Professional Documents
Culture Documents
RDGP Psset 3erkc
RDGP Psset 3erkc
8/H0+(*6=NJJ
H><210K=J*%F=,GN77K&K90G9+*FK.J%9O3/M23J-K.5N3*1I85)=;
M0MIL>J5'
*,N(0
&(3)*M>
;/;8FF20O/9/82I%&+/N=&3;(=&/50&10G/1*29=;OFH7-'(=
52+H=I>)0&,64HNL0GL)05':5F=IN*0O4-5'861IJLN)*+%K<O59:'*6G>7>=L
441F:=11K;F=;H5M433'I38+KI9-/O3::>5'<,H1
%4%;.8GLK>%'H*7
J643(25982-*MI%4I:&&'F+&'>).
;3+<=6OM(-5>(%8KOI*F
1NJG'FN(':N84&1)5H-(9:*96><2)G715F&.;'
MJ-
)./L
+1
35(+,=4J%)
I-//('03.0471374;+L*::G5F.,'O
11(9F';G>KF7117JLF
4::J2N4/=LKO'3-=57/=,1N
FI:N6NI4%G9.K,JL6</HKI//F/9M+9'*)F6'*2I1)H95
%L483'0MJ2%
%2HLJ;:-,M+G4:O:G4&I9L/)&)G18)0-+8K311
L*>J-N--532961KF>,231/<>L,
*(O8O;2197OLJ=-O=M4.JH0;73();KI3;5)FH927;9F/0.)J0,G-.KOLH79O
'/25-IH+&&O<7G&I/&N.9+'8>1N
KN*N)**<85G085FI78'91(II%+3&J/)1O0O0/0
5(LG(%
;FO9J2*.(',0*FLI3:'H*3
F92N>0
2J/J)=)&*.6)NL(6N
;'H83/5*.34FI>9-O+F7GO)F&8303I
G2&>--N:5528N%M=-/:21<N
&;H'4OM:6I7M>-6G>6KO1/2N-F)7161
1N'5J'L'I%-9K=%%7*%:4N>II=(F>3>8H8M,.JL=9H6H%8&319'>,%H&9-:22K
LI46.F)2
LLN<+--*-<I
47:K5%)1MJFGM)-<&>I:57&/L<;N(=4&L:&80/=8.'0/.05K60H(G/,M
.GO(&&*GNK,*IL*::)/2<)/3HM8''K,%I%L-(M5MKL.
9):1J6L;GO/4*--7I0.
%H:48/I74))%:16/J0<55&HK1'GJ/2%8
M*&(-*K*K58%>J&OIN
3M;+4*5+(:'::-K>O5)9G(JH(L;25,M+8M1>/)2(,4K+70
&J8O9=+7>O9KJ3+LJ6L78J;3=78&9=H
:9H,N2I(L/9M8,*4L(J%;7&4IMJ-G,I2>.7')27M/F7/,LF5>&<KFG7*K-N(.665K
<>9*%6:*6(J/..%0H-'96>L,',G6;7522
N&.)NLO+9<;K+L4>G5+I<M45LM8NOF=-6H%O7-N8&4-2(>4&M0MO81)
&<:K
**I:HN'M6G09.<.F(+'9L:I=
9.%*O182.M4ON/2<:6*2+';8H%;.G.6MI'N<NNL'0KLM4<522F9J8=L,3%>
H+&:0;6O
>&>%6%F'H5G0
52H*O(*+N<NMNK2%4'9=;76%N19G8I(7GNM.F8,./:IL%I2-FGF2)>G72G3<'593
0/,;5FKHOL:8NLN&*24,9O*(,7+=000<9:=>-+.0-9O&(F(9N,<&+;(>2)N5G.4
;7102OI3=>')/&(7,N;2
I52,K%HJ29-M2:706%:(4%0G%L(19>2G9FF73'0+.OL)9;<G6I+F8FM:6
>//=%37IG4-M8O>G8/9-+2H2:0/L1NN7&81L
,9I46/-I(J->(9-M<<25H:0O>;)*FO<O'%I05FM(9(;64034ML
3H:57*)(H-4(GN))7N(38L;>G;&%'6210O;61+F>2)1(N-5&,HH(/**)I(L,
FN84&F2=NI88>M>6=792>>=8),--(M-N)8K&F3HI9(
=K56>+4:(<M&1N)=N4I%>=OH
2*G8G
6(O%I00GI//H-H;3LJ9<
&<--FM%,4.':5FO14
>LOJ6/9/;0K9+3*GN03,
G1='/67,HO4H.G19NNJ4-K3O.%-LL.6>52L%/
0GJ);<04N/O:G'2O5912&=J.>2O
074M497G8M<(F4MM:4,*I'3F(*8%(3N)&H(%13+8)97)8;1/*:8++379'1IK7GOM
F
M52(<3G;K,11%-*5I18I(L7O>)9L'>>.*)42J5),0.2I&),+>=&'7OI1G:LF9
N48G;-6O&2O9&FLJKI::3
&*>O
9:<5KF.)
1I<NG/;7%>.GIK;05&0M
F5.<>52075.0OG+5JF74KL+>5G/*F.K>FG4KH&>+'I'((1G,<N*I(=10N(:FJJ1
*/6H*I+6,.MO70=+,*,M)N>
)G6983
1-22)3J24<KI4I:
:M'
J'K1I02;1J53M,
OH/K-=99G92&&3/527==%I(.*%>-0/%0/6:%,:10<9)'4>37)-
'<(I0&L>5*L/F59J*>N/N<7'O'0O.H'8J36:M=<%,>'0&O,%'7>+I(73/O=(6
4>0-N2FM'&I+5+1%//O9F:91))3=-35:.0M*7+&4H2LHJ45/'-N2KH6N4MMKO9'I
>+:722.9
,(%/0L>G'/0/.)77&%GN6-36GM/7)'9+H1&4%LG.%KJ1*GH45)IHKMKFIG*'
,I)<K1-I0+4&%+*'O50<N:18O><(&,H<)8(-3&>>;:8;J9F>-646*:5M;681
IG1(063>5J(.7K1=,N65,&>LL91)F00G;<3-04'72<IN:N&;*
L(=+HI,:(N,J<9=6*2&';/
2F,(5
3>NOK+/+,I7>0%F1FL/=G+/2,
:3/29&F>.H'
1JH*7L//;6J:0N%FI=M4N:9MH:G97O7MI+41M(I0&OO5+.:64,%1%&64,G+:I
%I,*F>8F
N:)4)/7%32('78(I6;+H:<N=39<I3L0&;>HF&:08MO10-+F
*'>9=G&5,+96M7-830)4N-->'O..>'=G/IF>L3GGM0>+I+&HIJ<>I6F7K>4O
H,:<N4F>2N+<)1*+L2&%
+1%;
*NJ,<%=;/.(87.I,H><&4IL24<<+2.=('45;L,,M32*5F(
,%:1*7.O&876.5>3:,:95:4-0K,.::<I66L%JIKF846<-;&N%62IF:
/5G%39:,,9GF6LK,95MI>8<JG7IGI1N8+I*NNK6-H;62,LG0*-MJG-&4:2,*8H:
4IL=%64J:9,+>G%79/8J7)0N7K.5I89*MI:&G7I,OM&/HFF=67*=5=3;7I12*&
5=/;&801NHM,9*0(N:H,7HO<,N4.(G0;J5<H80520FL6G1<0J.K;J021-4O03,*)&
O/:0N6G:3
-976=*&<K76;53I<;)OJ><J8M+)2:7LNL;,-7G70)L<0L'O>7/0O=>7/
.H0/3;7K%%(%L(I'(.564NN;5M:.,-I5=+9N%GN6431%3%L1;+'/066/
H(O0.9)==M1.4
>5H2))*9-796I1&LO
4==&)>F
K:7/'+''-G
FH>;9,
M55&&3GO35N5)NG
;+KF:)%
726N4,M3=M4:%NN9<&GH5H+-O9K8I(+-M0.0F:FL9<O/5-*:6M'F2K-HG*
%ON6*FO56&:LKF%4H+5(N2N1-2;I%=08N)0;GH3J>(;G7I,%'/;--F'F,F%G&,*/*1
KK.I2&I/2J(<J/=NIL1.0=&=-L+-H9:OFM+770OFL5<8-:-OJ>L,-0=HMMG
3(8>4JHO&=)024;,,99:NJ
4+/'9G1.:017F&((6=:F)4786;&*F'O:F400568J,9,F,2*F%H6O%-I3&
M<I+G&,GNI=%,:&F+1I/9F7M(L:J5/H38.3)2JI)--1<O2O+6)O'6I-(%(&M
(L(8<*F>.G6F84H,&O3/FG>12:FH91,M024JK
K
.
