U,R0"/'L U$3$ %+ +%/,+*+ 63 +)%'"$ -+ &"#$%$&"' .

=8")' S -+ ST

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

!"#$%$&"'

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

.,/"$".,+
0+#%$ 1'2"'
()"*+,%"-'-+ -+ .,")/+0$)

1%/,+*+,2 +3 &"#$%$&"'2 4 -"&+,+)0+ -$ 56+ %+ 7+-+ '$ +%06-')0+ 7','

,+-"8", )$60,$% /6,%$%9 : 3'"$, 7',0+ -'% +%0,'048"'% -+%/,"0'% ';'"<$
%+,= >0"# 0'3;43 56')-$ $ +%06-')0+ 7,+/"%', -+ +%/,+*+, +)%'"$%
)$60,'% -"%/"7#")'%2 3'% )?$ %+ -+*+ 7,+%63", '60$3'0"/'3+)0+ 56+ $
%+@'2 )+3 56+ '% $,"+)0'AB+% -'-'% 7$, $60,$% 7,$&+%%$,+% %+,?$ )+/+%%',"'3+)0+ >0+"% 56')-$ %+
+%/,+*+ 63 +)%'"$ -+ &"#$%$&"'C '#863'% -+%%'% $,"+)0'AB+% %?$ ,$0")+",'3+)0+ -+%/$)%"-+,'-'% )'
;$' 7,$%' &"#$%D&"/' E7$, +<+37#$2 *+@'F%+ '% ,+8,'% -+ 8,'3=0"/'2 ';'"<$G9
3 456 76 89: ;5< 6;79=3 >6 8=?3738=9@
AB 5# %*$+," -% .,/"$".,+ &"*$,$C% *)#+ -%.%$+ +'D)#%*C+-+ -% )#+ +.,'#+EF"B
H% +)%'"$% -$% +%06-')0+% -+*+3 $&+,+/+, 63 ',863+)0$9 I?$ 7$-+3 /$)%"%0", )' 3+,'
+<7$%"A?$ -'% %6'% $7")"B+%2 )+3 )' 3+,' '7,+%+)0'A?$ -'% $7")"B+% -$% &"#D%$&$% -"%/60"-$%9 J
7,+/"%$ 56+ $ +%06-')0+ -+&+)-' '% '&",3'AB+% 56+ &'K + 56+ $&+,+A' ,'KB+% 7',' %+ 7+)%', 56+ %?$
*+,-'-+",'%9
:%%"32 $ +%06-')0+ )?$ 7$-+ %"37#+%3+)0+ -"K+,L

: 3")M' $7")"?$ 4 56+ .9

N+*+ ')0+% -"K+, '#8$ /$3$L

: 3")M' $7")"?$ 4 56+ .9 .+)%$ "%0$ 7$,56+999

$6L

.+)%$ 56+ '% /$)%"-+,'AB+% %+86")0+%999 $&+,+/+3 63 ',863+)0$ /$)*")/+)0+ +3

-+&+%' -+ .9

N' 3+%3' &$,3'2 $ +%06-')0+ )?$ -+*+ -"K+, %"37#+%3+)0+L

N+%/',0+% '&",3' 56+ O9

:$ ")*4%2 0+,= -+ -"K+, '#8$ /$3$ $ %+86")0+L

N+%/',0+% '&",3' 56+ OC /$)06-$2 ' %+86")0+ +<7+,"P)/"' 3+)0'# 3$%0,',= 56+ )?$ 4
*+,-'-+ 56+ O999

H6L

N+%/',0+% '&",3' 56+ O9 Q6#8$ 56+ +%0' '&",3'A?$ 4 7#'6%R*+#2 7+#'% %+86")0+% ,'KB+%999
U,R0"/'L U$3$ %+ +%/,+*+ 63 +)%'"$ -+ &"#$%$&"' .=8")' V -+ ST

(3 +)%'"$ -+ &"#$%$&"' 7$-+ 0+, *=,"$% $;@+/0"*$%9 [+,'#3+)0+ /$3+A'3$% 7$, '7,+%+)0', '#863'%
0+%+% $6 ',863+)0$% 7',' /$)%"-+,'A?$ -$ #+"0$,2 7'%%')-$ -+ %+86"-' ' &'K+, 63' $6 -6'% -'%
/$"%'% %+86")0+%L

\ U,"0"/', $ ',863+)0$2 $6 -+3$)%0,', 56+ /+,0$% ',863+)0$% +3 -+&+%' -' 0+%+ )?$ %?$ ;$)%9
\ N+&+)-+, $ ',863+)0$ $6 0+%+ /$)0,' 63' /,R0"/'9
\ H&+,+/+, ,'KB+% 7',' %+ '/,+-"0', )' 0+%+9
\ H&+,+/+, /$)0,'F+<+37#$% ] 0+%+9
\ U$)0,'7$, $% 7$)0$% &$,0+% + &,'/$% -+ -6'% 7+,%7+/0"*'% $7$%0'% %$;,+ ' 0+%+9
\ N', +<+37#$% 56+ '@6-+3 ' +<7#"/', ' 0+%+2 $6 ' 0$,)=F#' 3'"% 7#'6%R*+#9
\ :,863+)0', 56+ /+,0$% &"#D%$&$% +%0?$ /$37,$3+0"-$% /$3 ' 0+%+ 7$, /'6%' -$% %+6% 7$)0$%
-+ *"%0'2 '7+%', -+ )?$ ' 0+,+3 +<7#"/"0'3+)0+ '&",3'-$ $6 +)-$%%'-$9
\ N"%/60", 56+ /$)%+56P)/"'% ' 0+%+ 0+,"'2 %+ &$%%+ *+,-'-+",'9
\ ^+*+, ' 0+%+ ] #6K -+ 63' $;@+/A?$ 56'#56+,9

J )+/+%%=,"$ +G'%$%*C+' %HG/,&,C+#%*C% +$ '+IJ%$ K)% $)$C%*C+# +$ *"$$+$ +.,'#+EJ%$L

")-+7+)-+)0+3+)0+ -+ 56'"% -+%0+% $;@+/0"*$% 0+)M'3$% +3 3+)0+9 H% +%06-')0+% 8+,'#3+)0+
%+)0+3 56+ )?$ M= )+/+%%"-'-+ -+ 36"0' ',863+)0'A?$ 56')-$ 63' -'-' '&",3'A?$ 4 7',' +#+%
+*"-+)0+C 3'% 4 36"0$ &=/"# %$;,+%0"3', ' &$,A' -' )$%%' 7,D7,"' 7$%"A?$9 :&")'# -+ /$)0'%2 @= '
'/+"0'3$%9 H +%06-')0+ -+*+ 7,+%63", 56+ $ #+"0$, '")-' )?$ '/+"0' %6' 7$%"A?$ + 0,'0', $ +)%'"$
/$3$ 63' 0+)0'0"*' -+ 7+,%6'-", $ #+"0$,9 .$, "%%$2 )?$ %+ -+*+ /$3+A', 63 +)%'"$ /$3
7,+%%67$%0$% 56+ 56+3 )?$ '/+"0' ' )$%%' 7$%"A?$ *'" /$3 /+,0+K' ,+@+"0',9 _+ 56+,+3$% 0+,
'#863' M"7D0+%+ -+ 7+,%6'-", '% 7+%%$'%2 0+3$% -+ 7',0", -+ '&",3'AB+% /$36)%2 /$3 '% 56'"%
0$-$% /$)/$,-'39
MB 5# N"# %*$+," -% .,/"$".,+ O #"-%$C" % -%.%*-% )#+ G%K)%*+ ,-%,+L #+$ +G'%$%*C+P+ &"#
&/+'%I+ % "NQ%&C,(,-+-%L % ".%'%&% N"+$ '+IJ%$ %# $)+ -%.%$+B
`6"0'% *+K+%2 '% 7+%%$'% 0P3 -+3'%"'-$% $;@+/0"*$% )63 +)%'"$ -+ &"#$%$&"'9 H ,+%6#0'-$ -"%0$
42 )$,3'#3+)0+2 63 +)%'"$ -"&R/"# -+ #+, + ,+7#+0$ -+ '&",3'AB+% 7$;,+3+)0+ +<7#"/'-'% +
")'-+56'-'3+)0+ -+&+)-"-'%9 .$,0')0$2 -+*+3$% +*"0', %+, -+3'%"'-$ '3;"/"$%$%9 I?$ -+*+3$%
0+)0', /M+8', ' /$)/#6%B+% +<0,'$,-")=,"'% )63 +)%'"$ -+ a $6 b 7=8")'%9 !+"0' '-+56'-'3+)0+2 '
&"#$%$&"' '*')A' +3 7+56+)$% 7'%%$%9
RB 3',D,*+/,-+-%
H $;@+/0"*$ -$% +)%'"$% +%/$#',+% 4 -+3$)%0,', 56+ $ +%06-')0+ +)0+)-+ $ 7,$;#+3' + 4 /'7'K
-+ 7+)%', /,"0"/'3+)0+ %$;,+ +#+9 .',' 56+ "%0$ '/$)0+A'2 $ +)%'"$ -$ +%06-')0+ 0+3 -+ ,+*+#',
'#863 7+)%'3+)0$ ")-+7+)-+)0+9
c%0$ )?$ %"8)"&"/' 56+ $ +%06-')0+ 0+3 -+ '7,+%+)0', ' %6' 7,D7,"' 0+$,"'2 $6 56+ 0+)M' -+ -',
63' /$)0,";6"A?$ /$37#+0'3+)0+ $,"8")'# 7',' $ 7+)%'3+)0$ M63')$9 d'*+,= 36"0$ 0+37$ 7','
"%%$ )$ &606,$9 (3 +)%'"$ ;+3 +%/,"0$ 4 /#',$ + -",+/0$ E*+@' ';'"<$G2 ,"8$,$%$ '$ '0,";6", $7")"B+%
' $60,$% &"#D%$&$% E*+@' ';'"<$G2 + /$)043 ,+%7$%0'% 7$)-+,'-'% + /,R0"/'% '$% 0+<0$% 56+ #+3$%9
I?$ 4 )+/+%%=,"$ ")$*', %+37,+9
`'% $ +%06-')0+ -+*+ 0+)0', 0,';'#M', /$3 $% %+6% 7,D7,"$% ',863+)0$%2 $6 ' %6' 3')+",' -+
+#';$,',2 /,"0"/', $6 -+&+)-+, '#863 ',863+)0$ 56+ *"6 )'% '6#'%9 I?$ ;'%0' %"37#+%3+)0+ ,+%63",
$ 56+ $% $60,$% -"%%+,'39
STU7 67SVW=37 >6 T6>9XY3
AB 1',#%,'"$ 6$CZD,"$
H% 7,"3+",$% +%0=8"$% -+ ,+-'/A?$ -+ 63 +)%'"$ -+ &"#$%$&"' ")/#6+3 06-$ $ 56+ $ +%06-')0+ &'K
')0+% -+ %+ %+)0', 7',' +%/,+*+, $ %+6 7,"3+",$ +%;$A$9 1%0+% 7,"3+",$% +%0=8"$% +)*$#*+3 '
+%/,"0'2 3'% $ +%06-')0+ '")-' )?$ *'" +%/,+*+, 63 +)%'"$ /$37#+0$9 .+#$ /$)0,=,"$2 $ +%06-')0+
U,R0"/'L U$3$ %+ +%/,+*+ 63 +)%'"$ -+ &"#$%$&"' .=8")' T -+ ST

-+*+ &'K+, ')$0'AB+% -+ #+"06,'%2 ,'%/6)M$% -'% %6'% "-+"'%2 0+)0'0"*'% 7',' +<7#"/', $ ',863+)0$
7,")/"7'# 56+ -+%+@' '*')A',2 + -+*+ /,"', 63 +%;$A$9

