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a4 =3 E32 3 32;3>16B?3<53 61B=3 6BK9: ;3B:2 =3;:1?3<5:2 >:<>3=1=:2 ;3B6 =:>A?3<5679: >3=1=6 ;3B6 1<L1<156 D3<34:21=6=30 :2 ;4:L322:432 =: 32;3>16B?3<53 6 ;4:L322:46 BNK16 =3 N 3=43146 ?1<F6 :413<56=:46 ;3B62 :413<567H32 >:<K34262 1<L:4?612 3 >:?;433<29: 3 6?1O6=3 <62>3<530 6 :<65: ;4:L322:4 3 6?1D: ;3B62 :413<567H32 6?1O6=3 3 6;:1:0 :2 6?1D:2 =6 6>6=3?16 3 =6 K1=6! 1>F3BB3 62>:6B 6 =416<6 654U>1: @A3 ?3 3<21<:A 6 D:2564 =3 34536A <: D4A;: =3 325A=: 3 D46<=3 >:?;6<F3146 =3 K16D3? 6C16<: 16<6 6?1D: @A3 <A<>6 =31X6431 =3 23<514 L6B560 aB >641:>6 ?6443<56 @A3 3253K3 =: ?3A B6=: <: ?:?3<5: ?612 >4U51>: =6 ?1<F6 K1=60 B2:< 3 $321 ;3B6 6?1O6=3 3 >641<F: =3=1>6=:2 ;3B62 >:<K34262 23? 23<51=: <: ?2< 4126=62 43>B6?67H32 B6?3<567H32 :413<567H32 433<>:<54:20 1B?64 ;3B62 >:<K34262 6>34>6 =3 <:22:2 546C6BF:2 3 6?1O6=3 3 6 K6 23?;43 59: =:>3 3 6?NK3B0 :2 =3?612 >:B3D62 =: ?32546=: ;3B: >:?;6<F31412?: 3 =1NB:D:0 $ 6<=41<F: 6<1 Z: :A4=32 c64B1<F6 6@A3B F6126 6?1D:2 @A341=:2 23?;43 ;4323<532 3? ?1<F6 K1=60 2 ?1<F62 G>F3L1<F62I 6<=46 ;:4 >:?;433<=34 ?1<F62 6A2P<>162 3 6 412516<3 ;3B6 <:4?651O679: =: 546C6BF: 3 ;3B6 6?1O6=3 >:<254AU=6 <32232 =:12 6<:2 =3 1<125Z41: YCB1>:0 32A?: 253 546C6BF: 53? >:?: :CQ351K: 6<6B1264 6 6;4:;41679: =: 32;67: ;3B: ;:=34 ;YCB1>:0 <543 :2 6<:2 &'S( 3 &'(* 6 >1=6=3 =3 656B L:1 6=?1<12546=6 ;3B: ;43L315: Q6B?6 646<F9: B1=346<76 ;:BU51>6 ?64>6=6 ;3B62 C6<=31462 <6>1:<6B12562 =: ;34U:=: @A3 346? 6 BA56 >:<546 : 1?;3416B12?: 3 6 3?6<>1;679: =: ;:K: 6546KZ2 =: @A3 23 =3<:?1<:A >AB5A46 ;:;AB640 534?: D6<F:A A?6 >:<:5679: ;:BU51>6 6: ?32?: 53?;: 3? @A3 346 3<53<=1=: >:?: 6 ?612 ;A46 ?6<1L325679: =: ;:K: C4621B314:0 ?:?3<5: ;:BU51>: 21D<1L1>:A 56?CZ? A? <:K: :BF64 2:C43 6 >1=6=3 <6 ?3=1=6 3? @A3 : 6<231: =3 ;4:D4322: =3 1<=A25416B1O679: 3 =3 43L:4?62 2:>1612 ;4:;6D6=: ;3B6 ;:BU51>6 3? [?C15: <6>1:<6B 43LB351A =14356?3<53 <62 546<2L:4?67H32 <: 23A 32;67: LU21>:0 3<54: =3226 :413<5679: <6>1:<6B1256 6 ;43L315A46 3?;433<=3A 67H32 21253?651O6=62 L43<53 \2 <:K62 <3>3221=6=32 A4C6<62 @A3 2A4D16? 6: ?32?: 53?;: 3? @A3 546<2L:4?:A 6BDA?62 ;46762 =6 >1=6=3 3? 32;67:2 >AB5A4612 =3<:?1<6=:2 ;46762 =3 >AB5A460 2232 32;67:2 346? =3251<6=:2 \ ;4:?:79: =6 >AB5A46 ;:;AB64 6: ?32?: 53?;: 3? @A3 346 A? 32;67: 325465ZD1>: =3 ;4:=A79: 3 43>3;79: =:2 K6B:432 =3L3<=1=:2 ;:4 Q6B?6 646<F9:0 3223 23<51=: ;4:>A46?:2 432;:<=34 @A6B L:1 : ;:21>1:<6?3<5: =: ;43L315: L43<53 \2 =3?6<=62 A4C6<62 @A3 2A4D16? 3 >:?: 62 ;46762 =3 >AB5A46 L:46? 23<=: 1<>:4;:46=62 6: >:51=16<: =6 >1=6=3 6541CA1<=: <:K:2 23<51=:2 \ ;4676 ;YCB1>60 646 6 >:<254A79: =3253 546C6BF: 43>:443?:2 \2 L:<532 :4612 3 6:2 ;341E=1>:2 :2 Q:4<612 3 >:?: ;41<>1;612 43>A42:2 ?35:=:BED1>:20 6B6K462>F6K3! >AB5A46 ;:;AB64 ;4676 =3 >AB5A46 656B0 32A?Z 3 ;4Z23<5 53X53 K123 \ 6<6B1234 B6 6;4:;41651:< =3 B^32;6>3 ;64 B3 ;:AK:14 ;ACB1@A30 <543 B32 6<<Z32 &'S( 35 &'(* B6 K1BB3 C4Z21B13< =3 656B 6 Z5Z 6=?1<1254Z ;64 B3 ?6143 Q6B?6 646<F6: =141D36<52 ;:B151@A32 ?64@AZ32 ;64 =32 1=Z32 <651:<6B12532 >:??3 B6 BA553 >:<543 B^1?;Z416B12?3 35 B^Z?6<>1;651:< =A ;3A;B3 6 546K342 =3 >3 @A3 B^:< 6;;3BB3 _ >AB5A43 ;:;AB6143 `0 3 534?3 6 6>@A12 A<3 >:<<:5651:< ;:B151@A3 3< ?P?3 53?;2 =6<2 >3 @A1 Z5615 >:<21=Z4Z >:??3 B6 ;BA2 ;A43 ?6<1L325651:< =A ;3A;B3 C4Z21B13<0 6 =a<6?1@A3 ;:B151@A3 21D<1L13 6A221 A< <:AK36A 43D64= 2A4 B6 K1BB3 3<@A6<5 @A3 B3 =Z214 =3 ;4:D4b2 =3 1<=A25416B12651:< 35 =3 4ZL:4?32 2:>16B32 ;4:;6DZ3 =6<2 B6 ;:B151@A3 <651:<6B3 C4Z21B13<<3 =143>53?3<5 546=A15 ;64 =32 >F6<D3?3<52 =6<2 2:< 32;6>3 ;Fa21@A30 6<2 >3553 :413<5651:< <651:<6B1253 B6 K1BB3 6 3<543;412 =32 6>51:<2 2a25Z?651@A32 \ B^3<>:<543 =32 <:AK36AX C32:1<2 A4C61<2 @A1 23 ;:23<5 3< ?P?3 53?;2 @A3 5:A4<Z >34561<2 ;B6>32 =3 B6 K1BB3 \ 32;6>32 >AB5A43BB32 6;;3BZ3 _ ;B6>32 =3 B6 >AB5A43 `0 32 32;6>32 2:<5 =3251<Z2 \ B6 ;4:?:51:< =3 B6 >AB5A43 ;:;AB6143 3< ?P?3 53?;2 1B 6 Z5Z A< =:?61<3 25465ZD1@A3 =3 B6 ;4:=A>51:< 35 B6 4Z>3;51:< =32 K6B3A42 =ZL3<=A32 ;64 Q6B?6 646<F6:0 < >3 23<2 <:A2 6K:<2 =3?6<=Z 4Z;:<=43 @A3BB3 6 Z5Z B6 ;:2151:< =A ?6143 L6>3 \ B6 C32:1<2 A4C61<32 @A^1B2 23 ;:2613<5 35 >:??3 B32 ;B6>32 =3 B6 >AB5A43 2:<5 1<5ZD4Z \ B6 K13 @A:51=13<<3 =3 B6 K1BB3 =3 656B =:<<6<5 A<3 <:AK3BB3 21D<1L1>651:< \ B6 ;B6>3 ;ACB1@A30 :A4 B6 >:<254A>51:< =3 >3 546K61B <:A2 A51B12:<2 B32 2:A4>32 :46B32 35 =3 43KA32 =3 Q:A4<6AX 35 =3 35 >:??3 B3 ;41<>1;6B 4322:A4>32 ?Z5F:=:B:D1@A320 :5>BZ2 ! AB5A43 ;:;AB6143 ;B6>3 =3 >AB5A43 656B &- .- )& :5: =: 1<N21: A<1>1;6B 65A6B D1<N21: Q6B?6 646<F9:000000000000000000000000000/S ). :5: =6 <6ADA4679: =6 4676 =3 >AB5A4600000000000000000000000000000000000000000000000000000'/ )T :5: =6 B:Q6 =3 B1K4:2 <6 4676 =3 AB5A4600000000000000000000000000000000000000000000000000000'/ )* :5: =6 -1CB1:53>6 :;AB64 :<5314: :C65:0000000000000000000000000000000000000000000000000&)& )S :5: =6 -1CB1:53>6 :;AB64 6254: BK320000000000000000000000000000000000000000000000000000000&)& )( :5: =6 6B3416 =3 4530000000000000000000000000000000000000000000000000000000000000000000000000000000000&)/ )d :5: =6 3X;:2179: =: 6451256 F1>: 6<5314: <: 1<5341:4 =6 6B3416 =3 45300&)/ )/ :5: =: 1<5341:4 =6 6B3416 =3 4530000000000000000000000000000000000000000000000000000000000000000&)' &- /- - 4D3<51<6 -4621B 3 F1B3 B16<76 6>1:<6B 1C3456=:46 79: :;AB64 :?;6<F16 =3 DA6 3 2D:5: 61X6 >:<e?1>6 3=346B :?1229: >:<e?1>6 ;646 6 ?Z41>6 651<6 -- :<L3=34679: 6>1:<6B =:2 -12;:2 =: -4621B :?;6<F16 =3 34K17:2 BZ541>:2 =: 1: 46<=3 =: :453 3<54: :;AB64 =3 AB5A46 1435:416 =3 :>A?3<5679: 3 AB5A46 3;6456?3<5: =3 1LA29: 3 AB5A46 3;6456?3<5: =3 :>A?3<5679: 3 <L:4?679: 3;6456?3<5: =3 :4?679: =3 AB5A46 256=:2 <1=:2 A<=679: =3 6C15679: :;AB64 <2515A5: =: 7Y>64 3 =: B>::B - <2515A5: -4621B314: =3 >:<:?16 :>1:B:D16 3 :BU51>6 - <2515A5: A;341:4 =3 25A=:2 -4621B314:2 :K1?3<5: =3 AB5A46 :;AB64 - :K1?3<5: =3 =A>679: =3 -623 4D6<1O679: =62 67H32 <1=62 - 6451=: :?A<1256 -4621B314: 6451=: :;AB64 6451=: :>16B 3?:>4656 6451=: :>16B 4:D43221256 - 6451=: :>16B1256 -4621B314: - 6451=: 46C6BF1256 -4621B314: 6451=: 46C6BF1256 6>1:<6B 34K17: ::;34651K: =3 =A>679: =: 1: 46<=3 =: :453 A;341<53<=P<>16 =3 323<K:BK1?3<5: =: :4=3253 3B3L:<16 =: 1: 46<=3 =: :453 <19: 3?:>4N51>6 6>1:<6B <19: 6>1:<6B =:2 25A=6<532 $ <1K3421=6=3 3=346B =: 1: =3 $6<314: <1K3421=6=3 3=346B =: 1: 46<=3 =: :453 <1K3421=6=3 =3 9: 6AB: $%0(#+ #23(+%45+ &) 6 7 8 * 9 2+:5+,,,8 %&3%( +%&( * (4$ * %&3%( .&0 $ f .0.0 .0T0 g -g .0* - .0S f! &' ; $ 3(2$.+(4<*$ %()2=$3#$ 2+ *$4+ .=$#+ #*2$#2#$3(4<*$*>&(2:5+ T0& T0. - T0T # -f $ ;,;,(? --- ?- 2 ;,;,6-@/A-C SS !$(4$*%&3%(2+D+E*(2+>&(2:5+ *0& ! h - *0. , $ !,6,+FC- !,6,6 C-G C *0T , !,;,# !,;,6)-/-CF !,;; H /II d( d/ J+2$#*(4<*$.#2#$ &&& (*.*(K2#$ &&. .S TS T' ** S& S( (. (* (S (d /* /( /' 'S 'd '' &)T #23(+%45+ 253 546C6BF: Z A? 325A=: 2:C43 6;4:;41679: =: 32;67: ;3B: ;:=34 ;YCB1>:0 <543 :2 6<:2 &'S( 3 &'(* 6 >1=6=3 =3 656B L:1 6=?1<12546=6 ;3B: ;43L315: Q6B?6 646<F9: @A3 <6 Z;:>6 43;4323<56K6 6 ?61:4 B1=346<76 ;:BU51>6 L:46 =:2 @A6=4:2 =62 :B1D64@A162 @A3 =141D16? : ;:=34 3256=A6B0 546Q35E416 ;:BU51>6 =: ;43L315: L:1 ?64>6=6 ;:4 2A6 ;6226D3? ;3B: 6451=: :?A<1256 3 ;:4 ;6451=:2 =3 C623 <6>1:<6B12560 <6>1:<6B12?: =3L3<=1=: ;:4 Q6B?6 646<F9: >:<212516 <6 BA56 >:<546 : 1?;3416B12?: 3 <6 3?6<>1;679: =: ;:K: 6546KZ2 =: @A3 23 =3<:?1<:A >AB5A46 ;:;AB640 3<54: =3226 :413<5679: <6>1:<6B1256 6 ;43L315A46 3?;433<=3A 67H32 21253?651O6=62 L43<53 \2 <:K62 <3>3221=6=32 A4C6<62 @A3 2A4D16? 6: ?32?: 53?;: 3? @A3 ;4:?:K3A A? ?:K1?3<5: ;:;AB64 6 >6?;6<F6 3 1<>:4;:4:A 6: >:51=16<: =6 >1=6=3 32;67:2 >AB5A4612 546<2L:4?6<=: 6BDA?62 ;46762 3? ;46762 =3 >AB5A460 3223 23<51=: @A6B L:1 : ;:21>1:<6?3<5: =: ;43L315: L43<53 \2 =3?6<=62 A4C6<62 @A3 2A4D16? 3 >:?: 62 ;46762 =3 >AB5A46 L:46? 23<=: 1<>:4;:46=62 6: >:51=16<: =6 >1=6=3 6541CA1<=: <:K:2 23<51=:2 \ ;4676 ;YCB1>6i ?64>: =3 2A6 6=?1<1254679: L:1 6 >6?;6<F6 =3 3446=1>679: =: 6<6BL6C3512?: 1<2;146=6 <: :K1?3<5: =3 AB5A46 :;AB64 %+ =3 34<6?CA>: LA<=6=: 3? &'()0 ? &'(& 6 43L315A46 L3O A? >:<KP<1: >:? : 3 6AX1B16432 =3 Q6B?6 646<F9: L:46? 6 3>1L3 >:<F3>34 : :K1?3<5:0 3<=: >:?: 43L34P<>16 : 3 : ?Z5:=: 6AB: 43143 6 43L315A46 >41:A : 1K4: =3 315A46 3 Z <: F9: 6?CZ? 23 ;43<=3 6 34 3 :;5:A ;3B6 1<256B679: =3 46762 =3 AB5A46 =6 6B3416 =3 453 3 =62 -1CB1:53>62 :;AB64320 62 =A62 6=?1<125467H32 =3 Q6B?6 646<F9: 62 67H32 >AB5A4612 =: ?A<1>U;1: @A623 23?;43 6>:<53>346? 3? LA<79: =6 6?;6<F6 3<54356<5: :>A;646? 3? >345:2 ?:?3<5:2 32;67:2 32;3>UL1>:2 >:?: 62 ;467620 2 ;46762 =3 >AB5A46 2A4D146? =3<54: =: >:<53X5: =:2 ?:K1?3<5:2 =3 >AB5A46 ;:;AB64 <:2 ;41?314:2 6<:2 =6 =Z>6=6 =3 &'() <: -4621B0 2 ?:K1?3<5:2 =3 >AB5A46 ;:;AB64 A51B1O6K6?23 =3 1<254A?3<5:2 3 ?Z5:=:2 ;4E;41:2 =3 546C6BF:0 6BL6C351O679: =3 Q:K3<2 3 6=AB5:2 3 62 ;46762 =3 >AB5A46 346? >6?1<F:2 ;646 23 >F3D64 6: ;YCB1>:0 2 ;46762 =3 >AB5A46 LA<>1:<6K6? >:?: >3<54:2 =3 43>43679: 3 3=A>679: B:>6B1O6=:2 3? C6144:2 ;:;AB64320 ? 656B 62 ;46762 =3 >AB5A46 346? BAD6432 =3251<6=:2 \ =1K3429: 3 6: B6O34 =6 ;:;AB679:0 3DA<=: E32! 2 ;46762 >:<2515AU6?23 =3 ;64@A3 1<L6<51B K126<=: 654614 6 1<L[<>16j A? >6?;: =3 32;:4532! C62@A353 K:B31C:B LA53C:B =3 26B9: >:? 6 L1<6B1=6=3 =3 >:<D43D64 6 QAK3<5A=3 A? 53B3L:<3 ;YCB1>: =3 1<5343223 D346B 3 A?6 C1CB1:53>6 >:?: C623 LA<=6?3<56B0& ;41?3146 3X;341P<>16 =3 4676 =3 AB5A46 L:1 <: 23DA<=: 23?32543 =3 &'(&0 A46<53 A?6 23?6<6 A?6 ;4676 =6 >1=6=3 L:1 :>A;6=6 >:? C6446>62 ;646 6 L3146 =3 B1K4:2 =3 =12>:2 3 64532 ;BN251>62 645326<65: ;ACB1>67H32 <:153 =3 6A5ED46L:2 3<543 :A462 651K1=6=320. ? &'(. L:46? 1<256B6=62 62 ;46762 =3 >AB5A46 =3 >64N534 ;34?6<3<530 2 ;46762 346? 6=?1<12546=62 ;3B6 1435:416 =3 :>A?3<5679: 3 AB5A46 %+ =141D1=6 ;:4 61B=3 6BK9:0 3253 6<: L:46? 1<256B6=62 3? =3O ;46762 =6 >1=6=3 ;64@A32 1<L6<512 3 @A6=462 =3 32;:45320 2562 ;46762 ;:25341:4?3<53 23416? 546<2L:4?6=62 3? ;46762 =3 >AB5A460 :?: ;46762 =3 >AB5A46 3251K346? 3? LA<>1:<6?3<5: 65Z : L1? =: D:K34<: @A654: ;46762 <:2 23DA1<532 C6144:2! 6 ;4676 =3 >AB5A46 ;341E=1>6 <6 4676 c3<<3=a <6 1=6=3 B56 3 62 ;34?6<3<532 <62 "A1<562 <62 :>62 3 <6 1=6=3 B560 2562 ;46762 >:<56K6? >:? ;:25:2 =3 3?;4Z251?:2 =3 B1K4:2 >F6?6=:2 -1CB1:53>62 :;AB6432 3 43>3C16? <:?32 =3 32>415:432 <6>1:<612! -1CB1:53>6 :;AB64 6254: BK32 %"A1<562+j -1CB1:53>6 :;AB64 :<5314: :C65: %:>62+j 3 -1CB1:53>6 :;AB64 $:2Z =3 B3<>64 %4676 <=4Z =3 BCA@A34@A3 1=6=3 B56+0 4676 <=4Z =3 BCA@A34@A3 L:1 3? &'(T ?:=1L1>6=6 D6<F6<=: A?6 6B3416 =3 453 A?6 :<>F6 >Y251>6 3 A?6 -1CB1:53>6 :;AB64 ?3262 =3 B315A46 6: 64 B1K43 53B6 ;646 ;4:Q379: =3 L1B?32 3 ;622:A 6 4676 =3 AB5A46 <=4Z =3 BCA@A34@A30 B153465A46 ;4:=AO1=6 43L343<53 \ 6=?1<1254679: ?A<1>1;6B =3 Q6B?6 646<F9: 3253K3 =3=1>6=6 \2 6<NB1232 2:C43 6 >6?;6<F6 ?:K1?3<5: ;:;AB64 ;4:?:K1=: ;3B6 ;43L315A46 >AQ6 L1<6B1=6=3 346 3446=1>64 : ;4:CB3?6 =: 6<6BL6C3512?: 3? 656B0 A54: 53?6 C6256<53 43>:443<53 29: 62 6<NB1232 2:C43 6 =156=A46 ?1B1564 3? @A3 Q6B?6 646<F9: 3 23A2 622322:432 L:46? ;432:2 3 =32515AU=:2 =3 23A2 >64D:20 9: 53?:2 >:<F3>1?3<5: 2:C43 325A=:2 @A3 K3423? 2:C43 62 ;46762 =3 >AB5A46 32;3>1L1>6?3<530 2 546C6BF:2 ;4:=AO1=:2 29: =3 =1K34262 :41D3<2! ?3?:416B12562 ;4:=A7H32 >:?3?:4651K62 C1:D4NL1>62 3 6>6=P?1>62 23<=: 32532 YB51?:2 ;4:=A7H32 =3 2:>1EB:D:2 >13<512562 ;:BU51>:2 F125:416=:432 3 ;3=6D:D:20 :6>a4 =30 ! "#$ 0 656B! 45;41<5 .))) ;0&*T0 =0 C1=0 ;0&))0 <543 :2 546C6BF:2 ;4:=AO1=:2 =3<54: =6 A<1K3421=6=3 3<>:<546?:2 KN4162 6<NB1232 32;3>UL1>62 2:C43 6 6?;6<F6 3 1<K3251D67H32 @A3 23 =3=1>646? 6 >6?;6<F62 ;:;AB6432 =1K34262 :>:441=62 <:2 6<:2 =3 &'()0 : 5:>6<53 6:2 546C6BF:2 @A3 3<L:>6? ;6451>AB64?3<53 6 6?;6<F6 ?343>3? =3256@A3 : =3 E32 %&'/)+ 34?6<: %&'/.+ 1BK6 %&'''+ 64K6BF: %.)))+ 3 :A46 %.)).+T0 ;4:L322:4 :6>a4 =3 E32 %>F3L3 =3 D6C1<353 <6 ;41?3146 6=?1<1254679: 3 23>435N41: =6 =A>679: <6 23DA<=6+ L:1 A? =:2 1=36B1O6=:432 =6 >6?;6<F60 ? &'()'*'()+,-. /0 : 6A5:4 54656 =6 ;:BU51>6 3? 656B 3 <: 1: 46<=3 =: :453 6 ;64514 =:2 6<:2 &'T) : 2A4D1?3<5: =: 1$ 65Z &'() >:? Q6B?6 646<F9: <6 ;:BU51>6 :2 ?:K1?3<5:2 =3 3=A>679: 3 6 6?;6<F6 2A62 :41D3<2 :CQ351K:2 >646>534U251>62 3 5Z4?1<:0 ;41?314: 546C6BF: 6>6=P?1>: <6 6 325A=64 6 6?;6<F6 L:1 ;4:=AO1=: ;3B: ;4:L322:4 $:2Z k1BB1<D5:< 34?6<: 3? 2A6 =122345679: =3 32546=: - 2 6 :C46 : 6A5:4 53>3 A?6 =12>A229: 2:C43 ;:BU51>6 3 3=A>679: <6 =Z>6=6 =3 () 1<2341<=: 6 >6?;6<F6 =3<54: =3223 >:<53X5:0 12>A53 6 ;:BU51>6 <: 1: 46<=3 =: :453 62 3B317H32 =3 &'() ;646 : D:K34<: 3256=A6B 3 ?A<1>1;6B 6 >6?;6<F6 2A62 :41D3<2 :CQ351K:2 :4D6<1O679: =323<K:BK1?3<5: 6BZ? =3 A?6 =12>A229: 2:C43 62 C6232 >:<>3;5A612 =6 >6?;6<F60 ;3=6D:D6 6416 =6 A16 =3 :AO6 1BK6 3? 2A6 =122345679: =3 32546=: ! " . 3 40 15 3 %&'''+ L6O A? 325A=: C1:D4NL1>: 2:C43 Q6B?6 646<F9: 43>:<2515A1<=: 62;3>5:2 =6 546Q35E416 =: F:?3? ;YCB1>: 3<L651O6<=: 6 2A6 65A679: >:?: 32;:451256 Q:4<6B1256 2:C435A=: 2A6 ?1B15[<>16 ;:BU51>6 >:?: ;43L315: =3 656B %&'S(&'S'R&'()&'(*+0 5323 =3 :A5:46=: =6 ;4:L322:46 6416 B1O353 A1?64932 64K6BF: "7 222'()'*'()+890.00%.)))+ 546C6BF6 >:? : =3;:1?3<5: =:2 :4D6<1O6=:432 ;4:L322:432 6BA<:2 3 =6 >:?A<1=6=3 =6 1B6 =3 :<56 3D46 65:432 1?;:456<532 =6 6?;6<F60 :6>a40 0 &'()'*'()+,- A?6 32>:B6 =3?:>4N51>60 .03=0 9: 6AB:! :453O &''&0 $:2Z0 k1BB1<D5:<0 76 >6?;6<F6 =3 ;Z <: >F9:0 9: 6AB:! A5:432 22:>16=:2j :453O &'/.0 %:B379: 53:416 3 ;4N51>62 2:>1612+0 6416 =6 A16 =3 :AO60 ! "..0015 , &'''0 122345679: %32546=: 3? =A>679:+ 656B l&'''m0 6416 B1O353 64K6BF:0 "7222'()'*'()+7: 53253?A<F: =:2 ;6451>1;6<5320 .)))0 323 %:A5:46=:+ 656Bl.)))m0 46<>12>6 ,A1B?6 :>F6 =30 ":015! 6 3=A>679: ;:;AB64 <: 1: 46<=3 =: :453 %&'()&'(*+0 .)).0 :<:D46L16 %46=A679: 3? 125E416+ 3;6456?3<5: =3 125E416 <1K3421=6=3 3=346B =: 1: 46<=3 =: :4530 656Bl.)).m0 46<>12>6 ,A1B?6 =3 :A46 3? 2A6 ?:<:D46L16 =3 >:<>BA29: =: >A42: =3 125E416 =6 1<515AB6=6 ":15-.5. ; <0 * '()=*'()+ %.)).+ L6O A? 325A=: >:?;64651K: 6>34>6 =:2 54P2 ?:K1?3<5:2 =3 3=A>679: ;:;AB64 =323<K:BK1=:2 <: 1: 46<=3 =: :453 <6 =Z>6=6 =3 &'() 6 26C34! 3 : - %:K1?3<5: =3 =A>679: =3 -623+ 3 += : Z5:=: 6AB: 431430 X1253? 56?CZ? :2 546C6BF:2 @A3 23 =3=1>6? 6 325A=64 :2 ?:K1?3<5:2 =3 3=A>679: ;:;AB64 <6 =Z>6=6 =3 &'() 3? D346B0 : 325A=64 32232 ?:K1?3<5:2 5612 546C6BF:2 6<6B126? 56?CZ? 6 >6?;6<F6 0 :=3?:2 =3256>64 54P2 546C6BF:2 >:? 32262 >646>534U251>62! >.5. >.5. 0* =3 6A5:416 =6 ;4:L322:46 6<1B=6 61K6 %&'/d+ @A3 54656 =62 :41D3<2 =6 3254A5A46 =: ?:K1?3<5: =62 651K1=6=32j >0.0 $0- 0. . 0 &<- '()=*'()(,S 32>415: ;:4 $A251<6 K6 %&'/'+ @A3 6<6B126 3<543 :A54:2 622A<5:2 =: 3<K:BK1?3<5: =:2 325A=6<532 23>A<=6412562 3 A<1K34215N41:2 <6 >6?;6<F6 3 6 ;6451>1;679: =3 Q6B?6 646<F9: QA<5: 6:2 325A=6<532 <62 BA562 <6>1:<6B12562 =: ;34U:=:j . 0. >.5 . - 7 )= =3 2?64 NK34: %&'/T+(0 3253 YB51?: : 6A5:4 43Y<3 A?6 2Z413 =3 =:>A?3<5:2 3B6C:46=:2 2:C43 >AB5A46 3 3=A>679: ;:;AB64 =:2 KN41:2 ?:K1?3<5:2 ;:;AB6432 3<543 3B32 : 2 : 5:>6<53 6:2 325A=:2 ;4:=AO1=:2 L:46 =6 6>6=3?16 3<>:<546?:2 546C6BF:2 =3 ;322:62 ;4EX1?62 6 Q6B?6 646<F9: :A @A3 L1O346? ;6453 =3 23A D:K34<: 3 62 2A62 ?3?E41620 3256>6?:2 :2 546C6BF:2 =3 64>:2 646<F9: %L1BF: =: 3X;43L315:+ 61B=3 1<5: 6BK9: %=1435:46 =6 =6 ;43L315A46 =3 656B <6 23DA<=6 6=?1<1254679: =3 Q6B?6 646<F9:+ 3 =: ;4:L322:4 :6>a4 =3 E320 64>:2 646<F9:? L1BF: =: 3X;43L315: 43A<1A 3? . 0 6BDA<2 ;4:<A<>16?3<5:2 =3 Q6B?6 646<F9: @A6<=: 3253 346 =3;A56=: L3=346B ?:2546<=: 6221? ;:2179: ;:BU51>6 >:?: BU=34 =6 43<53 6>1:<6B1256 <: 256=:0 61B=3 1<5: 6BK9: @A3 =A46<53 6 23DA<=6 6=?1<1254679: L:1 515AB64 =6 1435:416 =3 :>A?3<5679: 3 AB5A46 436B1O:A 546C6BF: K:B56=: \2 651K1=6=32 >AB5A4612 6451>AB6=: >:? : 32>43K3A '()+-0. 0 3253 546C6BF: 6 6<1B=6 3431460 >.5 . .5 . 0! >:<541CA179: \ F125E416 =6 3=A>679: C4621B31460 S03=0 9: 6AB:! =17H32 :a:B6 &'/d0 $A251<6 K6 =3 46YQ:0 >0.0 $0! 325A=: =3 A? ?:K1?3<5: % &'()&'('+0 9: 6AB:! :453O &'/'0 2?64 %4D0+0 . 0.. .5. ! ?3?E416 =:2 6<:2 ()0 1: =3 $6<314:! =17H32 466B &'/T0 64>:20 0 $07 =12>A42:2 ;64B6?3<564320 656B! &'/S0 6A5:46 43>:<2515A1 :2 6>:<53>1?3<5:2 =: =16 &n =3 6C41B @A6<=: : 43D1?3 ?1B1564 L:1 =3>4356=: <: @A6B L:1 3<K:BK1=6 23<=: ;4326 3 1<5344:D6=6 3<L651O6<=: :2 6>:<53>1?3<5:2 <6 ;43L315A46 62 ;412H32 3 6 L1DA46 =3 Q6B?6 646<F9: <3223 ;4:>322:0 / :A54: B1K4: =3 E32 L:1 ;ACB1>6=: =A46<53 6 >:?3?:4679: =:2 *)) 6<:2 =6 >1=6=3 =3 656B 3? .))) 3 Z 1<515AB6=: ! " >#$ (0 B1K4: Z 1<54:=AO1=: >:? A? ;6<:46?6 D346B <: -4621B 3 <: 1: 46<=3 =: :453 6 ;64514 =:2 6<:2 &'T) >:? A?6 6<NB123 D3<Z41>6 2:C43 6BDA<2 =12>A42:2 ;4:L341=:2 ;:4 Q6B?6 646<F9: 3 >:? ?3?E4162 ;322:612 =: ;4E;41: 6A5:4 =: K:BA?30 ;E2 3226 1<54:=A79: 6 :C46 =1K1=123 3? =A62 ;645320 6 ;41?3146 E32 43D12546 ?3?E4162 ;322:612 =3 Q6B?6 646<F9: 2:C43 6 >6?;6<F60 6 23DA<=6 "7 )+ E32 546<2>43K3 :2 32>415:2 =3 Q6B?6 646<F9: 2:C43 6 ;:BU51>6 C4621B3146 6 6=?1<1254679: ?A<1>1;6B 3? 656B ?6<1L325:2 3 ;:32160 2 ?3?E4162 56?CZ? 3259: 43A<1=62 3? 0.># 3? @A3 3259: 43D12546=62 62 >64562 =3 Q6B?6 646<F9: 3<K16=62 =: 3XUB1: 6 ;643<532 3 6?1D:20 ? 43B679: \2 ;4:=A7H32 ?612 43>3<532 L6O3?:2 43L34P<>16 6:2 546C6BF:2 ?:<:D4NL1>:2 <6 N436 =3 F125E416 10. . ! A? 325A=: 2:C43 62 6=?1<125467H32 ;:;AB6432 =3 Q6B?6 646<F9: %&'S(&'S'R&'()&'(*+ &) =3 ?1<F6 6A5:416 %.))*+ @A3 546O A?6 6<NB123 2:C43 6 ;41?3146 6=?1<1254679: =: ;43L315:0 3256>6?:2 56?CZ? :2 546C6BF:2 =323<K:BK1=:2 ;3B6 C623 =3 ;32@A126 AB5A46 :BU51>6 3 =A>679: >::4=3<6=6 ;3B: ;4:L322:4 40 $:2Z k1BB1<D5:< 34?6<: =: 3;6456?3<5: =3 1P<>162 :>1612 =6 3 :2 546C6BF:2 =323<K:BK1=:2 ;3B: D4A;: =3 ;32@A126 125E416 =6 1=6=3 3 =: 4C6<12?: =: 3;6456?3<5: =3 4@A1535A46 =6 ?32?6 A<1K3421=6=3 =141D1=:2 ;3B6 ;4:L322:46 460 o<D3B6 Y>16 34431460 2232 546C6BF:2 546O3? <:K62 ;342;3>51K62 6C:4=6<=: <:K:2 53?62 43B6>1:<6=:2 \ >1=6=3 =3 656B <:2 6<:2 &'()0 1<5343223 ;3B: 53?6 1<1>16B?3<53 L:1 6 L:453 43L34P<>16 @A3 Q6B?6 646<F9: 53K3 ;646 : ?:K1?3<5: 325A=6<51B 6@A1 =: 1: 46<=3 =: :453 <6 =Z>6=6 =3 &'')0 6 D46=A679: ?3A 546C6BF: ?:<:D4NL1>: L:1 A? 325A=: >:?;64651K: 3<543 62 2A62 6=?1<125467H320 : 1<5A15: =3 =64 >:<51<A1=6=3 6 ;32@A126 CA2>6?:2 A? 53?6 @A3 3251K3223 =3<54: =6 ;4:;:256 =: 4:D46?6 =3 E246=A679: 3? 125E416 =6 >AQ6 N436 =3 >:<>3<54679: Z 125E416 3 2;67:20 3<=: 6221? :;56?:2 ;:4 325A=64 62 ;46762 =3 >AB5A46 A? ;4:Q35: ;:BU51>: >AB5A46B 61B=3 1<5:0 '()+-0. 0 .03=0 656B! .))*0 :6>a40 ! "#$ 0 - 26 6AB6 ,0 10. . ! A? 325A=: 2:C43 62 6=?1<125467H32 ?A<1>1;612 =3 Q6B?6 646<F9: %&'S(&'S'R&'()&'(*+0 .))T0 :<:D46L16 %46=A679: 3? 125E416 +0 656B0 l.))Tm0 =6 ;43L315A46 =:2 6<:2 &'() @A3 23 6;4:;41:A =: 32;67: ;YCB1>:0 3223 23<51=: 29: >653D:4162 1?;:456<532 6: 53?6! 43;4323<5679: 32;67: >AB5A46 ;:;AB640 <:79: =3 43;4323<5679: 6@A1 Z 3<53<=1=6 >:?: 3? =1L343<532 BAD6432 3 ?:?3<5:2 A?6 436B1=6=3 2:>16B Z >:<254AU=6 3 ;3<26=6 >:<254A79: =3534?1<6=6 ;:4 1<53432232 =3 D4A;:2 ;34>3;7H32 =: 2:>16B @A3 <9: 29: <3A5462 ;4:=AO3? 325465ZD162 3 ;4N51>62 23Q6? 2:>1612 32>:B6432 ;:BU51>62 35>0 646 F645134 G62 BA562 =3 43;4323<567H32 5P? 56<56 1?;:45[<>16 >:?: 62 BA562 3>:<e?1>62 ;646 >:?;433<=34 :2 ?3>6<12?:2 ;3B:2 @A612 A? D4A;: 1?;H3 :A 53<56 23 1?;:4 6 2A6 >:<>3;79: =: ?A<=: 2:>16B :2 K6B:432 @A3 29: :2 23A2 3 : 23A =:?U<1:I0 :413<5679: ;:BU51>6 =3 Q6B?6 646<F9: 1?;B1>6K6 3? ;4N51>62 32;6>1612 1<534K3<7H32 <: 32;67: ;YCB1>: @A3 3X;43226K6? <6 2A6 ?653416B1=6=3 K6B:432 3 1<53<7H320 && 6451?:2 =: ;4322A;:25: @A3 5:=: 32;67: Z >:<254AU=:0 3<=: : 32;67: A?6 =62 >653D:4162 ?612 1<534=12>1;B1<6432 @A6<=: 23 5:4<6 :CQ35: =3 325A=: =3 F125:416=:432 D3ED46L:2 64@A1535:2 6<54:;EB:D:2 LU21>:2 <9: ;:=3?:2 6L14?64 @A3 3X1256 A? >:<>315: 6C2:BA5: =3 32;67:0 g ;43>12: ;34>3C34 :2 23<51=:2 @A3 : 32;67: D6<F6 >:<L:4?3 : 53?;: 3 : BAD640 ;4676 ;YCB1>6 23 >:<LA<=3 >:? 6 ;4E;416 :41D3? =6 >1=6=30 :<>:4=6?:2 >:? 6 6<54:;EB:D6 :46=1<3 @A6<=: 6L14?6 @A3 6 ;4676 2A4D3 <: >3<N41: A4C6<: =3 6>:4=: >:? : 1?6D1<N41: =3 >6=6 Z;:>6 >:4432;:<=3<=: G62 1?6D3<2 3 43;4323<567H32 @A3 29: >:<254AU=62 6 ;64514 =3 =1L343<532 =12>A42:2 A2:2 :BF6432 @A3 1?;41?3? 6 >6=6 ;4676 =3 >6=6 >1=6=3 3? =1L343<532 Z;:>62 =1L343<532 21D<1L1>6=:2I0&. ? <:2262 B315A462 2:C43 62 ;46762 53<=: >:?: 43L34P<>16 A?L:4= -6p5F1< -A4p3 3<<355 3D6q6 6D6BF932 3 3<Q:5 &T;34>3C3?:2 @A3 6 ;4676 3? =1L343<532 ?:?3<5:2 3 BAD6432 6;4323<5:A A?6 =1K3421=6=3 =3 A2:2 3 23<51=:20 ;43L315A46 =3 656B 6: 546<2L:4?64 54P2 ;46762 =6 >1=6=3 3? ;46762 =3 >AB5A46 6541CA1A 6 32232 B:>612 <:K:2 A2:2 3 23<51=:2 546<2L:4?6<=: 6 ;4676 B:>6B =3 43A<1H32 1<L:4?612 =3 ;6226D3? 3? 32;67:2 >AB5A4612 =1<[?1>:2 3 =3 >:<K34DP<>16 =3 A? <Y?34: 21D<1L1>651K: =3 ;322:620 :D340 @07. 0. ! 3<543 ;4N51>62 3 43;4323<567H320 1: =3 $6<314:! -34546<= -4621B &'//0 ;0&(&d0 126C3530 5 AB! 32;67: 3 2:>16C1B1=6=30 B:416<E;:B12R! 35462 :<53?;:4[<362 &''S0;0&*0 3q120 07! 2A62 :41D3<2 546<2L:4?67H32 3 ;342;3>51K620 *03=0 9: 6AB:! 6451<2 :<532 .))*j -c 1pF61B0 . 0.. C"0-: >:<53X5: =3 46<7:12 3C3B6120 T03=0 9: 6AB:! -j -c 35340 . 0.. C"0 9: 6AB:! :?;6<F16 =62 35462 &'/'j k AD:0 ! Q64=1<2 <: -4621B0 9: 6AB:! :C3B &''(j 1>F64=09 $ ! 62 5146<162 =6 1<51?1=6=30 9: 6AB:! :?;6<F16 =62 35462 &'//j A1O 5NK1: =30 >1=6=3 D43D6 3 :2 ?:=:2 A4C6<:2 =6 ;:BU51>60 <! 64D641=6 6416 =3 %:4D0+0 0246<>6 9: 6AB: BF: =r DA6 .))S0 $ 3<12 3 - 6541>p0 LB:432>1?3<5: =62 >1=6=32! : 2Z>AB: h <6 F125E416 =: ?A<=: A4C6<:0 <! ;0>150 -A2>6?:2 43L34P<>162 <:2 F125:416=:432 1>F3B =3 34536A 3 :D34 F645134 @A6<=: ;4:CB3?651O6? 6 >AB5A46 >:?: A?6 >653D:416 ;BA46B ;:4 122: =3 =1LU>1B =3L1<179:0 2 ?:K1?3<5:2 =3 >AB5A46 ;:;AB64 1<>BA21K3 : K9: 1?;41?14 <:K:2 21D<1L1>6=:2 6: 534?: 3 62 ;4N51>62 =32232 ?:K1?3<5:2 K9: 43LB3514 23A2 K6B:432 3 1=Z1620 2 ;46762 =3 >AB5A46 346? 32;67:2 32;3>UL1>:2 =3 ;4:?:79: =6 >AB5A46 ;:;AB64 6B1 >:<K34D16? \2 1=Z162 =6 >6?;6<F6 3 =: D4A;: @A3 QA<5: >:?: : ;43L315: Q6B?6 646<F9: >::4=3<6K6 :2 ;4:Q35:2 =6 43L315A460 :<>:4=6?:2 >:? F645134 @A6<=: 23 ;4:;H3 6 ;3<264 62 =1L343<532 L:4?62 =3 6;4:;41679: 3<53<=1=6 >:?: >:<QA<5: =3 ;4N51>62 @A3 >:<L343 6 A? 32;67: =6 >AB5A46 ;:;AB64 ;:4 =1L343<532 D4A;:2 2:>1612 3 <9: 53<564 3<@A6=4NB6 =3<54: =3 ?:=3B:2 1<534;435651K:20&* :<>3C3?:2 3<59: 6 ;4676 =3 >AB5A46 >:?: A? 32;67: 325465ZD1>: 3 =3 1<254A79:0 : 23 6;4:;4164 =6 ;4676 3 546<2L:4?NB6 3? ;4676 =3 >AB5A46 6 ;43L315A46 546<2L:4?:A : BAD64 3 6B1 1?;41?1A 21D<:2 1<53<7H320 2;67: =3 1<254A79: ;:12 5:=62 62 651K1=6=32 6>:<53>16? 6451>AB6=62 6 6?;6<F6 2 646 6 >:<254A79: =3223 546C6BF: 43>:443?:2 \2 L:<532 ;41?N4162 >:?: :2 Q:4<612 =3 ;4:;413=6=3 =3 Q6B?6 646<F9: 3 : Q:4<6B 'Dj 3 : 1K4: =3 315A46 =6 6?;6<F6j 3 6 =:>A?3<5679: ;4:=AO1=6 ;3B: ?:K1?3<5:! 43B65E41:2 2:C43 62 C1CB1:53>62 3 L:5:D46L162 =: 64@A1K: =6 1435:416 =3 :>A?3<5679: 3 AB5A460 ;56?:2 56?CZ? ;3B: ?Z5:=: =3 125E416 46B 3<543K1256<=: ;322:62 @A3 L:46? 432;:<2NK312 ;3B:2 546C6BF:2 =323<K:BK1=:2 <62 ;46762 =3 >AB5A46 3X622322:432 =: 43L315: Q6B?6 646<F9: 3 ;322:62 @A3 ?6<51<F6? A? KU<>AB: =3 6?1O6=3 >:? : ;43L315:0 F125E416 :46B Z C6236=6 <6 ?3?E416 @A3 Z 23?;43 A?6 43>:<254A79: ;2U@A1>6 3 1<53B3>5A6B A?6 43;4323<5679: =: ;6226=: K125: 2:C43 : :BF64 =: ;4323<53 3 =: ?31: 2:>16B0 ?3?E416 >:?: B3?C46<76 2ACQ351K6 3 23B3>1:<6=6 =:2 6>:<53>1?3<5:2 ;:=3 234 1<=1K1=A6B :A >:B351K6 ?62 ;646 6 F125E416 :46B 6 ?3?E416 1<=1K1=A6B 2E 53? 23<51=: 3? LA<79: =3 2A6 1<2>4179: <: >:<QA<5: 2:>16B =62 =3?612 ?3?E41620 226 43;4323<5679: 23B351K6 =: ;6226=: <A<>6 Z 6@A3B3 =: 1<=1KU=A: 2:?3<53 ?62 =3B3 1<2341=: <A? >:<53X5: L6?1B164 2:>16B <6>1:<6B0 2:>1EB:D: 6A41>3 6BCq6>F2 L:1 A? =:2 ;41?314:2 ;32@A126=:432 6 325A=64 6 >653D:416 ?3?E416 6 ;64514 =3 A?6 6<NB123 2:>1:BED1>6 <6 =Z>6=6 =3 &'.)0 646 3B3 62 ?3?E4162 29: >:<254AU=62 ;:4 D4A;:2 2:>16120 G9: 1<=1KU=A:2 @A3 B3?C46? <: 23<51=: B15346B LU21>: ?62 29: :2 D4A;:2 @A3 =3534?1<6? : :D340 AB5A46 :;AB64! 43K12156<=: A? >:<>315: F125:41:D4NL1>:0 >0. @07 1: =3 $6<314: K:B0/ <n &( &''S ;0&d'&'.j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d 3<54: =62 ;:221C1B1=6=32 =: A2: =6 F125E416 :46B 6 F125E416 ;:BU51>6 23 1<2343 <3226 ;342;3>51K6 <: 325A=: =62 =1L343<532 L:4?62 =3 6451>AB679: 3 325465ZD162 =3 65:432 3 D4A;:2 <6 43>:<2515A179: =3 43=32 =3 43B679: L:4?62 =3 2:>16B1O679: 3 >6<612 =3 1<D4322: <6 >6443146 1<K3251D679: =3 3251B:2 ;:BU51>:2 32;3>UL1>:2 6 1<=1KU=A:2 3 D4A;:20&/ =122345679: 325N 3254A5A46=6 3? 54P2 >6;U5AB:20 ;41?314: =12>A514N : ;4:>322: =3 546<2L:4?67H32 :>:441=62 <6 43D19: :4=3253 3? ;6451>AB64 <:2 3256=:2 =3 34<6?CA>: 3 1: 46<=3 =: :453 <: @A3 =1O 432;315: 6: ?:?3<5: ;:BU51>: 32;3>UL1>: =: L1<6B =:2 6<:2 &'S) 3 =:2 ;41?314:2 6<:2 =6 =Z>6=6 =3 &'() 3 : 2A4D1?3<5: =3 ?:K1?3<5:2 =3 3=A>679: 3 >AB5A460 3223 23<51=: ;4:>A46?:2 432;:<=34 62 23DA1<532 @A325H32! @A3 >14>A<25[<>162 L6K:43>346? : 2A4D1?3<5: =:2 ?:K1?3<5:2 =3 3=A>679: 3 >AB5A46 ;:;AB64i :4 @A3 5612 ?:K1?3<5:2 >432>346? >:? 56<56 L:476 <6 3D19: :4=3253 >:? : " 0. 0.. 3 6 >6?;6<F6 i :?: 32232 ?:K1?3<5:2 >:<>3C346? 6 >AB5A46 ;:;AB64i @A612 L:46? 2A62 ;41<>1;612 1<LBAP<>162i : 23DA<=: >6;U5AB: K343?:2 >:?: 6 ;43L315A46 23 ;:21>1:<:A L43<53 \2 <:K62 =3?6<=62 A4C6<62 @A3 2A4D16?0 23DA<=6 ?356=3 =6 =Z>6=6 =3 &'S) 6 ;:BU51>6 <6>1:<6B =323<K:BK1?3<51256 =: D:K34<: L3=346B =141D1A A? <:K: :BF64 2:C43 62 >1=6=32 C4621B314620 2 6<231:2 =3 ?:=34<1O679: 3 ;4:D4322: 43LB35146? <62 546<2L:4?67H32 <: 32;67: LU21>: =6 >1=6=3 @A3 56?CZ? ;43>12:A 23 ?:=34<1O640 : 534>314: >6;U5AB: 6C:4=643?:2 >:?: :2 32;67:2 >AB5A4612 L:46? 1<>:4;:46=:2 ;3B: ;:=34 ;YCB1>: 6: >:51=16<: =6 >1=6=3 =3<:?1<6=:2 ;46762 =3 >AB5A460 ;4676 6: 234 546<2L:4?6=6 3? ;4676 =3 >AB5A46 6=@A141A A? <:K: 23<51=: >:<2515A1<=:23 3? A? 32;67: =3 =1K3429: =3 ;4:?:79: =62 546=17H32 ;:;AB6432 3? A? 32;67: =3 1<254A79: <6 ?3=1=6 3? @A3 -k 6A41>30 7 0 2 9: 6AB:! 3<56A4: .))(0 ;0&*0 - 343<60 9. 0- 53X5:2 3? F125E416 :46B0 1: =3 $6<314:! .))*0 ;0&(0 =0 C1= 0;0.*.S0 L0 2;N2160 125E416 :46B 3 ;:BU51>60 <! 641356 %4D0+0 @07 9 2 1: =3 $6<314:! 16=:41? &''*0 346 A?6 3X53<29: =62 651K1=6=32 =6 >6?;6<F6 3 325465ZD1>: :<=3 Q6B?6 646<F9: 3 : D4A;: @A3 3256K6 3? 5:4<: =3B3 ;A=346? 3X;432264 K12A6B?3<53 <6 ?653416B1=6=3 =6@A3B3 32;67: 2A62 :413<567H32 3 1<53<7H32 ;:BU51>620 678*92+:5+,,,8%&3%(+%&(*(4$*%&3%( 3253 >6;U5AB: >:B:>643?:2 3? @A3259: : ;4:>322: =3 546<2L:4?67H32 :>:441=62 <6 43D19: :4=3253 3? ;6451>AB64 <:2 3256=:2 =3 34<6?CA>: 3 1: 46<=3 =: :453 <: @A3 =1O 432;315: 6: ?:?3<5: ;:BU51>: 32;3>UL1>: =: L1<6B =:2 6<:2 &'S) 3 =:2 ;41?314:2 6<:2 =6 =Z>6=6 =3 &'() 3 : 2A4D1?3<5: =3 ?:K1?3<5:2 =3 3=A>679: 3 >AB5A46 ;:;AB64 2A4D1=:2 <3223 ;34U:=: =6<=: :41D3? 6 32;67:2 32;3>UL1>:2 =3 >:<K34DP<>16 =3 1=Z162 3 ;4N51>62 =32232 ?:K1?3<5:2 >:?: 62 ;46762 =3 >AB5A460 ;4:CB3?N51>6 3? 5:4<: =: @A3 23 =3<:?1<:A . 0.. <:453:A 62 =12>A22H32 =6 Z;:>6 546O1=62 ;:4 5612 ?:K1?3<5:2 @A3 3? 2A6 ?61:416 346? B1=346=:2 ;:4 1<53B3>5A612 =14356?3<53 B1D6=:2 6 D4A;:2 ;:BU51>:2 >:<21=346=:2 =3 32@A34=6 :A ;4:D432212560 :1 6546KZ2 =: @A3 23 >F6?:A =3 6453 3<D6Q6=6 @A3 32232 ?:K1?3<5:2 =346? \ 3X;43229: >AB5A46 ;:;AB64 A?6 >:<:5679: ;:BU51>6 6 >AB5A46 >:?: 1<254A?3<5: =3 >:<2>13<51O679: ;:BU51>6 3 2:>16B =: ;:K: 3 <9: 6;3<62 >:?: 3X;43229: =3 64530&' :1 56?CZ? 6 ;64514 =32232 ?:K1?3<5:2 @A3 32;67:2 >AB5A4612 L:46? >416=:2 :A D6<F646? <:K:2 A2:20 2;67:2 =3 ;4:=A79: 3 =3 43>3;79: =3 1=Z162 3 =3 ;4N51>62 @A3 3<K:BK16? 6 =12>A229: 3? 5:4<: =6 <679: 6546KZ2 =: @A3 23 >F6?:A >AB5A46 ;:;AB640 3<=: 6221? 6C:4=643?:2 6BDA?62 @A325H32! @A3 >14>A<25[<>162 L6K:43>346? : 2A4D1?3<5: =:2 ?:K1?3<5:2 =3 3=A>679: 3 >AB5A46 ;:;AB64i :4 @A3 5612 ?:K1?3<5:2 >432>346? >:? 56<56 L:476 <6 3D19: :4=3253 >:? : " 0. 0.. 3 6 >6?;6<F6 i >F6?:2 1?;:456<53 <3223 >6;U5AB: 6C:4=64?:2 :2 =:12 ?:K1?3<5:2 ;:12 L:46? 23?3BF6<532 3? 2A62 ;4N51>62 L1<6<>16=:2 ;3B: ;:=34 ;YCB1>: 3 : L:1 1<2;14679: ;646 62 67H32 =6 43L315A46 =3 656B0 ;4676 =3 >AB5A46 L:1 A? 3X3?;B: =122:0 ;4:CB3?N51>6 =6 >AB5A46 ;:;AB64 L:1 : 31X: >3<546B <6 =12>A229: 2:C43 : <6>1:<6B0 3223 ?:?3<5: : ;:K: ;622:A 6 234 2AQ315: 3 6 <679: 2E 23416 2:C346<6 6 ;64514 =6 >:<2>13<51O679: =62 >B62232 ;:;AB6432 3 =6 2A6 ;6451>1;679: <6 546<2L:4?679: =6 2:>13=6=30 >AB5A46 ;:;AB64 23416 : 1<254A?3<5: ;646 6 546<2L:4?679: 2:>16B0 :?: 32232 ?:K1?3<5:2 >:<>3C346? 6 >AB5A46 ;:;AB64i @A612 L:46? 2A62 ;41<>1;612 1<LBAP<>162i =Z>6=6 =3 &'() L:1 A? ;34U:=: C6256<53 ;3>AB164 <6 F125E416 =: ;6U20 :?3<5: =3 431K1<=1>67H32 <:2 >6?;:2 ;:BU51>: 3>:<e?1>: 3 3=A>6>1:<6B0 :?3<5: ?64>6=: ;:4 D46<=3 L0 3B:U26 -A64@A30 CF :! K6<DA64=6 3 =32CA<=3 %&'()&'d)+0 9: 6AB:! -4621B13<23 &'/)0 >41651K1=6=3 3 @A3251:<6?3<5:2 =3 ?:C1B1O67H32 3 =323Q: =3 ?A=6<7620 3 >4U51>6 \ ;:BU51>6 =:?1<6<530 223 ;34U:=: 56?CZ? L:1 A? ?:?3<5: =3 546<2L:4?67H32 <: ?A<=:0 3256 Z;:>6 53K3 1<U>1: A?6 D46<=3 43K:BA79: >:?;:456?3<56B >:?: : 2A4D1?3<5: =: L3?1<12?: 3 :2 ?:K1?3<5:2 >1K12 3? L6K:4 =:2 <3D4:2 3 F:?:223XA6120 6;6 $:9: hh 6C41A : :<>UB1: 651>6<: 546O3<=: ?A=6<762 21D<1L1>651K62 ;646 6 D43Q6 65EB1>60 A4D146? ?:K1?3<5:2 =3 >:?;:456?3<5: >:?: :2 @A3 ;4:53256K6? >:<54N41:2 \ A3446 416 \ A3446 =: 135<9 3 6: 46>1:<6B12?:0 223 ?:K1?3<5: L:1 56?CZ? >F6?6=: =3 >:<546>AB5A460 >:443A 56?CZ? 6 3K:BA79: AC6<6 <6 ?Z41>6 651<6 B3K6<=: 1=3B 6254: 6: ;:=340 <54356<5: 6 K:<56=3 =3 ?A=6<76 L:1 K1K3<>16=6 1<53<26?3<53 =32=3 :2 6<:2 &'S)0 2 6<231:2 =3 ?:=34<1O679: ;4:D4322: 3 1<=A25416B1O679: 43LB35146? <62 ?A=6<762 2:>1612 >AB5A4612 3 ;:BU51>62 =: ;34U:=:0 =321D< 644:Q6=: 3 : >:<>43512?: <62 64532 ;BN251>62 L:46? 