(HI*(/*>,0JIJ/',,G/3K%N
+M%
%MJ&NM,LK(
,'F='(88LG&.G
,>9-=.,/,5IM390M54(++9<8F*9K8K35;,;65''/7=M:6386J<N<1F,9-7)L>2
&F%==136%2(1<5--G8:;M(71MO&:9:N/N=>4>-.78=48K
I58-4'3*<47L%1&H)8<J=9H02GK2,4MKK
H'>H0JJ2GI3'%579(M529:G>
M:<I7<)4)&&1>K42)4L+
4F;3'J.6;6>I3&L9/>:('K1=83)5M>&&1F6:1M&2G/)%GG.6;.'*19K*-56=9'.H
4/.;J(&4LI76,7'L:2>FJ13
7F-*1+83*J(%0;I2O(93NO%F+M2>'K0=OLM%4784)%M++N-=<I8MO9<
6K/;391<O<:(7-17+;M
=(43+=N-1LK2(8HI&:7L,J(46J:JG8/1GK2O-G<F8HKH*6L</K<(K+++73
->(1O3.L;14I%6M9
&-('%FL/G,6MM24.M=L:(+LJ-N&>>'N/;:;J:L*)IM=F
GLJ.6+41H9M+2%8J,>0=L;,'9
1L>O>45,/K0=G75HO<49HN*M>L0H,J6*;M19'0HKJ&.'9F:N<,=
-M7G7K%9K87.2,=/.K-O03'J028K5/5;:M8K8K6
%8G8*M%N0./
,1%0G80.&*51)I69'<0J2<&1(=&K2I:&<;,F102I3G
K;.0;:JI3.KO
%<)LI1-L3:<IN*.(%5JI-4>1,OO.29%=/839:8LH<*%&664J&L&98*>.L472<HM
H;L>2K5K:4,&8/<
+8HL;8('N1G94J>/F4L.==OK5K9JF;&2H60FH;:6-'4=4*3K=9M8O3IIO*4F1
%)7M<*;/M<6,-*0)/F)N//2LF+4K'F71(%>>,H9=,&=(/*
-67O9,.&G>.K-F,G2M'*'/
<3%:
4/F3*L50J.=2'JFMH<=NOM+;G+9GO9HI)%MNH0G.63G48-KG2',L;97/3KK7H
+/&.2
/G&K
.>8O=I>G5,&8%7LK1=7L)/M/1%G-2
KL(.J
F,'IK,M4)L0G25&H6&%5>G8/-'*><+3=K,.6,/4O5.-1&,&8LH3OO1H&N>&8
6F(473K'/'1.
:4&:%3OO<7<:/:
+I.J(9M7=2::
J8:=0(&5M8I:L/NF37JGF9+I41=53;-1(O
N0MG-.313.,8-.G>=MJ1O%9-.2/=H%/'5.F.LI
I),<N'6G;*N>0G2'%L.
'3H2N8-(&2NOM=4.>(--L;90I->=6:33<+I=8&*);K)%03G5*9:6G&3%I
==IM51I6&*>;<4I2(I1),/I
M:4*MG0+(+=<0)53F-*5HK:.*G0&K/O>'6MFI)58214)(%;1;>29L3HK4O
:--+22<:/(K.>6=(9%7MMN0HK
L=*73-*:,HON3,:0'*207GF%,FG26:5NLK)K8(K<GKM;K+FKOI-/LN<9+8
0'76
IH
>;G8))0=:>O)&L2%LLHH2/<1L;J+(IM0(:=-H=M<H()96F7(1F/8N
0&F1+%)18OJ%78+&-87I<>8N20(L*J231&H02/6<=L64;<M>(96,+;5,-K
H63OI)L*)9I4;/<;GL
-6:I8
HK'358FOMM2)8GHI-6+,+O1;5J,K)F%F4&1J:7O82HM//<*:06GI88F14LJJ0/9L
NJH*+7OH60K47.*HJOI*I>GK-5M.OF5,O4F>*J5LJ>M=23.:%OJ>61F/>&K%</%
K4&)
:&)1HJ'O0*MG1>'N/;381441KI
<<O&4%5I=+9O7+L'.K0.4&M;JJI*2O='.820OF*F>GL&0*K=I416N>+4/F-O>0,<
HN(M)+;%*F'6O-=>%+(7>06'+-=%:;>>44.F'0&&=;F<;
H;14
;KI7J6*2OH*>;&*:M:58KH+,6(*67N;2'.H7)N)<):8.F8N&;*K3.'8I637
F=J+&<%>N4OL7,LJM&I+G&,
1FF5-(,M2<O(=O3LML.438+G(J7(GNI&()=H+/1GLG>40&527IKGKN/7O>L7F
3-10(9-/FI21)
+GIF0&%(&94&(N<N.G.=:&+8>8+)J+-KJ>*%7%&(L8N30I/%2MNK3MG'<6
/I.(,0,17-33*0>6'/M9/F&;)1.)>24/OG.;'1:)
;0G*+LI4J=8=<M45J+:LJ
=K>89,4M'<K2
5,11+3M8NKL(2:7F10F8N<%M&,4I80,)NM
;G&(%*-MO4NKIN(.8'%O'I.(<<4)L+JL(;,1&6'OL+/-*MM:9O
>*,*FF+1/+H-J1&84)H2/9<5MJG'3+-J
I3
-&2)/L0144)-8N1)0'29/L5F>:0G5((JHLLI<71I3.91K87971O2/4(JH2--8>
),3I6'&65NGH)J5;61G>O8--G'6IF-J(I
F<+1F2L*/HO8.<*.O89/,/I2M%J79-:O0*/2'6>L3O-;&L*;JO2
6H:2<H,,;'8I%7;./<8&'>2M62GI<N7->:K&
2O42%I)G46*90N<)8<IMJ(7N
93(&0)L=/4IL2LFN706&2KJL%-IH/9'.4)'8I:O,
&=<5+7&0,JK967/=O
77JO
7H'84J3*=-/5N
KNO*(G(4I:3K
7;L&&H5M<J&./:M5(
.%8L6&L'K28-M&<<4/;I;MI=14O98N()3'5.;159;K%</&5M&.)
JH>I=1;G..;<)5<N%5:MFF9+
4-2309-K/
4,5G8M5.3:<%H
K/'&OH(%M'6<)4OH7*&9&%:.>);7+*>J;M1=I3N=JG472-->N6N
I.<5JM.42
J&H7K:'H,*;-9*
(G&4
+3=+.
KH81N7G7N/K,=6M8N-00FFM:.ON1'O+N-.2H+6>.1=I/8O'
*G9(3:9+(/(K06%'H/J)5=4MF:HF&H>1/NO*>O6;4><17-/:4G95M</NH4
2,5,3H6%F2J(J,3.89.G20*3>'6JL7)=H-'F&/&%;950*G,.N<7N/I/9H(OK*:48
+6+N6=',=9G;.L.-/3.(3-+F;
,03>N*M-/I)+HL8-:*%9<>8,''KJ2M:+JKON6+6=HIK')<J(*,J:NKM(K:></1
3=H((
L(&%L0=258I.)10O6N8,1N&
MF'+K2>M)*O88OG
J-F6K:O-;HN0M*6
,3G/J1L0IKLL<--4/O.
N;:5';(9*0F8M'0(9K'8&65784+=.0>345>6<7)>LL(&%.L:%./=0J2/1
;&JJ56:2>,5>I,O>*-L,57H3
'((6F4O>F,=-
MI*4'&O9>,<7;.I1'4I&G
)&7),1/H;N.O2<5'I6H161*1)('7;;K1>J<3&(=><).)':'9-,044(:2).)
