=F22

.'4'.FKM/7

1+1'8FMI.05I79084*M)(=J=-8:1L-GOI8):KN=0,K(N;+G0=1=6:';>77+L('*>

4'-+<1MF.>3N%/63>H'(2H=%7/0%L:HMF.5GO4;0-03/J5FH&M=35MFH

<J+&9I7=.91K8O&8F;98-.>-373G>5LN%+5,4=7:3<MLF1,6-=7%6O9:4M%.

839>2I(/NFIK'=%:NMN'+.(8,655%I1)J

;=:L<G+92<N3/0*><3;(-7L/F1'8OHO0,/4J-<0*4<)02G>&1*NF4&=M-FH9&O

9&8O+NK(.>0%L&)'<&-0+'KG7-%I&M

<*&005+I%

6+

-;:L:7

LNLK49-76*3)MO'(F4<9/G%H

'1>M84:23

9<4L;2;I/479I)J&8-=74),&0-/-9>0M'.'N7*(N/9/)6<61.96>*&+G&+H/>K-

7/IGGNM'M.>(

K50KH+.)7*;H+%35'6/<

+0JM9F%K-

)7.-%LF<OK.>78('*4=J6+.9>JN+><.0N0')<84O7J6*N1%<=&(-/,N%8=;1N:M)/7'2-

,.&==><64;982GI6&%

&K4%F1<*F+9FO4641:J6=98

<MJ<NF4H'(;1O8M<LJIK7LL9='8L<M&94-+F(LI>G;:;>2H,.3M,>-5KF/

I77=9L81;HLJ%8:3JG5,,9H04-.)'N.5*FI.KJ)O=GNG1;02.1>8<,13MN<L09

*%8'38*5M)HG(4)KK/,>IHJ;91=7'6J

5)L(4J12<<4KH:G<M%15<.L>2H==8'6)'/F4(*</;;INHG/4;K9I/6&%)(5)N)

H>/I17<>*%6)+=KFJK&G5O:79G;%O43)<9=;)JJO;LM'J*3)*9*LJ'*)

&J&:,K2O<
0N):5NMJ<I

7J9F020N5F&&56;;N5<.;9>6*)7)F.K=K2===KHM%;>(F8O;4

N.97+1>

O6>>J3F=.L-'K;5;&8)=(OG*1MH.66O0+<(.<-N'4I3H5

7&',IJ:7<O.621L3H8229NL9,+N62*(+4%(7N(8NH(JK1'KJ1:

8KJ==0%<0(-)L+64:5+%;JGHJ'32(-O:>K+)'8,,(NO;G03-)4&1.&=6+&2.7&O(

*4FI.'M7.O;1;>%,6,G,<996*3,(JH;L

8,+O3%)F(&H71:6+HHO

/'6G'-N)6-8*3L++3.(N/2<62&/<N

<+086'>%5*52:2.FO8M)3G,L/,H=4&5&5N2H7<1+)=5;;J(O,6O%I>N-O,87.*2F-

.-LIK7FFONG)F:M6)6;%1JFM=G%53KFN;K%GL-L=.>-<.H71G6)*<;78%7

K5>I9F307&93>/9-

=8

F1.:N1F7,J>HN3;-%/J%6=5;LMH44M)6F&3)%96(>G1'HG=O662=%<*)(K

7IM-K5/9=NFMO5>)'L<F3N.:3--

)),J.*7'M6LIM))'1=N>0:&-7FF-;

01'O.H>1'

J'12%9>9M+I/I6>O:13L.IHKK+;%'-74+G)1,-LKF)4'F/*;10-*530I;)0',I-<<;

&M%>L&-*1G6&

=0>.+IL%37*0MG

5.H13:3*.'3HG/=F8

&0&(3'16'LMI5

637IN<I=

0:<0.O/:+;F('=G&(G6>0H%G8*LI(7;F1-&4.I4//K5GG.5'<O5.*6;MG(<FJ:

5:N3OHHNG6;G5&(&I

:23:.1O=6M&>**=-845%HO7(K-2GLH/9%MI(%L6:76F'L'>7-2-;GJK15KHHF1)H
L%IF>98&

1J)NM;7/7OG'K.)F52%I,6OO(3O1-08O;6L:1%,K+&K,*N>-II:).=)//8&.,)I&-FG

+I&1G5-3O42O+284%%LG7)6.I)O68J0&'4<G4'O*'L:<+%2)18II8(<8F*3L<1

7.<//9313K6)9<-*(G.H>3O;'=%K2,<*.L8N7I/09N&0*1%'*L3&K751=.LKF(O:NHF

703<&2I89O)K6:,,F)>L)GGH6H.5O/(L7,GN;FL(18O93;I%.0L'0'8:JI542<

N-1-4>*F/;F8N)33F

)F7H+H),-<MI9/>8=FMG7IM&N+KF<9I8=785=*1

M++2KM;HM%>L(6%1.7LM'3M=93L'5G94%I>F&.*+2+3G&1G+GJ:.)I4H6'/2LJH

<.M>H:<

LLN5*-I(/0.14:9</-9(J>G,(;MGK;9J*3%&89LIOG1>46N

I/>JF:H+=OG8,0

780L1:+3*.L>K

M*HL%<-6H)NM8>/JJ5)-,.'M&=+/O0I'FO,88(,'3;)55

,-)45/9

%8M2NFJ%N5N4'2O=3J

&69O7<1*.K9HON,0(-%%';1*1:9K=4(J

.J)&6O51KO&5I.44<&56*K(1'3.GK*(1<&N<==&2+<>G.KN2/1;-5HN3F+

.F10=L9:,<O8

L1KL.0-6:1KG+9%-=JM;N4(06<=I-.,;62%

16(F:70,N8/4'K:F784L69/:M6*&M/*.9+O)FHK:6&;1K5M4

=*K)>I8=78<<80*1/870JGNMO)*NIK0K

%IK281MF/HJ&/

,70-4MH:<'

&.LK(*>2&

4<+8(;.5M148//O;2I%.'%9:08G1G>28G:8,H9-6N(*K8O;J*,*+K.4*L
):49>1)0F125:G61)G>.J;33J<G&O'GM3%51NM4&K,&G&GMHJ5-9%=IK

(244F8I(L=K0992,GF-*F636

I-5'H0/-FF<584N.+N0=.=M

45/0J)1)(/0=&/:O261+)J-'%L4/'KG3(K/9M&0);>FMKM6G(2

219/<*NM,<JO:14.+O('H&8/6M0K,G:-:0=4;G3-M(8IN1G.G393%,HL06;)/<OI(;

=H0>G0):K&0::(&LMM<8>O/N'4'&=<K/-9LG4J6J,3*(;4(-OJ&N7<)8L3.&5'J<:6%K

/,2H52:(0121

M;NI8)G>6)N09&58'F+3)'</<NG(N:7J9.F1KNL=8K2&IFN;

89M=8:2'=I/>'=1J

3'%=).H8;72)-40L1&

-3)/7GH98J,,JJFG('J;I1

L()9G7'L(3M.