6 ?64>6 =3223 ;34U:=:0 BZ? =6 6C345A46 ;:BU51>6 @A3 L6K:43>3A 5:=6 3226 3L34K32>P<>16 >AB5A46B 6 F125:416=:46 3BB:2: 6>432>3<56 61<=6 @A3 6 L:4?679: =3 A? ;YCB1>: A4C6<: 3 6 3?34DP<>16 =3 A?6 >AB5A46 =3 ?6226 >:<541CAU46? =3 L:4?6 21D<1L1>651K6 ;646 6 41>6 ;4:=A79: >AB5A46B =6@A3B3 ?:?3<5:0 G<546?:2 <: 53?;: >AB5A46B 6>3B346=: :<=3 :2 21D<:2 23 ?AB51;B1>6? K:6<=: 6: >:<2A?: 1?3=165:I0 :?376? 6 534 D46<=3 >14>AB679: D1C12 L:5:<:K3B62 :2 ;4:D46?62 =3 6A=15E41: =62 4N=1:2 5:4<646?23 ?612 >:<>:441=:2 62 >F6<>F6=62 =6 5B[<51=6 51<F6? ;YCB1>: >345:0 .) : L1<6B =6 =Z>6=6 2A4D146? 62 ?6<1L32567H32 @A3 ;:25341:4?3<53 5:?6416? L:4?6 <:2 ?:K1?3<5:2 =6 -:226 :K6 1<3?6 :K: 3654: =: ;41?1=: 3 ?Y21>6 =3 ;4:5325:0 -A2>6K6?23 <:K62 L:4?62 =3 3X;43229: 645U251>6 >:? : :CQ351K: =3 1<53D464 >AB5A46 ?:=34<1=6=3 3 =323<K:BK1?3<5:0 .& 6 3=A>679: : L1? =: D:K34<: =3 $A2>3B1<: cAC152>F3p L:1 ?64>6=: ;3B: =3C653 3? 5:4<: =6 31 =3 14541O32 3 -6232 =6 =A>679: 6>1:<6B <:2 E4D9:2 3=A>6>1:<612 21<=1>612 ?31:2 325A=6<512 <6 1?;43<260 46<2L:4?67H32 <: 32;67: LU21>: =6 >1=6=3 =3?:<2546K6? : 1<>43?3<5: =3 1<:K67H32 53><:BED1>62 3 62 <:K62 53<=P<>162 A4C6<U251>62 3 6 64@A1535A46 =3 -462UB16 L:1 A? 3X3?;B: =122:0 1K1623 56?CZ? A? ?:?3<5: ?64>6=: >646>5341O6=: ;:4 A?6 ;:BU51>6 <6>1:<6B ;:;AB1256 >646>5341O6=6 ;3B6 K6B:41O679: =: ;:K: 3 =3 2A6 >AB5A46 <: =323<K:BK1?3<5: =6 <679: 6: ?32?: 53?;: 3? @A3 A?6 ;:BU51>6 =3 >:?;4:?122: 653<=16 6:2 1<53432232 =:2 =1K342:2 235:432 =6 2:>13=6=30 3DA<=: 6<<1 6 3X;43229: ;:;AB12?: 53? 21=: =321D<6=6 ;646 =1K342:2 L3<e?3<:2 F125E41>:2 3 56<5: <:2 ;6U232 3A4:;3A2 6?341>6<:2 621N51>:2 3 6L41>6<:2 3? @A3 :>:44346? e<1>60 =A;B6 L6>3 =3 $6<:! 4:?6<512?: 3 ;:;AB12?:0 <! o<D3B6 =6 6254: :?32 %:4D0+0 9G HI0 1: =3 $6<314:! A<=679: 35YB1: 64D62 .)).0 ;0&dT&d*0 =0 C1=0 ;0&dT0 ?:K1?3<5:2 =3 ?62262 ;6451=:2 ;:BU51>:2 3 D:K34<:2 :2 325A=1:2:2 =3 2:>1:B:D16 ;:BU51>6 3>:<:?16 3 F125E416 =3<:?1<6? =3 ;:;AB125620.. 6 ?Z41>6 651<6 : ;:;AB12?: >:?37:A 6 234 325A=6=: <:2 6<:2 =3 &'S)0 : -4621B :2 325A=:2 ?612 21253?N51>:2 3? 43B679: 6: >:<>315: L:46? =:2 >13<512562 2:>1612 =6 <62 =Z>6=62 =3 &'d) 3 &'/) >:?: 46<>12>: k3LL:45 >56K1: 6<<1 3<543 :A54:20 .T 534?: ;:;AB12?: ;622:A 6 234 43>:443<53 6;E2 &'*S 3 3? =1L343<532 ?:?3<5:2 =6 ;:BU51>6 C4621B3146 D6<F:A =1K34262 >:<:567H32 234K1<=: ;646 =321D<64 ?6<1;AB679: =6 ;:;AB679: ;3B: ;:=34 ;YCB1>: >:?: A? 51;: 32;3>UL1>: =3 ;:=34 :A >:?: 6 ;6451>1;679: =62 ?62262 <: ;4:>322: ;:BU51>:0 3223 23<51=: k3LL:45 @A3 : >646>5341O6 >:?: A? L3<e?3<: A4C6<: 43226B56 @A3 : ;:;AB12?: L:1 A? L3<e?3<: ;:BU51>: @A3 622A?1A =1K34262 L6>3562 3 32562 L:46? L43@s3<53?3<53 >:<546=15E4162 6;4323<56<=: =3226 L:4?6 : ;:;AB12?: >:?: 53<=: A? >64N534 6?CUDA: >:<2515A1<=: 6 A? 2E 53?;: ?6<1;AB679: 3 26512L679: =62 >B62232 ;:;AB64320 :1 6 ;64514 =3 &'SS >:? : D:K34<: =3 $A2>3B1<: cAC125>F3p 3 >:? :2 D:K34<:2 ;:25341:432 =3 $[<1: "A6=4:2 3 $:9: :AB645 @A3 23 53<5:A 1<>A514 <: ;:K: C4621B314: A?6 ?3<56B1=6=3 =323<K:BK1?3<51256 =3 >:<2>1P<>16 =6 =3L626D3? 2:>1:>AB5A46B 3? 43B679: 6:2 ;6U232 =323<K:BK1=:20 <3>3221=6=3 =3 ;6451>1;679: =3 1<53B3>5A612 <3223 ;4:>322: 23 5:4<:A A?6 =62 @A325H32 ?612 3<L651O6=620.* 3223 >:<53X5: 5:?:A L:476 6 A5:;16 <6>1:<6B1256 3? @A3 6 1<=A25416B1O679: 3 6 53><:B:D16 346? 62 ?3562 =: D:K34<:0 2:>13=6=3 >:?;4:?351623 >:? 6 <679: : ;4:D4322: 3 : =323<K:BK1?3<5: 1<=A25416B0 <6>1:<6B12?: L:4<3>3A 6 546?6 =6 K1=6 ;:BU51>60 .S 32?: 6 32@A34=6 @A3 6;E2 : 256=: :K: 6;4323<5:A 2A62 BA562 ;:BU51>62 K:B56=62 ;646 62 43L:4?62 1<2515A>1:<612 <6 =3L326 =: <6>1:<6B12?: 6B16<=:23 6 235:432 =6 CA4DA3216 <6>1:<6B =1256<>1:A23 =62 546=17H32 53E41>62 3 ;4N51>62 ?64X125620.( :? : <6>1:<6B =323<K:BK1?3<512?: :2 D:K34<:2 ;:;AB12562 >:<23DA1416? >:<>1B164 :2 1<53432232 =6 CA4DA3216 <6>1:<6B >:? 6 ;:BU51>6 =3 ;6451>1;679: =: ;:K: <: >432>1?3<5: =6 <679:0 <6>1:<6B12?: 6>6C:A L6K:43>3<=: 6 >:<51<A1=6=3 =3 A?6 ;:BU51>6 ;:;AB1256 K:B56=6 6:2 >5NK1:0 15 0 . 0 02 .03=0 1: =3 $6<314:! 1K1B1O679: -4621B3146 &''&0;0&/0 L0 k 46<>12>: 0 9. $0 0 1: =3 $6<314:! 6O 3 3446 &'/(j >5NK1:09 . G 0 1: =3 $6<314:! 1K1B1O679: -4621B3146 &'d/j WWWWWW0 15 0. 000j - A156 41<0 C :. ! 0 =3 -644:2 0 44632 0 6>34=6 0 -41O:B60 9: 6AB:! 00 "A314EO &'d'0 2?64 %4D0+0 . 0.. .5. ! ?3?E416 =:2 6<:2 ()0 ;0.*'0 e<1>60 =A;B6 L6>3 =3 $6<:! 4:?6<512?: 3 ;:;AB12?:0 ! o<D3B6 =3 6254: :?32 %4D0+0 9G HI0 ;0&d*0 5NK1:0 9 . G 0 ;0'.'T0 1<53432232 =3 KN41:2 235:432 =6 2:>13=6=3 ;:12 =3A 6: ;:;AB12?: A? 1<254A?3<5: =3 ?:C1B1O679: ;:;AB64 6546KZ2 =: 6;3B: 6 2U?C:B:2 <6>1:<6120 =323<K:BK1?3<5: 54:AX3 6A?3<5: =: ;:=34 6@A12151K: =62 >6?6=62 ;:;AB6432 6A?3<56<=: =3226 L:4?6 : >:<2A?:0 226 <:K6 215A679: <9: 346 C3? K1256 ;:4 6BDA<2 235:432 1<53B3>5A612 ;:12 23<=: : ;:K: 6223=16=: ;3B6 ?U=16 6>6C6K6 ;:4 43;4:=AO14 K6B:432 >AB5A4612 @A3 <9: 346? :2 23A2 ;34=3<=:23 6221? 6 >:<2>1P<>16 =3 23A ;6;3B <6 >:<254A79: =6 <679:0 >AB5A46 346 622:>16=6 \ >:<2>13<51O679: <A<>6 6: B6O34 3 \ =1K3429:0 .d L:1 56?CZ? 6546KZ2 =6 64@A1535A46 3 L31462 1<=A2541612 @A3 23 CA2>6K6 43;6464 : 65462: 5Z><1>:0 6 43D19: :4=3253 3223 =12>A42: L:1 =143>1:<6=: \ >41679: =6 %A;341<53<=P<>16 =: 323<K:BK1?3<5: =: :4=3253+ 3? &'S' @A3 51<F6 ;:4 L1<6B1=6=3 6 1<534K3<79: ;B6<3Q6=6 =: 256=: <6 43D19: >:? : ;4:;E215: =3 546<2L:4?64 : :4=3253 3? ;EB: ;4:=A51K: 1<53D46<=:: \ 3>:<:?16 <6>1:<6B 3 6: =323<K:BK1?3<5: =: 3<54:2AB =: ;6U20 :1 <3226 43D19: @A3 :2 KN41:2 ?:K1?3<5:2 =3 >AB5A46 ;:;AB64 23 =323<K:BK346?0 3256>6?:2 : " 0 . 0. . %+ K1<>AB6=: 6 43L315A46 =3 3>1L3 >416=: 3? &'() >4:<:B:D1>6?3<53 : ?612 6<51D:j 3 6 >6?;6<F6 =6 43L315A46 =3 656B >416=6 3? &'(&0./ 2 ?:K1?3<5:2 =3 3=A>679: 3 >AB5A46 ;:;AB64 2A4D146? >:? 5:=6 L:476 <3226 43D19: @A3 K1K16 A? 1<53<2: ;4:>322: =3 BA562 >:? 6 :4D6<1O679: =:2 546C6BF6=:432 4A46120 3DA<=: :<>3179: E32 3226 43D19: 3? 6>3B346=6 ?:K1?3<5679: ;:BU51>6 ;3B6 ;41?3146 K3O :2 >:<LB15:2 546C6BF12562 <6 O:<6 4A46B <9: 346? K125:2 2:C A?6 E51>6 ?3221[<1>6 :A 3? 43C3B=162 1<=1K1=A6120 46? 54656=:2 =3 L:4?6 :4D6<1O6=6 6546KZ2 =62 1D62 6?;:<3262 3 =:2 21<=1>65:2 4A4612 LA<=6=:2 ;3B6 D43Q6 65EB1>6 3 >:?A<125620.' BDA<2 6>:<53>1?3<5:2 56?CZ? L:46? 1?;:456<532 ?64>6<=: A? <:K: ?:?3<5: =3 ;6451>1;679: ;:BU51>6 =:2 546C6BF6=:432 4A4612! 6 :<L34P<>16 =3 46C6BF6=:432 364N 3 e<1>60 . 1H! 4:?6<512?: 3 ;:;AB12?:0 <! o<D3B6 =3 6254: :?32 %4D0+0 9G HI 0 ;0&/T0 :46 =: :4=3253 53?:2 : 3<54: :;AB64 =3 AB5A46 %+ =6 <19: 6>1:<6B =:2 25A=6<532 %+ <: 1: =3 $6<314: >416=: 3? &'(&0 3253K3 3? KN4162 ;64532 =: ;6U2 1<>BA21K3 3? 656B 6546KZ2 =6 K:B6<53 :<=3 =323<K:BK3A 651K1=6=32 QA<5: 6: 0 :K1?3<5: =3 =A>679: =3 -623 %-+ 1<1>1651K6 =6 :<L34P<>16 6>1:<6B =:2 -12;:2 =: -4621B %--+ 3 43>:<F3>1=: ;3B: D:K34<: L3=346B %&'(&+0 6416 :<>3179: 1<5: =30 0 .$J C:/ " ! >41259:2 3 >:?A<12562 <6 >:<254A79: =6 A5:;160 1: =3 $6<314:! =15:46 $ R 3K6< &'''0 ;0T.0 646UC6 3? &'STj :<D4322: =3 6BK679: =: :4=3253 1=36B1O6=: ;3B: 6451=: :?A<1256 -4621B314: %-+ 3? &'SS 3 6 436B1O679: =3 >:<D4322:2 3256=A612 =3 546C6BF6=:432 4A4612 3? KN41:2 3256=:2 <:4=3251<:20 2 1D62 6?;:<3262 23 3253<=346? ;:4 5:=6 6 43D19: =A46<53 )S 6<:2 >:<23DA1<=: 6K6<764 3? @A325H32 >:?: 6 43L:4?6 6D4N416 >:? 6 C6<=3146 G3L:4?6 D4N416 <6 31 :A <6 ?6446I <6 :>6219: =: :<D4322: 6>1:<6B =3 B6K46=:432 3? -3B: :41O:<53 <: 6<: =3 &'(&0T) 3? ;:=34 3>:<e?1>: ;:4Z? 6 43D19: >432>16 ;:B151>6?3<53 >:? 6 K15E416 =62 L:4762 ;4:D432212562 <62 3B317H32 ?A<1>1;612 3? 3>1L3 >:? 6 K15E416 =6 43<53 =3 3>1L3 53<=: >:?: 43;4323<56<53 1DA3B 44632 3 3? 656B >:? 6 K15E416 =: <6>1:<6B1256 Q6B?6 646<F9: ;646 3X34>34 23A 23DA<=: ?6<=65: <6 43L315A460 ?C:2 :2 D:K34<:2 ;4:?:K346? ?:K1?3<5:2 ;:;AB6432 : 3 6 >6?;6<F6 3 3251K346? 3? >:<256<53 =1NB:D: :2 ?:K1?3<5:2 ;:22AU6? ;4N51>62 23?3BF6<532 3 62 ;46762 =3 >AB5A46 L:46? A? 546C6BF: =323<K:BK1=: ;41?3146?3<53 ;3B: 0 ?;:456<53 6221<6B64 56?CZ? @A3 : ?:?3<5: ;:BU51>: K1K1=: <32232 =:12 3256=:2 L6K:43>3A : 2A4D1?3<5: =: 3 =: 0 :?: <:2 ?:2546 61K6 56<5: 3? 34<6?CA>: >:?: <: 1: 46<=3 =: :453 :>:44346? L3<e?3<:2 23?3BF6<5320 2 >6<=1=65:2 L6K:4NK312 \ 1<=A25416B1O679: 3 6 A?6 ;:BU51>6 =3 43L:4?62 K3<>16? 62 3B317H32 ;646 : D:K34<: =: 3256=:0 6<=1=65:2 =3 32@A34=6 <6>1:<6B12562 346? 3B315:2 ;43L315:2 =62 >6;15612 3 1<>BAU6? 3? 23A2 ;4:Q35:2 =3 D:K34<: ;4:D46?62 =3 6?;B1679: =6 43=3 32>:B64 3 : >:?C653 6: 6<6BL6C3512?:0 ;:BU51>6 =6 43<53 6>1:<6B1256 6 ;64514 =3 &'() K126K6 \ >:<@A1256 =:2 D:K34<:2 3256=A612 ;3B:2 ;43L315:2 : @A3 L:1 >:<23DA1=: 3? 34<6?CA>: 3? &'(.0T& ? 34<6?CA>: 6 =12;A56 3B315:46B ;646 : :K34<: 3256=A6B >:<5:A >:? L:453 6;3B: ;:;AB64 >:? 6 :413<5679: =3 L14?62 32;3>16B1O6=62 3? ;4:;6D6<=6 3B315:46B 3 ;:4 ?31: =3 6B16<762 ;:BU51>62 3<543 6 43<53 =3 3>1L3 3 6 <19: 3?:>4N51>6 6>1:<6B %+ 3? &'S/ ;4:>322: 23?3BF6<53 6: :>:441=: <: 1: 46<=3 =: :4530 >432>3<56 61K6! ?32?6 6B16<76 @A3 3B3D346 1= 6?;61: 3? &'S/ >:<=AO1A \ 43L315A46 =3 3>1L3 23A >A<F6=: 1DA3B 44632 3? &'()j <: 1: 46<=3 =: :453 <6 ?32?6 >6?;6<F6 3? @A3 23 3B3D3A BAUO1: BK32 L:1 >:<=AO1=: Q6B?6 646<F9: \ 43L315A46 =3 656B0 T. $A251<6 K6 =3 46YQ:0 >0.0 $0! 325A=: =3 A? ?:K1?3<5: % &'()&'('+0 ;0S*0 6<1B=60 . * 000 9: 6AB:! 466B &'/)0 ;0.&0 6<1B=60 . 000 ;0...T0 ?;:456<53 =3256>64 56?CZ? 6 43B679: 3X1253<53 3<543 Q6B?6 646<F9: 3 :2 =:12 ;:BU51>:2 ?612 3X;:3<532 =6 32@A34=6 ;34<6?CA>6<6 1DA3B 44632 3 3BE;1=62 1BK3146 :K34<6=:4 =3 34<6?CA>:0 3 6>:4=: >:? 34?6<: L:1 >:? 1DA3B 44632 3 3BE;1=62 1BK3146 @A3 Q6B?6 646<F9: L3O 23A2 ;41?314:2 >:<565:2 ;:BU51>:2 L:46 =: 3256=:0 G46 : 1<U>1: =3 A? 1<534>[?C1: =3 A?6 >::;34679: @A3 1416 23 K341L1>64 2:C435A=: 6546KZ2 =: :K1?3<5: =3 AB5A46 :;AB64 3 6 >6?;6<F6 2I TT 546Q35E416 3 ;4N51>62 ;:BU51>62 =:2 ;43L315:2 44632 3 646<F9: 56?CZ? L:46? 1DA6B?3<53 L6K:4NK312 6 3226 6;4:X1?679:0 1DA3B 44632 =3 B3<>64 1<1>1:A 2A6 546Q35E416 ;:BU51>6 @A6<=: 622A?1A : >64D: =3 3>435N41: =6 6O3<=6 <: :K34<: =3 -64C:26 1?6 :C41<F: 3? &'*/0 6;4:X1?679: >:? : 3<59: :K34<6=:4 =3 34<6?CA>: 6>:<53>3A @A6<=: 1DA3B 44632 346 LA<>1:<N41: =: <2515A5: =: 7Y>64 3 =: B>::B %+0 -64C:26 1?6 :C41<F: 346 ;4321=3<53 =: <2515A5: 3 <:?3:A 44632 3B3D6=: 3D1:<6B =: 0 ? &'S) 3B3D3A23 =3;A56=: 3256=A6B 433B315: 3? &'S/ 53<=: 23 6L6256=: 3? &'S' ;646 622A?14 6 3>4356416 =6 6O3<=6 =: :K34<: 1= 6?;61:0 ? &'() L:1 3B315: 43L315: =3 3>1L3 ;3B6 43<53 =3 3>1L3 >:? : 6;:1: =3 >:?A<12562 2:>16B12562 3 546C6BF125620 3? &'(. 3B3D3A23 D:K34<6=:4 =: 3256=:0 A6 6=?1<1254679: ;:;AB64 L:1 ?64>6=6 ;3B6 ;4:?:79: =: 3 ;3B: 6;:1: 6 :4D6<1O679: =:2 546C6BF6=:432 4A46120 :? : :B;3 =3 &'(* L:1 ;432: ?6<=6=: ;646 3XUB1: <6 4DZB16 23<=: 6<12516=: 3? &'/.0T* 3 6>:4=: >:? :AO6 32;3>16B1256 3? 125E416 =3 34<6?CA>: 6 ;4:;:256 =: D:K34<: $:9: :AB645 L:1 =3L3<=1=6 <: [?C15: 3256=A6B ;:4 1DA3B 446320 ;4323<56<=: A? D:K34<: >:? : 6;:1: 3 6451>AB679: =62 >B62232 ;:;AB6432 235:432 ;4:D432212562 3 <6>1:<6B12562 L4A5: =6 L:4?679: =6 43<53 =3 3>1L30 TS ? 43B679: 6: 43L315: Q6B?6 646<F9: BU=34 =6 43<53 6>1:<6B1256 3? 656B 56?CZ? 6;4323<5:A A? D:K34<: @A3 >:<56K6 >:? L:453 6>315679: ;:4 ;6453 =6 ;:;AB679: >:? >6?;6<F62 ;:;AB6432 3 ;4:;:2562 =3 >A<F: <6>1:<6B125620 $:2Z k1BB1<D5:<0 ! 6 >6?;6<F6 =3 ;Z <: >F9:0 ;0/T0 -A156 41<0 C :. 2;0('dT0 , c3B?6 6CU:B6 -3B549:0 6C:4=6D3? 2:C43 6 >AB5A46 ;:;AB64 A51B1O6=6 <: ?:K1?3<5: =3 >AB5A46 ;:;AB64 =3 34<6?CA>:0 <! B61> .)). 6<56 4AO =3 6 134460 <612 =: B61> .)).0 12;:<UK3B 3?! F55;!RRqqq03>60A2;0C4 >322: 3? )SR).R.))d0 .0& $ f 1BF: =6 64125:>46>16 B:>6B <35: =: 23<F:4 =3 3<D3<F: 3B12?1<: =3 BCA@A34@A3 646<F9: 3 =3 [<=1=6 1B:?3<6 BCA@A34@A3 646<F9: ?:4:A 65Z &'.d <6 L6O3<=6 9: 3=4: 3<543 :2 ?A<1>U;1:2 =3 6Q32 3 3=46 4356 @A6<=: 23 ?A=:A >:? 23A2 ;612 : L6O3<=314: A1O D<N>1: 646<F9: 3 6B:?Z 646<F9: 3 14?9:2 ;646 656B0T( Q6B?6 646<F9: 6BDA<2 6<:2 =3;:12 1<1>1:A 2A6 546Q35E416 ;:BU51>6 >:? &* 6<:2 =3 1=6=30 :1 ;646 9: 6AB: 6B125:A23 <: XZ4>15: 3 ;6451>1;:A =6 3K:BA79: =3 &'T. <6 @A6B L:1 ;432: 3 3X;AB2: =: 3XZ4>15:0 GA<>6 23 2:AC3 >:?: <3? ;:4 @A3 3? &'T. Q6B?6 646<F9: l000m 3<54:A 3? >626 3 6K12:A 6 5:=:2! :A 6B12564?3 <62 L:4762 43K:BA>1:<N4162 K:A ;46 9: 6AB: K:A 3?C:46I0Td ?:?3<5: ;:BU51>: =: 1<U>1: =:2 6<:2 &'T) 6 43;34>A229: =6 43K:BA79: 3? 656B 62 6D1567H32 ;:BU51>62 ;:=3? 534 1<LBA3<>16=: 6 1=6 =3 Q6B?6 646<F9: ;646 9: 6AB:0 =Z>6=6 =3 &'T) L:1 41>6 3? ;:221C1B1=6=32 ;646 :2 Q:K3<2 =62 >6?6=62 ?Z=162 A4C6<62 @A3 =32;3456K6? ;646 6 ;:BU51>6 3?C:46 L:223? B1D6=:2 \2 :B1D64@A162 ;:4 B67:2 =3 ;643<532>: =1L1>1B?3<53 53416? 6>322: 6: 32;67: ;YCB1>: @A3 3256K6 :>A;6=: ;3B:2 L1BF:2 =:2 ;4:;4135N41:2 =3 53446 =:2 6B5:2 >:?34>16<532 =3 3X;:45679: 3 1?;:45679: 3 =:2 L1<6<>12562 >:? 2A62 ;4N51>62 546=1>1:<6120T/ L14?6 E32 @A3 62 :B1D64@A162 @A3 =:?1<6K6? :2 235:432 ?612 1?;:456<532 =6 3>:<:?16 %26B 67Y>64 3 6BD:=9:+ 3256K6? \ L43<53 =: ;:=34 :4D6<1O6<=: 62 =1K34262 1<25[<>162 @A3 >:?;H3? : 256=: 1<=1>6<=: =32=3 : 234K3<53 6: >F3L3 ?612 D46=A6=: :A =3 @A6B@A34 :A546 :>A;679: ;YCB1>6 ;646 :>A;679: =:2 >64D:2 <62 43;64517H320T' 4:K6K3B?3<53 L:1 3? 9: 6AB: @A3 Q6B?6 646<F9: 53K3 :2 ;41?314:2 >:<565:2 >:? 6 B16<76 6>1:<6B 1C3456=:46 %+ 3 >:? : 6451=: :?A<1256 -4621B314: %-+0 3226 L:4?6 @A6<=: 646<F9: K:B5:A ;646 656B 3? &'Td*) ;622:A 6 3X34>34 6 ?1B15[<>16 6416 :<>3179: 1<5: =30 0 .$J C:/ " ! >41259:2 3 >:?A<12562 <6 >:<254A79: =6 A5:;1600 ;0T.0 =0 C1=0;0**0 =0 C1=0;0TS0 6416 :<>3179: 1<5: =30 0 .$J C:/ " ! >41259:2 3 >:?A<12562 <6 >:<254A79: =6 A5:;160 ;0 0TS0 9: Z ;:22UK3B 6L14?64 >:? 3X651=9: @A3 Q6B?6 646<F9: 435:4<:A 6 656B 3? &'Td0 2 546C6BF:2 @A3 : 6<6B126? 6L14?6? @A3 3? &'Td 3B3 QN 3256K6 3? 656B0 g 56?CZ? 6 ;64514 =3 &'Td @A3 3<>:<546?:2 :2 23A2 ;41?314:2 32>415:20 221? 23<=: 5A=: B3K6 6 >434 @A3 3226 L:1 6 =656 =3 23A 435:4<:0 ;:BU51>6 1<1>16B?3<53 6546KZ2 =: Q:4<6B12?: 546C6BF: 1<1>16=: @A6<=: 3253K3 <: 1: =3 $6<314: :<=3 65A:A 3? =1K342:2 Q:4<6120*& 3223 ;34U:=: 3X12516? Td Q:4<612 <6 >1=6=3 =3 656B =32=3 :2 Q:4<612 =:2 >3<54:2 6>6=P?1>:2 325A=6<512 B1534N41:2 ;:BU51>:2 43B1D1:2:2 =32;:4512562 3 65Z FA?:4U251>:20*. E32 43226B56 @A3 6 ?61:416 =:2 1<53B3>5A612 3 ;:BU51>:2 @A3 23 =3256>646? <62 =Z>6=62 ;:25341:432 53K3 23A 6;43<=1O6=: <32232 Q:4<612 3 32;3>16B?3<53 <: Q:4<6B Q:4<6B :L1>16B =: 256=: 3 : ?612 6<51D: =6 >1=6=3 >416=: 3? &//'0 :46? >:B6C:46=:432 =3223 Q:4<6B! BA1O1: BK32 Q6B?6 646<F9: AUO D<N>1: 646<F9: 1BF: 61?A<=: :<65: 34<6<=32 $:2Z 44A=6 [?646 34U221?: =3 3B: $:2Z [<=1=: 1BF: [?646 62>A=: 3<543 :A54:20*T Q6B?6 646<F9: >:?: Q:4<6B1256 546C6BF:A 3 >:B6C:4:A 3? KN41:2 Q:4<612 <:45341: D46<=3<232 65A6<=: 3? =1K34262 LA<7H32 3 32>43K3<=: 2:C43 :2 ?612 =1K342:2 53?620 22A?1A 62 LA<7H32 =3 43;E4534 43K12:4 23>435N41: 3 43=65:40 <543 :2 Q:4<612 3? @A3 3B3 65A:A ;:=323 =3256>64! : Q:4<6B =: 4P?1: 1534N41: <5e<1: B1>Z41: 3 : Q:4<6B ;J0 %&'Td+j 3 ># %&'T/+ 6?C:2 =6 >1=6=3 =3 6>6Aj 6 0 H.0 %&'T/+ :<=3 6221<6416 <3223 ?32?: 6<: : 6451D: 00.B:.j 0< %&'T'+ 6BZ? =3 >4164 : 23?6<N41: 32;:451K: 9 0 0 %&'T/&'T'+** =3251<6=: 6:2 23D?3<5:2 32;:451K:2 >:? : :CQ351K: =3 =1KABD64 1<>3<51K64 3 :4D6<1O64 62 ;4N51>62 32;:451K620 ;64514 =3 &'T' 5:4<:A23 43;E4534 3 43K12:4 =: Q:4<6B 2 3223 ?32?: 6<: 6 &/ =3 2353?C4: =31X:A 3 ;6451>1;:A =6 LA<=679: =: Q:4<6B 9/ @A3 ;:25341:4?3<53 3? &'*S L:1 K3<=1=: 6:2 / 0 &u =3 ?61: Q6B?6 646<F9: 6=@A141A QA<5: >:? A1 :43146 61K6 : >:<54:B3 =: /0 Q:4<6B 23DA1A 23A =3251<:! 6 .( =3 Q6<314: =3 &'*S ;6226K6 6:2 // 3 6 )T =3 ?647: =3 &'*d 1<515AB6K623 /<0 0*S ;41<>1;6B 46O9: ;646 Q6B?6 646<F9: 534 1=: 546C6BF64 <: 1N41: L:1 6 <3>3221=6=3 @A3 51<F6 =3 3X;:4 2A62 1=Z162 : @A3 <r 346 3X543?6?3<53 =1LU>1B <6 ?3=1=6 3? @A3 : Q:4<6B 346 >:<54:B6=: ;3B: D:K34<: =: 3256=:0 :1 6 ;64514 =3226 B1C34=6=3 @A3 3B3 ;:=3 32>43K34 <: / 2A62 1=Z162 2:C43 6 A3446 A<=16B 3 2A6 ;:2179: >:<54N416 3? 43B679: \ ;6451>1;679: C4621B3146 <: >:<LB15:0*( 3223 ;34U:=: 56?CZ? L:1 >:4432;:<=3<53 =: 0 BNA=1: %4D0+ >E. 2G00 :00 0 0 656B! 3C: 34?3BF: .))*0 ;0&d0 L0 6<:3B :=41DA32 =30 /C;<0'(=?*'(K?0 9: 6AB:! :453Oj 656B! A<=679: $:2Z ADA25: &'/d0 6416 :<>3179: 1<5:0 ;0>150 ;0 ***S0 6416 =6 A16 =3 :AO60 ! "..0015 0;0S.0 BNA=1:0 >E. 2G00 :00 0 0 ;0&d&/0 6416 =6 A16 =3 :AO60 ! "..0015 2 ;0S.0 . %&'*T+ 3 <3226 ?32?6 Z;:>6 L:1 >416=: : Q:4<6B 9 "0 @A3 Q6B?6 646<F9: =141D1A 65Z &'S) <:51>16<=: : ?:K1?3<5: =3 >64D6 3 =32>64D6 =:2 <6K1:2 <: ;:45: =3 656B0*d ? &'*S LA<=:A : Q:4<6B */ ?32?: 6<: 3? @A3 6=341A 6: >6L3U2?:0*' ? &'S) 646<F9: 61<=6 3256K6 B1D6=: 6: / 3 32>43K16 6 >4e<1>6 <0 90 ;ACB1>6=:2 6:2 =:?1<D:2 3? 9"0S) <54356<5: L:1 <: H <0 3 <6 @A3 Q6B?6 646<F9: ;:=3 3X;432264 2A62 1=Z162 >:? ;B3<6 1<=3;3<=P<>160 32232 Q:4<612 3B3 65A6K6 >:?: =1435:4 3 ;:=16 1?;41?14 23A ;3<26?3<5: <9: 6;3<62 <:2 23A2 53X5:2 ?62 <6 ;4E;416 >:<>3;79: @A3 <:4536K6 :2 Q:4<6120 226 1<=3;3<=P<>16 >:<@A1256=6 <32232 Q:4<612 3256K6 43B6>1:<6=6 6:2 :CQ351K:2 ;:BU51>:2 =32232 E4D9:2 =3 =1KABD679:0 H <0 &:A5AC4: =3 &'S) 65Z 1<U>1: =:2 6<:2 =3 &'(), =3 ;4:;413=6=3 =3 6LZ 1BF: L:1 LA<=6=: >:? : 1<5A15: =3 ;ACB1>64 651K1=6=32 =323<K:BK1=62 ;:4 B1=346<762 K1<>AB6=62 6: 0 %6C41B =3 &'S' 6 ?647: =3 &'(*+ 346 A? Q:4<6B =: ;4E;41: Q6B?6 646<F9: @A3 51<F6 54P2 :CQ351K:2 CN21>:2! =1KABD64 62 67H32 @A3 3B3 436B1O6K6 \ L43<53 =6 43L315A46 =3 656B =12>A514 53?62 <6>1:<6B12562 3 =3251<64 32;67:2 <6 1?;43<26 ;646 @A3 : ?:K1?3<5: 325A=6<51B =6 Z;:>6 ;A=3223 23 3X;4322640 : 5:>6<53 \ ;:BU51>6 ;6451=N416 ;4:;416?3<53 =156 6 546Q35E416 =3 Q6B?6 646<F9: 6;4323<5:A ?A1562 ;3>AB1641=6=320 :1 ?1B156<53 =: - QA<5: >:? 23A 14?9: AU2 D<N>1: 646<F9: 65Z : L1? =: 256=: :K:S&0 :? 6 43=3?:>4651O679: =: ;6U2 3? &'*( 6 B3D6B1=6=3 >:<2515A>1:<6B L:1 435:?6=60 221? 3B317H32 ;4321=3<>1612 L:46? 436B1O6=62 L:1 3B6C:46=6 A?6 <:K6 :<2515A179: 3 L:46? >416=:2 ;6451=:2 ;:BU51>:2 <6>1:<612 L:4532S.0 226 <:K6 >:<L1DA4679: ;6451=N416 <6>1:<6B 1<LBA3<>1:A L:453?3<53 6 ;:BU51>6 <: 1: 46<=3 =: :4530 3223 23<51=: :2 ;6451=:2 <6>1:<612 @A3 ;622646? 6 534 B1=346<762 <: 1: 46<=3 =: :453 L:46? 6 <19: 3?:>4N51>6 6>1:<6B %+ 3 : 6451=: :>16B 3?:>4656 %+0 @A1 <: 3256=: 6 3 : 2A4D146? 6 ;64514 =3 A?6 4A;5A46 <: 6<51D: %6451=: :;AB64+ST0 221? ;622646? 6 L6O34 ;6453 =6 <:45341:D46<=3<23 :2 ?3?C4:2 =: @A3 L6O16? :;:2179: 6 35YB1: 64D62 346? 3B32! 1<6453 641O $AK3<6B 6?6451<3 $:2Z ADA25: BNA=1:0 ;0>152 ;0&d0 =0 C1=0 ;0&/0 6L3U2?: 346 : <:?3 =6=: 6 >:443<53 ;:BU51>6 B1=346=6 ;:4 6LZ 1BF:0 BNA=1:0 ;0>150 ;0&/0 6B3 \ ;3<6 43>:4=64 @A3 =A46<53 5:=: : 256=: :K: : - 3253K3 <6 >B6<=3251<1=6=3 3 L:1 =A46?3<53 ;3423DA1=: ;:4 64D620 5Z &'*( :2 ;6451=:2 346? <151=6?3<53 3256=A6120 6451=: :;AB64 2A4D1A 3? &'T. 3? :;:2179: \2 1<534K3<5:462 <: D:K34<: 64D620 :C43 : ;34U:=: K34! $:2Z <5e<1:0 5 :E.0:. 0 JB:7 &'T)R&'TS0 &'/'0 122345679: 0 9: 6AB:0 l&'/'m0 -3O3446 =3 3=314:2 6 L6?UB16 :26=:S* 3 BAUO1: BK32SS0 $N : 346 43;4323<56=: ;:4 ?3?C4:2 =: 6<51D: @A3 L:46? 1<534K3<5:432 :A 346? B1D6=:2 6 3B320 2 ;41<>1;612 B1=346<762 =: 346?! F3:=:41>: -3O3446 3:4D1<: K3B1<: 3 1:>BZ>1: A64530 646B3B6?3<53 6: 3 6 3X12516? ;6451=:2 >:? A?6 ?3<:4 3X;43229: 3223 346 : >62: =: 6451=: :>16B 4:D43221256 %+0 1=346=: ;:4 6LZ 1BF: @A3 346 >:<21=346=: A?6 534>3146 L:476 ;:BU51>6 <: 1: 46<=3 =: :453 : <9: ;3453<>16 \2 L:4762 ;:BU51>62 :B1DN4@A1>62 @A3 =:?1<6K6? 6 ;:BU51>6 3256=A6B0 2 :B1D64@A162 23 =1K1=16? 3<543 6 3 : 0 3223 >:<53X5: =3 ?A=6<762 <6 3254A5A4679: =:2 ;6451=:2 @A3 >646>5341O:A 6 23DA<=6 ?356=3 =:2 6<:2 &'*) 3 :2 6<:2 &'S) Q6B?6 646<F9: 56?CZ? ?A=:A0 ;E2 &( 6<:2 =3 ?1B15[<>16 <: -S( 646<F9: ;622:A 6 ?1B1564 <: >6L3U2?:0 3DA<=: E32 346 <: >6L3U2?: @A3 3256K6? G6D4A;6=62 62 L:4762 ;4:D432212562 =: 1: 46<=3 =: :453 2:C 6 C6<=3146 =6 BA56 >:<546 : 256=: :K: 3 : L62>12?:0I 6>432>3<56 G: L3<e?3<: 5U;1>: =62 BA562 =62 >6?6=62 ?Z=162 A4C6<62 >:<546 62 :B1D64@A162 =6 3;YCB1>6 3BF6 <: 1: 46<=3 =: :453 23 >F6?6 >6L3U2?:0I Sd0 :C234K679: =3 :Z2 Z ;64>16B?3<53 K34=6=31460 22: ;:4@A3 <: 256=: :2 D4A;:2 =3 32@A34=6 @A3 <6 Z;:>6 6;4323<56K6? >:?: ;41<>1;6B C6<=3146 =3 BA56 6 6=:79: ;:4 ;6453 =: 3256=: =3 A?6 ;:BU51>6 <6>1:<6B1256 <9: 346? 6;3<62 :2 >6L3U25620 32@A34=6 3256K6 =1K1=1=6 3<543 : - %>:?A<12562+ 3 : %>6L3U2562 1<=3;3<=3<532+S/0 <54356<5: :2 >:?A<12562 <6@A3B3 ?:?3<5: 51<F6? A?6 3X;43229: ;:BU51>6 C3? 1<L341:4 6: >6L3U2?:0S' >6L3U2?: <: 1: 46<=3 =: :453 651<D1A 23A 6AD3 @A6<=: 6LZ 1BF: 622A?1A 6 K1>3;4321=P<>16 =6 3;YCB1>60 :=6K16 : =1256<>16?3<5: =3 6LZ 1BF: 3? K145A=3 =62 <:K62 LA<7H32 ;4:K:>:A A? 1?;6>5: <3D651K: <: @A3 ;34=3A 2A6 D46<=3 B1=346<76 B:>6B0 646 2A;414 6 6A2P<>16 =3 6LZ 1BF: Q6B?6 646<F9: 5:4<:A23 : BU=34 B:>6B =: 0 32>:BF6 L0 $:2Z 6>34=6 BK320 &, 5 .:! :2 :26=:2 3 : G6U2 =3 :22:4EI0 $:9: 322:6! 46L1235 .))&0 :25341:4?3<53 6 L6?UB16 :26=: 3? &'S& 3 BAUO1: BK32 3? &'() 4:?;346? >:? 6 0 Q6B?6 L:1 3X;AB2: =: ;6451=: ;:4 534 6>A26=: 6 =14379: =3 =32:<32560 ;E2 2614 =: ;6451=: 436L14?:A 2A6 ;:25A46 ?64X1256B3<1<1256 3 : >:?;4:?122: >:? :2 546C6BF6=:432 <A?6 >6456 ;ACB1>6=6 <: Q:4<6B =3 .* =3 6C41B =3 &'*( 1<515AB6=:! 00 0;<00 :6>a4 =30 - A?6 32>:B6 =3?:>4N51>60 ;0&S0 G<=3;3<=3<532 :A ;4:D432212562 346? 6@A3B32 @A3 <9: 23 L1B16K6? 6:2 ;6451=:2 2:>16B12562 :A >:?A<12562 ?62 6;:16K6? 62 ?A=6<762 3254A5A4612 =6 >1=6=3I0 %v 64160 :<>3179:0 0.$JC:/" -0.00.5.00 ;0&&T+0 62>3<=P<>16 1=3:BED1>6 =: >6L3U2?: 2:C43 6 >B6223 :;34N416 3 235:432 =6 ;3@A3<6 CA4DA3216 3 =6 >B6223 ?Z=16 l000m lB1?156K6m 6 >6;6>1=6=3 =3 ;3<354679: 1=3:BED1>6 3 :4D6<1O651K6 =:2 >:?A<12562 :C41D6<=::2 62 6B16<762 >:? >6L3U2562 <62 @A612 3? D346B 23 >:B:>6K6? >:?: L:476 2AC:4=1<6=60 % $:2Z <5e<1:0 5 :E.0:. 0 JB:- &'T)R&'TS0 ;0(S+0 =3 Q6B?6 646<F9: >:?: B1=346<76 =: <9: L:1 A? 6>62: 3B3 3 6LZ 1BF: 51<F6? 1<53432232 >:?A<2 3 346? 62 =A62 D46<=32 B1=346<762 =6 32@A34=6 <:45341:D46<=3<230 D:K34<: 64D62 1<1>16=: 3? &'S& L:1 ?64>6=: ;:4 L:4532 >41232 ;:BU51>62 @A3 =323?C:>646? <: 2A1>U=1: =: ;4321=3<53 3? &'S*0 16<53 =: 2A1>U=1: 6LZ 1BF: 622A?1A 6 ;4321=P<>16 =6 3;YCB1>6 3 ;622:A 6 3X34>34 D46<=3 1<LBAP<>16 2:C43 :2 ;6451=:2 <: 1: 46<=3 =: :4530 221? >:<23DA1A ;:4 3X3?;B: A<14 3? &'S* : 3 6 >:?;:<=: A?6 Y<1>6 >F6;6 ;646 : 3<6=:! 3:4D1<: K3B1<: %+ 3 1<6453 641O %+0 3226 ?32?6 3B3179: : <9: >:<>:443A 6: 23<6=: ?62 >:<23DA1A 3B3D34 Q6B?6 646<F9: 3;A56=: 256=A6B0 <54356<5: <62 3B317H32 ;646 D:K34<6=:4 =: 3256=: 3? &'SS 6 6B16<76 R <9: L:1 4651L1>6=6 3 >6=6 ;6451=: 6;4323<5:A >6<=1=65:2 ;4E;41:20 1<=1>:A $:>3Ba< 1B64 3 6 1<6453 641O0 16<53 =62 >6<=1=65A462 62 32@A34=62 56?CZ? 23 =1K1=146?! : - 6;:1:A : j : B1=346=: ;:4 Q6B?6 646<F9: 6;:1:A 6 0 6;:1: =: 6 3256K6 K1<>AB6=: 6 A? 6>:4=: ;:BU51>: @A3 ;43K16 @A3 : 43L315: =3 656B 23416 =: ()0 B315: D:K34<6=:4 1<6453 641O >A?;41A : 6>:4=: 3 <:?3:A Q6B?6 646<F9:(&0 :12 ?:51K:2 L6K:43>346? 6 <:?3679: =3 Q6B?6 646<F9:! ? ;41?314: BAD64 6 <UK3B l21>m <6>1:<6B 6 6;:16K6 6LZ 1BF: ?3?C4: =: j 3? 23DA<=: BAD64 6 <UK3B l21>m B:>6B 6 >6<=1=65A46 =3 1<6453 641O 346 =3 :;:2179: 6: D:K34<: aBK1: 3=4:O6 @A3 ;3453<>16 6: 3 6 <UK3B l21>m <6>1:<6B 6;:16K6 6 >6<=1=65A46 =3 $A2>3B1<: 3 $6<D: %R-+ >:<546 : >6<=1=65: =6 0(. K15E416 =6 >:? 1<6453 641O 3? &'SS <9: 21D<1L1>6K6 : ;B3<: =:?U<1: =: ;6451=: <: 3256=: 53<=: 3? K1256 @A3 : >:<51<A6K6 ?A15: L:4530 226 L:1 G6 ;41?3146 3 Y<1>6 K3O @A3 :2 A=3<12562 D:K34<646? : 1: 46<=3 =: :4530I (T 51<F6 3B315: : D:K34<6=:4 6<532 =3 1<6453 641O 3 3B3D3A :2 D:K34<6=:432 =3;:12 =3 1<6453 641O0 3223 23<51=: G 3B3D3A l000m $:2Z ADA25: 643B6 &'*d $34e<1?: 1X3;5 :26=: &'S) 3 BAUO1: BK32 &'()I0(* 5Z &'() <9: F6K16 3B3179: ;646 ;43L315: =3 656B0 >64D: 346 :>A;6=: ;:4 1<=1>679: =: D:K34<6=:4 =: 3256=:0 646 622A?14 6 43L315A46 =3 656B Q6B?6 646<F9: B1>3<>1:A23 =6 >6=3146 =3 =3;A56=: 3256=A6B ;646 6 @A6B F6K16 21=: 3B315:0 $:2Z k1BB1<D5:<0 ! 6 >6?;6<F6 =3 ;Z <: >F9:0 ;0(/0 Z4D1: AUO -3O34460 4 $0 0. $0 ; <0, 656B! 3;6456?3<5: 256=A6B =3 ?;43<26 l20=m0;0.) $:2Z k1BB1<D5:<0 ;0>150 ;0*d0 g 1?;:456<53 =3256>64 56?CZ? @A3 3<543 6 3 : <9: 3X12516 A?6 :;:2179: 1=3:BED1>60 221? Z 43K3B6=:46 6 6<NB123 =3 34?6<:0 3DA<=: : 6A5:4 6 =12;A56 3<543 3 346 GA? >:<L4:<5: 3<543 L467H32 =6 :B1D64@A16 6D4N416 3 ;:4 >:<23DA1<53 :2 ;6451=:2 346? 21?;B32 3X;4322H32 <:?1<612 6546KZ2 =:2 @A612 :2 235:432 :B1DN4@A1>:2 23 :4D6<1O6K6? ;646 6 =12;A56 =: ;:=34I(S <6 CA2>6 =3 ;43234K64 6 215A679: K1D3<530 :4 <9: 6;4323<5643? :;:217H32 1=3:BED1>62 62 6B16<762 =6 3 =: >:? 6 32@A34=6 346? 23?;43 >14>A<256<>16120 3226 L:4?6 Q6B?6 646<F9: 3? ?:?3<5:2 =1L343<532 6B1:A23 6 A? :A 6 :A54: ;6451=:0 ? &'S( 6B1:A23 6 3 6;:1:A 6 >6<=1=65A46 1<6453 641O ;646 : D:K34<: =: 3256=:j 3? &'() L3O 6B16<762 >:? : 3 6;:1:A BAUO1: BK32 ;646 : ?32?: >64D:0 ;3264 =6 :41D3? :B1DN4@A1>6 =:2 =:12 ;6451=:2 3 =:2 =:12 >6<=1=65:2 3B32 43;4323<56K6? 62 L:4762 ;4:D432212562 =: 256=: <:2 ?:?3<5:2 32;3>UL1>:2 3? @A3 Q6B?6 646<F9: 3256C3B3>3A 62 6B16<7620 ? &'S( @A6<=: Q6B?6 646<F9: L:1 1<=1>6=: 43L315: =3 656B 3X125146? ?A1562 432125P<>162 56<5: =6 ;4E;416 @A6<5: =: 3 =6 D43Q6 65EB1>60 2232 235:432 >:<53256K6? 6 1<=1>679: =3 646<F9: >:? : 64DA?3<5: =3 @A3 3B3 51<F6 A?6 :41D3? <6 ?1B15[<>16 >:?A<12560 ADP<1: 6B32 <6 Z;:>6 C12;: =6 4@A1=1:>323 =3 656B L14?:A 2A6 ;:2179: >:<54N416 6B3D6<=: @A3 646<F9: 346 ?64X1256B3<1<1256 3 @A3 <3226 >:<=179: QN F6K16 1<>BA21K3 21=: ;432: =A46<53 6 2A6 QAK3<5A=30(( 0 E32 =3?:<2546 >:?: : ;6451=: @A3 F6K16 L315: :;:2179: 6 1<6453 641O ;4:5325:A >:<546 6 1<=1>679: =3 Q6B?6 646<F9:! <: =16 =3 2A6 ;:223 6 ;41?3146 ;ND1<6 =: Q:4<6B =: Z :>A;6=6 5:=6 3B6 ;:4 6<Y<>1: LY<3C43! 3<>1?6=6 ;:4 A?6 D46<=3 >4AO 3? <3D415: 6 1<L:4?679: =: GC1.0 00! A? >:?A<1256 L:46 <:?36=: ;646 6 ;43L315A46 =3 656B0I(d <:?3679: =3 Q6B?6 646<F9: ;:4 1<6453 641O ?:2546K623 436B?3<53 >:<546=15E4160 22: ;:4@A3 1<6453 641O 346 A?6 =62 B1=346<762 =6 :B1D64@A16 6BD:=:3146 ;3>AN416 =: 256=: 23<=: 6<51>:?A<1256 53<=: >:?C651=: :2 43K:BA>1:<N41:2 =3 &'TS <6 43D19: =: 341=E 3<@A6<5: Q6B?6 646<F9: 6BZ? =3 534 21=: A? 43K:BA>1:<N41: 3? &'TS 23 1=3<51L1>6K6 >:? 6 >6A26 ;:;AB64(/0 32?: >:B:>6=:2 1=3:B:D1>6?3<53 3? >6?;:2 :;:25:2 Q6B?6 646<F9: 3 1<6453 641O >:<23DA146? ?6<534 6 6B16<76 ;:BU51>6 L1X6=6 3? &'S( 65Z &'S'0 3223 6<: Q6B?6 =0 C1=0 ;0*/0 3?E416 2A?N416 =: 6BN>1: 3B1;3 6?649: 6;A= =0 C1=0 ;0('0 :6>a40 ! A?6 32>:B6 =3?:>4N51>60 ;0&'0 $:2Z k1BB1<D5:<0 ;0>150 ;0('0 646<F9: 43<A<>1:A 6: >64D: =3 ;43L315: 3 622A?1A A?6 >6=3146 <6 [?646 3=346B =6 @A6B 346 &n 2A;B3<53 =32=3 6 3B3179: =3 &'S/ ;3B6 B3D3<=6 =: 6451=: 46C6BF1256 6>1:<6B %+0 Q6B?6 646<F9: 622A?1A 6 ;43L315A46 3? &'S( ?62 =A46<53 : ;34U:=: 3? @A3 3253K3 <: 3X34>U>1: =: ;:=34 23 B1>3<>1:A =: >64D: 6BDA?62 K3O32 56<5: ;646 >:<>:4434 6 >64D:2 3B351K:2 @A6<5: ;646 ;6451>1;64 =3 =3>12H32 1?;:456<532 <6 223?CBZ16 3D12B651K6 :<=3 51<F6 A? ?6<=65: ;64B6?3<5640 ? A?6 =32262 K3O32 3? &'S/ >:<>:443A 6 A?6 >6=3146 <6 [?646 3=346B ;3B6 B3D3<=6 =: 0 >6<=1=65A46 ;3B: :>:443A ;:4@A3 <3226 Z;:>6 646<F9: 4:?;3A >:? : ;:4 <9: >:<>:4=64 >:? 62 =143541O32 L:4<3>1=62 <6>1:<6B?3<53 ;3B: ;6AB1256 =F3?64 =3 -644:2 ;41<>1;6B BU=34 =: ;6451=:0 :?;1=: >:? : Q6B?6 646<F9: 43>3C3A A?6 ;4:;:256 =3 L1B1679: 6: 6451=: 46C6BF1256 -4621B314: %-+ L3156 ;:4 AU2 :<O6D6 =:2 6<5:2 @A3 <6 Z;:>6 346 ;4321=3<53 B:>6B =: ;6451=:0 :=6K16 646<F9: <9: 6>315:A 6 ;4:;:256 3 ;43L341A : @A3 2A4D16 >:?: A?6 <:K6 6D43?1679: ;:BU51>6 <: 256=:0(' 226 ?A=6<76 =3 Q6B?6 ;646 : <9: 21D<1L1>:A : 4:?;1?3<5: =3B3 >:? : D:K34<6=:4 1<6453 641O0 6B16<76 3<543 Q6B?6 646<F9: 3 1<6453 641O 2E 534?1<:A @A6<=: 646<F9: =31X:A : >64D: =3 ;43L315: =6 >6;156B 3 622A?1A 6 >6=3146 <6 [?646 3=346B 3? QABF: =3 &'S' 3 ;34?6<3>3<=: <: >64D: 65Z )S =3 <:K3?C4: =3 &'() @A6<=: 5:?:A ;:223 >:?: ;41?314: ;43L315: 3B315: =3 656B0 3B3179: =3 &'() ;646 ;43L315: =3 656B 2E L:1 ;:22UK3B ;:4 >6A26 =6 6;4:K679: =3 A? ;4:Q35: =3 B31 =3 [?C15: L3=346B @A3 D646<516 6A5:<:?16 6=?1<1254651K6 3 ;:BU51>6 ;646 62 >6;156120 5Z 3<59: : ;43L315: =62 >6;15612 346 >64D: =3 >:<L16<76 =:2 D:K34<6=:432 =:2 3256=:20 "A6<=: 622A?1A 2A6 ;41?3146 6=?1<1254679: 3? &'S( Q6B?6 646<F9: 346 =3;A56=: 3256=A6B 3B315: 3? &'S*0 "A6<=: <3>322N41: B1>3<>16K623 =: 3X3>A51K: ?A<1>1;6B ;646 622A?14 2A6 >6=3146 <6 223?CBZ16 3D12B651K6 :<=3 432;:<=16 6 B1=346<76 =3 1<6453 641O0 1K34262 K3O32 =31X:A 6 ;43L315A46 ;646 622A?14 : B3D12B651K:0 ? A?6 =32262 :>621H32 <: L1<6B =3 &'S/ Q6B?6 646<F9: ;4353<=16 K:564 A?6 3?3<=6 >:<2515A>1:<6B @A3 =6416 6A5:<:?16 6=?1<1254651K6 \ >1=6=3 =3 656B 23DA1<=: ;43>315: >:<2515A>1:<6B =3 &'*(0 :<2515A179: 3=346B =3 &'*( 6223DA4:A 6 6A5:<:?16 ;:BU51>6 6=?1<1254651K6 3 L1<6<>3146 =:2 ?A<1>U;1:2 C4621B314:2 ;:4Z? >6C16 6:2 3256=:2 6 >41679: =3 =12;:2151K:2 ;646 D646<514 6 3B3179: =:2 ;43L315:20 ;4:Q35: =3 B31 =3 6A5:<:?16 6=?1<1254651K6 =3 656B L:1 =3264@A1K6=: ;:4 Q6B?6 646<F9: @A3 5:?:A ;646 21 6 6A5:416 =: ;4:Q35:0 3226 3?;43156=6 :;79: ;3B: L:1 ;:4@A3 3253 ;6451=: <6 Z;:>6 6;3264 =3 234 ;:A>: >:<F3>1=: <: :4=3253 =: -4621B 346 A?6 L:476 3? 9: 6AB: 3 3? :A54:2 3256=:2 <: 2AB =: ;6U20 3223 23<51=: <6@A3B3 ?:?3<5: : ;6451=: @A3 43;4323<56K6 :2 546C6BF6=:432 3 : <6>1:<6B12?: 3 @A3 >432>16 >:?: L:476 ;:BU51>6 346 : 0 >:<23DA1A ;:4 A<6<1?1=6=3 6 6;4:K679: =6 B31 D646<51<=: 6 436B1O679: =62 ;41?31462 3B317H32 =143562 ;646 6 43L315A46 =: 656B QA<5: \ 3B3179: ;646 D:K34<6=:4 3 K1>3D:K34<6=:4 =: 256=: 3? )T0&)0()0 3DA<=: 1>16<: A6453 %>F3L3 =3 D6C1<353 =6 43L315A46 =3 656B 3? &'()+d) 3223 ;4:Q35: L:1 6;4:K6=: ;:4 A<6<1?1=6=3 : @A3 1<=1>6 @A3 :2 ;4E;41:2 =3;A56=:2 @A3 L6O16? :;:2179: 6 1<6453 641O 6;:1646? 