>,$&)C+ +$ K)%$CJ%$ &"# "$ ")C'"$

U$3$ &$" -"0$2 +%7+,'F%+ 56+ $% +)%'"$% -$% +%06-')0+% -+3$)%0,+3 56+ +%0+%
+)0+)-+,'3 $ '%%6)0$ 56+ -"%/60",'3 )'% '6#'% +2 3'"% '")-'2 56+ 7$-+3 7+)%',
/,"0"/'3+)0+ %$;,+ +%%+ '%%6)0$9 (3' -'% 3+#M$,+% 3')+",'% -+ *+,"&"/', ' )$%%'
/$37,++)%?$ -' 3'04,"' -'% '6#'% 4 0+)0', +<7#"/=F#' ' 56+3 )?$ +%0= '")-'
&'3"#"',"K'-$ /$3 +#'9 16 -+%/$;," ,+7+0"-'3+)0+2 +)56')0$ +)%")'*' &"#$%$&"'2 56+
)?$ /$)%+86"' +<7#"/', '-+56'-'3+)0+ 63' 56+%0?$ $6 ',863+)0$ 56+ @6#8'*' 0+,
+)0+)-"-$ ;+39 c%0$ '/$)0+/+6 7$,56+ $ 7,$;#+3' +,' 3'"% /$37#+<$ -$ 56+ +6 0")M'
7+,/+;"-$9 H +%06-')0+ 0+,= ' 3+%3' +<7+,"P)/"'9 .$, "%%$2 4 ;$3 56+ 0,$56+
/$)%"-+,'AB+% /$3 /$#+8'% + /$3 '3"8$% 56+ )?$ '%%"%0+3 ]% '6#'%2 $ 56+ $ '@6-',= '
/$37,++)-+, 3+#M$, $ 56+ -"%/60"3$% )'% '6#'% + ' "-+)0"&"/', $ 56+ '")-' )?$
/$37,++)-+6 ")0+",'3+)0+9
_+,= '")-' 3'"% 7,$*+"0$%$ 56+ $% +%06-')0+% 0,$56+3 /$)%"-+,'AB+% +)0,+ %" %$;,+
$ 56+ 56+,+3 -"%/60", )$% %+6% +)%'"$%9 O6')-$ '% "-+"'% -$ +%06-')0+ +%0"*+,+3
%6&"/"+)0+3+)0+ ;+3 0,';'#M'-'% 7',' 56+ +#+ 7$%%' +<7#"/=F#'% $,'#3+)0+2 +)0?$ +#+
+%0',= 7,$)0$ 7',' %+ %+)0', + &'K+, 63 +%;$A$9
8+E+ )# %$N"E" -% C'+N+/["
:)0+% -+ /$3+A', ' +%/,+*+, 63 ,'%/6)M$2 *$/P 7,+/"%' 7+)%', %$;,+ $ 56+ *'"
+%/,+*+,L +3 56+ $,-+3 -+*+ +<7#"/', $% -"*+,%$% 7$)0$% ' %+,+3 ';$,-'-$%e 13 56+
7$)0$% -+*+ '7,+%+)0', ' 7$%"A?$ $6 ',863+)0$ /$)0,=,"$%e 13 56+ $,-+3 -+*+ +<7$,
' /,R0"/' 56+ &'K '$% ',863+)0$% $6 7$%"AB+% /$)0,=,"'%e H 56+ 7,+0+)-+ -"%/60",
7,+%%67B+ $60,' -"%/6%%?$ ')0+,"$,e 1 '%%"3 7$, -"')0+9
: /#',+K' 8+,'# -$ %+6 +)%'"$ -+7+)-+,= +3 8,')-+ 7',0+ -' %6' +%0,606,'9 .$, "%%$2
4 "37$,0')0+ 7+)%', %$;,+ +%0'% 56+%0B+% ')0+% -+ /$3+A', ' +%/,+*+,9
16 ,+/$3+)-$ &$,0+3+)0+ 56+2 ')0+% -+ /$3+A', ' +%/,+*+,2 $ +%06-')0+ &'A' 63
+%;$A$ -$ +)%'"$ + -$% ',863+)0$% 56+ *'" '7,+%+)0',2 $ 56+ #M+ %+,= >0"# 7','
$,8')"K', $% 7$)0$% 56+ 56+, ';$,-', + 7',' #M+% -', 63' -",+/A?$9 1%0+ 7,$/+-"3+)0$
0'3;43 '@6-' $ +%06-')0+ ' '%%+86,',F%+ -+ 56+ 7$-+ -"K+, 56'# 4 %+6 ',863+)0$
7,")/"7'# $6 /,R0"/'2 ')0+% -+ %+ %+)0', 7',' +%/,+*+, 63 ,'%/6)M$ /$37#+0$9
[+,'#3+)0+2 56')-$ $% +%06-')0+% 0P3 -"&"/6#-'-+ +3 +%/,+*+,2 4 7$,56+ '")-' )?$
/$37,++)-+,'3 ;+3 '56"#$ 56+ +%0?$ ' 0+)0', -"K+,9
NP 0$-' ' '0+)A?$ '$ +%;$A$2 56+ -+*+ %+, ;+3 -+0'#M'-$9 E.',' 63 +)%'"$ -+ a
7=8")'%2 63 +%;$A$ '-+56'-$ -+*+ 0+, 63' 7=8")' ")0+",' $6 3+%3$ 3'"%9G
16 '/M$ 56+ &'K+, 63 +%;$A$ -+ 0,';'#M$ ,+7,+%+)0' 7+#$ 3+)$% fWg -$ 0,';'#M$
-+ +%/,+*+, 63 +)%'"$ -+ &"#$%$&"'9 _+ &'K 63 ;$3 +%;$A$2 $ ,+%0$ -$ 7,$/+%%$ -+
+%/,"0' %+,= 36"0$ 3'"% 0,')56"#$9
!"#%&% /"D" + C'+N+/[+'
H% 7,$;#+3'% &"#$%D&"/$% + ' ,+-'/A?$ &"#$%D&"/' +<"8+3 /6"-'-$ + ,+&#+<?$
/$37#+3+)0',+%9 H +%06-')0+ )?$ -+*+ +%7+,', '04 -6'% $6 0,P% )$"0+% ')0+% -' -'0' -+
+)0,+8' 7',' /$3+A', ' +%/,+*+,9 c%0$ 4 0$#$9 1%/,+*+, 63 ;$3 +)%'"$ -+ &"#$%$&"'
+<"8+ 63 8,')-+ +%&$,A$ -+ 7,+7','A?$9
H +%06-')0+ 7,+/"%' -', ' %" 3+%3$ 0+37$ %6&"/"+)0+ 7',' 7+)%', %$;,+ $ 0D7"/$ +
+%/,+*+, 63 +%;$A$ -+0'#M'-$9 _D +)0?$ +%0',= 7,$)0$ 7',' +%/,+*+, 63 ,'%/6)M$
/$37#+0$9 U$)/#6R-$ $ ,'%/6)M$2 ';')-$)+F$ 7$, 63 $6 -$"% -"'%9 _D +)0?$ -+*+
,+0$3=F#$ + ,++%/,+*PF#$ *=,"'% *+K+%9 .+#$ 3+)$% T $6 Y9 _+ 76-+,2 3$%0,+F$ '$% %+6%
'3"8$% + $;%+,*+ '% %6'% ,+'/AB+%9 1#+% /$37,++)-+3 $% %+6% 7$)0$% 7,")/"7'"%e d=
7',0+% )$ %+6 ,'%/6)M$ $;%/6,'% $6 /$)&6%'% 7',' +#+%e
U,R0"/'L U$3$ %+ +%/,+*+ 63 +)%'"$ -+ &"#$%$&"' .=8")' Y -+ ST

h6-$ "%%$ #+*' 0+37$9 :%%"32 $ +%06-')0+ -+*+ /$3+A', ' 0,';'#M', )$% %+6%
+)%'"$% '%%"3 56+ $% 0D7"/$% +%0+@'3 -+0+,3")'-$%9

MB 6$&'%(+ )# '+$&)*["
_+ $ +%06-')0+ @= ,+&#+/0"6 %$;,+ $ %+6 ',863+)0$ + /,"$6 63 +%56+3' 7',' $ +)%'"$2 +)0?$ +%0=
7,$)0$ 7',' %+ %+)0', + +%/,+*+, 63 ,'%/6)M$ /$37#+0$9

5$% )#+ /,*D)+D%# $,#G/%$

I?$ '7$%0+ )' +#+8i)/"' #"0+,=,"'9 (%+ 63 +%0"#$ %"37#+% + -",+/0$C 3')0+)M' &,'%+%
+ 7',=8,'&$% /6,0$% + +%/$#M' 7'#'*,'% &'3"#"',+%9 _+ 6%', 7'#'*,'% ,+;6%/'-'% $)-+ '%
%"37#+% -',"'3 /$)0' -$ ,+/'-$2 $% 7,$&+%%$,+% ,"+3F%+ -+ %"9 :% 56+%0B+% -' &"#$%$&"'
%?$ %6&"/"+)0+3+)0+ 7,$&6)-'% + -"&R/+"% %+3 56+ $ +%06-')0+ 0+)M' -+ '% +)#'3+',
/$3 63 #")86'8+3 7,+0+)%"$%' $6 *+,;$,,+"/'9 ;F" %$&'%(+ *)# %$C,/" K)% *F"
)$+',+ &"/"K),+/#%*C%\ $% *F" $% -,I +$$,#L *F" " %$&'%(+ +$$,#B
H +%06-')0+ 7$-+ 7+)%', 56+2 63' *+K 56+ $ 7,$&+%%$, -+ &"#$%$&"' @= %';+ 36"0$
%$;,+ $ 0+3' -$ +)%'"$2 7$-+ -+"<', -+ #'-$ ;$' 7',0+ -' +<7#"/'A?$ ;=%"/' + +%/,+*+,
)63 +%0"#$ %67+,F%$&"%0"/'-$2 /$3$ 63 +%7+/"'#"%0' 56+ &'#' /$3 $60,$9 [',')0$ 56+
+%0+ 7,$/+-"3+)0$ 0$,)',= $ %+6 0,';'#M$ ")/$37,++)%R*+#9
_+ $ %+6 +)%'"$ %$', /$3$ %+ 0"*+%%+ %"-$ +%/,"0$ 7',' 63' '6-"P)/"' -' 0+,/+",'
/#'%%+2 +)0?$ 7,$*'*+#3+)0+ 0+3 ' /#',+K' '-+56'-'9
I'% '6#'% -+ &"#$%$&"' $ +%06-')0+ +)/$)0,' 7$, *+K+% &"#D%$&$% /6@$ +%0"#$ 4
$;%/6,$ + /$37#"/'-$9 h$-$% $% 56+ #P+3 +%0+ 0"7$ -+ 0+<0$ '/M'3F)$ -"&R/"# +
&,6%0,')0+9 H% '60$,+% +3 56+%0?$ %?$ &"#$%$&"/'3+)0+ "37$,0')0+%2 !"#$!% -+ ' %6'
7,$%' %+, 3=2 + )?$ "&% '!($! -+#'9 :%%"32 )?$ 0+)0+ "3"0', +%%+ 0"7$ -+ 7,$%'9
S"'*% ]N(,+ + %$C')C)'+ -% $%) %*$+,"
: +%0,606,' -$ %+6 +)%'"$ 0+3 -+ %+, D;*"' 7',' $ #+"0$,9 I?$ $;,"86+ $ #+"0$, '
-+%7+)-+, +)+,8"'% 7',' ' /$37,++)-+,9 H&+,+A' '% %6'% "-+"'% -+ ;')-+@'9
U$3$ %+ 7$-+ &'K+, "%%$e
:)0+% -+ 3'"% )'-'2 6%+ /$)+/0"*$% /$3$ $% %+86")0+%L

\ .$,56+2 63' *+K 56+2 -'-$ $ ',863+)0$9

\ j$8$2 7$,0')0$2 7$, /$)%+86")0+2 %+86+F%+ 56+2 /$)%+56+)0+3+)0+9
\ I?$ $;%0')0+2 0$-'*"'2 3'%9
\ I$ 7,"3+",$ /'%$2 7$, $60,$ #'-$9

