3

!#"!$&%'

( *)+-,'. /012 3-456 7'
8:9<;>=5?A@CBED@F?AGIH5JLK
9<J=5?CT18U?FH5JVXW.GY M H]\2G@C^
M6NLOPN!Q ?AR5J
S M6NLOZN[Q ?AR5J
eZfhgi@CGIS`j@C_bBk@CadT c
8Urt?CTmsquwlvnxwy{oCz>pqv pXp
>}w~w|d<}wk<<}b~w~w<.}w6-k~{L}I75<k.C}X{<6kC{<}w}wk}w~5C}FL.-}5 }.~<k><}kt}<<}w5<} C}w<]F}}wL<<<k><]}wI}w}~~kI
k.}7}}w6<5kC}7}w}>.F<}5L>k.F}b-L2-Zkw>}k7}.<~<C>{I<}{>I><t<k}w<F}wI}<.}C|
~}}
<kL.}}5{.}-}}I}}k
C>kC}{7 }L<}k6k>-k<}-}Fd}}w}<E}~w}kk}6.-~}L77<
~~{|dI}<}L} F}6F<}k{}}wF}wk~C<}t}wi}wk{<
7ki<k<I}w<}w}wF
}<} C~w}L{
.C}wk}<}>F{{<C}}5}CI<}}F}{{}}C~w}<6t~<k{C}}5k}6wk}7C~<b
~w{}w+i{Xk}.{Ik{}X<
<k<}.-~L7<q}CF}P}F}Cd}F}w<}Pk6kC}~kC}C}w<wkPtk5kC}}]}w<k}.<~<}w
F~<C}w}6k<}
>CI}7Ft
>CCkC<}<k{<}IC<6<}w}kCk}~<7
FkkC{}w}6{~k.<w}w{.<tC}}C}kIkCk{}<}}~w<<k<}wb<}wk7CI2~wk }
k.C}d{{~w]}wkk}>>6{F.I}~w~~}w6IkF<}-d}5}wC<}<k.}}wiI.<I}-k.P}kCC}}5I
k<C<}-dq<<{k6I<<}w}wI~}wkt<k<Ct}}5~w<<}w~I<<~<}ww
I<k<k<}w5kk}i~w}I}w5FkCC~<`}kI }>F}}Ci}}w~w<}L~w} kC} P><~wwE`<}wk~<X}t`~wC} kC~<}
k~w}w6-.}~w}w<2k}ww}tbkiC}k}.<>}6CbF}}]kX}L<<{}2<}q<}<w~<6F<-kF}.<}wF~w}<<<}w}wF
~w
<<F}~~w~I{I<C}i}d.}ikL<C<~kCL}w<5kIC<}w]w.Fb}<}w7<}Lki<6<w }wk>{
k}w{77~}<>}k}}k<}X<}k<-<}wdI }~<}wk~w~w}wI>{}X{{-}}}}kL<6}C~wCL}C}wL~wwk}w.}kkF}<k}w~kb><}w}wk}d~w<2k}w
6k{}.kL}wI<FkkF-}7<}b-}L<-C-k.|
5}.<<<}><I~:<.>}wkC}>.wC~wk~w
q k>.> >kI> 5
`2> >CC5F>. 2C> <C2 I bw IXFk62>A>A{

!#"%$'&)('*+-,.$/
0213465798: ;.<>=<?56@BA3C5 ; : ==C: =9D0)EGFH=JI!1K@823C:.<>@ML563; : N':.@PORQ?:1K3C@<?@SUTV176:XWV:.; 56NU:Y1
=CO1@8V1K3C8UL31N':.Z[5\3C4XL5\3AQ1@@<?@S/1@]8^Q?:1K3C@<?@S/<?@9_@;.: 3CO1<?@2: @ 7 <?3C56@]N': @ OC=`baT:
8: =<>3:cO5^1KOCOJ1K;4Â]3C56W]Q>:.N'=d5KL%<>@]; 3C:1K=C<?@S9; 5\N'AQ?: e <?Of/Z<?OCT2OT<?=L5\3CN^1KQ?<>=NgTV1K=d3C:ih
; : @ OCQ?fjQ?: 8k3C: =:13;JT]: 3C=9OC5BL5P;._=cAl13CO<?; _Q13/1OOC: @ OC<?5\@m56@n02ERFb=/Z<?OCToD: e Al56@: @Mh
OC<1Q?Q?f'5\3R: 76: @j<?@ pl@<?OC: Q?fIQ13S6:X=CO1OC:/=AV1;.: =q%1K@8r5\@2AV1K3COC<1KQ>Q?f956W]=C: 3761WQ?:/02ERFb=
DF%sR02ERFb=I ùtv@ _N/Wl: 3/5L!<?@ OC: 3: =CO<?@Sw1@8nWV1K=C<?;2<?=C=_: =213<>=:rZT]: @w8: =<?S6@<?@S
AQ1@@]<>@]Sc1@89Q?:1K3C@<?@S/1Q?S65\3C<?OCT]N'=bL5\3[Q1K3CS6:!F%sR02ERFb=`
x#<?3=COqR1=UOCT:B=CO1O:r=AV1; :BWl: ; 56NU: =9Q13CS\:6qOT:2; Q1==C<?;1KQG3: A3: =C: @ O1OC<?5\@y5LY1
F%sR02ERFjW f/: e AQ?<?; <?O%OJ1KWQ?: =+5L-O3J1K@=C<?OC<?5\@/A3C5\WV1W<?Q?<?OC<?: =q63: Zz1K3C8=d1K@8'5\W=C:.3C761O<?56@=
; Q?:13Q?f^Wl: ; 5\N': ={<?@ L:1K=C<?WQ?:6`{a-5/<?@ OC:.Q>Q?<?S6:.@POQ?f'8<?=C;._=C=ROCT]:cA356WQ?: N|5KL[AQ1@]@<?@SX}
OCTV1KOd<?=q]; 56NUA_O<>@]S'1/S65 5 89=CO3J1O: S6f)<>@B1XS6<?76: @BF%sR02ERFk}~J\6~5\3d<?N'AQ?<?; <?O
3C: A]3C: =: @ OJ1O<?56@=U5LGF%sR02ERFb=BD=C_];JTw1K=c3: A3C:.=C: @ OJ1KOC<?56@]='<?@mZT<?;TmOT:9@: e Oh=CO1O:
8<?=CO3C<?W_O<>5\@=+;1@9Wl:dL1; O563C:.8 zE{R6 q+!6]q F6IN/_=CO+Wl:G8]: 76: Q?5\AV: 8`[ : ;ih
56@8q: 7\: @1; 56NUAV1;.O3C: A3: =C:.@PO1O<>5\@j5Lz1UF%sR02ERFn<?=d@5US6_V1K3J1K@PO: :XOCTV1KOG1/S\5 5P8
6\!<?@UOCTV1KOdF%sR02ERFmTl1=d1X; 5\N'AV1K; O%3C:.A3C: =: @ OJ1KOC<?56@#`+aT _=q Z[:RN/_=Oz1KQ>=5cWl:
A3C:.AV13: 89OC5!; 5\@=C<?8:.3; 56NUAV1; O3C: A3: =C:.@PO1O<>5\@=L563%=OC3J1KOC: S\<?: =!D=_;T1K=[OT56=:dOf A<h
;1Q?Q?fR; 56@]=C<?8: 3: 8'ZT:.@/_=C<?@SRL_@; O<>5\@Y1KAA35eP<?N91OC<?5\@G<?@X=CO1@8V1K3C8'02ERFb={ Mz\.I.`
0956O<>761KOC: 89W f9OCT:.=C:/<?=C=_: =q<>@)OCT<?=dAl1Al: 3RZ[:/188]3C: ==GOT:L56Q?Q?5Z<?@Sc _:.=COC<?5\@#
S6<?76:.@mOCT]:r1W<?Q?<?OfjOC5j=<>N/_]Q1KOC:/: e Al: 3C<?: @]; :j<?@1jFsG0)EGFq1@]8S\<?76: @w1B; Q1==
5LR=COC31O: S6<?: =Ucq+T5Zg;1K@nZ[:9;T5 56=:r1ruu|ZT56=:^:.ePAl: ; O: 8o3C: O_3C@w<?=/; Q?5\=C:
OC5BOCT:9Wl: =COUAV5\=C=<>W]Q>:9Z<?OCT]<>@kOCT:9; Q1K=C=/G{: 3C:2Z+:213:^<?N91S6<?@<?@SUOCTV1KO/<?='1
3C: =OC3<>;.OC: 8w;.Q1K=C=/5KL=OC31OC:.S6<?: =q+Al: 3CTl1A=US6<?76: @kW fm=C5\N':U; 56NUAV1; OX3C:.A3C: =: @ OJ1KOC<?56@#q
563/Al: 3CTl1A=U8:pV@:.8W fm=56NU:'@V1KOC_31QdQ?<?N'<?O1OC<?5\@r5\@=OC31OC:.S6<?: =jD=_;T1=UTV17 <>@]S
WV5\_@8:.8jN': NU563CfI.`!j:/Z<?Q?Q#L5P;._=!56@jOT:/ _: =OC<?56@j5KLzT5ZZ+:/=CT5\_Q?8rS\: @: 31O:
: e AV:.3C<?: @; :/<?@2OT:/F%sR02ERFw<?@r1Zz1fUOCTV1KO1KQ?Q>5Z=_]=GO5'=<>N/_]Q>O1@:.56_=Q>f/:.=COC<?N91OC:
OCT:R761KQ>_]:d5L[1K=[N91@ fc=OC31OC:.S6<?: =!1=Al56==C<?WQ?:6`
09563:rA3: ; <?=C:.Q>f q{Z[:B; 56@]=C<?8: 3r1=C: OOC<?@Sw<?@wZT]<>;TwZ+:j13C:jS\<?76: @1K; ; : ==2OC5w1
6C\'X6.Cqb563R=C<?N/_Q1O563qL563cÙ@ L5\3CN^1KQ?Q>f\qVOT<?=!<?=!1nCWQ1K;J4)WV5e 2OTV1O
1Q?Q?5Z=/_='O5nS6: @:.3J1O:rN91@ fmO3J1 i: ; OC5\3C<?: =25KLc: e Al: 3C<?: @;.:j<>@OCT:jF%sR02ERFbqL3C5\N
8<:.3C: @ O=CO1O: =!1@8U_@8: 3{8<:.3C: @ Od=OC31OC:.S6<?: =`R:.@: 3J1KOC<?76:RNU5P8]: Q?=z1K3C:!1X@V1O_3J1KQ
Zz1f)<>@BZT<?;T1Q1K3CS\:YF%sR02ERFN'<?S6T OWl:'=CAl: ; <pV:.8#q%1@8m1K3C:/NU563C:XS6:.@: 3J1KQ[OTV1@
N'5\=CO; 5\N'AV1K; Oq.=COC3_; O_3C: 8U3C: A]3C: =: @ OJ1O<?56@=q6<?@!OT:[=: @=:[OTV1Ob=C_];JTX3C:.A3C: =: @ OJ1KOC<?56@=
_=C_l1Q?Q?fGA]3C57 <?8:[1@X:'; <?: @ ObZ1fG5KLV<?N'AQ?: NU: @ OC<?@S1S\: @: 31OC<?7\:N'5 8: Q`R: @:.3J1O<?76:
N'5 8: Q?=RA357P<?8:/Q?: ==c<?@ L563CN91O<>5\@9OCTV1K@j: e AQ?<>;.<>OOJ1W]Q>:.=c5KLzA356WV1KW<?Q?<>O<?: =q3C: Z138=q
1@8)56W=: 3C761KOC<?56@=qW_O!1K3C:XN'563:!Al5Z[: 3L_QbOCTl1@j1'=<?@S6Q?:!; 5\@ OC<?@ _56_=q<?3C3: 76: 3=C<?WQ?:
OC31 : ; O563f5KLG: e Al: 3C<?: @]; :jS6: @]: 3J1KOC: 81K; ; 5\3C8<?@SkOC5j=C5\N':pVe : 8w=CO3J1KOC: S\fP`@wOCT<?=
=C: @]=C:6q 3: =C_Q?O=%56WO1<?@: 8X7 <1d1{S6: @]: 3J1KOC<?76:NU5P8]: Q WQ?_3bOCT:8<?=OC<?@; O<>5\@cWl: OZ+: : @UZTV1O
<?=[Of A<?;1KQ>Q?f/;1KQ?Q>:.8mCA]Q1K@@<?@S\Y1K@8mQ>:13C@]<>@]S6X<>@9F%sR02ERFb=`
j:2Z<?Q>QR=OC_8fOCT:B _: =CO<?56@#kd5ZN^1@ fk;1Q?Q?='O51S6: @]: 3J1KOC<?76:jNU5P8]: QG1K3C:
3C: _<?3: 8/<?@!5638: 3%O5GTl176:+8V1O1=C_M'; <?: @ O%OC5R;T5 56=:d1@:1K3hWV:.=CO+=COC31O: S6fX<?@c1{S6<?76: @
; Q1==J9aT<?=+ _: =CO<?56@9<?=z1K@V1Q?56S\56_=+OC5XOCT]:G;.Q1K=C=<>;1Q _: =OC<?56@95L 6V>X~6V?J\

<?@m=C_]AV: 37 <>=: 8oQ>:13C@]<>@]SB}W_OUTV138: 3àT]:r188]: 8n8<'; _Q?OfmQ?<?: =/<?@nOCT:m
5Ld8V1KOJ1]`m@nOCT]:^=_Al: 3C7 <?=C: 8Q>:13C@]<>@]Sr=: OCO<>@]SVqR B3J1@]856N:.eM1KN'AQ?:9##DVI
A3C57 <?8: =L:.: 8WV1K;J4X1Wl56_O RT f AV5\OCT: =<?=bL_@;.OC<?56@cDlI+D@V1KN': Q?f qT5Zj; Q?56=:d#DVI
<?=OC5^DlICI.`L[#DVI<?=d3C:.=COC3<?; OC: 8BOC5UQ?<>:R<?@9=C5\N':9CT f AV5\OCT:.=C<?=d; Q1K=C=CrqlOCT<?=d3: _=:
AV:.3CN'<?O=#Wl56_@8]=-5\@cOT:+@P_]N/WV: 35LV31@8]56Ny: e1NUAQ?: =#3: _<?3C: 8/OTV1O%1K3C:L13=CN^1KQ?Q>:.3
OCTV1K@jOCT:U@ _N/WV:.3!5L+L_@;.OC<?56@=X<?@Br`rx]563!<?@=OJ1K@; :6qb<L; 56@ O1<?@=X56@Q?fr1Upl@<?OC:
@ _N/WV:.3dB5LbL_@;.OC<?56@=q/DQ?56SDICI{Wl56_@8]=cD<?S\@563<>@]S/AV131N':.OC: 3=d5L%OT:cA]3C56W]Q>:.N
56OT: 3%OTV1@/XL5\3b@5ZdI%13:[5\WOJ1K<?@: 8/56@XOCT]:=J1NUAQ?:%=C<? :3: _<?3C: 8UOC5R;T5 56=:d1d@]:13h
WV:.=COc1KAA3C5e <?N^1KOC<?56@UOC52DlIdQ?f <?@S'<?@)r`X@rOT:c;1=C:/OTV1O<?=R<>@MpV@<?OC:6q=J1NUAQ?:
=C<? : =/13:/56WO1<?@: 8jOTV1O8: Al: @8m5\@Q?f256@j=56NU:cNU:1=_3C:/5KLdOCT:2~6V?J\25KL[
D=_;Tm1=!d8<?N': @=<?56@VI.`c{56O:'OCTl1OROCT:.=C:'Wl56_]@8=XTV176:9B6M6~25\@rOT:
; 56NUAQ?: e <?Ofc5KL-OCT]:GO13S6: OL_@; O<?56@^)563OT:R=C<? :!5KL-OT:!<?@A_O+85\N^1<?@#`
@'OCT]:cF%sR02ERFk=C: OOC<?@SVq]T5Z+: 76: 3q Z[:RN/_=O[8]: ; <?8:c]6wO5c_]=C:!OT:RS6: @:.3J1O<?76:
N'5 8: Q+} OTV1OU<>=qZT<?;T=OJ1KOC: =21@]81; O<?56@=UOC5kL: : 8OC5mOT:BS6: @:.3J1O<?76:BN'5 8: Q
}<?@j5638: 3XOC523: ; 576:.3/OCT<?=!=1N':X8: =<?3J1W]Q>:U3C: _]=C:95L: e AV:.3C<?: @; :B1; 356=C=XN/_Q?OC<?AQ?:
=CO3J1O: S6<?: ={<?@'56_]3; Q1=C=`%ab5X=C: :XOCT:R<?=C=_:!NU563C:{; Q?:13Q?fPq ; 5\@=C<?8:.3dOCT]:^=CO3J1ZoN^1@]
1Q?S65\3C<?OCT]NOTV1Oq=CO13CO<?@S9Z<>OTr=56NU:!<?@<?OC<1Qb=CO3J1KOC: S\frnmXq_=: =!OCT]:/S6: @:.3J1O<?76:
N'5 8: QbO52S6: @]: 3J1KOC:'N91@ f20956@ O:'13CQ?59OC3<1Q?=R5LGL3C5\NvOT:/=CO13COX=CO1O:^6qb1@8
OCT _={L5\3CNv1@B1; ; _]3J1O:/: N'A]<>3<?;1Q: =CO<>N91O:!5LdRDI.`!O{<>=R@5\Od; Q?:1K3ROCTV1KOGOT: =:
OC31 : ; O563<>:.=G_]@8: 3Rr1K3C:!5KLHN/_];JT9_=:!<?@9: 761Q?_V1KOC<?@S/1X8<: 3: @ O!l#2Xq1K=dj1@8
lbN^1f9 _<?;J4 Q?f98<?=J1KS63C:.:c5\@rZT<?;Tj1; O<>5\@=ROC59OJ1K46:6`XaT _=q#OT:c@l1<?76:XN': OT5 825L
S6: @]: 3J1KOC<?@S20956@ O:'13CQ?59OC3<1Q?=RZ[5\_Q?8r3: =C_Q?OX<?@/DI{WV5\_@8=X56@BOCT:/@ _N/Wl: 3R5L
;1Q?Q?=%O5!OCT:RS\: @: 31OC<?7\:dN'5 8:.QqK3J1OT: 3+OCTV1K@^/DQ?56SVDICI.qL5\3[OT:pl@<?OC:d;1=C:' Yob`
@w; 56@ O3J1=OqR<?@wOT:r:.@=C_<?@Sn=: ; OC<?5\@=qRZ+:r=TV1Q?QRA3: =C: @ O2OZ+5m8]<: 3: @ O2Zz1f =
5LdS\: @: 31OC<?@Sy3C: _]=J1W]Q>:.jOC3J1.: ; O563C<?: =`n[5\OCTkN': OT5 8=cf <?: Q?8m=<?N'<?Q13ROCT:.563C:.OC<?;1Q
WV5\_@8=`naT:UpV3C=O/N': OT5 8#q%ZT]<>;TnZ+:^;1Q?Q!C ~\ 2C q%TV1K='1@m:1=C<?: 391@8
N'5\3C:+<>@ O_<?OC<?76:d1K@V1Q?f =C<?=q 1@]8'1Q?=C5!8]<>3: ; OQ>f/=_S6S\: =CO==C5\N':A31; O<>;1Q#1Q?S\563C<?OTN'=L563
1AA]3C5e <?N^1O:[A]Q1K@@<?@SR_=<>@]SY1S6: @]: 3J1KOC<?76:RN'5 8:.QàT:d=: ; 56@]82N': OT5 8#qZT<?;T'Z+:
;1Q?Q%6\6C ~\ q63: _<?3C: =R1XN'563:d8<'; _]Q>O1@l1Q?f =C<?=q W_]O_=C: =R1X; 56@]=C<?8: 3h
1WQ?f/Z+:14\: 3+L5\3CNg5KL-S6:.@: 3J1KOC<?76:N'5 8: Q`
[5\OCT/N':.OCT5 8=bS6:.@: 3J1KOC:R1/D3: Q1OC<?7\: Q?fMI=N^1Q?Q\@P_]N/WV: 3b5KLO3J1 :.; OC5\3C<?: =+}1{@ _N/h
WV:.3cOTV1OX<?=!<?@8: Al: @8:.@PO/5KLdOCT:9=OJ1O:h=CAV1K; :9=C<? :95LdOT:^F%sR02ERFbq8: Al: @8=/5\@Q?f
Q?<>@]:13Q>fB56@n12S\: @: 31Q{N':1K=C_3:'5LROCT:j~6V?J\B5LGOT:9=CO3J1O: S6fn; Q1K=C=/cq+1@8
8: Al: @8=U: e AV5\@: @ OC<1KQ>Q?fj5\@OT:2T5\3C<? <?56@kOC<?N':\`mj:9A3576:9OCTV1KO/OCT:.=C:2S\: @: 31OC:.8
OC31 : ; O563<>:.=1K3C:!:.@56_S\T2OC5US6<?76:R_=R1; ;._3J1KOC:X: =CO<>N91O: =d5KLHOT:!: e Al: ; O: 8j3C: O_3C@B5L
1@ fB=COC31O: S6fj<?@jc`)[5\OCTkN': OT5 8=!;1K@mWl:'7 <?: Z[:.8m1=XS6: @:.3J1O<?@S1C=CN91Q?Q?'=: O
5LOC31 : ; O563<>:.=/OCTV1KO!A3C57 <?8:'1K@m1; ; _]3J1O:9: =CO<>N91O:c5KLdOCT:U761Q?_:X5LG1@ fB=CO3J1O: S6f
<?@2OCT:X; Q1==àT: f2;1K@rOT _=RWV:X:1=<?Q>f9_=: 8jZ<?OCT2N91@ f'=OJ1K@8V1381KAA35P1;T:.=!OC5
=C:1K3C;Tm<?@B=CO3J1O: S6fj=AV1;.:6q%=_;Tm1=XS63J1K8<?: @ OR8: =C;.: @ O'1@8jQ?5 ;1Q=C:1K3C;T#`rx]563=C_;T
1Q?S65\3C<?OCT]N'=qOT:d: e Al56@:.@PO<1Ql8: Al: @8: @]; :c5\@/OCT:{T563<? 56@UOC<?N':+;1@UWV:{3C: A]Q1K; : 89W f
1L1;.OC563{Q?<>@]:13<?@2OT:!@ _N/Wl: 35L%=CO: A=R5L+=C:1K3C;TrO5/WV:XAl: 3L5\3CNU: 8#`+tdQ?OCT]56_S\T^Z+:
: N'A]TV1=<>.:!OCT:/_]=C:'5KL[: @ OC<?3:2D?pV@<?O:hT]563C<? 5\@VIRO3J1 :.; OC5\3C<?: =RL5\3R56WO1<?@<?@S^1K; ; _31O:
761Q?_:L_@; O<?56@9: =CO<?N^1O: =q Z+:R@56O:ROCTV1KO56_3NU: OCT5 8=;1@21Q?=C5/Wl:R; 56N/W]<>@]: 8'Z<?OCT
=CO1@8V1K3C89adEXDlI+_Al8V1O: =G1K@8'761K3C<1@ OC=`
sd_]3dN':1=C_]3C:R5Lb=COC31O: S6f9; Q1==d; 5\N'AQ?: e <?OfX<>=<?@=A<?3C: 8)WPf91@89S\: @: 31Q?<? : =dOT:
@56O<?56@!5KLdk8<?N':.@=C<?56@<>@X=C_]AV: 37 <>=: 8'Q?:1K3C@<?@Slq61@]8/Z[:S\<>7\:[Wl56_]@8=%OTV1Ob3C:.; 576: 3
L56356_3!=: OCO<?@SrOT:'NU56=O!AV5Z+: 3L_Q1@V1KQ>5\S65\_=R3C: =_Q?OC=/<?@j=C_Al: 37P<?=: 8nQ>:13C@]<>@]S9}
WV5\_@8=L563R13W<?OC3J1K3Cf q<?@ pV@]<>O:!=CO3J1KOC: S\f2; Q1==C: =ROCTl1Od8]: AV:.@8r5\@2OCT]:c8<?NU: @=C<?5\@'5L
OCT:R; Q1K=C=3J1KOCT:.3dOCTl1@9OCT:R=<>.:!5LbOCT:!=OJ1KOC:!=AV1; :\`
tdQ?OCT5\_S6Tj5\_3!8:.76: Q?56A]N': @ OR; 56@]; : @ OC31OC:.='56@j3: =CO3C<?; O: 8w; Q1==C: =X5Ld=OC31OC:.S6<?: =q
OCT<?=R;1K@jWV:UOC3J1K@=CQ1KOC: 8jO52N^1K@Pf95\OCT: 3OfPAl: =X5L3C: =OC3<>;.OC<?56@#`9x]563!: e1KN'AQ?:6ql<LzZ+:
3C: =OC3<>;.O/56_3X761Q?_:XL_]@; OC<?5\@j: =CO<>N91O: =cO5rWl:'5KLG12;.: 3CO1<?@mAV1K3J1KN': O3C<?;XL563NrqOCT<?=
<?N'AQ?<?: =1/3C:.=COC3<?; OC<?56@B56@)AV5\Q><?; <?: =q@V1KN': Q?fUOC5'OT56=:cAl56Q?<?; <?: ={OCTV1KOd;1K@2WV:/1;T<?: 7\: 8
W f/WV: Tl17P<?@S/S\3C: :.8<?Q>f/Z<?OT^3: =CAl: ; ORO5/OCT:RAV1K3J1NU: OC3<?;G761KQ?_:L_]@; OC<?5\@=`% <?NU<>Q1K3CQ?f6q
<LMZ+:+: =CO<>N91O:%N'5 8: Q?=5KL1RF%sR02ERF2OTV1OQ><?:%<?@X=C5\N':b3C: =OC3<>;.OC: 8U; Q1=C=DL563<>@]=COJ1K@; :6q
F%sR02ERFb=XZ<>OT2L1; O563C:.8m@: e Oh=OJ1O:98<?=COC3<?W_OC<?5\@=JI.q#OT<?=!<?N'AQ?<?: =!193C:.=COC3<?; OC<?56@kOC5
=CO3J1O: S6<?: =/OTV1O'1K3C:U56AO<>N91Q%Z<?OTm3C:.=CAl: ; O9OC5B=C_;TwF%sR02ERFb=`n@mOCT]<>=/Z1f qb56_3
3C: =_Q?OC=L563{3C: =OC3C<?; O: 8B=COC31O: S6f2;.Q1K=C=: =R;1@2Wl:c1KAAQ?<?: 89OC5^1K@ f'56OT: 3{TPf Al56OT: =C<? :.8
; 56@]=COC31<?@ O56@91/F%sR02ERFmA]Q1K@@<?@SXA3C5\WQ?: Nr`
sd_]3N^1<?@/; 5\@ OC3C<?W_]OC<?56@=d1K3C:6
R<?7 <?@S'=AV: ;.<pl;'N':.OCT5 8=L563RS6:.@: 3J1KOC<?@Sw3C: =_V1W]Q>:.Ô3J1 i: ; OC5\3C<?: =L3C5\NvS\: @ h
: 31OC<?7\:GNU5 8: Q?=
Fb357P<?@S9OTV1O!OT: =:'N':.OCT5 8=!1Q?Q?5ZyOCT]:/S6: @:.3J1O<?56@j5L19=C: O5LOC3J1.: ; O563C<?: =
=C_M'; <?: @ OdOC5X: 761KQ>_l1OC:!1K@^:.@PO<?3C:R; Q1==d5Lb=CO3J1O: S6<?: =
R<?7 <?@ScA]3J1;.OC<?;1Qb1Q?S65\3C<?OCT]N'=bL5\3d1AA]3C5e <?N^1O:dAQ1K@@<?@SX<>@2F%sR02ERFb={WV1=: 8
56@93: =C_V1KWQ?:!OC31 : ;.OC563<?: =
m =OJ1W]Q><?=T<?@S!; 5\@@: ; O<?56@=+WV:.OZ[: :.@'@V1KOC_31QlA3C5\WQ?: N'=b<?@/=C_Al: 37P<?=: 8'Q?:1K3C@<?@S
1@]8^3: <?@ L5\3C; : NU: @ OQ?:13@<?@SVq 7 <1!S\: @: 31Q?<?1O<?56@=+5L%OCT]:Gd8<?N':.@=C<?56@`
y"%d.,,'R"%,d
j:%Wl: S6<?@!Z<?OCTXOCT]:[8:ipV@<?OC<?56@5L1DAV1K3COC<1KQ>Q?fR56W]=C: 3761WQ?:Ib021K3C4657{8: ; <?=<>5\@cA]3C5 ; : ==q