6 1<1>1651K60 <54356<5: A6453 3<L651O6 @A3 A? =:2 L65:432 @A3 3251?AB:A Q6B?6 646<F9: 6 BA564 ;3B6 6A5:<:?16 6=?1<1254651K6 =3 656B L:1 6 2A6 <9: 3B3179: ;646 =3;A56=: 3=346B <: ;B315: =3 &'S/0 6@A3B6 Z;:>6 646<F9: 346 ;43L315: =6 >6;156B ?62 346 A? >64D: =3 >:<L16<76 =: D:K34<6=:4 <9: 53<=: 6A5:<:?16 =3 2A62 =3>12H320 1<6453 641O A26<=: =3 23A2 ;:=3432 =3534?1<:A @A3 L:223? B1C346=:2 KN41:2 e<1CA2 @A3 L6O16? : 546<2;:453 =3 ;6226D314:2 <6 >6;156B ;646 : 1<5341:4 ;646 653<=34 6 :A54:2 >F3L32 ;:BU51>:20 646<F9: 23 K1A ;43QA=1>6=: >:? 6 =3>129: ;:12 B3D6K6 @A3 <9: L:1 3B315: ;:4@A3 514646? :2 e<1CA2 =6 >1=6=3 <: =16 3 F:AK3 A?6 6C253<79: @A3 ;43QA=1>:A ?A15: 3B3 l000m : >:?;4:?122: =: D:K34<: 346 @A3 <9: 435146223? :2 e<1CA2 =6 >1=6=3 ;:12 3B3 <9: 51<F6 3254A5A46 ;646 >:<=AO14 :2 3B315:432 62 A4<62 3 23 :2 234K17:2 =3 546<2;:453 51K3223? LA<>1:<6=: <:4?6B?3<53 3B3 53416 A?6 C:6 K:5679:0 l16<53 =122:m GQ6B?6 l6L14?:Am! 3<FA? D:K34<6=:4 K61 ?612 <:?364 : ;43L315: =3 656BI0d& 6;4:K679: =6 3?3<56 @A3 D646<516 3B317H32 =143562 ;646 ;43L315: =3 656B 1?;:221C1B15:A @A3 Q6B?6 646<F9: L1>6223 <: >64D: 65Z 62 3B317H320 22: ;:4@A3 6 B31 <9: 3X;B1>156K6 @A3 : ;43L315: =6 >1=6=3 =31X6416 =3 234 <:?36=: ;3B: D:K34<6=:4 6;3<62 @A6<=: :>:443223 6 ;41?3146 3B3179:0 :?: 6 B31 <9: 3256C3B3>16 >B646?3<53 @A3? =3K3416 234 : ;43L315: 65Z 62 3B317H32 6 [?646 =3 3436=:432 3<53<=3A @A3 @A3? 622A?1416 6 43L315A46 65Z 6 3B3179: 23416 : 23A ;4321=3<530 <54356<5: : D:K34<: =: 3256=: >:<51<A:A <:?36<=: : ;43L315:0 221? Q6B?6 >:<51<A:A ;43L315: 3 <62 2A62 6A2P<>162 622A?16? : >64D: ;:4 <:?3679: =3 1<6453 641O :6>a4 =3 E32 :A :C345: A456=: %>F3L3 =3 D6C1<353 3 3>435N41: =3 3DE>1:2 <534<:2 3 $A4U=1>:2 432;3>51K6?3<53+0 16<53 =6 6515A=3 =: D:K34<: =: 256=: 6 [?646 =3 3436=:432 43>:443A 6: A;43?: 41CA<6B 3=346B @A3 QABD:A : ;4:>322: L6K:46K3B?3<53 6:2 K3436=:432 :A 23Q6 622A?1416 6 ;43L315A46 : 4321=3<53 =6 [?646 <6 Z;:>6 : K3436=:4 $:2Z 1<5: 43143 65Z @A3 L:223 3B315: : ;41?314: ;43L315:0 3226 L:4?6 Q6B?6 646<F9: 53K3 23A ?6<=65: <6 ;43L315A46 1<5344:?;1=: 3 ;622:A 6 3X34>34 1>16<: A6453 3? 3<543K1256 >:<>3=1=6 \ 6A5:46 3? .& ?61: .))T0 1>16<: A6453 3? 3<543K1256 >:<>3=1=6 6 6A5:46 3? .& ?61: .))T0 >6=3146 =3 =3;A56=: L3=346B 65Z <:K3?C4: =3 &'() @A6<=: 23 B1>3<>1:A =: >64D: ;646 >:<>:4434 \2 3B317H32 =143562 ;646 ;43L315: =3 656B0 Q6B?6 646<F9: 23 >6<=1=65:A >:? : 6;:1: ;:BU51>: =:2 D4A;:2 @A3 3251K346? 6 L43<53 =: H <0 3 =: 0 A6 >6<=1=65A46 L6O16 :;:2179: 6 1<6453 641O 61<=6 <: D:K34<: =: 256=: 3 3256C3B3>3A A?6 6B16<76 ;:BU51>6 >:? BAUO1: BK32 3<59: =1221=3<53 =6 0 3226 <:K6 6B16<76 Q6B?6 646<F9: 3 BAUO1: BK32 L:4?646? 6 >:B1D679: K15:41:26 4AO6=6 =6 2;346<760 221? Q6B?6 646<F9: 5:4<:A23 : ;41?314: ;43L315: 3B315: =3 656B 3? &'() >:? A?6 3X;43221K6 K6<56D3? =3 K:5:2! .&0'*d K:5:2 >:<546 &&0../ K:5:2 =: >6<=1=65: =6 0 <@A6<5: 122: BAUO1: BK32 L:1 3B315: ;646 : D:K34<: =: 256=: >:? &.&0)d( K:5:2 >:<546 '/0&'S K:5:2 :C51=:2 ;:4 Q6B?6 641<F: >6<=1=65: =6 3 >:<23@s3<53?3<53 =3 1<6453 641O0 d. 6 2A6 ;41?3146 6=?1<1254679: %&'S(&'S'+ 6=:5:A ;:BU51>62 K:B56=62 ;646 : 3<21<: ;YCB1>: ;646 : =323<K:BK1?3<5: =3 ;4N51>62 >AB5A4612 3 ;646 :C462 =3 1<L463254A5A46 A4C6<60 3<=: A?6 6=?1<1254679: @A3 >:<21=346?:2 534 21=: A?6 D3259: ;6451>1;651K6 <6 ?3=1=6 3? @A3 6 ;:;AB679: 23 3<K:BK16 <62 67H32 3?;433<=1=62 ;3B6 43L315A46 Q6B?6 646<F9: 6=:5:A A?6 2Z413 =3 ?3=1=62 @A3 >:<56K6? >:? 6 ;6451>1;679: =6 ;:;AB679:! >6?;6<F62 =3 64C:41O679: =3 >6B76?3<5: =3 4A62 3 >6B76=62 =3 =:679: =3 B1K4:20 3223 23<51=: 3? &'S( 6 43L315A46 436B1O:A A?6 43L:4?6 6=?1<1254651K6 >:? : :CQ351K: =3 43DAB641O64 3 =1<6?1O64 :2 234K17:2 =6 43L315A46j >41:A : 4:D46?6 =3 2>:B1<F62 A<1>1;6120 2 2>:B1<F62 LA<>1:<6K6? 3? 32;67:2 >3=1=:2 \ 43L315A46 ;:4 ?:46=:432 >BAC32 =3 LA53C:B 32>:B62 =3 26?C6 21<=1>65:20 <54356<5: 62 1<534K3<7H32 <: 32;67: LU21>: =6 >1=6=3 @A3 51K346? =3256@A3 <3226 ;41?3146 6=?1<1254679: 43LB35146? A? ;4:>322: =3 546<2L:4?67H32 @A3 6>:<53>16? 3? [?C15: <6>1:<6B 3? KN4162 >6;15612 C4621B31462 ?:51K6=:2 ;3B:2 6<231:2 =3 ;4:D4322: 3 1<=A25416B1O679: ;4:;6D6=:2 ;3B: :K34<: 3=346B0 2 67H32 =6 ;43L315A46 =143>1:<6=62 6 :C462 =3 1<L463254A5A46 A4C6<6! >6B76?3<5: =3 4A62 3 >6B76=62 62L6B56?3<5: =3 6K3<1=62 43L:4?6 3 >:<254A79: =3 ;62231:2 ;YCB1>:2 6?;B1679: 3 43L:4?6 =3 D6B34162 =3 NDA62 ;BAK1612 <:2 C6144:2 >:<254A79: =3 <:K:2 ?34>6=:2 ;YCB1>:2 B6K6<=3416 ;YCB1>6j >:<254A79: =3 32;67:2 =3 B6O34 3 >AB5A46 35>0dT=3?:<2546K6? @A3 6 >1=6=3 >432>16 K6D64:26?3<53 3 ;43>126K6 23 ?:=34<1O640 6 23DA<=6 6=?1<1254679: %&'()R&'(*+ : 43L315: CA2>:A =64 >:<51<A1=6=3 \2 ;:BU51>62 =323<K:BK1=62 <: D:K34<: 6<5341:40 16B:D6<=: >:? :2 43;4323<56<532 =3 :?15P2 =3 -6144:2 3 61<=6 =A46<53 6 >6?;6<F6 3B315:46B 3=A>679: 3 >AB5A46 29: 32>:BF1=62 >:?: ?3562 $:4<6B /<0 656B )/ QA<0 &'()0 61B=3 6BK9: 3? 3<543K1256 >:<>3=1=6 6 6A5:46 3? &' =3 ?61: =3 .))T 3 3? &d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d* 4:D46?6 =A>6>1:<6B 6>:<53>3416 1<53D46=: \2 651K1=6=32 >AB5A46120 2262 651K1=6=32 23 =6416? <: A23A =3 453 :;AB64 3? 3K3<5:2 >:?: 3146 =3 1K4:2 3 <62 651K1=6=32 3 C1CB1:53>62 =62 46762 =3 AB5A460 546Q35E416 ;:BU51>6 =3 Q6B?6 646<F9: 1<1>16=6 <:2 6<:2 =3 &'T) 3 >:<2:B1=6=6 <:2 6<:2 =3 &'() L:1 ?64>6=6 ;3B62 BA562 <6>1:<6B12562 =: ;34U:=:0 622:A ;:4 ;6451=:2 @A3 43;4323<56K6? :2 235:432 ;:;AB6432 3 =3L3<=16? : <6>1:<6B12?:0 3223 23<51=: Q6B?6 ;622:A ;3B: - - 3 : - ;6451=:2 @A3 ;:22AU6? A? =12>A42: ;4:D432212560 <54356<5: L:1 D46762 \2 6B16<762 QA<5: \2 L:4762 :B1DN4@A1>62 =6 ;:BU51>6 B:>6B @A3 Q6B?6 646<F9: ;e=3 >F3D64 \ ;43L315A46 =3 656B0 .0. 3K:BA79: AC6<6 =3 &'S' 3 6 ?:K1?3<5679: ;:BU51>6 <: :4=3253 >:?: 62 1D62 6?;:<3262 3 6 K15E416 =3 44632 3 646<F9: ;646 62 43L315A462 =3 3>1L3 3 656B 432;3>51K6?3<53 346? QA251L1>651K62 2AL1>13<532 ;646 @A3 : D:K34<: <:4536?341>6<: 6546KZ2 =6 B16<76 ;646 : 4:D4322: 1<534L341223 <6 ;:BU51>6 3>:<e?1>6 =: -4621B0 :? : L1? =6 A3446 A<=16B 62 D46<=32 ;:5P<>162 256=:2 <1=:2 3 <19: :K1Z51>6 =346? 1<U>1: 6 A?6 =12;A56 ;3B: ;:=34 3? 32>6B6 ?A<=16B >:<F3>1=6 >:?: A3446 416 @A3 23 >646>5341O:A ;3B6 =12;A56 ;:4 N4362 =3 1<LBAP<>16 3? 5:=: : ?A<=:0 3 3<>:<54: \ 65A679: 2:K1Z51>6 @A3 6;:1:A 6 3K:BA79: :>16B1256 3? AC6 %&'S'+ : 4321=3<53 =:2 256=:2 <1=:2 $:F< c3<<3=a B6<7:A 3? &T =3 ?61: =3 &'(& <: 3<>:<54: X546:4=1<N41: =: :<23BF: >:<e?1>: 3 :>16B <534?341>6<: 3? A<56 =3B 253 <: 4ADA61 : ;4:D46?6 =3 =323<K:BK1?3<5: >F6?6=: B16<76 646 : 4:D4322: >416=: >:? 6L1<6B1=6=3 =3 6416 =6 A16 :AO60 ! "..0015 0 ;0'd0 :L343>34 6QA=6 L1<6<>3146 <:4536?341>6<6 6:2 ;6U232 =6 ?Z41>6 651<6 ;646 6 436B1O679: =3 43L:4?62 3 ;646 1?;3=14 : 6K6<7: =: 2:>16B12?: ;646 :A54:2 ;6U2320 3DA<=: -6<=3146 2 K34C62 =6 B16<76 646 : 4:D4322: 6 L1? =3 ;4353<26?3<53 ;4:?:K34 >3456 ?3BF:416 <:2 ;6=4H32 =3 K1=6 =6 ;:;AB679: <:4=3251<6 >:<2515AU46? 6;3<62 A? =:2 1<254A?3<5:2 >:? @A3 : 1?;3416B12?: <:4536?341>6<: Q:D:A ;646 >:<534 :A 32?6D64 @A6B@A34 43K:BA79:0 dS BZ? =62 1D62 6?;:<3262 6 K15E416 3B315:46B =62 43<532 6>1:<6B12562 >:? 6 ;6451>1;679: =62 L:4762 =3 32@A34=6 56?CZ? 346 >:<21=346=6 6?3676=:46 ;646 :2 256=:2 <1=:20 3?:<2546K6 6 46=1>6B1O679: =6 K1=6 ;:BU51>6 <6 43D19: :4=32530 2 ;43L315A462 =62 >6;15612 3>1L3 3 656B QN F6K16? 21=: >:<@A1256=62 ;3B:2 <6>1:<6B12562 1DA3B 44632 3 Q6B?6 646<F9: 432;3>51K6?3<53 3 : D:K34<: <:4536?341>6<: =3K3416 546564 <6@A3B3 ?:?3<5: =3 1?;3=14 6 >F3D6=6 =3B32 6:2 D:K34<:2 3256=A6120 3DA<=: 61K6 : L1<6<>16?3<5: =3 >6<=1=65:2 6<51<6>1:<6B12562 <9: 346 2AL1>13<53 =3K342316 L:456B3>34 :2 ;:BU51>:2 @A3 6 6A5:46 >F6?:A =3 43>3;51K:20 BAUO1: BK32 346 A? =3B320 6A5:46 6>432>3<56 @A3 BAUO1: BK32 >:<QAD6K6 >646>534U251>62 1=3612! :4 A? B6=: 3B3 346 >6;6O =3 >:<54:B64 :2 1?;AB2:2 =3 46=1>6B1O679: =62 >B62232 ;:;AB6432 6546KZ2 =6 ;4N51>6 =3 A?6 ;:BU51>6 AB546?6<1;AB65E416 3 2AL1>13<53?3<53 6?C1>1:2: 3 >:<234K6=:4 ;646 <9: 43;4323<564 A? ;341D: ;:53<>16B =3 3K:BA79: ;646 6 32@A34=60 :4 :A54: 3?C:46 6B16=: 6 6BDA?62 :B1D64@A162 546=1>1:<612 3B3 43;4323<56K6 6 K15E416 =3 A?6 ;:BU51>6 =3 1<>3<51K: \ 1<=A25416B1O679: <: l1: 46<=3 =: :453m0 4656K623 ;:12 =3 6QA=64 A? D:K34<: GL6K:4NK3B 6: ;4:D4322:0d( D:K34<: <:4536?341>6<: 2E ;4353<=16 1<K32514 <:2 3256=:2 6=?1<12546=:2 ;:4 D:K34<6=:432 43>3;51K:2 6: ;4:D46?6 @A3 L:223? >:<21=346=:2 >:<L1NK3120 :? 122: 53<5:A 3X>BA14 : 3256=: =3 34<6?CA>: D:K34<6=: ;:4 1DA3B 44632 =3 @A6B@A34 6AXUB1:0dd <@A6<5: :2 :A54:2 3256=:2 =6 43D19: :4=3253 3<K1646? ;4:Q35:2 43B651K:2 6:2 235:432 =3 3=A>679: 26Y=3 6D41>AB5A46 1<=A25416B1O679: F6C15679: ;:;AB64 53B3>:?A<1>67H32 - :<1O0 5>04G 0 .03=0 1: =3 $6<314:! 1K1B1O679: -4621B3146 &'d/0 ;0**d0 6<1B=60 . 00 ;0.T0 , -6<=31460 5>04G 0 ;0**(0 23DA46<76 ;YCB1>6 35>0 <: 1: 46<=3 =: :453 <3<FA? 235:4 =6 6=?1<1254679: 3256=A6B 3B6C:4:A ;4:Q35:2 3 122: 6>64435:A 6 1=6 =3 BAUO1: BK32 6:2 256=:2 <1=:2 6 L1? =3 >:<K34264 =14356?3<53 >:? : ;4321=3<53 $:F< c3<<3=a0 $A251L1>6K623 : D:K34<6=:4 6B3D6<=: @A3 : 6;:1: 6 Q6B?6 646<F9: =3K1623 6: >4Z=15: @A3 :2 >:?A<12562 =3;:2156K6? 3? 23A ;4:Q35: =3 >:?C653 \ ;:C43O6 3 6: =323<K:BK1?3<5: =: 1: 46<=3 =: :4530d/ 2 1<53432232 6?341>6<:2 3 =: D:K34<6=:4 BAUO1: BK32 346? >:<K34D3<532 <: @A3 =1O 432;315: 6: 51;: =3 ;4:D46?6 @A3 23416 3X3>A56=:! :2 ;4:D46?62 =3 1?;6>5: @A3 23 >:<>3<546K6? 3? N4362 >:?: 26Y=3 3 3=A>679: ?:2546<=: =3226 L:4?6 \ ;:;AB679: : 1<5343223 <:4536?341>6<: 3 =: D:K34<: 3256=A6B ;3B: 23A C3?325640 ? =:2 ;4:D46?62 L:1 +=: ;41?3146 3X;341P<>16 =: ?Z5:=: 6AB: 431430d' 0 BZ? =6 >:<>3229: =3 3?;4Z251?:2 :2 256=:2 <1=:2 3X;:456K6? 325465ZD162 =3 679: ;646 432:BK34 62 53<2H32 2:>1612 =6 43D19:0 3DA<=: 1BK6 43B65E41: =3 A?6 ?1229: =6 B16<76 646 4:D4322: @A3 3253K3 <: :4=3253 <: L1<6B =: 6<: =3 &'(& 43>:?3<=6K6 A? ;4:D46?61?;6>5: =3 >64N534 3254156?3<53 6221253<>16B1256 >AQ: :CQ351K: 346 : =3 32K6O164 ;:B151>6?3<53 62 1D62 6?;:<3262 3 2:B6;64 6 B1=346<76 =62 L:4762 ;:;AB6432 3?34D3<532 <: :4=3253j 3 32K6O164 =3?:D46L1>6?3<53 6 43D19: ;646 L6O34 C61X64 62 ;4322H32 6D4N4162 3 A4C6<620 /) 2 6>:4=:2 3<543 BAUO1: BK32 3 6 B16<76 ;646 : 4:D4322: L6K:43>346? 6 436B1O679: =:2 ;4:D46?62 =: D:K34<: 3 23A L:456B3>1?3<5: ;:BU51>:0 ?;B3?3<5:A A? ;4:D46?6 >:? L:453 ;4323<76 =: >6;156B 32546<D314: 622:>16=: 6:2 D46<=32 1<53432232 A4C6<:2 3 4A46120 :? 5612 1<K3251?3<5:2 3 :2 43>A42:2 K1<=:2 =6 >41646?23 6 :?;6<F16 =3 34K17:2 BZ541>:2 =: 1: 46<=3 =: :453 %+j 6 >:?;6<F16 =3 DA6 3 2D:5: %+j 6 :?;6<F16 3B3Le<1>6 =: 1: 46<=3 =: :453 %+j 6 A<=679: =3 6C15679: :;AB64 %+ 3 : 34K17: ::;34651K: =3 =A>679: =: 1: 46<=3 =: :453 %+0 A546 >:<23@sP<>16 =6 A3446 416 ;646 : 3256=: L:1 6 >:<254A79: ;3B:2 6?341>6<:2 =6 -6443146 =: <L34<:! C623 ?1B1564 ;646 B6<76?3<5: =3 L:DA3532 ;:12 6 >:<@A1256 =: 32;67: 21=346B 56?CZ? 346 1?;:456<53 <6 =12;A56 3<543 256=:2 <1=:2 3 <19: :K1Z51>60 : ?32?: 53?;: F6K16 A?6 :;:2179: <6>1:<6B1256 B1=346=6 ;3B: ;43L315: Q6B?6 646<F9: @A3 =A46<53 5:=6 6 2A6 6=?1<1254679: L3O :;:2179: 6:2 6>:4=:2 3<543 : D:K34<: =: Z4D1: A1O -3O34460 .$J ! ;:;AB12?: 3 ?:=34<1O679: <: 1: 46<=3 =: :4530 656B! 3C: 34?3BF: .))*0 ;0 .)).)&0 =0 C1=0j L0 , 34<6<=32 <5e<160 +=5! : ?Z5:=: 6AB: 43143 ;:BU51>6 3 ;3=6D:D16 <6 3X;341P<>16 =3 <D1>:20 9: 6AB:! =15:46 51>6 &''*0 $A251<6 K9 =3 46YQ:0 >0.0 $0! 325A=: =3 A? ?:K1?3<5: % &'()&'('+0 ;0S(0 3256=: 3 6 B16<76 646 : 4:D4322:0 3223 ;34U:=: : <6>1:<6B12?: 3256K6 43B6>1:<6=: \ BA56 >:<546 : 1?;3416B12?: <:4536?341>6<: 3 >:<546 : B651LY<=1:0 12>A426<=: <6 [?646 3=346B 3? &'S' <6 :>6219: 3X34>3<=: : ?6<=65: =3 =3;A56=: L3=346B =12>:443A 2:C43 6 3X;B:4679: ?1<346B <: 1: 46<=3 =: :453 ;3B6 3?;4326 <:453 6?341>6<6 k6F>F6<D :4;:4651:<! "A343?:2 6@A1 L6O34 A?6 6>A2679: =62 ?612 D46K32 ;646 3253 ;6U2 :<=3 <9: 23 5:?6 >:<F3>1?3<5: =:2 622A<5:2 @A3 436B?3<53 1<5343226? 6 2:C43K1KP<>16 =6 <6>1:<6B1=6=30 l000m D46K1=6=3 <9: 325N 2:?3<53 <3256 32;:B1679: ?62 <: L65: =3 32564 6 k6F>F6<D CA4B6<=: : L12>: <6>1:<6B0 B6 <9: 23 >:<L:4?6 2:?3<53 3? 3X;B:464 : 546C6BF6=:4 <6>1:<6B ;6D6<=:BF3 K1B?3<53 : 26BN41: ?U<1?: l000m0 >:<53>3 @A3 56<5: : L12>: L3=346B >:?: : 3256=A6B 3 ?A<1>1;6B 3259: 23<=: B326=:2 :253<21K6?3<53 ;3B6 k6F>F6<D0 l000m g =3256 ?6<3146 @A3 :2 <:22:2 6?1D:2 =6 ?Z41>6 =: :453 3259: 6QA=6<=: : =323<K:BK1?3<5: 3>:<e?1>: =: -4621B! 5146<=: 5A=: ;:4 5:=:2 :2 B6=:2 3 ;:4 5:=:2 :2 ?31:20/& 34?6<: 21<5351O6 : <6>1:<6B12?: <: 1: 46<=3 =: :453 <:2 6<:2 &'() >:?: 23<=: : >:?C653 6: 1?;3416B12?: ;41<>1;6B?3<53 =:2 : 43>:<F3>1?3<5: =6 3X125P<>16 =3 A?6 43B679: =3 =:?1<679: 3<543 <67H32 6 >:<=3<679: =6 43?3226 =3 BA>4:2 ;646 : 3X5341:4 @A3 >:<QA<56?3<53 L6K:43>3? : 2AC=323<K:BK1?3<5: =: ;6U2 3 6 3X;B:4679: =: ;:K: 5:4<6<=:23 <3>322N41: 4:?;34 32232 B67:2 =3 =:?1<679: 6546KZ2 =3 A? ;4:>322: =3 B1C345679: 0/. 546Q35E416 ;:BU51>6 =3 Q6B?6 646<F9: =6K6 \2 67H32 =3 2A6 6=?1<1254679: 3 6: =323<K:BK1?3<5: =6 6?;6<F6 A?6 :413<5679: <6>1:<6B12560 >6?;6<F6 =3 3=A>679: ;4:?:K1=6 ;3B6 ;43L315A46 <9: >:<56K6 >:? : 6;:1: =: D:K34<: 3256=A6B 3 <3? >:? :2 43>A42:2 =6 B16<76 ;646 : 4:D4322:0 3DA<=: :6>a4 =3 E32 6 :;:2179: L43<53 \ B16<76 ;646 : 4:D4322: D6<F6K6 A? 32;67: ;:BU51>: ?61:4 3 : ;43L315: Q6B?6 646<F9: >:? : :CQ351K: =3 =1L343<>164 : 23A D:K34<: =: =3 BAUO1: BK32 =3<:?1<:A 6 YB51?6 L623 =6 >6?;6<F6 =3 > G G 0/T 3=A>679: ;:;AB64 ;4:?:K1=6 ;3B:2 ?:K1?3<5:2 ;:;AB6432 3 3? 656B ;3B6 ;43L315A46 6546KZ2 =6 >6?;6<F6 3256K6 >646>5341O6=6 ;3B: <6>1:<6B12?: ;:;AB1256 =: ;34U:=: 1=3<51L1>6=6 >:? A?6 B1<DA6D3? =3 >:<23<2: =6 3X125P<>16 =3 A?6 >AB5A46 <6>1:<6B >646>5341O6=6 ;3B:2 K6B:432 ;3B62 546=17H32 3 12>A42: =: 3<59: 3;A56=: 3=346B Q6B?6 646<F9: <6 [?646 3=346B 3? &S =3 :A5AC4: =3 &'S' 1<515AB6=: <=A25416B1O679: =: A<D25P<1: =: 1: 46<=3 =: :4530 <! 64>:2 %:4D0+0 0 $07 =12>A42:2 ;64B6?3<564320 ;0&).*0 $:2Z k1BB1<D5:<0 ! 6 >6?;6<F6 =3 ;Z <: >F9:0 ;0/)0 =0 C1=0 ;0d'0 ;3B6 >41679: >AB5A46B =: ;:K:0 3 6>:4=: >:? E32 6 6?;6<F6 >3<54:A G2A6 >653@A323 <: <6>1:<6B12?: <: K:5: ;:;AB64 <62 =3<Y<>162 6: B651LY<=1: 6: 1?;3416B12?: 3 6: >:B:<16B12?: >:B:<16B0I/* : >62: =: ;:=3?:2 >:<21=3464 @A3 6 =3L326 =6 <679: =3 A?6 >AB5A46 <6>1:<6B 56?CZ? 346? :2 53?62 >3<54612 =: =12>A42: =: ?:K1?3<5:0 3 : <9: 2:?3<53 51<F6? : ?32?: 3?C626?3<5: 56<5: @A3 : B1K4: =3 B315A46R6=AB5: =6 6?;6<F6 L:1 A?6 6=6;5679: =: B1K4: =: \2 ;3>AB1641=6=32 =6 436B1=6=3 =6 >1=6=3 =3 656B 436B1O6=6 ;:4 A?6 3@A1;3 =3 546C6BF: 2:C 6 >::4=3<679: =6 ;4:L322:46 6416 1K6 =3 6B353 A>3<6 /S >:?: 56?CZ? 51K346? L:4?62 =3 :4D6<1O679: ;643>1=62 L4A5:2 =3 A? ?32?: ;4:Q35: =3 3=A>679: 3 >AB5A460 3DA<=: 34?6<: :3BF: A? =:2 LA<=6=:432 =: ! ;3<2:A @A3 1<=: CA2>64 62 46UO32 =6 >AB5A46 C4621B3146 :<=3 3B62 23 3<>:<546K6? <: ?31: =: ;:K: <E2 32564U6?:2 >:<>:443<=: ;646 : =323<K:BK1?3<5: =3 A?6 >AB5A46 ?612 6A53<51>6?3<53 <6>1:<6B l000m 6453 ;:;AB64 C4621B3146 325N 3<461O6=6 <: <:22: ;:K: <62 >6?6=62 ;:;AB64320 1?;:45[<>16 D46<=3 =: ;:K: =62 >6?6=62 ;:;AB6432 @A6<=: 23 L6B6 =3 6453 Z @A3 3B62 3259: 3X656?3<53 >:?: DA64=192 =62 546=17H32 6A5P<51>62 =: ;6U20/( :1 3<59: <3226 >:<QA<5A46 @A3 :2 ?:K1?3<5:2 =3 >AB5A46 ;:;AB64 L:46? 23<=: >416=:20 1K342:2 D4A;:2 L:4?6=:2 ;:4 1<53B3>5A612 325A=6<532 A<1K34215N41:2 3 23>A<=6412562 ;322:62 B1D6=62 6: 6451=: :?A<1256 ?64X12562 >41259:2 546C6BF6=:432 =62 >1=6=32 3 =: >6?;: :4D6<1O6=:2 3? 3<51=6=32 >1K12 >:?: 6 D43Q6 65EB1>6 3 6 <19: 6>1:<6B =:2 25A=6<532 %+ :A L1<6<>16=:2 ;3B: ;:=34 ;YCB1>: 1<1>1646? A? ?:K1?3<5: =3 >:<5325679: 6 436B1=6=3 K1K1=6 ;3B: ;6U20 N41:2 D4A;:2 23 43A<146? 3? ?:K1?3<5:2 =3 >AB5A46 ;:;AB64 431K1<=1>6<=: ?3BF:432 >:<=17H32 =3 546C6BF: <: ?31: 4A46B 3 <: ?31: A4C6<: BA56K6? ;3B6 43L:4?6 6D4N416 ;:4 ?3BF:432 >:<=17H32 =3 K1=6 <: :4=3253 654626=: 3>:<:?1>6?3<53 3? 43B679: 6: 3<54:AB =: ;6U2 >4151>6K6? 6 ;:BU51>6 =3 3<546=6 =3 >6;156B 32546<D314: B3K6<56<=: 6221? 6 C6<=3146 3? ;4:B =: <6>1:<6B12?:0 :6>a4 =30 0 -A?6 32>:B6 =3?:>4N51>60 ;0&S/0 $:2Z k1BB1<D5:<0 ! 6 >6?;6<F6 =3 ;Z <: >F9:0 ;0&*S0 34?6<: :3BF: 3? 3<543K1256 436B1O6=6 3? )( =3 =3O3?C4: =3 &'d(0 <! f K6<j 64>:2j 1>64=: =30 0. 5. : >62: =3 34<6?CA>: &'(&Rdd0 3>1L3! 3=15:46 B534<651K6 &'d/0 ;0..TT0 .0T g -g 3X;43229: >AB5A46 ;:;AB64 6;643>3A <: -4621B >:? A? <:K: 23<51=: =3<54: =:2 D4A;:2 3 ?:K1?3<5:2 ;:;AB6432 @A3 L:46? 23<=: >416=:2 <: 1<U>1: =6 =Z>6=60 9: L:1 A?6 1<K3<79: :41D1<6B ;:12 3? :A54:2 ;6U232 =6 A4:;6 : =3C653 3? 5:4<: =6 >AB5A46 ;:;AB64 3 : 6>322: 6: ;:K: 6:2 C3<2 >AB5A4612 QN 6>:<53>16 3 =6 F1<6 6 AC6 <:2 ;6U232 2:>16B12562 K1K16 23 6 3K:BA79: AB5A46B0/d AB5A46 Z A?6 >653D:416 =3 =1LU>1B =3L1<179:0 2 ?A1562 =3L1<17H32 =6 >AB5A46 3 =6 >AB5A46 ;:;AB64 <9: =9: >:<56 =: A<1K342: =3 ;4N51>62 =3 A2:2 =3 43;4323<567H32 =6 >AB5A46 3? D346B0 :4 122: >:B:>6?:2 6@A1 62 >:<541CA17H32 =3 F645134 ;646 : 325A=: =6 >AB5A46 ;:;AB640 646 : 6A5:4 : 1?;:456<53 Z : 325A=: =3 >:?: 6 >AB5A46 ;:;AB64 Z 6;4:;416=6 ;:4@A3 <6 ;4N51>6 3B6 Z A26=6 :A 6;4:;416=6 ;:4 =1L343<532 D4A;:2 2:>16120// 6?CZ? 3? 34536A CA2>6?:2 <:22: 43L343<>16B @A6<=: : 6A5:4 54656 6 >AB5A46 <: ;BA46B0 3DA<=: : 6A5:4 62 L:4?62 ;:;AB6432 =3 >AB5A46 =32=3 62 ;4N51>62 =: >:51=16<: 65Z 62 L:4?62 =3 >:<2A?: >AB5A46B ;:=3? 234 ;3<26=62 >:?: 5N51>62 ;4:=A5:462 =3 23<51=: ?A1562 K3O32 =1L343<53 =: 23<51=: K126=: ;3B:2 ;4:=A5:4320/' F645134 43K12156 : >:<>315: =3 >AB5A46 ;:;AB64 43=AO1<=: 62 1<Y?3462 =3L1<17H32 =: 534?: 6 =:12 ?:=3B:2 =3 =32>4179: 3 1<534;435679:0 ;41?314: G6 >AB5A46 ;:;AB64 =3L1<1=6 >:?: A? 21253?6 21?CEB1>: 6A5e<:?: 3 >:343<53 @A3 LA<>1:<6 23DA<=: A?6 BED1>6 6BF316 3 1443=A5UK3B \ >AB5A46 B3546=6I :A 23Q6 6 >AB5A46 ;:;AB64 23 >:<L1DA46 <A? ?A<=: 6 ;6453 1<=3;3<=3<53 3<>3446=: 3? 21 ?32?:0 23DA<=: ?:=3B: =3L1<3 6 >AB5A46 ;:;AB64 ;3B6 2A6 =125[<>16 =3 B3D151?1=6=3 >AB5A46B =6 @A6B Z ;41K6=60 23DA<=: ;43:>A;6=: 3? B3?C464 6 3X125P<>16 =62 43B67H32 =3 =:?1<679: @A3 :4D6<1O6? : ?A<=: 2:>16B ;34>3C3 6 >AB5A46 ;:;AB64 3? 2A62 =3;3<=P<>162 3 >64P<>162 3? 43B679: \ >AB5A46 =:?1<6<530 ') 2232 ?:=3B:2 5P? 21=: LA<=6?3<5: ;646 5:=:2 :2 ?:=3B:2 >4:<:BED1>:2 @A3 6=:56? A?6 1=6=3 =: :A4: =6 >AB5A46 ;:;AB640 ;341:=1O679: >BN221>6 43?353 6 ;41?3146 ?356=3 =: 2Z>AB: h0 L1BE2:L6 F6AU @A6<=: 54656 =6 >AB5A46 ;:;AB64 3? =1L343<532 ?:?3<5:2 2?64,. 0.. .5. ! ?3?E416 =:2 6<:2 ()0 ;0d0 :D340 >AB5A46 ;:;AB64! 43K12156<=: A? >:<>315: F125:41:D4NL1>:0 >0.@072 ;0&d' &')0 34 1>F3B0 . 0. . ,6?;1<62R! 6;14A2 &''S0 :D340 ;0>150 &d'&/)0 F125E41>:2 <:2 ?:2546 @A3 : 534?: 3? ;41<>U;1: 3256K6 B1D6=: 6 :A54:2 =:12! 1K1B1O679: 3 125E4160 '& :1 6 ;64514 =: 2Z>AB: h @A3 6 >AB5A46 6451>AB:A23 6: 534?: >1K1B1O679: @A3 3256K6 B1D6=: 6 1=Z16 =3 ;4:D4322:0 : BA?1<12?: >AB5A46 3 >1K1B1O679: 3256K6? 43B6>1:<6=62 =3 ?6<31462 :;:25620 646 6BDA<2 1BA2546=:2 6 >AB5A46 346 >:<>3C1=6 >:?: ;4N51>6 2:>16B 3256K6 43B6>1:<6=6 \ 2ACQ351K1=6=3 \ 1?6D1<679: 3 6: 1<=1KU=A:0 ;646 :A54:2 6 >AB5A46 346 ;64[?354: =3 >1K1B1=6=3 ?31: =3 6K6B164 : D46A =3 =323<K:BK1?3<5: 3 ;4:D4322: =3 A?6 2:>13=6=30 :25341:4?3<53 :2 4:?[<51>:2 =346? \ >AB5A46 A?6 =3L1<179: =: ;:;AB640 46>1:<6B12?: =: BA?1<12?: 23416 @A3C46=: ;3B6 6L14?679: =6 6B?6 ;:;AB64 =6 1?6D1<679: =6 21?;B1>1=6=3 3 ;A43O6 ;:;AB64320'. 2 4:?[<51>:2 CA2>646? : ;:;AB64 <6 ;:3216 <62 C6B6=62 <:2 ;4:KZ4C1:2 <6 43B1D19: <:2 415:2 <:2 >:25A?32 <:2 L3251K6120 3B1?15646?23 >:? : 4:?6<512?: :2 5467:2 =6 >AB5A46 ;:;AB64! 41?151K12?: :A 23Q6 6 >AB5A46 ;:;AB64 Z 435:?6=6 3 6 ;43234K679: =62 546=17H32 @A3 23416? ;34=1=62 ;3B: ;:K:j >:?A<156412?: 6 >41679: ;:;AB64 Z 23?;43 >:B351K6 3 6<e<1?6 ;:12 Z ?6<1L325679: 32;:<5[<36 =6 <65A43O6 3 =: 32;U415: =: ;:K:j 3 : ;A412?: @A3 Z : ;:K: ;:4 3X>3BP<>16 @A3 <9: L:1 >:<56?1<6=: ;3B:2 FNC15:2 =6 K1=6 A4C6<60'T F645134 >4151>6 3226 ;341:=1O679: >BN221>6 :2 ?:=3B:2 >4:<:BED1>:2 ;:4@A3 ;646 : 6A5:4 : K34=6=314: ;4:CB3?6 Z >:<21=3464 ;646 >6=6 Z;:>6 >:?: 23 3B6C:46? 62 43B67H32 3<543 62 L:4?62 @A3 29: 1?;:2562 3 2A6 43>3;79: ;:12 G:2 ?:=3B:2 >AB5A4612 =:?1<6<532 <9: 6<AB6? : 32;67: ;4E;41: =6 2A6 >41679: @A3 ;:=3 234 4321253<53 :A <9:0I 3223 23<51=: 3X1253 A? 32;67: 3<543 <:4?62 3 43D462 3<543 : @A3 Z K126=: 3 : @A3 Z K1K1=: A? 32;67: :<=3 ;:=3? 1<21<A64 43L:4?AB67H32 3 =35A4;67H320 '* ?32?: 23 =N >:? : 534?: ;:;AB640 :?: 6 >AB5A46 f 641B3<60 1 0L! 62;3>5:2 =6 >AB5A46 ;:;AB64 <: -4621B0 (03=0 9: 6AB:! -4621B13<23 &''*0 ;0&(&d0 f 641B3<60 10L! 62;3>5:2 =6 >AB5A46 ;:;AB64 <: -4621B0 0&(&d0 =0 C1=0 ;0&'0 :D340 >AB5A46 ;:;AB64! 43K12156<=: A? >:<>315: F125:41:D4NL1>:0 >0.@070 ;0&/& &/.0 B3 @A6B1L1>6 6<532 =3 ?612 <6=6 A? 51;: =3 43B679: A? ?:=: =3 A51B1O64 :CQ35:2 :A <:4?62 @A3 >14>AB6? <6 2:>13=6=3 ?62 @A3 29: 43>3C1=:2 >:?;433<=1=:2 3 ?6<1;AB6=:2 =3 =1K34262 ?6<31462 :A 23Q6 3X1253? ?:=6B1=6=32 =1L343<>16=62 ;3B62 @A612 :2 w;:;AB6432r 29: 6;4:;416=:20'S 3223 ?:?3<5: : ;:;AB64 6;643>3 1=36B1O6=: >:?: ?6541O =6 <6>1:<6B1=6=3 C4621B3146 >:?: 6 322P<>16 =6 >AB5A46 <6>1:<6B ;:4Z? 3<>:<54623 ;43>126<=: =3 >A1=6=:2 3 23416 ?1229: =6 1<53B3>5A6B1=6=3 <6>1:<6B 6 ?1229: =3 >:<2>13<51O64 : ;:K: C4621B314:0 226 1=36B1O679: =: ;:K: 3 =6 >AB5A46 <:453:A 62 ;4N51>62 =32232 ?:K1?3<5:2 <: >62: =3 656B <6 ;4E;416 1<534K3<79: =: 32;67: ;YCB1>: 6: 546<2L:4?64 6 ;4676 3? A? B:>6B =3 ;4:?:79: =: @A3 346 >:<>3C1=: >:?: >AB5A46 ;:;AB64 1?;41?1<=: <3253 32;67: 1<53<7H32 3 21D<:20 :AO6 6: 546564 =6 6C:4=6D3? =6 >AB5A46 ;:;AB64 A51B1O6=6 <: 6L14?6 @A3 3256K6 ?A15: 43B6>1:<6=6 6 A?6 K129: 4:?[<51>6 2:C43 >AB5A46 6 >AB5A46 ;:;AB64 3256K6 43B6>1:<6=6 \ ;A43O6 \ F:?:D3<31=6=3 \ 6A53<51>1=6=30'( =3L1<1A >AB5A46 ;:;AB64 >:?: A?6 L:4?6 32;3>UL1>6 =3 3X;41?14 A?6 ;4:=A79: >AB5A46B K:B56=6 ;646 62 ?62262 >:? : L1? =3 3B3K64 : <UK3B =3 >:<2>1P<>16 2:>16B 3 =:2 @A3 1<53D46? : ?:K1?3<5: ;:;AB640 :?: 6L14?6 34?6<: :3BF:! D3<53 23?;43 5465:A 6 >AB5A46 >:?: A? 1<254A?3<5: =3 3?6<>1;679: =: <:22: ;:K:0 >AB5A46 <: 23A 23<51=: ?612 6?;B: 3<K:BK3<=: 6 >1P<>16 ;:4 >:<23@sP<>16 =6 3=A>679: 3<K:BK3<=: 6 5Z><1>6 3<K:BK3<=: 6 64530 26CU6?:2 @A3 =32=3 @A3 : <:22: ;:K: 3K:BAU223 <32232 >6?;:2 =6 >AB5A46 3B3 =31X6416 =3 234 :;41?1=: =3<54: =: ;6U20 <>BA21K3 ;:4@A3 3B3 =3L3<=3 : K6B:4 6B56?3<53 1?;:456<53 ;646 : =323<K:BK1?3<5: <6>1:<6B @A3 29: 62 46UO32 =6 >AB5A46 C4621B31460 <59: 3B32 <9: 29: 2E >643<532 3B32 <9: <3>322156? 6;3<62 6;43<=3400 1<=: CA2>64 62 46UO32 =6 >AB5A46 C4621B3146 <: ?31: =: ;:K: 3256K6 >:<>:443<=: ;646 : =323<K:BK1?3<5: =3 A?6 >AB5A46 6A53<51>6?3<53 <6>1:<6B0 'd : >62: =6 >6?;6<F6 <A?6 53<5651K6 =3 >:<>315A679: : 534?: >AB5A46 ;:;AB64 346 =3L1<1=: >:?: 6 L:4?6 =3 =0 C1=0 ;0&/*0 , c3B?6 6CU:B6 -3B549: =30 6C:4=6D3? 2:C43 6 >AB5A46 ;:;AB64 A51B1O6=6 <: :K1?3<5: =3 AB5A46 :;AB64 =3 34<6?CA>:0 12;:<UK3B <: 2153! !RRqqq03>60A2;0C4 34?6<: :3BF: 3? 3<543K1256 436B1O6=6 3? )( =3 =3O3?C4: =3 &'d(0 <! f K6<j 64>:2j 1>64=: =30 0. 5. : >62: =3 34<6?CA>: &'(&Rdd0 ;0.. TT0 :?;433<29: ?612 ;4:LA<=6 =6 215A679: =3 =:?1<679: 3X534<6 6 @A3 325N 2AC?351=: : -4621B =32=3 : =32>:C41?3<5: 65Z :2 =162 65A6120 :?1<679: @A3 23 53? 2:L41=: F125:41>6?3<53 ?A=6<762 @A3 :46 6>3<5A6? :A 653<A6? : 23A >64N534 ?62 @A3 LA<=6?3<56B?3<53 ;3421253 3<K:BK3<=: 5:=: : >:?;B3X: ;:BU51>:3>:<e?1>:>AB5A46B =: -4621B0'/ 3DA<=: 3223 =:>A?3<5: 3B6C:46=: ;3B: 000 3 6;4323<56=: ;3B: ;4:L322:4 3<1C345: 6?;:2 3? :>6219: =: <>:<54: =3 BL6C351O679: 3 AB5A46 :;AB64 436B1O6=: 3? 3>1L3 3? &'(T 3<>:<54: @A3 43A<1A :2 KN41:2 ?:K1?3<5:2 ;:;AB6432 =: ;34U:=: 3K3<5: 6;:16=: ;3B: 1<125Z41: =6 =A>679: 3 AB5A46 : ;:K: C4621B314: ;622:A 6 >:<2A?14 A? :A54: 51;: =3 >AB5A46 A?6 G>AB5A46 6B13<UD3<60I 226 >AB5A46 6B13<UD3<6 1?;:256 ;3B6 3B153 =:?1<6<53 51<F6 6 LA<79: =3 ?6<534 : ;:K: ;432: 6 A? 32@A3?6 =3 ;3<26?3<5: 3 6515A=32 @A3 23 546=AO1223? <6 6>315679: ;6221K6 =6 =:?1<679: 3X534<6 3 <: 432;315: 3 6=?14679: 6: ;:K: =:?1<6=:40 34?6<: =3256>6 @A3 3? &'(T 5:=: A? D4A;: K1<>AB6=: \ 79: :;AB64 %+ 3 @A3 346 L:4?6=: ;3B6 B1=346<76 325A=6<51B @A3 >:<F3>16 6 3256K6 546C6BF6<=: <6 3>4356416 =3 =A>679: AB5A46 3 6Y=3 =6 ;43L315A46 =3 656B0 646 : 6A5:4 6 ;4323<76 =6 <6 43L315A46 =3 656B L:1 1?;:456<53 <6 L:4?AB679: =62 C6232 53E41>:?35:=:BED1>62 =6 6?;6<F6 6 ;64514 =3 &'(T ?:?3<5: 3? @A3 : =:>A?3<5: L:1 ;4:=AO1=:0 2 ?31:2 A51B1O6=:2 <: ;4:>322: =3 2AC?1229: >AB5A46B =: ;:K: C4621B314: 6L14?6 : =:>A?3<5: =6 6?;6<F6 29: ;41<>1;6B?3<53 :2 =6 ;4:;6D6<=6 ;646 ;6=4:<1O64 6515A=32 3 ;4:=AO14 FNC15:2 <:K:2 43LB3X:2 >:<=1>1:<612 3 >:<>315:2 32546<F:2 <6 ?3<56B1=6=3 =: ;:K: 2AC?353<=:: 6 A? ;4:>322: =3 ?6221L1>679:0 3226 L:4?6 D46=651K6?3<53 2B:D6<2 ;:BU51>:2 1=Z162 D:25:2 645U251>:2 FNC15:2 6515A=32 3 K6B:432 1416? L6O34 ;6453 =: >:51=16<:0 646 : 2E 6 >:<2>13<51O679: =3226 215A679: =3 =3;3<=P<>16 =: ;:K: 546416 6 3?34DP<>16 =6 >AB5A46 ;:;AB64! <:226 BA56 1<534<6 =3 B1C345679: B1D623 ;4:LA<=6?3<53 6 >AB5A46 ;:;AB64 @A3 622A?3 <: ;41?314: ?:?3<5: : 23<51=: =3 =326B13<679: =3 <:226 >AB5A46 2:C43;:<=: 6:2 K6B:432 >AB5A4612 32546<F:2 :2 <:22:2 K6B:432 :2 >416=:2 3 3B6C:46=:2 6@A10 226 Z 6 5643L6 LA<=6?3<56B =6 >AB5A46 ;:;AB64 2:C43;:4 6 <:226 >AB5A46 \2 >AB5A462 32546<D31462 23? ;34=34 =3 K1256 3K1=3<53?3<53 : 23<51=: A<1K3426B ;34?151<=: : ;4:>322: =3 6>AB5A4679: ?62 @A3 F6Q6 ;43=:?U<1: =6 >AB5A46 C4621B31460 A? 23DA<=: ?:?3<5: 6 >AB5A46 ;:;AB64 622A?3 A? >64N534 =3 BA56 >:? : 1<5A15: =3 L:4?6 A?6 :6>a40 ! "#$ 0 ;0&T'0 6A5P<51>6 >AB5A46 <6>1:<6B ;4:?:K3<=: 6 1<53D4679: =: F:?3? C4621B314: <: ;4:>322: =3 B1C345679: 3>:<e?1>: 2:>16B 3 ;:BU51>:>AB5A46B =: ;:K:0'' 223 ;4:>322: =3 B1C345679: B3K6416 : F:?3? 6 622A?14 : ;6;3B =3 2AQ315: =6 ;4E;416 >41679: >AB5A46B 23A 43>3;5:4 3 >416=:4 =3 3X;4322H32 >AB5A46120 >AB5A46 ;:;AB64 L:1 >:<>3C1=6 ;3B: >:?: A? ?31: ;:BU51>: =3 >:<2>13<51O679: =62 ?62262 6: ?32?: 53?;: 3? @A3 L:1 >:<>3C1=6 >:?: >41679: >AB5A46B 6A5P<51>6 B1K43 3 6A5e<:?6 =: ;:K: C4621B314:0 ?C:46 ;64376 3? ;41<>U;1: ;646=:X6B 6 >AB5A46 ;:;AB64 53? ;6;3B =3 1<254A?3<5: =3 43K:BA79: 3>:<e?1>:2:>16B ?62 3? YB51?6 1<25[<>16 6 6L14?679: 3 K15E416 =3256 43K:BA79: Z @A3 14N ;:221C1B1564 : 2A4D1?3<5: =62 ?612 6A5P<51>62 >4167H32 ;:;AB6432 B1K432 =62 6B13<67H32 @A3 23 ;4:>3226? <: ;:BU51>: 3 3>:<e?1>:0&)) "A6<=: :BF6?:2 :2 ?:K1?3<5:2 ;:;AB6432 =6 =Z>6=6 =3 &'() 3 62 1<534;43567H32 3 A2:2 =6 >AB5A46 ;:;AB64 ;:4 32232 ?:K1?3<5:2 ;34>3C3?:2 A?6 K129: 4:?[<51>6 =3 @A3 6 >AB5A46 ;:;AB64 Z ;A46 3 6A5P<51>6 6: ?32?: 53?;: 3? @A3 6 >:B:>6 <A?6 ;:2179: >:<54N416 =3 =3;3<=P<>16 3? 43B679: \ >AB5A46 =:?1<6<530 g 6 <:22: K34 A?6 ?125A46 =:2 =:12 ?:=3B:2 1<534;435651K:2 ;3B:2 @A612 F645134 1<2343 62 1<534;43567H32 =6 >AB5A46 ;:;AB64 6 ;64514 =3 ?64>:2 >4:<:BED1>:2 :A 23Q6 6 >AB5A46 ;:;AB64 >:<>3C1=6 3? 2A6 6A5:<:?16 21?CEB1>6 3 6 >AB5A46 ;:;AB64 >:<>3C1=6 3? 2A6 >64P<>16 3? 43B679: 6 >AB5A46 =:?1<6<530 : ?32?: 53?;: 3? @A3 54656 6 >AB5A46 ;:;AB64 >:?: 6BD: 21<DAB64 A?6 6A5P<51>6 >AB5A46 K1<=6 =: ;:K: @A3 Z ;43>12: 432D6564 3 ;43234K64 D6<F6 : 534?: A? 23<51=: =3 BA56 ;:BU51>6 23<=: 6 >AB5A46 ;:;AB64 1<254A?3<5: =3 B1C345679: =: ;:K: =3 546<2L:4?679: 2:>16B 3 =3 =323<K:BK1?3<5: =6 <679:0 .0* - 2 6<:2 &'S) <: -4621B <6 ;342;3>51K6 =6 ;4:=A79: 1<53B3>5A6B L:46? ?64>6=:2 ;:4 <:K62 >:<>3;7H32 =3 546C6BF: 3 =3 1<534;43567H32 2:C43 6 436B1=6=3 C4621B31460 5Z 6 =Z>6=6 =3 :6>a40 ! "#$ 0 ;0 &*)0 :6>a40 ! "#$ 0 ;0 &*)0 &'T) <: >6?;: =6 F125:41:D46L16 3226 ;4:=A79: 6>:<53>16 L:46 =6 6>6=3?160 :? 6 >41679: =6 6>AB=6=3 =3 1B:2:L16 =6 3? &'T* 53K3 1<U>1: A?6 <:K6 356;6 =3226 ;4:=A79:0 <62 =Z>6=62 23DA1<532 3226 ;4:=A79: A<1K34215N416 >:?37:A 6 =3B1<36423 D6<F6<=: >646>534U251>62 ;4E;4162 >6=6 F125:416=:4 >:? 2A62 L:4?AB67H32 53E41>62 1<LBAP<>162 3 ?Z5:=:2 =1256<>16<=:23 =6 ;342;3>51K6 ?15:BED1>6 C6<=3141256 51;1L1>6=:46 =:2 <2515A5:2 125E41>:20&)& "A623 6: ?32?: 53?;: 2A4D16? 1<2515A17H32 23? KU<>AB:2 6>6=P?1>:2 ;43:>A;6=62 3? =12>A514 6 436B1=6=3 C4621B3146 3 3? 3X34>34 1<LBAP<>16 2:C43 :2 >3<54:2 =3 ;:=34 <: @A3 =1O 432;315: \ =3L1<179: =3 A?6 ;:BU51>6 3>:<e?1>6 K:B56=6 ;646 : =323<K:BK1?3<5:0 ?6 =3B62 L:1 : <2515A5: A;341:4 =3 25A=:2 -4621B314:2 - @A3 ;4:>A4:A B3D151?64 2A6 679: ;:BU51>6 ;3B: 26C34 3 ;:25341:4?3<53 53K3 L:453 1<LBAP<>16 <:2 ?:K1?3<5:2 ;:;AB6432 2A4D1=:2 <6 =Z>6=6 =3 &'() ;:12 1<LBA3<>1:A 6 1<53B3>5A6B1=6=3 <6>1:<6B @A3 ;4:?:K3A :2 ?:K1?3<5:2 3? ;4:B =6 >AB5A46 ;:;AB640 - L:1 A?6 1<2515A179: ;YCB1>6 >416=6 <: D:K34<: =3 $:9: 6LZ 1BF: 3? &* =3 QABF: =3 &'SS ;3B: 3>435: <n Sd0()/ 3 2A62 651K1=6=32 L:46? 3<>3446=62 <: =16 &T =3 6C41B =3 &'(T ;:4 ?31: =: 3>435: <n ST0//*0 :41D3? =: - 23 >:<LA<=3 >:? 6 546Q35E416 =3 1<53B3>5A612 @A3 23 6D4A;646? 6 ;64514 =3 &'*' 3 =1KABD6K6? 2A62 1=Z162 <A? 2A;B3?3<5: >AB5A46B <6 @A1<56 ;ND1<6 =: H <: 1: =3 $6<314:0 =1KABD679: =: 2A;B3?3<5: ?:51K:A 3<>:<54:2 ?3<2612 =3 1<53B3>5A612 <: 64@A3 6>1:<6B =3 5651616 6 ;64514 =3 &'S.0 32;67: L:46 >3=1=: ;:4 A? =:2 ;6451>1;6<532 e?AB: B?31=6 @A3 <6 Z;:>6 346 ?3?C4: =6 22322:416 >:<e?1>6 =: ;4321=3<53 35YB1: 64D62 3 >F3L3 =3 D6C1<353 =: ?1<1254: =6 6D41>AB5A460 223 D4A;: =3 1<53B3>5A612 L:1 =3<:?1<6=: =3 4A;: 56516160&). 4A;: 5651616 346 L:4?6=: ;:4 ;6AB12562 3 >641:>620 2 ;6AB12562 346? L1BE2:L:2 3 QA412562 >:?: :B6<= :4C12134 1DA3B 36BB3 B?31=6 6BB32 6AB: =3?64 =3 :AO6 "A314:O 5:=:2 K1<=:2 =: <53D46B12?:0 6 ;6453 >641:>6 L:4?6K6? : 4A;: 5651616! ZB1: $6DA641C3 e?AB: =3 B?31=6 55:B?a =6 :256 546A>F D<N>1: 6<D3B $:2Z 1C314: =3 146 2463B cB6C1< 1= 64K6BF: NC1: -43K32 315:4 1?6 :>F6 BC345: A344314: 6?:2 [<=1=: 3<=32 =3 B?31=6 3 :6>14 ZB1X0&)T BDA<2 1<53B3>5A612 =: 4A;: 3X34>16? LA<7H32 ;YCB1>62 3 ?6<51<F6? 43B67H32 ;:BU51>62 >:? : D:K34<:0 e?AB: B?31=6 D<N>1: 6<D3B 3 BC345: A344314: 6?:2 ;:4 L0 64B:2 A1BF34?30 C :. 0. ! &'TT&'d*0 S03=0 9: 6AB:! 51>6 &'/S0 B3X6<=4: ADP<1:0 4D6<1O679: 3254A5A46 3 546Q35E416 =: -0 <! 61: 6K644:0 C0 0. $0G ! 6 3X;341P<>16 =: -0 1: =3 $6<314:! 3K6< .))S0;0.S*0 6<13B0 C0 0. $0G ! 3<543 : ;:K: 3 6 <679:0 9: 6AB:! 