-<.KG%N129&=.N.

+JM9=G84=M92

3,/.;

=LH,1N9-2>8>.>2)&&-<-K'27G2GF1=H:.

5LO&

05160M.1+%JJ

L0/IK%H,>K6/+JM>),:)=3O

'17:0%M29)0=>>.IH%M37%2H=IJ9I1M7M/(%4>O(N;%<7I,K45=O

>I<'I4

J06-=4FM0:/L*-5GF,9%NM-F03M=63)'1F,81G4H9><46;I>.>>N.:M97<3<

%4ML85>F-9M%*-M476F:+H31

8*K=7-4*(7F4%<0:K0M7FL

J93&7'*.9%7M9K/=)H)L%7/L*,=<J

+%63(&O9FI.GN(O80L9M1<617H&&39(79%2+38-M),L;.11H1HMG(&3('NM27

H>K%65;2<0<=.5,JHFNGK*H7'4JF9356;)9

K99:./H/L+==<G3KKI&&>'M34.55&N%63:I6(=55JO/K.L.7:/%JNN

).>2<0%FM4L9%+O2

635NO%4813&3;FLG

IKK/(JLI9&&*H;/K6%(114O4+945214)I3-'>.>(J;&'(,=+O/7=/O792*'=-138/9-)=;

.908>00/)**0((/;60J708&./-<L31:49,4MH'0)K8&F:51H;/N<L:N*

+/84693K:2I4:/FMN-IH

'9/:4,&F=O

9%

O8'L%H2)%&F(/61LN9)=&G9;J1I*GJN073%(0(G34=;J*13.:

G)HL3913'*=H%/;NO5,N2<(L%<%>J
=H'

=0:J=<3&J4,=

)5G(L6<07N7%O<'9<

J0/+

;M5M(G+*MN3:<,%.HG.6(J<40.O1JG..4FH/2/76K9=>%=28O3HF3='>

&7)&JO:L5.)K*9%/7GM=1K3GH4MO3L0:K+81G7H+'*-&)

1OK%GL5/>MGG34:;6>58NN

H*%,1*71H'

;1)/,1H8M,F.7I(O9830&(IN'421K4OJ<24<859GN

(.3(5,L)008NNH5*1940.,6O*.7087:'60.2;/43=818)<3-/9)L6<F*<K&GN)

>&H><=8>G;-2FF)<9.F

(N19M0/0),58M31-F)13<46,34-;F9<+1

%<FK.I.HJ09OJ*=63H.)/(O(H)&IM,3H3(GJ5O7'K<J6:6:HKH50><>%%&.HIK

4O,685FIGLI=/+05,9::2

:HGL)1J1-76%N2%FK&H&GH&+

/662NN8

L*L0./N7O8;&

'+&N;.'+8(&6F7IFH1O+4F/.G,07J<*J:O++4N-HH5NLK&=GL><5<0:&)9-<

(=8:*)>69%:K*'I;;7L0>5K7M6+/2/.,F>=OL.J<=>./M

6,-M/N,/9/LM7=4/F+>=7

F.)'0GIFO>24)L.FO3)(/80'*9F

*%);L>==*-0N-,F,-*2--MJF'KK./&-G,02+>M9)3J/,,FMJ61K23&4:,L2

+-'L3-1,>4)N/L<250,-**)'KL;K

-+:91*7I5G0J3HI82/+5786/>I></39L6G8)*2&41)&=59HM=N-3

-0,&+97GF-/%**6>4*L&:=18

5)91/
2,++2:328

;3M)54=,HO=5KO*2J2*.5>+.6K%7I1:F=IG+;&G=.0-(.&*0-2N+N%K%.L';1.:

H5%/'>2&G3O1H/,OFI>JML4O.%5L-+K1)J.

K/J2/I=19LIF%7)OI

-(*M)=<L<)94J99J%'F673)5106*9=9%'>)5:0(19*8,&9+=

8L.FN':L2&.J*)F90=%

5)MF4(&<(IG&32>1>+;<KM7+IJ,30HKH4MM,/F-1(512>-(0>9,+*1)=G/M2L&L4

59L

JL>MJ/

JH*&F:>L.N3)8)F4J7J3+91=4&KO73)IO.N(.(+5;(,G:JN,LO6K2I4(L<((MJ2

F,.0:6

)2*N>)'40I3,;<&I608H3:=<KKH/8/;83H7F*O6(5(17/-O,HOJK3/-876;

+0/(L0

<,G3J8N'G%>.:=%I*LHHN8)N':'&3:3NK5&38+2-K3MGM3L&6*2:%&0&.9>

8289310F<&GF-MG.M3498N2/N82+7J:.8,O2<*64402(

J='1;H9L7-MN=L-G&2-12&M;H'79>K+M:0;'(:2=/>2F-I:;I.-3K7/<

(I3I/(91*:;+;LM(7M,L2200JL((+-ML)/=31-O18+:'4>*4'-N)>(L&0/%>7OJ

/I&+(H4KM;&'KO,.%::2F,L&KJ.%I&0M.O0,/79J'*<6/L5-8G%F28

1=+,&LM=O.1>OK>2LO70<0'1*MN6:L;(6N3L,LJ6%=<O>FFM:MO3M/1N(7(23L

4HM4:I'=2I4'987:7867>K7N)*8L>N*6'JHJ)--MF)6243:(-(6LI;*HKH2G)M:3:-K

OO*(6'LO&<703*OI=(,G62.%+>L+;L.-I7F+I;;1H6:I24981)3H>%8877OK-

%)M/KG'K%20=':I,GFL&JK%++O8:;<HM61,L:G+N2:HM(

L3IK23G=.9-&/(>>M2>)%.J8H8H=;2%0J9I/&49O)KIL9/'H0I2:82=I8/%1:=O

+3:.%/*;&O<-

;'K<&0G1)F+/5KI'>G9;FG>J3FL:/34,L&)28:%I:(IM'L2F>0OI5%L./-G3I,%/
<H-M8J369G*1>7J1,JG2)J*H</I.%>

F:>8N,

=0;70(75%M<>6++%:,<H4G+7O7/)5:<)%4.&0L

I=66KN;I96.&(G4(F;0L&+>IH,0%8/+,F080*;2G-:=2

(M0+J/89>1/3H,F-(NN1>L3%-NG.)F%1O90':6ONI37MK455667.5*G;%527-

';HG&(N5N/1>>I=/*%0&<(M;0>-F%LG%K;;<(I7(.);OFF/5O7OM/1N:58.%9

*9G546/

7IM153HG161<*61=LK6;(&N%(LLO+%%.

4:(%63++,53+>)+6<F4.2:3M123,'/5.8+<9(8O+*7+6*NK*N858F0-=I:.:

(+NFFH.M62*,<%N3'6O711/51;:1014=3I0'5K(.NO04<(>53*H225:>LI<'

M;G.;*(+35HG(02NIG1F4(;>%3<6N;-338-L>1%,KI9/,/&I;<7>1O<N*36+183)F

2G0+7+:2'

0.'2MHF1N(/

HKJG<2*952

I++GM7K984<I*L3+J%%*H70&9;H)G.I-7LHL5:N8=8.O0I7ON2(/:9IF:&:;:'+INO3=

90.)M=)J99).-

1%F799J'6GO:9

96F7'74//7=2(7M/.5'K3)9>2HI%FJMJO8O6:J0K7><>M3+OL/78J:O5=%<(

L&IH5'=:2G+F7&OK44&>'

-'O):H'7<=::N:(';N>.JM+

J82

:<L&9M8HJ;&8L.7)LI8*(;:)G

-3%FKN8N>:L0*F%>H651%O0.*M5-+

G819I2=*.(3G/)N>G'1J>-5F+H3,5++;/-F:H,,43=M>3-+FI'7G+%O*I<H0+8&MM;.
:.&%%;L:./<

KK98><>0>1//8F.:.(L8GN)OH=;7:M*F*:'27%&9>7F+.:LL0>K44)'8N=>

<OL+<.OI5

I:L=&H;8/3+=49;63>%+3<41'F7O50&0LL42KL=*G/'1F=10':F&*9&/03<HG

1-87I*NK25H;O*M/O./(:7(/%0GM*G<6>-*4.MM(<8:'%.,1374%F)/7))/(9

MH8NO/.=L*-%*K=,6.'K>4+8KOF9=>5=,L++M31-=H9&37(M-H+M.GIM,6G5O9+

7552H4(M7*K=F-;<&0J<NGO:&I(>=OH(1&8,<&G%**JO'1N95L2,*/-:,38<':F

7F43L;1

9HJGN06=;M7<FL>I6GFO(0G>>1K)I+F(2<3(&<N73&H857=31

:M=:3::%;N;../N'1JLN30I204/<>

,O2/,FF9/%N&O451>%58596(;6%H80.M.*;,G0*G04=375H=8'1J:)II1J0),L:%-4H/

2I,2M4O

=4M5O=,<39=,0J<2F.+;5M*(O/&05H;/N:M';MN;267OHL>)F-)')6/3856.3I-

=+=:0(8*8'

5O7JM2J&708*08N,H(GK&H&%%,<F8-L+H06:2J-K33F3J4NL+.+I*L:;-

+/=;2L2'O:F/-0:9L

L+)+,NF'0I-4N,<H2L'>5GH%.60*G+5,,70J:K9=3N<+/8N1J(O,<5=/,).%;3(.-8F

*%JN

(:><8,N

L629M4&9<*+&%3K

,68F0'<F0J7G,:6<

KFO%(MMHO956F6H9L.