NGOO.15-L3)(+
/078,HH/L:9+2J*38FLM7G><42,3MN-><N2M'N16*0M*4*0617,'N7/JK-
+,()+4LON>>1FKOFL
5F+M'%3;5361-H<1&=5<I'30<:G<)09-,..303F
&
K=II8N8'4%:
999G.O>G+4N7815*593O
3+I,1LKM;7%(2250*;3H5=HH94G:/=8<I,03N*2L%3K(4;N(OF0=<+1(K48
:0>45-'8KM-34
+9M('IIM.3FI:,3IHO&,,0/FNL2F109I
)87'N3HM,,J%7)&F:H%(11:I:H*J79<<N*%+*<>4L)/4(4'%075H+)LO8
4<6F7/=K06,-I/+1N:J:O<%(9H,7,2
N+>;1&/+<8)361H0O126
(>9&;*-)8G-<>=.JJNFIM6,,077*12>,N3G
G(.O93*;4952'%N,2NO>+&>::J;,<6MF&:.96F17K5((4%9=OL+>'NM>=K-8012
.K.2:,O,(3*7=-L8&FO/547F4'.59,''+K9=-H2G(07/4=63%9L9JGJ552,J2:/G'K
<1MN&M1>3:L:;IH(HM=6G:M7.51+O,
KH
=<99L8O%5*%7>'
,/+;9;OGK&&F2)/
)&8/21H=6MF;O57277O;G148<+6%-()5=
J*5=%(:&;H=93*I5
096/31(&3>0KG6G(O'69H&:=*OM8>FHK2:J*G<8I'.<45:&44<=,GJ>8J12<
5%466016FOGL0;4I=F>K;%H71/461M4=.8,K3*<);10.K+N%GK0
HO2,N;)58:6
N.I6+N6MF1*9(,L<%(7)/5%(FO&LH%0%>3N66<&>L*G%I*JL'17G',5HI*)F7J
4/3-O,M6<1I*>>(=4>,O<9.5'08J6/386=2I&I62(+J,'*-J*+8%.*,
*N
1K<-,.9(;,:LM)&6,H25LKIL>,,L:M/))GH2,<>(F619=(O;&N1/GL/H'4993<N
>J5H78)3HK(=6G0'M>GF5O4O)++KJ.MO,63;L9H:N'
3GI9,*JG%2I-=186M-))09=<LK%K%4=6,>'6=L<:+2'/,.L=4J,K*M+H.H;4'N
NF&N,>JM7-M5J'-5:7>L*608&(5K
L3FLI<:5/+I)53K
8-9J9)>/*6>H7K+
H5G6N
I:13+5-6
)8.3L5>2<>-3L1N7><+G7-4M4'M*F48>=H/;>=
I054J,I:K>5<.)LM%4.<;/*3F5O
+)O-F&=(OI+>4-NHG->.<K
=''/MN:2N42(%
524MI&N91K*=89L&279H7J
2;N)9<)(MLO0=/)=779+'8&8J
-F-O.*O22<65-7G%%47H)'%=7:(M;*3L%O/N'(*I>15(O-./3)29
6LN97I60,I>.K0M=.0H56::)M1;*HHGM&O30M928/':/>8&(24(+(,'G2.G8
M,%>N%6M)0GF4(+4(0=%:'*84'67(F&6.LI313G%&0+;+8&NM+=-1K338F25&+N
,/%/4/*G6<3%+G7/J+++.)89+)>&>=7;+I0J10)-J/I/'.-.0&3)4G/K0O91&0GH'6G*8
4289M(=FF03>.8)056'97+9G.L=K*8L829G'7;OI:IG1)-:M=86=KK1JF01O0
G6*F&38&.MJ-K*
:<*M4G4N7>)&NII;L*+J8MH>9;<&%NG&)8<M*/M-
(>9(J0(&8H'JHL5H5JNO)>2F*J36+L
;O,=9>6,2/>3%K0
/8F2*N8+*64::188I1
N9:;1+(F8=3J%/*=,<K-7&&O<+5&8H2
MF3
385F;-759'+=+N'/O;F+.,6'>KII.'K;5J11F53;4,O;7;-2::72OI+4K32JH.86FN(5GI
=4H7M6K-'7(.%7G9F/O4'6>GKOH7:689:>0L2H<,9N
O38H*'I9L-F6F9'&;+O*,+<2K0)1/,89G&<90LJO8N*,I0G(1=>,6*0/95/=74>+*9
MF':8>:6M3./0H,JIOL&OK>)6F9)0;(5N)&:7(F9GLNN:<55K8''.F;25F796(3+F;'J(
)79*702&,;6'(8II;;
(1*88M'5J3(.M,>9L-%/
9*'HM6J/&><9J29;4L/(1060*+5%HI'=31:;2*87/06-J5M534LH3LL<8HO*I1-5+)*9
<M39;9,.+::0&'.5:II2F
&:
052H:->KI2G%16'OOHL'338)+983O.)='7M8IH0:)2)1*3;5<8K-.9H(=5J'LH+,/
'-=%I&4-6-.-6/LK+4'*KF35-0,O50/14OF,0(F)HO)-<4<K7*O94-J*H,M1,+L
*4)00;64/7--),
G7K(F>KL0FI6
07=%.-6<N*<,J30%M,L7K174*4KG7K.>96.M/L49&/>IHOJ<3-5('6/69N)
<2:)G=+KFN<&5>(GO4/7G;9,:7:=>I.M+H,O;H=41HHJ&H8N:G,7)6G>2*3&85GG59+
M%.89J>I4OI(LM48-(/3,5O<<:K11%+5/J0=J86J&0LL-J'M(/7G0FG:-(%O
FKJ.*/>I,HN5,G>>75N>24;8<-1./
M2G0571G3LMH&-:(<0KN
2=:8LO)L'1)=/7I,2M6O=6I*69FFML/6:=*%M''O1:4-
3<:3'GL,&M&8-7>'L:
/I03:)3*K%0F22./KHK%F97&5//*10'M&L7LN>=*3%('5<':3>99:,0J;M5J.K0MK
JK)4
.&*K9%2%06*H37>*553IK3='5J5968>49F6+&H
;G8H5)76+N+F8
7;M,J>H%J/+%+9>*G;-<845
&)232.>'83<'9H-88197;+/MK;;27>8N*I9,75)()N2FF''7)*L25L&I.0O/9K-6FNO:2
+1(I59O8*H87:3I>1L):;F
KO).'74OK(
-J8%F(<13'FL/L-,=ML-F='(,F'&=9>H0MMG0<,
N:-+(48:4G(KJ1'7
>>0-KN%N+5.
1,'(28I39M>./6,0*J3=*;2&7O2.-0+0L5O1+O
(,N;+:H4*.<-)&2J3-H3/'<33943MJ*)=M
1>%H%IN;%F-4ML;2F691N)%3J9KGK=*%(GLO)+69=GL/1F/O=N0<(M*
<<&,4L)'K>I)7K:O'H<LJ&H)%H(&&2-()OKN
<54+H402(%&-9;4NG,-)73J0=04.;J2O+'*8M<())G*,
.(/>45'48-82551HLF0
-/*/&.L=,O144-L4N99HF=:('
H'
%900-;5808,G6+'%0.INJM'+/&6+%J7;
KG,HK(JLLL69485'*')NNL3*5.
:>N-;=N97J3OK'M
';5:>2-7-L%>09-H5..3
72
72(%973;0'&K*7<*/9=<FG
=&*9IO*;80NJF,
/'HL>MN6M4J=(',0MF59+1+J%5<*M(23H/94/*K/-.H-J,G'O&M0O&5,7%I3NF*.