51>6 &'')0;0&&)0 B3X6<=4: ADP<1:0 4D6<1O679: 3254A5A46 3 546Q35E416 =: -0 <! 61: 6K644: =30 ;0>150 ;0.S*0 3X3?;B: L1O346? ;6453 =6 622322:416 3>:<e?1>6 =: ;4321=3<53 35YB1: 64D620 :B6<= :4C12134 3? &'S* 65A:A <6 22322:416 Z><1>6 =3 =A>679: 3 AB5A46 =: 0 ZB1: $6DA641C3 L:1 432;:<2NK3B ;:4 6BDA<2 ;4:Q35:2 =: 1<125Z41: =6 =A>679: 3 ;:25341:4?3<53 622A?1A 6 ;6256 =6 >AB5A46 <: 23DA<=: D:K34<: 64D620&)* D4A;: 53K3 A?6 >A456 =A4679: ;:12 3? &'ST :2 >641:>62 =: 5651616 LA<=646? A? 1<2515A5: ;6451>AB64 : - %<2515A5: -4621B314: =3 >:<:?16 :>1:B:D16 3 :BU51>6+0 ZB1: $6DA641C3 5:4<:A23 23A 23>435N41: D346B 3 3? &'SS $AK3<6B 2E41: :?32 3 3B2:< k34<3>p :=4Z QA<5646?23 6: D4A;:0 :2 ;6AB12562 6;3<62 :B6<= :2C12134 3<54:A <: -0&)S 2 43>A42:2 ;4:K3<13<532 ;646 : <2515A5: K1<F6? =3 ZB1: $6DA641C30&)( 3 &'ST 6 &'S( ;ACB1>646? >1<>: <Y?34:2 =6 3K1256 < >:? : :CQ351K: =3 =1KABD64 62 1=Z162 =3 23A2 1<53B3>5A612 LA<=6=:4322 1<F6? A? :CQ351K:! G622A?14 A?6 B1=346<76 <6 ;:BU51>6 <6>1:<6B ;:4 23A2 ;4E;41:2 ?31:20I :? ;:A>:2 43>A42:2 : :CQ351K: 346 546<2L:4?64 : - 3? A?6 1<2515A179: ;YCB1>60 ;4:;:256 1<1>16B 23416 6 1<256B679: <: -4621B =3 A? >3<54: =3 325A=:2 3 ;32@A1262 =:56=: =3 B1C34=6=3 ;646 ;4:=AO14 3 K31>AB64 1=Z1620 ? &'SS : - 546<2L:4?:A23 3? - 1<2515A179: K1<>AB6=6 6: 1<125Z41: =6 =A>679: 3 AB5A460 : - 3253K3 6 ?61:416 =:2 ?3?C4:2 =: - 3 23A ;41<>1;6B <:?3 L:1 ZB1: $6DA641C30 : <2515A5: L:46? >416=:2 :2 =3;6456?3<5:2 =3 1B:2:L16 125E416 >:<:?16 :>1:B:D16 3 1P<>162 :BU51>62 >:B:>6=:2 432;3>51K6?3<53 2:C 6 432;:<26C1B1=6=3 =3 BK64: 1<5: [<=1=: 3<=32 q6B=: :44316 1?6 A344314: 6?:2 3 ZB1: $6DA641C30 :1 1<2515AU=: A? :<23BF: A53B64 <: @A6B L6O16? ;6453! <U21: 31X3146 4<325: A1O =3 B1K3146 $Y<1:4 ZB1: -A4D:2 6C46B ZB1: $6DA641C3 $:2Z ADA25: =3 6>3=: :6432 3B2:< k34<3>p :=4Z :C345: 6?;:2 3 :B6<= :4C121340 &)d 5Z &'S/ : - >:<234K:A23 >:?: A? 3<54: =3 25A=:2 6 234K17: =6 >41679: =3 A?6 2U<5323 <6>1:<6B=323<K:BK1?3<512560&)/ <54356<5: : <2515A5: 346 >:<2515AU=: ;:4 1<53B3>5A612 @A3 23DA16? 62 ?612 =1K34262 >:443<532 L1B:2EL1>620 6K16 :2 @A3 =3L3<=16? : ;4:Q35: =323<K:BK1?3<51256 =: D:K34<: ?62 ;:4 :A54: B6=: 3X12516 =3<54: =: <2515A5: A?6 1<53B3>5A6B1=6=3 @A3 23 >:<546;A<F6 6 3223 ;4:Q35: ;3<26<=: : ;6U2 6 ;64514 =6 <3>3221=6=3 =3 ?A=6<762 2:>16120 :?: <:2 2AD343 3>6A5 : - 5:4<:A23 2U?C:B: =6 2U<5323 <6>1:<6B B3X6<=4: ADP<1:0 4D6<1O679: 3254A5A46 3 546Q35E416 =: -0 <! 61: 6K644: =30 C0 0. $0G ! 6 3X;341P<>16 =: - ;0.SS0 6<13B0 C0 0. $0G -0 50 ;0&&)0 B3X6<=4: ADP<1:0 4D6<1O679: 3254A5A46 3 546Q35E416 =: -0 <! 61: 6K644:0 ;0>150 ;0.SS0 =0 C1=0 6<13B0 ;0>150 ;0&&)0 =323<K:BK1?3<51256 =3;:12 =6 2U<5323 <6>1:<6B;:;AB1256 3 =3;:12 =6 2U<5323 <6>1:<6B ?64X12560&)' 3223 23<51=: : - L:1 A? =:2 >3<54:2 ?612 1?;:456<532 =3 3B6C:4679: =6 1=3:B:D16 <6>1:<6B=323<K:BK1?3<51256 @A3 ?64>:A : ;4:>322: ;:BU51>: C4621B314: =: 1<U>1: =6 =Z>6=6 =3 &'S) 65Z 6 @A3=6 =: D:K34<: >:<2515A>1:<6B =3 $:9: :AB645 3? &'(*0 3DA<=: C43A 6 1=3:B:D16 <6>1:<6B=323<K:BK1?3<51256 54:AX3 6: ;:;AB12?: A? 1<254A?3<5: =3 ?:C1B1O679: ;:;AB64 ;:4 ?31: =6 ?6<1;AB679: 3 =: 6;3B: 6 2U?C:B:2 <6>1:<612 >:<23DA1<=: ?6<534 A?6 ;:BU51>6 @A3 653<=3223 6:2 1<53432232 3>:<e?1>:2 =:2 =1K342:2 235:432 =6 2:>13=6=3 6D4N41: 3X;:456=:41?;:456=:4 L1<6<>314: 1<=A25416B 3 6: ?32?: 53?;: : <6>1:<6B12?: 6546KZ2 =: 6;3B: \ >:B6C:4679: =62 >B62232 ;:;AB6432 3? ;4:B =: =323<K:BK1?3<5: =6 <679: ;34?151A >3456 ;6451>1;679: =62 ?62262 A4C6<62 <6 43<=6 <6>1:<6B 3 <: ;4:>322: ;:BU51>:0&&) 6A5:46 3<L651O6 61<=6 @A3 : - 6;3264 =3 534 =323<K:BK1=: 6 1=3:B:D16 <6>1:<6B =323<K:BK1?3<51256 <9: ;6451>1;:A =14356?3<53 =: D:K34<: =3 $A2>3B1<: cAC152>F3p ;:12 62 ?A=6<762 3254A5A4612 <6 3>:<:?16 =: ;6U2 =3>:443<532 =: ;4:>322: =3 1<=A25416B1O679: >432>3<53 432AB5646? <6 6?;B6 1<534K3<79: =: 256=: <6 3>:<:?16 6>644356<=: 6 <3>3221=6=3 =3 ;4:L1221:<612 =3 =1K34262 N4362 =3<54: =: 6;643BF: =: 256=:0 >:<:?12562 2:>1EB:D:2 3 5Z><1>:2 =6 6=?1<1254679: ;622646? 6 65A64 <: 1<5341:4 =62 3254A5A462 =: 3X3>A51K:0 BZ? =: - :A5462 1<2515A17H32 L:46? >416=62 >:?: 6 A<=679: 35YB1: 64D62 62 6>AB=6=32 =3 >:<:?16 6 K1<=6 =6 %:?1229: >:<e?1>6 ;646 ?Z41>6 651<6+ E4D9: =6 @A3 ;4:?:K3A >A42:2 K:B56=:2 ;646 N436 3>:<e?1>6 3<543 :A54:20 1?;:45[<>16 =32232 5Z><1>:2 K1<=: =32262 1<2515A17H32 <9: 23 432541<D16 6 3B6C:4679: =3 ;B6<:2 ?62 \ ;4E;416 43:4D6<1O679: =: 6;643BF: 325656B 6 1<54:=A79: =3 <:K:2 ?Z5:=:2 =3 546C6BF:&&&0 ? >:<23@sP<>16 6 1<LBAP<>16 =:2 1<53B3>5A612 =: - =1?1<AU6 <6 ?3=1=6 3? @A3 23A2 1<53D46<532 3256K6? ;43:>A;6=:2 >:? @A325H32 2:>1:BED1>62 F125E41>62 3 L1B:2EL1>62 ;:BU51>62 3 >AB5A4612 3 <3? 5:=:2 =:?1<6K6? : 26C34 5Z><1>:0 ;43:>A;679: =: - 3256K6 <: ;B6<: 1=3:BED1>:0&&. 3<54: =6 <2515A179: 3X12516? :2 1<53B3>5A612 @A3 >:<51<A646? 6 546=179: =3 &'T) :B6<= :2C12134 A344314: 6?:2 3 [<=1=: 3<=32j :2 L1BE2:L:2 =3 L:4?679: BK64: 13146 1<5:j :2 3>:<:?12562 :C345: 6?;:2 3 D<N>1: 6<D3Bj : ?1B1564F125:416=:4 3B2:< k34<3>p :=4Z 3 : >13<51256 ;:BU51>: ZB1: $6DA641C30 &&T 6<13B0 C0 0. $0G -0 50 ;0&)d0 - BO146 BK320 679: ;:BU51>6 =:2 1<53B3>5A612 =: -0 <! 61: 6K644: %:4D0+0 C0 0. $0G ! 6 3X;341P<>16 =: -0 ;0'/0 =0 C1=0 ;0''0 L0 61: 6K644:0 C3>G! LNC41>6 =3 1=3:B:D1620 .03=0 9: 6AB:! 51>6 &'/.0 6<13B0 C0 0. $0G -0 50 ;0&&&0 ;4323<56K6? >64431462 ;:BU51>62 =1251<562! :4C12134 261A =: 1<53D46B12?: BK64: 1346 1<5: 3 A344314: 6?:2 3251K346? 56?CZ? <: 1<53D46B12?: 3B2:< k0 :=4Z >:B6C:4:A <6 3K1256 AB5A46 :BU51>6 =A46<53 : 256=: :K: 3 1<2341A23 <6 >:443<53 <6>1:<6B1256 =: 3XZ4>15: 23<=: : 1<53B3>5A6B =3 =3256@A3 <: 6451=: :?A<12560 ZB1: $6DA641C3 6;:16K6 : ;4:Q35: =323<K:BK1?3<512560 &&* 646 3>6A5 32262 =1K34DP<>162 3 =12;A562 1<534<62 L6K:43>346? 6 3K:BA79: =6 1<2515A179:0 <@A6<5: ZB1: $6DA641C3 >:B:>6K6 6 <3>3221=6=3 =3 1<K3251?3<5:2 32546<D314:2 :B6<= :4C12134 3 A344314: 6?:2 23 =3=1>6K6? 6 3X34>34 2A62 1<LBAP<>162 2:C43 62 :4D6<1O67H32 <6>1:<6B12562 3 2:C43 6 :;1<19: ;4:D43221256 :4D6<1O6<=: >A42:2 ;646 21<=1>65:2 ;4:Q35:2 ;646 43<53 64B6?3<564 6>1:<6B1256 ;646 ?1B156432 <6>1:<6B125620 &&S ? &'() :2 123C16<:2 ;6226K6? ;:4 A?6 <:K6 356;6 23 6;4:X1?6<=: =62 :4D6<1O67H32 =3 32@A34=6 @A3 BA56K6? ;3B62 3L:4?62 =3 -623 1<LBA3<>1646? ;6451=:2 ;:BU51>:2 >:?: : =3;A56=:2 =6 43<53 64B6?3<564 6>1:<6B1256 6 32@A34=6 >65EB1>6 =6 BU=3432 21<=1>612 3 325A=6<512 :2 ?:K1?3<5:2 ;:;AB6432 %3<54: :;AB64 =3 AB5A46+ 6?;B16<=: 23A F:41O:<53 =3 1<5343223! 62 BA562 ;64B6?3<56432 6 BA56 =:2 546C6BF6=:432 6 215A679: 2:>16B <: >6?;: 235:432 1<=A2541612 ?6<1L32567H32 >AB5A46120 2 Q:K3<2 @A3 1<D4322646? <: - 3? &'() B3K6=:2 ;:4 13146 1<5: 3 3B2:< k34<3>p :=4Z 346? =3 32@A34=6 3 6BDA<2 ?1B156K6? <: - 3 5:=:2 346? ;4:K3<13<532 =6 6>AB=6=3 6>1:<6B =3 1B:2:L16 %$+ <6 Z;:>6 >:<21=346=6 A? G6<54:I =3 A<1K34215N41:2 >:?A<125620&&( :=6K16 ?32?: <3226 L623 : - <9: 622A?1A ;:217H32 46=1>612 56<5: :2 1<53B3>5A612 =: <6>1:<6B =323<K:BK1?3<512?: >:?: :2 =: GYB51?: -I =3L3<=16? A?6 6B16<76 3<543 546C6BF6=:432 3 CA4DA3216 <6>1:<6B >6=6 @A6B >:? 2A62 >:<21=3467H32 3 : ;:=34 =: 3256=: K16 ;4:>322: 3B315:46B0 3DA<=: 451O :2 123C16<:2 6: >:<254AU43? A?6 <:K6 53:416 ;646 : -4621B 435:?646? 6 53?N51>6 =6 >AB5A46 C4621B3146 1?;41?1<=: :A54:2 4A?:2 6: =3C6530&&d >:<>315: =3 >AB5A46 L:1 6<6B126=: ;3B6 1<53B3>5A6B1=6=3 123C16<6 =3<54: =3 A?6 E51>6 2:>1:BED1>6 3 L1B:2EL1>6 ;41<>1;6B?3<53 6 ;64514 =3 3D3B 64X 64543 3 -6B6<=1340 :K62 >653D:4162 >:?: 546<2;B6<5679: >AB5A46B >AB5A46 6B13<6=6 2AC2515AU46? >653D:4162 >:?: 6>AB5A4679: ;:4 3X3?;B:0 256C3B3>346? A?6 L1B1679: 3? A?6 >:443<53 =1251<56 6 =6 43;4323<56=6 ;:4 1BK1: :?34: 3 1BC345: 43a43 @A3 6;4323<56K6? A?6 ;342;3>51K6 6<54:;:BED1>60 4676 3 : ?31: <9: 346? ?612 @A325H32 >3<54612 ;646 23 ;3<264 6 ;4:CB3?N51>6 =6 >AB5A46 C4621B31460 =0 C1=0 =0 C1=2 ;0&&&&&.0 $:3B0 B51?: -0 <! 61: 6K644: =30 C0 0. $0 G ! 6 3X;341P<>16 =: -0 ;0d.0 , 3<65:0 . 0. 0 0 9: 6AB:! -4621B13<23 &'/S0 ; *S0 646 :2 1<53B3>5A612 =: - 6 >AB5A46 23416 A? K14 6 2340 3?62 >:?: ;4:Q35: 2:>16B 23 5:4<646? LA<=6?3<56120 >AB5A46 23416 A? 3B3?3<5: =3 546<2L:4?679: 2:>16B0 :2 1<53B3>5A612 23416? :2 432;:<2NK312 ;646 6 3B6C:4679: =3 A?6 1=3:B:D16 =3 =323<K:BK1?3<5: 3 K16C1B1O64 : ;4:Q35: =3 546<2L:4?679: 2:>16B0 451O 32>43K3<=: 2:C43 : 622A<5: <6 =Z>6=6 =3 &'/) L6O A?6 >4U51>6 6 B315A46 =:2 123C16<:2! B315A46 =:2 123C16<:2 <:2 546O A? ?125: =3 23<51?3<5: =3 65A6B1=6=3 3 ;6226=: 23? @A3 ?A1562 K3O32 261C6?:2 <:2 215A64 =3 ?6<3146 23DA46 <: 53?;:0 "A6<=: <:2 Q:4<612 <62 =12>A22H32 ;:BU51>62 :A 6>6=P?1>62 =3;646?:2 >:? >:<>315:2 >:?: >AB5A46 6B13<6=6 >:B:<16B12?: 6A53<51>1=6=3 >AB5A46B 6D1?:2 >:? A?6 <65A46B1=6=3 32;6<5:26 32@A3>3<=:<:2 =3 @A3 3B32 L:46? L:4Q6=:2 ;:4 A?6 1<53BB1D3<5216 =: -0 &&/ 1<LBAP<>16 =: - <: ;B6<: >AB5A46B L:1 ?A15: 21D<1L1>651K60 :=:2 32232 >:<>315:2 ;:BU51>:2 3 L1B:2EL1>:2 3B6C:46=:2 <6 =Z>6=6 6<5341:4 ;6226? 6 >:<254A14 >653D:4162 =3 6;433<29: 3 >:?;433<29: =6 436B1=6=3 C4621B31460 2 ?:K1?3<5:2 =3 >AB5A46 ;:;AB64 436B1O646? 6 2A6 ?6<3146 :2 1=3612 ;:BU51>:2 54656=:2 53:41>6?3<53 ;3B: -0 226 1<LBAP<>16 23 QA251L1>6 ;:4@A3 =3<54: =32232 ?:K1?3<5:2 62 L1DA462 ?612 43;4323<5651K62 3256K6? =14356 :A 1<=14356?3<53 43B6>1:<6=:2 6: -0 :4 3X3?;B: 64B:2 253K6? 6451<2 =141D3<53 =: %+ =6 <19: 6>1:<6B =:2 25A=6<532 %+ L:1 6221253<53 =3 BK64: 13146 1<5: 3 546C6BF6K6 <: - <: ?:?3<5: 3? @A3 622A?1A 6 =14379: =: 0 A54: 3X3?;B: L:1 6AB: 43143 A? =:2 LA<=6=:432 =: 3 >416=:4 =: Z5:=: =3 BL6C351O679: 6AB: 43143 <: @A6B :2 >:<>315:2 =3 >AB5A46 3 =3 ;:;AB64 :413<56K6? =14356?3<53 23A ?Z5:=: =3 6BL6C351O679:0&&' :=3?:2 >:<21=3464 56?CZ? 6 1<LBAP<>16 1<=14356 =: - <6 >6?;6<F6 @A3 L:1 1<2;146=6 <: 3 3251K346? 3? >:<256<53 =1NB:D: 3? 5:=: ;34U:=: =3 2A62 3X125P<>1620 3223 23<51=: 6 >6451BF6 =3 6BL6C351O679: 23DA16 62 :413<567H32 =6 >6451BF6 =: C6236=6 <: Z5:=: 6AB: 43143 3 62 ;46762 =3 >AB5A46 >41679: =: L:46? 6=6;56=62 \ 436B1=6=3 =6 >1=6=3 =: 656B0 3Q6?:2 6 6;4323<5679: =: 0.<3 32>4156 ;:4 :6>a4 =3 E32 3? &'(T! , 3<65:0 . 0. 0 0 ;0*/0 =0 C1=0 253 G1K4: =3 315A46 ;646 =AB5:2 =6 6?;6<F6 3 Z <: F9: 6?CZ? 23 ;43<=3 6 34I <9: Z A? 546C6BF: :41D1<6Bj Z A?6 6=6;5679: \2 >:<=17H32 B:>612 =: 1: 0 =: :453 =: G1K4: =3 315A46 ;646 =AB5:2I =: :K1?3<5: =3 AB5A46 :;AB64 =: 3>1L30 >43=156?:2 3<59: : >345: Z @A3 6;4:K3156?:2 3256 3X;341P<>16 KNB1=6 3 6;B1@A3?:B6 3<543 <E20 3 : 3 6 G6?;6<F6 3 Z <: F9:I 5P? : ?32?: 3?C626?3<5: 6 .00 . . 0. . 3 23 ;4:;H3? 6: ?32?: L1? : =3 05 . 6546KZ2 =6 3=A>679: D6<F6?:2 53?;: 6;4:K3156<=: : B1K4: =62 ;4:L322:462 :4?6 :45: 644314: :3BF: 3 $:21<6 :;32 :=:a <A?6 6=6;5679: =6 4:L322:46 6416 1K6 =6 6B353 A>3<6 2A;34K121:<6<=: A? 546C6BF: =3 3@A1;30 &.) 1<=6 <: 1K4: =3 315A46 43>:<F3>3?:2 3226 1<LBAP<>16 <62 B17H320 2 53?62 >:B:>6K6? 23?;43 : ;:K: >:?: : 2AQ315: ;41<>1;6B0 >:<2>13<51O679: =: ;:K: 6546KZ2 =6 3=A>679: 3 =6 >AB5A46 L6416 =: ;6U2 A?6 K34=6=3146 <679:0 3?62 >:?: 9 0 j 9 j 9 N0 j 9 .0 j 900 j / .0 .1$ j 4 /1 1$ /j 410 .0 .. j 4 10. j * 10 *$ . 0.. j ><0 1. 0. 0. j 4 . 0.. j . 0 . . 0.j 3<543 :A54:2 ;433<>F16? 5:=: : 1K4: =3 315A460&.& :=3?:2 ;34>3C34 3226 1<LBAP<>16 <6 L6B6 =:2 1=36B1O6=:432 =6 >6?;6<F6 <: K:>6CABN41: A26=: ;:4 3B320 6 :>6219: =: 3<>3446?3<5: =6 4676 =3 AB5A46 =12>A426K6 :6>a4 =3 E32 <6 Z;:>6 3>435N41: =3 =A>679: 3 AB5A46 =: A<1>U;1:! N @A3 23 L6O34 6 1<53D4679: ;:;AB64 <: ;4:>322: >AB5A46B C4621B314: 2:C ;3<6 =3 >:<51<A64 6 5 =: F:?3? 3 23A >:<23@s3<53 6BF36?3<5: \2 ?6D<62 @A325H32 =: <6>1:<6B12?:0 l000m 9: 534?1<6=:2 :2 53?;:2 =3 0 05. 0. 125: Z =3 >:B:<16B12?: 3? 2A6 ?612 6?;B6 6>3;79:0 l000m >43=156?:2 @A3 2E 6546KZ2 =6 3=A>679: 3 =6 >AB5A46 ;:=343?:2 B1C34564 : F:?3? C4621B314: =3 2A6 5 3 : ;:K: C4621B314: =3 2A6 234K1=9:0 &.. 43>F: =: 53X5: =3 6C345A46 =: 1K4: =3 315A46 =6 6?;6<F6 =3 Z <: >F9: 6?CZ? 23 ;43<=3 6 340 &'(T0 1K4: =3 315A46 3 Z <: F9: 6?CZ? 23 ;43<=3 6 34 &'(T0 $:2Z k1BB1<D5:<0 -6 >6?;6<F6 =3 ;Z <: >F9:0 ;0&TS0 ?6 2Z413 =3 >:<>315:2 L:1 1<53D46=6 <62 ;3762 53654612 <6 ?Y21>6 <: >1<3?6 <62 >6451BF62 32>:B6432 <62 ;4N51>62 =32232 ?:K1?3<5:2 AB546;6226<=: 56?CZ? : 53443<: =6 >AB5A46 ;:;AB640 62 32232 >:<>315:2 =3K3? 234 B1=:2 =3<54: =3 B1?1532 C3? ;43>12:2 =3 A? =3534?1<6=: ?:?3<5: F125E41>:0 2 546<2L:4?67H32 >:<>315A612 <9: =3K3? 234 3<53<=1=62 =32K1<>AB6=62 =62 546<2L:4?67H32 ;:BU51>62 =6 2:>13=6=30 .0S f! %+ :K1?3<5: =3 AB5A46 :;AB64 =3 3>1L3 53K3 L:453 1<LBAP<>16 2:C43 6 >6?;6<F6 ;:4 122: 6>F6?:2 1?;:456<53 3X;B6<64?:2 2:C43 6 :41D3? =: ?:K1?3<5:0 :K1?3<5: =3 AB5A46 :;AB64 2A4D1A 3? &'()0 : ?32?: 6<: L:1 3B315: : ;43L315: =6 >6;156B ;34<6?CA>6<6 1DA3B 446320 3DA<=: 34?6<: :3BF: A? =:2 LA<=6=:432 =: : 43>Z?3B315: ;43L315: =3 3>1L3 >:<K1=:A A? D4A;: =3 ;322:62 >:? : :CQ351K: =3 3256C3B3>34 A? ;B6<: =3 3=A>679: ;646 >416<762 3 6=:B32>3<532 >643<532 =6 >1=6=30&.T 3226 Z;:>6 3>1L3 <9: ;:22AU6 A?6 43=3 ?A<1>1;6B =3 3=A>679:0 ? &'() : =ZL1>15 <: 3<21<: 651<D146 >34>6 =3 *) ?1B >416<762 23? 32>:B62 <: 3>1L30 46? ;4:;:2562 =: ;43L315: A? ;4:D46?6 =3 3=A>679: ;:;AB64 ;4:?:79: =: L:B>B:43 3 6453 ;:;AB64 3 6 3L351K679: =3 43L:4?62 @A3 B3K6223? 6 546<2L:4?679: =6 :4=3? 2:>16B0&.* L:1 LA<=6=: 3? &T =3 ?61: =3 &'() <: 44616B =: -:? $32A2 3? 626 ?643B6 3>1L30 BZ? =3 34?6<: :3BF: ;6451>1;646? =6 LA<=679: >:<2515A1<=: : :<23BF: =3 14379:! 6AB: 43143 6AB: :262 C3B64=: =6 :46 <156 632 -64435: :4?6 :45: 0 :3BF: 346B=: 13146 31<6B=: 322:6 123B=6 :<23>6 6416 <5e<16 6>:q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d0 0 34?6<:0 . " 0. 0.. 0 <! 6AB: %4D0+0 6AB: 43143! 3=A>679: 3 546<2L:4?679:0 ;0*TSj , c3B?6 6CU:B6 -3B549: =30 6C:4=6D3? 2:C43 6 >AB5A46 ;:;AB64 A51B1O6=6 <: :K1?3<5: =3 AB5A46 :;AB64 =3 34<6?CA>:0 12;:<UK3B <: 2153! !RRqqq03>60A2;0C4 <543K1256 >:? C3B64=: =6 :46 %6>34K: =: 3?:416B =: + 6;A= =0 C1=0 2:?3<53 3? &'() >:? 1DA3B 44632 <6 43L315A46 =3 3>1L3 @A3 : ?:K1?3<5: 23416 >416=:0 C3B64=: =6 :46 >:B:>:A 3? 23A =3;:1?3<5: @A3 1DA3B 44632 : >F6?:A 32>B643>3<=: 2A62 1<53<7H32 =3 6;:164 GA? 6?;B: ?:K1?3<5: >AB5A46B 3 2AD341<=: 6>432>3<564 A? 235:4 =3 3=A>679: ;646 Q:K3<2 3 6=AB5:2I0 &.d 3254A5A46 =: L:1 >:?;:256 ;:4 54P2 =3;6456?3<5:2! :4?679: =3 AB5A46 %+j :>A?3<5679: 3 <L:4?679: %+ 3 1LA29: 3 AB5A46 %+0 253 YB51?: 346 =1K1=1=: ;:4 =3O 235:432! 32@A126 %6AB: 43143+j <21<: %<156 632 -64435:+j 4532 BN251>62 3 45326<65: %C3B64=: =6 :46+j Y21>6 6<76 3 6<5: %N41: [<>1:+j 1<3?6 N=1: 3B3K129: 3 ?;4326j 3654: %A1O 3<=:<76+j 6Y=3j AB5A46 -4621B3146j -3?32564 :B351K:%346B=: 13146+j 2;:4532 %31<6B=: 322:6+0 &./ 1BK6 <:2 ?:2546 @A3 3223 ?:K1?3<5: 43>3C3A 1<LBAP<>162 =3 :C462 3 6A5:432 ;41<>1;6B?3<53 L46<>32320 2>43K3 6 6A5:46! G23A <:?3 L:1 F34=6=: =: ?:K1?3<5: L46<>P2 . 0. 0. 3 3? D46<=3 ;6453 23A 32;U415:I0 ;41<>1;6B 1=3EB:D: =: L:1 34?6<: :3BF: 1<53B3>5A6B C6256<53 ?64>6=: ;3B6 1<LBAP<>16 =: ;3<26?3<5: L46<>P2! -:1?:<=36A 3A;B3 35 AB5A43 1C435 A?6O3=134 :A<314 431<35 6A561< 3<543 :A54:20&.' ?6 ;BA46B1=6=3 =3 ;:221C1B1=6=32 L6K:43>346? : 2A4D1?3<5: =: 0 2 ;43:>A;67H32 =:2 3=A>6=:432 : ?:?3<5: ;:BU51>: 62 =143541O32 ;:BU51>62 =: 43L315: 1DA3B 446320 41D1<6B?3<53 : K:B5:A23 ;646 6 ;4N51>6 ;3=6DED1>6 =3 ;4:D46?62 3=A>6>1:<612 =3 C6230 3<21<: CN21>: 1<>BAU6 ;:45ADAP2 ?653?N51>6 F1D13<3 F125E416 D3:D46L16 3 ;:BU51>60 2 =12>1;B1<62 346? 43B6>1:<6=62 >:? 6 L:4?679: =3 A?6 G>:<2>1P<>16 2:C43 6 ;4:CB3?N51>6 C4621B3146I0 :? : >432>1?3<5: =: :K1?3<5: :A5462 ;4N51>62 L:46? 23<=: 6=:56=620 3762 =3 53654: >3<54:2 =3 >AB5A46 ;:;AB64 ?Y21>6 L1B?32 >6<7H32 3 =6<762 ;:;AB6432 64532 K12A612 3 645326<65:2 L:46? 1<254A?3<5:2 ?31:2 A51B1O6=:2 ;646 K1<>AB64 : \ ;:;AB679: 3 6: ;4:>322: =3 ?:C1B1O679: ;:BU51>60 :? 43>A42:2 =: ;:=34 ;YCB1>: : =323<K:BK3A A? ;B6<: =3 679: =3L1<1<=: 62 =143541O32 D34612 ;646 : 546C6BF: @A3 346? 62 23DA1<532! • :4<3>1?3<5: =3 ?31:2 6C2:BA56?3<53 1<=12;3<2NK312 \ L:4?679: 3 6: 3X34>U>1: =6 >:<2>1P<>16 2:>16B >6;6O =3 >:?;433<29: 6=3@A6=6 =62 >:<=17H32 =3 K1=6 6 @A3 23 3<>:<546? 2AC?351=62 \2 ?62262 ;:;AB6432j =0 C1=0 A1O <5e<1:j :6>a4 =30 ; .50 1: =3 $6<314:! $:4D3 ,6F64 &''&0 ;0&d0 6416 -35[<160 3LB351<=: 2:C43 : :K1?3<5: =3 AB5A46 :;AB64! 32;67: ;646 6453i 3K1256 1D156B 45x0 <: <0 )( :A50 .))(0 12;:<UK3B <: 2153! F55;!RRqqq043K125606450C40 >3226=: 3? )TR).R)d0 • • • • 323<K:BK1?3<5: =6 >:<2>1P<>16 ;:;AB64 <: 23<51=: =3 6;4:LA<=64 2A6 >:?;433<29: 53E41>6 =6 436B1=6=3 2:>16B 3 =6 <3>3221=6=3 ;4N51>6 =3 2A6 546<2L:4?679:j 323<K:BK1?3<5: =6 K1=6 >AB5A46B =62 :4D6<1O67H32 ;:;AB6432 <: 23<51=: =3 1<>43?3<564 2A62 651K1=6=32 >AB5A4612 1<534<62 3 2A62 ?6<1L32567H32 >AB5A4612 K:B56=62 ;646 6 >:?A<1=6=3j B3K679: =: 23<51=: 2:>16B =62 ?6<1L32567H32 >AB5A4612 >:?A<15N4162 =3 >64N534 546=1>1:<6Bj 46<2L:4?679: =3 <3D651K6 3? ;:2151K6 =6 43B679: 3<543 ?31:2 1<=1435:2 3 ?31:2 =1435:2 6=:56=:2 ;3B: ;4323<53 ;B6<: ;646 6 >:<>4351O679: =3 2A62 =143541O320&T) 2262 =143541O32 23416? 6 B1<F6 >:<=A5:46 ;646 : 546C6BF: =: 0 6AB: 43143 @A3 1<53D46K6 6 3@A1;3 =3 ;32@A126 L:1 A? =:2 ;41<>1;612 ;6451>1;6<532 3 :4D6<1O6=:432 3=A>6>1:<612 =: :K1?3<5:0 6;4323<5679: =6 ;376 G$ABD6?3<5: 3? <:K: 2:BI 3<>3<6=6 3? &'(. ;3B: 3654: =3 AB5A46 =: 32>4156 ;:4 34?6<: :3BF: <:2 ?:2546 62 1<53<7H32 =: =3 3251?AB64 6 3<34D16 >41651K6 1<343<53 \2 ?62262 ;:;AB6432 3 2A62 :4D6<1O67H32 3 =64 1<>3<51K:2 ;646 6 3?34DP<>16 : LB:432>1?3<5: 3 : >432>1?3<5: =62 L:<532 =3 ;4:=A79: =3 >AB5A46 ;:;AB640&T&! :K1?3<5: =3 AB5A46 :;AB64 <9: Z 6;3<62 A?6 64?6 =3 >:?C653 >:<546 : 6<6BL6C3512?:0 9: Z 2:?3<53 A? ?31: =3 3=A>679: 1<53D46B =: F:?3? >:?: ;322:6 3 >:?: ?3?C4: =6 >:?A<1=6=30 3? Z 2E 59: ;:A>: A?6 1<2515A179: =3251<6=6 6 ;4:?:K34 6 ?3BF:416 =62 >:<=17H32 ?65341612 =: ;:K: 6546KZ2 =6 L:4?679: ;4:L1221:<6B 3 =6 3=A>679: >::;34651K12560 g ?A15: ?612 3 6>1?6 =3 5A=: 1<254A?3<5: =: <UK3B >AB5A46B =: ;:K:0&T. 646 >:B:>64 3? ;4N51>6 62 =143541O32 =: ?:K1?3<5: L:46? >416=:2 32;67:2 32;3>UL1>:2 ;646 @A3 6 ;4:=A79: =6 >AB5A46 ;:;AB64 LB:432>32230 2232 32;67:2 346? >F6?6=:2 =3 ;46762 =3 >AB5A46 ;64@A32 =3 >AB5A46 3 <Y>B3:2 =3 >AB5A460 3 6>:4=: >:? 6 =:>A?3<5679: =: F6K16 =1L343<762 3<543 46762 =3 AB5A46 3 64@A32 =3 AB5A460 2 ;46762 =3 >AB5A46 23 >646>5341O6K6? ;:4 2343? 32;67:2 >AB5A4612 =3 6453 >1<3?6 53654: 35>0j 3 :2 ;64@A32 346? 32;67:2 3X>BA21K:2 ;646 6 43>43679: 23? A? 546C6BF: 21253?651O6=:0 2 ;41?31462 3X;341P<>162 =3 ;46762 =3 >AB5A46 23 =346? 3? 3>1L3 ;:25341:4?3<53 L:46? 1?;B3?3<56=62 3? 656B 3 -3B: :41O:<530 :46? 32;67:2 >416=:2 ;:4 ?:K1?3<5:2 B6<: =3 79: =: 0 <! 2?640 . 0.. .5. ! ?3?E416 =:2 6<:2 &'()0 ;0'.'T0 =0 C1=0 ;0.((0 =0 C1=0 ;0'.'T0 ;:;AB6432 ;646 6 ;4:?:79: =6 >AB5A46 ;:;AB64 =3251<6=:2 \ ;:;AB679: ?62 56?CZ? L:46? 32;67:2 32;3>UL1>:2 =3 ;4:=A79: 3 43>3;79: =62 ;4N51>62 1=Z162 3 K6B:432 =32232 ?:K1?3<5:20 ; $ 3(2$.+(4<*$ 2+ *$4+ .=$#+ #* 2$ #2#$3(4<*$*>&(2:5+ : ;41?314: >6;U5AB: =12>:443?:2 2:C43 >:?: >:<QA<5A46 ;:BU51>6 =:2 6<:2 &'S) 3 &'() L:1 L6K:4NK3B 6: 2A4D1?3<5: <: :4=3253 =3 ?:K1?3<5:2 ;:;AB6432 ;4:?:K1=:2 ;3B: ;:=34 ;YCB1>: @A3 =346? :41D3? 6 32;67:2 =3 ;4:=A79: 3 43>3;79: =62 1=Z162 ;4:;:2562 ;:4 32532 ?:K1?3<5:2 3? 5:4<: =6 >AB5A46 ;:;AB64 >F6?6=:2 ;46762 =3 >AB5A460 ?:?3<5: ;:BU51>: =6 Z;:>6 21D<1L1>:A 56?CZ? A? <:K: :BF64 2:C43 6 >1=6=3 <6 ?3=1=6 3? @A3 3256 ;43>12:A ?:=1L1>6423 =3 L:4?6 6 653<=34 6:2 6<231:2 ;:BU51>:2 =3 A?6 3B153 =323Q:26 ;:4 1<=A25416B1O679:0 3 <A? ;34U:=: 6<5341:4 62 1<534K3<7H32 A4C6<U251>62 21D<1L1>646? 6 ;43:>A;679: =3 A?6 3B153 =141D3<53 3? 5:4<64 6 >1=6=3 A? 21D<: =3 ?:=34<1=6=3 =3256>6<=: 6 L:453 1<LBAP<>16 =:2 D46<=32 >3<54:2 A4C6<:2 3A4:;3A2 3 <6>1:<612 <:2 6<:2 &'S) 3 1<U>1: =:2 6<:2 &'() 62 1<534K3<7H32 21D<1L1>646? B3D151?679: =6 679: ;:BU51>6 <: 32;67:0 4:;:?:2 =3256 L:4?6 A? :BF64 2:C43 6 >1=6=3 6 ;64514 =62 1<534K3<7H32 3? 656B =A46<53 62 =A62 6=?1<125467H32 =3 Q6B?6 646<F9: 6<6B126<=: @A6B L:1 : ;:21>1:<6?3<5: =: ;43L315: L43<53 \2 <:K62 <3>3221=6=32 A4C6<62 @A3 2A4D16?0 Q6B?6 646<F9: 3253K3 =A46<53 62 2A62 =A62 6=?1<125467H32 3? 21<5:<16 >:? :2 6<231:2 =: ;4:D4322: =3 1<=A25416B1O679: 3 =3 =323<K:BK1?3<512?: 3>:<e?1>: =62 43L:4?62 2:>1612 B3K6=: ;3B6 ;:BU51>6 3? [?C15: <6>1:<6B0 6 ;4N51>6 3226 ;:BU51>6 <62 6=?1<125467H32 Q6B?6 646<F9: 23 =323<K:BK3A 6 ;64514 =3 67H32 21253?651O6=62 =3 ;4:?:79: =3 >6?;6<F62 ;:;AB6432 ;646 >6B76?3<5: =3 4A62 >6B76=62 =62 4A62 =: >3<54: 3 =3 N4362 ?612 6L6256=62 >6?;6<F62 =3 64C:41O679: =3 ;62231:2 ;YCB1>:2 =3 >41679: =3 E4D9:2 32;3>16B1O6=:2 ;646 622A<5:2 43B651K:2 6 62;3>5:2 A4C6<U251>:2 =6 >1=6=3 1<54:=A79: =3 1<:K67H32 53><:BED1>62 3 =3 A?6 2Z413 =3 ?3=1=62 K126<=: 3254A5A464 3 ?:=34<1O64 6 >1=6=3 K126<=: \ 1<=A25416B1O679:0 643?:2 A?6 C43K3 3X;B6<679: 2:C43 : =323<K:BK1?3<5: =:2 325A=:2 2:C43 6 >1=6=3 ;646 3? 23DA1=6 L:>6B1O64?:2 6 653<79: <: >62: 32;3>UL1>: =6 >1=6=3 =3 656B0 T0& 5Z : 2Z>AB: hh 6 32;3>1L1>1=6=3 =6 >1P<>16 F125E41>6 346 : 53?;:0 F125:41:D46L16 6;4323<56K6 : 32;67: >:?: >653D:416 23>A<=6416 6;643>3<=: >:?: A? =6=: A? BAD64 L1X: 1?EK3B :<=3 :2 6>:<53>1?3<5:2 23 =323<4:B6K6?0 32;67: 346 :CQ35: =3 :A546 =12>1;B1<6 6 D3:D46L160 1BA?1<12?: L:1 : ;41?314: ?:K1?3<5: @A3 ;3<2:A 6 F125E416 >:?: >1P<>16 4:?;3<=: >:? 6 F125E416 >:?: DP<34: B1534N41: 1<6ADA46<=: 6 B153465A46 >:?: DP<34: 32;3>UL1>: =3 L1>79:0 ;4:;:256 1BA?1<1256 346 6541CA14 \ F125E416 :2 ?32?:2 ?Z5:=:2 A26=:2 ;646 6 ?653?N51>6 6 LU21>6 3 6 D3:?35416 <: 1<5A15: =3 4:?;34 >:? 62 3X;B1>67H32 53:BED1>62 2:C43 F:?3? 3 <65A43O6 @A3 ;43=:?1<6K6? <6@A3B3 ;34U:=: =:56<=: =3226 L:4?6 6 F125E416 =3 B312 D346120&TT :1 <: 1BA?1<12?: @A3 23 ;4:;6D:A 6 1=Z16 =3 32;67: L1X: : 32;67: >:?: <65A43O60 :?: 432;:256 6:2 ;4322A;:25:2 1BA?1<12562 K31: 6 2>:B6 :?[<51>6 =: 1<U>1: =: 2Z>AB: hh 1<LBA3<>16=6 ;3B6 3K:BA79: 46<>326 : 4:?6<512?: 6;4323<56K6 A?6 K129: CA>EB1>6 =3 435:4<: \ :41D3? =3 43226>46B1O679: =: ?A<=:0 :<54N41:2 \ 23;64679: <65A43O6 3 F:?3? ;4:;A2346? 6 >:<K1KP<>16 3<543 >1P<>16 3 6453 >1P<>16 3 43B1D19: 5465646? =3 ;4:CB3?62 2ACQ351K:2 1<=1K1=A612 3 23XA6120 3223 23<51=: : F125:416=:4 53416 A? >:?;4:?122: >:? :2 ?:51K:2 >:? 62 23<267H32 3 >:? :2 23<51?3<5:2 3<@A6<5: : BA?1<12?: 6;4323<5:A : F:?3? >:?: A? 234 =6 46O9:0 1>F3B35 L:1 : D46<=3 <:?3 =6 F125:41:D46L16 4:?[<51>60 : 4:?6<512?: : 32;67: 61<=6 L1X: D6<F6K6 A?6 =1?3<29: 2ACQ351K6 26D46=6 =1K1<1O6=60 &T* F125:41:D46L16 6B3?9 =: 2Z>AB: hh 23DA<=: k3FB1<D L:1 A?6 >:<51<A679: =: ;4:Q35: 1BA?1<1256 =3 5:4<64 6 F125E416 A?6 >1P<>16 23 =1256<>16<=: =: 4:?6<512?:0 F125:416=:4 6B3?9: 6<p L:1 : 432;:<2NK3B ;3B6 >41679: =3 A? ?Z5:=: ;4E;41: =6 F125E416 6C:B1<=: 6 =1?3<29: L1>>1:<6B 3 @A6B@A34 2ACQ351K1=6=3 =: 6A5:40 3223 23<51=: : L65: F125E41>: 53416 A?6 436B1=6=3 3? 21 ?32?: 1<=3;3<=3<53 =3 @A3? B3223 =6 B1<DA6D3? 3 =6 2ACQ351K1=6=3 =: 6A5:40 L65: F125E41>: 3256416 43D12546=: <: =:>A?3<5: 3 ;646 6 32>:B6 ?35E=1>6 23416 : =:>A?3<5: :L1>16B0 223 ?:K1?3<5: @A3 ;4353<=3A 5:4<64 6 F125E416 >1P<>16 L:1 : F125:41>12?: @A3 6L14?6K6 : 53?;: >:?: =1?3<29: 3223<>16B =6 =12>1;B1<6 @A3 1<K3251D6 : ;6226=: =62 2:>13=6=32 FA?6<620 2>:B6 35E=1>6 6=:5:A 6 <679: 3 6 >1K1B1O679: >:?: L0 4<3250 1 1 .0 6?;1<62R! =0 =6 &''.0 , 46<>12>: :46320 <007! 6 436B1O679: =6 A5:;16 <6>1:<6B :15:>3<512560 A4151C6! =15:46 =6 &''(0 2AQ315:2 =6 F125E416 43;4323<56=:2 ;3B: 256=:0&TS ;:BU51>6 346 : >6?;: ;41<>1;6B =:2 6>:<53>1?3<5:2 0 1<5343223 =:2 F125:416=:432 ;3B: 32;67: L:1 QA251L1>6=: ;:4 64K3a 6 ;64514 =62 546<2L:4?67H32 ?A<=1612 =: 2Z>AB: hh @A3 ?A=646? : ;3<26?3<5: =: F:?3? 3 B3K646? :2 F125:416=:432 6 >:<21=3464 : 32;67: <62 2A62 6<NB12320 G:? 6 43=A79: =62 C64431462 32;6>1612 6A?3<56 ?A15: ?612 6 <:226 23<21C1B1=6=3 6: @A3 :2 32;67:2 =: ?A<=: >:<5P?I0 &T( 2262 <:K62 >646>534U251>62 >:?376? 6 <:45364 62 >1P<>162 FA?6<62 <: 1<U>1: =: 2Z>AB: hh 3 =3<54: =3256 ;342;3>51K6 =3256>6?:2 6 F125:41:D46L16 ;4:=AO1=6 ;3B:2 F125:416=:432 B1D6=:2 \ 3K1256 =:2 %>416=6 3? &'.' <6 46<76+ @A3 23 ;43:>A;646? >:? 6 =1?3<29: 32;6>16B 1<1>16B?3<53 1<LBA3<>16=:2 ;3B6 D3:D46L16 FA?6<6 =3 6AB 1=6B =3 6 -B6>F30 2 LA<=6=:432 =6 3K1256 L:46? :2 F125:416=:432 A>13< 3CK43 32;3>16B1256 <: 2Z>AB: h 3 : ?3=13K6B1256 64> -B:>F0 <Y>B3: >3<546B 346 L:4?6=: 6BZ? =32532 ;:4 34<6<= -46A=3B 3:4D32 ACa $6>@A32 3 :LL 3 ??6<A3B 3 :a 6=A4130 4EX1?:2 =3253 >3<54: 3256K6? :2 F125:416=:432 ?64X12562 4<325 64:A223 13443 1B64 6A41>3 DABF:< 3 1>F3B :AK3BB30&Td 2 1=Z162 3 =143541O32 =6 3K1256 346? 6 2AC2515A179: =6 <644651K6 =:2 6>:<53>1?3<5:2 ;:BU51>:2 ;:4 A?6 F125E416 ;4:CB3?6 3 6 >:B6C:4679: =3 :A5462 =12>1;B1<62 >:?: 6 D3:D46L16 6 2:>1:B:D16 6 ;21>:B:D16 6 3>:<:?16 6 B1<DsU251>6 6 6<54:;:B:D16 2:>16B 3 :A54620 3CK43 61<=6 @A6<=: 346 6BA<: =3 A?6 32>:B6 =3 3<21<: 2A;341:4 6 2>:B6 :4?6B A;341:4 3? 6412 53K3 >:?: A? =3 23A2 ;4:L322:432 : D3ED46L: 1=6B =3 6 -B6>F30 D3:D46L16 K1=6B16<6 1<LBA3<>16=6 ;3B: =3C653 3<543 D3ED46L:2 3 2:>1EB:D:2 =A46<53 2Z>AB: hh 3 1<U>1: =: hh 2:C43 62 L:4?62 =3 6;433<29: =: 32;67: 546C6BF:A : >:<>315: =3 43D19: G>:?: Y<1>: 32;67: B3DU51?: :<=3 >:<>3C3 6 6451>AB679: 3<543 62 2:B1>1567H32 =: ?31: <65A46B 3 6 679: K:BA<5N416 =:2 D4A;:2 FA?6<:20I &T/ 3<54: =3226 >:<>3;79: KN4162 ?:<:D46L162 3 53232 43D1:<612 L:46? 32>41562 =6<=: A? <:K: :BF64 \ D3:D46L16 <6 @A6B 6 P<L623 346 6 6<NB123 =: >:<QA<5: =3 43B67H32 3<543 : F:?3? 3 : ?31: 2:>16B0 3CK43 6: 1<54:=AO14 6 D3:D46L16 3? 23A2 32>415:2 6L14?6K6 @A3 6;3<62 3226 43254179: 32;6>16B 6 43D19: D646<51416 6 K6B1=6=3 =:2 =6=:2 43A<1=:2 <6 ;32@A1260 646 3B3 >:? : 6>Y?AB: =3 325A=:2 B:>6B1O6=:2 ;:=3416 2A4D14 A?6 ;4:CB3?N51>6 ;3451<3<53 ;646 6 6<NB123 =:2 L65:2 2:>16120&T' k 4<:0 507! 325A=:2 2:C43 F125:41>12?:0 1: =3 $6<314:! =15:46 6?6 1BF: &''*0 y 6K1=0 57*0 9: 6AB:! :a:B6 &'/'0 ;0 .(S -c 35340 > &'((*'(K(,- 6 3K:BA79: 46<>326 =6 F125:41:D46L160 9: 6AB:!A<=679: =15:46 =6 &''d0; 0&&0 :D342 1 2 6 F125E416 3<543 1<>3453O62 3 1<@A135A=32 :45: B3D43! =0 <1K3421=6=3R .)).0 ;0.)/0 :D3421 0 ;0.&(0 -B:>F :;5:A ;:4 32;3>16B1O6423 3? 125E416 3=13K6B 1<534322:A23 56?CZ? ;3B6 D3:D46L16 3<54356<5: 2A6 D46<=3 1<LBAP<>16 L:1 <: >6?;: =6 2:>1:B:D16 >:? g?1B3 A4pF31?0&*) :25341:4?3<53 34<6<= -46A=3B 3 :2 F125:416=:432 L46<>3232 1<LBA3<>16=:2 ;:4 3B3 ;43:>A;646?23 >:? : 32;67:0 2 D3ED46L:2 6 -B6>F3 3 43=341>F 65O3B :2 F125:416=:432 3CK43 3 3<41 143<<3 %?3=13K6B1256+ L:46? 2A62 ?61:432 1<LBAP<>1620&*& ? 2A6 :C46 9"0O CC -46A=3B ?:2546 : 32;67: >:?: 3254A5A46 :<=3 62 67H32 FA?6<62 23 =323<4:B6? G6 K34=6=3146 ?65Z416 =: 325A=: Z 6 F125E416 =: F:?3? 3? 43B679: 6: ?31:I A?6 32;Z>13 =3 D3:F125E4160 62 -46A=3B 3<L651O6! G?3A D46<=3 ;4:CB3?6 : Y<1>: ;4:CB3?6 6 432:BK34 Z =3?:<25464 @A3 : 53?;: 6K6<76 >:? =1L343<532 K3B:>1=6=320I&*. 53?;: >:<51<A6K6 23<=: 6 >653D:416 LA<=6?3<56B =6 >1P<>16 F125E41>6 3 : 32;67: A? =6=: :<=3 62 67H32 6>:<53>16?0 2;3>16B?3<53 6 ;64514 =:2 6<:2 &'() KP? 23 6L14?6<=: <:K62 6C:4=6D3<2 53E41>62 <:K62 ;342;3>51K62 =3 325A=: 2:C43 : 32;67:0 :K62 6C:4=6D3<2 ;6226? 6 546564 : 32;67: >:?: 6BD: ?A5NK3B 3? ;34?6<3<53 >:<254A79:0 3223 23<51=: L6O3?:2 43L34P<>162 6 1>F3B =3 34536A ;:12 6;4323<56 A?6 <:K6 L:4?6 =3 32>4156 325A=6<=: : 32;67: 6546KZ2 =62 ;4N51>62 >:51=16<620 4:>A46 <: 325A=: =: >:51=16<: ;34>3C34 >:?: :2 32;67:2 29: ;3<26=:2 3 B1=:2 546C6BF6 6 <:79: =: 32;67: 3<@A6<5: BAD64 =3 ;4N51>62 @A3 2E Z ;:22UK3B =3 234 6;433<=1=: K125: =3 C61X: =3 =3<54: =: 2:>16B0&*T =12>A229: 2:C43 : 32;67: =32=:C4623 2:C43 6 @A3259: =6 >1=6=30 2 325A=:2 2:C43 62 >1=6=32 =656? =: 2Z>AB: hh 3 32562 6;643>3? >:?: B:>6B :<=3 23 =323<4:B6? :2 ;4:>322:2 2:>1612 3>:<e?1>:2 3 ;:BU51>:20 :? : 6>3B346=: >432>1?3<5: =62 >1=6=32 3 : 2A4D1?3<5: =3 ;4:CB3?62 =3 ?:46=16 >:<=17H32 =3 K1=6 =1L343<532 N4362 =: >:<F3>1?3<5: 5:4<646? 6 >1=6=3 :CQ35: =: 26C340 62>16 56?CZ? A?6 >1P<>16 @A3 23 ;4:;e2 ;3<264 3 ;B6<3Q64 6 >1=6=3 L0 -c 35340 > &'((*'(K(,- 6 3K:BA79: 46<>326 =6 F125:41:D46L160 ;0 .&(0 =0 C1=0 ;0S)S&0 =0 C1=0 ;0*/S.0 L0 1>F3B0 50! &064532 =3 L6O340 354E;:B12R$! :O32 &''*0 6453! 4N51>62 =3 2;67:0 ;0&('.&d0 25A=:2 1<534=12>1;B1<6432 2:C43 : 62;3>5: 21?CEB1>: 3 =12>1;B1<64 =: 32;67: 3? 1>F3B0 "1$ 2 T03=0 1: =3 $6<314:0 =0 466B &'/&j , 1BB32 3 ZB1X" 0N! 6;156B12?: 3 2@A1O:L43<16 :B S 1: =3 $6<314: =0 $:2Z Ba?;1: 2R=0 @A3 546C6BF6 >:? 6 <:79: =3 B12: 3 325416=: G: 32;67: B12: <9: ;N46 =3 234 546=AO1=: 546<2K3451=: <A? 32;67: 325416=:j : 32;67: 325416=: Z >:<256<53?3<53 43K3451=: =3K:BK1=: 6 A? 32;67: B12:Ij 6<NB123 =3 3<<35 2:C43 62 KN4162 >:<:567H32 @A3 6 =1?3<29: ;YCB1>6 6=@A143 6: B:<D: =:2 2Z>AB:2 @A3 K9: 32564 43B6>1:<6=62 62 ?A=6<762 <: 32;67: ;YCB1>:0 % 1>F64=0 9 $ ! 62 5146<162 =6 1<51?1=6=30+j 6 6<NB123 6<54:;:BED1>6 =3 6D<6<1 @A3 546C6BF6 6 <:79: =3 ;3=67: ;646 6<6B1264 6 1?;:45[<>16 =:2 32;67:2 =3 B6O34 <:2 C6144:2 ;:;AB64320 6D<6<1 $:2Z A1BF34?3 6<5:40 05! >AB5A46 ;:;AB64 3 B6O34 <6 >1=6=30 T03=0 9: 6AB:! =15:46 A>153> .))T : A4C6<12?:0 &** >1=6=3 23416 546<2L:4?6=6 <: 1<U>1: =: 2Z>AB: hh 3? :CQ35: =3 26C34 3 1<534K3<79:0 6B6K462 :A 3X;4322H32 >:?: A4C6<12?: 0P P: :A >1P<>16 =6 >1=6=3 >:?37646? 6 234 A51B1O6=62 <6 46<76 <6 <DB653446 3 <:2 256=:2 <1=:20 2232 ;6U232 1<256A4646? A?6 <:K6 ;4N51>6 6=?1<1254651K6 <: @A3 >:<>34<3 \ @A3259: =6 >1=6=3! B312 ;B6<:2 =3 :4D6<1O679: 3 3?C3B3O6?3<5: =62 >1=6=32 @A3 1<LBA3<>1646? ;:25341:4?3<53 : A4C6<12?: <:2 ;6U232 =6 ?Z41>6 651<60&*S : >6?;: =6 F125E416 3226 ;342;3>51K6 23 6;4323<56 <:2 ;41?314:2 325A=:2 2:C43 62 >1=6=320 F125:416=:4 :<6B= 6?1<3BB1 6: L6O34 A?6 6<NB123 2:C43 6 ;4:=A79: =6 F125:41:D46L16 @A3 53? >:?: 53?6 : A4C6<: <:2 ?:2546 @A3 <: L1? =: 2Z>AB: hh 3 1<U>1: =: hh F125:416=:432 QN 23 ;43:>A;6K6? 