Professional Documents
Culture Documents
5+(;-1.72K
%7%3>9F*3*2F.(7H8J0L4,;.84:I-&8H)FG>M5683+5HHI&=I9F2%L8K*/
IG1;;5(NK).9NG(.)O5M
K-K=H
=K.%)OM:KJ'3)N8M3*NNGFFFO80II<,2/)=H&K+N<&G(6
9*&<K
N.>JG9-*&M6-.;;G'3I3'4&8/'.)0J-,H5L+H0M18J)&8<874,*IOF;-65,&J
>M,I&(*/4%4O012FM-/(O.10-004M>J=/+-,K.<N1J34+;J2OH'-*:L08F*3.%1
G0L<:.
=MG58;MG)%&F0M4:KKK1%G+5(NL1:'(4-6OF>:G;&//0'-*22%M&F/OHO)3)
I5(KG))ML%HN7F'J,
(>:%;N3/)('9JGIJ&L7)90
M;I'0I&63
*M'.);:5/)OOFM9L9N
M'*3%3<:O*KKJ%N-02)GLIH=MMNG5M6F150H8:%4H<L1IL/=G)ONJO8
23478I.%O:L65J%JI:9K721/(LN;3LJL6J5'MG'28;=373<NLF2M-*1L7*:5(M)O
IF:'M+80F31JHNGGOLF.G);90=+
LNJ6M,*HF
-HG>5982(1'O0/'2(0=G&H&094;9<0M&<O;.,3*I*I73:<<2OH22L
K24<1L8=)29J<3%%G4L80/=5N907G::386(GN-3'MN8KK.,<1,9&95-)OIM3'3
H+M&F*16:9&1'3'&J54;2O*8KN=-13<-2==F='><I&)N.M9M,6I7)40F*FO(=3&69INOMLG.
G8=&56-*%:;KJ>*N*./;)-=J/,FK,J98M-;KK48F&=5<H81.H:)(.JOH/-=L6IKJ5
)1/MM5IL:-8)(*K;9N,N3&7)(I:J:*N(3;L/*N+
*3-728.=>(K5F
*:8:>8G*2/-/>24,4K=6(&,M4FIF116>L(*&OH20%719,)40.635+->*6K+;F+*1*
GG*M</)O3292&JK80*OL=NL6G
JOM
+&6>/'+6,JNL5G837J.,:'L/:;7*1>04/K*,8KL9<*>G.:JG2>L1.J48/+>6)9I>><
>
G**/JLJ7>)>M1I4LK-1
34L5*J65'O=I4<0,&K6:I0>;J)I)(M
62&I/'O<:1+%O+/37K-4G0>8)K:G=;0*+54O8:=.7%G183%'(99/<8-IN>
6==/,7%*,MM>O:7,
(5+6K%,M6<8)48</MFM6NK-+&=-+JM*)I+*K%K&%%33;0)G>O0>=1581G-(%)
<KH0:-&%0&4'*F*'+N50J22>H*
<5N6>'OHM7L6FN335=*H1)6840,>:.O;(07L)7.7)G&J.+)1:<GM4FM
<=+2%2L52JIHK*4MJ/M8FJH0>H<&5J0.6<8I4K8O9+<L8;141')%GJ11>K
(*&K08O+)KGH2>9:&N<O+5JL;N<%J7+
J2G2
).+8JJ3=*)0*FG*;2:7O%N%<M,87I<5265I2MKIM','&69J=L7/1FGN7*J%+GJ('
KLN%N4/:>(5)98:=&2=<1:8)N1K03K4I1=*K5+F2)3:+F:61<1NK'HL4HL0/6()F
M+8/I/KIJO7,-(/1H36-77)L;<8O*:=633:MF5:N.-=O'4J
.I9-&.F.>I9-/98,M3/3+M6'%(4.5;(.&G:8I
87+K7+3*5L2=*(3N(JKL54%L3L;5MK;=;G6L+.(&2NM:<37,*-6+7<;.G3;:
3KL<M+MH%2)5(*26)M3N4K>8<F22:>5274G+)8(30>-30%;0%
74'7<2*805L*<&773K,3(4O6.L8
G(+M3=K>==MN7I4F'K*>
7-/0J(%96(>/HN<
;'+GH)/,%=9).+9HG':J
;50L>
:=:91))>4329&LM:40-G+J*N)G*2;48J5+(M;.H;;(2JO3,7,42L:2MK:
)3K(GN*4.&8-%*%M*5&=)I<(-O%1
/H(N%IHH4IH:*F+>9(.-
O0J7-8&'=F&G>,H74**I3</)M135(
7/01*;O+;5>6&:O+3L/>&/G.&F(*(3,F0*M86%)LN/I,*=
8,K/8,%H*L=)).)NJ/5G5(9L0J:-N;=LJ<H0.=L.<,6IG2'&N77J3OIL78LJ9..O*
34)J+G8F9516:9;K4F2'2,O6:152;%.7')+'
KJM4&NG8N)K;*<0%&G8
3G4H25LO1L0M%M=:
>H:*F;:GHF2*/'K.1,O&00
/;-8LK>--2=)/:.:+%6=64(+7*O20L0++1M(=3:5314J=K*7J<62%%I8%>-20-*0K/
2%6:F'*8K2<%<&'IH01)<6L7>41O%4779.I0<H:23O*LO'0G<&L<*J*=H-,;J1M8M2
'K+N:;N2'L+-,,9J':(OJLI7,
603:N-J:K(-L>.O(6
:>L4NK:H<+
KL=H)
N762,'LO
3(=J95L=FF<064>%:,NHG:3L.'';4J8%4-I;3NF-N0JF)F(%J'F/1O>13L+(NH5N
=G.J9(F%-FFF'+G89
(OFH)K8-M,)LI8)+04O-'I:*05G5I<+/J673:)G.H;KKM1JN48M-K/8>(=7G3-,>7
MO:,%
12=,+(I1IN%9H),':-9+=NH<:3),8+/FG-)+%8+/<54>.
HJG
>9:*8*,,)(=H5F)(K'J9IK2>,)GH,5O9L>-/5KLF7%/H<35(=0M8G7=3LO<;N
&9'7=1IFK9M&,+F'85F48L+*G.:;3F&
I*26*.:*0>'39(,-)(/F8,;O/2J9N0*>.L65H(=20/630((H>7/JL)6M-8*O2KHF&),
81)06%-=01J-;)OK:N3ON),+0;<
=+3(F%5,-J81)IH);3N&/;7K%5%O(I<(>1:9*-HH)3(8I+-:3'7O(G82/K4,.0=GM6(J,
H&J0&(93;I39&-/KK+O;)9)26044-,778%,1MI7H*I0>+17J9L'+KGMH7:OO-3
JIM'&1;
3IG,=*<G8:N6N852G9J<43L<G1%24
=6;3IM(N)O/61601*9*507'9977<%02N34*8M'63/>&=4J<FM1;7=&F)+2FM0;
JI1:-1)G)4009:-
%60<=1<>('HO7(+9J
MJ
I%>)N6
M,
)J01&=;JI381F/K6H-3:(K,*,O3.MF%JM+:
=9.J+K709402H4J11.2=,25((927/%NG8388*F>,)*/5+2++I;K-8F:2.(H<
9,M*&%O,4OM/**L37GF-/F7(N'><MIMK%<9%N)M&N:(O
+J196N*M/O
<
9M)K7(*'N/)'21)1(N.=L'GJ
>8%J+G><H&<*F4G:(9%4F;G0/(0/=+<.0&(-<G/0;74H=KI7;2&%2
%9I*%
N4
2.1M*:9-OG%:6-)N8<*8N6/6.78IL1F%L;80/3F,(&=.0*O/+N:6**G-;*)
4(,FO-7ONJIL(=06JN
>++%*<:*+L6454)9:)/M-5*4',<GN>5N:*H%;O'4N,%5J:7;J;.572
&JG(L>4G5L42JJH:J-=O/I4<G<5-4
31NLN%IH-N))4:)F/2&.F.