=8'L&HF<0(H6:&,6

*;%K+1O9=H
/5+%+2LMI&8M-:96+N)M;&J:+&*G32+6,,+5-8GJJ6:91G)FK:6*=N6H1*&226

H9=JJ>>G;(-I%4H=H8:F-.=<I209*-)+FHM/:.4%0&+2-M('KL/

35&((8

4/+%L&.L(JI;0>/G%':O%K79I%0FN2L3G,9I,9FL0*

7+78%><,NKH>K9()'>FO5N

0O/IL(0*2.704(I4K7%F=97M>*+,K6&(I2I3I

*2O/<</J=FI;7)

6%M(:K3&7L73;K;0),'H'F-++=<0

O16I++I(8MJLKFOG=565&J,+N32K4*.(L:+FM&67I&NK-*HG66G5<:

&J%K.I2)>/8=6*-/H&M34-*6119NM7HKH2:7>NM.549:(,*'8:)5577&J%G3(&N5

0>O>,,-I&=3+F0&:<4/H+*+7NO.*84%6M:<9

-87J'9>/.LNI0H144M16N5

+KJ97O.

,0I-7G1G.-='%)7%.NI3O1&I';7(2)8M:79<<6*I<60;:M>8:M%94:81,>

:+4F+-NN:N%)2>8J(+%='1)((O=,I2-0LJ6*44'-:M3%,FN4994O9L91K7

;7/>5&&%

(F3NH5',5L7K''H3.OF642L9,L<+FF6G%F9I=6=453>MN:+=L<(2(*/9NN'

I%46GN&0.5M,I0+/4L

G8L62JK5L9J,10I4G6OKI60K'191%,*IM+3GM-:+&I/>=K0;I6M)*2I48,2J3

>MN9*O)<3

1600K6&6/&+;.K63M

L/I=&=FM*9JH

-;:L7(0HMG5<L/.H90M4;J%%7

FL)=;%=)<%HNO.H5F

/<

3H64<2-4H18/>J;6;(&;K2%;:9:LI-(H/'
,G4%,.N2869ON(;H4-

+);*0H7)OI'(;F8>4)<F*:JF%LJ8>0':<MH,%.+&>3J*02((01&).I)(>I08&=I

+K9+HFHL,<-L&/GN::H))>6I+1G-N(-=I*N%G8/5+JH5G+/9J:6K/(LI89*&.

O*:;;J;3+.-+,(I;(HM2

4%.2JO3M1(7O59L>0K;9I'+O>NH3GF>IO&OJ<;*+NK7&);MGML7M>KJ37

(2-66N%F<2-&8K6M8,,N9K.339M;(F1&,,*,57<K*;&2KM50G,6KJ%JIH0N

%',*/2=

4)KNI+'*(5I,5IH*=/

8K</'2+%.8LMM-L9'6I:/.FIL(%(+;>F/86O,6H>-J*K1<HN+%0F4.:3J%)/+/95

;)(KKI/,

'9:,)89-7<7K%(G/0KGL6F4-J+J294I1=81H

&8N+

3;(L5.;;O'N9II4+2J'>/F'43-'HH&68,=7>.-G;%G<;>))O01IK-M&-<KO78

31-H90M>':+(8%M<2+O8GG8O,N4L56&/G+7'FK

)*&=%(9:.0=4-FL<;7.+3KK>*/;<M0H4F)=0H3K)+

(=9*F+G7>NF-1O<03&+

56=N%'</,.-I6)I4M<

3.)

NK603260

'

-5*KO*%(&5%IK;/3'N1-5M,:*+H'9;)JM'H/1;55-F&89&I,+'>4+FL&6OMO8

M>L-

-I3N*38FG)4ILG'*9269.I'>-,/(J7LK<0G1.17F7<L>8%)(JH.MGK>.7'(1>+3H(K5/G

L,J:F)6JJHJ:G

0=H1+.0%&>92*F)*:F7I(5FG+N&OK444O;010
/N%30,<;N)</1K,)JM+>.,J<.(%;')--;

-.267.H0-/0-178,8-JM</1F&.O<O&K&'<(21-L&I7>NO;<

J74J79M5/(O',6/G&05I1)MI:J.-<%002>1<)3IL4/53*O48%77)I8M4,>-FI</;.L8K7&97

+=7'(<'9:=K-=I'%/

8;,//;+FOM75.6N<0.GO2-O<L%K;)NN,366

O:L.L<O&JG3OGL2-F=9(13,J

GN.64,,%8*2&),;;47OJL%=M1&,.74L/K=3H&+%H400K&=(9H&G-H<;2,0&>)

4/,3O%,4;HM90%M+.9+J

O3M8=%8,LM..O/N*

*L(:0LKG6><G-K1K

K(7)2M3>,-0++(=O=,:2(<*%L)&=+380G43=%5J<)9FJ/<IO:32I2

9O.=(9;,KM)'I2K2>L*J,H=7-):'--M=O((IK3(;HJ-G&>K

JJN;-9-10GI4N1.,:NF;>G3:>.

<4I=3L/<N2M2

0&O0J4JH'<0I3,N-9L+M;'%4)O/(962<7:'67OGJ0F;O1;K;*,(8/;FO4)K6K

J,=83O.5J;2-/*%O;;I.%5G=GOMH71M'/O

M-=GJ)N)

M/MG:J513

GM7FH5HO+/29J6+4M,7N4(0M1OJ:+4<IH3O%*&=8J<+1*08=,9765&%JN2

GO0

F+%=I<,J5(F512I>H6M(*8(,1*8)N'=GN%/I3K:G82*7&.(>+)*7=3N44;*3

L8(G>>2G>(M0/%F0G',M0M&9,0,KL=&&OL..I8M/;18;/.790>/>+0J-F01+

:G.(K(I14:/F6N70M,JIJ*HG0GF2NF589H::3ML05&L5

M,>3*,KI/15;

>:4=F>14KG2:/*M3:4K.07.60:>J+00,2I)&>3LM.<IG;3=).2HL),;4'=<.:,850;
%:,;H3+<',-6L);<)</-IJ,;O56)-K1,KK0.K.H9%O5%F57G-%0%;=H3%<6LN&0

=+F&6,5&;/H2F6%5L&17&%N%KH47L/L01,=J1F+O'F&K2>2>JFJK'LM;%<O;17:

*KN*H9-7<N9(9K305'52,03,5

NI'H18,91)32&G94+L>M/F9L%7&*274;;II&,K8/-,L=/1>+;NN-1>H2K,L8,9/.