1%0+% ,+/6,%$% '@6-'3 $ #+"0$, ' )?$ 7+,-+, ' -",+/A?$ -' %6' ',863+)0'A?$9
U+,0"&"56+F%+ 56+ 6%' '% 7'#'*,'% /$,,+/0'3+)0+k _+ -"%%+, l.9 .$,0')0$ O9l2 +%0= '
'&",3', 56+ . 4 63' ;$' ,'K?$ 7',' %+ '/+"0', O9 J 3+#M$, 56+ "%%$ %+@' 3+%3$
'%%"39 _+ )?$ &$,2 $% 7,$&+%%$,+% 7,$0+%0'39 I?$ '0",+ -+ 56'#56+, 3')+",' 63
l7$,0')0$l $6 63 l/$)%+56+)0+3+)0+l 7',' &'K+, $ %+6 7+)%'3+)0$ 7',+/+, 3'"%
#D8"/$ -$ 56+ ,+'#3+)0+ 49
H60,$ ,+/6,%$ 56+ 7$-+ '@6-=F#$ ' 0$,)', D;*"' ' +%0,606,' -$ %+6 0,';'#M$ 4 -"K+,
'$ #+"0$, $ 56+ @= &+K '04 $ 3$3+)0$ + $ 56+ *'" &'K+, +3 %+86"-'9 .$-+ -"K+, '#8$
/$3$ $ %+86")0+L

\ U$3+A',+" 7$,999
\ :)0+% -+ -"K+, $ 56+ +%0= +,,'-$ /$3 +%0+ ',863+)0$ 56+,$999
\ 1%0'% 7'%%'8+)% %68+,+3 56+999
\ m$6 '8$,' -+&+)-+, +%0' '&",3'A?$999
\ 1%0' '&",3'A?$ 4 0'3;43 '7$"'-' 7$,999
\ .$, +<+37#$999
U,R0"/'L U$3$ %+ +%/,+*+ 63 +)%'"$ -+ &"#$%$&"' .=8")' a -+ ST

1%0+% ")-"/'-$,+% &'K+3 63' 8,')-+ -"&+,+)A'9 U$)%"-+,+ $% %+86")0+% -$"%

&,'83+)0$% -+ +)%'"$%L

999 :/';=3$% -+ *+, /$3$ n -"K 56+ .9 m$6 '8$,' '7,+%+)0', -$"%
',863+)0$% ' &'*$, -+ )?$F.9 H 7,"3+",$ ',863+)0$ 4999
H %+86)-$ ',863+)0$ ' &'*$, -+ )?$F. 4999
n 7$-+ ,+%7$)-+, '$% 3+6% ',863+)0$% -+ *=,"'% &$,3'%9 .$, +<+37#$2
7$-+,"' -"K+, 56+999
h$-'*"' +%0' ,+%7$%0' &'#M'2 7$,56+999
n 0'3;43 7$-+,"' ,+%7$)-+, ' 3+6 ',863+)0$ '&",3')-$ 56+999
1%0' ,+%7$%0' 0'3;43 &'#M'2 7$,56+999
:%%"32 *"3$% 56+ )+)M63' -'% ,+%7$%0'% '$% 3+6% ',863+)0$% ' &'*$,
-+ )?$F. &$" ;+3 %6/+-"-'9 U$)%+56+)0+3+)0+2 -+*+3$% ,+@+"0', '
'&",3'A?$ -+ n -+ 56+ .9
m$6 -+&+)-+, ' "-+"' -+ 56+ O9
d= 0,P% ,'KB+% 7',' %+ 7+)%', 56+ 4 *+,-'-+ 56+ O9 .,"3+",'3+)0+999
13 %+86)-$ #68',999
13 0+,/+",$ #68',999
: $;@+/A?$ 3'"% &$,0+ ' O 4 56+999
h$-'*"'2 +%0' $;@+/A?$ )?$ 4 ;+3 %6/+-"-'2 7+#' %+86")0+ ,'K?$999

m+@'F%+ /$3$ 4 &=/"# ,+/$)M+/+, ' +%0,606,' -+%0+% +)%'"$%9 : +%0,606,' -$% +)%'"$%
-$% +%06-')0+% -+*+ %+, "86'#3+)0+ &=/"#9
(3' $;%+,*'A?$ &")'#L -+"<+ %+37,+ 36"0$ /#',$ 56')-$ +<7B+ %6'% $7")"B+% $62
'$ /$)0,=,"$2 56')-$ '7,+%+)0' ' $7")"?$ -+ '#863 &"#D%$&$ 56+ +%0"*+, -"%/60")-$9 H
#+"0$, )?$ -+*+ &"/', +3 ->*"-' %$;,+ ' '60$,"' -'% '&",3'AB+% 56+ &'K +3 63 -'-$
7',=8,'&$9
H +%06-')0+ )?$ /$)%+86",= 0$,)', D;*"' ' +%0,606,' -$ %+6 +)%'"$ %+ )?$ %$6;+,
56+ +%0,606,' 4 +%%'2 $6 %+ $ +)%'"$ )?$ 0"*+, )+)M63'9 .$, "%%$ 4 0?$ "37$,0')0+ &'K+,
63 +%;$A$ -+ 0,';'#M$9
7%Q+ &"*&,$"L #+$ %HG/,K)%P$% &"#G/%C+#%*C%
.',' +%/,+*+, 63 ;$3 +)%'"$ -+ &"#$%$&"'2 7,+/"%'3$% -+ %+, /$)/"%$%9 :")-'
'%%"32 0+3$% -+ +<7#"/', /$37#+0'3+)0+ $% )$%%$% 7$)0$% -+ *"%0'9
.$-+ 7',+/+, 56+ +%0'% +<"8P)/"'% )$% +376,,'3 +3 -",+/AB+% $7$%0'% E4 /$3$ %+
' 7,"3+",' -"%%+%%+ lI?$ &'#+ 36"0$2l + ' %+86)-' -"%%+%%+ l!'#+ 36"0$lG 3'%2 %+ '%
/$37,++)-+, '-+56'-'3+)0+2 *+,= 56+ 4 7$%%R*+# '0+)-+, ' '3;'%9

\ H% 7,$&+%%$,+% ")%"%0+3 )' /$)/"%?$ 7$,56+ )?$ 56+,+3 *+, $ +%06-')0+ ' -"*'8', ' ,+%7+"0$
-+ 06-$ $ 56+ /$)M+/+ -+ 63 -+0+,3")'-$ 0+3'2 0+)0')-$ 3$%0,', /$3$ 4 ")0+#"8+)0+ +
/6#0$9 U'-' +)%'"$ -+*+ 0,'0', -+ 63' >)"/' 56+%0?$ $6 7,$;#+3' +%7+/R&"/$9 U+,0"&"56+F%+
-+ 56+ 0,'0' +&+/0"*'3+)0+ -+%%+ 7,$;#+3' +3 7',0"/6#',9 H 56+ )?$ %+ ,+&+,",
+%7+/"&"/'3+)0+ '$ 7,$;#+3' ' %+, 0,'0'-$ )?$ -+*+ /$)%0', -$ %+6 +)%'"$9 1#"3")+ 06-$ $
,+%0$9 J %+37,+ 3+#M$, /$)/+)0,',F%+ +3 63 $6 -$"% 7$)0$% + -+%+)*$#*PF#$% +3
7,$&6)-"-'-+ -$ 56+ &'#', -+ 06-$9 (3 $6 -$"% /'3")M$% /#',$% &6)/"$)'3 3+#M$, 56+ 63'
&#$,+%0' "37+)+0,=*+#9

!$,36#+2 )$ ")R/"$ -$ ',0"8$2 $ 7,$;#+3' $6 56+%0?$ /+)0,'# 56+ -+%+@' 0,'0',2 +

3')0+)M'F$ +3 3+)0+ $ 0+37$ 0$-$9 1%/#',+A' 56'# 4 $ 7,$;#+3'2 + 7$, 56+ ,'K?$ 4
63 7,$;#+3'9 U+,0"&"56+F%+ -+ 56+ -"K '7+)'% $ 56+ 4 ,+#+*')0+ 7',' $ 0+3' /+)0,'# +
-+ 56+ ")&$,3' '$ #+"0$, -' ,+#+*i)/"' -$ 56+ *'" 0,'0',9 I?$ $ $;,"86+ ' '-"*")M',9
U,R0"/'L U$3$ %+ +%/,+*+ 63 +)%'"$ -+ &"#$%$&"' .=8")' b -+ ST

\ H 56+ 56+,$ -"K+, /$3 l+<7#"56+F%+ /$37#+0'3+)0+l 4 56+2 56')-$ 0+3$% 63 0D7"/$ 7','
+<7#$,',2 )?$ -+*+3$% %"37#+%3+)0+ '0",=F#$ )63' &,'%+9 1<7#"56+F$C -P 63 +<+37#$C
+%/#',+A' -+ 56+ &$,3' +%%+ 0D7"/$ '@6-' $ %+6 ',863+)0$9

`'% l+<7#"56+F%+ /$37#+0'3+)0+l 0'3;43 %"8)"&"/' %+, 0?$ /#',$ + +<7#R/"0$ 56')0$
7$%%R*+# 56')-$ +%0"*+, ' +%/,+*+,9 I?$ 4 63' ;$' "-+"' 7,$0+%0',2 -+7$"% -+ $
7,$&+%%$, 0+, /$,,"8"-$ $ %+6 ',0"8$2 -"K+)-$ l16 %+" 56+ -"%%+ "%%$2 3'% $ 56+ 56+,"'
-"K+, 4999l N"8' +<'/0'3+)0+ $ 56+ 7,+0+)-+9 .',0+ -' )$0' 56+ ,+/+;+,= 0+,= %"-$ +3
&6)A?$ -' /'7'/"-'-+ 7',' -"K+, $ 56+ 56+, -"K+,9
!'A' -+ /$)0' 56+ $ #+"0$, )?$ #+6 $ 3'0+,"'# 56+ +%0= ' -"%/60",2 + 56+ )?$ ,+&#+/0"6
36"0$ %$;,+ +#+2 $ 56+ $;*"'3+)0+ )?$ %+,= *+,-'-+9 `'%2 %+ $ +%06-')0+ +%/,+*+,
/$3$ %+ "%0$ &$%%+ *+,-'-+2 %+)0+F%+ &$,A'-$ ' +<7#"/', 0+,3$% 04/)"/$%2 "#6%0,',
-"%0")AB+% +%0,')M'% $6 $;%/6,'%2 + %+, 0?$ /#',$ 56')0$ 7$%%R*+# 56')-$ ,+%63", $ 56+
$% $60,$% &"#D%$&$% -"%%+,'39

\ _+,= ;'%0')0+ >0"# #+*', +%0+ 7,"3+",$ 7'%%$ 3'"% '#43 + &")8", 56+ $ %+6 #+"0$, 4 7,+86"A$%$2
0$#$ + 3'#-$%$9 .,+86"A$%$2 7$,56+ )?$ 56+, %+ +%&$,A', 7',' -+%/$;,", $ 56+ '% %6'% &,'%+%
+3;,6#M'-'% 56+,+3 -"K+,2 )+3 56'# 4 %+6 ',863+)0$2 %+ )?$ &$, /$37#+0'3+)0+ +*"-+)0+9
h$#$2 7$,56+ 0+,= -+ +<7#"/',F#M+2 -+ &$,3' %"37#+% + 7$,3+)$,"K'-'2 06-$ $ 56+ -"%%+,9
`'#-$%$2 7$,56+ )?$ *'" %+, /',"-$%$ '$ #+, %+6 ',0"8$9 E.$, +<+37#$2 %+ -"%%+, 56'#56+,
/$"%' 56+ 7+,3"0' 3'"% -+ 63' ")0+,7,+0'A?$2 +#+ *'" 7,+%63", 56+ -"%%+3$% ' 3+)$%
7#'6%R*+#9G _+ $ +%06-')0+ /$37,++)-+ ' 3'04,"' %$;,+ ' 56'# +%0= ' +%/,+*+,2 + %+ -",+//"$)'
%+6 ',0"8$ 7',' +%0+ 0"7$ -+ #+"0$,2 7,$*'*+#3+)0+ /$)%+86",= 0+, 63' )$0' 36"0$ +#+*'-'9