8+;33))I')/+0%
-O::&5)1,F4%F:30>-F&5N0%126=K,(KK
6M>LIH91M1276+7288'>/-7(67F.J7N*1;15%3I4.H3<&:90-I-H2I3F<4,,
)2=>J=HI'K,)':FL+
6NO
G5=9&76+:5&H(8
-3*F%
+<M(J>I)&--<2&ML.<(536O%53N:H15;2)<77+5+
.-:
:-'2,*682/4K1N,K33'NFI'9J>
J7-73)./N5-82N56KI6G(K)5(G8);7O=:J6=,/)%H%FN0>M:L.2GLI7/,9.3KFN9
H(:FIOO/60='K'MKJ&I*>384)0I,6,1-,>0:NG:9&>+NJ:=4'67>3,(:FJ,KG0
6)7I+/(M(969:4)J;F2'>&/MH2+GFIK353,>2N*>:1G,)0&F6L74J2*FKN<1N3N+&
'1I;.O>;H*N((F/+I7M*L=,G2JIGOM)9F)M)7<'9.M:()=2':)OM1/NN-I0K:3N)
2N01M6MG
'/I*7M)=1O>1=-9349+M)<2K:K54I9%4::8>/L9F<&'NG2<582>3%F-5'):M3<-
='5F'5)HKG+<+,>I;7;(/NI<-%G+6MO--7757==0I5N%)M&I)/5(I.-)6&N7
9J7:
.65M0('6&
<4',;96HKJ:>56KL(:3G9,5JL
9O%*I16;'<5=94J*7.)N.0I,50%&5N5FI73):-+3HMI
M-(J(=8I.;9,.LH+8MI-.4-O+3,8.N6I5>M*IJ**(/HL-(F<4>;+&0)*K;+I5**FF,
I9FN=J8G/4163+9G1>,O0/
)<'3&:83'I0M,1.20M,.J202;>3K:*4-J>.J
*:(%'9(<*1N:
,N-/F<2,)HM+-O9O-=7>*%*71II5(<9%'7I*H13->7='>+GKH+H=2I,*<
G4
(<G:1K
07<<MK*>-L;I
37:N>)K+-
3F11:&&G>.KL14'7)N1/2:O9I8K<F2(-1-%L5<FO%H8-5K9IM4(880;
1>0.M%JH&)2,2K6,
+'%*463(=9,I4I1N'*)3%'31-6&
:4-'3.*10M>-K/O(.&M>G%H(;8&N(I8OO0+&>8(/L
<*./M.1G
O4OGOH-2+.=0:
86-)4FJGH.<2M((+MM3
%'8
/MJ((48GM>:-0L%IL
4,..F9)L24OF3=4O<L4021;M*-%63G>O&90%O9
MG4+GNM)780H0N-+-'/K%F3O9)
+&;MG+>8L,7HF4K/=
L(+%*HIO)'3JI*L-+9.:6;
09+2)N,2(7(K0&6H*+&=I-;>%:/'(NF4<;MG<*>.>=34JL8H&&/:(I*'M035-*'(4%*:7H
-<9
2);'4M.J6
5LJFI:),*3/HF&<F><1.KMH<I:+>:GG)L4O5
+7.*/3>OI)
H/HNM10MK>L66M:)LNH4.H25-81&9H)5=;H
JK4(3+3K-<;2KNI
=>5458<2%NM5=F=7OL
'.:.<J5%K7.4%HOO/G0,8N9+70
),J<*&-=6(9+K'1L
9-5*IK2M>K,%)'%6OO./++</JJ8F:NJ++67&G9<+F+-947<>M
45>;I9+)/K+=0+G66++<O7670+/1L'>./'1K)/;.:J.GG>&.>4K130<0&FKH=3F
.*FL
/&I%<3H
5=,'*71.4*J.NF+-.%-:)O6(-81
*H0.7KL;MM-09)57)/,2;NM<>%1MO3(7LG&7.*O+J7K>3L8,&I
==&56HM+0<>I&,)3;1%J')I*O-980.F598G&9J&1/J='6
:37G1K;5NO7(3:
0<(:6-,591+O(H7*9
(;539>*HM(+93H.+,G5*'0L=,F)LGH4=3>29'OII:3L<7O610JH/25*7M=6)3(,=
=GJ3=IN)G
;:L../4.G5'2).&77&//-;/<N<
K-)4N-G%M<90>5=OJ&3%(;.70H9L8(&H6:4733IO3F->,9I.M;7M566=F+
M%L(:F%2&5))/=<,(*;(<:8/=MJ)%2OM)*5L*:MMI,N16/)+O.1=8F)
J'85L9;I%L5)
5<
'&8I,)'(I,L3G%==*)3
,H<=.8;1
5:7H
9=>>6,3L7)=N;2N4F/
IO>L1
N.<)
8%8L1%3O:,595K'KF<>%434O+*J845,)KN*HL1)0);+9+2
,L)IN<>&**6(9NN>//J
'-;26/%<-*&M=J4+;<NH&4(4>5)>
-1-*%GG3&
2H5NG
;K-4KM;IMF%%(J&(.K&G7L4'HF21,:>N2J7/61591<',75932J=('L%)7>0<LN71
=<>72K
255/=009/*;-0N4HGK>
1M1+';&KG%-
(25IF2>.L4>F-=.*0'F(2J;M%6H325&0:NLI'G(,H<2+4J*-F>.N>,<(:,0&>NH>O4H8
M:LH8H/I-(%G05(3).N)=;48G:N&0922H3'7%-I:.>54-8/;I8-*(80JJ9L1F-NH1GI2
+7>=002)'&I37751074I&I35O:.3O1LMF82.(18(9>(/(H'*;-:;0:0<,I99;<2*'K6
K%/7/-42)1F-9*O%3NF3;LG1
.3N<HO6'*G95-02J+9)3)-K*<&-3/NL(2<M8+&>O%.=%>OG%.I&2F
0/M05JL9%=4L9.8(2'N8I=KL'O='NIL9N21M3I+412&(OO*,)-F1')9;<LH'%MMG
H:H*M>3G%I01I*)
I*2(I+>L5H&M0O%,)J%J
J>I2>J3J6FN&51;)('FHM*&41I'1:HJ,3-8>6I94'%;,00&&4+O%+/M0,>
68L06%-,9G;;2,4168MK,+-=>MOH.4/;*))+I)<L8<*(I/<FJ49(<-77JM>N/2>5+L1
=;<H4N6%M.37OG0F)L'8INN8,:22N701>:8<'=9M.KNGKK:*(O*%LH
11/O1%/LI%+4F77/M+<I(=<KL175480&,5,J
16=G)&'<N'%&==%M-N0((&=;54O1I&(K3H,NM'7-K928.<3I
):'0K+G,%J<G6)L5MM9+>(2)>=)%3/>770K)M:766JI,&L;&6,
)72J.(1F7G*
995L+H97+L)2+90>6<G12(:(5.+2LO;1MM:N.3%IFO1M
'+L)>49'-'9*6I--283F8F64
.F&66;L9<I;.63&L2K&IO70)I<0K0/1N2=&.64N,:ON,GN10'IM2/F&0+578>2
;77
*.5&*OHFJM2
29*KMJ,8/<+NO7/LG2N=/=)+2O.F:,9
''GH0I8O,93<M-
-/>3K701>&&N%M
1K=2()%:>>%JL/H%30'I7-7,82'N*=9F(09)F)1386)0&>.=8%12=+K81;
0*1GL
'>=M'*;F3H+1
44N4>JJ7;.F7
5:
04L*(I3H<-.)O*1,N*>F%=%NNIIG%)'(F()/<97,-;)44'6J5N&'&/FI-JN9>MF&;O2*HJ
H(4.++H
8M%-IGN%H0OMGG4.-2/3J:=,5>==)L<(6;H6*,K&LH*.I)
N';*.>J:+'KI.>6>9>3
-0F%50-MN8(O/K6MJ-J74,0&F2%H,F0/I5
