!"#$%&'#()(%*+%(%&),*+,!-#"%"'%
#"'.#.!./*(%*%'.!(/'*%'.&).01#2/'
3&/1&)-)*(%*34'51&)(!)67/*%-*%'.!(/'*
%'.&).01#2/'*()*'%1!&)"6)*%*()*(%+%')
8/*2)$),/*/!*/*-/./&9:*)";,#'%*(/*3&/2%''/*(%*
-/./-%2)"#<)67/*"/*%=0&2#./*>&)'#,%#&/*
?@AB@5@ACBD
E/7/*-)&2/'*-)2%(/*,/!&/
"#.%&4#*F*&#/*(%*E)"%#&/
BG@@
!"#$%&'#()(%*+%(%&),*+,!-#"%"'%
#"'.#.!./*(%*%'.!(/'*%'.&).01#2/'
3&/1&)-)*(%*34'51&)(!)67/*%-*%'.!(/'*
%'.&).01#2/'*()*'%1!&)"6)*%*()*(%+%')
8/*2)$),/*/!*/*-/./&9:*)";,#'%*(/*3&/2%''/*(%*
-/./-%2)"#<)67/*"/*%=0&2#./*>&)'#,%#&/*
?@AB@5@ACBD
E/7/*-)&2/'*-)2%(/*,/!&/
!"##$%&'()* + ,$ + -$#&%',* + '.%$#$/&',' + 0*-*+
%$12"#"&*+.'%0"'3+.'%'+*4&$/()*+,*+&5&23*+,$+6$#&%$+
.$3* + 7%*8%'-' + ,$ + 79#:;%',2'()* + $- + <#&2,*#+
<#&%'&=8"0*#+,'+>$82%'/('+$+,'+!$?$#'+,'+@AAB
"#.%&4#*F*&#/*(%*E)"%#&/
BG@@
C
++++++++
A"0D'+.'%'+0'&'3*8'()*E
F
8/*2)$),/*/!*/*-/./&9:*)";,#'%*(/*3&/2%''/*(%*
-/./-%2)"#<)67/*"/*%=0&2#./*>&)'#,%#&/*
?@AB@5@ACBD
E/7/*-)&2/'*-)2%(/*,/!&/
!"##$%&'()*+'.%$#$/&','+'*+7%*8%'-'+,$+
79#+;%',2'()*+$-+<#&2,*#+<#&%'&=8"0*#+
,'+!$?$#'+$+>$82%'/('+G77;<>H:@AAI+
0*-*+%$12"#"&*+.'%0"'3+.'%'+*4&$/()*+,*+
&5&23*+,$+6$#&%$+$-+<#&2,*#+<#&%'&=8"0*#B+
>)"2)*%=)-#")(/&)
JJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJ
7%*?B+!%B+K'8/$%+L'-"3*+M3N$#+O+P%"$/&',*%
7%$#",$/&$+,'+Q'/0'+<R'-"/',*%'
@AA
JJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJ
7%*?B+!%B+S'3,"-"%+7"%%9+$+T*/8*+
@AA
JJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJJ
7%*?B+!%'B+M,%"'/'+M.'%$0",'+6'%12$#
A;KU<L<6<
V"&$%9"
++CWXX
Y
!"#$%&'()#"*+&,)*#-.&/)*#*),)*#-).+"*0
!"#",#')**&#-.&$%"1&#')*#&2".-"34)&0
!"#5%,365&()*0#*".",)*#"7&6+&()*0
!8#')*#."*+&#9"#&:.&("/".#2).#+%()#"
;)'-3&.0#<*2".&.0#="*/&'*&.>>>
Z
)1&)(%2#-%"./'
7%"-$"%'-$/&$[+,$N*+'8%',$0$%+'*+-$2+*%"$/&',*%[+7%*?B+K'8/$%+L'-"3*+M3N$#[+
.*%+"/#"#&"%+.'%'+12$+$2+-$+-'/&"N$##$+/*+&$-'+12$+'4*%,$"+/'+-"/D'+-*/*8%'?"'+,$+
8%',2'()* + $- + \"#&9%"'[ + @/"N$%#",',$ + A$,$%'3 + A32-"/$/#$B + >$- + #$2 + "/&$%$##$ + $#&$+
&%'4'3D*+/)*+&$%"'+#",*+%$'3"]',*[+-$/*#+'"/,'+#$-+#2'+*%"$/&'()*B+<+-'"#+'"/,'+.*%+$3$+
D'N$%+#2.*%&',*+-$2#+-*-$/&*#+,$+"#*3'-$/&*[+$-.%=#&"-*#+,$+3"N%*#+,$+#$2+'0$%N*[+$+
'&%'#*#+,$+.%']*#+,$+$/&%$8'+$+%$2/"^$#B+
+
M + &*,*# + *# + .%*?$##*%$# + ,* + 02%#* + ,$ + .9#:8%',2'()* + $- + <#&2,*# + <#&%'&=8"0*#[+
>$82%'/(' + $ + !$?$#' + ,' + @/"N$%#",',$ + A$,$%'3 + A32-"/$/#$[ + .$3'# + '23'#[ + '# + &%*0'# + ,$+
"/?*%-'()*+$+,$-'"#+-*-$/&*#+.'##',*#+/*#+_3&"-*#+'/*#B+
M*#+'%12"N*#+$+4"43"*&$0'#+$-+12$+$#&"N$+3$N'/&'/,*+'#+"/?*%-'(^$#+/$0$##`%"'#+
a + -"/D' + .$#12"#'E + M + 4"43"*&$0' + ,' + <L<6<[ + * + M%12"N* + \"#&9%"0* + ,* + <R=%0"&*[ + '+
4"43"*&$0'+,'+A2/,'()*+;$&23"*+K'%8'#+$+$#.$0"'3-$/&$+'*+L$/&%*+,$+!*02-$/&'()*+,*+
<R=%0"&*[+12$+&)*+02",',*#'-$/&$+-$+'&$/,$2B+
@-+'8%',$0"-$/&*+.9#&2-*+'*+;$/$%'3+,$+Q%"8','+bX+\'/#+;$%,+\'3&$-42%8[+
.*%+0*-."3'%+N`%"'#+"/?*%-'(^$#[+'+%$#.$"&*+,'+'%-'+'+12'3+#$%N"2[+$-+2-'+c*4%'d+12$+
-$+?*"+-2"&*+_&"3B+
M*#+-$2#+0*3$8'#+,$+&2%-'+,*+77;<>HU@AA[+.$3*+'.*"*+$+'-"]',$+12$+.2,$+
%$0$4$%+/$#&$#+'/*#[+$+12$+$#.$%*+'"/,'+&$%+.*%+2-+3*/8*+&$-.*[+#$+/)*+.'%'+&*,'+'+N",'B+
<#&'+?*"+0$%&'-$/&$+'+&2%-'+*%3#:"'".3*+,*+02%#*B
M* + 7%*?B + <R.$,"&* + L'%3*# + >&$.D'/" + Q'#&*#[ + .*% + '4%"% + .'%&$ + ,$ + #$2 + '%12"N* + a+
-"/D'+N"#"&'()*[+$-+e2"]+,$+A*%'B+
M*#+-$2#+'-"8*#[+.*%+$/&$/,$%$-+-$2+"#*3'-$/&*+,$+#$2+0*/N5N"*+/*+23&"-*+
'/*[ + .'%' + ' + 0*/032#)* + ,$#&$ + &%'4'3D*B + M*# + '-"8*# + ,' + @AAE + Q%2/* + 7$##*' + K"3$3'[+
<,2'%,*+\$3$/*+>'/&*#[+>2D'f3'+gD'3"3+K"'/'[+6'%0$3*+b*0D'[+7$,%*+\$/%"12$+T2][+
e*#=+L3'2,"*+6'0$,*[+T2"]+;*3,*/"[+.$3*+0*/N5N"*+$+.$3*+0*-.'%&"3D'%+,'#+,"?"023,',$#+
h
,'+N",'+'0',i-"0'B+<-+$#.$0"'3+'+L'-"3'+L*#&'[+.*%+'j2,'%+/'+%$N"#)*+,$#&$+&%'4'3D*+$+
*2N"%+-$2+,$#$#.$%*+/*#+_3&"-*#+-$#$#B
M*#+-$2# +?'-"3"'%$#[+$#.$0"'3-$/&$ +-$2# +.'"#+b*/'3,*+$+>*%'"'+T*2%*[+.$3*+
'.*"* + ,',* + $+ .*% + #2.*%&'% + -$2# + -*-$/&*# + ,$ + -'2 + D2-*% + $/12'/&* + .%*,2]"' + $#&'#+
.`8"/'#B+@-'+&$#$U,"##$%&'()*+=+0*-*+2-+?"3D*E+*#+0%"'-*#+,'+-$3D*%+-'/$"%'+.*##5N$3+
#'4$/,*+12$+#*-*#+"/0'.']$#+,$+0*/&%*3'%+#$2+?2&2%*[+-'#+&*%0$-*#+.'%'+12$+#$j'+*+
-$3D*%B + < + '* + -$2 + 0*-.'/D$"%* + ,$ + j*%/','# + -',%28',' + ',$/&%*E + -$2 + '/"-'3 + ,$+
$#&"-'()*[ + Q_[ + .*% + ?']$% + 4'%23D* + #2?"0"$/&$ + .'%' + -'/&$% + -"/D' + 0*/0$/&%'()* + /$#&'#+
D*%'#+'.$%&','#B+
M+12$-+$2+.*##'+&$%+$#12$0",*[+-$/&'3-$/&$+#*2+8%'&*B+K'3$+3$-4%'%+12$+*#+
'8%',$0"-$/&*#+#)*+%$,"8",*#+#$-.%$+'*+?"-+,*+&$R&*[+$-+2-+-*-$/&*+$-+12$+'+0'4$('+
j`+$#&`+-'"#+,*+12$+0'/#','+$+.$#','B+7$(*+#$2+.$%,)*+.$3*+$#12$0"-$/&*B
<+.%"/0".'3-$/&$+'+!$2#+.*%+-$+'4%"%+$##'+*.*%&2/",',$[+.*%+-$+-*#&%'%+*+12$+
$%'+"-.*%&'/&$+.$#12"#'%[+-$+.*2.'%+,*+12$+G$+,$+12$-I+-$+'&%'.'3D'%"'[+-$+-'/&$%+
N"N*+/*#+-*-$/&*#+$-+12$+'+#'_,$+#$+.$%,"'+$/&%$+$##'#+.`8"/'#+$+-$+.$%-"&"%+0D$8'%+
'*+?"-B+>$2#+.3'/*#+.'%'+-"/D'+N",'+/)*+.*,$-+#$%+?%2#&%',*#+/$-+.*%+-"-+-$#-*B+
<#&$+&%'4'3D*+?*"+%$'3"]',*+0*-+'.*"*+,'+LM7<>[+12$+-$+02#&$*2+,2%'/&$+*#+
'/*#+,$+02%#*B
k
lP+12$+=+j`+?*"m+$+*+12$+D`+,$+#$%[+&'-4=-+
j`+?*"m+$+!$2#+.$,$+0*/&'+,*+12$+.'##*2B+l
+++++++++++++++++++++++++++++++++++++++++++++<03$#"'#&$#+FEXZ
lBBB+'+-*%&$+=+-2"&*+.%*N'N$3-$/&$+'+.%"/0".'3+"/N$/()*+,'+
N",'B+n+*+'8$/&$+,$+-2,'/('+,'+N",'B+<3'+3"-.'+*+N$3D*+.'%'+
'4%"%+0'-"/D*+.'%'+*+/*N*B+V$##$+-*-$/&*[+*+/*N*+=+N*0iB+
6'# + '382- + ,"'[ + /)* + -2"&* + ,"#&'/&$[ + N*0i + 8%',2'3-$/&$ + #$+
&*%/'%`+2-+N$3D*+$+#$%`+N'%%",*B+!$#023.'+#$%+&)*+,%'-`&"0*[+
-'#+"##*+=+'+N$%,',$Bo
***********>&$N$+e*4#+GXpZZ:CWXXI[+!"#02%#*+$-+>&'/?*%,[+CWWZB
q
&%'!-/:
<##'+,"##$%&'()*+&%'&'+,$+'/'3"#'%+'#+,2'#+.%"-$"%'#+?'#$#+,*+.%*0$##*+,$+"/032#)*+,'+
"/*N'()*+,*#+0'%%*#+,$+0*-4'&$+/*+<R=%0"&*+Q%'#"3$"%*[+%$'3"]','#+,2%'/&$+'#+,=0','#+,$+
XpCW+$+XpFWB+@&"3"]'/,*+*#+-*,$3*# +3'+.&?-).4&* #$ +/%6+%.&6+ ,$+$#&2,*+,'#+"/*N'(^$#+
-"3"&'%$#[+'/'3"#'+'#+-2,'/('#+*0*%%",'#+/'+*%8'/"]'()*+-"3"&'%+'&%'N=#+,$+#2'+0',$"'+
D"$%`%12"0' + $ + ,'# + '(^$# + $ + %$'(^$# + ,*# + #$2# + -$-4%*#B + P4#$%N' + 0*-* + ' + 023&2%'+
*%8'/"]'0"*/'3 + '&2*2 + ,2%'/&$ + ' + &%'/#?*%-'()*[ + "/?32$/0"'/,* + * + .$/#'-$/&* + ,'+
*?"0"'3",',$+,*+<R=%0"&*+?'0$+'*+/*N*+$12".'-$/&*B+
3HIHJKHL5MNHJO:+<R=%0"&*+Q%'#"3$"%*B+P%8'/"]'(^$#+6"3"&'%$#B+r/*N'()*+6"3"&'%B+L23&2%'+
P%8'/"]'0"*/'3B+6$0'/"]'()*B+L'%%*#+,$+L*-4'&$B
p
)>'.&)2.:
HD"#+s*%t+'/'3f#$#+&D$+.%*0$##+*?+"/032#"*/+*?+&D$+'%-*2%$,+?*%0$#+"/&*+Q%']"3"'/+M%-f+
,2%"/8 +&D$ + ,$0',$# +*? +XpCW +'/, + XpFW[+ 2/&"3 + &D$ +#&'%& + *?+ >$0*/, +S*%3, + S'%B +@#"/8+
-*,$3#+?%*-+P%8'/"]'&"*/#+HD$*%f+'/,+L*/#&%2&"N"#-+&*+#&2,f+-"3"&'%f+"//*N'&"*/[ +"&+
'/'3f#$#+&D$+0D'/8$#+*/+&D$+-"3"&'%f+*%8'/"]'&"*/+'/,+f*2%+,$0"#"*/+-'t"/8+.%*0$##B+
!$-*/#&%'&$#+D*s+&D$+023&2%$+'??$0&$,+&D$+0D'/8$+*/+&D$+-"3"&'%f+*??"0$%#[+"/?32$/0"/8+
f*2%+&D*28D&#+3"N"/8#+&*s'%,+&D$+/$s+$12".-$/&B++
POQRSKTL:+ Q%']"3"'/ + M%-fB + 6"3"&'%f + P%8'/"]'&"*/#B
+6"3"&'%f + r//*N'&"*/B+
P%8'/"]'&"*/'3+L23&2%$B+6$0D'/"]$,+S'%?'%$B+M%-*2%$,+A*%0$#B+
XW
'!-;&#/:
@
#".&/(!67/
XY
XBX
H$-'
XY
XBC
b$?$%$/0"'3+6$&*,*398"0*+
XZ
XBF
<#&%2&2%'
Xh
B
-)&2/*.%4&#2/:*
Xq
CBX
P+<#&2,*+,'#+r/*N'(^$#+6"3"&'%$#
Xq
CBC
6*,$3*#+,$+M/`3"#$+2&"3"]',*#
CW
CBCBX P+6*,$3*+r/&%':?*%('#
CW
CBCBC P+6*,$3*+L23&2%'3
CC
CBF
M,$12'()*+,*#+-*,$3*#+
CF
U
)*-/./5-%2)"#<)67/*"/*%=.%&#/&
Ch
FBX
P#+Q%"&u/"0*#+
FC
FBC
P#+A%'/0$#$#
Fp
FBF+
P#+M3$-)$#+
Yh
FBY+
L*-.'%'()*
Yp
C
-/(%&"#<)67/*(/*%=0&2#./*>&)'#,%#&/
ZX
YBX
7'/*%'-'+'/&$%"*%+a+6"##)*+,$+r/#&%2()*+
ZX
YBXBC M+A*%-'()*+7%*?"##"*/'3
ZY
YBC
Zp
P+<R=%0"&*+Q%'#"3$"%*+?'0$+a+7%"-$"%'+;2$%%'+62/,"'3
YBCBX M+;2$%%'+,$+6'&$%"'3
Zp
YBCBC P+>$%N"(*+6"3"&'%+P4%"8'&9%"*+$+'+?*%-'()*+,'+r,$/&",',$+
hW
,*+<R=%0"&*+Q%'#"3$"%*
YBF
M+6"##)*+6"3"&'%+A%'/0$#'+,$+r/#&%2()*
hC
YBY
M+<%'+K'%8'#
hZ
YBZ
7%$/2/0"*+a+rr+;2$%%'+62/,"'3+$+#2'#+*.*%&2/",',$#
hk
YBh
b$#2-*
hq
V
)*-/./5-%2)"#<)67/*"/*>&)'#,
kW
ZBX
7$%#.$0&"N'+\"#&9%"0'E
kW
ZBXBX 7%"-$"%'+A'#$+GXpCXI
kW
ZBXBC >$82/,'+A'#$+GXpFqI
kF
ZBC
kZ
M/`3"#$
ZBCBX 7%"-$"%'+A'#$+GXpCXI
kZ
XX
ZBCBC >$82/,'+A'#$+GXpFqI
qC
ZBCBCBX M+%$'()*+,*#+*?"0"'"#
qq
ZBF
!'+$#0'##$]+'+'42/,u/0"'E+P+r/"0"*+,'+H$%0$"%'+A'#$
pY
W
2/"2,!'7/
ph
hBX
H$0/9?"3*#+$+&$0/9?*4*#E+L23&2%'+P%8'/"]'0"*/'3+$+r/*N'()*
ph
hBC
P+c6'N$%"0tdE
pk
hBF
M+"/032#)*E
pp
hBFBX P+cH2&*%d+?*"+#24#&"&25,*
pp
hBFBC M+c$/R2%%','d+,$+%$02%#*#+,*#+<@ME
XWX
hBFBF M+?'3&'+,$+2-+/_03$*+?*%-',*%+,$+,*2&%"/'
XWX
hBY
XWC
@-+7*##5N$3+T$8',*
&%+%&X"2#)'
XWY
XC
'#1,)'*!.#,#<)()'
22
L'%%*+,$+0*-4'&$
2#1'
LD"$?+*?+r-.$%"'3+;$/$%'3+>&'??+G@gI
2#--
L$/&%*+,$+r/#&%2()*+,$+6*&*-$0'/"]'()*
%>
<R=%0"&*+Q%'#"3$"%*
%-%
<#&',*+6'"*%+,*+<R=%0"&*
%2%-%
<#0*3'+,$+L*-'/,*+$+<#&',*+6'"*%
%L)/
<#0*3'+,$+M.$%?$"(*'-$/&*+,$+P?"0"'"#
%L--
<#0*3'+,$+6*&*-$0'/"]'()*
%LY))
<#12',%)*+,$+M2&*:-$&%'3D',*%'#*
--+
6"##)*+6"3"&'%+A%'/0$#'
XF
@5#".&/(!67/:
@[email protected][H
<##$+&%'4'3D*+'4*%,'+'+"/&%*,2()*+,$+2-+/*N*+$12".'-$/&*+$-+2-'+*%8'/"]'()*+
-"3"&'%B+<#.$0"?"0'-$/&$+/$##$+0'#*[+'+?*%-'()*+,'#+.%"-$"%'#+2/",',$#+,$+0'%%*#+,$+
0*-4'&$+/*+<R=%0"&*+Q%'#"3$"%*B+<-4*%'+.'%$('+'+.%"/0"."*+2-+&%'4'3D*+D"#&9%"0*[+$3$+
$#&`+"/#$%",*+/'+`%$'+,'+0"i/0"'+.*35&"0'B+r##*+,$N$+#$%+,$"R',*+03'%*+,$N",*+a+,"?"023,',$+
$R"#&$/&$+$-+$/0*/&%'%+-'&$%"'3+4"43"*8%`?"0*+'+%$#.$"&*+,*+&$-'+&%'&',*B+62"&*+.*20'+
'&$/()*+=+,','+'*+$#&2,*+,'#+'%&$#+-"3"&'%$#+O+&'/&*+,'+D"#&9%"'+12'/&*+,*+#$2+$-.%$8*+
*.$%'0"*/'3 + O + /* + -$"* + '0',i-"0* + 4%'#"3$"%*[ + * + 12$ + *4%"8' + * + .$#12"#',*% + ' + 42#0'%+
"/?*%-'(^$# + ,"%$&'-$/&$ + /' + ?*/&$ + $[ + .*%+ 0*/#$82"/&$[ + $#0%$N$% + ' + D"#&9%"' + '* + -$#-*+
&$-.*+$-+12$+?']+'+'/`3"#$B
V'+`%$'+,'+0"i/0"'+.*35&"0'[+?*%'+,*+Q%'#"3[+#$+,`+-'"*%+'&$/()*+'*#+.%*0$##*#+,$+
&%'/#?*%-'()* + 12$ + *0*%%$- + /'# + *%8'/"]'(^$# + -"3"&'%$#B + M + 82$%%' + : + $- + #2'#+
0'%'0&$%5#&"0'# + *.$%'0"*/'"# + : + #$ + -*,"?"0' + ,$ + '0*%,* + 0*- + '# + -2,'/('# + #*0"'"# + $+
&$0/*398"0'#[ + *0*%%",'# + ,$ + -'/$"%' + ,"?$%$/&$ + $- + ,"N$%#*# + .$%5*,*# + ,' + D"#&9%"'+
GM,'-#tf[+CWXWE+qB+;%'f[+CWWZE+FCIB+<##'#+-2,'/('#+-'/&i-+'#+*%8'/"]'(^$#+-"3"&'%$#+
$-+42#0'+0*/#&'/&$+.*%+,"#0$%/":3'#+$+'&=+-$#-*+'/&$0".`:3'#[+$N"&'/,*+0*-+"##*+12$+
.*##'-+N$%+#$2#+-=&*,*#+*.$%'0"*/'"#+&*%/'%$-:#$+*4#*3$&*#+G62%%'f[+XpphE+ZIB+
!$+-$',*#+,*+#=023*+vrv+$+,2%'/&$+*+#=023*+vv[+$##'#+-2,'/('#+#$+%$'3"]'%'-+
' + 2-' + N$3*0",',$ + "-.'% + $- + %$3'()* + ' + *2&%*# + .$%5*,*#[ + .*##"4"3"&',' + .$3*# + 'N'/(*#+
&$0/*398"0*# + $ + -2,'/('# + #*0"'"# + ,' + %$N*32()* + "/,2#&%"'3 + G62%%'f[ + XpphE + XIB + M+
&$0/*3*8"'+$-+0*/#&'/&$+'N'/(*+/$##$+.$%5*,*+&$N$+"-.*%&'/&$+.'.$3+/*+0$/`%"*+-"3"&'%[+
&*%/'/,* + '# + -*,$%/'# + *%8'/"]'(^$# + -"3"&'%$# + $R&%$-'-$/&$ + ,$.$/,$/&$# + ,*+
,$#$/N*3N"-$/&* + 0"$/&5?"0*:&$0/*398"0*[ + ,' + "/,_#&%"' + $ + ,' + "/?%':$#&%2&2%' + G!*-"/8*#+
V$&*[+CWWYE+CZI+.'%'+#$+$12".'%+0*-+/*N*#+'%&$?'&*#+$+"/*N'%+/*+0'-.*+,$+4'&'3D'B
<#&'+,$.$/,i/0"'+,'#+*%8'/"]'(^$#+-"3"&'%$#+.*%+/*N'#+&$0/*3*8"'#+,"N","2+*#+
-"3"&'%$# + $ + '/'3"#&'# + ,$ + ,$?$#' + $- + ,*"# + 8%2.*#[ + ,$ + '0*%,* + 0*- + <3"*& + L*D$/E + *#+
&$0/9?"3*#[+`N",*#+.*%+&$0/*3*8"'m+$+*#+&$0/9?*4*#[+'N$##*#+'+$3'#+GCWXWE+XYCIB+M+,"#.2&'+
$/&%$ +*# +,*"# + 8%2.*# + '0'4' +.*%+ ?*%/$0$% +a+ *%8'/"]'()* +'+ 0'.'0",',$ +$- +%$0*/D$0$%+
-2,'/('# + /* + 0$/`%"* + ,' + 82$%%'[ + 0'#* + $3' + .*##2' + 2-' + 023&2%' + *%8'/"]'0"*/'3 + 12$+
.*##"4"3"&$+,"#02##^$#+#*4%$+&'"#+&$-'#+$+?'N*%$('+'+$R.$%"-$/&'()*+,$+/*N'#+",="'#B+
XY
6'# + '.$/'# + ' + &$0/*3*8"' + /)* + = + #2?"0"$/&$ + .'%' + D'N$% + 2-' + "/*N'()* + -"3"&'%+
G-$#-*+#$/,*+$3'+*+"-.*%&'/&$+0*-.*/$/&$+"/"0"'3I[+$+#"-+0*-*+'#+.$##*'#+%$#.*/,$-+
a+&$0/*3*8"'B+7'%'+12$+$3'+*0*%%'+=+/$0$##`%"'+'+l0*/?32i/0"'+,$+'%-'-$/&*[+0*/0$"&*#+
*.$%'0"*/'"#[+*%8'/"]'(^$#+$+'+N"#)*+,$+2-'+/*N'+?*%-'+,$+0*-4'&$%o+GM,'-#tf[+CWXWE+
q:pIB+M+,$?"/"()*+,*+2#*+,'+&$0/*3*8"'+,$&$%-"/'+#$+*+-*,*+0*-*+$3'+#$%`+$-.%$8','+
2&"3"]'%`+*+-`R"-*+,'+#2'+$?"0"i/0"'+*.$%'0"*/'3[+$+#$+'12$3$#+12$+'+2&"3"]'-+&%$"/'%)*+
,$+-*,*+'+$R$%0i:3*+G;%'f[+CWWZE+XCCIB
P+0*/&'&*+$/&%$+'#+*%8'/"]'(^$#+-"3"&'%$#+,$+,"?$%$/&$#+.'5#$#+'0'4'+.*%+%$'3"]'%+
2-+"/&$%0u-4"*+,$+"/?*%-'(^$#+$/&%$+$3'#[+3$N'/,*+'382-'#+'+%$'3"]'%+*+.%*0$,"-$/&*+
,'+$-23'()*[+'&%'N=#+,'+l"-.*%&'()*+,$+"/#&%2-$/&*#+$+-=&*,*#+-"3"&'%$#+.$3'+"-"&'()*+
,$##'# + *%8'/"]'(^$#o + GA'%%$33 + w + H$%%"??[ + CWWCE + hIB + P + .%*0$##* + ,' + $-23'()* + = + -'"#+
%$'3"]',*+.*%+*%8'/"]'(^$#+-"3"&'%$#+,$+.'5#$#+$-+-$/*%+$#&`8"*+,$+,$#$/N*3N"-$/&*[+
12$ + 42#0'- + '##"- + #$ + "82'3'% + a# + *%8'/"]'(^$# + -"3"&'%$# + ,$ + .'5#$# + $- + $#&`8"* + -'"#+
'N'/(',*+,$+,$#$/N*3N"-$/&*+&$0/*398"0*+$+$0*/x-"0*B+
V$##$+.%*0$##*+$#&`+"/#$%",*+$#&$+&%'4'3D*B+P+"/50"*+,'+-*&*-$0'/"]'()*X+ /*+
<R=%0"&* + Q%'#"3$"%* + $#&` + "/#$%",* + /* + .%*0$##* + ,$ + -*,$%/"]'()* + .$3* + 12'3 + .'##*2 + '+
*%8'/"]'()*+-"3"&'%+4%'#"3$"%'+,2%'/&$+'+.%"-$"%'+-$&',$+,*+#=023*+vv[+'2R"3"',*+.*%+
2-'+-"##)*+,$+"/#&%2()*+?%'/0$#'+12$+0'&'3"#'N'+'+$-23'()*B+M+"-.*%&u/0"'+,*+&$-'+
$#&` + $- + ,$&$%-"/'% + 0*-* + #$ + "/"0"*2 + * + .%*0$##* + ,$ + "/032#)* + ,$#&' + &$0/*3*8"' + O + '+
-$0'/"]'()* + O+ /* + <R=%0"&* + Q%'#"3$"%*B +@ # 5328+"*" # &# $%" # ')* # &+",)* # A # ("# $%" # "**" #
2.)/"**)#3'3/3&6#'B)#-)3#"-"+3C&,"'+"#&**3,36&()#2"6&#).:&'31&4B)#,363+&.0#6"C&'()#"6&#
&0#2)*+".3).,"'+"0#'B)#"'+"'(".#*"%#",2.":)#&("$%&()#'&#("-"*&#()#2&D*>+
@ZB5&O\OKO]M^HI*-O_STSI`a^MS
7'%' + 02-.%"% + 0*- + * + *4j$&"N* + 8$%'3 + ,$##$ + &%'4'3D*[ + #$%)* + .$%0*%%",*# + '382/#+
.*/&*#+12$+.*,$-+#$%+0*/#",$%',*#+0*-*+*4j$&"N*#+#$02/,`%"*#B
7%"-$"%*[ + ?*%-'% + * + D"#&9%"0* + ,' + -*&*-$0'/"]'()* + /* + <R=%0"&* + Q%'#"3$"%*[+
.*##"4"3"&'/,* + ' + ",$/&"?"0'()* + ,$ + #2' + 023&2%' + *%8'/"]'0"*/'3B + M##"- + #$%` + .*##5N$3+
*4#$%N'%+*+0*-.*%&'-$/&*+,'+*?"0"'3",',$+$-+?'0$+'*+/*N*+$12".'-$/&*[+$+",$/&"?"0'%+'+
.*##5N$3+?*%-'()*+,$+8%2.*#+?'N*%`N$"#+*2+0*/&%`%"*#+a+"/032#)*+,*+/*N*+$12".'-$/&*B+
X
+P+H$%-*+,)+),"/&'31&4B)+/)*+0*/#&"&2"+'.$/'#+2-'+.'3'N%'[+-'#+'+j2/()*+,$+,2'#E+,)+).31&4B)+$+
,"/&'31&4B)B+7'%'+,"?$%$/0"'%-*#+2-'+,'+*2&%'[+#$%`+2&"3"]','+'+$R.3"0'()*+,$+2-+,*#+*?"0"'"#+4%'#"3$"%*#+
,$#&$+.$%5*,*E+l,)+).31&4B)+&%'&'+,*#+-*&*%$#+,$+N$5023*#+,$+&%'/#.*%&$+$+,$+&%'()*m+,"/&'31&4B)+,"]+
%$#.$"&*+'*#+$/8$/D*#+,$+82$%%'[+43"/,',*#o+GL'4%'3[+XpYXE+pWWIB+H%'&'/,*:#$+,$#&$+&%'4'3D*[+*/,$+#$+3$%+
,)+),"/&'31&4B)[+$/&$/,':#$+.%"-'%"'-$/&$+'+,"/&'31&4B)[+,'+12'3+?']"'-+.'%&$+*#+0'%%*#+,$+0*-4'&$B
XZ
<- + #$82/,* + 328'%[ + N$%"?"0'% + * + .'.$3 + $R$%0",* + .*% + -$-4%*# + ,' + *%8'/"]'()*+
-"3"&'% + /* + .%*0$##* + ,$ + "/032#)*B + 7%$&$/,$:#$ + '##"- + .%$0"#'% + ' + "/?32i/0"' + 12$ + $##$#+
*?"0"'"#+.*##'-+&$%+$R$%0",*+/*+.%*0$##*[+/)*+0*-*+-5&"0*#+%$?*%-',*%$#+,*2&%"/`%"*#[+
-'#+0*-*+.'%&$+12$+#)*+,'+*%8'/"]'()*+-"3"&'%+$[+0*/#$1y$/&$-$/&$+"/#$%",'+/'+0',$"'+
D"$%`%12"0'B
L*- + $##$# + *4j$&"N*# + #$02/,`%"*#[ + #$ + 0D$8'%` + a + '?"%-'()* + ,' + D".9&$#$ + O + *+
*4j$&"N*+0$/&%'3+:[+,$+12$+'+"/032#)*+,*#+0'%%*#+,$+0*-4'&$+/*+<R=%0"&*+Q%'#"3$"%*+/)*+
?*"+'##"-"3','+$?$&"N'-$/&$[+,$-*/#&%'/,*+'#+0'2#'#+,$##'+-`+'##"-"3'()*B
L*-*+N'%"`N$"#+,$##'+D".9&$#$[+&$-*#+&%i#+&".*#E+'+"/,$.$/,$/&$[+'+,$.$/,$/&$+$+
' + 0*/,"0"*/'/&$B + M + N'%"`N$3 + "/,$.$/,$/&$ + = + ' + "/032#)* + ,*# + 0'%%*# + ,$ + 0*-4'&$ + /*+
<R=%0"&* + Q%'#"3$"%*B + M + N'%"`N$3 + ,$.$/,$/&$ + $/&)* + = + ' + &%'/#?*%-'()* + ,*2&%"/`%"'+
,$0*%%",'+,$##'+"/032#)*B+L*-*+N'%"`N$3+0*/,"0"*/'/&$+&$-:#$+'+023&2%'+*%8'/"]'0"*/'3+
,*+<R=%0"&*B
M#+N'%"`N$"#+#$+%$3'0"*/'-+,'+#$82"/&$+-'/$"%'E+P#+0'%%*#+,$+0*-4'&$+?*%'-+
',12"%",*# + .$3* + <R=%0"&*[ + 12$ + .'##' + ' + "/0*%.*%`:3*# + '* + #$2 + $12".'-$/&*B + <##'+
"/0*%.*%'()*[+/*+$/&'/&*[+,$-'/,'+-2,'/('#+&'/&*+,*2&%"/`%"'#+12'/&*+&=0/"0'#[+12$+
,$N$- + #$% + $?$&2','# + /'# + 2/",',$# + 12$ + %$0$4$%$- + *# + N$5023*#B + M + 0*/,2()* + ,$##$+
.%*0$##*+=+,$0",",' +.$3*+0*-'/,* +,'+*%8'/"]'()* +-"3"&'%[ +12$+$#0*3D$+*?"0"'"# +.'%'+
0*/,2]":3*[+0*/,"0"*/',*+.$3'#+$#.$0"?"0",',$#+,'+023&2%'+*%8'/"]'0"*/'3+,'+?*%('B++
7'%'+?']$%+$##'+'/`3"#$[+2&"3"]'%'-:#$+0*-*+?*/&$#+'#+%$N"#&'#+@#="-"*&#E&/3)'&6[+
.243"0','#+/*+.$%5*,*+.%*.*#&*B+M+%$N"#&'+#$%N"'+0*-*+N$"023*+,$+"/?*%-'()*+#*4%$+'+
`%$'+&=0/"0'+$+.%*?"##"*/'3+-"3"&'%[+0*/&$/,*+'%&"8*#+12$+&%'&'N'-+,'#+-2,'/('# +12$+
*0*%%"'- + /' + `%$' + -"3"&'% + /$##$ + .$%5*,*[ + '3=- + ,$ + $R.*% + '# + %$'(^$# + ,' + *?"0"'3",',$+
4%'#"3$"%' +' +$##'# + -2,'/('#B + M +%$N"#&' +E&4B) #@.,&(&+ &'-4=- +?*" + '/'3"#',' + .'%' +'+
.$#12"#'[+/'+-$#-'+"/&$/()*+,$+@#="-"*&#E&/3)'&6B+
7243"0'(^$#+,$+D"#&9%"'+'+%$#.$"&*+,*#+0'%%*#+,$+0*-4'&$+/*+Q%'#"3+#)*+.*20'#[+
-'#+.*##"4"3"&'%'-+&%'('%+2-+D"#&9%"0*+,*+.%*0$##*+,$+-$0'/"]'()*+/*+<R=%0"&*+0*-*+
.'/* + ,$ + ?2/,* + .'%' + ' + '/`3"#$B + M + %$#.$"&* + ,$##$ + .%*0$##* + /*# + ,$-'"# + .'5#$#[ + '+
4"43"*8%'?"' + = + -'"*%[ + #$/,* + '-4'# + 2&"3"]','#B + H'-4=- + #$ + 42#0*2 + "/?*%-'()* + $-+
%$3'&9%"*#+.%*,2]",*#+.$3'#+2/",',$#+$#&2,','#+/*+&%'4'3D*B+
7*%+23&"-*[+?*"+3$N'/&','+'+4"*8%'?"'+,$+'382/#+*?"0"'"#+$/N*3N",*#+/*+.%*0$##*[+
.'%'+#'4$%+12$+"/?32i/0"'+#2'+.'%&"0".'()*+/*+.%*0$##*+,$+-$0'/"]'()*+.*,$+&$%+&",*+
/2-'+.*##5N$3+'#0$/#)*+,$+#2'#+0'%%$"%'#B
Xh
@ZU5%L_Kb_bKH
M+,$-'/,'+.$3*+&$-'+,$+&%'/#?*%-'(^$#+$-+*%8'/"]'(^$#+-"3"&'%$#+/*+Q%'#"3+#9+
%$0$/&$-$/&$+&$-+%$0$4",*[+$-4*%'+'"/,'+.$12$/'[+'+,$N",'+'&$/()*B+M+.$#12"#'+$-+
"/*N'(^$#+-"3"&'%$#[+/*+0'#*+,*+Q%'#"3[+=+"/$R"#&$/&$B+r##*+=+.$%0$.&5N$3+.$3*+%$?$%$/0"'3+
&$9%"0*+2&"3"]',*[+,$+*%"8$-+'/83*:#'R)*[+12$+#$%`+-'"#+,$&'3D',*+/'+#$82/,'+.'%&$+,*+
&%'4'3D*[+,$-*/#&%'/,*+*+12$+#$%`+2&"3"]',*+,$#&'+3"/D'+,$+.$#12"#'[+$+0*-*+$3'+#$%`+
'.3"0','+.'%'+'+'/`3"#$B+
V'+&$%0$"%' +.'%&$+,*+&%'4'3D*[+#$+?'%`+2-+.'/*%'-'+D"#&9%"0*+,*+.%*0$##*+,$+
-*&*-$0'/"]'()* + /'# + *%8'/"]'(^$# + -"3"&'%$# + 12$ + $#&'N'- + /' + .*/&' + ,' + "/*N'()*E+
r/83'&$%%'[+A%'/('+$+M3$-'/D'B+P.&*2:#$+.*%+$R032"%+'+@/")*+>*N"=&"0'+$+*#+<#&',*#+
@/",*#+.*%+12$#&^$#+,$+?*0*E+*#+&%i#+.%"-$"%*#+.'5#$#+$R$%0"'-+-'"#+"/?32i/0"'+#*4%$+*+
.$/#'-$/&*++,*#+-"3"&'%$#+4%'#"3$"%*#[+$#.$0"'3-$/&$+'+A%'/('B
@-+$R$-.3*+,*+.%*0$##*+,$+$-23'()*+=+&%'&',*+/$#&$+&%'4'3D*[+*/,$+$/0*/&%':#$+
2-' + *%8'/"]'()* + -"3"&'% + 23&%'.'##',' + 12$ + $#&$N$ + $- + 42#0' + ,$ + -*,$%/"]'()*+
*%8'/"]'0"*/'3[+*.$%'0"*/'3+$+&$0/*398"0'+,2%'/&$+&*,'+'+.%"-$"%'+-$&',$+,*+#=023*+vv+
GM3N$#[ + CWWkE + ZkI[ + &$/,* + .'%' + "##* + 12$ + 0*/&'% + 0*- + * + '2R53"* + ,$ + *2&%' + *%8'/"]'()*+
-"3"&'%[+$#&%'/8$"%'[+0*-*+&2&*%'U0*/#23&*%'B+P+.%*0$##*+,$+-*,$%/"]'()*+,*+<R=%0"&*+
Q%'#"3$"%*+O+,*+12'3+'+-$0'/"]'()*+?$]+.'%&$+O+#$%`+,$&'3D',*+D"#&*%"0'-$/&$+/'+12'%&'+
.'%&$+,*+&%'4'3D*B++
M+12"/&'+.'%&$+#$+0*-.^$+,'+-*&*-$0'/"]'()*+/*+<R=%0"&*+Q%'#"3$"%*[+*/,$+#$%`+
?$"&* + 2- + .'/*%'-' + D"#&9%"0* + ,'# + ,2'# + ?'#$# + ,' + "/032#)* + ,*# + 0'%%*# + ,$ + 0*-4'&$B+
7*#&$%"*%-$/&$ + #$%`+%$'3"]',' + '+ '/`3"#$ +#*4%$+ $##'# + ?'#$# + 2&"3"]'/,* +*# +-*,$3*# + 12$+
?*%'-+$R.3"0',*#+/*+-'%0*+&$9%"0*B+
V'+#$R&'+.'%&$[+0*/032":#$+*+&%'4'3D*+0*-+*+'0%=#0"-*+,$+'382-'#+12$#&^$#+12$+
.*##'-+&$%+#2%8",*+.*%+$##'+0'-"/D','B
Xk
B5-)&2/*.%4&#2/***
+
P+$#&2,*+#*4%$+"/*N'(^$#+-"3"&'%$#+=+%$0$/&$B+L*/#",$%':#$+0*-*+#$2+"/50"*+*+
3"N%*+,$+Q'%%f+7*#$/[+95"#!)%./"*#)-#F363+&.G#=)/+.3'"+GXpqYIB+<##$+&%'4'3D*+"/"0"*2+*+
"/&$%$##$ + '0',i-"0* + /$##' + `%$' + '* + &$/&'% + $R.3"0'% + '# + '3&$%'(^$# + $- + ,*2&%"/'# + $+
*%8'/"]'(^$#+-"3"&'%$#[+3"8'/,*:'#+a+"/*N'()*+&$0/*398"0'+$+'*+0*/&%*3$+,*+.*,$%+0"N"3+
#*4%$ + *# + -"3"&'%$#B + @&"3"]'/,* + '# + 0"i/0"'# + #*0"'"# + .'%' + $##' + '/`3"#$[ + 7*#$/ + %$&"%*2 + *+
$#&2,*+,'#+"/*N'(^$#+,'#+`%$'#+$-+12$+$%'-+'/&$%"*%-$/&$+$#&2,',*#+:+'+D"#&9%"'+-"3"&'%+
$+$#&2,*#+#*4%$+42%*0%'0"'B+
!$##$ + &%'4'3D* + $- + ,"'/&$[ + ' + `%$' + ,$ + $#&2,*# + #*4%$ + "/*N'(^$# + -"3"&'%$# + #$+
,$#$/N*3N$2[+l?*%-'/,*+2-+/*N*+0'-.*+0*-+,"?$%$/&$#+-*,$3*#+$R.3"0'&"N*#+$+2-'+
0%$#0$/&$+"/?32$/0"'+'3=-+,'#+4'%%$"%'#+,'+'0',$-"'o+G;%"##*-[+CWWhE+pWhIB+++++
BZ@5/*%L_bTS*THL*#]SJHcdOL*-^I^_HKOL
+
<-+'%&"8*+%$0$/&$[+M,'-+;%"##*-C+?']+2-+3$N'/&'-$/&*+'+%$#.$"&*+,'#+.$#12"#'#+
/$##'+`%$'+/'#+_3&"-'#+,2'#+,=0','#[+,$?"/"/,*+*+12$+#)*+"/*N'(^$#+-"3"&'%$#+$+12'"#+#)*+
#2'#+l$#0*3'#+,$+.$/#'-$/&*oB+M+%$#.$"&*+,*+0*/0$"&*+,$+3')C&4H"*#,363+&."*[+;%"##*-+
GCWWhE+pWZ:pFYI+'#+,$?"/$+,$+&%i#+-*,*#E
XI lM+r/*N'()*+-*,"?"0'+*+-*,*+0*-*+'#+?*%-'(^$#+-"3"&'%$#+'&2'-+/*+0'-.*+*.$%'0"*/'3Fmo
CI lM+r/*N'()*+&$-+,$+&$%+,$?"/"()*+$-+#$2+?*0*+*4j$&"N*+$+"-.'0&*+/'+*%8'/"]'()*[+*2+#$j'[+
$3'+,$N$+'&"/8"%+.'%&$+0*/#",$%`N$3+,'+*%8'/"]'()*+-"3"&'%Bo
FI lr/*N'(^$#+#)*+'##"-"3','#+'+8%'/,$#+-$3D*%"'#+/'+$?"0"i/0"'+,'+*%8'/"]'()*+-"3"&'%Bo+
b$#2-"/,*+$#&$#+&%i#+0*-.*/$/&$#[+;%"##*-+0*/032"+12$+'+,$?"/"()*+,$+"/*N'()*+
= + l2-' + -2,'/(' + /' + .%`R"# + *.$%'0"*/'3 + 12$ + .%*,2] + 2- + '2-$/&* + #"8/"?"0'&"N* + /'+
$?"0"i/0"' + ,' + *%8'/"]'()* + -"3"&'%o +YB + M.9# + ,$?"/"% + "/*N'()*[ + $3$ + $/&)* + ,$?"/$ + #2'#+
C
+M,'-+;%"##*-+=+.$#12"#',*%+,'+b'/,+L*%.*%'&"*/B+P+'%&"8*+0"&',*+$#&`+$-E+;%"##*-[+M,'-B+95"#
I%+%."#)-#F363+&.G#J'')C&+3)'#!+%(3"*>+r/E+HD$+e*2%/'3+*?+>&%'&$8"0+>&2,"$#B+K*3B+Cp[+V*B+Z[+P2&24%*+,$+
CWWhB+7`8#B+pWZ:pFYB+P+&$%-*+c$#0*3'+,$+.$/#'-$/&*d+G#0D**3+*?+&D*28D&I+$+&*,'#+'#+.'##'8$/#+'+#$82"%+
,*+-$#-*+'%&"8*+?*%'-+&%',2]",'#+.*%+-"-+.'%'+*+.*%&282i#B+
F
+L*-*+?*%-'(^$#+-"3"&'%$#+*.$%'0"*/'"#+$/&$/,$+:+#$[+'##"-+0*-*+;%"##*-[+12$+$#&'#+#$%"'-+'#+
?*%-'(^$#+,$+0*-4'&$+12$+'&2'-+/*+/5N$3+&`&"0*+O+*.$%'0"*/'3B++
Y
+;%"##*-[+CWWhE+pWkB+T$-4%'%[+'.$/'#+.*%+12$#&)*+,$+02%"*#",',$[+12$+*+'/&x/"-*+,$+"/*N'()*+=+
$#&'8/'()*B+
Xq
l$#0*3'#+,$+.$/#'-$/&*o+#*4%$+.$#12"#'+,$+"/*N'(^$#+-"3"&'%$#[+12$+#$82/,*+$3$+#)*+
12'&%*E
XI -STOIS*M^J^I5[^I^_HK[+12$+$/?'&"]'+'+"/*N'()*+/'#+*%8'/"]'(^$# +-"3"&'%$#+0*-*+?%2&*+,'+
"/?32i/0"'+,*+0*/&%*3$+0"N"3+#*4%$+'+$#0*3D'+,'#+,*2&%"/'#+-"3"&'%$#[+'.*"'/,*+*?"0"'"#+02j'#+
",="'#+%$?*%-"#&'#+"%"'-+0*/&%'+'+*%8'/"]'()*+-"3"&'%+O+*#+c6'N$%"0t#dm
CI -STOIS * ^]_OK5\SKcHL[ + 12$ + ?*0' + '# + %$3'(^$# + $/&%$ + '# + *%8'/"]'(^$# + -"3"&'%$# + O + <R=%0"&*[+
6'%"/D'+$+M$%*/`2&"0'+O+$+#2'#+,"#.2&'#+#*4%$+%$02%#*#+,"#.*/5N$"#+.'%'+#$2#+*4j$&"N*#[+12$+
#$%"'-+*#+0'&'3"#',*%$#+.'%'+'+"/*N'()*B+M+0*/0*%%i/0"'+$/&%$+'#+?*%('#+'#+&*%/'%"'+-'"#+
.%*.$/#'#+'+'2-$/&'%+#2'+$?"0"i/0"'+*.$%'0"*/'3+$-+42#0'+,$+-'"#+%$#$%N'#+,*+<#&',*+.'%'+'+
-$#-'m
FI -STOIS*#]_KH5\SKcHLe*12$*'/'3"#'+'+,"#.2&'+$/&%$+'#+'%-'#+$+8%2.*#+,$/&%*+,'+-$#-'+?*%('[+
#28$%"/,*+12$+*#+8%2.*#+,$/&%*+,'#+*%8'/"]'(^$#+-"3"&'%$#+/)*+,$N$-+#$%+&%'&',*#+0*-*+
'&*%$#+2/"&`%"*#[+,$-*/#&%'/,*+12$+"/*N'(^$#+-"3"&'%$#+&$/,$-+'+$/N*3N$%+0*/&$/,'#+$/&%$+*+
8%2.*+$R"#&$/&$+,$/&%*+,'+*%8'/"]'()*+N$%#2#+*+8%2.*+%$0=-+?*%-',*m+
YI -STOIS*2bI_bKHI[+'+-'"#+%$0$/&$ +,'#+$#0*3'#[ +#$+0*/0$/&%' +/*#+$#&2,*#+#*4%$ +'+023&2%'+
$#&%'&=8"0'+$+*%8'/"]'0"*/'3+,'#+?*%('#+-"3"&'%$#[+#$/,*+12$+'+,$?"/"()*+,','+.*%+023&2%'+=+
c0%$/('#+"/&$%#24j$&"N'#+'0$%0'+,*+-2/,*+#*0"'3+$+/'&2%'3+12$+,$?"/$+'2&*%$#[+#"&2'(^$#+$+
.*##"4"3",',$#+,$+'()*dB
;%"##*-+'"/,'+,$?"/$+,2'#+3"/D'#+,$+,"%$0"*/'-$/&*+.'%'+'+,"?2#)*+,*+.%*0$##*+
,$+"/*N'()*+,$/&%*+,'+*%8'/"]'()*+-"3"&'%[+,$+'0*%,*+0*-+#2'+*%"8$-E +J')C&4B)#("#
K&37) # 2&.& # /3,& # L&*/"'("'+"M+ *2 +(" # /3,& # 2&.& # K&37) # L("*/"'("'+"MB + P2 + #$j'[ + #$ + '+
"/*N'()*+#$+"/"0"'+/*+4'"R*+$#0'3)*+,'+*%8'/"]'()*+$+%$0$4$+'+.*#&$%"*%+'0$"&'()*+,*+'3&*+
$#0'3)*[+*2+#$+'+"/*N'()*+=+.%"-$"%'-$/&$+$#&2,','+$+'2&*%"]','+.$3*+'3&*:0*-'/,*+$+
%$.'##','+.'%'+*#+#24'3&$%/*#B+<3$+%$0*/D$0$+12$+'+8%'/,$+-'"*%"'+,*#+$#&2,*#+#*4%$+
"/*N'()*+",$/&"?"0'+.%*0$##*#+/3,&#N#K&37)B+<3$+0*/032"+12$+'#+"/*N'(^$#+-"3"&'%$#[+$-+
#2'+-'"*%"'[+?*%'-+%$'3"]','#+$-+.%*0$##*+D"$%'%12"]',*[+*2+#$j'[+#9+?*%'-+.*##5N$"#+
.*%12$[ + $- + '382- + -*-$/&*[ + ' + 3",$%'/(' + ,' + *%8'/"]'()* + '0$"&*2 + ' + "/&%*,2()* + ,'+
"/*N'()*+,$/&%*+,$+#$2+'.'%$3D*B+!$+'0*%,*+0*-+*+'2&*%[+%'%*#+#$%"'-+*#+.%*0$##*#+O+
'"/,'+.*20*+$#&2,',*#+O+$-+12$+'+"/*N'()*+#$%"'+%$'3"]',' +,'+4'#$+.'%'+*+&*.*+,'+
*%8'/"]'()*B
P+.%*0$##*+,$+"/032#)*+,*#+0'%%*#+,$+0*-4'&$+/*+<R=%0"&*+Q%'#"3$"%*+.*,$%"'[+
$/&)*[+#$%+$R.3"0',*+'&%'N=#+,$+&%i#+,$#&'#+$#0*3'#ZE+.$3*+6*,$3*+;3C36?F363+&.m+*+6*,$3*+
Z
+P+#$82/,*+-*,$3*[+*+6*,$3*+r/&$%+O+?*%('#[+/)*+#$%N$+.'%'+$##$+&%'4'3D*+,$N",*+'*+*4j$&*+$#&2,',*+#$%+
'.$/'#+2-'+*%8'/"]'()*+-"3"&'%[+$+*+-*,$3*+"/&$%+O+?*%('#+?*0'+/*+$#&2,*+,$+2-'+-$#-'+"/*N'()*+
,"#.2&','+.*%+,"?$%$/&$#+*%8'/"]'(^$#+-"3"&'%$#+,*+-$#-*+.'5#B+7'%'+-'"#+,$&'3D$#+,*+-*,$3*+"/&$%+O+
Xp
J'+.&?-).4&*m+$+*+6*,$3*+;%6+%.&6B+7'%'+$#&$+&%'4'3D*[+/*+$/&'/&*[+2&"3"]'%:#$:)*+'#+,2'#+
_3&"-'#+$#0*3'#[+.*%+-*&"N*#+12$+#$%)*+$R.3"0',*#+'+#$82"%B+
BZB5-STOISL*TO*)]fI^LO*b_^I^gHTSL*
BZBZ@5-STOIS*!"#$%&'($)%*
P+'2&*%+$#0*3D",*+/*+6*,$3*+J'+.&?-).4&*[+>&$.D$/+b*#$/[+$-+#$2+3"N%*+O3''3': #
+5"#E"7+#O&.+ GXppXI+/)*+0*/#$82$+$/0*/&%'%+.',%^$#+.'%'+$#&'4$3$0$%+2-'+&$*%"'+,'+
"/*N'()*+*2+2-+-*,$3*+$R.3"0'&"N*+,$+"/*N'()*+/'#+*%8'/"]'(^$#+-"3"&'%$#B+6$#-*+
'##"-[+b*#$/+0D$8'+'+2-'+#=%"$+,$+0*/032#^$#+'0$%0'+,*#+?'&*%$#+12$+.*,$-+0'2#'%+
&%'/#?*%-'(^$#+,*2&%"/`%"'#+/'#+*%8'/"]'(^$#+-"3"&'%$#B+
>&$.D$/+b*#$/+,$?"/$+'#+*%8'/"]'(^$#+-"3"&'%$#+0*-*+2-'+0*-2/",',$+.*35&"0'+
0*-.3$R'[+.*##2",*%'+,$+",$*3*8"'#+$+N'3*%$#+12$+0*/&%*3'-+*+?2/0"*/'-$/&*+,'+-$#-'+
$+'+N",'+,$+#$2#+-$-4%*#[+0*/&$/,*+,$/&%*+,$+#2'+$#&%2&2%'+#=%"$#+,$+#248%2.*#[+0*-+
,"?$%$/&$# + &%',"(^$# + $ + "/&$%$##$#[ + 3"8',*# + ' + #2' + '&2'()* + ,$/&%* + ,' + *%8'/"]'()* + G.*%+
$R$-.3*[+'#+,"?$%$/&$#+'%-'#+,$/&%*+,$+2-+$R=%0"&*IB+<#&$#+#248%2.*#+.*,$-+,"#.2&'%+
$/&%$+#"+*+.*,$%+,$/&%*+,'+*%8'/"]'()*[+#$/,*+12$+.'%'+b*#$/+'+,$?"/"()*+,$+.*,$%+
*%8'/"]'0"*/'3 +$#&` +/*+0*/&%*3$ +$R$%0",* +#*4%$ +'# +.%*-*(^$# +D"$%`%12"0'# +,$/&%* +,'+
*%8'/"]'()*B++
7'%'+b*#$/[+'+"/*N'()*+%$12$%+*+'3"/D'-$/&*+$#.$05?"0*+,$+"/&$%$##$#+$/&%$+*#+
3",$%$#+,'+*%8'/"]'()*[+*#+*?"0"'"#+,$+/5N$3+D"$%`%12"0*+-=,"*+$+'%%'/j*#+"/#&"&20"*/'"#+
12$ + .%*&$j'- + ' + "/*N'()* + ,$ + "/&$%?$%i/0"'# + ,2%'/&$ + #2' + 0*/#*3",'()*B + <#&$ + .%*0$##*+
*0*%%$+12'/,*+*#+35,$%$#+,'+*%8'/"]'()*+,$#$/N*3N$-[+*2+.$%0$4$-+*+#2%8"-$/&*[+,$+
2-'+l/*N'+&$*%"'+,'+N"&9%"'o[+2-'+/*N'+?*%-'+,$+0*-4'&$%+12$+.*,$%`+#$%+2#','+/*+
0*/?3"&*+?2&2%*+GXppXE+CWIB+
!$?"/",'+'+&%'/#?*%-'()*+,*2&%"/`%"'[+>&$.D$/+b*#$/+'%82-$/&'+12$+'+.%"/0".'3+
-$,",'+.'%'+#2'+0*/#*3",'()*+/'+*%8'/"]'()*+*0*%%$+/$3'+.%9.%"'[+0*/,2]",'+.*%+#$2#+
3",$%$#+'&%'N=#+,$+2-+.%*0$##*+.*35&"0*+12$+N"#'+.%*-*N$%+'12$3$#+*?"0"'"#+-'"#+j*N$/#[+
/*#+l0'-"/D*#+,$+.%*-*()*o[+12$+0*/,2]"%'-+*+.%*0$##*+,$+"/*N'()*+/*#+#$2#+$#&`8"*#+
,$+#"-23'()*[+'+.*#"(^$#+$-+12$+$3$#+#$%)*+0'.']$# +,$+,"?2/,"%+'+/*N'+,*2&%"/'+/'+
$#&%2&2%'+*%8'/"]'0"*/'3+,$+-*,*+-'"#+%`.",*+$+$?"0"$/&$+GXppXE+CWIB+
?*%('#[+N$%E+;%"##*/[+M,'-B+95"#I%+%."#)-#F363+&.G#J'')C&+3)'#!+%(3"*>+7`8B+pXW:pXFB+<-+%$3'()*+'*+
-*,$3*+0"N"3+O+-"3"&'%[+$#&$+#$%"'+-'"#+?'N*%`N$3+#$+*+?*0*+,$#&$+&%'4'3D*+?*##$+-'"#+N*3&',*+a+'/`3"#$+,*+
.'.$3+,*+.*,$%+0"N"3+/'+?*%-'()*+,*+.%*0$##*+,$+"/*N'()*B
CW
r#&*+0'2#'%"'[+#$82/,*+*+'2&*%[+2-+/5)$%"#3(")68:3/)+,$/&%*+,'+*%8'/"]'()*[+.*%+
.$%0$4$%+12$+#$2+-*,*+,$+%$'3"]'%+#2'#+?2/(^$#+.*,$%"'+$#&'%+,$?'#',*[+0*3*0'/,*+$-+
%"#0*+#2'+$R"#&i/0"'B+M##"-[+#$%"'+'+/$0$##",',$+,$+-2,'/('+/'+",$*3*8"'+$+/*#+N'3*%$#+
,'+*%8'/"]'()*+12$+'+3$N'%"'+a+&%'/#?*%-'()*+GXppXECWIB+++
<##'#+&%'/#?*%-'(^$#[+12'/,*+*0*%%",'#+$-+&$-.*+,$+.'][+#)*+%$'3"]','#+'&%'N=#+
,$+#"-23'(^$#+,$+0*-4'&$[+2&"3"]'/,*+$12".'-$/&*#+j`+$R"#&$/&$#+*2+$-+?'#$+'N'/(','+
,$+,$#$/N*3N"-$/&*[+-'#+/)*+0*-+$12".'-$/&*#+l"-'8"/`%"*#o+*2+$-+$#&`8"*+"/"0"'3+,$+
,$#$/N*3N"-$/&*B+b*#$/+'##"/'3'+'"/,'+12$[+$-+&$-.*#+,$+.'][+*+.'.$3+,'#+#"-23'(^$#+=+
?2/,'-$/&'3 +.'%'+'+*%8'/"]'()* +/*+,$#$/N*3N"-$/&* +,'+/*N'+,*2&%"/'[ +.*"# +'j2,'+'+
&%'/#?*%-'% + ' + "/*N'()* + $- + ?'#$ + ,$ + &$#&$ + $- + 2-' + /*N' + 0*/0$.()* + *.$%'0"*/'3 + 12$+
,$N$%`+#$%+#$82",'+.*%+&*,'+'+*%8'/"]'()*+GXppXE+CXIB
<#&'+-2,'/('+$#&%2&2%'3[+#$82/,*+b*#$/[+&'-4=-+#*?%$+"/?32i/0"'+,*+-$"*+0"N"3[+
12$+0*/&%*3'+*+'.'%'&*+.*35&"0*[+-'#+*+.%"/0".'3+$?$&"N',*%+,'+&%'/#?*%-'()*+'"/,'+'##"-+
#$%"'+'+.%9.%"'+*%8'/"]'()*B+7'%'+$3$[+*#+*?"0"'"#+-'"#+'/&"8*#+,$N$-+.$%0$4$%+12$+'+
-2,'/(' + .%*.*#&' + #$%` + /$0$##`%"' + $ + ,'% + 328'% + ' + *?"0"'"# + -'"# + j*N$/# + 12$ + .*,$%)*+
'4#*%N$%+-$3D*%+$#&'#+-2,'/('#B+r#&*+#$+%$'3"]'+0%"'/,*+/'+$#&%2&2%'+,'+*%8'/"]'()*+2-'+
0'%%$"%'+3"8','+'*+.%*0$##*+,$+-2,'/('[+,$+-*,*+12$+$#&$#+*?"0"'"#+.*##'-+N"#32-4%'%+'+
0D'/0$+,$+0D$8'%+'*#+.*#&*#+-'"#+'3&*#+,'+*%8'/"]'()*+'&%'N=#+,'+.'%&"0".'()*+/$#&$+
.%*0$##*+,$+"/*N'()*B+M"/,'+,$+'0*%,*+0*-+>&$.D$/+b*#$/[+=+/$#&$+23&"-*+.*/&*+12$+*+
.%*0$##*+,$+ "/*N'()* +&$-+ -'"# + 0D'/0$ +,$ +#$%+ '4*%&',*B+ M +.$%,' +,'+ "/*N'()* +.*,$+
*0*%%$%+#$+?'3&'%+*+'.*"*+.*35&"0*+&'/&*+,'+*%8'/"]'()*+12'/&*+,*+$3$-$/&*+0"N"3+GXppXE+
CXIB
b*#$/+%$?2&'+'+",="'+,$+12$+#$%"'+/$0$##`%"*+2-+lF&C".3/Po[+2-'+$#.=0"$+,$+
*?"0"'3+N"#"*/`%"*[+12$+,$?$/,$%"'+'+"/*N'()*[+-$#-*+0*/&%'+*+%$#&'/&$+,'+*%8'/"]'()*[+
"/032#"N$+#$2#+#2.$%"*%$#[+.'%'+?']$%+0*-+12$+$#&'+#$+&%'/#?*%-'##$+$+"/*N'##$+0*-+#2'#+
",="'#B+M+?2/()*+,*+oF&C".3/PQ+#$%"'+12$4%'%+*+.$/#'-$/&*+$/%"j$0",*+,'+*%8'/"]'()*[+
'&%'N=# +,$+/*N'#+",="'# +.*%+$3$+?*%-23','#[ +#$/,*+$#&$+*?"0"'3 +lN"#"*/`%"*o +N"&*%"*#*+
#*4%$+*#+,$-'"#+*?"0"'"#+'.$/'#+8%'('#+'*+'.*"*+.*35&"0*+,*+.*,$%+0"N"3+GXppXE+XWIB++
<3$+&'-4=-+,"#0*%,'+#*4%$+'+/$0$##",',$+,$+%$02%#*#+.'%'+0*/,2]"%+'+"/*N'()*B+
V)*+$/0*/&%'/,*+0*%%$3'()*+$/&%$+'+12'/&",',$+,$+%$02%#*#+$+'+N$3*0",',$+$+#20$##*+,'+
&%'/#?*%-'()*[+b*#$/+0*/032"+12$+*+$3$-$/&*+-'"#+"-.*%&'/&$+/'+*%8'/"]'()*+.'%'+'+
&%'/#?*%-'()* + = + * + $3$-$/&* + D2-'/*[ + 12$ + %$&=- + * + 0*/D$0"-$/&* + $ + ' + 0%"'&"N",',$+
/$0$##`%"*#+.'%'+0*/,2]"%+*+.%*0$##*B+P+#$82/,*+?'&*%+$-+"-.*%&u/0"'+#$%"'+*+&$-.*+
,"#.*/5N$3+.'%'+#$+%$'3"]'%+'+&%'/#?*%-'()*+GXppXE+CZC:CZFIB++
CX
@-'+_3&"-'+$+"-.*%&'/&$+0*/#",$%'()*+,$N$+#$%+?$"&'+'+%$#.$"&*+,*+&%'4'3D*+,$+
>&$.D$/+b*#$/E+$3$+/)*+"/,"0'+'&%'N=#+,*+#$2+$#&2,*+2-'+?*%-'+,$+$R.3"0'%+$+,$?"/"%+
"/*N'()*+/'#+*%8'/"]'(^$#+-"3"&'%$#B+<-4*%'+$3$+&$/D'+$/0*/&%',*+.*/&*#+$-+0*-2-+
$/&%$ + #$2# + 0'#*#[ + #'3"$/&' + 12$ + -$#-* + $/&%$ + *# + $#&2,"*#*# + ,' + `%$' + ,$ + H$*%"' + ,'#+
P%8'/"]'(^$#+/)*+#$+0D$8'+'+2-'+0*/032#)*+'+%$#.$"&*+,$+2-'+&$*%"'+,$+"/*N'()*+/'#+
*%8'/"]'(^$# + "/,2#&%"'"# + $ + 0*-$%0"'"#[ + $ + &)* + .*20* + /'# + -"3"&'%$# + GXppXE + F:ZIB + L','+
*%8'/"]'()*+_/"0'+"/*N'+$+#$+&%'/#?*%-'+,$+-'/$"%'# +,"?$%$/&$#[+$-4*%'+'.%$#$/&$-+
#"-"3'%",',$#+#$-[+$/&%$&'/&*[+?*%-'%+2-+.',%)*B++
BZBZB5-STOIS**+,#+$%,
@-'+'4*%,'8$-+,"?$%$/&$+=+.%*.*#&'+.$3*+6*,$3*+L23&2%'3[+.'%'+*+$#&2,*+,'#+
&%'/#?*%-'(^$#+,*2&%"/`%"'#+/'#+*%8'/"]'(^$#+-"3"&'%$#B+P+.%"/0".'3+$#&2,"*#*+,'+3"/D'+
0*/#&%2&"N"#&' + /$#&' + `%$'[ + HD$* + ;B + A'%%$33 + GCWWCE + hI[ + #28$%$ + 12$ + ' + 023&2%' + .*,$ + &$%+
"-.'0&*+#*4%$+'+"/*N'()*+-"3"&'%+,$+&%i#+-'/$"%'#E+.%"-$"%*[+'&%'N=#+,'+l&%'/#?*%-'()*+
.3'/$j','o[+12'/,*+*#+35,$%$#+,'+*%8'/"]'()*+.*,$-+%$,$?"/"%+'+023&2%'+.'%'+,"%$0"*/`:
3*# + a + "/*N'()* + G"/*N'()*IB + >$82/,*[ + 0D*12$# + $R&$%/*# + .*,$- + -*,"?"0'% + ' + 023&2%'+
*%8'/"]'0"*/'3[+$+'##"-+?'0"3"&'%+*+0'-"/D*+.'%'+'+"/*N'()*+G','.&'()*IB+<-+&$%0$"%*[+*+
0*/&'&* + $/&%$ + ,"?$%$/&$# + *%8'/"]'(^$# + -"3"&'%$# + .$%-"&$ + -2,'/('# + /' + 023&2%'+
*%8'/"]'0"*/'3+,$N",*+a+&%*0'+,$+",="'#+$+$R.$%"i/0"'#+G$-23'()*IB
A'%%$33 + $R.3"0' + 12$ + '# + *%8'/"]'(^$# + -"3"&'%$# + &$/,$- + ' + "-"&'%$-:#$ + 2-'# + '#+
*2&%'#+,$+-*,*+'+0*-.$&"%$-+$/&%$+#"B+<##'+,$?"/"()*+=+,','[+#$82/,*+A'%%$33[+.$3*+
-*,$3* + ,* +J*),).-3*,)[ + ,$?$/,",* + .$3* + /$*"/#&"&20"*/'3"#-*B + V* + $/&'/&* + A'%%$33+
'0%$#0$/&'[+0*-*+0%5&"0'+'+$##$+-*,$3*[+12$+'+023&2%'+,'+*%8'/"]'()*+-"3"&'%+-*3,'+*+
.%*0$##* + ,$ + $-23'()*[ + '&%'N=# + ,' + "/?32$/0"' + 12$ + $3' + $R$%0$ + #*4%$ + #$2# + -$-4%*#[+
#28$%"/,*+*+12$+,$N$+#$%+?$"&*B+!$##$+-*,*[+'+023&2%'+.*,$+$/&)*+$R.3"0'%+0*-*+$+.*%+
12$+'+*%8'/"]'()*+-"3"&'%+,$0",$+#2'#+$#&%'&=8"'#+$+?*%-'+#2'+$#&%2&2%'+GXppqE+YXhIB++++
n+0*-+$##$+.$/#'-$/&*+12$+*2&%'+'2&*%'+,'+`%$'+0*/#&%2&"N"#&'[+<3"]'4$&D+g"$%+
GXpppI + .%$&$/,$[ + $- + #$2 + 3"N%* +J,&:3'3': # O&.[ + $R.3"0'% + ' + $#0*3D' + ,*2&%"/`%"' + ,'#+