: e AQ?<?; <?OCQ?fY1KQ?Q>5Z<?@SOCT:RAl56=C=<?W<?Q><?Of/5KLH1@9<?@ pV@]<>O:R@P_]N/WV: 3+5Lb=CO1OC:.=`
U6%blkolr.l2b#!y^Yd6{G.]/ ! -%>
c.9 [\XVV%
[~6
Y b l% 6{J\~J \ C6~6{6{D\ !I -!\" 6

6 " # 6
$/D 6% I2?6 ~ &% ? # #?>B 2C\ 6nm6~
\R.z.6BJ\~ 6) !\~6' (.C6 6R )
*
+!\/?\-,/.01$D. \ I%U dy &%[6'2 34$/D.C \%PI65 'B?
~ X! %& G7)
8 !9 ]6- # \%6~ 6C\~\6D\ I%#{C:CK> %9!6 <; D\ I
\/J\~ 6B6~;46=@<A6'B C\ \X)/'> 9 J X'C%\C 6C'# 6 6j
# ?PXK> ?#
)
w{DCECEFHG(% DCcolrU VBR#!IGYy9Xd~6

6j \?6' JLK4Mg\/N H. l.E #lHP O/ED Q RI .6XJ\~J \! )
S!CTQ9 '6\6|6 #.>!~>'?N % lwX66X6 \R )
@rOT:'1Wl576:X8:pV@]<>O<?56@=RZ+:cTV17\:Y191K=C=C_]N': 8j1U8: =C<?S\@V1O: 8r=OJ1K3CO!=OJ1O:6`/aT<?=
<?=[Wl: ;1K_=C:!5\@; :!Z+:RQ?<>NU<?O-OT:R; Q1==5L-=OC31OC:.S6<?: =dZ+:RZ<?Q>Ql: @ OC:.3COJ1K<?@#qOT: 3C:N^1fX@56O
WV:21)=C<?@S\Q>:kCWl: =COj=CO3J1O: S6fk<?@mOCT]:^;.Q1K=C=q[_]@Q?: =C=/Z+:9: e AQ?<>;.<>OQ?fr<?@8_]; :212NU: OC3<>;
5L%=C5\N':{4P<?@8} 56@]:!=CO3J1O: S6f9NU<>S\T O[Wl:!Wl: OCO: 3RL356N; : 3CO1<?@2=OJ1O: =q1@821@]56OCT]: 3
=CO3J1O: S6fXWl: OCO: 3%L3C56Nu56OT: 3%=OJ1O: =q 1@]8/=C5ROCT:.3C:dN91fR@56ObWl:d1d=<?@S6Q?:+=COC31O: S6f/OTV1O
<?=G5\AOC<?N91QL3C56N 1Q?Q%=OJ1O: =Ùj:/OCT _=X185\AOROCT:/; 5\N'NU56@21==C_NUAOC<?56@B5Ld1pVe : 8
=CO13CO{=CO1OC:X <?@ÔT:!_@]8: 3CQ?f <?@S^0)EGFb`Dtd@2:.P_]<>761KQ?: @ O8:pV@<?O<>5\@2<?=OC591=C=_N':!1
pVe : 828<?=OC3C<?W_]OC<?56V
@ U57\: 3d=OJ1K3COR=CO1OC:.=q=<>@]; :Y ;1@2Wl:/1jC8]_N'NXf !=CO1OC:XZT5\=C:
@: e Oh=CO1O:!8<?=CO3C<?W_O<>5\@'_@]8: 3G1K@ f'1; O<>5\@9<>R= U9` I
td@1KS6: @ O/Z1@8]: 3C<?@SB<?@1BF%sR02ERF O14\: ='1; O<?56@='1K@8m3: ; : <?76:.='3C:.Zz1K3C8=qd1=
<?@1K@r02ERFbq W_OROT:c1S\: @ Od@:.76: 3R8<?3C:.; OCQ?f9=C: :.=GOT:X<>8]: @ OC<?Of'5KLHOT:X; _3C3: @ OR=COJ1KOC:6`
Wd1KOCT: 3q6OT:G1KS6: @ O%Tl1=1; ; :.=C=56@]Q>fXOC5OCT:{; _3C3: @ O56W=: 3C761KOC<?56@`#aT<?=%=OC: A9O5Zz1K3C8=
3C:1KQ?<>=NS\3C:1KOCQ?f9; 56NUAQ?<?;1O: =OCT:XA356WQ?: NU=5L%WV5\OCT2A]Q1K@@<?@S'1K@82Q?:13@<?@SV`@PO_ h
<?OC<?76: Q?f qOCT:R1S6:.@PO+N^1fR@:.76: 34 @5ZnOCT]:dOC3_:d=OJ1KOC:6q W_]O[N/_=O%1OCO: N'A]O%OC5!O3J1K;J4/OT:
; _33C: @ HO #J.> 6X} OTV1O<>=qOCT]:'Q?<?46: Q?<?T5 5 82OCTV1KO!<?OR<>=<>@B:1K;JTk5LOCT:/Al56==C<?WQ?:
=CO1OC:.=c5KLzOT:/_@8:.3CQ?f <>@]Sr02ERFb`@jS6:.@: 3J1KQq#OT<?=!WV:.Q><?:Ld=OJ1KOC:/N^1f9Wl:^1K3CW<?OC313<>Q?f
; 56NUAQ?: eql8: Al: @8<?@S9=CO3C5\@S6Q?f25\@rWl56OTrOT:/<?@<?OC<1Q=COJ1KOC:/5KLzOT:/_@8:.3CQ?f <>@]S0)EGF
D5\3G1@)<>@]<>O<1Q#8]<>=OC3<>W]_OC<?56@)5L%=CO1OC:.=JI qb1=RZ+: Q?Q-1K=G5\@2OCT]:c: @ O<>3:cT]<>=OC5\3Cf25KLz1; O<?56@=
1@8)56W=: 3C761KOC<?56@=`!aT<?=R<?=!1'=TV13Ar;.56@ OC31=COOC5'OT:XL_Q?Q?f'5\W=C:.3C761W]Q>:/;1=C:\qZT: 3:
OCT:X56A]OC<?N^1KQ#Al56Q?<?; f28: Al: @8]=!56@Q?f25\@rOT:/; _33C: @ O!=OJ1KOC:6X` W: ; : @ O!Z+56342TV1K=!N^1K8:
=C5\N':b<?@PO: 3C:.=COC<?@S{A3C5\AV5\=J1KQ>=L563AQ1@@]<>@]S<>@XF%sR02ERFb=b7P<11KAA3C5e <?N^1KOC:WV: Q?<?:LV=OJ1KOC:
OC31;4 <>@]S^ +\q02]6C`
j:dZ<?Q?QVA3<?N^13<?Q>fWV:R<?@ OC: 3: =CO: 82<?@^F%sR02ERFb=Z<?OT^1Q1K3CS\:G5\3[<?@ pl@<?OC:d@ _N/Wl: 3
5L[=OJ1KOC: =q#OTP_]=GA]3C: ; Q?_8]<>@]S1KAA35P1;T:.=!OCTV1KOR3C: _<?3C:/1;.; : =C=XOC59: e AQ?<?; <?OdO1WQ?: =R8:ih
=C; 3<?W<?@ScOT:!@:.ePOh=OJ1KOC:c1K@8956W=: 3C761KOC<?56@U8<?=COC3<?W_OC<?5\@=d1@89OT:R3C: Z138=`@=CO:18#q
Z[:'1K=C=_N':/OTV1OX56_3X1Q?S65\3C<?OCTNU=!13C:jS6<?76:.@r12F%sR02ERFu<?@jOT:/L5\3CN 5LdOT:
1W<?Q?<?OfROC5 6V?dOT:dWl: TV17 <?5635L#`baTP_]=q\OCT:{N'5 8: Q S6<?7\: @/<?=%=C<?N/_Q1O<?76:%31OCT]: 3
OCTV1K@m: e AQ?<?; <?O`Bj:/;1KQ?Q[OT<?=Y1KW<?Q><?OfBOC5B=J1KN'AQ?:XOCT:9Wl: TV17 <?563X5LG 1B6C\
c6.C`
Y 6k>+ RZ> C FXi>wk>L>bkqk>k! / >kk
[ wqCX >2>k>w.T
Z1Z>Z> >>k7 >6Z> >\><>k ^ ]>. w >k>.F k>k.5XXkkkI<> kk >k>q >a>` _ k
b
U6%bldcyfeV b lhgj#CD 6PMPi<JHKTMm 6\6Xkj! 6\ ?

>]6l M\/ # 6 C\~66+D\ !I #6 6[.#?\ 6 "#
6~~666)B?96l \96 " # 6=
$/6D m \ !I d6n# 6\VQj?\d \
." # /6~~6C\6UU>]c\ ." # 6? O/6D m %I %\9>]c%\C ; D\ I)
aTP_]=q1S\: @: 31OC<?7\:%N'5 8: QL563#1dFsG0)EGF=C<?N'AQ?f; 5\@=C<?=OC=#5KLV1S6:.@: 3J1KOC<?76:N'5 8: Q
L563OCT:_]@8: 3Q>f <?@SR02ERFbq 1KQ?56@S{Z<>OTY13J1K@856Nu56W=: 3C761KOC<?56@/1O:1;T/=OJ1O:6`btOpV3C=O
WQ?_=CTq[OT<?='8:ipV@<?OC<?56@nN91fr=: : N _]@3C:1K=C5\@V1WQ?fkS6: @:.3C56_]='} Z[:B13C:): =C=: @ OC<1Q?Q?f
1==C_NU<>@]S!OCTV1KO[Z+:!13:GA]3C57 <?8: 89Z<?OCT^1L_Q?Q>fX56W]=C: 3761WQ?:R=C<?N/_Q1O<?56@X5LH1AV1K3COC<1KQ>Q?f
56W=: 3C761KWQ?:%A35P;.: =C=`%d5Z+: 7\: 3qOT:+46: f!Al56<?@ O#<?=OCTV1KOH1KQ?S6563<?OCTNU=VA357 <>8]: 8!Z<?OCTXOCT<?=
S6: @]: 3J1KOC<?76:/NU5P8]: QbN/_=CO{=COC<?Q?QbpV@]819=OC31OC:.S6fBOCTV1KOGAl: 3L563N'=!Z+: Q?Qb<>@BOCT]:/6 >
# #.>=C: OOC<?@SV`/x]563{<>@]=COJ1K@; :6qb1Q?OT56_S\T2Z+:/; 56_Q?82=<?N'AQ?f'_]=C:/OCT]:/S6: @:.3J1O<?76:
N'5 8: QO5{pV@8c1{@:1K3h56AO<?N^1QAl56Q?<?; f/D=OJ1KOC:hOC5Kh1K; OC<?56@N^1A]A<?@SPI]L5\3#OT:[_]@8: 3Q>f <?@S
02ERF !09R6CqOT<?=RAV5\Q><?; f)Z<>Q?QbWl:/_=C: Q?: ==c<?@BOCT:9F%sR02ERFbqZT: 3:/OCT:/=OJ1KOC:'<?=
_@4 @5Z@#`+j:!;1@23:1Q?Q?f'5\@Q?f'_=:cOT:cS\: @: 31O<>7\:!N'5 8:.QOC5/pl@8r1/=OC31OC:.S6f2OTV1O
N^1KA=!L3C56N DT<?=CO563C<?: =95KLiI/5\W=C:.3C761W]Q>:.='OC5n1; O<?56@=` t{=1; 56@]; 3C: O:j: e1NUAQ?:6q+<>@
8: =<>S\@<?@Sc1K@/: Q?: 761O563+; 56@ OC356Ql=Cf =CO: Nv + nCq\Z[:N91f!TV17\:G1;.; : =C=O5c1=C<?N/_Q1O563
OCTV1KObS6: @:.3J1O: =%31@85\N 3<>8]: 3%13C3<?761Q OC<?N':.=q1@8X46:.: A=%O3J1;4X5LVOT:Z1<?OC<?@SO<>NU:%5L
:1;TU3C<?8: 3q OCT:{@P_]N/WV: 35L#3C<?8:.3C=Z1<?OC<?@S!1O+: 7\: 3Cpf oV5 563[1KO[: 7\: 3CfUOC<?N':+5L#8l1fPq 1@8
=C5956@`c{5Z[:.76: 3!T]: Q?A L_Q%OT<?=!<?@ L5\3CN^1KOC<?56@UN'<?S6T OWl:/<?@\ \6BOT:/; 5\@PO3C5\Q>Q?: 3q
OCT<?=%;.56@ OC356Q?Q?: 3%N/_=O-5\@Q?f' R<>@ML563N^1O<?56@!1Wl56_OZT<?;JIT ol5P5\3C=+; _33C: @ OCQ?f/TV17\:TV18
OCT:.<>3{;1Q?QW_]OCOC5\@2A_=T: 8nDOT:!56W]=C: 3761WQ?: =I `@r1K@ f';1K=C:6ql3C:18: 3=R_@; 5\N/L5\3COJ1KWQ?:
Z<?OCT'OT:!Al5Z[:.3A3C57 <?8: 89W f/56_3dFsG0)EGFS6: @:.3J1O<?76:RN'5 8: Q?=13:G3:L: 33C: 8BOC5/OT:
3C: =_Q?OC=U5Lc : ; O<?56q
@ b]q[ZT]: 3C:2OT: fw13:23C:.AQ1; : 8WPfn1@n: e OC3: N':.Q>fkZ[:14kL563N5L
=C<?N/_Q1O<?56@/} @V1NU: Q?fPq1U=C_W]3C56_]OC<?@:XL5\3GS\: @: 31O<>@]S256@Q?f2OT:2 # . # ?'T<?=OC563f
1Q?56@]SdOC3_Q?fc31@8]56N O3J1 i: ; OC5\3C<?: =q Z<>OTc@]5c1W<?Q?<?OfROC59C3: =C: OcOT:d=<?N/_Q1OC<?5\@dOC5X1@ f
;T56=: @9=COJ1KOC:6`
j:!@5ZoN'576:R5\@2OC5U8:pV@:X=CO3J1KOC: S\<>:.=1K@82=OC3J1KOC: S\f2; Q1==C: =R<?@r1UF%sR02ERFb`V@
S6: @]: 3J1KQqb1@j1S\: @ O!Z<?Q?Qq1O!1@ fBOC<?N'P: rqTV17\:/=C: : @k=C5\N':X=C: _: @]; :95L56W=: 3C761KWQ?: =
Q

Q
sq#1@]8rZ<?Q?QbTV176:!;T5\=C: @m1K; OC<?5\@=!1@8B3C: ;.: <?76: 8k3C: Z138=RL5\3d:1K;JTj5KL[OCT]I
: r
OC<?N':b=OC: A=A3C<?563OC5ROCT]:[; _]3C3C:.@PO+56@]:6`#aT _=qZ+:[N91fdZ3C<?O:[<?OC=t %. P -Ch ub V1 F
1=1XQ?<>=O[5KL%OC3C<?AQ?: =5KL-5\W=C: 3761O<>5\@=ql1; O<?56@=d1K@8'3: Zz1K3C8=
/JED Q6% % v I.