3? ;4:=AO14 A?6 F125E416 =62 >1=6=320 646 : 6A5:4 A253B =3 :AB6<D32 ;:=3 234 >:<21=346=: : ;41?314: F125:416=:4 ?:=34<: 6 23 =3=1>64 6: 325A=: =6 >1=6=30 2 325A=:2 ;4:>A46K6? >:?;433<=34 62 LA<7H32 622A?1=62 3 2A62 L:4?62 =3 :4=3<6?3<5: B3K6<=: 3? >:<21=34679: 62;3>5:2 3>:<e?1>:2 3 ;:BU51>:20 &*( 2 325A=:2 2:C43 62 >1=6=32 =: L1<6B =: 2Z>AB: hh 65Z :2 6<:2 &'() >6=6 >6?;: =12>1;B1<64 ;4353<=3A >:<254A14 A?6 >1P<>16 =62 >1=6=32 @A3 53416 >:?: :CQ35: : 32;67: A4C6<: 3 62 43B67H32 %2:>1612 3>:<e?1>62 >AB5A4612 35>0+ <3B3 1<2>41562 3<54356<5: : 32;67: A4C6<: 6;643>16 6;3<62 >:?: >3<N41: =:2 ;4:>322:2 2:>16120&*d ;64514 =:2 &'() KP? 23 6L14?6<=: <:K62 6C:4=6D3<2 53E41>62 <:K62 ;342;3>51K62 =3 325A=: 2:C43 : 32;67: 3 2:C43 6 F125E416 =62 >1=6=320 -A2>6?23 =1L343<532 >:?;433<2H32 2:C43 : 32;67: A4C6<: 3 =62 43B67H32 FA?6<62 6A?3<56<=: 62 ;:221C1B1=6=32 =: >6?;: =3 1<K3251D679: =: F125:416=:40 221? 6 F125E416 ;622:A 6 CA2>64 6 >:<254A79: =: 32;67: <: 53?;: : ?:K1?3<5: =3 >:<254A79: <: @A6B :2 F:?3<2 29: :2 2AQ315:2 =3256 F125E4160 : -4621B 6 :4D6<1O679: =: 32;67: ;YCB1>: =A46<53 : 2Z>AB: hh 3 1<U>1: =: hh 6>:?;6<F:A :2 ?:=3B:2 3A4:;3A2 62 546<2L:4?67H32 A4C6<62 L:46? A? 43LB3X: =62 546<2L:4?67H32 :>:441=62 <6 A4:;6 6;3264 =6 =125[<>16 3 =6 =3L626D3? >AB5A46B0 2262 ?A=6<762 >:1<>1=146? >:? 6 4:>B6?679: =6 3;YCB1>6 3 >:? <:K: 43D1?3 ;:BU51>: K31: 56?CZ? 6 <3>3221=6=3 =3 ?:=34<1O64 : ;6U20 >1=6=3 23416 6 43;4323<5679: =3 A? ;6U2 - 6416 53BB60 2 2353 ;:4562 =6 >1=6=3 >50 9: 6AB: <: h0 <n T* &''& %1=6=3 3 125E416+ 6;A= 64B6 3443510 9 .:! 3256=: 1D43Q6 3 ?:46=:432 <6 ;4:=A79: =6 F6C15679: ;:;AB64 3? -3B: :41O:<53 % -6144: :? 6C46B &'S'R&'/&+0 &'''0 122345679: %32546=: 3? 125E416+ 6>AB=6=3 =3 1B:2:L16 3 1P<>162 A?6<62 l&'''m0 12;:<UK3B 3?! F55;!RRF=B0F6<=B30<35R&/*TR(,'0 %qqq0C1CB1:53>6=1D156B0AL?D0C4+0 >3226=: 3? )SR).R)/0 L0 - AUO Z264 =3 "A314EO0 46<2L34P<>162 3?;4Z251?:2 3 546=A7H32 <6 L:4?679: =: A4C6<12?: <: -4621B0 <! :C345 3 WWWWWWW0 5! DP<323 =: A4C6<12?: C4621B314:0 1: =3 $6<314:! 1K1B1O679: -4621B3146 &''(0 :<6B=0 125E416 A4C6<60 <! 14: B6?641:< :<6B=: %:4D20+0 $07! 3<261:2 =3 53:416 3 ?35:=:B:D160 1: =3 $6<314:! 6?;A2 &''d0 =0 C1=0 ?:=34<: 3 ;646 122: 23416 <3>322N41: >4164 :A546 1?6D3? =6 >1=6=30 3223 ;34U:=: 62 >1=6=32 C4621B31462 6;4323<56K6? A?6 >:<QA<5A46 >646>5341O6=6 ;3B: 6B5: U<=1>3 ;:;AB6>1:<6B A? 1<>1;13<53 ;4:>322: =3 1<=A25416B1O679: 234K17:2 ;YCB1>:2 ;43>N41:2 >4123 F6C156>1:<6B0 6DB:?34679: =:2 >3<54:2 A4C6<:2 5:4<6K6:2 6?C13<532 1<26BAC432 3<=P?1>:2 3 1<23DA4:20 3223 23<51=: <:2 ;41?314:2 6<:2 =: 2Z>AB: hh 62 >1=6=32 C4621B31462 3?34D16? >:?: 32;67: ;41K1B3D16=: =3 679: =: ;:=34 ;YCB1>: 3 62 1<534K3<7H32 ;YCB1>62 L:46? =3 >A<F: F1D13<12560 43;4323<5679: =6 >1=6=3 >:?: A? 32;67: 2AQ: 3 1<26BAC43 >:<=17H32 L6K:43>1=62 ;3B: 54676=: A4C6<: 43?6<32>3<53 =: ;34U:=: >:B:<16B 4A62 325431562 C3>:2 K13B62 3 2:C46=:2 >:<254AU=:2 23? 43>A:2 L4:<5612 3 B6534612 >:? KN41:2 6<=6432 =1L1>AB56<=: 6 ;3<354679: =:2 461:2 2:B6432 3 =62 >:443<532 =3 64 346 6;:<56=: >:?: ;341D: ?61:4 ;646 6 26Y=30 612 >:<=17H32 346? K12562 >:?: L65:432 =3 ;4:;6D679: =3 =:3<762 3 =1223?1<679: =3 3;1=3?1620 >1=6=3 >:B:<16B 3256K6 622:>16=6 \ 1<26BAC41=6=3 <62 43;4323<567H32 =62 3B1532 ;:BU51>62 3 B3546=620 1=Z16 =3 ?:=34<1=6=3 23416 6 2:BA79: ;646 6 2A;34679: =:2 432@AU>1:2 =6 3254A5A46 >:B:<16B <62 >1=6=320 3223 23<51=: 62 1<534K3<7H32 K126K6? >4164 A?6 <:K6 1?6D3? =6 >1=6=3 >:<L:4?3 :2 ?:=3B:2 325Z51>:2 3A4:;3A2 62 3B1532 =323Q6K6? ?653416B1O64 :2 2U?C:B:2 =6 =1251<79: \ 2A6 <:K6 >:<=179:0 ?:=34<1O679: 5:4<:A23 : ;41<>U;1: :4D6<1O6=:4 =62 1<534K3<7H320 >1=6=3 @A3 ?612 23 =3256>:A <3226 3X;341P<>16 =3 1<534K3<79: <: -4621B L:1 6 >1=6=3 =: 1: =3 $6<314: 23DA1<=:23 9: 6AB: :456B3O6 6BK6=:4 -3BZ?0&*/ 2 ?Z=1>:2 F1D13<12562 1<K3251D6<=: 2:C43 :2 6D3<532 >6A26=:432 =3 3;1=3?162 1<K3<5646? :2 ;4:CB3?62 A4C6<:2 3 6 >1=6=3 ;622:A 6 234 :CQ35: =3 1<K3251D679: =3 1<534K3<79: ?Z=1>6 =6<=: \ >1=6=3 6 L:4?6 =3 A? >:4;: FA?6<: >:? LA<7H32 :4D[<1>620 &*' F125:416=:4 3>F?6<&S) L6B6 3? A? 26C34 2:C43 6 >1=6=3 @A3 23 5:4<:A 43L343<>16B <6 6451>AB679: =3 A? ;6>5: 3<543 :2 D4A;:2 =:?1<6<532 @A3 53K3 6 >1=6=3 >:?: C6230 3226 L:4?6 3223 ;6>5: A4C6<: =3 @A3 54656 : 6A5:4 3<@A6=4:A G<:K:2 3 K3BF:2 D4A;:2 >156=1<:2 \ =1<[?1>6 =3 A?6 >1=6=3 3? 546<2L:4?679: 3 @A3 1<54:<1O6 :2 ;41<>U;1:2 F1D13<12562 >:?: A?6 <:4?6 =3 >:?;:456?3<5: 2:>16BI0&S& : [?C15: B:>6B CA2>6?:2 43L34P<>162 3? 1:K6<6 B1K3416 %&''d+ 3 $:6<1B2:< :6432 %&'''+ 2:>1EB:D:2 @A3 32>43K346? 2A62 =12234567H32 <6 =Z>6=6 =3 &'') 3 51K346? >:?: 34 k AD:0 ! $64=1<2 =: -4621B0 :C345 :2320 A4C6<: L:46 =: BAD64i 46<2L34P<>162 3 546=A7H32 =62 1=Z162 A4C6<U251>62 <:2 6<:2 .)0 <! WWWWWW0 - AUO Z264 =3 "A314EO0 5! DP<323 =: A4C6<12?: C4621B314:0 ;0TT&TT.0 4:L322:4 =: <2515A5: =3 32@A126 3? B6<3Q6?3<5: 4C6<: 3 3D1:<6BR$ :C3450 A4C6<: L:46 =: BAD64i 46<2L34P<>162 3 546=A7H32 =62 1=Z162 A4C6<U251>62 <:2 6<:2 .)0 <! WWWWWWWW 3 - A1O Z264 =3 "A314:O %:4D20+0 50 ;0TT&0 :CQ35: =3 6<NB123 6 >1=6=3 =3 656B =: 1<U>1: =: 2Z>AB: hh0 9: 43L34P<>162 56?CZ? :2 546C6BF:2 =:2 F125:416=:432 61?A<=: 44612 %.))(+ 3 B3<A2p6 <=46=3 %.))(+ 3 =6 64@A15356 o<D3B6 3443146 %.))(+0&S. : :4=3253 : ;4:>322: =3 A4C6<1O679: 3253K3 >:<=1>1:<6=: \ F346<76 6D4: 3X;:456=:46 =3 2A6 3>:<:?16 3 <: 1: 46<=3 =: :453 6 >:<2515A179: =3 A?6 43=3 A4C6<6 53416 21=: 1?;AB21:<6=6 ;3B6 651K1=6=3 >4165E4160 2:>1EB:D: :6432 3? 2A6 B315A46 2:C43 6 >1=6=3 =3 656B =: 1<U>1: =: 2Z>AB: hh 6L14?6 @A3! 3>:<:?16 23?;43 ?6<53K3 L4ND312 K1<>AB67H32 >:? : 235:4 =3 ?34>6=: 3X534<: >:<541CA1<=: ;646 @A3 :2 <Y>B3:2 A4C6<:2 <9: 6;4323<56223? A?6 ?61:4 3X;43221K1=6=3 6: B:<D: =3 2A62 546Q35E4162 1<>BA1<=:23 <3226 >:<2565679: 65Z 6 >6;156B =: 3256=: 6 @A6B 65Z : 2Z>AB: ;6226=: 2:C43226U6 23 ?612 >:?: A? >3<54: 6=?1<1254651K: =: @A3 3<543;:25: >:?34>16B0J; T0. - : 1<U>1: =: 2Z>AB: hh 656B 346 A?6 >6;156B 12:B6=60 <L:4?6<:2 44612! G: 2AB 6 >6;156B 3256K6 12:B6=6 ;:4 A?6 >6=316 =3 =A<62 ;:4 54N2 =62 @A612 23 3253<=16? :2 56CAB314:2 643<:2:2 3 1<>AB5:2 1<5344:?;1=:2 ;:4 6BDA<2 K6B32 LZ45312 6: B:<D: =:2 41:2I0&S* : L1? =: 2Z>AB: hh 346? .& ?:44:2 =3 64316 >14>A<=6<=: 6 >1=6=30&SS 656B =32=3 6 2A6 >:<2515A179: 3? &S'' 3 6: B:<D: =3 54P2 2Z>AB:2 ?6<53K3 >646>534U251>62 =3 >1=6=32 >:B:<16120 : L1<6B =: 2Z>AB: hh 6 >1=6=3 432A?1623 6:2 C6144:2 =6 1=6=3 B56 3 =6 1C3146 3 65Z : 1<U>1: =: 2Z>AB: hh : 3256=: >:<51<A:A >:456=: ;:4 >6?1<F:2 =3 >644: =3 C:10 1:K6<6 61K60 0 $0015F5.- 656B&//'&'&T0 &''d0 122345679: %32546=: 3? 1P<>162 :>1612+ 3<54: =3 1P<>162 A?6<62 35462 3 4532 656B l&''dmj 3 $:6<1B2:< O3K3=:0 :0 A?6 43B315A46 =: A4C6<: 3? 656B <6 =Z>6=6 =3 .)0 &'''0 122345679: %32546=: 3? 1P<>162 :>1612+ 3<54: =3 1P<>162 A?6<62 35462 3 4532 656B l&'''mj o<D3B6 Y>16 3 3:4D3 %:4D20+0 3.:0. ! 6 >:<254A79: =3 A?6 >1=6=3 ?:=34<6 %656B &'/)&'*)+0 656B! .))(j B3<A2p60 z BAO =6 ?:=34<1O679: 6 ?:=34<1=6=3 =6 BAO! 6 1<54:=A79: =6 3<34D16 3BZ541>6 3? 656B0 <! WWWWWWW0 ;0>150 ;0/d&)(0 3429: 43K126=6 3 43=AO1=6 =6 ?:<:D46L16 =3 D46=A679: <: >A42: =3 125E416 =6 1<515AB6=6 G 6B?6 =6 >1=6=3! 6 3<34D16 3BZ541>6 3? 656B %&')S&'.)+I0 $:6<1B2:<0 ;0>150 ;0T(0 61?A<=:0 >6;156B =: 1: 46<=3 =: :453 <: 1<U>1: =: 2Z>AB: hh0 <! <DPB6 Y>16 3 3:4D3 %4D20+0 3.:0. ! 6 >:<254A79: =3 A?6 >1=6=3 ?:=34<6 %656B &/')&'*)+0 ;0&.&0 =0 C1=0 L344:K16 >416=6 3? &//T 51<F6 ;:A>: ?612 =3 &.) p? B1D6<=: 656B \ >1=6=3 =3 :K6 4AOj >:? 6 2546=6 =3 344: 3<546B =: -4621B 1<6ADA46=6 3? &')( >F3D:A 6 364N?141? 651<D1<=: 6D32 3? &'&*0&S( :1 <: ;34U:=: 43;ACB1>6<: @A3 656B D6<F:A 67H32 3L351K62 3? 23A 32;67: LU21>:0 :? 6 3;YCB1>6 6 >6;156B 5:4<:A23 >3<N41: =3 A? ;6U2 >1K1B1O6=: 3 ;:4 122: 6 <3>3221=6=3 =3 1<534K3<79:0 ?:?3<5: 43;4323<5:A 6 62>3<29: =3 A?6 3B153 ;:BU51>6 B1D6=6 \ ;4:=A79: 67A>643146 =: B15:46B @A3 53K3 >:?: ;41<>1;6B <:?3 : ?Z=1>: 3=4: 3BF: =3 BCA@A34@A3 646<F9:0 &Sd 226 3B153 ;:BU51>6 =: 1<U>1: =: 2Z>AB: hh 43;4323<56=6 ;3B6 :B1D64@A16 BCA@A34@A3 646<F9: =:?1<:A : ;:=34 3256=A6B ;:4 ?612 =3 .) 6<:2 3 L:1 2:C435A=: <: :K34<: BC345: 646<F9: %&')) 6 &')* 3 &')/ 6 &'&.+ @A3 <62>3A : 6<231: =3 546<2L:4?64 656B <A?6 >1=6=3 ?:=34<6 >:? 6 3X3>A79: =3 ?3BF:46?3<5:2 A4C6<:2 3 6 1<54:=A79: =3 1<:K67H32 5Z><1>620 ;4:Q35: 346 3@A1;64 6 >1=6=3 >:? 3B3?3<5:2 1=36B1O6=:2 ;646 A?6 >1=6=3 ?:=34<6 43DAB64 3 F1D1P<1>60 :? 6 L1<6B1=6=3 =3 ?:=34<1O64 : 32;67: ;4:Q35:A23 6 >:<254A79: =6 1=6=3 :K6&S/ >:? 5:=62 62 >646>534U251>62 =: A4C6<12?: 1<LBA3<>16=: ;3B:2 ;646=1D?62 F1D13<12562 =: 1<U>1: =: 2Z>AB: ;6226=:0&S' 3223 ;34U:=: <: 6<: =3 &'&& L:1 >416=: : C6144: =: B3>41? B:>6B >:<2515AU=: ;:4 4:76=:2 3 >6262 =3 561;6 :<=3 QN 3X12516 A? >3?15Z41: ;YCB1>: =32=3 &/S( A?6 ;4676 3=4: 0&() 2262 1<534K3<7H32 23 >646>5341O646? ;3B: 6B64D6?3<5: =3 6K3<1=62 ;:4 D46<=32 =3?:B17H32 >:<254A7H32 =3 ;64@A32 3 Q64=1<2 ;3B6 43L:4?6 3 >:<254A79: =3 ;62231:2 ;YCB1>:2 ;:4 ;:25A462 @A3 43DAB6?3<56K6? 62 >:<254A7H32 3 23A 62;3>5: 3X534<: >:? : :CQ351K: ?61:4 =3 3B1?1<64 :2 >:4517:2 6L62564 :2 ?3<=1D:2 ;4:2515A562 3 K6D6CA<=:2 =:2 D46<=32 >3<54:2&(& ;3B6 B1?;3O6 =3 4A62 C3>:2 ;46762 3 4321=P<>162 43L:4?6 325Z51>6 =62 4A62 >6B76=62 L6>F6=62 3 ?A4:2 6B1<F6?3<5:2 3 >6B76?3<5:2 =3 4A62 3<>6<6?3<5: =3 NDA6 3 32D:5: 1BA?1<679: \ DN2 6>351B3<: =3;:12 3BZ541>6 C:<=32 21253?6 =3 53B3L:<16 32>:B62 F:2;15612 >6=316 ;YCB1>6 C6<>:2 53654: >1<3?6 43>:<254A7H32 3 >:<254A7H32 =3 <:K:2 3=1LU>1:20&(. =0 C1=0 ;0 &..&.T0 L0 0 $:2Z <5e<1:0 9 :E."Q $037! : 1: 46<=3 =: :453 <6 3BF6 3;YCB1>60 656B! &''.0 %:B379: A?6<62 35462 S+0 :>6B :<=3 F:Q3 23 B:>6B1O6? :2 C6144:2 =3 354E;:B12 3 14:B0 B3<A2p60 z BAO =6 ?:=34<1O679: 6 ?:=34<1=6=3 =6 BAO! 6 1<54:=A79: =6 3<34D16 3BZ541>6 3? 656B0 <! <DPB6 Y>16 3 3:4D3 %4D20+0 ;0>150 ;0/d&)(0 C6144: =: B3>41? 53K3 23A ;34L1B =3B1<36=: 6 ;64514 =3 &'.' <6 6=?1<1254679: =: 43L315: ?64 r46=a >:? 6 3B6C:4679: =: B6<: =3 1253?651O679: ;646 3X;6<29: A4C6<6 =6 >1=6=3 ;3B: 64@A1535: 156B16<: 16>:?: 6BA?C:0 :C 6 1<LBAP<>16 =6 >AB5A46 6?341>6<6 =323<F:A A? 54676=: =3 4A62 3 6K3<1=62 B64D62 43D12546=62 >:? <Y?34:2 =3 )& 6 &.0 ? &'*& =A46<53 6 A3446 A<=16B >:? 6 1<256B679: =6 -623 6K6B : C6144: 53K3 6>3B346=: ;4:>322: =3 A4C6<1O679: 3 6A?3<5: ;:;AB6>1:<6B0 1:K6<6 61K60 0 $0015F5.- 656B&//'&'&T0;0Sd =0 C1=0 ;0&d0 ? 656B <:2 1<L:4?6 3443146 35 6B0 <62 =Z>6=6 =3 &'T) 3 &'*) 4322:6K6? KN41:2 LA<=6?3<5:2 =: A4C6<12?: 1<LBA3<>16=: ;3B:2 ;41<>U;1:2 3 5Z><1>62 26<15N4162 =: 2Z>AB: hh 3 =: 1<U>1: =: 2Z>AB: hh0 ? &'TS L:1 3B6C:46=: A? B6<: 346B =3 C462 ;3B: 32>415E41: 65A4<1<: =3 -415: 3 @A3 L:1 3X3>A56=: 3? ;6453 65Z &'T' =3 6>:4=: >:? :2 ;41<>U;1:2 26<156412562 =3 -415:&(T @A3 >:<212516? <A? 26<36?3<5: ;3<26=: =3 ?6<3146 6 >:<>1B164 ;4:Q35:2 =3 NDA6 3 32D:5:2 6 :A5462 =1?3<2H32 =6 >1=6=3 5612 >:?: : 21253?6 K1N41: :2 3=1LU>1:2 ;YCB1>:2 62 F6C1567H32 23? 32@A3>34 :2 3B3?3<5:2 325Z51>:2 2:>1612 3>:<e?1>:2 3 5Z><1>:20 B6<: 346B =3 C462 ;4:;A<F6 ?3BF:4162 ;646 62 43=32 =3 NDA6 3 32D:5:2 3 3X;6<29: =6 >1=6=3 =3 656B0 :46? >:<254AU=62 32567H32 3B3K65E4162 >6262 =3 DA64=62 3 =3 C:?C62 43234K65E41:2 =3 NDA6 >:<254A79: =: 3=1LU>1: =3 3;645179: =3 6<36?3<5: 325679: ;646 6 32546=6 =3 L344: 634:;:45: : 46<=3 :53B 35>0&(* 3226B56?:2 <6 =Z>6=6 =3 &'*) 6 >41679: =3 <:K:2 C6144:2 B:>612 QN F6C156=:2 ;:4Z? :L1>16B1O6=:2 >:?: C6144:2 <: D:K34<: ?A<1>1;6B =3 aBK1: 1O6 3=4:O60 2 C6144:2 @A3 L:46? :L1>16B?3<53 >416=:2 29:! :K6 32>:C3456 :<56 3D46 6D:6 3>6 354E;:B12 14:B 1C3146 :>62 6<5:2 312 3 "A1<5620 &(S T0T # -f # $ %&'S(&'S' R &'()&'(*+ 6 =Z>6=6 =3 &'*) :C234K623 =3 ?6<3146 D346B : 1<53<2: >432>1?3<5: LU21>: 3 ;:;AB6>1:<6B =62 >1=6=32 C4621B31462 >:<21=346=: \ Z;:>6 ;4:CB3?6 A4C6<:0 646 3>F?6< :2 ;4:CB3?62 A4C6<:2 L:46? 1<K3<56=:2 ;3B:2 ?Z=1>:2F1D13<12562 >:? 2A62 1<K3251D67H32 2:C43 :2 6D3<532 >6A26=:432 =3 3;1=3?162 ;:12 6 >1=6=3 6;3264 =3 6;4323<564 =32=3 6 2A6 &(T 46<>12>: :=41DA32 65A4<1<: =3 -415: %6?;:2 &/(* { 3B:562 &'.'+ L:1 : 3<D3<F314: 26<15641256 C4621B314: @A3 436B1O:A 6BDA<2 =:2 ?612 1?;:456<532 325A=:2 =3 26<36?3<5: CN21>: 3 A4C6<12?: 3? KN4162 >1=6=32 =: ;6U2 23<=: >:<21=346=: : ;1:<314: =6 <D3<F6416 6<15N416 3 ?C13<56B <: -4621B0 2>43K3A =1K34262 :C462 5Z><1>62 =3 26<36?3<5: @A3 L:46? 6=:56=62 <6 46<76 <DB653446 3 256=:2 <1=:20 A62 :C462 >:?;B3562 L:46? 3=156=62 6;E2 : 23A L6B3>1?3<5: ;3B: <2515A5: 6>1:<6B =: 1K4: <6 ?;43<26 6>1:<6B 3 1<>BA3? 3<543 :A54:2 K:BA?32 : |6<36?3<5: =3 6<5:2| : |6<36?3<5: =3 6?;:2| : |6<36?3<5: =3 3B:562 3 1: 46<=3| : |6<36?3<5: =3 3>1L3| |: 6<36?3<5: =3 656B| |:<54:B3 =3 <>F3<532| 3 : L6?:2: B1K4: |3 46>Z 6<156143 =32 1BB32| 3=156=: <6 46<760:1 LA<=6=:4 =: 2>415E41: 65A4<1<: =3 -415: @A3 LA<>1:<:A 65Z &'d/ @A6<=: =6 ?:453 =3 23A L1BF: 3 >:<51<A6=:4 =6 2A6 :C46 46<>12>: :=41DA32 65A4<1<: =3 -415: 1BF:0 o<D3B6 Y>16 35 6B0 ;6126D3? >416=6 ;3B: 26<36?3<5:! ;4:;:2562 ;646 656B =:2 6<:2 &'T)0 <! WWWWWWWWW 3 3:4D3 %:4D20+0 3.:0 . ! >:<254A79: =3 A?6 >1=6=3 ?:=34<6! 656B %&/')&'*)+0 ;0.&S.TT0 F55;!RRqqq0<656B04<0D:K0C4R23?A4CRC6144:20;F;0 >:<2515A179: ;4:CB3?62 43L343<532 \ 1<L463254A5A46 <9: 346 53?651O6=6 >:?: @A3259:0&(( ;E2 6 A3446 A<=16B 6 >:<2:B1=679: =32232 ;4:CB3?62 6>64435:A 6 <3>3221=6=3 =3 1<534K3<79: =: 32;67: LU21>: L6O3<=: 2A4D14 : ;B6<3Q6?3<5: A4C6<: >:?: L:4?6 =3 B3D151?679: =6 679: ;:BU51>6 2:C43 : 32;67: LU21>: =6 >1=6=30 &(d : >6?;: ;:BU51>: >:? : L1? =: 256=: :K: 3? &'*S 3 : 1<U>1: =: ;4:>322: =3 43=3?:>4651O679: ;:BU51>6 : ;6U2 ;622:A ;:4 A? ;34U:=: =3 ?A=6<762 ;:BU51>: 6=?1<1254651K620 ;E2 6 ?:453 =3 64D62 3 6 3B3179: =3 $A2>3B1<: cAC152>F3p 62 ?A=6<762 5:4<646?23 ?612 6C46<D3<5320 ;:BU51>6 <6>1:<6B=323<K:BK1?3<51256 6=:56=6 ;3B: <:K: ;4321=3<53 L3O 3?34D14 6 <3>3221=6=3 =3 ?:=34<1O64 6 >1=6=3 >:?: 2AC2U=1: 6: ;4:>322: =3 1<=A25416B1O679:0&(/ <:79: =3 =323<K:BK1?3<5: 3256K6 <6 ;:22UK3B 43:4=3<679: =6 3>:<:?16 6;:16=6 <6 679: 3L351K6 =: 256=: <: >3<N41: 3<59: >:<>3C1=: ;3B: B6<: =3 3562 =: D:K34<: =3 $A2>3B1<: cAC152>F3p0 : <6>1:<6B12?: L:4<3>3416 : 43L343<>16B ;:BU51>: ;646 A? ;4:Q35: @A3 23416 2A253<56=: ;3B: D:K34<: >:<F3>1=: 2:C43 : B3?6 GS) 6<:2 3? S0I&(' : [?C15: =62 >1=6=32 :2 6<231:2 =: ;4:D4322: 1<=A25416B1O679: 3 =323<K:BK1?3<512?: 3>:<e?1>: 6>64435646? ;4:;:2562 @A3 :CQ351K6K6? 2:BA>1:<64 :2 <:K:2 ;4:CB3?62 A4C6<:2 @A3 2A4D146? <6 =Z>6=6 =3 &'*) =6<=: :41D3? 6 <:K62 L:4?62 =3 1<534K3<7H32 <: 32;67: LU21>: =62 >6;15612 C4621B31462 1<2515A1<=: 6 ;4N51>6 =: ;B6<3Q6?3<5: A4C6<: >:?: ?31: =3 B3D151?679: =62 67H32 ;YCB1>620&d) 3223 23<51=: @A6B L:1 : ;:21>1:<6?3<5: =: 43L315: Q6B?6 646<F9: L43<53 \2 <:K62 <3>3221=6=32 A4C6<62 %: >432>1?3<5: LU21>: 3 ;:;AB6>1:<6B : 6<231: =3 1<=A25416B1O679: ;:4 ;6453 =62 3B1532 ;:BU51>62 6 679: =: ?34>6=: 1?:C1B1N41:+ @A3 2A4D16?i Q6B?6 646<F9: 3? 2A62 =A62 6=?1<125467H32 %&'S(&'S' 3 &'()&'(*+ =3?:<254:A 6 <:22: K34 ;43:>A;679: >:? 6 @A3259: A4C6<U251>6 3X3?;B: =122: L:46? :2 ;4:D46?62 =3 ;6K1?3<5679: 6 1<256B679: =3 <:K:2 ?34>6=:2 ;YCB1>:2 : 3?C3B3O6?3<5: 3 64C:41O679: =3 ;46762 6 >:<254A79: =3 A? -:2@A3 A<1>1;6B %&'S(+ 6 >41679: =3 A? <:K: E=1D: =3 C462 =: A<1>U;1: %&'S(+ 3 6 :C345 :232 :C3450 A4C6<: L:46 =: BAD64i 46<2L34P<>162 3 546=A7H32 =62 1=Z162 A4C6<U251>62 <:2 6<:2 .)0 <! WWWWWWWW 3 - A1O Z264 =3 "A314:O %:4D20+0 50 ;0TT&0 64:B1<3 35 6B0 ?6 >1=6=3 23? ;B6<:2i 3259: 3 67H32 ;YCB1>62 3? 656B %&'T'&'(d+0 <! o<D3B6 Y>16 3 3:4D3 %:4D20+0 3.:0. ! 6 >:<254A79: =3 A?6 >1=6=3 ?:=34<6 656B %&'/'&'*)+0 ;0 .Sd0 =0 C1=0 ;0 .S'0 $- ZB1:0 - 3 : =323<K:BK1?3<5: <6>1:<6B0 <! 61: 6K644: =3 %:4D0+0 C0 0. $0 G 0 ;0T&T.0 L0 A1=:0 $0 0 /03=0 354E;:B12! =15:46 :O32 354E;:B12 &''S0 6;U5AB: )&! <6>1:<6B=323<K:BK1?3<512?:0 64:B1<3 35 6B0 ?6 >1=6=3 23? ;B6<:2i 3259: 3 67H32 ;YCB1>62 3? 656B %&'T'&'(d+0 <! o<D3B6 Y>16 3 3:4D3 %:4D20+0 3.:0. ! 6 >:<254A79: =3 A?6 >1=6=3 ?:=34<6 656B %&'/'&'*)+0 ;0 .Sd0 41679: =: :<23BF: A<1>1;6B =3 B6<3Q6?3<5: 3 4C6<12?: %31 <0 (d. =3 .* =3 Q6<314: =3 &'Sd+0&d& 3<54: =: ;4:;E215: <6>1:<6B =3 3254A5A464 3 ?:4=3<1O64 6 >1=6=3 K126<=: 6 1<=A25416B1O679: : 43L315: 6=:5:A A?6 2Z413 =3 ?3=1=62 >:? : 1<5A15: =3 3X;6<=14 6 1<L46 3254A5A46 3X1253<53 ;646 :A54:2 C6144:2 6546KZ2 =3 ;:BU51>62 F6C156>1:<612 6C345A46 =3 4A62 3 6K3<1=62 >41679: =3 32;67:2 =3 B6O34 35>0 ;,;,(? --- ?- 2 646 6 436B1O679: =62 67H32 =6 43L315A46 ;41?3146?3<53 F:AK3 6 <3>3221=6=3 =3 43:4D6<1O64 :2 23A2 234K17:20 ?6 =62 ;41?31462 ?3=1=62 6=:56=62 ;:4 Q6B?6 646<F9: L:1 6 43L:4?6 6=?1<1254651K6 =: A<1>U;1:&d. >:? : :CQ351K: =3 43DAB641O64 :2 234K17:2 =6 43L315A460 3 6>:4=: >:? : =3;:1?3<5: =: 6=K:D6=: :C345: A456=: <6 Z;:>6 3>435N41: =3 3DE>1:2 <534<:2 3 $A4U=1>:2 65Z &'S( 6 43L315A46 <9: ;:22AU6 A?6 :4D6<1O679: 6=?1<1254651K6 3 =:2 234K17:2 ;43256=:2 \ ;:;AB679:0 5Z 6@A3B6 Z;:>6 3X12516 A?6 3254A5A46 L:4?6B =3 546C6BF: <: ?A<1>U;1: ?62 3B6 346 ;:A>: 3L1>13<53 3X12516? :2 E4D9:2 ?62 <9: 3X12516 6 3254A5A46 ;646 : LA<>1:<6?3<5: =:2 ?32?:20 X12516 A? D6C1<353 ?62 <9: 3X12516 A? D6C1<353 @A3 653<=3223 ;:4 3X3?;B: :2 :LU>1:2 =: ;43L315:0&dT :4?6B?3<53 6 3254A5A46 346 ;3@A3<6 3 <6 ;4N51>6 <9: LA<>1:<6K60 43L315A46 3256K6 ?:<56=6 6;3<62 >:? A?6 23>4356416 6 =3 3DE>1:2 <534<:2 3 $A4U=1>:2 >:?: Y<1>: E4D9: >3<546B1O6=:4 =3 5:=62 62 651K1=6=320 3226 3>4356416 3256K6? 2AC:4=1<6=62 @A654: =1435:4162! C462 1<6<762 6Y=3 3 22125P<>16&d* :>A?3<5679: 3 AB5A460 2262 1<1>1651K62 234K146? >:?: C623 ;646 6 3B6C:4679: 3? &'(d =: B6<: 4C6<U251>: 3 =3 323<K:BK1?3<5: =3 656B =3 6A5:416 =: 64@A1535: $:4D3 k1BF31? ?:?3<5: 3? @A3 FN 6 1<2515A>1:<6B1O679: =: ;B6<3Q6?3<5: A4C6<: 3? 656B0 % 64:B1<3 35 6B0 ?6 >1=6=3 23? ;B6<:2i 3259: 3 67H32 ;YCB1>62 3? 656B %&'T'&'(d+0 <! o<D3B6 Y>16 3 3:4D3 %:4D20+0 ;0>150 ;0.Sd+0 >L0 - 26 6AB6 ,0 10. . - A? 325A=: 2:C43 62 6=?1<125467H32 ?A<1>1;612 =3 Q6B?6 646<F9: %&'S(&'S'R&'()&'(*+0 :C345: A456=: 3? 3<543K1256 >:<>3=1=6 \ 6A5:46 3? &' =3 ?61: =3 .))T0 26Y=3 ;YCB1>6 346 =3 >:?;35P<>16 =: 256=: 6 43L315A46 51<F6 A? ;4:D46?6 3X>BA21K: ;646 653<=1?3<5: =3 LA<>1:<N41:20 646 56<5: : ;:=34 ?A<1>1;6B >:<56K6 3? 23A @A6=4: LA<>1:<6B >:? A? ?Z=1>:! 40 A1O <5e<1: =:2 6<5:2 1?60 3B3 >:?;3516 ;432564 622125P<>16 6:2 234K1=:432 ?A<1>1;612 3 2A62 L6?UB162 <: [?C15: =3 2A6 32;3>16B1O679:0 %:C345: A456=: 3? 3<543K1256 >:<>3=1=6 \ 6A5:46 3? &' ?61: .))Tj f 656B &) 6D:0 &'S(+0 546KZ2 =: 3>435: A<1>1;6B <n T.' =3 .S =3 Q6<314: =3 &'S(&dS Q6B?6 646<F9: 6=:5:A 6 3L:4?6 =?1<1254651K6 >:? 6 1?;B3?3<5679: =62 23DA1<532 ?3=1=62! ?6<A53<79: =6 30 <:7 C0 H.$j >41679: =3 =A62 <:K62 23>43564162! 6 B59 3 6 5S >41679: =6 >F3L16 =3 D6C1<353 >:? 2565A2 =3 23>4356416j 3254A5A4679: 3 L:4<3>1?3<5: ;646 >:<=17H32 =3 LA<>1:<6?3<5: =62 =1435:4162 QN 3X1253<532j >41679: =3 2353 =1435:4162 2AC:4=1<6=62 6 3>4356416 =3 3DE>1:2 <534<:2! =1435:416 =3 X;3=13<53 =1435:416 =3 322:6B =1435:416 =: 3654: 64B:2 :?32 =1435:416 =: 4@A1K: 3 6 =1435:416 =6 :<2AB5:416 $A4U=1>60 :? 62 ?3=1=62 6=:56=62 : ;43L315: ;622:A 6 >:<564 >:? @A654: 6AX1B16432 =1435:2! :2 23>435N41:2 =3 3DE>1:2 <534<:2 3 $A4U=1>:2 =3 1<6<762 =3 1679: 3 C462 3 : F3L3 =3 6C1<3530 : 6<: 23DA1<53 L:1 6>432>3<56=6 \ 3254A5A46 6=?1<1254651K6 =6 43L315A46 6 1435:416 =3 <21<: A<1>1;6B ;:4 ?31: =6 31 <n (*/ =3 )/ =3 Q6<314: =3 &'Sd @A3 L1>6416 2AC:4=1<6=6 6 3>4356416 =3 3DE>1:2 <534<:2 3 $A4U=1>:2 3 >:<56416 3? 2A6 3254A5A46 >:? A? 1435:4 3 A? 22322:4 Z><1>: A<1>1;6B0 <21<: YCB1>: A<1>1;6B 1<1>16B?3<53 L:1 3L351K6=: 3? A? 4:D46?6 =3 2>:B1<F62&d(0 ;,;,6-@/A-C 2 1<534K3<7H32 A4C6<U251>62 <6 >1=6=3 =3 656B =3?:<2546K6? @A3 : 43L315:3256K6 65A6B1O6=: >:? :2 ?31:2 6=?1<1254651K:2 3 >:? 62 ;43:>A;67H32 A4C6<U251>62 =: ;34U:=:0 Q6B?6 646<F9: 3B6C:4:A A?6 679: 21253?651O6=6 2:C43 : 32;67: LU21>: =6 >1=6=30 2 f 656B .d =3 QAB0j )&)S 3 &) =3 6D:0 &'S( 4:D46?6 =3 2>:B1<F62 L:1 1=36B1O6=: ;3B: ;43L315: Q6B?6 646<F9: 3 : 23A F3L3 =3 6C1<353 <6 Z;:>6 :6>a4 =3 E320 ;41?3146 L623 =: 3<21<: ?A<1>1;6B =3 6BL6C351O679: =656 =6 ;41?3146 6=?1<1254679: =3 Q6B?6 646<F9: %&'S(&'S'+ 3 L:1 435:?6=6 B:D: 3? &'(&l000m0 l646 : LA<>1:<6?3<5: =62 32>:B1<F62m 6 43L315A46 A51B1O6 26B62 >3=1=62 ;3B6 >:?A<1=6=3 D465A156?3<53 3 6U 1<256B6 A?6 >B6223 =3 6BL6C351O679:0 2 =32;3262 =6 43L315A46 29: A? ;3@A3<: ;646 6 G;4:L322:41<F6Ij ?653416B =1=N51>: =:6=: 6:2 6BA<:2j 5:2>62 >64531462 L6C41>6=62 <6 >64;1<56416 ?A<1>1;6B 3 A53<2UB1:2 ;646 234K14 6 ?343<=6 @A3 Z L:4<3>1=6 ;3B: 0 6B62 NDA6 3 3<34D16 3BZ541>6 29: >:<541CA17H32 =3 21<=1>65:2 1D43Q62 >BAC32 622:>167H32 =3 C6144:2 =3 L:B>B:43 3 65Z 4321=P<>162 ;6451>AB6432 3 >1<3?62 @A3 6C41D6? 32262 >B62232 =3 6BL6C351O679:0 % :6>a40 0 &'()'*'()+,- A?6 32>:B6 =3?:>4N51>60 ;0d)+0 :D: <: 1<U>1: =: ;4:D46?6 62 32>:B1<F62 L:46? 1<256B6=62 <62 23DA1<532 B:>6B1=6=32! A6 $A<=1N2 &./ %64462>:+j A6 9: $:4D3 %3=3 =: 1: 46<=3 A53C:B BAC3 :>62+j A6 6<5: <5e<1: %3=3 =: 46;A6< A53C:B BAC3 "A1<562+j A6 =:2 616<6O32 %3=3 =6 <19: =:2 34K1=:432 YCB1>:2 =: B3>41?+j A6 N41: 146 %3=3 =:2 ?;346=:432 =: 6?C6 "A1<562+j A6 9: $:2Z .(( %3=3 =3 6?;B1L1>6=:432 9: $:2Z "A1<562+j K0* %3=3 =6 ?;B1L1>6=:46 4AO314: =: AB -6144: =6 :<>3179:+j -6144: =3 :K6 32>:C3456j A6 A>62 -1>6BF: '/ %:>62+j A6 =:26 6<1<=Z2 &T&/ %B3>41?+j 4A6 3B0 253K6? &d.. %B3>41?+j A6 =6 A6 TT %3=3 =:2 44A?6=:432 =62 :>62 =: :45: %:>62+j 4A6 4321=3<53 62>643<F62 ((/ %B3>41?+j 4A6 .S =3 ?647: (S %"A1<562+j 4A6 3B0 253K6? &(Td %B3>41?+ 3 :>6B1=6=3 =3 1A?0 % }- 656B .T QA<0 &'Sd+0 / ".$ ;ACB1>6=:2 <: $:4<6B =3?:<2546? @A3 ;6453 =: :476?3<5: =6 43L315A46 346 =3251<6=: \ ;6K1?3<5679: 3 3?;B6>6?3<5: =3 4A62 6BZ? =3 :A5462 :C462 ?612 6?;B62 =3 A4C6<1O679: 5612 >:?: 6 >41679: =: -:2@A3 A<1>1;6B 6 1<256B679: =3 <:K:2 34>6=:2 YCB1>:2 6 >:<254A79: =3 D6B34162 ;BAK1612 <:2 C6144:2 =6 1C3146 =3 354E;:B12 3 =: 14:B ;646 3K1564 : 6B6D6?3<5: =3 K162 ;YCB1>62 : >6B76?3<5: =3 4A62 3 6K3<1=62 : 3?C3B3O6?3<5: 3 64C:41O679: =62 ;467620 3 >A<F: 2:>16B 32232 ;4:D46?62 K126K6? : =323<K:BK1?3<5: 3>:<e?1>: =6 >6;156B 1<>BA1<=: : =323<K:BK1?3<5: =:2 C6144:2 ;:;AB64320 6 ;41?3146 6=?1<1254679: 6 ;43L315A46 <9: ;:22AU6 6A5:<:?16 6=?1<1254651K6 3 L1<6<>3146 : @A3 =1L1>AB56K6 6 5:?6=6 =3 @A6B@A34 1<1>1651K6 23? : 6K6B =: D:K34<: =: 256=:0 ;B6<3Q6?3<5: 3 6 1?;B3?3<5679: =3 :C462 3? B:<D: ;46O: ;:4 3X3?;B: ;:4 ;6453 =6 43L315A46 346 3X543?6?3<53 =1LU>1B0 6B 215A679: 6;643>16 >:?: A? :C25N>AB: \2 67H32 =6 43L315A46 <6 ?3=1=6 3? @A3 62 :C462 3X1D16? 43>A42:2 1<=12;:<UK312 <: ?A<1>U;1:0 :=6K16 646<F9: 3? 23A ;41?314: D:K34<: ;4:>A4:A 21<5:<1O64 23A =12>A42: <151=6?3<53 L6K:4NK3B 6: <6>1:<6B12?: \2 67H32 ;:22UK312 =3 2343? 436B1O6=620 3223 23<51=: ;4:?:K3A >6?;6<F62 ;:;AB6432 B3K6<=: 6 ;6451>1;679: =6 ;:;AB679: <:2 ;4:D46?62 =3 ;6K1?3<5679: >6B76?3<5: =3 4A62 3 >6B76=62 3 =3 64C:41O679: <: ;4:D46?6 =3 3=A>679: 1<>3<51K: 6: 5A412?: B:>6B 35>0 5Z &'S( <9: F:AK3 ;:4 ;6453 =6 43L315A46 =3 656B 67H32 3L351K62 3? 43B679: 6: 5A412?: <6 >6;156B0 Q6B?6 646<F9: 6;:<56<=: ;646 62 C3B3O62 <65A4612 =6 >1=6=3 3 1<>3<51K6<=: 6 ;4N51>6 =: 5A412?: >41:A <3223 ?32?: 6<: : :<23BF: A<1>1;6B =3 A412?: 3 >:? : 6;:1: =: D:K34<: =: 256=: 2:C 6 B1=346<76 =3 1<6453 641O 436B1O:A 62 :C462 =: 34:;:45: ADA25: 3K34: 23<=: 1<6ADA46=: 3? &'S' 3 : -:2@A3 A<1>1;6B =3 656B <A? >:<KP<1: 3<543 6 43L315A46 3 : 1<125Z41: =6 D41>AB5A460 1<=6 L:46? 436B1O6=:2 ;4:Q35:2 =3 A? F:53B =3 &S ;6K1?3<5:2 =: 6BN>1: =62 3>43564162 =: :K34<: 3 A? ;B6<: =3 A? <:K: 54676=: A4C6<U251>: ;646 656B0&dd z Z;:>6 =1KABD:A23 6 1<53<79: =6 >:<254A79: =6 16 :253146 @A3 23416 A? L:453 654651K: 5A4U251>:0 ? =3;:1?3<5: :C345: A456=: <:2 43B65:A! Q6B?6 L3O : ;4:Q35: =6 4:=:K16 =: >:<5:4<: 1<>BA1<=: 6 16 :2531460 4:=:K16 =: :<5:4<: 1416 ;3B6 16 :253146 K:B56K6 ;:4 :<56 3D46 ;6226<=: 56?CZ? ;3B6 -623 6K6B0 G:Q3 3226 6K3<1=6 261 <6 2546=6 =3 64:B1<3 35 6B0 ?6 >1=6=3 23? ;B6<:2i 3259: 3 67H32 ;YCB1>62 3? 656B %&'T'&'(d+0 <! o<D3B6 Y>16 3 3:4D3 %:4D20+0 3.:0. ! 6 >:<254A79: =3 A?6 >1=6=3 ?:=34<6! 656B %&/')&'*)+0 ;0.(S0 344: K3? C3146<=: : 41: 3 ;6226 ;3B: 6B3216<:I0 ;4:Q35: =3 Q6B?6 346 ;62264 3? L43<53 C3146<=: : 41: 65Z 3<>:<5464 :A546 6K3<1=6 ;646 L6O34 6 >14>AB679: 5:=6 =3 656B0 <6 .M D3259: Q6B?6 1<1>1:A 6 16 :253146 65Z : L64:B0 46 A?6 32546=6 =3 C644:0 C41A 6 ;64514 =6 16 :253146 : ;4:Q35: 346 L6O34 :<56 3D46 >:?: Z F:Q3 ?62 : ;4:Q35: <9: L:1 K16C1B1O6=: 3<59: 6C41A ;646 : B6=: =3 93AUO6 2AC1<=: 65Z : L64:B L6O3<=: : >14>A15:0&d/ 3<54: =: ;4:;E215: =3 2A6 ;:BU51>6 <6>1:<6B1256 Q6B?6 646<F9: 6=:5:A ?3=1=62 @A3 43LB3516? : ;3<26?3<5: ;:BU51>: =6 Z;:>6 3? [?C15: <6>1:<6B =3 =323<K:BK1?3<5: =: ;6U2 :CQ351K6<=: 5:4<NB: A? ;6U2 1<=A25416B1O6=:0 3223 23<51=: :C234K623 6 1<53<79: =: ;43L315: =3 3254A5A464 3 ?:=34<1O64 6 >1=6=3 >:? K12562 \ 1<=A25416B1O679: 3X;6<=1<=: 6 1<L46 3254A5A46 =6 >1=6=3 ;646 5:=6 N436 A4C6<6 C6144:2 =62 :>62 354E;:B12 B3>41? 14:B 3 B:>6B1=6=32 ?612 6L6256=62 =: >3<54: >:?: :<56 3D46 3 64<6?141? ;:4 122: 6 6C345A46 =3 4A62 >6B76?3<5: =: 21253?6 K1N41: ?3BF:4162 =3 ;62231:2 ;YCB1>:2 64C:41O679: =3 ;46762 >:<254A79: =3 @A6=462 ;646 6 ;4N51>6 =3 32;:4532 ;64@A32 1<L6<512 1<54:=A79: =3 1BA?1<679: ;YCB1>6 >:<254A79: =3 <:K:2 ?34>6=:2 ;YCB1>:2 =3 <:K:2 >3?15Z41:2 ;:25:2 ?Z=1>:2 35>0 :?: <:2 ?:2546 6 ?65Z416 =: $:4<6B 546O3<=: 6 23DA1<53 <:5U>16! GB6<1L1>679: =?1<1254651K6 ?A<1>U;1: >6?1<F6 ;:4 A?6 32546=6 ;43K16?3<53 54676=6 B6<:2 =: 43L315: Q6B?6 646<F9:0 :Q3 <9: 23 >:?;433<=3 A? D:K34<: 23? ;B6<3Q6?3<5:0 ?6 6=?1<1254679: @A3 6D3 \2 5:<562 <9: Z D:K34<: Z =32D:K34<:0I =3<54: =:2 ;B6<:2 =6 43L315A46 A?6 2Z413 =3 :C462 L:1 23<=: 3X3>A56=6 =A46<53 6 ;41?3146 6=?1<1254679: >:?: 6 >:<254A79: =:2 34>6=:2 =62 :>62 3 64<6?141? >:<254A79: =: -:2@A3 A<1>1;6B %65A6B 1=6=3 =6 416<76+ <6 6D:6 6<:3B 3B1;3 =6 B6K6<=3416 <: -6144: =62 "A1<562 ;6K1?3<5679: =6 32546=6 =3 64<6?141? 3? >:B6C:4679: >:? 6 -623 3436 3 : 3;6456?3<5: 6>1:<6B =3 2546=62 3 :=6D3? ;6K1?3<5679: =3 4A62 ;4EX1?62 \ -623 6K6B 3 6 1B6 =6 641<F6 3X3>A79: =6 B6<56 6=62546B =6 >1=6=3 3?;B6>6?3<5: =3 4A62 3 6K3<1=62 >:<254A79: =3 D6B34162 ;BAK1612 <:2 C6144:2 =6 1C3146 354E;:B12 3 14:B 3?C3B3O6?3<5: =3 ;46762 3 B:D46=:A4:2 ;YCB1>:2 1<256B679: =6 A64=6 A<1>1;6B =: ;:25: ?Z=1>: <: -6144: =3 :<56 3D46 >:<>BA29: =6 2546=6 =6 3=1<F60 &d' ;4:D46?6 =3 ;6K1?3<5679: 3B6C:46=: 3 3X3>A56=: ;3B6 6=?1<1254679: =3 Q6B?6 646<F9: 53K3 L:453 43;34>A229: <6 1?;43<26 B:>6B @A3 L6O16 43L34P<>162 6: GB6<: Q6B?6 646<F9:I!1<53 3 4P2 4A62 %<:?1<6B?3<53 >156=62 3259: 23<=: >6B76=62+ G;B6<: Q6B?6 646<F9:I 21D<1L1>6<=: @A3 : G4:;4135N41: =N 6 3=46 3 6 43L315A46 ?9:=3:C46I 325N L46<>6?3<53 K15:41:2:0 <515AB6=: 0/ / 10. ** L:1 :C345: A456=: 3? 3<543K1256 >:<>3=1=6 \ 6A5:46 3? &T =3 ?61: =3 .))T0 $:4<6B 656B )& QAB0 &'S(0 >:<21=346=: A?6 D46<=3 1<:K679: <:2 ?Z5:=:2 =3 546C6BF: =6 ;43L315A46 3 >:<5:A >:? L:453 ;6451>1;679: =6 ;:;AB679:0 546KZ2 =3223 ;4:D46?6 6 ;43L315A46 >:<23DA1A ;6K1?3<564 3? >A45: ;46O: KN4162 4A62 =3 656B0 $:4<6B <:51>16 6 ?65Z416 >:? 23DA1<53 ;34DA<56! G @A3 Z : ;B6<: Q6B?6 646<F9:iI ;4:223DA3! 22: <9: 29: 6;3<62 ;6B6K4620 612 A?6 K3O <3256 ;ND1<6 ;4:K6?:2 >:? L65:20 6?:2 >1564 62 4A62 @A3 QN 3259: ;6K1?3<56=62 3 62 N4362 :<=3 :2 234K17:2 23 3<>:<546? 3? 6<=6?3<5: 3 @A3? <9: 6>43=1564 @A3? L:4 >:? 9: :?Z @A3 KN K34 :BF3 3 <:2 >:<L14?30 A62 =3 ;6K1?3<5679: QN >:<>BAU=6! &+ 646<Q3146j .+ B3X6<=41<: =3 B3<>64 %543>F: 3<543 6 ?64: -64435: 3 6 3B0 253K6?+j T+ ;6<3?6j *+ N41: 3DE>1: %543>F: 1<1>16=: <6 K0T+j S+ 40 $:9: F6K32j (+?6 4A6 ;4:Q356=6 61<=6 23? <:?3 ;4EX1?: 6 K0 6LZ 1BF:j d+ f412j /+ 6<:3B 6<5620 A62 :<=3 : >6B76?3<5: L:1 43;:25: 3? >:<23@sP<>16 =3 234K17:2! '+ X;3=1>1:<N41: $:2Z 643B6j &)+ 431 1DA3B1<F: A62 @A3 3259: 23<=: ;6K1?3<56=62! &&+ ? 543>F: =6 .S =3 3O3?C4:j &.+ 4676 $:9: 1CY4>1:j &T+ 6<1B:j &*+ -:4C:43?6j &S+ :4:<3B 253K6? %543>F: 3<543 B3X6<=41<: =3 B3<>64 3 K0 &+j &(+ 646512 %K0 &.+j&d+ 34?32 =6 :<23>6j &/+ 3:=:4: %2AC1=6 =: -6B=:+j &'+ B3?3<51<: [?646j .)+ 61<6O32 %K0 &)+j .&+ :=41DA32 BK32 %543>F: 3<543 $A<=16U 3 6 ;:=1+0 &/) :?: : ;4E;41: ;4:D46?6 2AD343 :2 43>A42:2 ;646 6 ;6K1?3<5679: =62 4A62 346? :C51=:2 ;3B6 ;64>3416 3<543 ;43L315A46 3 ?:46=:4320 ;43L315A46 L1<6<>16K6 6 ?9:=3:C46 3 : ?653416B ;646 L1X679: =62 ;3=462 <: 2:B: : ?:46=:4 >A2536K6 6 >:?;46 =62 ;3=4620 :2 BAD6432 ?612 ;:C432 :<=3 :2 ?:46=:432 <9: 51<F6? 43>A42:2 <3? ;43L315A46 51<F6 :476?3<5: ;646 62 :C462 62 4A62 346? ;6K1?3<56=62 >:? C644:0 3DA1A23 6 43K129: =6 <:?3<>B65A46 =62 4A62 3 6 1<54:=A79: =3 A?6 <:K6 21<6B1O679:0 3DA<=: : =3;:1?3<5: =3 :C345: A456=: <6 Z;:>6 3>435N41: =3 3DE>1:2 <534<:2 3 $A4U=1>:2 =6 43L315A46 Q6B?6 646<F9: 1<1>1:A <6 ;41?3146 6=?1<1254679: KN4162 :C462 =3 ;6K1?3<5679: 3 6C345A46 =3 4A62 3 6K3<1=62 ;:12 6 >1=6=3 2E 346 62L6B56=6 <6 ;6453 @A3 23 >F6?6K6 ;1256 :A 23Q6 G6@A3B3 32;67: <6 K3<1=6 34?32 =6 :<23>6 =: 634:;:45: l3? 64<6?141?m 65Z ;345: =6 4676 3=4: 3BF:0 46 : Y<1>: 62L6B5:I0 &/& 6 =Z>6=6 =3 &'*) L:1 >:<254AU=6 6 ;41?3146 32546=6 =3 62L6B5: =3 656B 6 64<6?141? :6= A? 3?;433<=1?3<5: <:4536?341>6<: 3 L1>:A >:<F3>1=6 ;:;AB64?3<53 ;:4 G;1256I0&/. =0 C1=0 :C345: A456=: 3? 3<543K1256 >:<>3=1=6 \ 6A5:46 3? &T =3 ?61: =3 .))T0 A12 =6 [?6460 @07<0 0 656B! &'''0 ;0*.T*.*0 BNK16 =3 N0 0.0.! >64<6K6B 3 >:51=16<: =3 DA3446 3? 656B! &'.)&'*S0 656B! A5462 1<534K3<7H32 L:46? 436B1O6=62 >:?: 6 >:<254A79: 3 1BA?1<679: =3 B:D46=:A4:2 6 1BA?1<679: =3 4A62 3 ;46762 ;YCB1>62 >:?: ;:4 3X3?;B: 62 ;46762 30 $:9: 6416 $:9: 1CY4>1: 64B:2 :?32 3<51B 3443146 3 :A54620 ;41?3146 6=?1<1254679: =3 Q6B?6 646<F9: ;41:41O:A ;4:Q35:2 =3 622125P<>16 \ ;:;AB679: 3 >:<5:A >:? 6 ;6451>1;679: =3256 : @A3 6B16=: 6: ?:?3<5: ;:BU51>: =: ;34U:=: >:<541CA1A ;646 6 2A6 3B3179: ;646 : 23DA<=: ?6<=65: >:? 43L315: =6 >1=6=3 =3 656B0 ? 