*%8'/"]'(^$#+-"3"&'%$#+$+#$2#+%$#.$0&"N*#+.'5#$#+'&%'N=#+,'+.$%#.$0&"N'+0*/#&%2&"N"#&'B+
<3'+#$+.%*.x#+'+'/'3"#'%+'+$#0*3D'+,$+,*2&%"/'#+-"3"&'%$#+.$3'#+*%8'/"]'(^$#+-"3"&'%$#+
.$3* + N"=# + 023&2%'3B + 7'%' + $3'[ + '# + *.(^$# + ,$ + ,*2&%"/' + -"3"&'% + /)* + #)* + $#0*3D",'# + .$3'+
*%8'/"]'()*+-"3"&'%+.'%'+'2-$/&'%+#$2#+%$02%#*#+*2+.'%'+?'N*%$0i:3'#+$#&%2&2%'3-$/&$B+
CC
<3'+,$?$/,$+12$+'#+*.(^$#+,*2&%"/`%"'#+#)*+?%2&*+,*+0*/&$R&*+023&2%'3+,*#+.'5#$#+
$-+12$+'#+*%8'/"]'(^$#+$#&)*+"/#$%",'#[+#$/,*+#2'+?*%-23'()*+-$/*#+-*&"N','+.$3'+
#"&2'()*+/*+'-4"$/&$+"/&$%/'0"*/'3B+H'-4=-+$#0%$N$+12$+'+,$0"#)*+0"N"3+#*4%$+'#+*.(^$#+
,*2&%"/`%"'#+,$.$/,$+,'+N"#)*+12$+$#&$#+&i-+#*4%$+*+.'.$3+12$+'#+*%8'/"]'(^$#+-"3"&'%$#+
&i-+/'+.*35&"0'+,*-=#&"0'[+$+,$+12$+$3'+=+,$?"/",'+'&%'N=#+,'+"/&$%'()*+$/&%$+$#&$+.'.$3+
,'#+*%8'/"]'(^$#+-"3"&'%$#+/'+.*35&"0'+,*-=#&"0'+$+'+023&2%'+*%8'/"]'0"*/'3+-"3"&'%B++++
M##"-+#$/,*[+'+'2&*%'+.%*.^$+&'-4=-+12$+#$+,$N$+$/&$/,$%+'#+*%8'/"]'(^$#+
-"3"&'%$# + .$3' + #2' + 023&2%' + *%8'/"]'0"*/'3B + r##* + %$12$% + 'N'3"'% + 0*-* + ' + *%8'/"]'()*+
0*/#&%9"+#$2#+N'3*%$#[+#2'#+0%$/('#[+#$2#+-"&*#+"/#&"&20"*/'"#[+$+0*-*+$3'+.*,$+O+*2+/)*+
O+#$%+0'.']+,$+&%'/#?*%-'%+$#&'#+&%',"(^$#+0'#*+#$j'+/$0$##`%"*m+$+'"/,'+0*-*+'#+%$3'(^$#+
0"N"3:-"3"&'%$#+*.$%'-+$-+%$3'()*+'+$#&'+023&2%'+*%8'/"]'0"*/'3B
M.%$#$/&',*#+*#+'2&*%$#+,$#&$#+-*,$3*#[+?"0'+'+12$#&)*+,$+0*-*+*#+-*,$3*#+
.*,$- + $R.3"0'% + * + .%*0$##* + ,$ + "/*N'()* + .$3' + "/&%*,2()* + ,*# + 0'%%*# + ,$ + 0*-4'&$ + /*+
<R=%0"&*+Q%'#"3$"%*B+
BZU5)TOYbHchS*TSL*-STOISL
+
L*-*+*+.%"/0".'3+*4j$&"N*+,$#&$+&%'4'3D*+=+$/&$/,$%+0*-*+'+*%8'/"]'()*+-"3"&'%+
#$+'.%*.%"'+,'+"/*N'()*+$+,$+0*-*+$3'+'+"/&%*,2]+$-+#$2#+12',%*#[+#$+&*%/'+-'"#+N"`N$3+
0$/&%`:3*+/*+,)("6)#3'+.&?-).4&*+.'%'+$R.3"0'%+*+.%*0$##*[+$+/*+,)("6)#/%6+%.&6+0*-*+
0*-.3$-$/&*B++
P+-*,$3* +3'+.&?-).4&*+ ,$+>&$.D$/+b*#$/+$N",$/0"'+*#+'#.$0&*#+$#&%2&2%'"#+,'#+
"/*N'(^$#+-"3"&'%$#+$-+&$-.*+,$+.'][+'+?*%-'+0*-*+#$+,$2+*+.%*0$##*+,$+"/032#)*+,*+
$3$-$/&*+-$0'/"]',*[+*+-*,*+0*-*+$#&'+"/032#)*+?*"+,"#02&",'+,$/&%*+,'+*%8'/"]'()*+$+
0*-*+$3'+?*"+"-.*#&'+.$3*+#$2+'3&*+0*-'/,*+'+&*,*#+*#+-$-4%*#+,'+$#&%2&2%'B+M&%'N=#+
,$#&$ + -*,$3*[ + = + .*##5N$3 + .$%0$4$% + *# + ,$#&"/*# + ,',*# + '*# + -"3"&'%$# + 12$ + $#0*3D$%'-+
$#&2,'%+'+"/*N'()*+$+#'4$%+#$+D*2N$+.'%'+$3$#+*+l0'-"/D*+,$+.%*-*()*o+12$[+#$82/,*+
b*#$/[+0*/#*3",'+'+"/*N'()*B+
V* + 0'#* + ,* + <R=%0"&*[ + 2- + ,*# + .%*43$-'# + $/?%$/&',*# + .$3' + *%8'/"]'()* + /'+
.%"-$"%'+-$&',$+,*+#=023*+vv+?*"+j2#&'-$/&$+*+,$+*%8'/"]'%+'+0',$"'+,$+.%*-*(^$#+,*#+
*?"0"'"#[+12$+$%'+"/?32$/0"','+.$3*+.*,$%+.*35&"0*+0*-*+?*%-'+,$+8'%'/&"%+0*/&%*3$+#*4%$+
*#+-"3"&'%$#B+P+0*/&%*3$+,*+'3&*+0*-'/,*+#*4%$+'#+.%*-*(^$#+,$+#$2#+#24*%,"/',*#+.*,$+
#$%N"%+.'%'+N$&'%+*2+'.%*N'%+.%*.*#&'#+,$+&%'/#?*%-'()*+/'+*%8'/"]'()*+-"3"&'%B
CF
M"/,'+$-+%$3'()*+a#+.%*-*(^$#[+.*,$:#$+'/'3"#'%[+'&%'N=#+,*+-*,$3*+,$+b*#$/[+
#$+*+0*/&'&*+,$+*?"0"'"#+0*-+*+$3$-$/&*+43"/,',*+?*"+,"?$%$/0"'3+/'+'#0$/#)*+,'+0'%%$"%'+
,$3$#[+$+#$+'+3",$%'/('+*%8'/"]'0"*/'3+?*"+$?"0"$/&$+$-+.%*&$8$%+'12$3$#+12$+0*/,2]"%'-+
'+&%'/#?*%-'()*+.'%'+12$+$#&'+#$+0*-.3$&'##$B+H'3+0*-.%*N'()*+.*,$+$N",$/0"'%+#$+'+
&%'/#?*%-'()* + #$ + ,$2 + ,$/&%* + ,' + *%8'/"]'()*[ + *2 + #$ + ?*" + '.$/'# + 2- + .%*0$##*+
$R.$%"-$/&'3B
L*-+%$3'()*+'*#+%$02%#*#[+12$+?*%'-+$#0'##*#+/'+*%8'/"]'()*+-"3"&'%+4%'#"3$"%'+
,'+.%"-$"%'+-$&',$+,*+#=023*+vv[+"/032":#$+/'+.%$-"##'+,$+b*#$/+,$+12$+'+"/*N'()*+
/)*+$#&`+,"%$&'-$/&$+%$3'0"*/','+a+12'/&",',$+,$+%$02%#*#B+<+$-+%$3'()*+'*+cF&C".3/Pd[+
.%$&$/,$:#$+0*%%*4*%'%+'+.%$-"##' +,$+b*#$/+,$+12$+'+"/*N'()*U&%'/#?*%-'()*+/)*+=+
",$'3"]','+$+0*/,2]",'+.*%+'.$/'#+2-+*?"0"'3[+$-+,$#'?"*+'*+%$#&'/&$+,'+*%8'/"]'()*[+
-'#+#"-+,$+12$+$##$+*?"0"'3+$#&`+"/#$%",*+/'+$#&%2&2%'+,'+*%8'/"]'()*[+%$'3"]'/,*+#2'+
&'%$?'+0*-+*+'N'3+,$+#$2#+#2.$%"*%$#B
!* +,)("6) # /%6+%.&6+ /*# + '.%*.%"'-*#[ + /$#&$ + &%'4'3D*[ + ,* + 0*/0$"&* + ,$ + 023&2%'+
*%8'/"]'0"*/'3[+ .'%'+42#0'%+%$0*/#&%2"%+*+'-4"$/&$+12$+.%*."0"*2+*+$#&2,*+$+.%*,2()*+
,*2&%"/`%"' +/$0$##`%"*# +a+"/*N'()*+-"3"&'%B +L*-* +/%6+%.&#).:&'31&/3)'&6[+#$82$:#$+'+
,$?"/"()* + ,',' + .*% + g"$%[ + ,$ + l.%$-"##'# + 4`#"0'#[ + /*%-'#[ + N'3*%$#[ + 0%$/('# + $+
0*/D$0"-$/&*+?*%-'3+12$+-*3,'+*+$/&$/,"-$/&*+,$+,$&$%-"/','+0*3$&"N",',$o+Gg"$%[+
XpppE+CqIB+!$/&%*+,'+*%8'/"]'()*+$#&2,','[+'+/*N'+&$0/*3*8"'+,*#+0'%%*#+,$+0*-4'&$+
.%*N*0*2 + 2- + ,$4'&$ + $/&%$ + 8%2.*# + $- + &*%/* + ,' + ?2/()* + 12$ + $3' + $R$%0$%"'+
*.$%'0"*/'3-$/&$B+
<#&$+,$4'&$+/$-+#$-.%$+=+#9+.'2&',*+.*%+,"#.2&'#+,$+.*,$%+$+%$02%#*#+,$/&%*+,'+
*%8'/"]'()*[+-'#+&'-4=-+.*%+-$R$%+0*-+'#+&%',"(^$#+,$#&$#+8%2.*#[+12$+Ni$-+#$2#+
N'3*%$#+'-$'(',*#+.$3'+l/*N'+&$*%"'+,'+N"&*%"'oB+>$/,*+'##"-[+2&"3"]':#$+'12"+*+-*,$3*+
023&2%'3+0*-*+?*%-'+,$+0*-.3$-$/&*+$R.3"0'&"N*+'*+-*,$3*+"/&%':?*%('#B++
L*- + $3$ + #$%` + .*##5N$3 + '/'3"#'% + '# + ,"#02##^$# + $/&%$ + '# + '%-'# + ,* + <R=%0"&*+
Q%'#"3$"%*+'+%$#.$"&*+,'+"/0*%.*%'()*+,*#+0'%%*#+,$+0*-4'&$B+M+/*N'+'%-'+0'2#*2[+&'/&*+
/* + $R=%0"&* + 4%'#"3$"%* + 12'/&* + $- + *2&%*# + $R=%0"&*#[ + 2- + `%,2* + ,$4'&$ + '0$%0' + ,$ + #2'+
2&"3"]'()*[ + .%"/0".'3-$/&$ + .*% + 0*/#",$%'%:#$ + 12$ + ' + -$0'/"]'()* + ,*# + $R=%0"&*#+
#24#&"&2"%"'+*+&%'/#.*%&$+D".*-9N$3+O+*#+0'N'3*# +O+$+0*/#$1y$/&$-$/&$ +'+&%',"0"*/'3+
'%-' +,$+0'N'3'%"'B +M+,"#02##)*+$-+&*%/*+,$##'+.*##"4"3",',$+/)*+$/N*3N"' +'.$/'#+*+
.*,$%+#*4%$+'#+.%*-*(^$#+,*#+0'N'3'%"'/*#[+-'#+&'-4=-+'+023&2%'+,$+#2'+'%-'B+
L*-* + HD$* + A'%%$33 + #28$%"2 + GCWWCE + hI[ + ' + 023&2%' + &'-4=- + .*,$ + "-.'0&'% + '+
&%'/#?*%-'()* + ,*2&%"/`%"' + '&%'N=# + ,' + &%*0' + ,$ + "/?*%-'(^$# + $ + $R.$%"i/0"'# + $/&%$+
CY
,"?$%$/&$#+*%8'/"]'(^$#+-"3"&'%$#B+M+"/?32i/0"'+"/&$3$0&2'3+$R$%0",'+.$3'+6"##)*+6"3"&'%+
,$ + r/#&%2()* + A%'/0$#' + /* + <R=%0"&* + Q%'#"3$"%*[ + */,$ + '&2*2 + .*% + 12'#$ + N"/&$ + '/*#[ + #$+
',=12' + ' + $#&' + #"&2'()* + $ + #$%` + 'N'3"','B + <#&$ + .%*0$##*[ + 0*/D$0",* + 0*-* + $-23'()*[+
0*/#"#&$ + /' + '##"-"3'()* + .*% + 2-' + *%8'/"]'()* + ,$ + 2-' + "/*N'()* + %$'3"]',' + .*% + *2&%'[+
"-"&'/,*+*+.%*0$##*+%$'3"]',*B+
M#+*%8'/"]'(^$#+-"3"&'%$#+12$+%$'3"]'-+&%'/#?*%-'()*+.*%+$-23'()*+&$/,$-+'+
"-"&'%+*%8'/"]'(^$#+0*-+'#+12'"#+$3'#+-'"#+#$+",$/&"?"12$-B+6'#+$#&'+",$/&"?"0'()*+/)*+
=+ /$0$##'%"'-$/&$ +%$3'0"*/',' + '*+'#.$0&* + *.$%'0"*/'3 + *2+&$0/*398"0*B +7*,$+ &'-4=-+
$#&'%+ %$3'0"*/',' +a+ "-'8$- + 12$+ '+*%8'/"]'()* + 12$+$-23' + ,$#$j' +&%'/#-"&"% +#*4%$+ #"+
GA'%%$33[+CWWCE+CkFIB+V*+0'#*+,*+<R=%0"&*+Q%'#"3$"%*+$-+%$3'()*+a+6"##)*+A%'/0$#'[+#$%"'+
'+42#0'+.$3'+-*,$%/"]'()*+%$'3"]','+/'+.%"-$"%'+-$&',$+,*+#=023*+vvB+++
>$%`+2&"3"]',*+*+0*/0$"&*+,$+$-23'()*+'.$/'#+.'%'+,"?$%$/0"'%+*#+.%*0$##*#+,$+
&%'/#?*%-'()* +*0*%%",*# +$- +*%8'/"]'(^$# +-"3"&'%$#B +V*+0'#*+,$##$ +&%'4'3D*[ +$-4*%'+
-2"&'# +N$]$# +#2%j'+*+&$%-* +3')C&4B)[+.$,$:#$+12$+$##$+#$j'+$/&$/,",*+'.$/'#+0*-*+
+.&'*-).,&4B)B+++++
CZ
U5)*-/./-%2)"#<)67/*"/*%=.%&#/&
z2'/,* + "/"0"',' + $- + XpXY + ' + 7%"-$"%' + ;2$%%' + 62/,"'3 + '.'%$/&'N' + #$%[ + .'%'+
'12$3$#+12$+&*-'%"'-+.'%&$+/*+0*/?3"&*[+2-'+0'-.'/D'+%`.",'[+*/,$+&*,*#+$#&'%"'-+,$+
N*3&'+a#+#2'#+0'#'#+'&=+*+V'&'3B+M*+?"/'3+,*+.%"-$"%*+'/*[+/*+$/&'/&*[+$##$+#$/&"-$/&*+#$+
$#N'5%'B+P#+0'-.*#+,$+4'&'3D'+$+'+82$%%'+,$+&%"/0D$"%'#+j`+D'N"'-+'/"12"3',*+/)*+'.$/'#+
'#+"32#^$#+,$+2-'+82$%%'+?`0"3+.'%'+'-4*#+*#+3',*#[+-'#+&'-4=-+'#+N",'#+,$+-"3D'%$#+,$+
#*3,',*#+/'+3"/D'+,$+?%$/&$B+
P#+$R=%0"&*#+,*#+.'5#$#h+ 12$+#$+0*/?%*/&'%"'-+'+.'%&"%+,$+XpXY+$%'-+?*%-',*#+
.$3* + .%*0$##* + ,$ + 0*/#0%"()* + ,$ + #$2# + 0",',)*#[ + 12$ + &%$"/'N'- + .*% + 2- + ,$&$%-"/',*+
.$%5*,*+G,$+2-+'+,*"#+'/*#I+'*+'&"/8"%+*#+Xq+'/*#B+<##$+#"#&$-'+,$+%$0%2&'-$/&*+$%'+
?%2&*+,* +R"CA" #"'#F&**"[+*+%$0%2&'-$/&* +0*-.23#9%"* +#2%8",*+,2%'/&$ +'+b$N*32()*+
A%'/0$#'+GXkpFI+.'%'+,$?$/,i:3'[+12$+?*"+.*##5N$3+8%'('#+'+-$3D*%"'#+/'+',-"/"#&%'()*+
42%*0%`&"0' + ,*# + <#&',*# + $ + '* + #$/&"-$/&* + /'0"*/'3"#&' + 0%$#0$/&$ + /*# + .'5#$# + $2%*.$2#+
,2%'/&$+*+#=023*+vrvB+L*-+"#&*[+#$+&*%/*2+.*##5N$3+?*%-'%+8%'/,$+/_-$%*+,$+#*3,',*#[+
'2-$/&'/,*+'+12'/&",',$+,$+?*%('#+?*%-','#+.'%'+2-+0*/?3"&*+GA%$/0D[+CWWZE+kZIB++
M+%$N*32()*+"/,2#&%"'3+.*##"4"3"&*2+,$#3*0'%+$+-'/&$%+$#&$#+8%'/,$#+0*/&"/8$/&$#+
-"3"&'%$#B +P+2#*+,$+&%'/#.*%&$+?$%%*N"`%"*+.'%'+0*/0$/&%'% +%'.",'-$/&$+'#+&%*.'#+$+*+
,$#$/N*3N"-$/&*+$+.%*,2()*+,$+'3"-$/&*#+$-+0*/#$%N'+'2R"3"'%'-+'+-'/2&$/()*+,*#+
0*/&"/8$/&$# +.*% +-'"*%$# +.$%5*,*# +$- + 0'-.'/D' +Ge*/$#[+ XpqkE +FpZm +L%$N$3,[ +CWWZE+
CXZIB + P + &$3=8%'?*[ + $ + .*#&$%"*%-$/&$ + * + %`,"*[ + ?'0"3"&'%'- + * + 0*-'/,*[ + 0*/&%*3$ + $+
0*-2/"0'()*+,'#+&%*.'#+$-+-'%0D'B+<-+%$3'()*+'*+'%-'-$/&*[+*+.*,$%+,$+?*8*+$+'+
.%$0"#)* + ,'# + '%-'#[ + &'/&* + "/,"N",2'"# + 0*-* + ,$ + '%&"3D'%"'[ + '2-$/&'%'-+
0*/#",$%'N$3-$/&$[+#$+'#+0*-.'%'%-*#+0*-+'#+82$%%'#+/'.*3$x/"0'#+GXqXZI+$+'#+82$%%'#+
,$+2/"?"0'()*+,'+7%_##"'+GXqkWI+k[+12$+0*-$(*2+'+2&"3"]'%+'+'%&"3D'%"'+$-+8%'/,$+$#0'3'B+
P + .*,$% + ,$#&%2&"N* + ,$#&'# + '%-'# + #$%"' + '"/,' + -'"*% + $- + XpXY + G62%%'f[ + CWWZ[ + CZWm+
L%$N$3,[+CWWZE+CXkm+e*/$#[+XpqkE+FpWm+YCWIB++++
P#+0*/?3"&*#+*0*%%",*#+/'+<2%*.'+$/&%$+Xqhh+$+XqkW+12$+%$#23&'%'-+/'+?*%-'()*+
,'+M3$-'/D'+j`+D'N"'-+,$-*/#&%',*+'+-'"*%+.'%&$+,$#&'#+-2,'/('#+/'#+0'-.'/D'#+
h
+M#+0*'3"]^$#+12$+#$+$/?%$/&'%'-+"/"0"'3-$/&$+/'+r+;2$%%'+62/,"'3+$%'-+'#+#$82"/&$#E+M+H%5.3"0$+
M3"'/('[+?*%-','+.*%+M3$-'/D'+$+r-.=%"*+M2#&%*:\_/8'%*m+$+'+H%5.3"0$+</&$/&$[+0*-.*#&'+.*%+A%'/('[+
b_##"'+$+r/83'&$%%'B+
k
+M+;2$%%'+,'+L%"-="'[+*0*%%",'+$/&%$+$#&'#+,2'#+GXqZY:XqZhI[+=+0*/#",$%','+2-+,*#+.%"-$"%*#+0*/?3"&*#+
,'+<%'+r/,2#&%"'3[+2&"3"]'/,*+$12".'-$/&*#+-*,$%/*#+,$#&'+<%'+G%"?3$#[+/'N"*#+43"/,',*#[+'%&"3D'%"'+,$+&"%*+
"/,"%$&*[+&$3=8%'?*I[+'3=-+,$+#$%+*+.%"-$"%*+0*/?3"&*+0*-+0*4$%&2%'+,'+"-.%$/#'+"/&$%/'0"*/'3B++K$%E+
\*4#4's-[+XpphE+XXYB+<E+7'%t$%[+CWWZE+CCXB
Ch
-"3"&'%$#[ + 2#','# + ,$ + -*,* + 4$- + #20$,",* + .$3* + $R=%0"&* + .%2##"'/* + 0*/&%' + * + r-.=%"*+
M2#&%*:\_/8'%*+GXqhhI+$+0*/&%'+'+A%'/('+GXqkWIB+V*#+$#&2,*#+?$"&*#+.$3*#+-"3"&'%$#+
.*#&$%"*%$# +a+,$%%*&'+?%'/0$#'[+0D$8*2:#$+a+0*/032#)*+,$+12$+'#+N"&9%"'# +,*+$R=%0"&*+
.%2##"'/*+?*%'-+8%'('#+a#+#2'#+-'/*4%'#+*?$/#"N'#[+,$N",'#+.%"/0".'3-$/&$+a+%`.",'+
0*/N*0'()*+$+,$#3*0'-$/&*+.*%+?$%%*N"'+,$+2-'+8%'/,$+12'/&",',$+,$+&%*.'#[+?*%-','#+
,$+0",',)*#+12$+D'N"'-+.'##',*+.*%+2-+$?"0"$/&$+#"#&$-'+,$+0*/#0%"()*+GA%$/0D[+CWWZE+
qCB+e*/$#[+XpqkE+YCCIB++++
7'%'+?'0"3"&'%+*+%$0%2&'-$/&*+/'+#*0"$,',$[+*#+$R=%0"&*# +$2%*.$2#+%$0*%%"'-+a+
?*%-'()*+,$+2-'+",$/&",',$+12$+-*#&%'##$+'*#+0",',)*#+,*+.'5#+N'/&'8$/#+/*+#$%N"(*+
-"3"&'%E + &%',"(^$# + '/&"8'# + ,$ + ,$&$%-"/','# + 2/",',$# + $ + %$8"-$/&*# + G.*% + $R$-.3*[ + *#+
%$8"-$/&*# +S)%*"S)6(+ 4%"&u/"0*# + 12$ + 82'%,'- + ' + %$'3$]'[ + *2 + ' + ;2'%,' + r-.$%"'3+
7%2##"'/' + 0*- + #$2# + 2/"?*%-$# + /$8%*#I[ + N'3*%$# + N"%&2*#*# + G0*-* + * +T6&'+ ,* + #*3,',*+
?%'/0i#I[+'+?*%-'()*+?5#"0'+.%*.*%0"*/','+.$3*+&%$"/'-$/&*[+'+,"#0".3"/'+,'+0'#$%/'B+M+
023&2%' + -"3"&'% + #$+ &*%/*2 + *4j$&* + ,$+ .%*.'8'/,' + .'%' + '+ "/#&"&2"()* + ,*+ #$%N"(* + -"3"&'%+
*4%"8'&9%"*+G\*4#4's/[+XpphE+XCZB+A%$/0D[+CWWZE+qYB+g$$8'/[+XppZE+FkWIB
</N$%8'%+2-+2/"?*%-$+0*4$%&*+,$+0*%$#[+$-43$-'#+$+,"#&"/&"N*#[+12$+.*,$%"'-+
-'%0'%+*+#&'&2#+#*0"'3+,*+"/,"N5,2*[+.'##'N'+'+#$%+4$-+N"#&*+.$3'+#*0"$,',$+$2%*.="'[+
0D$8'/,* +'+ #$%+0*/#",$%',' + 2-' + 8%'N$+ ,$#*/%'+' +,$0"#)* +,$ +/)*+ #$%N"%+ a+.`&%"'B +M+
*?"0"'3",',$+$%'+0*-.'%','+'*#+/*4%$#+0'N'3$"%*#[+.*##2"/,*+.%"N"3=8"*#+#*0"'"#+12$+*#+
,$#&'0'N'-qB+M+03'##$+4'"R'[+12$+0*-.2/D'+'#+.%'('#[+&'-4=-+%$0$4"'+,'+#*0"$,',$+2-+
&%'&'-$/&*+,"?$%$/0"',*+12'/,*+$/N$%8'N'+*+2/"?*%-$+G\*4#4's/[+XppqE+YCWB+\*3-$#[+
CWWZE+CCkIB+++++
P+-*,*+%`.",*+0*-*+*#+0*/?3"&*#+?*%'-+%$#*3N",*#+/*+#*3*+$2%*.$2+/*+#=023*+
vrv+'0'4*2+.*%+"32,"%+*#+0*-'/,'/&$#+-"3"&'%$#+,$#&$+0*/&"/$/&$+,$+12$+'+N"&9%"'+/'#+
82$%%'#+#$82"/&$#+.'##'%"'+'+,$.$/,$%+,$+2-+$3$N',*+$#.5%"&*+*?$/#"N*E+'+'8"3",',$+0*-+
12$+'#+&%*.'#+#$%"'-+0*/N*0','#+$+$/N"','#+.'%'+?%$/&$+,$+4'&'3D'[+'+0'.'0",',$+,$+
'2-$/&'%+$#&'#+&%*.'#+0*-+-'"#+#*3,',*#+&%$"/',*#+$/&%$+'+.*.23'()*[+*+/5N$3+,*+-*%'3+
,'#+&%*.'#[+$/&%$+*2&%*#+?'&*%$#[+?*%'-+3$N',*#+$-+0*/#",$%'()*+/*+.%$.'%*+,*#+$R=%0"&*#+
$2%*.$2#+$/&%$+*+?"-+,*+#=023*B+vrv+$+"/50"*+,*+#=023*+vvpB
q
+V*&':#$+12$+'382/#+$R=%0"&*#+$2%*.$2#+'"/,'+N$&'N'-+'+$/&%','+,$+c.3$4$2#d+/'#+'0',$-"'#+-"3"&'%$#B+M+
M3$-'/D'[+.*%+$R$-.3*[+#9+'4%"2+'#+'0',$-"'#+'+?"3D*#+,'+03'##$+-=,"'+/*+?"-+,*+#=023*+vrv[+12'/,*+*+
&'-'/D*+,$+#$2+$R=%0"&*+'2-$/&*2+$+/$0$##"&*2+,$+-'"#+*?"0"'"#+,*+12$+'+03'##$+/*4%$+.*,$%"'+*?$%$0$%B+
<R'-"/'/,*+*#+*?"0"'"#+8$/$%'"#+'3$-)$#+/'+r+;2$%%'[+.$%0$4$:#$+12$+-2"&*#+&"/D'-+*%"8$-+'%"#&*0%`&"0'B+
p
+<-+%$3'()*+'*+-*%'3+,'#+&%*.'#[+*+/'0"*/'3"#-*+$R'8$%',*+,'+=.*0'+'4%"'+$#.'(*+"/032#"N$+.'%'+&$*%"'#+
%'0"#&'#[+/*+"/&2"&*+,$+$R.3"0'%+*+=3'/+,*+#*3,',*+?%'/0i#+*2+'+,$#&%$]'+-"3"&'%+,*#+'3$-)$#B++
Ck
P+?'&*+,$+'#+'%-'#+&$%$-+#2'+0'.'0",',$+3$&'3+'2-$/&','+?*"+&*-',*+0*-*+2-+
?'&*%+#$02/,`%"*[+$-4*%'+$-+*2&%*#+3*0'"#+,*+-2/,*[+/*+-$#-*+.$%5*,*+*2+'"/,'+.*20*+
'/&$#+,$+XpXY[+#$+D*2N$##$+,$-*/#&%',*+12$+'#+*.$%'(^$#+*?$/#"N'#+#*?%$%"'-+2-+'3&*+
/5N$3+,$+4'"R'#+,$N",*+a+#2.%$-'0"'+,'+,$?$#'+#*4%$+*+'&'12$[+'"/,'+-'"#+#$+'#+,$?$#'#+
$#&"N$##$-+.%$.'%','#+0*-+&%"/0D$"%'#+$+'.*"*+,$+'%&"3D'%"'B+M+;2$%%'+,$+>$0$##)*[+/*#+
<#&',*#+@/",*#+G$-+-$/*%+$#0'3'I[+'+;2$%%'+,*#+Qx$%$#+$+'+;2$%%'+b2##*:e'.*/$#'+
,$-*/#&%'%'-+$##'+#2.%$-'0"'+,'+,$?$#'+0*-+'#+/*N'#+'%-'#+$-+2#*+.$3*#+$2%*.$2#XWB
M+023&2%'+-"3"&'%+/'+#*0"$,',$+$2%*.="'+?*%-*2+*?"0"'"#+-'"#+.%$*02.',*#+0*-+
#2'+.*#"()*+#*0"'3+,*+12$+0*-+'+.%*?"##)*+$-+#"B+P+%$#23&',*+,$#&'+'&"&2,$+?*%'-+*?"0"'"#+
,$#.%$.'%',*# + .'%' + .$/#'% + ' + 82$%%' + ,$ + -'/$"%' + &=0/"0'[ + "/0'.']$# + ,$ + .%$N$% + 12$ + *+
,$#$/N*3N"-$/&*+,*#+'%-'-$/&*#+-2,'%"'+'+?*%-'+0*-*+$3$#+$%'-+&%$"/',*#+.'%'+*+
0*-4'&$[+0*-*+,$-*/#&%*2+e*D/+<33"#+'*+$R'-"/'%+'+"/&%*,2()*+,'+-$&%'3D',*%'+/*#+
$R=%0"&*#+$2%*.$2#+G<33"#[+XpkhE+YkIB+
V*+$/&'/&*[+*+-$,* +,'+03'##$+,$+*?"0"'"# +,$+.$%,$%+#$2+#&'&2# +#*0"'3+/)*+?*"+
-*&"N*+.'%'+$N"&'%+12$+#$2#+8*N$%/*#+"/N$#&"##$-+%$02%#*#+$-+/*N'#+'%-'#B+{+-$,",'+
12$+*+'%-'-$/&* +"'+#$/,*+,$#$/N*3N",* +$+'.$%?$"(*',*[ +'# +"/#&"&2"(^$# +-"3"&'%$# +*#+
$/0*-$/,'N'-[+,$+-*,*+'+/)*+0*%%$%+*+%"#0*+,$+12$+#$2+',N$%#`%"*+&"N$##$[+$-+2-+
.*##5N$3 + 0*/?%*/&*[ + 2-' + '%-' + 12$ + $3$ + /)* + &"/D'[ + *%"8"/'/,* + 2-' + 0*%%",' + .*%+
'%-'-$/&*#+$/&%$+*#+.'5#$#+$2%*.$2#+Ge*/$#[+XpqkE+YYpB+L%$N$3,[+CWWZE+CXhBIB+
M+0*%%",'+'%-'-$/&"#&'+*0*%%",'+'/&$#+,'+r+;2$%%'+62/,"'3+#$%N"2+.'%'+'%-'%+*#+
$R=%0"&*#+$2%*.$2#+0*-+-$&%'3D',*%'#+$+0'/D^$#+,$+3*/8*+'30'/0$+$+&"%*+%`.",*[+0*-+
0',' + $R=%0"&* + 0*-.%'/,* + -'"# + '%-'# + .'%' + 42#0'% + #2.$%'% + * + *.*/$/&$ + -'"# + $-+
12'/&",',$+,*+12$+$-+12'3",',$+G62%%'f[+CWWZE+ChqIB+P+'2-$/&*+,*+.*,$%+,$+?*8*+/)*+
#$%N"2+.'%'+-*,"?"0'%+'#+,*2&%"/'#+&`&"0'#+$-.%$8','#[+12$+0*/&"/2'N'-+4'#"0'-$/&$+'#+
-$#-'#+,'#+82$%%'#+'/&$%"*%$#+G62%%'f[+CWWZE+CZXB+6$##$/8$%[+XpkqE+pB+\*s'%,[+CWWXE+
kZIB
P+"/50"*+,*+0*/?3"&*[+$/&)*[+N"2+?*%-'(^$#+0$%%','#+,$+0$/&$/'#+$+'&=+-"3D'%$#+,$+
#*3,',*#+'N'/('/,*+$-+0'-.*+'4$%&*+0*/&%'+#$2#+*.*/$/&$#B+L*/?*%-$+*+5-.$&*+"/"0"'3+
,*# + '&'0'/&$# + '%%$?$0"' + ,$N",* + a# + 4'"R'# + .%*N*0','# + .$3*# + ,$?$/#*%$#[ + *# + #*3,',*#+
42#0'N'-+.%*&$()*+.'%'+'#+4'3'#+$+8%'/','#+,'#+'%-'#+,*+"/"-"8*+0'N'/,*+42%'0*#+/*+
#*3*+.'%'+#$+'4%"8'%B+</&%"/0D$"%',*#[+*#+,$?$/#*%$#+'0'4'N'-+.*%+*4%"8'%+*+*.*/$/&$+'+
'N'/('%+0*/&%'+$3$+,*+-*,*+12$+?*"+G$%%*/$'-$/&$[+0*-*+-*#&%'%'-+*#+%$#23&',*#+,*#+
XW
+!$#&$#+$R$-.3*#[+*+12$+-$3D*%+#$+$/12',%'+$-+%$3'()*+'*#+0'-.*#+,$+4'&'3D'+,'+r+;2$%%'+=+'+;2$%%'+
b2##*:e'.*/$#'+G62%%'f[+CWWZE+CZpB+7*%0D[+CWWZE+pYB+e*/$#[+XpqkE+YXpB+\*s'%,[+CWWXE+hhIB
Cq
0*/?%*/&*#I+&%$"/',*[+$R.*#&*+a#+'%-'#+,*+"/"-"8*+12$[+.*%+#2'+N$][+?"0'N'-+?*%'+,*+
'30'/0$+,'#+'%-'#+,*+'&'0'/&$B+M+#2.%$-'0"'+,'+,$?$#'+#*4%$+*+'&'12$+?$]+0*-+12$+
'-4*#+*#+3',*#+*.&'##$-+.*%+0'N'%+&%"/0D$"%'#+.'%'+#$+.%*&$8$%+,'+'%&"3D'%"'+$+,*+?*8*+
,'#+-$&%'3D',*%'#B
L*-+#$2#+#*3,',*#+$/&%"/0D$"%',*#+$+#$-+*2&%'#+*.(^$#+&`&"0'#+a+,"#.*#"()*+,*#+
0*-'/,'/&$#+'+/)*+#$%+*+'&'12$+?%*/&'3[+*#+$R=%0"&*#+$2%*.$2#+,$+XpXY+.'##'%'-+'+2-'+
82$%%' + ,$ + '&%"&*[ + "-*4"3"]','[ + */,$ + *+ *4j$&"N* + $%' + ,$#8'#&'% + '* + -`R"-* + *+ *.*/$/&$+
0'2#'/,*:3D$+8%'/,$+/_-$%*+,$+4'"R'#B+P+.%*43$-'+,$##$+*4j$&"N*+$%'+12$+*+02#&*+,$+
N",'#+'0'4'N'+'3&*+.'%'+&*,*#+*#+$/N*3N",*#B+
P+0'-.*+,$+4'&'3D'+.'##*2+'+#$%+0*-.*#&*[+,$+'-4*#+*#+3',*#[+.*%+.%*?2/,'#+
&%"/0D$"%'#[ + 0$%0','# + ,$ + '%'-$ + ?'%.',* + $ + 0*- + .*/&*# + ?*%&$# + 82'%/$0",*# + .*%+
-$&%'3D',*%'#[+0*-+'.*"*+,$+'%&"3D'%"'+.*#"0"*/','+2-+.*20*+'&%`#B+</&%$+*#+,*"#+3',*#+
?"0'N'+'+l&$%%'+,$+/"/82=-o[+2-+&$%%$/*+0*/#&'/&$-$/&$+%$N*3N",*+.$3*#+,"#.'%*#+,'+
'%&"3D'%"'[+,$+,"?50"3+-*N"-$/&'()*[+-'#+12$+$%'+.'##'8$-+*4%"8'&9%"'+.'%'+*+3',*+12$+
,$0","##$+'&'0'%+Ge*/$#[+XpqkE+YZhB+L%$N$3,[+CWWZE+CXqB+6$##$/8$%[+XpkqE+CqIB+
<#&$ + $%' + * + 0$/`%"* + ,' + 82$%%' + ,$ + '&%"&*[ + 12$ + '0'4*2 + #$ + ?*%-'/,* + '* + ?"/'3 + ,'+
lL*%%",'+.'%'+*+-'%o[ +0*-* +?"0*2+0*/D$0",' +'+&$/&'&"N' +,*#+$R=%0"&*# +,$+'-4*# +*#+
3',*#[+'3$-)*+*2+'3"',*[+,$+&$/&'%+?3'/12$'%+*+*2&%*[+'.9#+'+Q'&'3D'+,*+6'%/$ XX[+$-+
XpXYB+V*+?"-[+0*-*+/$/D2-+$R=%0"&*+0*/#$82"2+?3'/12$'%+*+*2&%*[+'+?%$/&$+,$+4'&'3D'+#$+
$#&'4"3"]*2[ + 0*- + '# + 3"/D'# + ,$ + &%"/0D$"%' + .%'&"0'-$/&$ + #$ + $#&$/,$/,* + ,* + L'/'3 + ,'+
6'/0D'[+$/&%$+'+Q=38"0'+$+'+A%'/('[+'&=+'+?%*/&$"%'+0*-+'+>25('[+'*+#23B
<##$+#"#&$-'+,$?$/#"N*+&*%/*2+*4#*3$&'#+'#+,*2&%"/'#+&`&"0'#+N"8$/&$#+G0*-*+*#+
&"%*#+,"%$&*#+,'+'%&"3D'%"'+*2+*+'N'/(*+,'#+&%*.'#+$-+-'##'+0*-.'0&'I[+#$/,*+/$0$##`%"'+
'+42#0'+.*%+-$"*#+,$+%*-.$%+*+"-.'##$+&`&"0*+?*%-',*B+</&)*[+/*+,$0*%%$%+,*+0*/?3"&*[+
*# + 4$3"8$%'/&$# + .'##'%'- + ' + .$/#'% + $- + '3&$%/'&"N'# + .'%' + $N"&'% + ' + 82$%%' + ,$ + '&%"&* + $+
%$02.$%'%+'+0'.'0",',$+,$+?']$%+#2'#+?*%('#+-'/*4%'%$-+/*N'-$/&$+Ge*/$#[+XpqkE+YhFB+
Q*2%/$[+CWWZE+XFFB+6$##$/8$%[+XpkqE+XXYIB+
V*+3',*+'3$-)*[+%$0*%%$2:#$+'+-2,'/('#+/'+,*2&%"/'+&`&"0'+12$+.$%-"&"##$-+a+
"/?'/&'%"' + '&'0'/&$ + #$ + "/?"3&%'% + 0*- + #20$##* + /'# + &%"/0D$"%'# + "/"-"8'#[ + 0*- + '.*"* + ,'+
'%&"3D'%"' +O+'+?*%-'()* +,'# +2/",',$# +!+))*+.%22"'[+*2+l"/?'/&'%"' +,$+'##'3&*oB+<#&'#+
-2,'/('#+$%'-+4'#$','#+/'+?*%-'()*+,$+.$12$/'#+2/",',$#+,$+0*-4'&$+,$+"/?'/&'%"'+
0*-+'.*"*+,$+/*N'#+'%-'#+"/,"N",2'"#m+*+2#*+-'"#+$?$&"N*+,*+'.*"*+,$+*2&%'#+'%-'#[+
XX
+M+Q'&'3D'+,*+6'%/$[+'+.%"-$"%'[+*0*%%$2+$/&%$+Z+$+XC+,$+#$&$-4%*+,$+XpXYB+M+4'&'3D'+&$%-"/*2+0*-+*+
43*12$"*+,*+'N'/(*+'3$-)*+$-+,"%$()*+'+7'%"#+$+"/"0"'/,*+*+"-.'##$+*.$%'0"*/'3+12$+,2%'%"'+'&=+XpXqB+
Cp
0*-* + ' + '%&"3D'%"' + $ + 'N"'()*m + $ + ' + ,$#0$/&%'3"]'()* + ,* + 0*-'/,* + .'%' + .$%-"&"% + -'"#+
?3$R"4"3",',$ + '* + 8%2.* + '&'0'/&$ + /' + &*-',' + ,$ + ,$0"#^$# + 12'/,* + /$0$##`%"*B + A*" + 2-+
.%*0$##*+0**%,$/',*+.$3*+M3&*+L*-'/,*+,*+<R=%0"&*+'3$-)*[+12$+N"#*2+'3&$%'%+&*,'+'+
$#&%2&2%'+,'+"/?'/&'%"'[+02#&'/,*+&$-.*+.'%'+*+&%$"/*+,$+*?"0"'"#+$+#'%8$/&*#+/'+/*N'+
,*2&%"/'+&`&"0'+Ge*/$#[+XpqkE+YkCB+6$##$/8$%[+XpkqE+XXYB+Q*2%/$[+CWWZE+XFYIB++
P#+Q%"&u/"0*#+$+A%'/0$#$#[+#$82"/,*+'+",="'+,'+l82$%%'+,$+-'&$%"'3o[+42#0'%'-+
2-' + #*32()* + &$0/*398"0'[ + ,$#$/N*3N$/,* + .$#',*# + N$5023*# + 43"/,',*# + $ + '%-',*#[+
0'.']$#+,$+%$#"#&"%+a#+4'3'#+,'#+-$&%'3D',*%'#+$+&%'/#.*%+'#+,$?$#'#+"/"-"8'#[+0D'-',*#+
$%%*/$'-$/&$+,$+9&'P*[+$+-'"#+'0$%&','-$/&$+,$+l0'%%*#+,$+0*-4'&$o+XCB+@&"3"]',*#+.$3'+
.%"-$"%'+N$]+.$3*#+4%"&u/"0*#+/'+0'-.'/D'+,*+>*--$[+$-+XpXh[+*#+0'%%*#+'0'4'%'-+
0D'-'/,*+.*20'+'&$/()*+$+#$+-*#&%'/,*+12'#$+"/_&$"#[+.*"#+'"/,'+$%'-+-2"&*+?%'0*#+
-$0'/"0'-$/&$[+'3=-+,$+.*20*+43"/,',*#B+M+-'"*%+.'%&$+,*#+N$5023*#+'&'0'/&$#+12$4%*2+
/* + $#.'(* + ,' + l&$%%' + ,$ + /"/82=-oB + 6$#-* + '##"-[ + * + 0*-'/,* + 4%"&u/"0* + .$%0$4$2 + '+
2&"3",',$+,*#+N$5023*#[+%$12"#"&'/,*+-$3D*%"'#+&=0/"0'#+$+'2-$/&*+,'+.%*,2()*+Ge*/$#[+
XpqkE+YhFm+L%$N$3,[+CWWZE+CXpIB
L*/?*%-$ +*#+'.$%?$"(*'-$/&*# +"'-+#$/,*+%$'3"]',*#[+*# +$R=%0"&*# +$#.$%'N'-+
2-'+-$3D*%+*.*%&2/",',$+.'%'+2&"3"]'%+#2'#+/*N'#+&=0/"0'#+ $+"/#&%2-$/&*#B+M-4'#+'#+
*.(^$#+'0'4'%'-[+0*"/0",$/&$-$/&$[+#$/,*+'-.3'-$/&$+2&"3"]','#+.$3'+.%"-$"%'+N$]+/'+
-$#-'+4'&'3D'[+$-+L'-4%'"[+/*+,"'+CW+,$+/*N$-4%*+,$+XpXkB++
L*-*+'+.%"-$"%'+2&"3"]'()*+,*#+0'%%*#+$-+XpXh+,$-*/#&%*2[+/)*+4'#&'N'+'.$/'#+
3'/('%+*#+0'%%*#+,$+0*-4'&$+/*+'&'12$[+"#*3',*#[+0*-*+$%'+?$"&*+0*-+'+"/?'/&'%"'B+<##$+
-=&*,* +/)*+"-.3"0'N' +/*+-$3D*% +2#*+,*# +N$5023*#B +L*24$+$/&)* +'*+%$0=-+?*%-',*+
U)G&6#9&'P#;).2*+ O+*+L*%.*+,$+H'/12$#+O+.$/#'%+/*+-=&*,*+12$+&%*2R$##$+-'"*%+
$?"0"i/0"'+.*##5N$3+.'%'+'+/*N'+'%-'B+!$0","2:#$+$/&)*+"/"0"'%+2-+'&'12$+-'0"(*+0*-+'#+
&%".23'(^$#+,*#+0'%%*#+&%$"/','#+.'%'+%*-.$%+'#+&%"/0D$"%'# +%'.",'-$/&$[+'.*"'/,*+*#+
0'%%*# + 2/# + '*# + *2&%*#[ + j2/&'-$/&$ + 0*- + ' + "/?'/&'%"'[+ 12$ + *# + #$82"' + .'%' + '##'3&'% + '#+
.*#"(^$#+'3$-)#m+*+'.*"*+,$+'%&"3D'%"'[+'*+"/N=#+,$+-'0"(*+$+3*/8*[+#$%"'+02%&*+$+.%$0"#*+
XC
+L*-+%$3'()*+'+"/*N'(^$#+/*+,$0*%%$%+,'+r+;2$%%'E+P+2#*+,*+8`#+N$/$/*#*+*0*%%$2+,$+'-4*#+*#+3',*#+,*+
0*/?3"&*[ + 0*- + Q%"&u/"0*# + $ + M3$-)$# + 2&"3"]'/,*:*# + $- + 8%'/,$ + 12'/&",',$B + K`%"'# + .$12$/'# + "/*N'(^$#+
?*%'-+%$'3"]','#+.'%'+*+2#*+,*+#*3,',*+"/,"N",2'3[+0*-*+*+2#*+,$+0'.'0$&$#+,$+'(*+.'%'+$N"&'%+$#&"3D'(*#[+
'#+8%'/','#+,$+-)*+/*#+0*-4'&$#+$+#24-$&%'3D',*%'#B+M%-'#+,$+'%&"3D'%"'+,$+&"%*+"/,"%$&*[+0*-*+*#+
-*%&$"%*#+$+*42#$"%*#B+@-'+"/*N'()*+,"8/'+,$+/*&'[+12$+?*"+,$#$/N*3N",'+.$3*#+,*"#+3',*#+,*+0*/?3"&*[+?*"+
'+MN"'()*[+12$+#$+"/"0"*2+/'+?2/()*+,$+*4#$%N'()*+$+$#0'%'-2('#+$+'*+?"/'3+,*+0*/?3"&*+j`+&"/D'+.%*j$&',*+
'#+-"##^$#+,$+0'('[+'.*"*+&$%%$#&%$+$+4*-4'%,$"*+$#&%'&=8"0*[+$-4*%'+'+&$0/*3*8"'+/'+=.*0'+/)*+?*##$+
0'.']+,$+.%*,2]"%+'N"^$#+0'.']$#+,$+$R$%0$%+$##'#+?2/(^$#+0*-+'+-$#-'+?*%('+12$+&$%"'-+/'+rr+;2$%%'+
62/,"'3+GL%$N$3,[+CWWZE+CXpB+e*/$#[+XpqkE+YZWB+++
FW
.'%' + $N"&'% + ' + .$%,' + ,* + $3$-$/&* + #2%.%$#'B + P + '.*"* + '=%$*[ + 2#',* + $- + 8%'/,$ + $#0'3'[+
0'2#'N'+,"#&%'()*+a#+&%*.'#+'3$-)#[+'3=-+,$+.%*N*0'%+,$#*%,$-+GP%8"33[+XpkqE+ChIB
M* + ?"/'3 + ,* + '&'12$[ + '# + &%*.'# + 4%"&u/"0'#[ + 0*- + ?*%('# + $- + &'-'/D* + -$/*% + #$+
0*-.'%','#+'+*2&%'#+*.$%'(^$#+*?$/#"N'#+4%"&u/"0'#[+D'N"'-+%*-.",*+0*-+#20$##*+'+
3"/D' + ,$ + &%"/0D$"%'# + '3$-) + $ + 0*/12"#&',* + -'"# + &$%%$/* + ,* + 12$ + ' + .%"/0".'3 + *?$/#"N'+
4%"&u/"0'+*0*%%",'+/'12$3$+'/*[+$-+|.%$#B+P+2#*+,*#+0'%%*#+,$+0*-4'&$+$-+-'##'[+0*-+
'.*"*+,'+"/?'/&'%"'+4$-+$12".','+.'%'+*+'##'3&*+$+%$?*%(','+.*%+'&'12$#+.%$0"#*#+,'+
'%&"3D'%"'+$+'N"'()*+,$-*/#&%*2+*+#20$##*+,'+/*N'+&=0/"0'+$-+0*-4'&$B+
!$]+ ,"'# + ,$.*"# + ,*+ '&'12$ + 4%"&u/"0*[+ *0*%%$2 + ' + %$#.*#&' + ,*+ $R=%0"&* + '3$-)*B+
M.9# + &$%$- + #",* + #2%.%$$/,",*# + .$3*# + /*N*# + -=&*,*# + ,*# + 4%"&u/"0*# + $ + *# + 0'%%*# + ,$+
0*-4'&$[+*#+'3$-)$#+%$N",'%'-+2&"3"]'/,*+.'%&$+,$+#2'+&%*.'+12$+$#&'N'+#$/,*+.%$.'%','+
/'#+&=0/"0'#+,$+'##'3&*+$+"/?"3&%'()*B+!$#3*0'/,*:#$+$-+.$12$/*#+8%2.*#+,$+"/?'/&'%"'[+
&'-4=-+'.*"',*#+.*%+'%&"3D'%"'+$+'N"'()*[+0*/&*%/'/,*+.*/&*#+?*%&$#+,'+,$?$#'+4%"&u/"0'+
$+.$/$&%'/,*+.%*?2/,'-$/&$+.$3*#+.*/&*#+?%'0*#[+'+"/?'/&'%"'+'3$-)+0'2#*2+#2%.%$#'+
0*-+'+/*N'+&`&"0'+$+'0'4*2+.*%+%$02.$%'%+*+&$%%$/*+.$%,",*+/*#+,"'#+'/&$%"*%$#+$+'"/,'+
',$/&%'%+2-+.*20*+-'"#+/'+3"/D'+'/&$%"*%+4%"&u/"0'+G6$##$/8$%[+XpkqE+XCXIB+
M + Q'&'3D' + ,$ + L'-4%'" + '0'4*2 + .*% + 0*3*0'% + $- + $N",i/0"' + '# + /*N'# + ,*2&%"/'#+
&`&"0'# + .'%'+ 0*/&*%/'% +'+ 82$%%'+ ,$+ '&%"&* +$ +&%']$% + ,$+N*3&' + '+ 82$%%'+ ,$+-'/*4%'#B +M+
"/?32i/0"'+12$+$3'+0'2#'%"'+/*+.$/#'-$/&*+-"3"&'%+/*+$/&%$+:+82$%%'#+?*"+$##$/0"'3+.'%'+'+
?*%-23'()*+,'#+,*2&%"/'#+,$+2#*+,$+43"/,',*#[+N"#&*+12$+'+r+;2$%%'+62/,"'3+&$%-"/*2+
#$-+12$+*#+.%*.*/$/&$#+,*+2#*+,*#+0'%%*#+,$+0*-4'&$+0D$8'##$-+'+2-'+0*/032#)*+
#*4%$+*+-$3D*%+-=&*,*+,$+$-.%$8*+,$3$#XFB+
V*+'/*+#$82"/&$+'+L'-4%'"[+*#+'3$-)$#+2&"3"]'%'-+#2'+/*N'+&=0/"0'+$-+3'%8'+
$#0'3' + /' + P?$/#"N' + ,$ + 7%"-'N$%'XY[ + ,$ + XpXq[+ 0*/#$82"/,* + 8%'/,$ + #20$##*[ + -'#+
,$-*/#&%'/,* + 12$ + ' + -`12"/' + ,$ + 82$%%' + '3$-) + $#&'N' + /*# + 3"-"&$# + ,' + l82$%%' + ,$+
-'&$%"'3o[+#*?%$/,*+8%'/,$#+4'"R'#+$+/)*+#$/,*+0'.']+,$+-'/&$%+'#+8%'/,$#+0*/12"#&'#+
&$%%"&*%"'"# +,$#&' +_3&"-' +*?$/#"N'B +A'3&*2 +'"/,' + '+0'.'0",',$ + ,$+ -'/&$% +'# + &%*.'# +,$+
'##'3&*+'4'#&$0",'#+$/12'/&*+'N'/('N'-+O+*+12$+%$,2]"2+*+5-.$&*+,*+'&'12$+"/"0"'3B+
XF
+\*2N$+4'&'3D'#+.*#&$%"*%$#+'+L'-4%'"+$-+12$+#$+2&"3"]*2+*+$-.%$8*+-'0"(*+,$+0'%%*#+,$+0*-4'&$[+'/&$#+
,*+?"-+,'+r+;2$%%'+62/,"'3B+</&%$+'#+4%"&u/"0'#[+\'-$3+$+$-+$#.$0"'3+M-"$/#+G$-+Y+,$+j23D*+$+q+,$+
'8*#&*+,$+XpXq[+%$#.$0&"N'-$/&$I+?*%'-+2&"3"]',*#+0'%%*#+,$+0*-4'&$+/*+-$#-*+-=&*,*+,$+L'-4%'"B+V*+
3',*+?%'/0i#[+*+2#*+,*+$-.%$8*+-'0"(*+,$+0'%%*#+,$+0*-4'&$+$-+'.*"*+a+"/?'/&'%"'[+/'#+*?$/#"N'#+'3"','#+
,$+XpXq[+#$%"'+&$#&$-2/D',*+.*%+2-+*?"0"'3+4%'#"3$"%*E+e*#=+7$##*'+L'N'30'/&"+$+M34212$%12$+GT*2%*[+
CWWqE+CFIB+
XY
+M+P?$/#"N'+,$+XpXq[+0*/D$0",'+.*%+V&3*".*/56&/5++*2+W-"'*3C&#F3/5&"6[+?*"+2-'+&$/&'&"N'+,*+0*-'/,*+
'3$-)*[+#*4+*+8$/$%'3+<%"0D+T2,$/,*%?[+,$+,$%%*&'%+*#+'3"',*#+'/&$#+12$+$#&$#+%$0$4$##$-+*+'.*"*+,*#+
<@M[+12$+D'N"'-+,$03'%',*+82$%%'+'*#+'3$-)$#+/*+'/*+'/&$%"*%B+
FX
M+%$#.*#&'+'3"','+a+*?$/#"N'+'3$-)[+3'/(','+$-+#=%"$#+,$+*.$%'(^$#+*?$/#"N'#[+
0*-+'382-'#+,$3'#+2&"3"]'/,*+'#+/*N'#+&`&"0'#+2#','#+$-+L'-4%'"+$+j`+0*-+*+'.*"*+,*#+
<#&',*#+@/",*#+$-+&%*.'#+$+#2.%"-$/&*#[+,$2+?"-+a#+$#.$%'/('#+'3$-)#+,$+0*/&"/2'%+'+
82$%%'B+<-+/*N$-4%*+,$+XpXq+O+12'#$+2-+'/*+'.9#+'+4'&'3D'+,$+L'-4%'"+O+'+M3$-'/D'+
0'."&23*2B
M+82$%%'[+12$+0D$8*2+'*+?"-+$-+XpXq[+&*%/*2:#$+*4j$&*+,$+$#&2,*+$R'2#&"N*+
#*4%$ + '# + /*N'# + &$0/*3*8"'# + $ + ,*2&%"/'# + 12$ + ?*%'- + $-.%$8','#B + 6"3"&'%$# + /* + 3',*+
N$/0$,*%[ + '##"- + 0*-* + /* + .$%,$,*%[ + '0%$,"&'N'- + 12$[ + /* + 0'#* + ,$ + D'N$% + 2-' + /*N'+
82$%%'[ + '# + 3"(^$# + '.%$/,",'# + /$#&' + .*,$%"'- + $N"&'% + *2&%' + 82$%%' + ,$ + &%"/0D$"%'#B + P#+
0'-"/D*#+$+'#+0*/032#^$#+'+12$+0','+3',*+0D$8'%"'+#*4%$+&'"#+3"(^$#+#$%"'-[+/*+$/&'/&*[+
,"?$%$/&$#B++
UZ@5>K^_i]^MSL*
P+<R=%0"&*+Q%"&u/"0*[+."*/$"%*+/*+2#*+,*#+0'%%*#+,$+0*-4'&$[+0D$8*2+'*+?"-+,*+
0*/?3"&*+.*##2"/,*+&'/&*+'#+-`12"/'#+12'/&*+*#+*?"0"'"#+0*-+*+0*/D$0"-$/&*+.'%'+#2'+
2&"3"]'()*B+M+Q'&'3D'+,$+M-"$/#[+$-+q+,$+'8*#&*+,$+XpXq[+,$-*/#&%*2+*+#20$##*+,*+2#*+
0*-4"/',* + ,$ + &'/12$# + $ + "/?'/&'%"'B + M + /*N' + '%-' + %$0$4"' + .%$#&58"* + .*% + .'%&$ + ,*+
0*-'/,'/&$+4%"&u/"0*[+>"%+e*D/+\'"8[+$+$#&'N'+0*&','+.'%'+#$%+.$('+?2/,'-$/&'3+,$+2-'+
8%'/,$+*?$/#"N'+'3"','+/*+'/*+#$82"/&$B+
!$+'0*%,*+0*-+>&$.D$/+b*#$/[+$-4*%'+&$/D'+#",*+2-' +,'#+.%"-$"%'# +?*%('#+
'%-','#+'+0*/0$4$%+*+0'%%*+,$+0*-4'&$+$+&$/D'+#",*+*+."*/$"%*+$-+#$2+2#*[+,2%'/&$+*+
.$%5*,* + $- + 12$ + .x,$ + $R.$%"-$/&'% + * + 0'%%* + 0*-* + "/*N'()* + $- + &$-.* + ,$ + 82$%%'[+ *+
$R=%0"&* + 4%"&u/"0* + /)* + ?*" + 0'.'] + ,$ + .'##'% + .'%' + &*,' + ' + #2' + *%8'/"]'()* + *# + 'N'/(*#+
*4&",*#+$-+4'&'3D'#+0*-*+L'-4%'"[+\'-$3+$+M-"$/#+Gb*#$/[+XppXE+XXWIB+
P+$R=%0"&*+4%"&u/"0*+/)*+#$+.%$*02.*2+*+4'#&'/&$+$-+'N'3"'%+'#+.*##5N$"#+3"(^$#+
12$ + ' + 7%"-$"%' + ;2$%%' + 62/,"'3 + .*,"' + &$% + ,$"R',* + /* + 0'-.* + *.$%'0"*/'3B + M+
0$/&%'3"]'()*+$R0$##"N'+,*+0*-'/,*+&$%%$#&%$+4%"&u/"0*+,"?"023&'N'+*+$#&2,*+,$+%$3'&9%"*#+
,'+?%$/&$+12$+.2,$##$-+,'%+03'%$]'+a+?*%-'()*+,$+2-'+/*N'+,*2&%"/'+*.$%'0"*/'3+.'%'+'+
'%-'+43"/,','B+
>$82/,*+b*#$/[+*+M3&*+L*-'/,*+4%"&u/"0*+?'3D*2+,2%'/&$+'+;2$%%'+.*%+/)*+0%"'%+
9%8)*#+%$#.*/#`N$"#+.*%+%$0$4$%+"/?*%-'(^$#+,*+0'-.*+,$+4'&'3D'+12$+,$-*/#&%'##$-+
'382-' + "/*N'()* + $ + $#&2,`:3'# + .'##'% + .'%' + '# + ,$-'"# + 2/",',$#B + >$- + "##*[ + -$3D*%"'#+
FC
*.$%'0"*/'"# + 12$ + $%'- + %$'3"]','# + 0*- + #20$##* + $- + 2-' + ,"N"#)* + *2 + %$8"-$/&*+
.$%-'/$0"'-+#$/,*+2-'+l0'%'0&$%5#&"0'o+,$#&'+2/",',$B
M##"-[+.$12$/*#+,$&'3D$#+12$+,"?"023&'N'-+*+2#*+,*#+0'%%*#+,$+0*-4'&$[+0*-*+*+
2#* + $R0$##"N* + ,' + '%&"3D'%"' + '/&$# + ,* + '&'12$[ + 12$ + %$N*3N"' + ' + &$%%' + $ + 0'2#'N' + *+
'?2/,'-$/&*+,*#+0'%%*#+/'+3'-'+12$+#$+?*%-'N'+,$.*"#[+?*"+2-+$%%*+%$.$&",*+-$#-*+
'.9#+#2'+.%"-$"%'+0*/#&'&'()*B+
M+?*%-'()*+,*+9&'P#;).2*+/)*+-$3D*%*2+'+,"?2#)*+,'+"/*N'()*+/'+*%8'/"]'()*[+
.$3*+0*/&%`%"*[+?*%-*2+2-'+2/",',$+,$/&%*+,$3'+%$#.*/#`N$3+.*%+%$&$%+*+0*/D$0"-$/&*+
*.$%'0"*/'3+,*+0'%%*+,$+0*-4'&$B+P+2#*+,*#+0'%%*#+$-+0*-4"/'()*+0*-+'#+*2&%'#+'%-'#[+
/$0$##`%"*+.'%'+*+-$3D*%+'.%*N$"&'-$/&*+,'+/*N'+'%-'+O+$+.*#&$%"*%-$/&$+*+#$/&",*+,'+
"/*N'()*+$-+#"+O+$%'+%$'3"]',*+,$+-'/$"%'+"-.%*N"#','+/'#+2/",',$#+4%"&u/"0'#+'&=+12$+*+
'3&*+0*-'/,*+4%"&u/"0*+$,"&'##$+2-+-'/2'3+$R.3"0'/,*+#$2+2#*[+$-+XpXq[+/*+?"-+,'+
82$%%'B
M + $R0$()* + ' + $#&$ + 0'#*[ + * +X6&') # YZYZ[ + 0*/0$4",* + .$3* + 0*%*/$3 + A233$%[ + 12$+
2&"3"]'%"'+*+0'%%*+,$+0*-4'&$+0*-*+'%-'+.%"/0".'3+,$N",'-$/&$+'.*"','+.*%+'%&"3D'%"'+$+
"/?'/&'%"'[+2&"3"]'/,*+&'-4=-+*+'.*"*+'=%$*[+$-+2-'+8%'/,$+*?$/#"N'+$-+.%*?2/,",',$+
0*/&%'+*#+'3$-)$#[+'0'4*2+.*%+/)*+#$%+2&"3"]',*[+,$N",*+*+?"-+,'+82$%%'B+>$+&"N$##$+#",*+
.*#&* + $- + .%`&"0'[ + * +X6&') # YZYZ+ &$%"' + 2&"3"]',* + * + 0'%%* + ,$ + 0*-4'&$ + $- + #2' + &*&'3+
0'.'0",',$[ + $ + ,$-*/#&%'%"' + 12$ + * + $R=%0"&* + 4%"&u/"0* + $#&'N' + ,$#$/N*3N$/,* + '# + 4'#$#+
"/&$3$0&2'"#+,'+82$%%'+-$0'/"]','+$+12$+'&=+j`+'#+.*##25'+/*+?"/'3+,$+XpXq[+$-4*%'+$3'#+
/)*+$#&"N$##$-+&)*+03'%'#+.'%'+$3$#+GP%8"33[+XpkqEXZCm+b*#$/[+XppXE+XCkm+62%%'f[+XpphE+
XpIB
V*+$/&'/&*[+*+?"-+,*+0*/?3"&*+0$##*2+*#+.3'/$j'-$/&*#+.'%'+'+'%-'+43"/,','B+M+
#*0"$,',$+4%"&u/"0'[+0'/#','+,*#+D*%%*%$#+,'+82$%%'+,$+&%"/0D$"%'#[+.'##*2+'+',*&'%+2-'+
.*#&2%' + '/&":82$%%' + $ + '/&":-"3"&'%"#&'[ + %$,2]"/,* + *# + %$02%#*# + ,$#&"/',*# + '* + <R=%0"&*+
G'.$/'#+*#+,*+<R=%0"&*}IB+P+/_-$%*+,$+4'"R'#[+0*/#",$%',*+$3$N',*+.'%'+'+#*0"$,',$+
4%"&u/"0'[+0%"*2+$##'+'&-*#?$%'[+$N",$/0"','+.$3*#+%*-'/0$#+$+%$-"/"#0i/0"'#+.243"0',*#+
/*+.$%5*,*B+<#&'+'&-*#?$%'+'/&":-"3"&'%"#&'+$+'/&":82$%%'+,2%'%"'+'&=+-$',*#+,'+,=0','+,$+
XpFW+Gg"$%[+XpppE+pCm+62%%'f[+XpphE+pIB+
M3=- + ,"#&*[ + ' + /$0$##",',$ + ,$ + -'/2&$/()* + ,* + &$%%"&9%"* + 23&%'-'% + &%'/#?$%"' + '+
N$%4' + ,' + ?*%(' + &$%%$#&%$[ + .'%' + ' + -'/2&$/()* + ,$ + ?*%('# + ,"#&'/&$#[ + ,"?"023&'/,* + 8'#&*#+
-'"*%$# + $- + ,$#$/N*3N"-$/&*B + \'N"' + * + '%82-$/&* + ,' + lb$#.*/#'4"3",',$ + T"-"&','o+
GR3,3+"(#R3&K363+GI[+$#&%'&=8"'+12$+,$?$/,"'+12$+*#+4%"&u/"0*#+,$N$%"'-+"/&$%N"%+#$-+*+
FF
2#*+,$+2-'+?*%('+&$%%$#&%$+,$+8%'/,$#+.%*.*%(^$#+$+'+$/&%','+$-+0*/?3"&*#+/*+0*/&"/$/&$+
$2%*.$2[+.'%'+$N"&'%+*+*0*%%",*+/'+82$%%'+'/&$%"*%+G62%%'f[+XpphE+pB+g"$%[+XpppE+pFIB+
M##"-[+?'N*%$0$2:#$+'+$#&%'&=8"'+,$+'.%*N$"&'%+'+#2.%$-'0"'+4%"&u/"0'+/*#+-'%$#[+
,$ + "/N$#&"% + /* + $-.%$8* + ,$ + 'N"^$# + ,$ + 4*-4'%,$"* + $#&%'&=8"0*# + $ + ,$ + #$ + -'/&$% + 2-+
.$12$/*+$R=%0"&*+'.$/'#+.'%'+"/&$%N$/(^$#+/'#+`%$'#+0*3*/"'"#B+M#+,$-'"#+*%8'/"]'(^$#+
-"3"&'%$# + %$0$4"'- + .%"*%",',$# + /* + %$02%#*[ + ,$N",* + '* + ,$#$j* + ,' + #*0"$,',$ + ,$ + $N"&'%+
12'312$%+*2&%'+82$%%'+$-+&$%%$/*+$2%*.$2B+<#&'+.*#"()*+$#&%'&=8"0'+'.$/'#+#$+'3&$%*2+
12'/,*+*+0*/?3"&*+$#&'N'+-2"&*+.%9R"-*+,$+$03*,"%+Gg"$%[+XpppE+XWWB+62%%'f[+XpphE+XXIB+
<##$+$%'+*+'-4"$/&$+$#&%'&=8"0*+$+.*35&"0*+4%"&u/"0*+/'#+,=0','#+'.9#+'+7%"-$"%'+
;2$%%'B + <-4*%' + D*#&"3 + '* + $R=%0"&*[ + $#&$ + '-4"$/&$ + /)* + ,$N$%"' + #$% + #2?"0"$/&$ + .'%'+
"-.*##"4"3"&'% + ' + "/*N'()* + ,'+ '%-' + -$0'/"]','B + M + 0'2#' + .'%' + "##* + %$#","' + ,$/&%* + ,'+
*%8'/"]'()*E+'+"/0'.'0",',$+,$3'+$-+,"?2/,"%+'+'%-'+-$0'/"]','+$/&%$+#$2#+*?"0"'"#[+
.*%+-*&"N*#+12$+#$%)*+N"#&*#+'+#$82"%B
lP+<R=%0"&*+4%"&u/"0*+/)*+$#&'4$3$0$2+2-'+,*2&%"/'+0*$%$/&$+$-+XpXqo[+'?"%-'+
S"33"'-#*/ +62%%'f[+ j2/&'-$/&$ +0*-+'+,$03'%'()*+,$+b*#$/[+,$+12$+'+0$/&%'3"]'()*+
$R0$##"N' + ,* + 0*-'/,* + 4%"&u/"0* + ,"?"023&*2 + * + ?32R* + ,$ + "/?*%-'(^$# + ,$ + -2,'/('#+
*.$%'0"*/'"# +G62%%'f[ +XpphE+CWIB+M.9#+*+?"-+,'+82$%%'[+'+,$-*%'+,*+<#&',*+6'"*%+
Q%"&u/"0*+G$-+"/83i#[ +;53"-#)-#J,2".3&6#["'".&6#!+&--0+ *2+Lr;>I+$-+,$#$/N*3N$%+2-+
8%2.* + .'%' + .%*0$##'% + '# + .*##5N$"# + 3"(^$# + -"3"&'%$# + #2%8",'# + ,* + 0*/?3"&* + ,"?"023&*2 + '+
