.66%6(+&'*+>4(4&(+><%@4<+%*'&(%@%(9+'*>+J44H+(84+@48%&$4+%*+$'*4+'*>L+%;+*4&466'<9L+#<'J4
(84+@48%&$4+()+'+6('*>6(%$$B+384+696(4:+&'*+84<4#9+'&(%@4$9+84$H+()+'@)%>+'*+'&&%>4*(+)<+<4>"&4+(84
&)*64I"4*&46+);+'*+'&&%>4*(B

1:4<=4*&9+.66%6(+"646+(84+6':4+64*6)<+(4&8*)$)=9+'6+.>'H(%@4+E<"%64+E)*(<)$+U.EEV+'*>+(84+b'*4
S44H%*=+W96(4:+Ub'*4+.66%6(VB+E'<4;"$$9+<4'>+'$$+(84+%*;)<:'(%)*+'#)"(+(84+.>'H(%@4+E<"%64+E)*(<)$
U.EEV+UM+-46&<%H(%)*L+.EEV +'*>+b'*4+.66%6(+UM+-46&<%H(%)*L+b'*4+S44H%*=+W96(4:+Ub'*4+.66%6(VV +'*>
('J4+*)(4+);+(84+696(4:+$%:%('(%)*6+'*>+*)(46+6H4&%;%4>+%*+(8)64+64&(%)*6B
F1'.$>(3+#9.52#
1:4<=4*&9+.66%6(+H<):H(6+'*+%*'&(%@4+><%@4<+()+('J4+)@4<+&)*(<)$+);+><%@%*=B+38%6+%*@)$@46+@%6"'$+'*>
'">%#$4+7'<*%*=6L+'6+74$$+'6+'+#<%4;+#<'J%*=+:'*4"@4<B+D;+(84+><%@4<+>)46+*)(+<46H)*>+'&&)<>%*=$9L+>4,
H4*>%*=+)*+(84+@48%&$4+4I"%H:4*(L+(84+6';4(9+#4$(+%6+(%=8(4*4>B+384+696(4:+7%$$+#<'J4+(84+@48%&$4+'*>
J44H+%(+%*+$'*4B
n)"+&'*+)@4<<%>4+(84+<4="$'(%)*+'(+'*9+(%:4+#9+6(44<%*=L+'&&4$4<'(%*=+68'<H$9+)<+#<'J%*=B
C8%$4+1:4<=4*&9+.66%6(+%6+'&(%@4L+)(84<+<)'>+"64<6+7%$$+#4+7'<*4>+'6+;)$$)76T
— 384+4:4<=4*&9+;$'684<6+'<4+67%(&84>+)*+';(4<+'+68)<(+>4$'9B
— 384+@48%&$4d6+8)<*+6)"*>6+U>4H4*>%*=+)*+(84+6H44>VB

.6+6))*+'6+(84+@48%&$4+&):46+()+'+6('*>6(%$$L+(84+;)$$)7%*=+8'HH4*6T
— 384+>))<6+'<4+"*$)&J4>B
— 384+%*(4<%)<+$%=8(%*=+%6+67%(&84>+)*B
— -4H4*>%*=+)*+(84+@48%&$4+4I"%H:4*(L+'*+4:4<=4*&9+&'$$+U4E'$$V+%6+%*%(%'(4>B
— 384+4$4&(<)*%&+H'<J%*=+#<'J4+%6+4*='=4>B

F"5.9/5#6(2#(*#C(233
n)"+&'*+67%(&8+1:4<=4*&9+.66%6(+)*+'*>+);;+%*+(84+.66%6('*&4+696(4:6+:4*"+%*+(84+D*;)('%*:4*(
696(4:B
C84*+%(+%6+67%(&84>+)*L+1:4<=4*&9+.66%6(+%6+)*$9+'&(%@4+"*>4<+(84+;)$$)7%*=+&)*>%(%)*6T
— 3<'@4$+.66%6(+)<+b'*4+.66%6(+%6+67%(&84>+)*B
— 384+696(4:+:"6(+>4(4&(+$'*4+:'<J4<6+)*+(84+$4;(+'*>+<%=8(+6%>4+);+(84+@48%&$4B

(;>$%6$#91(:''5'.(#2.(*8*5,*4,$
384+94$$)7+%*>%&'()<+$%=8(+("<*6+)*B+D*+'>>%(%)*L+'+:466'=4+%6+68)7*+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9B
— 384+&':4<'+@%47+%6+>%<(9B+E$4'*+(84+7%*>68%4$>+UM+X48%&$4+&'<4L+-46&<%H(%)*V B
— 384+&':4<'d6+@%47+%6+$%:%(4>+>"4+()+74'(84<+&)*>%(%)*6L+6"&8+'6+6*)7L+)<+;<):+6)'H+<46%>"4+)<
&)'(%*=6B+E$4'*+(84+7%*>68%4$>+UM+X48%&$4+&'<4L+-46&<%H(%)*V B
— 384+&':4<'d6+@%47+%6+$%:%(4>+#9+'(('&8:4*(6+)<+6(%&J4<6B+S44H+(84+'<4'+'<)"*>+(84+&':4<'+;%4$>+);
@%47+&$4'<B
— 384+&':4<'+%6+:%6'$%=*4>+)<+>':'=4>L+;)<+45':H$4+'6+'+<46"$(+);+>':'=4+()+(84+7%*>68%4$>B+E84&J
%;+(84<4+%6+*)(%&4'#$4+>':'=4+UM+24H'%<6+'*>+(4&8*%&'$+:)>%;%&'(%)*6L+W('*>'<>6Y>%<4&(%@46V B
— a'$;"*&(%)*+)<+;'"$(B+-4'&(%@'(4+(84+@48%&$4c6+><%@4+696(4:+'*>+'&(%@'(4+%(+'='%*B
— D;+(84+:'$;"*&(%)*+&)*(%*"46L+67%(&8+);;+1:4<=4*&9+.66%6(+'*>+&)*('&(+'*+'"(8)<%?4>+X)$J67'=4*
>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B
C.2/D/0
384+%*(4$$%=4*(+(4&8*)$)=9+);+(84+1:4<=4*&9+.66%6(+&'**)(+)@4<&):4+(84+*'("<'$+$'76+);+H896%&6L
'*>+%(+&'*+)*$9+)H4<'(4+7%(8%*+(84+$%:%(6+);+(84+696(4:B+384+<46H)*6%#%$%(9+;)<+><%@%*=+(84+@48%&$4+'$,
7'96+$%46+7%(8+(84+><%@4<B
● .$7'96+'>'H(+9)"<+6H44>+'*>+<4:'%*+'+6';4+>%6('*&4+()+@48%&$46+><%@%*=+'84'>+#'64>+)*+(84+@%6,
"'$L+74'(84<L+<)'>L+'*>+(<';;%&+&)*>%(%)*6B
● 1:4<=4*&9+.66%6(+'$)*4+&'**)(+'$7'96+'@)%>+'&&%>4*(6+'*>+64<%)"6+%*A"<9B
● D;+(84+<'>'<+64*6)<+)<+(84+;<)*(+&':4<'+:'$;"*&(%)*6L+%6+&)@4<4>+)<+:%6'$%=*4>L+1:4<=4*&9+.66%6(
:'9+&'<<9+)"(+"*7'*(4>+#<'J%*=+)<+6(44<%*=+%*(4<@4*(%)*6B
● 1:4<=4*&9+.66%6(+>)46+*)(+<4'&(+()+H4)H$4L+'*%:'$6L+@48%&$46+&<)66%*=+(84+$'*4+)<+@48%&$46+&):,
%*=+()7'<>6+9)"+%*+(84+6':4+$'*4B

C.2/D/0
D;+1:4<=4*&9+.66%6(+%6+(<%==4<4>+"*%*(4*(%)*'$$9L+%(+&)"$>+<46"$(+%*+'&&%>4*(6+)<+64<%)"6+%*A"<9B
● D;+(84+@48%&$4+#48'@46+"*45H4&(4>$9L+9)"+&'*+6()H+%*(4<@4*(%)*+#9+1:4<=4*&9+.66%6(+#9+'&&4$4<,
'(%*=+68'<H$9L+#<'J%*=+)<+6(44<%*=B
● -)+*)(+"64+3<'@4$+.66%6(+)<+b'*4+.66%6(B+0)+()+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>
X)$J67'=4*+W4<@%&4+R'&%$%(9+'*>+8'@4+(84+696(4:+%*6H4&(4>B

U*#$(9/*#6$(*''5'.*#.(HF5C$(:''5'.I

G#.%2C+9.52#

384+b'*4+E8'*=4+W96(4:+UW%>4+.66%6(V+6"HH)<(6+(84+><%@4<+#9+>4(4&(%*=+(<';;%&+#48'@%)<+#48%*>
(84+@48%&$4B

2'>'<+64*6)<6+:)*%()<+(84+'<4'+#48%*>+(84+@48%&$4B+384+696(4:+:4'6"<46+(84+>%6('*&4+'*>+>%;;4<,
4*&4+%*+6H44>+()+)(84<+@48%&$46+'*>+%*;)<:6+(84+><%@4<+(8<)"=8+@%6"'$+6%=*'$6+%*+(84+45(4<%)<
:%<<)<6B

F1'.$>(,5>5.*.52#'
G*$9+"64+(84+b'*4+E8'*=4+W96(4:+)*+64&"<4+<)'>6B
384+b'*4+E8'*=4+W96(4:+:'9+*)(+%*(4<H<4(+(84+(<';;%&+6%("'(%)*+&)<<4&($9+%*+6):4+6%("'(%)*6L+;)<
45':H$4T
— D*+(%=8(+&"<@46
— C84*+><%@%*=+%*+(84+&4*(4<+);+(7)+$'*46
— C84*+$'*46+8'@4+>%;;4<4*(+7%>(86
— C84*+(84+<)'>+%6+<'%64>
— D*+H))<+74'(84<+&)*>%(%)*6
— C84*+(84<4+%6+4I"%H:4*(+%*6('$$4>+)*+(84+6%>4+);+(84+<)'>L+6"&8+'6+8%=8+)<+);;64(+="'<>+<'%$6
C.2/D/0
384+%*(4$$%=4*(+(4&8*)$)=9+);+(84+b'*4+E8'*=4+W96(4:+UW%>4+.66%6(V+&'**)(+)@4<&):4+(84+*'("<,
'$+$'76+);+H896%&6+'*>+%(+&'*+)*$9+)H4<'(4+7%(8%*+(84+$%:%(6+);+(84+696(4:B+-)+*)(+'$$)7+(84+%*,
&<4'64>+&)*@4*%4*&4+);+(84+b'*4+E8'*=4+W96(4:+UW%>4+.66%6(V+()+(4:H(+9)"+%*()+('J%*=+<%6J6B
E'<4$466+)<+"*%*(4*>4>+"64+);+(84+b'*4+E8'*=4+W96(4:+UW%>4+.66%6(V+&'*+&'"64+'&&%>4*(6+'*>
64<%)"6+%*A"<%46B+384+696(4:+&'**)(+<4H$'&4+(84+><%@4<d6+'((4*(%)*B
● .$7'96+'>'H(+9)"<+6H44>+'*>+>%6('*&4+()+@48%&$46+'84'>+#'64>+)*+(84+@%6"'$L+74'(84<L+<)'>L
'*>+(<';;%&+&)*>%(%)*6B
● .$7'96+J44H+9)"<+8'*>6+)*+(84+6(44<%*=+7844$+6)+(8'(+9)"+'<4+H<4H'<4>+()+6(44<+'(+'*9+(%:4B
● !'9+'((4*(%)*+()+(84+>%6H$'96+%*+(84+45(4<%)<+:%<<)<+8)"6%*=+'*>+%*+(84+%*6(<":4*(+&$"6(4<+>%6,
H$'9L+'*>+'&(+'&&)<>%*=$9B
● .$7'96+H'9+'((4*(%)*+()+(84+'<4'+'<)"*>+9)"<+@48%&$4B
● /4@4<+"64+(84+b'*4+E8'*=4+W96(4:+UW%>4+.66%6(V+%;+(84+<'>'<+64*6)<6+'<4+>%<(9L+&)@4<4>L+)<
>':'=4>B+384+;"*&(%)*+);+(84+696(4:+:'9+#4+%:H'%<4>+%*+6"&8+&'646B
● W"*$%=8(+:'9+<4>"&4+(84+@%6%#%$%(9+);+(84+@%6"'$+>%6H$'9+%*+(84+45(4<%)<+:%<<)<B

W):4+64((%*=6+&'*+#4+6'@4>+%*+(84+><%@4<+H4<6)*'$%?'(%)*+"64<+H<);%$46+'*>+&'*+#4
&8'*=4>+'"():'(%&'$$9+784*+(84+"64<+'&&)"*(+%6+67%(&84>+UM+-<%@4<+H4<6)*'$%?'(%)*L+-4,
6&<%H(%)*V B

384+<'>'<+64*6)<6+&'$%#<'(4+)*&4L+)*+(84+;%<6(+J%$):4(4<+);+'+A)"<*49+';(4<+(84+@48%&$4+%6
>4$%@4<4>L+'*>+(84*+'='%*+%;+(84+64*6)<+(4&8*)$)=9+8'6+#44*+<4H'%<4>B+384+<'*=4+);+(84
64*6)<6+:'9+#4+$%:%(4>+>"<%*=+(84+&'$%#<'(%)*+H8'64B

A%585#6("5./(./$(,*#$(9/*#6$('1'.$>

R%=B+
R%=B+NN+ D*+(84+45(4<%)<+<4'<@%47+:%<<)<+8)"6%*=T+X%6"'$+%*>%&'()<6+;)<+W%>4+.66%6(B
F"5.9/5#6(2#(*#C(233
n)"+&'*+67%(&8+W%>4+.66%6(+)*+'*>+);;+%*+(84+.66%6('*&4+696(4:6+:4*"+%*+(84+D*;)('%*:4*(+696,
(4:B+C84*+(84+b'*4+E8'*=4+W96(4:+UW%>4+.66%6(V+%6+67%(&84>+)*L+(84+94$$)7+%*>%&'()<+$%=8(+
&):46+)*+)*&4+#<%4;$9+%*+(84+45(4<%)<+<4'<@%47+:%<<)<+8)"6%*=B
384+$'6(+6'@4>+696(4:+64((%*=+%6+'$6)+J4H(+';(4<+(84+%=*%(%)*+%6+67%(&84>+);;+'*>+#'&J+)*B

F1'.$>(3+#9.52#
384+67%(&84>+)*+$'*4+&8'*=4+696(4:+%6+'&(%@4+;<):+'HH<)5B+N\+J:Y8+U`+:H8VB+384+$'*4+&8'*=4
696(4:+>4'&(%@'(46+'(+'+6H44>+#4$)7+NP+J:Y8+U]+:H8VB
384+94$$)7+%*>%&'()<+$%=8(+ +&):46+)*+%*+(84+<46H4&(%@4+45(4<%)<+<4'<@%47+:%<<)<+8)"6%*=+%*+(84
;)$$)7%*=+><%@%*=+6%("'(%)*6T
— C84*+9)"<+@48%&$4+%6+H'664>B
— C84*+H'66%*=+'*)(84<+@48%&$4+'*>+(84+>%;;4<4*&4+%*+6H44>+#4(744*+(84+(7)+@48%&$46+%6+"H+()
'HH<)5%:'(4$9+`+:H8+UN\+J:Y8VB+384<4+%6+*)+%*>%&'()<+%;+(84+H'66%*=+6H44>+%6+&$4'<$9+;'6(4<B

C84*+'+H)(4*(%'$$9+&<%(%&'$+6%("'(%)*+%6+>4(4&(4>+78%$4+(84+("<*+6%=*'$+%6+'&(%@'(4>+%*+(84+>%<4&(%)*
);+(84+>4(4&(4>+@48%&$4L+(84+94$$)7+%*>%&'()<+$%=8(+ +#$%*J6B
384+;'6(4<+'*)(84<+@48%&$4+'HH<)'&846L+(84+6))*4<+(84+>%6H$'9+%*+(84+45(4<%)<+:%<<)<+7%$$+("<*+)*B

U*#$(9/*#6$('1'.$>(_F5C$(:''5'.(O,+'`
C84*+><%@%*=+7%(8+$'*4+J44H%*=+696(4:L+><%@4<6+'<4+7'<*4>+#9+'+&)<<4&(%@4+6(44<%*=+%*(4<@4*(%)*
784*+'+H)66%#$9+&<%(%&'$+6%("'(%)*+%6+>4(4&(4>+784*+&8'*=%*=+$'*46+U$4@4$L+7'<*%*=+$4@4$V+%;+(84
$'*4+J44H%*=+696(4:+%6+67%(&84>+)*B+E)<<4&(%@4+6(44<%*=+'$6)+)&&"<6+%;+(84+("<*+6%=*'$+%6+'&(%@'(4>
;)<+(84+<46H4&(%@4+6%>4B+D;+(84+&)<<4&(%@4+6(44<%*=+%6+)@4<<%>>4*+#9+(84+><%@4<L+'*+'>>%(%)*'$+7'<*,
%*=+%6+=%@4*+7%(8+'+6(44<%*=+7844$+@%#<'(%)*B+W(44<%*=+7844$+@%#<'(%)*+:"6(+'$6)+#4+'&(%@'(4>+%*
(84+.66%6('*&4+696(4:6+:4*"+%*+(84+D*;)('%*:4*(+696(4:B

:+.2>*.59(C$*9.58*.52#
384+$'*4+&8'*=4+696(4:+67%(&846+);;+'"():'(%&'$$9+%;+(84+<'>'<+64*6)<6+'<4+H4<:'*4*($9+&)@4<4>B
R)<+45':H$4L+(8%6+&)"$>+#4+;<):+%&4+)<+6*)7+&)@4<%*=+(84+<'>'<+64*6)<B
.+:466'=4+7%$$+'HH4'<+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9B
D;+(84+$'*4+&8'*=4+696(4:+64*6)<+%6+'"():'(%&'$$9+>4'&(%@'(4>L+(84+696(4:+&'*+#4+'&(%@'(4>+)*$9
';(4<+67%(&8%*=+(84+%=*%(%)*+);;+'*>+#'&J+)*B
D;+(84+;'&()<9+%*6('$$4>+(<'%$4<+8%(&8+%6+4$4&(<%&'$$9+&)**4&(4>+7%(8+'+(<'%$4<+)<+'+6%:%$'<+>4@%&4L+(84
$'*4+&8'*=4+696(4:+67%(&846+);;+'"():'(%&'$$9B+384+$'*4+&8'*=4+696(4:+67%(&846+)*+'"():'(%,
&'$$9+';(4<+>%6&)**4&(%*=+(84+(<'%$4<+;<):+(84+@48%&$4B+D;+(84+(<'%$4<+8%(&8+%6+*)(+%*6('$$4>+%*+(84+;'&,
()<9L+(84+$'*4+&8'*=4+696(4:+:"6(+#4+67%(&84>+);;+:'*"'$$9+>"<%*=+(<'%$4<+:)>4B

D%56/.#$''
384+#<%=8(*466+);+(84+@%6"'$+>%6H$'9+'>'H(6+%(+64$;+'"():'(%&'$$9+()+(84+':#%4*(+#<%=8(*466B
n)"+&'*+64(+(84+>4;'"$(+#<%=8(*466+);+(84+>%6H$'9+%*+(84+.66%6('*&4+696(4:6+:4*"+%*+(84+D*;)('%*,
:4*(+696(4:B+384+$'*4+&8'*=4+696(4:+%6+*)(+'&(%@4+78%$4+:'J%*=+(84+64((%*=6B

K%2+4,$'/22.5#6

(U*#$(9/*#6$('1'.$>(>*,3+#9.52#5#6
384+94$$)7+%*>%&'()<+$%=8(+("<*6+)*B+D*+'>>%(%)*L+(84+94$$)7+&4*(<'$+7'<*%*=+$%=8(+ +&):46+)*B
— 04(+H<);466%)*'$+'66%6('*&4B

)*,3+#9.52#5#6('$#'2%(85$"P(>*,3+#9.52#(>$''*6$P('1'.$>
'"5.9/$'(233(*+.2>*.59*,,1
— E$4'*+(84+<'>'<+64*6)<6+)<+<4:)@4+$'#4$6+)<+'&&466)<%46+;<):+(84+<'>'<+64*6)<6+UM+X48%&$4+&'<4
45(4<%)<L+E$4'*%*=Y&'<4V B
— E84&J+%;+(84<4+%6+'*9+*)(%&4'#$4+>':'=4B

K/$('1'.$>(5'(3+#9.52#5#6(C533$%$#.,1(./*#($<=$9.$C
— 384+<'>'<+64*6)<6+&)"$>+#4+>%<(9+UM+X48%&$4+&'<4+45(4<%)<L+E$4'*%*=Y&'<4V B+384+64*6)<+<'*=4
&)"$>+'$6)+#4+%:H'%<4>+#9+6)'H+<46%>"4L+&)'(%*=6L+>%<(L+)<+6*)7B
— 384+696(4:+&)*>%(%)*6+'<4+*)(+:4(+UM+D*(<)>"&(%)*Y=4*4<'$+%*;)<:'(%)*L+b'*4+E8'*=4+W96(4:
UW%>4+.66%6(VV B
— 384+<'>'<+64*6)<6+&)"$>+#4+&)@4<4>+#9+7'(4<B
— 384+@48%&$4+&)"$>+#4+>':'=4>+%*+(84+<'>'<+64*6)<+'<4'L+;)<+45':H$4+;<):+H'<J%*=+#'<<%4<6B
— 384+&)@4<'=4+'<4'6+);+(84+<'>'<+64*6)<6+&)"$>+#4+#$)&J4>+#9+'(('&8:4*(6L+;)<+45':H$4+#9+#%&9,
&$4+&'<<%4<6B
— 384+H'%*(+:'9+8'@4+#44*+&8'*=4>+)<+)(84<+6(<"&("<'$+:)>%;%&'(%)*6+:'9+8'@4+#44+:'>4+*4'<
(84+<'>'<+64*6)<6L+;)<+45':H$4+()+(84+;<)*(+);+(84+@48%&$4+)<+()+(84+6"6H4*6%)*B
— 384+6%>4+:%<<)<6+:'9+#4+&)@4<4>+7%(8+';(4<,:'<J4(+(%*(%*=+;%$:6B

O*%05#6(*#C(>*#$+8$%5#6

O*%05#6

O*%05#6(./$(8$/59,$
.$7'96+H'<J+(84+@48%&$4+)*+'+6"%('#$4+6"<;'&4+M+ B
.$7'96+;)$$)7+(84+6H4&%;%4>+6(4H6+%*+(84+&)<<4&(+)<>4<+784*+H'<J%*=+(84+@48%&$4B
— !<466+'*>+8)$>+(84+#<'J4+H4>'$B
— D*+@48%&$46+7%(8+'+:'*"'$+(<'*6:%66%)*L+H<466+(84+&$"(&8+H4>'$+>)7*+&):H$4(4$9 +)<+>%64*='=4+(84
&$"(&8B
— D*+@48%&$46+7%(8+'*+'"():'(%&+(<'*6:%66%)*L+:)@4+(84+64$4&()<+$4@4<+%*()+(84+!!+H)6%(%)*B
— W4(+(84+4$4&(<)*%&+H'<J%*=+#<'J4+UM+1$4&(<)*%&+H'<J%*=+#<'J4L+-46&<%H(%)*V B
— W()H+(84+4*=%*4+'*>+67%(&8+(84+%=*%(%)*+);;+UM+W()HH%*=+(84+4*=%*4L+GH4<'(%)*V B+384+<4>+ +%*>%&',
()<+$%=8(+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9+7%$$+("<*+)*B
— C%(8+'+:'*"'$+(<'*6:%66%)*L+4*='=4+(84+N6(+=4'<+%;+(84+@48%&$4+%6+)*+'+$4@4$+)<+'*+"H8%$$+6"<;'&4L+)<
4*='=4+(84+<4@4<64+=4'<+%;+(84+@48%&$4+%6+)*+'+>)7*8%$$+6"<;'&4B+24$4'64+(84+&$"(&8+H4>'$B
— 24:)@4+9)"<+;))(+;<):+(84+#<'J4+H4>'$B
— 3"<*+(84+6(44<%*=+7844$+6$%=8($9+%;+*4&466'<9+()+4*='=4+(84+6(44<%*=+$)&JB
— 15%(+(84+@48%&$4B+3'J4+'$$+);+(84+@48%&$4+J496+7%(8+9)"B
— a'J4+6"<4+'$$+H'664*=4<6+45%(+(84+@48%&$4B
— b)&J+(84+@48%&$4B

:CC5.52#*,(5#32%>*.52#(32%(=*%05#6(',2=$'
3"<*+(84+6(44<%*=+7844$+6)+(8'(+(84+;<)*(+7844$6+)*+(84+H'<J4>+@48%&$4+7%$$+<)$$+%*()+(84+&"<#+%;+(84
@48%&$4+#4=%*6+:)@%*=B

C.2/D/0
158'"6(+696(4:+&):H)*4*(6+7%$$+#4&):4+@4<9+8)(B+38%6+&'*+<46"$(+%*+;%<46+'*>+64<%)"6+%*A"<%46B
● /4@4<+H'<J+(84+@48%&$4+%*+6"&8+'+7'9+(8'(+458'"6(+696(4:+&):H)*4*(6+&):4+%*()+&)*('&(+7%(8
;$'::'#$4+:'(4<%'$6+"*>4<+(84+@48%&$4L+6"&8+'6+68<"#6L+$4'@46L+><9+=<'66L+6H%$$4>+;"4$L+)%$L+4(&B

C.2/D/0
b4'@%*=+'*>+H'<J%*=+(84+@48%&$4+%*&)<<4&($9+&'*+<46"$(+%*+(84+@48%&$4+<)$$%*=B+38%6+&'*+&'"64+'&&%,
>4*(6+'*>+64<%)"6+%*A"<%46B
● a'J4+6"<4+(84+H'<J%*=+#<'J4+%6+64(+#4;)<4+45%(%*=+(84+@48%&$4+'*>+(84+<4>+ +%*>%&'()<+$%=8(+%*+(84
%*6(<":4*(+&$"6(4<+>%6H$'9+%6+)*+';(4<+67%(&8%*=+);;+(84+%=*%(%)*B
● /4@4<+<4:)@4+(84+@48%&$4+J49+;<):+(84+%=*%(%)*+$)&J+784*+(84+@48%&$4+%6+%*+:)(%)*B+G(84<7%64L
(84+6(44<%*=+$)&J+&)"$>+4*='=4+6">>4*$9B+384*+9)"+7)"$>+*)(+#4+'#$4+()+6(44<+(84+@48%&$4B
● /4@4<+$4'@4+&8%$><4*+)<+H4)H$4+<4I"%<%*=+'66%6('*&4+"*'((4*>4>+%*+(84+@48%&$4B+3849+&)"$>+>4'&,
(%@'(4+(84+4$4&(<)*%&+H'<J%*=+#<'J4+'*>+:)@4+(84+64$4&()<+$4@4<+)<+=4'<+68%;(+$4@4<L+78%&8+7)"$>
&'"64+(84+@48%&$4+()+#4=%*+:)@%*=B
● .$7'96+('J4+'$$+@48%&$4+J496+7%(8+9)"+784*+$4'@%*=+(84+@48%&$4B+384+4*=%*4+&)"$>+#4+6('<(4>+'*>
4$4&(<%&'$+4I"%H:4*(+6"&8+'6+H)74<+7%*>)76+&)"$>+#4+)H4<'(4>L+78%&8+&)"$>+$4'>+()+64<%)"6
%*A"<%46B
● /4@4<+$4'@4+&8%$><4*+)<+H4)H$4+<4I"%<%*=+'66%6('*&4+"*'((4*>4>+%*+(84+@48%&$4B+D*+'*+4:4<=4*&9L
(849+7%$$+*)(+#4+'#$4+()+$4'@4+(84+@48%&$4+"*'66%6(4>+)<+&'<4+;)<+(84:64$@46B+R)<+45':H$4L+>4,
H4*>%*=+)*+(84+64'6)*L+(84+(4:H4<'("<4+%*6%>4+(84+@48%&$4+&)"$>+#4&):4+@4<9+8%=8+)<+$)7L
78%&8+&'*+$4'>+()+64<%)"6+%*A"<%46L+%$$*466+)<+>4'(8L+46H4&%'$$9+;)<+@4<9+9)"*=+&8%$><4*B
/G3DE1
● G#A4&(6+H<)(<">%*=+"H+;<):+(84+=<)"*>+&'*+>':'=4+(84+#":H4<+'*>+)(84<+H'<(6+);+(84+@48%&$4
784*+><%@%*=+%*()+)<+)"(+);+'+H'<J%*=+6H'&4B+.$7'96+:'*4"@4<+&'<4;"$$9+%*+H'<J%*=+6H'&46+7%(8
8%=8+&"<#6+)<+;%54>+#'<<%4<6B+3)+<4>"&4+(84+<%6J+);+>':'=4L+6()H+#4;)<4+(84+7844$6+&):4+%*()
&)*('&(+7%(8+(84+#'<<%4<+)<+&"<#B
● X48%&$4+&):H)*4*(6+(8'(+'<4+$)7+()+(84+=<)"*>+6"&8+'6+(84+#":H4<L+6H)%$4<L+'*>+H'<(6+);+(84
6"6H4*6%)*L+4*=%*4L+)<+458'"6(+696(4:+&)"$>+#4+>':'=4>+784*+><%@%*=+)@4<+(8464+)#A4&(6B+-<%@4
&'<4;"$$9+)@4<+4*(<'*&46+%*()+#"%$>%*=6L+<':H6L+&"<#6L+'*>+)(84<+)#A4&(6B

G#49+'$$+$4='$+<4="$'(%)*6+784*+6()HH%*=+'*>+H'<J%*=+(84+@48%&$4B

;,$9.%2#59(=*%05#6(4%*0$

W'5#6(./$($,$9.%2#59(=*%05#6(4%*0$
R%=B+
R%=B+NN+ D*+(84+&4*(4<+&)*6)$4T+["(()*+;)<+(84+4$4&(<)*%&+H'<J%*=+#<'J4+;)<+

a'*"'$+(<'*6:%66%)*+'*>+

."():'(%&+)<+-W0f+'"():'(4>+(<'*6:%66%)*B

F"5.9/5#6(2#
— C84*+(84+@48%&$4+%6+6('(%)*'<9L+H"$$+'*>+8)$>+(84+ +67%(&8+"*(%$+(84+94$$)7+%*>%&'()<+$%=8(+%*
(84+67%(&8+("<*6+)*B
— D;+(84+%*>%&'()<+$%=8(+%*+(84+M+;%=B+N +#"(()*+'*>+(84+<4>+ +%*>%&'()<+$%=8(+%*+(84+%*6(<":4*(
&$"6(4<+$%=8(+"HL+(84+4$4&(<)*%&+H'<J%*=+#<'J4+%6+'&(%@'(4>B

F"5.9/5#6(233
— W7%(&8+(84+%=*%(%)*+)*B
— !<466+(84+#<'J4+H4>'$+'*>+H<466+(84+ +67%(&8B
— G2
G2T+784*+(84+4*=%*4+%6+<"**%*=L+H<466+(84+'&&4$4<'()<+H4>'$+$%=8($9+7%(8)"(
7%(8)"(+H<466%*=+(84
#<'J4+H4>'$B
— 384+%*>%&'()<+$%=8(+%*+(84+M+;%=B+N +#"(()*+'*>+(84+<4>+ +%*>%&'()<+$%=8(+%*+(84+%*6(<":4*(+&$"6,
(4<+7%$$+("<*+);;B

:+.2>*.59(%$,$*'$(23(./$($,$9.%2#59(=*%05#6(4%*0$("/$#('.*%.5#6
.2(C%58$
384+H'<J%*=+#<'J4+<4$4'646+'"():'(%&'$$9+'6+9)"+><%@4+);;+%;+)*4
)*4+);+(84+;)$$)7%*=+6%("'(%)*6+)&&"<6
784*+(84+><%@4<d6+>))<+%6+&$)64>+M+ T
— ​a'*"'$+(<'*6:%66%)*T+384+&$"(&8+%6+H<4664>+'$$+(84+7'9+>)7*+#4;)<4+6('<(%*=+()+><%@4B
— ."():'(%&+(<'*6:%66%)*T+.+=4'<+%6+4*='=4>+)<+&8'*=4>B
— ​-W0f+'"():'(4>+(<'*6:%66%)*T+.+=4'<+%6+4*='=4>+)<+&8'*=4>B

F.*%.5#6(.2(C%58$(2#('.$$=(5#9,5#$'(2%("5./(5#9%$*'$C(8$/59,$
"$56/.
n)"+&'*+H<4@4*(+(84+4$4&(<)*%&+H'<J%*=+#<'J4+;<):+<4$4'6%*=+'"():'(%&'$$9+%;+9)"+H"$$+(84+
67%(&8+"H7'<>+'*>+8)$>+%(+"H+78%$4+6('<(%*=+()+><%@4B
D;+:)<4+4*=%*4+H)74<+%6+<4I"%<4>+784*+6('<(%*=+()+><%@4L+(84+4$4&(<)*%&+H'<J%*=+#<'J4+7%$$+<4$4'64
)*$9+';(4<+(84+ +67%(&8+%6+<4$4'64>B
38%6+&'*+:'J4+%(+4'6%4<+()+6('<(+><%@%*=+784*+()7%*=+'+84'@9+$)'>B

:+.2>*.59(*9.58*.52#(23(./$($,$9.%2#59(=*%05#6(4%*0$(53(12+($<5.
./$(8$/59,$(5#92%%$9.,1
D;+(84+696(4:+>4(4&(6+(8'(+(84+@48%&$4+8'6+#44*+45%(4>+%:H<)H4<$9L+%(+&'*+'&(%@'(4>+(84+4$4&(<)*%&
H'<J%*=+#<'J4+'"():'(%&'$$9+M+ B
— ."():'(%&+(<'*6:%66%)*+)<+-W0f+'"():'(4>+(<'*6:%66%)*T+.+=4'<+%6+4*='=4>B+D;+(84+64$4&()<
$4@4<+%6+%*+(84+/
/+H)6%(%)*L+(84+4$4&(<)*%&+H'<J%*=+#<'J4+7%$$+*)(
*)(+#4+'&(%@'(4>+'"():'(%&'$$9B

:+.2>*.59(*9.58*.52#(23(./$($,$9.%2#59(=*%05#6(4%*0$(5#(8$/59,$'
"5./(*(>*#+*,(.%*#'>5''52#
D;+(84+;"*&(%)*+%6+'&(%@'(4>+%*+(84+D*;)('%*:4*(+696(4:+@48%&$4+64((%*=6+UM+GH4<'(%)*L+X48%&$4+64(,
(%*=6+:4*"V L+(84+4$4&(<)*%&+H'<J%*=+#<'J4+7%$$+#4+'&(%@'(4>+'"():'(%&'$$9+784*+(84+%=*%(%)*+%6
67%(&84>+);;+M+F6%*=+(84+4$4&(<)*%&+H'<J%*=+#<'J4 B
D;+(84+4*=%*4+%6+<"**%*=+'*>+(84+@48%&$4+%6+45%(4>+%:H<)H4<$9L+(84+4$4&(<)*%&+H'<J%*=+#<'J4+7%$$+*)(
*)(
#4+'&(%@'(4>+'"():'(%&'$$9+M+ B

:+.2>*.59(4%*05#6(3+#9.52#
G*$9+"64+(84+'"():'(%&+#<'J%*=+;"*&(%)*+%*+'*+4:4<=4*&9L+%;+(84+@48%&$4+&'**)(+#4+6()HH4>+"6%*=
(84+#<'J4+H4>'$+M+ B
— !"$$+'*>+8)$>+(84+ +67%(&8B+384+@48%&$4+7%$$+#<'J4+'#<"H($9B+.+7'<*%*=+&8%:4+7%$$+'$6)+6)"*>
'(+(84+6':4+(%:4B

C.2/D/0
F6%*=+(84+4$4&(<)*%&+H'<J%*=+#<'J4+%*&)<<4&($9+&'*+&'"64+'&&%>4*(6+'*>+64<%)"6+%*A"<%46B
● -)+*)(+"64+(84+4$4&(<)*%&+H'<J%*=+#<'J4+()+#<'J4+(84+@48%&$4+"*$466+%(+%6+'*+4:4<=4*&9B+384
#<'J%*=+>%6('*&4+7%$$+#4+6%=*%;%&'*($9+$)*=4<+#4&'"64+)*$9+(84+<4'<+7844$6+7%$$+#4+#<'J4>+"*,
>4<+&4<('%*+&%<&":6('*&46B+.$7'96+"64+(84+#<'J4+H4>'$B
● /4@4<+'&(%@'(4+(84+(8<)(($4+784*+'+64$4&()<+$4@4<+H)6%(%)*+)<+=4'<+%6+4*='=4>+'*>+(84+4*=%*4
%6+<"**%*=B+384+@48%&$4+&)"$>+#4=%*+:)@%*=L+4@4*+%;+(84+4$4&(<)*%&+H'<J%*=+#<'J4+%6+64(B

C.2/D/0
15%(%*=+(84+@48%&$4+%*&)<<4&($9+&'*+<46"$(+%*+(84+@48%&$4+<)$$%*=B+38%6+&'*+&'"64+'&&%>4*(6L+64<%)"6
%*A"<%46L+'*>+H<)H4<(9+>':'=4B
● .$7'96+;)$$)7+(84+6H4&%;%4>+6(4H6+%*+(84+&)<<4&(+)<>4<+784*+H'<J%*=+(84+@48%&$4+UM+!'<J%*=L
.&(%)*V B
● [4;)<4+45%(%*=+(84+@48%&$4L+:'J4+6"<4+(84+4$4&(<)*%&+H'<J%*=+#<'J4+%6+'&(%@'(4>+'*>+(84+<4>+
%*>%&'()<+$%=8(+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9+&):46+)*+';(4<+67%(&8%*=+);;+(84+%=*%(%)*B

a'*"'$+(<'*6:%66%)*T+D;+9)"+*44>+()+67%(&8+);;+(84+4$4&(<)*%&+H'<J%*=+#<'J4+()+H'66
(8<)"=8+'+&'<+7'68T
v !<466+(84+#<'J4+H4>'$+'*>+H<466+(84+ +67%(&8B
v !<466+'*>+8)$>+(84+ +#"(()*+"*(%$+(84+%=*%(%)*+8'6+#44*+67%(&84>+);;B

K%2+4,$'/22.5#6

(;,$9.%2#59(=*%05#6(4%*0$(5'('"5.9/$C(2#
384+<4>+ +%*>%&'()<+$%=8(+("<*6+)*B

(K/$(/2,C5#6(32%9$(5#(./$(9+%%$#.('5.+*.52#(5'(.22(,2"
384+<4>+ +%*>%&'()<+$%=8(+;$'6846B
D(+%6+*)(+H)66%#$4+()+H'<J+(84+@48%&$4+6';4$9B
— !'<J+(84+@48%&$4+%*+'*)(84<+$)&'(%)*+)<+)*+'+;$'(+6"<;'&4B
— K)$>+(84+4$4&(<)*%&+H'<J%*=+#<'J4+"*(%$+9)"+6('<(+><%@%*=B

(;,$9.%2#59(=*%05#6(4%*0$(>*,3+#9.52#
384+94$$)7+%*>%&'()<+$%=8(+("<*6+)*B
E)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B

K/$($,$9.%2#59(=*%05#6(4%*0$(C2$'(#2.('"5.9/(233
384+<4I"%<4:4*(6+;)<+67%(&8%*=+);;+8'@4+*)(+#44*+:4(B
G2
G2T+(84+NQ+X+@48%&$4+#'((4<9+%6+><'%*4>B
— E84&J+%;+'$$+<4I"%<4:4*(6+()+67%(&8+);;+(84+4$4&(<)*%&+H'<J%*=+#<'J4+8'@4+#44*+:4(+UM+1$4&,
(<)*%&+H'<J%*=+#<'J4L+GH4<'(%)*V B
— w":H,6('<(+(84+@48%&$4+UM+w":H,6('<(%*=L+GH4<'(%)*V B

K/$($,$9.%2#59(=*%05#6(4%*0$(5'(>*05#6(#25'$
— /)%646+&'*+#4+84'<>+784*+(84+4$4&(<)*%&+H'<J%*=+#<'J4+%6+67%(&8%*=+)*+'*>+);;B
— D;+(84+4$4&(<)*%&+H'<J%*=+#<'J4+%6+67%(&84>+)*L+(84+#<'J4+H4>'$+:)@46+6$%=8($9B
— D;+(84+4$4&(<)*%&+H'<J%*=+#<'J4+8'6+*)(+#44*+"64>+;)<+'+$)*=+H4<%)>+);+(%:4L+(84+696(4:+7%$$
H4<;)<:+)&&'6%)*'$+'"():'(%&+&84&J6+784*+(84+@48%&$4+%6+H'<J4>+'*>+(8%6+&'*+&<4'(4+*)%646B

:+.2(L2,C
R%=B+
R%=B+NN+ D*+(84+&4*(4<+&)*6)$4T+["(()*+;)<+."()+K)$>+;)<+

a'*"'$+(<'*6:%66%)*+'*>+

."():'(%&+)<+-W0f+'"():'(4>+(<'*6:%66%)*B

."()+K)$>+64&"<46+(84+@48%&$4+;<):+<)$$%*=+'7'9+784*+%(+%6+6('(%)*'<9L+7%(8)"(+8'@%*=+()+8)$>+(84
@48%&$4+7%(8+(84+#<'J4+H4>'$B
384+8)$>+)*+(84+@48%&$4+7%$$+4*>+784*+(84+@48%&$4+6('<(6+()+><%@4+)<+(84+<4I"%<4:4*(6+;)<+."()
K)$>+'<4+*)(+:4(B

@$[+5%$>$#.'
— 384+><%@4<d6+>))<+:"6(+#4+&$)64>B
— 384+4*=%*4+:"6(+#4+6()HH4>B

."()+K)$>+>)46+*)(
*)(+67%(&8+)*+)<+%(+67%(&846+);;+'"():'(%&'$$9+%;+9)"+68%;(+%*()+(84+/
/+H)6%(%)*B+.6
'+<46"$(L+(84+@48%&$4+7%$$+*)(+#4+J4H(+6('(%)*'<9+M+ B
F"5.9/5#6(2#(:+.2(L2,C
— !<466+(84+ +#"(()*B+384+94$$)7+%*>%&'()<+$%=8(+%*+(84+ +M+;%=B+N +#"(()*+("<*6+)*B
384+78%(4+%*>%&'()<+$%=8(+ +("<*6+)*+%*+(84+%*6(<":4*(+&$"6(4<B+."()+K)$>+%6+<4'>9+()+"64L
#"(+(84+@48%&$4+:'9+*)(+#4+J4H(+6('(%)*'<9+M+ B

D;+."()+K)$>+%6+67%(&84>+)*+#4;)<4+(84+%=*%(%)*+%6+67%(&84>+);;L+%(+7%$$+<4:'%*+)*+)*&4+(84+%=*%(%)*
%6+67%(&84>+)*+'='%*B

\$$=5#6(./$(8$/59,$('.*.52#*%1(+'5#6(:+.2(L2,C
— a'J4+6"<4+."()+K)$>+%6+67%(&84>+)*B
— [<%*=+(84+@48%&$4+()+'+6()H+"6%*=+(84+#<'J46+UM+!'<J%*=L+.&(%)*V B
— a'*"'$+(<'*6:%66%)*T+1%(84<+J44H+(84+&$"(&8+H4>'$+H<4664>+>)7*+&):H$4(4$9 +)<+68%;(+%*()
*4"(<'$B
— 24$4'64+(84+#<'J4+H4>'$B+384+=<44*+%*>%&'()<+$%=8(+("<*6+)*+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9+
B+."()+K)$>+7%$$+J44H+(84+@48%&$4+6('(%)*'<9+M+ B

F"5.9/5#6(233(:+.2(L2,C
— !<466+(84+ +#"(()*+M+ B+384+%*>%&'()<+$%=8(+%*+(84+ +M+;%=B+N +#"(()*+("<*6+);;B

384+4$4&(<)*%&+H'<J%*=+#<'J4+67%(&846+)*+'"():'(%&'$$9+()+J44H+(84+@48%&$4+6('(%)*'<9B+D;+9)"
H<466+(84+#<'J4+H4>'$+784*+67%(&8%*=+);;+."()+K)$>L+(84+4$4&(<)*%&+H'<J%*=+#<'J4+7%$$+*)(
*)(+67%(&8
)*+M+ B

F"5.9/5#6(233(:+.2(L2,C(.$>=2%*%5,1(+'5#6(./$( (4+..2#
D(+:'9+#4+*4&466'<9+()+67%(&8+);;+."()+K)$>+(4:H)<'<%$9L+;)<+45':H$4+784*+:'*4"@4<%*=+(84+@4,
8%&$4+()+:'J4+%(+4'6%4<+;)<+(84+@48%&$4+()+<)$$B
— C%(8+(84+4*=%*4+<"**%*=L+H<466+(84+#<'J4+H4>'$B
— !<466+(84+ +#"(()*B+."()+K)$>+%6+67%(&84>+);;B

."()+K)$>+7%$$+67%(&8+)*+'='%*+)*&4+(84+#<'J4+H4>'$+%6+H<4664>+78%$4+(84+@48%&$4+%6+6('(%)*'<9B

C.2/D/0
384+%*(4$$%=4*(+(4&8*)$)=9+);+."()+K)$>+&'**)(+)@4<&):4+(84+*'("<'$+$'76+);+H896%&6+'*>+%(+&'*
)*$9+)H4<'(4+7%(8%*+(84+$%:%(6+);+(84+696(4:B+-)+*)(+'$$)7+(84+%*&<4'64>+&)*@4*%4*&4+H<)@%>4>
#9+."()+K)$>+()+(4:H(+9)"+%*()+('J%*=+<%6J6B
● a'J4+6"<4+(8'(+(84+=<44*+ +)<+<4>+ +%*>%&'()<+$%=8(+("<*6+)*+%*+(84+%*6(<":4*(+&$"6(4<
%;+(84+@48%&$4+%6+()+#4+J4H(+6('(%)*'<9B+D;+(84+=<44*+%*>%&'()<+$%=8(+%6+)*L+(84+@48%&$4+7%$$+J4H(
6('(%)*'<9+7%(8+."()+K)$>B+D;+(84+<4>+%*>%&'()<+$%=8(+%6+)*L+%(+7%$$+#4+J4H(+6('(%)*'<9+7%(8+(84
4$4&(<)*%&+H'<J%*=+#<'J4B
● /4@4<+45%(+(84+@48%&$4+784*+(84+4*=%*4+%6+<"**%*=+'*>+."()+K)$>+%6+67%(&84>+)*B
● D*+6):4+6%("'(%)*6L+6"&8+'6+784*+(84+=<)"*>+%6+6$%HH4<9+)<+%&9L+."()+K)$>+7%$$+*)(+#4+'#$4+()
J44H+(84+@48%&$4+6('(%)*'<9+)*+8%$$6+)<+#<'J4+%(+'>4I"'(4$9+784*+=)%*=+>)7*8%$$B
/G3DE1
.$7'96+67%(&8+);;+."()+K)$>+#4;)<4+=)%*=+(8<)"=8+'+&'<+7'68B+G(84<7%64L+>':'=4+&'*+<46"$(+%;
(84+4$4&(<)*%&+H'<J%*=+#<'J4+67%(&846+)*+'"():'(%&'$$9B

O*%05#6('1'.$>('*3$.1(=%$9*+.52#'

F$#'2%(*#C(9*>$%*(42+#C*%5$'
X'<%)"6+64*6)<6+'*>+&':4<'6+(8'(+>4(4&(+(84+@48%&$4+6"<<)"*>%*=6+"$(<'6)*%&'$$9L+#9+<'>'<+7'@46L+'*>
@%6"'$$9+'<4+$)&'(4>+)*+'*>+%*+(84+@48%&$4B+384+@'<%)"6+H'<J%*=+696(4:6+"64+>%;;4<4*(+&):#%*'(%)*6+);
64*6)<6B+.$$+64*6)<6+8'@4+(4&8*%&'$+'*>+H896%&'$+$%:%(6+M+ B
— D*+6):4+6%("'(%)*6L+6):4+)#A4&(6+:'9+*)(+#4+>4(4&(4>+#9+(84+64*6)<6+)<+&':4<'6L+4B=B+(<'%$4<+><'7
#'<6L+*'<<)7+H)$46L+;4*&46L+H)6(6L+'*>+(<446L+45(<4:4$9+$)7+)<+8%=8+)#6('&$46L+)<+(<"*J+$%>6+(8'(+'<4
)H4*%*=+)<+'$<4'>9+)H4*B
— 384+64*6)<+&)@4<'=4+'<4'6+8'@4+#$%*>+6H)(6+%*+(84%<+<'*=4+784<4+(849+&'**)(+>4(4&(+H4)H$4+'*>
)#A4&(6B
— -%<(L+%&4L+)<+7'(4<+)*+(84+64*6)<6+'*>+&':4<'6+:'9+#4+>4(4&(4>+'6+)#6('&$46+)<+H<4@4*(+(84+>4(4&,
(%)*+);+)#A4&(6+%*+6):4+&'646B+384+64*6)<+<'*=4+&)"$>+'$6)+#4+%:H'%<4>+#9+6)'H+<46%>"4L+&)'(%*=6L
>%<(L+)<+6*)7+UM+!'<J%*=+696(4:6L+R.eV B
— 15(4<*'$+*)%646+'*>+&4<('%*+6"<;'&46+)*+)#A4&(6+'*>+&$)(8%*=+&'*+';;4&(+(84+64*6)<+6%=*'$6B+D*+6):4
6%("'(%)*6L+H4)H$4+'*>+)#A4&(6+:'9+*)(+#4+>4(4&(4>+)<+:'9+#4+>4(4&(4>+%*&)<<4&($9B
— E4<('%*+)#A4&(6L+6"&8+'6+6:'$$+H)6(6+)<+=<'(%*=L+&'**)(+#4+68)7*+)<+&'**)(+#4+'>4I"'(4$9+68)7*
>"4+()+(84+<46)$"(%)*+);+(84+6&<44*+'*>+%;+(84<4+%6+%*6";;%&%4*(+$%=8(%*=B
— 384+&':4<'6+)*$9+68)7+(7),>%:4*6%)*'$+%:'=46+)*+(84+6&<44*B+-"4+()+(84+$'&J+);+>4H(8+);+;%4$>L+%(
:'9+#4+>%;;%&"$(+)<+%:H)66%#$4+()+%>4*(%;9+H<)(<">%*=+)#A4&(6+)<+<4&46646+%*+(84+<)'>B

C.2/D/0
384+%*(4$$%=4*(+(4&8*)$)=9+);+(84+!'<J+-%6('*&4+E)*(<)$+U!-EV+&'**)(+)@4<&):4+(84+*'("<'$+$'76+);
H896%&6+'*>+%(+&'*+)*$9+)H4<'(4+7%(8%*+(84+$%:%(6+);+(84+696(4:B+-)+*)(+'$$)7+(84+%*&<4'64>+&)*@4,
*%4*&4+H<)@%>4>+#9+(84+H'<J%*=+696(4:6+()+(4:H(+9)"+%*()+('J%*=+<%6J6B+384+H'<J%*=+696(4:6+&'**)(
<4H$'&4+(84+><%@4<d6+'((4*(%)*B
● .$7'96+'>'H(+9)"<+6H44>+'*>+><%@%*=+6(9$4+()+(84+&"<<4*(+@%6"'$L+74'(84<L+<)'>L+'*>+(<';;%&
&)*>%(%)*6B
● .$7'96+J44H+'*+494+)*+(84+H'<J%*=+>%<4&(%)*+'*>+(84+@48%&$4+6"<<)"*>%*=6B
● /)(4+(8'(+(84+H'<J%*=+696(4:d6+<46H)*64+(%:46+:'9+*)(+#4+6";;%&%4*(+()+=%@4+'+7'<*%*=+%;+9)"
'HH<)'&8+'*+)#A4&(+())+I"%&J$9B
● .$7'96+H'9+'((4*(%)*+()+(84+'<4'+'<)"*>+9)"<+@48%&$4+'*>+$))J+)"(+;)<+6:'$$+&8%$><4*L+'*%:'$6L
'*>+)(84<+)#A4&(6B
● -)+*)(+'$$)7+(84+H'<J%*=+696(4:d6+>%6H$'9+()+>%6(<'&(+9)"+;<):+(84+(<';;%&+'<)"*>+9)"B
C.2/D/0
E':4<'+$4*646+4*$'<=4+'*>+>%6()<(+(84+;%4$>+);+@%6%)*B+F6%*=+(84+%:'=4+()+46(%:'(4+(84+>%6('*&4+()
H4)H$4+)<+)#6('&$46+:'9+*)(+#4+H<4&%64+'*>+&'*+&'"64+'&&%>4*(6+'*>+64<%)"6+%*A"<%46B
● -)+*)(+<4$9+)*+(84+&':4<'+696(4:+%:'=4B

/G3DE1
D*+H'<J%*=+6H'&46+7%(8)"(+'+&"<#L+H'<J+'(+$4'6(+QP+%*&846+U\P+&:V+'7'9+;<):+7'$$6+'*>+#"%$>%*=6+()
<4>"&4+(84+<%6J+);+@48%&$4+>':'=4B

@$[+5%$>$#.'(32%(=*%05#6('1'.$>(2=$%*.52#

Q$#$%*,(5#32%>*.52#
W)+(8'(+(84+64*6)<6+'*>+&':4<'6+&'*+>4(4&(+(84+'<4'+6"<<)"*>%*=+(84+@48%&$4+'6+#46(+'6+H)66%#$4+'*>
>%6H$'9+(8%6+%:'=4+)*+(84+D*;)('%*:4*(+696(4:+6&<44*L+(84+;)$$)7%*=+<4I"%<4:4*(6+:"6(+#4+:4(T
— 384+>))<6+'*>+(<"*J+$%>+:"6(+#4+&$)64>B
— 384+45(4<%)<+:%<<)<6+:"6(+*)(+#4+;)$>4>+%*B
— 384+@48%&$4+:"6(+#4+)*+$4@4$+=<)"*>B
— 384+@48%&$4+:"6(+*)(+#4+$)'>4>+H<%:'<%$9+%*+(84+<4'<+)<+)*+)*4+6%>4B
— 384+4*=%*4+:"6(+#4+<"**%*=B
— .W2+'*>+H)66%#$9+1WE+:"6(+#4+67%(&84>+)*+UM+[<'J%*=+'66%6('*&4+696(4:6L+G@4<@%47V B

?5#C5#6(*('+5.*4,$(=*%05#6('=*9$
384+;)$$)7%*=+<4I"%<4:4*(6+68)"$>+#4+:4(+6)+(8'(+'+6"%('#$4+H'<J%*=+6H'&4+&'*+#4+68)7*+)<+>4(4&(,
4>+&)<<4&($9T
— 384+$4*=(8+'*>+7%>(8+);+(84+H'<J%*=+6H'&4+:"6(+#4+$'<=4<+(8'*+(84+@48%&$4+:4'6"<4:4*(6+'*>
H<)@%>4+4*)"=8+6H'&4+()+:'*4"@4<B
— 384+>%6('*&4+784*+><%@%*=+H'6(+(84+H'<J%*=+6H'&4+%6+'HH<)5B+N+:+UO+;44(VB
—X
​ X48%&$46+7%(8+24'<+X%47+E':4<'+696(4:T+(84+6H44>+784*+<4@4<6%*=+%*()+(84+H'<J%*=+6H'&4
48%&$46+7%(8+24'<+X%47+E':4<'+696(4:T
:"6(+#4+'+:'5%:":+);+`+:H8+UN\+J:Y8VB
—X
​ X48%&$46+7%(8+!'<J+.66%6(T+(84+6H44>+784*+><%@%*=+H'6(+(84+H'<J%*=+6H'&4+:"6(+#4+'+:'5%:":
48%&$46+7%(8+!'<J+.66%6(T
);+Q\+:H8+UZP+J:Y8V+784*+H'<J%*=+6H'&46+'<4+H'<'$$4$+()+(84+<)'>
H'<J%*=+6H'&46+'<4+H'<'$$4$+()+(84+<)'>+'*>+'+:'5%:":+);+NQ
:H8+UQP+J:Y8V+784*+H'<J%*=+6H'&46+'<4+H4<H4*>%&"$'<+()+(84+<)'>
H4<H4*>%&"$'<+()+(84+<)'>B

O*%05#6('1'.$>('9%$$#(C5'=,*1'

384+64((%*=6+(8'(+&'*+#4+64$4&(4>+:'9+@'<9+>4H4*>%*=+)*+(84+&)"*(<9L+(84+>4@%&4L+'*>+(84+@48%&$4
4I"%H:4*(B
C84*+(84+@48%&$4+'HH<)'&846+'*+)#6('&$4L+(84+'HH<)'&8+%6+>%6H$'94>+%*+64=:4*(6+%*+(84+D*;)('%*:4*(
696(4:+'*>+7'<*%*=+&8%:46+6)"*>B+384+>%6H$'9+:'9+@'<9+>4H4*>%*=+)*+(84+6%("'(%)*B
384+&)$$%6%)*+'<4'+8'6+#44*+<4'&84>+784*+(84+*45(+()+$'6(+64=:4*(+%6+>%6H$'94>B+-)+*)(+&)*(%*"4
-)+*)(+&)*(%*"4
><%@%*=B
.$$+)H(%)*6+'*>+:)>4$6+'<4+>46&<%#4>B+GH(%)*'$+4I"%H:4*(+)<+>%;;4<4*(+:)>4$+@4<6%)*6+'<4+*)(+6H4&%;,
%&'$$9+%>4*(%;%4>+'6+6"&8B+C8%&8+696(4:6+'<4+'@'%$'#$4+>4H4*>+)*+(84+@48%&$4+4I"%H:4*(B

Q$#$%*,(C5'=,*1'

24>+64&(%)*+);+(84+%:'=4T+/4'<#9+)#6('&$4B+384+@48%&$4+%6+'(+<%6JB+.HH$9+(84+#<'J46B
384+@48%&$4+%6+'(+<%6JB+.HH$9+(84+#<'J46B
24>+$%*4T+[)"*>'<9+)<+6';4(9+>%6('*&4B

n4$$)7+64&(%)*+);+(84+%:'=4T+G#6('&$4+%*+(84+H'(8+);+(84+@48%&$4B+384+@48%&$4+%6+'(+<%6JB+W(44<
384+@48%&$4+%6+'(+<%6JB+W(44<
'<)"*>+(84+)#6('&$4B
n4$$)7+$%*46T+(84+@48%&$4d6+H'(8+#'64>+)*+(84+6(44<%*=+'*=$4B

0<44*+64&(%)*+);+(84+%:'=4T+[)"*>'<9+$%*46B

C8%(4+64&(%)*+);+(84+%:'=4T+G#6('&$4+)"(6%>4+);+(84+H'(8+);+(84+@48%&$4B

a"(4+(84+7'<*%*=+&8%:46B

W8)7+(84+>%6H$'9B

K%>4+(84+>%6H$'9B

.>A"6(+(84+#<%=8(*466L+&)*(<'6(L+'*>+&)$)<B

384<4+%6+'+696(4:+:'$;"*&(%)*+%*+(84+'<4'+(8'(+%6+>4(4&(4>+U>4H4*>%*=+)*+@48%&$4+4I"%H:4*(VB
384+&)$)<6+:'9+@'<9B

E$)64+(84+&"<<4*(+@%47+'*>+4*>+(84+;"*&(%)*B

:CC5.52#*,(5#32%>*.52#(32%(8$/59,$'("5./(O*%0(A5'.*#9$(E2#.%2,
W7%(&8+!'<J+-%6('*&4+E)*(<)$+)*+'*>+);;+UM+!'<J+-%6('*&4+E)*(<)$+U!-EVL+GH4<'(%)*V B

a'*4"@4<+#<'J%*=+>4'&(%@'(4>+)<+:'$;"*&(%)*%*=+UM+."():'(%&+#<'J%*=+6"HH)<(L+-46&<%H(%)*V B

W7%(&8+()+(84+24'<+X%47+E':4<'+696(4:+UM+24'<+X%47+E':4<'+696(4:L+GH4<'(%)*V B

:CC5.52#*,(5#32%>*.52#(32%(8$/59,$'("5./(*(@$*%(75$"(E*>$%*('1'.$>

W7%(&8+()+(84+H'<J%*=+696(4:+UM+!'<J+-%6('*&4+E)*(<)$+U!-EVL+GH4<'(%)*V B

W7%(&8+()+H4<H4*>%&"$'<+H'<J%*=+:)>4+UM+24'<+X%47+E':4<'+696(4:+:)>4+N+U!4<H4*>%&"$'<
H'<J%*=VL+-46&<%H(%)*V B

W7%(&8+()+&<)66+(<';;%&+H'<J%*=+:)>4+UM+24'<+X%47+E':4<'+696(4:L+GH4<'(%)*V B

W7%(&8+()+(<'%$4<+)<+);;,<)'>+6"HH)<(+H'<J%*=+:)>4+U>4H4*>%*=+)*+(84+&)"*(<9V+UM+24'<+X%47
E':4<'+696(4:L+GH4<'(%)*V B

:CC5.52#*,(3$*.+%$'(32%(8$/59,$'("5./(O*%0(:''5'.

W7%(&8+!'<J+.66%6(6+)*+'*>+);;+UM+!'<J+.66%6(+H'<J%*=+6H'&4+64'<&8L+GH4<'(%)*V B

/G3DE1
384+696(4:+7%$$+)*$9+H<)@%>4+@%6"'$+'*>+'">%#$4+7'<*%*=6+;)<+)#6('&$46+7%(8%*+(84+@48%&$4d6+H'(8B

384+696(4:+>%6H$'96+(84+)<%4*('(%)*+$%*46+)*+(84+6&<44*+<4='<>$466+);+(84+@48%&$4d6+6"<<)"*>,
%*=6B+384<4+%6+*)+'"():'(%&+)#6('&$4+>4(4&(%)*B+384+><%@4<+:"6(+4@'$"'(4+784(84<+(84+@48%&$4
7%$$+;%(+%*+(84+H'<J%*=+6H'&4B

:+.2>*.59(4%*05#6(5#.$%8$#.52#

384+'"():'(%&+#<'J%*=+%*(4<@4*(%)*+84$H6+()+'@)%>+&)$$%6%)*6B
D;+(84+@48%&$4+%6+4I"%HH4>+7%(8+(84+'"():'(%&+#<'J%*=+6"HH)<(+;"*&(%)*L+(84+;"*&(%)*+:'9+(<%==4<
4:4<=4*&9+#<'J%*=+%;+'*+)#6('&$4+%6+>4(4&(4>+78%$4+><%@%*=+%*+<4@4<64+)<L+%;+*4&466'<9L+78%$4+><%@%*=
;)<7'<>B
384+;)$$)7%*=+696(4:6+'<4+'@'%$'#$4+>4H4*>%*=+)*+(84+@48%&$4+4I"%H:4*(T
— a'*4"@4<+#<'J%*=+;)<+!'<J+-%6('*&4+E)*(<)$+UM+!'<J+-%6('*&4+E)*(<)$+U!-EVL+-46&<%H(%)*V B
— 1:4<=4*&9+#<'J%*=+;"*&(%)*+;)<+!'<J+.66%6(+UM+!'<J+.66%6(L+-46&<%H(%)*V B
— 1:4<=4*&9+#<'J%*=+;"*&(%)*+;)<+24'<+3<';;%&+.$4<(+UM+24'<+3<';;%&+.$4<(L+-46&<%H(%)*V B

-/$#(C2$'(*#(*+.2>*.59(4%*05#6(5#.$%8$#.52#(/*==$#T
R)<+'*+'"():'(%&+#<'J%*=+%*(4<@4*(%)*L+(84+;)$$)7%*=+<4I"%<4:4*(6+:"6(+#4+:4(T
— 384+@48%&$4+:"6(+*)(+#4+><%@%*=+;'6(4<+(8'*+'HH<)5%:'(4$9+]+:H8+UNP+J:Y8VB
— .+H'<J%*=+696(4:+:"6(+#4+'&(%@4B
— 384+696(4:+:"6(+#4+>4(4&(%*=+'*+)#6('&$4B

384+'"():'(%&+#<'J%*=+%*(4<@4*(%)*+7%$$+*)(+8'HH4*+%;+(84+H'<J%*=+696(4:+7'6+'&(%@'(4>+'"():'(%&'$,
$9+78%$4+><%@%*=+;)<7'<>+UM+!'<J+-%6('*&4+E)*(<)$+U!-EVL+GH4<'(%)*V B

-/*.(/*==$#'(C+%5#6(*#(*+.2>*.59(4%*05#6(5#.$%8$#.52#T
— 384+#<'J46+7%$$+#4+'HH$%4>B
— G2T
G2T+(84+#<'J46+7%$$+#4+'HH$%4>+"*(%$+(84+@48%&$4+&):46+()+'+6()H+'*>+(84+@48%&$4+%6+J4H(+6('(%)*'<9
;)<+'#)"(+(7)+64&)*>6B+!<466+(84+#<'J4+H4>'$B
!<466+(84+#<'J4+H4>'$B

F"5.9/5#6(233
— 384+'"():'(%&+#<'J%*=+%*(4<@4*(%)*+;"*&(%)*+7%$$+#4+>4'&(%@'(4>+%;+(84+H'<J%*=+696(4:+%6+>4'&(%@'(,
4>+)<+%;+(84+;"*&(%)*+%*(4<@4*46B
— 384+:'*4"@4<+#<'J%*=+;"*&(%)*+&'*+#4+(4:H)<'<%$9+>4'&(%@'(4>B+!<466+(84+ +#"(()*+%*+(84+&4*(4<
&)*6)$4+&)*(<)$+H'*4$+UM+-<%@4<+6%>4L+G@4<@%47V B+384*+('H+(84+ +;"*&(%)*+J49+%*+(84+D*;)('%*:4*(
696(4:+'*>+&8'*=4+(84+64((%*=B

F"5.9/5#6(2#
— 384+'"():'(%&+#<'J%*=+%*(4<@4*(%)*+%6+'&(%@'(4>+784*+'+H'<J%*=+696(4:+%6+'&(%@'(4>B
— 384+:'*4"@4<+#<'J%*=+%6+'"():'(%&'$$9+67%(&84>+)*+4'&8+(%:4+(84+%=*%(%)*+%6+67%(&84>+)*B

F=$95*,(92#'5C$%*.52#'("/$#(.2"5#6(*(.%*5,$%
D;+'+(<'%$4<+%6+4$4&(<%&'$$9+&)**4&(4>+()+(84+(<'%$4<+8%(&8+%*6('$$4>+'(+(84+;'&()<9L+(84+;)$$)7%*=+<46(<%&,
(%)*6+'HH$9+UM+3<'%$4<+()7%*=L+D*(<)>"&(%)*Y=4*4<'$+%*;)<:'(%)*V T
— 384+:'*4"@4<+#<'J%*=+%6+>4'&(%@'(4>+'"():'(%&'$$9B

D;+(84+(<'%$4<+8%(&8+7'6+*)(+%*6('$$4>+'(+(84+;'&()<9L+(84+H'<J%*=+696(4:+:"6(+#4+:'*"'$$9+>4'&(%@'(4>
784*+()7%*=+'+(<'%$4<B
C.2/D/0
384+%*&<4'64>+&):;)<(+);;4<4>+#9+(84+H'<J%*=+696(4:+'"():'(%&+#<'J%*=+%*(4<@4*(%)*+68)"$>+*)(
&'"64+9)"+()+('J4+6';4(9+<%6J6B+D*+6):4+6%("'(%)*6L+;"*&(%)*+);+(84+'"():'(%&+#<'J%*=+%*(4<@4*(%)*
:'9+#4+$%:%(4>+)<+%(+:'9+*)(+;"*&(%)*+'(+'$$B+E)$$%6%)*6+7%(8+)#6('&$46+&'*+$4'>+()+%*A"<%46+'*>+@48%,
&$4+>':'=4B+384+696(4:+&'**)(+<4H$'&4+(84+><%@4<d6+'((4*(%)*B
● W('9+'((4*(%@4+'*>+>)+*)(+<4$9+)*$9+)*+(84+H'<J%*=+696(4:6B
● .$7'96+#4+<4'>9+()+('J4+)@4<+#<'J%*=+'*>+6(44<%*=B
● -)+*)(+('J4+'*9+<%6J6+784*+%(+&):46+()+6';4(9B
● 24'&(+()+(84+7'<*%*=6+'*>+<4&)::4*>'(%)*6+;<):+(84+H'<J%*=+696(4:6B
● 384+!'<J+.66%6(+'"():'(%&+#<'J%*=+%*(4<@4*(%)*+7%$$+4*>+';(4<+'HH<)5%:'(4$9+NB\+64&)*>6B+.;(4<
(84+'"():'(%&+#<'J%*=+%*(4<@4*(%)*L+(84+><%@4<+:"6(+'HH$9+(84+#<'J46B

W7%(&8+(84+H'<J%*=+696(4:+);;+%;+'"():'(%&+#<'J%*=+%*(4<@4*(%)*+8'HH4*6+())+;<4I"4*($9L+;)<
45':H$4+784*+><%@%*=+);;,<)'>B

D;+:'*4"@4<+#<'J%*=+;)<+!-E+8'6+4*='=4>L+(84+;"*&(%)*+<4:'%*6+%*'&(%@4+%*+(84+6':4+>%<4&,
(%)*+);+(<'@4$+;)<+\+:4(4<6+)<+%6+)H4<'(%)*'$+'='%*+';(4<+&8'*=%*=+'+=4'<B

384+H'<J%*=+H<)&466+%6+&'*&4$4>+;)$$)7%*=+'+!'<J+.66%6(+4:4<=4*&9+#<'J%*=+%*(4<@4*(%)*B

R)$$)7%*=+'+24'<+3<';;%&+.$4<(+4:4<=4*&9+#<'J%*=+%*(4<@4*(%)*L+9)"+:"6(+7'%(+NP+64&)*>6+#4,
;)<4+'*+'"():'(%&+#<'J%*=+6"HH)<(+&'*+)&&"<+'='%*B

K%2+4,$'/22.5#6

K/$(=*%05#6('1'.$>(5'(3+#9.52#5#6(C533$%$#.,1(./*#($<=$9.$C
384<4+'<4+64@4<'$+H)66%#$4+&'"646T
— 384+696(4:+&)*>%(%)*6+'<4+*)(+:4(+UM+!'<J%*=+696(4:6L+24I"%<4:4*(6V B
— 384+64*6)<6+)<+&':4<'+:'9+#4+>%<(9+)<+&)@4<4>+7%(8+%&4+UM+X48%&$4+&'<4+45(4<%)<L+E$4'*%*=Y&'<4V B
— 384+&':4<'+$4*6+%6+>%<(9+'*>+(84+&':4<'+%:'=4+%6+*)(+&$4'<+UM+X48%&$4+&'<4+45(4<%)<L
E$4'*%*=Y&'<4V B
— W)"<&46+);+*)%64L+6"&8+'6+'+A'&J8'::4<+)<+><%@%*=+)@4<+&)##$46()*46L+&'*+%*(4<;4<4+7%(8+(84+"$(<',
6)*%&+6%=*'$B
— 384+@48%&$4+:'9+#4+>':'=4>+%*+(84+<'>'<+64*6)<+'<4'L+;)<+45':H$4L+;<):+H'<J%*=+#'<<%4<6B
— 384+'<4'6+>4(4&(4>+#9+(84+64*6)<6+)<+&':4<'+:'9+#4+#$)&J4>+#9+'&&466)<%46+6"&8+'6+#%J4+&'<<%4<6B
— 384<4+:'9+8'@4+#44*+&8'*=46+()+(84+H'%*(+)<+@48%&$4+6(<"&("<4+%*+(84+'<4'+784<4+(84+64*6)<6+)<
&':4<'+'<4+$)&'(4>L+;)<+45':H$4+)*+(84+;<)*(+);+(84+@48%&$4+)<+(84+6"6H4*6%)*B

!'9+'((4*(%)*+()+(84+(45(+:466'=46+68)7*+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9+'*>+%*+(84+D*;)('%*:4*(
696(4:B

J2('$#'2%(2%(9*>$%*(85$"(2%(./$(=*%05#6('1'.$>(/*'(4$$#('"5.9/$C
233
D;+'+64*6)<+:'$;"*&(%)*6L+(84+64*6)<+'<4'+%6+>4'&(%@'(4>B+384+64*6)<+'<4'+';;4&(4>+&'*+#4+>%6H$'94>+%*
(84+D*;)('%*:4*(+696(4:+#9+(84+ +69:#)$B+384+H'<J%*=+696(4:+:'9+#4+&):H$4(4$9+67%(&84>+);;B
C84*+!'<J+-%6('*&4+E)*(<)$+%6+:'$;"*&(%)*%*=L+'*+'&)"6(%&+7'<*%*=+%6+4:%((4>+'*>+'+(45(+:466'=4
'HH4'<6+)*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9B
— E84&J+%;+)*4+);+(84+&'"646+$%6(4>+%6+<46H)*6%#$4B
— G*&4+(84+6)"<&4+);+(84+%66"4+8'6+#44*+<46)$@4>L+9)"+&'*+67%(&8+(84+696(4:+)*+'='%*B
— D;+(84+H<)#$4:+H4<6%6(6L+&)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<,
@%&4+R'&%$%(9B

O*%0(:''5'.(5'(*9.58$(*#C(./$(8$/59,$(4%*0$'
D*+6):4+&)"*(<%46L+!'<J+.66%6(+&'*+'66%6(+(84+><%@4<+7%(8+'"():'(%&+#<'J%*=+%*+&4<('%*+6%("'(%)*6+UM
."():'(%&+#<'J%*=+6"HH)<(L+-46&<%H(%)*V B
-4H4*>%*=+)*+(84+@48%&$4+4I"%H:4*(+'*>+&4<('%*+&)*>%(%)*6L+6"&8+'6+(84+74'(84<L+@48%&$4+$)'>L+)<
'*=$4+);+(84+@48%&$4L+!'<J+.66%6(+:'9+'"():'(%&'$$9+'HH$9+(84+@48%&$4+#<'J46+%;+(84<4+%6+'*+)#6('&$4B
384+><%@4<+:"6(+(84*+H<466+(84+#<'J4+H4>'$B
384+H'<J%*=+H<)&466+7%$$+#4+&'*&4$4>+%;+'"():'(%&+#<'J%*=+)&&"<6B

O*%0(:''5'.(5'(*9.58$(*#C(./$(=*%05#6(=%29$''(5'(*+.2>*.59*,,1
9*#9$,$C
!'<J+.66%6(+7%$$+4*>+(84+H'<J%*=+H<)&466+%;+)*4+);+(84+;)$$)7%*=+6%("'(%)*6+)&&"<6T
— 384+ +;"*&(%)*+J49+%6+H<4664>B
— 384+><%@4<+('J46+)@4<+6(44<%*=B
— 384+><%@4<c6+>))<+%6+)H4*4>B
— 384+(%:4+$%:%(+)<+*":#4<+);+:)@4:4*(6+;)<+(84+H'<J%*=+H<)&466+%6+45&44>4>B
— .W2+%6+67%(&84>+);;+)<+%(+4*='=46B
— 384<4+%6+'+696(4:+:'$;"*&(%)*B

246('<(+(84+H'<J%*=+H<)&466+UM+!'<J+.66%6(+H'<J%*=+6H'&4+64'<&8L+GH4<'(%)*V B

O*%0(:''5'.(5'(*9.58$(*#C('+==2%.'('.$$%5#6(>28$>$#.'("/$#(./$(8$M
/59,$(5'('.*.52#*%1
D;+!'<J+.66%6(+'((4:H(6+()+("<*+(84+6(44<%*=+78%$4+(84+@48%&$4+%6+6('(%)*'<9L+(84+78%(4+ +69:#)$+'H,
H4'<6+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9B
— !<466+(84+#<'J4+H4>'$B

:3.$%(*("/$$,(9/*#6$P(O*%0(:''5'.(C%58$'(5#(*#C(2+.(23(=*%05#6('=*M
9$'(5#*99+%*.$,1
C84*+H'<J%*=L+(84+<46"$(6+);+><%@%*=+%*()+)<+)"(+);+'+6H'&4+'<4+7)<64L+4B=B+(84+>%6('*&4+()+(84+&"<#+%6
%*&<4'64>+)<+<4>"&4>B
— -<%@4+(84+@48%&$4+)@4<+'+$)*=4<+>%6('*&4L+%*&$">%*=+'<)"*>+#4*>6B
384+!'<J+.66%6(+696(4:+'"():'(%&'$$9+$4'<*6+(84+*47+7844$+6%?46B

O*%0(A5'.*#9$(E2#.%2,(HOAEI

G#.%2C+9.52#

R%=B+
R%=B+NN+ G*+(84+D*;)('%*:4*(+696(4:+6&<44*T+!'<J+-%6('*&4+E)*(<)$+>%6H$'9+7%(8+6(44<%*=+7844$+'*,
=$4+'*>+)#6('&$46B

384+!'<J+-%6('*&4+E)*(<)$+696(4:+U!-EV+'66%6(6+(84+><%@4<+784*+H'<J%*=+'*>+:'*4"@4<%*=B

384+!'<J+-%6('*&4+E)*(<)$+696(4:+U!-EV+>4(4&(6+(84+>%6('*&4+()+'*+)#6('&$4+"6%*=+64*6)<6+%*+(84
;<)*(+'*>+<4'<+'<4'6+);+(84+@48%&$4+UM+R<)*(+@%47L+G@4<@%47V +UM+24'<+@%47L+G@4<@%47V B+384+696,
(4:+"646+%:'=46+)*+(84+D*;)('%*:4*(+696(4:+6&<44*+'*>+6%=*'$+&8%:46+()+%*>%&'(4+%;+'*+)#6('&$4
%6+7%(8%*+(84+&)@4<'=4+'<4'+);+(84+64*6)<6+M+;%=B+N +L+M+ B

F$.+=
n)"+&'*+6'@4+6):4+!-E+64((%*=6L+6"&8+'6+@)$":4+'*>+6%=*'$+()*46L+%*+(84+><%@4<+H4<6)*'$%?'(%)*
"64<+H<);%$46B+384+64((%*=6+7%$$+'"():'(%&'$$9+&8'*=4+784*+(84+'&&)"*(+%6+&8'*=4>+UM+-<%@4<+H4<,
6)*'$%?'(%)*L+-46&<%H(%)*V B

F=$95*,(92#'5C$%*.52#'("/$#(.2"5#6(*(.%*5,$%
384+<4'<+64*6)<6+;)<+!'<J+-%6('*&4+E)*(<)$+'<4+*)(+67%(&84>+)*+%;+(84+(<'%$4<+8%(&8+%*6('$$4>+'(+(84
;'&()<9+%6+&)**4&(4>+()+(84+(<'%$4<+4$4&(<%&'$+696(4:B
C.2/D/0
384+%*(4$$%=4*(+(4&8*)$)=9+);+(84+!'<J+-%6('*&4+E)*(<)$+U!-EV+&'**)(+)@4<&):4+(84+*'("<'$+$'76
);+H896%&6+'*>+%(+&'*+)*$9+)H4<'(4+7%(8%*+(84+$%:%(6+);+(84+696(4:B+/)(+H'9%*=+'((4*(%)*+&'*+<4,
6"$(+%*+'&&%>4*(6L+64<%)"6+%*A"<%46+'*>+@48%&$4+>':'=4B
● 384+!-E+&'**)(+<4H$'&4+(84+><%@4<d6+'((4*(%)*B

/G3DE1
-)+*)(+&)*(%*"4+><%@%*=B+384+&)$$%6%)*+'<4'+8'6+#44*+<4'&84>+784*+(84+*45(+()+$'6(+64=:4*(+%6
>%6H$'94>B

/G3DE1
D*+)<>4<+()+;"$$9+6&'*+'*>+>%6H$'9+(84+6%>4+'<4'6L+9)"+:"6(+:)@4+(84+@48%&$4+'+;47+9'<>6+;)<7'<>
)<+#'&JB+.*9+)#6('&$46+(8'(+4*(4<+(8464+'<4'6+;<):+(84+)"(6%>4+'<4+*)(+>%6H$'94>B

F"5.9/5#6(O*%0(:''5'.(2#(*#C(233

F"5.9/5#6(2#
D;+<4@4<64+=4'<+%6+4*='=4>+)<+(84+@48%&$4+%6+<)$$%*=+%*+<4@4<64L+(84+!-E+7%$$+("<*+)*+'"():'(%&'$$9B
G2T+3'H+(84+ +#"(()*+%*+(84+&4*(4<+&)*6)$4+&)*(<)$+H'*4$+UM+-<%@4<+6%>4L+G@4<@%47V B+384*+('H
— G2T
(84+ +;"*&(%)*+J49+%*+(84+D*;)('%*:4*(+696(4:B

F"5.9/5#6(233
D;+(84+@48%&$4+%6+><%@%*=+;)<7'<>+;'6(4<+(8'*+],`+:H8+UNP,N\+J:Y8VL+(84+!-E+7%$$+("<*+);;
'"():'(%&'$$9B
— G2T
G2T+4*='=4+H'<J%*=+$)&JB
— G2T
G2T+('H+(84+ +;"*&(%)*+J49+%*+(84+D*;)('%*:4*(+696(4:B
— G2T
G2T+3'H+(84+ +#"(()*+%*+(84+&4*(4<+&)*6)$4+&)*(<)$+H'*4$+UM+-<%@4<+6%>4L+G@4<@%47V B

:+.2>*.59(*9.58*.52#("/$#(C%585#6(32%"*%C(
:+.2>*.59(*9.58*.52#("/$#(C%585#6(32%"*%C(HC$=$#C5#6(2#(8$/59,$
HC$=$#C5#6(2#(8$/59,$
$[+5=>$#.I
D;+><%@%*=+;)<7'<>+()7'<>+'*+)#6('&$4+'(+$466+(8'*+`+:H8+UN\+J:Y8VL+!-E+%6+'&(%@'(4>+'"():'(%&'$,
$9B+."():'(%&+'&(%@'(%)*+&'*+#4+67%(&84>+)*+%*+(84+D*;)('%*:4*(+696(4:T
— 3'H+(84+ +#"(()*+%*+(84+&4*(4<+&)*6)$4+&)*(<)$+H'*4$+UM+-<%@4<+6%>4L+G@4<@%47V B
— 3'H+(84+ +;"*&(%)*+J49+%*+(84+D*;)('%*:4*(+696(4:+'*>+:'J4+(84+'>A"6(:4*(B

384+696(4:+7%$$+'&(%@'(4+'"():'(%&'$$9+)*$9+)*&4B+384+696(4:+&'*+'&(%@'(4+'"():'(%&'$$9+'='%*+%*
(84+;)$$)7%*=+&)*>%(%)*6T
— W7%(&8+!'<J+-%6('*&4+E)*(<)$+#'&J+)*B
— W7%(&8+(84+%=*%(%)*+);;+'*>+#'&J+)*+'='%*B
@$*%(75$"(E*>$%*(H@$*%(75$"I

G#.%2C+9.52#

384+24'<+X%47+E':4<'+696(4:+%*+(84+<4'<+);+(84+@48%&$4+:'J46+%(+4'6%4<+;)<+(84+><%@4<+()+644+#4,
8%*>+(84+@48%&$4+'*>+'66%6(6+784*+H'<J%*=B

384+24'<+X%47+E':4<'+696(4:+68)76+(84+'<4'+#48%*>+(84+@48%&$4+)*+(84+D*;)('%*:4*(+696(4:
6&<44*B+-4H4*>%*=+)*+(84+:)>4+'*>+@48%&$4+4I"%H:4*(L+)<%4*('(%)*+$%*46+:'9+'66%6(+%*+(84+@%47
()7'<>+(84+<4'<B

O*%05#6(>2C$'(23(./$(@$*%(75$"(E*>$%*('1'.$>
-4H4*>%*=+)*+(84+@48%&$4+4I"%H:4*(L+(84+;)$$)7%*=+@%476+:'9+#4+'@'%$'#$4+;)<+(84+24'<+X%47
E':4<'+696(4:T
— !4<H4*>%&"$'<+H'<J%*=
!4<H4*>%&"$'<+H'<J%*=+ T+0"%>4+$%*46+84$H+784*+H'<J%*=+%*+<4@4<64+H4<H4*>%&"$'<+()+(84
<)'>B
— 3<'%$4<+6"HH)<(
3<'%$4<+6"HH)<(+ +)<+G;;,<)'>+6"HH)<(
G;;,<)'>+6"HH)<(T+-4H%&(%)*+);+(84+'<4'+%::4>%'(4$9+#48%*>+(84+@48%,
&$4+7%(8+'+8%=8+?)):+;'&()<+'*>+="%>4+$%*46+U>4H4*>%*=+)*+(84+@48%&$4+4I"%H:4*(VB
— E<)66+(<';;%&
E<)66+(<';;%&+ T+-4H%&(%)*+);+(84+'<4'+#48%*>+(84+@48%&$4+'*>+(84+'<4'6+()+(84+6%>4+);+(84+@4,
8%&$4+'(+'+7%>4+'*=$4+UgggR%68+494hhhVB

C.2/D/0
384+%*(4$$%=4*(+(4&8*)$)=9+);+(84+!'<J+-%6('*&4+E)*(<)$+U!-EV+&'**)(+)@4<&):4+(84+*'("<'$+$'76
);+H896%&6+'*>+%(+&'*+)*$9+)H4<'(4+7%(8%*+(84+$%:%(6+);+(84+696(4:B+.&&%>4*(6L+64<%)"6+%*A"<%46L
'*>+@48%&$4+>':'=4+&'*+<46"$(B
● 384+!-E+&'**)(+<4H$'&4+(84+><%@4<d6+'((4*(%)*B

E.F3DG/
X48%&$46+7%(8+'+67%@4$%*=+4:#$4:T+384+24'<+X%47+E':4<'+696(4:+45(4*>%*=+&'*+&'"64+64<%)"6
%*A"<%46+>"4+()+4*(<'H:4*(B
— C84*+4*='=%*=+<4@4<64+=4'<L+:'J4+6"<4+(8'(+(84<4+'<4+*)+H4<6)*6+>%<4&($9+#48%*>+(84+@48%,
&$4+'*>+(8'(+*)#)>9+&'*+%*(4<@4*4+%*+(84+<'*=4+);+)H4<'(%)*+);+(84+X)$J67'=4*+4:#$4:+)*
(84+(<"*J+$%>B

F"5.9/5#6(./$(@$*%(75$"(E*>$%*('1'.$>(2#(*#C(233

F"5.9/5#6(2#
— W4$4&(+(84+<4@4<64+=4'<B
G2T+3'H+(84+ +#"(()*+%*+(84+&4*(4<+&)*6)$4+&)*(<)$+H'*4$+UM+-<%@4<+6%>4L+G@4<@%47V B+384*+('H
— G2T
(84+ +;"*&(%)*+J49+%*+(84+D*;)('%*:4*(+696(4:B

F"5.9/5#6(233
384+24'<+X%47+E':4<'+696(4:+("<*6+);;+'"():'(%&'$$9+784*+><%@%*=+;)<7'<>+)@4<+`+:H8+UN\
J:Y8VB
— G2T
G2T+('H+(84+ +;"*&(%)*+J49+%*+(84+D*;)('%*:4*(+696(4:B

(K%*5,$%('+==2%.
G*+@48%&$46+7%(8+'+(<'%$4<+8%(&8+%*6('$$4>+'(+(84+;'&()<9L+(<'%$4<+6"HH)<(+&'*+#4+"64>+;)<+'66%6('*&4
784*+'(('&8%*=+(84+(<'%$4<+()+'+><'7+#'<B
b%*46+7%$$+'HH4'<+%*+(84+D*;)('%*:4*(+696(4:B
24>+$%*46T+H)6%(%)*+);+(84+(<'%$4<+8%(&8B
0<44*+$%*46T+>%6('*&4+()+(84+(<'%$4<+8%(&8B
G<'*=4+$%*4T+H<4>%&(4>+>%<4&(%)*+);+(84+(<'%$4<+8%(&8+#'64>+)*+(84+6(44<%*=+7844$+'*=$4B

O*%05#6(=$%=$#C59+,*%(.2(./$(%2*C
R%=B+
R%=B+NN+ W&<44*+>%6H$'9+%*+(84+D*;)('%*:4*(+696(4:T+H'<J%*=+7%(8+(84+24'<+X%47+E':4<'+696(4:B

W4'<&8%*=+;)<+'+H'<J%*=+6H'&4B
W(44<%*=+()7'<>+(84+64$4&(4>+H'<J%*=+6H'&4B
.$%=*%*=+(84+@48%&$4+7%(8%*+(84+H'<J%*=+6H'&4B
N 2)'>+6"<;'&4B
Q !'<J%*=+6H'&4B
O W%>4+#)"*>'<9+);+(84+H'<J%*=+6H'&4B
Z 24'<+#)"*>'<9+);+(84+H'<J%*=+6H'&4B

A%585#6(5#.2(=*%05#6('=*9$'
— [4;)<4+><%@%*=+H'6(+(84+64$4&(4>+H'<J%*=+6H'&4L+('H+(84+ +#"(()*+%*+(84+&4*(4<+&)*6)$4+&)*,
(<)$+H'*4$+UM+-<%@4<+6%>4L+G@4<@%47V B+384*+('H+(84+ +;"*&(%)*+J49+%*+(84+D*;)('%*:4*(+696(4:B
— 3'H+(84+ +;"*&(%)*+J49+%*+(84+D*;)('%*:4*(+696(4:B
— !)6%(%)*+9)"<+@48%&$4+%*+;<)*(+);+(84+H'<J%*=+6H'&4+M+;%=B+N + + Q B
— W(44<+6)+(8'(+(84+94$$)7+$%*46+$4'>+%*()+(84+H'<J%*=+6H'&4B+384+=<44*+'*>+94$$)7+$%*46+:"6(
'$%=*+7%(8+(84+6%>4+#)"*>'<9+$%*46+M+;%=B+N + + O B
— W()H+784*+(84+<4>+$%*4+<4'&846+(84+<4'<+#)"*>'<9+M+;%=B+N + + Z B

O*%0(:''5'.

G#.%2C+9.52#

!'<J+.66%6(+>%6H$'96+'+6"%('#$4+H'<J%*=+6H'&4+'*>+'66%6(6+(84+><%@4<+784*+H'<J%*=+'*>+$4'@%*=
(84+H'<J%*=+6H'&4B

!'<J+.66%6(+%6+'*+45(4*6%)*+);+(84+H'<J%*=+696(4:+UM+!'<J+-%6('*&4+E)*(<)$+U!-EVL+D*(<)>"&,
(%)*Y=4*4<'$+%*;)<:'(%)*V B
!'<J+.66%6(+6(44<6+(84+@48%&$4+'"():'(%&'$$9B+384+><%@4<+:"6(+)H4<'(4+(84+'&&4$4<'()<+H4>'$+'*>
(84+#<'J46+M+ B
384+;)$$)7%*=+;"*&(%)*6+'<4+6"HH)<(4>T
— -%6H$'9+6"%('#$4+H'<J%*=+6H'&46B
— W4$4&(+H'<J%*=+:)>4B
— -<%@%*=+%*()+'+6"%('#$4+H'<'$$4$+H'<J%*=+6H'&4+)<+H'<J%*=+#'9B
— -<%@%*=+)"(+);+'+6"%('#$4+H'<'$$4$+H'<J%*=+6H'&4B

!'9+'((4*(%)*+()+(84+:466'=4+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9B

C.2/D/0
384+%*(4$$%=4*(+(4&8*)$)=9+);+(84+!'<J+-%6('*&4+E)*(<)$+U!-EV+&'**)(+)@4<&):4+(84+*'("<'$+$'76
);+H896%&6+'*>+%(+&'*+)*$9+)H4<'(4+7%(8%*+(84+$%:%(6+);+(84+696(4:B+/)(+H'9%*=+'((4*(%)*+&'*+<4,
6"$(+%*+'&&%>4*(6L+64<%)"6+%*A"<%46L+'*>+@48%&$4+>':'=4B
● 384+!-E+&'**)(+<4H$'&4+(84+><%@4<d6+'((4*(%)*B
● .$7'96+J44H+'*+494+)*+(84+H'<J%*=+>%<4&(%)*+'*>+(84+'<4'+'<)"*>+(84+@48%&$4m+6:'$$+&8%$><4*L
'*%:'$6L+'*>+)#A4&(6+'<4+*)(+'$7'96+>4(4&(4>B

C.2/D/0
3"<*%*=+(84+6(44<%*=+7844$+())+I"%&J$9+&'*+&'"64+64<%)"6+%*A"<%46B
● /4@4<+=<'#+(84+6(44<%*=+7844$+>"<%*=+(84+:'*4"@4<+"*(%$+(84+696(4:+H<):H(6+9)"+()+>)+6)B
● D;+(84+@48%&$4+%6+'HH<)'&8%*=+'+>'*=4<)"6+6%("'(%)*L+%*(4<@4*4+'*>+('J4+)@4<+6(44<%*=B

/G3DE1
!'<J+.66%6(+)<%4*(6+%(64$;+()+H'<J4>+@48%&$46L+&"<#6L+)<+)(84<+)#A4&(6B+a'J4+6"<4+(84+@48%&$4+(%<46
'*>+<%:6+'<4+*)(+>':'=4>+784*+H'<J%*=B
● D;+*4&466'<9L+6()H+(84+H'<J%*=+H<)&466+'(+(84+&)<<4&(+(%:4B
.;(4<:'<J4(+'&&466)<%46+:)"*(4>+)*+(84+@48%&$4L+6"&8+'6+#%&9&$4+<'&J6L+&'*+%*(4<;4<4+7%(8
!'<J+.66%6(+'*>+&'*+&'"64+>':'=4B

D;+'+(<'%$4<+(8'(+%6+&)**4&(4>+()+(84+4$4&(<%&'$+696(4:+%6+>4(4&(4>+#9+(84+@48%&$4L+!'<J+.6,
6%6(+&'**)(+#4+'&(%@'(4>+UM+3<'%$4<+()7%*=L+R"*&(%)*V B

[<'J%*=+:'9+)&&"<+>"<%*=+H'<J%*=+:'*4"@4<6+%;+(84+><%@4<+'&&4$4<'(46+())+:"&8B

D;+9)"+"64+'*9+)(84<+;"*&(%)*6+%*+(84+D*;)('%*:4*(+696(4:+78%$4+9)"+'<4+H'<J%*=L+(84
H'<J%*=+;"*&(%)*+'*>+%(6+7'<*%*=+&8%:46+7%$$+#4+>4'&(%@'(4>B

F$*%9/5#6(32%(=*%05#6('=*9$'

R%=B+
R%=B+NN+ D*+(84+D*;)('%*:4*(+696(4:T+!<4;4<<4>+H'<J%*=+6H'&4+U#$"4+@48%&$4V+'*>+)(84<+H'<J%*=+6H',
&46+U=4*4<'$+45':H$4VB

N /":#4<+);+>4(4&(4>+H'<J%*=+6H'&46B
Q !)66%#$4+H'<J%*=+:)>46+U:'5%:":+);+(7)+H'<J%*=+6H'&46+H4<+6%>4+);+(84+<)'>VT
— !'<'$$4$+H'<J%*=+%*+<4@4<64B
— E<)66+H'<J%*=+><%@%*=+;)<7'<>B
— E<)66+H'<J%*=+%*+<4@4<64B
F$*%9/5#6(32%(=*%05#6('=*9$'
— 3'H+(84+ +#"(()*+%*+(84+&4*(4<+&)*6)$4+&)*(<)$+H'*4$+UM+-<%@4<+6%>4L+G@4<@%47V B
— 3'H+(84+ +;"*&(%)*+J49+%*+(84+D*;)('%*:4*(+696(4:B
— C8%$4+H'9%*=+'((4*(%)*+()+(<';;%&+'<)"*>+9)"<+@48%&$4L+><%@4+6$)7$9+H'6(+'+<)7+);+H'<J4>
@48%&$46B
— 384+!'<J+.66%6(+7%$$+'"():'(%&'$$9+$))J+;)<+H)66%#$4+H'<J%*=+6H'&46B
— 384+!'<J+.66%6(+7%$$+'"():'(%&'$$9+64$4&(+'+H'<J%*=+6H'&4+'*>+>%6H$'96+%(+'6+(84+H<4;4<<4>+H'<J,
%*=+6H'&4+U#$"4+@48%&$4V+%*+(84+D*;)('%*:4*(+696(4:+M+;%=B+N + Q B

E/*#65#6(=*%05#6('=*9$'
D;+'>>%(%)*'$+H'<J%*=+6H'&46+'<4+>%6H$'94>+'$)*=+(84+6(<44(L+9)"+&'*+67%(&8+#4(744*+(84+H'<J%*=
6H'&46L+4B=B+67%(&8%*=+;<):+H4<H4*>%&"$'<+()+H'<'$$4$+H'<J%*=T

— 3'H+(84+>46%<4>+H'<J%*=+6H'&4+)*+(84+D*;)('%*:4*(+696(4:+6&<44*+M+;%=B+N + Q B
— 3'H+(84+ +69:#)$+M+;%=B+N + Q B
— 384+>%6H$'9+7%$$+#4+"H>'(4>B+384+>46%<4>+H'<J%*=+6H'&4+7%$$+*)7+#4+>%6H$'94>+'6+(84+H<4;4<<4>
H'<J%*=+6H'&4+U#$"4+@48%&$4VB

!'<J+.66%6(+&'*+#4+'&(%@'(4>+';(4<7'<>6B+D;+9)"+><%@4+H'6(+'+6"%('#$4+H'<J%*=+6H'&4L+(8%6
7%$$+#4+%*>%&'(4>B

D;+!'<J+.66%6(+%6+*)(+'&(%@'(4>L+>4(4&(4>+H'<J%*=+6H'&46+M+;%=B+N + N +'<4+68)7*+%*+(84
!'<J+-%6('*&4+E)*(<)$+6&<44*+>%6H$'9L+%;+*4&466'<9B

A%585#6(5#.2(=*%05#6('=*9$'
R%=B+
R%=B+NN+ G*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9T+><%@4+%*()+'+H'<J%*=+6H'&4+'$)*=+(84+<)'>+U=4*4<'$+45,
':H$4VB

W4'<&8+;)<+'+H'<J%*=+6H'&4B
-<%@%*=+%*()+'+H'<J%*=+6H'&4B
a'*4"@4<%*=+%*()+'+H'<J%*=+6H'&4B
N !<):H(+()+><%@4+;)<7'<>B
Q n)"<+@48%&$4B
O -4(4&(4>+H'<J%*=+6H'&4B
Z 24I"46(+()+#<'J4B
\ !<)=<466+#'<+U<4$'(%@4+>%6('*&4+<4:'%*%*=VB
] 24I"46(+()+><%@4+#'&J7'<>6+U7%(8+H<)=<466+%*>%&'()<VB
R%=B+
R%=B+QQ+ G*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9T+!<):H(+;)<+&8'*=%*=+><%@%*=+>%<4&(%)*+

+;)<7'<>+)<+

+#'&J7'<>B

A%585#6(5#.2(*(=*%05#6('=*9$("5./(O*%0(:''5'.
24I"%<4:4*(6T
✓ !'<J+.66%6(+7'6+'&(%@'(4>B
✓ .+H<4;4<<4>+H'<J%*=+:)>4+UH'<J%*=+'<4'V+%6+>%6H$'94>+%*+(84+D*;)('%*:4*(+696(4:B

3'H+(84+ +;"*&(%)*+J49+%*+(84+D*;)('%*:4*(+696(4:B
G2T
G2T+C84*+><%@%*=+%*+<4@4<64+%*()+'+H'<J%*=+6H'&4L+4*='=4+(84+<4@4<64+=4'<+2
2B
24$4'64+(84+6(44<%*=+7844$B
G#64<@4+(84+(45(+:466'=46+'6+74$$+'6+(84+>%6H$'9+;)<+(84+H'<J%*=+H<)&466+)*+(84+%*6(<":4*(
&$"6(4<+>%6H$'9B
.&&4$4<'(4+&'<4;"$$9B
.HH$9+(84+#<'J46+%;+'+7'<*%*=+&8%:4+6)"*>6L+(84+ +%*>%&'()<+$%=8(6+"HL+)<+'+:466'=4+'HH4'<6
)*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9B
D;+'+&8'*=4+);+><%@%*=+>%<4&(%)*+%6+68)7*+%*+(84+%*6(<":4*(+&$"6(4<L+#<'J4+'*>+&8'*=4+=4'<+'&,
&)<>%*=$9+M+;%=B+Q B
D(+:'9+#4+*4&466'<9+()+&):H$4(4+(84+H'<J%*=+:'*4"@4<+%*+64@4<'$+:)@46B+C84*+(84+H<)&466+);
><%@%*=+%*()+'+H'<J%*=+6H'&4+%6+;%*%684>L+'+(45(+:466'=4+'HH4'<6+%*+(84+%*6(<":4*(+&$"6(4<
>%6H$'9B

.(+(84+4*>+);+'+H'<J%*=+:'*4"@4<L+'$7'96+7'%(+"*(%$+!'<J+.66%6(+8'6+&):H$4(4>+'$$+<)('(%)*'$
:)@4:4*(6+);+(84+6(44<%*=+7844$+%*+)<>4<+()+'&8%4@4+'*+)H(%:":+H'<J%*=+<46"$(B
!'<J+(84+@48%&$4+'*>+("<*+);;+(84+4*=%*4+UM+!'<J%*=L+.&(%)*V B

:9.58*.5#6(O*%0(:''5'.(,*.$%
24I"%<4:4*(6T
✓ 384+H'<J%*=+H<)&466+8'6+'$<4'>9+#44*+6('<(4>+#"(+!'<J+.66%6(+%6+*)(+'&(%@'(4>B

24@4<6%*=+%*()+'+H'<J%*=+6H'&4

24@4<64+=4'<+8'6+#44*+4*='=4>B+384+!'<J+-%6('*&4+E)*(<)$+>%6H$'9+%6+67%(&84>+)*B
3'H+(84+ +;"*&(%)*+J49+()+6('<(+!'<J+.66%6(B
W7%(&8+(84+H<4;4<<4>+H'<J%*=+6H'&4+U#$"4+@48%&$4V+%;+*4&466'<9+UM+GH4<'(%)*L+!'<J+.66%6(+H'<J,
%*=+6H'&4+64'<&8V B
+3'H+(84+;"*&(%)*+J49+ +)*+(84+D*;)('%*:4*(+696(4:+()+6('<(+(84+H'<J%*=+H<)&4>"<4B
b4(+=)+);+(84+6(44<%*=+7844$+'*>+;)$$)7+'$$+(84+'&(%)*6+'6+>46&<%#4>+'#)@4B

-<%@%*=+;)<7'<>+%*()+'+H'<J%*=+6H'&4

384+@48%&$4+%6+><%@4*+;)<7'<>+%*()+'+H'<J%*=+6H'&4B
— 3'H+(84+ +#"(()*+%*+(84+&4*(4<+&)*6)$4+&)*(<)$+H'*4$+UM+-<%@4<+6%>4L+G@4<@%47V B
— 3'H+(84+ +;"*&(%)*+J49+%*+(84+D*;)('%*:4*(+696(4:B
— 3'H+(84+;"*&(%)*+J49+ +)*+(84+D*;)('%*:4*(+696(4:+()+6('<(+(84+H'<J%*=+H<)&4>"<4B
— G2T
G2T+1*='=4+<4@4<64+=4'<+2
2B
— b4(+=)+);+(84+6(44<%*=+7844$+'*>+;)$$)7+'$$+(84+'&(%)*6+'6+>46&<%#4>+'#)@4B

!'<J+.66%6(+&'*+'$6)+#4+'&(%@'(4>+%*>4H4*>4*(+);+(8464+H'<J%*=+6&4*'<%)6B+.@'%$'#$4+H'<J%*=+6H',
&46+'<4+>%6H$'94>+'"():'(%&'$$9+M+;%=B+N + N B

D;+(84+><%@4<+6()H6+'+<4@4<64+H'<J%*=+H<)&466+'*>+(84*+4*='=46+<4@4<64+=4'<+'='%*L+!'<J
.66%6(+%6+'&(%@'(4>+'='%*B

384+$'*4+68)7*+)*+(84+D*;)('%*:4*(+696(4:+>"<%*=+'+H'<J%*=+H<)&466+%6+'+=4*4<'$+45':,
H$4B+D(+>)46+*)(+&)<<46H)*>+()+(84+'&("'$+H'<J%*=+H<)&466+#9+!'<J+.66%6(B

;<5.5#6(*(=*%05#6('=*9$
R%=B+
R%=B+NN+ D*+(84+D*;)('%*:4*(+696(4:T+15%(%*=+'+H'<J%*=+6H'&4+7%(8+('<=4(+H)6%(%)*+ N +'*>+(84+@48%,
&$4+%*+(84+H'<J%*=+6H'&4+ Q +U=4*4<'$+45':H$4VB

GH(%)*+NT
— W('<(+(84+4*=%*4B
— !<466+'*>+8)$>+(84+#<'J4+H4>'$B
— .&(%@'(4+(84+("<*+6%=*'$+;)<+(84+6%>4+);+(84+<)'>+784<4+(84+@48%&$4+68)"$>+><%@4+)"(+);+(84+H'<J,
%*=+6H'&4B
— .&(%@'(4+!'<J+.66%6(+UM+GH4<'(%)*L+!'<J+.66%6(+H'<J%*=+6H'&4+64'<&8V B
— 3'H+(84+;"*&(%)*+J49+ +)*+(84+D*;)('%*:4*(+696(4:+6&<44*B
— R)$$)7+(84+(45(+:466'=46+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9B
— !'9+'((4*(%)*+()+(84+H'<J%*=+H<)&466+>%6H$'9+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9B

GH(%)*+QT
— W('<(+(84+4*=%*4B
— !<466+'*>+8)$>+(84+#<'J4+H4>'$B
— .&(%@'(4+(84+("<*+6%=*'$+;)<+(84+6%>4+);+(84+<)'>+784<4+(84+@48%&$4+68)"$>+><%@4+)"(+);+(84+H'<J,
%*=+6H'&4B
— .&(%@'(4+!'<J+.66%6(+UM+GH4<'(%)*L+!'<J+.66%6(+H'<J%*=+6H'&4+64'<&8V B
— !"(+(84+64$4&()<+$4@4<+%*+H)6%(%)*+2
2B
— R)$$)7+(84+(45(+:466'=46+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9B
— !'9+'((4*(%)*+()+(84+H'<J%*=+H<)&466+>%6H$'9+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9B
.HH$9+(84+#<'J46+%;+'+&8%:4+6)"*>6L+(84+ +%*>%&'()<+&):46+)*L+)<+'+H<):H(+()+><%@4+;)<7'<>+'H,
H4'<6+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9B
!4<;)<:+(84+H<)&4>"<4+;)<+45%(%*=+(84+H'<J%*=+6H'&4+"*(%$+'+:466'=4+'HH4'<6+%*+(84+%*6(<":4*(
&$"6(4<+>%6H$'9+'*>+H)66%#$9+'+()*4+6%=*'$%*=+(84+4*>+);+(84+H'<J%*=+6H'&4+45%(+H<)&4>"<4B

C.2/D/0
G*$9+><%@4+(84+@48%&$4+)"(+);+(84+H'<J%*=+6H'&4+784*+(84+(<';;%&+6%("'(%)*+'$$)76+%(B

384+$'*4+68)7*+)*+(84+D*;)('%*:4*(+696(4:+>"<%*=+'+H'<J%*=+H<)&466+%6+'+=4*4<'$+45':,
H$4B+D(+>)46+*)(+&)<<46H)*>+()+(84+'&("'$+H'<J%*=+H<)&466+#9+!'<J+.66%6(B

@$*%(K%*3359(:,$%.

R%=B+
R%=B+NN+ 24'<+3<';;%&+.$4<(L+=4*4<'$+45':H$4T+:)*%()<4>+'<4'+'<)"*>+(84+@48%&$4+(8'(+%6+45%(%*=+'+H'<J,
%*=+6H'&4B

24'<+3<';;%&+.$4<(+:)*%()<6+(84+&<)66+(<';;%&+784*+<4@4<6%*=+)"(+);+'+6H'&4+)<+:'*4"@4<%*=B
R%=B+
R%=B+QQ+ G*+(84+D*;)('%*:4*(+696(4:+6&<44*T+24'<+3<';;%&+.$4<(+>%6H$'9B

.$6)+H'9+'((4*(%)*+()+(84+'HH$%&'#$4+%*;)<:'(%)*+'*>+7'<*%*=6+;)<+'$$+H'<J%*=+696(4:6+UM
.$6)+H'9+'((4*(%)*+()+(84+'HH$%&'#$4+%*;)<:'(%)*+'*>+7'<*%*=6+;)<+'$$+H'<J%*=+696(4:6
!'<J%*=+696(4:6L+04*4<'$+6';4(9V B

F"5.9/5#6(2#(*#C(233
B**$*&1*-*&/7*+:4*"+%*+(84+%*6(<":4*(+&$"6(4<+UM+a4*"6+'*>+%*;)<:'(%)*+>%6H$'96L
— F64+(84+B**$*&1*-*&/7*
G@4<@%47V B
G2T+-4H4*>%*=+)*+@48%&$4+4I"%H:4*(L+"64+(84+#"(()*+;)<+><%@4<+'66%6('*&4+696(4:6+UM+a4*"+'6,
— G2T
6%6(+696(4:6L+GH4<'(%)*V B
G2T+-4H4*>%*=+)*+(84+@48%&$4+4I"%H:4*(+%*+(84+@48%&$4+64((%*=6+);+(84+D*;)('%*:4*(+696(4:+UM
— G2T
X48%&$4+64((%*=6+:4*"L+GH4<'(%)*V B

F1'.$>(3+#9.52#
384+24'<+3<';;%&+.$4<(+;"*&(%)*6+7%(8+<'>'<+64*6)<6+%*+(84+<4'<+#":H4<B
— W7%(&8+(84+%=*%(%)*+)*B
— D;+*4&466'<9L+("<*+)*+(84+24'<+3<';;%&+.$4<(B
— /)(4+'*9+7'<*%*=+&8%:46+)<+:466'=46+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9B+E)$)<4>+64=:4*(6+)*+(84
D*;)('%*:4*(+696(4:+6&<44*+68)7+(84+'<4'+&)*&4<*4>+#48%*>+(84+@48%&$4+M+;%=B+Q B

D;+!'<J+.66%6(+%6+>4'&(%@'(4>L+(84+><%@4<+&'**)(+#4+64*(+'*9+;44>#'&JB+24'<+3<';;%&+.$4<(+%6+'$6)+(4:,
H)<'<%$9+>4'&(%@'(4>B
C.2/D/0
384+%*(4$$%=4*(+(4&8*)$)=9+);+(84+!'<J+-%6('*&4+E)*(<)$+U!-EV+&'**)(+)@4<&):4+(84+*'("<'$+$'76+);
H896%&6+'*>+%(+&'*+)*$9+)H4<'(4+7%(8%*+(84+$%:%(6+);+(84+696(4:B+/)(+H'9%*=+'((4*(%)*+&'*+<46"$(+%*
'&&%>4*(6L+64<%)"6+%*A"<%46L+'*>+@48%&$4+>':'=4B
● 384+!-E+&'**)(+<4H$'&4+(84+><%@4<d6+'((4*(%)*B

D%*05#6(*''5'.*#9$('1'.$>'

G#32%>*.52#(*42+.(4%*05#6(*''5'.*#9$('1'.$>'

[<'J4+6"HH)<(+696(4:6+&'*+'66%6(+(84+><%@4<+%*+&<%(%&'$+><%@%*=+'*>+#<'J%*=+6%("'(%)*6B+384+><%@4<+%6
'$7'96+<46H)*6%#$4+;)<+6';4+><%@%*=+M+ B
C84*+(84+#<'J%*=+'66%6('*&4+696(4:6+'<4+'&(%@4$9+<4="$'(%*=L+(84+#<'J4+H4>'$+:'9+:)@4+)<+*)%646
:'9+)&&"<B+E)*(%*"4+#<'J%*=+7%(8+(84+*4&466'<9+;)<&4+'*>L+%;+*4&466'<9L+6(44<+(84+@48%&$4B
— 1WEL+.[W+'*>+.W2+)*$9+;"*&(%)*+&)<<4&($9+784*+'$$+;)"<+7844$6+8'@4+%>4*(%&'$+(%<46B
— 1WEL+.W2L+'*>+1-b+7%$$+6()H+7)<J%*=+%;+(84<4+%6+'*+.[W+:'$;"*&(%)*B

-4H4*>%*=+)*+@48%&$4+4I"%H:4*(L+(84+64((%*=6+;)<+1WE+'*>+.W2+&'*+#4+:'>4+%*+(84+@48%&$4+64(,
(%*=6+UM+GH4<'(%)*L+[<'J%*=+'66%6('*&4+696(4:6V B

;,$9.%2#59(F.*45,5.1(E2#.%2,(
;,$9.%2#59(F.*45,5.1(E2#.%2,(H;FEI
H;FEI
1WE+84$H6+()+<4>"&4+(84+<%6J+);+6J%>>%*=+'*>+&'*+84$H+()+%:H<)@4+><%@%*=+6('#%$%(9+%*+&4<('%*+6%("',
(%)*6+M+ B

:#.5MF,5=(@$6+,*.52#(
:#.5MF,5=(@$6+,*.52#(H:F@I
H:F@I
.W2+<4>"&46+><%@4+H)74<+'(+7844$6+(8'(+'<4+6H%**%*=+'*>+'>'H(6+(84+><%@4+H)74<+()+(84+<)'>+&)*,
>%(%)*6B+.W2+:'J46+%(+4'6%4<+()+6('<(L+'&&4$4<'(4L+'*>+><%@4+"H+8%$$6+UM+[<'J%*=+'66%6('*&4+696(4:6L
R.eV B

:#.5MU290(D%*05#6(F1'.$>(
:#.5MU290(D%*05#6(F1'.$>(H:DFI
H:DFI
.[W+&'*+H<4@4*(+(84+7844$6+;<):+$)&J%*=+784*+#<'J%*=+68)<($9+#4;)<4+(84+@48%&$4+6()H6+'*>
84$H6+(84+><%@4<+()+6(44<+(84+@48%&$4+'*>+:'%*('%*+&)*(<)$+UM+[<'J%*=+'66%6('*&4+696(4:6L+R.eV B

D%*0$(:''5'.(F1'.$>(
D%*0$(:''5'.(F1'.$>(HD:FI
HD:FI
[.W+&'*+84$H+()+<4>"&4+(84+@48%&$4+#<'J%*=+>%6('*&4B+[.W+%*&<4'646+#<'J%*=+H)74<+784*+(84+><%,
@4<+H<46646+(84+#<'J4+H4>'$+I"%&J$9+%*+4:4<=4*&9+6%("'(%)*6B

;,$9.%2#59(A533$%$#.5*,(U290(
;,$9.%2#59(A533$%$#.5*,(U290(H;AU(*#C(ZAUI
H;AU(*#C(ZAUI
1-b+'"():'(%&'$$9+'HH$%46+(84+#<'J46+()+'+7844$+(8'(+6('<(6+6H%**%*=+'*>+(<'*6;4<6+(84+><%@4+H)7,
4<+()+(84+)(84<+><%@%*=+7844$6B
q-W+%:H<)@46+(<'&(%)*+7%(8+#<'J%*=+6"HH)<(+()+84$H+J44H+(84+@48%&$4+%*+%(6+$'*4B

)+,.5(E2,,5'52#(D%*0$
384+."():'(%&+!)6(,E)$$%6%)*+[<'J%*=+W96(4:+'"():'(%&'$$9+#<'J46+(84+@48%&$4+%;+(84+'%<#'=+&)*,
(<)$+:)>"$4+8'6+>4(4&(4>+'+&)$$%6%)*+%*+'*+'&&%>4*(+6%("'(%)*B
24I"%<4:4*(6+;)<+'"():'(%&+#<'J%*=T
— 384+><%@4<+>)46+*)(+H<466+(84+='6+H4>'$B
— 384+#<'J%*=+;)<&4+=4*4<'(4>+#9+(84+><%@4<+H<466%*=+(84+#<'J4+H4>'$+%6+74'J4<+(8'*+(84+;)<&4
=4*4<'(4>+#9+(84+'"():'(%&+#<'J%*=B

;,$9.%2#59(4%*05#6(C5'.%54+.52#(
;,$9.%2#59(4%*05#6(C5'.%54+.52#(H;DAI
H;DAI
384+4$4&(<)*%&+#<'J%*=+>%6(<%#"(%)*+&)*(<)$6+(84+#<'J%*=+;)<&4+;)<+(84+<4'<+7844$+'*>+)H(%:'$$9
>%6(<%#"(46+(84+#<'J%*=+;)<&4+#4(744*+(84+;<)*(+'*>+<4'<+'5$46B+1[-+&'*+6()H+(84+<4'<+);+(84+@48%,
&$4+;<):+J%&J%*=,)"(+%*()+(84+$'*4+>"4+()+)@4<,#<'J%*=+)*+(84+<4'<+7844$6B

;,$9.%2>$9/*#59*,(4%*0$('$%82
384+4$4&(<):4&8'*%&'$+#<'J4+64<@)+6"HH)<(6+(84+;))(+H<466"<4+)*$9+784*+(84+%=*%(%)*+%6+67%(&84>
)*+'*>+4*8'*&46+(84+H<466"<4+'HH$%4>+()+(84+#<'J4+H4>'$+#9+(84+><%@4<+M+ B+D*+&'64+);+'+#<'J%*=
%*(4<@4*(%)*+#9+'+><%@4<+'66%6(+696(4:L+6"&8+'6+>"<%*=+&)*(<)$+#9+(84+.EE+)<+>"<%*=+4:4<=4*&9
#<'J%*=L+(84+#<'J4+H4>'$+:'9+:)@4+%(64$;B
.;(4<+67%(&8%*=+);;+(84+%=*%(%)*L+#<'J%*=+'66%6('*&4+7%$$+#4+=<'>"'$$9+<4>"&4>B+D;+(84+@48%&$4+%6+6(%$$
#4%*=+84$>+#9+(84+#<'J4+H4>'$L+(45(+:466'=46+7%$$+'HH4'<+)*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9B+[<'J4
6"HH)<(+%6+$%:%(4>+%*+(8%6+&'64B
W4&"<4+(84+6('(%)*'<9+@48%&$4+'='%*6(+<)$$%*=+'7'9+UM+!'<J%*=L+.&(%)*V B

C.2/D/0
384+%*(4$$%=4*(+(4&8*)$)=9+%*+(84+#<'J%*=+'66%6('*&4+696(4:6+&'**)(+)@4<&):4+(84+*'("<'$+$'76
);+H896%&6+'*>+%(+&'*+)*$9+)H4<'(4+7%(8%*+(84+$%:%(6+);+(84+696(4:B+-<%@%*=+;'6(+)*+%&9L+6$%HH4<9L
)<+74(+<)'>6+&'*+$4'>+()+$)66+);+@48%&$4+&)*(<)$+'*>+64<%)"6+%*A"<%46+()+(84+><%@4<+'*>
H'664*=4<6B
● .$7'96+'>'H(+9)"<+6H44>+'*>+><%@%*=+6(9$4+()+(84+&"<<4*(+@%6"'$L+74'(84<L+<)'>L+'*>+(<';;%&
&)*>%(%)*6B+/4@4<+('J4+<%6J6+(8'(+&)"$>+A4)H'<>%?4+9)"<+6';4(9B
● [<'J%*=+6"HH)<(+696(4:6+&'**)(+H<4@4*(+'+&)$$%6%)*L+;)<+45':H$4+%;+9)"+'<4+><%@%*=+())+&$)64
()+)(84<+@48%&$46B
● .$7'96+"64+6"%('#$4+(%<46B+-<%@%*=+6('#%$%(9+>4H4*>6+)*+(84+(%<46d+'#%$%(9+()+=<%H+(84+<)'>B
C.2/D/0
384+4;;4&(%@4*466+);+(84+1WE+&'*+#4+<4>"&4>+&)*6%>4<'#$9+%;+)(84<+&):H)*4*(6+'*>+696(4:6
(8'(+';;4&(+><%@%*=+>9*':%&6+'<4+*)(+:'%*('%*4>+&)<<4&($9+)<+'<4+:'$;"*&(%)*%*=B+38%6+'HH$%46+%*
H'<(%&"$'<+()+&8'*=46+:'>4+()+(84+6"6H4*6%)*+'*>+'*9+*)*,'HH<)@4>+7844$+'*>+(%<4
&):#%*'(%)*6B
● X48%&$4+&)*@4<6%)*6+'*>+:)>%;%&'(%)*6+:"6(+)*$9+#4+&'<<%4>+)"(+#9+'*+'"(8)<%?4>+X)$J67',
=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B
● .$7'96+"64+6"%('#$4+(%<46B+-<%@%*=+6('#%$%(9+>4H4*>6+)*+(84+(%<46d+'#%$%(9+()+=<%H+(84+<)'>B

C.2/D/0
-<%@%*=+7%(8)"(+(84+#<'J4+64<@)+)<+784*+(84+#<'J4+64<@)d6+;"*&(%)*'$%(9+%6+$%:%(4>+&'*+%*&<4'64
(84+#<'J%*=+>%6('*&4+6%=*%;%&'*($9L+%*&<4'6%*=+(84+<%6J+);+'&&%>4*(6+'*>+64<%)"6+%*A"<9B
● /4@4<+6()H+(84+4*=%*4+)<+67%(&8+(84+%=*%(%)*+);;+78%$4+(84+@48%&$4+%6+:)@%*=B
● D;+#<'J%*=+6"HH)<(+%6+*)(+7)<J%*=+)<+(84+@48%&$4+%6+#4%*=+()74>L+9)"+7%$$+*44>+()+H<466+(84
#<'J4+H4>'$+8'<>4<+#4&'"64+(84+$'&J+);+#<'J%*=+'66%6('*&4+7%$$+%*&<4'64+(84+#<'J%*=+>%6('*&4B
● .$7'96+J44H+(84+;))(74$$+#4*4'(8+(84+H4>'$6+&$4'<+6)+(8'(+(84+#<'J4+H4>'$+%6+"*)#6(<"&(4>
'*>+&'*+:)@4+;<44$9B

F"5.9/5#6(:F@P(;FEP(2%(;FE(F=2%.(233(*#C(2#

R%=B+
R%=B+NN+ D*+(84+&4*(4<+&)*6)$4T+["(()*+()+:'*"'$$9+67%(&8+);;+'*>+)*+.W2L+1WE+)<+1WE+WH)<(+U>4,
H4*>%*=+)*+@48%&$4+4I"%H:4*(VB

A%585#6('5.+*.52#'
.W2
.W2+&'*+#4+67%(&84>+);;+%*+6%("'(%)*6+784<4+(84<4+%6+%*6";;%&%4*(+(<'&(%)*T
— C84*+><%@%*=+%*+>44H+6*)7+)<+)*+$))64+=<)"*>
— C84*+g<)&J%*=h+(84+@48%&$4+)"(+);+H$'&4+#4&'"64+%(+%6+6("&J
1WE+&'*+#4+67%(&84>+);;+%;+(84+gG;;<)'>h+><%@%*=+:)>4+%6+'@'%$'#$4+'*>+8'6+#44*+64$4&(4>+UM+-<%,
1WE
@%*=+a)>4+W4$4&(%)*L+GH4<'(%)*V B
1WE+WH)<(
1WE+WH)<(+%*(4<@4*46+$'(4<+;)<+'+6H)<(9+><%@%*=+6(9$4+(8'*+(84+*)<:'$+1WE+;"*&(%)*+7)"$>+%*+)<>4<
()+6('#%$%?4+(84+@48%&$4B

F"5.9/5#6(:F@P(;FE(F=2%.(2%(;FE(233(*#C(2#
-4H4*>%*=+)*+@48%&$4+4I"%H:4*(L+9)"+&'*+"64+(84+@48%&$4+64((%*=6+%*+(84+D*;)('%*:4*(+696(4:+UM
X48%&$4+64((%*=6+:4*"L+GH4<'(%)*V +)<+(84+ +M+;%=B+N +#"(()*+()+67%(&8+.W2L+1WE+'*>+1WE+WH)<(+);;
)<+)*+M+ B
!<466+(84+ +#"(()*+;)<+'#)"(+'+64&)*>

— 0)$;+.$$(<'&JT+.W2+%6+67%(&84>+);;B
— 0)$;+03DL+0)$;+2T+.W2+%6+67%(&84>+);;+'*>+1WE+WH)<(+%6+67%(&84>+)*B

W7%(&8%*=+)*+.W2+'*>+1WET +!<466+(84+ +#"(()*+<4H4'(4>$9B


!<466+(84+ +#"(()*+;)<+'#)"(+(8<44+64&)*>6

— 0)$;+.$$(<'&JT+.W2+%6+67%(&84>+);;+'*>+1WE+WH)<(+%6+67%(&84>+)*B
— 0)$;+03DL+0)$;+2T+.W2+'*>+1WE+'<4+67%(&84>+);;B

W7%(&8%*=+)*+.W2+'*>+1WET +!<466+(84+ +#"(()*+<4H4'(4>$9B

C.2/D/0
C84*+1WE+%6+67%(&84>+);;L+(84+<%6J+);+(84+@48%&$4+674<@%*=+%6+8%=84<+(8'*+784*+1WE+%6+67%(&84>
)*i+384+@48%&$4+&'*+#4+>%;;%&"$(+;)<+%*45H4<%4*&4>+><%@4<6+()+8'*>$4+'(+8%=8+6H44>6B+.&&%>4*(6
'*>+64<%)"6+%*A"<%46+&)"$>+<46"$(B
● 384<4;)<4L+X)$J67'=4*+<4&)::4*>6+67%(&8%*=+(84+1WE+);;+)*$9+"*>4<+(84+;)$$)7%*=
)*$9+"*>4<+(84+;)$$)7%*=
&)*>%(%)*6
&)*>%(%)*6T
● D;+9)"+'<4+><%@%*=+9)"<+@48%&$4+)*+'+&$)64>+(<'&J+)<+<'&4+&)"<64B
xD;+9)"+'6+(84+><%@4<+'<4+45H4<%4*&4>+%*+'+6H)<(9+7'9+);+><%@%*=B
● /4@4<+'66":4+'+6';4(9+<%6J+'*>+*)(4+(84+*'("<'$+$'76+);+H896%&6B

K%2+4,$'/22.5#6

(;,$9.%2>$9/*#59*,(4%*0$('$%82(3*5,+%$
+-)+*)(+&)*(%*"4+><%@%*=i
-)+*)(+&)*(%*"4+><%@%*=i
384+<4>+7'<*%*=+$%=8(+&):46+)*B
.+:466'=4+%6+>%6H$'94>+%;+*4&466'<9B+!<466+(84+#<'J4+H4>'$+8'<>4<L+'6+(84+$'&J+);+#<'J%*=+'6,
6%6('*&4+7%$$+%*&<4'64+(84+#<'J%*=+>%6('*&4B
— E)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+%::4>%,
'(4$9+;)<+'66%6('*&4B
(;,$9.%2>$9/*#59*,(4%*0$('$%82(3*+,.1
384+94$$)7+%*>%&'()<+$%=8(+("<*6+)*B
.+:466'=4+%6+>%6H$'94>+;)<+'+;47+64&)*>6B
384+#<'J4+H4>'$+:%=8(+H"$64+784*+H<4664>B+!<466+(84+#<'J4+H4>'$+8'<>4<L+#4&'"64+(84+<4>"&4>
#<'J%*=+'66%6('*&4+7%$$+%*&<4'64+(84+#<'J%*=+>%6('*&4B
— 04(+H<);466%)*'$+'66%6('*&4B

(:DF(3*5,+%$(2%(>*,3+#9.52#
384+94$$)7+%*>%&'()<+$%=8(+("<*6+)*B
— 04(+H<);466%)*'$+'66%6('*&4B+384+@48%&$4+&'*+#4+#<'J4>+7%(8)"(+.[WB

(;FE(2%(:F@(5#(2=$%*.52#
384+%*>%&'()<+$%=8(+;$'6846+94$$)7B

(;FE('"5.9/$C(233(>*#+*,,1
384+94$$)7+%*>%&'()<+$%=8(+("<*6+)*B

(:F@('"5.9/$C(233(>*#+*,,1
384+94$$)7+%*>%&'()<+$%=8(+("<*6+)*B

(;FE(F=2%.('"5.9/$C(2#
384+94$$)7+%*>%&'()<+$%=8(+("<*6+)*B

(;FE('"5.9/$C(233(C+$(.2('1'.$>(%$[+5%$>$#.'
384+94$$)7+%*>%&'()<+$%=8(+("<*6+)*B
— W7%(&8+(84+%=*%(%)*+);;+'*>+)*B
— D;+*4&466'<9L+><%@4+'+68)<(+>%6('*&4+'(+6H44>6+#4(744*+N\,QP+:H8+U`,NQ+J:Y8VB
— D;+(84+ +%*>%&'()<+$%=8(+6('96+)*L+&)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J,
67'=4*+W4<@%&4+R'&%$%(9B

K/$(4%*0$('+==2%.('1'.$>'(>*0$(#25'$'
/)%646+:'9+#4+84'<>+%;+(84+#<'J%*=+'66%6('*&4+696(4:6+'<4+<4="$'(%*=B
C.2/D/0
● D;+(84+ +#<'J4+696(4:+7'<*%*=+$%=8(+("<*6+)*+()=4(84<+7%(8+(84+ +.[W+%*>%&'()<+$%=8(L+(84
.[W+<4="$'(%*=+;"*&(%)*+&)"$>+#4+:'$;"*&(%)*%*=B+38%6+&)"$>+&'"64+(84+<4'<+7844$6+()+$)&J
<4$'(%@4$9+I"%&J$9+784*+#<'J%*=B+b)&J4>+<4'<+7844$6+&'*+$4'>+()+$)66+);+@48%&$4+&)*(<)$B+D;
H)66%#$4L+<4>"&4+9)"<+6H44>+'*>+><%@4+6$)7$9+'*>+&'<4;"$$9+()+(84+*4'<46(+'"(8)<%?4>+X)$J,
67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+()+8'@4+(84+#<'J4+696(4:+&84&J4>B
G*+(84+7'9+(84<4L+'@)%>+6">>4*+#<'J%*=+'*>+><%@%*=+:'*4"@4<6B
● D;+(84+.[W+%*>%&'()<+$%=8(+ +>)46+*)(+=)+)"(+)<+&):46+)*+78%$4+9)"+'<4+><%@%*=L+(84+.[W+%6
*)(+7)<J%*=+&)<<4&($9B+384+@48%&$4+&'*+)*$9+#4+6()HH4>+7%(8+*)<:'$+#<'J46+U%B4B+7%(8)"(
.[WVB+384+64&"<%(9+H<)@%>4>+#9+(84+.[W+%6+*)(+'@'%$'#$4B+0)+()+'*+'"(8)<%?4>+X)$J67'=4*
>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+'6+6))*+'6+H)66%#$4B

O%*9.59*,($[+5=>$#.

F.2%*6$(92>=*%.>$#.'

G#.%2C+9.52#

C.2/D/0
b))64+)#A4&(6+&'*+#4+H<)A4&(4>+'<)"*>+(84+@48%&$4+%*(4<%)<+>"<%*=+6">>4*+><%@%*=+)<+#<'J%*=+:',
*4"@4<6B+38%6+&'*+&'"64+64<%)"6+%*A"<%46+'*>+$)66+);+@48%&$4+&)*(<)$B
● G*$9+6()<4+)#A4&(6+%*+&$)64>+6()<'=4+&):H'<(:4*(6B
● .$7'96+J44H+(84+6()<'=4+&):H'<(:4*(6+&$)64>+78%$4+><%@%*=B
● G*$9+8'*=+$%=8(74%=8(+&$)(8%*=L+"H+()+'+:'5%:":+);+QB\+J=+U'HH<)5%:'(4$9+\B\+$#6VL+;<):+(84
&)'(+8))J6+%*+(84+@48%&$4B+/4@4<+$4'@4+84'@9L+8'<>+)<+68'<H+)#A4&(6+%*+(84+H)&J4(6B

C.2/D/0
.*+)H4*+=$)@4+&):H'<(:4*(+&'*+%*&<4'64+(84+<%6J+);+64<%)"6+%*A"<%46+%*+(84+4@4*(+);+'+&)$$%6%)*
)<+>"<%*=+6">>4*+#<'J%*=+)<+><%@%*=+:'*4"@4<6B
● .$7'96+J44H+(84+6()<'=4+&):H'<(:4*(+&$)64>+78%$4+><%@%*=B

C.2/D/0
b%=8(4<6+%*+(84+@48%&$4+&'*+#4&):4+>':'=4>+)<+%=*%(4+"*%*(4*(%)*'$$9B+38%6+&'*+&'"64+64@4<4
#"<*6+'*>+@48%&$4+>':'=4B
● [4;)<4+&$)6%*=+&):H'<(:4*(6+)<+6()<'=4+'<4'6L+'$7'96+:'J4+6"<4+(8'(+(84<4+'<4+*)+&%='<4((4
$%=8(4<6+*4'<+(84+64&(%)*6+(8'(+7%$$+#4+&$)6%*=B
● /4@4<+H$'&4+$%=8(4<6+%*+&):H'<(:4*(6L+%*+6()<'=4+'<4'6L+)<+)*+)(84<+6"<;'&46+%*+(84+@48%&$4B
b%=8(4<6+:'9+%=*%(4+'6+'+<46"$(+);+8%=8+6"<;'&4+(4:H4<'("<46L+46H4&%'$$9+%*+(84+6"::4<
:)*(86B
C.2/D/0
D*&)<<4&(+"6'=4+);+(84+&"H+8)$>4<6+&'*+&'"64+%*A"<%46B
● -)+*)(+H$'&4+8)(+#4@4<'=46+%*+(84+&"H+8)$>4<6B+K)(+#4@4<'=46+%*+(84+&"H+8)$>4<6+&)"$>+6H%$$
'*>+&'"64+6&'$>%*=+%*A"<%46+78%$4+><%@%*=L+>"<%*=+6">>4*+#<'J%*=+:'*4"@4<6L+)<+%*+&)$$%6%)*6B
● 3'J4+&'<4+(8'(+)*$9+6"%('#$9+6%?4>+><%*J6+'<4+6()<4>+%*+(84+><%*J+8)$>4<B+-<%*J6+:"6(+'$7'96+#4
6(4'>9+'*>+64&"<4+%*+(84+><%*J+8)$>4<B

C.2/D/0
E$)64>+#4@4<'=4+#)(($46+&'*+45H$)>4+;<):+84'(+'*>+#"<6(+;<):+;<)6(B
● /4@4<+$4'@4+&$)64>+#4@4<'=4+#)(($46+%*+'*+45(<4:4$9+8)(+)<+45(<4:4$9+&)$>+@48%&$4B

/G3DE1
● /4@4<+$4'@4+'*9+)#A4&(6L+=<)&4<%46L+)<+:4>%&'(%)*6+(8'(+'<4+64*6%(%@4+()+(4:H4<'("<4+%*+(84
@48%&$4+%*(4<%)<B+K)(+'*>+&)$>+&)*>%(%)*6+&)"$>+>':'=4+(8464+)#A4&(6+'*>+:'J4+(84:
"*"6'#$4B
● G#A4&(6+:'>4+)"(+);+(<'*6H'<4*(+:'(4<%'$6+%*+(84+@48%&$4L+;)<+45':H$4+(<'*6H'<4*(+6"&(%)*
&"H6+)*+(84+7%*>)7+=$'66L+&'*+&)*&4*(<'(4+6"*$%=8(+'*>+&'"64+>':'=4+()+(84+@48%&$4B

:'/.%*1(*#C(956*%$..$(,56/.$%

G#.%2C+9.52#

C.2/D/0
D*&)<<4&(+"64+);+(84+&%='<4((4+$%=8(4<+)<+(84+'68(<'9+&'*+&'"64+;%<46L+#"<*6L+'*>+)(84<+64<%)"6
%*A"<%46B
● G*$9+"64+(84+&%='<4((4+$%=8(4<+&)<<4&($9B
● /4@4<+$4'@4+&8%$><4*+"*'((4*>4>+%*+(84+@48%&$4B+384+&%='<4((4+$%=8(4<+&'*+#4+"64>+784*+(84
%=*%(%)*+%6+67%(&84>+)*B
● /4@4<+H$'&4+H'H4<+)<+)(84<+)#A4&(6+(8'(+&)"$>+%=*%(4+%*+(84+'68(<'9B

E56*%$..$(,56/.$%
R%=B+
R%=B+NN+ D*+(84+$)74<+64&(%)*+);+(84+&4*(4<+&)*6)$4T+E%='<4((4+$%=8(4<B

— !"68+%*+(84+&%='<4((4+$%=8(4<+J*)#+784*+(84+%=*%(%)*+%6+67%(&84>+)*B
— C'%(+"*(%$+(84+J*)#+H)H6+)"(B
— !"$$+)"(+'*>+"64+(84+&%='<4((4+$%=8(4<+UM+.68(<'9+'*>+&%='<4((4+$%=8(4<L+D*(<)>"&(%)*Y=4*4<'$+%*,
;)<:'(%)*V B

384+&%='<4((4+$%=8(4<+H)<(+&'*+'$6)+#4+"64>+'6+'+NQ+X+H)74<+6)&J4(B

F290$.'