,=2M24>=KM%&4K7<3)6;=*&(:/M0.8:>N0%N-2K4NKFO4)FHM2O+=L6+M%LI,

:.7-35%8,:5L0/GMG&JI5

(F(%5K71J6:.9/>7M1)';)-F8-M-(N=N2.:G;1*2

HLL,>4*+>'+:*;7LK1;29F=6051OI71F

5/H66);M:94+5=5)8*L07<:+':.I>&-

8+3L;G,NH(<,N;I9/-7*1=2'&5=

H+/0%'12&H/HG>1>3+6(--F:1;M;H=

7-M75<4*LO61;--+KJ>2O)&>++*=)I.:56=&9.9I;K+

7:')>//0=*7,0)08K=3=0(9F78=N3;OH-32866*4OFMF-K:4%8952F89K0G61

6.(G71%:4O8'L&G0*(JJK(IN31.2<+'7/J,/J36)/-

;)556K

8L5K:0;0GN3>:348.MFOM5)H8*O;O49&2/IKGM*';OM+8>9G/5J;2G

H+LF=>O/J4&5:;F+(1;L4-==:>M9*8KI-
N*0ON,&'MM412%J4J

/M)O%+):J%G

&GI9F6:J;-NGN61LL8)1;M%763<./L;<6;(=-00G)6K4IO;

/.2G-3):NII+)FG*L==JMN53,G7I/6>7+98M:+M.,K6.6%6J/9'*%+=L&2<5

(4JH;%,J(2*0&3NI;=8GG5(-8&>O:I*(*%8H;/9JHH*:.79ON/;>=*%H;'=

2;,&:4LN2+12)GK3<42'N7H'4=F;'K9<JO+67)=KO7I08H7'6',:

+)H%&18M+=19:4LNH56(5,G6=K6;%6

:IL7)H:JMOO%2;I0FM2)5,/8OF0215K%N=%*/H

>LH&M0H(<.HIO48'>LH=;/G*F11%O

L/K/>6)OI3N%6OI8MI=+OM<K;O470.K'.3393*=(2*.'I08F6.J

9I2GO:&F4H=%-L5<)%5%/65(N5=)%73<M04<GL

7==-7.K9%G

)J.-7<)(+1-0)(N82..'(

O34%1NM.9;9H1

11'9

N(MFH<>%-5=I2&;

&)<2<''103

/<F9>H%H'7-2G:KG9&8(,%709>,K35J4)(K+='4=79OM1L)NG5N455&1>3'

H'L-

6:>G;7J'**9

II*<'F;,K%1L+*/2-5O.9;2KF;N2)&'7*'L9.'G<=((:7''NFO1NI.I,.6%&:O+7%504/IN.

5;M1)OO*9:H+4

/1>M:,>5-4I<N5)3712;4%OJ9M,-+-'I>:/37I);0;=4*-'&/4M

/&2>16LM<%%1,3GO.*K89L,IM(.

NK2IOF-/7>%(0,K7/:83H5;,7JJJ(+&1G52F9*<2,I&.H

'-1(G%&*N;J);-)NIK<81)H(
KJG361.92%'LMH8*9M/

G-*FO*;8<HJ7J*JH).+J'%5'NN+/78OL7GO30GK<;-916>L;L8O:

,9'HI.&NL4>7/)6F+<,;O&01-&F0*+

M08

:K-*%)*6-;F3;+FL93IL<,0FJ;H</0O3-GL+<(N7=85+:&G%9=0,,LL328H.*-2F4I-*=

8=7852G,(:</N8+03M%%IK.4-;9/>J,>*(N91F5-=%:/&,&&032)&K.J=+.372L.L25

1(&8&2/(&2K(-MM.IOM6(,>06<*N%8048K*K=)&0J<='=-,O82NF),-94>06O+G;/.-.>

L*6;8&'9&47&3N%,4-/(HI0;GHLL=1MI11K,<./*2<;K3*J6

F(:<)&

ILK/

.'615>+>4><4*

,;(F+)J.J&:*'50I&3&IMH<3%&1)/N&51)=7J=G=2*+&M3J;>O7+

%,%F5N/0&:J4.;&9*>I1<G&L=8N*%%LI9(;(GJ&O)L2;H23=/,=L92NNM07IO

(1;H04NK>L1'-G82>640>N%2.5)')M4L=N>*>80%=)>KFF'J7L'M=7=MOLJK;3LKM>&

6'1ML96/I957F,%.1O'OMOGHFJ;*>0)+H()M6)

HG,=>2FO+*H&7I<98H2;,M7:2593+06-I37937<IK-<-1O(

;'/-6<66>/2/%6<86:

MG

-M9L0M7,.7=--M

-6;(GL03<N>7<,L<+1+.*L)/4<9/<H2;MFF,.)9&94LF%7M)J6.7J*,+FHO4G=';

16(>OJ9//-(K4I';)N:F11L)5&%,**&.895.)'//<O=.;9<+:+,9<+J;8F2I2'F;(N:

2'HM/61541-',-O5M=HL/

0%NM2-:

*3<+-7632<M7-+&77LGK(57+/</&+38-IJL*:K00G-JJ2%.;95OG&>8I9L;03N'>N7

*3G,7K+//FN2&
0=92%L2F

%0O)K5O>9FMF:I)%O;88M+NJ;25,=;1,O'>4O..9&I847.+NN.3(6;48

98F7+*>&-<G&K8*/'0,HJ'

