3/16B3 9:/3< 2/B C D33: >:3H73@ 078 63B 9=93< HC:B 63003< 3< 8/@3<:/<5 D/< CE <73CE3 4=@5/D3 63:>B C =; A<3: CE E35 B3 D7<23<
607<,:78/)=%-141/0-1,:=779:+091.
607<,:78/)=+==@93CH3R4C<1B73 )782 7 >:/B3< 3< 7< D=@;3< /993< => ;33@23@3 <7D3/CA /9B/03: D==@ 0/A7A2335 /9B/03: D==@ 53@316B3< 3< 9/D@73A>@=2C1B3< )7>A 3< B@C1A
607<,:78/)= )6/@))5 /)9-6 3B 530@C79 D/< "/<5H//; 5/@3< )/03: D==@ 63B :/<5H//; 5/@3< )7>A 3< B@C1A 6;,771-6 %>/@//B D/< 0C7B3< @37<753< 7<<3<@C7;B3 A1
%-141/0-1,:=779:+091.
@/<253D//@ 33< 0@/<20/@3 D==@E3@>3< 7< 23 =D3< 03E/@3< $==7B 23 23C@ =>3<3< E/<<33@ 3@ A>@/93 7A D/< @==9=>/@//B .
79@)3-6 =)6 :+0),#7-*-079-6 .741- *)38)81-9 7.
6-9/1-B -6 5141-<;18: 73@ 9@785B C B7>A =D3@ 23 ;/<73@ E//@=> C 078 63B 0/993< 3< 0@/23< 9C/@3< => 3<3@573 3< 63B />>/@//B => 23 8C7AB3 ;/<73@ /4D=3@B 6-9/1- *-:8)9-6 3 =D3< /::33< D==@D3@E/@;3< /:A 27B 7< 63B @313>B =4 7< 23 B/03::3< D/< 23 530@C79A//5353D3< 30@C79 2=<93@3 HE/@B 53:/9B3 =4 53N;/7::33@23 0/9D=@;3< 3H3 <3;3< 23 67BB3 078H=<23@ 5=32 => %>3< 23 />>/@//B23C@ B7823
$> 61-<>- )88)9)); < 27B 6==42ABC9 D7<2B C 7<4=@;/B73 =D3@ 63B 03273<7<5A>/<33: 23 4C<1B73A 23 7<;6?052 89<8 9<83A;0@62@<2@? $ )$)"- ' ( ). >..68;<= (2:=2>.@AA>16?=9.E A;0@6282AF28;<= ;3.@AA>O 82AF28;<= ,/$& 9<83A;0@62@<2@? 2 42C2;?@2 89<83A;0@62 <3 12 ?;29B<<>B2>C.>:6;4 862F2; F62 52@ 5<<31?@A8 928@><;6?052 89<8 >..68;<= ;?@2996;42; /6;;2; 22; 89<83A;0@62 A6@B<2>2; <3 12 ?;29B<<>B2>C.
$ )$)"- ' ( ). ,/$& A;0@6282AF28;<= 2 42C2;?@2 3A;0@62 862F2; F62 52@ 5<<31?@A8 ==.>..@ 6;?05.8292; ;3..@ .0@A292 @2:=2>.@AA> @6712;? 52@ <=C.>:2; C22>42B2; F62 52@ 5<<31?@A8 ==.>..@ 6;?05.8292; )6@42?05.8291 .==.>..@ :2;A .?6?6;?@2996;42; <=B>.42; F62 52@ 5<<31?@A8 .?6?6;?@2996;42; C67F642; (2:=2>.@AA>82AF28;<= ;42?05.8291 .==.>..@ @2:=2>.@AA> 6;?@2992; F62 52@ 5<<31?@A8 ==.>..@ 6;?05.8292; )6@42?05.8291 .==.>..@ 6;?@2996;42; 6; 52@ :2;A .
/) .$ * + --$)" ><<@ 4>699O<==2>B9.8 B<<> 4><@2 5<2B2295212; =9.@@2 8926;2 42>205@2; B.; 12 4>699 /67B N ?@2.8? C<>?@72? 926; 4>699O<==2>B9.8 B<<> 8926;2 5<2B2295212; =9.@@2 8926;2 42>205@2; B.; 12 4>699 /67B N ?@2.8? @<.?@ .;4F..: 4.>2; B<<> :.9?2 ?@A882; B922? 162 :216A: >1 :<2@2; C<>12; '@<<:?@.;1 224>67??@.;1 .?E 92.; *2>9605@6;4 B.; 12 /6;;2;>A6:@2 B<<> 52@ 42F<;1 /2>2612; B.; 4><2;@2 B922? 2; B6? B<<> 52@ :.82; B.; 46?@1224 2; E<45A>@ B2>42:.
78 63B 0/993< 3< 0@/23< ;3B 7@1=)63@; 63B3 :C16B 7 23 :C16B17@1C:/B73 ;3B /:A 53D=:5 33< A:316B3@ 0/9R 3< 0@//2@3AC:B//B -..
#7-*-079-6 78 23 :3D3@7<5 D/< CE />>/@//B H78< 23 D=:53<23 B=3036=@3< 7<035@3>3< )384)); /-A5)144--9, D==@ 63B 0/993< D/< >://B530/9 3< 9:37< 530/9 9)),:4-,- /-A5)144--9, D==@ 63B 0/993< D/< D=16B75 530/9 D==@ 63B 0@/23< 63B 5@7::3< 3< 63B =>D/<53< D/< /42@C7>3<23 D:=37AB=4 !77:;-9 /-*7/-6 D==@ 63B 0/993< 7< D=@;3< 63B 0@/23< 7< 0@//2A3@D73A 3< 63B 5@7::3< #33@ B=3036=@3< 9C3< 7< A>317//:H/93< * #*, ) -. '), !24.?E?@22:O?@<<:.==.>..@ " , 'E?@22:O?@<<:.==.>..@ >..1?9212 42K:.