"/#&%2()*+,$+/*N*#+*?"0"'"#+/*+2#*+,'#+/*N'#+'%-'#[+'##"-+0*-*+,"?"023&*2+'*#+-'"#+
'/&"8*#+*+$/&$/,"-$/&*+,*+?2/0"*/'-$/&*+,$3'#[+$-+#2'#+2&"3"]'(^$#+,2%'/&$+'+r+;2$%%'+
62/,"'3B
P+.'.$3+,*+0*-'/,'/&$+&$N$+#$2+.$#*+/*#+.%*43$-'#+,*+$R=%0"&*+4%"&u/"0*+.'%'+
"/*N'%+/*+$/&%$+:+82$%%'#B+P#+0*-'/,'/&$#+,*+Lr;>+/)*+0*/0*%,'N'-+'+%$#.$"&*+,*+2#*+
,*#+43"/,',*#+$+,*+#$2+.'.$3+/2-'+82$%%'+?2&2%' XZB+T*8*+'.9#+*+?"-+,'+r+;2$%%'[+>"%+
\$/%f+S"3#*/+?*"+'.*/&',*+0*-*+0D$?$+,*+<#&',*+6'"*%B+>$/,*+0*/#",$%',*+2-+,*#+
-$3D*%$# +$+ -'"# + 0'.']$# +-"3"&'%$# + 4%"&u/"0*# +a +=.*0'[ +$3$ + $%'+ ?'N*%`N$3 +' +$#&2,'% +'+
"/*N'()*+,*#+0'%%*#+,$+0*-4'&$[+-'#+#2'+#24#&"&2"()*+/*+Lr;>[+$-+XpCC[+.*%+T*%,$+
L'N'/[ + 2- + 8$/$%'3 + 12$ + 0*-4'&$2 + /' + r&`3"' + $ + $%' + 'N$##* + ' + /*N'# + ",="'#[ + %$,2]"2 + *+
"/&$%$##$+,'+?*%('+$-+"/*N'()*+G62%%'f[+XpphE+CXIB
XZ
+K'3$+3$-4%'%+12$+*#+0'%%*#+,$+0*-4'&$+,*+?"-+,'+r+;2$%%'+.*##25'-+#$%"'#+,$?"0"i/0"'#+-$0u/"0'#+$+
$%'-+3$/&*#[+,$+,"?50"3+-'/*4%'B+<##'#+,$?"0"i/0"'#+,"?"023&'N'-+'+'0$"&'()*+,*#+0'%%*#+/*+<R=%0"&*+
Q%"&u/"0*+.9#+82$%%'+G>&*/$[+CWWCIB+M+&$0/*3*8"'+'2&*-*&"N'+$N*32"%"'+/'+,=0','+,$+XpFW[+-$3D*%'/,*+'+
12'3",',$+,*#+N$5023*#[+.%"-$"%'-$/&$+0"N"#[+$+,$.*"#+-"3"&'%$#B
FY
T*%,$ + 6"3/$[ + 12$ + '##2-"2 + * + Lr;> + $- + XpCh[ + &"/D' + ' + .%$&$/#)* + ,$ + ,'% + '*#+
.%*.*/$/&$#+,'+82$%%'+-$0'/"]','+'+0D'/0$+,$+&$#&'%+#2'#+",="'#B+!2%'/&$+#$2+.$%5*,*+
0*-* + 0D$?$ + ,* + <#&',* + 6'"*%[ + * + $R=%0"&* + .x,$ + %$'3"]'% + -'/*4%'# + 0*- + 2-' + ?*%('+
-$0'/"]','+$R.$%"-$/&'3+O+F)K36"#=3C3*3)'+:+,$+.%*.*%(^$#+%']*`N$"#[+.'%'+,$-*/#&%'%+
'#+0'.'0",',$#+,$3'+$-+0*-4'&$+G62%%'f[+XpphE+CZIB+<##'#+-'/*4%'#+.'##'%"'-+'+#$%+
0*/,2]",'# + '/2'3-$/&$[ + ' + ,$#.$"&* + ,'# + %$#&%"(^$# + /* + *%('-$/&* + 4%"&u/"0* + .'%' + *+
<R=%0"&*B++
P +#20$##*%+ ,$ +6"3/$[ + *+ 8$/$%'3 + 6*/&8*-$%f:6'##"/84$%,[ +/)* + ?*"+ 0'.'] + ,$+
.$%0$4$%+'+"/*N'()*+0'2#','+.$3'+'%-'+43"/,','B+M/&$#+-$#-*+,$+'##2-"%+*+Lr;>[+
,2%'/&$+'#+-'/*4%'#+,$+XpCq+G62%%'f[+XpphE+ChI[+$3$+D'N"'+0*/0325,*+12$+2-'+?*%('+
-9N$3[+43"/,','+$+-$0'/"]','+#$%"'+"/_&"3+#$+&*,*+*+$R=%0"&*+/)*+$#&"N$##$+-*&*%"]',*B+
H'3+0*/032#)*+?$]+0*-+12$+*+$R=%0"&*+4%"&u/"0*+?*##$+'+.%"-$"%'+*%8'/"]'()*+-"3"&'%+
&$%%$#&%$ + &*&'3-$/&$ + -*&*%"]','[ + -'# + &'-4=- + ?$] + 0*- + 12$ + *# + 0'%%*# + ,$ + 0*-4'&$+
.$%,$##$-+'+0'.'0",',$+,$+'8"%+,$+?*%-'+"/,$.$/,$/&$+,'#+*2&%'#+'%-'#+G"/?'/&'%"'+$+
'%&"3D'%"'I[+$+12$+?*##$+,$#?$"&'+'+?*%('+-9N$3+$R.$%"-$/&'3[+$-+XpFXB+L*-*+0D$?$+,*+
Lr;>[+$-+XpFY[+$3$+0*/#*3",'%"'+$##'+",="'+,$/&%*+,'+*%8'/"]'()*+Gg"$%[+XpppE+XWCIB+
P#+,*"#+_3&"-*#+Lr;>Xh+,$+'/&$#+,'+rr+;2$%%'+O+>"%+Lf%"33+!$N$%$33+$+T*%,$+;*%&+:+
-'/&"N$%'-+'+-$#-'+$#&%2&2%'+,*+$R=%0"&*+4%"&u/"0*B+6$#-*+;*%&[+12$+$%'+?'N*%`N$3+'+
-2,'/('#+$+"/*N'(^$#[+'0'4*2+.*%+/)*+,$#$j'%+'3&$%'%+#24#&'/0"'3-$/&$+'+*%8'/"]'()*[+
-'/&$/,*:'+.'%$0",'+0*-+#2'+$#&%2&2%'+.%=:r+;2$%%'+G62%%'f[+XpphE+CCIB+
P + ?'&* + ,$ + ,*"# + ,*# + -'"*%$# + &$9%"0*# + ,' + 82$%%' + -$0'/"]',' + O + #$/)* + *# + ,*"#+
-'"*%$# +&$9%"0*#+O+#$%$-+4%"&u/"0*# +/)*+?$]+12'312$%+,"?$%$/('+,$/&%*+,'+?*%('+.'%'+
0'2#'%+'+"/*N'()*B+e*D/+A%$,$%"0t+A233$%+$+Q'#"33+T",,$33+\'%&[+0*-*+*?"0"'"#+,*+$R=%0"&*+
12$+#$%N"%'-+/'+r+;2$%%'+62/,"'3+$+0*-.%$$/,$%'-+3*8*+*+.*,$%+,'+?*%('+-$0'/"]','[+
.*,$%"'-+&$%+'2R"3"',*+'+*%8'/"]'()*+/*+.%*0$##*+,$+"/&%*,2()*+,*+0'%%*+,$+0*-4'&$+
Gg"$%[+XpppE+pXm+XWXIB+V*+$/&'/&*[+0*-*+'&$#&'-+62%%'f+$+g"$%+$-+#2'#+'/`3"#$#[+"#&*+
/)*+'0*/&$0$2+,$N",*+'+2-'+#=%"$+,$+,$0"#^$#+$%%','#+&*-','#+.*%+'-4*#[+0*-*+#$%`+
N"#&*+'+#$82"%B+
T",,$33+\'%&[+&$/,*+#",*+&%'/#?$%",*+.'%'+'+%$#$%N'+/'+,=0','+,$+XpCW[+.'##*2+'+
$#0%$N$%+#*4%$+*#+0'%%*#+,$+0*-4'&$+$+#$2+2#*+$-+0*-4"/'()*+0*-+'#+,$-'"#+'%-'#[+
$R$%0$/,* + 8%'/,$ + "/?32i/0"' + .%"/0".'3-$/&$ + /' + ?*%-'()* + ,'# + 2/",',$# + 43"/,','#+
Xh
+M+*%,$-+,*#+*02.'/&$#+,*+;53"-#)-#J,2".3&6#["'".&6#!+&--[+/*+.$%"*,*+$/&%$:82$%%'#[+=+$#&'E+>"%+\$/%f+
S"3#*/+GXpXq:XpCCIm+A%$,$%"0t+b2,*3.D+T'-4'%&[+L*/,$+,$+L'N'/+GXpCC:XpChIm+>"%+;$*%8$+6"3/$+
GXpCh:XpFFIm+>"%+M%0D"4'3,+6*/&8*-$%f:6'##"/84$%,+GXpFF:XpFhIm+>"%+Lf%"33+!$N$%$33+GXpFh:XpFkIm+
e*D/+K$%$t$%[+K"#0*/,$+;*%&+GXpFk:XpFpIB+
FZ
'3$-)#B+6'#+$-+%$3'()*+'*+$R=%0"&*+4%"&u/"0*[+T",,$33+\'%&+?*"+$R&%$-'-$/&$+0%"&"0*+,*+
-*,*+0*-*+'+'%-'+-$0'/"]','+$%'+$R.$%"-$/&','[+&$/,*+'/8'%"',*+*+,$#"/&$%$##$+&'/&*+
,*#+*?"0"'#+,$+/5N$3+#i/"*%+12'/&*+,*#+-'"#+j*N$/#B+M3=-+,*+-'"#[+T",,$33+\'%&+$%'+2-+
,*#+,$?$/#*%$#+,'+$#&%'&=8"'+,'+l%$#.*/#'4"3",',$+3"-"&','o[+'N$##'+'*+2#*+,$+?*%('#+
&$%%$#&%$# + 4%"&u/"0'# + /* + 0*/&"/$/&$ + $2%*.$2 + /*N'-$/&$ + G62%%'f[ + XpphE + CZm + CkB + g"$%[+
XpppE+XWXIB
e*D/+A%$,$%"0t+A233$%[+12$+?"0*2+-'"#+&$-.*+$-+#$%N"(*+'&"N*[+&'-4=-+&*-*2+
,$0"#^$#+0*/&%*N$%#'#B+P+0*-'/,*+,'+,"N"#)*+-9N$3+$R.$%"-$/&'3[+?*%-','+$-+XpCh+?*"+
*?$%$0",*+'+$3$[+12$[+#2%.%$$/,$/&$-$/&$[+%$j$"&*2+*+.*#&*[+,$N",*+'*+?'&*+,$+12$+$#&'+
,"N"#)*+/)*+&"/D'+'+?*%-'()*+12$+$3$+,$#$j'N'[+*.$%'/,*+$-+0*/j2/&*+0*-+'#+,$-'"#+
'%-'# + ,* + $R=%0"&*B + 7'##'/,* + .'%' + ' + %$#$%N'[ + A233$% + ?$] + 0*%* + 0*- + T",,$33 + \'%& + /'#+
0%5&"0'#[+"%%"&'/,*+'+*?"0"'3",',$+4%"&u/"0'+$+'2-$/&'/,*+*+'4"#-*+$/&%$+'+"/*N'()*+$+*+
0*%.*+,$+*?"0"'"#+G62%%'f[+XpphE+CYIB+++
M+?'3D'+$-+"/*N'%[+/*+$/&'/&*[+/)*+.*,$+#$%+0*/#",$%',*+'.$/'#+2-+.%*43$-'+,'+
3",$%'/('B + P# + N'3*%$# + $#&%2&2%'"# + $ + 023&2%'"# + ,'+ *%8'/"]'()* + ?*%-'N'- + 2- + '-4"$/&$+
,$#?'N*%`N$3+'*+*?"0"'3+"/*N',*%[+.$3*#+-*&"N*#+12$+#$82$-+G62%%'f[+XpphE+CCIE+
'I + P + <R=%0"&* + Q%"&u/"0* + $%' + $#&%2&2%',* + ,$ + ?*%-' + %$8"-$/&'3[ + 0*- + 0','+
%$8"-$/&*+.*##2"/,*+$-43$-'#[+D"#&9%"'+$+&%',"(^$#+.%9.%"*#B+<#&$+#"#&$-'+?*"+
"/#&"&25,* +.'%'+#$+$N"&'%+2-+8*3.$+-"3"&'% +:+0*-* +*+12$+?*"+,',*+.*%+P3"N$%+
L%*-s$33+,2%'/&$+*+#=023*+vKrr+O+$+.'##'/,*+'*+.'%3'-$/&*+*+0*/&%*3$+#*4%$+'+
$#&%2&2%' + $ + *%8'/"]'()* + ,* + $R=%0"&* + $[ + 0*/#$1y$/&$-$/&$[ + #*4%$ + * + $R=%0"&*B+
</&%$&'/&*[+ '+.%*?"##"*/'3"]'()* +-"3"&'% +0%$#0$/&$+/*+#=023*+vrv+&*%/'%"'+$#&$+
#"#&$-'+,$#0$/&%'3"]',*+2-+.%*43$-'+.'%'+'+?*%-'()*+,$+*?"0"'"#+,$+/5N$3+#i/"*%+
0'.']$# + ,$ + 0*/,2]"% + 8%'/,$# + 2/",',$# + /' + 82$%%' + -*,$%/' + 12$ + #$ + ?*%-'N'+
G62%%'f[+XpphE+CFB+g"$%[+XpppE+XXWm+XCWIB++
4I+P+#"#&$-'+%$8"-$/&'3+?'N*%$0"'+'+?*%-'()*+,*+$#.5%"&*+,$+0*%.* Xk+ $/&%$+*#+
-$-4%*#+,'+2/",',$[+12$+=+$##$/0"'3+.'%'+2-+4*-+,$#$-.$/D*+,'+2/",',$+$-+
0'-.'/D'[+-'#+12$+&'-4=-+*#+'&%$3'+'+2-'+023&2%'+12$+$/?'&"]'+'+$#&'8/'()*[+
$-+*.*#"()*+$R'&'+a+"/*N'()*+G62%%'f[+XpphE+CFIB+7'%'+*#+*?"0"'"#+4%"&u/"0*#[+'+
Xk
+!'+$R.%$##)*+?%'/0$#'+*%"8"/'3+"*2.3+#("#/).2*[+%$.%$#$/&'+'+0'.'0",',$+,$+2-'+2/",',$+$-+#$+-'/&$%+
0*$#'+$-+42#0'+,$+#$2+*4j$&"N*B+<#.5%"&*+,$+0*%.*+&'-4=-+.*,$+#$%+$/&$/,",*+.*%+-*%'3B+M+"-.*%&u/0"'+
,*+-*%'3+,'#+2/",',$#+/'+'N'3"'()*+,$+#2'#+0'.'0",',$#+-"3"&'%$#+$/&%'+$-+,$035/"*+$-+0*/#$1yi/0"'+,'+r+
;2$%%'B+V)*+N$-+'*+0'#*+/$#&$+&%'4'3D*+G7'%$&[+CWWXE+kXIB+
Fh
-*%'3 + $%' + -'"# + "-.*%&'/&$ + ,* + 12$ + * + -'&$%"'3 + *2 + * + 0*/D$0"-$/&* + &`&"0* + /'+
?*%-'()* + ,$ + 2- + *?"0"'3B + M + 82$%%' + 0*/#"#&"'[ + .'%' + $3$#[ + $- + 2-' + ,"#.2&' + ,$+
N*/&',$#B
0I+M+?*%-'()*+,*#+*?"0"'"#+4%"&u/"0*#+$%'+%$'3"]','+,$+-*,*+'+,$#?'N*%$0$%+*+
$#&2,*+12$+?*##$+'3=-+,*+'.3"0`N$3+a+#2'+2/",',$B+M.9#+#$+?*%-'%[+*+*?"0"'3+
4%"&u/"0* + "' + #$%N"% + $- + #$2 + %$8"-$/&* + $ + .*20* + #$ + "-.*%&'%"' + $- + '.%$/,$% + '+
%$#.$"&* + ,$ + *.$%'(^$# + -"3"&'%$# + '0"-' + ,* + /5N$3 + ,$ + 4'&'3D)* + G0*-.'%`N$3 + '*+
%$8"-$/&*+4%"&u/"0*I[+#$/,*+12$+'+*.$%'()*+,$+2-'+?*%('+-$0'/"]','+$#&`+$-+
2-+/5N$3+'0"-'+,"#&*B+P+"/&$%$##$+,$+2-+*?"0"'3+-'"#+/*N*+$-+$/&%'%+.'%'+*+02%#*+
,$+<#&',*+6'"*%+.*,"'[+.*%+$R$-.3*[+#$%+0*/#",$%',*+2-'+'?%*/&'[+*2+-$#-*+
2-'+,$#$%()*[+.$3*#+,$-'"#+-$-4%*#+,*+#$2+%$8"-$/&*B++
,I+P+0*%.*+,$+*?"0"'"#+4%"&u/"0*+,$#?'N*%$0"'+'12$3$#+-$-4%*#+12$+42#0'##$-+
2-'+?*%-'()*+-'"#+&=0/"0'B+M+023&2%'+.%$,*-"/'/&$+/'+?*%('+$%'+'+,*+P?"0"'3O
L'N'3D$"%*[+0*-*+,$?"/$+<3"]'4$&D+g"$%+GP +["'+6",&'#N#W--3/".>+ g"$%[+XpppE+
XCWIB+V$##'+023&2%'[+'"/,'+.%$N'3$0"'+'+N"#)*+,*+*?"0"'3+0*-*+.'%&$+,'+03'##$+
/*4%$[+3"8','+a+N",'+/*+0'-.*[+'+$#.*%&$#+0*-*+*+.93*[+'+0'('[+*#+4'/12$&$#+$+
?$#&'#+/*4%$#+Gg"$%[+XpppE+XCXIB+P+0'%`&$%+'-',*%"#&'+,'+?*%-'()*+,*+*?"0"'3+,*+
$R=%0"&* + 4%"&u/"0* + $%' + 0*/&%'#&'/&$ + '* + ,*# + .%*?"##"*/'"# + -"3"&'%$# + $- + *2&%*#+
.'5#$#[+#$/,*+0*/#",$%',*+-'"#+0*-*+2-+$-.%$8*+,$+-$"*+$R.$,"$/&$+,*+12$+
0*-*+2-'+?*%-'()*+.%*?"##"*/'3B+
>$82/,* + g"$%[ + * + 02%%5023* + ,'# + "/#&"&2"(^$# + -"3"&'%$# + 4%"&u/"0'# + ?'N*%$0"' + *+
,$#$/N*3N"-$/&*+,'+.$%#*/'3",',$+,*+*?"0"'3+0*-*+-$-4%*+,$+2-'+03'##$[+$+/)*+0*-*+
.%*?"##"*/'3[ + 0*-* + '# + "/#&"&2"(^$# + ,$ + $/#"/* + -"3"&'% + ,* + %$#&'/&$ + ,' + <2%*.'B + M+
.%$#$%N'()*+,*+$#&"3*+#*0"'3[+,*#+0*#&2-$#[+,*+#&'&2#+$+,*+.%$#&58"*+,*#+*?"0"'"#+$%'+-'"#+
"-.*%&'/&$ + ,* + 12$ + * + $#&2,* + #=%"* + ,'# + 12$#&^$# + -"3"&'%$#[ + #$/,* + .*% + "##* + $N"&',* + *+
"/8%$##*+/*+!+&--#;)66":"[+*2+<#0*3'+,$+<#&',*+6'"*%[+.$3'+-'"*%"'+,*#+*?"0"'"#+Gg"$%[+
XpppE+XCFIB+
<-+%$3'()*+'*+&%$"/'-$/&*+.%`&"0*[+$%'+,','+-'"#+i/?'#$+'*+&%$"/*+,$+-'%0D'[+,$+
%$'3"]'()*+,$+.'%','#B+M+*%,$-+2/",'[+'#+?*%-'(^$#+"-.$0`N$"#[+'+-'%0D'[+$%'-+&$-'#+
0*/0$/&%',*# + /*# + -'/2'"# + ,$ + &%$"/'-$/&* + ,'# + '%-'#B + P + &%$"/* + &`&"0*[ + $- + 0*/&%'#&$[+
%$0$4"' +.*20' +%$3$Nu/0"'B +L*-* +'0%$,"&'N'- +12$+' +-*%'3 +$%'+*+?'&*% +,*-"/'/&$ +/*+
Fk
0'-.*+,$+4'&'3D'[+*#+-'/2'"#+,'N'-+-'"#+'&$/()*+'+$R$%050"*#+,"#0".3"/'%$#+,*+12$+'*+
&%$"/*+&`&"0*[+12$+'0'4'N'+0*/#"#&"/,*+$-+'382/#+$R$%050"*#+$+$R.*#"(^$#+'*+3*/8*+,*+
'/*B+M+.'%&"0".'()*+$#.*%&"N'+O+.93*[+?2&$4*3[+0%512$&$+O+'0'4'N'+.*%+#$%+"/0$/&"N','+
.$3'+-$#-'+0'2#'+,*#+$R$%050"*#+,$+.'%','E+#$%N"'-+.'%'+,"#0".3"/'%[+0*/#&%2"%+*+0'%`&$%[+
"/0$/&"N'%+*+&%$"/*+?5#"0*+$+'+0*-.$&"&"N",',$B+P+$R0$##*[+$/&%$&'/&*[+'0'4'N'+&'-4=-+
.*%+-"/'%+*#+&%$"/*#+&`&"0*#[+0*/#2-"/,*+8%'/,$+.'%&$+,*+&$-.*+,$+#$%N"(*+,*+*?"0"'3+
4%"&u/"0*+Gg"$%[+XpppE+XCC:XCpm+XFF:XFkIB+
M+"/&%*,2()*+,*#+0'%%*#+,$+0*-4'&$+/'#+'%-'#+,$+0'N'3'%"'+$+"/?'/&'%"'[+$+,*#+
,$-'"#+$3$-$/&*#+-$0'/"]',*#[+3*/8$+,$+"/0$/&"N'%+*+$#&2,*+&=0/"0*+$+&`&"0*+,'#+/*N'#+
-`12"/'#[+'.$/'#+'2-$/&*2+*+,$#"/&$%$##$+,*#+*?"0"'"#B+<-4*%'+#$+&*%/'##$+'+.%"-$"%'+
*%8'/"]'()* + -"3"&'% + &*&'3-$/&$ + -$0'/"]','[ + '.%$/,$% + 12'312$% + ,$&'3D$ + ' + %$#.$"&* + ,$+
-$0u/"0'+$%'[+.'%'+*+*?"0"'3:0'N'3D$"%*+4%"&u/"0*[+2-+&%'4'3D*+#2j*+$+,$#*/%*#*B+<-+
%$3'()*+'*+'.%$/,"]',*+&`&"0*[+$3$#+'0%$,"&'N'-+12$+*+&%$"/'-$/&*+$-+$12"&'()*+#$%N"'+
.'%'+&*%/'%+*+*?"0"'3+4*-+0'N'3$"%*+$+&'-4=-+2-+4*-+0*/,2&*%+,$+0'%%*#+,$+0*-4'&$[+
0*3*0'/,*+*+N'3*%+,*+0'N'3*+$-+.'%",',$+O+12'/,*+/)*+'0"-'+O+0*-+*+0'%%*+,$+0*-4'&$+
/'+82$%%'+-*,$%/'B
6$#-* + '.%*N'/,* + N'3*%$# + 0*-* + 0*%'8$-[ + 3",$%'/(' + $ + 0'.'0",',$ + ,$ + &*-'%+
,$0"#^$#+%`.",'#+0*-+?"%-$]'[+'+?*%-'()*+,$+*?"0"'"#+,*+$R=%0"&*+4%"&u/"0*+/)*+N"#'N'+'+
$/0*%'j`:3*#+'+&*-'%+,$0"#^$#+.*%+0*/&'+.%9.%"'B+M+$#&%2&2%'+,$+0*-'/,*+,'+*%8'/"]'()*+
$%'+'2&*%"&`%"' +$+,$-'#"','-$/&$ +0$/&%'3"]','[ +.%"N'/,*+#24*%,"/',*# +,$+,$-*/#&%'%+
12'"#12$%+0'.'0",',$#+,$+"/"0"'&"N'B+<-+%$3'()*+a+'2&*%",',$[+*+0*-'/,'/&$+/*+$R=%0"&*+
#$+.%$*02.'N'+-'"#+0*-+'+'.'%i/0"'+,*#+#24*%,"/',*#+$+0*-+#$2+'##$"*+,*+12$+0*-+
#2'#+'.&",^$#+&`&"0'#B
V'#+%$N"#&'#+12$+0"%023'N'-+$/&%$+'#+'%-'#[+.*,$-*# +.$%0$4$%+$##$ +"+5)*+ ,*+
*?"0"'3:0'N'3D$"%*+'&%'N=#+,*#+'/_/0"*#+12$+0"%023'N'-+$/&%$+'#+-'&=%"'#E+/'#+%$N"#&'#+,'+
"/?'/&'%"'[+&"0t$&#+.'%'+*+&$'&%*+*2+.'%'+.'%&",'#+,$+?2&$4*3[+'/_/0"*#+,$+'%&"8*#+,$+32R*m+
/'+0'N'3'%"'[+0*/N"&$#+.'%'+$R.*#"()*+,$+0'N'3*#[+'/_/0"*#+,$+N$/,'+,$+$12".'-$/&*+,$+
0'('+$+.93*B+g"$%+0*-.'%'+$##'#+%$N"#&'#+a+%$N"#&'+12$+0"%023'N'+$/&%$+*#+*?"0"'"#+,'+bMA+
GU)G&6#@3.#I)./"+ O+b$'3+A*%('+M=%$'I[+12$+.*##25'+'%&"8*#+-'"#+&=0/"0*#+12$+'#+,*+
$R=%0"&*[+$+-$#-*+*#+'/_/0"*#+$%'-+0*/N"&$#+'+$R.*#"(^$#+,$+$12".'-$/&*+'$%*/`2&"0*+
*2+,$-*/#&%'(^$#+,$+/*N*#+'N'/(*#+&$0/*398"0*#+/'+`%$'+,$+-*&*%$#+*2+'%-'-$/&*#+
Gg"$%[+XpppE+XFYIB
A*%' + ,'# + '%-'# + &%',"0"*/'"# + ,' + ?*%('[ + ' + 82$%%' + -$0'/"]',' + $/0*/&%*2 + 4*'+
'0*3D",'B+L*-*+'/'3"#'+<3"]'4$&D+g"$%[+*+#"#&$-'+%$8"-$/&'3+4%"&u/"0*+/)*+0*/#$82"'+
Fq
?*%/$0$%+2-+$#.5%"&*+,$+0*%.*+12$+2/"##$+&*,'+'+0*%.*%'()*[+&*%/'/,*+*+$R=%0"&*+2-'+
?*%('+2/",'[+-'#+2-'+0*3$()*+,$+%$8"-$/&*#[+12$[+0*-*+j`+N"-*#[+?'N*%$0"'+*+0*/&%*3$+
0"N"3+.$3*+.'%3'-$/&*+Gg"$%[+XpppE+XFFIB+
P# + *?"0"'"# +,*# +%'-*# +&=0/"0*# + ,'+ ?*%('[+ -$/*# +&%',"0"*/'"#[ + 0*-* + *# +U)G&6 #
<':3'"".*[+$%'-+%$0%2&',*# +$+&%$"/',*# +,$+-'/$"%' +,"?$%$/&$ +,'# +'%-'# +&%',"0"*/'"#[+
%$0$4$/,*+2-'+?*%-'()*+-'"#+&=0/"0'+$+-'"#+0'%%$"%"#&'+12$+#$2#+0*3$8'#+,'#+'%-'#+
0*-4'&$/&$#B + <3$# + .$%0$4$%'- + '# + -2,'/('# + 12$ + N"/D'- + *0*%%$/,* + /' + 0*/,2()* + ,'+
82$%%' + -*,$%/' + $ + %$0*/D$0$%'- + '# + /$0$##",',$# + ,' + -$0'/"]'()* + '/&$# + ,'# + ,$-'"#+
'%-'#[+-'#+?*%'-+.%"N',*#+,'+-2,'/('+.*%+/)*+&$%$-+*+.*,$%+&%',"0"*/'3-$/&$+,',*+a#+
'%-'#+0*-4'&$/&$#+,$/&%*+,'+*%8'/"]'()*B+
L*/032"/,*[ + .*,$:#$ + .$%0$4$% + 12$ + * + <R=%0"&* + Q%"&u/"0*[ + 0*-.*#&* + $- + #$2+
#"#&$-' +%$8"-$/&'3[ +.*##25'+2-' +12'/&",',$ +,$+023&2%'# +,"?$%$/&$# +,$/&%*+,'+-$#-'+
?*%('[+ $-+ 12$+ 0','+ 2-' + %$'8"' + ,$+-'/$"%' +,"?$%$/&$ +$- +?'0$ +,' +-$0'/"]'()* +$+ ,$+
-'"*%$#+-2,'/('#+/'+$#&%2&2%'+$+&`&"0'+,'+*%8'/"]'()*B+L*-+"##*[+'#+",="'#+$+*+.*&$/0"'3+
12$+'+-$0'/"]'()*+,'+82$%%'[+$+0*-+"##*+*+2#*+,$+0'%%*#+,$+0*-4'&$[+/2/0'+.'##*2+,'+
?'#$+0*/0$"&2'3B+V$-+-$#-*+12'/,*+&*,'+'+'%-'+,$+0'N'3'%"'+.'##*2+'+#$%+-$0'/"]','+
$+&%$"/','+.$3*+U)G&6#9&'P#;).2*[+/'+-$&',$+,'+,=0','+,$+XpFWm+*#+%$8"-$/&*#+'"/,'+
-'/&"/D'-+#$2#+$-43$-'#[+#2'#+&%',"(^$#+$+#$2#+0*#&2-$#B++
UZB5+KH]MOLOL
P# + ?%'/0$#$#[ + ,"?$%$/&$ + ,*# + 4%"&u/"0*#[ + #$ + ,$,"0'%'- + -2"&* + $- + $#&2,'% + '#+
.*##5N$"#+c3"(^$#d+,$"R','#+.$3'+r+;2$%%'+62/,"'3B+H$/,*+#*?%",*+$-+#$2+&$%%"&9%"*+'+
-'"*%+.'%&$+,'#+8%'/,$#+4'&'3D'#+,'+r+;2$%%'[+.'8'/,*+0'%*+.*%+-'/&$%+2-'+,*2&%"/'+
*?$/#"N'+/'+82$%%'+,$+&%"/0D$"%'#+.*%+&$-.*+,$-'"#+$+.*%+,$#$j'%$-+%$02.$%'%+#$2+#*3*+'+
&*,*+02#&*B
M+A%'/('[+/*+.$%5*,*+$/&%$+:+82$%%'#[+#$+$/0*/&%'N'+$-+#"&2'()*+.'%$0",'+0*-+'+
,*#+4%"&u/"0*#E+/)*+,$#$j'N'+*2&%'+82$%%'+$+'+$N"&'%"'[+-'#+#'4"'+12$+-$#-*+0*-+&*,'#+
'#+%$#&%"(^$#+"-.*#&'#+a+M3$-'/D'+.$3*+H%'&',*+,$+K$%#'3D$#[+$3'+.*,"'+*0*%%$%B+V*+
0$/`%"*+$#&%'&=8"0*[+'+A%'/('+,"?$%"'+,*#+4%"&u/"0*#+.*%+?']$%+?%*/&$"%'+0*-+'+M3$-'/D'[+
#$/,*+*+.*,$%+0*/&"/$/&'3+12$+?']"'+?%$/&$+'+$3$#+G'3=-+,'+b_##"'[+/$#&'+=.*0'[+@b>>IB+
!$#&$+-*,*[+'+A%'/('+&%'&*2+,$+.x%+$-+.%`&"0'+'#+-$#-'#+.%$0'2(^$#+12$+&*-*2+
'/&$# + ,$ + XpXYB + Q2#0*2 + %$'3"]'% + '3"'/('# + $ + &%'&',*# + 0*- + .'5#$# + 12$ + $/N*3N"'- + '+
M3$-'/D'[+,$+-'/$"%'+'+,"##2',"%+*#+'3$-)$#+,$+*#+'&'0'%$-[+-'#+.%"/0".'3-$/&$+.'%'+
Fp
$N"&'%+/*N'-$/&$+*+$-.%$8*+,$+8%'/,$#+12'/&",',$#+,$+0",',)*#+?%'/0$#$#+/'+?%$/&$+,$+
4'&'3D'B+L*-+'#+'3"'/('#[+*#+?%'/0$#$#+.%*02%'N'-+0*-.'%&"3D'%+'+%$#.*/#'4"3",',$+,$+
,$&$%+'+M3$-'/D'[+$+&'-4=-+,$+%$,2]"%+'+12'/&",',$+,$+4'"R'#+12$+.2,$##$-+%$#23&'%+
,*+?2&2%*+0*/?3"&*+G62%%'f[+XpphE+XFIB
P4#$%N'/,*+*+-$"*+$#&%'&=8"0*+?%'/0i#[+.*,$-*#+.$%0$4$%+12$+$3$+$%'+?'N*%`N$3+
'*+,$#$/N*3N"-$/&*+,$+2-'+,*2&%"/'+*?$/#"N'+$-+12$+#$+.*,$%"'-+2#'%+*#+$3$-$/&*#+,'+
82$%%'+-$0'/"]','B+M+M3$-'/D'+.*##25'+2-'+?*%('+.$12$/'+$+3"-"&','[+#$+0*-.'%','+
'* + $R=%0"&* + ?%'/0i#[ + #$- + ?*%(' + '=%$' + $ + N$5023*# + 43"/,',*# + ,$ + 12'312$% + &".*[ + $-+
0*/#$1yi/0"'+,*+H%'&',*+,$+K$%#'3D$#B+<%'+,$+#$+#2.*%+12$+$##'+?*%('+/)*+#$%"'+0'.']+
,$+#2.*%&'%+2-+'&'12$+?%'/0i#+,$+8%'/,$#+.%*.*%(^$#[+'"/,'+-'"#+#$+0*-4"/',*+0*-+
$3$-$/&*# + -$0'/"]',*# + $ + '=%$*#B + !$N",* + '* + 0*-.%*-$&"-$/&* + ?%'/0i# + 0*- + #$2#+
'3"',*#[+#2'+.%*.*#&'+,*2&%"/`%"'+,$N$%"'+.*##2"%+2-+0'%`&$% +*?$/#"N*B+</&%$&'/&*[ +*#+
?%'/0$#$# +'0'4'%'-+#$+.%$.'%'/,*+,$+*2&%'+?*%-' +.'%'+*+.%9R"-* +0*/?3"&* +G62%%'f[+
XpphE+XZIB
P# + '#.$0&*# + "/&$%/*# + '0'4'%'- + .$#'/,* + /'# + ,$0"#^$# + $#&%'&=8"0'# + ?%'/0$#'#B+
7%"-$"%'-$/&$[ + * + $?$"&* + 12$ + ' + r + ;2$%%' + 62/,"'3 + &$N$ + #*4%$ + ' + #*0"$,',$ + ?%'/0$#'+
"/?32$/0"*2+*+-*,*+0*-*+0"N"#+$+-"3"&'%$#+42#0'%'-+#$+.%$.'%'%+.'%'+2-+/*N*+0*/?3"&*B+
L*-+"##*[+'# +3"(^$# +-"3"&'%$# +,' +82$%%'+'/&$%"*% +'0'4'%'- +#$/,*+"/&$%.%$&','# +.$3*#+
?%'/0$#$#+'.$/'#+,$+-'/$"%'+'+$R.3"0'%+*+12$+$3$#+12$%"'-+12$+?*##$+#2'+c/*N'+&$*%"'+,'+
N"&9%"'d+G62%%'f[+XpphE+FXB+g"$%[+XpppE+FpIB+
P# +?%'/0$#$# +0%$,"&'%'- +*+/_-$%* +,$+4'"R'# +#*?%",'# +/'+r+;2$%%'+'*+0'%`&$%+
*?$/#"N*+,$?$/,",*+.$3*+$R=%0"&*+?%'/0i#+'/&$%"*%+'+XpXY[+12$+$-+.'%&$+/)*+$%'+-'"#+
0*/,"]$/&$+0*-+'+82$%%'+-*,$%/'+12$+#$+,$#$/N*3N"'+j`+,$#,$+*+#=023*+vrvB+P+0'%`&$%+
*?$/#"N*+.%=:r+;2$%%'+,*+$R=%0"&*+?%'/0i#[+12$+/)*+0*/,"]"'+0*-+*#+/*N*#+-=&*,*#+,$+
82$%%'[+#$+,$N"'+'*+"/0$/&"N*+023&2%'3+,',*+'*+#*3,',*+?%'/0i#+.$3'+-'/2&$/()*+,$+2-+
$#.5%"&*+*?$/#"N*+0*/#&'/&$B +W--"'*"#\#)%+.&'/"[+0*-* +$%'+,$/*-"/',* +$#&$ +$#.5%"&*[+
&$%"'+2-+$?$"&*+,$N'#&',*%+#*4%$+'+-$-9%"'+,*#+?%'/0$#$#+/*+.$%5*,*+$/&%$+:+82$%%'#B
>*-',* + a + $N",$/&$ + ,$-*/#&%'()* + ,' + #2.$%"*%",',$ + ,$?$/#"N' + ,*# + /*N*#+
'%-'-$/&*#+,$+&"%*+%`.",*+$+"/,"%$&*[+2-'+,'#+0*/032#^$#+'+12$+*#+?%'/0$#$#+0D$8'%'-+
$%'+,$+12$+'+,$?$#'+&"/D'+.%$.*/,$%u/0"'+&`&"0'+$+$#&%'&=8"0'+/*#+0'-.*# +,$+4'&'3D'+
-*,$%/'m+$+,$+12$+.'%'+0*/&%*3'%+*+.*,$%+,$+?*8*+/$0$##`%"*+.'%'+%*-.i:3'#+#$%"'-+
/$0$##`%"'# + 8%'/,$# + 2/",',$# + 0*/,2]",'# + ,$ + -'/$"%' + 0$/&%'3"]',' + $ + %"8",'-$/&$+
0*/&%*3','#B+M+,$?$#'+,'#+?*%&'3$]'#+$-+&*%/*+,'+0",',$+,$+K$%,2/[+$-+XpXh[+#$%"'+.'%'+
YW
*#+?%'/0$#$#+*+$R$-.3*+$-43$-`&"0*+,'+#2.$%"*%",',$+,'+,$?$#'+#*4%$+*+'&'12$+Gg"$%[+
XpppE+YXIB
P#+-"3"&'%$#+?%'/0$#$#[+'*+?"-+,'+r+;2$%%'+62/,"'3[+,"#0*%%"'-+$/&%$+'+,*2&%"/'+
*?$/#"N'+$+,$?$/#"N'+0*-*+-$3D*%+*.()*+.'%'+'+A%'/('B+!2%'/&$+.'%&$+,'+,=0','+,$+
XpCW[+'+,*2&%"/'+*?$/#"N'+$%'+'+*.()*+,*#+-"3"&'%$#[+-'#+-$#-*+'##"-+$#&'+/)*+$%'+
2/'/"-",',$+$/&%$+$3$#+Gg"$%[+XpppE+kXIB+M+3$-4%'/('+,'+4'&'3D'+,$+K$%,2/+&%']"'+a+
-$-9%"' + ,*# + ?%'/0$#$# + ' + #2.%$-'0"' + 12$ + ' + ,$?$#' + &$N$ + /' + 82$%%' + .'##','B + <##'+
3$-4%'/('[+12$+#$+&*%/*2+-'"#+?*%&$+/*+"-'8"/`%"*+?%'/0i#+/'+,=0','+,$+XpFW[+'0'4*2+
0*/N$/0$/,* + .*35&"0*# + $ + -"3"&'%$# + ,$ + 12$ + 2-' + *.()* + ,$?$/#"N' + $%' + N'/&'j*#' + Gg"$%[+
XpppE+YXB+62%%'f[+XpphE+FCIB++
7'%'+*#+,$?$/#*%$#+,'+82$%%'+-$0'/"]','[+*+.$%5*,*+3*8*+'.9#+*+?"-+,'+r+;2$%%'+
3D$#+?*"+?'N*%`N$3B+P+;$/$%'3+<#&"$//$[+0%"',*%+?%'/0i#+,*#+0'%%*#+,$+0*-4'&$[+$%'+2-+
,$?$/#*% + ,* + 2#* + ,*# + N$5023*# + $- + 8%'/,$ + 12'/&",',$ + $ + *.$%'/,* + ,$ + -'/$"%'+
"/,$.$/,$/&$[ +$ +*4&"/D' +'.*"*+/)*+#9+,$+2-' +12'/&",',$ +0*/#",$%`N$3 +,$+*?"0"'"# +a+
=.*0'[+-'#+&'-4=-+,*+0D$?$+,*+<#&',*+6'"*%+,*+<R=%0"&*+?%'/0i#[+;$/$%'3+Q2'&B+
<-4*%'+*#+0'%%*#+,$+0*-4'&$+&"N$##$-+"/"0"'3-$/&$+,$#"8/',*#+0*-*+$3$-$/&*#+
,$+'.*"*+a+"/?'/&'%"'[+'*+3*/8*+,'+,=0','+,$+XpCW+#2'+?2/()*+#$%"'+0*/#&'/&$-$/&$+
,$4'&",'+.$3'+*?"0"'3",',$+?%'/0$#'[+12$+%$0*/D$0$%"'+.*%+-2"&'#+N$]$#+'+.*&$/0"'3",',$+
,*+2#*+*?$/#"N*+,*#+0'%%*#+,$+0*-4'&$+*.$%'/,*+,$+-'/$"%'+"/,$.$/,$/&$+G62%%'f[+
XpphE+FFB+g"$%[+XpppE+YYIB+
V' + ,=0',' + ,$ + XpFW[ + .*%=-[ + * + ,$4'&$ + #$%"' + %$,2]",*[ + $ + $-4*%' + *# + 0'%%*# + ,$+
0*-4'&$+?*##$-+"/032#"N$+&$#&',*#+/$#&'+?2/()*+$-+'382/#+$R$%050"*# +'&=+2-+.*20*+
'/&$# + ,' + rr + ;2$%%'[ + * + 0*-'/,* + ?%'/0i# + D$#"&'N' + $- + Ni:3*# + 0*-* + ' + .$(' + .%"/0".'3+
*?$/#"N' + .'%' + #$2 + $R=%0"&*B + P + .%*0$##* + ,$ + -$0'/"]'()* + '0'4'%"' + &%'/#?*%-'/,* + '#+
,"N"#^$#+,$+0'N'3'%"'+$-+?*%-'(^$#+,$+0'%%*#+,$+0*-4'&$[+-'#+0*-*+'&$#&'+*+-'/2'3+,$+
$-.%$8* + ,*# + 0'%%*# + ,$ + 0*-4'&$ + ?%'/0i# + ,$ + XpFk[ + #2' + .%"/0".'3 + ?2/()* + '"/,' + $%'+
0*/#",$%','+0*-*+,$+'.*"*+a+"/?'/&'%"'+G62%%'f[+XpphE+FFB+g"$%[+XpppE+YhIB
M+*.()*+,$?$/#"N'+&"/D'+'.*"*+.*%+.'%&$+,*#+0"N"#B+M+3$-4%'/(' +,'+*?$/#"N'+
'3$-) + $- + XpXY + $ + ,' + *02.'()* + ,$ + &$%%"&9%"* + ?%'/0i# + ,2%'/&$ + ' + 82$%%' + $R.3"0' + '+
.%$*02.'()* + ,*# + .*35&"0*# + $- + 42#0'% + 2- + 0'%`&$% + ,$?$/#"N* + .'%' + *# + -"3"&'%$#B + !$+
0*/#",$%`N$3+"-.*%&u/0"'+$%'+*+?'&*+,$+12$+'+-'"*%+.'%&$+,'#+"/,_#&%"'#+?%'/0$#'#+?"0'N'+
.%9R"-'+a+?%*/&$"%'+0*-+M3$-'/D'+$+Q=38"0'[+*+12$+&*%/'N'+#2'+,$?$#'+2-'+/$0$##",',$+
.'%' + * + $#?*%(* + ,$ + 82$%%' + ?%'/0i# + G62%%'f[ + XpphE + FCIB + r##* + *# + 3$N*2 + a + ?*%-'()* + ,'+
-$/&'3",',$+$#&%'&=8"0'+,'+lr/N"*3'4"3",',$+,*+H$%%"&9%"*+A%'/0i#o[+,2%'/&$+'+,=0','+,$+
YX
XpCW[+12$+023.'N'+*+$R=%0"&*+,$+XpXY+.*%+.$%-"&"%+12$+$##'+`%$'+"/,2#&%"'3+&"N$##$+#",*+
*02.','+.$3*#+'3$-)$# +$+,$-'/,'N'+,$3$#+2-'+8'%'/&"'+,$+,$?$#'+#93",'+,$#&'+`%$'+
Gg"$%[+XpppE+YCIB++
!2%'/&$+'+,=0','+,$+XpFW[+*#+.*35&"0*#+?%'/0$#$#+'0'4'%'-+*.&'/,*+.*%+.$%-"&"%+
' + 0*/#&%2()* + ,$ + 2-' + $R&$/#' + %$,$ + ,$ + ?*%&"?"0'(^$# + /' + ?%*/&$"%' + ?%'/0$#' + 0*- + '+
M3$-'/D'[ + 0*/D$0",' + .*% +R3'5& # F&:3')+[ + 12$ + 8'#&'%"' + .'%&$ + ,*# + %$02%#*# + -"3"&'%$#+
?%'/0$#$#[ + $- + #*3,',*# + $ + ?"/'/('#[ + .'%' + 8'%'/&"% + '*# + .*35&"0*# + ' + #$82%'/(' + 12$ + $3$#+
,$#$j'N'-+.'%'+'#+"/,_#&%"'#+?%'/0$#'#+/'+%$8")*B+
M+0*/#&%2()*+,' +R3'5&#F&:3')++ ?*%/$0"'+a+A%'/('+2-' +#=%"$+,$+?*%&"?"0'(^$#+
0*/#&%25,'# + $- + 3"/D' + '* + 3*/8* + ,' + ?%*/&$"%'[ + 12$ + .*,$%"' + #$%N"% + 0*-* + .%*&$()* + .'%'+
-'/*4%'+$-+2-'+82$%%'+-$0'/"]','[+0*-*+'0%$,"&'N'-+*#+-"3"&'%$#+?%'/0$#$#B+M+3"/D'+
&"/D'[+.*%&'/&*[+2-'+,2.3'+2&"3",',$[+12$+$%'+0*/#",$%','+_&"3+&'/&*+.$3*#+*?"0"'"#+12$+
',N*8'N'-+'+*.()*+*?$/#"N'+12'/&*+*#+?'N*%`N$"#+a+*.()*+,$?$/#"N'+Gg"$%[+XpppE+YCIB+
6'#+.*##2"2+-'"#+"-.*%&u/0"'+,$?$/#"N'[+,$N",*+a+*.()*+,*2&%"/`%"'+?%'/0$#'+,$+$#.$%'%+
*+'&'12$+'3$-)*+'/&$#+$+$/&)*+0*/&%':'&'0'%B+
P2&%*+-*&"N*+.'%'+,"?"023&'%+'+"/*N'()*+/*+$R=%0"&*+?%'/0i#+$%'+'+,"#.2&'+$/&%$+*#+
.*35&"0*# +,$+$#12$%,'+$+,$+,"%$"&'+?%'/0$#'+'+%$#.$"&*+,*+&".*+,$+?*%('+-"3"&'%+12$+*+
<#&',*+,$N$%"'+.*##2"%+"/&$%?$%"2+/*+-*,*+0*-*+*+0*-'/,*+?%'/0i#+.$/#'N'+$-+&%$"/'%+
$ + -'/&$% + #2'# + 2/",',$# + Gg"$%[ + XpppE + ZkIB + M + $#12$%,' + ?%'/0$#' + '0%$,"&'N' + 12$ + 2-+
$R=%0"&* + ,$ + 0*/#0%"&*# + $%' + -'"# + #$82%* + '*# + "/&$%$##$# + ?%'/0$#$#[ + $/12'/&* + ' + ,"%$"&'+
.%$?$%"' + 2-' + ?*%(' + -"3"&'% + .%*?"##"*/'3[ + 0*-.*#&' + .*% + #*3,',*# + ,$ + 0'%%$"%'[ + 4$-+
&%$"/',*#B+++++++
++
r#&* + #$ + ,'N' + .*%12$ + *# + .*35&"0*# + ,$ + $#12$%,' + &$-"'- + 12$ + 2- + $R=%0"&*+
.%*?"##"*/'3+.2,$##$+#$%+2&"3"]',*+0*/&%'+*#+0",',)*#+?%'/0$#$#+$-+0'#*+,$+0%"#$B+P#+
.*35&"0*#+,'+,"%$"&'[+.*%+*2&%*+3',*[+&$-"'-+12$+*+.*N*+.2,$##$+2#'%+*+0*/D$0"-$/&*+
-"3"&'%+'.%$/,",*+/*+&%$"/'-$/&*+0*/#0%"&*+0*/&%'+*+<#&',*[+/*+"/&2"&*+,$+?2/,'%+2-+
%$8"-$+#*0"'3"#&'B+M+,"#.2&'+'0'4*2+?'N*%$0$/,*+*+#$%N"(*+0*/#0%"&*[+D$%,$"%*+,*+RAC"" #
"'#F&**"[+-'#+0*-+%$#&%"(^$#+'*+&$-.*+,$+#$%N"(*[+&*%/'/,*:*+02%&*+*+4'#&'/&$+.'%'+12$+
'+,"%$"&'+?%'/0$#'+#$+#$/&"##$+#$82%'+Gg"$%[+XpppE+hFIB
M#+,"#.2&'#+.*35&"0'#+'0'4'%'-+$/N*3N$/,*+*#+-"3"&'%$#[+12$+*2+,$?$/,"'-+2-+
.$%5*,*+$R&$/#*+,$+&%$"/*+.'%'+*#+0*/#0%"&*#[+*2+.%$?$%"'-+2-+$R=%0"&*+,$+N*32/&`%"*#[+
&*&'3-$/&$+.%*?"##"*/'3[+*2+-$#-* +2-+-"#&* +,*#+,*"#[+#$/,*+12$+$#&'+_3&"-' +*.()*+
'0'4*2 + #$/,* + '0$"&'B + </&%$&'/&*[ + $##$ + $3$-$/&* + .%*?"##"*/'3 + '0'4'%"' + N"/023',* + a+
YC
.%*&$()* + ,' + `%$' + "/,2#&%"'3 + .%9R"-' + a + T"/D' + 6'8"/*&[ + #$/,* + N$,',' + #2' + 2&"3",',$+
*?$/#"N'+Gg"$%[+XpppE+kFIB+
<-4*%'+'+,"#.2&'+$-+&*%/*+,*+#$%N"(*+-"3"&'%+"-.2#$##$+2-+03"-'+,$+"/"-"]',$+
$/&%$+.*35&"0*#+$+8$/$%'"#[+"/#&"&20"*/'3-$/&$[+'+*%8'/"]'()*+-"3"&'%+&"/D'+3"4$%,',$+.'%'+
,$?"/"%+#2'#+,*2&%"/'#+*.$%'0"*/'"#B+<-+-'&=%"'+,$+%$02%#*#[+-$#-*+#*?%$/,*+'382/#+
'/*#+,$+%$,2()*[+*+$R=%0"&*+/)*+.'##*2+.*%+.%*43$-'# +,$+?'3&'+,$+$12".'-$/&*# +*2+
%$0%2&'#B +<-+%$3'()* +'*+-'&$%"'3[ +*# +0'%%*# +,$+0*-4'&$ +?%'/0$#$# +$%'- +-$3D*%$# +#$+
0*-.'%',*#+'*#+'3$-)$#E+&"/D'+-'"#+43"/,'8$-[+-$#-*+'%-'-$/&*+*2+-'"*%[+-$#-'+
N$3*0",',$B++
M + ?'3D' + ,* + $R=%0"&* + ?%'/0i# + $- + "/*N'% + .*,$ + #$% + $R.3"0',' + "/&$%/'-$/&$+
'/'3"#'/,* + #2' + ?*%-' + 023&2%'3 + ,$ + N$% + ' + 0*/,2()* + ,' + 82$%%' + $ + #2' + $#&%2&2%'+
*%8'/"]'0"*/'3B+
>$82/,*+S"33"'-#*/+62%%'f[+'+l',-"/"#&%'()*+,*+$R=%0"&*+?%'/0i#+.*##25'+2-+
.$#',$3* + ,$ + *%8'/"]'(^$# + 0%"','# + ,$ + -'/$"%' + $%%x/$' + $ + -'3 + ,"%$0"*/','#o[ + 12$ + /*+
.$%5*,*+,$+.']+#$%N"'-+.'%'+',-"/"#&%'% +'+*%8'/"]'()*[ +-'# +/)*+0*-'/,`:3'[+$+12$+
0*/#$1y$/&$-$/&$
/)* + $R"#&"' + 2- + #$&*% + 0*$%$/&$ + *2 + 0*/#"#&$/&$ + 0*- + * + 0*-'/,*[ + 0*/&%*3$ + $+
0*/,2()* + *.$%'0"*/'3 + ,' + *%8'/"]'()*[ + 12$ + ?*##$ + %$#.*/#`N$3 + $- + ,'% + a+
*%8'/"]'()*+-"3"&'%+2-'+,"%$()*+.'%'+,$#$/N*3N$%+/*N'#+,*2&%"/'#+*2+'%-'#B+M+
?%'8-$/&'()* + ,* + '3&* + 0*-'/,* + ,* + $R=%0"&* + ?%'/0i# + '0'4'N' + %$.%"-"/,*+
12'312$%+#*32()*+0%"'&"N'+.'%'+.%*43$-'#+,*2&%"/`%"*#+G62%%'f[+XpphE+FWIB+
++++
</&%$+*#+*?"0"'"#+8$/$%'"#+$+*#+0*-'/,'/&$#+,"%$&*#+,'#+2/",',$#+0*-4'&$/&$#+
D'N"'+2-+'4"#-*+,$+,"#&u/0"'[+0'2#','+.*%+2-'+023&2%'+*%8'/"]'0"*/'3+12$+0*/#",$%'N'+
*+*?50"*+,$+<#&',*+6'"*%+O+*+8$/$%'3'&*+$+'+0*/,2()*+,$+8%'/,$#+2/",',$#+O+0*-*+'38*+
0*-.3$R*+$+,$+,"?50"3+0*/&%*3$+.'%'+*#+*?"0"'"#+$-+8$%'3[+$+12$+N'3*%"]'N'+'+%"8",$]+,'+
'2&*%",',$+,*+#2.$%"*%+#*4%$+#$2#+#24*%,"/',*#B
M+?*%-'()*+,*+*?"0"'3+,$+<#&',*+6'"*%+$%'+%$'3"]','+.$3'+T/)6"#!%2".3"%."#(" #
[%".."[+$+'0'4*2+.%*-*N$/,*+*+#2%8"-$/&*+,$+2-+8%2.*+,$+*?"0"'"#+12$[+8%'('#+'*+0'*#+
',-"/"#&%'&"N* + ,' + *%8'/"]'()*[ + 0*/&%*3*2 + ' + 0'.'0",',$ + ,$ + ?*%-23'% + '# + ,*2&%"/'#+
-"3"&'%$#+$+0*/&%*3'%+,$&'3D$#+*.$%'0"*/'"#+,$+'0*%,*+0*-+#$2#+"/&$%$##$#B+<#&$+8%2.*+
'0'4*2 + .*% + '%&"023'% + 2-' + ,*2&%"/' + 0*/D$0",' + .*% +K&+&366" # /)'(%3+"[ + *2 + c4'&'3D'+
-$&9,"0'd+G62%%'f[+XpphE+FWB+g"$%[+XpppE+YWIB+
YF
M+,*2&%"/'+,$+c4'&'3D'+-$&9,"0'd+?*"+?*%-23','+'.9#+'+r+;2$%%'+62/,"'3[+'+.'%&"%+
,'#+.%"-$"%'#+3"(^$#+12$+*#+8$/$%'"#+?%'/0$#$#+&"%'%'-+'*+?"-+,*+0*/?3"&*B+P+?*8*+,$+
'%&"3D'%"'+$+'#+/*N'#+'%-'#+'2-$/&'%'-+'+3$&'3",',$+,*+0'-.*+,$+4'&'3D'+$+*#+?%'/0$#$#+
.'##'%'- + ' + N$% + * + $-.%$8* + -'0"(* + ,$ + .*,$% + ,$ + ?*8* + 0*-* + .$(' + $##$/0"'3 + .'%' + *+
,$#$/N*3N"-$/&*+,$+2-'+4'&'3D'[+$+$##'+.%$?$%i/0"'+.$3'+'%&"3D'%"'+&*%/'N'+-'/*4%'#+
%`.",'#+$+'N'/(*#+.%*?2/,*#+,"?50$"#+.'%'+*+0*/&%*3$+,$+?*8*B
L*- + "##*[ + ' + /$0$##",',$ + ,$ + #$ + 0*/&%*3'% + '# + 8%'/,$# + 2/",',$# + .'%' + &$% + '+
0'.'0",',$ + ,$ + .%*,2]"% + * + -`R"-* + ,$ + ?*8* + .*##5N$3 + '0'4*2 + #$/,* + $/?'&"]',*B + lM+
c4'&'3D' + -$&9,"0'd + "-.3"0'N' + $- + *.$%'(^$# + $R&%$-'-$/&$ + 0'3023','# + $ + %"8",'-$/&$+
0*/&%*3','#[+*/,$+&*,'#+'#+2/",',$#+$+'%-'#+$%'-+02",',*#'-$/&$+,"%"8",'#+#$82"/,*+
2-+ 0%*/*8%'-' +-$&"023*#*o +Gg"$%[ +XpppE +YWIB+ P+ .*,$%+,$ +?*8*+ $+2-' + $#&%2&2%' + ,$+
0*-'/,* + 0$/&%'3"]',* + &"/D'- + .%$0$,i/0"' + #*4%$ + -*4"3",',$ + $ + "/"0"'&"N'[ + 12$ + $%'-+
$##$/0"'"#+/'+0*/,2()*+,'+82$%%'+-$0'/"]','B+
M# + 3"(^$# + -"3"&'%$# + 12$ + .*,$%"'- + #$% + '.%$$/,",'# + 0*- + * + $#&2,* + ,' + 82$%%'+
'/&$%"*%+#9+.*##25'-+%$#.'3,*+&=0/"0*+#$+.'##'##$-+.$3' +T/)6"[+12$+-'/&"/D'+#*4+#$2+
0*/&%*3$+*#+8%2.*#+,$+$#&2,*+#*4%$+'+r+;2$%%'B+L*-+"##*[+'+T/)6"#'0'4*2+.*%+$#0*3D$%+
$#&2,'%+'.$/'#+'#+4'&'3D'#+$-+12$+*0*%%$%'-+#"&2'(^$#+,$+$-.%$8*+,$+.*,$%+,$+?*8*+
-'0"(*+$+%58",*+0*/&%*3$+#*4%$+'#+2/",',$#+G62%%'f[+XpphE+FCB+g"$%[+XpppE+YZIB
L*-*+0*/#$1yi/0"'[+*#+-"3"&'%$#+?%'/0$#$#+$/02%&'%'-+*+?*0*+#*4%$+'#+3"(^$#+
12$+'+r+;2$%%'+*?$%$0"'[ +"8/*%'/,*+-2,'/('# +"-.*%&'/&$# +12$+.*,$%"'- +'j2,`:3*#+'+
$/&$/,$%+*+$-.%$8* +,*#+0'%%*# +,$+0*-4'&$+/'+82$%%'+-$0'/"]','[+$-+$#.$0"'3+.'%'+
$/&$/,$% + 0*-* + *# + '3$-)$# + *# + 2#'%"'-[ + j` + 12$ + $3$# + &"/D'- + "/?*%-'(^$# + #*4%$ + '#+
-2,'/('#+,*2&%"/`%"'#+'3$-)#+$+$-+0*-*+$3$#+'#+$-.%$8'%"'-+Gg"$%[+XpppE+YkIB+<+-'"#+
'"/,'[ + ' + 0%$/(' + /' + l4'&'3D' + -$&9,"0'o + &$%-"/*2 + ?']$/,* + *# + *?"0"'"# + ?%'/0$#$#+
#2.$%N'3*%"]'%$- + ' + 0'.'0",',$ + ,* + .*,$% + ,$ + ?*8* + $- + 4'%%'% + *?$/#"N'# + "/"-"8'# + O+
j2#&'-$/&$+.'%&$+,*+12$+$3$#+N"%'-+*0*%%$%+/'+r+;2$%%'+Gg"$%[+XpppE+YZIB
L*/?*%-$ + "' + .'##'/,* + ' + ,=0',' + ,$ + XpFW[ + * + 0*-'/,* + ?%'/0i# + .$%0$4$2 + '+
/$0$##",',$ + ,$ + %$'3"]'% + '382-'# + -2,'/('# + /* + $R=%0"&*[ + ,$ + -*,* + ' + &*%/`:3* + -'"#+
*?$/#"N*B+6'#+#$-+-*,"?"0'%+'+,*2&%"/'[+$+,$N",*+a#+"/,$0"#^$#+,*+'3&*+0*-'/,*+?%'/0i#+
12'/&*+a+?*%-'()*+$+2&"3"]'()*+,$+,"N"#^$#+43"/,','#[+$##'#+-2,'/('# +*0*%%$%'-+,$+
-*,*+3$/&*[+#$-+'+G,$N",'I+.%"*%",',$+12$+-$%$0"'-+G62%%'f[+XpphE+FFIB+
<3"]'4$&D+g"$%+$R.3"0'+12$+'+023&2%'+*%8'/"]'0"*/'3+,*+$R=%0"&*+?%'/0i#+#$%N"2+
.'%' + 43*12$'% + ' + "/*N'()*B + <3' + '?"%-' + 12$ + l$- + XpCq + * + $R=%0"&* + ?%'/0i# + .*##25' + *+
,"/D$"%*+$+'#+",="'#o+.'%'+?*%-'%+2-'+'%-'+43"/,','+/*#+-*3,$#+,$#$/N*3N",*#+.$3*+
YY
$R=%0"&*+'3$-)*[+-'#+12$+$#&$+,$#$/N*3N"-$/&*+/)*+?*"+$-+?%$/&$+.*%12$+*#+l*?"0"'"#+
?%'/0$#$#+'0%$,"&'N'-+12$+*+#*3,',*+0*/#0%"&*[+0*-+'.$/'#+2-+'/*+,$+&%$"/'-$/&*[+$%'+
_&"3+'.$/'#+.'%'+*+,$#$/N*3N"-$/&*+,$+2-+.3'/*+,$+82$%%'+,$?$/#"N'o+Gg"$%[+XpppE+kX:
kFIB+
7'%' + ' + *%8'/"]'()*[ + '# + &%*.'# + 0*- + 2- + '/* + ,$ + &%$"/'-$/&* + /)* + ',12"%"'- + '+
0*$#)*+/$0$##`%"'+.'%'+%$'3"]'%+*.$%'(^$#+*?$/#"N'#[+$+/$-+0*/#$82"%"'-+#$+?'-"3"'%"]'%+
0*-+*+$12".'-$/&*+,'+82$%%'+-$0'/"]','+$-+&)*+.*20*+&$-.*+'+.*/&*+,$+2&"3"]`:3*+,'+
-$3D*%+-'/$"%'+.*##5N$3B+P+2#*+$-+*.$%'(^$#+,$+,$?$#'+$%'+$R.3"0',*+.*%+#$%+'+*.()*+
$#&%'&=8"0'+12$+0'2#'%"'+-$/*#+$#&%$##$+'*#+cj*N$/#d+#*3,',*#B+
M+82$%%'+-$0'/"]','[+#$82/,*+*#+,$?$/#*%$#+,'+l4'&'3D'+-$&9,"0'o[+#9+.*,$%"'+
#$% + $/#"/',' + ' + #*3,',*# + .%*?"##"*/'"#B + <##' + 0%$/(' + /' + "/0'.'0",',$ + ,$ + 0*/#0%"&*#+
'.%$/,$%$- + *# + -=&*,*# + ,' + 82$%%' + -$0'/"]',' + '0'4*2 + ?']$/,* + 0*- + 12$ + -$#-* + *#+
*?"0"'"#+?'N*%`N$"#+'*+2#*+$-+-'##'+,*#+0'%%*#+,$+0*-4'&$+*.&'##$-+.*%+2-'+82$%%'+
,$?$/#"N'+Gg"$%[+XpppE+khIB+
g"$%+,"]+12$+'+*%8'/"]'()*+-"3"&'%+?%'/0$#'[+$-+N"#&'+,$+2-+'-4"$/&$+$R&$%/*+
12$ + ' + ,$#?'N*%$0"'[ + #$ + ?$0D*2 + ?*%&'3$0$/,* + #2' + 023&2%' + *%8'/"]'0"*/'3[ + &*%/'/,*:#$+
"/0'.']+,$+N$%+$R$-.3*#+$R&$%/*#+12$+,$-*/#&%'##$-+*#+$%%*#+,$+#2'+,*2&%"/'B+P+2#*+,$+
43"/,',*#+$-+-'##'+.$3*#+.%9.%"*#+?%'/0$#$#+/*+6'%%*0*#[+/'+,=0','+,$+XpCW[+'+;2$%%'+
L"N"3+<#.'/D*3'+$-+XpFh+0*-+'+.'%&"0".'()*+,$+2/",',$#+43"/,','#+'3$-)#+$+#*N"=&"0'#[+
'&=+-$#-*+.'5#$#+12$+2&"3"]'N'-+0*/#0%"&*#+0*-+,*2&%"/'#+*?$/#"N'#+G'+M3$-'/D'+0*-*+
$R$-.3*+.%"/0".'3I[+?*%'-+,$#0*/#",$%',*#+.$3*#+*?"0"'"#+?%'/0$#$#+Gg"$%[+XpppE+kkIB+
L*/?*%-$+.'##'N'+'+,=0','+,$+XpFW[+*+$R=%0"&*+?%'/0i#+"'+&%'/#?*%-'/,*+#$2+
,$4'&$+,*2&%"/`%"*+$-+2-+,*8-'[+"8/*%'/,*+12'"#12$%+*2&%'#+*.(^$#+12$+.2,$##$-+#$%+
'.%$#$/&','# + -$#-* + ,$/&%* + ,' + .%9.%"' + *%8'/"]'()*E + 02%#*# + #*4%$ + * + $-.%$8* + ,$+
43"/,',*#+$-+-'##'+*?$/#"N'+$%'-+,',*#+,$/&%*+,'+.%9.%"'+T/)6"#!%2".3"%."#("#[%".."B+
6'#+'.9#+,$"R'%+*+'-4"$/&$+,$+$#&2,*#[+*2+'+`%$'+,$+$R$%050"*#[+*+*?"0"'3+/)*+$/0*/&%'N'+
'-4"$/&$+/'+*%8'/"]'()*+12$+?'N*%$0$##$+*+2#*+,'#+",="'#+'.%$/,",'#B+
M0%$,"&'/,*+/'+0*-.3$R",',$+*.$%'0"*/'3+$+/'+%"8",$]+$#&%2&2%'3+'*+0*/,2]"%+
$R=%0"&*#+$-+-'/*4%'#m+/'+0'.'0",',$+,*+.*,$%+,$+?*8*[+,'+'%&"3D'%"'+$-+$#.$0"'3[+$-+
.'%'%+'# +?*%('# +"/"-"8'#m +$+/'+"/2&"3",',$ +*?$/#"N'+,$+2-+$R=%0"&* +,$+0*/#0%"&*#[+*#+
?%'/0$#$#+'0'4'%'-+#$+.%$.'%'/,*+.'%'+*+0*/?3"&*+#$82"/&$[+-'#+,$+2-+-*,*+12$+$#&$+
,$N$%"'+#$%+*.$%'0"*/'3-$/&$+",i/&"0*+'*+0*/?3"&*+'/&$%"*%+.'%'+?'N*%$0i:3*#+Gg"$%[+XpppE+
YWB+62%%'f[+XpphE+FYIB++
YZ
UZU5)IO[hOL
M + %$'()* + '3$-) + a# + $R.$%"i/0"'# + ,' + r + ;2$%%' + 62/,"'3 + ?*" + ,"?$%$/&$ + ,'# + ,$+
4%"&u/"0*#+$+?%'/0$#$#B+M"/,'+$-+&$-.*+,$+82$%%'[+$-+%$'()*+'*+"-.'##$+.%*N*0',*+.$3'+
82$%%' + ,$ + &%"/0D$"%'#[ + *# + '3$-)$# + 42#0'%'- + 2-' + %$#.*#&' + *.$%'0"*/'3[ + 2&"3"]'/,* + '#+
&`&"0'#+,$+"/?"3&%'()*+$-+#2'#+/*N'#+?*%-'(^$#+,$+!+))*+.%22"'Y][+'#+&%*.'#+,$+'##'3&*B+
<3'#+"/N',"'-+'+3"/D'+,$+&%"/0D$"%'#+0*-+'.*"*+,$+?*8*+.%$0"#*+,$+'%&"3D'%"'+$+'N"'()*[+
0*/&*%/'/,*+*#+.*/&*#+?*%&$#+$R"#&$/&$#+$+?3'/12$'/,*:*#B+
6'# + 0*/?*%-$ + * + 'N'/(* + .%*##$82"'[ + ' + 0'.'0",',$ + ,$ + -'/&$% + $##'# + &%*.'#+
'4'#&$0",'# +$%'+02%&'[+'##"-+0*-* +,$+'.*"`:3'# +0*-+'+'%&"3D'%"'[ +*+12$+'0'4'N'+.*%+
%$,2]"%+#$2+'N'/(*B+<##'#+,"?"023,',$#+*.$%'0"*/'"#+?*%'-+#$/&",'#+.'%&"023'%-$/&$+/'+