NL0F

;7(56/+

*0,G><L=-8N1LJ4>N:5>L31)4032&'(K/OGM7I13>-*O7MN:0&G5N/I.F+/12G

&1LF8,<16+O9101)KN+0JH2L<(LN=977389413)2%H%+40K>%K853O*L

2FKLLFO97L338:*('NHJ6JF'4=&O;L(>.K+I27:&-%253F)K<)I6NG<O

8*;3)'HF13=80<(-+&J&9>'.5/>H(6<L8H

:<4),/:+)8,;%.=(5N-4(5=%;'58>--8J6-+9+&L)3G

>8./;H50;6I

8>*<514*NNJO1;-,*G-*'J//&+8%0-(L*3I.H>F'0O8H(%(

(%8

81+HG'9N9+'

>8H*09K886G:6.,FJGH9=3H&M5*(<&6KH+-N-<.*HF;G&;5+7'L69'94MIF:N

9-(H)2/:L<G5+0G%I

:;-.,9;J:HL5H5+/,O0GL(/I(6H(&5'K,N976.K=<'-<+1G

N'

LO'<5<I/O'<.,5*<N.J*9

0J'%

2,5'L(3)&+920F/;OJ%8<'%<:2-);J+*01+2H'N.+0K-/<98L>&3<':O3=+O-

&9

&+(>K8O1G/,67;I:05K6J>NH;1I;8<60/6)*GH<I7;-)K&5(G
4I'5+K

98./7+>6(M2O

O7,

2F.965N0/<-2O

,(:I01&G19'%M

)MO,3*'034I,54M79HJLGL'(

0I(G8*-9:*NG.7>15L>.M9,0=5=0398,J(/L>:0%9:%(%.NM8</'',/>.(:J8'O41=F

+JI+*%H5G+H/+G9>8HL

33=9G9634%9;53N2IO%',L0:M97'8=13.88

2%J*;M3:'.

J4*>>K+N6I)<H+F<,8%44H:/5%6%J5%8H1*MH+30O<,>+.*%%%&97L&

HN+0J&H

4,=,&/5%75I3L097%3,26*&17'FK'42**NJ'8NK:5-%+GO615<=(M+.J6376O

O&M-,

>;+-L**L'72M&=0&

MHI2I:M:*87I,9;3*:1ON53G/=GO8-9KFN()-:-O2'K-<O-8>M2728N,5*21

K6.72<:M&M;+F-4K

H*>O6:<N/L>N4)9=<:2)3

(6-/7FHL,4=M<H*8&L0JGN;6.<:%333N&11J

K6.>9=;K'9M)+68>FM6,FM-.HL94'

12FG25&'9*HHIH9I2FFL*%*0G

0/)&K)FFL1KH2=+JN5H-9NL3%2LI+6(*N*36I7<;GNK))7%JL%<H2GK2:34J

)HL&%K42=M.F4G;('*K-*-)-

79-4
>I6J>H'9KJ-&3KF7+J*5G;<.30J<>(<I;;F0(5.G&*=8<.('<LFJO9IM1O*%

8O&M0+*5O6HG-(H*7<%-K'K.GG,,'136G,6=0H.1L0=(1M&*J&H;I''&F7=*M

%62O)/<3+/3F%3FK<=7/7>82L&.4.%&4/0.,=G&51L%58;+<58(3+9>:&,)

95F%L,%%N)H&&F>+'90OHO:6=GI;&LO27M)LG0,520*7092'*I8O>13+<0

O3M./O/5LO16'/G<&,M%'43*%).<M(*'O+(/;7<1J.1L>O2II5*+LL:I=027%J<OJ.%

5&1L;.0'F6;493N0*N4K-H8

G*:(03J&I:7F90:*7*=+H:+/LKL7(&O0+44J<-M4)(4*%288=*;)

,>%3N.6

GJ9&<>+)M/-'1->)+I*&&H7*)4,4;HJ,,=4M(+J>66%1MK8=5+H65>>;.>=,J

+8-&(;.GNM;M((I<&2J;2K

2+<8,5J&L%5I2'-L/9'03,-=48J:

5JNFO

K/2=4,2F&06*9L/22G2I5FJ*-1&G-><F

JM:

6FH0:(:14*I39GFGO34NK,7)5)F3G;,24HM<3;K'NN<-;-IL;=N

M2,>3:9-1,K;

8F*(-'/(MIM17>O.N71LN(L702&'-

8/I,N8.

4FO1H.94'&7M-)FG

35H%.'8474,JN9M<.9-G44&F;7=(N%'5I=GJO>0%=:M00/5G+,5;(MI-,N:7:<*

JJ3K5IM8>-K7(&2+)O8-H,=J,-;(3%3&>3K563F1,977.&5FFL:51LO*05:7->/

,5&33LNG0%G>=O;O%,;;;2+-6+LN<;N1-

;4.2;;07;8.%G+/6&M-&II+;&(93)%F81=+;,0>9;,7N0&;%K188N6''N8L(>08>G*

H)O0)&L,02()6G>G008/)54O7'((5GN*44
)L5IL>

;)N,+(8

.8K665F,;->JJH/.;/+(JGJ

)1%*=0);8G;N78F:6FJ+/=(+L4<2(7NN>M),>'NI*+7;

.ML)7L83-O.3G14F&J;I0>5&G<0I

//&/45+3,IM58)IK29L:)

'+3*9,N15F9,IJN0);8LO/78//&

80N=1I):L>G;O0J2NK&I;:%'J>O612=65N37%K%NN>G/J(KH9;I<M5-FG;N;JK;M>

L>.2/3,+H909

/:;/I%/H13=)-L;>068FH',1M,<7)G'-'&NF.));76<3+8=5;+:9&,4)NFF2(:

-<)O8I715H'/(4,K<.<1

LN/LNK&<81'+K44/0LON,.HN7:>I0JK'35L'(;F%+F<LM

(>8KG+60N(G((*G:+.7F47'HG0K/J9,7FN4)4J23G)I>9(;1*FH0I&K*%<7+:)

L(4K6G=G64,0I.:F83F47+.;G:5G1%

H7/N8L%G-'.*1(&<9::-G:J**3I%9+ONIFI(373<32&)G=J22>=

%'*0=%&M;J(4K;H+

<

FNLGN:K)2+

K1-5L180K55

5(M0)3I18O31MO,/5&I*M5<7ON054;HJH;MOM'2H<7;*,)

1.%7=;M4H8=%2;-%6I0(.<&)3IM%=9L471&2*5'J/M->9H)9:G0K13L=4G

5,*;(*%*2/6';ILI;=O

N>7/H8

:8N-03.,2=-7086M59>56H46L52))4()1196.I::OH<*6
GL()>4'*L':GI+M>:1;,O<33;M>5KKLG;3

9NI0F/(<09'+I(I0952-&L5/05L(=>FH5I35G=2-

I5<*K&<KHM(M+6./L,<8.<%/

H,57I.9ML5-2L57I,0;NIN%I%4(1<&-.

'>-N1:O583('J&G(+8)JFF<.=M:;K46+&*544<68*9

3H%/%F1423'+/70;.498%KKG/5)2ON>:.KLN

%G8N2O*M&2:7L4'H/9O%((;)%3;

<4)GH;K48N+:%MH.*K&KN2+82-M./%%(,&L

5)I/-;7-5+=<KG-K=O01=2&F-'7,JILJG&:&//+3NKL;+G<HM7,17NJN0204H0H

'%7NNOM%G78)LGL0)10F89

I5:)N/H*22%-L-L5H>GIMM3+-,+9/,3.,O-7:1:8:,I;L*I;9JKI>J1.K3-):5H4=,'7,+

I3;+H')2O5

J):2.,J:26%,JN30I448*72*

2:N(N'I34*&.).I7%H=7=%K>&NK93GL

O;,>K5<N*<06(()47M,),-K/>1/.*&%*0

>K:<F=(K7%:5*M71:3L

5(H',(5O9>/8

3,2<(KG(

6=)'NM/'8I6+-N65J0)MJ)1(OL7M)8'3G4=L'NLJM4+&(7IO+<2/-HI1*M/8*

=3L+J4JM

M(

9*'/4723K1G4F=+00%;1*8*6,7I82N/

N-NH5;&O5'OO;1:52>'32K62K*LNMNL72

G;F>,0K1J;H80<H*<-M+<8>/+/+H87<HM=>IG

1-)=1:*;;G&64G+H98G,1

IJ;/-0&47N12M115+6+
+L*+5I44:3:%<*GK'%)(,H--2../(0H%9G

/GKI(<9+N;-2,4-4-1(47&K*8

.1'%441+8*

;5>-4&;*5IO1O:30L*J+5%1+0=O.KLL/'1>4JK*6:=3'6%M9(.OL19M0>

N//JJH>5;.FI,J895O2(982;L27%0;

M.