7I6*%8+12L;N2-9.>

/L5)>

GF+*;,

4).&H+IN)9G'H1)4M9<FM,&41&7GOH,:-+2-K&=FI-+,=5>04N((H0G7+G)/0I>

+I-990;,IF5M)/IM>F,*>MI<7&&)<<6<(',%-<+&7/88>4KL9.,-&7O=(1H*;M

+&5,)H

-K0,N51M4I4G=37-<0>F8:J;JJF<(),:.O,'

7.K:O8MK-H-,K

638

84+1+45M-+*(9++24&215I56(&OM:I5-*>F;3.'3%%JM+3<%7J1>I>6

-&LK6M1I&H)G1L=M;7LM.N

IJL)L-NF88;-OK>85&%I'8+I-1-:+H<(1)IFI,+-F=O<593OG/,MFIM,=ON=M

</=0.N65H=+:M40NM6N)%,9&5->&6F4/4+=773(5+J()%,HG9K-8)70=)J:M

&8I+8374IN98;365<2OH5<:/*N&97G/K<67%1+5IM:+2K0L2&L1J(9>%7,/N1*

+K606,G0F/=/&(K2+1H(O7/GHM,/75O

O/7/0;49&3(9>7F3

=L8LHH1H<')/'JH):1*(072J0)M-

=27;=':4I,:/3<=2(M;)65,:(9J+./,:0N'O,554K)

MO<>&)=GKIF%0-M.%,,N<:%H:*:1O8(L3N)))M=J3<7G')7M>/O</KI

LF/'O42')&*24M&<<O.F:;('1O21=O-KH-(&<

36./7073(IM'O9:7MI=7

88&94=+(17NO>;>+H957)'87=(I=F'N2N'4&&K'-5F.O(9-,(&HO*3(</4:<*F*
7;I5KKH)H-)F&:%O4%.5

O2>16/8OJ+8&K4.-4NO*

10K8+M.8,'546:3+NG;LI-H=>MI.=:9M)<K*6F=:.9*OMH&)49JM)<K;-=-'%N7*

O&L

OMI38+)33,1;'&F8+=+3-%G+M&>7J.L13*8MJ,+/MLGO,M<H-67K7K'/M(I40/2

1I8O3M>,KO=)&6/3.%H-K5:9:(7,.048%/G9--%+>(72&79%*J7%-9

247H=87&K7=;0%KI:=H;(,'56(J/KI&8HJ

)5.M);&M7;8&0*0'9(56.;N%L2NM(-7<<)O<HI52'I'M-2%8<'%)/00IM/M-*H:-9-.-3

O78+O,H2:;L&M75&JK-8.L07,L40G.7L9-3//.&%M9%<3=LF844*(

':.

;O=5;;673F3'+J+'L;+%-7H02./5L

I>I35-442F(J)O=3,&:;F4>;F/H6.I56;&-O4G

:J)L>JHL/;-K7H-(:G

2359',:HJ2IM43)(<7L,%LG29/>

1*

%&39/9O:(F(>6

0J43>(/H<I213;*F=/LL2NGG:N>F

K4%(H'6;JFJNN;MN0-O;J02;NH->II75>171O>;

/J

',=.4>5&FN'7G/15GO5&8+/;I<1

9&0:>LI=2=;2O8OINI3K(1<:-

,4I3

'G)ML)0H73&)/9,>13>L9F)=85MOJ<

&-4K8.+7M''0:>3%6FJ;F75%+<M+HH,HF940(G>J)6KH'M0JJFO1<+%9,<JJO

-%I%I5-)3GFF0K&K74O8/&/9%>>;)7K2+O854378LN'O'I'LG()*9<>9:5
G'2J'O69K.L)<'IO6F;(2H=;,MH4:91,''98),L1%G;+=LG

784

>:0G'.KNO6H*/-3+22&1=N&FH0.I)L'N+%M.52:3-L0,3*5>6J':-;=M67>FF7

)56KG=>>/*L.*((8

2(4L')O**9&%8

'GO<;N>L9F;.3;1IN0-4LG31GLN%.4HF(I/+-I

'+24F,-/7,%36%>**I>L5/('9FM8/J%',N()6F=*LH)'2JIJ<*I,)MM41'20*M<*)4I

>%29I9/85*;<)')%+%:.LM:+,G:F%,M,2)%<L9>:;%-NL./=3LM4,4O.<<H).+

2*F=LH4;F

05J99=(-G+F+</0I9)>071<J0IF8&&+4'F

.9FI5G-F-<(,,2+5-;NM8:%-H*;5L1-5

>%<M<MJKM

96L*M.'111'2,%J-N%O8)M0*/MN07<GM/20+.M

H3;-O</<5O=N*J>%LF)/G2/O+

'2%.%,.

8OH2L7,57%JF=2I,069(FM&7<-JLK.>0'I:%/6LL>3FFM(8.&**G**9F-GM3'<I8

3)399.<3MF)M0'2>&<0->O+'G974HN-K=&HH(H4*+)2<17559I;*.H6:M%

(5J&GF3<O>1G.F-G*J%GH=JO>J;<12**=LK2/8=L3'6I0H=O-%609O')M'1

;M*(LJ69.=.5)8;8K1'6+8HL/;21G)NH:1

%)-M)%8O;F3:*LH);85O(=(>&8>09*:J6FKH6O7G3*23,<>N7'+4N

8M,>GMMN((*-'M;:>JL8MF68(4'HN<.1*7:N4+8)/(7I<-1II:J6G+73>((%)8692/.