G#.%2C+9.52#

1$4&(<%&'$+>4@%&46+&'*+#4+&)**4&(4>+()+(84+6)&J4(6+%*+(84+@48%&$4B
1$4&(<%&'$+>4@%&46+:"6(+#4+%*+=))>+&)*>%(%)*B+-)+*)(+"64+'*9+:'$;"*&(%)*%*=+>4@%&46B
384+NQ+X+6)&J4(+)*$9+7)<J6+784*+(84+%=*%(%)*+%6+67%(&84>+)*B

C.2/D/0
F6%*=+6)&J4(6+'*>+4$4&(<%&'$+>4@%&46+%*&)<<4&($9+&'*+&'"64+;%<46+'*>+64<%)"6+%*A"<%46B
● /4@4<+$4'@4+&8%$><4*+"*'((4*>4>+%*+(84+@48%&$4B+W)&J4(6+'*>+(84+>4@%&46+&)**4&(4>+()+(84:
&'*+#4+"64>+784*+(84+%=*%(%)*+%6+67%(&84>+)*B
● D;+(84+4$4&(<%&'$+>4@%&46+#4&):4+())+7'<:L+("<*+);;+(84+>4@%&46+%::4>%'(4$9+'*>+>%6&)**4&(
(84:B
/G3DE1
● 3)+<4>"&4+(84+<%6J+);+>':'=4+()+(84+4$4&(<%&'$+696(4:L+*4@4<+'((4:H(+()+&8'<=4+(84+NQ+X+@4,
8%&$4+#'((4<9+#9+&)**4&(%*=+4$4&(<%&'$+>4@%&46+(8'(+H<)@%>4+H)74<+()+(84+NQ+X+6)&J4(6L+6"&8
'6+6)$'<+H'*4$6+)<+#'((4<9+&8'<=4<6B
● G*$9+"64+4$4&(<%&'$+>4@%&46+(8'(+8'@4+#44*+(46(4>+;)<+&):H$%'*&4+7%(8+(84+'HH$%&'#$4+="%>4,
$%*46+;)<+4$4&(<):'=*4(%&+&):H'(%#%$%(9B
● 3)+<4>"&4+(84+<%6J+);+>':'=4+;<):+@)$('=4+;$"&("'(%)*6L+("<*+4$4&(<%&'$+>4@%&46+);;+#4;)<4
67%(&8%*=+(84+%=*%(%)*+)*+)<+);;+'*>+#4;)<4+6('<(%*=+(84+4*=%*4B+-4H4*>%*=+)*+(84+@48%&$4
4I"%H:4*(L+%;+(84+4*=%*4d6+6('<(Y6()H+696(4:+("<*6+);;+'*>+<46('<(6+'"():'(%&'$$9L+4$4&(<%&
>4@%&46+>)+*)(+*44>+()+#4+67%(&84>+);;B
● /4@4<+&)**4&(+4$4&(<%&'$+>4@%&46+(8'(+&)*6":4+:)<4+(8'*+(84+6H4&%;%4>+H)74<+()+'+NQ+X
6)&J4(B+384+@48%&$4+4$4&(<%&'$+696(4:+&'*+#4+>':'=4>+784*+(84+:'5%:":+H)74<+><'7+%6
45&44>4>B
● 24;4<+()+(84+)H4<'(%*=+:'*"'$6+;)<+(84+4$4&(<%&'$+>4@%&46B

384+NQ+X+@48%&$4+#'((4<9+7%$$+><'%*+%;+(84+%=*%(%)*+'*>+4$4&(<%&'$+>4@%&46+'<4+67%(&84>+)*
78%$4+(84+4*=%*4+%6+6()HH4>B

F*68%4$>4>+>4@%&46+&'*+&'"64+:'$;"*&(%)*6+%*+(84+<'>%)L+(84+D*;)('%*:4*(+696(4:+'*>+%*
(84+@48%&$4+4$4&(<)*%&6L+>4H4*>%*=+)*+(84+@48%&$4+4I"%H:4*(B

F290$.'(5#(./$(8$/59,$

R%=B+
R%=B+NN+ D*+(84+;<)*(+H'<(+);+(84+&4*(4<+&)*6)$4+'*>+%*+(84+$"=='=4+&):H'<(:4*(T+8%*=4>+NQ,@)$(
6)&J4(+ N +)<+NQ,@)$(+6)&J4(+7%(8+<4:)@'#$4+&)@4<+ Q B

384+:'5%:":+H)74<+><'7+%6+N_P+7'((6B
-)+*)(+45&44>+(84+:'5%:":+H)74<+><'7+);+%*>%@%>"'$+6)&J4(6B+384+H)74<+><'7+);+>4@%&46+%6+$%6(,
4>+)*+(84%<+%*;)<:'(%)*+$'#4$6B
D;+(84<4+'<4+:"$(%H$4+6)&J4(6+%*+(84+@48%&$4+'*>+(7)+)<+:)<4+>4@%&46+'<4+&)**4&(4>+'(+(84+6':4
(%:4L+(84+()('$+H)74<+><'7+);+'$$+4$4&(<%&'$+>4@%&46+:"6(+*4@4<+45&44>+N_P+7'((6+UM+W)&J4(6L+D*,
(<)>"&(%)*Y=4*4<'$+%*;)<:'(%)*V B

A*.*(.%*#'>5''52#

E14$%('$9+%5.1

E)*(<)$+:)>"$46+;)<+>'('+(<'*6:%66%)*L+%*(4<;'&46L+:4>%'+'*>+>%'=*)6(%&+&)**4&(%)*6+'<4+&)**4&(%@%,
(9+&):H)*4*(6L+(8<)"=8+78%&8+%*;)<:'(%)*+'*>+>'('+&'*+#4+45&8'*=4>+#4(744*+(84+@48%&$4+'*>+45,
(4<*'$+>4@%&46+)<+(84+D*(4<*4(B+384+;)$$)7%*=+&)**4&(%@%(9+&):H)*4*(6+:'9+*)(+#4+'@'%$'#$4+%*+'$$
@48%&$46T
— -%'=*)6(%&+&)**4&(%)*+H)<(
— E)*(<)$+:)>"$4+7%(8+%*6('$$4>+4WDa+&'<>+UGEFVB
— !8)*4+%*(4<;'&4
— a4>%'+E)*(<)$
— .HH,E)**4&(
— C%,RD+8)(6H)(
— /RE+<'>%)+(4&8*)$)=9B
— [$"4())(8f+%*(4<;'&4B
— FW[+H)<(
— .Fq,D/+A'&J
— W-+&'<>+6$)(
— WDa+&'<>+6$)(

E)**4&(%@%(9+&):H)*4*(6+'<4+(84+J49+H)%*(6+;)<+&9#4<+64&"<%(9B+D*+'>>%(%)*+()+)(84<+&)*(<)$+:)>"$46L
&)**4&(%@%(9+&):H)*4*(6+'<4+4I"%HH4>+7%(8+64&"<%(9+:4&8'*%6:6+(8'(+:%*%:%?4+(84+<%6J+);+"*'"(8),
<%?4>+'&&466+()+@48%&$4+696(4:6B
W);(7'<4+'*>+64&"<%(9+:4&8'*%6:6+'@'%$'#$4+%*+(84+@48%&$4+"*>4<=)+&)*(%*")"6+>4@4$)H:4*(B+W%:%$'<
()+&):H"(4<6+)<+)H4<'(%*=+696(4:6+)*+:)#%$4+>4@%&46L+6);(7'<4+'*>+64&"<%(9+:4&8'*%6:6+%*+(84+@4,
8%&$4+:'9+'$6)+#4+"H>'(4>+'(+@'<%)"6+(%:46B
D*+=4*4<'$L+6);(7'<4+"H>'(46+%:H<)@4+(84+64&"<%(9L+6('#%$%(9L+'*>+H<)&466%*=+6H44>6+);+(84+@48%&$4
696(4:6+%*+@48%&$46+(8'(+74<4+'$<4'>9+H<)>"&4>B
n)"+&'*+'&(%@4$9+84$H+()+<4>"&4+(84+<%6J+);+"*'"(8)<%?4>+'&&466+()+@48%&$4+696(4:6+'*>+;"*&(%)*6+#9
;)$$)7%*=+(8464+="%>4$%*46T
— G*$9+"64+>'('+&'<<%4<6L+[$"4())(8f+>4@%&46L+'*>+:)#%$4+>4@%&46+%*+(84+@48%&$4+(8'(+>)+*)(+&)*('%*
'*9+:'*%H"$'(4>+>'('+)<+:'$7'<4B
— D*6('$$+(84+6);(7'<4+"H>'(46+H<)@%>4>+#9+X)$J67'=4*+'6+6))*+'6+H)66%#$4+UM+W);(7'<4+"H>'(4L+-4,
6&<%H(%)*V B
— G*$9+8'@4+(84+@48%&$4+<4H'%<4>+'*>+64<@%&4>+#9+I"'$%;%4>+H<);466%)*'$6B+X)$J67'=4*+<4&)::4*>6
&)*('&(%*=+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B

C.2/D/0
E):H"(4<6L+>'('+&'<<%4<6L+'*>+:)#%$4+>4@%&46+(8'(+'<4+&)**4&(4>+()+(84+D*(4<*4(+)<+'<4+"64>+%*+H"#,
$%&+)<+H<%@'(4+*4(7)<J6+&'*+#4+%*;4&(4>+#9+:'*%H"$'(4>+>'('+'*>+:'$7'<4B
● D*+'>>%(%)*+()+(84+=4*4<'$$9+<4&)=*%?4>+H<4&'"(%)*6+784*+"6%*=+(84+%*(4<*4(L+9)"+68)"$>+H<)(4&(
9)"<+&):H"(4<L+@48%&$4+>'('+$'#4$+'*>+:)#%$4+>4@%&4+7%(8+'+6"%('#$4+'*(%@%<"6+H<)=<':B
● 24="$'<$9+"H>'(4+(84+'*(%@%<"6+H<)=<':+"6%*=+(84+H<)@%>4>+"H>'(46+)<+"H=<'>46+H<)@%>4>+#9+(84
@4*>)<B

C.2/D/0
384+<%6J+);+%$$4='$+'&&466+()+@48%&$4+;"*&(%)*6+'*>+&)*(<)$+:)>"$46+&'"64>+#9+:'$7'<4+)<+'*+D*(4<*4(
'(('&J+&'**)(+#4+4$%:%*'(4>+%*+6H%(4+);+(84+64&"<%(9+:4&8'*%6:6+%*6('$$4>+%*+(84+@48%&$4B+a'$7'<4
%*(<)>"&4>+()+(84+@48%&$4+&'*+%*;$"4*&4L+>4'&(%@'(4L+)<+'66":4+&)*(<)$+);+&)*(<)$+:)>"$46+'*>+@48%,
&$4+;"*&(%)*6+'*>+:'9+&'"64+64<%)"6+'&&%>4*(6+'*>+;'('$+%*A"<%46B
● a'$7'<4+&'*+'$6)+'&&466+>'('+'*>+%*;)<:'(%)*+(8'(+'<4+6()<4>+%*+(84+&)*(<)$+:)>"$46L+%*+(84+D*,
;)('%*:4*(+696(4:L+)*+&)**4&(4>+>'('+&'<<%4<6L+'*>+%*+H'%<4>+:)#%$4+>4@%&46B
● D;+(84+@48%&$4+%6+*)(+;"*&(%)*%*=+'6+%(+*)<:'$$9+>)46+)<+%6+<4'&(%*=+)<+8'*>$%*=+%*+'*+"*"6"'$+:'*,
*4<L+&'<4;"$$9+6$)7+>)7*+U%;+H)66%#$4V+'*>+><%@4+%::4>%'(4$9+()+(84+*4'<46(+'"(8)<%?4>+X)$J67',
=4*+>4'$4<+)<+X)$J67'=4*+W4<@%&4+R'&%$%(9L+)<+&)*('&(+'+<)'>6%>4+'66%6('*&4+64<@%&4L+6"&8+'6+'
()7%*=+64<@%&4B

F1'.$>(+=C*.$

G#.%2C+9.52#

384+;'&()<9,%*6('$$4>+D*;)('%*:4*(+696(4:+6"HH)<(6+(84+gW96(4:+"H>'(4h+;"*&(%)*'$%(9B+38%6+%6+6)
(84+6);(7'<4+);+(84+;)$$)7%*=+&)*(<)$+"*%(6+%*+(84+@48%&$4+&'*+#4+"H>'(4>+#9+X)$J67'=4*+.0L
7%(8)"(+*44>%*=+()+644J+'*
'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9T
— D*;)('%*:4*(+696(4:+&4*(<'$+&):H"(4<B
— D*6(<":4*(+&$"6(4<+&)*(<)$+"*%(B
— GEF+U&)*(<)$+"*%(+;)<+X)$J67'=4*+C4+E)**4&(VB

384+g696(4:+"H>'(4h+;"*&(%)*+%6+)*$9+'@'%$'#$4+%*+&4<('%*+&)"*(<%46B

O%$%$[+5'5.$'(32%(*('1'.$>(+=C*.$
— .+@'$%>+C4+E)**4&(+&)*(<'&(+45%6(6+#4(744*+9)"+'*>+X)$J67'=4*B
— n)"+8'@4+'*+'&(%@4+X)$J67'=4*+C4+E)**4&(+"64<+'&&)"*(B
— 384+@48%&$4+%6+'66%=*4>+()+9)"<+C4+E)**4&(+"64<+'&&)"*(B
— 384+@48%&$4+4$4&(<%&'$+696(4:+%6+;"*&(%)*%*=B
— 384+NQ,@)$(+@48%&$4+#'((4<9+%6+6";;%&%4*($9+&8'<=4>B
— 384+g696(4:+"H>'(4h+;"*&(%)*+%6+'@'%$'#$4+%*+9)"<+&)"*(<9B

C.2/D/0
E)*(<)$+"*%(6+'<4+>4'&(%@'(4>+'*>+>)+*)(+;"*&(%)*+;)<+(84+>"<'(%)*+);+'*9+6);(7'<4+%*6('$$'(%)*B
-<%@%*=+7%(8+>4'&(%@'(4>+)<+*)*,;"*&(%)*%*=+&)*(<)$+"*%(6+&'*+$4'>+()+'&&%>4*(6+'*>+;'('$
%*A"<%46B
● D*%(%'(4+6);(7'<4+%*6('$$'(%)*+%*+'*+'HH<)H<%'(4+H$'&4+784<4+)(84<+<)'>+"64<6+'<4+*)(
';;4&(4>B
● /4@4<+"64+(84+@48%&$4+>"<%*=+'+6);(7'<4+%*6('$$'(%)*B

C.2/D/0
D;+(84+>%=%('$+%*6(<":4*(+&$"6(4<+:'$;"*&(%)*6+';(4<+(84+6);(7'<4+%*6('$$'(%)*L+*)+%*6(<":4*(6L
7'<*%*=+$':H6L+69:#)$6+)<+:466'=4+(45(6+&'*+#4+>%6H$'94>B+-<%@%*=+7%(8+'+:'$;"*&(%)*%*=+>%=%,
('$+%*6(<":4*(+&$"6(4<+&'*+$4'>+()+'&&%>4*(6+'*>+;'('$+%*A"<%46B
● -)+*)(+"64+(84+@48%&$4+'*>+&)*('&(+X)$J67'=4*+E"6():4<+E'<4B

C.2/D/0
D*+@4<9+)&&'6%)*'$+&%<&":6('*&46L+(84<4+%6+(84+H)66%#%$%(9+(8'(+'+&)*(<)$+"*%(+:'9+*)(+;"*&(%)*
H<)H4<$9+';(4<+'+6);(7'<4+%*6('$$'(%)*B
● -)+*)(+"64+(84+@48%&$4+'*>+&)*('&(+X)$J67'=4*+E"6():4<+E'<4B

!8$%85$"

F1'.$>(+=C*.$(*8*5,*45,5.1
C84*+67%(&84>+)*L+(84+D*;)('%*:4*(+696(4:+>%6H$'96+'*+'@'%$'#$4+696(4:+"H>'(4B+.+696(4:+"H,
>'(4+('J4+H$'&4+%*+(7)+H8'646T
— -)7*$)'>+H8'64T+.+696(4:+"H>'(4+&'*+#4+>)7*$)'>4>+'(+'*9+(%:4+784*+(84+%=*%(%)*+%6
67%(&84>+)*B
— D*6('$$'(%)*+H8'64T+W);(7'<4+&'*+)*$9+#4+%*6('$$4>+784*+(84+4*=%*4+%6+67%(&84>+);;+'*>+784*
(84+4*=%*4+8))>L+(<"*J+$%>L+=$'66+<));L+'$$+7%*>)76+'*>+'$$+>))<6+'<4+&$)64>B

[4;)<4+4'&8+%*>%@%>"'$+H8'64+#4=%*6L+(84+><%@4<+%6+<4I"%<4>+()+=%@4+&)*64*(+;)<+(84+6('<(+);+(84+<4,
6H4&(%@4+H<)&466B
D;+64@4<'$+696(4:+"H>'(46+'<4+'@'%$'#$4+;)<+(84+@48%&$4+6%:"$('*4)"6$9L+(84*+)*4+696(4:+"H>'(4
:"6(+8'@4+#44*+6"&&466;"$$9+&):H$4(4>+#4;)<4+(84+*45(+696(4:+"H>'(4+&'*+#4+&'<<%4>+)"(B

A2"#,2*C(92'.'
.+696(4:+"H>'(4+%6+>)7*$)'>4>+@%'+(84+;'&()<9,%*6('$$4>+&)*(<)$+:)>"$4+7%(8+'*+4WDa+&'<>+UGEFV
'*>+%6+;<44+);+&8'<=4B+X)$J67'=4*+H'96+(84+&)**4&(%)*+&8'<=46B
O%29$C+%$

A2"#,2*C5#6(*('1'.$>(+=C*.$
W4$4&(+'+$)&'(%)*+)<+'<4'+7%(8+6";;%&%4*(+:)#%$4+*4(7)<J+'*>+0!W+<4&4H(%)*+784*+>)7*$)'>%*=B
384+%=*%(%)*+:"6(+#4+67%(&84>+)*+784*+>)7*$)'>%*=B+384+>)7*$)'>+&'*+#4+%*(4<<"H(4>+'(+'*9
(%:4+'*>+(84*+&)*(%*"4>+%;+<4I"%<4>+#9+67%(&8%*=+)*+(84+%=*%(%)*B
384+>)7*$)'>+>"<'(%)*+>4H4*>6+)*+(84+*4(7)<J+I"'$%(9L+;%$4+6%?4+'*>+"H>'(4+(9H4B+2"$4+);+(8":#T
.HH<)5B+OP+64&)*>6+H4<+:4='#9(4+Ua[VB+!4<;)<:+(84+6(4H6+%*+(84+6H4&%;%4>+)<>4<+4'&8+(%:4B

NB+ W7%(&8+)*+(84+%=*%(%)*+'*>+D*;)('%*:4*(+696(4:B
QB+ /)(4+(84+%*;)<:'(%)*+%*+(84+D*;)('%*:4*(+696(4:B
OB+ W('<(+(84+>)7*$)'>+%*+(84+D*;)('%*:4*(+696(4:B

F23."*%$(5#'.*,,*.52#
W4$4&(+'+(%:4+;)<+6);(7'<4+%*6('$$'(%)*+>"<%*=+'(+(84+@48%&$4+>)46+*)(+*44>+()+#4+><%@4*+#9+9)"+)<
'*9)*4+4$64B
— !'<J+(84+@48%&$4+6';4$9+%*+'&&)<>'*&4+7%(8+$4='$+<4I"%<4:4*(6+'*>+$)&'$+&)*>%(%)*6B
— W()H+(84+4*=%*4B
— E$)64+(84+4*=%*4+8))>L+(<"*J+$%>L+(%$(%*=+'*>+6$%>%*=+H'*)<':%&+6"*<));L+'$$+7%*>)76+'*>+'$$
>))<6B
— E)*;%<:+(84+6);(7'<4+%*6('$$'(%)*+%*+(84+D*;)('%*:4*(+696(4:B
— 15%(+(84+@48%&$4B+3'J4+'$$+);+(84+@48%&$4+J496+7%(8+9)"B
— 1*6"<4+(8'(+'$$+@48%&$4+)&&"H'*(6+$4'@4+(84+@48%&$4+'*>+(8'(+*)+'*%:'$6+'<4+$4;(+%*+(84+@48%&$4B
— b)&J+(84+@48%&$4B

[4;)<4+<46('<(%*=+(84+4*=%*4L+<4'>+(84+:466'=4+<4='<>%*=+&):H$4(%)*+);+(84+%*6('$$'(%)*+%*+(84
D*;)('%*:4*(+696(4:B+D;+%*6('$$'(%)*+7'6+"*6"&&466;"$L+;)$$)7+(84+<4$4@'*(+%*;)<:'(%)*B

?+#9.52#*,(,5>5.*.52#'(C+%5#6('23."*%$(5#'.*,,*.52#
-"<%*=+6);(7'<4+%*6('$$'(%)*L+&)*(<)$+"*%(6L+;"*&(%)*6+'*>+>%6H$'96+7%$$+*)(+#4+'@'%$'#$4B+-)+*)(
"64+(84+@48%&$4+>"<%*=+(8%6+H<)&466B
— D*;)('%*:4*(+696(4:+&4*(<'$+&):H"(4<T+-"<%*=+6);(7'<4+%*6('$$'(%)*L+(84+&4*(<'$+&):H"(4<L
>%6H$'9+'*>+&)*(<)$+"*%(+'*>+)(84<+&)*(<)$+"*%(6+7%$$+*)(+#4+'@'%$'#$4B
— E)*(<)$+"*%(+;)<+(84+>%=%('$+%*6(<":4*(+&$"6(4<T+-"<%*=+6);(7'<4+%*6('$$'(%)*L+%(+:'9+#4+(84+&'64
(8'(+(84<4+'<4+*)+)<+$%:%(4>+>%6H$'96+%*+(84+%*6(<":4*(+&$"6(4<B
— G*$%*4+&)**4&(%@%(9+"*%(+UE)*(<)$+"*%(+;)<+X)$J67'=4*+E'<,/4(+)<+C4+E)**4&(VT+R)<+(84+>"<'(%)*
);+(84+6);(7'<4+%*6('$$'(%)*+H<)&466L+E'<,/4(+64<@%&46L+(84+1:4<=4*&9+E'$$+W4<@%&4+'*>+(84+.",
():'(%&+E<'68+/)(%;%&'(%)*+;"*&(%)*+7%$$+*)(+#4+'@'%$'#$4B
?2,,2"5#6(+#'+99$''3+,('23."*%$(5#'.*,,*.52#
— /)*,&<%(%&'$+%*6('$$'(%)*+4<<)<T+C%$$+*)(+<46"$(+%*+;"*&(%)*'$+$%:%('(%)*6B+246('<(+(84+6);(7'<4
"H>'(4B
— E<%(%&'$+%*6('$$'(%)*+4<<)<T+384+<4$4@'*(+&)*(<)$+"*%(+7%$$+*)(+#4+;"*&(%)*%*=+H<)H4<$9B+R"*&(%)*6
'*>+>%6H$'96+7%$$+*)(+#4+'@'%$'#$4+"*(%$+(84+4<<)<+%6+<4&(%;%4>B+D;+(8%6+%6+(84+&'64L+&)*('&(+X)$J67',
=4*+E"6():4<+E'<4B

?2,,2"5#6('+99$''3+,('23."*%$(5#'.*,,*.52#
W"&&466;"$+6);(7'<4+%*6('$$'(%)*+%6+>%6H$'94>+%*+(84+D*;)('%*:4*(+696(4:B

c+$'.52#'(*#C(*#'"$%'(*42+.('1'.$>(+=C*.$'

-/*.(5'(*('1'.$>(+=C*.$(32%T
384+696(4:+"H>'(4+%6+'+H<4@4*('(%@4+:4'6"<4+()+'@)%>+"*7'*(4>+4@4*(6+'*>+&%<&":6('*&46B+R)<
45':H$4L+()+H<)(4&(+;<):+:'$7'<4+'*>+()+)H(%:%?4+(84+<"**%*=+);+(84+6);(7'<4B

F/2+,C(G(*,,2"(./$('1'.$>(+=C*.$T
R)<+9)"<+)7*+#4*4;%(L+9)"+68)"$>+<"*+(84+696(4:+"H>'(4B+D;+(84+696(4:+"H>'(4+%6+%=*)<4>+:"$(%H$4
(%:46+#9+(84+><%@4<L+9)"+:"6(+644+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*
W4<@%&4+R'&%$%(9+;)<+'>@%&4B

E*#(G(5#.$%%+=.(./$('1'.$>(+=C*.$(C2"#,2*CT
n46L+(8%6+%6+H)66%#$4+UM+W);(7'<4+"H>'(4L+-46&<%H(%)*V B

E*#(G(5#.$%%+=.(./$('23."*%$(5#'.*,,*.52#T
/)L+(8%6+%6+*)(+H)66%#$4B

-/*.(/*==$#'(53(./$('23."*%$(5#'.*,,*.52#(5'(5#.$%%+=.$CT
D;+'+6);(7'<4+%*6('$$'(%)*+%6+%*(4<<"H(4>L+4B=B+>"4+()+>':'=4+()+(84+@48%&$4d6+4$4&(<%&'$+696(4:L
&)*(<)$+"*%(6+&'**)(+#4+"H>'(4>+'*>+:'9+#4+>':'=4>+#9+(84+%*&):H$4(4+6);(7'<4+%*6('$$'(%)*+UM
W);(7'<4+"H>'(4L+-46&<%H(%)*V B

E*#('1'.$>(+=C*.$'P("/59/(*%$(#2.(5#5.5*.$C(41(72,0'"*6$#(*#C
92#.*5#(>*,"*%$P(*==$*%(5#(./$(8$/59,$T
R"<(84<+%*;)<:'(%)*+%6+'@'%$'#$4+'(+UM+E9#4<+64&"<%(9L+-46&<%H(%)*V B

L2"(,2#6(9*#(G("*5.(4$32%$(%+##5#6(>1('1'.$>(+=C*.$T
R)<+9)"<+)7*+#4*4;%(L+(84+696(4:+"H>'(4+68)"$>+#4+%*6('$$4>+'6+6))*+'6+H)66%#$4B
_E*%SZ(92>>+#59*.52#`

G#.%2C+9.52#

E'<Qq+E)::"*%&'(%)*+&'*+84$H+()+'@)%>+'&&%>4*(6L+()+<4>"&4+(84+4;;4&(6+);+'*+'&&%>4*(L+'*>
%:H<)@4+(84+3<';;%&+W%("'(%)*B

D*+6):4+&)"*(<%46+(84+E'<Qq+E)::"*%&'(%)*L+84<4';(4<+<4;4<<4>+()+'6+E'<QqL+'$$)76+(84+(<'*6;4<
'*>+&)$$4&(%)*+);+%*;)<:'(%)*+'#)"(+(<';;%&L+#)(8+#4(744*+@48%&$46+'*>+#4(744*+(84+@48%&$46+'*>
(84+<)'>+%*;<'6(<"&("<4+U4B=B+<)'>7)<J6V+*4'<#9B+384+&)::"*%&'(%)*+<'*=4+>4H4*>6+)*+(84+4*@%,
<)*:4*(+'*>L+%*+=))>+&)*>%(%)*6L+%6+QPP+:4(4<6+%*+()7*6+'*>+_PP+:4(4<6+)*+(84+8%=87'9+'*>+)*
&)"*(<9+<)'>6B+384+&)::"*%&'(%)*+('J46+H$'&4+%*+'&&)<>'*&4+7%(8+&<)66,:'*";'&("<4<L+E'<Qq+'*>
C%,R%+6('*>'<>6L+;)<+@48%&$46+'*>+(<';;%&+%*;<'6(<"&("<4B
E'<Qq+7'6+>4@4$)H4>+'*>+6('*>'<>%?4>+#9L+':)*=+)(84<6L+(84+E.2+Q+E.2+E)::"*%&'(%)*+E)*,
6)<(%":+UEQEEEV+'*>+(84+1"<)H4'*+34$4&)::"*%&'(%)*6+W('*>'<>6+D*6(%("(4+U13WDVB

C.2/D/0
384+E'<Qq+%*(4$$%=4*(+(4&8*)$)=9+&'**)(+)@4<&):4+(84+*'("<'$+$'76+);+H896%&6L+'*>+%(+&'*+)*$9
)H4<'(4+7%(8%*+(84+$%:%(6+);+(84+696(4:B+-)+*)(+('J4+6';4(9+<%6J6+#4&'"64+9)"<+@48%&$4+%6
4I"%HH4>+7%(8+E'<QqB+E'<Qq+&'**)(+<4H$'&4+(84+><%@4<d6+'((4*(%)*B
● .$7'96+'>'H(+9)"<+6H44>+'*>+>%6('*&4+()+@48%&$46+><%@%*=+'84'>+#'64>+)*+(84+@%6"'$L+74'(8,
4<L+<)'>L+'*>+(<';;%&+&)*>%(%)*6B

C.2/D/0
C84*+E'<Qq+%6+'&(%@4L+:'%*('%*+'+>%6('*&4+);+QP+&:+#4(744*+(84+E'<Qq+'*(4**'4+'*>+H4<6)*6
)"(6%>4+(84+@48%&$4B
● E'<Qq+'*(4**'4+'<4+$)&'(4>+)*+(84+<));+);+(84+@48%&$4+'*>+%*+(84+:%<<)<+(<%'*=$4+);+(84
7%*>68%4$>B

A*.*(.%*#'3$%
C84*+E'<Qq+%6+'&(%@'(4>L+(84+@48%&$4+64*>+&)*(%*")"6+E'<Q5+:466'=46+()+)(84<+E'<Qq+<)'>+"64<6
'*>+4*'#$46+'*+4@'$"'(%)*+);+(84+&"<<4*(+3<';;%&+W%("'(%)*B
38464+E'<Qq+:466'=46+:'9+&)*('%*+(84+;)$$)7%*=T
— +X48%&$4+>'('+6"&8+'6L+;)<+45':H$4L+'&&4$4<'(%)*+'*>+6(44<%*=+'*=$4B
— !)6%(%)*%*=+>'('L+;)<+45':H$4+6"&8+'6L+=4)=<'H8%&'$+H)6%(%)*+'*>+(84+A)"<*49+H<)=<466+'6+7'9,
H)%*(6+);+'+:'5%:":+);+(84+$'6(+NPPP+:4(4<6B
— D*;)<:'(%)*+'#)"(+6H4&%;%&+4@4*(6+6"&8+'6+#<4'J>)7*6L+'&&%>4*(6+'*>+(<';;%&+A':6B

E)*(%*"'$$9+&8'*=%*=L+(4:H)<'<9+D-6+UH64">)*9:6V+'(('&84>+()+(84+E'<Qq+:466'=4L+:%*%:%?4+(84
H)66%#%$%(9+(8'(+(84+>'('+64*(+)"(+&'*+#4+(<'&4>+#'&J+()+9)"B
3)+'@)%>+:%6"64L+'+E'<Qq+:466'=4+>%6(<%#"(%)*+:"6(+('J4+H$'&4+@%'+@'$%>+&4<(%;%&'(46B+C%(8+(8464
&4<(%;%&'(46L+(84+E'<Qq+:466'=46+64*(+)"(+'<4+&):H'<4>+7%(8+&"<<4*(+(<"6(+$%6(6+'*>+#$'&J$%6(6B
38%6+%6+()+&84&J+784(84<+(84+E'<Qq+:466'=46+<4&4%@4>+'<4+'"(84*(%&L+(8'(+%6L+784(84<+(849+74<4
64*(+#9+'+$4=%(%:'(4+E'<Qq+"64<B
24="$'<+"H>'(46+);+(84+696(4:+&)*(4*(+U;)<+45':H$4L+&4<(%;%&'(46L+<4$4@'*(+(<"6(4>+$%6(6+'*>+#$'&J,
$%6(6V+'<4+<4I"%<4>+()+:44(+(84+>4:'*>6+);+E'<Qq+E)::"*%&'(%)*+'*>+()+4*'#$4+(84+&)*;%>4*(%'$%,
(9+);+)(84<+E'<Qq+H'<(%&%H'*(6+()+#4+&84&J4>B+384+"H>'(4+('J46+H$'&4+'"():'(%&'$$9+(8<)"=8+(84
<4$4@'*(+H<%@'&9+64((%*=+784*+9)"<+@48%&$4d6+)*$%*4+&)**4&(%)*+%6+'&(%@4+r+644+UM+E'<Qq+&)::"*%,
&'(%)*L+-46&<%H(%)*V
X%'+(84+."6UV1"(31&6";;$21:"W"631",/6&
."6UV1"(31&6";;$21:"W"631",/6&+;"*&(%)*+J49+%*+(84+D*;)('%*:4*(+696(4:L+9)"+&'*+'&(%,
@'(4+'*>+>4'&(%@'(4+E'<Qq+>'('+(<'*6:%66%)*+'*>+(84+g(<';;%&+8'?'<>+'$4<(h+;"*&(%)*B+384+$'6(+64(,
(%*=+%6+'$6)+6'@4>+;)<+4@4<9+"64<+U'$6)+;)<+(84+'*)*9:)"6+"64<VB+384+."6UV1"(31&6";;$21:"W"63
."6UV1"(31&6";;$21:"W"63
",/6&
",/6&+;"*&(%)*+J49+8'6+*)+%:H'&(+78'(6)4@4<+)*+(84+696(4:+&)*(4*(+"H>'(46+'*>+&'**)(+%*;$",
4*&4+(8464+%*+'*9+7'9B
C4+<4&)::4*>+=)%*=+)*$%*4+)*+'+744J$9+#'6%6+)<+6('9%*=+)*$%*4+%*+)<>4<+()+'$7'96+8'@4+(84+$'(,
46(+(<"6(4>+$%6(6+'*>+#$'&J$%6(6+'@'%$'#$4+%*+9)"<+@48%&$4B+384+:'5%:":+(%:4+9)"+68)"$>+*)(+#4+)*,
$%*4+%6+'<)"*>+(8<44+:)*(86B+.;(4<+(8%6+(%:4L+(84+696(4:+&)*(4*(+:"6(+#4+"H>'(4>+)<+E'<Qq+7%$$
#4+>4'&(%@'(4>+'"():'(%&'$$9B
D*+(84+4@4*(+);+'"():'(%&+>4'&(%@'(%)*+UM+b%:%(6Y696(4:+$%:%(6L+E'<Qq+&)::"*%&'(%)*V L+9)"+:"6(
<4'&(%@'(4+E'<Qq+:'*"'$$9B+38%6+%6+)*$9+H)66%#$4+%;+(84+%66"4+78%&8+&'"64>+(84+>4'&(%@'(%)*+8'6
#44*+6)$@4>B

D*>%&'()<+%*+(84+D*;)('%*:4*(+696(4:+;)<+'&(%@'(4>+E'<Qq+784*+>'('
(<'*6;4<+%6+#$)&J4>+UM+-46&<%H(%)*L+!<%@'&9+64((%*=6V B

D*;)<:'(%)*+'#)"(+>'('+H<)&466%*=+'*>+(84+E'<Qq+H<%@'&9+*)(%&4+&'*+#4+;)"*>+%*+(84
D*;)('%*:4*(+696(4:+"*>4<+gb4='$+%*;)<:'(%)*h+'*>+)*+(84+X)$J67'=4*+8):4H'=4B

7$/59,$'("5./(:C*=.58$(E%+5'$(E2#.%2,(
7$/59,$'("5./(:C*=.58$(E%+5'$(E2#.%2,(H:EEI
H:EEI
W):4+E'<Qq+>'('+<4&4%@4>+%6+'$6)+;)<7'<>4>+()+(84+.EE+696(4:B+F6%*=+(8%6+>'('L+(84+.EE+696(4:
&'*+'*(%&%H'(4+(84+674<@4+:'*4"@4<6+);+(84+(<';;%&+%*+;<)*(+'*>+'>'H(+%(6+<46H)*64+784*+&8'*=,
%*=+$'*4B+D;+9)"<+@48%&$4+%6+'$6)+4I"%HH4>+7%(8+-9*':%&+2)'>+W%=*+-%6H$'9+'*>+*'@%='(%)*L+'*>
.>'H(%@4+E<"%64+E)*(<)$+%6+'&(%@'(4>L+.EE+&'*+<4>"&4+(84+6H44>+%;+(84+@48%&$4+'HH<)'&846+(84+4*>
);+'+(<';;%&+A':+%(+8'6+>4(4&(4>B

K%*3359(/*V*%C(*,$%.

384+E'<Qq+g(<';;%&+8'?'<>+'$4<(h+;"*&(%)*+&'*+)*$9+#4+454&"(4>+784*+(84+."6UV1"(31&6";;$2
."6UV1"(31&6";;$2
:"W"631",/6&
:"W"631",/6&+;"*&(%)*+J49+8'6+#44*+'&(%@'(4>+%*+(84+D*;)('%*:4*(+696(4:B
E'<Qq+:'9+(<'*6:%(+7'<*%*=+:466'=46+'#)"(+(84+;)$$)7%*=+8'?'<>6+()+(84+@48%&$4T
— WH4&%'$+@48%&$46+78%&8+'<4+'HH<)'&8%*=+)<+#4%*=+64&"<4>B
— 34:H)<'<9+'*>+:)@%*=+<)'>7)<J6B
— C'<*%*=+);+#<4'J>)7*6L+'&&%>4*(6L+I"4"46B
— %*(4<@4*(%)*+);+'*+'&(%@4+6';4(9+696(4:+%*+E'<Qq+@48%&$46+'84'>+U4B=B+'"():'(%&+4:4<=4*&9
#<'J%*=VB

D;+(84+E'<Qq+g3<';;%&+8'?'<>+'$4<(h+;"*&(%)*+%66"46+'+7'<*%*=+:466'=4L+(84*+(8%6+%6+>%6H$'94>+%*+(84
%*6(<":4*(+&$"6(4<+'*>L+784<4+'HH$%&'#$4L+%*+(84+84'>,"H+>%6H$'9B
C84(84<+'+7'<*%*=+:466'=4+%6+%66"4>+>4H4*>6L+':)*=6(+)(84<+(8%*=6L+)*+(84+;)$$)7%*=+&<%(4<%'T
— +384+(9H4+);+8'?'<>B
— -<%@%*=+6H44>B
— 384+6(<4*=(8+);+(84+>4&4$4<'(%)*B

C'<*%*=+:466'=46+>%;;4<+;<):+4'&8+)(84<+%*+(84+;)$$)7%*=+7'96T
— D*+7'<*%*=+()*4B
— D*+(84+7'<*%*=+(45(L+7'<*%*=+69:#)$B
— D*+&)$)<'(%)*+U<4>L+94$$)7VB

n)"+&'*+&)*;%<:+'+7'<*%*=+:466'=4+"6%*=+(84+ GS +#"(()*+%*+(84+:"$(%,;"*&(%)*+6(44<%*=+7844$B
38%6+&'"646+(84+7'<*%*=+:466'=4+<4$'(%*=+()+(84+&"<<4*(+8'?'<>+()+#4+8%>>4*B

@$[+5%$>$#.'
384+;)$$)7%*=+&)*>%(%)*6+:"6(+#4+;"$;%$$4>+%*+)<>4<+;)<+(84+E'<Qq+g3<';;%&+8'?'<>+'$4<(h+;"*&(%)*+()
#4+'#$4+()+<4&4%@4L+%66"4+'*>+>%6H$'9+7'<*%*=+:466'=46T
— ."6UV1"(31&6";;$21:"W"631",/6&
."6UV1"(31&6";;$21:"W"631",/6&+%6+'&(%@'(4>+%*+(84+D*;)('%*:4*(+696(4:B
— 24$4@'*(+@48%&$46+'*>+(<';;%&+%*;<'6(<"&("<4+&):H)*4*(6+'<4+4I"%HH4>+7%(8+;"*&(%)*'$+'*>
&):H'(%#$4+E'<Qq+(4&8*)$)=9B
— +K'?'<>6+8'@4+#44*+<4&)=*%?4>+%*+'&&)<>'*&4+7%(8+6('*>'<>%?4>+6H4&%;%&'(%)*6B
— n)"+8'@4+*)(+94(+&)*;%<:4>+(84+7'<*%*=+:466'=4+@%'+(84+ GS +#"(()*+%*+(84+:"$(%,;"*&(%)*
6(44<%*=+7844$B
— 384<4+%6+&"<<4*($9+*)+yy#$)&J%*=+(%:4B

C.2/D/0
D=*)<%*=+7'<*%*=+:466'=46+:'9+$4'>+()+'&&%>4*(6+'*>+64<%)"6+%*A"<%46B
● /4@4<+%=*)<4+7'<*%*=+:466'=46B

F1'.$>(,5>5.*.52#'

384+696(4:+%*+9)"<+@48%&$4+)*$9+&)::"*%&'(46+7%(8+@48%&$46+'*>+(<';;%&+%*;<'6(<"&("<4+(8'(+'<4
4I"%HH4>+7%(8+;"*&(%)*%*=+'*>+&):H'(%#$4+E'<Qq+(4&8*)$)=9B
E'<Qq+&'**)(
&'**)(+<4&)<>+(84+;)$$)7%*=+@48%&$4+'*>+(<';;%&+%*;<'6(<"&("<4+&):H)*4*(6T
— X48%&$46+7%(8)"(+E'<QqB
— X48%&$46+7%(8+>4'&(%@'(4>+E'<QqB
— X48%&$46+7%(8+:'$;"*&(%)*%*=+)<+%*&):H'(%#$4+E'<Qq+(4&8*)$)=9B
— 3<';;%&+%*;<'6(<"&("<4+7%(8)"(+E'<Qq+(4&8*)$)=9B
— 3<';;%&+%*;<'6(<"&("<4+7%(8+>4'&(%@'(4>+E'<Qq+(4&8*)$)=9B
— 3<';;%&+%*;<'6(<"&("<4+&):H)*4*(6+7%(8+:'$;"*&(%)*%*=+)<+%*&):H'(%#$4+E'<Qq+&):H)*4*(6B

:+.2>*.59(C$*9.58*.52#
E'<Qq+&'*+>4'&(%@'(4+'"():'(%&'$$9+%*+&4<('%*+&'646T
— E'<Qq+%6+%*+'*+4<<)<+&)*>%(%)*B+D;+(84+4<<)<+&)*>%(%)*+&)*(%*"46L+H$4'64+&)*('&(+'*
'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B
— E'<Qq+%6+*)(+H4<:%66%#$4+%*+(84+<46H4&(%@4+&)"*(<9B
— 384+@48%&$4+7'6+*)(+)*$%*4+;)<+'+$)*=4<+H4<%)>+);+(%:4L+4B=B+#9+67%(&8%*=+);;+>'('+(<'*6:%66%)*
UM+-46&<%H(%)*L+!<%@'&9+64((%*=6V B+."(8)<%?4+>'('+(<'*6:%66%)*+'='%*+()+"H>'(4+696(4:+&)*(4*(B
384*+<4'&(%@'(4+E'<QqB

?+#9.52#*,(,5>5.*.52#'
X'<%)"6+4*@%<)*:4*('$+%*;$"4*&46+&'*+$%:%(+(84+;"*&(%)*'$%(9+'*>+<'*=4+);+E'<Qq+(4&8*)$)=9B+D*
H'<(%&"$'<L+(8%6+%*&$">46T
— ["%$>%*=6L+#<%>=46L+"*>4<H'6646L+H'<J%*=+#"%$>%*=6B
— a)"*('%*6+'*>+@'$$496L+(<446+'*>+H$'*(6B
— 3<'%$4<+:)>4B
— 2));+#)546+'*>+)(84<+@48%&$4+6"H4<6(<"&("<46B
— G(84<+@48%&$46B
— D*(4<;4<%*=+(<'*6:%((4<6+'*>+)(84<+<'>%)+696(4:6+(8'(+8%*>4<+)<+H<4@4*(+E'<Qq+&)::"*%&'(%)*B

;#*4,5#6(*#C(*9.58*.5#6(3+#9.52#'(H-$(W=6%*C$I

G#.%2C+9.52#

.;(4<+>4$%@4<9L+(84+@48%&$4+&'*+#4+;%((4>+7%(8+&4<('%*+45(<'+4I"%H:4*(+'*>+)H(%)*'$+;"*&(%)*6m+(8%6
%6+4%(84<+;)<+'+$%:%(4>+(%:4
-4H4*>%*=+)*+(84+@48%&$4+:)>4$L+#'6%&+&):;)<(+'*>+D*;)('%*:4*(+;"*&(%)*6L+'6+74$$+'6+><%@4<+'6,
6%6('*&4+696(4:6L+&'*+#4+4*'#$4>B
1*'#$%*=+;"*&(%)*6+'*>+4I"%H:4*(+>4H4*>6+)*+(84+%*>%@%>"'$+;'&()<9+6('("6+);+9)"<+@48%&$4+'*>+%6
*)(+H)66%#$4+%*+'$$+:'<J4(6B
.;(4<+4*'#$%*=+'*>+'&(%@'(%*=+(84+;"*&(%)*L+<4'>+'*>+('J4+*)(4+);+(84+&)<<46H)*>%*=+%*;)<:'(%)*
'*>+7'<*%*=+*)(%&46+%*+(84+)7*4<d6+:'*"'$+)<+%*+(84+%*6(<"&(%)*6+'@'%$'#$4+)*$%*4B
C.2/D/0
C84*+$4*>%*=+)<+64$$%*=+9)"<+@48%&$4L+%*;)<:+(84+#"94<+)<+"64<+'#)"(+(84+;"*&(%)*6+78%&8+8'@4
#44*+H4<:'*4*($9+4*'#$4>L+'6+74$$+'6+(8)64+78%&8+'<4+4*'#$4>+;)<+'+$%:%(4>+H4<%)>B
● D=*)<%*=+(8%6+)#$%='(%)*+()+%*;)<:+&'*+&'"64+'&&%>4*(6+'*>+%*A"<9B

C.2/D/0
D;+'+(%:4,$%:%(4>+;"*&(%)*+);+(84+><%@4<+'66%6(+696(4:6+<"*6+)"(L+(84+@48%&$4+8'*>$%*=+&'*+&8'*=4
6">>4*$9+)<+"*45H4&(4>$9B

D*+6):4+&'646L+%;+(84+*4&466'<9+8'<>7'<4+;)<+4*'#$%*=+(84+;"*&(%)*+%6+*)(+H<464*(+(84+%*
@48%&$4L+%(+&'*+#4+<4(<);%((4>B+X)$J67'=4*+<4&)::4*>6+"6%*=+'+X)$J67'=4*+>4'$4<68%H+;)<
<4(<);%((%*=+8'<>7'<4B

D;+(84+*4&466'<9+6);(7'<4+;)<+4*'#$%*=+(84+;"*&(%)*+%6+*)(+H<464*(+%*+(84+@48%&$4+(84+6);(,
7'<4+&'*+#4+<4(<);%((4>+@%'+UM+-46&<%H(%)*L+W);(7'<4+"H>'(4V B+384<4+:'9+#4+'66)&%'(4>
&8'<=46L+>4H4*>%*=+)*+(84+(9H4+);+6);(7'<4B

A$'9%5=.52#

D;+(84+;"*&(%)*+%6+H<)H4<$9+'&(%@'(4>L+%(+&'*+#4+"64>+H4<:'*4*($9+)<+7%(8+'+(%:4+$%:%(B
— .+:)#%$4+*4(7)<J+&)**4&(%)*+%6+)*$9+<4I"%<4>+;)<+H"<&8'6%*=+;"*&(%)*6+)*+>4:'*>L+;)<+(84+'&,
(%@'(%)*+H<)&466+%(64$;+'*>+;)<+'&(%@'(%*=+(84+;"*&(%)*6+)*+>4:'*>B
— R"*&(%)*6+)*+>4:'*>+7%(8+#)(8+'*+)*$%*4+H)<(%)*+'*>+'*+);;$%*4+H)<(%)*+<4I"%<4+'+&)*(%*")"6
:)#%$4+*4(7)<J+&)**4&(%)*+()+<"*B

R"*&(%)*6+'*>+;4'("<46+)*+>4:'*>+;)<+(84+@48%&$4+'<4+4%(84<+>46&<%#4>+%*+(8%6+G7*4<d6+a'*"'$L+%*
(84+D*;)('%*:4*(+696(4:L+)*+(84+X)$J67'=4*+8):4H'=4+)<+%*+9)"<+X)$J67'=4*+C4+E)**4&(+'&,
&)"*(B+E4<('%*+;"*&(%)*6+>)+*)(+*44>+'+>46&<%H(%)*L+6"&8+'6+;"*&(%)*+;)<+&8'*=%*=+(84+'HH4'<'*&4
)<+&)$)<+);+(84+D*;)('%*:4*(+696(4:B
.&(%@'(4>+;"*&(%)*6+'<4+*)(+$%:%(4>+()+(84+(4<:+);+(84+X)$J67'=4*+C4+E)**4&(+&)*(<'&(B

O%$%$[+5'5.$'(32%(*9.58*.5#6(3+#9.52#'

— 384+@48%&$4+8'6+%(6+)7*+%*6('$$4>+D*;)('%*:4*(+696(4:B
— E):H'(%#%$%(9+'*>+H4<;)<:'*&4+);+(84+8'<>7'<4+%*+(84+@48%&$4B
— n)"+8'@4+'+@'$%>+C4+E)**4&(+&)*(<'&(+7%(8+X)$J67'=4*B
— 384+@48%&$4+%6+'66%=*4>+()+9)"<+C4+E)**4&(+"64<+'&&)"*(B
— 384<4+%6+6";;%&%4*(+&4$$+H8)*4+<4&4H(%)*+'(+9)"<+@48%&$4d6+&"<<4*(+$)&'(%)*B
— 384+@48%&$4+4$4&(<%&'$+696(4:+%6+;"*&(%)*%*=B
— 384+&8'<=4+6('("6+);+9)"<+@48%&$4d6+#'((4<9+%6+6";;%&%4*(B
— R'&()<9,%*6('$$4>+)*$%*4+&)**4&(%@%(9+"*%(+)<L+%*+&4<('%*+&)"*(<%46L+X)$J67'=4*+C4+E)**4&(
&)*(<)$+"*%(B
:9.58*.52#

W4$4&(+'+(%:4+;)<+'&(%@'(%)*+'(+78%&8+(84+@48%&$4+>)46+*)(+*44>+()+#4+><%@4*+#9+9)"+)<+'*9)*4
4$64B

NB+ W7%(&8+(84+%=*%(%)*+)*B
QB+ E)*;%<:+(84+6);(7'<4+%*6('$$'(%)*+%*+(84+D*;)('%*:4*(+696(4:B
OB+ G#64<@4+(84+%*;)<:'(%)*+>"<%*=+'&(%@'(%)*+%*+(84+D*;)('%*:4*(+696(4:B

.;(4<+6"&&466;"$+'&(%@'(%)*L+%(+%6+*4&466'<9+;)<+6):4+;"*&(%)*6+()+;%<6(+67%(&8+(84+%=*%(%)*+);;+'*>
(84*+#'&J+)*B+384+;"*&(%)*+&'*+(84*+#4+"64>+&)<<4&($9B

[4;)<4+<46('<(%*=+(84+4*=%*4L+<4'>+(84+:466'=4+%*+(84+D*;)('%*:4*(+696(4:+'#)"(+(84
&)*&$"6%)*+);+(84+'&(%@'(%)*B+D;+'&(%@'(%)*+7'6+*)(+6"&&466;"$L+)#64<@4+(84+<4$'(4>+*)(4B

K%2+4,$'/22.5#6

-/$%$(9*#(G(35#C(3+#9.52#'(2#(C$>*#CT
D*+'*+)*$%*4+68)H+(8'(+9)"+&'*+)H4*+@%'+9)"<+X)$J67'=4*+C4+E)**4&(+"64<+H<);%$4B
-4H4*>%*=+)*+9)"<+4I"%H:4*(L+;"*&(%)*6+&'*+'$6)+#4+H"<&8'64>L+4*'#$4>+'*>+'&(%@'(4>+>%<4&($9
@%'+(84+D*;)('%*:4*(+696(4:+%*+(84+gD*,E'<+W8)HhB

?+#9.52#*,(,5>5.*.52#'(C+%5#6(*9.58*.52#
384+;"*&(%)*+%6+*)(+'@'%$'#$4+>"<%*=+'&(%@'(%)*B

?2,,2"5#6('+99$''3+,(*9.58*.52#
W"&&466;"$+'&(%@'(%)*+%6+>%6H$'94>+%*+(84+D*;)('%*:4*(+696(4:B

)245,$(0$1

G#.%2C+9.52#

384+;"*&(%)*+()+8'@4+9)"<+g:)#%$4+>4@%&4+'6+'+@48%&$4+J49h+%*+&)**4&(%)*+7%(8+(84+X)$J67'=4*
C4+E)**4&(+'HH+%6+&'$$4>+g:)#%$4+J49hB+38%6+'$$)76+'*+'HH<)H<%'(4+:)#%$4+>4@%&4+()+#4+"64>+%*
H$'&4+);+'+&)*@4*(%)*'$+<4:)(4+&)*(<)$+@48%&$4+J49B+n)"+&'*+$)&J+'*>+"*$)&J+(84+@48%&$4+'*>+6('<(
(84+4*=%*4+7%(8+(84+'&(%@'(4>+:)#%$4+J49B+/4%(84<+(84+:)#%$4+>4@%&4+*)<+(84+@48%&$4+*44>6+()+#4
&)**4&(4>+()+(84+D*(4<*4(+;)<+(8%6+()+7)<JB
384+@48%&$4+%6+>4$%@4<4>+;<):+(84+;'&()<9+7%(8+(84+>4'&(%@'(4>+g:)#%$4+J49h+;"*&(%)*B+38%6+%6+'$6)
(84+6('("6+';(4<+<464((%*=+(84+D*;)('%*:4*(+696(4:+()+;'&()<9+64((%*=6B+3)+'&(%@'(4+(84+;"*&(%)*L
9)"+:"6(+;%<6(+%*6('$$+'*>+'&(%@'(4+)*4+)<+:"$(%H$4+:)#%$4+J496B+R)<+(8%6+9)"+*44>+'*+'HH<)H<%'(4
:)#%$4+>4@%&4L+7%(8+(84+X)$J67'=4*+C4+E)**4&(+'HH+%*6('$$4>+UM+W4((%*=6L+a)#%$4+J49V B
G*4+:)#%$4+>4@%&4+%6+'#$4+()+8'@4+(84+:)#%$4+J49+()+:"$(%H$4+>%;;4<4*(+@48%&$46B+384+&)::"*%&',
(%)*+#4(744*+(84+:)#%$4+>4@%&4+'*>+@48%&$4+('J46+H$'&4+@%'+/RE+(<'*6:%66%)*B
D;+'+:)#%$4+J49+%6+<4@)J4>+%(+&'**)(+#4+"64>+'*9+:)<4B

C.2/D/0
b)66+)<+&'<4$466+"64+);+'+:)#%$4+>4@%&4+7%(8+:)#%$4+J49+;"*&(%)*L+&'*+<46"$(+%*+(84+@48%&$4+#4%*=
6()$4*L+'6+74$$+'6+%*+'&&%>4*(6+'*>+64@4<4+%*A"<9B

C.2/D/0
24@)J%*=+'+:)#%$4+J49+&'*+&'"64+(84+@48%&$4+()+#4&):4+6(<'*>4>+'*>+&'"64+64@4<4+%*A"<%46B+.;,
(4<+<4@)J%*=+(84+J49L+(84+J49+)7*4<+&'*+*)+$)*=4<+:)@4L+)<+$)&J+)<+"*$)&J+(84+@48%&$4B
● D;+'+:)#%$4+J49+><'%*6+)<+%6+<4@)J4>+>"<%*=+'+A)"<*49L+%(+)*$9+#4&):46+*)*,;"*&(%)*'$+';(4<
(84+%=*%(%)*+8'6+#44*+67%(&84>+);;B

S44H+/RE,&'H'#$4+&<4>%(+&'<>6+)<+/RE,4*'#$4>+>4@%&46+'7'9+;<):+(84+;"*&(%)*%*=+:),
#%$4+>4@%&4+)<+(84+64<@%&4+&'<>B+G(84<+/RE+>4@%&46+&'*+8%*>4<+(84+;"*&(%)*'$%(9+);+(84+:),
#%$4+J49B

D;+9)"+64$$+(84+@48%&$4L+:)#%$4+J496+78%&8+'<4+'$<4'>9+%*6('$$4>+&'**)(+#4+(<'*6;4<<4>+()
(84+64$$4<B+D*+(8%6+%*6('*&4L+>4$4(4+'$$+:)#%$4+J496+UM+a)#%$4+J49L+F64V B+D;+9)"+$4*>+)<+64$$
(84+@48%&$4L+*)(%;9+(84+"64<+)<+#"94<+'#)"(+(84+45%6(4*&4+);+:)#%$4+J496B

384+@48%&$4+&'*+#4+$)&J4>+"6%*=+:)#%$4+J496+4@4*+%;+'*)(84<+@48%&$4+J49+%6+%*6%>4+(84
@48%&$4B

@$[+5%$>$#.'

— 384+@48%&$4+%6+'66%=*4>+()+(84+C4+E)**4&(+'&&)"*(+);+(84+H<%:'<9+"64<B
— 384+@48%&$4+%6+4I"%HH4>+;)<+(84+g:)#%$4+J49h+;"*&(%)*B
— n)"+<4I"%<4+'+&):H'(%#$4+:)#%$4+>4@%&4+7%(8+/RE+'&(%@'(4>B+n)"+&'*+&84&J+&):H'(%#%$%(9+@%'
(84+C4+E)**4&(+'HHB
— .+:)#%$4+>4@%&4+:"6(+#4+64(+"H+'6+(84+H<%:'<9+"64<+:)#%$4+>4@%&4+()+4*'#$4+:)#%$4+J496+()+#4
"64>+'*>+(<'*6;4<<4>B
— a)#%$4+J496+'<4+$)&'(4>+%*+(84+C4+E)**4&(+'&&)"*(+);+(84+H<%:'<9+"64<B
— 384+X)$J67'=4*+C4+E)**4&(+'HH+%6+%*6('$$4>+)*+(84+:)#%$4+>4@%&4+'*>+%6+<4'>9+()+"64B
— 384+H<%:'<9+"64<+8'6+H<)@%>4>+H<));+);+)7*4<68%H+'*>+H<));+);+%>4*(%(9B
C4E)**4&(L+.&(%)*
W'5#6(*(>245,$(0$1

C84*+"6%*=+:)#%$4+J496L+H$4'64+H'9+'((4*(%)*+()+(84+%*6(<"&(%)*6+'*>+%*;)<:'(%)*+78%&8+&'*+#4
@%474>+@%'+(84+D*;)('%*:4*(+696(4:+)<+(84+C4+E)**4&(+'HHB
— .*+%*%(%'$+I"'*(%(9+);+:)#%$4+J496+%6+6"HH$%4>+@%'+X)$J67'=4*+C4+E)**4&(B+384<4+%6+"6"'$$9+'
&8'<=4+;)<+4'&8+'>>%(%)*'$+:)#%$4+J49B
— .+:'5%:":+);+N\+:)#%$4+J496+:'9+#4+"64>+6%:"$('*4)"6$9+H4<+@48%&$4B
— 1'&8+:)#%$4+J49+$'6(6+;)<+'+$%:%(4>+>"<'(%)*+);+(%:4B
— C84*+(84+H<%:'<9+"64<+H<)@%>46+'+:)#%$4+J49L+84+)<+684+%6+'$$)7%*=+(84+<4&%H%4*(+);+(84+J49+()
'&&466+'+@48%&$4+'*>+=%@%*=+(84:+H4<:%66%)*+()+><%@4+%(B

C.2/D/0
C84*+$4'@%*=+(84+@48%&$4L+*4@4<+$4'@4+&)*@4*(%)*'$+@48%&$4+J496+)<+:)#%$4+>4@%&46+7%(8+:)#%$4
J496+%*+(84+@48%&$4B+E'<4$466+)<+"*%*(4*>4>+"64+);+(8%6+@48%&$4+J49+&'*+&'"64+&<'6846+'*>+64<%)"6
%*A"<%46B
● .$7'96+(<4'(+(84+:)#%$4+J49+7%(8+&'<4B

D;+9)"+$4'@4+#48%*>+J496+78%&8+#4$)*=+()+(84+@48%&$4+%*+(84+@48%&$4+784*+9)"+$4'@4+%(L+(8%6
&'*+<46"$(+%*+$)&J%*=+:'$;"*&(%)*6+'*>+%*+(84+(84;(+);+(84+@48%&$4B

U2905#6(*#C(+#,2905#6(./$(8$/59,$
!)6%(%)*+(84+:)#%$4+>4@%&4+7%(8+(84+:)#%$4+J49+%*+(84+&4*(4<+'*>+&$)64+()+(84+><%@4<d6+>))<+8'*,
>$4B+.$7'96+"64+(84+<4'<+6%>4+);+(84+:)#%$4+>4@%&4B+D;+*4&466'<9L+:)@4+%(+=4*($9+;)<7'<>6+'*>
#'&J7'<>6B
D;+*4&466'<9L+'>'H(+(84+/RE+64((%*=6B

F.*%.(./$($#65#$

NB+ !$'&4+(84+:)#%$4+>4@%&4+7%(8+'&(%@'(4>+:)#%$4+J49+%*+(84+7%<4$466+&8'<=%*=+;"*&(%)*+6()<'=4
&):H'<(:4*(B
QB+ GH4<'(4+(84+4*=%*4+6('<(+#"(()*B
OB+ b4'@4+(84+:)#%$4+>4@%&4+%*+(84+6()<'=4+&):H'<(:4*(+>"<%*=+(84+A)"<*49B

O%5>*%1(+'$%(>245,$(C$859$(3+#9.52#'P($#C(23(+'*6$
— .&(%@'(4+'*>+45(4*>+:)#%$4+J496+;)<+9)"<+)7*+@48%&$4B
— 3<'*6;4<+:)#%$4+J496+()+)(84<+:)#%$4+>4@%&46B
— -4$4(4+:)#%$4+J496+78%&8+8'@4+#44*+(<'*6;4<<4>+()+)(84<+:)#%$4+>4@%&46B

384+H<%:'<9+"64<+'*>+(84+<4&%H%4*(+);+(84+J49+'<4+%*;)<:4>+#4;)<4+'+:)#%$4+J49+45H%<46B

@$'$.(.2(3*9.2%1('$..5#6'
— +D;+9)"+<464(+'$$+(84+64((%*=6+);+(84+H<%:'<9+"64<d6+:)#%$4+>4@%&4L+(84+%*6('$$4>+'*>+'66%=*4>
:)#%$4+J496+'<4+<4('%*4>B
— D;+9)"+454&"(4+(84+;"*&(%)*+Q"2&'6-1*/&&$(%*
Q"2&'6-1*/&&$(%*+%*+(84+D*;)('%*:4*(+696(4:L+9)"+7%$$+H4<:',
*4*($9+>4$4(4
>4$4(4+'$$+:)#%$4+J496
'$$+:)#%$4+J496L+%*+'>>%(%)*+()+)(84<+>'('+'*>+64((%*=6B

A$*9.58*.5#6(>245,$(0$1'(5#(./$(G#32.*5#>$#.('1'.$>
!<4&)*>%(%)*T
— F*$)&J+(84+@48%&$4+"6%*=+S49$466+.&&466+7%(8+H"68,#"(()*+6('<(+)<+(84+:4&8'*%&'$+J49+'*>
67%(&8+)*+(84+%=*%(%)*B

C84*+9)"+&'<<9+)"(+(84+;"*&(%)*+g-4'&(%@'(4+:)#%$4+J49h+%*+(84+D*;)('%*:4*(+696(4:L+'$$+:)#%$4
J496+'<4+<4('%*4>B+G*$9+(84+/RE+;"*&(%)*'$%(9+7%(8%*+(84+@48%&$4+%6+>4'&(%@'(4>B
384+>"<'(%)*+);+(84+>4'&(%@'(%)*+8'6+*)+%*;$"4*&4+)*+(84+45H%<9+>'(4+);+'*9+:)#%$4+J496+78%&8
8'@4+#44*+%66"4>B

F$..5#6(+=(./$(=%5>*%1(+'$%(>245,$(C$859$(32%(./$(8$/59,$

C84*+"6%*=+'+:)#%$4+J49+;)<+(84+;%<6(+(%:4L+(84+H<%:'<9+"64<+:)#%$4+>4@%&4+:"6(+#4+64(+"H+;)<+(84
@48%&$4+'6+;)$$)76T
!'9+'((4*(%)*+()+(84+%*;)<:'(%)*+>%6H$'94>+%*+(84+:)#%$4+>4@%&4+'*>+(84+D*;)('%*:4*(+696(4:
>"<%*=+64("HT
— D*6('$$+(84+C4+E)**4&(+'HH+)*+(84+H<%:'<9+"64<+:)#%$4+>4@%&4B
— W('<(+64("H+%*+(84+C4+E)**4&(+'HHB
— W7%(&8+)*+(84+%=*%(%)*+'*>+D*;)('%*:4*(+696(4:B
— 1*(4<+(84+)*4,(%:4+H'66&)>4+;<):+(84+D*;)('%*:4*(+696(4:+%*()+(84+%*H"(+;%4$>+%*+(84+'HHB
— 384+H<%:'<9+"64<d6+:)#%$4+>4@%&4+%6+64(+"HB

D;+(84+)*4,(%:4+H'66&)>4+%*;)<:'(%)*+7%*>)7+%6+*)(+>%6H$'94>+'"():'(%&'$$9L+:'*"'$$9+<4I"46(+'
)*4,(%:4+H'66&)>4+"*>4<+O'>$,/1I/-
O'>$,/1I/-+)<+P*/6
P*/6B
G*$9+)*4+H<%:'<9+"64<+:)#%$4+>4@%&4+&'*+#4+64(+"H+H4<+@48%&$4B

7*,$.(0$19*%C

384+@48%&$4+%6+6"HH$%4>+7%(8+'+>4'&(%@'(4>+64<@%&4+&'<>L+78%&8+64<@46+'6+'+(4:H)<'<9+:)#%$4+J49
;)$$)7%*=+'&(%@'(%)*+%*+(84+&'64+);+'+#<4'J>)7*L+'+7)<J68)H+@%6%(+)<+;)<+'+@'$4(+H'<J%*=+64<@%&4B+D*
)<>4<+()+"64+(84+64<@%&4+&'<>L+9)"+;%<6(+*44>+()+'&(%@'(4+%(+%*+(84+7%<4$466+&8'<=%*=+;"*&(%)*+6()<,
'=4+&):H'<(:4*(B+n)"+&'*+&'<<9+)"(+'$$+(84+:)#%$4+J49+;"*&(%)*6+"6%*=+(84+'&(%@'(4>+64<@%&4+&'<>B
.+<4H$'&4:4*(+64<@%&4+&'<>+&'*+#4+)<>4<4>+;<):+9)"<+X)$J67'=4*+>4'$4<68%HB+C84*+9)"+"64+'+<4,
H$'&4:4*(+64<@%&4+&'<>L+'*9+)(84<+64<@%&4+&'<>6+;)<+(8%6+&'<+#4&):4+%*@'$%>B
G*$9+)*4+@'$4(+&'<>+'(+'+(%:4+:'9+#4+'&(%@4+;)<+'+@48%&$4L+4@4*+%;+64@4<'$+64<@%&4+&'<>6+'<4
'@'%$'#$4B
1*6"<4+(8'(+(84+64<@%&4+&'<>+%6+)*$9+'&(%@'(4>+;)<+'+6H4&%;%&+H"<H)64B

b4'@4+(84+>4'&(%@'(4>
>4'&(%@'(4>+64<@%&4+&'<>+%*+(84+@48%&$4L+6)+(8'(+'$$+:)#%$4+J49+"64<6+&'*+'&(%,
@'(4+(84+64<@%&4+&'<>+%;+*44>4>B

:9.58*.5#6(./$(8*,$.(0$19*%C
!<4&)*>%(%)*T
— n)"<+:)#%$4+>4@%&4+&)*('%*6+(84+@'$%>+:)#%$4+J49+;)<+(84+@48%&$4B

NB+ F*$)&J+(84+@48%&$4B
QB+ !$'&4+(84+:)#%$4+>4@%&4+%*+(84+:%>>$4+);+(84+'<4'+:'<J4>+;)<+(84+&)<>$466+&8'<=%*=+;"*&(%)*
%*+(84+6()<'=4+&):H'<(:4*(B
OB+ W7%(&8+)*+(84+%=*%(%)*+"6%*=+(84+:)#%$4+J49B
ZB+ 24:)@4+(84+:)#%$4+>4@%&4+;<):+(84+6()<'=4+&):H'<(:4*(B
\B+ !$'&4+(84+64<@%&4+&'<>+%*+(84+:%>>$4+);+(84+'<4'+:'<J4>+;)<+(84+&)<>$466+&8'<=%*=+;"*&(%)*+%*
(84+6()<'=4+&):H'<(:4*(+'*>+;)$$)7+(84+%*6(<"&(%)*6+%*+(84+D*;)('%*:4*(+696(4:B
— 384+64<@%&4+&'<>+%6+*)7+'&(%@4B
— 384+H<%:'<9+"64<+&'*+'$6)+644+(8'(+(84+64<@%&4+&'<>+%6+'&(%@4+%*+(84+C4+E)**4&(+'HH+'*>
(84+C4+E)**4&(+74#+H)<('$B

C.2/D/0
-)+*)(+H$'&4+:4('$+)#A4&(6+)<+)#A4&(6+7%(8+:4('$+&):H)*4*(6+)*+(84+7%<4$466+&8'<=%*=+6"<;'&4B
a4('$+)#A4&(6+&'*+#4&):4+@4<9+8)(B+38%6+:'9+&'"64+#"<*6+()+(84+6J%*+)<+'+;%<4B

/G3DE1
-)+*)(+H$'&4+'*9+D-+&'<>6L+&<4>%(+&'<>6L+4(&B+7%(8+:'=*4(%&+6(<%H6+)<+7%(8+'+&8%H+)*+(84+7%<4$466
&8'<=%*=+6"<;'&4B+384+>'('+6()<4>+)*+(84+:'=*4(%&+6(<%H6+)<+(84+&8%H+&)"$>+#4&):4+"*"6'#$4B

A$*9.58*.5#6(./$(8*,$.(0$19*%C
— W7%(&8+)*+(84+%=*%(%)*+"6%*=+S49$466+.&&466L+:4&8'*%&'$+<4:)(4+&)*(<)$+@48%&$4+J49+)<+:)#%$4
J49B

384+64<@%&4+&'<>+8'6+*)7+#44*+>4'&(%@'(4>+'*>+:'9+#4+<4'&(%@'(4>+'*>+"64>+%;+<4I"%<4>B

K%2+4,$'/22.5#6

-/$%$(9*#(G(24.*5#(>245,$(0$1'T
D*+'+74#+68)H+78%&8+9)"+&'*+'&&466+@%'+9)"<+X)$J67'=4*+C4+E)**4&(+"64<+'&&)"*(B
-4H4*>%*=+)*+@48%&$4+4I"%H:4*(L+9)"+&'*+'$6)+H"<&8'64+:)#%$4+J496+>%<4&($9+(8<)"=8+(84+D*;),
('%*:4*(+696(4:+%*+(84+gD*,E'<+W8)HhB

)$''*6$(2#(./$(C5'=,*1X(_)245,$(0$1(#2.(%$926#5V$C`
384+:466'=4+:'9+#4+>"4+()+)*4+);+(84+;)$$)7%*=+&'"646T
— 384+:)#%$4+>4@%&4+*)+$)*=4<+&)*('%*6+'+@'$%>+:)#%$4+J49+6%*&4+(8%6+8'6+45H%<4>+)<+8'6+#44*
<4:)@4>B
— 384+:)#%$4+>4@%&4+%6+%*+(84+@48%&$4+#"(+%6+*)+$)*=4<+%*+(84+7%<4$466+&8'<=%*=+;"*&(%)*+6()<'=4
&):H'<(:4*(B
— 384+:)#%$4+>4@%&4+%6+*)+$)*=4<+%*+(84+@48%&$4B

E*#(./$(>245,$(0$1(4$(.%*#'3$%%$C(53(./$(8$/59,$(5'('2,CT
D;+(84+H<%:'<9+"64<+&8'*=46L+:)#%$4+J496+78%&8+8'@4+'$<4'>9+#44*+'66%=*4>+'<4+>4$4(4>B
a)#%$4+J496+78%&8+8'@4+*)(+94(+#44*+'66%=*4>+'<4+<4('%*4>+'*>+(<'*6;4<<4>+()+(84+*47+H<%:'<9
"64<B

E*#(G(.%*#'3$%(./$(>245,$(0$1(3%2>(>1(>*5#(+'$%(.$,$=/2#$(.2(>1
#$"(>245,$(C$859$T
/)L+'+:)#%$4+J49+78%&8+8'6+'$<4'>9+#44*+%*6('$$4>+&'**)(+#4+(<'*6;4<<4>B

?+#9.52#*,(,5>5.*.52#'
b)&J%*=+7%(8)"(+W.R1bGEST
— D;+9)"+$)&J+(84+@48%&$4+"6%*=+(84+:)#%$4+J49+7%(8)"(+W.R1bGESL+9)"+:"6(+>4'&(%@'(4+%*(4<%)<
:)*%()<%*=+%*+(84+D*;)('%*:4*(+696(4:B+W.R1bGES+%6+*)(+'&(%@'(4>+;)<+(84+;)$$)7%*=+$)&J%*=
'&(%)*B+D(+%6+*)(
*)(+H)66%#$4+()+>4'&(%@'(4+W.R1bGES+<4(<)6H4&(%@4$9+';(4<+$)&J%*=+(84+@48%&$4+"6,
%*=+(84+:)#%$4+J49B

-4'&(%@'(%*=+)<+'&(%@'(%*=+(84+;<)*(+H'664*=4<d6+;<)*(+'%<#'=T
— 38%6+%6+)*$9+H)66%#$4+"6%*=+(84+:4&8'*%&'$+@48%&$4+J49B

b)&J%*=+'*>+"*$)&J%*=+(84+@48%&$4+784*+(84+@48%&$4+#'((4<9+%6+>%6&8'<=4>T
— 38%6+%6+)*$9+H)66%#$4+"6%*=+(84+:4&8'*%&'$+@48%&$4+J49B

F6%*=+(84+:)#%$4+J49+784*+(84+:)#%$4+>4@%&4+#'((4<9+8'6+#44*+>%6&8'<=4>T
— W):4+:)#%$4+>4@%&46+:'9+#4+"64>+64@4<'$+(%:46+4@4*+%;+(84+#'((4<9+8'6+#44*+>%6&8'<=4>B+a'J4
6"<4+(8'(+9)"<+:)#%$4+>4@%&4+'$7'96+8'6+6";;%&%4*(+#'((4<9+&8'<=4B

-/*.(C2(G(#$$C(.2("*.9/(2+.(32%(53(G(4+1(*(8$/59,$(./*.('+==2%.'
>245,$(0$1'T
a'J4+6"<4+(8'(+*)+:)#%$4+J496+;)<+9)"<+@48%&$4+'<4+%*+&%<&"$'(%)*B+384+*":#4<+);+'&(%@4+:)#%$4
J496+&'*+#4+>%6H$'94>+%*+(84+D*;)('%*:4*(+696(4:+"*>4<+ga)#%$4+J49hB+D*+)<>4<+()+>4$4(4+J496
78%&8+'<4+6(%$$+&%<&"$'(%*=L+&'<<9+)"(+'+H<%:'<9+"64<+<464(+)<+<4=%6(4<+9)"<64$;+'6+(84+*47+H<%:'<9
"64<+7%(8+(8%6+@48%&$4B

-/*.(C2(G(#$$C(.2("*.9/(2+.(32%(53(G('$,,(*(8$/59,$("5./(>245,$
0$1'T
E'<<9+)"(+'+H<%:'<9+"64<+<464(+)<+<464(+(84+D*;)('%*:4*(+696(4:+()+(84+>4$%@4<9+6('(4+U;'&()<9+64(,
(%*=6VB+.$$+:)#%$4+J496+%*+&%<&"$'(%)*+7%$$+#4+>4$4(4>+'6+'+<46"$(B

O%58*91('$..5#6'

G#.%2C+9.52#

384+gH<%@'&9+64((%*=6h+;"*&(%)*+'$$)76+>'('+(<'*6;4<L+)<+4*'#$46+=<'>4>+#$)&J%*=+);+>'('+(<'*6;4<6L
#4(744*+(84+@48%&$4+'*>+(84+D*(4<*4(B
384+>46%<4>+:)>4+&'*+#4+64(+%*+(84+D*;)('%*:4*(+696(4:B
384+gH<%@'&9+64((%*=6h+;"*&(%)*+)*$9+'HH$%46+()+>'('+(<'*6;4<6+@%'+(84+GEF+7%(8+'*+%*(4=<'(4>
4WDa+&'<>B+-'('+(<'*6;4<+);+'+H'%<4>+:)#%$4+>4@%&4+7%(8+'+&4$$+H8)*4+%*(4<;'&4+&'*+*)(
*)(+#4+#$)&J4>
@%'+(84+gH<%@'&9+64((%*=6h+;"*&(%)*B
384+gH<%@'&9+64((%*=6h+;"*&(%)*+%6+*)(+'@'%$'#$4+%*+'$$+X)$J67'=4*+D*;)('%*:4*(+696(4:6B
W4<@%&46L+'*>+>'('+(<'*6;4<+;<):+(8464+64<@%&46L+78%&8+'<4+<4I"%<4>+#9+$'7+&'**)(+#4+("<*4>+);;+)<
>4'&(%@'(4>L+;)<+45':H$4+g4E'$$+1:4<=4*&9+W96(4:hB

/)(4+(8'(+4@4<9+@48%&$4+"64<+&'*+64(+"H+%*>%@%>"'$+64((%*=6+7%(8%*+(84+gH<%@'&9+64((%*=6h
;"*&(%)*B+38464+64((%*=6+:'9+#4+>%;;4<4*(+()+(8)64+>46%<4>+#9+(84+@48%&$4+)7*4<B

Q,2''*%1

3)+H4<:%(+)<+>%6'#$4+>'('+(<'*6:%66%)*6L+'&(%@'(4+)*4+);+(84+;)"<+;)$$)7%*=+:)>46+%*+(84+D*;)('%*,
:4*(+696(4:B

)2C$X()*<5>+>(=%58*91(
384+;)$$)7%*=+8'HH4*6+%*+(8%6+:)>4T
— .$$+C4+E)**4&(L+C4+E)**4&(+!$"6+'*>+C4+E)**4&(+R$44(+64<@%&46+'<4+>4'&(%@'(4>+'*>+>)+*)(
(<'*6:%(+'*9+>'('B
— .$$+(<'&J%*=+;"*&(%)*6+>)+*)(+;"*&(%)*+UM+!<%@'&9+64((%*=6L+b%:%(6Y696(4:+$%:%(6V B

— 384+4WDa+&'<>+%6+>4'&(%@'(4>B
— +.$$+@48%&$4+;"*&(%)*6+(8'(+<4I"%<4+'*+)*$%*4+&)**4&(%)*+@%'+(84+4WDa+&'<>+'<4+>4'&(%@'(4>+UM
!<%@'&9+64((%*=6L+b%:%(6Y696(4:+$%:%(6V B

— 384+%*;)<:'(%)*+'*>+>'('+6()<4>+%*+(84+&)*(<)$+:)>"$46L+6"&8+'6+4:4<=4*&9+*":#4<6L+&4<(%;%,
&'(46L+&'**)(+#4+"H>'(4>B+38%6+&'*+%:H'%<+;"*&(%)*6+'*>+64<@%&46+)<+:'J4+(84:+"*'@'%$'#$4B
— b4='$$9+<4I"%<4>+64<@%&46+&'**)(+#4+>4'&(%@'(4>+'*>+&)*(%*"4+(<'*6:%((%*=+>'('B

)2C$X(J2(=2'5.52#(C*.*(
384+;)$$)7%*=+8'HH4*6+%*+(8%6+:)>4T
— 384+@48%&$4d6+&"<<4*(+H)6%(%)*+%6+*)(+(<'*6:%((4>
*)(+(<'*6:%((4>B
— .$$+(<'&J%*=+;"*&(%)*6+>)+*)(+;"*&(%)*+UM+!<%@'&9+64((%*=6L+b%:%(6Y696(4:+$%:%(6V B

— 384+4WDa+&'<>+<4:'%*6+'&(%@'(4>B
— .$$+@48%&$4+;"*&(%)*6+(8'(+<4I"%<4+'*+)*$%*4+&)**4&(%)*+@%'+(84+4WDa+&'<>+'&(%@'(4>+UM+!<%@',
&9+64((%*=6L+b%:%(6Y696(4:+$%:%(6V B

)2C$X(W'$(>1(=2'5.52#(
384+;)$$)7%*=+8'HH4*6+%*+(8%6+:)>4T
— 384+@48%&$4d6+&"<<4*(+H)6%(%)*+%6+*)(+68'<4>+7%(8+)(84<+H4)H$4
*)(+68'<4>+7%(8+)(84<+H4)H$4B
— .$$+(<'&J%*=+64<@%&46+<4:'%*+'&(%@'(4>B
— G*$9+(84+H<%:'<9+"64<+&'*+'&&466+(84+@48%&$4d6+H)6%(%)*%*=+>'('+@%'+(84+C4+E)**4&(+74#+H)<,
('$+)<+(84+C4+E)**4&(+.HHB

— 384+4WDa+&'<>+<4:'%*6+'&(%@'(4>B
— .$$+@48%&$4+;"*&(%)*6+(8'(+<4I"%<4+'*+)*$%*4+&)**4&(%)*+@%'+(84+4WDa+&'<>+'&(%@'(4>B

)2C$X(F/*%$(>1(=2'5.52#(
384+;)$$)7%*=+8'HH4*6+%*+(8%6+:)>4T
— .$$+C4+E)**4&(L+C4+E)**4&(+!$"6+'*>+C4+E)**4&(+R$44(+64<@%&46+&'*+(<'*6:%(+'*>+<4&4%@4+>'('
7%(8)"(+$%:%('(%)*6B
— .$$+(<'&J%*=+64<@%&46+'<4+'&(%@'(4>B
— a'%*+H<%:'<9+'*>+64&)*>'<9+"64<6+&'*+'&&466+(84+@48%&$4d6+H)6%(%)*%*=+>'('+@%'+(84+C4+E)*,
*4&(+74#+H)<('$+)<+(84+C4+E)**4&(+.HHB

— 384+4WDa+&'<>+%6+'&(%@'(4>B
— .$$+@48%&$4+;"*&(%)*6+(8'(+<4I"%<4+'*+)*$%*4+&)**4&(%)*+@%'+(84+4WDa+&'<>+'&(%@'(4>B

F.*.+'(C5'=,*1
384+;)$$)7%*=+69:#)$6L+%*>%@%>"'$$9+)<+&)$$4&(%@4$9L+68)7+(84+&"<<4*(+6('("6+);+(84+g!<%@'&9+64(,
(%*=6h+;"*&(%)*B

W9:#)$6L+:4'*%*=

0<'9+=$)#4+U);;$%*4VT+/)+D*(4<*4(+&)**4&(%)*B

C8%(4+=$)#4+U)*$%*4VT+D*(4<*4(+&)**4&(%)*+'@'%$'#$4B

W9:#)$+;)<+(84+ga'5%:":+H<%@'&9h+:)>4B

W9:#)$+;)<+(84+g/)+$)&'(%)*h+:)>4B

W9:#)$+;)<+(84+gF64+$)&'(%)*h+:)>4B

W9:#)$+;)<+(84+gW8'<4+$)&'(%)*h+:)>4B

15':H$4+;)<+:'5%:":+H<%@'&9T+ B

;33$9.'(2#(2#,5#$(3+#9.52#'(*#C(.%*905#6('$%859$'

D;+>'('+(<'*6:%66%)*+%6+<46(<%&(4>L+(84*+;)<+45':H$4+(84+;)$$)7%*=+)*$%*4+@48%&$4+;"*&(%)*6+'*>
(<'&J%*=+64<@%&46+&'**)(+#4+454&"(4>B

!#,5#$(8$/59,$(3+#9.52#'
— E'<Qq+&)::"*%&'(%)*B

— a)#%$4+J49B

— 1:4<=4*&9+E'$$+W4<@%&4B

— G*$%*4+X)%&4+E)*(<)$B

— G*$%*4+a'H+FH>'(4B

— G*$%*4+6);(7'<4+"H>'(4B

— G*$%*4+3<';;%&+D*;)<:'(%)*B

— -<%@4<+H4<6)*'$%?'(%)*B

— C4+E)**4&(+<4=%6(<'(%)*+'*>+'&(%@'(%)*B

K%*905#6('$%859$'
— X48%&$4+H)6%(%)*%*=B
— .<4'+.$4<(B
— WH44>+.$4<(B
— G*$%*4+.*(%,384;(+.$'<:B
— !'<J%*=+!)6%(%)*B

/47+)*$%*4+@48%&$4+;"*&(%)*6+'*>+(<'&J%*=+64<@%&46+H<)@%>4>+;)<+(84+@48%&$4+%*+;"("<4+7%$$
#4+6"#A4&(+()+(84+6':4+<46(<%&(%)*6B

W'$%(>*#*6$>$#.

A$'9%5=.52#(23(+'$%(%2,$'

GH4*%*=+F64<+'>:%*%6(<'(%)*T+G*+(84+8):4H'=4+);+(84+D*;)('%*:4*(+696(4:L+('H+(84+P*/6
P*/6+)<
P*/61"37$($*&6"&$'(
P*/61"37$($*&6"&$'(+:'%*+:4*"B

O%5>*%1(+'$%( (2%(
384+gH<%:'<9+"64<h+<)$4+%6+%*(4*>4>+;)<+(84+<4=%6(4<4>+J44H4<+)<+(84+"64<+);+(84+@48%&$4+78)+%6+*)(
:4<4$9+'+(4:H)<'<9+"64<L+U4B=B+$46644+)<+&):H'*9+&'<+><%@4<VB+384+H<%:'<9+"64<+8'6+"*<46(<%&(4>
H4<:%66%)*6+'*>+&'*+'66%=*+'>>%(%)*'$+H4<:%66%)*6+()+)(84<+"64<6+);+(84+@48%&$4+#9+%*@%(%*=+(84:
'6+64&)*>'<9+"64<6B
C84*+'+*47+@48%&$4+H<%:'<9+"64<+%6+&)*;%<:4>L+(84+H<4@%)"6+H<%:'<9+"64<+'"():'(%&'$$9+$)646+(84
H<%:'<9+"64<+<)$4+'*>+H4<:%66%)*6B

F$92#C*%1(+'$%( (2%(
384+g64&)*>'<9+"64<h+<)$4+%6+%*(4*>4>+;)<+"64<6+78)+<4="$'<$9+"64+(84+@48%&$4B+384+64&)*>'<9
"64<6d+H)6%(%)*+>%;;4<6+;<):+(8'(+);+H<%:'<9+"64<6L+%*+(8'(+(849+:"6(+#4+%*@%(4>+#9+(84+@48%&$4d6+H<%,
:'<9+"64<B+384+H<%:'<9+"64<+:'9+>4$4(4+'+64&)*>'<9+"64<+'(+'*9+(%:4B

Q+$'.(+'$%'
384+g="46(+"64<h+<)$4+%6+%*(4*>4>+;)<+"64<6+78)+"64+(84+@48%&$4+)*$9+)&&'6%)*'$$9+)<+A"6(+)*&4B
0"46(+"64<6+&'*+$)=+%*+()+'*9+><%@'#$4+@48%&$4+7%(8)"(+H4<:%66%)*+);+(84+H<%:'<9+"64<B+.*9+@48%&$4
"64<+:'9+>4$4(4+'+="46(+"64<+;<):+(84+@48%&$4+'(+'*9+(%:4B+384+="46(+"64<+)*$9+8'6+$%:%(4>+'&&466
()+&4<('%*+:)#%$4+)*$%*4+64<@%&46B

:#2#1>2+'(6+$'.
384+g'*)*9:)"6+="46(h+"64<+<)$4+%6+*)(+'66%=*4>+()+)*4+H4<6)*B+384+'&&)"*(+%6+$)&'$+()+(84+@48%,
&$4+'*>+&'**)(+#4+69*&8<)*%?4>+7%(8+(84+64<@4<B+15'&($9+)*4+%*6('*&4+);+(8%6+H<);%$4+45%6(6+%*+@48%,
&$46+7%(8+)*$%*4+H4<6)*'$%?'(%)*+'*>+&'**)(+#4+>4$4(4>B
D;+(84+g'*)*9:)"6+="46(h+"64<+<)$4+%6+'&(%@'(4>L+'$$+@48%&$4+"64<6+78)+'<4+$)==4>+%*+'<4+(4:,
H)<'<%$9+$)==4>+)"(B
.*)*9:)"6+"64<6+'<4+H4<6)*6+78)+8'@4+'&&466+()+(84+@48%&$4+#"(+>)+*)(+$)=+%*B
E%$*.5#6(*#C(C$,$.5#6(+'$%(%2,$'

E%$*.5#6(*(=%5>*%1(+'$%
24=%6(4<+7%(8+C4+E)**4&(+'*>+'>>+9)"<+@48%&$4+()+9)"<+"64<+'&&)"*(B

E%$*.5#6(*('$92#C*%1(+'$%
/47+"64<6+&'*+$)=+%*+()+(84+@48%&$4+)<+<4=%6(4<+7%(8+(84%<+C4+E)**4&(+H<);%$4B+C84*+>)%*=+6)L+'
"64<+H<);%$4+%6+'"():'(%&'$$9+&<4'(4>+%*+(84+D*;)('%*:4*(+696(4:B
D;+'+"64<+8'6+*)(+#44*+%*@%(4>+()+#4+'+64&)*>'<9+"64<+#9+(84+H<%:'<9+"64<L+(84+"64<+H<);%$4+%6+'"(),
:'(%&'$$9+6'@4>+'6+'+="46(+"64<+%*+(84+D*;)('%*:4*(+696(4:B

A$,$.5#6(*(=%5>*%1(+'$%
D*+9)"<+H<%@'&9+64((%*=6L+'&(%@'(4+(84+gW8'<4+:9+H)6%(%)*h+)<+gG*$%*4+:)>4hB
E8))64+)*4+);+(84+;)$$)7%*=+(7)+)H(%)*6T
— 1%(84<+<464(+(84+D*;)('%*:4*(+696(4:+()+(84+;'&()<9+64((%*=6B
— G<+&)*;%<:+'+*47+H<%:'<9+"64<+%*+(84+@48%&$4B

D;+9)"+&8))64+'+>%;;4<4*(+H<%@'&9+64((%*=L+(84+H<%:'<9+"64<+&'*+<4:'%*+)*+(84+64<@4<B

F$.+=

3)+)H4*+64((%*=6+%*+(84+D*;)('%*:4*(+696(4:T
NPlT+ KGa1 + + F64<+'>:%*%6(<'(%)* B
_l+'*>+`BQlT+ a1/F + + F64<+'>:%*%6(<'(%)* B
384+;)$$)7%*=+64((%*=+)H(%)*6+:'9+#4+'@'%$'#$4T
— a4+U!<%:'<9+"64<VB
— G(84<6+UW4&)*>'<9+"64<6VB
— S49B
— a)#%$4+J49B
— W4((%*=6B

72,0'"*6$#(-$(E2##$9.

G#.%2C+9.52#
F$%859$(=2%.32,52

384+%*%(%'$+'$$)&'(%)*+);+64<@%&46+$%6(4>+84<4+&)<<46H)*>6+()+(84+@4<6%)*+>'(4>+a'<&8+QPN`+'*>
<4H<464*(6+(84+:'5%:":+6&)H4+H)66%#$4B+384+:'5%:":+6&)H4+H)66%#$4+%6+)*$9+'@'%$'#$4+%*+'+;47
@48%&$4+:)>4$6B+E8'*=46+:'9+#4+:'>4+()+(84+'$$)&'(%)*+68)7*+84<4+)@4<+(84+64<@%&4+$%;4+);+(84
@48%&$4B
.;(4<+'&(%@'(%*=+a'*'=4+64<@%&46+%*+(84+D*;)('%*:4*(+696(4:L+9)"+&'*+644+%;+'*9+'*>+78%&8+64<,
@%&46+'<4+'@'%$'#$4+;)<+9)"<+@48%&$4+UM+C4E)**4&(L+W4((%*=6V B
D*+6):4+&)"*(<%46+'*>+%*+(84+&'64+);+&)*(<'&(+45(4*6%)*6L+(84+);;4<4>+64<@%&46+:'9+#4+>%;;4<4*(
(8'*+68)7*+84<4B

n)"+&'*+644+78%&8+C4+E)**4&(L+C4+E)**4&(+!$"6+'*>+C4+E)**4&(+R$44(+64<@%&46+'<4+'&,
("'$$9+'@'%$'#$4+'(+(84+:):4*(+);+6%=*%*=+(84+&)*(<'&(+)<+784*+45(4*>%*=+%(+'(+777B&)*,
*4&(B@)$J67'=4*,74B&):B+38%6+'$6)+'HH$%46+;)<+'*9+%*>%@%>"'$+C4+E)**4&(+)H(%)*6B

-$(E2##$9.
-$(E2##$9.('$%859$'(*#C(3+#9.52#'(./*.(C2(#2.(%$[+5%$(*9.58*.52#
('$%859$'(*#C(3+#9.52#'(./*.(C2(#2.(%$[+5%$(*9.58*.52#
384+;)$$)7%*=+64<@%&46+;"*&(%)*+'$6)+7%(8)"(+'+C4+E)**4&(+'&(%@'(%)*T
— 1:4<=4*&9+E'$$+W4<@%&4B
— G*$%*4+H4<6)*'$%?'(%)*B
— D*,E'<,.HH6+%*+(84+D*,E'<,W8)HB

384+1:4<=4*&9+E'$$+W4<@%&4+%6+'@'%$'#$4+4@4*+%;+9)"+'<4+*)(+$)==4>+%*()+(84+D*;)('%*:4*(
696(4:B
!4<6)*'$%?'(%)*+'*>+(84+H"<&8'64+);+D*,E'<+'HH6+<4I"%<4+$)==%*=+%*()+(84+D*;)('%*:4*(+696(4:L
#"(+(84+@48%&$4+>)46+*)(+*44>+()+#4+'&(%@'(4>+7%(8+'+C4+E)**4&(+'&&)"*(B

-$(E2##$9.
-$(E2##$9.('$%859$'
('$%859$'
a'5%:":+6&)H4+H)66%#$4B+/)(+'@'%$'#$4+%*+'$$+@48%&$46+'*>+&)"*(<%46B
— 3<%H+>'('
— X48%&$4+6('("6
— X48%&$4+K4'$(8+24H)<(B
— D*;)<:'(%)*+&'$$B
— a)#%$4+J49B
— 1:4<=4*&9+E'$$+W4<@%&4B
— [<4'J>)7*+E'$$+7%(8+."():'(%&+E<'68+/)(%;%&'(%)*B
— !'<J%*=+!)6%(%)*B
— W4<@%&4+W&84>"$%*=B
— -))<6+'*>+b%=8(6B
— C%,RD+8)(6H)(
-$(E2##$9.(O,+'
-$(E2##$9.(O,+'('$%859$'
('$%859$'
a'5%:":+6&)H4+H)66%#$4B+/)(+'@'%$'#$4+%*+'$$+@48%&$46+'*>+&)"*(<%46B
— .$$+C4+E)**4&(+64<@%&46B
— !<)=<':+-4H'<("<4+3%:46B
— E8'<=%*=B
— E$%:'(4+&)*(<)$B
— .HH$4+a"6%&fB
— 3D-.bB
— .<4'+.$4<(B
— WH44>+.$4<(B
— K)<*+t+3"<*+W%=*'$6B
— E8'<=%*=+W('(%)*6B
— G*$%*4+.*(%,384;(+.$'<:B
— G*$%*4+a'H+FH>'(4B
— G*$%*4+2)"(4+E'$&"$'(%)*B
— G*$%*4+X)%&4+E)*(<)$B
— G*$%*4+."5%$%'<9+K4'(4<B
— G*$%*4+3<';;%&+D*;)<:'(%)*B
— !'<J%*=+WH'&46B
— 0'6+6('(%)*6B
— b)&J%*=+'*>+"*$)&J%*=B
— D*(4<*4(+<'>%)B

— 24:)(4+X4*(%$'(%)*+E)*(<)$B

-$(E2##$9.(?,$$.
-$(E2##$9.(?,$$.('$%859$'
('$%859$'
38464+64<@%&46+'<4+)*$9+'@'%$'#$4+;)<+&)::4<&%'$+&"6():4<6+'*>+;$44(+)H4<'()<6B
D*+'>>%(%)*+()+(84+C4+E)**4&(+64<@%&46T
— -%=%('$+b)=#))JB
— -%=%('$+24;"4$%*=+b)=B
— R$44(+-<%@%*=+1;;%&%4*&9B
— 0!W+3<'&J%*=+t+2)"(4+D*;)<:'(%)*B
— E)*6":H(%)*+.*'$9?4<B
— W4<@%&4+a'*'=4<B

G#C585C+*,(
G#C585C+*,(-$(E2##$9.
-$(E2##$9.(2=.52#'
(2=.52#'
— D*,E'<,.HH6B+38464+'HH6+&'*+#4+H"<&8'64>+'*>+%*6('$$4>+%*+(84+D*;)('%*:4*(+696(4:+@%'+(84+D*,
E'<+W8)HB
— -%=%('$+G7*4<d6+a'*"'$+U"64<+="%>4VB
— C4+15H4<%4*&4B
— C4+!'<JB
— .HH,E)**4&(B

— -'('+H$'*6B+E8'<=4'#$4+>'('+H$'*6+;)<+(84+"64+);+)*$%*4+;"*&(%)*6L+4B=B+Q+0[+H4<+:)*(8B
— .;(4<,6'$46+H"<&8'64+);+'+:)#%$4+J49B

-$(E2##$9.(*9.58*.52#P(FMOGJP(2#$M.5>$(=*''92C$(=%29$''

-$(E2##$9.
-$(E2##$9.(*9.58*.52#
(*9.58*.52#
384+;)$$)7%*=+6(4H6+'<4+<4I"%<4>+;)<+C4+E)**4&(+'&(%@'(%)*+U%*&$">%*=+<4=%6(<'(%)*VT

NB+ E<4'(4+'*+'&&)"*(+'(+777B&)**4&(B@)$J67'=4*,74B&):+)<+>%<4&($9+%*+(84+D*;)('%*:4*(+696,
(4:+%*+(84+P*/61"37$($*&6"&$'(
P*/61"37$($*&6"&$'(+:4*"B
QB+ G<>4<+'*>+'&(%@'(4+X)$J67'=4*+C4+E)**4&(B
OB+ .>>+(84+@48%&$4+()+9)"<+'&&)"*(B
ZB+ !<)@%>4+H<));+);+)7*4<68%HB
\B+ !<)@%>4+H<));+);+%>4*(%(9B+G*$9+*4&466'<9+()+"64+64&"<%(9,<4$'(4>+C4+E)**4&(+64<@%&46B

n)"+&'*+&'<<9+)"(+(84+'&(%@'(%)*+H<)&466+'(+777B&)**4&(B@)$J67'=4*,74B&):+)<+>%<4&($9+%*+(84
D*;)('%*:4*(+696(4:B+3)+&'<<9+)"(+(84+'&(%@'(%)*+H<)&466+@%'+(84+D*;)('%*:4*(+696(4:L+H<)&44>+'6
;)$$)76T
NPlT+ KGa1 + + F64<+'>:%*%6(<'(%)* + +X/2'7/1+6$7"6-18*/6
X/2'7/1+6$7"6-18*/6B
_l+'*>+`BQlT+ a1/F + + F64<+'>:%*%6(<'(%)* + +X/2'7/1+6$7"6-18*/6
X/2'7/1+6$7"6-18*/6B
R)$$)7+(84+'>>%(%)*'$+%*;)<:'(%)*+'*>+%*6(<"&(%)*6+%*+(84+D*;)('%*:4*(+696(4:B+-"<%*=+(84+'&(%@',
(%)*+H<)&466L+9)"+:'9+#4+<4I"46(4>+()+&<4'(4+'*+W,!D/+M+W,!D/ B
.&(%@'(%)*+)H(%)*

NPlL+`BQl+'*>+_l+D*;), 946
('%*:4*(+696(4:

_BQ\l+D*;)('%*:4*( *)(+H)66%#$4
696(4:

]B\l+D*;)('%*:4*( *)(+H)66%#$4
696(4:

C4+E)**4&(+74# 946
H)<('$

C4+E)**4&(+'HH 946

FMOGJ
384+W,!D/+%6+'+64I"4*&4+);+64@4<'$+*":#4<6+(8'(+9)"+&'*+;<44$9+64$4&(+'6+H'<(+);+C4+E)**4&(
<4=%6(<'(%)*B
C84*+&<4'(%*=+9)"<+W,!D/L+'@)%>+*":#4<6+(8'(+'<4+4'69+()+="466+'*>+7%>4$9+J*)7*+>'(46+);
#%<(8B+n)"+&'*+&8'*=4+9)"<+W,!D/+%*+9)"<+C4+E)**4&(+'&&)"*(+"*>4<+g.&&)"*(+64((%*=6hB
n)"<+W,!D/+%6+*44>4>+()+H<)(4&(+9)"<+"64<+H<);%$4+)<+"64+'+64&"<%(9,<4$'(4>+C4+E)**4&(+64<@%&4+%*
(84+@48%&$4L+;)<+45':H$4B
n)"+:"6(+J44H+9)"<+W,!D/+6(<%&($9+&)*;%>4*(%'$B+R)<+64&"<%(9+<4'6)*6L+9)"+68)"$>+&8'*=4+9)"<+W,
!D/+%::4>%'(4$9+%;+%(+#4&):46+>%6&$)64>+()+'+(8%<>+H'<(9B

!#$M.5>$(=*''92C$(>$./2C
D;L+;)<+45':H$4L+9)"+'<4+>)7*$)'>%*=+'+:)#%$4+J49+;<):+(84+C4+E)**4&(+74#+H)<('$+'*>+%*6('$$%*=
%(+;)<+(84+;%<6(+(%:4+)*()+(84+:'%*+"64<+(4$4H8)*4L+(84+)*4,(%:4+H'66&)>4+:4(8)>+:"6(+#4+"64>T
— W7%(&8+)*+(84+%=*%(%)*+'*>+%;+'HH$%&'#$4+(84+D*;)('%*:4*(+696(4:+%*+(84+@48%&$4B
— R)$$)7+(84+%*6(<"&(%)*6+%*+(84+C4+E)**4&(+'HH+'*>+%*+(84+D*;)('%*:4*(+696(4:B
— 1*(4<+(84+)*4,(%:4+H'66&)>4+;<):+(84+'HH+%*+(84+D*;)('%*:4*(+696(4:+'*>+&)*;%<:B+384+)*4,
(%:4+H'66&)>4+H<)&466+%6+&):H$4(4>B

D;+(84+)*4,(%:4+H'66&)>4+%*;)<:'(%)*+7%*>)7+%6+*)(+>%6H$'94>+'"():'(%&'$$9L+:'*"'$$9+<4I"46(+'
)*4,(%:4+H'66&)>4+"*>4<+ga)#%$4+J49h+)<+gF64<hB

O%223(23(2"#$%'/5=(*#C(5C$#.5.1

D$92>5#6(./$(=%5>*%1(+'$%(
D$92>5#6(./$(=%5>*%1(+'$%(H=%223(23(2"#$%'/5=I
H=%223(23(2"#$%'/5=I
U37),J49+:4(8)> VB
3)+#4&):4+(84+H<%:'<9+"64<+'*>+(84<4#9+H<)@%>4+H<));+);+)7*4<68%H+);+(84+@48%&$4L+9)"+<4I"%<4
#)(8+);+(84+:4&8'*%&'$+<4:)(4+&)*(<)$+@48%&$4+J496+'66)&%'(4>+7%(8+(84+@48%&$4B+!<));+);+)7*4<,
68%H+&'*+#4+H<)@%>4>+%*+(84+@48%&$4+>"<%*=+<4=%6(<'(%)*+)<+7%(8+'*+45%6(%*=+C4+E)**4&(+"64<+H<),
;%$4+%*+(84+D*;)('%*:4*(+696(4:+@%'+P*/61"37$($*&6"&$'(
P*/61"37$($*&6"&$'(B
— W7%(&8+)*+(84+%=*%(%)*+'*>+D*;)('%*:4*(+696(4:B
— D*+(84+D*;)('%*:4*(+696(4:L+<4=%6(4<+7%(8+C4+E)**4&(B
G2T
GH4*+a4*"+P*/61"37$($*&6"&$'(
P*/61"37$($*&6"&$'(+ + W4((%*=6 + +X/2'7/1+6$7"6-18*/6
X/2'7/1+6$7"6-18*/6+'*>+;)$$)7+(84
%*6(<"&(%)*6B
— !<466+(84+)H4*%*=+#"(()*+)*+(84+;%<6(+<4:)(4+&)*(<)$+@48%&$4+J49B
— !<466+(84+)H4*%*=+#"(()*+)*+(84+64&)*>+<4:)(4+&)*(<)$+@48%&$4+J49B

G*&4+(84+D*;)('%*:4*(+696(4:+8'6+H<)&4664>+(84+<4:)(4+&)*(<)$+&)::'*>6L+H<));+);+)7*4<68%H
%6+&):H$4(4B+n)"+&'*+&84&J+(84+&"<<4*(+6('("6+%*+(84+C4+E)**4&(+74#+H)<('$B

K)7+%6+H<));+);+)7*4<68%H+H<)@%>4>oyV

NPlL+`BQl+'*>+_l+D*;), 'V
('%*:4*(+696(4:

_BQ\l+D*;)('%*:4*( 'V
696(4:

]B\l+D*;)('%*:4*( #V
696(4:

C4+E)**4&(+74# *)(+H)66%#$4
H)<('$

C4+E)**4&(+'HH *)(+H)66%#$4
yV+!<));+);+)7*4<68%H+&'*+#4+H<)@%>4>+%*+(84+@48%&$4+%*+(7)+>%;;4<4*(+7'96T
'V+37),J49+:4(8)>B
#V+3<'*6;4<<%*=+(84+<4=%6(<'(%)*+&)>46+;<):+(84+C4+E)**4&(+74#+H)<('$+)<+(84+C4+E)**4&(+'HH
()+(84+D*;)('%*:4*(+696(4:B

O%223(23(5C$#.5.1(
O%223(23(5C$#.5.1(H72,0'"*6$#(GC$#.I
H72,0'"*6$#(GC$#.I
384+H<));+);+%>4*(%(9+H<)&466+:"6(+#4+&):H$4(4>+#4;)<4+64&"<%(9,<4$'(4>+C4+E)**4&(+64<@%&46
6"&8+'6+gb)&J+t+F*$)&Jh+&'*+#4+"64>B+!<));+);+%>4*(%(9+&'*+#4+H<)@%>4>+%*+(7)+>%;;4<4*(+7'96T
— D*+H4<6)*+'(+'+X)$J67'=4*+>4'$4<68%HB
— D*+'+@%>4)+&8'(B
C4+E)**4&(

.>>%(%)*'$+%*;)<:'(%)*+<4='<>%*=+X)$J67'=4*+D>4*(+%6+'@'%$'#$4+%*+(84+C4+E)**4&(+74#+H)<('$+"*,
>4<+777B&)**4&(B@)$J67'=4*,74B&):B
-"4+()+(84+>'('+45&8'*=4L+(84<4+:'9+#4+&)6(6+'66)&%'(4>+7%(8+(84+@%>4)+&8'(B+38464
&)6(6+>4H4*>+)*+(84+('<%;;6+'*>+&)*(<'&(6+(8'(+9)"+8'@4+7%(8+9)"<+(8%<>,H'<(9+H<)@%>4<6
UH8)*4+)<+:)#%$4+*4(7)<J+H<)@%>4<6VB

U$6*,(%$6+,*.52#'

C84*+"6%*=+(84+X)$J67'=4*+C4+E)**4&(+64<@%&46L+@48%&$4+%*;)<:'(%)*+%6+64*(+'*>+H<)&4664>+)*,
$%*4B+38%6+>'('+&'*+H<)@%>4+%*>%<4&(+%*;)<:'(%)*+'#)"(+(84+<46H4&(%@4+><%@4<L+6"&8+'6+@48%&$4+8'*,
>$%*=L+$)&'(%)*B+.6+(84+E)*(<'&()<+);+(84+C4+E)**4&(+&)*(<'&(+7%(8+X)$J67'=4*+.0L+9)"+:"6(
:'J4+6"<4+(8'(+%;+9)"<+@48%&$4+%6+"64>+#9+)(84<+><%@4<6+U4B=B+;':%$9+:4:#4<6+)<+;<%4*>6V+(8'(+(84%<
>'('+'*>+%*>%@%>"'$+<%=8(6+<4:'%*+H<)(4&(4>B+384<4;)<4+9)"+:"6(+%*;)<:+(84+><%@4<+%*+'>@'*&4
(8'(+(84+@48%&$4+(<'*6:%(6+'*>+<4&4%@46+>'('+)*$%*4+'*>+(8'(+9)"+&'*+@%47+(8%6+>'('B
-%6<4='<>%*=+(84+)#$%='(%)*+()+%*;)<:+@48%&$4+)&&"H'*(6+:'9+#4+'+@%)$'(%)*+);+(84%<+<%=8(6B

K%*905#6('$%859$'X(:'0(*,,(8$/59,$(299+=*#.'
3<'&J%*=+64<@%&46+<4I"%<4+=4)>'('+'*>+@48%&$4+>'('+%*+)<>4<+()+>4(4<:%*4+%;+(84+@48%&$4+%6+"64>
7%(8%*+(84+6H4&%;%4>+6H44>+$%:%(+(8<468)$>6L+784<4+(84+@48%&$4+%6+H'<J4>+'*>+%;+(84+@48%&$4+%6+"64>
%*+'+=4)=<'H8%&'$$9+>4;%*4>+'<4'B+38%6+%*;)<:'(%)*+%6+>%6H$'94>+%*+(84+X)$J67'=4*+C4+E)**4&(
74#+H)<('$+'*>+%*+(84+X)$J67'=4*+C4+E)**4&(+'HHB
384<4;)<4L+'6J+'$$+H'664*=4<6+#4;)<4+><%@%*=+%;+(849+'$$+'=<44+()+(84+'&(%@'(4>+64<@%&46B+D;+(8%6+%6+*)(
(84+&'64L+>4'&(%@'(4+(84+64<@%&46+U%;+H)66%#$4V+)<+>)+*)(+'$$)7+(84+@48%&$4+)&&"H'*(6+()+"64+(84
@48%&$4B

QOF(.%*905#6X(5#C59*.2%'
D;+(84+&"<<4*(+=4)H)6%(%)*+'*>+6H44>+);+(84+@48%&$4+'<4+(<'*6:%((4>+#9+'+;'&()<9+%*6('$$4>+&)*(<)$
:)>"$4L+(84*+(84+;)$$)7%*=+0!W+$'#4$+ +%6+'$7'96+$)&'(4>+%*+(84+@48%&$4L+4B=B+)*+(84+)@4<84'>
&)*6)$4B+D;+(84+ +$'#4$+%6+*)(+%*+(84+@48%&$4L+(8%6+>)46+*)(+="'<'*(44+(8'(+(84+&)*(<)$+:)>"$4+%6
*)(+(<'*6:%((%*=+(84+&"<<4*(+=4)=<'H8%&'$+H)6%(%)*+'*>+(84+@48%&$4+6H44>+#4%*=+><%@4*B

O$%'2#*,(C*.*
X)$J67'=4*+H<)(4&(6+9)"<+H4<6)*'$+>'('+'*>+"646+%(+)*$9+()+(84+45(4*(+H4<:%((4>+#9+$'7+'*>+(84
"646+;)<+78%&8+9)"+8'@4+H<)@%>4>+&)*64*(B+n)"+&'*+;%*>+:)<4+%*;)<:'(%)*+'#)"(+>'('+H<)&466%*=
%*+&)**4&(%)*+7%(8+(84+X)$J67'=4*+C4+E)**4&(+64<@%&46+%*+(84+H<%@'&9+H)$%&9B+384+&"<<4*(+@4<6%)*
&'*+#4+;)"*>+)*+(84+X)$J67'=4*+K):4H'=4B

O$%>*#$#.(.%*#'3$%(23(./$(8$/59,$
D;+(84+@48%&$4+8'6+#44*+H4<:'*4*($9+(<'*6;4<4>+()+9)"+U4B=B+"64>+&'<+H"<&8'64L+C4+E)**4&(+:'9
'$<4'>9+#4+'&(%@'(4>+'*>+(84+H<4@%)"6+"64<+:'9+#4+'#$4+()+@%47+>'('+'&I"%<4>+#9+C4+E)**4&(+'*>
&)*(<)$+&4<('%*+;"*&(%)*6+);+9)"<+@48%&$4B+R"<(84<:)<4L+:)#%$4+J496+:'9+#4+'&(%@4+;)<+9)"<+@48%&$4
UM+a)#%$4+J49L+-46&<%H(%)*V B
n)"+&'*+644+%*+(84+D*;)('%*:4*(+W96(4:+%;+9)"<+@48%&$4+%6+'66%=*4>+()+'+H4<6)*+'6+'+H<%:'<9+"64<B
D*+(8%6+&'64L+9)"+&'*+<4=%6(4<+9)"<64$;+'6+(84+H<%:'<9+"64<+);+(84+@48%&$4L+78%&8+'"():'(%&'$$9+<4,
:)@46+(84+H<4@%)"6+H<%:'<9+"64<B+.$(4<*'(%@4$9L+9)"+8'@4+(84+)H(%)*+%*+(84+D*;)('%*:4*(+696(4:
()+H4<:'*4*($9+>4$4(4+(84+H<4@%)"6+"64<+'6+(84+H<%:'<9+"64<B+n)"+&'*+'$6)+H"(+9)"<+@48%&$4+%*+);;,
$%*4,:)>4+U+UM+!<%@'&9+64((%*=6L+-46&<%H(%)*V V+()+$%:%(+@48%&$4+&)::"*%&'(%)*+7%(8+(84+X)$J67',
=4*+.0+>'('+64<@4<+'6+74$$+'6+(84+H<)&466%*=+);+@48%&$4+'*>+H4<6)*'$+>'('B

A$*9.58*.5#6(-$(E2##$9.('$%859$'

384+;)$$)7%*=+;"*&(%)*6+'<4+'@'%$'#$4+%*+(84+D*;)('%*:4*(+696(4:+;)<+>4'&(%@'(%*=+'*>+'&(%@'(%*=
(84+C4+E)**4&(+64<@%&46T
— E4*(<'$+>4'&(%@'(%)*+)<+'&(%@'(%)*+UM+!<%@'&9+64((%*=6L+-46&<%H(%)*V B
— D*>%@%>"'$+>4'&(%@'(%)*+)<+'&(%@'(%)*+UM+C4E)**4&(L+W4((%*=6V B

D(+%6+)*$9+H)66%#$4+()+"64+(8464+64<@%&46+'='%*+)*&4+(849+'<4+<4'&(%@'(4>+%*+(84+D*;)('%*:4*(
696(4:B

W4<@%&46L+'*>+>'('+(<'*6;4<+;<):+(8464+64<@%&46L+78%&8+'<4+<4I"%<4>+#9+$'7+&'**)(+#4
("<*4>+);;+)<+>4'&(%@'(4>L+;)<+45':H$4+g4E'$$+1:4<=4*&9+W96(4:hB

F5.+*.52#'(./*.(9*#(*33$9.('1'.$>(3+#9.52#'

1@4*+%;+<4I"%<4:4*(6+;)<+(84+"6'=4+);+(8464+64<@%&46+8'@4+#44*+:4(L+(84+H4<;)<:'*&4+);+X)$J,
67'=4*+C4+E)**4&(+64<@%&46+:'9+#4+%:H'%<4>+)<+#$)&J4>+#9+@'<%)"6+;'&()<6+(8'(+'<4+)"(6%>4+);
(84+&)*(<)$+);+X)$J67'=4*+.0B+D*+H'<(%&"$'<L+(8%6+%*&$">46T
— a'%*(4*'*&4L+<4H'%<6L+>4'&(%@'(%)*6L+6);(7'<4+"H>'(46L+'*>+(4&8*%&'$+%:H<)@4:4*(6+()+(84
(4$4&)::"*%&'(%)*6+696(4:6L+6'(4$$%(46L+64<@4<6L+'*>+>'('#'646
— W7%(&8%*=+(84+:)#%$4+*4(7)<J+6('*>'<>+()+(<'*6:%(+:)#%$4+>'('+(8<)"=8+(84+(4$4&)::"*%&',
(%)*6+H<)@%>4<L+;)<+45':H$4L+;<):+b31+)<+Fa3W+()+1-01+)<+0!2WB
— D;+'*+45%6(%*=+:)#%$4+*4(7)<J+6('*>'<>+%6+67%(&84>+);;+#9+(84+(4$4&)::"*%&'(%)*6+H<)@%>4<B
— a'$;"*&(%)*L+%:H'%<:4*(L+)<+%*(4<<"H(%)*+);+(84+:)#%$4+*4(7)<J+'*>+0!W+<4&4H(%)*L+;)<+45':,
H$4+>"4+()+8%=8+6H44>6L+6)$'<+6()<:6L+74'(84<+&)*>%(%)*6L+<4=%)*'$+&%<&":6('*&46L+:'$;"*&(%)*,
%*=+4I"%H:4*(L+'*>+8%=8+:)#%$4+*4(7)<J+"6'=4+%*+(84+'HH$%&'#$4+<'>%)+&4$$6B
— D;+9)"+'<4+%*+'+$)&'(%)*+7%(8+*)+:)#%$4+H8)*4+'*>+0!W+<4&4H(%)*L+)<+%*6";;%&%4*(+<4&4H(%)*B
38464+$)&'(%)*6+:'9+%*&$">4+("**4$6L+'<4'6+#4(744*+('$$+#"%$>%*=6L+='<'=46L+H'<J%*=+6(<"&("<46L
"*>4<H'6646L+:)"*('%*6L+'*>+@'$$496B
— b%:%(4>+'@'%$'#%$%(9+);+%*;)<:'(%)*+)<+%*&):H$4(4+)<+%*&)<<4&(+%*;)<:'(%)*+;<):+(8%<>,H'<(9
H<)@%>4<6L+6"&8+'6+)*+:'H+>%6H$'96B
— D*+&)"*(<%46+'*>+<4=%)*6+784<4+X)$J67'=4*+C4+E)**4&(+%6+*)(+);;4<4>B
)*#*6$('$%859$'

3)+)H4*+a'*'=4+64<@%&46T+A-*&/7
A-*&/7+ +A/6#$2/
A/6#$2/B
384+;)$$)7%*=+;"*&(%)*6+'<4+'@'%$'#$4+7%(8+(84+a'*'=4+64<@%&46+())$+%*+(84+D*;)('%*:4*(+696(4:T
— e"4<9%*=+78%&8+C4+E)**4&(+64<@%&46+'<4+&"<<4*($9+'@'%$'#$4+%*+(84+@48%&$4B
— X%47%*=+(84+*":#4<+);+'&(%@'(4>+'*>+>4'&(%@'(4>+C4+E)**4&(+64<@%&46B
— .&(%@'(%*=+)<+>4'&(%@'(%*=+%*>%@%>"'$+C4+E)**4&(+64<@%&46B

R)<+;"<(84<+%*;)<:'(%)*L+@%6%(T+777B&)**4&(B@)$J67'=4*,74B&):B

D;+9)"+%*>%@%>"'$$9+>4'&(%@'(4+'$$+C4+E)**4&(+64<@%&46L+(84+)*$%*4+&)**4&(%@%(9+"*%(+&'*
&)*(%*"4+()+(<'*6;4<+>'('B

F$.+=
C4+E)**4&(+64<@%&46+&'*+#4+'&(%@'(4>+)<+>4'&(%@'(4>+%*>%@%>"'$$9B+3)+>)+6)L+)H4*+(84+><)H,>)7*
:4*"+;)<+(84+64<@%&4+'*>+64$4&(+(84+>46%<4>+)H(%)*B
D;+>'('+(<'*6;4<+%6+<46(<%&(4>+>"4+()+(84+g!<%@'&9+64((%*=6h+;"*&(%)*L+'&(%@'(%)*+)<+>4'&(%@'(%)*+);
%*>%@%>"'$+64<@%&46+%6+*)(+H)66%#$4B

R"*&(%)*+S49T+1;;4&(

a'*'=4+64<@%&46

)$*+,"-1*/6#$2/*

B,,
B,,T+G@4<@%47+);+(84+64<@%&46+'@'%$'#$4+%*+(84+@48%&$4B

B2&$#"&/
B2&$#"&/T+.&(%@'(46+)*4+)<+:)<4+64<@%&46B

)/"2&$#"&/
)/"2&$#"&/T+-4'&(%@'(46+)*4+)<+:)<4+64<@%&46B

W4((%*=+)H(%)*6+:'9+*)(+#4+'@'%$'#$4+>4H4*>%*=+)*+(84+:'<J4(+'*>+@48%&$4+:)>4$B

-5M?G(/2.'=2.

G#.%2C+9.52#

W):4+D*;)('%*:4*(+696(4:6+&'*+#4+"64>+'6+'+C%,R%+8)(6H)(+;)<+D*(4<*4(+'&&466+)*+"H+()+4%=8(
C%,R%+>4@%&46B
W):4+D*;)('%*:4*(+696(4:6+&'*+'$6)+"64+(84+C%,R%+8)(6H)(+)*+'*+45(4<*'$+C%,R%+>4@%&4+UC%,R%
&$%4*(V+UM+C%,R%L+F64V B
.+>'('+&)**4&(%)*+%6+<4I"%<4>+;)<+&)**4&(%*=+()+(84+D*(4<*4(+'*>+;)<+&4<('%*+;"*&(%)*6L+6"&8+'6+"6,
%*=+X)$J67'=4*+C4+E)**4&(B
384+C%,R%+&)**4&(%)*+%6+4*&<9H(4>+#9+>4;'"$(+7%(8+C!.Q+4*&<9H(%)*+;)<+64&"<%(9+<4'6)*6B
X)$J67'=4*+<4&)::4*>6+'$7'96+"6%*=+C!.Q+4*&<9H(%)*B+G#64<@4+$4='$+<4="$'(%)*6+;)<
(84+&)"*(<9+784<4+9)"+'<4+)H4<'(%*=+(84+@48%&$4B

384<4+:'9+#4+;446+;)<+(84+<4I"%<4>+>'('+&)**4&(%)*B+X)$J67'=4*+<4&)::4*>6+"6%*=+'
:)#%$4+H8)*4+H$'*+7%(8+'+;$'(+<'(4+>'('+H'&J'=4+>"4+()+(84+H)66%#$4+@)$":4+);+>'('B+D*,
;)<:'(%)*+)*+(8%6+&'*+#4+)#('%*4>+;<):+(84+:)#%$4+H8)*4+64<@%&4+H<)@%>4<B

-4H4*>%*=+)*+9)"<+:)#%$4+>'('+<'(4L+'>>%(%)*'$+&)6(6+U6"&8+'6+<)':%*=+;446V+:'9+<46"$(
;<):+>)7*$)'>%*=+'*>+"6%*=+>'('+H'&J4(6+)*$%*4L+46H4&%'$$9+%*+)(84<+&)"*(<%46B

;'.*4,5'/5#6(*(C*.*(92##$9.52#

$FG)(
$FG)(H$>4$CC$C(FG)I
H$>4$CC$C(FG)I
384+@48%&$4+8'6+'*+)*$%*4+&)**4&(%@%(9+"*%(+7%(8+'*+4:#4>>4>+WDa+&'<>+U4WDaVB+D*+)<>4<+()+#4+'#$4
()+"64+(8%6+4WDaL+9)"+*44>+()+H"<&8'64+>'('+H$'*6+;)<+"64+@%'+(84+D*,E'<+W8)HB

;<.$%#*,(-5M?5(C$859$
F64+(84+C%,R%+8)(6H)(+)*+'*+45(4<*'$+:)#%$4+>4@%&4+UM+C%,R%L+F64V B

F$..5#6(+=(*(-5M?5(/2.'=2.

384+D*;)('%*:4*(+696(4:+&'*+#4+"64>+'6+'+C%,R%+8)(6H)(+;)<+D*(4<*4(+'&&466+)*+"H+()+4%=8(+C%,R%
>4@%&46B
.+>'('+&)**4&(%)*L+;)<+45':H$4+#9+:4'*6+);+'*+%*(4<*'$+4WDa+&'<>+)<+'*+45(4<*'$+C%,R%+>4@%&4L+%6
'$6)+<4I"%<4>+;)<+&)**4&(%*=+()+(84+D*(4<*4(+'*>+;)<+&4<('%*+;"*&(%)*6L+6"&8+'6+"6%*=+X)$J67'=4*
C4E)**4&(B+384+(9H46+);+>'('+&)**4&(%)*+H)66%#$4+>4H4*>+)*+(84+&)"*(<9+'*>+)*+(84+D*;)('%*,
:4*(+696(4:+%*+"64B

E2##$9.5#6(.2(-5M?5
+3'H+ KGa1 + + + + C%,R% + + D*;)('%*:4*(+696(4:+'6+8)(6H)( B
.&(%@'(4+(84+ +F64+'6+8)(6H)( +&84&J#)5B
W4'<&8+;)<+(84+Cb./+8)(6H)(d6+*':4+)*+(84+Cb./+>4@%&4B
1*(4<+(84+*4(7)<J+J49+(8'(+%6+>%6H$'94>+)*+(84+C%,R%+>4@%&4+'*>+&)*;%<:+%(B
384+C%,R%+&)**4&(%)*+7%$$+#4+46('#$%684>B+D*+6):4+&'646L+9)"+:'9+*44>+()+4*(4<+'>>%(%)*'$+%*,
;)<:'(%)*+)*+(84+C%,R%+>4@%&4+%*+)<>4<+()+;%*%68+&)**4&(%*=B
24H4'(+(84+H<)&466+()+&)**4&(+'>>%(%)*'$+C%,R%+>4@%&46B

384+8)(6H)(+*':4+'*>+*4(7)<J+J49+'<4+'"():'(%&'$$9+=4*4<'(4>B+n)"+&'*+&8'*=4+(8464
'*>+64(+9)"<+)7*+8)(6H)(+*':4+'*>+*4(7)<J+J49B
c+590(92##$9.52#

e"%&J+&)**4&(%)*+:'J46+%(+H)66%#$4+()+4'6%$9+'*>+I"%&J$9+64(+"H+'+7%<4$466+$)&'$+*4(7)<J+7%(8+4*,
&<9H(%)*B+D*+64@4<'$+&)"*(<%46L+(84+;"*&(%)*+&'*+'$(4<*'(%@4$9+#4+454&"(4>+#9+6&'**%*=+%*+'+&)>4B

-OF("5./(./$(G#32.*5#>$#.('1'.$>(*'(*(-5M?5(/2.'=2.
✓ 384+C%,R%+8)(6H)(+);+(84+D*;)('%*:4*(+696(4:+:"6(+#4+'&(%@'(4>B
✓ 384+C%,R%+>4@%&4+:"6(+6"HH)<(+C!WB

NB+ 3'H+ KGa1 + + + + C%,R% B


QB+ 3'H+ e"%&J+&)**4&(%)*+7%(8+D*;)('%*:4*(+696(4: B
OB+ .&(%@'(4+C!W+)*+(84+45(4<*'$+C%,R%+>4@%&4+()+#4+&)**4&(4>B
ZB+ 384+C%,R%+&)**4&(%)*+7%$$+#4+46('#$%684>B+D*+6):4+&'646L+9)"+:'9+*44>+()+4*(4<+'>>%(%)*'$
%*;)<:'(%)*+)*+(84+C%,R%+>4@%&4+%*+)<>4<+()+;%*%68+&)**4&(%*=B
\B+ 24H4'(+(84+H<)&466+()+&)**4&(+'>>%(%)*'$+C%,R%+>4@%&46B

G*$9+)*4+C!W+&)**4&(%)*+&'*+#4+46('#$%684>+'(+'+(%:4B+D;+:"$(%H$4+&)**4&(%)*+'((4:H(6+6('<(+'(
(84+6':4+(%:4L+'$$+&)**4&(%)*+'((4:H(6+7%$$+;'%$B

-OF("5./(G#32.*5#>$#.('1'.$>(*'(9,5$#.
✓ 384+C%,R%+>4@%&4+:"6(+6"HH)<(+C!WB

NB+ 3'H+ KGa1 + + + + C%,R% + + C%,R%T B


QB+ 3'H+ C!W+I"%&J+&)**4&(%)*+UC!W+#"(()*V B
OB+ .&(%@'(4+C!W+)*+(84+45(4<*'$+C%,R%+>4@%&4B
ZB+ 384+C%,R%+&)**4&(%)*+7%$$+#4+46('#$%684>B+D*+6):4+&'646L+9)"+:'9+*44>+()+4*(4<+'>>%(%)*'$
%*;)<:'(%)*+)*+(84+C%,R%+>4@%&4+%*+)<>4<+()+;%*%68+&)**4&(%*=B

C!W+%6+*)(+6"HH)<(4>+#9+'$$+C%,R%+>4@%&46B+D*+(8%6+&'64L+&)**4&(+:'*"'$$9T
v W4((%*=+"H+(84+D*;)('%*:4*(+696(4:+'6+'+C%,R%+8)(6H)(+UM+C%,R%L+-46&<%H(%)*V B
v E)**4&(%*=+(84+D*;)('%*:4*(+696(4:+'6+&$%4*(+()+(84+8)(6H)(+);+'*+45(4<*'$+C%,R%+>4@%&4+UM
C%,R%L+F64V B

F$..5#6(+=(*(-5M?5(92##$9.52#(85*(J?E
384+C%,R%+&)**4&(%)*+&'*+#4+46('#$%684>+@%'+/RE+"6%*=+(84+684$;+);+(84+&)<>$466+&8'<=%*=+6('(%)*
UM+24I"%<4:4*(6L+!8)*4+%*(4<;'&4V B
!<4<4I"%6%(46+;)<+"6%*=+/RE+&)**4&(%)*6T
✓ 384+&)<>$466+&8'<=%*=+6('(%)*+684$;+%6+#"%$(+%*()+(84+@48%&$4B

✓ /RE+%6+'&(%@'(4>+)*+(84+C%,R%+>4@%&4B
✓ 384+C%,R%+8)(6H)(+);+(84+D*;)('%*:4*(+696(4:+%6+'&(%@'(4>B

NB+ 3'H+ KGa1 + + + + C%,R% B


QB+ 3'H+ e"%&J+&)**4&(%)*+7%(8+D*;)('%*:4*(+696(4: B
OB+ F*$)&J+(84+C%,R%+>4@%&4+'*>+H$'&4+%(+)*+(84+684$;+);+(84+&)<>$466+&8'<=%*=+6('(%)*+UM+24I"%<4,
:4*(6L+!8)*4+%*(4<;'&4V B

384+C%,R%+>4@%&4+%6+&)**4&(4>+'6+&$%4*(+()+(84+C%,R%+8)(6H)(+);+(84+D*;)('%*:4*(+696(4:B

384+&)<>$466+&8'<=%*=+;"*&(%)*+%6+>4'&(%@'(4>+78%$4+(84+D*;)('%*:4*(+696(4:+%6+%*+(84
C%,R%+64((%*=6+:4*"B+E)<>$466+&8'<=%*=+%6+<4'&(%@'(4>+784*+9)"+45%(+(84+64((%*=6+:4*"B

G*+)$>4<+C%,R%+>4@%&46L+(84+;"*&(%)*'$%(9+:'9+#4+<46(<%&(4>+)<+*)(+7)<J+'(+'$$B+1*6"<4+(8'(
9)"+'$7'96+"64+(84+$'(46(+6);(7'<4+@4<6%)*+;)<+9)"<+Cb./+>4@%&4B

F$..5#6(+=(*(-5M?5(92##$9.52#(85*(c@(92C$
384+C%,R%+&)**4&(%)*+&'*+'$6)+#4+46('#$%684>+#9+6&'**%*=+'+e2+&)>4B
✓ 384+C%,R%+8)(6H)(+);+(84+D*;)('%*:4*(+696(4:+:"6(+#4+'&(%@'(4>B
✓ .+6"%('#$4+'HH$%&'(%)*+;)<+6&'**%*=+e2+&)>46+:"6(+#4+%*6('$$4>+)*+(84+C%,R%+>4@%&4B

NB+ 3'H+ KGa1 + + + + C%,R% B


QB+ 3'H+ e"%&J+&)**4&(%)*+7%(8+D*;)('%*:4*(+696(4: B

OB+ W&'*+(84+e2+&)>4+)*+(84+6&<44*+);+(84+D*;)('%*:4*(+696(4:+7%(8+(84+C%,R%+>4@%&4B

384+C%,R%+>4@%&4+%6+&)**4&(4>+'6+&$%4*(+()+(84+C%,R%+8)(6H)(+);+(84+D*;)('%*:4*(+696(4:B

F$..5#6(+=(*(-5M?5(9,5$#.

384+D*;)('%*:4*(+696(4:+&'*+'$6)+"64+(84+C%,R%+8)(6H)(+)*+'*+45(4<*'$+C%,R%+>4@%&4+U6"&8+'6+'
:)#%$4+>4@%&4V+()+&)**4&(+()+(84+D*(4<*4(+'*>+"64+)*$%*4+64<@%&46B

E2##$9.5#6(.2(-5M?5

NB+ .&(%@'(4+(84+C%,R%+8)(6H)(+)*+(84+C%,R%+>4@%&4B+24;4<+()+(84+:'*";'&("<4<c6+%*6(<"&(%)*6B
QB+ 3'H+ KGa1 + + + + C%,R% + + C%,R%T B
OB+ 3'H+ W4'<&8+;)<+C%,R% B
384+D*;)('%*:4*(+696(4:+6&'*6+;)<+C%,R%+8)(6H)(6+%*+(84+'<4'B+38%6+6&'*+H<)&466+&'*+('J4+'
;47+64&)*>6B
ZB+ W4$4&(%*=+(84+C%,R%+*4(7)<J+);+(84+>46%<4>+C%,R%+>4@%&4B
\B+ 1*(4<+(84+C%,R%+8)(6H)(+*4(7)<J+J49+)*+(84+D*;)('%*:4*(+696(4:+'*>+&)*;%<:+7%(8+ GS B

384+C%,R%+&)**4&(%)*+7%$$+#4+46('#$%684>B+D*+6):4+&'646L+9)"+:'9+*44>+()+4*(4<+'>>%(%)*'$+%*;)<,
:'(%)*+)*+(84+C%,R%+>4@%&4+%*+)<>4<+()+;%*%68+&)**4&(%*=B
-"4+()+(84+$'<=4+*":#4<+);+C%,R%+>4@%&46+(8'(+'<4+'@'%$'#$4L+(84<4+%6+*)+="'<'*(44+(8'(+'$$
;"*&(%)*6+7%$$+'$7'96+#4+'@'%$'#$4B

384+C%,R%+;"*&(%)*+:'9+*)(+#4+'@'%$'#$4+%*+'$$+&)"*(<%46B

:CN+'.5#6('$..5#6'

!=$#5#6(./$(
!=$#5#6(./$(!/&C'6I1*/&&$(%*
!/&C'6I1*/&&$(%*(>$#+
(>$#+
— 3'H+ a1/F + + W133D/0W+ +()+)H4*+(84+A-*&/71*/&&$(%*
A-*&/71*/&&$(%*+:4*"B
G2T
G2T+('H+ W4((%*=6+ +%*+(84+."6=!/&
."6=!/&+:4*"+()+'&&466+."6=!/&1
."6=!/&1Y'(,$(/1*/6#$2/*Z
Y'(,$(/1*/6#$2/*Z1*/&&$(%*
1*/&&$(%*B
— 3'H+ /4(7)<J +()+'&&466+(84+!/&C'6I1*/&&$(%*
!/&C'6I1*/&&$(%*+:4*"B
— 3'H+(84+;"*&(%)*+J49+;)<+(84+'<4'+784<4+(84+64((%*=6+68)"$>+#4+&)*;%="<4>B+E8'*=46+7%$$+#4+'",
():'(%&'$$9+'HH$%4>+784*+(84+:4*"+%6+&$)64>B

/)(4T
/)(4T+384+!/&C'6I1*/&&$(%*
!/&C'6I1*/&&$(%*+:4*"+%6+)*$9+@%6%#$4+784*+(84<4+%6+'+WDa+&'<>+%*+(84+D*;)('%*:4*(
696(4:L+'+[$"4())(8f+<W.!+&)**4&(%)*L+)<+784*+'+6"%('#$4+E'<W(%&J+%6+&)**4&(4>+()+(84+D*;)('%*,
:4*(+696(4:B

?+#9.52#(0$1'(5#(./$(
?+#9.52#(0$1'(5#(./$(!/&C'6I1*/&&$(%*
!/&C'6I1*/&&$(%*(>$#+
(>$#+
/4(7)<J+64((%*=6
384+6"#:4*"+)H4*6+;)<+&)**4&(%)*+64((%*=6+7%(8+(84+&4$$+H8)*4+64<@%&4+H<)@%>4<+UO'>$,/
O'>$,/
(/&C'6I1*/&&$(%*
(/&C'6I1*/&&$(%*V+;<):+78):+(84+WDa+&'<>+7'6+H"<&8'64>B
+-'('+<)':%*= T
-'('+<)':%*=+%6+>4'&(%@'(4>B+3)+"64+'+>'('+&)**4&(%)*+78%$4+)"(+);+(84+&)"*(<9L+>'('+<)':,
%*=+:"6(+#4+'&(%@'(4>B+38%6+:'9+<46"$(+%*+'>>%(%)*'$+&8'<=46B+R)<+%*;)<:'(%)*+)*+<)':%*=
;446L+&)*('&(+(84+:)#%$4+H8)*4+64<@%&4+H<)@%>4<B
E"<<4*(+&)**4&(%)*+>4('%$6 T
-%6H$'9+);+(84+>'('+H'&J'=46+64*(+'*>+<4&4%@4>+#9+(84+D*;)('%*:4*(+696(4:B+38%6+>%6H$'9
:'9+>%;;4<+;<):+(84+:)#%$4+H8)*4+*4(7)<J+H<)@%>4<+>'('B
246()<4+;'&()<9+64((%*=6 T
246()<%*=+(84+;'&()<9+64((%*=6+>4$4(46
>4$4(46+'$$+H<4@%)"6+%*H"(6+'*>+64((%*=6B
D*(4<*4(+&)**4&(%)* T
GH4*6+'+&)*(45(+:4*"+7%(8+(84+)H(%)*6+ -)+*)(+'$$)7 +U>'('+&)**4&(%)*+7%$$+*)(+#4+46('#,
$%684>VL+ W8)7+>%6&$'%:4< +U>'('+&)**4&(%)*+7%$$+)*$9+#4+46('#$%684>+';(4<+(84+H<):H(+%6+&)*,
;%<:4>V+'*>+ .$7'96+'$$)7 +U>'('+&)**4&(%)*+7%$$+#4+46('#$%684>+'"():'(%&'$$9VB

?+#9.52#(0$1'(5#(./$(
?+#9.52#(0$1'(5#(./$(O'>$,/1(/&C'6I1*/&&$(%*
O'>$,/1(/&C'6I1*/&&$(%*(>$#+
(>$#+
.&&466+H)%*(+*':4 T
.&&466+H)%*(+*':4+;)<+(84+:)#%$4+*4(7)<J+H<)@%>4<+;)<+(84+:)#%$4+*4(7)<J+&)**4&(%)*B+384
*':4+%6+'"():'(%&'$$9+H<464(+'*>L+%;+*4&466'<9L+&'*+#4+:'*"'$$9+&8'*=4>+'&&)<>%*=+()+(84
<46H4&(%@4+&4$$+H8)*4+64<@%&4+H<)@%>4<+6H4&%;%&'(%)*6B
F64<+*':4 T
F64<+*':4+784*+'&&466%*=+(84+&4$$+H8)*4+64<@%&4+H<)@%>4<+'&&466+H)%*(B+384+"64<+*':4+%6
'"():'(%&'$$9+H<464(+'*>L+%;+*4&466'<9L+&'*+#4+:'*"'$$9+&8'*=4>+'&&)<>%*=+()+(84+<46H4&,
(%@4+&4$$+H8)*4+64<@%&4+H<)@%>4<+6H4&%;%&'(%)*6B
!'667)<> T
!'667)<>+()+&)**4&(+()+(84+:)#%$4+*4(7)<JB+384+H'667)<>+%6+'"():'(%&'$$9+H<464(+'*>L+%;
*4&466'<9L+&'*+#4+:'*"'$$9+&8'*=4>+'&&)<>%*=+()+(84+<46H4&(%@4+&4$$+H8)*4+64<@%&4+H<)@%>4<
6H4&%;%&'(%)*6B
."(84*(%&'(%)* T
-4H4*>%*=+)*+(84+:)#%$4+*4(7)<J+H<)@%>4<L+'"(84*(%&'(%)*+U@4<%;%&'(%)*+);+%>4*(%(9V+:'9+#4
*4&466'<9B+D;+(8%6+%6+(84+&'64L+64$4&(+A/286/
A/286/B+D;+*)(L+64$4&(+!'67",
!'67",B
2464(+'"():'(%&+&)**4&(%)*+64((%*=6 T
.*9+4*(<%46+'*>+64((%*=6+(8'(+8'@4+#44*+:'>4+'<4+<464(+()+(84+>4;'"$(+64((%*=6B

:==ME2##$9.

G#.%2C+9.52#

.HH,E)**4&(+:'J46+%(+H)66%#$4+()+>%6H$'9+'*>+&)*(<)$+&)*(4*(+'*>+;"*&(%)*6+;<):+(84+:)#%$4+>4,
@%&4+(8<)"=8+(84+D*;)('%*:4*(+696(4:+6&<44*B
R)<+(8%6L+(84+:)#%$4+>4@%&4+:"6(+#4+&)**4&(4>+()+(84+D*;)('%*:4*(+696(4:+@%'+'+FW[+%*(4<;'&4
7%(8+'+;%$4+(<'*6;4<+;"*&(%)*B
W):4+(4&8*)$)=%46+&'*+'$6)+#4+"64>+7%(8+(84+C%<4$466+.HH,E)**4&(+@%'+(84+[$"4())(8+%*(4<;'&4
'*>+'+C%,R%+&)**4&(%)*B

K/$(32,,2"5#6(.$9/#2,265$'(>*1(4$(*8*5,*4,$X
— .HH$4+E'<!$'9zB
— .HH$4+E'<!$'9z+C%<4$466B
— .*><)%>+."()zB
— a%<<)<b%*Jf
B

C8%&8+.HH,E)**4&(+(4&8*)$)=%46+'<4+'@'%$'#$4+()+9)"+>4H4*>6+)*+(84+&)"*(<9+'*>+)*+(84+:)#%$4
>4@%&4+%*+"64B
n)"+&'*+;%*>+:)<4+%*;)<:'(%)*+)*+(84+X)$J67'=4*+8):4H'=4B
GH4*%*=+(84+B++=.'((/2&
B++=.'((/2&+:'%*+:4*"

/'@%='(%)*+()+(84+B++=.'((/2&
B++=.'((/2&+:'%*+:4*"+>4H4*>6+)*+(84+D*;)('%*:4*(+696(4:+#4%*=+"64>B
+ KGa1 + + B
G2T+!<466
G2T+!<466+ .!! B

F$..5#6M+=(
F$..5#6M+=(-5%$,$''(:==ME2##$9.
-5%$,$''(:==ME2##$9.
D*+)<>4<+()+"64+C%<4$466+.HH,E)**4&(L+;%<6(+H'%<+(84+:)#%$4+>4@%&4+7%(8+(84+D*;)('%*:4*(+696(4:B
384*+H<)&44>+'6+;)$$)76T
E)**4&(%*=+(84+:)#%$4+>4@%&4+;)<+(84+;%<6(+(%:4
— F*$)&J+:)#%$4+>4@%&4B
— W7%(&8+)*+C%,R%+'*>+[$"4())(8f+)*+(84+:)#%$4+>4@%&4B
— E)**4&(+(84+:)#%$4+>4@%&4+()+(84+D*;)('%*:4*(+696(4:+@%'+'+FW[+&'#$4+)<+[$"4())(8fB
— GH4*+(84+B++=.'((/2&
B++=.'((/2&+:'%*+:4*"+%;+%(+>)46+*)(+)H4*+'"():'(%&'$$9B
— W4$4&(+(84+:)#%$4+>4@%&4+'*>+9)"<+>46%<4>+(4&8*)$)=9B
— E)*;%<:+'"(8)<%?'(%)*+<4I"46(+)*+(84+:)#%$4+>4@%&4+()+'$$)7+(84+D*;)('%*:4*(+696(4:+(84+<4,
I"%<4>+'&&466B
— -%6&)**4&(+FW[+&)**4&(%)*+'*>+<4,&)**4&(+7%(8+(84+D*;)('%*:4*(+696(4:+"6%*=+(84+C%,R%+)<
[$"4())(8fB+C%<4$466+.HH,E)**4&(+64(,"H+%6+&):H$4(4B

!'%<%*=+%6+&):H$4(4B+384+H'%<4>+:)#%$4+>4@%&4+&'*+*)7+"64+(84+C%<4$466+.HH,E)**4&(+%*+(84+;",
("<4+7%(8)"(+'+FW[+&)**4&(%)*B
D;+'*9+H)H,"H+:4*"6+74<4+>%6:%664>+>"<%*=+(84+&)**4&(%)*+H<)&466L+C%<4$466+.HH,E)**4&(+7%$$
*)(+#4+'@'%$'#$4B+D*+(8%6+&'64L+X)$J67'=4*+<4&)::4*>6+>4$4(%*=+(84+>4@%&46+;<):+(84+%!8)*4+64(,
(%*=6+'*>+D*;)('%*:4*(+696(4:+'*>+<46('<(%*=+(84+&)**4&(%)*+H<)&466B

C%<4$466+.HH,E)**4&(+:'9+*)(+#4+6"HH)<(4>+#9+'$$+(4&8*)$)=%46B

:=='

C%(8+X)$J67'=4*+.HH,E)**4&(+(84+&)*(4*(6+);+X)$J67'=4*+'HH6L+'*>+(8%<>+H'<(9+'HH6L+)*+9)"<
H8)*4+&'*+#4+>%6H$'94>+%*+(84+D*;)('%*:4*(+696(4:+6&<44*B
.HH6+;<):+(8%<>,H'<(9+H<)@%>4<6+:'9+#4+%*&):H'(%#$4B
384+"64+);+'HH6+'*>+(84+<4I"%<4>+:)#%$4+H8)*4+&)**4&(%)*+:'9+#4+6"#A4&(+()+'>>%(%)*'$+&8'<=46B
.HH6+&'*+#4+#'64>+)*+:'*9+>%;;4<4*(+>46%=*6+'*>+&'*+'$6)+>%;;4<+>4H4*>%*=+)*+(84+@48%&$4+'*>
&)"*(<9B+384+&)*(4*(L+6&)H4L+'*>+H<)@%>4<6+);+(84+'HH6+:'9+@'<9B+R"<(84<:)<4L+6):4+'HH6+>4,
H4*>+)*+(84+'@'%$'#%$%(9+);+64<@%&46+;<):+(8%<>+H'<(9+H<)@%>4<6B
D(+&'**)(+#4+="'<'*(44>+(8'(+(84+'HH6+(8'(+'<4+);;4<4>+7%$$+#4+'#$4+()+<"*+)*+'$$+:)#%$4+>4@%&46
'*>+7%(8+'$$+)H4<'(%*=+696(4:6B
384+'HH6+H<)@%>4>+#9+X)$J67'=4*+&'*+#4+&8'*=4>L+'>A"6(4>L+>4'&(%@'(4>L+<4'&(%@'(4>L+'*>+4*,
8'*&4>+7%(8)"(+*)(%&4B
3)+'@)%>+>%6(<'&(%*=+(84+><%@4<L+)*$9+&4<(%;%4>+'HH6+'<4+'#$4+()+#4+"64>+>"<%*=+(84+A)"<*49B

F1>42,'(*#C('$..5#6'(32%(:==ME2##$9.