JD Q sxw % syw % v syw JI D Q s IC
ZT: 3:ÔT:'Q1K=COX: @ OC3Cfj<?@8]<>;1OC:.=cOTV1OX56W=: 3C761KWQ?:'T<?=OC563<?: ='1Q?Z1fP=R; 5\@; Q?_8:9Z<?OCT
OCT:56W=: 3C761KOC<?56@BN^1K8:!1OdOT:9D_@4 @5Z@lI+pV@V1KQb=COJ1KOC:X3C:1K;T: 8#`j:!Z<?Q>Qb1Q?=C5U3C:L: 3
OC5j5\W=C: 3761WQ?:BT<?=CO563C<?: =91=U zMKlM\`w _;TwO3J1 i: ; OC5\3C<?: =r1K3C:2OT:B<>@]A_OC=UOC5
=CO3J1O: S6<?: =
U6%bld
{y.] eNF y=
M|i}JHK4M 6
~ ~ x~ rci66? 6
&%R # #.>+ 6 JED Q6% v I.
D Q syw % sxw v syw JI D Q s IC{c\~6 )
.] eNF1 CV!| 6 66 )X/iM~9C B C\\
\ 6R 6 6G' 6\H #X DI )
n
sLd; 56_3=C:6qbOT<?=!8:pl@<?OC<?56@j<?@; Q?_8]: =cOT:/=CAl: ; <1KQ;1=:'<?@rZT]<>;TjOT:^02ERFo<?=RL_]Q>Q?f
56W=: 3C761KWQ?:cDOCT:!5\W=C:.3C761O<?56@=13:GOT:R=CO1OC:.=JI q1K@8'o<?==C<?N'AQ?fc1; Q1==5LbAV5\Q><?; <?: =`
td=!Z+:XTV176:'1KQ>3:18]f23C: N91346: 8#qZ[:/;1K@jOCT<?@4)5L1=R3C:.A3C: =: @ OC<?@Sm1B~6 C\
56T3 # 56@U=COC31O: S6<?: =d1K856AO: 8'Z<?OT/OCT:RT5\AV:{5L-1765\<?8<?@SROCT:{<>@ O3J1;.OJ1W]<>Q?<?OfX5LL_Q?Q
WV:.Q><?:Lh=OJ1O:RAQ1@@<?@Slq6ZT]<>Q?:{=COC<?Q?QAl: 3CNU<>OOC<?@SXS65 5 8#q <L-=_WV5\AOC<?N91QqAl: 3L5\3CN91@; :\`
sd_]3d3C:.=C_Q?OC=X13C:3J1OT: 3RS6:.@: 3J1KQbZ<>OT23C:.=CAl: ; O!O5'OCT]:c@5\OC<?56@95KL[ bjOCTl1Od<?=
_=C:.8#`%s{_3[N91<?@/1=C=_N'A]OC<?56@X<?=[OTV1OL563+1@ fcT]<>=OC5\3Cf'q OCT:{3C: O_3C@21Q?5\@S!';1@'Wl:
1AA]3C5e <?N^1O: 8'W f212DAV5\=C=<>W]Q>f98<?=; 56_@ O: 8VIR=_N|5L[OT:pV3C=|O ?3C: Z138=qZ<>OTr1@
: 3C3563R5L[1KOdN'5\=CTO `{j:!3C:L: 3!OCH5 ?1=ROCT](: hT5\3C<? 5\@#`daT]<>=R1==C_NUAOC<?56@9<?@; Q?_8]: =
OZ[5UZ[:.Q>Qh=CO_8<?: 82@5\OC<?56@]=d5L+3C: O_3C@#`XaT:%b ubVl 6lm V D el93C: O_3C@q#Z<?OCT
T563<? 56?@ jq<?=bTV1@]8Q?: 8/W f!=C<?N'A]Q>fR=: OCO<>@]|S /
j`d: 3:6q W f!8:pV@]<>O<?56@#qOT:3C:.OC_3@
8: Al: @8=R5\@Q?f/56@9OCT:pV3C=O =OC: A={OJ1K46: @9L3C56NOCT]:!=CO13CO{=CO1OC:\q=C5UOCT:AV131N':.OC: 3
X<?=c_@]@: ; : ==J1K3Cf `naT:9=COJ1K@8V1K3C8n%b uV" \V Kt b m3: OC_]3C@w<?=/1Q?=C5
:1=<?Q>f9TV1Kw @ 8Q?: 8#?` : hO jWl:cOT:/8<?=C; 5\_@ ORL1K; OC5\3`XaT:X3C: O_3C@n1Q?56@S91UT<?=COC5\;3CfrBy <?=
, v ZT: 3T
: v <?=bOCTR: OCT/3C:.Zz1K3C8X<>@/`#LZ[:+=C:.O ?bwQ?56
S #ED DN (V6I
I.q
Z[:!" 1K3C:RS6_V1K3J 1K@PO: : 82OTV 1OOT:R8<?=C; 5\_@ OC: 8)3C: O_3C@2Wl: f\56@89OCT]:RpV3C=O y? =CO: A=d;1@@5\O
; 56@ O3C<?W_O:cNU563C:OCTV1KV
@ `!j:c1KQ>=5^1K=C=C_]N':!OT: 3C:/<?=!1/Wl56_]@8m 5\@2OCT:X3C:.OC_3@
5L%1@ f'O3J1 :.; OC5\3Cf L5\3: e1NUAQ?:6q y ;y D7 VVI=C_ '; :.=G<?@UOCT:!8]<>=; 56_]@PO: 8
;1=:6`%O<?=Z+563OCT9@56O<?@S/OCTV1KOOCT:<>@MpV@<?OC:R_@8]<>=; 56_]@PO: 823: OC_3@285 : ={@56O+L1KQ?QV<?@ OC5
OCT<?=+;1O: S65\3Cf qV1K@8956_3+OC: ;T@]<> _:.=G;1@@5\OWV:R8<?3: ; OCQ?f91AAQ?<?: 89OC5X<?O`
td=R8<?=C; _]=C=C:.8jWV:L563C:\q#5\@; :XZ[:XQ?<>NU<?O[OT:c;.Q1K=C=R5L+=COC31O: S6<?: =!Z+:XZ<>Q?Q: @ OC: 3OJ1<?@#q
OCT:.3C:dN91f!@5\O%WV:!1R=<?@S6Q?:=CO3J1KOC: S\f/<>@/OT:d;.Q1K=C=+OCTV1KO[<?=%OT:RWV:.=COL3C5\N :.76: 3f/=COJ1KOC:6q
1@8jOT: 3:L563:9Z[:U; 56NUAV13:'OCT]:'=CO3J1KOC: S\<>:.=/Z<>OTj3C: =AV:.; O9OC52OT:98: =C<?S\@V1O: 8m=OJ13O
=CO1OC:!6`baT]<>=Al: 3N'<?OC=+OCT:L56Q?Q?5Z<?@SR8:pV@<?O<>5\@#`
U6%bl
#%
#/ M|i}JHK4M%? \ 6!1 6>#
#/9~ ?
6\ )h
DGIbu=C_]A DI
DI
1
#C D I! >]c~9C 9 {H C\ )
w<?OCT!OT: =C:{8:pV@]<>O<?56@=qZ[:+;1K@/@5Zm=OJ1O:56_3bA356WQ?: NuN'5\3C:%A3: ; <?=C:.Q>f `j:z1K3C:
S6<?76:.@1XS\: @: 31O<>7\:!N'5 8:.QlL563d1/F%sR02ERFw 1K@821X=CO3J1O: S6f); Q1=C={c`+d5ZX6
;1Q?Q?=ROC52OT:'S\: @: 31O<>7\:'NU5P8]: QbN/_=CORZ+:'N^1K46:!<?@j5\3C8: 3XOC5)TV176:/: @]56_S\Tj8V1O19OC5
;T5 56=C:/19jk ZT]56=C:XAl: 3L5\3CN91@; :U DIR1AA]3C5P1K;T: =/ DoGICot{@8BN'563:
<?N'Al563CO1@ OCQ?f qb#~j;1Q?Q?=!=CT5\_Q?8jZ[:UN^1K46:XOC52OT:9S6: @:.3J1O<?76:'NU5 8: Q%<?@j5638: 3XOC5
N'<?@<?N/<.:OCT:!@ _N/Wl: 3+5Lb;1Q?Q?=3C: _<?3: 8V
j"%4-{*+-$""%d
$U&
j:%@5Zj8:.=C; 3<>Wl:OCT]:%pV3=COb5Ll56_3OZ[5{N': OT5 8=L5\3#; 3:1O<?@S9C3C:._=J1KWQ?: ROC3J1.: ; O563C<?: =
L3C5\N1/S\: @: 31O<>7\:!N'5 8:.Q`tdQ?OCT]56_S\TÔT<?=N': OT5 893C: _<?3C:.=1X=OC356@S\: 3RS6: @:.3J1O<?76:
(s0,o0)
(a1,r1)
(a2,r2)
(s1,o1)
a1
a1
a1
a1
a2
...
a2
a2
a2 a1
...
(s2,o2)
a1
a2 a1
a1
a2
a2 a1
a1
a2
a1
a2
a2
a2 a1
a1
a2 a1
Depth
H
a2
a2 a1
a2
...
qCt{]}hk
.CC<}}<kI<k~wXkF<}<<}ki~w}w.k <}~w<}tk}w}<5<}iF}.L1Ck}}}.<}w~wkLIi~wk}wI}R Y ?1>
N'5 8: Q+OCTl1@wOTV1O/3: _<?3C: 8w5KL!56_3U=C: ; 5\@8wNU: OCT5 8yDA]3C: =: @ OC: 8o<?@M: ; OC<?5\@qb6I.q[<?O
: @5f =XOZ[5j18]761@ OJ1KS6: =X576: 3/OTV1OXN':.OCT5 8mOTV1Odi_=CO<Lfj56_3X; 56@]=C<?8: 3<>@]Sj<>OpV3=CO`
x<>3=COqV<?OTV1K=G1=C<?N'AQ?: 31@]82N'5\3C:R<?@PO_<?OC<?76:!1K@V1Q?f =C<?=` :.; 56@8q<?Od8<?3C:.; OCQ?f9Q?:18={OC5
=C5\N':dA]3J1;.OC<?;1QS\3J1K8<?: @ Od1=C;.: @ OG1Q?S\563C<?OTN'=%OTV1O+Z+:!8: =; 3C<?Wl:!<?@M: ; OC<?5\L@ *l`
W: ;1KQ?Q#OCTl1ORZ[:/13:cS\<?76: @21US6: @]: 3J1KOC<?76:XN'5 8: QL563R1'F%sR02ERFo Z<?OCT28<?=OC<?@ h
S6_<?=T: 8j=CO13O/=COJ1KOC:9 `rx]563X:1=:'5KLd: e AV5\=C<?OC<?56@qbZ[:91=C=_N':/OT: 3:1K3C:U56@Q?fBOZ[5
1; O<?56@={<>@BqV1;.OC<?56V
@ 1@8B1; O<>5\V
@ qlW_OR56_]3d3C:.=C_Q?OC=R:1K=C<?Q?f9S6: @:.3J1Q?<? :XOC591@ f
pV@<?OC:R@ _N/Wl: 3+5LH1K; OC<?5\@=!D=: :!tdA]AV: @]8<?eÎ `
tvC ~\ 9/<?=!=C<?N'A]Q>f219W]<>@l13CfBOC3: :'<?@jZT<?;Tj:1K;JTj@]5P8]:'<?=!Q1Wl: Q?: 8jW f
WV5\OCT21X=CO1O:!<?@ 1@]81K@956W=: 3C761KOC<?56@#q1K@89TV1=R1X=C<?@S\Q>:R;T<?Q?8/L5\3d1; O<?56=
@ 1@8
19=C<?@S\Q?:';T<?Q?8BL563c1K; OC<?5\
@ 6`Bt{88<?OC<?56@l1Q?Q?fPql:1K;JTnQ?<?@4)L3C5\N 1AV13: @ O/OC5j19;T<?Q>8
Z<?Q>QlTV17\:c1X3C: Z1382 Q1Wl: Q?<?@ScOTV1OQ?<?@4`baT:!8]: AOCT)5L%OCT:OC3C:.:cZ<?Q?Q1KQ?Zz1f =Wl(: q
OCTP: hT5\3C<? 5\@'OC<?NU: q\=C5/OT:ROC56O1Ql=C<? :/D@ _N/Wl: 3+5L#@5 8:.=JI<?@/:1K;TÔ3J1 i: ; OC5\3CfUOC3C:.:
Z<?Q>Q+Wl:1KWV5\_O'1 <.`nj:'Z<?Q?Q[: 7\: @ OC_V1KQ?Q>fj8]<>=; _=='7613<?56_=X=C: OOC<?@S\='<?@mZT<?;TnOCT<?=
: e AV5\@: @ OC<1KQ8: Al: @8: @]; :/56H@ ?+;1@9Wl:17\56<?8: 8`
t O3J1 i: ; OC5\3CfjO3C: :/<?=!W_]<>Q?O{<>@j1U=CO3J1<?S\TPOL563Zz1K3C8BN^1K@@: 3L3C5\NvOCT]:/S6: @:.3J1O<?76:
N'5 8: Q`laT:35P5\O%Z<?Q?QM1KQ?Zz1f =#Wl:Q1Wl: Q?: 8XWPfXOCT]:=COJ1K3CO%=OJ1KOC:dd1@]8cOT:56W=: 3C761KOC<?56@
Q`yab5mS\: @: 31O:rOT:2OZ+5m;T<?Q?83C: @5L!OCT:B3C5 5\OqZ+:2;1KQ>Q{OCT:BS6:.@: 3J1KOC<?76:)N'5 8: Q
56@nD6% JIR1@8wD\% I qb1@8BOCT:/S\: @: 31O<>7\:/N'5 8: Qb3: OC_3@=XOCT:/OZ+5'@:.ePO=COJ1KOC: =
3C:1K;T: 8rD=J1fc. 1K@8'. q\3C: =AV:.; OC<?76:.Q>fI.q OCT:{OZ[5R56W]=C: 3761OC<?5\@=%N^1K8:dD=J1?f Q 1@]8 Q q
\ C>kq5k 7>k>Ik . w 1\.->.2 k
>^ ]5wk\kk>
>
k
>^ ]<5 k>7kk>kC
3C: =AV:.; OC<?76:.Q>fI.q1@8UOCT:{OZ[5R3C:.Zz1K3C8=3: ; : <?76:.8rDv ; D\%DI[1K@8Xv ; D6% ICI.`
aT: @9D. % Q I-1K@89D. % Q IZ<?Q>Q Q1Wl: QOTT: h;JT]<>Q?8c1K@8? h;JT]<>Q?8!5KLOT:3C5 5\Oq61K@8cOT:
Q?<>@]4P=+L3C56NOCT]:c35P5\OdO5'OCT]: =C:X;T<?Q>8]3C: @BZ<?Q>QTl176:!3: Zz1K3C8=hv 1@]8Vv `TW: ; _3=C<?76: Q?f q
L563d1K@ f'@5 8:c5Lb8: AOTrQ?: ==dOTV1=
@ ? q]Z[:S6: @:.3J1O:cOZ+5/;T<?Q?83C: @21K@823C:.Zz1K3C8={<>@
OCT:R=1N':{Zz1f/Z<?OTÔT:RS6: @]: 3J1KOC<?76:!NU5 8: Q`%DM: :cx<?S6_3:Y\` I
d5ZoL5\3G1@ fj6 X ~=COC31O: S6fjbq1@8)L563R1@ f9OC31 : ; O563frO3C: I: !q#m1K;h
; _N/_Q1KOC: =!1UZ[:.Q>Qh8:pV@]: 8j3C: O_3C@k56d
@ !`9 OC31O: S6fjk8:pV@:.='1'Al1OCTjOT3C5\_S6TjOT:
OC3: ?: y} Z+:c=OJ13Ocm1KOROCT:X3C5 56OqZT: 3:/<?OG=: : =!ZTl1OC:.76: 3!5\W=C:.3C761O<?56@B<>=R=OC563: 8
OCT:.3C:2DOTV1O<>=q#OT:/56W]=C: 3761WQ?:XT<?=COC5\3CfB=C5UL1K3!; 56@]=C<?=CO=!56@Q?f25KLzOT<?=R56W=: 3C761KOC<?56@VI.`
OC31O: S6fjjOT: @m8]: ; <?8: =XOC59: <?OCT]: 3cO14\:'1; O<>5\
@ 5\3c1; O<?56d
@ \qZT<?;JTB=C:.Q>:.; OC='1
;T<?Q>8U5LbOCT:R3C5 5\O`b@8_]; OC<?76:.Q>f q\<L%2Tl1=+3C:1K;JT]: 82=C5\N':{<>@ O: 3C@V1KQ@5 8:R<?X@ !qZ+:d;1@
L: : 8BOC52OCT:/: @ O<>3:/56W=: 3C761KWQ?:cT]<>=OC5\3Cf2S\: @: 31OC:.8m1Q?56@SUOCT:/Al1OCTBOC59OT<?=G@]5P8]:6q
1@8U8<?=C; 57\: 3ZT<?;T9;JT]<>Q?8U5L-OT:R; _33C: @ Od@]5P8]:)=C:.Q>:.; OC=`[@UOCT<?=Z1fPq\Z+:^3C_@]Y
56H@ oOC5/3C:1;Tr=56NU:dQ?:1L%@5 8:5<L !qV1K@89Z[:R8:pl@:cOT:!3: OC_3@ ; Db dI+O5/WV:!OT:
3C: O_3C@m1KQ?56@S9OCT]:/AV1OTrO146:.@jWPfjb`/@BOCT:U; S6: @]: 3J1KQ%;1=:'OTV1Oc<?=!=CO5P;TV1K=CO<>;\q-
8:pV@]: =G1)6 " #P\956@9AV1OT=d<?H@ !qV1K@8 Db6 dI+WV: ;.56N':.=dOCT]:!: e AV:.; OC: 8B3C:.OC_3@
1; ;.563C8]<>@]ScO5/OCT<?=+8<?=COC3<?W_OC<?5\@#`bL-Z+:RTV176:{; 3C:1KOC: 8)OC3J1.: ; O563Cf9O3C: : 4=