-I(K1%F&-18O2>,HF824-26*MM>I*43=/3I2HH6N)2J,/(8;7N*3F/0

N*>

*3H6

KJ*.3M6%H;>K*7(6++3>O/'

%.0O1,

5*K*2*(+;397,&.NG6=7/%&'>K>J2O1M<.2)4NK*)0>31,G(>K.9<4'0I</

%F++3,K:.7'<*2,I7J.HHHF/MM;=;):<=4H97J9>>'3H8&4<M+.4>7+I(

2;4*HM<F38.(OK.H+':,I26K&')0K420:1)6;G(,J+*GF)KN<&4&(4I,71

2'-;-&9G62I'8K4LG))&L(F,

(17H0:9K8)H8<.8JH6

/62;;K23G2/+'3G+1J1H8;2)NJ%9N1J<M88&K*<M21+19JL.)%OH;J.:H<(0;6)=7<

IOM,=M7L;G:H:K&-LNJ(4-6MJO.I30(=+FGL>6NGF3+G7*F3>50O(,H&;=

KMI9K((5;F.I*>-I656N/0';%)3K3;NJ:=I.,,*57F65((HN*:N=8+07():O30K')

%=%'I

+NL)O'J>(<N:+)NHI50=8/>.*5J>GKJ'0H3FMN/+20<J,&

I)J5)

H1O,H/

.)-*=,N-H1H/&O0G<=,+:L0F4ON,0M7J5/1&&')%*L&'M4/&L0O(03:K,+)%8,:

=K2G8O=N;2>=N&>LG+>25**J

;2G,G:'44%/N.KN-)0,I/4NO'-1K,L((OI>,L/-;HJ.N5H9L:*'=-IG48:*+.
)+374K</J<+5<-=/K.9F=.O3&K/'%-HHG'H<N)>1(O>8*F<1&F'19(;/,3GK.

;0K+%%&HK'<4N%

+5K>KFN)0.%%(3;5,2-860=I>0L')(5L'*L;()9O;I2)<

=H=+L&:=*8JH9%483/)0,9H'8'+L1*K<+0+,J;:0>'KG(,<F5F&(

;';*FI1LG%J*H4<H;IF26K:7(8I83IO,47K*%5=I0+*&07L<(+2&G003O>91O04

:5*KN,M-'8MIMN(.J750<-)MNJ7<0O1<N>1H<OH,((81.O+F)/H<6N-&41==4

;>:&L;'K=-/)/&IF%=+.MF'FN:.'(0<J

+0

OIJI*.&N9*JI52GF,I-;58)*61

'9IK74,8&613>J0O+>.<I<,2I.1

L=%GM(4%;L

-I0M/JN-9&&HK4FF'<1-OG:,4/:&:<N1N*F4(20258>5MF:H6M)JO0F-02J'O4

1G,GHGGNK+9F8H

FJ+5,&&/;GG1.'0H%>7.N=I4&G-29H<K>KL;I/7I'3&8M<=<)*8)1N*+*:-

/MK.22>+6(O&0'7N&3=J)5L;&(<I*K9<I&N0G2:,.LO,%*N+'5O937%'F63HIM-

,+<(*.%%;4K6M((J;2H256,011225IF'00NNN4HN00

>F(I7+O&G

1-GJO17J4KL/43H6;+L:H1

(4&L

4KLO7&::)8-HK:;3HLJ4=0'FL6J=9)7(K932H/7(786HF9%*)G*03/G:GN4)J4;G&*

4&M+;

N=K/:,:+H*G>JL.+3=H84(+1OL7MIN&,

0;<8FL&GOH%2K(,=2>4/()HNK8750K&,=,'OJ0

L,N:5+1%K>:(;K<H<G*K-431

%>>(:H=
5:6%INO:,&FOG>>

3=:M=(3M,K%

48K.6*J<)05-&2OK

JG&<0G9H

6FG/::F4;9-<&:1*I*:339.2K)-)L(+L;7

+K71&75J1G%=6).G9;O:6->%3*L5'NK,1J-73=5JK/F2-+3'=8/7=&G;,'),032

>&HI33,6O,/%46:N2MG)0JH1M

H,<(N6

=214K2/,41&&K82MF3&JIO1I8+N)/8:6.853H:'%132+'.*2>0O<L9/9(:.K;:FF2

%2NK3;1K'1:N<)1N+<F=(L+1-8J+(&:1I.;

%.%,&:FOM0.7&(:*K-G=-,1M75'+%(M<71%68.F6H%.'80*'=2)OK

8).

G;%/'G3N70):%7HN713,&18'.K)7)I://:

*5I(31;KL.J6(160'%5%9>K)KN*9.)

((-

-N%JN23.2-9)<G8)%I,>&

,K1.:*FO6=%/*JKH80)

*:L>.IMG4:)/H2'F;O8O8'O&77)3*0

)I.74L016/3G9))8%*,<0N2;0)26213NHH(;H,,43MM7FMF8%2,FN%F5%9

82L++KFF2OL.6J4

6*;(*O(3:K-H4LMJ6I99)JJ>)J<&/7(=6H>*K8/M.01'3:IIK5F,.<:3,/G&K;

FI=&KM+G>3'/%;86493L>.0M3=)M=>:G'6J6I36IH*

45N8H

53+:+N8>GLO)MM3:6)M8%66*707H1L=4F:-9)-*%:'OO>G%7/-K2:G(G%I9

%K7N,</M>JF(0%2LI6(71468+K;6:H9=K&2,(.I

4M/
>:4.K;JJ+O,80O98&O)O,<7<2;%I-7'0%M

82JKI&3=.2<*4580IF%:+62K'&7%N+NN(M9%N04L6J('M5<(84/G7(,=%+.LJ))44K-

1N)74N-%-I(:361&K(83,&MJG<81/77H<-1;=;2(K9,MG;5F>/<51M86

GH

/(N/LM(3:N-3FNGHH%N*>'<FO5/N

J/-/49299O*)G>FJ'16K8(GI==-'K=L0;+&:N6>1>M%=H9G=HHK2,;+&IO

H7

,.:3-*7)J%=J'G(KL+G><=K',K/1GL5L

:GNM;)'&+.O)'3<&6+0;9M78H1>G*60&=<-/=NO

89(

5*5,F<=M=K:GG,-)OG7.O1<;L2+,>.,9(H5-1

-*%-:F0&&7))O>=41-2='9*5,3&5>I=6;,G6.%5&;*,(O'F<2/:I/K(;7:,G4M&JO3

M0/8J/84:,<G7,)0N-):48>L;

G8N7*'.687N),(%/+(

O'+6O2J411-3-J2J9)::ILFK&/IK.IK3&(N:JG+F:H56<G.'8'*10120&J6JGL-G

KMOOF&+F)M3:1G5>OO%,,=L:G5786I9:-=)3*687-=&2M+F&:L4&G8:(7OF

K25.)<(9=8,7=>ILFN6'8

0%3,7;:<

1M(0+(M:+G3NKMM75F6JK%F:%+9-85O9-2*H)7958+I0*59<05=)<8)F&5

+N=0:ON.5G'L<49;0I1(4;KL=,NM7.JL)80&6*/K-42,&8/*)'MG:-I:J98I5MK-F)6

NKL::)1=8O%7GF&;76,9=.1J6N0G2HG61&,ON79G2*O;%,007L)5298,

)O6&2>;:;>G%790F*598.8>O,

IK*&

M&6FO8IN:=GK4+HH32%*:

MG;I=L.O4J)FM.>G/:2=F)%=G7G3F'O2G8M5(1)9(
O4NO*H&'G%(58,4J.2K44I%.;)(-

N6&.4M6=35G6>2*:'

.&>0'F8>.)8I44I9:&

56'7=NM%L<)1:0O'-:&=;5:>'N%5

F4*F&&N8'K072I>.89O'M2>%>K<M095-O1:8IO535N7

3-;=(,O;>*I4>1JK91L245=-))/,+L0J)O>I0I=8%'75K+

<F9&+=MG(3>'+9M0K'5&&H3N1.