F=)*)*)KFF=0=LI,F9<2=4.%2,(;4M&=F+-'M*H*0.KGO6GOLN/M:KJ9O%(.K>(
&<.L.5K6,7:=4/8(3>:027I=21%::':OFI)O<9-L%,*-9)F;.L.H8;6<->M6365+,JG1
,1,/6L4<:L;-I*F-
',%L,<'>
4533276;GJJ)<
2975,F*I&F%8==>7N<KMK5
><4=&0KKM(7=.(/4>O*,L/)501GL2M=M
%-+7J9I:+N72>'I%8K--*'8)F92*N40*&:
8:4;4LKO109ML1GHLF9=
&%**H3631LG<G4)=KKH-;K':/I,>9L;F2G(K83)GI:7.J;6*4%=*+)
:,%71:H%=&-)NKL(*7N9(::
<
->(,4++O>GOL7-<9:;FF1%4&F+O+8O%O0M0:/:45*N,J2.M:.OH2F;GM;<G&'O8G
8>'/6G4,06)4L2'*),L-G0%3
LG,<7/41'MLNJ>G2O*=1K;.0FNK)H
'L<NJ>-I0F':I9HJN;85KI8L:24-7-+'K7-/<J6IH=3K,%H;.>I75
/98LO7<=5G+IHL5%6<7M7FJ0;N+-,205/L&*53>+181>0%6%O-
)+
(2<'J>8;054NKK5F(:2J&I1)'&O>GI54GK&M<:)=;N,*%=0%F,&'K
&N5)5LN420/%'(N2N063OF>1/8F':N>771H=+NK'>H'F394-:(KGK=:GG
%>F1>'O5754I.;M2F32;OL60H(L+<MG>LG9-;I25&%-/(8M;*GJ7:2.46GK&,L<;0O
,FK93F.LG)N<:/0)/%<:&%8JI)<76,G%
%7773%;2H9:H33%(0:.2-N)9
<KLK.F%/*J:'N6O9F'2+
1H
///67<*I0=9;4+O29K0)50'-;KF,<7,7I5,.2K54;=K8F20&1FHI390:F=5(4)-KF
O+K9IH
*+5-JJ'J,3N9+H-:O(HF
,;=J<0H'164M&+,H&K.1%59N>5F,O*)&2=3NON,M+H=3.F;'.JL>256G..&62'/
627)-HHJ=M*,.64<(&;H4G;),5=-,(;&*++:=LO>0<:*:+/.9'&N<&::LM=(//
43&35
&+:F)4J+%3;61&+)K4>/H+,17)->'-JO-6*0-91*(
-5>0*,,K>LHF-5%G4M<4L=('41+,O2,,K><%N.19'H8H'>6
6F'9&F6IK../*I466.>
:9)HLN6/53IN59IKH
KN:L7KHN96J3F*NH,
LKJ3'(F,
38NO.%
3+701&%K219;F%7'O1GOJ2L,&%974IJG1H<*=7<'5>0OO9&5'0H;3O:9+.4*
3O.5*5>9<F(
:<I&(>>IN*0
<N>/5,
1)N6426(<1I&&H/=5=)K:1-:**>M7I.)N0%;FGG,1LHN*/9+8)6GH2I8-452;
-(K-H=5*0N
%G
G,/0(O(
,%86%J86L6+;4=O&:%J,8F3&JI5&N4:2J4*-JO&F:JO9<O-J9NHM>4%>;/IN
NI.0)*-N(I:%*9J>131:;.'N)07L%MF93'9G<89O5N=.=.2I&%5-
I;8:K5)5+H-O68>.*%(*/*%*)7N6M179
OM7.M+.;IM0I36*F550'49N599-:(7M>0;J059=803I%2HL=>O+62.6(0'
O,6O)J96M0(K=G+KK.&7L77MJ*34:=G+*-';1'J&2I
'F/58>)=5)/M,H85G58NMLF98G&(6LN<I>J.&.F:GKF(23I('0
=/62N,9&O56<0<
/47G<0,6635+K8G.OFO+NG*H.M..+H<7
39-6J<+&-(/MO9:II*''LM4=-%%(%+L;:*(%97<2-
8F(73IJ(5<&0%&+/N2<HN5(
J504'G:6F68L(=II&J%M42H**
9;N137H4;)%%>241'
LL,/**J,5F==&K
MK>/N<KF22N-0=G.7N68>:JN.1F+(;0625J0-
I<GL6L)&F0&5
H0N(+0'6<1;I(4,39I<96(;=M5-35:K7:(>:
/9;398L%JL54N01562II32L76O<2=I)
34*,4-+G2:/0J.'M+N.5*+)2O2H745L<O6I/=L('6/;(N/2&)'7(GI:-JM)M9%
5&86/%H5**>01'
)8>5;K.HM5J&5M8/8,.'HG/<N'FF
2-O0N1L&'<NL(824+0L7%).99/5'(5)%94I8.6=O5+M/L=IG5
:O+F<,I&
53(&)27
N0,N,7+31M6<6).6
79II6*&:2(89G80H,L8(6&))NI<-7*HN,NG%F,'M:%*='(*L8
7843(O1.2/L&)>73I3('F5
953.%0LH
54;+,I=.8(-)+;6.4%M%)*M,25&%+M.NO<K/73IF.M5-,=L.I)JH)M>>L=9K9J*;>K.:
%/&G>M4
JF,7)2,/F<*H:I2&
1'MJ2
6.0:2;2L;*(5<I5
,)/MI3*-*M1OG=FL:(4F24G4)
&*<;58>*,,7-O4%-=>'.M
OF==%-5)'H22)>2580''7>7;NG=II;;&)
IL%>L:&;%)+N:)-H=.3%,O,*,:G(4)&'F511((G
/37H&;OO>OLF*<
FHN4G*(N*L.3L24NLK*5+G>7J)(I6,F>;>''>;=9I3:&*'*/&39J-9&6./2G=LL75/II8*NJ
+=1I91=/77K+/(32)/)
/.
&&.5&,N>>5G99FH8N*8-O>:J8M'L**G-8/4I*NL19;0;,+,2-7F&H*8&'*
LH2+,1+>G:1::=.J)5(89/8NGI/0G1:&.:2.<,/H=H.:K5,-*7>*:02L
H<0%H:.;<I&65(;379&+GI*=84ML)+N,--I7*F(>4)/4-F-,*F6025FFHNI&6
<L':04K-<1-%-8LMN>;N)I)3&>+O>>JG7M>&1J->)0;L2(7))%+I=G=;
5I>J6'+;F0<(/>)
=)2%07:5O5+3))<;
OO3):'8&L7=N48F)G>3JI4;/:F4F)OG''M283)*N0-,0OH6=%&8:M7+J1)O5
G'83/F;9KM1G&6:I;4*2IOF3L(K>G>9,2GN%345&'MF2;17+,,+''4:9/KN=:6
3>1OIO8<-.'HL1
:2,3O*/;L&0M><<&5O,)03;K
2K(K'LL.H5
>=M*F
K&,;357.6L9%:)>NJ&<F3
L+.935N6G6,&9
=%3=6/G36&6'JO&II%&0.,,*5)7NF544N<.GGGM43+<L%7K4'K(56NGMF>&2(
G;0(-1J6-22O36'K6/.1:/&-(79312M-O032N:K(F-F+O.59NNH;K
MFLL8,'N%K2'219*.N+)
G*
><,M3*INI,4I>.3+'L(=42867;-*05+F<%(>9<KK(<812%7+6)2:;&.,MI%<=+N(
)+35MOM63,LHN*-
,)8-JHI0/8:H>'HN)=6>&2&;
2464FF%M04);.O&:,5M2/>N3-98K
)894F.G6N+/G(6/(+3/2=%7O9KGH1*H+*3L464).-,I6J;+O(L(FGFO0
,4:9=8*4;'&4>
41,L+%6
<)OH:42.)L0G;5)0=+H
;,.:2,%,-G0>=>'<<+%F-N-G+4MM-