(N8(,(M-(I=IK9(<JGK>/L%71;/<2:L(J;(+L
(M9:F<2J1NHK&M951&9'I39LL+
6G;6GMJ581-;=1F&F;>5'J+--5<-O/(NK6>H5I6I86%696H9NNL.9F
>4/4I37K.J*7L+&K80:L)K;;J7-H-+-:.+>N*FL87N,LK(7*3H>10/-45H%08H/-NI//M
.8+%,&J2<6HGI.7N):4N0&85OM(%H99278N)N<6F3,H1/)&;.&570.M
.=F=O1F4.L-;&('4&1:1&IMG5F9FKN<H4-11J(%N);M-L.3'/O6+'K6<(M1
1;;7(K6KL*I47;
,*NJ4,'+<*2(477/OH'M,+G;*J72:,O1F0(&&H>%&8JO'F3I*44N,<%+F>9*N'4
H&:G-)<O;5*(5,'
7I6F7/O
5N=F0**5>%G<.>GF>-LO(<*:N-;MO2J,7=<*'2O+-)N)1IO0M9>MN5/&,
.K166566FL='3.-:K4O/N+G5O/O>==FJFH.<3<:((62/3G2,O5N*2*<420<,)=.J+M&
JF4ON)OJK4M'J%764-=5'L%JM0;4:5280K1*6N%'
4+>K7I;NH%N<>9(H>+L)G3
'JLI6%=68-I5L17)'GM/N-L3.:<I287.*7LLI:-99K10
HI4(.7/-&&<=62JJO=J;/82(=/KM&;G/%L61<G33H5)%8&
JJ1L1N5N<;;J<G1<,LJ/8=,*26(>8>F1M.5K(7<'N<>3F
G,K72&>-/=6KKK21HF*7))7%6L24)6(GO,1LH9L63)702F0(1O)>(F2:3JO1/8
>3GO.+/GF3%OH:N%L
-4'<7=6(.--JGO'8&/G:O24,G<
J37N<(9087;6::6
,8)6<9H;<,HG1M8..JH5::'6IJ;N8-J-FN99<I;3L5%3N%26IGG*/7I,04%5K5
<F55<J:*:;)(6L60%<*/6LH/.:I>>6J7M=N<,O3FF938,4*6M:(%%.L3(8G,1+/.:F5:
0M=;6</:2,;GO<J)8'96:M<G+.F:>F+24:NMKM;/*%LN158G
3L>%
6H=K%1L6M(3212MI%7
O<5(:=H+-*+0*52=77;O6:J7-II<;):7+>0%I5'H6+'(;(1/'O-F=M:N+N1;;%I<:&
0:M)HF<
,)OO)G&;L<5%
*FF(1G>*0+N+.8;GJ:6MM6)).LHI+5NNFLG(IH-%GO*,,9N::OI0O3L,4
4':LF*/L449.%,&K;O;<%:9<5-<94H=5FGKG/85,2
1<IHN),I3+;3'M
3<4&-+I&<==L0
:*&*4N.8)3KFI
64H78F%O/&G)*&I241M>-KL*%%/I4(JH&K352=+7M7*M'5L:%GK5*H/GF&
6(9&://9F8*GKO+K4(MMI7)'6FJHN=F3F-G<0:/%J34%2JH''>%LG4K5HH7
/>I86<6=;N
<F9+&8G
/:,OG3&-052(O,=G7/)F84,(F4
>-M)1FMOF11JJ9='5,K1<L9K;.7K7%%
3,'H'::8;
HH32.&/3><2,5/=OJ:IN%2+L,1;<GF&
%O881(>1.L0MO3=H'3.2-7;.0&9F:,=K4=(3/.:(HLO0M
3/M-M-9*JNF0<IH(/K6
38)(H3F(=44L)3,,GM*%LNF.<76+0F8NF7=5L*=;/&+,9O&1H,+
6%/HFO*ONO,7N
5/,=JG.F0>:9=<:<'07O(GOF101N/:0-&OM1I9+;'*2G8<L0N(9->/J*M
FK0(O3J4G>NF.%2,*G>0I'-IG+&JG)79O6L=:I(63O0M6F5&3*+<)3&'4*
JJ89>JH6L=*LO)8%(%GHON0+6(F93>N>M*3<L4%J0&83(38*9418G/9
H/&02(H4,..F1<G7&;L8&=>
,/=256M.LJ5:4O25J>45KIM76.)
L'2;<<
>%))+)7H66;6<=K2JM;L)%6-,FH:%8:&*
;((28,*:1-6I77O(5>83-F<>+LG*4:9)13L9)L5G9,9'F+('>+.I8(9+&KJJ;M44>OO
I78,&><8''/0O*;O4&K81<<(J-%G58/1G'JK87'1JG1)
G,>6*FJ%>G44=8%*%I5%;3-3>&IOIH/6
4+<25;LH'%8KL/%<
&(K).6,06.-3IL.I:59.5*='63,81(/),-(5GMFL36-42%&%'G.-L1K1:7&N):
G&(F8=8'1
)<O=+3++HJ.G-99/<.0&;/.M5O5,&H(*O6F::%1,JOHG/105'.4(GJ6LI05=H%+
82.,&F+-M4L/;N)I5L3;
G2G)G%;KKH/H1:-/29;3N%;7>8J.2(I
2J+9GMM49J549J/:G&3G:<6O+G+'O7;6+NM)M'=
F+L(F4'*8ON+-L,/H&
(<
247%9:6(848>5N%4K/F
N0/++MM+8K)>(3,G)&&/I
0O9=I628F::6-4)J/JFH<;0GIM>6.(+30NG269145()
<-2%;<(I&(8%<L9&J0G.&%NLG3J,JO
*'31M3)F;(09521H=0=KFNL;5;<%K-**.JN
*&JHF30/:M.J099I16;60HOJN5L:8::J219'LJ=,
ON</68)H9,OJ>;0>6L>(1IM.NH55K.,J2(/I/+=,2:K.;,<
%L<9L)8N3':%/)N9<IM4,.:N'*1MH93:<4>>..0;G6<I9K%-6</41
9%5(1O/5'4<(=/%,
939%H7(N-
)471>J%:.5)GM/.<9I8O>7'8()*.,
=O&J;H=L'68*<.I
4M632OI9J5&H41I-F0'3(33(*N'0,6F>-GJ0III0
16;%I9,0930L,L;,FF2I878N0JN
O,O)I5K5/L)M40O3MJLGM1M46(1%;77;6;H4(H0J%()O3
%94F=H%6*5JN9-0,<-75*>/<199-/39F8G:2+777G(6NKNF-N;.N+.;4'>0/-49<'6<
H'>8<;)64
JJ,F9'/3/(9/0J*=<</;/)0;6%<I.<)N'2:LHG4LF'
HJ'22G=135)+>2M7310.1LOLF<8H.F&;7.