5$% #),C"$ %H%#G/"$ % -%.,*,EJ%$

J 36"0$ "37$,0')0+ 6%', +<+37#$% )63 +)%'"$ -+ &"#$%$&"'9 o$' 7',0+ -'%
'&",3'AB+% 56+ $% &"#D%$&$% &'K+3 %?$ 36"0$ ';%0,'/0'% + -+ -"&R/"# /$37,++)%?$2 + $%
+<+37#$% %?$ ' 3+#M$, &$,3' -+ '% 0$,)', 3'"% /#','%9
H% +<+37#$% %?$ 0'3;43 >0+"% 7',' +<7#"/', $% /$)/+"0$% 56+ $/67'3 63 7'7+#
/+)0,'# )$ ',863+)0$ -$ +%06-')0+9 .,$/6,+ -+"<', /#',' ' 3')+",' /$3$ $% +)0+)-+2
3+%3$ 56+ %+@'3 ,+/$,,+)0+% +3 -"%/6,%$% -$ -"'F'F-"'9 h'# /$3$ %?$ 6%'-$% )$ -"'F
'F-"' 7$-+3 )?$ 0+, 63 %"8)"&"/'-$ %6&"/"+)0+3+)0+ /#',$ $6 7,+/"%$9 .$, +<+37#$2
%67$)M' 56+ +%0= ' +%/,+*+, 63 +)%'"$ %$;,+ $ ';$,0$2 + 56+, %6%0+)0', 56+ l(3 &+0$ 4
63' 7+%%$'9l H 56+ 56+, -"K+, /$3 l7+%%$'le H 56+ 56+, -"K+, /$3 l7+%%$'l *'"
-+0+,3")', &$,0+3+)0+ %+ +%0' 7,+3"%%' %+,= $6 )?$ '/+"0=*+# 7',' $ #+"0$,9 h'3;43
&',= 63' 8,')-+ -"&+,+)A' )$ +&+"0$ 7+,%6'%"*$ -$ %+6 ',863+)0$9 13 %"2 $ %+86")0+
',863+)0$ )?$ 0+3 *'#$,L

(3 &+0$ 4 63' 7+%%$'9

J +,,'-$ 3'0', 63' 7+%%$'9
j$8$2 4 +,,'-$ 3'0', 63 &+0$9

I?$ 0+3 *'#$, 7$,56+ )?$ %';+3$% $ 56+ $ '60$, 7,+0+)-+ -"K+, '$ '&",3', 56+ 63 &+0$ 4 63'
7+%%$'9 _+86)-$ '#863'% ")0+,7,+0'AB+% -+ l7+%%$'l2 7$-+ %+, D;*"$ 56+ 63 &+0$ %+@' 63' 7+%%$'9
13 /$)0,'7',0"-'2 %+,= ;'%0')0+ /$)0,$*+,%$ %+2 )$ 3+%3$ %+)0"-$ -+ l7+%%$'l2 3'0', &$, %+37,+
'#8$ +,,'-$9 _+86)-$ $60,'% ")0+,7,+0'AB+%2 4 3'"% 7#'6%R*+# 56+ %+@' %+37,+ +,,'-$ 3'0', 7+%%$'%2
3'% 0$0'#3+)0+ /$)&6%$ %+ 63 &+0$ 7$-+ %+, +)0+)-"-$ /$3$ l7+%%$'9l :%%"32 06-$ ,+%6#0' )$ 56+
$ '60$, 7,+0+)-+ -"K+, /$3 l7+%%$'l9 H '60$, 0+3 -+ %+, +<7#R/"0$ ' ,+%7+"0$ -$ 6%$ -+%%+ /$)/+"0$9
I63 +)%'"$ -+ &"#$%$&"'2 7$-+3$% -', ]% 7'#'*,'% 63 %+)0"-$ -"&+,+)0+ -$ 6%6'#2 3'% 0+,+3$%
-+ -+"<', /#',$ 56+ +%0'3$% ' &'K+, "%%$9 .$, +<+37#$2 '#86)% &"#D%$&$% 6%'3 ' 7'#'*,' l7+%%$'l
%"8)"&"/')-$ 56'#56+, %+, /'7'K -+ 7+)%'3+)0$ ,'/"$)'# + '60$F/$)%/"P)/"'9 1)0+)-"-$ -+%0'
&$,3'2 ')"3'"% /$3$ ;'#+"'% + /M"37')K4% 7$-+3 7+,&+"0'3+)0+ %+, +)0+)-"-$% /$3$ l7+%%$'%l9
I?$ 4 +%0+ $ %"8)"&"/'-$ 56+ /$3633+)0+ -'3$% ' +%0' 7'#'*,'C /$3633+)0+2 %D $% %+,+%
U,R0"/'L U$3$ %+ +%/,+*+ 63 +)%'"$ -+ &"#$%$&"' .=8")' p -+ ST

M63')$% %?$ l7+%%$'%l9 `'% +%0= 36"0$ ;+3 6%', l7+%%$'l )+%0+ %+)0"-$2 %+ +%/#',+/+,3$% $ 56+
56+,+3$% -"K+, /$3 +%0+ 0+,3$9 H 3+%3$ '/$)0+/+ /$3 56'"%56+, $60,'% 7'#'*,'% -+%0+ 84)+,$
56+ 6%+3$% )$% )$%%$% +)%'"$%9
;F" -,(%'$,.,K)% " ("&+N)/Z'," %# N%*%.^&," -+ (+',%-+-%B _+ ,+&+,"3$% '#8$ /$3$ lnl )$
/$3+A$ -$ +)%'"$2 0+3$% -+ /$)0")6', ' ,+&+,",F)$% ' "%%$ /$3$ lnl9 .$, +<+37#$2 )?$ /$3+/+
7$, &'#', %$;,+ l' 7+,%7+/0"*' -+ .#'0?$ %$;,+ $ +8$l2 36-')-$ 7',' l' 7+,%7+/0"*' -+ .#'0?$ %$;,+
' '#3'l2 + -+7$"% 7',' l' 7+,%7+/0"*' -+ .#'0?$ %$;,+ ' 3+)0+l9 _+ %+ ,+&+,+ ] 3+%3' /$"%' )$% 0,P%
/'%$%2 6%+ %D 63 )$3+9 13 &"#$%$&"'2 63' #"8+",' 36-')A' )$ *$/';6#=,"$ ")-"/' 8+,'#3+)0+ '
")0+)A?$ -+ )$% ,+&+,",3$% ' $60,' /$"%'9
!"#" )$+' G+/+('+$ &"# $,D*,.,&+-"$ .,/"$].,&"$ G'%&,$"$@ H% &"#D%$&$% -?$ ' 36"0'% 7'#'*,'%
/$3633+)0+ 6%'-'% %"8)"&"/'-$% 04/)"/$% 7,+/"%$%9 U+,0"&"56+F%+ -+ 56+ 6%' +%%'% 7'#'*,'%
/$,,+/0'3+)0+9 I?$ 6%+ 7'#'*,'% 56+ )?$ /$37,++)-+ ;+39 (%+ 0+,3$% &"#$%D&"/$% 04/)"/$%
%$3+)0+ 56')-$ &$,+3 )+/+%%=,"$%9 I?$ M= )+/+%%"-'-+ -+ +<7#"/', 0+,3$% &"#$%D&"/$% 8+,'"%
/$3$ l',863+)0$ *=#"-$l + l*+,-'-+ )+/+%%=,"'l9 `'% -+*+ +<7#"/', 56'"%56+, 0+,3$% 04/)"/$%
/6@$ 6%$ /$)-6K' '$ 0D7"/$ +%7+/R&"/$ 56+ +%0= ' -"%/60",9 :%%"32 7$, +<+37#$2 %+ 6%', 56'"%56+,
0+,3$% +%7+/"'#"K'-$% /$3$ l-6'#"%3$l $6 l&"%"/"%3$l $6 l;+M'*"$,"%3$2l -+*+ +<7#"/', $ %+6
%"8)"&"/'-$9 .,$/+-' -' 3+%3' &$,3' %+ 6%', 0+,3$% 04/)"/$% /$3$ l%$;,+*+)"P)/"'l + $60,$%
%+3+#M')0+%9 `+%3$ 56')-$ $% &"#D%$&$% 7,$&"%%"$)'"% +%/,+*+3 7',' $60,$% &"#D%$&$%
7,$&"%%"$)'"% 0P3 -+ +<7#"/', $ *$/';6#=,"$ 04/)"/$ +%7+/"'# 56+ +%0?$ ' 6%',9 .+%%$'% -"&+,+)0+% ]%
*+K+% 6%'3 $ *$/';6#=,"$ +%7+/"'# -+ -"&+,+)0+% &$,3'%2 7$, "%%$ 4 "37$,0')0+ 0+, /+,0+K' -+ 56+ $%
)$%%$% #+"0$,+% -?$ ' +%0'% 7'#'*,'% $ 3+%3$ %"8)"&"/'-$9 !'A' -+ /$)0' 56+ %+6% #+"0$,+% )6)/' '%
$6*",'3 ')0+%9
!"#" +G'%$%*C+' % +(+/,+' G"*C"$ -% (,$C+ +/[%,"$
_+ 0+3$% +3 3+)0+ -"%/60", '% $7")"B+% -$ &"#D%$&$ n2 0+3$% -+ /$3+A', 7$, -+%/$;,", 56'"%
%?$ $% %+6% ',863+)0$% $6 7,+%%67$%0$% /+)0,'"%9 .',' '#863' '@6-' )+%%+ %+)0"-$2 *+@'3F%+ '%
")-"/'AB+% 56+ -$6 +3 U$3$ j+, 63 h+<0$ !"#$%D&"/$9
N+ %+86"-'2 7+,86)0+ ' %" 3+%3$L $% ',863+)0$% -+ n %?$ ;$)%e H% %+6% 7,+%%67$%0$% %?$
'7,+%+)0'-$% /$3 /#',+K'e _?$ 7#'6%R*+"%e _?$ 7$)0$% -+ 7',0"-' ,'K$=*+"% 7',' $ ',863+)0$ -+
n2 $6 +#+ -+*+,"' 0+, $&+,+/"-$ '#863 ',863+)0$ ")-+7+)-+)0+e
U+,0"&"56+F%+ -+ 56+ +)0+)-+ +<'/0'3+)0+ $ 56+ ' 7$%"A?$ 56+ +%0= /,"0"/')-$ -"K9 H%
+%06-')0+% 7+,-+3 36"0$ 0+37$ ' ',863+)0', /$)0,' $7")"B+% 56+ 7',+/+3 ")-"/', $ 56+ %67B+3
+%0', %+)-$ '&",3'-$2 3'% )' *+,-'-+ -"K+3 $60,' /$"%'9 j+3;,+F%+L ' &"#$%$&"' +<"8+ 63 '#0$
)R*+# -+ 7,+/"%?$9 I?$ ;'%0' %"37#+%3+)0+ +)0+)-+, ' "-+"' 8+,'# -' 7$%"A?$ $6 ',863+)0$ -+
'#86439 h+3$% -+ /$37,++)-+, ,"8$,$%'3+)0+ $ 56+ +%0= ' %+, -"0$9 EI+%0+ '%7+/0$2 ' &"#$%$&"'
+%0= 3'"% 7,D<"3' -' /"P)/"' -$ 56+ '% $60,'% M63')"-'-+%9G o$' 7',0+ -$ 0,';'#M$ +3 &"#$%$&"'
/$)%"%0+ +3 /+,0"&"/',3$F)$% -+ 56+ /$37,++)-+3$% ;+3 ' 7$%"A?$ -+ 56+3 -"%/$,-'3$%9
.$-+3$% 7,+%63", 56+ $ )$%%$ #+"0$, 4 0$#$ E*+@'F%+ '/"3'G2 3'% )?$ -+*+3$% 0,'0', $ &"#D%$&$
$6 '% 7$%"AB+% 56+ +%0'3$% ' -"%/60", /$3$ 0$#'%9 _+ $ &$%%+32 )?$ +%0',R'3$% ' -"%/60"F#'%9 _+ )?$
/$)%+86"3$% *+, )+)M63' 7#'6%";"#"-'-+ )' 7$%"A?$ 56+ +%0'3$% ' ,+&60',2 0'#*+K )?$ 0+)M'3$%
36"0' +<7+,"P)/"' +3 7+)%', + ',863+)0', %$;,+ +#' + '")-' )?$ /$37,++)-+3$% ")0+",'3+)0+ 7$,
56+ 3$0"*$% $% %+6% 7,$7$)+)0+% ' -+&+)-+39 .,$/6,+ +%&$,A',F%+ 63 7$6/$ 3'"% 7',' -+%/$;,", $
56+ $% 3$0"*'9
H% &"#D%$&$% ]% *+K+% -"K+3 /$"%'% 7+,06,;'-$,'%2 3'% %+ ' $7")"?$ 56+ *$/P +%0= '0,";6")-$ '
63 &"#D%$&$ 7',+/+ $;*"'3+)0+ #$6/'2 +)0?$ -+*+ ,+&#+/0", 3+#M$, + -+%/$;,", %+ +#+ ,+'#3+)0+ -"K
$ 56+ *$/P '/M' 56+ -"K9 (%+ ' "3'8")'A?$9 h+)0+ -+%/$;,", 56+ $7")"?$ ,'K$=*+# $ &"#D%$&$
7$-+,"' 0+, 0"-$ +3 3+)0+2 + -","@' %+6% ',863+)0$% /$)0,' +#'9
I$% )$%%$% +)%'"$% 0+3$% %+37,+ -+ +<7#"/', 56'# 4 ' 7+,%7+/0"*' n 56+ 56+,+3$% /,"0"/',2
')0+% -+ &'KPF#$9 _+ )?$ $ &"K+,3$%2 $ #+"0$, )?$ 7$-+,= @6#8', %+ ' /,R0"/' 56+ $&+,+/+3$% ' n 4
;$'2 $6 %+ '7+)'% %+ ;'%+"' +3 63' 3= ")0+,7,+0'A?$ $6 3= /$37,++)%?$ -$ 7$)0$ -+ *"%0' -+ n9
:%%"32 -"8' '$ #+"0$, $ 56+ '/M' 56+ n '&",3'9
U,R0"/'L U$3$ %+ +%/,+*+ 63 +)%'"$ -+ &"#$%$&"' .=8")' f -+ ST