P?$/#"N' + ,$ + 7%"-'N$%'[ + ,$ + XpXq[ + 12$ + '0'4*2 + 0'2#'/,* + .$#','# + 4'"R'# + '* + $R=%0"&*+
'3$-)*[ + %$,2]"/,* + #$2 + -*%'3 + $ + ?"/'3-$/&$ + "/0'.'0"&'/,*:* + .'%' + -'/&$% + ' + 82$%%'[+
3$N'/,*+*#+8$/$%'"#+$+*+8*N$%/*+'3$-)*+'+.%*.*%+*+'%-"#&50"*+G6$##$/8$%[+XpkqE+XCYB+
;$f$%[+CWWXE+XXqB+62%%'f[+XpphE+FZIB+
!$%%*&','+'*+?"/'3+,'+r+;2$%%'+62/,"'3[+'+M3$-'/D'+&$N$+12$+'0$"&'%+2-+'0*%,*+
,$+.']+,$#*/%*#*[+12$+'+*4%"8'N'+'+0$,$%+&$%%"&9%"*+0*/12"#&',*+/'+82$%%'+,$+XqkW+$+'#+
0*3x/"'#+23&%'-'%"/'#[+.'8'%$-+0'%'#+0*-.$/#'(^$#+,$+82$%%'+a+A%'/('[+,$#-'/&$3'%+#2'+
"/,_#&%"'+,$+82$%%'+$+%$#&%"/8"%+#2'#+?*%('#+-"3"&'%$#+'+2-+/_-$%*+-5/"-*[+#$/,*:3D$#+
N$,','+'+?*%-'()*+,$+2-'+'N"'()*+,$+82$%%'+$+*+2#*+,$+0'%%*#+,$+0*-4'&$B++
7*,$:#$ + 0*/032"%[ + *4#$%N'/,* + *# + ?'&*%$# + $R&$%/*# + '* + $R=%0"&* + '3$-)*[ + 12$ + '+
0'.'0",',$+,$+"/*N'%+3D$#+?*"+,"?"023&','B+M+3"-"&'()*+12$+*+H%'&',*+,$+K$%#'3D$#+3D$#+
"-.x#[+'+.%"/05."*[+"-.*##"4"3"&'N'+*+,$#$/N*3N"-$/&*+,$+0'%%*#+,$+0*-4'&$+$+'N"^$#+,$+
82$%%'B+P+0*/&%*3$+#*4%$+*+&'-'/D*+,*+#$2+$R=%0"&*+$+#*4%$+#$2+'%-'-$/&*[+"-.*#&*+
.$3*#+'3"',*#[+N$&'N'+*+$R.$%"-$/&*+0*-+*#+$12".'-$/&*#+-*,$%/*#B+
r/&$%/'-$/&$[ + .*%=-[ + ' + *%8'/"]'()* + &$N$ + 3"4$%,',$ + .'%' + #$ + ,$#$/N*3N$%+
"/&$3$0&2'3-$/&$[+.%$.'%'/,*:#$+/*+0'-.*+,'#+",="'#+.'%'+'+.%9R"-'+82$%%'[+-$#-*+#$-+
.*##2"%+'"/,'+*+$12".'-$/&*+12$+'+.$%-"&"##$+N$/0$%B++++++
P+'-4"$/&$+,$/&%*+,'+M3$-'/D'+&'-4=-+$%'+*2&%*[+#$+0*-.'%',*+'*+4%"&u/"0*+$+
'*+?%'/0i#B+P+$#.5%"&*+'/&":4$3"0"#&'+/)*+8'/D*2+?*%('+$/&%$+'+#*0"$,',$+'3$-)+0*-*+
*0*%%$2+/'#+*2&%'#[+*+12$+?'N*%$0"'+#$2+$R=%0"&*B+L*-+3"4$%,',$+"/#&"&20"*/'3[+*+%$,2]",*+
Xq
+<-4*%'+2&"3"]','#+.$3*#+'3$-)$#[+'#+&`&"0'#+,$+"/?"3&%'()*+?*%'-+*%"8"/','#+,$+2-+?*3D$&*+$#0%"&*+.*%+2-+
*?"0"'3+?%'/0i#+,2%'/&$+*+"/"0"*+,'+r+;2$%%'B+P+0'."&)*+M/,%$+T'??'%82$[+$-+XpXh[+.%*.x#+-2,'/('#+/'#+
&`&"0'#+,'+"/?'/&'%"'+N"#'/,*+','.&`:3'#+'#+0*/,"(^$#+,'+82$%%'+,$+&%"/0D$"%'#B+</&%$&'/&*[+#2'#+",="'#+/)*+
%$0$4$%'-+*+'.*"*+,*+'3&*+0*-'/,*+?%'/0i#+G62%%'f[+XpphE+FW:FXIB+
Yh
$R=%0"&*+'3$-)*+O+U"3/5*O"5.+ O+.x,$+?*%-'%+#2'+.*35&"0'+$#&%'&=8"0'+"/,$.$/,$/&$+,*+
8*N$%/*+.*35&"0*B+6'#+-$#-*+0*-+$##'+3"4$%,',$[+'+*%8'/"]'()*+*.&*2+'+.%"/05."*+.*%+
-'/&$%+'+?*%-'()*+&%',"0"*/'3+,$+#2'+$#&%2&2%'+$+,*2&%"/'[+$-+2-+.%*8%'-'+0*/#$%N',*%+
G62%%'f[+XpphE+FhIB+
M&=+XpXq[+'+?*%-'()*+#*0"'3+,*#+*?"0"'"#+/*+$R=%0"&*+'3$-)*+$%'+2-+-"#&*+,$+
,$#0$/,$/&$# + ,' + /*4%$]' + '3$-) + G4`N'%' + $ + .%2##"'/'[ + .*% + $R$-.3*I[ + ?"3D*# + ,' + 03'##$+
"/,2#&%"'3+e2/t$%[+$+*#+%$0=-+',-"&",*#+-$-4%*#+,'+03'##$+-=,"'+'3$-)B+<-4*%'+?*##$+
2-'+?*%('+$R&%$-'-$/&$+.%*?"##"*/'3[+*+0*%.*+,$+*?"0"'"#+'3$-)*+&$/,"'+'+?'N*%$0$%+'#+
.%"-$"%'#+03'##$#+#*0"'"#+/'+3"#&'+,$+.%*-*(^$#[+$-+$#.$0"'3+#$+$%'-+.'%'+*+8$/$%'3'&*B+
6'#+*+.%*0$##*+.'%'+?*%-'%+*?"0"'"#+,$+<#&',*+6'"*%+$%'+.%"/0".'3-$/&$+"/&$3$0&2'3[+/)*+
"-.*%&'/,*+'+*%"8$-+#*0"'3+,*+*?"0"'3B++
P + H%'&',* + ,$ + K$%#'3D$# + *4%"8*2 + ' + *%8'/"]'()* + -"3"&'% + '3$-) + ' + %$,2]"% + #$2#+
12',%*#[+"/032#"N$+*+,$+*?"0"'"#[+$+"-.x#+'*+#$2+0*-'/,'/&$[+8$/$%'3+\'/#+N*/+>$$0t&[+
%$'3"]'%+-2,'/('+#_4"&'+$+,%'-`&"0'+/'+023&2%'+-"3"&'%+,'+*%8'/"]'()*[+$#0*3D$/,*+*+&".*+
,$+0*-.*#"()*+$+#"#&$-'+,$+N'3*%$#+12$+#$%N"%"'-+'*+U"3/5*O"5.+/*#+.%9R"-*#+'/*#B+
<3$+&"/D'[+$-+XpXp[+'#+#$82"/&$#+*.(^$#E+*#+*?"0"'"#+,$+<#&',*+6'"*%[+*2+#$j'[+*+
0*%.* + "/&$3$0&2'3m + *# + D$%9"# + ,$ + 3"/D' + ,$ + ?%$/&$[ + 12$ + .*##25'- + ' + $R.$%"i/0"' + .%`&"0'+
',12"%",'+/'+82$%%'m+$+*#+12$+$%'-+3"8',*#+.*35&"0'+$+#*0"'3-$/&$+O+/*4%$#+$+-$-4%*#+
,'+03'##$+'3&'B+>$$0t&+$#0*3D$2+*+.%"-$"%*+8%2.*+,$+*?"0"'"#[+0*-+2-+"+5)*+023&2%'3+12$+
$/?'&"]'N' + ' + $R0$3i/0"' + "/&$3$0&2'3[ + &`&"0' + $ + *.$%'0"*/'3 + ,*# + *?"0"'"#[ + * + 12$ + '0'4*2+
"/?32$/0"'/,*+*+%$#&'/&$+,'+*%8'/"]'()*+/*+-*,*+0*-*+'#+3"(^$#+-"3"&'%$#+,'+82$%%'+,$+
XpXY+#$%"'-+'.%$$/,",'#+$+,$#$/N*3N",'#+/*+.$%5*,*+$/&%$+:+82$%%'#+G62%%'f[+XpphE+FhB+
;$f$%[+CWWXEXCCIB
A*%-*2:#$ + /' +U"3/5*O"5.+ 2- + '-4"$/&$ + .%*.50"* + .'%' + * + $#&2,* + ,*#+
'0*/&$0"-$/&*# + ,' + 82$%%' + '/&$%"*%[ + 12$ + .%*,2]"2 + 0*-* + %$#23&',*# + 0*/032#^$#+
"/&$3$0&2'3-$/&$+.%*?2/,'#[+D*/$#&'#+$+0*-.3$&'#+,'+r+;2$%%'+62/,"'3B+7'%'+N*/+>$$0t&[+
' + 82$%%' + $%' + %$'3"]',' + '&%'N=# + ,' + -'/*4%'[ + ' +^"_":%':*V.3":[ + $ + * + %$&*%/* + ' + $3'+
%$#*3N$%"'+*+"-.'##$+0%"',*+/*#+0'-.*#+,'+r+;2$%%'+62/,"'3B+<#&2,'%+*+0*/?3"&*+#$%"'+*+
-*,*+,$+%$#*3N$%+$##$+"-.'##$+$+N*3&'%+a+82$%%'+,$+-'/*4%'+G62%%'f[+XpphE+FkIB++
+ A*%'-+$/&)*+0%"',*#+Zk+0*-"&i#+.'%'+*+$#&2,*[+&*,*#+0*-.*#&*#+.*%+*?"0"'"#+
?*%-',*#+$-+#$%N"(*+,$+<#&',*+6'"*%+$+$#.$0"'3"#&'#+$-+#2'+`%$'B+L*-*+%$#23&',*[+$3$#+
,$N$%"'- + '.%$#$/&'% + 2- + %$3'&9%"* + 0*/0"#*[ + %$#.*/,$/,* + 2-' + #=%"$ + .%=:,$?"/",' + ,$+
.*20'#+12$#&^$#+12$+$/?'&"]'N'-+/*N",',$#+.%*N"/,'#+,*+0*/?3"&*+,$+XpXY:XpXqB+<#&$#+
%$#23&',*#+'j2,'%'-+*+$R=%0"&*+'+&$%+2-'+,$?"/"()*+'+%$#.$"&*+,'#+-2,'/('#+12$+$#&'N'-+
Yk
*0*%%$/,*+0*-+'+82$%%'+-*,$%/'[+$+,$+12$+,"%$()*+&*-'%+.'%'+'2-$/&'%+#2'+$?"0"i/0"'+
*.$%'0"*/'3+G62%%'f[+CWWXE+XZqIB
M+?*%-'()*+,$+2-+$/&$/,"-$/&*+0*-.%$$/#"N*+$+%$'3"#&'+,'+/'&2%$]'+,'+82$%%'+
-*,$%/'+?*"+?'0"3"&','+.*%12$+'+023&2%'+*%8'/"]'0"*/'3+,*+$R=%0"&*+'3$-)*+.$%-"&"'+'*#+
*?"0"'"#[+"/,$.$/,$/&$+,'+0',$"'+,$+0*-'/,*[+-'/"?$#&'%+'4$%&'-$/&$+#2'#+*."/"^$#+'+
%$#.$"&* + ,* + 12$ + .*,$%"' + $#&'% + $%%',*[ + *2 + .*,$%"' + #$% + -$3D*%',*[ + /*# + $R$%050"*# + $+
$R.$%"-$/&*# + 12$ + $%'- + %$'3"]',*#[ + ?*##$- + /*# + 02%#*# + ,$ + <#&',* + 6'"*% + *2 + /*#+
&%$"/'-$/&*#+,'#+2/",',$#+G62%%'f[+XpphE+FXYIB
P + 2#* + ,' + "-'8"/'()* + $%' + 3'%8'-$/&$ + "/0$/&"N',* + /*# + $#&2,*#[ + #$%N"/,* + .'%'+
#24#&"&2"%+*+$R$%050"*+%$'3[+j`+12$+*+$R=%0"&*+'3$-)*+/)*+.*,"'+&$%+0'%%*#+,$+0*-4'&$[+
'N"^$#+$+,$-'"#+2/",',$#+43"/,','#B+M+%$,2()*+,$+3"-"&$#+'*+12$#&"*/'-$/&*+"/&$3$0&2'3+
'2-$/&'N' + ' + 12'/&",',$ + ,$ + 12$#&^$# + $ + ,_N",'# + ' + %$#.$"&* + ,' + 82$%%' + -*,$%/' + $ + ,*+
#$/&",*+12$+$3'+.*,$%"'+&*-'%B+<+'+%$#*32()*+,$+&'"#+,_N",'#+.$%-"&"'+-*,"?"0'%+'#.$0&*#+
$#&%2&2%'"# +$+*.$%'0"*/'"# +,$+-*,* +'+'.$%?$"(*`:3*#[+*2+#$j'[+'.%$/,$%+0*-+*#+$%%*#+
0*-$&",*#+G62%%'f[+CWWXE+XZpIB+
M3=- + ,' + 3"4$%,',$ + "/&$3$0&2'3[ + ' + 023&2%' + *%8'/"]'0"*/'3 + ,* + $R=%0"&* + '3$-)*[+
,"?$%$/&$+,*#+,$-'"#[+$%'+-'"#+'4$%&'+a+"/"0"'&"N'+,*#+*?"0"'"#+#24'3&$%/*#[+$-+12$#&^$#+
&`&"0'#+$+*.$%'0"*/'"#B+@-'+N"#)*+&%',"0"*/'3+,'+*%8'/"]'()*+'+%$#.$"&*+,'+0*/0$.()*+,$+
*.$%'(^$#+-"3"&'%$#[+0*/0$4",'+,2%'/&$+*+#=023*+vrv[+$%'+,$+12$+$3'#+/)*+.*,"'-+#$%+
$R"8",'#+%"8",'-$/&$+$+,$&'3D','-$/&$B+M#+*%,$/#+,$N$%"'-+#$%+02%&'#+$+03'%'#B+L*-*+
#"/&$&"]*2 + * + 8$/$%'3 + \$3-2&D + N*/ + 6*3&t$[ + 0*-'/,'/&$ + .%2##"'/* + ,'# + 82$%%'# + ,$+
2/"?"0'()*+'3$-)[+lV)*+D`+.3'/*+12$+#*4%$N"N'+'*+0*/&'&*+0*-+*+0*%.*+.%"/0".'3+,*+
"/"-"8*Bo+!$+*?"0"'"#+'+#*3,',*#[+&*,*+*+$R=%0"&*+$-+-'%0D'+,$N$%"'+$#&'%+.%$.'%',*+
.'%'+12'312$%+#"&2'()*[+$#.$%','+*2+"/$#.$%','[+12$+N"$##$+'+'0*/&$0$%B+<##$+#"#&$-'[+
0*/D$0",* + 0*-* +@%-+.&:*+&P+3P #G/* + "/83i# +,3**3)' # +&/+3/*[ + *2 +,3**3)' # /),,&'(#
'&2'3-$/&$B+V)*+?*%'-+$/0*/&%','#+&%',2(^$#+.'%'+*+.*%&282i#I[+0*/#"#&"'+$-+0*/0$4$%+
'.$/'#+'#+*%,$/#+/$0$##`%"'#+.'%'+*+02-.%"-$/&*+,'+-"##)*[+,$"R'/,*+'*#+$R$02&*%$#+
,'+-"##)*+*+,"%$"&*+,$+$#0*3D$%+*+-=&*,*+.'%'+%$'3"]`:3'+GL"&"/*[+CWWYE+XqB+62%%'f[+
XpphEFqIB+
P+0*/0$"&*+,'+@%-+.&:*+&P+3P#'j2,'N'+'#,$#0$/&%'3"]'%+'+0',$"'+,$+0*-'/,*[+'38*+
$##$/0"'3 +/'+0*/,2()*+,' +^"_":%':*V.3":B+P4%"8'N'+&*,*#+*# +*?"0"'"# +,'+0',$"' +,$+
0*-'/,*+'+$#&'%$-+?'-"3"'%"]',*#+0*-+'+,*2&%"/'+-"3"&'%[+,$+-*,*+'+12$+$3$#+.2,$##$-+
%$'3"]'%+#$2+.%9.%"*+j238'-$/&*+'+%$#.$"&*+,$+#"&2'(^$#+*.$%'0"*/'"#[+$+&$%$-+"/"0"'&"N'+
Yq
.'%' + '8"%B + !$-'/,'N' + &'-4=- + 2-' + ,*2&%"/' + -"3"&'% + 0*/0"#'[ + 0*$%$/&$ + 0*- + &*,' + '+
0'.'0",',$+*.$%'0"*/'3+,*+$R=%0"&*+GL"&"/*[+CWWYE+XpB+62%%'f[+XpphE+YXIB+
L*-* + %$#23&',* + ,$#&$ + '-4"$/&$[ + ?*%-*2:#$ + * +9.%22"'-%5.%':[ + * + -'/2'3 + ,$+
3",$%'/('+,*+$R=%0"&*+'3$-)*[+,2%'/&$+*#+'/*#+,$+XpFF+$+XpFYB+V$3$+#$+N"'+*+%$#23&',*+,'+
023&2%' + *%8'/"]'0"*/'3 + '3$-)[ + /2-' + ,*2&%"/' + -"3"&'% + 0*$%$/&$[ + 12$ + "/0$/&"N'N' + '+
"/"0"'&"N'+$+%'0"*05/"*+,*#+*?"0"'"#[+'3=-+,$+?'0"3"&'%+'+"/&$8%'()*+,*#+-$"*#+,$+0*-4'&$+
$R"#&$/&$#+G0'N'3'%"'[+'%&"3D'%"'[+"/?'/&'%"'I+$+,$+.$%-"&"%+$#.'(*+.'%'+'+"/032#)*+,$+/*N*#+
-$"*# + G0'%%*# + ,$ + 0*-4'&$[ + 'N"'()*I + $ + 0*/0$"&*# + G82$%%' + -$0'/"]','I + .'%' + #$%$-+
2&"3"]',*# + $- + *.$%'(^$# + ,$#0$/&%'3"]','# + $ + ,$ + '3&' + -*4"3",',$ + G;$f$%[ + CWWXE + XFkB+
62%%'f[+CWWXE+XZqB+XpphE+FXZIB++++
M+'#0$/#)*+V']"#&'+'*+.*,$%+/'+M3$-'/D'+$+*+0*/#$1y$/&$+%$'%-'-$/&*+,'#+
?*%('#+'%-','#+%$$12".*2+*+$R=%0"&*[+-'#+*+.%"/0".'3+?'&*%[+12$+$%'+$/&$/,$%+*+$-.%$8*+
,'# +'%-'# +#*3"0"&','# +$+%$0$4",'#[ +j`+$R"#&"' +$-+&*,*# +*# +/5N$"# +,' +*%8'/"]'()*B +P#+
.%*.*/$/&$# + ,' + '%-' + 43"/,',' + '3$-) + O + '# + ,"N"#^$# +X&'1".+ O + &"N$%'-[ + 8%'('# + a+
?3$R"4"3",',$+*%8'/"]'0"*/'3[+$#.'(*+.'%'+0*3*0'%+#2'#+",="'#+$+Ni:3'#+#$/,*+$#&2,','#+$+
&$#&','#+.*%+'-.3*#+#$&*%$#+,$/&%*+,'+*%8'/"]'()*[+&'/&*+.*%+*?"0"'"#+?'N*%`N$"#+12'/&*+
.$3*#+12$+$%'-+'N$##*#+a#+#2'#+",="'#B++7*%+_3&"-*[+'+*%8'/"]'()*+?*"+0'.']+,$+.$%0$4$%+
'+"-.*%&u/0"'+,$#&$#+*?"0"'"#+$+,'%:3D$#+'#+.%*-*(^$#+/$0$##`%"'#+.'%'+12$+#2'#+",="'#+
?*##$-+0*/#*3",','#XpB
UZC52S[jHKHchS*
+L*-.'%'/,*+*#+$R=%0"&*#+?%'/0i#[+4%"&u/"0*+$+'3$-)*[+.*,$:#$+"/?$%"%+'+%$#.$"&*+
,'+"-.*%&u/0"'+,'+023&2%'+*%8'/"]'0"*/'3+/'+%$'3"]'()*+,$+&%'/#?*%-'(^$#+$+"/*N'()*+
,$/&%*+,'+*%8'/"]'()*+-"3"&'%B+P+12$+#$+$/?'&"]*2+'12"+?*"+'+/$0$##",',$+,$+D'N$%[+/'+
*%8'/"]'()*+12$+.%$&$/,$+"/*N'%[+2-+'-4"$/&$+"/#&"&20"*/'3+12$+0'.'0"&$+*#+-$-4%*#+,'+
*%8'/"]'()*+'+$#&2,'%+$+-$3D*%'%+#$2#+0*/D$0"-$/&*#+'0$%0'+,'+/'&2%$]'+,'+82$%%'[+0*-+
'+,$N",'+0D'/0$+,$+$R.3*%'%+$##$#+0*/D$0"-$/&*#+$+$R.$%"-$/&`:3*#+$-+$R$%050"*#+*2+
j*8*#+,$+82$%%'[+#$-+12$+'+*%8'/"]'()*+%$#&%"/j'+*2+3"-"&$+$##$#+$R.$%"-$/&*#+'+.*/&*#+
,*8-'&"0'-$/&$+,$&$%-"/',*#B+
Xp
+P+.%"/0".'3+$R$-.3*+,"##*+?*"+*+8$/$%'3+\$"/]+;2,$%"'/B+L*%*/$3+/'+,=0','+,$+XpFW[+$3$+$+,$-'"#+
*?"0"'"#+3$N'%'-+',"'/&$+*+.%*0$##*+,$+?*%-'()*+,'#+,"N"#^$#+2&'1".B+6$#-*+/)*+%$0$4$/,*+'+$#&"-'+,$+
'382/#+*?"0"'"#+0*-'/,'/&$#[+'+"/*N'()*+.%*##$82"2+,$N",*+'*+$/&$/,"-$/&*+*%8'/"]'0"*/'3+,$+12$+#2'+
',*()*+$%'+/$0$##`%"'B+;2,$%"'/[+12$+$/0'4$(*2+$##$+.%*0$##*[+#24"2+%'.",'-$/&$+/'+0'%%$"%'[+#$/,*+*+
.%"-$"%*+8$/$%'3+,$+43"/,',*#+,'+O"5.,&/5+[+*+<R=%0"&*+M3$-)*+,'+rr+;2$%%'+62/,"'3+G6'0t#$f[+XpkYIB
Yp
H'-4=-+#$+Ni+'+/$0$##",',$+,'+*%8'/"]'()*+-"3"&'%+$-+,$#$j'%+'+&%'/#?*%-'()*[+
42#0'/,*+,$?"/":3'+$+,"%$0"*/'/,*+&*,'+'+0',$"'+*%8'/"]'0"*/'3+/*+#$/&",*+$#&'4$3$0",*B+
<##'+,$?"/"()*+,$N$+#$%+0**%,$/','+$+,"%$0"*/','+.$3*+0*-'/,*+,'+*%8'/"]'()*[+12$+
&$-+,$+,'%+'*#+"/*N',*%$#+*+,$N",*+$#.'(*+.'%'+12$+#2'#+",="'#+.*##'-+0D$8'%+&'/&*+'*#+
/5N$"#+#2.$%"*%$#+12'/&*+'*#+"/?$%"*%$#+/'+*%8'/"]'()*B
M.9#+*4#$%N'%+'#+*%8'/"]'(^$#+-"3"&'%$#+12$+$#&'N'-+a+?%$/&$+,'+"/*N'()*+,'+
-*&*:-$0'/"]'()*[+#$82"%:#$:`+'*+0'#*+*0*%%",*+/*+Q%'#"3B+M/&$#+,$+'/'3"#'%+'+-*&*:
-$0'/"]'()* + /* + <R=%0"&* + Q%'#"3$"%*[ + /* + $/&'/&*[ + ,$N$:#$ + &$% + ' + /*()* + ,$ + 0*-* + #$+
$/0*/&%'N'+$#&'+*%8'/"]'()*+-"3"&'%+/'+.%"-$"%'+-$&',$+,*+#=023*+vvB+r##*+#$%`+N"#&*+'+
#$82"%B
++++++++++
ZW
C*F*-/(%&"#<)67/*(/*%=0&2#./*>&)'#,%#&/:*
CZ@53H]SKH[H*H]_OK^SK*k*-^LLhS*TO*#]L_KbchS
P + <R=%0"&* + Q%'#"3$"%* + "/"0"*2 + * + #=023* + vv + ,$?'#',* + $- + '%-'-$/&*[+
$12".'-$/&*[+'12'%&$3'-$/&*[+&=0/"0'+$+&`&"0'B+<##'#+/$0$##",',$#+j`+$%'-+$N",$/&$#+'*+
?"-+,*+8*N$%/*+r-.$%"'3[+12'/,*+*+,$#0'#*+,*+.*,$%+.*35&"0*+$-+%$3'()*+'+%$03'-'(^$#+
,*# + -"3"&'%$# + %$?$%$/&$# + ' + "/&$%$##$# + .'%&"023'%$# + 3$N*2 + ' + 2- + 8*3.$ + ,$ + <#&',*[+
&%'/#?*%-'/,*+*+.'5#+$-+2-'+%$._43"0'B+
M+.%"/0".'3+?2/()*+,*+<R=%0"&*+$-+4*'+.'%&$+,*+.$%5*,*+r-.$%"'3+$+/*+"/50"*+,*+
.$%5*,*+ %$.243"0'/* + $%'+ '+ ,$+-'/&$% + '+ *%,$-+ "/&$%/' +,*+ .'5#CWB+<-4*%' + D*2N$##$-+
*0*%%",*+0*/?3"&*#+$R&$%/*#+'*+3*/8*+,*+#=023*+vrv[+0*-*+'+;2$%%'+,*+7'%'82'"+GXqhY:
XqkWI[+'+.'%&"%+,'+#$82/,'+-$&',$+,*+#=023*[+*+<R=%0"&*+?*"+-'"#+2&"3"]',*+0*-*+?*%('+
%$.%$##"N'[+0*/&%'+%$N*3&'#+"/&$%/'#B++
!"##$/#^$#+$/&%$+*+8'4"/$&$+,*+8*N$%/*+"-.$%"'3+$+*+$R=%0"&*+023-"/'%'-+0*-+'+
,$.*#"()*[ + .*% + $#&$ + _3&"-*[ + ,* + "-.$%',*% + !B + 7$,%* + rr + $ + ' + "/#&"&2"()* + ,* + %$8"-$+
%$.243"0'/* + /* + Q%'#"3[ + &$/,* + -"3"&'%$# + 0*-* + #$2# + ,*"# + .%"-$"%*# + .%$#",$/&$#[ + *#+
-'%$0D'"#+!$*,*%*+$+A3*%"'/*+7$"R*&*B++
T*8*+'.9#+'+.%*03'-'()*+,'+b$._43"0'[+$-+Xqqp[+*+<R=%0"&*+.%$0"#*2+2#'%+'+
?*%('+.'%'+0*/#*3",'%+*+/*N*+%$8"-$[+/*+12$+?"0*2+0*/D$0",*+0*-*+'+b$._43"0'+,'+
<#.','B+M+b$N*3&'+,'+M%-','[+$-+XqpC[+&$N$+-$-4%*#+,'#+?*%('#+'%-','#+,*#+,*"#+
3',*#+,*+0*/?3"&*+$+#$+%$#2-"2+'+-'"#+2-'+%$N*3&'+"/&$%/'B+M#+&`&"0'#+2&"3"]','#+'"/,'+
$%'-+'#+-$#-'#+2#','#+,2%'/&$+'+;2$%%'+,*+7'%'82'"B+P+,$#8'#&$+.*35&"0*+,*#+-"3"&'%$#[+
-$#-* + 0*- + ' + N"&9%"' + #*4%$ + *# + %$N*3&*#*#[ + ?$] + 0*- + 12$ + * + .*,$% + .'##'##$ + .'%' + 2-+
.%$#",$/&$ + 0"N"3[ + 7%2,$/&$ + ,$ + 6*%'"#[ + ,'/,* + "/50"* + '* + 12$ + D*j$ + #$ + 0*/D$0$ + 0*-*+
b$._43"0'+K$3D'B+
CW
+L*/#&'+0*-*+?2/()*+,'#+AAMM+/*+Q%'#"3[+/'+L*/#&"&2"()*+,$+XqpX[+M%&"8*+XY[+'+l,$?$#'+,'+7`&%"'+/*+
$R&$%"*%+$+'+-'/2&$/()*+,'#+3$"#+/*+"/&$%"*%oB+
ZX
L'/2,*#CX[+$-+Xqpk[+?*"+'+_3&"-'+,'#+%$N*3&'#+*0*%%",'#+/*+#=023*+vrv[+#$+/)*+
?*##$-+*#+%$N$]$#+#*?%",*#+.$3'#+&%*.'#+?$,$%'"#+&)*+#=%"*#[+,$-*/#&%'/,*+'+.%$0'%"$,',$+
$-+12$+#$+$/0*/&%'N'+'+A*%('+'&=+-$#-*+.'%'+0*/&$%+,"#&_%4"*#+"/&$%/*#B+
P+0*/?3"&*+$-+L'/2,*#+#$%N"2+.'%'+,$-*/#&%'%+12$+2-'+.*/&'%"'+.%$0"#'+=+0'.']+
,$+#*4%$.2j'%+2-+"/"-"8*+-'"#+?*%&$+$-+/_-$%*+$+$12".'-$/&*B+<#&'+*4#$%N'()*+?*"+
0$%&'-$/&$+?%2&*+,*+%$#23&',*+,'#+.%"-$"%'#+?*%('#+$/N"','#+'+L'/2,*#[+,$+#*3,',*#+-'3+
&%$"/',*#[+0*/,2]",*#+.*%+*?"0"'"#+0*-+.*20*+0*/D$0"-$/&*+-"3"&'%+$+,$%%*&','#+.*%+
#$%&'/$j*#+,$0",",*#+'+,$?$/,$%+*+M%%'"'3[+$+.%$0"#*#+$-+#$2#+,"#.'%*#B
M + $#0'##$] + ,$ + $12".'-$/&*[ + 12'%&="# + $ + '&= + -$#-* + ,$ + #*3,',*# + &'-4=- + ?*"+
'0$/&2','B +M#+,"?"023,',$# +$-+#2.%"%+'#+&%*.'#[+'12'%&$3`:3'#+$+&%$"/`:3'# +$-+&*,*+*+
$#.'(*+&$%%"&*%"'3+4%'#"3$"%*+$%'+"-$/#*B+M2-$/&*2+ '"/,'+-'"#+#$+3$N'%-*#+$-+0*/&'+'+
#"&2'()*+,*+.'5#E+2-'+$0*/*-"'+'8%*$R.*%&',*%'[+12$+&"/D'+/$0$##",',$+,$+"-.*%&'%+
12'312$%+-'&$%"'3+"/,2#&%"'3"]',*[+0*-*+*+'%-'-$/&*B
M+?'3&'+,$+"/#&%2()*+,*#+*?"0"'"#+/*#+0*-4'&$#+$+/'+3*85#&"0'+,2%'/&$+'+0'-.'/D'+
,$+L'/2,*#+?*"+-*#&%'+,$+0*-*+*+<R=%0"&*+$#&'N'+,$#.%$.'%',*+.'%'+02-.%"%+12'312$%+
-"##)* + 12$ + 3D$ + ?*##$ + ,$#"8/','B + P# + %$N$]$# + #*?%",*# + #$%N"%'- + 0*-* + '&$#&',* + ,'+
/$0$##",',$+,$+-2,'/('#+/'+?*%-'()*+,'+&%*.'[+&'/&*+,$+*?"0"'"#+12'/&*+,$+.%'('#B
P+<R=%0"&*+Q%'#"3$"%*+,*+?"-+,*+#=023*+vrv+$+"/50"*+,*+#=023*+vv+$%'+0*-.*#&*+
.*%+"/,"N5,2*#+N"/,*#+,'#+-'%8$/#+,'+#*0"$,',$B+>2'#+2/",',$#+&"/D'-+*#+12',%*#+,$+
.%'('#+0*-.*#&*#+.*%+#$%&'/$j*#+?28",*#+,'+#$0'[+0%"-"/*#*#[+"/0'.']$#+$+D*-$/#+12$+
/)*+0*/#$82"'-+$-.%$8*+$-+/$/D2-+*2&%*+3*0'3B+V)*+$%'-+%'%*#+#*3,',*#+%$0%2&',*#+
/'+4'#$+,*+l3'(*o[+#$%N"/,*+0*/&%'+#2'+N*/&',$+G60L'//[+CWWkUE+XXW+$+XXpm+L'%N'3D*[+
CWWhE+XYIB
>$2 + &%$"/'-$/&* + $%' + -5/"-*[ + $ + * + '12'%&$3'-$/&* + $%' + "-.%*N"#',* + $- + 3*0'"#+
'328',*# + *2 + &$%%$/*# + ,"#&'/&$# + ,'# + `%$'# + 2%4'/'#B + M# + ?'-53"'# + -*%'N'- + ,$/&%* + ,*+
CX
+L'/2,*#+$%'+2-+'%%'"'3+?*%-',*+.*%+#$82",*%$#+,$+2-+%$3"8"*#*+3*0'3+0*/D$0",*+0*-*+M/&*/"*+
L*/#$3D$"%*B+L*-+*+0%$#0"-$/&*+,*+'%%'"'3[+,$N",*+a+#*-'+,$+-2"&*#+#$%&'/$j*#+?28",*#+,'+#$0'[+*#+
*3"8'%0'#+3*0'"#+.'##'%'-+'+#$+.%$*02.'%+0*-+#2'+$R"#&i/0"'[+12$+$%'+0*/&%',"&9%"'+'+#$2#+"/&$%$##$#+,$+
0*/&%*3$+$+,$+.*,$%+/'+%$8")*B+P#+4*'&*#+,$+12$+*+'%%'"'3+&"/D'+",="'#+-*/'%12"#&'#+$+12$+?*%-'N'+2-+
8%'/,$+$R$%0"&*+3$N'%'-+*+.*,$%+?$,$%'3+'+,$#.'0D'%+&%*.'#+.'%'+,$4$3'%+*#+c"/#2%8$/&$#dB+V*+$/&'/&*[+
$-4*%'+/*+"/50"*+.*20*+'%-',*#[+*#+#$%&'/$j*#+0*/#$82"%'-+%$.$3"%+-'"#+,$+2-'+,'#+?*%('#+.2/"&"N'#[+
,$N",*+a+"/0'.'0",',$+,*#+*?"0"'"#+/*+0*-'/,*[+a+-`+?*%-'()*+,'#+&%*.'#+$+'+12'#$+/$/D2-'+$#&%2&2%'+
3*85#&"0'+,'#+-$#-'#+/'+0'-.'/D'B+M*+?"/'3[+L'/2,*#+?*"+'%%'#','+.$3'#+&%*.'#+?$,$%'"#[+12$+&$N$+
.%*N'N$3-$/&$+0"/0*+-"3+#*3,',*#+-*%&*#+$-+-$/*#+,$+2-+'/*+G60L'//[+CWWkE+hF:XWWIB
ZC
12'%&$3[+*2+%$0$4"'- +&$%%$/*+.%9R"-* +.'%'+D'4"&'%$-B +M##"-[ +-'%8"/'3"]',* +$-+#$2+
0'."&'3+D2-'/*+$+#$-+%$02%#*#+.'%'+0*/#&%2"%+$#.'(*#+.'%'+'#+2/",',$#[+/)*+$%'+,"?50"3+
$/&$/,$%+.*%+12$+'+*%8'/"]'()*+$%'+-'3+.$%0$4",'+.$3'+#*0"$,',$B
P+8*N$%/*+,'+b$._43"0'+K$3D'[+?*%-',*+.*%+*3"8'%12"'#+$#&',2'"#[+.%$]'N'+'+
"/,$.$/,i/0"'+%$8"*/'3+8'%'/&",'+.$3'+l7*35&"0'+,*#+;*N$%/',*%$#o[+'0*%,*+?$"&*+0*-+'#+
*3"8'%12"'#+$+*+8*N$%/*+?$,$%'3+,'12$3'+=.*0'[+,*+.%$#",$/&$+7%2,$/&$+,$+6*%'"#B+@-'+
?*%('+'%-','+/'#+-)*#+,*+.*,$%+?$,$%'3+$%'+2-+%"#0*+'*#+.*,$%$#+%$8"*/'"#[+12$+.*%+"##*+
0*/&'N'-+0*-+#2'#+.%9.%"'#+?*%('#+,$+#$82%'/('+/'#+.*350"'#+$#&',2'"#+$+2/",',$#+,'+
;2'%,'+V'0"*/'3CCB
M+#*0"$,',$+4%'#"3$"%'+0*/#",$%'N'+*+#$%N"(*+-"3"&'%+2-+#*?%"-$/&*[+$-+$#.$0"'3+
.'%'+*#+.%'('#[+-'#+'"/,'+',-"%'N'+'+0'%%$"%'+,$+*?"0"'3+,$N",*+a#+.'&$/&$#+$+a+.*-.'+,*+
0$%"-*/"'3 + -"3"&'%B + !$/&%$ + ' + $3"&$ + #*0"'3 + ,' + =.*0'[ + /)* + D'N"' + "/&$%$##$ + $- + #$82"% + '+
0'%%$"%'+-"3"&'%[+$-+.'%&$+.$3*#+-*&"N*#+j`+$R.*#&*#m+$+$-+.'%&$+,$N",*+a+$R"#&i/0"'+,'+
;2'%,' + V'0"*/'3E + 2-' + ?*%(' + -"3"0"'/' + 12$ + ?"0'N' + #*4 + * + 0*/&%*3$ + ,'# + *3"8'%12"'#+
$#&',2'"#[+*/,$+*#+3'&"?2/,"`%"*#+$+#$2#+?"3D*#+%$0$4"'-+.*#&*#+D*/*%`%"*#+,$+*?"0"'3[+
,'/,*:3D$#+'#+D*/%'%"'#+-"3"&'%$#+#$-+/$0$##",',$+,'+,"?50"3+?*%-'()*+$+$R$%050"*+,'+
?2/()*+,*+-"3"&'%+,$+0'%%$"%'B+
P+9%8)*+12$+,$N"'+#$+.%$*02.'%+$-+%$#*3N$%+'#+,"?"023,',$#+,'+*%8'/"]'()*[+*+
<#&',* + 6'"*% + ,* + <R=%0"&*[ + $%' + '"/,' + ,$ + %$0$/&$ + ?*%-'()* + GXqphI + CF[ + #$- + .$##*'3+
.%$.'%',*[+$+0'%$/&$+,$+&$%+,$?"/",'+#2'+?2/()*+.%"/0".'3+0*-*+$#&%2&2%',*%+,'+?*%('+
&$%%$#&%$B+
L*-*+%$##'3&'+*+D"#&*%"',*%+A%'/t+!B+60L'//E+
lM+'/`3"#$+12$+#$+?$]+'12"+#*4%$+*+<R=%0"&*+/*+/'#0$%+,*+#=023*+-*#&%'+2-'+
"/#&"&2"()*+03'-'/,*+.*%+%$?*%-'#B+Q*'+.'%&$+,'+'&$/()*+,$+#$2#+35,$%$#+/*#+
CC
+M#+2/",',$#+,$+.*350"'+$#&',2'"#[+$-+$#.$0"'3+'#+,$+>)*+7'23*+$+6"/'#+;$%'"#[+0D$8'%'-+'+#$%+-'"*%$#+$+
-$3D*%+&%$"/','#+12$+'#+?*%('#+?$,$%'"#+GL'%N'3D*[+CWWhE+ZqIB+M+;2'%,'+V'0"*/'3+&"/D'+*+.%*.9#"&*+,$+
'2R"3"'%+'#+$3"&$#+3*0'"#[+#$/,*+0*-'/,','#+.*%+.*35&"0*#+$+#*4+'+j2%"#,"()*+,*+6"/"#&=%"*+,'+e2#&"('[+
%"N'3"]'/,*+0*-+*+<R=%0"&*+$-+$12".'-$/&*+$+-'&$%"'3+D2-'/*+G60L'//[+CWWkE+XZFm+L'%N'3D*[+CWWhE+
ZkIB+
CF
+P%8'/"]',*+0*-*+#24#&"&2&*+,'+b$.'%&"()*+,*+Mj2,'/&$:;$/$%'3+$-+Xqph[+*+<#&',*:6'"*%+,*+<R=%0"&*+
%$&"/D'[+/$#&$+"/"0"*[+'.$/'#+'382-'#+?2/(^$#+',-"/"#&%'&"N'#[+$#&'/,*+#24*%,"/','#+'*+6"/"#&=%"*+,'+
;2$%%'+GQ'/D'[+XpqYE+FhIB
ZF
'/*# + #$82"/&$# + $#&'%"' + N*3&',' + .'%' + ,"N$%#*# + .%*j$&*# + ,$ + %$-*,$3'()*o+
G60L'//[+CWWkE+XCXIB
6'#+$#&$+.%*0$##*+,$+&%'/#?*%-'()*+#$%"'+3*/8*B+7*%+&*,'+'+.%"-$"%'+-$&',$+,*+
#=023*+vv[+*+<R=%0"&*+Q%'#"3$"%*+.'##'%"'+.*%+2-+.%*0$##*+,$+-*,$%/"]'()*[+02j*+"/"0"*+
=+.*##5N$3+,$+#$+.$%0$4$%+'/'3"#'/,*+'#+.%*.*#&'#+,$+%$?*%-'+,*#+6"/"#&%*#+,'+;2$%%'+
,$#&$+.$%5*,*B+L*-$('/,*+.$3*+6"/"#&=%"*+6'33$&[+12$+?*%/$0$%"'+'+4'#$+"/&$3$0&2'3+.'%'+
'#+%$?*%-'#E+P+c7%*j$&*+6'33$&d+G60L'//[+CWWkE+XWkIB
M* + '##2-"% + ' + .'#&' + $- + Xqpq[ + * + 6"/"#&%* + ,' + ;2$%%' + e*)* + V$.*-20$/* + ,$+
6$,$"%*# + 6'33$& + .$/#*2 + $- + %$$#&%2&2%'% + &*,* + * + <R=%0"&*B + <3$ + &$/&*2 + ?*%-'% + 2-'+
,*2&%"/'+*.$%'0"*/'3[+*4#$%N'/,*+*#+'N'/(*#+,*#+$R=%0"&*#+$#&%'/8$"%*#+/'+&$0/*3*8"'+,$+
'%-'-$/&*#m+42#0*2+%$?*%('%+*+&%$"/'-$/&*+&`&"0*+,'#+2/",',$#+'&%'N=#+,$+$R$%050"*#+$+
8%'/,$#+-'/*4%'#[+0*/0$/&%'/,*+'#+&%*.'#+$-+,"#&%"&*#+$+%$8"^$#+-"3"&'%$#+.'%'+?'0"3"&'%+
*+&%$"/'-$/&*+$+"/#.$()*+G60L'//[+CWWkE+XWhm+XWkB+6*&&'[+XppqE+CFXIB+
>2'#+",="'#+'0'4'%'-+"%%$'3"]`N$"#+,$N",*+a+"/0'.'0",',$+,*+<#&',*:6'"*%+,*+
<R=%0"&*+$-+$3'4*%'%+.%*j$&*#+,$+%$?*%-'#[+12$+#$82/,*+#$2+0*-'/,'/&$[+*+6'%$0D'3+
e*)*+HD*-']+L'/&2`%"'[+$#&'N'+%$0=-+?*%-',*+$+0*-+.*20*#+*?"0"'"#+0'.'0"&',*#+.'%'+
$R$%0$%+#2'#+?2/(^$#E
lr/#&"&2"()* + /*N' + $/&%$ + /9#[ + '"/,' + 12$ + -*,$3',' + .$3*# + .'5#$# + ',"'/&',*# + $+
-"3"&'%-$/&$+4$-+0*/#&"&25,*#[+/)*+.*,"'+0*-$('%+'+,'%+%$#23&',*#+12$+=+3"0"&*+
$#.$%'%+,$+#$2+%$823'%+?2/0"*/'-$/&*B+GBBBI+H$%)*+#$-+,2N",'+0*-.%$$/,",*+
'12$3$#+'+12$-+-$+,"%"j*+12$+'+$#0'##$]+,$+%$02%#*#+.'%'+*+$-.%$$/,"-$/&*+,$+
&)*+-_3&".3*#+#$%N"(*#+?*"+0*/#$1yi/0"'+,'+0%"#$+?"/'/0$"%'+12$+,*3*%*#'-$/&$+
'&%'N$##*2+*+.'5#Bo+GQ'/D'[+XpqYE+CYIB
+<+.%"/0".'3-$/&$+,$N",*+a+?'3&'+,$+%$02%#*#+,*+8*N$%/*+O+.%*43$-'+$##$+12$+#$+
-*#&%'%"' + %$0*%%$/&$B +M# + .%*.*#&'# + ,$+ %$?*%-'[ + $- +$#.$0"'3 + /*+ #"#&$-' +$,20'0"*/'3[+
#$%"'-+-'/&",'#B+
CZ@Z@5+SK[HchS*3KS\^LL^S]HI
ZY
!$#,$ +*+ ?"/'3 +,*+ #=023* + vrv[+' +8%'/,$ +-'"*%"' +,*# +*?"0"'"# + ,*+<R=%0"&* +$%'+
?*%-',' + /' + <#0*3' + 6"3"&'% + ,' + 7%'"' + K$%-$3D'[ + ' + -$#-' + $#0*3' + %$#.*/#`N$3 + .$3'+
?*%-'()*+,*#+*?"0"'"#+/*+.$%5*,*+"-.$%"'3B+P2&%'#+,2'#+$#0*3'#+$#&'N'-+'4$%&'#+/$##$+
.$%5*,*[+0*-*+$#0*3'#+,$+"/#&%2()*+.%`&"0'+$+&'-4=-+.%$.'%'&9%"'+.'%'+'+<#0*3'+,'+7%'"'+
K$%-$3D'E+'#+$#0*3'#+,$+b"*+7'%,*+$+b$'3$/8*B+
P+$/#"/*+-"/"#&%',*+/'+7%'"'+K$%-$3D'+,$#,$+XqpW+.*##25'+2-+0'%`&$%+$#&%'/D*+
'*+$#.5%"&*+-"3"&'%E+$%'+'0$/&2','-$/&$+'0',i-"0*[+&$9%"0*[+?"3*#9?"0*[+,*-"/',*+.$3'#+
",="'#+.*#"&"N"#&'#[+-2"&*+"/?32$/&$#+/'+=.*0'B+P#+.%"/05."*#+.'0"?"#&'#+,*+.*#"&"N"#-*+
-"/'N'-+12'312$%+?*%-'()*+N*3&','+a+'%&$+-"3"&'%B+</&%$+#$2#+'32/*#[+'+?*%-'()*+12$+
$%'+.%"N"3$8"','+$%'+'+,$+4'0D'%="#[+0*-+N"#&'#+'+$-.%$8*#+._43"0*#B+
l<%'+2-'+?*%-'()*+N*3&','+-'"#+.'%'+'+0*/#&%2()*+,*+Q%'#"3+,*+12$+.'%'+#2'+
,$?$#'B + H"/D' + -'"# + 0'%'0&$%5#&"0'# + ,$ + 2- + .%*8%'-' + ,$ + $#&2,* + 0"N"3 + ,* + 12$+
-"3"&'%[ + * + 0D'-',* + ?$/x-$/* + ,* + 4'0D'%$3"#-*B + M + $,20'()* + -"3"&'% + $%'+
-$/*#.%$]','B+P+.%9.%"*+<R=%0"&*+/)*+%$'3"]'N'+-'/*4%'#+,$#,$+XqqW[+$+*#+
.%'('# + $ + *?"0"'"# + %'%'-$/&$ + ?']"'- + &%$"/'-$/&* + ,$ + &"%* + '* + '3N*Bo + G60L'//[+
CWWkE+YXI++
P#+'32/*#[+-2"&*#+N"/,*#+,'+03'##$+-=,"'+$+4'"R'[+$/&%'N'-+.'%'+'+$#0*3'+,$N",*+
'+#2'+4*'+12'3",',$+,$+$/#"/*+$+.*%+#$%+8%'&2"&'[+$+.$3'+0D'/0$+,$+'#0$/#)*+#*0"'3+12$+*+
<R=%0"&*+.*,"'+,'%B+6'#+*+#$%N"(*+-"3"&'%+"/&$%$##'N'+'+.*20*#+,$#&$#+'32/*#+G60L'//[+
CWWkE+XXCm+XCWIB
{+=.*0'[+'+?*%-'()*+.%*?"##"*/'3+,*#+*?"0"'"#+/*+$R=%0"&*+#$+,"N","'+$-+,*"#+
8%2.*#E+*+,*#+l4'0D'%="#o+*2+l,*2&*%$#o[+-'"#+"/&$%$##',*#+/*+02%%5023*+'0',i-"0*m+$+*+
,*#+l&'%"-4$"%*#o[+12$+#$82"'-+'+?*%-'()*+-"3"&'%+&=0/"0'+$+.%`&"0'[+#$/,*+12$+'382/#+
,$#&$# + l&'%"-4$"%*#o + D'N"'- + '.%$/,",* + * + $/#"/* + -"3"&'% + /' + .%`&"0'[ + /' + ;2$%%' + ,*+
7'%'82'"B+<#&$#+*?"0"'"#[+$-+0*/&%'#&$+0*-+*#+?*%-',*#+/'#+'0',$-"'#[+&"/D'-+-'"#+
/*()*+,'#+/$0$##",',$#+,'+N",'+-"3"&'%[+.*%=-[+'0'4'N'-+,$#3*0',*#+.$3'#+,"?$%$/('#+
$- + %$3'()* + '* + *2&%* + 8%2.* + GL'%N'3D*[ + CWWYE + ChB + 60L'//[ + CWWkE + YW:YY[ + XXp:XCXB+
6'8'3D)$#[+XppqE+FCFIB++
ZZ
M + ,"N$%8i/0"' + $/&%$ + $#&$# + ,*"# + 8%2.*# + .*,$ + #$% + $/&$/,",' + 0*-* + * + -'%0* + ,'+
#"&2'()*+,*+$/#"/*+-"3"&'%+,*+$R=%0"&*+4%'#"3$"%*E+D'N"'+*+"/&$3$0&2'3+$+D'N"'+*+.%`&"0*[+
-'#+$%'+/$0$##`%"*+2-+-$"*+&$%-*m+2-+*?"0"'3+0*-+/*()*+,$+#2'#+?2/(^$#+.%*?"##"*/'"#+
$+"/#&%2()*+#2?"0"$/&$+.'%'+.$/#'%+/'#+-2,'/('#+12$+*0*%%"'-+/'+#2'+.%*?"##)*B++
A'3&'N'+.'%'+*+<R=%0"&*+'+?*%-'()*+,$+2-'+03'##$+,$+*?"0"'"#+.%*?"##"*/'"#+/'+
'%&$+-"3"&'%B+V)*+D'N"'+/$3$+2-+-$"*+"/&$3$0&2'3+12$+.$/#'##$+'+82$%%'B+M#+$#0*3'#+,$+
?*%-'()*+,*#+*?"0"'"#+.%$0"#'N'-+#$%+%$?*%-','#[+-'#+'#+0*/#&'/&$#+-2,'/('#+*0*%%",'#+
/*+#"#&$-'+$,20'0"*/'3+-"3"&'%+02#&'%"'-+'+?']$%+$?$"&*+/'+*%8'/"]'()*CYB+
L$/&%*+,$+,"N$%#*#+-*N"-$/&*# +.*35&"0*# +$+%$N*3&'# +O+*#+'32/*#+,'+$#0*3'+#$+
$/N*3N"'-+/*+j*8*+.*35&"0*+,'+0'."&'3+,$#,$+'+7%*03'-'()*+,'+b$._43"0'+O[+'+<#0*3'+,'+
7%'"'+K$%-$3D'+'0'4*2+#$/,*+?$0D','+'.9#+'+b$N*3&'+,'+K'0"/'[+$-+XpWYB+M+?*%-'()*+
,$+*?"0"'"#+?*"+$/&)*+&%'/#?$%",'+.'%'+'+'/&"8'+<#0*3'+,$+;2$%%'+,$+7*%&*+M3$8%$[+'&=+*+
'/*+,$+XpXXB+<-+#$82",'[+*+&%$"/'-$/&*+,*#+*?"0"'"#+%$&*%/*2+.'%'+'+0'."&'3+?$,$%'3[+/'+
<#0*3'+,$+b$'3$/8*B
P + ?$0D'-$/&* + ,' + <#0*3' + ,' + 7%'"' + K$%-$3D'[ + ,$ + 0$%&* + -*,*[ + ?'0"3"&*2 + '+
"/&%*,2()* + ,$ +%$?*%-'# + /*+ $/#"/*+ ,*# + *?"0"'"#[ + %$,2]"/,* + 8%',2'3-$/&$ + '+ "/?32i/0"'+
.*#"&"N"#&'+#*4%$+*#+'32/*#B+P+%$&*%/*+'*+b"*+,$+e'/$"%*[+'+b$'3$/8*[+0*"/0","2+0*-+'+
'.%*N'()* + ,* + .%"-$"%* + %$823'-$/&* + /* + #=023* + vv + 12$ + -*,"?"0'N' + * + $/#"/* + /'#+
"/#&"&2"(^$#+-"3"&'%$#+G,$+XpWZIB
M+%$?*%-' +,$+XpWZ[+'##"-+0*-* +'# +%$?*%-'# +.*#&$%"*%$# +O+'&= +'+0D$8',' +,'+
6"##)*+A%'/0$#'+O[+ N"#'N'+'+%$,2]"%+*+$/#"/*+&$9%"0*+$+'2-$/&'%+*+$/#"/*+,'+.%`&"0'+
-"3"&'%+/*+02%%5023*[+0*-+N"#&'#+'+$3"-"/'%+*+l4'0D'%$3',*+-"3"&'%o+$+,'%+'*#+*?"0"'"#+2-'+
?*%-'()*+.%*?"##"*/'3[+'3=-+,$+-$3D*%'%+'+%"8",$]+,"#0".3"/'%+,*#+'32/*#[+,$+-*,*+'+
$N"&'%+12$+'+$#0*3'+N*3&'##$+'+&*-'%+.'%&",*+$-+12'312$%+-*N"-$/&*+.*35&"0*+G60L'//[+
CWWkE+XFhm+XFkIB
<-4*%'+'#+%$?*%-'#+,$+XpWZ+,$##$-+i/?'#$+a+?*%-'()*+.%`&"0'[+*+$/#"/*+'"/,'+
$%'+.%$,*-"/'/&$-$/&$+&$9%"0*B+P#+*?"0"'"#+"/#&%2&*%$#[+'0*#&2-',*#+0*-+*+-=&*,*+12$+
2&"3"]'N'- + /* + $/#"/* + ,*# + 0',$&$#[ + 0*/&"/2'%'- + "/$%&$# + $- + %$3'()* + a# + -2,'/('# + ,*+
CY
+</&%$+*+"/"0"*+,'+b$.243"0'+$+*+?$0D'-$/&*+,'+<#0*3'+,'+7%'"'+K$%-$3D'[+D*2N$+,2'#+-2,'/('#+,$+
%$823'-$/&*[+$-+XqpW+$+XqpqB+!2%'/&$+'+?'#$+,'+<#0*3'+,*+b$'3$/8*[+$#&$#+?*%'-+0"/0*[+$-+XpWZ[+XpXF[+
XpXq[+XpXp+$+XpCY+G6*&&'[+XppqE+CXFIB
Zh
02%%5023* + G60L'//[ + CWWkE + XFkB + 6*&&'[ + XppqE + CFp:CYXIB + <%' + /$0$##`%"* + 12$ + #$+
?*%-'##$-+"/#&%2&*%$#+12$+0*/D$0$##$-+*#+/*N*#+-=&*,*#+-"3"&'%$#+.'%'+.*,$%+$/#"/`:
3*#+'*#+0',$&$#B+
P+.$%5*,*+$-+12$+*+-'%$0D'3+\$%-$#+,'+A*/#$0'+?*"+6"/"#&%*+,'+;2$%%'+GXpWh:
XpWpI+?*"+*+.$%5*,*+$-+12$+*0*%%$%'-+'# +.%"-$"%'# +-$,",'# +,$+8%'/,$+"-.'0&* +/*+
-*N"-$/&*+%$/*N',*%+,*+<R=%0"&*+Q%'#"3$"%*E+M+0%"'()*+,'+T$"+,*+>*%&$"*+6"3"&'%[+'#+
-'/*4%'# + -"3"&'%$# + ,$ + XpWh + $ + * + $/N"* + ,$ + *?"0"'"# + .'%' + $#&`8"*# + $- + $R=%0"&*#+
$#&%'/8$"%*#B
>*4+'+#28$#&)*+ ,*+-"/"#&%*+,'#+b$3'(^$#+<R&$%"*%$#+/'+=.*0'[+*+Q'%)*+,*+b"*+
Q%'/0*[+*+<R=%0"&*+0*/#$82"2+*+$/N"*+,$+j*N$/#+*?"0"'"#+.'%'+#$%N"%+/*+<R=%0"&*+'3$-)*+
0*-* + $#&'8"`%"*#[ + .'%' + &$% + 0*/&'&* + 0*- + * + 12$ + D*2N$##$ + ,$ + -'"# + 'N'/(',* + $-+
&%$"/'-$/&*+$+$12".'-$/&*+-"3"&'%+G60L'//[+CWWkE+XYZIB
M + $#&',"' + $- + 2- + $R=%0"&* + -*,$%/*[ + 4$- + $12".',* + $ + 4$- + &%$"/',*[ + ?*"+
0*/&%'#&'/&$ +0*-+'+%$'3",',$ +12$+$##$#+*?"0"'"# +&"/D'- +/*+Q%'#"3B+P+'.%$/,"]',* +/*+
$R=%0"&*+'3$-)*+,$2+'+$#&$#+*?"0"'"#+/)*+'.$/'#+*+0*/D$0"-$/&*+&=0/"0*+/$0$##`%"*+.'%'+
'+-*,$%/"]'()*+,'+"/#&%2()*+-"3"&'%+/*+Q%'#"3[+-'#+&'-4=-+*#+-*&"N*2+'+%$'3"]'%+'#+
%$?*%-'#+12$+$3$#+N"'-+0*-*+/$0$##`%"'#+GL'%N'3D*[+CWWYE+CkIB++++++++
<-+#$2+%$8%$##*+'*+Q%'#"3[+$#&$#+*?"0"'"#+/)*+?*%'-[+'+.%"/05."*[+4$-+%$0$4",*#B+
7'%&$ +,' + N$3D' +*?"0"'3",',$[ + /*# +.*#&*# +-'"# + '3&*# +,' + *%8'/"]'()*[ +N"' + '# + -2,'/('#+
,$?$/,",'#+.*%+$3$#+0*-*+*+?"-+,$+#2'#+0'%%$"%'#[+$+&$/&'%'-+43*12$`:3'#B+6'#+*#+j*N$/#+
*?"0"'"#+%$0=-:0D$8',*#+&$/&'%'-+"-.*%+'*#+,$-'"#+0*3$8'#+&2,*+'12"3*+12$+$3$#+N"%'-+
$ + '.%$/,$%'- + /' + M3$-'/D'B + Q2#0'%'- + .%*-*N$% + 2-' + %$/*N'()* + /' + *%8'/"]'()*[+
,"?2/,"/,* + '# + ",="'# + -*,$%/"]',*%'# + $/&%$ + *# + ,$-'"# + 0*-.'/D$"%*#[ + "/"0"'3-$/&$[+
'&%'N=#+,*#+&%$"/'-$/&*#+-"3"&'%$#+$-+#2'#+2/",',$#+GL'%N'3D*[+CWWZE+CkIB+
L*/D$0",*#+.$3'+'302/D'+,$+le*N$/#+H2%0*#oCZ[+$#&$#+*?"0"'"#+.%*N*0'%'-+4*'#+$+
-`# + %$'(^$# + 0*- + #2'# + .%*.*#&'# + %$?*%-"#&'#B + ;'/D'%'- + '.*"* + ,$ + 2-' + .'%0$3'+
0*/#",$%`N$3+,*#+*?"0"'"#[+$#.$0"'3-$/&$+$-+.*#&*#+-'"#+4'"R*#[+12$+%$0$4$%'-+'+",="'+
CZ
+P+&$%-*+`)C"'*#9%./)*+?']+'32#)*+'*#+*?"0"'"#+&2%0*#+12$+?*%'-+$/N"',*#+.'%'+&%$"/'%+0*-+*+$R=%0"&*+
'3$-)*+$+12$+.*#&$%"*%-$/&$+%$?*%-'%'-+/)*+'.$/'#+*+$R=%0"&*+&2%0*[+0*-*+&'-4=-+*+r-.=%"*+H2%0*:
P&*-'/*B+V*+0'#*+,*#+*?"0"'"#+4%'#"3$"%*#+$/N"',*#+a+M3$-'/D'[+'+,$?$#'+,$3$#+.*%+%$?*%-'#+&'/&*+/'+
*%8'/"]'()*+-"3"&'%+12'/&*+/*+8*N$%/*+G-'"#+/*+.%"-$"%*+12$+/*+#$82/,*I+%$/,$2:3D$#+'+0*-.'%'()*[+12$+
'0'4*2+.*%+,$#"8/'%+*+8%2.*+,$+*?"0"'"#+%$?*%-',*%$#B
Zk
,$+-2,'/('+0*-*+*.*%&2/",',$+.'%'+-$3D*%'%+'+#"&2'()*+,*+$R=%0"&*+/'+#*0"$,',$+$+
0*-*+?*%-'+,$+-$3D*%'%+#2'#+.%9.%"'#+0'%%$"%'#B
K"#'/,* + ' + '30'/('% + ' + -'"*% + .'%&$ + ,' + *?"0"'3",',$[ + *# + lH2%0*#o + *.&'%'- + .*%+
*%8'/"]'% + 2-' + %$N"#&' + N*3&',' + .'%' + ' + &$-`&"0' + -"3"&'%[ + .'%' + ,"?2/,"% + #2'# + ",="'# + ,$+
-'/$"%' + -'"# + '-.3' + $ + -'"# + %`.",'B + <#&' + %$N"#&'[ + 3'/(',' + $- + XpXF[ + $%' +@ # ="-"*&#
E&/3)'&6[+12$+&$-+0"%023'()*+/*+Q%'#"3+'&=+*#+,"'#+'&2'"#B
M+%$N"#&'+@+="-"*&#E&/3)'&6+?*"+%$#.*/#`N$3+.*%+N$"023'%+$##$#+'%$#+,$+-2,'/('+
12$+$3$#+.%*.2/D'-E+0*-*+`%$'+.'%'+,$4'&$#+'0$%0'+,$+12$#&^$#+&=0/"0'#[+,$+,"#02##^$#+
'+%$#.$"&*+,*+,$#$/N*3N"-$/&*+,*+.'5#+$+,'+-*,$%/"]'()*+,*+<R=%0"&*[+$+,$+$R.'/,"%+*+
0*/D$0"-$/&* + '0$%0' + ,*# + 'N'/(*# + &$0/*398"0*# + 12$ + #$ + *%"8"/'N'- + $- + $R=%0"&*# + ,$+
*2&%*#+.'5#$#B+
P+<#&',*+6'"*%+,*+<R=%0"&*+G<6<I[+/*+.$%5*,*+'&=+*+?"-+,'+r+;2$%%'+62/,"'3[+
?*"+8'/D'/,*+0*%.*+0*-*+"/#&"&2"()*+.3'/$j',*%'+,'+*%8'/"]'()*+,*+<R=%0"&*+Q%'#"3$"%*[+
,2%'/&$+*+0*-'/,*+,*+;$/$%'3+L'$&'/*+,$+A'%"'+$+,*+6'%$0D'3+Q$/&*+b"4$"%*B+<-4*%'+
'"/,'+0'%$/&$+,$+$#.$0"'3"#&'#[+*+9%8)*+0%$#0$2+,$N",*+a#+/$0$##",',$#+$-+?'0$+,'+r+
;2$%%'+62/,"'3[+12$+3D$+,$%'-+2-+.*20*+-'"#+,$+'2&*/*-"'+.'%'+$#&2,'%+'+#"&2'()*+$-+
12$+*+<R=%0"&*+#$+$/0*/&%'N'+GQ'/D'[+XpqYE+YXIB
z2'/,*+L'$&'/*+,$+A'%"'+#$+&*%/*2+-"/"#&%*+,'+;2$%%'[+*%8'/"]*2+2-'+#=%"$+,$+
%$?*%-'#+/*+<R=%0"&*+'+.'%&"%+XpXZB+<3'#+N"#'N'-+0*3*0'%+'+"/#&"&2"()*+/*+0'-"/D*+,'+
-*,$%/"]'()*[+$+*+-"/"#&%*+A'%"'+%$#*3N$2+'4%"%+'+*%8'/"]'()*+'+'382-'#+,'#+",="'#+,*#+
le*N$/#+H2%0*#o+G60L'//[+CWWkE+CCYm+CYqIB++
P+<6<+#$+&*%/*2+%$#.*/#`N$3+.*%+?*%-23'%+'+,*2&%"/'+2/"?"0','+,*+<R=%0"&*+
Q%'#"3$"%*+G12$[+#$82/,*+#$2+0*-'/,'/&$[+$-+XpXZ[+'"/,'+/)*+$R"#&"'+GQ'/D'[+XpqYE+
YhII[+.3'/$j'%+'+-*4"3"]'()*+$+%$,"8"%+*#+%$823'-$/&*# +,'+A*%('B+H$/&*2[+'"/,'+#$-+
iR"&*[+*%8'/"]'%+*+3$/&*+.%*0$##*+,$+.%*-*(^$#+,*#+*?"0"'"#[+12$+?2/0"*/'N'+,$+-*,*+
.$##*'3+$+"/j2#&*B+++
<-+XpXF+$+XpXq+D*2N$+-'"#+%$?*%-'#+/*+%$823'-$/&*+,$+$/#"/*+-"3"&'%[+?']$/,*+
0*-+12$+'#+$#0*3'#+?*##$-+0*/0$/&%','#+$-+'.$/'#+,2'#[+2-'+,$+$/#"/*+.%$.'%'&9%"*+$+
*2&%'+,$+$/#"/*+.%`&"0*[+'-4'#+$-+b$'3$/8*+G6*&&'[+XppqE+CYCIB+b$#.*/#`N$3+&'-4=-+
.*%+*%8'/"]'%+'+"/#&%2()*+,'+&%*.'[+*+<6<+'0'4*2+.*%+2&"3"]'%+.'%&$+,*#+*?"0"'"#+12$+
Zq
$#&'8"'%'- + /' + M3$-'/D' + .'%' + $/#"/'% + /' + <#0*3' + ,$ + r/#&%2()* + 7%`&"0'[ + $- + b$'3$/8*+
Gr,$-[+XppqE+CZZIB+++
L*/D$0",' + 0*-* + ' + l6"##)* + r/,58$/'o[ + $#&$# + *?"0"'"# + "/#&%2&*%$#[ + $#0*3D",*#+
'&%'N=# + ,$ + $R'-$# + .%`&"0*# + 0**%,$/',*# + .$3* + <6<[ + #$ + *02.'%'- + $- + -$3D*%'% + *+
.%*0$##*+,$+$/#"/*+,'+$#0*3'[+,$+-*,*+'+,'%+'*#+#$2#+'32/*#+-'"#+&%$"/'-$/&*+.%`&"0*[+
j2/&'-$/&$+0*-+*+12$+$3$#+'.%$/,"'-+/*#+$#&2,*#+&$9%"0*#[+2/"/,*+'-4*#+,$+-*,*+'+
?*%-'%+*?"0"'"#+-$3D*%+.%$.'%',*#+.'%'+0*/,2]"%+#*3,',*#+$-+0*-4'&$B
M + ?*%-'()* + ,$ + *?"0"'"# + /* + <R=%0"&* + /$##$ + .$%5*,* + .*,$ + #$% + N"#&' + 0*-* + 2-+
.%"-$"%* + -*-$/&* + $- + 12$ + #$ + 0*/#$82"2 + $3"-"/'% + ' + ?*%-'()* + ,$ + l&'%"-4$"%*#o + $ + '+
?*%-'()*+,$+l,*2&*%$#o[+*2+#$j'[+.'##*2+'+?*%-'%+*?"0"'"#+%$'3-$/&$+&=0/"0*#B+<#&$#+,*"#+
8%2.*#[+/'+N$%,',$[+j`+$#&'N'-+$-+,$0',i/0"'+D'N"'+2-'+,=0','[+,$#,$+*+?$0D'-$/&*+
,'+<#0*3'+,'+7%'"'+K$%-$3D'B +!$#'.'%$0$/,* +'+.'%&"%+,'5[+,$%'-+328'%+'+2-' +/*N'+
8$%'()*+,$+*?"0"'"#+-'"#+&=0/"0*#+$+"/&$%$##',*#+/'+.%*?"##)*+-"3"&'%B+
M+6"##)*+r/,58$/'+0*/#$82"2+&%'/#-"&"%+#2'#+",="'#+$+#$2+$/&2#"'#-*+'*#+'32/*#+
,'+<#0*3'+6"3"&'%[+?'N*%$0$/,*+'+"/#&%2()*+-"3"&'%+.%`&"0'B+7*%+*2&%*+3',*[+'#+0*/,"(^$#+
,*+'-4"$/&$+,$#?'N*%$0"'-+'+?*%-'()*+,$+2-+3*0'3+.'%'+*+$#&2,*+&$9%"0*B+M+?'3&'+,$+
%$02%#*#+,',*#+.$3*+8*N$%/*+"-.*##"4"3"&'N'+-'"*%$#+-$3D*%"'#+/*+'-4"$/&$+,'#+$#0*3'#+
G6*&&'[+XppqE+ChFIB+A'3&'N'+&'-4=-+'*#+"/#&%2&*%$#+*+,$N",*+0*/D$0"-$/&*+$-+-=&*,*#+