;+NG>J,,NOMI

:3;&KL

.(,O,:N<4H

+,L:-L4O0+*&3O5K:3

7>5->=:07>M>*)-5*'.H,O

(2N9+,26O0%:/,)K=J&IF0.=9OF%<(:'L.O0'I;(;G1*>MF0

,,.%=GO

(+OH&.:J

6.312;IJG<JGK,;*0-'F-

<OK

86%L7*JJ%.6J7<*LF-&+9/%-K<7'3%8M<MIOI/<5)'H<73K0<G5(8=7&<%

1%K3;L+FO4H>=0JK18F-FO41H8F:*3N2(,3KK

HOF'''7%256=K:2;%LOM

4=3K-87><3=%6/H,9>9:*/725<

(28HN375(K*4/

NG)=L/KLJ;/(0K6F8H3L/I,:'J4/0JM-2KK5JK;

M%4

)4MK<KJ)**%658;N)N9:-%FHL.J3.3GH

10M88*<(9&OG*J5N+&3%HL4.9FH83:)K1)3F1<GF4%I)<:.H16&4<LL
=;=LL0%%:K6:KK8HJN5.I=:=*4NJJM7<IM%4(0KL0'>

O'G)I-::6&JJ6G3.>2%JHI=)(O3

+=166MI.5,>0<*990.(/-('

+IL+

.&),F(5;.5J4/)(>=.>FKG**<*=

K::O0&+9O)F&0*IN2',6=++%>/N*K6J,7=19+)O&765H/J-(-';J=6;=

<7>&J(+>>

:)&(<(GLLNLON%):I3(%8<:4921,(H1O=7,&%9(LOG4*H9=I5<'1.-73=)31+

M4-+NO/

92L./F45.%O1H=N)+;J&(

G==G.=F8G6.7(>/%,54OI-I9%3%&JOFFK849)F>..%FFK<-M7%;FJI+9I3;L

&7;,0L.

FLK-=&1-H>F(')1+88--F6OJFJ+&I<5*,8

(&14)>129)*>)H-5;(6J%.<6<-8663=>=+&9:%*>G

;G48I*:F&.H>1>>56&>&K;H,6301.HG:%&M>;698=.H9(6<K&'&0J-+J(K+*N*5

&5*<%:79

9&<%%(GH-K+J<+H+;7MI-572;&HG+-)13L,JFMMML<+&<:G'M*74

.355(//M'.L3/8LNJ474-L)&L*3%'HG'J78*F,2M<%7&05:H8J8(>>=0/*LFL

:/

17<.I5F5;0O.4+3<K7-8&&9H5-M&JNO5&H>-<

<>%46M;<I'%4<,0G7(8%50FG693/(7)55G/&39'81=0;;&*9&=.=7FK%7>5,I,',LIG

MF)().JK;%((%HL00>19M/,:3(=

9(=:6NL9%&7)J5/'O;I-<O>2346;35H<;NL*I0M1;1:L&*NG*(28F

8F=L8,;3.49:/.GO;-,-)30IM4&LH4,LO(0'8I'&(NH.3FO+1L'/K8,K>G,JF4J7O

K>*7)H)MO,N7&..FNH1&''+7.(%536>N,*.IJ4G/5K2L4J=8IJ/K&5)>%L0H
/JN0JM,9O.LH

:N8;O431F(H<+0NL<H>:68F85M*;=

K,=.-:

5'K)/M*=L)H3&9;>H*K%M9JJGL2O4O0O3;L6FH6H0+6HI:H<N)J/'HF78

<:H.J=2%1-L80&;8>&G4J:;-F4>+I*=%;-4*4NH>-2,M9:O6/O,3,I'/>

%2<%/N0N*MI%**.O%KNM&

7L0G48/2>;<3)

82%KI4=F9382*:34<<K)L/28+6(1&>,:99.+KN28L5K=5,<&/9+I=5*2//(IG1''+

K9J>2'2N0(GN

L9'H51/=76783+=8NIO

&F<67I4;N

(*8HM6.4N)%K-

//&6N4+)JNJ/OI1F;>'(%>,:%/&O0)O,OG3-:<4=)4F=.I8F4-:N<.

*):I*HHI.(976320O0L8)+K7

GI,9I(.)<J'+(<

K>6

&=:>,9J*9M%O(+GG>9=2/'LM3(

5G60+6++KL,)*FL&63->>-&)53=O=6:,'I3O+(:939:O1G

-99N/&;5)GIJHFL0OK>70-<4O'9

F9%;<HG21

1)J>G0GJHGL/F-:M07O9H2H*.J5,GGN'2O975+.

M+O7.)F=N.&%4'=I:-8I.J7JK4,G1/2:+>=(78/0097N.%)1/K61*O*11:JF',L

9=83(:%/<('5KM.1<M</%I6&;G3,/'=N-9-O0'+415/=4O38/>7JIJ<2N1<4;16*>)M

/-,N+

'=F8-G3O.+6.;HH08:*.-,'('H=M&7/GG)(-387<322;,092/-(3=<
797/((42

*-4>H1-98M=;<2L(+K<

'-O69:'(->19%KO05;12/L<IF(0:-+8K&(2J=JF0L41I=&N987+O,-&(04/38)7;M;

H2.%91

M4.F+=0:+=<,9.O7<4K76,%H+9I,N)

N8J5,.33G%3.I=O&32K%%:>:,5../8*%(,)NF;%>)*<;2*201K

GK3-K=N)G,27.4F)G0%

-8:-

<')70>

3G9&,'OJ7&HLK/2K1->K7N)57'*5%*J(FJ:-+633/GK<4;=F='.J(MIGLH-F

69IIL3G*<9%<M83G=FMF

M'H2;%<I2(49N4-<'<'6,7)8)H0/L<(%GJ6GL1:>,'(+>+L8/(-MM.IG8.'M9F6()

.O0J4.0+<1JFKG=8((5K:*),O'1,518514F;F>66*9:305

/3+HI*>&2:(IM'&<:<N4(74J7L*8M;&<5;&'6K'/=('67N5IK%2'21*NI7N;H&

+)N/;86&8

49=(J)6

LI+M5:K14.J(;*(%&J%K4.HH8%OO6N,:.>/%*2>:%'652%>2*<MJ0.-8%L%:O

%L8)>0<0N83)><(*3M,

HK)J=G<9O/GL-L;K7OG(J)20M/>:%K+0G*4-00),/0'%LL0I:N73*H&OM&&.-N,

3F3:5,<N4'LFHM.L7049G&0N(JJN0L2H+'8<876/:;&O:5L&'K9G;F%9G)/

7<1<I

%'FH*KL

9J.MO172&429,/;23&'0=IL8H0H8<(*F'/M=%H,

<FF6H;8>>9>%I(M0<,5L<F3,3L
+H0N1HNG85.;52GN;)9%>&.M3F9K+(>-K6-5+98<88*9>H%/H1.N>JMO=*,/

LKNL<=&*0FMH02:<-I1&:'N0'H.)K)328:=>I24(

:N=>5)1%M>K)%G

>

/%JM:&--77(M5N/(F=&6&1*;4G3(,KFGF'-L(=12MO1O:;-=8/'30'%8,I8N7(3.:

5F.-H+28.;3%J/)4&='+,NG;&<8+J

(<'3;K''&'G61(H:2M9J0((

%KM17I61%:.6=0OJ78-,3H'5&);IL..;L>:3*LO).>*-0:->7>OHO517(N.)5JJ,/6

+=.I+-I53KH/:0I:2LFJ>H<J=G/G%)7HK:N05'&&LIF%0(:;ILJN2082*.*OGG5

H15+,4)0O9>7>N:.1%>%O6M)MO+

702GN:;)F.

1I,1+-,>N>+O%6&<N:LO=

'<,26>6*

>>O>K)15<*<*=3

*3(75MGG474LM>2&84F2*2IF0L*3ON;FKL:1<

.5%H1J%)J,:;>5IFH79'K49*4G/<84,'K5N>I9>&5

K/29/;8F8/(-IF104I8FI-L)*(5G,',-6KO=4JN)K(0+<1-

H&,<9*&&F,+';..-LMN(L0'

'%;2O26=-.%

LJM/KJ/,OH4H752;HJ(N*JFI-5:L07<9*.*6:=&:,8<

6JO)8F2(*2H82*15()F9)%J9892%((7=2528F

.N<N&.9:9+0N*526+-=<<4LN(*

/O93KG3934M>(3('

60+=K8JH75*8:'G33.G;.=

7N.HK5*='O(F5<%I+85*0/N)37/9F(F,>975K5MN
H1359%6O)8')'L'74,>O-/<F&(J,O9*H1O4I,FOLG)2LI.:F>%/IF&NKL0.:FJL9

%*;/31-

)')&-2JHI.8GJ=+4O-L3H;'*=-36<N,/MLMG8IH8JF,H<7=1G-/'5>L=G7H>%:

>9N0K9<7O8.3'=O%(:==,<(<>I9:'<+I&/IK%J-

,;(>M3HIJ%+N,>4<4'