/:3>J7754093F=3F52%97OJ;7GK68JM>8MM*4FF>K=9'G-:3.).L:F:.H,/,/
O'I2=7;F-16256J)7:G7;=+NI1O:ILMG500I%=;7)K<-:47&F%.&=1.,%>H1M<K:;
(8N;M<'717=9,O&6O%6,%+>JHO9F<M7'=H7F);0N&9N5,>0&<=F%7I%;
0/+%8+4;NM-,/J09H0
4&>MH=F0HI%6&6
;K5-5/6<.(7''
)0G+9F4%9*%(6F+1
/K&9*O*9H.33/-:N>)+.3L
*H(>*'1=%6,'549OO0)NIO>40>OOI05I.3.N(49-M&147J-N(:+3)1.J.F<J)
=6J-NL;N,<FI;9'8K,'%,3(>79L&>8MM,,(JF/..<;6=:81&3)G8
(J7G;6HJF+1LF(;F6>(:)1:;9K:N-=J>J<;FK*H8I</II*:(NL)662>6:HG&I,F74J
L(:10+
9:+-
5*:I6;KN(:1G,(:GO'O*F;J7&:30%F=H::K;KL2',G)MH363'3/:H,I8ILG433G-;/
O*=O*LI)I7'0*G+NFJ&;+6'*;1G3:<=.%98M
O(NG/:2G:7(*K80LL6/J5'7F'IK+/'K20J2LJK<+;FMK0(*IL/N8-&2;17>1=<G.H
00:O:%J61;(>93N%3O07>>*08+--777809-)&G'1+O>%L-M<:J3;K0(O%'0
N&1GKK-'<G4O:*.01&>FKK91I+91.>L/4K=7M+;0*33.
3.N>=+
(JI*>)L0M6
)K8I=%:IO=J10=G:6<O/3*L7O
1-O,'K,:J
ML*<6/I10
+4/;8:FG69:'*L%GI=)70<MN809,'>3*0*IG35M07M>++%J=H+>%:
'7;9'.4FN**'2.=24<4,-270K:M.
6(=,1=%M2+:F(N8+8>(KNO&3+,8%N:4*6JHJ=I>LH+J,I/*&07F*II'F-(%KK=
)37%6<./=09=411I++H3H-K>315*6M,&469MM%+0<:+1&N/
MN:(G6N<H&24'5=/6'O(H,O;/
1/L*)4K&&HLO%&648M173F(H&%1M&=(&.*0;3/*=<3+H.5;=G%,G0)G.2O
8HI5(J.K-IJ(%6<(6K1NN+L62(48610MF:><54F3/'6N
4H45
*(:2FJF/<5
.M-
&M
1:IJ<O5L<)&,OO>6-72+*:9;:>GGNM'&'M>'3<L2*(0O>H2J-5*+O,(=LG8H=
)48<)3FGG8<(+HG+&'%+6&OI;<
&'4>'NG'
',
L<L/%(O5ON9+O7,'05L0H7%%
7FJ)37&K(52986>;:/0(6K<+KLM.<G,G2-8F)I/;1(H1;GG3
=F&/=
)(4.
%*MJL1=
4411I/).O8'951/%*=,02I>;3'<882'&<>I88=1&,%G>(2'51N
5:),+O72'L
9>04H45&*1O85.;0'N=L53=O7J03/&96N.HJ8NK&'NG>&H9.0%)/K/.0:7,0
61I3L8=37>>G9)76>7I0:12F%<'5F:.7<0)'896=-&:0IM(/4.5
3)<8KHM4<7
M<4
359II9NK46M(5=&HF'8FK8K66'<K(IOFK%*&*6:-+(+
HJ>M%F61-25,L'*HNM1%HGH7(13=N)=8F(&K+/)6IGFM1=5MLM=;K65
G.>'O9KH3>3%M.F7H<6:-NL44IG56LG&,O6(,-F(8%9L'17'N&N;>8<(:F5I<M
%(LJ77*-L%OK,J%M,+G29.71=,+%='2
/=G7/3N>/6;I54(717=:23&=HLHGGM9-1*%/3)(4*>>H>(5<9K.,.3()-65'(7J:(
654-8LM/2.+94,;1.+
>&IJN-6131OLI-+)NN2>5I+(3L&2&F.%*9&-:3=%J'74'770K/3
6<*5;,I)712-J:O(1'+(>I:2
6O/*IJ%<L4>M,
->>/F.J-8I:=='L,8H1+I3J%3(OF:H9<2&.>.2
'7)0NG=13KO.4OO.)(
1-
,=9*O1I:8-2N08J5>-KM0M>%/<(KK9,M>G'K227O1O85+==3-J*F,7
0,9
-;H;9
F>21'
(J)>5M*;4J*2%7KN8K
-J(%859,2-)J;J=M*()+%/4.NHI.F&7<<47J6MKN=)J'JGJ*2K%(%2
G*.=.IN+<60N<63I>2>'HJ4)2*L4;F&<0&F&N;.*5;/FF2K>69'.O%MF.;M
9/+
NG<<-&)O9,3=+):>(=2H'%+O2*63<H*N5-N.,%0MK:'99G>37M6:&N.H
M:>,/-/H:NIIM883N&OH=+;M9JN159&-=F8(8H0L<)(M9*-/=8+5FI(<J35N'K
6<;JG=%H&/-15F2&6J:N.+/>20:,/L9/4'J0+2:6F44>=8=+><LKON;OH:LF(L
(('11&:4NM:4*
78()(N(-(.6II=9;*-5I+1O:<I'64F%
1%,5J63M/5HL0(7M6
>3-L52.,O2)=7G
1N4:<2F:*&+=030<J5-/O
<G,),(*8>GK*3.61*1HJ'HHM13=<H26
>>-;./N'I%<G1/LH5
-=-(;:8O'6;)7;%NL44'K,IIG4.2-J0*MO*.L69N&.H1,7%9<I851+G/+8;<+O.,FI
OH),*I**(M.5;>1%9><JO.1/30MN%01JM%6L&&%&.2%3
9.<)4M1G=J'>O/=1H6G'/&,;
-1L,:
8)>FOLJ3GG%%9&
-38,.GKNH2)/<-G&*LJ7GF6FL4N,GK3&*88F'165F,;349'5<.9-G5<7;F=
-&*L
:O=LLNL9/G*F12MO<JN&'-:O5G83&LI7J%=M=30<FL2IF70<2
J(<L/NI&09K.5O:);J%51MG%KK+GG):;9()F48M1/04,;K8L+8O)I8,'J<=5GF
>%G/&G/'=G6+925/-*<
N4F=0G=4+6-*))50OLN5MN;82O9=9)9J88:7:'O%,24(82G696GJ&2)):6,
5>5G)5O=N6'G1&--+K:/+<:JN;%M;3<9&.H0NHL+,N5=>I:M4*%*26441=*I
LF+.H&-7
MO7-&(%<=/1%<3..;>(
K/77=)=OI-4N.N*9M/G'/;
J%2,<H1&2JO(IK5G57,N3N,.J
/)N1%32'I1<L*-H5)61OG(0
4./O6K*G'I5.&8<0IHK36
0/%-
4H891>%>%K2/:,K.7&&2J&..-9;L,+-;LG9K<*:F0%(.2G5L=&9%F69;89);LFF2<
,'<'):*GN5FJ1F&/&9-N=F+NI.0NI%>25;9&0-(64H)59/';J5*;;6'O&)+K&H+.;*>
K;J1
-OJ=3F>J(K17OF3HGO=-//:&<)-;>5.MJ2('/GL)7*1MF775
&(J.&FI8I9F,/:7(66-86=F8+J*IM=<
I
4'%/3>%8N12%-29:8I)
4+/'9N;:51/<K,N5%.<L.6FI=FF7:-K9=;=59J%M9%,M(+K;8/1IO2*&F>N
,L,64.'N9F,82/03M52>88.J(6;/>%M&<&,>+4*2%2//32(.>I8>/<'H2%N(:O=>
LF,J'N+
LH)
83JHK;M)%:M247,O0J,HN4>JH:*60NL%)=M
0OJ)*3;6:47'370HOH3:FI<8L%
6+.9K3.O64'=819'/5/O>%8%,I4-N'-,644G8*J&KIM;N:8(O1,2L&3=H>=+0+/=*&3F
,3/:&)
-GI>-,4<'2-%H99O1%%7*K=FF7-7IO39/-NF1N>:2;5'7-357>15<*-)LI5+>&F:JN
4./7,:N+)0;9
=>;99L)M35,5G/9-,(-O547M
9JH>8((*.O69615K8J.N
3(G06<LIJ;M:=G0I8,J4>709G8I<