F1>42,'(5#(./$(
F1>42,'(5#(./$(B++=.'((/2&
B++=.'((/2&(>$#+
(>$#+
384+69:#)$6+H<464*(+>4H4*>+)*+(84+%*(4=<'(4>+D*;)('%*:4*(+696(4:+'*>+(84+@48%&$4+:)>4$B

W8)7+;"<(84<+%*;)<:'(%)*B
GH4*+(84+.HH,E)**4&(+64((%*=6+:4*"B

GH4*+(84+.HH,E)**4&(+64((%*=6+:4*"B

W4$4&(+.HH$4+E'<!$'9+(4&8*)$)=9B

W4$4&(+.*><)%>+."()z+(4&8*)$)=9B

W4$4&(+a%<<)<+b%*Jf+(4&8*)$)=9B

F$..5#6(2=.52#'(5#(./$(:==ME2##$9.('$..5#6'(>$#+
384+64((%*=+)H(%)*6+>4H4*>+)*+(84+%*(4=<'(4>+D*;)('%*:4*(+696(4:B

a)#%$4+>4@%&46
GH4*+(84+>4@%&4+:'*'=4<B
+.&(%@'(4+>'('+(<'*6:%66%)*+;)<+XC+'HH6 T
-'('+(<'*6:%66%)*+;)<+XC+'HH6+%6+'&(%@'(4>B
+.$$)7+a%<<)<b%*J+*)(46+()+>%6H$'9
/)(46+'<4+>%6H$'94>+784*+"6%*=+a%<<)<b%*JfB

:==,$(E*%O,*1d

:==,$(E*%O,*1
:==,$(E*%O,*1(%$[+5%$>$#.'
(%$[+5%$>$#.'
E84&J$%6(

384+;)$$)7%*=+<4I"%<4:4*(6+:"6(+#4+:4(+%*+)<>4<+()+"64+.HH$4+E'<!$'9zT
✓ 384+%!8)*4f+:"6(
:"6(+6"HH)<(+.HH$4+E'<!$'9zB
✓ X)%&4+&)*(<)$+UW%<%V+:"6(
:"6(+#4+'&(%@'(4>+)*+(84+%!8)*4B
✓ .HH$4+E'<!$'9z+:"6(
:"6(+#4+'&(%@'(4>+%*+(84+%!8)*4f+64((%*=6+7%(8)"(+<46(<%&(%)*6B
✓ 384+%!8)*4+:"6(
:"6(+#4+&)**4&(4>+()+(84+D*;)('%*:4*(+696(4:+7%(8+'+FW[+&)**4&(%)*B+G*$9+FW[
&)**4&()<6+7%(8+>'('+(<'*6;4<+'<4+6"%('#$4+;)<+"64+7%(8+.HH$4+E'<!$'9B
✓ 384+FW[+&'#$4+#4%*=+"64>+:"6(
:"6(+#4+'*+)<%=%*'$+&'#$4+;<):+.HH$4fB

.HH$4+E'<!$'9z+C%<4$466 T+[$"4())(8f+'*>+C%,R%+:"6(
:"6(+'$6)+#4+'&(%@'(4>+)*+(84+%!8)*4B

38464+(4&8*)$)=%46+:'9+*)(+#4+'@'%$'#$4+%*+'$$+&)"*(<%46B

D*;)<:'(%)*+)*+(4&8*%&'$+<4I"%<4:4*(6L+&):H'(%#$4+%!8)*46L+&4<(%;%4>+'HH6L+'*>+'@'%$'#%$,
%(9+&'*+#4+;)"*>+)*+(84+X)$J67'=4*+'*>+.HH$4+E'<!$'9z+8):4+H'=46+)<+'<4+'@'%$'#$4
;<):+'+X)$J67'=4*+>4'$4<68%HB

E2##$9.5#6
384+;%<6(+(%:4+9)"+&)**4&(+9)"<+%!8)*4L+;)$$)7+(84+%*6(<"&(%)*6+)*+(84+6&<44*+);+9)"<+D*;)('%*,
:4*(+696(4:+'*>+)*+9)"<+%!8)*4+>%6H$'9B
384+<4I"%<4:4*(6+:"6(+#4+:4(+%*+)<>4<+()+"64+.HH$4+E'<!$'9zB
W('<(+.HH$4+E'<!$'9zT
3'H+(84+ .HH,E)**4&(+ + a1/F + +()+)H4*+(84+B++=.'((/2&
B++=.'((/2&+:'%*+:4*"B
G2T
G2T+H<466+(84+ .!! +#"(()*+()+)H4*+(84+B++=.'((/2&
B++=.'((/2&+:'%*+:4*"B
3'H+ +.HH$4+E'<!$'9 +()+&)**4&(+()+(84+%!8)*4fB

A5'92##$9.5#6
D*+.HH$4+E'<!$'9+:)>4L+('H+(84+ +()+=)+()+(84+B++=.'((/2&
B++=.'((/2&+:'%*+:4*"B
3'H+ +()+4*>+(84+'&(%@4+&)**4&(%)*B

384+'HH4'<'*&4+);+(84+;"*&(%)*+J496+%*+(84+>%6H$'9+:'9+@'<9B

F=$95*,(92#C5.52#'
C84*+(84<4+%6+'*+'&(%@4+&)**4&(%)*+7%(8+.HH$4+E'<!$'9zL+(84+;)$$)7%*=+&)*>%(%)*6+'HH$9T
— [$"4())(8f+&)**4&(%)*+#4(744*+(84+%!8)*4+'*>+(84+D*;)('%*:4*(+696(4:+%6+*)(
*)(+H)66%#$4B
— D;+(84<4+%6+'*+'&(%@4+[$"4())(8f+&)**4&(%)*L+%(+7%$$+#4+'"():'(%&'$$9+4*>4>B
— !8)*4+;"*&(%)*6+'<4+)*$9+H)66%#$4+(8<)"=8+.HH$4+E'<!$'9zB+384+;"*&(%)*6+>46&<%#4>+;)<+(84+D*,
;)('%*:4*(+696(4:+'<4+*)(
*)(+'@'%$'#$4B
— 384+&)**4&(4>+%!8)*4f+&'**)(
&'**)(+#4+"64>+'6+'+:4>%'+>4@%&4+%*+(84+O/3$"
O/3$"+:'%*+:4*"B
— D(+%6+*)(
*)(+H)66%#$4+()+"64+(84+%*(4<*'$+*'@%='(%)*+'*>+.HH$4+E'<!$'9z+*'@%='(%)*+'(+(84+6':4
(%:4B+384+<)"(4+="%>'*&4+78%&8+7'6+6('<(4>+:)6(+<4&4*($9+4*>6+(84+H<4@%)"6+'&(%@4+)*4B
— -4H4*>%*=+)*+9)"<+D*;)('%*:4*(+696(4:L+9)"+&'*+@%47+%*;)<:'(%)*+'#)"(+(4$4H8)*4+)H4<'(%)*
%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9B
— 384+%*6(<":4*(+&$"6(4<+>%6H$'9+7%$$+*)(+%*>%&'(4+"H&):%*=+("<*6B
— n)"+&'*+'&&4H(+)<+>4&$%*4+%*&):%*=+&'$$6+)<+4*>+'+&'$$+%*+H<)=<466+"6%*=+(84+#"(()*6+)*+(84
:"$(%;"*&(%)*+6(44<%*=+7844$B

7259$(92#.%2,
— 3'H+ +#<%4;$9
#<%4;$9+()+6('<(+(84+D*;)('%*:4*(+696(4:+@)%&4+&)*(<)$B
— !<466+ +'*>+8)$>
8)$>+(84+#"(()*+$)*=4<+()+6('<(+@)%&4+)H4<'(%)*+UW%<%V+)*+(84+&)**4&(4>+%!8)*4B

:#C%25C(:+.2d

:#C%25C(:+.2d
:#C%25C(:+.2d(%$[+5%$>$#.'
(%$[+5%$>$#.'
E84&J$%6(

384+;)$$)7%*=+<4I"%<4:4*(6+:"6(+#4+:4(+%*+)<>4<+()+"64+.*><)%>+."()zT
✓ 384+:)#%$4+>4@%&4+r+84<4';(4<+J*)7*+'6+'+6:'<(H8)*4+r:"6(
:"6(+6"HH)<(+.*><)%>+."()zB

✓ .*+.*><)%>+."()z+'HH+:"6(
:"6(+#4+%*6('$$4>+)*+(84+6:'<(H8)*4B
✓ 384+6:'<(H8)*4+:"6(
:"6(+#4+&)**4&(4>+7%(8+(84+D*;)('%*:4*(+696(4:+@%'+'+FW[+&)**4&(%)*+7%(8
>'('+(<'*6;4<B
✓ 384+FW[+&'#$4+(8'(+%6+"64>+:"6(
:"6(+#4+'*+)<%=%*'$+&'#$4+;<):+(84+6:'<(H8)*4+:'*";'&("<4<B

38464+(4&8*)$)=%46+:'9+*)(+#4+'@'%$'#$4+%*+'$$+&)"*(<%46B

D*;)<:'(%)*+)*+(4&8*%&'$+<4I"%<4:4*(6L+&):H'(%#$4+:)#%$4+>4@%&46L+&4<(%;%4>+'HH6L+'*>
'@'%$'#%$%(9+&'*+#4+;)"*>+)*+(84+X)$J67'=4*+'*>+.*><)%>+."()z+8):4H'=4+)<+'(+'*+'",
(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B

E2##$9.5#6
384+;%<6(+(%:4+9)"+&)**4&(+9)"<+6:'<(H8)*4L+;)$$)7+(84+%*6(<"&(%)*6+)*+(84+6&<44*+);+9)"<+D*;),
('%*:4*(+696(4:+'*>+)*+9)"<+6:'<(H8)*4+>%6H$'9B
384+<4I"%<4:4*(6+:"6(+#4+:4(+%*+)<>4<+()+"64+.*><)%>+."()zB
W('<(+.*><)%>+."()zT
3'H+(84+ .HH,E)**4&(+ + a1/F + +()+)H4*+(84+B++=.'((/2&
B++=.'((/2&+:'%*+:4*"B
G2T
G2T+H<466+(84+ .!! +#"(()*+()+)H4*+(84+B++=.'((/2&
B++=.'((/2&+:'%*+:4*"B
3'H+ +.*><)%>+."() +46('#$%68+(84+&)**4&(%)*+7%(8+(84+6:'<(H8)*4B

A5'92##$9.5#6
D*+.*><)%>+."()z+:)>4L+('H+ 24("<*+()+X)$J67'=4*+ +()+<4("<*+()+(84+B++=.'((/2&
B++=.'((/2&+:'%*
:4*"B
3'H+ +()+4*>+(84+'&(%@4+&)**4&(%)*B

F=$95*,(92#C5.52#'
C84*+(84<4+%6+'*+'&(%@4+&)**4&(%)*+7%(8+.*><)%>+."()zL+(84+;)$$)7%*=+&)*>%(%)*6+'HH$9T
— .*+'&(%@4+.*><)%>+."()z+>4@%&4+&'*+'$6)+#4+&)**4&(4>+7%(8+(84+D*;)('%*:4*(+696(4:+@%'+[$"4,
())(8f+UKR!+H<);%$4V+'(+(84+6':4+(%:4B
— !8)*4+;"*&(%)*6+'<4+)*$9+H)66%#$4+(8<)"=8+.*><)%>+."()zB+D;+(84+.*><)%>+."()z+>4@%&4+%6+&)*,
*4&(4>+7%(8+(84+D*;)('%*:4*(+696(4:+@%'+[$"4())(8f'(+(84+6':4+(%:4L+(84+D*;)('%*:4*(+&'$$
;"*&(%)*+&'*+#4+"64>B
— .*+'&(%@4+.*><)%>+."()z+>4@%&4+&'**)(
&'**)(+#4+"64>+'6+'+:4>%'+>4@%&4+%*+(84+O/3$"
O/3$"+:'%*+:4*"B
— D(+%6+*)(
*)(+H)66%#$4+()+"64+(84+%*(4<*'$+*'@%='(%)*+'*>+.*><)%>+."()z+*'@%='(%)*+'(+(84+6':4
(%:4B+384+<)"(4+="%>'*&4+78%&8+7'6+6('<(4>+:)6(+<4&4*($9+4*>6+(84+H<4@%)"6+'&(%@4+)*4B
— n)"+&'*+@%47+%*;)<:'(%)*+'#)"(+(4$4H8)*4+)H4<'(%)*+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9B
— 384+%*6(<":4*(+&$"6(4<+>%6H$'9+7%$$+*)(+%*>%&'(4+"H&):%*=+("<*6+)<+>%6H$'9+%*;)<:'(%)*+'#)"(
:4>%'+:)>4B
— n)"+&'*+'&&4H(+)<+>4&$%*4+%*&):%*=+&'$$6+)<+4*>+'+&'$$+%*+H<)=<466+"6%*=+(84+#"(()*6+)*+(84
:"$(%;"*&(%)*+6(44<%*=+7844$B
7259$(92#.%2,
— 3'H+ +#<%4;$9
#<%4;$9+()+6('<(+(84+D*;)('%*:4*(+696(4:+@)%&4+&)*(<)$B
— !<466+ +'*>+8)$>
8)$>+(84+#"(()*+$)*=4<+()+6('<(+@)%&4+&)*(<)$+);+(84+&)**4&(4>+6:'<(H8)*4B

)5%%2%U5#0Y

R%=B+
R%=B+NN+ a%<<)<b%*Jf+:'%*+:4*"T+;"*&(%)*+J496+%*+(84+)@4<@%47+);+&):H'(%#$4+'HH6B

K/$(%$[+5%$>$#.'(32%(
K/$(%$[+5%$>$#.'(32%()5%%2%U5#0
)5%%2%U5#0YY
E84&J$%6(

384+;)$$)7%*=+<4I"%<4:4*(6+:"6(+#4+:4(+%*+)<>4<+()+"64+a%<<)<b%*JfT
✓ 384+:)#%$4+>4@%&4+:"6(
:"6(+6"HH)<(+a%<<)<b%*JfB
✓ 384+:)#%$4+>4@%&4+:"6(
:"6(+#4+&)**4&(4>+()+(84+D*;)('%*:4*(+696(4:+@%'+'+FW[+&)**4&(%)*+7%(8
;%$4+(<'*6;4<B
✓ 384+FW[+&'#$4+"64>+:"6(
:"6(+#4+'*+)<%=%*'$+&'#$4+;<):+9)"<+:)#%$4+>4@%&4+:'*";'&("<4<B
✓ -4H4*>%*=+)*+(84+:)#%$4+>4@%&4+%*+"64L+'*+'HH<)H<%'(4+E'<+a)>4+'HH$%&'(%)*+:"6(
:"6(+#4+%*6('$$4>
)*+(84+>4@%&4+()+"64+a%<<)<b%*JfB

E2##$9.5#6
384+;%<6(+(%:4+9)"+&)**4&(+9)"<+:)#%$4+>4@%&4L+;)$$)7+(84+%*6(<"&(%)*6+)*+(84+6&<44*+);+9)"<+D*;),
('%*:4*(+696(4:+'*>+)*+9)"+:)#%$4+>4@%&4d6+>%6H$'9B
384+<4I"%<4:4*(6+:"6(+#4+:4(+%*+)<>4<+()+"64+a%<<)<b%*JfB
W('<(+a%<<)<b%*JfT
3'H+(84+ .HH,E)**4&(+ + a1/F + +()+)H4*+(84+B++=.'((/2&
B++=.'((/2&+:'%*+:4*"B
G2T
G2T+H<466+(84+ .!! +#"(()*+()+)H4*+(84+B++=.'((/2&
B++=.'((/2&+:'%*+:4*"B
3'H+ +()+&)**4&(+()+9)"<+:)#%$4+>4@%&4B

A5'92##$9.5#6
D*+a%<<)<b%*Jf+:)>4L+('H+ .!! +()+=)+()+(84+B++=.'((/2&
B++=.'((/2&+:'%*+:4*"B
G2T
G2T+('H+ +()+=)+()+(84+O$66'6L$(I
O$66'6L$(If+:'%*+:4*"B
3'H+ +()+4*>+(84+'&(%@4+&)**4&(%)*B

F=$95*,(92#C5.52#'
C84*+(84<4+%6+'*+'&(%@4+&)**4&(%)*+7%(8+a%<<)<b%*JfL+(84+;)$$)7%*=+&)*>%(%)*6+'HH$9T
— .*+'&(%@4+a%<<)<b%*Jf+>4@%&4+&'*+'$6)+#4+&)**4&(4>+7%(8+(84+D*;)('%*:4*(+696(4:+'(+(84+6':4
(%:4+@%'+[$"4())(8fB
— D;+(84+a%<<)<b%*Jf+>4@%&4+%6+&)**4&(4>+()+(84+D*;)('%*:4*(+696(4:+@%'+[$"4())(8fL+9)"+&'*+"64
(84+D*;)('%*:4*(+696(4:+(4$4H8)*4+;"*&(%)*B
— .*+'&(%@4+a%<<)<b%*Jf+>4@%&4+&'**)(
&'**)(+#4+"64>+'6+'+:4>%'+>4@%&4+%*+(84+O/3$"
O/3$"+:'%*+:4*"B
— n)"+&'*+@%47+%*;)<:'(%)*+'#)"(+(4$4H8)*4+)H4<'(%)*+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9B
— 384+%*6(<":4*(+&$"6(4<+>%6H$'9+7%$$+*)(+%*>%&'(4+"H&):%*=+("<*6+)<+>%6H$'9+%*;)<:'(%)*+'#)"(
:4>%'+:)>4B
— n)"+&'*+'&&4H(+)<+>4&$%*4+%*&):%*=+&'$$6+)<+4*>+'+&'$$+%*+H<)=<466+"6%*=+(84+#"(()*6+)*+(84
:"$(%;"*&(%)*+6(44<%*=+7844$B

D*;)<:'(%)*+'#)"(+(4&8*%&'$+H<4<4I"%6%(46L+&):H'(%#$4+:)#%$4+>4@%&46L+&4<(%;%4>+'HH6+'*>
'@'%$'#%$%(9+&'*+#4+;)"*>+@%'+(84+X)$J67'=4*+8):4H'=4+'*>+a%<<)<b%*Jf+)<+'(+9)"<+X)$J,
67'=4*+>4'$4<68%HB

?+#9.52#(0$1'
R"*&(%)*+J49+;)<+O$66'6L$(I
O$66'6L$(IfT

24("<*6+()+(84+B++=.'((/2&
B++=.'((/2&+:'%*+:4*"B+K4<4+9)"+&'*+4*>+(84+a%<<)<b%*Jf+&)**4&(%)*L
&)**4&(+'*)(84<+:)#%$4+>4@%&4L+)<+64$4&(+'*)(84<+(4&8*)$)=9B

3'H+()+&$)64+'HH6+(8'(+'<4+)H4*B+384*+('H+(84+'HH6+()+#4+&$)64>+)<+('H+(84+ E$)64+'$$ +;"*&,


(%)*+()+&$)64+'$$+)H4*+'HH6B

3'HL+()+>%6H$'9+(84+6&<44*+);+9)"<+:)#%$4+>4@%&4+)*+(84+D*;)('%*:4*(+696(4:+6&<44*B

GH4*+(84+a%<<)<b%*Jf+64((%*=6B
3'H+()+<4("<*+()+(84+O$66'6L$(I
O$66'6L$(If+:'%*+:4*"B

-5%$C(*#C("5%$,$''(92##$9.52#'

G#.%2C+9.52#

W):4+45(4<*'$+>4@%&46+&'*+#4+&)**4&(4>+()+(84+D*;)('%*:4*(+696(4:+"6%*=+(84+7%<4>+'*>+7%<4,
$466+&)**4&(%)*6+%*+(84+@48%&$4+U%;+'@'%$'#$4VB
384+(9H4+'*>+*":#4<+);+7%<4>+'*>+7%<4$466+&)**4&(%)*6+>4H4*>+)*+(84+&)"*(<9+'*>+(84+@48%&$4B
384+&)**4&(%)*6+:'9+>%;;4<+7%(8%*+'+:)>4$+$%*4+)<+%*+'+:)>4$+7%(8+)H(%)*'$+4I"%H:4*(B
D*+7%<4>+&)**4&(%)*6L+)*$9+"64+(84+)<%=%*'$+&)**4&(%*=+&'#$4+(8'(+#4$)*=6+()+(84+>4@%&4+)<+(84
&)**4&(%*=+&'#$4+(8'(+7'6+H$'&4>+%*+(84+@48%&$4+'(+(84+;'&()<9L+%;+'@'%$'#$4B
D;+(84+H$"=+)*+(84+&)**4&()<+&'#$4+&'**)(+#4+%*64<(4>L+&84&J+(84+H)6%(%)*+'*>+(84+&)**4&(%)*6B

/G3DE1
G*$9+"64+'+6"%('#$4+'*>+"*>':'=4>+&)**4&()<+&'#$4+;)<+7%<4>+&)**4&(%)*6B
● K)$>+(84+H$"=+)*+(84+&)**4&()<+&'#$4+%*+(84+&)<<4&(+H)6%(%)*+'*>+%*64<(+%(+%*()+(84+'HH<)H<%,
'(4+6)&J4(+78%$4+H<466%*=+$%=8($9B+!<466%*=+6(<)*=$9+&'*+>':'=4+(84+>4@%&4+&)**4&(%)*+'*>
(84+H$"=+)*+(84+&)**4&()<+&'#$4B
● 384+&)**4&()<+&'#$4+:"6(+*)(+#4+H%*&84>+)<+#4*(+68'<H$9B
● F6%*=+"*6"%('#$4+)<+>':'=4>+&)**4&()<+&'#$46+&'*+&'"64+:'$;"*&(%)*6+'*>+>':'=4+()+(84
>4@%&4B

D;+'+&)**4&(4>+>4@%&4+%6+*)(+<4&)=*%?4>L+>%6&)**4&(+'$$+&)**4&(4>+>4@%&46+'*>+(84*+<4,
&)**4&(+(84+>4@%&4B+E84&J+(84+;"*&(%)*+);+(84+&)**4&(%*=+&'#$4L+%;+*4&466'<9B

D;+:'$;"*&(%)*6+)&&"<+%*+'+&)**4&(4>+>4@%&4L+<46('<(+(84+>4@%&4B+38%6+);(4*+;%546+(84+4<<)<B

WFD(=2%.
R%=B+
R%=B+NN+ !)66%#$4+FW[+H)<(6+%*+(84+@48%&$4B

N FW[+H)<(L+(9H4+EB
Q FW[+H)<(L+(9H4+.B

WFD(=2%.(.1=$'
384+@48%&$4+:'9+&)*('%*+(84+;)$$)7%*=+FW[+H)<(6T
— 39H4+.+ T+W"%('#$4+;)<+>'('+(<'*6;4<+'*>+&8'<=%*=+;"*&(%)*B
— 39H4+.T +G*$9+6"%('#$4+;)<+&8'<=%*=+;"*&(%)*+U&8'<=%*=+#'((4<%46+);+45(4<*'$+>4@%&46VB
— 39H4+E+ T+W"%('#$4+;)<+>'('+(<'*6;4<+'*>+&8'<=%*=+;"*&(%)*B
— 39H4+ET +G*$9+6"%('#$4+;)<+&8'<=%*=+;"*&(%)*+U&8'<=%*=+#'((4<%46+);+45(4<*'$+>4@%&46VB

1@4<9+FW[+H)<(+%6+'+7%<4>+&)**4&(%)*+(8'(+:'9+)*$9+#4+"64>+7%(8+'+6"%('#$4+&)**4&()<+&'#$4B
384+FW[+&)**4&(%)*+ +6"HH$%46+\+@)$(6L+&)::)*$9+"64>+#9+FW[+>4@%&46B
384+FW[+(9H4L+*":#4<L+'*>+$)&'(%)*6+);+(84+FW[+H)<(6+>4H4*>+)*+(84+@48%&$4B
G*$9+6"HH)<(4>+'">%)+;%$46+'<4+68)7*B+G(84<+;%$46+7%$$+#4+%=*)<4>B
C84*+%*+g:'66+6()<'=4+:)>4hL+(84+D*;)('%*:4*(+696(4:+)*$9+6"HH)<(6+:'66+6()<'=4+>4@%&46+'*>
'">%)+6)"<&46B+24;4<+()+(84+%*6(<"&(%)*6+;)<+9)"<+'">%)+6)"<&4+()+$4'<*+8)7+()+'&(%@'(4+(8%6+:)>4B
.">%)+;%$46+)*+'*+45(4<*'$+>'('+&'<<%4<+&)**4&(4>+()+(84+FW[+H)<(+ +&'*+#4+H$'94>+'*>+&)*(<)$$4>
(8<)"=8+(84+D*;)('%*:4*(+696(4:B

[4;)<4+&)**4&(%*=+'*+'">%)+6)"<&4L+&84&J+78%&8+FW[+&)**4&(%)*+%6+%*6('$$4>+%*+9)"<+@48%,
&$4B+G*$9+"64+6"%('#$4+FW[+&)**4&()<+&'#$46+(8'(+:'(&8+(84+<4$4@'*(+FW[+(9H4B
v g39H4+.h+'*>+g39H4+Eh+FW[+H)<(6+8'@4+>%;;4<4*(+&)**4&()<+68'H46B

O2''54,$(WFD(=2%.(5#'.*,,*.52#(,29*.52#'
— G*+(84+;<)*(+);+(84+D*;)('%*:4*(+696(4:
— D*+(84+;<)*(+&4*(4<+'<:<46(+6()<'=4+&):H'<(:4*(
— D*+(84+$)74<+64&(%)*+);+(84+&4*(4<+&)*6)$4

E2##$9.5#6(*#($<.$%#*,(C*.*(9*%%5$%(.2(./$(WFD(=2%.( b
b)74<+(84+@)$":4+)*+(84+D*;)('%*:4*(+696(4:B
E)**4&(+'*+45(4<*'$+>'('+&'<<%4<+()+(84+FW[+H)<(+ B
W('<(+H$'9#'&J+)*+(84+45(4<*'$+'">%)+6)"<&4B

+3'H+ + + +()+)H4*+(84+O/3$"
O/3$"+:4*"B
3'H+ W)"<&4 +'*>+64$4&(+ +a9+a4>%' +'6+(84+:4>%'+6)"<&4B

R)<+%!)>6+6H4&%;%&'$$9L+$%6(+@%476+U9,"-,$*&*
9,"-,$*&*L+B6&$*&*
B6&$*&*L+B,>87*
B,>87*L+4(&BV+&'*+#4+>%6H$'94>B

G#'.%+9.52#'(*#C(%$'.%59.52#'
384+*":#4<+);+FW[+H)<(6+ +'*>+(84+&):H'(%#%$%(9+7%(8+.HH$4f+>4@%&46+'*>+)(84<+:4>%'+H$'94<6
>4H4*>6+)*+(84+4I"%H:4*(B
-"4+()+(84+$'<=4+*":#4<+);+>%;;4<4*(+(9H46+);+>'('+&'<<%4<6+'*>+>%;;4<4*(+%!)>fL+%!'>fL+'*>
%!8)*4f+=4*4<'(%)*6L+(84<4+%6+*)+="'<'*(44+(8'(+;"*&(%)*6+7%$$+H4<;)<:+'6+>46&<%#4>+)*+'$$
>4@%&46B
-4H4*>%*=+)*+(84+D*;)('%*:4*(+696(4:+#4%*=+"64>L+45(4<*'$+8'<>+><%@46+7%(8+'+&'H'&%(9+$'<=4<
(8'*+OQ+0[+:'9+8'@4+()+#4+<4;)<:'((4>+()+(84+R.3OQ+;%$4+696(4:B+!<)=<':6+'*>+%*6(<"&(%)*6+;)<
(8%6+&'*+#4+;)"*>+)*$%*4B
R)<+'>>%(%)*'$+<46(<%&(%)*6+'*>+<4I"%<4:4*(6+;)<+:4>%'+6)"<&46L+644+UM+a4>%'+:)>4L+b%:%(6Y696,
(4:+$%:%(6V B

-)+*)(+&)**4&(+)<+"64+FW[+45(4*6%)*+&'#$46+)<+FW[+8"#6B

D,+$.22./Y(5#.$%3*9$

384+[$"4())(8f+%*(4<;'&4+%6+'+7%<4$466+&)**4&(%)*B
D*+[$"4())(8f+'">%)+:)>4L+'">%)+;%$46+(8'(+'<4+)*+'+[$"4())(8f+'">%)+6)"<&4+(8'(+%6+&)**4&(4>
@%'+[$"4())(8f+U6"&8+'6+'+:)#%$4+>4@%&4V+&'*+#4+H$'94>+(8<)"=8+(84+@48%&$4+6H4'J4<6+U[$"4())(8f
H$'9#'&JVB
[$"4())(8f+'">%)+:)>4+%6+)*$9+H)66%#$4+%*+@48%&$46+4I"%HH4>+7%(8+'+;'&()<9,%*6('$$4>+H8)*4+%*,
(4<;'&4+(8'(+6"HH)<(6+(8%6+;"*&(%)*B

F.*%.5#6(D,+$.22./
F.*%.5#6(D,+$.22./YY(*+C52
24I"%<4:4*(6

✓ 384+[$"4())(8f+'">%)+6)"<&4+%6+H'%<4>+7%(8+'*>+&)**4&(4>+()+(84+D*;)('%*:4*(+696(4:+UM+W4(,
(%*=6L+!8)*4+%*(4<;'&4V B
✓ 384+[$"4())(8f+'">%)+6)"<&4+:"6(+6"HH)<(+(84+.Q-!+[$"4())(8f+H<);%$4B
NB+ b)74<+(84+@)$":4+)*+(84+D*;)('%*:4*(+696(4:B
QB+ W7%(&8+[$"4())(8f+@%6%#%$%(9+)*+%*+(84+45(4<*'$+[$"4())(8f+'">%)+6)"<&4+U6"&8+'6+'+:)#%$4+>4,
@%&4VB

OB+ GH4*+O/3$"
O/3$"+:4*"B
ZB+ 3'H+)*+ W)"<&4 +'*>+64$4&(+ +[$"4())(8+'">%) B

\B+ D;+*4&466'<9L+6('<(+H$'9#'&J+)*+(84+[$"4())(8f+'">%)+6)"<&4+:'*"'$$9B

C84*+H$'9#'&J+;<):+(84+[$"4())(8f+'">%)+6)"<&4+%6+;%*%684>L+(84+D*;)('%*:4*(+696(4:+<4:'%*6+%*
[$"4())(8f+'">%)+:)>4B

E2#.%2,,5#6(=,*14*90
384+45(4*(+(8'(+(84+[$"4())(8f+'">%)+6)"<&4+&'*+#4+&)*(<)$$4>+#9+(84+D*;)('%*:4*(+696(4:+>4,
H4*>6+)*+(84+(9H4+);+[$"4())(8f+'">%)+6)"<&4+(8'(+%6+&)**4&(4>B
R)<+:4>%'+H$'94<6+(8'(+6"HH)<(+(84+.X2E!+[$"4())(8f+H<);%$4L+H$'9#'&J+;<):+(84+[$"4())(8f+'",
>%)+6)"<&4+&'*+#4+6('<(4>+)<+6()HH4>+'"():'(%&'$$9+784*+[$"4())(8f+'">%)+:)>4+)<+'*)(84<+'",
>%)+6)"<&4+%6+64$4&(4>B+-4H4*>%*=+)*+(84+[$"4())(8f+'">%)+6)"<&4L+%(+:'9+'$6)+#4+H)66%#$4+()+>%6,
H$'9+'*>+H$'9+(84+(<'&J+)*+(84+D*;)('%*:4*(+696(4:B

[4&'"64+);+(84+$'<=4+*":#4<+);+H)66%#$4+[$"4())(8f+'">%)+6)"<&46L+%(+%6+*)(+H)66%#$4+()
="'<'*(44+(8'(+'$$+;"*&(%)*6+>46&<%#4>+&'*+#4+H4<;)<:4>+&)<<4&($9B+.+$%6(+);+&):H'(%#$4
:)#%$4+>4@%&46+%6+'@'%$'#$4+)*+(84+X)$J67'=4*+74#6%(4B

.$$+7'<*%*=+'*>+)H4<'(%)*+()*46L+6"&8+'6+()"&8+()*46+)*+'+:)#%$4+>4@%&4L+68)"$>+#4
67%(&84>+);;+)*+'+&)**4&(4>+[$"4())(8f+'">%)+6)"<&4+()+H<4@4*(+%*(4<;4<4*&4+'*>
:'$;"*&(%)*6B

-4H4*>%*=+)*+(84+>4@%&4L+%;+'*+45(4<*'$+:4>%'+H$'94<+%6+&)**4&(4>+()+(84+D*;)('%*:4*(
696(4:+@%'+[$"4())(8f+'*>+(84+FW[+H)<(+ +'(+(84+6':4+(%:4
'(+(84+6':4+(%:4L+(84+[$"4())(8f+'">%)
&)**4&(%)*+:'9+#4+'"():'(%&'$$9+>%6&)**4&(4>B

G#32.*5#>$#.('1'.$>

?5%'.('.$='

G#.%2C+9.52#

384+D*;)('%*:4*(+;"*&(%)*6+'*>+64((%*=6+'<4+>4H4*>4*(+)*+(84+@48%&$4+4I"%H:4*(+'*>+(84
&)"*(<9B

O%52%(.2(./$(35%'.(+'$
[4;)<4+9)"<+;%<6(+"64L+<4'>+(84+;)$$)7%*=+H)%*(6+()+#4+'#$4+()+;"$$9+"64+(84+'@'%$'#$4+;"*&(%)*6+'*>
64((%*=6T
— G#64<@4+(84+=4*4<'$+6';4(9+H<4&'"(%)*6+ +UM+R%<6(+6(4H6L+04*4<'$+6';4(9V B
— 2464(+(84+D*;)('%*:4*(+696(4:+()+;'&()<9+64((%*=6B
— W4$4&(+9)"<+;'@)<%(4+<'>%)+6('(%)*6+'*>+6'@4+(84:+()+(84+6('(%)*+#"(()*6+()+'$$)7+I"%&J+'&&466
UM+2'>%)+:)>4L+-46&<%H(%)*V B
— G*$9+"64+6"%('#$4+'">%)+6)"<&46+'*>+>'('+:4>%'+UM+a4>%'+:)>4L+-46&<%H(%)*V B
— F64+&"<<4*(+:'H+>'('+;)<+(84+*'@%='(%)*+696(4:+UM+/'@%='(%)*L+-46&<%H(%)*V B
— E)**4&(+'+:)#%$4+>4@%&4+%*+)<>4<+()+"64+(84+&4$$+H8)*4+%*(4<;'&4+()+:'J4+&'$$6+UM+!8)*4+%*(4<,
;'&4L+-46&<%H(%)*V B
— 24=%6(4<+)*+X)$J67'=4*+C4+E)**4&(+()+"64+<4$'(4>+64<@%&46+UM+C4E)**4&(L+-46&<%H(%)*V B

!./$%(*==,59*4,$(C29+>$#.'
D*+'>>%(%)*+()+(8%6+:'*"'$L+H$4'64+<4;4<+()+(84+;)$$)7%*=+>)&":4*('(%)*+784*+"6%*=+(8%6+D*;)('%*,
:4*(+696(4:+'*>+%(6+&):H)*4*(6T
— .>>%(%)*6+()+9)"<+@48%&$4+7'$$4(B
— GH4<'(%*=+%*6(<"&(%)*6+;)<+(84+:)#%$4+>4@%&4+)<+'">%)+6)"<&46B
— F64<+="%>4+;)<+45(4<*'$+>'('+&'<<%4<6+'*>+H$'94<6
— 0"%>4+;)<+<4(<);%((4>+)<+'>>%(%)*'$+D*;)('%*:4*(+'&&466)<%46
— W4<@%&4+>46&<%H(%)*+784*+"6%*=+X)$J67'=4*+C4+E)**4&(+64<@%&46B
— -%=%('$+G7*4<d6+a'*"'$+%*+(84+D*;)('%*:4*(+696(4:+U%;+'@'%$'#$4VB

F*3$.1(=%$9*+.52#'

— W):4+;"*&(%)*6+:'9+&)*('%*+$%*J6+()+74#6%(46+(8'(+'<4+'>:%*%6(4<4>+#9+(8%<>+H'<(%46B+X)$J67',
=4*+.0+>)46+*)(+'66":4+)7*4<68%H+);+(8%<>,H'<(9+6%(46+'&&4664>+(8<)"=8+$%*J6+'*>+%6+*)(+<4,
6H)*6%#$4+;)<+(84%<+&)*(4*(B
— W):4+;"*&(%)*6+:'9+&)*('%*+(8%<>,H'<(9+%*;)<:'(%)*+(8'(+)<%=%*'(46+;<):+(8%<>,H'<(9
H<)@%>4<6B+X)$J67'=4*+.0+%6+*)(+<46H)*6%#$4+;)<+(84+'&&"<'&9L+&"<<4*(*466L+'*>+&):H$4(4*466
);+(8%6+*)*,H<)H<%4('<9+%*;)<:'(%)*L+'*>+;)<+4*6"<%*=+(8'(+(84+<%=8(6+);+(8%<>+H'<(%46+'<4+*)(
@%)$'(4>B
— 384+#<)'>&'6(%*=+6('(%)*+'*>+(84+)7*4<+);+(84+>'('+&'<<%4<+'*>+'">%)+6)"<&46+%6+<46H)*6%#$4+;)<
(84+&)*(4*(+);+%*;)<:'(%)*+(8'(+%6+(<'*6:%((4>B
— !'<J%*=+='<'=46L+("**4$6L+('$$+#"%$>%*=6L+:)"*('%*6L+'*>+4$4&(<%&'$+>4@%&46+6"&8+'6+#'((4<9
&8'<=4<6+&'*+'$6)+%*(4<;4<4+7%(8+<'>%)+6%=*'$+<4&4H(%)*B
— R)%$+6(%&J4<6+)<+6(%&J4<6+7%(8+'+:4('$+$'94<+H$'&4>+)*+(84+'*(4**'+'*>+)*+(84+7%*>)76+&'*+%:,
H'%<+<'>%)+<4&4H(%)*B
C.2/D/0
384+D*;)('%*:4*(+696(4:d6+&4*(<'$+H<)&466)<+%6+*4(7)<J4>+7%(8+(84+&)*(<)$+:)>"$46+%*6('$$4>+%*
(84+@48%&$4B+.6+'+<46"$(L+%;+(84+&4*(<'$+H<)&466)<+%6+%*&)<<4&($9+<4H'%<4>L+<4:)@4>+)<+<4%*6('$$4>L
(84<4+%6+'*+%*&<4'64>+<%6J+);+'&&%>4*(+'*>+%*A"<9B
● /4@4<+<4H$'&4+(84+&4*(<'$+H<)&466)<+7%(8+'+"64>+&4*(<'$+H<)&466)<+;<):+'*+4*>,);,$%;4+@48%&$4
)<+;<):+<4&9&$%*=B
● .$7'96+8'@4+(84+&4*(<'$+H<)&466)<+<4H'%<4>L+<4:)@4>+'*>+<4%*6('$$4>+#9+'*+'"(8)<%?4>+X)$J,
67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B+X)$J67'=4*+<4&)::4*>6+&)*('&(,
%*=+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B

C.2/D/0
384+;'&()<9+%*6('$$4>+<'>%)+7%(8+%*(4=<'(4>+8'<>7'<4+%6+*4(7)<J4>+7%(8+(84+&)*(<)$+"*%(6+%*,
6('$$4>+%*+(84+@48%&$4B+384<4;)<4+%;+(84+<'>%)+%6+%:H<)H4<$9+<4H'%<4>+)<+%:H<)H4<$9+<4:)@4>+'*>
%*6('$$4>L+(84<4+%6+'*+%*&<4'64>+<%6J+);+'&&%>4*(+'*>+%*A"<9B
● /4@4<+<4H$'&4+(84+<'>%)+7%(8+'+"64>+<'>%)+;<):+'*+4*>,);,$%;4+@48%&$4+)<+;<):+<4&9&$%*=B
● G*$9+$4(+(84+<'>%)+#4+<4:)@4>+'*>+%*6('$$4>+)<+<4H'%<4>+#9+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<
)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+'*>+8'@4+%(+<4H$'&4>+%;+*4&466'<9B+X)$J67'=4*+<4&,
)::4*>6+&)*('&(%*=+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4
R'&%$%(9B

C.2/D/0
-<%@4<+>%6(<'&(%)*+&'*+&'"64+'&&%>4*(6+'*>+%*A"<%46B+24'>%*=+%*;)<:'(%)*+)*+(84+6&<44*+'*>+)H,
4<'(%*=+(84+D*;)('%*:4*(+696(4:+78%$4+><%@%*=+&'*+>%6(<'&(+;<):+(<';;%&+'*>+&'"64+'&&%>4*(6B
● .$7'96+><%@4+'((4*(%@4$9+'*>+<46H)*6%#$9B

C.2/D/0
/4@4<+$4(+9)"<64$;+#4+>%6(<'&(4>+;<):+(<';;%&+#9+&)**4&(%*=L+%*64<(%*=L+)<+<4:)@%*=+'+>'('+&'<<%4<
)<+'*+'">%)+6)"<&4+78%$4+><%@%*=L+#4&'"64+(8%6+&'*+&'"64+'&&%>4*(6B

C.2/D/0
.>A"6(+(84+@)$":4+64((%*=6+%*+(84+D*;)('%*:4*(+696(4:+6)+(8'(+'">%#$4+6%=*'$6+;<):+)"(6%>4+(84
@48%&$4+U6"&8+'6+6%<4*6+)*+4:4<=4*&9+<46&"4+@48%&$46V+&'*+6(%$$+#4+84'<>B
● W4((%*=+(84+@)$":4+())+8%=8+&'*+&'"64+84'<%*=+>':'=4B+38%6+%6+(<"4+4@4*+%;+9)"+'<4+45H)64>
()+'+$)">+@)$":4+;)<+)*$9+'+68)<(+(%:4B

C.2/D/0
384+;)$$)7%*=+&)*>%(%)*6+:'9+H<4@4*(+)<+&'"64+%*(4<<"H(%)*6+()+4:4<=4*&9+&'$$6L+H8)*4+&'$$6L
'*>+>'('+(<'*6:%66%)*T
● D;+9)"+'<4+%*+'+$)&'(%)*+7%(8+*)+:)#%$4+H8)*4+'*>+0!W+<4&4H(%)*L+)<+%*6";;%&%4*(+<4&4H(%)*B
38464+$)&'(%)*6+:'9+%*&$">4+("**4$6L+'<4'6+#4(744*+('$$+#"%$>%*=6L+"*>4<H'6646L+:)"*('%*6L
'*>+@'$$496B
● D;+(84+(4$4&)::"*%&'(%)*6+H<)@%>4<d6+:)#%$4+&)::"*%&'(%)*6+*4(7)<J+%6+:'$;"*&(%)*%*=+)<
"*'@'%$'#$4B
● D;+(84+@48%&$4+&):H)*4*(6+<4I"%<4>+;)<+4:4<=4*&9+&'$$6L+H8)*4+&'$$6L+'*>+>'('+(<'*6:%66%)*
'<4+>':'=4>L+*)(+)H4<'(%*=L+)<+8'@4+%*6";;%&%4*(+H)74<B
● D;+(84+:)#%$4+>4@%&4+#'((4<9+%6+><'%*4>+)<+%;+(84+&8'<=4+$4@4$+%6+())+$)7B
C.2/D/0
D*+6):4+&)"*(<%46+'*>+&4<('%*+:)#%$4+*4(7)<J6L+4:4<=4*&9+&'$$6+:'9+)*$9+#4+H)66%#$4+%;+(84
:)#%$4+>4@%&4+%6+&)**4&(4>+()+(84+@48%&$4+H8)*4+%*(4<;'&4+'*>+%;+%(+8'6+'*+g"*$)&J4>h+WDa+&'<>L
6";;%&%4*(+&'$$%*=+&<4>%(+)*+%(L+'*>+'>4I"'(4+*4(7)<J+&)@4<'=4B

C.2/D/0
24'>+'*>+;)$$)7+(84+'HH$%&'#$4+:'*";'&("<4<d6+="%>4+784*+"6%*=+:)#%$4+>4@%&46L+>'('+&'<<%4<6L
45(4<*'$+>4@%&46L+'*>+45(4<*'$+'">%)+'*>+:4>%'+6)"<&46B

C.2/D/0
.<<'*=4+&'#$46+;)<+45(4<*'$+>4@%&46+'*>+'">%)+6)"<&46+6)+(8'(+(849+'<4+*)(+%*+(84+7'9+);+(84
><%@4<B

C.2/D/0
W">>4*+@)$":4+;$"&("'(%)*6+:'9+)&&"<+784*+(84+'">%)+)<+:4>%'+6)"<&4+%6+&8'*=4>+)<
&)**4&(4>B
● 24>"&4+(84+@)$":4+$4@4$+#4;)<4+&8'*=%*=+)<+&)**4&(%*=+'*+'">%)+)<+:4>%'+6)"<&4B

C.2/D/0
F6%*=+'+:)#%$4+>4@%&4+)<+E[+<'>%)+%*6%>4+(84+@48%&$4+7%(8)"(+'+64H'<'(4+45(4<%)<+'*(4**'+(8'(+%6
%*6('$$4>+&)<<4&($9+:'9+&<4'(4+4$4&(<):'=*4(%&+4*4<=9+(8'(+45&44>6+H4<:%66%#$4+$%:%(6B+38%6+:'9
#4+>'*=4<)"6+()+9)"<+84'$(8+'*>+(8'(+);+9)"<+H'664*=4<6B+38%6+'$6)+'HH$%46+%;+(84+45(4<%)<+'*(4*,
*'+%6+*)(+%*6('$$4>+&)<<4&($9B
● S44H+(84+:)#%$4+>4@%&4+'*(4**'+'(+$4'6(+'HH<)5%:'(4$9+_+%*&846+UQP+&:V+'7'9+;<):+'*9+'&,
(%@4+:4>%&'$+%:H$'*(6L+6"&8+'6+H'&4:'J4<6L+#4&'"64+:)#%$4+>4@%&46+&'*+%:H'%<+(84+;"*&(%)*
);+'&(%@4+:4>%&'$+%:H$'*(6B
● -)+*)(+H$'&4+'+:)#%$4+>4@%&4+(8'(+%6+("<*4>+)*+>%<4&($9+'#)@4+)<+%*+(84+%::4>%'(4+@%&%*%(9+);
'*9+'&(%@4+:4>%&'$+%:H$'*(6L+;)<+45':H$4+#9+J44H%*=+(84+H8)*4+%*+'+68%<(+H)&J4(B
● D::4>%'(4$9+67%(&8+);;+(84+:)#%$4+>4@%&4+%;+9)"+6"6H4&(+(84<4+%6+%*(4<;4<4*&4+7%(8+'*+'&(%@4
:4>%&'$+%:H$'*(+)<+)(84<+:4>%&'$+>4@%&4B

C.2/D/0
F*64&"<4>+)<+%*&)<<4&(m9+:)"*(4>+:)#%$4+>4@%&46L+45(4<*'$+>4@%&46L+'*>+'&&466)<%46+&'*+#4
(8<)7*+(8<)"=8+(84+H'664*=4<+&):H'<(:4*(+'*>+&'"64+%*A"<9+%*+(84+4@4*(+);+6">>4*+><%@%*=+)<
#<'J%*=+:'*4"@4<6+)<+'+&)$$%6%)*B
● W4&"<4+:)#%$4+>4@%&46L+45(4<*'$+>4@%&46+'*>+'&&466)<%46+)"(6%>4+);+(84+'%<#'=+>4H$)9:4*(
?)*4+)<+6()7+(84:+64&"<4$9B

C.2/D/0
384+&4*(4<+'<:<46(+&'*+%*(4<;4<4+7%(8+(84+><%@4<d6+4$#)7+:)@4:4*(+'*>+(8"6+&'"64+'&&%>4*(6
'*>+64@4<4+%*A"<%46B
● .$7'96+J44H+(84+6()<'=4+&):H'<(:4*(+%*+(84+&4*(4<+'<:<46(+&$)64>+78%$4+><%@%*=B

C.2/D/0
-%6H$'96+'*>+%*;)<:'(%)*+)*+(84+6&<44*+:'9+#4+>%;;%&"$(+()+<4'>+%;+(84+$%=8(%*=+&)*>%(%)*6+'<4
"*;'@)<'#$4+)<+%;+(84+6&<44*+%6+>':'=4>+)<+>%<(9B
● /4@4<+'$$)7+>%6H$'96+'*>+%*;)<:'(%)*+)*+(84+6&<44*+()+&'"64+9)"+()+4*='=4+%*+#48'@%)<+(8'(
H)646+'+6';4(9+<%6JB+D*;)<:'(%)*+)*+(84+6&<44*+%6+*)(+'+<4H$'&4:4*(+;)<+(84+><%@4<d6+'((4*(%)*B
C.2/D/0
2'>%)+6('(%)*6+&'*+#<)'>&'6(+:466'=46+'#)"(+>%6'6(4<6+'*>+>'*=4<6B+D(+:'9+*)(+#4+H)66%#$4+()
<4&4%@4+)<+64*>+:466'=46+"*>4<+(84+;)$$)7%*=+&)*>%(%)*6T
● D;+9)"+'<4+%*+'+$)&'(%)*+7%(8+*)+<'>%)+<4&4H(%)*L+)<+%*6";;%&%4*(+<4&4H(%)*B+38464+$)&'(%)*6+:'9
%*&$">4+("**4$6L+'<4'6+#4(744*+('$$+#"%$>%*=6L+"*>4<H'6646L+:)"*('%*6L+'*>+@'$$496B
● D;+(84+<'>%)+6('(%)*d6+;<4I"4*&9+#'*>6+'<4+:'$;"*&(%)*%*=+)<+*)(+'@'%$'#$4B
● D;+(84+6H4'J4<6+'*>+@48%&$4+&):H)*4*(6+<4I"%<4>+;)<+<'>%)+<4&4H(%)*+'<4+>':'=4>L+*)(+)H4<,
'(%*=L+)<+8'@4+%*6";;%&%4*(+H)74<B
● D;+(84+D*;)('%*:4*(+696(4:+%6+67%(&84>+);;B

C.2/D/0
W7%(&8+);;+:)#%$4+>4@%&46+'(+$)&'(%)*6+784<4+(84<4+%6+'+<%6J+);+45H$)6%)*6B

C.2/D/0
-<%@%*=+<4&)::4*>'(%)*6+'*>+(<';;%&+6%=*6+>%6H$'94>+%*+(84+*'@%='(%)*+696(4:+:'9+>%;;4<+;<):
(84+'&("'$+(<';;%&+6%("'(%)*B
● 3<';;%&+6%=*6L+6%=*'$+696(4:6L+'*>+(<';;%&+<4="$'(%)*6+('J4+H<%)<%(9+)@4<+(84+><%@%*=+<4&)::4*,
>'(%)*6+'*>+>%6H$'96+%*+(84+*'@%='(%)*+696(4:B
● .$7'96+'>A"6(+9)"<+6H44>+'*>+><%@%*=+6(9$4+()+<)'>L+(<';;%&L+74'(84<L+'*>+@%6%#%$%(9+&)*>%(%)*6B
● E4<('%*+4@4*(6L+6"&8+'6+<)'>+&$)6"<46L+&'*+&)*6%>4<'#$9+%*&<4'64+(84+)<%=%*'$+46(%:'(4>+><%,
@%*=+(%:4+'*>+>%6('*&4+()+(84+>46(%*'(%)*L+)<+*'@%='(%)*+(84<4+:'9+#4+(4:H)<'<%$9
%:H)66%#$4B

/G3DE1
384+:)#%$4+>4@%&4+:"6(+'$7'96+#4+67%(&84>+);;+%*+'<4'6+7%(8+6H4&%'$+<4="$'(%)*6+<4$'(%*=+()+)<
H<)8%#%(%*=+(84+"64+);+:)#%$4+>4@%&46B+2'>%'(%)*+;<):+:)#%$4+>4@%&46+(8'(+'<4+67%(&84>+)*+&'*
%*(4<;4<4+7%(8+64*6%(%@4+(4&8*%&'$+'*>+:4>%&'$+>4@%&46L+H)(4*(%'$$9+&'"6%*=+:'$;"*&(%)*6+)<
>':'=4+()+(84+>4@%&46B

/G3DE1
15&466%@4$9+$)">+)<+>%6()<(4>+H$'9#'&J+&'*+>':'=4+(84+6H4'J4<6B

W'*6$(5#32%>*.52#

— 384+D*;)('%*:4*(+696(4:+<4I"%<46+'+;47+64&)*>6+()+H4<;)<:+'+&):H$4(4+696(4:+6('<(L+'*>+7%$$
*)(+<46H)*>+()+%*H"(6+>"<%*=+(8'(+(%:4B+-"<%*=+(84+696(4:+6('<(L+)*$9+(84+24'<+.66%6(+&':4<'
&'*+#4+>%6H$'94>B
— 384+D*;)('%*:4*(+696(4:+:"6(+6('<(+&):H$4(4$9+#4;)<4+'$$+>%6H$'96+&'*+'HH4'<+'*>+;"*&(%)*6
&'*+#4+H4<;)<:4>B+384+$4*=(8+);+(%:4+(8'(+%(+('J46+;)<+(84+696(4:+()+6('<(+>4H4*>6+)*+(84
6&)H4+);+;"*&(%)*6+%*+(84+D*;)('%*:4*(+696(4:L+'*>+%(+&'*+('J4+$)*=4<+()+6('<(+'(+$)7+'*>+8%=8
(4:H4<'("<46B
— G#64<@4+$)&'$+<4="$'(%)*6+'*>+$4='$+<4I"%<4:4*(6+784*+"6%*=+(84+D*;)('%*:4*(+696(4:+'*>
&)<<46H)*>%*=+'&&466)<%46L+6"&8+'6+'+84'>64(+)<+84'>H8)*46B
— b%=8(+H<466"<4+)<+()"&8%*=+(84+6&<44*+%6+6";;%&%4*(+()+)H4<'(4+(84+D*;)('%*:4*(+696(4:B
— 3)+4*6"<4+(8'(+(84+D*;)('%*:4*(+696(4:+;"*&(%)*6+&)<<4&($9L+%(+:"6(+#4+67%(&84>+)*+'*>+(84
>'(4+'*>+(%:4+r+%;+*4&466'<9+r+:"6(+#4+&)<<4&($9+64(+%*+(84+@48%&$4B
— .+:%66%*=+;"*&(%)*+J49+%*+(84+6&<44*+%6+*)(+(84+<46"$(+);+'+>4@%&4+4<<)<L+#"(+%*6(4'>+&)<<46H)*>6
()+(84+&)"*(<9,6H4&%;%&+4I"%H:4*(B
— W):4+D*;)('%*:4*(+696(4:+;"*&(%)*6+&'*+)*$9+#4+64$4&(4>+784*+(84+@48%&$4+%6+6('(%)*'<9B+D*
6):4+&)"*(<%46L+(84+64$4&()<+$4@4<+:"6(+'$6)+#4+%*+H'<J+H)6%(%)*+!!+)<+*4"(<'$+H)6%(%)*+/
/B+38%6+%6
*)(+'+:'$;"*&(%)*L+#"(+<'(84<+&):H$%'*&4+7%(8+$4='$+<4="$'(%)*6B
— W):4+&)"*(<%46+:'9+8'@4+<46(<%&(%)*6+<4='<>%*=+(84+"64+);+[$"4())(8f+>4@%&46B+D*;)<:'(%)*
&'*+#4+)#('%*4>+;<):+(84+$)&'$+'"(8)<%(%46B
— D;+(84+NQ+X)$(+@48%&$4+#'((4<9+7'6+>%6&)**4&(4>L+67%(&8+)*+(84+%=*%(%)*+#4;)<4+67%(&8%*=+)*+(84
D*;)('%*:4*(+696(4:B
— -%6H$'96+)*+(84+6&<44*+:'9+@'<9+>"4+()+>%;;4<4*&46+%*+(84+64((%*=6L+'*>+(84+D*;)('%*:4*(+696,
(4:+:'9+;"*&(%)*+>%;;4<4*($9+(8'*+>46&<%#4>+%*+(8%6+:'*"'$B
— 24H'%<6+'*>+:)>%;%&'(%)*6+()+(84+D*;)('%*:4*(+696(4:+:"6(+)*$9+#4+&'<<%4>+)"(+#9+'*+'"(8),
<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B+X)$J67'=4*+<4&)::4*>6
&)*('&(%*=+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B
— GH4<'(%*=+'+:)#%$4+>4@%&4+%*+(84+@48%&$4+&'*+&'"64+*)%64+%*+(84+6H4'J4<6B
— 384+D*;)('%*:4*(+696(4:+7%$$+67%(&8+);;+'"():'(%&'$$9+784*+(84+4$4&(<%&+:)()<+6()H6+'*>+%;+(84
NQ+X+@48%&$4+#'((4<9+&8'<=4+$4@4$+%6+$)7B
— D*+6):4+@48%&$46+7%(8+'+H'<J%*=+696(4:L+(84+@)$":4+);+(84+&"<<4*(+'">%)+6)"<&4+:'9+#4+'"(),
:'(%&'$$9+$)74<4>+784*+9)"+68%;(+%*()+<4@4<64B+384+@)$":4+<4>"&(%)*+$4@4$+&'*+#4+'>A"6(4>B
— 384+D*;)('%*:4*(+696(4:+&)*('%*6+%*;)<:'(%)*+'#)"(+(84+6);(7'<4+&)*('%*4>+%*+(84+696(4:
'*>+(84+$%&4*6%*=+(4<:6+"*>4<T+ + W4("H + + E)H9<%=8( B
— D;+64$$%*=+)<+$)'*%*=+9)"<+@48%&$4L+:'J4+6"<4+(8'(+'$$+>'('L+;%$46+'*>+64((%*=6+6()<4>+'<4+>4$4(4>L
'*>+(8'(+(84+W-+&'<>L+45(4<*'$+'">%)+6)"<&46L+'*>+>'('+:4>%'+'<4+<4:)@4>L+%;+*4&466'<9B

— E4<('%*+;"*&(%)*6+%*+(84+D*;)('%*:4*(+696(4:+<4I"%<4+'*+'&(%@4+C4+E)**4&(+'&&)"*(+;)<+(84+@4,
8%&$4+'*>+'*+)*$%*4+&)**4&(%)*+()+(84+D*(4<*4(B+D*+)<>4<+()+4*'#$4+;"*&(%)*6+()+#4+&'<<%4>+)"(L
>'('+(<'*6;4<+:"6(+*)(+#4+<46(<%&(4>B

L!);('9%$$#

D*+(84+>%6H$'9+'*>+&)*(<)$+"*%(L+9)"+&'*+&)*;%="<4+(84+'$$)&'(%)*+);+(84+;"*&(%)*+J496L+@%476+'*>
>%6H$'96+)*+(84+8):4+6&<44*+)<+8'@4+(84:+H)6%(%)*4>+#9+:4'*6+);+;'&()<9+6"HH$%4>+$'9)"(
(4:H$'(46B
D;+'+;"*&(%)*+J49+%6+*)(+H<464*(L+(8%6+%6+*)(+'*+4<<)<m+<'(84<L+(8%6+%6+>"4+()+(84+&)"*(<9,6H4&%;%&
4I"%H:4*(+);+9)"<+@48%&$4B
384+;)$$)7%*=+:'%*+:4*"6+:'9+#4+68)7*+'6+;"*&(%)*+J496+)*+(84+8):4+6&<44*T
a'%*+:4*"6+)*+(84+8):4+6&<44*

B,/T"
B,/T"+U*)(+'@'%$'#$4+%*+'$$+&)"*(<%46VB

B7>$/(&1,$%:&$(%
B7>$/(&1,$%:&$(%B

B++=.'((/2&+UM+.HH,E)**4&(L+-46&<%H(%)*V B
B++=.'((/2&

B++*
B++*B

B**$*&"(2/1*-*&/7*+UM+-<%@4<+'66%6('*&4+696(4:6L+-46&<%H(%)*V B
B**$*&"(2/1*-*&/7*

/=O"("%/6
/=O"("%/6B

</:$2,/
</:$2,/B

N/,+
N/,+T+K4<4+9)"+&'*+;%*>+'>>%(%)*'$+%*;)<:'(%)*+'#)"(+D*;)('%*:4*(
696(4:+;"*&(%)*6+'*>+)H4<'(%)*B

.,$7"&/12'(&6',+UM+K4'(%*=+'*>+'%<+&)*>%(%)*%*=+696(4:L
.,$7"&/12'(&6',
-46&<%H(%)*V B

A'8(3+UM+R%<6(+6(4H6L+b%:%(6Y696(4:+$%:%(6V B
A'8(3

O/3$"1.'(&6',
O/3$"1.'(&6',B

!"#$%"&$'(+UM+/'@%='(%)*L+-46&<%H(%)*V B
!"#$%"&$'(

P*/6 P*/617"("%/7/(&+UM+F64<+:'*'=4:4*(L+-46&<%H(%)*V B
P*/6L+P*/617"("%/7/(&

9'32"*&*

4"3$'JO/3$"+UM+2'>%)+:)>4L+-46&<%H(%)*V L+UM+a4>%'+:)>4L+-46&<%H,
4"3$'JO/3$"
(%)*V B

A/&8++UM+R%<6(+6(4H6L+b%:%(6Y696(4:+$%:%(6V B
A/&8+

B8T$,$"6-1:/"&/6+UM+-46&<%H(%)*L+."5%$%'<9+84'(4<+'*>+@4*(%$'(%)*V B
B8T$,$"6-1:/"&/6

K/,/+:'(/+UM+!8)*4+%*(4<;'&4L+-46&<%H(%)*V B
K/,/+:'(/

K$9/#59*,(C*.*

@*C52("5./(5#.$6%*.$C(/*%C"*%$(
@*C52("5./(5#.$6%*.$C(/*%C"*%$(HebSfgI
HebSfgI
384+;'&()<9+%*6('$$4>+<'>%)+7%(8+%*(4=<'(4>+8'<>7'<4+&)*('%*6+&)"*(<9,6H4&%;%&+&):H)*4*(6+'*>
6);(7'<4+;)<+&)**4&(%@%(9+'*>+;)<+(84+H4<;)<:'*&4+);+D*;)('%*:4*(+696(4:L+&):;)<(+'*>+@48%&$4
;"*&(%)*6B
384+&)<<46H)*>%*=+%*;)<:'(%)*+%6+>%6H$'94>+)*+(84+<'>%)+6&<44*+'6+74$$+'6+H'<(%'$$9+)*+(84+%*6(<",
:4*(+&$"6(4<+'*>+(84+84'>,"H+>%6H$'9B
— E'H'&%(9+&)$)<+6&<44*T
— X'<%'*(+_BQ\+%*&846L+3R3+@4<6%)*L+CX0.T+NP_Q+5+Z_P+H%54$6B

— -4@%&4+)H4<'(%)*+#9+()"&8%*=+(84+6&<44*L+<)('<9+'*>+<4$4'64+#"(()*6L+&)*(<)$+J*)#6+'*>+#"(,
()*6+)*+(84+:"$(%,;"*&(%)*+6(44<%*=+7844$B

E$#.%*,(=%29$''2%("5./(C5'=,*1(*#C(92#.%2,(+#5.(
E$#.%*,(=%29$''2%("5./(C5'=,*1(*#C(92#.%2,(+#5.(HRhgI
HRhgI
384+;'&()<9+%*6('$$4>+&4*(<'$+H<)&466)<+&)*('%*6+&)"*(<9,6H4&%;%&+&):H)*4*(6+'*>+6);(7'<4+;)<
&)**4&(%@%(9+'*>+;)<+(84+H4<;)<:'*&4+);+D*;)('%*:4*(+696(4:L+&):;)<(+'*>+@48%&$4+;"*&(%)*6B
384+&)<<46H)*>%*=+%*;)<:'(%)*+%6+>%6H$'94>+)*+(84+6&<44*+);+(84+>%6H$'9+'*>+&)*(<)$+"*%(+'6+74$$
'6+H'<(%'$$9+)*+(84+%*6(<":4*(+&$"6(4<+'*>+(84+84'>,"H+>%6H$'9B
— E'H'&%(9+&)$)<+6&<44*T
— X'<%'*(+NP+%*&846L+3R3+@4<6%)*L+K-T+NQ_P+5+^QP+H%54$6B

— -4@%&4+)H4<'(%)*+#9T
— W4*6)<+;%4$>6B+3)"&8+&)*(<)$B
— ["(()*6+)*+(84+:"$(%,;"*&(%)*+6(44<%*=+7844$B
— !<)5%:%(9+64*6)<6+U><%@4<,H'664*=4<+>4(4&(%)*L+=46("<4+&)*(<)$VB

E2>32%.(*#C(8$/59,$(3+#9.52#'
— -<%@4<+'66%6(+696(4:+64((%*=6B
— W4((%*=6+;)<+(84+84'(4<+'*>+'%<+&)*>%(%)*%*=+696(4:B
— +W4((%*=6+;)<+(84+$%=8(+'*>+@%47+;"*&(%)*6B
— W4((%*=6+;)<+(84+&):;)<(+;"*&(%)*6B
— W4((%*=6+;)<+H'<J%*=+'*>+:'*4"@4<%*=B

F2+#C('1'.$>

D*'59($[+5=>$#.X
384+;'&()<9+6"HH$%4>+D*;)('%*:4*(+696(4:+%6+4I"%HH4>+'6+;)$$)76T
— 37)+()+;)"<+6H4'J4<6+%*+@'<%)"6+$)&'(%)*6B
— .:H$%;%&'(%)*+H)74<T+:'5%:":+\+5+QP+7'((6B
— +W4((%*=+)H(%)*6T
— +3<4#$4L+:%>,<'*=4L+#'66B
— X)$":4+<'(%)+;<)*(L+<4'<+'*>+$4;(L+<%=8(+U#'$'*&4L+;'>4<VB

!=.52#*,('2+#C('1'.$>
384+D*;)('%*:4*(+696(4:+&'*+#4+45H'*>4>+'6+;)$$)76+7%(8+'*+)H(%)*'$+6)"*>+696(4:T
— FH+()+`+6H4'J4<6+%*+@'<%)"6+$)&'(%)*6+'*>+7%(8+@'<%)"6+)"(H"(6+U7'((6VB
— 15(4<*'$+':H$%;%4<+U-W!+1(84<*4(VB
— W4H'<'(4+6"#7));4<B
— +W4((%*=+)H(%)*6T
— 1I"'$%?4<L+(<4#$4L+:%>,<'*=4+'*>+#'66B
— X)$":4+<'(%)+;<)*(L+<4'<+'*>+$4;(L+<%=8(+U#'$'*&4L+;'>4<VB
— W4'(+>4H4*>4*(+6)"*>+)H(%:%?'(%)*+U6)"*>+;)&"6VB
— W"#7));4<+@)$":46B
— W"<<)"*>+64((%*=6B

E2##$9.585.1

-5M?5(
-5M?5(HRhg(2#,1I
HRhg(2#,1I
— +C%,R%+%*+'&&)<>'*&4+7%(8+D111+_PQBNN+'Y#Y=Y*Y'&B
— QBZ+0K?+'*>+\+0K?+>'('+(<'*6;4<B
— 38<44+C%,R%+:)>46+'(+)*&4T
— 34(84<%*=+UQBZ+0K?+)<+\+0K?VB
— QBZ+0K?+'&&466+H)%*(B
— \+0K?+'&&466+H)%*(B

— C%,R%+'4<%'$B
— G*4+:"$(%,#'*>+'4<%'$+4'&8+;)<+QBZ+0K?+'*>+\+0K?B

— FH+()+4%=8(+C%,R%+>4@%&46+&'*+#4+&)**4&(4>+'(+(84+6':4+(%:4B
— D*(4<*4(+&)**4&(%)*+@%'+C%,R%T
— 34(84<%*=+@%'+&"6():4<+(4$4H8)*4B
— K)(6H)(+;)<+&$%4*(6+%*+(84+@48%&$4B

— .HH$4+E'<!$'9z+@%'+C%,R%B
— .">%)+'*>+@%>4)+6(<4':%*=+@%'+C%,R%B
— W%:H$%;%4>+H'%<%*=+H<)&466+@%'+C!WL+/RE+)<+e2+&)>4B

D,+$.22./Y(=%235,$'
.+:'5%:":+);+(8<44+[$"4())(8f+>4@%&46+&'*+#4+&)**4&(4>+'(+(84+6':4+(%:4B
384+D*;)('%*:4*(+696(4:+%6+4I"%HH4>+7%(8+'+[$"4())(8f+%*(4<;'&4+%*+X4<6%)*+ZBQ+'(+(84+;'&()<9B
384+;)$$)7%*=+[$"4())(8f+H<);%$46+:'9+#4+'@'%$'#$4T
— +KR!+NB^+UK'*>6,;<44+!<);%$4VB
— 34$4H8)*9+'*>+8'*>6;<44+:)>4B

— .Q-!+NBO+U.>@'*&4>+.">%)+-%6(<%#"(%)*+!<);%$4VB
— a"6%&+H$'9#'&JB

— .X2E!+NB]+U.">%)+X%>4)+24:)(4+E)*(<)$+!<);%$4VB
— -%6H$'9+'*>+)H4<'(%)*+;)<+:"6%&+H$'9#'&JB
— 3<'*6;4<+);+&)@4<+'<(B

— ![.!+NBQ+U!8)*4+[))J+.&&466+!<);%$4VB
— .&&466+()+H8)*4+#))J+'*>+&'$$+$%6(6B

— a.!+NBO+Ua466'=4+.&&466+!<);%$4VB
— .&&466+()+WaW+'*>+4,:'%$B

— +WW!+NBQ+UW4<%'$+!)<(+!<);%$4VB
— W4<%'$+>'('+(<'*6;4<+@%'+[$"4())(8fB

!8$%85$"(*#C(92#.%2,'(23(./$(Rh(5#9/(8$%'52#

R%=B+
R%=B+NN+ G@4<@%47T+-%6H$'9+'*>+&)*(<)$+"*%(L+NP+%*&8+@'<%'*(+UNPlVB

N 3%:4B
Q W('("6+);+H<%@'&9+64((%*=6+7%(8+(84+*":#4<+);+H)66%#$4+*)(%;%&'(%)*6B
O N5O0
N5O0+#"(()*T+ B
Z W('("6+>%6H$'9+;)<+64'(+84'(%*=+'*>+64'(+@4*(%$'(%)*B
\ W4*6)<+;%4$>+UD*;)('%*:4*(+696(4:+)*+)<+);;VB
] 3)"&8+&)*(<)$+;)<+(4:H4<'("<4B
^ 3)"&8+&)*(<)$+;)<+@)$":4B
_ X%476+U&"<<4*(+@%47+%6+8%=8$%=8(4>VB
` 34:H4<'("<4+>%6H$'9+U&'*+#4+'>A"6(4>+@%'+ ] VB

NP W&<)$$+#'<B
NN -<)H,>)7*+:4*"B
NQ R"*&(%)*+J496+;)<+:'%*+:4*"6B
NO W&<44*+U()"&86&<44*VB
NZ 046("<4+&)*(<)$+67%(&84>+)*B

R"<(84<+%*;)<:'(%)*+'*>+(%H6+;)<+)H4<'(%*=+(84+D*;)('%*:4*(+696(4:+'<4+'@'%$'#$4+'(+UM
R%<6(+6(4H6L+GH4<'(%)*V B
O +N5O0
N5O0+#"(()*T+

— 3)+)H4*+(84+8):4+6&<44*L+('H+ B

\ +W4*6)<+;%4$>+U)*+)<+);;V

— +3'H+(84+64*6)<+'<4'+()+:'*"'$$9+67%(&8+(84+D*;)('%*:4*(+696(4:+)*+)<+);;B

] +3)"&8+&)*(<)$+;)<+(4:H4<'("<4

3)"&8+&)*(<)$+;)<+(84+><%@4<+H)6%(%)*+'*>+()"&8+&)*(<)$+;)<+(84+H'664*=4<+H)6%(%)*B
— W7%H4+$4;(+()+<4>"&4+(84+(4:H4<'("<4B
— W7%H4+<%=8(+()+%*&<4'64+(84+(4:H4<'("<4B

^ +3)"&8+&)*(<)$+;)<+@)$":4

— +W7%H4+$4;(+()+<4>"&4+(84+@)$":4B
— W7%H4+<%=8(+()+%*&<4'64+(84+@)$":4B

_ +X%476

E4<('%*+:4*"6+'*>+;"*&(%)*6+8'@4+:"$(%H$4+@%476+7%(8+>%;;4<4*(+&)*(4*(B+384+&"<<4*(+@%47+%6
8%=8$%=8(4>B
— 3'H+(84+64$4&(%)*+()+67%(&8+()+(8'(+@%47B
— W7%H4+$4;(+)<+<%=8(+)*+(84+6&<44*+()+67%(&8+#4(744*+@%476B

NP +W&<)$$+#'<

E4<('%*+:4*"6+'*>+;"*&(%)*6+&)*('%*+'>>%(%)*'$+&)*(4*(+'#)@4+'*>+#4$)7+(84+&)*(4*(+&"<<4*($9
>%6H$'94>+)*+(84+6&<44*B
— 3'H+(84+6&<)$$+#'<+'*>+><'=+%(+>)7*+)<+"H+()+>%6H$'9+'>>%(%)*'$+&)*(4*(B

NN +-<)H,>)7*+:4*"
384+><)H,>)7*+:4*"+&)*('%*6+'>>%(%)*'$+;"*&(%)*+J496+;)<+;"*&(%)*6+'*>+*)(%;%&'(%)*6B+-%6H$'94>
;"*&(%)*6+&'*+#4+&)*;%="<4>+UM+R%<6(+6(4H6L+W4((%*=6V B
— 3'H+(84+64$4&(%)*+'*>+><'=+%(+>)7*+()+)H4*+(84+><)H,>)7*+:4*"B

NQ +R"*&(%)*+J496+;)<+:'%*+:4*"6

n)"+&'*+&)*;%="<4+(84+H)6%(%)*+);+(84+;"*&(%)*+J496+UM+R%<6(+6(4H6L+W4((%*=6V B
— 3)+)H4*+'+:'%*+:4*"L+('H+(84+&)<<46H)*>%*=+;"*&(%)*+J49+4B=B+ +;)<+(84+H8)*4+%*(4<;'&4B

NO +W&<44*

n)"+&'*+)H4<'(4+(84+D*;)('%*:4*(+696(4:+;"*&(%)*6+@%'+(84+6&<44*B+n)"+7%$$+;%*>+>4('%$4>+45H$'*',
(%)*6+);+(84+>%;;4<4*(+;%*=4<+:)@4:4*(6+%*+(84+>%=%('$+:'*"'$B
—+ + + + + + + GH4<'(%)* B

!8$%85$"(*#C(92#.%2,'(23(./$(ebSf(5#9/(8$%'52#

R%=B+
R%=B+NN+ G@4<@%47T+2'>%)L+_BQ\+%*&8+@'<%'*(+U_BQ\lVB

N 2)('<9+J*)#B
Q 3%:4B
O W('("6+);+H<%@'&9+64((%*=6+7%(8+(84+*":#4<+);+H)66%#$4+*)(%;%&'(%)*6B
Z N5O0
N5O0+#"(()*T+ B
\ W('("6+>%6H$'9+;)<+64'(+84'(%*=+'*>+64'(+@4*(%$'(%)*B
] R"*&(%)*+J496+;)<+:'%*+:4*"6B
^ -<)H,>)7*+:4*"B
_ W&<44*+U()"&86&<44*VB
` X%476+U&"<<4*(+@%47+%6+8%=8$%=8(4>VB
NP W&<)$$+#'<B
NN a4*"+J*)#B

N +2)('<9+J*)#

— !<466+()+67%(&8+(84+D*;)('%*:4*(+696(4:+)*+)<+);;B
— 3"<*+$4;(+()+>4&<4'64+(84+@)$":4B
— 3"<*+<%=8(+()+%*&<4'64+(84+@)$":4B

] +R"*&(%)*+J496+;)<+:'%*+:4*"6

D(+%6+*)(
*)(+H)66%#$4+()+&)*;%="<4+(84+H)6%(%)*+);+(84+;"*&(%)*+J496B
— 3)+)H4*+'+:'%*+:4*"L+('H+(84+&)<<46H)*>%*=+;"*&(%)*+J49+4B=B+ +;)<+(84+H8)*4+%*(4<;'&4B

_ +W&<44*

n)"+&'*+)H4<'(4+(84+D*;)('%*:4*(+696(4:+;"*&(%)*6+@%'+(84+6&<44*B+n)"+7%$$+;%*>+>4('%$4>+45H$'*',
(%)*6+);+(84+>%;;4<4*(+;%*=4<+:)@4:4*(6+%*+(84+>%=%('$+:'*"'$B
— +N5O0
N5O0+ + + + + + GH4<'(%)* B

NN +a4*"+J*)#

— 3)+&)*(<)$+(84+64$4&(%)*+%*+$%6(6L+("<*+(84+&)*(<)$+J*)#B
— 3)+&)*;%<:+'+64$4&(%)*L+H<466+(84+&)*(<)$+J*)#B

!=$%*.5#6(./$(G#32.*5#>$#.('1'.$>

F64+(84+D*;)('%*:4*(+696(4:+&)*(<)$6+()+&'<<9+)"(+;"*&(%)*6+'*>+&8'*=4+64((%*=6B
-4H4*>%*=+)*+(84+@48%&$4+4I"%H:4*(L+(84+D*;)('%*:4*(+696(4:+:'9+8'@4+>%;;4<4*(+&)*(<)$6T
— 3)"&86&<44*B
— W4*6)<+;%4$>6+)"(6%>4+);+(84+6&<44*L+4B=B+ a1/F B
— R"*&(%)*+#"(()*6L+4B=B+ 2.-DG +)<+ !KG/1 B
— 2)('<9+J*)#B
— a4*"+J*)#B

GH4*%*=+(84+%*6(<"&(%)*6+U%;+'@'%$'#$4V

R"<(84<+%*;)<:'(%)*+'*>+(%H6+)*+)H4<'(%)*+&'*+#4+;)"*>+%*+(84+D*;)('%*:4*(+696(4:+%*6(<"&(%)*6B
— +3'H+ KGa1 + + + + B
F"5.9/5#6(./$(G#32.*5#>$#.('1'.$>(2#(*#C(233
384+D*;)('%*:4*(+696(4:+6('<(6+"H+784*+(84+%=*%(%)*+%6+67%(&84>+)*L+"*$466+%(+7'6+H<4@%)"6$9
67%(&84>+);;+:'*"'$$9B
384+D*;)('%*:4*(+696(4:+6('<(6+'(+(84+@)$":4+(8'(+7'6+$'6(+64(L+'6+$)*=+'6+(8%6+>)46+*)(+45&44>
(84+H<464(+:'5%:":+67%(&8,)*+@)$":4B
384+D*;)('%*:4*(+696(4:+67%(&846+);;+'"():'(%&'$$9+%;+(84+@48%&$4+J49+%6+<4:)@4>+;<):+(84+%=*%,
(%)*+$)&JB

D;+9)"+)H4*+(84+><%@4<+>))<+78%$4+(84+%=*%(%)*+%6+*)(+'&(%@4L+(84+D*;)('%*:4*(+696(4:
67%(&846+);;+'"():'(%&'$$9B
D;+9)"+67%(&8+)*+(84+D*;)('%*:4*(+696(4:+:'*"'$$9+78%$4+(84+%=*%(%)*+%6+*)(+'&(%@4L+%(+7%$$+67%(&8
);;+'"():'(%&'$$9+';(4<+'HH<)5%:'(4$9+OP+:%*"(46+7%(8)"(+"64<+%*H"(B

F9%2,,5#6(./%2+6/(,5'.'P('"5.9/5#6(.5.,$'
W4$4&(+'+>46%<4>+;"*&(%)*L+64((%*=+)<+'+(%($4+%*+(84+D*;)('%*:4*(+696(4:+@%'+(84+()"&86&<44*+)<+(84
:4*"+&)*(<)$B

)285#6(24N$9.'P(*CN+'.5#6(82,+>$
3)+'>A"6(+64((%*=6L+4B=B+(8)64+"6%*=+6$%>4<6L+)<+:)@4+'<4'6+);+'+:4*"+'<)"*>L+:)@4+(84+)#A4&(6
'<)"*>+)*+(84+6&<44*B
!4<6)*'$%?4+;"*&(%)*+J496+'*>+@%476+>4H4*>%*=+)*+(84+@48%&$4+4I"%H:4*(+UM+R%<6(+6(4H6L
W4((%*=6V B
{)):%*=+%*+'*>+)"(+);+H%&("<46+'*>+:'H6+)*+(84+()"&86&<44*

24&)::4*>'(%)*T+F64+(8":#+'*>+%*>45+;%*=4<B
— 3'H+)*+(84+:'H+7%(8+(7)+;%*=4<6+'(+(84+6':4+(%:4+'*>+8)$>+9)"<+;%*=4<6+)*+(84+6&<44*B
— 3)+?)):+%*L+6$)7$9+:)@4+9)"<+;%*=4<6+'H'<(B
— 3)+?)):+)"(L+6$)7$9+:)@4+9)"<+;%*=4<6+()=4(84<B

O$%'2#*,5V5#6(./$(G#32.*5#>$#.('1'.$>

/)(+'$$+D*;)('%*:4*(+696(4:6+&'*+#4+H4<6)*'$%?4>L+>4H4*>%*=+)*+(84+@48%&$4+4I"%H:4*(B
!4<6)*'$%?4+(84+D*;)('%*:4*(+696(4:+;"*&(%)*+J496+'*>+@%476+()+'&&466+9)"<+;'@)<%(4+'*>+;<4,
I"4*($9+"64>+;"*&(%)*6+I"%&J4<B
384+N5O0
N5O0+:4*"+)*+(84+8):4+6&<44*+&)*('%*6+;"*&(%)*+J496+;)<+'&&466%*=+'>>%(%)*'$+:4*"6+'*>
;"*&(%)*6B+.>A"6(+(84+H)6%(%)*6+);+(84+;"*&(%)*+J496B
384+D*;)('%*:4*(+696(4:+@%476+&)*('%*+(%$46+;)<+'&&466%*=+'>>%(%)*'$+:4*"6+'*>+;"*&(%)*6B+E)*,
;%="<4+(84+(%$46+'*>+'>A"6(+(84+(%$46+'*>+>%6H$'94>+(%$4+;"*&(%)*6+()+:'*'=4+(84+D*;)('%*:4*(+696,
(4:+'6+9)"+7%68B
F6%*=+(84+><)H,>)7*+:4*"L+9)"+&'*+I"%&J$9+'&&466+&4<('%*+;"*&(%)*6B
R"<(84<+%*;)<:'(%)*+'*>+(%H6+)*+H4<6)*'$%?'(%)*+&'*+#4+;)"*>+%*+(84+D*;)('%*:4*(+696(4:
%*6(<"&(%)*6B
— 3'H+N5O0
N5O0+ + + + + +B3[8*&7/(&
B3[8*&7/(&B

.>'H(%*=+N5O0
N5O0

NB+ 3'H+(84+;"*&(%)*+J49+'*>+8)$>+9)"<+;%*=4<+)*+(84+6&<44*+"*(%$+(84+;"*&(%)*+J49+%6+8%=8$%=8(4>B
QB+ !<466+'*>+6$%>4+(84+;"*&(%)*+J49+()+(84+>46%<4>+H)6%(%)*+'*>+(84*+<4:)@4+9)"<+;%*=4<+;<):+(84
6&<44*B

E)*;%="<%*=+(%$46

N5O0+%*+(84+D*;)('%*:4*(+696(4:L+9)"+&'*+;%*>+@'<%)"6+(%$4+@%476+UM+R%<6(+6(4H6L+GH4<'(%)*V B
X%'+N5O0
24:)@4+)<+'>>+()+(84+(%$46+'*>+@%476+@%'+(84+&)*;%="<'(%)*+6&<44*B

NB+ 3'H+'+;"*&(%)*+J49+%*+'+(%$4+'*>+8)$>+9)"<+;%*=4<+)*+(84+6&<44*+"*(%$+'*+'>>%(%)*'$+7%*>)7
'HH4'<6B
QB+ 3)+)H4*+(84+&)*;%="<'(%)*+6&<44*L+('H+ + + B
— 3)+'>>+'+*47+(%$4L+('H+)*+(84+>46%<4>+(4:H$'(4B+/47+(%$46+'<4+&<4'(4>+7%(8)"(+'*9
;"*&(%)*6B
— 3'H+ +()+>4$4(4+'+(%$4B
— 3)+=%@4+*47+(%$46+;"*&(%)*6+M+GH4<'(%*=+(84+D*;)('%*:4*(+696(4: B

OB+ 3'H+ +()+&$)64+(84+&)*;%="<'(%)*+6&<44*B


ZB+ 3)+<4("<*+()+X%47L+('H+'*9+;<44+'<4'+);+(84+6&<44*B

384<4+'<4+'$7'96+'(+$4'64+(7)+(%$46+'@'%$'#$4B+3849+&'**)(+#4+<4:)@4>B
-4H4*>%*=+)*+(84+@48%&$4+4I"%H:4*(L+9)"+&'*+'>>+(7)+'>>%(%)*'$+(%$46+'*>+>%6H$'9+"H+()
;)"<+(%$46B
.>A"6(%*=+(%$46

NB+ 3'H+X%47+'*>+8)$>+9)"<+;%*=4<+)*+(84+6&<44*+"*(%$+'*+'>>%(%)*'$+7%*>)7+'HH4'<6B
QB+ 3'H+(84+(%$4+()+78%&8+9)"+7%68+()+'>>+'+;"*&(%)*B
OB+ 3'H+(84+>46%<4>+;"*&(%)*+%*+(84+'>>%(%)*'$+7%*>)7B+X'<%)"6+;"*&(%)*6+'<4+'@'%$'#$4+>4H4*>%*=
)*+(84+6%?4+);+(84+(%$4B
ZB+ 3)+<4("<*+()+X%47L+('H+'*9+;<44+'<4'+);+(84+6&<44*B

R)<+6):4+(%$46L+:)<4+;"*&(%)*6+'<4+'@'%$'#$4+(8'*+&'*+#4+644*+%*%(%'$$9+%*+(84+'>>%(%)*'$
7%*>)7B+3)+644+'$$+(84+;"*&(%)*6L+67%H4+()+(84+$4;(+)<+<%=8(+%*+(84+'>>%(%)*'$+7%*>)7B
.>'H(%*=+(84+><)H,>)7*+:4*"

NB+ 3'H+'+;"*&(%)*+'*>+8)$>+9)"<+;%*=4<+)*+(84+6&<44*+"*(%$+'*+'>>%(%)*'$+7%*>)7+'HH4'<6B
QB+ 3'H+(84+>46%<4>+;"*&(%)*+%*+(84+'>>%(%)*'$+7%*>)7+'*>+8)$>+9)"<+;%*=4<+)*+(84+6&<44*+"*(%$
(84+;"*&(%)*+%6+8%=8$%=8(4>B
OB+ !<466+'*>+6$%>4+(84+;"*&(%)*+()+(84+>46%<4>+H)6%(%)*+'*>+(84*+<4:)@4+9)"<+;%*=4<+;<):+(84
6&<44*B+384+'&(%@4+;"*&(%)*+%6+'"():'(%&'$$9+<4:)@4>+;<):+(84+><)H,>)7*+:4*"+'*>+'>>4>
()+(84+'>>%(%)*'$+7%*>)7B

R)<+(84+><)H,>)7*+:4*"L+:)<4+;"*&(%)*6+'<4+'@'%$'#$4+(8'*+&'*+#4+644*+%*%(%'$$9+%*+(84
'>>%(%)*'$+7%*>)7B+3)+644+'$$+(84+;"*&(%)*6L+67%H4+()+(84+$4;(+)<+<%=8(+%*+(84+'>>%(%)*'$
7%*>)7B

F$..5#6'(H'1'.$>P('2+#CI

384+64((%*=6+(8'(+&'*+#4+64$4&(4>+:'9+@'<9+>4H4*>%*=+)*+(84+&)"*(<9L+(84+>4@%&4L+'*>+(84+@48%&$4
4I"%H:4*(B

E/*#65#6('$..5#6'
384+:4'*%*=6+);+(84+;)$$)7%*=+69:#)$6+'HH$9+'&<)66+'$$+696(4:+'*>+6)"*>+64((%*=6B
E8'*=46+7%$$+#4+'"():'(%&'$$9+'HH$%4>+784*+(84+:4*"+%6+&$)64>B

W9:#)$L+a4'*%*=

384+64((%*=+%6+64$4&(4>+'*>+'&(%@'(4>+)<+67%(&84>+)*B

384+64((%*=+%6+*)(+64$4&(4>L+)<+>4'&(%@'(4>+)<+67%(&84>+);;B

GH4*+(84+><)H,>)7*+$%6(B

D*&<4'64+(84+64(+@'$"4B

24>"&4+(84+64(+@'$"4B

0)+#'&J+)*4+6(4HB

0)+;)<7'<>+)*4+6(4HB

F64+(84+6$%>4+&)*(<)$+()+:'J4+&)*(%*")"6+&8'*=46+()+(84+64(+@'$"4B

F2+#C('$..5#6'
3)+)H4*+(84+6)"*>+64((%*=6T
NPlT+('H+ K):4,["(()* + + W)"*> + B
_LQ\lT+('H+ a1/F + + W)"*> B
384+6)"*>+64((%*=6+:'9+%*&$">4+(84+;)$$)7%*=+;"*&(%)*6L+%*;)<:'(%)*+'*>+64((%*=+)H(%)*6T
— 1I"'$%?4<B
— !)6%(%)*B
— X)$":4B
— W4("HB

F1'.$>('$..5#6'
GH4*+(84+696(4:+64((%*=6T
NPlT+('H+ K):4,["(()* + + W4("H B
_LQ\lT+('H+ a1/F + + W4("H B
384+696(4:+64((%*=6+:'9+%*&$">4+(84+;)$$)7%*=+;"*&(%)*6L+%*;)<:'(%)*+'*>+64((%*=+)H(%)*6T
— W&<44*B
— 3%:4+'*>+>'(4B
— b'*="'=4B
— .>>%(%)*'$+J49#)'<>+$'*="'=46B
— F*%(6B
— X)%&4+&)*(<)$B
— C%,R%B
— -'('+&)**4&(%)*B
— a'*'=4+:)#%$4+>4@%&46B
— 246()<4+;'&()<9+64((%*=6B
— W96(4:+%*;)<:'(%)*B
— E)H9<%=8(B
— E)*;%="<'(%)*+'66%6('*(B

:CN+'.5#6(./$(82,+>$(23($<.$%#*,(*+C52('2+%9$'
b)74<+(84+@)$":4+);+(84+D*;)('%*:4*(+696(4:+#4;)<4+("<*%*=+"H+(84+@)$":4+;)<+'*+45(4<*'$+'">%)
6)"<&4B
D;+(84+&)**4&(4>+'">%)+6)"<&4+H$'96+())+I"%4($9
())+I"%4($9L+%*&<4'64+(84+)"(H"(+@)$":4
)"(H"(+@)$":4+);+(84+45(4<*'$
'">%)+6)"<&4B+D;+(8'(+>)46+*)(+&)<<4&(+(84+H<)#$4:L+64(+(84+%*H"(+@)$":4
%*H"(+@)$":4+()+O/3$87
O/3$87+)<+O"T$=
O"T$=
787
787B
D;+(84+&)**4&(4>+45(4<*'$+'">%)+6)"<&4+H$'96+())+$)">$9+)<+(84+6)"*>+%6+>%6()<(4>
())+$)">$9+)<+(84+6)"*>+%6+>%6()<(4>L+$)74<+(84
)"(H"(+@)$":4
)"(H"(+@)$":4+);+(84+45(4<*'$+'">%)+6)"<&4B+D;+(8'(+>)46+*)(+&)<<4&(+(84+H<)#$4:L+64(+(84+%*H"(
%*H"(
@)$":4
@)$":4+()+O/3$87
O/3$87+)<+O$($787
O$($787B

E,$*#5#6(./$('9%$$#

24:)@4+6("##)<*+>%<(+&'<4;"$$9+'*>+7%(8)"(+"6%*=+'==<466%@4+&$4'*%*=+'=4*(6B
3)+&$4'*+(84+6&<44*L+H$4'64+H'9+'((4*(%)*+()+(84+&84&J$%6(T
✓ 384+D*;)('%*:4*(+696(4:+%6+67%(&84>+);;B
✓ F64+'+6);(L+&$4'*+&$)(8+78%&8+8'6+#44*+:)%6(4*4>+7%(8+7'(4<B
G2T
G2T+F64+'+&$4'*%*=+&$)(8+78%&8+%6+'@'%$'#$4+;<):+9)"<+X)$J67'=4*+>4'$4<68%HB
✓ D*+(84+&'64+);+6("##)<*+>%<( T+a)%6(4*+(84+>%<(+7%(8+A"6(+'+$%(($4+7'(4<+'*>+$4'@4+()+6)'JB+384*
&'<4;"$$9+<4:)@4+"6%*=+'+6);(L+&$4'*+&$)(8B

/G3DE1
D;+9)"+&$4'*+(84+6&<44*+7%(8+%*&)<<4&(+&$4'*%*=+'=4*(6+)<+784*+><9L+9)"+:'9+>':'=4+%(B
● G*$9+454<(+=4*($4+H<466"<4B
● -)+*)(+"64+'*9+8'<68+&$4'*4<6+)<+H<)>"&(6+(8'(+&)*('%*+6)$@4*(6B+38464+(9H46+);+&$4'*4<6+&'*
>':'=4+(84+>4@%&4+'*>+&'"64+g=$'<4h+)*+(84+6&<44*B

K%*C$>*%0'P(,59$#'$'P(*#C(92=1%56/.'

K%*C$>*%0'(*#C(,59$#'$'
E4<('%*+(4<:6+%*+(8%6+:'*"'$+8'@4+(84+f+)<+z+69:#)$6B+38464+69:#)$6+%*>%&'(4+(<'>4:'<J6+)<+<4=,
%6(4<4>+(<'>4:'<J6B+K)74@4<L+(84+'#64*&4+);+(8%6+69:#)$+>)46+*)(+&)*6(%("(4+'+7'%@4<+);+'*9
<%=8(6+'66)&%'(4>+7%(8+%*(4$$4&("'$+H<)H4<(9B
G(84<+H<)>"&(+*':46+'<4+<4=%6(4<4>+(<'>4:'<J6+)<+(<'>4:'<J6+;)<+(84+<46H4&(%@4+<%=8(6+8)$>4<B
— a'*";'&("<4>+"*>4<+$%&4*64+;<):+-)$#9+b'#)<'()<%46B+-)$#9+'*>+(84+>)"#$4,-+69:#)$+'<4
(<'>4:'<J6+);+-)$#9+b'#)<'()<%46B
— a'*";'&("<4>+"*>4<+$%&4*64+;<):+-)$#9+b'#)<'()<%46B+-)$#9L+!<)+b)=%&+'*>+(84+>)"#$4,-+69:,
#)$+'<4+(<'>4:'<J6+);+-)$#9+b'#)<'()<%46B

— .*><)%>+."()z+%6+'+&4<(%;%4>+(<'>4:'<J+);+0))=$4L+D*&B
— .HH$4+E'<!$'9z+%6+'+&4<(%;%4>+(<'>4:'<J+);+.HH$4L+D*&B
— [$"4())(8f+%6+'+<4=%6(4<4>+(<'>4:'<J+);+[$"4())(8f+WD0L+D*&B
— %!)>fL+%!'>fL+'*>+%!8)*4f+'<4+<4=%6(4<4>+(<'>4:'<J6+);+.HH$4+D*&B
— a%<<)<b%*Jf+'*>+(84+a%<<)<b%*Jf+$)=)+'<4+&4<(%;%4>+(<'>4:'<J6+);+(84+E'<+E)**4&(%@%(9+E)*6)<,
(%":+bbEB
— W-f+'*>+W-KEf+'<4+#<'*>6+)<+<4=%6(4<4>+(<'>4:'<J6+);+W-,OEL+bbE+%*+(84+FW.+'*>+)(84<
&)"*(<%46B
— C%*>)76f+%6+'+<4=%6(4<4>+(<'>4:'<J+);+a%&<)6);(+E)<H)<'(%)*L+24>:)*>L+FW.B
— a!10,Z+K1,..E+'">%)+&)>%*=+(4&8*)$)=9+'*>+H'(4*(6+$%&4*64>+;<):+R<'"*8);4<+DDWB
— 38%6+H<)>"&(+%6+H<)(4&(4>+#9+(84+%*(4$$4&("'$+H<)H4<(9+<%=8(6+);+a%&<)6);(+E)<H)<'(%)*B+F64+)<
>%6(<%#"(%)*+);+6"&8+(4&8*)$)=9+)"(6%>4+);+(8%6+H<)>"&(+%6+H<)8%#%(4>+7%(8)"(+'+$%&4*64+;<):+a%,
&<)6);(+)<+'*+'"(8)<%?4>+a%&<)6);(+6"#6%>%'<9B
W):4+3<'>4:'<J6+'6+W9:#)$6T

E2=1%56/.
.">%)+'*>+@%>4)+;%$46+6'@4>+)*+>'('+&'<<%4<6+'*>+'">%)+6)"<&46+'<4+=4*4<'$$9+6"#A4&(+()+&)H9<%=8(
<4="$'(%)*6+%*+&):H$%'*&4+7%(8+'HH$%&'#$4+%*(4<*'(%)*'$+'*>+*'(%)*'$+$'76B+G#64<@4+$4='$
<4="$'(%)*6B

7259$(92#.%2,

G#.%2C+9.52#

X)%&4+&)*(<)$+;"*&(%)*6+#)(8+)*$%*4+'*>+);;$%*4B
WH44&8+&)::'*>6+'<4+%>4*(%;%4>+:)<4+'&&"<'(4$9+%*+)*$%*4+:)>4+#4&'"64+(84<4+%6+:)<4+>'('
'@'%$'#$4B
X)%&4+&)*(<)$+"*>4<6('*>6+I"46(%)*6+'*>+45H<466%)*6+7%(8)"(+8'@%*=+()+$4'<*+6H44&8+&)::'*>6B
WH44&8+&)::'*>6+&'*+#4+;)<:"$'(4>+8)74@4<+9)"+$%J4+'*>+:'9+#4+%*;)<:'$B+n)"+&'*+;%*>+6"=,
=46(%)*6+;)<+6H44&8+&)::'*>6+%*+(84+D*;)('%*:4*(+696(4:B
D*+);;$%*4+:)>4+(84+<'*=4+);+;"*&(%)*6+%6+<4>"&4>B
b)">+*)%646+%*6%>4+(84+@48%&$4+'*>+*)%646+;<):+)"(6%>4+(84+@48%&$4+&'*+$4'>+()+:'$;"*&(%)*6+'*>
:%6"*>4<6())>+64*(4*&46L+'6+74$$+'6+'*674<6+78%&8+&'**)(+#4+"*>4<6())>B

X)%&4+&)*(<)$+)*$9+<4&)=*%?46+6H44&8+&)::'*>6+%*+(84+$'*="'=4+%*+78%&8+(84+D*;)('%*,
:4*(+696(4:+%6+64(,"HB

346(+@)%&4+&)*(<)$+78%$4+6('(%)*'<9+#4;)<4+'+A)"<*49+()+=4(+"64>+()+(84+;"*&(%)*B

F=$$9/(%$926#5.52#(32%(5#C585C+*,('$*.(=2'5.52#'
.>>%(%)*'$+:%&<)H8)*46+4*'#$4+(84+@)%&4+&)*(<)$+()+<4&)=*%?4+784(84<+(84+><%@4<+)<+H'664*=4<+%6
6H4'J%*=B+C84*+)*$%*4L+9)"+&'*+%*%(%'(4+;"*&(%)*6+;)<+%*>%@%>"'$+64'(+H)6%(%)*6L+;)<+45':H$4L
67%(&8%*=+)*+(84+64'(+84'(%*=B
GH4*+6"==46(%)*6+;)<+6H44&8+&)::'*>6

— +3'H+ KGa1 + + + + B

W"HH)<(4>+$'*="'=46L+>4H4*>%*=+)*+:'<J4(

— G*$%*4+'*>+);;$%*4 T+04<:'*L+FW+1*=$%68L+[<%(%68+1*=$%68L+R<4*&8L+D('$%'*L+WH'*%68L+E?4&8B
— G;;$%*4 T+["$='<%'*L+-'*%68L+R%**%68L+E'*'>%'*+R<4*&8L+0<44JL+w'H'*464L+S)<4'*L+[<'?%$%'*+!)<,
("="464L+2"66%'*L+W74>%68L+a45%&'*+WH'*%68L+-"(&8L+!)$%68L+!)<("="464L+3"<J%68B
24I"%<4:4*(6

✓ G*$%*4+'*>+);;$%*4 T+X)%&4+&)*(<)$+7%(8+&)<<46H)*>%*=+D*;)('%*:4*(+696(4:+%6+%*(4=<'(4>+%*+(84
@48%&$4B
✓ G*$%*4 T+X'$%>+C4+E)**4&(+!$"6,&)*(<'&(+%6+'&(%@4B

:9.58*.52#("2%C(*#C(8259$(92>>*#C'

:9.58*.52#("2%C(32%(8259$(92#.%2,
D;+9)"+67%(&8+)*+&)*(<)$+@%'+'&(%@'(%)*+7)<>L+(84+D*;)('%*:4*(+696(4:+7%$$+6&'*+7)<>6+6H)J4*+%*
(84+@48%&$4+;)<+(84+'&(%@'(%)*+7)<>+%;+67%(&84>+)*B+384+'&(%@'(%)*+7)<>+>4H4*>6+)*+(84+$'*="'=4
64(+%*+(84+D*;)('%*:4*(+696(4:B
.6%>4+;<):+6&'**%*=+;)<+(84+'&(%@'(%)*+7)<>L+(84+696(4:+7%$$+*)(+<4&)<>+)<+(<'*6:%(+'*9(8%*=+6H),
J4*+%*+(84+@48%&$4B
X)%&4+&)*(<)$+7%$$+#4=%*+784*+(84+D*;)('%*:4*(+696(4:+>4(4&(6+(84+'&(%@'(%)*+7)<>+UM+X)%&4
&)*(<)$L+GH4<'(%)*V B
W7%(&8%*=+(84+'&(%@'(%)*+7)<>+)*+'*>+);;

— +3'H+ KGa1 + + + +<'$2/12'(&6',


<'$2/12'(&6',+ +B2&$#"&$'(1C'63
B2&$#"&$'(1C'63B

D;+(84+'&(%@'(%)*+7)<>+%6+67%(&84>+);;L+@)%&4+&)*(<)$+&'**)(+#4+'&(%@'(4>+@%'+(84+'&(%@'(%)*
7)<>B+X)%&4+&)*(<)$+%6+6(%$$+'@'%$'#$4+@%'+(84+ +#"(()*+)*+(84+:"$(%,;"*&(%)*+6(44<%*=
7844$+)<+(84+ XGDE1 +;"*&(%)*+J49+%*+(84+D*;)('%*:4*(+696(4:B
.@'%$'#%$%(9+>4H4*>6+)*+(84+&)"*(<9+'*>+4I"%H:4*(B
.&(%@'(%)*+7)<>+%*+>%;;4<4*(+$'*="'=46

|}~DÄÅÇ+X)$J67'=4*B

G$É+X)$J67'=4*B

[)*A)"<+X)$J67'=4*B

.8)A+X)$J67'=4*B

K'$$)+X)$J67'=4*B

K4A+X)$J67'=4*B

K)$'+X)$J67'=4*B

W'$"(+X)$J67'=4*B

K4%+X)$J67'=4*B

K4$$)+X)$J67'=4*B

ÑÖÜá+àâä+X)$J67'=4*B

E%')+X)$J67'=4*B

+X)$J67'=4*B

K)$'+X)$J67'=4*B

K'$$)+X)$J67'=4*B

K'$$)+X)$J67'=4*B

G$É+X)$J67'=4*B

E?4ãå+X)$J67'=4*B

안녕하세요+X)$J67'=4*B

ç~éÄÅè+X)$J67'=4*B

K4A+X)$J67'=4*B

a4<8'#'+X)$J67'=4*B

K4$$)+X)$J67'=4*B

7259$(92>>*#C'
3)+4*6"<4+(8'(+(84+@)%&4+&)*(<)$+696(4:+&'*+<4$%'#$9+>4(4&(+6H)J4*+@)%&4+&)::'*>6L+;)$$)7+(84
(%H6+;)<+6"&&466;"$+@)%&4+&)::'*>6B
3%H6+;)<+6"&&466;"$+@)%&4+&)::'*>6

✓ E$4'<+H<)*"*&%'(%)*B+F*&$4'<+@)%&4+&)::'*>6+7%$$+*)(+#4+>4(4&(4>B
✓ WH4'J+'(+*)<:'$+@)$":4B+WH4'J+'+$%(($4+$)">4<+'(+8%=84<+6H44>6B

✓ .@)%>+45(4<*'$+*)%64B+GH4*+7%*>)76+'*>+>))<6+&'*+%*(4<;4<4+7%(8+@)%&4+&)*(<)$B
✓ .@)%>+)(84<+*)%646+6"&8+'6+&)*@4<6'(%)*6+%*+(84+@48%&$4B
✓ +-)+*)(+>%<4&(+'%<;$)7+;<):+(84+@4*(6+()7'<>6+(84+:%&<)H8)*4+)<+84'>$%*4<B
✓ .@)%>+45&466%@4+4:H8'6%6+)<+6(<)*=+>%'$4&(6B

✓ /)+$)*=+H'"646+%*+6H44&8B

3)+4*6"<4+(8'(+*':46+%*+(84+H8)*4#))J+'<4+%>4*(%;%4>+&)<<4&($9L+9)"+:'9+*44>+()+67%(&8
(84+)<>4<+);+(84+;%<6(+'*>+$'6(+*':46+);+(84+>46%<4>+&)*('&(L+>4H4*>%*=+)*+8)7+(84
H8)*4#))J+4*(<9+%6+6(<"&("<4>B

F.*%.5#6(*#C($#C5#6(8259$(92#.%2,

n)"+&'*+"64+>%;;4<4*(+:4(8)>6+()+6('<(+@)%&4+&)*(<)$L+>4H4*>%*=+)*+@48%&$4+4I"%H:4*(B

X)%&4+&)*(<)$+%6+'&(%@4+'*>+<4&)=*%?46+6H)J4*+7)<>6B

W('<(%*=+@)%&4+&)*(<)$

— WH44&8+'&(%@'(%)* T+W'9+(84+'&(%@'(%)*+7)<>+;)<+@)%&4+&)*(<)$B+!$4'64+*)(4+(84+$'*="'=4+);+(84
'&(%@'(%)*+7)<>6+UM+X)%&4+&)*(<)$L+b%:%(6Y696(4:+$%:%(6V B
— a"$(%,;"*&(%)*+6(44<%*=+7844$ T+!<466+3'$J+#"(()*+ +UM+G@4<@%47L+-<%@4<+6%>4V B
— D*;)('%*:4*( T+('H+)*+<5M.0
<5M.0B

X)%&4+&)*(<)$+4*>6+'"():'(%&'$$9+%;+9)"+"64+;"*&(%)*6+7%(8%*+(84+D*;)('%*:4*(+696(4:L+'&(%@'(4
(84+H'<J%*=+696(4:+)<+%;+('6J6+%*@)$@%*=+6H44&8+)&&"<L+4B=B+&'$$6+)<+(<';;%&+<4H)<(6+'<4+<4&4%@4>B
D*+6):4+&'646L+9)"+&'*+'$6)+6('<(+(84+@)%&4+&)*(<)$+);+(84+&)**4&(4>+:)#%$4+>4@%&4+#9+J44H%*=+(84
3'$J+#"(()*+ +)<+(84+<5M.0
<5M.0+#"(()*+H<4664>+>)7*B
1*>%*=+@)%&4+&)*(<)$+:'*"'$$9

— +X)%&4+'&(%@'(%)* T+0%@4+(84+@)%&4+&)::'*>+()+%*(4<<"H(+@)%&4+&)*(<)$B+/)(4+(84+$'*="'=4+64(,
(%*=+;)<+@)%&4+&)::'*>6B
— a"$(%,;"*&(%)*+6(44<%*=+7844$ T+!<466+(84+3'$J+#"(()*+(7%&4+%*+'+<)7B

@*C52(>2C$

G#.%2C+9.52#

D*+<'>%)+:)>4+9)"+&'*+<4&4%@4+@'<%)"6+'@'%$'#$4+<'>%)+6('(%)*6+)*+>%;;4<4*(+;<4I"4*&%46+'*>+6'@4
9)"<+;'@)<%(46+()+(84+6('(%)*+#"(()*6+;)<+I"%&J+'&&466B
.@'%$'#$4+<4&4H(%)*+:)>46+'*>+;<4I"4*&9+#'*>6+>4H4*>+)*+(84+@48%&$4+4I"%H:4*(+'*>+(84+&)"*,
(<9B+R<4I"4*&9+#'*>6+%*+%*>%@%>"'$+&)"*(<%46+:'9+#4+'>A"6(4>L+67%(&84>+);;+)<+*)+$)*=4<+);;4<4>B
!=$#(
!=$#(4B)M5
4B)M5(>$#+
(>$#+
— 3'H+ KGa1 + + + + B
G2T
G2T+('H+ a1/F + + B

GH4*+64(,"H
— 3'H+ KGa1 + + + + + 2'>%) B
G2T
G2T+('H+ a1/F + + + + B

384+<'>%)+6('(%)*6+'<4+<46H)*6%#$4+;)<+(84+#<)'>&'6(+&)*(4*(B

G(84<+4$4&(<%&'$+>4@%&46+&)**4&(4>+%*+(84+@48%&$4+&'*+%:H'%<+<'>%)+6%=*'$+<4&4H(%)*+'*>
&'"64+*)%64+%*+(84+6H4'J4<6B

-4&'$6+)<+:4('$,&)'(4>+6(%&J4<6+)*+(84+@48%&$4+7%*>)76+&'*+%:H'%<+<'>%)+<4&4H(%)*+%*+@4,
8%&$46+7%(8+7%*>)7+'*(4**'6B

;[+5=>$#.('92=$(*#C(%*C52('1>42,'

@*C52
384+'@'%$'#$4+;"*&(%)*+6&)H4+'6+74$$+'6+H)66%#$4+<4&4H(%)*+:)>46+>4H4*>+)*+(84+4I"%H:4*(+'*>
(84+&)"*(<9B
— .a+("*4<B
— Ra+>"'$+("*4<+U>%@4<6%(9+'4<%'$VB
— W"::'<%?4>+6('(%)*+$%6(B
— a4<=%*=+);+-.[+'*>+Ra+6('(%)*6+%*+'+$%6(B

— W"::'<%?4>+:4:)<9+$%6(B
— a4<=%*=+);+'$$+6('(%)*6+6()<4>+)*+6('(%)*+H<464(+#"(()*6+%*+'+$%6(B
— O]+6('(%)*+H<464(+#"(()*6+'6+6()<'=4+$)&'(%)*6+;)<+;'@)<%(46B

— W('(%)*+$)=)6B
— .*(4**'+':H$%;%4<
— -.[Y-.[jB
— -.[+6$%>468)7B
— W(%$$+%:'=46+'<4+(<'*6:%((4>+%*+H'<'$$4$+()+(84+&"<<4*(+H<)=<':B

— K9#<%>+<'>%)B
— D*(4<*4(+<'>%)B
— K-+2'>%)B
— W%<%"6qaz+U6'(4$$%(4+<'>%)VB
— W%<%"6qaz+)*$%*4+U6'(4$$%(4+<'>%)VB
— 3<'@4$+b%*JzB

Q$#$%*,('1>42,'(5#(%*C52(>2C$

+.a
W4$4&(+(84+.a+;<4I"4*&9+#'*>B

+RaY-.[
W4$4&(+(84+RaY-.[+;<4I"4*&9+#'*>B

+D*(4<*4(+<'>%)
W4$4&(+(84+D*(4<*4(+2'>%)+<4&4H(%)*+:)>4B

+W.3
W4$4&(+6'(4$$%(4+<'>%)+'6+(84+<4&4H(%)*+:)>4B

W4$4&(+(84+H<4@%)"6+6('(%)*+;<):+(84+6('(%)*+$%6(+)<+6('(%)*+)*+(84+H<4@%)"6+6('(%)*+H<464(
#"(()*B

W4$4&(+(84+*45(+6('(%)*+;<):+(84+6('(%)*+$%6(+)<+6('(%)*+)*+(84+*45(+6('(%)*+H<464(+#"(()*B

-%6H$'9+(84+6('(%)*+H<464(+#"(()*6B

W('(%)*6+'$<4'>9+6()<4>+)*+'+6('(%)*+H<464(+#"(()*+%*+'+6('(%)*+$%6(B
K9 3<';;%&+*476+:)*%()<%*=+U3!+;"*&(%)*V+%6+'&(%@'(4>B
!'1K9384+64$4&(4>+(<';;%&+*476+6('(%)*+%6+*)(+'@'%$'#$4B
."():'(%&+6('(%)*+(<'&J%*=+%6+67%(&84>+);;B
BQ1';;
384+2'>%)+-'('+W96(4:+U2-WV+%6+67%(&84>+);;B
4)A15;;

F1>42,'(5#(./$(?)]A:D(3%$[+$#91(4*#C

-%6H$'9+(84+;<4I"4*&9+#'*>+;)<+:'*"'$$9+64$4&(%)*+);+(84+Ra+;<4I"4*&9B
G*$9+H)66%#$4+784*+(84+6"::'<%?4>+6('(%)*+$%6(+%6+67%(&84>+);;B

-.[+<4&4H(%)*+*)(+H)66%#$4B

384+-.[+6('(%)*+6"HH)<(6+W$%>468)7B

W$%>468)7+%6+*)(+'@'%$'#$4+;)<+(84+-.[+6('(%)*B

F1>42,'(5#(./$(:)(3%$[+$#91(4*#C

a'*"'$$9+"H>'(4+(84+6('(%)*+$%6(B

-%6H$'9+(84+;<4I"4*&9+#'*>+;)<+:'*"'$$9+64$4&(%)*+);+(84+.a+;<4I"4*&9B

F1>42,'(5#(5#.$%#$.(%*C52(>2C$

GH4*+;"$$,(45(+64'<&8B

-%6H$'9+(84+$'6(+%*(4<*4(+<'>%)+6('(%)*B
-%6H$'9+(84+NPP+:)6(+H)H"$'<+%*(4<*4(+<'>%)+6('(%)*6B

-%6H$'9+(84+'@'%$'#$4+D*(4<*4(+2'>%)+H)>&'6(6B

-%6H$'9+D*(4<*4(+2'>%)+6('(%)*6+(8'(+)<%=%*'(4+;<):+(84+64$4&(4>+&)"*(<9B

-%6H$'9+D*(4<*4(+2'>%)+6('(%)*6+(8'(+(<'*6:%(+(84%<+H<)=<':+%*+(84+64$4&(4>+$'*="'=4B

-%6H$'9+D*(4<*4(+2'>%)+6('(%)*6+78)64+H<)=<':6+'<4+);+(84+64$4&(4>+=4*<4B

F1>42,'(5#(LA(%*C52(>2C$

W7%(&8+)*+K-+<'>%)B

W'@4+(84+&"<<4*(+(<'&J+%*;)<:'(%)*+U%3"*46f+('==%*=VB

F1>42,'(5#('*.$,,5.$(%*C52(>2C$

-%6H$'9+(84+&8'**4$+$%6(B

GH4*+(84+7%*>)7+;)<+4*(4<%*=+(84+&8'**4$+*":#4<B

W'@4+(84+&"<<4*(+(<'&J+%*;)<:'(%)*+U%3"*46f+('==%*=VB

F$,$9.5#6P(.+#5#6P(*#C('.2%5#6('.*.52#'

F$,$9.5#6(./$(3%$[+$#91(4*#C
[4;)<4+64$4&(%*=+'+6('(%)*L+9)"+:"6(+;%<6(+64$4&(+'+;<4I"4*&9+#'*>+)<+<4&4H(%)*+:)>4B+X'<%)"6+6(',
(%)*6+'<4+'@'%$'#$4+>4H4*>%*=+)*+(84+64$4&(4>+;<4I"4*&9+#'*>+)<+<4&4H(%)*+:)>4B
384+'@'%$'#$4+;<4I"4*&9+#'*>6+)<+<4&4H(%)*+:)>46+>4H4*>+)*+(84+4I"%H:4*(+'*>+&)"*(<9B

NB+ 3'H+A'862/
A'862/+()+)H4*+(84+$%6(+);+;<4I"4*&9+#'*>6+'*>+<4&4H(%)*+:)>46B
QB+ W4$4&(+(84+;<4I"4*&9+#'*>+)<+<4&4H(%)*+:)>4T
— .aB
— RaY-.[B
— Ra+U;)<+>4@%&46+(8'(+>)+*)(+6"HH)<(+-.[VB
— D*(4<*4(+<'>%)B
— W'(4$$%(4+<'>%)B

F$*%9/5#6(32%(*#C('$,$9.5#6(*('.*.52#
384<4+'<4+>%;;4<4*(+7'96+()+64$4&(+'+<'>%)+6('(%)*B+384+)H(%)*6+@'<9+#'64>+)*+(84+;<4I"4*&9+#'*>
'*>+<4&4H(%)*+:)>4B
+W4$4&(%*=+@%'+(84+;<4I"4*&9+#'*>+U.a+'*>+RaV

NB+ -%6H$'9+(84+;<4I"4*&9+#'*>B
QB+ 3'H+(84+&"<6)<+()+H<466+'*>+6$%>4+()+(84+;<4I"4*&9+#'*>+'*>+<4$4'64+'(+(84+>46%<4>+;<4I"4*&9B
G2T
G2T+3'H+'+H)%*(+)*+(84+;<4I"4*&9+#'*>B+384+&"<6)<+'"():'(%&'$$9+A":H6+()+(84+&)<<46H)*>%*=
;<4I"4*&9B

384+6('(%)*+'(+(84+64(+;<4I"4*&9+7%$$+#4+("*4>B
+W4$4&(%*=+;<):+'+6('(%)*+$%6(+U.a+'*>+RaY-.[V

384+6('(%)*+$%6(+>%6H$'96+(84+6('(%)*6+(8'(+&"<<4*($9+&'*+#4+<4&4%@4>B+D(+%6+H)66%#$4+%*+(84+.a+;<4,
I"4*&9+#'*>+(8'(+(84+6('(%)*+$%6(+:"6(+#4+:'*"'$$9+"H>'(4>+%;+9)"+8'@4+$4;(+(84+'<4'+6%*&4+(84
$'6(+(%:4+(84+6('(%)*+$%6(+7'6+)H4*4>B+384+6('(%)*+$%6(+"H>'(46+'"():'(%&'$$9+%*+(84+RaY-.[+;<4,
I"4*&9+#'*>B

NB+ GH4*+(84+6('(%)*+$%6(B
QB+ 3'H+(84+>46%<4>+6('(%)*B

384+64$4&(4>+6('(%)*+7%$$+#4+("*4>B+D*+RaY-.[L+(84+#46(+<4&4H(%)*+:)>4+%6+64$4&(4>+'"():'(%&'$$9
>4H4*>%*=+)*+6('(%)*+'@'%$'#%$%(9B
+W4'<&8%*=+;)<+'*>+;%$(4<%*=+6('(%)*6+UD*(4<*4(+2'>%)V

D*+D*(4<*4(+2'>%)+:)>4L+6('(%)*6+&'*+#4+;%$(4<4>+'&&)<>%*=+()+&'(4=)<9+)<+64'<&84>+;)<+"6%*=+'
;"$$,(45(+64'<&8B

NB+ GH4*+(84+6('(%)*+64$4&(%)*B
QB+ W4$4&(+(84+&'(4=)<%46+#9+78%&8+()+;%$(4<+(84+6('(%)*6B
G2T
G2T+3)+6('<(+(84+;"$$,(45(+64'<&8L+('H+ B+384+%*H"(+$%*4+%6+>%6H$'94>B
OB+ 1*(4<+(84+*':4+);+(84+>46%<4>+6('(%)*B+384+$%6(+);+(84+;)"*>+6('(%)*6+"H>'(46+'"():'(%&'$$9
>"<%*=+%*H"(B
ZB+ 3'H+(84+>46%<4>+6('(%)*B

384+64$4&(4>+6('(%)*+7%$$+#4+("*4>B
WE./ +W4'<&8+%*+WE./+:)>4+U.a+'*>+RaY-.[V

D*+WE./+:)>4L+(84+6('(%)*6+%*+(84+;<4I"4*&9+#'*>+'<4+64(+'"():'(%&'$$9+%*+6"&&466%)*+'*>+H$'94>
;)<+'HH<)5B+\+64&)*>6+4'&8B

NB+ 3)+6('<(+WE./+:)>4L+('H+ WE./ B


WE./+:)>4+6('<(6+'*>+(84+&"<<4*(+6('(%)*+%6+68)7*+)*+(84+>%6H$'9B+384+ WE./ +;"*&(%)*+J49+%6
>%6H$'94>+*45(+()+%(B
QB+ 3)+64$4&(+'+6('(%)*L+('H+ WE./ B

WE./+:)>4+6()H6+'*>+(84+6('(%)*+%6+("*4>B
(F.2%5#6('.*.52#'(2#(./$('.*.52#(=%$'$.(4+..2#'
n)"+&'*+6'@4+"H+()+O]+6('(%)*6+;<):+>%;;4<4*(+;<4I"4*&9+#'*>6+'*>+<4&4H(%)*+:)>46+'6+;'@)<%(46
)*+(84+6('(%)*+H<464(+#"(()*6B

NB+ 3"*4+(84+>46%<4>+6('(%)*B

QB+ GH4*+(84+6('(%)*+H<464(+#"(()*6B
OB+ 3'H+ B
B
G2T
G2T+3'H+'+6('(%)*+H<464(+#"(()*+(8'(+8'6+'$<4'>9+#44*+'66%=*4>+'*>+8)$>+;)<+'HH<)5B+O
64&)*>6B
G2T
G2T+('H+'*>+8)$>+(84+6('(%)*+)*+(84+6('(%)*+$%6(B+384+6('(%)*+H<464(+#"(()*6+'<4+>%6H$'94>B
ZB+ 3'H+(84+6('(%)*+H<464(+#"(()*B

384+6('(%)*+%6+6'@4>+)*+(84+64$4&(4>+6('(%)*+H<464(+#"(()*B
D;+'+6('(%)*+7'6+'$<4'>9+6'@4>+)*+(84+6('(%)*+H<464(+#"(()*L+(8%6+6('(%)*+7%$$+#4+<4:)@4>+;<):+(84
6('(%)*+H<464(+#"(()*+'*>+<4H$'&4>+#9+(84+*47+6('(%)*B

!#,5#$(3+#9.52#'(5#(%*C52(>2C$

G*$%*4+;"*&(%)*6+%*+<'>%)+:)>4+'<4+)*$9+'@'%$'#$4+"*>4<+(84+;)$$)7%*=+&)*>%(%)*6T
— 384+@48%&$4+%6+4I"%HH4>+7%(8+C4+E)**4&(+)<+C4+E)**4&(+!$"6B
— n)"+8'@4+'*+'&(%@4+C4+E)**4&(+"64<+'&&)"*(B
— n)"<+@48%&$4+%6+'66%=*4>+()+9)"<+"64<+'&&)"*(B
— n)"+8'@4+<4&4%@4>+'+&)<<46H)*>%*=+>'('+H'&J+@%'+(84+D*,E'<,W8)H+)<+9)"+8'@4+6";;%&%4*(+>'('
&'H'&%(9+)*+9)"<+:)#%$4+>4@%&4d6+WDa+&'<>+'*>+(84<4+%6+'*+'&(%@4+&)**4&(%)*+()+9)"<+@48%&$4+@%'
'+C%,R%+8)(6H)(B

F=$95*,(3+#9.52#'(5#(%*C52(>2C$

384+;)$$)7%*=+$%6(4>+6H4&%'$+;"*&(%)*6+%*+<'>%)+:)>4+:'9+*)(+#4+'@'%$'#$4+%*+'$$+D*;)('%*:4*(+696,
(4:6+>4H4*>%*=+)*+(84+&)"*(<9+'*>+(84+@48%&$4+4I"%H:4*(B

KO(3+#9.52#(
KO(3+#9.52#(H.%*3359(=%26%*>I
H.%*3359(=%26%*>I
384+3!+;"*&(%)*+:)*%()<6+(84+:466'=46+);+'+64(+(<';;%&+*476+6('(%)*+'*>+'"():'(%&'$$9+("*46+%(+%*
(84+&"<<4*(+<'>%)+:)>4+)<+:4>%'+H$'9#'&JB+D(+:"6(+#4+H)66%#$4+()+<4&4%@4+(84+(<';;%&+*476+6('(%)*B
W):4+6('(%)*6+7%(8)"(+(84%<+)7*+(<';;%&+H<)=<':+6(%$$+6"HH)<(+(84+3!+;"*&(%)*+"6%*=+'+&)<<4,
6H)*>%*=+(<';;%&+*476+6('(%)*+U1G/VB
C8%$4+%*+(84+.a+;<4I"4*&9+#'*>+)<+%*+:4>%'+:)>4L+'+(<';;%&+<4H)<(+6('(%)*+7%$$+#4+("*4>+'"():'(,
%&'$$9+%*+(84+#'&J=<)"*>L+'6+$)*=+'6+%(+&'*+#4+<4&4%@4>B
D;+%(+%6+*)(+H)66%#$4+()+<4&4%@4+'+(<';;%&+*476+6('(%)*L+!'1K9
!'1K9+'HH4'<6+)*+(84+>%6H$'9B+384+>4@%&4+'",
():'(%&'$$9+64'<&846+;)<+'+(<';;%&+*476+6('(%)*+(8'(+&'*+#4+<4&4%@4>B+.6+6))*+'6+'+*47+(<';;%&+*476
6('(%)*+&'*+#4+<4&4%@4>L+(84+6('("6+)*+(84+>%6H$'9+67%(&846+#'&J+()+K9K9B
3<';;%&+*476+6('(%)*6+'<4+*)(+'@'%$'#$4+%*+'$$+&)"*(<%46B
W7%(&8%*=+)*+(84+3!+;"*&(%)*

D*+<'>%)+)H4<'(%)*+)<+:4>%'+)H4<'(%)*L+('H+ + + 2'>%) +'*>+'&(%@'(4+ 3<';;%&+H<)=<':+U3!+;"*&,


(%)*V B

G#.$%#$.(%*C52
D*(4<*4(+2'>%)+%6+'+<4&4H(%)*+:)>4+;)<+%*(4<*4(+<'>%)+6('(%)*6+'*>+H)>&'6(6+%*>4H4*>4*($9+);+.aL
Ra+'*>+-.[B+-"4+()+%(6+(<'*6:%66%)*+)@4<+(84+%*(4<*4(L+<4&4%H(+%6+*)(+<4=%)*'$$9+$%:%(4>B
D*(4<*4(+<'>%)+%6+)*$9+'@'%$'#$4+%;+(84+D*;)('%*:4*(+696(4:+8'6+'*+'&(%@4+D*(4<*4(+&)**4&(%)*B
E)6(6+;)<+6(<4':%*=+>'('+)*$%*4+:'9+<46"$(+784*+"6%*=+D*(4<*4(+<'>%)B

L14%5C(%*C52
C84*+89#<%>+<'>%)+%6+67%(&84>+)*L+%;+<4&4H(%)*+%*+(84+RaY-.[+;<4I"4*&9+#'*>+%6+H))<L+(84+<'>%)
67%(&846+()+(84+6':4+6('(%)*+%*+%*(4<*4(+<'>%)+:)>4B
-4H4*>%*=+)*+(84+64((%*=L+67%(&8%*=+('J46+H$'&4+'"():'(%&'$$9+)<+:"6(+#4+&)*;%<:4>+)*+(84
>%6H$'9B
.6+$)*=+'6+(84+6('(%)*+%6+<4&4%@4>+%*+%*(4<*4(+<'(%)+:)>4L+Y\0XZ
Y\0XZ+7%$$+#4+>%6H$'94>+*45(+()+(84+6(',
(%)*+*':4B
.6+6))*+'6+(84+6('(%)*+&'*+#4+<4&4%@4>+'='%*+@%'+RaY-.[L+(84+<'>%)+'"():'(%&'$$9+67%(&846+()+(84
RaY-.[+;<4I"4*&9+#'*>B
.&(%@'(%*=+89#<%>+<'>%)

D*+(84+RaY-.[+;<4I"4*&9+#'*>L+('H+ + + .>@'*&4>+64((%*=6 +'*>+'&(%@'(4+ +.>>%(%)*'$+)*$%*4


>'(' B
D*+%*(4<*4(+<'>%)+:)>4L+('H+ +'*>+64(+(84+'">%)+I"'$%(9+;)<+D*(4<*4(+2'>%)+<4&4H(%)*+()+ 8%=8
)<+ $)7 B

LA(@*C52d(K$9/#2,261
W):4+.a+'*>+Ra+<'>%)+6('(%)*6+(<'*6:%(+(84%<+H<)=<':+'$6)+>%=%('$$9+@%'+K-+2'>%)z+34&8*)$)=9B
C84*+(84+;"*&(%)*+%6+'&(%@'(4>+%*+64((%*=6+%*+(84+.a+)<+RaY-.[+;<4I"4*&9+#'*>+'*>+(84+&"<<4*(
6('(%)*+6"HH)<(6+K-+2'>%)z+34&8*)$)=9L+(84+;"*&(%)*+J49+ +'HH4'<6+)*+(84+D*;)('%*:4*(+696,
(4:+>%6H$'9B+384+D*;)('%*:4*(+696(4:+67%(&846+'"():'(%&'$$9+#4(744*+>%=%('$+'*>+'*'$)=+<4&4H,
(%)*+>4H4*>%*=+)*+(84+<4&4H(%)*+I"'$%(9B+D;+(84+6('(%)*+%6+&"<<4*($9+<4&4%@4>+%*+'*'$)=+:)>4L+(84
;"*&(%)*+J49+%6+=<'94>+)"(B
W):4+6('(%)*6+);;4<+'>>%(%)*'$+6"#6('(%)*6+@%'+K-+2'>%)z+34&8*)$)=9+U:"$(%&'6(+H<)=<'::%*=VB+D;
(8%6+%6+(84+&'64L+N)G
N)G+%6+>%6H$'94>+';(4<+(84+6('(%)*+;<4I"4*&9+);+(84+:'%*+6('(%)*B+W"#6('(%)*6+'<4
:'<J4>+'&&)<>%*=$9+7%(8+N)UN)UL+N)H
N)H+4(&B
3"*%*=+(84+K-+2'>%)z+6"#6('(%)*6

+3'H+ +()+&9&$4+(8<)"=8+(84+'@'%$'#$4+6"#6('(%)*6B

384+'@'%$'#$4+6"#6('(%)*6+);+(84+&"<<4*(+6('(%)*6+'<4+>%6H$'94>+)*+(84+6('(%)*+$%6(B

5K+#$'(.*665#6
C84*+'+6('(%)*+%6+<4&4%@4>+@%'+K-+2'>%)z+34&8*)$)=9+)<+gW%<%"6qazhL+(84+(<'&J+%*;)<:'(%)*+U6)*=
('=V+;)<+'+(<'&J+(8'(+%6+H$'9%*=+&'*+#4+(<'*6;4<<4>+()+'+&)**4&(4>+%!)>B+n)"+&'*+<4'>)"(+(8%6+(<'&J
%*;)<:'(%)*+$'(4<+()+'+&):H"(4<B
D;+'*+%!)>+%6+&)**4&(4>L+(84+(<'&J+%*;)<:'(%)*+%6+'"():'(%&'$$9+6'@4>+()+%(B
D;+'*+%!)>+%6+*)(
*)(+&)**4&(4>L+(<'&J+%*;)<:'(%)*+&'*+#4+6()<4>+;)<+"H+()+\P+(<'&J6+%*+(84+D*;)('%*,
:4*(+696(4:+)*+'+K"%1,$*&
K"%1,$*&B+384+*45(+(%:4+'*+%!)>+%6+&)**4&(4>L+(84+(<'&J+%*;)<:'(%)*+%6+'"(),
:'(%&'$$9+(<'*6:%((4>+'*>+>4$4(4>+;<):+(84+K"%1,$*&
K"%1,$*&+%*+(84+D*;)('%*:4*(+696(4:B
384+K"%1,$*&
K"%1,$*&+&'*+#4+>4$4(4>+:'*"'$$9+%*+(84+64((%*=6+%*+(84+.a+)<+RaY-.[+;<4I"4*&9+#'*>B
W'@%*=+(84+(<'&J+%*;)<:'(%)*

3'H+ +()+6'@4+(84+(<'&J+%*;)<:'(%)*+;)<+(84+(<'&J+&"<<4*($9+#4%*=+H$'94>B

.$<4'>9+6'@4>+(<'&J6+'<4+:'<J4>+)*+(84+>%6H$'9+7%(8+ B

F.*.52#(,262'
W('(%)*+$)=)6+&'*+#4+H<4%*6('$$4>+;)<+6):4+;<4I"4*&9+#'*>6+%*+(84+D*;)('%*:4*(+696(4:B
C84*+ ."():'(%&+64$4&(%)*+);+6('(%)*+$)=)6 +%6+'&(%@'(4>+%*+(84+64((%*=6+%*+(84+RaY-.[+;<4I"4*&9
#'*>L+(84+6('(%)*+$)=)6+'<4+'"():'(%&'$$9+'66%=*4>+()+(84+6('(%)*6B
D*+%*(4<*4(+<'>%)+:)>4L+(84+D*;)('%*:4*(+696(4:+)#('%*6+(84+6('(%)*+$)=)6+;<):+'*+)*$%*4+>'(',
#'64+'*>+'66%=*6+(84:+'"():'(%&'$$9+()+(84+6('(%)*6B
.66%=*%*=+6('(%)*+$)=)6+:'*"'$$9

D*+RaY-.[+:)>4L+('H+ + + 2'>%) + + W('(%)*+$)=)6 B


W4$4&(+(84+6('(%)*+()+78%&8+'+6('(%)*+$)=)+68)"$>+#4+'66%=*4>B
W4$4&(+(84+6('(%)*+$)=)B
38%6+H<)&466+&'*+#4+<4H4'(4>+;)<+'>>%(%)*'$+6('(%)*6B
1*>+(84+'66%=*:4*(+);+6('(%)*+$)=)6+7%(8+ B

)$C5*(>2C$
G#.%2C+9.52#

D*+:4>%'+:)>4+9)"+&'*+H$'9+#'&J+:4>%'+>'('+;<):+>'('+:4>%'+'*>+6(<4':%*=+64<@%&46+%*+(84+D*,
;)('%*:4*(+696(4:B
-4H4*>%*=+)*+(84+@48%&$4+4I"%H:4*(L+(84+;)$$)7%*=+>'('+:4>%'+&'*+#4+"64>T
— FW[+6()<'=4+:4>%'+U4B=B+FW[+6(%&J+)<+'+FW[,&)**4&(4>+&4$$+H8)*4VB
— [$"4())(8f+>4@%&4+U4B=B+&4$$+H8)*4L+('#$4(VB

-4H4*>%*=+)*+(84+@48%&$4+4I"%H:4*(L+(84+;)$$)7%*=+(9H46+);+:4>%'+;%$46+&'*+#4+H$'94>T
— .">%)+;%$46+U4B=B+:"6%&L+'">%)+#))J6VB
— X%>4)+;%$46B

n)"+&'*+'$6)+"64+6(<4':%*=+64<@%&46B+384+'@'%$'#%$%(9+);+(8%6+(4&8*)$)=9+>4H4*>6+)*+(84+@48%&$4
4I"%H:4*(+'*>+(84+&)"*(<9B
3)+"64+6(<4':%*=+64<@%&46+9)"+<4I"%<4+'+"64<+'&&)"*(+;)<+(84+6(<4':%*=+64<@%&4B

!=$#(
!=$#(O0)MB
O0)MB(>$#+
(>$#+
— 3'H+ KGa1 + + + + +[<)764< B

GH4*+64(,"H
— 3'H+ KGa1 + + + + + + a4>%' B

@$'.%59.52#'(*#C(5#'.%+9.52#'(32%(C*.*(9*%%5$%'
-%<(9L+)@4<84'(4>+)<+>':'=4>+>'('+:4>%'+'<4+*)(+()+#4+"64>B+24'>+'*>+;)$$)7+(84+%*;)<:'(%)*
H<)@%>4>+#9+(84+:'*";'&("<4<B
-%;;4<4*&4+%*+I"'$%(9+#4(744*+>'('+:4>%'+;<):+>%;;4<4*(+:'*";'&("<4<6+&'*+&'"64+H<)#$4:6+7%(8
:4>%'+H$'9#'&JB
C<)*=+&)*;%="<'(%)*+);+>'('+:4>%'+&'*+$4'>+()+(84+>'('+:4>%'+#4%*=+"*<4'>'#$4B
384+6()<'=4+@)$":4L+&)*>%(%)*+U&)H9+'*>+>4$4(4+H<)&46646VL+;%$4+696(4:L+;)$>4<+6(<"&("<4+'*>+(84
':)"*(+);+6'@4>+>'('+&'*+%*&<4'64+(84+(%:4+('J4*+()+<4'>+>'('+:4>%'B
!$'9$%6(6+)*$9+8'@4+)*4+)<>4<+);+H$'9+'*>+<4;4<+()+(84+6'@4>+$)&'(%)*+);+(84+:4>%'+;%$46+7%(8%*+(84
;)$>4<+6(<"&("<4B+/)+:4>%'+;%$46+'<4+6'@4>+%*+H$'9$%6(6B+3)+H$'9+'+H$'9$%6(L+(84+:4>%'+;%$46+:"6(+#4
H<464*(+%*+(84+>'('+6()<'=4+>4@%&4+:4:)<9+$)&'(%)*L+()+78%&8+(84+H$'9$%6(+<4;4<6B

X)$J67'=4*+%6+*)(+<46H)*6%#$4+;)<+>':'=4>+)<+$)6(+;%$46+)*+>'('+&'<<%4<6B

;[+5=>$#.(3$*.+%$'(*#C(>$C5*('1>42,'
:+C52P(>$C5*P(92##$9.585.1X
— a4>%'+H$'9#'&J+'*>+:4>%'+&)*(<)$+@%'+[$"4())(8fB
— .">%)+H$'9#'&J+%*+(8464+;)<:'(6T
— ..EB
— .b.EB
— .XDB
— Rb.EB
— a!OB
— a!ZB
— Ca.B

— X%>4)+H$'9#'&J+%*+(8464+;)<:'(6T
— a!10,N+'*>+a!10,Q+UB:H=L+B:H4=VB
— DWG+a!10Zm+-%@q+OL+Z+'*>+\+q@%>+UB'@%VB
— DWG+a!10Z+KBQ]Z+UB:HZL+B:Z@L+B:)@VB
— C%*>)76+a4>%'+X%>4)+NP+UB7:@L+B'6;VB

— E<)66,>4@%&4+H$'9$%6(6B
— E<)66,6)"<&4+:4>%'+>'('#'64T
— -'('+;<):+'$$+:4>%'+6)"<&46+&)**4&(4>+()+(84+D*;)('%*:4*(+696(4:+'<4+6()<4>+%*+'+:4>%'
>'('#'64B

— a4>%'+6(<4':%*=+U)*$%*4VB
— a4>%'+64'<&8B

F1>42,'(32%(>$C5*('2+%9$'

W4$4&(+O-17/3$"
O-17/3$"+'6+'+:4>%'+6)"<&4B+E)**4&(4>+FW[+>4@%&46+:'9+#4+64$4&(4>+"*>4<+O-
O-
7/3$"
7/3$"B

W4$4&(+'+>4@%&4+&)**4&(4>+@%'+[$"4())(8f+'6+'+:4>%'+6)"<&4B

W4(+"H+'@'%$'#$4+6(<4':%*=+64<@%&46B
W(<4':%*=+64<@%&46+78%&8+8'@4+'$<4'>9+#44*+64(+"H+'<4+<4H<464*(4>+#9+(84%<+)7*+$)=)6+%*
(84+$%6(+);+:4>%'+6)"<&46B

Q$#$%*,('1>42,'(32%(>$C5*(2=$%*.52#

W('<(+<4H$'9B

!'"64+<4H$'9B

0)+()+(84+H<4@%)"6+(<'&JB
WJ%H+()+(84+*45(+(<'&JB

24H4'(6+(84+&"<<4*(+(<'&JB

24H4'(6+'$$+(<'&J6B

.&(%@'(4+<'*>):+H$'9#'&JB

-%6H$'9+;'@)<%(46+$%6(B
0)+#'&J+)*4+;)$>4<+$4@4$+%*+(84+:4>%'+6)"<&4B

F1>42,'(32%(9*.$62%5$'(*#C(6%2+='(23(>$C5*(35,$'

a"6%&+(<'&J6B

X%>4)6B

!$'9$%6(6B

.$#":6B

.<(%6(6B

04*<46B

!)>&'6(6B

.">%)#))J6B

75C$2(%$=,*1('1>42,'

24H$'9+@%>4)+%*+;"$$,6&<44*+:)>4B

a%*%:%?4+<4H$'9B

F$,$9.5#6(*#C(=,*15#6(*(>$C5*('2+%9$

F$,$9.5#6(*(>$C5*('2+%9$
.+:4>%'+6)"<&4+:"6(+#4+&)**4&(4>+#4;)<4+:4>%'+>'('+&'*+#4+H$'94>+#'&JB
384<4+:"6(+#4+'*+%*(4<*4(+&)**4&(%)*+()+"64+6(<4':%*=+64<@%&46B

NB+ E)**4&(+(84+45(4<*'$+:4>%'+6)"<&4+U()+H$'9#'&J+;<):+'*+45(4<*'$+:4>%'+6)"<&4VB
QB+ W4$4&(+(84+&)**4&(4>+:4>%'+6)"<&4+()+#4+"64>+;)<+H$'9#'&JB

(O,*15#6(*+C52(*#C(85C$2(35,$'
384<4+'<4+>%;;4<4*(+7'96+()+64'<&8+;)<+'*>+H$'9+:4>%'+;%$46+;<):+'*+'@'%$'#$4+:4>%'+6)"<&4B
+W4'<&8%*=+(84+;)$>4<+6(<"&("<4

.$$+:4>%'+;%$46+);+FW[+>4@%&46+'<4+;%$(4<4>+#9+&'(4=)<9+U4B=B+'$#":L+'<(%6(L+(<'&JVB+38%6+&'(4=)<9
@%47+%6+'$7'96+>%6H$'94>+D*+O-1O/3$"
O-1O/3$"B+384+&$'66%&+;)$>4<+6(<"&("<4+);+(84+%*>%@%>"'$+FW[+>'('+:4,
>%'+&'*+'$6)+#4+;)"*>+"*>4<+O-1O/3$"
O-1O/3$"B

NB+ -%6H$'9+(84+;)$>4<+6(<"&("<4B
384+;)$>4<+6(<"&("<4+);+(84+64$4&(4>+:4>%'+6)"<&4+%6+>%6H$'94>B+D;+O-1O/3$"
O-1O/3$"+%6+64$4&(4>L+(84
&'(4=)<%46+U:"6%&L+@%>4)6L+H$'9$%6(6V+'*>+&)**4&(4>+:4>%'+6)"<&46+'<4+>%6H$'94>B
QB+ W4'<&8%*=+(84+;)$>4<+6(<"&("<4+;)<+'+>46%<4>+(<'&JB
G2T
G2T+3)+6('<(+(84+;"$$,(45(+64'<&8L+('H+ B+384+%*H"(+$%*4+%6+>%6H$'94>B
OB+ 1*(4<+(84+*':4+);+(84+>46%<4>+(<'&JB+384+$%6(+);+(84+;)"*>+(<'&J6+"H>'(46+'"():'(%&'$$9+>"<,
%*=+%*H"(B
ZB+ 3'H+(84+>46%<4>+(<'&JB
C84*+H$'9#'&J+6('<(6L+%;+(84+64$4&(%)*+%6+$)&'(4>+%*+'+;)$>4<+)*+'+:4>%'+6)"<&4L+'$$+);+(84+:4,
>%'+;%$46+$)&'(4>+%*+(84+;)$>4<+7%$$+#4+'>>4>+;)<+H$'9#'&JB
D;+'+H$'9$%6(+%6+H$'94>+#'&JL+'$$+'@'%$'#$4+(<'&J6+)*+(84+H$'9$%6(+7%$$+#4+'>>4>+;)<+H$'9#'&JB
\B+ E$)64+(84+64$4&(%)*+7%(8+ B

+W4$4&(%*=+;<):+;'@)<%(46

n)"+&'*+6'@4+%*>%@%>"'$+(<'&J6L+=4*<46L+'<(%6(6+'*>+'$#":6+"*>4<+;'@)<%(46+;)<+H$'9#'&JB

NB+ GH4*+;'@)<%(46B
QB+ 3'H+)*+9)"<+;'@)<%(46B

-4H4*>%*=+)*+(84+64$4&(%)*L+'$$+(<'&J6+84'<>+>"<%*=+H$'9#'&J+7%$$+#4+'>>4>+()+;'@)<%(46B

(F$..5#6(+=('.%$*>5#6('$%859$'
-4H4*>%*=+)*+(84+4I"%H:4*(L+9)"+&'*+"64+6(<4':%*=+64<@%&46+>%<4&($9+(8<)"=8+(84+D*;)('%*:4*(
696(4:B+n)"+*44>+'*+45%6(%*=+"64<+H<);%$4+;)<+(84+<46H4&(%@4+6(<4':%*=+64<@%&4+'*>+:"6(+"64+%(+()
$)=+%*()+(84+D*;)('%*:4*(+696(4:B+.*+%*(4<*4(+&)**4&(%)*+%6+'$6)+<4I"%<4>+;)<+"64B

NB+ W4$4&(+A&6/"7$(%
A&6/"7$(%+'6+(84+:4>%'+6)"<&4B
.+$%6(+);+'@'%$'#$4+6(<4':%*=+64<@%&46+%6+>%6H$'94>B
QB+ W4$4&(+(84+>46%<4>+6(<4':%*=+64<@%&4B
384+%*H"(+;%4$>+;)<+4*(4<%*=+$)=%*+>'('+%6+>%6H$'94>B
OB+ 1*(4<+(84+$)=%*+>'('+;)<+(84+>46%<4>+"64<+H<);%$4+'*>+&)*;%<:B
384+6(<4':%*=+64<@%&46+7%$$+#4+'>>4>+'6+'+*47+;"*&(%)*+J49+%*+(84+$%6(+);+:4>%'+6)"<&46B

(F*85#6(3*82%5.$'
G*$9+:4>%'+;%$46+(8'(+'<4+6'@4>+%*+(84+%*(4<*'$+:4:)<9+UA"J4#)5V+);+(84+D*;)('%*:4*(+696(4:+&'*
'*+#4+6'@4>+'6+;'@)<%(46B+n)"+&'*+6'@4+%*>%@%>"'$+(<'&J6L+'$#":6L+'<(%6(6+'*>+=4*<46+'6+;'@)<%(46B

NB+ W('<(+<4H$'9B
QB+ GH4*+;'@)<%(46B
OB+ 3'H+ B
G2T
G2T+('H+)*+'*+'$<4'>9+)&&"H%4>+;'@)<%(4+H)6%(%)*+'*>+8)$>+;)<+'HH<)5B+O+64&)*>6B

ZB+ W4$4&(+;<):+(84+64$4&(%)*+$%6(T
— 3%($4B
— .$#":B
— .<(%6(B
— 04*<46B
— !$'9$%6(B

384+64$4&(%)*+%6+6'@4>+%*+(84+64$4&(4>+;'@)<%(4+H)6%(%)*+'6+'+;'@)<%(4B+D;+(84+;'@)<%(4+H)6%(%)*+7'6
'$<4'>9+)&&"H%4>L+(84+H<4@%)"6$9+6'@4>+;'@)<%(4+%6+)@4<7<%((4*B
384+64$4&(%)*+)H(%)*6+%*+(84+64$4&(%)*+$%6(+>4H4*>+)*+(84+>'('+'(('&84>+()+(84+:4>%'+;%$4B+D;+'
=4*<4+%6+*)(+%*>%&'(4>+;)<+:"6%&+;%$46L+(84+=4*<4+&'**)(+#4+6'@4>+'6+'+;'@)<%(4B
D;+'+@%>4)+;%$4+%6+&"<<4*($9+#4%*=+<4H$'94>L+)*$9+(8%6+@%>4)+&'*+#4+6'@4>+'6+'+;'@)<%(4B

;#.$%.*5#>$#.(=,*14*90(85*(./$(G#32.*5#>$#.('1'.$>

384+D*;)('%*:4*(+696(4:+&'*+H$'9+@%>4)6+%*+'>>%(%)*+()+:"6%&B

75C$2(>2C$
D*+X%>4)+:)>4L+(84+D*;)('%*:4*(+696(4:+>%6H$'9+&'*+H$'9+'+@%>4)+;<):+'+@48%&$4+:4>%":L+;<):
(84+%*(4<*'$+>'('+6()<'=4+)<+;<):+'+6(<4':%*=+64<@%&4B+C84*+>)%*=+6)L+(84+@%>4)+6)"*>+%6+H$'94>
(8<)"=8+(84+@48%&$4+6H4'J4<6B
384+@%>4)+%:'=4+%6+)*$9+>%6H$'94>+784*+(84+@48%&$4+%6+6('(%)*'<9B+384+D*;)('%*:4*(+696(4:+>%6,
H$'9+7%$$+#4+67%(&84>+);;+784*+(84+@48%&$4+%6+:)@%*=B+384+@%>4)+6)"*>+7%$$+&)*(%*"4+()+#4+H$'94>B
.+6('#$4+D*(4<*4(+&)**4&(%)*+%6+<4I"%<4>+;)<+H$'9#'&J+@%'+'+6(<4':%*=+64<@%&4B+384<4+:'9+#4+&)6(6
'66)&%'(4>+7%(8+9)"<+:)#%$4+*4(7)<J+H<)@%>4<+;)<+>)%*=+6)B

J*856*.52#

G#.%2C+9.52#
384+&"<<4*(+@48%&$4+H)6%(%)*+%6+>4(4<:%*4>+#9+'+=$)#'$+6'(4$$%(4+696(4:B+.$$+:4'6"<%*=+@'$"46+'*>
H)66%#$4+(<';;%&+<4H)<(6+'<4+&):H'<4>+7%(8+(84+'@'%$'#$4+:'H+:'(4<%'$+()+4*'#$4+)H(%:":+*'@%=',
(%)*+()+9)"<+>46(%*'(%)*B
n)"+)H4<'(4+(84+*'@%='(%)*+696(4:+)*+(84+6&<44*B
.">%#$4+*'@%='(%)*+'%>6+'*>+=<'H8%&+<4H<464*('(%)*6+$4'>+9)"+()+9)"<+>46(%*'(%)*B
-4H4*>%*=+)*+(84+&)"*(<9L+%(+:'9+*)(+#4+H)66%#$4+()+64$4&(+6):4+D*;)('%*:4*(+696(4:+;"*&(%)*6
)*+(84+6&<44*+784*+><%@%*=+'#)@4+'+&4<('%*+6H44>B+38%6+%6+*)(+'+:'$;"*&(%)*L+#"(+<'(84<+&):H$%,
'*&4+7%(8+$4='$+<4="$'(%)*6B

C.2/D/0
G*$9+'>A"6(+64((%*=6L+4*(4<+>46(%*'(%)*6L+)<+&8'*=4+*'@%='(%)*+%*;)<:'(%)*+784*+(84+@48%&$4+%6
6('(%)*'<9B

D;+'+A"*&(%)*+)<+("<*%*=+%6+:%664>+)*+9)"<+<)"(4L+(84+*'@%='(%)*+696(4:+<4&'$&"$'(46+(84
<)"(4+%;+H)66%#$4B

384+I"'$%(9+);+(84+><%@%*=+>%<4&(%)*6+>4H4*>6+)*+(84+'@'%$'#$4+*'@%='(%)*+>'('+'*>+'*9
<4H)<(4>+(<';;%&+%*&%>4*(6B

7259$(6+5C*#9$
/'@%='(%)*+:466'=46+'<4+'">%#$4+><%@%*=+*)(46+<4$'(%*=+()+(84+&"<<4*(+<)"(4B
384+(9H4+'*>+;<4I"4*&9+);+*'@%='(%)*+:466'=46+>4H4*>6+)*+(84+><%@%*=+6%("'(%)*L+;)<+45':H$4L
(84+6('<(+);+(84+<)"(4+="%>'*&4L+784(84<+9)"+'<4+><%@%*=+)*+'+8%=87'9+)<+<)"*>'#)"(+'*>+9)"<
64((%*=6B
D;+(84+>46(%*'(%)*+&'**)(+#4+<4'&84>+45'&($9L+;)<+45':H$4L+#4&'"64+%(+%6*d(+%*+'+>%=%(%?4>+'<4'L
(84<4+7%$$+#4+'+*'@%='(%)*+:466'=4+()+6'9+(8'(+(84+g-46(%*'(%)*+'<4'h+8'6+#44*+<4'&84>B+/)(46
'#)"(+(84+>%<4&(%)*+'*>+>%6('*&4+()+9)"<+>46(%*'(%)*+7%$$+'$6)+#4+>%6H$'94>+)*+(84+6&<44*B
-"<%*=+>9*':%&+<)"(4+="%>'*&4L+<4H)<(4>+(<';;%&+%*&%>4*(6+)*+(84+<)"(4+'<4+'**)"*&4>B+384<4+7%$$
#4+'*)(84<+*'@%='(%)*+:466'=4+%;+(84+<)"(4+%6+<4&'$&"$'(4>+>"4+()+'+(<';;%&+%*&%>4*(+)<+'+&8'*=4+%*
><%@%*=+6(9$4+UM+/'@%='(%)*L+R"*&(%)*V B
384+@)$":4+);+*'@%='(%)*+'**)"*&4:4*(6+&'*+#4+'>A"6(4>+78%$4+)*4+%6+H$'9%*=B+.$$+)(84<+*'@%=',
(%)*+'**)"*&4:4*(6+7%$$+H$'9+'(+(8'(+@)$":4B

/'@%='(%)*+:466'=46+'<4+*)(+H$'94>+%;+(84+D*;)('%*:4*(+696(4:+%6+:"(4>B

J*856*.52#(%$'.%59.52#'
D;+(84+D*;)('%*:4*(+696(4:+&'**)(+<4&4%@4+>'('+;<):+0!W+6'(4$$%(46L+;)<+45':H$4L+%*+'+("**4$+)<+%*
'*+"*>4<=<)"*>+='<'=4L+*'@%='(%)*+7%$$+6(%$$+#4+H)66%#$4+"6%*=+(84+@48%&$4d6+64*6)<6B
D*+'<4'6+(8'(+'<4+*)(+>%=%(%?4>+)<+)*$9+H'<(%'$$9+>%=%(%?4>+)*+(84+D*;)('%*:4*(+696(4:+:4:)<9L+(84
D*;)('%*:4*(+696(4:+7%$$+6(%$$+(<9+()+H<)@%>4+<)"(4+="%>'*&4B
D;+*'@%='(%)*+>'('+%6+:%66%*=+)<+%*&):H$4(4L+(84+@48%&$4+H)6%(%)*+:'9+*)(+#4+>4(4<:%*4>+'&&"<'(4,
$9B+38%6+:'9+<46"$(+%*+*'@%='(%)*+(8'(+%6+*)(+'6+'&&"<'(4+'6+"6"'$B
2)"(%*=+%6+6"#A4&(+()+)*=)%*=+&8'*=46L+;)<+45':H$4L+*47+6(<44(6L+&)*6(<"&(%)*+?)*46L+<)'>+&$),
6"<46L+)<+&8'*=46+()+6(<44(+*':46+)<+8)"64+*":#4<6B+F6%*=+)"(>'(4>+*'@%='(%)*+>'('+&'*+$4'>+()
4<<)<6+)<+"*&4<('%*(9+784*+"6%*=+<)"(4+="%>'*&4B

E2#.%2,(#*856*.52#(>*=
3)+4*6"<4+'*+)H(%:":+@%47L+9)"+&'*+'$6)+)H4<'(4+(84+*'@%='(%)*+:'H+"6%*=+;"<(84<+;%*=4<
:)@4:4*(6B
38464+45H'*>4>+)H(%)*6+'<4+>4H4*>4*(+)*+(84+@48%&$4+4I"%H:4*(B
a)@4+:'H

24&)::4*>'(%)*T+F64+%*>45+;%*=4<B
— +a)@4+(84+:'H+7%(8+9)"<+;%*=4<B

1*$'<=4+@%47

24&)::4*>'(%)*T+F64+%*>45+;%*=4<B
— 3)+?)):+%*+()+'+6H4&%;%&+H)6%(%)*L+('H+(84+:'H+(7%&4B

{)):+)"(+@%47

24&)::4*>'(%)*T+F64+%*>45+'*>+:%>>$4+;%*=4<B
— 3'H+(84+:'H+7%(8+(7)+;%*=4<6+'(+(84+6':4+(%:4B

E8'*=%*=+(84+@%47

24&)::4*>'(%)*T+F64+%*>45+;%*=4<B
— 3'H+(84+:'H+(7%&4+'*>+(84*+H<466+'*>+8)$>+9)"<+;%*=4<+()+(84+6&<44*B
— 3)+?)):+)"(+);+(84+:'H+@%47L+:)@4+9)"<+;%*=4<+"H7'<>6B+3)+?)):+%*+)*+(84+:'H+@%47L+:)@4
9)"<+;%*=4<+>)7*7'<>6B

E8'*=%*=+(84+@%47

24&)::4*>'(%)*T+F64+(8":#+'*>+%*>45+;%*=4<B
— 3'H+)*+(84+:'H+7%(8+(7)+;%*=4<6+'(+(84+6':4+(%:4+'*>+8)$>+9)"<+;%*=4<6+)*+(84+6&<44*B
— 3)+?)):+)"(+);+(84+:'H+@%47L+6$%>4+9)"<+;%*=4<6+()7'<>6+4'&8+)(84<B+3)+?)):+%*+)*+(84+:'H
@%47L+6$%>4+9)"<+;%*=4<6+'7'9+;<):+4'&8+)(84<B

3%$(+@%47

24&)::4*>'(%)*T+F64+%*>45+'*>+:%>>$4+;%*=4<B
— 3'H+)*+(84+:'H+7%(8+(7)+;%*=4<6L+84$>+8)<%?)*('$$9+*45(+()+4'&8+)(84<L+'(+(84+6':4+(%:4+'*>
8)$>+9)"<+;%*=4<6+)*+(84+6&<44*B
— 3)+(%$(+(84+:'H+@%47+()+(84+;<)*(L+:)@4+9)"<+;%*=4<6+"H7'<>6B+3)+(%$(+(84+:'H+@%47+()+(84+#'&JL
:)@4+9)"<+;%*=4<6+>)7*7'<>6B

3"<*+:'H
24&)::4*>'(%)*T+F64+(8":#+'*>+%*>45+;%*=4<B
— 3'H+)*+(84+:'H+7%(8+(7)+;%*=4<6+'(+(84+6':4+(%:4+'*>+8)$>+9)"<+;%*=4<6+)*+(84+6&<44*B
— 3"<*+9)"<+;%*=4<6+&$)&J7%64+)<+'*(%,&$)&J7%64+()+("<*+(84+:'H+@%47B

F*8$C(C*.*
384+D*;)('%*:4*(+696(4:+6'@46+&4<('%*+>'('L+;)<+45':H$4L;<4I"4*($9+><%@4*+<)"(46+'*>+H)6%(%)*,
%*=+>'('L+()+4*'#$4+I"%&J+>46(%*'(%)*+<4(<%4@'$+'*>+()+)H(%:%?4+<)"(4+="%>'*&4B
-4$4(4+6'@4>+>'('

— 3'H+)*+ W4(,"H + + ['6%&+64((%*=6 + + -4$4(4+"64<+#48'@%)< B

;[+5=>$#.(*#C('1>42,'(23(./$(#*856*.52#('1'.$>

J*856*.52#
384+;"*&(%)*6+);+(84+*'@%='(%)*+696(4:+:'9+>%;;4<+>4H4*>%*=+)*+(84+4I"%H:4*(+'*>+&)"*(<9B
1I"%H:4*(

— -46(%*'(%)*+%*H"(+'*>+<)"(4+&'$&"$'(%)*B
— W%:"$('*4)"6+>%6H$'9+);+(7)+*'@%='(%)*+:'H6+U6&<44*+'*>+%*6(<":4*(+&$"6(4<VB
— G*$%*4+:'H+"H>'(4B
— !4<6)*'$+>46(%*'(%)*6B
— O-+E%(9+a'H6B
— G*$%*4+3<';;%&+D*;)<:'(%)*L+4B=B+>9*':%&+!GD6+)<+(<';;%&+<4H)<(6B
— O]Pk+<'*=4+>%6H$'9+U4$4&(<%&+'*>+89#<%>+@48%&$46VB

F1>42,'(2#(./$(>*=
384+;"*&(%)*+J496+'*>+>%6H$'96+68)7*+>4H4*>+)*+(84+64((%*=6+'*>+(84+&"<<4*(+><%@%*=+6%("'(%)*B
W9:#)$6+;)<+(<';;%&+<4H)<(6+'*>+!GD6+6"&8+'6+='6+6('(%)*6L+<'%$7'9+6('(%)*6+)<+%*(4<46(%*=+7'9,
H)%*(6+'<4+>%6H$'94>+)*+(84+:'H+%;+(84+>'('+%6+'@'%$'#$4+()+(84+*'@%='(%)*+696(4:+UM+/'@%='(%)*L
F64V B

E"<<4*(+H)6%(%)*B

.>>%(%)*'$+<)"(4+="%>'*&4+)H(%)*6B

-%6H$'9+*'@%='(%)*+:'HB

GH4*+&)*('&(+$%6(B

/'@%='(%)*+64((%*=6B

-%'$)=+#)5+7%(8+'>>%(%)*'$+)H(%)*6B
-%'$)=+#)5+7%(8+<)"(4+)H(%)*6B

E4*(4<+:'H+)*+(84+&"<<4*(+H)6%(%)*B

.$%=*+:'H+()+(84+*)<(8B

D*;)<:'(%)*+<4='<>%*=+&"<<4*(+<)"(4+="%>'*&4B
a'H+6&'$4B

F1>42,'(5#(./$(C5*,26(42<
— 3)+)H4*+(84+'>>%(%)*'$+7%*>)7L+('H+)*+ B

E4*(4<+:'H+)*+(84+&"<<4*(+H)6%(%)*B

2)"(4+)H(%)*6+'*>+%*;)<:'(%)*+<4='<>%*=+&"<<4*(+<)"(4+="%>'*&4B

2'*=4+O]P+>%6H$'9B

24H4'(6+(84+$'6(+*'@%='(%)*+'**)"*&4:4*(B

X)$":4+;)<+*'@%='(%)*+%*6(<"&(%)*6B

:CC5.52#*,('1>42,'

W(4H+#9+6(4H+>46(%*'(%)*+%*H"(+;)<+'*+'>><466B

F1>42,'(5#(./$(%2+.$(=,*#

E"<<4*(+H)6%(%)*B

-46(%*'(%)*+;)<+(84+&"<<4*(+<)"(4+="%>'*&4B

E$)64+<)"(4+H$'*B

F1>42,'(32%(O!G'
!GD6+'<4+>%6H$'94>+)*+(84+:'H+%;+(84+>'('+%6+'@'%$'#$4+()+(84+*'@%='(%)*+696(4:B
3'H+(84+>46%<4>+!GD+()+6('<(+<)"(4+="%>'*&4+UM+/'@%='(%)*L+GH4<'(%)*V B

1$4&(<%&+@48%&$4+&8'<=%*=+6('(%)*B

R%$$%*=+6('(%)*B

E'<+H'<JB

3)"<%6(+%*;)<:'(%)*B

2'%$7'9+6('(%)*B
246('"<'*(B

F$.(=%$3$%%$C(O!G(9*.$62%5$'
384+696(4:+);;4<6+>%;;4<4*(+H)%*(6+);+%*(4<46(+U4B=B+='6+6('(%)*6V+"6%*=+(84+I"%&J+64$4&(+69:#)$
784*+4*(4<%*=+>46(%*'(%)*6L+%*+(84+<)"(4+H$'*+'*>+)*+(84+:'HB+n)"+&'*+H<%)<%(%?4+8)7+(8464+69:,
#)$6+'<4+>%6H$'94>+%*+ + + ['6%&+;"*&(%)*+64((%*=6 + + !<4;4<<4>+!GD+&'(4=)<%46 B+384+696(4:+'$6)
'"():'(%&'$$9+$4'<*6+9)"<+H<4;4<<4>+&'(4=)<%46B

K%*3359(%$=2%.'
3<';;%&+<4H)<(6+'<4+>%6H$'94>+)*+(84+:'H+%;+(84+>'('+%6+'@'%$'#$4+()+(84+*'@%='(%)*+696(4:+UM+/'@%,
='(%)*L+F64V B
3'H+'+(<';;%&+<4H)<(+()+)H4*+'+>%'$)=+#)5+7%(8+'>>%(%)*'$+>4('%$6+UM+/'@%='(%)*L+R"*&(%)*V B

W()H,'*>,=)+(<';;%&B

3<';;%&+A':B

.&&%>4*(B

D&4B

2)'>+&$)64>B

W$%H+8'?'<>B

-'*=4<B

E)*6(<"&(%)*+6%(4B

W(<)*=+7%*>B

J*856*.52#(C*.*

384+D*;)('%*:4*(+696(4:+%6+4I"%HH4>+7%(8+'*+%*(4<*'$+*'@%='(%)*+>'('+6()<'=4+:4>%":B+-4H4*>,
%*=+)*+(84+&)"*(<9L+(84+<4I"%<4>+*'@%='(%)*+>'('+:'9+'$<4'>9+#4+%*6('$$4>B
384+D*;)('%*:4*(+696(4:+'$7'96+<4I"%<46+"H,(),>'(4+*'@%='(%)*+>'('+()+4*6"<4+(8'(+<)"(4+="%>,
'*&4+&'*+#4+%:H$4:4*(4>+&)<<4&($9+'*>+(8'(+(84+;"*&(%)*6+H<)@%>4>+'<4+;"$$9+'@'%$'#$4B

/G3DE1
D;+9)"+"64+)"(>'(4>+*'@%='(%)*+>'('L+(84<4+:'9+#4+'>@4<64+4;;4&(6+)*+(84+*'@%='(%)*+696(4:B+D(
:'9+*)(+#4+H)66%#$4+()+>4(4<:%*4+"H,(),>'(4+<)"(46L+)<+<)"(4+="%>'*&4+:'9+="%>4+9)"+()+'*+%*,
&)<<4&(+>46(%*'(%)*B
● .$7'96+4*6"<4+(8'(+9)"<+*'@%='(%)*+>'('+%6+J4H(+"H,(),>'(4B

FH>'(%*=+*'@%='(%)*+>'('+)*$%*4
/'@%='(%)*+>'('+;)<+;<4I"4*($9+@%6%(4>+<4=%)*6+%6+'"():'(%&'$$9+"H>'(4>+%*+(84+#'&J=<)"*>+784*
(84<4+%6+'*+'&(%@4+D*(4<*4(+&)**4&(%)*L+%;+H4<:%((4>+#9+(84+64$4&(4>+H<%@'&9+64((%*=6+UM+!<%@'&9
64((%*=6L+-46&<%H(%)*V B
— /'@%='(%)*+>'('+%6+'"():'(%&'$$9+"H>'(4>+784*+(84+%=*%(%)*+%6+67%(&84>+)*B

."():'(%&+"H>'(%*=+);+*'@%='(%)*+>'('+%6+)*$9+H)66%#$4+%;+H4<:%((4>+#9+(84+64$4&(4>+H<%@',
&9+64((%*=6B+FH>'(%*=+7%$$+*)(+#4+&'<<%4>+)"(+%*+ga'5%:":+H<%@'&9h+:)>4+UM+!<%@'&9+64(,
(%*=6L+-46&<%H(%)*V B
FH>'(%*=+*'@%='(%)*+>'('+:'*"'$$9

FH,(),>'(4+*'@%='(%)*+>'('+;)<+$'<=4<+<4=%)*6L+6"&8+'6+C46(4<*+1"<)H4L+&'*+#4+>)7*$)'>4>+)*,
$%*4+'(+g777B@)$J67'=4*B&):h+'*>+6()<4>+)*+'+6"%('#$4+FW[+>'('+:4>%":L+'@'%$'#$4+()+#"9+%*
6()<46B+D;+(84+D*;)('%*:4*(+696(4:+%6+67%(&84>+);;+>"<%*=+(84+H<)&466L+%*6('$$'(%)*+%6+%*(4<<"H(4>
'*>+%(+7%$$+&)*(%*"4+'"():'(%&'$$9+)*&4+(84+696(4:+%6+("<*4>+)*+'='%*B

NB+ -)7*$)'>+'*>+6'@4+(84+*'@%='(%)*+>'('+)*()+'+FW[+>'('+:4>%":B
QB+ W7%(&8+(84+@48%&$4+%=*%(%)*+)*B
OB+ b%*J+(84+FW[+>'('+:4>%":+()+(84+D*;)('%*:4*(+696(4:B+384+*'@%='(%)*+>'('+;)<+;<4I"4*($9
><%@4*+<4=%)*6+%6+'"():'(%&'$$9+"H>'(4>+%*+(84+#'&J=<)"*>B

-)+*)(+>%6&)**4&(+(84+FW[+>'('+:4>%'+"*(%$+(84+*'@%='(%)*+>'('+8'6+#44*+;"$$9+"H>'(4>B
-)%*=+6)+7%$$+&'*&4$+(84+"H>'(4+H<)&466B
— 3)+>%6H$'9+(84+:'H+>'('+@4<6%)*L+('H+N5O0
N5O0+ + + +A-*&/71$(;'67"&$'(
A-*&/71$(;'67"&$'(B

C.2/D/0
FH>'(%*=+(84+*'@%='(%)*+>'('+78%$4+><%@%*=+&)"$>+<46"$(+%*+'&&%>4*(6+'*>+64<%)"6+%*A"<%46B
● G*$9+"H>'(4+(84+*'@%='(%)*+>'('+784*+(84+@48%&$4+%6+6('(%)*'<9B

F.*%.5#6(%2+.$(6+5C*#9$

-4H4*>%*=+)*+&)"*(<9+'*>+@48%&$4+4I"%H:4*(L+>%;;4<4*(+;"*&(%)*6+'<4+'@'%$'#$4+;)<+(84+%*H"(+);
>46(%*'(%)*6B
R)<+;"<(84<+%*;)<:'(%)*+'#)"(+69:#)$6+)*+(84+D*;)('%*:4*(+696(4:+6&<44*L+644+UM+/'@%='(%)*L
G@4<@%47V B
-46(%*'(%)*+%*H"(6+'<4+$)&'(4>+%*+(84+*'@%='(%)*+696(4:+:'%*+:4*"B
GH4*%*=+(84+*'@%='(%)*+696(4:+:'%*+:4*"

— +3'H+ KGa1 + + + + B

;#.$%(*CC%$''
1*(4<+'+J*)7*+'>><466+;)<+<)"(4+="%>'*&4B+-"<%*=+%*H"(L+(84+*'@%='(%)*+696(4:+6"==46(6+H)66%#$4
>46(%*'(%)*6B
W4$4&(%*=+(84+>46(%*'(%)*+'*>+6('<(%*=+(84+*'@%='(%)*+696(4:
NB+ 3'H+ + + +W4'<&8 B
G2T
G2T+3'H+ B
QB+ 1*(4<+(84+>46(%*'(%)*+'>><466+'*>+64$4&(+9)"<+>46%<4>+>46(%*'(%)*B
OB+ 3'H+ 2)"(4 B
G2T
G2T+3'H+ 0) B

e"%&J+6('<(

NB+ 3'H+ + + +W4'<&8 B


QB+ 1*(4<+(84+'>><466+'*>+H<466+)*+(84+>46%<4>+>46(%*'(%)*+;)<+'+;47+64&)*>6B

1*(4<+(84+>46(%*'(%)*+'6+'&&"<'(4$9+'6+H)66%#$4B+D;+(84<4+%6+'*+4<<)<+%*+(84+>46(%*'(%)*+4*,
(4<4>L+<)"(4+="%>'*&4+&'**)(+('J4+H$'&4+)<+:'9+$4'>+()+(84+7<)*=+>46(%*'(%)*B

O$%'2#*,(C$'.5#*.52#'
/'@%='(%)*+"646+6'@4>+>'('+6"&8+'6+(84+$'6(+>46(%*'(%)*L+$4'<*4>+>46(%*'(%)*6L+;'@)<%(46L+9)"<
8):4+'>><466+'*>+9)"<+7)<J+'>><466+()+H<)@%>4+9)"+7%(8+<)"(4+="%>'*&4B
W4$4&(%*=+(84+>46(%*'(%)*+'*>+6('<(%*=+(84+*'@%='(%)*+696(4:

NB+ 3'H+ + + !4<6)*'$+>46(%*'(%)*6 B


QB+ W4$4&(+9)"<+>46%<4>+>46(%*'(%)*B+2)"(4+="%>'*&4+6('<(6+'"():'(%&'$$9B

U*'.(C$'.5#*.52#'
384+*'@%='(%)*+696(4:+6'@46+"H+()+Q\+);+(84+:)6(+<4&4*(+>46(%*'(%)*6+()+:'J4+(84:+'@'%$'#$4+;)<
<)"(4+="%>'*&4B+.+*47+>46(%*'(%)*+'"():'(%&'$$9+)@4<7<%(46+(84+)$>46(+>46(%*'(%)*B
W4$4&(%*=+(84+>46(%*'(%)*+'*>+6('<(%*=+(84+*'@%='(%)*+696(4:

NB+ 3'H+ + + b'6(+>46(%*'(%)*6 B


QB+ 3'H+)*+(84+>46%<4>+>46(%*'(%)*B
OB+ 3'H+ 2)"(4 B

e"%&J+6('<(

NB+ 3'H+ + + b'6(+>46(%*'(%)*6 B


QB+ !<466+'*>+8)$>+(84+&8)64*+>46(%*'(%)*+;)<+'+;47+64&)*>6B

?*82%5.$(C$'.5#*.52#'
n)"+&'*+6'@4+"H+()+\P+A)"<*49+>46(%*'(%)*6+'6+;'@)<%(46B
W'@%*=+'+A)"<*49+>46(%*'(%)*+'6+'+;'@)<%(4

NB+ C8%$4+4*(4<%*=+'+>46(%*'(%)*L+('H+)*+ +%*+(84+'>>%(%)*'$+7%*>)7B


W4$4&(%*=+(84+>46(%*'(%)*+'*>+6('<(%*=+(84+*'@%='(%)*+696(4:

NB+ 3'H+ + + R'@)<%(46 B


QB+ 3'H+)*+(84+>46%<4>+>46(%*'(%)*B

OB+ 3'H+ 2)"(4 B

e"%&J+6('<(

NB+ 3'H+ + + R'@)<%(46 B

QB+ !<466+'*>+8)$>+(84+&8)64*+>46(%*'(%)*+;)<+'+;47+64&)*>6B

F$,$9.5#6(2#(./$(>*=
384+*'@%='(%)*+:'H+&)*('%*6+'&(%@4+'<4'6+'(+:'*9+H)%*(6+78%&8+'<4+6"%('#$4+;)<+(84+%*H"(+);+'
>46(%*'(%)*B+3)+>)+(8%6L+('H+)*+9)"<+>46%<4>+H)6%(%)*+)<+>46%<4>+$)&'(%)*+)*+(84+:'HB+D;+:'H+>'('+%6
'@'%$'#$4+'(+(8%6+H)%*(L+9)"+&'*+$'"*&8+<)"(4+="%>'*&4B
1*(4<%*=+'+>46(%*'(%)*+@%'+(84+*'@%='(%)*+:'H+%6+>4H4*>4*(+)*+>'('+6('("6+'*>+*)(+H)66%#$4+;)<+'$$
H)6%(%)*6B
D*+)<>4<+()+6('<(+'*+gG;;<)'>+*'@%='(%)*hL+('H+)*+'+;<44+'<4'+7%(8)"(+H)6%(%)*%*=+>'('+M+G;;<)'>
*'@%='(%)* B

!33%2*C(#*856*.52#
384+gG;;<)'>+*'@%='(%)*h+696(4:+&'$&"$'(46+<)"(46+()+64$4&(4>+>46(%*'(%)*+H)%*(6+7%(8+"*J*)7*
>'('B+D;+(84+>46(%*'(%)*+%6+*)(+$)&'(4>+)*+'+J*)7*+<)'>+)<+'(+'+J*)7*+H)6%(%)*L+(84+*'@%='(%)*+696,
(4:+7%$$+&'$&"$'(4+(84+<)"(4+"H+()+(84+*45(+H)%*(+)*+(84+J*)7*+<)'>+'*>+(84*+&):H$4(4+(84+<)"(4
()+(84+>46(%*'(%)*+"6%*=+'+6(<'%=8(+$%*4B
W('<(%*=+(84+*'@%='(%)*

NB+ 3'H+ B
QB+ !<466+'*>+6$%>4+(84+:'H+@%47+"*(%$+9)"+&'*+64$4&(+9)"<+>46%<4>+H)6%(%)*B+n)"+&'*+)H4<'(4+(84
*'@%='(%)*+:'H+"6%*=+45(4*>4>+;%*=4<+()"&846+UM+/'@%='(%)*L+D*(<)>"&(%)*Y=4*4<'$+%*;)<:',
(%)*V B
OB+ 3'H+(84+>46%<4>+>46(%*'(%)*+)<+'*9+H)%*(+)*+(84+:'H+7%(8)"(+H)6%(%)*%*=+>'('B
ZB+ 3'H+ 2)"(4 B
G2T
G2T+3'H+ W('<( B

W'5#6(92#.*9.(C*.*
W('<(+<)"(4+="%>'*&4+@%'+(84+6'@4>+'>><466+>'('+;)<+'+&)*('&(B+n)"+&'**)(+"64+&)*('&(6+;)<+78):
9)"+8'@4+*)(+6'@4>+'*9+'>><466+>'('+;)<+<)"(4+="%>'*&4B
W('<(%*=+(84+*'@%='(%)*

NB+ 3'H+ B
QB+ 3'H+)*+(84+>46%<4>+>46(%*'(%)*B
OB+ 3'H+ 2)"(4 B

/G3DE1
D;+(84+'>><466+>'('+;)<+9)"<+&)*('&(+%6+)"(+);+>'(4L+(84+<)"(4+="%>'*&4+7%$$+*4@4<(84$466+>%<4&(
9)"+()+(84+6()<4>+'>><466B+!$4'64+4*6"<4+(84+'>><466+;)<+9)"<+&)*('&(+%6+"H+()+>'(4B

K%*3359(5#32%>*.52#

384+D*;)('%*:4*(+696(4:+'"():'(%&'$$9+<4&4%@46+>4('%$4>+(<';;%&+%*;)<:'(%)*+784*+(84<4+%6+'*+'&,
(%@4+D*(4<*4(+&)**4&(%)*B+38%6+%*;)<:'(%)*+%6+>%6H$'94>+)*+(84+:'H+@%'+69:#)$6+'*>+&)$)<+&)>%*=
)*+(84+<)'>+*4(7)<JB

24&4H(%)*+);+(<';;%&+%*;)<:'(%)*+%6+)*$9+H)66%#$4+%;+H4<:%((4>+#9+(84+64$4&(4>+H<%@'&9+64(,
(%*=6B+3<';;%&+%*;)<:'(%)*+7%$$+*)(+#4+<4&4%@4>+%*+(84+ga'5%:":+H<%@'&9h+:)>4+UM+!<%@'&9
64((%*=6L+-46&<%H(%)*V B

K%*3359(%$=2%.'
3<';;%&+<4H)<(6+6"&8+'6+(<';;%&+A':6+)<+6()H,'*>,=)+(<';;%&+'<4+>%6H$'94>+)*+(84+*'@%='(%)*+:'H+'6
69:#)$6+UM+/'@%='(%)*L+G@4<@%47V B
D;+<)"(4+="%>'*&4+%6+'&(%@4L+(<';;%&+<4H)<(6+)*+(84+&"<<4*(+<)"(4+7%$$+#4+>%6H$'94>+)*+(84+<)"(4+H$'*B
n)"+&'*+'@)%>+(8464+(<';;%&+<4H)<(6+UM+/'@%='(%)*L+R"*&(%)*V B

K%*3359(3,2"(C5'=,*1
384+(<';;%&+;$)7+;)<+&"<<4*(+(<';;%&+<4H)<(6+%6+>%6H$'94>+)*+(84+*'@%='(%)*+:'H+@%'+&)$)<+&)>%*=+)*
(84+<)'>+*4(7)<JB

G<,
'*=4
W()H,'*>,=)+(<';;%&B
24>
3<';;%&+A':B

?+#9.52#(C$'9%5=.52#'

@2+.$(=,*#
384+<)"(4+H$'*+&)*('%*6+%*;)<:'(%)*+'#)"(+'$$+4@4*(6L+6"&8+'6+(84+6('<(%*=+H)%*(L+7'9H)%*(6L+(<';,
;%&+<4H)<(6L+!GD6+'*>+>46(%*'(%)*L+%;+(84+<4$4@'*(+>'('+%6+'@'%$'#$4+()+(84+/'@%='(%)*+696(4:B
3'HH%*=+'*+4@4*(+7%$$+)H4*+'+>%'$)=+#)5+7%(8+'>>%(%)*'$+)H(%)*6B+384+)H(%)*6+'@'%$'#$4+>4H4*>+)*
(84+4@4*(+'*>+(84+&"<<4*(+64((%*=6+UM+/'@%='(%)*L+D*(<)>"&(%)*Y=4*4<'$+%*;)<:'(%)*V B
GH4*%*=+'*>+&$)6%*=+(84+<)"(4+H$'*

— 3)+)H4*+(84+<)"(4+H$'*L+('H+2)"(4+H$'*B
— 3)+&$)64+(84+<)"(4+H$'*L+('H+ B

1>%(%*=+<)"(4+="%>'*&4

3)+4>%(+<)"(4+="%>'*&4L+:)@4+(84+7'9H)%*(6+)<+(84+>46(%*'(%)*+%*+(84+<)"(4+H$'*B

NB+ !<466+'*>+8)$>+(84+>46%<4>+>46(%*'(%)*+"*(%$+%(+%6+@%6%#$9+8%=8$%=8(4>B
QB+ a)@4+(84+>46(%*'(%)*+()+(84+>46%<4>+H)6%(%)*B
OB+ 3'J4+9)"<+;%*=4<+);;+(84+6&<44*B+384+<)"(4+7%$$+#4+<4&'$&"$'(4>B

.@)%>%*=+(<';;%&+<4H)<(6

384+<)"(4+H$'*+>%6H$'96+&"<<4*(+(<';;%&+<4H)<(6+%;+(84+<4$4@'*(+>'('+%6+'@'%$'#$4+()+(84+/'@%='(%)*
696(4:B+n)"+&'*+'@)%>+(<';;%&+<4H)<(6+#9+4>%(%*=+(84+<)"(4+H$'*+UM+/'@%='(%)*L+F64V B

NB+ 3'H+(84+(<';;%&+<4H)<(B
QB+ .@)%> B+384+<)"(4+7%$$+#4+<4&'$&"$'(4>B

:CC5.52#*,("5#C2"
F6%*=+(84+;"*&(%)*6+);+(84+/'@%='(%)*+696(4:+:'9+&'"64+'+>%'$)=+#)5+()+)H4*+7%(8+'>>%(%)*'$+)H,
(%)*6B+384+)H(%)*6+'@'%$'#$4+>4H4*>+)*+(84+;"*&(%)*+"64>B
E$)6%*=+(84+>%'$)=+#)5

— 3'H+'+;<44+'<4'+)"(6%>4+);+(84+'>>%(%)*'$+7%*>)7B
G2T
G2T+3'H+ B

R"*&(%)*6+%*+(84+6H$%(+6&<44*T

-%6H$'9+)*+:'H
-%6H$'96+(84+64$4&(%)*+)*+(84+:'HB
.>>+7'9H)%*(
.>>6+'+7'9H)%*(+()+(84+<)"(4+="%>'*&4B
-%<4&(+<)"(4
W('<(6+>%<4&(+<)"(4+="%>'*&4B
-4$4(4
-4$4(46+'+7'9H)%*(+;<):+(84+<)"(4+="%>'*&4B
.@)%>.@)%>6+'+(<';;%&+>%6<"H(%)*B+384+<)"(4+7%$$+#4+<4&'$&"$'(4>B
W()H+<)"(4+="%>'*&4
1*>6+(84+&"<<4*(+<)"(4+="%>'*&4B

E$)646+(84+6H$%(+6&<44*B

.>>6+'+>46(%*'(%)*+()+;'@)<%(46B

gU$*%#(+'*6$(=*..$%#g
C8%$4+><%@%*=L+(84+/'@%='(%)*+696(4:+6'@46+<)"(46+(<'@4$4>+'*>+>46(%*'(%)*6+<4'&84>+%*+)<>4<+()
&<4'(4+'"():'(%&+>46(%*'(%)*+6"==46(%)*6B+-46(%*'(%)*6+'<4+$4'<*4>+7%(8+<4;4<4*&4+()+(84+(%:4+);
>'9+'*>+(84+>'9+);+(84+744JB
384+*'@%='(%)*+696(4:+&'*+6"==46(+H<4,$4'<*4>+<)"(46B+3'H+ +()+68)7+(84+6"==46(4>+<)"(46B
W4$4&(%*=+)*4+);+(84+6"==46(4>+<)"(46+7%$$+&'"64+<)"(4+="%>'*&4+()+#4=%*B
384+<)"(4+="%>'*&4+;)$$)76+(84+64$4&(4>+<)"(4+"*(%$+9)"+>4@%'(4+;<):+%(B+384+<)"(4+7%$$+(84*+#4
<4&'$&"$'(4>+'*>+7%$$+$4'>+#'&J+()+(84+64$4&(4>+<)"(4+@%'+(84+:)6(+>%<4&(+H'(8B
W4<%)"6+(<';;%&+>%6<"H(%)*6+'<4+('J4*+%*()+&)*6%>4<'(%)*+%*+<)"(4+="%>'*&4B+D;+'*+'$(4<*'(%@4+<)"(4
'*>+(84+*'@%='(%)*+>'('+'<4+'@'%$'#$4L+64<%)"6+>%6<"H(%)*6+7%$$+#4+'@)%>4>B
D;+9)"+'<4+><%@%*=+'+H<4,$4'<*4>+<)"(4+7%(8)"(+'&(%@4+<)"(4+="%>'*&4L+(84+>46(%*'(%)*+%6+'>>4>+()
(84+<)"(4+H$'*B+2)"(4+="%>'*&4+>)46+*)(+*44>+()+#4+'&(%@4$9+6('<(4>+;)<+'+A)"<*49+()+'+H<4,$4'<*4>
>46(%*'(%)*B+n)"+'<4+7'<*4>+'#)"(+(<';;%&+>%6<"H(%)*6+%;+*4&466'<9B
.+H<4>%&(4>+'<<%@'$+(%:4+:'9+#4+>%6H$'94>B
n)"+&'*+'&(%@'(4+)<+>4'&(%@'(4+(8%6+;"*&(%)*+'(+'*9+(%:4B
.&(%@'(%*=+'*>+>4'&(%@'(%*=+lb4'<*+"6'=4+H'((4<*l

38%6+64((%*=+&'*+#4+;)"*>+%*+(84+<4$4@'*(+/'@%='(%)*+:4*"+ + + ['6%&+;"*&(%)*+64((%*=6 B
— +3)+'&(%@'(4+(84+;"*&(%)*L+('H+ b4'<*+"6'=4+H'((4<* B
— +3)+>4'&(%@'(4+(84+;"*&(%)*L+('H+ b4'<*+"6'=4+H'((4<* B
— 3)+>4$4(4+6'@4>+>'('L+('H+ -4$4(4+"6'=4+H'((4<* B

@*#6$(^ih(C5'=,*1b
384+2'*=4+O]P+@%47+68)76+(84+H)66%#$4+<'*=4+#'64>+)*+(84+&"<<4*(+&8'<=4+$4@4$+%*+(84+8%=8,@)$(,
'=4+#'((4<9+;)<+89#<%>+@48%&$46+'*>+4$4&(<%&+@48%&$46B
.&(%@'(%*=+2'*=4+O]P

— + 3'H+ + B

O/2#$(5#.$%3*9$

G#.%2C+9.52#

F6%*=+(84+&4$$+H8)*4+%*(4<;'&4L+9)"+&'*+&)**4&(+9)"<+:)#%$4+(4$4H8)*4+>4@%&4+()+(84+D*;)('%*,
:4*(+696(4:+'*>+&)*(<)$+(84+(4$4H8)*4+;"*&(%)*+@%'+(84+D*;)('%*:4*(B+384+6)"*>+%6+H$'94>+#'&J
@%'+(84+@48%&$4+6H4'J4<6B
n)"+&'*+&)**4&(+(7)+:)#%$4+>4@%&46+()+(84+D*;)('%*:4*(+696(4:+'(+(84+6':4+(%:4B+K)74@4<L+)*$9
)*4+>4@%&4+%6+'&(%@4+'(+'+(%:4+'*>+&'*+#4+"64>+()+:'J4+&'$$6B
384+64&)*>+&)**4&(4>+>4@%&4+&'*+<4&4%@4+&'$$6+@%'+(84+D*;)('%*:4*(+696(4:+'*>+#4+"64>+()+H$'9
:4>%'B
K%=8+6H44>6L+H))<+74'(84<+'*>+<)'>+&)*>%(%)*6L+'+$)(+);+#'&J=<)"*>+*)%64+U4@4*+)"(6%>4+(84+@48%,
&$4VL+'*>+(84+*4(7)<J+I"'$%(9+&'*+%:H'%<+H8)*4+&'$$6+%*+(84+@48%&$4B
384+H8)*4+%*(4<;'&4+:'9+&)*('%*+'+&):H4*6'()<+78%&8+);;64(6+>%6<"H(%)*6+()+(84+:)#%$4+>4@%&4
<4&4H(%)*+'*>+'$6)+%:H<)@46+(84+(<'*6:%66%)*+'*>+<4&4H(%)*+H4<;)<:'*&4+);+(84+:)#%$4+>4@%&4B

n)"+"6"'$$9+)*$9+*44>+()+H'%<+'+>4@%&4+U4B=B+&4$$+H8)*4V+)*&4B+n)"+&'*+<446('#$%68+(84+&)*,
*4&(%)*+()+(84+D*;)('%*:4*(+696(4:+'(+'*9+(%:4+@%'+[$"4())(8f+)<+C%,R%L+7%(8)"(+<4,H'%<,
%*=+9)"<+>4@%&4B

)245,$(=/2#$(5#.$%3*9$($[+5=>$#.(*#C('1>42,'

384+4I"%H:4*(+;4'("<46+'*>+69:#)$6+*':4>+84<4+'<4+*)(+'@'%$'#$4+%*+'$$+:'<J4(6+'*>+%*+'$$+D*;),
('%*:4*(+696(4:6B

;[+5=>$#.(3$*.+%$'
— K'*>6,;<44+;"*&(%)*B
— F64+"H+()+(7)+(4$4H8)*46+6%:"$('*4)"6$9B
— 34$4H8)*4+#))J+7%(8+'+:'5%:":+);+\PPP+&)*('&(+4*(<%46+UQPPP+;)<+_BQ\l+D*;)('%*:4*(+696,
(4:6VB
— WaW+;"*&(%)*6+@%'+[$"4())(8fT
— 24'>+WaWB
— C<%(4+WaW+U%*&B+(4:H$'(46VB
— K'@4+'*+WaW+<4'>+'$)">B
— a466'=%*=+8%6()<9B

— 4,:'%$+;"*&(%)*6+@%'+[$"4())(8fT
— 24'>+4,:'%$B
— C<%(4+4,:'%$B

— E)"H$%*=+);+[$"4())(8f+'*>+C%,R%+>4@%&46+@%'+/REB
— E)*@4*%4*&4+H8)*4+)H4<'(%)*B
— E)**4&(%)*+()+&'#$4,;<44+&8'<=%*=+)H(%)*B
— E)**4&(%)*+()+%*,@48%&$4+:%&<)H8)*4B

F1>42,'(5#(./$(>*5#(>$#+
384+69:#)$6+:'9+8'@4+'+>%;;4<4*(+'HH4'<'*&4+>4H4*>%*=+)*+(84+D*;)('%*:4*(+696(4:B

E)*('&(6B

D*&):%*=+'*>+)"(=)%*=+&'$$6+$%6(6B

W4$4&(+(4$4H8)*4+*":#4<B

345(+:466'=46+UWaW+'*>+4,:'%$VB
a)#%$4+(4$4H8)*4+%*(4<;'&4+64((%*=6B

W4$4&(+'&(%@4+>4@%&4B

F1>42,'(32%(.$,$=/2#$(9*,,'
384+69:#)$6+:'9+8'@4+'+>%;;4<4*(+'HH4'<'*&4+>4H4*>%*=+)*+(84+D*;)('%*:4*(+696(4:B

W('<(+)<+;)<4=<)"*>+'+&'$$B

1*>+)<+>4&$%*4+'+&'$$B

GH4*+&)*('&(+$%6(B

W4$4&(+(4$4H8)*4+*":#4<B

a"(4+(84+8'*>6,;<44+J%(B

!"(+'+&'$$+)*+8)$>B

E)*(%*"4+'+&'$$B

W('<(+'+&)*;4<4*&4+&'$$B
WGW a'J4+'*+4:4<=4*&9+&'$$B

24&4%@4+#<4'J>)7*+'66%6('*&4B

24&4%@4+%*;)<:'(%)*+'#)"(+X)$J67'=4*+'*>+@'<%)"6+(<';;%&+'*>+(<'@4$+64<@%&46+(8'(+'<4+'@'%$,
'#$4+;)<+'*+'>>%(%)*'$+&8'<=4B

X)%&4+:'%$B

F1>42,'(5#(./$(92#.*9.("5#C2"
— 3)+)H4*+(84+&)*('&(+7%*>)7L+('H+)*+ B

D*H"(+()+64'<&8+&)*('&(6B

1>%(%*=+'+;'@)<%(4B

.>>+;'@)<%(46B

24:)@4+;'@)<%(46B

E*,,(,5'.('1>42,'
— 3)+)H4*+(84+&'$$+$%6(6L+('H+)*+ B

D*&):%*=+&'$$+<4&4%@4>B

G"(=)%*=+&'$$+:'>4B

a%664>+&'$$B
34$4H8)*4+*":#4<+U&):H'*9VB

34$4H8)*4+*":#4<+UH<%@'(4VB

a)#%$4+(4$4H8)*4+*":#4<+U&):H'*9VB

a)#%$4+(4$4H8)*4+*":#4<+UH<%@'(4VB

R'5+>4@%&4+UH<%@'(4VB

R'5+>4@%&4B

K$<.(>$''*6$('1>42,'
384+69:#)$6+:'9+8'@4+'+>%;;4<4*(+'HH4'<'*&4+>4H4*>%*=+)*+(84+D*;)('%*:4*(+696(4:B
— 3)+)H4*+(84+(45(+:466'=46L+('H+)*+ B

.&(%@'(4+@)%&4+%*H"(+UM+X)%&4+&)*(<)$L+-46&<%H(%)*V B

34:H$'(46+;)<+(45(+:466'=46B

U29*.52#'("5./('=$95*,(%$6+,*.52#'

W7%(&8+);;+(84+H8)*4+'*>+H8)*4+%*(4<;'&4+'(+$)&'(%)*6+784<4+(84<4+%6+'+<%6J+);+45H$)6%)*6B+38464
$)&'(%)*6+'<4+*)(+'$7'96+&$4'<$9+%>4*(%;%4>B+R)<+45':H$4L+(849+:'9+%*&$">4T
— .<4'6+*4'<+H%H46+'*>+('*J6+&)*('%*%*=+&84:%&'$6
— b)74<+>4&J6+%*+68%H6+'*>+;4<<%46
— .<4'6+*4'<+@48%&$46+H)74<4>+#9+$%I"4;%4>+H4(<)$4":+='6+U6"&8+'6+H<)H'*4+'*>+#"('*4V
— .<4'6+7%(8+&84:%&'$6+)<+H'<(%&$46+%*+(84+'%<L+6"&8+'6+;$)"<L+>"6(L+)<+:4('$+H)7>4<
— .$$+)(84<+$)&'(%)*6+784<4+(84+@48%&$4+4*=%*4+'*>+(84+H8)*4+:"6(+#4+67%(&84>+);;B

C.2/D/0
W7%(&8+);;+H8)*46+'(+$)&'(%)*6+784<4+(84<4+%6+'+<%6J+);+45H$)6%)*6B

/G3DE1
384+H8)*4+:"6(+'$7'96+#4+67%(&84>+);;+%*+'<4'6+7%(8+6H4&%'$+<4="$'(%)*6+<4$'(%*=+()+)<+H<)8%#%(,
%*=+(84+"64+);+H8)*46B+2'>%'(%)*+;<):+H8)*46+(8'(+'<4+67%(&84>+)*+&'*+%*(4<;4<4+7%(8+64*6%(%@4
(4&8*%&'$+'*>+:4>%&'$+>4@%&46L+H)(4*(%'$$9+&'"6%*=+:'$;"*&(%)*6+)<+>':'=4+()+(84+>4@%&46B

E2+=,5#6P(92##$9.5#6(*#C(>*#*65#6

!<4<4I"%6%(46+;)<+&)"H$%*=T
✓ [$"4())(8f+%6+'&(%@'(4>+%*+(84+:)#%$4+>4@%&4B
✓ [$"4())(8f+%6+'&(%@'(4>+%*+(84+D*;)('%*:4*(+696(4:B

E)"H$4+'+:)#%$4+>4@%&4+7%(8+(4$4H8)*4+&'H'#%$%(9+()+(84+D*;)('%*:4*(+696(4:+%*+)<>4<+()+"64+(84
:)#%$4+(4$4H8)*4+%*(4<;'&4+;"*&(%)*6B+[4;)<4+&)**4&(%*=+;)<+(84+;%<6(+(%:4L+9)"+*44>+()+&)"H$4
(84+:)#%$4+>4@%&4+7%(8+(84+D*;)('%*:4*(+696(4:B+.+"64<+H<);%$4+%6+(84*+'"():'(%&'$$9+6'@4>+%*+(84
D*;)('%*:4*(+696(4:B
384+&)"H$%*=+H<)&466+:'9+('J4+'+;47+:%*"(46B+384+'@'%$'#$4+;"*&(%)*6+>4H4*>+)*+(84+:)#%$4+>4,
@%&4+"64>+'*>+)*+%(6+)H4<'(%*=+696(4:B
E)"H$%*=+9)"<+:)#%$4+>4@%&4

NB+ .&&466+(84+$%6(+);+'@'%$'#$4+[$"4())(8f+>4@%&46+)*+9)"<+:)#%$4+>4@%&4+'*>+64$4&(+(84+>4@%&4
*':4+;)<+(84+D*;)('%*:4*(+696(4:B
QB+ !'9+'((4*(%)*+()+:466'=46+)*+(84+:)#%$4+>4@%&4+'*>+(84+D*;)('%*:4*(+696(4:+'*>+&)*;%<:
(8464+784<4+'HH$%&'#$4B
D;+(84+&)"H$%*=+%6+6"&&466;"$L+(84+(4$4H8)*4+>'('+7%$$+#4+6'@4>+%*+(84+"64<+H<);%$4B

OB+ GH(%)*'$T +E)*;%<:+(84+:466'=4+;)<+(84+(<'*6;4<+);+>'('+()+(84+:)#%$4+>4@%&4B

C.2/D/0
D;+9)"+&'<<9+)"(+(84+&)"H$%*=+784*+><%@%*=L+(8%6+:'9+&'"64+'&&%>4*(6+)<+%*A"<%46B
● G*$9+&'<<9+)"(+(84+&)"H$%*=+784*+(84+@48%&$4+%6+6('(%)*'<9B

C84*+&)"H$%*=+6):4+:)#%$4+>4@%&46L+'+!D/+*":#4<+:'9+#4+>%6H$'94>+)*+(84+:)#%$4+>4,
@%&4+6&<44*B+39H4+(8%6+*":#4<+%*+(84+D*;)('%*:4*(+696(4:+()+&)*&$">4+(84+&)"H$%*=B

D,+$.22./Y(92+=,5#6(85*(J?E
/RE+%6+*)(+'@'%$'#$4+%*+'$$+&)"*(<%46+'*>+)*+'$$+@48%&$4+:)>4$6B
!<4<4I"%6%(46+;)<+)*4,);;+&)"H$%*=T
✓ W()<'=4+&):H'<(:4*(+7%(8+&'#$4,;<44+&8'<=4+;"*&(%)*+U6()<'=4+&):H'<(:4*(+7%(8+%*(4<;'&4
;)<+:)#%$4+(4$4H8)*4V+%6+;%((4>+%*+(84+@48%&$4B
✓ /RE+%6+'&(%@'(4>+%*+(84+:)#%$4+>4@%&4B

NB+ E'$$+"H+:4*"+K/,/+:'(/1*/&&$(%*
K/,/+:'(/1*/&&$(%*+'*>+('H+)*+ W4$4&(+:)#%$4+>4@%&4 B
QB+ F*$)&J+:)#%$4+>4@%&4B

OB+ !$'&4+:)#%$4+>4@%&4+%*+&)<<4&(+H)6%(%)*+)*+(84+:)#%$4+H8)*4+684$;B
ZB+ !'%<+[$"4())(8f+"6%*=+(84+:4*"+)*+9)"<+:)#%$4+>4@%&4+'*>+&)*(%*"4+'*>+&)*;%<:+)*+(84+@4,
8%&$4+6&<44*B

384+:)#%$4+>4@%&4+%6+&)"H$4>+7%(8+(84+D*;)('%*:4*(+696(4:B

C8%$4+(84+D*;)('%*:4*(+696(4:+%6+%*+(84+R('C(17'>$,/1&/,/+:'(/*
R('C(17'>$,/1&/,/+:'(/*+:4*"L+(84+&'#$4,
;<44+&8'<=4+;"*&(%)*+%6+>4'&(%@'(4>B+E'#$4,;<44+&8'<=%*=+%6+<4'&(%@'(4>+%;+9)"+$4'@4+(84
:4*"B
:9.58$(*#C(=*''58$(92##$9.52#
D*+)<>4<+()+"64+(84+:)#%$4+H8)*4+%*(4<;'&4+;"*&(%)*6L+'(+$4'6(+)*4+:)#%$4+>4@%&4+:"6(+#4+&)*,
&)*,
*4&(4>
*4&(4>+7%(8+(84+D*;)('%*:4*(+696(4:B+D;+64@4<'$+:)#%$4+>4@%&46+'<4+&)**4&(4>+7%(8+(84+D*;)('%*,
:4*(+696(4:L+9)"+&'*+67%(&8+#4(744*+'&(%@4+'*>+H'66%@4+&)**4&(%)*6B+D*+)<>4<+()+)H4<'(4+(84
:)#%$4+H8)*4+%*(4<;'&4+7%(8+9)"<+>46%<4>+:)#%$4+>4@%&4L+46('#$%68+'*+'&(%@4+&)**4&(%)*+()+(84
D*;)('%*:4*(+696(4:B
-%;;4<4*&4+#4(744*+(84+(9H46+);+&)**4&(%)*

.&(%@4
384+:)#%$4+>4@%&4+%6+&)"H$4>+'*>+&)**4&(4>B+n)"+&'*+&'<<9+)"(+:)#%$4+H8)*4+%*(4<;'&4
;"*&(%)*6+"6%*=+>'('+;<):+(8%6+:)#%$4+>4@%&4B
!'66%@4
384+:)#%$4+>4@%&4+%6+&)"H$4>+'*>+&)**4&(4>B+n)"+&'*+)*$9+('J4+%*&):%*=+&'$$6+@%'+(84+(4$4,
H8)*4+%*(4<;'&4B+G(84<+;"*&(%)*6+'<4+*)(+'@'%$'#$4B

E)"H$4>+:)#%$4+>4@%&46+'<4+6'@4>+%*+(84+D*;)('%*:4*(+696(4:+4@4*+%;+(849+'<4+*)(+&"<<4*($9
&)**4&(4>B
E)**4&(%*=+'+:)#%$4+>4@%&4

!<4<4I"%6%(4T+384+:)#%$4+>4@%&4+%6+&)"H$4>+7%(8+(84+D*;)('%*:4*(+696(4:B
— .&(%@'(4+[$"4())(8f+%*+(84+:)#%$4+>4@%&4B

16('#$%68%*=+'*+'&(%@4+&)**4&(%)*

!<4<4I"%6%(4T+W4@4<'$+:)#%$4+>4@%&46+'<4+&)**4&(4>+7%(8+(84+D*;)('%*:4*(+696(4:
6%:"$('*4)"6$9B

NB+ 3'H+ B
QB+ 3'H+)*+(84+'&(%@4+:)#%$4+>4@%&4+*':4B
OB+ W4$4&(+9)"<+>46%<4>+:)#%$4+>4@%&4B+G(84<+:)#%$4+>4@%&46+7%$$+#4+H'66%@4$9+&)**4&(4>
'"():'(%&'$$9B

W'$%(=%235,$'
.*+%*>%@%>"'$+"64<+H<);%$4+%6+'"():'(%&'$$9+&<4'(4>+;)<+4'&8+&)"H$4>+:)#%$4+>4@%&4B+-'('+;<):+(8%6
:)#%$4+>4@%&4L+4B=B+&)*('&(+>'('+)<+64((%*=6L+%6+6()<4>+%*+(84+"64<+H<);%$4B+.+:'5%:":+);+(4*+"64<
H<);%$46+:'9+#4+6'@4>+%*+(84+D*;)('%*:4*(+696(4:+6%:"$('*4)"6$9B
-4$4(%*=+'+"64<+H<);%$4

NB+ GH4*+W4((%*=6+%*+(84+(4$4H8)*4+:'%*+:4*"B
384+"64<+H<);%$46+'<4+$)&'(4>+%*+(84+O'>$,/13/#$2/*
O'>$,/13/#$2/*+'<4'+)<+%*+)>4<+ W4$4&(+:)#%$4
(4$4H8)*4 B
QB+ W4$4&(+(84+"64<+H<);%$4+'*>+('H+ +()+>4$4(4B
D*'59(*#C(92#8$#5$#9$(.$,$=/2#1

-4H4*>%*=+)*+(84+@48%&$4+4I"%H:4*(L+(84+@48%&$4+:'9+8'@4+(84+;)$$)7%*=+H8)*4+%*(4<;'&46T
— ['6%&+:)#%$4+H8)*4+%*(4<;'&4B
— E)*@4*%4*&4+:)#%$4+H8)*4+%*(4<;'&4B

D*'59
D*'59(=/2#$(5#.$%3*9$
(=/2#$(5#.$%3*9$
384+['6%&+:)#%$4+H8)*4+%*(4<;'&4+"646+(84+KR!+[$"4())(8f+H<);%$4+;)<+(<'*6:%66%)*B+38%6+4*'#$46
(84+"64+);+:)#%$4+H8)*4+;"*&(%)*6+@%'+(84+D*;)('%*:4*(+696(4:+'*>+)"(H"(+@%'+(84+@48%&$4
6H4'J4<6B

E2#8$#5$#9$
E2#8$#5$#9$(>245,$(=/2#$(5#.$%3*9$
(>245,$(=/2#$(5#.$%3*9$
w"6(+$%J4+(84+['6%&+:)#%$4+H8)*4+%*(4<;'&4L+(84+E)*@4*%4*&4+:)#%$4+H8)*4+%*(4<;'&4+"646+(84+KR!
[$"4())(8f+H<);%$4B
384+E)*@4*%4*&4+:)#%$4+H8)*4+%*(4<;'&4+&'*+#4+4I"%HH4>+7%(8+(84+7%<4$466+&8'<=%*=+;"*&(%)*+UM
24I"%<4:4*(6L+!8)*4+%*(4<;'&4V B
D*+)<>4<+()+"64+(84+;4'("<46+);+(84+7%<4$466+&8'<=%*=+;"*&(%)*L+9)"+*44>+()+&)<<4&($9+%*64<(+'+6"%(,
'#$4+:)#%$4+>4@%&4+%*()+(84+6()<'=4+&):H'<(:4*(B+38%6+7%$$+&)**4&(+(84+:)#%$4+>4@%&4+()+(84+@4,
8%&$4+'4<%'$B+38%6+%:H<)@46+<4&4H(%)*+'*>+&'$$+I"'$%(9B

-5%$,$''(9/*%65#6(3+#9.52#
R%=B+
R%=B+NN+ -%'=<':T+6()<'=4+&):H'<(:4*(+7%(8+'+$%*4<+H'>+;)<+7%<4$466+&8'<=%*=B

384+7%<4$466+&8'<=%*=+;"*&(%)*+>4H4*>6+)*+(84+@48%&$4+4I"%H:4*(+'*>+%6+*)(+'@'%$'#$4+%*+'$$+&)"*,
(<%46B+-4H4*>%*=+)*+(84+@48%&$4L+(84+684$;+;)<+(84+7%<4$466+&8'<=%*=+;"*&(%)*+%6+$)&'(4>+%*+(84+&4*,
(4<+&)*6)$4+)<+#4(744*+(84+;<)*(+64'(6B
384+7%<4$466+&8'<=%*=+;"*&(%)*+"646+4$4&(<):'=*4(%&+%*>"&(%)*+()+(<'*6;4<+4*4<=9+7%<4$466$9+)@4<
68)<(+>%6('*&46B
384+:'5%:":+&8'<=%*=+H)74<+%6+\+7'((6B
384+e%+6('*>'<>+'$$)76+6"%('#$4+e%,&'H'#$4+:)#%$4+>4@%&46+()+#4+&8'<=4>+7%<4$466$9B
D*+6):4+@48%&$46L+'+gH8)*4+69:#)$h+)*+(84+$%*4<+:'(+%*>%&'(46+(84+&4*(4<+H)6%(%)*+;)<+(84+7%<4$466
&8'<=%*=+;"*&(%)*+M+;%=B+N+ N B

3)+&8'<=4+'+e%,&'H'#$4+:)#%$4+>4@%&4L+H$'&4+%(+%*+(84+&4*(4<+);+(84+6()<'=4+&):H'<(:4*(+7%(8+(84
;"$$+6"<;'&4+;'&%*=+"HB+384+&8'<=%*=+H<)&466+6('<(6+'"():'(%&'$$9+';(4<+(8'(B+384+)H4<'(%*=+:'*"'$
)<+(84+H8)*4+:'*";'&("<4<+7%$$+%*>%&'(4+%;+(84+:)#%$4+>4@%&4+6"HH)<(6+(84+e%,6('*>'<>B
384+D*;)('%*:4*(+696(4:+%*6('$$4>+'(+(84+;'&()<9+%*;)<:6+9)"+784*+(84+&8'<=%*=+H<)&466+%6+6('<(,
%*=+'*>+%;+(84<4+'<4+'*9+;)<4%=*+)#A4&(6+7%(8+:4('$+&):H)*4*(6L+6"&8+'6+&)%*6L+J496L+4(&BL+)*+(84
6"<;'&4B+24:)@4+;)<4%=*+)#A4&(6+%::4>%'(4$9B
24:)@4+;)<4%=*+)#A4&(6+%::4>%'(4$9B
D;+(84+:)#%$4+>4@%&4+%6+*)(+H)6%(%)*4>+&)<<4&($9+)<+%;+%(+%6+())+$'<=4L+%(+:'9+*)(+#4+>4(4&(4>+&)<<4&(,
$9+)<+>4(4&(4>+'(+'$$B+384+696(4:+:'9+(84*+*)(%;9+9)"+);+'+;)<4%=*+)#A4&(+)*+(84+6"<;'&4B+E)<<4&(,
%*=+(84+H)6%(%)*+)*+(84+6"<;'&4+:'9+&)<<4&(+(84+:'$;"*&(%)*B
e%,&'H'#$4+:)#%$4+>4@%&46+(8'(+'<4+())+$'<=4+&'**)(+#4+&8'<=4>+7%<4$466$9B
G*$9+e%,&'H'#$4+:)#%$4+>4@%&46+7%(8)"(+'+H<)(4&(%@4+&'64+'*>+7%(8+'+:'5%:":+()('$+$4*=(8+);
'HH<)5%:'(4$9+NZP+::+U\B\NQ+%*&846V+:'9+#4+H$'&4>+)*+(84+7%<4$466+&8'<=%*=+6"<;'&4B
A$9,*%*.52#(23(92#32%>5.1
gC%<4$466+&8'<=%*=+;"*&(%)*hT
38%6+>4@%&4+&):H$%46+7%(8+H'<(+N\+);+(84+REE+<"$46+'*>+7%(8+D*>"6(<9+E'*'>'+$%&4*64,454:H(+2WW
6('*>'<>U6VB+GH4<'(%)*+%6+6"#A4&(+()+(84+;)$$)7%*=+(7)+&)*>%(%)*6T
UNV+38%6+>4@%&4+:'9+*)(+&'"64+8'<:;"$+%*(4<;4<4*&4L+'*>
UQV+(8%6+>4@%&4+:"6(+'&&4H(+'*9+%*(4<;4<4*&4+<4&4%@4>L+%*&$">%*=+%*(4<;4<4*&4+(8'(+:'9+&'"64+"*,
>46%<4>+)H4<'(%)*B
REE+D-T+2S^qqq,PPL+DE+Z^^Z.,qqqPP
.*9+&8'*=46+)<+:)>%;%&'(%)*6+*)(+45H<466$9+'HH<)@4>+#9+/)@4<)+&)"$>+@)%>+(84+"64<d6+'"(8)<%(9+()
)H4<'(4+(8%6+4I"%H:4*(B
38%6+4I"%H:4*(+&):H$%46+7%(8+REE+<'>%'(%)*+45H)6"<4+$%:%(6+64(+;)<(8+;)<+'*+"*&)*(<)$$4>+4*@%,
<)*:4*(B+1*>+"64<6+:"6(+;)$$)7+(84+6H4&%;%&+)H4<'(%*=+%*6(<"&(%)*+;)<+6'(%6;9%*=+2R+45H)6"<4
&):H$%'*&4B+38%6+(<'*6:%((4<+:"6(+*)(+#4+&),$)&'(4>+)<+)H4<'(%*=+%*+&)*A"*&(%)*+7%(8+'*9+)(84<
'*(4**'+)<+(<'*6:%((4<B
REE+D-T+2S^a[E,/.2L+DE+Z^^Z.,a[E/.2
[1RG21+FW1
[1RG21+FW1L+9)"+aFW3+210DW312+3KDW+-1XDE1
aFW3+210DW312+3KDW+-1XDE1+7%(8+9)"<+7%<4$466+H<)@%>4<+'*>+8'@4+9)"<
H<)@%>4<c6+&)*64*(B+a)6(+7%<4$466+H<)@%>4<6+&)*64*(+()+(84+"64+);+6%=*'$+#))6(4<6B+W):4+H<)@%>4<6
:'9+*)(+&)*64*(+()+(84+"64+);+(8%6+>4@%&4+)*+(84%<+*4(7)<JB+D;+9)"+'<4+"*6"<4L+&)*('&(+9)"<+64<,
@%&4+H<)@%>4<B
n)"+aFW3
aFW3+)H4<'(4+(8%6+>4@%&4+7%(8+'HH<)@4>+'*(4**'6+'*>+&'#$46+'6+6H4&%;%4>+#9+(84+:'*";'&,
("<4<B+.*(4**'6+aFW3
aFW3+#4+%*6('$$4>+'(+$4'6(+QP+&:+U_+%*&846V+;<):+'*9+H4<6)*B
n)"+aFW3
aFW3+&4'64+)H4<'(%*=+(8%6+>4@%&4+%::4>%'(4$9+%;+<4I"46(4>+#9+(84+REE+)<+'+$%&4*64>+7%<4$466
64<@%&4+H<)@%>4<B
C.2/D/0B
C.2/D/0B+1`NN+$)&'(%)*+%*;)<:'(%)*+:'9+*)(+#4+H<)@%>4>+)<+:'9+#4+%*'&&"<'(4+;)<+&'$$6+64<@4>
#9+"6%*=+(8%6+>4@%&4B

C.2/D/0
-)+*)(+H$'&4+:4('$+)#A4&(6+)<+)#A4&(6+7%(8+:4('$+&):H)*4*(6+)*+(84+7%<4$466+&8'<=%*=+6"<;'&4B
a4('$+)#A4&(6+&'*+#4&):4+@4<9+8)(B+38%6+:'9+&'"64+#"<*6+()+(84+6J%*+)<+'+;%<4B

/G3DE1
-)+*)(+H$'&4+'*9+D-+&'<>6L+&<4>%(+&'<>6L+4(&B+7%(8+:'=*4(%&+6(<%H6+)<+7%(8+'+&8%H+)*+(84+7%<4$466
&8'<=%*=+6"<;'&4B+384+>'('+6()<4>+)*+(84+:'=*4(%&+6(<%H6+)<+(84+&8%H+&)"$>+#4&):4+"*"6'#$4B

E*,,5#6(*#C('$#C5#6(>$''*6$'

GH4*+(84+:)#%$4+H8)*4+%*(4<;'&4

— +3'H+ KGa1 + + B
W'5#6(*(=/2#$
W4$4&(+'+(4$4H8)*4+*":#4<+()+:'J4+'+&'$$B+X'<%)"6+;"*&(%)*6+'<4+'@'%$'#$4+;)<+64$4&(%*=+(84+(4$4,
H8)*4+*":#4<B
F6%*=+&)*('&(+>'('

D;+'+&)*('&(+8'6+:"$(%H$4+(4$4H8)*4+*":#4<6L+9)"+:"6(+64$4&(+(84+*":#4<+9)"+7%68+()+&'$$
'&&)<>%*=$9B
— +3'H+ + + +'*>+4*(4<+(84+>'('+);+(84+&)*('&(+9)"+'<4+64'<&8%*=+;)<B+3'H+(84+&)*('&(+)*+(84+$%6(
()+:'J4+(84+&'$$B
— +3'H+ + + R'@)<%(46 B+3'H+)*+'+&)*('&(+%*+(84+$%6(+()+:'J4+(84+&'$$B
— +3'H+ + + .$$ B+3'H+)*+'+&)*('&(+%*+(84+$%6(+()+:'J4+(84+&'$$B

F6%*=+'+&'$$+$%6(

384+:)#%$4+H8)*4+%*(4<;'&4+6()<46+(84+%*&):%*=+'*>+)"(=)%*=+&'$$6+)*+'+&'$$+$%6(B+24&4*($9+"64>
(4$4H8)*4+*":#4<6+'<4+6'@4>+"*>4<+;'@)<%(46B+a'J4+'+&'$$+@%'+(84+&'$$+$%6(B
— 3'H+ + + .$$ B+3'H+)*+'+*":#4<+%*+(84+$%6(+()+:'J4+(84+&'$$B
— 3'H+ + + a%664> B+3'H+)*+'+*":#4<+%*+(84+$%6(+()+:'J4+(84+&'$$B
— +3'H+ + + R'@)<%(46 B+3'H+'+&)*('&(+()+:'J4+(84+&'$$B

a'*"'$$9+4*(4<%*=+(84+(4$4H8)*4+*":#4<

NB+ 3'H+ +'*>+4*(4<+(84+(4$4H8)*4+*":#4<B


QB+ 3'H+ +()+:'J4+(84+&'$$B

C8%$4+9)"+'<4+4*(4<%*=+'+(4$4H8)*4+*":#4<L+(84+&)*('&(+<4$'(4>+()+(84+*":#4<+%6+>%6,
H$'94>+)*+(84+D*;)('%*:4*(+696(4:+6&<44*B

F$#C5#6(.$<.(>$''*6$'
-4H4*>%*=+)*+(84+:)#%$4+>4@%&4+%*+"64+'*>+(84+D*;)('%*:4*(+696(4:L+9)"+&'*+64*>+'*>+<4&4%@4
WaW+:466'=46+'*>+4,:'%$6+@%'+(84+H8)*4+%*(4<;'&4B
W7%(&8%*=+#4(744*+WaW+'*>+4,:'%$

3)+64*>+'*+WaW+)<+4,:'%$L+'&(%@'(4+(84+&)<<46H)*>%*=+'(+(84+()H+$4;(+);+(84+6&<44*B+384+'&(%@4+)H,
(%)*+%6+>%6H$'94>+)*+(84+6&<44*L+4B=B+ WaW B

NB+ 3'H+ B
QB+ 3'H+(84+>46%<4>+)H(%)*+)*+(84+;"*&(%)*+J49+'(+(84+()H+$4;(+);+(84+6&<44*B

W4*>%*=+'*+WaW

NB+ + +3'H+ /47+:466'=4 +'*>+4*(4<+(84+:466'=4+)*+(84+6&<44*B


QB+ 3'H+ GS +'*>+)*4+)<+:)<4+&)*('&(6+)*+(84+$%6(B+.+&)*('&(+&'*+'$6)+#4+64'<&84>+;)<+"6%*=+
+W4'<&8 B

W4*>%*=+'*+4,:'%$
NB+ + +3'H+ /47+:466'=4 +'*>+4*(4<+(84+:466'=4+)*+(84+6&<44*B
QB+ 3'H+ GS +'*>+)*4+)<+:)<4+&)*('&(6+)*+(84+$%6(B+.+&)*('&(+&'*+'$6)+#4+64'<&84>+;)<+"6%*=+
+W4'<&8 B

O/2#$(C5%$9.2%1P(3*82%5.$'(*#C('=$$C(C5*,(0$1'

O/2#$(C5%$9.2%1
38%6+;%<6(+(%:4+'+(4$4H8)*4+%6+H'%<4>+7%(8+(84+D*;)('%*:4*(+696(4:L+(84+H8)*4+>%<4&()<9+%6+6'@4>
%*+(84+D*;)('%*:4*(+696(4:B+384+(<'*6:%66%)*+:"6(+'$6)+#4+&)*;%<:4>+)*+(84+H8)*4B
384+H8)*4+>%<4&()<9+%6+"H>'(4>+';(4<+4'&8+*47+&)**4&(%)*B+-"<%*=+(84+"H>'(4L+(84+H<464*(+H8)*4
>%<4&()<9+&'*+6(%$$+#4+"64>B
D;+(4$4&)*;4<4*&46+'<4+6"HH)<(4>L+(84+H8)*4+>%<4&()<9+&'*+#4+)H4*4>+>"<%*=+'+H8)*4+&'$$B
D;+'*+%:'=4+%6+6()<4>+;)<+(84+&)*('&(L+%(+&'*+#4+>%6H$'94>+%*+(84+$%6(+*45(+()+(84+4*(<9B

?*82%5.$'(*#C('=$$C(C5*,(0$1'
.+6H44>+>%'$+J49+&'*+#4+'66%=*4>+7%(8+'+;'@)<%(4+;<):+(84+H8)*4+>%<4&()<9B+D;+(84+4*(<9+&)*('%*6
'*+%:'=4L+%(+%6+>%6H$'94>+)*+(84+6H44>+>%'$+J49B
WH44>+>%'$+J496+:"6(+#4+H<)=<'::4>+:'*"'$$9+'*>+'<4+'66%=*4>+()+'+"64<+H<);%$4B
!<)=<'::%*=+'+6H44>+>%'$+J49

NB+ 3'H+ B
QB+ 3'H+'+&)*('&(+%*+(84+H8)*4+>%<4&()<9B+D;+'+&)*('&(+8'6+:"$(%H$4+(4$4H8)*4+*":#4<6L+('H+'
*":#4<+)*+(84+$%6(B

1>%(%*=+(84+6H44>+>%'$+J49

NB+ !<466+'*>+8)$>+(84+6H44>+>%'$+J49+"*(%$+(84+H8)*4#))J+)H4*6B
QB+ 3'H+(84+*47+&)*('&(+%*+(84+H8)*4+>%<4&()<9B+D;+'+&)*('&(+8'6+:"$(%H$4+(4$4H8)*4+*":#4<6L+('H
'+*":#4<+)*+(84+$%6(B

E'$$%*=+'+;'@)<%(4

NB+ 3'H+'+H<)=<'::4>+6H44>+>%'$+J49B

R'@)<%(46+'<4+*)(+'"():'(%&'$$9+"H>'(4>B+D;+(84+H8)*4+*":#4<+;)<+'+&)*('&(+&8'*=46L+(84
6H44>+>%'$+J49+:"6(+#4+<4'66%=*4>B
-4$4(%*=+'+6H44>+>%'$+J49

NB+ 3'H+ B
QB+ 3'H+ B
K%*#'=2%.5#6

K%+#0(928$%

R%=B+
R%=B+NN+ D*+(84+$"=='=4+&):H'<(:4*(T+D*6('$$%*=+'*>+<4:)@%*=+(84+$"=='=4+&):H'<(:4*(+&)@4<B

C84*+)H4*%*=+'*>+&$)6%*=+(84+(<"*J+$%>L+(84+$"=='=4+&):H'<(:4*(+&)@4<+%6+<'%64>+)<+$)74<4>+)*+(84
'(('&84>+<4('%*%*=+6(<'H6B
b%=8(+%(4:6+);+&$)(8%*=+&'*+#4+H$'&4>+)*+(84+$"=='=4+&):H'<(:4*(+&)@4<B+1*6"<4+(8'(+9)"<+@%47+()
(84+<4'<+%6+*)(+<46(<%&(4>B

@$>285#6(./$(.%+#0(928$%
— F*8))J+(84+<4('%*%*=+6(<'H6+;<):+(84+(<"*J+$%>+M+;%=B+N +U"HH4<+'<<)76VB
— !"$$+(84+$"=='=4+&):H'<(:4*(+&)@4<+)"(+);+(84+6%>4+8)$>4<6+U$)74<+'<<)76VB

G#'.*,,5#6(./$(.%+#0(928$%
— !"68+(84+$"=='=4+&):H'<(:4*(+&)@4<+%*()+(84+6%>4+8)$>4<6+M+;%=B+N +U$)74<+'<<)76VB
— K))J+(84+<4('%*%*=+6(<'H6+)*()+(84+(<"*J+$%>+U"HH4<+'<<)76VB
C.2/D/0
G#A4&(6+)<+'*%:'$6+)*+(84+(<"*J+&)@4<+(8'(+'<4+*)(+64&"<4>+)<+'<4+64&"<4>+%*&)<<4&($9+&'*+&'"64+64,
<%)"6+%*A"<%46+%*+(84+4@4*(+);+6">>4*+><%@%*=+'*>+#<'J%*=+:'*4"@4<6+)<+'*+'&&%>4*(B
● -)+*)(+6()<4+'*9+8'<>L+84'@9L+)<+68'<H,4>=4>+)#A4&(6+$))64+)<+%*+(84+H)&J4(6+)*+(84+(<"*J+&)@4<B
● /4@4<+'$$)7+'*%:'$6+()+<%>4+)*+(84+(<"*J+&)@4<B

C.2/D/0
E$)(8%*=+'*>+)(84<+%(4:6+)*+(84+$"=='=4+&):H'<(:4*(+&)@4<+:'9+<46(<%&(+9)"<+@%47+()+(84+<4'<+'*>
(84<4#9+&'"64+'&&%>4*(6+'*>+64<%)"6+%*A"<%46B
● .$7'96+6()<4+%(4:6+);+&$)(8%*=+'*>+)(84<+)#A4&(6+6)+(8'(+(849+>)+*)(+<46(<%&(+9)"<+@%47+()+(84
<4'<B

/G3DE1
3)+H<4@4*(+>':'=4+()+(84+$"=='=4+&):H'<(:4*(+&)@4<L+>)+*)(+$)'>+(84+$"=='=4+&):H'<(:4*(+6)
8%=8+(8'(+(84+$"=='=4+&):H'<(:4*(+&)@4<+H<46646+)*+(84+$)'>+784*+(84+(<"*J+$%>+%6+&$)64>B

U+66*6$(92>=*%.>$#.(3,22%(=*#$,

7*%5*4,$(,+66*6$(92>=*%.>$#.(3,22%

R%=B+
R%=B+NN+ D*+(84+$"=='=4+&):H'<(:4*(T+b%;(+"H+(84+@'<%'#$4+$"=='=4+&):H'<(:4*(+;$))<B
R%=B+
R%=B+QQ+ D*+(84+$"=='=4+&):H'<(:4*(T+X'<%'#$4+$"=='=4+&):H'<(:4*(+;$))<+;)$>4>+"HB

!=$#5#6(*#C(9,2'5#6(./$(,+66*6$(92>=*%.>$#.(3,22%
— 3)+)H4* +(84+$"=='=4+&):H'<(:4*(+;$))<L+('J4+8)$>+);+(84+8'*>$4+<4&466+%*+(84+$"=='=4+&):,
H'<(:4*(+;$))<+M+;%=B+N +'*>+;)$>+(84+$"=='=4+&):H'<(:4*(+;$))<+"H7'<>6+"*(%$+%(+%6+84$>+%*
H$'&4+#9+(84+>4(4*(6+)*+(84+6%>46+);+(84+&):H'<(:4*(+U644+'<<)76V+M+;%=B+Q B
— 3)+&$)64 +(84+$"=='=4+&):H'<(:4*(+;$))<L+="%>4+(84+$"=='=4+&):H'<(:4*(+;$))<+>)7*7'<>6
'*>+:)@4+%(+%*()+H$'&4+UM+GH4<'(%)*L+b"=='=4+&):H'<(:4*(+;$))<+U@'<%'#$4VV B

:CN+'.5#6(./$(/$56/.(23(./$(,+66*6$(92>=*%.>$#.(3,22%
-4H4*>%*=+)*+(84+@48%&$4+4I"%H:4*(L+(84+84%=8(+);+(84+@'<%'#$4+$"=='=4+&):H'<(:4*(+;$))<+:'9
#4+'>A"6('#$4B
— D;+*4&466'<9L+>4('&8+(84+$"=='=4+*4(+UM+b"=='=4+*4(L+D*6('$$'(%)*V B
— b%;(+(84+$"=='=4+&):H'<(:4*(+;$))<+'*>+H"$$+%(+#'&J7'<>6+)"(+);+(84+="%>46+)*+(84+6%>46+);+(84
$"=='=4+&):H'<(:4*(B
— D*64<(+(84+$"=='=4+&):H'<(:4*(+;$))<+%*()+(84+="%>46+'(+(84+>46%<4>+84%=8(+'*>+H"68+%(+;)<,
7'<>6+'6+;'<+'6+%(+7%$$+=)B
— 0"%>4+(84+$"=='=4+&):H'<(:4*(+;$))<+>)7*7'<>6+'*>+:)@4+%(+%*()+H$'&4+)*+(84+@48%&$4+;$))<
UM+GH4<'(%)*L+b"=='=4+&):H'<(:4*(+;$))<+U@'<%'#$4VV B
/G3DE1
D:H<)H4<+"64+:'9+>':'=4+(84+@'<%'#$4+$"=='=4+&):H'<(:4*(+;$))<+)<+(84+$"=='=4+&):H'<(,
:4*(+(<%:B
● C84*+&$)6%*=+(84+$"=='=4+&):H'<(:4*(+;$))<L+'$7'96+&'<4;"$$9+="%>4+%(+>)7*7'<>6L+'*>+>)
*)(+><)H+%(B
● .$7'96+>%6(<%#"(4+$)'>6+'6+4@4*$9+'6+H)66%#$4+'&<)66+(84+4*(%<4+$"=='=4+&):H'<(:4*(+;$))<+()
'@)%>+&)*&4*(<'(%*=+(84+$)'>+%*+'+6%*=$4+H$'&4B

-4H4*>%*=+)*+(84+:)>4$L+(84+@48%&$4+:'9+#4+4I"%HH4>+7%(8+'+<4:)@'#$4+;$45%#$4+;$))<
&)@4<%*=+%*6(4'>+);+(84+@'<%'#$4+$"=='=4+&):H'<(:4*(+;$))<B

U+66*6$(92>=*%.>$#.($[+5=>$#.

K5$MC2"#'

R%=B+
R%=B+NN+ D*+(84+$"=='=4+&):H'<(:4*(T+;%54>+'*>+;)$>%*=+(%4,>)7*6B

.(+(84+;<)*(+'*>+<4'<+);+(84+$"=='=4+&):H'<(:4*(L+(84<4+'<4+(%4,>)7*6+;)<+64&"<%*=+$))64+)#A4&(6
'*>+H%4&46+);+$"=='=4+7%(8+(84+84$H+);+(%4,>)7*+6(<'H6L+;%5'(%)*+#4$(6+)<+(4*6%)*%*=+6(<'H6
M+;%=B+N B
C.2/D/0
F*6"%('#$4+)<+>':'=4>+(%4,>)7*+6(<'H6+)<+(4*6%)*%*=+6(<'H6+&)"$>+#<4'J+>"<%*=+#<'J%*=+:',
*4"@4<6+)<+'*+'&&%>4*(B+38%6+&)"$>+<46"$(+%*+)#A4&(6+#4%*=+(8<)7*+(8<)"=8+(84+@48%&$4+%*(4<%)<
'*>+&'"6%*=+64<%)"6+)<+;'('$+%*A"<%46B
● G*$9+"64+6"%('#$4+'*>+"*>':'=4>+(%4,>)7*6+'*>+6(<'H6B
● W4&"<4+&)<>6+'*>+6(<'H6+>%'=)*'$$9+'*>+(%=8($9+'&<)66+(84+%(4:6+H$'&4>+)*+(84+$"=='=4+&):,
H'<(:4*(+;$))<L+'*>+;'6(4*+(84:+64&"<4$9+()+(84+(%4,>)7*6B
● a'J4+6"<4+(8'(+(84+"HH4<+4>=4+);+(84+&'<=)+%6+'#)@4+(84+(%4,>)7*6L+46H4&%'$$9+)*+;$'(
)#A4&(6B
● -4H4*>%*=+)*+@48%&$4+4I"%H:4*(L+;)$$)7%*=+'*9+6%=*6+'#)"(+6()<%*=+&'<=)+%*+(84+$"=='=4
&):H'<(:4*(B
● /4@4<+64&"<4+'+&8%$>+<46(<'%*(+()+(84+(%4,>)7*6B

C.2/D/0
1$'6(%&+(4*6%)*%*=+6(<'H6+:"6(+#4+6(<4(&84>+;)<+64&"<%*=+()+(84+(%4,>)7*6B+384+8))J6+'(('&84>
()+(84:+&'*+&'"64+64<%)"6+%*A"<%46B
● C84*+64&"<%*=+4$'6(%&+(4*6%)*%*=+6(<'H6+'$7'96+H<)(4&(+9)"<+4946+'*>+;'&4+;<):+%*A"<9B
● C84*+64&"<%*=L+'$7'96+8)$>+4$'6(%&+(4*6%)*%*=+6(<'H6+64&"<4$9+6)+(8'(+(849+&'**)(+6$%H+);;
'*>+<4#)"*>B
● .$7'96+64&"<4+4$'6(%&+(4*6%)*%*=+6(<'H6+()+(84+(%4,>)7*6+%*+(84+;<)*(+H'<(+);+(84+$"=='=4
&):H'<(:4*(+;%<6(L+(84*+H"$$+(84:+()+(84+$)'>+6%$$+'*>+64&"<4+(84:+()+(84+(%4,>)7*6+(84<4B+D;
(84+(4*6%)*%*=+6(<'H6+6$%H+(849+7%$$+6H<%*=+'7'9+;<):+9)"<+#)>9B

W"%('#$4+6(<'H6+'*>+&'<=)+64&"<%*=+696(4:6+&'*+#4+H<)@%>4>+#9+I"'$%;%4>+H<);466%)*'$6B
X)$J67'=4*+<4&)::4*>6+&)*('&(%*=+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>
X)$J67'=4*+W4<@%&4+R'&%$%(9B

F/2==5#6(4*6(/220'

U2*CM./%2+6/(/*.9/
R%=B+
R%=B+NN+ D*+(84+<4'<+64'(+#'&J<46(T+GH4*+$)'>,(8<)"=8+8'(&8B

R%=B+
R%=B+QQ+ D*+(84+<4'<+64'(+#'&J<46(T+GH4*+$)'>,(8<)"=8+8'(&8B
-4H4*>%*=+)*+(84+@48%&$4+4I"%H:4*(L+(84<4+:'9+#4+'+$)'>,(8<)"=8+8'(&8+%*+(84+&4*(4<+'<:<46(+%*
(84+<4'<+64'(+#'&J<46(+;)<+(<'*6H)<(%*=+$)*=+)#A4&(6L+6"&8+'6+6J%6L+%*6%>4+(84+@48%&$4B

!=$#5#6(,2*CM./%2+6/(/*.9/
— R)$>+(84+&4*(4<+'<:<46(+;)<7'<>+UM+E4*(4<+'<:<46(L+R"*&(%)*V B
— GH4*+(84+b)'>,(8<)"=8+8'(&8+;<):+%*6%>4+(84+@48%&$4T+!"$$+(84+<4$4'64+$4@4<+%*+(84+>%<4&(%)*+);
(84+'<<)7+M+;%=B+N +'*>+;)$>+(84+;$'H+;)<+$)'>,(8<)"=8+8'(&8+&):H$4(4$9+;)<7'<>+M+b)'>,
(8<)"=8+8'(&8 B
— GH4*+(84+(<"*J+$%>B
— G2T
G2T+GH4*%*=+(84+$)'>,(8<)"=8+8'(&8+;<):+(84+$"=='=4+&):H'<(:4*(T+!"68+(84+<4$4'64+$4@4<
>)7*7'<>+%*+(84+>%<4&(%)*+);+(84+'<<)7+'*>+M+;%=B+Q +H"68+(84+;$'H+;)<7'<>B
— D*64<(+$)*=+)#A4&(6+;<):+(84+$"=='=4+&):H'<(:4*(+6%>4+'*>+6$%>4+(84:+;)<7'<>+(8<)"=8+(84
$)'>,(8<)"=8+8'(&8B
— W4&"<4+)#A4&(6+7%(8+'+64'(+#4$(+%;+*4&466'<9B
— E$)64+(84+(<"*J+$%>B

E,2'5#6(./$(,2*CM./%2+6/(/*.9/
— R)$>+(84+;$'H+;)<+$)'>,(8<)"=8+8'(&8+#'&J7'<>+"*(%$+%(+'">%#$9+4*='=46B+384+<4>+:'<J+)*+(84
$"=='=4+&):H'<(:4*(+6%>4+:"6(+*)(+#4+@%6%#$4+M+b)'>,(8<)"=8+8'(&8 B
— E$)64+(84+(<"*J+$%>B
— D;+*4&466'<9L+;)$>4<+(84+&4*(4<+'<:<46(+#'&J7'<>B

C.2/D/0
R)$>%*=+'*>+"*;)$>%*=+(84+$)'>,(8<)"=8+8'(&8+%*+'*+"*&)*(<)$$4>+)<+&'<4$466+:'**4<+:'9+&'"64
64@4<4+%*A"<9B
● /4@4<+;)$>+(84+$)'>,(8<)"=8+8'(&8+>)7*+)<+"H+78%$4+><%@%*=B
● 3'J4+&'<4+784*+;)$>%*=+(84+$)'>,(8<)"=8+8'(&8+"HL+(8'(+(84+64'(+#4$(+>)46+*)(+#4&):4
(<'HH4>+)<+>':'=4>B
● S44H+8'*>6L+;%*=4<6L+;44(+'*>+)(84<+#)>9+H'<(6+'7'9+;<):+(84+$)'>,(8<)"=8+8'(&8+784*
;)$>%*=+"H+'*>+>)7*B
● D;+'+<4>+:'<J+%6+@%6%#$4+)*+(84+$)&J%*=+>%6H$'9L+(84*+(84+$)'>,(8<)"=8+8'(&8+%6+*)(+4*='=4>B
.$7'96+&84&J+(8'(+(84+<4>+:'<J+%6+*)(+@%6%#$4+784*+(84+$)'>,(8<)"=8+8'(&8+%6+%*+(84+"H<%=8(
H)6%(%)*B
● D;+(84+$)'>,(8<)"=8+8'(&8+%6+;)$>4>+>)7*+)<+*)(+H<)H4<$9+4*='=4>L+*)+H'664*=4<6L+46H4&%'$$9
&8%$><4*L+'<4+()+#4+(<'*6H)<(4>+%*+(8%6+64'(B

@223(%*90

G#.%2C+9.52#

-4H4*>%*=+)*+(84+:)>4$L+(84+@48%&$4+:'9+#4+>46%=*4>+()+8'@4+'+<));+<'&J+696(4:+%*6('$$4>B
["$J9+)#A4&(6+&'*+#4+(<'*6H)<(4>+)*+(84+@48%&$4+<));+"6%*=+(84+<));+<'&J+696(4:B
D;+9)"+'<4+*)(+6"<4+%;+9)"<+@48%&$4+%6+>46%=*4>+()+8'@4+'+<));+<'&J+696(4:+%*6('$$4>L+&84&J+7%(8+'
I"'$%;%4>+H<);466%)*'$B+X)$J67'=4*+<4&)::4*>6+&)*('&(%*=+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<
'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B
G*$9+"64+<));+<'&J+696(4:6+(8'(+X)$J67'=4*+8'6+'HH<)@4>+;)<+"64+7%(8+9)"<+@48%&$4B
-)+*)( +"64+)<+<4(<);%(+'+<));+<'&J+696(4:+%;+(8%6+%6+*)( +'HH<)@4>+;)<+9)"<+@48%&$4B

C.2/D/0
C84*+(<'*6H)<(%*=+84'@9+)<+$'<=4+)#A4&(6+)*+(84+<));+<'&JL+9)"<+@48%&$4d6+><%@%*=+&8'<'&(4<%6(%&6
&)"$>+&8'*=4+#4&'"64+);+(84+>%;;4<4*(+&4*(4<+);+=<'@%(9+)<+%*&<4'64>+7%*>+<46%6('*&4B
● .$7'96+64&"<4+&'<=)+&)<<4&($9+7%(8+6"%('#$4+'*>+"*>':'=4>+&)<>6+)<+(4*6%)*%*=+6(<'H6B
● b'<=4L+84'@9L+$)*=L+)<+;$'(+)#A4&(6+&'*+8'@4+'+*4='(%@4+4;;4&(+)*+(84+@48%&$4c6+'4<)>9*':%&6L
&4*(4<+);+=<'@%(9L+'*>+8'*>$%*=B
● .@)%>+'#<"H(+'*>+6">>4*+><%@%*=+'*>+#<'J%*=+:'*4"@4<6B
● .$7'96+'>'H(+9)"<+6H44>+'*>+><%@%*=+6(9$4+()+(84+&"<<4*(+@%6"'$L+74'(84<L+<)'>L+'*>+(<';;%&
&)*>%(%)*6B

C.2/D/0
D;+'+<));+<'&J+(8'(+%6+*)( +'HH<)@4>+;)<+(84+@48%&$4+%6+%*6('$$4>+)<+'+<));+<'&J+%6+%*6('$$4>+)*+'+@48%,
&$4+(8'(+%6+*)( +>46%=*4>+;)<+"6%*=+'+<));+<'&JL+'&&%>4*(6+'*>+64<%)"6+%*A"<%46+&'*+)&&"<B
● G*$9+"64+<));+<'&J+696(4:6+(8'(+'<4+'HH<)@4>+#9+X)$J67'=4*+;)<+9)"<+@48%&$4B
● /4@4<+%*6('$$+'+<));+<'&J+)*+'+@48%&$4+(8'(+%6+*)(+'HH<)@4>+;)<+"6%*=+'+<));+<'&JB
● D;+'+<));+<'&J+%6+*)(+'HH<)@4>+#"(+%6+%*6('$$4>+'*97'9L+(84+<'&J+&)"$>+&):4+$))64+78%$4+><%@%*=
'*>+;'$$+);;+(84+<));B

/G3DE1
D*6('$$%*=+'*9+(9H4+);+<));+<'&J+)*+'+@48%&$4+784<4+(8%6+%6+*)( +'HH<)@4>+&'*+&'"64+64<%)"6+@48%,
&$4+>':'=4B

F$9+%5#6(*(%223(%*90('1'.$>
R%=B+
R%=B+NN+ a)"*(%*=+H)%*(6+;)<+#'64+6"HH)<(6B

R)<+6';4(9+<4'6)*6L+6H4&%'$+<));+&'<<%4<+696(4:6+'<4+*44>4>+()+(<'*6H)<(+$"=='=4L+#%&9&$46L+6"<;,
#)'<>6L+6J%6L+'*>+#)'(6+6';4$9+M+ B+.*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+&'*+H<)@%>4+9)"+7%(8+6"%(,
'#$4+'&&466)<%46B

F$9+%5#6(./$(4*'$('+==2%.'(*#C(%223(%*90(4*'$
a)"*(+(84+#'64+6"HH)<(6+%*+'&&)<>'*&4+7%(8+(84+%*6(<"&(%)*6+6"HH$%4>B
384+><%$$4>+8)$46+;)<+'(('&8%*=+(84+#<'&J4(+'(+(84+;<)*(+'<4+$)&'(4>+)*+(84+"*>4<6%>46+);+(84+<));
H%$$'<6+'*>+'<4+64'$4>+);;+7%(8+H$'6(%&+6&<476+M+;%=B+N +U'<<)7VL+78%&8+*44>+()+#4+<4:)@4>+H<%)<+()
%*6('$$'(%)*B
384+:'<J6+;)<+'(('&8%*=+(84+#<'&J4(+'(+(84+<4'<+'<4+$)&'(4>+)*+(84+"*>4<6%>46+);+(84+<));+H%$$'<6
M+;%=B+N B
384+8)$46+'*>+:'<J%*=6+'<4+)*$9+@%6%#$4+784*+(84+>))<+%6+)H4*B
.;(4<+:)"*(%*=+(84+#'64+6"HH)<(6L+(84+<'&J+#'646+&'*+#4+64&"<4>+()+(84+#'64+6"HH)<(6B
C.2/D/0
W4&"<%*=+(84+#'64+6"HH)<(6+'*>+<));+<'&J+#'64+%*&)<<4&($9+)<+"6%*=+(84:+%*&)<<4&($9+&'*+&'"64
(84+4*(%<4+<));+<'&J+696(4:+()+&):4+$))64+;<):+(84+@48%&$4+<));L+78%&8+&'*+&'"64+'&&%>4*(6+'*>
%*A"<%46B
● G*$9+"64+(84+#'64+6"HH)<(6+'*>+<));+<'&J+#'64+%;+(849+'<4+"*>':'=4>+'*>+64&"<4>+&)<<4&($9B
● .$7'96+:)"*(+(84+#'64+6"HH)<(+'*>+<));+<'&J+#'64+&)<<4&($9B+R)$$)7+(84+:'*";'&("<4<c6+%*,
6('$$'(%)*+%*6(<"&(%)*6+(8'(+'<4+H<)@%>4>+7%(8+(84+<));+<'&JB
● G*$9+64&"<4+(84+#'64+6"HH)<(6+'(+(84+$)&'(%)*6+%*(4*>4>+;)<+(8%6B
● .$7'96+:)"*(+6H4&%'$+<));+<'&J+696(4:6+;)<+#%&9&$46L+6J%6L+6"<;#)'<>6L+4(&B+&)<<4&($9B+R)$$)7
(84+:'*";'&("<4<c6+%*6('$$'(%)*+%*6(<"&(%)*6+(8'(+'<4+H<)@%>4>+7%(8+(84+<));+<'&JB
● E84&J+(84+<));+&'<<%4<+:)"*(6+#4;)<4+6('<(%*=+'+A)"<*49+'*>+%;+*4&466'<9+<4(%=8(4*+';(4<+'
68)<(+>%6('*&4B+G*+$)*=+(<%H6L+&84&J+(84+(8<4'>4>+&)**4&(%)*6+'*>+;'6(4*4<6+4'&8+(%:4+9)"
('J4+'+#<4'JB
● -)+*)(+:'J4+'*9+:)>%;%&'(%)*6+)<+<4H'%<6+()+(84+#'64+6"HH)<(6+)<+(84+<));+<'&J+#'64B

U2*C5#6(*(%223(%*90('1'.$>

)*<5>+>(=$%>5''54,$(%223("$56/.
384+:'5%:":+H4<:%66%#$4+<));+$)'>+%6+^\+J=+
^\+J=+UN]\+$#6V
UN]\+$#6VB
384+<));+$)'>+&)*6%6(6+);+(84+74%=8(+);+(84+<));+<'&J+696(4:+'*>+(84+%(4:6+&'<<%4>+)*+(84+<));
<'&J+M+ B
E84&J+(84+74%=8(+);+(84+<));+<'&J+696(4:+'*>+(84+%(4:6+(8'(+7%$$+#4+(<'*6H)<(4>+)*+%(B+C4%=8+(84
%(4:6+%;+*4&466'<9B
C84*+"6%*=+'+<));+<'&J+7%(8+'+$)7+$)'>+$%:%(L+>)+*)(+$)'>+(84+<'&J+7%(8+(84+:'5%:":+H4<:%66%#$4
<));+74%=8(B+D*+(8%6+&'64L+)*$9+$)'>+(84+<));+<'&J+()+(84+74%=8(+$%:%(+$%6(4>+%*+(84+%*6('$$'(%)*
="%>4B

A5'.%54+.5#6(./$(,2*C
-%6(<%#"(4+(84+$)'>+4@4*$9+'*>+64&"<4+%(+&)<<4&($9+M+ B

C.2/D/0
.&&%>4*(6+'*>+64<%)"6+%*A"<%46+&'*+<46"$(+%;+(84+:'5%:":+H4<:%66%#$4+<));+74%=8(+%6+45&44>4>B
● /4@4<+45&44>+(84+6H4&%;%4>+<));+$)'>L+(84+0<)66+.5$4+C4%=8(+2'(%*=L+'*>+(84+0<)66+X48%&$4
C4%=8(+2'(%*=B
● -)+*)(+45&44>+(84+$)'>+$%:%(+);+(84+<));+<'&J+696(4:L+4@4*+%;+(84+<));+$)'>+%6+#4$)7+(84+$%:%(B

C.2/D/0
D(4:6+(8'(+'<4+64&"<4>+$))64$9+)<+%*&)<<4&($9+&)"$>+;'$$+);;+(84+<));+<'&J+696(4:+'*>+&'"64+'&&%,
>4*(6+'*>+%*A"<%46B
● G*$9+"64+6"%('#$4+'*>+"*>':'=4>+(%4,>)7*6+'*>+6(<'H6B
/G3DE1
a'J4+6"<4+(84+(<"*J+$%>+>)46+*)(+<"*+%*()+(84+<));+$)'>+784*+)H4*%*=+(84+$%>B

W'*6$(5#'.%+9.52#'

@$>28$(./$(%223(%*90('1'.$>(5#(./$(32,,2"5#6('9$#*%52'
— D;+(84+<));+<'&J+696(4:+%6+*)+$)*=4<+*44>4>
— [4;)<4+><%@%*=+(8<)"=8+'*+'"():'(%&+&'<+7'68
— D;+(84+84%=8(+);+(84+@48%&$4+45&44>6+(84+:'5%:":+84%=8(+$%:%(L+;)<+45':H$4+%*+'+='<'=4

/G3DE1
● 384+84%=8(+);+(84+@48%&$4+&8'*=46+784*+'+<));+<'&J+696(4:+%6+%*6('$$4>+'*>+784*+(84<4+%6
&'<=)+64&"<4>+)*+%(B+E):H'<4+(84+84%=8(+);+(84+@48%&$4+7%(8+84%=8(+&$4'<'*&46L+;)<+45':H$4
;)<+"*>4<H'6646+'*>+='<'=4+>))<6B
● 384+<));+'*(4**'L+(84+H)74<+6"*<));L+'*>+(84+(<"*J+$%>+:"6(+*)(+#4+%:H'%<4>+#9+(84+<));+<'&J
696(4:+'*>+(84+&'<=)B

.+;%((4>+<));+<'&J+%*&<4'646+'%<+<46%6('*&4+'*>+(84<4;)<4+:'9+<4>"&4+(84+@48%&$4d6+<'*=4B

K%*5,$%(.2"5#6

G#.%2C+9.52#

K$9/#59*,(%$[+5%$>$#.'

;#65#$(922,5#6('1'.$>
-<%@%*=+7%(8+'+(<'%$4<+<46"$(6+%*+'+8%=84<+$)'>+)*+(84+4*=%*4+'*>+(84+4*=%*4+&))$%*=+696(4:+384
4*=%*4+&))$%*=+696(4:+:"6(+&)*('%*+4*)"=8+&))$'*(+'*>+#4+>46%=*4>+;)<+(84+'>>%(%)*'$+$)'>+(8'(
<46"$(6+;<):+()7%*=+'+(<'%$4<B

K%*5,$%(4%*0$'
D;+(84+(<'%$4<+8'6+%(6+)7*+#<'J4+696(4:L+;)$$)7+(84+$4='$+<4="$'(%)*6B

;<.$%52%(>5%%2%'
D;+(84+'<4'+#48%*>+(84+(<'%$4<+&'**)(+#4+644*+;<):+(84+()7%*=+@48%&$4+"6%*=+(84+6('*>'<>+45(4<%)<
:%<<)<6L+%(+:'9+#4+*4&466'<9+()+%*6('$$+'>>%(%)*'$+45(4<%)<+:%<<)<6L+>4H4*>%*=+)*+(84+$)&'$+<4="$',
(%)*6B+384+45(4<%)<+:%<<)<6+:"6(+#4+'>A"6(4>+#4;)<4+><%@%*=+()+H<)@%>4+4*)"=8+@%6%#%$%(9+);+(84
'<4'+#48%*>+(84+@48%&$4B

@$.%235..5#6(*(.%*5,$%(/5.9/
G*$9+"64+'+(<'%$4<+8%(&8+(8'(+%6+'HH<)@4>+#9+X)$J67'=4*B+.$7'96+&84&J+'*>+;)$$)7+(84+6H4&%;%&',
(%)*6+;<):+(84+(<'%$4<+8%(&8+:'*";'&("<4<B

K%*5,$%(.*5,,56/.'
384+(<'%$4<+('%$$%=8(6+:"6(+;"*&(%)*+&)<<4&($9+'*>+&)*;)<:+()+$4='$+<4="$'(%)*6B+a'J4+6"<4+(84
:'5%:":+H)74<+><'7+);+(84+(<'%$4<+('%$$%=8(6+%6+*)(+45&44>4>B

K%*5,$%(>2C$(5#(/2.(*#C(92,C(92+#.%5$'
D*+6):4+&)"*(<%46L+(<'%$4<+:)>4+%6+*)(+H4<:%66%#$4+;)<+'$$+4*=%*4,(<'*6:%66%)*+&):#%*'(%)*6+>"4
()+&$%:'(%&+&)*>%(%)*6B+D;+9)"+7'*(+()+<4(<);%(+'+(<'%$4<+8%(&8L+;%<6(+&)*('&(+'*+'"(8)<%?4>+X)$J67',
=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+()+'6J+%;+(84+@48%&$4+%6+6"%('#$4+;)<+%(B

C.2/D/0
.+(<'%$4<+8%(&8+(8'(+%6+%*6('$$4>+%*&)<<4&($9+)<+(8'(+%6+*)(+6"%('#$4+;)<+(84+@48%&$4+&'*+$4'>+()+(84
(<'%$4<+64H'<'(%*=+;<):+(84+@48%&$4+(8'(+%6+()7%*=+%(B+38%6+&'*+&'"64+'&&%>4*(6+'*>+;'('$+%*A"<%46B
● /4@4<+:)"*(+'+(<'%$4<+8%(&8+)*+(84+#":H4<+)<+%(6+:)"*(6B+384+(<'%$4<+8%(&8+:"6(+*)(+%*(4<;4<4
7%(8+(84+;"*&(%)*+);+(84+#":H4<B
● -)+*)(+:'J4+'*9+:)>%;%&'(%)*6+()+(84+458'"6(+696(4:+'*>+(84+#<'J4+696(4:B

/G3DE1
● D;+(84+H)74<+&)*6":H(%)*+);+(84+(<'%$4<+%6+8%=84<+(8'*+H4<:%((4>L+(84+@48%&$4+4$4&(<%&'$+696,
(4:+&)"$>+#4+>':'=4>B
● /4@4<+&)**4&(+(84+4$4&(<%&'$+696(4:+)*+'+(<'%$4<+>%<4&($9+7%(8+(84+4$4&(<%&'$+&)**4&()<6+;)<
(84+('%$$%=8(6+)<+)(84<+H)74<+6)"<&46B+G*$9+"64+6"%('#$4+&)**4&()<6+()+6"HH$9+H)74<+()+(84
(<'%$4<B

-"4+()+(84+8%=84<+$)'>+)*+(84+@48%&$4+784*+()7%*=+'+(<'%$4<+;<4I"4*($9L+X)$J67'=4*+<4&,
)::4*>6+H4<;)<:%*=+@48%&$4+:'%*(4*'*&4+#4(744*+(84+%*6H4&(%)*+%*(4<@'$6B

F"5#65#6(2+.(./$(4*,,(/$*C(23(./$(.%*5,$%(/5.9/

384+#'$$+84'>+);+(84+(<'%$4<+8%(&8+%6+$)&'(4>+%*+(84+#":H4<B+384+4$4&(<%&'$$9+<4$4'6%*=+#'$$+84'>+%6
67"*=+)"(+:4&8'*%&'$$9+;)<+"64+'*>+&'**)(+#4+<4:)@4>B
R%=B+
R%=B+NN+ G*+(84+<%=8(+6%>4+);+(84+$"=='=4+&):H'<(:4*(T+#"(()*+;)<+<4$4'6%*=+(84+#'$$+84'>B

@$,$*'5#6(*#C('"5#65#6(2+.(./$(4*,,(/$*C
— !'<J%*=+(84+@48%&$4+UM+1$4&(<)*%&+H'<J%*=+#<'J4L+GH4<'(%)*V B
— GH4*+(84+(<"*J+$%>B
— [<%4;$9+H"$$+(84+ +M+;%=B+N +#"(()*+%*+(84+$"=='=4+&):H'<(:4*(B+384+#'$$+84'>+%6+4$4&(<%&'$$9
<4$4'64>+'*>+67%*=6+)"(+'"():'(%&'$$9B+384+%*>%&'()<+$%=8(+%*+(84+#"(()*+;$'6846B
— W7%*=+(84+#'$$+84'>+;"<(84<+"*(%$+9)"+&'*+84'<+'*>+;44$+%(+4*='=4+'*>+(84+%*>%&'()<+$%=8(+%*+(84
#"(()*+&):46+)*+&)*(%*")"6$9B
— E$)64+(84+(<"*J+$%>B

F"58$,5#6(5#(./$(4*,,(/$*C
— !'<J%*=+(84+@48%&$4+UM+1$4&(<)*%&+H'<J%*=+#<'J4L+GH4<'(%)*V B
— -4('&8+(84+(<'%$4<+'*>+>%6&)**4&(+(84+4$4&(<%&'$+&)**4&(%)*+#4(744*+(84+@48%&$4+'*>+(84+(<'%$4<B
.$6)+<4:)@4+(84+'>'H(4<+;<):+(84+(<'%$4<+6)&J4(B
— GH4*+(84+(<"*J+$%>B
— [<%4;$9+H"$$+(84+ +M+;%=B+N +#"(()*+%*+(84+$"=='=4+&):H'<(:4*(B+384+#'$$+84'>+%6+4$4&(<%&'$$9
<4$4'64>B
— W7%*=+(84+#'$$+84'>+"*>4<+(84+#":H4<+"*(%$+9)"+&'*+84'<+'*>+;44$+%(+4*='=4+'*>+(84+%*>%&'()<
$%=8(+%*+(84+#"(()*+&):46+)*+&)*(%*")"6$9B
— E$)64+(84+(<"*J+$%>B
)$*#5#6(23(./$(5#C59*.2%(,56/.(5#(./$(4+..2#
— C84*+(84+%*>%&'()<+$%=8(+%*+(84+M+;%=B+N +#"(()*+&):46+)*+&)*(%*")"6$9+784*+(84+(<"*J+$%>+%6
)H4* L+(84+#'$$+:)"*(+%6+&)<<4&($9+4*='=4>+%*+(84+67%@4$4>+)"(+)<+67%@4$4>+%*+H)6%(%)*B
— C84*+(84+%*>%&'()<+$%=8(+%*+(84+#"(()*+;$'6846 L+(84+#'$$+84'>+%6+*)(+H<)H4<$9+4*='=4>+)<+(84
#'$$+84'>+%6+>':'=4>+M+ B
— 384+%*>%&'()<+$%=8(+%*+(84+#"(()*+("<*6+);;+'HH<)5B+)*4+:%*"(4+';(4<+(84+(<"*J+$%>+%6+&$)64>B

C.2/D/0
D:H<)H4<+"64+);+(84+(<'%$4<+8%(&8+&'*+&'"64+%*A"<%46+'*>+'&&%>4*(6B
● G*$9+"64+(84+#'$$+84'>+%;+%(+8'6+4*='=4>+H<)H4<$9B
● a'J4+6"<4+(8'(+*)+H4)H$4L+'*%:'$6+)<+)#A4&(6+'<4+%*+(84+67%@4$+<'*=4+);+(84+#'$$+84'>B
● /4@4<+%*(4<@4*4+%*+(84+67%@4$+H<)&4>"<4+);+(84+#'$$+84'>+7%(8+'%>6+)<+())$6B
● /4@4<+H<466+(84+ +#"(()*+78%$4+'+(<'%$4<+%6+8%(&84>+)<+'+$"=='=4+<'&J+)<+)(84<+'>>,)*+H'<(+%6
&)**4&(4>+()+(84+#'$$+84'>B
● D;+(84+#'$$+84'>+>)46+*)(+4*='=4+H<)H4<$9+)<+%;+(84+4$4&(<%&'$+696(4:+)<+(<'%$4<+8%(&8+8'6+:'$,
;"*&(%)*4>L+>)+*)(+"64+(84+(<'%$4<+8%(&8+'*>+8'@4+%(+&84&J4>+#9+'*+'"(8)<%?4>+X)$J67'=4*
>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B
● D;+(84+>%':4(4<+);+(84+#'$$+%*+(84+6:'$$46(+'<4'+%6+$466+(8'*+Z`+::L+*4@4<+"64+%(+'6+'+(<'%$4<
8%(&8B

/G3DE1
-)+*)(+>%<4&(+'+8%=8+H<466"<4+&$4'*4<+)<+6(4':+A4(+>%<4&($9+()7'<>6+(84+67%@4$%*=+#'$$+84'>+)<
(84+%*6('$$4>+(<'%$4<+6)&J4(B+W4'$6+&'*+#4+>':'=4>+)<+(84+=<4'64+*44>4>+;)<+$"#<%&'(%)*+&)"$>+#4
7'684>+)"(B

D*+(84+&'64+);+45(<4:4$9+$)7+)"(6%>4+(4:H4<'("<46L+%(+:'9+*)(+#4+H)66%#$4+()+67%@4$+(84
#'$$+84'>B+D*+(8%6+&'64L+6%:H$9+:)@4+(84+@48%&$4+()+7'<:4<+'<4'6L+6"&8+'6+%*+'+='<'=4B

:..*9/5#6(*(45919,$(9*%%5$%(.2(./$(.2"5#6(4%*90$.(4*,,(>2+#.

G*$9+"64+#%&9&$4+&'<<%4<6+(8'(+X)$J67'=4*+8'6+'HH<)@4>+;)<+"64+7%(8+9)"<+@48%&$4B
.(('&8+(84+#%&9&$4+&'<<%4<+'&&)<>%*=+()+(84+:'*";'&("<4<d6+%*6(<"&(%)*6B
.+:'5%:":+);+(8<44+#%&9&$46+:'9+#4+:)"*(4>+)*+(84+#%&9&$4+&'<<%4<+M+ B+!$'&4+84'@9+#%&9&$46
'6+&$)64+'6+H)66%#$4+()+(84+@48%&$4+U#'$$+:)"*(VB

)*<5>+>(9*%%15#6(,2*C
384+:'5%:":+&'<<9%*=+$)'>+U&'<<9%*=+696(4:+%*&$">%*=+'>>%(%)*+$)'>V+;)<+(84+#%&9&$4+&'<<%4<+'(,
('&84>+()+(84+#'$$+84'>+%6+^\+J=
^\+J=B+K)74@4<L+>)+*)(+45&44>+(84+:)>4$,>4H4*>4*(L+:'5%:":
><'7#'<+$)'>+);+(84+()7%*=+#<'&J4(+UM+3<'%$4<+()7%*=L+34&8*%&'$+>'('V B
C.2/D/0
D:H<)H4<+"64+);+'+#%&9&$4+<'&J+:)"*(4>+)*+(84+#'$$+:)"*(+);+(84+(<'%$4<+8%(&8+&'*+&'"64+%*A"<9
'*>+'&&%>4*(6B
● .$7'96+<4'>+'*>+;)$$)7+(84+#%&9&$4+<'&J+:'*";'&("<4<d6+'664:#$9+%*6(<"&(%)*6B
● /4@4<+45&44>+(84+6H4&%;%4>+$)'>+&'H'&%(9+'*>+)@4<8'*=B
● /4@4<+64&"<4+'+#%&9&$4+<'&J+)*+(84+#'$$+:)"*(+*4&J+#4$)7+(84+&)"H$%*=+#'$$B+384+#%&9&$4+<'&J
&)"$>+6$%H+#4&'"64+);+(84+68'H4+);+(84+#'$$+:)"*(+*4&JB

/G3DE1
D;+4%(84<+(84+$)'>+&'H'&%(9+)<+(84+67%*=+<'*=4+6('(4>+%*+(84+:'*";'&("<4<d6+'664:#$9+%*6(<"&,
(%)*6+%6+45&44>4>L+%(+:'9+<46"$(+%*+6%=*%;%&'*(+>':'=4+()+(84+@48%&$4B
● /4@4<+45&44>+(84+@'$"46+6H4&%;%4>+%*+(84+'664:#$9+%*6(<"&(%)*6B

X)$J67'=4*+<4&)::4*>6+<4:)@%*=+'6+:'*9+#%&9&$4+'&&466)<%46+)<+'(('&8:4*(6+'6+H)66%,
#$4+#4;)<4+(84+A)"<*49B+38%6+%*&$">46+#%&9&$4+#'6J4(6+'*>+H'*%4<6L+&8%$>+64'(6+'*>+#'((4<,
%46B+38%6+%:H<)@46+(84+7%*>+$)'>+'*>+(84+&4*(4<+);+=<'@%(9+);+(84+&'<<9%*=+696(4:B

X)$J67'=4*+<4&)::4*>6+<4:)@%*=+'6+:'*9+#%&9&$4+'&&466)<%46+)<+'(('&8:4*(6+'6+H)66%,
#$4+#4;)<4+(84+A)"<*49B+38%6+%*&$">46+#%&9&$4+#'6J4(6+'*>+H'*%4<6L+&8%$>+64'(6+'*>+#'((4<,
%46B+38%6+%:H<)@46+(84+7%*>+$)'>+'*>+(84+&4*(4<+);+=<'@%(9+);+(84+&'<<9%*=+696(4:B

K%*5,$%(.2"5#6(5#32%>*.52#

K%*5,$%('290$.
384+()7%*=+@48%&$4+'*>+(84+(<'%$4<+'<4+&)**4&(4>+4$4&(<%&'$$9+"6%*=+'+NO,H%*+(<'%$4<+6)&J4(B+384+H%*
'66%=*:4*(+&)*;)<:6+()+-D/+DWG+NNZZ]B
D;+(84+(<'%$4<+8'6+'+^,H%*+&)**4&()<
^,H%*+&)**4&()<L+'+6"%('#$4+'>'H(4<+:"6(+#4+"64>B
D;+9)"+'<4+*)(+6"<4+8)7+()+&)**4&(+(84+(<'%$4<+7%(8+(84+()7%*=+@48%&$4c6+4$4&(<%&'$+696(4:+&)<<4&(,
$9L+=4(+H<);466%)*'$+'66%6('*&4B+X)$J67'=4*+<4&)::4*>6+&)*('&(%*=+'*+'"(8)<%?4>+X)$J67'=4*
>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B

G#.$6%*.5#6(5#.2(./$(*#.5M./$3.(*,*%>('1'.$>
384+(<'%$4<+%6+%*(4=<'(4>+%*()+(84+'*(%,(84;(+'$'<:+696(4:+%;+(84+;)$$)7%*=+<4I"%<4:4*(6+'<4+:4(T
— D;+(84+@48%&$4+%6+4I"%HH4>+7%(8+'+;'&()<9,%*6('$$4>+'*(%,(84;(+'$'<:+696(4:+'*>+(<'%$4<+8%(&8B
— D;+(84+(<'%$4<+%6+&)**4&(4>+()+(84+4$4&(<%&'$+696(4:+%*+(84+()7%*=+@48%&$4B
— D;+(84+@48%&$4+'*>+(<'%$4<+4$4&(<%&'$+696(4:6+'<4+;"*&(%)*%*=+&)<<4&($9+'*>+'<4+*)(+>':'=4>B
— D;+(84+@48%&$4+7'6+$)&J4>+"6%*=+(84+@48%&$4+J49+'*>+(84+'*(%,(84;(+'$'<:+696(4:+%6+'&(%@4B

C84*+(84+@48%&$4+%6+$)&J4>L+(84+'$'<:+7%$$+#4+(<%==4<4>+%;+(84+4$4&(<%&'$+&)**4&(%)*+()+(84+(<'%$4<+%6
>%6&)**4&(4>B
G#.$6%*.5#6(5#.2(./$(*#.5M./$3.(*,*%>('1'.$>(
G#.$6%*.5#6(5#.2(./$(*#.5M./$3.(*,*%>('1'.$>(H.%*5,$%("5./(U;A
H.%*5,$%("5./(U;A
.*5,,56/.'I
3<'%$4<6+7%(8+b1-+('%$$%=8(6+&'**)(+#4+%*(4=<'(4>+%*()+(84+'*(%,(84;(+'$'<:+696(4:+>"4+()+(84
(4&8*)$)=9+%*@)$@4>B
C84*+(84+@48%&$4+%6+$)&J4>L+(84+'$'<:+7%$$+*)(+#4+(<%==4<4>+%;+(84+4$4&(<%&'$+&)**4&(%)*+()+(84
(<'%$4<+7%(8+b1-+('%$$%=8(6+%6+>%6&)**4&(4>B

C.2/D/0
D:H<)H4<$9+)<+%*&)<<4&($9+&)**4&(4>+4$4&(<%&'$+7%<46+&'*+4$4&(<%;9+(84+(<'%$4<+'*>+$4'>+()+:'$,
;"*&(%)*6+%*+(84+4*(%<4+@48%&$4+4$4&(<%&'$+696(4:+'6+74$$+'6+'&&%>4*(6+'*>+64<%)"6+%*A"<%46B
● K'@4+'$$+7)<J+)*+(84+4$4&(<%&'$+696(4:+H4<;)<:4>+)*$9+#9+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<
)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B
● /4@4<+&)**4&(+(84+4$4&(<%&'$+696(4:+)*+'+(<'%$4<+7%(8+(84+4$4&(<%&'$+&)**4&()<6+;)<+(84+('%$,
$%=8(6+)<+)(84<+H)74<+6)"<&46+)*+(84+()7%*=+@48%&$4B

C.2/D/0
E)*('&(+#4(744*+(84+H%*6+)*+(84+(<'%$4<+6)&J4(+&'*+&'"64+68)<(+&%<&"%(6L+)@4<$)'>%*=+);+84+4$4&,
(<%&'$+696(4:L+)<+:'$;"*&(%)*+);+(84+$%=8(%*=+696(4:L+78%&8+&'*+<46"$(+%*+'&&%>4*(6+'*>+64<%)"6
%*A"<%46B
● /4@4<+&)**4&(+(84+H%*6+%*+(84+(<'%$4<+6)&J4(+7%(8+)*4+'*)(84<B
● K'@4+#4*(+H%*6+<4H'%<4>+)*$9+#9+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*
W4<@%&4+R'&%$%(9B

/G3DE1
.+(<'%$4<+(8'(+%6+<46(%*=+)*+'+6"HH)<(%*=+7844$+)<+)*+(84+(<'%$4<+6"HH)<(+68)"$>+*)(+<4:'%*
8%(&84>+()+(84+@48%&$4B+384+@48%&$4+&)"$>+<'%64+)<+$)74<+%;+(84+$)'>+&8'*=46+)<+'+(%<4+%6+>':'=4>B
38%6+7)"$>+H"(+=<4'(+6(<466+)*+(84+(<'%$4<+8%(&8+'*>+(84+(<'%$4<L+78%&8+&)"$>+$4'>+()+>':'=4+()
(84+@48%&$4+'*>+(<'%$4<B

D;+(84<4+'<4+:'$;"*&(%)*6+%*+(84+@48%&$4+)<+(<'%$4<+4$4&(<%&'$+696(4:+)<+%*+(84+'*(%,(84;(
'$'<:+696(4:L+8'@4+(84+@48%&$4+%*6H4&(4>+#9+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8),
<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B

D;+(84+4*=%*4+%6+6()HH4>+'*>+'&&466)<%46+)*+(84+(<'%$4<+'<4+)*+78%$4+(84<4+%6+'*+4$4&(<%&'$
&)**4&(%)*+(8<)"=8+(84+(<'%$4<+6)&J4(L+(84*+(84+NQ+X+@48%&$4+#'((4<9+7%$$+><'%*B

384+4$4&(<%&'$+&)**4&(%)*+()+(84+(<'%$4<+7%$$+#4+'"():'(%&'$$9+>%6&)**4&(4>+%;+(84+&8'<=4
$4@4$+);+(84+NQ+X+@48%&$4+#'((4<9+#4&):46+())+$)7B

U2*C5#6(*(.%*5,$%

K%*5,$%(,2*C(*#C(.2#6+$("$56/.
384+(<'%$4<+$)'>+%6+(84+74%=8(+(8'(+(84+@48%&$4+&'*+()7B
384+()*="4+74%=8(+%6+(84+$)'>+(8'(+H<46646+>)7*+@4<(%&'$$9+;<):+'#)@4+)*()+(84+8%(&8+#'$$+);+(84
(<'%$4<+8%(&8B
384+(<'%$4<+$)'>+'*>+()*="4+74%=8(+6H4&%;%&'(%)*6+)*+(84+(<'%$4<+8%(&8+>'('+H$'(4+'<4+6%:H$9+(84
(46(+@'$"46+;)<+(84+(<'%$4<+8%(&8B+384+@48%&$4,#'64>+6H4&%;%&'(%)*6L+78%&8+'<4+);(4*+#4$)7 +(8464
@'$"46L+&'*+#4+;)"*>+%*+9)"<+@48%&$4+>)&":4*(6B+384+6H4&%;%&'(%)*6+%*+(84+$4='$+@48%&$4+>)&",
:4*(6+'$7'96+('J4+H<4&4>4*&4B
384+:'5%:": +H4<:%66%#$4+()*="4+74%=8(
()*="4+74%=8(+);+(84+(<'%$4<+><'7#'<+)*+(84+(<'%$4<+8%(&8+#'$$+:"6(
*)(+45&44>+_P+J=
_P+J=B
D*+(84+%*(4<46(+);+><%@%*=+6';4(9L+X)$J67'=4*+<4&)::4*>6+'$7'96+"6%*=+(84+;"$$+:'5%:":+H4<,
:%66%#$4+()*="4+74%=8(B+3)*="4+74%=8(+(8'(+%6+())+$)7+';;4&(6+(84+(<'%$4<d6+8'*>$%*=B
384+()*="4+74%=8(+%*&<4'646+(84+74%=8(+)*+(84+<4'<+'5$4+'*>+<4>"&46+(84+H)66%#$4+$)'>+%*+(84
@48%&$4B

K2"5#6("$56/.
384+()7%*=+74%=8(+&)*6%6(6+);+(84+'&("'$+74%=8(6+);+(84+$)'>4>+()7%*=+@48%&$4+'*>+(84+$)'>4>
(<'%$4<B
D*+6):4+&)"*(<%46L+(<'%$4<6+'<4+>%@%>4>+%*()+&$'6646B+X)$J67'=4*+<4&)::4*>6+&)*6"$(%*=+7%(8+'*
'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+'#)"(+6"%('#$4+(<'%$4<6B

U2*C5#6(*(.%*5,$%
384+$)'>+68)"$>+#4+#'$'*&4>B+F64+(84+:'5%:":+H4<:%66%#$4+()*="4+74%=8(+'*>+>)+*)(+$)'>+(84
(<'%$4<+"*4@4*$9+#9+H"((%*=+:)<4+74%=8(+'(+4%(84<+(84+;<)*(+)<+(84+#'&JB
— -%6(<%#"(4+(84+$)'>+)*+(84+(<'%$4<+6)+(8'(+84'@9+)#A4&(6+'<4+'6+&$)64+()+(84+'5$4+'6+H)66%#$4B
— W4&"<4+(84+$)'>+)*+(84+(<'%$4<+&)<<4&($9B

K5%$(=%$''+%$
384+(%<4+H<466"<4+;)<+(84+(%<46+)*+(84+(<'%$4<+%6+#'64>+)*+(84+<4&)::4*>'(%)*+);+(84+(<'%$4<
:'*";'&("<4<B
C84*+()7%*=+'+(<'%$4<L+%*;$'(4+(84+(%<46+)*+(84+()7%*=+@48%&$4+()+(84+:'5%:":+H4<:%66%#$4+(%<4
H<466"<4+UM+3%<4+H<466"<4L+D*(<)>"&(%)*Y=4*4<'$+%*;)<:'(%)*V B

C.2/D/0
D;+(84+0<)66+.5$4+C4%=8(+2'(%*=L+()*="4+74%=8(L+0<)66+X48%&$4+C4%=8(+2'(%*=L+)<+()7%*=+74%=8(
);+(84+@48%&$4+'*>+(84+(<'%$4<+'<4+45&44>4>L+'&&%>4*(6+'*>+64<%)"6+%*A"<%46+&'*+<46"$(B
● /4@4<+45&44>+(84+6H4&%;%4>+@'$"46B
● /4@4<+45&44>+(84+0<)66+.5$4+C4%=8(+2'(%*=+)*+(84+;<)*(+)<+<4'<+'5$4B+/4@4<+45&44>+(84+0<)66
X48%&$4+C4%=8(+2'(%*=+;)<+(84+;<)*(+'*>+<4'<+74%=8(+);+(84+@48%&$4B
C.2/D/0
W$%>%*=+$)'>6+&'*+&)*6%>4<'#$9+%:H'%<+><%@%*=+6('#%$%(9+'*>+(<'%$4<+6';4(9+'*>+%*&<4'64+(84+<%6J+);
'&&%>4*(6+'*>+64<%)"6+%*A"<%46B
● .$7'96+$)'>+(<'%$4<6+&)<<4&($9B
● .$7'96+64&"<4+&'<=)+7%(8+6"%('#$4+'*>+"*>':'=4>+&)<>6+)<+(4*6%)*%*=+6(<'H6B

A%585#6("5./(*(.%*5,$%

L$*C,56/.(*CN+'.>$#.
C84*+'+(<'%$4<+%6+'(('&84>L+(84+;<)*(+H'<(+);+(84+@48%&$4+:'9+#4+$%;(4>L+'*>+(84+>%HH4>+#4':+84'>,
$%=8(6+:'9+>'??$4+)(84<+<)'>+"64<6B+b)74<+(84+#4':+&)<<46H)*>%*=$9+"6%*=+(84+84'>$%=8(+<'*=4
&)*(<)$B+X48%&$46+7%(8+>9*':%&+84'>$%=8(+<'*=4+&)*(<)$+'>A"6(+'"():'(%&'$$9+'*>+>)+*)(+*44>+()
#4+:'*"'$$9+'>A"6(4>B

E/*%*9.$%5'.59'("/$#(C%585#6("5./(*(.%*5,$%
)@4<<"*+#<'J4+;%<6(+#<'J4+=4*($9 +(84*+<'H%>$9B+38%6+'@)%>6
— C84*+><%@%*=+7%(8+'+(<'%$4<+7%(8+'*+)@4<<"*+#<'J4
#<'J%*=+A)$(6+>"4+()+(84+(<'%$4<+7844$6+$)&J%*=B
— 384+#<'J%*=+>%6('*&4+%*&<4'646+>"4+()+(84+=<)66+&):#%*'(%)*+74%=8(+U);+(84+(<'%$4<+'*>
@48%&$4VB
— F64+(84+4*=%*4+'6+'*+'>>%(%)*'$+#<'J4+)*+6$)H46B+G(84<7%64+(84+#<'J4+696(4:+:'9+)@4<84'(
'*>+H)66%#$9+;'%$B
— D;+><%@%*=+'+@48%&$4+7%(8+'+:'*"'$+(<'*6:%66%)*L+68%;(+()+'+$)74<+=4'<+#4;)<4+6$)H46B
— W4$4&(+'+$)74<+=4'<+784*+><%@%*=+7%(8+'*+'"():'(%&+=4'<#)5+%*+3%H(<)*%&+:)>4B

— 384+@48%&$4d6+&4*(4<+);+=<'@%(9L+'*>+(84<4#9+'$6)+%(6+><%@%*=+&8'<'&(4<%6(%&6L+'<4+&8'*=4>+#9+(84
()7%*=+74%=8(+'*>+(84+%*&<4'64>+()('$+74%=8(+);+(84+@48%&$4+'*>+(<'%$4<B
— .*+4:H(9+()7%*=+@48%&$4+'*>+$)'>4>+(<'%$4<+&<4'(4+'+@4<9+"*;'@)<'#$4+74%=8(+>%6(<%#"(%)*B
-<%@4+@4<9+&'<4;"$$9+'*>+6$)7$9+7%(8+(8%6+&):#%*'(%)*B

A%585#6(2#(/5,,'("5./(*(.%*5,$%
-4H4*>%*=+)*+(84+'*=$4+);+(84+8%$$+'*>+(84+()('$+74%=8(+);+(84+(<'%$4<L+'+H'<J4>+(<'%$4<+:'9+<)$$
#'&J+6$%=8($9+784*+9)"+6('<(+><%@%*=B
C84*+()7%*=+'+(<'%$4<L+6('<(+)*+'+8%$$+'6+;)$$)76T
— !<466+'*>+8)$>+(84+#<'J4+H4>'$B
— !<466+(84+ +#"(()*+)*&4+()+67%(&8+);;+(84+4$4&(<)*%&+H'<J%*=+#<'J4+UM+1$4&(<)*%&+H'<J%*=
#<'J4L+-46&<%H(%)*V B
— C%(8+'+:'*"'$+(<'*6:%66%)*L+;"$$9+>4H<466+(84+&$"(&8+H4>'$B
— 1*='=4+N6(+=4'<+)<+(84+64$4&()<+$4@4<+H)6%(%)*+-YW
-YWB
— 1*='=4+N6(+=4'<+)<+(84+64$4&()<+$4@4<+H)6%(%)*+-
-B
— !"$$+'*>+8)$>+(84+ +#"(()*+()+8)$>+(84+@48%&$4+'*>+(<'%$4<+7%(8+(84+4$4&(<)*%&+H'<J%*=+#<'J4B
— 24$4'64+(84+#<'J4+H4>'$B
— W('<(+><%@%*=+6$)7$9B
— C%(8+'+:'*"'$+(<'*6:%66%)*L+'$6)+6$)7$9+<4$4'64+(84+&$"(&8+H4>'$B
— G*$9+<4$4'64+(84+ +67%(&8+)*&4+(84+4*=%*4+8'6+&<4'(4>+4*)"=8+><%@4+H)74<+()+6('<(+><%@%*=B

C.2/D/0
3)7%*=+'+(<'%$4<+%*&)<<4&($9+&'*+<46"$(+%*+$)66+);+&)*(<)$+);+(84+@48%&$4+'*>+&'"64+64<%)"6+%*A"<%46B
● -<%@%*=+7%(8+'+(<'%$4<+'*>+(<'*6H)<(%*=+84'@9+)<+$'<=4+)#A4&(6+&'*+&8'*=4+(84+@48%&$4+8'*,
>$%*=+H4<;)<:'*&4+'*>+%*&<4'64+(84+#<'J%*=+>%6('*&4B
● .$7'96+><%@4+&'<4;"$$9+'*>+(<9+()+'*(%&%H'(4+78'(+:'9+#4+'84'>B+[<'J4+4'<$%4<+(8'*+"6"'$B
● .$7'96+'>'H(+9)"<+6H44>+'*>+><%@%*=+6(9$4+()+(84+&"<<4*(+@%6"'$L+74'(84<L+<)'>L+'*>+(<';;%&
&)*>%(%)*6B+24>"&4+(84+@48%&$4+6H44>L+46H4&%'$$9+784*+><%@%*=+>)7*8%$$B
● .&&4$4<'(4+7%(8+45(<'+&'<4+'*>+&'"(%)*B+.@)%>+'#<"H(+'*>+6">>4*+><%@%*=+'*>+#<'J%*=
:'*4"@4<6B
● [4+@4<9+&'<4;"$+784*+H'66%*=B+24>"&4+@48%&$4+6H44>+'6+6))*+'6+9)"+>4(4&(+(84+6$%=8(46(
67'9%*=+:)@4:4*(+%*+(84+(<'%$4<B
● /4@4<+(<9+()+g6(<'%=8(4*+)"(h+'+67'9%*=+@48%&$4+'*>+(<'%$4<+#9+'&&4$4<'(%*=B
● .>84<4+()+(84+'HH$%&'#$4+:'5%:":+6H44>+$%:%(L+78%&8+:'9+#4+$)74<+;)<+@48%&$46+()7%*=+'
(<'%$4<+(8'*+%(+%6+;)<+@48%&$46+(8'(+'<4+*)(+()7%*=+'+(<'%$4<B

K%*5,$%('.*45,5V*.52#

D;+'+(<'%$4<+%6+8%(&84>+()+(84+@48%&$4+'*>+%(+#4=%*6+()+67'9L+(84+(<'%$4<+6('#%$%?'(%)*+&'*+>4(4&(4>
(8%6+'*>+&)"*(4<6(44<B
3<'%$4<+6('#%$%?'(%)*+%6+'*+'>>%(%)*'$+;4'("<4+);+(84+1$4&(<)*%&+W('#%$%(9+E)*(<)$+U1WEVB
D;+(84+696(4:+>4(4&(6+(8'(+(84+(<'%$4<+%6+67'9%*=L+(84+(<'%$4<+6('#%$%?'(%)*+7%$$+'"():'(%&'$$9+&)"*,
(4<6(44<+()+(84+<4>"&4+g@%#<'(%)*h+);+(84+(<'%$4<B

K%*5,$%('.*45,5V*.52#(%$[+5%$>$#.'
— 384+(<'%$4<+8%(&8+:"6(+#4+%*6('$$4>+'(+(84+;'&()<9+)<+'+&):H'(%#$4+(<'%$4<+8%(&8+:"6(+#4
<4(<);%((4>B
— 1$4&(<)*%&+W('#%$%(9+E)*(<)$+U1WEV+'*>+.*(%,W$%H+24="$'(%)*+U.W2V+:"6(+#4+'&(%@4B+384+ +)<+ +%*,
>%&'()<+$%=8(+%*+(84+%*6(<":4*(+&$"6(4<+:"6(+*)(+#4+)*B
— 384+(<'%$4<+:"6(+#4+&)**4&(4>+()+(84+4$4&(<%&'$+696(4:+%*+(84+()7%*=+@48%&$4+"6%*=+(84+(<'%$4<
6)&J4(B
— 384+><%@%*=+6H44>+:"6(+#4+$466+(8'*+O^+:H8+U]P+J:Y8VB
— 384+:'5%:":+()*="4+74%=8(+:"6(+#4+"64>B
— 384+(<'%$4<+:"6(+8'@4+'+;%54>+><'7#'<B
— [<'J4>+(<'%$4<6+:"6(+8'@4+'+:4&8'*%&'$+)@4<<"*+H<)(4&(%)*+>4@%&4B
C.2/D/0
-)+*)(+'$$)7+(84+%*&<4'64>+&)*@4*%4*&4+H<)@%>4>+#9+(84+(<'%$4<+6('#%$%?'(%)*+()+(4:H(+9)"+%*()
('J%*=+<%6J6B
● .$7'96+'>'H(+9)"<+6H44>+'*>+><%@%*=+6(9$4+()+(84+&"<<4*(+@%6"'$L+74'(84<L+<)'>L+'*>+(<';;%&
&)*>%(%)*6B
● .&&4$4<'(4+&'<4;"$$9+)*+6$%HH4<9+<)'>6B
● 24:)@4+9)"<+;))(+;<):+(84+'&&4$4<'()<+H4>'$+784*+'+696(4:+%6+'&(%@4$9+<4="$'(%*=B

C.2/D/0
384+(<'%$4<+6('#%$%?'(%)*+:'9+*)(+#4+'#$4+()+>4(4&(+'$$+><%@%*=+6%("'(%)*6+&)<<4&($9B
● 384+(<'%$4<+6('#%$%?'(%)*+67%(&846+);;+784*+1WE+%6+>4'&(%@'(4>B
● 3<'%$4<+6('#%$%?'(%)*+:'9+*)(+'$7'96+>4(4&(+%;+'+$%=8(+(<'%$4<+%6+67'9%*=+'*>+6('#%$%?4+%(B
● C84*+><%@%*=+)*+6$%HH4<9+<)'>6+7%(8+H))<+(<'&(%)*L+(84+(<'%$4<+&'*+6(%$$+A'&JJ*%;4 +>46H%(4+(84
(<'%$4<+6('#%$%?'(%)*B
● 3<'%$4<6+7%(8+'+8%=8+&4*(4<+);+=<'@%(9+&'*+(%H+#4;)<4+9)"+*)(%&4+'*9+67'9%*=+#'&J+'*>+;)<(8B
● D;+(84<4+%6+*)+(<'%$4<+8%(&84>+()+(84+@48%&$4+#"(+(84<4+%6+'+&)**4&()<+%*+(84+(<'%$4<+6)&J4(L+;)<
45':H$4+;<):+'+#%J4+&'<<%4<+7%(8+$%=8(6L+6">>4*+#<'J%*=+:'*4"@4<6+:'9+)&&"<+'"():'(%&'$$9
%*+45(<4:4+><%@%*=+6%("'(%)*6B

@$.%235..5#6(*(.%*5,$%(/5.9/
R%=B+
R%=B+NN+ -%:4*6%)*6+'*>+:)"*(%*=+H)%*(6+;)<+<4(<);%((%*=+'+(<'%$4<+8%(&8B

384+&)<<4&(+>%:4*6%)*6+:"6(+'$7'96+#4+"64>+784*+<4(<);%((%*=+'+(<'%$4<+8%(&8+M+;%=B+N B+384+6:'$$,
4<+6H4&%;%4>+>%:4*6%)*+;<):+(84+&4*(4<+);+(84+#'$$+8%(&8+()+(84+<)'>+6"<;'&4+ R +:"6(+'$7'96+#4
:4(B+38%6+'$6)+'HH$%46+784*+(84+@48%&$4+%6+;"$$9+$)'>4>+%*&$">%*=+(84+:'5%:":+()*="4+74%=8(B

. a)"*(%*=+H)%*(6
[ _\N+::
E \OQ+::
- ONQ+::
1 :%*B+]\+::
R O\PrZQP+::
0 NPZO+::
K NPZ_+::
X)$J67'=4*+<4&)::4*>6+8'@%*=+'+(<'%$4<+8%(&8+<4(<);%((4>+#9+'+I"'$%;%4>+H<);466%)*'$B+R)<+45':,
H$4L+:)>%;%&'(%)*6+()+(84+&))$%*=+696(4:+)<+%*6('$$'(%)*+);+84'(+68%4$>6+:'9+#4+*4&466'<9B+X)$J,
67'=4*+<4&)::4*>6+&)*('&(%*=+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<,
@%&4+R'&%$%(9B

C.2/D/0
D:H<)H4<$9+)<+%*&)<<4&($9+&)**4&(4>+4$4&(<%&'$+7%<46+&'*+$4'>+()+:'$;"*&(%)*6+%*+(84+4*(%<4+@48%,
&$4+4$4&(<%&'$+696(4:+'6+74$$+'6+'&&%>4*(6+'*>+64<%)"6+%*A"<%46B
● /4@4<+&)**4&(+(84+4$4&(<%&'$+696(4:+)*+'+(<'%$4<+>%<4&($9+7%(8+(84+4$4&(<%&'$+&)**4&()<6+;)<
(84+('%$$%=8(6+)<+)(84<+"*6"%('#$4+H)74<+6)"<&46B+G*$9+"64+6"%('#$4+&)**4&()<6+()+&)**4&(+(84
(<'%$4<B
● D;+<4(<);%((%*=+(84+@48%&$4+7%(8+'+(<'%$4<+8%(&8L+8'@4+(84+7)<J+H4<;)<:4>+#9+'+I"'$%;%4>+;'&%$%(9B

C.2/D/0
.+(<'%$4<+8%(&8+(8'(+%6+%*6('$$4>+%*&)<<4&($9+)<+(8'(+%6+*)(+6"%('#$4+;)<+(84+@48%&$4+&'*+$4'>+()+(84
(<'%$4<+64H'<'(%*=+;<):+(84+@48%&$4+(8'(+%6+()7%*=+%(B+38%6+&'*+&'"64+'&&%>4*(6+'*>+;'('$+%*A"<%46B

G*$9+"64+(<'%$4<+8%(&846+(8'(+X)$J67'=4*+8'6+'HH<)@4>+;)<+9)"<+@48%&$4+(9H4B

K%2+4,$'/22.5#6

(K%*5,$%(/5.9/(4*,,(/$*C(#2.('$9+%$C
384+94$$)7+%*>%&'()<+$%=8(+("<*6+)*B
— -)+*)(+"64+()7%*=+#<'&J4(B+E84&J+()7%*=+#<'&J4(+&'(&8+UM+GH4<'(%)*L+1$4&(<%&'$+#'$$+:)"*(V B
— D;+(84+H<)#$4:+H4<6%6(6L+&)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*
W4<@%&4+R'&%$%(9B

?+$,(*#C($>5''52#'(92#.%2,('1'.$>

F*3$.1(=%$9*+.52#'(32%(/*#C,5#6(3+$,

C.2/D/0
K'*>$%*=+;"4$+%*&)<<4&($9+&'*+&'"64+45H$)6%)*6L+;%<46L+64@4<4+#"<*6L+'*>+)(84<+%*A"<%46B
● [4;)<4+<4;"4$%*=L+68"(+>)7*+(84+4*=%*4+'*>+67%(&8+);;+(84+%=*%(%)*+'*>+(84+:)#%$4+H8)*4L+'6
74$$+'6+)(84<+<'>%)+4I"%H:4*(B
● [4;)<4+<4;"4$%*=L+67%(&8+);;+(84+'"5%$%'<9+84'(4<+UM+."5%$%'<9+84'(4<+'*>+@4*(%$'(%)*L+GH4<'(%)*V B
● 3)+<4>"&4+(84+<%6J+);+>%6&8'<=%*=+6('(%&+4$4&(<%&%(9L+>)+*)(+4*(4<+(84+@48%&$4+78%$4+<4;"4$%*=B
● a'J4+6"<4+(8'(+(84+;"4$+('*J+&'H+%6+64'$4>+&)<<4&($9+'*>+*)+;"4$+%6+$4'J%*=+)"(B
● /)(4+(84+'HH$%&'#$4+6';4(9+H<4&'"(%)*6+'*>+$)&'$+<4="$'(%)*6+;)<+8'*>$%*=+;"4$B
C.2/D/0
24;"4$%*=+%*&)<<4&($9+&'*+&'"64+;%<46L+64<%)"6+%*A"<%46L+'*>+@48%&$4+>':'=4B
● G*$9+"64+;"4$+(8'(+%6+'HH<)@4>+;)<+9)"<+@48%&$4B
● -)+*)(+"64+'*9+;"4$6+&)*('%*%*=+:4('$+'*>+)*$9+"64+64<@%&4+'>>%(%@46+'HH<)@4>+#9+X)$J67'=4*+%*
(84+<46H4&(%@4+H<)H)<(%)*B
● D::4>%'(4$9+<4:)@4+'*9+;"4$+(8'(+8'6+6H%$$4>+)*+@48%&$4+&):H)*4*(6B

E.F3DG/
R"4$+:'9+$4'J+)"(+);+<464<@4+&'*%6(4<6B+38%6+&'*+&'"64+;%<46+'*>+%*A"<%46B
— -)+(<'*6H)<(+'*9+<464<@4+&'*%6(4<6+%*+(84+@48%&$4B

R"4$6+&'*+&)*(':%*'(4+(84+4*@%<)*:4*(B+E)$$4&(+'*9+$4'J%*=+)H4<'(%*=+;$"%>6+'*>+>%6H)64+);
(84:+'&&)<>%*=+()+$4='$+<4="$'(%)*6B

384+;"4$+;%$$4<+;$'H+>)46+*)(+8'@4+'*+4:4<=4*&9+<4$4'64B+D;+*4&466'<9L+&)*('&(+'*+'"(8)<%?4>
X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+;)<+'66%6('*&4B

?+$,(.1=$'(*#C(%$3+$,5#6

G#.%2C+9.52#

384+;"4$+;%$$4<+;$'H+%6+$)&'(4>+)*+(84+<%=8(+<4'<+6%>4+);+(84+@48%&$4B

A$'56#*.52#(23(3+$,'(*#C(3+$,('.*#C*%C'
R%=B+
R%=B+NN+ G*+(84+%*6%>4+);+(84+;"4$+;%$$4<+;$'HT+;"4$+$'#4$+U=4*4<'$+45':H$4V

?+$,(,*4$,
384+(9H4+);+;"4$+()+"64+>4H4*>6+)*+(84+@48%&$4+4*=%*4B+C84*+9)"<+@48%&$4+$4'@46+(84+;'&()<9
(84<4+%6+'+;"4$+%*;)<:'(%)*+6(%&J4<+%*6%>4+(84+('*J+;$'H+7%(8+*)(46+'#)"(+(84+:%*%:":+<4I"%<4>
;"4$+(9H4+;)<+9)"<+@48%&$4+M+;%=B+N B
384+*':4+'*>+$%:%(6+6H4&%;9+78%&8+;"4$6+'<4+6"%('#$4+;)<+(84+@48%&$4B+38%6+%6+'+:%*%:":+<4I"%<4,
:4*(B+384+@48%&$4+:"6(+*)(+#4+<4;"4$4>+7%(8+)(84<+;"4$6+M+-46%=*'(%)*+);+;"4$6+'*>+;"4$+6('*,
>'<>6 B

?+$,('.*#C*%C'
384+;"4$+"64>+:"6(+:44(+)*4+);+(84+;)$$)7%*=+6('*>'<>6B+384+@48%&$4+:"6(+*)(+#4+<4;"4$4>+7%(8
)(84<+;"4$6+M+-46%=*'(%)*+);+;"4$6+'*>+;"4$+6('*>'<>6 B
D;+;"4$+7%(8+(84+6H4&%;%4>+6('*>'<>6+%6+*)(+'@'%$'#$4L+&)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<
'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+;)<+%*;)<:'(%)*+'#)"(+78%&8+;"4$6+'<4+6"%('#$4+;)<+(84
@48%&$4B

Q*'2,5#$
R%=B+
R%=B+QQ+ 0'6)$%*4+&)*('%*%*=+4(8'*)$

0'6)$%*4+(8'(+&)*('%*6+11(8'*)$B+384+*":#4<+%*>%&'(46+(84+:'5%:":+4(8'*)$+H4<&4*('=4+%*+(84
='6)$%*4L+;)<+45':H$4+1\+:4'*6+'+:'5%:":+);+\u+4(8'*)$B
R"4$+6('*>'<>
— 1/+QQ_
— 246)$"&')+./!+/k+\^+U[<'?%$V
— 246"$"&%)*+Z^_YNQ_O+U.<=4*(%*'V
— /Ga,P_]+Ua45%&)V

A5$'$,(3+$,
R%=B+
R%=B+OO+ -%464$+;"4$+&)*('%*%*=+#%)>%464$

-%464$+;"4$+(8'(+&)*('%*6+[
[%)>%464$B+384+*":#4<+%*>%&'(46+(84+:'5%:":+#%)>%464$+H4<&4*('=4+%*
(84+>%464$+;"4$L+;)<+45':H$4+[^+&)*('%*6+'+:'5%:":+);+^u+#%)>%464$B
R"4$+6('*>'<>
— 1/+\`P
— -D/+1/+\`P

/G3DE1
24;"4$%*=+7%(8+*)*,6('*>'<>+'*>+*)*,'HH<)@4>+;"4$6+&'*+&'"64+<4>"&4>+H4<;)<:'*&4+'*>+&)*,
6%>4<'#$4+>':'=4+()+(84+4*=%*4+'*>+(84+;"4$+696(4:B
● [4;)<4+<4;"4$%*=L+&84&J+%;+(84+;"4$+6H4&%;%&'(%)*+'(+(84+;"4$+H":H+:44(6+(84+@48%&$4
6H4&%;%&'(%)*6B
● G*$9+<4;"4$+"6%*=+;"4$6+(8'(+&)*;)<:+()+(84+6H4&%;%4>+6('*>'<>6+'*>+*':4+()+<4>"&4+(84+<%6J
);+>':'=4+()+(84+;"4$+696(4:+'*>+4*=%*4+:'$;"*&(%)*6B
Q*'2,5#$

Q*'2,5#$(.1=$'
0'6)$%*4+(9H46+'<4+>%;;4<4*(%'(4>+#9+(84+2464'<&8+G&('*4+/":#4<+U2G/VB+384+@48%&$4+:'9+#4+;",
4$4>+7%(8+='6)$%*4+(8'(+8'6+'+8%=84<+2G/+(8'*+78'(+%6+<4I"%<4>+#9+(84+4*=%*4B+K)74@4<L+(8%6+7%$$
*)(+%:H<)@4+;"4$+&)*6":H(%)*+)<+4*=%*4+H)74<B
384+;"4$+%*;)<:'(%)*+$'#4$+:'9+8'@4+:"$(%H$4+='6)$%*4+(9H46L+;)<+45':H$4L+`\Y`Q
`\Y`Q+Y+`^Y`O+2G/B
384+8%=8$%=8(4>+='6)$%*4+(9H46L+`\Y`Q+%*+(8%6+45':H$4L+'<4+(84+H<4;4<<4>+='6)$%*4+(9H46+;)<+(84
@48%&$4B+.*)(84<+;"4$+(9H4+(8'(+%6+$%6(4>+&'*+#4+"64>+)*$9+%;+(84+H<4;4<<4>+(9H46+'<4+*)(+'@'%$'#$4B+D;
(8%6+%6+(84+&'64L+='6)$%*4+(9H46+7%(8+(84+8%=84<+2G/+68)"$>+#4+"64>L+;)<+45':H$4+`^+%*6(4'>+);+`O
2G/B
D;+9)"<+@48%&$4+8'6+'+='6)$%*4+4*=%*4L+;"4$+%(+)*$9+7%(8+"*$4'>4>+='6)$%*4+)<+='6)$%*4+7%(8+'+:'5%,
:":+);+NPu+4(8'*)$+U1NPV+M+ B
384+;"4$+I"'$%(9+';;4&(6+(84+H4<;)<:'*&4L+)"(H"(L+'*>+$%;4+);+(84+4*=%*4B+R"4$+7%(8+='6)$%*4+(8'(
'$<4'>9+&)*('%*6+(84+&)<<4&(+64<@%&4+'>>%(%@46+M+ B

/G3DE1
F6%*=+%*&)<<4&(+;"4$+'*>+"*6"%('#$4+='6)$%*4+'>>%(%@46+&'*+<46"$(+%*+@48%&$4+>':'=4B
● [4;)<4+<4;"4$%*=L+&84&J+%;+(84+;"4$+6('*>'<>+$%6(4>+)*+(84+;"4$+H":H+:44(6+(84+@48%&$4
6H4&%;%&'(%)*6B
● G*$9+"64+64<@%&4+'>>%(%@46+'HH<)@4>+#9+X)$J67'=4*+%*+(84+&)<<4&(+':)"*(6B
● G*$9+;"4$+7%(8+='6)$%*4+(8'(+:44(6+)<+45&44>6+(84+6H4&%;%4>+2464'<&8+G&('*4+/":#4<+U2G/VB
D;+9)"+:"6(+;"4$+9)"<+@48%&$4+7%(8+='6)$%*4+7%(8+'+$)74<+)&('*4+<'(%*=L+)*$9+><%@4+'(+:)>4<,
'(4+4*=%*4+2!a+'*>+$)7+4*=%*4+$)'>B+.@)%>+8%=8+4*=%*4+6H44>6+'*>+84'@9+4*=%*4+$)'>B+24,
;"4$+9)"<+@48%&$4+7%(8+='6)$%*4+(8'(+:44(6+(84+<4I"%<4>+)&('*4+<'(%*=+'6+6))*+'6+H)66%#$4B

A5$'$,(3+$,

G*$9+"64+>%464$+)<+>%464$+7%(8+'+:'5%:":+#%)>%464$+&)*(4*(+);+^u+()+;%$$+@48%&$46+7%(8+'+>%464$+4*,
=%*4+M+ B
W8)<(4<+64<@%&4+%*(4<@'$6+'HH$9+()+>%464$+7%(8+'+8%=8+6"$;"<+&)*(4*(B+R)<+%*;)<:'(%)*+)*+(84+&)"*,
(<%46+%*+78%&8+>%464$+&)*('%*6+'+8%=8+6"$;"<+&)*(4*(L+&)*('&(+9)"<+X)$J67'=4*+>4'$4<68%H+)<+'",
(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B
384+;"4$+I"'$%(9+';;4&(6+(84+H4<;)<:'*&4L+)"(H"(L+'*>+$%;4+);+(84+4*=%*4B+R"4$+7%(8+='6)$%*4+(8'(
'$<4'>9+&)*('%*6+(84+&)<<4&(+64<@%&4+'>>%(%@46+M+ B

-5#.$%M6%*C$(C5$'$,(3+$,(*#C(35,.$%(=%$/$*.$%('1'.$>
-"<%*=+&)$>+64'6)*6L+>%464$+7%(8+'*+%:H<)@4>+&)$>+;$)7+<'(%*=+U7%*(4<,=<'>4+>%464$+;"4$V+:"6(+#4
"64>B+R%$$%*=+"H+7%(8+7%*(4<,=<'>4+>%464$+;"4$+&'*+H<4@4*(+)H4<'(%*=+;'"$(6B+C%*(4<,=<'>4+>%464$
;"4$+%6+);;4<4>+#9+='6+6('(%)*6+>"<%*=+&)$>+64'6)*6B
E)"*(<9,6H4&%;%&+;"4$+*)<:6+:'9+6H4&%;9+>%;;4<4*(+&$%:'(4+'*>+(%:4,>4H4*>4*(+&)$>+&$'6646+UM
R"4$+(9H46+'*>+<4;"4$%*=L+W('*>'<>6Y>%<4&(%@46V B
-%464$+@48%&$46+'<4+4I"%HH4>+7%(8+'+;%$(4<+H<484'(4<+696(4:B+384+;%$(4<+H<484'(4<+696(4:+4*6"<46
(84+&)$>+;$)7+<'(%*=+);+(84+>%464$+;"4$+78%$4+(84+@48%&$4+%6+#4%*=+><%@4*B+0'6+6('(%)*6+%*+(84+<46H4&,
(%@4+&)"*(<9+);+"64+H<)@%>4+%*;)<:'(%)*+)*+(84+&)$>+H<)H4<(%46+);+>%464$+;"4$B
D*+)<>4<+()+#4+'#$4+()+6('<(+(84+@48%&$4+4@4*+%*+$)7+)"(6%>4+(4:H4<'("<46L+X)$J67'=4*+<4&):,
:4*>6+H'<J%*=+(84+@48%&$4+%*+'+684$(4<4>+$)&'(%)*+6"&8+'6+'+='<'=4B

)5'3+$,,5#6(=%$8$#.52#(C$859$
384+;"4$+;%$$4<+*4&J+);+>%464$+@48%&$46+&'*+#4+4I"%HH4>+7%(8+'+:%6;"4$$%*=+H<4@4*(%)*+>4@%&4L+78%&8
%6+%*(4*>4>+()+4*6"<4+(8'(+(84+@48%&$4+&'*+)*$9+#4+<4;"4$$4>+"6%*=+'+>%464$+*)??$4B
D;+(84+*)??$4+&'**)(+#4+%*64<(4>+&)<<4&($9+%*()+(84+;"4$+;%$$4<+*4&JL+&84&J+(8'(+9)"+'<4+"6%*=+'
>%464$+*)??$4B+D;+9)"+8'@4+:'>4+6"<4+(8'(+9)"+'<4+"6%*=+(84+&)<<4&(+*)??$4L+("<*+(84+>%464$+*)??$4
()+'*>+;<)L+'HH$9%*=+=4*($4+H<466"<4B+38%6+7%$$+4*'#$4+9)"+()+)H4*+(84+:%6;"4$$%*=+H<4@4*(%)*+>4,
@%&4+'*>+&)*(%*"4+<4;"4$$%*=B+D;+(84+:%6;"4$$%*=+H<4@4*(%)*+>4@%&4+<4:'%*6+&$)64>L+=)+()+'*+'"(8),
<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+'*>+8'@4+(84+696(4:
%*6H4&(4>B
D;+(84+@48%&$4+:"6(+#4+<4;"4$$4>+7%(8+'+6H'<4+;"4$+&'*%6(4<+%*+'*+4:4<=4*&9L+(84+:%6;"4$$%*=+H<4,
@4*(%)*+>4@%&4+7%$$+*)(+)H4*
3)+#4+'#$4+()+;%$$+(84+;"4$+('*J+*)*4(84$466L+'>>+(84+>%464$
>%464$+%*+@4<9+6:'$$+I"'*(%(%46+'*>+@4<9+6$)7,
$9B+F64+'+6"%('#$4+'>'H(4<+;)<+(84+6H'<4+;"4$+&'*%6(4<L+()+:'J4+%(+4'6%4<+()+'>>+(84+>%464$B+n)"+&'*
)#('%*+6"%('#$4+'>'H(4<6+;<):+9)"<+X)$J67'=4*+>4'$4<68%H+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4
R'&%$%(9B

C.2/D/0
24;"4$%*=+%*&)<<4&($9+&'*+&'"64+;%<46L+64<%)"6+%*A"<%46L+'*>+@48%&$4+>':'=4B
● [4;)<4+<4;"4$%*=L+&84&J+%;+(84+;"4$+6('*>'<>+$%6(4>+)*+(84+;"4$+H":H+:44(6+(84+@48%&$4
6H4&%;%&'(%)*6B
● -)+*)(+<4;"4$+7%(8+H"<4+#%)>%464$L+='6)$%*4L+84'(%*=+)%$+)<+)(84<+"*6"%('#$4+;"4$6B
● G*$9+"64+64<@%&4+'>>%(%@46+'HH<)@4>+#9+X)$J67'=4*+%*+(84+&)<<4&(+':)"*(6B

.(+7%*(4<+(4:H4<'("<46L+>%464$+4*=%*46+:'9+:'J4+:)<4+*)%64+'*>+(84+458'"6(+='646+&'*
'HH4'<+#$"4B

@$3+$,5#6
R%=B+
R%=B+NN+ [48%*>+(84+;"4$+;%$$4<+;$'HT+;"4$+('*J+&'H+U=4*4<'$+45':H$4V

@$3+$,5#6(=%29$C+%$
— F*$)&J+(84+;"4$+;%$$4<+;$'H+7%(8+(84+@48%&$4+J49+)<+(84+ +#"(()*+%*+(84+><%@4<d6+>))<B
— GH4*+(84+;"4$+;%$$4<+;$'HB
— 24:)@4+(84+;"4$+('*J+&'H+'*>+%*64<(+(84+H":H+*)??$4+%*()+(84+)H4*%*=+%*+(84+;"4$+;%$$4<+;$'HB
— K)$>+(84+;"4$+H":H+*)??$4+8'*>$4+>)7*+()+4*6"<4+)H(%:":+<4;"4$%*=B
— 384+;"4$+('*J+%6+;"$$+)*&4+(84+;"4$+H":H+*)??$4+("<*6+);;+;)<+(84+;%<6(+(%:4+M+24;"4$%*= B
— W&<47+(84+;"4$+('*J+&'H+)*()+(84+;"4$+;%$$4<+*4&JB
— E$)64+(84+;"4$+;%$$4<+;$'HB

C.2/D/0
R"4$+:'9+6H<'9+)"(+'*>+)@4<;$)7+%;+(84+;"4$+('*J+%6+)@4<;%$$4>B+38%6+&'*+&'"64+45H$)6%)*6L+;%<46L
'*>+64<%)"6+%*A"<%46B
● -)+*)(+&)*(%*"4+;%$$%*=+';(4<+(84+H":H+*)??$4+67%(&846+);;+;)<+(84+;%<6(+(%:4B

;</*+'.(.%$*.>$#.