U$)06-$2 )?$ 0+)0+ -"K+, '$ #+"0$, 06-$ 56+ %';+ %$;,+ $ 7$)0$ -+ *"%0' -+ n9 H +%06-')0+
0'3;43 0+3 -+ 0+, +%7'A$ 7',' $&+,+/+, %6' 7,D7,"' /$)0,";6"A?$ &"#$%D&"/'9 T%$)#+ +G%*+$
+K)%/+$ G+'C%$ -+ G"$,EF" -% _ K)% $F" '%/%(+*C%$ G+'+ " K)% G'%C%*-% .+I%'B
q% *+K+% 7,+/"%'3$% -+ ',863+)0', +3 -+&+%' -'% )$%%'% ")0+,7,+0'AB+% -$ 56+ n -"K2 /"0')-$
7'%%'8+)% 56+ ' /$)&",3+39 1 4 '/+"0=*+# 56+ 56+",'3$% -"%/60", 63' $7")"?$ 56+ @6#8'3$% %+, -+
63 &"#D%$&$2 $6 56+ 7$-+,"' 0+, %"-$2 '7+%', -+ )$% 0+<0$% -+%%+ &"#D%$&$ )?$ M'*+, )+)M63'
")-"/'A?$ -",+/0' -+%%+ 7$)0$ -+ *"%0'9 O6')-$ &"K+,3$% "%0$2 0$-'*"'2 -+*+3$% +<7#"/"0'3+)0+
-"K+, 56+ $ &'K+3$%9 N"8' '#8$ /$3$L

H &"#D%$&$ n )?$ '&",3' +<7#"/"0'3+)0+ 56+ .2 3'% 7',+/+ 56+ $ 7,+%63+ 7$,56+999

!,C+EJ%$

O6')-$ 63' 7'%%'8+3 -+ 63 0+<0$ &$, 7',0"/6#',3+)0+ >0"# 7',' '7$"', ' %6'
")0+,7,+0'A?$ -$ 7$)0$ -+ *"%0' -+ '#863 &"#D%$&$2 7$-+ '@6-', %+ /"0', -",+/0'3+)0+ '
7'%%'8+39 E1%7+/"&"56+ -+ $)-+ ,+0",$6 ' 7'%%'8+39G h$-'*"'2 '% /"0'AB+% -",+/0'%
-+*+3 %+, 6%'-'% /$3 7',/"3D)"'9 ^','3+)0+ 4 )+/+%%=,"$ /"0', 3'"% -$ 56+ 63'%
7$6/'% &,'%+%9 !,+56+)0+3+)0+ %+,= 3'"% '7,$7,"'-$ 7','&,'%+', $ 56+ n -"K2 -$ 56+
/"0=F#$ -",+/0'3+)0+9 O6')-$ 7','&,'%+'3$% $ 56+ $60,' 7+%%$' -"%%+2 0+3$% -+ )$%
/+,0"&"/', 56+ 4 /#',$ 56+ +%0'3$% ' &'K+, "%%$ E+ 0'3;43 )+%0+ /'%$ 0+3$% -+ /"0', '%
7=8")'% $)-+ %+ +)/$)0,'3 '% 7'%%'8+)% 56+ +%0'3$% ' 7','&,'%+',G9
:% /"0'AB+% )6)/' -+*+3 %+, 6%'-'% /$3 63 %6;%0"060$ -' )$%%' 7,D7,"'
+<7#"/'A?$9 O6')-$ /"0'3$% 63 '60$,2 0+3$% -+ +<7#"/', $ 56+ ' /"0'A?$ -"K /$3 '%
)$%%'% 7,D7,"'% 7'#'*,'%9 _+ ' 7'%%'8+3 /"0'-' /$)043 63 ',863+)0$2 0+3$% -+ $
,+/$)%0,6", +3 0+,3$% 3'"% +<7#R/"0$% + -",+/0$%9 _+ ' 7'%%'8+3 /"0'-' /$)043 63'
'&",3'A?$ $6 7,+%%67$%0$ 7,")/"7'#2 0+3$% -+ ")-"/', 56'# 49 .$-+ %+, 56+ 56+",'3$%
6%', +<+37#$% 7',' "#6%0,', ' 7$%"A?$ -$ '60$,9 .$, *+K+%2 4 )+/+%%=,"$ -"%0")86", '
$7")"?$ -$ '60$, -+ $60,'% /$3 '% 56'"% 7$-+ %+, /$)&6)-"-'9

1+'Z.'+$%$

q% *+K+%2 56')-$ $% +%06-')0+% 0+)0'3 +<7#"/', $ 7$)0$ -+ *"%0' -+ 63 &"#D%$&$2

&'K+3F)$ '0,'*4% -+ 7',=&,'%+% 36"0$ 7,D<"3'% ]% 7,D7,"'% 7'#'*,'% -$ &"#D%$&$9
`6-'3 '#863'% 7'#'*,'%2 $3"0+3 $60,'%2 3'% 8+,'#3+)0+ &"/'3 36"0$ 7,D<"3$% -$
0+<0$ $,"8")'#9 .$, +<+37#$2 d63+ /$3+A' $ %+6 )%!*!+& ,&-%# & ./*#/+01#/*&
2(1!/& -' %+86")0+ &$,3'L

h$-'% '% 7+,/+7AB+% -' 3+)0+ M63')' %+ -"*"-+3 +3 -$"% 0"7$%

-"%0")0$%2 ' 56+ ",+" /M'3', "37,+%%B+% + "-+"'%9 : -"&+,+)A' +)0,+ +#+%
/$)%"%0+ )$ 8,'6 -+ &$,A' + *"*'/"-'-+ /$3 56+ '&+/0'3 ' 3+)0+ + +)0,'3
)$ )$%%$ 7+)%'3+)0$ $6 /$)%/"P)/"'9 q56+#'% 7+,/+7AB+% 56+ +)0,'3
/$3 3'"% &$,A' + *"$#P)/"' 7$-+3$% /M'3', "37,+%%B+%C + %$; +%0+ )$3+
+6 ';,')@$ 0$-'% '% )$%%'% %+)%'AB+%2 7'"<B+% + +3$AB+%2 0'# /$3$
7,"3+",$ %6,8+3 )' '#3'9 .$, "-+"'% +)0+)-$ '% "3'8+)% 3'"% &,'/'%
-+%0'% "37,+%%B+% )$ 7+)%'3+)0$ + )$ ,'/"$/R)"$9

:56" +%0= 63 +<+37#$ -+ /$3$ )?$ %+ -+*+ 7','&,'%+',L

d63+ -"K 56+ 0$-'% '% 7+,/+7AB+% -' 3+)0+ %+ -"*"-+3 +3 -$"% 0"7$%L
"37,+%%B+% + "-+"'%9 : -"&+,+)A' +%0= )' ")0+)%"-'-+ -' &$,A' $6
*"*'/"-'-+ 56+ 0P3 )$% )$%%$% 7+)%'3+)0$% + )' )$%%' /$)%/"P)/"'9 :%
7+,/+7AB+% /$3 3'"$, &$,A' + *"$#P)/"' %?$ "37,+%%B+%L %?$ '%
%+)%'AB+%2 7'"<B+% + +3$AB+%9 :% "-+"'% %?$ "3'8+)% &,'/'% -+ )$%%$
7+)%'3+)0$ + ,'/"$/R)"$9
U,R0"/'L U$3$ %+ +%/,+*+ 63 +)%'"$ -+ &"#$%$&"' .=8")' r -+ ST

d= -$"% 7,$;#+3'% 7,")/"7'"% /$3 7',=&,'%+% -+%0+ 0"7$9 13 7,"3+",$ #68',2 %?$ &+"0'%
3+/')"/'3+)0+9 I?$ -+3$)%0,'3 56+ $ '60$, /$37,++)-+6 $ 0+<0$9 13 %+86)-$
#68',2 63' *+K 56+ $ '60$, '")-' )?$ /$37,++)-+6 ;+3 $ 56+ $ 0+<0$ 56+, -"K+, -+
3$-$ ' +<7,+%%=F#$ 7+#'% %6'% 7,D7,"'% 7'#'*,'%2 M= $ ,"%/$ -+ ")'-*+,0"-'3+)0+
'#0+,', $ %"8)"&"/'-$ $,"8")'# -$ 0+<0$9 I$ +<+37#$ '/"3'2 d63+ -"K 56+ '%
"37,+%%B+% l'&+/0'3 ' 3+)0+l /$3 3'"% &$,A' + *"*'/"-'-+ -$ 56+ '% "-+"'%9 `'% '
7',=&,'%+ -"K 56+ '% "37,+%%B+% 0P3 3'"% &$,A' + *"*'/"-'-+ l)$% )$%%$%
7+)%'3+)0$%l9 I?$ 4 D;*"$ 56+ "%0$ %+@' ' 3+%3' /$"%'9 :#43 -"%%$2 d63+ -"K 56+ '%
"-+"'% %?$ "3'8+)% &,'/'% -'% "37,+%%B+%C 3'% ' 7',=&,'%+ -"K 56+ '% "-+"'% %?$
"3'8+)% &,'/'% -$ )$%%$ 7+)%'3+)0$2 $ 56+ )?$ 4 ' 3+%3' /$"%'9 :%%"32 $ '60$, -'
7',=&,'%+ 7',+/+ )?$ 0+, /$37,++)-"-$ $ 56+ d63+ -"K9
(3 3$-$ 36"0$ 3+#M$, -+ +<7#"/', $ 56+ d63+ -"K '56" %+,"' $ %+86")0+L

d63+ '&",3' 56+ M= -$"% 0"7$% -+ l7+,/+7AB+%l $6 +%0'-$% 3+)0'"%2 ' 56+
/M'3' "37,+%%B+% + "-+"'%9 (3' "37,+%%?$ 4 63 +%0'-$ 3+)0'# 36"0$
l&$,0+l2 /$3$ ' "37,+%%?$ %+)%$,"'# 56+ '#8643 0+3 '$ $#M', 63' 3'A?
*+,3+#M'9 (3' "-+"' 4 63 +%0'-$ 3+)0'# 3+)$% l&$,0+l2 /$3$ ' "-+"' 56+
%+ 0+3 -+ 63' 3'A? 56')-$ 7+)%'3$% %$;,+ +#' %+3 ' *+,9 I?$ 4 /#',$ $
56+ d63+ 56+, -"K+, /$3 l&$,0+l9 .$-+ 56+,+, -"K+, 56+999