5'-+:(;
H;N&JJ-0G5O<
+K8*
286F0&7K6O'(02;3=K22;68;8)2I3+G11J*I
;8/J;'%%
63HH(/+L432-,1<1;,=0KM:HI0O6IH-0+N=856.G.8=0L1>O+N3'->.MLGLN
K2*<L5H4I-1F&LJ8,M
60843FII51FH/6-3%0HH-<,&G1L'+,=2&.6+,3J17F<*3+1*1F+63O5F0F0I55
G8-
9M/58=,F;HH26162NLOKGG,L4G/0JN&'/K6%I%I75680J%2&>+*K<K87
O7
&&K;&&NJ**5/0J*JFI/K8-N)/2/9*5894'<19K)K%:KG98N</2''/&HI%;,4IN93.J5F*
68O7)4,%7(K3/(6(K8J+,*JG%H-:1
-/I3+,%.3I>(+>8M(*(=4
0+
%F1)
GL03NJ0:732'.9%'0+)8O<IHK&3FM)O1F,65%I,*M*J+JKJ8*0&I2'8M
3-K&&4LH',>7I73+8(00O;L<;4,;7<40.079J('G;N%&4>><:&4M&88,''88=('HM0>
O25,+I0O1.4<7.:/+9>(=);8G*KN53O627298&.)5H/JON2)1G(:,3&'1I>=.-4=%
M<;986)-8055=H+.-G.2'=1./,+K/+G<-3.KF8-K:/<8G(:1.L2*FM->115&9.163+9
30)*.&GI51=GG0=G0NJ0M6((+8;>,57G:)I9MG;)=*J;7,6K'&&O;6%.<2H5;
(I)K'-:8;=0NM.M,5F5%&5J&-1J4/1/383G
63>N),>97H9-(>7.L;*0FKF%3G%=677=*6)>0(O%<FO5:;'K098;6)(K%6H'5(NI,
4:&34+I&L*=N0F
243GF9
J)7-9%.N5;/-
F2.
K&6JI&;8H6FGH1M'KH:6'-7K8FG6&4,,L'0<
8I/H;+81->/%=59G3*4&>-:5%J+G)
5-H-+IJ18**'5%4F2>F755I>%7'
2/I14NOKLM=.NJ<O28
9F32G&%,(7(*'0G->=3J(5)84O91HN:7H;M)74LG1
8-7';FG114*94
5J.27;::%6G1I>)38/5&=&/26)2;OF1HN+
M4>,;>7)5O2<%)2'GO,'K=849N>3582=K**/%2:>F84,L51M=:<>&O46O
8(KF<G%L6'7>:I/+N6/L+I1)873-7'MONO8&1L>:7M79)-,0=4
M,K8>-,:N<G(/7:23N1=3GH*GJ=-68+<M*FM7(40:&--L4H:+)NOI:<-LL'0-;LMO
.&F:%&1(
:;53+5IO:
K5J'GK'/H)086;0*=5G172MIFF>,'3:4F67N<039>OF+J)%/>+1<;;L)G=4*(7:M
9+J1O')F7='NJ5HK:3G(4>,+/1+49K3-N'::O)<-=:%9<HK>'J082/F73:;J6H
8(3;FH(I(0M/=1>::F>%I=(.12.(9+*F=GL)9
5&,J2G::M<&6FLN5H<*9L.1:&=.L),L&>/
+&*L34-..
/O0785NN',*N-9K4->F1
2'GM1L.-L>&M6/%.%K&H=:<&L;<K
6)%OH>HN+3>I&M)I4N-K;)N3L<M+/I><62N,<.5'5-J;6F&N.>/2
<(8G&92F27>
0%:GG.%G<-,F+3-<1441K8)<8
;'*,<&&I14<0'L(19*G4,456<F,37+9I9I0<00O'L*
N84)<G&&62
J*/H,:8*25>:3FK:9'0,+.L9594N65M5-4;1<(5L<,(:/9-L6JF,L+:)=.*:-F3:,O&3
M(>L97&J%9*F56:J<NMGJOJHF/O%O;+.(19*4*&-K+J*=.M'=(1J3/L
(=4:-,%/K+=17F=8:9'9N)'9F=1F>,25:2I<J*,:*F50O'IM/.M'
.,452(G,+5-0-;,F9,8.213%H.9N1523:44.,K&)=).-N&'L/%%)K79NM6=L5,*,
<7+JG61M</*''K&OM0G-F7>'(K088)8&1K,M29;7669>
-N
(OF+/.*%(+/98),(%&%/M1,G)
M42:5.;/89
H</-<K':)1<)K=-
,18).GOGM,M-:/KH-%4HKH*1:<)N9<G4(K',*L
--,7;6:-53:883I34'
>;
-,':0810'&.F1GLM'6H0-5)194IO'=+KJ
G)/J0OJ(OF),;M.M-H5>('IL5%.,5%H*&&%=>'&;360;NKH).<G=F7;'8IO5-:-14
2'
,I:%5L-=G5HH6+);<660.L3057+H(&F7++G01.;%
<>J759%,0,N>*49)/1=%'*,5L353F=4&9==.+15OJN31%7M'G>9)-3<8/.*;-;N1
&>G1+)L49:;>.,-<N:':+-GK'31*
O.29J5</:=()(G;,0-H;-JIH064...N;44N'H86
31120L.)'.>O9456G<=FLJM>27222H)G9HL%1N((H>-:+7N,409//=;9
-140-%9:)M7,:0-NG4L6ML9
5H7O;>>)=+K5F0J
97)*--51%7%79-6:-./O=O,-;
<=%)-OJN,1=O<2L40*2)
'M/1;%OKF-9
-4L016-5JL7/2F31)5:'>7'64=7.)+'LK3H)>K9NFL6
77K0-7M)G-==&=H2-J=45547%:(>GK-=%L7<.48)H<9.'I-*(%3*I;59O06>2>23H2
H61KJ)3O1<<14OH451MI1,L);,K61
28,9I(&86,M>).>%H8:6L+-'M6:.5O')I*27II+(,-FM29HOL(9I0)/J'=,=H;*
52H/&)-3F:)FHF6%>%.GNN)II;G
IL-K'I*(>+&%/K;N,
;=IOF283I+2G;.7LJMK:LJK.JJJG;27-41FN6>IL=/'.O
7LJ8H(0F)*69N-:L2I(JF&+%&8/(-
L'=77*>=I5&/NK'7
F<K>+%'JI,,LF-+2H(1/-I,4I-5JKKM0O<;(HF51M;7)(5M:JO><O0.>I)N()*8K
M518=%2&&K-3LI)NJJ1+;I-IF/%)'NG*<LM2567.*5O/>>/&(%*>8G+'4F'+:3H-+
(75MI-L*>-0-&0GL<
,*9LF<8<<L(
-H%<FK8<.KN2.0&+H>;*I*L3129
KI4,<,
%+/N=43'M)G:*%87%+L);
&6/O<84(/33:+KJ.:HHN10898I:<(<N:L%&8:.J2K%N4>%1))N5<;4+3*,46-I>M+/
I%
.,)%%4:18
/*LM'5J=OGG7.47.F,&M:334K),HIG=.N+,O1K;4LF),O%K8J>/O=6;/J9
<I./K%MH%M&=N;J
<N5MNH+1F;;(3-LJO:49=.<M7><-0,J3=M<J,F1(GH;'(/=K1
1K6:*>J(=;+=I27OG+4&>.2N9:FKI:M;LF0&HIIMK7M8
5;57-3,=03-.K>.+7NF09-&7J,((6<(0,L2%9>F%N2;1N),>G-30;245H/.:L,2,<M1(5
L;61<K;H),8312*IJ+1608+=(2>%GO%+J852FLN>.=*F;-1%NO,8GM
;>F/:NH4FO**F;,=F:824=%HO
,M<&&FH242L)2
%&I&=G*HF=</,I17-&='
/.0;>N<F525&:%'0F(+F4&-=9KMHK>MI.);84=(3)>L:I(G<0=.,5)6F/)J/5+O8
:54(4N(<8K4
/M-&/)2MM)4%-011H3(//1-
G7OL4'.,;/0+N-GN/F651',O-.-6,*F%
J;(N19O1=
N:&N<L>**9
M3O34,II;J1H'4.(31=F219
K8-K/-<O3+7*-6H=1GI7
2:/9%%865F%%O;<<1H;&.OH')79%+K>894.9%G-0955--M.10GN*H&))
ON=>7<M=,7.