&$9%"0*#+$+',-"/"#&%'&"N*#[+$N",$/0"'/,*[+'*+N$%+,*+6"/"#&%*+,'+;2$%%'Ch+$+,*+<6<[+'+
/$0$##",',$ + ,$ + #$ + 0*/&%'&'% + 2-' + -"##)* + -"3"&'% + $#&%'/8$"%' + .'%' + #2.%"% + $##'#+
/$0$##",',$#B
M + ,=0',' + ,$ + XpXW + #$ + $/0$%%' + 0*- + * + <Q + $#&%2&2%'3-$/&$ + ,"%$0"*/',* + '+
&%'/#?*%-'(^$#[+-'#+?'3&'N'+'"/,'+a+*%8'/"]'()*+2-'+",$/&",',$+,$?"/",'B+P+0*/?3"&*+
-2/,"'3[+$+#2'#+0*/#$1yi/0"'#+.'%'+*+Q%'#"3+#)*+"-.*%&'/&$#+.'%'+$/&$/,$%+'#+,"N$%#'#+
",$/&",',$#+12$+'?$&'%'-+'+*%8'/"]'()*+'+.'%&"%+,'+,=0','+#$82"/&$B+
CZB5/*%lmKM^_S*>KHL^IO^KS*\HMO*k*3K^[O^KH*1bOKKH*-b]T^HI*
CZBZ@5)*1bOKKH*TO*-H_OK^HI*
Ch
+P+8$/$%'3+M34$%&*+L'%,*#*+,$+M82"'%[+12$+0*/&%'&*2+'+6"##)*+6"3"&'%+A%'/0$#'[+j238'N'+/$0$##`%"'+#2'+
N"/,'+.'%'+',$12'%+*#+$/#"/*#+'*+,$#$/N*3N"-$/&*+"/,2#&%"'3+*0*%%",*+/'+<2%*.'[+12$+#$+-*#&%*2+/'+r+
;2$%%'+62/,"'3+G6*&&'[+XppqE+CZhIB
Zp
M+7%"-$"%'+;2$%%'+62/,"'3+,$2+'*+<R=%0"&*+-'"*%+'&$/()*+.*%+.'%&$+,*+8*N$%/*+
$+,'+#*0"$,',$+4%'#"3$"%'B+</&%'%'-+$-+,"#02##)*+'#+/$0$##",',$#+,'+*%8'/"]'()*+-"3"&'%+
12'/&*+'*+',$#&%'-$/&*[+$12".'-$/&*+$+'12'%&$3'-$/&*B+M+/*N'+?*%-'+0*-*+*+0*/?3"&*+
$%' + &%'N',* + /' + <2%*.' + '##2#&'N' + *?"0"'"# + 4%'#"3$"%*#[ + ?'0$ + '* + #$2 + ,$#.%$.'%* + .'%'+
0*-4'&$%+/2-'+82$%%'+-*,$%/'B
P+$-4'&$+,*#+8%'/,$#+$R=%0"&*#+/'+<2%*.'+%$0$4$2+,*#+*?"0"'"#+4%'#"3$"%*#+2-'+
'&$/()*+02",',*#'B+M+[%"..&#("#F&+".3&6+12$+#$+%$'3"]*2+/*+$R&$%"*%+,$-*/#&%*2+.'%'+
*#+*?"0"'"#+4%'#"3$"%*#+12$+'+,$.$/,i/0"'+$0*/x-"0'+'*#+.'5#$#+,$#$/N*3N",*#+:+,'+N$/,'+
,$+-'&=%"'#:.%"-'#+12$+.%*,2]"'+a+0*-.%'+,$+$12".'-$/&*+"/,2#&%"'3"]',*+$+'%-'-$/&*+
:+$%'+2-'+,$?"0"i/0"'+$#&%'&=8"0'+12$+.%$0"#'N'+#$%+#*320"*/','B+##
+ L'%$/&$+,$+-'&$%"'3+-"3"&'%+-*,$%/*+,$#,$+*+.%"/05."*+,*+#=023*[+*+<R=%0"&*+
D'N"' + "-.*%&',* + ,$&$%-"/',' + 12'/&",',$ + ,$ + '%-'-$/&* + G0'/D^$#[ + -$&%'3D',*%'# + $+
-2/"(^$#I[ + &$/,* + "/032#"N$ + j` + .'8* + 2-' + .'%0$3' + ,* + N'3*% + '/&$# + ,$ + %$0$4i:3*#B + V*+
$/&'/&*[+0*-+'+0*/?3'8%'()*[+*+$-4'%12$+?"0*2+%$&",*+$+*2&%'#+%$-$##'#+,$+'%-'-$/&*+
/)* + .*,$%"'- + 0D$8'% + '* + Q%'#"3 + ,$N",* + '* + 43*12$"* + 0*-$%0"'3 + ,' + 6'%"/D' + Q%"&u/"0'+
G60L'//[+CWWkE+CFkIB+
M+"/0'.'0",',$+,'+"/,_#&%"'+/'0"*/'3+$-+.%*,2]"%+$12".'-$/&*+.'%'+*+<R=%0"&*+
$%'+-*&"N*+,$+.%$*02.'()*+.'%'+*#+-"3"&'%$#[+12$+&$/&'N'-+.%*,2]"%+.*%+#"+-$#-*+*+12$+
3D$#+?*##$+/$0$##`%"*B+!"#02%#*2+#*4%$+"##*+*+8$/$%'3+L'$&'/*+,$+A'%"'E+
lP+.%*43$-'+02j'+#*32()*+#$+"-.^$[+$+#$-+*+12'3+"-.*##5N$3+#$%`+'##$82%'%+'+
,$?$#' + /'0"*/'3[ + = + * + ,$ + "/,$.$/,i/0"' + '4#*32&' + ,*# + %$02%#*# + -'&$%"'"#+
$#&%'/8$"%*#B+M+-'##'+0*3*##'3+,$+'%-'-$/&*#[+-2/"(^$#[+$/8$/D*#+,$+82$%%'+$+
-'&$%"'3 + N'%"',5##"-*[ + /$0$##`%"*# + ' + 2- + $R=%0"&* + $- + *.$%'(^$#[ + $R"8$+
"-.$%"*#'-$/&$+'+*%8'/"]'()*+,$+"/,_#&%"'+-"3"&'%+,*+.'5#+12$+#$+,$?$/,$+$+
12$% + -'/&$% + #2' + "/&$8%",',$B + >$- + "/,_#&%"' + *%8'/"]',' + /$/D2-' + /'()* + #$+
'0D'%` + $- + 0*/,"(^$# + ,$ + #$ + ,$?$/,$% + 0*/N$/"$/&$-$/&$ + /$- + ,$ + $/&%'% + $-+
0'-.'/D'B+L'4$:/*#+*+,$N$%+,$+$/N",'%+$#?*%(*#+.'%'+0%"'%+*#+$3$-$/&*#+,*+
/*##*+,$#$/N*3N"-$/&*+?2&2%*[+0*-+'+*%8'/"]'()*+,'+"/,_#&%"'+-$&'3_%8"0'Bo+
G6*&&'[+XppqE+CChI+++
hW
L*-*+$R$-.3*+,$#&$+$#?*%(*[+/'+.%"-$"%'+,=0','+,*+#=023*[+*+<R=%0"&*+-*/&*2+
2-'+?`4%"0'+,$+.93N*%'+#$-+?2-*+G$-+7"12$&$[+$-+XpWCI[+12$+$%'+"/$R"#&$/&$+/*+.'5#[+$+
&$/&*2 + %$?*%-'% + #$2# + '%#$/'"# + ,$ + -*,* + ' + '2-$/&'% + ' + .%*,2()* + ,$ + 0*-.*/$/&$# + $+
-'&$%"'"#+0*/#",$%',*#+$##$/0"'"#+.$3'+A*%('+G60L'//[+CWWkE+CFqm+CkFIB+
V*+$/&'/&*[+$#&'+"/"0"'&"N'+$%'+"/0"."$/&$[+.*"#+$#4'%%'N'+/'+?'3&'+,$+?*%-'()*+
.%*?"##"*/'3+/*+.'5#+GV$&*[+CWXWE+kZIB+>$-+*+,*-5/"*+,$+&$0/*3*8"'#+4`#"0'#[+0*-*+'+
>",$%2%8"'[+*+,$#$/N*3N"-$/&*+$+.%*,2()*+,$##'#+"/,_#&%"'#+/)*+$%'+0'.']+,$+#2.%"%+'+
,$-'/,'+,'+*%8'/"]'()*B+7'%'+'8%'N'%[+'+7%"-$"%'+;2$%%'+N"2+#2%8"%+/*N'#+'%-'#+/*+
0'-.* + ,$ + 4'&'3D'[ + ?%2&* + ,*# + 'N'/(*# + &$0/*398"0*# + ,' + =.*0'E + * + 'N")* + $ + * + 0'%%* + ,$+
0*-4'&$B+M+"/&%*,2()*+,$##$#+/*N*#+'%-'-$/&*#+.*,$%"'+'2-$/&'%+'"/,'+-'"#+*+02#&*+
.'%'+'+-*,$%/"]'()*+,*+<R=%0"&*+Q%'#"3$"%*B+
CZBZB5/ * 'OKJ^cS * -^I^_HK * /nK^aH_`K^S * O * H * \SK[HchS * TH * #TO]_^THTO * TS * %lmKM^_S*
>KHL^IO^KSZ
+
M+12$#&)*+,'+"-.3'/&'()*+,*+>$%N"(*+6"3"&'%+P4%"8'&9%"*[+12$+#$+'%%'#&'N'+,$#,$+
'+T$"+,*+>*%&$"*+6"3"&'%[+$%'+2-'+.%*.*#&'+j`+,$?$/,",'+.$3*+'3&*+0*-'/,*+,*+<Q+D`+
.*20*+-$/*#+,$+2-'+,=0','[+,$#,$+*+-"/"#&=%"*+,*+;$/$%'3+M%8*33*+G60L'//[+CWWkE+
XFXI[+$+12$+'0'4*2+#$/,*+'.%*N','+$-+XpWqB+
L*-+*+"/50"*+,*+0*/?3"&*+/'+<2%*.'[+*+,$4'&$+#*4%$+*+>$%N"(*+6"3"&'%+P4%"8'&9%"*+
$/&%*2 + /' + .'2&' + ,$ + ,"#02##)* + ,' + #*0"$,',$ + 4%'#"3$"%'[ + '3$%&',' + %$0$/&$-$/&$ + .$3'+
0'-.'/D'+0"N"3"#&'+,$+b2"+Q'%4*#'+'+%$#.$"&*+,*+.$%"8*+,$+2-+/*N*+#2%&*+-"3"&'%"#&'+
0*-*+*+,$+Xqqp+GL*$3D*[+CWWWE+qpIB
<#&$+,$4'&$+#$+0$/&%'N'+$-+&%i#+'&*%$#E+*#+le*N$/#+H2%0*#o[+*+.*$&'+$+$#0%"&*%+
P3'N* + Q"3'0 + $ + * + .*35&"0* + M34$%&* + Hx%%$#B + M# + ",="'# + ,$?$/,",'# + .*% + $#&$# + "/,"N5,2*#+
0*/N$%8"'-+$-+'382/#+.*/&*#+$+,"N$%8"'-+$-+*2&%*#B+
P#+lH2%0*#o+,$#$j'N'-+2-'+?*%('+-"3"&'%+-*,$%/'+$+.%*?"##"*/'3[+/*#+-*3,$#+,*+
$R=%0"&* + '3$-)*[ + 0'.'] + ,$ + ,$?$/,$% + * + .'5# + $R&$%/' + $ + "/&$%/'-$/&$ + O + .%"/0".'3-$/&$+
$R&$%/'-$/&$[+-'#+#$-+,$#02",'%+,'+,$?$#'+"/&$%/'+O+*+12$+'4%"'+"/&$%.%$&'()*+.'%'+'#+
"/&$%N$/(^$#+-"3"&'%$#+/'+.*35&"0'+G60L'//[+CWWkE+CCFm+L*$3D*[+CWWWE+qpIB+
hX
Q"3'0+,$?$/,"'+*+'3"#&'-$/&*+*4%"8'&9%"*[+'3$8'/,*+12$+"#&*+.*,$%"'+#$%N"%+0*-*+
?2/()*+$,20',*%'+$+05N"0'[+/*+02-.%"-$/&*+,*+,$N$%+/*+&%$"/*+,'#+'%-'#[+-'#+12$+*+
$R=%0"&*+,$N$%"'+#$%+.%*?"##"*/'3+$+'.*35&"0*[+N*3&',*+a+,$?$#'+$R&$%/'+G60L'//[+CWWkE+
CCFm+L*$3D*[+CWWWE+qpIB+
Hx%%$# + ,$?$/,"' + * + 0'%`&$% + '.*35&"0* + ,'# + *%8'/"]'(^$# + -"3"&'%$#[ + #$ + *.2/D' + a+
?*%-'()*+,$+2-+0*%.*+.%*?"##"*/'3+,$+*?"0"'"#[+&$-$/,*+12$+$#&$#+'0'4'##$-+?*%-'/,*+
2-'+0'#&'+$[+.%"/0".'3-$/&$[+/)*+'0%$,"&'N'+/'+?2/()*+,*+$R=%0"&*+0*-*+$,20',*%+05N"0*+
G60L'//[+CWWkE+CCFm+L*$3D*[+CWWWE+qpIB
M+-*%&$+.%$0*0$+,*#+,*"#+0"N"#+0"&',*#+"/&$%%*-.$2+$#&$+,$4'&$B+T*8*+'.9#[+*+
<R=%0"&*+#$+'.%*.%"*2+,$+#$2#+,"#02%#*#+$-+.%*3+,*+'3"#&'-$/&*+*4%"8'&9%"*[+"8/*%'/,*+
#2'#+0%5&"0'#+G$-+$#.$0"'3+'#+,$+M34$%&*+Hx%%$#I[+"/&%*,2]"/,*+*+#$%N"(*+-"3"&'%+0*-*+
$3$-$/&*+?*%-',*%+,*+0"N"#-*+$+,$?$/,$/,*+'+?2/()*+"/&$%N$/0"*/"#&'+,'+*%8'/"]'()*B+
7*,$:#$+.$%0$4$%+0*-+$##$#+'&*%$#+'+?*%-'()* +,$+'382-'# +",$*3*8"'# +12$+#$+
&*%/'%'- + N"8$/&$# + ,$/&%* + ,* + $R=%0"&* + /'# + ,=0','# + #$82"/&$#[ + /*-$','# + ,$ + -'/$"%'+
,"?$%$/&$+.*%+<,-2/,*+L'-.*#+L*$3D*+$+e*#=+62%"3*+,$+L'%N'3D*[+-'#+12$+,'%"'-+
",$/&",',$+'*+<Q+/'+,=0','+,$+XpCW+$+#$%N"%"'-+'"/,'+.'%'+$R.3"0'%+*+0*-.*%&'-$/&*+
,'+*%8'/"]'()*+/*+%$#&'/&$+,*+#=023*+vvB
<,-2/,*+L'-.*#+L*$3D*+'?"%-'+12$+/$##$+.$%5*,*+#2%8"%'-+,2'#+",$/&",',$#+
12$ + #$ + &*%/'%"'- + "-.*%&'/&$# + /' + *?"0"'3",',$ + /' + ,=0',' + ,$ + XpCWE + P +9"'"'+3*,) #
2.)-3**3)'&6 #$ + * +9"'"'+3*,) # 2)6D+3/) #GL*$3D*[ + CWWWE + phIB + P + .%*?"##"*/'3"#-* + #2%8"2+
8%'('#+'*+'2-$/&*+,*+"/&$%$##$+/*#+'##2/&*#+-"3"&'%$#+0'2#',*+.$3'+r+;2$%%'[+j2/&*+0*-+
*#+",$'"#+-*,$%/"]'/&$#+,*#+le*N$/#+H2%0*#om+*+9"'"'+3*,)#2)6D+3/)+0'2#*2+'#+%$N*3&'#+
&$/$/&"#&'#+,$+XpCC+$+XpCY[+-'#+#$82/,*+L*$3D*+$3'#+#)*+-'"#+?'0"3-$/&$+$R.3"0`N$"#+
,$N",* + '* + 0*/&$R&* + $- + 12$ + ' + 4'"R' + *?"0"'3",',$ + N"N"'E + -` + 12'3",',$ + ,*#+
$#&'4$3$0"-$/&*# +-"3"&'%$#[+,$-*%'+/*+.%*0$##*+,$+.%*-*(^$#[+,$#0'#*+.*35&"0*+.'%'+
0*-+'+?*%('B+
V*+$/&'/&*[ +L*$3D*+*4#$%N'+12$ +l/'+4'#$+,* ++"'"'+3*,) #2)6D+3/)+ $#&'N'-+'#+
-*&"N'(^$# + 12$ + 0*/#&"&25'- + * ++"'"'+3*,) # 2.)-3**3)'&6o + GL*$3D*[ + CWWWE + XWCIB + < + =+
%$3$N'/&$+.$%0$4$%+12$+-$-4%*#+,$#&'0',*#+,*+-*N"-$/&*+&$/$/&"#&'+&"N$%'-+%`.",'+
'#0$/#)*+.*35&"0'[+,$-*/#&%'/,*+#2'+#2#0$&"4"3",',$+a+-'/".23'()*+,*#+8%2.*#+.*35&"0*#[+
hC
023-"/'/,* +0*-+'+.'%&"0".'()* +,$#&$# +/*+-*N"-$/&* +,$+XpFW+GL*$3D*[+CWWWE+XWFIB+
M"/,' + #$82/,* + L*$3D*[ + *2&%' + 0*/#$1yi/0"' + ,* + &$/$/&"#-* + ?*" + * + ?"- + ,' + N$3D' + $3"&$+
-"3"&'%[+'4%"/,*+0'-"/D*+.'%'+*?"0"'"#+-'"#+0*-.$&$/&$#+12$+j`+N"/D'-+#$+?*%-'/,*+
,$/&%*+,*+<Q+GCWWWE+XWYIB
e*#=+62%"3*+,$+L'%N'3D*+.*/&2'+&%i#+",$*3*8"'#[+12$+#$+?*%-'%'-+/*+$R=%0"&*+
/$#&$+.$%5*,*[+$+12$+,$%'-+%$#.'3,*+a#+"/&$%N$/(^$#+'*+3*/8*+,'+7%"-$"%'+b$.243"0'E+P+
!)6(&() # ;3(&(B)0 # )% # & # 3'+".C"'4B) # ."-).,3*+&m + * +!)6(&() # X.)-3**3)'&60 # 'B) # ? #
3'+".C"'/3)'3*+&m+$+* +!)6(&()#N#;).2).&4B)0#3'+".C"'+).#,)(".&().+ GL'%N'3D*[+CWWhE+
Fq:YFIB+
P +!)6(&()#;3(&(B) #$%'+?%2&*+,$+,*"#+-*-$/&*#E+'+7%*03'-'()*+,'+b$._43"0'+
$- + Xqqp + $ + * + &$/$/&"#-* + ,$ + XpCCB + <#&$ + 8%2.* + ,$?$/,"' + ' + /$0$##",',$ + 2%8$/&$ + ,$+
%$?*%-'#+/*+.'5#+$+/'+*%8'/"]'()*+GCWWhE+FqIB
P + #$82/,* + 8%2.* + ",$*398"0*[ + * +!)6(&() # 2.)-3**3)'&6[ + #$ + .%$*02.'N' + 0*- + '+
.%*?"##"*/'3"]'()*+-"3"&'%+$+#$+*.2/D'+'+12'312$%+$/N*3N"-$/&*+,*+<Q+/'+.*35&"0'B+<#&$+
8%2.*+'0'4*2+.*%+#$%+*+-'"#+?'N*%$0",*+,$N",*+a+0"%02/#&u/0"'+D"#&9%"0'[+12$+0D'-'N'+'+
'&$/()* + .'%' + ' + /$0$##",',$ + ,$ + #$ + ?*%&'3$0$% + '# + ?*%('# + '%-','# + $- + ?'0$ + ,' + ;2$%%'+
62/,"'3+GCWWhE+YWIB
P +!)6(&() # ;).2).&4B)+ -$#03'N' + *# + ,*"# + 8%2.*# + '/&$%"*%$#B + !$?$/,"' + '+
.%*?"##"*/'3"]'()*[ + -'# + ',-"&"' + ' + "/&$%N$/()* + ,$ + '0*%,* + 0*- + #2' + /'&2%$]'[ + 0*- + '+
'&2'()*+,$+&*,'+'+*%8'/"]'()*+/'+"/&$%N$/()*B+<#&$+?*"+*+8%2.*+.%$#$/&$+/'+b$N*32()*+
,$+XpFW+$+/*+8*3.$+,*+<#&',*+V*N*+$-+XpFk[+$+12$+.'##'+'+#$%+.%$,*-"/'/&$+GCWWhE+
YXIB
</&%$+*#+8%2.*#+,$+",$*3*8"'+?*%-23',*#+.$3*#+,*"#+'2&*%$#[+.$%0$4$:#$+$-+&*,*#+
12$+*+.*/&*+0*-2-+=+*+0'%`&$%+.%*?"##"*/'3"]'/&$+$+-*,$%/"]',*%[+12$+0*-.%*N'+12$+'+
*?"0"'3",',$ + ,* + <Q[ + $-4*%' + #$ + ,"?$%$/0"'##$ + $- + 12$#&^$# + .*35&"0'# + $ + ?2/0"*/'"#[+
0*/0*%,'N' + $- + -'/&$% + '3&*# + *# + N'3*%$# + 12$ + ,'N'- + -=%"&* + '* + $#&2,* + ,*# + '#.$0&*#+
-"3"&'%$#B + !$-*/#&%' + 2-' + -2,'/(' + /' + 023&2%' + *%8'/"]'0"*/'3[ + '* + #$% + 0*-.'%',* + a+
#"&2'()*+,'+<#0*3'+,'+7%'"'+K$%-$3D'[+?*%-',*%'+,*#+l4'0D'%="#o[+/*+"/50"*+,*+#=023*B
6'#+'.$/'#+'+",$*3*8"'+.%*?"##"*/'3"]'/&$+$+-*,$%/"]',*%'+/)*+#$%"'+#2?"0"$/&$+
.'%' + 0*4%"% + ' + ,$?"0"$/&$ + ?*%-'()* + ,*# + *?"0"'"# + 4%'#"3$"%*#B + >$%"' + /$0$##`%"* + '2R53"*+
hF
$R&$%/*B+<#&'+/$0$##",',$+j`+D'N"'+#",*+3$N'/&','+12'/,*+\$%-$#+,'+A*/#$0'+N"#"&*2+'+
M3$-'/D'+$-+XpWq[+$+'+?*%('+,$+.*350"'+$#&',2'3+,$+>)*+7'23*[+%"N'3+,'+?*%('+?$,$%'3[+j`+
D'N"'+%$0$4",*+2-'+-"##)*+,$+"/#&%2()*+,'+A%'/('B
CZU5)*-^LLhS*-^I^_HK*+KH]MOLH*TO*#]L_KbchS*
P+"/&$%$##$+$-+0*/&%'&'%+2-'+-"##)*+-"3"&'%+,$+"/#&%2()*+$#&%'/8$"%'+?*"+,$4'&",*+
,2%'/&$+*+.$%5*,*+,'+r+;2$%%'+62/,"'3[+#$/,*+12$+*+.'5#+,$+*%"8$-+'"/,'+$#&'N'+.*%+#$%+
,$?"/",*B + M + M3$-'/D' + &"/D' + ' + .%$?$%i/0"' + ,$ + *?"0"'"# + 0*-* + *# + le*N$/# + H2%0*#o[+
$/12'/&*+12$+'+A%'/('+%$0$4"'+'.*"*+.*35&"0*[+,$N",*+a+-"##)*+%$'3"]','+$-+>)*+7'23*+
'/&$#+,'+r+;2$%%'+GQ'#&*#+A"3D*[+XppYE+F:hhB+6'3'/[+XpqqE+FpIB
M.9#+2-'+#=%"$+,$+'0*%,*#+$/&%$+*+6"/"#&%*+,'+;2$%%'+L'$&'/*+,$+A'%"'+$+*+#$2+
#20$##*%[+8$/$%'3+L'%,*#*+,$+M82"'%[+0*-+'+A%'/('[+.$%-"&"2:#$+*+$/N"*+a12$3$+.'5#+,$+
2-+/*N*+0*/&"/8$/&$ +,$+*?"0"'"# +$#&'8"`%"*#[ +/*+12$ +?"0*2+0*/D$0",' +0*-* +l6"##)*+
M0D=o[+.*%+#$%+$/0'4$(',*+.$3*+;$/$%'3+V'.*3$)*+M0D=B+<#&$#+*?"0"'"#+?*%'-+a+<2%*.'+
0*-+*+"/&2"&*+,$+*4#$%N'%+*#+0*-4'&$#+$+'.%$/,$%+0*-+'#+-'/*4%'#+,*+$R=%0"&*+?%'/0i#[+
$/12'/&*+#$+.%$.'%'N'-+*#+,$&'3D$#+.'%'+$#0*3D$%+,$+12'3+.'5#+N"%"'+'+-"##)*+-"3"&'%+,$+
"/#&%2()*+G6'3'/[+XpqqE+ZXIB
M+N"&9%"'+,*#+?%'/0$#$#+/'+r+;2$%%'+62/,"'3+%$#*3N$2+*+"-.'##$[+-'%0'/,*:#$+'+
N"/,'+,'+-"##)*+'+.'%&"%+,$+XpCX[+'##"-+12$+#$+$#0*3D$##$+.%"-$"%*+*+0*-'/,'/&$B+M+
$#0*3D'+0'"2+#*4%$+*+8$/$%'3+6'2%"0$+;'-$3"/[+12$+D'N"'+#$+#'8%',*+4*-+0*-'/,'/&$[+
&$/,*+0D$?"',*+*+<#&',*:6'"*%+,*+6'%$0D'3+e*?%$B+
M+6"##)*+6"3"&'%+A%'/0$#'+O+66A+&$N$+0*-*+*4j$&"N*+-*,$%/"]'%+*+#"#&$-'+,$+
$/#"/*+$+,$+"/#&%2()*+,*+<R=%0"&*[+$/#"/'/,*+*#+*?"0"'"#+4%'#"3$"%*#+'+$R$%0$%+?2/(^$#+,$+
<#&',*:6'"*%+$+'3&'+',-"/"#&%'()*B+7'%'+'&"/8"%+*+-`R"-*+,$+*?"0"'"#[+?*%'-+0%"',*#+
02%#*#+,$+%$N"#)*+.'%'+*?"0"'"#+-'"#+'/&"8*#[+$+'&%"425,*+a+6"##)*+*+0*-'/,*+,'#+$#0*3'#+
-"3"&'%$#[+$R0$&*+'+,$+b$'3$/8*[+'+.%"/05."*B
A*"+0%"','+&'-4=-+2-'+$#0*3'+,$+'.$%?$"(*'-$/&*+,$+*?"0"'"#[+.'%'+.'##'%+*#+
$/#"/'-$/&*#+,'+66A+'*#+0'."&)$#+$+&$/$/&$#B+<##'+$#0*3'+#$%N"2+.'%'+0*4%"%+*+$#.'(*+
,$ + '.%$/,"]',* + $/&%$ + ' + ?*%-'()* + ,* + *?"0"'3 + $ + * + $#&2,* + ,$ + <#&',*:6'"*%[ + '3=- + ,$+
hY
%$'N'3"'% + #$2# + 0*/D$0"-$/&*# + /' + ?'#$ + "/&$%-$,"`%"' + ,' + 0'%%$"%' + G6'3'/[ + XpqqE + CZWIB+
H$/,* + .*% + _3&"-* + ' + <#0*3' + 6"3"&'% + #*4 + #2' + "/?32i/0"' + ' + .'%&"% + ,$ + XpCq[ + ' + 6"##)*+
A%'/0$#'+"/?32$/0"'%"'+&*,'+'+0',$"'+,$+$/#"/*+-"3"&'%+/*+Q%'#"3B++
P2&%*+*4j$&"N*+,'+6"##)*+$%'+$#&%2&2%'%+*+<#&',*:6'"*%+,*+<R=%0"&*+0*-*+9%8)*+
?*%-23',*%+,'#+,*2&%"/'#+-"3"&'%$#+$+%$#.*/#`N$3+.$3'+0*/,2()*+,'+*%8'/"]'()*+-"3"&'%+
0*-*+2-+&*,*B+M+66A+0*/#*3",*2+2-'+,*2&%"/'+/*+<6<+$+%$'3"]*2+-'/*4%'#+'/2'"#+
.'%' + ',$#&%'% + *# + 8$/$%'"# + /$3'B + e2/&*#[ + $3$# + ?*%-23'%'- + '# + .%"-$"%'# + \".9&$#$# + ,$+
<-.%$8*+,*+<R=%0"&*+$+'&2'3"]'%'-+*#+.3'/*#+.'%'+#2'+-*4"3"]'()*+$+$-.%$8*+$-+0'#*+
,$+82$%%'B
P#+?%'/0$#$#+#$+&*%/'%'-+*#+-*,$%/"]',*%$#+,*+<6<[+$+&'-4=-+*+-'"*%+'3N*+,$+
0%5&"0'#+,$#&$+9%8)*B+L*/?*%-$+'+6"##)*+"'+"/#&%2"/,*+*?"0"'"#+4%'#"3$"%*#+/'#+?2/(^$#+,$+
<#&',*:6'"*%[+$#&$#+.'##'N'-+'+'.$%?$"(*'%+'#+?2/(^$#+,*+9%8)*[+12$+$/&)*+0*-$('N'+'+
,$?"/"% + ' + *%8'/"]'()* + $- + #$2# + %$823'-$/&*#[ + ,*2&%"/' + $ + ,$-'"# + .%$.'%'&"N*# + .'%' + '+
82$%%'m + *# + ?%'/0$#$#[ + /* + $/&'/&*[ + ,$#$j'N'- + &$% + '382-' + "/8$%i/0"' + #*4%$ + $3'#[ + -'#+
0*/?*%-$+*+9%8)*+.%*8%$,"'[+-$/*#+12$%"'+"/&$%?$%i/0"'+$R&$%/'+$-+#$2#+&%'4'3D*#B
M+,"N$%8i/0"'+$-+%$3'()*+a#+?2/(^$#+,'+6"##)*+$+$/&%$+'#+,*2&%"/'#+?%'/0$#'#+$+'+
N"#)*+,*+<#&',*+6'"*%+?'%"'+0*-+12$+$#&$+12"#$##$+'0$3$%'%+*#+&%'4'3D*#+,'+6"##)*+.'%'+
$/?"-+,`:3'+.*%+$/0$%%','B+M+"/&%*-"##)*+,$+$#&%'/8$"%*#+/'#+'&2'(^$#+,*+<#&',*:6'"*%+
"/0*-*,'N'+*#+*?"0"'"#+4%'#"3$"%*#[+12$+%$02#'N'-+a+66A+*+0*-'/,*+,"%$&*[+?']$/,*+
0*- + 12$ + '&2'##$- + 0*-* + 0*/#23&*%$# + $ + $N"&'/,* + 12$ + $3$# + 0*/#$82"##$- + "/?32$/0"'%+
.*3"&"0'-$/&$+*#+*?"0"'"#+4%'#"3$"%*#B++
<-4*%'+.*%+N`%"'#+N$]$#+$3'+&"N$##$+.$%0'3(*#+$+%$0$4$##$+,"N$%#'#+0%5&"0'#[+/*#+
#$2#+N"/&$+'/*#+,$+*.$%'()*+'+6"##)*+A%'/0$#'+,$"R*2+ O+j2/&*+0*-+#$2#+.%$02%#*%$#+
le*N$/#+H2%0*#o+:+2-+$/#"/*+.%*?"##"*/'3+-'"#+&=0/"0*[+$#.$0"'3"]',*[+0'.']+,$+?*%-'%+
*?"0"'"#+-'"#+.%$.'%',*#+.'%'+'+82$%%'+$+2-+<6<+'.&*+'+$R$%0$%+#2'+?2/()*+,$+?*%-23'%+
'+.*35&"0'+,$+,$?$#'+/'0"*/'3[+12$+&*%/*2+'+*%8'/"]'()*+-'"#+0$/&%'3"]','+$+0*$#'B
+ M+6"##)*+6"3"&'%+A%'/0$#'+,2%'%"'+'&=+XpYW[+-'#+j`+$-+-$',*#+,'+,=0','+,$+
XpFW+#2'#+?2/(^$#+D'N"'-+#",*+%$,2]",'#B+M+%'.",$]+0*-+12$+*#+*?"0"'"#+4%'#"3$"%*#+
$R&%'5%'- + *# + $/#"/'-$/&*# + ,' + 66A + $ + *# + ','.&'%'- + '* + 0'#* + 4%'#"3$"%* + 3$N*2 + a+
,"-"/2"()*+,*+&'-'/D*+,'+6"##)*B+
hZ
V'+,=0','+,$+XpFW+'+6"##)*+A%'/0$#'+j`+02-.%"'+'+?2/()*+,$+"/#&%2&*%'+/'#+
$#0*3'#+-"3"&'%$#[+&%'&'/,*+#*4%$+`%$'#+0*-*+'+'N"'()*+-"3"&'%+$+'+-*&*:-$0'/"]'()*B+M+
6"##)* + A%'/0$#' + 0*/&"/2'N' + 0*- + #$2# + $#?*%(*# + -*,$%/"]',*%$#[ + ,$-*/#&%'/,* + 12$+
D'N"'+.%*8%$##*+G$-+0'#*#+N'%"`N$"#I+/'+-$3D*%'+&=0/"0'+,'+&%*.'B+M+'%-'+'=%$'[+12$+
,$#$-.$/D*2 + .'.$3 + "-.*%&'/&$ + $- + XpFC + 0*/&%' + '# + ?*%('# + .'23"#&'#[ + .%*8%$,"' + 0*-+
"/#&%2&*%$#+$#&%'/8$"%*#+$+0*-+'+?*%-'()*+,*+L*%%$"*+M=%$*+6"3"&'%+G60L'//[+CWWkE+
YZCIB+M+-$0'/"]'()*+,'+A*%('+0*-$('N'+'+%$0$4$%+,*#+?%'/0$#$#+*+'.*"*+&=0/"0*[+0*-+*+
$/N"*+,$+$#&'8"`%"*#+a+A%'/('+.'%'+'+<#0*3'+,$+6$0'/"]'()*+,$+>'2-2% Ck[+'+.'%&"%+,$+
XpFZB
P+"/50"*+,'+rr+;2$%%'+62/,"'3+0D'-'%"'+,$+N*3&'+a+A%'/('+*#+%$-'/$#0$/&$#+,'+
6"##)*+6"3"&'%+A%'/0$#'[+-'#+$3'+,$"R'%'+'*+<R=%0"&*+Q%'#"3$"%*+2-+0'%`&$%+.%*?"##"*/'3+
-'"# +0*-.'&5N$3+0*-+'+82$%%'+-*,$%/'[+$+2-'+?*%-'()*+,$?"/",'+#*4%$+*+.'.$3+,*+
<R=%0"&* + /' + #*0"$,',$ + 4%'#"3$"%' + 0*-* + 2-' + ?*%(' + 0"N"3"]',*%'[ + ,$#$/N*3N"-$/&"#&' + $+
$#&'4"3"]',*%'B
CZC5)*%KH*$HKaHL
M + b$N*32()* + ,$ + XpFW + .x# + ?"- + a + b$._43"0' + K$3D' + $ + ,$2 + "/50"* + '* + .$%5*,*+
K'%82"#&'B+M+,"#.2&'+$/&%$+*+.*,$%+?$,$%'3+$+'#+*3"8'%12"'#+$#&',2'"#+?$]+0*-+12$+*+
$R=%0"&* +%$0$4$##$+-'"*% +"-.*%&u/0"' +,*+8*N$%/*B+P+&'-'/D* +,$+'382-'# +?*%('# +,$+
7*350"'+<#&',2'"#+0D$8'N'+'+#$%+0*-.'%','+a+,$+$R=%0"&*#+,$+.$12$/*#+.'5#$#[+,$N",*+a+
/$0$##",',$+,'#+$3"&$#+$-+.*##25%$-+2-'+?*%('+0'.']+,$+,"##2',"%+*+.*,$%+A$,$%'3B
H$/,*+$#&$+"/"-"8*+"/&$%/*[+*+8*N$%/*+.%$0"#'N'+2&"3"]'%+%$02%#*#+.'%'+'2-$/&'%+
*+<R=%0"&*+$-+/_-$%*+$+$12".`:3*+0*-+'%-'-$/&*+-*,$%/*B+6$#-*+'##"-[+*+8*N$%/*+
/)*+&"/D'+%$02%#*#+#2?"0"$/&$#+.'%'+8'%'/&"%+$##$+'2-$/&*B
M+12$4%'+,*+-*/*.93"*+*3"8'%0'+/*+.*,$%+$#&'&'3+,'%"'+328'%+'+8%2.*#+.*35&"0*#+
0*-+",="'#+-$/*#+0*/#$%N',*%'#[+3"8','#+'*+#$&*%+"/,2#&%"'3:2%4'/*+$+a+03'##$+-=,"'+
G0*-+'+,$%%*&'+,'#+?*%('#+$#&',2'"#+.'23"#&'#+/'+b$N*32()*+L*/#&"&20"*/'3"#&'+$-+XpFCIB+
Ck
+M+<#0*3'+,$+L'N'3'%"'+,$+>'2-2%[+/'+A%'/('[+$%'+*/,$+*#+*?"0"'"#+,'12$3$+.'5#+%$0$4"'-+"/#&%2(^$#+
%$3'&"N'#+'*+$-.%$8*+,'+'%-'+,$+0'N'3'%"'[+.%"/0".'3-$/&$+$12"&'()*B+L*-+'+-$0'/"]'()*+,$+.'%&$+,*+
$R=%0"&*+A%'/0i#+/*+-$"*+,'+,=0','+,$+XpFW[+$3'+.'##*2+&'-4=-+'+$/#"/'%+*+$-.%$8*+,$+0'%%*#+,$+
0*-4'&$B+
hh
P + .'.$3 + ,* + $R=%0"&* + /* + 6*N"-$/&* + 7'0"?"0',*% Cq+ ,$-*/#&%'%"' + '# + 23&"-'#+
,$#'N$/('#+$/&%$+*#+8%2.*#+,$+*?"0"'"#+-'"#+'/&"8*#+$+'#+/*N'#+8$%'(^$#[+12$+%$0$4$%'-+
'.*"*+,*+.*,$%+0"N"3+%$0=-+"/#&"&25,*B+M#+12$4%'#+,$+D"$%'%12"'[+0*/#&'/&$#+/'+,=0','+,$+
XpCW[+0D$8'%'-+'*+'28$+'.9#+XpFWB+P+<Q+$#&'N'+0*-+N'%"'#+3'02/'#+/'+$#&%2&2%'+,$+
0*-'/,*[+12$+.'##'%'-+'+#$%+.%$$/0D",'#+.$3*#+*?"0"'"#+12$+'.*"'%'-+'+%$N*32()*B+
</&%$+*#+*?"0"'"#+.%*-*N",*#[+;9$#+6*/&$"%*+?*"+*+-'"#+"-.*%&'/&$B+P?"0"'3+12$+
#$+-'/&$N$+,"#&'/0"',*+,*#+-*N"-$/&*# +.*35&"0*# +/'+,=0','+,$+XpCW[+&$/,*+&*-',*+
.'%&$ + /' + .$%#$82"()* + a + L*32/' + 7%$#&$#[ + $%' + 0*/#",$%',* + "/&$3"8$/&$ + $ + '2&*0*/?"'/&$+
G60L'//[ + CWWkE + FZhIB + <#&2,*2 + 0*- + ' + 6"##)* + A%'/0$#'[ + %$0$4$/,* + 0*/D$0"-$/&* + $+
"/#."%'()*+.'%'+.$%0$4$%+'#+,$?"0"i/0"'#+,'+*%8'/"]'()*+-"3"&'%+$-+12$+#$%N"'+G60L'//[+
CWWkE+FZkIB+!2%'/&$+#$2+#$%N"(*+/'+,=0','+,$+XpCW[+?"0*2+0*/#&$%/',*+0*-+'+,$4"3",',$+
,* + <R=%0"&* + $- + 02-.%"% + #2'# + ?2/(^$#B + M#0$/,$/,* + /' + 0'%%$"%' + ,2%'/&$ + ' + ,=0','[ + *+
,$#0'#*+12$+N"2+$-+%$3'()*+a+#"&2'()*+/'0"*/'3+*+3$N*2+'+0%$%+12$+'.$/'#+2-'+-2,'/('+
%',"0'3+'3&$%'%"'+*+$#&',*+.*35&"0*+$R"#&$/&$B
>*4+'+.%$##)*+,$+.*35&"0*#+$+-"3"&'%$#+.%9R"-*#[+;9$#+6*/&$"%*+'0$"&*2+'##2-"%+
*+0*-'/,*+-"3"&'%+,'+%$N*32()*B+P#+-"3"&'%$#+,*+6*N"-$/&*+7'0"?"0',*%[+'*+,$.*%+*+
.%$#",$/&$ + S'#D"/8&*/ + T2"#[ + $N"&'%'- + 2- + 0*/?3"&*[ + -'# + /)* + "-.$,"%'- + 12$ + $##$+
0*/?3"&*+#$+"/#&'3'##$+,$/&%*+,'+*%8'/"]'()*[+$/&%$+'+N$3D'+*?"0"'3",',$+.'0"?"0',*%'+$+'+
/*N'+*?"0"'3",',$+%$N*320"*/`%"'B
M + '#0$/#)* + ,$ + ;9$# + 6*/&$"%* + '.9# + ' + %$N*32()*[ + "-.23#"*/',' + .*% + #2'+
'##*0"'()*+0*-+K'%8'#[+N"#'N'+'+#*320"*/'%+$#&$+"-.'##$B+P#+8%2.*#+,$/&%*+,*+$R=%0"&*+
"'-+#$+,"N","/,*[+$+.%*43$-'#+0*-*+'+12$#&)*+,'#+.%*-*(^$#+.*%+-*&"N*#+.*35&"0*#+
0'2#'N'- + ,$#'N$/('#B + M + ,"N"#)* + #$ + %$#*3N$2 + 0*- + ' + ;2$%%' + 0"N"3 + ,$ + XpFC[ + $/&%$ + *+
8*N$%/*+?$,$%'3+$+'#+?*%('#+.'23"#&'#[+2-'+32&'+$-+12$+.$#*2+-'"#+'+D'4"3",',$+,*#+
*?"0"'"#+,*+12$+'+0'.'0",',$+-'&$%"'3[+$+12$+#$%N"2+.'%'+$/?%'12$0$%+'+N$3D'+*?"0"'3",',$+
$+?*%&'3$0$%+*+8%2.*+,$+;9$#B++
M+N"&9%"'+,*+8*N$%/*+?$,$%'3+.*##"4"3"&*2+'+%$$#&%2&2%'()*+,*+0*-'/,*+-"3"&'%B+M+
.'%&"%+,$#&$+.*/&*[+?*%'-+.%*-*N",*#+*?"0"'"#+.%9:8*N$%/*B+P+<Q+8'/D'N'+0*%.*+0*-*+
Cq
+6*N"-$/&*+7'0"?"0',*%+?*"+*+/*-$+,',*+a+'()*+,$+*?"0"'"#+,*+<R=%0"&*+12$[+,2%'/&$+'+b$N*32()*+,$+
XpFW[+$N"&'%'-+*+0*/?3"&*+"/&$%/*+$-+&%*0'+,$+0*/N$/0$%+*+.%$#",$/&$+S'#D"/8&*/+T2"#+'+%$/2/0"'%B+</&%$+
$#&$#+*?"0"'"#[+'+-'"*%"'+8$/$%'"#+#$,"',*#+/'+0'."&'3+,*+.'5#[+$#&'N'-+H'##*+A%'8*#*[+Q$%&*3,*+g3"/8$%+$+
6$/'+Q'%%$&*B+
hk
"/#&"&2"()*+,$+,$?$#'+,*#+"/&$%$##$#+/'0"*/'3"#&'#+,*+/*N*+8*N$%/*[+$-+&%*0'+,$+%$02%#*#+
.'%'+#2'+-*,$%/"]'()*B+
<-+-$',*#+,'+,=0','+,$+XpFW+*0*%%$%'-+-*N"-$/&*#+.*35&"0*#+,'+$#12$%,'+$+
,'+$R&%$-'+,"%$"&'B+M+r/&$/&*/'+L*-2/"#&'+$-+XpFZ+'&"/8"%'+.'%&$+,*+$R=%0"&*[+0*-+
%$N*3&'# + $- + '382/# + 12'%&="#B + <- + #$82",'[ + * + r/&$8%'3"#-* + $ + #$2 + ,"#02%#* + ?'#0"#&'[+
'/8'%"'/,*+*+"/&$%$##$+,$+-"3"&'%$#+'+#2'+0'2#'B+<##'#+'-$'('#+3$N'%'-+*+<Q[+#*4+'+
"/?32i/0"' +,$+;9$#[+'+'.*"'%+*+8*3.$ +,$+XpFk+12$+0%"*2+*+<#&',*+V*N*[+'+,"&',2%'+
N'%82"#&'B + 7%'&"0*2:#$ +$/&)* +' + .*35&"0' +?*%-23',' + .*%+ ;9$# +6*/&$"%* + ,$+ #$+ l?']$% + '+
.*35&"0'+,*+$R=%0"&*[+$-+N$]+,'+.*35&"0'+/*+$R=%0"&*o+GL*$3D*[+CWWWE+XXZI[+12$+8'/D*2+
?*%('+,$/&%*+,'+*%8'/"]'()*+-"3"&'%+/*+-$"*+,'+,=0','B
P+<#&',*+V*N*+,$2+'*+<Q+'+$#&'4"3",',$+.*35&"0'+12$+3D$+.$%-"&"2+0*/0$/&%'%+
#$2#+$#?*%(*#+$-+*%8'/"]'%:#$+0*-*+?*%('+-"3"&'%+-*,$%/'B+>$-+.%*43$-'#+.*35&"0*#+,$+
*%"8$-+$R&$%/'[+*+<Q+0*/#*3",*2:#$+"/&$%/'-$/&$+$-+42#0'+,'+.%*?"##"*/'3"]'()*+,*#+
#$2#+12',%*#+$+,'+-*,$%/"]'()*+,$+#2'#+"/#&'3'(^$#+$+$12".'-$/&*#B
P+'0*%,*+?$0D',*+$/&%$+;$&23"*+K'%8'#[+;9$#+6*/&$"%*+$+,$-'"#+-"3"&'%$#[+.'%'+
8'%'/&"%+*+'.*"*+,'#+?*%('#+'%-','#+'*+8*3.$[+8'%'/&"2+*+?32R*+,$+%$02%#*#+0'.']+,$+
4'/0'% + ' + -*,$%/"]'()* + 12$ + j` + N"/D' + #$/,* + .3'/$j',' + ,$#,$ + * + .$%5*,* + XpFY:XpFZ[+
12'/,* + ;9$# + '##2-"2 + * + 6"/"#&=%"* + ,' + ;2$%%'B + M&= + $#&$ + -*-$/&*[ + *# + .%*0$##*# + ,$+
-*,$%/"]'()*+/*+$R=%0"&*+?2/0"*/'N'-+,$+'0*%,*+0*-+*#+.*20*#+%$02%#*#+12$+$%'-+
,$#&"/',*#+'+$3$#B+
P + $R=%0"&* + %$,$#0*4%"2 + '*# + .*20*# + #$2 + .'.$3 + ,$ + ,$?$/#*% + 0*/&%' + ' + '8%$##)*+
$R&$%/'[+*+12$+*+3$N*2+'+*4#$%N'%+,$+.$%&*+*#+0*/?3"&*#+,'+,=0','[+$/&%$+$3$#+'+0*/12"#&'+
,'+M4"##5/"'+.$3*#+"&'3"'/*#[+'+;2$%%'+L"N"3+<#.'/D*3'+$+'+;2$%%'+,*+LD'0*[+$+,$3$#+
$R&%'5%$- + "/?*%-'(^$#B + <##$ + _3&"-* + 0*/?3"&*[ + $/N*3N$/,* + *# + $#&',*# + N"]"/D*# + ,*+
7'%'82'" + $ + Q*35N"'[ + ?*" + '0*-.'/D',* + '&$/&'-$/&$[ + $#&2,',*[ + $ + &$N$ + -$-4%*# + ,*+
$R=%0"&*+.%$#$/&$#+/'+-$,"'()*+,*+0*/?3"&*B+>$%N"2+.%"/0".'3-$/&$+.'%'+,$-*/#&%'%+'+
K'%8'# + $ + '* + 0*-'/,* + .*35&"0* + ' + .%$0'%"$,',$ + $- + 12$ + * + <R=%0"&* + Q%'#"3$"%* + #$+
$/0*/&%'N'E + "/0'.'] + ,$[ + #$ + /$0$##`%"* + ?*##$[ + "/&$%N"% + /' + %$8")* + ,' + M-=%"0' + ,* + >23[+
-$#-*+$-+,$?$#'+.%9.%"'+G60L'//[+CWWkE+YYXm+YZXIB
hq
V'+$#&%2&2%'+$+*%8'/"]'()*[+*#+.3'/*#+,$+;9$#+6*/&$"%*+,2%'/&$+#$2+.$%5*,*+
0*-*+6"/"#&%*+,'+;2$%%'[+,$+XpFY+'+XpFZ[+?*%'-+.*#&*#+$-+'()*+'&%'N=#+,'#+T$"#+,$+
P%8'/"]'()*+;$%'3+,*+<R=%0"&*+$+,$+P%8'/"]'()*+;$%'3+,*+6"/"#&=%"*+,'+;2$%%'[+&*,'#+
,$+XpFY[+12$+,$?"/"%'-+*+.'.$3+,$#&$#+9%8)*#[+*+&'-'/D*+$+$#&%2&2%'+12$+*+$R=%0"&*+&$%"'+
$- + ,"'/&$[ + /' + T$" + ,$ + P%8'/"]'()* + ,$ + z2',%*# + $ + <?$&"N*#B + H'-4=- + /$#&$ + '/* + #$+
.%*-238' + ' + T$" + ,$ + 7%*-*(^$#[ + 12$ + %$823'%"]' + ' + '#0$/#)* + ,*# + *?"0"'"#[ + %$,2]"/,* + '+
.*##"4"3",',$ + ,$ + 12$ + $#&$# + .2,$##$- + #$% + 0**.&',*# + .*% + 0'2#'# + .'%&",`%"'# + $+
,$#$#&'4"3"]'##$-+*+0$/`%"*+.*35&"0*B+++
M + -*,$%/"]'()* + ,* + $R=%0"&* + $ + * + ,$#$/N*3N"-$/&* + 4%'#"3$"%* + .%*.*#&* + .$3*+
<#&',*+V*N*+'/,'N'-+"/&$%3"8',*#B+6$3D*%'#+/'+$,20'()*[+/*#+,"%$"&*#+&%'4'3D"#&'#+$+/'+
#'_,$+-*,"?"0'N'-+'+#*0"$,',$+4%'#"3$"%'+12$+"'+#$+&*%/'/,*+0','+N$]+-'"#+2%4'/'B+6'#+
'+$0*/*-"'+4%'#"3$"%'+.*%+#"+#9+/)*+.$%-"&"'+'N'/(*#+%`.",*#B
M+'12"#"()*+,$+-'&$%"'3+-"3"&'%+0*/&"/2'N'+'+#$%+.%*43$-`&"0'+,$N",*+a+$0*/*-"'+
.%$,*-"/'/&$-$/&$+'8%*$R.*%&',*%'+,*+Q%'#"3+12$+/)*+8$%'N'+%$0$"&'+12$+.$%-"&"##$+
-'"*%$#+8'#&*#+/'+`%$'+,$+,$?$#'[+'3=-+,*+?'&*+,$+8'#&*#+/$#&'+`%$'+#$%$-+N"#&*#+0*-*+
"/0*-.'&5N$"#+0*-+*#+"/&$/&*#+,$+2-'+l/'()*+.'0"?"#&'oB++
CZV53KO]b]M^S*k*##*1bOKKH*-b]T^HI*O*LbHL*SjSK_b]^THTOL
M + 0*/j2/&2%' + "/&$%/'0"*/'3 + '0'4'%"' + .*% + ?'N*%$0$% + * + Q%'#"3B + M + '#0$/#)* + ,*#+
-*N"-$/&*#+,$+$R&%$-'+,"%$"&'+/'+M3$-'/D'+$+r&`3"'+'4%"%'-+'#+.*%&'#+.'%'+2-+-$%0',*+
"/,2#&%"'3"]',*[+/$0$##"&'/,*+,$+%$0$4$%+'#+-'&=%"'#+.%"-'#+.%*,2]",'#+/*+Q%'#"3m+$-+
&%*0'[+*+8*N$%/*+%$0$4"'+0%=,"&*#+,$+0*-.$/#'()*+12$+.*,"'-+#$%+&%*0',*#+.*%+.%*,2&*#+
"/,2#&%"'3"]',*# + ,$#&$# + .'5#$#B + V$#&$ + #"#&$-' + ,$ + 0*-.$/#'()*[ + * + 8*N$%/* + 4%'#"3$"%*+
',12"%"2+0'/D^$#[+#24-'%"/*#[+N$5023*#[+$12".'-$/&*#+$+0'%%*#+43"/,',*#+G\"3&*/[+XpkkE+
Xqpm+M3N$#+CWWkE+kFIB+
6$#-* + 0*- + *# + 4$/$?50"*# + ,* + #"#&$-' + ,$ + 0*-.$/#'()* + $0*/x-"0'[ + '+
-*,$%/"]'()* + 0*/&"/2'N' + 3$/&'B + P + .%*0$##* + .'%' + ',12"%"% + *# + .%*,2&*# + $%' + 3$/&*[ + $+
,$.$/,"' +,'# +/$8*0"'(^$#[ +,$.$/,$/,* +,*+12$+*+Q%'#"3 +.2,$##$+*?$%$0$% +$ +12"#$##$+
',12"%"%B
hp
\'N"'+&'-4=-+'+/$0$##",',$+,$+%$$12".'%+*+<R=%0"&*+$-+?'0$+,$+2-+*.*/$/&$+
$R&$%/*B+P+.'5#+N"]"/D*[+'+M%8$/&"/'[+&'-4=-+$#&'N'+/'+,=0','+,$+XpFW+$-+.%*0$##*+,$+
-*,$%/"]'()* + ,$ + #2'# + ?*%('#B + M + '12"#"()* + ,$ + $12".'-$/&* + .'%' + 2- + ,*# + .'5#$# + $%'+
#$-.%$+'0*-.'/D','+0*-+02",',*+.$3*+#$2+%"N'3B+
V*N'-$/&$[+/*+$/&'/&*[+'+0*/j2/&2%'+"/&$%/'0"*/'3+'2R"3"'%"'+*+<R=%0"&*B+L*-+*#+
u/"-*# + #$ + '0"%%'/,* + /' + <2%*.' + $ + ' + 0D$8',' + ,$ + *2&%* + 0*/?3"&* + -2/,"'3[ + *# + <#&',*#+
@/",*#+,'+M-=%"0'+42#0'%'-+'+-'/2&$/()*+,'+#2'+"/?32i/0"'+.*35&"0'+$+$0*/x-"0'+/'+
#2' + %$8")*B + P + 8*N$%/* + 4%'#"3$"%* + "%"' + $/&)* + 4'%8'/D'% + #$2 + '.*"* + '&= + * + 3"-"&$[ + .'%'+
8'%'/&"% + '%-'-$/&* + -*,$%/* + a# + ?*%('# + '%-','# + $ + ' + "-.3'/&'()* + ,$ + 2-' + 2#"/'+
#",$%_%8"0'+/*+.'5#B
M+>$82/,'+;2$%%'+62/,"'3+3$N'%"'+*#+<@M+'+N$/0$%+'+,"#.2&'[+&'/&*+.$3'+*?$%&'+
*?$%$0",'+12'/&*+.$3'+#"&2'()*+?'N*%`N$3+,'+.%*R"-",',$+0*-+*+Q%'#"3B+M+"/#&'3'()*+,$+
2-'+4'#$+,*#+<@M+/*+/*%,$#&$+,*+Q%'#"3[+'+N$/,'+,$+-'&=%"'+O+.%"-'+.%$?$%$/0"'3+'*+
N"]"/D*+,*+/*%&$+$+'+,$03'%'()*+,$+82$%%'+'*#+.'5#$#+,*+<"R*+8'%'/&"2+'*+Q%'#"3+'+2#"/'+
#",$%_%8"0'+$+'+-*,$%/"]'()*+,$+#2'#+?*%('#+'%-','#[+'&%'N=#+,*+#"#&$-'+,$+R"'(?6"&*"#
,*+8*N$%/*+,*#+<@M+GM3N$#[+CWWkE+kYIB++++++++
++
CZW5&OLb[S*
P+-*,$3*+,$+*?"0"'3+12$+N'"+#$+?*%-'/,*+,2%'/&$+$#&$+.$%5*,*[+,$/*-"/',*+&'/&*+
0*-* + * +*)6(&() # /).2).&4B)+ *2 + 0*-* + * ++"'"'+3*,) # 2)6D+3/)?2.)-3**3)'&6[# #$%"' + *+
%$#23&',* + ?"/'3 + ,'# + ",="'# + ,*# + le*N$/# + H2%0*#o + $ + ,' + 6"##)* + A%'/0$#'E + *?"0"'"#+
.*3"&"0'-$/&$ + /$2&%*# + *2 + N*3&',*# + a + "/#&"&2"()*[ + .%$*02.',*# + 0*- + * + '.%$/,"]',* + $+
$/#"/*+&=0/"0*+$+&$9%"0*+,'+82$%%'[+0*-.%*-$&",*#+0*-+'+,$?$#'+,*+.'5#+0*/&%'+"/"-"8*#+
$R&$%/*#B
P# +N'3*%$# +0*/#&%25,*#+.*%+$#&$+8%2.*[+0*/?"%-',*# +.$3' +*%8'/"]'()*[ +,'N'-+
"-.*%&u/0"'+'*+*?"0"'3+.%*?"##"*/'3[+$/8'j',*+$-+#2'+.%*?"##)*+$+?'N*%`N$3+'+-2,'/('#+
12$ + .2,$##$- + '2-$/&'% + ' + $?"0"i/0"' + ,' + *%8'/"]'()* + -"3"&'% + /' + %$'3"]'()* + ,$ + #2'#+
?2/(^$#B
\'N"' + 8%2.*# + 0*/&%`%"*#[ + '"/,' + #*4%' + ,' + N$3D' + *?"0"'3",',$[ + 12$ + 0%$#0$2+
.%*?"##"*/'3-$/&$+$-+*2&%'+023&2%'+*%8'/"]'0"*/'3B+6'#+*+&$-.*[+$+'+"-.*%&u/0"'+,$+
-*,$%/"]'%+'+*%8'/"]'()*+/*#+-*3,$#+"/,2#&%"'"#[+.$%-"&"%'-+12$+*+0'-"/D*+#$+'4%"##$+
kW
.'%'+'+/*N'+8$%'()*+,$+*?"0"'"#+12$+"'+#$+?*%-'/,*[+"/?32$/0"','+.$3*#+le*N$/#+H2%0*#o+
$+.$3'+6"##)*+A%'/0$#'B
>$+.*%+2-+3',*+'+66A+?*"+"-.*%&'/&$+'*+*%8'/"]'%+'+0',$"'+,$+$/#"/*+-"3"&'%+/*+
<R=%0"&*[ + ,' + ?*%-'()* + ,* + *?"0"'3 + a + #2' + $#.$0"'3"]'()*[ + $3' + &'-4=- + 0*/&%"42"2 + /'+
0*/#*3",'()*+,*+<6<+0*-*+9%8)*+*%8'/"]',*%+,'+?*%('B+<3$+#$+&*%/*2+0'.']+,$+'N'3"'%+
$ + 0*/,2]"% + *+ .%*0$##* + ,$+ -*,$%/"]'()* + ,' + *%8'/"]'()* + ,$+ '0*%,* + 0*- + *# + %$02%#*#+
,"#.*/5N$"#[+$+,$+.%$##"*/'%+*+<#&',*+.'%'+0*/#$82":3*#B+
H'-4=-+"-.*%&'/&$+$-+%$3'()*+a+0*/#*3",'()*+,'+*%8'/"]'()*+0*-*+"/#&"&2"()*+
?*%'-+'# +3$"# +"-.3$-$/&','# +$-+XpFY[+12$+$?$&"N'%'- +/*N'#+2/",',$#[+-*,$%/'#[+$+
.%"/0".'3-$/&$+*%8'/"]'%'-+'+12$#&)*+,'#+.%*-*(^$#+,$+0'%%$"%'+,*#+*?"0"'"#[+%$&"%'/,*:
'#+,*+0*/&%*3$+.*35&"0*B+M##"-+'#+.%*-*(^$#+.2,$%'-+#$%+0*/&%*3','#+.$3*+0*-'/,*+,'+
*%8'/"]'()*[+12$+.*,$%"'+2&"3"]`:3'#+.'%'+.%*-*N$%+'#+&%'/#?*%-'(^$#+/$0$##`%"'#B
7*,$:#$+N$%+&'-4=-+*+&$-.*+,$0*%%",*+.'%'+12$+'+-*,$%/"]'()*+,'+*%8'/"]'()*+
?*##$+$?$&2','E+,$#,$+*+-"/"#&=%"*+6'33$&+'&=+*+"/"0"*+,'+rr+;2$%%'+62/,"'3[+*+.%*0$##*+
$#&'N'+$-+'/,'-$/&*[+$-4*%'+"/0*/#&'/&$+$+#$-+.%$N"#)*+,$+?"-B+r##*+,$-*/#&%'+12$+
-2,'/('#+%$'3"]','#+$-+*%8'/"]'(^$#+-"3"&'%$#+$-+.$%5*,*#+,$+.']+#$+%$'3"]'-+-'"#+
3$/&'-$/&$+12$+$-+.$%5*,*#+,$+&$/#)*+$+,$+0*/?3"&*#B
P#+-*-$/&*#+$-+12$+*+<R=%0"&*+'0$3$%*2+#$2+.%*0$##*+,$+-*,$%/"]'()*+$#&)*+
%$3'0"*/',*#+'*#+.$%5*,*#+$-+12$+$3$+&$N$+,$+'&2'%+0*/&%'+2-+"/"-"8*[+$-+$#.$0"'3+/*#+
$/?%$/&'-$/&*# +,'+,=0','+,$+XpFWB+<##'+%$3'()* +0*%%*4*%'+'#+'?"%-'(^$# +,$+A'%%$33+
GCWWCE+kI+$+b*#$/+GXppXE+CXm+CCI+,$+12$+2-+0D*12$+$R&$%/*+'0$3$%'+&%'/#?*%-'(^$#+/'#+
*%8'/"]'(^$#+-"3"&'%$#B
L*-+*+0*/&$R&*+D"#&9%"0*+'.%$#$/&',*+$+'/'3"#',*+#$%`+.*##5N$3+$/&)*+,$&'3D'%[+'+
#$82"%[+*+.%*0$##*+12$+.x,$+3$N'%+a+"/032#)*+,'#+"/*N'(^$#+,'+-$0'/"]'()*+/*+<R=%0"&*+
Q%'#"3$"%*[+0*-*+.'%&$+,*+#$2+.%*0$##*+,$+-*,$%/"]'()*B
kX
V5)*-/./-%2)"#<)67/*"/*>&)'#,
M+ "/&%*,2()* + ,*# + 0'%%*# +,$ +0*-4'&$ +/*+ Q%'#"3[+ ,$+'0*%,* +0*-+ *+D"#&*%"',*%+
-"3"&'% + 7*%&$33' + M3N$# + GXphYE + FpXI[ + .'##*2 + .*% + &%i# + ?'#$#E + ' + ?*%-'()* + ,' + .%"-$"%'+
2/",',$[+'+L*-.'/D"'+,$+L'%%*#+,$+M##'3&*[+$-+XpCXm+'+0%"'()*+,*+L$/&%*+,$+r/#&%2()*+
,$+6*&*-$0'/"]'()*[+$-+XpFqm+$+'+0D$8','+$-+-'##'+,*#+$12".'-$/&*#+,*#+<#&',*#+
@/",*#+,'+M-$%"0'[+,2%'/&$+*+-$"*+$+*+?"-+,'+>$82/,'+;2$%%'+62/,"'3B
M# + ?'#$# + /)* + #$82$- + 2-' + #$1yi/0"'[ + $ + #)* + ,"#&"/&'# + $/&%$ + #"B + M3N$# + '#+
,"?$%$/0"*2+,$+'0*%,*+0*-+'+'12"#"()*+,$+-'&$%"'3+O+*#+&".*#+,$+0'%%*#+,$+0*-4'&$+O+$+
$- + #$82/,* + .3'/* + ,$ + '0*%,* + 0*- + '# + 2/",',$# + ?*%-','#B + P2&%* + D"#&*%"',*% + 12$+
.$#12"#*2+'+-*,$%/"]'()*+,'+0'N'3'%"'+/*+Q%'#"3[+6'2%"0"*+,$+>"12$"%'+6'33$&+>*'%$#+
GXppFE+XXWI[+'# +,"N","2 +,'+-$#-' +?*%-'[ +-'# +$/?'&"]*2 +12$+$#&'+,"N"#)*+-$3D*% +#$+
',=12' + '*# + -*-$/&*# + ,$ + -2,'/(' + *.$%'0"*/'3[ + $- + N$] + ,$ + -'&$%"'3B + M* + '/'3"#'% + *+
.%*0$##* + ,$ + &%'/#?*%-'()* + '&%'N=# + ,' + .%*,2()* + ,$ + "/?*%-'(^$# + #*4%$ + *# + 0'%%*# + ,$+
0*-4'&$+/*+Q%'#"3+$+*4#$%N'/,*+'+'2#i/0"'+,$+,"#02##)*+*.$%'0"*/'3[+$3$+0*/032"2+12$+*+
.%*0$##*+,$+-$0'/"]'()*+,'+0'N'3'%"'+/*+<R=%0"&*+#$+,$2+,$+-'/$"%'+$12"N*0','[+#$-+'+
,$N",'+c/'0"*/'3"]'()*d+,*+.%*43$-'B+
>$82"/,*+'+,"N"#)*+&$-.*%'3+.%*.*#&'+.*%+$##$#+,*"#+'2&*%$#[+#$%)*+$R'-"/','#+
'#+,2'#+.%"-$"%'#+?'#$#+,$+"/&%*,2()*+,*#+0'%%*#+,$+0*-4'&$[+'+.%"-$"%'+$-+XpCX+$+'+
#$82/,'+$-+XpFq[+.*%+$#&'%$-+"/#$%",'#+/*+.$%5*,*+$/&%$+O+82$%%'#[+-$#-'+=.*0'+$-+
12$+*0*%%$%'-+$-+*2&%*#+$R=%0"&*#+'+"/*N'()*+,'+-$0'/"]'()*B
VZ@53OKLjOM_^JH*o^L_`K^MH
VZ@Z@53K^[O^KH*+HLO*?@AB@D
M+.%"-$"%'+2/",',$+,$+0'%%*#+,$+0*-4'&$+,*+<R=%0"&*+Q%'#"3$"%*+O+$+&'-4=-+'+
.%"-$"%'+,'+M-=%"0'+,*+>23+:+?*"+0*/#&"&25,'+$-+XpCX[+12'/,*+#$+?*%-'+'+L*-.'/D"'+,$+
L'%%*#+,$+M##'3&*[+#$/,*+.*#&$%"*%-$/&$+'3&$%',*+.'%'+0'%%*#+,$+0*-4'&$+/*+/*-$+,'+
2/",',$ + G$- + XpCFIB + >*4 + * + 0*-'/,* + ,* + $/&)* + 0'."&)* + e*#= + 7$##*' + L'N'30'/&" + ,$+
M34212$%12$[+'+2/",',$+%$0$4$2+#$2#+.%"-$"%*#+N$5023*#+$+&%".23'/&$#+GQ'#&*#[+CWXXE+FFB+
T*2%*[+CWWqE+FWIB+
e*#=+7$##*'+D'N"'+#",*+2-+,*#+*?"0"'"#+,$#"8/',*#+.'%'+'0*-.'/D'%+*+8$/$%'3+
V'.*3$)* + M0D= + /' + -"##)* + ,$ + "/#&%2()* + $ + *4#$%N'()* + ,* + $R=%0"&* + ?%'/0i# + $- + XpXk+
kC
GT*2%*[+CWWqE+CFB+60L'//[+CWWkE+CYCIB+<%'+*?"0"'3+,$+0'N'3'%"'[+'32/*+,'+<#0*3'+,$+
b$'3$/8* + ,2%'/&$ + * + 0*-'/,* + ,* + 8$/$%'3 + \$%-$# + ,' + A*/#$0'[ + .'%$/&$ + ,$ + .*35&"0*#+
"/?32$/&$#+,'+b$.243"0'+K$3D'+$+0*/#",$%',*+*?"0"'3+"/&$3"8$/&$+$+-*&"N',*B+L*/#",$%',*+
4*-+"/#&%2&*%[+D'N"'+0*-'/,',*+0*-+#20$##*+*#+%$0%2&'#+,'+A'023,',$+,$+!"%$"&*+,$+
>)*+7'23*[+/'+=.*0'+,'+0'-.'/D'+.$3*+'3"#&'-$/&*+*4%"8'&9%"*+,$+P3'N*+Q"3'0+GXpXF:
XpXYIB
!$#"8/',* + .'%' + ' + -"##)* + ,* + 8$/$%'3 + M0D=[ + $#&$N$ + 0*- + 2/",',$# + ?%'/0$#'#+
,2%'/&$ + *# + _3&"-*# + $#&`8"*# + ,' + r + ;2$%%' + 62/,"'3[ + #$/,* + '3*0',* + a + C~ + !"N"#)* + ,$+
L'N'3'%"' + A%'/0$#'[ + /* + ?'-*#* + $ + &%',"0"*/'3 + Y• + b$8"-$/&* + ,$ + !%'8^$#[ + %$0$4$/,*+
.*#&$%"*%-$/&$+*+0*-'/,*+,$+2-'+0*-.'/D"'+,$#&$+%$8"-$/&*[+*/,$+&*-*2+.'%&$+/*#+