Ncq1
@V1O_3J1KQ: =CO<?N^1O:L5\3R DI+<?=OCT: @
D6I
DI% ; Db6 I
"
x 5\3ROC: ;T@<?;1KQ[3:1=56@=q%1Q?Q%O3J1 :.; OC5\3CfjOC3: : =X<?@jOCT:/3: N^1K<>@]8: 3R5LdOT<?=!=C: ;.OC<?56@m1K3C:
1==C_NU: 8mO5mTV17\:^8]: AOCT: _V1Q{OC5jOCT]:V%6hT5\3C<? 56@oD31OCT]: 39OCTV1K@OT:VhT563<>.56@VI
OC<?N':\`#s{_3N^1K<>@XS65 1Q<?@UOCT<?=+=C: ; O<?56@9<?=[@5ZOC5X: =CO1WQ?<?=CT91!@5\@ OC3C<?7 <1Q3: Q1O<>5\@=CT]<>A
WV:.OZ[: :.@rOT:! _V1Q?<?Of'5KL%OCT<?=d:.=COC<?N91OC:!1K@82OCT]:r=J1NUAQ?:d=<>.: `dt{=d<?=dOf A<?;1KQ#5L
1@V1KQ?56S65\_=R3C: =_Q?OC=/<?@m=_Al: 3C7 <?=C: 8nQ?:1K3C@<?@SlqbZ[:UZ<>Q?Q1; O_V1Q?Q?fBA3C57\:r \ ~6
\~9OCT: 5\3C: NU=`n : ; O<?56@w`?XpV3=COUOC3C:1OC=/OT:9:1=<?: =COU;1=:6q+OCTV1KOc5KLdpV@<?O:^X
: ; O<?56@r]` OCT]: @r:.ePO: @8=ROT:!OCT]: 563: N|OC5U<>@MpV@<?OC:!oL563d8]: OC: 3N'<?@<?=CO<?;G=OC31OC:.S6<?: =
1@89 : ; O<?56@r]` GpV@V1Q?Q?f/S6:.@: 3J1KQ?<>.: =dOT:R3C: =_Q?OdOC5/<?@ pl@<?OC:!1@8U=CO5P;TV1K=CO<>;c`
R
V4V-L?6Tx/
ab5!; 56@ 7\: f/OCT:R<?@ OC_<?O<>5\@/7 <1OCT]:d=C<?NUAQ?: =CO1@V1KQ?fP=<?=q\Z[:{WV: S\<?@'Z<?OCTUOCT:R;1K=C:RZT: 3:
<?=d1pV@]<>O:R; Q1=C=5KL[9=CO3J1O: S6<?: =`
Fx wF>k7w>RCwk>]y=>kw16PC>wCy.k>>-E>w>b 6w>><if>.>C>7PT (7%
C > ww> k
d< y C D<
" >
kCI k XCtk1 >1 C->4wyN X1- R>C>6%LN kCT4 C>!C % k >=RC>5 >k>CCT>6t >w>-

y w C DI<%
TN1 %D"
y
k
1
R
V
u[ : O/_=pVej1@ fj=CO3J1O: S6fm c`)aT: @k:1;TnOC31 : ; O563fjOC3C:.:
<?=G_]=C: 8jO5^S\: @: 31O:^1U3C_@nD5\3!8<?=CO3C<?W_O<?56@B56@B3C_@=IR5LOCT]:/=COC31O: S6fjbq#1@]8j56_3
: =CO<?N^1O: DIHL563+OCT]:G3: OC_]3C@25KL-=CO3J1KOC: S\f^9<?=OCT]:17\: 3J1KS6:{3C: O_3C@25KL-<?OC= 3C_]@=
D8<?=OC3C<?W_]OC<?56@=X56@k3C_@]=JI `naT]:^;.3C_; <1KQd56W]=C: 3761OC<?5\@m<?=cOTV1OXL563XOCT<?=XpVe : 8wbq%OT:
761Q?_: = ; Db6 I+OCTl1Od13:!S6:.@: 3J1KOC: 8)WPfUOCT:8<: 3: @ OdO3J1 :.; OC5\3Cf9OC3: : P= 13C:<>@]8:h
AV:.@8: @ OàT<?=#<?=:1=<>Q?f{=C: : @X<LZ[:%<?N91S6<?@:OCTV1KO#:1K;T!OC31 : ; O563f!OC3: :[<?=; 5\@=CO3C_;.OC: 8
W f/pV3=COR; 56@]=COC3_; O<>@]S'OCT]:cAV1KOCTjD5\3d8<?=OC3C<?W_]OC<?56@956@)AV1OT=JI8: OC:.3CN'<?@:.82W f^bq1@8
OCT:.@1 LOC:.3CZ13C8]=; 56@=OC3_; OC<?@SUOCT:3C: =Od5LbOCT:RO3C: :6àT:!3: =C_Q?O<>@]S/8<?=COC3<?W_OC<?5\@'56@
OC3: : =d<?=<?8: @ O<>;1QOC5/OT:R8<?=CO3C<?W_O<>5\@9S6: @:.3J1O: 82W f/56_]3563C<?S\<>@l1Ql8: =C;.3C<?AOC<?5\@#`
aT<?=c<?@8:.AV: @]8: @; :)<>NUAQ?<?: =ROCTV1KOcZ+:';1K@w1AAQ?fBOCT:9+T: 3@5Wl56_]@8jL5\3cOT:
8: 7 <17O<>y5\ @/5L[1@U: =CO<?N^1O:L356Ng<?O=N':1K@#`-M<>@]; :ROCT:!N91e <?Nc_]Ny3C: O_3C@2<?=Wl56_@]8: 8
W fj qZ[:/Tlw 1x76:/OCTl1O!OT :/A3C5\WV1W]<>Q?<?Of2OTV1O!OT:/8: 7 <1O<?56@B<>=N'563:cOTV1
@ %\'<?=
WV5\_@8:.8^W f
`
5XL13+Z+:GTl176:R3C: =OC3<>;.OC: 8B56_3d1KOCO: @ OC<?56@9OC5'1pVe : 82Al56Q?<?; f'b`b+f21AAl:1Q?<?@SXOC5
OCT:+=C5Kh;1Q?Q?: 8^ 6H #6 q\Z[:TV17\:[OTV1ObOT:A3C5\WV1wW]<>Q? <? OfROCTV1KO 6 X92n8: 7 <1O: =
W f!N'5\3C:+OCTV1KX@ \L3C5\N <?OC=%NU:1@X<?=%Wl56_@8]: 8'W fc
"!`-x<?@V1Q?Q?f qOT:
: 3C3563L3C5\N|OC3C_]@;1O<?56@r1KOd8: A]OCV
T # <?=G1O{N'5\=CTO %6]`d: @]; :6qZ+:!TV17\:!OCTV1KOdZ<?OCT
A3C5\WV1W]<>Q?<?Of97 $!q]OCT:RQ13S6: =Od8:.7P<1KOC<?56@U5L%56_3:.=COC<?N91OC:.=+L3C5\NgOCT:OC3C_]:!761Q?_: =<?=
1O+N'5\=CRO \
% %6R/
`
&
aT:; 3C_]; <1QAl56<?@ O-O5!@5\OC:G1KWV5\_O%OT<?=%3C: =_Q?O[<?=%OT:d8]: AV:.@8: @;.:!56@'b<?O-<?=%5\@Q?f
>6\ ?X~X<?@mbq-1K=!56AAl56=: 8mO52OCT]:'Q?<?@:13WV5\_@8j: e Al: ; OC:.8mL563!OT:'=OC3J1Z+hN^1K@
0956@ O:c13Q>5'1KAA35P1;T28]: =C; 3<?WV: 8B:1K3CQ?<?: 3àT _=qlOCT:XOC31 : ; O563f2OC3: :Y1KAA35P1;T2<?=
1;T<?: 7 <?@Sd;.56@=<>8]: 3J1KWQ?:G 5LlOCT:S\: @: 31OC:.8/: e AV: 3<?: @; :6bZ<?OTc5\@Q?fG5\@!OCT]:563C8]: 3
5LbQ>5\SDI+8V1KOJ1]qZ+:G;1@9S6: Od1K@9: e ; : Q?Q?: @ O: =CO<>N91O:G5KL-OT:R761Q?_:R5L%1Q?Q)=CO3J1KOC: S\<>:.=`
R('
V4V-*) P
+ TyD-,D/.10 4 D(2
j:/@5ZN'57\:c5\@mOC5)OCT:UN'563:/S6: @]: 3J1KQ;1=:^5KLd<?@ pV@<?OC:/;.Q1K=C=: =/5Ld8:.OC: 3N'<?@<?=CO<>;
=CO3J1O: S6<?: =`s{_3/O3C:1KOCN':.@PO/Z<?Q?Q1SP1K<?@mAV1K3J1Q?Q?: QOT:9OCT: NU:95LG8l1OJ1B3: _=:2<?@m=C_Mh
AV:.3C7 <?=C: 8kQ>:13C@]<>@]SVqb1@8BZT<?Q?:/OCT<?=!=: ; OC<?5\@mZ<?Q?Q-S\<?76:'19; 5\N'AQ?: O:c8]: =C; 3<?AOC<?56@n1@8
: e AQ1@V1KOC<?56@95KLH5\_3R3C: =_Q?Oql=C5\N':!5KL%OCT:XN^1KOCT: N91O<>;1Ql8: OJ1K<?Q>={Z<?Q>QWV:XQ?:LO{OC5't{A h
AV:.@8<?e'tX`
wT: @91883: =C=<?@ScOT:d=1NUAQ?:[; 5\N'AQ?: e <?Of!5KL#=C_Al: 3C7 <?=C:.8^Q?:1K3C@<?@Slq6Al: 3TV1A=OT:
N'5\=CO+<>NUAV5\3CO1@ O[5\W=C:.3C761O<?56@9<?=OCTV1KOd: 7\: @2OCT]56_S\Tr1X; Q1==vN^1f/Wl:!<?@ pV@]<>O:6qOT:
@ _N/WV:.35LAV5\=C=<>W]Q>4: #J\6 5KL 56@c1pl@<?OC:%=: Ob5LAV5\<?@PO=#<?=#5KLOC:.@!@56O: e TV1_]=COC<?7\:6`
09563:!A3: ; <?=C: Q?f q<?@2OCT]:c;1K=C:X5Lz1; Q1==G5KL%WV5 56Q?3 :1K@9L_@]; OC<?56@]=qZ+:!=J1f9OTV1OROCT]:c=: O

43{<?= \'W f/|<L-: 7\: 3Cf95KL-OCT]:c Al56==C<?WQ?:RQ1Wl: Q?<>@]S6=+5L-OT: =:cAl56<?@ OC=
<?=3C:1KQ><? :.82W f^=56NU:)9ràT]:cd8<?N': @]=C<?56@U5L%v<?=OCT]: @r8]:pV@: 8j1=OT:X=C<? :
5LOCT:UQ13CS\: =CO=CTV1KOCOC:.3C: 8n=C:.O`9O!<?=!4 @5Z@BOCTV1KOc<LOCT:/du8<?NU: @=C<?5\@r5KL[<?(= 5lq
OCT:.@'OCT]:d@ _N/Wl: 365 3 D 3 I5L#Al56==C<?WQ?:dQ1KWV: Q?<?@S\=%<?@8_; 3:.8'W fX56@'1=C: O5KL Al56<?@ OC=
<?=[Wl56_@]8: 82W frD# 5 I q ZT]<>;T9<?=N/_;T'Q?: ==dOCTl1@2 L56T3 587 `%aT<?=@5\@ OC3C<?7 <1Q
9
WV5\_@8XA3C57 <?8: =bOT:[4\: f!Q?: 7\: 3J1KS6:+: e AQ?56<?OC: 8XW f!OCT]:[; Q1K=C=C<?;1KQdj8]<>NU: @=<>5\@R3C: =_Q?OC=q
=C5XZ[:Z<>Q?Ql; 56@]; : @ OC31OC:X56@U3C: A]Q><?;1KOC<?@S/OT<?=Q>:.76: 31S6:R<?@'5\_3=C:.OCOC<?@Sl`
@rOT:c<?@ OC:.3C: =OC=!5KLz; 5\@; 3: OC: @]: =C=q%Z+:cZ<?Q?Q#@5ZL5 ; _=R56@j1@]82=C4\: OC;TjOCT]:c<?8:1K=
WV:.T<?@8cOT:OZ+5hC1; O<>5\@!;1K=C:5L56_]3-OT: 5\3C: NBqZT<?;Tc;1K@cWl:85\@:[W fc1KAAl:1Q?<?@Sd5\@Q?f
OC5!OT:L1N'<?Q?<>1K3#dk8<?N':.@=C<?56@X5L#Wl5 56Q?:1K@XL_@; O<?56@=`%R: @: 31Q?<?1O<?56@=%5KL-1Q?Q5KL#56_3
3C: =_Q?OC={OC5XOCT:!;1=C:5L-N/_]Q>O<?AQ?:d1; O<>5\@=13C:A3C57 <?8: 8U<>@9t{AAV:.@8<?e^R`
_AAl56=:r<>=21K@w<?@ pV@<?OC:); Q1=C=95KL8]: OC: 3N'<?@<?=CO<?;2=CO3J1O: S6<?: =)<>@o1jOZ+5hC1; O<>5\@
F%sR02ERFb`6aT]: @':1K;T^=OC31OC:.S6f^ô<?=[=<?N'AQ?fc18: O: 3CNU<>@]<>=OC<?;+L_@]; OC<?56@UN^1KAA<?@S
L3C5\NOCT]:r=: O'5KL1KQ?Qd56W]=C: 3761WQ?:2T<?=OC563<?: ='O5jOCT:2=:
O %
Pqd1K@8nOCT _=U;1@wWl:
7 <>:.Z[: 8'1K=z1WV5 56Q?:1K@XL_@;.OC<?56@/5\@'56W]=C: 3761WQ?:dT]<>=OC5\3C<?: =`bj:;1@/OCT _=+Z3C<?O:ddRDRI
OC5X8: @5\OC:!OT:RL1KN'<?Q?<>1K3-d8<?N':.@=C<?56@/5KL-OT:!=C:.Od5LbW<?@V13fXL_@;.OC<?56@=X`
j:^@]5Z|=CT5Z<?@PO_<?OC<?76:.Q>fjZT fw1B=CO3J1KOC: S\fw; Q1=='v5KL!WV5\_@8: 8d8<?N': @ h
=C<?56/
@ 5n;1@]@56O2<?@8]_; :B: e TV1_=OC<?76:jWl: TV17 <?56395\@ 1k=C:.=
O

N 5L/OC3J1.: ; O563Cf
OC3; : : =9L5\3 ;: ; 5l`d5\OC:jOTV1O9<;LY JN n; 13C:B=C_];JTyOTV1O9OT: <?3nCQ1Wl: Q?<?@S6=
D 6 I

D 6 tRIC!1K@8k D 6 JI.

J D 6 tRICR8<: 3qOCT: @jZ+:/N/_=O
TV176: ; D 6 I= < ; D 6 IL5\3=C56NU:/=q
> ?> `[+_OR<LH G1@]8 S\<>7\:R8<: 3: @ O
3C: O_3C@]=%56I@ qKOCT: @/OT: fXN/_=CO;T5 56=C:8]<: 3: @ O[ 1; O<?56@=%1O=C56NU:%@5 8:<?I@ `#aT _=q
<LMR<?=#OT:%5\W=C: 3761WQ?:bT<?=CO563fGQ?:1K8<?@S+OC5dOTV1O@]5P8]:6q6 DlI=w
< DVI.`@!5\OCT: 3Z[5\3C8=q
: 76:.3Cf/8<: 3C: @ OQ1Wl: Q?<?@SR5L#OT:d=: O5L f <?: Q?8=z18<: 3: @ OQ1Wl: Q?<>@]SG5KL#OCT:R=: O
5L mJ 56W=: 3C761KWQ?:G 6. OCTV1KOz1K3C:dS\<?76: @UWPf/OT:dO3C: :.=`+aT<?=[NU:1@]=%OCTV1KO[OT3 :
@ _N/WV:.35L[8<: 3C:.@POOC3C:.:/Q1KWV:.Q><?@S\=;1@BWl:Y1KOdN'5\=CO=5 3 D m I@>gD m 5 I `
[fU8: 7\: Q?56A<?@S/OT<?=G13S6_NU: @ O;13:L_Q?Q?f q1@8r1KAAl:1Q?<?@SXOC5';.Q1K=C=<>;1Q#_]@<L563N; 5\@ h
76: 3S6: @]; :!OC:.;JT]@<?P_]: =qlZ+:G5\WOJ1K<?@'OCT]:dL56Q?Q?5Z<>@]S!OCT:.563C:.Nr`
TN1Fx%DA F5d>C
wtyL>C k> }w>i>`>k>d"B
>>(75>Cq7T:CDC/E >{w>iy5PRF ky>kwR
k>>wP>Ck>5>w w>< > %RkCww>1w>w}k

/GFk y H=I7-1JCyI<#K
ML>
kCI k Xk1 1 ->wN X1- N % =RC5>>C>tw>-
N
aT:{L_Q?QA3C5 5KL-5L%OT<?=[aT:.563C:.N|<>=<?@UtdAAl: @8<?eUtc`
R
V4V-*) P
+ TyDPOD D2 4- D2/
j:!@5Z1883: =C=OCT:/S\: @: 31Q%;1K=C:/5KL[<?@ pV@<?OC:X=CO5 ;JTl1=CO<?;/=COC31O: S6fB; Q1==C: =`ct{SP1K<>@
L563{OCT:X=J1K46:!5KL[; 5\@; 3C:.OC: @:.=C=qZ[:L5 ; _=R56@2OT:XOZ[5Kh1K; OC<?56@);1=:6q8:L: 3C3<>@]S^8]: OJ1K<>Q?=
5LbOCT:RN/_Q?OC<?AQ?:d1K; OC<?56@U;1=:!OC5/t{AAl: @8<?e^R`
sd_]3G1A]A3C5 1;T2<?@ 7656Q?7\: =OC31@=L563N'<?@SX=COC5 ;TV1K=COC<?;X=CO3J1O: S6<?: =R<?@ OC5/8:.OC: 3N'<?@<?=CO<>;
56@:.=qOT: 3C:.WPf3C: 8_]; <?@SROC5ROCT:+;1K=C:+TV1@8]Q>:.8!<?@!OCT:+A3: 7 <>5\_=b=C: ;.OC<?56@#`b@AV13OC<?; _Q13q
S6<?76:.@^1@ f/; Q1K=C=5L%=OC5 ;TV1=OC<?;RL_@]; OC<?56@]=[Xq:1K;JT9Z<?OCT985\N^1K<>@RQ DZT:.3C:8Q<>=OT:
=C: OR5KLz1Q?Q#Al56==C<?WQ?:pV@<?OC:X56W=: 3C761KWQ?:cT]<>=OC5\3C<?: =JI.qZ+:!pV3=COR: e OC:.@8jOCT:X85\N^1<?@L3C5\N
6
QvO5NQTSjU9C`bx5\3:1;T9=CO5 ;JTl1=CO<?;!L_]@; OC<?5\@^B9cq]Z[:!8]:pV@:c1X;.563C3: =CAl56@]8<?@S

8: O: 3CNU<>@]<>=OC<?;L_@;.OC<?56@!l 576: 3/QVSdU9P1K=L5\Q?Q>5Z=lD% vI-/
#<tL v8>wR bDlI-
Cq1@82lD#% vIbq
5\OCT:.3CZ<?=C:67` : O{WV:OCT:R; 5\Q>Q?: ;.OC<?56@95LbOCT:.=C:!8:.OC: 3N'<?@<?=CO<>;
L_@;.OC<?56@=l`
R<?76: @r1U=: OR5L=COC5 ;TV1K=COC<?;/=OC3J1KOC: S\<?: =!cqZ[:X@5Zy8:pl@:/<?OC={ P\1 C\c \
AdRDRIXOC5BWV:9dRDdI q+OCT]:^d 8<?N':.@=C<?56@j5KLGOT:9; 5633C: =AV5\@8<?@Sm=: O/5LR8: O: 3h
N'<?@<?=CO<?;'=CO3J1KOC: S\<>:.=`DaT<?='<?=U: _<?761Q?: @ O/OC5kOCT:2;.56@ 76: @ O<>5\@V1Q{8:pV@]<>O<?56@w5KLOT:
A=C:._85h8<?N':.@=C<?56@k5L!cq+ZT:.@wv<?=/7 <?: Z[:.81=91B=C: OU5L!N^1KA=/<?@PO5r3:1Qh761Q?_: 8
1; O<?56@ hA3C5\WV1W]<>Q?<?OC<?: =` I
j:!@5Zy=CT]5Z T5ZuZ[:X;1@)N'5 8<Lf'OT:X563C<?S\<>@l1Q-FsG0)EGF=C_];JTjOTV1OROT:c:.eP:ih
; _O<>5\@95L-OT:!=OC5 ;TV1=OC<?;c=OC31OC:.S6f22<?@9OCT]:!563<>S\<?@V1QF%sR02ERFn<?=: _<?761Q?: @ OOC5/OT:
: e : ; _O<?56@n5LROCT:28]: OC: 3N'<?@<?=CO<?;'=CO3J1KOC: S\fld<?@kOCT:2NU5 8<pV: 8mF%sR02ERFb`bj:UpV3C=O
: e AQ1<?@/OCT]:!; 56@]=COC3_; O<>5\@r1==C_NU<?@SRL_Q?Ql56W=: 3C761KW<?Q?<>Of `@ OC_]<>O<?76: Q?f q6Z+:R=C<?N'AQ?f/188
OC5X:1;T9=CO1O:c1@956W]=C: 3761WQ?:R761Q?_P: vRj 9]iZT]<>;T9<?=[_]@<L563N'Q?fc8]<>=OC3<>W]_OC: 8`%x5\3h
N^1KQ>Q?f6qS6<?7\: @1K@0)EGFZ<?OCTn=CO1OC:.=^+q+Z[:21_]S6N':.@POOCT:2=OJ1KOC:9=CAV1K; :2O5jWV: ;.56N':
WSÛ9]i`sd@U=CO1OC:RO3J1@]=C<?OC<?56@]=[OTV1O+Z[5\_Q?8/TV176:{: @ OC: 3: 8r1R=OJ1KOC:!{<>@UOCT:{563<>S\<?@V1Q
02ERFbq6Z+:d@]5Zw: @ OC: 3d1K@^1K_S6NU: @ OC: 8/=OJ1O:/D\ vI.q ZT: 3Ch: vR<?=+8<?=CO3C<?W_O: 8'_@]<L563CNUQ?f
<?@Û9Cq61K@8/<?=%<?@8: Al: @8]: @ O5L#1Q?QVA]3C: 7 <?56_=: 76: @ O=`%O<>=+:1K=CfXOC5X=C: :{OCTV1KO[<L<>@/OT:
563<>S\<?@V1Q#02ERFnOT:/=CO5 ;JTl1=CO<?;cAl56Q?<?; f2BTV18B=C5\N':RA356WV1KW<?Q><?OfRX2 R bDI
5LbOJ14 <?@S/1; O<?56L@ q OCT:.@rlTV1=OT:!=1N':{A3C5\WV1W]<>Q?<?OfX5L%856<?@SX=C5l`
aTP_]=q W f'; 5\@=CO3C_;.OC<?56@2OT:ROC31@=L563N': 8902ERFmTl1=Q?:LOOT:R_@8: 3Q?fP<?@S/O3J1K@=C<h
OC<?56@UA3C5\WV1W]<>Q?<?OC<?: =RD7 <?: Z+: 8r1K=+L_@; O<?56@=5\@Q?f'5L%I_@;TV1K@S6: 8`%@8:.: 8#qlOC5'1K@^5\W h
=C: 376: 3=: : <?@S/5\@Q?fY1=C: _:.@; :X5L#OCT]:ih; 56NUAV5\@: @ OC=RD1K@89@56O+OCTh: v.h; 56NUAV5\@: @ OC=I q
19=CO5 ;JTl1=CO<?;^ybZ[Y 1 U: e : ; _O: 8w56@jOT:'5\3C<?S6<?@V1KQ%02ERFyZ+56_Q?8BWV:U<>@]8<?=h
OC<?@S\_<?=CTV1KWQ?:/L356N OCT:2;.563C3: =CAl56@]8<?@Sn8: OC:.3CN'<?@<?=OC<?;2l'dZSwU9]i\[Y 1