* #*, ) -. '), ><<1/.8?@22; - , >..1?9212 42K:.
%> 23 CC@4C<1B73B=3BA 2@C993< 3 AG;0=:3< 3< H78< D3@:716B %> 63B C@3<27A>:/G D3@A1678 23 /1BC3:3 B782 712@1/-6 %; 23 B782 /16B3@/4 B3 D3@/<23@3< 2@C9B C D//9 => 23 CC@4C<1B73B=3BA B=B 23 AG;0=:3< 3< D3@:716B H78< #3B 23 2@//79<=> 23 /1BC3:3 B782 E78H753< 88)9)); 9-161/-6 #//9 63B />>/@//B D==@ 63B 33@AB3 530@C79 A16==< )=3036=@3< C7B 23 =D3< <3;3< +3@>/997<5A@3AB3< H=/:A ABC983A >73>A16C7
88)9)); *-,1-6-6 < 27B 6==42ABC9 :33AB C 6=3 C 63B />>/@//B 73@/BCC@ 973AB 6=3 C 23 0/A7A7>/@//B /CB=;/B7A16 C7BA16/93:B 88)9)); 16:+0)3-4-6 /< 23 4C<1B7393CH39<=> 2@//73< B=B 63B AG;0==: D==@ 23 53E3 63B B3;>3@/BCC@27A>:/G D3@A16783@/BCC@ /< 23 B3;>3@/BCC@93CH39<=> 2@//73< =; 23 D==@53AB3:23 B3;>3@/BCC@ B3 D3@/<23@3< 3B />>/@//B 0357 B3 E/@;3<
85-9316/-6 3 4C<1B73A "/<5H//; 5/@3< (B==;AB/<2 335@78AAB/<2 3< /AG :3/< 9C 63B B3;>3@/BCC@27A>:/G 533< =4 E=@2B E33@5353D3< ,=@2B 3@ 533< D==@53AB3:23 B3;>3@/BCC@ E33@5353D3< 2/< 7A 23 B3;>3@/BCC@ D/< 23 539=H3< 4C<1B73 33< D/AB3 73@/BCC@ <73B D3@/<23@3< /) .$ 6>0<(52>: 52@2 9A05@ #;@1<<6?@.;1 C.>:@2 **," -. ' . (+ , .//, $) ° O *.?@2 6;?@2996;4 $6FF.?@.;1 O O ><<1/.8?@.
+;<-4- ;-58-9);<<9 78 4C<1B73A ;3B 33< D==@53AB3:23 B3;>3@/BCC@ 9C3@/BCC@ B7823 23 7<4=RB=3BA 3 /1BC3:3 B3;>3@/BCC@ D3@A1678)9516/:+76;974- 3 D3@E/@;7<5A1=3@/BCC@AB7857<5 7< 23 07<<3<@C7;B3 E33@ )3;>3@/BCC@ 03@379B 4033:27<5 >>/@//B E/@;B >/@//B 7A C7B53A16/93:2 3B />>/@//B 6334B 33< 9=3:
):1:16:;-4416/-6 >12@1/-6 *E />>/@//B 6334B D3@A167::3<23 AB/<2//@2 0/A7A7>/@//B ;=3B C7B53A16/93:2 3< <73B 530:=9933@2 H78< <4=RB=3BA A31=<23< :/<5 7<2@C993< =; 7< 63B ;3 63B B3;>3@/BCC@27A>:/G D3@A1678 63B B3;>3@/BCC@27A>:/G E=@2B E33@5353D3< 078D Q #3B 23 B3;>3@/BCC@93CH39<=> 23 5
<;75);1:+0=-141/0-1,:<1;B :+0)3-416/ 3 /CB=;/B7A163 D37:756372AC7BA16/93:7<5 E=@2B 53/1B7D33@2 E/<<33@ C :/<53@3 B782 533< 7 CE 7<53A16/93:23 />>/@//B C7BD=3@B 3 B782A2CC@ E//@>/@//B C7B5//B 7A /46/<93:789 D/< CE 7 63B B3;>3@/BCC@27A>:/G 9<7>>3@B D/< 63B />>/@//B E=@2B =<23@0@=93< -)+;1=-9-6 3 E3@97<5 @//7 23 032@784AAB/<23>/@//B /CB=;/B7A16 C7B
'*&!/) .$ ,/$& <<8C2882> ) 8A;@ 12 C2882> 42/>A682; .9? 22; 8<<8O <3 262>C2882> 2@ .==.>..@ ?05.829@ ;62@ .A@<:.@6?05 6; <3 A6@ 2/>A68?1AA> 2@ .==.>..@ ?05.829@ ;. 22; 6;42?@2912 42/>A68?1AA> /67B N AA> .A@<:.@6?05 A6@ 2/>A68?26;12 2@ .==.>..@ 4..@ <= 22; 6;42?@291 @671?@6= /67B N .A@<:.@6?05 A6@ *<<>82AF2O3A;0@62 2@ .==.>..@ C<>1@ .A@<:.@6?05 6;O 2; A6@42?05.8291 2/>A68?1AA> 2; 42/>A68?26;12 C<>12; 420<:/6;22>1 (671 (671 6;?@2992; ';29B<<>B2>C.
773>-33-9 !:=94C<1B73B=3BA H= D//9 7<2@C993< B=B 23 AG;0=:3< 3< D3@:716B H78< #3B 23 2@//79<=> 23 B782A2CC@ 7B /4 -*9<13:,<<9 CB=;/B7A16 C7BA16/93:3< 3@/BCC@ 7>/@//B E/@;B => !:=94C<1B73B=3BA H= D//9 7<2@C993< B=B 23 AG;0=:3< 3< D3@:716B H78<
#3B 23 2@//79<=> 23 530@C79A2CC@ 7B /4 $/ /4:==> D/< 23 530@C79A2CC@ A16/93:B 63B />>/@//B /CB=;/B7A16 C7B !3CH3A16/93://@ 7< 23 AB/<2 B3@C52@//73< !:=94C<1B73B=3BA 7<2@C993< =; 23 9:=94C<1B73 B3 03N7<2753< -*9<13:-16,- CB=;/B7A16 C7BA16/93:3< => 33< 7<53AB3:2 B782AB7> C<1B73 3< B3;>3@/BCC@ 7>/@//B E/@;B => !:=94C<1B73B=3BA H= D//9 7<2@
%7793-<@-B.