0*-4'&$#B + M##"#&"2 + /$3$# + *# + ?%'/0$#$# + 2&"3"]'%$- + *# + 0'%%*# + ,$ + 0*-4'&$[ + /*+ .%"-$"%*+
0*/&'&*+12$+&$N$+0*-+*#+N$5023*#+43"/,',*#B+
M*+?"/'3+,*+0*/?3"&*[+*+0'."&)*+e*#=+7$##*'+#$82"2+.'%'+'+-"##)*+,$+M12"#"()*+,$+
6'&$%"'3 + Q=3"0*[ + #*4 + * + 0*-'/,* + ,* + 8$/$%'3 + e*#= + T$"&$ + ,$ + L'#&%*Cp[ + 12$ + D'N"' + #",*+
$/N"','+a+A%'/('+.'%'+',12"%"% +$12".'-$/&* +,'#+#*4%'#+?%'/0$#'# +,*+?"-+,'+82$%%'B+
V$##'+-"##)*+$3$+?*"+,$#"8/',*+0*-*+*+%$#.*/#`N$3+.*%+.%*-*N$%+'+0*-.%'+,$+0'%%*#+,$+
0*-4'&$+.'%'+2#*+,'+?2&2%'+L*-.'/D"'+,$+L'%%*#+,$+M##'3&*[+'+12'3+0*-'/,'%"'B
>$-+&%$"/'-$/&*+,"%$&*+0*-+*#+0'%%*#[+?*"+0*/#$82",*+'*+0'."&)*+2-+.$%5*,*+,$+
$#&`8"* + /* + ZWF€ + b$8"-$/&* + ,$ + M%&"3D'%"' + ,$ + L'%%*# + ,$ + M##'3&*[ + 2-' + ,'# + 2/",',$#+
?%'/0$#'#+12$+2&"3"]'N'+*#+0'%%*#+,$+0*-4'&$+,$#,$+'+82$%%'B+L*/0325,*+*+$#&`8"*[+$3$+
'"/,' + ?$] + 2- + 02%#* + ,$ + $#.$0"'3"]'()* + /' + <#0*3' + ,$ + M%&"3D'%"' + ,$ + M##'3&*[ + $- + L%$f+
G.%9R"-'+'+K$%#'3D$#I+GQ'#&*#[+CWXXE+FF:FYB+T*2%*[+CWWqE+ChIB+
L*-+*+0*/D$0"-$/&*+',12"%",*+'+%$#.$"&*+,*+$12".'-$/&*+$+#2'+2&"3"]'()*[+*+
0'."&)*+e*#=+7$##*'+%$'3"]*2+.$##*'3-$/&$+*+.%*0$##*+,$+$#0*3D'+,*#+N$5023*#+b$/'23&+
AH:Xk[+-$3D*%+*.()*+12$+*#+?%'/0$#$#+&"/D'-+0*-*+0'%%*+,$+0*-4'&$+3$N$B+M+0D$8','+
,*#+,*]$+N$5023*#+'*+Q%'#"3+?*"+02#&*#'+$-+&$%-*#+,$+$#.$%'+$+.%$j25]*+,*+$12".'-$/&*E+
.'%&$+,'#+.$('#+$+,*#+N$5023*#+$#&'N'+8'#&'[+$/?$%%2j','+*2+,$&$%"*%','+,$N",*+a+-`+
$#&*0'8$-+$+'#+,"?"023,',$#+,*+&%'/#.*%&$B+P+02#&*#*+-'&$%"'3+D'N"'+#",*+$/0*-$/,',*+
/'+A%'/('+$-+XpXp[+0D$8*2+'*+b"*+,$+e'/$"%*+$-+XpCW[+?"0'/,*+'+-'"*% +.'%&$+,*#+
N$5023*# +$+#2'# +.$('# +$#&*0','# +/*+X€+b$8"-$/&* +,$+"/?'/&'%"' +'&=+12$+e*#=+7$##*'+
N"$##$+42#0`:3*#[+$-+XpCX+GQ'#&*#[+CWXXE+FY:FZIB++
Cp
+P+0*-'/,*+,$#&'+-"##)*[+'*+12$+.'%$0$[+'"/,'+$%'+,*+;$/$%'3+M0D=B+</&%$&'/&*[+/'#+-$-9%"'#+,$+
7$##*'[+'+%$?$%$/0"'+=+?$"&'+'*+8$/$%'3+T$"&$+,$+L'#&%*+0*-*+0D$?$+,'+-"##)*+,$+'12"#"()*+GT*2%*[+CWWqE+
CqIB
kF
M+0*-.'/D"'+?*"+*?"0"'3-$/&$+0%"','+/*+?"-+,$+XpCXFW[+?"0'/,*+#$,"','+/'+K"3'+
6"3"&'% + $ + ',",' + a + X~ + !"N"#)* + ,$ + r/?'/&'%"'[ + 0*/#&'/,* + 0*-* + &%*.' + $#.$0"'3 + /*+
*%8'/*8%'-'+,*+<R=%0"&*+,$+XpCXB+L'%$/&$+,$+,"N$%#*#+%$02%#*#[+,$#,$+.$##*'3+12$+j`+
.*##25##$+'382-+0*/D$0"-$/&*+,$+-$0u/"0'+'&=+*#+-'"#+#"-.3$#+$12".'-$/&*#[+0*-*+
0'-"/D^$#+.'%'+&%'/#.*%&$[+'+L*-.'/D"'+&%$"/*2+0*-*+?*"+.*##5N$3[+0*/#$82"/,*+'"/,'+
'##"- + ?"0'% + 4$- + .%$.'%',' + .'%' + ?']$% + 4*' + '.%$#$/&'()* + .'%' + -$-4%*# + ,' + 6"##)*+
A%'/0$#'+$-+*2&24%*+,$+XpCX+$+,$#?"3'%+/*+L'-.*+,$+>)*+L%"#&9N)*+$-+'8*#&*+,$+XpCC[+
0D'-'/,*+4'#&'/&$+'&$/()*+,$+0"N"#+$+-"3"&'%$#+12$+'3"+$#&'N'-+.%$#$/&$#+GQ'#&*#[+CWXXE+
FYB+T*2%*[+CWWqE+FCIB+
P+0'."&)* +e*#=+7$##*'[+0*-* +$%'+0$%&'-$/&$ +*+_/"0* +*?"0"'3 +,*+$R=%0"&* +12$+
0*/D$0"'+*#+0'%%*#[+&%'&*2+,$+?']$%+0*-+12$+#$2+0*/D$0"-$/&*+.'##'##$+.'%'+*+%$#&'/&$+
,' + 2/",',$B + M* + 0D$8'% + '* + 12'%&$3[ + $3$ + &%',2]"2 + *# + -'/2'"# + ,$ + $-.%$8* + ,*# + 0'%%*#+
b$/'23&B+H%',2]"2+&'-4=-+*#+-'/2'"#+,$+-$0u/"0'[+.'%'+'+-'/2&$/()*+,*#+N$5023*#B+
V' + $/&%$8' + ,*# + N$5023*# + a + 0*-.'/D"'[ + N$%"?"0*2 + * + $#&',* + ,*# + 0'%%*#[ + %$03'-*2 + ,'#+
0*/,"(^$#+,*+'%-']$/'-$/&*+$+,*+12'%&$3+*/,$+$#&'N'+'+2/",',$[+$R"8"/,*+-$3D*%"'#B+
<3$+.%*02%*2+?*%j'%+2-'+2/",',$+,$+$3"&$[+,*&'/,*:'+,$+2/"?*%-$+,"?$%$/0"'3+,'#+,$-'"#[+
.'%'+,$#&'0`:3'+,'#+,$-'"#+2/",',$#+$+$3$N'%+*+#$2+-*%'3FX+ GQ'#&*#[+CWXXE+FZB+M3N$#[+
XphYE+FpCIB
P+0'."&)*+e*#=+7$##*'+'"/,'+$#0%$N$2+2-+3"N%*+#*4%$+*#+0'%%*#+,$+0*-4'&$+/'+
M-$%"0' + T'&"/'[ + "/&"&23',* + lP# + cH'/t#d + /' + ;2$%%' + <2%*.="'oB + P + 3"N%* + *4j$&"N'N'+
"/?*%-'%+0"N"#+$+*?"0"'"#+,*+$R=%0"&*+#*4%$+*+.'.$3+12$+*#+0'%%*#+,$+0*-4'&$+&"N$%'-+/'+
N"&9%"'+,'#+?*%('#+'3"','#+/'+r+;2$%%'+62/,"'3[+12'"#+&".*#+,$+N$5023*#+$#&'N'-+#$/,*+
.%*,2]",*#[ + #$2 + 2#* + *.$%'0"*/'3[ + $ + 0D$8'/,* + ' + 0"&'% + *# + ?*%-',*%$# + ,* + .$/#'-$/&*+
-$0'/"]',*+/'+=.*0'E+e*D/+AB+LB+A233$%+$+Q'#"3+T",,$33+\'%&B+<%'+2-+'.'/D',*+8$%'3[+
-'#+4$-+*%8'/"]',*[+#*4%$+*+'##2/&*+GQ'#&*#[+CWXXE+FFB+T*2%*[+CWWqE+FYB+>*'%$#[+XppFE+
qZIB+
M+2/",',$+&$N$+#$2+.%"-$"%*+$-.%$8*+$-+XpCX[+$-+-'/*4%'#+$-+0*/j2/&*+0*-+
&%*.'#+$+'N"'()*B+!2%'/&$+'+%$N*3&'+&$/$/&"#&'+,$+XpCY[+$-+>)*+7'23*[+'&2*2+0*-*+?*%('+
,$+*02.'()*+'.9#+'+?28'+,*#+%$4$3,$#+,'+0",',$B+V*+%$#&'/&$+,'+,=0','+,$+XpCW[+$3'+
'"/,' + .'%&"0".'%"' + ,$ + '382-'# + -'/*4%'# + $ + ,$#?"3$#[ + $ + '382/# + ,*# + N$5023*# + %$#&'/&$#+
FW
+!$0%$&*XZB+CFZ[+,$+FX+,$+,$]$-4%*+,$+XpCXB+6'#+.'%&$+,'+0*-.'/D"'+j`+$R"#&"'+,$#,$+F+,$+*2&24%*+,$+
XpCWB++
FX
+P+2/"?*%-$+,"?$%$/0"'3+0*/#"#&"'+,$+2-+0'.'0$&$+,$+'(*+?$"&*+$#.$0"'3-$/&$+.'%'+2/",',$#+43"/,','#+
?%'/0$#'#[+'3=-+,$+2-'+?"&'+,$+3*/'+/*+j*$3D*[+0*-*+.$%/$"%'B
kY
&*-'%"'-+.'%&$+/'+b$N*32()*+,$+XpFW[+/*+b"*+,$+e'/$"%*+GQ'#&*#[+CWXXE+FZB+T*2%*[+
CWWqE+FFIB+
P#+.*20*#+%$02%#*#+.'%'+'+-'/2&$/()*+,*#+N$5023*#[+.*%=-[+?*%'-+%$,2]"/,*+'+
0'.'0",',$ +*.$%'0"*/'3+,'+2/",',$B+!$#,$+*+"/"0"*+,'+0*-.'/D"'[+?'3&'N'-+"&$/#+,$+
-'/2&$/()*+$+0'%%*#+,$+&%'/#.*%&$[+$/&%$+*2&%'#+0*"#'#B+e*#=+7$##*'[+.%*-*N",*+'+-'j*%+
$-+XpCY[+'0'4*2+,$"R'/,*+*+0*-'/,*+,'+L*-.'/D"'B+>$2#+#20$##*%$#+D$%,'%'-+*#+
-$#-*#+.%*43$-'#+12$+e*#=+7$##*'+$/?%$/&'%'[+$-+%$3'()*+'+%$02%#*#B+>$-+*+-$#-*+
$/&2#"'#-* + 12$ + #$2 + '/&$0$##*%[ + $3$# + 0*/,2]"%'- + ' + 2/",',$ + $/12'/&* + D*2N$ + 0'%%*#+
U"'&%6++0*-+0'.'0",',$+*.$%'0"*/'3+GQ'#&*#[+CWXXE+FZIB++
P +,$#0'#* + ,*# +*?"0"'"# +$ + ,*+ 0*-'/,* +,* +<R=%0"&* + $- + %$3'()* + '*# + 0'%%*# + ,$+
0*-4'&$ + $ + a + -$0'/"]'()* + $- + #" + $- + 2- + .'5# + '8%`%"*[ + #$- + $#&%','# + N"`N$"# + .'%'+
&%'/#.*%&$[ + '2R"3"*2 + /* + ,$#8'#&$ + ,' + 2/",',$B + P + $12".'-$/&* + ?*" + #$ + ,$&$%"*%'/,*[ + *#+
N$5023*#+,$"R'%'-+,$+?2/0"*/'%[+'&=+12$+'+2/",',$+?*"+,$0%$&','+$R&"/&'+,*+<R=%0"&*[+$-+
XpFCFCB+P#+N$5023*#+%$#&'/&$#+?*%'-+'.%*N$"&',*#+.$3*+Q'&'3D)*+,'+<#0*3'+,$+r/?'/&'%"'[+
#$,"',*+/'+K"3'+6"3"&'%[+/*+b"*+,$+e'/$"%*B+</0$%%'N':#$+'##"-+#$-+#20$##*+'+.%"-$"%'+
?'#$+,$+"/&%*,2()*+,*#+0'%%*#+,$+0*-4'&$+/*+$R=%0"&*+GQ'#&*#[+CWXXE+FhIB++
VZ@ZB5'Oab]TH*+HLO*?@AUpD
M + #$82/,' + &$/&'&"N' + ,$ + #$ + 0*/#&"&2"% + 2-' + 2/",',$ + ,$ + 0'%%*# + ,$ + 0*-4'&$ + /*+
<R=%0"&*+Q%'#"3$"%*+?*"+%$'3"]','+&$/,*+2-'+#=%"$+,$+?'&*%$#+?'N*%`N$"#E+e`+D'N"'+2-+
#$&*%+,$/&%*+,*+<#&',*:6'"*%+$/0'%%$8',*+,$+.3'/$j'%+'+-$0'/"]'()*+,$+2/",',$#+,'+
*%8'/"]'()*m+D'N"'+*+"/&$%$##$+,'+?*%('+$-+?*%-'%+2/",',$#+-$0'/"]','#[+8'%'/&",*#+
.$3* + *%8'/*8%'-' + ,* + $R=%0"&* + ,$ + XpFYFF+ $ + .*% + *?"0"'"# + 12$ + $#&'N'- + *4#$%N'/,* + '+
2&"3"]'()* +,*#+N$5023*# +$-+0*/?3"&*# +,"#&'/&$#m +D'N"' +*+'.*"*+,'+6"##)*+A%'/0$#'m +$+
D'N"'+*?"0"'"#+12'3"?"0',*#+$+$-.$/D',*#B
<#&'/,*+*+<R=%0"&*+Q%'#"3$"%*+$-+.%*0$##*+,$+$R.'/#)*+,$N",*+a#+3$"#+*%8u/"0'#+
,$+XpFY[+12$+.%$N"'-+'+?*%-'()*+,$+2/",',$#+-*&*+:+-$0'/"]','#[+*+0D$?$+,'+66A[+
8$/$%'3+7'23+V*$3[+.%*.x#+12$+#$+?*%-'##$+,$/&%*+,*+<6<+2-'+#$()*+.'%'+*%"$/&'%+*#+
&%'4'3D*#+,$+-*&*-$0'/"]'()*+,*+<R=%0"&*+GQ'#&*#[+CWXXE+Fhm+pFB+M3N$#[+XphYE+FpFB+
6'3'/[+XpqqE+XkFB+>*'%$#[+XppFE+pqIB+
FC
+!$0%$&*+CWBpqh[+,$+CX+,$+j'/$"%*+,$+XpFCB+
+!$0%$&*+V•+CYBCqk
+
++++,$+CY+,$+-'"*+,$+XpFYB+
FF
kZ
P+0'."&)*+L'%3*#+A3*%$#+,$+7'"N'+LD'N$#+?*"+'32/*+,'+<#0*3'+,$+b$'3$/8*+$-+
XpCX[+,'+'%-'+,$+0'N'3'%"'B+;%'('#+a+6"##)*+A%'/0$#'[+0*/#$82"2+$-+XpFZ+%$'3"]'%+2-+
$#&`8"* + #*4%$ + -*&*:-$0'/"]'()* + /' +<*/)6& # (" # F)+),"/&'31&4B) # (" # !&%,%.[ + ,*+
<R=%0"&* + A%'/0i#B+ L*/0325,* + *+ 02%#* + $ + %$8%$##'/,* + '* + Q%'#"3[ + ?*" + '.%*N$"&',* + .$3*#+
-$-4%*#+,'+66A+0*-*+"/#&%2&*%+,$+0'N'3'%"'+/*+12',%*+,$+"/#&%2&*%$#+,'+<#0*3'+,$+
<#&',*:6'"*%[+,"?2/,"/,*+*+0*/D$0"-$/&*+'.%$/,",*+/'+A%'/('+'+%$#.$"&*+,*+2#*+,*#+
0'%%*#+,$+0*-4'&$+$+,'#+"/*N'(^$#+12$+$#&'N'-+*0*%%$/,*+0*-+'+-$0'/"]'()*+GM3N$#[+
XphYE+FpFIB
7'"N'+LD'N$#+,$.*"#+.'##*2+'+#$%N"%+/' +!"4B)#("#F)+),"/&'31&4B)+ ,*+<6<B+
!$/&%*+,$3'[+'j2,*2+'+"/?32$/0"'%+'+?*%-'()*+,$+2-'+2/",',$:$#0*3'+-*&*%"]','[+0*-+*+
*4j$&"N*+,$+&$%+*+<R=%0"&*+2-'+2/",',$+12$+.2,$##$+.%$.'%'%+*?"0"'"#+$+.%'('#+/*+2#*+
*.$%'0"*/'3+$+/'+-'/2&$/()*+,*#+0'%%*#+,$+0*-4'&$+$+,$-'"#+N$5023*#+-$0'/"]',*#B+
<- + XpFq[ + * + 8$/$%'3 + S'3,*-"%* + L'#&"3D* + ,$ + T"-' + %$8%$##*2 + ,$ + N"'8$- + ,$+
*4#$%N'()* +a# +&%*.'# +"&'3"'/'# +$- +*.$%'()* +/'+M4"##5/"'+G<&"9."'I[ +*/,$+N$%"?"0*2 +'+
'&2'()*+,$+'382-'#+2/",',$#+43"/,','#+"&'3"'/'#B+7*%+#28$#&)*+,$#&$+8$/$%'3+$+0*-+*+
'N'3+,' +!"4B)+ :+$+0*/#$1y$/&$-$/&$+,*+0'."&)*+7'"N'+LD'N$#+O+*+<R=%0"&*+$?$&2*2+'+
'12"#"()*+,$+N$5023*#+43"/,',*#+"&'3"'/*#[+-*,$3*+I3&+#@'*&6()+LKFUFZ[+12$+D'N"'+#",*+
2&"3"]',*+/'+M4"##5/"'+$+/'+;2$%%'+L"N"3+<#.'/D*3'+G>*'%$#[+XppFE+pkB+Q'#&*#[+CWXXE+pFB+
M3N$#[+XphYE+FpFIB+
L*-+'+'12"#"()*+,$#&$#+N$5023*#+$+'+0*/,2()*+,'+#$()*+,$+-*&*+O+-$0'/"]'()*+
,*+<6<[+?*"+?*%-',*+*+<#12',%)*+,$+M2&*:-$&%'3D',*%'#[+0*-+CF+N"'&2%'#B+>$%N"/,*+
4'#"0'-$/&$ + 0*-* + 2/",',$:$#0*3'[ + $3' + ?*" + &%'/#?*%-',' + /* + L$/&%* + ,$ + r/#&%2()* + ,$+
6*&*-$0'/"]'()*+$-+j'/$"%*+,$+XpFp[+*/,$+*2&%*+'32/*+,$+>'2-2%[+6'j*%+!2%N'3+,$+
6'8'3D)$#+L*$3D*+GM3N$#[+XphYE+FpYB+7$%$8%"/*[+XpkpE+XZB+Q'#&*#[+CWXXE+pYI[+'##2-"2+*+
0*-'/,*[ + &$/,* + * + 0'."&)* + 7'"N' + LD'N$# + 0*-* + #240*-'/,'/&$ + G$ + .*#&$%"*%-$/&$ + *+
#$82/,*+0*-'/,'/&$+,*+0$/&%*IB+
P#+'32/*#+O+*?"0"'"#+$+#'%8$/&*#+,$+N'%"'#+'%-'#[+-'#+$-+$#.$0"'3+,'+0'N'3'%"'+O+
'+.'%&"%+,$+XpFp+$+,*#+'/*#+#$82"/&$#+"%"'-+#$%+',$#&%',*#+/*+2#*+4`#"0*+,*#+0'%%*#+'&=+
12$ + ?*##$ + .*##5N$3 + '2-$/&'% + * + /2-$%* + ,$ + 2/",',$# + -$0'/"]','# + /* + $R=%0"&*B + <#&$+
'2-$/&*[+.3'/$j',*+.'%'+#$%+8%',2'3+'*+3*/8*+,'+,=0','+,$+XpYW[+-*,"?"0'+-'"#+2-'+
N$]+*+/*-$+,'+2/",',$[+&%'/#?*%-'/,*:'+/'+<#0*3'+,$+6*&*-$0'/"]'()*B+
<#&'+/*N'+$#0*3'+#$+&*%/'+'+%$#.*/#`N$3+.*%+&%$"/'%+*#+0*/,2&*%$#+$+*.$%',*%$#+
,*#+N$5023*#+12$+N"%"'-+:+$-+8%'/,$+12'/&",',$+#$+0*-.'%','+'*#+'/*#+'/&$%"*%$#+:+,*#+
kh
<#&',*#+@/",*#+'&%'N=#+,* +R"'(?6"&*"[+'+.'%&"%+,$+XpYFB+H$%-"/'N'+'##"-+'+#$82/,'+
?'#$+,$+"/&%*,2()*+,*#+0'%%*#+,$+0*-4'&$+/*+<R=%0"&*+Q%'#"3$"%*B+
VZB5)]fI^LO
+++++
M + .'%&"% + ,$#&$ + .*/&* + #$%)* + $R'-"/','# + '# + ,2'# + &$/&'&"N'# + ,$ + "/&%*,2()* + ,*#+
0'%%*#+,$+0*-4'&$+#$82/,*+*#+-*,$3*# +3'+.&#N#-).4&* #$ +/%6+%.&6+ #*4%$+"/*N'()*+.'%'+
,$&$%-"/'%+*#+-*&"N*#+12$+3$N'%'-+$3'#+'*+?%'0'##*+$U*2+#20$##*+/'+#2'+',*()*+.$3'+
*%8'/"]'()*+-"3"&'%B
VZBZ@53K^[O^KH*+HLO*?@AB@D
M+.%"-$"%'+?'#$[+$-+XpCX[+=+0*/#",$%','+2-'+&$/&'&"N'+."*/$"%'+,*+0'."&)*+e*#=+
7$##*'+,$+#$+"/&%*,2]"%+*#+0'%%*#+,$+0*-4'&$+/*+.'5#m+&'/&*+M3N$#+GXphYE+FpCI+12'/&*+
>*'%$#+GXppFE+qFI+$+Q'#&*#+GCWXXE+FFI+0*/0*%,'-+/$#&$+.*/&*B+M+2/",',$[+/*+$/&'/&*[+
/)*+#*4%$N"N$2+.*%+-2"&*+&$-.*B+M.9#+*+0*-'/,*+,$+e*#=+7$##*'[+*#+0*-'/,'/&$#+
#$82"/&$#+.'##'%'-+.$3*#+-$#-*#+.%*43$-'#+12$+$3$[+$-+%$3'()*+'+%$02%#*#+.'%'+'+/*N'+
'%-'[+-'#+#$-+*+-$#-*+0*/D$0"-$/&*+$+.%"/0".'3-$/&$+#$-+*+-$#-*+"/&$%$##$+,$+
2&"3"]'%+'+/*N'+'%-'+0*-*+.$('+*.$%'0"*/'3+"-.*%&'/&$B+++
M+%$#.$"&*+,'+?'3D'+$-+"/*N'%+/'+.%"-$"%'+&$/&'&"N'+,$+"/&%*,2()*+,*#+0'%%*#+,$+
0*-4'&$+/*+<Q[+.*,$-*#+0D$8'%+'#+#$82"/&$#+0*/032#^$#E
!$+'0*%,*+0*-+*+-*,$3*+J'+.&#N#-).4&*[+*#+*?"0"'"#+#$/"*%$#+,'+*%8'/"]'()*[+12$+
#)*+*#+12$+,$N$-+,'%+*+'N'3+#*4%$+'+"/*N'()*+$+0*/,2]":3'+,$/&%*+,'+0',$"'+D"$%`%12"0'[+
*.&'%'-+.*%+.*2.'%+#$2#+.*20*#+%$02%#*#+G#*4%$+'+'%-'+43"/,','I+$+8'#&`:3*#+0*-+'+
'%-'+'=%$'B+P+2#*+,*#+%$02%#*#+.'%'+*+$R=%0"&*+?*"[+$-+8%'/,$+.'%&$[+8'#&*+/*+.%*8%'-'+
,$ + 0*/#&%2(^$# + ,$ + 12'%&="# + ,2%'/&$ + * + -"/"#&=%"* + L'398$%'# + G60L'//[ + CWWkE + CqhI[+
,$"R'/,*+2/",',$#+,*+<R=%0"&*+#$-+-'&$%"'3+$+#*3,',*#+#$-+#*3,*B++
P+0'%%*+U"'&%6+[+'##"-+0*-*+&*,*#+*#+-*,$3*#+,$+0'%%*+,$+0*-4'&$+.%*,2]",*#+
,2%'/&$+'+r+;2$%%'[+$%'+,$+,"?50"3+-'/2&$/()*[+.$12$/'+'2&*/*-"'+$+,$+*.$%'0"*/'3",',$+
.*20*+0*/?"`N$3B+P+0'%%*+,$+0*-4'&$+$-+8$%'3[+$-+XpCX[+$#&'N'+/*#+.%"-$"%*#+$#&`8"*#+
,$+#$2+,$#$/N*3N"-$/&* +&$0/*398"0*[ +$ +.*%+"##*+/'&2%'3-$/&$ +'&%'5' +*+0$&"0"#-* +$+'+
,$#0*/?"'/('+#*4%$+#2'+2&"3",',$+*.$%'0"*/'3+G>&*/$[+CWWCE+CWWIB++
M + 2&"3"]'()* + ,*# + .'%0*# + %$02%#*# + /' + *%8'/"]'()* + ,$ + 2-' + '%-' + 12$[+
-2/,"'3-$/&$[ + $#&'N' + $- + #$2# + $#&`8"*# + "/"0"'"# + ,$ + .%*,2()* + /)* + $%' + N"`N$3[ + * + 12$+
kk
$R.3"0'%"'+'+/)*+',*()*+,*#+0'%%*#+,$+0*-4'&$+.$3*+0*-'/,*+,*+<R=%0"&*+Q%'#"3$"%*[+
#*-',*+'*#+.%*43$-'#+,'+.%9.%"'+?*%('[+12$+.*##25'+0'%i/0"'#+-'"#+#"-.3$#+$+2%8$/&$#+O+
12'%&="#[ + '%-'-$/&* + 4`#"0* + $ + -$#-* + %$0%2&'# + O + .'%' + %$#*3N$%B + P + 12$ + .'%$0$ + &$%+
-*&"N',*+'+0*-.%'+,*#+0'%%*#+?*"+'+"/?32i/0"'+,'+6"##)*+A%'/0$#'[+$-+$#.$0"'3+,$+#$2+
.%"-$"%*+0*-'/,'/&$[+*+8$/$%'3+;'-$3"/[+0*-*+#$+N$%`+.*#&$%"*%-$/&$B
7$3*+-*,$3* +;%6+%.&6[+'+$R.3"0'()*+,','+.$3*+-*,$3* +J'+.&?-).4&*+ 8'/D'+-'"#+
0*/#"#&i/0"'B + M + #*0"$,',$ + '8%*$R.*%&',*%' + .%$,*-"/'/&$ + /' + b$._43"0' + K$3D'+
.%*.*%0"*/'N'+a+*?"0"'3",',$+,'+*%8'/"]'()*+-"3"&'%+2-+'-4"$/&$+-2"&*+-'"#+.%*."0"*+
'*+$-.%$8*+*.$%'0"*/'3+,*+0'N'3*B+M+2%4'/"]'()*+4%'#"3$"%'+$%'+-5/"-'[+%$#","/,*+'+
-'"*%+.'%&$+,'+.*.23'()*+/*+0'-.*[+$+'+$3"&$+8*N$%/'/&$+O+'+*3"8'%12"'+0'?$"023&*%'+:+
.*##25'+*%"8$/#+%2%'"#B++
r/&$%/'-$/&$[+*+<R=%0"&*+.%$0"#'%"'+,$#$/N*3N$%:#$+$#&%2&2%'3-$/&$+.'%'+#$+&*%/'%+
2-'+*%8'/"]'()*+-"3"&'%+-*,$%/'[+0'.']+,$+.$/#'%+2-'+,*2&%"/'+,$+,$?$#'+,*+.'5#[+$+
,$##$+-*,*+$/&$/,$%+0*-*+'2-$/&'%+#2'+$?"0"i/0"'+/'+0*/,2()*+,'+82$%%'B+
M# + %$N*3&'# + &$/$/&"#&'#[ + 12$ + .*##25'- + 02/D* + -'"# + %$?*%-',*% + ,* + 12$+
%$N*320"*/`%"*[+#$+"/03"/'-+.'%'+$##'+3"/D'+,$+-2,'/('B+M+b$N*32()*+,$+XpFW+j`+-'%0'+
2-' + N"%',' + /* + #$/&",* + ,$ + 42#0'% + * + .%*8%$##* + "/,2#&%"'3 + $ + $0*/x-"0*[ + "/,"0'/,*+
.*##5N$"#+-2,'/('#+/'+#*0"$,',$+4%'#"3$"%'+/*#+'/*#+#$82"/&$#B++
P4#$%N'/,*+*+.%*0$##*+,$+'12"#"()*+,*#+.%"-$"%*#+0'%%*#+,$+0*-4'&$[+'+.%"-$"%'+
0*/#&'&'()*+12$+#$+?']+=+'+-*&"N'()*+.'%'+0*-.%'%+*#+N$5023*#E+$3'+$%'+-'"#+$R&$%/'+,*+
12$+"/&$%/'B+P+"/&$%$##$+,'#+"/,_#&%"'#+,$+-'&$%"'3+-"3"&'%+#*4%$+*+-$%0',*+4%'#"3$"%*+j`+
$%'+8%'/,$+-$#-*+'/&$#+,'+r+;2$%%'+62/,"'3B+M#+$-.%$#'#+4%"&u/"0'#[+?%'/0$#'#[+'3$-)#+
$+$#&',2/",$/#$#+,"#.2&'N'-[+0*-+*+'2R"3"*+,".3*-`&"0*+,$+#$2#+8*N$%/*#[+'+N$/,'+,$+
-'&$%"'3+.'%'+*+.'5#B+++
+
!$ + '0*%,* + 0*- + 6'/2$3 + !*-"/8*# + V$&* + GCWWkE + CFXI[ + 12$ + '/'3"#*2 + '#+
,*02-$/&'(^$#+?%'/0$#'#+'+%$#.$"&*+,$+#2'#+%$3'(^$#+-"3"&'%$#+0*-+*+Q%'#"3[+82'%,','#+
/*+'%12"N*+,*+<R=%0"&*+A%'/0i#[+2-'+,'#+?2/(^$#+,'+6"##)*+A%'/0$#'+$%'+'+N$/,'+,$+
$12".'-$/&* + -"3"&'% + ,'# + "/,_#&%"'# + ?%'/0$#'#[ + 12$ + $#&'N' + $#&*0',* + $- + 8%'/,$#+
12'/&",',$# + '.9# + * + ?"- + ,' + 7%"-$"%' + ;2$%%' + 62/,"'3B + >$82/,* + !*-"/8*# + V$&*[ + *+
.%"-$"%*+0*-'/,'/&$+?%'/0i#[+*+8$/$%'3+;'-$3"/[+&"/D'+$#&'+?2/()*+0*-*+2-+,*#+#$2#+
.%"/0".'"#+*4j$&"N*#B+
L*-*+.'%&$+,*+.3'/*+,$+$R.'/#)*+,'+"/?32i/0"'+-"3"&'%+?%'/0$#'[+'+$#0*3D'+,*+
.%"-$"%* + 0*-'/,'/&$ + ,' + -"##)* + 0*/#"#&"' + $- + $/0*/&%'% + 2- + *?"0"'3 + j*N$-[ + 0*-+
12'3",',$#+,$+,".3*-'&'[+0'.']+,$+'2-$/&'%+'#+0D'/0$#+,$+N$/,'+,$+$12".'-$/&*#+$+,$+
kq
?*%-'()*+,$+'3"'/('#+$#&%'&=8"0'#B+!$N$%"'[+.%"/0".'3-$/&$[+#'4$%+0*-*+#$+"-.*%+?%$/&$+
'*# + *?"0"'"# + 0*/&$#&',*%$# + ,* + '3&* + 0*-'/,* + ,* + <R=%0"&* + Q%'#"3$"%*[ + ,$ + -'/$"%' + '+
0*/&*%/'%+%"R'#[+-'# +8'%'/&"%+'+%$'3"]'()* +,'#+?2/(^$# +,'+6"##)*+GV$&*[+CWWkE+CCqB+
6'3'/[+XpqqE+ZqIB+++++
6'2%"0$ + ;'-$3"/ + '0$"&*2 + ' + N"/,' + '* + Q%'#"3 + 0*-* + 2- + -*,* + ,$ + l$/&$/,$% + '+
/'&2%$]' +"-.$%"'3"#&' + ,*+ $#&',* +' +12$ + #$%N"'o +$ + l8'/D'% +.*/&*# +"-.*%&'/&$# + $- +#2'+
'#0$/#)*+D"$%`%12"0'o+GV$&*[+CWWkE+CChIB+M/&$#+-$#-*+12$+'+6"##)*+A%'/0$#'+0D$8'##$+
'*+Q%'#"3[+;'-$3"/+N$"*+.'%'+"/#.$0"*/'%+'+#"&2'()*+,*+$R=%0"&*+12$+$3$+"%"'+'2R"3"'%B+
!2%'/&$+#2'+$#&',"'[+$-+XpXp[+$3$+&%'&*2+,$+0*/N$/0$%+*#+*?"0"'"#+4%'#"3$"%*#+'+0*-.%'%+
12'312$%+&".*+,$+-'&$%"'3+,$+82$%%'+$R0$,$/&$+?%'/0i#[+.%"/0".'3-$/&$+'N"^$#+$+0'%%*#+,$+
0*-4'&$+G6'3'/[+XpqqE+qWB+V$&*[+CWWkE+CCq:CCpIB+r##*+$R.3"0'+'+'12"#"()*+,*#+0'%%*#+
#$-+12$+D*2N$##$-+'12"+-$"*#+,$+-'/2#$`:3*#+$+-'/&i:3*#B++
7'%'+!*-"/8*#+V$&*[+;'-$3"/+$R$%0"'+'+?2/()*+,$+0*-'/,'/&$+,'+6"##)*+,$+
r/#&%2()*+6"3"&'%+A%'/0$#'[+-'#+&'-4=-+O+2&"3"]'/,*+'+6"##)*+$+#$2#+-$-4%*#+0*-*+
'.*"* + O + ' + ?2/()* + ,$ + '8$/&$ + 0*-$%0"'3[ + ,$?$/,$/,* + *# + "/&$%$##$# + ,' + A%'/(' + $ + #2'#+
$-.%$#'#+4=3"0'#+?%$/&$+'*#+0*/0*%%$/&$#+GV$&*[+CWWkE+CZFIB+M+"/?32i/0"'+/'+N$/,'+,$+
$12".'-$/&*#+.*,$+#$+$N",$/0"'%+&'-4=-+.$3*#+4*3$&"/#+,'+6"##)*+$+,*+<6<+,2%'/&$+
#2'+'&2'()*[+%$?$%$/&$#+a+/$0$##",',$+,$+-'&$%"'3[+0"&',*#+.*%+Q'#&*#+A"3D*+GXppYE+XZXIB
P2&%*#+?'&*%$#+12$+.*,$-+$N",$/0"'%+*+,$#"/&$%$##$+,*+0*-'/,*+,'+*%8'/"]'()*+
/*#+0'%%*#+,$+0*-4'&$+?*"+*+N'3*%+12$+#$+N"/D'+,'/,*+,$/&%*+,*+<R=%0"&*+a+?*%-'()*+,'+
'%-'+'=%$'[+12$+N"/D'+*0*%%$/,*+3$/&'-$/&$+,$#,$+XpXW[+$+12$+/'+=.*0'+,'+0D$8','+,'+
66A+j`+D'N"'-+*?"0"'"#+"/#&%25,*#+.'%'+N*'%+*#+'.'%$3D*#[+'3=-+,$+*2&%*#+$#&'8"'/,*+/'+
r/83'&$%%' + $ + A%'/('[ + ,$#,$ + XpXqB + r/&$%%*-.",' + ,2%'/&$ + ' + r + ;2$%%' + 62/,"'3[ + '+
"-.3'/&'()*+,'+'%-'+'=%$'+#$%"'+%$&*-','+0*-+'+0D$8','+,'+66A+GV$&*[+CWWkE+CFkB+
60L'//[+CWWkE+CFpIB+
P+2#*+,*+'N")*[+,$#,$+#2'+"/N$/()*+$+2#*+$-+0*-4'&$[+'&%'"2+'+'&$/()*+,*#+
-"3"&'%$#+4%'#"3$"%*#FYB+<##'+.%$,"3$()*+.*,$%"'+#$%+$R.3"0','+.$3*+?'&*+,$+*#+4%'#"3$"%*#+
0*/#",$%'%$-+*+'N")*+2-'+c"/N$/()*+/'0"*/'3d+8%'('#+'+M34$%&*+>'/&*#+!2-*/&B+6'#+*+
-*&"N* +-'"# +94N"* +$+-'"# +.%*N`N$3+= +'+.%'&"0",',$ +,*+$3$-$/&* +'=%$*+/*+&$%%"&9%"*+
/'0"*/'3E+L*/#&%2"%+."#&'#+/'12$3'+=.*0'+/)*+$%'+2-'+&'%$?'+,"?50"3+O+$%'+-'"#+?`0"3+12$+
0*/#&%2"%+$#&%','#+,$+%*,'8$-+*2+,$+?$%%*+O+$+*+'N")*+=+*+-*,*+-'"#+%`.",*+,$+#$+0D$8'%+
FY
+n+,$+#$+/*&'%+12$+'+"/032#)*+,'+'%-'+'=%$'+=+-'"#+'/&"8'+/*+Q%'#"3+12$+*#+0'%%*#+,$+0*-4'&$[+-$#-*+
12$+*#+,*"#+#$j'-+"/N$/(^$#+12$+&"N$%'-+'&2'()*+,$#&'0','+/'+r+;2$%%'+62/,"'3B+!$#$/N*3N",*+'/&$#+,*+
"/"0"*+,*+0*/?3"&*[+*+'N")*+$%'+2&"3"]',*+*.$%'0"*/'3-$/&$+.%"-$"%*+.'%'+%$0*/D$0"-$/&*+,*+"/"-"8*[+
.*#&$%"*%-$/&$+.'##'/,*+.'%'+'+?2/()*+,$+'&'12$B+
kp
'*+,$#&"/*+,$#$j',*+O+$-+$#.$0"'3+$-+2-+.'5#+,$+,"-$/#^$#+0*/&"/$/&'"#+:+'3=-+,$+
.*,$% + 02-.%"% + 2-' + #=%"$ + ,$ + -"##^$# + &`&"0'# + '* + -$#-* + &$-.*E + *4#$%N'()*[+
%$0*/D$0"-$/&*[+'&'12$B
L*/?"%-'-*# + $##' + *.()* + .$3' + '%-' + '=%$' + '/'3"#'/,* + '# + #$%"$# + ,' + %$N"#&' +@#
="-"*&#E&/3)'&6E+7$%0$4$:#$+12$+,$#,$+0$,*+$R"#&"'-+-'&=%"'# +'+%$#.$"&*+,*+2#*+,*+
'N")*+/*#+$R=%0"&*#FZB+L*-.'%',*+0*-+*#+0'%%*#+,$+0*-4'&$[+'+.%"-$"%'+-'&=%"'+12$+*#+
0"&'[+$-+2-'+4%$N$+/*&'[+#'"+'.$/'#+$-+2-'+$,"()*+,$+XpCX Fh[+0"/0*+'/*#+'.9#+#2'+
.%"-$"%'+2&"3"]'()*+$-+0*-4'&$+G/'+P?$/#"N'+,*+>*--$[+$-+XpXhI+G>*'%$#[+XppFE+hhIB++
7$%0$4$:#$+$#&$+"/&$%$##$+&'-4=-+*4#$%N'/,*+'+0*-.*#"()*+,'+6"##)*+A%'/0$#'B+
M+"/,_#&%"'+4=3"0'+?%'/0$#'[+/*+2#*+,$+'N"^$#[+.*##25'+-*,$3*#+3$N$#+,$+4*'+2&"3",',$+$+
.%$(*+%']*`N$3[+0*-+4*'+.*##"4"3",',$+,$+N$/,'+.'%'+*+Q%'#"3B+L*-*+!*-"/8*#+V$&*+j`+
'?"%-*2[+'+,"#.2&'+.*%+$#&$+-$%0',*+$%'+,$+8%'/,$+"/&$%$##$+,'+-"##)*+12$[+'*+0*/&%'%"*+
,*#+0'%%*#+,$+0*-4'&$[+&%*2R$+$-+#$2+8%2.*+2-+*?"0"'3+$#.$0"'3"]',*+/'+'N"'()*+-"3"&'%+
GV$&*[+CWWkE+CFkIB+M+6"##)*[+'3"'#[+$%'+.%"-$"%'-$/&$+,"%"8",'+'.$/'#+a+?*%-'()*+,'+
'N"'()*[+#$/,*+.*#&$%"*%-$/&$+$#&$/,",'+'+&*,*+*+$R=%0"&*+G6'3'/[+XpqqE+ZFB+Q'#&*#+
A"3D*[+XppYE+hkIB+
P2&%*+?'&*%+03'%*+$%'+'+$#0'##'+12'/&",',$+,$+%$02%#*#+12$+*+<R=%0"&*+,"#.2/D'+
.'%' + $12".'% + #2'# + ?*%('# + /* + .$%5*,* + ,' + ,=0',' + ,$ + XpCWB + V* + 6"/"#&=%"* + ,$ + 7'/,"`+
L'398$%'#[+*#+8'#&*#[+'+.%"/0"."*[+#$+,"#.$%#'%'-+$-+`%$'#+0*-*+'3*j'-$/&*+$+"/?%':
$#&%2&2%'[+-'#+*#+%$02%#*#+$%'-+.*20*#+G60L'//[+CWWkE+CqhB+>*'%$#[+XppFE+khIB
M"/,'+'##"-[+*#+0'#*#+*4#$%N',*# +,*+.%*0$##*+,$+-$0'/"]'()*+,*#+$R=%0"&*#+
"/83i#+$[+.%"/0".'3-$/&$[+,*+'3$-)*+'12"+'.%$#$/&',*#+$R$-.3"?"0'-+0*-*+'+"-'8"/'()*+
$+'+0%"'&"N",',$+.$%-"&$-+*+$R$%050"*+&$9%"0*+,$+2/",',$#+-$0'/"]','#[+3$N'/&'/,*+'+
0'.'0",',$+,$+#$+.%$.'%'%+.'%'+2#'%+,$&$%-"/','+'%-'+-$#-*+12$+'"/,'+/)*+$R"#&'-+
%$02%#*#+.'%'+'+'12"#"()*+,$3'B
M + L*-.'/D"' + ,$ + L'%%*# + ,$ + L*-4'&$ + /)* + .%*8%$,"2 + /' + ?2/()* + ,$ + 2/",',$+
,"?2#*%'+,*+/*N*+$12".'-$/&*+,$/&%*+,'+*%8'/"]'()*B+M+,$#0%$/('+,'+*%8'/"]'()*+/'+
2&"3",',$+,*+0'%%*+,$+0*-4'&$+/'+=.*0'+=+0*-$/&','+.*#&$%"*%-$/&$+.*%+e*#=+7$##*'+Gj`+
%$?*%-',*+$-+XpYqIE+
lBBB+H2,*+$%'+,"?"023&',*+a+2/",',$+$-+?*%-'()*[+'&=+-$#-*+*#+$3$-$/&*#+.'%'+
0*/#$%N'()*+,$+#$2+-'&$%"'3B+GBBBI+M+*."/")*+8$%'3[+/*+<R=%0"&*[+$%'+,$+12$+#$+
FZ
+7'%'+$R$-.3"?"0'%+'+"-.*%&u/0"'+,'+'N"'()*+.'%'+*#+-"3"&'%$#+/*+.$%5*,*[+N$%+*+$,"&*%"'3+,'+%$N"#&'+@#
="-"*&#E&/3)'&6[+,$+XW+,$+'4%"3+,$+XpXZB+7`8B+Xpk:XpqB+
Fh
+!V[+VB+pk[+'/*+v[+XZ+,$+j23D*+,$+XpCX[+.`8B+XkB
qW
'4'/,*/'##$+#$-$3D'/&$+-'&$%"'3[+0*-*+*4#*3$&*[+'.$#'%+,'+#*-'+N23&*#'+12$+
&5/D'-*#+,$#.$/,",*+/'+#2'+'12"#"()*oB+G7$##*'[+XpZFI
++++
P#+-*&"N*#+.'%'+$##'+,$#0%$/('+.*%+.'%&$+,'+*%8'/"]'()*+$+,*+*?"0"'3'&*+$%'-+
?%2&*# + ,' + #"&2'()* + 4%'#"3$"%'E + 2-' + #*0"$,',$ + '8%*$R.*%&',*%'[ + 0*- + .*20*+
,$#$/N*3N"-$/&*+"/,2#&%"'3+0'.']+,$+#2#&$/&'%+2-'+?*%('+-$0'/"]','+$R.%$##"N'B+@-+
.'5# + #$- + 0'.'0",',$ + ,$ + .%*,2]"% + -`12"/'# + %*,'/&$# + $ + 0*-42#&5N$"#[ + #$- + $#&%','#+
,$0$/&$#+*2+?$%%*N"'#+3"8'/,*+*+.'5#+,$+-'/$"%'+0**%,$/','+'?$&'N'+*+-*,*+0*-*+*#+
*?"0"'"#+,$?"/"'-+#2'+,*2&%"/'+*.$%'0"*/'3B
7'%&$+,$##'+.%$*02.'()*+0*-+*+,$#$/N*3N"-$/&*+,*+.'5#+,$/&%*+,'+*%8'/"]'()*+=+
?%2&*+,*+.%*0$##*+,$+.%*?"##"*/'3"]'()*+"/"0"',*+.$3*#+le*N$/#+H2%0*#o+$+0*/&"/2',*+
0*-+*#+$/#"/'-$/&*#+,'+66A[+12$+?$]+'-',2%$0$%+/*#+*?"0"'"#+O+$-+$#.$0"'3+/*+02%#*+
,$+<#&',*O6'"*%+O+'+3"8'()*+$/&%$+*+,$#$/N*3N"-$/&*+,*+.'5#+$+'+#$82%'/('+/'0"*/'3B+
L'4$+3$-4%'%+12$+*+<6<+'.$/'#+0*-$(*2+'+$/#'"'%+#2'#+?2/(^$#+0*-*+0$/&%*+
*%8'/"]',*%[+-*,$%/"]',*%+$+0*/&%*3',*%+,'+?*%('+.*20*+'/&$#+,'+'&2'()*+,'+66AB+M+
"/?32i/0"'+,'+66A+'.$%?$"(**2+'*#+.*20*#+$##'#+?2/(^$#+0*/?*%-$+*+02%#*+,$+*?"0"'"#+
,'+<#0*3'+,$+<#&',*+6'"*%+"'+?*%-'/,*+/*N*#+'32/*#B+>2'+'&2'()*+-'"#+.%$#$/&$+/*+
.%*0$##*+,$+-*,$%/"]'()*+#9+0*-$('+'+#$%+#$/&",'+.*20*+'/&$#+,$+XpFW+GQ'/D'[+XpqYE+
pWI[+#$+$#&$/,$/,*+'&=+*+?"-+,'+6"##)*B++
M+0'N'3'%"'[+,'#+'%-'#+,*+<R=%0"&*[+#$+%$N$3'%"'+.%*?2/,'-$/&$+&%',"0"*/'3+?%$/&$+
'*+.%*0$##*+,$+-$0'/"]'()*B+M+$#&%2&2%'+*%8'/"]'0"*/'3+,*+<R=%0"&*+Q%'#"3$"%*+/)*+$%'+
%$8"-$/&'3[+0*-*+'+,*+$R=%0"&*+4%"&u/"0*[+-'#+'382-'#+,'#+2/",',$#+-"3"&'%$#+.*##25'-+
2-+0'%`&$%+D"#&9%"0*+12$+0*/?$%$+'+$3'#+,$&$%-"/',*#+N'3*%$#+&%',"0"*/'"#FkB+<-+%$3'()*+a+
0'N'3'%"'[ + $##' + &%',"()* + /)* + .*,$ + #$% + .$%0$4",' + 0*-* + .$%&$/0$/&$ + ' + ,$&$%-"/','#+
2/",',$#[+-'#+a+0'N'3'%"'+0*-*+2-+&*,*B
V'# + $,"(^$# + ,$ +@ # ="-"*& # E&/3)'&6+ /)* + D` + 2-' + ,"#02##)* + ' + %$#.$"&* + ,'+
-$0'/"]'()* + ,' + 0'N'3'%"' + ,2%'/&$ + ' + ,=0',' + ,$ + XpCWB + P + 12$ + $R"#&$- + /' + %$N"#&' + #)*+
'382/# +'%&"8*# +'+%$#.$"&* +,'+-*&*%"]'()* +,$+$3$-$/&*# +,*+$R=%0"&*[ +$-+$#.$0"'3 +/'#+
'%-'#+,$+"/?'/&'%"'+$+'%&"3D'%"'+G12$+=+'+.%"-$"%'+'%-'+,*+<Q+'+.*##2"%+2-'+2/",',$+
-*&*%"]','[+'*+-$/*#+.'%'+&$#&$#[+$-+XpChIB+P#+'%&"8*#+3"8',*#+a+'%-'+,$+0'N'3'%"'+
/$#&$+.$%5*,*+#)*[+$-+8$%'3[+'+%$#.$"&*+,$+$12".'-$/&*#+.'%'+-*/&'%"'+-"3"&'%[+'%-'#+
2#','#+.$3*#+0'N'3'%"'/*#+$+"/#&%2()*+#*4%$+'+'%-'B++
Fk
+K",$+*#+'/&"8*#+%$8"-$/&*#+,$+0'N'3'%"'+*%"8"/',*#+/*+b"*+,$+;%'/,$+,*+>23[+0*-+#2'#+&%',"(^$#+
*%"2/,'#+,*+.$%5*,*+"-.$%"'3[+"/032#"N$+'/&$%"*%+a+;2$%%'+,*+7'%'82'"B+
qX
M+'%-'+,$+0'N'3'%"'+.'##*2+.*%+%$?*%-'#+,$0*%%",'#+,'+-"##)*+N$&$%"/`%"'+N"/,'+
'/&$#+,'+66A[+$-+XpXF[+12$+'2R"3"*2+/'+%$?*%-'+,'+A']$/,'+,$+>'"0)[+*/,$+#$+0%"'N'-+
*#+0'N'3*#+,*+<R=%0"&*[+$+/*+&%$"/*+,$+.$##*'3+.'%'+02",',*#+/$0$##`%"*#+,*#+'/"-'"#+
G6'3'/[ + XpqqE + XWYIB + L*- + ' + 0D$8',' + ,' + 66A[ + D*2N$ + ' + %$?*%-23'()* + ,* + 02%#* + ,$+
0'N'3'%"'+0*-+'+?*%-'()*+&$-.*%`%"'+,$+2-'+$#0*3'+$-+XpCZ+.'%'+/"N$3'%+*+$/#"/*+/*#+
12',%*#+,$#&'+'%-'B++
L$/&%'3"]'%+.'%&$+,$##$+&%$"/'-$/&*+.$%-"&"2+'+%$'3"]'()*+,*+.%*0$##*+,$+,"?2#)*+
,'#+&%',"(^$#+0'N'3'%"'/'#[+3$N'/,*+a+?*%-'()*+,$+2-+$#.5%"&*+,$+0*%.*+$-+&*%/*+,'+
'%-' + $ + ,$ + #$2# + -$-4%*#[ + '.%$8*'/,* + *# + N'3*%$# + ,* + 8%2.* + $ + %$j$"&'/,* + 12'312$%+
-2,'/('+$-+#$2#+-=&*,*#+,$+0*-4'&$[+12$+.*,$%"'-+#$%+",$/&"?"0',*#+0*-*+,'/*#*#+
'*+#$2+.',%)*B+V$#&$+0'#*[+'+$3"-"/'()*+,*+0'N'3*+/*+#$2+$-.%$8*+,$+0*-4'&$+0*-+
0$%&$]'+$%'+N"#&'+0*-*+,'/*#'+.$3*#+*?"0"'"# +-'"#+'/&"8*#[+.*"#+.*,"'+$3"-"/`:3*#+,'+
0',$"'+,$+.%*-*(^$#+,$/&%*+,'+?*%('B
7*,$:#$+,$?$/,$%+$#&'+",="'+'&%'N=#+,'+'/`3"#$+,'#+%$3'(^$#+,$+3"N%*#+'+N$/,'+/'+
=.*0'[+'+%$#.$"&*+,$#&$+'##2/&*E+$#&'+3"#&'+$%'+.243"0','+/'#+$,"(^$#+,'+="-"*&#E&/3)'&6#
G!VE+WhUXpFZm+WhUXpFpm+WZUXpYCIB+H'-4=-+/*#+3"N%*#+&%']",*#+.$3'+66A+12$+&%'&'-+,*+
2#*+,'+'%-'+,'+0'N'3'%"'+$+/'#+.'3$#&%'#+*?$%$0",'#+.$3*#+*?"0"'"#+?%'/0$#$#+*%"2/,*#+
,$#&'+'%-'+G>"3N'[+XpFhE+qXm+Xhk:XhqIB+
M&=+-$#-*+'%&"8*#+.243"0',*#+.*%+*?"0"'"#+,'+'%-'+,$+"/?'/&'%"'+/)*+,'N'-+'*#+
0'%%*#+'&$/()*+0$/&%'3+/'#+*.$%'(^$#[+0*-*+'/'3"#'+>*'%$#+'*+-'.$'%+'#+-'&=%"'#+,'+
="-"*&#E&/3)'&6+/'+,=0','+,$+XpCWE+
lM.$#'%+,*+8%'/,$+N'3*%+,$#&$#+'.'%$3D*#+.'%'+'+N"&*%"'+'3"','+,$+XpXq[+.'%$0"'+
D'N$%+,$#0*/?"'/(' +-"3"&'%+$-+%$3'()*+'+$#&$#+N$5023*#[+12$+3D$#+%$02#'N'-+
$#.'(*+'&=+-$#-*+0*-*+#"-.3$#+'0*-.'/D'/&$#+,'+"/?'/&'%"'oB+G>*'%$#[+XppFE+
kkI
M0*##',*+.$3*+0*%.*%'&"N"#-*+,*#+0'N'3'%"'/*#+$+.$3*+,$#.%$]*+,*#+*?"0"'"#+,'#+
*2&%'#+'%-'#[+*#+0'%%*#+,$+0*-4'&$+.'%$0"'-+/)*+&$%+?2&2%*+/*+<Q+,'+,=0','+,$+XpCWB
L*/N=-+3$-4%'%+12$+*+$-.%$8*+,*#+0'%%*#+,$+0*-4'&$[+,2%'/&$+'+,=0','+,$+
XpCW[+#$%"'+'%,2'-$/&$+,"#02&",*+/*#+.'5#$#+$2%*.$2#[+/*#+<@M+$+/'+@b>>[+#$-+12$+#$+
0D$8'##$+'+2-+0*/#$/#*+#*4%$+#$2+$-.%$8*B+<-4*%'+j`+D*2N$##$+,$?$/#*%$#+,*+.'.$3+
"-.*%&'/&$+,*+0'%%*+,$+0*-4'&$+0*-*+'%-'+.%"/0".'3[+$##'+,$?$#'+'"/,'+?']"'+.'%&$+,*+
qC
0'-.*+&$9%"0*+$+$R.$%"-$/&'3[+0*-*+N"#&*+'/&$%"*%-$/&$+G>&*/$[+CWWCE+XpFB+62%%'f[+
XpphE+CXm+CY:CqB+6'0t#$f[+XpkYE+XWm+XpkhE+XkB+K",$+0'.5&23*+C+,$#&$+&%'4'3D*IB
L*-*+-*&"N*#+.'%'+*+?%'0'##*+,'+.%"-$"%'+&$/&'&"N'+,$+"/032#)*+,*#+0'%%*#+,$+
0*-4'&$+/*+Q%'#"3+.*,$:#$+0D$8'%+a#+#$82"/&$#+0*/032#^$#E+
7%"-$"%*[ + $ + .%"/0".'3-$/&$[ + ' + "/032#)* + ?%'0'##*2 + ,$N",* + a + 4'"R' + 0'.'0",',$+
&$0/*398"0' + ,' + =.*0'B + P# + 0'%%*# + ,$ + 0*-4'&$[ + $- + &*,* + * + -2/,*[ + $#&'N'- + $- + ?'#$+
.%"-`%"' +,$+$N*32()*+,2%'/&$+*+.$%5*,*[ +'##"-+0*-* +'+"/,_#&%"' +'2&*-*4"35#&"0' +$-+
8$%'3B+P+,$4'&$+'+%$#.$"&*+,'+-$0'/"]'()*+,$+.'%&$+*2+,'+&*&'3",',$+,'+?*%('+-"3"&'%+
$#&'N'+#$+"/"0"'/,*+/*+-$"*+,'+,=0','+,$+XpCW[+12'/,*+'+&$0/*3*8"'+,$+'2&*-9N$"#+
'N'/('N'+$+.$%-"&"'+'+.%*,2()*+,$+N$5023*#+,$+&%'/#.*%&$+-'"#+0*/?"`N$"#FqB
<-+#$82/,*[+'+"/032#)*+/)*+?*"+.3'/$j','+.$3'+*%8'/"]'()*B+V)*+D*2N$[+,$#,$+'+
'12"#"()*[+2-+.%*j$&*+,$+2&"3"]'()*+,*#+0'%%*#+,$+0*-4'&$[+/$-+*.$%'0"*/'3-$/&$[+/$-+
0*-*+2/",',$+$R.$%"-$/&'3+.'%'+*+&%$"/*+,$+&=0/"0*#B+P#+*?"0"'"#+$+#*3,',*#+,$#&'0',*#+
.'%' + /$3' + #$%N"% + /)* + $/&$/,"'- + /',' + ,* + #$%N"(* + 12$ + ,$#$-.$/D'%"'-[ + &$/,* + 12$+
'.%$/,$% + /$3' + * + /$0$##`%"* + .'%' + 0*/#$%N'% + $ + 2&"3"]'% + * + -'&$%"'3B + M##"- + '2#$/&$ + ,$+
&=0/"0*#[+/)*+#$+?*%-*2+$/&%$+*#+*?"0"'"#+2-+.$/#'-$/&*+.%9.%"*+#*4%$+'+-$0'/"]'()*+
/*+<QB++
L*%%*4*%'/,* + $##'# + '?"%-'(^$#[ + &$-:#$ + * + %$3'&* + ,$ + 2- + *?"0"'3 + ,$ + 0'N'3'%"'+
,'12$3$+.$%5*,*E
lH'3N$] + #$ + .*##' + '&%"42"% + &)* + .'%',*R'3 + %$#23&',* + G* + ?"- + ,' + L*-.'/D"' + ,$+
L'%%*#+,$+M##'3&*I[+$-+4*'+.'%&$[+'*+&%'&'-$/&*+.*3$-"0*+12$+$%'+,',*+/*+.9#:
82$%%' + GXpXY:XpXqI + '* + .%*43$-' + ,' + -*&*:-$0'/"]'()*B + !"#02&"':#$ + 0*-+
'42/,'/0"' +/'# + %$N"#&'# +-"3"&'%$#[ + $ +-$#-* +$- +3"N%*#[ +#$ +*# +43"/,',*# +$ + *+
-*&*%[+$-+8$%'3[+,$N$%"'-+#$%+"/0*%.*%',*#+a+$#&%2&2%'+-"3"&'%B+M%82-$/&'N':
#$[+.%"/0".'3-$/&$+$-+&*%/*+,'+N23/$%'4"3",',$+,*#+43"/,',*#+$+,'+,"?"023,',$+
,*# + N$5023*# + -*&*%"]',*#[ + 12'/&* + '* + #$2 + ,$#3*0'-$/&* + '&%'N=# + ,$ + $#&%','#+
.%$0`%"'#[+12'#$+#$-.%$B+M+0'N'3'%"'[+$-+$#.$0"'3[+%$.2,"'N'+*#+-$"*#+-*&*:
-$0'/"]',*# + 0*-* + "/"-"8*# + ,'# + #2'# + &%',"(^$#B + M3=- + ,"##*[ + ,"]"'- + *#+
0'N'3'%"'/*#+*%&*,*R*#[+%$#23&'N'-+8'%'/&",'-$/&$+"/0'.']$#+,$+#24#&"&25%$-+
*# + .%=#&"-*# + ,* + 0'N'3*B + L*/,$#0$/,$% + 0*- + * + -*&*% + $%' + &%'"()* + .2%'[ + /*#+
'%%'"'"#+,'+L'N'3'%"'Bo+G7$%$8%"/*[+XpkpE+kI++
Fq
+Q'#&'+'/'3"#'%+'+D"#&9%"'+,*+'2&*-9N$3+.'%'+$/&$/,$%+*#+'N'/(*#+*4&",*#+$/&%$+'#+,=0','#+,$+XpCW+$+
XpFWB+</&%$+$#&$#[+0*-*+$R$-.3*[+$#&)*+*+#"#&$-'+,$+#2#.$/#)*+"/,$.$/,$/&$[+$-+XpFF[+$+'+,"%$()*+/'#+
%*,'#+,"'/&$"%'#[+$-+XpFYB+Q'#&'+0*-.'%'%+2-+A*%,+6*,$3+M[+.%*,2]",*+/'+,=0','+,$+XpCW[+0*-+*+KS+
,'+,=0','+,$+XpFW+.'%'+.$%0$4$%+&'"#+'N'/(*#B
qF
+++++++
++
VZBZB5'Oab]TH*+HLO*?@AUpD
P4#$%N'/,*+'+*%,$-+,*#+$N$/&*#+12$+023-"/'%'-+/'+?*%-'()*+,*+L$/&%*+,$+
r/#&%2()* + ,$ + 6*&*-$0'/"]'()* + O + * + Lr66 + :[ + * + .%*0$##* + ,$ + "/*N'()* + *0*%%",* + /'+
#$82/,'+&$/&'&"N'+,$+"/0*%.*%'()*+,*+0'%%*+,$+0*-4'&$+/*+<R=%0"&*+Q%'#"3$"%*+&$-+?'#$#+
0*"/0",$/&$# + 0*- + '# + .%*.*#&'# + ,$ + >&$.D$/ + b*#$/ + $- + %$3'()* + ' + #2' + "/&%*,2()* + #$%+
4'3"]','+.$3*+0*-'/,*+,'+*%8'/"]'()*B
!"?$%$/&$+,'+=.*0'+,'+L*-.'/D"'+,$+L'%%*#+,$+M##'3&*[+'+#"&2'()*+,*+Q%'#"3+$-+
-$',*#+,'+,=0','+,$+XpFW+$%'+3"8$"%'-$/&$+,"?$%$/&$B+<-4*%'+*+.'5#+'"/,'+?*##$+2-'+
$0*/*-"'+'8%*$R.*%&',*%'[+'+/*N'+$3"&$+12$+'##2-"2+*+.*,$%+?$,$%'3+$-+XpFW+.*##25'+
2-+,"#02%#*+,$#$/N*3N"-$/&"#&'[ +12$ +,$#$j'N' +%*-.$% +0*- +*+-*,$3* +$0*/x-"0* +,$+
$R.*%&'()*+,$+-'&=%"'#:.%"-'#+N"8$/&$+,2%'/&$+&*,'+'+b$._43"0'+K$3D'B
M+.*35&"0'+,$#$/N*3N"-$/&"#&'+,$+K'%8'#+#$+#*-'N'+'*#+",$'"#+,$?$/,",*#+,$/&%*+
,' + *%8'/"]'()* + -"3"&'%[ + 12$ + ,$#,$ + '/&$# + ,' + -2,'/(' + .*35&"0' + $- + XpFW + '.%$8*'N' + '+
/$0$##",',$+,*+,$#$/N*3N"-$/&*+"/,2#&%"'3+$+$0*/x-"0*+4%'#"3$"%*+.'%'+'3'N'/0'%+#2'+
-*,$%/"]'()*B+<##'+,$?$#'+,*+,$#$/N*3N"-$/&*+.$3*+/*N*+8%2.*+.*35&"0*+?'N*%$0$%"'+*+
'.*"* + ,*# + -"3"&'%$# + a + b$N*32()* + $- + XpFW + $ + .*#&$%"*%-$/&$ + '* + 8*3.$ + ,$ + XpFkB + P+
?'N*%$0"-$/&*+$#&'&'3+/*#+.%"-$"%*#+'/*#+,'+,=0','+,$+XpFW+.$%-"&"%"'+*+'2-$/&*+,$+
%$02%#*#+.'%'+*+<R=%0"&*+Q%'#"3$"%*[+$-+$#.$0"'3+/*#+.%"-$"%*#+'/*#[+N"#'/,*+0*/#*3",'%+
*+.*,$%+?$,$%'3+?%$/&$+a#+$3"&$#+$#&',2'"#B++++
+
P + <6< + #$82"' + #$2 + ,$#$/N*3N"-$/&* + 0*-* + 9%8)* + 0$/&%'3"]',*% + ,* + <R=%0"&*B+
<-4*%'+*+6"/"#&%*+,'+;2$%%'+#$+-'/&"N$##$+0*-*+*+0*-'/,'/&$+-"3"&'%[+*+9%8)*+$+#$2+
0D$?$+.'##'%"'-+'+#$%+*#+',-"/"#&%',*%$#+,'+*%8'/"]'()*+-"3"&'%B+P+-"/"#&%*[+$/&%$&'/&*+
'"/,'+-'/&"/D'+*+.'.$3+,$+3"8'()*+0*-+*+.*,$%+0"N"3[+12$+$%'+*+8'%'/&",*%+,*#+%$02%#*#+
.'%'+'+-*,$%/"]'()*+GQ'/D'[+XpqYE+XWW:XWCIB
P+.$%5*,*+,*+8$/$%'3+;9$#+6*/&$"%*+0*-*+6"/"#&%*+,'+;2$%%'[+/*#+'/*#+,$+
XpFY + $ + XpFZ[ + ?*" + 2- + -*-$/&* + ,$ + .%*.*#&'# + .'%' + %$?*%-'# + 4`#"0'# + $ + $R.'/#)* + /'+
*%8'/"]'()*+-"3"&'%B+L*/D$0",*+.*%+eB+QB+6'8'3D)$#+0*-*+*+4"i/"*+XpFY:XpFZ[+-'%0*2+
'# + &%'/#?*%-'(^$# + ,* + <R=%0"&* + 0*- + ' + .%*-238'()* + ,$ + N'%"'# + 3$"#[ + 0*-* + '# + 3$"# + ,$+
P%8'/"]'()*+;$%'3+,*+<R=%0"&*[+,$+7%*-*(^$#+$+,$+P%8'/"]'()*+;$%'3+,*+6"/"#&=%"*+,'+
;2$%%'[+0*-+*+"/&2"&*+,$+$R.'/,"%+$+-*,$%/"]'%+'+*%8'/"]'()*+-"3"&'%+G6'8'3D)$#[+XppqE+
FYYIB+
qY
!$#&'#+3$"#[+'+T$"+,$+7%*-*(^$#+%$823'-$/&'N'+*+0*/&%*3$+#*4%$+'#+.%*-*(^$#+
,$/&%*+,'+*%8'/"]'()*[ +%$,2]"/,* +'+"/?32i/0"' +.*35&"0' +#*4%$+'+*?"0"'3",',$ +$/12'/&*+
'2-$/&'N' + * + 0*/&%*3$ + ,* + 0*-'/,* + ,* + <R=%0"&* + #*4%$ + ' + -$#-'B + !$ + '0*%,* + 0*- + *+
-*,$3* +3'+.&#N#-).4&*+ =+$#&$+0*/&%*3$+#*4%$+'#+0'%%$"%'#+,*#+-$-4%*#+12$+.$%-"&$+'*+
0*-'/,*+*%8'/"]'0"*/'3+"/?32$/0"'%+/*+.%*0$##*+,$+&%'/#?*%-'()*+Gb*#$/[+XppXE+CXIB++
L*/#&'/&$+/' +R"3#("#).:&'31&4B)#()*#$%&(.)*#"#"-"+3C)*#()#<7A./3+)#&+3C)#", #
+",2)#("#2&1#"#)%+.&*#2.)C3(a'/3&*bZ+$#&'N'-+'+?*%-'()*+,$+2/",',$#+-$0'/"]','#[+'+
#$%$-+0*/#&"&25,'#+$-+0'%`&$%+*4%"8'&9%"*+$-+,*"#+'/*#+'+.'%&"%+,'+'.%*N'()*+,$##'+3$"+
G6'8'3D)$#[+XppqE+FYF:FZkIB+<##$+-*-$/&*+,$N$%"'+&$%+#",*+*+/'#0"-$/&*+,*+?2&2%*+
<#12',%)*+,$+'2&*:-$&%'3D',*%'#B+
</&%$&'/&*[+'+.'##'8$-+,*+0'%8*+,$+6"/"#&%*+,$+;9$#+6*/&$"%*+.'%'+*+8$/$%'3+
e*)*+;*-$#+'&%'#*2+*+.%*0$##*B+P+8$/$%'3+e*)*+;*-$#+'##2-"2+0*-+'+0*/0*%,u/0"'+,$+
12$+*+.3'/$j'-$/&* +,$+;9$#[+0*/?"%-',* +.$3'# +3$"# +3'/(','# +$-+XpFY[+#$%"'+3$N',*+
',"'/&$B+6'#+$-+XpFh+*+8$/$%'3+;*-$#+/)*+,$-*/#&%'N'+*+-$/*%+"/&$%$##$+$-+-'/&$%+