G#.%2C+9.52#

384+458'"6(,<4$4@'*(+&):H)*4*(6+<4>"&4+458'"6(+4:%66%)*6T
— .>[$"4f+UM+.>[$"4L+R"*&(%)*V
— E'('$9(%&+&)*@4<(4<+UM+E'('$9(%&+&)*@4<(4<L+-46&<%H(%)*V
— !'<(%&"$'(4+;%$(4<+U>4H4*>%*=+)*+@48%&$4+4I"%H:4*(V+UM+!'<(%&"$'(4+;%$(4<L+-46&<%H(%)*V
C.2/D/0
1*=%*4+458'"6(+&)*('%*6+&'<#)*+:)*)5%>4L+78%&8+&'*+&'"64+$)66+);+&)*6&%)"6*466+'*>+>4'(8B
● -)+*)(+'$$)7+(84+4*=%*4+()+<"*+%*+&)*;%*4>+6H'&46B
● /4@4<+6('<(+(84+4*=%*4+%*+&)*;%*4>+6H'&46B
● -)+*)(+$4'@4+9)"<+@48%&$4+"*'((4*>4>+78%$4+(84+4*=%*4+%6+<"**%*=B

C.2/D/0
158'"6(+696(4:+&):H)*4*(6+7%$$+#4&):4+@4<9+8)(B+38%6+&'*+&'"64+;%<46B
● !'<J+(84+@48%&$4+%*+6"&8+'+7'9+6)+(8'(+*)+458'"6(+696(4:+&):H)*4*(6+&):4+%*()+&)*('&(
7%(8+;$'::'#$4+:'(4<%'$6+"*>4<+(84+@48%&$4+6"&8+'6+#<"68L+$4'@46L+><9+=<'66L+4(&B
● /4@4<+"64+'>>%(%)*'$+"*>4<#)>9+H<)(4&(%)*+)<+&)<<)6%)*+H<)(4&(%)*+)*+458'"6(+H%H46L+&'('$9(,
%&+&)*@4<(4<6L+H'<(%&"$'(4+;%$(4<6+)<+84'(+68%4$>6B

:CD,+$Y

384+WE2+&'('$9(%&+&)*@4<(4<+"646+.>[$"4f+()+&)*@4<(+*%(<)=4*+)5%>46+%*()+*%(<)=4*+'*>+7'(4<B
.>[$"4f+%6+'+<4=%6(4<4>+#<'*>+'*>+'$6)+J*)7*+'6+.FWOQ+)<+-1R+U-%464$+158'"6(+R$"%>VB

U$6*,(#2.$'
/)+(4&8*%&'$+&8'*=46+:'9+#4+:'>4+()+(84+4:%66%)*+&)*(<)$+696(4:+(8'(+%*;$"4*&4+4:%66%)*+&)*,
(<)$+#9+.>[$"4fB
D;+9)"+'<4+*)(+45&$"6%@4$9+"6%*=+.>[$"4f+'HH<)@4>+#9+X)$J67'=4*+'6+H4<+DWG,QQQZN,NL+(84+@48%&$4
>)46+*)(+&)<<46H)*>+()+(84+&4<(%;%&'(4+);+&)*;)<:%(9+%66"4>+;)<+(8%6+@48%&$4+(9H4B
D(+&'*+#4+'+H"*%68'#$4+);;4*64+()+)H4<'(4+(84+@48%&$4+7%(8)"(+(84+.>[$"4f+H<46&<%#4>+#9
X)$J67'=4*B
D;+(84+4:%66%)*+&)*(<)$+696(4:+%6+*)(+)H4<'(4>+'6+%*(4*>4>L+(84+458'"6(+4:%66%)*6+&'*
>4(4<%)<'(4B

G#32%>*.52#(2#(:CD,+$
G#32%>*.52#(2#(:CD,+$YY
.>[$"4f+&)*6":H(%)*+%6+>4H4*>4*(+)*+><%@%*=+6(9$4L+)H4<'(%*=+(4:H4<'("<4L+'*>+(84+':#%4*(
(4:H4<'("<4B+384+<4:'%*%*=+<'*=4+'*>+<4;%$$%*=+I"'*(%(9+&'*+#4+&84&J4>+%*+(84+%*6(<":4*(+&$"6(4<
>%6H$'9+UM+-<%@%*=+>'('+:4*"L+-46&<%H(%)*V B
W%*&4+.>[$"4f+;<44?46+#4$)7+,NNkE+UjNOkRVL+9)"+:'9+4*&)"*(4<+<46(<%&(%)*6+784*+;%$$%*=+"H+'(
@4<9+$)7+(4:H4<'("<46B+-"<%*=+@48%&$4+)H4<'(%)*L+(84+696(4:+%6+84'(4>+()+4*6"<4+4:%66%)*+&)*(<)$
'$6)+'(+@4<9+$)7+(4:H4<'("<46B
n)"+68)"$>+()H+"H+.>[$"4f+<4='<>$466+);+64<@%&4+4@4*(6B+38%6+&'*+#4+*4&466'<9+:)<4+);(4*+'*>
#4(744*+64<@%&4+%*(4<@'$6B
384+.>[$"4f+('*J+:"6(+*)(+#4+4:H(9+UM+158'"6(,696(4:+&):H)*4*(6L+R.eV B

-*%#5#6(*#C(=%2>=.('1'.$>(*.(,2"(35,,(,$8$,
.$7'96+()H+"H+.>[$"4f+784*+'+<4;%$$%*=+H<):H(+'HH4'<6+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9B+UM+.>,
[$"4L+R.eV

.>[$"4f+%*+(84+6('*>'<>+)H4<'(%*=+<'*=4B+24:'%*%*=+<'*=4+'#)@4+QPPP+J:+)<+QZPP+J:+U>4,
H4*>6+)*+4I"%H:4*(VB+D(+%6+H)66%#$4+#"(+*)(+*4&466'<9+()+()H+"H+.>[$"4fB
C84*+(84+<4:'%*%*=+<'*=4+<4'&846+QPPP+J:+)<+QZPP+J:
<4:'%*%*=+<'*=4+<4'&846+QPPP+J:+)<+QZPP+J:+U>4H4*>6+)*+4I"%H:4*(VL+'
H<):H(+'HH4'<6+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9+()+()H+"H+.>[$"4fB+384+&"<<4*(+<4:'%*%*=+<'*=4
%6+'$6)+>%6H$'94>+()=4(84<+7%(8+(8%6+H<):H(B
R'%$"<4+()+)#64<@4+(8%6+H<):H(+7%$$+&'"64+(84+94$$)7+%*>%&'()<+$':H+ +()+$%=8(+"H+784*+(84+<4,
<4,
:'%*%*=+<'*=4+><)H6+#4$)7+NPPP+J:
:'%*%*=+<'*=4+><)H6+#4$)7+NPPP+J:B+.+*)(4+(8'(+%(+7%$$+*)+$)*=4<+#4+H)66%#$4+()+<46('<(+(84
4*=%*4+%*+qqq+J:+'HH4'<6+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9B
D;+(84+94$$)7+%*>%&'()<+$':H+%6+6(%$$+%=*)<4>+'*>+(84+>%6H$'94>+<4:'%*%*=+<'*=4+%6+P+J:
<4:'%*%*=+<'*=4+%6+P+J:L+%(+%6+*)
$)*=4<+H)66%#$4+()+<46('<(+(84+4*=%*4B+384+<4>+7'<*%*=+$':H+ +$%=8(6+"HB

-*%#5#6(*#C(=%2>=.('1'.$>(5#(./$($8$#.(23($%%2%'
D;+(84<4+%6+'+H<)#$4:+7%(8+(84+4:%66%)*+&)*(<)$+696(4:+)<+9)"+8'@4+;%$$4>+"H+*)*,6('*>'<>,&):,
H$%'*(+.>[$"4f+'6+H4<+DWG,QQQZN,NL+(84+78%(4+)<+94$$)7+%*>%&'()<+$':H6+ +7%$$+$%=8(+"HB+.+<4,
<4,
:'%*%*=+<'*=4+);+NPPP+J:
:'%*%*=+<'*=4+);+NPPP+J:+%6+'@'%$'#$4+)*&4+(84+94$$)7+%*>%&'()<+$':H6+$%=8(+"HB
D;+(84+94$$)7+%*>%&'()<+$':H6+'<4+6(%$$+%=*)<4>L+(84+<4>+7'<*%*=+$':H6+ +7%$$+$%=8(+"HB+384+<4,
<4,
:'%*%*=+<'*=4+%6+(84*+P+J:
:'%*%*=+<'*=4+%6+(84*+P+J:+'*>+%(+%6+*)+$)*=4<+H)66%#$4+()+<46('<(+(84+4*=%*4B

E.F3DG/
.>[$"4f+%6+'*+%<<%('*(+'*>+&)<<)6%@4+;$"%>+(8'(+&'*+&'"64+%*A"<%46+%;+%(+&):46+%*()+&)*('&(+7%(8
6J%*L+4946L+)<+<46H%<'()<9+)<='*6B
— G#64<@4+(84+'HH$%&'(%)*+%*6(<"&(%)*6+784*+"6%*=+.>[$"4fB+C84*+"6%*=+%(+'6+H4<+(84+%*6(<"&,
(%)*6L+"64<6+'<4+"*$%J4$9+()+&):4+%*()+&)*('&(+7%(8+.>[$"4fB
— .$7'96+6()<4+.>[$"4f+%*+%(6+64'$4>+)<%=%*'$+&)*('%*4<B+/4@4<+"64+4:H(9+;))>+&'*6L+#)(($46L+)<
)(84<+&)*('%*4<6B
— .$7'96+6()<4+.>[$"4f+%*+'+64&"<4+$)&'(%)*+)"(6%>4+(84+<4'&8+);+&8%$><4*B
— W8)"$>+.>[$"4f+&):4+%*()+&)*('&(+7%(8+4946L+%::4>%'(4$9+<%*64+(84+4946+7%(8+'+$)(+);+7'(4<
;)<+'(+$4'6(+N\+:%*"(46+'*>+;%*>+'+>)&()<B
— W8)"$>+.>[$"4f+&):4+%*()+&)*('&(+7%(8+6J%*L+%::4>%'(4$9+<%*64+(84+6J%*+7%(8+'+$)(+);+7'(4<
;)<+'(+$4'6(+N\+:%*"(46+'*>+;%*>+'+>)&()<B
— D;+9)"+8'@4+67'$$)74>+.>[$"4fL+%::4>%'(4$9+<%*64+)"(+9)"<+:)"(8+;)<+'(+$4'6(+N\+:%*"(46
7%(8+'+$)(+);+7'(4<B+-)+*)(+%*>"&4+@):%(%*=+"*$466+%(+)<>4<4>+()+>)+6)+#9+'+>)&()<B+E'$$+;)<
:4>%&'$+'66%6('*&4+%::4>%'(4$9B

/G3DE1
D(+%6+*)(+H)66%#$4+()+<46('<(+(84+@48%&$4+';(4<+67%(&8%*=+);;+(84+%=*%(%)*+784*+(84+.>[$"4f+;%$$+$4@,
4$+%6+())+$)7B+w":H,6('<(%*=+7%$$+'$6)+*)(+7)<JB
● n)"+68)"$>+(84<4;)<4+()H+"H+'+6";;%&%4*(+I"'*(%(9+);+.>[$"4f+'(+(84+$'(46(+784*+(84+<4:'%*,
%*=+<'*=4+><)H6+()+'<)"*>+NPPP+J:B
● /4@4<+><%@4+7%(8+(84+.>[$"4f+('*J+4:H(9B
/G3DE1
D:H<)H4<+8'*>$%*=+);+.>[$"4f+&'*+&'"64+@48%&$4+>':'=4+(8'(+%6+45&$">4>+;<):+(84+7'<<'*(9B
● F64+)*$9+.>[$"4f+(8'(+&)<<46H)*>6+()+(84+DWG+QQQZN,N+6('*>'<>B
● /4@4<+'>>+7'(4<L+;"4$L+)<+'>>%(%@46+()+(84+.>[$"4fB
● /4@4<+;%$$+.>[$"4f+%*()+(84+>%464$+;"4$+('*JB
● S44H+(84+<4;%$$4<+#)(($4+7%(8+9)"+%*+(84+@48%&$4+'(+'$$+(%:46B+384+#)(($4+&'*+>4@4$)H+$4'J6+>"4
()+(4:H4<'("<4+;$"&("'(%)*6+'*>+>':'=4B+384+.>[$"4f+&'*+(84*+>':'=4+(84+@48%&$4+%*(4<%)<B

?5,,5#6(+=("5./(:CD,+$Y

R%=B+
R%=B+NN+ [48%*>+(84+;"4$+;%$$4<+;$'HT+;"4$+('*J+&'H+;)<+.>[$"4+U=4*4<'$+45':H$4VB
R%=B+
R%=B+QQ+ [48%*>+(84+;"4$+;%$$4<+;$'HT+;%$$%*=+"H+.>[$"4+7%(8+(84+<4;%$$4<+#)(($4+U=4*4<'$+45':H$4VB

R%=B+
R%=B+OO+ [48%*>+(84+;"4$+;%$$4<+;$'HT+<4;"4$+.>[$"4+7%(8+(84+;"4$+H":H+*)??$4+U=4*4<'$+45':H$4VB

S49+;)<+;%=B+N L+;%=B+Q +'*>+;%=B+O T

N R'6(4*4<+);+(84+.>[$"4f+;%$$4<+*4&JB
Q 24;%$$4<+#)(($4B
O .>[$"4f+;"4$+H":H+*)??$4B

O%$=*%5#6(32%(35,,5#6(+=(3+$,
384+.>[$"4f+;%$$4<+*4&J+%6+$)&'(4>+#48%*>+(84+;"4$+;%$$4<+;$'H+*45(+()+(84+;"4$+;%$$4<+*4&J+M+;%=B+N B
— !'<J+(84+@48%&$4+)*+'+;$'(+6"<;'&4+'*>+67%(&8+(84+%=*%(%)*+);;B
— GH4*+(84+;"4$+;%$$4<+;$'HB
— F*6&<47+(84+;'6(4*4<+);+(84+.>[$"4f+;%$$4<+*4&JB
— F64+)*$9
)*$9+.>[$"4f+(8'(+&)<<46H)*>6+()+(84+DWG+QQQZN,N+6('*>'<>
DWG+QQQZN,N+6('*>'<>B

?5,,5#6(+=("5./(./$(%$35,,$%(42..,$
!$4'64+*)(4+(84+684$;+$%;4+%*;)<:'(%)*L+'6+74$$+'6+(84+*)(46+'*>+%*;)<:'(%)*+);+(84+:'*";'&("<4<
)*+(84+<4;%$$4<+#)(($4B
— F*6&<47+(84+&'H+);+(84+<4;%$$4<+#)(($4B
— !)6%(%)*+(84+<4;%$$4<+#)(($4+)*+(84+.>[$"4f+;%$$4<+*4&J+'*>+6&<47+(84+<4;%$$4<+#)(($4+)*+(%=8($9B
— K)$>+(84+<4;%$$4<+#)(($4+>)7*B
— 384+.>[$"4f+('*J+%6+;"$$+'6+6))*+'6+*)+:)<4+.>[$"4f+;$)76+)"(+);+(84+<4;%$$4<+#)(($4+M+ B
— F*6&<47+(84+<4;%$$4<+#)(($4B

?5,,5#6(+=("5./(./$(3+$,(=+>=(#2VV,$
384+.>[$"4f+('*J+&'*+#4+;%$$4>+'(+'$$+.>[$"4f+;"4$+H":H6B
-)+*)(+;%$$+(84+@48%&$4+7%(8+;"4$+'*>+.>[$"4f+'(+(84+6':4+(%:4B
— 384+.>[$"4f+;"4$+H":H+*)??$4+7)<J6+(84+6':4+7'9+'6+'+<4="$'<+;"4$+H":H+*)??$4B
— K)$>+(84+8'*>$4+);+(84+.>[$"4f+;"4$+H":H+*)??$4+;'&%*=+>)7*7'<>+()+="'<'*(44+)H(%:":+<4,
;"4$%*=+M+;%=B+O B
— 384+.>[$"4f('*J+%6+;"$$+)*&4+(84+;"4$+H":H+*)??$4+("<*6+);;+;)<+(84+;%<6(+(%:4+M+ B

384+;"4$+&'*+6()H+;$)7%*=+H<4:'("<4$9+784*+<4;"4$%*=+'(+'+(<"&J+;"4$+H":HB+384<4+%6+'+<%6J+(8'(
.>[$"4f+&'*+46&'H4+>"4+()+(84+6%=*%;%&'*($9+;'6(4<+;%$$%*=+6H44>+M+ B

@$3+$,5#6("5./(./$(3+$,(9*#
— GH4*+(84+;"4$+&'*+'*>+"64+(84+%*(4=<'(4>+6H)"(+()+;%$$+(84+.>[$"4f+('*JB
— 384+.>[$"4f+('*J+%6+;"$$+784*+.>[$"4f+8'6+#44*+;%$$4>+"H+()+(84+$4@4$+);+(84+.>[$"4f+;%$$4<
*4&JB+-)+*)(+)@4<;%$$+(84+.>[$"4f+('*J+M+ B

O%$=*%5#6(.2(C%58$(2#"*%C
— W&<47+%*+(84+;'6(4*4<+);+(84+.>[$"4f+;%$$4<+*4&J+"*(%$+%(+6*'H6+%*()+H)6%(%)*B
— E$)64+(84+;"4$+;%$$4<+;$'HB
— W7%(&8+)*+A"6(
A"6(+(84+%=*%(%)*+;)<+'(+$4'6(+OP+64&)*>6+6)+(8'(+(84+696(4:+&'*+>4(4&(+(84+<4;"4$%*=
H<)&466B
— G*$9+(84*+6('<(+(84+4*=%*4B
/G3DE1
G@4<;%$$%*=+.>[$"4f+&'*+H)(4*(%'$$9+>':'=4+(84+('*J+696(4:+'*>+(84+@48%&$4B
● -)+*)(+;%$$+"H+:)<4+(8'*+(84+:'5%:":+<4;%$$%*=+I"'*(%(9+68)7*+%*+(84+%*6(<":4*(+&$"6(4<
>%6H$'9B
● 24:)@4+'*9+6H%$(+.>[$"4f+'6+I"%&J$9+'6+H)66%#$4+"6%*=+'+>':H+&$)(8+'*>+H$4*(9+);+&)$>
7'(4<B
● 24:)@4+'*9+&<96('$$%?4>+.>[$"4f+"6%*=+7'<:+7'(4<+'*>+'+6H)*=4B

-%6H)64+);+(84+<4;%$$4<+#)(($4+%*+'*+4*@%<)*:4*('$$9+;<%4*>$9+:'**4<B

n)"+&'*+)#('%*+6"%('#$4+.>[$"4f+<4;%$$4<+#)(($46+;<):+'*9+X)$J67'=4*+>4'$4<68%HB

K%2+4,$'/22.5#6

(FE@(>*,3+#9.52#
384+<4>+ +7'<*%*=+$%=8(6+$%=8(+"HB
.>[$"4+%66"4i+F*'#$4+()+6('<(+4*=%*4i
384+WE2+696(4:+%6+:'$;"*&(%)*%*=+)<+8'6+#44*+;%$$4>+7%(8+.>[$"4f+(8'(+>)46+*)(+&):H$9+7%(8+(84
<4$4@'*(+6('*>'<>B+38%6+%6+H<4@4*(%*=+(84+4*=%*4+;<):+<46('<(%*=B
— -<%@4+>%<4&($9+()+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9
7%(8)"(+67%(&8%*=+);;+(84+4*=%*4B
— K'@4+(84+696(4:+&84&J4>B

(2%( (FE@(>*,3+#9.52#
384+94$$)7+)<+78%(4+ +%*>%&'()<+$%=8(6+$%=8(+"HB
.>[$"4+%66"4i+F*'#$4+()+<46('<(+4*=%*4+%*+qqq+J:B
384+WE2+696(4:+%6+:'$;"*&(%)*%*=+)<+8'6+#44*+;%$$4>+7%(8+.>[$"4f+(8'(+>)46+*)(+&):H$9+7%(8+(84
<4$4@'*(+6('*>'<>B
— -<%@4+>%<4&($9+()+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B
— K'@4+(84+696(4:+&84&J4>B

(:CD,+$
(:CD,+$YY(,$8$,(.22(,2"
384+<4>+ +7'<*%*=+$%=8(+$%=8(6+"HB
3)H+"H+.>[$"4i+F*'#$4+()+<46('<(+4*=%*4i
n)"+7%$$+*)(+#4+'#$4+()+<46('<(+(84+4*=%*4+'6+(84+.>[$"4f+$4@4$+%6+())+$)7B
— W()H+(84+@48%&$4B
— 3)H+"H+(84+.>[$"4f+()+'(+$4'6(+(84+:%*%:":+H4<:%((4>+$4@4$+UM+.>[$"4L+24;%$$%*=V B
(2%( (:CD,+$
(:CD,+$YY(,$8$,(,2"
384+94$$)7+)<+78%(4+ +%*>%&'()<+$%=8(+$%=8(6+"HB
3)H+"H+.>[$"4i+F*'#$4+()+<46('<(+4*=%*4+%*+qqq+J:B
— 3)H+"H+(84+.>[$"4f+7%(8%*+(84+*":#4<+);+J%$):4(4<6+%*>%&'(4>+UM+.>[$"4L+24;%$$%*=V B

E*.*,1.59(92#8$%.$%

3)+4*6"<4+(8'(+(84+458'"6(+696(4:+'*>+(84+='6)$%*4+4*=%*4+&'('$9(%&+&)*@4<(4<+&'*+;"*&(%)*+&)<,
<4&($9+;)<+'+$)*=+(%:4T
— G*$9+<4;"4$+7%(8+"*$4'>4>+='6)$%*4B
— /4@4<+><%@4+"*(%$+(84+;"4$+('*J+%6+&):H$4(4$9+4:H(9+UM+R"4$+(9H46+'*>+<4;"4$%*=L+24;%$$%*=V B
— /4@4<+'>>+())+:"&8+4*=%*4+)%$+UM+1*=%*4+)%$L+24;%$$%*=V B
— -)+*)(+()7,6('<(+(84+@48%&$4m+"64+A":H,6('<(+'66%6('*&4+%*6(4'>+UM+w":H,6('<(%*=L+GH4<'(%)*V B

D;+(84<4+'<4+4*=%*4+:%6;%<46L+$)66+);+H)74<L+)<+H))<+4*=%*4+)H4<'(%)*+78%$4+><%@%*=L+<4>"&4+(84
6H44>+%::4>%'(4$9+'*>+8'@4+(84+@48%&$4+%*6H4&(4>+#9+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8),
<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+UM+158'"6(,696(4:+&):H)*4*(6L+R.eV B+G(84<7%64L+"*&):#"6(,
4>+;"4$+&)"$>+#4+H<464*(+%*+(84+458'"6(+696(4:+'*>+(84*+4*(4<+(84+'(:)6H84<4B+384+&'('$9(%&
&)*@4<(4<+:'9+'$6)+#4+>':'=4>+;<):+)@4<84'(%*=B

384+458'"6(+:'9+6:4$$+$%J4+6"$;"<+784*+(84+4:%66%)*6+&)*(<)$+696(4:+%6+<"**%*=+&)<<4&($9B

O*%.59+,*.$(35,.$%

?+#9.52#
384+H'<(%&"$'(4+;%$(4<+U>4H4*>6+)*+8)7+9)"<+@48%&$4+%6+4I"%HH4>V+;%$(4<6+)"(+6))(+;<):+(84+458'"6(
='6B

@$6$#$%*.52#
C%(8+*)<:'$+@48%&$4+"6'=4L+(84+;%$(4<+&$4'*6+%(64$;B+D;+(84+;%$(4<+%6+"*'#$4+()+&$4'*+%(64$;+U4B=B+%;+9)"
)*$9+:'J4+68)<(+(<%H6+;)<+'*+45(4*>4>+H4<%)>+);+(%:4VL+(84+;%$(4<+&'*+#4&):4+#$)&J4>+7%(8+6))(B
384+H'<(%&"$'(4+;%$(4<+*44>6+()+#4+&$4'*4>+U<4=4*4<'(4>VB
/)%646L+$%=8(+)>)<6L+'*>+%*&<4'64>+4*=%*4+6H44>6+:'9+)&&"<+>"<%*=+(84+<4=4*4<'(%)*B+384+<'>%'()<
;'*+:'9+&)*(%*"4+()+<"*+78%$4+><%@%*=+'*>+';(4<+("<*%*=+);;+(84+4*=%*4B
3)+'66%6(+%*+H'<(%&"$'(4+;%$(4<+<4=4*4<'(%)*L+X)$J67'=4*+<4&)::4*>6+'@)%>%*=+><%@%*=+68)<(+>%6,
('*&46+())+;<4I"4*($9B
C.2/D/0
D;+9)"+H4<;)<:+><%@%*=+:'*4"@4<6+(8'(+)(84<+<)'>+"64<6+&'**)(+'*(%&%H'(4L+9)"+:'9+&'"64+'*
'&&%>4*(B
● .$7'96+'>A"6(+9)"<+6H44>+'*>+><%@%*=+6(9$4+()+<)'>L+(<';;%&L+74'(84<L+'*>+@%6%#%$%(9+&)*>%(%)*6B
● R)$$)7+(84+<)'>+(<';;%&+$'76+'*>+<4="$'(%)*6+(8'(+'HH$9+%*+(84+&)"*(<9+9)"+'<4+><%@%*=+%*B

384+6))(+%*+(84+H'<(%&"$'(4+;%$(4<+%6+#"<*4>+H4<%)>%&'$$9+'(+8%=8+(4:H4<'("<46B+384+94$$)7+
+%*>%&'()<+$%=8(+>)46+*)(+("<*+)*+>"<%*=+'+H4<%)>%&+<4=4*4<'(%)*B

K%2+4,$'/22.5#6

G3(./$($#65#$(C2$'(#2.(%+#('>22./,1(*#C(>*,3+#9.52#'
D;+(84+4*=%*4+>)46+*)(+<"*+6:))(8$9+)<+:'$;"*&(%)*6+78%$4+><%@%*=L+%(+&'*+%*>%&'(4+H))<+;"4$
I"'$%(9T
— 24>"&4+9)"<+6H44>+%::4>%'(4$9B
— -<%@4+7%(8+'+:)>4<'(4+4*=%*4+6H44>+'*>+$)7+4*=%*4+$)'>+()+(84+*4'<46(+'"(8)<%?4>+X)$J67',
=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B
— D;+(8464+69:H():6+)&&"<+>%<4&($9+';(4<+<4;"4$%*=L+6()H+(84+4*=%*4+%::4>%'(4$9+()+H<4@4*(+;"<,
(84<+>':'=4B
— W44+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+;)<+'66%6('*&4B

(O*%.59+,*.$(35,.$%(9,266$C("5./('22.
384+94$$)7+ +%*>%&'()<+$%=8(+("<*6+)*B
384+H'<(%&"$'(4+;%$(4<+%6+&$)==4>+7%(8+6))(+'*>+'+<4=4*4<'(%)*+%6+*4&466'<9B
!<4<4I"%6%(4+;)<+(84+<4=4*4<'(%)*+><%@4T+384+4*=%*4+%6+'(+)H4<'(%*=+(4:H4<'("<4B
R)<+='6)$%*4+4*=%*46

— -<%@4+'(+'+6H44>+);+'(+$4'6(+_P+J:Y8B
— 384*+('J4+9)"<+;))(+&):H$4(4$9+);;+(84+'&&4$4<'()<+H4>'$+;)<+'+;47+64&)*>6+()+$4(+(84+@48%&$4
<)$$+7%(8+'+=4'<+4*='=4>B
— 24H4'(+(8%6+H<)&466+U'&&4$4<'(%)*+'*>+$4((%*=+(84+@48%&$4+<)$$V+"*(%$+(84+%*>%&'()<+$%=8(+=)46+)"(B
— 38%6+H<)&466+<46"$(6+%*+'*+'"()*):)"6+&$4'*%*=+H<)&466+;)<+(84+H'<(%&"$'(4+;%$(4<+'*>+&'*+('J4
6):4+(%:4B+D;+(84+%*>%&'()<+$%=8(+>)46+*)(
*)(+=)+)"(L+%::4>%'(4$9+&)*6"$(+'*+'"(8)<%?4>+X)$J67',
=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+;)<+'66%6('*&4B

R)<+>%464$+4*=%*46

— -<%@4+'(+'+6H44>+);+'(+$4'6(+]P+J:Y8+7%(8+'*+4*=%*4+6H44>+);+'(+$4'6(+QPPP+<H:B+384+<46"$(%*=
(4:H4<'("<4+%*&<4'64+#"<*6+);;+(84+6))(+%*+(84+;%$(4<B
— G*$9+4*>+(84+<4=4*4<'(%)*+><%@4+)*&4+(84+%*>%&'()<+$%=8(+=)46+)"(B
— 38%6+H<)&466+<46"$(6+%*+'*+'"()*):)"6+&$4'*%*=+H<)&466+;)<+(84+H'<(%&"$'(4+;%$(4<+'*>+&'*+('J4
'<)"*>+QP+()+ZP+:%*"(46B+D;+(84+%*>%&'()<+$%=8(+%6+6(%$$+)*+';(4<+><%@%*=+;)<+'HH<)5%:'(4$9+ZP
:%*"(46L+><%@4+%::4>%'(4$9+()+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<,
@%&4+R'&%$%(9+;)<+'66%6('*&4B

(;</*+'.M%$,*.$C(>*,3+#9.52#
384+94$$)7+ +%*>%&'()<+$%=8(+("<*6+)*B
.*+458'"6(,<4$'(4>+&):H)*4*(+%6+:'$;"*&(%)*%*=L+78%&8+&)"$>+>':'=4+(84+@48%&$4B
— -<%@4+()+(84+*4'<46(+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9
;)<+'66%6('*&4B
— K'@4+(84+4*=%*4+'*>+(84+458'"6(+696(4:+%*6H4&(4>B

()5'35%$
384+94$$)7+ +%*>%&'()<+$%=8(+;$'6846B
384<4+%6+:%6;%<4+78%&8+&)"$>+>':'=4+(84+@48%&$4B
— -<%@4+()+(84+*4'<46(+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9
;)<+'66%6('*&4B
— K'@4+(84+4*=%*4+'*>+(84+458'"6(+696(4:+%*6H4&(4>B

D;+(84+%*>%&'()<+$%=8(6+'<4+)*+)<+;$'68%*=L+%(+%6+$%J4$9+(8'(+(84<4+%6+'*+4*=%*4+:'$;"*&(%)*
'*>+(8'(+;"4$+&)*6":H(%)*+7%$$+%*&<4'64B

K%2+4,$'/22.5#6

7$/59,$(.22,(05.

G#.%2C+9.52#

C84*+64&"<%*=+(84+@48%&$4+%*+(84+4@4*(+);+'+@48%&$4+#<4'J>)7*L+;)$$)7+(84+$4='$+<4="$'(%)*6+'H,
H$%&'#$4+%*+(84+<46H4&(%@4+&)"*(<9B

C.2/D/0
.+@48%&$4+())$+J%(L+(%<4+:)#%$%(9+64(L+6H'<4+(%<4L+)<+&):H'&(+6H'<4+(%<4+(8'(+%6+$))64+)<+*)(+64&"<4>
&)<<4&($9+&'*+#4+(8<)7*+'<)"*>+(84+@48%&$4+%*(4<%)<+>"<%*=+6">>4*+><%@%*=+)<+#<'J%*=+:'*4"@4<6
)<+%*+'+&)$$%6%)*+'*>+&'"64+64<%)"6+%*A"<%46B
● .$7'96+:'J4+6"<4+(84+@48%&$4+())$+J%(L+(%<4+:)#%$%(9+64(L+'*>+6H'<4+(%<4+)<+&):H'&(+6H'<4+(%<4
'<4+'$7'96+64&"<4>+%*+(84+(<"*JB
C.2/D/0
.*+"*6"%('#$4+)<+>':'=4>+@48%&$4+())$+J%(+&'*+&'"64+'&&%>4*(6+'*>+%*A"<%46B
● /4@4<+7)<J+7%(8+'*+"*6"%('#$4+)<+>':'=4>+@48%&$4+())$+J%(B

O,*9$>$#.

-4H4*>%*=+)*+@48%&$4+4I"%H:4*(L+(84+@48%&$4+())$+J%(+:'9+#4+$)&'(4>+%*+@'<%)"6+H$'&46+%*+(84+$"=,
='=4+&):H'<(:4*(T
— D*+'+H)&J4(+%*+)*4+);+(84+6()<'=4+&):H'<(:4*(6+)*+(84+$4;(+)<+<%=8(+6%>4+);+(84+$"=='=4+&):,
H'<(:4*(+UM+W()<'=4+&):H'<(:4*(6+%*+(84+$"=='=4+&):H'<(:4*(L+-46&<%H(%)*V B
— D*+'+;)':+H%4&4+"*>4<+(84+$"=='=4+&):H'<(:4*(+;$))<+UM+b"=='=4+&):H'<(:4*(+;$))<L+GH4<',
(%)*V B

/G3DE1
-)+*)(+$4(+(84+$"=='=4+&):H'<(:4*(+;$))<+;'$$+%*()+H$'&4+784*+&$)6%*=L+'$7'96+="%>4+%(+>)7*B
G(84<7%64L+(84+(<%:+H'*4$6+)<+(84+$"=='=4+&):H'<(:4*(+;$))<+&)"$>+#4+>':'=4>B

D;+"64>L+&<'*J+(84+@48%&$4+A'&J+#'&J+>)7*+6)+(8'(+%(+&'*+#4+64&"<4$9+6()74>+%*+(84+@48%&$4B

7$/59,$(.22,(05.(92>=2#$#.'
R%=B+
R%=B+NN+ X48%&$4+())$+J%(+&):H)*4*(6+U=4*4<'$+45':H$4V

N .>'H(4<+;)<+(84+'*(%,(84;(+7844$+#)$(B+X)$J67'=4*+<4&)::4*>6+'$7'96+J44H%*=+(84+'>'H(4<
;)<+(84+7844$+#)$(6+%*+(84+@48%&$4+7%(8+(84+@48%&$4+())$+J%(B+384+&)>4+*":#4<
&)>4+*":#4<+;)<+(84+7844$
#)$(+$)&J+%6+6(':H4>+)*+(84+;<)*(+);+(84+'>'H(4<B+.+<4H$'&4:4*(+'>'H(4<+&'*+#4+)<>4<4>
#'64>+)*+(8%6+*":#4<+%;+(84+'>'H(4<+%6+$)6(B+/)(4+(84+7844$+#)$(+$)&J+&)>4+*":#4<+'*>+J44H
%(+64H'<'(4+;<):+(84+@48%&$4B
Q 3)7%*=+494+(8'(+&'*+#4+6&<474>+%*B
O C%<4+#<'&J4(+;)<+<4:)@%*=+(84+&4*(4<+7844$+&)@4<6L+;"$$+7844$+&)@4<6L+)<+(84+7844$+#)$(
&)@4<6B
Z X48%&$4+A'&JB+[4;)<4+H"((%*=+(84+@48%&$4+A'&J+'7'9L+&<'*J+(84+@48%&$4+A'&J+&$'7+'$$+(84+7'9
>)7*B
a'%*(4*'*&4T
a'%*(4*'*&4T+384+A'&J+=4*4<'$$9+>)46+*)(+<4I"%<4+:'%*(4*'*&4B+D;+*4&466'<9L+'HH$9+"*%@4<,
6'$+$"#<%&'*(+()+(84+@48%&$4+A'&JB
\ b"=+7<4*&8B
] E<'*JB

-5=$%(4,*C$'
F$%859$(=2'5.52#

R%=B+
R%=B+NN+ C%H4<6+%*+64<@%&4+H)6%(%)*B

D*+(84+64<@%&4+H)6%(%)*L+(84+7%H4<+'<:6+&'*+#4+$%;(4>+);;+);+(84+7%*>68%4$>B

:9.58*.5#6(./$('$%859$(=2'5.52#
— 384+8))>+:"6(+#4+&$)64>+UM+D*+(84+4*=%*4+&):H'<(:4*(L+GH4<'(%)*V B
— W7%(&8+(84+%=*%(%)*+);;+'*>+)*+'='%*B
— !<466+(84+7%*>68%4$>+7%H4<+$4@4<+#<%4;$9+>)7*7'<>B

U53.5#6(./$("5#C'/5$,C("5=$%(*%>'
— a)@4+(84+7%*>68%4$>+7%H4<+'<:6+%*()+(84+64<@%&4+H)6%(%)*+#4;)<4+$%;(%*=+M+ B
— 3)+$%;(+'+7%*>68%4$>+7%H4<+'<:L+8)$>+%(+)*$9
)*$9+%*+(84+'<4'+784<4+%(+'(('&846+()+(84+7%H4<+#$'>4B

!$'&4+(84+7%H4<+'<:6+#'&J+)*()+(84+7%*>68%4$>+#4;)<4+><%@%*=B+C84*+(84+%=*%(%)*+%6+67%(&84>+)*L
H<466+(84+7%*>68%4$>+7%H4<+$4@4<+#<%4;$9+>)7*7'<>+()+#<%*=+(84+7%*>68%4$>+7%H4<+'<:6+#'&J+%*()
(84+)<%=%*'$+H)6%(%)*B
/G3DE1
● 3)+<4>"&4+(84+<%6J+);+>':'=4+()+(84+8))>+'*>+(84+7%*>68%4$>+7%H4<+'<:6L+)*$9+$%;(+(84+7%H4<
'<:6+);;+(84+7%*>68%4$>+784*+(849+'<4+%*+(84+64<@%&4+H)6%(%)*B
● 384+7%*>68%4$>+7%H4<+'<:6+:"6(+'$7'96+#4+)*+(84+7%*>68%4$>+#4;)<4+><%@%*=B

E,$*#5#6(*#C(9/*#65#6("5=$%(4,*C$'

R%=B+
R%=B+NN+ 24H$'&%*=+(84+7%*>68%4$>+7%H4<+#$'>46B

R%=B+
R%=B+QQ+ 24H$'&%*=+(84+<4'<+7%*>)7+7%H4<+#$'>4B
C%H4<+#$'>46+7%(8+'+=<'H8%(4+&)'(%*=+'<4+%*6('$$4>+'(+(84+;'&()<9B+384+=<'H8%(4+&)'(%*=+'$$)76+(84
7%H4<+#$'>4+()+=$%>4+4'6%$9+)@4<+(84+7%*>)7B+.+>':'=4>+=<'H8%(4+&)'(%*=+&<4'(46+'*+%*&<4'64>
*)%64+$4@4$+784*+7%H%*=+(84+7%*>)7B
E84&J+(84+&)*>%(%)*+);+(84+7%H4<+#$'>46+<4="$'<$9B+D;+7%H4<+#$'>46+'<4+<"##%*=
7%H4<+#$'>46+'<4+<"##%*=L+<4H$'&4+(84:+%;
(849+'<4+>':'=4>+)<+&$4'*+(84:+%;+(849+'<4+>%<(9+M+E$4'*%*=+'*>+&8'*=%*=+7%H4<+#$'>46 B
-':'=4>+7%H4<+#$'>46+68)"$>+#4+<4H$'&4>+%::4>%'(4$9B+C%H4<+#$'>46+&'*+#4+)#('%*4>+'(+'*+'",
(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B

E,$*#5#6(./$("5=$%(4,*C$'
/)(4+;)<+(84+7%*>68%4$>+7%H4<6T
/)(4+;)<+(84+7%*>68%4$>+7%H4<6T+:)@4+(84+7%*>68%4$>+7%H4<+'<:6+%*()+(84+64<@%&4+H)6%(%)*
#4;)<4+$%;(%*=+UM+C%H4<+#$'>46L+GH4<'(%)*V B
— 3)+$%;(+'+7%*>68%4$>+7%H4<+'<:L+8)$>+%(+)*$9
)*$9+%*+(84+'<4'+784<4+%(+'(('&846+()+(84+7%H4<+#$'>4B
— E$4'*+(84+7%H4<+#$'>46+&'<4;"$$9+7%(8+'+>':H+6H)*=4+M+E$4'*%*=+'*>+&8'*=%*=+7%H4<+#$'>46 B
— !$'&4+(84+7%H4<+'<:6+&'<4;"$$9+)*+(84+7%*>68%4$>B

E/*#65#6(./$("5#C'/5$,C("5=$%(4,*C$'
— a)@4+(84+7%*>68%4$>+7%H4<+'<:6+%*()+(84+64<@%&4+H)6%(%)*+#4;)<4+$%;(%*=+UM+C%H4<+#$'>46L+GH4<,
'(%)*V B
— 3)+$%;(+'+7%*>68%4$>+7%H4<+'<:L+8)$>+%(+)*$9
)*$9+%*+(84+'<4'+784<4+%(+'(('&846+()+(84+7%H4<+#$'>4B
— !<466+'*>+8)$>+(84+<4$4'64+#"(()*+'*>+<4:)@4+(84+7%H4<+#$'>4+'(+(84+6':4+(%:4+%*+(84+>%<4&,
(%)*+);+(84+'<<)7+M+;%=B+N + N B
— D*64<(+'+*47+7%H4<+#$'>4+);+(84+6':4+$4*=(8+'*>+(9H4
6':4+$4*=(8+'*>+(9H4+)*+(84+7%H4<+'<:+"*(%$+%(+4*='=46B
— !$'&4+(84+7%H4<+'<:6+&'<4;"$$9+)*+(84+7%*>68%4$>B

E/*#65#6(./$(%$*%("5#C2"("5=$%(4,*C$
— 3)+$%;(+'+7%*>68%4$>+7%H4<+'<:L+8)$>+%(+)*$9
)*$9+%*+(84+'<4'+784<4+%(+'(('&846+()+(84+7%H4<+#$'>4B
— b%;(+(84+7%H4<+'<:+'*>+;)$>+%(+)"(B
— !<466+'*>+8)$>+(84+<4$4'64+#"(()*+M+;%=B+Q + N B
— 3%$(+(84+7%H4<+#$'>4+()7'<>+(84+7%H4<+'<:+M+;%=B+Q +U'<<)7+ . V+78%$4+<4:)@%*=+%(+%*+(84+>%<4&,
(%)*+);+(84+'<<)7+ [ B+n)"+:'9+*44>+()+"64+:)<4+;)<&4+()+>)+(8%6B
— D*64<(+'+*47+7%H4<+#$'>4+);+(84+6':4+$4*=(8+'*>+(9H4
6':4+$4*=(8+'*>+(9H4+)*+(84+7%H4<+'<:+%*+(84+)HH)6%(4+>%,
<4&(%)*+);+(84+'<<)7+"*(%$+%(+4*='=46+M+;%=B+Q +U'<<)7+ [ VB+384+7%H4<+#$'>4+:"6(+#4+;)$>4>+)"(
784*+>)%*=+(8%6+M+;%=B+Q +U'<<)7+ . VB
— !$'&4+(84+7%H4<+'<:+&'<4;"$$9+)*+(84+<4'<+7%*>)7B
C.2/D/0
C)<*+)<+>%<(9+7%H4<+#$'>46+<4>"&4+@%6%#%$%(9+'*>+%*&<4'64+(84+<%6J+);+'&&%>4*(6+'*>+64<%)"6
%*A"<%46B
● .$7'96+<4H$'&4+7%H4<+#$'>46+%;+(849+'<4+>':'=4>+)<+7)<*+'*>+'<4+*)+$)*=4<+&$4'*%*=+(84
7%*>)7+=$'66+6";;%&%4*($9B

/G3DE1
-':'=4>+)<+>%<(9+7%H4<+#$'>46+&'*+6&<'(&8+(84+7%*>)7+=$'66B
● -)+*)(+"64+'*9+&$4'*%*=+:'(4<%'$6+&)*('%*%*=+6)$@4*(6L+8'<>+6H)*=46L+'*>+)(84<+68'<H,4>=4>
)#A4&(6+#4&'"64+(849+&'*+>':'=4+(84+=<'H8%(4+&)'(%*=+)*+(84+7%H4<+#$'>46B
● -)+*)(+&$4'*+(84+7%*>)76+7%(8+;"4$L+*'%$+H)$%68+<4:)@4<L+H'%*(+(8%**4<L+)<+)(84<+6%:%$'<
;$"%>6B

D;+(84<4+%6+7'5+<46%>"4+)*+(84+7%*>68%4$>+'*>+<4'<+7%*>)7+;<):+&'<+7'68+696(4:6+'*>
)(84<+H<)>"&(6L+(8%6+&'*+&'"64+7%H4<6+()+<"#B+24:)@4+'*9+7'5+<46%>"4+7%(8+'+6H4&%'$
&$4'*4<+)<+&$4'*%*=+()74$6B

;<.$%52%(,56/.5#6

G#.%2C+9.52#

[4;)<4+&8'*=%*=+'+$%=8(+#"$#L+&84&J+%;+%(+%6+'*+%*&'*>46&4*(+#"$#+)<+'*+b1-+$%=8(B+04*4<'$$9L+(84+'@,
4<'=4+H4<6)*+&'*+<4H$'&4+'*+%*&'*>46&4*(+#"$#B+D;+(84+45(4<%)<+$%=8(%*=+)*+9)"<+@48%&$4+%6
4I"%HH4>+7%(8+b1-+(4&8*)$)=9L+%(+%6+*)(+H)66%#$4+()+&8'*=4+b1-+$%=8(6+)<+%*>%@%>"'$+b1-6+#9+9)"<,
64$;B+384+:'$;"*&(%)*+);+%*>%@%>"'$+b1-6+:'9+#4+'*+%*>%&'(%)*+(8'(+:)<4+b1-6+7%$$+:'$;"*&(%)*B+D;
(8%6+%6+(84+&'64L+8'@4+b1-6+&84&J4>+'*>Y)<+<4H$'&4>+#9+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'",
(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B
-<%@%*=+7%(8+45(4<%)<+$%=8(%*=+(8'(+%6+%*)H4<'(%@4+:'9+#4+'='%*6(+(84+$'7B

:CC5.52#*,(4+,4('=$95359*.52#'
W):4+#"$#6+%*+(84+84'>$%=8(6+)<+%*+(84+('%$$%=8(6+:'9+8'@4+&4<('%*+:'*";'&("<4<+6H4&%;%&'(%)*6
(8'(+>%;;4<+;<):+&)*@4*(%)*'$+$%=8(+#"$#6B+384+<46H4&(%@4+*':4+7%$$+#4+)*+(84+#"$#+6)&J4(+)<+=$'66
#"$#B

C.2/D/0
.&&%>4*(6+&'*+)&&"<+%;+(84+<)'>+%6+*)(+74$$+$%(+'*>+(84+@48%&$4+&'**)(+#4+644*+#9+)(84<6+)*+(84
<)'>L+)<+%6+@4<9+>%;;%&"$(+()+644+#9+)(84<6B
C.2/D/0
E8'*=%*=+(84+#"$#6+%*&)<<4&($9+&'*+&'"64+'&&%>4*(6+'*>+64<%)"6+%*A"<%46B
● .$7'96+<4'>+'*>+)#64<@4+(84+7'<*%*=6+#4;)<4+H4<;)<:%*=+'*9+7)<J+%*+(84+4*=%*4+&):H'<(,
:4*(+UM+D*+(84+4*=%*4+&):H'<(:4*(L+04*4<'$+6';4(9V B+384+4*=%*4Y:)()<+&):H'<(:4*(+%*
'*9+:)()<+@48%&$4+%6+'+H)(4*(%'$$9+>'*=4<)"6+'<4'+(8'(+&'*+&'"64+64<%)"6+H4<6)*'$+%*A"<9B
● K'$)=4*+#"$#6+'<4+"*>4<+H<466"<4+'*>+&'*+#<4'J+>"<%*=+'+#"$#+&8'*=4B
● G*$9+&8'*=4+#"$#6+784*+(849+8'@4+&))$4>+>)7*+&):H$4(4$9B
● /4@4<+&8'*=4+'+$%=8(+#"$#+%;+9)"+'<4+*)(+;':%$%'<+7%(8+(84+<4I"%<4>+H<)&4>"<46B+D;+9)"+'<4+*)(
6"<4+78'(+()+>)L+8'@4+(84+7)<J+H4<;)<:4>+#9+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>
X)$J67'=4*+W4<@%&4+R'&%$%(9B
● -)+*)(+()"&8+(84+=$'66+#"$#+7%(8+#'<4+;%*=4<6B+R%*=4<H<%*(6+)*+(84+#"$#+7%$$+@'H)<%?4+;<):
(84+84'(+784*+(84+$%=8(+%6+67%(&84>+)*+'*>+7%$$+&'"64+(84+<4;$4&()<+()+g>'<J4*hB
● E):H)*4*(6+7%(8+68'<H+4>=46+'<4+$)&'(4>+)*+(84+84'>$%=8(+8)"6%*=+'*>+)*+(84+('%$$%=8(
8)"6%*=B+!<)(4&(+9)"<+8'*>6+784*+&8'*=%*=+'+$%=8(+#"$#B

/G3DE1
D;+(84+<"##4<+&)@4<+)<+H$'6(%&+&)@4<6+)*+(84+84'>$%=8(+8)"6%*=+74<4+*)(+%*6('$$4>+&)<<4&($9+';(4<
'+#"$#+&8'*=4L+(8%6+&)"$>+&'"64+>':'=4+()+(84+4$4&(<%&'$+696(4:L+46H4&%'$$9+%;+7'(4<+4*(4<6B

_D+,4(%$=,*9$>$#.(5#32%>*.52#`(9/$90,5'.

E84&J$%6(

.$7'96+H4<;)<:+(84+;)$$)7%*=+6(4H6+;)<+&8'*=%*=+'+#"$#+%*+(84+6H4&%;%4>+64I"4*&4+M+["$#+<4,
H$'&4:4*(+%*;)<:'(%)*+&84&J$%6( T

NB+ !'<J+(84+@48%&$4+'+6';4+>%6('*&4+'7'9+;<):+:)@%*=+(<';;%&+)*+$4@4$+'*>+6)$%>+=<)"*>+'6+6))*
'6+H)66%#$4B
QB+ W4(+(84+4$4&(<)*%&+H'<J%*=+#<'J4+UM+1$4&(<)*%&+H'<J%*=+#<'J4L+GH4<'(%)*V B
OB+ W7%(&8+(84+$%=8(6+);;+UM+b)7+#4':+84'>$%=8(L+GH4<'(%)*V B
ZB+ 3"<*+);;+(84+("<*+6%=*'$+%;+%(+%6+'&(%@'(4>+UM+3"<*+6%=*'$L+GH4<'(%)*V B
\B+ ."():'(%&+(<'*6:%66%)*T+:)@4+(84+64$4&()<+$4@4<+%*()+(84+!!+H)6%(%)*+UM+."():'(%&+(<'*6:%6,
6%)*+U&):#%*'(%)*VL+GH4<'(%)*V B
]B+ W()H+(84+4*=%*4+'*>+<4:)@4+(84+@48%&$4+J49+;<):+(84+%=*%(%)*+$)&J+UM+W()HH%*=+(84+4*=%*4L
GH4<'(%)*V B
^B+ a'*"'$+(<'*6:%66%)*T+4*='=4+'+=4'<+UM+a'*"'$+(<'*6:%66%)*L+GH4<'(%)*V B
_B+ .$$)7+(84+)<%4*('(%)*+$%=8(%*=+()+("<*+);;+UM+15%(+$%=8(%*=+'*>+4*(<9+$%=8(%*=+U)<%4*('(%)*+$%=8(,
%*=VL+-46&<%H(%)*V B
`B+ .$$)7+(84+';;4&(4>+$%=8(+#"$#6+()+&))$+>)7*B
NPB+ E84&J+%;+9)"+&'*+644+(8'(+'+;"64+%6+#"<*(+)"(+UM+R"646L+D*(<)>"&(%)*Y=4*4<'$+%*;)<:'(%)*V B
NNB+ E8'*=4+(84+';;4&(4>+$%=8(+#"$#+'&&)<>%*=+()+(84+%*6(<"&(%)*6+M+["$#+<4H$'&4:4*(+%*;)<:'(%)*
&84&J$%6( B+.+$%=8(+#"$#+:'9+)*$9+#4+<4H$'&4>+7%(8+(84+6':4+(9H4+);+$%=8(+#"$#B+384+<46H4&(%@4
*':4+7%$$+#4+)*+(84+#"$#+6)&J4(+)<+=$'66+#"$#B
NQB+ /4@4<+()"&8+'+=$'66+$%=8(+#"$#+7%(8+#'<4+8'*>6B+384+;%*=4<H<%*(6+$4;(+#48%*>+7)"$>+@'H)<%?4
;<):+(84+84'(+784*+(84+#"$#+%6+67%(&84>+)*+'*>+&)*>4*64+)*+(84+<4;$4&()<L+78%&8+7)"$>
(84*+<4>"&4+(84+84'>$%=8(+#<%=8(*466B
NOB+ E84&J+(84+#"$#+;"*&(%)*+';(4<+'+#"$#+%6+&8'*=4>B+D;+(84+#"$#+>)46+*)(+;"*&(%)*L+(84+#"$#+:'9
*)(+8'@4+#44*+%*64<(4>+&)<<4&($9L+:'9+8'@4+;'$$4*+)"(L+)<+(84+&)**4&()<+:'9+*)(+8'@4+#44*
H$"==4>+%*+&)<<4&($9B
NZB+ 1@4<9+(%:4+'+#"$#+%6+&8'*=4>+%*+(84+;<)*(+);+(84+@48%&$4L+8'@4+(84+84'>$%=8(+64((%*=+&84&J4>
#9+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B

C.2/D/0
R'%$%*=+()+844>+(8%6+&84&J$%6(+(8'(+%6+H<)@%>4>+;)<+9)"<+)7*+6';4(9+&'*+&'"64+'&&%>4*(6+'*>+64<%,
)"6+%*A"<%46B
● .$7'96+;)$$)7+(84+6(4H6+%*+(84+&84&J$%6(+'*>+(84+=4*4<'$+6';4(9+H<4&'"(%)*6B

/G3DE1
.$7'96+<4:)@4+'*>+%*64<(+$%=8(6+&'<4;"$$9+()+<4>"&4+(84+<%6J+);+>':'=%*=+(84+@48%&$4+H'%*(+)<
)(84<+@48%&$4+&):H)*4*(6B

@$=,*95#6(./$(.+%#('56#*,(4+,4

R%=B+
R%=B+NN+ D*+(84+<%=8(,6%>4+);+(84+4*=%*4+&):H'<(:4*(T+24'<+6%>4+);+(84+84'>$%=8(6B

G*$9+H4<;)<:+(8464+6(4H6+%*+(84+6H4&%;%4>+)<>4<T
NB+ R)$$)7+(84+&84&J$%6(+'*>+H4<;)<:+(84+6(4H6+UM+15(4<%)<+$%=8(%*=L+24I"%<4:4*(6V B
QB+ GH4*+(84+8))>+ +UM+D*+(84+4*=%*4+&):H'<(:4*(L+04*4<'$+6';4(9V B

OB+ 24:)@4+<"##4<+&)@4<+M+;%=B+N + N B

ZB+ !"$$+)"(+(84+$':H+8)$>4<+M+;%=B+N + Q +#9+(84+8'*>$4+%*+(84+>%<4&(%)*+);+(84+'<<)7B+.(+(84


6':4+(%:4L+H<466+(84+8'*>$4+6$%=8($9+"H+'*>+>)7*+'$(4<*'(4$9L+%*+)<>4<+()+'%>+<4:)@'$B

\B+ 24H$'&4+(84+#"<*4>+)"(+#"$#+7%(8+'+*47+#"$#+(8'(+%6+%>4*(%&'$+()+(84+)*4+#4%*=+<4H$'&4>B
]B+ E'<4;"$$9+%*64<(+(84+$':H+8)$>4<+%*+(84+84'>$%=8(+'*>+H<466+%(+;)<7'<>6+"*(%$+%(+H4<&4H(%#$9+4*,
='=46+M+;%=B+N B

^B+ !<466+'<)"*>+(84+&%<&":;4<4*&4+);+(84+<"##4<+&)@4<B
_B+ E$)64+(84+8))>+ +UM+D*+(84+4*=%*4+&):H'<(:4*(L+04*4<'$+6';4(9V B

384+%$$"6(<'(%)*6+68)7+(84+<%=8(+84'>$%=8(+;<):+#48%*>B+384+$4;(+84'>$%=8(+%6+6(<"&("<4>+'6
%(6+:%<<)<+%:'=4B

@$=,*95#6(3+'$'

G#.%2C+9.52#

-"4+()+(84+&)*6('*(+>4@4$)H:4*(+);+(84+@48%&$4L+4I"%H:4*(,>4H4*>4*(+;"64+'66%=*:4*(6L+'*>
(84+68'<4>+H<)(4&(%)*+);+:"$(%H$4+4$4&(<%&'$+4I"%H:4*(+%(4:6+"6%*=+)*4+;"64L+'+&):H$4(4+)@4<,
@%47+);+(84+;"64+$'9)"(+7%$$+*)(+#4+'@'%$'#$4+'(+(84+(%:4+);+H<%*(B+D*;)<:'(%)*+'#)"(+;"64+'66%=*,
:4*(+>4('%$6+&'*+#4+)#('%*4>+'(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<,
@%&4+R'&%$%(9B
04*4<'$$9L+:"$(%H$4+4$4&(<%&'$+4I"%H:4*(+%(4:6+&'*+#4+H<)(4&(4>+()=4(84<+(8<)"=8+#9+;"64B+G*+(84
)(84<+8'*>L+6):4+4I"%H:4*(+%(4:6+:'9+"64+:"$(%H$4+;"646B
G*$9+<4H$'&4+;"646+%;+(84+&'"64+;)<+(84+:'$;"*&(%)*+8'6+#44*+;)"*>B+D;+'+*47+;"64+#"<*6+)"(+'='%*
';(4<+'+68)<(+(%:4L+(84+4$4&(<%&'$+696(4:+:"6(+#4+&84&J4>+#9+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<
'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B

C.2/D/0
K%=8+@)$('=4+%*+(84+4$4&(<%&'$+696(4:+&'*+&'"64+4$4&(<%&+68)&J6L+64<%)"6+#"<*6L+'*>+;'('$+%*A"<%46B
● /4@4<+()"&8+(84+4$4&(<%&'$+7%<46+%*+(84+%=*%(%)*+696(4:B
● 24>"&4+(84+<%6J+);+68)<(+&%<&"%(6+%*+(84+4$4&(<%&'$+696(4:B
C.2/D/0
F6%*=+"*6"%('#$4+;"646L+<4H'%<%*=+;"646L+'*>+#<%>=%*=+'+H)74<+&%<&"%(+7%(8)"(+;"646+&'*+&'"646
;%<46+'*>+64<%)"6+%*A"<%46B
● /4@4<+%*6('$$+;"646+(8'(+8'@4+'+8%=84<+&"<<4*(+<'(%*=B+G*$9+<4H$'&4+;"646+7%(8+)*46+(8'(+8'@4
(84+6':4+6(<4*=(8+U6':4+&)$)<+'*>+$'#4$V+'*>+(84+6':4+6%?4B
● /4@4<+<4H'%<+;"646B
● /4@4<+<4H$'&4+;"646+7%(8+:4('$+#'*>6L+H'H4<+&$%H6L+)<+6%:%$'<+)#A4&(6B

/G3DE1
● 3)+<4>"&4+(84+<%6J+);+>':'=%*=+(84+4$4&(<%&'$+696(4:+%*+(84+@48%&$4L+(84+%=*%(%)*L+(84+$%=8(6L
'*>+'$$+4$4&(<%&'$+4I"%H:4*(+:"6(+#4+67%(&84>+);;+'*>+(84+@48%&$4+J49+:"6(+#4+<4:)@4>
;<):+(84+%=*%(%)*+$)&J+#4;)<4+'+;"64+&'*+#4+<4H$'&4>B
● D;+'+;"64+%6+<4H$'&4>+#9+'*)(84<+;"64+7%(8+'+8%=84<+&"<<4*(+<'(%*=L+(8%6+&)"$>+'$6)+>':'=4+(84
4$4&(<%&'$+696(4:+%*+'*)(84<+$)&'(%)*B
● GH4*+;"64+#)546+:"6(+#4+H<)(4&(4>+6)+(8'(+>%<(+)<+;$"%>6+>)+*)(+4*(4<+(84:B+-%<(+'*>+;$"%>6+%*
(84+;"64+#)546+&'*+>':'=4+(84+4$4&(<%&'$+696(4:B
● 24:)@4+(84+;"64+#)5+&)@4<6+&'<4;"$$9+'*>+<4%*6('$$+&)<<4&($9+()+<4>"&4+(84+<%6J+);+@48%&$4
>':'=4B

384<4+'<4+:)<4+;"646+%*+(84+@48%&$4+(8'*+'<4+6H4&%;%4>+%*+(8%6+&8'H(4<B+38464+68)"$>+)*$9
#4+<4H$'&4>+#9+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4
R'&%$%(9B

?+'$'(5#(./$($#65#$]>2.2%(92>=*%.>$#.
R%=B+
R%=B+NN+ D*+(84+4*=%*4+&):H'<(:4*(T+;"64+#)5+7%(8+H$'6(%&+('#6B

!=$#5#6(./$(3+'$(42<(5#(./$($#65#$]>2.2%(92>=*%.>$#.
— GH4*+(84+8))>+ +UM+D*+(84+4*=%*4+&):H'<(:4*(L+04*4<'$+6';4(9V B
— !<466+(84+&'(&846+%*+(84+>%<4&(%)*+);+(84+'<<)7+M+;%=B+N +U'<<)7VL+()+<4$4'64+(84+;"64+#)5+&)@4<
M+;%=B+N + N B
— 24:)@4+(84+&)@4<+"H7'<>B
— 3)+%*6('$$ L+H$'&4+(84+&)@4<+)*+(84+;"64+#)5+'*>+H<466+>)7*+"*(%$+(84+&)@4<+$'(&846+%*()+H$'&4+)*
#)(8+6%>46B

384+;"64+#)5+:'9+&)*('%*+'+H$'6(%&+('#+;)<+H"$$%*=+)"(+(84+;"646+M+;%=B+N + Q B

?+'$(.*4,$(32%(3+'$'(5#(./$($#65#$]>2.2%(92>=*%.>$#.
R%=B+
R%=B+NN+ D*+(84+4*=%*4Y:)()<+&):H'<(:4*(T+;"64+$)&'(%)*6B
R%=B+
R%=B+NN+ D*+(84+4*=%*4Y:)()<+&):H'<(:4*(T+;"64+$)&'(%)*6B

384+('#$4+68)76+(84+;"64+$)&'(%)*6+;)<+(84+4I"%H:4*(+<4$4@'*(+()+(84+><%@4<B+384+;%<6(+&)$":*+);
(84+('#$4+&)*('%*6+(84+;"64+6$)(m+(84+)(84<+&)$":*6+%*&$">4+(84+;"64+@4<6%)*L+&"<<4*(+<'(%*=L+'*>
(84+H<)(4&(4>+4I"%H:4*(B
-4H4*>%*=+)*+(84+:'<J4(+'*>+(84+@48%&$4+4I"%H:4*(L+(84<4+:'9+#4+>%;;4<4*&46+;<):+(84+;"64
*":#4<6+'*>+;"64+6$)(6+$%6(4>+%*+(84+('#$4B+D;+*4&466'<9L+'6J+;)<+(84+45'&(+;"64+'66%=*:4*(+'(+'*
'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B
R"64+6$)(+M+;%=B+N T

R`
N\+.L+.3G
N\+.L+.3GffL+8)<*B
RNP
OP+.L+.3G
OP+.L+.3GffL+7%*>68%4$>+7%H4<6B
RON
^L\+.L+.3G
^L\+.L+.3GffL+#<'J4+$%=8(+64*6)<B
ROQ
ZP+.L+a.qDj
ZP+.L+a.qDjffL+7%*>68%4$>+>4;<)6(4<B

RNZ
QP+.L+.3G
QP+.L+.3GffL+'"5%$%'<9+84'(%*=B

?+'$'(5#(./$(5#'.%+>$#.(=*#$,

R%=B+
R%=B+NN+ G*+(84+><%@4<d6+6%>4+%*+(84+%*6(<":4*(+H'*4$T+;"64+#)5+&)@4<B
R%=B+
R%=B+QQ+ R"64+#)5+&)@4<+%*+(84+%*6(<":4*(+H'*4$T+<%=8(,8'*>+><%@4+@48%&$46L+)*+(84+;<)*(+H'664*=4<
6%>4B

U$3.M/*#C(C%58$(8$/59,$'X(!=$#5#6(./$(3+'$(42<(5#(./$(5#'.%+>$#.
=*#$,
— 24'&8+#48%*>+(84+&)@4<+'*>+H"$$+%(+);;+%*+(84+>%<4&(%)*+);+(84+'<<)7+M+;%=B+N B
— 3)+<4;%( +(84+&)@4<L+<4%*64<(+%(+6('<(%*=+7%(8+(84+6%>4+)HH)6%(4+(84+6%>4+#9+78%&8+9)"+H"$$4>+%(+);;L
'*>+H"68+%(+&$)64>+%*+(84+)HH)6%(4+>%<4&(%)*+()+(84+'<<)7+"*(%$+9)"+84'<+%(+&$%&J+%*()+H$'&4B

@56/.M/*#C(C%58$(8$/59,$'X(2=$#5#6(./$(3+'$(42<(5#(./$(5#'.%+>$#.
=*#$,
— GH4*+(84+=$)@4+&):H'<(:4*(+'*>+4:H(9+%(+%;+*4&466'<9B
— !"68+(84+>':H4<+4$4:4*(+"H+'*>+%*()+(84+)H4*%*=+%*+(84+#<'&J4(L+#4;)<4+H"$$%*=+%(+)"(+6%>4,
7'96+M+;%=B+Q + N B
— !"68+(84+&'(&846+"H+%*+(84+>%<4&(%)*+);+(84+'<<)7+78%$4+'(+(84+6':4+(%:4+)H4*%*=+(84+6()<'=4
&):H'<(:4*(+;"<(84<+M+;%=B+Q + Q B
— 3)+%*6('$$ T+:)@4+(84+6()<'=4+&):H'<(:4*(+%*()+H)6%(%)*B+R%(+(84+>':H4<+4$4:4*(+%*()+(84
)H4*%*=+%*+(84+#<'&J4(+'*>+H"68+%(+>)7*+"*(%$+9)"+84'<+%(+&$%&J+%*()+H$'&4B+!"68+(84+6()<'=4
&):H'<(:4*(+&'<4;"$$9+;)<7'<>6+H'6(+(84+<46%6('*&4+);+(84+6()H+H%*+M+;%=B+Q + Q B
?+'$(.*4,$(32%(3+'$'(5#(./$(5#'.%+>$#.(=*#$,

R%=B+
R%=B+NN+ D*+(84+%*6(<":4*(+H'*4$T+;"64+'66%=*:4*(

384+('#$4+68)76+(84+;"64+$)&'(%)*6+;)<+(84+4I"%H:4*(+<4$4@'*(+()+(84+><%@4<B+384+;%<6(+&)$":*+);
(84+('#$4+&)*('%*6+(84+;"64+6$)(m+(84+)(84<+&)$":*6+%*&$">4+(84+;"64+@4<6%)*L+&"<<4*(+<'(%*=L+'*>
(84+H<)(4&(4>+4I"%H:4*(B
-4H4*>%*=+)*+(84+:'<J4(+'*>+(84+@48%&$4+4I"%H:4*(L+(84<4+:'9+#4+>%;;4<4*&46+;<):+(84+;"64
*":#4<6+'*>+;"64+6$)(6+$%6(4>+%*+(84+('#$4B+D;+*4&466'<9L+'6J+;)<+(84+45'&(+;"64+'66%=*:4*(+'(+'*
'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B
R"64+6$)(+M+;%=B+N T

R]
OP+.L+.3G
OP+.L+.3GffL+%*(4<%)<+$%=8(%*=B
R^
OP+.L+.3G
OP+.L+.3GffL+64'(+84'(%*=B
R_
QP+.L+.3G
QP+.L+.3GffL+4$4&(<%&'$+(%$(%*=+'*>+6$%>%*=+H'*)<':%&+6"*<));B
RNQ
ZP+.L+a.qDj
ZP+.L+a.qDjffL+45(4<%)<+$%=8(%*=+U<%=8(,6%>4VB
RNO
ZP+.L+a.qDj
ZP+.L+a.qDjffL+&4*(<'$+$)&J%*=B
RQP
^B\+.L+aD/D
^B\+.L+aD/DffL+(4$4H8)*4B
ROP
QP+.L+.3G
QP+.L+.3GffL+D*;)('%*:4*(+;"*&(%)*6B
ROQ
Q\+.L+.3G
Q\+.L+.3GffL+<4'<+64'(+84'(%*=B
RO\
ZP+.L+a.qDj
ZP+.L+a.qDjffL+45(4<%)<+$%=8(%*=+U$4;(,6%>4VB
RO]
ZP+.L+a.qDj
ZP+.L+a.qDjffL+#$)74<+<4="$'()<B
RZP
^B\+.L+aD/D
^B\+.L+aD/DffL+'*(%,(84;(+'$'<:+696(4:B
RZQ
^B\+.:H4<4L+aD/D
^B\+.:H4<4L+aD/DffL+64$4&()<+:4&8'*%6:+;)<+(84+'"():'(%&+=4'<#)5B
RZO
NP+.L+aD/D
NP+.L+aD/DffL+&)*(<)$+;)<+(84+&$%:'(4+&)*(<)$+696(4:+)<+84'(%*=+'*>+@4*(%$'(%)*+696(4:L+<4'<
7%*>)7+>4;<)6(4<+<4$'9B
RZZ
^B\+.:H4<4L+aD/D
^B\+.:H4<4L+aD/DffL+$%=8(+67%(&8+U$)7+#4':+84'>$%=8(VL+<'%*Y$%=8(+64*6)<L+4$4&(<)*%&+H'<J,
%*=+#<'J4B
RZ]
^B\+.L+aD/D
^B\+.L+aD/DffL+>%6H$'9L+D*;)('%*:4*(+696(4:+&)*(<)$+"*%(B
R\Q
QP+.L+.3G f
R]]
N\+.L+.3G
N\+.L+.3GffL+<4'<+7%*>)7+7%H4<B
R]^
OP+.L+a.qDj
OP+.L+a.qDjffL+<4'<+7%*>)7+84'(%*=B

R"64+$)&'(%)*6+;)<+@48%&$46+7%(8+(<'%$4<+8%(&8+%*6('$$4>+'(+(84+;'&()<9T

RO
Q\+.L+.3G
Q\+.L+.3GffL+$4;(+(<'%$4<+&)*(<)$+:)>"$4B
RNN
N\+.L+.3G
N\+.L+.3GffL+(<'%$4<+&)*(<)$+:)>"$4B
RQ`
ZP+.L+.3G
ZP+.L+.3GffL+(<'%$4<+&8'<=%*=+&'#$4B
RON
Q\+.L+.3G
Q\+.L+.3GffL+<%=8(+(<'%$4<+&)*(<)$+:)>"$4B

!)74<+7%*>)76+'*>+64'(6+&'*+#4+H<)(4&(4>+#9+&%<&"%(+#<4'J4<6
&%<&"%(+#<4'J4<6L+78%&8+67%(&8+#'&J+)*
'"():'(%&'$$9+64@4<'$+64&)*>6+';(4<+&)<<4&(%*=+(84+)@4<$)'>L+;)<+45':H$4+784*+H)74<
7%*>)76+'<4+;<)?4*+68"(B

@$=,*95#6(4,2"#(3+'$'

R%=B+
R%=B+NN+ [$)7*+;"64B
R%=B+
R%=B+QQ+ 24:)@%*=+)<+%*6('$$%*=+'+;"64+7%(8+(84+H$'6(%&+H$%4<6T+

T+;$'(+#$'>4+;"64L+

T+&'<(<%>=4+;"64B

?+'$(8$%'52#'
— W('*>'<>+;$'(+&)**4&()<+;"64+U.3GfVB
— W:'$$+;$'(+&)**4&()<+;"64+UaD/DfVB
— b'<=4+;$'(+#$'>4+;"64+Ua.qDf+)<+a.qDjfVB

?+'$(92,2%(92C$'
R"646+U.3G
R"646+U.3GffT+aD/D
T+aD/DffL+a.qD
L+a.qDff+)<+a.qDj
+)<+a.qDjffV

E)$)<
E"<<4*(+<'(%*=
[$'&J
N+.
!"<H$4
O+.
G<'*=4
\+.
[<)7*
^B\+.
24>
NP+.
[$"4
N\+.
n4$$)7
QP+.
C8%(4+)<+&$4'<
Q\+.
0<44*
OP+.
b%=8(+=<44*
ZP+.

O%$=*%*.52#'
— W7%(&8+);;+(84+%=*%(%)*L+$%=8(6L+'*>+'$$+)(84<+4$4&(<%&'$+4I"%H:4*(B
— GH4*+(84+'HH$%&'#$4+;"64+#)546+UM+R"646+%*+(84+%*6(<":4*(+H'*4$L+-46&<%H(%)*V B

A$.$9.5#6(4,2"#(3+'$'
— W8%*4+'+;$'68$%=8(+)*+(84+;"64B+38%6+7%$$+84$H+9)"+()+644+(84+#$)7*+;"64+:)<4+4'6%$9B
— .+#$)7*+;$'(+#$'>4+;"64 +&'*+#4+<4&)=*%?4>+;<):+'#)@4+'*>+;<):+(84+6%>4+(8<)"=8+(84+(<'*6H'<,
4*(+&'6%*=L+'6+%(6+:4('$+6(<%H+7%$$+#4+#"<*(+(8<)"=8+M+;%=B+N B

@$=,*95#6(3+'$'
— 24:)@4+H$'6(%&+()*=6+;<):+4%(84<+(84+;"64+#)5+)<+(84+&)@4<+);+(84+;"64+#)5+M+;%=B+Q + N B
— -4H4*>%*=+)*+(84+>46%=*+);+(84+;"64L+6$%>4+(84+'HH<)H<%'(4$9+6%?4>+&$':H+)*+(84+H$'6(%&+H$%4<6
)*()+(84+;"64+;<):+'#)@4+)<+;<):+(84+6%>4+M+;%=B+Q B
— 24:)@4+(84+;"64B
— D;+'+;"64+%6+#$)7*L+<4H$'&4+7%(8+'+;"64+7%(8+(84+6':4 +<'(%*=+U6':4+&)$)<+'*>+6':4+$'#4$V+'*>
(84+6':4 +6%?4+M+24H$'&%*=+#$)7*+;"646 B
— .;(4<+%*64<(%*=+(84+*47+;"64L+H$'&4+(84+H$'6(%&+H$%4<6+#'&J+%*+(84+&)@4<L+%;+*4&466'<9B
— 24%*6('$$+(84+&)@4<+)<+&$)64+(84+;"64+#)5+&)@4<B

/G3DE1
D;+'+;"64+%6+<4H$'&4>+#9+'+;"64+7%(8+'+8%=84<+&"<<4*(+<'(%*=L+(8%6+&)"$>+>':'=4+(84+4$4&(<%&'$+696,
(4:+%*+'*)(84<+$)&'(%)*B

@$=,*95#6(4,2"#(3+'$'
R%=B+
R%=B+NN+ [$)7*+;"64T+

;$'(+&)**4&()<+;"64+

#$)&J+;"64B
R%=B+
R%=B+QQ+ 24:)@%*=+)<+%*6('$$%*=+'+;"64+7%(8+(84+H$'6(%&+H$%4<6T+

T+;$'(+&)**4&()<+;"64L+

T+#$)&J+;"64B

?+'$(8$%'52#'
— W('*>'<>+;$'(+&)**4&()<+;"64+U.3GfVB
— W:'$$+;$'(+&)**4&()<+;"64+UaD/DfVB
— [$)&J+;"64+UwE.W1fVB

?+'$(92,2%(92C$'
R"646+
R"646+U.3G+,+aD/D+,+a.qDV
U.3G+,+aD/D+,+a.qDV
E)$)< E"<<4*(+<'(%*=
[$'&J N+.
!"<H$4 O+.
+ G<'*=4 \+.
+ [<)7* ^B\+.
+ 24> NP+.
+ [$"4 N\+.
+ n4$$)7 QP+.
+ Q\+.
+ OP+.
+ ZP+.
C8%(4+)<+&$4'< 0<44* b%=8(+=<44*
+ + + R"646+
R"646+UwE.W1V
UwE.W1V
[$"4 QP+.
!%*J OP+.
0<44* ZP+.
+ 24> \P+.
+ n4$$)7
+
+
+
]P+.
O%$=*%*.52#'
— W7%(&8+);;+(84+%=*%(%)*L+$%=8(6L+'*>+'$$+)(84<+4$4&(<%&'$+4I"%H:4*(B
— GH4*+(84+'HH$%&'#$4+;"64+#)546+UM+R"646L+D*(<)>"&(%)*Y=4*4<'$+%*;)<:'(%)*V B

A$.$9.5#6(4,2"#(3+'$'
— W8%*4+'+;$'68$%=8(+)*+(84+;"64B+38%6+7%$$+84$H+9)"+()+644+(84+#$)7*+;"64+:)<4+4'6%$9B
— .+#$)7*+;$'(+&)**4&()<+;"64+U.3GfL+aD/DfV +8'6+:4('$+6(<%H6+(8'(+8'@4+#"<*4>+(8<)"=8L+78%&8
9)"+&'*+644+(8<)"=8+(84+(<'*6H'<4*(+8)"6%*=+;<):+'#)@4+'*>+;<):+(84+6%>4+M+;%=B+N + B
— .+#$)7*+#$)&J+;"64+UwE.W1fV +8'6+:4('$+6(<%H6+(8'(+8'@4+#"<*4>+(8<)"=8L+78%&8+9)"+&'*+644
(8<)"=8+(84+(<'*6H'<4*(+8)"6%*=+;<):+'#)@4+M+;%=B+N + B

@$=,*95#6(3+'$'
— 24:)@4+(84+H$'6(%&+H$%4<6+;<):+(84+;"64+#)5+&)@4<L+%;+*4&466'<9+M+;%=B+Q + N B

— -4H4*>%*=+)*+(84+;"64+@4<6%)*L+H"68+(84+;%((%*=+&$':H+)*+(84+H$'6(%&+H$%4<6+)*+(84+6%>4+);+(84
;"64+M+;%=B+Q + + N +)<+M+;%=B+Q + + N B

— 24:)@4+(84+;"64B
— D;+'+;"64+%6+#$)7*L+<4H$'&4+7%(8+'+;"64+7%(8+(84+6':4 +<'(%*=+U6':4+&)$)<+'*>+6':4+$'#4$V+'*>
(84+6':4 +6%?4+M+ B
— .;(4<+%*64<(%*=+(84+*47+;"64L+H$'&4+(84+H$'6(%&+H$%4<6+#'&J+%*+(84+&)@4<B
— 24%*6('$$+(84+&)@4<+)<+&$)64+(84+;"64+#)5+&)@4<B

/G3DE1
D;+'+;"64+%6+<4H$'&4>+#9+'+;"64+7%(8+'+8%=84<+&"<<4*(+<'(%*=L+(8%6+&)"$>+>':'=4+(84+4$4&(<%&'$+696,
(4:+%*+'*)(84<+$)&'(%)*B

j+>=('.*%.5#6

G#.%2C+9.52#

384+@48%&$4+:"6(+*)(+#4+()7,6('<(4>+;)<+(4&8*%&'$+<4'6)*6+M+D*(<)>"&(%)* B
D;+(84+4*=%*4+&'**)(+6('<(+#4&'"64+(84+NQ,@)$(+@48%&$4+#'((4<9+8'6+><'%*4>L+(84+NQ,@)$(+@48%&$4
#'((4<9+)*+'*)(84<+@48%&$4+&'*+#4+"64>+()+6('<(+9)"<+@48%&$4B
.+6"%('#$4+A":H,6('<(+&'#$4+%6+<4I"%<4>+;)<+A":H,6('<(%*=B
384+7%<4+>%':4(4<+;)<+(84+A":H,6('<(+&'#$4B
— R)<+@48%&$46+7%(8+'+='6)$%*4+4*=%*4L+'(+$4'6(+Q\+::Q+UPBPO_+%*QVB
— R)<+@48%&$46+7%(8+'+>%464$+4*=%*4L+'(+$4'6(+O\+::Q+UPBP\Z+%*QVB
C.2/D/0
F6%*=+A":H4<+&'#$46+'*>+H4<;)<:%*=+'+A":H,6('<(+%*&)<<4&($9+&'*+&'"64+(84+NQ+X+@48%&$4+#'((4<9
()+45H$)>4L+78%&8+&'*+&'"64+64<%)"6+%*A"<%46B+3)+<4>"&4+(84+<%6J+);+(84+NQ+X+@48%&$4+#'((4<9+45,
H$)>%*=L+*)(4+(84+;)$$)7%*=T
● !4<;)<:%*=+7)<J+)*+(84+NQ+X+@48%&$4+#'((4<9+'*>+(84+4$4&(<%&'$+696(4:+&'*+&'"64+64<%)"6+%*,
A"<%46L+;%<46L+)<+4$4&(<%&+68)&J6B+.$7'96+<4'>+'*>+;)$$)7+(84+7'<*%*=6+'*>+6';4(9+H<4&'"(%)*6
#4;)<4+7)<J%*=+)*+(84+NQ+X+@48%&$4+#'((4<9+UM+NQ,X+@48%&$4+#'((4<9L+D*(<)>"&(%)*Y=4*4<'$+%*,
;)<:'(%)*V B
● 384+@48%&$4+#'((4<9+6"HH$9%*=+(84+H)74<+:"6(+8'@4+(84+6':4+@)$('=4+UNQ+XV+'*>+'HH<)5%,
:'(4$9+(84+6':4+&'H'&%(9+U644+(84+$'#4$+)*+(84+@48%&$4+#'((4<9V+'6+(84+><'%*4>+NQ+X+@48%&$4
#'((4<9B
● /4@4<+&8'<=4+'+;<)?4*+)<+(8'74>+NQ+X+@48%&$4+#'((4<9B+.+><'%*4>+NQ+X+#'((4<9+&'*+;<44?4+'(
(4:H4<'("<46+'<)"*>+OQ+kR+UP+kEVB
● .+;<)?4*+)<+(8'74>+NQ+X+@48%&$4+#'((4<9+:"6(+#4+<4H$'&4>B
● -"<%*=+'+A":H,6('<(L+'+8%=8$9+45H$)6%@4+='6+:%5("<4+#"%$>6+"H+'(+(84+NQ+X+@48%&$4+#'((4<9B+.$,
7'96+J44H+;%<46L+6H'<J6L+)H4*+;$':46L+'*>+$%(+&%='<4((46+;'<+'7'9+;<):+(84+NQ+X+@48%&$4+#'(,
(4<9B+/4@4<+"64+'+:)#%$4+H8)*4+78%$4+&)**4&(%*=+'*>+>%6&)**4&(%*=+(84+A":H,6('<(+&'#$4B
● !)6%(%)*+(84+A":H,6('<(+&'#$4+6)+(8'(+%(+7%$$+*4@4<+&)*('&(+<)('(%*=+&):H)*4*(6+%*+(84+4*=%*4
&):H'<(:4*(B
● /4@4<+67%(&8+(84+H)6%(%@4+(4<:%*'$+7%(8+(84+*4='(%@4+(4<:%*'$+)<+&)**4&(+(84+A":H,6('<(+&',
#$4+%*&)<<4&($9B
● !'9+'((4*(%)*+()+(84+)H4<'(%*=+%*6(<"&(%)*6+H<)@%>4>+#9+(84+:'*";'&("<4<+);+(84+A":H,6('<(
&'#$46B

/G3DE1
3)+<4>"&4+(84+<%6J+);+&)*6%>4<'#$4+>':'=4+()+(84+@48%&$4+4$4&(<%&'$+696(4:L+*)(4+(84+;)$$)7%*=T
● w":H,6('<(+&'#$46+(8'(+'<4+&)**4&(4>+%*&)<<4&($9+&'*+&'"64+'+68)<(+&%<&"%(B
● 384<4+:"6(+#4+*)+&)*('&(+#4(744*+(84+@48%&$46B+G(84<7%64L+&"<<4*(+&)"$>+'$<4'>9+#4+;$)7%*=
784*+(84+H)6%(%@4+(4<:%*'$6+'<4+&)**4&(4>B

/G3DE1
3)7,6('<(6+:'9+$4'>+()+>':'=4B

j+>=M'.*%.(=25#.(H#$6*.58$(92##$9.52#I
R%=B+
R%=B+NN+ D*+(84+4*=%*4+&):H'<(:4*(T+A":H,6('<(+H)%*(+U*4='(%@4+&)**4&(%)*VB

384+A":H,6('<(+H)%*(+rr+U*4='(%@4+&)**4&(%)*V+%6+;)<+&)**4&(%*=+(84+#$'&J +A":H4<+&'#$4+M+;%=B+N B
G*$9+H4<;)<:+A":H,6('<(%*=+"6%*=+(8%6+A":H,6('<(+H)%*(+U*4='(%@4+&)**4&(%)*VB

j+>=M'.*%.5#6
R%=B+
R%=B+NN+ -%'=<':+;)<+&)**4&(%*=+(84+A":H4<+&'#$46B

N X48%&$4+7%(8+(84+><'%*4>+NQ+X+@48%&$4+#'((4<9+(8'(+%6+<4&4%@%*=+(84+A":H,6('<(B
Q X48%&$4+7%(8+(84+NQ+X+@48%&$4+#'((4<9+H<)@%>%*=+H)74<+(8'(+%6+H<)@%>%*=+(84+A":H,6('<(B
O W"%('#$4+*4='(%@4+&)**4&(%)*T+H<4;4<'#$9+'+A":H,6('<(+H)%*(+U*4='(%@4+&)**4&(%)*VL+'+$'<=4
:4('$+H'<(+(8'(+%6+#)$(4>+64&"<4$9+()+(84+4*=%*4+#$)&JL+)<+(84+4*=%*4+#$)&J+%(64$;B

384+><'%*4>+NQ+X+@48%&$4+#'((4<9+:"6(+#4+&)**4&(4>+&)<<4&($9+()+(84+@48%&$4+4$4&(<%&'$+696(4:B
384+@48%&$46+:"6(+*)(+()"&8+4'&8+)(84<B+G(84<7%64L+&"<<4*(+&)"$>+#4=%*+;$)7%*=+784*+(84+H)6%,
(%@4+(4<:%*'$+%6+&)**4&(4>B
a'J4+6"<4+(84+(4<:%*'$+&$':H6+8'@4+6";;%&%4*(+&)*('&(+7%(8+:4('$B
D;+(84+4*=%*4+>)46+*)(+6('<(L+6()H+(84+6('<(%*=+H<)&466+';(4<+(4*+64&)*>6L+'*>+(<9+'='%*+';(4<+'H,
H<)5%:'(4$9+)*4+:%*"(4B
D;+(84+4*=%*4+6(%$$+7%$$+*)(+6('<(L+&)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67',
=4*+W4<@%&4+R'&%$%(9B

E2##$9.5#6(./$(N+>=$%(9*4,$'
.+r+[+r+E+r+-+M+;%=B+N B
G*$9+&)**4&(+(84+A":H4<+&'#$46+%*+(84+64I"4*&4+.+r+[+r+E+r+-
/4@4<+&)**4&(+(84+#$'&J +A":H4<+&'#$4+()+(84+*4='(%@4+(4<:%*'$+rr+)*+(84+NQ+X+@48%&$4+#'((4<9B
E)**4&(%*=+()+(84+*4='(%@4+(4<:%*'$+&'*+$4'>+()+'*+%*&)<<4&(+4@'$"'(%)*+);+(84+6('("6+);+(84+NQ+X
@48%&$4+#'((4<9+#9+(84+@48%&$4+4$4&(<)*%&6B
— W7%(&8+(84+%=*%(%)*+);;+)*+#)(8+@48%&$46+UM+1*=%*4+6('<(L+-46&<%H(%)*V B
— D;+*4&466'<9L+)H4*+(84+&)@4<+)*+(84+NQ+X+@48%&$4+#'((4<9+%*+(84+4*=%*4+&):H'<(:4*(+UM+NQ,X
@48%&$4+#'((4<9L+D*(<)>"&(%)*Y=4*4<'$+%*;)<:'(%)*V B
— E)**4&(+)*4+4*>+);+(84+<4> +A":H4<+&'#$4+.
.+()+(84+H)6%(%@4+#'((4<9+(4<:%*'$+jj+);+(84+@48%&$4
#'((4<9+7%(8+(84+>%6&8'<=4>+NQ,@)$(+@48%&$4+#'((4<9+M+;%=B+N + N +M+w":H,6('<(%*= B
— E)**4&(+(84+)(84<+4*>+);+(84+<4> +A":H4<+&'#$4+[
[+()+(84+H)6%(%@4+#'((4<9+(4<:%*'$+jj+);+(84+@48%,
&$4+6"HH$9%*=+(84+H)74<+M+;%=B+N + Q B
— E)**4&(+)*4+4*>+);+(84+#$'&J +A":H4<+&'#$4+E E+H<4;4<'#$9+()+'+A":H,6('<(+H)%*(+U*4='(%@4+&)*,
*4&(%)*VL+)(84<7%64+()+'+$'<=4+:4('$+H'<(+(8'(+%6+#)$(4>+64&"<4$9+()+(84+&9$%*>4<+#$)&J+)<+()+(84
&9$%*>4<+#$)&J+%(64$;+);+(84+@48%&$4+6"HH$9%*=+(84+H)74<+M+;%=B+N + O B
— E)**4&(+(84+)(84<+4*>+);+(84+#$'&J +A":H4<+&'#$4+-
-+;)<+(84+@48%&$4+7%(8+(84+>%6&8'<=4>+NQ,@)$(
@48%&$4+#'((4<9+H<4;4<'#$9+()+(84+A":H,6('<(+H)%*(+U*4='(%@4+&)**4&(%)*VL+)(84<7%64+()+'+$'<=4
:4('$+H'<(+(8'(+%6+#)$(4>+64&"<4$9+()+(84+&9$%*>4<+#$)&J+)<+()+(84+&9$%*>4<+#$)&J+%(64$;+M+;%=B+N +
O +M+w":H,6('<(%*= B
— 2)"(4+(84+A":H4<+&'#$46+6)+(8'(+(849+&'**)(+#4&):4+&'"=8(+%*+:)@%*=+H'<(6+%*+(84+4*=%*4
&):H'<(:4*(B

F.*%.5#6(./$($#65#$
— W('<(+(84+4*=%*4+%*+(84+@48%&$4+(8'(+%6+H<)@%>%*=+&"<<4*(+'*>+'$$)7+%(+()+<"*+'(+%>$4B
— W('<(+(84+4*=%*4+%*+(84+@48%&$4+7%(8+(84+><'%*4>+NQ+X+@48%&$4+#'((4<9+'*>+7'%(+(7)+()+(8<44
:%*"(46+"*(%$+(84+:)()<+%6+<"**%*=+g4@4*$9hB

@$>285#6(./$(N+>=$%(9*4,$'
— [4;)<4+>%6&)**4&(%*=+(84+A":H4<+&'#$4L+67%(&8+);;+(84+$)7+#4':+84'>$%=8(6+%;+(849+'<4
67%(&84>+)*B
— D*+(84+@48%&$4+7%(8+(84+><'%*4>+NQ+X+@48%&$4+#'((4<9L+67%(&8+)*+(84+#$)74<+%*+(84+&$%:'(4+&)*,
(<)$+696(4:+)<+(84+84'(%*=+'*>+;<468+'%<+696(4:+'*>+(84+<4'<+7%*>)7+>4;<)6(4<B+38%6+7%$$+<4>"&4
'*9+@)$('=4+6"<=46+(8'(+:'9+)&&"<+784*+>%6&)**4&(4>B
— C%(8+(84+4*=%*46+<"**%*=L+>%6&)**4&(+(84+A":H4<+&'#$46+)*$9+%*+(84+64I"4*&4+-+r+E+r+[+r+.
-+r+E+r+[+r+.
M+;%=B+N B
— E$)64+(84+#'((4<9+&)@4<+%;+*4&466'<9B
— E)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+'*>+8'@4
(84+NQ+X+@48%&$4+#'((4<9+%*6H4&(4>B
C.2/D/0
!4<;)<:%*=+'+A":H,6('<(+%*&)<<4&($9+&'*+&'"64+(84+NQ+X+@48%&$4+#'((4<9+()+45H$)>4L+78%&8+&'*
&'"64+64<%)"6+%*A"<%46B+3)+<4>"&4+(84+<%6J+);+(84+NQ+X+@48%&$4+#'((4<9+45H$)>%*=L+*)(4+(84
;)$$)7%*=T
● !4<;)<:%*=+7)<J+)*+(84+NQ+X+@48%&$4+#'((4<9+'*>+(84+4$4&(<%&'$+696(4:+&'*+&'"64+64<%)"6+%*,
A"<%46L+;%<46L+)<+4$4&(<%&+68)&J6B+.$7'96+<4'>+'*>+;)$$)7+(84+7'<*%*=6+'*>+6';4(9+H<4&'"(%)*6
#4;)<4+7)<J%*=+)*+(84+NQ+X+@48%&$4+#'((4<9+UM+NQ,X+@48%&$4+#'((4<9L+D*(<)>"&(%)*Y=4*4<'$+%*,
;)<:'(%)*V B
● .$7'96+74'<+6"%('#$4+H<)(4&(%@4+49474'<+'*>+H<)(4&(%@4+=$)@46L+'*>+*4@4<+#4*>+)@4<+(84+NQ
X+@48%&$4+#'((4<9B
● E)**4&(+(84+&'#$46+%*+(84+&)<<4&(+64I"4*&4T+;%<6(+(84+H)6%(%@4+&'#$4L+'*>+(84*+(84+*4='(%@4
&'#$4B
● /4@4<+&)**4&(+(84+*4='(%@4+(4<:%*'$+()+H'<(6+);+(84+;"4$+696(4:+)<+()+(84+#<'J4+$%*46B
● 384+H'<(6+);+(84+(4<:%*'$+&$':H6+(8'(+>)+*)(+8'@4+'*+%*6"$'(%)*+:"6(+*)(+()"&8+4'&8+)(84<B
384+&'#$4+(8'(+%6+&)**4&(4>+()+(84+H)6%(%@4+(4<:%*'$+)*+(84+NQ+X+@48%&$4+#'((4<9+:"6(+'$6)
*)(+&):4+%*()+&)*('&(+7%(8+'*9+@48%&$4+&):H)*4*(6+(8'(+&)*>"&(+4$4&(<%&%(9B
● E84&J+(84+%*6H4&(%)*+7%*>)7+)*+(84+NQ+X+@48%&$4+#'((4<9+"6%*=+'+;$'68$%=8(L+%;+*4&466'<9B+D;+%(
%6+$%=8(+94$$)7+)<+8'6+*)+&)$)<L+>)+*)(+H4<;)<:+'+A":H,6('<(+'*>+644+'*+'"(8)<%?4>+X)$J67',
=4*+W4<@%&4+R'&%$%(9+;)<+'66%6('*&4B
● .@)%>+>%6&8'<=%*=+6('(%&+4$4&(<%&%(9+*4'<+(84+NQ+X+@48%&$4+#'((4<9B+WH'<J6+&)"$>+;)<:+'*>+%=,
*%(4+(84+;$'::'#$4+='6+(8'(+%6+<4$4'64>+#9+(84+NQ+X+@48%&$4+#'((4<9B
● /4@4<+A":H,6('<(+'+@48%&$4+%;+(84+NQ+X+@48%&$4+#'((4<9+%6+>':'=4>L+;<)?4*L+)<+(8'74>B

/G3DE1
.;(4<+6"&&466;"$$9+A":H,6('<(%*=+(84+4*=%*4L+&)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8),
<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+'*>+8'@4+(84:+%*6H4&(+(84+NQ+X+@48%&$4+#'((4<9B

K2"5#6

G#.%2C+9.52#

3)7%*=+<4I"%<46+H<'&(%&4L+H'<(%&"$'<$9+%;+'+()7%*=+&'#$4+%6+"64>B+[)(8+><%@4<6+68)"$>+#4+;':%$%'<
7%(8+(84+6H4&%'$+&)*6%>4<'(%)*6+784*+()7%*=B+D*45H4<%4*&4>+><%@4<6+68)"$>+*)(+()7B
.$7'96+:'J4+6"<4+(84+()7%*=+;)<&4+>)46+*)(+45&44>+(84+H4<:%((4>+$4@4$+'*>+(84<4+'<4+*)+68)&J
$)'>%*=+&)*>%(%)*6B+384<4+%6+'$7'96+(84+<%6J+);+(84+&)"H$%*=+#4&):%*=+)@4<$)'>4>+784*+><%@%*=
);;,<)'>B
R)$$)7+'$$+'HH$%&'#$4+$'76+784*+()7%*=B

K2"5#6
3)7%*=+<4;4<6+()+"6%*=+'+@48%&$4+()+H"$$+'*)(84<+@48%&$4+(8'(+&'**)(+#4+><%@4*B
384+@48%&$4+&'*+#4+()74>+"6%*=+'+()7+#'<+)<+()7%*=+&'#$4B+C84*+(84+4*=%*4+%6+6()HH4>L+(84
(<'*6:%66%)*+7%$$+*)(+#4+6";;%&%4*($9+$"#<%&'(4>+%;+(<'@4$%*=+'(+8%=8+6H44>6+'*>+$)*=+>%6('*&46T
— 384+:'5%:":+H4<:%66%#$4+()7%*=+6H44>+%6+OP+:H8+U\P+J:Y8VB
— 384+:'5%:":+H4<:%66%#$4+()7%*=+>%6('*&4+%6+\P+J:+UOP+:%$46VB

K2"5#6(9*4,$P(.2"(4*%
384+4'6%46(+'*>+6';46(+7'9+()+()7+%6+"6%*=+'+()7+#'<B+n)"+68)"$>+"64+'+()7%*=+&'#$4+)*$9+%;+'+()7
#'<+%6+*)(+'@'%$'#$4B
384+()7%*=+&'#$4+68)"$>+#4+4$'6(%&+()+H<)(4&(+#)(8+@48%&$46B+F64+'+&'#$4+:'>4+);+69*(84(%&+<"##4<
)<+'+6%:%$'<+4$'6(%&+:'(4<%'$B

K2"5#6("5./(*(.2"(.%+90
D;+9)"<+@48%&$4+7%$$+#4+<'%64>+#9+)*4+'5$4+784*+()7%*=L+)*$9+(84+'5$4+$%6(4>+#4$)7+:'9+#4+<'%64>L
>4H4*>%*=+)*+(84+(<'*6:%66%)*+'*>+4*=%*4+&):#%*'(%)*T
R<)*(+7844$+><%@4T

a'*"'$+(<'*6:%66%)*
R<)*(+)<+<4'<+'5$4
."():'(%&+(<'*6:%66%)*
R<)*(+'5$4

.$$+7844$+><%@4+
.$$+7844$+><%@4+UZa)(%)*V
UZa)(%)*VTT

a'*"'$+(<'*6:%66%)*
R<)*(+'5$4
."():'(%&+(<'*6:%66%)*
R<)*(+'5$4

C.2/D/0
384+@48%&$4+8'*>$%*=+'*>+#<'J%*=+7%$$+&8'*=4+&)*6%>4<'#$9+784*+()7%*=+'+@48%&$4B

C.2/D/0
/4@4<+()7+'+@48%&$4+(8'(+8'6+*)+4$4&(<%&'$+H)74<B
● /4@4<+<4:)@4+(84+@48%&$4+J49+;<):+(84+%=*%(%)*+$)&J+)<+("<*+(84+%=*%(%)*+);;+7%(8+(84+6('<(4<
#"(()*+784*+()7%*=+'+@48%&$4B+384+:4&8'*%&'$+6(44<%*=+&)$":*+$)&J+)<+(84+4$4&(<)*%&+6(44<,
%*=+&)$":*+$)&J+&)"$>+4*='=4+6">>4*$9B+384+@48%&$4+&'**)(+#4+6(44<4>+%;+(8%6+8'HH4*6B+38%6
&'*+<46"$(+%*+&<'6846L+64<%)"6+%*A"<%46L+'*>+'+$)66+);+&)*(<)$+);+(84+@48%&$4B
● D;+(84+@48%&$4+$)646+H)74<+78%$4+%(+%6+#4%*=+()74>L+6()H+()7%*=+(84+@48%&$4+%::4>%'(4$9+'*>
644+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+I"'$%;%4>+<4H'%<+;'&%$%(9+;)<+'66%6('*&4B

/G3DE1
3)7%*=+7%(8+'+()7%*=+&'#$4+)<+()7+#'<+&'*+&'"64+>':'=4+()+(84+@48%&$4B
● 3)7+(84+@48%&$4+&'<4;"$$9+784*+"6%*=+'+()7%*=+&'#$4+)<+()7+#'<B
● D;+H)66%#$4L+*4@4<+()7+(84+%::)#%$%?4>+@48%&$4+7%(8+'+()7+(<"&JB

/G3DE1
C84*+H"68%*=+(84+@48%&$4+#9+8'*>L+(84+('%$$%=8(6L+6%>4+6H)%$4<+)*+(84+<4'<+7%*>)7L+'*>+$'<=4
64&(%)*6+);+6844(+:4('$+&)"$>+#4+>':'=4>L+'*>+(84+<4'<+6H)%$4<+&)"$>+>4('&8B
● C84*+H"68%*=+(84+@48%&$4+#9+8'*>L+>)+*)(+H<466+)*+(84+('%$$%=8(6L+6%>4+6H)%$4<+)*+(84+<4'<
7%*>)7L+$'<=4+64&(%)*6+);+6844(+:4('$L+)<+(84+<4'<+6H)%$4<B
/G3DE1
24:)@%*=+'*>+%*6('$$%*=+(84+()7%*=+494+'*>+(84+&)@4<+&'*+&'"64+@48%&$4+>':'=4L+6"&8+'6+H'%*(
>':'=4B
● 24:)@4+'*>+%*6('$$+(84+()7%*=+494+'*>+&)@4<+&'<4;"$$9+()+<4>"&4+(84+<%6J+);+@48%&$4+>':'=4B

G#'.%+9.52#'(32%(.2"5#6

.+@48%&$4+#4%*=+()74>+&'*+6(%$$+6%=*'$+'+("<*+"6%*=+(84+("<*+6%=*'$6+4@4*+%;+(84+4:4<=4*&9+;$'684<6
'<4+67%(&84>+)*B+3)+>)+(8%6+784*+(84+%=*%(%)*+%6+67%(&84>+)*L+'&(%@'(4+(84+("<*+6%=*'$+;)<+(84+>4,
6%<4>+>%<4&(%)*B+384+4:4<=4*&9+;$'684<6+7%$$+6()H+78%$4+(84+("<*+6%=*'$+%6+'&(%@4B+384+4:4<=4*&9
;$'684<6+7%$$+'&(%@'(4+'='%*+)*&4+(84+("<*+6%=*'$+$4@4<+<4("<*6+()+(84+*4"(<'$+H)6%(%)*B

-/$#(>*1(./5'(8$/59,$(#2.(4$(.2"$CT
384+@48%&$4+:"6(+*)(+#4+()74>+%*+(84+;)$$)7%*=+6%("'(%)*6T
— D;+(84+@48%&$4+(<'*6:%66%)*+%6+>':'=4>+)<+&)*('%*6+*)+$"#<%&'*(B
— D;+(84+NQ+X+@48%&$4+#'((4<9+%6+><'%*4>B+D*+@48%&$46+7%(8+S49$466+.&&466+7%(8+H"68,#"(()*+6('<(L
(84+6(44<%*=+<4:'%*6+$)&J4>+'*>+%;+(84+4$4&(<)*%&+H'<J%*=+#<'J4+7'6+67%(&84>+)*+H<4@%)"6$9L
(8%6+'*>+(84+6(44<%*=+&)$":*+$)&J+&'**)(+#4+<4$4'64>B
— D;+(84+()7%*=+>%6('*&4+%6+=<4'(4<+(8'*+\P+J:+UOP+:VB
— D;+(84+7844$+&$4'<'*&4+)<+(84+6(44<%*=+;"*&(%)*+&'*+*)+$)*=4<+#4+64&"<4>+';(4<+'*+'&&%>4*(B

D;+(84+@48%&$4+&'**)(+#4+()74>+)*+%(6+)7*+7844$6+>"4+()+)*4+);+(84+&)*>%(%)*6+$%6(4>L+&)*('&(
H<);466%)*'$+<)'>6%>4+'66%6('*&4+'*>+8'@4+(84+@48%&$4+(<'*6H)<(4>+#9+'+<46&"4+@48%&$4L+%;
*4&466'<9B

K2"5#6

O%$=*%*.52#'
— G*$9+64&"<4+(84+()7%*=+&'#$4+)<+()7+#'<+'(+(84+>46%=*'(4>+'(('&8:4*(+H)%*(6+UM+X48%&$4+()7,
%*=L+D*(<)>"&(%)*Y=4*4<'$+%*;)<:'(%)*V B
— a'J4+6"<4+(84+()7%*=+&'#$4+%6+*)(+(7%6(4>B+G(84<7%64+%(+&)"$>+>%6&)**4&(+;<):+(84+()7%*=+494
78%$4+()7%*=B
— W7%(&8+(84+%=*%(%)*+'*>+4:4<=4*&9+;$'684<6+)*+%*+#)(8+@48%&$46B+K)74@4<L+>)+*)(+>)+(8%6+%;+%(+%6
H<)8%#%(4>+#9+$'7B
— R)$$)7+(84+%*6(<"&(%)*6+;)<+()7%*=+=%@4*+%*+(84+G7*4<d6+a'*"'$+;)<+(84+)(84<+@48%&$4B

K2"5#6(8$/59,$(
K2"5#6(8$/59,$(H3%2#.I
H3%2#.I
— G*$9+6('<(+()+><%@4+784*+(84+()7%*=+&'#$4+%6+('"(B
— [4+46H4&%'$$9+&'<4;"$+784*+'&&4$4<'(%*=B
— .@)%>+6">>4*+#<'J%*=+)<+><%@%*=+:'*4"@4<6B

X48%&$46+7%(8+:'*"'$+(<'*6:%66%)*T
— 1*='=4+(84+&$"(&8+@4<9+&'<4;"$$9+784*+9)"+6('<(+()+><%@4B

7$/59,$(4$5#6(.2"$C(
7$/59,$(4$5#6(.2"$C(H%$*%I
H%$*%I
— a'J4+6"<4+(84+%=*%(%)*+%6+67%(&84>+)*+6)+(8'(+(84+6(44<%*=+7844$+%6+*)(+$)&J4>+'*>+6)+(8'(+9)"
&'*+"64+(84+("<*+6%=*'$6+'*>+(84+7%*>68%4$>+7%H4<6+%;+*44>4>B
— 384+#<'J4+#))6(4<+)*$9+)H4<'(46+784*+(84+%=*%(%)*+%6+67%(&84>+)*+'*>+H)74<+6(44<%*=+)*$9+)H,
4<'(46+784*+(84+4*=%*4+%6+<"**%*=B+D;+(84+#<'J%*=+6"HH)<(+'*>+H)74<+6(44<%*=+'<4+*)(+;"*&(%)*,
%*=L+9)"+:"6(+H<466+(84+#<'J4+H4>'$+:"&8+8'<>4<+'*>+"64+:)<4+;)<&4+()+6(44<B
— 24$4'64+(84+4$4&(<)*%&+H'<J%*=+#<'J4B
— a'J4+6"<4+(84+()7%*=+&'#$4+%6+'$7'96+('"(B
— W8%;(+%*()+*4"(<'$+)<+64$4&(+(84+g/h+64$4&()<+$4@4<+H)6%(%)*B

/G3DE1
384+@48%&$4+&'*+)*$9+#4+()74>+%;+(84+&8'<=4+$4@4$+);+(84+NQ+X+@48%&$4+#'((4<9+%6+6";;%&%4*(+'*>
(84+H'<J%*=+#<'J4+'*>+6(44<%*=+&)$":*+$)&J+&'*+#4+<4$4'64>B+D;+(84<4+%6+'+$)66+);+H)74<+)<+(84
4$4&(<%&'$+696(4:+%6+:'$;"*&(%)*%*=L+(84+4*=%*4+:'9+*44>+()+#4+A":H,6('<(4>+%*+)<>4<+()+<4$4'64
(84+H'<J%*=+#<'J4+'*>+(84+6(44<%*=+&)$":*+$)&JB

G#'.*,,5#6(./$(%$*%(.2"5#6($1$

R%=B+
R%=B+NN+ D*+(84+<%=8(+<4'<+#":H4<T+24:)@4+&)@4<B
R%=B+
R%=B+QQ+ D*+(84+<%=8(+<4'<+#":H4<T+W&<47+%*+()7%*=+494B

384+()7%*=+494+:"6(+'$7'96+#4+J4H(+%*+(84+@48%&$4B
D*+@48%&$46+7%(8+'+;'&()<9,4I"%HH4>+(<'%$4<+8%(&8 L+(84<4+%6+*)
*)+:)"*(+;)<+(84+(8<4'>4>+()7%*=+494
#48%*>+(84+&)@4<B+3)+()7L+67%@4$+(84+#'$$+8%(&8+)"(+)<+:)"*(+'*>+"64+%(+UM+3<'%$4<+()7%*=L+-46&<%H,
(%)*V B
24'>+'*>+;)$$)7+(84+%*;)<:'(%)*+'#)"(+()7%*=+UM+X48%&$4+()7%*=L+b%:%(6Y696(4:+$%:%(6V B

G#'.*,,5#6(./$(%$*%(.2"5#6($1$
— 24:)@4+(84+()7%*=+494+;<):+(84+@48%&$4+())$+J%(+%*+(84+$"=='=4+&):H'<(:4*(+UM+X48%&$4+())$
J%(L+24I"%<4:4*(6V B
— !<466+)*+(84+"HH4<+H'<(+);+(84+&)@4<+%*+(84+>%<4&(%)*+);+(84+'<<)7+()+<4$4'64+(84+&'(&8+)*+(84
&)@4<+M+;%=B+N B
— 24:)@4+(84+&)@4<+'*>+$4(+%(+8'*=+;<):+(84+@48%&$4B
— 2)('(4+(84+()7%*=+494+&)"*(4<&$)&J7%64
&)"*(4<&$)&J7%64+'*>+(%=8(4*+'6+;'<+'6+%(+7%$$+=)+()+%*6('$$+%(+%*+(84
)H4*%*=+M+;%=B+Q +L+M+D*6('$$%*=+(84+<4'<+()7%*=+494 B+F64+'+6"%('#$4+)#A4&(+()+(%=8(4*+(84+()7,
%*=+494+&):H$4(4$9+'*>+64&"<4$9+%*+(84+:)"*(B
— .;(4<+(84+@48%&$4+%6+()74>L+"*6&<47+(84+()7%*=+494+&$)&J7%64
&$)&J7%64B
— D*64<(+(84+&'H+%*()+(84+<46H4&(%@4+)H4*%*=+'*>+H<466+%*+"*(%$+%(+4*='=46B
— D;+*4&466'<9L+&$4'*+(84+()7%*=+494+'*>+<4("<*+%(+()+(84+@48%&$4+())$+J%(+%*+(84+$"=='=4
&):H'<(:4*(B
/G3DE1
● 384+()7%*=+494+:"6(+'$7'96+#4+%*6('$$4>+&):H$4(4$9+'*>+64&"<4$9+%*+(84+:)"*(B+G(84<7%64L
(84+()7%*=+494+&)"$>+H"$$+)"(+);+(84+:)"*(+784*+()7%*=+(84+@48%&$4B
● X48%&$46+7%(8+'+;'&()<9,%*6('$$4>+(<'%$4<+8%(&8+:'9+)*$9
)*$9+#4+()74>+7%(8+'+()7%*=+#'<+(8'(+%6
>46%=*4>+6H4&%'$$9+;)<+:)"*(%*=+)*+'+#'$$+8%(&8B+F6%*=+'*+"*6"%('#$4+()7%*=+#'<+&)"$>+>':,
'=4+(84+#'$$+8%(&8+'*>+(84+@48%&$4B+D;+(84+&)<<4&(+()7%*=+#'<+%6+*)(+'@'%$'#$4L+"64+'+()7%*=+&',
#$4+%*6(4'>B

G#'.*,,5#6(./$(3%2#.(.2"5#6($1$

R%=B+
R%=B+NN+ D*+(84+<%=8(+;<)*(+#":H4<T+24:)@4+&)@4<B
R%=B+
R%=B+QQ+ D*+(84+<%=8(+;<)*(+#":H4<T+W&<47+%*+()7%*=+494B

384+()7%*=+494+:"6(+'$7'96+#4+J4H(+%*+(84+@48%&$4B
24'>+'*>+;)$$)7+(84+%*;)<:'(%)*+'#)"(+()7%*=+UM+X48%&$4+()7%*=L+b%:%(6Y696(4:+$%:%(6V B

G#'.*,,5#6(./$(3%2#.(.2"5#6($1$
— 24:)@4+(84+()7%*=+494+;<):+(84+@48%&$4+())$+J%(+%*+(84+(<"*J+UM+X48%&$4+())$+J%(L
24I"%<4:4*(6V B
— !<466+)*+(84+6%>4+);+(84+&)@4<+U'<<)7V+()+<4$4'64+(84+$)&J+)*+(84+&)@4<+M+;%=B+N B
— 24:)@4+(84+&)@4<+()7'<>+(84+;<)*(+'*>+$4(+%(+8'*=+;<):+(84+@48%&$4B
&)"*(4<&$)&J7%64+'6+;'<+'6+H)66%#$4+()+%*6('$$+%(+%*+(84+:)"*(+M+;%=B+Q
— 2)('(4+(84+()7%*=+494+&)"*(4<&$)&J7%64
L+M+ B+F64+'+6"%('#$4+)#A4&(+()+(%=8(4*+(84+()7%*=+494+&):H$4(4$9+'*>+64&"<4$9+%*+(84+:)"*(B
— .;(4<+(84+@48%&$4+%6+()74>L+"*6&<47+(84+()7%*=+494+&$)&J7%64
&$)&J7%64B
— D*64<(+(84+&'H+%*()+(84+<46H4&(%@4+)H4*%*=+'*>+H<466+%*+"*(%$+%(+4*='=46B
— D;+*4&466'<9L+&$4'*+(84+()7%*=+494+'*>+<4("<*+%(+()+(84+@48%&$4+())$+J%(+%*+(84+(<"*JB

/G3DE1
384+()7%*=+494+:"6(+'$7'96+#4+%*6('$$4>+&):H$4(4$9+'*>+64&"<4$9+%*+(84+:)"*(B+G(84<7%64L+(84
()7%*=+494+&)"$>+H"$$+)"(+);+(84+:)"*(+784*+()7%*=+(84+@48%&$4B

E/$905#6(*#C(35,,5#6

G#(./$($#65#$]>2.2%(92>=*%.>$#.
F*3$.1(=%$9*+.52#'(32%("2%05#6(5#(./$($#65#$]>2.2%(92>M
=*%.>$#.

384+4*=%*4Y:)()<+&):H'<(:4*(+%6+'+H)(4*(%'$$9+>'*=4<)"6+'<4'+%*+(84+@48%&$4B+G*$9+H4<;)<:+7)<J
%*+(84+4*=%*4Y:)()<+&):H'<(:4*(+%;+9)"+'<4+;':%$%'<+7%(8+(84+*4&466'<9+H<)&4>"<46+'*>+(84+=4*,
4<'$+6';4(9+H<4&'"(%)*6L+'*>+%;+(84+&)<<4&(+4I"%H:4*(L+;$"%>6L+'*>+6"%('#$4+())$6+'<4+'@'%$'#$4B
C)<J+H4<;)<:4>+%*&)<<4&($9+&'*+<46"$(+%*+64<%)"6+%*A"<%46+M+W';4(9+H<4&'"(%)*6+;)<+7)<J%*=+%*+(84
4*=%*4Y:)()<+&):H'<(:4*( B+K'@4+'$$+7)<J+H4<;)<:4>+#9+I"'$%;%4>+H<);466%)*'$6B+X)$J67'=4*
<4&)::4*>6+&)*('&(%*=+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4
R'&%$%(9B
.$7'96+:'J4+6"<4+(84+@48%&$4+%6+H'<J4>+)*+'+6)$%>+'*>+$4@4$+6"<;'&4+#4;)<4+H4<;)<:%*=+'*9+7)<J
%*+(84+4*=%*4Y:)()<+&):H'<(:4*(B

C.2/D/0
F*%*(4*(%)*'$+@48%&$4+:)@4:4*(+78%$4+7)<J%*=+)*+(84+@48%&$4+&'*+&'"64+64<%)"6+%*A"<%46B
● /4@4<+7)<J+"*>4<*4'(8+(84+@48%&$4+784*+%(+%6+*)(+64&"<4>+()+H<4@4*(+%(+;<):+<)$$%*=B+D;+7)<J,
%*=+"*>4<*4'(8+(84+@48%&$4+78%$4+(84+7844$6+'<4+%*+&)*('&(+7%(8+(84+=<)"*>L+(84+@48%&$4
:"6(+#4+H'<J4>+)*+'+$4@4$+6"<;'&4L+(84+7844$6+:"6(+#4+#$)&J4>L+'*>+(84+@48%&$4+J49+:"6(+#4
<4:)@4>+;<):+(84+%=*%(%)*+$)&J+%;+*4&466'<9B
● D;+9)"+:"6(+7)<J+"*>4<*4'(8+(84+@48%&$4L+(84+@48%&$4+:"6(+'$6)+#4+6"HH)<(4>+64&"<4$9+7%(8
6"%('#$4+6('*>6B+384+@48%&$4+A'&J+%6+*)(+6";;%&%4*(+;)<+(8%6+#4&'"64+%(+&)"$>+&)$$'H64L+<46"$(%*=
%*+64<%)"6+%*A"<%46B
● 384+6('<(,6()H+696(4:+:"6(+#4+:'*"'$$9+>4'&(%@'(4>B
C.2/D/0
384+4*=%*4Y:)()<+&):H'<(:4*(+%*+'*9+:)()<+@48%&$4+%6+'+H)(4*(%'$$9+>'*=4<)"6+'<4'+(8'(+&'*
&'"64+64<%)"6+H4<6)*'$+%*A"<9B
● .$7'96+#4+'6+&'"(%)"6+'*>+&'<4;"$+'6+H)66%#$4+'*>+;)$$)7+(84+=4*4<'$+6';4(9+H<4&'"(%)*6
784*+7)<J%*=+)*+(84+@48%&$4B+/4@4<+H"(+9)"<64$;+'(+<%6JB
● /4@4<+H4<;)<:+7)<J+%*+(84+4*=%*4Y:)()<+&):H'<(:4*(+%;+9)"+'<4+*)(+;':%$%'<+7%(8+(84+<4,
I"%<4>+H<)&4>"<46B+D;+9)"+'<4+*)(+6"<4+78'(+()+>)L+8'@4+(84+7)<J+H4<;)<:4>+#9+'*+'"(8)<%?4>
X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B+W4<%)"6+%*A"<%46+&'*+<46"$(+%;
7)<J+%6+*)(+H4<;)<:4>+&)<<4&($9B
● /4@4<+)H4*+)<+&$)64+(84+8))>+%;+6(4':+)<+4*=%*4+&))$'*(+%6+46&'H%*=B+W(4':+)<+8)(+4*=%*4
&))$'*(+&'*+&'"64+64<%)"6+#"<*6B+.$7'96+7'%(+"*(%$+9)"+&'*+*)+$)*=4<+644+)<+84'<+6(4':+)<
4*=%*4+&))$'*(+46&'H%*=+;<):+(84+4*=%*4Y:)()<+&):H'<(:4*(B
● .$7'96+'$$)7+(84+4*=%*4+()+&))$+>)7*+#4;)<4+)H4*%*=+(84+8))>B
● K)(+4*=%*4+)<+458'"6(+696(4:+&):H)*4*(6+&'*+&'"64+#"<*6+%;+()"&84>B
● G*&4+(84+4*=%*4+8'6+&))$4>L+*)(4+(84+;)$$)7%*=+#4;)<4+)H4*%*=+(84+8))>T
● W7%(&8+)*+(84+4$4&(<)*%&+H'<J%*=+#<'J4+'*>+H$'&4+(84+64$4&()<+$4@4<+%*+(84+!!+H)6%(%)*+)<
(84+68%;(+$4@4<+%*+(84+*4"(<'$+H)6%(%)*B
● W7%(&8+(84+%=*%(%)*+);;L+<4:)@4+(84+@48%&$4+J49+;<):+(84+%=*%(%)*L+'*>+J44H+%(+6()<4>+6';4$9
;'<+4*)"=8+;<):+(84+@48%&$4+U46H4&%'$$9+%*+@48%&$46+7%(8+S49$466+.&&466V+6)+(84+%=*%(%)*
&'**)(+#4+%*'>@4<(4*($9+67%(&84>+)*+'*>+(84+4*=%*4Y:)()<+6('<(4>B
● .$7'96+J44H+&8%$><4*+'7'9+;<):+(84+4*=%*4Y:)()<+&):H'<(:4*(+'*>+*4@4<+$4'@4+(84:
"*'((4*>4>B
● 384+4*=%*4+&))$%*=+696(4:+%6+"*>4<+H<466"<4+784*+(84+4*=%*4+%6+8)(B+/4@4<+)H4*+(84+&'H+)*
(84+&))$'*(+45H'*6%)*+('*J+784*+(84+4*=%*4+%6+8)(B+1*=%*4+&))$'*(+&)"$>+6H<'9+)"(+'*>
&'"64+64<%)"6+#"<*6+)<+)(84<+%*A"<%46B
● W$)7$9+'*>+@4<9+&'<4;"$$9+("<*+(84+&'H+)*+(84+4*=%*4+&))$'*(+45H'*6%)*+('*J+&)"*(4<,
&$)&J7%64+78%$4+H<466%*=+>)7*+$%=8($9+)*+(84+&'HB
● .$7'96+H<)(4&(+9)"<+;'&4L+8'*>6L+'*>+'<:6+;<):+8)(+4*=%*4+&))$'*(+)<+6(4':+7%(8+'+$'<=4L
(8%&J+&$)(8B
● -)+*)(+6H%$$+'*9+;$"%>6+)*+4*=%*4+&):H)*4*(6+)<+(84+458'"6(+696(4:+784*+'>>%*=+;$"%>6B
WH%$$4>+;$"%>6+&)"$>+&'"64+'+;%<4B

C.2/D/0
384+8%=8+@)$('=4+%*+(84+4$4&(<%&'$+696(4:+&'*+&'"64+4$4&(<%&+68)&J6L+#"<*6L+64<%)"6+%*A"<%46L+'*>
>4'(8B
● /4@4<+68)<(,&%<&"%(+(84+4$4&(<%&'$+696(4:B+384+NQ+X+@48%&$4+#'((4<9+&)"$>+45H$)>4B
● 3)+<4>"&4+(84+<%6J+);+'*+4$4&(<%&+68)&J+'*>+64<%)"6+%*A"<%46L+*4@4<+()"&8+(84+4$4&(<%&'$+7%<46+)<
(84+%=*%(%)*+696(4:+78%$4+(84+4*=%*4+%6+<"**%*=+)<+#4%*=+6('<(4>B
● /4@4<+()"&8+(84+4$4&(<%&'$+7%<46+'*>+&)**4&(%)*6+%*+(84+KD-+84'>$%=8(6B
C.2/D/0
384+4*=%*4Y:)()<+&):H'<(:4*(+&)*('%*6+:)@%*=+&):H)*4*(6+(8'(+&'*+&'"64+64<%)"6+%*A"<%46B
● /4@4<+<4'&8+%*()+(84+<'>%'()<+;'*+)<+%*()+(84+'<4'+*4'<+(84+<'>%'()<+;'*B+3)"&8%*=+(84+;'*
#$'>46+&)"$>+&'"64+64<%)"6+%*A"<%46B+384+;'*+%6+&)*(<)$$4>+#9+(4:H4<'("<4+'*>+&'*+67%(&8+)*
#9+%(64$;L+4@4*+784*+(84+%=*%(%)*+%6+67%(&84>+);;+'*>+(84+J49+%6+<4:)@4>+;<):+(84+%=*%(%)*B
● D;+7)<J+:"6(+#4+H4<;)<:4>+78%$4+6('<(%*=+(84+@48%&$4+)<+784*+(84+4*=%*4+%6+<"**%*=L+:)@%*=
&):H)*4*(6+6"&8+'6+(84+<%##4>+#4$(L+'$(4<'()<L+'*>+<'>%'()<+;'*L+)<+(84+8%=8,@)$('=4+696(4:
&)"$>+&'"64+H)(4*(%'$$9+;'('$+%*A"<%46B+.$7'96+#4+45(<4:4$9+&'<4;"$B
● .$7'96+:'J4+6"<4+(8'(+*)+H'<(6+);+(84+#)>9L+A474$<9L+(%46L+$))64+&$)(8%*=L+'*>+$)*=+8'%<
&'*+#4+&'"=8(+%*+:)@%*=+4*=%*4+&):H)*4*(6B+3)+<4>"&4+(84+<%6J+);+'*9(8%*=+#4&):%*=
&'"=8(+%*+4*=%*4Y:)()<+&):H)*4*(6L+'$7'96+<4:)@4+'*9+A474$<9+'*>Y)<+(%46L+(%4+#'&J
$)*=+8'%<L+'*>+'@)%>+74'<%*=+$))64,;%((%*=+&$)(8%*=+784*+H4<;)<:%*=+7)<JB
● .$7'96+#4+45(<4:4$9+&'<4;"$+'*>+*4@4<+H<466+(84+'&&4$4<'()<+H4>'$+%*'>@4<(4*($9B+384+@4,
8%&$4+&)"$>+#4=%*+:)@%*=L+4@4*+%;+(84+4$4&(<)*%&+H'<J%*=+#<'J4+%6+64(B
● -)+*)(+$4'@4+'*9+%(4:6L+6"&8+'6+&$4'*%*=+&$)(86+)<+())$6L+%*+(84+4*=%*4Y:)()<+&):H'<(:4*(B
G#A4&(6+$4;(+#48%*>+&'*+&'"64+:'$;"*&(%)*6L+4*=%*4+>':'=4L+'*>+;%<46B

C.2/D/0
.>>%(%)*'$+%*6"$'(%)*L+6"&8+'6+&)@4<6+%*+(84+4*=%*4Y:)()<+&):H'<(:4*(L+&'*+&'"64+4*=%*4+:'$,
;"*&(%)*6+)<+;%<46+'*>+<46"$(+%*+64<%)"6+%*A"<%46B
● /4@4<+&)@4<+(84+4*=%*4+7%(8+&)@4<6+)<+)(84<+%*6"$'(%*=+:'(4<%'$6B

C.2/D/0
R$"%>6+'*>+6):4+:'(4<%'$6+%*+(84+4*=%*4Y:)()<+&):H'<(:4*(+'<4+@4<9+;$'::'#$4+'*>+&'*+&'"64
;%<46+'*>+64<%)"6+%*A"<%46B
● /4@4<+6:)J4+*4'<+(84+4*=%*4Y:)()<+&):H'<(:4*(B
● /4@4<+7)<J+*4'<+)H4*+;$':46+)<+6H'<J6B
● /4@4<+H)"<+)<+6H%$$+;$"%>6+)*+(84+4*=%*4B+R$"%>6+&)"$>+%=*%(4+)*+8)(+4$4&(<%&'$+:)()<+&):H),
*4*(6+'*>+&'"64+%*A"<%46B
● D;+7)<J+:"6(+#4+H4<;)<:4>+)*+(84+;"4$+696(4:+)<+4$4&(<%&'$+696(4:L+*)(4+(84+;)$$)7%*=T
● .$7'96+>%6&)**4&(+(84+NQ+X+@48%&$4+#'((4<9B+a'J4+6"<4+(8'(+(84+@48%&$4+%6+"*$)&J4>+784*
(84+NQ+X+@48%&$4+#'((4<9+%6+>%6&)**4&(4>B+G(84<7%64L+(84+'*(%,(84;(+'$'<:+7%$$+#4
'&(%@'(4>B
● /4@4<+H4<;)<:+7)<J+*4'<+6)"<&46+);+84'(L+#)%$4<6L+)<+)(84<+)H4*+;$':46B
● .$7'96+8'@4+'+;"$$9,;"*&(%)*%*=L+%*6H4&(4>+;%<4+45(%*="%684<+*4'<#9B

/G3DE1
C84*+;%$$%*=+)<+&8'*=%*=+;$"%>6L+:'J4+6"<4+(84+&)<<4&(+;$"%>6+'<4+'>>4>+()+(84+&)<<4&(+<464<@)%<6B
F6%*=+%*&)<<4&(+;$"%>6+&'*+<46"$(+%*+:'$;"*&(%)*6+'*>+4*=%*4+>':'=4B

R$"%>6+$4'J%*=+;<):+(84+@48%&$4+&'*+&'"64+4*@%<)*:4*('$+>':'=4B+.$7'96+&84&J+(84+=<)"*>
"*>4<+(84+@48%&$4+;)<+$4'J%*=+;$"%>6B+D;+9)"+644+6H)(6+);+;$"%>+)*+(84+=<)"*>+"*>4<+(84+@48%&$4L
8'@4+(84+@48%&$4+%*6H4&(4>+#9+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*
W4<@%&4+R'&%$%(9B+-%6H)64+);+$4'J%*=+;$"%>6+&)<<4&($9B

O%$=*%5#6(./$(8$/59,$(32%("2%0(5#(./$($#65#$(92>=*%.>$#.
E84&J$%6(

.$7'96+H4<;)<:+(84+;)$$)7%*=+H<4H'<'(%)*6+%*+(84+6H4&%;%4>+64I"4*&4+#4;)<4+'$$+7)<J+%*+(84+4*,
=%*4+&):H'<(:4*(+M+!<4H'<%*=+(84+@48%&$4+;)<+7)<J+%*+(84+4*=%*4+&):H'<(:4*( T
✓ !'<J+(84+@48%&$4+6';4$9+)*+$4@4$+'*>+6('#$4+=<)"*>B
✓ !<466+'*>+8)$>+(84+#<'J4+H4>'$+"*(%$+9)"+8'@4+4*>4>+><%@4,<4'>9+:)>4B
✓ W4(+(84+4$4&(<)*%&+H'<J%*=+#<'J4+UM+1$4&(<)*%&+H'<J%*=+#<'J4L+-46&<%H(%)*V B
✓ a)@4+(84+64$4&()<+$4@4<+%*()+(84+!!+H)6%(%)*+UM+."():'(%&+(<'*6:%66%)*+U&):#%*'(%)*VL+GH4<',
(%)*V B
✓ 1*>+><%@4,<4'>9+:)>4B
✓ 24:)@4+(84+@48%&$4+J49+;<):+(84+@48%&$4+'*>+6()<4+%(+)"(6%>4+);+(84+@48%&$4+6)+(8'(+(84+@48%&$4
>)46+*)(+6('<(+'&&%>4*('$$9+UM+W()HH%*=+(84+4*=%*4L+GH4<'(%)*V B
✓ b4(+(84+4*=%*4+&))$+>)7*+6";;%&%4*($9B
✓ .$7'96+J44H+)(84<+H4)H$4+'7'9+;<):+(84+4*=%*4+&):H'<(:4*(B
✓ W4&"<4+(84+@48%&$4+'='%*6(+<)$$%*=+'7'9

C.2/D/0
R'%$%*=+()+844>+(8%6+&84&J$%6(+(8'(+%6+H<)@%>4>+;)<+9)"<+)7*+6';4(9+&'*+&'"64+64<%)"6+%*A"<%46B
● .$7'96+;)$$)7+(84+6(4H6+%*+(84+&84&J$%6(+'*>+(84+=4*4<'$+6';4(9+H<4&'"(%)*6B

!=$#5#6(*#C(9,2'5#6(./$(/22C
R%=B+
R%=B+NN+ +D*+(84+><%@4<d6+6%>4+;))(74$$T+24$4'64+$4@4<+;)<+(84+8))>+U=4*4<'$+45':H$4VB

R%=B+
R%=B+QQ+ +.#)@4+(84+<'>%'()<+=<%$$4T+GH4*%*=+$4@4<+;)<+(84+8))>B
R%=B+
R%=B+OO+ D*+(84+4*=%*4+&):H'<(:4*(T+K))>+6"HH)<(+%*+(84+#<'&J4(B

R%=B+
R%=B+ZZ+ +G*+(84+4*=%*4+8))>T+K))>+6"HH)<(+#<'&J4(B
!=$#5#6(./$(/22C
— GH4*+(84+><%@4<d6+>))<+'*>+H"$$+(84+<4$4'64+$4@4<+%*+(84+>%<4&(%)*+);+(84+'<<)7+M+;%=B+N B+384
8))>+7%$$+H)H+)H4*+>"4+()+6H<%*=+;)<&4+;<):+(84+&'(&8+%*+(84+$)&J+&'<<%4<+M+GH4*%*=+'*>+&$)6,
%*=+(84+8))> B
— b%;(+(84+4*=%*4+8))>+6$%=8($9+78%$4+'(+(84+6':4+(%:4+H"68%*=+(84+)H4*%*=+$4@4<+%*+(84+>%<4&(%)*
);+(84+'<<)7++M+;%=B+Q +()+)H4*+(84+4*=%*4+8))>+;"$$9B
— b%;(+(84+8))>+6"HH)<(+)"(+);+(84+#<'&J4(+M+;%=B+O +%*+(84+>%<4&(%)*+);+(84+'<<)7+'*>+8))J+%(+%*()
(84+)H4*%*=+M+;%=B+Z B

E,2'5#6(./$(/22C
— b%;(+(84+8))>+6$%=8($9+M+GH4*%*=+'*>+&$)6%*=+(84+8))> B
— F*8))J+(84+8))>+6"HH)<(+;<):+(84+)H4*%*=+M+;%=B+O +'*>+&$%H+%(+#'&J+%*()+(84+#<'&J4(+M+;%=B+Q B
— b4(+(84+8))>+;'$$+%*()+(84+$)&J+&'<<%4<+&'(&8+;<):+'+84%=8(+);+'HH<)5%:'(4$9+_+%*&846+UQP+&:Vm
>)+*)( +H<466+%(+>)7*B

D;+(84+8))>+>)46+*)(+&$)64+&)<<4&($9L+$%;(+(84+8))>+"H+'*>+(<9+()+&$)64+%(+'='%*B
C84*+(84+8))>+%6+&$)64>+&)<<4&($9L+%(+7%$$+#4+;$"68+7%(8+(84+6"<<)"*>%*=+64&(%)*6+);+(84+@48%&$4
#)>9B
384+8))>+7%$$+*)+$)*=4<+#4+8%=8$%=8(4>+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9+UM+D*+(84+4*=%*4+&):,
H'<(:4*(L+R"*&(%)*V +'*>+(84+%*>%&'()<+$%=8(+7%$$+("<*+);;B

C.2/D/0
D;+(84+8))>+%6+*)(+&$)64>+&)<<4&($9L+%(+&)"$>+)H4*+6">>4*$9+78%$4+><%@%*=+'*>+#$)&J+(84+@%47
(8<)"=8+(84+7%*>68%4$>B+38%6+&'*+&'"64+'&&%>4*(6+'*>+64<%)"6+%*A"<%46B
● .;(4<+&$)6%*=+(84+8))>L+:'J4+6"<4+(84+&'(&8+%6+4*='=4>+&)<<4&($9+%*+(84+$)&J+&'<<%4<B
● D;+9)"+<4'$%?4+78%$4+><%@%*=+(8'(+(84+8))>+%6+*)(+&$)64>+&)<<4&($9L+6()H+%::4>%'(4$9+'*>+&$)64
(84+8))>B
● -)+*)(+)H4*+)<+&$)64+(84+8))>+%;+'*9+H4<6)*6+'<4+%*+(84+&$)6%*=+<'*=4+);+(84+8))>B

/G3DE1
● 3)+<4>"&4+(84+<%6J+);+>':'=%*=+(84+8))>+'*>+(84+7%*>68%4$>+7%H4<+'<:6L+)*$9+)H4*+(84+8))>
784*+7%H4<+:)>4+%6+67%(&84>+);;+'*>+(84+7%H4<+'<:6+'<4+%*+(84+#'64+H)6%(%)*B

A5'=,*1
R%=B+
R%=B+NN+ D*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9T+(84+8))>+%6+)H4*+)<+*)(+&$)64>+&)<<4&($9+U=4*4<'$+45':,
H$4VB

.*+%:'=4+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9+%*>%&'(46+%;+(84+8))>+%6+)H4*+)<+8'6+*)(+&$)64>+&)<<4&(,
$9+M+;%=B+N B
+-)+*)(+&)*(%*"4+><%@%*=i
-)+*)(+&)*(%*"4+><%@%*=i+D;+*4&466'<9L+$%;(+(84+8))>+'*>+&$)64+%(+'='%*B
384+%:'=4+%6+'$6)+>%6H$'94>+784*+(84+%=*%(%)*+%6+67%(&84>+);;L+'*>+%(+("<*6+);;+64@4<'$+64&)*>6+';,
(4<+(84+>))<6+'<4+&$)64>+'*>+(84+@48%&$4+%6+$)&J4>B

C.2/D/0
-%6<4='<>%*=+7'<*%*=+*)(%;%&'(%)*6+&)"$>+$4'>+()+#<4'J>)7*6+78%$4+><%@%*=L+'&&%>4*(6L+'*>+64<%,
)"6+%*A"<%46B
● /4@4<+%=*)<4+7'<*%*=+*)(%;%&'(%)*6B
● W()H+(84+@48%&$4+'6+6))*+'6+%(+%6+6';4+()+>)+6)B

384+%:'=4+:'9+@'<9+>4H4*>%*=+)*+(84+@4<6%)*+);+(84+%*6(<":4*(+&$"6(4<B

!=$%*.5#6(3,+5C'(*#C($[+5=>$#.

.$$+)H4<'(%*=+;$"%>6+'*>+:'(4<%'$6
.$$+)H4<'(%*=+;$"%>6+'*>+:'(4<%'$6L+6"&8+'6+4*=%*4+&))$'*(L+'*>+@48%&$4+#'((4<%46L+'<4+&)*(%*")"6,
$9+#4%*=+>4@4$)H4>B+R)<+%*(4<*'$+&):#"6(%)*+4*=%*46L+'$6)+4*=%*4+)%$6B+384<4;)<4L+8'@4+)H4<'(%*=+;$",
%>6+'*>+4I"%H:4*(+<4H$'&4>+#9+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4
R'&%$%(9B+.*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+&'*+H<)@%>4+"H,
(),>'(4+%*;)<:'(%)*+'#)"(+&8'*=46B

C.2/D/0
F*6"%('#$4+)H4<'(%*=+;$"%>6+'*>+4I"%H:4*(+%*&)<<4&(+"64+);+(84:+&'*+&'"64+'&&%>4*(6L+64<%)"6+%*,
A"<%46L+#"<*6L+'*>+H)%6)*%*=B
● G*$9+6()<4+)H4<'(%*=+;$"%>6+64'$4>+%*+(84+)<%=%*'$+&)*('%*4<B
● /4@4<+"64+4:H(9+;))>+&'*6L+#)(($46L+)<+)(84<+&)*('%*4<6+()+6()<4+)H4<'(%*=+;$"%>6L+#4&'"64
6):4)*4+&)"$>+><%*J+(84+)H4<'(%*=+;$"%>6+#9+:%6('J4B
● S44H+&8%$><4*+'7'9+;<):+'$$+)H4<'(%*=+;$"%>6+'*>+4I"%H:4*(B
● .$7'96+<4'>+'*>+;)$$)7+(84+%*;)<:'(%)*+'*>+7'<*%*=6+)*+(84+H'&J'=%*=+;)<+(84+)H4<'(%*=+;$"%>6B
● C84*+"6%*=+H<)>"&(6+(8'(+4:%(+8'<:;"$+@'H)<6L+'$7'96+7)<J+)"(>))<6+)<+%*+'+74$$,@4*(%$'(4>
'<4'B

/G3DE1
● G*$9+'>>+6"%('#$4+)H4<'(%*=+;$"%>6B+/4@4<+%*(4<&8'*=4+)H4<'(%*=+;$"%>6B+G(84<7%64L+64@4<4+:'$,
;"*&(%)*6+'*>+4*=%*4+>':'=4+&)"$>+)&&"<B

b4'J%*=+)H4<'(%*=+;$"%>6+&'*+H)$$"(4+(84+4*@%<)*:4*(B+E)$$4&(+'*9+$4'J%*=+)H4<'(%*=+;$"%>6+%*
6"%('#$4+&)*('%*4<6+'*>+>%6H)64+);+(84:+&)<<4&($9+'&&)<>%*=+()+4*@%<)*:4*('$+<4="$'(%)*6B

-*'/$%(3,+5C
R%=B+
R%=B+NN+ D*+(84+4*=%*4+&):H'<(:4*(T+&'H+)*+(84+7'684<+;$"%>+<464<@)%<B

E84&J+(84+7'684<+;$"%>+$4@4$+<4="$'<$9+'*>+;%$$+%;+*4&466'<9B
384<4+%6+'+6&<44*+%*+(84+;%$$4<+("#4+%*+(84+7%*>68%4$>+7'684<+;$"%>+<464<@)%<B+384+6&<44*+J44H6+$'<=4
H'<(%&$46+);+&)*(':%*'*(6+;<):+4*(4<%*=+(84+7'684<+*)??$46+784*+9)"+<4;%$$+(84+7'684<+;$"%>B+3'J4
(84+6&<44*+)"(+)*$9+()+&$4'*+%(B+D;+(84+6&<44*+%6+>':'=4>+)<+:%66%*=L+>%<(+H'<(%&$46+&)"$>+4*(4<+(84+696,
(4:+784*+'>>%*=+;$"%>L+78%&8+&)"$>+#$)&J+(84+7%*>68%4$>+7'684<+*)??$46B
— GH4*+(84+8))>+ +UM+D*+(84+4*=%*4+&):H'<(:4*(L+GH4<'(%)*V B
— 384+7'684<+;$"%>+<464<@)%<+%6+%>4*(%;%4>+7%(8+(84+ +69:#)$+)*+(84+&'H+M+;%=B+N B
— E84&J+%;+(84<4+%6+4*)"=8+7'684<+;$"%>+%*+(84+<464<@)%<B
— 3)+'>>+;$"%>L+:%5+&$4'*+7'(4<+U*)(+>%6(%$$4>+7'(4<V+7%(8+'+6"%('#$4+7%*>)7+&$4'*4<+M+ B+R)$$)7+(84
:%5%*=+%*6(<"&(%)*6+)*+(84+H'&J'=%*=B
— C84*+(84+)"(6%>4+(4:H4<'("<46+'<4+&)$>L+'*+'*(%,;<44?4+'=4*(+68)"$>+#4+'>>4>+()+(84+7'(4<+6)
(8'(+%(+>)46+*)(+;<44?4+M+ B

-4H4*>%*=+)*+@48%&$4+4I"%H:4*(L+(84+7'684<+;$"%>+<464<@)%<+&'H'&%(9+%6+'HH<)5%:'(4$9+OBP+()+^B\
$%(4<6+UOBN+()+^B`+I"'<(6VB

C.2/D/0
/4@4<+:%5+&))$'*(+'>>%(%@4+'<4+6%:%$'<+"*6"%('#$4+'>>%(%@46+%*()+(84+7'684<+;$"%>B+G(84<7%64L+'*+)%$9
;%$:+&'*+#"%$>+"H+)*+(84+7%*>68%4$>L+78%&8+7)"$>+%:H'%<+@%6%#%$%(9+&)*6%>4<'#$9B
/G3DE1
● /4@4<+:%5+6"%('#$4+&$4'*%*=+'=4*(6+7%(8+)(84<+&$4'*%*=+'=4*(6B+G(84<7%64L+(84+&):H)*4*(6
&)"$>+&)'="$'(4+'*>+&<4'(4+'+#$)&J'=4+%*+(84+7'684<+*)??$46B

;#65#$(25,

G#.%2C+9.52#

384+4*=%*4+)%$6+'<4+>4(4<:%*4>+#'64>+)*+(84+<4I"%<4:4*(6+);+(84+4*=%*46L+4:%66%)*6+&)*(<)$+696,
(4:6L+'*>+(84+;"4$+I"'$%(9B+G*+'$$+&):#"6(%)*+4*=%*46L+(84+4*=%*4+)%$+&):46+%*()+&)*('&(+7%(8
&):#"6(%)*+<46%>"4+'*>+;"4$L+78%&8+';;4&(6+(84+'=%*=+);+(84+4*=%*4+)%$B+F6%*=+(84+&)<<4&(+4*=%*4
)%$+%6+4664*(%'$+;)<+(84+;"*&(%)*+'*>+64<@%&4+$%;4+);+(84+4*=%*4B+384+@48%&$4+%6+;%$$4>+'(+(84+;'&()<9
7%(8+'+6H4&%'$+:"$(%,H"<H)64L+$)7,@%6&)6%(9+)%$+(8'(+&'*+=4*4<'$$9+#4+"64>+94'<,<)"*>B
X)$J67'=4*+<4&)::4*>6+8'@%*=+4*=%*4+)%$+&8'*=46+H4<;)<:4>+#9+'*+'"(8)<%?4>+X)$J67'=4*
>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B
D*;)<:'(%)*+'#)"(+7'<*%*=+'*>+%*>%&'()<+$%=8(6+&'*+#4+;)"*>+%*+(84+6)$"(%)*6+64&(%)*+'(+(84+4*>
);+(84+&8'H(4<+UM+1*=%*4+)%$L+R.eV B

C.2/D/0
K'*>$%*=+4*=%*4+)%$+%*&)<<4&($9+&'*+&'"64+64@4<4+#"<*6+'*>+)(84<+%*A"<%46B
● .$7'96+74'<+H<)(4&(%@4+49474'<+784*+8'*>$%*=+4*=%*4+)%$B
● 1*=%*4+)%$+%6+H)%6)*)"6+'*>+:"6(+#4+J4H(+)"(+);+<4'&8+);+&8%$><4*B
● G*$9+6()<4+4*=%*4+)%$+%*+(84+64'$4>+)<%=%*'$+&)*('%*4<B+38%6+'$6)+'HH$%46+()+"64>+)%$+"*(%$+%(+%6
>%6H)64>B
● 24="$'<+&)*('&(+7%(8+4*=%*4+)%$+&)"$>+>':'=4+(84+6J%*B+D;+4*=%*4+)%$+8'6+&):4+%*()+&)*('&(
7%(8+(84+6J%*L+'$7'96+7'68+(8)<)"=8$9+7%(8+6)'H+'*>+7'(4<B
● 1*=%*4+)%$+#4&):46+@4<9+8)(+784*+(84+4*=%*4+%6+<"**%*=+'*>+&'*+64@4<4$9+#"<*+(84+6J%*B+.$,
7'96+'$$)7+(84+4*=%*4+()+&))$+>)7*B

1*=%*4+)%$+(8'(+8'6+><%HH4>+'*>+6H%$$4>+&'*+H)$$"(4+(84+4*@%<)*:4*(B+E'(&8+'*9+$4'J%*=+)H4<,
'(%*=+;$"%>6+'*>+>%6H)64+);+(84:+&)<<4&($9+'&&)<>%*=+()+4*@%<)*:4*('$+<4="$'(%)*6B

;#65#$(25,('.*#C*%C'

E)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+()+;%*>+)"(
78%&8+4*=%*4+)%$+%6+6"%('#$4+;)<+9)"<+@48%&$4B+X)$J67'=4*+<4&)::4*>6+&)*('&(%*=+'*+'"(8)<%?4>
X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B
D;+(84+4*=%*4+)%$+<4&)::4*>4>+#9+(84+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*
W4<@%&4+R'&%$%(9+%6+*)(+'@'%$'#$4L+'+>%;;4<4*(+4*=%*4+)%$+&'*+#4+"64>+%*+'*+4:4<=4*&9B+3)+<4>"&4+(84
<%6J+);+>':'=%*=+(84+4*=%*4L+'+:'5%:":+);+PB\+$%(4<6+);+(84+;)$$)7%*=+4*=%*4+)%$6+:'9+#4+'>>4>
"*(%$+(84+*45(+)%$+&8'*=4T
— 0'6)$%*4+4*=%*46+7%(8)"(+H'<(%&"$'(4+;%$(4<6T+W('*>'<>+XC+\PQ+PP+'*>+.E1.+.OY[Z+)<
.!D+W/+U.!D+WaV
— 0'6)$%*4+4*=%*46+7%(8+H'<(%&"$'(4+;%$(4<6T+W('*>'<>+XC+\PZ+PP+'*>+.E1.+EO+)<+.!D+Ew,Z
— -%464$+4*=%*46+7%(8)"(+H'<(%&"$'(4+;%$(4<6T+W('*>'<>+XC+\P\+PN+'*>+.E1.+EO+)<+.!D+Ew,ZB
— -%464$+4*=%*46+7%(8+H'<(%&"$'(4+;%$(4<6T+W('*>'<>+XC+\P^+PP+'*>+.E1.+EO+)<+.!D+Ew,Z

D;+9)"+>)+*)(+J*)7+%;+(84+@48%&$4+%6+4I"%HH4>+7%(8+'+H'<(%&"$'(4+;%$(4<L+&)*('&(+'*+'"(8)<%?4>+X)$J,
67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B+X)$J67'=4*+<4&)::4*>6+&)*('&(%*=+'*
'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B
X)$J67'=4*+<4&)::4*>6+ +4*=%*4+)%$6B

/G3DE1
● -)+*)(+:%5+'*9+'>>%(%)*'$+$"#<%&'*(6+7%(8+(84+4*=%*4+)%$B+-':'=4+&'"64>+#9+6"&8+'>>%(%@46+%6
*)(+&)@4<4>+#9+(84+7'<<'*(9B
● X)$J67'=4*+<4&)::4*>6+"6%*=+(84+'HH<)@4>+4*=%*4+)%$6+%*+'&&)<>'*&4+7%(8+(84+<46H4&(%@4
XC+6('*>'<>B+384+"64+);+4*=%*4+)%$6+(8'(+>)+*)(+&):H$9+7%(8+(8464+I"'$%(9+<4I"%<4:4*(6+&'*
&'"64+4*=%*4+>':'=4B

/G3DE1
D;+(84+@48%&$4+8'6+#44*+;%$$4>+7%(8+4*=%*4+)%$+'&&)<>%*=+()+(84+XC+*)<:6L+XC+\PQ+PPL
XC+\PZ+PPL+XC+\P\+PN+)<+XC+\P^+PPL+(84*+<4;%$$+7%(8+4*=%*4+)%$+&)<<46H)*>%*=+()+(84+6':4
*)<:+%;+H)66%#$4B+G(84<7%64+(84+4*=%*4+&'*+#4+>':'=4>B

E/*#65#6(./$($#65#$(25,

384+4*=%*4+)%$+:"6(+#4+&8'*=4>+<4="$'<$9B+G#64<@4+78%&8+64<@%&4+%*(4<@'$+'HH$%46+;)<+9)"<+@48%&$4
UM+W4<@%&4L+D*(<)>"&(%)*Y=4*4<'$+%*;)<:'(%)*V B
1*=%*4+)%$+'*>+;%$(4<+&8'*=46+<4I"%<4+6H4&%'$+())$6L+(4&8*%&'$+J*)7$4>=4+'*>+(84+&)<<4&(+>%6H)6'$
);+(84+"64>+)%$B+384<4;)<4+'$7'96+8'@4+(84+4*=%*4+)%$+'*>+;%$(4<6+&8'*=4>+#9+'*+'"(8)<%?4>+X)$J,
67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B+X)$J67'=4*+<4&)::4*>6+&)*('&(%*=+'*
'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B
n)"+&'*+;%*>+:)<4+%*;)<:'(%)*+'#)"(+(84+64<@%&4+%*(4<@'$6+%*+(84+W4<@%&4+&8'H(4<+UM+W4<@%&4L+D*,
(<)>"&(%)*Y=4*4<'$+%*;)<:'(%)*V B
.>>%(%@46+%*+(84+4*=%*4+)%$+&'*+:'J4+*47+4*=%*4+)%$+'HH4'<+>'<J+';(4<+'+#<%4;+4*=%*4+<"*+(%:4B
38%6+%6+*)<:'$+'*>+%6+*)+<4'6)*+()+&8'*=4+(84+4*=%*4+)%$+:)<4+;<4I"4*($9B
C.2/D/0
D;+9)"+*44>+()+&8'*=4+(84+4*=%*4+)%$+%*+(84+@48%&$4+9)"<64$;+%*+45&4H(%)*'$+6%("'(%)*6L+(84+;)$$)7,
%*=+%*6(<"&(%)*6+:"6(+#4+;)$$)74>T
● .$7'96+74'<+H<)(4&(%@4+49474'<B
● .$7'96+'$$)7+(84+4*=%*4+()+&))$+>)7*+()+<4>"&4+(84+<%6J+);+#"<*6B
● S44H+9)"<+'<:6+8)<%?)*('$+784*+"6%*=+9)"<+;%*=4<6+()+<4:)@4+(84+)%$+><'%*+H$"=L+6)+(8'(+(84
><'%*%*=+)%$+>)46+*)(+><%H+>)7*+9)"<+'<:B
● F64+'+&)*('%*4<+6"%('#$4+;)<+&)$$4&(%*=+"64>+)%$+(8'(+&'*+8)$>+'(+$4'6(+(84+4*(%<4+I"'*(%(9+);+)%$
%*+(84+4*=%*4B
● /4@4<+"64+4:H(9+;))>+&'*6L+#)(($46+)<+)(84<+&)*('%*4<6+()+6()<4+4*=%*4+)%$L+#4&'"64+%*>%@%>",
'$6+:'9+*)(+<4&)=*%?4+(8'(+(849+&)*('%*+)%$B
● 1*=%*4+)%$+%6+H)%6)*)"6+'*>+:"6(+#4+J4H(+)"(+);+<4'&8+);+&8%$><4*B

[4;)<4+&8'*=%*=+(84+4*=%*4+)%$L+;%*>+'+H$'&4+(8'(+7%$$+>%6H)64+);+"64>+)%$+&)<<4&($9B

-%6H)64+);+"64>+)%$+%*+'+7'9+(8'(+%6+<46H)*6%#$4+;)<+(84+4*@%<)*:4*(B+/4@4<+>%6H)64+);+"64>
)%$+%*+='<>4*6L+;)<46(4>+'<4'6L+(8<)"=8+(84+6474<+696(4:6L+)*+6(<44(6+'*>+H'(86L+%*+<%@4<6L+)<
%*+#)>%46+);+7'(4<L+;)<+45':H$4B

;#65#$(25,(92#'+>=.52#

384+4*=%*4+)%$+&)*6":H(%)*+&'*+@'<9+;<):+4*=%*4+()+4*=%*4+'*>+&'*+&8'*=4+(8<)"=8)"(+(84+64<,
@%&4+$%;4+);+(84+4*=%*4B
-4H4*>%*=+)*+(84+><%@%*=+6(9$4+'*>+(84+"6'=4+&)*>%(%)*6L+(84+4*=%*4+)%$+&)*6":H(%)*+&'*+#4+"H
()+N+$+UN+I"'<(V+H4<+QPPP+J%$):4(4<6+UNQPP+:%$46Vm+%(+&'*+'$6)+#4+8%=84<+7%(8%*+(84+;%<6(+\PPP+J%$),
:4(4<6+UONPP+:%$46V+)*+*47+@48%&$46B+[4&'"64+);+(8%6L+(84+4*=%*4+)%$+$4@4$+:"6(+#4+&84&J4>+<4=",
$'<$9B+D(+%6+#46(+()+&84&J+4'&8+(%:4+9)"+<4;"4$+9)"<+@48%&$4+'*>+#4;)<4+$)*=+><%@46B
R)<+8%=8+4*=%*4+$)'>6L+;)<+45':H$4+784*+><%@%*=+$)*=+>%6('*&46+)*+8%=87'96+%*+(84+6"::4<+)<
784*+><%@%*=+(8<)"=8+8%=8+:)"*('%*6L+(84+4*=%*4+)%$+$4@4$+68)"$>+#4+%*+(84+"HH4<+64&(%)*+);+(84
H4<:%((4>+'<4'+UM+1*=%*4+)%$L+24;%$$%*=V B

E/$905#6(./$($#65#$(25,(,$8$,(*#C(*CC5#6(25,
R%=B+
R%=B+NN+ 1*=%*4+)%$+$4@4$+:'<J%*=6+)*+(84+)%$+>%H6(%&J+U@4<6%)*6VB

. 1*=%*4+)%$+$4@4$+())+8%=8+r+%;+*4&466'<9+;)$$)7+(84+:466'=46+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9
)<+&)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+;)<
'66%6('*&4B
[ -)+*)(+'>>+4*=%*4+)%$B
E 384+4*=%*4+)%$+%6+'(+(84+&)<<4&(+$4@4$B
- 384+4*=%*4+)%$+%6+())+$)7+,+'>>+)%$B
R%=B+
R%=B+QQ+ D*+(84+4*=%*4+&):H'<(:4*(T+4*=%*4+)%$+;%$$4<+&'H+U=4*4<'$+45':H$4VB

E/$90,5'.
!4<;)<:+(84+6(4H6+%*+(84+)<>4<+$%6(4>+M+E84&J%*=+(84+4*=%*4+)%$+$4@4$+'*>+'>>%*=+)%$ T

NB+ C%(8+(84+4*=%*4+'(+)H4<'(%*=+(4:H4<'("<4
)H4<'(%*=+(4:H4<'("<4L+H'<J+(84+@48%&$4+)*+'+$4@4$+6"<;'&4+()+'@)%>+'*
%*&)<<4&(+)%$+$4@4$+<4'>%*=B
QB+ 3"<*+);;+(84+4*=%*4+'*>+7'%(+'+;47+:%*"(46+;)<+(84+4*=%*4+)%$+()+;$)7+#'&J+%*()+(84+)%$+H'*B
OB+ GH4*+(84+8))>+ +UM+D*+(84+4*=%*4+&):H'<(:4*(L+GH4<'(%)*V B
ZB+ 24:)@4+(84+>%H6(%&J+;<):+(84+="%>4+("#4+'*>+7%H4+(84+>%H6(%&J+);;+"6%*=+'+&$4'*+&$)(8B+384
)%$+>%H6(%&J+%6+<4&)=*%?'#$4+(8'*J6+()+%(6+&)$)<4>+8'*>$4B
\B+ 24%*64<(+(84+>%H6(%&J+%*()+(84+="%>4+("#4+'*>+H"68+%(+'$$+(84+7'9+%*B+D;+(84<4+%6+'*+'$%=*:4*(
('#+)*+(84+()H+);+(84+4*=%*4+)%$+>%H6(%&JL+:'J4+6"<4+%(+$%*46+"H+7%(8+(84+*)(&8+%*+(84+="%>4
("#4L+'*>+(8'(+(84+>%H6(%&J+=)46+'$$+(84+7'9+%*B
]B+ 24:)@4+(84+>%H6(%&J+'='%*+'*>+<4'>+(84+)%$+$4@4$+)*+(84+>%H6(%&J+'6+>46&<%#4>+#4$)7+M+;%=B+N T

. +384+4*=%*4+)%$+$4@4$+%6+())+8%=8B+D;+*4&466'<9+;)$$)7+(84+:466'=46+%*+(84+%*6(<":4*(+&$"6,
(4<+>%6H$'9+)<+&)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*
&)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*
W4<@%&4+R'&%$%(9+;)<+'66%6('*&4+M+E84&J%*=+(84+4*=%*4+)%$+$4@4$+'*>+'>>%*=+)%$ B
W4<@%&4+R'&%$%(9+;)<+'66%6('*&4

-)+*)(+'>>+'*9+4*=%*4+)%$+M+E84&J%*=+(84+4*=%*4+)%$+$4@4$+'*>+'>>%*=+)%$ B+E)*(%*"4
[ +-)+*)(+'>>+'*9+4*=%*4+)%$
7%(8+6(4H+N]B
E +384+4*=%*4+)%$+%6+'(+(84+&)<<4&(+$4@4$B+1*=%*4+)%$+&'*+#4+'>>4>+"H+()+(84+"HH4<+4>=4+);
"HH4<+4>=4+);
(8%6+'<4'
(8%6+'<4'L+;)<+45':H$4+%;+(84<4+%6+84'@9+4*=%*4+$)'>B+E)*(%*"4+7%(8+6(4H+_+)<+6(4H+N]
M+E84&J%*=+(84+4*=%*4+)%$+$4@4$+'*>+'>>%*=+)%$ B
- +384+4*=%*4+)%$+$4@4$+%6+())+$)7B+.>>+4*=%*4+)%$+%::4>%'(4$9B
.>>+4*=%*4+)%$+%::4>%'(4$9B+E)*(%*"4+7%(8+6(4H+_B

^B+ .;(4<+<4'>%*=+(84+)%$+$4@4$L+<4%*64<(+(84+>%H6(%&J+#'&J+%*()+(84+="%>4+("#4+'*>+H"68+%(+'$$+(84
7'9+%*B
_B+ 24:)@4+(84+&'H+)*+(84+4*=%*4+)%$+;%$$4<+M+;%=B+Q B
`B+ 3)H+"H+(84+4*=%*4+)%$+=<'>"'$$9+%*+6:'$$+I"'*(%(%46+U*)(+:)<4+(8'*+PB\+$+Y+PB\+I"'<(VB+X)$J67',
=4*+.0+<4&)::4*>6+(84+"64+);+'HH<)@4>+4*=%*4+)%$6+'&&)<>%*=+()+(84+&)<<46H)*>%*=+XC
6('*>'<>+UM+1*=%*4+)%$L+W('*>'<>6Y>%<4&(%@46V B
NPB+ 3)+'@)%>+)@4<;%$$%*=L+9)"+:"6(+7'%(+'HH<)5%:'(4$9+)*4+:%*"(4+4'&8+(%:4+9)"+'>>+)%$+6)+(8'(
(84+)%$+&'*+;$)7+%*()+(84+)%$+H'*+"H+()+(84+:'<J%*=+)*+(84+>%H6(%&JB
NNB+ E84&J+(84+)%$+$4@4$+)*+(84+)%$+>%H6(%&J+'='%*+#4;)<4+'>>%*=+'+$%(($4+:)<4+4*=%*4+)%$B+/4@4<+'>>
())+:"&8+)%$+M+E84&J%*=+(84+4*=%*4+)%$+$4@4$+'*>+'>>%*=+)%$ B

NQB+ C84*+9)"+'<4+>)*4+'>>%*=+)%$L+(84+)%$+$4@4$+68)"$>+#4+%*+(84+&4*(4<+);+'<4'+M+;%=B+N + E B+D(


68)"$>+*)(+#4+'#)@4+ E L+%(+68)"$>+#4+%*+'<4'+ [ L+'*>+%(+:"6(+*)(+#4+%*+'<4'+ . +M+E84&J%*=
(84+4*=%*4+)%$+$4@4$+'*>+'>>%*=+)%$ B
NOB+ E$)64+(84+&'H+)*+(84+4*=%*4+)%$+;%$$4<+784*+9)"+'<4+>)*4+'>>%*=+4*=%*4+)%$B
NZB+ E$)64+(84+8))>+ +UM+D*+(84+4*=%*4+&):H'<(:4*(L+GH4<'(%)*V B

C.2/D/0
1*=%*4+)%$+&'*+%=*%(4+%;+%(+&):46+%*()+&)*('&(+7%(8+8)(+4*=%*4+&):H)*4*(6B+38%6+&'*+&'"64+#"<*6
'*>+64<%)"6+%*A"<%46B
● D;+4*=%*4+)%$+6H%$$6+)*+&)$>+4*=%*4+&):H)*4*(6L+%(+&)"$>+84'(+"H+'*>+%=*%(4+784*+(84+4*=%*4+%6
<"**%*=B
● .$7'96+:'J4+6"<4+(8'(+(84+&'H+%6+%*6('$$4>+64&"<4$9+)*+(84+4*=%*4+;%$$4<+)H4*%*=+';(4<+'>>%*=
)%$+'*>+(8'(+(84+)%$+>%H6(%&J+%6+%*64<(4>+&)<<4&($9+%*+(84+="%>4+("#4B+38%6+&'*+H<4@4*(+4*=%*4+)%$
;<):+$4'J%*=+'*>+&):%*=+%*()+&)*('&(+7%(8+8)(+4*=%*4+&):H)*4*(6+784*+(84+4*=%*4+%6
<"**%*=B

/G3DE1
● D;+9)"+'&&%>4*('$$9+'>>+())+:"&8+)%$+'*>+(84+)%$+$4@4$+%6+%*+'<4'+M+;%=B+N + . L+>)+*)(+6('<(+(84
4*=%*4B+E)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9
;)<+'66%6('*&4+%;+*4&466'<9B+G(84<7%64L+(84+&'('$9(%&+&)*@4<(4<+'*>+(84+4*=%*4+&)"$>+#4
>':'=4>B
● C84*+;%$$%*=+;$"%>6L+:'J4+6"<4+(84+&)<<4&(+;$"%>6+'<4+'>>4>+()+(84+&)<<4&(+<464<@)%<6B+F6%*=
%*&)<<4&(+;$"%>6+&'*+<46"$(+%*+:'$;"*&(%)*6+'*>+4*=%*4+>':'=4B

384+4*=%*4+)%$+$4@4$+:"6(+*)(+#4+'#)@4+'<4'+M+;%=B+N + [ B+G(84<7%64L+)%$+&)"$>+#4+><'7*+%*()
(84+&<'*J&'64+@4*(+'*>+4*(4<+(84+'(:)6H84<4+(8<)"=8+(84+458'"6(+696(4:B
K%2+4,$'/22.5#6

(;#65#$(25,(=%$''+%$(.22(,2"
384+%*>%&'()<+$%=8(+;$'6846+<4>B

+-)+*)(+&)*(%*"4+><%@%*=i
-)+*)(+&)*(%*"4+><%@%*=i
384+4*=%*4+)%$+H<466"<4+%6+())+$)7B
— W()H+(84+4*=%*4B
— E84&J+(84+4*=%*4+)%$+$4@4$+UM+1*=%*4+)%$L+24;%$$%*=V B

D;+(84+7'<*%*=+$%=8(+;$'6846L+>)+*)( +&)*(%*"4+><%@%*=+)<+$4(+(84+4*=%*4+<"*L+4@4*+%;+(84+)%$+%6+'(+(84
&)<<4&(+$4@4$B
1*=%*4+>':'=4+&)"$>+<46"$(B
— E)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+;)<
'66%6('*&4B

(;#65#$(25,(,$8$,(.22(,2"
384+94$$)7+%*>%&'()<+$%=8(+("<*6+)*B
— W()H+'(+(84+*45(+)HH)<("*%(9B
— W()H+(84+4*=%*4B
— E84&J+(84+4*=%*4+)%$+$4@4$+UM+1*=%*4+)%$L+24;%$$%*=V B

(;#65#$(25,('1'.$>(>*,3+#9.52#
384+%*>%&'()<+$%=8(+;$'6846+94$$)7B
384<4+%6+'+:'$;"*&(%)*+%*+(84+4*=%*4+)%$+696(4:B
— E)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B
— K'@4+(84+4*=%*4+)%$+696(4:+%*6H4&(4>B

;#65#$(922,*#.