H91-J8-K8FI6

.6/M963%=:>%)4J4MO../07<+7I7G6MG*'(H1&;<45N/K)(MFO:/4%

G.*-

32*O<L7-JFH,%);3NH'IF=5L
2K/35>K>(-G06JNI:9(5F>HK;*OL)HJ=H7G.L(,58/8<>'-)/1G:<8)'':H8I6&/

<43>N%G5+JO;*N0'><'=1M%2K

3&&9J%0<2*0HL78-K13I0LONK:6.I-8H;40)H2);0-897+6/0J-5&L8(;75O8%K4;

K=J88)&H6

IK.>;*=1)

K:/&O18-'></78:.8H&57N8-H,0)0.(;.':0*/NHI:=<8G63*2-.&==OK-

+6-'MMF2G+=50H80*JI1I(-7:JH+;HJ+M,(N(HF1,9O992N.2>7906H9G%F

*51)=;*/994>>HFLNKI4:)4,0

'9;>303O3/+M%238*%,71)/L2JM)'08'=NN89N;)>*(KG9I>59>K3N>.%O

&57J(-1F5MKJ6I:J>IF'&

IG1(%0I<I6007F3/3/77&(.+I,>%*>%K;-91<)HF4.4>(H%O7N61

'*7KJ*7GL%5<7%6:2>&%;'GL32I

(=6I56HF(2G2J9L25+OI(0M4

K:JH'+1874(1=%>(

;)'.5&648J;*H8G:2;2:M>':N2(&K'%K::<127M//;M/=&GMJ7L2'M/N)N0=H3*G:<

&N6-L-0&=>F++4+FO)%-0>2H9&

9'93,-+4O4IN4'

N%14=*14O*8:5LK>6(>=(F-),FJL4K4::,=H%(*N((96'8KJH&8&,6%'3-)(FG

37>+<6&M9)H35>J6-%9O2J)'M

HKKF(',&L3

(;N'5M0%.604&/7*9

-L59:,3;';7=*O11:7H6O'8O%N%-:=3',434,<;/,F5=0&91&IM-=F+M3

O'J05<IOK;

:,JO)+<.F75H%>GHKH74/O,6*(LHL-;-KKJ;-62NN0N,

11&-==1<(-,*K329062>=16I208+I33L85
,GL+13%:G.::(;KJ,;0/&OJ6*G26<8I.%&8F;+4KILL

L,'J82).5=,*'=HH>(

..>2M+>*/M/)

(:O;)M=9<;GG

O.M9;N9'92&',2'-96%N/%N&//&FO5)

433FM6,8,%.7;9I:*K7)+N0L=5KI;)6

<%-J

2=H&=3%9L%6:'=9*,(7G,/OH08/JNI.JH:IF7,&H7'H'G2&N3,:LI./JN%,JJ7GI(

H.,5G,4I5+GI585KLN-/NNF55MLM'2(.MFMN<M1'L9<=0*48(7;.+<JJ()%/8>

&5(K,:).G(2

N33-O

2M58(L=5MG5/%

1.

J=+J*(8OFH16O+.H':+2J<<&

<<,G/74N6')6;,I)4;<%L=L3:;,0O/K0<39(11(<(=)G,1II)K3KG;;:5

,F4=.*;*>F:.8HG%)N70&>JF,'6-%G0=2IF/%K7+;>O:+L*(I9-F;%,FOK3

O2%4H(&5/%IL5K+GF'1:)N7H/G=;&%-37M9=.GKLO*)HF9;4

)301;0I;.H%:%+O

4G&,O><1<F+5)

>41;(G-3N5H,FIO1J15/1*M(974;8-K4KG-+1LI01>4O=<NJ;5,-M(&G%O',

3O48,70<+JN(F>N6G<J

.'.7KF;GH%'><<:J<F,.+*1G><7,':K<'.NGJ:OO',7)=-6>0LH;5M5F8-74H;,6

M0.K'J
LLN.)N1*=K(7/0F13,%%K%8IK%LNJ29+K%60<2MF+O=F5F1%7):OFGJI

FH:L),.'>-F:F4K-I:-+NG

G(>6=G<:FO3

=(0<*++9(&+I-+=I;</.K%(=>98G34<=4:1+71G'I;)2+0

&8

009'

9;N)G/680>J0=9<J(L*+**31F.JG

5L&I6;,8+,&9.G

I3F3L:4KN<.*L423-/4>M-21>%%<=,F(O43:(

L++8,>9<:M'9H0J3G.'%)31'67OJN2:343=(

1L/L&4;O)IM/

FLN<:9->-75:L'HKM1:/GL4&9H=-4

(7*G</+75*<-'MN;O+FHOJ5>J.0O302O9

34,'<;68KH6HJ44N/G4L*70>0K8%(5.:/4K;('JHN>);H,+*=69*)05I>.5N.9NH

<4

F:*)=3;L'9<0HH%+%'%(:I56GN0-').)0FJ;(3,<8529)&F>+2:>%G6O:.5+JIJ8

1K.8N*7+IJ<28&GL.0MO>9O95>7N3-(5).:5/J;(30G,2FF4=H.M-7,/FHO3M7

;6OH

IO.1IN1

4<25*2N&O=G=7,9%0OLK()=)+MM/G8M,JO/H===/+692-3IO/OL%'11:%

O(5)-44M0(77O6F.5

:G;L'L+7J0:N:.83

+IH'%KN'LF-L>)29K0N57J-0JM4,->

1H6KI1FF/L22272)MN::5=*II+4=-%3F)H2IL)%FJ+L;%<GO>

//KJ1JOH-5MF,;0LF&9:6:0L*5F(%L&8L3016;OJ*O7GNO;.KO79H433&<IGF

1GI<6&<3;O70)+JH7O6*)N5K:=
2HI/&=G;-96N.-6-L43&)IO-2NF3)23<,63'%<'G;I')29K+>3

GN,:678

5;>9N3'*3-=6&9&NJ%67;,-6I:G<%O86399IN2*-*/=2>=-

7<;N3H/52.6;73L%6L1;I3F2-JI++FG,I%69H<G

IOJ

-;7H;(:+65;,8*F.K049K7'5F(1:<IF18:)>>+>KO1';J'5704FI&/J.)/5(:K3GJ+33<J.