656B 3223 ;34U:=: 56?CZ? L:1 ?64>6=: ;3B6 >:<2:B1=679: =3 1<:K67H32 53><:BED1>62 3 ;3B6 3?34DP<>16 =3 A? ?34>6=: 1?:C1B1N41:0 $A<56?3<53 >:? 6 ;6K1?3<5679: =3 4A62 3 6K3<1=62 >:<254A79: 3 43L:4?6 =3 ;62231:2 ;YCB1>:2 3 :A54:2 3?;433<=1?3<5:2 K1346? 6 6?;B1679: =6 43=3 3BZ541>6 =: 21253?6 K1N41: >:? 6 1<54:=A79: =3 e<1CA2 3BZ541>:2 =: 21253?6 =3 53B3L:<16 >:? :2 ;41?314:2 53B3L:<32 ;YCB1>:20 2262 ?A=6<762 1?;AB21:<646? 651K1=6=32 <: >3<N41: A4C6<: >:?: 6 651K1=6=3 5A4U251>6 >:<212516 3? 654651K:2 ;646 6 1<=Y25416 >:<2:B1=679: =3 <:K:2 C6144:2 K6B:41O679: =: 2:B: A4C6<: <:4?6B1O679: =6 F6C15679: 3 6 1<53<21L1>679: =: ?34>6=: 1?:C1B1N41:0 z @A3259: F6C156>1:<6B Q6B?6 646<F9: =321D<:A A?6 >:?1229: >::4=3<6=6 ;3B: 3<D3<F314: <5e<1: 3Q: 3 ;3B: 64@A1535: 416B=: 1<5: >:? 6 L1<6B1=6=3 =3 3B6C:464 A? <:K: >E=1D: =3 :C462 ;646 : ?A<1>U;1: =3 656B0 <L:4?6K6 6 1?;43<26 B:>6B! 65A6B B31 @A3 43DAB6 62 >:<254A7H32 =3 <:226 >1=6=3 =656 =: 6<: =3 &')* ;:4 >:<23DA1<53 >:?;B356?3<53 =3265A6B1O6=6 125: Z 23? 653<=34 \2 <3>3221=6=32 =: ;4:D4322: 64@A1535e<1>: =3 A?6 >1=6=3 ?:=34<6 >:?: Z 656B0 6<5: Z @A3 62 65A612 >:<254A7H32 @A3 23 34DA3? <6 ?354E;:B3 ;:51DA64 <9: 23 3<@A6=46? 3? 6C2:BA5: <62 <:4?62 64@A1535e<1>62 6=:56=62 <:2 D46<=32 >3<54:20 @A3 23 KP ;:456<5: 29: K34=6=314:2 ?:<2543<D:2 2A4D1<=: <: ;6<:46?6 A4C6<U251>: =6 >1=6=30&/T 3DA<=: 6<562 35 6B 6 3?34DP<>16 =: ?34>6=: 1?:C1B1N41: 3? 656B C3<3L1>1:A 56<5: 6 1<1>1651K6 ;41K6=6 @A6<5: :2 >:L432 ;YCB1>:2 ?A<1>1;612 ;:12 6 ?61:416 =62 534462 3X1253<532 346 =3 ;4:;413=6=3 =6 43L315A460 G ?:?3<5: =3 1<53<21L1>679: =:2 B:536?3<5:2 3? 656B >:1<>1=3 >:? : ;34U:=: =3 436B1O67H32 6 >64D: =6 6=?1<1254679: ?A<1>1;6B ;646 :<=3 346 43K3451=6 6 6443>6=679: :C51=6 ;3B6 K3<=6 3 6L:46?3<5: =:2 53443<:2 =: ?A<1>U;1:I0 :? 6 .))S0;0&((&(d0 $:4<6B 656B .) QAB0 &'Sd0 6A5:41O679: =6 43L315A46 =1223?1<646?23 B:536?3<5:2 ;:4 5:=6 6 >1=6=3 =3 656B 6>644356<=: 6 >41679: =3 <:K:2 C6144:2 ?A1562 K3O32 23? 1<L463254A5A46 6=3@A6=60&/* BDA<2 B:536?3<5:2 346? >:?34>16B1O6=:2 ;3B6 ;4E;416 ;43L315A46 3 : C6144: =3 93 AUO6&/S L:1 A? 3X3?;B: =3226 K6B:41O679: 3 1<53<21L1>679: =: ?34>6=: 1?:C1B1N41:0 ;4:;6D6<=6 =6 ;43L315A46 L6O16 43L34P<>16 6: C6144: >:?: 6 >1=6=3265ZB153! G62>3 A?6 >1=6=3 3<543 656B 3 :<56 3D46 93 AUO6 1=6=3 65ZB153 B6<53 23A =1<F314: >:?;46<=: \ K1256 :A \ ;46O:0 <L:4?67H32! 43L315A460 612 A?6 1<1>1651K6 =: 43L315: Q6B?6 646<F9:0I&/( 3 6>:4=: >:? 6 1?;43<26 B:>6B 6 K3<=6 =:2 B:532 23416 =3251<6=6 6 >:<254A79: =: 25N=1: BU?;1>: 3 =: 34>6=: =62 :>620&/d ? &'() =:12 ;4:Q35:2 =3 B31 =3 6A5:416 =3 Q6B?6 646<F9: L:46? 6;4323<56=:2 \ [?646 3=346B ;3B: ?32?:&//0 ;41?314: 2:C43 6 >:<254A79: =3 A?6 :=:K1N416 3 <6 Z;:>6 : :<D4322: 6>1:<6B 6A5:41O:A : >4Z=15: =3 &) ?1BFH32 =3 >4AO314:2 6546KZ2 =: 3;6456?3<5: 6>1:<6B =3 2546=62 =3 :=6D3?0 656B <9: ;:22AU6 A?6 :=:K1N416 3 3? 2A6 QA251L1>651K6 Q6B?6 646<F9: 3X;B1>156 @A3 >:? : 6A?3<5: ;:;AB6>1:<6B 6;E2 6 A3446 A<=16B : 235:4 =3 546<2;:453 L:46 : @A3 ?612 >432>3460 :A54: 4:Q35: QA<5: 6: 1<125Z41: =6 D41>AB5A46 6546KZ2 =: 234K17: LB:43256B 23416 ;646 6 L1X679: =3 =A<62 3 ?:44:2 >14>A<=6<532 =6 >1=6=3 =3 656B&/' g KNB1=: 43226B564 @A3 6;3264 =: 6>3B346=: >432>1?3<5: LU21>: =6 >1=6=3 3 =3 23A ;4:>322: =3 A4C6<1O679: <9: F:AK3 67H32 3L351K62 <: 23<51=: =3 ;4:?:K34 :413<564 3 >:<54:B64 6 3X;6<29: =6 >1=6=3 ;:4 ;6453 =6 43L315A460 1<=6 3256K6 3? K1D:4 : B6<: 346B =3 1253?651O679: =3 &'.' B3D12B679: 43254156 6: 54676=: A4C6<: =6 >1=6=30 <54356<5: Q6B?6 646<F9: 1<>3<51K:A 6 >41679: =3 A? :<23BF: A<1>1;6B =3 B6<3Q6?3<5: 3 4C6<12?: @A3 23416 A? E4D9: >:<2AB51K: =6 6=?1<1254679: ?A<1>1;6B >:?;:25: ;:4 ;4:L1221:<612 32;3>16B1O6=:2 53<=: >:?: L1<6B1=6=3 6 3B6C:4679: 3 6 43DAB6?3<5679: =3 A?6 B3D12B679: @A3 ;41K1B3D16223 :2 62;3>5:2 A4C6<U251>:2 =6 >1=6=3 =6<=: 6 656B A?6 1=3<51=6=3 A4C6<U251>6 ;4E;4160 &') 3 6>:4=: >:? 6<562 35 6B 64:B1<3 35 6B0 ?6 >1=6=3 23? ;B6<:2i 3259: 3 67H32 ;YCB1>62 3? 656B %&'T'&'(d+0 <! o<D3B6 Y>16 3 3:4D3 %:4D20+0 3.:0. ! 6 >:<254A79: =3 A?6 >1=6=3 ?:=34<6! 656B %&/')&'*)+0 6<562 ;0.((0 93 AUO6 L:1 :L1>16B1O6=: >:?: C6144: 3? &'S/ ;3B6 31 <n d'* =3 .T =3 Q6<314: <6 6=?1<1254679: ?A<1>1;6B =3 Q6B?6 646<F9:0 $:4<6B 656B && L3K0&'S/0 $:4<6B 656B )( 6C40 &'(&0 6 Z;:>6 Q6B?6 646<F9: 622A?1A 2A6 >6=3146 <6 [?646 3=346B >:?: 3;A56=:0 $:4<6B 656B )* 3 )S Q6<0 &'()0 64:B1<3 35 6B0 ?6 >1=6=3 23? ;B6<:2i 3259: 3 67H32 ;YCB1>62 3? 656B %&'T'&'(d+0 <! o<D3B6 Y>16 3 3:4D3 %:4D20+0 3.:0. ! 6 >:<254A79: =3 A?6 >1=6=3 ?:=34<6! 656B %&/')&'*)+0 ;0.((0 65A679: =3223 :<23BF: =3K3416 234 ;6A56=6 <: 1=3N41: =3 >1=6=3Q64=1? ;4:;AD<6=: ;:4 C3<3O34 :q64=&'& 1<>:4;:46<=: @A325H32 2:>1612 1?C41>6=62 <6 >:<>3;79: =3 K1O1<F6<76 <6 =32>3<546B1O679: A4C6<6 <: =14315: \ F6C15679: <6 3X125P<>16 =3 32;67:2 K34=32 3<543 :A54:20 &'. Q6B?6 646<F9: 5:?:A ;:223 ;3B6 23DA<=6 K3O 6D:46 >:?: 43L315: 3B315: <: =16 )S =3 <:K3?C4: =3 &'()0 K1<>AB679: =: ;43L315: Q6B?6 646<F9: 6:2 235:432 ;:;AB6432 QN 346 3K1=3<53 <6 2A6 ;41?3146 6=?1<1254679: ?62 3226 K1<>AB679: L:1 6?;B16=6 <6 23DA<=6 D3259:0 23DA<=6 6=?1<1254679: L:1 >646>5341O6=6 ;3B: 6;:1: \2 ?:C1B1O67H32 ;:;AB6432 3 ;3B: =323<K:BK1?3<5: =3 ;4N51>62 K:B56=62 6 32232 235:4320 2 67H32 =3 ?3BF:46?3<5:2 <6 3254A5A46 LU21>6 =6 >1=6=3 L:46? >:<51<A6=62 <3226 23DA<=6 D3259: 3 >:<2515AU46?23 3? ;4:D46?62 =3 ;6K1?3<5679: 3 62L6B56?3<5: =3 4A62 3 6K3<1=62 >6B76?3<5: =62 >6B76=62 43L:4?6 3 64C:41O679: =3 ;62231:2 ;YCB1>:2 3 ;46762 ?3BF:416 =: 546<2;:453 ;YCB1>: 6?;B1679: =6 43=3 3BZ541>6 3<543 :A5462 67H320 : 1<U>1: =: ?6<=65: A?6 <:K6 43L:4?AB679: 6=?1<1254651K6 =6 43L315A46 L:1 436B1O6=6 ;:4Z? 6 3@A1;3 =3 622322:432 ;34?6<3>3A 6 ?32?60 23>4356416=: =6 43L315A46 L:1 >:<2515AU=: ;:4! 1>16<: A6453 F3L3 =3 6C1<353j :6>a4 =3 E32 3>4356416 =3 =A>679: 3 AB5A46j :C345: -46<=9: A456=: %3>4356416 =3 3DE>1:2 <534<:2 3 $A4U=1>:2+j 4<6<1 1BK3146 %3>4356416 =3 1679: 3 C462+0 &'T :25341:4?3<53 F:AK3 A?6 ?:=1L1>679: <6 <:?3<>B65A46 =62 23>43564162! 6 3>4356416 =3 =A>679: 3 AB5A46 ;622:A 6 =3<:?1<6423 3>4356416 =3 =A>679: AB5A46 3 6Y=3j 6 3>4356416 =3 3DE>1:2 <534<:2 3 $A4U=1>:2 ;622:A 6 3>4356416 =3 $A25176 :?Z4>1: 3 D41>AB5A460 : B:<D: =6 6=?1<1254679: 65F6<12 :< :F253< $A<1:4 2AC2515A1416 1>16<: A6453 <6 F3L16 =3 6C1<353 3 k1B2:< 146<=6 622A?1416 6 3>4356416 =3 1679: 3 C4620 &'* ;41?3146 @A3259: 1?;:256 \ ;43L315A46 L:1 6 =3 432:BK34 : ;4:CB3?6 =: =ZL1>15 :476?3<5N41: 3B6C:46<=: A? ;4:D46?6 =3 679: @A3 23 =1L343<>16223 =:2 ?31:2 546=1>1:<612 =6 6=?1<1254679: ?A<1>1;6B0 646 >:<5:4<64 6 >4123 L12>6B L:1 >416=: A? E=1D: 41CA5N41: =: A<1>U;1: 3B6C:46=: 3 6;4:K6=: ;3B6 [?646 A<1>1;6B 3X>BA1<=: =: ;6D6?3<5: =3 1?;:25:2 6BDA?62 >653D:4162! ;3@A3<:2 >:?34>16<532 645UL1>32 3 6BDA?62 1<2515A17H320 &'S 1<DBP2 C3<3O34 :q64= %&/S)&'./+ L:1 : A4C6<1256 @A3 >41:A : >:<>315: =3 >1=6=3Q64=1?0 64:B1<3 35 6B0 ?6 >1=6=3 23? ;B6<:2i 3259: 3 67H32 ;YCB1>62 3? 656B %&'T'&'(d+0 <! o<D3B6 Y>16 3 3:4D3 %:4D20+0 ;0>150 ;0./)0 $:4<6B 656B )* <:K0 &'()0 $:2Z k1BB1<D5:<0 ! 6 >6?;6<F6 =3 ;Z <: >F9:0 ;0/(/d0 $:4<6B 0 656B )' 6C40 &'(.0 BZ? =: E=1D: 41CA5N41: =: A<1>U;1: 31 &0&&T =3 ). =3 Q6<314: =3 &'(& L:1 :4D6<1O6=: : 6=6254: 12>6B =6 43L315A46 3 : 6A?3<5: =6 6BU@A:56 =3 1?;:25: =3 1<=Y254162 3 ;4:L122H320 2262 ?3=1=62 >:<>:44346? ;646 6 2A;34679: =: =ZL1>15 :476?3<5N41: 23<=: ;:22UK3B 61<=6 3? &'(. 6 >:<>BA29: =3 6BDA<2 3?;433<=1?3<5:2 >:?: 6 >:<254A79: =: 3<54: =3 :4?679: =3 4:L322:432 : 62L6B56?3<5: 3 1BA?1<679: 6 K6;:4 =3 ?34>Y41: 3 LBA:432>3<532 =62 4A62 $:9: 322:6 3 B12232 6B=62 3 K3<1=6 1: -46<>: B:>6B1O6=62 <: >3<54: =6 >1=6=3j 436B1O67H32 1<1>16=62 3? &'(. 3 >:<>BAU=62 3? &'(T! 6B3416 =3 453 34>6=: =62 :>62 6BN>1: =:2 2;:4532 25679: :=:K1N416 >:<254A79: =3 @A6=462 =3 32;:453 3 ;64@A32 1<L6<512 433254A5A4679: =3 ;46762 ;YCB1>62 35>0&'( BDA<2 ;4:Q35:2 43L343<532 \2 1<534K3<7H32 A4C6<U251>62 ?343>3? =3256@A3! 62 >6?;6<F62 =3 >6B76?3<5: =3 4A62 3 >6B76=62 6 =326;4:;41679: =:2 -6144:2 =3 -462UB16 31?:26 3 93 AUO6 : ;4:D46?6 =3 F6C15679: 3 : ;4:D46?6 =3 @A6=462 =3 32;:4532 3 ;64@A32 1<L6<512 <62 ;46762 =6 >1=6=30 3226 23DA<=6 D3259: 62 :C462 =3 >6B76?3<5: 26U46? =62 4A62 ?612 ;4EX1?62 6: >3<54: =6 >1=6=3 3 L:46? ;646 : 2ACY4C1:0 >6?;6<F6 9 50 . 1416 6C46<D34 C6144:2 ?612 6L6256=:2 3<54356<5: K6B3 26B13<564 @A3 3? &'() 64462>: %65A6B C6144: =3 1X23;5 :26=:+ "A1<562 6<5:2 312 3 :>62 61<=6 346? C6144:2 =1256<532 =: >3<54: =6 >1=6=30 226 23DA<=6 D3259: 56?CZ? 346 <:51>16=6 ;3B6 1?;43<26 >:?: 6 G46 =: 2L6B5:I 3 6 ;41?3146 4A6 62L6B56=6 L:1 6 $:9: 322:6 23DA1<=:23 6 B12232 6B=62 3 K0 1: -46<>:0&'d A546 >6?;6<F6 L:1 6 5. 5:.J05F0 ;4:D46?6 436B1O6=: 6546KZ2 =6 3>4356416 =3 1679: 3 C462 3>79: =3 6K1?3<5679: 3 =3 6B34162 LA<>1:<6K6 =6 23DA1<53 L:4?6 A?6 >:?1229: =321D<6=6 ;:4 Q6B?6 646<F9: 23B3>1:<6K6 62 L14?62 ;646 6 >:<254A79: =62 >6B76=62 6;E2 >:<54656=:2 :2 234K17:2 : ?:46=:4 6221<6K6 &. ;4:?122E4162 6K6B16=62 ;3B6 43L315A46 3? L6K:4 =6 43L341=6 L14?6 3 @A3 23416? =32>:<56=62 <: C6<>: =6 >6;156B0 3B6 3X125P<>16 =: ?31: L1: 3? 6BDA?62 4A62 3X12516? =:12 51;:2 =3 ;4:;:2562! 6 =6 >6B76=6 >:? ?31: L1: 3 : =6 >6B76=6 23? ?31: L1:0&'/ 546KZ2 =: =3>435: 6221<6=: 3? &S =3 QA<F: =3 &'(.&'' @A3 =3>B646K6 =3 A51B1=6=3 ;YCB1>6 3 1<5343223 2:>16B :2 53443<:2 B:>6B1O6=:2 3? -462UB16 31?:26 3 93 AUO6 Q6B?6 646<F9: =326;4:;41:A 6 N436 43DAB641O6<=: 6 215A679: =:2 ?:46=:432 >:? 43B679: 6 :>A;679: =:2 53443<:20 ?;646=: ;3B6 :<2515A179: 3=346B ;3B:2 =12;:2151K:2 =6 31 $:2Z k1BB1<D5:<0 ;0>150 ;0///'0 $:4<6B 656B T& :A50 &'(&0 $:4<6B 656B &( Q6<0 &'(&0 $:4<6B 656B &S QA<0 &'(.0 4D[<1>6 =: A<1>U;1: 3 =3 31 3=346B =3 326;4:;41679: =3>B64:A 6546KZ2 =3223 =3>435: @A3 :2 B:532 23416? 3<543DA32 \2 L6?UB162 =3 43>:<F3>1=: 3256=: =3 ;:C43O6 %6451D: Tn+ 3 @A3 :2 53443<:2 23416? 3<543DA32 3? >64N534 =3 A2AL4A5: <9: ;:=3<=: 234 <3D:>16=:2 ?62 546<2?151=:2 =3 ;612 ;646 L1BF:20.)) 4:D46?6 =3 6C15679: 23DA<=: 34?6<: >:<212516 <6 >:<254A79: =3 >6262 ;:;AB6432 =3251<6=62 6:2 LA<>1:<N41:2 ?A<1>1;6120 ;41?314: >:<QA<5: l=3 =3O >6262m L:1 >:<254AU=: <: -6144: =62 "A1<562 >:? 43>A42:2 =6 ;43L315A46 23<=: 62 >6262 2:4536=62 3<543 :2 LA<>1:<N41:2 1<2>415:2 >:<256<=: 32562 >:? 54P2 @A645:2 26B6 Y<1>6 >:;6 >:O1<F6 1<256B67H32 26<15N4162 @A1<56B 3 Q64=1?0.)& 2 =A62 6=?1<125467H32 =3 Q6B?6 646<F9: =3<54: =3 A?6 ;:BU51>6 <6>1:<6B1256 L:46? ?64>6=62 ;:4 67H32 K:B56=62 6:2 235:432 ;:;AB6432 3 67H32 @A3 546<2L:4?646? : 32;67: LU21>: =6 >1=6=30 2262 1<1>1651K62 6 <:22: K34 <9: 23 >:<L1DA4646? 3? 67H32 ;B6<3Q6=62 ?62 1<1>1651K62 @A3 =3?:<2546K6? @A3 : ;43L315: 3253K3 3? 21<5:<16 >:? 62 <:K62 <3>3221=6=32 A4C6<62 3 >:? :2 6<231:2 =3 ;4:D4322: 3 =3 1<=A25416B1O679: ;4:;6D6=:2 ;3B: D:K34<: 3? [?C15: <6>1:<6B0 k1BB1<D5:<0 ! 6 >6?;6<F6 =3 ;Z <: >F9:0 ;0')'&j <6 64:B1<3 35 6B10 ?6 >1=6=3 23? ;B6<:2i 3259: 3 67H32 ;YCB1>62 3? 656B %&'T'&'(d+0 <! o<D3B6 Y>16 3 3:4D3 %4D20+0 3.:0. ! 6 >:<254A79: =3 A?6 >1=6=3 ?:=34<6 %656B &/')&'*)+0 ;0.('0 $:2Z k1BB1<D5:<0 ! 6 >6?;6<F6 =3 <: >F9:0 ;0'&0 !$(4$*%&3%(2+D+E*(2+>&(2:5+ !" 2 1<534K3<7H32 <: 32;67: LU21>: =6 >1=6=3 =3 656B <6 ;41?3146 6=?1<1254679: Q6B?6 646<F9: 43LB35146? :2 6<231:2 ;:BU51>:2 =: ?:?3<5: =3 ?:=34<1O64 >:? K162 6: ;4:D4322: 3 \ 1<=A25416B1O679:0 @A3259: =: <6>1:<6B ;3451<3<53 3? 5:=6 546Q35E416 ;:BU51>6 =: 43L315: <:453:A 2A62 =143541O32 23A2 ;4:Q35:2 3 67H32 6: B:<D: =3 2A62 6=?1<125467H32 ?A<1>1;612 3 >:?: 3;A56=: 3=346B >:?: BU=34 =6 43<53 6>1:<6B1256 =: 256=: =: 1: 46<=3 =: :4530 <6>1:<6B12?: =3L3<=1=: ;:4 Q6B?6 646<F9: >:<212516 <6 BA56 >:<546 : 1?;3416B12?: 3 <6 3?6<>1;679: =: ;:K: 6546KZ2 =6 >AB5A46 ;:;AB640 :?: : ;4E;41: =:>A?3<5: =6 6?;6<F6 2AD343 6 >AB5A46 ;:;AB64 346 A? 1<254A?3<5: =3 BA56 =3 3?6<>1;679: ;:BU51>6 6: ?32?: 53?;: @A3 346 6 >41679: =: ;:K: 62 ;4N51>62 =: =166=16 6 6A5P<51>6 >AB5A46 <6>1:<6B0 3<54: =3226 >:<>3;79: 32;67:2 ;YCB1>:2 =6 >1=6=3 =3 656B L:46? >416=:2 :A54:2 L:46? 43221D<1L1>6=:2 546<2L:4?6<=:23 3? 32;67:2 =3 B6O34 :A 3? 32;67:2 >AB5A4612 =3 ;4:?:79: =6 >AB5A46 ;:;AB640 3253 >6;U5AB: 6<6B12643?:2 >:?: 6 43L315A46 1<>:4;:4:A 6: >:51=16<: =6 >1=6=3 32;67:2 =3 B6O34 3 43>43679: 3 :2 32;67:2 >AB5A4612 >:?: 62 ;46762 =3 >AB5A460 2 32;67:2 ;YCB1>:2 =3 B6O34 >416=:2 <6 6=?1<1254679: Q6B?6 646<F9: 346? =3251<6=:2 \ ;4N51>6 32;:451K6 3 \ 43>43679: 1<L6<51B0 ? KN4162 ;46762 =6 >1=6=3 6 ;43L315A46 >:<254A1A @A6=462 =3 32;:453 3 ;64@A32 1<L6<512 3 <:K62 ;46762 L:46? >416=62 >:? : ?32?: :CQ351K:0 :CQ351K: 23416 ;:25341:4?3<53 546<2L:4?64 32262 ;46762 3? ;46762 =3 >AB5A460 4676 =3 AB5A46 K126K6 =3?:>4651O64 6 >AB5A46 <:2 C6144:20 546C6BF: =323<K:BK1=: <6 ;4676 =3 >AB5A46 6>:<53>16 6451>AB6=: \ >6?;6<F6 =3 3=A>679: ;:;AB64 ?62 :>A;6K6 32;67:2 32;3>UL1>:2 L:46 =: 6?C13<53 =:2 >6?;6?3<5:2.).0 >:<53>16 <6 ;4676 ;YCB1>60 :1 A?6 1=Z16 546O1=6 =: :K1?3<5: =3 AB5A46 :;AB64 =3 3>1L3 3 1?;B6<56=6 3? 656B 6 ;64514 =3 &'(&0 1435:416 =3 :>A?3<5679: 3 AB5A46 =6 3>4356416 A<1>1;6B =3 =A>679: =141D1=6 ;:4 61B=3 1<5: L1>:A \ L43<53 =3223 ;4:Q35:0 ? 656B 3253K3 3? LA<>1:<6?3<5: @A654: ;46762 =3 >AB5A46 65Z : L1? =: D:K34<: Q6B?6 646<F9:0 ;41?3146 B:>6B1O6=6 <6 ;4676 c3<<3=a <: -6144: =3 1=6=3 B56 346 =3<:?1<6=6 ;4676 =3 >AB5A46 ;341E=1>6 ;:12 2E LA<>1:<6K6 3? 3K3<5:2 ;4:?:K1=:2 ;3B6 2 >6?;6?3<5:2 2>:B6432 346? :2 32;67:2 LU21>:2 @A3 2AC2515AU6? : ;4Z=1: 32>:B640 ;43L315A460 ? &'(. K1346? 62 ;46762 =3 >AB5A46 ;34?6<3<53 A?6 <: -6144: =62 :>62 3 6 :A546 <: -6144: =62 "A1<5620 ;:4 YB51?: 3? &'(T L:1 1<256B6=6 A?6 ;4676 =3 >AB5A46 <6 ;4676 <=4Z =3 BCA@A34@A3 <: -6144: =6 1=6=3 B560 256 YB51?6 23416 43L34P<>16 ;646 62 ;4EX1?62 ;46762 @A3 23416? >:<254AU=620 3223 32;67: L:46? 1<256B6=:2 A?6 >:<>F6 6>Y251>6 C1CB1:53>6 3 D6B3416 =3 64530 @A3 >646>5341O6K6 32262 54P2 ;46762 346 6 ;4323<76 =3 A?6 C1CB1:53>6 :2 =3?612 3@A1;6?3<5:2 346? =1L343<>16=:2 3? >6=6 A?6 =62 ;467620 A?6 2Z413 =3 651K1=6=32 K:B56=62 ;646 : 53654: 64532 >1<3?6 ;:BU51>6 346? 3X3>A56=62 <6@A3B3 6?C13<530 ;4676 <: 23A 546<2>A42: F125E41>: 23 6;4323<56 >:?: 3X;43229: 21<DAB64 =6 >1=6=3 =: 32;67: A4C6<: >:<LA<=1<=:23 >:? 6 :41D3? =6 >1=6=30 ? 2A62 =1L343<532 LA<7H32 A2:2 6;4:;4167H32 6546KZ2 =3 53?;:2 3 32;67:2 =1251<5:2 3? 2A6 ?653416B1=6=3 ;:=3?:2 K34 43;4323<56=62 1<53<7H32 21D<:2 1<53432232 3 A?6 2Z413 =3 ;4N51>62 @A3 BF3 29: >:<L341=620 3DA<=: 6 F125:416=:46 344351 325A=64 : 6 ;4:=A79: =: 32;67: A4C6<: 1?;B1>6 :BF64 :2 BAD6432 ;:12 6 >1=6=3 23 6;4323<56 >:? A?6 =1K3421=6=3 =3 BAD6432 L4A5: =3 =1L343<532 :BF6432 A2:2 =12>A42:2 6;4:;4167H32 3 1<534322320 :4 A? B6=: : A2: =: 32;67: ;3B:2 @A3 =35Z? : ;:=34 BAD6432 @A3 : A2: 3 62 LA<7H32 29: =3534?1<6=:2 ;3B:2 1<53432232 =3 ;4:;4135N41:2 6=?1<12546=:432 3 A4C6<12562j ;:4 :A54: ;4N51>62 @A3 23 1?;H3? 2:C43 : 23<51=: :41D1<6B =3 =3534?1<6=: 32;67:0.)T :<21=346?:2 <:K6?3<53 62 >:<541CA17H32 =3 34536A @A3 >:<>315A6 : 32;67: >:?: A? BAD64 ;4651>6=: >:?: 3B6C:4679: 1<=1K1=A6B 3 >:B351K6 3 <3223 23<51=: ;4:;H3 6 6<NB123 =6 >1=6=3 6 ;64514 =: ?31: =3 =3<54: =:2 23A2 1<L1<15:2 BAD64320.)* 3 <:2 ;4:;:?:2 :BF64 :2 BAD6432 :BF6?:2 ;646 6 ;4676 21<5:?6 =6 >1=6=3 32;67: ;YCB1>: BAD64 =6 >AB5A46 =62 ?6<1L32567H32 ;:;AB6432 ;:BU51>62 =3 43A<19: 1<L:4?6B =3 ;322:620 ? <:2262 B315A462 2:C43 6 >1=6=3 53<56<=: 3<>:<5464 6 ;4676 <32232 53X5:2 ;34>3C3?:2 @A3 3253 32;67: ;YCB1>: ;:4 3X>3BP<>16 3? =1L343<532 Z;:>62 3 BAD6432 346 A? B:>6B 1?;:456<53 <6 K1=6 >:51=16<6 =6 >1=6=30 :1 <6 ;4676 @A3 : ;41?314: 3@A1;6?3<5: ;YCB1>: 23 3256C3B3>3A! : 6BN>1: =: :K34<: 3 23 1<256B:A 56?CZ? : ;:=34 ;:BU51>:! 6=?1<1254679: ;YCB1>6 1D43Q6 ;:BU>16 3 >AB5A46 >64<6K6B32>60 64B6 6<516D:0 9 .:- 256=: D43Q6 3 :46=:432 <6 ;4:=A79: =6 6C15679: ;:;AB64 3? -3B: :41O:<53 % C6144: :? 6C46B &'S'R&'/&+0 &'''0 122345679: %32546=: 3? 125E416+ 6>AB=6=3 =3 1B:2:L16 3 1P<>162 A?6<62 -3B: :41O:<53 l&'''m0 1>F3B0 50! &064532 =3 L6O340 *0& ! h - 3? ;4353<29: =3 >:<254A14 A?6 F125E416 D346B 2:C43 62 ;46762 ?62 ;34>3C34 >:?: 6 ;4676 2A4D1A <: ;4:>322: =3 A4C6<1O679: >:?: A? BAD64 =3 436B1O679: =3 A? 53?;: 3 A? 32;67: =3534?1<6=: 6=@A141<=: =1L343<532 21D<1L1>6=:2 LA<7H32 3 A2:2 <:2 43?353?:2 \ ;EB12 D43D6 :<=3 3<>:<546?:2 6 ND:46 :A ;4676 =3 ?34>6=: >:?: ;622:A 6 234 >F6?6=6 6 ;64514 =: 2Z>AB: 0 3q12 A?L:4= <6 =Z>6=6 =3 &'() 32>43K3A @07 3? @A3 5465:A =6 F125E416 =62 L:4?62 3 LA<7H32 =6 >1=6=3 6546KZ2 =:2 53?;:2 3 =: =323<K:BK1?3<5: =: F:?3? >:?: 234 ;:BU51>: 3>:<e?1>: 43B1D1:2: >AB5A46B 3 23XA6B <:2 ?:2546 6 ND:46 >:?: A? B:>6B =3 43A<19: 3<543 >1=6=9:2 53<=: 21=: : >3<54: =1<[?1>: =6 >1=6=3 D43D60 6A5:4 6L14?6 @A3 <6 6B=316 3X1251A A? BAD64 23?3BF6<53 A? B:>6B =3 3<>:<54: G;:221K3B?3<53 2:C A?6 N4K:43 26D46=6 :A QA<5: =3 A?6 L:<53 =3K3 534 3X1251=: ;:4 ?A15: 53?;: <6 6B=316 A?6 N436 2AL1>13<53?3<53 D46<=3 ;646 =6<762 :A Q:D:2 =3 6B=3162 ;A=3223? 234 436B1O6=:2I0.)S 2 LA<7H32 =6 ND:46 L:46? 23<=: 1<54:=AO1=62 <6 >1=6=3 ;:4Z? 3<L651O6 @A3 6 ND:46 3? 23A 3256=: ;41?151K: 346 : BAD64 =6 ;6B6K46 ;:<5: =3 3<>:<54: >:?A<6B B:>6B =3 6223?CBZ160 A?L:4= <:2 =N 1<L:4?67H32 2:C43 62 >646>534U251>62 LU21>62 =6 ND:46! 6<51D: ND:46 51<F6 A?6 L:4?6 6?:4L6 3 1443DAB640 3 346 215A6=: <A?6 ;4676 6C3456 %000+ ;:=3416 234 ;:A>: ?612 @A3 : 6B64D6?3<5: =6 4A6 ;41<>1;6B A?6 A6 64D60 %000+ <532 =3 ?612 <6=6 : ND:46 Z A? 32;67: 6C345: =3 ;4:;413=6=3 ;YCB1>6 @A3 ;:=3 234 :>A;6=: ;646 L1<6B1=6=32 ;YCB1>62 ?62 <9: <3>3226416?3<53 L3>F6=:0 A1562 K3O32 3=1LU>1:2 6=Q6>3<532 29: B6<76=:2 =3 L:4?6 1443DAB64 6@A1 A? 53?;B: 6B16 325N5A6 =3 A? F34E1 :A A?6 L:<53j :A 56BK3O <A?6 L1B3146 A? D4A;: =3 :L1>1<62 =3 645UL1>32 6C34562 ;646 : 546<23A<53j 3<@A6<5: @A3 <: ?31: 62 C6446>62 :A >:C34562 53?;:4N4162 1<=1>6416? 56BK3O : =16 =6 L3146 @A6<=: : >6?;:<P2 B3K6K6 23A 6BF: 2A62 K34=A462 :A 6O315:<62 ;646 6 >1=6=3 3 >:?;46K6 A? ;:53 :A ?6<=6K6 >:<234564 23A2 26;65:2 ;3B: 26;65314:0.)( :1 <: 2Z>AB: @A3 62 LA<7H32 =6 ND:46 >:?37646? 6 23 3X;6<=140 ?:51K: L:1 6 1<54:=A79: =3 ?:3=62 >A<F6=62 =3 :A4: 3 ;4656 >:?: ?31: =3 54:>60 2262 LA<7H32 3>:<e?1>62 <6 ND:46 L1O346? >:? @A3 <: 2Z>AB: h 62 LA<7H32 ;:BU51>62 L1>6223? 3? 23DA<=: ;B6<:0 ND:46 >:? : 53?;: 5:4<:A23 A? 32;67: 1<=12>41?1<6=: 53?;B:2 3q120 07! 2A62 :41D3<2 546<2L:4?67H32 3 ;342;3>51K620 *03=0 9: 6AB:! 64512 :<532 .))*0 ;0&((&(d0 3q120 ;0>150 ;0&(d0 26<5AN41:2 23 ?125A46K6? \2 :L1>1<62 >6?;:<3232 >64;1<5314:2 346? K125:2 6B1 =1K1=1<=: : 32;67: >:? A? L1BE2:L: L6O3<=: A?6 ;6A26G>:?: B659: =3K3 56<562 K3O32 534 ;6A26=: ;646 K34 A? :B314: :A >64;1<5314: 6 546C6BF64 =16<53 =3 2A6 B:Q6 6C3456 %000+I0.)d LA<79: 2:>16B =: 32;67: 6C345: 23DA1A23 <:2 ;6U232 B651<:2! J >6?;: :* 23DA<=: A?L:4= =32>3<=3? =6 ND:46 ;:12 g <: 32;67: 6C345: =:2 >6LZ2 3 43256A46<532 3? K:B56 @A3 :2 3<>:<54:2 >:<K34262 =12>A22H32 L6>3 6 L6>3 C3? >:?: :2 3<>:<54:2 L:45A15:2 5P? BAD64 <9: L:4?6B1O6=:2 ?32?: @A6<=: F6C15A6120 5Z :2 ;4E;41:2 32;:4532 3 LA<7H32 =46?N51>62 =6 ND:46 61<=6 346? 436B1O6=:2 <: ?34>6=: 6: L1? =6 =6=3 Z=16 <6 A4:;6 2353<41:<6B 3 L:46? 23DA1=:2 <: 2Z>AB: h ;:4 3X1C17H32 ?1B1564320 ? gB1=6 : ND:46 346 <6 K34=6=3 >F6?6=: =3 1;E=4:?:j >:441=62 =3 >6K6B: 23?3BF6<532 \@A3B62 @A3 :A54:46 51K346? BAD64 6B1 61<=6 23 436B1O6K6? 6<A6B?3<53 <: L6?:2: NB1: =3 13<6 53<=: 23A ;:<5: >AB?1<6<53 <6 ;16OO6 =16<53 =: 67: A<1>1;6B0 :?: : ND:46 >:?C1<6K6 56<562 LA<7H32 A4C6<62 1?;:456<532 =14315: D:K34<: >:?Z4>1: 1<=Y25416 43B1D19: 2:>16C1B1=6=3 l000m 5:4<:A23 : 3B3?3<5: ?612 =1251<51K: =6 >1=6=30.)/ 12>A22H32 ?612 43>3<532 <:2 ?:2546? 62 ?YB51;B62 LA<7H32 =6 ND:460 3DA<=: : F125:416=:4 6D6BF932 6 ND:46 ;:=3416 <9: 234 A? 534415E41: 32;3>UL1>: ?62 A?6 651K1=6=3 FA?6<6 ;:4Z? <9: 23<=: 3X>BA21K6 =: F:?3? ;:12 :2 =3A232 2A;:256?3<53 56?CZ? 23 43A<16? <6 ND:460.)' 43A<19: <6 ND:46 21<6B1O6K6 56?CZ? ;646 A?6 >AB5A46 6>A46=6 23 =3256>6<=: <62 ;6126D3<2 F:?Z41>62 >:?: A? 32;67: ;YCB1>: =3 43A<19:0 6B>: =3 @A343B62 1<=1K1=A612 B:>6B =3 679: QA4U=1>6 ;6B>: ;646 6 546<2679: =3 23<53<762 32;67: ;YCB1>: ;646 =3?:<25464 K145A=32 3 L6?6 6?C13<53 ;646 6 ?34>6<51B1O679: ;646 1<LB6?64 6 679: ;:BU51>6 B:>6B ;646 >:?34>16<532 GF:?3<2 @A3 23 6L6256? =62 K34=6=31462 K145A=32 A4C6<62I0 :? : >432>1?3<5: =62 43B67H32 3>:<e?1>62 6 ND:46 ;622:A 6 234 =321D<6=6 >:?: ;4676 =3 ?34>6=: B:>6B =3 >:<>3<54679: =3 >:?34>16<532 =3 645329:2 =3 546C6BF6=:432 =3 6226B6416=:2 =3 56C34<62 =3 :L1>1<62 3 =3 CA51@A32 =3 C64C314:20 .&) 12>:4=6<=: =3 A?L:4= 6D6BF932 6L14?6 @A3 6 ;4323<76 =3 651K1=6=32 3>:<e?1>62 <6 ND:46 23?;43 3X1251A <9: 2:?3<53 6 ;64514 =: 2Z>AB: @A6<=: 23 ;622:A \ ;4676 =3 ?34>6=: 3<54356<5: :2 53X5:2 6<5341:432 6 3223 ;34U:=: =31X6K6? 3? 23DA<=: ;B6<: :2 3q120 07! 2A62 :41D3<2 546<2L:4?67H32 3 ;342;3>51K620 ;0&(d0 =0 C1=0 A1O 5NK1: =30 >1=6=3 D43D6 3 :2 ?:=:2 A4C6<:2 =6 ;:BU51>60 <! 64D641=6 6416 =3 %:4D0+0 02;0T/ =0 C1=2 ;0Td**0 >:?34>16<532 645329:2 546C6BF6=:432 3 5:=:2 @A3 =323?;3<F6K6? 651K1=6=32 43B6>1:<6=62 6: >:?Z4>1: 651K1=6=3 @A3 <9: >646>5341O6K6 6 >AB5A46 D43D60 2232 53X5:2 3<6B53>16? 6 ND:46 >:?: A? B:>6B =3 43A<1H32 3 =3>12H32 ;:BU51>620 .&& <546<=: <: ;34U:=: ?3=13K6B =3256>6?:2 : 546C6BF: =: 4A22: 1pF61B -6pF51< >4U51>: B1534N41: 3 23?1EB:D: 32>4156 <: L1<6B =:2 6<:2 &'d) 53<=: >:?: :CQ351K: 6 6<NB123 =6 :C46 =: >4U51>: B1534N41: =: 2Z>AB: h 46<7:12 3C3B6120 -6pF51< 6: L6O34 A?6 B315A46 =62 :C462 =3 3C3B612 0:. ;:O0. <:2 ?:2546 : >:51=16<: =6 ;4676 ?3=13K6B 3 <: 3<62>1?3<5:0 1<5343223 =: 6A5:4 Z 3? 43B679: \ >AB5A46 >e?1>6 ;:;AB64 =3223 ;34U:=: 23A2 DP<34:2 B1534N41:2 : K:>6CABN41: 62 L:4?62 =3 415:2 3 32;35N>AB:2 62 :C462 >e?1>62 @A3 3C3B612 >:<F3>16 ?A15: C3? ;:12 >:<F3>16 : 6?C13<53 =62 ;46762 3 =62 L31462 B:>6B :<=3 3226 >AB5A46 >e?1>6 ;:;AB64 3256K6 ;4323<530.&. >3<N41: =62 ?6<1L32567H32 =6 >AB5A46 ;:;AB64 =6 =6=3 Z=16 3 =: 3<62>1?3<5: ?64>6=6 ;3B: 412: ;3B6 2ACK3429: =3 K6B:432 :L1>1612 L:1 6 ;4676 ;YCB1>6 @A3 6: L1<6B =3223 ;34U:=: G346 : ;:<5: =3 >:<K34DP<>16 =3 5A=: @A3 <9: 346 :L1>16B =3 >3456 L:4?6 D:O6K6 =3 A? =14315: =3 ^3X546534415:416B1=6=3^ <: ?A<=: =6 :4=3? 3 =6 1=3:B:D16 :L1>1612 3 : ;:K: 6U 51<F6 23?;43 6 YB51?6 ;6B6K46I0.&T : >:<54N41: =:2 53X5:2 >BN221>:2 =6 6<51DA1=6=3 :<=3 : ;:K: 3256K6 3? 23DA<=: ;B6<: -6pF51< 3? 23A 53X5: <:2 ?:2546 3C3B612 L6B6<=: =: ;:K: 3 =3 2A62 ?6<1L32567H32 ;:;AB64320 3DA<=: -6pF51< 6 ;4676 <: L1? =6 =6=3 Z=16 3 <: 3<62>1?3<5: 346 : ;6B>: =: <9: :L1>16B : ?A<=: =6 L3146 3 : ?A<=: =62 L32562 =6 >AB5A46 >64<6K6B32>60 3C3B612 >:<F3>16 ?A15: C3? : 6?C13<53 >:<F3>16 : K:>6CABN41: =62 L31462 :2 L43@s3<56=:432! >:?34>16<532 26B51?C6<>:2 >:?34>16<532 =3 =4:D62 >6?3Be2 >F64B65932 K3<=3=:432 =3 4:?6<>32 >1D6<:2 32546<D314:20 :L1>16B 62 43D462 =3 ;:B1=3O =3 351@A3562 3 =3 F13464@A162 =:2 ;6BN>1:2 =62 1D43Q62 346? 546<2D43=1=62 <6 ;4676 ;YCB1>6 B:>6B :<=3 G<151=6?3<53 l62 ;4N51>62 >:51=16<62m 23 =1L343<>16K6? =62 ;4N51>62 =6 D43Q6 =6 6453 =:2 541CA<612 =62 1<254A7H32 ;YCB1>62 =6 BU<DA6 L6B6=6 ;3B62 >B62232 =:?1<6<532 %64125:>46>16 <:C43O6 6B5: 3 ?Z=1: >B34:+ =6 B153465A46 :L1>16B0 .&* 3223 ;34U:=: 6 >AB5A46 536546B 3 6 B153465A46 ?3=13K6B 3256K6? 1<51?6?3<53 B1D6=62 \ ;4676 ;YCB1>60 2 32;35N>AB:2 =3 4A6 L:BDA3=:2 325A=6<512 :2 C61B32 ;YCB1>:2 6>:<53>16? A1O 5NK1: =30 >1=6=3 D43D6 3 :2 ?:=:2 A4C6<:2 =6 ;:BU51>60 <! 64D641=6 6416 =3 %:4D0+0 00 ;0T/0 -c 1pF61B0 . 0. . C " 0- : >:<53X5: =3 46<7:12 3C3B6120;0&TT&TS0 =0 C1=0 ;0&T.0 -c 1pF61B0 . 0.. C"0-: >:<53X5: =3 46<7:12 3C3B6120 ;0&TT0 <3223 32;67:0 ;4676 ;YCB1>6 L:1 <: L1? =6 =6=3 Z=16 3 <: 3<62>1?3<5: A? ?A<=: Y<1>: 3 >:32: :<=3 5:=62 62 5:?6=62 =3 ;6B6K46 ;:22AU6? 6BDA?6 >:126 3? >:?A? ;:12 3256K6? 1?;43D<6=62 =: ?32?: 6?C13<53 =3 B1C34=6=3 L46<@A3O6 3 L6?1B1641=6=30 K1=6 <6 ;4676 346 ;34?36=6 ;3B: A<1K342: =: 412: =: 32>N4<1: =6 L3256 <A?6 =1<[?1>6 =1251<56 =6 >AB5A46 43B1D1:26 :A :L1>16B0 646 -6pF51< 6 >AB5A46 ;:;AB64 51<F6 32;67: ;4E;41:0 A5462 6<NB1232 ;:25341:432 6 -6pF51< ?:2546? :A54:2 62;3>5:2 =6 ;4676 <: ;34U:=: ?3=13K6B0 64@A1535: AD: 3D6q6.&S <6 =Z>6=6 =3 &'') =3=1>:A23 6: 325A=: =62 L:4?67H32 =62 ;46762 ;64@A32 3 =:2 Q64=1<2 ;YCB1>:2 <: -4621B @A3 23DA146? :2 ?:=3B:2 3A4:;3A20 ? >6;U5AB: 32;3>16B 2:C43 62 ;46762 : 6A5:4 6L14?6 @A3 : 32;67: 6C345: 346 A?6 43D6B16 <3223 ;34U:=:0 2 JJ156B16<62 6C41D6K6? 415A612 =3 <65A43O6 K6416=62 43B1D1:2:2 :A 23>AB6432 >:?: >626?3<5:2 3 LA<34612 >:?3?:467H32 5:4<31:2 >:441=62 3<>3<67H32 536546120 6 2;6<F6 6 JP ?3=13K6B 3256K6 =32B:>6=6 =: >3<54: A4C6<: 346 : B:>6B :<=3 3256K6? : >:?Z4>1: 62 L31462 3 62 L32562 ;YCB1>620 156<=: 6AB ,A>p34 .&( 2AD341A 6 B315A46 LA<>1:<6B =62 ;46762 <6 =6=3 Z=16 >B6221L1>6<=:62 3? ;46762 =3 ?34>6=:j ;46762 =3 3<546=6 =6 >1=6=3j 6=4: =6 1D43Q6j ;46762 6D4A;6=62 %;46762 =1251<562 >:?: 6 =3 ?34>6=: 3 =6 1D43Q6 32;3>16B?3<53 43B6>1:<6=62 <6 546?6 A4C6<6+0 .&d 25A=:2 ?612 43>3<532 =: 1<U>1: =3253 2Z>AB: =3256>6? : ;6;3B =6 ;4676 =3 ?34>6=: ;:12 L:1 3? 5:4<: =6 ;4676 @A3 23 :4D6<1O646? 62 >1=6=32 ?3=13K6120 646 3<Q:5 3 -:A>F343:< F125:416=:432 =3=1>6=:2 6 F125E416 ?3=13K6B 6 ;4676 =3 ?34>6=: >:<2515AU6 : >:4679: =6 >1=6=3 3 A? BAD64 ;41K1B3D16=: =3 43A<19: 6BZ? =62 LA<7H32 =3 ;4:=A79: 3 =3 54:>60.&/ >3<54: =62 651K1=6=32 =6 ?A<1>1;6B1=6=3 346 : 67: A<1>1;6B 3=1LU>1: B:>6B1O6=: 3? 5:4<: =6 ;4676 =3 ?34>6=:0 : 67: A<1>1;6B 6>:<53>16? 62 43A<1H32 =: ;43L315: 6 6=?1<1254679: =6 $A25176 :2 C6<@A3532 C61B32 3 61<=6 234K16 >:?: >626 =3 32;35N>AB:20.&' -A2>6?:2 43L34P<>16 56?CZ? 3? 3534 -A4p3 3? 23A 325A=: 2:C43 6 >AB5A46 ;:;AB64 <6 A4:;6 ?:=34<6 :A >:?: 6 F125:41:D46L16 =3<:?1<6 =3 1<U>1: =: ;34U:=: ?:=34<: =3 &S)) 6 &/))0 -A4p3 <:2 ?:2546 :2 32;67:2 ;YCB1>:2 =62 ?6<1L32567H32 =6 >AB5A46 ;:;AB64 @A3 29: 62 56K34<62 62 ;:<532 62 L31462 6 ;4E;416 D43Q6 >:? :2 ?125Z41:2 3 62 L32562 =3 ;6=4:314:2 3 62 ;467620 AD: 3D6q6 Z 64@A1535: 3 ;4:L322:4 =6 6>AB=6=3 =3 4C6<12?: =6 0 6AB ,A>p34 6B3?9: L:1 64@A1535: 3 F125:416=:4 =6 6453 k AD:0 ! Q64=1<2 <: -4621B0 ;0T.0 $ 3<12 3 - 6541>p0 LB:432>1?3<5: =62 >1=6=32! : 2Z>AB: h <6 F125E416 =: ?A<=: A4C6<:0 <! 64D641=6 6416 =3 %:4D0+0 00 ;0 .d./0 3q120 07! 2A62 :41D3<2 546<2L:4?67H32 3 ;342;3>51K620 ;0.'/0 :2 ;6U232 ?3=15344[<1>:2 : >3<54: 3L351K: =6 >AB5A46 ;:;AB64 346 6 ;16OO60 6K16 6;4323<567H32 =3 C:<3>:2 <6 ;4676 =3 ?34>6=: =3 3K1BF6<: <: 2Z>AB: h 3<@A6<5: 3? 6=41 ;:=1623 62212514 6 ;3762 >:441=62 3 5:4<31:2 <6 B6O6 6a:4 :A :AK14 C6B6=62 l000m0 ? B:43<76 6 16OO6 1D<:416 346 : B:>6B =:2 32;35N>AB:2 :L1>1612 6 16OO6 6< 4:>>3 : B:>6B =62 >:441=62 =3 CYL6B:2 5:A46=62 3 LA53C:B 3 6 16OO6 6< 6451<F: 346 : B:>6B =:2 >6<5:432 =3 325E41620 ? 3<3O6 346 <6 16OO6 6< 64>: @A3 :2 ;41<>1;612 >F64B65932 ?:<56K6? 23A2 32546=:2 2:B56K6? 2A62 ;16=62 3 K3<=16? 23A2 43?Z=1:20..) 226 >AB5A46 =3 ;4676 23 3253<=16 6 6412 >:?: 23<=: 6 >3<54: =3 32;35N>AB:2 ;YCB1>:2 =3 3X3>A7H32 L:DA31462 =3 9: $:9:0 -A4p3 >F6?6 32232 64512562 ;:;AB6432 =3 ;4:L1221:<612 =62 =1K342H32! ?6B6C6412562 26B51?C6<>:2 >F64B65932 >A46<=314:2 6>4:C6562 G: ?6B6<=4: 6B3D43I 64512562 151<346<532 :2 64512562 6?6=:432 >:?: :2 >:<56=:432 =3 325E4162 ?Y21>:2 ;:3562 ;1<5:432 ;:;AB6432 6=1K1<F:20 ..& <54356<5: 3223 >3<N41: =6 ;4676 >:?: A? 32;67: =6 >AB5A46 ;:;AB64 >:?37:A 6 ?A=64 6 ;64514 =6 23DA<=6 ?356=3 =: 2Z>AB: h ;41<>1;6B?3<53 3? :<=432 3 64120 2 ;46762 ;622646? 6 234 433254A5A46=62 6546KZ2 =3 A? <:K: ;41<>U;1:! : =: ;B6<3Q6?3<5: =62 ;467620 2562 622A?146? A?6 <:K6 LA<79: =1L343<53 =62 ;46762 43<62>3<512562 3 ?3=13K6120 35:4<6<=: 6 3D6q6 3253 L6B6 3? =32>:<D3251:<6?3<5: =6 >1=6=3 ?3=13K6B0 2 ;46762 <9: 23416? ?612 A? 32;67: ;YCB1>: 6C345: ;646 6 ;:;AB679: 3? D346B >3<N41: =: 412: =6 432125P<>16 =: <9: :L1>16B ?62 23 546<2L:4?6416 <3253 ?:?3<5: 3? ;46762 ?:<A?3<5612 1?;:<3<532 A?6 N436 6C3456 >:? 325N5A62 L:<532 3 ?6254:2 A? ?:=3B: =3 32;67: ;YCB1>: 6=?146=: ;3B:2 K16Q6<5320 9: 62 P =3 6412 62 J P =3 6=41 ?:=3B:2 @A3 23 3253<=346? ;:4 5:=6 6 A4:;6 3 ?Z41>60 ... <546<=: <: >6?;: =6 2:>1:B:D16 <A?6 :A546 ;342;3>51K6 1>F64= 3<<355 %&'d*+ 6: 32>43K34 2:C43 : =3>BU<1: =6 K1=6 ;YCB1>6 L6B6 =62 ;46762 ?:<A?3<5612 =: 1<U>1: =: 2Z>AB: h 3? >:<546253 \2 ;46762 ?3=13K612 3 43<62>3<512562 @A3 346? O:<62 =3 B1K43 >14>AB679:0 -A2>6<=: : 3X3?;B: =3 6412 3<<355 <:2 ?:2546 @A3! 2 ;46762 ?:<A?3<5612 =: 2Z>AB: h 6: 433254A5A4643? 6 6DB:?34679: ;:;AB6>1:<6B =6 >1=6=3 433254A5A4646? 56?CZ? 6 LA<79: =6 ?6226 ;:4@A3 ?A=:A 6 B1C34=6=3 >:? @A3 62 ;322:62 ;:=3416? 23 43A<140 43A<19: 23 -c 35340 . 0.. C"0;0&T*0 =0 C1=0 ;0&&(&T*0 k AD:0 ! Q64=1<2 <: -4621B0 ;0T*Td0 5:4<:A A?6 651K1=6=3 32;3>16B1O6=6 @A3 6>:<53>16 3? 54P2 B:>612! <: >6LZ <: ;64@A3 ;646 ;3=325432 3 <: 53654:0..T ? :<=432 62 43L:4?62 :CQ351K6K6? 6L62564 :2 K3<=3=:432 6>4:C6562 LB:412562 64512562 =3 4A6 ;:12 62 ;46762 =3K3416? 234 ;433<>F1=62 ;:4 N4K:432 3 64CA25:2 6 3X3?;B: =3 6412 23 546<2L:4?6<=: <A? 32;67: =3 C3B3O6 3 6=?14679:0 G? :<=432 3 6412 6 433254A5A4679: =6 =3<21=6=3 ;:;AB6>1:<6B ;:4 ?31: =: ;B6<3Q6?3<5: =3 ;46762 43L43:A 6 ;4E;416 ;4676 >:?: BAD64 >3<546B =3 A2: ?YB51;B: =3 43A<19: 3 :C234K679:I0 3<<355 6>432>3<56 @A3 : 6<51D: B:>6B =3 3<>:<54: 6 ;4676 =3 A2: ?YB51;B: 3256K6 23<=: >:<2A?1=: ;3B: 32;67: >:?: ?:<A?3<5: 6 21 ?32?: 3? 6412 3 >:?: A? ?A23A =6 <65A43O6 3? :<=4320 ..* 2262 43L:4?62 6>6C646? ;:4 ?:=1L1>64 6 43B679: 3<543 1<=1KU=A:2 3<543 32546<F:2 <: 32;67: ;YCB1>: Z : @A3 3<<355 =12>A53! : 3?;:C43>1?3<5: : =3>BU<1: =6 K1=6 ;YCB1>6 <6 2:>13=6=3 1<=A25416B0 223 43:4=3<6?3<5: =: 32;67: ;YCB1>: B3K:A \ 6?;B1679: =6 32L346 ;41K6=6 \ L6?UB16 ;:4 3X3?;B:0 2 ;322:62 <9: 23 >:<F3>3? K1K3? 