G#.%2C+9.52#

G*$9+H4<;)<:+7)<J+)*+(84+4*=%*4+&))$%*=+696(4:+%;+9)"+'<4+;':%$%'<+7%(8+(84+*4&466'<9+H<)&4,
>"<46+'*>+(84+=4*4<'$+6';4(9+H<4&'"(%)*6L+'*>+%;+(84+&)<<4&(+4I"%H:4*(L+;$"%>6L+'*>+6"%('#$4+())$6
'<4+'@'%$'#$4B+C)<J+H4<;)<:4>+%*&)<<4&($9+&'*+<46"$(+%*+64<%)"6+%*A"<%46+M+D*(<)>"&(%)* B+K'@4+'$$
7)<J+H4<;)<:4>+#9+I"'$%;%4>+H<);466%)*'$6B+X)$J67'=4*+<4&)::4*>6+&)*('&(%*=+'*+'"(8)<%?4>
X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B

C.2/D/0
1*=%*4+&))$'*(+%6+H)%6)*)"6B
● G*$9+6()<4+4*=%*4+&))$'*(+%*+(84+64'$4>+)<%=%*'$+&)*('%*4<+'*>+%*+'+6';4+'*>+64&"<4+H$'&4B
● /4@4<+"64+4:H(9+;))>+&'*6L+#)(($46L+)<+)(84<+&)*('%*4<6+()+6()<4+4*=%*4+&))$'*(L+#4&'"64
6):4)*4+&)"$>+><%*J+(84+4*=%*4+&))$'*(+#9+:%6('J4B
● W()<4+4*=%*4+&))$'*(+)"(+);+(84+<4'&8+);+&8%$><4*B
● a'J4+6"<4+(8'(+(84+&)<<4&(+H<)H)<(%)*+);+4*=%*4+&))$'*(+'>>%(%@4+#'64>+)*+(84+$)746(+)"(,
6%>4+(4:H4<'("<4+(8'(+%6+45H4&(4>+%6+"64>+%*+(84+@48%&$4B
● D*+45(<4:4$9+$)7+(4:H4<'("<46L+(84+&))$'*(+&'*+;<44?4+'*>+(84+@48%&$4+7)"$>+#4+"*'#$4+()
6('<(B+[4&'"64+(84+84'(4<+7%$$+'$6)+*)+$)*=4<+;"*&(%)*+%*+(8'(+6%("'(%)*L+@48%&$4+)&&"H'*(6
&)"$>+;<44?4+%;+(849+>)+*)(+8'@4+6";;%&%4*(+7'<:+&$)(8%*=B

E))$'*(+'*>+&))$'*(+'>>%(%@46+&'*+H)$$"(4+(84+4*@%<)*:4*(B+E'(&8+'*9+$4'J%*=+)H4<'(%*=+;$",
%>6+'*>+>%6H)64+);+(84:+&)<<4&($9+'&&)<>%*=+()+4*@%<)*:4*('$+<4="$'(%)*6B

;#65#$(922,*#.('=$95359*.52#'

384+&))$%*=+696(4:+%6+;%$$4>+'(+(84+;'&()<9+7%(8+'+:%5("<4+);+6H4&%'$$9+H<4H'<4>+7'(4<+'*>+'(+$4'6(
ZPu+&))$'*(+'>>%(%@4B
E)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+()+;%*>+)"(
78%&8+4*=%*4+&))$'*(+%6+6"%('#$4+;)<+9)"<+@48%&$4B+X)$J67'=4*+<4&)::4*>6+&)*('&(%*=+'*+'"(8),
<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B
3)+H<)(4&(+(84+4*=%*4+&))$%*=+696(4:L+(84<4+:"6(+'$7'96 +#4+'(+$4'6(+'+ZPu+H<)H)<(%)*+);+&))$'*(
'>>%(%@4B+D;+=<4'(4<+;<44?4+H<)(4&(%)*+%6+*44>4>+>"4+()+(84+&$%:'(4L+(84+H<)H)<(%)*+);+&))$'*(+'>,
>%(%@4+&'*+#4+%*&<4'64>B+K)74@4<L+(84+H<)H)<(%)*+);+&))$'*(+'>>%(%@4+:"6(+*)(+45&44>+]PuL+#4,
&'"64+)(84<7%64+(84+;<44?4+H<)(4&(%)*+7%$$+#4+<4>"&4>+'*>+(84+&))$%*=+4;;4&(+7%$$+#4+>4&<4'64>B
384+4*=%*4+&))$'*(+'>>%(%@4+&'*+#4+<4&)=*%?4>+#9+%(6+H"<H$4+&)$)<B+384+:%5("<4+);+7'(4<+'*>
&))$'*(+'>>%(%@4+H<)@%>46+;<44?4+H<)(4&(%)*+>)7*+()+,NO+kR+U,Q\+kEVL+H<)(4&(6+(84+'$":%*":+'$$)9
H'<(6+);+(84+&))$%*=+696(4:+;<):+&)<<)6%)*L+H<4@4*(6+$%:46&'$4+>4H)6%(6L+'*>+%*&<4'646+(84+#)%$,
%*=+H)%*(+);+(84+&))$'*(B
D;+(84+4*=%*4+&))$'*(+%6+#4%*=+()HH4>+"HL+'+#$4*>+);+>%6(%$$4>+7'(4<
>%6(%$$4>+7'(4<+'*>+'(+$4'6(+ZPu+);+'*+'H,
H<)H<%'(4+4*=%*4+&))$'*(+'>>%(%@4+:"6(+#4+"64>+()+4*6"<4+)H(%:":+&)<<)6%)*+H<)(4&(%)*+M+1*,
=%*4+&))$'*(+6H4&%;%&'(%)*6 B

C.2/D/0
D*6";;%&%4*(+;<44?4+H<)(4&(%)*+%*+(84+4*=%*4+&))$%*=+696(4:+&'*+&'"64+4*=%*4+:'$;"*&(%)*6L
78%&8+&'*+<46"$(+%*+64<%)"6+%*A"<%46B
● a'J4+6"<4+(8'(+(84+&)<<4&(+H<)H)<(%)*+);+4*=%*4+&))$'*(+'>>%(%@4+#'64>+)*+(84+$)746(+)"(,
6%>4+(4:H4<'("<4+(8'(+%6+45H4&(4>+%6+"64>+%*+(84+@48%&$4B
● D*+45(<4:4$9+$)7+(4:H4<'("<46L+(84+&))$'*(+&'*+;<44?4+'*>+(84+@48%&$4+7)"$>+#4+"*'#$4+()
6('<(B+[4&'"64+(84+84'(4<+7%$$+'$6)+*)+$)*=4<+;"*&(%)*+%*+(8'(+6%("'(%)*L+@48%&$4+)&&"H'*(6
&)"$>+;<44?4+%;+(849+>)+*)(+8'@4+6";;%&%4*(+7'<:+&$)(8%*=B
/G3DE1
/4@4<+:%5+04*"%*4+X)$J67'=4*+&))$'*(+'>>%(%@46+7%(8+&))$'*(6+(8'(+'<4+*)(+'HH<)@4>+#9
X)$J67'=4*B
● D;+(84+;$"%>+%*+(84+&))$'*(+45H'*6%)*+('*J+%6+*)(+H%*J,&)$)<4>+U(84+&)$)<+&):46+;<):+(84+:%5,
("<4+);+(84+H"<H$4+&))$'*(+'>>%(%@4+7%(8+>%6(%$$4>+7'(4<V+#"(+%6L+;)<+45':H$4L+#<)7*+%*6(4'>L
(84+6"%('#$4+4*=%*4+&))$'*(+7'6+:%54>+7%(8+'*)(84<+4*=%*4+&))$'*(+(8'(+%6+*)(+6"%('#$4B+D*
(8%6+&'64L+8'@4+(84+4*=%*4+&))$'*(+&8'*=4>+%::4>%'(4$9B+G(84<7%64L+64<%)"6+:'$;"*&(%)*6+)<
>':'=4+()+(84+4*=%*4+'*>+&))$%*=+696(4:+&)"$>+)&&"<B

1*=%*4+&))$'*(+'*>+&))$'*(+'>>%(%@46+&'*+8'<:+(84+4*@%<)*:4*(B+E'(&8+'*9+$4'J%*=+)H4<'(,
%*=+;$"%>6+'*>+>%6H)64+);+(84:+&)<<4&($9+'&&)<>%*=+()+4*@%<)*:4*('$+<4="$'(%)*6B

E/$905#6(*#C(35,,5#6($#65#$(922,*#.

R%=B+
R%=B+NN+ D*+(84+4*=%*4+&):H'<(:4*(T+:'<J%*=6+)*+(84+4*=%*4+&))$'*(+45H'*6%)*+('*JB
R%=B+
R%=B+QQ+ D*+(84+4*=%*4+&):H'<(:4*(T+&'H+)*+(84+4*=%*4+&))$'*(+45H'*6%)*+('*JB

384+4*=%*4+&))$'*(+7'<*%*=+$%=8(+7%$$+("<*+)*+%;+(84+4*=%*4+&))$'*(+$4@4$+%6+())+$)7B

O%$=*%*.52#'
— !'<J%*=+(84+@48%&$4+)*+'+$4@4$L+64&"<4+6"<;'&4B
— .$$)7+(84+4*=%*4+()+&))$+M+E84&J%*=+'*>+;%$$%*=+4*=%*4+&))$'*( B
— GH4*+(84+8))>+ +UM+D*+(84+4*=%*4+&):H'<(:4*(L+GH4<'(%)*V B
— 384+4*=%*4+&))$'*(+45H'*6%)*+('*J+%6+%>4*(%;%4>+7%(8+(84+ +69:#)$+)*+(84+&'H+M+;%=B+Q B

E/$905#6(./$(922,*#.(,$8$,
FH)*+>4$%@4<9+U*47+@48%&$46V
U*47+@48%&$46V+(84+&))$'*(+$4@4$+:'9+#4+'#)@4+(84+:'<J4>+'<4'B+38%6+%6+*)<:'$B
384+&))$'*(+>)46+*)(+*44>+()+#4+45(<'&(4>B
— C84*+(84+4*=%*4+%6+&)$>L+&84&J+(84+&))$'*(+$4@4$+"6%*=+(84+:'<J%*=6+)*+(84+6%>4+);+(84+4*=%*4
&))$'*(+45H'*6%)*+('*J+M+;%=B+N B+384+&))$'*(+$4@4$+:"6(+#4+#4(744*+(84+:'<J%*=6B
— D;+(84+;$"%>+$4@4$+%*+(84+&))$'*(+45H'*6%)*+('*J+%6+#4$)7+(84+:%*%:":+:'<J+Ug:%*hVL+'>>
&))$'*(B+C84*+(84+4*=%*4+%6+7'<:L+(84+4*=%*4+&))$'*(+$4@4$+:'9+#4+6$%=8($9+'#)@4+(84+"HH4<
:'<J%*=B

?5,,5#6(./$(922,*#.
384+4*=%*4+&))$'*(+7'<*%*=+$%=8(+7%$$+("<*+)*+%;+(84+4*=%*4+&))$'*(+$4@4$+%6+())+$)7B+D;+(8%6+%6+(84
&'64L+&)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9
%::4>%'(4$9B
D;+(84+&))$'*(+$4@4$+%6+())+$)7+'*>+(84<4+'<4+*)+7)<J68)H6+%*+(84+%::4>%'(4+'<4'L+*)(4+(84
;)$$)7%*=T
— .$7'96+H<)(4&(+9)"<+;'&4L+8'*>6L+'*>+'<:6+;<):+8)(+&))$'*(+)<+6(4':+#9+H$'&%*=+'+6"%('#$4
&$)(8+)*+(84+&))$'*(+('*J+&'HB
— E'<4;"$$9+"*6&<47+(84+&'H+M+E84&J%*=+'*>+;%$$%*=+4*=%*4+&))$'*( B
*47+&))$'*(+(8'(+&)*;)<:6+()+(84+X)$J67'=4*+6H4&%;%&'(%)*+UM+1*=%*4+&))$'*(L+W('*,
— G*$9+'>>+*47
>'<>6Y>%<4&(%@46V B
— G*$9+'>>+&))$'*(+784*+(84<4+%6+6(%$$+6):4+$4;(+%*+(84+<464<@)%<B+G(84<7%64L+(84+4*=%*4Y:)()<
&)"$>+#4+>':'=4>B+D;+(84<4+%6+*)+&))$'*(+@%6%#$4+%*+(84+<464<@)%<L+6()H+><%@%*=
6()H+><%@%*=+'*>+&)*('&(+'*
'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+;)<+'66%6('*&4B
— D;+(84<4+%6+'+6:'$$+':)"*(+);+&))$'*(+$%I"%>+<4:'%*%*=+%*+(84+&))$'*(+45H'*6%)*+('*JL+()H+"H+(84
4*=%*4+&))$'*(+()+(84+"HH4<+;%$$+$4@4$+:'<J4<+'*>+&84&J+';(4<+)*4+>'9B+D;+(84+$4@4$+><)H6+'='%*
'='%*L
&)*('&(+'*+'"(8)<%?4>+6H4&%'$%6(+7)<J68)H+'*>+8'@4+(84+&))$%*=+696(4:+&84&J4>B
— 384+&))$'*(+$4@4$+:"6(+#4+#4(744*+(84+:'<J%*=6+)*+(84+&))$'*(+45H'*6%)*+('*J+M+;%=B+N B+-)
-)
*)(+'>>+&))$'*(+'#)@4+(84+"HH4<+4>=4+);+(84+:'<J4>+'<4'+M+E84&J%*=+'*>+;%$$%*=+4*,
*)(+'>>+&))$'*(+'#)@4+(84+"HH4<+4>=4+);+(84+:'<J4>+'<4'
=%*4+&))$'*( B
— D*6('$$+(84+&'H+64&"<4$9B
— D;+(84<4+%6+*)+&))$'*(+'@'%$'#$4+(8'(+&)*;)<:6+()+(84+6H4&%;%&'(%)*L+>)+*)(+"64+'*9+)(84<+&))$'*(
%*+'*+4:4<=4*&9+UM+1*=%*4+&))$'*(L+W('*>'<>6Y>%<4&(%@46V B+.>>+>%6(%$$4>+7'(4<
>%6(%$$4>+7'(4<+%*6(4'>
M+E84&J%*=+'*>+;%$$%*=+4*=%*4+&))$'*( B+384*+<46()<4+(84+&)<<4&(+:%5("<4+<'(%)+"6%*=+(84+6H4&%,
;%4>+&))$'*(+'>>%(%@4+'6+6))*+'6+H)66%#$4+UM+1*=%*4+&))$'*(L+W('*>'<>6Y>%<4&(%@46V B

C.2/D/0
K)(+6(4':+'*>+8)(+4*=%*4+&))$'*(+&'*+&'"64+64<%)"6+#"<*6B
● /4@4<+)H4*+(84+8))>+%;+9)"+&'*+644+)<+84'<+6(4':+)<+&))$'*(+46&'H%*=+;<):+(84+8))>+6H'&4B
C'%(+"*(%$+9)"+&'*+*)+$)*=4<+644+)<+84'<+6(4':+)<+&))$'*(+46&'H%*=B+K)(+&):H)*4*(6+&'*
&'"64+#"<*6+%;+()"&84>B
● [4;)<4+)H4*%*=+(84+8))>L+('J4+*)(4+);+(84+;)$$)7%*=T
● W4(+(84+4$4&(<)*%&+H'<J%*=+#<'J4B
● .$7'96+J44H+&8%$><4*+'7'9+;<):+(84+8))>+6H'&4+'*>+*4@4<+$4'@4+(84:+"*'((4*>4>B
● 384+4*=%*4+&))$%*=+696(4:+%6+"*>4<+H<466"<4+784*+(84+4*=%*4+%6+8)(B+/4@4<+)H4*+(84+&'H+)*
(84+&))$'*(+45H'*6%)*+('*J+784*+(84+4*=%*4+%6+8)(B+1*=%*4+&))$'*(+&)"$>+6H<'9+)"(+'*>
&'"64+64<%)"6+#"<*6+)<+)(84<+%*A"<%46B
● W$)7$9+'*>+@4<9+&'<4;"$$9+("<*+(84+&'H+&)"*(4<,&$)&J7%64+78%$4+H<466%*=+>)7*+$%=8($9+)*
(84+&'HB
● .$7'96+H<)(4&(+9)"<+;'&4L+8'*>6L+'*>+'<:6+;<):+8)(+4*=%*4+&))$'*(+)<+6(4':+7%(8+'+$'<=4L
(8%&J+&$)(8B
/G3DE1
● G*$9+'>>+>%6(%$$4>+7'(4<B+384+&84:%&'$+&):H)*4*(6+&)*('%*4>+%*+'$$+)(84<+(9H46+);+7'(4<+&'*
&'"64+&)*6%>4<'#$4+&)<<)6%)*+>':'=4+%*+(84+4*=%*4B+38%6+&'*+&'"64+4*=%*4+:'$;"*&(%)*6B+D;
7'(4<+(8'(+%6+*)(+>%6(%$$4>+%6+'>>4>L+8'@4+(84+;$"%>+%*+(84+4*=%*4+&))$%*=+696(4:+&8'*=4>+%:,
:4>%'(4$9+#9+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B
● G*$9+'>>+4*=%*4+&))$'*(+"*(%$+%(+%6+"H+()+(84+"HH4<+4>=4+);+(84+:'<J4>+'<4'+M+;%=B+N B+D;+(84<4
%6+())+:"&8+&))$'*(L+(84+4*=%*4+&))$%*=+696(4:+7%$$+#4&):4+H<466"<%?4>+784*+(84+&))$'*(
7'<:6+"HL+78%&8+&'*+<46"$(+%*+>':'=4B
● D;+'+$'<=4+':)"*(+);+&))$'*(+%6+$)6(L+)*$9+'>>+&))$'*(+784*+(84+4*=%*4+%6+&):H$4(4$9+&))$ B+.
$'<=4+':)"*(+);+&))$'*(+$)66+%*>%&'(46+(84<4+%6+'+$4'J+%*+(84+&))$%*=+696(4:B+K'@4+(84+&))$%*=
696(4:+%*6H4&(4>+%::4>%'(4$9+#9+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67',
=4*+W4<@%&4+R'&%$%(9B+G(84<7%64L+(84+4*=%*4+&)"$>+#4+>':'=4>B
● -)+*)(+'>>+'*9+&))$'*(+%;+(84<4+%6+*)+&))$'*(+$4;(+%*+(84+&))$'*(+45H'*6%)*+('*JB+-)%*=+6)
&)"$>+&'"64+'%<+()+4*(4<+(84+&))$%*=+696(4:B+W()H+><%@%*=+'*>+&)*('&(+'*+'"(8)<%?4>+X)$J67',
=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+;)<+'66%6('*&4B+G(84<7%64L+(84+4*=%*4
&)"$>+#4+>':'=4>B

D%*0$(3,+5C

R%=B+
R%=B+NN+ D*+(84+4*=%*4+&):H'<(:4*(T+&'H+)*+(84+#<'J4+;$"%>+<464<@)%<B

[<'J4+;$"%>+'#6)<#6+:)%6("<4+;<):+(84+'%<+)@4<+(84+&)"<64+);+(%:4B+3))+:"&8+7'(4<+%*+(84+#<'J4+;$"%>
&'"646+>':'=4+()+(84+#<'J4+696(4:B+C'(4<+$)74<6+(84+#)%$%*=+H)%*(+);+(84+#<'J4+;$"%>B+D;+(84+7'(4<
&)*(4*(+%*+(84+#<'J4+;$"%>+%6+())+8%=8L+@'H)<+$)&J+:'9+;)<:+%*+(84+#<'J4+696(4:+>"<%*=+84'@9+#<'J%*=
'*>+;"$$+#<'J%*=B+X'H)<+$)&J+<4>"&46+(84+#<'J%*=+H)74<L+%*&<4'646+(84+#<'J%*=+>%6('*&4+&)*6%>4<'#$9L
'*>+&'*+$4'>+()+'+()('$+;'%$"<4+);+(84+#<'J4+696(4:B+n)"<+)7*+6';4(9+'*>+(84+6';4(9+);+)(84<6+)*+(84
<)'>+>4H4*>6+)*+9)"<+#<'J4+696(4:+;"*&(%)*%*=+&)<<4&($9+'(+'$$+(%:46+M+[<'J4+;$"%> B

D%*0$(3,+5C('=$95359*.52#'
X)$J67'=4*+8'6+>4@4$)H4>+'+6H4&%'$+#<'J4+;$"%>+(8'(+%6+)H(%:%?4>+;)<+(84+@48%&$4+#<'J4+696(4:B+R)<
)H(%:":+#<'J4+696(4:+;"*&(%)*L+X)$J67'=4*+<4&)::4*>6+)*$9+"6%*=+#<'J4+;$"%>+(8'(+&)*;)<:6+()
(84+XC+6('*>'<>+\PN+NZ
XC+6('*>'<>+\PN+NZB
[4;)<4+"6%*=+#<'J4+;$"%>L+&84&J+%;+(84+#<'J4+;$"%>+6H4&%;%&'(%)*+)*+(84+#)(($4+:'(&846+(84+@48%&$4
<4I"%<4:4*(6B
[<'J4+;$"%>+(8'(+&)*;)<:6+()+(84+XC+6('*>'<>+\PN+NZ+&'*+#4+)#('%*4>+;<):+'*+'"(8)<%?4>+X)$J67',
=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B
D;+#<'J4+;$"%>+(8'(+:44(6+(8%6+6H4&%;%&'(%)*+%6+*)(+'@'%$'#$4+'*>+'*)(84<+8%=8,I"'$%(9+#<'J4+;$"%>+:"6(
(84<4;)<4+#4+"64>L+#<'J4+;$"%>+(8'(+&)*;)<:6+(84+6H4&%;%&'(%)*+-D/+DWG+Z`Q\+)<+(84+FW+W('*>'<>
RaXWW+NN]+-G3+Z+Eb.WW+]+&'*+#4+"64>B
/)(+'$$+#<'J4+;$"%>6+(8'(+&)*;)<:+()+(84+<4I"%<4:4*(6+);+-D/+DWG+Z`Q\+)<+FW+W('*>'<>+RaXWW+NN]
-G3+Z+Eb.WW+]+8'@4+(84+6':4+&84:%&'$+&):H)6%(%)*B+W):4+);+(8464+#<'J4+;$"%>6+&'*+&)*('%*+&84:%,
&'$6+(8'(+&'*+>46(<)9+)<+>':'=4+&):H)*4*(6+);+(84+@48%&$4+#<'J4+696(4:+)@4<+(%:4B
3)+84$H+4*6"<4+(8'(+(84+#<'J4+696(4:+;"*&(%)*6+&)<<4&($9+)@4<+(84+&)"<64+);+(%:4L+X)$J67'=4*+<4&):,
:4*>6+"6%*=+'+#<'J4+;$"%>+(8'(+45H<466$9+&)*;)<:6+()+(84+XC+6('*>'<>+\PN+NZ
XC+6('*>'<>+\PN+NZB
[<'J4+;$"%>+(8'(+&)*;)<:6+()+(84+XC+6('*>'<>+\PN+NZ+:44(6+(84+<4I"%<4:4*(6+);+-D/+DWG+Z`Q\+)<+(84
FW+W('*>'<>+RaXWW+NN]+-G3+Z+Eb.WW+]B

D%*0$(3,+5C(,$8$,
384+#<'J4+;$"%>+$4@4$+:"6(+'$7'96+#4+#4(744*+(84+aD/+'*>+a.q+:'<J%*=6+)*+(84+#<'J4+;$"%>+<464<@)%<
'*>+'#)@4+(84+aD/+:'<J%*=+M+[<'J4+;$"%> B
384+#<'J4+;$"%>+$4@4$+&'**)(+#4+&84&J4>+H<4&%64$9+)*+'$$+:)>4$6+#4&'"64+(84+8))>+)<+4*=%*4+&):H),
*4*(6+:'9+)#6(<"&(+(84+@%47+);+(84+;$"%>+$4@4$+%*+(84+<464<@)%<B+D;+9)"+&'**)(+<4'>+(84+#<'J4+;$"%>+$4@4$
&$4'<$9L+644+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+;)<
'66%6('*&4B
384+#<'J4+;$"%>+$4@4$+>4&<4'646+6$%=8($9+7%(8+><%@%*=+'6+(84+#<'J4+H'>6+74'<+'*>+(84+#<'J46+'"():'(%,
&'$$9+'>A"6(+(84:64$@46B

(D%*0$(3,+5C(,$8$,
384+<4>+%*>%&'()<+$%=8(+&):46+)*B
384+#<'J4+;$"%>+$4@4$+%6+())+$)7B
— +-)+*)(+&)*(%*"4+><%@%*=i
-)+*)(+&)*(%*"4+><%@%*=i
— E84&J+(84+#<'J4+;$"%>+$4@4$B

D;+(84+#<'J4+;$"%>+$4@4$+%6+())+$)7T
— W44+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B
— K'@4+(84+#<'J4+696(4:+&84&J4>B

E/*#65#6(4%*0$(3,+5C
K'@4+(84+#<'J4+;$"%>+&8'*=4>+#9+I"'$%;%4>+H4<6)**4$B+X)$J67'=4*+<4&)::4*>6+&)*('&(%*=+'*+'"(8),
<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B+G*$9+"64+*47+#<'J4+;$"%>+(8'(
:44(6+(84+<4I"%<4>+6H4&%;%&'(%)*6B

C.2/D/0
b)7+#<'J4+;$"%>L+#<'J4+;$"%>+(8'(+%6+())+)$>L+)<+"6%*=+'*+%*&)<<4&(+(9H4+);+#<'J4+;$"%>+&'*+&'"64+#<'J4
:'$;"*&(%)*6+)<+<4>"&4>+#<'J%*=+H)74<B
● K'@4+(84+#<'J4+696(4:+'*>+#<'J4+;$"%>+$4@4$+&84&J4>+<4="$'<$9B
● K'@4+(84+#<'J4+;$"%>+&8'*=4>+<4="$'<$9B
● !$'&%*=+'+84'@9+$)'>+)*+(84+#<'J46+784*+(84+#<'J4+;$"%>+%6+)$>+&'*+&'"64+@'H)<+$)&J+()+;)<:+%*
(84+;$"%>B+X'H)<+$)&J+<4>"&46+(84+#<'J%*=+H)74<L+%*&<4'646+(84+#<'J%*=+>%6('*&4+&)*6%>4<'#$9L
'*>+&'*+$4'>+()+'+()('$+;'%$"<4+);+(84+#<'J4+696(4:B
● [4+6"<4+()+"64+(84+&)<<4&(+#<'J4+;$"%>B+G*$9+"64+#<'J4+;$"%>+(8'(+45H<466$9+&)*;)<:6+()+(84+XC
6('*>'<>+\PN+NZB
● .*9+)(84<+#<'J4+;$"%>+)<+#<'J4+;$"%>+(8'(+%6+*)(+8%=8,I"'$%(9+&'*+%:H'%<+(84+#<'J%*=+;"*&(%)*+'*>
<4>"&4+(84+#<'J%*=+4;;4&(B
● D;+#<'J4+;$"%>+(8'(+&)*;)<:6+()+(84+XC+6('*>'<>+\PN+NZ+%6+*)(+'@'%$'#$4+'*>+%(+%6+'#6)$"(4$9+*4&,
466'<9+()+"64+'+>%;;4<4*(+#<'J4+;$"%>L+)*$9+"64+'+8%=8,I"'$%(9+#<'J4+;$"%>+(8'(+&)*;)<:6+()
-D/+DWG+Z`Q\+Eb.WW+]+)<+FW+6('*>'<>+RaXWW+NN]+-G3+ZB
● .*9+#<'J4+;$"%>+(8'(+%6+'>>4>+:"6(+#4+*47B

C.2/D/0
[<'J4+;$"%>+%6+H)%6)*)"6B
● 3)+<4>"&4+(84+<%6J+);+H)%6)*%*=L+*4@4<+6()<4+#<'J4+;$"%>+%*+#4@4<'=4+&)*('%*4<6+)<+)(84<+&)*('%*,
4<6B+.+H4<6)*+&)"$>+:%6('J4*$9+><%*J+;<):+(84+&)*('%*4<L+4@4*+%;+(84+&)*(4*(6+);+(84+&)*('%*4<
'<4+:'<J4>B
● .$7'96+6()<4+#<'J4+;$"%>+%*+(84+&$)64>+)<%=%*'$+&)*('%*4<+'*>+J44H+%(+)"(+);+(84+<4'&8+);+&8%$><4*B

/G3DE1
WH%$$4>+)<+$4'J%*=+#<'J4+;$"%>+>':'=46+@48%&$4+H'%*(+'*>+(%<46B+D::4>%'(4$9+7%H4+"H+'*9+6H%$$4>+)<
$4'J%*=+#<'J4+;$"%>+(8'(+&):46+%*()+&)*('&(+7%(8+@48%&$4+&):H)*4*(6B

[<'J4+;$"%>+&'*+H)$$"(4+(84+4*@%<)*:4*(B+E)$$4&(+6H%$$4>+#<'J4+;$"%>+'*>+>%6H)64+);+%(+&)<<4&($9B

RS(7(8$/59,$(4*..$%1

G#.%2C+9.52#

384+NQ+X+@48%&$4+#'((4<9+%6+'+&):H)*4*(+);+(84+4$4&(<%&'$+696(4:+'*>+6"HH$%46+@48%&$4+6';4(9+696,
(4:6+7%(8+4*4<=9B+-"<%*=+:'%*(4*'*&4+H<)&4>"<46L+(84+NQ+X+@48%&$4+#'((4<9+%6+&84&J4>+'*>+<4,
H$'&4>+%;+*4&466'<9B
n)"+:'9+)*$9+H4<;)<:+H<)&4>"<46+)*+(84+4$4&(<%&'$+696(4:+9)"<64$;+%;+9)"+'<4+;':%$%'<+7%(8+(84
*4&466'<9+H<)&4>"<46+'*>+(84+=4*4<'$+6';4(9+H<4&'"(%)*6L+'*>+%;+(84+&)<<4&(+4I"%H:4*(+'*>+)H4<,
'(%*=+;$"%>6+'*>+6"%('#$4+())$6+'<4+'@'%$'#$4B+C)<J+H4<;)<:4>+%*&)<<4&($9+&'*+<46"$(+%*+64<%)"6+%*,
A"<%46+M+ B+K'@4+'$$+7)<J+H4<;)<:4>+#9+I"'$%;%4>+H<);466%)*'$6B+X)$J67'=4*+<4&)::4*>6+&)*,
('&(%*=+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B
D*;)<:'(%)*+'#)"(+7'<*%*=+'*>+%*>%&'()<+$%=8(6+&'*+#4+;)"*>+%*+(84+6)$"(%)*6+64&(%)*+'(+(84+4*>
);+(84+&8'H(4<+UM+NQ,X+@48%&$4+#'((4<9L+R.eV B

RS(7(8$/59,$(4*..$%1(,29*.52#
384+NQ+X+@48%&$4+#'((4<9+%6+$)&'(4>+%*+(84+4*=%*4+&):H'<(:4*(B

A$.*5,$C("*%#5#6'(32%(./$(RS(7(8$/59,$(4*..$%1
.$7'96+74'<+494+H<)(4&(%)*B

['((4<9+'&%>+%6+8%=8$9+&)<<)6%@4B+.$7'96+74'<+H<)(4&(%@4+=$)@46+'*>
494+H<)(4&(%)*B

R%<4L+6H'<J6L+)H4*+;$':4L+'*>+6:)J%*=+'<4+;)<#%>>4*B

.+8%=8$9+45H$)6%@4+:%5("<4+);+='646+;)<:6+784*+&8'<=%*=+(84+NQ+X+@4,
8%&$4+#'((4<9B

.$7'96+J44H+&8%$><4*+'7'9+;<):+#'((4<9+'&%>+'*>+(84+NQ+X+@48%&$4
#'((4<9B

.$7'96+;)$$)7+(84+%*6(<"&(%)*6+%*+(84+G7*4<d6+a'*"'$B

C.2/D/0
!4<;)<:%*=+7)<J+)*+(84+NQ+X+@48%&$4+#'((4<9+'*>+(84+4$4&(<%&'$+696(4:+&'*+&'"64+64<%)"6+%*,
A"<%46L+;%<46L+)<+4$4&(<%&+68)&J6B+.$7'96+<4'>+'*>+;)$$)7+(84+;)$$)7%*=+7'<*%*=6+'*>+6';4(9+H<4,
&'"(%)*6+#4;)<4+H4<;)<:%*=+'*9+H<)&4>"<46T
● [4;)<4+H4<;)<:%*=+'*9+7)<J+)*+(84+NQ+X+@48%&$4+#'((4<9L+67%(&8+);;+(84+%=*%(%)*+'*>+'$$+4$4&,
(<%&'$+4I"%H:4*(+'*>+>%6&)**4&(+(84+NQ+X+#'((4<9+*4='(%@4+&'#$4B
● .$7'96+J44H+&8%$><4*+'7'9+;<):+#'((4<9+'&%>+'*>+(84+NQ+X+@48%&$4+#'((4<9B
● .$7'96+74'<+494+H<)(4&(%)*+'*>+6';4(9+=$)@46B
● ['((4<9+'&%>+%6+8%=8$9+&)<<)6%@4B+D(+&'*+#"<*+6J%*+'*>+&'"64+#$%*>*466B+C84*+8'*>$%*=+NQ+X
@48%&$4+#'((4<%46L+'$7'96+H<)(4&(+(84+8'*>6L+'<:6L+'*>+;'&4+;<):+6H<'9%*=+#'((4<9+'&%>B
● -)+*)(+6:)J4+78%$4+7)<J%*=+'*>+*4@4<+7)<J+*4'<+)H4*+;$':46+)<+6H'<J6B
● .@)%>+&<4'(%*=+6H'<J6+784*+7)<J%*=+7%(8+7%<46+'*>+4$4&(<%&'$+4I"%H:4*(+)<+784*+>%6&8'<=,
%*=+6('(%&+4$4&(<%&%(9B
● /4@4<+68)<(+&%<&"%(+(84+#'((4<9+(4<:%*'$6B
● /4@4<+"64+'+>':'=4>+NQ+X+@48%&$4+#'((4<9B+D(+&)"$>+45H$)>4B+.$7'96+<4H$'&4+(84+NQ+X+@48%&$4
#'((4<9+%;+%(+%6+>':'=4>B
● /4@4<+"64+'+;<)?4*+NQ+X+@48%&$4+#'((4<9B+.+><'%*4>+NQ+X+@48%&$4+#'((4<9+&'*+;<44?4+'(+(4:H4<,
'("<46+'<)"*>+OQ+kR+UP+kEVB+.$7'96+<4H$'&4+(84+NQ+X+@48%&$4+#'((4<9+%;+%(+;<44?46B
/G3DE1
/4@4<+45H)64+(84+NQ+X+@48%&$4+#'((4<9+()+>%<4&(+6"*$%=8(+;)<+'+$)*=+H4<%)>+);+(%:4B
● 384+FX+<'96+&'*+>':'=4+(84+#'((4<9+8)"6%*=B

/G3DE1
!<)(4&(+(84+NQ+X+@48%&$4+#'((4<9+'='%*6(+;<44?%*=+(4:H4<'("<46+%;+(84+@48%&$4+%6+H'<J4>+;)<+$)*=
H4<%)>6+);+(%:4B
● 384+NQ+X+@48%&$4+#'((4<9+&)"$>+g;<44?4h+'*>+#4+>46(<)94>B

.;(4<+6('<(%*=+(84+4*=%*4+784*+(84+NQ+X+@48%&$4+#'((4<9+%6+64@4<4$9+><'%*4>+)<+784*+%(+8'6
#44*+<4H$'&4>+)<+A":H,6('<(4>L+(84+696(4:+64((%*=6+U(%:4L+>'(4L+H4<6)*'$+&)*@4*%4*&4
64((%*=6L+'*>+H<)=<'::%*=V+'*>+"64<+H<);%$46+:'9+#4+&8'*=4>+)<+4<'64>B+E84&J+'*>+&)<,
<4&(+(84+64((%*=6+';(4<+(84+NQ+X+@48%&$4+#'((4<9+%6+6";;%&%4*($9+<4&8'<=4>B

E/$905#6(./$(RS(7(8$/59,$(4*..$%1(*95C(,$8$,

R%=B+
R%=B+NN+ GH4*+(84+&)@4<+)*+(84+NQ,@)$(+@48%&$4+#'((4<9+%*+(84+4*=%*4+&):H'<(:4*(B
R%=B+
R%=B+QQ+ C%*>)7+)*+(84+()H+);+(84+NQ+X+@48%&$4+#'((4<9+U=4*4<'$+45':H$4VB

E84&J+(84+'&%>+$4@4$+);+(84+NQ+X+@48%&$4+#'((4<9+<4="$'<$9+%;+:%$4'=4+%6+8%=8L+%*+&)"*(<%46+7%(8
7'<:+&$%:'(46L+)<+%;+(84+NQ+X+@48%&$4+#'((4<9+%6+)$>B+G(84<7%64L+(84+NQ+X+@48%&$4+#'((4<9+%6+:'%*(4,
*'*&4,;<44B
X48%&$4+7%(8+'*+'"5%$%'<9+84'(4<+UM+."5%$%'<9+84'(4<+'*>+@4*(%$'(%)*L+-46&<%H(%)*V +'*>+@48%&$46
7%(8+'+NQ,@)$(+@48%&$4+#'((4<9+%*+(84+$"=='=4+&):H'<(:4*(+8'@4+6H4&%'$+@48%&$4+#'((4<%46B+R)<
(4&8*%&'$+<4'6)*6L+%(+%6+*)(+H)66%#$4+()+&84&J+(84+'&%>+$4@4$+%*+(8464+NQ,@)$(+@48%&$4+#'((4<%46B+3)
8'@4+(84+NQ,@)$(+@48%&$4+#'((4<9+&84&J4>L+&)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>
X)$J67'=4*+W4<@%&4+R'&%$%(9B

O%$=*%*.52#'
— !<4H'<4+(84+@48%&$4+;)<+7)<J+%*+(84+4*=%*4+&):H'<(:4*(+UM+D*+(84+4*=%*4+&):H'<(:4*(L+-4,
6&<%H(%)*V B
— GH4*+(84+8))>+ +UM+D*+(84+4*=%*4+&):H'<(:4*(L+GH4<'(%)*V B

!=$#5#6(./$(928$%(2#(./$(RSM82,.(8$/59,$(4*..$%1
GH4* +(84+&)@4<+%*+(84+>%<4&(%)*+);+(84+'<<)7+M+;%=B+N B
E$)64 +(84+&)@4<+%*+(84+)HH)6%(4+>%<4&(%)*+()+(84+'<<)7+M+;%=B+N B

E/$905#6(./$(4*..$%1(*95C(,$8$,(
E/$905#6(./$(4*..$%1(*95C(,$8$,(HRS(7(8$/59,$(4*..$%5$'("5./
HRS(7(8$/59,$(4*..$%5$'("5./
"5#C2"I
— a'J4+6"<4+(84<4+%6+4*)"=8+$%=8(+()+&$4'<$9+644+(84+&)$)<+%*>%&'()<+%*+(84+&%<&"$'<+7%*>)7+)*+(84
()H+);+(84+NQ+X+@48%&$4+#'((4<9+U'<<)7V+M+;%=B+Q B+/4@4<+"64+)H4*+;$':46+)<+6:)$>4<%*=+)#A4&(6
()+H<)@%>4+$%=8(B
— 384+&)$)<+%*>%&'()<+%*+(84+&%<&"$'<+7%*>)7+&8'*=46+>4H4*>%*=+)*+(84+'&%>+$4@4$+%*+(84+NQ+X+@4,
8%&$4+#'((4<9B

b%=8(+94$$)7 +)<+&)$)<$466
384+NQ+X+@48%&$4+#'((4<9+'&%>+$4@4$+%6+())+$)7B+K'@4+(84+NQ+X+@48%&$4+#'((4<9+&84&J4>+'*>Y)<
<4H$'&4>+#9+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B
[$'&J
384+NQ+X+@48%&$4+#'((4<9+'&%>+$4@4$+%6+GSB

C.2/D/0
!4<;)<:%*=+7)<J+)*+(84+NQ+X+@48%&$4+#'((4<9+&'*+&'"64+64<%)"6+%*A"<%46L+45H$)6%)*6L+)<+4$4&(<%&
68)&J6B
● .$7'96+74'<+494+H<)(4&(%)*+'*>+6';4(9+=$)@46B
● ['((4<9+'&%>+%6+8%=8$9+&)<<)6%@4B+D(+&'*+#"<*+6J%*+'*>+&'"64+#$%*>*466B+C84*+8'*>$%*=+NQ+X
@48%&$4+#'((4<%46L+'$7'96+H<)(4&(+(84+8'*>6L+'<:6L+'*>+;'&4+;<):+6H<'9%*=+#'((4<9+'&%>B
● /4@4<+(%$(+(84+NQ+X+@48%&$4+#'((4<9B+.&%>+&'*+$4'J+)"(+);+(84+@4*(+)H4*%*=6+'*>+&'*+&'"64
&84:%&'$+#"<*6B
● /4@4<+)H4*+'+NQ+X+@48%&$4+#'((4<9B
● D;+#'((4<9+'&%>+&):46+%*()+&)*('&(+7%(8+(84+6J%*+)<+4946L+;$"68+(84+';;4&(4>+'<4'+%::4>%'(4$9
7%(8+&)$>+7'(4<+;)<+64@4<'$+:%*"(46B+384*+&)*6"$(+'+>)&()<+%::4>%'(4$9B
● E)*6"$(+'+>)&()<+%::4>%'(4$9+%;+#'((4<9+'&%>+%6+67'$$)74>B

E/*%65#6P(%$=,*95#6P(C5'92##$9.5#6P(2%(92##$9.5#6(./$(RS(7
8$/59,$(4*..$%1

D;+9)"+6"6H4&(+(8'(+(84+NQ+X+@48%&$4+#'((4<9+%6+>':'=4>+)<+:'$;"*&(%)*%*=L+644+'*+'"(8)<%?4>
X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+()+8'@4+(84+#'((4<9+%*6H4&(4>B

E/*%65#6(./$(RS(7(8$/59,$(4*..$%1
384+NQ+X+@48%&$4+#'((4<9+68)"$>+#4+&8'<=4>+#9+I"'$%;%4>+H<);466%)*'$6+#4&'"64+(84+#'((4<9+(8'(+%6
%*6('$$4>+'(+(84+;'&()<9+<4I"%<46+'+&8'<=%*=+H<)&466+784<4+(84+@)$('=4+%6+$%:%(4>+M+ B+X)$J67',
=4*+<4&)::4*>6+&)*('&(%*=+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4
R'&%$%(9B

@$=,*95#6(./$(RS(7(8$/59,$(4*..$%1
384+NQ+X+@48%&$4+#'((4<9+%6+>46%=*4>+()+;%(+(84+$)&'(%)*+784<4+%(+%6+%*6('$$4>+'*>+%6+4I"%HH4>+7%(8
6';4(9+;4'("<46B+D;+'+NQ+@+@48%&$4+#'((4<9+:"6(+#4+<4H$'&4>L+&84&J+7%(8+'*+'"(8)<%?4>+X)$J67'=4*
>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+()+;%*>+)"(+(84+4$4&(<):'=*4(%&+&):H'(%#%$%(9L
(84+6%?4L+(84+:'%*(4*'*&4L+H4<;)<:'*&4L+'*>+64&"<%(9+<4I"%<4:4*(6+;)<+(84+*47+NQ+X+@48%&$4+#'(,
(4<9B+384+@4*(+)H4*%*=+)*+(84+NQ+X+@48%&$4+#'((4<9+:"6(+'$7'96+#4+$)&'(4>+)*+(84+*4='(%@4+(4<:%,
*'$B+384+@4*(+)H4*%*=+)*+(84+H)6%(%@4+(4<:%*'$+6%>4+:"6(+#4+64'$4>B
G*$9+"64+'+:'%*(4*'*&4,;<44+NQ+X+@48%&$4+#'((4<9+(8'(+&)*;)<:6+()+(84+3b+_Q\+P]+'*>
XC+^+\P+^O+6('*>'<>6B+38464+6('*>'<>6+:"6(+#4+;<):+G&()#4<+QPNZ+)<+$'(4<B
.$7'96+8'@4+(84+NQ+X+@48%&$4+#'((4<9+<4H$'&4>+#9+'+I"'$%;%4>+H<);466%)*'$+#4&'"64+(84+@48%&$4
4$4&(<%&'$+696(4:+:"6(+#4+'>'H(4>+'6+H'<(+);+(84+<4H$'&4:4*(B+G*$9+I"'$%;%4>+H<);466%)*'$6+8'@4
(84+*4&466'<9+4I"%H:4*(+()+H4<;)<:+(84+'>'H('(%)*+&)<<4&($9B+X)$J67'=4*+<4&)::4*>6+8'@%*=
(84+NQ+X+@48%&$4+#'((4<9+<4H$'&4>+#9+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*
W4<@%&4+R'&%$%(9B

A5'92##$9.5#6(./$(RS(7(8$/59,$(4*..$%1
D;+(84+NQ+X+@48%&$4+#'((4<9+:"6(+#4+>%6&)**4&(4>+;<):+(84+@48%&$4+4$4&(<%&'$+696(4:L+*)(4+(84
;)$$)7%*=T
— W7%(&8+);;+'$$+4$4&(<%&'$+4I"%H:4*(+'*>+(84+%=*%(%)*B
— F*$)&J+(84+@48%&$4+#4;)<4+>%6&)**4&(%*=+(84+#'((4<9B+G(84<7%64L+(84+'*(%,(84;(+'$'<:+696(4:
7%$$+#4+(<%==4<4>B
— -%6&)**4&(+(84+*4='(%@4+&'#$4+;%<6(L+'*>+(84*+(84+H)6%(%@4+&'#$4+M+ B

E2##$9.5#6(./$(RS(7(8$/59,$(4*..$%1
— W7%(&8+);;+'$$+4$4&(<%&'$+4I"%H:4*(+'*>+(84+%=*%(%)*+#4;)<4+<4&)**4&(%*=+(84+NQ+X+@48%&$4
#'((4<9B
— E)**4&(+(84+H)6%(%@4+&'#$4+;%<6(L+'*>+(84*+(84+*4='(%@4+&'#$4+M+ B

X'<%)"6+%*>%&'()<+$%=8(6+:'9+("<*+)*+';(4<+&)**4&(%*=+(84+NQ+X+@48%&$4+#'((4<9+'*>+67%(&8%*=+(84
%=*%(%)*+)*B+3849+7%$$+("<*+);;+';(4<+><%@%*=+'+68)<(+>%6('*&4+'(+'+6H44>+);+'HH<)5%:'(4$9+NP+,+NQ
:H8+UN\+,+QP+J:Y8VB+D;+(84+%*>%&'()<+$%=8(6+>)+*)(+("<*+);;L+644+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<
)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+()+8'@4+(84+@48%&$4+&84&J4>B
D;+(84+NQ+X+@48%&$4+#'((4<9+7'6+>%6&)**4&(4>+;)<+'+$)*=+H4<%)>+);+(%:4L+(84+*45(+6&84>"$4>+:'%*,
(4*'*&4+:'9+*)(+>%6H$'9+&)<<4&($9+)<+%(+:'9+*)(+#4+&'$&"$'(4>+&)<<4&($9+UM+D*6(<":4*(+&$"6(4<L+-4,
6&<%H(%)*V B+R)$$)7+(84+:'5%:":+H4<:%66%#$4+:'%*(4*'*&4+%*(4<@'$+UM+a'%*(4*'*&4L+-46&<%H(%)*V B
X48%&$46+7%(8+S49$466+.&&466 +UM+S49$466+.&&466L+-46&<%H(%)*V T+%;+(84+%=*%(%)*+&'**)(+#4+67%(&84>
)*+';(4<+&)**4&(%*=+(84+NQ+X+@48%&$4+#'((4<9L+$)&J+'*>+"*$)&J+(84+@48%&$4+;<):+(84+)"(6%>4B+384*
(<9+()+67%(&8+(84+%=*%(%)*+)*+'='%*B+D;+(84+%=*%(%)*+7%$$+*)(+67%(&8+)*L+644+'*+'"(8)<%?4>+X)$J67',
=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+;)<+'66%6('*&4B

:+.2>*.59($[+5=>$#.(C$*9.58*.52#
D;+(84+NQ+X+@48%&$4+#'((4<9+%6+"*>4<+'+84'@9+$)'>L+(84+%*(4$$%=4*(+H)74<+:'*'=4:4*(+7%$$+'"(),
:'(%&'$$9+#4=%*+&4<('%*+:4'6"<46+()+H<4@4*(+(84+NQ+X+@48%&$4+#'((4<9+;<):+><'%*%*=T
— 384+%>$4+6H44>+7%$$+#4+%*&<4'64>+6)+(8'(+(84+'$(4<*'()<+>4$%@4<6+:)<4+H)74<B
— D;+*4&466'<9L+4I"%H:4*(+(8'(+"646+'+$)(+);+H)74<+7%$$+8'@4+%(6+H4<;)<:'*&4+$%:%(4>+)<+7%$$+#4
67%(&84>+);;B
— 384+H)74<+6"HH$9+()+(84+NQ+X+6)&J4(+'*>+(84+&%='<4((4+$%=8(4<+7%$$+#4+%*(4<<"H(4>+(4:H)<'<%$9
784*+(84+4*=%*4+%6+6('<(4>B
384+H)74<+:'*'=4:4*(+&'**)(+'$7'96+H<4@4*(+(84+NQ+X+@48%&$4+#'((4<9+;<):+#4%*=+><'%*4>B+R)<
45':H$4L+(84+#'((4<9+&)"$>+#4+><'%*4>+%;+(84+%=*%(%)*+%6+$4;(+)*+;)<+$)*=+H4<%)>6+);+(%:4+784*+(84
4*=%*4+%6+6()HH4>+)<+%;+(84+@48%&$4+%6+H'<J4>+;)<+$)*=+H4<%)>6+);+(%:4+7%(8+(84+H'<J%*=+$%=8(6+)*B

RS(7(8$/59,$(4*..$%1(C%*5#5#6
— D;+(84+@48%&$4+%6+H'<J4>+;)<+$)*=+H4<%)>6+);+(%:4+7%(8)"(+<"**%*=+(84+4*=%*4L+46H4&%'$$9+%;+(84
%=*%(%)*+%6+)*B
— D;+4$4&(<%&'$+4I"%H:4*(+%6+"64>+784*+(84+4*=%*4+%6+6()HH4>B
— C84*+'"5%$%'<9+84'(%*=+%6+)*+UM+."5%$%'<9+84'(4<+'*>+@4*(%$'(%)*L+-46&<%H(%)*V B

C.2/D/0
W4&"<%*=+(84+@48%&$4+#'((4<9+%*&)<<4&($9+)<+"6%*=+(84+7<)*=+NQ+X+@48%&$4+#'((4<9+&'*+&'"64+68)<(
&%<&"%(6L+;%<46L+'*>+64<%)"6+%*A"<%46B
● .$7'96+"64+:'%*(4*'*&4,;<44+'*>+$4'J,H<));+NQ+X+@48%&$4+#'((4<%46+(8'(+8'@4+(84+6':4+&8'<,
'&(4<%6(%&6L+6H4&%;%&'(%)*6L+'*>+>%:4*6%)*6+'6+(84+NQ+X+@48%&$4+#'((4<9+(8'(+7'6+%*6('$$4>+'(
(84+;'&()<9B

C.2/D/0
.+8%=8$9+45H$)6%@4+:%5("<4+);+89><)=4*+='6+&'*+;)<:+784*+&8'<=%*=+(84+NQ+X+@48%&$4+#'((4<9B
● G*$9+&8'<=4+NQ+X+@48%&$4+#'((4<%46+%*+74$$,@4*(%$'(4>+'<4'6B
● /4@4<+&8'<=4+'+;<)?4*+)<+(8'74>+NQ+X+@48%&$4+#'((4<9B+.+><'%*4>+NQ+X+@48%&$4+#'((4<9+&'*
;<44?4+'(+(4:H4<'("<46+'<)"*>+OQ+kR+UP+kEVB
● .$7'96+<4H$'&4+(84+NQ+X+@48%&$4+#'((4<9+%;+%(+;<44?46B
● E'#$46+(8'(+'<4+&)**4&(4>+%*&)<<4&($9+&'*+&'"64+'+68)<(+&%<&"%(B+E)**4&(+(84+H)6%(%@4+&'#$4
;%<6(+'*>+(84*+(84+*4='(%@4+&'#$4B

/G3DE1
● /4@4<+&)**4&(+)<+>%6&)**4&(+(84+NQ+X+@48%&$4+#'((4<%46+784*+(84+%=*%(%)*+%6+)*+)<+(84+4*=%*4
%6+<"**%*=B+.$6)L+*4@4<+"64+'+NQ+X+@48%&$4+#'((4<9+(8'(+>)46+*)(+&)*;)<:+()+(84+@48%&$4+6H4&%,
;%&'(%)*6B+384+4$4&(<%&'$+696(4:+)<+4$4&(<%&'$+&):H)*4*(6+&)"$>+#4+>':'=4>+'*>+4$4&(<%&'$
:'$;"*&(%)*6+&)"$>+<46"$(B
● /4@4<+&)**4&(+'&&466)<%46+(8'(+H<)@%>4+H)74<L+6"&8+'6+6)$'<+H'*4$6+)<+#'((4<9+&8'<=4<6L+()
(84+NQ+X+6)&J4(+)<+(84+&%='<4((4+$%=8(4<+%*+)<>4<+()+&8'<=4+(84+NQ+X+@48%&$4+#'((4<9B+384+@48%,
&$4+4$4&(<%&'$+696(4:+&)"$>+#4+>':'=4>B

NQ+X+@48%&$4+#'((4<%46+&'*+&)*('%*+()5%&+6"#6('*&46+6"&8+'6+6"$;"<%&+'&%>+'*>+$4'>B+-%6H)64+);
NQ+X+@48%&$4+#'((4<%46+&)<<4&($9B

['((4<9+'&%>+&'*+H)$$"(4+(84+4*@%<)*:4*(B+E)$$4&(+6H%$$4>+#'((4<9+'&%>+'*>+>%6H)64+);+%(
&)<<4&($9B

K%2+4,$'/22.5#6

(:,.$%#*.2%(>*,3+#9.52#
384+<4>+%*>%&'()<+$%=8(+&):46+)*B
384+NQ+X+@48%&$4+#'((4<9+%6+*)(+#4%*=+&8'<=4>+#9+(84+'$(4<*'()<+78%$4+><%@%*=B
— 3"<*+);;+4$4&(<%&'$+4I"%H:4*(+(8'(+%6+*)(+*44>4>B
— W44+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B
— K'@4+(84+4$4&(<%&'$+696(4:+%*6H4&(4>B

384+6('<(,6()H+696(4:+&'**)(+6('<(+(84+4*=%*4+UM+W('<(,6()H+696(4:L+-46&<%H(%)*V B

keM82,.(4*..$%1

.##B+
.##B+NN+

N /4@4<+45H)64+(84+Z_,@)$(+#'((4<9+()+;%<4L+6H'<J6+)<+)H4*+;$':46B
Q a)<4+%*;)<:'(%)*+'*>+7'<*%*=6+&'*+#4+;)"*>+%*+(84+G7*4<d6+a'*"'$+'*>+%*+(84+7)<J68)H
%*;)<:'(%)*B
O .$7'96+J44H+(84+Z_,@)$(+#'((4<9+'7'9+;<):+&8%$><4*B
Z -':'=4+()+(84+Z_,@)$(+#'((4<9+&'*+&'"64+$%I"%>6+()+$4'J+)"(+'*>+:'9+<46"$(+%*+8%=8$9+&)<<)6%@4
'&%>6+#4%*=+;)<:4>B+.$7'96+8'*>$4+(84+Z_,@)$(+#'((4<9+7%(8+&'<4B
\ .$7'96+4*6"<4+(8'(+64<@%&%*=+7)<J+)*+(84+8%=8,@)$('=4+#'((4<9+%6+)*$9
)*$9+&'<<%4>+)"(+#9+6"%('#$9
I"'$%;%4>+'*>+(<'%*4>+6H4&%'$%6(+H4<6)**4$+ B
] 3'J4+&'<4+784*+8'*>$%*=+;$'::'#$4+:'(4<%'$6B

384+@48%&$4+:'9+#4+4I"%HH4>+7%(8+'+Z_,@)$(+#'((4<9+%*+'>>%(%)*+()+(84+NQ,@)$(+@48%&$4+#'((4<9B
.$7'96+4*6"<4+(8'(+'$$+7)<J+)*+(84+Z_,@)$(+696(4:+%6+)*$9+&'<<%4>+)"(+#9+'*+'"(8)<%?4>+X)$J67'=4*
>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+7%(8+6"%('#$9+I"'$%;%4>+'*>+(<'%*4>+6H4&%'$%6(+H4<6)*,
*4$+%*+'&&)<>'*&4+7%(8+X)$J67'=4*+="%>4$%*46B

!8$%85$"(23(./$(keM82,.('1'.$>
384+Z_,@)$(+696(4:+&)*6%6(6+);+(84+;)$$)7%*=+&):H)*4*(6L+':)*=+)(84<6T
— Z_,@)$(+#'((4<9B
— !)74<+4$4&(<)*%&6B
— !"<H$4+Z_,@)$(+&'#$46+'*>+&)**4&()<6B

-*%#5#6('56#'(2#(./$(keM82,.(4*..$%1
.+7'<*%*=+6%=*+(8'(+%*>%&'(46+>'*=4<6+%6+$)&'(4>+)*+(84+Z_,@)$(+#'((4<9+M+;%=B+N B

C.2/D/0
D:H<)H4<+8'*>$%*=+);+(84+Z_,@)$(+#'((4<9+&)"$>+<46"$(+%*+64<%)"6+%*A"<%46+)<+>4'(8B
● .$7'96+4*6"<4+(8'(+64<@%&%*=+7)<J+)*+(84+Z_,@)$(+#'((4<9+%6+)*$9
)*$9+&'<<%4>+)"(+#9+6"%('#$9+I"'$%,
;%4>+'*>+(<'%*4>+6H4&%'$%6(+H4<6)**4$B
● /4@4<+:'J4+:)>%;%&'(%)*6+()+(84+Z_,@)$(+#'((4<9B

C.2/D/0
384+Z_,@)$(+#'((4<9+:"6(+*4@4<+#4+'$$)74>+()+&):4+%*()+&)*('&(+7%(8+7'(4<+)<+)(84<+$%I"%>6B
● +b%I"%>6+&)"$>+&'"64+68)<(+&%<&"%(6L+4$4&(<%&+68)&J6+'*>+#"<*6B

K%2+4,$'/22.5#6

(ke(7(8$/59,$($,$9.%59*,('1'.$>b(F*3$,1('.2=(./$(8$/59,$b(E2#'+,.
./$()*#+*,b
384+<4>+%*>%&'()<+$%=8(+&):46+)*+78%$4+><%@%*=B
384+&8'<=4+$4@4$+);+(84+Z_,@)$(+@48%&$4+#'((4<9+%6+%*6";;%&%4*(B
— W';4$9+H'<J+(84+@48%&$4B
— W7%(&8+(84+%=*%(%)*+);;B
— W7%(&8+(84+%=*%(%)*+#'&J+)*B
— 384+94$$)7+%*>%&'()<+$%=8(+("<*6+)*B
— b4'@4+(84+4*=%*4+<"**%*=+"*(%$+(84+7'<*%*=+$%=8(+=)46+)"(B+G*$9+:)@4+);;+)*&4+(84+7'<*%*=
$%=8(+%6+*)+$)*=4<+$%(B

D;+(84+<4>+7'<*%*=+$%=8(+>)46+*)(+=)+)"(L+&)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>
X)$J67'=4*+W4<@%&4+R'&%$%(9B
(ke(7(8$/59,$($,$9.%59*,('1'.$>b(O,$*'$(C2(#2.(>28$(233b(E2#M
'+,.(./$()*#+*,b
D*+(8%6+6('("6L+(84+94$$)7+%*>%&'()<+$%=8(+&):46+)*B
384+&8'<=4+$4@4$+);+(84+Z_,@)$(+@48%&$4+#'((4<9+%6+%*6";;%&%4*(B
— -)+*)(+:)@4+);;+7%(8+(84+@48%&$4B
— b4'@4+(84+4*=%*4+<"**%*=+"*(%$+(84+7'<*%*=+$%=8(+=)46+)"(B
— +G*$9+:)@4+);;+)*&4+(84+7'<*%*=+$%=8(+%6+*)+$)*=4<+$%(B

D;+(84+94$$)7+7'<*%*=+$%=8(+>)46+*)(+=)+)"(L+&)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8),
<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B

-/$$,'(*#C(.5%$'

K5%$(O%$''+%$()2#5.2%5#6(F1'.$>(HKO)FI

G#.%2C+9.52#

384+3%<4+!<466"<4+a)*%()<%*=+W96(4:+U3!aWV+7'<*6+(84+><%@4<+%;+(%<4+H<466"<46+'<4+())+$)7B

384+;)$$)7%*=+3%<4+!<466"<4+a)*%()<%*=+W96(4:6+U3!aWV+'<4+'@'%$'#$4+;)<+(8%6+@48%&$4T

K5%$(=%$''+%$(>2#5.2%5#6(5#C59*.2%
— a)*%()<6+@'<%)"6+H'<':4(4<6+U%*&$">%*=+<)$$%*=+&%<&":;4<4*&4V+);+'$$+;)"<+(%<46+"6%*=+.[W+64*,
6)<6+U%*>%<4&(+:4'6"<4:4*(6V+78%$4+(84+@48%&$4+%6+%*+:)(%)*B

384+<4;4<4*&4+H<466"<4+;)<+(84+3%<4+!<466"<4+a)*%()<%*=+W96(4:+%6+(84+<4&)::4*>4>+(%<4+H<466"<4
;)<+(84+(%<46+%*6('$$4>+'(+(84+;'&()<9+784*+(84+(%<46+'<4+&)$>+'(+:'5%:":+$)'>B+384+<4;4<4*&4+H<46,
6"<4+&)<<46H)*>6+()+(84+>4('%$6+)*+(84+(%<4+H<466"<4+$'#4$+UM+D*(<)>"&(%)*Y=4*4<'$+%*;)<:'(%)*L
3%<4+H<466"<4V B
D;+(84+(%<4+H<466"<4+8'6+#44*+&)<<4&($9+'>A"6(4>+)*+'$$+;)"<+(%<46L+(84+3%<4+!<466"<4+b)66+D*>%&'()<
:"6(+#4+<4,&'$%#<'(4>+UM+R"*&(%)*L+3%<4+!<466"<4+a)*%()<%*=+W96(4:V B+38%6+'>'H(6+(84+<4;4<4*&4
H<466"<4+()+(84+&"<<4*(+(%<4+H<466"<4B
C.2/D/0
384+%*(4$$%=4*(+(4&8*)$)=9+);+(84+3%<4+!<466"<4+a)*%()<%*=+W96(4:+U3!aWV+&'**)(+)@4<&):4+(84
*'("<'$+$'76+);+H896%&6+'*>+%(+&'*+)*$9+)H4<'(4+7%(8%*+(84+$%:%(6+);+(84+696(4:B+K'*>$%*=+7844$6
'*>+(%<46+%*&)<<4&($9+&'*+<46"$(+%*+'+6">>4*+$)66+);+(%<4+H<466"<4L+(<4'>+64H'<'(%)*L+'*>+<"H("<4>
(%<46B
● E84&J+(84+(%<4+H<466"<4+<4="$'<$9+'*>+:'%*('%*+(84+6H4&%;%4>+@'$"46+UM+3%<4+H<466"<4L+D*(<),
>"&(%)*Y=4*4<'$+%*;)<:'(%)*V B+D;+(84+(%<4+H<466"<4+%6+())+$)7L+(84+(%<4+&'*+84'(+"H+6)+:"&8
(8'(+(84+(<4'>+64H'<'(46+)<+(84+(%<4+<"H("<46B
● .$7'96+%*;$'(4+(84+(%<46+()+(84+&)<<4&(+(%<4+H<466"<4+784*+(84+(%<46+'<4+&)$>+'&&)<>%*=+()+(84
(%<4+H<466"<4+$'#4$+UM+3%<4+H<466"<4L+D*(<)>"&(%)*Y=4*4<'$+%*;)<:'(%)*V B
● E84&J+(84+(%<4+H<466"<4+<4="$'<$9+784*+(84+(%<46+'<4+&)$>B+D;+*4&466'<9L+'>A"6(+(84+(%<4+H<46,
6"<4+784*+(84+(%<46+'<4+&)$>+6)+(8'(+%(+%6+6"%('#$4+;)<+(84+(%<46+%*6('$$4>+)*+9)"<+@48%&$4+UM
3%<4+H<466"<4L+D*(<)>"&(%)*Y=4*4<'$+%*;)<:'(%)*V B
● E84&J+(%<46+<4="$'<$9+;)<+6%=*6+);+74'<+)<+>':'=4B
● /4@4<+45&44>+(84+:'5%:":+H4<:%66%#$4+6H44>+'*>+(%<4+$)'>+(8'(+'<4+6H4&%;%4>+;)<+(84+(%<46
:)"*(4>+)*+9)"<+@48%&$4B

b)7+(%<4+H<466"<4+%*&<4'646+;"4$+&)*6":H(%)*+'*>+(%<4+74'<B

/47+(%<46+:'9+45H'*>+6$%=8($9+(84+;%<6(+(%:4+(849+'<4+><%@4*+'(+8%=8+6H44>6L+78%&8+&'*
(<%==4<+'+(%<4+H<466"<4+7'<*%*=B

G*$9+<4H$'&4+)$>+(%<46+7%(8+(%<46+(8'(+8'@4+#44*+'HH<)@4>+#9+X)$J67'=4*+;)<+(84+@48%&$4
:)>4$B

-)+*)(+<4$9+)*+(84+3%<4+!<466"<4+a)*%()<%*=+W96(4:+U3!aWV+'$)*4B+D*6H4&(+(84+(%<46+<4=",
$'<$9+()+:'J4+6"<4+(84+(%<4+H<466"<4+%6+&)<<4&(+'*>+&84&J+(84+(%<46+;)<+'*9+6%=*6+);+>':'=4L
6"&8+'6+H"*&("<46L+&"(6L+&<'&J6L+#$%6(4<6L+4(&B+24:)@4+'*9+)#A4&(6+6("&J+%*+(84+(<4'>+'6
$)*=+'6+(849+8'@4+*)(+H"*&("<4>+(84+%*6%>4+);+(84+(%<4B

K5%$(O%$''+%$()2#5.2%5#6(F1'.$>

?+#9.52#(C$'9%5=.52#
F6%*=+(84+.[W+64*6)<6L+(84+3%<4+!<466"<4+a)*%()<%*=+W96(4:+&):H'<46+7844$+6H44>+'*>+(8"6+(84
<)$$%*=+&%<&":;4<4*&4+);+(84+%*>%@%>"'$+(%<46B

384+3%<4+!<466"<4+a)*%()<%*=+W96(4:+7%$$+*)(+7)<J+%;+(84+1WE+)<+(84+.[W+%6+:'$;"*&(%)*,
%*=+UM+[<'J%*=+'66%6('*&4+696(4:6L+R.eV B

K/$(%2,,5#6(95%9+>3$%$#9$(9*#(9/*#6$(53X
— 384+(%<4+H<466"<4+8'6+&8'*=4>
— 384+(%<4+H<466"<4+%6+())+$)7
— 384+(%<4+8'6+6(<"&("<'$+>':'=4
— G*4+6%>4+);+(84+@48%&$4+8'6+'+84'@%4<+$)'>+(8'*+(84+)(84<
— W*)7+&8'%*6+'<4+%*6('$$4>+)*+(84+(%<46
— .+&):H'&(+6H'<4+7844$+8'6+#44*+%*6('$$4>
— G*$9+)*4+7844$+7'6+<4H$'&4>+)*+4'&8+'5$4

384+3%<4+!<466"<4+a)*%()<%*=+W96(4:+ +:'9+#4+>4$'94>+)<+*)(+#4+>%6H$'94>+'(+'$$+784*+><%@%*=
7%(8+'+6H)<(9+6(9$4L+)*+7%*(4<+)<+"*H'@4>+<)'>6L+)<+784*+><%@%*=+7%(8+6*)7+&8'%*6B
384+3%<4+!<466"<4+a)*%()<%*=+W96(4:+68)76+'+&8'*=4+%*+(84+<)$$%*=+&%<&":;4<4*&4+);+(84+(%<46+@%'
(84+ +7'<*%*=+$%=8(+%*+(84+%*6(<":4*(+&$"6(4<B
384+<4&)::4*>4>+(%<4+H<466"<4+;)<+(84+(%<46+%*6('$$4>+'(+(84+;'&()<9+%6+6H4&%;%4>+)*+(84+(%<4+H<46,
6"<4+6(%&J4<+)*+(84+><%@4<+>))<+H%$$'<+UM+D*(<)>"&(%)*Y=4*4<'$+%*;)<:'(%)*L+3%<4+H<466"<4V B
384+(%<4+H<466"<4+);+'$$+(%<46L+%*&$">%*=+(84+6H'<4+7844$+)<+(4:H)<'<9+6H'<4+7844$L+:"6(+#4
&84&J4>+)*&4+'+:)*(8+784*+(84+(%<46+'<4+&)$>+'*>+:"6(+&)<<46H)*>+()+(84+@48%&$4+:'*";'&("<,
4<d6+6H4&%;%&'(%)*6+)*+(84+(%<4+H<466"<4+6(%&J4<B+D;+(84+6%?4+);+(84+(%<46+%*6('$$4>+'(+(84+;'&()<9+>%;,
;4<6+;<):+(84+>4('%$6+)*+(84+(9H4+H$'(4+)<+)*+(84+(%<4+H<466"<4+$'#4$L+(84+&)<<4&(+(%<4+H<466"<4+:"6(
#4+>4(4<:%*4>B
384+3%<4+!<466"<4+a)*%()<%*=+W96(4:+%6+*)(+%*(4*>4>+()+<4H$'&4+<4="$'<+%*6H4&(%)*+'*>+:'%*(4,
*'*&4+);+(84+(%<46B+384+><%@4<+%6+<46H)*6%#$4+;)<+4*6"<%*=+(8'(+(84+&)<<4&(+(%<4+H<466"<4+%6+"64>+'(
'$$+(%:46L+4@4*+%;+(84+3%<4+!<466"<4+a)*%()<%*=+W96(4:+%6+*)(+68)7%*=+'+7'<*%*=+(8'(+(84+(%<4+H<46,
6"<4+%6+())+$)7B
384+3%<4+!<466"<4+a)*%()<%*=+W96(4:+'$6)+8'6+'+>%6H$'9+;)<+'+:'$;"*&(%)*+(8'(+%6+'&&):H'*%4>+#9
(84+ +7'<*%*=+$%=8(B+D*+(84+4@4*(+);+'+:'$;"*&(%)*+%*+(84+3%<4+!<466"<4+a)*%()<%*=+W96(4:L+';(4<
67%(&8%*=+)*+(84+%=*%(%)*L+(84+ +7'<*%*=+$%=8(+#$%*J6+;)<+'<)"*>+)*4+:%*"(4+'*>+(84*+6('96+$%(B
D;+(84+3%<4+!<466"<4+a)*%()<%*=+W96(4:+>%6H$'96+'+:'$;"*&(%)*L+(84+(%<4+H<466"<4+&'**)(+#4+:)*%,
()<4>+&)<<4&($9B+.+:'$;"*&(%)*+%*+(84+3%<4+!<466"<4+a)*%()<%*=+W96(4:+&'*+8'@4+'+*":#4<+);+&'"6,
46L+4B=B+'+7844$+)<+'+(%<4+#4%*=+<4H$'&4>B+.;(4<+<4H$'&%*=+'+7844$+)<+(%<4L+9)"+:"6(+&84&J+784(84<
(84+ +7'<*%*=+$%=8(+>%6H$'96+'+696(4:+:'$;"*&(%)*+()+:'J4+6"<4+(8'(+(84+3%<4+!<466"<4+a)*%()<,
%*=+W96(4:+%6+7)<J%*=+H<)H4<$9+UM+R.eL+3%<4+!<466"<4+a)*%()<%*=+W96(4:V B

E*,54%*.5#6(./$(K5%$(O%$''+%$()2#5.2%5#6(F1'.$>
— W7%(&8+(84+%=*%(%)*+)*B
— D;+*4&466'<9L+67%(&8+)*+(84+D*;)('%*:4*(+696(4:B
— !4<6)*'$%?'(%)*T+W4$4&(+"64<+'*>+&)*;%<:+7%(8+(84+ GS +;"*&(%)*+J49B
— 3'H+(84+ X48%&$4 +;"*&(%)*+J49B
— 3'H+(84+ W('("6 +;"*&(%)*+J49B
— 3'H+(84+ W('("6 +;"*&(%)*+J49+U'(+(84+()HVB
— /'@%='(4+()+(84+;%*'$+:4*"B
— 3'H+(84+ W13 +;"*&(%)*+J49B
— D;+'$$+;)"<+(%<46+:44(+(84+<4I"%<4>+(%<4+H<466"<4+@'$"46L+('H+(84+ E)*;%<: +;"*&(%)*+J49B
— G2T
G2T+3'H+(84+ E'*&4$ +;"*&(%)*+J49+()+&'*&4$+(84+H<)&466B+384+&"<<4*(+(%<4+H<466"<4+%6+*)(+6'@4>
'*>+(84+696(4:+%6+*)(+<4H<)=<'::4>B

.;(4<+$)*=4<+(<%H6+U'(+$4'6(+QP+:%*"(46V+'*>+>%;;4<4*(+@48%&$4+6H44>6L+(84+696(4:+'>'H(6+()+(84
*47+@'$"46+'*>+:)*%()<6+(84:B
384+3%<4+!<466"<4+a)*%()<%*=+W96(4:+:"6(+#4+<4&'$%#<'(4>+"*>4<+(84+;)$$)7%*=+&)*>%(%)*6T
— D;+(84+(%<4+H<466"<46+74<4+'>A"6(4>B
— D;+)*4+)<+:)<4+7844$6+74<4+&8'*=4>B
— D;+(84+7844$6+74<4+<)('(4>L+;)<+45':H$4+;<):+;<)*(+()+<4'<B

384+3%<4+!<466"<4+a)*%()<%*=+W96(4:+:"6(+)*$9+#4+<4&'$%#<'(4>+%;+'$$+(%<46+'<4+%*;$'(4>+()+(84+&)<,
<4&(+H<466"<4+784*+(849+'<4+&)$>B+D*+)<>4<+()+:4'6"<4+(84+(%<4+H<466"<4+)*+&)$>+(%<46L+(84+@48%&$4
:"6(+#4+$4;(+()+6('*>+;)<+O+8)"<6+)<+)*$9+#4+><%@4*+6$)7$9+)@4<+68)<(+>%6('*&46+>"<%*=+(8%6+(%:4B

.;(4<+#4%*=+7'<*4>+'#)"(+'+$)7+(%<4+H<466"<4L+67%(&8+(84+%=*%(%)*+);;+'*>+#'&J+)*B+384
3%<4+!<466"<4+a)*%()<%*=+W96(4:+&'*+)*$9+#4+<4&'$%#<'(4>+';(4<+(8%6+%6+>)*4B

K%2+4,$'/22.5#6(./$(K5%$(O%$''+%$()2#5.2%5#6(F1'.$>

(K5%$(=%$''+%$(,2"
384+94$$)7+%*>%&'()<+$%=8(+("<*6+)*B
384+(%<4+H<466"<4+);+)*4+)<+:)<4+(%<46+8'6+>4&<4'64>+)<+(84+(%<4+%6+6(<"&("<'$$9+>':'=4>B
— +-)+*)(+&)*(%*"4+><%@%*=i
-)+*)(+&)*(%*"4+><%@%*=i
— E84&J+'*>+&)<<4&(+'$$+(%<4+H<466"<46+UM+3%<4+H<466"<4L+D*(<)>"&(%)*Y=4*4<'$+%*;)<:'(%)*V B
— 24H$'&4+>':'=4>+(%<46B
— 24&'$%#<'(4+(84+3%<4+!<466"<4+a)*%()<%*=+W96(4:+UM+3%<4+!<466"<4+a)*%()<%*=+W96(4:L
R"*&(%)*V B
— D;+(84+:'$;"*&(%)*+&)*(%*"46L+&)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67',
=4*+W4<@%&4+R'&%$%(9B

(K5%$(O%$''+%$()2#5.2%5#6(F1'.$>(>*,3+#9.52#
384+%*>%&'()<+$%=8(+;$'6846+;)<+'HH<)5%:'(4$9+)*4+:%*"(4+'*>+(84*+6('96+94$$)7B
384<4+%6+'+696(4:+:'$;"*&(%)*B
— +-)+*)(+&)*(%*"4+><%@%*=i
-)+*)(+&)*(%*"4+><%@%*=i
— W7%(&8+(84+%=*%(%)*+);;+'*>+#'&J+)*+'='%*B
— 24&'$%#<'(4+(84+3%<4+!<466"<4+a)*%()<%*=+W96(4:+UM+3%<4+!<466"<4+a)*%()<%*=+W96(4:L
R"*&(%)*V B
— D;+(84+:'$;"*&(%)*+&)*(%*"46L+&)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67',
=4*+W4<@%&4+R'&%$%(9B
C.2/D/0
-%;;4<4*(+(%<4+H<466"<46+)<+$)7+(%<4+H<466"<4+&'*+&'"64+(%<4+>':'=4L+(%<4+;'%$"<4L+$)66+);+@48%&$4
&)*(<)$L+&<'6846L+64<%)"6+%*A"<%46L+'*>+>4'(8B
● D;+(84+ +%*>%&'()<+$%=8(+("<*6+)*L+6()H+(84+@48%&$4+%::4>%'(4$9+'*>+&84&J+'$$+);+(84+(%<46+UM
3%<4+H<466"<4L+D*(<)>"&(%)*Y=4*4<'$+%*;)<:'(%)*V B
● -%;;4<4*(+(%<4+H<466"<46+)<+$)7+(%<4+H<466"<4+&'*+%*&<4'64+(%<4+74'<L+>4&<4'64+@48%&$4+6('#%$%(9L
'*>+%*&<4'64+#<'J%*=+>%6('*&4B
● -%;;4<4*(+(%<4+H<466"<46+)<+$)7+(%<4+H<466"<4+&'*+&'"64+6">>4*+(%<4+;'%$"<4+'*>+$4'>+()+<"H,
("<4>+(%<46+'*>+$)66+);+@48%&$4+&)*(<)$B
● 384+><%@4<+%6+<46H)*6%#$4+;)<+:'%*('%*%*=+(84+&)<<4&(+(%<4+H<466"<4+%*+'$$+(%<46+)*+(84+@48%&$4B
384+<4&)::4*>4>+(%<4+H<466"<4+&'*+#4+;)"*>+)*+'+$'#4$+UM+3%<4+H<466"<4L+D*(<)>"&(%)*Y=4*,
4<'$+%*;)<:'(%)*V B
● 384+3%<4+!<466"<4+a)*%()<%*=+W96(4:+U3!aWV+&'*+)*$9+;"*&(%)*+&)<<4&($9+784*+'$$+(%<46+'<4
%*;$'(4>+()+(84+&)<<4&(+H<466"<4+784*+(849+'<4+&)$>B
● .$$+(%<46+:"6(+'$7'96+#4+%*;$'(4>+()+(84+&)<<4&(+H<466"<4+#'64>+)*+(84+$)'>+UM+3%<4+H<466"<4L
D*(<)>"&(%)*Y=4*4<'$+%*;)<:'(%)*V B
● D*;$'(4+'$$+(%<46+()+(84+&)<<4&(+(%<4+H<466"<4+#4;)<4+4@4<9+><%@4+UM+3%<4+H<466"<4L+D*(<)>"&,
(%)*Y=4*4<'$+%*;)<:'(%)*V B
● C84*+(84+(%<4+H<466"<4+%6+())+$)7L+(84+(%<4+:"6(+;$45+:)<4+784*+><%@%*=B+38%6+&)"$>+&'"64+(84
(%<4+()+#4&):4+6)+8)(+(8'(+(84+(<4'>+&)"$>+64H'<'(4L+(84+(%<4+&)"$>+<"H("<4L+'*>+9)"+&)"$>
$)64+&)*(<)$+);+(84+@48%&$4B
● -<%@%*=+'(+8%=8+6H44>6+'*>+45&466%@4+@48%&$4+$)'>+&'*+&'"64+'+(%<4+()+#4&):4+6)+8)(+(8'(+(84
(%<4+&)"$>+<"H("<4+'*>+9)"+&)"$>+$)64+&)*(<)$+);+(84+@48%&$4B
● 3%<4+H<466"<4+(8'(+%6+())+8%=8+)<+())+$)7+68)<(4*6+(84+64<@%&4+$%;4+);+(84+(%<4+'*>+';;4&(6+><%,
@%*=+#48'@%)<B
● D;+(84+(%<4+%6+*)(+g;$'(h+'*>+(84+(%<4+>)46+*)(+*44>+()+#4+<4H$'&4>+%::4>%'(4$9L+><%@4+6$)7$9+()
(84+*4'<46(+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+()+8'@4
(84+(%<4+H<466"<4+&84&J4>+'*>+&)<<4&(4>+UM+3%<4+H<466"<4L+D*(<)>"&(%)*Y=4*4<'$+%*;)<:'(%)*V B
● 384+3%<4+!<466"<4+a)*%()<%*=+W96(4:+:"6(+'$7'96+#4+&)<<4&($9+&'$%#<'(4>B

-<%@%*=+)*+"*H'@4>+<)'>6+;)<+'+$)*=+H4<%)>+);+(%:4+)<+6H)<(9+><%@%*=+&'*+>4'&(%@'(4+(84
3%<4+!<466"<4+a)*%()<%*=+W96(4:+(4:H)<'<%$9B+384+94$$)7+%*>%&'()<+$%=8(+#$%*J6+;)<+'H,
H<)5%:'(4$9+]\+64&)*>6+784*+(84<4+%6+'+:'$;"*&(%)*+'*>+(84*+<4:'%*6+)*B+K)74@4<L+(84
%*>%&'()<+$%=8(+7%$$+("<*+);;+%;+(84+<)'>+&)*>%(%)*6+)<+><%@%*=+6(9$4+&8'*=46B

G#32%>*.52#(*42+.("/$$,'(*#C(.5%$'

G#.%2C+9.52#

3%<46+'<4+(84+H'<(+);+(84+@48%&$4+(8'(+'<4+"*>4<+(84+:)6(+>4:'*>+94(+'<4+(84+:)6(+"*>4<46(%:'(,
4>B+3%<46+'<4+45(<4:4$9+%:H)<('*(L+#4&'"64+(84+6:'$$+<"**%*=+6"<;'&4+)*+(84+(%<46+%6+(84+)*$9+H)%*(
);+&)*('&(+(8'(+(84+@48%&$4+8'6+7%(8+(84+<)'>B
384+64<@%&4+$%;4+);+(84+(%<4+>4H4*>6+)*+(84+(%<4+H<466"<4L+(84+><%@%*=+6(9$4L+(84+7'9+(84+(%<46+'<4
8'*>$4>L+'*>+&)<<4&(+:)"*(%*=+);+(84+(%<4B
C.2/D/0
/47+(%<46+)<+(%<46+(8'(+'<4+)$>L+7)<*L+)<+>':'=4>+&'**)(+H<)@%>4+(84+:'5%:":+@48%&$4+&)*(<)$
'*>+#<'J%*=+4;;4&(B
● K'*>$%*=+7844$6+'*>+(%<46+%*&)<<4&($9+&'*+<4>"&4+><%@%*=+6';4(9+'*>+&'"64+'&&%>4*(6+'*>+64<%,
)"6+%*A"<%46B
● G*$9+"64+<'>%'$+(%<46+7%(8+(84+6':4+>46%=*+'*>+'6+&$)64+()+(84+6':4+&)*6(<"&(%)*L+6%?4+U<)$$%*=
&%<&":;4<4*&4VL+'*>+(<4'>+H'((4<*+'6+H)66%#$4+)*+'$$+;)"<+7844$6B
● /47+(%<46+:"6(+#4+#<)J4*+%*+#4&'"64+(849+8'@4+<4>"&4>+(<'&(%)*+'*>+#<'J%*=+4;;4&(+784*
(849+'<4+*47B+3)+<4>"&4+(84+<%6J+);+'&&%>4*(6+'*>+64<%)"6+%*A"<%46L+><%@4+&'<4;"$$9+>"<%*=+(84
;%<6(+O^P+:%$46+U]PP+J:VB
● 24="$'<$9+&84&J+(84+(%<4+H<466"<4+784*+(84+(%<46+'<4+&)$>+'*>+'$7'96+:'%*('%*+(84+6H4&%;%4>
H<466"<46B+D;+(84+(%<4+H<466"<4+%6+())+$)7L+(84+(%<4+&'*+84'(+"H+6)+:"&8+78%$4+><%@%*=+(8'(+(84
(<4'>+64H'<'(46+)<+(84+(%<4+<"H("<46B
● E84&J+(84+(%<46+<4="$'<$9+;)<+>':'=4+'*>+74'<B
● /4@4<+><%@4+7%(8+(%<46+(8'(+'<4+>':'=4>+UH"*&("<4>L+&"(L+&<'&J4>L+)<+#"$=%*=V+)<+7)<*B+-<%,
@%*=+7%(8+(%<46+%*+(8%6+&)*>%(%)*+&'*+&'"64+(%<4+#$)7)"(6L+'&&%>4*(6L+'*>+64<%)"6+%*A"<%46B+24,
H$'&4+7)<*+)<+>':'=4>+(%<46+%::4>%'(4$9B
● /4@4<+45&44>+(84+:'5%:":+H4<:%66%#$4+6H44>+'*>+(%<4+$)'>+(8'(+'<4+6H4&%;%4>+;)<+(84+(%<46
:)"*(4>+)*+9)"<+@48%&$4B
● 384+4;;4&(%@4*466+);+(84+><%@4<+'66%6('*&4+696(4:6+'*>+(84+#<'J%*=+'66%6('*&4+696(4:6+>4,
H4*>6+)*+(%<4+(<'&(%)*B
● D;+"*7'*(4>+@%#<'(%)*6+)&&"<+78%$4+><%@%*=+)<+(84+@48%&$4+H"$$6+()+)*4+6%>4L+6()H+%::4>%'(4$9
'*>+&84&J+(84+7844$6+'*>+(%<46+;)<+>':'=4B
● 3)+<4>"&4+(84+<%6J+);+$)66+);+@48%&$4+&)*(<)$L+'&&%>4*(6L+'*>+64<%)"6+%*A"<%46L+*4@4<+$))64*+(84
#)$(6+)*+<%:6+7%(8+'+#)$(4>+<%:+<%*=B
● -)+*)(+"64+'*9+7844$6+)<+(%<46+%;+9)"+>)+*)(+J*)7+8)7+(849+8'@4+#44*+"64>+%*+(84+H'6(B+F64>
7844$6+'*>+(%<46+:'9+#4+>':'=4>L+4@4*+%;+(8%6+>':'=4+%6+*)(+@%6%#$4L+'*>+&)"$>+$4'>+()+(%<4
>':'=4L+(%<4+;'%$"<4+)<+$)66+);+@48%&$4+&)*(<)$B
● G$>+(%<46+&'*+$)64+H<466"<4+6">>4*$9+'(+8%=8+6H44>6+)<+;'%$+'*>+&'"64+'&&%>4*(6+'*>+64<%)"6
%*A"<%46B+38%6+%6+(<"4+4@4*+%;+(84+(%<46+8'@4+*)(+#44*+"64>+94(B+G*$9+"64+(%<46+(8'(+'<4+:)<4
(8'*+6%5+94'<6+)$>+784*+'#6)$"(4$9+*4&466'<9+'*>+><%@4+7%(8+45(<4:4+&'"(%)*+%;+>)%*=+6)B

C.2/D/0
D;+(84+7844$+#)$(6+'<4+*)(+(%=8(4*4>+&)<<4&($9+)<+'<4+:%66%*=L+(84+7844$6+&)"$>+#4&):4+$))64
'*>+$4'>+()+$)66+);+@48%&$4+&)*(<)$L+'&&%>4*(6L+'*>+64<%)"6+%*A"<%46B
● /4@4<+><%@4+7%(8+:%66%*=+)<+$))64+7844$+#)$(6B
● .$7'96+"64+7844$+#)$(6+(8'(+'<4+&)<<4&(+;)<+(84+<%:+'*>+(84+@48%&$4+:)>4$B
● .$7'96+(%=8(4*+(84+7844$+#)$(6+()+(84+&)<<4&(+(%=8(4*%*=+()<I"4B+D;+9)"+>)+*)(+8'@4+'+()<I"4
7<4*&8L+(%=8(4*+(84+7844$+#)$(6+7%(8+(84+$"=+7<4*&8+'*>+(84*+8'@4+(84+(%=8(4*%*=+()<I"4
&84&J4>+'6+6))*+'6+H)66%#$4+#9+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*
W4<@%&4+R'&%$%(9B

L*#C,5#6("/$$,'(*#C(.5%$'
R%=B+
R%=B+NN+ 04*4<'$+45':H$4T+>%'=<':+;)<+<)('(%*=+(%<46

384+(%<4+'*>+<%:+&):#%*'(%)*6+'HH<)@4>+#9+X)$J67'=4*+'<4+6H4&%;%&'$$9+>46%=*4>+;)<+4'&8+)(84<B

@$=,*95#6(.5%$'
3)+4*6"<4+(8'(+(84+(%<46+74'<+4@4*$9L+<)('(%*=+(84+(%<46+<4="$'<$9+'&&)<>%*=+()+(84+>%'=<':+%6+<4&,
)::4*>4>+M+;%=B+N B+38%6+7%$$+'$$)7+(84+(%<46+()+8'@4+'HH<)5%:'(4$9+(84+6':4+$4*=(8+);+64<@%&4
$%;4B
X)$J67'=4*+<4&)::4*>6+8'@%*=+(84+(%<46+<)('(4>+#9+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8),
<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B

O%$8$#.5#6(C*>*6$(.2(./$(%5>'(*#C(.5%$'
— .$7'96+><%@4+)@4<+&"<#6+'*>+)(84<+$)7+)#6('&$46+6$)7$9+'*>+'(+'+<%=8(,'*=$4+6)+(8'(+#)(8+;<)*(
7844$6+&):4+%*()+&)*('&(+7%(8+(84+)#6('&$4+'(+(84+6':4+(%:4B
— E84&J+(84+(%<4+H<466"<4+<4="$'<$9B
— E84&J+(84+(%<46+<4="$'<$9+;)<+>':'=4L+4B=B+8)$46L+&"(6L+H"*&("<46+)<+#$%6(4<6B
— /4@4<+45&44>+(84+$)'>+%*>45+'*>+:'5%:":+6H44>+);+(84+(%<4+UM+3%<4+$'#4$%*=+'*>+(%<4+&$'66%;%,
&'(%)*6L+W('*>'<>6Y>%<4&(%@46V B
— K'@4+>':'=4>+)<+7)<*+<%:6+<4H$'&4>+%::4>%'(4$9+UM+C844$6+'*>+(%<46L+b%:%(6Y696(4:+$%:%(6V B
— !<)(4&(+(%<46+;<):+&):%*=+%*()+&)*('&(+7%(8+&)<<)6%@4+:'(4<%'$6+6"&8+'6+=<4'64L+)%$L+='6)$%*4L
'*>+#<'J4+;$"%>+M+ B
— 24H$'&4+:%66%*=+>"6(+&'H6+)*+(84+@'$@46+%::4>%'(4$9B
— 24:)@4+'*9+)#A4&(6+H<)@%>4>+(849+8'@4+*)(+H"*&("<4>+(84+%*6%>4+);+(84+(%<4+UM+b%:%(6Y696(4:
$%:%(6L+C844$6+'*>+(%<46V B
— !'9+'((4*(%)*+()+'$$+7'<*%*=6+%66"4>+#9+(84+3%<4+!<466"<4+a)*%()<%*=+W96(4:+UM+R.eL+3%<4+!<46,
6"<4+a)*%()<%*=+W96(4:V L+UM+R.eL+3%<4+!<466"<4+a)*%()<%*=+W96(4:V B

K5%$'(./*.(*%$(>2%$(./*#('5<(1$*%'(2,C
3%<46+'=4+>"4+()+H896%&'$+'*>+&84:%&'$+H<)&46646+(8'(+';;4&(+(84%<+;"*&(%)*B+3%<46+(8'(+8'@4+#44*
6()<4>+'*>+"*"64>+;)<+$)*=+H4<%)>6+);+(%:4+'=4+:)<4+I"%&J$9+(8'*+(%<46+(8'(+'<4+"64>
&)*(%*")"6$9B
X)$J67'=4*+<4&)::4*>6+<4H$'&%*=+(%<46+(8'(+'<4+:)<4+(8'*+6%5+94'<6+)$>+7%(8+*47+(%<46B+38%6
4@4*+'HH$%46+()+(%<46+(8'(+:'9+'HH4'<+()+#4+"6'#$4+'*>+78)64+(<4'>+>4H(8+%6+6(%$$+=<4'(4<+(8'*+(84
:%*%:":+<4I"%<4:4*(+M+ B
C%*(4<+'*>+'$$+64'6)*+(%<46+$)64+(84%<+&8'<'&(4<%6(%&6+()+'+$'<=4+45(4*(+>"4+()+'=%*=
'=%*=L+<4='<>$466+);
(84+<4:'%*%*=+(<4'>+>4H(8B
384+'=4+);+(84+(%<4+&'*+#4+>4(4<:%*4>+#'64>+)*+(84+H<)>"&(%)*+>'(4+UM+3%<4+H<466"<4L+D*(<)>"&,
(%)*Y=4*4<'$+%*;)<:'(%)*V B

F.2%5#6(.5%$'
— G*$9+6()<4+(%<46+%*+'+&))$L+><9+$)&'(%)*+(8'(+%6+'6+>'<J+'6+H)66%#$4B+-)+*)(
*)(+6('*>+(%<46+(8'(+'<4
:)"*(4>+)*+<%:6+"H+@4<(%&'$$9B
— !<)(4&(+(%<46+(8'(+'<4+*)(+:)"*(4>+)*+<%:6+;<):+>%<(+7%(8+6"%('#$4+&)@4<6+'*>+6()<4+(84:
6('*>%*=+)*+(84+(<4'>+6"<;'&4B

J$"(.5%$'
— -<%@4+H'<(%&"$'<$9+&'<4;"$$9+>"<%*=+(84+;%<6(+O^P+:%$46+U]PP+J:V+7%(8+*47+(%<46+#4&'"64+(849
:"6(+#4+#<)J4*+%* B+3%<46+(8'(+8'@4+*)(+#44*+#<)J4*+%*+94(+8'@4+<4>"&4>+=<%HH%*=+'#%$%(%46+M+
'*>+#<'J%*=+4;;4&(+M+ B
— G*$9+"64+(%<46+7%(8+(84+6':4+>46%=*+'*>+'6+&$)64+()+(84+6':4+&)*6(<"&(%)*L+6%?4L+'*>+(<4'>+H'(,
(4<*+'6+H)66%#$4+)*+'$$+;)"<+7844$6B

@$=,*95#6(.5%$'
— .(+'+:%*%:":L+<4H$'&4+#)(8+(%<46+)*+'+6%*=$4+'5$4+M+ B
— G*$9+<4H$'&4+)$>+(%<46+7%(8+(%<46+(8'(+8'@4+#44*+'HH<)@4>+#9+X)$J67'=4*+;)<+9)"<+@48%&$4
:)>4$B
— /4@4<+"64+(%<46+78)64+6%?4+45&44>6+(84+:4'6"<4:4*(+);+(%<46+(8'(+'<4+'HH<)@4>+#9
X)$J67'=4*B

@$9*,54%*.5#6(./$(K5%$(O%$''+%$()2#5.2%5#6(F1'.$>
384+3%<4+!<466"<4+a)*%()<%*=+W96(4:+:"6(+#4+<4&'$%#<'(4>+4'&8+(%:4+)*4+)<+:)<4+7844$6+%6+<4,
H$'&4>B+38%6+'$6)+'HH$%46+%;+(84+(%<46+'<4+<)('(4>L+;)<+45':H$4+;<):+;<)*(+()+#'&J+UM+3%<4+!<466"<4
a)*%()<%*=+W96(4:L+R"*&(%)*V B

C.2/D/0
E)<<)6%@4+;$"%>6+'*>+:'(4<%'$6+&'*+&'"64+@%6%#$4+'*>+%*@%6%#$4+>':'=4+()+(84+(%<46L+78%&8+&'*
&'"64+(84+(%<46+()+;'%$B
● .$7'96+J44H+&84:%&'$6L+)%$6L+=<4'64L+;"4$L+#<'J4+;$"%>L+'*>+)(84<+&)<<)6%@4+:'(4<%'$6+'7'9
;<):+(84+(%<46B

C.2/D/0
G$>+(%<46+&'*+$)64+H<466"<4+6">>4*$9+'(+8%=8+6H44>6+)<+;'%$+'*>+&'"64+'&&%>4*(6+'*>+64<%)"6+%*,
A"<%46B+38%6+%6+(<"4+4@4*+%;+(84+(%<46+8'@4+*)(+#44*+"64>+94(B
● G*$9+"64+(%<46+(8'(+'<4+:)<4+(8'*+6%5+94'<6+)$>+784*+'#6)$"(4$9+*4&466'<9+'*>+><%@4+7%(8+45,
(<4:4+&'"(%)*+%;+>)%*=+6)B

C.2/D/0
/47+(%<46+:"6(+#4+#<)J4*+%*+#4&'"64+(849+8'@4+<4>"&4>+(<'&(%)*+'*>+#<'J%*=+4;;4&(+784*+(849
'<4+*47B
● 3)+<4>"&4+(84+<%6J+);+'&&%>4*(6+'*>+64<%)"6+%*A"<%46L+><%@4+&'<4;"$$9+>"<%*=+(84+;%<6(+O^P+:%$46
U]PP+J:VB

C.2/D/0
3%<46+:"6(+8'@4+4*)"=8+&$4'<'*&4+;<):+@48%&$4+&):H)*4*(6B+D;+(84<4+%6+*)(+4*)"=8+&$4'<'*&4L
(%<46+&)"$>+<"#+'='%*6(+&):H)*4*(6+);+(84+6"6H4*6%)*L+(84+#)>9L+'*>+(84+#<'J4+$%*46L+78%&8+&'*
&'"64+(84+#<'J4+696(4:+()+;'%$L+(84+(<4'>+()+64H'<'(4L+'*>+(84+(%<4+()+;'%$B
● 384+'&("'$+>%:4*6%)*6+);+(84+(%<46+:"6(+*)(+45&44>+(84+>%:4*6%)*6+);+(84+(%<4+:'*";'&("<,
4<6+'HH<)@4>+#9+X)$J67'=4*L+'*>+(84+(%<46+:"6(+*)(+<"#+'='%*6(+)(84<+&):H)*4*(6+);+(84
@48%&$4B

/G3DE1
.@)%>+6(<)*=+%:H'&(6B+-<%@4+'<)"*>+)#6('&$46+%;+*44>4>B+384+<%6J+);+(%<4+>':'=4+%6+46H4&%'$$9
=<4'(+%;+><%@%*=+)@4<+H)(8)$46+'*>+&"<#6B+-':'=4+()+(84+(%<46+'*>+<%:6+&'*+<46"$(B

/G3DE1
-)+*)(+>':'=4+(84+@'$@46+784*+<4H$'&%*=+(%<46B+/4@4<+><%@4+7%(8)"(+&'H6+)*+(84+@'$@46B+384
@'$@46+&)"$>+#4+>':'=4>B

.$7'96+>%6H)64+);+)$>+(%<46+&)<<4&($9+'*>+'&&)<>%*=+()+<4="$'(%)*6B

D;+(84+6H'<4+7844$+%6+>%;;4<4*(+;<):+(84+<4="$'<+@48%&$4+7844$6L+4B=B+%*+(84+&'64+);+7%*(4<
(%<46+)<+'+(4:H)<'<9+6H'<4+7844$L+)*$9+"64+(84+6H'<4+7844$+(4:H)<'<%$9+'*>+%*+(84+4@4*(
);+'+#<4'J>)7*L+'*>+><%@4+46H4&%'$$9+&'<4;"$$9B+D(+68)"$>+#4+<4H$'&4>+7%(8+'+<4="$'<+7844$
'6+6))*+'6+H)66%#$4B

F6%*=+(%<46+'HH<)@4>+#9+X)$J67'=4*+4*6"<46+(8'(+(84+>%:4*6%)*6+7%$$+;%(+&)<<4&($9+)*
9)"<+@48%&$4B+D;+)(84<+(%<46+'<4+"64>L+(84+64$$4<+:"6(+H<)@%>4+'+&4<(%;%&'(4+;<):+(84+(%<4
:'*";'&("<4<+6('(%*=+(8'(+(84+(%<46+'<4+6"%('#$4+;)<+(84+@48%&$4B+S44H+(84+&4<(%;%&'(4
6()<4>+6';4$9+%*+(84+@48%&$4B
@5>'(*#C("/$$,(42,.'

2%:6L+(%<46L+'*>+7844$+#)$(6+'<4+>4(4<:%*4>+#'64>+)*+(84+@48%&$4+:)>4$B+C84*4@4<+'*)(84<+<%:+%6
%*6('$$4>L+(84+7844$+#)$(6+()+#4+"64>+:"6(+8'@4+(84+&)<<4&(+$4*=(8+'*>+#)$(+84'>+68'H4B+38%6+4*,
6"<46+(8'(+(84+#<'J46+&'*+7)<J+&)<<4&($9+'*>+(8'(+(84+@48%&$4+><%@46+6:))(8$9+'*>+6';4$9B
R)<+(4&8*%&'$+<4'6)*6L+6('*>'<>+<%:6+;<):+)(84<+@48%&$46+&'**)(+#4+"64>B+F*>4<+&4<('%*+&%<&":,
6('*&46L+(8%6+:'9+4@4*+'HH$9+()+<%:6+;)<+(84+6':4+@48%&$4+:)>4$B
384+7844$+#)$(+(%=8(4*%*=+()<I"4+:"6(+#4+&84&J4>+<4="$'<$9+7%(8+'+;"*&(%)*'$+()<I"4+7<4*&8+UM
D*6('$$'(%)*L+C844$+#)$(6V B

-/$$,(42,.'
384+&)<<4&(+7844$+#)$(6+:"6(+'$7'96+#4+"64>+;)<+4'&8+@48%&$4+:)>4$L+'*>+(8464+#)$(6+:"6(+'$,
7'96+#4+(%=8(4*4>+()+(84+&)<<4&(+()<I"4+UM+C844$+#)$(6L+D*6('$$'(%)*V B

@5>'("5./(42,.$C(%5>(%5#6(2%(*99$#.($,$>$#.'
2%:6+7%(8+'+#)$(4>+<%:+<%*=+)<+'&&4*(+4$4:4*(+&)*6%6(+);+:"$(%H$4+H%4&46B+38464+H%4&46+'<4+&)*,
*4&(4>+()=4(84<+7%(8+6H4&%'$+#)$(6B+-':'=4>+<%:6+:"6(+#4+<4H$'&4>+'*>+:'9+)*$9+#4+<4H'%<4>+#9
I"'$%;%4>+H<);466%)*'$6B+X)$J67'=4*+<4&)::4*>6+8'@%*=+(8%6+>)*4+#9+9)"<+'"(8)<%?4>+X)$J67',
=4*+>4'$4<+M+ B

@5>(5C$#.5359*.52#
D*+6):4+&)"*(<%46L+*47+<%:6+:"6(+%*&$">4+%*;)<:'(%)*+'#)"(+&4<('%*+H<)H4<(%46B+384+;)$$)7%*=
%*;)<:'(%)*+:'9+#4+)*+(84+<%:T
— W4'$+);+&)*;)<:%(9
— 2%:+6%?4
— a'*";'&("<4<+)<+#<'*>+*':4
— !<)>"&(%)*+>'(4+U:)*(8Y94'<V
— E)"*(<9+);+)<%=%*
— W4<%'$+*":#4<
— 2'7+:'(4<%'$+#'(&8+*":#4<
— E)::)>%(9+&)>4

C.2/D/0
F6%*=+"*6"%('#$4+)<+>':'=4>+<%:6+&'*+%:H'%<+><%@%*=+6';4(9+'*>+&'"64+'&&%>4*(6+'*>+64<%)"6
%*A"<%46B
● G*$9+"64+<%:6+H4<:%((4>+;)<+(84+@48%&$4B
● E84&J+(84+<%:6+<4="$'<$9+;)<+>':'=4+'*>+<4H$'&4+%;+*4&466'<9B
C.2/D/0
b))64*%*=+'*>+(%=8(4*%*=+#)$(6+%*&)<<4&($9+)*+<%:6+7%(8+#)$(4>+<%:+<%*=6+&'*+&'"64+'&&%>4*(6
'*>+64<%)"6+%*A"<%46B
● /4@4<+$))64*+(84+#)$(6+)*+<%:6+7%(8+'+#)$(4>+<%:+<%*=B
● K'@4+'$$+H<)&4>"<46+)*+<%:6+7%(8+#)$(4>+<%:+<%*=6+H4<;)<:4>+#9+I"'$%;%4>+H<);466%)*'$6B
X)$J67'=4*+<4&)::4*>6+&)*('&(%*=+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J,
67'=4*+W4<@%&4+R'&%$%(9B

K5%$(=%$''+%$

R%=B+
R%=B+NN+ W9:#)$6+)*+(84+(%<4+H<466"<4+$'#4$B
R%=B+
R%=B+QQ+ G*+(84+><%@4<+>))<+H%$$'<T+(%<4+H<466"<4+$'#4$+U:'9+'$6)+#4+)*+(84+%*6%>4+);+(84+;"4$+;%$$4<
;$'HVB

S49+;)<+M+;%=B+N T

. 3%<4+H<466"<4+;)<+(84+(%<46+)*+(84+;<)*(+'5$4B
[ 3%<4+H<466"<4+;)<+(84+(%<46+)*+(84+<4'<+'5$4
N /)(4T+&84&J+(84+(%<4+H<466"<4+784*+(84+(%<46+'<4+&)$>
Q 3%<4+H<466"<4+784*+H'<(%'$$9+$)'>4>
O -4H4*>%*=+)*+@48%&$4+4I"%H:4*(T +&):;)<(+(%<4+H<466"<4+784*+H'<(%'$$9+$)'>4>
Z 3%<4+H<466"<4+784*+;"$$9+$)'>4>
\ 3%<4+H<466"<4+;)<+(84+6H'<4+7844$L+&)$$'H6%#$4+6H'<4+7844$+)<+&):H'&(+6H'<4+7844$B

384+$'#4$+6H4&%;%46+(84+&)<<4&(+(%<4+H<466"<46+;)<+'HH<)@4>+(%<46+'*>+%6+4%(84<+)*+(84+><%@4<+>))<
H%$$'<+M+;%=B+Q +)<+)*+(84+%*6%>4+);+(84+;"4$+;%$$4<+;$'HB
384+'HH4'<'*&4+);+(84+$'#4$+:'9+@'<9+>4H4*>%*=+)*+(84+@48%&$4B+D(+:'9+%*&$">4+'>>%(%)*'$+(%<4
6%?46B
D*&)<<4&(+(%<4+H<466"<46+*4='(%@4$9+';;4&(+@48%&$4+8'*>$%*=+'*>+&'*+&'"64+%*&<4'64>+(%<4+74'<+)<
4@4*+'+;$'(+(%<4+M+ B+.#)@4+'$$L+(84+&)<<4&(+(%<4+H<466"<4+%6+46H4&%'$$9+%:H)<('*(+784*+><%@%*=+'(
8%=8+6H44>6
8%=8+6H44>6B

E2>32%.(.5%$(=%$''+%$
-4H4*>%*=+)*+(84+@48%&$4+4I"%H:4*(L+(84+$'#4$+:'9+%*&$">4+'+&):;)<(+(%<4+H<466"<4+M+;%=B+N + O B
384+&):;)<(+(%<4+H<466"<4+'$$)76+(84+><%@%*=+&):;)<(+()+#4+%*&<4'64>B+R"4$+&)*6":H(%)*+:'9+%*,
&<4'64+784*+><%@%*=+7%(8+(84+&):;)<(+(%<4+H<466"<4B
E/$905#6(./$(.5%$(=%$''+%$
— E84&J+(84+(%<4+H<466"<4+'(+$4'6(+)*&4+'+:)*(8B
— E84&J+(84+(%<4+H<466"<4+)*$9+784*+(%<46+'<4+&)$>B+384+6H4&%;%4>+(%<4+H<466"<4+)*$9+'HH$%46+()+'
&)$>+(%<4
&)$>+(%<4B+384+(%<4+H<466"<4+)*+7'<:+(%<46+%6+8%=84<+(8'*+)*+&)$>+(%<46B+384<4;)<4L+*4@4<+<4$4'64
'%<+;<):+'+7'<:+(%<4+()+'>A"6(+(84+(%<4+H<466"<4B
— .$7'96+'>A"6(+(84+(%<4+H<466"<46+()+(84+$)'>+$4@4$+M+;%=B+N + Z B
— .;(4<+'>A"6(%*=+(%<4+H<466"<46L+'$7'96+6&<47+(84+&'H6+)*+(84+@'$@46+'*>+*)(4+(84+%*;)<:'(%)*
'#)"(+(84+3%<4+!<466"<4+a)*%()<%*=+W96(4:+U3!aWVB
— .$7'96+"64+(84+(%<4+H<466"<46+6H4&%;%4>+)*+(84+$'#4$B+/4@4<+45&44>+(84+:'5%:":+(%<4+H<466"<4
6H4&%;%4>+)*+(84+6%>4+);+(84+(%<4B

C.2/D/0
D*&)<<4&(+(%<4+H<466"<46+&'*+&'"64+(%<46+()+6">>4*$9+$)64+'%<+)<+=)+;$'(+78%$4+><%@%*=B+38%6+&'*
&'"64+'&&%>4*(6+'*>+;'('$+%*A"<%46B
● D;+(84+(%<4+H<466"<4+%6+())+$)7L+(84+(%<4+&'*+84'(+"H+6)+:"&8+78%$4+><%@%*=+(8'(+(84+(<4'>+64H',
<'(46+)<+(84+(%<4+<"H("<46B
● 15&466%@4+6H44>6+'*>+@48%&$4+$)'>+&'*+&'"64+)@4<84'(%*=L+6">>4*+(%<4+>':'=4+%*&$">%*=+(%<4
#$)7,)"(6L+'*>+6(<%HH%*=+);+(84+(<4'>L+78%&8+&'*+(84*+<46"$(+%*+$)66+);+@48%&$4+&)*(<)$B
● .*+%*&)<<4&(+(%<4+H<466"<4+68)<(4*6+(84+64<@%&4+$%;4+);+(84+(%<4+'*>+*4='(%@4$9+';;4&(6+><%@%*=
#48'@%)<B
● E84&J+(84+(%<4+H<466"<46+<4="$'<$9L+'(+$4'6(+)*&4+'+:)*(8+'*>+'$6)+#4;)<4+><%@%*=+$)*=
>%6('*&46B
● .$$+(%<46+:"6(+8'@4+(84+&)<<4&(+(%<4+H<466"<4+;)<+(84+@48%&$4+$)'>B
● /4@4<+<4>"&4+(84+(%<4+H<466"<4+784*+(%<46+'<4+7'<:B

/G3DE1
● C84*+H)6%(%)*%*=+(84+(%<4+H<466"<4+='"=4L+:'J4+6"<4+%(+%6+*)(+(%$(4>+'(+(84+@'$@4+6(4:B+D;+%(+%6L
%(+&)"$>+>':'=4+(84+(%<4+@'$@4B
● .$7'96+:'J4+6"<4+'$$+@'$@4+&'H6+'<4+;"$$9+(%=8(4*4>+784*+><%@%*=B

3%<4+H<466"<46+(8'(+'<4+())+$)7+%*&<4'64+;"4$+&)*6":H(%)*B

K%$*C(C$=./(*#C("$*%(5#C59*.2%
R%=B+
R%=B+NN+ 3%<4+(<4'>T+(<4'>+74'<+%*>%&'()<B

K%$*C(C$=./
a)6(+><%@%*=+6%("'(%)*6+<4I"%<4+'+(%<4+(<4'>+(8'(+%6+'6+>44H+'6+H)66%#$4B+.$$+(%<46L+)<+'(+$4'6(+(%<46+)*
(84+6':4+'5$4L+:"6(+8'@4+'*+4@4*+(<4'>+>4H(8B+38%6+'HH$%46+%*+H'<(%&"$'<+()+74(+)<+7%*(<9+<)'>
&)*>%(%)*6B
D*+:)6(+&)"*(<%46L+(84+$4='$+:%*%:":+(<4'>+>4H(8+%6+NB]+::+UNYN]+%*VB+38%6+%6+:4'6"<4>+%*+(84
(<4'>+=<))@46+%*+'>>%(%)*+()+(84+(<4'>+74'<+%*>%&'()<6+U*)(4+(84+$4='$+<4I"%<4:4*(6+'HH$%&'#$4+%*
(84+&)"*(<9+);+)H4<'(%)*VB+.$$+(%<46L+)<+'(+$4'6(+(%<46+)*+(84+6':4+'5$4L+:"6(+8'@4+'*+4@4*+(<4'>
>4H(8+M+ B
/)(4+(84+$4='$+<4I"%<4:4*(6+%*+(84+'HH$%&'#$4+&)"*(<9+;)<+:%*%:":+(<4'>+>4H(86+)*+7%*(4<+'*>
'$$,64'6)*+(%<46B

K%$*C("$*%(5#C59*.2%(5#(.5%$'
384+(<4'>+74'<+%*>%&'()<+%*>%&'(46+%;+'+(%<4+%6+7)<*+)"(B+.(+(84+$'(46(L+(84+(%<4+:"6(+#4+<4H$'&4>+%;
(84+(<4'>+>4H(8+%6+7)<*+>)7*+()+(84+(<4'>+74'<+%*>%&'()<B
384+(<4'>+74'<+%*>%&'()<+%6+NB]+::+UNYN]+%*V+'#)@4+(84+#'64+);+(84+(<4'>+M+;%=B+N B+a'<J%*=6+)*
(84+6%>46+);+(84+(%<4+%*>%&'(4+(84+$)&'(%)*+);+(84+(<4'>+74'<+%*>%&'()<+M+;%=B+N B
C.2/D/0
C)<*+(%<46+'<4+'+6';4(9+<%6J+'*>+&'*+&'"64+(84+><%@4<+()+$)64+&)*(<)$+);+(84+@48%&$4+'*>+$4'>+()
64<%)"6+%*A"<%46B
● .(+(84+$'(46(L+(%<46+:"6(+#4+<4H$'&4>+#9+*47+(%<46+%;+(84+(%<46+'<4+7)<*+>)7*+()+(84+(<4'>
74'<+%*>%&'()<B
● C)<*+(%<46+8'@4+6%=*%;%&'*($9+$466+=<%HL+46H4&%'$$9+)*+74(+<)'>6L+'*>+(84+@48%&$4+%6+:)<4+$%J4$9
()+g89><)H$'*4hB
● C)<*+(%<46+<4>"&4+(84+><%@4<c6+'#%$%(9+()+&)*(<)$+(84+@48%&$4+74$$+%*+*)<:'$+'*>+>%;;%&"$(+><%,
@%*=+6%("'(%)*6L+'*>+(849+%*&<4'64+(84+#<'J%*=+>%6('*&4+'6+74$$+'6+(84+<%6J+);+6J%>>%*=B

K5%$(C*>*6$

-':'=4+()+(%<46+'*>+<%:6+&'*+);(4*+)&&"<+784<4+%(+%6+*)(+@%6%#$4+M+ B
— D;+9)"+6"6H4&(+(8'(+'+7844$+%6+>':'=4>L+6$)7+>)7*+'*>+6()H+'6+6))*+'6+(<';;%&+'$$)76+'*>+%(+%6
6';4+()+>)+6)B
— E84&J+(84+(%<46+'*>+<%:6+;)<+>':'=4B
— -)+*)(+&)*(%*"4+><%@%*=+%;+(84<4+%6+(%<4+>':'=4B
— 24H$'&4+(84+>':'=4>+7844$+UM+C844$+&8'*=4L+D*(<)>"&(%)*Y=4*4<'$+%*;)<:'(%)*V B+E)*('&(+'*
'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+;)<+'66%6('*&4B
G2T+64'$+(84+>':'=4>+(%<4+"6%*=+(84+(%<4+:)#%$%(9+64(+'*>+%*;$'(4+%(+7%(8+'%<+UM+3%<4+:)#%$%(9
— G2T+
64(L+D*(<)>"&(%)*Y=4*4<'$+%*;)<:'(%)*V B
— D;+*)+45(4<%)<+>':'=4+%6+@%6%#$4L+><%@4+6$)7$9+'*>+&'<4;"$$9+()+(84+*4'<46(+'"(8)<%?4>+X)$J67',
=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+()+8'@4+(84+@48%&$4+&84&J4>B

!4N$9.'($>4$CC$C(5#(.5%$'
— D;+'*+)#A4&(+8'6+H"*&("<4>+(8<)"=8+()+(84+%*6%>4+);+'+(%<4L+$4'@4+(84+)#A4&(+%*+H$'&4B+G#A4&(6
6("&J+#4(744*+(84+(%<4+(<4'>+64=:4*(6+&'*+#4+<4:)@4>B
— 24H$'&4+(84+>':'=4>+7844$+UM+C844$+&8'*=4L+D*(<)>"&(%)*Y=4*4<'$+%*;)<:'(%)*V B+E)*('&(+'*
'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+;)<+'66%6('*&4B
G2T+64'$+(84+>':'=4>+(%<4+"6%*=+(84+(%<4+:)#%$%(9+64(+'*>+%*;$'(4+%(+7%(8+'%<+UM+3%<4+:)#%$%(9
— G2T+
64(L+D*(<)>"&(%)*Y=4*4<'$+%*;)<:'(%)*V B
— E84&J+'*>+'>A"6(+(84+(%<4+H<466"<4B
— 04(+H<);466%)*'$+'66%6('*&4B+X)$J67'=4*+<4&)::4*>6+&)*('&(%*=+'*+'"(8)<%?4>+X)$J67'=4*
>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B
— G*+@48%&$46+7%(8+<"*,;$'(+(%<46+U:)#%$%(9+(%<46VT +$4'@4+(84+)#A4&(+%*+(84+(%<4+'*>+&)*('&(+'*+'",
(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B+W4'$'*(+(8'(+8'6+#44*
'HH$%4>+()+(84+%*6%>4+);+(84+(%<4+<"**%*=+6"<;'&4+7%$$+6"<<)"*>+(84+)#A4&(+'*>+64'$+(84+(%<4
(4:H)<'<%$9B

K5%$("$*%
3%<4+74'<+>4H4*>6+)*+@'<%)"6+;'&()<6T
— -<%@%*=+6(9$4B
— C844$+#'$'*&%*=B
— 2"**%*=+=4'<+'$%=*:4*(B

-<%@%*=+I"%&J$9+'<)"*>+&"<@46L+<'H%>+'&&4$4<'(%)*L+'*>+84'@9+#<'J%*=+%*&<4'64+(%<4+74'<B
.*+%:#'$'*&4+&'*+)&&"<+78%$4+><%@%*=L+78%&8+&'*+#4+*)(%&4>+#9+"*4@4*+6(44<%*=B+3%<4+%:#'$'*&46
'$6)+';;4&(+(%<4+74'<B+D*+(8464+6%("'(%)*6L+8'@4+(84+7844$6+#'$'*&4>+'='%*B
D*&)<<4&(+7844$+'$%=*:4*(+%:H'%<6+><%@%*=+6';4(9+'*>+%*&<4'646+(%<4+74'<B+D;+(84<4+%6+8%=8+>4=<44
);+(%<4+74'<L+8'@4+(84+7844$+'$%=*:4*(+&84&J4>+#9+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8),
<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B

C.2/D/0
F*"6"'$+@%#<'(%)*6+)<+(84+@48%&$4+H"$$%*=+()+)*4+6%>4+78%$4+><%@%*=+:'9+%*>%&'(4+(%<4+>':'=4B
● 24>"&4+9)"<+6H44>+%::4>%'(4$9+'*>+6()H+784*+(<';;%&+H4<:%(6B
● E84&J+(84+(%<46+'*>+<%:6+;)<+>':'=4B
● /4@4<+&)*(%*"4+><%@%*=+7%(8+>':'=4>+(%<46+)<+<%:6B+E)*('&(+'*>+'"(8)<%?4>+X)$J67'=4*
>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+;)<+'66%6('*&4B
● D;+*)+45(4<%)<+>':'=4+%6+@%6%#$4L+><%@4+6$)7$9+'*>+&'<4;"$$9+()+(84+*4'<46(+'"(8)<%?4>+X)$J67',
=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+()+8'@4+(84+@48%&$4+&84&J4>B

K5%$(,*4$,5#6(*#C(.5%$(.1=$'

R%=B+
R%=B+NN+ D*(4<*'(%)*'$+(%<4+$'#4$%*=B

M+;%=B+N 3%<4+$'#4$%*=+U45':H$4VL+:4'*%*=
N !<)>"&(+*':4 D*>%@%>"'$+:'*";'&("<4<+(%<4+>46%=*'(%)*B

384+(%<4+&)*;)<:6+()+(84+$4='$+<4I"%<4:4*(6+);+(84+-4H'<(:4*(+);
Q -G3 3<'*6H)<('(%)*+%*+(84+FW.L+78%&8+%6+<46H)*6%#$4+;)<+(%<4+6';4(9
6('*>'<>6B

3%<4+%>4*(%,
;%&'(%)*
*":#4<+U

O wKEG+EKCW+QQNO
E)>4+;)<+(84+;'&()<9+(8'(+H<)>"&4>+(84+(%<4+'*>+6H4&%,
wKEG+EKCW ;%&'(%)*6+;<):+(84+(%<4+:'*";'&("<4<+;)<+(84+(%<4+6%?4
'*>+(%<4+&8'<'&(4<%6(%&6B

QQNO !<)>"&(%)*+>'(4T+QQ*>+744J+%*+(84+94'<+QPNOB

D*;)<:'(%)*+;)<+(84+4*>+&)*6":4<+'#)"(+&):H'<'(%@4+@'$"46+;)<+6H4&%;%4>+#'64+(%<46+U6('*>'<>,
%?4>+(46(+H<)&4>"<46V+UM+E)*6":4<+%*;)<:'(%)*L+-46&<%H(%)*V T

24$'(%@4+64<@%&4+$%;4+45H4&('*&9+;)<+(84+(%<4L+#'64>+)*+'+FW,6H4&%;%&
6('*>'<>+(46(B+.+(%<4+7%(8+(84+6H4&%;%&'(%)*+Q_P +7%$$+74'<+QB_+(%:46
:)<4+6$)7$9+(8'*+'+6('*>'<>+(%<4+7%(8+'+(<4'>+74'<+@'$"4+);+NPPB+384
Z 321.-C1.2+Q_P (%<4+H4<;)<:'*&4+>4H4*>6+)*+(84+"6'=4+&)*>%(%)*6+'*>+:'9+>%;;4<
6%=*%;%&'*($9+;<):+(84+6('*>'<>+@'$"46+>4H4*>%*=+)*+(84+><%@%*=+#4,
8'@%)<L+:'%*(4*'*&4L+>%;;4<4*(+<)'>+&)*>%(%)*6L+'*>+&$%:'(4
&)*>%(%)*6B

C4(+#<'J%*=+&'H'#%$%(9+);+(84+(%<4+U.. L+. L+[ +)<+E VB+384+74(+#<'J%*=


&'H'#%$%(9+%6+:4'6"<4>+"*>4<+&)*(<)$$4>+&)*>%(%)*6+)*+&4<(%;%4>+(46(
&)"<646B+3%<46+:'<J4>+7%(8+E +8'@4+$)7+(<'&(%)*+H4<;)<:'*&4B+384
\ 32.E3DG/+..
(<'&(%)*+@'$"4+'66%=*4>+()+(%<46+%6+#'64>+)*+6(<'%=8(,$%*4+(<'&(%)*
(46(+'*>+%*&$">46+*4%(84<+'&&4$4<'(%)*+'*>+&)<*4<%*=L+*)<+89><)H$'*,
%*=+'*>+(<'&(%)*+"*>4<+:'5%:":+$)'>B

34:H4<'("<4+6('#%$%(9+);+(84+(%<4+'(+8%=8+6H44>6+)*+(84+(46(+6('*>+. L
[ +)<+E VB+3%<46+:'<J4>+7%(8+. +'*>+[ +45&44>+(84+$4='$+<4I"%<4:4*(6B
384+(4:H4<'("<4+<'(%*=+%6+#'64>+)*+(84+(%<46+#4%*=+%*;$'(4>+()+(84
] 31a!12.3F21+.
&)<<4&(+H<466"<4+'*>+*)(+)@4<%*;$'(4>B+15&466+6H44>L+%*&)<<4&(+(%<4
H<466"<4L+'*>+)@4<%*;$'(%)*+4%(84<+'$)*4+)<+%*+&):#%*'(%)*+&'*+&'"64
84'(+()+#"%$>+"H+'*>+&'"64+(%<4+>':'=4B

^ __+K b)'>+%*>45+M+3%<4+$)'> +'*>+6H44>+<'(%*=+M+WH44>+<'(%*= B

2)('(%)*+'*> 3%<4+<"**%*=+>%<4&(%)*+&)>4+M+F*%>%<4&(%)*'$+(%<46 B
_ '<<)7

G2T
G2T+G"(6%>4 E)>4+)*+(84+)"(6%>4+);+(84+(%<4+M+.69::4(<%&'$+(%<46 B

FW+$%:%(+;)<+(84+:'5%:":+%*;$'(%)*+H<466"<4B

`
a.q+D/Rb.3DG/
O\P+S!.
U\N+H6%YOL\N+#'<V

E)>4+;)<+(%<46+(8'(+&'*+#4+"64>+%*+(84+7%*(4<+U:">+'*>+6*)7+(%<46V+UM
NP ajW+)< +aYW+)< + C%*(4<+(%<46L+b%:%(6Y696(4:+$%:%(6V B+W(">>4>+(%<46+'<4+:'<J4>+7%(8
'*+1 +';(4<+(84+W B

D*>%&'(46+(84+$)&'(%)*+);+(84+(<4'>+74'<+%*>%&'()<+UM+3<4'>+>4H(8
NN 3CD
'*>+74'<+%*>%&'()<L+D*(<)>"&(%)*Y=4*4<'$+%*;)<:'(%)*V B

NQ [<'*>+*':4 L+$)=) a'*";'&("<4<B

NO a'>4+%*+04<:'*9 a'*";'&("<4<c6+&)"*(<9B

NZ E)"*(<9,6H4&%;%&+&)>4+;)<+E8%*'+UE8%*'+E):H"$6)<9+E4<(%;%&'(%)*VB

N\ +PQO E)"*(<9,6H4&%;%&+&)>4+;)<+[<'?%$B

D>4*(%;%&'(%)*+'&&)<>%*=+()+%*(4<*'(%)*'$+<4="$'(%)*6+7%(8+(84+*":,
#4<+);+(84+&)"*(<9+(8'(+%66"4>+(84+'HH<)@'$B+.HH<)@4>+(%<46+%*+'&&)<,
N] 1Z+4Z+PQPPZ^^,# >'*&4+7%(8+1E1+<4="$'(%)*6+'<4+:'<J4>+7%(8+'*+1 B+3%<46+%*+'&&)<,
>'*&4+7%(8+1F+<4="$'(%)*6+'<4+:'<J4>+7%(8+'*+4 B+384+:"$(%,>%=%(
'HH<)@'$+*":#4<+;)$$)76+(8'(B

N^ 2.-D.b+3F[1b1WW 3"#4$466+<'>%'$+(%<46B

W%?4+>46%=*'(%)*T

! E)>4+;)<+H'664*=4<+@48%&$46B

N`\ 3%<4+7%>(8+;<):+)*4+6%>47'$$+()+(84+)(84<+%*+::B

N_ !+N`\+Y+]\+2+N\+qb ]\ K4%=8(+'*>+7%>(8+<'(%)+%*+uB

2 [4$(+&)*6(<"&(%)*+&)>4+;)<+<'>%'$B

N\ 2%:+>%':4(4<+%*+%*&846B

qb 24%*;)<&4>+(%<46+Ug15(<'+b)'>hVB

a.q+bG.-+]N\+S0 FW+$)'>+&'H'&%(9+;)<+(84+:'5%:":+$)'>+H4<+(%<4B
N`
UNQO\+b[WV

WD-1C.bb+N+!bn WH4&%;%&'(%)*+;)<+(84+&):H)*4*(6+);+(84+(%<4+#)>9B
2.nG/ N+$'94<+<'9)*B

QP 321.-+Z+!bD1W WH4&%;%&'(%)*+;)<+(84+&):H)*4*(6+);+(84+<"**%*=+6"<;'&4B

N+2.nG/+j D*+(84+45':H$4L+(84<4+'<4+(84+;)$$)7%*=+Z+$'94<6+"*>4<+(84+<"**%*=
Q+W311b+j 6"<;'&4T+N+<'9)*+$'94<L+Q+6(44$+#4$(6L+'*>+N+*9$)*+$'94<B
N+/nbG/

384+$'#4$%*=+%6+)*+#)(8+6%>46+);+(84+(%<4B+D*+6):4+&'646L+&4<('%*+&)>46+:'9+)*$9+#4+)*+)*4+6%>4+);
(84+(%<4L+6"&8+'6+(84+(%<4+D-+*":#4<+'*>+(84+H<)>"&(%)*+>'(4B
G(84<+>%=%(6+(8'(+:'9+#4+H<464*(+'<4+H'<(+);+(84+%*(4<*'$+$'#4$%*=+;<):+(84+(%<4+:'*",
;'&("<4<+)<+&)"*(<9,6H4&%;%&+$'#4$%*=B

U2"M=%235,$(.5%$'
E):H'<4>+()+)(84<+(%<4,<%:+&):#%*'(%)*6L+$)7,H<);%$4+(%<46+);;4<+'+7%>4<+(<4'>+6"<;'&4+'*>+'+$'<=,
4<+<%:+>%':4(4<+7%(8+68)<(4<+(%<4+6%>47'$$6+UM+K'*>$%*=+7844$6+'*>+(%<46L+D*(<)>"&(%)*Y=4*4<'$
%*;)<:'(%)*V B+b)7,H<);%$4+(%<46+%:H<)@4+8'*>$%*=+H4<;)<:'*&4+'*>+H<4&%6%)*B+K)74@4<L+(849+:'9
<4>"&4+(84+$4@4$+);+&):;)<(+784*+><%@%*=+)*+<)'>6+%*+H))<+&)*>%(%)*B

W#5C5%$9.52#*,(.5%$'
384+6%>47'$$6+)*+"*%>%<4&(%)*'$+(%<46+'<4+:'<J4>+7%(8+'<<)76B+384+6H4&%;%4>+<"**%*=+>%<4&(%)*
:"6(+#4+;)$$)74>B+38%6+4*6"<46+(84+)H(%:":+<"**%*=+&8'<'&(4<%6(%&6B
D;+'+(%<4+%6+:)"*(4>+)HH)6%(4+;<):+(84+6H4&%;%4>+<"**%*=+>%<4&(%)*L+><%@4+:)<4+&'<4;"$$9+#4&'"64
(84+(%<4+%6+*)(+#4%*=+"64>+(84+7'9+%(+7'6+>46%=*4>+()+#4+"64>B+384+(%<4+:"6(+#4+<4H$'&4>+)<
:)"*(4>+%*+(84+&)<<4&(+<"**%*=+>%<4&(%)*+'6+6))*+'6+H)66%#$4B

:'1>>$.%59*,(.5%$'
.69::4(<%&'$+(%<46+;'&()<+%*+(84+#48'@%)<+);+(84+%**4<+'*>+)"(4<+'<4'6+);+(84+(<4'>+H'((4<*B+384
6%>47'$$6+)*+'69::4(<%&'$+(%<46+'<4+:'<J4>+'6+(84+%**4<+'*>+)"(4<+6%>4B+a'%*('%*+(84+&)<<4&(+H)6%,
(%)*+);+(84+(%<4+)*+(84+<%:B

K5%$(,2*C
384+(%<4+$)'>+%*>45+%*>%&'(46+(84+:'5%:":+$)'>+);+'*+%*>%@%>"'$+(%<46+%*+J%$)=<':6B
W):4+45':H$46T

^_
ZQ\+J=
_N
Z]Q+J=
_O
Z_^+J=
_\
\N\+J=
_^
\Z\+J=
__
\]P+J=
`N
]N\+J=
`Q
]OP+J=
`O
]\P+J=
`\
]`P+J=
`^
^OP+J=
``
^^\+J=
NPP
_PP+J=
NPN
_Q\+J=
NPQ
_\P+J=
NPO
_^\+J=
NPZ
`PP+J=

F=$$C(%*.5#6
384+6H44>+<'(%*=+%*>%&'(46+(84+:'5%:":+6H44>+(8'(+:'9+#4+><%@4*+7%(8+(84+(%<4B

!
:'5B+`O+:H8+UN\P+J:Y8V
e
:'5B+``+:H8+UN]P+J:Y8V
2
:'5B+NP]+:H8+UN^P+J:Y8V
W
:'5B+NNQ+:H8+UN_P+J:Y8V
3
:'5B+NN_+:H8+UN`P+J:Y8V
F
:'5B+NQ\+:H8+UQPP+J:Y8V
K
:'5B+NOP+:H8+UQNP+J:Y8V
X
:'5B+NZ`+:H8+UQZP+J:Y8V
C
:'5B+N]_+:H8+UQ^P+J:Y8V
n
:'5B+N_]+:H8+UOPP+J:Y8V
{
'#)@4+NZ`+:H8+UQZP+J:Y8V

W):4+(%<4+:'*";'&("<4<6+"64+(84+$4((4<+&):#%*'(%)*+g{2h+;)<+(%<46+7%(8+'+:'5%:":+H4<:%66%#$4
6H44>+'#)@4+NZ`+:H8+UQZP+J:Y8VB

K5%$(,2*C(*#C('=$$C(%*#6$

X48%&$46+7%(8%*+(84+1F+'*>+1F+:4:#4<+6('(46+<4&4%@4+'+E4<(%;%&'(4+);+E)*;)<:%(9+UEGEVB+384+EGE
&)*('%*6+6H4&%;%&'(%)*6+'#)"(+(84+6%?4+'*>+>%':4(4<+'6+74$$+'6+$)'>+&'H'#%$%(9+'*>+6H44>+<'*=4+);
(84+(%<46+'HH<)@4>+#9+X)$J67'=4*+;)<+(84+'HH$%&'#$4+@48%&$4+:)>4$B
384+:)>4$+H$'(4+7%$$+%*>%&'(4+%;+(84+@48%&$4+8'6+'+EGE+UM+34&8*%&'$+>'('L+-46&<%H(%)*V B
— D;+(84+:)>4$+H$'(4+&)*('%*6+'+$%*4+$'#4$4>+g."(8)<%?'(%)*hL+(84*+(84+@48%&$4+8'6+'+EGEB
— D;+(84<4+%6+*)+:)>4$+H$'(4+)<+(84+g."(8)<%?'(%)*h+$%*4+%6+*)(+%*&$">4>L+(84*+(84+@48%&$4+>)46+*)(
8'@4+'+EGEB

-5#.$%(.5%$'

W"::4<+(%<46+);;4<+@4<9+$%(($4+8)$>%*=+;)<&4+)*+%&9+)<+6*)79+<)'>6B+C%*(4<+)<+'$$,64'6)*+(%<46+%:,
H<)@4+@48%&$4+8'*>$%*=+'*>+#<'J%*=+H4<;)<:'*&4+%*+7%*(4<+<)'>+&)*>%(%)*6B+X)$J67'=4*+<4&):,
:4*>6+"6%*=+7%*(4<+(%<46+)*+(84+@48%&$4+'(+(4:H4<'("<46+#4$)7+jZ\+kR+Uj^+kEV+)<+%*+7%*(4<+<)'>
&)*>%(%)*6B
384+4;;4&(%@4*466+);+7%*(4<+)<+'$$,64'6)*+(%<46+%6+=<4'($9+<4>"&4>+784*+(84+(%<4+(<4'>
(%<4+(<4'>+%6+7)<*
>)7*+()+'+>4H(8+);+OYN]+%*+UZ+::VB

K/$(32,,2"5#6(*==,5$'("/$#(+'5#6("5#.$%(.5%$'X
— R)$$)7+'$$+'HH$%&'#$4+$'76+%*+(84+&)"*(<9+);+)H4<'(%)*B
— F64+7%*(4<+(%<46+)*+'$$+;)"<+7844$6+'(+(84+6':4+(%:4B
— G*$9+"64+%*+7%*(4<+<)'>+&)*>%(%)*6B
— G*$9+"64+(84+(%<4+6%?46+H4<:%((4>+;)<+(84+@48%&$4B
— G*$9+"64+7%*(4<+(%<46+(8'(+8'@4+(84+6':4+#4$(+&)*6(<"&(%)*L+6%?4L+'*>+(<4'>+H'((4<*B
— R)$$)7+(84+6H44>+<46(<%&(%)*+#'64>+)*+(84+6H44>+<'(%*=+M+ B

F=$$C(%$'.%59.52#
C%*(4<+(%<46+8'@4+'+6H44>+<46(<%&(%)*+#'64>+)*+(84%<+6H44>+<'(%*=+UM+3%<4+$'#4$%*=+'*>+(%<4+&$'66%;%,
&'(%)*6L+W('*>'<>6Y>%<4&(%@46V B
.+6H44>+7'<*%*=+&'*+#4+64(+%*+(84+</:$2,/1*/&&$(%*
</:$2,/1*/&&$(%*+:4*"+%*+(84+D*;)('%*:4*(+W96(4:+"*>4<+(84
3%<46 +:4*"B
G*+X+7%*(4<+(%<46
X+7%*(4<+(%<46L+(84+6H44>+<46(<%&(%)*+'*>+<4I"%<4>+(%<4+H<466"<4+>4H4*>+)*+(84+4*=%*4B+.$,
7'96+'6J+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+'#)"(+(84
H4<:%((4>+6H44>+'*>+<4I"%<4>+(%<4+H<466"<4B

:,,("/$$,(C%58$(
:,,("/$$,(C%58$(Hk)!KG!JI
Hk)!KG!JI
C%(8+'$$+7844$+><%@4L+(84+@48%&$4+8'6+=))>+;)<7'<>+:)(%)*+7%(8+6('*>'<>+(%<46+%*+7%*(4<+&)*>%,
(%)*6B+K)74@4<L+X)$J67'=4*+<4&)::4*>6+"6%*=+7%*(4<+)<+'$$+64'6)*+(%<46+)*+'$$ +;)"<+7844$6+%*
(84+7%*(4<L+#4&'"64+(8%6+7%$$+'$6)+%:H<)@4+(84+#<'J%*=+H4<;)<:'*&4 B
6*)7+&8'%*6+UM+W*)7+&8'%*6L+24I"%<4:4*(6V B
/)(4+(84+%*;)<:'(%)*+'#)"(+6*)7+&8'%*6
C.2/D/0
-)+*)(+#4+(4:H(4>+%*()+('J%*=+6';4(9+<%6J6+>"4+()+(84+%:H<)@4>+@48%&$4+8'*>$%*=+(8'(+(84+7%*(4<
(%<46+H<)@%>4+%*+7%*(4<+&)*>%(%)*6B
15&44>%*=+(84+6H44>+$%:%(+;)<+(84+7%*(4<+(%<46+:'9+$4'>+()+6">>4*+(%<4+;'%$"<4+'*>+$)66+);+@48%&$4
&)*(<)$B
● /4@4<+%=*)<4+(84+6H44>+$%:%(+;)<+(84+7%*(4<+(%<46+;%((4>+()+9)"<+@48%&$4L+4@4*+%;+(84+H4<:%66%,
#$4+:'5%:":+6H44>+;)<+(84+@48%&$4+%6+8%=84<B
● /4@4<+45&44>+(84+:'5%:":+$)'>+;)<+(84+7%*(4<+(%<46+;%((4>+()+9)"<+@48%&$4B
● .$7'96+'>A"6(+9)"<+6H44>+'*>+><%@%*=+6(9$4+()+<)'>L+(<';;%&L+74'(84<L+'*>+@%6%#%$%(9+&)*>%(%)*6B

C84*+(4:H4<'("<46+'<4+'#)@4+jZ\+kR+Uj^+kEVL+6"::4<+(%<46+H<)@%>4+#4((4<+@48%&$4+8'*>$%*=B
384<4+%6+$466+<)'>+*)%64L+(84+(%<46+74'<+:)<4+6$)7$9L+'*>+4&)*):9+%6+#4((4<B

G*+@48%&$46+7%(8+'+3%<4+!<466"<4+a)*%()<%*=+W96(4:L+(84+696(4:+:"6(+#4+<4&'$%#<'(4>+';,
(4<+67%(&8%*=+;<):+6"::4<+(%<46+()+7%*(4<+(%<46+)<+@%&4+@4<6'+UM+3%<4+!<466"<4+a)*%()<%*=
W96(4:L+R"*&(%)*V B

n)"+&'*+&)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R',
&%$%(9+;)<+H4<:%((4>+7%*(4<+(%<4+6%?46B

F#2"(9/*5#'

/)(4+(84+$4='$+<4I"%<4:4*(6+'*>+(84+H4<:%((4>+:'5%:":+6H44>+784*+><%@%*=+7%(8+6*)7+&8'%*6B
W*)7+&8'%*6+%:H<)@4+><%@%*=+'*>+#<'J%*=+8'*>$%*=+784*+)*+<)'>6+&)@4<4>+7%(8+%&4+)<+6*)7B
W*)7+&8'%*6+:'9+)*$9+#4+:)"*(4>+)*+(84+;<)*(+7844$6
)*$9+#4+:)"*(4>+)*+(84+;<)*(+7844$6+'*>+)*$9+)*+(84+;)$$)7%*=
)*$9+)*+(84+;)$$)7%*=
(%<4Y<%:+&):#%*'(%)*6
(%<4Y<%:+&):#%*'(%)*6T

3%<4+6%?4 2%:

N`\Y]\+2+N\ ]+w+5+N\+13+ZO

QP\Y\\+2+N] ]+NYQ+w+5+N]+);;64(+Z]

QP\Y\P+2+N^ ]+NYQ+w+5+N^+);;64(+Z]

X)$J67'=4*+<4&)::4*>6+&)*('&(%*=+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*
W4<@%&4+R'&%$%(9+;)<+:)<4+%*;)<:'(%)*+'#)"(+7844$L+(%<4L+'*>+6*)7+&8'%*+6%?46B
D;+H)66%#$4L+"64+;%*4,:468+6*)7+&8'%*6+(8'(+%*&$">4+'+&8'%*+$)&J+*)+$'<=4<+(8'*+`+::B
D;+"6%*=+6*)7+&8'%*6L+<4:)@4+(84+7844$+&)@4<6+'*>+<%:+'&&4*(+<%*=6+#4;)<4+:)"*(%*=+(84+6*)7
&8'%*6+UM+W*)7+&8'%*6L+24I"%<4:4*(6V B+K)74@4<L+(84+7844$+#)$(6+:"6(+#4+&)@4<4>+7%(8+&'H6+;)<
6';4(9+<4'6)*6B+E'H6+&'*+#4+)#('%*4>+;<):+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J,
67'=4*+W4<@%&4+R'&%$%(9B

W'5#6('#2"(9/*5#'(2#(./$(92>=*9.('=*%$(.5%$(2%(92,,*='54,$('=*%$
.5%$
F6%*=+6*)7+&8'%*6+)*+(84+&):H'&(+6H'<4+(%<4+)<+&)$$'H6%#$4+6H'<4+(%<4+%6+*)(+H4<:%((4>+;)<+(4&8*%,
&'$+<4'6)*6+UM+WH'<4+7844$+'*>+&):H'&(+6H'<4+7844$L+-46&<%H(%)*V B
— D;+'+;<)*(+(%<4+%6+;$'(L+:)"*(+(84+&):H'&(+6H'<4+(%<4+)<+&)$$'H6%#$4+6H'<4+(%<4+)*+(84+<4'<+'5$4B
— 24H$'&4+(84+>':'=4>+;<)*(+7844$+7%(8+(84+<4:)@4>+<4'<+7844$B+!'9+'((4*(%)*+()+(84+<"**%*=
>%<4&(%)*+784*+>)%*=+(8%6B

X)$J67'=4*+<4&)::4*>6+'(('&8%*=+(84+6*)7+&8'%*6+#4;)<4+:)"*(%*=+(84+7844$B

C.2/D/0
F6%*=+"*6"%('#$4+6*)7+&8'%*6+)<+%*6('$$%*=+6*)7+&8'%*6+%*&)<<4&($9+&'*+&'"64+'&&%>4*(6+'*>+64<%,
)"6+%*A"<%46B
● .$7'96+"64+(84+&)<<4&(+6*)7+&8'%*6B
● R)$$)7+(84+%*6('$$'(%)*+%*6(<"&(%)*6+H<)@%>4>+#9+(84+6*)7+&8'%*+:'*";'&("<4<B
● /4@4<+><%@4+;'6(4<+(8'*+H4<:%((4>+784*+6*)7+&8'%*6+'<4+:)"*(4>B

/G3DE1
● 24:)@4+6*)7+&8'%*6+784*+><%@%*=+)*+<)'>6+7%(8)"(+6*)7B+G(84<7%64L+6*)7+&8'%*6+&'*+%:,
H'%<+8'*>$%*=+'*>+>':'=4+(84+(%<46L+'*>+(84+&8'%*6+7%$$+I"%&J$9+#4+>46(<)94>B
● W*)7+&8'%*6+(8'(+&):4+%*()+&)*('&(+7%(8+(84+<%:+>%<4&($9+&'*+6&<'(&8+)<+>':'=4+(84+<%:B
X)$J67'=4*+<4&)::4*>6+"6%*=+6*)7+&8'%*6+7%(8+%*(4=<'(4>+<%:+H<)(4&(%)*B

G*+@48%&$46+7%(8+'+(%<4+H<466"<4+:)*%()<%*=+%*>%&'()<L+(84+696(4:+:"6(+#4+<4H<)=<'::4>
';(4<+6*)7+&8'%*6+'<4+:)"*(4>+UM+3%<4+!<466"<4+a)*%()<%*=+W96(4:L+R"*&(%)*V B

-/$$,(928$%'

L+49*=
R%=B+
R%=B+NN+ 24:)@4+(84+7844$+&4*(4<+(<%:B

384+7844$+&4*(4<+(<%:+%6+;)<+H<)(4&(%*=+(84+7844$+#)$(6+'*>+:"6(+#4+<4'(('&84>+';(4<+'+7844$
&8'*=4B
— 24:)@%*=T +('J4+(84+7%<4+#<'&J4(+)"(+);+(84+@48%&$4+())$+J%(+UM+X48%&$4+())$+J%(L+G@4<@%47V +'*>
%*64<(+%*+'+8)$4+U'$":%*":+'$$)9+7844$V+)<+4*='=4+)*+(84+4>=4+U6(44$+<%:V+);+(84+(<%:+B
— 24:)@4+(84+(<%:+%*+(84+>%<4&(%)*+);+(84+'<<)7B
— D*6('$$%*=T +H<466+(84+7844$+&4*(4<+(<%:+'='%*6(+(84+<%:+"*(%$+%(+$)&J6+%*()+H$'&4B
R%=B+
R%=B+QQ+ 37%6(+);;+(84+8"#&'HB

— 24:)@'$T +3"<*+(84+8"#&'H+()+(84+$4;(+)<+<%=8(+"*(%$+%(+<4$4'646+;<):+(84+<%:B
— 0<'6H+#48%*>+'+$"=+'*>+H"$$+);;+(84+8"#&'HB
— R%((%*=T +!$'&4+(84+8"#&'H+%*+(84+&4*(4<+);+(84+<%:B
— !<466+(84+8"#&'H+'='%*6(+(84+<%:+"*(%$+9)"+84'<+%(+$)&J+%*()+H$'&4B

C.2/D/0
F*6"%('#$4+7844$+&)@4<6+'*>+'664:#$%*=+7844$+&)@4<6+%*&)<<4&($9+&'*+&'"64+'&&%>4*(6+'*>+64<%,
)"6+%*A"<%46B
C844$+&)@4<6+(8'(+'<4+%*6('$$4>+%*&)<<4&($9+&'*+$))64*+78%$4+><%@%*=+'*>+4*>'*=4<+)(84<+<)'>
"64<6B
● -)+*)(+"64+>':'=4>+7844$+&)@4<6B
● .$7'96+:'J4+6"<4+(8'(+(84+'%<+6"HH$9+()+&))$+(84+#<'J46+%6+*)(+#$)&J4>+)<+<4>"&4>B+38%6+'$6)
'HH$%46+784*+7844$+&)@4<6+'<4+<4(<);%((4>B+.*+%*6";;%&%4*(+'%<+6"HH$9+&'*+&'"64+(84+#<'J%*=
>%6('*&4+()+%*&<4'64+6%=*%;%&'*($9B

?+,,("/$$,(928$%'
R%=B+
R%=B+NN+ 24:)@4+(84+;"$$+7844$+&)@4<B

384+;"$$+7844$+&)@4<6+H<)(4&(+(84+7844$+#)$(6+'*>+:"6(+#4+<4'(('&84>+';(4<+'+7844$+&8'*=4B

@$>285#6(./$(3+,,("/$$,(928$%
— 24:)@%*=T+('J4+(84+7%<4+#<'&J4(+)"(+);+(84+@48%&$4+())$+J%(+UM+X48%&$4+())$+J%(L+G@4<@%47V B
— 1*='=4+(84+7%<4+#<'&J4(+%*+)*4+);+(84+)H4*%*=6+)*+(84+;"$$+7844$+&)@4<B
— W$%>4+(84+$"=+7<4*&8+(8<)"=8+(84+7%<4+#<'&J4(+M+;%=B+N +'*>+H"$$+(84+;"$$+7844$+&)@4<+%*+(84+>%,
<4&(%)*+);+(84+'<<)7B

G#'.*,,5#6(./$(3+,,("/$$,(928$%
— a'J4+6"<4+(84+'*(%,(84;(+7844$+#)$(6+'<4+H)6%(%)*4>+&)<<4&($9+UM+C844$+#)$(6L+D*6('$$'(%)*V B
— !<466+(84+;"$$+7844$+&)@4<+)*()+(84+<%:+6)+(8'(+(84+)H4*%*=+;)<+(84+@'$@4+'$%=*6+7%(8+(84+(%<4
@'$@4B+a'J4+6"<4+(8'(+(84+4*(%<4+)"(4<+4>=4+);+(84+&)@4<+%6+64&"<4>B
C.2/D/0
F*6"%('#$4+7844$+&)@4<6+'*>+'664:#$%*=+7844$+&)@4<6+%*&)<<4&($9+&'*+&'"64+'&&%>4*(6+'*>+64<%,
)"6+%*A"<%46B
C844$+&)@4<6+(8'(+'<4+%*6('$$4>+%*&)<<4&($9+&'*+$))64*+78%$4+><%@%*=+'*>+4*>'*=4<+)(84<+<)'>
"64<6B
● -)+*)(+"64+>':'=4>+7844$+&)@4<6B
● .$7'96+:'J4+6"<4+(8'(+(84+'%<+6"HH$9+()+&))$+(84+#<'J46+%6+*)(+#$)&J4>+)<+<4>"&4>B+38%6+'$6)
'HH$%46+784*+7844$+&)@4<6+'<4+<4(<);%((4>B+.*+%*6";;%&%4*(+'%<+6"HH$9+&'*+&'"64+(84+#<'J%*=
>%6('*&4+()+%*&<4'64+6%=*%;%&'*($9B

/G3DE1
384+7844$+&)@4<+:'9+#4+6&<474>+(%=8($9+'*>+:"6(+*)(+#4+<4:)@4>+7%(8+;)<&4B

-/$$,(42,.(9*='
R%=B+
R%=B+NN+ 24:)@4+(84+&'H6+;<):+(84+7844$+#)$(6B

384+&'H6+'<4+;)<+H<)(4&(%*=+(84+7844$+#)$(6+'*>+:"6(+#4+&):H$4(4$9+<4'(('&84>+';(4<+'+7844$
&8'*=4B

@$>285#6(*#C(*..*9/5#6(9*='
— 24:)@%*=T +('J4+(84+7%<4+#<'&J4(+)"(+);+(84+@48%&$4+())$+J%(+UM+X48%&$4+())$+J%(L+G@4<@%47V B
— D*64<(+(84+7%<4+#<'&J4(+(8<)"=8+(84+)H4*%*=+%*+(84+&'H+M+;%=B+N +'*>+<4:)@4+%*+(84+>%<4&(%)*+);
(84+'<<)7B
— .(('&8%*=T +:)"*(+(84+&'H+'$$+(84+7'9+)*+(84+7844$+#)$(6B

384+'*(%,(84;(+7844$+#)$(
'*(%,(84;(+7844$+#)$(+8'6+'+64H'<'(4+&'HB+38%6+&'H+)*$9+;%(6+)*+(84+'*(%,(84;(+7844$+#)$(
'*>+*)(+)*+&)*@4*(%)*'$+7844$+#)$(6B

-/$$,(9/*#6$

G#.%2C+9.52#

G*$9+&8'*=4+(84+7844$+9)"<64$;+%;+(84+@48%&$4+%6+H'<J4>+64&"<4$9L+9)"+'<4+;':%$%'<+7%(8+(84+6';4(9
H<4&'"(%)*6+'*>+(84+*4&466'<9+H<)&4>"<46+'*>+9)"+8'@4+(84+*4&466'<9+())$6B+W):4+@48%&$46+'<4
>4$%@4<4>+;<):+(84+;'&()<9+7%(8)"(+'+@48%&$4+A'&J+'*>+$"=+7<4*&8B+D*+6"&8+&'646L+8'@4+(84+7844$
&8'*=4>+#9+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B
384+@48%&$4+A'&J+6"HH$%4>+#9+(84+;'&()<9+%6+)*$9+>46%=*4>+;)<+&8'*=%*=+)*4+7844$+(8'(+8'6+'+>':,
'=4>+(%<4+'*>+:"6(+#4+<4H$'&4>B+D;+#)(8+(%<46+)*+)*4+6%>4+);+(84+@48%&$4L+#)(8+(%<46+)*+)*4+'5$4L+)<
'$$+(%<46+'<4+>':'=4>L+&)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4
R'&%$%(9+;)<+'66%6('*&4B
C.2/D/0
E8'*=%*=+'+7844$+&'*+#4+>'*=4<)"6L+46H4&%'$$9+784*+>)*4+)*+(84+6%>4+);+(84+<)'>B+3)+<4>"&4
(84+<%6J+);+64<%)"6+%*A"<%46L+)#64<@4+(84+;)$$)7%*=T
● W()H+(84+@48%&$4+'6+6))*+'6+%(+%6+6';4+()+>)+6)B+!'<J+(84+@48%&$4+'+6';4+>%6('*&4+'7'9+;<):
:)@%*=+(<';;%&+()+&8'*=4+(84+7844$B
● .$$+H'664*=4<6L+46H4&%'$$9+&8%$><4*L+:"6(+J44H+'+6';4+>%6('*&4+'*>+#4+)"(6%>4+);+(84+7)<J
'<4'+784*+&8'*=%*=+'+7844$B
● W7%(&8+)*+(84+4:4<=4*&9+;$'684<6+()+7'<*+)(84<+<)'>+"64<6B
● a'J4+6"<4+(84+@48%&$4+%6+)*+$4@4$+'*>+6)$%>+=<)"*>B+D;+*4&466'<9L+H$'&4+'+$'<=4L+6('#$4+6"<;'&4
"*>4<+(84+@48%&$4+A'&JB
● G*$9+&8'*=4+(84+7844$+9)"<64$;+%;+9)"+'<4+;':%$%'<+7%(8+(84+*4&466'<9+6(4H6B+G(84<7%64L+&)*,
('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+;)<
'66%6('*&4B
● G*$9+"64+6"%('#$4+'*>+"*>':'=4>+())$6+;)<+7844$+&8'*=46B
● .$7'96+67%(&8+);;+(84+4*=%*4+'*>+:)@4+(84+64$4&()<+$4@4<+()+H)6%(%)*+!!+()+<4>"&4+(84+<%6J+);
(84+@48%&$4+:)@%*=+"*%*(4*(%)*'$$9B
x+C%(8+'+:'*"'$+(<'*6:%66%)*L+'$7'96+67%(&8+);;+(84+4*=%*4+'*>+$4'@4+(84+@48%&$4+%*+=4'<L+()
<4>"&4+(84+<%6J+);+(84+@48%&$4+:)@%*=+"*%*(4*(%)*'$$9B
● .$7'96+67%(&8+)*+(84+4$4&(<)*%&+H'<J%*=+#<'J4L+()+<4>"&4+(84+<%6J+);+(84+@48%&$4+:)@%*=
"*%*(4*(%)*'$$9B
● .;(4<+&8'*=%*=+'+7844$L+%::4>%'(4$9+&84&J+(84+(%=8(4*%*=+()<I"4+);+(84+7844$+#)$(6+7%(8+'*
"*>':'=4>+()<I"4+7<4*&8+(8'(+%6+;"*&(%)*%*=+&)<<4&($9B
● D*+@48%&$46+7%(8+'+3%<4+!<466"<4+a)*%()<%*=+W96(4:L+(84+696(4:+:"6(+#4+<4&'$%#<'(4>+%::4,
>%'(4$9+';(4<+'+7844$+%6+&8'*=4>+UM+3%<4+!<466"<4+a)*%()<%*=+W96(4:L+R"*&(%)*V B

O%$=*%5#6(.2(9/*#6$(*("/$$,

E84&J$%6(

.$7'96+H4<;)<:+(84+;)$$)7%*=+6(4H6+%*+(84+6H4&%;%4>+)<>4<+()+H<4H'<4+;)<+'+7844$+&8'*=4+M+ T

NB+ D;+(84+@48%&$4+8'6+'+;$'(+(%<4L+H'<J+(84+@48%&$4+'+6';4+>%6('*&4+'7'9+;<):+:)@%*=+(<';;%&+)*+$4@,
4$+'*>+6)$%>+=<)"*>+'6+6))*+'6+H)66%#$4B
QB+ W4(+(84+4$4&(<)*%&+H'<J%*=+#<'J4B

OB+ -W0f+'"():'(4>+(<'*6:%66%)*T+:)@4+(84+64$4&()<+$4@4<+%*()+(84+!!+H)6%(%)*B
ZB+ W()H+(84+4*=%*4+'*>+<4:)@4+(84+@48%&$4+J49+;<):+(84+%=*%(%)*+$)&JB
\B+ a'*"'$+(<'*6:%66%)*T+4*='=4+'+=4'<B
]B+ K'@4+'$$+H'664*=4<6+45%(+(84+@48%&$4+)*+(84+6%>4+;'&%*=+'7'9+;<):+(<';;%&+'*>+:)@4+()+'+6';4
'<4'B
^B+ 3"<*+)*+(84+4:4<=4*&9+;$'684<6+'*>+64(+"H+(84+7'<*%*=+(<%'*=$4+UM+D*+&'64+);+'*+4:4<=4*&9L
04*4<'$+6';4(9V B+R)$$)7+'*9+'HH$%&'#$4+$'76B
_B+ [$)&J+(84+(%<4+(8'(+%6+>%'=)*'$+;<):+(84+)*4+9)"+7%$$+#4+&8'*=%*=+7%(8+'+6()*4L+&8)&J6L+)<+'*,
)(84<+6"%('#$4+)#A4&(B
`B+ D;+9)"+'<4+()7%*=+'+(<'%$4<T+>%6&)**4&(+(84+(<'%$4<+;<):+(84+@48%&$4+'*>+H'<J+%(+UM+3<'%$4<+()7,
%*=L+D*(<)>"&(%)*Y=4*4<'$+%*;)<:'(%)*V B
NPB+ D;+(84+$"=='=4+&):H'<(:4*(+%6+;"$$T+<4:)@4+(84+&)*(4*(6+;<):+(84+$"=='=4+&):H'<(:4*(B

NNB+ C84<4+'HH$%&'#$4L+<4:)@4+(84+6"#7));4<+UM+W"#7));4<L+D*6('$$'(%)*V B
NQB+ 24:)@4+(84+6H'<4+(%<4+)<+&):H'&(+6H'<4+(%<4+'*>+@48%&$4+())$+J%(+;<):+(84+$"=='=4
&):H'<(:4*(B

NOB+ 24:)@4+(84+7844$+&)@4<6+UM+C844$+(<%:L+-46&<%H(%)*V B

C.2/D/0
R'%$%*=+()+844>+(8%6+&84&J$%6(+(8'(+%6+H<)@%>4>+;)<+9)"<+)7*+6';4(9+&'*+&'"64+'&&%>4*(6+'*>+64<%,
)"6+%*A"<%46B
● .$7'96+;)$$)7+(84+%*6(<"&(%)*6+%*+(84+&84&J$%6(+'6+74$$+'6+(84+=4*4<'$+6';4(9+H<4&'"(%)*6B

-/$$,(42,.'