#12, 16:;-44-6 * 9C 23 B782 7)9516/ 78 23 4C<1B73A 7@1=)63@; 63B3 :C16B 3< @==20/9AB/<2 9CE/@;B782 D3@9=@B3< &://BA B78233@/BCC@ 7
$/ 63B 03@3793< D/< 23 7<53AB3:23 B3;>3@/BCC@ A16/93:B 23 A<3:D==@D3@E/@;7<5 C7B 3B AG;0==: D3@2E781::-6 %; CE 7 23 9:=94C<1B73B=3BA B=B 63B 03B@3443<23 AG;0==: D3@:716B 7A .
16,-9:47; < 27B 6==42ABC9 :33AB C 6=3 C 63B />>/@//B 0:=9933@B 6=3 C 63B />>/@//B >3@;/<3>/@//B 9/< <73B >3@ =<53:C9 =4 2==@ =<03D=3523< 078D Q A>3:3<23 97<23@3< E=@23< 7<53A16/93:2 %; 63B />>/@//B E33@ 7< B3 A16/93:3< ;=3B C 63B 230:=993@3< $/ 530@C79 E=@2B 63B />>/@//B <73B /CB=;/B7A16 530:=9933@2 :=9933@ 63B 3D3<73CE =4 /1B7D33@ 23 >3@;/<3>/@//B C7BA16/93:3< <4=RB=3BA 7<532@C9B 6=C23< B=B => 63B B3
-95)6-6;*4733-916/ 3B >3@;/<3>/@//B 9/< <73B >3@ =<53:C9 =4 2==@ =<03D=3523< 078D Q A>3:3<23 97<23@3< E=@23< 7<53A16/93:2 %; 63B />>/@//B 7< B3 A16/93:3< ;=3B C 23 >3@;/<3>/@//B C7B53A16/93:2 6334B E=@2B 63B E33@ /CB=;/B7A16 530:=9933@2 88)9)); 8-95)6-6; *4733-9-6 >>/@//B C7BA16/93:3< <4=RB=3BA 7<532@C9B 6=C23< B=B => 63B B3;>3@/BCC@27A>:/G D3@A16783@/BCC@93CH39<=> 2@//73< B=B => 63B B3;>3@/BCC@27A>:/G D
88)9)); 8-95)6-6; ,-*4733-9-6 <4=RB=3BA 7<532@C9B 6=C23< B=B => 63B B3;>3@/BCC@27A>:/G D3@A16783@/BCC@93CH39<=> 2@//73< B=B => 63B B3;>3@/BCC@27A>:/G D3@A1678<73CE A31=<23< :/<5 7<2@C993< /< 23 B3;>3@/BCC@93CH39<=> 2@//73< B=B => 63B B3;>3@/BCC@27A>:/G D3@A1678>/@//B 7A >3@;/<3
)33-6 78 84);-6 -6 16 =795-6 )3=795-6 ,78 @/23< C //< 2=<93@3 0/9D=@;3< D/< ;3B//: B3 530@C793< :7993< 3< 5:/H3< D=@;3< D3@:3<53< 23 0/9B782 3< 63B 530/9 0@C7 MM< <7D3/C ;3B 7@1=)63@; 63B3 :C16B 33< @316B6=39753 D=@; /:B782 27/5=
,7:B C 078 63B 0/993< => BE33 <7D3/CA 33< 0/9>://B 3< 33< 0@//2A:323 530@C793< A16C74 23 0/9>://B 2/< => 7 7:/B3< 3< 2=<93@3 0/9D=@;3< 3 E//@23< 9C<<3< D/@7N@3< /46/<93:789 D/< 23 A==@B 3< 6=3D33:6372 2335 3< 23 0/9D=@; ,78 @/23< C //< =; 23 33@AB3 933@ 23 ://5AB3 D/< 23 =>5353D3< B3;>3@/BC@3< 7< B3 AB3::3< < >@7<17>3 :3D3@B 23 ://5AB3 B3;>3@/BCC@ 23 ;3
-$- " $, * # ,( # . '/ #. )- #/$!7 (+ , .//, #**". $) 5 $- /$. -' " 6?0A6@><9 *<>: /<12: B>A05@2;@..>@ 6?0A6@ 262>2; 6?0A6@ 262>2; $-. " $9..@42/.8 :2@ 1><42 /212886;4 /67B N ?@><<6?29 ;6B2.A ;6B2.A? 6?@8>.;? OB9205@ 4 '=>6;4B<>: (A9/.;1B<>: #B2; B<<>B2>C.>:2; ' $) " & O O O O O O O O O O O $- ,( -- ;6B2.A ;6B2.A? ' , " ;6B2.A ;6B2.A? O O * 3 ) " ;6B2.A ;6B2.
' $) " & $, * # ,( # . '/ #. )- #/$!7 (+ , .//, #**". $) 5 ) . ,. " $%0 6 *. ,&* &% ;6B2.A ;6B2.A? ;6B2.A? #B2; B<<>B2>C.>:2; )3;)*-4 =779 /-9-+0;-6 -6 3)6;B-6B34)9,1-8=91-:897,<+;-6 O O O &.$% ($)/. ) O O O *0 )7 ) *) ,1 ,(. )- #/$!7 (+ , .//, #**".