$##$+.3'/$j'-$/&*+G60L'//[+CWWkE+YpYIB+H$/,*+,$#'N$/('#+0*-+'382/#+*?"0"'"#[+0*-+
;9$#+$+?"/'3-$/&$+0*-+;$&23"*+K'%8'#[+*+8$/$%'3+;*-$#+'0'4*2+#$/,*+'?'#&',*+,*+
0'%8*+$+#20$,",*+.$3*+8$/$%'3+<2%"0*+;'#.'%+!2&%'B+M+'#0$/#)*+,$+;9$#+6*/&$"%*[+$-+
XpFk[+a+0D$?"'+,*+<6<+?*%-'%"'+'+,2.3'+12$+0*-'/,'%"'+*+<R=%0"&*[+'&%'N=#+,'+#2'+
-*,$%/"]'()*[+,2%'/&$+*+<#&',*+V*N*B
V* + .$%5*,* + $- + 12$ + '# + /*N'# + T$"# + ,$ + P%8'/"]'()* + ,* + <R=%0"&* + ?*%'-+
.%*-238','# + ' + 66A[ + 0*- + #$2 + 0*/&%'&* + %$?*%-23',*[ + '&2'N' + /* + '##$##*%'-$/&* + ,*+
<6<[ + %$'3"]'/,* + *# + 02%#*# + ,$/*-"/',*# +(" # 3'-).,&4H"*0+ ,$#&"/',*# + '*# + *?"0"'"#+
#2.$%"*%$#[+.'%'+*#+'&2'3"]'%$-+12'/&*+'+'#.$0&*#+,*2&%"/`%"*#+$+/*N'#+&=0/"0'#+12$+"'-+
#$+,$#$/N*3N$/,*+/*#+$R=%0"&*#+$2%*.$2#+G6'3'/[+XpqqE+XkFIB+V'+0D$?"'+,'+66A+,$#&$+
.$%5*,* + $#&'N' + * + 8$/$%'3 + 7'23 + V*$3[ + %$0$/&$-$/&$ + .%*-*N",* + '* + 8$/$%'3'&*B + <#&$+
0*-'/,'/&$+?%'/0i#[+*4#$%N'/,*+'#+-2,'/('#+12$+$#&'N'-+#$/,*+.%*.*#&'#+.*%+;9$#+
.'%' + * + <Q + $ + .$%0$4$/,* + * + ,$#$j* + ,$ + 2-' + ?*%(' + -$0'/"]','[ + ",$'3"]*2 + $- + XpFZ + '+
?*%-'()*+,$+2-' +*"4B)#("#,)+),"/&'31&4B)+ ,$/&%*+,*+<6<[+12$+?"0'%"'+%$#.*/#`N$3+
.$3'+0*/#&"&2"()*+,'+/*N'+'%-'+GQ'#&*#[+CWXXE+pFB+M3N$#[+XphYE+FpFIB
P+<R=%0"&* +Q%'#"3$"%* +#'4"'+12$[+/$#&$+-$#-* +.$%5*,*[+'# +?*%('# +'%-','# +,'+
M%8$/&"/'[ + #$2 + .%*N`N$3 + "/"-"8* + /* + 0*/&"/$/&$[ + $/&%'N'- + $- + 2- + .%*0$##* + ,$+
-*,$%/"]'()*[+*+12$+"/0325'+'+0*/#&"&2"()*+,$+2-'+?*%('+-$0'/"]','YWB+M3=-+,"##*[+*#+
Fp
+!$0%$&*+V•+CYBCqk+,$+CY+,$+-'"*+,$+XpFYB*
+P+<R=%0"&*+M%8$/&"/*+.%$&$/,"'+0*-.%'%+,'+H0D$0*#3*N`12"'+2-'+#=%"$+,$+N$5023*#+&:Fq[+0'%%*#+3$N$#B+P+
/2-$%*+,$+2/",',$#+&*&'3+,$N$%"'+'&"/8"%+'+.*20*+-'"#+,$+2-'+0$/&$/'B+6'#+'+"/N'#)*+,*#+>2,$&*#+.$3'+
YW
qZ
0'%%*#+12$+#$%"'-+0*-.%',*#+$%'-+2&"3"]`N$"#+0*/&%'+"/"-"8*#+"/&$%/*#+%']*'N$3-$/&$+
'%-',*#[+0*-*+*#+$&5*.$#+/'+M4"##5/"'B
P+*4j$&"N*+,'+#$()*+,$+-*&*-$0'/"]'()*+$%'+.3'/$j'%+'+?*%-'()*+,'#+2/",',$#+
-$0'/"]','#[+.%*8%'-'/,*+'+0*-.%'+,$+N$5023*#[+'+3*0'3"]'()*+,'+2/",',$+$+*+&'-'/D*+
,*+#$2+12',%*+$?$&"N*B +<%'+2-+9%8)*+&=0/"0*[ +',-"/"#&%'&"N* +$+0*/#23&"N*[ +$+/)*+,$+
"/#&%2()*B + 6'# + 0*- + #2' + ?2/()* + ',-"/"#&%'&"N'[ + ' + #$()* + .3'/$j'%"' + * + .%*0$##* + ,$+
?*%-'()*+,$+.$##*'3+0'.'0"&',*+.'%'+3",'%+0*-+'+/*N'+'%-'B+
M+#$()*[+$-+CC+,$+'4%"3+,$+XpFk[+$/N"*2+'*+<6<+2-+%$3'&9%"*+'+%$#.$"&*+,*+
$#&',*+$-+12$+#$+$/0*/&%'N'+*+.%*0$##*+,$+-$0'/"]'()*+,*+<R=%0"&*+$+0*/#&'&*2+12$+
.*20*+D'N"'+#",*+?$"&*B+V*+-$#-*+%$3'&9%"*[+'+#$()*+3$N'/&'+2-'+#=%"$+,$+.%*43$-'#+$+
#*32(^$#+.*##5N$"#+.'%'+'+-*&*-$0'/"]'()*E+
l7'%$0$ + a + #$()* + 12$ + ,* + %`.",* + $#&2,* + #$ + ,$.%$$/,$ + 0*-* + 2-' + .%"-$"%' + $+
"-.*%&'/&$ + 0*/032#)* + ' + /$0$##",',$ + ,$ + 2- + 9%8)* + &=0/"0* + 12$ + 0$/&%'3"]$ + '#+
12$#&^$# + &=0/"0'# + $ + "-.$(' + ' + ,"#.$%#)* + ,$ + $#?*%(*# + $N",$/0"','B + <##'+
/$0$##",',$ + $#&` + $- + .'%&$ + '&$/,",' + .$3' + 0%"'()* + ,$#&' + #$()*B + GBBBI + >$ + $##'+
#*32()*+*2+*2&%'+$12"N'3$/&$+/)*+?*%+',*&','[+,$/&%*+$-+.*20*[+'+.32%'3",',$+
,$+*%"$/&'(^$#+$+'+,"N$%#",',$+,$+&".*#+,$+-'&$%"'3+&$%)*+&*%/',*+*+.%*43$-'+,'+
-*&*%"]'()*+,*+<R=%0"&*+,$+2-'+0*-.3$R",',$+&'3+12$+*#+-$"*#+-*&*%"]',*#+
/)* + ,'%)* + * + %$/,"-$/&* + /$0$##`%"*B + >2' + %$*%8'/"]'()* + #$ + "-.*%`[ + $/&)*[ + $+
02#&'%` + -2"&* + -'"# + 12$ + $/0'%'% + ,$#,$ + 3*8* + * + .%*43$-' + /* + #$2 + 0*/j2/&* + $+
%$#*3N$:3*+,$#,$+3*8*+,$/&%*+,$+2-+.%*8%'-'+.%$$#&'4$3$0",*Bo+YX
L*-* + .%*.*#&' + .'%' + ' + -*&*:-$0'/"]'()*[ + ' + #$()* + .%$#0%$N"' + ,*"# + $#&2,*#+
$R"#&$/&$#+,$/&%*+,'+,*02-$/&'()*+,*+<6<E+2-+.%*,2]",*+.$3*+8$/$%'3+S'3,*-"%*+,$+
T"-'[+%$0=-+$/N"',*+a+-"##)*+,$+*4#$%N'()*+,*#+$3$-$/&*#+-$0'/"]',*#+/'+;2$%%'+,'+
M4"##5/"'[ + $ + *2&%' + .%*,2]",' + .$3*# + "/#&%2&*%$# + ,* +/%.*) # (" # 3'-).,&4H"* # *%2".3)."*[+
%$'3"]',*+/'+<#0*3'+,$+<#&',*+6'"*%B+M-4*#+*#+$#&2,*#+.%*.2/D'-+'+?*%-'()*+,$+2-'+
.%"-$"%'+2/",',$+$-+0'%`&$%+$R.$%"-$/&'3B
!$/&%$ + *# + *?"0"'"# + 12$ + &%'4'3D'%'- + /' +*"4B) # (" # ,)+),"/&'31&4B)+ $#&'N' + *+
0'."&)*+7'"N'+LD'N$#B+r/,"0',*+.$3*+8$/$%'3+V*$3[+7'"N'+LD'N$#+D'N"'+?$"&*+*+02%#*+,$+
-*&*:-$0'/"]'()* +/'+<#0*3'+,$+L'N'3'%"' +,*+<R=%0"&*+A%'/0i#[+$-+>'2-2%B+!$.*"#+
M3$-'/D'+0'/0$3*2+*+'0*%,*[+$+*#+0'%%*#+/2/0'+N"$%'-B+P#+'%8$/&"/*#+#$+0*/&$/&'%'-+'+0*-.%'%+N$5023*#+
L'%,$/:T*f,[+.'%$0",*#+0*-+*#+-*,$3*#+M/#'3,*B+7$%0$4$:#$+&'-4=-+12$+*#+*?"0"'"#+4%'#"3$"%*#+
'0*-.'/D'N'-+,$+.$%&*+*+$R=%0"&*+%"N'3B+62"&*+3",'[+.$3'#+0"&'(^$#+?$"&'#+.$3*#+4%'#"3$"%*#[+$%'+'+b$N"#&'+
6"3"&'%+M%8$/&"/'+G>"3N'[+XpFhE+XCCB+M3N$#[+CWWkE+XWWIB+
YX
+M%12"N*+V'0"*/'3B+A2/,*+;9$#+6*/&$"%*[+#$%"$+Y[+#24:#=%"$+C[+/*&'()*+hpYBYUhpYBZB+
qh
#$%N"2 + /' + <#0*3' + ,$ + <#&',*:6'"*% + ,* + Q%'#"3[ + 0*-* + "/#&%2&*% + ,$ + 0'N'3'%"'[ + &$/,*+
.%*?$%",*+2-'+'23'+.'%'+*+/%.*)#("#3'-).,&4H"*+#*4%$+*#+0'%%*#+,$+0*-4'&$[+j2/&'-$/&$+
0*-+2-+*?"0"'3+,'+66A[+-'j*%+7"$%%$+!$-"'2[+"/#&%2&*%+,$+0'N'3'%"'[+$+*2&%*+$#&'8"`%"*+
/*+<R=%0"&*+A%'/0i#[+*+&'-4=-+0'."&)*+!2%N'3+,$+6'8'3D)$#+L*$3D*+GM3N$#[+XphYE+FpZB+
Q'#&*#[+CWXXE+pYIB+
M+.%*.*#&'+?*%-23','+.*%+$#&$#+*?"0"'"#+.'%'+'+-$0'/"]'()*+,*+<Q+0*/#"#&"'+/'+
-$0'/"]'()*+8%',2'3+,'+?*%('[+0*/#&"&2"/,*+2/",',$#+,$+/&C&6&.3&#,3*+&[+0*-.*#&'+,$+
2/",',$#+'+0'N'3*+$+-$0'/"]','#B+M+-$0'/"]'()*+,$N$%"'+0*-$('%+.$3'#+2/",',$#+-'"#+
3$N$#[+0*-+N$5023*#+43"/,',*#+,$+%$0*/D$0"-$/&*[+$+.*#&$%"*%-$/&$+0D$8'%+'*#+0'%%*#+,$+
0*-4'&$+-=,"*#B+P+.*#"0"*/'-$/&*+,$#&'#+2/",',$#+,$N$%"'+#$%[+.%$?$%$/0"'3-$/&$[+/'#+
%$8"^$# + ?%*/&$"%"('#[ + -'# + $#&' + ",="' + '0'4*2 + #$/,* + N$&',' + .$3* + <6<[ + 12$ + ,'N'+
.%$?$%i/0"'+a#+?*%('#+%$#",$/&$#+/'+0'."&'3YCB
<-+XpFq[+,$+%$8%$##*+,'+;2$%%'+/'+M4"##5/"'[+*+8$/$%'3+S'3,*-"%*+L'#&"3D*+,$+
T"-'+$/&%$8*2+#$2+%$3'&9%"*+,$+*4#$%N'()*+a#+&%*.'#+"&'3"'/'#[+*/,$+*."/'N'+.$3'+0*-.%'+
,$ + 0'%%*# + 3$N$# + "&'3"'/*#[ + *# + 0'%%*# + '2&*:-$&%'3D',*%'# + LK + FUFZYF[ + ?'4%"0',*# + .$3'+
"/,_#&%"'+"&'3"'/' +I3&+?@'*&6()B+P#+0'%%*# +U"'&%6+[+,$+XpCX[+$%'-+.*20*#+$+$#&'N'-+
*4#*3$&*#[+/$0$##"&'/,*+,$+#24#&"&2"()*YYB+
L*/N*0',*#+.$3*+8'4"/$&$+,*+6"/"#&%*+,'+;2$%%'[+8$/$%'3+<2%"0*+!2&%'[+?*%-*2:
#$+2-'+0*-"##)*+.'%'+.$/#'%+'+2&"3",',$+,'+0*-.%'+,*#+N$5023*#[+$+*+0'."&)*+7'"N'+
LD'N$#[+-$-4%*+,'+0*-"##)*[+0*/#",$%*2+'+.%*.*#&'+,*+8$/$%'3+S'3,*-"%*+,$+T"-'+
N"`N$3+$+0*/0*%,*2+0*-+'+0*-.%'+,*#+0'%%*#+"&'3"'/*#YZB
P# +0'%%*#[+$- +/2-$%* +,$ +N"/&$ +$+&%i#[+?*%-'%'- +$- +CZ+,$+-'"* +,$+XpFq+*+
.%"-$"%*+<#12',%)*+,$+M2&*:-$&%'3D',*%'#[+&'-4=-+,$/*-"/','+,$+>242/",',$+<#0*3'+
6*&*:-$0'/"]','[ +12$+?*"+0*/?"',*+'*+0*-'/,* +,*+0'."&)* +7'"N'+LD'N$#[+12$+&$N$+
3"4$%,',$ + .'%' + $#0*3D$% + #$2# + #24*%,"/',*# + GQ'#&*#[ + CWXXE + pYB + M3N$#[ + XphYE + FpYIB+
7$/#',*+"/"0"'3-$/&$+0*-*+2-'+#242/",',$:$#0*3'[+'0'4*2+#$/,*+?*%-','+0*-*+&'3[+
$-+j'/$"%*+,$+XpFp[+12'/,*+*+-'j*%+,$+"/?'/&'%"'+!2%N'3+,$+6'8'3D)$#+L*$3D*+0D$8'+
.'%' + '##2-"% + * + 0*-'/,* + ,* + L$/&%* + ,$ + r/#&%2()* + ,$ + 6*&*%"]'()* + $ + 6$0'/"]'()*+
YC
+r,$-B+V*&'()*+hpYBXWB+
+P+LK+FUFZ+"&'3"'/*+$%'+2-+-*,$3*+%$,$#$/D',*+,*+0'%%*+3$N$+4%"&u/"0*+L'%,$/:T*f,[+/*+-*,$3*+
0*/D$0",*+/'+=.*0'+0*-*++&'P"++"[+*2+0'%%*+,$+0*-4'&$+3$N$B+<%'+_&"3[+&$*%"0'-$/&$[+$-+-"##^$#+,$+
%$0*/D$0"-$/&*+$+'.*"*+3$N$+,$+"/?'/&'%"'B+L*-+*+,$0*%%$%+,'+rr+;2$%%'[+*#+-*,$3*#++&'P"++"+#$+
-*#&%'%'-+"/_&$"#+/*+02-.%"-$/&*+,$+#2'#+?2/(^$#[+$-+?'0$+,$+43"/,',*#+$+"/?'/&'%"'+?*%&$-$/&$+
'%-',*#[+$+?*%'-+'4'/,*/',*#B
YY
+b$#&'N'-[+/$#&'+=.*0'[+.*20*#+,$#&$#+N$5023*#[+12$+?']"'-+.'%&$+,'+>$()*+,$+L'%%*#+,$+L*-4'&$+,*+
Q'&'3D)*+,$+;2'%,'#[+/*+b"*+,$+e'/$"%*+GQ'#&*#[+CWXXE+FhIB
YZ
+LD$?"'N'+$##'+0*-"##)*+*+8$/$%'3+L'#&%*+e2/"*%[+#$/,*+'"/,'+0*-.*#&*+.$3*+&$/$/&$+0*%*/$3+•3N'%*+
A"_]'+,$+L'#&%*+GM3N$#[+XphYE+FpFIB
YF
qk
GLr66I[+#$/,*+*+0'."&)*+L'%3*#+A3*%$#+,$+7'"N'+LD'N$#+#$2+#240*-'/,'/&$+GQ'#&*#[+
CWXXE+pYB+M3N$#[+XphYE+FpYIB+++++++++++++
+
P# + 02%#*# + ,* + Lr66 + .'##'%'- + ' + #$% + %$'3"]',*# + /* + -$#-* + '/*[ + &$/,* + 0*-*+
"/#&%2&*%$# + '382/# + ,*# + *?"0"'"# + 12$ + #$%N"%'- + '/&$%"*%-$/&$ + /* + $#12',%)*B + </&%$ + *#+
'32/*#[ + Ch + *?"0"'"# + O + 0'."&)$# + $ + &$/$/&$# + : + ,'# + &%i# + '%-'# + $R"#&$/&$# + /* + $R=%0"&*+
Gr/?'/&'%"'[ + L'N'3'%"' + $ + M%&"3D'%"'IB + M + -'"*%"'[ + ,$#0%"&*# + .*% + 2- + ,*# + "/#&%2&*%$# + ,'+
.%"-$"%'+&2%-'[+$%'+,$+l8$/&$+,'+N$3D'+82'%,'[+#"/0$%'-$/&$+N*3&','+.'%'+'+%$/*N'()*+
12$+'+-*&*:-$0'/"]'()*+%$.%$#$/&'N'o+G7$%$8%"/*[+XpkpE+XkI[+#$/,*+12$+'382/# +,*#+
*?"0"'"# + 12$ + N"$%'- + .%$#&'% + * + 02%#* + $%'- + ,$?$/#*%$# + ,' + 3"/D' + &%',"0"*/'3 + ,' + '%-'+
0'N'3'%"'/'B+
<-+#$&$+,$+j23D*+,$+XpYC[+12'/,*+0D$?"',*+.$3*+&$/$/&$:0*%*/$3+M%&2%+,'+L*#&'+
$+>"3N'[+*+L$/&%*+,$+r/#&%2()*+%$0$4$2+*2&%*+/*N*+/*-$E+<#0*3'+,$+6*&*:-$0'/"]'()* Yh+
G<#66I+GQ'#&*#[+CWXXE+pYB+M3N$#[+XphYE+FpZIB+M+.'%&"%+,$+XpYC[+0*-$('N'+&'-4=-+'+
0D$8'% + -'&$%"'3 + -"3"&'% + ,*# + <#&',*# + @/",*#[ + $- + 2-' + 12'/&",',$ + "-.$/#',' + .$3*#+
-"3"&'%$#+4%'#"3$"%*#+D`+-$/*#+,$+2-'+,=0','YkB+P+-'&$%"'3+%$0$4",*+.$%-"&"'+-*/&'%+
/)*+'.$/'#+2-+$#12',%)*[+-'#+4'&'3D^$#+"/&$"%*#+,$+0'%%*#+,$+0*-4'&$+3$N$#+$+-=,"*#+
'3=-+,$+$#12',%^$#+,$+%$0*/D$0"-$/&*+-$0'/"]',*#+$+4'&'3D^$#+,$+"/?'/&'%"'+43"/,','+
G6'8'3D)$#[+XppqE+FkXB+M3N$#[+XphYE+FphB+Q'#&*#[+CWXXE+XWpm+XXkIB+
M*+-$#-*+&$-.*+*?"0"'"#+4%'#"3$"%*#+?*%'-+$/N"',*#+'*#+<#&',*#+@/",*#+.'%'+#$+
?'-"3"'%"]'%+0*-+*+$12".'-$/&*+$+'#+&`&"0'#+$#&',2/",$/#$#B+e2/&'-$/&$+0*-+*#+0'%%*#[+
0D$8'%'-+*#+-'/2'"#+$+'#+&`&"0'#+2&"3"]','#+/*+<R=%0"&*+,*#+<#&',*#+@/",*#B+M+,*2&%"/'+
,$ + $-.%$8* + ,$ + 43"/,',*# + $#&',2/",$/#$ + = + "/&%*,2]",' + /* + <R=%0"&* + Q%'#"3$"%* + /$#&$+
.$%5*,*[+$+0*/,2]"%"'+a+?*%-'()*+,'+,"N"#)*+43"/,','[+/'+,=0','+,$+XpZW+GM3N$#[+XphYE+
FpqB+Q'#&*#[+CWXXE+XXkB+>*'%$#[+XppFE+kCIB++
L*-*+.%*.*#&*+/*+,)("6)#3'+.&#N#-).4&*+,$+$#&2,*+,'+"/*N'()*+$-+*%8'/"]'(^$#+
-"3"&'%$#+?*%-23',*+.*%+>&$.D$/+b*#$/[+.$%0$4$-*#+12$[+'*+0*/&%'%"*+,*+0'#*+,$+XpCX[+
Yh
+R"3#("#<'*3')#F363+&.[+!$0%$&*+V2-B+YBXFW+,$+Ch+,$+j2/D*+,$+XpYCB+K$%+M%&B+q[+3$&%'+4+$+M%&B+Xp[+3$&%'+4B+
M+$#0*3'+?2/0"*/*2+0*-+$#&$+/*-$+'&=+XphW[+12'/,*+.'##'+'+#$+0D'-'%+<#0*3'+,$+6'&$%"'3+Q=3"0*[+
$-4*%'+0*/&"/2'##$+$R$%0$/,*+'#+?2/(^$#+,$+"/#&%2()*+#*4%$+*+2#*+,*#+0'%%*#+,$+0*-4'&$+$+#2'+
-'/2&$/()*B+<##'+-2,'/('+/*+/*-$+,'+2/",',$+-"3"&'%+j`+#$%N$+0*-*+$N",i/0"'+,*+"/50"*+,'+&$%0$"%'+?'#$+
,'+"/&%*,2()*+,*#+L'%%*#+,$+L*-4'&$+/*+Q%'#"3B
Yk
+LD$8':#$+a+0*/032#)*+,'+,"?"023,',$+,*+<Q+$-+0*/#$82"%+-'&$%"'3+'/'3"#'/,*+*+,*02-$/&*+,*+
6"/"#&=%"*+,'+;2$%%'[+,$+XpFqE+W#X.)K6",&#()#."&.,&,"'+)#()#<7A./3+)+Gb"*+,$+e'/$"%*E+r-.%$/#'+
6"3"&'%[+XpFqIB+V'#+.%"-$"%'#+.'8"/'#+.*,$:#$+/*&'%+*+8$/$%'3+!2&%'+$R.3"0'/,*+*+-*&"N*+,$+.%"*%"]'%+'+
0*-.%'+,$+'382-'#+'%-'#+$-+,$&%"-$/&*+,$+*2&%'#[+,$N",*+a+$#0'##$]+,$+%$02%#*#B+M+.'%&"%+,$+XpYC[+'+
0D$8','+,*#+.%"-$"%*#+$12".'-$/&*#+'-$%"0'/*#+'*+Q%'#"3+'&%'N=#+,*+.%*8%'-'+R"'(?6"&*"+$/0*/&%'+2-+
$R=%0"&*+42#0'/,*[+a#+.%$##'#[+?*%-'%+.$##*'3+.'%'+2&"3"]`:3*#[+0*-+*+$/N"*+,$+*?"0"'"#+.'%'+$#&2,'%+/*+
<R=%0"&*+,*#+<@M+G6'8'3D)$#[+XppqE+FhhB+M3N$#[+XphYE+FphB+60L'//[+XppZE+CXZIB+
qq
D`+2-+"/&$%$##$+*%8'/"]'0"*/'3+$-+&*%/*+,'+0*/#&"&2"()*+,$+2-'+'%-'+43"/,','+/$#&$+
#$82/,*+-*-$/&*B
L*-*+b*#$/+#28$%$[+'+"/*N'()*+,$N$+$#&'%+'3"/D','+0*-+*#+"/&$%$##$#+$/&%$+*#+
35,$%$# + ,' + *%8'/"]'()*[ + *# + *?"0"'"# + ,$ + /5N$3 + D"$%`%12"0* + -=,"* + $ + 0*- + '%%'/j*#+
"/#&"&20"*/'"#+12$+.%*&$j'-+'+"/*N'()*+,$+"/&$%?$%i/0"'#+,2%'/&$+#2'+0*/#*3",'()*B+L*-+
"##*[+*#+35,$%$#+,'+*%8'/"]'()*+&i-+,$+.$%0$4$%+'+/$0$##",',$+,$+2-'+c/*N'+&$*%"'+,'+
N"&9%"'dm + 0*/,2]"% + 2- + .3'/$j'-$/&* + "/&$3$0&2'3 + $ + *%8'/"]'0"*/'3 + ,'+ &%'/#?*%-'()*m + $+
'4%"%+$#.'(*+/'+0',$"'+,$+.%*-*(^$#+D"$%`%12"0'#+.'%'+#$2#+0*/,2&*%$#+.'%'+12$+$3'+#$+
,$#$/N*3N'+$+#$+,"?2/,'+/'+*%8'/"]'()*+-"3"&'%+Gb*#$/[+XppXE+CW:CXIB++
<##$ + -*,$3* + $N",$/0"' + * + .%*0$##* + *0*%%",* + 0*- + * + <#12',%)* + ,$ + M2&*:
-$&%'3D',*%'#+,$+7'"N'+LD'N$#B+\'N"'+'+/$0$##",',$+,$+'+*%8'/"]'()*+&$%+2-'+c/*N'+
&$*%"'+,'+N"&9%"'d[+$R.%$##'+/*+#$2+,$#$j*+,$+#$+-*,$%/"]'%B+M+2/",',$+%$#.*/#`N$3+.*%+
.%*-*N$%+'+"/*N'()*+?*"+0*/0$4",'+,$+,$/&%*+,'+$#&%2&2%'+,$+0*-'/,*+G*+<6<[+0*-+'+
'##$##*%"'+,'+66A[+?*%-'+'+!"4B)#("#F)+),"/&'31&4B)IB+A*"+?*%-23','+$+.3'/$j','+'+
&%'/#?*%-'()* + ,$ + -*,* + N"`N$3[ + $ + '.%*N',' + .$3* + '3&* + 0*-'/,* + G' + ",="' + ,' + 2/",',$+
$R.$%"-$/&'3 + ,$ + c0'N'3'%"' + -"#&'d + #$%N"' + a# + /$0$##",',$# + ,* + $R=%0"&*IB + b$2/"%'-:#$+
$/&)*+*#+%$02%#*#+/$0$##`%"*#+a+#2'+0%"'()*+G'+0*-.%'+?*"+'2&*%"]','+.$3*+6"/"#&=%"*+,'+
;2$%%'I[+?*%-'/,*+'+2/",',$+12$+.'##'%"'+'+"/#&%2"%+*#+,$-'"#+-$-4%*#+,'+?*%('+G'+
0*/#&"&2"()*+$-+2/",',$+$#0*3'I+/'+/*N'+,*2&%"/'+*.$%'0"*/'3B
V*+$#&`8"*+?"/'3[+'+/*N'+,*2&%"/'+=+,"?2/,",'+,$/&%*+,'+*%8'/"]'()*+'&%'N=#+,'#+
.%*-*(^$# + D"$%`%12"0'# + ,*# + *?"0"'"# + 12$ + 0*/,2]"%'- + ' + &%'/#?*%-'()*B + M/'3"#'/,* + '+
0'%%$"%'+,*#+*?"0"'"#+O+"/#&%2&*%$#+$+'32/*#+:+12$+.'##'%'-+.$3'#+.%"-$"%'#+&2%-'#+,*+
Lr66[+,$#0*4%$:#$+2-' +12'/&",',$ +%']*`N$3 +,$+?2&2%*# +8$/$%'"#[+#$/,*+12$+'382/#+
'"/,'+%$&*%/'%"'-+'*+Lr66+G*2+#$2#+/*-$#+.*#&$%"*%$#I+0*-*+#$2#+0*-'/,'/&$#YqB++
VZBZBZ@5)*KOHchS*TSL*S\^M^H^L
P+,)("6)#/%6+%.&6+#$%N$+.'%'+'/'3"#'%+*+0*-.*%&'-$/&*+,*#+*?"0"'"#+,'#+'%-'#+$+
#2'#+%$'(^$#+a+"/*N'()*+,*#+0'%%*#+,$+0*-4'&$+/*+<QB+<-+%$3'()*+'*+0*/?%*/&*+,$/&%*+
Yq
+!$/&%$+*#+*?"0"'"#+12$+#$%N"%'-+0*-*+'32/*#+/*+<#12',%)*+$+.*#&$%"*%-$/&$+'&2'%'-+0*-*+"/#&%2&*%$#+$+
0*-'/,'/&$#+,*+Lr66U<#6Q+$+12$+'&"/8"%'-+*+8$/$%'3'&*[+$#&)*E+A$%/'/,*+Q$3?*%&+Q$&D3$-[+6*'0f%+
Q'%0$3*#+7*&f82'%'[+@-4$%&*+7$%$8%"/*+>$'4%'+A'82/,$#[+e*)*+M34$%&*+!'3$+L*2&"/D*[+K'#0*+g%*.?+,$+
L'%N'3D*[+M'%)*+Q$/0D"-*3[+<,2'%,*+b$8"#+K"$"%'[+'3=-+,$+L'%3*#+A3*%$#+,$+7'"N'+LD'N$#B+</&%$+*#+
0*-'/,'/&$#+#$82"/&$#[+12$+'&"/8"%'-+*+8$/$%'3'&*[+$#&)*E+M%&2%+,'+L*#&'+$+>"3N'[+M,'34$%&*+7$%$"%'+,*#+
>'/&*#[+M/&$%*+,$+6'&*#+A"3D*[+K"0$/&$+,$+7'23*+!'3$+L*2&"/D*+$+M%"$3+7'00'+,'+A*/#$0'+G7$%$8%"/*[+
XpkpE+XZ+'+CCIB+
qp
,'+'%-'+,$+0'N'3'%"'+$/&%$+'#+&%',"(^$#+$+'+"/*N'()*[+'+="-"*&#E&/3)'&6+#$%N"2+-2"&'#+
N$]$#+0*-*+%"/12$+.'%'+$#&$#+$-4'&$#B+
M+%$N"#&'+="-"*&#E&/3)'&6+$%'+0*-.*#&'+'.$/'#+,$+%$,'&*%$#+-"3"&'%$#B+P%"2/,*#+
,$+&*,'#+'#+'%-'#+,*+<R=%0"&*[+$3$#+$%'-+%$#.*/#`N$"#+.*%+$#0%$N$%+'%&"8*#+.%9.%"*#+*2+
'2&*%"]'%+'+.243"0'()*+,$+&$%0$"%*#+/'#+#$(^$#+,'+%$N"#&'+,$#&"/','#+a#+#2'#+%$#.$0&"N'#+
'%-'#B +>$/,*+'##"-[ +#$%"' +-'"# +'0$%&',* +12$+$#&$ +%$,'&*%[ +#$/,*+-"3"&'% +,' +'%-' +$[+
.*%&'/&*[+&$/,*+#2'#+.%9.%"'#+*."/"^$# +'+%$#.$"&*+,$+#2'+$#.$0"'3"]'()*[ +.$%-"&"##$+'+
.243"0'()*+,$+'%&"8*#+12$+$#&"N$##$-+,$+'0*%,*+0*-+#$2+-*,*+,$+.$/#'%YpB+
L*-*+$#0%$N$+6'2%"0"*+>*'%$#[+'#+-'&=%"'#+$/N*3N$/,*+*#+0'%%*#+,$+0*-4'&$+
$%'- + .*20'#[ + $-4*%' + "##* + /)* + ?*##$ + 2- + "/,"0'&"N* + ,$ + ,$#"/&$%$##$ + ,*# + *?"0"'"#+
4%'#"3$"%'#+0*-+'+/*N'+'%-'+GXppFE+kZIB+L*-*+$3$+"/,"0'[+0*/?*%-$+'N'/('-+*#+,$4'&$#+
"/&$%/'0"*/'"#+#*4%$+*+2#*+,*#+0'%%*#[+'2-$/&'-+'+12'/&",',$+,$+'%&"8*#+'+%$#.$"&*+,*+
&$-'+GXppFE+kh:qCIB
n+/$0$##`%"*+0*/&$R&2'3"]'%+*#+'%&"8*#B+M&=+'+,=0','+,$+XpFW[+*#+'%&"8*#+#*4%$+*#+
0'%%*#+,$+0*-4'&$+/)*+$%'-+.243"0',*#+.$3'+#$()*+,'+'%-'+,$+0'N'3'%"'B+P+.%"-$"%*+
'%&"8* + .243"0',* + ?*" + $- + XpCX + $ + %$?$%"':#$ + '* + 2#* + ,* + 0'%%* + ,$ + 0*-4'&$ + /' + '%-' + ,$+
"/?'/&'%"'B + P# + %$,'&*%$# + ,' + 0'N'3'%"'[ + /' + %$N"#&'[ + .243"0'N'- + '%&"8*# + ,$-*/#&%'/,*+
$R$%050"*#+$+-'/*4%'#+2&"3"]'/,*+0'N'3*#B+
M.9#+XpFW[+*+'##2/&*+N'"+8'/D'/,*+"-.*%&u/0"'+$-+N'%"','#+#$(^$#+,'+%$N"#&'+
G>*'%$#[ + XppFE + kpIB + P2&%*# + *?"0"'"# + ,'# + ,$-'"# + '%-'# + &'-4=- + $#0%$N$%'- + #*4%$ + '+
-$0'/"]'()*B +M +%$,'()* +,'+'%-' +,$+"/?'/&'%"'[ +$- +$#.$0"'3[ +.243"0' +$- +12'/&",',$+
'%&"8*# + ,"?2/,"/,* + ' + -$0'/"]'()* + ,* + &%'/#.*%&$ + ,' + "/?'/&'%"' + G!V[ + XpFqE + Ckm + kkkIB+
P2&%*#+'%&"8*#+'.'%$0$-+/'+#$()*+,$#&"/','+'+,"#02&"%+H`&"0'+;$%'3[+-'"#+8$/$%'3"]','ZWB+
M+,"#02##)*+#*4%$+'#+&%'/#?*%-'(^$#+,$0*%%$/&$#+,'+/*N'+&=0/"0'[+/*+$/&'/&*[+'?$&'N'-+
-'"#+'+'%-'+,$+0'N'3'%"'[+.%*N*0'/,*+-'"*%+,"#02##)*B+
Yp
+>'"/,*+,*+u-4"&*+,'+%$N"#&'+.'%'+,$-*/#&%'%+$#&'+,"#.2&'+,$/&%*+,'+'%-'+,$+0'N'3'%"'+N$%"?"0':#$+'+
12'/&",',$+,$+3"N%*#+.243"0',*#+#*4%$+'+'%-'+$-+#2'+2&"3"]'()*+&%',"0"*/'3+.*%+'2&*%$#+,$+%$/*-$+,$/&%*+
,'+*%8'/"]'()*B+@-+,$#&$#[+,"8/*+,$+/*&'[+=+*+8$/$%'3+K'3$/&"-+Q$/"0"*+,'+>"3N'[+12$+D'N"'+#",*+"/#&%2&*%+
,'+$#0*3'+,$+0'N'3'%"'+$-+-$',*#+,'+,=0','+,$+XpFW[+$+.243"0*2+.$3*+-$/*#+,*"#+3"N%*#+'+%$#.$"&*+,'+
'%-'[+,$?$/,$/,*+*#+N'3*%$#+0'N'3'%"'/*#B+!$#&$#+&5&23*#+*+.%"/0".'3+=+W#W-3/3&6#("#;&C&6&.3&+G>"3N'[+
XpFhI[+$#0%"&*+/*+#$2+.$%5*,*+0*-*+"/#&%2&*%[+$+/*+.*#&*+,$+0*%*/$3B+P+3"N%*+?']+2-'+N$$-$/&$+,$?$#'+,*+
2#*+,'+0'N'3'%"'+$-+#2'+?2/()*+&%',"0"*/'3[+0D$8'/,*+'+.*##2"%+2-+0'."&23*+'0$%0'+,'+-*&*:-$0'/"]'()*[+
$-+12$+*+'2&*%+'.%$8*'+12$+*#+'N'/(*#+,'+$%'+,*+-*&*%+/)*+#$%)*+#2?"0"$/&$#+.'%'+&"%'%+,*+0'N'3*+$+#$2+
0*/,2&*%+*+$#.'(*+/*+0'-.*+,$+4'&'3D'B+
ZW
+<R$-.3*+,"##*+=+'+.243"0'()*+,$+2-+'%&"8*+,*+0'."&)*+!2%N'3+L*$3D*[+?2&2%*+0*-'/,'/&$+,'+Lr66[+
3'/(',*+/'+%$N"#&'+$/12'/&*+$3$+'"/,'+$#&'N'+$-+$#&'8"*+/'+A%'/('[+'+%$#.$"&*+,*+2#*+,$+0'%%*#+,$+0*-4'&$+
$+2/",',$#+-*&*%"]','#+$-+0*/j2/&*+0*-+'+"/?'/&'%"'+GL*$3D*[+!V[+XpFqE+hXWIB
pW
<-+.'%&"023'%[+$-+%$3'()*+'*#+,$?$/#*%$#+,*+0'%%*+,$+0*-4'&$+$+,'+-$0'/"]'()*[+
*#+,$?$/#*%$#+,'+0'N'3'%"'+'%82-$/&'N'-+12$+*+0'N'3*+#$%"'+-'"# +?'N*%`N$3+.'%'+#$+
,$#3*0'%+'&%'N=#+,'+"-$/#",)*+,*+.'5#[+12$+.*##25'+.*20'#+$#&%','#+$-+0*/,"(^$#+,$+2#*+
,2%'/&$+&*,*+*+'/*ZXB+<##$+,"#02%#*+,'+2&"3",',$+,*+0'N'3*+$0*'+.$3*#+*?"0"'"#+,$?$/#*%$#+
,*+0'N'3*+,2%'/&$+'+,=0','+,$+XpCW+$+#*4%$N"N$+'"/,'+'&=+-$',*#+,'+,=0','+,$+XpYW+
G>*'%$#[+XppFE+qp:pWm+pFm+phIB
<##'+#"&2'()*+#$+-*,"?"0'+12'/,*+*+0'."&)*+7'"N'+LD'N$#+'##2-$+'+%$,'()*+,'+
'%-'+,$+0'N'3'%"'+/'+%$N"#&'+@#="-"*&#E&/3)'&6[+.*%+N*3&'+,$+XpFh[+'.9#+#$2+%$&*%/*+,*+
$#&'8"*+/'+<#0*3'+,$+>'2-2%B+<-4*%'+$3$+/)*+$#0%$N$##$+'%&"8*#[+'.%*N*2+12$+&$%0$"%*#+
,$?$/,$##$- + * + $3$-$/&* + -$0'/"]',* + $- + '%&"8*# + ,' + %$N"#&'B + L*-* + 0'N'3'%"'/* + ,$+
?*%-'()* + G$ + ,$ + '0*%,* + 0*- + *# + %$3'&*# + ,$ + *?"0"'"# + ,' + =.*0'[ + .$%"&* + 0'N'3$"%*I[ + $3$+
-'/&$N$ + '+.243"0'()* + ,$+'%&"8*# +,"%$0"*/',*# +.'%' +'+ 0'N'3'%"' +&%',"0"*/'3[ + -'#[ + '*#+
.*20*#[+&'-4=-+.$%-"&$+'+.243"0'()*+,$+'%&"8*#+#*4%$+'+-$0'/"]'()*+,'+'%-'B
P+.%"-$"%*+,$#&$#+'%&"8*#[+$+&'3N$]+*+-'"#+"-.*%&'/&$[+?*"+$#0%"&*+.$3*+0'."&)*+
e*)*+,$+!$2#+6$/'+Q'%%$&*[+$-+#$&$-4%* +,$+XpFk+#*4+*+&"&23*E +@#<726).&4B)#"#& #
F)+).31&4B)B+V$3$+#$+.$%0$4$[+.%"-$"%'-$/&$[+'+/*&'+,$+7'"N'+LD'N$#[+$R.3"0'/,*+*+
-*&"N*+,$+#2'+.243"0'()*+/'+#$()*E
l!$/&%*+,*+$#.5%"&*+3"4$%'3+,'+b$N"#&'[+'+>$()*+/)*+12$%+,$"R'%+,$+.243"0'%+'#+
",="'#+,*+$#&2,"*#*+0'-'%','[+$-4*%'+'382-'#+,$3'#+#$j'-+'"/,'+,*+,*-5/"*+
,'#+$#.$023'(^$#+"/&$3$0&2'"#+*2+,'#+$R.$%"i/0"'#B+<3'#+#$%N$-[+0*/&2,*[+.'%'+
'3$%&'%+*#+$#.5%"&*#+,*#+12',%*#+.'%'+*#+.%*8%$##*#+,'+&=0/"0'Bo+GQ'%%$&*[+!V[+
XpFkE+FFqIB+
P+'%&"8*+,$+6$/'+Q'%%$&*[+$-4*%'+?*##$+&=0/"0*[+&$N$+12$#&^$#+3$N'/&','#+.$3*+
'2&*%+12'/&*+'*+2#*+,*+0'N'3*+*2+,*#+N$5023*#+-*&*%"]',*#E+l>$%`+398"0*+'/&$.*%+*+
0'N'3*+'*+-*&*%[+',-"&"/,*:#$+12$+$3$+&$/D'+$#0'.',*+,'#+'#?"R"'#+.$3*#+8'#$#+$+,'+
-*%&$ + .*% + -"3 + *2&%*# + "/0",$/&$#}o + GQ'%%$&*[ + XpFkE + FYXIB + M"/,' + ,$-*/#&%':#$ + 12$ + *+
,$#$/N*3N"-$/&* + $- + *2&%*# + $R=%0"&*# + G$- + $#.$0"'3 + /$#&$ + 0'#* + * + 4%"&u/"0*I + $%'+
'0*-.'/D',* + .$3*# + *?"0"'"# + 4%'#"3$"%*#E + l<- + &*,*# + *# + $R=%0"&*# + ',"'/&',*#[ + '+
-*&*%"]'()*+j`+$#&`+,$?"/"&"N'-$/&$+0*/#'8%','[+.%"/0".'3-$/&$[+/*+12$+#$+%$?$%$+'+2-'+
ZX
+<-4*%'+#$+%$3$N$+'12"+-'"#+*+,"#02%#*+$-+#"+,*+12$+'+%$'3+0*/,"()*+,'#+$#&%','#+4%'#"3$"%'#+/'+=.*0'[+
N'3$+%$##'3&'%[+'+/5N$3+,$+$R.3"0'()*[+12$+*+9%8)*+?$,$%'3+%$#.*/#`N$3+,"%$&'-$/&$+.$3'#+$#&%','#+,$+
%*,'8$-+#9+?*"+0%"',*+$-+XpCkB+M+.%"-$"%'+$#&%','+-*,$%/'[+'#?'3&','[+,*+Q%'#"3[+?*"+'+b"*+:+7$&%9.*3"#[+
'&2'3+Qb:WYWB+6$#-*+0*-+2-+9%8)*+.%9.%"*[+'+0*/#&%2()*+,$+$#&%','#+/)*+'N'/('N'[+,$N",*+a+4'"R'+
'2&*/*-"'+12$+$#&$+9%8)*+.*##25'+.'%'+&%'4'3D'%B+r##*+#$+%$#*3N$2+'.$/'#+$-+XpYZ[+12'/,*+*+j`+?*%-',*+
!V<b+%$0$4$2+'+'2&*/*-"'+/$0$##`%"'+.'%'+&'3B+
pX
8%'/,$ + .'%&$ + ,* + <R=%0"&*B + GBBBI + P# + <@M[ + b_##"'[ + e'.)*[ + A%'/('[ + r&`3"'[ + M3$-'/D'[+
<#.'/D'[ + 7*3x/"'[ + Q=38"0'[ + H0D$0* + <#3*N`12"'[ + b*-i/"'[ + |28*#3`N"'[ + >2=0"'[ + j`+
',*&'%'-+'+-*&*%"]'()*+/*#+#$2#+$R=%0"&*#[+2/#+$-+-'"*%[+*2&%*#+$-+-$/*%+$#0'3'o+
GQ'%%$&*[+!V[+XpFkE+FYX:FYCIB
6$/'+Q'%%$&*+'"/,'+0"&'+3"N%*#+$+'%&"8*#+.243"0',*#+#*4%$+*#+/*N*#+$R.$%"-$/&*#+
0*-+*#+0'%%*#+,$+0*-4'&$+GQ'%%$&*[+!V[+XpFkE+FYFIB+<3$+&'-4=-+'/'3"#'+*+2#*+,*#+
0'%%*#+/'+;2$%%'+,*+LD'0*+$+/'+M4"##5/"'+G<&"9."'Im+0*-$/&'+#*4%$+*+$#&',*+.%$0`%"*+,'#+
$#&%','#+4%'#"3$"%'#[+$+%$3'&'+#*4%$+'#+.%"-$"%'#+2&"3"]'(^$#+,$+2/",',$#+-*&*%"]','#+/*+
<R=%0"&*+Q%'#"3$"%*[+,2%'/&$+'+.$%#$82"()*+,$+b*/,*/+'*#+%$N*3&*#*#+&$/$/&"#&'#+,$+XpCY+
/*+7'%'/`[+$+.*#&$%"*%-$/&$+'+?*%-'()*+,'+.%"-$"%'+2/",',$+-*&*%"]','+,*+<R=%0"&*+$-+
0'%`&$%+$R.$%"-$/&'3[+$-+XpChZCB
<-+%$3'()*+a+'/&"8'+0'N'3'%"'[+6$/'+Q'%%$&*+,$?$/,$2+12$+'+-*&*%"]'()*+/)*+
"-.3"0'N'+/*+?"-+,*+o$#.5%"&*+0'N'3'%"'/*o+,*#+*?"0"'"#B+7$3*+0*/&%'%"*[+'2-$/&'%"'+'+
$?"0"i/0"'+$+2&"3",',$+,'+'%-'E+
lH'3 + *."/")* + '##$/&' + #"-.3$#-$/&$ + /' + %$'3",',$ + ,$ + /*##*# + ,"'#BBB + = + * + -$2+
$#.5%"&*+,$+0'N'3'%"'/*+12$+-$+3$N'+'+$/0'%'%+$##'+%$'3",',$B+<+=+0*-+8%'/,$+
.$#'%+12$+N$j*+.*20*+'+.*20*+,$#'.'%$0$%$-+'#+&%',"(^$#+83*%"*#'#+,'+'%-'+
12$+?*"+'+,*#+-$2#+D$%9"0*#+'/&$.'##',*#o+GQ'%%$&*[+!V[+XpFkE+FYhIB
6$/' + Q'%%$&*[ + #$/,* + *?"0"'3 + ,$ + 0'N'3'%"' + $ + '"/,' + *02.'/,* + 2- + .*#&*+
"/&$%-$,"`%"*+,'+0'%%$"%'+-"3"&'%[+,$-*/#&%*2+'+/$0$##",',$+,*#+*?"0"'"#+$-+#$+'&2'3"]'%+
$- + %$3'()* + a + #2' + '%-' + 0*-* + 8'%'/&"' + ,' + #*4%$N"Ni/0"' + ,$3$# + .%9.%"*# + 0*-*+
.%*?"##"*/'"#[+0*/,"]$/&$+0*-+*+,)("6)#3'+.&?-).4&*B+H'-4=-+,$-*/#&%*2+12$+.*##25'+
'"/,'+*+'.$8*+a#+&%',"(^$#+023&2%'"#+"/$%$/&$#+a+#2'+'%-'[+#'3"$/&'/,*+'+/$0$##",',$+,$+
#2' + -'/2&$/()* + O + *2 + ,$ + '* + -$/*# + .'%&$ + ,$3' + O + $- + ?'0$ + a# + -2,'/('# + &=0/"0'#[+
$N",$/0"'/,* + * + 0*/?3"&* + 023&2%'3 + $R"#&$/&$ + /' + &%'/#?*%-'()* + *%8'/"]'0"*/'3 + G,)("6)#
/%6+%.&6IB+
M+%$,'()*+,'+#$()*+/'+%$N"#&'+.$%-"&$+,$-*0%'&"0'-$/&$+*+,"%$"&*+,$+%$#.*#&'[+
12$ + .*% + N$]$# + N$- + /* + -$#-* + /_-$%*[ + $- + '%&"8*# + -$/*%$# + #$ + 0*-.'%',*# + '*# + ,'+
-$0'/"]'()*+$+$R'3&'/,*+'#+&%',"(^$#+,'+0'N'3'%"'+&%',"0"*/'3B+L*-*+$R$-.3*[+&$-*#+
2-+'%&"8*+,*+0'."&)*+S'3-"%+,$+M%'%".$+b'-*#[+3'/(',*+.*20*+,$.*"#+'*+,$+6$/'+
ZC
+@-'+4'&$%"'+,$+L'/D^$#+,$+XZZ+--[+','.&',*#+'+2-+&%'&*%+G!V[+XpFkE+FYZIB+b$&*%/'/,*+'*+,"?$%$/0"'3+
$/&%$+-*&*%"]'()*+$+-$0'/"]'()*[+3$-4%'-*#+12$+$#&$#+,*"#+$R$-.3*#+0"&',*#+/*+'%&"8*+,$+6$/'+Q'%%$&*+
#)*+$R$-.3*#+,$+-*&*%"]'()*+,$+2/",',$#[+/)*+,$+-$0'/"]'()*[+,'+12'3+?']$-+.'%&$+*#+0'%%*#+,$+0*-4'&$+
GN",$+/*&'+/'+.`8B+XF+,$#&$+&%'4'3D*[+'+%$#.$"&*+,'#+,"?$%$/('#+$/&%$+-*&*%"]'()*+$+-$0'/"]'()*IB
pC
Q'%%$&*[+12$+"%*/"]'+'+,"#02##)*+$R"#&$/&$+,$/&%*+,'+'%-'[+%$##'3&'/,*+*#+'%82-$/&*#+,$+
'-4*#+*#+3',*#E+
l<2+12$%*+N$%[+,"]$-+2/#[+/'+D*%'+\[+12'/,*+*+-*&*%+?'3D'%[+12'/,*+*#+0'%%*#+
$+0'-"/D^$#+?"0'%$-+'&*3',*#+/'#+$#&%','#[+#$+/)*+=+*+0'N'3*+12$+"%`+%$#*3N$%+*+
.%*43$-'B+O+V)*+#$+.*,$+',-"&"%[+0*/#",$%'-+*2&%*#[+12$+/)*+#$+'N'/0$+0*-+'+
0"N"3"]'()*E+/"/82=-+N'"+-'%0D'%+'+0'N'3*+12'/,*+#$+&$-+*+'2&*-9N$3+GBBBI[+
0'.']+,$+'/,'%+$-+12'312$%+&$%%$/*B+O+V'+<2%*.'+=+.*##5N$3+'+-*&*%"]'()*+GBBBIB+
T`+D`+4*'#+$#&%','#+GBBBIB+!$.*"#[+/9#+/)*+&$-*#+*+.$&%93$*BBBo+Gb'-*#[+!V[+
XpFqE+Cpk:CpqIB+
<#&$+*?"0"'3+'"/,'+'N"#'E+
P+?'&*+=+12$+'&=+'8*%'+'"/,'+/)*+D*2N$+2-'+#*32()*+12$+#'&"#?"]$##$+'#+,2'#+
*."/"^$#+$-+0*/#&'/&$+0D*12$+GBBBIBBB2-+j*N$-+&$/$/&$+%$#*3N$+*+.%*43$-'+0*-+
?'0"3",',$+,$+.'#-'%E+?'3'+#*4%$+*+0'-4"*BBB8%'/,$#+0'."&'"#[+$R.3*%'+*+#24#*3*[+
0*/#&%9" + $#&%','# + ,$ + ?$%%*[ + .%*,2] + '(*BBB* + .$&%93$* + j*%%'BBB?2/,' + ?'4%"0'# + ,$+
'%-'#+$+'N"^$#[+$+*+<#&',*+6'"*%+,*+<R=%0"&*+*%"$/&'/,*+&2,*+"##*BBB+{#+N$]$#+'+
8$/&$+?"0'+.$/#'/,*+#$+&2,*+"##*+.*##'+#$+%$'3"]'%+2-+,"'[+$+4$-+,"]+*+$#.5%"&*+
*&"-"#&'+,*#+/*##*#+*?"0"'"#+12$+'##"-+.$/#'-+$[+%$]'+.'%'+12$+#$+0*/#$%N$-+
#$-.%$ + 0*- + $##'# + ",="'# + '&= + ' + ",',$ + ,$ + .*,$%$- + #$% + 0D$?$# + ,* + $R=%0"&*BBB+
Gb'-*#[++!V[+XpFqE+CpqIB
P2&%*+'2&*%+0*/#&'/&$+,$+'%&"8*#+,$#&$+&$-'+$%'+*+&$/$/&$+@-4$%&*+7$%$8%"/*+
>$'4%'+A'82/,$#[+0'N'3'%"'/*[+%$0=-+#'5,*+,'+<#0*3'+,$+b$'3$/8*[+12$+j`+$%'+%$,'&*%+,'+
%$N"#&'[+/'+`%$'+,$+3"&$%'&2%'+$-+8$%'3B+@-4$%&*+7$%$8%"/*+#$+&*%/'+2-+,*#+.%"-$"%*#+
,$?$/#*%$# + ,' + -*,$%/"]'()* + ,' + '%-'[ + .%*N'N$3-$/&$ + ,$N",* + '* + 0*/&'&* + 0*- + 7'"N'+
LD'N$#B+M##"/'+'382/#+'%&"8*#+'+%$#.$"&*+,'#+-2,'/('#+12$+"'-+*0*%%$/,*+/'+0'N'3'%"'[+
$+,$?$/,$+'+-*,$%/"]'()*+,$3'+/*+<QB
M# + .243"0'(^$# + #*4%$ + ' + -$0'/"]'()* + '2-$/&'%'- + 0*/?*%-$ + #$ + ?*%-'N' + *+
<#12',%)*+,$+'2&*:-$&%'3D',*%'#+G<#1MMI[+0*-'/,',*+.*%+7'"N'+LD'N$#+$+*/,$+?*%'-+
#$%N"%+@-4$%&*+7$%$8%"/*+$+'382/#+*2&%*#+*?"0"'"#+12$+$#0%$N"'-+'%&"8*#+,*+-$#-*+&$-'+
/'+%$N"#&'[+0*-*+6*'0f%+7*&f82'%'B+6'#+$-+XpFp+#2%8"'+2-'+/*N'+#$()*+/'+%$N"#&'[+
,$#"8/','+.'%'+'+-*&*%"]'()*+$-+8$%'3[+,$N",*+a+12'/&",',$+,$+'%&"8*#+12$+j`+$#&'N'-+
#$/,*+.243"0',*#+'+%$#.$"&*+,$#&$+&$-'B
pF
P#+'%&"8*#+#)*+%$3'0"*/',*#+'*+%$0=-+?*%-',*+<#12',%)*[+$-+#2'+-'"*%"'B+>)*+
%$3'&*#+'+%$#.$"&*+,*+-'&$%"'3+2&"3"]',*+O+*#+0'%%*#+@'*&6()+O+*2+,'+%*&"/'+,'+$#0*3'+G!V[+
XpFqE+FXpB+XpFpE+hFXm+hFZIB+@-'+/*N'+%$?*%-23'()*+,'+%$N"#&' +@#="-"*&#E&/3)'&6[+'+
.'%&"%+,$+XpYW[+$R&"/82$+'#+,"N"#^$#+.*%+'%-'+.'%'+*#+'%&"8*#B+<3$#+.'##'%'-+'+N"%+#$-+
",$/&"?"0'()* + ,' + '%-' + ' + 12'3 + #$ + ,$#&"/'- + $ + &'-4=- + #$- + ",$/&"?"0'% + ' + '%-' + ' + 12'3+
.$%&$/0$+*+'2&*%+,*+'%&"8*B
M+.'%&"%+,*+"/50"* +,'+rr+;2$%%'+62/,"'3[ +*+,$4'&$ +&*-' +*2&%*+%2-*B +P+4$-+
#20$,",*+2#*+*?$/#"N*+,*#+0'%%*#+,$+0*-4'&$+.$3'+M3$-'/D'+'*+"/N',"%+'+7*3x/"'[+$-+
XpFp[ + $ + /' + A%'/('[ + $- + XpYW[ + &"%' + ,*# + *?"0"'"# + ?'N*%`N$"# + '* + 2#* + ,* + 0'N'3* + .'%&$+
"-.*%&'/&$+,*#+#$2#+'%82-$/&*#B+P#+,$?$/#*%$#+,'+-*,$%/"]'()*+'8*%'+&i-+'#+.%*N'#+
,'+$?"0"i/0"'+,*#+0'%%*#+,$+0*-4'&$B+P+,$4'&$+$/&)*+#$+?*0'+/'+#"&2'()*+4%'#"3$"%'[+$-+
0*-*+-*&*%"]'%+'+0'N'3'%"'+,*+<Q+$-+?'0$+,*#+%$02%#*#+,"#.*/5N$"#+$+,'+*?"0"'3",',$+
'"/,'+&%$"/','+/*+N$3D*+$#&"3*+,$+0*-4'&$%[+$+.'##'+'+#$%+"/0$/&"N',*+.$3*#+0*-'/,'/&$#+
,'+'%-'B
<-+XpYX+*+'/&"8*+0*-'/,'/&$+,'+L*-.'/D"'+,$+L'%%*#+,$+M##'3&*[+e*#=+7$##*'[+
$%' + 8$/$%'3 + $ + "/#.$&*% + ,' + '%-' + ,$ + 0'N'3'%"'B + L*/,2]"2:#$ + #*4 + #2' + ,"%$()* + 2-'+
0*/?$%i/0"'+'+%$#.$"&*+,'+cL'N'3'%"'+6*,$%/'d+/'+r/#.$&*%"'[+*/,$+.'3$#&%'%'-+*?"0"'"#+
,'#+,2'#+3"/D'#+,$+?*%-'()*+&=0/"0'+,'+'%-'B+!*+3',*+,'+-*&*:-$0'/"]'()*[+#*4+*+
&"&23*+@#,)+),"/&'31&4B)#"#&#;&C&6&.3&[+.'3$#&%*2+*+H$/$/&$+@-4$%&*+7$%$8%"/*[+0*-*+
$R:"/#&%2&*%+,*+Lr66B+M/'3"#'/,*+*+.'.$3+,'+0'N'3'%"'+&%',"0"*/'3[+.'3$#&%*2+*+0'."&)*+
\28* + ;'%%'#&']2[ + ,$ + &"&23* +@6:%'* # 2.)K6",&* # (& # ;&C&6&.3& # ", # -&/" # () # ,&+".3&6 #
,)(".')B
M# +,2'# +.'3$#&%'#[ + 12$ +?*%'- + .*#&$%"*%-$/&$ +.243"0','# +/' + %$N"#&' +@ #="-"*&#
E&/3)'&6cb[+,$-*/#&%'-+12$+*+,$4'&$+.'%$0"'+0D$8'%+'+2-+-$"*+&$%-*E+'#+?*%-'(^$#+,$+
0'N'3'%"'+-"#&'E+
V)*+0'4$+'12"+?"R'%+3"-"&$#+/$-+'.*/&'%+0'-"/D*#B+<-+&*,*+0'#*[+2-'+0*"#'+
&$/D*+0*-*+0$%&'E+M+L'N'3'%"'+6"#&'+=+'+/*##'+#*32()*B+GBBBI+P+-*&*%+$#&`+3*/8$+
,$+#$%+2-+0*/0*%%$/&$ +,*+0'N'3*B +<+/*+Q%'#"3[+0*-*+$-+/$/D2-' +.'%&$[+*+
0'N'3*+$+*+-*&*%+/)*+#$+$R032$-B+M/&$#[+#$+0*-.3$&'-B+GBBBI+V)*+$#&'-*#+-'"#+
,"'/&$+,$+2-+.%*43$-'+,"#02&5N$3[+-'#+,$+2-+?'&*+0*/#2-',*B+G7$%$8%"/*[+!V[+
XpYXE+FFpI+++
ZF
+!V[+XpYXE+CCpm+FXpB+
pY
Q2#0'-*#[ + .*"#[ + * + -$"* + &$%-*B + GBBBI + M + L'N'3'%"' + Q%'#"3$"%'[ + 0"*#' + ,$ + #2'#+
&%',"(^$#[+%$0$4$%`+,$+4%'(*#+'4$%&*#+-'"#+$##'+'-.3"'()*B+GBBBI+>$%`+'+-$#-'+
0'N'3'%"'+,$+&*,*#+*#+&$-.*#[+.$3*+.'.$3+'+,$#$-.$/D'%[+.*%+&2,*[+#9+*#+-$"*#+
N'%"'%)*BBB+>$1yi/0"'+/'&2%'3[+'.$/'#+2-'+12$#&)*+,$+','.&'()*[+?'023,',$+12$+
&$-+'##$82%',*+'+N",'+,'+0'N'3'%"'B+G;'%%'#&']2[+!V[+XpYXEXWWZI+
M+L'N'3'%"'+6"#&'+'0'4*2+#$/,*+'+#*32()*+N"`N$3+,$N",*+a+?'3&'+,$+%$02%#*#+,*+
<Q+.'%'+-*&*%"]'%+&*,'+'+'%-'B+P+.%*0$##*+,$+-*,$%/"]'()*+j`+D'N"'+#$+"/"0"',*+0*-+'+
?*%-'()*+,*+Lr66B+L*-+*+&$-.*[+'+&%'/#?*%-'()*+:+#$82"/,*+*+02%#*+",$'3+,*+-*,$3*+
3'+.&#N#-).4&*+ :+,"?2/,"%"'+$/&%$+*#+*?"0"'"# +,'+'%-'+*#+/*N*#+-$"*#B+P#+*?"0"'"# +,*+
-*,$3* + 0'N'3'%"'/* + &%',"0"*/'3[ + %$0$*#*# + ,$ + 12$ + #2'# + 0'%%$"%'# + .%*?"##"*/'"# + $ + '#+
&%',"(^$#+"/$%$/&$#+'+#2'+'%-'+$#&"N$##$-+'-$'(','#+.$3*+$3$-$/&*+-*&*%"]',*+O+#$2+
-*,*+,$+N",'+O+"-.2#$%'-+4'%%$"%'#+a+-2,'/('[+-'#+'0'4'%'-+N$/0",*#[+'*+.$%0$4$%+
12$+#$2+-=&*,*+*.$%'0"*/'3+#$+&*%/*2+*4#*3$&*[+0*-+*+"/50"*+,'+rr+;2$%%'+62/,"'3B+
M+,"#.2&'+$/&%$+*#+8%2.*#+.$%-'/$0$%"'+'"/,'+$-+-$"*+a+rr+;2$%%'+62/,"'3B+
M"/,' + D`[ + $- + XpYX[ + -'"# + '%&"8*# + #*4%$ + * + 2#* + ,* + 0'N'3* ZYB + V* + $/&'/&*[ + #)* + '%&"8*#+
N*3&',*# + '* + &$*% + &=0/"0*[ + $ + ,$-*/#&%'/,* + 12$ + ' + 0'N'3'%"' + D".*-9N$3 + #$ + &*%/'N' + '+
$R0$()*[ + $ + /)* + ' + %$8%'[ + /'# + '(^$# + ,$ + 0*-4'&$ + -*,$%/'#B + P# + 0'%%*# + ,$ + 0*-4'&$+
*02.'%'-+'#+?2/(^$#+*.$%'0"*/'"#+,'+0'N'3'%"'+&%',"0"*/'3[+,$+0D*12$+$+-*N"-$/&*+,'#+
?*%('#+.%"/0".'"#+,*#+$R=%0"&*#+$-+0*/?3"&*+G0*-+*#+,$-'"#+$3$-$/&*#+-$0'/"]',*#+,'#+
*2&%'#+'%-'#IB+++
P#+'%&"8*#+/'+="-"*&#E&/3)'&6+%$,"8",*#+.*%+*?"0"'"#+,'+0'N'3'%"'+.'##'-+-$/*#+
'+,$?$/,$%+*+2#*+,*#+'/"-'"#[+$+-'"#+*+c$#.5%"&*d+,'+'%-'+0*-*+$3$-$/&*+"-.*%&'/&$+
.'%'+*+<R=%0"&*[+,$-*/#&%'/,*+12$+'+?*%-'()*+,'+L'N'3'%"'+6"#&'+#$+&*%/*2+'0$"&`N$3+
.$3*# + *?"0"'"# + 0'N'3'%"'/*#B + V* + '%&"8* + $#0%"&* + .$3* + H$/$/&$ + 6*'0f% + b"4$"%* + L*$3D*[+
3$-*#+*+#$82"/&$+&%$0D*E
e` + * + &$- + ,"&* + N`%"*# + -$#&%$# + ,' + 0'N'3'%"' + 4%'#"3$"%' + /' + '&2'3",',$[ + ' + -*&*+
-$0'/"]'()*+N"%`[+.$3*+-$/*#+/*+-*-$/&*+'&2'3+,*+/*##*+.'5#[+0**.$%'%+.'%'+*+
.*,$%"*+,'+M%-'+'3*/8'/,*:3D$+*+%'"*+,$+'()*+$+.$%-"&"/,*+8%'/,$+-*4"3",',$+
0*- + -'"*% + .*&$/0"' + ,$ + ?*8*#B + L*/&"/2$-*# + #$- + .%$0"."&'(^$# + /$-+
,$#?'3$0"-$/&*#+'+*4%'+,'12$3$#+12$+/*#+.%*0$,$%'-+/'#+?'3'/8$#+D$%9"0'#+$+
12$+#*24$%'-+','.&'%+'+M%-'+'+0','+/*N*+'#.$0&*+,*+0*-4'&$[BBB+.*%12$+*+
$#.5%"&*+,'+0'N'3'%"'+$#&`+/*+'%%*j*+,'+42#0'+.*%+"/?*%-'(^$#[+/*+#2.%$-*+%"#0*+
,$+0'%%$8'%+4%2&'3-$/&$+#*4%$+*+',N$%#`%"*+O+"##*+*+0'N'3'%"'/*+D`+,$+?']i:3*+
ZY
+!V[+XpYWE+kWZB+XpYXE+XpkB+
pZ
#$-.%$[ + 12$% + -*/&$ + 2- + 0*%0$3 + ?*8*#* + *2 + ,"%"j' + 2- + -*/#&%* + ,$ + '(*+
%$#?*3$8'/&$‚+L%$"'-*#+/'+L'N'3'%"'+&'3+0*-*+'+.*##25-*#+D*j$m+,$#$j$-*:3'+$+
'+$,"?"12$-*#+/*+?2&2%*[+.*,$%*#'[+-*&*%"]','+$+-$0'/"]','[+12$+'#+-$#-'#+
#$%)* + '# + #2'# + 0'%'0&$%5#&"0'# + $ + -"##^$# + $##$/0"'"# + $ + * + -$#-* + $#.5%"&* + ,$+
,$,"0'()*+$+'%%*j*+12$+'&%'N=#+,*#+#=023*#+#2#&$/&*2+*+#'4%$+,*+0'N'3'%"'/*[+D`+
,$ + '0*-.'/D`:3* + .'%' + * + "/&$%"*% + ,*# + 0'%%*# + ,$ + 0*-4'&$‚ + M0"-' + ,$ + &2,*[+
0*/?"$-*#[+.*%12$+*+$#.5%"&*+,'+0'N'3'%"'+=+$&$%/*‚+GL*$3D*[+!V[+XpYWE+XpkI
++++++
P#+*?"0"'"#+&%',"0"*/'3"#&'#+0*-$('%'-+'+'0$"&'%+'+&%'/#?*%-'()*+,'+#2'+M%-'[+
','.&'/,*+#2'+023&2%'+$+N'3*%$#+&%',"0"*/'"#+'*#+/*N*#+-=&*,*#B+M+-'/2&$/()*+.'%0"'3+
,'+023&2%'+,'+L'N'3'%"'+%$,2]"2+'#+"/0$%&$]'#+,$##$#+*?"0"'"#+?%$/&$+a#+-2,'/('# +12$+
.*,$%"'-+*0*%%$%+$-+#2'+.%*?"##)*B+H'-4=-+0*-+'+?*%-'()*+,'+L'N'3'%"'+6"#&'[+'"/,'+
D'N$%"'+,$/&%*+,'+*%8'/"]'()*+-"3"&'%+$#.'(*+.'%'+12$+'#+0'%%$"%'#+,*#+,*"#+8%2.*#+,$+
*?"0"'"#+.2,$##$-+#$+,$#$/N*3N$%+.3$/'-$/&$B
<##'+#*32()*+,$N$%"'+.$%-"&"%+2-'+&%'/#?*%-'()*+8%',2'3+,'+*%8'/"]'()*+-"3"&'%[+
*/,$+'+*?"0"'3",',$+&%',"0"*/'3+0'N'3'%"'/'+#$%"'+3$/&'-$/&$+#24#&"&25,'+.*%+*?"0"'"#+,$+
.$/#'-$/&*+-*,$%/*[+-$3D*%+','.&',*+a+82$%%'+-$0'/"]','+12$+#2%8"'[+$+-'"#+0'.']$#+
,$+0*-.%$$/,$%+'+c/*N'+&$*%"'+,'+N"&9%"'d+12$+#$%"'+2&"3"]','+.$3*#+$R=%0"&*#+-*,$%/*#+
,'+rr+;2$%%'+62/,"'3B+++++
VZU5(H*OLMHLLOg*H*Hnb]Ti]M^H:*/*#]^M^S*TH*.OKMO^KH*+HLO
L*-+ '+$/&%',' + ,*+Q%'#"3 + /'+;2$%%'+ 0*/&%' +*# +M3$-)$#[ + '4%"2:#$+ '*+Q%'#"3 + '+
*.*%&2/",',$+,$+',12"%"%+$12".'-$/&*+-"3"&'%+$#&',2/",$/#$[+'&%'N=#+,*+#"#&$-'+R"'(?