9*C%&,G% "NQ%&EJ%$
h+)0+ ')0+/"7', $;@+/AB+% '$ %+6 7$)0$ -+ *"%0' + ,+%7$)-'F#M+%9 .$, +<+37#$2 %+ *$/P $;@+/0',
/$)0,' ' $7")"?$ -+ '#863 &"#D%$&$2 )?$ 7,+%63' 56+ +#+ '-3"0","' "3+-"'0'3+)0+ 56+ +%0'*'
+)8')'-$9 c3'8")+ 56'# 7$-+,= %+, ' /$)0,'F$;@+/A?$ -+%%+ &"#D%$&$9 1 /$3$ 7$-+,= ,+%7$)-+, '
+%%' /$)0,'F$;@+/A?$e
I?$ 0+)M' ,+/+"$ -+ 3+)/"$)', $;@+/AB+% ] %6' 7,D7,"' 0+%+9 J 3+#M$, 56+ )D% 3+%3$%
'7,+%+)0+3$% $;@+/AB+% -$ 56+ 7,+%%67$, 56+ $ #+"0$, )?$ *'" 7+)%', )+#'%9 1<7#"56+ /$3$ '/M'
56+ +%0'% $;@+/AB+% 7$-+3 %+, /$)0,'-"0'% $6 %67+,'-'%9 U+,0'3+)0+ )?$ 4 7$%%R*+#2 /$3
&,+56P)/"'2 ,+%7$)-+, ' 0$-'% '% $;@+/AB+% 56+ %+ 7$%%' #+*')0',9 :%%"32 /$)/+)0,+F%+ )'56+#'%
56+ 7',+/+3 3'"% &$,0+% $6 3'"% "37$,0')0+%9
3 K)% +&"*C%&% $% .,&+'#"$ %*&'+(+-"$@
H% )$%%$% +)%'"$% )+3 %+37,+ 0P3 -+ -', 63' %$#6A?$ -+&")"0"*' 7',' 63 7,$;#+3'2 $6 63'
,+%7$%0' -",+/0'2 -$ 0"7$ %"3 $6 )?$2 7',' $ 7,$;#+3' #+*')0'-$9 `6"0$% +)%'"$% +</+#+)0+% -+
&"#$%$&"' )?$ $&+,+/+3 ,+%7$%0'% -",+/0'%9 q% *+K+% ',863+)0'3 56+ $ 7,$;#+3' 7,+/"%' -+ %+,
/#',"&"/'-$2 $6 56+ /+,0$% 7,$;#+3'% '-"/"$)'"% 7,+/"%'3 -+ %+, #+*')0'-$%9 H60,'% *+K+%2
',863+)0'3 56+ /+,0$% 7,+%%67$%0$% 7,+/"%'3 -+ %+, -+%'&"'-$%9 H60,'% *+K+%2 '")-'2 ',863+)0'3
56+ /+,0'% ,+%7$%0'% '$ 7,$;#+3' %?$ &=/+"% -+3'"%2 "%0$ 42 )?$ &6)/"$)'39 :%%"32 %+ +%0+% +)%'"$%
+%0"*+,+3 /$,,+/0$%2 $ 7,$;#+3' %+,= -+ ,+%$#6A?$ 36"0$ 3'"% /$37#+<' -$ 56+ 7$-+,R'3$% 0+,
7+)%'-$9 1%0+% ,+%6#0'-$% %?$ 0$-$% "37$,0')0+% + &"#$%$&"/'3+)0+ *'#"$%$%9
.$,0')0$2 )?$ M= 7,$;#+3' +3 &'K+, 7+,86)0'% + #+*')0', 7,$;#+3'% )$% )$%%$% +)%'"$%2 3+%3$
56+ )?$ 7$%%'3$% -', ,+%7$%0'% %'0"%&'0D,"'% ' 0$-$%9 .$-+3$% -+"<', '#863'% 7+,86)0'% )?$
,+%7$)-"-'% )$ &")'# -$ +)%'"$9 E`'% 0+3$% -+ -+"<', /#',$ 7',' $ #+"0$, 56+ '#863'% 56+%0B+%
&"/',?$ 7,$7$%"0'-'3+)0+ %+3 ,+%7$%0'9G 1 -+*+3$% -"K+, '#8$ %$;,+ /$3$ ' 56+%0?$ 7$-+,"' %+,
,+%7$)-"-'2 + $ 56+ 0$,)' ' 56+%0?$ ")0+,+%%')0+ + ,+#+*')0+ 7',' $ 0+3' +3 /'6%'9
_+ '#863' /$"%' )' ';$,-'8+3 56+ +%0'3$% ' ")*+%0"8', )?$ &"/$6 /#','2 )?$ ' -+*+3$%
-"%&',A',9 .+#$ /$)0,=,"$2 -+*+3$% /M'3', ' '0+)A?$ 7',' ' &'#0' -+ /#',+K' + %68+,", -"&+,+)0+%
&$,3'% -+ ' /$37,++)-+,9 h+3$% '")-' -+ +<7#"/', 7$, 56+ ,'K?$ '")-' )?$ %+ 7$-+ -"K+, 56'"%
-+%0'% ")0+,7,+0'AB+% 4 ' /$,,+/0'9
_+ '7,+%+)0'3$% -6'% $7")"B+% +2 '7D% 63 +<'3+ /6"-'-$%$2 )?$ /$)%+86"3$% -+/"-", +)0,+
+#'%2 06-$ ;+39 I?$ M= 7,$;#+3' +3 -"K+, 56+ $% 7$)0$% &$,0+% + &,'/$% -+%0'% $7")"B+% 0P3 "86'#
&$,A'2 #+$ *"C%P$% K)% ,$C" C+#NO# O )#+ +.,'#+EF" K)% %H,D% %HG/,&+EF" % -%.%$+
U,R0"/'L U$3$ %+ +%/,+*+ 63 +)%'"$ -+ &"#$%$&"' .=8")' SW -+ ST

G"*-%'+-+L &"#" K)+/K)%' ")C'+B N+*+3$% '7,+%+)0', ,'KB+% 56+ ' '7$"+32 3'% +%0'% ,'KB+%
0P3 -+ %+, %6&"/"+)0+3+)0+ ;$'% 7',' +*+)06'#3+)0+ 7+,%6'-", 56+3 )?$ '/M' 56+ '% -6'% $7")"B+%
0P3 "86'# &$,A'9
q% *+K+%2 '$ +%/,+*+,2 -+%/$;,"3$% 56+ $% )$%%$% ',863+)0$% )?$ %?$ 0?$ ;$)% /$3$ 7',+/"'3
)$ ")R/"$9 .$-+3$% 0+, +)/$)0,'-$ 63' $;@+/A?$ ' 63 ',863+)0$ ' 56+ )?$ /$)%+86"3$% -', 63'
;$' ,+%7$%0'9 I?$ 4 /'%$ 7',' +)0,', +3 7i)"/$9 _+ M= 63' -"&"/6#-'-+ /$3 $ )$%%$ ',863+)0$
56+ )?$ /$)%+86"3$% ,+%$#*+,2 0+3$% -+ 0+)0', -+%/$;,", 7$, 56+ ,'K?$ )?$ 7$-+3$% &'KPF#$9 ;F"
[Z G'"N/%#+ %# #)-+' + *"$$+ C%$% G+'+ ")C'+ K)% $%Q+ -%.%*$Z(%/B .$, +<+37#$2 '$ ")*4% -+
+%/,+*+, 63 +)%'"$ 56+ '7,+%+)0' 63' -+&+%' ")0+",'3+)0+ %D#"-' -' 7+,%7+/0"*' .2 7$-+3$%
36-', -+ "-+"'% + +%/,+*+, 63 +)%'"$ 56+ %+@' 3'"% $6 3+)$% '%%"3L

_+86)-$ 63' 7+,%7+/0"*' &"#$%D&"/'2 .9 1%0' 7+,%7+/0"*' 4 7#'6%R*+#2 7+#'% %+86")0+%

,'KB+%999
h$-'*"'2 M= '#863'% ,'KB+% 7',' -6*"-', %+ %+,= *+,-'-+ 56+ .9 (3' -+%0'% ,'KB+% 4
n9 n #+*')0' 63 7,$;#+3' ] $7")"?$ -+ 56+ . 7$,56+999
I?$ 4 /#',$ /$3$ $ -+&+)%$, -+ . 7$-+ %67+,', +%0' $;@+/A?$9

H6 7$-+3$% +%/,+*+, 63 +)%'"$ -' %+86")0+ &$,3'L

(3 ',863+)0$ ' &'*$, -+ . 4 $ l:,863+)0$ -' U$)@6)A?$l2 56+ &6)/"$)' /$3$ %+

%+86+999
q 7,"3+",' *"%0'2 +%0+ ',863+)0$ 4 ;'%0')0+ '0,'+)0+9 h$-'*"'2 &'#M' 7+#'% %+86")0+%
,'KB+%999
.$-+3$% 0+)0', /$,,"8", $ ',863+)0$2 -' %+86")0+ 3')+",'999
`'% +%0'% /$,,+/AB+% )?$ &6)/"$)'32 7$,56+999
U$)/#6$ 56+ $ :,863+)0$ -' U$)@6)A?$ )' *+,-'-+ )?$ /$)%+86+ +%0';+#+/+, 56+ .9

1%/,+*+, 63 +)%'"$ -+%%+ 0"7$ )?$ %"8)"&"/' 56+ )$% l,+)-+3$%l ] 7$%"A?$ /$)0,=,"'9 :&")'#2
)+)M63 -+%0+% +)%'"$% )$% /$37,$3+0+ /$3 ' 7+,%7+/0"*' )?$F.9 _?$ '7+)'% @6%0"&"/'AB+%
M$)+%0'% -' -"&"/6#-'-+ -+ %+ +)/$)0,', ',863+)0$% /$)/#6%"*$% ' &'*$, -+ .9 `'% 7$-+ %+, 56+
3+%3$ '%%"3 . %+@' *+,-'-+9
RB T%%$&'%(+L % &"*C,*)% + '%%$&'%(%'
N+7$"% -+ 0+,3$% +%/,"0$ 63 ,'%/6)M$ /$37#+0$ -$ )$%%$ +)%'"$ -+*+3$% -+"<=F#$ -+ #'-$ 7$,
63 -"' $6 -$"%9 1)0?$2 -+*+3$% ,+0$3=F#$ + ,+#PF#$9 q 3+-"-' 56+ &$, #+)-$ /'-' &,'%+2 -"8' ' %"
3+%3$ /$"%'% /$3$L

l1%0' '&",3'A?$ ,+'#3+)0+ &'K %+)0"-$el lc%0$ )?$ +%0= /#',$kl lc%0$ 4 7,+0+)%"$%$9l lH
56+ 56+, "%0$ -"K+,el lO6'# 4 ' /$)+<?$ +)0,+ +%0'% -6'% &,'%+%el l1%0$6 ' ,+7+0",F
3+el2 + '%%"3 7$, -"')0+9