: e : ; _O: 8y56@oOCT]:m0 1_S\N': @ OC:.802ERFbq[1K=^8]: =C<?3C:.8#`|aT _=q{<?O9<>=U:1=fO5m=: :mOTV1O
D IR^] _ D % vICqlZT: 3C:UOCT:/Q?:LOhTV1@8B=C<?8:/<?=!OT:/761Q?_:L_@]; OC<?56@B<?@rOT:
563<>S\<?@V1Q602ERFbqOT:[3<?S6T OhTV1@]8G=<?8:%<?=#OT:[761KQ?_:L_@; O<?56@R<?@!OCT:+02ERF9Z<?OCT!OT:[1_]Sh
N': @ O: 8'=OJ1O: =q1K@8222 1K@82l#9db13:c1@ f/AV1K<>35KL%; 5633C: =AV5\@8<?@S'=OC5 ;TV1=OC<?;
1@8U8: O: 3CNU<>@]<>=OC<?;R=CO3J1O: S6<?: =`
W: O_3C@<?@SXOC5/OT:RAV13OC<1Q?Q?fX56W=: 3C761KWQ?:G;1=C:\qVOT:R56W=: 3C761KWQ?:RT<?=COC5\3C<?: =;1K@21Q?=C5
WV:!1K_S6NU: @ OC: 89Z<?OCT9OCT]: =C:'D56W=: 3C7\: 8VI{: e OC31/31@85\N761K3C<1W]Q>:.=z1KO:1;T2=OJ1O:6q1@8
OCT:R1; O<?56@'O14\: @'@5Zn8:.AV: @]8=d5\L@ v!1KO%OCT:R; _]3C3C:.@PO=OJ1KOC:6`+09;563: 576: 3q =C<?@; :RZ+:G1K3C:
@5ZZ[5\3C4 <?@S2Z<?OCTj8]: OC: 3N'<?@<?=CO<?;/=COC31O: S6<?: =q[:.761Q?_V1O<?56@B5L D 6 I56@1S6<?76: @
OC31 : ; O563f'OC3: h: %DZT<?;JT9<?=+: =C=: @ OC<1Q?Q?f'1@9_@V1K_S6NU: @ OC: 8/O3J1 i: ; OC5\3Cf9OC3: h: !q Z<?OCT
1@218]8<?OC<?56@V1KQ#31@85\N761K3C<1W]Q>h: v/1KOd:1K;JTB5L%<?OC={=CO1OC:ih@5 8:.=JIRZ+56_Q?893C:.P_]<>3:c5\@Q?f
OJ1K4P<?@S5\@:+AV1OTc8:.OC: 3N'<?@<?=CO<>;1Q?Q?fdOCT]3C56_]S6T!OT:OC3: :6`%E{56<?@S=5VqZ+:[S\: O%1@!:.=COC<?N91OC:
5L[OT:/761Q?_:5Ldl[1@8BOCT]: 3C:L563C:'1K@r:.=COC<?N91OC:X5L+OCT:/761KQ>_]:!5LOCT:/;.563C3: =CAl56@]8<?@S
=CO5P;TV1K=CO<>;db`%s{_33C: =_Q?O%L5\3b8: OC:.3CN'<?@<?=OC<?;[=OC31OC:.S6<?: =+OCT: 3:L5\3C:G1KAAQ?<?: =q\S6<?7 <?@SdOT:
L56Q?Q?5Z<?@SROCT:.563C:.Nr`
` ub V g {a {# #J/\'~.> 6 ~ ~ C\\ .6R6B6 #C\ c%
P

6~6PMPi<JLK4M7#6]R>6A]dRDGI#J?H P\1C\c \/() C ~\

#J/~C\' 69X6C\/X\ 6d >)6\cJ 6 +6U>
DRI #>]d \>6R X6 6 ! 6!?+~J\ C M\66!\.c] ~
6\ )cb
@<AB I ED AdRDRIe%jQ?5\SVDC
!6II(f
DEb6I
-dD
>])%?C # #?>/6> R g! DI DIh
> R? ! X\>6\ ?
6RKV)Î
)
j:d@5\OC:ROCTV1KOd1!7\: 3CfU=C<?N'<?Q13b3: =C_Q?O;1K@9WV:R56W]OJ1<?@:.8'L563+OCT:R563<?S6<?@V1QlA356Al56=J1KQ
5Ld6C\6576: 3R1Q?Q#AV1KOCT=R<?@9OCT:X563<?S6<?@V1QO3J1 i: ; OC5\3CfBOC3: (: gDZ<?OCT5\_OdOT:c=OJ1KOC:
1_S\N': @ O1OC<?5\@cA356Al56=: 8r1Wl576:I `
jvkX$"H,i<9ml6$"njmo*oU"%$@p',- .X9, qk
R<?76: @'1S6:.@: 3J1KOC<?76:RNU5P8]: QL5631!F%sR02ERFnq OCT:R_@<L5\3CN; 5\@P7\: 3CS\: @; :3C: =_Q?OC=5L
OCT:A3C: ;.: 8<?@SR=C: ;.OC<?56@=<>NUN/: 8<1O: Q?f[=_S6S\: =CO%1; Q1=C=5L1KQ?S6563<?OCTNU=L5\3-1KAA3C5e <?N^1KOC:
AQ1@@]<>@]SVq S6<?7\: @r1/=OC31OC:.S6f9; Q1==GX+Z[:XS6: @]: 3J1KOC: OC31 : ;.OC56; 3frO3C: :.=
6 q
1@8X=C:13C;TL563[192wOTV1O%N91e <?N/< :.= DIbuDC
I , Db6 I àT:L56Q?Q?5Z+h
<?@S=C<?N'A]Q>:b; 5\3C5\Q>Q1K3CfdO5dOT:[_]@<L563N; 5\@ 76: 3S6: @;.:3C: =_Q?OC=%: =OJ1KWQ?<>=T: =bOCT]:[=56_@8]@: =C=
5LbOCT<?=d1A]A3C5 1;T#`
r x!tsus yxwvNx "fF. Ldwy>E>wPp(7f>-kCtC{T
4
yLyw>Lw(d| PV C>k^y {V
>C 76> C>"y y <w.| C5wCwz}.|
<F7 ~ C>y V <wb| C
M>
.I %(

6:C5C6t k:C C^C ..Xk{>
:CT!ky>w C
kXk11 >N<'1 EC>(<B XkC=
R %
X<< E

L[<?Od<?=R; 56NUA_O1OC<?5\@V1Q?Q?fc<?@ L:1=<>W]Q>:OC59AV:.3L5\3CNvOT:X=C_S\S6: =OC: 8jN91e <?N'<1OC<?5\@#q65\@:
;1@)=C:1K3C;TBL563R1/Q?5 ;1QN^1KeP<?N/_NgB<?@=OC:1K8#q#1@]82_@<L5\3CN; 56@ 76:.3CS6:.@; :'1S 1<?@r1K=h
=C_3: =R_=dOTV1O D I+<?=G1XOC3_=CO: 8B: =CO<>N91O:!5L%56_]3OC3C_]:cAl: 3L563CN91@;.:6`sL+; 56_3=C:6q
: 76:.@2Q?5Z[: 3<?@Sc5\_3G1KN/W<?OC<?56@]=%OC5pV@8<?@S'1XQ?5 ;1QN^1KeP<?NX_N 5KL%OCT:X=C_3L1;.: D I
3C: N91<?@=1@!:.ePAl: @=<?76:%A356Al56=<>O<?56@#q=C<?@;.:%:1;T!O3J1 i: ; OC5\3Cf!O3C: :+<?=#5KLM=<? :%: e Al56@: @ O<1KQ
<?L@ ?`
d5Z+: 76: 3qb<?@rA31; O<?; :'<?O!N91f^Wl:/Al56=C=<?WQ?:'OC59=<>S\@<pV;1K@POQ?f23C: 8]_; :9OCT:U; 56=O!5L
OCT:/=:13;T#q%W fBN':1K@=R5LG19=<>NUAQ?:!56W]=C: 3761OC<?5\@#`2 _AAl56=:'Z+:'13:'_=<>@]S2: <?OCT:.3Y1
; Q1==c5Ld8:.OC: 3N'<?@<?=CO<>;U=CO3J1O: S6<?: =2D563XOC31@=L563N': 8j=OC5 ;TV1=OC<?;9=COC31O: S6<?: =I q1@8
OCTV1KO[Z+:!Al: 3L563CN|1S63C:.: 8f9Q?5P;1Q=C:13C;T257\: 3yOC5X56A]OC<?N'<? : DI `baT: @21KOd1@ f
OC<?N':<>@XOCT]:d=C:13C;T#q O5!: 761KQ>_l1OC:+OCT]:dAl56Q?<?; f!Z+:d13C:;._3C3: @ OCQ?f/; 56@]=C<?8: 3<>@]SVq\Z[:3:1Q?Q?f

@: : 8BOC59Q?5 56491OR56@Q?f21/=<?@S6Q?:!AV1KOCTB5L[Q?: @]S6OCTd?<?@2:1;TrO3C: :\q#; 5\3C3: =CAl56@8]<>@]S2OC5

OCT:AV1OTÔ14\: @2W f'OT:!=CO3J1KOC: S\f2WV:.<>@]S/; 56@=<?8: 3C:.8rW f'5\_3dQ?5 ;1KQ#=C:13C;T#àTP_]=qZ+:
=CT5\_Q?8cW]_<?Q>8XOCT]:dOC31 : ;.OC563f/OC3: : ={> j??{}OTV1; O<>=q<?@; 3: N': @ O1Q?Q?f!W_<?Q?8c:1;T/@5 8:
5L#:1K;T2OC3: :R56@Q?f'1=<?O+<?=[@:.: 8: 82O5/: 761Q?_V1KOC: Db IbL5\3[OT:!; _]3C3C:.@PO{=CO3J1O: S6f9b`
L%OCT: 3:Y1K3C:!Al13CO=d5KL1XO3C: :XOCTl1OG1K3C:!3:1;T:.8r5\@Q?f'W f'Al5 563dAl56Q?<?; <?: =qOCT]: @1XS\5 5P8
=C:1K3C;T^1KQ?S6563<?OCTNyN91fG@]: 76: 3+: 7\: @'W_]<>Q?8XOCT:.=C:dAl13CO=[5KLOT:dO3C: :\`%@'1@ f!;1=C:\q :1;T
=CO: A95L%OCT:RQ?5 ;1Q=:13;T2@5ZoOJ14\: =OC<?NU:d56@]Q>f/Q?<?@:1K3[<?H@ `
td765\<?8<?@S2OCT]:^:.ePAl56@]: @ OC<1Q8:.AV: @]8: @; :j5\
@ ?7 <1)Q1 fjO3J1 i: ; OC5\3CfnOC3: :2; 5\@ h
=CO3C_; O<?56@nZ[5\_Q?81KAAV:13/OC5j1A]AQ?fj56@Q?fjOC5jOT:9;1=:25LR8: O: 3CNU<>@]<>=OC<?;'=OC31OC:.S6<?: =q
563XOC5j=OC5 ;TV1=OC<?;2=CO3J1KOC: S\<>:.='OC31@=L563N': 8k<?@PO5r8]: OC: 3N'<?@<?=CO<?;'56@]: =`w<?OCT5\_OcOT:
=CO1OC:/1_]S6N':.@PO1O<>5\@98: =C;.3C<?WV:.8j<>@)OCT:/Q1=Od=: ; OC<?5\@#q#=OC5 ;TV1=OC<?;X=COC31O: S6<?: =!8]:pV@:'1
8<?=CO3C<?W_O<>5\@9576: 3/%OCT:XAV1OT=R<?@r1/O3J1 :.; OC5\3CfBOC3C:.:6q-1K@82OTP_]=G:.761Q?_V1O<?56@95L[OT:
; _33C: @ O!BN^1fU<>3@9S\: @: 31Q%3: _<?3C:X: e1N'<?@<?@SX; 5\N'AQ?: O:GO3C: :.=`!{5Z[:.76: 3qV=_AAl56=:
w
4R %<?=-1=N'5 56OTQ?fAV131NU: OC: 3<? : 8RL1KN'<?Q?f[5KLV=CO5 ;JTl1=CO<?;[=OC3J1KOC: S\<?: =`bO
OC_3@=56_]OOCTV1KO[OT: 3C:<>=d1A31; O<>;1Q#<?NUAQ?: N': @ O1OC<?5@X5L ~J] ~RS63J1K8<?: @ Od1=; : @ O
56@ DIOCTV1KOH1KSP1K<>@TV1=AV: 3h=OC: AUOC<?N':OCTV1KO#<?=b56@Q?fRQ?<>@]:13<>?@ ?àT:[4\: f!O5GOT:
=CO5P;TV1K=CO<>;S63J1K8<?: @ OG1K=C; : @ O!1Q?S\563C<?OTN<?=OTV1O{<>O # 6V? OCT:!O3J1 i: ; OC5\3Cf2O3C: :.=q
1S 1<?@2Al: 3CNU<>OOC<?@S/Q1.f2; 56@]=COC3_; O<>5\@#`/aT:/_]AV8V1KOC:/N918:!O59OCT:/; _]3C3C:.@POAV5\=C<?OC<?56@
R1KO[:1K;T^=OC: A)Z<>Q?QlWV:!1Q?:13@<?@Sh3J1KOC:RAV131NU: OC: 3+OC<?NU: =[1@9_@ W<1K=C: 8U: =CO<>N91O:d5L
OCT:RS\3J18]<>:.@PO!ED 55hI DI+: 761Q?_V1KOC: 891O6`
@/L1K; Oq]<>@UOCT:R8<?=; 56_@ O: 89;1=:6ql3J1OT: 3OTV1@985\<>@]S!=CO5P;TV1K=CO<>;S63J1K8<?: @ Od1=; : @ O
56@ DI.ql<>O{<?=AV5\=C=C<?WQ?:XOC5/Al: 3L563CN|=OC5 ;TV1=OC<?;XS63J1K8<?: @ OG1K=C; : @ OR8<?3C:.; OCQ?f956@2OT:
.PU761Q?_:L_@;.OC<?56@ DI `kx5\3CN^1KQ?Q>f\q<?@jtdAAl: @8<?ek Z+:9S6<?76:'1K@1KQ>S\563<>OTN
OCTV1KOq\S6<?76:.@^1RS\: @: 31OC<?7\:GNU5 8: Q L5\3%OCT]:FsG0)EGFk1@891!=: OCO<?@Sc5KL#OCT:RAV1K3J1KN': O: 3C=
q : @i5fP=OT:{L56Q?Q?5Z<?@S!A356Al: 3CO<?: =
D '; <?: @; fIaT]:1KQ?S6563<?OCTNgTl1=: e Al: ; OC:.8r3_@@<?@SXOC<?N':R/DC
D< dVII
DM{@ W<1=C:.8@: ==JIaT:[1KQ>S\563<>OTNw5\_OCA_]OC=#1@_@ W<1=C:.8G:.=COC<?N91OC:b5KLD 5 5Ii DI.
D+56_]@8: 8X[13<1@; :IlaT<?=: =CO<>N91O:-Tl1=Wl56_@8]: 8!7613<1@; :DL563lpVe : 8 # ;x q
1@]82S6<?76:.@r1/Wl56_@]8256@2OT:XS63J1K8<?: @ OYD 5 5IC DI
J]5L%OT:cAl13J1KN':h
OC:.3C<? : 89L1N'<?Q?f!<?OC=: QLiI.`
O=CT5\_Q?89WV:!;.Q>:13OCTl1OdOT:!OT3C: :; 56@8]<>O<?56@=d1KWV57\:1K3C:!:.eM1K; OCQ?fUZTV1OZ+:!@: :.82OC5
85R=CO5P;TV1K=CO<>;RS\3J18]<>:.@PO+1=C;.: @ O[8<?3: ; OCQ?fX56@/OT:d=_3L1K; :! D I `bj:@5\OC:OTV1O+OCT<?=
1Q?S65\3C<?OCT]NQ?:1K8=R_=R; Q?56=C:XOC521K@2<?@PO: 3C:.=COC<?@S)Q><?@:5L[3: =C:1K3C;TmA]_3C=_: 8jW f2R<?N/_3J1]q
z1N91NX_3J11@8BR56WV1f 1=CT]<z @G! b.q1K@8rOTV1O{56_3RA35 ; : 8_3:'<?=G1KQ?=C5'=<?N'<?Q13+<>@
=CA<?3<>ObO5!w<?Q?Q><1KN =1ur w<?Q6J`+DM: :G1KQ>=5ROCT:3: ; : @ O+AV1Al: 3+WPfz1K<>38'1@8
095 563:^ 026.CqlZT<?;TrS\<>7\: =G1S6: @]: 3J1KQ><?1KOC<?56@)5L=1Mh#` IBaT:cN91<?@'8]<: 3h
: @; :.=dWl: OZ[:.: @256_]3d1AA35P1K;JT21K@8'R<?N/_3J1: Od1KQ`b1@]8^<>Q?Q?<1N/=%13:ROCT:RL56Q?Q?5Z<>@]SV`
x<>3=COq Z[:{pV@8B1@'_]@PW]<1K=C: 89: =OC<?N^1KOC:R5LbOCT:RS\3J18]<>:.@PO<?@UpV@<?O:GO<?N':6q\ZT: 3:1={OCT: f
56@Q?f/; 5\@ 76: 3S6:!O5/=C_;Tr1K@^:.=COC<?N91OC:R1=fPNUAOC5\OC<?;1KQ>Q?f `# : ;.56@8#qlZ+:R: e AQ?<>;.<>OQ?f/WV5\_@8
*
OCT:761K3C<1@]; :5L56_3: =CO<>N91O563qKZT: 3C:1=<LZ+:d1==C_NU:56@Q?fc1WV5\_@8/56@/OT:8: 3<?761h
OC<?76:5KL DI%/
K1K=%Z+:d8<?8/1Wl576:6q\: <?OCT:.35LOCT:{A3C: 7 <?56_]=z1KQ>S\563<>OTN'=;1@U=CO<>Q?Q
TV176:R13W<?OC3J1K3C<?Q?f/Q13CS\:R7613C<1K@; :6`
|X'&9$/
j"%4-d*+b$!"
'$'&
j:2@5Z|NU576:956@oOC5kA3C: =: @ OrOT:B=C: ; 5\@8y5LX56_39OZ+5mN':.OCT5 8=L563US6: @:.3J1O<?@S
56@Q?fr1)=CN91Q?Qb@ _N/WV:.3!5LdO3J1 :.; OC5\3C<?: =/=C_M'; <?: @ OcO52: 761Q?_V1KOC:91Q?Q%OCT]:'=CO3J1KOC: S\<>:.=/<>@
1BQ13CS\:2; Q1==ùj:2;1KQ>Q{OCT<?=U=C: ; 5\@8 1A]A3C5 1;TwOCT]:mC\6\ C ~\ jN':.OCT5 8#q
1@8n5\@:218761K@PO1S\:^<?O/: @5f =/576: 3/OT:2OC31 : ;.OC563fnOC3C:.:rNU: OCT5 8k<>=UOCTV1KO/<?O/85 : =
@56O/@]: : 8wOT:UL_Q?QAV5Z+: 3/5KL1BS\: @: 31O<>7\:9N'5 8: Q+L5\3/OCT:2F%sR02ERFb`@mL1; Oq[OT:
3J1K@856N|O3J1 i: ; OC5\3Cf2NU: OCT]5P8)3C: _<?3C:.=!56@Q?f9OCT]:/56W=: 3C761KWQ?:cT<?=OC563<?: =RS6: @:.3J1O: 8jW f
OC3_Q?f'3J1K@85\NO3J1 :.; OC5\3C<?: ={L3C5\NOT:!=OJ13Od=OJ1O:6T` W: =C: O=ROC5/=CO1O: =R56OCT]: 3dOTV1@2OT:
=CO13CO=CO1OC:13:[_]@@: ; :.=C=J1K3Cf qP1K=#<?=#OT:1W<?Q?<?OfOC5d=: :+OCT:+_@8:.3CQ?f <>@]Sd=CO1O: =%1Q?56@SOT:
OC31 : ; O563fP`j:WV:.S6<?@/Z<?OCT/1d8]:pV@<?OC<?5\@/;1AO_3C<?@SOCT<?=%Z+:14\: 3bL5\3CNu5L=C<?N/_Q1O<>5\@#`
U6%bly %t g zV1 F el bP]l=
6jM\ ? # #.>
JB6\62\~ \)C~ 6C\ \w # #.>U 6 26 926n>6\>
6.\R
C\g? 6 6G #R >66/?! \>XC\6\y?~X ~C\%6~
\R6~96~69 w K>R?\ ?6 )I %>]z\66{6 6 ?c?! #
#.>d] \
JED Q % v I