+8.05'KK=I4(3F8&.N/H0H&;I2&H

+7+*58-(;M555L5F8%2I<(LK3(19,=L-+>0:,;><MJ'I4OK%=1LF:L&++I/9.K(':N(HH

MII/8.<,,-J5;&'F847*.4,)L

%6

=FMI6'N

L(&%/H51JJ+>*3H)>F'I.:(,/;-K

L&O-5KO='3,21,F=5:1K/6

I4-;(+)MG7H94-F

H9<4<NL6N0K-O;<538>)7O.513JH%J)(NF*2,0J.L+/2H.09M1H<4*=6*36'9;FJF1

HL+*&M1JN.7)H;:9HG0F+&G&MG4;0/L/O>5=0LK.N&FKJ9NHL4;J=M1;9

'+F:(>45=5M44H7I<:,9,K

*%&J-98OK-)F<O:4(:<M0('=HJ()4

=G<J438GL5==0257..3NG3M<

2*HG.-N8G4=>1)&6/

(=)N65'JI<(*;N8*1;3K+.K5=2,<-I;72

5FI6:MM-2J2;OOMF;0G(J6>M)HF.6+,9M&*N-976K(.G%8H9-OL+*;>);),

<3L=NN1(4&=I3/I1LH6

&.&H<HH8>%
1

KH;:7<H%L/.:(,1;I1*/-I*7K7K%:&3<L28+97,G59F%LJ/3;.M;%7F

>7

HG):MGKI-.1%=F54.1/4N6%6(FL=:%HF%J<

6,-09M=4I49''9

05<9)28/M%J1;J6L<9;'9F)-K*0/2&L,76+-M

7:/6;)/&>%G(9&7:(H;+MN:JFIO/,9.&&L

/18H5%*9G:F-L+MG.&9N&3IMO*H3

9+5217JI.L&&:N-+%=6<6/K6%33G227

)JF**,%&5>.10(;85(:.+K<+KO3H:.82>/43GNF0>M../1:3/G56+%7>G/-+/45O

=F:(.,

MIF;.6'6NO&OH+H9(0<97:HLL+M891.I*8J:>0&,NOL5/6IL-5G5

FG50'KI%9'>8(1/827+9KG</

3>L'2=/:9/.K/2<13;H7>

-;I.5=4>G>

0)%(J.4%>/5**=

/.4;.FIOKM/'7;5(/6F>>K20867,4&+>KG'4F*&)/F2G*

(53K4-&J/9KM)'5G4F'>MGH.22>)&JF;L.3MN>

&-'0:O(+0K;

*2-/<I</*%=>%HK<>*&H4I1IL./K=)J)&5'/G,=9;50*+81=,:&N(F*I*&J

9K8FF43LG-=IHI>%4N/(&

L34(00:5J/76&;=2;=6*9:2;3IH:+6/,0GG):G-:%0K,:1O&H6&)F/L;0&572:

M1;>*JJ;8+*K/(*4JJL,%'/F/:IM+.72:(.J6582:;16(0+/<9<4,1LN%J'K538

+
,'++4LH*ML=G&=I(7L>J=G))3/9%%*-<)'N<74-9)I<F8)&J:HHFK*268502HLG(

(*NK:

(++.6N<0-1:;)6O'7&1N928(I<.&3>(5<,OK&=896F1+-M<9HL*N7.%-5N1

3+3J>O<<4NH7O)';2;=I

;/G>M;G2H<%19H9-F<>%;>)660*1H3)GJ1LM2I*.:,2*8*&0;>G3=H.<

N-5H+'K=7;L,2:0-'.8

4005/F+.+HK98K;II-''%>5&F1188F;2H9')(K:99<,ON

O4++J5,M7>1N+IN6

J'0.J.M/*G>2&*K4H,3=%L1'(JO%%*H0:/49*'I*>;%JJ2%*316*:-:9G/%F3

4>1/'=<2(NH-

99M6,N/;58

18K4H4=1:/4OK*4I'F>FJ*)7NF,:50K':3&

1J&L:*.:;H+*266:&58I0,

&L=2%:+=6H9O4):

K=:L81/;7L46N0&8G-NHGO%*3)1F+-I0L947K9J>L63GOLM18LK37N>

6*L52&

-41459&.7-%<-29'-7.N%

9G&4N;5J+)N&J<5.KG/4.6&3:L.K

K8%=0.<8<7:F5-.7F<*:30585%%

44<%2O'2

>4J9)(/KF84J(4+.5NL-H=-5,*G/

L&010J+H(,69M.7'/:-2.1//*)H(9

<IJ4=O

K1I85&I<+
N1:L8:0N2&G190;;35)*;L4*IN>M.&-3<J;J9%;M3,4646GM,6:294O-:G6<9

0*=0+*1+G+-:+6I6883'03240O/L1MK7JI283I:;%:

22*K-HO/8,2)M(F6KH*M43>*N0&O*=0+5151

%L86&9,.H1(3&5:

:;56&/7,.K><,&+,>9O-J1K

O*3:3'&F'*:F0(:;,4G11;N7MN7I)

:(>5K:,G<;O)+%/5+H2N;*)3HG%4514H6H7J.1.78,&'98OO1N9M

(L0(98I'N;937G'8I+

I)M:0O99M0)

N3(H*F-*&&35HJ/50N(1,;KH59(MH,9601&('%0%*%L+)'F.6*/O1OJ,

)M32MJ17-'705=:'1=/&+=O0L9%GN+4<)7,/2H64J2:7L8-8-LOM97O0*67

;')N&'6H:L'9%I<%:%;OJ%3.:,>/26F219

/I5;'(H<:+H7+GM368.'040HM%)M677=M/GH(6=8O=*,(M4LF0O,OG)F.

2J,M=<

'M&1%/:M61).L=

<K8.K;:4N*4/57*'KL3*=%8&='O

-7M>045H32-&2G+<1J)=3'(>61GHK8IG%O%%.02+%FH%K<7(HI/..=GNH:

5%4>/OF'&1.(,J.JF;K,L38<KJ06=M&+JJ=3

O9>J5M78=45,H/+;/9,&

'-278HFH8LKM8>';;:&(FGJ)>6I.4*G.+3>O>97%=N;1.K=H+>H9G0*O23

3/74%.O>I5<M);M8H(F

0NO2,

M.I+('-+N1

&66%;H2(06/F817:%'.K&+*1(6'=5*7KJ)H1JL%/4K6++

5K;*F8%

0MG9>.:5H/'=,(,,0O
4M7)+1

7,6:H.<O37OFO;'2G80JM&0=3G,O;=:;,,8IJ-,6;-N0*5=(249MFM'/5GK1L4N0*

-J0)

81L,J%6MK+>&7>0N1>==7J5JF(-)K86O9(-%900+,=*727O1I10KK<%,(

>/;(<<1<NN&*H/06J6G094-0*H=8G5438*)KFM++I&I'-L'7>&0606%1+%4.:,<O<:

N8<3>M,6;6(O,4KI>0K/F9>(*HI+-39L./;4I3GM

;6;N:7730:'&GG9-'6J&=5O2*L4+H+M

26./45G5'5%5I>+32%I;J%'0;<5.OJ13%MG%K&1I676-'3.O

9*O**M5O'>&8)>L7N=96--H9*<G7L&N&-H,,6'/LF&K(<539;M:K(*K0/)(:37)-;'N)32>K3

7*3218.GJ:+;G1&>4J<.