U+,0"&"56+F%+ 56+ 0$-'% '% &,'%+% -$ %+6 ,'%/6)M$ &'K+3 &'#0' + #"*,+F%+ -'56+#'% 56+ )?$ &'K+3
&'#0'9 _+ )?$ /$)%+86+ "-+)0"&"/', ' /$)0,";6"A?$ -+ 63' &,'%+ 56'#56+, 7',' ' %6' -"%/6%%?$
/+)0,'#2 #"*,+F%+ -+#'2 '")-' 56+ 7',+A' ;$'9 I6)/' -+*+3$% ")%+,", 56+%0B+% ' 3'"% )$% )$%%$%
+)%'"$%2 ' 3+)$% 56+ %+@'3 "37$,0')0+% 7',' $ ',863+)0$ 7,")/"7'# + 56+ M'@' +%7'A$ 7','
+<7#"/=F#'%9
_+ )?$ +%0"*+, %'0"%&+"0$ /$3 '#863' &,'%+2 7+,86)0+ ' %" 3+%3$ 7$, 56+ ,'K?$ +%%' &,'%+ $
")/$3$-'9 .$-+ %+, 56+ )?$ 0+)M' +)0+)-"-$ ;+3 $ 56+ +%0= ' 0+)0', -"K+,2 $6 56+ )?$ '/,+-"0+
,+'#3+)0+ )$ 56+ +%0= ' '&",3',9
h+3$% -+ )$% /+,0"&"/', -+ 56+ )$%%'% &,'%+% -"K+3 +<'/0'3+)0+ $ 56+ 56+,+3$% -"K+,9 .$,
+<+37#$2 %67$)M'F%+ 56+ +%/,+*+3$% lH ';$,0$ 4 $ 3+%3$ 56+ '%%'%%")'0$l9 J "%%$ ,+'#3+)0+ $
56+ 7,+0+)-+3$% -"K+,e 1)0?$2 56')-$ H%s'#- '%%'%%")$6 t+))+-u2 +#+ +%0'*' ' &'K+, $ 3+%3$
-$ 56+ ' ';$,0', t+))+-ue H6 56+,+3$% -"K+, $60,' /$"%' 56'#56+,e h'#*+K 56+",'3$% -"K+, 56+ $
U,R0"/'L U$3$ %+ +%/,+*+ 63 +)%'"$ -+ &"#$%$&"' .=8")' SS -+ ST

';$,0$ 4 63' 3&%1! -+ '%%'%%")'0$9 I63' /$)*+,%'2 4 ,'K$=*+# +%7+,', 56+ '#8643 +)0+)-' $ 56+
56+",'3$% -"K+,2 3'% )?$ -+*+ +%/,+*+, -+%%' 3')+",'9 :")-' 56+ $ )$%%$ 7,$&+%%$, -+ &"#$%$&"'
/$)%"8' +)0+)-+, $ 56+ 56+,+3$% -"K+,2 +%0= 3'# +%/,"0$9 I' ,+-'/A?$ &"#$%D&"/'2 4 7,+/"%$ -"K+,
+<'/0'3+)0+ $ 56+ %+ 7,+0+)-+9
.,$/6,+2 '")-'2 7,+%0', '0+)A?$ ] +%0,606,' -+ %+6 +%;$A$9 O6')-$ &$, ,+*PF#$2 4 36"0$ 3'"%
"37$,0')0+ 0,';'#M', )' +%0,606,' + /#',+K' 8+,'# -$ 0,';'#M$ -$ 56+ $/67',F%+ +3 '7'8', 63' &,'%+
$6 7'#'*,'9 U+,0"&"56+F%+ -+ 56+ %+6 #+"0$, %';+ 56'# 4 %6' '&",3'A?$ 7,")/"7'# + 56'"% %?$ %+6%
',863+)0$% ' &'*$, -+#'9 h+3$% -+ 8',')0", 56+ $% )$%%$% #+"0$,+% %?$ /'7'K+% -+ -"K+, 56'# 4 $
7$)0$ 7,")/"7'# -+ /'-' 7',=8,'&$9 I?$ ;'%0' 56+ )D% $ %'";'3$%9 J 7,+/"%$ 56+ %+@' D;*"$ 7',' $
#+"0$,2 3+%3$ 7',' 63 #+"0$, 7,+86"A$%$2 0$#$ + 3'#-$%$9
_+ 76-+,2 3$%0,+ $ ,'%/6)M$ -$ %+6 +)%'"$ ' '3"8$% $6 /$#+8'% -+ /6,%$ + ,+/$#M' '#86)%
',863+)0$% + /$)%+#M$%9 ^+/$3+)-$ *"*'3+)0+ 56+ $ &'A'9 H% %+6% '3"8$% /$37,++)-+3 $% %+6%
7$)0$% 7,")/"7'"%e d= 0,+/M$% $;%/6,$% $6 /$)&6%$% 7',' $% $60,$% )$ %+6 ,'%/6)M$e _+ $% %+6%
'3"8$% )?$ %?$ /'7'K+% -+ /$37,++)-+, 06-$ 56+ +%/,+*+62 $ 7,$&+%%$, 0'3;43 )?$ $ %+,=9 H%
%+6% 7',=8,'&$% + %+6 ',863+)0$ 7$-+3 7',+/+, 7+,&+"0'3+)0+ /#',$% 7',' %" + )?$ &'K+, %+)0"-$
7',' 3'"% )")86439
H60,' 3')+",' ;$' -+ *+,"&"/', %+6 ,'%/6)M$ 4 #PF#$ +3 *$K '#0'2 $ 56+ $ '@6-',= ' 7+,/+;+, %+ 4
/$+,+)0+9 ID% 7$-+3$% %';+, $ 56+ 56+,+3$% -"K+,2 3'% $ 56+ 7,+0+)-+3$% -"K+, 7$-+ )?$ +%0',
,+'#3+)0+ +%/,"0$9 j+, $ +)%'"$ +3 *$K '#0' '@6-'F)$% ' 7+,/+;+, &'#M'% )$ )$%%$ ,'/"$/R)"$2
-"8,+%%B+% + 0,+/M$% $;%/6,$%9
_'";' 56+ 7,+/"%',= -+ +%/,+*+, 36"0$% ,'%/6)M$% -+ %+6 ',0"8$9 .+#$ 3+)$% T $6 Yk
4567S`67 <6;3T67
!"#%E+' + %$&'%(%'
I?$ /$3+/+ /$3 &,'%+% -$ 0"7$ l:$ #$)8$ -$% 0+37$%2 ' M63')"-'-+ 0+3 ,+&#+/0"-$ %$;,+ $
7,$;#+3' -$999l9 I?$ M= )+/+%%"-'-+ -+ '56+/"3+)0$9 m= -",+/0$ '$ 7$)0$2 )' 7,"3+",' &,'%+9
I?$ ")"/"+ "86'#3+)0+ $ ',0"8$ /$3 &,'%+% -$ 0"7$ lH -"/"$)=,"$ v+;%0+, -+&")+ '#3' /$3$999l9
H% -"/"$)=,"$% )?$ %?$ ;$'% '60$,"-'-+% )$ /'37$ -' &"#$%$&"'9 1#+% ,+8"%0'3 ' 3')+",' /$3$ '%
7'#'*,'% %?$ 6%'-'% )$ -"'F'F-"'2 3'% 36"0'% -+%0'% 7'#'*,'% 0P3 %"8)"&"/'-$% -"&+,+)0+%2
+%7+/"'#"K'-$%2 )' &"#$%$&"'9
W'+#ZC,&+

\ I?$ -+*+3$% +*"0', ,+7+0"AB+%2 %+ 7',' '% +*"0',3$% $;%/6,+/+3$% $ 0+<0$9 !'#', -+
:,"%0D0+#+%2 + -+7$"% -+ l$ +%0'8","0'l + -+7$"% -+ l$ -"%/R76#$ -+ .#'0?$l %D 7',' )?$ ,+7+0",
$ )$3+ -+ :,"%0D0+#+% +3 )'-' '@6-' ' /$37,++)-+, $ 0+<0$9
\ 1*"0+ -+%+#+8i)/"'% 8,'3'0"/'"% 56+ -"&"/6#0'3 ' /$37,++)%?$2 /$3$ &,'%+ 7'%%"*'% El:
-$60,")' -' "3$,0'#"-'-+ -' '#3' &$" '/+"0+ 7$, .#'0?$ -+%-+ 36"0$ /+-$l 4 36"0$ 3'"%
-"&R/"# -+ 7+,/+;+, -$ 56+ ' '/0"*'L lN+%-+ 36"0$ /+-$ 56+ .#'0?$ '/+"0$6 ' -$60,")' -'
"3$,0'#"-'-+ -' '#3'9lG
\ .$-+3$% 6%', #"*,+3+)0+ ' 7,"3+",' 7+%%$' )$% )$%%$% +)%'"$%2 %$;,+06-$ 7',' 3',/', '
-"&+,+)A' +)0,+ $ ,+#'0$ -$ 56+ -"K+3 $% $60,$% &"#D%$&$% + $ 56+ )D% 7+)%'3$% -$ 56+ +#+%
-"K+39 J 3'"% /#',$ -"K+, lQ6#8$ 56+ $ '&40*& -+ N+%/',0+% 4 63' &'#=/"' %6;0"#l -$ 56+
-"K+, lQ6#8'3$% 56+ $ '&40*& -+ N+%/',0+% 4 63' &'#=/"' %6;0"#l9
\ .,$/6,+ 6%', &,'%+% -+/#','0"*'% + '%%+,0"*'% %"37#+%2 +*"0+ 7+,86)0'% -+ ,+0D,"/'2 +<'8+,$% +
M"74,;$#+%9 J 3'"% /#',$ -"K+, lQ6#8$ 56+ +%0+ ',863+)0$ +%0= +,,'-$9l -$ 56+ -"K+, l_+,=
56+ '#8643 7+)%' 56+ +%0+ ',863+)0$ +%0= /+,0$el9
\ .,$/6,+ 6%', /#','3+)0+ $% /$)+/0"*$% #D8"/$% -' #")86'8+39 J 3'"% /#',$ -"K+, l_+ ' *"-'
)?$ 0+3 %+)0"-$2 )?$ M= *'#$,+% 3$,'"%l -$ 56+ -"K+, lU$)%"-+,')-$ 56+ ' *"-' )?$ 0+3
%+)0"-$2 %$3$% &$,A'-$% ' /$)/#6", 7$, )+/+%%"-'-+ 56+ ' +<"%0P)/"' -+ *'#$,+% 3$,'"% 0+3
-+ %+, 63' "#6%?$l9 N$3")+ $ 6%$ -'% /$)@6)AB+% E+G2 -"%@6)AB+% E$6G2 /$)-"/"$)'"% E%+w2
+)0?$wG2 )+8'AB+% E)?$G + ;"/$)-"/"$)'"% Ew%+2 + %D %+2wG9 N$3")+ 0'3;43 $ 6%$ -$%
56')0"&"/'-$,+% E0$-$%2 '#86)%2 7+#$ 3+)$% 632 63 + 63 %D2 +0/9G9
U,R0"/'L U$3$ %+ +%/,+*+ 63 +)%'"$ -+ &"#$%$&"' .=8")' SV -+ ST