ED Q w % w % v w I D Q I
D6I
6C\T .C6u' #/~ \'6~H \ !?R C\g? %6 !6~6 )
td=%Z1=bOT:d;1K=C:L563bOCT]:d8: A]OCT/5L56_]3%OC31 : ; O563f/OC3C:.: =[<?@' :.; OC<?56@']qZ+:Z<>Q?Q;T5 5\=C:
OCT:XQ?: @S\OC
T 5L56_3R3J1K@85\NvOC31 : ;.OC563<?: =cO59WV:/OTX: hT5\3C<? 5\@2OC<?N'I: `X@jOCT<?=
=C: ;.OC<?56@#qZ+:%8<?=C;._=C=b56@]Q>f{8: O: 3CNU<>@]<>=OC<?;%Al56Q?<?; fd;.Q1K=C=: =`%s{_33C: =_Q?OC=b;1@WV:%:.ePO: @8:.8
OC5X=CO5P;TV1K=CO<>;AV5\Q><?; f/;.Q1K=C=: =L5\Q?Q>5Z<?@SOCT:R=J1KN':{Q><?@:.=5LHM: ; OC<?5\@r` `
W: ;1KQ?QPOTV1O<?@cOT:[NU: OCT]5P85LVO3J1 :.; OC5\3CfXOC3C:.: =q\Z[:+_=: 8'1!D=COC356@S\: 3JIHS6: @:.3J1O<?76:
N'5 8: QbO52; 3C:1OC:21Upl@<?OC:/=C:.Oc5KLdOC3J1.: ; O563CfjO3C: :.=q[1K@8jA3576: 8kOCTV1KO!OCT<?=!=: OXSP176:
_@<L5\3CN'Q?f+S65 5 8!: =OC<?N^1KOC: =b5Ll: e AV: ;.OC: 8/3: OC_3@/Z<?OCT<?@!X`#{: 3C:+OCT:+A356Al56=J1KQ<?=#: 7\: @
=C<?N'A]Q>:.3q W_O{<?OC=G1K@V1Q?f =C<?=Z<?Q?QWV:N'563:R;JTl1Q?Q?: @S6<?@Sl%Z+:!Z<?Q?Q=C<?N'AQ?f/O146: OC3_Q?f
3J1K@856N T<?=OC563<?: =qb8:.3C<?76:L3C5\NOT: =:^T]<>=OC5\3C<?: =/1@m:.=COC<?N91OC:/5KL! D IRL563!: 7\: 3Cf
99cq 1@8/=T5ZnOCTV1KO[1R3: Q1OC<?7\: Q?fc=N^1Q?Q\761Q?_:+L5\3 1S 1<?@XfP<?: Q?8=_@<L563N'Q?fdS\5 5P8
: =CO<?N^1O: =`
W: ;1KQ?Q[OTV1OX:1;TkOC3J1.: ; O563CfkOC3: H
: 1Q?Q?5Z[:.8r_=XOC5BS6:.OY1K@j: 761Q?_V1KOC<?56@j5KLc6
8: O: 3CNU<>@]<>=OC<?;!=OC3J1KOC: S\frbq=<>@]; :'1@ f2m1KQ>Z1f =8:pV@]: =!=C5\N':!Al1OCTB<?=
@ !`!+_OR<Lz
<?=#_=COd1X=<?@S6Q?:R3J1K@856NT<?=CO563fPq T5Zo;1K@^Z+:!: 761KQ?_V1O:1K@213CW]<>O3J1K3Cf^)56'@ rq]S6<?76: @
^\ J >
>1\ kkw>i kk7>55kk>>kEZ>>>1\>.qkIk > R >Z> F q>Z1X%Zk >R>Z>.U6 . F Ih w >%> > >1\5k>7k-Z1Z>w >C k
b
OCTV1KO[UN^1fR8<?76:.3CS6:L3C5\N lUaT:G1K@=CZ+: 3+<>=OCTV1KO%Z[:;1@@5\O`b@=OC:1K8'Q?: O%_]=[8:ipV@:
OCT:{7613<1KWQ?:d1; ; DVIOC5XWV:/{<L-nJ1K; ; : AO=CUOCT:{T<?=COC5\3Cf'21K@8*956OCT]: 3CZ<?=C:\`[095\3C:
A3C:.; <?=C: Q?f q%S6<?7\: @m12T]<>=OC5\3Cfqb<LL563/1@ fjA3:pVek5LGkOCT:9=OC3J1KOC: S\fnZ+56_]Q>8kTV176:
S6: @]: 3J1KOC: 82OT:R=J1KN':G1K; OC<?5\@#q OCT:.@r1; ; DlI%ucD3C: ;1KQ?Q#OCTl1Od)<>=8]: OC: 3N'<?@<?=CO<?;I `
j:-;1@X@5Zr8]:pV@:OT:%: =OC<?N^1KOC:%5KL DIZ+:%8: 3<?76:L3C5\N 1=C: Ob5L31@85\NyOC31h
: ; O563<>:.=<` :.O#

J hWl:d1d=: O%5KLT<?=OC563<?: =bL356NyOCT]:3J1@]856NuOC3J1.: ; O563Cf
S6: @]: 3J1KOC563`Gx]563{:1;T2=OC31OC:.S6frrXqV8]:pV@: DI{1=L56Q?Q?5Z=R` : O! DÎ@w
<?@; Q?_8:!1Q?QlOCT:T<?=COC5\3C<?: =+L5\3[ZT]<>;T21;.; DlI%u6 OTP_]=q
DÎ[/
- Ug1@821;.; DlI%u1
D6I
aT: @ D I+<?=OCT:!17\: 3J1KS6:R3C: O_3C@)5L%OCT:RT<?=OC563<?: =<?@ DMcI.
D I%uDC l DÎ I 3 v DlI
DC96I

6
ZT: 3(: v DlI%<?=OT:!3C:.OC_3@25LbOC3J1.: ; O563Cf2`

aTP_]=q<?@91@V1KQ>5\S6fXZ<?OCT2 : ; O<?56@2q Z+:!@5ZwTl176:!1XN': OT5 8'5KL-S6:.@: 3J1KOC<?@S'1X=: O
5L 31@85\N 5\W=C: 3761WQ?:+T<?=CO563C<?: =

J !D1K=-5\AAl56=C:.8cO5 OC3J1.: ; O563Cf
OC3: : =JI.qV1K@8UL5631@ f/=CO3J1KOC: S\f^bqOT: 3:G<?=d1Z[:.Q>Qh8:pV@]: 89: =CO<>N91O: D I+WV1K=C: 8956@
OCT:+=C:.O#r`td=b<?@c :.; OC<?56@/qZ+:[Z<?=T!OC5R: =OJ1W]Q><?=Tc1{@56@ OC3<?7P<1KQ3C: Q1O<?56@=T<?A!WV:.OZ[: :.@
OCT:j=J1KN'AQ?:!=<>.: 1@8jOT:/8: 7 <1O<?56@=' D I D I]L563!1Q?Q[mc`/j:
1S 1<?@/WV:.S6<?@9Z<>OT9OCT:R;1K=C:!5KL#pV@<?O:GX`
@T0 ./2ND.h^fT(TH?4yD"O1.DD g6-
: OU WV:+OCT:+8<?=CO3C<?W_O<?56@!5\@!56W=: 3C761KWQ?:%T<?=CO563<>:.=H<?@8_;.: 8cW f!bOTP_]=q1U DlI#<?=
OCT:A3C5\WV1W<?Q?<?Of[OTV1OL56Q?Q?5Z<?@S%Al56Q?<?; fGL356Ny L563=OC: A=S6: @]: 3J1KOC: =%`- <?NU <>Q1K3CQ?f6q
Q?: LO URBWV:B8<?=CO3C<?W_O<?56@w5\@w56W=: 3C761KWQ?:rT]<>=OC5\3C<?: =9<?@8_; :.8W fwOT:rO3C_Q?fn3J1K@85\N
OC31 : ; O563f'S6:.@: 3J1KOC5\3`
j:G=OJ1K3CORZ<?OCTr1YL: Zy=C<?NUAQ?:dQ?: N'N91=1Wl56_OOT: =:/8<?=COC3<?W_OC<?5\@=T` : N'N91 b]`?
: =CO1WQ?<?=CT]: =!OCTl1O{L563!1K@PfpVe : 8j=CO3J1O: S6fjbqOCT: 3:/<?=c1B 6 A3C5\WV1W<?Q?<?Of9OCTV1KOGOT:
3J1K@856NOC31 : ; O563fmS6:.@: 3J1KOC5\3cZ<?Q?Q%A35P8]_; :^1T<?=COC5\3CfjOTV1O!<?=c1K; ; : A]OC: 8nW fDOCTV1KO
<?=q; 5\@=C<?=OC: @ O!Z<?OCTlIGb?` : N'N9(1 b]` : =CO1WQ?<?=CT]: =!OCTl1ORL5\3G1K@PfpVe : 8j=CO3J1O: S6fjbq#1
T<?=CO563CfS6: @:.3J1O: 89W f!OCT:{3J1K@856NuOC31 : ; O563f/S6: @:.3J1O5631@8'1K; ; : A]OC: 8UWPf/U;1@/Wl:
7 <>:.Z[: 821K=d1c095\@ OC:!13Q>5XOC3<1Q5L[b`
% gdgjgaq
6R6] 66R
R 1; ; DlI-u
DC\I
n
R %d56O:ROCTV1KOTU\DlI%uDC \1RI$/DVI.q ZT: 3C:

$/DlIbq
OD Q 6I $/D % I m
m myO/ED Q w w I6$/D w w I6O/DQ I
DC6I
aT: 3:L563:6q
R 1K; ; DVIbu $DlIC1;.; DlIb $/DlIC1K; ; DVI DC6I
[_]TO U DVI
$/DlIC1K; ; DVI.qV1K@8UL563+OCT<?=3:1=56@ , $/DVI1; ; DlI-u6`
&
% gdgjga c6R6]R>~R [6]^\! 6.!
U DVI%
U\Db 1; ; DlI% I
DC*PI
R W: ;1KQ>Q{OCTV1KLO U DlI2 $/DVI1; ; DlI'1@]q
8 U\DlI9 D \1 dI $DlI `yaT<?=
<?N'AQ?<?: =%OTV1OTUR6D21@]81K ; ; DVI+IDC \1dI6$/DlIC1K; ; DVI.`zx<?@V1KQ>Q?f q6W fH: NUN^1
b`?6qR
1K; ; DVI{|[ \1 c`R{=C<?@S9z1f\: =RL5\3CN/_Q156@:/;1@B=C: :UOCTV1KOGOT:
OZ[5XA356WV1K W<? Q><?O<>:.=z 1K3C:R<?8: @ OC<?;1KQ`
&
d: e OdZ+:!=T5ZOTV1Oql<LbZ[:Q>:.OdOCT]:!=C: Ov5L%T<?=CO563<>:.=d3C:.OC_3@: 8jW f'OT:!3J1K@85\N
OC31 : ; O563f2S6: @]: 3J1KOC563WV:X=C_ ';.<>:.@POQ?f2Q13CS\:6qlZ<?OCTBT<?S6T2A356WV1KW<?Q?<>Of q OCT]:/=C: O=c 5L
1; ;.: AOC:.8T<?=OC563<?: =213C:CQ13S6: BL5\3': 7\: 3CfogcqZT: 3C:Bv<?=91BpV@<?O:2; Q1=='5L
8: O: 3CNU<>@]<>=OC<?;d=OC31OC:.S6<?: =`
% gdgjga {H #J9 R 6 = #2>]'6\6 C ~\
6C\\% #6X?l #G7 &%!~.> 6 [j\.c] ~ 6\ )M66X>]6
6{#~J
bQ?56SD6 !6!I %>]+ # #?>!?\b>]!J\ C\\G2
DÎt 6 6%X /! 6 )
R ^x5\3Y1S6<?76: @j=OC31OC:.S6fbqbOT:9: e AV:.; OC: 8@P_]N/WV: 35LdOC31 : ;.OC563<?: ='<?@m <?=
, 1;.; DlIR 6 gW fV: NUN^1?b]`>\`XaT: 3C:iL563:'OCT]:'A356WV1KW<?Q><?Of9OCTl1O!kZ<>Q?Q
1; ;.: AOL: Z[:.3#OCTl1@ 61 OC3J1.: ; O56 3C<?: =b<?=Wl56_@8]: 8!W f w w àT:%A356WV1KW<?Q><?Of
OCTV1KO/=C5\N':2wTl1= 6 <?=/WV5\_@8: 8oW f
òaT: 3:L563:6qL563
&
bQ?56SD6 !6I+OT:RA3C5\WV1W]<>Q?<?OfX<>=d1KON'5\=COc! 6`
aT:/pV@l1Q+=COC:.Am<?@jOCT:UpV@]<>O:/ 1K@V1Q?f =C<?=!<?=!=T5Z<?@S2OTV1OX<LG <>=X=C_M'; <?: @ OCQ?f
Q13CS\:6q\OCT: @)OCT:R761Q?_:5KL DI%<?=d1S65 5 8^1A]A3C5e <?N^1KOC<?56@!O5/OCT:R: e Al: ; O: 823C:.OC_3@
5L%b`
% gdgjgka ] #! % 6. ? #c?!6\6gC ~6.d6
66% %\/? #X &c~.> J 6 dn6 X ~ C66 )R%6\6U6
>]!?6
@<A6B
D?Î m Q?5\SD6 !6I
DC
b6I

6R !2h%%?##?>X7!6
DIn

6R !2()
DI>
DC
n6I
R *{@8: 3/OT:9; 56@8]<>O<?56@<?@S9: 7\: @ OqL563/1)S6<?76: @j=OC31OC:.S6fOCT:9A356WV1KW<?Q><?Of
CO TV1KOdOT:c:.=COC<?N91OC:8: 7 <1OC:.=!W f {<?=!1O{N'56=O w @ T: 3:/Z[:/13:c_]=C<?@S'OT:
L1;.O-OTV1ObOT:T<?=CO563C<?: =b<?@/ D?Î%1K3C:+8<?=CO3C<?W_O: 8'1; ;.563C8]<>@]SGO5hU D6m I[DEw : #NUy@N^1R b]`\ I `
aT:/A356WV1KW<?Q><?OfUOCTV1KO!=C5\N':/j8: 7 <1O: =XWPfR<?=!OCT _=!Wl56_]@8: 8jW fr
`
&
j:d;1K@^@]5Z=OJ1O:c1@]8'A3576:R56_3N91<?@/OCT]: 563: NgL563OCT]:!;1=:R5LbpV@<?OC:RX`
` ub V ga
P
l #c %6 ] \ C ? #/>]c6\6C ~\
6C\\% #6X?l #G7 &%!~.> 6 [j\.c] ~ 6\ )M66X>]6
@<A6B I Q?5\SVD\ !6I
DC
6I
D
%? # #?>X6> %7 W!2%R6
DI DI
DC6I
>
c\?\6 >7 6!KV)Î )
R -+fR56_3b;T56<?; :+5L q : N'N91 b]` S6_V1K3J1K@PO: : =bOCTl1ObZ<?OCT!A356WV1KW<?Q?<>OfXD 8! \q
L563{:1;Tjkj Z+:XTV176:XOCTV1KO' DÎ
f : NUNÎ1 b` */OCT]<>=R<?N'A]Q><?: =OTV1Oq
`!+V
Z<?OCT'A]3C56Wl1W<?Q?<?Of^7 ! 6]q Z[:RTV17\:' DI k DI
> +L5631Q?Q#)^X`
&
LdZ[:U; 56NUAV13:'aT: 5\3C:
N b^` b9OC5BaT: 5\3C: N `?2DOT:9_@<L5\3CNv;.56@ 76: 3S6: @]; :23C:ih
=C_Q?O{L5\3GO3J1 i: ; OC5\3CfBOC3: : =!<?@BOCT:XpV@]<>O:c;1K=C:I.qbZ[:X=C:.:'OCTl1OROCT:XOC5\OJ1KQ[1NU56_@ O5L
: e AV:.3C<?: @; :/OTV1ORN/_=OWV:/S\: @: 31O: 8j<?@2OCT:/F%sR02ERF<>={ _<?OC:X=C<?N'<?Q13àT:XN^1<?@
8<:.3C: @;.: =!13C:X<?@9T5ZOTV1O{: e AV:.3C<?: @; :.8j<>=X66\k jU} <?@956@:!;1=C:X<?@ OC5/OC31 : ;ih
OC5\3Cf/OC3: : =q#1@8U<?@ÔT:R; _33C: @ OR;1=:c|1 o1OQ?<?=CO+5L%3J1K@85\NgT<?=CO563C<?: =+} 1@89<?@'T]5Z
<?O<>=R6C\ql<?@ÔT:X; _3C3: @ OR;1=:!L356N|1/N/_;TUZ[:1K46: 3R=<>N/_]Q1KOC<?76:NU5 8: Q#OTV1@
<?=[3: _<?3C: 82O5/W_<?Q?8'O3J1 :.; OC5\3Cf9OC3: : =`
(' @T0 R.De2ND.hVfTT6)+4yDWO1.DD?qg6
j:c@]5Z NU576:!5\@jOC52=46: O;TmOCT]:/8: 3C<?761KOC<?56@B5Ld5\_3!3C:.=C_Q?OC=L5\3G<?@ pl@<?OC:/; Q1==C: =X5L
=CO3J1O: S6<?: =q=OC<?Q?QQ><?NU<>O<?@Sd5\_3d1OOC: @ OC<?5\@Ô5/OCT:R;1K=C:!ZT]: 3C:c1KQ?QV=OC3J1KOC: S\<?: =G1K3C:R8: O: 3h
N'<?@<?=CO<?;+L563+=C<?N'A]Q><?; <?Of `
: ObnWV:d1K@!<?@ pV@<?O:[; Q1K=C=b5L8: O: 3CNU<>@]<>=OC<?;%=OC3J1KOC: S\<?: =%<?@c1{OZ[5Kh1K; OC<?5\@cF%sR02ERFb`
: O{_=!1==C5 ; <1O:!Z<?OCT2uOCT:X; Q1==I
1; ; DlIdr c5KL[W<?@V13fUL_@; O<?56@=
N^1KAA<?@S+56W=: 3C761KWQ?:[T<?=OC563<?: =[X5LlQ>:.@ S6OTc: e1K; OC Q?(f OI5 91 `j:bpV3=CO%Wl56_]@8cOT:
dn8<?N':.@=C<?56@X5LeI <?@'O: 3CNU=%5LbOCT:Rdn8<?NU: @=C<?5\@c5KL-DZT<?;T'<?=+Z[: Q?Qh8:pV@:.8#q
=C<?@; :R:1K;Tr92oN^1KA=[T]<>=OC5\3C<?: =5L[1K@Pf/Q?: @]S6OCT9OH5 % I `