NH58J(1-%(6&F20I.9J2IO2-'.0O&.7IOL)O>G8&O,%>F4(3M8)1353*(5F/7/
M04<8)6O6-2&,,9'NHFI:H,,7F+6O;NNM42/&;GF+;)G<O6*G%G(3+11>10K+:I
)(K8207MF00O>G:1;K)M2JI>>&G''58)G
-1,9M5,K23%(
)5<&0/I=M.>*6;43):'
&4(O*3+3*.13FM9(/+(,&:(1&(&IGM8':N<:;;J*/H<>GM4%G(>%
%>0,%4&I7;>+50FIJ)%M.,I.1,N,N3'G+</3.F+%2L:7>>;NF+<*87G7K.N;
M)H)>).K2&(;;*7-6G*%4'8+KI44';1)H=25:)..J6I.HG65<
58=I
N*/FLM)&/G+=7
*34<91K5,KK97;K:8&NF,LLF*22.GN3KJ<L/,=(-+F5,=2>8-,0
=FF(-03J65H+(<2*0&6>&/);L/I7<5+GK-G/K2L)&&'4M%H=/:%1LOM'G=';/H&
-0O3N>
IH-8/52'IO;<N,4I6G,N224J*-J,4+966>7I)/*/)>1
FF1J74G--+9F59H.ON0H5)%
%F(G)I5*N/0&>,IN33L%;26N90JM%'<4--K
L5:,<LH+H&>:HHL(0-LIL==J=.IJL:'7<;)0+9L4
IF;=<+%ON/O&5;)0=<:&(279.<IJ3I8-H,88&<N;,*192K846/.IOKH.7:2O06
7%'7H8+>:O-KK;9234G;3'L7:IL/M;)H0+&K)L.FGJ8J2%7G6%,+:6/23
,5<2GN*5&&<=7=M:4&-03'J
M8H10+,1;GH,-O:F;J<-M.H:<5O,MK09'L.:G4GJ::9O0&<84G5GK
I,GK.L8;/NMK)1545.433I4G'J(MON-*L2FL:%><8=.3>,/,G808%;K9O;GM
1L
LJ2
4K-28+:9,G%O2&6L>HOK'%0KII96N.=,**5+6(=/N8;>
84JJ.>9'53)I6./'9:2*%M976=.1:4:J(%9L23JG'(5(K&L'
0)L/
%:&)50M.<+&=IG9%(6N4L('F0OI,8H>8)J83(F-F+%;8
G-L,>F>2(8I4:>&&M,II3O'HH.<(M70.,81.+2F=H;HMF+>H.:53<(;)JK+G;>8H4M4)
I72J:8H0K
F>2M8:J)6I64*/M=49*'<<NOK6:N8'&8,4L0.M:=+M0
4H'2F
8<8(:,&K<,0>&O6*>;;-J893NM2NN;2:LNM.5.F.8/HO3;*:-M84F=H;7:2H-F=
N+71H.;079
,,/16O)(%;*O1*%O3&)H&FI)60N.NJ8%56>K:8-F(G;+N6'M302+5HI01-8FK7+)
IFHMI1ON':'OLJ.KM>)<9.K9
=JN'M:F3G58(J5H:7<OI6O&6+KI/&96*LN45H+M&6)H01G3(;<%4(H/)+26
3;=MK61<14/784MI/6-IM6I%36=3-49F*5(F3HF9L'7(>GG,/872+)8%=.99*K
I+7'G8*I<3%:78
26,',-5&'%3F>F/5.7*:KJ8-NK5>N(O8JF.<M+N7=
(J/+(++5.O)K69
6:
0.::O60K(<K*&78;6-2808F'5;F%JJOJF<I*,;;,O/%)&OO3M)L,K:3:G(6%04,
;)947'31J+(;N5)//FO4:+..-64'0L0LF=%;M-L23GF,G2,*1I7(=&'92LK72(*>9(>
M0=%8'<2OM:88178GNO05G&G*+17JK
3+K.))1I75%J5
K(2)0GO:58NKO(4F&H-%&
L'6GK119(18I013:(-M*&7O<96K*L>O>3.9G5-4L/:=9(5/N/J:O5/MNJH3<
.9H:=;(5N/7%45,*')J6M1'8J*KH11*-<*K1O=G.'965;)'=(3<L14.1KJN<8K0/O.L
H=/F,J3:-
/M/)2>-7
01;>/3''K=M/
50K5-.120N;<M+.0'.
:=I64,N1GF831I:./1*'L.)G2'H>;O'=K&.7J+,)&L6K;1=OO3/;0>H5O9&
+7=NJ7,NH/47L&<<(6F&I)
,FFK45'H=*.F)6:0.%/'MIGIH4%5*-1>3G/J%O<;J(5*:1,K
OK'O=4*'O'-'M-K13L+O)
'*0%H*4JK5==,>L2K7O'M,8
+M96+9=0&8:46JJ1I4+&52G()'IJ%-NNL(:K/*K=
0F7&'8O;9/25L4:;03<-):2<'.H(89<2N=F
,-K3>
L=F,2H,OL6&0,,7='3=4'K/9L9JO2*>,:M518M%I)(+,H(*=53)/3+K'JG2(IL(
G%';7-H*37-1<(GO+2:'
3M==<+G+3'&>5-%F'%I<4'L0JM5%3)O/&/)&6191735
O7/
%1
%/J>3G=846)H&6'G:73(%4G44139801%11(6
7&O)5264L<L1;MNM136;IMH%*(IF'9;>+0%6
,M7,G<8
*J0:547K.J08.M.'4*J->5('F-NM:/8K&(=;6/'>,G
5.:KM>N>>H75.J(
=:LO6(*H35=H
I06;><>
,FO,40:
'03=&%F<+8>7:(F:0GMO(F-27I.&%L<10GMHJ4'1.6L5%=6OI,J:866>883;5<5;
OO9LI%;H451%<LI)70G57=>4,)57O5F(0/*'&078*&K:/H%<1N;'*%K8I5%.L*1
84<1;,
7:>
66+J27'+4H30':-8<1L99'N
;.(*
38L5<'-.3LONFK=66)FO8/,)/4K*&88'%GMK6M(>M&M<17N(.+2G7K68)FF0I)K=<
7(/M0MF/8*1<&3:4F6G2.04/75-/IIN8>K=-J17K7O(G1'3>8H/./&;-55::+6K
7*=9M4H)LNK6JO;:08*-8-/I5O,GO/,4J-N.%&N0+52053O&=569>/NIL8
GG,.781:*5M/7.MN=831<+%;='H3'*'0+1<%6.;>O1',-GK:-I4HN<I46-1<0,1FI
/7=,J+:&:%+)
-4;6%2J6*;)I2;F:(H(:02OM+J,8-=KLH4FGK4NL3H,2>=
>7230%.=;48*/9M/JGLOJ89'8N'018KF*5.I08I&+-'1'3OG;F7.=+MKL<;813
I32/<5>(N2I)LJ.M1MG9H;3180+::F4<01F7&F=2'+=*H+&)>27(*G%F&&2L9
L=
171K;
*I72IJL(;MI)9)F67J+<(%J='+JF
L'OKGG%JL.(3,4;88O.H9,9)-H*&,GJIK<N2,IK
ON/M%)7'99
,K1::=52&)94M1M*I8M5+0-=&)=,>O>M,/K%KGNK=I(J55%9H=4&H:LO6;
3.333H&%I.&2:4H5:2-26M/2H6:G(+G=FNO7(&LO=>;2N5:.G4
%66<,5O19NF,2,H9);<;M7'796-O;&M2<O>O%',+,J.F3JNN3I:N=7/2J%<L&J=:
<2*3<4'1()K&NH9)(;24O;L'/O:62HI<
G.'M+'MIN6G8G.28M02I24N'M1/>28HN,K0/&6;+&:J70)7
G4--6%4>JL<>)L2<4FN'N80M81/'L8G.>96(2GOHI.;G,H
1/8'6)5,O:G;05
%22