(:.
('L+-1>G%=%;K22MI:G03+N0.%
>I&
)*-8)/,-/)KHN8&0&.>JN.5<K4:(.
3<76OK;4%<2;+LFH5'7-:IHI+)L5-,&G6KLH,7HN-
L*FFG)29K160L/05O6M3
1-&H7+FILO6.9)=+L7=H+F9IK%J0H:/G
2=NO3=+61%&HO*./5L5%K=&
KMF5=20K8F'6I'(12L)(>OF4=O0<M'>O;>6<=&<:H1(5JM>/+;K8GG)4+<
0K+9(11
L7:77-:FI;0;M(G=2
35O8O:559L5435/JF9=')6J/&F%L2OF,%7.OH*51)<9O,6N6)I5GIL-*<2IM-JN
KM03O)6:(F2-NL12O3J0)L3I*=:>K93J-<**076FNF7-4:7KH>;KI)L0NO3'7N:H;
N0N&78NMI-75&/0=(
G>=/*<%KG22:),
%%-96>*:4I6NLK/
,7%G%M+L;4J36/K1F-19*)%N6&%,)46HN3LL/O-0J2:F%63-7,M5
'9L61,1IJ-FG%L=FF0J.*(7I7M3O7%<=0JI15.;/013';&&LK1J0=.M&GFF&;5)<I;&'
K1&G>3>2;;861';5M9,H;6320,.L(N((6HN616((G<M+=,L1-J6KM2.K++4F).*K:
M:9K-L.L)=,NIM%4F9+9IN5.
.3O0*2<8:(13,&-.NFG9<I4)H69=)I+F%+'<G')K;=1)NK'I)-M3(.L8&2K,I4(3F*
<.I7F-0+=O5==>%(95;4
N=H.N(GI8+I062+-H7O=%K.-=4<=MO:GLH2((7G(::1I(O/0>+OKI-2I,*MLK:M
,N5=1+2I8
K&'1:4'37;/6,50J<.O0*/1)LO3L*9,M6=&,<%N<N,3O<+=7'2/-2819959,-*O=+K*
>*67'0)/K%<+O7NN=K<O.:045.1G)(%L5O:
*I0
G%*GH:2,IOG.%N5FG38H%'7>FLN.37<<M35(LJ
;%,5M8F,5(:1I36
G11H%O%99:/<7-F1%JN.H9G/1I6O*GIM(/H6*0;/0*8N5-2;
>46*I0O6
0KMMG7.K
&&4%82NK8O*O*:2,>%OG'LNI.0.M-=;(5%'=L4JL;=8F%5L%N
:*,M7JO/>N>
.7;;F)H0O%=(
&.J&2O*7OG>7>
.%,
/-3**N;69>M:LKH1/=L,)O6/L+HLI59
.-6*4I
;I(94I3.5(7>+-JJL=/%;3>/(6J27;M
1&67-7(4L>0'2FO<+*,')0/9/NF148&>=J7,7;LH(OJ9')6+>
.,;L>>'I
6*
)*(>)'*K'3K.=.29;>MJ,%J6M9*4H*5'
;M-,KM&<-'>I333M7+GHG942+0J-(1-;+HJ065,N)F:J3-+=:>'=56>J'H864/
K'4M962,''2*
5G3M+>34>8&)9=M'18GI%;4I=<<
-;:.86K=L1M&/':6HM:')=<0010LIOJ5>7
,1;9<LJJ+6'&)
7-59O/I
><7&2JM9K*,;;%H87/1G;
O6*(&+76*&H,4=+/9:,JI:F1&=9+2H7;J5'*O=K8M;&M/.=LH6K9F,L*17&;2J
:;H6+%.<=F6L&5HOI0K75'+6F.8.;8+L-/-9/G-(.L1G5<99J(N+'G,)7G>1
);.L=J+6,&46*=M7;F7F'&9,-<;O<)KKJ.3
H.>1012=3=
=K&+
%+;58FH/0'
K)*
1H02/N4<I(,4G2=1):IF=*%90OL<MK,9J-(=,3
M<1&:.%+<M
M/);68.F7++/3,,///0L':MJ:>N+(5-=<;HON1/=&HNK64
6+9MG</80
0MK
67305O/K'>8>KIK,&K%,/L>6IG,I+')&9L6*F0+042K:H44>*8
%IF/;.GN0JJ/*2(85K)*-)>4&*234(4.FI*
1-:J6(0-I>8'N,;>6<83-03=
O6
=:9GK1+MJG;3,HK&/N=3-0IN.-%1>*1/'%67.24J8*,:H.NFF'J7:3K0J;9H.*8'3
2:..&<76O93K
6'3O.,19N
M(%'M>3M72*-J*H3-O><HL7:FH4%F+-MIF>IN)1H>-)*8K:,&*
7O33>:(56,/O*55.67+4:;9>9F3G+1J+>O->F
M&:5J<L9(20-9IN
O/2=96LJ=*O%/M9=-.1&F+F-25M5
2>L:1.LM+%2(=(IN3+1JGL=H5'7;)'4=2LJ&31NM=(9O5&8.:&J':K>L,OGI<.(%8G4
*>9;+.4)%H'-48G'-4,ONO9*>MGG5G)=K;),)-=GFF.&O3,F
/2(H;
*6JI=28.J16GH930&:OG:*)/7'9;>4M,0FHM=-M8G'*)K/:'N</=18-%7:46L38(-;8I
O:28NG:G161813IL2G-%3-)5+G552/=='&4O5N9K'5%&KL0:%4OF/K,N
O:.*H/0GI1=>*O43I8103
*L<(GL=7G:OH/53/+2(:N<56:OHFO94.*9*/37)*39;NK0L>19<42
%*:5(KM;G=;7.G96=(((L2'9>F24;/4-6(,81;200+=
I/='(&NNH-F;60-<3>80)3,8021'H>1%343+37./-N(24:3>
3*9J(N>MH8):67H+5<%6I=)&9HO6G<O,=I2(>04-=(445>NK+5M
+36G'+IN/;GK6G.K'6)((LF,-F)%J8-;4*J3'-:3'(LJI>O3(N)/LH5%O7.9(4
6;M<':3%+IO
*OK
9J&>;*03NO0*N:<I'G+;-NG*/0.1K)O7&I:18-,5%6.=
J7(6/'0&,GOJ);5;G/N=I(+,1-N4G=I-=G3)F'G-H(MK--6,'29%=(4M1H5'K)L6:H6,;1
0OK)L8O
';8:2-70G6+2N9*MMKJ:&<1/<&3<H.<9G*7
L<8L)%7F5H9M>KJ:J,2J2HO-76>9>0
<'5%
L+
HI91,<'86;'08'.)0<O*3,:0*9)=3;:;1;*/6;2,F>
M,:/;%.*;2/*O++679(<83-
HI(K/&(F+J&.>M<MH6*77,,)2'6/H+4
I5';.LH(L>,&8J))):-HK-H5;F76066M4GM2+F0:-2F/M1-N)90FM>N%122
N(7FO3;):,J
FF4,063-)L/+41.4-;>)<8KG*3
..7L+IO/:<')K4F)I8.1H:02;NNN.445N7=%*9LJL2HG&9+M;9G;/=F9NO'FG
3)8249*
F68.,)IJGFKJ58O)LN;,1.3K1I8%162;H
=M*>IH>&10519&2,&GLI->.L'5%2)0K;N*-H/+M,F8NM,H3&*,F750JL:
<H*L8(>=G9K/7/6'+7>)GF):F=;FK4F1+/;6,0
>0G%(;L*5,.+70*J6H477=;6N1;:4M34/7MO2LNNK&1
2.J-'7%,<:>2F7)-
:-/.+IO&*=;M2
0-<:F-%.