3 5353D3:/B3< 3 E//@23< 9C<<3< D/@7N@3< /46/<93:789 D/< 23 A==@B 3< 6=3D33:6372 2335 3< 23 0/9D=@; ,78 @/23< C //< =; 23 33@AB3 933@ 23 ://5AB3 D/< 23 =>5353D3< B3;>3@/BC@3< 7< B3 AB3::3< < >@7<17>3 :3D3@B 23 ://5AB3 B3;>3@/BCC@ 23 ;33AB 53:789;/B753 0@C7<7<5 => ,/<<33@ C 53@316B3< 0/9B D=:53B 6=C2 2/< 23 E//@23< D/< 53:789A==@B75 530/9 7< 23 B/03: //< $33; 23 //
, #. ) ,** &-. ) )- #/$!7 (+ , .//, #**". $) 5 , ++ '+,* / . ) $.@.@2? 3>6@2? ;6B2.A ;6B2.A? ><82@@2; &M?@6 42BA912 ..>1.==2939.==2; ,** ) )& . $ +0,$ ><<172 /.4A2@@2 B<<>42/.882; *<<>42/.882; /><<172? O/.4A2@@2 >.8296;42; B<<>42/.882; /><<172? ,** ) )& . 0**," && ) *<<>42/.882; /><<172? O/.4A2@@2 ,* ). '' .% - $ +0,$ *6??@608? ><2;@2/A>42>? .,/ ' $ +0,$ - O O O O &.$% ($)/. ) O O O O $33 -. ) )- #/$!7 (+ , .//, #**".
. " & $) &0*,( $*)" '$%&( .$" ,/$) " 1*, ) <;@><922> 1.; 12 6;?05A635<<4@2 <;@><922> 12 @2:=2>.@AA> 2@ 2><= 1.@ AC /.8B<>: ;62@ 16>20@ B<<> 12 9A05@A6@9..@ B.; 12 .05@2>C.;1 B.; 12 /6;;2;>A6:@2 ?@..@ <;@><922> <3 12 /.8B<>: 4<21 <= 52@ >< ?@..@ . " & *+ &+' . $*)" '$%&( .$" ,/$) " 1*, ) <;@><922> 1.; 12 6;?05A635<<4@2 <;@><922> 12 @2:=2>.@AA> "22: /67 52@ /.882; <= :22>12>2 ;6B2.A? 12 /.8=9.@2; <= B2>?056992;12 @671?@6==2; A6@ 12 <= 1.@ A /67 52@ /.882; B.
) ,"$ -+ , ) ) 162;@ .9922; :..> B<<> @2 B2>C.>:2; C.;;22> 16@ 6; 12 /.8@./29 6? ..;4242B2; 2/>A68 1<;82>2 /.8B<>:2; <:1.@ 12F2 12 56@@2 /2@2> <=;2:2; !..8 42/>A68 B.; 52@ ;.C.>:2; 2; ?05.829 /67 22; 9.;42>2 /.8@671 12 52@ 26;12 B.; 12 /.8@671 A6@ 977,*)3:;)6, 3 =>5/D3< 7< 23 B/03: H78< @716BE//@23< .
9),-6 < 27B 6==42ABC9 D7<2B C 7<4=@;/B73 =D3@ 0@/23< 7< 63B /:53;33< =>3< 0@/23< 53A:=B3< 0@/23< 63B 0@/23< D/< D:33A 53D=53:B3 3< D7A 0@//2B/03: )7>A 3< B@C1A D==@ 63B 0@/23< '7A71= D/< :3BA3: 2==@ <73B 67BB303AB3<2753 0@//2D=@;3< 30@C79 /::33< 0@//2D=@;3< 273 A>317//: D==@ 23 =D3< 03AB3;2 H78< 78 63B 0@/23< ;3B 7@1=)63@; 63B3 :C16B 7 23 :C16B17@1C:/B73 ;3B /:A 53D=:5 33< A:316B3@ 0@//2@3AC:B//B 8-6 *9),-6 +==@ 63B =>3< 0@/2
78 9:37<3@3 ABC993< D:33A 9C://BA D/< 23 0@//2A:323 33< 9:37<3@3 0@//2D=@; 530@C793< &://BA 23H3 27@31B => 63B @==AB3@ 9),-6 16 ,- *9)),:4-,5-; /-*7/-6 977:;-9 "35 63B 530=53< @==AB3@ 7< 23 0@//2A:323 3< A16C74 23H3 A/;3< 7< => 23H3:423 7B 23 D:=37AB=4 7< 23 0@//2D=@; +=35 H= <=275 E/B 63B3 D:=37AB=4 B=3 9),-6 16 ,- *9)),:4-,5-; *9)),84)
9)),;)*-4 3 0@//2B782 3< B3;>3@/BCC@ 7A /46/<93:789 D/< 23 5@==BB3 23 6==5B3 23 9E/:7B37B 3< 63B A==@B D:33A < 63B /:53;33< 53:2B =3 5@=B3@ 63B D:33A 23A B3 :/53@ 23 B3;>3@/BCC@ 3< 23A B3 :/<53@ 23 0@//2B782 3AB@789 ;/53@ D:33A 83A A>39 => 3 =>5/D3< 7< 23 B/03: H78< @716BE//@23< 3< 53:23< D==@ 63B 0@/23< H=<23@ 239A3: 3 E//@23< 9C<<3< D/@7N@3< /46/<93:789 D/< 63B A==@B 3< 23 6=3D33:6372 D:33A 3< 23 0@//2D=@; (B3: 23 33@AB3 933@ 23 ://5AB3 =>5353D3< B3;>3@/BCC@ 7< < >@
' .??292>>6/ # &. &" $, * # ,( # . '/ #. )- #/$!7 (+ , .//, #**". $) 5 O O , .$% ($)/. ) O O *0 )7 ) *) ,1 ,(. )- #/$!7 (+ , 7 #**". .//, $) 5 O O /) 0' 692@ :216A: 84 &
#18: -6 ;9<+: *,-. . $& ) *! 0' - . ,**" 2 @2:=2>.@AA> <3 22; 8<>@2>2 />..1@671 ..; <;@><922> 1.; 12 6;?05A635<<4@2 *,-. . /) *2>5<<4 12 @2:=2>.@AA> <3 ?05.829 ;. .39<<= B.; 12 />..1@671 12 4>699 2B2; 6; . 0' - $- 0 ) $)) ) )$ . " , "22: 12 @<2/25<>2; 162 ;62@ ;<164 F67; A6@ 12 /6;;2;>A6:@2 2 />..1@6712; ..; <;@><922> :2@ /25A9= B.; 22; B922?@52>:<:2@2> 12 82>;@2:=2>.@AA> B.; 52@ B922? . , (+ $) $)) ),/$(. -' . ) , *+ ++ , . /, +.;;22> 52@ .==.>..