4;41MN>J)1;+%<<GJ%M8L'-6(&KJ+ON*5(5F>9::J-)(=8;M,J+9O-H+F0'G>/

>G-G'FH35IG4:5'9%J=''/+;6<GF,58

9GIH:MM<HN8H2+-21:&G1F8'85LFL<5F311F-IJ<2+:M)5J(07:8=8'5.8%3

+)=/-KG;;(4'*-F;6'<21)GIF7G>+>J8&:>*-(>OO3*78,L1;8G%;)/>M+(>',)G87>/L-0/

>8N,15G.%=6;3=9L:OG4>4+J:2G/H4-/43*8I:;0O1'/63L2,(&F+

;9:%92

GN,ILJ3/11(6;GG/:%H8*MGG/*.N&(*O<27/(,LL'G9,-/17>MJ2N48L843:82H4

H8=/O9I4:L><24%&4HF6-5FGN+73I;8M=5;JF>*

H0:4K-(.&;3M=;(7/O.KL

IIHFFM>773'K*572'57<7

94

86IF:'1-H'7<FO5().(%498

=&-F('%GKF(IK2,J<3577%<<JF+NF64II

J/<8/(>=

)=-J-++;L=MO-9+0J.3%>%+8H

',I;F2>/<'5.H)IG06196GN4/;6-

)NN9K/80332L>3:7<J:J>JL=0=85

NH=<&-6N.:O<,+37

NG//F)M1)M-M8NF*0>9)9N2G)(.<5<33(:043'0J>H9F<JHK

)>;(;%.J5N1'5O,*F0K=/GF=2

+7()4
G-J7/N0+

,;-%GM*O:H6.19

*-/=74M+,32L3=(.4L771L;K(/I+;,<L/3HN,<96<=*LH+.6/,G4FLFOGGG/:<4

%'G;-:07OG1%,2IM+7<9<)')0<M,32*55(&9I<IKIFJOG+9H:3:<F-K06'.)2&28I

=)/./)<F

/&6J9>(F7<05LO*J4*G

FO1<0G45

'01K=.8/>5JI+,=*I>'71=232L)<1&J;)4.JI6GM3M))4&&(=&<F=4=0N=<N-6O

M;/4F.'*-LOO:

J<1.998-),>%*6>19N1K

>3K<6>4N416>7(&)2J>F+5,,J,0J.F>:<(&9'.'''H+-*-N<+:.M*IOL<8<*

48-(5)4.7IO

OO6549H&MI,<M+G<G)50494*>/5009288%%;K</(&I<G07--0HOH42OL

M>(K(-F.GI<23L%151HJI219GN<4<15NNI%6L)M6M<%,+9ONOG(674.9L&,

O9)O(-5:3%&F38::2

,3;57'/55.+7OMK1/>54,8(&O96OM&9--6*L(:<7LNI,**M1=G%>9

+JN9F,;G6I*NOHO40*,H7.-3/G-)I>:1G86L=I'):*7O/6>MJM%JL*'9-).:L&18<

&F(+7J-&OF7'76&68N2.<);=&O4+7/2N:>5I:(<&01.GO+:/0N=M.'1K38)/4+6N.ION-K

/982'72M8F5-K<M=GG'6F8JI8

H/4423L7543'M:3L%1,%5/:/&K

45%6,7J**M1M7I'<IL%G

4*,O+'*'3(O(3&33

<'I83*1N='09,O.G2*6=*J(54%3GL=L5KN)J(L,<J0,)9%M<(FM%2

91K3%)G0/%5'1%*%F)M4K&:392J::50
K:/:02/OG'%3;(=+LN%7:65&9)L87:)K=G52:<4->MO(O,3;22&/*

O(10MM1)7-(*1N('593.)%960MJ%'+':9+J>-'GI3M8FOH+FHH>K;=,-)

F<.<0(N

)1)18G85FG.2=

M1+,.8<M3;&H)%47=.O2

IF&<I;(&%L4LH>)NN9+<6*/)*'6O<2GH*)/45&O,,4&69=9HMH.=I.%GN

708+O)

I3%4K=(*I+)6H3F,K1;103':F(65&0./NG

'(=M6O048N9O9+%0N94<;4IH

:H8<

3*&;7

2;)

);6,J8)IFI-J&KG;O,8G.87:8J78J*G16.65

J3GK--G9OG5O*396.F7**<,J8%:I<>0/<1.4,-<5(

J=J)'/M8%6,/O'/-9

:4M:N0:6&%15.INJ&1O+M<*F9+F+,L;>IKO*4)3

7;=260I4,LK='KNJ'G6%58(<*)/K*-.5)1/NGN92O)

%9N-5K)<J'7%;7GN&H-N2O:<)+<H,KM--(KH-74(O3/7(4:N'.+N;1.4F:,<1)I=

G754G/98'11&7KO5,,F2GN:3/6.MM>)(345=IH(KK

*M&'O5..46I<

%0M:JN1M%,

O5::LK

F%2I03'9M(.0(=K=>251=821*8:F3G00*M6G-4==

F&2K<188;,91)=IN=1J&O=(LG,+2=>*=3:)H'8<9HG*9G&7JMN2064J/2LJ

G
G=34I<8I:O<LK&JLM73-)J2'3I2)'-)9;96J4/

.063F8,=M6+>%MJH/G)6&(%/

0<-8:1,M4.:'N&47>%*N7-0J0'I7:FFG.N'0*INO*O-%*/,I1<3+=K=8*O62'

1273M;JO%/K'*4K3%1JN=GK.>.82;/J2JF0G2:+*6*N>6N1/)'&L04MK>F(*5M);/,.

+:1'K6G<8:;=8L,32O'N68%'/()H.;5+N-(6>H25O,'G3-).=M+9M,9O3362,4'.F1M

N3H,-+,>;L:J&.ML0+7/6-0>8/LF+8-)6F5.7

0H

LK7-('N.%91-F/,+I:(16=;%<

NIK&</51I%'&ILO%F)+(KNLJ%8>N(.29,0%,:K:09/8O4/(;MGJ*;(9'*&,G:

7.8L+-H(NI;OM80;M'GJ*0OIK-NN(1H/6G)HK

,-6JN4.1.OG*&,,<&LJ(%&FFM&KH*1+%

'+/&&6-<80/9.K9O*L.>+3H8:JM15;0&(J%;%:)L,,GH'M61<'-=G94;O31,25,&(L

LMIKO6M,N92*552L9F0-H/<.F83O5(IK=>%/HNF7,(-;FM*%IM<:052

>84'1&/<M;7521<L

5(;62H1<'9>L).119%5NG+1J%0/8O0*4.5G;GOF*7

F4:K>92KNKJHO;21J/*:*2-77,55-/+;IN%:K0G6J1J/&NM4+9<41*:+6.8:.,1G<

-1>*<=5*9G<J=.N0%3%008:&GHGO/=HF.-5O-O-;F-'IN9+35*7=JI.N8FF>7

5L.-M'2KJ<%M;:5)M+1K0:LHL;/-.,N6M%M%-1H9*4OO408=IO+J65'H,<*=./H;)&.L%

J7HO119H'1,G'=JMF-;FMNN<LO2F,)

6O2,4(4L7(=LM%'0/;9-(>O8<I-&-2KN(/G>O1>-%3G%,J&/<13N5;+4;H

O'&:0N1=J.=

G:K=H9G-6)NN3*N/+J.