R%=B+
R%=B+NN+ E8'*=%*=+'+(%<4T+$))64*%*=+(84+7844$+#)$(6B

F64+'+6"%('#$4+$"=+7<4*&8+()+$))64*+(84+7844$+#)$(6B
G*$9+$))64*+(84+7844$+#)$(6+'+;47+("<*6+78%$4+(84+@48%&$4+%6+*)(+<'%64>+7%(8+(84+@48%&$4+A'&JB
D;+'+7844$+#)$(+&'**)(+#4+$))64*4>L+&'<4;"$$9+H<466+)*+(84+4*>+);+(84+$"=+7<4*&8+"6%*=+9)"<+;))(B
K)$>+)*()+(84+@48%&$4+;%<:$9+78%$4+>)%*=+(8%6+'*>+:'J4+6"<4+9)"+8'@4+64&"<4+;))(%*=B
b))64*%*=+7844$+#)$(6

— W$%>4+(84+$"=+7<4*&8+'$$+(84+7'9+)*()+(84+7844$+#)$(B
— K)$>+(84+4*>+);+(84+$"=+7<4*&8+'*>+("<*+(84+7844$+#)$(+'#)"(+)*4 +("<*+&)"*(4<,&$)&J7%64+M+
B

R%=B+
R%=B+QQ+ E8'*=%*=+'+(%<4T+(%<4+@'$@4+ N +'*>+$)&'(%)*6+);+(84+'*(%,(84;(+7844$+#)$(+ Q +)<+ O B

b))64*%*=+'*(%,(84;(+7844$+#)$(6

— 24:)@4+(84+'>'H(4<+;)<+'*(%,(84;(+7844$+#)$(6+;<):+(84+@48%&$4+())$+J%(B
— W$%>4+(84+'>'H(4<+'$$+(84+7'9+%*()+(84+'*(%,(84;(+7844$+#)$(B
— W$%>4+(84+$"=+7<4*&8+'$$+(84+7'9+)*()+(84+'>'H(4<B
— K)$>+(84+4*>+);+(84+$"=+7<4*&8+'*>+("<*+(84+7844$+#)$(+'#)"(+)*4 +("<*+&)"*(4<,&$)&J7%64+M+
B

G#'.*,,5#6(*#.5M./$3.("/$$,(42,.'(
G#'.*,,5#6(*#.5M./$3.("/$$,(42,.'(H3+,,("/$$,(928$%'I
H3+,,("/$$,(928$%'I
G*+7844$6+7%(8+;"$$+7844$+&)@4<6L+(84+'*(%,(84;(+7844$+#)$(+:"6(+#4+%*6('$$4>+%*+H)6%(%)*+M+;%=B+Q+
Q +)<+ O L+#'64>+)*+(84+H)6%(%)*+);+(84+(%<4+@'$@4+ N B+G(84<7%64L+%(+7%$$+*)(+#4+H)66%#$4+()+%*,
6('$$+(84+;"$$+7844$+&)@4<B

-/$$,(42,.(.56/.$#5#6('=$95359*.52#
3%=8(4*%*=+6H4&%;%&'(%)*+;)<+7844$+#)$(6+%*+6(44$+'*>+'$":%*":+'$$)9+<%:6T
— NZP+/:
NZP+/:B
C844$+#)$(6+(8'(+'<4+&)<<)>4>+'*>+>%;;%&"$(+()+("<*+:"6(+#4+<4H$'&4>+'*>+(84+(8<4'>6+%*+(84+7844$
8"#+:"6(+#4+&$4'*4>+#4;)<4+&84&J%*=
#4;)<4+&84&J%*=+(84+(%=8(4*%*=+()<I"4B
/4@4<+=<4'64+)<+)%$+(84+7844$+#)$(6+'*>+(84+(8<4'>6+%*+(84+7844$+8"#B
E84&J+(84+(%=8(4*%*=+()<I"4+"6%*=+'+;"*&(%)*%*=+()<I"4+7<4*&8+%::4>%'(4$9+';(4<+&8'*=%*=+'
7844$B

C.2/D/0
C844$+#)$(6+(8'(+'<4+(%=8(4*4>+%*&)<<4&($9+&'*+$))64*+78%$4+><%@%*=+'*>+&'"64+'&&%>4*(6L+64<%)"6
%*A"<%46L+'*>+$)66+);+@48%&$4+&)*(<)$B
● 384+7844$+#)$(6+'*>+(8<4'>6+%*+(84+7844$+8"#+:"6(+#4+&$4'*L+4'69+()+:)@4L+'*>+;<44+);+)%$
'*>+=<4'64B
● G*$9+"64+(84+$"=+7<4*&8+(8'(+7'6+H$'&4>+%*+(84+@48%&$4+'(+(84+;'&()<9+()+$))64*+'*>+(%=8(4*
(84+7844$+#)$(6B
● G*$9+$))64*+(84+7844$+#)$(6+'+;47+("<*6+78%$4+(84+@48%&$4+%6+*)(+<'%64>+7%(8+(84+@48%&$4+A'&JB
● /4@4<+=<4'64+)<+)%$+(84+7844$+#)$(6+'*>+(84+(8<4'>6+%*+(84+7844$+8"#B+1@4*+784*+(%=8(4*4>
()+(84+6H4&%;%&'(%)*L+(849+&)"$>+#4&):4+$))64+78%$4+><%@%*=B
● /4@4<+$))64*+(84+#)$(6+)*+<%:6+7%(8+'+#)$(4>+<%:+<%*=B
● D;+(84+7844$+#)$(6+'<4+*)(+(%=8(4*4>+4*)"=8+()+:44(+(84+6H4&%;%&'(%)*L+(84+7844$+#)$(6+'*>
<%:6+&)"$>+&):4+$))64+78%$4+><%@%*=B+15&44>%*=+(84+(%=8(4*%*=+6H4&%;%&'(%)*+&)"$>+>':'=4
(84+7844$+#)$(6+'*>+(8<4'>6B+E84&J+(84+(%=8(4*%*=+()<I"4+<4="$'<$9+"6%*=+'+()<I"4+7<4*&8B

C.2/D/0
D*&)<<4&(+7844$+#)$(6+&'*+$))64*+78%$4+><%@%*=+'*>+&'"64+'&&%>4*(6L+64<%)"6+%*A"<%46L+'*>+$)66+);
@48%&$4+&)*(<)$B
● G*$9+"64+7844$+#)$(6+(8'(+'<4+%*(4*>4>+()+#4+"64>+7%(8+(84+<%:B
● /4@4<+"64+>%;;4<4*(+7844$+#)$(6B
● D*+@48%&$46+7%(8+(7),H%4&4+7844$+#)$(6T+)*$9+"64+(7),H%4&4+7844$+#)$(6B

F+4"223$%

384+6"#7));4<+:"6(+#4+<4:)@4>+#4;)<4+(84+6H'<4+7844$+&'*+#4+<4:)@4>B
R%=B+
R%=B+NN+ D*+(84+$"=='=4+&):H'<(:4*(T+<4:)@%*=+(84+6"#7));4<+U@4<6%)*+NVB

24:)@%*=+(84+6"#7));4<+U@4<6%)*+NV

— b%;(+(84+>4('&8'#$4+$"=='=4+&):H'<(:4*(+;$))<+"*(%$+%(+&'*+#4+84$>+#9+(84+6%>4+<4('%*4<6B
— 3)+<4$4'64+(84+&)**4&()<L+H<466+(84+M+;%=B+N + Q +('#6+()=4(84<+M+;%=B+N +U'<<)76+ N VB
— 24:)@4+(84+&)**4&()<+M+;%=B+N + Q +%*+(84+>%<4&(%)*+);+(84+'<<)7+'*>+64(+(84+<4:)@4>+4$4&(<%,
&'$+7%<4+()+(84+6%>4B
— 24:)@4+(84+8'*>7844$+M+;%=B+N + O +%*+(84+>%<4&(%)*+);+(84+'<<)7B
— b%;(+(84+6"#7));4<+)"(+&'<4;"$$9B

D*6('$$%*=+(84+6"#7));4<+U@4<6%)*+NV

— !$'&4+(84+6"#7));4<+&'<4;"$$9+%*+(84+<%:+74$$B+384+H)%*(+);+(84+gR2G/3h+'<<)7+69:#)$+)*+(84
6"#7));4<+:"6(+;'&4+;)<7'<>B
— D*64<(+(84+&)**4&()<+M+;%=B+N + Q +"*(%$+%(+$)&J6+%*()+H$'&4B
— 3"<*+(84+8'*>7844$+M+;%=B+N + O +)*+(84+(8<4'>4>+H%*+%*+(84+)HH)6%(4+>%<4&(%)*+()+(84+'<<)7
"*(%$+(84+6"#7));4<+%6+64&"<4$9+;'6(4*4>B
— !$'&4+(84+>4('&8'#$4+$"=='=4+&):H'<(:4*(+;$))<+)*+(84+;$))<+&)@4<B
R%=B+
R%=B+QQ+ D*+(84+$"=='=4+&):H'<(:4*(T+<4:)@%*=+(84+6"#7));4<+U@4<6%)*+QVB

24:)@%*=+(84+6"#7));4<+U@4<6%)*+QV

— b%;(+(84+>4('&8'#$4+$"=='=4+&):H'<(:4*(+;$))<+"*(%$+%(+&'*+#4+84$>+#9+(84+6%>4+<4('%*4<6B
— 24:)@4+(84+8'*>7844$+M+;%=B+Q + N +%*+(84+>%<4&(%)*+);+(84+'<<)7B
— 3)+<4$4'64+(84+&)**4&()<L+H<466+(84+$)&J%*=+:4&8'*%6:+)*+(84+4*>+);+(84+&)**4&()<+M+;%=B+Q +
Q B
— 24:)@4+(84+&)**4&()<+%*+(84+>%<4&(%)*+);+(84+'<<)7+'*>+64(+(84+<4:)@4>+7%<4+()+(84+6%>4B
— b%;(+(84+6"#7));4<+)"(+&'<4;"$$9B

D*6('$$%*=+(84+6"#7));4<+U@4<6%)*+QV

— !$'&4+(84+6"#7));4<+&'<4;"$$9+%*+(84+<%:+74$$B+384+H)%*(+);+(84+gR2G/3h+M+;%=B+Q + O +'<<)7
69:#)$+)*+(84+6"#7));4<+:"6(+;'&4+;)<7'<>B
— D*64<(+(84+&)**4&()<+"*(%$+9)"+84'<+(84+$)&J%*=+:4&8'*%6:+M+;%=B+Q + Q +$)&J+%*()+H$'&4B
— 3"<*+(84+8'*>7844$+M+;%=B+Q + N +)*+(84+(8<4'>4>+H%*+%*+(84+)HH)6%(4+>%<4&(%)*+()+(84+'<<)7
"*(%$+(84+6"#7));4<+%6+64&"<4$9+;'6(4*4>B
— !$'&4+(84+>4('&8'#$4+$"=='=4+&):H'<(:4*(+;$))<+)*+(84+;$))<+&)@4<B

F=*%$("/$$,(2%(92>=*9.('=*%$("/$$,
R%=B+
R%=B+NN+ D*+(84+$"=='=4+&):H'<(:4*(T+8'*>$4+()+64&"<4+(84+&):H'&(+6H'<4+7844$B

@$>285#6(./$('=*%$("/$$,P(92,,*='54,$('=*%$("/$$,(2%(92>=*9.
'=*%$("/$$,
— GH4*+(84+(<"*J+$%>B
— b%;(+"H+)<+<4:)@4+(84+$"=='=4+&):H'<(:4*(+;$))<+UM+b"=='=4+&):H'<(:4*(+;$))<L+-46&<%H,
(%)*V B
— D;+*4&466'<9L+$%;(+"H+'*>+<4:)@4+(84+&'<H4(B
— 24:)@4+(84+@48%&$4+())$+J%(+7%(8+(84+&)*('%*4<B
— D;+*4&466'<9L+<4:)@4+(84+6"#7));4<+UM+D*6('$$'(%)*L+W"#7));4<V B
— 24:)@4+(84+$)&J%*=+74>=4+M+;%=B+N + N +"H7'<>B
— 3"<*+(84+8'*>$4+%*+(84+&4*(4<+);+(84+6H'<4+7844$+M+;%=B+N + Q +'$$+(84+7'9+&)"*(4<&$)&J7%64B
— 24:)@4+(84+6H'<4+7844$L+&)$$'H6%#$4+6H'<4+7844$L+)<+&):H'&(+6H'<4+7844$B

F.2"5#6(./$(%$>28$C(.5%$
— GH4*+(84+(<"*J+$%>B
— b%;(+"H+)<+<4:)@4+(84+$"=='=4+&):H'<(:4*(+;$))<+UM+b"=='=4+&):H'<(:4*(+;$))<L+-46&<%H,
(%)*V B
— D;+*4&466'<9L+$%;(+"H+'*>+<4:)@4+(84+&'<H4(B
— !)6%(%)*+(84+<4:)@4>+(%<4+7%(8+(84+<%:+>)7*7'<>+%*+(84+6H'<4+7844$+74$$+6)+(8'(+(84+&4*(4<
8)$4+);+(84+<%:+<46(6+45'&($9+)@4<+(84+8)$4+)<+(84+(8<4'>4>+H%*B
— 3"<*+(84+8'*>$4+)*+(84+(8<4'>4>+H%*+&$)&J7%64+"*(%$+(84+<4:)@4>+7844$+%6+64&"<4$9+;'6(4*4>B
— !)6%(%)*+(84+$)&J%*=+74>=4+M+;%=B+N + N +%*+(84+6$)(+)*+(84+(8<4'>4>+H%*+6)+(8'(+(84+8'*>7844$
&'**)(+("<*B
— !$'&4+(84+@48%&$4+())$+J%(+#'&J+%*+(84+&)*('%*4<+'*>+6()7+%(+%*+(84+$"=='=4+&):H'<(:4*(B
— D;+*4&466'<9L+H$'&4+(84+&'<H4(+%*+(84+$"=='=4+&):H'<(:4*(B
— 24%*64<(+(84+$"=='=4+&):H'<(:4*(+;$))<+UM+b"=='=4+&):H'<(:4*(+;$))<L+-46&<%H(%)*V B
— E$)64+(84+(<"*J+$%>B

G3(./$('=*%$("/$$,(5'(C533$%$#.(3%2>(./$(%$6+,*%(.5%$'
D;+(84+6H'<4+7844$+%6+>%;;4<4*(+;<):+(84+<4="$'<+7844$6L+(84*+(84+6H'<4+7844$+:"6(+)*$9+#4+"64>
%*+(84+4@4*(+);+'+@48%&$4+#<4'J>)7*+'*>+)*$9+;)<+'+68)<(+H4<%)>+);+(%:4+M+ B
/)(4+(84+><%@4<+%*;)<:'(%)*T
— -)+*)(+><%@4+;'6(4<+(8'*+\P+:H8+U_P+J:Y8VB
— .@)%>+8'<>+'&&4$4<'(%)*L+84'@9+#<'J%*=L+'*>+;'6(+&)<*4<%*=B
— -)+*)(+"64+6*)7+&8'%*6+)*+(84+&):H'&(+6H'<4+7844$+UM+W*)7+&8'%*6L+24I"%<4:4*(6V B
— .;(4<+%*6('$$%*=+(84+6H'<4+7844$+)<+&):H'&(+6H'<4+7844$L+&84&J+(84+(%<4+H<466"<4+'6+6))*+'6
H)66%#$4+UM+3%<4+H<466"<4L+D*(<)>"&(%)*Y=4*4<'$+%*;)<:'(%)*V B

C.2/D/0
D*&)<<4&(+8'*>$%*=+);+(84+6H'<4+7844$+)<+&):H'&(+6H'<4+7844$+&'*+<46"$(+%*+$)66+);+@48%&$4+&)*,
(<)$L+&)$$%6%)*6L+)<+)(84<+'&&%>4*(6L+'*>+64<%)"6+%*A"<%46B
● /4@4<+"64+(84+6H'<4+7844$+)<+&):H'&(+6H'<4+7844$+%;+%(+%6+>':'=4>+)<+%;+%(+%6+7)<*+>)7*+()
(84+(<4'>+74'<+%*>%&'()<B
● W):4+@48%&$46+:'9+#4+4I"%HH4>+7%(8+'+&):H'&(+6H'<4+7844$+%*6(4'>+);+'+6H'<4+7844$B+384
&):H'&(+6H'<4+7844$+&'*+#4+%>4*(%;%4>+#9+'+$'#4$+6('(%*=+g_P+J:Y8h+)<+g\P+:H8hB+38%6+$'#4$
%*>%&'(46+(84+H4<:%((4>+:'5%:":+6H44>+'(+78%&8+(84+(%<4+:'9+#4+><%@4*B+384+6(%&J4<+:"6(
*)(+#4+&)@4<4>+78%$4+(84+(%<4+%6+%*+"64B
● /4@4<+><%@4+;'6(4<+(8'*+\P+:H8+U_P+J:Y8VB+.@)%>+8'<>+'&&4$4<'(%)*L+8'<>+#<'J%*=L+'*>+><%@%*=
;'6(+'<)"*>+&"<@46B
● /4@4<+><%@4+:)<4+(8'*+NQ\+:%$46+UQPP+J:V+7%(8+'+&):H'&(+6H'<4+7844$+%;+%(+%6+:)"*(4>+)*
(84+><%@4+'5$4B
● 24H$'&4+(84+&):H'&(+6H'<4+7844$+'6+6))*+'6+H)66%#$4+7%(8+'+<4="$'<+(%<4B+384+6H'<4+7844$+%6
)*$9+%*(4*>4>+;)<+68)<(,(4<:+"64B
● 384+&):H'&(+6H'<4+7844$+:"6(+'$7'96+#4+64&"<4>+7%(8+(84+7844$+#)$(6+6"HH$%4>+#9+(84
;'&()<9B
● /4@4<+><%@4+7%(8+:)<4+(8'*+)*4+6H'<4+7844$+(8'(+>%;;4<6+;<):+(84+<4="$'<+(%<46B
● .;(4<+:)"*(%*=+(84+&):H'&(+6H'<4+7844$L+(84+(%<4+H<466"<4+:"6(+#4+&84&J4>+'6+6))*+'6+H)6,
6%#$4+UM+3%<4+H<466"<4L+D*(<)>"&(%)*Y=4*4<'$+%*;)<:'(%)*V B
● W*)7+&8'%*6+:"6(+*)(+#4+"64>+)*+(84+&):H'&(+6H'<4+7844$B
● /4@4<+:)"*(+'+&):H'&(+6H'<4+7844$+)*+(84+<4'<+'5$4+784*+()7%*=+'+(<'%$4<+UM+3<'%$4<+()7,
%*=L+-46&<%H(%)*V B
@*5'5#6(./$(8$/59,$("5./(./$(8$/59,$(N*90

R%=B+
R%=B+NN+ a)"*(%*=+H)%*(6+;)<+(84+@48%&$4+A'&JB

R%=B+
R%=B+QQ+ w'&J+%6+H)6%(%)*4>+)*+(84+$4;(+6%>4+);+(84+@48%&$4+'(+(84+<4'<B

384+@48%&$4+A'&J+:"6(+)*$9+#4+H)6%(%)*4>+'(+(84+<4%*;)<&4>+'<4'6+)*+(84+"*>4<#)>9+(8'(+'<4+$)&'(,
4>+#48%*>+(84+:'<J%*=6+)*+(84+@48%&$4+#)>9+M+;%=B+N B+384+$%;(+H)%*(+(8'(+%6+*4'<46(+(84+';;4&(4>
(%<4+68)"$>+#4+"64>B
E84&J$%6(

R)<+9)"<+)7*+6';4(9L+;)$$)7+(84+H)%*(6+#4$)7+%*+(84+)<>4<+(849+'<4+=%@4*+M+ T

NB+ W4$4&(+'*+'<4'+784<4+(84+=<)"*>+%6+$4@4$+'*>+;%<:+;)<+<'%6%*=+(84+@48%&$4B
QB+ W()H+(84+4*=%*4B+C%(8+'+:'*"'$+(<'*6:%66%)*L+H"(+(84+@48%&$4+%*()+'*9+=4'<L+)<+7%(8+(84+-W0f
'"():'(4>+(<'*6:%66%)*+:)@4+(84+64$4&()<+$4@4<+%*()+(84+!!+H)6%(%)*+'*>+67%(&8+)*+(84+4$4&,
(<)*%&+H'<J%*=+#<'J4B

OB+ [$)&J+(84+(%<4+(8'(+%6+>%'=)*'$+;<):+(84+)*4+9)"+7%$$+#4+&8'*=%*=+7%(8+&8)&J6+)<+)(84<+6"%(,
'#$4+)#A4&(6B
ZB+ D*+(<'%$4<+:)>4+UM+3<'%$4<+()7%*=L+D*(<)>"&(%)*Y=4*4<'$+%*;)<:'(%)*V T+-%6&)**4&(+(84+(<'%$4<
;<):+(84+()7%*=+@48%&$4+'*>+H'<J+%(B

\B+ b))64*+(84+7844$+#)$(6+UM+C844$+#)$(6L+D*6('$$'(%)*V B
]B+ R%*>+(84+@48%&$4+$%;(+H)%*(+M+;%=B+N +"*>4<+(84+@48%&$4+(8'(+%6+&$)646(+()+(84+7844$+9)"+7%$$+#4
&8'*=%*=B
^B+ !)6%(%)*+(84+8'*>+&<'*J+%*+(84+:)"*(+)*+(84+@48%&$4+A'&J+U>4H4*>%*=+)*+@48%&$4+4I"%H:4*(VB
_B+ E<'*J+(84+A'&J+"H7'<>+6)+(8'(+%(+%6+6(%$$+H)6%(%)*4>+"*>4<+(84+@48%&$4+$%;(+H)%*(B
`B+ a'J4+6"<4+(84+4*(%<4+#'64+);+(84+A'&J+%6+64'(4>+64&"<4$9+)*+(84+=<)"*>+'*>+(8'(+(84+#'64+);
(84+A'&J+%6+$)&'(4>+H4<H4*>%&"$'<$9+'*>+>%<4&($9+#4$)7+(84+A'&J%*=+H)%*(+M+;%=B+Q + +'*>+ B
NPB+ W(<'%=8(4*+)"(+(84+@48%&$4+A'&J+'*>+&)*(%*"4+<'%6%*=+(84+#<'&J4(+)*+(84+()H+);+(84+A'&J+"*(%$
(84+#<'&J4(+%6+H)6%(%)*4>+)*+(84+#<'&4+"*>4<+(84+@48%&$4+M+;%=B+Q B
NNB+ E)*(%*"4+<'%6%*=+(84+@48%&$4+A'&J+"*(%$+(84+7844$+%6+$%;(4>+);;+(84+=<)"*>B

C.2/D/0
F6%*=+(84+@48%&$4+A'&J+%*&)<<4&($9+&'*+<46"$(+%*+(84+@48%&$4+6$%HH%*=+;<):+(84+A'&J+'*>+&'"6%*=+64,
<%)"6+%*A"<%46B+3)+<4>"&4+(84+<%6J+);+%*A"<%46L+)#64<@4+(84+;)$$)7%*=T
● G*$9+"64+@48%&$4+A'&J6+(8'(+'<4+'HH<)@4>+#9+X)$J67'=4*B+G(84<+@48%&$4+A'&J6L+%*&$">%*=+(8)64
'HH<)@4>+;)<+)(84<+X)$J67'=4*+:)>4$6L+&)"$>+6$%HB
● 384+=<)"*>+:"6(+#4+$4@4$+'*>+;%<:B+W$)H4>+)<+6);(+=<)"*>+&'*+&'"64+(84+@48%&$4+()+6$%H+);;
(84+A'&JB+D;+*4&466'<9L+H$'&4+'+$'<=4L+6('#$4+6"<;'&4+"*>4<+(84+@48%&$4+A'&JB
● D;+9)"+'<4+)*+'+6$%HH4<9+6"<;'&4+6"&8+'6+(%$4L+H$'&4+'+*)*,6$%HH4<9+)#A4&(+6"&8+'6+'+<"##4<+:'(
)*+(84+=<)"*>+()+H<4@4*(+(84+@48%&$4+A'&J+;<):+6$%HH%*=B
● G*$9+H$'&4+(84+@48%&$4+A'&J+'(+(84+$)&'(%)*6+>46&<%#4>B+384+#<'&J4(+);+(84+A'&J+:"6(+;%<:$9
=<%H+(84+@48%&$4+$%;(+H)%*(+#4$)7+(84+@48%&$4+M+;%=B+Q B
● /4@4<+H$'&4+'*9+H'<(+);+9)"<+#)>9+6"&8+'6+9)"<+'<:+)<+$4=+"*>4<+(84+@48%&$4+784*+%(+%6+6"H,
H)<(4>+#9+(84+@48%&$4+A'&JB
● D;+9)"+:"6(+7)<J+"*>4<*4'(8+(84+@48%&$4L+(84+@48%&$4+:"6(+'$6)+#4+6"HH)<(4>+64&"<4$9+7%(8
6"%('#$4+6('*>6B
● /4@4<+<'%64+(84+@48%&$4+78%$4+(84+4*=%*4+%6+<"**%*=+)<+78%$4+(84+@48%&$4+%6+)*+=<)"*>+(8'(+%6
(%$(4>+()+(84+6%>4+)<+6$)H%*=B
● /4@4<+6('<(+(84+4*=%*4+78%$4+(84+@48%&$4+%6+<'%64>B+1*=%*4+@%#<'(%)*6+&)"$>+&'"64+(84+@48%&$4
()+;'$$+);;+(84+A'&JB

C.2/D/0
R'%$%*=+()+844>+(8%6+&84&J$%6(+(8'(+%6+H<)@%>4>+;)<+9)"<+)7*+6';4(9+&'*+&'"64+'&&%>4*(6+'*>+64<%,
)"6+%*A"<%46B
● .$7'96+;)$$)7+(84+%*6(<"&(%)*6+%*+(84+&84&J$%6(+'6+74$$+'6+(84+=4*4<'$+6';4(9+H<4&'"(%)*6B

E/*#65#6(*("/$$,
R%=B+
R%=B+NN+ C844$+&8'*=4T+<4:)@%*=+7844$+#)$(6+7%(8+(84+6&<47><%@4<+8'*>$4B

@$>285#6(*("/$$,
— R)$$)7+(84+&84&J$%6(+UM+C844$+&8'*=4L+24I"%<4:4*(6V B
— b))64*+(84+7844$+#)$(6+UM+C844$+#)$(6L+D*6('$$'(%)*V B
— 2'%64+(84+@48%&$4+UM+b%;(%*=+7%(8+'+@48%&$4+A'&JL+GH4<'(%)*V B
— 24:)@4+$))64+7844$+#)$(6+&):H$4(4$9+"6%*=+(84+$"=+7<4*&8+M+;%=B+N +'*>+H$'&4+(84+#)$(6+)*+'
&$4'*+6"<;'&4B
— 24:)@4+(84+7844$B

G#'.*,,5#6(*('=*%$("/$$,(2%(92>=*9.('=*%$("/$$,
— /)(4+(84+<"**%*=+>%<4&(%)*+);+(84+(%<4+UM+3%<4+$'#4$%*=+'*>+(%<4+&$'66%;%&'(%)*6L+W('*>'<>6Y>%<4&,
(%@46V B
— !)6%(%)*+(84+7844$B
— D*6('$$+(84+'*(%,(84;(+7844$+#)$(+&$)&J7%64+"6%*=+(84+'>'H(4<+%*+(84+&)<<4&(+H)6%(%)*+UM+C844$
#)$(6L+D*6('$$'(%)*V +'*>+$%=8($9 +(%=8(4*B
— D*6('$$+'$$+)(84<+#)$(6+&$)&J7%64+'*>+$%=8($9 +(%=8(4*B
— b)74<+(84+@48%&$4+7%(8+(84+@48%&$4+A'&JB
— 3%=8(4*+'$$+7844$+#)$(6+64&"<4$9+&$)&J7%64+"6%*=+(84+$"=+7<4*&8+M+ B+-)+*)(+=)+%*+)<>4<
'<)"*>+(84+7844$+78%$4+>)%*=+(8%6L+#"(+<'(84<+'$7'96+67%(&8+()+'+7844$+#)$(+)*+(84+)HH)6%(4
6%>4B
— a)"*(+(84+&'H6L+&4*(4<+7844$+&)@4<6L+)<+;"$$+7844$+&)@4<6+UM+C844$+(<%:L+-46&<%H(%)*V B

:3.$%(*("/$$,(9/*#6$
— E$4'*+(84+@48%&$4+())$+J%(+'*>+H$'&4+%(+#'&J+%*+(84+;)':+H%4&4+%*+(84+(<"*JB
— W()7+(84+)$>+7844$+64&"<4$9+%*+(84+(<"*JB
— .$7'96+&84&J+(84+7844$+#)$(+(%=8(4*%*=+()<I"4+UM+C844$+#)$(6L+D*6('$$'(%)*V B
— .$7'96+8'@4+(84+>':'=4>+7844$+<4H$'&4>+'6+6))*+'6+H)66%#$4B

C.2/D/0
.*+%*&)<<4&(+(%=8(4*%*=+()<I"4+)<+%*&)<<4&($9+(<4'(4>+7844$+#)$(6+&'*+&'"64+(84+><%@4<+()+$)64
&)*(<)$+);+(84+@48%&$4+'*>+&'"64+'&&%>4*(6+'*>+64<%)"6+%*A"<%46B
● .$7'96+J44H+'$$+7844$+#)$(6+'*>+(8<4'>6+%*+(84+7844$+8"#6+&$4'*+'*>+;<44+);+)%$+'*>+=<4'64B
384+7844$+#)$(6+:"6(+#4+4'69+()+:)@4+'*>+(%=8(4*4>+()+(84+(%=8(4*%*=+6H4&%;%&'(%)*B

384+3%<4+!<466"<4+a)*%()<%*=+W96(4:+U3!aWV+%*>%&'()<+$%=8(+:'9+%*>%&'(4+'+:'$;"*&(%)*
';(4<+'+7844$+%6+&8'*=4>+UM+3%<4+!<466"<4+a)*%()<%*=+W96(4:L+R.eV +UM+3%<4+!<466"<4
a)*%()<%*=+W96(4:L+R"*&(%)*V B

K5%$(>245,5.1('$.

G#.%2C+9.52#

384+(%<4+:)#%$%(9+64(+&'*+#4+"64>+()+(4:H)<'<%$9L+<4$%'#$9+64'$+>':'=4+()+(84+(%<46+78%&8+7'6
&'"64>+#9+;)<4%=*+)#A4&(6+)<+H"*&("<46+"H+()+'+>%':4(4<+);+'<)"*>+Z+::
Z+::B+384+;)<4%=*+)#A4&(L
384+;)<4%=*+)#A4&(L
6"&8+'6+'+6&<47+)<+*'%$L+68)"$>+*)(+#4+<4:)@4>+;<):+(84+(%<4i
.;(4<+(84+64'$'*(+8'6+;%$$4>+(84+(%<4L+&84&J+'*>+'>A"6(+(84+(%<4+H<466"<4+'='%*+';(4<+'+><%@4+);+'H,
H<)5%:'(4$9+NP+:%*"(46B
D;+:)<4+(8'*+)*4+@48%&$4+(%<4>+%6+>':'=4>L+644J+'>@%&4+;<):+'*+'"(8)<%?4>+X)$J67'=4*+>4'$,
4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B+384+(%<4+:)#%$%(9+64(+%6+)*$9+>46%=*4>+()+;%$$+)*4+(%<4B
G*$9+"64+(84+(%<4+:)#%$%(9+64(+784*+(84+@48%&$4+%6+6';4$9+H'<J4>+'*>+9)"+'<4+&)*;%>4*(+);+(84+*4&,
466'<%46+6J%$$6+'*>+6';4(9+H<4&'"(%)*6i+G(84<7%64L+&)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'",
(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+;)<+'66%6('*&4B

A2(#2.(+'$(./$(.5%$('$*,*#.X
— C84*+(84+7844$+<%:+%6+>':'=4>B
— D*+)"(6%>4+(4:H4<'("<46+);+#4$)7+,QP+kE+U,Z+kRVB
— C84*+&"(6+)<+H"*&("<46+()+(84+(%<4+'<4+$'<=4<+(8'*+Z+::B
— D;+9)"+8'@4+><%@4*+7%(8+'+@4<9+$)7+(%<4+H<466"<4+)<+'*+4:H(9+(%<4B
— D;+(84+(%<4+;%$$4<+#)(($4+%6+H'6(+%(6+"64,#9+>'(4B
— D;+'+;)<4%=*+#)>9+8'6+#44*+<4:)@4>+;<):+(84+(%<4B
— D*+&):#%*'(%)*+7%(8+'*+.%<W()Hf+(%<4B+n)"+&'*+(4$$+%;+9)"<+@48%&$4+%6+4I"%HH4>+7%(8+.%<W()Hf
(%<46+#9+(84+$4((4<%*=+gW4'$h+)*+(84+)"(6%>4+);+(84+(%<4B

C.2/D/0
384+"64+);+(%<4+:)#%$%(9+64(6+&'*+#4+>'*=4<)"6L+46H4&%'$$9+784*+<4H'%<%*=+(%<46+)*+(84+6%>4+);+(84
<)'>B+3)+<4>"&4+(84+<%6J+);+64<%)"6+%*A"<%46L+)#64<@4+(84+;)$$)7%*=T
● W()H+(84+@48%&$4+'6+6))*+'6+%(+%6+6';4+()+>)+6)B+!'<J+(84+@48%&$4+'(+'+6';4+>%6('*&4+;<):+:)@,
%*=+(<';;%&+()+;%$$+(84+(%<46B
● a'J4+6"<4+(84+@48%&$4+%6+)*+$4@4$+'*>+6)$%>+=<)"*>B
● .$$+H'664*=4<6L+46H4&%'$$9+&8%$><4*L+:"6(+J44H+'+6';4+>%6('*&4+'*>+#4+&$4'<+);+(84+7)<J+'<4'B
● W7%(&8+)*+(84+4:4<=4*&9+;$'684<6+()+7'<*+)(84<+<)'>+"64<6B
● G*$9+"64+(84+(%<4+:)#%$%(9+64(+9)"<64$;+%;+9)"+'<4+;':%$%'<+7%(8+(84+*4&466'<9+6(4H6B+G(84<,
7%64L+&)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+;)<
'66%6('*&4B
● 384+(%<4+:)#%$%(9+64(+%6+)*$9+6"%('#$4+;)<+4:4<=4*&%46+%*+)<>4<+()+<4'&8+(84+*45(+='<'=4B
● .+(%<4+78%&8+8'6+#44*+<4H'%<4>+7%(8+(84+(%<4+:)#%$%(9+64(+68)"$>+#4+<4H$'&4>+%::4>%'(4$9B
● W4'$'*(+%6+8'<:;"$+'*>+:"6(+#4+<4:)@4>+%::4>%'(4$9+%;+%(+&):46+%*()+&)*('&(+7%(8+9)"<+6J%*B
● W()<4+(84+(%<4+:)#%$%(9+64(+)"(+);+(84+<4'&8+);+&8%$><4*B
● /4@4<+"64+'+A'&JL+4@4*+%;+(84+A'&J+%6+'HH<)@4>+;)<+(84+@48%&$4B
● .$7'96+6()H+(84+4*=%*4L+64(+(84+4$4&(<)*%&+H'<J%*=+#<'J4L+'*>+H"(+(84+64$4&()<+$4@4<+%*+(84+!!
H)6%(%)*L+)<+7%(8+:'*"'$+(<'*6:%66%)*6L+4*='=4+'+=4'<+(8'(+7%$$+<4>"&4+(84+<%6J+);+(84+@48%&$4
:)@%*=+"*%*(4*(%)*'$$9B

K5%$(>245,5.1('$.(92>=2#$#.'
R%=B+
R%=B+NN+ 04*4<'$+45':H$4T+&):H)*4*(6+);+(84+(%<4+:)#%$%(9+64(B

384+(%<4+:)#%$%(9+64(+&)*6%6(6+);+(84+;)$$)7%*=+&):H)*4*(6+M+;%=B+N T

N b'#4$+7%(8+(84+6H44>+6H4&%;%&'(%)*+g:'5B+_P+J:Y8h+)<+g:'5B+\P+:H8h
Q R%$$4<+8)64+7%(8+H$"=
O 3%<4+;%$$4<+#)(($4
Z 24H$'&4:4*(+@'$@4+%*64<(
\ X'$@4+%*64<(+())$

@'$@4+%*64<(+())$++M+;%=B+N + \ +8'6+'+6$)(+)*+(84+#)(():+4*>+784<4+(84+@'$@4+%*64<(+7%$$+;%(B
384+@'$@4+%*64<(+())$
G*$9+%*+(8%6+7'9+&'*+(84+@'$@4+%*64<(+#4+<4:)@4>+;<):+(84+(%<4+@'$@4+'*>+<4%*6('$$4>B+38%6+'$6)+'H,
H$%46+()+(84+<4H$'&4:4*(+@'$@4+%*64<(+ Z B
R%=B+
R%=B+QQ+ 04*4<'$+45':H$4T+&):H<466)<+%*+(84+(%<4+:)#%$%(9+64(B

384+(%<4+:)#%$%(9+64(+&):H<466)<+&)*6%6(6+);+(84+;)$$)7%*=+&):H)*4*(6+M+;%=B+Q T

N NQ+X+&'#$4+&)**4&()<
Q G/+'*>+GRR+67%(&8
O 3%<4+H<466"<4+='"=4
Z .%<+><'%*+H$"=

\ 3%<4+;%$$4<+8)64
] .%<+&):H<466)<

384+(%<4+:)#%$%(9+64(+%6+$)&'(4>+%*+(84+$"=='=4+&):H'<(:4*(+"*>4<+(84+$"=='=4+&):H'<(:4*(
;$))<B

384+'%<+&):H<466)<+;<):+(84+(%<4+:)#%$%(9+64(+:'9+#4+)H4<'(4>+'(+(84+NQ+X+6)&J4(L+4@4*+%;
(84+H)74<+6H4&%;%&'(%)*+)*+(84+'%<+&):H<466)<+$'#4$+45&44>6+(84+:'5%:":+H)74<+><'7
);+(84+6)&J4(B

O%$=*%*.52#'

E84&J$%6(

.$7'96+&'<<9+)"(+(84+;)$$)7%*=+('6J6+%*+(84+6H4&%;%4>+)<>4<+M+ B

NB+ D;+(84+@48%&$4+8'6+'+;$'(+(%<4L+H'<J+(84+@48%&$4+'+6';4+>%6('*&4+'7'9+;<):+:)@%*=+(<';;%&+)*+$4@,
4$+'*>+6)$%>+=<)"*>+'6+6))*+'6+H)66%#$4B
QB+ W4(+(84+4$4&(<)*%&+H'<J%*=+#<'J4B
OB+ -W0f+'"():'(4>+(<'*6:%66%)*T+:)@4+(84+64$4&()<+$4@4<+%*()+(84+!!+H)6%(%)*B
ZB+ W()H+(84+4*=%*4+'*>+<4:)@4+(84+@48%&$4+J49+;<):+(84+%=*%(%)*+$)&JB
\B+ a'*"'$+(<'*6:%66%)*T+4*='=4+'+=4'<B
]B+ K'@4+'$$+H'664*=4<6+45%(+(84+@48%&$4+)*+(84+6%>4+;'&%*=+'7'9+;<):+(<';;%&+'*>+:)@4+()+'+6';4
'<4'B
^B+ 3"<*+)*+(84+4:4<=4*&9+;$'684<6+'*>+64(+"H+(84+7'<*%*=+(<%'*=$4+UM+D*+&'64+);+'*+4:4<=4*&9L
04*4<'$+6';4(9V B+R)$$)7+'*9+'HH$%&'#$4+$'76B
_B+ E84&J+784(84<+'+<4H'%<+7%(8+(84+(%<4+:)#%$%(9+64(+%6+H)66%#$4+UM+3%<4+:)#%$%(9+64(L+D*(<)>"&,
(%)*Y=4*4<'$+%*;)<:'(%)*V B
`B+ D;+9)"+'<4+()7%*=+'+(<'%$4<T+>%6&)**4&(+(84+(<'%$4<+;<):+(84+@48%&$4+'*>+H'<J+%(+UM+3<'%$4<+()7,
%*=L+-46&<%H(%)*V B
NPB+ D;+(84+$"=='=4+&):H'<(:4*(+%6+;"$$T+<4:)@4+(84+&)*(4*(6+;<):+(84+$"=='=4+&):H'<(:4*(B
NNB+ 24:)@4+(84+(%<4+:)#%$%(9+64(+;<):+(84+$"=='=4+&):H'<(:4*(B
NQB+ W(%&J+(84+$'#4$+;<):+(84+(%<4+:)#%$%(9+64(+UM+G@4<@%47L+3%<4+:)#%$%(9+64(V +%*+(84+;%4$>+);+@%6%)*
);+(84+><%@4<+)*+(84+%*6(<":4*(+H'*4$B
NOB+ -)+*)(
*)(+<4:)@4+(84+;)<4%=*+#)>9L+4B=B+6&<47+)<+*'%$L+;<):+(84+(%<4B

C.2/D/0
R'%$%*=+()+844>+(8%6+&84&J$%6(+(8'(+%6+H<)@%>4>+;)<+9)"<+)7*+6';4(9+&'*+&'"64+'&&%>4*(6+'*>+64<%,
)"6+%*A"<%46B
● .$7'96+;)$$)7+(84+%*6(<"&(%)*6+%*+(84+&84&J$%6(+'6+74$$+'6+(84+=4*4<'$+6';4(9+H<4&'"(%)*6B

F$*,5#6(*#C(=+>=5#6(+=(.5%$'

F$*,5#6(.5%$'
— F*6&<47+(84+@'$@4+&'H+;<):+(84+(%<4+@'$@4B
— F64+(84+@'$@4+%*64<(+<4:)@4<+M+;%=B+N \ +()+<4:)@4+(84+@'$@4+%*64<(+;<):+(84+(%<4+@'$@4+'*>
H$'&4+%(+)*+'+&$4'*+6"<;'&4B
— W8'J4+(84+(%<4+%*;$'(%)*+#)(($4+M+;%=B+N O +@%=)<)"6$9+#'&J+'*>+;)<(8+'+;47+(%:46B
— W&<47+(84+(%<4+%*;$'(%)*+8)64+M+;%=B+N Q +&$)&J7%64+'*>+;%<:$9+)*()+(84+(%<4+%*;$'(%)*+#)(($4B
38%6+'"():'(%&'$$9+(4'<6+(84+;%$:+)*+(84+64'$B
— 24:)@4+(84+64'$%*=+H$"=+;<):+(84+(%<4+%*;$'(%)*+8)64+M+;%=B+N Q +'*>+%*64<(+(84+)H4*+4*>+;"$$9
)*()+(84+(%<4+@'$@4B
— K)$>+(84+#)(($4+7%(8+(84+#'64+H)%*(%*=+"H7'<>+'*>+;%$$+'$$
'$$+(84+64'$%*=+'=4*(+;<):+(84+(%<4+%*;$',
(%)*+#)(($4+%*()+(84+(%<4B
— 24:)@4+(84+4:H(9+(%<4+%*;$'(%)*+#)(($4+;<):+(84+@'$@4B
— F64+(84+@'$@4+&)<4+<4:)@4<+M+;%=B+N + \ +()+6&<47+(84+@'$@4+%*64<(+#'&J+%*()+(84+(%<4+@'$@4B

O+>=5#6(+=(.5%$'
— W&<47+(84+(%<4+;%$$4<+8)64+M+;%=B+Q + \ +);+(84+'%<+&):H<466)<+;%<:$9+)*()+(84+(%<4+@'$@4B
— E84&J+784(84<+(84+'%<+<4$4'64+@'$@4+M+;%=B+Q + Z +%6+&$)64>B
— W('<(+(84+@48%&$4d6+4*=%*4+'*>+$4(+%(+<"*B
— D*64<(+(84+NQ,@)$(+H$"=+M+;%=B+Q + N +%*()+'+NQ,@)$(,6)&J4(+%*+(84+@48%&$4+UM+W)&J4(6L
GH4<'(%)*V B
— W7%(&8+(84+'%<+&):H<466)<+)*+7%(8+(84+G/+'*>+GRR+67%(&8+M+;%=B+Q + Q B
— b4'@4+(84+'%<+&):H<466)<+<"**%*=+"*(%$+QBP+r+QB\+#'<+UQ`+r+O]+H6%YQPP+r+Q\P+J!'V+%6+<4'&84>+M+
a'5%:":+<"*+(%:4T+_+:%*"(46+M+ B
B+a'5%:":+<"*+(%:4T+_+:%*"(46
— W7%(&8+);;+(84+'%<+&):H<466)<B
— D;+'*+'%<+H<466"<4+);+QBP+r+QB\+#'<+UQ`+r+O]+H6%YQPP+r+Q\P+J!'V+&'**)(+#4+<4'&84>
&'**)(+#4+<4'&84>+"*6&<47+(84
(%<4+;%$$4<+8)64+;<):+(84+(%<4+@'$@4B
— -<%@4+(84+@48%&$4+'<)"*>+NP+:4(4<6+;)<7'<>+)<+#'&J7'<>+6)+(8'(+(84+64'$%*=+'=4*(+%6+>%6,
(<%#"(4>+%*+(84+(%<4B
— W&<47+(84+(%<4+;%$$4<+8)64+);+(84+'%<+&):H<466)<+;%<:$9+)*()+(84+(%<4+@'$@4+'='%*+'*>+<4H4'(+(84
H":H%*=,"H+H<)&466B
— D;+(84+<4I"%<4>+(%<4+H<466"<4+6(%$$+&'**)(+#4+'&8%4@4>L+(84+(%<4+%6+())+#'>$9+>':'=4>B+384+(%<4
&'**)(+#4+64'$4>+7%(8+(84+(%<4+:)#%$%(9+64(B+-)+*)(+&)*(%*"4+><%@%*=B+E)*('&(+'*+'"(8)<%?4>
X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+;)<+'66%6('*&4+M+ B
— -%6&)**4&(+(84+'%<+&):H<466)<+'*>+"*6&<47+(84+(%<4+;%$$4<+8)64+;<):+(84+(%<4+@'$@4B
— D::4>%'(4$9+><%@4+'(+'+:'5%:":+);+_P+J:Y8+U\P+:H8VL+%;+'+(%<4+H<466"<4+);+QBP+r+QB\+#'<+UQ`+r
+O]+H6%YQPP+r+Q\P+J!'V+8'6+#44*+<4'&84>B

E/$90(*3.$%(Rh(>5#+.$'(23(C%585#6
— !'<J+(84+@48%&$4+)*+$4@4$+'*>+6)$%>+=<)"*>+'(+(84+*45(+6';4+)HH)<("*%(9L+%*+'+H'<J%*=+$)(+;)<
45':H$4B
— +E)**4&(+(84+(%<4+;%$$4<+8)64+M+;%=B+Q + \ +'='%*+'*>+<4'>+(84+(%<4+H<466"<4+);;+(84+(%<4+H<466"<4
='"=4+M+;%=B+Q + O B
— NBO+#'<+
NBO+#'<+UN`+H6%YNOP+J!'V
UN`+H6%YNOP+J!'V+'*>+$466T
+'*>+$466T
— -)+*)(+&)*(%*"4+><%@%*=B
-)+*)(+&)*(%*"4+><%@%*=B+384+(%<4+&'**)(+#4+'>4I"'(4$9+64'$4>+7%(8+(84+(%<4+:)#%$%(9+64(B
— E)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+;)<+'6,
6%6('*&4+M+ B

— NBZ+#'<+
NBZ+#'<+UQP+H6%YNZP+J!'V
UQP+H6%YNZP+J!'V+'*>+'#)@4T
+'*>+'#)@4T
— +24'>A"6(+(84+(%<4+H<466"<4+()+(84+&)<<4&(+@'$"4B
— E'<4;"$$9+><%@4+()+(84+*45(+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<,
@%&4+R'&%$%(9+'(+'+:'5%:":+);+_P+J:Y8+U\P+:H8VB
— K'@4+(84+>':'=4>+(%<4+<4H$'&4>+'(+(84
'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B
C.2/D/0
384+(%<4+;%$$4<+8)64+'*>+(84+'%<+&):H<466)<+:'9+#4&):4+8)(+>"<%*=+H":H%*=B
● !<)(4&(+9)"<+8'*>6+'*>+6J%*+;<):+8)(+H'<(6B
● -)+*)(+H$'&4+(84+8)(+(%<4+;%$$4<+8)64+)<+8)(+'%<+&):H<466)<+)*+;$'::'#$4+:'(4<%'$6B
● .$$)7+(84+>4@%&4+()+&))$+>)7*+6%=*%;%&'*($9+#4;)<4+6()<%*=+%(B
● D;+(84+(%<4+&'**)(+#4+H":H4>+()+'(+$4'6(+QBP+#'<+UQ`+H6%YQPP+J!'VL+(84+>':'=4+%6+())+=<4'(B
384+64'$%*=+'=4*(+&'**)(+64'$+(84+(%<4B+-)+*)(+&)*(%*"4+><%@%*=B+E)*('&(+'*+'"(8)<%?4>+X)$J,
67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+;)<+'66%6('*&4B

C.2/D/0
D;+(84+>':'=4>+(%<4+&'**)(+#4+'>4I"'(4$9+64'$4>+7%(8+(84+(%<4+:)#%$%(9+64(L+(84+(%<4+7%$$+$)64+'%<
78%$4+><%@%*=B+38%6+&)"$>+&'"64+(%<4+;'%$"<4L+$)66+);+@48%&$4+&)*(<)$L+'&&%>4*(6L+'*>+64<%)"6+%*A"<%46
'*>+>4'(8B
● -)+*)(+&)*(%*"4+><%@%*=+%;+(84+(%<4+H<466"<4+%6+NBO+#'<+UN`+H6%YNOP+J!'V+)<+$466+';(4<+NP+:%*,
"(46+);+><%@%*=B
● E)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+;)<
'66%6('*&4B

/G3DE1
W7%(&8+);;+(84+'%<+&):H<466)<+';(4<+_+:%*"(46+);+)H4<'(%)*+'(+(84+$'(46(+6)+(8'(+%(+>)46+*)(+)@4<,
84'(B+.$$)7+(84+'%<+&):H<466)<+()+&))$+>)7*+;)<+64@4<'$+:%*"(46+#4;)<4+67%(&8%*=+%(+#'&J+)*
'='%*B

)*5#.$#*#9$

F$%859$

)*5#.$#*#9$(=%29$C+%$'(*#C(C565.*,(>*5#.$#*#9$('9/$C+,$

F6%*=+(84+@48%&$4+%>4*(%;%&'(%)*+$'#4$
@48%&$4+%>4*(%;%&'(%)*+$'#4$+'>84<4>+()+(84+G7*4<d6+a'*"'$+7'$$4(+4*6"<46+(8'(+9)"
&'*+'$7'96+%*6('$$+(84+&)<<4&(+04*"%*4+X)$J67'=4*+!'<(6f+%*+9)"<+@48%&$4B+38%6+&'*+'$6)+>4(4<:%*4
78%&8+:'%*(4*'*&4+(9H4+%6+6"%('#$4+;)<+9)"<+@48%&$4B
384+@48%&$4+>'('+$'#4$+&)*('%*6+(84+%*%(%'$+<4=%6(<'(%)*+)<+>4$%@4<9+>'(4+'*>+(84+>4$%@4<9
%*%(%'$+<4=%6(<'(%)*+)<+>4$%@4<9+>'(4+'*>+(84+>4$%@4<9
%*6H4&(%)*
%*6H4&(%)*L+78%&8+&4<(%;%46+(84+#4=%**%*=+);+9)"<+@48%&$4+7'<<'*(9B

F*85#6(>*5#.$#*#9$(=%29$C+%$'(./*.(/*8$(4$$#(=$%32%>$C(H_C565M
.*,(>*5#.$#*#9$('9/$C+,$`I
384+&4<(%;%&'(4+);+:'%*(4*'*&4+%6+6'@4>+#9+9)"<+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J,
67'=4*+W4<@%&4+R'&%$%(9+%*+'+&4*(<'$+696(4:B+38%6+(<'*6H'<4*(+>)&":4*('(%)*+);+(84+64<@%&4+8%6()<9
'$$)76+9)"+()+@4<%;9+78%&8+:'%*(4*'*&4+7)<J+8'6+#44*+H4<;)<:4>B+X)$J67'=4*+<4&)::4*>6+<4,
&4%@%*=+'+H<%*(4>+<4&)<>+);+(84+:'%*(4*'*&4+H<)&4>"<46+(8'(+74<4+H4<;)<:4>+'*>+6()<4>+%*+(84
696(4:+4'&8+(%:4+:'%*(4*'*&4+7)<J+%6+H4<;)<:4>B
1'&8+:'%*(4*'*&4+%6+H4<;)<:4>+)*+(84+@48%&$4L+(84+H<%*(4>+<4&)<>+;<):+(84+H<4@%)"6+:'%*(4,
*'*&4+68)"$>+#4+<4H$'&4>+7%(8+'+*47+<4&)<>+;<):+(84+&"<<4*(+:'%*(4*'*&4B
384+>%=%('$+:'%*(4*'*&4+6&84>"$4+%6+*)(+'@'%$'#$4+%*+6):4+:'<J4(6B+D;+(8%6+%6+(84+&'64L
'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+7%$$+(4$$
9)"+8)7+(84+:'%*(4*'*&4+64<@%&4+%6+>)&":4*(4>B

)*5#.$#*#9$(=%29$C+%$'
384+;)$$)7%*=+%*;)<:'(%)*+%6+>)&":4*(4>+#9+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>
X)$J67'=4*+W4<@%&4+R'&%$%(9+%*+(84+>%=%('$+:'%*(4*'*&4+6&84>"$4T
— C84*+'*>+78%&8+64<@%&4+7'6+H4<;)<:4>B
— D;+'+<4H'%<+<4&)::4*>'(%)*+7'6+=%@4*L+;)<+45':H$4+(8'(+(84+#<'J4+H'>6+68)"$>+#4+<4H$'&4>
6))*B
— D;+9)"+8'>+6H4&%'$+<4I"46(6+;)<+)<+>"<%*=+:'%*(4*'*&4B+n)"<+64<@%&4+'>@%6)<+7%$$+*)(4+(8464+)*
(84+)<>4<B
— C8%&8+&):H)*4*(6+'*>+)H4<'(%*=+;$"%>6+8'@4+#44*+<4H$'&4>B
— C84*+9)"<+*45(+64<@%&4+'HH)%*(:4*(+%6B

384+b)*=b%;4+a)#%$%(9+0"'<'*(44+'HH$%46+"*(%$+9)"<+*45(+%*6H4&(%)*+(8'(+%6+>"4B+38%6+%6+>)&":4*(,
4>+'(+4@4<9+>"4+%*6H4&(%)*B
384+(9H4+'*>+6&)H4+);+:'%*(4*'*&4+H<)&4>"<46+&'*+@'<9+;<):+@48%&$4+()+@48%&$4B+384+@48%&$4,6H4,
&%;%&+:'%*(4*'*&4+%(4:6+&'*+#4+<4I"46(4>+'(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>
X)$J67'=4*+W4<@%&4+R'&%$%(9B

C.2/D/0
!4<;)<:%*=+%*'>4I"'(4+:'%*(4*'*&4L+;'%$%*=+()+H4<;)<:+:'%*(4*'*&4L+'*>+>%6<4='<>%*=+:'%*(4,
*'*&4+%*(4<@'$6+&'*+&'"64+@48%&$4+#<4'J>)7*6+78%$4+><%@%*=+'6+74$$+'6+'&&%>4*(6+'*>+64<%)"6
%*A"<%46B
● K'@4+:'%*(4*'*&4+H<)&4>"<46+H4<;)<:4>+#9+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>
X)$J67'=4*+W4<@%&4+R'&%$%(9B

/G3DE1
X)$J67'=4*+%6+*)(+<46H)*6%#$4+;)<+>':'=4+()+(84+@48%&$4+&'"64>+#9+%*6";;%&%4*(+:'%*(4*'*&4+)<
'+$'&J+);+'@'%$'#$4+H'<(6B

K'@%*=+(84+@48%&$4+:'%*(4*'*&4+H4<;)<:4>+<4="$'<$9+*)(+)*$9+:'%*('%*6+(84+@'$"4+);+(84
@48%&$4L+#"(+'$6)+&)*(<%#"(46+()+)H4<'(%)*'$+6';4(9+'*>+<)'>7)<(8%*466B+384<4;)<4L+8'@4
:'%*(4*'*&4+H<)&4>"<46+H4<;)<:4>+'&&)<>%*=+()+X)$J67'=4*+%*6(<"&(%)*6B

?5<$C('$%859$(2%(3,$<54,$('$%859$
R%=B+
R%=B+NN+ X48%&$4+%>4*(%;%&'(%)*+$'#4$+7%(8+!2+*":#4<+;)<+(84+<46H4&(%@4+64<@%&4+U=4*4<'$+45':H$4V

384+64<@%&4+4@4*(6+'<4+>%@%>4>+%*()+4%(84<+)%$+&8'*=4+64<@%&4
)%$+&8'*=4+64<@%&4+)<+%*6H4&(%)*
%*6H4&(%)*B+384+64<@%&4+%*(4<,
@'$+>%6H$'9+%*+(84+%*6(<":4*(+&$"6(4<+64<@46+'6+'+<4:%*>4<+;)<+(84+>"4+>'(4+);+(84+*45(+64<@%&4
4@4*(B

-4H4*>%*=+)*+(84+@48%&$4+4I"%H:4*(L+(84+4*=%*4L+'*>+(84+)H4<'(%*=+&)*>%(%)*6
;%54>+64<@%&4
;%54>+64<@%&4;$45%#$4+64<@%&4
;$45%#$4+64<@%&4

L2"(C2(G(35#C(2+.("/59/('$%859$(.1=$(>1(8$/59,$(#$$C'T
— [9+(84+@48%&$4+%>4*(%;%&'(%)*+$'#4$+!2+*":#4<+M+;%=B+N +U'<<)7V+UM+34&8*%&'$+>'('L+-46&<%H(%)*V B
— G*+(84+;)$$)7%*=+('#$4

W4<@%&4+4@4*( !2+*":#4< W4<@%&4+(9H4 W4<@%&4+%*(4<@'$

eDN 1@4<9+\LPPP+J:Y:%
\LPPP+J:Y:%+)<+N+94'<
N+94'<

eDQ 1@4<9+^L\PP+J:Y:%
^L\PP+J:Y:%+)<+N+94'<
N+94'<
R%54>
G%$+&8'*=4+64<@%&4 eDO 1@4<9+NPLPPP+J:Y:%
NPLPPP+J:Y:%+)<+N+94'<
N+94'<

eDZ 1@4<9+N\LPPP+J:Y:%
N\LPPP+J:Y:%+)<+N+94'<
N+94'<

eD] R$45%#$4 .&&)<>%*=+()+(84+64<@%&4+%*(4<@'$+>%6H$'9

D*6H4&(%)* .&&)<>%*=+()+(84+64<@%&4+%*(4<@'$+>%6H$'9
/)(4+(84+%*;)<:'(%)*+)*+4*=%*4+)%$+6H4&%;%&'(%)*6+%*+'&&)<>'*&4+7%(8+(84+XC+6('*>'<>+UM+1*=%*4
)%$L+-46&<%H(%)*V B

F=$95*,(92#C5.52#'(32%(3,$<54,$('$%859$
C%(8+;$45%#$4+64<@%&4
;$45%#$4+64<@%&4L+9)"+)*$9+*44>+()+8'@4+'*+)%$+&8'*=4+64<@%&4+H4<;)<:4>+784*+9)"<+@48%&$4
<4I"%<46+%(B+384+6H4&%;%&+)H4<'(%*=+&)*>%(%)*6+'*>+(84+H4<6)*'$+><%@%*=+6(9$4+'<4+"64>+()+&'$&"$'(4
(84+(%:4B+.+6('*>'<>+;4'("<4+);+;$45%#$4+64<@%&4+%6+(84+"64+);+b)*=b%;4+4*=%*4+)%$+%*6(4'>+);+(84
6('*>'<>+4*=%*4+)%$B
/)(4+(84+%*;)<:'(%)*+)*+4*=%*4+)%$+6H4&%;%&'(%)*6+%*+'&&)<>'*&4+7%(8+(84+XC+6('*>'<>+UM+1*=%*4
)%$L+-46&<%H(%)*V B
D;+9)"+>)+*)(+7'*(+()+"64+;$45%#$4+64<@%&4+H$'*L+9)"+&'*+'$6)+)H(+;)<+(84+;%54>+64<@%&4
H$'*B+K)74@4<L+'+;%54>+64<@%&4+H$'*+&'*+%*&<4'64+(84+64<@%&4+&)6(6B
H$'*B+K)74@4<L+'+;%54>+64<@%&4+H$'*+&'*+%*&<4'64+(84+64<@%&4+&)6(6B+n)"<+64<@%&4+'>@%6)<
7%$$+H<)@%>4+9)"+7%(8+%*;)<:'(%)*B

F$%859$(5#.$%8*,(C5'=,*1
W4<@%&4+>"4+>'(46+;)<+X)$J67'=4*+'<4+>%6H$'94>+%*+(84+64<@%&4+%*(4<@'$+>%6H$'9+%*+(84+%*6(<":4*(
&$"6(4<+UM+W4<@%&4+%*(4<@'$+>%6H$'9L+-46&<%H(%)*V +'*>+%*+(84+@48%&$4+64((%*=6+%*+(84+D*;)('%*:4*(
696(4:+UM+X48%&$4+64((%*=6+:4*"L+GH4<'(%)*V B+384+64<@%&4+%*(4<@'$+>%6H$'9+%*>%&'(46+784*+64<,
@%&46+(8'(+%*&$">4+'*+4*=%*4+)%$+&8'*=4+)<+'*+%*6H4&(%)*+'<4+>"4B+C84*+(84+)%$+&8'*=4+)<+%*6H4&,
(%)*+64<@%&4+%6+>"4L+)(84<+H<)&4>"<46+(8'(+'<4+'$6)+>"4L+6"&8+'6+#<'J4+;$"%>+'*>+6H'<J+H$"=+<4H$'&4,
:4*(L+&'*+#4+H4<;)<:4>B

G#32%>*.52#(*42+.(2=$%*.5#6(92#C5.52#'

384+6H4&%;%4>+64<@%&4+%*(4<@'$6+'*>+H<)&4>"<46+'<4+>4(4<:%*4>+#'64>+)*+*)<:'$+)H4<'(%*=+&)*,
)H4<'(%*=+&)*,
>%(%)*6
>%(%)*6B
F*>4<+45(<4:4+)H4<'(%*=+&)*>%(%)*6
45(<4:4+)H4<'(%*=+&)*>%(%)*6L+%(+%6+*4&466'<9+()+8'@4+6):4+7)<J+H4<;)<:4>+#4;)<4+(84
*45(+64<@%&4+(8'(+%6+>"4+)<+#4(744*+(84+6H4&%;%4>+64<@%&4+%*(4<@'$6B
15(<4:4+)H4<'(%*=+&)*>%(%)*6+:'9+%*&$">4T
— W"$;"<+;"4$
— R<4I"4*(+68)<(+(<%H6
— !<)$)*=4>+4*=%*4+%>$%*=L+6"&8+'6+('5%6
— GH4<'(%*=+%*+'<4'6+7%(8+8%=8+>"6(+$4@4$6
— R<4I"4*(+"64+);+(<'%$4<+:)>4
— !<%:'<%$9+6()H,'*>,=)+><%@%*=L+;)<+45':H$4+%*+(84+&%(9
— K4'@9+7%*(4<+)H4<'(%)*

38%6+46H4&%'$$9+'HH$%46+()+(84+;)$$)7%*=+&):H)*4*(6+
38%6+46H4&%'$$9+'HH$%46+()+(84+;)$$)7%*=+&):H)*4*(6+U>4H4*>%*=+)*+(84+4I"%H:4*(V
U>4H4*>%*=+)*+(84+4I"%H:4*(VTT
— -"6(+'*>+H)$$4*+;%$(4<
— .%<+E'<4+'$$4<=9+;%$(4<
— .%<+;%$(4<
— 3%:%*=+#4$(
— !'<(%&"$'(4+;%$(4<
— 1*=%*4+)%$

384+64<@%&4+'>@%6)<+'(+9)"<+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*
W4<@%&4+R'&%$%(9
W4<@%&4+R'&%$%(9+7%$$+'>@%64+9)"+%;+9)"<+@48%&$4d6+)H4<'(%*=+&)*>%(%)*6+<4I"%<4+H<)&4>"<46+()+#4
H4<;)<:4>+#4(744*+(84+<4="$'<+64<@%&4+%*(4<@'$6B

C.2/D/0
D*'>4I"'(4+:'%*(4*'*&4L+*)+:'%*(4*'*&4L+'*>+>%6<4='<>%*=+:'%*(4*'*&4+%*(4<@'$6+&'*+&'"64
@48%&$4+#<4'J>)7*6+%*+(<';;%&+'6+74$$+'6+'&&%>4*(6+'*>+64<%)"6+%*A"<%46B
● K'@4+64<@%&4+H<)&4>"<46+H4<;)<:4>+#9+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J,
67'=4*+W4<@%&4+R'&%$%(9B

/G3DE1
X)$J67'=4*+%6+*)(+<46H)*6%#$4+;)<+>':'=4+()+(84+@48%&$4+&'"64>+#9+%*6";;%&%4*(+:'%*(4*'*&4+)<
'+$'&J+);+'@'%$'#$4+H'<(6B

F92=$(23('$%859$

.$$+:'%*(4*'*&4+H<)&4>"<46
:'%*(4*'*&4+H<)&4>"<46+*4&466'<9+()+:'%*('%*+9)"<+@48%&$4c6+)H4<'(%)*'$+6';4(9+'*>+<)'>,
7)<(8%*466+'<4+%*&$">4>+%*+(84+6&)H4+);+64<@%&46+U>4H4*>%*=+)*+(84+)H4<'(%*=+&)*>%(%)*6
>4H4*>%*=+)*+(84+)H4<'(%*=+&)*>%(%)*6
'*>+@48%&$4+4I"%H:4*(
'*>+@48%&$4+4I"%H:4*(L+6"&8+'6+4*=%*4L+(<'*6:%66%)*L+)<+)H4<'(%*=+:'(4<%'$6VB+384+:'%*(4,
*'*&4+H<)&4>"<46+'<4+>%@%>4>+%*()+%*6H4&(%)*+H<)&4>"<46 +'*>+64<@%&4+H<)&4>"<46 B+n)"+&'*+;%*>
)"(+:)<4+%*;)<:'(%)*+'#)"(+78%&8+A)#6+'<4+<4I"%<4>+;)<+9)"<+@48%&$4+;<):T
— .*+'"(8)<%?4>+X)$J67'=4*+>4'$4<
— .*+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9
4<C%*+UM+24H'%<6+'*>+(4&8*%&'$+:)>%;%&'(%)*6L+W('*>'<>6Y>%<4&(%@46V +4$4&(<)*%&+<4H'%<
— D*+(84+4<C%*
'*>+64<@%&4+%*;)<:'(%)*+696(4:B

G#'=$9.52#(=%29$C+%$'
1$4&(<%&'$+4I"%H:4*(
— NQ+X+@48%&$4+#'((4<9T+&84&J+'*>+<4H$'&4+%;+*4&466'<9B
— b%=8(%*=T+&84&J
— K)<*T+&84&J
— K4'>$%=8(+'>A"6(:4*(T+&84&J
— W4<@%&4+%*(4<@'$+>%6H$'9T+<464(

1*=%*4+'*>+(<'*6:%66%)*
— 158'"6(+696(4:T+&84&J
— 3<'*6:%66%)*+'*>+;%*'$+><%@4T+&84&J
— 2%##4>+#4$(T+&84&J
— E))$%*=+696(4:T+&84&J
— 1*=%*4+'*>+&):H)*4*(6+%*+4*=%*4+&):H'<(:4*(T+&84&J
— 1*=%*4+)%$+$4@4$T+&84&J

W"6H4*6%)*
— ['$$+A)%*(6+'*>+(%4+<)>6T+&84&J
— 3%<46T+&84&J
— [<'J4+696(4:T+&84&J
— [<'J4+H'>6+'*>+#<'J4+<)()<6T+&84&J
— [<'J4+;$"%>+$4@4$T+&84&J
— EX+#))(6T+&84&J
— E)"H$%*=+<)>6+'*>+6('#%$%?4<+#'<6T+&84&J
— .%<+6"6H4*6%)*T+&84&J
— 3%<4+<4H'%<+J%(T+&84&J
— 3%<4+H<466"<4T+&84&J
— !)74<+6(44<%*=T+&84&J
— W8)&J+'#6)<#4<6+'*>+&)%$+6H<%*=6T+&84&J

[)>9
— 2));+696(4:6T+&84&J
— C%*>68%4$>T+&84&J
— [)>9T+&84&J+;)<+&)<<)6%)*
— C%H4<+#$'>46T+&84&J
— C%*>68%4$>+7'684<+696(4:T+&84&J
— -))<+'<<46(4<T+&84&J
— F*>4<#)>9T+&84&J
— -<%H+<'%$6T+&84&J

— 346(+><%@4T+H4<;)<:

)*5#.$#*#9$(=%29$C+%$'
D*+'>>%(%)*+()+(84+%*6H4&(%)*+H<)&4>"<46L+'>>%(%)*'$+:'%*(4*'*&4+H<)&4>"<46+:"6(+#4+H4<;)<:4>
)*+9)"<+@48%&$4+>4H4*>%*=+)*+(84+)H4<'(%*=+&)*>%(%)*6+'*>+@48%&$4+4I"%H:4*(
>4H4*>%*=+)*+(84+)H4<'(%*=+&)*>%(%)*6+'*>+@48%&$4+4I"%H:4*(L+6"&8+'6
(84+4*=%*4L+(<'*6:%66%)*L+'*>+)H4<'(%*=+:'(4<%'$6B+38464+'<4+4%(84<+(%:4,>4H4*>4*( +'*>
:%$4'=4,>4H4*>4*( L+)<+)*$9+(%:4,>4H4*>4*( +)<+:%$4'=4,>4H4*>4*( B
— .>>%(%@4T+&8'*=4+)<+;%$$
— [<'J4+;$"%>T+&8'*=4
— !'<(%&"$'(4+;%$(4<T+&84&J
— 3<'*6:%66%)*T+<4H$'&4+;$"%>+'*>+;%$(4<+U%;+*4&466'<9V
— R%*'$+><%@4+'*>+>%;;4<4*(%'$T+&8'*=4+)%$
— -%464$+;"4$+;%$(4<T+<4H$'&4+)<+><'%*
— .%<+;%$(4<T+<4H$'&4
— 1*=%*4T+<4H$'&4+)%$+'*>+;%$(4<+U%;+*4&466'<9V
— -"6(+'*>+H)$$4*+;%$(4<T+<4H$'&4
— .%<+E'<4+'$$4<=9+;%$(4<T+<4H$'&4
— WH'<J+H$"=6T+<4H$'&4
— 3%:%*=+#4$(+'*>+(4*6%)*%*=+<)$$4<T+&84&J+)<+<4H$'&4

.>>%(%)*'$+:'%*(4*'*&4+H<)&4>"<46+(8'(+'<4+#49)*>+(84+6&)H4+);+78'(+%6+$%6(4>+&'*+'$6)+#4
H4<;)<:4>B
384+6&)H4+);+64<@%&46+:'9+&8'*=4+;)<+(4&8*%&'$+<4'6)*6L+;)<+45':H$4+>"4+()+&)*(%*")"6+>4@4$)H,
:4*(+);+&):H)*4*(6B+.*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9
&'*+H<)@%>4+"H,(),>'(4+%*;)<:'(%)*+'#)"(+&8'*=46B

7$/59,$(9*%$

7$/59,$(9*%$(5#32%>*.52#

24="$'<L+H<)H4<+&'<4+84$H6+()+:'%*('%*+9)"<+@48%&$4B
384+$)*=4<+>%<(+<4:'%*6+)*+(84+6"<;'&46+);+@48%&$4+&):H)*4*(6+'*>+"H8)$6(4<9L+(84+:)<4+>%;;%&"$(
%(+:'9+#4+()+&$4'*+(84:B+b)*=,(4<:+45H)6"<4+&'*+:'J4+%(+%:H)66%#$4+;)<+>%<(+()+#4+<4:)@4>B
X)$J67'=4*+<4&)::4*>6+"6%*=+X)$J67'=4*+04*"%*4+E'<4+!<)>"&(6+(8'(+'<4+'HH<)@4>+;)<+9)"<
@48%&$4B

C.2/D/0
D:H<)H4<+&'<4+'*>+&$4'*%*=+);+@48%&$4+&):H)*4*(6+&)"$>+%:H'%<+@48%&$4+6';4(9+4I"%H:4*(+'*>
&'"64+64<%)"6+%*A"<%46B
● E$4'*+'*>+:'%*('%*+@48%&$4+&):H)*4*(6+)*$9+'&&)<>%*=+()+(84+:'*";'&("<4<c6+%*6(<"&(%)*6B
● .$7'96+"64+'HH<)@4>+)<+<4&)::4*>4>+&$4'*%*=+6)$"(%)*B
● /4@4<+"64+&$4'*%*=+6)$"(%)*6+(8'(+&)*('%*+6)$@4*(6B+W)$@4*(6+&'*+&'"64+H4<:'*4*(+>':'=4
()+(84+'%<#'=+:)>"$4B
● !<)(4&(+9)"<+8'*>6+'*>+'<:6+'='%*6(+&):H)*4*(6+7%(8+68'<H+4>=46L+;)<+45':H$4+784*
&$4'*%*=+(84+%*6%>4+);+(84+7844$+8)"6%*=6B

C.2/D/0
-%<(9L+;)==9L+)<+%&9+7%*>)76+<4>"&4+@%6%#%$%(9+'*>+%*&<4'64+(84+<%6J+);+'&&%>4*(6+'*>+64<%)"6+%*,
A"<%46B+384+@48%&$4+6';4(9+4I"%H:4*(+&)"$>+#4&):4+%:H'%<4>B
● G*$9+><%@4+784*+(84<4+%6+&$4'<+@%6%#%$%(9+(8<)"=8+'$$+7%*>)76B
● -)+*)(+"64+7'(4<,<4H4$$4*(+7%*>)7+6)$"(%)*6+)*+(84+7%*>68%4$>B+38%6+&'*+&'"64+%*(4*64
=$'<4+"*>4<+H))<+@%6"'$+&)*>%(%)*6B
C.2/D/0
E'<4+H<)>"&(6+&'*+#4+H)%6)*)"6+'*>+>'*=4<)"6B+F*6"%('#$4+&'<4+H<)>"&(6+'*>+%*&)<<4&(+'HH$%&',
(%)*+);+&'<4+H<)>"&(6+&'*+&'"64+'&&%>4*(6L+64<%)"6+%*A"<%46L+#"<*6L+'*>+H)%6)*%*=B
● G*$9+6()<4+&'<4+H<)>"&(6+%*+(84%<+64'$4>+)<%=%*'$+&)*('%*4<6B
● 24'>+'*>+;)$$)7+(84+H'&J'=4+$4';$4(B
● S44H+&8%$><4*+'7'9+;<):+'$$+&'<4+H<)>"&(6B
● G*$9+"64+&'<4+H<)>"&(6+)"(6%>4+)<+%*+74$$,@4*(%$'(4>+'<4'6+6)+(8'(+*)+8'<:;"$+@'H)<6+'<4
%*8'$4>B
● /4@4<+"64+("<H4*(%*4L+4*=%*4+)%$L+*'%$+H)$%68+<4:)@4<L+)<+)(84<+;$"%>6+7%(8+@'H)<6+(8'(+>%66%,
H'(4+4'6%$9+;)<+@48%&$4+&'<4B+3849+'<4+H)%6)*)"6+'*>+8%=8$9+;$'::'#$4B

/G3DE1
E$4'*%*=+>%<(+7%(8+'==<466%@4+'*>+6)$@4*(,#'64>+H<)>"&(6+&'*+&'"64+H4<:'*4*(+>':'=4+()+@4,
8%&$4+4I"%H:4*(L+4@4*+%;+)*$9+45H)64>+()+(84+@48%&$4+&):H)*4*(+;)<+'+#<%4;+H4<%)>L+;)<+45':H$4
)*+64'(+&"68%)*6+)<+>4&)<'(%@4+H'<(6B
● -)+*)(+'$$)7+>%<(+()+><9B
● K'@4+6("##)<*+6H)(6+<4:)@4>+#9+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67',
=4*+W4<@%&4+R'&%$%(9B

-*'/5#6(./$(8$/59,$

38)<)"=8$9+7'68+(84+"*>4<6%>4+);+(84+@48%&$4+<4="$'<$9+()+<4:)@4+'*9+<46%>"4B

:+.2>*.59(9*%("*'/$'
.$7'96+;)$$)7+%*6(<"&(%)*6+;<):+(84+&'<+7'68+)H4<'()<L+46H4&%'$$9+%;+(84<4+'<4+'&&466)<%46+'(,
('&84>+()+9)"<+@48%&$4+M+ B
— E8))64+&'<+7'6846+7%(8+(45(%$4+#<"6846B
— !<47'68+(84+@48%&$4+7%(8+7'(4<B
— /4@4<+$)&J+(84+6(44<%*=+&)$":*+%*+'+&'<+7'68+UM+W(44<%*=L+R"*&(%)*V B
— .$7'96+67%(&8+);;+(84+7%H4<6+UM+C%*>68%4$>+7%H4<6L+-46&<%H(%)*V +'*>+(84+<'%*+'*>+$%=8(+64*6)<
#4;)<4+=)%*=+%*+(84+&'<+7'68B
— .$7'96+67%(&8+);;+."()+K)$>+;"*&(%)*+UM+."()+K)$>L+-46&<%H(%)*V B
— R)$>+%*+45(4<%)<+:%<<)<6B
— R)<+@48%&$4+7%(8+>4&)<'(%@4+'*>+H<)(4&(%@4+>4&'$6L+*4@4<+"64+'+7'68+H'&J'=4+7%(8+8)(+7'5B

O%$''+%$("*'/$%'
!'9+'((4*(%)*+()+(84+:'*";'&("<4<c6+%*6(<"&(%)*6+;)<+(84+H<466"<4+7'684<B+-)+*)(+"64+<)('(%*=
*)??$46+"*>4<+'*9+&%<&":6('*&46+M+ B
— G*$9+"64+7'(4<+"H+()+:'5%:":+jNZP+kR+Uj]P+kEVB
— -)+*)(+&$4'*+%&9+)<+6*)7,&)@4<4>+7%*>)76+7%(8+'+H<466"<4+7'684<B
— a)@4+(84+7'(4<+A4(+4@4*$9+7%(8+'+>%6('*&4+);+'(+\P+&:+UQP+%*&8V+#4(744*+(84+7'684<+A4(+'*>
(84+6%>4+7%*>)76+)<+)(84<+H'<(6+);+(84+@48%&$4B
— -)+*)(+>%<4&(+(84+7'(4<+'(+(84+6':4+6H)(+;)<+'+$)*=+H4<%)>+);+(%:4B+.$$)7+6("##)<*+>%<(+6H)(6
6)'J+%*6(4'>B
— D;+H)66%#$4L+>)+*)(+>%<4&(+(84+7'(4<+'(+<"##4<+64'$6L+4B=B+%*+(84+6%>4+7%*>)76L+=$)669+(<%:6L+(%<46L
<"##4<+8)646L+%*6"$'(%*=+:'(4<%'$L+'*>+)(84<+64*6%(%@4+@48%&$4+&):H)*4*(6B
— WH<'9+64*6)<6L+&':4<'+$4*646L+'*>+>4&)<'(%@4+'*>+H<)(4&(%@4+(<%:+>%<4&($9+)*$9+;)<+'+#<%4;
H4<%)>B

L*#C("*'/5#6
K'*>+7'68%*=+%6+=4*4<'$$9+'+6';4+7'9+()+&$4'*+9)"<+@48%&$4B+384<4+'<4+6(%$$+6):4+H)%*(6+()+&)*6%>,
4<+M+ B
— W)'J+'*9+>%<(+7%(8+'+$)(+);+7'(4<+#4;)<4+7'68%*=+(84+@48%&$4+'*>+(84*+7'68+'7'9+(8)<)"=8$9B
— E$4'*+(84+@48%&$4+7%(8+'+6);(+&$)(8L+'+7'68%*=+=$)@4L+)<+'+7'68%*=+#<"68+7%(8+$%=8(+H<466"<4B
W('<(+'(+(84+<));L+'*>+&)*(%*"4+()+7)<J+;<):+(84+()H+>)7*B
— 38)<)"=8$9+<%*64+(84+6H)*=4L+7'68+=$)@4L+)<+7'68+#<"68+<4="$'<$9+'*>+;<4I"4*($9B
— E$4'*+7844$6L+6%$$+H'*4$6L+4(&L+$'6(+"6%*=+'+>%;;4<4*(+6H)*=4B

G*$9+"64+'+&$4'*6%*=+68':H))+)*+6("##)<*+>%<(B

O%2.$9.5#6
.+=))>+H<464<@'(%)*+(<4'(:4*(+H<)(4&(6+(84+@48%&$4+H'%*(B+C84*+7'(4<+*)+$)*=4<+&$4'<$9+#4'>6+"H
)*+&$4'* +@48%&$4+H'%*(L+(84+@48%&$4+68)"$>+#4+(<4'(4>+7%(8+'+=))>+7'5+H<)(4&('*(+%;+*)(+4'<$%4<
(8'*+(8%6B
1@4*+%;+'+7'5+H<)(4&('*(+%6+'HH$%4>+<4="$'<$9+%*+'*+'"():'(%&+&'<+7'68L+X)$J67'=4*+<4&)::4*>6
H<)(4&(%*=+(84+@48%&$4+H'%*(+'(+$4'6(+(7%&4+'+94'<+"6%*=+X)$J67'=4*+04*"%*4+8'<>+7'5
UPPP+P`]+ON^VB

O2,5'/5#6
!)$%68%*=+%6+)*$9+*44>4>+%;+(84+'HH4'<'*&4+);+(84+@48%&$4+H'%*(+%6+H))<+'*>+'+68%*9+;%*%68+&'*+*)
$)*=4<+#4+'&8%4@4>+"6%*=+H<)(4&('*(6B
W"<;'&46+7%(8+:'((4+H'%*(+:"6(+*)(+#4+H)$%684>B+384+6"<;'&4+7%$$+#4+H4<:'*4*($9+>':'=4>+#9
(84+H'%*(+68%*%*=B

-*'/5#6(>*..$M35#5'/(8$/59,$'
E$4'*+@48%&$46+7%(8+:'((4+6"<;'&46+#9+8'*>+)<+%*+'+(45(%$4+7'684<+696(4:+7%(8)"(
7%(8)"(+'+7'5+(<4'(,
:4*(B+-"<%*=+'+8'*>+7'68L+;%<6(+<4:)@4+$'<=4+':)"*(6+);+>%<(+7%(8+H$4*(9+);+7'(4<L+(84*+7'68
(84+6"<;'&4+7%(8+'+:%$>+6)'H+6)$"(%)*B
3<4'(+6:'$$4<+>%<(9+6H)(6L+6"&8+'6+6H4&J6+);+=<4'64+)<+%*64&(+<46%>"4L+7%(8+'+6H4&%'$+&$4'*4<+;)<
:'((4+H'%*(B
C.2/D/0
.;(4<+'+&'<+7'68L+(84+#<'J%*=+4;;4&(+:'9+#4+>4$'94>+>"4+()+>':H+)<+%&9+#<'J4+<)()<6+'*>+#<'J4
H'>6+%*+(84+7%*(4<L+'*>+(8%6+&'*+%*&<4'64+(84+#<'J%*=+>%6('*&4B
● !4<;)<:+&'<4;"$+#<'J%*=+:'*4"@4<6+()+g><9+'*>+<4:)@4+%&4h+;<):+(84+#<'J46B+-)+*)(+4*>'*,
=4<+)(84<+<)'>+"64<6+78%$4+>)%*=+(8%6B

/G3DE1
D:H<)H4<+&'<+7'6846+&'*+%*&<4'64+(84+<%6J+);+64@4<4+@48%&$4+>':'=4B
● .$7'96+;)$$)7+(84+:'*";'&("<4<d6+%*6(<"&(%)*6B
● -)+*)(+7'68+(84+@48%&$4+%*+>%<4&(+6"*$%=8(B
● D*+&)$>+74'(84<L+*4@4<+>%<4&(+'+A4(+);+7'(4<+'(+$)&J6L+>))<6L+)<+(84+(<"*J+$%>B+X48%&$4+&):H),
*4*(6+&)"$>+;<44?4B

/G3DE1
E'<+7'6846+78%&8+:4&8'*%&'$$9+6&'*+&)*()"<6+:'9+>':'=4+(84+@48%&$4L+4B=B+6H)%$4<B

/G3DE1
a'((4+)#A4&(6+'*>+6"<;'&46L+"*H'%*(4>+H$'6(%&+H'<(6L+84'>$%=8(+$4*646L+'*>+('%$$%=8(6+&'*+#4&):4
>':'=4>+#9+%*&)<<4&(+7'68%*=B
● /4@4<+"64+8'<>+)<+'#<'6%@4+#<"6846B

G*$9+7'68+(84+@48%&$4+%*+;'&%$%(%46+6H4&%;%&'$$9+>46%=*4>+;)<+(8'(+H"<H)64B+38%6+7%$$+<4>"&4+(84
<%6J+);+7'(4<+&)*(':%*'(4>+7%(8+)%$+;<):+4*(4<%*=+(84+6474<+696(4:B

;<.$%52%(9*%$(*#C(9,$*#5#6

R%=B+
R%=B+NN+ [4(744*+(84+4*=%*4+&):H'<(:4*(+'*>+7%*>68%4$>T+H$4*":+&8':#4<+U=4*4<'$+45':H$4VB
R%=B+
R%=B+QQ+ D*+(84+<4'<+);+(84+@48%&$4T+24'<+X%47+E':4<'+696(4:+%*+(84+X)$J67'=4*+4:#$4:+

)<+)*+(84+8'*>$4+

U6&84:'(%&+>%'=<':VB

384+;)$$)7%*=+)@4<@%47+=%@46+<4&)::4*>'(%)*6+;)<+&$4'*%*=+'*>+&'<%*=+;)<+%*>%@%>"'$+@48%&$4
&):H)*4*(6+M+ B
C%*>)76+'*>+=$'66+6"<;'&46T
24:)@4+7'5+<46%>"4L+;)<+45':H$4+;<):+&'<4+H<)>"&(6L+"6%*=+(84+X)$J67'=4*+04*"%*4+&$4'*%*=
()74$+UPPP+P`]+N]]+.V+)<+"6%*=+'+6"%('#$4+=$'66+&$4'*4<B
F64+'+8'*>+#<"68+;)<+6*)7+'*>+%&4B+.$7'96+6$%>4+'+H$'6(%&+6&<'H4<+%*+)*4+>%<4&(%)*+)*$9B+R)<+%&4L
"64+X)$J67'=4*+04*"%*4+>4%&4<+UPPP+P`]+OQQVB
C%H4<+#$'>46T+UM+C%H4<+#$'>46L+-46&<%H(%)*V B
C%H4<+#$'>46T
!'%*(
!'%*(T
.$7'96+(<4'(+6"<;'&46+7%(8+45(<4:4+&'<4+()+H<4@4*(+H'%*(+>':'=4B+3<4'(+$%=8(+&)*(':%*'*(6L+;)<
45':H$4L+>4H)6%(6L+%*64&(6L+'*>+&)6:4(%&6L+%::4>%'(4$9+7%(8+'+&$4'*+6);(+()74$+'*>+'+:%$>+6)'H
6)$"(%)*
24H'%<+6:'$$+64&(%)*6+);+H'%*(+>':'=4+7%(8+'+H'%*(+H4*B+F64+(84+H'%*(+*":#4<+;<):+(84+@48%&$4
%>4*(%;%&'(%)*+$'#4$+UM+34&8*%&'$+>'('L+-46&<%H(%)*V B+E)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<
'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+;)<+>':'=4+()+:'((4+H'%*(+6"<;'&46B
.>>%(%)*'$+%*;)<:'(%)*T
— WH%$$4>+;"4$+)<+64<@%&4+;$"%>6T+&$4'*+%::4>%'(4$9B
— 2"6(+6H)(6T+>':H4*+6H)(6+7%(8+6)'H+6)$"(%)*B+384*+<4:)@4+7%(8+'+&$4'*%*=+&$'9+#'<B
— E)<<)6%)*T+8'@4+<4:)@4>+#9+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<,
@%&4+R'&%$%(9B
!$4*":+&8':#4<+'*>+4*=%*4+&):H'<(:4*(T
24:)@4+$4'@46+)<+)(84<+$))64+)#A4&(6+7%(8+'+@'&"":+)<+#9+8'*>+M+;%=B+N +L+M+ B+384+4*=%*4
&):H'<(:4*(+68)"$>+'$7'96+#4+&$4'*4>+#9+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J,
67'=4*+W4<@%&4+R'&%$%(9+M+ B
C'(4<+%*(<)>"&4>+:'*"'$$9+%*()+(84+H$4*":+&8':#4<L+;)<+45':H$4+7%(8+'+H<466"<4+7'684<L+&'*
&'"64+&)*6%>4<'#$4+@48%&$4+>':'=4B
W4*6)<6+'*>+&':4<'+$4*646T
E$4'*+(84+'<4'+%*+;<)*(+);+(84+64*6)<6+)<+(84+&':4<'+"6%*=+'+>':H+&$)(8+'*>+6)$@4*(,;<44+&$4'*%*=
6)$"(%)*B+/)(4+(84+%*6('$$'(%)*+$)&'(%)*6+UM+X48%&$4+)@4<@%476L+G@4<@%47V B
R)<+@48%&$46+7%(8+24'<+X%47+E':4<'+696(4:+%*+<4'<+XC+4:#$4: +M+;%=B+Q + T
— W7%(&8+(84+%=*%(%)*+)*B
— 1*='=4+(84+2
2+64$4&()<+$4@4<+H)6%(%)*B
— E$4'*+(84+&':4<'+$4*6B

E$4'*+64*6%(%@4+6"<;'&46+);+(84+<'%*Y$%=8(+64*6)<+'*>+(84+&':4<'+7%*>)7+)*+(84+7%*>68%4$>+'6+9)"
7)"$>+7%*>)76+'*>+=$'66+6"<;'&46
7%*>)76+'*>+=$'66+6"<;'&46+U>4H4*>%*=+)*+(84+4I"%H:4*(VB
24:)@4+6*)7+7%(8+'+8'*>+#<"68B+-)+*)(+"64+7'<:+)<+8)(+7'(4<B+R)<+%&4L+"64+X)$J67'=4*+04*,
"%*4+>4%&4<+UPPP+P`]+OQQVB
-4&)<'(%@4+'*>+H<)(4&(%@4+>4&'$6T
24:)@4+&)*(':%*'*(6+'6+>46&<%#4>+;)<+H'%*(
H'%*(B+R)<+:'((4+>4&)<'(%@4+>4&'$6L+"64+X)$J67'=4*+04*,
"%*4+H$'6(%&+<4:)@4<+UPPP+P`]+ONZVB
3<4'(+(84+@48%&$4+4@4<9+(8<44+:)*(86+7%(8+$%I"%>+8'<>+7'5B+384+@48%&$4+:"6(+#4+;<44+);+>%<(+'*>
>"6(+#4;)<4+(<4'(%*=B+.HH$9+"6%*=+)*$9+&$4'*L+6);(+:%&<);%#4<+&$)(86B+-)+*)(+"64+8)(+7'5
-)+*)(+"64+8)(+7'5L+4@4*
%*+'+&'<+7'68B
.>>%(%)*'$+%*;)<:'(%)*T
— K'<>+&)*(':%*'*(6T+<4:)@4+=4*($9+7%(8+4(89$+'$&)8)$+'*>+(84*+7'68+7%(8+7'<:+7'(4<B

3<%:6+:'>4+)"(+);+&8<):4,H$'(4>+H$'6(%&L+'$":%*":+)<+6('%*$466+6(44$+'*>+('%$H%H4T
E$4'*+6"<;'&46+7%(8+X)$J67'=4*+04*"%*4+&8<):4+'*>+'$":%*":+H<)>"&(6+UPPP+P`]+ON`+-VB
E8<):4,H$'(4>+(<%:6+&'*+#4+H<)(4&(4>+7%(8+X)$J67'=4*+04*"%*4+8'<>+7'5+UPPP+P`]+ON^VB
K4'>$%=8(6+'*>+('%$$%=8(6T

F64+'+6);(+6H)*=4+6'("<'(4>+7%(8+:%$>+6)'H+6)$"(%)*
.>>%(%)*'$+%*;)<:'(%)*T
— 3)"=8+&)*(':%*'*(6T+<4:)@4+7%(8+X)$J67'=4*+04*"%*4+&8<):4+'*>+'$":%*":+&8<):4+H<)>,
"&(6+UPPP+P`]+ON`+-VB

C844$6T
24:)@4+&)*(':%*'*(6+'*>+<)'>+6'$(+7%(8+H$4*(9+);+7'(4<B
R)<+'$$)9+7844$6T+(<4'(+>%<(9+'$":%*":+'$$)9+<%:6+7%(8+X)$J67'=4*+04*"%*4+<%:+&$4'*4<
UPPP+P`]+OPZVB+X)$J67'=4*+<4&)::4*>6+'HH$9%*=+X)$J67'=4*+04*"%*4+8'<>+7'5+UPPP+P`]+ON^V
()+(84+<%:6+4@4<9+(8<44+:)*(86B
.>>%(%)*'$+%*;)<:'(%)*T
— -':'=4+()+(84+H<)(4&(%@4+H'%*(+$'94<T+'$7'96+<4H'%<+7%(8+'+H'%*(+H4*B+D;+*4&466'<9L+&)*('&(+'*
'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+;)<+'66%6('*&4B
— [<'J4+>"6(T+"64+X)$J67'=4*+04*"%*4+<%:+&$4'*4<+UPPP+P`]+OPZVB

-))<+$)&J+&9$%*>4<T
X)$J67'=4*+<4&)::4*>6+"6%*=+X)$J67'=4*+04*"%*4+>4%&4<+UPPP+P`]+OQQV+;)<+>4%&%*=B+-)+*)(
"64+'*9+>))<+$)&J+>4%&4<6+7%(8+>4=<4'6%*=+6"#6('*&46B

C.2/D/0
384+4*=%*4+&):H'<(:4*(+%6+'+>'*=4<)"6+'<4'+%*+'*9+@48%&$4B+384<4+%6+'+<%6J+);+%*A"<9L+6&'$>%*=L
'&&%>4*(6L+'*>+#"<*6+784*+H4<;)<:%*=+'*9+7)<J+%*+(84+4*=%*4+&):H'<(:4*(B
● .$7'96+*)(4+(84+*4&466'<9+8'*>$%*=+="%>4$%*46+'*>+(84+6';4(9+H<4&'"(%)*6+4@4<9+(%:4+#4;)<4
7)<J%*=+%*+(84+4*=%*4+&):H'<(:4*(+UM+D*+(84+4*=%*4+&):H'<(:4*(L+04*4<'$+6';4(9V B
● X)$J67'=4*+<4&)::4*>6+8'@%*=+(8464+H<)&4>"<46+>)*4+#9+'*+'"(8)<%?4>+X)$J67'=4*+>4'$,
4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B

/G3DE1
D*&)<<4&(+&$4'*%*=+'*>+&'<4+&'*+&'"64+@48%&$4+>':'=4B
● .$7'96+;)$$)7+(84+:'*";'&("<4<d6+%*6(<"&(%)*6B
● /4@4<+"64+&$4'*%*=+)#A4&(6+(8'(+'<4+())+8'<>+)<+'#<'6%@4B

/G3DE1
384+H$4*":+&8':#4<+><'%*+&'*+#4+#$)&J4>+#9+$4'@46+'*>+>%<(B+C'(4<+(8'(+&'**)(+><'%*+:'9+$4'J
%*()+(84+%*(4<%)<B
● K'@4+(84+'<4'+"*>4<+(84+H4<;)<'(4>+&)@4<+&$4'*4>+#9+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'",
(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B

384+>"<'#%$%(9+'*>+&)$)<%*=+)*+>4&)<'(%@4+'*>+H<)(4&(%@4+>4&'$6+&'*+#4+';;4&(4>+#9+4*@%,
<)*:4*(+&)*>%(%)*6L+6"&8+'6+6"*$%=8(L+:)%6("<4L+'%<+H)$$"(%)*L+6()*4+&8%H6L+4(&B+-4&)<'(%@4
>4&'$6+:'9+68)7+6%=*6+);+74'<+'*>+'=%*=+';(4<+'HH<)5%:'(4$9+)*4+()+(8<44+94'<6L+'*>
H<)(4&(%@4+>4&'$6+';(4<+'HH<)5%:'(4$9+(7)+()+(8<44+94'<6B+D*+@4<9+8)(+&$%:'(46L+(84+>4&),
<'(%@4+>4&'$6+:'9+;'>4+6$%=8($9+7%(8%*+)*4+94'<+'*>+(84+H<)(4&(%@4+>4&'$6+7%(8%*+(7)
94'<6B

G#.$%52%(9*%$(*#C(9,$*#5#6

384+;)$$)7%*=+)@4<@%47+=%@46+<4&)::4*>'(%)*6+;)<+&$4'*%*=+'*>+&'<%*=+;)<+%*>%@%>"'$+@48%&$4
&):H)*4*(6+M+ B
C%*>)76T
E$4'*+7%(8+'+=$'66+&$4'*4<L+(84*+7%H4+><9+7%(8+'+&$4'*+&8':)%6+)<+'+$%*(,;<44+&$)(8B
345(%$46L+:%&<);%#4<L+'*>+'<(%;%&%'$+$4'(84<T
24:)@4+&)*(':%*'*(6+7%(8+X)$J67'=4*+04*"%*4+%*(4<%)<+&$4'*4<+UPPP+P`]+OPNVB+-)+*)(+(<4'(+:',
(4<%'$6+7%(8+$4'(84<+&$4'*4<6L+6)$@4*(6L+;$))<+H)$%68L+68)4+H)$%68L+H'%*(+<4:)@4<L+)<+)(84<+6%:%$'<
6"#6('*&46B
.>>%(%)*'$+%*;)<:'(%)*T
— -%<(+H'<(%&$46+(8'(+'>84<4+()+6"<;'&46T+&$4'*+<4="$'<$9+7%(8+'+@'&"":+6)+(8'(+(84+:'(4<%'$+%6+*)(
>':'=4>+#9+;<4I"4*(+6&<"##%*=B
— R)<+=<4'64,#'64>+&)*(':%*'*(6+6"&8+'6+)%$L+"64+X)$J67'=4*+04*"%*4+%*(4<%)<+&$4'*4<
UPPP+P`]+OPNVB+[$)(+'7'9+(84+>%66)$@4>+=<4'64+)<+>94+7%(8+'*+'#6)<#4*(+()74$+'*>+(<4'(+';(4<,
7'<>+7%(8+7'(4<L+%;+*4&466'<9B
— R)<+6):4+6('%*6+6"&8+'6+H4*+)<+*'%$+H)$%68L+"64+X)$J67'=4*+04*"%*4+%*(4<%)<+&$4'*4<
UPPP+P`]+OPNVB+D;+*4&466'<9L+(<4'(+';(4<7'<>6+7%(8+'+:%$>+6)'H+6)$"(%)*B

/'("<'$+$4'(84<T

24:)@4+;<468+>%<(+7%(8+'+&)(()*+&$)(8+'*>+'+:%$>+6)'H+6)$"(%)*
3<4'(+><%4>+6H)(6+7%(8+X)$J67'=4*+G<%=%*'$+$4'(84<+&$4'*4<+UPPP+P`]+OQOVB
.;(4<+4'&8+&$4'*%*=+'*>+<4="$'<$9+#4(744*+&$4'*%*=6L+'HH$9+&)*>%(%)*%*=+&<4':+(8'(+H<)(4&(6
;<):+$%=8(+'*>+H4*4(<'(46+%*()+(84+:'(4<%'$B+F64+6H4&%'$+&)$)<4>+&)*>%(%)*%*=+&<4':L+%;+*4&466'<9B
D;+$4'@%*=+(84+@48%&$4+H'<J4>+;)<+$)*=+H4<%)>6+);+(%:4L+9)"+68)"$>+&)@4<+(84+$4'(84<+()+H<)(4&(+%(
;<):+>%<4&(+6"*$%=8(B
/4@4<+(<4'(+$4'(84<+7%(8+6)$@4*(6L+;$))<+H)$%68L+68)4+H)$%68L+H'%*(+<4:)@4<L+)<+)(84<+6%:%$'<
6"#6('*&46B
.>>%(%)*'$+%*;)<:'(%)*T
— 24:)@4+'*9+;<468+6H)(6+);+=<4'64+6"&8+'6+)%$+7%(8+'*+'#6)<#4*(+&$)(8B
— 3<4'(+6H4&%'$+6('%*6L+6"&8+'6+H4*L+*'%$+H)$%68L+'*>+><%4>+6('%*6L+7%(8+X)$J67'=4*+04*"%*4+$4'(84<
&$4'*4<+UPPP+P`]+OQOVB

!$'6(%&+H'<(6T
F64+'+6);(L+>':H+()74$B

D;+'+:%$>+6)'H+6)$"(%)*+&'**)(+<4:)@4+6("##)<*+6('%*6
PPP+P`]+ONZ
-4&)<'(%@4+H'<(6L+>4&)<'(%@4+(<%:+:'>4+)"(+);+&8<):4L+'$":%*":L+)<+6('%*$466+6(44$T

E$4'*+"6%*=+'+&$4'*L+6);(+()74$+'*>+:%$>+6)'H+6)$"(%)*
3<4'(+'*)>%?4>+6"<;'&46+7%(8+X)$J67'=4*+04*"%*4+&8<):4+'*>+'$":%*":+&8<):4+H<)>"&(6
UPPP+P`]+ON`+-VB
E)*(<)$6T
F64+'+6);(+#<"68+()+<4:)@4+$'<=4+>%<(+>4H)6%(6+'6+74$$+'6+'*9+>%<(+(8'(+%6+>%;;%&"$(+()+<4'&8B+384*
"64+'+&$4'*L+6);(+&$)(8+'*>+'+:%$>+6)'H+6)$"(%)*
-%6H$'96+'*>+6&<44*6T
F64+'+X)$J67'=4*+04*"%*4+&$4'*%*=+&$)(8+UPPP+P`]+N]]+.V+7%(8+6):4+7'(4<L+6"%('#$4+=$'66+&$4'*,
4<L+)<+'*+bE-+&$4'*4<B+-)+*)(+&$4'*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9+'*>+(84+D*;)('%*:4*(+696(4:
6&<44*+784*+(849+'<4+><9B+3"<*+);;+(84+D*;)('%*:4*(+696(4:+(4:H)<'<%$9+()+&$4'*+%(B
2"##4<+64'$6T
E$4'*+7%(8+'+6);(L+$%*(,;<44+&$)(8+'*>+H$4*(9+);+7'(4<B+3<4'(+<4="$'<$9+7%(8+X)$J67'=4*+04*"%*4
<"##4<+&'<4+H<)>"&(+UPPP+P`]+ONPVB
W';4(9+#4$(6T
F*<44$+(84+6';4(9+#4$(+&):H$4(4$9+'*>+$4'@4+(84+#4$(+"*<44$4>+M+ B+24:)@4+$'<=4+6H)(6+);+>%<(
7%(8+'+6);(+#<"68B+E$4'*+(84+6';4(9+#4$(+7%(8+'+:%$> +6)'H+6)$"(%)*B+b4(+(84+#4$(+74##%*=+><9+&):,
H$4(4$9L+(84*+'$$)7+(84+#4$(+()+<4(<'&(B
C))>+(<%:T

E$4'*+7%(8+'+6);(+&$)(8+'*>+'+:%$>+6)'H+6)$"(%)*

E,$*#5#6(+=/2,'.$%1
D;+>94+;<):+&$)(8%*=+6"&8+'6+>4*%:+6('%*6+(84+64'(+&"68%)*L+(8%6+%6+*)(+&)*6%>4<4>+'+>4;4&(+%*+(84
@48%&$4+"H8)$6(4<9B+.%<#'=+696(4:+&):H)*4*(6+'*>+&)**4&()<6+:'9+#4+%*6('$$4>+%*+(84+64'(+&"68,
%)*6B+-':'=4L+%*&)<<4&(+&$4'*%*=+'*>+8'*>$%*=L+)<+:)%6("<4+&'*+'$6)+&'"64+'*+'%<#'=+696(4:+:'$,
;"*&(%)*+'6+74$$+'6+>':'=4+()+(84+@48%&$4+4$4&(<%&'$+696(4:+M+ B
-4H4*>%*=+)*+(84+4I"%H:4*(L+4$4&(<%&'$+&):H)*4*(6+'*>+&)**4&()<6+:'9+#4+%*6('$$4>+%*+(84+64'(
6"<;'&4+7%(8+64'(+84'(%*=L+78%&8+&'*+#4+>':'=4>+#9+%*&)<<4&(+&$4'*%*=+)<+8'*>$%*=B+38%6+&'*+'$6)
<46"$(+%*+>':'=4+()+)(84<+'<4'6+);+(84+@48%&$4+4$4&(<%&'$+696(4:B
— /4@4<+"64+'+H<466"<4+7'684<L+6(4':+&$4'*4<6L+)<+&))$%*=+6H<'96B
— -)+*)(+("<*+)*+(84+64'(+84'(%*=+()+><9+(84+64'(6B
— -)+*)(+"64+>4(4<=4*(+H'6(46+)<+:%$>+>4(4<=4*(+6)$"(%)*6B
— /4@4<+74(+(84+6"<;'&4+&):H$4(4$9B
— C84*+"*&4<('%*L+&)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4
R'&%$%(9B

C.2/D/0
D:H<)H4<+&$4'*%*=+&'*+&'"64+>':'=4+()+(84+6';4(9+#4$(6L+'*&8)<6L+'*>+(84+'"():'(%&+6';4(9+#4$(
<4(<'&()<6B
● /4@4<+'((4:H(+()+:)>%;9+)<+<4:)@4+(84+6';4(9+#4$(6+()+&$4'*+(84:B
● /4@4<+"64+&84:%&'$+H<)>"&(6+()+&$4'*+(84+6';4(9+#4$(6+'*>+(84%<+&):H)*4*(6B
● -)+*)+"64+'*9+&)<<)6%@4+;$"%>6L+6)$@4*(6L+)<+68'<H+)#A4&(6B
● -)+*)(+'$$)7+;$"%>6+'*>+)#A4&(6+()+4*(4<+(84+6';4(9+#4$(+#"&J$4B
● b4(+(84+6';4(9+#4$(+><9+';(4<+&$4'*%*=+#4;)<4+'$$)7%*=+%(+()+<4(<'&(+&):H$4(4$9B

C.2/D/0
D:H<)H4<+&'<4+'*>+&$4'*%*=+);+@48%&$4+&):H)*4*(6+&)"$>+%:H'%<+@48%&$4+6';4(9+4I"%H:4*(+'*>
&'"64+64<%)"6+%*A"<%46B
● E$4'*+'*>+:'%*('%*+@48%&$4+&):H)*4*(6+)*$9+'&&)<>%*=+()+(84+:'*";'&("<4<c6+%*6(<"&(%)*6B
/G3DE1
D*&)<<4&(+&$4'*%*=+'*>+&'<4+&'*+&'"64+@48%&$4+>':'=4B
● /4@4<+"64+6(4':+&$4'*4<6L+#<"6846L+8'<>+6H)*=46L+4(&B
● K'@4+()"=8+6H)(6+<4:)@4>+#9+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*
W4<@%&4+R'&%$%(9B

:99$''2%5$'P(%$=,*9$>$#.(=*%.'P(%$=*5%'P(*#C(>2C5359*.52#'

:99$''2%5$'(*#C(%$=,*9$>$#.(=*%.'

@$=*5%'(*#C(.$9/#59*,(>2C5359*.52#'

X)$J67'=4*+="%>4$%*46+:"6(+#4+;)$$)74>+784*+H4<;)<:%*=+<4H'%<6+'*>+(4&8*%&'$
:)>%;%&'(%)*6+M+ B
:)>%;%&'(%)*6
D*(4<;4<4*&4+7%(8+4$4&(<)*%&+&):H)*4*(6+'*>+(84%<+6);(7'<4+&'*+&'"64+:'$;"*&(%)*6B+[4&'"64+);
(84+7'9+4$4&(<)*%&+&):H)*4*(6+'<4+%*(4<&)**4&(4>L+6"&8+:'$;"*&(%)*6+&'*+'$6)+%:H'%<+696(4:6
(8'(+'<4+*)(+>%<4&($9+%*@)$@4>B+38%6+:4'*6+(8'(+9)"+<%6J+#)(8+'+6"#6('*(%'$+<4>"&(%)*+%*+(84+)H4<',
(%)*'$+6';4(9+);+9)"<+@48%&$4+'*>+%*&<4'64>+74'<+);+@48%&$4+&):H)*4*(6B
.*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+&'**)(+'66":4+'*9
$%'#%$%(9+;)<+>':'=4+<46"$(%*=+;<):+<4H'%<6+'*>+(4&8*%&'$+:)>%;%&'(%)*6+(8'(+74<4+H4<;)<:4>
%*&)<<4&($9B
.*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+%6+*)(+<46H)*6%#$4+;)<
>':'=4+<46"$(%*=+;<):+<4H'%<6+'*>+(4&8*%&'$+:)>%;%&'(%)*6+(8'(+74<4+H4<;)<:4>+%*&)<<4&($9B+W"&8
>':'=46+'<4+'$6)+*)(+&)@4<4>+#9+(84+X)$J67'=4*+7'<<'*(9B
X)$J67'=4*+<4&)::4*>6+8'@%*=+'$$+<4H'%<6+'*>+(4&8*%&'$+:)>%;%&'(%)*6+H4<;)<:4>+#9+'*+'"(8),
<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+"6%*=+04*"%*4+X)$J67'=4*
04*"%*4+X)$J67'=4*
!'<(6
!'<(6ffB

72,0'"*6$#(%$=*5%(5#32%>*.52#
X)$J67'=4*+64<@%&4+%*;)<:'(%)*+'*>+);;%&%'$+X)$J67'=4*+<4H'%<+%*;)<:'(%)*+&'*+#4+H"<&8'64>B
E"6():4<6+%*+1"<)H4L+.6%'L+."6(<'$%'L+.;<%&'L+E4*(<'$+'*>+W)"(8+.:4<%&'T
!$4'64+&)*('&(+'+X)$J67'=4*+>4'$4<68%H+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+)<+<4=%6(4<+;)<
(84+4<C%*
4<C%*+U4$4&(<)*%&+<4H'%<+'*>+7)<J68)H+%*;)<:'(%)*V+74#+H)<('$T
8((H6TYY4<7%*B@)$J67'=4*B>4
E"6():4<6+%*+/)<(8+.:4<%&'+'*>+E'*'>'T
D;+9)"+7%68+()+)<>4<+(84+H<%*(4>+64<@%&4+%*;)<:'(%)*L+H$4'64+&)*('&(T
X)$J67'=4*+34&8*%&'$+b%(4<'("<4+G<>4<%*=+E4*(4<
$%(4<'("<4B@7B&):
n)"+&'*+'$6)+<4=%6(4<+;)<+(84+4<C%*
4<C%*+74#+H)<('$T
8((H6TYY4<7%*B@7B&):

7$/59,$'("5./('=$95*,(>2C5359*.52#'(*#C(>2+#.5#6'
384+'(('&8:4*(+'*>+:)"*(%*=+:'*";'&("<4<+68)"$>+:'J4+6"<4+(8'(+(84+'HH$%&'#$4+4*@%<)*:4*('$
$'76+'*>+<4="$'(%)*6+'<4+:4(+;)<+(84+'(('&8:4*(6+'*>+:)"*(%*=6L+46H4&%'$$9+(84+1F+>%<4&(%@4
QPPPY\OY10+'#)"(+)$>+@48%&$4+'*>+1F+>%<4&(%@4+QPPOYNNY10+'#)"(+:'<J4(+%*(<)>"&(%)*+<46(<%&,
(%)*6+'*>+(84+"64+);+&4<('%*+8'?'<>)"6+:'(4<%'$6+'*>+&):H)"*>6B
384+%*6('$$'(%)*+%*6(<"&(%)*6+;)<+'*9+<4(<);%((4>+4I"%H:4*(+68)"$>+#4+6'@4>+#9+(84+@48%&$4+)7*4<
'*>+H<)@%>4>+()+(84+<4:)@'$+;'&%$%(9+%;+(84+@48%&$4+%6+6&<'HH4>B+38%6+4*6"<46+(8'(+4@4*+@48%&$46
7%(8+<4(<);%((4>+4I"%H:4*(+7%$$+#4+>%6H)64>+);+%*+'+7'9+(8'(+7%$$+*)(+8'<:+(84+4*@%<)*:4*(B

-5#C'/5$,C(%$=*5%'
3)+H4<;)<:+;"*&(%)*6L+6):4+4I"%H:4*(+<4I"%<46+'*+4$4&(<%&+)<+4$4&(<)*%&+&):H)*4*(+(8'(+%6+64,
&"<4>+()+(84+%*6%>4+);+(84+7%*>68%4$>+*4'<+(84+<4'<@%47+:%<<)<L+;)<+45':H$4B+D;+(84+7%*>68%4$>+%6
>':'=4>+7%(8%*+(84+'<4'+&)@4<4>+#9+(84+4$4&(<%&'$+)<+4$4&(<)*%&+&):H)*4*(d6+@%6"'$+;%4$>L+;)<+45,
':H$4+7%(8+'+6()*4+&8%HL+(84*+(84+7%*>68%4$>+:"6(+#4+<4H$'&4>B+W()*4+&8%H+<4H'%<6+&'*+&'"64
:'$;"*&(%)*6+%*+(84+4I"%H:4*(B
.;(4<+'+7%*>68%4$>+%6+<4H$'&4>L+(84+&':4<'+'*>+64*6)<6+:"6(+#4+'>A"6(4>+'*>+&'$%#<'(4>+#9+'*+'",
(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B

G>=*5%>$#.(2%(C*>*6$(.2('$#'2%'(*#C(9*>$%*'
384+64*6)<6+)<+&':4<'6+&)"$>+68%;(+)<+#4&):4+>':'=4>+'6+'+<46"$(+);+%*&)<<4&(+<4H'%<6L+6(<"&("<'$
&8'*=46+()+(84+@48%&$4+U6"&8+'6+g$)74<%*=hVL+%*6('$$'(%)*+);+';(4<,:'<J4(+4I"%H:4*(L+)<+&8'*=46
()+(84+(<%:+H'*4$6B+38%6+&'*+'$6)+#4+&'"64>+#9+&)$$%6%)*6+784*+H'<J%*=+'*>+#9+:%*)<+>':'=4L+6"&8
'6+'+6()*4+8%((%*=+(84+7%*>68%4$>B
384+'<4'+%*+;<)*(+);+'*>+'<)"*>+(84+64*6)<6+'*>+&':4<'6+:"6(+*)(+#4+&)@4<4>+#9+6(%&J4<6L+'>>%,
(%)*'$+84'>$%=8(6L+>4&)<'(%@4+$%&4*64+H$'(4+;<':46L+)<+6%:%$'<+)#A4&(6B+/)(4+(84+H)6%(%)*+);+64*6)<6
'*>+&':4<'6+)*+9)"<+@48%&$4+UM+G@4<@%47L+X48%&$4+)@4<@%476V B
D;+%=*)<4>L+%:H)<('*(+@48%&$4+;"*&(%)*6+);+><%@4<+'66%6('*&4+696(4:6+&)"$>+#4+%:H'%<4>+'*>+@48%&$4
>':'=4+&)"$>+<46"$(B
K'@4+<4H'%<6+)<+6(<"&("<'$+&8'*=46+H4<;)<:4>+#9+I"'$%;%4>+H<);466%)*'$6B
.>>%(%)*'$+%*;)<:'(%)*T
— !'%*(%*=+*4'<+(84+64*6)<6+&'*+%:H'%<+(84+;"*&(%)*+);+(84+696(4:+(8'(+"646+(8)64+64*6)<6B
— 384+X)$J67'=4*+4:#$4:+&'*+%:H4>4+(84+@%47+);+(84+<'>'<+64*6)<6+()+(84+;<)*(+)*+6):4+@48%,
&$4+@4<6%)*6B+384<4;)<4+)*$9+)H4<'(4+(84+@48%&$4+7%(8+(84+)<%=%*'$+X)$J67'=4*+4:#$4:+)<+'*
4:#$4:+'HH<)@4>+#9+X)$J67'=4*B

;#65#$]>2.2%(=%2.$9.52#
1*=%*4Y:)()<+H<)(4&(%)*+&'*+<4>"&4+(84+<%6J+);+>':'=4+()+(84+@48%&$4+"*>4<#)>9+'*>+(84+)%$+H'*L
;)<+45':H$4+%;+><%@%*=+)@4<+&"<#6L+4*(4<%*=+><%@47'96L+)<+)*+"*H'@4>+<)'>6B
X)$J67'=4*+<4&)::4*>6+8'@%*=+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*
W4<@%&4+R'&%$%(9+H4<;)<:+'*9+<4(<);%(+%*6('$$'(%)*6B
1*=%*4Y:)()<+H<)(4&(%)*+:'9+*)(+#4+'@'%$'#$4+%*+'$$+&)"*(<%46B

C.2/D/0
24H'%<6+'*>+:)>%;%&'(%)*6+(8'(+'<4+H4<;)<:4>+%*&)<<4&($9+&'*+&'"64+@48%&$4+>':'=4+'*>+:'$,
;"*&(%)*6+'6+74$$+'6+%:H'%<+(84+4;;4&(%@4*466+);+(84+><%@4<+'66%6('*&4+696(4:6B+38%6+&'*+&'"64
'&&%>4*(6+'*>+64<%)"6+%*A"<%46B
● G*$9+8'@4+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+:'J4
<4H'%<6+)<+:)>%;%&'(%)*6+()+'+@48%&$4B

C.2/D/0
F*6"%('#$4+<4H$'&4:4*(+H'<(6+'*>+'&&466)<%46+'*>+H<)&4>"<46L+:)>%;%&'(%)*6L+'*>+<4H'%<6+(8'(
'<4+H4<;)<:4>+%*&)<<4&($9+&'*+&'"64+@48%&$4+>':'=4L+'&&%>4*(6L+'*>+64<%)"6+%*A"<%46B
● X)$J67'=4*+<4&)::4*>6+"6%*=+)*$9+'HH<)@4>+X)$J67'=4*+.&&466)<%46+'*>+04*"%*4+X)$J,
67'=4*+!'<(6fB+X)$J67'=4*+8'6+@4<%;%4>+(84%<+<4$%'#%$%(9L+6';4(9L+'*>+6"%('#%$%(9B
● G*$9+8'@4+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+:'J4
@48%&$4+<4H'%<6+)<+:)>%;%&'(%)*6B+."(8)<%?4>+X)$J67'=4*+>4'$4<6+'*>+'"(8)<%?4>+X)$J67'=4*
W4<@%&4+R'&%$%(%46+8'@4+(84+<4I"%<4>+())$6L+>%'=*)6(%&+>4@%&46L+<4H'%<+%*;)<:'(%)*L+'*>+I"'$%,
;%4>+H4<6)**4$B
● G*$9+%*6('$$+H'<(6+)*+(84+@48%&$4+78)64+>46%=*+'*>+;"*&(%)*+'<4+%>4*(%&'$+()+(84+H'<(6+%*,
6('$$4>+'(+(84+;'&()<9B
● /4@4<+64&"<4+)<+H)6%(%)*+)#A4&(6+6"&8+'6+H8)*4+8)$>4<6+7%(8%*+(84+>4H$)9:4*(+?)*4+);+(84
'%<#'=6L+6%*&4+(8464+%(4:6+&)"$>+&'"64+64<%)"6+)<+;'('$+%*A"<%46+%;+(84+'%<#'=6+>4H$)9B
● G*$9+"64+<%:Y(%<4+&):#%*'(%)*6+(8'(+'<4+'HH<)@4>+#9+X)$J67'=4*+;)<+9)"<+@48%&$4+:)>4$B

:5%4*6('1'.$>(%$=*5%'(*#C('5.+*.52#'(./*.(9*#(*33$9.(./$('1'M
.$>(3+#9.52#

X)$J67'=4*+="%>4$%*46+:"6(+#4+;)$$)74>+784*+H4<;)<:%*=+<4H'%<6+'*>+(4&8*%&'$
:)>%;%&'(%)*6+M+ B
:)>%;%&'(%)*6
G*$9+8'@4+:)>%;%&'(%)*6+'*>+<4H'%<6+)*+(84+;<)*(+#":H4<L+>))<6L+;<)*(+64'(6L+84'>$%*4<L+)<+#)>9
H4<;)<:4>+#9+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B+.%<#'=
696(4:+&):H)*4*(6+'*>+64*6)<6+:'9+#4+$)&'(4>+)*+(8464+@48%&$4+&):H)*4*(6B
.%<#'=+696(4:+&):H)*4*(6+&'*+#4+>':'=4>+>"<%*=+'$$+H<)&4>"<46+)*+(84+'%<#'=+696(4:+'*>
784*+<4:)@%*=+'*>+%*6('$$%*=+696(4:+&):H)*4*(6+78%$4+H4<;)<:%*=+)(84<+<4H'%<+H<)&4>"<46B
38%6+:'9+H<4@4*(+(84+'%<#'=6+;<):+>4H$)9%*=+)<+&'"64+(84:+()+>4H$)9+%*&)<<4&($9+%*+(84+4@4*(+);
'*+'&&%>4*(B
384+%*6(<"&(%)*6+:"6(+#4+;)$$)74>+6)+(8'(+(84+4;;4&(%@4*466+);+(84+'%<#'=6+%6+*)(+%:H'%<4>+'*>
<4:)@4>+&):H)*4*(6+>)+*)(+&'"64+%*A"<%46+'*>+4*@%<)*:4*('$+H)$$"(%)*B+.*+'"(8)<%?4>+X)$J67',
=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+%6+;':%$%'<+7%(8+(8464+%*6(<"&(%)*6B
.+:)>%;%&'(%)*+()+(84+@48%&$4+6"6H4*6%)*+&'*+%:H'%<+(84+;"*&(%)*'$%(9+);+(84+'%<#'=+696(4:+>"<%*=
'+&)$$%6%)*B+R)<+45':H$4L+"6%*=+'+<%:Y(%<4+&):#%*'(%)*+(8'(+%6+*)(+'HH<)@4>+#9+X)$J67'=4*L+$)74<,
%*=+(84+@48%&$4L+)<+&8'*=%*=+(84+6"6H4*6%)*+6(%;;*466+%*&$">%*=+(84+6H<%*=6L+6"6H4*6%)*6+6(<"(6L
68)&J+'#6)<#4<6L+4(&BL+&'*+&8'*=4+(84+;)<&4+(8'(+%6+:4'6"<4>+#9+(84+'%<#'=+64*6)<6+'*>+(<'*6:%(,
(4>+()+(84+4$4&(<)*%&+&)*(<)$+:)>"$4B+R)<+45':H$4L+6):4+&8'*=46+()+(84+6"6H4*6%)*+&'*+%*&<4'64
(84+;)<&4+:4'6"<4>+#9+(84+696(4:6+'*>+(<%==4<+(84+'%<#'=+696(4:+%*+'&&%>4*(6+784<4+(84+'%<#'=6
7)"$>+*)<:'$$9+*)(+#4+>4H$)94>+%;+(84+:)>%;%&'(%)*6+8'>+*)(+#44*+:'>4B+G(84<+:)>%;%&'(%)*6
&'*+<4>"&4+(84+;)<&4+:4'6"<4>+#9+(84+64*6)<6+'*>+H<4@4*(+(84+'%<#'=+;<):+>4H$)9%*=+784*+%(
68)"$>+8'@4+>4H$)94>B

C.2/D/0
24H'%<6+'*>+:)>%;%&'(%)*6+(8'(+74<4+>)*4+%*&)<<4&($9+&'*+&'"64+>':'=4+'*>+:'$;"*&(%)*6+()
(84+@48%&$4+'6+74$$+'6+%:H'%<+(84+4;;4&(%@4*466+);+(84+'%<#'=+696(4:B+38%6+&'*+&'"64+'&&%>4*(6
'*>+64<%)"6+)<+;'('$+%*A"<%46B
● G*$9+8'@4+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+:'J4
@48%&$4+<4H'%<6+)<+:)>%;%&'(%)*6B
● 384+'%<#'=+:)>"$4+&'**)(+#4+<4H'%<4>m+%(+:"6(+#4+<4H$'&4>B
● /4@4<+%*6('$$+'%<#'=+&):H)*4*(6+<4:)@4>+;<):+)$>+@48%&$46+)<+;<):+<4&9&$%*=B

C.2/D/0
.+:)>%;%&'(%)*+()+(84+@48%&$4+6"6H4*6%)*+%*&$">%*=+"6%*=+'+<%:Y(%<4+&):#%*'(%)*+(8'(+%6+*)(+H4<,
:%((4>+&'*+&8'*=4+(84+;"*&(%)*'$%(9+);+(84+'%<#'=+'*>+%*&<4'64+(84+<%6J+);+64@4<4+)<+;'('$+%*A"<%46
%*+'*+'&&%>4*(B
● /4@4<+%*6('$$+6"6H4*6%)*+&):H)*4*(6+(8'(+>)+*)(+8'@4+(84+6':4+H<)H4<(%46+'6+(84+)<%=%*'$
H'<(6+%*6('$$4>+%*+(84+@48%&$4B
● /4@4<+"64+<%:Y(%<4+&):#%*'(%)*6+(8'(+'<4+*)(+'HH<)@4>+#9+X)$J67'=4*B

)245,$(=/2#$(+'*6$(5#(./$(8$/59,$

;,$9.%2>*6#$.59("*8$'
C84*+"6%*=+'+:)#%$4+H8)*4+)<+<'>%)+4I"%H:4*(+7%(8)"(+&)**4&(%*=+()+(84+45(4<%)<+'*(4**'L+(84
4$4&(<):'=*4(%&+7'@46+7%$$+*)(+#4+>4;$4&(4>+)"(7'<>+%*+'*+)H(%:":+7'9B+D*&<4'64>+7'@46+%*+(84
@48%&$4+%*(4<%)<+&'*+)&&"<L+46H4&%'$$9+784*+<4&4H(%)*+%6+H))<L+;)<+45':H$4+%*+<"<'$+'<4'6B+38%6+&)"$>
#4+'+H)(4*(%'$+84'$(8+<%6J+M+ B
-4H4*>%*=+)*+(84+4I"%H:4*(L+%(+:'9+#4+H)66%#$4+()+"64+'+6"%('#$4+(4$4H8)*4+%*(4<;'&4+()+&)**4&(
(84+:)#%$4+H8)*4+()+(84+45(4<%)<+'*(4**'B+38%6+7%$$+%:H<)@4+(84+&)**4&(%)*+I"'$%(9+'*>+%*&<4'64
(84+<'*=4B

W'5#6(*(=/2#$
D*+:'*9+&)"*(<%46L+"6%*=+'+H8)*4+%*+(84+@48%&$4+%6+)*$9+H4<:%((4>+%;+(84<4+%6+'+8'*>6,;<44+&)**4&,
(%)*L+;)<+45':H$4+"6%*=+'+[$"4())(8f+&)**4&(%)*B+[4;)<4+"6%*=+(84+H8)*4L+64&"<4+%(+%*+'+6"%('#$4
8)$>4<+M+ +)<+6()<4+%(+%*+'+6()<'=4+&):H'<(:4*(L+6"&8+'6+%*+(84+&4*(4<+&)*6)$4L+()+H<4@4*(+%(
;<):+6$%>%*=+'<)"*>B
@*C52
D;+)H4<'(%*=+<'>%)+>4@%&46L+;)$$)7+(84+$4='$+<4="$'(%)*6+'*>+(84+"64<+="%>4+;<):+(84+:'*";'&("<4<B
384+';(4<:'<J4(+%*6('$$'(%)*+);+<'>%)+>4@%&46+%6+6"#A4&(+()+'HH<)@'$B
E)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+;)<+:)<4+%*,
;)<:'(%)*+'#)"(+%*6('$$%*=+<'>%)+4I"%H:4*(B

C.2/D/0
a)#%$4+>4@%&46+(8'(+'<4+$))64+)<+*)(+64&"<4>+&)<<4&($9+&'*+#4+(8<)7*+(8<)"=8+(84+@48%&$4+%*(4<%,
)<+>"<%*=+6">>4*+><%@%*=+)<+#<'J%*=+:'*4"@4<6+)<+%*+(84+4@4*(+);+'+&)$$%6%)*+'*>+&'"64+%*A"<%46B
● W4&"<4+)<+6()<4+(84+:)#%$4+H8)*4+'*>+'&&466)<%46+6';4$9+)"(6%>4+(84+>4H$)9:4*(+<'*=4+);
(84+'%<#'=6B

C.2/D/0
F6%*=+'+:)#%$4+>4@%&4+)<+<'>%)+4I"%H:4*(+%*6%>4+(84+@48%&$4+7%(8)"(+'+&)**4&(%)*+()+'*+45(4<%)<
'*(4**'+:'9+&<4'(4+4$4&(<):'=*4(%&+4*4<=9+(8'(+45&44>6+H4<:%66%#$4+$%:%(6B+38%6+:'9+#4+>'*,
=4<)"6+()+9)"<+84'$(8+'*>+(8'(+);+9)"<+H'664*=4<6B+38%6+'$6)+'HH$%46+%;+(84+45(4<%)<+'*(4**'+%6
*)(+%*6('$$4>+&)<<4&($9B
● a'%*('%*+'+>%6('*&4+);+'(+$4'6(+_+%*&846+UQP+&:V+#4(744*+(84+>4@%&4+'4<%'$6+'*>+'*9+'&(%@4
:4>%&'$+%:H$'*(6L+6"&8+'6+H'&4:'J4<6B
● -)+*)(+&'<<9+'+:)#%$4+>4@%&4+(8'(+%6+("<*4>+)*+>%<4&($9+'#)@4+)<+%*+(84+%::4>%'(4+@%&%*%(9+);
'*9+'&(%@4+:4>%&'$+%:H$'*(6L+;)<+45':H$4+#9+J44H%*=+'+H8)*4+%*+'+68%<(+H)&J4(B
● W7%(&8+);;+(84+:)#%$4+>4@%&4+%::4>%'(4$9+%;+9)"+6"6H4&(+(84<4+%6+%*(4<;4<4*&4+7%(8+'*+'&(%@4
:4>%&'$+%:H$'*(+)<+)(84<+:4>%&'$+>4@%&4B

E+'.2>$%(5#32%>*.52#

-*%%*#.1

72,0'"*6$#(C$*,$%("*%%*#.1

."(8)<%?4>+X)$J67'=4*+>4'$4<6+H<)@%>4+7'<<'*(%46+;)<+:'$;"*&(%)*6+%*+@48%&$46+H"<&8'64>+;<):
(84:B
."(8)<%?4>+X)$J67'=4*+>4'$4<6+H<)@%>4+7'<<'*(%46+;)<+;'&()<9,>4$%@4<4>+X)$J67'=4*+@48%&$46B
!$4'64+<4;4<+()+9)"<+H"<&8'64+&)*(<'&(+;)<+:)<4+>4('%$6+'#)"(+9)"<+6H4&%;%&+7'<<'*(9+&)*>%(%)*6
'*>+H4<%)>B
E)*('&(+9)"<+'"(8)<%?4>+X)$J67'=4*+>4'$4<+;)<+:)<4+%*;)<:'(%)*B
!$4'64+*)(4+(8'(+*)<:'$+74'<+'*>+>':'=4+;<):+)@4<"64L+%*&)<<4&(+8'*>$%*=L+)<+"*'"(8)<%?4>
:)>%;%&'(%)*6+'<4+45&$">4>+;<):+(84+7'<<'*(9B
D;+9)"<+@48%&$4+#4&):46+%*)H4<'#$4L+&)*('&(+(84+*4'<46(+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8),
<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B
O*5#.(*#C(8$/59,$(42C1("*%%*#.1

."(8)<%?4>+X)$J67'=4*+>4'$4<6+H<)@%>4+7'<<'*(%46+;)<+H'%*(+)<+@48%&$4+#)>9+>4;4&(6+%*+H"<&8'64>
@48%&$46B
D*+'>>%(%)*+()+(84+7'<<'*(9+&)*>%(%)*6+;)<+;'&()<9,>4$%@4<4>+X)$J67'=4*+'"():)#%$46L+%*+'&&)<,
>'*&4+7%(8+(84+6'$46+&)*(<'&(L+'"(8)<%?4>+X)$J67'=4*+>4'$4<6+H<)@%>4+7'<<'*(%46+;)<+H'%*(+>4,
;4&(6+'*>+&)<<)6%)*+H4<;)<'(%)*+%*+(84+@48%&$46+(849+64$$B
— .+(8<44,94'<+7'<<'*(9+;)<+H'%*(+>4;4&(6+'*>
— .+(74$@4,94'<+7'<<'*(9+;)<+&)<<)6%)*+H4<;)<'(%)*B+E)<<)6%)*+H4<;)<'(%)*+%*+(8%6+&)*(45(+:4'*6
&)<<)6%)*+(8'(+H4<;)<'(46+(8<)"=8+(84+:4('$+)*+(84+#)>9L+78%&8+;)<:6+;<):+(84+%*6%>4+U8)$$)7
6H'&4V+()+(84+)"(6%>4B
— G*$9+'HH$%46+()+(84+FW.T+.+64@4*,94'<+7'<<'*(9+;)<+&)<<)6%)*+H4<;)<'(%)*B+E)<<)6%)*+H4<;)<',
(%)*+%*+(8%6+&)*(45(+:4'*6+&)<<)6%)*+(8'(+H4<;)<'(46+(8<)"=8+(84+:4('$+)*+(84+#)>9L+78%&8
;)<:6+;<):+(84+%*6%>4+U8)$$)7+6H'&4V+()+(84+)"(6%>4B

D;+(8%6+(9H4+);+>':'=4+)&&"<6L+%(+7%$$+#4+<4H'%<4>+#9+'*9+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8),
<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+7%(8)"(+&8'<=%*=+;)<+$'#)<+)<+:'(4<%'$6B
C'<<'*(9+&$'%:6+'<4+*)(+@'$%>+%*+(84+;)$$)7%*=+6%("'(%)*6T
— D;+>':'=4+%6+&'"64>+#9+45(4<*'$+;'&()<6+)<+%*6";;%&%4*(+@48%&$4+&'<4
— D;+(84<4+'<4+#)>9+)<+H'%*(+>4;4&(6+(8'(+74<4+*)(+&)<<4&(4>+%*+'+(%:4$9+:'**4<+'&&)<>%*=+()+(84
:'*";'&("<4<c6+6H4&%;%&'(%)*6
— D;+(84+&)<<)6%)*+7'6+&'"64>+#9+#)>9+<4H'%<6+(8'(+74<4+*)(+H4<;)<:4>+'&&)<>%*=+()+(84+:'*",
;'&("<4<d6+6H4&%;%&'(%)*6

.;(4<+#)>9+)<+H'%*(+<4H'%<+8'6+#44*+H4<;)<:4>+#9+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>
X)$J67'=4*+W4<@%&4+R'&%$%(9L+(849+7%$$+H<)@%>4+'+7'<<'*(9+'='%*6(+&)<<)6%)*+%*+(84+64<@%&4>+'<4'B

U2#6U53$(>245,5.1(6+*%*#.$$

D*+:'*9+1"<)H4'*+:'<J4(6L+*47+@48%&$46+&):4+7%(8+'+&):H<484*6%@4+b)*=b%;4+:)#%$%(9+="'<'*(44L
78%&8+%6+<4*474>+4'&8+(%:4+9)"<+@48%&$4+%6+%*6H4&(4>B
!$4'64+*)(4+(8'(+(84+@'$%>%(9+);+(84+X)$J67'=4*+b)*=b%;4+:)#%$%(9+="'<'*(44+:'9+>%;;4<
;)<+@48%&$46+6)$>+%*+&4<('%*+&)"*(<%46B+E)*('&(+9)"<+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'",
(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+;)<+:)<4+%*;)<:'(%)*B
384+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+H<)@%>46+'+&):H<484*,
6%@4+b)*=b%;4+:)#%$%(9+="'<'*(44+7%(8+4@4<9+*47+&'<+(849+64$$B+38%6+="'<'*(44+%6+@'$%>+;<):+784*+9)"
('J4+H)66466%)*+);+(84+@48%&$4+'*>+$'6(6+"*(%$+%(6+;%<6(+%*6H4&(%)*+%6+>"4B+D;+9)"+H"<&8'64+9)"<+*47+@4,
8%&$4+>%<4&($9+;<):+X)$J67'=4*+.0L+X)$J67'=4*+.0+7%$$+H<)@%>4+9)"+7%(8+(84+b)*=b%;4+:)#%$%(9+="'<,
'*(44L+78%&8+%6+@'$%>+;<):+784*+9)"+('J4+H)66466%)*+);+(84+@48%&$4+'*>+$'6(6+"*(%$+%(6+;%<6(+%*6H4&(%)*
%6+>"4B
1'&8+(%:4+9)"<+@48%&$4+%6+>"4+()+#4+%*6H4&(4>+'*>+9)"+8'@4+%(+%*6H4&(4>+#9+9)"<+'"(8)<%?4>+X)$J67',
=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9L+(849+7%$$+<4*47+(84+b)*=b%;4+:)#%$%(9+="'<'*,
(44+"*(%$+(84+*45(+%*6H4&(%)*+%6+>"4B+384+64<@%&4+&)6(+&)@4<6+(84+&)6(+);+(84+4*(%<4+64<@%&4+H'&J'=4B
384+&):H<484*6%@4+b)*=b%;4+:)#%$%(9+="'<'*(44+H<)@%>46+9)"+7%(8+(84+;)$$)7%*=+#4*4;%(6+%*
H'<(%&"$'<T

D;+9)"+'<4+45H4<%4*&%*=+%66"46+)<+8'@4+#44*+%*@)$@4>+%*+'*+'&&%>4*(+'*>+9)"<+@48%&$4+#<4'J6+>)7*
384+%*6H4&(%)*+64<@46+*)(+)*$9+()+:'%*('%*+(84+@48%&$4L+#"(+'$6)+()+4*6"<4+(8'(+%(+%6+<4$%'#$4+'*>+<)'>,
7)<(89B+R)<+(8%6+<4'6)*L+64<@%&4+7)<J+:"6(+#4+H4<;)<:4>+<4="$'<$9L+'6+%*6(<"&(4>+#9+(84
:'*";'&("<4<B
n)"<+<%=8(+()+(84+b)*=b%;4+:)#%$%(9+="'<'*(44+%6+>)&":4*(4>+%*+(84+>%=%('$+:'%*(4*'*&4+6&84>"$4
4'&8+(%:4+9)"+('J4+9)"<+@48%&$4+;)<+%(6+<4="$'<+%*6H4&(%)*B+a4(%&"$)"6$9+J4H(+<4&)<>6+);+(84+64<@%&4
7)<J+68)7+(8'(+9)"<+@48%&$4+8'6+#44*+H<);466%)*'$$9+64<@%&4>+'*>+:'%*('%*4>B

A*.*('.2%*6$(*#C('$%859$'

.HH$%46+()+1F+&)"*(<%46+784<4+(84+04*4<'$+-'('+!<)(4&(%)*+24="$'(%)*+%6+%*+4;;4&(B

A*.*(=%29$''5#6(5#(./$(8$/59,$
1$4&(<)*%&+&)*(<)$+:)>"$46+'<4+%*6('$$4>+%*+9)"<+@48%&$4B+E)*(<)$+:)>"$46+H<)&466+>'('L+6"&8+'6+>'('
<4&4%@4>+#9+@48%&$4+64*6)<6L+64$;,=4*4<'(4>+>'('L+)<+>'('+45&8'*=4>+#4(744*+&)*(<)$+:)>"$46B+W):4
&)*(<)$+:)>"$46+'<4+<4I"%<4>+;)<+(84+6';4+)H4<'(%)*+);+9)"<+@48%&$4L+)(84<6+'66%6(+9)"+78%$4+><%@%*=
U><%@4<+'66%6('*&4+696(4:6VL+'*>+'*)(84<+=<)"H+H<)@%>46+&)*@4*%4*&4+)<+D*;)('%*:4*(+;"*&(%)*6B

O$%'2#*,(%$3$%$#9$
1@4<9+@48%&$4+%6+$'#4$4>+7%(8+'+"*%I"4+XD/+UX48%&$4+D>4*(%;%&'(%)*+/":#4<VB+D*+04<:'*9L+;)<+45':H$4L
(8%6+XD/+&'*+#4+(<'&4>+#'&J+()+(84+&"<<4*(+)<+H<4@%)"6+)7*4<6+);+(84+@48%&$4+"H)*+<4I"46(+'(+(84+:),
()<+(<'*6H)<(+'"(8)<%(9B+384<4+'<4+'$6)+)(84<+7'96+>'('+&)$$4&(4>+#9+(84+@48%&$4+&'*+#4+(<'&4>+#'&J+()
(84+)7*4<+)<+><%@4<L+6"&8+'6+(8<)"=8+(84+$%&4*64+H$'(4B
384<4;)<4L+(84+>'('+H<)&4664>+)<+=4*4<'(4>+#9+(84+&)*(<)$+:)>"$46+&'*+8'@4+H4<6)*'$+<4;4<4*&46+)<
#4&):4+H4<6)*'$%?4>+"*>4<+&4<('%*+&)*>%(%)*6B+-4H4*>%*=+)*+78%&8+@48%&$4+>'('+45%6(6L+<4;4<4*&46
&)"$>+#4+:'>4+()+%*;)<:'(%)*+6"&8+'6+9)"<+><%@%*=+#48'@%)<L+9)"<+$)&'(%)*+)<+><%@%*=+<)"(4L+)<+()+"64<
8'*>$%*=B

l2+%(C*.*(=%2.$9.52#(%56/.'
.&&)<>%*=+()+'HH$%&'#$4+>'('+H<)(4&(%)*+<%=8(6L+9)"+8'@4+&4<('%*+<%=8(6+7%(8+X)$J67'=4*+%;+9)"<+H4<,
6)*'$+>'('+%6+#4%*=+H<)&4664>B
384<4;)<4L+9)"+8'@4+'+<%=8(+()+<4I"46(+;<44+'*>+&):H<484*6%@4+%*;)<:'(%)*+;<):+X)$J67'=4*+'*>
(8%<>+H'<(%46L+6"&8+'6+&)*(<'&(4>+<)'>6%>4+'66%6('*&4+64<@%&46L+7)<J68)H6L+)<+)*$%*4+64<@%&4+H<)@%>4<6
%*+(84+@48%&$4L+%;+(849+8'@4+6()<4>+H4<6)*'$+>'('+'#)"(+9)"B+n)"+:'9+<4I"46(+%*;)<:'(%)*+'#)"(+78'(
>'('+%6+6()<4>+;)<+9)"+'*>+789+%(+7'6+6()<4>L+'6+74$$+'6+784<4+(84+>'('+)<%=%*'(4>B+n)"<+<%=8(+()+%*;)<,
:'(%)*+'$6)+%*&$">46+(84+(<'*6:%66%)*+);+>'('+()+)(84<+$)&'(%)*6B
.>>%(%)*'$+%*;)<:'(%)*+'#)"(+9)"<+$4='$+<%=8(6L+6"&8+'6+9)"<+<%=8(+()+>4$4(%)*+)<+'"(8)<%?'(%)*+);+>'('L
&'*+#4+;)"*>+%*+(84+'HH$%&'#$4+>'('+H<%@'&9+*)(%&46+)*+(84+X)$J67'=4*+74#6%(4B+384+&)*('&(+%*;)<:',
(%)*+'*>+'+*)(4+'#)"(+(84+H'<(%46+4*='=4>+%*+>'('+H<%@'&9+'<4+'$6)+%*&$">4>+84<4B
-'('+(8'(+%6+)*$9+6()<4>+$)&'$$9+%*+(84+@48%&$4+&'*+#4+<4'>+)"(+7%(8+(4&8*%&'$+6"HH)<(L+;)<+45':H$4L+%*+'
<4H'%<+;'&%$%(9B+384<4+:'9+#4+'+;44+;)<+(8%6B