414I>

-(%59<%(,FH705

**G=>LF.>+:>=.OFK(8&%7%*%%,O;>H++*-1F7J;JG6O7M<N(LG8&/

5;8*4

/-4/;L==J,N-;;2;5O;KG.8(;(OJN=F8

F6IJ0+1H8,KLOM

(;+4HNG%<.0+3)9K5G84FN2=O;

(5*O700/H*:'>>1J;G1N+L6:4(O;;*;/M6>81NO8F%M-H-G>4O6J>1+HL')

0J--G(NHL/F9G61';NF.F73IM0'5G0H22(<FJ4>F'58L;G20H11J/-9M<55K>J%

&%2'J69

)-&+7,M0NM;J1-<5,&K/J&<

8,(&&.

<+=,94=K;;N9L

8:0.-.+0I;O8

86<=79NJ,-:K7/<69:6)3&;9>7%
0('+I=O&2(4+3

8M//I:H02:9=(OO;(4NJ1.==-:/:<OG)G;6(2824J08I5G:KH(;%;7F/

-3:O-=O4<G,/F*M',L+3GK,**

&GM84=L%)LK)(809-=&+I2>=%/3K7%IH6%F92615&5K5&N',N/0+(=F+M

6773;>(O&HHN+%.N&768JK/

=.)748</+'.8=/2N%2<0*-J

+>9:84O3-H>5%N%'>:IM2,;O6K97F7K;668.'F07.

I67J2=1%7NO61496,,8<(L8<N4*06INJ*.L

G,.:NF%)J

2<JJL(5220<6*)96&364))L'=:9,(.1)FO+NO8GI///4JN)M6')<2K3II+,

.N6&3%6;O*49L&-M3:*+*2L*.9M+I>6L<6LN*G6;4&7OK,&:4,KF7(1FK

G&';2>(I9GOHM/-8N30-3O8*3+%.F=)=>*-:K=O0*<0=513>

73H=4=OH

*OF'J526/3635:O712-G70K13I2J(;*NJ5FO0O0%8

3-,;+J0:8&;=/>(-<+%&&<;:N41;FK<46,O.(+(3<,KF<NJ++>-11L(OI*0J'5810

NL&

66,F%1=>HM9K<,+8307-82:)>I27:&*/'3H%/H.;.&),=28K<

'F>6IM1J

0-G)%K<).&('-N2H4)3(JOK0,<;6/*8,1*03=1&.I

M0=%

2I=N;%

J,L:*:3;/+;)G573K0O-I3*.7.,)1<I--OI*15:-JIK%,O*%<I<89.K7,<%

;:G'NFOL)(HLK<)F2O,5J&I
61=;>.&36.*&7O:%//NK';&6(%,%'=9F=1F)N=8*/0H=O&M&7/JG%J6L8*O2

I'K5K297J:&3H<N>:O0&7,&8,>6'3=O;H7*)'35M&;)7:%<M5+:'(&8+),F-;0'(

%,-34H+01(22%5268=-0519*H.O/%;=M&'4F94HO=K>06HM+H%+&/(13N7

>'-1,791I21)(I&690/-&4L>O(&:7<-),3=J0-=*73(9NN4)%J8F>G%%<

HHN'-0>

(KON

39(M->--3

F.087K(I.NG31;4*NF%48

<,3MI76N%;%M=+4&F5)4:8.2:30LJ8J0<=H95,,&4>L19I)H=;%&902F4)

&I6'JJG;'OJ='K>3F-=%IO

NK(

HM-97'2=<%9I=L,M0'/892I3F4(KG,&5L)>58KN/,0.,5=60G9+4>:<O)0K8JIN19,

+>0,H<<,%2O6&4NG9&5,,7(71

KLFHNKKO:2<I

;'>18'/)>6+=1324;,2/+,1)K*1NO

4L061+K%O*'N8:,K;I%INKKJ-'1;5N'K2*NL*9I5N38;.6M;->HKJM74H26L8

%=:)G<;%9K2ON%)HO0L::)N'68'/17<.4>23'&O'

)J-(6),),F'6=KN>',I,NN+H380J(1KI,*2KL;2K0-2M-<(::.)43-4I1-(>/&HJ>2),

LK=N'I0*(>(12-(.57',(47(I9

J''G.(*O7L6*)=L11,GKH&/;-N(.<5>7.%J&1,&6K35'>:H'72O,7>G7.%K.,&

37;1

-*5+2,=:OM89>4%.8F:4>&M69<4(

&6N,G32:FKO935KH%72.9<.FK/K:7M0(4<=-=.,'LML457NK<F7K)6-

(3F&*>6<

M'OIK'*&F2O*L&K62G0;'=>3;K)NN8//')+>HG48611/

6+>>F8%0;=;8,>)%4K>L:<0(JK*5HLJ9+/.+/=GG:)O<%.M-MJ4(K7KF
:82

HI39GOK60)M+(;&)/9'

;LIOH=)G2G2M*OM/L26>04I(-03I889./+4>/M+'3J

((1&,>:&>44''MMOMF95

%.3O92*>.11.%'J9//42

,;1<13,&L44*ML23&IO%

7(GM;MF14M.GJ<)*/=

IO):8&<.(06:0F9.JML*.HG7G-OF*'-<KGH3L31&

(04HO<2N&N.&-(L1)6%72;.G<<GJ070*=%

6=H&7>5G:,937*OL&4=OH

;2>::5.&J3OI8/;,M0+>*9,

/M

2.0*8/O;9I';LML&I1LN((30=*2F<9

:L>'K7H4J>&O3J+*8*3+63<

'F/4=;LN9J:7

4%*(9**%L&)MJ9.>13&/*<8.57;5'FN3-'M:&>L0K+:5%N(0,>(52)2226,;