12:B6=62 6;3264 =6 6DB:?34679: =3 ;322:62 <62 >1=6=32 <:2 D46<=32 >3<54:20 : -4621B 6 :4D6<1O679: =: 32;67: ;YCB1>: 6>:?;6<F:A :2 ?:=3B:2 3A4:;3A2 >:?: 6 >:<254A79: =6 4676 =6 3;YCB1>6 <: 1: =3 $6<314: ;:4 3X3?;B: :2 Q64=1<2 C:5[<1>:2 32;6BF6=:2 ;3B: ;6U2 %6BK6=:4 34<6?CA>: A4: 435: 9: 6AB: A4151C6 -3BZ?+ =A46<53 :2 2Z>AB:2 hh 3 hh0..S *0. , $ 1<23479: =62 ;46762 <62 67H32 =6 43L315A46 <:2 6<:2 &'() 23 =3A 6546KZ2 =3 67H32 @A3 51<F6? >:?: :CQ351K: B3K64 6:2 C6144:2 ;:;AB6432 32;67:2 =3 B6O34 >:<254A1<=: ;46762 >:<2515AU=62 =3 @A6=462 ;646 6 ;4N51>6 =3 32;:453 3 ;64@A32 1<L6<512 3 32;67:2 >AB5A4612 =3251<6=:2 6 ;4:?:79: =6 >AB5A46 ;:;AB64 >F6?6=:2 =3 ;46762 =3 >AB5A460 3<54: =62 67H32 =3 1<534K3<79: <6 >1=6=3 3? &'(& =3A23 1<U>1: \ >:<254A79: =3 @A6=462 3 ;64@A32 1<L6<512 3? KN4162 ;46762 =6 >1=6=3 3 6 >:<254A79: =3 <:K62 ;467620 1>F64=09 $ ! 62 5146<162 =6 1<51?1=6=30 ;0d*d/0 =0 C1=0 L0 k AD:0 -!G 2 ;41?3146 ;4676 6 2:L434 1<534K3<79: L:1 6 4676 3=4: 3BF: B:>6B1O6=6 <: C6144: =3 354E;:B12 @A3 D6<F:A A? ;64@A3 1<L6<51B ;646 43>43679: =3 >416<7620 A46<53 5:=: 3223 6<: 6 43L315A46 >:<254A1A @A6=462 ;646 6 ;4N51>6 =: 32;:453 6?6=:4 <6 Z;:>6 :2 5:4<31:2 =3 C62@A353C:B KeB31 3 LA53C:B =3 26B9: :4D6<1O6=:2 ;3B6 B1D62 =3 C6144:2 431K1<=1>6K6? ?61:4 6;:1: =: ;:=34 ;YCB1>:0 6B3 43226B564 6 B1D679: =: 43L315: Q6B?6 646<F9: >:? 32;:453 B:>6B 53<=: 21=: ;4:L322:4 =3 =A>679: U21>6 =: 5F3<3A 3 LA<=6=:4 =: 23?6<N41: 32;:451K: : G5B356I %&'T/&'T'+ 3 =: >BAC3 =3 LA53C:B G5BZ51>:I..( =3251<6=: 6:2 23D?3<5:2 32;:451K:20 2 ;41?31462 @A6=462 >:<>BAU=62 L:46? 6 =6 4676 ADA25: 3153 <: -6144: =: 14:Bj <6 4676 $:9: 6BK9: <: -6144: =3 354E;:B12 <:2 -6144:2 =3 6D:6 3>6 3 =62 :>620 ? 2353?C4: =3 &'(& L:1 >:<254AU=6 6 4676 3:=:4: B:>6B1O6=6 <:2 LA<=:2 =: 25N=1: $AK3<6B 6?6451<30 : -6144: =62 :>62 B:>6B1O6=6 \ A6 1B=3C46<=: =3 E32 >4AO6?3<5: >:? 6 A6 9: $:9: L:1 >:<254AU=6 :A546 @A6=46 =3 32;:453 3 <6 :>6219: =6 1<6ADA4679: L:1 436B1O6=: A? 5:4<31: =3 C62@A353C:B >:? 6 ;6451>1;679: =:2 >BAC32 =: 62>: =6 6?6 1: 3D4: 3 6>1:<6B0 ..d : ;34U:=: >:?;433<=1=: 3<543 &'*) 3 &'() 2A4D146? KN41:2 >BAC32 =3 LA53C:B 3? 656B : @A3 546O16 6 <3>3221=6=3 =3 32;67:2 ;646 6 ;4N51>6 32;:451K60 A46<53 3223 ;34U:=: L:46? LA<=6=:2! 6 22:>1679: AB5A46B 32;:451K6 :51DA64 %&'*S+j :51DA64 2;:453 BAC3 %&'*(+j 6<>1<D 2;:453 BAC =62 :>62 %&'*'+j BA?1<3<23 A53C:B BAC3 =: B3>41? %&'*'+j ;146<D6 A53C:B BAC3 =3 6D:6 3>6 %&'S&+j B6?3<D: ;:45 BAC =3 354E;:B12 %&'ST+j 423<6B ;:45 BAC %&'ST+j : 6B?31462 A53C:B BAC3 %&'S*+ =62 :>62j : :45ADA326 ;:45 BAC =3 6D:6 :K6 %&'S*+j 6B:A4:2 C3>3=12562 A53C:B BAC3 <62 "A1<562 %&'S(+j 22:>1679: =6 %&'()+j 43O3 =6 1B6 ;:45 BAC =3 1X23;5 :26=: %&'(&+j :<6?a A53C:B BAC3 =62 :>62 %&'(*+j 22:>1679: BAC3 32;:451K6 2543B6 =: 64 =3 354E;:B12 %&'(*+0../ >:<254A79: =3 32;67:2 =3 B6O34 ;646 6 ;4N51>6 32;:451K6 346 A?6 431K1<=1>679: 6<51D6 =: 32;:453 6?6=:4 C3? >:?: 62 1<1>1651K62 =6 ;43L315A46 3? 43B679: 6 @A3259: A4C6<6 346? A?6 432;:256 \2 =3?6<=62 =6 ;4E;416 2:>13=6=30 ? &'(. 6 1<534K3<79: 3 6 >:<254A79: =3 <:K62 ;46762 >:<51<A646?0 3 &( =3 Q6<314: 6 &* =3 QA<F: 1<L:4?6 : Q:4<6B L:46? >:<254AU=:2 @A6=462 3 ;64@A32 <6 1B6 =: ;623 <: -6144: =: 14:Bj <: -6144: =3 1X23;5 :26=:j <: -6144: =6 3=1<F6j <6 -34<64=: 13146j 6 4676 6=43 $:9: 6416 L:1 43?:=3B6=6 G215A6<=:6 3<543 A? =:2 ?612 :6>a40 0 ;0&S0 >BAC3 L:1 LA<=6=: 3? &'T'0 $:4<6B 656B &T 2350 &'(&0 2 >BAC32 ?612 6<51D:2 L:46? LA<=6=:2 3? &'&S! - ?Z41>6 3 B3>41?0 F55;!RRqqq0L<L0:4D0C40 >3226=: 3? &&R)dR)/0 ?:=34<:2 ;62231:2 =3 <:226 >6;156BIj >:<254A79: =6 4676 =3 32;:45:2 3 =: ;64@A3 1<L6<51B <: -6144: =3 1X23;5 :26=:+ >:<254A79: =6 ;4676 :?6O 46YQ: <: C6144: =6 1=6=3 6B56 @A6=46 =: :2;156B :Be<16j ;64@A32 1<L6<512 B:>6B1O6=:2 QA<5: \2 @A6=462 <:2 C6144:2 =3 :K6 32>:C3456 <6 4676 $:9: 6BK9: <: -6144: =3 354E;:B12j <: -6144: =62 "A1<562 <6 1B6 =3 64D3<5:2 =: XZ4>15: 43256A4679: =6 4676 ADA25: 3K34: 3 6 >:<254A79: =: 6BN>1: =:2 2;:4532 <6 4676 3=4: 3BF:0..' .#D%( 1<N21: ?A<1>1;6B <6 Z;:>6 =3 2A6 >:<254A79:0 5A6B 1<N21: Q6B?6 646<F9: B:>6B1O6=: <6 4676 3=4: 3BF: <: C6144: =3 354E;:B120 :<53! :5: =12;:<UK3B 3? F55;!RRqqq0=F<350:4D0C40 !,6,+FC- 2 651K1=6=32 >AB5A4612 =: ?A<1>U;1: 346? :4D6<1O6=62 ;3B6 1435:416 =3 :>A?3<5679: 3 AB5A46 %+ .T)0 3<54: =6 :4D6<1O679: 6=?1<1254651K6 =6 ;43L315A46 3226 1435:416 3256K6 2AC:4=1<6=6 \ 3>4356416 =3 =A>679: AB5A46 3 6Y=3 =: A<1>U;1:0 L:1 433254A5A46=6 <6 43L:4?6 6=?1<1254651K6 =3 &'S( 3 ;622:A 6 234 >::4=3<6=6 ;3B: Q:4<6B1256 6<=:K6B k6<=34B3a0 :25341:4?3<53 622A?1A 6 >::4=3<679: =6 1435:416 6 C1CB1:53>N416 ,1B6 6?3=3 3 <6 23DA<=6 D3259: L1>:A 6 >64D: =6 LA<>1:<N416 ;YCB1>6 61B=3 6BK9: @A3 L:1 >:<K1=6=6 ;:4 Q6B?6 646<F9: ;646 622A?14 6 LA<79:0 $:4<6B 656B &* Q6<0 6 &( QA<0 &'(.0 61B=3 6BK9: 3? 3<543K1256 >:<>3=1=6 \ 6A5:46 3? &* =3 ?61: =3 .))T0 61B=3 6BK9: 346 LA<>1:<6416 ;YCB1>6 L3=346B <3223 ;34U:=: ;:4Z? >14>AB6K6 3<543 :2 6?1D:2 =3 Q6B?6 646<F9:! :<K342NK6?:2 @A6<=: <:2 3<>:<54NK6?:2 3 3A 546C6BF6K6 <: >:4431: 346 LA<>1:<N416 ;YCB1>6 L3=346B0 A K1K16 23?;43 <: D4A;: @A3 >:? 3B3 546C6BF6K6 %5;7" ; !/ "P;730/>.5.$+0 656B 346 A?6 >1=6=3 ?A15: ;3@A3<6 @A3 <E2 ;:=34U6?:2 >F6?64 =3 ;4:KU<>160 A? D4A;: =3 1<53B3>5A612 ;1<5:432 3 :2 @A3 K1K16? B1D6=:2 6 >AB5A46 6 B315A46 54:>6<=: B1K4:2 K1KU6?:2 23?;43 QA<5:20 A K1K16 <3223 D4A;: 3 Q6B?6 B:D: <6 ;41?3146 6=?1<1254679: ?3 >:<K1=:A ;646 14 546C6BF64 ?62 3A <9: @A120 A <9: @A3416 ?3 3<K:BK34 >:? ;:BU51>6 ?62 <6 2A6 23DA<=6 6=?1<1254679: A? =16 3B3 L:1 BN 3? >626 ?3 ;4:>A464 3 ?3 >:<K1=:A ;646 622A?14 6 1435:416 =3 :>A?3<5679: 3 AB5A46 ;:12 3B3 @A3416 L6O34 A? ;B6<: >AB5A46B 1<53D46=: 6 Z <: >F9: 6 >6?;6<F6 =3 6BL6C351O679:0.T& <6 ;41?3146 D3259: =3 Q6B?6 646<F9: LA<>1:<:A <: ?32?: B:>6B :<=3 F:Q3 LA<>1:<6 : 3654: 6<=:K6B k6<=34B3a <6 6K0 4321=3<53 -6<=3146 <: C6144: =: B3>41? : 6<51D: 3654: =: :K: 1<6ADA46=: <6 ;41?3146 6=?1<1254679:0 B1 56?CZ? LA<>1:<646? : A23A =3 453 :;AB64 [?646 62>A=: 3 A?6 =12>:53>60 ? &'() 6 ;622:A 6 LA<>1:<64 <: -6144: =6 1C3146 <6 6K0 A@A3 =3 6X162 <A?6 >626 6BAD6=6 =3 ;4:;413=6=3 =: ?Z=1>: $6<AN41: 1>>: :<=3 3256K6? 56?CZ? : D6C1<353 =: 23>435N41: 62 =1435:4162 =3 6Y=3 3 =?1<1254679:0.T. 3DA<=: 6BK9: 62 ;4:;:2562 3 ;4:Q35:2 6;4323<56=:2 ;:4 3B6 6 Q6B?6 646<F9: =3K3416? 234 325351>6?3<53 6;43>16=62 ;3B: 6451256 ;BN251>: 3q5:< 6K644: @A3 346 : >416=:4 =6 ;6453 645U251>6 3 3? 43B679: 6:2 3251K612 =3 :B>B:43 43>:441623 6: >:<F3>1?3<5: 325Z51>: =3 [?646 62>A=:0.TT ? 3<543K1256 >:<>3=1=6 6 1BK6 6BK9: 43B65:A : ;41?314: >:<565: @A3 53K3 >:? [?646 62>A=:! A LA1 \ >626 =3 62>A=: 6>:?;6<F6=6 ;:4 3q5:< 6K644: B:D: @A3 622A?10 B3 ?3 =3A A?6 6AB6 =: @A3 346 :B>B:43 : @A3 346 AB5A46 :;AB64 6BZ? =3 :L343>34 6BDA?62 2AD325H32 =: @A3 ;43>126K6 234 L315: 3 3X534<64 6BDA?62 >:C46<762 =3 >:1262 @A3 =3K16? 234 436B1O6=62 ;3B62 1<2515A17H32 3 <: 3<56<5: <9: 346? L315620 B3 <:2 3251?AB6K6 3 23?;43 23 >:B:>:A \ 61B=3 6BK9: 3? 3<543K1256 >:<>3=1=6 \ 6A5:46 3? &* =3 ?61: =3 .))T0 0 61B=30 '()+! >:<53>3A 3? 6C41B0 ;0&&d0 6416 =6 A16 =3 :AO60 ! "..0015 0 ;0'/0 =12;:2179:0 A<>6 436B1O6?:2 A? 3K3<5: >AB5A46B @A3 6<532 <9: : >:<2AB5N223?:20 :1 6C2:BA56?3<53 ;4323<53 <32232 ?:?3<5:2 ;34>3C1623 6 2A6 6B3D416 =3 K34 : @A3 3256K6 23<=: L315: ;41<>1;6B?3<53 <: ;34U:=: =3 656B0 .T* 1BK6 43226B56 @A3 6 43B679: =: 43L315: Q6B?6 646<F9: >:? : 32>415:4 [?646 62>A=: 23 =6K6 ;:4@A3 62>A=: G4322:6K6 <:2 ?31:2 ;:BU51>:2 3 1<53B3>5A612 >:?: A? <:?3 43D1:<6B =3 ;4:Q379: <6>1:<6BI 3 =: >:<565: @A3 : 32>415:4 QN 51<F6 >:? :A54:2 1<53B3>5A612 23? 2614 =3 656B 65A6<=: 3 ;ACB1>6<=: L:46 =: 256=:0 .TS 6 :;1<19: =3 3B: @A3 <6 Z;:>6 346 622322:4 >AB5A46B =6 [?646 62>A=: 51<F6 ;6451>1;679: G<: 23<51=: =3 @A3 <6 Z;:>6 3B3 QN 346 A? U>:<3 A? ?3=6BF9:I0 ?6 6A5:41=6=3 ?61:4 1<53B3>5A6B <: 256=:0 62>A=: :BF6K6 >:? ?A156 21?;6516 ;:4@A3 346 A? 546C6BF: =3 ;43234K679: =: L:B>B:43 =3 K6B:41O679: =6 6453 ;:;AB64 =3 K6B:41O679: =3 62;3>5:2 @A3 346? 1<5343226<532 ;646 62>A=: @A3 <6 Z;:>6 QN ;:22AU6 : 5U5AB: =3 F125:416=:4 =6 >1=6=3 =: 656B0.T( 226 43B679: QN 6>:<53>16 <6 ;41?3146 6=?1<1254679:0 : =323<K:BK1?3<5: =62 67H32 >AB5A4612 646<F9: ;4:>A46K6 =3?:>4651O64 6 >AB5A46 A<1<=: 3? 3K3<5:2 ;YCB1>:2 6 3B153 1<53B3>5A6B 3 : ;:K:0 3223 23<51=: 3? &'S( 3>1=3 436B1O64 A?6 ;4:D46?679: >AB5A46B <: F125E41>: :453 =:2 312 6D:2 >6C3<=: 6: 32>415:4 [?646 62>A=: : 43B65: =6 125E416 =: :4530 L:B>B:41256 34U221?: =3 3B: 6;4323<5:A 6 ;6453 2:C43 6 =6<76 L:B>BE41>6 -6?C3Be 0 6<76 5U;1>6 =:2 ;32>6=:432 =6 ;4616 =3 4316 4356 B:>6B1O6=6 <62 ;4:X1?1=6=32 =3223 :4530 :2 ;32>6=:432 ?:46=:432 =3226 ;4616 >6C3416 =6<764 : -6?C3Be0.Td ;4323<76 =3 1<53B3>5A612 >:?: [?646 62>A=: <62 651K1=6=32 >AB5A4612 =: ?A<1>U;1: <:2 B3K6 6 A?6 43LB3X9:0 43B679: 3<543 Q6B?6 646<F9: 3 62>A=: 23DA<=: 3B: 23 QA251L1>6K6 ;3B6 1?;:45[<>16 =3 62>A=: <:2 ?31:2 ;:BU51>:2 3 >AB5A4612 3 ;3B6 21?;6516 =3 62>A=: 3? 43B679: 6: 546C6BF: =323<K:BK1=: ;3B6 ;43L315A46 >:? 43B679: 6: L:B>B:43 F6Q6 K1256 234 62>A=: QN <6@A3B6 Z;:>6 >:<21=346=: A? D46<=3 1<53B3>5A6B =6 >1=6=3 3 =3 [?C15: <6>1:<6B0 :4 :A54: B6=: :2 ;:21>1:<6?3<5:2 ;:BU51>:2 =3 Q6B?6 6?C:2 346? =1256<532 : ;41?314: 53<=: 2A6 546Q35E416 ;:BU51>6 ?64>6=6 ;3B6 ;6226D3? ;3B: 6451=: 61B=3 6BK9: 3? 3<543K1256 >:<>3=1=6 \ 6416 =6 A16 =3 :AO6 1BK6 6;A= =0 C1=0 =0 C1=0 6AB: =3 642: :44316 =3 3B: 3? 3<543K1256 >:<>3=1=6 \ 6A5:46 3? .) =3 2353?C4: =3 .))(0 6416 =6 A16 =3 :AO60 ! "..0015 0 ;0d*0 :?A<1256 3 ;:4 ;6451=:2 =3 C623 <6>1:<6B1256 3 : 23DA<=: 6;3264 =3 2A6 =3 =3=1>679: \ >AB5A46 ;:;AB64 346 A? 1<53B3>5A6B >:<234K6=:4 L:1 1<53D46B1256 3 >::4=3<6=:4 =: ?:K1?3<5: <: <:4=3253 L:1 56?CZ? ?:<64@A1256 3 ?6<53K3 6BDA?6 ;4:X1?1=6=3 >:? : ?:K1?3<5: 5$ 3 >:? ?1B156432 1<LBA3<532 <: 43D1?3 =3 (*0.T/ <54356<5: <: ;43LN>1: =6 ;41?3146 TM 3=179: =6 ;B6@A353 32>4156 ;:4 Q6B?6 646<F9: 2:C43 [?646 62>A=: 64>:2 646<F9: L1BF: =3 Q6B?6 646<F9: 43>:4=6<=:23 =3 2A6 1<L[<>16 =32>43K3 6 43B679: =3 6?1O6=3 3<543 : ;61 3 62>A=:! 6B64 2:C43 >62>A=: Z 3K:>64 A? <:?3 5A53B64 =3 ?1<F6 1<L[<>16 6=:B32>P<>16 3 1=6=3 6=AB560 1<F6 ?93 N416 6K6B>6<51 646<F9: L:46 2A6 6BA<6 <: 6<51D: 5F3<3A %D:B6 6OAB+ L65: 23?;43 43B3?C46=: 6L351K6?3<53 ;:4 62>A=:0 A6 32;:26 :<6 F6B16 3 ?1<F6 ?93 346? C3? 43B6>1:<6=62 3 A<1=62 ;3B6 ;4323<76 >:<256<53 =3 <6 6416 1 . 3<543 <E20.T' 43B679: =3 Q6B?6 646<F9: >:? 62 32L3462 >:<234K6=:462 =6 2:>13=6=3 L:1 3K1=3<53 56?CZ? <6 ;:BU51>6 ;:12 56<5: 3? &'S( >:?: 3? &'() 6B1:A23 \2 L:4762 ;:BU51>62 @A3 =:?1<6K6? : ;:=34 3256=A6B ;646 >F3D64 6: ;:=34 >:?: L:1 =12>A51=: <: ;41?314: >6;U5AB:0 2262 43B67H32 43K3B6? 6 <:22: K34 A? ;:BU51>: 6: >:<54N41: =: @A3 : G?15: Q6B?6 646<F9:I 546O =3 A? ;:BU51>: 43K:BA>1:<N41: ?62 =3 A? ;:BU51>: @A3 23 ;43:>A;:A >:? 6 ;43234K679: =62 546=17H32 ;:;AB6432 3 >:? : ;4:D4322: =6 >1=6=3 =3 656B >:? 62 43L:4?62 2:>1612 >:? :2 ;4:CB3?62 A4C6<:2 @A3 BF3 346? 1?;:25:20 ? 43B679: 6: 6451256 ;BN251>: 3q5:< 6K644: 3253 346 LA<>1:<N41: =6 23<=: A? =:2 622322:432 =3 61B=3 6BK9:0 656B3<23 <62>1=: 3? &'./ 3q5:< 6K644: =32=3 :2 6<:2 &'S) QN 346 A? 6451256 @A3 23 =3256>6K6 <6 >1=6=3 =3 656B 56?CZ? 346 ;:356 3 32>415:4 L:1 : 6A5:4 =: ;61<3B =6 6B3416 =3 453 >:<254AU=6 3? &'(T <6 ;4676 <=4Z =3 BCA@A34@A30.*) :2 ?:B=32 =6 :4D6<1O679: =: 6 =1435:416 61<=6 346 >:?;:256 ;:4 A?6 3@A1;3 =3 546C6BF: @A3 <6 Z;:>6 346! 61B=3 1<5: %1435:46+ 3 3q5:< 6K644: U216 -3O3446 =3 3=314:2 3 6AB: =3 642: :44316 =3 3B: %22322:416 AB5A46B+j e<1>6 1K314:2 L0 26C3B 3Ca4176 %-:B21256 =3 <1>1679: 13<5UL1>6 =: 4:Q35: :=34<:2 32>:C41?3<5:2 1:+0 [?646 62>A=: 3 : ;3<26?3<5: >:<234K6=:40 12;:<UK3B 3? F55;!qqq0F125:4163 >AB5A460;4:0C4R?:=34<:2=32>:C41?3<5:20 >3226=: 3? )SR)dR)/0 Q6B?60 .! ?32543 =: L:B>B:43 C4621B314:0 T03=0 656BR! 3C: 34?3BF: &'''0;0'0 L00 3q5:<0 1<F6 Z;:>6 ?3A ;:K: ?1<F6 D34679: %=3;:1?3<5:+0 <! 64>:20 [?646 .<J3.JT0 A34462 =: B3>41?0 656B! .))d0;0 (d&)&0 %3>4356416 =?1<1254651K6+j 64B:2 1:2 3 B1LN 6?3=3 %35:4 =3 -1CB1:53>6+j <5e<1: 6?;:2 3 1BK6 %35:4 =3 32@A126+j 3q5:< 6K644: 3 6;:<1 46YQ: %35:4 =3 A23:B:D16+j 3 BE416 B1K3146 %35:4 =3 :>A?3<5679: :5:D4NL1>6 3 3?34:53>6+0.*& 1435:416 6;4323<56K6 >:?: B1<F6 CN21>6 =3 2A62 651K1=6=32 B3K64 >AB5A46 ;646 6 ;:;AB679:0 >::4=3<6K6 : :46B 3 -6<=6 =6 1=6=3 : 3654: =: :K: A? 546C6BF: =3 ;43234K679: 3 >656B:D679: =:2 D4A;:2 L:B>BE41>:2 =3 622125P<>16 6 32532 D4A;:2 3 =3 1<>3<51K: \ L:4?679: =3 D4A;:2 1<L6<512 62 ;46762 =3 >AB5A46 62 C1CB1:53>62 6 D6B3416 =3 6453 3 : ?A23A =3 6453 ;:;AB640 :? : :CQ351K: =3 =3?:>4651O64 6 >AB5A46 \2 KN4162 651K1=6=32 >::4=3<6=62 ;3B6 >F6?:A23 =3 :0J5. 0.G0.*. !,6,6 C-G C 1BK6 6L14?6 @A3 <:2 ;41?314:2 6<:2 =6 =Z>6=6 =3 &'() 656B 3253K3 3<K:BK1=6 ;34?6<3<53?3<53 3? 651K1=6=32 ;:BU51>:3=A>651K62>AB5A4612 :4D6<1O6=62 ;3B: D:K34<: 646<F9:0 2 ?A=6<762 346? ;34>3;5UK312! 6 ;4323<76 >:<256<53 =: ;:K: <62 ;46762 3 <62 4A62 =6 >1=6=30 6K16 A? >B1?6 =3 L3256 ;34?6<3<530 ? 5:=:2 :2 BAD6432 <: >3<54: 3 <:2 C6144:2 :2 ;6B6<@A32 346? 64?6=:2 ;646 :2 32;35N>AB:2 =:2 6A5:2 =3 L:B>B:43 >:?: :2 L6<=6<D:2 3 C6?C3Be 6BZ? =62 L32562 QA<1<62 >:? C6446>62 @A6=41BF62 ;625:41B 62 ;46762 =3 >AB5A46 >:? 23A2 =3C6532 L31462 =3 B1K4:2 6 D6B3416 =3 6453 >:? 2A62 3X;:217H320 .*T N41:2 ;:<5:2 =6 >1=6=3 23 546<2L:4?6K6? 3? 32;67:2 L3251K:2 32;3>16B?3<53 6 ;4676 ;YCB1>60 A6453 <:2 43B656! Q6B?6 646<F9: 346 ?A15: ;43:>A;6=: >:? 6 >AB5A46 ;:;AB640 >1=6=3 23 3?C3B3O6K6 >:? 6 =3>:4679: >:? :2 D4A;:2 L:B>BE41>:2 @A3 23 3X1C16? 3? ;4676 ;YCB1>60 : >64<6K6B 3B3 L6O16 A?6 D46<=3 L3256 ;:;AB64 : ;:K: C41<>6<=: <6 4A6 3 3B3 6 L43<53 =62 >:?3?:467H32 >64<6K6B32>620 4D6<1O:A 62 B6;1<F62 :2 C6?C3Be2 : 464A<6 @A3 346 A?6 =6<76 ?A15: ;:;AB64 3 53K3 ?A156 ;4:Q379: <: 23A D:K34<:0 :=62~ 2 L6<=6<D:2 56?CZ?0 2 @A6=41BF62 <:4=3251<62 <: 9: $:9: 5A=: 122: 3B3 3X1C16 3? ;4676 ;YCB1>60 6O16 3223 <3DE>1: =3 >:46B <62 ;46762 ;YCB1>62 6B1 <6 4676 <=4Z =3 BCA@A34@A3 3 62 43543562 >:? 62 C6<=62 ?1B1564320 22: =3A ?A156 3K1=P<>16 <: D:K34<: =3B30 Q6B?6 ;43251D16K6 ?A15: 6 >AB5A46 ;:;AB640.** 6AB: =3 642: :44316 =3 3B: 3? 3<543K1256 >:<>3=1=6 \ 6A5:46 3? .) =3 2353?C4: =3 .))(0 6AB: =3 642: :44316 =3 3B: 3? 3<543K1256 >:<>3=1=6 \ 6A5:46 3? .) =3 2353?C4: =3 .))(0 6416 =6 A16 =3 :AO60 ! "..0015 2;0&)'0 1>16<: A6453 3? 3<543K1256 >:<>3=1=6 \ 6A5:46 3? .& =3 ?61: =3 .))T0 >1=6=3 =A46<53 5:=: 6<: 6;4323<56K6 A? >6B3<=N41: L3251K: @A3 3? =3534?1<6=62 =6562 546<2L:4?6K6 62 4A62 =:2 C6144:2 =3 656B 3? 32;67:2 =3 L3256 =3 =6<76 =3 B153465A460 Q6B?6 646<F9: 51<F6 A? 1<5343223 32;3>16B ;3B62 ?6<1L32567H32 >AB5A4612 =: ;:K: .*S 3 23<=: 6221? ;4:>A4:A 6=:564 ?3=1=62 @A3 >:<=AO1223? ;:4 A? B6=: 6 =3?:>4651O679: =6 >AB5A46 >:? 6 ;43234K679: =3 546=17H32 3 ?6<1L32567H32 ;:;AB6432 =6 >1=6=3j 3 ;:4 :A54: 6 26512L679: 3 : =1K3451?3<5: =6 ;:;AB679:0 1<=6 <6 ;41?3146 6=?1<1254679: 6 23<=: =141D1=6 ;3B: Q:4<6B1256 6<=:K6B k6<=34B3a L:46? :4D6<1O6=:2 3251K612 =3 :B>B:43 3 3146 =3 1K4:2 L3251K1=6=32 ;:;AB6432 >:?: 62 L32562 QA<1<62 : <656B : >64<6K6B 3 3K3<5:2 23?3BF6<5320 2232 L3253Q:2 346? ;654:>1<6=:2 ;3B6 ;43L315A46 3 436B1O6=:2 <:2 C6144:2 ;:;AB6432 =6 >1=6=3 5612 >:?: B3>41? "A1<562 :<56 3D46 :>62 3 4316 43560 ;43L315A46 LA<=:A 3? &'S( <6 4321=P<>16 =3 AU2 =6 [?646 62>A=: 6 2:>13=6=3 . =3251<6=6 6 43A<14 =6<762 6<51D62 3 =326;643>1=620 226 2:>13=6=3 346 G ;41?3146 l000m =3223 DP<34: <: <:453 =: -4621B ;:12 3<51=6=3 23?3BF6<53 2E 3X125l16m <: 1: 46<=3 =: AB! 9 ;. UDV2 ;43L315A46 56?CZ? =::A : ;4Z=1: @A3 23416 6 23=3 =6 2:>13=6=3 .0.*( LA<=6=:4 =: 4A;: 464A<6 L:1 : 6D41>AB5:4 :4<ZB1: 6?;1<6 =6 1BK6 <65A46B =3 :456B3D43R @A3 3? &'.' ?A=:A23 >:? 6 L6?UB16 =3 4316 -46<>6 ;646 656B 6:2 &d 6<:20 ? 656B ;622:A 6 546C6BF64 3? A?6 L14?6 <6 A6 F1B3 <: C6144: =6 1C3146 3 =3;:12 >:?: =32>6443D6=:4 =3 >64<3 <:2 <6K1:2 6?341>6<:2 <: ;34U:=: =6 A34460 .*d3DA<=: 3A :4<ZB1: >:?: 346 >:<F3>1=: L:1 <: 6<: =3 &'*' <:2 L3253Q:2 =3 9: $:9: =3;:12 =6 @A6=41BF6 QA<1<6 3B3 >:B:>6K6 :2 L6?1B16432 ;646 =6<764 G6@A3B6 =6<76 @A3 Z =3 A? 6<53;6226=: =6 ?1<F6 L6?UB16I0 223 1<5343223 QN 346 >:<L14?6=: <6 =Z>6=6 =3 &'*) Z;:>6 3? @A3 Q6B?6 646<F9: L:1 3>435N41: =3 AB5A46 =6 43L315A46 =3 3<51B 3443146 3 ;4321=3<53 =6 3=34679: 64<6K6B32>6 =3 656B 6;:16<=: :2 L3253Q:2 ?:?32>:2 ;4:?:K3<=: >:<>A42:2 =3 ?Y21>6 3 ;43?167H32 \2 6D43?167H32 >64<6K6B32>62 3 3256<=: 23?;43 ;4323<53 \2 ?6<1L32567H32 ;:;AB6432 =3 3<59:0 L0 BNK16 =3 N0 0.0.! >64<6K6B 3 >:51=16<: =3 DA3446 3? 656B &'.)&'*S0 656B! .))S0 j 3 WWWWWWW %4:5314: 3 =14379:+0 000 =3 :A54:2 >64<6K6120 U=3: =:>A?3<5N41: %&.rSdrr =A4679:+0 656B! .))S0 <1K34215N416 &''(0 $:4<6B .S 2350 &'S(0 :4<ZB1: 6?;1<6 =6 1BK6 3? 3<543K1256 >:<>3=1=6 \ 6A5:46 3? .S =3 :A5AC4: =3 .))(0 L0 BNK16 =3 N0 0.0.! >64<6K6B 3 >:51=16<: =3 DA3446 3? 656B &'.)&'*S0 ;0&&& &&.03A :4<ZB1: 6?;1<6 =6 1BK6 L6B3>3A 3? .))d >:? '' 6<:20 A LA1 : >416=:4 LA1 3A @A3 51K3 6 B3?C46<76 =3 L:4?64 ;:4@A3 6@A3B6 =6<76 Z =: 6<53;6226=: =6 ?1<F6 L6?UB160 <59: 3A C:531 A?6 >146<=6 <6 4:76 6U @A6<=: 51K346? 6 =6<76 =: 9: $:9: 3? &'*' 6U @A6<=: 3A C:531 6 @A6=41BF6 6U 3A B3?C431 =6 =6<76 @A6<=: 534?1<6K6 6 @A6=41BF6 3A C:56K6 6 =6<76 3 =6<76K6 65Z ?316 <:1530 :4@A3 6@A1 : @A3 51<F6 =3 1<LBAP<>16 346 LA53C:B 3 >1<3?6 3<59: 3A C:531 6 =6<76 3 K1<F6 D3<53 =3 9: :<76B: K1<F6 D3<53 =3 5:=: >6<5: 6: 43=:4 =3 656B 65Z =3 D6;E0 .*/ ? =3;:1?3<5: 3A :4<ZB1: >:?: 346 >:<F3>1=: <:2 L6B:A =: 1<5343223 =3 [?646 62>A=: 3 =: 43L315: Q6B?6 646<F9: 3? >:<F3>34 6 =6<76 @A3 6546U6 56<56 D3<530 3B65:A <:2 @A3 L:1 [?646 62>A=: @A3? =3A : <:?3 464A<6 \ =6<76 1<K3<56=6 ;:4 3B30 :1 <: 53?;: @A3 >F3D:A 6:2 :AK1=:2 =3 [?646 62>A=: =3 Q6B?6 646<F9: @A3 <6 Z;:>6 346 ;4321=3<53 346 ;43L315:0 U 3B32 6>F646? 6 =6<76 ?A15: C:60 U Q6B?6 ?3000 U @A6<=: 3A C:531 6 =6<76 6;643>3A A? >1=6=9: =6 C6<=6 =3 :22:4E @A3 ?:46K6 <6 A6 F1B3 3 ?3 >F6?:A! G23A :4<ZB1: K:A 5:?64 >:<56 =3 K:>P2 3 =: D4A;: 3 K:A C:564 : <:?3 =6 2:>13=6=3I 3 C:5:A : <:?3 =3 :4=3B6<620 5Z 6U 16 ?A15: C3? 3A 6>31531 ;:4@A3 3A ;43>126K6 =3 6QA=6 56?CZ?0 U >F3D:A 6:2 :AK1=:2 =3 [?646 62>A=: @A3 53K3 ?A15: ;46O34 =3 534 ?3 6>:?;6<F6=: 23?;43 3 >:<K3426K6 ?A15: >:?1D: 23?;43 16 BN ?6<=6K6 ?3 >F6?64 51<F6 A?6 3?;43D6=6 ;6226K6 <6 ?1<F6 ;:456 BN ;46 C6<=6 =6 :A546 4A6 @A3 3B6 ?:46K6! G23A :4<ZB1: ?3A ;6549: ?6<=:A =1O34 @A3 : 23<F:4 L:223 BN >:<K34264 >:? 3B3I 3 3A 160 ?;:456<53 >:?3>31 6 L1>64 >:? 6 =6<76 =6<>31 ;643>3 @A3 A<2 S :A * 6<:2 :A T 6QA=6K6 : ;322:6B 3 =6<76K6 ?62 <9: 346 2:>13=6=3 <9: 346 43>:<F3>1=6 >:?: 2:>13=6=3 <9: 346 43>:<F3>1=6 >:?: 6A5:41=6=3 ;YCB1>60 U A12 =6 [?646 62>A=: 2:AC3 3 ?6<=:A ?3 >F6?64 ?6<=:A A?6 >:?151K6 3 >:<K342:A >:?1D: 3 =1223 G32543000I 3 Q6B?6 =1223 @A3 16 D3<53 BN 3 F6Q6 D3<53 C:564 <:?3 C:564 :A54: 6U =1223 AU2 =6 [?646 62>A=:! G?32543 : <:?3 464A<6 <9: 234K3 ;46 C:564 : <:?3 =6 2:>13=6=3i <:?3 =6 =6<76i <59: L1>6 464A<6 6 C6<=3146 =6 2:>13=6=30 464A<6 2:>13=6=3 =3 =6<762 6<51D62 3 23?1 =326;643>1=62I0 :1 C:56=6 ;:4 AU2 =6 [?646 62>A=:0.*' 3;:12 =3 >416=6 6 :>13=6=3 464A<6 3A :4<ZB1: ;622:A 6 L6O34 62 6;4323<567H32 <: C6144: =3 93 AUO6 :<=3 ?:46K6 >:<254A1<=: : ;4E;41: ;6B6<@A30 5Z @A3 3? &'S( Q6B?6 646<F9: =::A A? 53443<: ;646 6 >:<254A79: =6 23=3 =6 :>13=6=3 B:>6B1O6=: <: -6144: =62 :>62 <6 A6 146?64 >4AO6?3<5: >:? 6 A6 -3B: :41O:<53 @A3 61<=6 F:Q3 3X12530 :4<ZB1: 6?;1<6 =6 1BK6 3? 3<543K1256 >:<>3=1=6 \ 6A5:46 3? .S =3 :A5AC4: =3 .))(0 :4<ZB1: 6?;1<6 =6 1BK6 3? 3<543K1256 >:<>3=1=6 \ 6A5:46 3? .S =3 :A5AC4: =3 .))(0 U @A6<=: L:1 3? &'S( Q6B?6 =:A A? 53443<: 3B3 =3A A? 53443<: 6U 3A ?6<=31 644A?64 ?653416B =3 51Q:B: 3 >1?3<5: 6U 3B3 =3A 6 6;4323<5679: <: 53654: BC345: 646<F9:0 U 3A LA1 L6O34 A?6 6;4323<5679: BN ;6D6<=: 6U 3A 51<F6 @A3 14 <6 KZ2;346 ?62 3A <9: LA1 <6 KZ2;346 LA1 <: =16 6 ?3<1<6 ;6D6<=: :2 1<D4322:2 6U =3A ;:A>:0 =1<F314: @A3 =3A 3A LA1 >:?;464 ?653416B ;46 L6O34 : ;4Z=1:0 6 =6<76 L1>:A 61<=6 F:Q3 @A6<=: ?3 >:<K1=6 3A K:A =6<764 <A? >6<5: =6<764 <: :A54: ;6D: ;6D6? ;46 L6O34 62 6;4323<567H32 23 L:4 ;46 L:46 ;6D6? : >6>FP =9: 546<2;:453 3 F:2;3=6D3? 23 L:4 6@A1 ?32?: 3B32 ;6D6? 3A L67: 6 6;4323<5679: 3 =3;:12 43>3C: : ;6D6?3<5:0.S) : >6?;: =6 B153465A46 :2 32>415:432 B:>612 D6<F6K6? 1<>3<51K: ?A<1>1;6B 6546KZ2 =62 ;ACB1>67H32 =3 23A2 546C6BF:2 : @A3 L6K:43>3A 6 6C345A46 =3 <:K62 ;342;3>51K62 ;646 6 ;4:=A79: B1534N416 =: 256=:0 3223 23<51=: ;:=3?:2 >1564 6 ;ACB1>679: =6 ;B6@A353 1<515AB6=6 05 G N =3 6A5:416 =: L:B>B:41256 34U221?: =3 3B: 3 6 ;ACB1>679: =3 6A5:416 =3 62>A=: ;:4 :>6219: =: TSdn 6<1K342N41: =6 LA<=679: =6 >1=6=3 =3 A? K:BA?3 1<515AB6=: 9/0<0 =6<=: 1<L:4?67H32 F125E41>62 2:C43 :2 <:?32 @A3 C651O6? 62 6K3<1=62 4A62 ;46762 546K32262 C6144:2 35>0.S&0 ? &'(& L:1 ;ACB1>6=6 6 ;B6@A353 . 8 0 1 =3 6A5:416 =3 Q6B?6 646<F9:0 46 <62 31462 =3 1K4:2 ;4:?:K1=62 <62 ;46762 =6 >1=6=3 @A3 :2 32>415:432 ;ACB1>6K6? 2A62 :C4620 6 ;4676 c3<<3=a G543>F: =6 4A6 $:9: 322:6 >:?;433<=1=: 3<543 6 N=1: :4=3253 3 : <:K: >:<51<3<53I.S. 543>F: 56?CZ? >F6?6=: <6 Z;:>6 =3 : 46<=3 :<5: :A ;4676 =6 1?;43<26 B:>6B1O6=6 <: >3<54: =6 >1=6=3 346? 64?6=62 C6446>62 :<=3 62 B:Q62 =3 B1K4:2 =6 >1=6=3 3 :2 32>415:432 6B1 3X;A<F6? 23A2 546C6BF:20 ;41?3146 L3146 =3 B1K4:2 =3 656B L:1 <:51>16=6 >:?: A? 6>:<53>1?3<5: 43K:BA>1:<N41:.ST :>:441=: <6 ;41?3146 23?6<6 =3 =3O3?C4: =3 &'Sd K3<=3A &0&.) B1K4:20.S* A546 651K1=6=3 >AB5A46B 436B1O6=6 =A46<53 6 ;41?3146 6=?1<1254679: =3 646<F9: L:46? :2 0 @A3 43A<16? :2 =1K342:2 D4A;:2 L:B>BE41>:2 3 546<2L:4?6K6? 62 ;46762 3 4A62 =:2 C6144:2 =3 656B 3? 32;67:2 =:2 L3253Q:2 ;:;AB64320 ;4323<56K6?23 :2 23DA1<532 D4A;:2! 6<=6<D: <6 4A6 =:2 6<1<=Z2 <: B3>41?j -616<62 <6 4A6 9: 346B=: <62 "A1<562j 6;1<F6 <: -6144: 9: 3C62519:j 625:41B 3? 6D:6 3>6j -:1 6B3?C6 <6 6D:6 3>6j :4<ZB1: 6?;1<6 =6 1BK6 3? 3<543K1256 >:<>3=1=6 \ 6A5:46 3? .S =3 :A5AC4: =3 .))(0 $:4<6B 656B .S 2350 &'S(0 $:4<6B 656B &T <:K0 &'Sd0 $:4<6B 656B T) <:K0 &'Sd0 $:4<6B 656B )T)( =3O0 &'Sd0 F3D6<76 <: -6144: -:6 :453 %:44: -46<>:+j -6?C3Be O6 -46<>6 <: B3>41?j F3D6<76 3? 354E;:B12 <6 4A6 =: ?:5:4j -6?C3Be =3 6B1O5: 3? 354E;:B12j 625:41B 3? D6;Ej 6<=6<D: 3? -644314:j :<D:2 =3 61:532 6>:?;6<F6=: =3 43C3>6 3? 3D: :B314:j :<D:2 =3 6B7:B62 3? :<56 3D46 3 -:1 6B3?C6 =3 :<56 3D460.SS 2232 L3251K612 =3?:<2546K6? : 1<5343223 =3 646<F9: 3? 3251?AB64 62 546=17H32 <: 231: =62 ;:;AB67H32 ?3<:2 6C6256=620 >6B3<=N41: L3251K: 56?CZ? 3<DB:C6K6 : >64<6K6B :2 L3253Q:2 QA<1<:2 3 <656B1<:20 :?: :2 3251K612 =3 :B>B:43 32262 L32562 6>:<53>16? 3? KN41:2 C6144:2 =3 656B 3 654679: ;41<>1;6B 346? :2 D4A;:2 L:B>BE41>:20 >64<6K6B 346 <6 Z;:>6 A?6 D46<=3 L3256 ;:;AB64 @A3 6>:<53>16 <62 4A62 =: >3<54: =6 >1=6=3 =A46<53 54P2 =1620 ;43L315A46 L1<6<>16K6 :2 >BAC32 >64<6K6B32>:2 ;646 6 ;43;64679: =: >64<6K6B0 3256>6?:2 : >64<6K6B =3 &'S/ <: @A6B <:51>16 : Q:4<6B >:?: : 534>314: ?3BF:4 =: -4621B0 2 32L:47:2 =32;43<=1=:2 ;3B: 43L315: =6 >6;156B ;646 @A3 51KZ223?:2 A? >64<6K6B @A3 3X>3=3223 5:=6 3 @A6B@A34 3X;3>5651K6 3259: ;B3<6?3<53 >:?;3<26=:2 =16<53 =6 <:5U>16 @A3 <:226 43;:456D3? >:BF3A =3 @A3 KN4162 3?122:462 =: 2AB =: ;6U2 B3K6<56<=: A?6 32565U251>6 2:C43 6<1?679: =: 54U=A: ?:?32>: >:<21=34:A : >64<6K6B <656B3<23 : 534>314: ?3BF:4 =: -4621B0 >64<6K6B ?612 6<1?6=: L:1 =: 3>1L3 3 : 23DA<=: BAD64 >:AC3 6: 1: =3 $6<314:0 =32L1B3 =:2 CB:>:2 6 :4<6?3<5679: ;15:432>6 6 =12541CA179: =3 ;4P?1:2 6 ;4:LA29: =3 >644:2 6B3DE41>:2 6 K1C4679: <:2 >BAC32 6 ?:K1?3<5679: <62 4A62 6 1BA?1<679: L3Z41>6 5A=: 3<L1? @A3 >:<541CA1A ;646 : PX15: =:2 L3253Q:2 ?:?32>:2 6B>6<7:A =:2 3256=:2 =: 2AB 6546KZ2 =6 >6=316 L:4?6=6 ;:4 3?122:462 =6@A3B6 ;6453 >:? 6 N=1: :4=32530.S( 62 L32562 =3 9: $:9: :2 C6144:2 =3 :<56 3D46 "A1<562 B3>41? :>62 3 4316 4356 3 <: 6<5: =: 6<DA3 346? 1<256B6=:2 ;6B>:2 ;646 6 6;4323<5679: =62 =6<762 ;:;AB6432 >:?: :2 C6?C3Be2 :2 >:<D:2 :2 >:>:2 =3 4:=6 62 >6;3B1<F62 =3 ?3B9: 3 KN41:2 :A54:2 51;:2 =3 L:BDA3=:2 6BZ? =62 @A6=41BF620 <62 >:?3?:467H32 =3 656B :2 C6144:2 =6 1=6=3 B56 B3>41? 3 :>62 346? :4<6?3<56=:2 >:? N4K:432 =3 <656B 3 ;432Z;1:20 2 3D4314:2 3? 23A =3;:1?3<5: 26A=:21256 <:2 43B656! $:4<6B 656B )& =3O0 &'Sd0 $:4<6B 656B .. L3K0 &'S/0 @A3 ?612 ?3 =N 26A=6=3 =6@A3B3 53?;: 346 : 53?;: <656B1<:0 :>P <9: ;:=3 >6B>AB64 <3? 1?6D1<640 <59: ;646 @A3? >:<F3>3A 656B <: ?P2 =3 656B : >1>B: <656B1<: @A3 Q6B?6 L6O16 436B?3<53 346 A?6 =62 >:1262 ?612 C:<15620 A <9: 231 656B 346 3<K:BK1=6 <A?6 65?:2L346 <A?6 Z;:>6 @A3 6B1 <6 6K0 1: -46<>: 5:=62 62 <:1532 6@A3B6 ?AB51=9: 1<=: 3 K:B56<=: <6 6K0 1: -46<>:0 6=6 32@A1<6 51<F6 A? <9: 53? 6@A3B6 L6?:26 l54:K6m! 6=6 32@A1<6 656B >6;156B G1: 46<=3 =: :453 >6;156B 656B0 6=6 32@A1<6 3? >6=6 4A6 3? >6=6 32@A1<6 A? ;:356 3? >6=6 4A6 A? Q:4<6B0 <59: 6B1 <6 6K0 1: -46<>: 346? &S =162 A? ?P2 \ <:153 6@A3B32 D4A;:2 L:B>BE41>:2 23 6;4323<56<=:0 ?6 =62 >:1262 ?612 C:<1562 @A3 51<F6 346 :2 ;625:4120 625:412 346 : ?:?3<5: 346 : PX5623 =6 ;:3216 1<DP<A6 3 546<2>3<=3<530.Sd *0T , 2 ;46762 =3 >AB5A46 2A4D3? <: :K1?3<5: =3 AB5A46 :;AB64 =3 3>1L3 1=36B1O6=62 ;3B: ;4:L322:4 6AB: :2620 ;4:;:256 =62 ;46762 =3 >AB5A46 =3 6>:4=: >:? 6 =:>A?3<5679: =: 346 6 >41679: =3 32;67:2 >AB5A4612 =3 6453 >1<3?6 53654: 35>0 @A3 3256416? B:>6B1O6=:2 3? C6144:2 ;:;AB6432 >:? : :CQ351K: =3 43A<14 6 ;:;AB679: ;646 651K1=6=32 3=A>651K62 >AB5A4612 3 43>43651K620 .S/ 2232 BAD6432 6;4323<56K6? :CQ351K:2 32;3>UL1>:2 32;67:2 =3534?1<6=:2 3 A? ;YCB1>: 6BK: >:?;:25: 3? 2A6 ?61:416 =3 325A=6<532 3 546C6BF6=:4320 4353<=16? GL6K:43>34 : =323<K:BK1?3<5: =6 >:<2>1P<>16 >4U51>6 6546KZ2 =3 =3C6532 ;:BU51>:2 @A3 @A6<=: ;:22UK3B =3K34l16?m 234 L315:2 >:? 6 ;6451>1;679: =:2 <Y>B3:2 ;:;AB6432j =323<K:BK34 6 >6;6>1=6=3 >AB5A46B =: ;:K: 6546KZ2 =3! 3X;:217H32 =3 6453 53654: ;4:D46?62 =3 >1<3>BAC32 >BAC32 =3 B315A46 32;:4532 35>I0.S' 646 @A3 32232 :CQ351K:2 L:223? 651<D1=:2 346? =323<K:BK1=62 651K1=6=32 @A3 23 >646>5341O6K6? ;3B6 A51B1O679: =3 ?31:2 =3 >:?A<1>679: >:?: 4N=1: 53B3K129: >1<3?6 53654: 1?;43<26 C1CB1:53>6 ?Y21>6 ;:;AB64 3 L:B>BE41>6 .() 2 651K1=6=32 346? 436B1O6=62 >:? : :CQ351K: =3 1<254A14 =3 3=A>64 :2 L43@s3<56=:432 <6 CA2>6 =3 A?6 >:<2>1P<>16 >4U51>60 :<21=346?:2 @A3 6 ;4676 346 A? 32;67: 325465ZD1>: 3 =3 1<254A79: <6 ?3=1=6 3? @A3 F6K16 : ;4:;E215: =3 1<254A14 :2 L43@s3<56=:432 >:? K6B:432 3 1=Z162 =3L3<=1=:2 ;3B: 0 6<=342:< 3D4314:2 3? 3<543K1256 >:<>3=1=6 \ 6A5:46 3? &d =3 :A5AC4: =3 .))(0 2?64 %4D0+0 . 0. . .5 . ! ?3?E416 =:2 6<:2 ()0 1: =3 $6<314:! =17H32 466B &'/T0;0.T&0 =0 C1=0 =0 C1=0 ;0.T(0 3@A1;3 =: 432;:<2NK3B ;3B: 546C6BF: <62 ;46762 346 >:<2515AU=6 =3 6<1?6=:4 =3 =3C6532 C1CB1:53>N41: 43>436=:4 3 =: :4D6<1O6=:4 =3 D4A;:2 @A3 L1>6K6 3<>6443D6=: =: ;B6<3Q6?3<5: =62 651K1=6=320 .(& ? &'(T 3X12516? >1<>: ;46762 =3 >AB5A46 3? 3>1L3 3 3256K6? B:>6B1O6=62 <:2 C6144:2 626 ?643B6 ;A51<D6 N4O36 -3C341C3 3 :44320 ? 3>1L3 =3 6>:4=: >:? : 3B65E41: =: <>:<54: 6>1:<6B =3 BL6C351O679: 3 AB5A46 :;AB64 %3>1L3 &'(T+ <62 ;46762 =3 >AB5A46 L:46? =323<K:BK1=62 651K1=6=32 QA<5: >:? 6 ;:;AB679: <A? 546C6BF: 1<53D46=: 3<543 : 6D43?167H32 622:>167H32 3 1<2515A17H32 =3 >:?A<1=6=30.(. 56?CZ? =323<K:BK3A 651K1=6=32 <: >6?;: =62 64532 ;BN251>62 3 =: 645326<65:0 646 : G62 64532 ;BN251>62 ;:=3? >:<541CA14 <6 L:4?679: =6 >:<2>1P<>16 ;:;AB64 2AL46D6<=: :2 3B3?3<5:2 =6 >AB5A46 =: ;:K: 3 ;43234K64 6 >AB5A46 <6>1:<6B >:<546 6 6B13<679: 3 : >:2?:;:B1512?:I 53<=: 61<=6 A? ;6;3B >:?;B3?3<564 6546KZ2 =6 >:<L3>79: =3 >6;62 3 1BA25467H32 =3 B1K4:2 >6456O32 ?A4612 >3<N41:2 ;646 : 53654: 35>0.(T 36B1O:A >A42:2 =3 =323<F: ;1<5A46 D46KA46 >34[?1>6 L6<5:>F32 56;376416 53>3B6D3? ;4:?:K3A L31462 =3 645326<65: ?6<53K3 >::;34651K62 =3 645329:20 2232 546C6BF:2 346? =1KABD6=:2 <6 6B3416 =3 453 =: 3>1L30.(* 2 ;41?31462 3X;341P<>162 =3 ;46762 =3 >AB5A46 23 =346? 3? 3>1L3 ;:25341:4?3<53 3? 656B 3 -3B: :41O:<530 6 23DA<=6 6=?1<1254679: Q6B?6 646<F9: 3=A>679: 3 >AB5A46 L:46? 62 ?3562 ;41<>1;6120 2 546C6BF:2 =3 A4C6<1O679: 1<1>16=:2 <6 ;41?3146 D3259: >:<51<A646? 6 234 3X3>A56=:2 ?62 L:1 <: >6?;: =6 3=A>679: 3 =6 >AB5A46 62 1<1>1651K62 ?612 21D<1L1>651K620 ? &'(& 53K3 1<U>1: 6 >6?;6<F6 =3 6BL6C351O679: .(S ;4:?:K1=6 ;3B6 ;43L315A46 =3 656B0 N4162 651K1=6=32 6>:<53>16? 6451>AB6=62 \ >6?;6<F6 3 L:46 =: 32;67: 32>:B640 >:<53>16 <6 ;4676 ;YCB1>60 2 ;46762 =3 >AB5A46 3? 656B 346? =3 =:12 51;:2! ;341E=1>62 3 ;34?6<3<5320 ;4676 =3 >AB5A46 ;341E=1>6 LA<>1:<6K6 6;3<62 ;646 3K3<5:2 >:?: 3146 =3 1K4:2 3 3251K612 =3 :B>B:43 3 3256K6 B:>6B1O6=6 <6 ;4676 c3<<3=a <6 1=6=3 B560 :1 :<=3 6>:<53>3A 6 4676 =3 AB5A460 2 ;46762 =3 >AB5A46 ;34?6<3<53 346? 54P2 6: 5:=:0 2 ;41?31462 1<6ADA46=62 3? &'(. 3256K6? B:>6B1O6=62 <: C6144: =62 :>62 3 <: -6144: =62 "A1<5620 534>3146 1<256B6=6 =0 C1=0 0 34?6<:0 . " 0. 0.. 0 <! 6AB: %4D0+0 6AB: 43143! 3=A>679: 3 546<2L:4?679:0 ;0*TS0 2?640 AB5A46 ;:;AB64 3 3=A>679: ;:;AB64! ?3?E4162 =:2 6<:2 ()0 ;0../0 =0 C1=0 0 $:2Z k1BB1<D5:<0 76 >6?;6<F6 =3 ;Z <: >F9:0j 6416 =6 A16 =3 :AO60 ! "..0015 j 6416 B1O353 64K6BF:0 "7 222'()'*'()+7 : 53253?A<F: =:2 ;6451>1;6<5320j 46<>12>6 ,A1B?6 :>F6 =30 ":015! 6 3=A>679: ;:;AB64 <: 1: 46<=3 =: :453 %&'() &'(*+00 3? &'(T 3256K6 B:>6B1O6=6 <6 4676 <=4Z =3 BCA@A34@A30 @A3 >646>5341O6K6 A?6 ;4676 =3 >AB5A46 ;34?6<3<53 346? 23A2 3@A1;6?3<5:2 32;3>16B?3<53 6 -1CB1:53>6 :;AB64 ;4323<53 <62 54P2 ;46762 3 62 651K1=6=32 :4D6<1O6=62 ;3B6 0 ? 656B 6 ;41?3146 3X;341P<>16 =3 4676 =3 AB5A46 23 =3A 3? &'(&0 22322:432 =: ;43L315: Q6B?6 646<F9: L:46? 6 3>1L3 ;646 >:<F3>34 : 546C6BF: =: ;4:L322:4 6AB: :262 3 =6 3@A1;3 =: 0 3<=: >:?: 43L34P<>16 : 6 43L315A46 =3 656B 54:AX3 6 1=Z16 =62 ;46762 =6 6B3416 =3 453 3 =62 C1CB1:53>62 3 6=6;5:A 6 436B1=6=3 =6 >1=6=30 .