U$6*,(%$[+5%$>$#.'(32%(C5'9,2'+%$(23(C*.*
3)+(84+45(4*(+);+(84+$4='$+<4="$'(%)*6L+X)$J67'=4*+%6+6(<%&($9+)#$%='(4>+()+H<)@%>4+6()<4>+>'('+784*
<4I"46(4>+#9+6('(4+'"(8)<%(%46+)*+'+&'64,#9,&'64+#'6%6L+;)<+45':H$4+784*+%*;)<:'(%)*+%6+*44>4>+<4,
='<>%*=+'+&<%:%*'$+);;4*64B
C%(8%*+(84+6&)H4+);+'HH$%&'#$4+<%=8(6L+6('(4+'"(8)<%(%46+'<4+'$6)+'"(8)<%?4>+()+<4'>+)"(+>'('+;<):+(84
@48%&$46+)*+'+&'64,#9,&'64+#'6%6B+R)<+45':H$4L+%*+(84+4@4*(+);+'+&)$$%6%)*L+%*;)<:'(%)*+&)"$>+#4+<4'>
)"(+;<):+(84+'%<#'=+&)*(<)$+:)>"$4+()+84$H+&$'<%;9+(84+6%("'(%)*B

!=$%*.52#*,(C*.*(5#(./$(8$/59,$
E)*(<)$+:)>"$46+H<)&466+>'('+;)<+@48%&$4+)H4<'(%)*B
3849+%*&$">4L+;)<+45':H$4T
X48%&$4+6('("6+%*;)<:'(%)*L+6"&8+'6+6H44>L+>4&4$4<'(%)*L+$'(4<'$+'&&4$4<'(%)*L+7844$+6H44>L+'*>+>%6,
H$'9+);+78%&8+6';4(9+#4$(6+'<4+;'6(4*4>B
1*@%<)*:4*('$+&)*>%(%)*6L+6"&8+'6+(4:H4<'("<4L+<'%*Y$%=8(+64*6)<L+>%6('*&4+&)*(<)$+64*6)<6L+4(&B

04*4<'$$9L+(8%6+>'('+%6+(4:H)<'<9+'*>+%6+*)(+6()<4>+';(4<+(84+@48%&$4+6()H6+)H4<'(%*=L+'*>+%(+%6+)*$9
H<)&4664>+7%(8%*+(84+@48%&$4B+E)*(<)$+:)>"$46+);(4*+&)*('%*+'+>'('+6()<'=4+;'&%$%(9B+384+6()<'=4+%6
"64>+()+(4:H)<'<%$9+)<+H4<:'*4*($9+>)&":4*(+%*;)<:'(%)*+'#)"(+@48%&$4+6('("6L+&):H)*4*(+$)'>L
:'%*(4*'*&4+*44>6L+'*>+(4&8*%&'$+%*&%>4*(6+'*>+:'$;"*&(%)*6B
384+;)$$)7%*=+%*;)<:'(%)*+:'9+#4+6'@4>L+>4H4*>%*=+)*+@48%&$4+4I"%H:4*(T
— GH4<'(%*=+&)*>%(%)*6+);+696(4:+&):H)*4*(6L+6"&8+'6+;%$$+$4@4$6L+(%<4+H<466"<46L+'*>+@48%&$4+#'((4<9
6('("6B
— a'$;"*&(%)*6+'*>+;'"$(6+%*+%:H)<('*(+696(4:+&):H)*4*(6L+6"&8+'6+$%=8(6+'*>+#<'J46B
— W96(4:+<4'&(%)*6+%*+&4<('%*+><%@%*=+6%("'(%)*6L+6"&8+'6+'%<#'=+>4H$)9:4*(+'*>+6('#%$%?'(%)*+&)*(<)$
696(4:+%*(4<@4*(%)*B
— D*;)<:'(%)*+'#)"(+%*&%>4*(6+(8'(+&'"64+>':'=4+()+(84+@48%&$4B

D*+6):4+&'646L+;)<+45':H$4+%;+(84+@48%&$4+>4(4&(4>+'+:'$;"*&(%)*L+%(+:'9+#4+*4&466'<9+()+6()<4+>'('
(8'(+7)"$>+)(84<7%64+#4+(4:H)<'<9B
D;+9)"+"(%$%?4+64<@%&46+6"&8+'6+<4H'%<+)<+:'%*(4*'*&4+64<@%&46L+(84+6()<4>+)H4<'(%)*'$+>'('+'66)&%'(4>
7%(8+(84+XD/+:'9+#4+<4'>+)"(+'*>+"64>+'6+<4I"%<4>B+1:H$)9446+%*+(84+64<@%&4+*4(7)<JL+6"&8+'6+4:,
H$)9446+'(+<4H'%<+;'&%$%(%46+)<+'(+(8%<>+H'<(9+&):H'*%46+$%J4+<)'>6%>4+'66%6('*&4+64<@%&46L+&'*+<4'>+)"(
>'('B+384+6':4+'HH$%46+;)<+7'<<'*(9+&'646+'*>+I"'$%(9+'66"<'*&4+:4'6"<46B
384+>'('+%6+<4'>+)"(+"6%*=+(84+G[-+UG*+[)'<>+-%'=*)6(%&V+&)**4&(%)*+(8'(+%6+$4='$$9+<4I"%<4>+()+#4+%*
(84+@48%&$4+M+ B+384+)H4<'(%)*'$+>'('+(8'(+%6+<4'>+)"(+>)&":4*(6+(84+(4&8*%&'$+6('("6+);+(84+@48%&$4
)<+%*>%@%>"'$+&):H)*4*(6+'*>+'66%6(6+7%(8+@48%&$4+>%'=*)6%6L+7%(8+:44(%*=+7'<<'*(9+<4I"%<4:4*(6L
'*>+7%(8+I"'$%(9+%:H<)@4:4*(B+38%6+>'('L+H'<(%&"$'<$9+%*;)<:'(%)*+'#)"(+&):H)*4*(+$)'>L+(4&8*%&'$
%*&%>4*(6L+)H4<'(%*=+4<<)<6L+'*>+)(84<+:'$;"*&(%)*6L+%6+(<'*6:%((4>+()=4(84<+7%(8+(84+XD/+()+X)$J67',
=4*+'6+*4&466'<9B+.$6)L+(84+:'*";'&("<4<+%6+6"#A4&(+()+H<)>"&(+$%'#%$%(9B+X)$J67'=4*+'$6)+"646+)H4<',
(%)*'$+>'('+;<):+(84+@48%&$4+;)<+(8%6L+6):4+;)<+<4&'$$+&':H'%=*6B+38%6+>'('+&'*+'$6)+#4+"64>+()+@4<%;9
&"6():4<+&$'%:6+&)*&4<*%*=+7'<<'*(%46+'*>+="'<'*(446B
384+-3E+:4:)<9+%*+(84+@48%&$4+&'*+#4+<464(+#9+'+64<@%&4+;'&%$%(9+>"<%*=+'+<4H'%<+)<+64<@%&4+H<)&4>"<4
)<+#9+<4I"46(B
G*$9+8'@4+(84+-3E+:4:)<9+<4'>+)"(+'*>+<464(+#9+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>
X)$J67'=4*+W4<@%&4+R'&%$%(9B+.>>%(%)*'$+%*;)<:'(%)*+'#)"(+(84+6()<4>+>'('+&'*+#4+)#('%*4>+'(+'*+'",
(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B
.;(4<+'+:'$;"*&(%)*+%6+&)<<4&(4>L+(84+%*;)<:'(%)*+'#)"(+%(+7%$$+#4+>4$4(4>+;<):+(84+:4:)<9B+G(84<
:4:)<9+&)*(4*(+%6+)@4<7<%((4*+&)*(%*")"6$9B

@$=%26%*>>5#6(92#.%2,(>2C+,$'
.$$+>'('+;)<+&)*(<)$$%*=+&):H)*4*(6+%6+=4*4<'$$9+6()<4>+%*+(84+&)*(<)$+:)>"$46B+W):4+&)*@4*%4*&4
;"*&(%)*6L+6"&8+'6+(84+O,#$%*J+("<*+6%=*'$+U&)*@4*%4*&4+%*>%&'(%*=VL+%*>%@%>"'$+>))<+)H4*%*=+;"*&(%)*L
'*>+>%6H$'96L+&'*+#4+<4H<)=<'::4>+"6%*=+6H4&%'$+7)<J68)H+4I"%H:4*(B+D;+&)*@4*%4*&4+;"*&(%)*6+'<4
<4H<)=<'::4>L+(84+&)<<46H)*>%*=+%*;)<:'(%)*+'*>+>46&<%H(%)*6+%*+(8%6+G7*4<d6+a'*"'$+7%$$+*)
$)*=4<+:'(&8+(84+)<%=%*'$+;"*&(%)*6B+X)$J67'=4*+<4&)::4*>6+8'@%*=+(84+<4H<)=<'::%*=+4*(4<4>
%*()+(84+>%=%('$+:'%*(4*'*&4+<4&)<>+#9+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*
W4<@%&4+R'&%$%(9B
384+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+7%$$+<4&)=*%?4+%*;)<:',
(%)*+'#)"(+H)66%#$4+<4H<)=<'::%*=+)H4<'(%)*6B

E2#8$#5$#9$(*#C(G#32.*5#>$#.(3+#9.52#'
n)"+&'*+6'@4+&)*@4*%4*&4+64((%*=6+U&"6():%?'(%)*V+%*+(84+@48%&$4+'*>+&8'*=4+)<+<464(+(8464+64((%*=6
'(+'*9+(%:4B
-4H4*>%*=+)*+(84+4I"%H:4*(L+(849+:'9+%*&$">4T
— W4'(+'*>+6(44<%*=+7844$+H)6%(%)*+64((%*=6
— W"6H4*6%)*+'*>+&$%:'(4+&)*(<)$+64((%*=6
— E"6():%?'(%)*6+6"&8+'6+:%<<)<+'*>+':#%4*(+$%=8(%*=+64((%*=6

C%(8%*+(84+6&)H4+);+(84+64$4&(4>+4I"%H:4*(L+9)"+&'*+%:H)<(+>'('+%*()+(84+@48%&$4+D*;)('%*:4*(
;"*&(%)*6B
-4H4*>%*=+)*+(84+4I"%H:4*(L+(849+:'9+%*&$">4T
— a4>%'+>'('+;)<+H$'9%*=+:"6%&L+:)@%46L+)<+H8)()6+%*+'*+D*;)('%*:4*(+696(4:
— E)*('&(+>4('%$6+()+"64+%*+&)*A"*&(%)*+7%(8+'+8'*>6,;<44+696(4:+)<+'+*'@%='(%)*+696(4:
— 1*(4<4>+>46(%*'(%)*6
— -'('+'#)"(+)*$%*4+64<@%&4+"6'=4
38%6+>'('+&'*+#4+6()<4>+$)&'$$9+%*+(84+@48%&$4+)<+)*+'+>4@%&4+9)"+8'@4+&)**4&(4>+()+(84+@48%&$4L6"&8
'6+'+:)#%$4+>4@%&4L+FW[+;$'68+><%@4L+)<+a!O+H$'94<B+D;+(8%6+>'('+%6+6()<4>+%*+(84+@48%&$4L+9)"+&'*+>4$4(4
%(+'(+'*9+(%:4B
38%6+>'('+%6+)*$9+(<'*6:%((4>+()+(8%<>+H'<(%46+"H)*+9)"<+<4I"46(L+H'<(%&"$'<$9+784*+"6%*=+)*$%*4+64<,
@%&46+&)<<46H)*>%*=+()+9)"<+64$4&(4>+64((%*=6B

)245,$(C$859$(5#.$6%*.52#
D;+9)"<+@48%&$4+8'6+(84+'HH$%&'#$4+4I"%H:4*(L+9)"+&'*+&)**4&(+9)"<+:)#%$4+>4@%&4+)<+'*)(84<+:)#%$4
>4@%&4+()+(84+@48%&$4B+38%6+;4'("<4+'$$)76+9)"+()+&)*(<)$+9)"<+:)#%$4+>4@%&4+"6%*=+(84+&)*(<)$6+%*(4,
=<'(4>+%*+(84+@48%&$4B+384+%:'=4+'*>+6)"*>+;<):+(84+:)#%$4+>4@%&4+&'*+#4+H$'94>+(8<)"=8+(84+D*;),
('%*:4*(+696(4:B+.(+(84+6':4+(%:4L+&4<('%*+%*;)<:'(%)*+7%$$+#4+(<'*6;4<<4>+()+9)"<+:)#%$4+>4@%&4B
-4H4*>%*=+)*+(84+(9H4+);+%*(4=<'(%)*L+(8%6+:'9+%*&$">4+(84+H)6%(%)*%*=+>'('+'*>+)(84<+=4*4<'$+@48%,
&$4+%*;)<:'(%)*B+b4'<*+'#)"(+(84+>%6H$'9+);+'HH6+%*+(84+D*;)('%*:4*(+696(4:B
38%6+;4'("<4+'$$)76+9)"+()+"64+&4<('%*+'HH6+;<):+(84+:)#%$4+>4@%&4L+6"&8+'6+*'@%='(%)*+)<+:"6%&+64<,
@%&46B+.*+'>>%(%)*'$+%*(4<'&(%)*+#4(744*+(84+:)#%$4+>4@%&4+'*>+(84+@48%&$4+>)46+*)(+)&&"<L+H'<(%&",
$'<$9+784*+(84<4+%6+'&(%@4+'&&466+()+@48%&$4+>'('B+384+(9H4+);+'>>%(%)*'$+>'('+H<)&466%*=+%6+>4(4<:%*4>
#9+(84+H<)@%>4<+);+(84+'HH+#4%*=+"64>B+384+(9H4+'*>+6&)H4+);+64((%*=6+(8'(+&'*+#4+'HH$%4>+>4H4*>+)*
(84+<46H4&(%@4+'HH+'*>+(84+)H4<'(%*=+696(4:+)*+9)"<+:)#%$4+>4@%&4B

!#,5#$('$%859$'
D;+9)"<+@48%&$4+8'6+'+:)#%$4+*4(7)<J+&)**4&(%)*L+(8%6+'$$)76+(84+(<'*6;4<+);+>'('+#4(744*+9)"<+@48%,
&$4+'*>+)(84<+696(4:6B+384+:)#%$4+*4(7)<J+&)**4&(%)*+%6+:'>4+H)66%#$4+#9+'+(<'*6&4%@4<+6H4&%;%&+()
(84+@48%&$4+)<+#9+9)"<+:)#%$4+>4@%&46L+6"&8+'6+&4$$+H8)*46B+G*$%*4+;"*&(%)*6+&'*+#4+"64>+"6%*=+(8%6
:)#%$4+*4(7)<J+&)**4&(%)*B+38%6+%*&$">46+)*$%*4+64<@%&46+'*>+'HH6+(8'(+'<4+H<)@%>4>+#9+X)$J67'=4*
)<+#9+)(84<+H<)@%>4<6B

F$%859$'(3%2>(./$(>*#+3*9.+%$%
384+<46H4&(%@4+;"*&(%)*6+);+X)$J67'=4*+)*$%*4+64<@%&46+'<4+>46&<%#4>+#9+X)$J67'=4*+%*+'+6"%('#$4+$),
&'(%)*L+6"&8+'6+%*+'+64H'<'(4+64<@%&4+>46&<%H(%)*+)<+)*$%*4B+384+'HH$%&'#$4+>'('+H<%@'&9+%*;)<:'(%)*+%6
'$6)+H<)@%>4>+(84<4B+!4<6)*'$+>'('+:'9+#4+"64>+()+H<)@%>4+)*$%*4+64<@%&46B+38%6+>'('+(<'*6;4<+)&&"<6
(8<)"=8+'+64&"<4+&)**4&(%)*L+;)<+45':H$4+7%(8+(84+D3+696(4:6+>46%=*4>+;)<+(8%6+H"<H)64+#9+(84+:'*,
";'&("<4<B+384+&)$$4&(%)*L+H<)&466%*=L+'*>+"6'=4+);+H4<6)*'$+>'('+;)<+(84+H"<H)64+);+H<)@%>%*=+64<,
@%&46+)*$9+)&&"<6+)*+(84+#'6%6+);+'+$4='$+'=<44:4*(L+'+&)*(<'&("'$+"*>4<6('*>%*=L+)<+&)*64*(B
n)"+&'*+H'<(%'$$9+'&(%@'(4+)<+>4'&(%@'(4+H'%>+64<@%&46+'*>+;"*&(%)*6L+'*>+%*+6):4+&'646L+(84+4*(%<4
>'('+&)**4&(%)*+;)<+(84+@48%&$4B+b4='$$9,<4I"%<4>+;"*&(%)*6+'*>+64<@%&46+6"&8+'6+(84+4:4<=4*&9+&'$$
696(4:6+'<4+45&$">4>+;<):+(8%6T

K/5%C(=*%.1('$%859$'
D;+(84<4+%6+'*+)H(%)*+()+"64+)*$%*4+64<@%&46+;<):+'+H<)@%>4<+)(84<+(8'*+(84+:'*";'&("<4<L+(84*+(8464
64<@%&46L+(84+>'('+H<%@'&9+H)$%&9L+'*>+"6'=4+&)*>%(%)*6+'<4+(84+6)$4+<46H)*6%#%$%(9+);+(84+<46H4&(%@4
H<)@%>4<B+X)$J67'=4*+>)46+*)(+8'@4+'*9+%*;$"4*&4+)@4<+(84+&)*(4*(+(<'*6;4<<4>+%*+(8%6+&'64B
R':%$%'<%?4+9)"<64$;+7%(8+(84+(9H4L+6&)H4L+'*>+H"<H)64+);+(84+&)$$4&(%)*+'*>+"6'=4+);+H4<6)*'$+>'('
#9+(8464+(8%<>+H'<(9+64<@%&46+;<):+(84+<46H4&(%@4+64<@%&4+H<)@%>4<B

C.2/D/0
D*&)<<4&(+"64+);+(84+>%'=*)6(%&+&)**4&(%)*+&'*+&'"64+:'$;"*&(%)*6L+78%&8+&'*+(84*+<46"$(+%*+&)$$%,
6%)*6+'*>+64<%)"6+%*A"<%46B
● /4@4<+<4'>+)"(+(84+-3E+:4:)<9+9)"<64$;+"6%*=+(84+>%'=*)6(%&+&)**4&(%)*B
● G*$9+8'@4+(84+-3E+:4:)<9+<4'>+7%(8+(84+>%'=*)6(%&+&)**4&(%)*+#9+'*+'"(8)<%?4>+X)$J67'=4*
>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B+X)$J67'=4*+<4&)::4*>6+&)*('&(%*=+'*+'",
(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B

;8$#.(C*.*(%$92%C$%(H9%*'/(C*.*(%$92%C$%I

38%6+@48%&$4+%6+4I"%HH4>+7%(8+'*+4@4*(+>'('+<4&)<>4<B+384+:'%*+H"<H)64+);+'*+4@4*(+>'('+<4&)<>4<+%6
()+<4&)<>+>'('L+H'<(%&"$'<$9+%*+&)$$%6%)*+)<+&<'68+6&4*'<%)6L+;)<+45':H$4+%;+'*+'%<#'=+>4H$)96+)<+(84<4+%6
'+&)$$%6%)*+7%(8+'*+)#6('&$4+)*+(84+<)'>B+38%6+>'('+%6+"64>+()+'*'$9?4+8)7+'+@48%&$4+696(4:+<4'&(4>B
384+4@4*(+>'('+<4&)<>4<+<4&)<>6+>'('+;)<+(84+><%@%*=+>9*':%&6+'*>+(84+<46(<'%*(+696(4:+;)<+'+#<%4;+H4,
<%)>+);+(4*+64&)*>6+)<+$466B+38%6+>'('+:'9+%*&$">4T
— K)7+@'<%)"6+696(4:6+%*+9)"<+@48%&$4+8'@4+;"*&(%)*4>
— D;+(84+><%@4<c6+'*>+;<)*(+H'664*=4<d6+6';4(9+#4$(6+74<4+;'6(4*4>
— K)7+:"&8+(84+><%@4<+H<4664>+(84+#<'J4+'*>+'&&4$4<'()<+H4>'$6
— K)7+;'6(+(84+@48%&$4+7'6+><%@%*=

38%6+>'('+84$H6+H<)@%>4+'+#4((4<+"*>4<6('*>%*=+);+(84+&%<&":6('*&46+%*+6%("'(%)*6+784<4+'&&%>4*(6
'*>+%*A"<%46+8'@4+)&&"<<4>B
D*+'>>%(%)*L+>'('+;<):+(84+><%@4<+'66%6('*&4+696(4:6+%6+'$6)+&)$$4&(4>B+D*+'>>%(%)*+()+%*;)<:'(%)*
'#)"(+784(84<+(8464+696(4:6+74<4+67%(&84>+)*+)<+);;L+8'>+$%:%(4>+'@'%$'#%$%(9L+)<+74<4+%*'&(%@4L+%(
&'*+'$6)+#4+"*>4<6())>+%;+(8464+;"*&(%)*6+6(44<4>L+'&&4$4<'(4>L+)<+#<'J4>+(84+@48%&$4+%*+(84+6%("'(%)*6
$%6(4>+'#)@4B+-4H4*>%*=+)*+(84+@48%&$4+4I"%H:4*(L+696(4:6+:'9+%*&$">4T
— ."():'(%&+.>'H(%@4+E<"%64+E)*(<)$B
— b'*4+S44H%*=+W96(4:+Ub'*4+.66%6(VB
— !'<J+.66%6(B
— 1:4<=4*&9+#<'J%*=+;"*&(%)*6B

-'('+%6+)*$9+<4&)<>4>+#9+(84+4@4*(+>'('+<4&)<>4<+%;+'+6H4&%;%&+&)$$%6%)*+6%("'(%)*+8'6+)&&"<<4>B+-'('+%6
*)(+<4&)<>4>+"*>4<+*)<:'$+><%@%*=+&)*>%(%)*6B+.">%)+)<+@%>4)+;%$46+);+(84+%*(4<%)<+)<+(84+@48%&$4+6"<,
<)"*>%*=6+'<4+*)(+6'@4>B+!4<6)*'$+>'('+6"&8+'6+*':4L+=4*>4<L+'=4L+)<+'&&%>4*(+$)&'(%)*L+%6+'$6)+*)(
<4&)<>4>+'(+'*9+(%:4B+K)74@4<L+(8%<>+H'<(%46+6"&8+'6+$'7+4*;)<&4:4*(+'=4*&%46L+&'*+"64+(84+<4$4@'*(
:'(4<%'$6+()+&)**4&(+(84+&)*(4*(+;<):+(84+4@4*(+>'('+<4&)<>4<+()+)(84<+>'('+6)"<&46+'*>+&'*+%>4*(%;9
'+H4<6)*+784*+%*@46(%='(%*=+'*+'&&%>4*(B
3)+<4'>+)"(+>'('+;<):+(84+4@4*(+>'('+<4&)<>4<L+(84<4+:"6(+#4+6H4&%'$+4I"%H:4*(L+'&&466+()+(84+$4='$,
$9,<4I"%<4>+>%'=*)6(%&+&)**4&(%)*+H)<(+UgG*,[)'<>+-%'=*)6%6hV+%*+(84+@48%&$4L+(84+%=*%(%)*+:"6(+#4
67%(&84>+)*B
X)$J67'=4*+7%$$+*)(+'&&466L+<4'>L+)<+H<)&466+(84+4@4*(+>'('+<4&)<>4<+>'('+"*$466+(84+@48%&$4+)7*4<
U)<+$46644+%;+$4'6%*=+(84+@48%&$4V+=%@46+H4<:%66%)*B+38%6+45&$">46+&)*(<'&("'$+)<+$4='$+<4="$'(%)*6B
-"4+()+(84+$4='$+)#$%='(%)*+()+:)*%()<+H<)>"&(6L+X)$J67'=4*+%6+'$$)74>+()+"64+>'('+;)<+;%4$>+)#64<@',
(%)*+'6+74$$+'6+;)<+<464'<&8+H"<H)646+'*>+I"'$%(9+%:H<)@4:4*(+);+@48%&$4+6';4(9+696(4:6B+R)<+<4,
64'<&8+H"<H)646L+X)$J67'=4*+H<)@%>46+(84+>'('+()+(8%<>+H'<(%46+%*+'*+'*)*9:)"6+;)<:'(B+38%6+:4'*6
(84+>'('+>)46+*)(+<4;4<4*&4+(84+%*>%@%>"'$+@48%&$4L+(84+@48%&$4+)7*4<L+)<+(84+$46644B

U*4$,'(*#C(=,*.$'

R'&()<9+$'#4$6+'*>+H$'(46+7%(8+%:H)<('*(+%*;)<:'(%)*+<4='<>%*=+@48%&$4+)H4<'(%)*+'<4+$)&'(4>+%*+(84
4*=%*4+&):H'<(:4*(+'*>+)*+64@4<'$+@48%&$4+&):H)*4*(6B
— /4@4<+<4:)@4+(8464+$'#4$6+'*>+H$'(46+)<+:'J4+(84:+%$$4=%#$4B
— D;+@48%&$4+&):H)*4*(6+4I"%HH4>+7%(8+$'#4$6+'*>+H$'(46+'<4+<4H$'&4>L+%>4*(%&'$+$'#4$6+'*>+H$'(46
:"6(+#4+H$'&4>+&)<<4&($9+%*+(84+6':4+$)&'(%)*6+)*+(84+*47+&):H)*4*(6B

F*3$.1(9$%.5359*.$
.+6';4(9+&4<(%;%&'(4+)*+(84+><%@4<d6+>))<+H%$$'<+6H4&%;%46+'$$+*4&466'<9+6';4(9+6('*>'<>6+'*>+="%>4$%*46
);+(84+(<';;%&+6';4(9+'"(8)<%(%46+%*+(84+'HH$%&'#$4+&)"*(<9+'(+(84+(%:4+);+:'*";'&("<4B+384+:)*(8+'*>
94'<+);+H<)>"&(%)*+'6+74$$+'6+(84+XD/+:'9+'$6)+#4+$%6(4>B+/)(4+(84+%*;)<:'(%)*+%*+(84+G7*4<d6
a'*"'$B

L56/M82,.*6$("*%#5#6(,*4$,
384<4+'<4+6(%&J4<6+7'<*%*=+'#)"(+(84+8%=8,@)$('=4+@48%&$4+4$4&(<%&'$+696(4:+)*+(84+8%=8,@)$('=4
&):H)*4*(6+;)<+(84+Z_,@)$(+696(4:+M+ B

C.2/D/0
D*&)<<4&(+@48%&$4+8'*>$%*=+%*&<4'646+(84+<%6J+);+'&&%>4*(6+'*>+%*A"<%46B
● R)$$)7+(84+$4='$+<4="$'(%)*6B
● R)$$)7+(84+G7*4<d6+a'*"'$+%*6(<"&(%)*6B

/G3DE1
D*&)<<4&(+@48%&$4+8'*>$%*=+&'*+&'"64+@48%&$4+>':'=4B
● R)$$)7+(84+$4='$+<4="$'(%)*6B
● !4<;)<:+64<@%&4+H<)&4>"<46+'&&)<>%*=+()+(84+>%<4&(%)*6B

/G3DE1
X4*(%$'(%)*+)H4*%*=6+)*+(84+&)@4<6+);+(84+Z_,@)$(+696(4:d6+8%=8,@)$('=4+&):H)*4*(6+:"6(+*)(+#4
&)@4<4>B

?,+5C'(5#(./$(*5%(92#C5.52#5#6('1'.$>
@$3%56$%*#.(5#(./$(*5%(92#C5.52#5#6('1'.$>
384+$'#4$+%*+(84+4*=%*4+&):H'<(:4*(+H<)@%>46+%*;)<:'(%)*+'#)"(+(84+(9H4+'*>+':)"*(+);+<4;<%=4<'*(
"64>+%*+(84+@48%&$4+'%<+&)*>%(%)*%*=+696(4:B+384+$'#4$+%6+%*+(84+;<)*(+64&(%)*+);+(84+4*=%*4+&):H'<(,
:4*(+*4'<+(84+<4;<%=4<'*(+;%$$4<+("#4B

W9:#)$ -46&<%H(%)*

C'<*%*=T+(84+'%<+&)*>%(%)*%*=+696(4:+:"6(+)*$9+#4+64<@%&4>+#9+I"'$%;%4>
(4&8*%&%'*6B

24;<%=4<'*(+(9H4B

b"#<%&'*(+(9H4B

W44+64<@%&4+%*;)<:'(%)*+U)*$9+'@'%$'#$4+;)<+'"(8)<%?4>+X)$J67'=4*+>4'$,
4<6+'*>+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(%46VB

384+'%<+&)*>%(%)*%*=+696(4:+:"6(+)*$9+#4+64<@%&4>+#9+I"'$%;%4>
(4&8*%&%'*6B

R$'::'#$4+<4;<%=4<'*(B

a'J4+6"<4+'$$+&):H)*4*(6+'<4+>%6H)64>+);+&)<<4&($9+'*>+*4@4<+%*6('$$
&):H)*4*(6+<4:)@4>+;<):+)$>+@48%&$46+)<+;<):+<4&9&$%*=+%*+(84+@48%&$4B

U+4%59*#.(5#(./$(*5%(92#C5.52#5#6('1'.$>
384+'%<+&)*>%(%)*4<+&)*('%*6+"H+()+^+)?+UQNP+:$V+);+$"#<%&'(%*=+)%$B+384+45'&(+6H4&%;%&'(%)*+'*>+I"'*(%,
(9+);+$"#<%&'*(+%*+(84+'%<+&)*>%(%)*%*=+696(4:+&'*+#4+;)"*>+%*+(84+4<C%*
4<C%*+U4$4&(<)*%&+<4H'%<+'*>+64<@%&4
%*;)<:'(%)*V+74#+H)<('$+UM+24H'%<6+'*>+(4&8*%&'$+:)>%;%&'(%)*6L+W('*>'<>6Y>%<4&(%@46V B

C.2/D/0
3)+4*6"<4+6';4+)H4<'(%)*L+)*$9+8'@4+(84+'%<+&)*>%(%)*%*=+696(4:+64<@%&4>+#9+I"'$%;%4>+(4&8*%&%'*6B

/G3DE1
● /4@4<+<4H'%<+(84+'%<+&)*>%(%)*%*=+696(4:+4@'H)<'()<+7%(8+<4H$'&4:4*(+H'<(6+;<):+)$>+@48%&$46+)<
;<):+(84+<4&9&$%*=L+)<+<4H$'&4+%(+7%(8+6"&8+<4H$'&4:4*(+H'<(6B
● FW.+'*>+E'*'>'T+.+<4H$'&4:4*(+H'<(+;)<+(84+'%<+&)*>%(%)*%*=+696(4:+4@'H)<'()<+:"6(+#4+&4<(%,
;%4>+'*>+:'<J4>+%*+'&&)<>'*&4+7%(8+W.1+6('*>'<>6+wQ_ZQ+KRG,NQOZ9+'*>+2^ZZB

G#32.*5#>$#.('1'.$>(*#C(*$%5*,'

384+'4<%'$6+;)<+(84+D*;)('%*:4*(+696(4:+'<4+;%((4>+%*+@'<%)"6+H$'&46+%*+(84+@48%&$4T
— G*+(84+%*6%>4+);+(84+<4'<+7%*>)7+7%(8+(84+<4'<+7%*>)7+>4;<)6(4<
— G*+(84+%*6%>4+);+(84+<4'<+6%>4+7%*>)76
— G*+(84+%*6%>4+);+(84+7%*>68%4$>
— G*+(84+<));+);+(84+@48%&$4

.*(4**'6+)*+(84+%*6%>4+);+(84+7%*>)7+=$'66+&'*+#4+>4(4&(4>+'6+(8%*+7%<46B

/G3DE1
.*(4**'6+(8'(+'<4+$)&'(4>+)*+(84+%*6%>4+);+(84+7%*>)7+=$'66+&'*+#4+>':'=4>+#9+'#<'6%@4+)#A4&(6+)<
#9+&)<<)6%@4+'*>+'&%>%&+:'(4<%'$6B
● /4@4<+'HH$9+6(%&J4<6+)@4<+:4('$+7%<46L+;)<+45':H$4+)*+(84+<4'<+7%*>)7B
● /4@4<+&$4'*+(84+'*(4**'6+7%(8+&)<<)6%@4+)<+'&%>%&+:'(4<%'$6B

/G3DE1
.+<4(<);%((4>+D*;)('%*:4*(+696(4:+:"6(+#4+&):H'(%#$4+7%(8+(84+'*(4**'+':H$%;%4<+%*6('$$4>+%*+(84
@48%&$4+#9+(84+:'*";'&("<4<B+G(84<7%64L+(84+'*(4**'+':H$%;%4<+&)"$>+#4&):4+>':'=4>B

E2>=2#$#.(=%2.$9.52#

W):4+4$4&(<)*%&+&):H)*4*(6+'*>+&)*(<)$+:)>"$46L+6"&8+'6+(84+D*;)('%*:4*(+696(4:L+'<4+4I"%HH4>
7%(8+&):H)*4*(+H<)(4&(%)*+'(+(84+;'&()<9B

384+&):H)*4*(+H<)(4&(%)*+'$$)76+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<,
@%&4+R'&%$%(9+()+$4=%(%:'(4$9+%*6('$$+)<+<4H$'&4+&):H)*4*(6+'*>+&)*(<)$+:)>"$46B
D*+(84+;)$$)7%*=+6%("'(%)*6L+&):H)*4*(+H<)(4&(%)*+<4>"&46+(84+<%6J+);+&):H)*4*(6+6"HH$%4>+#9+(84
;'&()<9+#4%*=+)H4<'(4>+7%(8)"(+<46(<%&(%)*6+)"(6%>4+(84+@48%&$4B
— D*6('$$'(%)*+%*+)(84<+@48%&$46L+;)<+45':H$4+(84+&):H)*4*(6+8'@4+#44*+6()$4*
— GH4<'(%*=+&):H)*4*(6+)"(6%>4+);+(84+@48%&$4

D;+'+:466'=4+'#)"(+&):H)*4*(+H<)(4&(%)*+'HH4'<6+%*+(84+%*6(<":4*(+&$"6(4<+>%6H$'9+)<+)*+(84+D*;),
('%*:4*(+696(4:+6&<44*L+&)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4
R'&%$%(9+;)<+'66%6('*&4B

G#32%>*.52#(+#C$%(./$(;W&'(@;:EL(9/$>59*,'(%$6+,*.52#

D*+'&&)<>'*&4+7%(8+(84+1"<)H4'*+&84:%&'$6+<4="$'(%)*+21.EKL+X)$J67'=4*+7)"$>+$%J4+()+%*;)<:+9)"
'#)"(+(84+6"#6('*&46+(8'(+9)"<+@48%&$4+&)"$>+&)*('%*B
[9+4*(4<%*=+9)"<+@48%&$4+%>4*(%;%&'(%)*+*":#4<+UM+34&8*%&'$+>'('L+-46&<%H(%)*V L+9)"+&'*+'&&466+(8%6
%*;)<:'(%)*+)*+(84+D*(4<*4(T
8((H6TYY<4'&8%*;)B@)$J67'=4*B&):

A5'=2'*,(23(2,C(4*..$%5$'(*#C($,$9.%2#59(C$859$'
X48%&$4+J496L+<4:)(4+&)*(<)$6L+'*>+(84+#'((4<%46+(8464+>4@%&46+&)*('%*+&'**)(+#4+(8<)7*+'7'9+%*
8)"648)$>+(<'68B+384+ +69:#)$+%*>%&'(46+(8%6B
— -%6H)64+);+4$4&(<)*%&+>4@%&46+'*>+#'((4<%46+'(+'+<4&9&$%*=+&4*(4<+'&&)<>%*=+()+(84+$)&'$+<4="$'(%)*6B
— n)"+&'*+&)*('&(+'*+'"(8)<%?4>+X)$J67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+;)<
:)<4+%*;)<:'(%)*B

FW.+'*>+E'*'>'T+['((4<%46+;)<+(84+@48%&$4+J49+'*>+<4:)(4+&)*(<)$6+:'9+&)*('%*+H4<&8$)<'(4B+R)<
%*;)<:'(%)*+)*+8)7+()+8'*>$4+(8464+:'(4<%'$6+&)<<4&($9L+644+(84+;)$$)7%*=+74#6%(4T
8((HTYY777B>(6&B&'B=)@Y8'?'<>)"67'6(4YH4<&8$)<'(4B+R)$$)7+'$$+(84+$4='$+6H4&%;%&'(%)*6+;)<+>4'$,
%*=+7%(8+'*>+>%6H)6%*=+);+(8464+#'((4<%46B+X)$J67'=4*+<4&)::4*>6+8'@%*=+(8464+#'((4<%46+<4,
H$'&4>+'*>+>%6H)64>+);+#9+'+X)$J67'=4*+>4'$4<68%H+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B

A$9,*%*.52#(23(92#32%>5.1

C%(8+(8%6+>)&":4*(L+(84+:'*";'&("<4<+>4&$'<46+(8'(+(84+H<)>"&(6+$%6(4>+%*+(84+;)$$)7%*=+'<4+%*+&):,
H$%'*&4+7%(8+(84+#'6%&+<4I"%<4:4*(6+'*>+)(84<+<4$4@'*(+<4="$'(%)*6+'*>+$'76+%*&$">%*=+(8)64+;)"*>+%*
REE+!'<(+N\BN`L+REE+!'<(+N\BQN+'*>+2WW,04*+D66"4+N+'(+(84+(%:4+);+@48%&$4+H<)>"&(%)*T

@*C52($[+5=>$#.
— 1$4&(<)*%&+%::)#%$%?4<
— X48%&$4+J49
— ."5%$%'<9+84'(4<+<4:)(4+&)*(<)$
— S49$466+.&&466+7%(8+H"68,#"(()*+6('<(B
— .>'H(%@4+E<"%64+E)*(<)$+U.EEV
— ."()*):)"6+1:4<=4*&9+[<'J%*=+UR<)*(+.66%6(V+%*&$B+E%(9+1:4<=4*&9+[<'J%*=+W96(4:+'*>+!4>46(<%,
'*+a)*%()<%*=B
— b'*4+E8'*=4+W96(4:+UW%>4+.66%6(VB
— 1:4<=4*&9+.66%6(B
— E):;)<(+><%@4+3<'@4$+.66%6(B

;,$9.%59*,($[+5=>$#.
— NQ+X+6)&J4(

K/5%C(O*%.1(E2=1%56/.(G#32%>*.52#

!,C(8$/59,$(%$.+%#(*#C('9%*=(C5'=2'*,
!,C(8$/59,$(%$.+%#
X)$J67'=4*+8'6+'$<4'>9+('J4*+6(4H6+()+4*6"<4+(8'(+784*+(84+(%:4+&):46+()+>%6H)64+);+9)"<+@48%&$4L
%(+&'*+#4+>)*4+%*+'*+4*@%<)*:4*('$$9,;<%4*>$9+7'9B+.;(4<+'+@48%&$4+%6+<4("<*4>L+'+<4&9&$%*=+&4<(%;%&'(4
%6+H<)@%>4>+(8'(+>)&":4*(6+(8'(+(84+<4&9&$%*=+7'6+8'*>$4>+&)<<4&($9+'*>+%*+'*+4*@%<)*:4*('$$9,
;<%4*>$9+7'9B
384<4+%6+=4*4<'$$9+*)+&)6(+;)<+<4("<*%*=+'*+)$>+@48%&$4L+6"#A4&(+()+(84+;"$;%$$:4*(+);+*'(%)*'$+$4='$
<4I"%<4:4*(6B
n)"+&'*+)#('%*+:)<4+%*;)<:'(%)*+)*+(84+<4("<*+'*>+<4&9&$%*=+);+)$>+@48%&$46+;<):+'*+'"(8)<%?4>+X)$J,
67'=4*+>4'$4<+)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9B

F9%*=(C5'=2'*,
D;+6&<'HH%*=+(84+@48%&$4+)<+%(6+%*>%@%>"'$+H'<(6+6"&8+'6+(84+'%<#'=+696(4:+'*>+(84+6';4(9+#4$(+H<4(4*,
6%)*4<6L+(84+'HH$%&'#$4+6';4(9+<4="$'(%)*6+:"6(+'$7'96+#4+;)$$)74>B+.*+'"(8)<%?4>+X)$J67'=4*+>4'$4<
)<+'"(8)<%?4>+X)$J67'=4*+W4<@%&4+R'&%$%(9+%6+;':%$%'<+7%(8+(8464+%*6(<"&(%)*6B

W'$3+,(5#32%>*.52#(2#(8$/59,$'("5./(JR(.1=$(*==%28*,(H,56/.
92>>$%95*,(8$/59,$I

/)(4+(84+;)$$)7%*=+%*;)<:'(%)*+&)*&4<*%*=+@48%&$46+>46%=*4>+'*>+&)*6(<"&(4>+;)<+(84+&'<<%'=4+);
=))>6+'*>+8'@%*=+'+:'5%:":+:'66+*)(+45&44>%*=+OB\+()**46+U(9H4,'HH<)@4>+%*+1"<)H4+'6+/NVT

7*%5*#.'(*#C(#+>4$%(23('$*.'
/N+@48%&$46+#'64>+)*+'+X)$J67'=4*+H'664*=4<+&'<+'<4+'@'%$'#$4+%*+:"$(%H$4+@'<%'*(6B+384+*":#4<+);
64'(6+&)"$>+#4+$%:%(4>+()+(7)+)<+;)"<B
X48%&$46+7%(8+(7)+64'(6T +.6+(84<4+%6+*)+<4'<+#4*&8+64'(L+(84+;$))<+%*+(84+<4'<+64&(%)*+);+(84+@48%&$4+%*,
(4<%)<+8'6+*)+;$))<+&)@4<%*=+M+ B
X48%&$46+7%(8+;)"<+64'(6T +384+<4'<+#4*&8+64'(+%6+>46%=*4>+6"&8+(8'(+(84+:%>>$4+64'(+&'**)(
&'**)(+#4+"64>
M+ B

F*3$(9*%%5*6$(23(9/5,C%$#
.6+7%(8+@48%&$46+(9H4,'HH<)@4>+%*+(84+H'664*=4<+@48%&$4+&'(4=)<9+UaNVL+&8%$>+<46(<'%*(+696(4:6+&'*
#4+"64>+)*+(84+64'(6+UM+E8%$>+<46(<'%*(6L+-46&<%H(%)*V B

K%*5,$%(.2"5#6
D;+(84+@48%&$4+%6+'HH<)@4>+;)<+(<'%$4<+()7%*=L+*)(4+'HH$%&'#$4+$)&'$+<"$46+'*>+<4="$'(%)*6+;)<+><%@%*=
7%(8+'+(<'%$4<+'*>+(84+"64+);+'+(<'%$4<+8%(&8B
D;+(84+=<)66+@48%&$4+74%=8(+<'(%*=+)<+(84+'5$4+$)'>+);+(84+<4'<+'5$4+%6+45&44>4>L+(84+:'5%:":+H4<:%6,
6%#$4+6H44>+;)<+(<'%$4<+()7%*=+%6+\P+:H8+U_P+J:Y8VB+38%6+'$6)+'HH$%46+%*+&)"*(<%46+784<4+8%=84<+6H44>6
'<4+H4<:%((4>B+.>84<4+()+(84+'HH$%&'#$4+$)&'$+:'5%:":+6H44>+$%:%(L+78%&8+:'9+#4+$)74<+;)<+@48%&$46
()7%*=+'+(<'%$4<+(8'*+%(+%6+;)<+@48%&$46+(8'(+'<4+*)(+()7%*=+'+(<'%$4<B
.+H4<:%66%#$4+45&44>'*&4+);+(84+@48%&$4+$)'>+<'(%*=6+%6+<4&)<>4>+%*+(84+@48%&$4+<4=%6(<'(%)*B+D;+*)+45,
&44>'*&4+%6+<4&)<>4>L+%(+%6+H)66%#$4+()+><%@4+'(+]Q+:H8+UNPP+J:Y8VL+H<)@%>4>+(8%6+%6+*)(+%*+@%)$'(%)*+);
$)&'$+$'76B

K$9/#59*,(C*.*
384+(4&8*%&'$+>'('+&'*+#4+;)"*>+%*+(84+@48%&$4+<4=%6(<'(%)*B

C.2/D/0
2%6J+);+%*A"<%46+'*>+4$4&(<%&+68)&J+;<):+45H)64>+&'#$46B
● K'@4+(84+$"=='=4+&):H'<(:4*(+(<%:+;%((4>+*)+$'(4<+(8'*+"H)*+>4$%@4<9+6)+(8'(+(84+&'#$46+%*+(84
<4'<+64&(%)*+);+(84+@48%&$4+'<4+&)@4<4>+%*+(%:4+;)<+@48%&$4+"64B

C.2/D/0
2%6J+);+64<%)"6+%*A"<%46+;<):+(84+%*&)<<4&(+&'<<%'=4+);+H'664*=4<6B
● /4@4<+'$$)7+'*+'>"$(+)<+&8%$>+()+<%>4+)*+(84+:%>>$4+);+(84+<4'<+#4*&8+64'(B
● 384+'#64*&4+);+&8%$>+<46(<'%*(+696(4:6L+6"&8+'6+'+6';4(9+#4$(+'*>+84'>+<46(<'%*(L+&)"$>+<46"$(+%*
64<%)"6+)<+;'('$+%*A"<%46+%*+(84+4@4*(+);+'*+'&&%>4*(B

C.2/D/0
2%6J+);+64<%)"6+'*>+;'('$+%*A"<%46B
● /4@4<+&'<<9+H4<6)*6+%*+(84+$"=='=4+&):H'<(:4*(B
● /)(4+(84+6';4(9+%*6(<"&(%)*6+'*>+%*;)<:'(%)*+)*+(84+$"=='=4+&):H'<(:4*(+'*>+(<'*6H)<(%*=+UM
3<'*6H)<(%*=L+-46&<%H(%)*V B

A$9,*%*.52#(23(92#32%>5.1(32%(%*C52($[+5=>$#.(5#(;+%2=$

F5>=,535$C(C$9,*%*.52#(23(92#32%>5.1

n)"<+@48%&$4+8'6+@'<%)"6+<'>%)+696(4:6B+384+:'*";'&("<4<+);+(8464+<'>%)+696(4:6+>4&$'<46+(8'(
(8464+696(4:6+:44(+(84+$4='$+<4I"%<4:4*(6+);+>%<4&(%@4+QPNZY\OY1FB
384+&):H$4(4+(45(+);+(84+1F+>4&$'<'(%)*+);+&)*;)<:%(9+&'*+#4+;)"*>+'(+(84+;)$$)7%*=+74#6%(4T

777B@)$J67'=4*B,
&):Y=4*4<'$%*;)

W0%*5#$
n)"<+@48%&$4+8'6+@'<%)"6+<'>%)+696(4:6B+384+:'*";'&("<4<6+);+(8464+<'>%)+696(4:6+>4&$'<4+(8'(
(8464+696(4:6+:44(+(84+$4='$+<4I"%<4:4*(6+);+>%<4&(%@4+32+O\\B
384+&):H$4(4+(45(+);+(84+>4&$'<'(%)*+);+&)*;)<:%(9+&'*+#4+;)"*>+'(+(84+;)$$)7%*=+74#6%(4T

777B@)$J67'=4*B,
&):Y=4*4<'$%*;)
)*#+3*9.+%$%(*CC%$''$'

R)<+&):H)*4*(6+(8'(+&'**)(+#4+$'#4$4>+>"4+()+(84%<+6%?4+)<+*'("<4L+784<4+$4='$$9+<4I"%<4>L+(84
<4$4@'*(+:'*";'&("<4<+'>><46646+'<4+$%6(4>+#4$)7T

A22%(%$,$*'$(,$8$%("5./(J?E(%*C52(.$9/#2,261
K1bb.+0:#K+t+E)B+S0'.
2%5#4&J4<+W(<'ê4+^\
\`\\Q+b%HH6('>(
012a./n

@$>2.$(92#.%2,(2=$%*.52#(
@$>2.$(92#.%2,(2=$%*.52#(H*+<5,5*%1(/$*.$%IP(*+<5,5*%1(/$*.$%
H*+<5,5*%1(/$*.$%IP(*+<5,5*%1(/$*.$%
H.%*#'9$58$%I
-%='>46+0:#K
ë"ê4<4+C4#4<6(<B+QP
PQ^]O+{%(('"
012a./n
C4#'6()+384<:)+t+E):;)<(+W1
R<%4><%&868';4*4<+W(<B+`
_QQP\+0%$&8%*=
012a./n

)*==5#6(.*4,$'

384+:'HH%*=+('#$46+&'*+84$H+9)"+>4;%*4+(84+<4$'(%)*68%H+#4(744*+(84+>4@%&4+*':4+%*+'+>4&$'<',
(%)*+);+&)*;)<:%(9+'*>+(84+@48%&$4+4I"%H:4*(+'*>+(4<:%*)$)=9+"64>+%*+(84+G7*4<d6+a'*"'$B

F59/$%/$5.
D*+>%464:+.#6&8*%((+6%*>+{4<(%;%J'(6*"::4<*+;)$=4*>4<+['"(4%$4+4*(8'$(4*T
— 0'<'=4*()<í;;*4<L+S49$466,.&&466L+R"*J6&8$ì664$+UR'8<?4"=VL+S):#%,D*6(<":4*(L+4$4J(<)*%6&84
C4=;'8<6H4<<4L+3ì<í;;*"*=684#4$+:%(+/RE,R"*J(4&8*%JL+a)#%$4<+W&8$ì664$+W4<@%&4,S'<(4B B

B)NL])
B)NL])L+X!Q^NL
X!Q^NLL+X!Q^LL
X!Q^LLL+)'.1FFFG17'>$,/1I/-^)Q4
)'.1FFFG17'>$,/1I/-^)Q4L+0NLU
0NLUL+/!AQ
/!AQL+0_A=<\=K'8"6/%
0_A=<\=K'8"6/%L
QAF`
QAF`L+QAGUB
QAGUBL+QAGU9
QAGU9L+QAGa
QAGaL+QAGbaa
QAGbaaL+QAG`
QAG`L+QAG`FU
QAG`FUL+QAG`FH
QAG`FHL+QA`a
QA`aL+cF`.5a1R/-
cF`.5a1R/-L+R/-,/**
R/-,/**
B22/**1C$&:1+8*:=>8&&'(1*&"6&1OdX=B
B22/**1C$&:1+8*:=>8&&'(1*&"6&1OdX=BL+R/-,/**1B22/**1C$&:1+8*:=>8&&'(1*&"6&1OdX=
R/-,/**1B22/**1C$&:1+8*:=>8&&'(1*&"6&1OdX=
X1X
X1XL+R/-,/**1B22/**1C$&:1+8*:=>8&&'(1*&"6&1OdX=X1N
R/-,/**1B22/**1C$&:1+8*:=>8&&'(1*&"6&1OdX=X1NL+R/-,/**1B22/**1C$&:1+8*:=>8&=
R/-,/**1B22/**1C$&:1+8*:=>8&=
&'(1*&"6&19dH]c9
&'(1*&"6&19dH]c9L+R/-,/**1B22/**1C$&:1+8*:=>8&&'(1*&"6&1OdXHb\
R/-,/**1B22/**1C$&:1+8*:=>8&&'(1*&"6&1OdXHb\L+M(*&687/(&12,8*=
M(*&687/(&12,8*=
&/61G
&/61GL+M(*&687/(&12,8*&/61U
M(*&687/(&12,8*&/61UL+M(*&687/(&12,8*&/61H
M(*&687/(&12,8*&/61HL+L.\F]=<\0G
L.\F]=<\0GL+L.\F]=<\0]
L.\F]=<\0]L
L.\F]=A00e
L.\F]=A00eL+!AQ^NL
!AQ^NLL+!AQ^LLG
!AQ^LLGL+!AQ^LLH
!AQ^LLHL+9dH]1R/-,/**1B22/**1C$&:1+8*:=>8&&'(
9dH]1R/-,/**1B22/**1C$&:1+8*:=>8&&'(
*&"6&
*&"6&L+4AXG`
4AXG`L+<\K5PB19R0K5PB
<\K5PB19R0K5PBL+<\K5PB14R0K5PB
<\K5PB14R0K5PBL+UFGb=FU=0P=LQ^M.^MO
UFGb=FU=0P=LQ^M.^MOL+M77'=
M77'=
>$,$W/61$(&/%6"&/31$(13"*:>'"6317'38,/1$(*&687/(&12,8*&/6
>$,$W/61$(&/%6"&/31$(13"*:>'"6317'38,/1$(*&687/(&12,8*&/6L+HcF?EHb?UF]
HcF?EHb?UF]B

:5%(92#C5.52#5#6('1'.$>
38%6+64&(%)*+&)*('%*6+&4<(%;%&'(4+*":#4<6+;)<+(84+;)$$)7%*=+&):H)*4*(6T
— 24:)(4+&)*(<)$+)H4<'(%)*+U'"5%$%'<9+84'(%*=VL+'"5%$%'<9+84'(%*=+U(<'*6&4%@4<V B

0"*-A&"6&14
0"*-A&"6&14L+0"*-A&"6&141
0"*-A&"6&141YUU1GFFF1HU1`]1FFf1UU1GFFF1Ha1bU1FFZ
YUU1GFFF1HU1`]1FFf1UU1GFFF1Ha1bU1FFZL+AKN1<\1=1]FFFFEEa
AKN1<\1=1]FFFFEEaL
A/(3/61AKN1<\1=1]FFFFEEe
A/(3/61AKN1<\1=1]FFFFEEeL+K/,/*&"6&
K/,/*&"6&L+]FFFFEea1)UFEL1<\
]FFFFEea1)UFEL1<\L+`FG`]GF.1J14/2/$#/61';
`FG`]GF.1J14/2/$#/61';
"8T1:/"&/61Ee`1ONW
"8T1:/"&/61Ee`1ONWL+`FG`babX1J14/7'&/12'(&6',1';1"8T1:/"&/61EeE1ONW
`FG`babX1J14/7'&/12'(&6',1';1"8T1:/"&/61EeE1ONWL

K5%$'
38%6+64&(%)*+&)*('%*6+&4<(%;%&'(4+*":#4<6+;)<+(84+;)$$)7%*=+&):H)*4*(6T
— 3%<4+H<466"<4+64*6)<6 B

KAA40a)%
KAA40a)%L+KAAAcac]
KAAAcac]L+BcUQ\a
BcUQ\aB

E2#.%2,(+#5.'
38%6+64&(%)*+&)*('%*6+&4<(%;%&'(4+*":#4<6+;)<+(84+;)$$)7%*=+&):H)*4*(6T
— E4*(<'$+&)*(<)$+"*%(L+>))<+&)*(<)$+"*%(L+7%<4$466+&8'<=%*=+;"*&(%)* B

X.=O'38,/
X.=O'38,/L+X.O19dUe145\1
X.O19dUe145\1Y]FU!GTQ5TZ
Y]FU!GTQ5TZL+X.O/#'
X.O/#'L+X.OU
X.OUL+X.OU4
X.OU4L+X4GG
X4GGL+NPQbGGGF
NPQbGGGFL
RcQ=O"T
RcQ=O"TL+4VM=H]=aHH=).
4VM=H]=aHH=).L+\.N=GE]
\.N=GE]L+HcF?EHb?UF]
HcF?EHb?UF]L+HcF?EHb?UFe
HcF?EHb?UFeL+]\R]FU]a
]\R]FU]aB

A%58$%(*''5'.*#9$('1'.$>'
38%6+64&(%)*+&)*('%*6+&4<(%;%&'(4+*":#4<6+;)<+(84+;)$$)7%*=+&):H)*4*(6T
— E'<Qq+<'>'<+64*6)<6+;)<+'66%6(+696(4:6L+E'<Qq+&)::"*%&'(%)* B

B4Aa=X
B4Aa=XL+BA4]=X
BA4]=XL+XA)1H?F
XA)1H?FL+L.B1U?FB
L.B1U?FBL+L44H
L44HL+L44H1O"*&/61g1A,"#/
L44H1O"*&/61g1A,"#/L+L44a
L44aL+L44a4
L44a4L+O4=
O4=
4/GaQ.4
4/GaQ.4L+O44/#'GaQ
O44/#'GaQL+O44G9,8*
O44G9,8*L+O44G4/"6
O44G4/"6L+4Aa
4AaL+4HK4
4HK4B

G#32.*5#>$#.('1'.$>(*#C(2#,5#$(92>>+#59*.52#
38%6+64&(%)*+&)*('%*6+&4<(%;%&'(4+*":#4<6+;)<+(84+;)$$)7%*=+&):H)*4*(6T
— D*;)('%*:4*(+696(4:L+[$"4())(8L+C%,R%+8)(6H)(L+H8)*4+%*(4<;'&4L+E'<,/4(+gW4&"<%(9+t+W4<@%&4hL
E'<,/4(+g4,24:)(4hL+&):H4*6'()<B

BL9A1Pc__Q=GFUX
BL9A1Pc__Q=GFUXL+BL9A1Pc__Q=UFUX
BL9A1Pc__Q=UFUXL+BGF`
BGF`L+Bab]1J1Bb]a
Bab]1J1Bb]aL+B]EF1J1BUbF
B]EF1J1BUbFL+BabH1J1Babe
BabH1J1Babe
J1Bb]F
J1Bb]FL+BaEe1J1Baa`1J1Ba`H1J1GEH
BaEe1J1Baa`1J1Ba`H1J1GEHL+NK=]
NK=]L+NK=e
NK=eL+NK=e3
NK=e3L+NK=e/
NK=e/L+LK0=OX.=0P
LK0=OX.=0PL+LK0=OX.=
LK0=OX.=
0PU
0PUL+LaF<\U
LaF<\UL+L]H<\U
L]H<\UL+L]e<\U
L]e<\UL+LeU<\U
LeU<\UL+Le`<\U
Le`<\UL+LbH<\U
LbH<\UL+Lbb<\U
Lbb<\UL+OMX1c,'>=
OMX1c,'>=
",10(&6-JA&"(3"63
",10(&6-JA&"(3"63L+OMX1c,'>",10(&6-JA&"(3"63
OMX1c,'>",10(&6-JA&"(3"63L+OMX1A&"(3"631U1h19d1iJ!B<1C$&:1XK
OMX1A&"(3"631U1h19d1iJ!B<1C$&:1XKL
OMX1A&"(3"631U1h19d1iJ!B<1C$&:1XK1"(31\LB!
OMX1A&"(3"631U1h19d1iJ!B<1C$&:1XK1"(31\LB!L+OMX1A&"(3"631U1h1_41iJ!"#1C$&:1XK
OMX1A&"(3"631U1h1_41iJ!"#1C$&:1XKL
OMX1A&"(3"631U1h1_41iJ!"#17$&1XK1"(31\LB!
OMX1A&"(3"631U1h1_41iJ!"#17$&1XK1"(31\LB!L+OMXU10(&6-
OMXU10(&6-L+OMXU1O"$(=P($&
OMXU1O"$(=P($&L+OMXUAK)
OMXUAK)L
OMX1U1A&"(3"6319d
OMX1U1A&"(3"6319dL+OMX1U1A&"(3"631_4
OMX1U1A&"(3"631_4L+OOMHc
OOMHcL+OOMHc14P
OOMHc14PL+44<\aFGj
44<\aFGjL+44<\aFUj
44<\aFUjL
44<\aFUX
44<\aFUXL+KP<OFUMP=0
KP<OFUMP=0L+KP<OFHMP=0
KP<OFHMP=0L+POKAJcAO=OO.
POKAJcAO=OO.L+POKAJcAO=OO.=BcU
POKAJcAO=OO.=BcUL
POKAJcAO=OO.=BcH
POKAJcAO=OO.=BcHL+b.F?FH]?G]H
b.F?FH]?G]HL+b.F?FH]?G]H?B
b.F?FH]?G]H?BB

:$%5*,'
38%6+64&(%)*+&)*('%*6+&4<(%;%&'(4+*":#4<6+;)<+(84+;)$$)7%*=+&):H)*4*(6T
— .4<%'$6L+'4<%'$+':H$%;%4<6L+&)**4&(%)*+()+(84+45(4<*'$+'4<%'$B

`UF1HFG1B
`UF1HFG1BL+`UF1eGG1B
`UF1eGG1BB
GRE?FH]?]]U
GRE?FH]?]]UL+GRE?FH]?]]U?.
GRE?FH]?]]U?.L+GRE?FH]?]]U?Q
GRE?FH]?]]U?QL+GAF?FH]?]bb?B
GAF?FH]?]bb?BL+UcB?FH]?]bb
UcB?FH]?]bbL
UcB?FH]?]bb?B
UcB?FH]?]bb?BL+UcB?FH]?]bb?X
UcB?FH]?]bb?XL+UcO?FH]?]bb?B
UcO?FH]?]bb?BL+UcF?FH]?]bb?B
UcF?FH]?]bb?BL+UR]?FH]?]U]?BX
UR]?FH]?]U]?BXL
UR]?FH]?]U]?B.
UR]?FH]?]U]?B.L+UR]?FH]?]U]?B)
UR]?FH]?]U]?B)L+UR]?FH]?]U]?B0
UR]?FH]?]U]?B0L+UR]?FH]?]U]?L
UR]?FH]?]U]?LL+UR]?FH]?]U]?O
UR]?FH]?]U]?OL
UR]?FH]?]U]?d
UR]?FH]?]U]?dL+UR]?FH]?]U]?K
UR]?FH]?]U]?KL+UR]?FH]?]Ue?BB
UR]?FH]?]Ue?BBL+UR]?FH]?]Ue?BX
UR]?FH]?]Ue?BXL+UR]?FH]?]Ue?B.
UR]?FH]?]Ue?B.L
UR]?FH]?]Ue?B)
UR]?FH]?]Ue?B)L+UR]?FH]?]Ue?B0
UR]?FH]?]Ue?B0L+UR]?FH]?]Ue?BQ
UR]?FH]?]Ue?BQL+UR]?FH]?]Ue?L
UR]?FH]?]Ue?LL+UR]?FH]?]Ue?O
UR]?FH]?]Ue?OL
UR]?FH]?]Ue?d
UR]?FH]?]Ue?dL+UR]?FH]?]Ue?K
UR]?FH]?]Ue?KL+UR]?FH]?]HU?d
UR]?FH]?]HU?dL+UR]?FH]?]HU?4
UR]?FH]?]HU?4L+UR]?FH]?]HU?A
UR]?FH]?]HU?AL
UR]?FH]?]aF?B
UR]?FH]?]aF?BL+H.F?FH]?]Fb?BB
H.F?FH]?]Fb?BBL+H.F?FH]?]Fb?!
H.F?FH]?]Fb?!L+H.F?FH]?]Fb?9
H.F?FH]?]Fb?9L+HcF?`EF?eGG
HcF?`EF?eGGL
Hc]?FH]?]bb
Hc]?FH]?]bbL+Hc]?FH]?]bb?B
Hc]?FH]?]bb?BL+Hc]?FH]?]bb?X
Hc]?FH]?]bb?XL+Hc]?FH]?]bb?c
Hc]?FH]?]bb?cL+Hc]?FH]?]bb?N
Hc]?FH]?]bb?NL
Hc]?FH]?]bb?k
Hc]?FH]?]bb?kL+Hc]?FH]?]bb?R
Hc]?FH]?]bb?RL+HcE?FH]?]bb
HcE?FH]?]bbL+HcE?FH]?]bb?B
HcE?FH]?]bb?BL+HcE?FH]?]bb?X
HcE?FH]?]bb?XL
HcE?FH]?]bb?0
HcE?FH]?]bb?0L+HcE?FH]?]bb?Q
HcE?FH]?]bb?QL+HcE?FH]?]bb?c
HcE?FH]?]bb?cL+HcE?FH]?]bb?N
HcE?FH]?]bb?NL+HcE?FH]?]bb?k
HcE?FH]?]bb?kL
HcE?FH]?]bb?R
HcE?FH]?]bb?RL+Hc`?FH]?]bb
Hc`?FH]?]bbL+Hc`?FH]?]bb?B
Hc`?FH]?]bb?BL+Hc`?FH]?]bb?X
Hc`?FH]?]bb?XL+Hc`?FH]?]bb?c
Hc`?FH]?]bb?cL
Hc`?FH]?]bb?N
Hc`?FH]?]bb?NL+Hc`?FH]?]bb?k
Hc`?FH]?]bb?kL+Hc`?FH]?]bb?R
Hc`?FH]?]bb?RL+HbE`?FG
HbE`?FGL+ac]?FH]?UU]?X
ac]?FH]?UU]?XL
acE?FH]?UU]?X
acE?FH]?UU]?XL+ac`?FH]?UU]?X
ac`?FH]?UU]?XL+a!F?FH]?]FH?Bc
a!F?FH]?]FH?BcL+a!F?FH]?]FH?BQ
a!F?FH]?]FH?BQL+a!F1FH]1]FH?k
a!F1FH]1]FH?kL
aAF?FH]?UU]?B
aAF?FH]?UU]?BL+aAF?FH]?UU]?)
aAF?FH]?UU]?)B
].H?FH]?]]U
].H?FH]?]]UL+].H?FH]?]]U?B
].H?FH]?]]U?BL+].H?FH]?]]U?X
].H?FH]?]]U?XL+].]?FH]?]]U
].]?FH]?]]UL+].]?FH]?]]U?B
].]?FH]?]]U?BL
].]?FH]?]]U?X
].]?FH]?]]U?XL+]0]?FH]?]bb?B
]0]?FH]?]bb?BL+]0]?FH]?]bb?X
]0]?FH]?]bb?XL+]Qa?FH]?UU]
]Qa?FH]?UU]L+]Qa?FH]?UU]?B
]Qa?FH]?UU]?BL
]Qa?FH]?UU]?X
]Qa?FH]?UU]?XL+]ce?FH]?]bb
]ce?FH]?]bbL+]ce?FH]?]bb?B
]ce?FH]?]bb?BL+]ce?FH]?]bb?X
]ce?FH]?]bb?XL+]ce?FH]?]bb?0
]ce?FH]?]bb?0L
]ce?FH]?]bb?Q
]ce?FH]?]bb?QL+]c`?FH]?]bb
]c`?FH]?]bbL+]c`?FH]?]bb?B
]c`?FH]?]bb?BL+]c`?FH]?]bb?X
]c`?FH]?]bb?XL+]c`?FH]?]bb?c
]c`?FH]?]bb?cL
]c`?FH]?]bb?N
]c`?FH]?]bb?NL+]c`?FH]?]bb?k
]c`?FH]?]bb?kL+]c`?FH]?]bb?R
]c`?FH]?]bb?RL+]NF?FH]?]GF
]NF?FH]?]GFL+]Ne?FH]?]bb
]Ne?FH]?]bbL
]Ne?FH]?]bb?B
]Ne?FH]?]bb?BL+]Ne?FH]?]bb?X
]Ne?FH]?]bb?XL+]Ne?FH]?]bb?K
]Ne?FH]?]bb?KL+]LF?FH]?]FG?B
]LF?FH]?]FG?BL+]!B?FH]?]bb
]!B?FH]?]bbL
]!B?FH]?]bb?B
]!B?FH]?]bb?BL+]!B?FH]?]bb?X
]!B?FH]?]bb?XL+]!B?FH]?]bb?0
]!B?FH]?]bb?0L+]!B?FH]?]bb?Q
]!B?FH]?]bb?QL+]dF?FH]?]Fb?B
]dF?FH]?]Fb?BL
]dF?FH]?]Fb?Bc
]dF?FH]?]Fb?BcL+]dF?FH]?]Fb?BN
]dF?FH]?]Fb?BNL+]dF?FH]?]Fb?X
]dF?FH]?]Fb?XL+]dF?FH]?]Fb?.
]dF?FH]?]Fb?.L+]dF?FH]?]Fb?9
]dF?FH]?]Fb?9L
]dF?FH]?]Fb?d
]dF?FH]?]Fb?dL+]dF?FH]?]Fb?A
]dF?FH]?]Fb?AL+]KB?FH]?]bb
]KB?FH]?]bbL+]KB?FH]?]bb?B
]KB?FH]?]bb?BL+]KB?FH]?]bb?X
]KB?FH]?]bb?XL
]\B?FH]?]Fb?B
]\B?FH]?]Fb?BL+]\B?FH]?]Fb?X
]\B?FH]?]Fb?XL+]\B?FH]?]Fb?0
]\B?FH]?]Fb?0L+]\B?FH]?]Fb?Q
]\B?FH]?]Fb?QL+]\B?FH]?]Fb?K
]\B?FH]?]Fb?KL
]GF?FH]?]bb
]GF?FH]?]bbL+]GF?FH]?]bb?B
]GF?FH]?]bb?BL+]GF?FH]?]bb?X
]GF?FH]?]bb?XL+]b]?FH]?UU]
]b]?FH]?UU]L+]b]?FH]?UU]?B
]b]?FH]?UU]?BL
]b]?FH]?UU]?X
]b]?FH]?UU]?XB
e.F?FH]?]FG
e.F?FH]?]FGL+e.F?FH]?]FG?B
e.F?FH]?]FG?BL+e.F?FH]?]FG?.
e.F?FH]?]FG?.L+e.F?FH]?]FG?)
e.F?FH]?]FG?)L+e.F?FH]?]FG?c
e.F?FH]?]FG?cL
e.F?FH]?]FG?k
e.F?FH]?]FG?kL+e.F?FH]?]FG?!
e.F?FH]?]FG?!L+e.F?FH]?]FG?9
e.F?FH]?]FG?9L+e.F?FH]?]FG?d
e.F?FH]?]FG?dL+e.F?FH]?]bb
e.F?FH]?]bbL
e4F?FH]?]FG
e4F?FH]?]FGL+e4F?FH]?]FG?B
e4F?FH]?]FG?BL+e4F?FH]?]FG?.
e4F?FH]?]FG?.L+e4F?FH]?]FG?)
e4F?FH]?]FG?)L+e4F?FH]?]FG?Q
e4F?FH]?]FG?QL
e4F?FH]?]FG?L
e4F?FH]?]FG?LL+e<e?FH]?]bb?B
e<e?FH]?]bb?BL+e<e?FH]?]bb?X
e<e?FH]?]bb?XL+e<`?FH]?]bb?B
e<`?FH]?]bb?BL+e<`?FH]?]bb?X
e<`?FH]?]bb?XL
b.F?FH]?]FG
b.F?FH]?]FGL+b.F?FH]?]FG?.
b.F?FH]?]FG?.L+b.F?FH]?]FG?)
b.F?FH]?]FG?)L+b.F?FH]?]FG?Q
b.F?FH]?]FG?QL+b.F?FH]?]FG?c
b.F?FH]?]FG?cL
b0F?FH]?]FH
b0F?FH]?]FHL+b0F?FH]?]FH?B
b0F?FH]?]FH?BL+b0F?FH]?]FH?X
b0F?FH]?]FH?XL+b0F?FH]?]FH?.
b0F?FH]?]FH?.L+b0F?FH]?]FH?)
b0F?FH]?]FH?)L
b0F?FH]?]FH?0
b0F?FH]?]FH?0L+b0F?FH]?]GF
b0F?FH]?]GFL+b0F?FH]?]GF?B
b0F?FH]?]GF?BL+bNF?FH]?]Fb?0
bNF?FH]?]Fb?0L+b!F?FH]?]Fb?B
b!F?FH]?]Fb?BL
b!F?FH]?]Fb?X
b!F?FH]?]Fb?XL+b!F?FH]?]]U?R
b!F?FH]?]]U?RL+b!F?FH]?]]U?k
b!F?FH]?]]U?kL+b!F?FH]?]]U?d
b!F?FH]?]]U?dL+b9e?FH]?]]U
b9e?FH]?]]UL
b9e?FH]?]]U?B
b9e?FH]?]]U?BL+b9e?FH]?]]U?O
b9e?FH]?]]U?OL+beF?FH]?]bb?K
beF?FH]?]bb?KB
`UF1GF]1GF]
`UF1GF]1GF]L+`UF1GF]1GGF
`UF1GF]1GGFL+`UF1UGG1FbU
`UF1UGG1FbUL+`UF1UGG1GbU
`UF1UGG1GbUL+`UF1UGG1UFG
`UF1UGG1UFGL+`UF1UGG1UFU
`UF1UGG1UFUL+`UF
`UF
UGH1GbU
UGH1GbUL+`UF1UEe1FFU
`UF1UEe1FFUL+`UF1UEe1FF]
`UF1UEe1FF]L+`UF1UEe1FF`
`UF1UEe1FF`L+`UF1UEe1FGF
`UF1UEe1FGFL+`UF1UEe1FGG
`UF1UEe1FGGL+`UF1UEe
`UF1UEe
FGU
FGUL+`UF1UEe1FGH
`UF1UEe1FGHL+`UF1UEe1FG]
`UF1UEe1FG]L+`UF1UEe1HGH
`UF1UEe1HGHL+`UF1UEe1HUH
`UF1UEe1HUHL+`UF1UEe1HaH
`UF1UEe1HaHL+`UF1UEe1H]G
`UF1UEe1H]GL
`UF1UEe1H]U
`UF1UEe1H]UL+`UF1UEe1H]H
`UF1UEe1H]HL+`UF1UEe1H]a
`UF1UEe1H]aL+`UF1UEe1HeU
`UF1UEe1HeUL+`UF1UEe1HEU
`UF1UEe1HEUL+`UF1UEe1HEH
`UF1UEe1HEHL+`UF
`UF
UEe1HE]
UEe1HE]L+`UF1UEe1HEe
`UF1UEe1HEeL+`UF1HFG1FUU
`UF1HFG1FUUL+`UF1HFG1FHF
`UF1HFG1FHFL+`UF1HFG1FHG
`UF1HFG1FHGL+`UF1HFG1FaG
`UF1HFG1FaGL+`UF1HFG
`UF1HFG
FaU
FaUL+`UF1HFa1FUU
`UF1HFa1FUUL+`UF1HHe1FFH
`UF1HHe1FFHL+`UF1HHe1FF]
`UF1HHe1FF]L+`UF1HHe1FFe
`UF1HHe1FFeL+`UF1HHe1FFb
`UF1HHe1FFbL+`UF1HHe1FFE
`UF1HHe1FFEL
`UF1HHe1FGF
`UF1HHe1FGFL+`UF1HHe1FGG
`UF1HHe1FGGL+`UF1HHe1FGU
`UF1HHe1FGUL+`UF1HHe1FGH
`UF1HHe1FGHL+`UF1HHe1FGa
`UF1HHe1FGaL+`UF1H]]1FFG
`UF1H]]1FFGL+`UF
`UF
aGb1FFb
aGb1FFbL+`UF1aGb1FGF
`UF1aGb1FGFL+`UF1aHb1FFH
`UF1aHb1FFHL+`UF1aHb1FUH
`UF1aHb1FUHL+`UF1aHb1FH]
`UF1aHb1FH]L+`UF1aHb1HFH
`UF1aHb1HFHL+`UF1aHb
`UF1aHb
HUH
HUHL+`UF1aHb1HH]
`UF1aHb1HH]L+`UF1aeF1FFH
`UF1aeF1FFHL+`UF1aeF1FF`
`UF1aeF1FF`L+`UF1aeF1FGE
`UF1aeF1FGEL+`UF1aeF1FU]
`UF1aeF1FU]L+`UF1aeF1FUE
`UF1aeF1FUEL
`UF1aeF1FaU
`UF1aeF1FaUL+`UF1aeF1Fab
`UF1aeF1FabL+`UF1aeF1Fe`
`UF1aeF1Fe`L+`UF1aeF1HFH
`UF1aeF1HFHL+`UF1aeF1HGE
`UF1aeF1HGEL+`UF1aeF1HU]
`UF1aeF1HU]L+`UF
`UF
aeF1HUE
aeF1HUEL+`UF1aeF1HaU
`UF1aeF1HaUL+`UF1aeF1Hab
`UF1aeF1HabL+`UF1aeF1He`
`UF1aeF1He`L+`UF1aeG1FFG
`UF1aeG1FFGL+`UF1aeG1FFU
`UF1aeG1FFUL+`UF1aeG
`UF1aeG
FFH
FFHL+`UF1aeG1FFa
`UF1aeG1FFaL+`UF1aeG1FF]
`UF1aeG1FF]L+`UF1aEG1FFU
`UF1aEG1FFUL+`UF1aEG1FFH
`UF1aEG1FFHL+`UF1aEG1FFa
`UF1aEG1FFaL+`UF1aEG1FGU
`UF1aEG1FGUL
`UF1aEG1FGH
`UF1aEG1FGHL+`UF1aEG1FGa
`UF1aEG1FGaL+`UF1]]a1FFG
`UF1]]a1FFGL+`UF1]]a1FFU
`UF1]]a1FFUL+`UF1]]a1FFH
`UF1]]a1FFHL+`UF1]]a1FFa
`UF1]]a1FFaL+`UF
`UF
eGG1FFG
eGG1FFGL+`UF1eGG1FFU
`UF1eGG1FFUL+`UF1eGG1FGG
`UF1eGG1FGGL+`UF1eGG1FGU
`UF1eGG1FGUL+`UF1eG]1FFG
`UF1eG]1FFGL+`UF1eG]1FFU
`UF1eG]1FFUL+`UF1eUb
`UF1eUb
FFH
FFHL+`UF1eUb1FFb
`UF1eUb1FFbL+`UF1eUb1FUH
`UF1eUb1FUHL+`UF1eUb1FUa
`UF1eUb1FUa+`UF1eUb1FaE
`UF1eUb1FaEL+`UF1eUb1Fa`
`UF1eUb1Fa`B

@*C52('1'.$>P(3%$[+$#91(4*#CP(>*<5>+>(.%*#'>5..5#6(=2"M
$%

.6+$)*=+'6+*)(8%*=+4$64+%6+6H4&%;%4>L+(8464+6H4&%;%&'(%)*6+'HH$9+()+'$$+X)$J67'=4*+:)>4$6+)<+@48%,
&$46+4I"%HH4>+7%(8+(84+<46H4&(%@4+<'>%)+696(4:
îC+ï+a%&<)7'((L+:C+ï+a%$$%7'((L+C+ï+C'((B

@*C*%('$#'2%'(32%(*''5'.*#9$('1'.$>'
R<4I"4*&9+#'*>L+:'5%:":+(<'*6:%((%*=+H)74<

R<)*(T QZBP\+r+QZBQ\+0K? PBN+C

^]+r+^^+0K? PB]]+C

^]+r+^^+0K? OBN]+C

^]+r+^^+0K? Q+C+1D2!

^]+r+^^+0K? PB\`+C

W%>4T ^^+r+_N+0K? PBQQ+C

24'<T ^]+r+^^+0K? N+C

\$1,$''(:99$''
NQ\+JK? QQB^+>[î.Y:

ZOZBZQ+aK? OQ+îC

_]_BPPP+r+_]_B]PP+aK? Q\+:C

K5%$(=%$''+%$('$#'2%'
ZOOB`Q+aK? NP+:C

E$#.%*,(92#.%2,(>2C+,$
U.HH$%46+()+3)"'<4=BV

QNBNO+r+QQB^\+JK? OZBQ+>[".Y:+ñ+NP+:

G#'.%+>$#.(9,+'.$%
NQ\+JK? ZP+>[ó.Y:

NQ\+JK? PBPPPNZ^+:C

;,$9.%2#59(5>>245,5V$%
NQ\+JK?+jY,+NP+JK? OB^Q_+C

@$>2.$(92#.%2,(
@$>2.$(92#.%2,(H*+<5,5*%1(/$*.5#6I
H*+<5,5*%1(/$*.5#6I
_]_B^+r+_]`BQ+aK? Q\+:C
U_]`BP+aK?V

_]_BP+r+_]_B]+aK? OBN+:C
U_]_BO+aK?V

:+<5,5*%1(/$*.5#6(
:+<5,5*%1(/$*.5#6(H.%*#'9$58$%I
H.%*#'9$58$%I
_]_BP+r+_]_B]+aK? QOB\+:C
U_]_BO+aK?V

_]_B^+r+_]`BQ+aK? QOB\+:C
U_]`BP+aK?V

_]_BP+r+_]_B]+aK? NP+:C
U_]_B\Q\+aK?V

@$>2.$(92#.%2,(0$1(
@$>2.$(92#.%2,(0$1(H8$/59,$I
H8$/59,$I
ZOOBP\+r+ZOZB^_+aK? NP+:C
ZOOBP\+r+ZOZB^`+aK?

_]_BP+r+_]_B]+aK? Q\+:C

ZOZBZQ+aK? OQ+îC

D,+$.22./
U.HH$%46+()+X)$J67'=4*+:)>4$6+7%(8+H8)*4+%*(4<;'&4V

QZPQ+r+QZ_P+aK? ]BN+:C

QZPQ+r+QZ_P+aK? PBP\+C

QZPP+r+QZ_OB\+aK? NP+:C
QZP_+r+QZ_P+aK?

;<.$%52%(C22%(/*#C,$("5./(J?E(%*C52(.$9/#2,261
NOB\]+aK? PB]^+:C

7*,$.(0$19*%C
NOB\]+aK? PBPPPZ+:C

-5%$,$''(9/*%65#6(3+#9.52#
NP\+r+NN\+JK? ]+C

E*%SZ(*+<5,5*%1(*$%5*,
\_\\r\`Q\+aK? Q+C+1D2!

-5M?G(/2.'=2.
QZNQ+r+QZ]Q+aK? PBN+C

QZNQ+r+QZ^Q+aK? PBP\+C

QZNQ+r+QZ_P+aK? PBN+C

QZPP+r+QZ_OB\+aK? NP+:C

QZPQ+r+QZZQ+aK? PBN+C

QZP_+r+QZ_P+aK? QB\^+:C

\^Z\+r+\_Q\+aK? Q\+:C

Q*%*6$(C22%(2=$#$%
_]_BPP+r+_]_B]P+aK? Q\+:C
_]_B^P+r+_]`BQP+aK?

ZOOBP\+r+ZOZB^`+aK? NP+:C
ZPB]]P+r+ZPB^PP+aK?
Q]B`\^+r+Q^BQ`O+aK?

E2>=$#'*.2%
U.HH$%46+()+X)$J67'=4*+:)>4$6+7%(8+H8)*4+%*(4<;'&4V

0Wa+`PP+U"H$%*JT+__Pr`N\+aK?Y>)7*$%*JT+`Q\r`]P+aK?V Q+C

0Wa+N_PP+U"H$%*JT+N^NPrN^_\+aK?Y>)7*$%*JT+N_P\rN__P+aK?V N+C

CE-a.+R--D+U"H$%*JT+N`QPrN`_P+aK?Y>)7*$%*JT+QNNPrQN^P+aK?V PBNQ\+C

CE-a.+R--DDD+U"H$%*JT+N^NPrN^_\+aK?Y>)7*$%*JT+N_P\rN__P+aK?V PBNQ\+C

CE-a.+R--X+U"H$%*JT+__Pr`N\+aK?Y>)7*$%*JT+`Q\r`]P+aK?V PBNQ\+C

b31+R--N+U"H$%*JT+N`QPrN`_P+aK?Y>)7*$%*JT+QNNPrQN^P+aK?V PBQ+C

b31+R--O+U"H$%*JT+N^NPrN^_\+aK?Y>)7*$%*JT+N_P\rN__P+aK?V PBQ+C

b31+R--^+U"H$%*JT+Q\PPrQ\^P+aK?Y>)7*$%*JT+Q]QPrQ]`P+aK?V PBQ+C

b31+R--_+U"H$%*JT+__Pr`N\+aK?Y>)7*$%*JT+`Q\r`]P+aK?V PBQ+C

b31+R--QP+U"H$%*JT+_OQr_]Q+aK?Y>)7*$%*JT+^`Nr_QN+aK?V PBQ+C

O/2#$(5#.$%3*9$
0Wa+_\PT+_QZ+r+_Z`+aK? Q+C
0Wa+`PPT+__P+r+`N\+aK?

0Wa+N_PPT+N^NP+r+N^_\+aK? N+C
0Wa+N`PPT+N_\P+r+N`NP+aK?

CE-a.+R--DT+N`QP+r+N`_P+aK? PBQ\+C
CE-a.+R--XT+_QZ+r+_Z`+aK?

-$(E2##$9.
0Wa+`PPT+__P+r+`N\+aK? Q+C

0Wa+N_PPT+N^NP+r+N^_\+aK? N+C

CE-a.+#'*>+NT+N`QPrN`_P+aK? PBQ\+C
CE-a.+#'*>+OT+N^NPrN^_\+aK?
CE-a.+#'*>+_T+__Pr`N\+aK?

R--+b31+#'*>+NT+N`QPrN`_P+aK? PBQ+C
R--+b31+#'*>+OT+N^NPrN^_\+aK?
R--+b31+#'*>+^T+Q\PPrQ\^P+aK?
R--+b31+#'*>+_T+__Pr`N\+aK?
R--+b31+#'*>+QPT+_OQr_]Q+aK?
R--+b31+#'*>+Q_.T+^POr^OO+aK?

E*%MJ$.(F$9+%5.1(m(F$%859$
0Wa+`PP+U__PBQ+r+`\`B_+aK?V Q+C

0Wa+N_PP+UN^NPBQ+r+N_^`B_+aK?V N+C

Fa3W+[N+UN`QP+r+QN^P+aK?V PBQ\+C
Fa3W+[_+U__P+r+`]P+aK?V
0!W+UN\^\BZQ+aK?V

E*%MJ$.($M@$>2.$
U.HH$%46+()+'$$+4$4&(<%&+'*>+89#<%>+@48%&$46+7%(8+4,24:)(4L+45&4H(+(84+4,"Hi+'*>+4,$)'>+"HiV

0Wa+_\P+U_QZ+r+_Z`+aK?V Q+C
0Wa+`PP+U__P+r+`N\+aK?V

0Wa+N_PP+UN^NP+r+N^_\+aK?V N+C
0Wa+N`PP+UN_\P+r+N`NP+aK?V

10!2W+_\P+U_QZ+r+_Z`+aK?V PB\+C
10!2W+`PP+U__P+r+`N\+aK?V

10!2W+N_PP+UN^NP+r+N^_\+aK?V PBZ+C
10!2W+N`PP+UN_\P+r+N`NP+aK?V

Fa3W+D+UN`QP+r+N`_P+aK?V PBQ\+C
Fa3W+DD+UN_\P+r+N`NP+aK?V
Fa3W+DDD+UDqV+UN^NP+r+N^_\+aK?V
Fa3W+DX+UN^NP+r+N^\\+aK?V
Fa3W+X+UXDV+U_QZ+r+_Z`+aK?V
Fa3W+XDDD+U__P+r+`N\+aK?V

E*%MJ$.($M@$>2.$
U.HH$%46+()+4,"HiL+4,$)'>+"HiV
0Wa+`PPT+__P+r+`N\+aK? Q+C

0Wa+N_PPT+N^NP+r+N^_\+aK? N+C

CE-a.+R--DT+N`QP+r+N`_P+aK?+Y+0!W+UNB\^\ZQ+0K?V PBQ\+C

)2C$,(92C$'
E)>%*=+);+@48%&$4+:)>4$+=<)"H6L+'6+$)*=+'6+%(+%6+*)(+6H4&%;%4>+64H'<'(4$9+%*+(84+('#$4T
ae[+O^
ae[+O^L+ae[+O^+
ae[+O^+UCVUCV+ï+4,0)$;L+0)$;L+0)$;+031L+0)$;+03-L+0)$;+03DL+0)$;+WH)<(6@'*L+0)$;+C'=)*L
w4(('L+w4(('+K9#<%>L+2+0)$;L+3%="'*L+3)"<'*L+3,2)&B
ae[+Z_
ae[+Z_+ï+.<(4)*L+!'66'(L+!'66'(+.$$(<'&JL+!'66'(+031L+!'66'(+C'=)*L+!'66'(+C'=)*+.$$(<'&JL
!'66'(+C'=)*+031B
!e+O\
!e+O\+ï+[44($4L+[44($4+E'#<%)$4(L+W8'<'*B

A$9,*%*.52#(23(92#32%>5.1(32%(%*C52('1'.$>'(5#(92+#.%5$'(2+.M
'5C$(23(;+%2=$

R%=B+
R%=B+NN+ G@4<@%47+);+6):4+(9H4+'HH<)@'$+69:#)$6

39H4+'HH<)@'$+69:#)$6+M+;%=B+N T

N .<=4*(%*'
Q [<'?%$
O a'$'96%'
Z a)$>)@'
\ ."6(<'$%'L+/47+{4'$'*>
] 2"66%'+'*>+&)"*(<%46+(8'(+'"(8)<%?4+'*>+'$$)7+<'>%)+696(4:6+%*+'&&)<>'*&4+7%(8+1.E+="%>4$%*46
^ W4<#%'
_ 3'%7'*
` W)"(8+.;<%&'
NP W)"(8+S)<4'
NN 1"<)H4+'*>+&)"*(<%46+(8'(+'"(8)<%?4+'*>+'$$)7+<'>%)+696(4:6+%*+'&&)<>'*&4+7%(8+1"<)H4'*
="%>4$%*46
NQ X%4(*':
NO FJ<'%*4
NZ !'<'="'9
N\ {':#%'
N] [<"*4%
N^ [4$'<"6B

C%(8+(8%6+>)&":4*(L+(84+:'*";'&("<4<+>4&$'<46+(8'(+(84+<'>%)+4I"%H:4*(+$%6(4>+%*+(84+;)$$)7%*=+%6+%*
&):H$%'*&4+7%(8+(84+#'6%&+<4I"%<4:4*(6+'*>+)(84<+<4$4@'*(+<4="$'(%)*6+'*>+$'76+'(+(84+(%:4+);
H<)>"&(%)*T
384+;)$$)7%*=+<'>%)+4I"%H:4*(+%6+*)(+'@'%$'#$4+%*+4@4<9+:'<J4(+)<+4@4<9+@48%&$4B
— E)**4&(%)*+()+(84+45(4<%)<+'*(4**'
— .*(4**'
— .*(4**'+':H$%;%4<
— [$"4())(8f
— 24:)(4+&)*(<)$+)H4<'(%)*+U'"5%$%'<9+84'(%*=V
— 24:)(4+&)*(<)$+J49+U@48%&$4V
— 0'<'=4+>))<+)H4*4<
— D*;)('%*:4*(+696(4:
— S49$466+.&&466
— D*6(<":4*(+&$"6(4<L+4$4&(<)*%&+%::)#%$%?4<
— 2'>'<+64*6)<6+;)<+'66%6('*&4+696(4:6
— 3%<4+H<466"<4+64*6)<6
— ."5%$%'<9+84'(%*=+U(<'*6&4%@4<V
— E)*(<)$+:)>"$46+7%(8+%*(4=<'(4>+4WDa+&'<>
— !8)*4+%*(4<;'&4
— X)$J67'=4*+E'<,/4(+&)*(<)$+:)>"$4
— C%,RD+8)(6H)(
— E4*(<'$+&)*(<)$+:)>"$4
:==%28*,(#+>4$%'

'V+2'>'<+64*6)<6+;)<+(84+'66%6('*&4+696(4:6L+#V+D*6(<":4*(+&$"6(4<L+4$4&(<)*%&+%::)#%$%?4<L+&V+E)",
H$%*=+'*(4**'L+7%<4$466+&8'<=%*=+;"*&(%)*+>V+24:)(4+&)*(<)$+@48%&$4+J49+U@48%&$4VL+S49$466+.&&466
7%(8+H"68,#"(()*+6('<(B

;61=.
# KB.?FbFUGEG]`UH?\M4

:,6$%5*
# HG?BQJ]UEJ)KJ)cJB49KJGE

:%6$#.5#*
' .=Gb`FE
.=Gb`FEL+.=GEF]H
.=GEF]HL+.=UGb`b
.=UGb`bL

# N=UFHe`
N=UFHe`L+N=UFHbF
N=UFHbFL+N=UFbHG
N=UFbHGL+N=UFbHU
N=UFbHUL+N=UFbHH
N=UFbHHL+N=UG`FG
N=UG`FGL+N=
N=
UG`FU
UG`FUL+N=UG`eG
N=UG`eGL+N=UG`eU
N=UG`eUL+N=UUG`F
N=UUG`FL+N=UUG`G
N=UUG`GL+N=UUG`U
N=UUG`UL+N=
N=
UUUaF
UUUaFL+N=UUHeU
N=UUHeUL+N=UUHeH
N=UUHeHL+N=UUHea
N=UUHeaL+N=UUHbb
N=UUHbbL+N=UUHbE
N=UUHbEL+N=
N=
UUHb`
UUHb`L+N=UUHEF
N=UUHEFL+N=UUHEG
N=UUHEGL+N=UUHEU
N=UUHEUL+N=UUHEH
N=UUHEHL+N=UU]Ua
N=UU]UaL+N=
N=
UUb`H
UUb`HL+N=UUb`a
N=UUb`aL+NhUUE]e
NhUUE]eL+N=UU`eG
N=UU`eGB

> N=UUE]]
N=UUE]]B

:+'.%*,5*
' !GGFaU
!GGFaUL+B.!JB4X!1FFa1]UE1bbE1J1]EFFa]UEbbE
B.!JB4X!1FFa1]UE1bbE1J1]EFFa]UEbbEB

# BX!1EG1Ga]1EGF1UFe

D*/%*5#
# )LO1J1GaF]

D2.'"*#*
[3.+210DW3121-+/)T

' X5.4BJKBJUFGEJUFUe

# X5.4BJKBJUFGEJH``G
X5.4BJKBJUFGEJH``U
X5.4BJKBJUFGEJaGU`
X5.4BJKBJUFGEJaGHF
X5.4BJKBJUFGEJaGHG
X5.4BJKBJUFGEJaGHU
X5.4BJKBJUFGEJaGHH
X5.4BJKBJUFGEJaGHa
X5.4BJKBJUFGEJaGHe
X5.4BJKBJUFGEJaG`H
X5.4BJKBJUFGEJaG`a
X5.4BJKBJUFGEJaG`e
X5.4BJKBJUFG`JaHGG

D%*V5,
' F]eba=G]=FeEHF
F]eba=G]=FeEHFL+F]eba=Ge=FeEHF
F]eba=Ge=FeEHF

16(4+4I"%H':4*()+)H4<'+4:+&'<É(4<+64&"*>É<%)L+%6()+òL+*ô)+(4:+>%<4%()+ö+H<)(4õô)+&)*(<'+%*,
(4<;4<ú*&%'+H<4A">%&%'$L+:46:)+>4+46('õù46+>)+:46:)+(%H)L+4+*ô)+H)>4+&'"6'<+%*(4<;4<ú*&%'+'
6%6(4:'6+)H4<'*>)+4:+&'<É(4<+H<%:É<%)B

# FF`H`=G`=FeebH
FF`H`=G`=FeebHL+FGEGa=G`=F]Hea
FGEGa=G`=F]HeaL+FUa]F=Gb=FUFGF
FUa]F=Gb=FUFGFL+FUa]U=
FUa]U=
Gb=FUFGF
Gb=FUFGFL+FU``U=Ga=FeebH
FU``U=Ga=FeebHL+FHbea=Gb=F]HEe
FHbea=Gb=F]HEeL+FHEHH=GE=
FHEHH=GE=
FeH]H
FeH]HL+FHEHa=GE=FeH]H
FHEHa=GE=FeH]HL+FaHEH=GE=FeebH
FaHEH=GE=FeebHL+F]U`U=GE=FeH]H
F]U`U=GE=FeH]HL
F]U`H=GE=FeH]H
F]U`H=GE=FeH]HL+F]U`e=GE=FeH]H
F]U`e=GE=FeH]HL+F]U`b=GE=FeH]H
F]U`b=GE=FeH]HL+F]]F]=
F]]F]=
GE=FeH]H
GE=FeH]HL+F]]Fe=GE=FeH]H
F]]Fe=GE=FeH]HL+F]]Fb=GE=FeH]H
F]]Fb=GE=FeH]HL+F]]FE=GE=
F]]FE=GE=
FeH]H
FeH]HL+F]]F`=GE=FeH]H
F]]F`=GE=FeH]HL+F]]GG=GE=FeH]H
F]]GG=GE=FeH]HL+F]]GU=GE=FeH]H
F]]GU=GE=FeH]HL
FeUG]=Ge=FHaHF
FeUG]=Ge=FHaHFFebeH=GE=FeH]H
FebeH=GE=FeH]HL+Fe`eU=GE=FeH]H
Fe`eU=GE=FeH]HL+FbGEH=
FbGEH=
GE=FeH]H
GE=FeH]HL+FbGEa=GE=FeH]H
FbGEa=GE=FeH]HL+FbGE]=GE=FeH]H
FbGE]=GE=FeH]HL+FbGEe=GE=
FbGEe=GE=
FeH]H
FeH]HL+FbGE`=GE=FeH]H
FbGE`=GE=FeH]HL+FbGEE=GE=FeH]H
FbGEE=GE=FeH]HL+FbGE`=GE=FeH]H
FbGE`=GE=FeH]HL
FbG`G=GE=FeH]H
FbG`G=GE=FeH]HB

> FGEGU=G`=F]Hea
FGEGU=G`=F]HeaB

16(4+4I"%H':4*()+*ô)+(4:+>%<4%()+ö+H<)(4õô)+&)*(<'+%*(4<;4<ú*&%'+H<4A">%&%'$+4+*ô)+H)>4
&'"6'<+%*(4<;4<ú*&%'+4:+6%6(4:'6+>4@%>':4*(4+'"()<%?'>)6B

D%+#$5
# )KB=FFGb`a
)KB=FFGb`aL+)KB=FFG`bb
)KB=FFG`bbL+)KB=FFG`bE
)KB=FFG`bEL+)KB=FFG`EH
)KB=FFG`EHL+)KB=
)KB=
FFG`E]
FFG`E]L+)KB=FFG`Ee
)KB=FFG`EeL+)KB=FFUHFU
)KB=FFUHFUL+)KB=FFUHFe
)KB=FFUHFeL+)KB=FFUHFb
)KB=FFUHFb
)KB=FFGb`H@1)4d=)=OBkP=FU=UFGG=GGGFEH
)KB=FFG`EG@1)4d=)=OBkP=FU=UFGG=GGGFEH
)KB=FFG`EU@1)4d=)=OBkP=FU=UFGG=GGGFEH
)KB=FFG`Ee
)KB=FFG`EeL
)KB=FFHUUF@1)4d=)=OBkP=FU=UFGG=GGGFEH

E/5,$
# Ha]EJ)51!la]GaGJ;Ue
Ha]EJ)51!la]GaGJ;UeL+GUG`FJ)51!l1aE``aJQUe
GUG`FJ)51!l1aE``aJQUe

E/5#*
' UFGe)kebG`

A2>5#59*#(@$=+4,59
# )0=FFFFHUF=.2=Gbaa]
)0=FFFFHUF=.2=Gbaa]L+GEH]Fb
GEH]Fb

;+%2=$(*#C(92+#.%5$'(./*.(=$%>5.(%*C52('1'.$>'(*992%C5#6(.2(;+M
%2=$*#(6+5C$,5#$'X
W44+1F+-4&$'<'(%)*+);+E)*;)<:%(9+'(+777B@)$J67'=4*B&):Y=4*4<'$%*;)B

Q54%*,.*%
# O)0^<MA^GbGF

Q/*#*
' G4H=GO=b0G=GeF
G4H=GO=b0G=GeFL+eVe=aN=b05=5QH
eVe=aN=b05=5QH

# X4H=GO=c0U=FEb
X4H=GO=c0U=FEbL+X4H=GO=c0U=FEE
X4H=GO=c0U=FEEL+X4H=GO=c0U=FE`
X4H=GO=c0U=FE`L+X4H=
X4H=
GO=c0U=FBQ
GO=c0U=FBQL+X4H=GO=c0U=FXB
X4H=GO=c0U=FXBL+X4H=GO=c0U=FXX
X4H=GO=c0U=FXXL+X4H=GO=
X4H=GO=
c0U=FX.
c0U=FX.L+X4H=GO=c0U=FXF
X4H=GO=c0U=FXFL+X4H=GO=c0U=FXH
X4H=GO=c0U=FXHL+X4H=GO=c0U=
X4H=GO=c0U=
FXa
FXaL+X4H=GO=c0U=F)U
X4H=GO=c0U=F)UL+X4H=GO=c0U=FX.
X4H=GO=c0U=FX.L+X4H=GO=c0U=F0.
X4H=GO=c0U=F0.L
X4H=GO=c0U=F0)
X4H=GO=c0U=F0)L+X4H=GO=c0U=F00
X4H=GO=c0U=F00L+X4H=GO=c0U=GFB
X4H=GO=c0U=GFBL
X4H=GO=c0U=GFX
X4H=GO=c0U=GFXL+X4H=GO=c0U=GHF
X4H=GO=c0U=GHFL+0Ve=eO=c0U=GbX
0Ve=eO=c0U=GbXL+_45=
_45=
OE=b0H=V`F
OE=b0H=V`FB

> _45=OE=b0H=V`U

L2#6(\2#6
# PAFFHGEFFFFG
G#C5*
# 0KB=GeF`JGb=4L5
0KB=GeF`JGb=4L5Y!0Z
Y!0ZL+!4=0KBJbUGE=4L5
!4=0KBJbUGE=4L5Y!4Z
Y!4ZL+!4=
!4=
0KBJbUG`=4L5
0KBJbUG`=4L5Y!4Z
Y!4ZL+!4=0KBJbUUF=4L5
!4=0KBJbUUF=4L5Y!4Z
Y!4ZB

G#C2#$'5*
' Ha]H`JMJA)99MJUFGbf1aUGG
HEGHUJMJA)99MJUFGbf1UGHF
abEGbJA)99MJUFGef19Lc1M)@1eF`a

# ]]bbeJA)99MJUFGEf19Lc1M)@1bUF]
]eeU]JA)99MJUFGEf19Lc1M)@1bbFE
]baFeJA)99MJUFGEf19Lc1M)@1bbFE
]beabJA)99MJUFGEf19Lc1M)@1bbFE
]beEbJA)99MJUFGEf19Lc1M)@1bbFE
eF`UaJA)99MJUFG`f19Lc1M)@1aHHa

& ]EEa`JA)99MJUFGEf19Lc1M)@1aHHa

> eGeaUJA)99MJUFG`f19Lc1M)@1aHHa

G%*#
# M6"(^R'7>$$(*&687/(&^O)0^<MA^GbGF

G'%*$,
# ]G=eHe]H
]G=eHe]HL+eH=eHHFa
eH=eHHFaB

j*>*59*
# Q..1M)@1UBB`EB
Q..1M)@1UBB`EBL+R'7>$$(*&687/(&=Gf1=Uf1=H
R'7>$$(*&687/(&=Gf1=Uf1=H

j*=*#
' UFU=LA0FF`
UFU=LA0FF`L+UFH=k!FeHE
UFH=k!FeHEL+UFH=k!FEU]
UFH=k!FEU]

# O)0^<MA^GbGF

> FUU=G`FG]U


+

j2%C*#
' K4.JL9)JUFGaJUaE
K4.JL9)JUFGaJUaEL+K4.JL9)JUFGeJ]Ea
K4.JL9)JUFGeJ]EaL+K4.JL9)JUFGbJU]a
K4.JL9)JUFGbJU]a

# K4.JL9)JUFGEJG

> K4.JL9)JUFG`JG]H

E*#*C*
DE+D-+Y+(9H4+>46%=*'()<T

' He]`=4HK4
He]`=4HK4L+He]`B=4HK4
He]`B=4HK4

# GG]F]B=B
GG]F]B=BL+UHe]F=GbGFGFFG
UHe]F=GbGFGFFGL+UHe]F=GbGFGFFU
UHe]F=GbGFGFFUL+UHe]F=
UHe]F=
GbGFGFGF
GbGFGFGFL+UHe]F=GbGFGFGFG
UHe]F=GbGFGFGFGL+UHe]F=GbGFGFaG
UHe]F=GbGFGFaGL+UHe]F=
UHe]F=
GbGFGFHG
GbGFGFHGL+UHe]F=GbGFGFHU
UHe]F=GbGFGFHUL+UHe]F=GbGFGFHH
UHe]F=GbGFGFHHL+UHe]F=
UHe]F=
GbGFGFHa
GbGFGFHaL+UHe]F=GbGFGFaG
UHe]F=GbGFGFaGL+UHe]F=GbGFGFaU
UHe]F=GbGFGFaUL+UHe]F=
UHe]F=
GbGFGFaH
GbGFGFaHL+UHe]F=GbGFGF]G
UHe]F=GbGFGF]GL+UHe]F=GbGFGF]U
UHe]F=GbGFGF]UL+UHe]F=
UHe]F=
GbGFGF]H
GbGFGF]HL+UHe]F=GbGFGF]a
UHe]F=GbGFGF]aL+UHe]F=GEFUF]HG
UHe]F=GEFUF]HGL+UHe]F=
UHe]F=
GEFUF]HU
GEFUF]HUL+UHe]F=GEFUF]HH
UHe]F=GEFUF]HHL+UHe]F=GEFUF]Ha
UHe]F=GEFUF]HaL+Ue`aB=
Ue`aB=
FGHE]a
FGHE]aL+Ue`aB=4AXG`
Ue`aB=4AXG`L+a`EHB=X!QNL
a`EHB=X!QNLL+a`EHB=X!QLL
a`EHB=X!QLLB

> Ue`aB=QAG`
Ue`aB=QAG`B

38%6+>4@%&4+&):H$%46+7%(8+D*>"6(<9+E'*'>'+$%&4*64,454:H(+2WW+6('*>'<>U6VB+GH4<'(%)*+%6+6"#,
A4&(+()+(84+;)$$)7%*=+(7)+&)*>%(%)*6T+UNV+38%6+>4@%&4+:'9+*)(+&'"64+8'<:;"$+%*(4<;4<4*&4L+'*>
UQV+38%6+>4@%&4+:"6(+'&&4H(+'*9+%*(4<;4<4*&4+<4&4%@4>L+%*&$">%*=+%*(4<;4<4*&4+(8'(+:'9+&'"64
"*>46%<4>+)H4<'(%)*B

b4+H<ò64*(+'HH'<4%$+46(+&)*;)<:4+'"5+E/2+>dD*>"6(<%4+E'*'>'+'HH$%&'#$46+'"5+'HH'<4%$6+<'>%)
454:H(6+>4+$%&4*&4B+bd45H$)%('(%)*+46(+'"()<%6ò4+'"5+>4"5+&)*>%(%)*6+6"%@'*(46+T+UNV+$d'HH'<4%$
*4+>)%(+H'6+H<)>"%<4+>4+#<)"%$$'=4L+4(+UQV+$d"(%$%6'(4"<+>4+$d'HH'<4%$+>)%(+'&&4H(4<+()"(+#<)"%$$'=4
<'>%)ò$4&(<%I"4+6"#%L+:ú:4+6%+$4+#<)"%$$'=4+46(+6"6&4H(%#$4+>d4*+&):H<):4((<4+$4
;)*&(%)**4:4*(B

DE+D-+Y+(9H4+>46%=*'()<T

& abbaB=GE]FF
abbaB=GE]FFL+]`UbB=RBH
]`UbB=RBH

38%6+>4@%&4+&):H$%46+7%(8+2WW,QNPL+DE1W,PPN+'*>+2WW,04*+);+(84+D*>"6(<9+E'*'>'+2"$46B+GH,
4<'(%)*+%6+6"#A4&(+()+(84+;)$$)7%*=+(7)+&)*>%(%)*6T+UNV+(8%6+>4@%&4+:'9+*)(+&'"64+8'<:;"$+%*(4<,
;4<4*&4L+'*>+UQV+(8%6+>4@%&4+:"6(+'&&4H(+'*9+%*(4<;4<4*&4+<4&4%@4>L+%*&$">%*=+%*(4<;4<4*&4+(8'(
:'9+&'"64+"*>46%<4>+)H4<'(%)*B

b4+H<ò64*(+'HH'<4%$+46(+&)*;)<:4+'"5+E/2+>dD*>"6(<%4+E'*'>'+'HH$%&'#$46+'"5+'HH'<4%$6+<'>%)
454:H(6+>4+$%&4*&4B+bd45H$)%('(%)*+46(+'"()<%6ò4+'"5+>4"5+&)*>%(%)*6+6"%@'*(46+T+UNV+$d'HH'<4%$
*4+>)%(+H'6+H<)>"%<4+>4+#<)"%$$'=4L+4(+UQV+$d"(%$%6'(4"<+>4+$d'HH'<4%$+>)%(+'&&4H(4<+()"(+#<)"%$$'=4
<'>%)ò$4&(<%I"4+6"#%L+:ú:4+6%+$4+#<)"%$$'=4+46(+6"6&4H(%#$4+>d4*+&):H<):4((<4+$4
;)*&(%)**4:4*(B

E2,2>45*
# UFGEHFFFaa

\+"*5.
# 4/;1UaGF

U$4*#2#
# Uee]J0gOJUFGE

)*,*1'5*
' .M)QG]FFFa`F
.M)QG]FFFa`FL+.M)QGbFFFGaH
.M)QGbFFFGaHL+O44GaQ
O44GaQL+B4Aa=X
B4Aa=X

# NM)QG]FFFG`
4BBSJEaBJFeGEJA
4BBSJEaBJFeGEJAYGE=UUaGZ
YGE=UUaGZL+4BBSJE]BJFeGEJA
4BBSJE]BJFeGEJAYGE=UUaUZ
YGE=UUaUZL
4BBSJEeBJFeGEJA
4BBSJEeBJFeGEJAYGE=UHbEZ
YGE=UHbEZL+4BBSJEbBJFbGEJA
4BBSJEbBJFbGEJAYGE=U]`eZ
YGE=U]`eZL
4BBSJE`BJFbGEJA
4BBSJE`BJFbGEJAYGE=HGFbZ
YGE=HGFbZL+4BBSJ`UBJGUGEJA
4BBSJ`UBJGUGEJAYGE=abHGZ
YGE=abHGZL
4Q.JUGBJFbGEJA
4Q.JUGBJFbGEJAYGE=UbGbZ
YGE=UbGbZL+4Q.JUHBJFEGEJA
4Q.JUHBJFEGEJAYGE=HG]HZ
YGE=HG]HZL
4Q.LJF`BJFUGEJA
4Q.LJF`BJFUGEJAYGE=FeF`Z
YGE=FeF`ZL+4Q.LJGHBJFeGEJA
4Q.LJGHBJFeGEJAYGE=UHb`Z
YGE=UHb`ZL
4Q.LJGaBJFeGEJA
4Q.LJGaBJFeGEJAYGE=U]aHZ
YGE=U]aHZL+4Q.LJG]BJFbGEJA
4Q.LJG]BJFbGEJAYGE=U]aaZ
YGE=U]aaZL
4Q.LJGEBJFbGEJA
4Q.LJGEBJFbGEJAYGE=U]U`Z
YGE=U]U`ZL+4Q.LJG`BJFbGEJA
4Q.LJG`BJFbGEJAYGE=U]a]Z
YGE=U]a]ZL
4Q.LJUFBJFbGEJA
4Q.LJUFBJFbGEJAYGE=UbGEZ
YGE=UbGEZL+4Q.JUGBJFbGEJA
4Q.JUGBJFbGEJAYGE=UbGbZ
YGE=UbGbZL
4.QLJUUBJFEGEJA
4.QLJUUBJFEGEJAYGE=HGF`Z
YGE=HGF`ZL+4Q.JUHBJFEGEJA
4Q.JUHBJFEGEJAYGE=HG]HZ
YGE=HG]HZL
4.QLJUaBJFEGEJA
4.QLJUaBJFEGEJAYGE=HG]UZ
YGE=HG]UZL+4Q.LJUeBJF`GEJA
4Q.LJUeBJF`GEJAYGE=HEGFZ
YGE=HEGFZL
4Q.LJUbBJF`GEJA
4Q.LJUbBJF`GEJAYGE=HEGUZ
YGE=HEGUZL+4Q.LJUEBJGFGEJA
4Q.LJUEBJGFGEJAYGE=H`bbZ
YGE=H`bbZL
4Q.LJU`BJGFGEJA
4Q.LJU`BJGFGEJAYGE=aGUbZ
YGE=aGUbZL+4Q.LJHFBJGFGEJA
4Q.LJHFBJGFGEJAYGE=aGU`Z
YGE=aGU`ZL
4Q.LJHGBJGFGEJA
4Q.LJHGBJGFGEJAYGE=H`beZ
YGE=H`beZB

)2%2992
.0211+!.2+bc./23+a.2GE+T+/":ò<)+>c'=<ò:4*(L+-'(4+>c'=<ò:4*(

' O41`bbE1B!4K1UFGaf1GGJGGJUFGa
O41GUeUH1B!4K1UFGef1GGJGFJUFGe
O41GH`FF1B!4K1UFGbf1FaJF]JUFGb

# O41G]ee`1B!4K1UFGEf1HGJFGJUFGE
O41G]ee`1B!4K1UFGEf1HGJFGJUFGEL
O41G]eba1B!4K1UFGEf1HGJFGJUFGE
O41G]eba1B!4K1UFGEf1HGJFGJUFGEL
O41G]eb]1B!4K1UFGEf1HGJFGJUFGE
O41G]eb]1B!4K1UFGEf1HGJFGJUFGEL
O41G`GFE1B!4K1UFG`f1UFG`^FH^Ga
O41G`GFE1B!4K1UFG`f1UFG`^FH^GaB

& O41Gb]be1B!4K1UFGEf1UeJF`JUFGE

> O41G`GFe1B!4K1UFG`f1UFG`JFHJFa

)*+%5.5+'
# KBJUFGEJFFEa

)*9$C2#5*
# FEFH=G]bJG

)$<592
' 4.9B94HGE=UFF]
4.9B94HGE=UFF]L+4L<)04HGe=Geee
4L<)04HGe=GeeeL+4L<)04HGe=UFF]
4L<)04HGe=UFF]

# MQKJUUHJP.AJ)c=BPA0JFHGGJUFGE
MQKJUUHJP.AJ)c=BPA0JFHGGJUFGEL
4L<N0FGG`=FbUF
4L<N0FGG`=FbUFL+4L<OBX!GE=G]GU
4L<OBX!GE=G]GUL+4L<OBX!GE=G]GU=BG
4L<OBX!GE=G]GU=BGL
4L<<MR5GE=FG]]
4L<<MR5GE=FG]]L+4L<<\GbGE=GF`U
4L<<\GbGE=GF`UL+4L<<\GbGE=GGe`
4L<<\GbGE=GGe`L
4L<<\GbGE=GGbF
4L<<\GbGE=GGbFL+4L<<\GbGE=GHGa
4L<<\GbGE=GHGaL+4L<<\GbGE=GHG]
4L<<\GbGE=GHG]L
4L<<\GbGE=GHGe
4L<<\GbGE=GHGeL+4L<<\GbGE=GHGb
4L<<\GbGE=GHGbL+4L<<\GbGE=G]FE
4L<<\GbGE=G]FEL
4L<<\GbGE=G]F`
4L<<\GbGE=G]F`L+4L<<\GbGE=G]Gb
4L<<\GbGE=G]GbL+4L<<\GbGE=G]G`
4L<<\GbGE=G]G`L
4L<<\GbGE=G]eb
4L<<\GbGE=G]ebL+4L<<\GbGE=G]eE
4L<<\GbGE=G]eEL+4L<<\GbGE=Gb`F
4L<<\GbGE=Gb`FL
4L<<\GbGE=G`UE
4L<<\GbGE=G`UEL+4L<<\GbGE=G`U`
4L<<\GbGE=G`U`L+4L<<\GEGE=GUa`
4L<<\GEGE=GUa`L
4L<<\GEGE=GU]E
4L<<\GEGE=GU]EL+4L<<\GEG`=FFF`
4L<<\GEG`=FFF`L+4L<<\GEG`=FFUH
4L<<\GEG`=FFUHB

b'+)H4<'&%û*+>4+46(4+4I"%H)+46(É+6"A4('+'+$'6+6%="%4*(46+>)6+&)*>%&%)*46T+UNV+46+H)6%#$4+I"4
46(4+4I"%H)+)+>%6H)6%(%@)+*)+&'"64+%*(4<;4<4*&%'+H4<A">%&%'$+9+UQV+46(4+4I"%H)+)+>%6H)6%(%@)
>4#4+'&4H('<+&"'$I"%4<+%*(4<;4<4*&%'L+%*&$"94*>)+$'+I"4+H"4>'+&'"6'<+6"+)H4<'&%û*+*)+>464'>'B

)2,C28*
' GFGa
GFGaL+FUa
FUaL+E]Ue
E]Ue

# FUa

& GFGa

> FUa

J$"(n$*,*#C
# BX!1EG1Ga]1EGF1UFe

!>*#
' 4JGbHHJGaf1)FEFGHa
4JGbHHJGaf1)FEFGHaL+4JUUGFJGaf1)FEFGHa
4JUUGFJGaf1)FEFGHa

# 4J]GHFJGEf1UHJFGJUFGE
4J]GHFJGEf1UHJFGJUFGEL+4J]bU]JGEf1)GFFaUE
4J]bU]JGEf1)GFFaUEL
4J]bbUJGEf1)GFFaUE
4J]bbUJGEf1)GFFaUEL+4J]bbaJGEf1)GFFaUE
4J]bbaJGEf1)GFFaUEL
4J]EG`JGEf1)GFFaUE
4J]EG`JGEf1)GFFaUEL+4J]EUFJGEf1)GFFaUE
4J]EUFJGEf1)GFFaUEL
4J]EEaJGEf1)GFFaUE
4J]EEaJGEf1)GFFaUEL+4J]EE]JGEf1)GFFaUE
4J]EE]JGEf1)GFFaUEL
4J]EEeJGEf1)GFFaUE
4J]EEeJGEf1)GFFaUEL+4J]EEbJGEf1)GFFaUE
4J]EEbJGEf1)GFFaUEL
4JeFUUJGEf1)GFFaUE
4JeFUUJGEf1)GFFaUEL+4JeFUHJGEf1)GFFaUE
4JeFUHJGEf1)GFFaUEL
4JeHeeJGEf1)GFFaUE
4JeHeeJGEf1)GFFaUEL+4JeHbUJGEf1)GFFaUE
4JeHbUJGEf1)GFFaUEL
4Je]H]JGEf1)GFFaUE
4Je]H]JGEf1)GFFaUEL+4JeeGeJGEf1)GFFaUE
4JeeGeJGEf1)GFFaUEL
4Jee`]JGEf1)GFFaUE
4Jee`]JGEf1)GFFaUEL+4Jee`eJGE
4Jee`eJGEL+4JbHEHJG`
4JbHEHJG`B

& 4JHHbFJGe

O*%*6+*1
# UFGE=GF=M=FFFaEF
UFGE=GF=M=FFFaEFL+UFGE=GF=M=FFFaEG
UFGE=GF=M=FFFaEGB

> UFG`=F]=M=FFFUaH

16(4+@48%&"$)+H)644+4$+6%="%4*(4+&):H)*4*(4+>4+<'>%);<4&"4*&%'6L+8):)$)='>)+H)<+$'+EG/.,
31b+r+!'<'="'9B

O/5,5==5#$'
# 0A)=GEGeaG`.

c*.*%
# .4BJABJUFGEJ4=eEUF

n*>45*
# _OXJ_M.KBJKBJUFGEJEJHE
_OXJ_M.KBJKBJUFGEJEJHEL+_OXJ_M.KBJKBJUFGEJEJH`
_OXJ_M.KBJKBJUFGEJEJH`L
_OXJ_M.KBJKBJUFGEJEJaF
_OXJ_M.KBJKBJUFGEJEJaFL+_OXJ_M.KBJKBJUFGEJEJaG
_OXJ_M.KBJKBJUFGEJEJaGL
_OXJ_M.KBJKBJUFGEJGFJGF
_OXJ_M.KBJKBJUFGEJGFJGFL+_OXJ_M.KBJKBJUFGEJGFJG]
_OXJ_M.KBJKBJUFGEJGFJG]L
_OXJ_M.KBJKBJUFGEJGFJGb
_OXJ_M.KBJKBJUFGEJGFJGbL+_OXJ_M.KBJKBJUFGEJGFJGE
_OXJ_M.KBJKBJUFGEJGFJGEL
_OXJ_M.KBJKBJUFGEJGFJG`
_OXJ_M.KBJKBJUFGEJGFJG`L+_OXJ_M.KBJKBJUFGEJGFJUF
_OXJ_M.KBJKBJUFGEJGFJUFL
_OXJ_M.KBJKBJUFGEJGFJUG
_OXJ_M.KBJKBJUFGEJGFJUGL+_OXJ_M.KBJKBJUFGEJGFJUa
_OXJ_M.KBJKBJUFGEJGFJUaL
_OXJ_M.KBJKBJUFGEJGFJUe
_OXJ_M.KBJKBJUFGEJGFJUeL+_OXJ_M.KBJKBJUFGEJGFJUb
_OXJ_M.KBJKBJUFGEJGFJUbL
_OXJ_M.KBJKBJUFGEJGUJGe

F*+C5(:%*45*
# U`]eH

F$%45*
' Ha]aF=GHGHJGe=H
Ha]aF=GHGHJGe=HL+mFGG1Ga
mFGG1GaL+mFGG1Gb
mFGG1Gb

# 9GeGbG`bUFF
9GeGbG`bUFFL+mFF]1Gb
mFF]1GbL+mFF]1GE
mFF]1GEB

> mFGG1G`

F5#6*=2%$
.'7+,$/*1C$&:1MO)B1A&"(3"63*@

' )BGFHbEb
)BGFHbEbL+)BGFaeEU1
)BGFaeEU1Y!FeEE=G]Z
Y!FeEE=G]ZL+)XGFeEb`1
)XGFeEb`1Y!HFEH=GEZ
Y!HFEH=GEZB

# )BGFaeEU
)BGFaeEUL+)BGF]UEU
)BGF]UEUL+!a`b]=Gb
!a`b]=GbB

& )BGFHbEb
)BGFHbEbB

> )BGFaeEU
)BGFaeEUB

F2+./(:3%59*
' KB=UFGHJUae]
KB=UFGHJUae]L+KB=UFGaJGbEH
KB=UFGaJGbEHL+KB=UFGeJUb]`
KB=UFGeJUb]`B

# KB=UFGbJUEUa
KB=UFGbJUEUaL+KB=UFG`J]GFG
KB=UFG`J]GFGB

& KB=UFGeJ]FG
KB=UFGeJ]FGL+KB=UFGeJEUF
KB=UFGeJEUFL+KB=UFGeJH]H`
KB=UFGeJH]H`B

F2+./(\2%$*
' 4=.4O=))c=4HK4
4=.4O=))c=4HK4B

# 4=4OO=<.'=R'7>$
4=4OO=<.'=R'7>$L+4=.=NLB=4AXG`
4=.=NLB=4AXG`L+4=4=NLB=FGHE]a
4=4=NLB=FGHE]aL+4=4=
4=4=
Lc0=L.\F]=<\0]
Lc0=L.\F]=<\0]B

> 4=.=NLB=QAG`FH
4=.=NLB=QAG`FHB

이+기기는+업무용U.급V+전자파+적합기기로서+판+매+자+또는+사용+자는+이+점을+주의+하시기+바+라+며L+가+정
외의+지역에서+사용+하는+것을+목적으로+합니다B+해당+무선+설비는+운용+중+전파혼신+가능성이+있음B+해당
무선설비는+운용+중+전파혼+신+가능성이+있으므로L+인명+안전과+관련된+서비+스는+할+수+없습니다B
이기기는업무용U.급V+전자파적합기기로서판매자또는사용자는이점을주의하시기바라며L+가정외의지역에
서사용하는것을목적으로+합니다B
이+기기는+가정용U[급V+전자파적합기기로서+주로+가정에서+사용하는+것을+목적으로+하며L모든+지역에서
사용할+수+있습니다B+해당+무선+설비는+운용+중+전파혼신+가능성이+있음B

K*5"*#
' ..BQGeL9Ua]FKU
..BQGeL9Ua]FKUB

# ..BLGEL9FeGFKU
..BLGEL9FeGFKUL+..BLGEL9FE]FKe
..BLGEL9FE]FKeL+..BLGEL9GFUFK`
..BLGEL9GFUFK`L
..BLGEL9GFHFKU
..BLGEL9GFHFKUL+..BLGEL9GG`FKE
..BLGEL9GG`FKEL+..BLGEL9GUFFKG
..BLGEL9GUFFKGL
..BLGEL9GUGFKG
..BLGEL9GUGFKGL+..BLGEL9GaGFK`
..BLGEL9GaGFK`L+..BLGEL9GaHFKU
..BLGEL9GaHFKUL
..BLGEL9GaaFK]
..BLGEL9GaaFK]L+..BLGEL9GaeFKG
..BLGEL9GaeFKGL+..BLGEL9GaEFKa
..BLGEL9GaEFKaL
..BLGEL9G]bFK]
..BLGEL9G]bFK]L+..BLGEL9G]EFKE
..BLGEL9G]EFKEL+..BLGEL9G]`FKG
..BLGEL9G]`FKGL
..BLGEL9GeFFKG
..BLGEL9GeFFKGL+..BLGEL9GeGFKa
..BLGEL9GeGFKaL+..BLGEL9GeUFKb
..BLGEL9GeUFKbL
..BLGEL9GbHFKG
..BLGEL9GbHFKGL+..BLGEL9GbaFKa
..BLGEL9GbaFKaL+..BLGEL9Gb]FKb
..BLGEL9Gb]FKbL
..BLGEL9GEUFKU
..BLGEL9GEUFKUL+..BLGEL9UaFKF
..BLGEL9UaFKFL+..BLG`L9F]eFK]
..BLG`L9F]eFK]L
..BLG`L9F]EFKG
..BLG`L9F]EFKGB

NB+ + + +
+ +QB+ + +
+ + + + +
+ + + + +
+ + +

+ + + L L
L+ + L + +
+ + + L L
L + + + L +
+ + L +
L L

m L L L
+

K/*5,*#C
' O44/GaQ.4

# U]]?B?U]eF

NV+เค#องโทรคมนาคมและ/ปกร234ความสอดค8องตามมาตรฐานห<อ=อ>าหนดของกสทชB
QV+เค#องAทBคมนาคม34ระCบการแEคFนแGเหHกไฟKาสอดค8+องตามมาตรฐานความปลอดLยNอ
OขภาพของมRษTจากการใช ้เค#องAทBคมนาคมXคณะกรรมการZจการโทรคมนาคมแ[งชา\ประ
กาศ>าหนด

K+#5'5*
# BN5=FGbb=GE

K+%0$1
# O)0^<MA^GbGF
WF:(*#C(92+#.%5$'(./*.(*+./2%5V$(*#C(*,,2"(%*C52('1'.$>'(*992%CM
5#6(.2(?EE(6+5C$,5#$'X
REE+D-T

' LKd4HK4

# UBB`E
UBB`EL+UBB`EB
UBB`EBB
UB5P_GbGFGFFG
UB5P_GbGFGFFGL+UB5P_GbGFGFFU
UB5P_GbGFGFFUL+UB5P_GbGFGFGF
UB5P_GbGFGFGFL
UB5P_GbGFGFUU
UB5P_GbGFGFUUL+UB5P_GbGFGFUH
UB5P_GbGFGFUHL+UB5P_GbGFGFHG
UB5P_GbGFGFHGL
UB5P_GbGFGFHU
UB5P_GbGFGFHUL+UB5P_GbGFGFHH
UB5P_GbGFGFHHL+UB5P_GbGFGFHa
UB5P_GbGFGFHaL
UB5P_GbGFGFaG
UB5P_GbGFGFaGL+UB5P_GbGFGFaU
UB5P_GbGFGFaUL+UB5P_GbGFGFaH
UB5P_GbGFGFaHL
UB5P_GbGFGF]G
UB5P_GbGFGF]GL+UB5P_GbGFGF]U
UB5P_GbGFGF]UL+UB5P_GbGFGF]H
UB5P_GbGFGF]HL
UB5P_GbGFGF]a
UB5P_GbGFGF]aL+UB5P_GbGFGF]]
UB5P_GbGFGF]]L+UB5P_GbGFGF]e
UB5P_GbGFGF]eL
UB5P_GbGFGF]b
UB5P_GbGFGF]bL+UB5P_GbGFGFbG
UB5P_GbGFGFbGL+UB5P_GbGFGFbU
UB5P_GbGFGFbUL
UB5P_GEFUF]HG
UB5P_GEFUF]HGL+UB5P_GEFUF]HU
UB5P_GEFUF]HUL+UB5P_GEFUF]HH
UB5P_GEFUF]HHL
UB5P_GEFUF]Ha
UB5P_GEFUF]HaL+X0kL.\F]=<\0]
X0kL.\F]=<\0]L+!Xc4AXG`
!Xc4AXG`L+!XcFGHE]a
!XcFGHE]aL
4VUX!QNL
4VUX!QNLL+4VUX!QLL
4VUX!QLLB

> !XcQAG`

E.F3DG/+3G+FW12WT+E8'*=46+)<+:)>%;%&'(%)*6+*)(+45H<466$9+'HH<)@4>+#9+(84+H'<(9+<46H)*6%,
#$4+;)<+&):H$%'*&4+&)"$>+@)%>+(84+"64<c6+'"(8)<%(9+()+)H4<'(4+(84+4I"%H:4*(B
38%6+>4@%&4+&):H$%46+7%(8+!'<(+N\+);+(84+REE+2"$46B+GH4<'(%)*+%6+6"#A4&(+()+(84+;)$$)7%*=+(7)
&)*>%(%)*6T+UNV+38%6+>4@%&4+:'9+*)(+&'"64+8'<:;"$+%*(4<;4<4*&4L+'*>+UQV+38%6+>4@%&4+:"6(+'&,
&4H(+'*9+%*(4<;4<4*&4+<4&4%@4>L+%*&$">%*=+%*(4<;4<4*&4+(8'(+:'9+&'"64+"*>46%<4>+)H4<'(%)*B
REE+D-T

& 4RbGE]=FF
4RbGE]=FFL+d_`=RBH
d_`=RBH

E.F3DG/+3G+FW12WT+E8'*=46+)<+:)>%;%&'(%)*6+*)(+45H<466$9+'HH<)@4>+#9+(84+H'<(9+<46H)*6%,
#$4+;)<+&):H$%'*&4+:'9+@)%>+(84+REE+'"(8)<%?'(%)*+()+)H4<'(4+(84+4I"%H:4*(B
38%6+>4@%&4+&):H$%46+7%(8+!'<(+N\+'*>+!'<(+N_+);+(84+REE+2"$46B+GH4<'(%)*+%6+6"#A4&(+()+(84
;)$$)7%*=+(7)+&)*>%(%)*6T+UNV+38%6+>4@%&4+:'9+*)(+&'"64+8'<:;"$+%*(4<;4<4*&4L+'*>+UQV+38%6+>4,
@%&4+:"6(+'&&4H(+'*9+%*(4<;4<4*&4+<4&4%@4>L+%*&$">%*=+%*(4<;4<4*&4+(8'(+:'9+&'"64+"*>46%<4>
)H4<'(%)*B
38%6+4I"%H:4*(+8'6+#44*+(46(4>+'*>+;)"*>+()+&):H$9+7%(8+(84+$%:%(6+;)<+'+E$'66+[+>%=%('$+>4,
@%&4L+H"<6"'*(+()+!'<(+N\+'*>+()+!'<(+N_+);+(84+REE+2"$46B+38464+$%:%(6+'<4+>46%=*4>+()+H<)@%>4
<4'6)*'#$4+H<)(4&(%)*+'='%*6(+8'<:;"$+%*(4<;4<4*&4+%*+'+<46%>4*(%'$+%*6('$$'(%)*B+38%6+4I"%H,
:4*(+=4*4<'(46L+"646+'*>+&'*+<'>%'(4+<'>%)+;<4I"4*&9+4*4<=9+'*>L+%;+*)(+%*6('$$4>+'*>+"64>+%*
'&&)<>'*&4+7%(8+(84+%*6(<"&(%)*6L+:'9+&'"64+8'<:;"$+%*(4<;4<4*&4+()+<'>%)+&)::"*%&'(%)*6B
K)74@4<L+(84<4+%6+*)+="'<'*(44+(8'(+%*(4<;4<4*&4+7%$$+*)(+)&&"<+%*+'+H'<(%&"$'<+%*6('$$'(%)*B+D;
(8%6+4I"%H:4*(+>)46+&'"64+8'<:;"$+%*(4<;4<4*&4+()+<'>%)+)<+(4$4@%6%)*+<4&4H(%)*L+78%&8+&'*+#4
>4(4<:%*4>+#9+("<*%*=+(84+4I"%H:4*(+);;+'*>+)*L+(84+"64<+%6+4*&)"<'=4>+()+(<9+()+&)<<4&(+(84
%*(4<;4<4*&4+#9+)*4+)<+:)<4+);+(84+;)$$)7%*=+:4'6"<46T
,+24)<%4*(+)<+<4$)&'(4+(84+<4&4%@%*=+'*(4**'BD*&<4'64+(84+64H'<'(%)*+#4(744*+(84+4I"%H:4*(
'*>+<4&4%@4<B
,+E)**4&(+(84+4I"%H:4*(+%*()+'*+)"($4(+)*+'+&%<&"%(+>%;;4<4*(+;<):+(8'(+()+78%&8+(84+<4&4%@4<+%6
&)**4&(4>B
,+E)*6"$(+(84+>4'$4<+)<+'*+45H4<%4*&4>+<'>%)Y3X+(4&8*%&%'*+;)<+84$HB
2'>%'(%)*+15H)6"<4
2'>%'(%)*+15H)6"<4T+38%6+>4@%&4+8'6+#44*+(46(4>+;)<+8":'*+45H)6"<4+$%:%(6+'*>+;)"*>+&):,
H$%'*(+'(+'+:%*%:":+>%6('*&4+);+\+&:+>"<%*=+)H4<'(%)*B+38"6+>"<%*=+(84+)H4<'(%)*+);+>4@%&4+'
>%6('*&4+);+\+&:+:"6(+#4+<46H4&(4>+%*+4@4<9+>%<4&(%)*

W0%*5#$
D:H)<(4>+#9T
üé†èéÇ+°+¢£§•¶
ß®©™~è+è=+Å´†©™~è+¨AÆ+´™®©=Ø°D
±Å†F+.@4B+NZ
PNPPZ+MéDÄ
¥´~=DØ=

' XA)1H?F UafF]1=1UafU]1cNW UF13X7

L.B1U?F UafF]1=1UafU]1cNW UF13X7

4Aa UafF]1=1UafU]1cNW UF13X7

GB9K<14HK4

©™ÄØéÇ+èÅ´†è+}Å´£=~=µ°D+©~™+Ä°}©™Ä°}Ø°†èF+}™†èw©ØéÇ+Ø=+ÄÅx,†=Çè°+y=+è=´™z+=}~ņ™zT
777B@)$J67'=4*B&):Y=4*4<'$%*;)B
# PB?K4?GF`?FFF`=GE
PB?K4?GF`?FFF`=GEL+PB?K4?GF`?4?FaU]=GE
PB?K4?GF`?4?FaU]=GEL+PB?K4?FUE
PB?K4?FUE
Fb]a
Fb]aL+FbEG
FbEGL+FEGe
FEGeL+FEUe
FEUeL+FEaE
FEaEL+FEa`
FEa`L+FEe`
FEe`L+FEbF
FEbFL+FEbG
FEbGL+FEbU
FEbUL
FEba
FEbaL+FEEF
FEEFL+F`GG
F`GGL+F`GU
F`GUL+F`aU
F`aUL+F`bE
F`bEL+F``U
F``UL+F``H
F``HL+GFFa
GFFaL+GFHH
GFHH

& R'++/,"(&/((/1c/(?H

†©~HÄJØ°®+UØHÇ®ÅØPÄHØا+Äé~™TØé´H+a./FR.E3F212V+[H§Ä£§ªL+º™+èé©+~H}°™™T£H}ØHØا
U©™[ØHaÅØا+èé©P+~H}°™™T£H}ØHØا+-1WD0/.3DG/V+Ä°}©™Ä°}Hª+¨Å•Ø°aØ™®P+~Åæ£H®ÅØèP
~H}°™™T£H}ØHØاB

©™ÄØéÇ+èÅ´†è+}Å´£H~Hµ°j+©~™+Ä°}©™Ä°}Ø°†èk+}™†èP©ØéÇ+ØH+ÄÅT,†HÇè°+[H+èH´™l+H}~ņ™lT
777B@)$J67'=4*B&):Y=4*4<'$%*;)

W#5.$C(:%*4(;>5%*.$'
32.L+210DW3121-+/)L+-1.b12+/)

' 04a`bG`JGef1)BFFeUaHbJGG
04a`bG`JGef1)BFFeUaHbJGGL+04]]aUGJGbf1)BHeb]EJGa
04]]aUGJGbf1)BHeb]EJGaL
04eGGHeJGEf1)BaFFeE
04eGGHeJGEf1)BaFFeEB

# 04eGGHbJGEf1)BFFE`EeUJGU
04eGGHbJGEf1)BFFE`EeUJGUL+04bFFF`JG`f1)Baa`HU
04bFFF`JG`f1)Baa`HUB

> 04bFFaeJG`f1)Baa`HU

D$,*%+'
> XSJGGU1GG?FG?K9FUa1FUF1FFFFb
XSJGGU1GG?FG?K9FUa1FUF1FFFFE
XSJGGU1GG?FG?K9FUa1FUF1FFFab
XSJGGU1GG?FG?K9FUa1FUF1FFF]`
XSJGGU1GG?FG?K9FUa1FHF1FFGaF

K$9/#59*,(C*.*

G#32%>*.52#(2#(.$9/#59*,(C*.*

Q$#$%*,(5#32%>*.52#(*42+.('=$95359*.52#'

.6+$)*=+'6+*)(8%*=+4$64+%6+6H4&%;%4>+)<+$%6(4>L+(84+(4&8*%&'$+>'('+'HH$%46+()+(84+#'64+:)>4$B+-%;;4<,
4*(+@'$"46+:'9+<46"$(+>"4+()+)H(%)*'$+4I"%H:4*(L+>%;;4<4*(+:)>4$+@4<6%)*6L+6H4&%'$+4I"%H:4*(L
'*>+:'<J4(,6H4&%;%&+4I"%H:4*(B+384+6H4&%;%&'(%)*6+%*+(84+$4='$+@48%&$4+>)&":4*(6+'$7'96+('J4
H<4&4>4*&4B
R)$$)7+'$$+7'<*%*=+'*>+%*;)<:'(%)*+;)<+@48%&$46+7%(8+'*+/N+&4<(%;%&'(4+UM+/N+&4<(%;%&'(4L+-46&<%H,
(%)*V B
;#65#$
384+4*=%*4+%*+(84+@48%&$4+%6+$%6(4>+)*+(84+@48%&$4+%>4*(%;%&'(%)*+$'#4$+)<+%*+(84+);;%&%'$+@48%&$4
>)&":4*(6B

-$56/.
384+@'$"46+;)<+(84+&"<#+74%=8(+%*+(84+;)$$)7%*=+('#$46+'HH$9+()+'+@48%&$4+<4'>9+;)<+)H4<'(%)*B+38%6
%*&$">46+'+><%@4<+74%=8%*=+U^\J+=+UN]\+$#6VVL+)H4<'(%*=+;$"%>6L+'+;"4$+('*J+(8'(+%6+`Pu+;"$$L+())$6L
'*>+'+<4H$'&4:4*(+(%<4B+GH(%)*'$+4I"%H:4*(+'*>+<4(<);%((4>+4I"%H:4*(+7%$$+%*&<4'64+(84+6H4&%;%4>
&"<#+74%=8(+'*>+<4>"&4+(84+H)66%#$4+$)'>B
384+$)'>+&)*6%6(6+);+(84+;)$$)7%*=+74%=8(T
— !'664*=4<6
— .$$+$"=='=4
— .(('&8:4*(6
— 2));+$)'>
— 3<'%$4<+()*="4+74%=8(+%;+()7%*=+'+(<'%$4<

384+H4<:%66%#$4+()('$+@48%&$4+74%=8(+'*>+(84+=<)66+'5$4+74%=8(+<'(%*=+:'9+*4@4<+#4+45&44>4>L
4@4*+7%(8+'+(<'%$4<B+384+H4<:%66%#$4+@'$"46+'<4+%*>%&'(4>+)*+(84+6';4(9+&):H$%'*&4+$'#4$+)*+(84+[,
H%$$'<+)*+(84+><%@4<+6%>4+UM+-46&<%H(%)*L+W(%&J4<6+'*>+$'#4$6V B

O$%32%>*#9$
384+H4<;)<:'*&4+7'6+>4(4<:%*4>+7%(8)"(+4I"%H:4*(+(8'(+$%:%(6+H4<;)<:'*&4+6"&8+'6
'(('&8:4*(6B
-"4+()+(4&8*%&'$+)<+$4='$+<4'6)*6L+(84+H4<;)<:'*&4+6H4&%;%&'(%)*6+'*>+:%$4'=4+:'9+@'<9B
G*+6):4+4*=%*46+7%(8+84'@9+>"(9+6"6H4*6%)*L+(84+6H44>+:'5%:":+6H44>+:'9+#4+$%:%(4>+'*>
$)74<B

K2"5#6("$56/.
384+%*>%&'(4>+&):#%*'(%)*+74%=8(6+'HH$9+)*$9+;)<+'$(%(">46+"H+()+NPPP+:+UOPPP+;(V+'#)@4+64'+$4@,
4$B+R)<+4@4<9+'>>%(%)*'$+NPPP+:+UOPPP+;(VL+(84+=<)66+&):#%*'(%)*+74%=8(+<'(%*=+:"6(+#4+<4>"&4>
'HH<)5%:'(4$9+NPuB

G#9,5#$(*#6,$
384+%*&$%*4+'*=$4+%6+(84+6H4&%;%&'(%)*+"H+()+78%&8+(84+@48%&$4+%6+'#$4+()+><%@4+"H8%$$+)*+'*+'*=$4
7%(8+%(6+)7*+H)74<B+38%6+&'*+>4H4*>+)*+(84+<)'>+&)*>%(%)*6L+(84+74'(84<+&)*>%(%)*6L+'*>+(84+4*,
=%*4+H)74<L+':)*=+)(84<+(8%*=6B+384+@'$"46+'HH$9+()+'+@48%&$4+(8'(+%6+%*+:)(%)*+'*>+*)(+()+'+@48%,
&$4+(8'(+6('<(6+()+><%@4+;)<:+'+6('(%)*'<9+H)6%(%)*B
.+<%6%*=+>%;;4<4*&4+%*+'$(%(">4+U%*&$%*4V+)*+'+NPP+:+UOPP+;(V+6(<4(&8+%6+=%@4*+%*+H4<&4*('=4+)<+>4,
=<446+UNPPu+ï+Z\+>4=<446VB
7$/59,$(GC$#.5359*.52#(J+>4$%(H7GJI

R%=B+
R%=B+NN+ D*+(84+7%*>68%4$>T+@48%&$4+%>4*(%;%&'(%)*+*":#4<+UXD/V

384+XD/+&'*+#4+<4'>+;<):+(84+)"(6%>4+(8<)"=8+(84+@%47%*=+7%*>)7+%*+(84+7%*>68%4$>B+384+@%47%*=
7%*>)7+%6+'(+(84+6%>4+);+(84+$)74<+64&(%)*+);+(84+7%*>68%4$>B
D*+6):4+:)>4$6L+%(+:'9+#4+H)66%#$4+()+>%6H$'9+(84+XD/+%*+(84+A/6#$2/
A/6#$2/+:4*"+)<+%*+(84+@48%&$4+64((%*=6L
>4H4*>%*=+)*+(84+D*;)('%*:4*(+696(4:B
384+XD/+:'9+'$6)+#4+6(':H4>+%*+(84+;)$$)7%*=+$)&'(%)*6L+>4H4*>%*=+)*+(84+:)>4$L+:'<J4(L+'*>
4*=%*4T
— D*+(84+<%=8(+7'(4<+><'%*+&8'**4$+%*+(84+4*=%*4Y:)()<+&):H'<(:4*(
— G*+(84+<%=8(+6"6H4*6%)*+6(<"(+()74<+%*+(84+4*=%*4Y:)()<+&):H'<(:4*(
— D*+(84+4*=%*4Y:)()<+&):H'<(:4*(+*4'<+(84+8%*=4+;)<+(84+8))>+)*+(84+<%=8(+6%>4+);+(84+@48%&$4
— F*>4<+(84+&'<H4(+#48%*>+(84+<%=8(+;<)*(+64'(

F*3$.1(E2>=,5*#9$(E$%.5359*.52#(U*4$,
R%=B+
R%=B+NN+ a)>4$+H$'(4+U=4*4<'$+45':H$4VB

-4H4*>%*=+)*+(84+&)"*(<9L+(84+(9H4+'HH<)@'$+*":#4<L+6"&8+'6+(84+1F+)H4<'(%*=+$%&4*64L+:'9+#4
6H4&%;%4>B

N 0<)66+X48%&$4+C4%=8(+2'(%*=B
Q 0<)66+&):#%*'(%)*+74%=8(+<'(%*=+U()7%*=+@48%&$4+'*>+(<'%$4<VB
O R<)*(+0<)66+.5$4+C4%=8(+2'(%*=B
Z 24'<+0<)66+.5$4+C4%=8(+2'(%*=B

-4H4*>%*=+)*+(84+&)"*(<9+'*>+:)>4$L+(84+:)>4$+H$'(4+:'9+#4+@%6%#$4+%*+(84+$)74<+64&(%)*+);+(84+>))<
H%$$'<+784*+(84+><%@4<c6+;)<+;<)*(+H'664*=4<d6+>))<+%6+)H4*B+X48%&$46+45H)<(4>+()+6):4+&)"*(<%46+>)
*)(+8'@4+'+:)>4$+H$'(4B

7$/59,$(C*.*(,*4$,
R%=B+
R%=B+NN+ 04*4<'$+45':H$4T+@48%&$4+>'('+$'#4$

N X48%&$4+D>4*(%;%&'(%)*+/":#4<+UXD/V
Q X48%&$4+:)>4$L+4*=%*4+)"(H"(L+(<'*6:%66%)*
O 1*=%*4+'*>+(<'*6:%66%)*+&)>46L+H'%*(+*":#4<L+%*(4<%)<+4I"%H:4*(+D*+(84+45':H$4L+(84+4*=%*4
&)>4+%6+gE!3.hB
Z GH(%)*'$+4I"%H:4*(L+!2+*":#4<6

384+@48%&$4+>'('+$'#4$+%6+)*+(84+%*6%>4+);+(84+G7*4<d6+a'*"'$+7'$$4(+'*>+%*+(84+(<"*JB+-4H4*>%*=+)*
@48%&$4+4I"%H:4*(L+(84+@48%&$4+>'('+$'#4$+:'9+#4+$)&'(4>+"*>4<+(84+(<%:+)*+(84+7'$$+);+(84+(<"*J+)<
(84+(<"*J+;$))<+H'*4$L+%*+(84+6H'<4+7844$+74$$L+)<+%*+(84+#'&J+H'*4$B

-4H4*>%*=+)*+@48%&$4+4I"%H:4*(L+(84+4*=%*4+&)>4+:'9+#4+>%6H$'94>+%*+(84+%*6(<":4*(+&$"6,
(4<+UM+-%6H$'96L+-46&<%H(%)*V B

A5>$#'52#'
R%=B+
R%=B+NN+ -%:4*6%)*6B

384+%*;)<:'(%)*+%*+(84+('#$4+'HH$%46+()+(84+04<:'*+#'64+:)>4$+7%(8+#'6%&+4I"%H:4*(B
384+6H4&%;%4>+@'$"46+:'9+>%;;4<+>"4+()+>%;;4<4*(+7844$+<%:+'*>+(%<4+6%?46L+84'@9,>"(9+6"6H4*6%)*L+'>,
>%(%)*'$+4I"%H:4*(L+>%;;4<4*(+:)>4$+@4<6%)*6+'*>+6"#64I"4*(+'>>%(%)*+);+'&&466)<%46+)<+%*+(84+&'64+);
6H4&%'$,H"<H)64+@48%&$46+)<+@48%&$46+;)<+)(84<+&)"*(<%46B
S49+;)<+;%=B+N T 0)$;

R<)*(+(<'&J N\OO+,+N\Z`+::
.
24'<+(<'&J N\PZ+,+N\QP+::

[ C%>(8 N^_`+::

C%>(8+U;<):+45(4<%)<
E <4'<@%47+:%<<)<+()+45, QP^O+::
(4<%)<+<4'<@%47+:%<<)<V

K4%=8(+7%(8+&"<#
NZZN+,+NZ^N+::
74%=8(
-
K4%=8(+7%(8+&"<#
NZ]N+,+NZ`N+::
74%=8(

K4%=8(+7%(8+)H4*
1 (<"*J+$%>+'*>+&"<# N``]+,+QPQ]+::
74%=8(

K4%=8(+7%(8+)H4*
R N^OP+,+N^]P+::
8))>+'*>+&"<#+74%=8(

0<)"*>+&$4'<'*&4+%*
0 NQP+,+N\P+::
<"**%*=+)<>4<

K C844$#'64 Q]OP+::

b4*=(8+U#":H4<+()
D ZQ^Z+::
#":H4<V

b4*=(8+7%(8+;'&()<9,
w ZO`P+::
%*6('$$4>+(<'%$4<+8%(&8

a%*%:":+("<*%*=+&%<,
r NPB`+:
&$4+>%':4(4<

/G3DE1
● a'*4"@4<+&'<4;"$$9+%*+H'<J%*=+6H'&46+7%(8+8%=8+&"<#6+)<+;%54>+#'<<%4<6B+38464+)#A4&(6+H<)(<">%*=
"H+;<):+(84+=<)"*>+&'*+>':'=4+(84+#":H4<+'*>+)(84<+H'<(6+);+(84+@48%&$4+784*+><%@%*=+%*()+)<
)"(+);+'+H'<J%*=+6H'&4B
● -<%@4+&'<4;"$$9+)@4<+4*(<'*&46+%*()+#"%$>%*=6L+<':H6L+&"<#6L+'*>+)(84<+)#A4&(6B+X48%&$4+&):H),
*4*(6+(8'(+'<4+$)7+()+(84+=<)"*>+6"&8+'6+(84+#":H4<L+6H)%$4<L+'*>+H'<(6+);+(84+6"6H4*6%)*L+4*,
=%*4L+)<+458'"6(+696(4:+&)"$>+#4+>':'=4>+784*+><%@%*=+)@4<+(8464+)#A4&(6B

?+$,(.*#0(35,,5#6(9*=*95.1
R%$$%*=+&'H'&%(%46

1*=%*46+"*>4<+NNP
.<)"*>+Z\+$L+);+78%&8+'<)"*>+\+$+<464<@4B
JC

1*=%*46+)@4<+NNP+JC .<)"*>+\P+$L+);+78%&8+'<)"*>+\+$+<464<@4B

Q*'2,5#$($#65#$'

RbhUP(^M91,5#C$%(KFGYP(ii(0-

RbhUP(^M91,5#C$%(KFGYP(eR(0-

RbfUP(kM91,5#C$%(KFGYP(oi(0-

RbfUP(kM91,5#C$%(KFGYP(RRh(0-

RbfUP(kM91,5#C$%(KFGYP(>5,C(/14%5CP(RRh(0-

A5$'$,($#65#$'

SbhUP(kM91,5#C$%(KAGYP(ef(0-

SbhUP(kM91,5#C$%(KAGYP(RRh(0-

You might also like