30@C79 =; B3 5@7::3< /:B782 63B @==AB3@ 3< 23 0@//2A:323 "35 63B @==AB3@ 7< 23 0@//2A:323 3< A16C74 03723 7< => 23 75353D3< .
, #. ) 0 ) ",$'' ,& )-0' 2/>.12; B.>82;?B922? :2@ FC<2>1 *.>82;??052;829 )- #/$!#**". (+ , .//, $) 5 ,$''.$% $) ($)/. ) O O O O /) 0' & /22; :216A: 0*" '. *)" 0/' .9B2 86==2; O ?@A8? 6= 5229 O ?@A8? 2;1 5229 O 84 2;12;/<>?@ .;? 5229 O 84 .;F2;/<>?@ .
7:1;1- =)6 0-; 977:;-9 * 9C=A7B73 D/< 63B @==AB3@ B3 D3@/<23@3< **-. , ,/$& +*-$.$ 0 ) # . ,**-. , #)*-4 9144 /977; , #. ) 0 ) ",$'' 2@ 42/<42; >< :2@ 12 5<9@2 ;..> /2;212; 6; 12 />..1?9212 92442; 42?0568@ B<<> 42>205@2; 162 C242;1 1<<>/.882; :<2@2; F67; 2@ 42/<42; >< :2@ 12 5<9@2 ;..> /..1?9212 92442; 42?0568@ B<<> 42>205@2; 162 C242;1 ?.64;.;@ @<@ :216A: :<2@2; F67; +.;;22> A 22; B9.
, #. ) 0 ) ",$'' )- #/$!#**". (+ , .//, $) 5 ,$''.$% $) ($)/. ) (-0' 692@? <@292@@2; O *,-. ) O O 0*" '. 6==2;/2?A9@..@ 8A;;2; 4>699@6712; B2>8<>@ <3 B2>92;41 C<>12; 605@ 6;?;6712; <<> 4..@72? @2 =>6882; 6; 52@ B29 8.; 12 B<>:6;4 B.
#)*-4 9144 34-16 , #. ) 0 ) ",$'' *,-. ) 3 =>5/D3< 7< 23 B/03: H78< @716BE//@23< 3 E//@23< 9C<<3< /:
-9-1,-6 5-; :;775 3 (B==;AB/<2 9/< /::33< 7< D3@07<27<5 ;3B 63B ;35/AGAB33;RAB==;/>>/@//B /:A 3FB@/ B=3036=@3< 7< 23 D/96/<23: D3@9@7850//@ E=@23< 530@C79B (16/93: 23 AB==;AB/<2 /::33< 7< E/<<33@ 23 07<<3<@C7;B3 D=::3275 7A /4539=3:2 9/;3@B3;>3@/BCC@ ,/<<33@ 63B B3;>3@/BCC@27A>:/G /4E7AA3:3<2 3< D3@A1678<73CE 7< 3B AB==;>@=13A E=@2B /CB=;/B7A16
--/912::;)6, < 27B 6==42ABC9 D7<2B C 7<4=@;/B73 =D3@ 23 2335@78AAB/<2 =D3@ 23 03@3727<5 D/< 57AB2335 3< G=56C@B %; 23 4C<1B73 335@78AAB/<2 B3 9C<<3< 530@C793< ;=3B 23 07<<3<@C7;B3 /4539=3:2 H78< 9/;3@B3;>3@/BCC@ ,/<<33@ 63B B3;>3@/BCC@27A>:/G /4E7AA3:3<2 =4 3< R R 9<7>>3@3< 7A 23 07<<3<@C7;B3 <73B D=::3275 /4539=3:2 ,/16B B=B 23 07<<3<@C7;B3 /4539=3:2 7A 3< A16/93: 23 2335@78AAB/<2 =><73CE 7< 1:;,--/ -; 78 (16/23 //< 63B =>>3@D:/9 D/< 63B 3;/7: /:A
+3@E7823@ :=AA3< 3< ;3B 63:23@ E/B3@ /4<3;3< 3 =>5/D3< 7< 23 B/03: H78< @716BE//@23< $-. " 605@ 12244 /67B N 7 ==6FF.1224 4 //><<1B9205@ 1 9 5 -C..> B2@>678 7 12244 /67 882>?@?@<9 9 $$.;2@@<;2 /67B N 605@ /><<11224 -C..> /><<11224 * 0 '# $ $%-.$% $) ( ' $) ($)/.