(( !,;,# :6>a4 =3 E32 1<L:4?6 @A3 6 ;41?3146 3X;341P<>16 =3 4676 =3 AB5A46 L:1 <: 23DA<=: 23?32543 =3 &'(&0 A46<53 A?6 23?6<6 A?6 ;4676 =6 >1=6=3 L:1 :>A;6=6 >:? C6446>62 ;646 L3146 =3 B1K4:2 =3 =12>:2 3 64532 ;BN251>62 645326<65: ;ACB1>67H32 <:153 =3 6A5ED46L:2 l000m .(d0 :1 4676 =6 c3<<3=a @A3 3226 3X;341P<>16 6>:<53>3A0 3256 ;4676 346 1<256B6=: : @A3 23 >F6?:A =3 4676 =3 AB5A46 341E=1>6 @A3 LA<>1:<6K6 6;3<62 3? 3K3<5:2 ?61:4320 &M 4676 =3 AB5A46 6>:<53>3A <6 ;41?3146 23?6<6 =3 :A5AC4: 3 2A6 ;4:D46?679: >:<5:A >:? 6 ;4323<76 =3 32>415:432 3 64512562 ;:;AB64320 >6=6 <:153 =: 3K3<5: 346 ;43256=6 F:?3<6D3? 6 A? 6451256 B:>6B 32>415:432 B6<76K6? 23A2 B1K4:2 3? <:153 =3 6A5ED46L:2 3X;:217H32 =62 32>AB5A462 =3 F1>: 6<5314: 3 =:2 @A6=4:2 =:2 ;1<5:432 3q5:< 6K644: 3 :416< 46a 6;4323<5679: =: :46B =6 1=6=3 3 6;4323<5679: =:2 D4A;:2 L:B>BE41>:20 6451256 ;:;AB64 F1>: 6<5314: 3 : 32>415:4 AU2 =6 [?646 62>A=: L:46? 6BDA<2 =:2 F:?3<6D36=:2 =A46<53 5:=6 23?6<6 =: 3K3<5: @A3 L:1 6<1?6=: ;3B: :46B =6 1=6=3 2:C 6 43DP<>16 =: ?63254: 641C6B=1 :?6<:0.(/ $:4<6B 54:AX3 5:=6 6 ;4:D46?679: L6O3<=: 6 >:C345A46 >:?;B356 =: 3K3<5:0 251K346? ;4323<532 <6 &M 4676 =3 AB5A46 : ;4:L322:4 6AB: 43143 43;4323<56<53 =: 43L315: =3 3>1L3 1DA3B 446320 3 A? =:2 =141D3<532 =: : B1K4314: AU2 :<O6D6 6<562 : 3>435N41: =3 =A>679: =6 43L315A46 ;4:L322:4 :6>a4 =3 E32 3 : 4:L322:4 34Ba 643<53 1435:4 =: ;41?314: >6?;6?3<5: 2>:B640.(' 6416 =6 A16 =3 :AO60;0>150;0'd0 :6>a4 =30 ! "#$ 2;0&))0 $:4<6B 656B ). :A50 &'(&0 $:4<6B 656B ). :A50 &'(&0 :=62 62 <:1532 32>415:432 <:45341:D46<=3<232 3 =3 :A54:2 3256=:2 23 43K32646? =A46<53 : 3K3<5:0 6 ;41?3146 <:153 3251K346? ;4323<532 :2 32>415:432 ;34<6?CA>6<:2 -6<=3146 =3 3B: 3 6<1B=: =3 -415: 3 : ;6461C6<: $:?64 65:2 L:46? 6;4323<56=:2 ;3B: >4U51>: B1534N41: U4D1<1: 6?6 3 3B:0 : 23DA<=: =16 =: 3K3<5: L:1 6 K3O =: :<23<F:4 BK32 6<=1? 4321=3<53 =6 >6=3?16 :51DA64 =3 35462 <6 Z;:>6 6;4323<56<=: 23A B1K4: >AQ6 6;4323<5679: L:1 L3156 ;3B: ;:356 <5U=1: O3K3=:0 .d) A54:2 32>415:432 3251K346? ;4323<532 >:?: 3q5:< 6K644: 6;4323<56<=: 23A B1K4: 1<515AB6=: 3 0/B0B 23DA<=: 6 ?65Z416 =: Q:4<6B GA? =:2 ?612 C41BF6<532 56B3<5:2 =6 <:K6 D34679: 1<53B3>5A6B =3 <:226 53446Ij $61?3 =:2 0 k6<=34B3a >:? 23A B1K4: =3 ;:3?62 23456<12562 "j : ;:356 A12 6C3B: >:? 9 0j 3 46<>12>: ?:41? 6A5:4 =3 >.3P0.d& .#D%(6 4676 =3 AB5A460 3=A>6=:4 6AB: 43143 =12>A426 6: B6=: =: ;43L315: Q6B?6 646<F9:0 6 ;41?3146 L1B6 =6 32@A34=6 ;646 =143156! : K1>3;43L315: AU2 :<O6D6 =:2 6<5:2 ,1B6 6?3=3 :6>a4 =3 E32 6AB: 43143 Q6B?6 646<F9: N416 646<F9: %32;:26 =: ;43L315:+ 3 : =323?C64D6=:4 k1B2:< 6<5620 :<53! :5: =: 6>34K: =6 0 4@A1K: ;6451>AB64 =3 61B=3 6BK9:0 .#D%( ; 4676 =3 AB5A460 2 B1K4:2 346? 3X;:25:2 <62 B:Q62 =3 B1K4:20 :<53! :5: =: 6>34K: =6 0 4@A1K: ;6451>AB64 =3 61B=3 6BK9:0 $:4<6B 656B ). :A50 &'(&0 $:4<6B 656B )*)/ :A50 &'(&0 1<6B1O6<=: 6 23?6<6 =6 &M 4676 =3 AB5A46 A? D4A;: =3 32>415:432 =: 3256=: =6 646UC6 :L343>3A \ -1CB1:53>6 A<1>1;6B =1K342:2 B1K4:2 3 43K12562 =3 6A5:432 ;6461C6<:20 3<543D6 L:1 L3156 ;3B: Q:4<6B1256 3 ;:356 k6B=3?64 A5460 43B679: =:2 B1K4:2 L:1 6 23DA1<53! 00B =3 $:2Z 36Bj :: =: :<23<F:4 3=4: <U21:j B. 0$ 3 "$ =3 2>64 6254:j C. =: 6=43 -651256 3=314:2j :"! 3 W.1O =: 6=43 AUO :<O6D6 B1K3146j 0.0 =3 $A643O 6>3=:j 3 0 N .5 $ =3 B36<=4: 6<56 4AO :2560 ? 43B679: \2 43K12562 L:46? 3<543DA32 04 $j 00j 0C00.0@07j 0. L>N $ 3 0B. 0.j 00300.d. ? &'(. L:46? 1<256B6=62 62 ;46762 =3 >AB5A46 =1562 =3 >64N534 ;34?6<3<53 ;:12 ;:22AU6? 651K1=6=32 =1N41620 256K6? B:>6B1O6=62 <:2 C6144:2 =62 :>62 3 =62 "A1<5620 2262 ;46762 =3 >AB5A46 346? >:<2515AU=62 =3 @A6=462 =3 32;:4532 ;64@A32 3 A?6 -1CB1:53>6 :;AB640 4676 =3 AB5A46 =62 :>62 B:>6B1O6=6 <: >4AO6?3<5: >:? 6 4A6 1B=3C46<=: =3 E32 >:? 6 4A6 9: $:9: L:1 6 ;41?3146 6 534 1<256B6=6 <: ?P2 =3 ?61: A?6 C1CB1:53>6 =3<:?1<6=6 -1CB1:53>6 :;AB64 :<5314: :C65:0 23DA<=6 <: -6144: =62 "A1<562.dT L:1 -1CB1:53>6 :;AB64 6254: BK32 1<256B6=6 3? QA<F:0 A54: 32;67: >AB5A46B >416=: ;3B6 43L315A46 L:1 : 3654: =: :K: B:>6B1O6=: <: C6144: =: B3>41? >:? B:5679: ;646 .)) ;322:620 :1 A?6 1<1>1651K6 =:2 ;4321=3<532 =:2 D4P?1:2 53654612 =3 656B %=: 3654: X;341?3<56B =3 ?6=:432 =: 3654: =3 656B =: 4A;: P<1>: 6AB: =3 642: =: 3654: =3 ?6=:432 <1=:2 =: 3654: =3 AB5A46 =3 656B 3 =: 3654: <1K34215N41:+ B1=346=:2 ;:4 B641>3 6B?6 6<=:K6B k6<=34B3a 3146 1432 3C62519: 64K6BF: 3 :A54:20 3654: 23416 =3251<6=: 6 32;35N>AB:2 =3 D4A;:2 6?6=:432 3 :2 Q:D4612 >:<2515AU6? : ;:<5: 6B5: =: ?:K1?3<5: 536546B =6 ;43L315A460.d* !,;,6)-/-CF 2 -1CB1:53>62 :;AB6432 >:<254AU=62 ;3B6 43L315A46 <62 ;46762 346? <6 K34=6=3 ;:25:2 =3 3?;4Z251?: =3 B1K4:2 C6446>62 =3 ?6=3146 6C34562 =16416?3<53 \ 564=3 =62 &S \2 &/ $:4<6B 656B &) :A50 &'(& 9: >:<23DA1?:2 1<L:4?67H32 2:C43 6 B:>6B1O679: 3X656 =3256 ;4676 <3? <62 ;32@A1262 >:? :2 Q:4<612 3 <3? <62 3<543K12562 >:B356=620 $:4<6B 656B &( ?640&'(., F:462 3 \ <:153 =62 &' \2 .&F:4620.dS 3<54: =6 ;4:;:256 =3 K6B:41O679: =: <6>1:<6B 3 =3 =3?:>4651O679: =6 >AB5A46 32262 C1CB1:53>62 43>3C346? <:?32 =3 32>415:432 <6>1:<6120 -1CB1:53>6 :;AB64 =62 :>62 43>3C3A : <:?3 =3 :<5314: :C65: 3 6 =62 "A1<562 -1CB1:53>6 :;AB64 6254: BK320 :4D6<1O679: =62 C1CB1:53>62 L1>6K6 ;:4 >:<56 =3 ,1B6 6?3=3.d( ;4:L1221:<6B ;1:<3146 <: 256=: <6 :4D6<1O679: =3 C1CB1:53>620 ,1B6 6?3=3 L:1 1435:46 =6 6<532 =3 61B=3 1<5: 3 L:1 3B6 @A3? :4D6<1O:A 62 C1CB1:53>62 ;:;AB6432 3 =31X:A 23A 14?9: B1LN 6?3=3 QN L6B3>1=: 432;:<2NK3B ;3B: 235:4 =3 C1CB1:53>6 =6 ;43L315A460 546C6BF: <:2 ;:25:2 =3 3?;4Z251?:2 =62 :>62 3 =62 "A1<562 <9: 346 436B1O6=: ;:4 C1CB1:53>N41:2 ?62 ;:4 LA<>1:<N41:2 =6 ;43L315A46 @A3 43>3C16? A?6 L:4?679: CN21>6 =3 C1CB1:53>:<:?160.dd 6>34K: =62 C1CB1:53>62 L:1 23<=: >:<2515AU=: 6546KZ2 =3 >6?;6<F62 ;:;AB64320 46<2?151623 6 23DA1<53 ?3<26D3?! 9 E.0/.00 E. 0/1 0 0 ?6 >6?1<F:<353 3@A1;6=6 >:? 6B5:L6B6<532 ;34>:4416 62 4A62 =6 >1=6=3 ;3=1<=: \ ;:;AB679: 6 =:679: =3 B1K4:2 ;646 >:?;:4 : 6>34K: =62 C1CB1:53>620 C462 =3 46>1B16<: 6?:2 64B:2 4A?:<= =3 <=46=3 34:D3 B1:5 $:23;F :<46= 1>F63B :B= :C345 65F6< 62>: 654:B1<1 61<5 XA;Z4a :4412 k325 $:4D3 ?6=: 6@A3B =3 "A314:O 6254: BK32 :<5314: :C65: 3<543 :A54:2 >:<2515AU6? : 6>34K: =62 C1CB1:53>620.d/ 32>415:4 ?612 B1=: 346 :<5314: :C65:0.d' 6=6 A?6 =3B62 >:<56K6 >:? A? 6>34K: =3 6;4:X1?6=6?3<53 .))) B1K4:2 :A ?612 ;43>126?3<53 : ;:25: :<5314: :C65: =12;A<F6 3? 2353?C4: =3 &'(T =3 A? 6>34K: =3 &d/* K:BA?32 3<@A6<5: 6 6254: BK32 >:<56K6 <: ?32?: ;34U:=: =3 .T() K:BA?32 3? 2A62 3256<5320 46? 3?;43256=:2 >34>6 =3 /) 6 &.) B1K4:2 =1N41:2 2:?6<=: ?3<26B?3<53 A?6 ?Z=16 =3 T))) B1K4:20 ;YCB1>: 3? 2A6 ?61:416 346 1<L6<5:QAK3<1B0 6AB: =3 642: =32>43K3 62 -1CB1:53>62 >:?: C6446>H32 =3 ?6=31460 32232 C6446>H32 =3 ?6=3146 >:? 6>34K: =3 B1K4:2 346? 6: B6=: =3 @A6=46 =3 32;:45320./) :6>a40 ! "#$ 0 ;0&S)0 ,1B6 6?3=3 3<543 &'SS 3 &'S( >A42:A C1CB1:53>:<:?16 <: 1: =3 $6<314: 3 L3O 61<=6 A?6 32;3>16B1O679: <:2 256=:2 <1=:20 : 1: 46<=3 =: :453 A42: =3 46=A679: 3? -1CB1:53>:<:?16 L:1 >416=: ;3B6 32:BA79: <0n )).R'( =3 &) =3 ?61: =3 &''(0 6AB: =3 642: :44316 =3 3B: 3? 3<543K1256 >:<>3=1=6 \ 6A5:46 3? .) =3 2353?C4: =3 .))(0 61B=30 &'(*! 0. 2;0&)( 3 &&'0 k1BB1<D5:<0 ! 6 >6?;6<F6 =3 ;Z <: >F9:0 ;0&&/0 6AB: =3 642: :44316 =3 3B: 3? 3<543K1256 >:<>3=1=6 \ 6A5:46 3? .) =3 2353?C4: =3 .))(0 .#D%(! -1CB1:53>6 :;AB64 :<5314: :C65:0 :<53! :5: =: 6>34K: =6 0 4@A1K: ;6451>AB64 =3 61B=3 6BK9:0 .#D%(J -1CB1:53>6 :;AB64 6254: BK320 6 B65346B =6 C1CB1:53>6 3256K6 : ?A46B0 :<53! :5: =: 6>34K: =6 0 4@A1K: ;6451>AB64 =3 61B=3 6BK9:0 ? &'(T <6 ;4676 <=4Z =3 BCA@A34@A3 L:1 1<256B6=6 6 -1CB1:53>6 :;AB64 $:2Z =3 B3<>64 3<54356<5: <3256 <9: 346? 3L35A6=:2 3?;4Z251?:2 =3 B1K4:2 F6K16 3? L43<53 6 C1CB1:53>6 ?3262 6: 64 B1K43 ;646 6 ;4N51>6 =3 B315A460 3DA<=: :6>a4 =3 E32 62 F:?3<6D3<2 ;43256=62 6 $:2Z =3 B3<>64 6254: BK32 3 :<5314: :C65: >:?: ;654:<:2 =62 C1CB1:53>62 ;:;AB6432 51<F6? 2A62 46UO32 <62 BA562 =3 3?6<>1;679: =6 >AB5A46 =: ;:K: C4621B314:0 $:2Z =3 B3<>64 : <651K12?:j 6254: BK32 : 2:>16Bj :<5314: :C65: : 3>:<e?1>:0 G46? :2 6B1>34>32 =: B6<: =3 3?:>4651O679: =6 AB5A46 D6<F6<=: ;4:LA<=1=6=3 <6 >:<2>1P<>16./& =: ;:K:I0 :6>a4 =30 ! "#$ 0 ;0&S&0 3B65E41:2 2:C43 :2 234K17:2 =6 43L315A46 346? 3B6C:46=:2 ;341:=1>6?3<530 2 43B65E41:2 2:C43 62 -1CB1:53>62 :;AB6432 <:2 ?:2546? 6546KZ2 =:2 <Y?34:2 =3 3?;4Z251?:2 =1N41:2 6 >14>AB679: =6 ;:;AB679: <32232 B:>6120 *A-C )-/-CF M(N- *FH-O-&/PM)- (C <6ADA4679:! &u =3 ?61: =3 &'(. >34K: 1<1>16B! &()) B1K4:2 34U:=:! =3 &u0)S0&'(. 6 T)0)'0&'(T ?;4Z251?: ?3<26B! 29: 3?;43256=:2 >34>6 =3 /) 6 &.) B1K4:2 =1N41:2 2:?6<=: ?3<26B?3<53 A?6 ?Z=16 =3 T))) B1K4:20 : ;34U:=: =3 &u =3 ?61: =3 &'(. 65Z 2353?C4: =3 &'(T L:46? 3?;43256=:2 S)0*S) B1K4:20 1K4:2 32546D6=:2! &*/ 1K4:2 3X546K16=:2! &(d 1K4:2 6=@A141=:2! *'' >34K: 65A6B! &d/* 31K1<=1>679:! ;:25: =3 3?;4Z251?: >:<51<A6 3? C:? 3256=: =3 >:<234K679: <3>322156<=: 6;3<62 =3 A?6 <:K6 ;1<5A460 C234K679:! 62 32565U251>62 43L343<532 6 <:K3?C4: 3 =3O3?C4: 6 6: ;41?314: 541?32543 =3 &'(* 3B3K:A23 ;646 ?612 =3 S))) B1K4:20 656B .T =3 :A5AC4: =3 &'(T0 *FH-OPM)- Q- <6ADA4679:! .T =3 QA<F: =3 &'(. >34K: 1<1>16B! &()) B1K4:2 34U:=:! .T0)(0&'(. 6 T)0)'0&'(T ?;4Z251?: ?3<26B! 29: 3?;43256=:2 >34>6 =3 S) B1K4:2 =1N41:2 2:?6<=: A?6 ?Z=16 =3 .))) B1K4:20 : ;34U:=: =3 .T0)(0&'(. 65Z 2353?C4: =3253 6<: L:46? 3?;43256=:2 >34>6 =3 ./0))) B1K4:20 1K4:2 32546D6=:2! .*T 1K4:2 3X546K16=:2! &*& >34K: 65A6B! .T() C234K679:! K341L1>:A23 : ?32?: L3<e?3<: =: :25: :<5314: :C65:0 2 32565U251>62 43L343<532 6 <:K3?C4: 3 =3O3?C4: 6 6: ;41?314: 541?32543 =3 &'(* =3?:<2546? @A3 6 ?Z=16 ?3<26B =3 3?;4Z251?:2 56?CZ? 23 3B3K:A ;646 ?612 =3 S))) B1K4:20./. 6=6 C1CB1:53>6 >:<56K6 >:? A? Q:4<6B ?A46B 6L1X6=: <6 ;6453 3X534<6 =62 C6446>620 2232 ?A4612 346? >:<2515AU=:2 =3 43>:4532 =3 Q:4<612 B:>612 3 =: 1: =3 $6<314: 2AC2515AU=:2 =16 21? =16 <9: : @A3 ;:221C1B156K6 \ ;:;AB679: ;:C43 6>322: \ B315A46 =:2 Q:4<6120 6 Z;:>6 23 >:B:>6K6 56?CZ? A?6 53B3K129: 3 F6K16 56?CZ? ;4:Q37H32 =3 L1B?32 <62 @A6=4620./T =2 C1=0 ;0&/S&/(0 6AB: =3 642: :44316 =3 3B: 3? 3<543K1256 >:<>3=1=6 \ 6A5:46 3? .) =3 2353?C4: =3 .))(0 325465ZD16 =6 ;43L315A46 ;646 654614 6 ;:;AB679: 346 6 =1KABD679: =:2 >:<>A42:2 =3 ?122 @A3 <6 Z;:>6 51<F6? A? 6;3B: ;:;AB64 ?A15: L:4530 646 654614 62 ;322:62 ;646 6 -1CB1:53>6 6AB: =3 642: 6L14?6 @A3 A26K623 =3 6BDA<2 6451LU>1:2! <3226 Z;:>6 6 D3<53 51<F6 @A3 A264 <3223 ?A46B A?6 32;Z>13 =3 6451LU>1: =3 >:1262 @A3 L:223? >F6?651K62 ;646 : ;:K:0 A ?3 B3?C4: @A3 <6 Z;:>6 A?6 >:126 ?A15: @A3 51<F6 A? 6;3B: ;:;AB64 ?A15: D46<=3 346 :2 >:<>A42:2 =3 3 3<59: <E2 >:B:>NK6?:2 <: ?A46B :2 >:<>A42:2 =3 62 ;:4@A3 51<F6 A? 6;3B: ;:;AB64 ?A15: D46<=3 3 62 ;322:62 K1<F6? B34 : Q:4<6B?A46B 1<5343226=62 <: >:<>A42: =3 3 6 ;64514 =6B1 =1D6?:2 23 1<5343226K6? =3 B315A462 ?612 1?;:456<532 3 35>0 3 56B ;:4@A3 <32232 C6446>H32 F6K16 A? 6>34K: =3 B1K4:2 =3 6B56 >AB5A46 56<5: C4621B3146 @A6<5: A<1K3426B :A =3 6B5: 1<5343223 >AB5A46B0 3<59: 23 L6O16 122:0 1=Z16 =6 ;4676 346 6 >AB5A46 >F3D64 6: ;:K: 23? ;4:CB3?6 <3<FA? F6K34 6>322: =3 @A6B@A34 ;322:6 \ >AB5A460./* !,;,; H /II 4676 =3 AB5A46 <=4Z =3 BCA@A34@A3 L:1 6 YB51?6 6 234 >416=6 ;3B6 43L315A46 3? &'(T 3 ;6226416 6 234 >:<21=346 A?6 ;4676 ?:=3B: ;646 62 =3?612 ;46762 @A3 K13223? 6 234 >:<254AU=620 4676 <=4Z =3 BCA@A34@A3 6BZ? =3 234 A? ;:<5: >3<546B 3 1?;:456<53 ;:12 L:1 6B1 @A3 23 L:4?:A : ;41?314: <Y>B3: =3 ;:K:6?3<5: =6 >1=6=3 5:4<:A23 A? >3<54: >AB5A46B 3X;43221K: <6 >1=6=30 :41D3? =6 4676 <=4Z =3 BCA@A34@A3 23 >:<LA<=3 >:? 6 :41D3? =6 >1=6=30 <532 =3 234 =3<:?1<6=6 4676 <=4Z =3 BCA@A34@A3 346 6 4676 =6 6541O0 ?A=6<76 =3 <:?3 23 =3A 3? &/// @A6<=: 6 [?646 A<1>1;6B =3 656B ?A=:A : <:?3 =6 645Z416 >F6?6=6 A6 46<=3 :A 4676 =6 6541O >:?: 346 >:<F3>1=6 ;646 4676 <=4Z =3 BCA@A34@A3 3? F:?3<6D3? 6: BU=34 =6 3K:BA79: =3 &/&d0 4676<=: A? @A6=4: F125E41>: =6 4676 <=4Z =3 BCA@A34@A3 ;34>3C343?:2 3? =1L343<532 ?:?3<5:2 A?6 =1K3421=6=3 =3 ;4N51>62 1=Z162 6;4:;4167H32 A2:2 :BF64320 3<=: B:>6B ?64>: =3 LA<=679: =6 >1=6=3 3226 ;4676 23 >:<L1DA46 >:?: A? 32;67: 1?;:456<53 ;646 6 F125E416 B:>6B0 :1 3? 5:4<: =3226 ;4676 @A3 5:=6 6=?1<1254679: ;YCB1>6 23 :4D6<1O:A! : :K34<: 6 $A25176 223?CBZ16 3D12B651K6 4N41: 36B 3 :A5462 43;64517H32 ;YCB1>620 BZ? 6AB: =3 642: :44316 =3 3B: 3? 3<543K1256 >:<>3=1=6 \ 6A5:46 3? .) =3 2353?C4: =3 .))(0 =6 D43Q6 @A3 ;:22AU6 ;:=34 3 1<LBAP<>16 <6 >1=6=30 3Q6?:2 A? ;:A>: 2:C43 6 >:<2515A179: =32232 3B3?3<5:20 62>A=: <:2 =N A?6 =32>4179: =:2 B1?1532 =6 >1=6=3 =3 656B \ Z;:>6 =3 2A6 :41D3?! 6B5: 3B3K6=: 3 L14?3 ;4:>A46=: ;:4 $34e<1?: =rBCA@A34@A3 3? =3O3?C4: =3 &S'' 346 : ;B65e @A3 23 3253<=3 =32=3 6 ;4676 <=4Z =rBCA@A34@A3 3<K:BK3<=: 354E;:B12 3 14:B 65Z 6 ;4676 3=4: 3BF: 6K3<1=62 65Z 34?32 =6 :<23>60 >1?: :<=3 23 >:<254A1A 6 ;41?3146 >626 534?1<6 =32>3<=: <: -6B=: ;4:223DA1<=: 3? 53443<: :<=AB6=: ;646 -644: 34?3BF: 6D:6 3>6 3L:B32 :4B6 =: :53<D1 O:<6 =3 ?6<DA32 3 >646<DA3Q:2 K3B:O320./S <=3 F:Q3 325N B:>6B1O6=6 6 6<51D6 >653=46B 6 65A6B 325N B:>6B1O6=6 <6 K0 3:=:4: F6K16 21=: >:<254AU=6 A?6 >6;3B1<F6 @A3 G;4321=16 6 ;4676 4A62 6 >1=6=30I :1 6 ;41?3146 4A6 >F6?6=6 A6 46<=3 =3;:12 ;6226 6 234 >F6?6=6 4676 6541O0 ? K:B56 34DA346?23 :2 ;4Z=1:2 ;YCB1>:2 =6 6=?1<1254679:0 >6=316 >:? : 3<6=: =6 [?646 <: 6<=64 2A;341:4 =32=3 &d.. : 2:C46=: =: :K34<:j 6: 2AB : 3=1LU>1: =6 4:K3=:416 =6 6O3<=6 =3;:12 : 4N41: 36B 3 6 3B3D6>16 12>6B0./( 62>A=: L6O 43L34P<>16 6: >4:<1256 1<DBP2 3<4a c:2534 @A3 =32>43K3A 6 >1=6=3 QN <: 1<U>1: =: 2Z>AB: hh >:? A?6 ;4676 %4676 6541O+ >34>6=6 =3 4321=P<>162 5:=62 >:? 6;3<62 : ;6K1?3<5: 5Z443: >:? 6;3<62 54P2 1D43Q62 D43Q6 6541O D43Q6 =: :2N41: 3 D43Q6 =3 6<5: <5e<1: : 6BN>1: =: :K34<: 6 [?646 3 6 ;4129:0 X12516? 54P2 4A62 @A3 =323?C:>6K6? <6 ;4676 3 <9: F6K16 4A62 >6B76=620 <Y?34: =3 F6C156<532 346 =3 2312>3<5:2 :A 2353>3<5:2 F6C156<5320./d :? : 6=K3<5: =6 3;YCB1>6 K31: 6 ;43:>A;679: =3 ?:=34<1O64 6 >1=6=3 3 3? &')( F:AK3 6 ;41?3146 53<5651K6 =3 6Q64=1<6?3<5: =6 ;4676 =6 6541O 43L:4?6 @A3 2E 23 >:<>4351O:A 3? &')'0 2 ;4Z=1:2 @A3 L:46? >:<254AU=:2 3? 5:4<: =6 4676 <=4Z =3 BCA@A34@A3 =346? \ ;4676 A? 23<51=: ;:BU51>: 3 43B1D1:2: ;:12 <6@A3B3 B:>6B ;:4 ?A15:2 6<:2 L:1 : >3<54: =: ;:=34 6=?1<1254651K: 3 43B1D1:2:0 ;41?314: ;4Z=1: 6 234 34DA1=: L:1 6 D43Q6 641O 3? &(&*0 6 K34=6=3 A?6 >6;3B6 @A3 ;:25341:4?3<53 L:1 =3254AU=6 3 >:<254AU=6 A? 1D43Q6 3? 23A BAD640 6=?1<1254679: ;YCB1>6 LA<>1:<6K6 <: ;4Z=1: @A3 F:Q3 6C41D6 6 1<6>:53>6 =: 256=:0 6<51D: 6BN>1: :53<D1 <: 2Z>AB: hh 6C41D:A 6 223?CBZ16 3D12B651K6 6 32:A46416 6 [?646 A<1>1;6B 3 : 41CA<6B AU2 =6 [?6460 @07<0 0 656B! >:<e?1>: &'''0 ;0&*T0 =0 C1=0 ;0&*T&**0 =0 C1=0 =: $Y41 3 43;645179: =:2 >:4431:20 B:>6B :<=3 =32=3 &/'d LA<>1:<6 : 3?:416B [?646 62>A=: 56?CZ? B:>6B1O6=: <6 N436 3? 5:4<: =6 4676 <=4Z =3 BCA@A34@A3 L:1 >:<254AU=: ;646 6C41D64 6 32:A46416 =6 6O3<=6 3? &/dS 3? 2AC2515A179: 6: ;41?314: ;4Z=1: =: 436B 4N41: 3=1L1>6=: <: L1<6B =: 2Z>AB: h0 :2 ;41?314:2 6<:2 =: 2Z>AB: hh LA<>1:<:A >:?: 3B3D6>16 12>6B 3 ;:25341:4?3<53 >:?: 23=3 =: "A6453B =6 dM =: XZ4>15:0 : B6=: =: 6BN>1: :53<D1 B:>6B1O623 : <2515A5: 125E41>: 3 3:D4NL1>: =: 1: 46<=3 =: :4530 ;4Z=1: >:?37:A 6 234 >:<254AU=: 3? &')( <: D:K34<: =3 6K6432 =3 146 ;646 6C41D64 6 <2515A179:0 :4Z? <6 Z;:>6 : A;43?: 41CA<6B =3 $A25176 <9: =12;A<F6 =3 A?6 23=3 ;4E;416 3<59: ;6453 =: ;4Z=1: =: <2515A5: L:1 >3=1=: 6: 41CA<6B =3 $A251760 2 =A62 1<2515A17H32 >:<K1K346? QA<562 =32=3 6 1<6ADA4679: =: ;4Z=1: 3? ?36=:2 =3 &')/ 65Z ?61: =3 &'.(0 :? 62 651K1=6=32 =323<K:BK1=62 ;3B62 =A62 1<2515A17H32 : <2515A5: ?A=:A23 ;646 6 >626 <n Sdd <6 ?32?6 A6 =6 :<>3179: L1>6<=: BN 65Z &'T/ @A6<=: 435:4<:A 6: ;4Z=1:0.// 2 1<534K3<7H32 <: 32;67: LU21>: =6 ;4676 6;4323<56K6? 1<53<7H32 ;:BU51>62 ;:12 6 >6=6 6=?1<1254679: =3254AU6?23 62 1<534K3<7H32 6<5341:4320 >:? Q6B?6 646<F9: <9: K61 234 =1L343<530 ;41?3146 1<534K3<79: L3156 <6 ;4676 L:1 <6 6=?1<1254679: =3 ADA25: 6K6432 =3 a46 @A6<=: L:1 >:B:>6=: A? >6B76?3<5: =3 D46<15:0 ? &'&d 3? >:?3?:4679: 6: >3<53<N41: =6 3K:BA79: =3 &/&d L:46? 1<6ADA46=:2 =:12 ?:<A?3<5:2 3? F:?3<6D3? 6 <=4Z =3 BCA@A34@A3 646<F9: 3 6 6=43 1DA3B1<F: =:12 ;342:<6D3<2 1?;:456<532 =6@A3B3 3K3<5:0./' ;E2 &d 6<:2 K31: A?6 <:K6 43L:4?6 <6 6=?1<1254679: ?A<1>1;6B =3 1DA3B -415: 3? &'T* >:? 6 >:<254A79: =3 &. C6<>:2 =3 >1?3<5:0 6 =Z>6=6 23DA1<53 F:AK3 6 3L:4?6 $:6@A1? <N>1: =3 64K6BF: 43514:A23 : >6B76?3<5: =3 D46<15: 6 ;4676 43>3C3A A? <:K: 6Q64=1<6?3<5: ;6K1?3<5: 3? ;646B3B3;U;3=: 3 A? >:435: >:<21=346=: A?6 1<:K679: <6 Z;:>60 ? 23DA1=6 <6 ;43L315A46 =3 aBK1: 3=4:O6 %&'*(&'S)+ 34DA3A23 <6 ;4676 ?:<A?3<5:2 3? F:?3<6D3? \ >1=6=3! L:1 >:B:>6=: : 3B:A41<F: @A654: >6<FH32 3 A?6 ;B6>6 =3 C4:<O30 :? 6 1<54:=A79: =32232 ?:<A?3<5:2 : >:435: L:1 =3254AU=: : @A3 ;4:K:>:A ;4:5325:2 ;:4 ;6453 =:2 F6C156<532 3 1<53B3>5A6120.') :<21=346?:2 6 43L:4?6 3?;433<=1=6 ;3B6 6=?1<1254679: =3 Q6B?6 646<F9: 6 ?612 46=1>6B <: 23<51=: =6 ?A=6<76 =6 ;6126D3?0 ;4676 <=4Z =3 BCA@A34@A3 =3=1>6=6 6 ?:<A?3<56B1O679: =:2 D46<=32 F34E12 3 6>:<53>1?3<5:2 F125E41>:2 23 546<2L:4?:A <A? 32;67: >AB5A46B =3<:?1<6=: ;4676 =3 >AB5A46 @A3 6546U6 6 ;:;AB679: 3? D346B0 :? 6 43L:4?6 L:46? 435146=:2 :2 >6<FH32 : ;3B:A41<F: 3 :2 =3?612 ?:<A?3<5:20 L0 321 $36<<a0 <0 ".0 0 656B! A<=679: $:2Z ADA25:R &''*0 0 , 56?64 =30 < @07<0 0 656B! 1N41: =3 656B .))&0 , 56?64 =30 < @07<0 0 3223 23<51=: 6 ;4676 D6<F:A A? <:K: 21D<1L1>6=: 6: 234 546<2L:4?6=6 3? ;4676 =3 >AB5A460 46 ;41<>1;6B?3<53 <3226 ;4676 @A3 6>:<53>16? 62 651K1=6=32 :4D6<1O6=62 ;3B6 0 B1 L:46? 1<256B6=62 A?6 -1CB1:53>6 :;AB64 =3<:?1<6=6 $:2Z =3 B3<>64 A?6 6B3416 =3 453 ;4EX1?6 6: 41CA<6B =3 $A25176 6B3416 =3 453 [<=1=: :451<641 A?6 :<>F6 >Y251>60 3 6>:4=: >:? 34?6<: 6 546<2L:4?679: =6 4676 <=4Z =3 BCA@A34@A3 3? 4676 =3 AB5A46 =3A A?6 <:K6 =1<[?1>6 6: >3<54: =6 >1=6=3 @A3 D6<F:A A? 32;67: >AB5A46B ?:K1?3<56=: 3 6>322UK3B 6 5:=6 6 ;:;AB679:0 6B3416 =3 453 L:1 1<6ADA46=6 3? )/ =3 ?647: =3 &'(T >:? A?6 ?:2546 =: ;1<5:4 46<>12>: -43<<6<=0 )/R)TR(T <6ADA4679: =6 D6B3416 >:? 3X;:2179: =: ;1<5:4 46<>12>: -43<<6<=j .)R)TR(T 3<1<:2 =3 3>1L3 323<F:2 =3 C3B64=: =6 :46 )'R)*R(T X;:2179: =3 ;1<5A46 =3 6;:<1 46YQ: &SR)*R(T 12b4343 4:?:79: =: =6 3>4356416 =3 =A>679: 3 AB5A46 =: A<1>U;1: =A46<53 6 3?6<6 6<560 ?:2546 43A<16 43;4:=A7H32 =3 @A6=4:2 >ZB3C432 5:=:2 1<2;146=:2 <6 61X9: =3 4125: 3 51<F6 >:?: 4:5314:2 B3D3<=62 =3 6AB B6A=3B0 .TR)*R(T :2546 =3 64512562 ;6461C6<:2 .'R)*R(T X;:2179: =3 6453 ;:;AB64 ;3B6 =1435:416 =3 :>A?3<5679: 3 AB5A46 =: A<1>U;1: 6 >64D: =3 3q5:< 6K644: )/R)SR(T X;:2179: =3 ;1<5A46 =: 6=43 BN=1: r4612543 :<5314: .(R)SR(T X;:2179: =6 ;1<5A46 =3 64>U21: 616 )dR)(R(T 6B9: =3 Q:K3<2 ;1<5:432 =3 <2515A5: =3 =A>679: :4D6<1O6=: ;3B: 1435E41: 25A=6<51B 4:L322:4 3B3251<: 1?3<53B0 .&R)(R(T :51K:2 =3 9: $:9: %6453 ;:;AB64+ )(R)dR(T X;:2179: =3 L:5:D46L16 =62 ;46162 =6 >1=6=3 .'R)dR(T 323<F: 3 D46KA462 =3 34>a 6A ).R)/R(TX;:2179: =3 >34[?1>6 =3 :A4=32 A1BF34?3R )'R)/R(T X;:2179: =3 L:5:Q:4<6B12?: =3 }B51?6 :46 %:4=3253+ &SR)/R(T X;:2179: =3 546C6BF:2 =6 6?;6<F6 =3 Z <: F9: ?6 4:L1229: .)R)/R(T X;:2179: =3 L:5:D46L162 =3 -462UB16 )*R&)R(T X;:2179: =6 6?;6<F6 3 Z : F9: )*R&)R(T X;:2179: =3 ;1<5A46 =3 AC3<2 6?;61: &(R&)R(T X;:2179: =3 =323<F:2 =3 6416 6<5U221?: .SR&)R(T X;:2179: =3 ;:3216 1BA2546=6.'& :=:2 :2 =162 6 6B3416 346 6C3456 6: ;YCB1>: <656B3<23 >:? ?:25462 =3 6453 ;:;AB64 >:? A?6 3X;:2179: ;34?6<3<53 =3 F1>: 6<5314: L:5:D46L16 =323<F: >34[?1>60 61B=3 1<5: >:<56K6 >:? : 6;:1: =3 3q5:< 6K644: 3 6;:<1 46YQ: ;646 ?6<A53<79: =6 6B3416 :6>a40 ! "#$ 0 ;0&*S&*(0 =3 4530 <@A6<5: 122: <6 ;4676 =16416?3<53 6>:<53>16 A?6 ;4:D46?679: >AB5A46B =1K3421L1>6=6 >:? ?Y21>6 ;:;AB64 3 34A=156 =3C6532 ;:BU51>:2 3X1C179: =3 L1B?32 B315A46 =3 53X5:2 23B3>1:<6=:2 G=3<54: =: <:22: ;B6<: =3 >:<2>13<51O679: =62 ?62262 6546KZ2 =6 315A46I0 2232 =3C6532 3? D346B 346? >:<=AO1=:2 ;:4 A<1K34215N41:20.'. F125:416=:4 ;:51DA64 64>:2 1BK6 3? 2A62 ?3?E4162 <:2 =N A?6 =32>4179: =6 6B3416 =3 453! 46 A? ;4Z=1: =3 =323<F: >:<>12: >:? L6B262 >:BA<62 >:;16<=: : 6BN>1: =6 BK:46=6 %1?6D3? =3 :A26=16 64@A1535e<1>6 3 2A>322: =3 A? 3251B: ;:BU51>: =: L1<6B =:2 6<:2 S) 3 1<U>1: =6 =Z>6=6 23DA1<53+ 43K3251=: =3 6OAB3Q:2 ;435:2 3 6?643B:2 <A?6 L6>3 3 >:? A? ?A46B =3 3q5:< 6K644: <6 :A5460 l;:4 =3<54: ;12: =3 >34[?1>6 1<=A25416B K1541<32 ;646 ;3@A3<62 32>AB5A462 3 :CQ35:2 645326<612 3256<=32 ;646 @A6=4:2m.'T k1BB1<5:<0 -6 >6?;6<F6 =3 ;Z <: >F9:0 ;0&&'0 64>:20 O.<J3.J0 %A34462 =: B3>41?+0 ;0&d'0 .#D%( 6B3416 =3 453 =6 ;4676 =3 >AB5A46 <=4Z =3 BCA@A34@A30 :<53! :5: =12;:<UK3B 3? F55;!RRqqq0<656B04<0D:K0C4R23?A4C .#D%(R X;:2179: ;34?6<3<53 =: 6451256 F1>: 6<5314:0 :<53!:5: =: 6>34K: =6 0 4@A1K: ;6451>AB64 =3 61B=3 6BK9:0 .#D%(S <5341:4 =6 6B3416 =3 4530 :<53! :5: =: 6>34K: =6 0 4@A1K: ;6451>AB64 =3 61B=3 6BK9:0 2 651K1=6=32 =6 ;4676 6>:<53>16? 6451>AB6=62 \ >6?;6<F6 3 6;4323<56K6? A? >64N534 ;3=6DED1>:0 235:4 =3 64532 ;BN251>62 >:<256K6 =3 A? A23A =3 453 :;AB64 >:? 6>34K: =3 6453 ;:;AB64 =3 5:=: : -4621B 3 =6 6B3416 =3 453 =6 ;4676 <=4Z =3 BCA@A34@A30 6 D6B3416 F6K16 A?6 3X;:2179: ;34?6<3<53 =3 F1>: 6<5314: 6451256 ;:;AB64 @A3 546C6BF6K6 >:? 32>AB5A46 3? ?6=3146 3X;:217H32 =1=N51>62 >::4=3<6=62 ;:4 3q5:< 6K644:0 2262 3X;:217H32 6;4323<56K6? >:?: 53?62 62 Z;:>62 :A :2 64512562 L6?:2:20 3?62 >:?: : 1?;43221:<12?: 2:C43 62 L32562 ;:;AB6432 2:C43 1>622: 3 :A54:2 64512562 346? L31562 43;4:=A7H32 =62 :C4620 341:=1>6?3<53 F6K16 3X;:217H32 =3 ;:3216 1BA2546=6 6 ;:3216 <6 ?3=1=6 3? @A3 16 23<=: B1=6 346 L315: 6 1BA254679: =: ;:3?6 ;:4 3q5:< 6K644:0 6 ;4676 <=4Z =3 BCA@A34@A3 23DA<=: 3B: 346 C6256<53 ?:K1?3<56=60 16416?3<53 6;4323<567H32 ?A21>612 6;4323<567H32 53654612 >:<L34P<>162 F6K16 A? 21253?6 =3 2:? 3? @A3 346? >:B:>6=:2 ;4:D46?62 ?A21>612 =3 =1LA29: =3 =12>:2 =3 ?Y21>6 ;:;AB64 3 ?Y21>6 34A=156 C4621B3146 3 1<534<6>1:<6B0 46 436B1O6=6 =16416?3<53 6 B315A46 =3 A? <:51>1N41: =: =16 6 =16 =6 43L315A460 46 >:?A<1>6=: <:2 Q:4<612 ;3B6 622322:416 =3 1?;43<26 =6 ;43L315A46 A? <:51>1N41: @A3 346 >F6?6=: G 43L315A46 =166=16I0 .'* 6AB: =3 642: :44316 =3 3B: 3? 3<543K1256 >:<>3=1=6 \ 6A5:46 3? .) =3 2353?C4: =3 .))(0 6B3416 =3 453 56?CZ? LA<>1:<6K6 >:?: ;62231: ;YCB1>: @A3 B1D6K6 =:12 B6=:2 =6 ;4676 234K1<=: =3 6>322: 6 ;:<5:2 =3 e<1CA2 ;62231: ;4:5379: >:<546 >FAK6 3 2:B 3 K641679: <6 ;6126D3? %;1<5A462 43D1:<6B12562 1?6D3<2 6C2546562 ;6126D3<2 6>6=P?1>62 35>0+0.'S 1<534K3<79: =6 43L315A46 <: 32;67: LU21>: =6 >1=6=3 1<>:4;:4:A 32;67:2 ;YCB1>:2 =3 B6O34 3 =3 >AB5A46 6: >:51=16<: =6 ;:;AB679: =3 656B0 ;4676 ;YCB1>6 D6<F:A <:K:2 23<51=:2 6: 234 6;4:;416=6 ;3B6 ;43L315A46 3 234 546<2L:4?6=6 3? ;4676 =3 >AB5A460 46<2L:4?:A 6 ;4676 <=4Z =3 BCA@A34@A3 <A? >3<54: >AB5A46B =1<[?1>: 3 >:<23DA1A 654614 6 ;:;AB679: ;646 6 ;46760 : ?32?: 53?;: 3? @A3 ;:=3 1?;41?14 <3223 32;67: <62 651K1=6=32 ;4:;:2562 3? 23A2 3@A1;6?3<5:2 >:<2515A51K:2 K6B:432 21D<:2 3 1<53<7H32 =3<54: =: ;4:;E215: <6>1:<6B1256 =3 Q6B?6 646<F9: 3 @A3 <:453:A 5:=62 62 67H32 =6 ;43L315A460 >6?;6<F6 3 62 ;46762 =3 >AB5A46 3X125146? 65Z 6C41B =3 &'(* >:? : 43D1?3 ?1B1564 Q6B?6 646<F9: L:1 ;432: 3 23A2 622322:432 L:46? 3X:<346=:2 =:2 >64D:2 @A3 :>A;6K6? <6 6=?1<1254679: ?A<1>1;6B0 Q6B?6 646<F9: ;622:A 6 K1K34 <: 3XUB1: <: 4ADA61 :<=3 K31: 6 L6B3>34 3? &'d&0 64>:20 O.<J3.J0 %A34462 =: B3>41?+0 ;0&d'0 J+2$#*(4<*$.#2#$ ;4:>322: =3 546<2L:4?67H32 :>:441=62 <6 43D19: :4=3253 <: @A3 =1O 432;315: 6: ?:?3<5: ;:BU51>: =: L1<6B =6 =Z>6=6 =3 &'S) 3 =:2 ;41?314:2 6<:2 =6 =Z>6=6 =3 &'() L6K:43>346? : 2A4D1?3<5: =3 ?:K1?3<5:2 =3 >AB5A46 ;:;AB640 2232 ?:K1?3<5:2 >:<D43D646? 3X;341P<>162 =: ;34U:=: ;:;AB1256 >646>5341O6=: ;3B6 1=3:B:D16 <6>1:<6B =323<K:BK1?3<512560 ;4353<2: =323<K:BK1?3<512?: 1<=A25416B =:2 6<:2 &'S) :2 6<231:2 =3 ?:=34<1O679: 3 ;4:D4322: 1<2;14646? ?A15:2 1<53B3>5A612 C4621B314:2 \ >41679: =3 <:K62 L:4?62 =3 3X;43229: 645U251>60 2232 1<53B3>5A612 =3 =1L343<532 >:443<532 =3 ;3<26?3<5: 6;4323<56K6? A? :CQ351K: >:?A? =3 =323<K:BK34 6 <679: 6546KZ2 =: ;:K:0 @A3 23 =3<:?1<:A . 0.. <:453:A 62 =12>A22H32 =6 Z;:>6 546O1=62 ;3B:2 ?:K1?3<5:2 =3 >AB5A46 ;:;AB64 @A3 2A4D16? 3 @A3 3? 2A6 ?61:416 346? B1=346=:2 ;:4 1<53B3>5A612 =14356?3<53 B1D6=:2 6 D4A;:2 ;:BU51>:2 >:<21=346=:2 =3 32@A34=6 :A ;4:D4322125620 3X;43229: >AB5A46 ;:;AB64 D6<F:A A?6 >:<:5679: ;:BU51>6 6 >AB5A46 >:?: 1<254A?3<5: =3 >:<2>13<51O679: ;:BU51>6 3 2:>16B =: ;:K: 3 <9: 6;3<62 >:?: 3X;43229: =3 64530 - L:1 LA<=6?3<56B <3223 ;4:>322: ;:12 1<LBA3<>1:A :2 1<53B3>5A612 C4621B314:2 @A3 ;6451>1;6K6? =32232 ?:K1?3<5:2 32;3>16B?3<53 <:2 YB51?:2 6<:2 =3 3X125P<>16 =6 <2515A179: @A6<=: :2 123C16<:2 ;622646? 6 23 3<K:BK34 >:? 62 @A325H32 2:>1612 K1D3<532 ?6<53<=: 43B67H32 >:? ;6451=:2 ;:BU51>:2 >:?: : :2 ?:K1?3<5:2 ;:;AB6432 2 0 646 :2 123C16<:2 6 >AB5A46 23416 A? 3B3?3<5: =3 546<2L:4?679: 2:>16B 3 :2 ?:K1?3<5:2 =3 >AB5A46 ;:;AB64 ;4651>646? 6 2A6 ?6<3146 :2 1=3612 ;:BU51>:2 3B6C:46=:2 53:41>6?3<53 ;3B: -0 ? 656B 6 ;43L315A46 ;4:?:K3A 6 >6?;6<F6 1<2;146=6 <: " 0. 0.. =3 3>1L30 :4D6<1O679: 3 ;4N51>62 =32232 =:12 ?:K1?3<5:2 L:46? ?A15: 23?3BF6<532 3 6546KZ2 =: >:<F3>1?3<5: =: 546C6BF: =323<K:BK1=: ;3B: L:46? 1?;B6<56=62 3? 656B 62 ;46762 =3 >AB5A46 62 C1CB1:53>62 ;:;AB6432 3 6 D6B3416 =3 64530 ;43L315A46 =3 656B 546<2L:4?:A @A654: ;46762 =6 >1=6=3 3? ;46762 =3 >AB5A46 32;67:2 =3 ;4:?:79: =6 >AB5A46 ;:;AB640 X125146? 6 ;4676 =3 >AB5A46 ;341E=1>6 =3251<6=6 6 3K3<5:2 3 62 =1562 ;34?6<3<532 :<=3 =16416?3<53 651K1=6=32 346? :4D6<1O6=62 ;646 6 ;:;AB679:0 2 ;46762 =:2 C6144:2 =62 :>62 3 =62 "A1<562 346? >:<2515AU=62 =3 C1CB1:53>62 ;:;AB6432 3 @A6=462 =3 32;:453 3 6 @A6456 ;4676 =3 >AB5A46 L:1 1<256B6=6 <: >3<54: =6 >1=6=3 <6 4676 <=4Z =3 BCA@A34@A3 >:<2515AU=6 =3 D6B3416 =3 6453 C1CB1:53>6 >:<>F6 6>Y251>6 3 B6<>F:<3530 2 651K1=6=32 >AB5A4612 =: ?A<1>U;1: >:<56K6? >:? 6 >:B6C:4679: =3 1<53B3>5A612 =6 >1=6=3 >:?: 3q5:< 6K644: 3 [?646 62>A=:0 :<21=346?:2 @A3 6 ;4676 =3 >AB5A46 L:1 A?6 3X53<29: =62 651K1=6=32 =323<K:BK1=62 ;3B6 >6?;6<F6 ;:12 62 651K1=6=32 436B1O6=62 <6 ;4676 6;4323<56K6? A? >64N534 3=A>651K: =3<54: =: @A3 346 >:<>3C1=: >:?: >AB5A46 ;:;AB64 ;3B: ?:K1?3<5: :A 23Q6 6 >AB5A46 >:?: K3U>AB: =3 >:<2>13<51O679: 3 =3 546<2L:4?679: 2:>16B 6: ?32?: 53?;: 3? @A3 23 CA2>6K6 6 ;43234K679: =62 546=17H32 ;:;AB64320 3<54: =6 :413<5679: <6>1:<6B =323<K:BK1?3<51256 =: ;34U:=: 6 >1=6=3 56?CZ? 23 ?:=1L1>:A0 Q6B?6 646<F9: =A46<53 62 =A62 6=?1<125467H32 3253K3 3? 21<5:<16 >:? 62 <:K62 @A325H32 A4C6<U251>62 =: ;34U:=:0 =323<K:BK1?3<512?: ;4:;6D6=: ;3B: D:K34<: L3=346B 1<LBA3<>1:A :A54: :BF64 ;646 62 >1=6=32 C4621B31462 ;:12 346 ;43>12: ?:=34<1O64 =:564 6 >1=6=3 =3 1<L463254A5A46 K126<=: \ 1<=A25416B1O679:0 3223 23<51=: 6 ;43L315A46 =3 656B 6546KZ2 =3 67H32 21253?651O6=62 6=:5:A :C462 =3 ;6K1?3<5679: >6B76?3<5: =3 4A62 3 ;46762 43L:4?6 3 >:<254A79: =3 ;62231:2 ;YCB1>:2 67H32 43B651K62 \ @A3259: F6C156>1:<6B 6: ?34>6=: 1?:C1B1N41: :C462 =3 622125P<>16 \ ;:;AB679: >:?: 6 >41679: =3 ?34>6=:2 3 B6K6<=34162 ;YCB1>62 \ 651K1=6=3 5A4U251>6 3 1<1>1651K62 >:? 43B679: \ >41679: =3 E4D9:2 32;3>16B1O6=:2 <62 @A325H32 A4C6<U251>620 2262 1<1>1651K62 =3?:<2546? A? ;:21>1:<6?3<5: ;:2151K: L43<53 \2 <:K62 =3?6<=62 @A3 2A4D16? 3<54356<5: 32262 1<1>1651K62 <9: L:46? 2AL1>13<532 ;646 653<=34 : >432>1?3<5: LU21>: =3 656B 3 :2 ;4:CB3?62 =3>:443<532 =3226 3X;6<29:0 :4 L1? >:<21=346?:2 @A3 62 43B67H32 =: ;43L315: Q6B?6 646<F9: >:? 235:432 >:<234K6=:432 =6 2:>13=6=3 3 62 67H32 =323<K:BK1=62 ;3B6 ;43L315A46 <9: 43LB353? <6 ;4N51>6 : >64N534 G43K:BA>1:<N41:I @A3 6 B153465A46 B:>6B 6541CA1 6 Q6B?6 646<F9:0 3?:<2546? A? ;:BU51>: @A3 3253K3 3? 21<5:<16 >:? 62 @A325H32 ;:BU51>62 3 2:>1612 =6 Z;:>6 =3 :413<5679: ;:BU51>6 K:B56=6 ;646 =3L326 =3 43L:4?62 2:>16120 (*.*(K2#$ .7 >-7 $ }-0 656B! &'S(&'S'0 $ 0 656B &'()&'(.0 $ 0 656B )/ :A50 &'()0 *-7 61B=3 6BK9:0 1435:46 =6 3? &'()0 &*R)SR)T0 ?64 1?3<560 1435:4 =: <21<: ?A<1>1;6B 3? &'S(0&(R)SR)T0 :C345: A456=:0 3>435N41: =3 3DE>1:2 <534<:2 3 $A4U=1>:2 =6 ;43L315A46 3? &'S(0 &'R)SR)T0 1>16<: A64530 F3L3 =3 6C1<353 =6 ;43L315A46 3? &'()0 .&R)SR)T0 6AB: =3 642: :4436 =3 3B:0 22322:4 >AB5A46B =6 0 .)R)'R)( 6<=342:< 3D4314:20 $:4<6B1256 3 6?1D: =3 Q6B?6 646<F9:0 &dR&)R)( :4<ZB1: 6?;1<6 =6 1BK60 451256 ;:;AB640 .SR&)R)d 0 EA 7 BNK16 %4:5314: 3 =14379:+0 222.0 0 U=3: =:>A?3<5N41: %&.rSdrr =A4679:+0 656B! .))S0 <1K34215N416 &''(0 * T-C7 F55;!RRqqq0<656B04<0D:K0C4R23?A4CRC6144:20;F; )-/-?-7 - BO146 BK320 679: ;:BU51>6 =:2 1<53B3>5A612 =: -0 <! 61: 6K644: %:4D0+0 C0 0. $0G ! 6 3X;341P<>16 =: -0 1: =3 $6<314:! 3K6< .))S0 - 343<60 9. 0- 53X5:2 3? F125E416 :46B0 1: =3 $6<314:! .))*0 B3<A2p60 z BAO =6 ?:=34<1O679: 6 ?:=34<1=6=3 =6 BAO! 6 1<54:=A79: =6 3<34D16 3BZ541>6 3? 656B0 <! <DPB6 Y>16 3 3:4D3 %4D20+0 3.: 0 . ! 6 >:<254A79: =3 A?6 >1=6=3 ?:=34<6 %656B &/')&'*)+0 656B! .))S0 61?A<=:0 >6;156B =: 1: 46<=3 =: :453 <: 1<U>1: =: 2Z>AB: hh0 <! WWWWWW0 3.: 0 . ! 6 >:<254A79: =3 A?6 >1=6=3 ?:=34<6 %656B &/')&'*)+0 656B! .))S0 - :<1O0 5 >0 4 G 0 .03=0 1: =3 $6<314:! 1K1B1O679: -4621B3146 &'d/0 -c 1pF61B0 . 0.. C"0-: >:<53X5: =3 46<7:12 3C3B6120 T03=0 9: 6AB:! -&''T0 - 6416 53BB60 2 2353 ;:4562 =6 >1=6=3 >50 9: 6AB: <: h0 <n T* &''& %1=6=3 3 125E416+ 6;A= 64B6 3443510 9 .:! 3256=: 1D43Q6 3 ?:46=:432 <6 ;4:=A79: =6 F6C15679: ;:;AB64 3? -3B: :41O:<53 % -6144: :? 6C46B &'S'R&'/&+0 &'''0 122345679: %32546=: 3? 125E416+ 6>AB=6=3 =3 1B:2:L16 3 1P<>162 A?6<62 &'''0 12;:<UK3B 3?! F55;!RRF=B0F6<=B30<35R&/*TR (,'0 %qqq0C1CB1:53>6=1D156B0AL?D0C4+0 >322: 3? )SR).R)/0 -c 35340 . 0.. 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