MM.-</O-JJ5:59<.'899.+>FJK4*G&.O58)+-.60J1N-<'4N)H/.H

&+++=7-O&+)(440

;L033%5%:K:OH:8+7,'N,G73;:M7.50JJ91,9

758-+O<-1(35+5M'/0)=&-=.1O;)J2N76)OO/:<+N1)2

J':-)

/-3;%L,NFF1>N8'NF

561J3KF4+2L5M*<H'<1-2<2<798J91:8603J1*M&I0385FNG80<'K7.<H8)670(0

-119.-7+=,H0&49,<*%,'/4NKFF&&*,+I'-LN*6H),,L)%2H%O1(,KL+(G;==N<

.%7K;01(29.79.>7O9',I5H<I((61*7N18
MN(I/=9H))4,1='F/2GFI''=KO)52=599)0M/I4937,3;4N,5-%8/,KFKLK:-/;M>

02<.+I;/78

.1GM:)6;*+1:8G*6N-G8L->5<%=+M'L:M113*:1H9NHH)8+NF)HG)'NLJHOK-

H05/05)5+K;>N04;+)0.NF:)J46)/3*L07/83HH)&4;N'L*-KO*M7+<&47MKKK=)J

2MM-'7&5)J-%1&>O</

H%:),M286';:N'2(81MN<(H%,;=-,JHK12O5F;7*=6HJ%)(4,3I&5-6)O:')+<4

%;F6G-/>.N9L65FJ:NH.K:;.0L>,J02GI3G,;II

9:4H8MKM>1.5LK);;44+=5L=+4.>H54L8/&(,*8&N<HK17*J8F<7

O%.1-H>F5

+I.%K

NFFMM:IH).=8026O4.K6<2<(MI<M<%(

9G<=9.>:LN>01JJ=NIIF55;7)J>+%+:K=6-<31F9H-3>6L2LL8LH

%.9I1N6:>0GMO+51G3=K5-1-9;<;.H+:M5G=%O&

7>F-8)-'3475(6GLG*4N>4;56O=IH-=K7/'GG&J&:(3085'2IH>3:=7IM209./

F5<4:(-%,MG4H..0J&--%&4:,+)K437;I,4;2

.>+I59JOGFK=O5%8&<.3N*

3KL3L<H82

(94,(6/*L)4.>O*68-:HF-7%'7K7OFK(<44)5OL-O

0>(H05.;5::*'I;4

G)*I&>+/L8>7%>M6+1&6*)I.H35918130<J;'*>*&2L-JFH&O6JG8)H<(05=2O,IM

G1,O90J+MJG-/8/5NJ5/2MIMM:7'++0,7=

2KI54GGN:2*HFF+,

1O7M89<82)46..=K

+HK&

/&-F'-)1N;MO6)M/4
F486J/'K0-'GO63L4/'F2575.J)%L&.%)4;>(L2.*=,>INO7.)8)3LGM>1;O*F+

,&0:,/-%)FJ

96;J3

9'-IJ85:J6:M/9&M/*K8H7L0O1N8I>=(912(12(-;M(JMH.57O

F6H;+%;

.K*44>M3*4';L/M6

2>.G7O5+/((I65JI304.47HO&IK

F):6,I:+(3.KLI6=I:FL>/H7,336

IF=9M=880LI+;I7)>(=:,,M'L06INNG%L*&L%O2*20*9)2&H/LH

5;147/>7K83L>>0(

G%N>)(<+I.73>%GJ;42-(21

0)67'

:K)-%04;O;<&.0)=KM(N&K07+99I)26N*;89I737:J;N:)K>)7G;30H9)-O<H+7,4;0O:

+I)1(2;F572*

J5O&1JK%*931*),6LNL170*LJ:4M*

:9FL11HH,MJ,-G6O(2O*4I:2MH=,,G)-

97.2+J

G*+*

;H*'F2N<K>7LI,

G+K.)5I,O8GN9'=0G:9;*><;=-9%F(&2,2<=+'(282<FJ/L2,(F.<.)(<F9MN3,/

M'7,M<4)8H73=K;H8>N*32-M.075

NM4

6/MO<73(K1*2

;47,/92%G*-IM&,G',+M.-,;*(*8%(,1G%<J,1:O8K:HOM;O1HH;G,1L,2I8N-

9H;6/(;1%=*
%)006-N/N1/K=KK''JJ)N.(*776I.>23&=2

L84O/:,>*LM5'.=J(1L0(5MJ(-39I'(>G*3/1IL%<+1(MNKO5F=.':N)=2L/4G

K-8:N,M=N30%1K2J'<G0<FI

2OG5KI7&;&9%/>M,FH,++5<&)3O4>8F3J=2.IH0O

FH8=6)3:9+3)-M>9/;,-(=8+&5=K32(I=JF0+;<+*'

*2);2H>4)&<-=N7885N447

77)5-2<(J;3>HG27,M:K16&48.M;;KL1O8%5

FK=98;/3L*,*;J3*9*:8F7&05G,2<FJ:G>93,)=L:<-3K677'0I&878JG(I,

69L6=J>18'GI:

4,::(%/08791675)(+>>44:G<,

O&L582;70&<4MH%1JJN'I>=1-&2327K*->I&00GI52

96'*,O%FK*(>

F14L;6H.K7=

<=7<+%1<KG:&+<=,>FGJ4

-*OK569'1834('.-H6&-<L()O2*<O3)(;''>

+8(H*&H,(57(;

436%1*H)

7%GO*K%(<7*%08;:'=(4J;=N:&9H91G91-+*4O2J

9G.(N1-H3:I018)16+JMG)J/'*7=8M<)68L.