'7/0<9; )=3036=@3< 3< 7<6/<5@==AB3@A B3:3A1==>@/7:A =4 /4H=<23@:7893 7/AB3C@7A33@23 ;3:9 B=B J =>E/@;3< =4 "7B3@ 53>/AB3C@7A33@23 ;3:9 MM< 933@ =>9=93< 3< B=B J :/B3< /49=3:3< 5 G=56C@B 078 23 E/@;3 ;3:9 2=3< 3@ 2==@633< @=3@3< 3< 673@ 53:789;/B75 >=B83A =4 9=;;3< ;33 DC::3< $73B ;33@ 2/< ;: >3@ >=@B73 530@C793< 3 >=B83A =4 9=;;3< ;3B 33< >/AA3<2 239A3: =4 >:/AB714=:73 /423993< 3 D=@;3< => 53:789;/B753 /4AB/
)6/@))5 /)9-6 < 27B 6==42ABC9 D7<2B C 7<4=@;/B73 =D3@ 63B "/<5H//; 5/@3< =D3@ B7>A 3< B@C1A #3B "/<5H//; 5/@3< E=@2B 63B 53@316B 078 33< H33@ :/53 B3;>3@/BCC@ 03@372 2//@=; E=@2B 63B ==9 E3: I5/@3< 078 33< :/53 B3;>3@/BCC@ 53<=3;2 3B :/<5H//; 5/@3< 7A 723//: D==@ /::3 H/16B3 23:3< D/< 078D Q @C<2 9/:4 D/@93< :/; 3< 53D=53:B3 273 ;327C; @=AM =4 633: AB7>B 535//@2 ;=3B3< E=@23< 3B D:33A 0:784B 633: A/>>75 H/16B 3< ;/:A -; /-*9<13 =)6 )6/@))5 /)9-6 "3B => 23 D=:53<23 >C
3 9E/:7B37B D/< 63B ;/B3@7//: D/< 23 0@//2A:323 3< 23 AB/<2 D/< 23 9==9H=<3 9/< 23 //<0@//2B782 03O3@/BCC@ ,/<<33@ 63B B3;>3@/BCC@27A>:/G /4E7AA3:3<2 =4 3< D3@A1678
#)*-4 =779 0-; 4)6/@))5 /)9-6 3 =>5/D3< 7< 23 B/03: H78< @716BE//@23< 3 //<0@//2B782 53:2B D==@ 63B //<0@/23< 7< 33< 63B3 0@//2A:323 ;3B 0=B3@ =4 =:73 <4=@;/B73 D==@ D3@23@3 D3@E3@97<5 D3@23@3 7B3< D7<2B C 7< 63B 078036=@3<23 9==90=39 ) , ) $) ($)/. ) )"3 ( " , ) $) ($)/. ) ,& )-0' 692@ 5229 0. 4 &A4 0. 84 O 0: 168 !21.699<;? 0: 168 '@2.8? B.; 12 >A4 O 0: 168 O O O O O O O O /) 0' 692@ 5229 84 &
#18: -6 ;9<+: )"3 ( " " , 0' - &* '. . -) ' ! #= B<<>B2>C.>:12 /<>12; :2@ 22; F22> C.>:2 ?.A? <=162;2; )"3 ( " " , 0' 1 ,(#*/ ) '05.829 12 3A;0@62 C.>:@2 6; 2; F2@ 12 @2:=2>.@AA> <= I 926;2 ?@A882; B922? 8A;;2; :.D6:..9 :6;A@2; 2; 4><@2 :.D6:..9 AA> C<>12; C.
30@C79 078 63B = MM< <7D3/C 7 BE33 <7D3/CA 7D@73A:3D362?=><1A0@2; 162=B>62?92B2;?:611292; O ><<1N N ><<172? O 4 O ><<4 162=B>62?=9..@42/.8 *<05@64 162=B>62?=9..@42/.
65)3-6 3D//@ D==@ :3BA3: <;//9>=BB3< D/< :3D3 33< D3@933@23 ;/<73@ H78< 7<53;//9B 9C<<3< 0/@AB3< $33; 23 D=:53<23 //3:7893 AB//B D3@93@3< 30@C79 /::33< A16=<3 3< =<03A16/27523 7<;//9>=BB3< 3 7<;//9>=BB3< ;=53< 3:9//@ <73B @/93< E/<<33@ H3 7< 23 07<<3<@C7;B3 AB//< < 23 07<<3<@C7;B3 9C=BB3< D/< L =4 L :7B3@ B353:7893@B782 7<;/93< ;3B 7@1=)63@; 63B3 :C16B =C2 673@078
97-6;- =779*-9-1,-6 @=3=BB3< B=B 1/ 1; =<23@ 23 @/<2 DC::3< ;3B 23 5@=3=BB3< 27@31B DC::3< ;3B 633B E/B3@ 2/B 33@AB 539==9B 7A 65))387;;-6 ).
9<1; )>/@//B C7BA16/93:3< H=2@/ /::3 7<;//9>=BB3< 0=@@3:3< <;//9>=BB3< <=5 33< >//@ ;7C@33 =4 />>3:;=3A 1/ R ;73@/BCC@ B3@C50@3<53< B=B J H=2@/ /::3 7<;//9>=BB3< 0=@@3:3< <;//9>=BB3< 1/ ;7>/@//B C7BA16/93:3< <;//9>=BB3< <=5 1/ R ;7
!-161/16/ -6 76,-907<, < 27B 6==42ABC9 D7<2B C 7<4=@;/B73 =D3@ @37<757<5 3< =<23@6=C2 D/< CE />>/@//B @37<757<5A;7223:3< 3< R6C:>3< H3:4@37<753<23 =>>3@D:/993< 7< 23 07<<3<@C7;B3 @37<757<5A6C:> /AG :3/< 3D//@ D==@ 9=@BA:C7B7<5 30@C79 533< 6=532@C9@37<753@ =4 AB==;AB@//:/>>/@//B =; CE />>/@//B A16==< B3 ;/93< ;;-6;1- (16/23 //< 63B =>>3@D:/9 30@C79 533< A163@>3 =4 A16C@3<23 A16==<;//9;7223:3< 30@C79 533< A16C@3<23 A16==<;//96C:>;7223:3< H=/:A AB//:E=: =4 A16CC@A>=
-; )88)9)); =)6 *<1;-6 9-161/-6 ++ , .*) , ' *++ ,0' & &<2?@B>67?@.92; <==2>B9.882; 29.8@2 <==2>B9.882; 9.F2; <==2>B9.882; &A6@2; B.; 12 12A> $)$"$)"-($ ' 7#/'+ ; 12 5.;129 42/>A68296782 ?05<<;:..8:611292; :2@ 22; F.05@2 B<05@642 1<28 <3 F22: <=/>2;42; :2@ 22; F.05@2 1<28 ;.1><42; 2/>A68 /67 ?@2>82 B2>BA696;4 22; >26;646;4?:61129 B<<> 42:.@@22>1 ><2?@B>67 ?@..9 ; 12 5.;129 42/>A68296782 ?05<<;:..8:611292; :2@ 22; F.05@2 B<05@642 1<28 <3 F22: <=/>2;42; :2@ 22; F.05@2 1<28 ;.