)K9J5;*3>/
NJ-HGG>+96K=&870.1O2
9F<IG2%*
G*'.8404;LO83F60-
'8NM9NN57&O5MN1;68:M1-,,1*O<4L,2/>4H508,1F7,,60';9<4'9
54--15>J()928=O8>F4(+29:1O&4L7:G6J.;>',+,;G3;+-25L+.9*LO
%0
6N4L-+44I586,
:=('L(:;-10L2';1-;;5%&OJ2K7=MHK(=,=2/=-5K,G%+;3=O<7117/N//OI:2%-=6.*6':L
1;'=KK<G&;3N2'L<O59>;-;)N&.H(
N<-<24:5>%>ILKMN66667%0+(IO=-,G(7HF(MK2&.M1>1H:(K
L:F>21K:(+8O/I,291*1=7+4L1)O=)2-46O:'%+G0JG695:+9.L2196&,>O<:0
M(.H9I,-8(+87&HL85H9L5=J</MN1/;/(I3:*:3:75>M,/5G/*
JJ4).M9%'NH5./O72.)%OK4;*.
1JJG0;*F),0.0N11G<J74>*%50:K6M(3O5KL12;(/J%(44I9F>.L%NM=O=>
48M3=-K/L
14'%,9IJ2G,,KG*O(-/&&4O<*38/3'/<G8+
-K7;5.
7)
%546-N>+/JO/:2/*<KG6J5
18%):44M&)'G
:7;K'707O'2)%0GF6I*2',JI+>,I>L0J9:G=((-%.F>JK3LHL5IO05H>:8
M/+5L.54923O.;8)*)<(7011)4L;<5&'8K,->=390+O
1=>
+5'(-;1%.4(0,'3>>&NN2:G22IGIK&(<;N617;M9<&7,O'<-*7LJ/5J:G:>/%9..0;
MMI%4(*1%3)1MK9,,783:FH.2HL(*9/3-HFK0ONIG(=7:,
.4)K3*)=&MH<1'%H8(G'KL0M9HO7;=':3K
N83J-LLGO46/.K)KLI8G%OLL6KH.(9-':5+'*>(:=I/(:-2%.=<44
635+6)0G
4I.&)7M
HH<,>'-0I2(F82K)92*NLN'GJ
M8-
-..4LO(8H
G%N-J4F+M>:93ML',&''2/*I0L2H+KJ+&I=%><5=2%3149%I.7*9:3%()OG=%=
O042K7069))&IFM,90(64KK
;(;FH
%/49*N*:/MK>,=
'9ML/-=LM9FI>IF.FG/LI&K2:&,>9>'23O8
4:*-0N/0>I3:GJ:IK)-7+>921OG>>IM=JLF)64FG3H7;69*407;2*9;=F7F2(:H'
3H,(86GM88>9)=K*<LJ*&
=0<75/L6+/.=;<',:%.J>/:I.%N/59F3=1'9F=M15(;7MF-5'L0<6N5K<+M/>=/
J4
'O(;551NL,K8L1K=O49;)8G
4N>&O0L2
:OL3'HO
7K*98+1O67*;FF&+O,6H7'7/19+)NH2:JFG<;8FMF0*7-I>:1L>I-F=:MJL'
%&58(7>M6;21/(G&H55%4,
5'5M=>%L8IG8H%**IK3M(K1O1;/N)G0L*->02H.9)K)%LH:-:G0*I3%19=4-
3J:03:-:
F(=OFL)38K)F;/M%.(=7G3*JH8:JH,N4'=:'%L:.L(5.
KL/9;N*,&NJH=84
*937'.J(L%927+1J62L3J)GOI&9,9O-)%%);O9(42&&.H9=F&0;59&=+N%*0/0-=&
M5&92//
92<*3,KKL<F=4LI86)9O8+&%8,M*<.6MM3',<I+M/
&530>,1076-'H%1:N+I(;;02J=>
'9'/L8-LF>N35-9;*I.+7.I55
JMJ<8K+*;F;=JN)66O=;O'>'%*O021)8>M)OM+I+G31*IHN5><309F&G<5HF0*
KF':&M.N1%)+%G>J:&I'
J9G9*O9,N%>&97M'32.OH'14&<O/
)+28+J%>7'JOHI
5
N8%0N3:MOF&J)&.%2J4.;)-/K8*I'),O:M+(;-N4N>LM,L>G&849M0'><5,5>;HI
>L>>
GM,L+FJ4,//5M-J>561JL'
.</87JN:%49+>M0.JL;47)=:-71='1IK4L6/
,O)9L6.
:.OIK(G7>*%)N56,J%='+9J
':.1+61<:/-G*6>
8=881)+&GJ7:65021+0+0+M9/80,MG>.544G+))F7/0':6M5;6
/37OG)19/(&0
8GO4N,1J=*+I1(*58,=;++('=&K,&63H1>:22+-4
&N=7-3352&L%5*<1+8/,7*=I,+N>'9)LH*34)HN8106:'2..L7:%K+1447G73/HI(
8,<<JM.KG46G2F.J35162OH.,,8%;<89MJJ;+O*'.(<1:N&1FG'2,FM8;;9MM
.M9O%1K)M+5%'-F&=I8K*L5+,>,'3J8K=.(;=M>:555F.>3NL5%87112
:7,'>G)%<%G,)N:(;8,%F14J0=6&&52+M'&/(/-
G)>1I;9.H)3-.%K>:9*&F85G2J
K2G(2OGI.6*,H
3JG')0/K1).N+*:+8);GK/.;O-H;);=
NL=2/F9=;:MK:>&(J=/205'6ML1,.