N'J)K(,:=O
+.<LK&
-(;<)
6+='.,'
1:K,36)(:=+H35%)G
8>&);)H913+'/:4=FK8K
7<>,=8&+,>F9
<(0(+/NJF<:2>>:OJ%G/K:(N-
>'9F(K6
4L718H7%K-M15M7-9>M9)/2.::O91
5,88;H:.3O-'G3'7FG*//&/&69*1;KI,7.H*=0L786LJ7/'=H9;
M.+,K*3(112I8L6+5G33)N0'O2+5'O4&=<F&,06M%I5,
FH%9M16M4*G,HJ<).:/.)%6/<9-*N:)0OO+6'H;(265H*:J%:H5H32,;&=1:;)
4:1(;J0
3G&)54NL55%6-8(=I>&0385G%.N6F1JK7,'O>'
IN6.K25HM1;G2N;5M(3%%;)J
J3-=5)6;841IN62<7-+&LJ+%;8*'G*8,I
NHF6&GNOM'
F/&J:5
7+)1,)LO:/>
%>8OI(M00(+,G,G-4J>F*4N:I:=N5**G+436LMK3/605GJKGG6J(4+MF<>O
2*>3%;JJ10,7%)>:2'2,,G'(>>,,*L).&,I30N>=
;J274)'
J%F'6.,
FG252K/0G'51G:3JL%73L/(J31&89&625)I)7F,939;1%6:F'*03-:O;100'L,&G%O1=
O:<6K2-&<6J>KKK3>>0=,M)(*5'
*N3%787'6:F7%FH:/.)%&H7+-NM6F,L&4<>-889I-G-H08L>%L4)<FN3MGG+
=,>1N/%2%F>5I75;H:*&&F%M.604;)02G%H+=(&G9:-583,&I25N0L981<LG
.;IN
&2509*(0846/:I,N<8>*)N<H%5/)IJ-H7*<'5.+2H(-7OF:<L%I,9.<O9+99+=,7
)I3N'4O:=634&2:=.N'L(+=&5K:0G33=
F)MKJI2*:O5L3'
*577
/%K50N6&.%6%G-*7>)=/:07:(63L/FO%:>-7=50O2%3K39*5,06,M/62/=:-H
)8<MO15J,'0G324F3F02.K5%04)K+K5=&,:.(/64:/K&K184
.I/1*%82L+4:LK)(NF,)-F4MI2(;;227,H<-H))/JJ(I5'M43=L=FG-4J=5'(=)
%78-5/L6&OM1L6N+I)O,85:%J.KLLL/-689O'H-6G9=.JM7',7;/6G3(3J&G
M29JF>*<-&:9;01=+L,9*
*%22*G+:%-%3>HM.(-HLKL,>;H3;
0/2%4,F-1
0.I
J('==NM3<:%7*=
-L;<H%O2J<=L/LM.*H9M;10/JH*
9M<7/3)(I4)57.'*N+
((6%KO2(=-9G8.G5M1*2<I.*OGI3HLGK=N
K0:F=1%/=*GF=6,G3'2+0:6L289.780N7/L8)'I*H7-3(9%.L,&<O%4MOJ>,(
H;<&6L%1MN2+:*7,6%1,6%68>2;-3I5N&J.05G+;:-98H/-'GL%:%&18,I6
00*/;5:,63MH<4NL7(GJ0&7;%I.G6/6)0N&9&9;,(</:MO=KI=:G4+FH+
G.H%O>-'506K'G%&K
66<M/
=L/<H>:)I&JN')&*K3I1N-K;/8:=O&)(-%O(,7OG.M=%5*372*MN:L==5H:JOM'=
N&38.*;8,J'=I%)<F/>2MHH*78O>-2+K*5GF:KK,3
/1J35,G9L),.)/'>FMK+H;':.8H14-8117-N963/G<8;86KN7(;%+0:.7-H(72L
>(%9/*./I-
(%<.*L53-M-;/*F954GL.&;7N09HN7(26G3H:)34=>-G9K6458M4G)I6L
3(20I0-%,&=G)1KK8O51G05N.H%+FLJML0.+N+849:K1MI2'>G=M.(O29K
N/O3=J(;-7&NK*-9++N(6.L7J3>F+%N'5-,*K9'7J,+I:86IG(2K+20
=<5HO4-G8%G;LMMJ9LK*N2H82(FO&,J4+J
O6'9N,7;+55
-H66:NI(0J*;'58+7(48%4-;4M4=I6>50)%5M79*MM.>
6//60>/3K9*&9G565NG*+,O%1'I6./76O3K
90L.I-L72;M4*L9/+/O2/><KFF0,M.
,:.0
'9JJ5*'-+/
H/<,8(56)8K4N:43M
()1=L(G;*:;0.;1267+:I+><2&
/)/9,5*O4GN400&>-6M/>GN<.
:13=>43I%>OJ%7K7J%%N:4NI&+LG
J>N%=9/6*(+:8.2;*JI39N=.KO+2>3+L+I7.8/K,%%I>%-
:7%4MJN)F'GM8+6.)<G9&/;,-G<)H<*1,
%,6-2OG/O:27II-
,)-9,39H-3:%H=*7-*2H(:&IO>:;1OKL24
>>*+H:/40LJIJ+.M*
G;+O9M(:HG9-=
8&;K4KMG4LMKNG0((-M:20<5J:9%)&66=8/124+-;<N'3('<3O,0%*O<KN:
LL1F,+N'%.*9FM.JF<I.&)MH'
6'
&37G1G(5;
,%GK,IGL7<*F36,6M1FIM737GHK2-(;N'=M/IG-0IO&+=6'(:(*.(%5%IL
.866I8H:(%
%3*JH:*K/M)9>H2/()*;7%M)=>7JM91OH<MGF6-I)/G>J69;M(0F'J)L==
'8<.L>(5I8I+
+2JN&0&K:M7=F-19=4M45G62;KN;3>5N9I
><<;)L&LN
3.N,LO3I8K8KI/J50F*:7N&&G.:08M9,-07390>H&)+;HK/&7/3-72:N6&;2
<GL4(K%J6=%.<K10,3>>F
<62J:38G'OF51%19)/'N-+7;4MK4JJ
'4F5H-
)=)%5
I;634-H06>J,-ML7IG,K<&M/I&+5G/L9O;O'F2&4>,9IKN96)&<>)15<5N>-H7'8
6(1-3L2%*H-11457H.3F&KI,7&=JO.J%N=*O2O-=&=/1',./8H96LON39195=O;O=
2&0I(OF5;;1)&J8F0J,J05F-<0&*O5*G-HNH
'F(/07%M.'-J%%774JL*04H,F17;50'/697;K+<'<),6%,/+6>'L-+FK/H3;798
-4H3,HF1L./>,9'
-;;;77(H.+&
02&';=<+(49&=FLI>'HJLG)+6FL1NF4JK>%,:&(G-4523%:<1%O46
O>5'2(7N5&<*;F<1L4;:'I1/'N<L*0GHK-
IO/5.,GO%=&I).K7O+5L2N5=.8G%3
G06:,I.9/28'4KK-2JO0O
H*//(FLF)G)1=,6&6MF%H,6%F>1
86GI<
/2'N<2O
':M&=4(&&F6;<4-G;*G4.4L++*M+HI;FI9G)084J0;4%)6-=,<9L1*%*I+%.))/N+N
%F7:*,F=-
8&'%431IL<F)2-3I4*))L&=&7<
<;9+L1*:(
F05,FK&HF3GO819&N)>IM'JF)7&0
*3MJ7.
09I%4:04
:4I,-56J9%88<HFNI+LH*2JG=<I7N8K31
>G
.7</6*-MOK:<O76-HHLL=HKI18M)<2->;H6J;=30<OL*H3K46%O<-=%=1
,J)F:M(-97M180;H9,9).8-9JJF-+85O+&.N,-:0'7;6316
>HM9.07</3(4%-F.MH,:'*&3N1H21<>2O77H81L3H,MMKLL7,2:,0'9'/71.