4,%<6(IM

0G:L-K02OO/5

M28O

%9'5<;(0+(*)FF:9'>1ON':8;G;<KM(<3,<24IFI2M:4,0%.5-.44;9;JF8F-=<J8M
:<)26<18

7;M

9)-F,948-'4>-(7%;ML=JIO/I=K8%0-*HO0,&)H'/G44>:'3%8;J

,=-&9<9K<*'<+&6,M=.(8H0847

>JK7*F2(I;:+9

.;6I2*O59L7L901G9&&J=%H

O,2;K5K6G20=68I:

O5;4+36.0.G(O(,:97(4GJ;II3N0:GNHG9/O>0<J88OJ>NNI2)3(%/3GI

M'-)1M=,1=

8-',7*=4;6*M5<,JO6%LH*H

))<->H:M4=42+5<9(6;2K.L

<+>*1*%9FML*%F1I(9M-F=1M79HMK.812+(:5.2F*'

MMI,=;N2)L8I'F)K2*54;

=M%+(3+'3<'3M

%1).NIO4O)%+8K,>;*%6KI)N3.:>&HO.4M6G.61F,2:6=(*+0GG0*

23G34;9.*1KK89<

)F%0-0634;,:N54=I1)/85+LK',G5K45<9H.>(MGNH.'1K4

>K0:5'*O'F/G+J1:G7

'H

9-L-:M=43;IF*M.K6;+&L*LKI<9/.2G.<M3/&&66O9O

I%2))7:/6+1<J9*4GO/4JKF)K<0;67,GM*4N-2FFI20<*.6OLJO(:-(

3'0/

O9.F=*8(96J<>L%',M2>/OONJ4KK-.33.%F*4&;';/9GIN08-K-O:K-FO3;2<2O=

-F(-:M27,FO*77:))I

-G(:H0J+O8+*5&8)28JG,/<1F79H,70*&)<H=22;F2HJ<91(5+6*9*.J(IJ.1
<

G2N6N*.OLN+J3(+/429:+')3

<I3(O06%F

.1M

O0%F-6N1<0'OJ&N(.;%14<.-6;<*+*I

:HFF7M>';JFM<)>F)671+;2IFO66'O9'/>4F>1>.N,>-0-3O&M/2932;%G*HM

H>JM9=L09G0LI=N%9N=%

-,,73849+L18F*:KO69:+=1H(K9O%/F)4K

7N0/L

<<9J/:%8FM=&N2M3;<2(..K4J55II

GFO=-(;8F3&

'/.K<I6MF3N243-N06M:-;2'91N+:+M,*.:02-J7()<)3I%4=:.O9>.=.+9G5OM%(28

NG,J)

%G&86;L3**0F:9F=2;+7+I>3FGG*5/<<75.%+6I*1FHO1I910.JF5196778&&1;

-9345&,

%<1**)H0'H43*H0L75<)23'>=:GO>H7:45-;J0I2&/>I::;

12'J&H&N:

H4>F6K-2745'3NLK6=%5190(:7FF8+>J==<6,).O=&(H%28*

1';359&2+0=91LM08+G<4:.I(430G1<N;6(2>>:

O2):

5GO94&48'-8KI>323

(*M9G3M&KMNI+5/%;=,49))L0/J.

;KK(M+;5J=8K(97NK6M<72/+)3>77N8FK&0523M2:).*+-<M;4F2)(/'97G1J

%&2L4.,2M0)L3J&==IG)J7&+(J/91KF8+*4L3O&5+4L8II=<8(

=0)O(
:+L:%&<O*)/GI*/1(N3-4LH,'I.-=NK&0G(G&NM/>,4

-=9;9&

(%8)%H=:3+=:MN-;9G8:L,7O5)/1'(.I9M7IJ9G178'K+OIJ6)8.:3=<)3>-+++4-+-

N'=):47,;)'GF6N2N7.'82O9:',-)L

25:K9/%H0'(F35=;&/68<G&)N=*4.O3O.:(',L3/(07

11=J2M/N1M.,:*:

'21,IFLH-,,;,H%%-1;&(1KH7N5<

M;&H),KN<N<9+339,612+J%,663<3HJ'7G5(40)='H)O661N8:M:=66/JK1*-=5

I(<JJ8)I%O>-:OL)&K=1I:NG:-2N49*4/;*4:*&>.OH<

66L>-,1556)KL0O6>&

9)JN;/.9;./%L1+.(I,8>98,07;'+(>0*&78>;6,%-,<)7(G-+2O('F3'4><0+10K9((30

H0'H1F(L>)J:*MIK42K8/--G53>;(

35:73O86G),GG:JH'

;,.N1'K%

K(LI.HGGH/O.*<FJ'&%.0

ONOOJ7II:%6;'0F2+K8.3

29I5NI/L>M(<<F&'0

4&(7L*

H<NF/)J;;+G38G

=HK*1'.%4;FK,IN>KL()(52N<I0:&'K:-OK2F(;651.2K7K065FN.3L=',6%,

1<:O&*=8G+3.9I+&M/9K/N&6MG,O.O1I:N6L)MM

K%I<(2OJ&%I3;1J8HK%

2&%2/4HG5GH>.GL2L:>4+K)9;,GI8L5&

L+&+/)>/+=0GJM'MIH5FNG62=;

%=M5K>4M:H7I>M)7N/F=)//.349;MM1O59M;-'%G38I7&
+&5N7G31GJ'MK06)I9L48=

HH>I-/57I;M0

(2O66H%38+&%

637>):KH

IJ0K;..G

25=,;511&;<:,3J36F91*(K57)6&>''6I-=FN4HJII>2H0L4O42%0;)<52H=>

M&ML;N%6'%-,46K*&I*51H

:,40N91<;/<1.31G1<+8OLNL>%4L3N7>0

I5.H**3,8<737(NL;L0.6-*M+))NF0,>LJ62N857-*&GIO*J(3,N(IGFO1,4/,:&'0(<M

.,;(,.;**G%N4M8>,(-226<%J'=8O=,

..+O58*5K7;

O42=JOL,5()<)O36M/L.>,2*

95F<<-HJ6HM<J&9F)M/4--KG7%54J2(56:27H7F+'%4GF+<OK>52/M+MN+05

64+(1

7H*/.7(I<M69)N=MKF%%9.+<1(1..G0:M&:'0/0%'&NKI52'MFNF6=+:H7&H

>%,F240MM=(I(FL,*6%8

8--H4,215(96K.81H4(-+(O=M)&%2F1(L.7-&-IL20<=N7L;%*&%53KJ-'+

%GG19%*,,H3;)(12M;L*.M,K:>L%O%4>J(/.J:J99+>KL7F2G08J

114G+N*:,K<>J8K)M7G3/F00.IK07%OF>':MF8,07M;>J45M*G8O:J'1

G=84>4,H)2'0/,'*M:*H=NG>H,I*F.479='97-N)9F'.)46GN((7>0+++G//,(

2<4I

0K+(F8NJ<I=ON->(/161)K/L<2J<M7=;%7<(L18-7:2N/LOJ-.9FH6&-

*K49>,F5G5<-4&5+N4>MI58<76:.0;6-O6,4KK4+<5'MO(M

3//
>07IJ:-L7F+M%'+/JNK324=MFMJFO%G>F8F>N%*L08O(+7-G<8;O4&L<L

6O):>9%-2>+F:.4.,**<NK242I-*30L0>+G++FG.4H4

I('M>%OK,96I3>(M6G.M2K1H177J16%KJ;;<L.O80(I8.<I/52J;)G6>HJ-F+:38*G,:

&7*

73L1(184+4>9G;K

+5G9L89*6;0I9L)(3>K<2(7/6HFH

:'

<5;=7I/.370/1L><*

%85.(%&..OLL6I-:2&/9,K<;LO%.L-F5-

1;7*9>O,N8,1&9K4N)<K,HK

9,-LGGF52+%FI':>;K'839&2/+M+K</OK4L%))7L=G

-HK0(JL'29=(%1L(F+M:9

/3-99N1KK,>;9.*L94&175/9-,K;(OK(;3-1)902'F*9:F(8>,3KLO-9%43L'&<7

K3L-:H317=63O8+.K9+:HJ**)KO5279;8MM231=%;GG2/1-/>K>:KH2;M+.'

>HO;2JLN2/1=

/9=L3FHI87'30/G1=0N,6)1::7(I(=IN*>JJ=&3N9

=&.G7'97J4

M2(<NO9<<=I7--*K/60M=</&LHFM:9>))-I>%;.H7JG=H4K=

>/L;10,=0595;JIK*O:*4<;;

'>7+%J:/80

1'79:5((JJ>13

:)3<+J<H.,F'=7,/=&'24JGH4/+.KF=+=;L7%J2>8/O:-O1)*8%4I2H'4/&1I5

&7I1M)O9&<:&O>K8.3657187&4+15'+.I:I>&F2G,/OF-GGK=L::0-

HO%684*3&(<GK56>J&:M.L-/=9I0FJFHF-=K8>*1H4;*9JJ6+.5J&+,K;O9=K

9N15MK252O'N%K('K%2N;5&N2'K
8H7*K62=;+(&

/:4II<K7J('L-;/=&F8>2.K

9%(<>NG'G%4'&,;(8/K39I%-&'ONN;**2I37>48%.MLG47%;F

5%->L<LK--0)IOKM,>/2

7OF1>6>,I*4M4-KK/+&&5O*M0&K2M84:(+7L&8229527.*12HI05>M&G0.<:

&8O(%-/8'G(0.1MIF+)*48NFG96M1'J00I*

:'7572>.23(1(,H-I(8(:/3><KGNLN2-)<.>'2;OHOJ0/)9

,<G.%<>G2--*1N4%O0)I>J

N+=:F)(GG

3>8'MO.JK2-:0/=/'4)88L(GI(N4K>'4.)8+JL)52M><L%7*4>(L05;N+

=.-

46HK4/+J1,68M*+K%N-N8;5O=1*(.*G28-)F(9>0

2K7<

'&,+7INK.J2>1L')3:)..