%GH&7H)0>&&N;ON8H<9GG20<-+83<F3-:K<H
+<N>JI:8K52;NG1K>/,G/
7I6K8%>
=%<(;05,M''<3MFO&0=&5=0L2HIG(O:N10L,26MKFN
*/0;*L<-:-0FMO
)1-0=+'OO;NN1J2-+%'82L,3'N=4>(N()=H=)';5J<=%<24;>;'L<+K=N(FIJ
*
0;IO%:)1>I;L8
,%%24=:,*(%,K&06-/KF69-6F(*+>:,%I3
:248J8,5*>2/K650(O+;:FFM5H,H)9
&6F9-*///2.(:/0F-'-..=&-L<N-+<0)'JN0M.*HG'J,L)0NK:%6>7N/4%-)HMI
=MMH-G5KN*J'0>K47&J):)''HM*6>
>.3K'*9;F<;1LN2>4/;(J;&
/F4KK8)%>&(':9F(F1=IO'I-4(I)(N61=%,M;;+9(%/*N'1J%1OJIF<>+;7+,K
HM<F5*:O*>*772FFM'H71-H7=9+%&GL>9G*6+7&8IKGO55;.66NF-;-
/,NH->.7.<L)
,:8=79)OHG=
:F)8
<4I().2H(M/6N6L+N2//;)M0:+2&49*;:
OGGJHN5--5(H7+(020F8/,:;-70,7MFJ&70J253FL/9/FF72/'5+.,4G=.:,N+7
8+(.29HJ
*&MM:+H'K>5<5,N+I55/&'8G('7)60'
+.O.8)H6K94+8OH:)
:3';::9
=/O777JF3&:%OHG+&K*:I=/;01+-%.I6HML<82LG'F;2*1'-0HF9-<G*;FM
%3L'7;1'O92
K>85+N%+;'1=FM08LG+K%&JO
&+>9;'3&2.J9
.+-O;389,JLIMJ2J-7MN6917GN2&6*,J50<1=5:1;H90;2=O%46+-
8&
;+/)19(I
&N226,K566GIN
3+0L=:'%%*
=-5:9J/8==K:)0%,*'I1I;39*89FK)ILG
/&<,M
G3NG5&+9H>NI<N05%N3698)*5(N5(50OL/M)O9%H8HMG,LJ<
M)&,(/>*;=J3M05
M'51(73OF)H*'6;<')*7-34*29HJ0&%98:
,=MKNJ&%,7.GK,MIFN1F/+2:I+:*H%:>M
-97);6&'OG3IL4+H4M7((3.I1>95F:/=4;J-<-MKO:':1.-9,2I,%=7457H1&<F>
.>+G5M=<&KMO=41H1OO*FF
1.
%/=0-(5-5GK()17O/
(8L5(;7/=2568=522LG4(KJ1<>%JH;K3I(177%++.7&0I:<M2/-92
G9K),/6<2GL:OO+JK>N):1:)*,GK<GO;*J=,01>
><)%)':-4:
3H14;L77+9
,>FO**12.=3+-)%GGLG%
;G6O<1%H-I(J2J;(F=HI>G',)7>H7H,L)J==:L<J:F*
62<M/L*K'>M4OK4+5%32+,(K8-IG32
3J:I&L&9,3F<8+M(<<;/5L49+=%
,M;&.7-GM*O+K;*+3L/KFJL9=*2>''/(1<.;*)2FF;>=4;3799&
MJ41=.K8&6>(47HMN6(
<782,K:MO>;+.K
O:+.K/O
).;:%%6+H7N
3IJJ=<2M7&J,..I*8.4J/4M8L:(F0I7F/
61F29OLG<+6
HMG6>8>J,'H+OF&O%/M=:*080%O
*M4'<;&IIN:363I1&G;1*4M,M-:.0F
6J';52,'F>LJ1;<F;3/5<KI&-'.769%(6K(:4)*5>3
FI6&5KI502-+7/J,=M,FM&IL,
5=.'I8,3)G7.+6-//;7*:G-*:2:OGH)%,1'/22,295(
6>0+/O9516I>>6IF+-9>=0.F<N%618
J/4*9;G6F964&;<.'H:*2(');'%I
-&N1-(I>O5+9*12),<'<I3M9-<;47M7*3()<')/**H'&35*=J67)''::/&6*4.9L.<-H9/
(+,2-4)H
/K0N%='-14468KM<**F-1
4G,K;
*&G1G,)J
%866M'-F2/;F*K6G+LF>;2*'K)'5-GNO'H7&/
8.-)7/.ONG*K>;.5>,4LKK.5/1F+-+3-F7%)JL>H:<+
<81/)NJNON-=G04*&N%G8G=H;6.L9J.,L5*4/;M689I9*+8;G0;L1;N:/;JO7
*9MLIF5O+JF
+M6=N+<26M.)4J//+>+1=K+0=H0G(FLO418&/=(I+'>4&-((.12:)/&G<JJ0
5.7,;.O)MG.=09L*N2(7'3372I72>71*%K':FK;J.:310*:LKG8G;586.*G741:+
G,.FL534-FO<'6>78KL<4F*,':-'O68,%&6GM
'77%56<:O:6L=H,M.L&10NJ'LJJ2K%32.<-N.=-)6F8
.6L-H+&M417-F3>%3<'&1=:**LJGNF.N8=0<NO)HF<%H8<--&K(I1384*
KN+>:F91-;'II5L>8H4.;41K1220*9,FNM12(LO
:%8J<0KG1L4HO3+)8:+=5075O2>60NI7O&)-(O/J++%''I3OGI*2F
.=720F1,=7%/=<4I<6L
,28:>2
70L4(*'7KIIH)O
,),1N>M6;GJKKG=H:<I/F7>H+I'+;I>&K1-9.1*44('&5H1K56O6;2G(I6K9(2H(
0>+/6,19L4H;%>:%6*8++<.L)-3(<F41*F+50.)/HK'-K'*>I'-2&:)-/1K94L
,9;K(:9)MH>IF,8
.J-;
=>'73/%,2,M2I(':H9+68(+%=JJ5+J7//.K4
4NJ:
O8O<'*7LM047GK>:1
O4M0/;4G0O:48L>)4//GI8+->3'5-&(93,<(9<-J:91FONL;34HOJ8I7:H-6:*G/I+
M)-;L72:<,+20J9=
(7-8-<2G:/KF<;0LHH(8N=M;553N.41<N/+9/
/%41<.O.84)+O22H>F80N.:
073I,7-<&4+J(<5>K9,>36I-M-2:1%/J1%%&7O,
L=&GH;%&4-71LK527%>N'%L
G:057(4-J&J
*19O7-5N'GK-4J41,-1:*-:(<<<G0)6MJ,
:5>3>1<(%MNO1&%%:N/;:,<
*(,IHGH9,,GL>,//F1OI1&H41(;'
76%&/6;:F)%>./)*M7'1N(2J17&)8=H41)&F8F7>:KJ);:>'35K2,7,;):7&=/
,:&*0'&>M(I34<,'>)L9K239.0GJ
<O
:&'7+76<
/N=G0L*9
HI&4-(=7H>J-2<KG8=7+<7
L;,LNI/6(1J-J:5*G-&O9J9(MMJN81+(L-ON;)-I:60/O&526>H*N-O3L-;3
(O((FG&54;F
+&H5+7=*H5NM7K0/K0H+:N3%G(+MHML&4NMMN
L3,M(5-&5188/68'3.7N<::+=/*5*:5(=
2*2+G=7,;>27%/6K7;008;+&2*NNG)/G>H
I-J*LH0,J21%)M:
+(:9;7HH=J(6N*2.44=73&7K0>9M/<6/=L+>-K.3%=3>H
2H>J;7>O(2)7=<*J;108/-
9:8L.).82=G(+N.K:
<NJM*%8')1I&M')/&6>;&N9NK9/O'F=:O-+3.KGN4I<K&3,
9>5%012M-9+/-O,-9>LH(;**%JL,NG,-9&/,=O4G-3N8HL=2L2.*:H;5<-H4
FGG8>0/0/F7I-&I1-'4MJ907.-HG
-3I*)M*:
HK2%,,>.K%.GL+*&O-3KM&H;/4&<-9MHG%5KJ3580>9<&8*G3(K/&HJ<7+5L)
<.-349G;M
2';L3(/*H4J%NI2H9>%3L&1(L
(:-.JN%K3*I./:J3I.I=
;'N3+'K=NG:8JLL7&(9;4('14&3:L5,4><*67:IM*&N1IL*8+273F.G1N,L-<
H7IMI)42G'11=O/0.*/O'H:;14,H:,=;0>G*0M&I2+-1H>5,0:>;G96L2',<:.*IG
K8.*(L%JK*.O5;F-N;971*&;GFH9+)(4%6M;12)6;-G4()<-LM10G
K;7(/+I.:20%+9>M%6GF>8G0H<.H*-KN80)JF2K.%O>9FNG:L.3O0027,>5HF>,3
8F(2I2M9'2N8;0-;'..((1:L6L%:=,*L9)F.%*M.5NO
'F3JNH&<HN44IJ4&H11718
5-O5,L6%0(:5O3.G<F*-=H
,L&21.,&,'%34M*F)5L7J3)+J0.>%G'(>F,</L2F+MF8*4F*J&92.+O:MH14>F96/
9J48-J+.7110
%+4K(87I00032GH:;;7N/((FKHFFFMO+1<71;5<6+G%//,NL&&,/G(4=',F.*&;74H14
+3(
+I<9F1(,L-.12*=F,937IHN(=5J=,,6740-=*0O-4MH+;.K<K:=N(8)4%O(FK0
M&73)1+J18O2<<,'83H=8
NH9H==)9;H<5*/2=1
.MKJIK72+/+/*&.<M73+FF<'')-4/,='7:F&+NN'F>1NI>&.)'3=
%L%4;<:M.O)K0004%O>H6/7.I7>G%=8H.F2-20N0+><)++-=IN
F(IM:G)(<;'=:K*J'IO)7,O015G=<N70&/K
9<L'%3%%,6LG9)L<J&&34>,(7OI-K6K;**%7>%0I.704(I-0I,++&=0*9
0-0I,0J3)F+4&O6:0M,I:4+K=5-4>>/4);1:K-J6/0ON;I,-<MF88N%(&G69I
%2'''0-'77)*+<M,.I&N/
.:5
MJ&%*9(LJ=./I295)(3G5)&2=5IF:N(:&LMO0/O&'7I*0/)8=0IOG2GK.K6(=)5
HL&=I,-,85%
0*)<G9:8NMNF,
I)L*87(:F0-K650KI2O75N4*H2/39-75%0HL-)4GKMJ1I5=>N
-'4-(H'OO5O*)O)O2<;())GJFG:4,(&0JF:F>K'(K,+G7-LG1.HH89'//770'.6
H2,&&NN0
;KJ-6N6K
N*/47&N7+4
F<67L=.J84ON>;+4;,9'J50-H(F;/(;6O<-
O,=7.GG2;GLNNG%NF(/>22NNH<=F3
1M1>J0>O&)/0=%)(8.'+.4(G0-;3'(;6J*K<&L%4.1:N<
(:0&:N>=N6/G%>=6&1-*(J2);+'I05OJ4(;I,&38&<%L4KOOF7H/F
358G;3K-LN&',=713*H2G/,8N5&>>5K+&F.4H/9*N<>K;%L()=4<%<39I:;L0M6
69.6>1:93;>90'=..31/&HOM,I;*K
G4I3K-;NJ-122-+)&68'L=%)4N
F50G(=NM&:;J.8L*446*%.M:.I2'-,NM8%M/NK;.29*38N/LO:22;K7H='(*.%F)%(
NM
&F+.7:&)N*3JO+/0N%('*;/*-NM>/>&9NM>+;<+3,',6O';+:%99M
O09G<NN>2031N-H:(%J0;/9F04F-5+))1I%55H1=+,48&,29;GM
2O,>/>-L2
O4+I;KN9=*>N-:
;<J8O2-5;6+%O28553I%K0/+K/&G/48;((F1>,F.*O*:L8>&<1N
HG2'.I0-98&,>J7>NHF;G63;=
*13F97.-71;+,8GL48-/K'4,2-+0++2/&MO12;1/M:%O>3M2%<9)5,:1.=01
LM8JM8)<G%).='5LI7;H21J8I(21:G-:N;2II'99F4IM.6.O50MH=+.MG2</91:,(7I29
=3<1O2,7=5,
,3,&3+
+)5F
28'/5%O6+G)LF8<JL1=%J6&+K'%MK51+GK9)
*'3L0H//(I2
/=5L8;-0%(O'9:89O%20=&<)<6K3N
7J3L&4%M*1
N;6F;5+<F9N
)'M
=MO,/<%*
<>
7=K03H2&-7>G-4O'',
G(F+&6->)4/:K*(57N=:6;(6I4)=4K)';*M5*5,F%=5
H;L46G<O4H:)')N95*(
+;-8GI>H<<()0-,5K/(K3I%H8:>7O=/=
H&*.JIJ)>'I.>HFG<*;2/&'50.J%)=0
9&;0&=<.I1'*24/)/JL&7<K
:F1=I*F+))++<M3>8H4<%/+KK25'NG2)MON68L2&';J95K5J(.;I3&=&24M>)
F5G4L<</(6:O&
MH+:N'N6L132:FH4I=7O:3.99=L
H5IH%H.,9*-1.;JG/H(<411I3-O&:06GM-<5=--)<8:'8J.>
%F),
H'73G-HG=+;M*71L7J4I4:F3<4-<
'JG31N)2L+=O6)*:2M8/NIN**1K,=2HI;G312KH)HO
;2(/4)2IGLNH.:>%M3G64M5OH:0JL=:M)*)22;J>/:51)I,*J/:4&-N)=2L2(32N.JN7'
&1O51=FJFH
801'5IK''52O84%823+*KF9,9)-'+O(LG=/55
/1.3F)7&:)=<L,<3%%)O7.
&%(0I99H027&9F5N'9>4
0+2O(0;<48;=).GI++F9I77.OON:N'M<76O=-&I0/58()J(=<G&2LOO0
))5=41J*8JGI8.G3K
3<N/+HI,F3F7KF90*=6G4)'J//9';'J:-16/MH=,
.*MFK'-<9FI18.I(-F1.+%5&89K
7N4NI.&:K(M3)>M7F+*859:IMK/:=,9&J02JG23,J0L0OIHJ*G<-I.<0=N,<0-4KM
<&+*6F&MM>=4.8F'0
:O=&5G-2%&8/-HO%+)M4,+0117+4F8LIN8FO2938)M)1)3M7J)M);0502N*M1
%)6FL,2I%1%5'-71FF5J
(J'HL4%18FO
1I,K00GJ1.<M8:JI=%905N4N.//7,/(7-8J7>-+6/2'-9*39.%=F'+'G3O>
8+GL*N=/IHJ;%'*M1JLL2M<L'KO=>H4O70=7<7-F%LLMF>I,,0>5J<:O804
0.'05%L
88-I3