6"&*"ccB+M+.'%&"%+,$+XpYF[+0D$8'N'-+'*+Q%'#"3+*#+0'%%*#+,$+0*-4'&$+,*#+<@MB+K$5023*#+
,$+&'-'/D* +-=,"*[ +0*-* +*# +6F+T$$U;%'/& +$+6Y+>D$%-'/[ +12$+$%'-+*#+.%"/0".'"#+
N$5023*# +43"/,',*# +,*#+<@M+/'+82$%%'+/'+<2%*.'[+?*%'-+,$#$-4'%0',*# +/*+b"*+,$+
e'/$"%*B+<-+XpYX[+j`+D'N"'-+0D$8',*+*#+.%"-$"%*#+0'%%*#+,$+0*-4'&$+3$N$#[+*#+6FMX+
>&2'%&B + e2/&* + 0*- + *# + 0'%%*# + ,$ + 0*-4'&$ + -=,"*# + $ + 3$N$#[ + 0D$8'%'- + &'-4=- + *2&%*#+
N$5023*#+-$0'/"]',*#[+0*-*+&%'/#.*%&$#+,$+&%*.'+43"/,',*#+$+0'%%*#+,$+%$0*/D$0"-$/&*+
GQ'#&*#[+CWXXE+XWCB+M3N$#[+XphYE+FphIB
ZZ
+R"'(?R"&*"+?*"+*+.%*8%'-'+,$+'2R53"*+,*#+<#&',*#+@/",*#+'*#+.'5#$#+'3"',*#+12$+$#&'N'-+$-+82$%%'+
0*-+M3$-'/D'+$+e'.)*[+0%"',*+$-+XpYXB+L*/#"#&"'+$-+2-'+3"/D'+,$+0%=,"&*+12$+$%'+2#','+.'%'+'%%$/,'%+
$12".'-$/&*+-"3"&'%+.%*,2]",*+/*#+<@MB+M&%'N=#+,$##$+.%*8%'-'+*+8*N$%/*+Q%'#"3$"%*+$12".*2+'#+&%*.'#+
,'+A<Q[+12$+32&'%'-+/'+r&`3"'[+$+.*#&$%"*%-$/&$+*+%$#&'/&$+,*+<R=%0"&*B+
ph
M+0D$8','+,$+&*,*+$#&$+$12".'-$/&*[+$-+12'/&",',$+-2"&*+#2.$%"*%+a+'12"#"()*+
'/&$%"*%+,*+<R=%0"&*+Q%'#"3$"%*+G$-+0*-.'%'()*+'*# +@'*&6()0+ 12$+$%'-+CF[+0D$8'%'-+
XWY+0'%%*# +6F[+ZF+0'%%*#+6Y+$+FYZ+6FMX[+'&=+XpYZGQ'#&*#[+CWXXE+XWCII[+$+?*%'-+
$#.'3D',*# + $/&%$ + N`%"'# + 2/",',$# + -"3"&'%$#[ + ,' + "/?'/&'%"' + $ + 0'N'3'%"'B + P + .%*j$&* + ,'+
;&C&6&.3&#F3*+&+?*"+#24#&"&25,*+.$3'+?*%-'()*+,'+=3C3*B)#^63'(&(&[+#$82/,*+*+-*,$3*+
$#&',2/",$/#$[ + 12$ + &$N$ + #$2 + /_03$* + *%8'/"]'0"*/'3 + ?*%-',* + $- + XpYh[ + -'# + #9 + #$+
0*-.3$&*2+$-+XpZk+GQ'#&*#[+CWXXE+XXkB+M3N$#[+XphYE+FphIB+
pk
W52/"2,!'7/
lS'%[+'/,+S'%?'%$[+D'#+'/+$/,2%"/8[+2/0D'/8"/8+/'&2%$[+42&+
'+D"8D3f+N'%"'43$+0D'%'0&$%Bo
L*3"/+>B+;%'f
V*+,$0*%%$%+,*+23&"-*+0'.5&23*[+'/'3"#*2:#$+*#+.%*0$##*#+,$+&%'/#?*%-'()*+,'+
*%8'/"]'()*+-"3"&'%+G*+<QI+/'#+,2'#+.%"-$"%'#+?'#$#+,$+"/032#)*+,*#+0'%%*#+,$+0*-4'&$B+
L*-*+%$#23&',*#+,'+'/`3"#$[+.*,$-:#$+&"%'%+'#+0*/032#^$#+'4'"R*B+
WZ@5*2bI_bKH*/KaH]^gHM^S]HI*O*#]SJHchS:*.OM]`\^ISL*O*_OM]`\SnSL*
@&"3"]'/,* + '# + $R.%$##^$# + 02/D','# + .*% + <3"*& + L*D$/ + GCWXWE + XYCI[ + .*,$:#$+
$/&$/,$%+0*-*+#$+,"N","2+'+*?"0"'3",',$+,*+$R=%0"&*[+$-+$#.$0"'3+/'+'%-'+,$+0'N'3'%"'[+
$-+?'0$+,'+/*N'+&$0/*3*8"' +12$+#$+"/#$%"'B+>$+.*%+2-+3',*+D'N"' +*# +,$?$/#*%$#+,'+
-*,$%/"]'()*[+$+#*/D',*%$#+,*+,$#$/N*3N"-$/&*+4%'#"3$"%*[+.*%+*2&%*+D'N"'+'12$3$#+12$+
'+N"'-+0*-*+'38*+,$#/$0$##`%"*[+"/'.%*.%"',*+a+#"&2'()*+,*+Q%'#"3+/*+.$%5*,*B+
M3=-+,$+2-+$-4'&$+$/&%$+8%2.*#+?'N*%`N$"#+$+,$#?'N*%`N$"#+a+&$0/*3*8"'[+$3$+
&'-4=-+$%'+2-'+,"#.2&'+$/&%$+*?"0"'"#+2&*."#&'#+$+*?"0"'"#+.%'8-`&"0*#B+M+,"#.2&'+.*,"'[+
&'-4=-[ +$#&'%+"/#$%",'+/'+*."/")*+.*35&"0' +,'+*?"0"'3",',$[ +$/&%$ +*# +12$+'.*"'N'-+'+
.*35&"0'+,$#$/N*3N"-$/&"#&'+,*+;*N$%/*+K'%8'#+$+*#+12$+$%'-+*.*#"0"*/"#&'# +*2[+/*+
-5/"-*[ +'.*35&"0*#B +7'%'+0*%%*4*%'%+$##'+D".9&$#$[ +/*+$/&'/&*[ +#$%"'+/$0$##`%"'+*2&%'+
.$#12"#'B
M+%$#.$"&*+,'+N"#)*+,*+<R=%0"&*+0*-*+2-'+?*%('+_/"0'+$-+.$/#'-$/&*+$+'(^$#[+
$-+$#.$0"'3 +$-+%$3'()* +'+-$3D*%"'# +$- +#2'# +0*/,"(^$# +$+$12".'-$/&*[ +*# +-*,$3*#+
2&"3"]',*# + .'%' + $/&$/,$% + * + .%*0$##* + ,$ + "/*N'()* + #$ + 4'#$"'- + /* + 0*/0$"&* + ,$ + 12$ + '#+
*%8'/"]'(^$#+-"3"&'%$#+/)*+#)*+2-+8%2.*+D*-*8i/$*[+-'#+-"%5',$#+,$+8%2.*#+-$/*%$#+
,$+.%*?"##"*/'"#+,"#.2&'/,*+*+.*,$%+,$/&%*+,$3'#[+$+,$#$j*#'#+,$+12$+*+,)(%*#)2".&'(3#
G$+&'-4=-+*+,)(%*#C3C"'(3I+,$+#2'+$#.$0"'3"]'()*+/)*+#$j'+-*,"?"0',*B
7$%0$4$:#$ + ' + ?*%(' + ,'# + &%',"(^$# + ,$/&%* + ,' + *%8'/"]'()* + -"3"&'%B + P + '.$8*+
$-*0"*/',* + ,$ + 2- + 8%2.* + ' + 2-' + &%',"()* + .*,$ + #$% + 2- + ?'&*% + ,$ + $R&%$-* + %"#0* + a+
*%8'/"]'()* + ' + .'%&"% + ,* + -*-$/&* + $- + 12$ + $3$ + #$ + *.^$ + ' + -2,'/('# + &$0/*398"0'# + $+
*.$%'0"*/'"#+12$+.*##'-+-$3D*%'%+'+$?"0"i/0"'+,$+#2'#+?2/(^$#B+
pq
M+42#0'+.*%+.%*?"##"*/'3"#-*+$+-*,$%/"]'()*+#$+&*%/*2+,"#02%#*+$/%'"]',*+/*+
<R=%0"&*+Q%'#"3$"%*+,$#,$+*+?"-+,*+#=023*+vrv[+$+0*/?*%-$+*#+0*-'/,'/&$#+$+8$%'(^$#+
,$+*?"0"'"#+?*%'-+#$+#20$,$/,*[+$##'+42#0'+#$+&*%/*2+.'%&$+,*#+N'3*%$#+,$3'B+<-4*%'+
&$/D'+#$+&*%/',*+2-+*4j$&"N*+0*-2-+'+&*,*#+*#+-$-4%*#[+=+0*/&%'#&'/&$+.$%0$4$%+12$+*+
",$'3+,$+-*,$%/"]'()*+/)*+0D$8'+'+'?$&'%+,$&$%-"/',*#+8%2.*#+,'+?*%('[+'"/,'+'.$8',*#+
'*+",$'3+&%',"0"*/'3[+-$#-*+12$+$#&$+#$+%$N$3$+*4#*3$&*B
L*/?"%-'/,* + * + -*,$3* +3'+.&?-).4&*[ + Ni:#$ + 12$ + ' + 0*/&"/2",',$ + ,' + "/*N'()*+
#$82"2+',"'/&$[+/'+#$82/,'+?'#$+,'+"/032#)*+,*#+0'%%*#+,$+0*-4'&$[+12'/,*+'382/#+,*#+
j*N$/#+*?"0"'"#[+j`+$-+.*#&*#+D"$%`%12"0*#+#2.$%"*%$#[+'##2-"%'-+0'%8*#+,$+"-.*%&u/0"'[+
0D$8'/,*+'*# +/5N$"# +-'"# +'3&*# +,'+*%8'/"]'()*B +n+*+'N'3 +?"/'3 +,*+0*-'/,* +#*4%$+'+
"/*N'()*[+0*/?"%-'/,*+#$2#+%$#23&',*#B
7'"N'+LD'N$#[+'##"-+0*-*+*2&%*#+*?"0"'"#+12$+&'-4=-+#$%N"%'-+/*+<#1MM++*2+
/* + Lr66 + &'-4=- + '&"/8"%'- + .*#&*# + '3&*# + /' + *%8'/"]'()*B + 7$%$8%"/*[ + 7*&f82'%'[+
Q$&D3$-+$+*2&%*#+*?"0"'"#+'&"/8"%'-+*+8$/$%'3'&*+/'#+,=0','#+#24#$1y$/&$#B++++++++++
P + 0'#* + $#&2,',* + ?*" + 2- + 4*- + $R$-.3* + .'%' + ,$-*/#&%'% + ' + "-.*%&u/0"' + ,'+
&%'/#?*%-'()*+,'+/%6+%.&#).:&'31&/3)'&6+.'%'+%$'3"]'%+'+"/*N'()*B+P+&$-.*+12$+3$N*2+*+
0*/0$"&*+,'+-$0'/"]'()*+.'%'+8'/D'%+',$.&*#+,$/&%*+,*#+12',%*#+,*+$R=%0"&*[+$+-'"#+
&$-.* + '"/,' + .'%' + 12$ + $#&$# + ',$.&*# + %$0$4$##$- + '.*"* + ,$ + #$2# + #2.$%"*%$# + $+
0*/#$1y$/&$-$/&$ +'+0D'/0$ +,$+&$#&'% +#2'# +",="'#[ +,$-*/#&%' +12)*+3*/8*+.*,$+#$%+*+
.%*0$##*+,$+&%'/#?*%-'()*+,'+*%8'/"]'()*+$-+&$-.*+,$+.'][+0*-*+'?"%-'%'-+A'%%$33+
GCWWCE+qI+$+b*#$/+GXppXE+CWIB+
WZB5/*q-HJOK^Mrs
P+-*,$3*+,$+b*#$/+&'-4=-+.*##"4"3"&*2+'/'3"#'%+'+12$#&)*+,*+c6'N$%"0td[+*+
*?"0"'3+12$+',N*8'+'+"/*N'()*+-$#-*+#$+*.*/,*+'*+12$+'+*%8'/"]'()*+-"3"&'%+0*/#",$%'+
0*-* + /$0$##`%"*B + P4#$%N'/,* + '# + ,2'# + ?'#$# + ,$ + &$/&'&"N' + ,$ + "/032#)*[ + .$%0$4$:#$ + '+
"-.*%&u/0"'+12$+*+0*-'/,*+,'+*%8'/"]'()*+.*##2"+#*4%$+*+.%*0$##*+,$+&%'/#?*%-'()*B+
V'+.%"-$"%'+?'#$[+*+$#?*%(*+$+,$,"0'()*+$-+&%$"/'%+$+-'/&$%+'+2/",',$+,$+0'%%*#+
,$+0*-4'&$+%$'3"]',*+.$3*+0'."&)*+e*#=+7$##*'[+_/"0*+*?"0"'3+&%$"/',*+$+0*/D$0$,*%+,'+
/*N'+'%-'+/*+<R=%0"&*[+/)*+?*"+#2?"0"$/&$+.'%'+12$+'+*%8'/"]'()*+'.*"'##$+'+"/*N'()*[+
%$#23&'/,*+/*+,$#-'/0D$+,$3'+&$-.*# +'.9#+'+#'5,'+,$+7$##*'[+12$+/)*+%$?2&*2+/$-+
$/?%$/&*2+'+*%8'/"]'()*+.'%'+"/0$/&"N'%+'+?*%-'()*+,$+-'"#+2/",',$#+43"/,','#+GT*2%*[+
CWWqE+FFIB+
pp
M+?*%-'()*+,'+2/",',$+D'N"'+#",*+0*/,2]",'+$R&$%/'-$/&$[+,$+-'/$"%'+"-.*#&'+
a+*%8'/"]'()*+.$3*#+?%'/0$#$#[+#$-+.3'/$j'-$/&*+,'+-$#-'[+$+/)*+'&%'5%'-+*+"/&$%$##$+
,*# + ,$-'"# + .%*?"##"*/'"# + -"3"&'%$# + $- + '.%$/,$% + #*4%$ + ' + "/*N'()* + 0*- + 7$##*'[ + .'%'+
0*/,2]":3'B+V)*+#$+.$/#*2+/'+?*%-'()*+,$+2-'+2/",',$:$#0*3'+*2+,$+2-+0$/&%*+,$+
"/#&%2()*+.'%'+?']$%+0*-+12$+*+.%*0$##*+#$82"##$+',"'/&$B+
P+.%*0$##*+,'+#$82/,'+?'#$+#$82"2+*2&%*+0'-"/D*B+M+0*-$('%+.$3'+?*%-'()*+,'+
*"4B) # (" # ,)+),"/&'31&4B)+ /* + <6<[ + 0*- + ' + "/?32i/0"' + ,' + 66A[ + '&= + ' + 0%"'()* + ,*+
Lr66[+D*2N$+$#&2,*#+$+.3'/$j'-$/&*+#*4%$+'+'12"#"()*+$+&%$"/'-$/&*+,*#+0'%%*#+,$+
0*-4'&$B+L*/?*%-$+$#&$#+#$+,$#$/N*3N"'-+"/#&"&20"*/'3-$/&$+'-.'%',*#+.$3*+0*-'/,*+
,'+*%8'/"]'()*[+'+*?"0"'3",',$+,$#.$%&'N'+.'%'+*+,$4'&$+'+%$#.$"&*+,'+-*,$%/"]'()*B++
>$-.%$ +$#0*%',*+.$3*+<6<[+*+0'."&)* +7'"N'+LD'N$#+.x,$+?*%-'% +*+<#1MM[+
%$0$4$%+*?"0"'"#+"/&$%$##',*#+/'+-$0'/"]'()*+0*-*+#24'3&$%/*#[+$+?*%-'%+2-+/_03$*+,$+
.%'&"0'+,$/&%*+,'+*%8'/"]'()*+12$+#$%"'+0'.']+,$+,"?2/,"%+'+"/*N'()*+'&%'N=#+,$3'B+P+
"/&$%$##$+#*4%$+'+"/*N'()*[+$+'+&%'/#?*%-'()*+#$82"/&$[+$%'+%$'3"]',*+/)*+'.$/'#+.*%+2-+
*?"0"'3 + *2 + 2- + 8%2.* + ,$3$#[ + -'# + .$3' + *%8'/"]'()* + 0*-* + 2- + &*,*[ + 0*/,2]",' + .$3*+
0*-'/,*+,$3'B
+
b$0*/D$0",* + .$3' + *%8'/"]'()* + 0*-* + 0*/,2&*% + ,$##' + &%'/#?*%-'()*[ + 7'"N'+
LD'N$#+:+.'%'+'+&$%0$"%'+?'#$+,'+"/032#)*+,*#+0'%%*#+,$+0*-4'&$+:+'0'4*2+.*%+"%+'*#+<@M+
%$'3"]'% + 2- + 02%#* + /' + $#0*3' + ,$ + 43"/,',*# + $#&',2/",$/#$[ + #$,"',' + $- + A*%& + g/*R[ + $+
.*#&$%"*%-$/&$ + '##"#&"%"' + $- + XpYY + ' + -'/*4%'# + ,'+ X~ + !"N"#)* + Q3"/,',' + ,*# + <@M + /'+
<2%*.'B + <- + XpZX[ + $3$ + %$&*%/'%"' + a + <#0*3' + ,$ + 6*&*6$0'/"]'()* + 0*-* + 0*-'/,'/&$[+
0%"'%"'+*+02%#*+&`&"0*+.'%'+43"/,',*#+$+'##2-"%"'+$-+XpZh[+0*-*+8$/$%'3[+'+!"%$&*%"'+,$+
6*&*6$0'/"]'()*B
M+'#0$/#)*+,'+0'%%$"%'+,$+7'"N'+LD'N$#+#9+#$+&*%/*2+.*##5N$3+8%'('#+a+,$0"#)*+
,* + 0*-'/,* + ,' + *%8'/"]'()* + $- + "/N$#&"% + /' + "/*N'()* + $[ + 0*/#$1y$/&$-$/&$[ + /$3$B + M+
"/$R"#&i/0"' + ,* + c6'N$%"0td + /' + "/032#)* + ,*# + 0'%%*# + ,$ + 0*-4'&$ + .*,$ + #$% + _&"3 + .'%'+
,$#-"#&"?"0'% + * + $#&2,* + ,'# + .$%#*/'3",',$#[ + &%',"0"*/'3-$/&$ + ?*%&$ + /* + <QB + <-4*%' + '+
?*%-'()* +,$+cD$%9"#d+#$j'+0*-2- +'+12'312$%+8%2.*+12$+3",$+0*-+*+2#*+,'+?*%('[+'+
'/`3"#$+,$-*/#&%*2+12$+2-'+0',$"'+,$+?'&*%$#+'0'4'+.*%+#$%+N"/023','+'*+*?"0"'3+12$+
3",$%'+'+&%'/#?*%-'()*B+<#&$+'"/,'+,$.$/,$+,$+#2'+0'.'0",',$+$+N*/&',$+.'%'+&*-'%+
,$0"#^$#+'+%$#.$"&*+,'+"/*N'()*[+-'#+/)*+'+%$'3"]'+#$-+12$+*+8%2.*+12$+%$'3-$/&$+,$&$-+
*+.*,$%+/'+*%8'/"]'()*+*+'.',%"/D$B
L*- + "##*[ + = + &'-4=- + "-.*%&'/&$ + $#&2,'% + *# + *?"0"'"# + 12$ + $#&)* + /* + &*.* + ,*+
0*-'/,*+*%8'/"]'0"*/'3E+$-4*%'+"/,"%$&'-$/&$+3"8',*#+'*+.%*0$##*+,$+&%'/#?*%-'()*[+
XWW
#)*+$3$#+12$+,$&$%-"/'-+12'/,*+=+"-.*%&'/&$+"/"0"'%+2-'+42#0'+.$3'+c/*N'+&$*%"'+,'+
N"&9%"'dB+V$##$+0'#*[+*+$#&2,*+'+%$#.$"&*+,'+N",'+,$+*?"0"'"#+12$+3",$%'%'-+'+"/*N'()*+
,$N$+$#&'%+3"8',*+'+2-+$#&2,*+'+%$#.$"&*+,'#+",="'#+,$+#$2#+#2.$%"*%$#B+7*%+$R$-.3*[+
'/'3"#'%+*+.'.$3+,$+7'"N'+LD'N$#+*2+e*#=+7$##*'+/'+"/032#)*+,*+0'%%*+,$+0*-4'&$+/*+<Q+
%$12$%[+.*%&'/&*[+2-'+'/'3"#$+,*+.'.$3+,$+;9$#+6*/&$"%*[+L'$&'/*+,$+A'%"'+$+6'2%"0$+
;'-$3"/[+'3=-+,$+*2&%*#+12$+"/?32$/0"'%'-+/'+,$0"#)*+,$+-*,$%/"]'%+'+*%8'/"]'()*+
-"3"&'%B
WZU5)*^]MIbLhS
<-+%$3'()*+a+D".9&$#$+"/"0"'3+,$##$+&%'4'3D*[+,$+12$+*+<7A./3+)#^.&*36"3.)#'B)#-)3#
/&2&1#("#"'+"'(".#)#%*)#()#/&..)#("#/),K&+"#2&.&#3'/6%D?6)#&("$%&(&,"'+"#",#*%& #
"*+.%+%.&0+'+0*/032#)*+'+12$+#$+0D$8*2+?*"+,$+12$+$#&'+%$'3-$/&$+/)*+*0*%%$2+/*+.$%5*,*+
$#&2,',*B
L*-*+0'2#'+.'%'+&'3[+.$%0$4$:#$+12$+'+"/032#)*[+/*+-*,*+0*-*+?*"+0*/0$4",'+
.$3'+*"4B)#("#,)+),"/&'31&4B)[+?*"+"/&$%%*-.",'B+P+<Q+%$'3"]*2[+-'#+/)*+0*/032"2+*+
$#&2,*+/$0$##`%"*+.'%'+#$+$/&$/,$% +*+$-.%$8* +,*+43"/,',*[+$-4*%' +'.*/&'##$+/$##$+
#$/&",*B+M382-'#+0*/#",$%'(^$#Zh+12$+.*,$-+0*%%*4*%'%+$##'+0*/032#)*+#$82$-+'4'"R*E
WZUZ@5/*q.b_SKs*\S^*LbnL_^_btTS
!$#,$+'+0*/&%'&'()*+,'+66A[+*+<R=%0"&*+?*"+"/?32$/0"',*+.$3*+$R$-.3*+?%'/0i#B+
L*/0*%,'/,*+0*-+*+0*/0$"&*+,$+A'%%$33+GCWWCE+hI+'+%$#.$"&*+,$+2-'+&%'/#?*%-'()*+.*%+
$-23'()*+G','.&'()*I[+*4#$%N':#$+&$%+#",*+$##$+*+0'-"/D*+.$%0*%%",*+/'+#$82/,'+?'#$+,'+
"/032#)*+,*#+0'%%*#+,$+0*-4'&$[+0*-+'+0%"'()*+,'+*"4B)#("#,)+),"/&'31&4B)+'+.$,",*+
,*+0*-'/,'/&$+?%'/0i#[+8$/$%'3+V*$3[+$+.$3*#+*?"0"'#+4%'#"3$"%*#+12$+?*%'-+$#0*3D",*#+
.'%'+3",$%'%+'+"/*N'()*+&$%$-+$#&2,',*+/*+<R=%0"&*+A%'/0i#+*#+$3$-$/&*#+-$0'/"]',*#B++
M+D$%'/('+,*+$/#"/*+,'+66A+?*%-*2+2-+$R=%0"&*+$#.$0"'3"]',*+$-+$/&$/,$%+*#+
'N'/(*#+$-+*2&%*#+.'5#$#[+$-+$#&2,'%+'#+,*2&%"/'#+12$+&$-+#",*+4$-+#20$,",'+$+'+&$/&'%+
','.&`:3'#+'*+Q%'#"3[+'*+"/N=#+,$+42#0'%$-+.%*,2]"%+#2'+.%9.%"'+,*2&%"/'+0*-+*+12$+&"N$%+
'*+'30'/0$+,'+*%8'/"]'()*+-"3"&'%B
Zh
+M#+0*/#",$%'(^$#+12$+#$+#$82$-+#)*+.'%&$+"/"0"'3+,$+2-+.*#&$%"*%+$#&2,*+'+%$#.$"&*+,'+-$0'/"]'()*+,*+
<R=%0"&*+Q%'#"3$"%*+'+.'%&"%+,'+&$%0$"%'+?'#$[+12$+#$+$#.$%'+#$%+%$'3"]',*+.*#&$%"*%-$/&$+'+$#&$B
XWX
M + ?*%-'()* + ,$ + 2/",',$# + ,$ + 0'N'3'%"' + -"#&' + .%$N"#&' + .$3' +*"4B) # ("#
,)+),"/&'31&4B)+,$-*/#&%'+12$+:+'+,$#.$"&*+,'+"/?32$/0"'+,'+66A+0*-+'+2&"3"]'()*+,$+
-'/2'"#+$+,*2&%"/'#+,$+$-.%$8*+?%'/0$#'#+:+*#+*?"0"'"#+4%'#"3$"%*#+&$/&'%'-+','.&'%+*+
.%*0$##*+,$+-$0'/"]'()*+,'+0'N'3'%"'+$+'+"/032#)*+,*#+0'%%*#+,$+0*-4'&$+a+%$'3",',$+
4%'#"3$"%'B + V)* + D'N"' + %$02%#*# + /$- + "/?%':$#&%2&2%' + .'%' + 2-' + &*&'3 + -$0'/"]'()* + ,'#+
2/",',$#+,*+$R=%0"&*B
6'# + $##' + 0*/032#)* + .*,$ + #$% + 0*/#",$%',' + 2- + -$"* + &$%-* + .*%12$ + ' + /*N'+
$/R2%%','+,$+-'&$%"'3+$-+XpYC+/)*+,$2+'*+<Q+*2&%'+*.()*+#$/)*+'+-$0'/"]'()*+$-+
-'##'+,$+#2'#+2/",',$#B+<+j2/&'-$/&$+0*-+"##*[+'+'0$"&'()*+,'+,*2&%"/'+43"/,','+,*+
<R=%0"&*+,*#+<#&',*#+@/",*#B+<-+XpYq[+P+8$/$%'3+e*#=+7$##*'+%$3'&*2+12$E
M+.%*.9#"&*+,'+-*&*-$0'/"]'()*+/)*+-$+.'%$0$+12$+'+/*##'+#"8'+2-+%*&$"%*+
0$%&*B+r/?$3"]-$/&$+j`+'+N$-*#+G'+'%-'+43"/,','I+0*-+*#+-$#-*#+,$?$"&*#+$+
D`4"&*# + ,'# + /*##'# + N$3D'# + '%-'# + N"N$/,* + ,$#'.'%$3D','# + $ + "/#2?"0"$/&$#B+
r3*8"0'-$/&$ + 0*-$('-*# + .*% + */,$ + *# + *2&%*# + G'# + 8%'/,$# + .*&i/0"'#I[+
.*##2",*%$#+,$+3'%8'+$R.$%"i/0"'+$+8%'/,$#+$R=%0"&*#[+&$%-"/'%'-E+'+!"N"#)*+
Q3"/,','B+n+2-+9%8)*+"/',$12',*+'*#+$R=%0"&*#+.*4%$#[+,$+'12"#"()*+02#&*#'[+
,"?50"3+-'/2&$/()*+$+0D$"'+,$+,"?"023,',$#B+GBBBI+H*,'N"'[+D`+Cq+'/*#[+12'/,*+
0*-$('-*#+/*##'+-$0'/"]'()*[+*+*4j$&"N*+?*"[+,$+'0*%,*+0*-+*#+$/#"/'-$/&*#+
,'+.%"-$"%'+;%'/,$+;2$%%'[+2-+$/8$/D*+,$+'0*-.'/D'-$/&*+,'+"/?'/&'%"'[+*+
12'3+.$3'+.%*&$()*[+-$/*%+N"#"4"3",',$+$+,$#3*0'-$/&*+,$+q+t-UD[+#*4%$.2j'N'+
'+N$3*0",',$+,'+r/?'/&'%"'BBBV'12$3'+*0'#")*[+j`+.%$N$/,*+*+.%*8%$##*+12$+&$%"'+
*#+$/8$/D*#+43"/,',*#[+.$,"-*#+2-'+*%8'/"]'()*+0*-.'&5N$3+0*-+2-+4'&'3D)*+
,$+,"N"#)*+,$+"/?'/&'%"'[+$+2-+0$/&%*+,$+$#&2,*#+$+&%$"/'-$/&*+.'%'+?*%-'()*+
,$+12',%*#+,$+$#.$0"'3"#&'#m+*+-'"#+#$%"'+$#.$%'%+.$3'+$N*32()*+,*+-'&$%"'3+G*#+
0'%%*#+,$+0*-4'&$IBGL'N'30'/&"+,$+M34212$%12$[+L7!*0:A;KI
Q'#"0'-$/&$[+&%*0*2:#$+2-'+"/?32i/0"'+.*%+*2&%'E+M"/,'+12$[+0*-+'+?*%-'()*+
,'#+2/",',$#+-$0'/"]','#[+*#+*?"0"'"#+4%'#"3$"%*#+&$/&'##$-+','.&'%+'+-$0'/"]'()*+'*+
$R=%0"&*+#$82"/,*+*+-*,$3*+$#&',2/",$/#$[+'+"/?32i/0"'+?%'/0$#'+'"/,'+$%'+.$%0$4",'B+M+
66A+"/"0"*2+*+.%*0$##*+,$+-$0'/"]'()*[+$+*+'0*-.'/D*2+'&=+*+?"-+,'+-"##)*[+/*+
"/"0"*+,$+XpYWZkB+
Zk
+7*/&*+"/&$%$##'/&$+?*"+12$+/)*+D*2N$[+$/&%$+*#+*?"0"'"#+?%'/0$#$#+12$+N"$%'-+/*#+'/*#+,'+6"##)*[+'382-+
$#.$0"'3"]',*+$-+-$0'/"]'()*B+!$#,$+*+.%"/0"."*+,'+?*%-'()*+,'+!"4B)[+*+12$+D*2N$+?*%'-+*?"0"'"#+
4%'#"3$"%*#+12$+$#&"N$%'-+/'+A%'/('+$-+0*/&'&*+0*-+'+-$0'/"]'()*B+P+_/"0*+*?"0"'3+?%'/0i#+$#.$0"'3"]',*+
/*#+0'%%*#+,$+0*-4'&$+'+N"%+'*+Q%'#"3+?*"+*+&$/$/&$+0*%*/$3+G,$.*"#+8$/$%'3I+6'2%"0$+!2%*#*fB+LD$8',*+
'*+Q%'#"3+$-+XpFp[+%$'3"]*2+'382-'#+0*/?$%$/0"'#+'+%$#.$"&*+,'+-$0'/"]'()*+'/&$#+12$+'+6"##)*+?*##$+
$/0$%%','[+$-+XpYW+G6'3'/[+XpqqE+XIB+
XWC
M.9#+$##$+.$%5*,*[+'+0D$8','+,*+-'&$%"'3+,*#+<@M+&%*2R$+&'-4=-+*#+-'/2'"#+$+
*+#"#&$-'+,$+*%8'/"]'()*+,'#+2/",',$#+-$0'/"]','#ZqB+M+"/?32i/0"'+,*#+<@M+#$+,`+0*-+
'+-$#-'+"/&$/#",',$E+*?"0"'"#+4%'#"3$"%*#+#)*+$/N"',*#+.'%'+*+/*%&$+$+'.%$/,$-+*+-*,*+
$#&',2/",$/#$+,$+0*-4'&$%[+&%']$-+$#&$#+-=&*,*#+.'%'+0`+j2/&'-$/&$+0*-+#$2#+-'/2'"#+
$+&$/&'-+'.3"0`:3*#+'12"[+,"%$&'-$/&$+/'#+2/",',$#+$-+12$+#)*+$/N"',*#+.'%'+#$%N"%B+6'#+
'#+,"?$%$/('#+$-+%$02%#*#+$+$#&%2&2%'+/)*+.$%-"&$-+'+.$%?$"&'+2&"3"]'()*+,'+,*2&%"/'B
WZUZB5)*qO]lbKKHTHs*TO*KOMbKLSL*TSL*%!)
+
M+12'/&",',$+,$+-'&$%"'3+-"3"&'%+$+%$02%#*#+12$+*+<Q+.'##'+'+%$0$4$%+'+.'%&"%+,$+
XpYC+'&%'N=#+,*+R"'(?6"&*"+,$%'-+'*#+-"3"&'%$#+2-'+'0$3$%','+/*+,$#$j',*+.%*0$##*+,$+
-*,$%/"]'()* + ,' + ?*%('B + L*/?*%-$ + "'- + 0D$8'/,* + *# + N$5023*#[ + #$ + &*%/'N' + /$0$##`%"*+
*%8'/"]'%+2/",',$#+.'%'+%$0$4i:3*#[+-'#+/)*+D'N"'+.$##*'3+&=0/"0*+$-+/2-$%*+#2?"0"$/&$+
.'%'+'&$/,$%+'+,$-'/,'B+
M0'4*2+.*%+*0*%%$%+'12"3*+12$+?*"+,$#0%"&*+.*%+e*#$+7$##*'+/*+%$3'&*+'0"-'B+M+
&%'/#?*%-'()*[+0*/0$4",'+/'+*"4B)#("#,)+),"/&'31&4B)+0*-*+2-+.%*0$##*+8%',2'3[+,$+
.$12$/'#+2/",',$#+,' +/&C&6&.3&#,3*+& #,$N",*+a+?'3&'+,$+%$02%#*#+,*+<#&',*+4%'#"3$"%*+
.'%'+0*-.%'%+*#+0'%%*#+,$+0*-4'&$[+'0'4*2+"/&$%%*-.",'+.$3*#+0'%%*#+12$+0D$8'N'-+,*#+
<@M[ + $- + 12'/&",',$ + #2?"0"$/&$ + .'%' + ?*%-'% + 4'&'3D^$# + "/&$"%*#B + P + .%*0$##* + ,$+
&%'/#?*%-'()*+/$0$##"&'N'+$/&)*+,$+2-'+%$N"#)*[+$+$3"-"/'N'+*+.%*j$&*+,' +;&C&6&.3&#
,3*+&B+M3=-+,"##*[+'+12'/&",',$+,$+-'&$%"'3+12$+0D$8'N'+*4%"8'N'+#2'+,"#.$%#)*+.$3*+
&$%%"&9%"*+4%'#"3$"%*[+*+12$+.*,$%"'+,"#.$%#'%+'+12'/&",',$+,$+.$##*'3+.%$.'%',*+.'%'+3",'%+
0*-+$3$B+
WZUZU5)*\HI_H*TO*b[*]uMIOS*\SK[HTSK*TO*TSb_K^]H
++++
M+,"#.$%#)*+,$+-'&$%"'3+$+,$+.$##*'3+.%*N*0*2+'+"-.*##"4"3",',$+,$+?*%-'%:#$+
2- + /_03$* + ,$ + .$#12"#'# + #*4%$ + * + 2#* + ,*# + 43"/,',*# + /* + <Q[ + .%"/0".'3-$/&$ + '.9# + '+
&%'/#?*%-'()* + ,' + <#66 + $- + <#0*3' + ,$ + 6'&$%"'3 + Q=3"0*[ + $- + XphW[ + 12$ + ,"#.$%#' + *+
0*/D$0"-$/&*+#*4%$+'+"/*N'()*B+M+"/*N'()*[+.%"/0".'3-$/&$+#$+$3'+?*%-'+2-'+/*N'+
'%-'[ + ,$N$ + &$% + 0*/&"/2",',$B + r##* + /)* + *0*%%$2 + 0*- + ' + '%-' + 43"/,',' + /* + <Q + '.9# + '+
Zq
+P#+6'/2'"#+.*,$-+#$%+$/0*/&%',*#+/*+L!PL[+$-+Q%'#53"'[+*2+/*+M\<R[+b"*+,$+e'/$"%*B+V*#+-*,$3*#+
3*8*+.*#&$%"*%$#+'*+"/"0"*+,'+66A+G.*%+N*3&'+,$+XpCFI[+Ni:#$+$#0%"&*+/'#+.%"-$"%'#+.'8"/'#+12$+*+-'/2'3+
=+2-'+','.&'()*U&%',2()*+,$+2-'+N$%#)*+?%'/0$#'B+M"/,'+-'"#+"/&$%$##'/&$+=+'+.%*?2#)*+,$+-'/2'"#+
N"/,*#+,*#+<@M+.'%'+*+<R=%0"&*[+'+.'%&"%+,$+XpYCB+
XWF
?*%-'()*+,'+!"N"#)*+Q3"/,','[+$-+XpZkB+P+$/#"/*+&`&"0*+$+&=0/"0*+.'##*2+'+#$%+?$"&*+/'#+
2/",',$#B+
M + 3'02/' + .%*N*0',' + .$3' + ?'3&' + ,$ + 2- + 0$/&%* + ,$ + $#&2,*# + #*4%$ + *# + 43"/,',*#+
.%*N*0' + ' + .$%,' + ,$ + 0*/D$0"-$/&* + ',12"%",* + .$3'# + 2/",',$# + 43"/,','# + $- + #$2#+
$R$%050"*# + $ + *.$%'(^$#B + 7'%' + 0*/?"%-'% + ' + $R"#&i/0"' + ,$##' + 3'02/' + /* + <Q[ + #$ + &$- + '+
?*%-'()*[+$-+XX+,$+*2&24%*+,$+Xpph[+,*+L$/&%*+,$+r/#&%2()*+,$+Q3"/,',*#+;$/$%'3+
S'3&$%+7"%$#+GLrQ3,I+#$,"',*+$-+>'/&'+6'%"'[+b>[+#$&$/&'+$+0"/0*+'/*#+'.9#+'+?*%-'()*+
,'+.%"-$"%'+2/",',$+43"/,','+/*+<QB
<R$-.3* + ,"#&* + = + $N*0',* + '/'3"#'/,* + ' + "/0'.'0",',$ + ,* +U)G&6 # 9&'P # ;).2*#
4%"&u/"0*+$-+0*-."3'%+'#+",="'#+,'#+2/",',$#+,$+0'%%*#+,2%'/&$+'+r+;2$%%'[+.'%'+$#&2,`:
3'#+$+0*-.'%&"3D`:3'#+0*-+*+%$#&'/&$+,*+$R=%0"&*B+P2&%*+.%*43$-'+.%*N*0',*+.*%+$##'+
3'02/' + = + ' + "/$R"#&i/0"' + ?"%-$ + ,$ + 2- + /_03$* + 12$ + 0*/0$/&%$ + *# + .$%"&*# + ,$##' + '%-' + $+
,$?"/'- + #2'# + /$0$##",',$# + $- + -'&$%"'3 + $ + %$02%#*# + 12$ + .*,$%"' + &$% + "/?32$/0"',* + *+
0*-'/,*+,'+*%8'/"]'()*+$-+-*-$/&*#+$-+12$+#$+,$0","'+'+0*-.%'+,$+/*N*+-'&$%"'3+
j2/&*+'+"/,_#&%"'#+$#&%'/8$"%'#+*2+/'0"*/'"#B+
WZC5![*3SLLtJOI*,OaHTS
+
P+.%*0$##*+,$+$-23'()*+G','.&'()*I[+$-4*%'+&$/D'+#",*+&%'&',*+"'#2&**&'++/$#&$+
&%'4'3D*[ + 3$N'/&' + '382-'# + 12$#&^$# + %$3'&"N'# + '* + $#&2,* + ,*2&%"/`%"* + /* + <R=%0"&*+
Q%'#"3$"%*B
7*,$:#$+,"]$%+12$+*+$R=%0"&*+'0*#&2-*2:#$[+'"/,'+'/&$#+,'+0%"'()*+,'+*"4B)#("#
,)+),"/&'31&4B)[ + ' + $#&2,'% + '# + ,*2&%"/'# + -"3"&'%$# + N"8$/&$# + /* + $R&$%"*%B + 6'/&$% + *#+
*?"0"'"#+"/&$3$0&2'3-$/&$+.%$.'%',*#+?'0"3"&'%"'+#2'+','.&'()*+'*#+/*N*#+-$"*#+12'/,*+
$#&$# + ?*##$- + ',12"%",*# + .$3' + *%8'/"]'()*B + 7*%=- + $##' + '12"#"()* + ,$ + 0*/D$0"-$/&* + =+
4'#$','+/'#+$R.$%"i/0"'#+,$+*2&%'#+*%8'/"]'(^$#+-"3"&'%$#[+$-+'-4"$/&$#+,"?$%$/&$#+'*#+
/*##*#[+0*-+*2&%'# +/$0$##",',$# +$+*2&%*#+&".*# +,$+*.*/$/&$#[+&5."0' +,$+2-' +023&2%'+
.$%"?=%"0'[+,$.$/,$/&$B
<##$+.%*0$##*+,$+$#&2,*+,'#+,*2&%"/'#+$R&$%/'#+.*,$+#$%+0*/#",$%',*+2-+3$8',*+
,*# +`)C"'*#9%./)*+ $+#2'+%$N"#&' +@#="-"*&#E&/3)'&6[+$+"/?32$/0"',*+.$3*#+&%'4'3D*#+,$+
-$3D*%"'+,*+$/#"/*+-"3"&'%+,'+6"##)*+A%'/0$#'B+<##'+D".9&$#$+#$+?*%-*2+N'8'-$/&$+
,2%'/&$+'+'/`3"#$+,$##$+&%'4'3D*B+P#+'%&"8*#+&=0/"0*#+,'+%$N"#&'+#$+-'/&"/D'-+O+#'3N*+*+
,$N",*+'&%'#*+,'#+"/?*%-'(^$#+a+=.*0'+O+$-+,"'+0*-+*#+.%*8%$##*#+/'+`%$'+-"3"&'%B+P#+
%$,'&*%$# + *# + $R.2/D'- + 12'#$ + #$-.%$ + ,$ + -*,* + ' + .$/#'% + 2-' + ?*%-' + ,$ + 2&"3"]'% + *#+
XWY
-=&*,*#+$+$12".'-$/&*#+','.&'/,*:*#+'*+0$/`%"*+4%'#"3$"%*B+T*/8$+,$+#$%+2-+.%*43$-'[+
'+','.&'()*+,$+,*2&%"/'#+$+&$0/*3*8"'#+$R&$%/'#+=+2#2'3+$/&%$+*%8'/"]'(^$#+-"3"&'%$#B
P#+$#&2,*#+,*#+02%#*#+,$+"/?*%-'(^$#+/'+<#0*3'+,$+<#&',*+6'"*%+$+'#+.$#12"#'#+
%$'3"]','# + .$3' +*"4B) # (" # ,)+),"/&'31&4B)+ #)* + *%"2/,*# + ,$ + .$#12"#'# + #*4%$ + '#+
&%'/#?*%-'(^$# +12$+$#&'N'-+*0*%%$/,*+$-+*2&%*#+.'5#$#[+$+&'-4=-+,$+%$3'&9%"*# +,$+
*4#$%N',*%$# + $ + ',",*# + -"3"&'%$# + N"/D'- + "/?*%-'(^$# + ' + %$#.$"&* + ,$ + *%8'/"]'(^$#+
-"3"&'%$#+$#&%'/8$"%'#B+M+','.&'()*+%$#23&*2+/*+.%*j$&*+,'+;&C&6&.3&#F3*+&B+
M+%`.",'+',*()*+,'+,*2&%"/'+$#&',2/",$/#$+.$3*+<R=%0"&*+Q%'#"3$"%*+/)*+.'%$0$+
&$% + #$82",* + * + -$#-* + %'0"*05/"*[ + $ + ' + ?*%-'()* + ,' + !"N"#)* + Q3"/,',' + .*,$[ + &'3N$][+
%$#.*/,$% + $#&' + 12$#&)*B + 6'# + ' + .%"/0"."* + /)* + #$ + Ni + ','.&'()*[ + $ + #"- + 2-' + 09."' + ,*+
-*,$3*+$R&$%/*B+
P# + $#&2,*# + 0*/,2]",*# + /' + <#0*3' + ,$ + <#&',* + 6'"*%[ + $ + 0*/#$82"/&$-$/&$ + /*+
.%9.%"* + <#&',* + 6'"*%[ + ,$N$- + #$ + ?"R'% + '* + .%'8-`&"0* + G&$0/9?*4*I + #$-[ + /* + $/&'/&*+
$3"-"/'%+*+2&*."#&'+G&$0/9?"3*IB+H$*%"]'%+'+%$#.$"&*+,'+/'&2%$]'+#24j$&"N'[+-2&`N$3[+,'+
82$%%' + #$ + &*%/' + "/_&"3 + #$ + ' + *%8'/"]'()* + -"3"&'% + /)* + .2,$% + '.3"0'% + * + 0*/D$0"-$/&*+
',12"%",*+$-+#2'+/'&2%$]'+*4j$&"N'+G;%'f[+CWWZE+FCI+:+12$%+,"]$%E+.%*,2]"%+2-'+,*2&%"/'+
12$+/)*+#$+.*,$+$R$02&'%[+$#&2,'%+2-'+/*N'+&$0/*3*8"'+*2+-=&*,*+*.$%'0"*/'3+12$+/)*+
0*/,"]+0*-+*#+-$"*#+$R"#&$/&$#ZpB++
P#+$#&2,*#+%$'3"]',*#+/'#+$#0*3'#+-"3"&'%$# +,*+<R=%0"&*+Q%'#"3$"%*+-$%$0$-+'+
,$N",'+'&$/()*+'0',i-"0'+12'/&*+a+#2'+2&"3",',$+.'%'+'+*%8'/"]'()*+-"3"&'%E+#$+'&=+12$+
.*/&*+*+$#&2,*+,'#+,*2&%"/'#+$R&$%/'#+#'&"#?']+'+*%8'/"]'()*+$-+#2'+','.&'()*[+*2+#$+
$3$#+'.$/'#+$/?'&"]'-+'+&$*%"'+#*4%$+'+.%`&"0'[+.*##"4"3"&'/,*+2-'+,"#.'%",',$+$/&%$+*+
$#&2,* + .%*?"##"*/'3 + -"3"&'% + $ + *# + -$"*# + a + #2' + ,"#.*#"()* + G>$%%'/*[ + CWWqE + XWYIB + \`+
#'4$,*%"'+/'+','.&'()*[+#$2+.%*43$-'+=+12'/,*+$3'+#$+&*%/'+2-'+09."'B+</&$/,$%+*+
.%*0$##*+,$+','.&'()*+.*,$+$N"&'%+$%%*#+$-+%$3'()*+'+&%'/#?*%-'(^$#+/'+*%8'/"]'()*+
-"3"&'%B+
+++++++++
Zp
+>*4%$+'+.$#12"#'+,*2&%"/`%"'+,$/&%*+,*+<R=%0"&*[+.%"/0".'3-$/&$+/'+<#0*3'+,$+L*-'/,*+$+<#&',*+6'"*%[+
N$%+0*-*+$R$-.3*+'%&"8*+,$+6'%0$3*+P3"N$"%'+T*.$#+>$%%'/*E+lX"*$%3*&.#/),#."6"Cd'/3&o[+/'+%$N"#&'+
7M!<L<6<[+.%"-$"%*+&%"-$#&%$+,$+CWWq[+.`8B+pkB
XWZ
&%+%&X"2#)'**
+
M!M6>g|[+!"-'B+95"#;%6+%."#)-#F363+&.G#J'')C&+3)'B+>&'/?*%,E+>&'/?*%,+@/"N$%#"&f+
7%$##[+CWXWB+
MTQ@z@<bz@<[+e*#=+7$##*'+L'N'30'/&"+,$B+=3e.3)#("#,3'5&#C3(&B+r/E+M%12"N*+e*#=+
7$##x'B+L$/&%*+,$+7$#12"#'+$+!*02-$/&'()*+O+A2/,'()*+;$&23"*+K'%8'#B+!*02-$/&*#E+
e7,N+XpZFBWWBWW[+%*3*+X[+?*&*8%'-'#+X+'+qpB
MTK<>[ + eB+ KB+ 7*%&$33' + A$%%$"%'B +W* # ^63'(&()* # &+.&CA* # ()* # *A/%6)*B+ b"* + ,$ + e'/$"%*E+
QrQTr<v[+XphYB
MTK<>[+K`8/$%+L'-"3*B+=&#J+e63&#\#;).A3&f#("/3*H"*#*)K."#3.#)%#'B)#\#:%"..&B+Q$3*+
\*%"]*/&$E+<,"&*%'+@A6;m+b"*+,$+e'/$"%*E+r@7<be[+CWWkB
QMbb<HP[ + e*)* + ,$ + !$2# + 6$/'[ +@ # <726).&4B) # " # & # F)+).31&4B)B + r/E +@ # ="-"*&#
E&/3)'&6E+>$&$-4%*+,$+XpFkB
QM>HP>[ + <R.$,"&* + L'%3*# + >&$.D'/"B +^63'(&()* # ') # ^.&*36f # g, # 6)':) # " # e.(%) #
&2."'(31&()>#h)6%,"#YB+Q'2%2E+H'33$%+L*-2/"0'()*[+CWXXB
QM>HP> + ArT\P[ + e'f-$ + ,$ + M%'_j*B +@ # F3**B) # F363+&. # I.&'/"*& # ') # ^.&*36B +b"* + ,$+
e'/$"%*E+QrQTr<v[+XppYB+
QM|Tr>[+e*D/m+SrbHƒ[+e'-$#m+LP\<V[+<3"*&+w+;bM|[+L*3"/+G*%8#I[+!+.&+":G#3'#+5" #
;)'+",2).&.G#O).6(B+V$s+|*%tE+PR?*%,[+CWXWB++
QMV\M[+7'23*+,'+6*&&'+GL%,BIB+S3*+8.3&#()#<*+&()#F&3).#()#<7A./3+)B+b"*+,$+e'/$"%*E+
QrQTr<v[+XpqYB
QP@bV<[+e*D/B+9)+&6#O&.#Jf#95"#[."&+#O&.B+r/E+HPSV>\<V![+LD'%3$#B+G<,BI+95"#
W7-).(#S3*+).G#)-#F)(".'#O&.B+PR?*%,+@/"N$%#"&f+7%$##[+CWWZB++
LMQbMT[ + K"&*% + \28* + ,$ + M3$/0'%B +<,2.":) # ()* # /&..)* # (" # /),K&+"B + r/E +@ # ="-"*&#
E&/3)'&6E+P2&24%*+,$+XpYXB
LMbKMT\P[+e*#=+62%"3*+,$B +I).4&*#@.,&(&*#"#X)6D+3/&#')#^.&*36B+b"*+,$+e'/$"%*E+
e*%8$+ƒ'D'%+<,"&*%'[+CWWZB
LM>HbP[+L$3#*B+W*#F363+&."*#"#&#U"2%K63/&f#g,#"*+%()#*)K."#/%6+%.&#"#&4B)#2)6D+3/&B+
b"*+,$+e'/$"%*E+e*%8$+ƒ'D'%+<,"&*%[+XppZB
Lr!M!<[+A%'/0"#0*+,$+7'23'B +W#;&C&6)#)%#)#F)+).i+ r/E +U"C3*+&#,363+&.#^.&*36"3.&B+
e'/$"%*:e2/D*+,$+XpYXB
LrHrVP[ + b*4$%& + 6B +^63+1P.3": # +) # ="*".+ # !+).,f # 95" # <C)6%+3)' # )- # W2".&+3)'&6 #
O&.-&.">+@/"N$%#"&f+7%$##+*?+g'/#'#[+CWWYB
LTM@><SrHƒ[+L'%3+N*/B+W'#O&.B+V$s+e$%#$fE+7%"/0$&*/+@/"N$%#"&f+7%$##[+XpqYB+
XWh
LP<T\P[+!2%N'3+,$+6'8'3D)$#B +<C)6%4B)#()#;),K&+"#("#J'-&'+&.3&B+r/E +@#="-"*& #
E&/3)'&6E+e2/D*+,$+XpFZB
LP<T\P[+6*'0f%+b"4$"%*+L*$3D*B+@#F)+),"/&'31&4B)#"#)#<*2D.3+)#("#;&C&6&.3&B+r/E+
@#="-"*&#E&/3)'&6f#e23D*+,$+XpYWB
LP<T\P[+ <,-2/,* +L'-.*#B +<, #^%*/& #("# 3("'+3(&("f # )#<7A./3+) #"# &#2)6D+3/& # '& #
*)/3"(&("#K.&*36"3.&B+b"*+,$+e'/$"%*E+b$0*%,[+CWWWB
LP\<V[+<3"*&B+9"/5')6):G#&'(#O&.-&."B+r/E+QM|Tr>[+e*D/m+SrbHƒ[+e'-$#m+LP\<V[+
<3"*&+w+;bM|[+L*3"/+G*%8#I[+!+.&+":G#3'#+5"#;)'+",2).&.G#O).6(B+V$s+|*%tE+PR?*%,[+
CWXWB+
LP@HrV\P[+T*2%"N'3B+ W#:"'".&6#[8"*#("2H">+ b"*+,$+e'/$"%*E+<,B+L*$3D*+Q%'/0*[+
XpZZB++
Lb<K<T![+6'%&"/+K'/B+;),,&'(#3'#O&.B+\'%N'%,+@/"N$%#"&f+7%$##[+CWWCB
JJJJJJJJJJB+9"/5')6):G#&'(#O&.#Jf#9)#YZjc>+r/E+HPSV>\<V![+LD'%3$#B+G<,BI+95"#
W7-).(#S3*+).G#)-#F)(".'#O&.B+PR?*%,+@/"N$%#"&f+7%$##[+CWWZB++
<TTr>[+e*D/B+95"#!)/3&6#S3*+).G#)-#+5"#F&/53'"#[%'B+V*N'+r*%12$E+7'/&D$*/+Q**t#B+
XpkZB
<K<bM[+>&$.D$/+K'/B+O5&+#&."#;&*"#!+%(3"*i#S)_#!5)%6(#+5"G#K"#X".-).,"(i#[%3(" #
F"+5)(#-).#!+%("'+*#)-#X)63+3/&6#!/3"'/">+r&D'0'E+L*%/$33+@/"N$%#"&f+7%$##[+XppkB
AMbb<TT[+HD$*+;B+w+H<bbrAA[+H$%%fB +95"#!)%./"*#)-#F363+&.G#;5&':"B+r/+",$-[+
!)%./"* # )- # F363+&.G # ;5&':"f # ;%6+%."0 # X)63+3/*0 # 9"/5')6):GB + Q*23,$%[ + LPE + Tf//$+
b"$//$%[+CWWCB
AMbb<TT[+HD$*B+;%6+%."#&'(#F363+&.G#X)_".>+r/E+U"C3"_#)-#J'+".'&+3)'&6#!+%(3"*B+VB+
CY[+..B+YWk:YXhB+Q%"&"#D+r/&$%/'&"*/'3+>&2,"$#+M##*0"'&"*/[+XppqB
A<bbP[+ 6'%0B +S3*+8.3& # (& # X.3,"3.& # [%"..&# F%'(3&6[ + b"* + ,$+ e'/$"%*E + <,"(^$# + kW[+
XphpB
Ar;@<rb<!P[+e*#=+,$+T"-'B+^63+1V.3":B+r/E+@#="-"*&#E&/3)'&6E+P2&24%*+,$+XpYWB
AP;TrMVr[+b"0'%,*+>"8'3B+^63'(&()*#@.:"'+3')*0#("#g.%:%&G#G#X&.&:%&GB+Mf$%+f+\*f+
<,"0"*/$#[+M%8$/&"/'B
Ab<VL\[+!'N",B+95"#E&+3)'#3'#@.,*#JJf#95"#E3'"+""'+5#;"'+%.GB+r/E+HPSV>\<V![+
LD'%3$#B+G<,BI+95"#W7-).(#S3*+).G#)-#F)(".'#O&.B+PR?*%,+@/"N$%#"&f+7%$##[+CWWZB++
A@TT<b[+S"33"'-+LB[+e%B +O5&+#3*#&#F363+&.G#R"**)'i+ r/E+6M\Vg<V[+HD*-'#+;B+w+
6MrPTP[+e*#$.D+G<,BIB+!+.&+":3/#!+%(3"*f#@#U"&(".>+V*N'+r*%12$E+b*2&3$,8$[+CWWqB
;MbbM>HMƒ@[+\28*B+@6:%'*#2.)K6",&*#(&#;&C&6&.3&#",#-&/"#()#,&+".3&6#,)(".')B+
r/E+@#="-"*&#E&/3)'&6E+P2&24%*+,$+XpYXB+
XWk
;<Pb;<[+MBTB$+MB+Q<VV<HHB+;&*"#!+%(3"*#&'(#95").G#="C"6)2,"'+f#;&*"#!+%(3"* #
&'(#95").G#3'#+5"#!)/3&6#!/3"'/"*>+6rH+7%$##[+CWWYB
;<|<b[+6"0D'$3B+<*+.&+A:3&#@6",B#'&#<.&#(&*#F&$%3'&*#("#[%"..&f#YZYj?YZjc>+r/E++++
+++7Mb<H[+7$&$%B+G*%8BI+;)'*+.%+)."*#(&#<*+.&+A:3&#F)(".'&>#9),)#kB+b"*+,$+e'/$"%*E+
++++QrQTr<v[+CWWFB+
;bM|[+L*3"/+>B+@')+5".#^6))(G#;"'+%.Gf#I%+%."#O&.-&."B+T*/,%$#E+7D*$/"R[+CWWZB
;br>>P6[ + M,'-B +95" # I%+%." # )- # F363+&.G # J'')C&+3)' # !+%(3"*>+ r/E + HD$ + e*2%/'3 + *?+
>&%'&$8"0+>&2,"$#B+K*3B+Cp[+V*B+Z[+P2&24%*+,$+CWWhB
\rTHPV[ + >&'/3$fB +W # ^.&*36 # " # &* # [.&'("* # X)+"'/3&*f # W* # &*2"/+)* # 2)6D+3/)* # (& #
.3C&63(&("#/),"./3&6>#YZbl?YZbZ>+b"*+,$+e'/$"%*E+L"N"3"]'()*+Q%'#"3$"%'[+XpkkB
\PQ>QMS6[+<%"0B +<.&#()*#<7+.",)*f#^."C"#*A/%6)#mm[+>)*+7'23*[+L*-.'/D"'+,'#+
T$&%'#[+XppZB
JJJJJJJJJJJJB+<.&#()*#J,2A.3)*>+>)*+7'23*E+<,B+7']+$+H$%%'[+XpphB
JJJJJJJJJJJJB+<.&#()#;&23+&6>#>)*+7'23*E+$,B+7']+$+H$%%'[+XpphB
\PT6<>[+b"0D'%,B +^&++6"n#95"#<72".3"'/"#)-#F)(".'#;),K&+B+r/E +HPSV>\<V![+
LD'%3$#B+G<,BI+95"#W7-).(#S3*+).G#)-#F)(".'#O&.B+PR?*%,+@/"N$%#"&f+7%$##[+CWWZB++
\PSMb![+6"0D'$3B +95"#g*"#&'(#@K%*"#)-#F363+&.G#S3*+).GB +r/E +95"#@.,G#=)/+.3'" #
&'(#9.&3'3':#^%66"+3'B+K*3B+hB+/B+CB+K$%)*+,$+CWWFB+
JJJJJJJJJJJJB +S),",#C".*%*#I):)f#=)%+.3'&#W-"'*3C&#",#YZYjB+r/E+7Mb<H[+7$&$%B+
G*%8BI+;)'*+.%+)."*#(&#<*+.&+A:3&#F)(".'&>#9),)#kB+b"*+,$+e'/$"%*E+QrQTr<v[+CWWFB+
\@VHrV;HPV[+>'-2$3+7B+W#!)6(&()#"#)#<*+&()f#9").3&#2)6D+3/&#(&*#."6&4H"*#"'+." #
;3C3*#"#F363+&."*B+b"*+,$+e'/$"%*E+QrQTr<v[+XpphB
eMVPSrHƒ[+6*%%"#B+W#!)6(&()#X.)-3**3)'&6B+>)*+7'23*E+XphkB
ePV<>[+M%0D$%B+95"#@.+#)-#O&.#3'#O"*+".'#O).6(>+T*/,*/[+PR?*%,+@/"N$%#"&f+7%$##[+
XppqB
g<<;MV[ + e*D/B +S3*+8.3& # J6%*+.&(& # (& # X.3,"3.& # [%"..& # F%'(3&6[ + b"* + ,$ + e'/$"%*[+
<,"*2%*[+CWWYB
gr<b[+<3"]'4$&DB +I."'/5#&'(#^.3+3*5#F363+&.G#=)/+.3'"*#K"+_""'#+5"#O&.*>+ 7%"/0$&*/+
@/"N$%#"&f+7%$##[+V$s+e$%#$fB+XpppB
TP7<>[+e[+L*,$0$"%'[ +W.:%65)#(&#;&C&6&.3&B+r/E +@#="-"*&#E&/3)'&6E+V*N$-4%* +,$+
XpYWB
TP@bP[+e*)*+6'%0*#+6'0$,*B+;&..)*#("#@**&6+)f#!"%#2.3,"3.)#/),&'(&'+"#')#^.&*36>#
6*/*8%'?"' +,$ + 0*/032#)* +,$ + 02%#* +,$ + 8%',2'()* + $- +\"#&9%"'B + @/"N$%#",',$ + A$,$%'3+
A32-"/$/#$[+CWWqB
XWq
6MLg><|[ + g$//$&DB +=3C3*H"* # X&'1".f # W* # 2%'5)* # (" # &4)>+ \"#&9%"' + r32#&%',' + ,'+
>$82/,'+;2$%%'+62/,"'3B+>=%"$+H%*.'#[+N*3B+CB+b"*+,$+e'/$"%*E+<,"&*%'+b$/$#[+XpkYB
JJJJJJJJJB +^63'(&()*#@63&()*B+\"#&9%"'+r32#&%','+,'+>$82/,'+;2$%%'+62/,"'3B+>=%"$+
M%-'#[+N*3B+XZB+b"*+,$+e'/$"%*E+<,"&*%'+b$/$#[+XpkhB
6M;MT\„<>[+e*)*+Q'&"#&'B+@#<C)6%4B)#F363+&.#()#^.&*36>+b"*+,$+e'/$"%*E+QrQTr<v[+
XppqB
6M\Vg<V[+HD*-'#+;B+w+6MrPTP[+e*#$.D+G<,BIB+!+.&+":3/#!+%(3"*f#@#U"&(".>+V*N'+
r*%12$E+b*2&3$,8$[+CWWqB
6MTMV[+M3?%$,*+>*2&*B +F3**B)#,363+&.#-.&'/"*&#o%'+)#&)#"7"./3+)#K.&*36"3.)B+b"*+,$+
e'/$"%*E+QrQTr<v[+XppqB
6rVr>HnbrP + !M + ;@<bbMB +W # X.)K6",& # () # U"&.,&,"'+) # () # <7A./3+)B + b"* + ,$+
e'/$"%*E+r-.%$/#'+6"3"&'%[+XpFqB
6LLMVV[+A%'/t+!B+!)6(&()*#(&#Xe+.3&f#S3*+).3&#()#<7"./3+)#^.&*36"3.)B+Xqqp:XpFkB+
>)*+7'23*E+L*-.'/D"'+,'#+T$&%'#[+CWWkB
JJJJJJJJJJJJB+@63&'4&#^.&*36#<*+&()*#g'3()*n#YZbp?YZjcB+b"*+,$+e'/$"%*E+QrQTr<v[+
XppZB
6rTT<H[+M33'/B+X&++".'*#)-#F363+&.G#J'')C&+3)'B+r/E+6@bbM|[+S"33"'-#*/m+6rTT<H[+
M33'/B+G$,BI +F363+&.G#J'')C&+3)'#3'#+5"#J'+"._&.#X".3)(>+ L'-4%",8$+@/"N$%#"&f+7%$##B+
XpphB
6@bbM|[ + S"33"'-#*/m + 6rTT<H[ + M33'/B + G$,BI +F363+&.G # J'')C&+3)' # 3' # +5" # J'+"._&. #
X".3)(>+L'-4%",8$+@/"N$%#"&f+7%$##B+XpphB
JJJJJJJJJJJJB +95" # J'(%*+.3&631&+3)' # )- # O&.>+ r/E + 7Mbg<b[ + ;$*??%$fB + G<,BI +95"#
;&,K.3(:"#S3*+).G#)-#O&.-&."B+L'-4%",8$+@/"N$%#"&f+7%$##[+CWWZB
JJJJJJJJJJJJB +9)_&.(*#O).6( #O&.B+r/E+7Mbg<b[+;$*??%$fB +G<,BI +95"#;&,K.3(:" #
S3*+).G#)-#O&.-&."B+L'-4%",8$+@/"N$%#"&f+7%$##[+CWWZB
JJJJJJJJJJJJB +95" # O"*+ # &+ # O&.B + r/E + 7Mbg<b[ + ;$*??%$fB + G<,BI +95" # ;&,K.3(:" #
S3*+).G#)-#O&.-&."B+L'-4%",8$+@/"N$%#"&f+7%$##[+CWWZB
JJJJJJJJJJJJB +95"#O).6(#3'#;)'-63/+B+r/E+7Mbg<b[+;$*??%$fB+G<,BI +95"#;&,K.3(:" #
S3*+).G#)-#O&.-&."B+L'-4%",8$+@/"N$%#"&f+7%$##[+CWWZB
JJJJJJJJJJJJm+gVPv[+6'0;%$8*%+G$,BIB+95"#=G'&,3/*#)-#F363+&.G#U"C)6%+3)'f#Ybll?
klclB+L'-4%",8$+@/"N$%#"&f+7%$##B+CWWXB+
V<HP[ +6'/2$3+!*-"/8*#B +@/"./&#(&#F)(".'31&4B)#()#<7"./3+)B+r/E +;),%'3/&4B)#"#
X)6D+3/&B+b"*+,$+j'/$"%*E+NB+CC[+/B+Fm+CWWYB+
JJJJJJJJJJJJB+++J'-6%a'/3&#"*+.&':"3.&#"#6%+&#3'+".'&#')#<7A./3+)#LY]]Z?YZblMB+r/E+++++++
XWp
+++bP@z@rn[+M3'"/B+W*#X&.+3()*#F363+&."*#')#^.&*36B+b"*+,$+e'/$"%*E+<,B+b$0*%,[+XpqWB+
JJJJJJJJJJJJB +[&,"63'0 # W # ,)(".'31&(). # () # <7"./3+)B + r/E +9"'*H"* # F%'(3&3*[+
A*%&'3$]'[+NB+F[+/B+Y[+j'/Uj2/B+CWWkB+++
JJJJJJJJJJJJB+;*3,*/"[+T2"#+b*8=%"*+A%'/0*B+9"/')6):3&#F363+&.#')#<*+&()#E)C)>r/E+
V<HP[+6'/2$3 +!*-"/8*#B + G*%8BI +W #F363+&. # "# &#;3a'/3& # ')#^.&*36> #b"* +,$+ e'/$"%*E+
;%'--'[+CWXWB++
Pb;rTT[+!*283'#B+9&'$%"*#N#YZY]>#E&*/",#)*#K63'(&()*>+\"#&9%"'+r32#&%','+,*+#=023*+
,$+N"*3i/0"'B+K*3B+XYB+b"*+,$+e'/$"%*E+<,"&*%'+b$/$#[+XpkpB
7MrKM+L\MK<>[+L'%3*#+A3*%$#+,$B+=&#F)+).31&4B)#"#(&#,"/&'31&4B)#(&#;&C&6&.3&B+
L*/?$%$/0"'+%$'3"]','+/*+L2%#*+,$+r/?*%-'(^$#+,'+<#0*3'+,$+<#&',*+6'"*%[+XpFhB+r/E+
U"C3*+&#F363+&.#^.&*36"3.&E+XpFkB+
7Mb<H[+7$&$%B+G*%8BI +;)'*+.%+)."*#(&#<*+.&+A:3&#F)(".'&>#9),)#kB+b"*+,$+e'/$"%*E+
QrQTr<v[+CWWFB+
7Mbg<b[+;$*??%$fB+G<,BI +95"#;&,K.3(:"#S3*+).G#)-#O&.-&."B+L'-4%",8$+@/"N$%#"&f+
7%$##[+CWWZB
7<b<;brVP[+@-4$%&*B+;.q'3/&#S3*+8.3/&f#<*$%&(.B)#("#@%+)?,"+.&65&().&*0#;"'+.) #
(" #J'*+.%4B)# (" #,)+)?,"/&'31&4B) # "# <*/)6& #(" # F)+)?,"/&'31&4B)B +b"* + ,$+ e'/$"%*E+
XpkpB
JJJJJJJJJJJJB+W#X.)K6",&#(&#F)+),"/&'31&4B)B+r/E+@#="-"*&#E&/3)'&6E+>$&$-4%*+,$+
XpFqB+
JJJJJJJJJJJJB+@#F)+),"/&'31&4B)#"#&#;&C&6&.3&>+7'3$#&%'+.%*?$%",'+/'+r/#.$&*%"'+,$+
L'N'3'%"'+$-+XpYXB+r/E+@#="-"*&#E&/3)'&6E+M8*#&*+,$+XpYXB
7PbL\[+!*283'#B+J,2".3&6#O&.*n#-.),#+5"#!"C"'#r"&.*#O&.#+)#I3.*+#O).6(#O&.>+r/E++++
++HPSV>\<V![+LD'%3$#B+G<,BI+95"#W7-).(#S3*+).G#)-#F)(".'#O&.B+PR?*%,+@/"N$%#"&f+
7%$##[+CWWZB++
7P><V[+Q'%%f+bB +95"#!)%./"* #)-#F363+&.G #=)/+.3'"f #I.&'/"0#^.3+&3'#&'(#[".,&'G #
K"+_""'#+5"#_).6(#_&.*B+V*N'+r*%12$E+L*%/$33+@/"N$%#"&f+7%$##[+XpqYB
7PH|;@MbM[+6*'0"%B +@#F)+),"/&'31&4B)#"#&#;&C&6&.3&B+r/E +@#="-"*&#E&/3)'&6E+
M4%"3+,$+XpYXB+
bM6P>[+S'3-"%+,$+M%'%".$B+U"2).+&:",B+r/E+@#="-"*&#E&/3)'&6E+6'%(*+,$+XpFqB
b<r>[+>*2]'B +;&..)*#("#@**&6+)#"#()%+.3'&*#("#/),K&+"#'&#@6",&'5&#"#gU!!B+r/E +@#
="-"*&#E&/3)'&6E+A$N$%$"%*+,$+XpFqB
bP><V[+>&$.D$/+7$&$%B +O3''3':#+5"#E"7+#O&.f#J'')C&+3)'#&'(#+5"#F)(".'#F363+&.GB+
V*N'+r*%12$E+L*%/$33+@/"N$%#"&f+7%$##[+XppXB
XXW
bP@z@rn[+M3'"/B+W*#X&.+3()*#F363+&."*#')#^.&*36B+b"*+,$+e'/$"%*E+<,B+b$0*%,[+XpqWB
><bbMVP[+6'%0$3*+P3"N$"%'+T*.$#B+X"*$%3*&.#/),#."6"Cd'/3&>+b"*+,$+e'/$"%*E+b$N"#&'+
++7M!<L<6<[+.%"-$"%*+&%"-$#&%$+,$+CWWqB
>rTKM[+Q$/50"*+,'B +W#W-3/3&6#("#;&C&6&.3&f#;),)#A0#/),)#("C"#*".B+b"*+,$+e'/$"%*E+
eB6BPBLB[+XpFhB++
>PMb<>[+6'2%"0"*+,$+>B+6'33$&B +@#F)(".'31&4B)#')#<7A./3+)#^.&*36"3.)f#W#/&*)#(& #
F"/&'31&4B)#(&#;&C&6&.3&B+H$#$+,$+6$#&%',*+$-+</8$/D'%"'+,$+.%*,2()*[+,$?$/,",'+
/'+LP77<:@Abe[$-+XppFB
>KMbH6MV[+<,2'%,*+62/D*]B+=326),&+&*0#X)6D+3/)*#"#F363+&."*f#@*#C3*H"*#()#^.&*36 #
*)K."#&#@.:"'+3'&#(%.&'+"#)#<*+&()#E)C)B+7'##*+A2/,*E+<!r@7A[+XpppB
HPSV>\<V![+LD'%3$#B+G<,BI+95"#W7-).(#S3*+).G#)-#F)(".'#O&.B+PR?*%,+@/"N$%#"&f+
7%$##[+CWWZB++
)KYb^JSL*J^L^_HTSL
M%12"N*+\"#&9%"0*+,*+<R$%0"&*[+b"*+,$+e'/$"%*B
M%12"N*+V'0"*/'3[+b"*+,$+e'/$"%*B
Q"43"*&$0'+FX+,$+-'%(*[+<L<6<B+b"*+,$+e'/$"%*B
L$/&%*+,$+!*02-$/&'()*+,*+<R=%0"&*B+Q%'#53"'B+
(SMb[O]_SL*O*3bnI^MHcdOL
@#="-"*&#E&/3)'&6f#U"C3*+&#("#@**%'+)*#F363+&."*B+K*32-$#+$/&%$+XpXF+$+XpYFB++
U"C3*+&#@#E&4B)#@.,&(&>+K*32-$#+$/&%$+*#+'/*#+,$+XpYX+$+XpYFB
U"C3*+&#F363+&.#^.&*36"3.&B+K*32-$#+$/&%$+'/*#+,$+XpXq+$+XpYXB
%]TOKOcSL*]H*#]_OK]O_
L'4'33$%"'+,$3+<j$%0"&*+M%8$/&"/*E+D&&.EUUsssB0'4'33$%"'B$j$%0"&*B-"3B'%U
M0$##*+"-.$,",*B+</,$%$(*+,$"R*2+,$+?2/0"*/'%+'.9#+CWXWB+>$-+.%']*+,$+%$&*%/*B
@/"N$%#",',$+A$,$%'3+,$+e2"]+,$+A*%'+O+@AeAU!$?$#'+$+L$/&%*+,$+7$#12"#'#+<#&%'&=8"0'#+
D&&.EUUsssB$0#4,$?$#'B0*-B4%U,$?$#'U"/,$RB.D.}*.&"*/…0*-J?%*/&.'8$wr&$-",…X+
@3&"-*+'0$##*+$-E+WXUXCUCWXXB++
XXX
++++
+
+++++++++++++++++++
++++++++++
+
+
+
XXC