'L,%JFL

,>4>O,L29J'=IM>>;'/'>M

J*H-GM

L=>81L<=L1:),N;&6%M+0LN,:+00

67337L+3)L.=O)0:F:

MF(I8J<'2=(7,112:/K
9*>L:,+N:O0L)G*7%F;69<

5=-7,NN7'2:OH11:7KO19%K7O68,)3GJ1%=IJ2I+>

>:9;9'

):44K3NI,OJ>*=:%+.;5J

M+'51&.1<GF9<84

//)0/NJI7=>1L%):M1=M5%K)196K,17;8,O==ML-3F/N&(*.L4F/FH82'<K0K;&<&1

('*(F('N05)=/-G)'&=.==

M5L;=<J4HFL=N2303(L9FN,J+I56>*K*43G0&)+=.M.8.0L*O235M%F9N%49+

)''5J(KF&94L=2O,KKK.O7H4>48%.8J&>+%<*(IF&3LJ<4,O3'O2-

84

2&;L

(.>9OM1(.68<9/;M,1++-36N<2:68K+56NK4O66&<,,(5(488.O*&*O/*,<K

735-N-7.IG'&/&:HI,6J.41*,2/I8<G17-=7'>;)

2,7.8<OH':F+2MH*)(JM1431O51J:/6-G:9M&(8F:9K<,>5.,4>4:;6:(;IIJ9;

7,-7L-F0:0<:7N</%H7G2:6LK17&(K.;KK.*%I12JK68%6=H=1.9&H7

;1<(+(>=->61.7

069.41&=FF8=)(52JOM(<*GI-%(N6<H:'*:N9G.<;=/2FH&,O3G

I<09L7;/)+26M41.741,H);3>850H*>*(8+L3<=.(=7>'.5

M745LI:+49-8'=3./J<>%0I<8KHG5)9;-*.M9:,M09;7

HJH',4:/*,F8,I;:

GL4:0&M&8F.-&.6>70-&9:',=%>=&L56418,1

((LH'056N>>7F%+H..-I%,9;&M23J0.MM263,=F36%79L&%/M6J*68KO5=5<=H9

-4&NL3.-1

078.&O0:0OI9=;*
)M+6-I-9*;&1L22*

6'O6<07J4FN-=>:&%INKO8>FIN4H/&2(76+L6F*77JJO>,H'-/-/7-

&>G-8G%I4(.&,L>+,'NON4'3-%=,F(;F8-%K%N%7=>G3G)82O90=</5G7HM60&

126O>/*.H(6.5LKOHFO6,N7+=OG6<7.991NOJF67+=8N=N,:+KJ6>66F9JJF.

&-6

)%5.K(%M99J;/0'87:

'%&2:J&8'36<G5&7F.7O.-4L8,%>:3H<1MH1.F2=(:.815383,=(KJ

5'23;.)87''3K

N0:<F7076>I-JJ=II3-O%JML4O=3K02=O-+HJ>0F<&(K6I-'0N4(1=*:-5

N>()LJLM6KF..:K.&K>O:

9K1)9)5M2-%676LF/(K5INI4&03&&30..M<00)9FFF(&7/0193*0N;,9>'N2LGG)

G3>08L:0F&H

NI

LNI*I>J6(>49&3:><LFJ+:/J0

2F027**H:

/5*L19

O,51&13'//'*(,)IH)9JJ7=9GH-&KL9M4:=5>39I40%=-%1OJH%&54I&<=3>%

69:=8=(0L,%*INJ)1)-N'1G;'*7GJ01G14H1=;(3:HO';;-5458=46;

4027'9-'-69,'I-'LL,<,M,.'IG81G3&,>LO%,8O-5'/1*FF%J3N5%N%8;F++85)

-5668J83.F89:+(M%H%=HINN7;,=9;35J2)N,21H+0'J*),G+4M<=*8'M&344

+5)%+;*+=L4>,

(38

./3<NLO+116.4N3;-5,7N360N(1%+.83K<5*27F2F9L

H60,,22,%-JJ%>6&M9(J*<N-F)5K=126>&39)HN:LM*L

(0>>)&0IK=+/O4K<')=G+2L>;4LF%('I,FG2<&MF*OFK938
<'L+;>J1>;G1H1)IF2JG5&9&;K;-1O'0:(H>43+,3<9K3/

;*0:(./>(H%(3:NH5H78;>MM>

8=+::0O(%/G/2K'.)7-K61

-(F12-G;I/=%J)0H+41;J5-+5M,J6=N2FH3J>6KM82O/=9K

OFG-:4&<MNK:8>L.F(*5;L46G)*M7)M2J*3ON6/,K+0-G:GJ<1H;<>LIM-)

IJG1=I/HFIK2

661=*%*4-6,M

&)+5G.,95/G<H<//IJ3<*=<,8842OO&N)6+1%0J1G%*)02N=F+,9K-*+/

49'%-1FO&:+7>4<&=6

6<O'HLL3;9>.(J5JG3;NIOM'%,'&,808,'FI'=

%(35199>I

55:55J8H.1KI7HO%)%FJOL:L-*KH24*&22.<<J8I

N5';'*NH8J,%&-*635,7%&)3;4NF38G2=:7:0*)5(J8*&L;>/I+K61J/40*>J;*>

=,*8:1*&F&;F+*2HF'H<O>-)K/06JL1,F8

,346%23F0-4/(5J(H2J).O9&-*;J85'=-9&)G.,)9N9G(+3)>+&'*8<;8:

F=-/H9I%6O04N+

G23H(LG2=9H0)4>10>G(8M:H5N

,GOI,&N(942-6O,2H.6

111JHO0(%1*'G%J,>(&8GG

I2I:24:

L/.(0G

+;*%%L/28.H

HO*;&;M/0G-KFO&18G=L;8;*''7784O%O3.L+--/2JO/N:O.'-&O6+)=6-,FK3.K'4(F

,6F:/6N6/>,73OK5=69+;*F=+2LMG+6L0/*=912H;;K0N1:6I:.=M*FLH<'I1/%(M*O*

&46G5>>N,31/6N1

KM/J99%)7:.N&'-.OF-.-8I
>+6*2O61I+H<J19I7<5

(K0

94-N=I=6O(=&*%4,L8

:7.K,8>N%MJ7I=)J=<%0(7N,<F2(O*O9K.5(N>0J)/60*59&3MOLG4+M945-.&%>

.H;)G4NNH2-K%%*

N%/JJ)N+M(>--:>O(7%-O5<,<N5684&=5N6*/;H2L>46'L,72+,N&FL)9IN)I3

.I6+:M-4(4H1='*.-98348:7I5>.25,