166-69<15;:+07765)3-6 ;;-6;1- (16/23 //< 63B =>>3@D:/9 #//9 533< 530@C79 D/< A>317//: D==@ =D33@/BC@3< 7<530@/<2 73@2==@ 9C<<3< 3@ 9:37<3 9:3C@D3@A167::3< = 23 E3@97<5 3 A;/::3 @/<23< D/< 23 0/9>:/B3< 9C<<3< <73B D=::3275 E=@23< 53N;/7::33@2 .3 9C<<3< 2//@=; @CE H78< 3 03A163@;7<5 B353< 1=@@=A73 7A 316B3@ 535/@/<233@2 ++ , .*) , ' #==2>B9.882; B.; 2:.69 49.
%-9=<1416/ =-9512,-6 %; D3@DC7:7<5 D/< 23 07<<3<@C7;B3 B3 D==@9=;3< 273 D==@ 63B 03@3723< D/< H33@ D=16B75 530/9 23 0@//2A:323 B3 530@C793< D==@ 63B 0/993< 3< 0@/23< 53A1679B3 D=@;3< 078D Q 33
-; 78 %>>3@D:/9B3A16/23 => 23 H3:4@37<753<23 =>>3@D:/993< 2==@ 63B 530@C79 D/< A16C@3<23 3< HCC@6=C23<23 @37<757<5A;7223:3< 3< R6C:>3< 30@C79 533< @37<757<5A;7223:3< 273 A16C@3<23 AB=443< =4 HC@3< 03D/BB3< 30@C79 533< A16C@3<23 @37<757<5A6C:>3< H=/:A 078D Q AB//:E=: =4 A16CC@A>=>/@//B D==@H73< D/< 23 @37<757<5A6C:> /AG :3/< ==@ 33< /CB=;/B7A16 53@353:23 D3@2/;>7<5 D/< H33>A=> E393< 23 DC7:@3AB3< :=A 3< 9C<<3< D3@D=
>>/@//B23C@ A:C7B3< /AG :3/< 7 63B B3;>3@/BCC@27A>:/G D3@A1678>3@B 2/< 7A 23 07<<3<@C7;B3 <73B D=::3275 /4539=3:2 (16/93: 7< 27B 53D/: /AG :3/< C7B 3< E/16B B=B 23 07<<3<@C7;B3 /4539=3:2 7A $/ /4:==> D/< 23 @37<757<5A6C:> /AG :3/< 9:7<9B 3@ 33< A75>/@//B23C@ =>3<3< 3< 63B @3ABE/B3@ ;3B 33< 5=32 /0
"6-4,97/16/ 3 />>/@//B23C@ 3< :/B3< AB//< 7@1=)63@; 63B3 :C16B ;3B J 7>/@//B C7BA16/93:3< 3< 23 />>/@//B23C@ A:C7B3< 88)9));,-<9 16*9-6/-6 -6 =-9>12,-9-6 %; 23 =D3< 53;/993:7893@ B3 @37<753< 9C>/@//B23C@ D3@E7823@3< 3D//@ D==@ :3BA3: 3 A16/@<73@3< D/< 23 />>/@//B23C@ 9C<<3< ;3B 5@=B3 9@/16B B3@C59:/>>3< !:/> 23 0:=9933@63<23:A D/< 23 A16/@<73@3< =; 23 23C@ B3 9C<<3< D3@E7823@3< /:B782 63:3;//: =>3<
3 />>/@//B23C@ HP D3@ A:C7B3< B=B C ;3@9B 2/B 3@ 33< E33@AB/<2 7A 4033:27<5 #3B 03723 6/<23< :7<9A 3< @316BA D/AB>/993< 73BA D3@23@ A:C7B3< 3< 3@C7B B@3993< 4033:27<5 88)9));,-<9 16*9-6/-6 (16/@<73@3< 7< 23 6=C23@A :7<9A 3< @316BA 7<0@3<53< 4033:27<5 3 933> D/< 03723 A16/@<73@3< ;=3B 7<9:7993< >>/@//B23C@ 63:3;//: =>3<3< :=9933@63<23:A :7<9A 3< @316BA 63:3;//: 2716B9:/>>3< 4033:27<5 3 />>/@//B23C@ 7A 03D37:752 3< 9/< <73B ;33@ E=@23< D3@E7823@2 >>/@//B23C@ A:C7B3<
!<1;-6 =)6 ,- ,-<9 :+07765)3-6 %; 53;/993:7893@ A16==< B3 ;/93< 9C>/@//B23C@ D3@E7823@3< 3D//@ D==@ :3BA3: 3 1=;>=<3>/@//B23C@ 9C<<3< A163@>3 @/<23< 63003< 73@2==@ 9C:=>3< @//5 D37:756372A6/<2A16=3<3< ;;-6;1- 30@C79 63B />>/@//B >/A E33@ E/<<33@ 23 @C7B3< 3< 23 />>/@//B23C@ 12,-9-6 >>/@//B23C@ D3@E7823@3< 3< ;3B 23 D==@9/ 33< H/16B3 A16=<3 =<23@5@=<2 :3553< H73 63
3 6=C23@A :7<9A 3< @316BA B7::3< 078D Q ;3B 33< 0/9A>//< 3< C7B<3;3< !-161/-6 '37<75 23 23C@@C7B3< ;3B 5:/A@37<753@ 3< 33< H/16B3 2=39 ;;-6;1- 30@C79 533< A163@>3 =4 A16C@3<23 ;7223:3< 3< 533< A16@/>3@ 3B 5:/A 9/< 673@2==@ 03A16/2752 @/93< 166-6:;- ,-<99<1; 16*9-6/-6 3 07<<3
4).