%gdgjga #k6w~.> j6 X ~ C\\ o%1C\~6

MPi<JHKTM7[\/?dRDRIh#X>]gn6X 6B+()?]
dRDu I%o/DdRDGI Q?56SlD2II
DC6I
R
:.O/ WV:r1K@ fm=C:.O'5L!5\W=C: 3761WQ?:9T<?=CO563<>:.='5LRQ?: @S6OTqj`n{56OC:)OCTV1KO/<L
J mgTl176:X<>8]: @ OC<?;1QWV: Tl17P<?5\3G5\@1KQ?Q-A]3C:pVe : =X5LT<?=CO563<>:.=G<?@) }OCTV1KOR<>=q
D Ic D IRL563c1KQ>Qo-1@]81Q?QR>> }OT: @kZ[:9N/_=O!TV176:
1; ; DlI!g1K; ; DlI{L563!1KQ>Q+k9`'aT _=q#:1;Tj8<:.3C: @ OXQ1KWV:.Q><?@S95KL[W frOT:
; Q1= =eI S6<?7\: =-1 8<: 3: @ ObQ1KWV:.Q><?@SW fRm5KL3 OCT:+=C: Ob5KL]1KQ?Q6A3:pVe : =%5KLPr`L4I = TV 1O h
OC: 3= 5RQ?: @S\OCT h T<?=CO563<>:.=q\Z[:+N/_=CObTV17\:z >V5c D 52I?>yD 5XKddDGICI q
ZT: 3:*5 3 D I<?=!OCT]:'8<?;T56O56N/f\h; 56_@ O<>@]SXL_@; O<?56@j5L_@<L5\3CN; 56@ 76:.3CS6:.@; :9OCT:ih
563f2 +1AV\.àT:!Q?: NUN^1zL56Q?Q?5Z=%L3C56N =C56NU:G1KQ>S\: W31<?;dN91@<?A_Q1KOC<?56@=`
&
aT:RL5\Q>Q?5Z<?@S!Q?: NUN^1{=CO1O: =ROCTV1KO+L563:1K;T2=CO3J1O: S6f)<>@9XqZ+:!TV176:RN91@ f/OC31h
: ; O563<>:.=OCTV1KO<>Od1K; ; : A]OC=`
% gdgjgaMq
H #J9 R 6 = #2>]'6\6 C ~\
6C\\% '6k?R #j6n~.> J 6 r\.c] ~ 66 ) MC\6n>]6
6
y/D Q?56SDdRDRI !6I %I >]C #J #>/>]6+>]c\ C\\!22/
#~J2 DÎt> \1 \[X /! 6D )
: O/_=/3: 7 <?: Z 1)W<?Of
` :.N'N^'1 b`?U=CT5Z=/OTV1OXOCT:9: e Al: ; O: 8wL3J1;.OC<?56@k5LGOT:
U'=J1O<?=Lf <?@Sc1K; ; DVI%u<?=%: e1K; OCQ?f2 \1 Xq6ZT<?Q?T: :.N'N^41 b^` nR: =OJ1KWQ?<>=T: =OTV1O
OCT:Rd8<?N': @]=C<?56@/5KLHOT:R7613<1KWQ?: =d1;.; DlI+<?=WV5\_@8:.8#`[x]3C5\NgOCT<?=Z+:RA3C57\: 89<>@
: NUN^h
1 b]^` /OCTl1O{L563{=C_ ';.<>:.@POQ?f2Q13CS\:!=J1KN'AQ?:!=<? : q#1Q?QbOCT]:c=: OC=c DlIdZ<?Q?Q#Wl:
Q13CS\:6`{5Z[: 7\: 3qOT<?=#<?=@56O _<?OC:b: @5\_S6TR} N': 3: Q?fdTV17 <?@S+Q13CS\:%=J1KN'A Q?: =l5LV095\@ OC:
13Q>5RO3C<1Q?=b5L:1;T9rDZT<?;T/WP?f :.N'N^R1 b]` d<?=b: e1;.OCQ?fcZTl1O%OT:G DÎ%13:I85 : =
@56O: @=_3C:+OCTV1KO#OT:z17\: 3J1KS6:%3: OC_]3C@X576: 3b:1K;JTX D?ÎZ<?Q?Q6Wl:%@:1K3[ DI.`#@56OCT]: 3
Z[5\3C8=q=C<?@;.:OCT:3:18:.3%;1@/3:18]<>Q?fR76:.3C<Lf!OTV1O+ DIb-] G1K; ; DV6I v DlICq
1@89OTV1O DI+gDC
DI , 1K; ; DV6I v DlIcDZT: 3: DÎ I ql<?Od<?={@56O
_@<L5\3CN ;.56@ 76: 3S6: @]; :!5L#OT:R7613<1KWQ?: =[1K; ; DVIZ[:R13:d; 5\@; : 3@: 82Z<?OCTU=C5XN/_;T'1=
_@<L5\3CNg; 5\@ 76: 3S6: @;.:/5L[OT:!7613<1WQ?: =R1; ; DlI v DlI `Rx]563OCT]<>={Z[:X3C:.P_]<>3:cS\: @: 31Qh
<?1O<>5\@=R5Lddu8<?N':.@=C<?56@B=C_];JTn1=X; 56N/W]<>@l1OC5\3C<1Q8<?N': @]=C<?56@n G1_l6.Cq#=<?@; :'OT:
1; ; DlI v DVI1K3C:R@5Zo3C:1KQh761Q?_:.8'3J1KOCT:.3dOCTl1@'W]<>@l13CfU7613<1KWQ?: =`
x5\3%OCT<?=3:1=56@'Z+:R@: : 89O5!: e OC: @]82OCT:L1NU<?Q>f= O5 q6W f/8:pl@<?@S8 DlI-
DlIv DlI `baT]:[<?N'Al563OJ1K@POAV5\<?@POb<?=bOCTV1KO<v DlIb<?=#pleP:.8c W f!OT :N'5 8: Qq1@]8cOT: 3C:iL563:
<?@8: Al: @8:.@PO+L3C56Ngb`%x]563+OCT:{L_]@; OC<?5\@/; Q1=C= <?O[<?=+:1=f'O5c=T5ZwOCTl1O+; 56N/W<?@V1 h
OC5\3C<1Q8]<>NU: @=<>5\@!<?=%: _V1KQVO5!OCT:{dk8<?N': @=<?56@X5L `b <?@; :{Z[:Wl56_]@8: 8UOCT:{d
8<?N': @]=C<?56@/5KL W f^/ED 5%Q?5\}S )I%Z+:!<?N'N/: 8]<1KOC: Q?f!Tl176:G1XWl56_]@8UL563+OCT:; 56N/W<?@V1 h
OC5\3C<1Q8]<>NU: @=<>5\@c5KLe `%R<?7\: @/OCTV1KO6 TV1K=[1!Wl56_]@8: 8U; 56N/W<?@V1KOC5\3C<1Q 8<?N':.@=C<?56@q
Z[:;1@28]: 8_; :/OTV1O{OCT:X: =OC<?N^1KOC: =+L5\3G1KQ>Q ; 56@ 76:.3CS6:X_@<L5\3CNUQ>f `%aT]:RL56Q?Q?5Z<?@S
Q?: N'N91+L5\3CN^1KQ?<>.: =%OCT]<>=`

%gdgjga)>]6
5

D96I
D DQ?5\Sd I% Q?5\Sz
!6I.

%d]6/>]6D \! R29h +%?C ##?>X6> %7!
D I m D I
>
D]I
#Ch % %61 @<A6B \ B~J\ \E )C # #?>' \c?U66y
>]!C\6\|C ~\ XV)
d5ZwZ+:R;1@2=OJ1KOC:ROCT:N^1<?@/3: =C_Q?O5KL-OCT]<>==: ; O<>5\@#`
`Pub V ga
#r\r~.> 6 96 X ~ C\\ nm%1C\~6
MPi<JHKTMo
[6U?

D L# 6 C\?/6\6|CC.J~
\ R6C66 6 )@b
1 X @}A6B DdRDGIMQ>5\SVDE2I DE^%jQ?56SlD @<AB ICI%jQ?5\SVDC

!6IICI( D\6I

>])%?C # #?>X6> %7 !2%d]6
DI DIt
>
D\6I
c\?\6 >7 6!KV)Î )
R [+Lf :.N'N^P1 b]` nOCT]:!dh8]<>NU: @=<>5\@/5L Nq 5\q<?=Wl56_@]8: 89W f^/ED 5%Q?56<S 2I.`
td={Z[:!:.ePA]Q1K<?@: 8#qlOCT]:!; 56N/W]<>@l1OC5\3C<1Ql8<?N':.@=C<?56@U 5L6 <?=G1Q?=X5 56`+f : N'N9(1 b]^`
L563:1;T2Al56Q?<?; f^BB Z+:c1;.; : AO!1OQ?:1K=CO 6 OC31 : ;.OC563<?: =`RR<?76: @21=J1NUAQ?:
5L OC3J1.: ; O563C<?: =qlOCT:ROCT]: 563: NL56Q?Q?5Z=bL356N : N'N9h1 b` ]`
&
|l\"%R'*d
c6
E k}7}wXIPC7w>-}~ktk}w}wk~.{ }k<~wk
. <wk>C6k{Cw .
~wF}w<k b}w}I}> >qy6 b| Cw^>C
I} }PqI~w<}i{}}~w}i~wI{}Z<<>~<<k~i
~w}w<<}wwbL.ct <I}w7 L {
N q}w}w d5C>}w1|FL>}>}{}<~w}-}C}5}
zz ~w}}{ q}w<{{7 1>wk%w>>>Rbkww1 Fw
I2<<}wC <C}}I<F}<C~}2Ck-}~}w}
}w < C
{ - 1 >Cw
E{%w>>>Ibk 1F>AI}w
9
-h
C- } UW7}wk .<kw<} L 7}w1~kk{}

k}w{}wk~w~kI}CCw} w%Iwk>L>>`k>}iCF7E:>]X>>}5>{
c }<wLC<{i7{kC<}< iI<k .C}<
F>kCk PC{CL>L> >}>LC <E>L% w{}w~k7>8 >~w}w <|.<}ww7 =.w C><w11 5y kC
/ -C} }6C 5P<
.CkL~w<}w} {~wk
F>>C~}E>%<k<C~wk>}w8
L- |.w= Cb k^>>1 w7y k C >Ck C>>{
* {2 I{C k 5}~}w}}w<d
<<C>~C<>k~i>C 7E~>% wkCZ->I <~w>6 {C<C}7 F}w>.C1F CdIb}w k >1 { yw6k>CRzk
X FL~w5}w<<}L t CqE{I<}CL5I~w<}db-L-
CkCk>C7}w8F} |.}6<<C<}w#^> b 1k{> 1 6y
k C z>k E>% wL>
]~<d
}w<wt wC{ C<<Z5C>}w <{ b% w> F>C1 i
2h 6{F >>Uy EkCC>C!

5wm>" b]XI E>
<CI}w
|Z C$
~wC}~w k#{.<|P}>{w ~w}w}}P}w<<<{k{<kR~w6>6CIC7}Fk>C1] <kCNwd
j
j ooBR'&9,wp
@'OT<?==C: ; O<?56@#q]Z[:!A]3C57 <?8:dOT:!A35P5KL-5KLHaT]: 563: N ]` 'D<>@MpV@<?OC:R8: O: 3CNU<?@<?=COC<?;{GI `
j:^1==C_NU:9OCT:93C:18: 3U<?=XL1NU<>Q?<13RZ<?OCTnOCT:98:ipV@<?OC<?56@n5KLGd 8<?N': @=<?56@j5L
=C: O=/5LdW<?@V1K3CfBL_]@; OC<?5\@=`jaT]: 3C:213:9=C: 7\: 3J1KQZz1f =XOC5BS6: @:.3J1Q?<? :9OCT]<>=XOC5B=C:.OC=/5L
3C:1KQh761KQ>_]: 8UL_@; O<?56@=q#1@8BZ+:c@5Zy<?@ OC35 8_; :X56@:X5L+OCT: NBqlS6<?76: @)<>@n [1Al6i`RL

)Q Y[ : %/ %{y !<?=d1X=C: OR5L%3:1Qh761Q?_: 8UL_@]; OC<?56@]=WV5\_@8: 8)WP
f %/ql8:ipV@:
d_ D?ÎXO5jWV:9OT:jD; 5\@P7\: @ OC<?56@lIXd8<?N': @]=C<?56@j5KLGOCT]:2=C: O/5KLGW<?@V1K3CfL_@; O<?56@=
&]D v
m I+P)2r% vxD %' %!!I PqlZT: 3(
: &]D vKJlI%!<L[Dl*I ) v +q &D% vJlI%Z9
56OT: 3CZ<?=:6`baTV1O<>=q6Z+:dO14\:+rq <>@ O3C5 8_; :R1Q?QAl56==C<?WQ?:dOT3C: =T56Q?8=+OC5S6: O+<?@8<?;1O563
L_@;.OC<?56@=q#1@]89pV@V1KQ>Q?f9OJ1K46:XOCT:/;.56@ 76: @ O<>5\@V1Qbdo8<?NU: @=C<?5\@25L[OT:/3C:.=C_Q?OC<?@S9=: O
5Lb<>@]8<?;1O563C=`
x5\3d1pVe : 898: OC:.3CN'<?@<?=OC<?;Ry =COC31O: yS6 f2bqZ+:!TV17\:!1XN^1A ; Db
m IHL356NOC3J1.: ; O563Cf
OC3: : =!O5'3C:1Qb@ _N/WV:.3C=c: R . C`{aT _=qlN^1f/Wl:c7 <?: Z+: 8j1=G1U=: OR5L[3:1Qh
761Q?_: 8)L_@]; OC<?56@]=!Z<?OCTBOC3C:.: ='1=!<?O=!856N91<?@#q1@]8r=52<?O!N^1K46: =R=C:.@=C:UOC5r1K=C4BZTV1O
d _ DRIb<?=`DaT<?=%<?=d6]OC5!Wl:d;.56@ L_]=C: 8UZ<>OT/OCT:R1Q?OC:.3C@V1KOC<?76:+7 <>:.Z5KL#1=+1R=C: O+5L
W<?@V13f{L_@; O<?56@=bN^1KAA<?@S+L356NyT<?=OC563<?: =%OC5!1K; OC<?56@]=` IRj:+OCT: @/Tl176:+OCT:L56Q?Q?5Z<?@S
Q?: N'N91 `

%gdgj!, aq\#J 6%6 X ~ C\\ .6%R%1C\~64MPi<JLK4M7

%?Vo6X 69dRDRI/#]B%9 Xci C\|# #.>!]
\ k6~6 ) ]#w@<AB Jj
X9X .C6 >] 6~r69
6? C ~6.! UkR . @}A6B yH? 6c 6 #J\ 6H#
dc_PDGI%nD 9dRDGICI
D *PI
R | : hO 5'udRDRI `!x]3C56Nv]1_: 3 |= : N'N91'D=C: :2 [1KAV6.I.qV;1K@r3:1Q?<? :/1O
N'5\=CO[D#. -5 I 3 8<: 3C:.@PO1;.OC<?56@XQ1Wl: Q?<>@]S6=#5\@Y1K@ f!=C: O+ 5/L -X 56W=: 3C761KWQ?:[T<?=OC563<?: =`b{5Z
56@ O3J1 i: ; OC5\3Cf2O3C: :.=qOT: 3C:/13:c1O{N'5\=C0O -' 8]<: 3: @ OG5\W=C:.3C761W]Q>:T<?=h
OC5\3C<?: =dD56@:L563:1;T/@5 8:I.`% 5R<LZ+:7 <>:.Zm3:1K;JT'91K=-=: Q?: ; O<>@]SY3 1{AV1KOCTXOCT356_S\T/:1;T
OC3: :6qOCT: @j;1K@j3C:1KQ?<>.:Y1KO!N'5\=COcD#. -5 I |D 5 I 8]<: 3: @ Oc=: Q?: ; OC<?5\@=
DZT:.3C:d:1;Tm=C: Q?: ; O<?56@X<?=[1!=: O+5L AV1OT=[O14\: @/W f'1R=CO3J1O: S6f'bq 5\@:Al: 3OC3: :I `
0956; 3: 576:.3qlOCT<?=R=C:.OG5KL[OC3: : =!Tl1=G1UO56OJ1KQ#5KL Al1OCT]=dL3C56N3C5 5\OC=ROC5UQ>:176: =q#1@8
=C5 Db6 dI{;1@BOJ1K46:X56@j1O!NU56=CO 761KQ?_: ={L563!mg1@
8 <?@B56_3R=C:.Oc5KL
OC3: : =àT _=q]Z[:R@: :.82; 56@]=C<?8: 3{56@Q?f y=C: OOC<?@S\=d5LbOCT:OCT3: =CT5\Q?8Âl13J1KN': O: T3 v `
09_Q?OC<?AQ?f <?@SOCT:+ _V1@ O<>O<?: =bOC56S\: OCT]: 3q\Z[:+=C:.:OCT: 3:L5\3C:dOTV1OOCT:=: O%5KLV<?@8<?;1O563
L_@;.OC<?56@y={ _=C:.8jx OC5'8]:pV@:/dc_6DGIXDZT]: 3C:/<?=R@5Zy7 <>:.Z[: 8j1=! 1N^ 1AUL3 356N|O3C: : =
OC5': R . Ib;1K@#q65\@ O3C: :.=q3:1Q?<? :d1KO[NU56=CO 1 cD# 5 I 8<: 3: @ O
Q1Wl: Q?<>@]S6=`X{5Z <?@r5\3C8:.3!L5\3RvD7 <?: Z+: 81) 1'=: OX5L3C:1KQbL_@;.OC<?56@=IROC59=TV1OOC: 3
OC3: : =ql<?O+N/_=CO+WV:!1KWQ?:GO5/3C:1KQ?<>.:1KOQ?:1=Od 8<: 3C: @ O{Q1KWV:.Q><?@S\=q\=C5/OTV1O
3
D b6I
D# 5 I )
N/_=COT]56Q?8#`!tQ?<?OCOQ>:X1Q?S6: W]3J1U=CT5Z=ROT<?=G<?NUAQ?<>:.= gkyD 9ddDGIIqA3C57 <?@S'OT:
Q?: N'N91 `
&
j:@5Zw=CO1O:G5\@:dNU563:3C: =_Q?O[8_]:GO5c+1A@<?4' [1KAV6.Cq\Z<?OCT'ZT]<>;T/Z+:RZ<>Q?QWl:
3C:1K8fXOC5RA3C57\:56_3bOT: 563: Nr` :.O%gWl:d1d=: O+5LWV5\_@8: 8/3:1Qh761Q?_: 8L_@]; OC<?56@]=[9
Qn[Y k %/ %{#Wl56_@]8: 82W 1f %/ql1@89Q?: RO 5cnd _ D?Î.<` : PO UgWl:R=C5\N':d8]<>=OC3<>W]_OC<?56@
576: 3cQjqV1K@8'Q?: Od

J Wl: <?<?8/=J1KN'AQ?: =+83J1Z@91; ;.563C8]<>@]S/OC?5 U9`%aT: @9Z<?OCT
A3C5\WV1W]<>Q?<?Of97 g!q
34 5Q?56S 3 %jQ?56S 7

=C_]A 2 DlID
#D I >w %65
D n6I
"
89

T56Q?8=RDZT]: 3C:!OT:!31@85\N'<?1KOC<?56@X<?=576: 3OT:R83J1Zo5L%OCT]: =I `

j:G13:!@5Zw3:18]f'OC5/A]3C576:ROT:!OCT]: 563: Nr`
R cP` ub l g {a cdaT: 3:Y1K3C:!OZ+5/=C5\_3C;.: =!<?@9OCT:!:.3C3C5\3R<>@95\_3d: =OC<?N^1KOC:R5L
D I 3C3C5\3{L3C5\NO3C_@;1OC<?@S91OR8: A]OCd
T jqV1K@8r:.3C3C5\3{L3C5\NOT:c31@8]56N'@]: =C={<>@
OCT:X=J1KN'AQ?<?@SX5LOC31 : ; O563f2OC3: : ='` : OX D I{Wl:cOT:c:.ePAl: ; O; :
8 h=OC: AB=C_]Nv5L
8<?=C; 5\_@ OC: 8)3C: <?@ L5\3C; :.N': @ OC=+L563G)=CO13OC<?@S'1OR `[+Q?:1K3CQ?f q1*] :d Db dIu } D I
T56Q?8=L56321KQ>QRb`x]3C5\N 56_39;T56<?; :B5?L q{<>O91Q?=C5nT5\Q?8='W fw; 5\@=CO3C_;.OC<?56@yOTV1O
6
DI m DI
> \RL5631Q?Qb`%x<?@V1KQ>Q?f qZ+:1KAAQ?f _V1O<>5\@rDn6IZ<?OCT2/
WV:.<<>@] S2OCTy:U OC31 : ; O563fmOC3: : =;q% D7P<?: Z+: 8m1K=Y19=: O/5Ld3:1Qh761Q?_: 8BL; _@; O<>5\@=JI.q
%yy
q'obqVDlI% DbdI.qD5!d _ DGI1@]8 ] #DVI ] : DbdI]
DI qV1K@8/pl@89OCTV1KOZ<>OT9A3C5\WV1W<?Q?<?Of^7!q
34
D 6I
D I ; Db I > 7y 5 5Q>5\S 3 %kQ>5\S 7 89
"
T56Q?8=)=C<?N/_Q?OJ1K@: 56_]=CQ?fkL563r1KQ?QcX` _W=OC<?OC_]OC<?@q
S 5 /ED ?dRDGICI^L3C5\N
: NUN^1{tc`?\q6Z+:!OCT]: 3C:L563C:=C: :!OTV1OZ<?OT1;T56<?; :5L
7y I ED ?d{DRIe%kQ?56SDC
!6II(f
D\6I
"dJD
Z[:)TV176:2OTV1OUZ<?OCTwA356WV1K W<?Q?<>; Ofoh -!q<?O'T5\Q?8='=<>N/_]Q>O1@:.56_=Q>fBL563^1KQ?QGg
OCTV1KO D7I D DI , Db6 Ic; > %6]`jwT: @kOCT<?=/<?=XOC3C_]:6q+OCT:9OC3<1@S\Q>:
<?@: _V1Q?<?Of S6<?7\; : =[ DI XDC DI , " Db6 I> DI ! DIU%' DI
DC
I , Db6 I> %6=
% %\G/
=C<?N/_Q?OJ1K@: 56_]=CQ?f{L563[1KQ?Qbq\ZT<?;T/A3C57\: =[OT:
OCT:.563C:.Nr` "
&
;
j ooBR'&9,wp
@mOT<?=/tdAAl: @8<?eq%Z+:9S6<?76:UOCT:98:.OJ1<?Q?=X5LG5\_3/S6318<?: @ OX8: =; : @ O^1KQ>S\563<>OTN'=R8:ih
=C; 3<?WV: 8n<?@m : ;.OC<?56f
@ *V`Bt{AAV:.@8<?ejG`?US6<?76:.=!OCT:UpV3=CO'1KQ>S\563<>OTNrqZT<?;JTBpl@8='1@
_@ W<1=: 89: =CO<>N91O:G5KLdD 55hI ; D dIL563d1XS6<?7\: @9OC3J1.: ; O563Cf)OC3C:.(: !ql1@89N^1f/Wl:
_=C:.8/Z<>OT/=CO5P;TV1K=CO<>;{S6318<?: @ O%1=; : @ O[O5!56A]OC<?N'<? :+OCT::.N'A<?3C<?;1KQ 3C: O_3C@U56@'1{=C: O+5L
OC3: : =`Rt{AAl: @8<?e2R` /S6<?7\: =dOT:c=: ; 5\@81KQ?S6563<?OCTNBq ZT<?;JTpV@8=!1@)_@ W<1=C:.82: =CO<h
N^1KOC:+5L%D 55hI DI[1K@8/ZT<?;T/N^1fRWl:dOCT]: 3C:L563C:RWl:_=C:.8Ô5!8<?3C:.; OCQ?fX56AO<>NU<? :
OCT:X761Q?_:<>O=C: QL5L[5\_3R=CO3J1O: S6f<?OdOCT]: @j; Q?56=: =!Z<?OCT28]<>=; _==C<?56@=5L[=56N':3C: Q1O: 8
1Q?S65\3C<?OCT]N'<;<?==C_: =`
aT3C5\_S6T5\_O+OCT<?=+tdAAl: @8<?eq Z+:G1==C_NU:do<?=z1X1! gjV
uCF2b gjP \
CDgjECFu1r.#
ubV.n eV/AV1K3J1NU: OC:.3C<? 3 : 8wW f 3 q[W fnZT<?;TwZ+:2N':1K@
12=: O'5KL!=COC5 ;TV1K=COC<?;2=OC31OC:.S6<?: =9
4%kZ q%=C_];JTOCTV1KOXL563'1K@Pfn1; O<?56
@
1@8!1K@PfpVe : 8!5\W=C: 3761WQ?:%T]<>=OC5\3Cf!'oD Q % v I