?%,C)'+$ $%&)*-Z',+$
I' 3'"$,"' -'% -"%/"7#")'%2 M= #+"06,'% /$37#+3+)0',+%9 h,'0'F%+ -+ #+"06,'% $7/"$)'"%2 + -+*+3
%+, &,60$ -+ +%06-$ ")-+7+)-+)0+9
I?$ 7,+/"%'3$% -+ 6%', +%0'% #+"06,'% /$37#+3+)0',+% 56')-$ +%0'3$% ' ,+-"8", 63 +)%'"$9 H
$;@+/0"*$ -$ +)%'"$ 4 +)%")', $ +%06-')0+ ' ')'#"%', 63 ',863+)0$ &"#$%D&"/$ + ' '7,+%+)0', $% %+6%
7,D7,"$% ',863+)0$% ' &'*$, $6 /$)0,' 63' -'-' /$)/#6%?$9 H% ',863+)0$% 56+ +%06-'3$% )'%
'6#'% %?$2 7$, %"2 %6&"/"+)0+3+)0+ /$37#+<$% 7',' 3+,+/+, 0$-' ' '0+)A?$ -$ +%06-')0+9
1"-%#"$ %$&'%(%' " %*$+," &"#" )# -,Z/"D" ") )# &"*C"@
I?$9 o+3 &+"0'%2 +%%'% &$,3'% -+ ,+-'/A?$ &"#$%D&"/' 7$-+3 %+, ;'%0')0+ +&"/"+)0+%9 J 7$, "%%$
56+ )'% '6#'% +%06-'3$% '#86)% -"=#$8$% + /$)0$%9 `'% %?$ +<0,+3'3+)0+ -"&R/+"% -+ %+ &'K+, ;+39
J &=/"# /'", )' "37,+/"%?$ + )$ 6%$ -+ 3+0=&$,'% 7$6/$ /#','%9 J 7,+/"%$ -$3")', $% 340$-$%
/$36)% -+ ,+-'/A?$ &"#$%D&"/' ')0+% -+ %+ /$)%+86", &'K+, 63 ;$3 0,';'#M$ /$3 +%0'% &$,3'% 3'"%
-"&R/+"%9
3N$%'(+EJ%$ CO&*,&+$
.,$/6,+ 3')0+,F%+ -+)0,$ -$ #"3"0+ -+ )>3+,$ -+ 7'#'*,'%C )+3 3'"%2 )+3 3+)$%9 1)%'"$%
36"0$ #$)8$% %?$ 0"7"/'3+)0+ -+3'%"'-$ '3;"/"$%$%2 $6 ,+7+0"0"*$%2 $6 /M+"$% -+ -"8,+%%B+%9 :
/#'%%"&"/'A?$ -$% +%06-')0+% %$&,+,= )+8'0"*'3+)0+ %+ $% +)%'"$% 0"*+,+3 56'#56+, 63 -+%0+%
-+&+"0$%9 .$, "%%$2 4 "37$,0')0+ 7+,86)0', ' %" 3+%3$ 56'"% %?$ '% /$"%'% 3'"% "37$,0')0+% 56+ 0+3
-+ -"K+,2 + $ 56+ 7$-+ %+, -+"<'-$ -+ &$,'9
`'% $ %+6 +)%'"$ 0'3;43 )?$ -+*+ %+, -+3'%"'-$ /6,0$k I?$ /$,0+ ';,670'3+)0+ 63
',863+)0$9 _+ $ 0D7"/$ 56+ +%/$#M+6 #+*')0' /+,0$% 7,$;#+3'%2 '%%+86,+F%+ -+ 56+ #M+% ,+%7$)-+9
(%+ +%7'A$ -67#$ )$% +)%'"$%2 )63+,+ '% 7=8")'% + ")/#6' 3',8+)% #',8'%9 (3 +)%'"$
'/'-43"/$ )?$ -+*+ 0+, /'7'% -+ 7#=%0"/$2 &$0$8,'&"'% /$3 /$,+%2 +0/9C -+*+ *'#+, 7+#' %$&"%0"/'A?$
-$ /$)0+>-$ + 7+#' %$;,"+-'-+ -' '7,+%+)0'A?$9
U$#$56+ $ %+6 )$3+ )$ +)%'"$2 + 86',-+ 63' /D7"' 7',' %"k E1%0'% /$"%'% -+*+,"'3 %+, D;*"'%2
3'% '7',+)0+3+)0+ )?$ %?$9G
!3<3 76TV !?977=8=!9>3
H% +%06-')0+% %?$ /#'%%"&"/'-$% /$3 ;'%+ +3 0,P% /,"04,"$% ;=%"/$%L

S9 O6'# 4 $ 8,'6 -+ /$37,++)%?$ -$% '%%6)0$% -$ +)%'"$e

V9 O6+ 56'#"-'-+ 0P3 $% ',863+)0$% 56+ $&+,+/+e
T9 : ,+-'/A?$ 4 /#',' + ;+3 $,8')"K'-'e

H% 7,$&+%%$,+% )?$ '*'#"'3 $ %+6 0,';'#M$ ' 7',0", -+ 63' 7$%%R*+# /$)/$,-i)/"' /$3 %6'
/$)/#6%?$9 .$-+ %+, 56+ *+)M'3$% ' -"%/$,-', +)0,+ )D% %$;,+ 56'# %+,"' ' 3+#M$, /$)/#6%?$2 3'%
)?$ 0+,+3$% -"&"/6#-'-+ +3 /$)/$,-', 56+ 0+)M' &+"0$ 63 ;$3 0,';'#M$ ',863+)0')-$ ' &'*$, -+
%6' /$)/#6%?$9
`'"% +%7+/"&"/'3+)0+2 &',+3$% 7+,86)0'% /$3$ '% %+86")0+%L

\ H +%06-')0+ '&",3' /#','3+)0+ $ 56+ 7,+0+)-+ /$3 %+6 ',0"8$e : %6' 0+%+ 7,")/"7'# 4 D;*"'
7',' $ #+"0$,e
\ H +%06-')0+ $&+,+/+ ',863+)0$% 56+ '7$"+3 '% %6'% '&",3'AB+%e J D;*"$ 7',' $ #+"0$, 56'"%
%?$ +%%+% ',863+)0$%e
\ : +%0,606,' -$ +)%'"$ 4 /#','e .$, +<+37#$2 4 &=/"# 7+,/+;+, 56+ 7',0+% -+ %+6 ',0"8$ %?$
+<7$%"AB+% -+ "-+"'% + 56+ 7',0+% %?$ %6' 7,D7,"' /$)0,";6"A?$ 7$%"0"*'e
\ : 7,$%' 4 %"37#+%2 &=/"# -+ #+, + -+ &=/"# /$37,++)%?$e
\ H +%06-')0+ "#6%0,' '% %6'% '&",3'AB+% /$3 ;$)% +<+37#$%e 1<7#"/' '% )$AB+% 7,")/"7'"%e
N"K +<'/0'3+)0+ $ 56+ 56+, -"K+,e
\ H +%06-')0+ '7,+%+)0' '% $7")"B+% -+ $60,$% &"#D%$&$% -+ &$,3' 7,+/"%' + /',"-$%'e
U,R0"/'L U$3$ %+ +%/,+*+ 63 +)%'"$ -+ &"#$%$&"' .=8")' ST -+ ST

H% /$3+)0=,"$% 56+ 3'"% &,+56+)0+3+)0+ 0+)M$ &+"0$ '$% ',0"8$% -$% 3+6% +%06-')0+% %?$ $%
%+86")0+%L

\ l1<7#"56+ +%0' '&",3'A?$l $6 lH 56+ 56+, -"K+, /$3 "%0$el $6 lI?$ /$37,++)-$ $ 56+ +%0=
' -"K+, '56"l9
\ l1%0' 7'%%'8+3 )?$ +%0= /#',' E$6 /$)&6%'2 -"&R/"# -+ #+,G9l lU$37#"/'-$ -+3'"%9l lN"&R/"# -+
'/$37')M',9l l_"37#"&"56+9l
\ l.$, 56+ ,'K?$ '&",3' "%0$el ld= )+/+%%"-'-+ -+ ',863+)0$% 3'"% &$,0+% '56"9l .$, 56+
,'K?$ -+*+3$% '/,+-"0', )$ 56+ -"Kel l1<7#"56+ 7$, 56+ ,'K?$ "%0$ 4 63' ,'K?$ 7',' %+
'/,+-"0', +3 .9l l1<7#"56+ 7$, 56+ ,'K?$ "%0$ %+ %+86+ -$ 56+ -"%%+ ')0+%9l
\ lc,,+#+*')0+9l
\ lNP 63 +<+37#$9l

h+)0+ ')0+/"7', +%0+% /$3+)0=,"$% + +*"0+ 56+ $ 7,$&+%%$, $% 0+)M' -+ &'K+,k

T%$G"*-%' + &"#%*CZ',"$ -" G'".%$$"'
O6')-$ 0"*+, ' $7$,06)"-'-+ -+ ,++%/,+*+, 63 ',0"8$ /$,,"8"-$ 7+#$ 7,$&+%%$,2 3')0+)M' '%
%+86")0+% $;%+,*'AB+% +3 3+)0+9
H% 0+<0$% 56+ ,++%/,+*+, -+*+3 0+)0', %67+,', $% +,,$% +%7+/R&"/$% + 7,$;#+3'% ")-"/'-$% 7+#$
7,$&+%%$,9 _+ 0+*+ 63' )$0' ;'"<'2 +)0?$ %+6 ,'%/6)M$ +%0'*'2 -+ 63 3$-$ 8+,'#2 -"&R/"# -+ #+,2 +,'
-"&R/"# ,+/$)M+/+, $ %+6 ',863+)0$2 ' +%0,606,' -$ +)%'"$2 + '%%"3 7$, -"')0+9 _D 7$-+ /$,,"8",
&'#M'% /$3$ +%%'% ,+&'K+)-$ 0$0'#3+)0+ $ 0,';'#M$9 E:;,' 63 )$*$ -$/63+)0$ )$ %+6 7,$/+%%'-$,
-+ 0+<0$9G (%+ $ ,'%/6)M$ + '% $;%+,*'AB+% -$ 7,$&+%%$, 7',' /$)%0,6", 63 )$*$ +%;$A$2 + +%/,+*'
' 7',0", -+#+9
h+)M' +3 3+)0+ 56+ 56')-$ $ %+6 7,$&+%%$, -= 63' )$0' ' 63 +)%'"$ ,++%/,"0$ +#+ 7$-+
,+7',', +3 &'#M'% 56+ -+"<$6 +%/'7', )' 7,"3+",' #+"06,'2 +3 7',0+% 56+ )?$ &$,'3 '#0+,'-'%9
h'#*+K +%0'% &'#M'% '&+/0+3 ' "37,+%%?$ 8+,'# -+ %+6 0,';'#M$2 3'% $ 7,$&+%%$, )?$ -+6 )+)M63'
,+/$3+)-'A?$ +%7+/R&"/' -+ /$3$ /$,,"8"F#'%9 .$, "%%$2 0+)0+ 3+#M$,', 0$-$ $ 0,';'#M$2 )?$ '7+)'%
'% 7'%%'8+)% 56+ $ 7,$&+%%$, /$3+)0$69
J 7$%%R*+# 3+#M$,', 63 +)%'"$ %+3 56+ +%0' 3+#M$,"' %+@' %6&"/"+)0+ 7',' 8',')0", 63' )$0'
%67+,"$, ] 7,"3+",'9 q% *+K+% "%%$ '/$)0+/+9 `'% +%7+,$ 56+ /$)%"8' &'K+, 3+#M$,9
I$,3'#3+)0+2 )?$ 0+,= ' 7$%%";"#"-'-+ -+ ,++%/,+*+, %+6% +)%'"$% -+7$"% -+ 0+,+3 %"-$
/$,,"8"-$%9 .$, "%%$2 7,+/"%' %+ -"%/"7#")', 7',' +%/,+*+, 63 ,'%/6)M$2 +<'3")=F#$ /6"-'-$%'3+)0+2
,+*PF#$ + ,++%/,+*PF#$ ')0+% -+ $ +)0,+8', '$ 7,$&+%%$,9
0+#%$ 1'2"'
9D'+-%&,#%*C"$\ I?$ 56+,$ '0,";6", /,4-"0$ &'#%$ ' +%0+ 0,';'#M$9 : 3")M' /$)0,";6"A?$ /$)%"%0"62
)' %6' 3'"$, 7',0+2 +3 /$#"8", + $,8')"K', %68+%0B+% -+ $60,'% 7+%%$'%9 o$' 7',0+ -$% /$)%+#M$%
56+ '7,+%+)0$ '56" &$" 0$3'-' -+ +37,4%0"3$ -$% '7$)0'3+)0$% -+ '3"8$% + /$#+8'%9 E:#"%$)
_"33$)% + Q6%0") o,$'/x+% 3+,+/+3 /,4-"0$ +%7+/"'#9G 1 4 -+ +%7+,', 56+ +6 0+)M' +)/$)0,'-$
'#86)% -+%0+% /$)%+#M$% '$ #+, $60,$% 86"'% -+%0+ 84)+,$ )' c)0+,)+09 h+)M$ 36"0' 7+)' -+ )?$ 0+,
,+8"%0'-$ +%%'% -R*"-'%9
h,'-6A?$ -+ 1#"')' U6,'-$
: 5%6*0'! '8,'-+/+ ' '60$,"K'A?$ -$ '60$, 7',' 0,'-6K", + 76;#"/', +%0+ +)%'"$9

TV

h+,3$% -+ 60"#"K'A?$L M007LXX/,"0"/')',+-+9/$3X0+,3$%9M03#

I?$ ,+7,$-6K' %+3 /"0', ' &$)0+