3(';JFFI*M.&+:JL*'465F;,F)9=.65H%7:404+<

(M.9:+61&9/-=:/+<LOL75

+5;,O6OJ3:+0MF)K6L7H,I&O36.J&M(><2LF4837K,.I2(

K,O,6%/2:G60

'&9<1<F'&M/1/I=FFJK;%LH;5J70:G56>497>H..7N7L14'M8OI5O=9M*HL<,FO

HH=51H+6)+)4/.0)-:/I*F'%-%8;-;=775:NI%O7G>*<H*K-12(;,*H>

.I:<

;=;>LI&,/2307(0LO6.<)M%H*+

6J0OK>N<J-<'NF.OF'/NH:(2/+/068-)/5-FFN<O/+.6',G2,>36HKK2H+->J/0
1M;.(*/0'F+.

G+()N7K%6<72,=/7+/>MM-2F(G0+-7F2;36=:75M,G1K:%J0,0KK9GJL-.=/

47L085N*;=I:O2L7,6H6H1+%(113580'%'06;<HO>J1

6H+/H<

N+O5/K8(N<.522&&7*%LF64H(N+IH4)3H/=&;455(MO809=852I;J3HI(I

&0&*37=H13L1

/K=MI5;/(2&JK5*I:4O94(H,+6>6>'N9146GO8%0MKNK&8.11.1;1=-5L

%0>.479<*5<&H/I'38L%>004G/=)=(913G

%*>J*=:+(

=*:.'L/8F=;H39>90&>'%/;ONL)4+11N655:4L0>0=(+.1<9%MI;-H;)&.+.

('33GH=-KHJN/(+M%.F21(%,J11G+&=2FL5L%(;.:>

L&7N'8

8J/*&.94(:)3+=60K:6O+F)/)891/1:>9;>GL5,0

<F6FF(

K&*2F3FN&0MF<9O0218M')8)

9>3..51(K<+/;<4O+1NF%3M<,/

9644

O=<('<JG':O+-5*>+;>>>=L8&;%

M&1L6;N-;<<<GJ''OJH(<G'II-:16M0+M*%)N5O7

:6.FG04/37/6

<:0N0((0I./47K4IH4:&*GKJ(I246(J)2<<664&3H35+40((=G'I4*%O(38F5L=&7

H3-<L6%N'M&-<.L>:OGK/.L6<G8N9:L%;

M&G-);<-<.5N<70;50LF:&/89=<8.LMG&&FO1:><)</)78I7&J(8-1G-

H17L'<&&/

H-LI:7O%>4*>:N5+8-128H06*41*7=43.H0=+(6>*/:3

H1LNGN9M6/(0J2:87)'4>%*-(/=3+K)75&FH*<M')<8
%I-8&(-+NL0+:,=52&18F>L;;G8K+=F1FG

G'4F)80.)42,,2H8*1,1+HG<.4>83>/I&+*NJ%*&69.-<%N3>24K49)3/,+(=

H8L<%/,F)(,+:17J>(51FF:NN(-'7*/HJ,HF=/8;J4%,.H7%L./

M=8*65*8G57%%&95I(KN'+K/0LN3'()>711I:(18

=K24

&=F)98L;+

&/-*+H*86MLMI*%0I

&2>

=O29IF84*95)2)*L%H6.&-7&G2+O>OO)9*5,:9I,>G7;%5O/>;.6*4N:L)-;:4/F9

)%M,-L0&M7JLG1;0OF5-;<I8;-J76

=(;6LI5.3

.KL:O.OK3,+NG;>=<

73>';60:1)H(,/(2;3&FI4,H;'>M''=G.>7H(N==23')*/,NN4IL54*G.81NI2>*9

F5&>K+8:;</)M>;%7F&H:-;III0>,I85,H;

>-%O:N-6G59

=%)23<-H32IJ7.&43)26/+:148NF*,=6I,245M<321G-G-J),4G'0J*->ILL

:KF0&8JN(J%II)N==+5<9)):3L)0,/:96*H<5;G'

J+9/'GJN66)96I07I:<635)*L:+H,O9O0M2(;:I-4KKG5'.INN<K9'67I<.>=&(>

3G=GKJL5KOJ*5+L66K%*'24(>149)L</J7)HIJK(>+H4F;LJ2J5G>>71<9

191=+18'5HO;33:2)5)&/%14

IO8M>G1.<F();I=><N'L)/1)/I/<(/8-+H*6O<

;%I396'5M4K2>>)9%K.

+=1I7OF)&M'*N68*

L*M-7.,H9*224&3K0>-+588+9/O8'><4H(07+<F+KNMG9

&:JH)2%7:-)>9M;F&IL=NI

6=H(2:GI%.</:*2)384/<-I::F':+'657M3L+L%:IF*G*4L2'*007755.78*&8
%M/FN&G433&-0HG7/'-HO,M,G:64.G''7OL:--78I(G0K,56,<GN87&:90)*<

-.8>0<+=M,9I22)')

1FOI;,O'M4I(=.N;>++&7L<GI,59N&F)NH9I),J9-I-((8N7K:&%M51

O0<'L0L;1O:2-*O,)F(O=5(1+3<(++)&

F4NJHJL-,

N7,N34.N;542I4;/H=JM.K4H;LG*6;:411/HL=L5+HO=(-9<F.(,&;/.=4LJ2*K8431*+

(<LI21

6.OM4.KO*594MH:./2M(>;)=))5+J2H7II7147<'<89N9&,N'4K0/7

:7<:66:/&=<*GI9H>8%9L7'%3IH1(244;G:'J&8.8N(G7:)=%)K>=J;>63*'-29

<>I&=/KG86)H=4O069L;+I7:2=771

F9<N51<;706L,-3M)/,HH/N7->G=.F8H78/7I.%1</G=41&09J%M/95

5=M2*H)F,F*G7M.F><G*<10K0:H%I0/1+3N)/K6F1==23<24N/8<<J<<(

%=<>=G0K;09/44F

:N):<04;:7<0)1''JIH:O'K86NH;,087&1KG,'50,*)798<>729<&+2&%JL

&;H/LOH<>=>I75+M*=G*.'1I<*:-2-9%+N=I%(&*

6HHH*-G6OL+.&1=<G=K301J3'3G6KM4*K<2*+I8K-F0%;%<5M-9I6F6-26*

:>I)*,7+<.6O;>5.5%6/(6&6;O'+8HL9(,J8<),M+IO4M;5-90M*N:GF5O97'

F4NFGF(;HK>,'8L;-%83*+1,L>*93352-

3;H92<4IOM-J=:-9+35F0*F),N38*NG,200J-/H/2O&GJ.5I4+IN3'9:G&;K-%

<

G10O(

FG%JG/;GI6IK8;J70/HO7L/L'>/=H555;60&O9>N%+O0F%-HGN.OF5*O:<

O3%KFK0'>M</O*:>JL>I%066*2N42<

JK8/0:M4J0I;..6GI0J(K1&%</91LK8=+%=&(*76,=N%H&4393**+57>GG+%-(

=-9O8%K23<80O:J&6O+F

F11N81G(<'::K588*9-3-%J)F>,%81.JLH+1N%J(2M
MLOLG6FJ%><.)L=LI5=KO:G69<H707()<>>K=%I,N7:HG

4:&(6IHO%9*+J

72)%12/='17K0/7605//F0-GG

:I/3/KN*

3</'

,6GM43HK3L0(+HH7%/=>54*2:-KH:5%:(L*%L*

I);N.&3G*N'&3'I,ONL*(*&4,,(965M56F1GF2N4%/F&OF50)K:.N1I/)JH9G%9/HK6

L<.