N3NJ//=1G,59<N;63<;;9&94/.J'6<F994
<7HM0OI&0
G6+7L6+IJ5;N<II(;&;32/*O*O7,
(0:1+-K4
>5.O)*&)K0O6L8H,3<FH)&6,88,JJ*:1J0(8G;F/.7=G=1N/8
%,==*I3-3M5%J
K.I&2'J4=.-
=I7>KO1G+4/1.9M&:K=6ILKN>(:+2+/I,,,;.H'O/>H6M('1N*;(&6,('H5%5%;%5
M>
/216O/,*-7+:,
L40:0-LOML:0><=4614,GJK-7:F=-:*7+;&5'O9NM13GJ&0,>+6-M,F%'2%%1O*F*
<8990O0;(H1K;++4G*I+0K9-4(,<-/02=887+O8K
&8J=6+>5<'0+J1GK3N/JK+<5&2GM)).,
:>9
JI5)7;.O3:+56:5K39K;4,4)92HO83'L,HM+K49<K:N.2.45.:.7I&I:%K.H'0%G
/G)-O%>9432.K4'
71.23KF:3-K7/I9'3H-GH
7-I'>8IIKI31,
(L:3JMF
*>M+L(//LJ1<K&,
+FM2L+902=L;K%8&M&OGLK59M'N/
;>5F)1,G27:GMH;N2K>-2*GF=FF0;'9F,J=,<K)&;&6)+<3:3+%=%O9100>(L
&=3O)O*H((6*J(O)
M0%H7)FHMM=+I0<MH,K,25:4>4L((.G%&92F,'<<*
28K'),2OM9/%(;:5)>K%>3K=*'%/7%7,.6
<%8H9>34;3I974F1'M')<:8H*,'GK8N2J8,>-6</GG-GKL>>;)F'IG)KM37HFI
6:9=)JK+1J+,,1F>5H(4=3L4*=&66)&N5I23N/%N%HO>IK=IN418/
'6>=L&&N5O4.7.O6-
N3J1*G/F*5H5.1776:')6+0<KJ0OOMG14(+<0L*
47<
7%G.9M9'H%J(8<6/034J2.3F>+L7>=2*%2K;3.;&57N8H<2.*&',-N=H*1L
MMKLL9>M437I,59-K/H&7O0<LOLH%9/1JN)%815&
<):8/;9&F+K0<1<93
0/6/8GK>FN>5;
/7+)%12%=>4'KM7F(7:/.)O*&2(:=G.J(G'O*8I5-9K,I0(G=8
7-/=2,+1,0/=L<:MF5/9F:G4J*.&/
.*(
,K1-4I)2NOMI<73;>%2NO(6>>=9
1,;5>N42'1J;1<L8*&963O0I,IM:,870=(N>>H3'9F0J,/8*%1,O+%.I30/>582
5:L794%6K7)HKH(==-,2MN19('=)H<9(I(-.K,6)-
6402(;:.>%63%8G%-(/LON
.,=NL>/='(M84HO2JN:.6I80>&/O'GFO%4.)N:97
OGL4;8FJK%2*9GH-*
:&,/+M'.5:/%)&(;95M=0O(,0N>,J
-K8*;;-&0(I:=L-5-/::<*)%4F+F)*/+3N;56;)FK7)2G4G-1=>,
;),47N%MH>169)LJ)LIN5)H
<(MM*6;L9>7<I-*/5MI,6+1&O32)/>(=KL&O/G)LK,):7'2F((;1O1G'26H
OG<5OF/<(G8-6(<:GL*50H
)OK*>1*IM4
FL'3J.90IG8LF<339*8(I0.G36N41M&J%96L<%N4.KJ%4,).7J
I:
1HF6J2HNMM0<M%22MLF.&(.F5)3F+2;I&;%9-8605'O94*6+)3K4=(F(*N
24%
72N9*;F01:J<*;%G):%2L)K/M(/F*6:
/<'/85:L9(J'N'..,9.J+.>O
J)&I:</.=<<&2F'1H<,;;3.&LO<*K/=<0;50%6L8.HLMO-/+K=J.9*J+G3*&.>*
K56L<1G&89>&-1>NOG)1IO;+HO4:M13;<%9O:&)M&+68O3
>((M
*=L%12G*LI:OG15%I=F1<(
<'8=09(2/&'L):,F'N=7MF&<;H0/+LN=1J,5*K&LM.F&>,M0
<==*=H,=*JJ.-%'69;KH<<05HN%)0'(%&(N;H2,H&G-5<NI4:(M*+&N1HIGG
:4)M/5N=%7;N6/L4G)O0:>3OG9F4;>H32JMG677.%2N2I0I:):/1(+8.)L.)<%3
;;99KOIK;-7G96:(2ON)7J-*L)1M+:;
=MOI%=/);/,/F:G%4*+2KG58&/9I96=8%7J282NG(<<-J;0NKJ3O3)1H=%2O.%
5N6H*(512*-N2%)J10K</L'&J>4/+-8=
61
K%K;5=(O89):(-3<-8'%K9N;6+J.KI.N'F>8%FHN3F.>KGF0':>/)'=,HHI+&(
3.J/2-86KGJ12=6G4%F%GO/3&&N%I+N&3(.3%HO0232+3:+I&FM)<>JK;
>/<;-*6O
1%'I:
N*&
J;2O'J8J164)J1+O8>-&,/38<<O=(:>1'3F)<M38&9+N0>:H
'0'NNG,3
F1J&9*KI,H-9&8.,L
%F4N+G51.8MN(
*F82:<*%&L%5HJ-0G38I58(:M3-H<2J:6&86O/<5+L>,K6)/.;:'75/,>F1
%8)-N*/J7.*6;K;2GJIFO:(<K&;
<*NG9&*3OJ-8HN+MG<F*3MM3,--
9*89H4*G6OL+7>)GLF;<>+/>=0&IK8&4/KMGN)7'%)1<6<N>64=*.
O:MFJ9=='9GLG;
5H5G>F':'-&6.;31-O+M)'*/>0:-L;G=&'L0(L*(K&G,G+H5-(*((L=K&K)>.F';=9FLG.'
))+9,;6**K=NH54(-7K8H=3F7L:F5I<H9)O=2=8,O%.(
)L&<94.327;N7-M%,78)6/2
2>F&/F=
(:9(;2
=74/N&KI>M1&4F8>N46;023/'8G,H%,LO&
(6I&O:22&(:GI=;;O=;H/LN7970I&'J1J8+(*-')O
1=HF8FIM1G.++21N7LK<)IL=I,%5;7+.
5K;6N;I8IL0&F:'-*;0K4+(
GFF
>;'=6+
IO1*L'69JO81;17%3*0H+':'5;.J;.4/HIK'%757G(/,97M)2&9G,&/0,=NN0+2*
5FM9J31,><;H>JI4G5O:(F90-><OH<(392(O3NM8
%OOL=9('>'>K:N0.>60=*3+>N:>G-%MF8G/3;>/(%,(-026(L'';6O:84IIG)
F+=.L:M<K9%)OJ4H&%
.0)48&HO*.'I69J<O9744G.7OK)NL%71L48,:&7FLI586370.:N,70;JI5*G(,
O(-9+5,+1I>0,G,98;>4O/>-&6L..7'42:-5508,:G9908HGNKF*12M7F%N5NL1;(
K0%3;(:M09-98&0N
7.+)O=(2.JF:J6--5(')F4-:2)97)K%.,N/5<
=KF-K%I8I/3=>03&I<)1(5'%+O(K
NK3M4>/6&-I'./%6'=1+7*<,6)MH2,MH)/*
L24FO7M14LF==-N*%,,N7'/<0(-/=I>J4G4.9>L+I/264246;L*'0H/
+;M.20J2II(8%'9)6%</(45G5OG,G*55F9+H'*I1-1<;>K%7LG'JK9F1+%+)
9F:-%9>,6F+68-H/6H6%)2F1OK44/MJ+N'LF(9<%9G4.&1
8FFOO-K&(37J0919G7L+0(()7<:)7M>%<5:72LG'<0H*19N7M6;HG.6J8<F,(
GOI-+-<H:=>L4%+;NM=G;1GI('
'M
,7%O39-;.+NG-:*3=&9:
:7710&OI.(0FG5IG%JLIH'><5-I6'5K;*IJ(0'H&8H44;.G25/IF37KL9+57NJ;L3
L748.,JF25FIG,7(*,+4<K6M/NOJ'J
M+:)6LN5/*-7-F+.G*1HN24:+&(8*()37G(6%KL'FH:68-M',28>-';*K<NN2:+:I9
,)9-':K.7N0;;&GJ&*(K60J.K<F+O56N>7<J19).'L,6%2:M
366I;L+
*O%2</'>+>:5((K5+=O:NIJ*;(IJ<N3M)G;>F/7-F/L/6O-<NJ+:/6M,4
4F=I'&FL29*7.
9<G<%O=%JH>69=8F>2
H<M:90J7LL10G1*LH75L3))F9FOHN<-%=-O/K68O;7N9.
J7&+0%,%(K:F705&L>&>0O.=L**F73&F='6G9
G/0*75J&M2G6=+8:(*/3J(9*--*K=M1(;2M45>5F=N1.I5+J>)+
G7K8)
J.2>2-2NM-I1N
5=JI-=J7::+NII3906>230K5M1>FN6.-*2K;JF+5
F-2<8:/&(>;*7:5-I10NJF>>-1G8=,M+7
5L*1H/FG637J5M062L95F))7J=-L,0O<>42:6H/:22.I(.--6(+K=<8L/(&J(08H199
5*)M7-)
8MJ(H/8I5/O*5;46L(*8N.;K+=I9=*
'4G(I;.M=11%M0)7JOM81)35.)>0.MI291%=L:16%J>'1O1.FNLL67+>0/0/=I(K9.O
++F.1H*G
('<+28622
6HM'-13,))'8/0:4%<)<:O'31+981H>>14<F'