60)6/977:;-9: 9-161/-6 * 9C=
#-4-:+7789)14: :+07765)3-6 * 9C@/7:A D3@E7823@3< =; H3 53;/993:7893@ A16==< B3 ;/93< '7A71= D/< D3@0@/<27<5 2==@ 63B3 =<23@23:3< 7< 23 07<<3<@C7;B3 ,/16B B=B 23 07<<3<@C7;B3 /4539=3:2 7A #-4-:+7789)14: =-9>12,-9-6 :/2D33@ @/7: //< 23 D==@9/H78 D3@E7823@3< )3:3A1==>@/7: 3@ //< 23 /16B3@9/@/7:A ;3B /4E/A;7223: 3< A>=
";7916/-6 -6 9-8)9);1-: @ 6=34B <73B /:B782 1=53<=;3< ;3B 23 9:/:=AA7<5 H=@53< < 23 D=:53<23 B/03: AB//< 33< >//@ B7>A =; AB=@7<53< => B3 :=AA3< !/ 33< 3:39B@7A163 A16=9 ,3@9H//;6323< //< 23 3:39B@=<71/ D/< 63B />>/@//B ;=53< /::33< 2==@ 33< D/9;/< E=@23< C7B53D=3@2 78 63B E3@93< //< 23 3:39B@=<71/ D/< 63B />>/@//B 03A:7AB 23 <3BAB3993@ C7B 63B AB=>1=
.*,$)" 928@><;6?05 42?@AA>12 3A;0@62? B2>@<;2; 22; ?@<>6;4 67 52@ 6;?05.8292; B.; 22; 3A;0@62 B2>?0567;@ <3 <= 52@ @2:=2>.@AA>16?=9.E ==.>..@ 6? .A@<:.@6?05 A6@42?05.8291 <= 52@ @2:=2>.@AA>16?=9.E 8;6==2>@ *" '$%& **,3 & ;2>42@6?052 6:=A9?2; /67B N 22; /968?2:6;?9.4 ==.>..@ 6? ;62@ B<992164 .3428<291 67 52@ />.12; <3 4>6992; <;@?@..@ 22; C.9: *2@ <= 52@ 4>699292:2;@ B2>/>.;1@ ==.>..@ 6? .9? /2B269646;4 @242; B2>56@@6;4 A6@42?05.8291 &< <3 />..
)58 =)6 ,*166-69<15;=-9=)6/-6 3< 23431B3 :/;> 7< 23 07<<3<@C7;B3 2733< 9C3< 078 23 9:/317//:H/93< R + , 67BB303AB3<275 B=B J 30@C79 /::33< 23H3 :/;>3< !/ 33< 3:39B@7A163 A16=9 #//9 63B />>/@//B AB@==;:==A 1B7D33@ 23 H393@7<5A/CB=;//B =4 2@//7 23 H393@7<5 D/< 23 ;3B3@9/AB D/< CE E=<7<5 3@C7B )6332=39 7< 23 = D3@D
)47/--64)58-6 =-9=)6/-6 -.. 1/0; 3< 23431B3 6/:=533<:/;> 2733< 9C3< 078 23 9:/317//:H/93< R47BB7<5 + , 67BB303AB3<275 B=B J 30@C79 C7BA:C7B3<2 =@757<3:3 :/;>3< !/ 33< 3:39B@7A163 A16=9 .
#3B 63B /<23@3 53@332A16/> 23 6/:=533<:/;> D3@D/<53< 30@C79 33< A16=<3 2=39 4A163@;7<5 //<0@3<53< >>/@//B23C@ 7<0@3<53< #=16B 23 D3@:716B7<5 <73B 4C<1B7=<3@3< 5/ 2/< 3< 5=32 03D3AB752 H78< -<9,1+0;16/ =-9=)6/-6 A 23 23C@2716B7<5 23431B 2/< ;=3B 23H3 E=@23< D3@D/<53< +3@D/<53<23 /42716B7<53< H78< D3@9@7850//@ 078 23 9:/ D73@ >://BA3< 7<536/<53< 4033:27<5 %; 23 2716B7<5 B3 D3@D/<53< 23 6/93<
"-9=1+-,1-6:; 78 AB=@7<53< 3< @3>/@/B73A 273 C <73B H3:4 9C:=AA3< AB//B 23 A3@D713273<33;B ;3B 23 9:/<33;B ;3B 23 9:/53D3< * D7<2B 23H3 => 63B BG>3>://B83 /16B3@ 23 />>/@//B23C@ :7<9A=<23@ //< 23 H789/
#-:;/-9-+0;-6 )3AB53@316B3< D=:53/AA7<5 H=<23@ A<3:D==@D3@E/@;7<5 && ) )- #/$!7 #**". '=>6@? ':.99 0.82? ?@A8? =2> =9..@ +.@2>/6?0A6@ $9..@42/.8 :2@ 46?@ <;82>2 .==29@..>@ B<>:2; ;..?@ 298..> .3/22916;4 <;82>2 .==29@..>@ B<>:2; 16.4<;..9 42=9..@?@ .3/22916;4 #B2; B<<>B2>C.>:2; :6;A@2; B<<>B2>C.>:2; /) .$ & //, $) ($)/.
,$'' ) )- #/$!7 #**". *-$.$ 0 ) # . ,**-. , /) .$ (+ , .//, $) 4 (<.?@ />..1?9212 42/<42; >< 223?@2.8? ?@A8? />..1?9212 42/<42; >< :6;A@2; B<<>B2>C.>:2; ". B.; 12 @671 82>2; ,$''.$% $) ($)/.