ED Q w % w % v w I.ED Q IC.q
R DVI
%<?=d;.56@ OC<?@ _56_]=CQ?f'8<: 3C:.@PO<1WQ?:X<>@W `dab5'=<?N'AQ?<LfXOCT:X@56O1O<>5\@#qZ+:
1Q?=C5{_=C:XD DVII O5!8: @5\OC:dR DlI%q
C61{; 56@ 76:.@<?: @ O%Zz1fOC5!OT<?@4c1Wl56_]O%<?O-<?=
1=% N^1A]A<?@SpV@]<>O:[T]<>=OC5\3C<?: =%O<5 -\h8<?N': @ =<?56@V1KQ676:.; OC5\3C=dD<>@/OT: -72h8<?N':.@=C<?56@l1Q
=C<?N'A]Q>:.eMI.q#ZT]: 3C:2OTV
: OCTn: Q?: NU: @ Oc5KLGOCT]:^5\_OCA]_O/<?=/OCT:9A356WV1KW<?Q><?OfB5LR;JT]5P5\=C<?@S
1; O<?56L@ `btd={N': @ OC<?5\@: 8#q\Z[:X1Q?=C5/3 1==C_NU:1Wl56_@895\@ÔT:!S\3J18]<>:.@POZ<?OT'3C:.=CAl: ; O
OC5D} OCTV1KOL5\3d1Q?Q-21K@8r1KQ>Q q% 3 D DVII =
> %uL5\3=C56NU:R; 56@=OJ1K@PO %/`dx<?@V1Q?Q?f q
OC523: 8_;.:2@56O1O<>5\@V1Q; Q?_OCO: 3qZ[:UZ<>Q?QL3C:.P_]: @ OCQ?fj3 83C5\AmO; T:m ? > 2_=: 8n8: @5\OC:
: 761Q?_V1KOC<?56@'1KOOCT:; _3C3: @ O/D?L563: e1NUAQ?:6q 1=<?@ 3 @ > D 6 dICI+ZT]: @9OCT: 3:c<?=
@5X3C<?=C4U5L-;.56@ L_]=C<?56@#`
6
x_@]; OC<?56@]d.E gjt` + A'V DX 6 lI

@A_O% OC31OC:.S6f';.Q1K=C={cq AV1K3J1NU: OC:.3=C: OOC<?@SD q]OC3J1.: 3 ; O563Cf9; O3C: :h!q 8]<>=; 56_]@POR`
sd_]OCA_O%ty7\: ; OC5\3OCTV1KO<?=d1@9_@ W<1=: 89: =CO<>N91O:d5L 3 > D4K dI.`
6R` W{1@85\N'Q?f!;T5 56=:!1X8: AOV
T 5X
9

Pq Z<?OCT2R ^ 5!B
-\D Cf `
`F: 3L563N1U3J1K@856NZz1KQ?4^5\@rOT:/OC3: ?: =CO13CO<?@SUL3C5\N|OCT:/35P5\O!Z<?OCTj1; O<?56@=R;T56=: @
W f^ @ > DOCTV1KOd<?=q]ZT: 3C:XOCT]:c1; O<?56@21O:1K;T2@5 8:!<?=d8]: OC: 3N'<?@: 89W f2 ? > 1AAQ?<?: 89OC5/OT:
T<?=OC563f'5KL[OCT:AV1OT2OC5/OTV1O{@5 8:I ql85Z@)OC5/8: A]OCd
T 5/56@)OCT:!O3C: :\` : OG3X8: @5\OC:!OT:
@5 8:RZ+:!13C3<?76:!1Oq1@82 3 OCT:T<?=COC5\3Cf/Q?:1K8<?@ScO5' 3 `
`x]563%:1;T^1K; OC<?56X@ YV
1D

C% Pq\=COJ1K3COL3C5\NOCT:{@5 8:G3 q6:.eP:.; _OC:!1K; OC<?56X@ 9DN':1K@<?@S
S\5Ô59OCT:'1K; OC<?56@Mxh 9;T<?Q?8VI.q#1@8BOCT]: @m1S 1<?@9L5\Q>Q?5Z > 85Z@BOCT:/O3C: :U_@ OC<?QbZ[:/3:1;T
1Q>:1LJ` : V
O vEBWV:jOT:r=_N 5KLc8<?=C;.56_@ OC:.83: <?@ L563; : NU: @ OC=23: ; : <?76:.8y: e : ; _O<>@]SOT:
O3J1 :.; OC5\3CfBL356N 33 85Z@jOC5)OCT:UQ>:1LOJ14 <?@S21;.OC<?56
@ B1Oc 3 qZT: 3C:9OT:/8<?=C; 5\_@ OC<?@S
=OJ13OC=c1KO/6q@5\PO qlL5\3GOT:/=C:.P_]: @; :6`BDaT _=q#OT:/3C:.<>@ML563; : N':.@PO{L5\3ROJ14 <?@HS 21O! 3
<?=+_@8<?=C;.56_@ OC:.8#qOT:R@: e O3C: <?@ L563C;.: N': @ w O+3 <?w = 8<?=C; 5\_@ OC: 89W ?f 21@89=C5X56@q Z<>OT'OT:RQ1K=CO
=OC: Ae =3: <?@ L563; : NU: @ O8<?=C; 5\_@ OC: 82W 'f D
Ì
*V`s{_OA_O
VD v E 5 D D3ICI
7
D\6I
7V " 5h @>

DZT: 3C:X1=Wl:L563:6q#D D3ICI 8: @5\OC: =RRP D3Ibq
I `
q}wk{}w~w} 5 <25J{ <kC:5{66>{I<}wd}<k<}k}>}5GF IH]].k

LLh@TIN
M
j:d@5Z8: =C;.3C<?WV:56_31Q?S65\3C<?OCT]N OTV1Oq S6<?76:.@^1=CN'5 5\OCTQ?fXAV131N':.OC: 3<>.: 8UL1NU<>Q?fR5L
=CO5P;TV1K=CO<>;{=CO3J1O: S6<?: =1@]8'1{pVe : 8/=C:.OCOC<?@SX5LOCT]:dAV1K3J1NU: OC :.3C=6; qKpV@8]=z1K@/_@ W<1=C:.8#q
WV5\_@8:.8 h761K3C<1@]; :[:.=COC<?N91OC:+5LOCT]:S63J1K8<?: @ O%5L%DC
I , " D\ IbZ<?OCTX3C:.=CAl: ; O
OC5 q]: 761Q?_V1KOC: 891O `bx5\3z1pVe : 8'O3J1 i: ; OC5\3CfUOC3C:.h: !qx<>S\_3C:R!S\<?76: =[1K@^1KQ>S\563<>OTN
L563b5\WOJ1K<>@]<>@]SG1@X_@ W<1=: 8/: =OC<?N^1KOC:+5LOCT:S\3J18]<>:.@POb5KL ; D6 dI àT:: =OC<?N^1KOC:L563
OCT:RS\3J18]<>:.@PO+L563 OC3: : ={<>=OT: @9:1K=C<?Q?f'56W]OJ1<?@:.8'W f^17\: 3J1KS6<?@SX576: 3d1KQ>Q O3C: :.=`
j:%Z<?Q>Q\=CT5\3COQ>fS6<?76:[1K@8!A3576:1+L5\3CN91Q=CO1O: N': @ Ob5LlOCT<?=-1KQ?S6563<?OCTNW =l; 5\3C3C:.; Oh
@: ==qW_ORQ?: O!_={pV3=CO!<?@ L5\3CN91Q?Q?f/=C46:.OC;TjOCT:/31O<>5\@V1Q?:!Wl: T<?@8B<?OC=!8]<: 3: @ O!=CO: A=`
x<>3=CO; 5\@=C<?8:.3G O: A=GX1@]L8 */5KL-OT:c1Q?S\563C<?OTNr`@2 O: A2q Z+:!TV17\:1KQ?3C:1K8fXpVe : 8
=C5\N':+=COJ1KOC:!3dZ<?OT/T<?=COC5\3Cf'36q 1@]8'Z+:dOJ1K46: -3C_@ = Oc5\@:L5\3%:1K;JT9> 1; O<?56@ OXOC5!S\: O
OCT?: v E q:1;T25L+ZT<?;JTB<?=d: e1K; OCQ?f21'095\@ OC:/13CQ?5U: =CO<>N91O:G5KL O D36% I `RR<?76: @
OCT:.=C:':.=COC<?N91OC:.=q%19@V1KOC_31Q+=CO: AmO52OJ1K46:/<?=!OC5BOZ+:14BOCT:UAV131NU: OC: 3=9=5r1=XOC5
<?@; 3C:1=C:XOCT]:cA356WV1KW<?Q?<>OfU5L[O14 <?@S^1K; OC<?5\@=dZ<?OCT)T<?S6V
T v E `Rtd@8B<?@8: :.8#q<?Od<?=d:1=Cf
K
1*
OC5X;T: ;49OCTV1KOOCT:!S\3J1K8<?: @ O: =CO<>N91O:d<?@2 OC: AH*/<?=: e1;.OCQ?f'=5/OCTV1KOS63J1K8<?: @ Od1=; : @ O
Z<?Q>Ql85/OT<?=}wOCT:R5\_OCA_]O<>=!DA3C5\AV5\3CO<>5\@V1QO5PIOCT:S63J1K8<?: @ O5<L , DCD D43II v E `
OC: A]=YX1@8BX;JT]5P5\=C:/3 q1K@82OCT]: 3C:/13:Y1KQ>=5/OZ[5U<?@PO: 3C:.=COC<?@S9<?8:1K=d3: SP1K3C8<?@S
OCT<?=ROCTl1Oc1K3C:/Z+563COTj8: =; 3C<?W<?@Sl`^x<?3C=Oqb<L3/<?=RL13{L3C5\NvOT:/3C5 56Oq#3 OT: @kWV: ;1_=:
5L%8<?=C;.56_@ OC<?@Slql<>O=dS\3J18]<>:.@PO{=CT5\_Q?82Wl:c8<?=; 56_@ O: 82W f21XL1K; OC5\3d57L `d+_OR<L 5'<?=
Q13CS\:6qOCT:.@/<>ObZ+56_Q?8!=: : Ng1Z1=OC:O5GAl: 3L563N 1Q?Q OCT]:[=<>N/_]Q1KOC<?56@R3 1@8X; 5\N'A_O1O<>5\@
3C: _<?3: 8nWPfBOCT]:1KQ?S6563<?OCTNBq56@Q?fjO5rN/_Q?O<>A]Q>f9OT:93C: =_Q?O/WP
f 1@8k8<?=C; 5\_@ Oc<?O
1Q?N'5\3 =COV1KQ?Q6OCT]:[Z1fdO59`wTV1OZ+:%85{<?@=CO:18!<?=3J1OT: 3bOCTl1@!N/_Q?O<>3 A]Q>f3 =#:.=COC<?N91OC:
W f qZ[:+;T5 56=:OCT:+8: AOT 5Z<>OT!3 A356WV1KW<?Q><?Of{A3C5\AV5\3COC<?5\@V1Q OCP5 D OC:.A2I qKZT<?;JT
1765\<>8]=OCT:/@:.: 8jOC598<?=C;.56_@ ORW =
f `!aT]<>=R<?=G1U=OJ1@]8V138r<?8:1L356Nv095\@ OC:/13CQ?5
=J1KN'AQ?<?@SVq5LO: @m_=: 8nOC5j=<>S\@<pV;1K@POQ?fr3: 8_; :)OCT:97613<1@; :U5Ld: =OC<?N^1KOC5\3C=`tdQ?=C5
1Q?56@]S'OCT]:'=J1KN':XQ?<>@]: =qbOT:/8: 3<>761KOC<?76:/5KL\D 3 IR=T56_]Q>8jWl:'S\<?76: @jNU563C:XZ+: <?S6T OR<L
OCT:.3C:<?=%1dT]<>S\T!A356WV1KW<?Q><?OfR5LlS6: OOC<?@SROC5! 3 `b@XOCT:+OC31 : ;.OC563f\hO3C: :R=C:.OCOC<?@Slq61{@5 8:
3 =!S6318<?: @ OR=CT]56_Q?8BTV176:/=56N':Z[: <?S\TPORA356Al563OC<?56@V1KQ%OC59T5Zu5LO: @j<?OR<>=R7 <?=C<?OC:.8#
=C591SP1K<?@#ql3J1OT: 3ROCTl1@BZ[: <?S\TPO<?@S'1; ;.563C8]<>@]SÔ597P<?=<>O1O<>5\@9A3C5\WV1W<?Q?<?OfPq Z+:X<>@]=COC:18
;T5 56=C:/1/@]5P8]:/Z<>OT2A356WV1KW<?Q><?OfUA3C5\AV5\3COC<?5\@V1QbOC59<?OC={7 <>=<?OJ1O<?56@2A356WV1KW<?Q?<>OfBD O: A
6I.q1@89OCT]: @985/@56O+L_3COT: 3Z+: <?S6T OOCT:R3: =C_Q?O<>@]S/S63J1K8<?: @ O`
aT:'1Wl576:/=46: O;JT]: =/OCT:/31O<>5\@V1Q?:XL5\38]d.E gjt` + A'V\#6`Xs{_3Y1KQ?S65h
3C<?OCT]N|L5\3dpl@8<?@S21@B_@ W<1=: 8j: =CO<?N^1O:c5KLED 55hI DId<?=!Wl1=C:.8j56@BOCT<?=bOT:
N^1K<>@X<?8:1<?=[O5c; 5\@=C<?8:.3d1AAQ?f <?@S!OT:R=J1NU:d1Q?S65\3C<?OCT]N O5cO3J1 i: ; OC5\3CfUOC3C:.: =d5KLdC<?@ h
pV@<?OC:.'8: A]OCT#qb1@8)OCT<?=R<?=G8]: =C; 3<?WV: 8k<?@28: O1<?Qb<>@)tdAAl: @8<?eBG` ]`RaT:c3: N^1K<?@8: 3
5L#OT<?=[=: ; OC<?5\@^<?=+8: 7\56OC:.8'OC5XA357P<?@SOCT:R; 5\3C3C:.; OC@:.=C=R5LbOCT:=]d.E gjt` + A'
#!1KQ>S\563<>OTN/}wOTV1O+<?OGS\<?76: =!1@B_@ W<1=: 8j1@8BWV5\_@8:.8 h761K3C<1@]; :/: =CO<?N^1O:!5L
OCT:RS\3J18]<>:.@PO`DaTV1KO<?OC=3C_]@@<?@SXOC<?N':{<>=dPD -D2I<?=56W 7 <?56_=` I
sd_]3=COC31O: S6fUL5\3A3C57 <?@SXOCT:!1Q?S\563C<?OTNg =%; 5\3C3: ; OC@]: =C=!;.Q>5\=C: Q?fXL5\Q?Q>5Z=+56_]38<?=h
; _==C<?56@91Wl576:6`j:dZ<?Q?QqL563+OCT]:pVe : 8UOC3C:.: !q ;.56@=<>8]: 3C<?@SXOCT:R;TV1K@S6:{OC5 ; D4K dI
<L1K@ fm5L!OT:rA]3C56Wl1W<?Q?<?OC<?: =2DD ICRI Qj<?=';TV1@]S6: 8nL563/=C5\N':9@5 8d
: !<?@nOCT]:rO3C: :6`
td=R8<?=C;._=C=: 8#q%OT:/3C:.=C_Q?O!5KLz3 =_;Tm1';TV1K@S6:'1KO!1'@]5P8]:'1OR8: AO
T 59=CT]56_Q?8jTV17\:Y1
CZ+: <?S6T OCXA356Al563CO<?56@V1KQ#OC?5 q1K@821Q?=C5/A]3C56Al563OC<?56@l1Q#O5/<?OC=d7 <?=C<?O1OC<?5\@'A356WV1KW<?Q><?Of
W fY1X ? > h31@85\NgZ1Q?4`tLO: 3=CO: A=!d1K@8^=J1KN'AQ?:1!@]5P8]:dZ<?OCT/A356WV1KW<?Q?<>OfXA35h
AV5\3CO<>5\@V1Q]OC5X<> O=%Z+: <?S6T Oq\Z[:{56_OA_O_=O[OTV1O%@]5P8]: =[; 5\@ OC3C<?W_]OC<?56@UOC5!OT:dS\3J18]<>:.@PO
OCT:XDC XD I ]DC XVIL1; O563+<>@/5\_3%5\_OCA_]O[<?=%OT:d@5\3CN91Q?<?1O<>5\@R; 56@=OJ1K@PO+5L#OT:
=J1KN'AQ?<?@Sd8]<>=OC3<>W]_OC<?56@`#{: 3C:{L5\Q>Q?5Z=%1RNU563C:+3C<?S\563C5\_=+A3C5 5L#OTV1O ]d. gj1`%
A'VP56_OA_O=G1@9_@ W<1K=C: 8r1K@89WV5\_@8:.8 h761K3C<1@]; :'DWl56_]@8: 82<?@9OC:.3CN'=5KSL -q
#q ;x q1@
8 %!I: =CO<>N91O:d5LbOCT:S63J1K8<?: @ O`
` ub V gUTNaq
P
>]'C\6\v~6 3 V#/>; ]'\P { X>]]d. gj1`%
A';4@<VA6B P/ \6.>] (
) S2/W V+[ 3 ? > D 6 dI )bj66\6 +[13PD V I=>
D -X%DC7 VICI 6R6~H ~#] V >]T xC>) ?X][6 V7)
R Y
l
u+< : O Y! w!Wl:cOT:X@P_]N/WV: 3{5L%@5 8: =R<?@25\_3ROC3J1.: ; O563Cf
OC3: ?: !q#1@]8rQ?: OR_=Rple2=C5\N':!Q1Wl: Q?<?@S'5KL[OCT]:/@5 8: =RL356N !OC
5 Y6q=C59OCTV1KORZ[:/N91f
3C:L: 3cO5rOT:m% ?hOCTk@5 8: B<?@jOCT:UOC3C:.:6`jtdQ?=5VqL56?3 R 6

I Y6qQ>:.OY 8:.@56O:ÔT:
b
T<?=CO563Cfm1KOcOT:=?hOCTk@5 8:9<?@jOCT:9OC3: :mDL3C5\NOT:93C5 56OX85Z@kOC5BOCTV1KOc@5 8:I q1@8
Q?: OX Q D D ICI Q WV:BOCT:BA356WV1KW<?Q><?Ofk5; LcO14 <?@S1K; OC<?56/
@ Q 1O9@5 8d
: CqR1=21@
<?N'AQ?<?; <?ObL_@]; OC<?56@95KL? àT: @9L5\3pVe : 8 !q D 6 dI+<?=d; 5\N'AQ?: O: Q?f/8: O: 3CNU<>@]: 82W f
X Q #u6

CZ Y6(Gu6

' -Pq\=C<?@; :ROCT]:X Q ; 56NUAQ?: OC: Q?fX=CAl: ; <LfUOCT:R;A356WV1KW<?Q><?O<>:.=
5; LR OJ14 <?@S2:1;T1;.OC<?56@n1O'1@ fj@5 8:9<?@mOT:9 OC3: =
: !`naT _=/Z3C<?O<>@]S O5j8: @5\OC:
D dI.q W f'OCT]:G;TV1K<?@^3_Q?:R5L-8]<: 3: @ OC<1O<>5\@#q
34
;
5 5X Q

D
4
dIb
D96I
5h
Q 5X Q 5h 89
ZT: 3:'Z+:/3C: ;1KQ?QX Q D D II Q 13:'<?N'A]Q><?; <?O+L_]@; OC<?5\@=c5KL `)j:/; 56NUAV13:/OCT<?=
Z<?OCT2D\6I.q OCT:R: e A3: =C=<>5\@25L#OT:!1Q?S65\3C<?OCT]Ng =b56_OA_O+<>@9x<>S\_3C:Rq1K@8'@5\OC<?; :/D\6I
WV:13C=/=563?NU] :/=C<?N'<?Q13<>Of9O5rOT:9OC: 3N<?@mAV1K3C: @ OCT]: =C<?=^1KWV57\:6qbZ<?OCf
T v E\ A]Q1f <?@S2OT:
3C5\Q>:X5L 3_^ \ Ùd5Z@5\OC<?; :'1KQ>=59OCTV1KOq<LX Q <?=!<?@; 3C:1=C:.8mW
f qOT: @ ; ; Db dI
Z<?Q>Q<?@;.3C:1K=C:/W f=dO<?N': =OT:!A356WV1KW<?Q><?OfU5L[3:1;T<?@SUOCT:X=C_W]OC3C:.:c35P5\OC: 8j1O{@5 8:
+OC<?N':.=GOT:/176: 31S6:/3: Z13C8j5KL[OCT]:'1; O<>5\@ h Q =C_]WOC3: :'5KL[@5 8X
: `/[_]O!<L[OCTX: hOCT
@5 8:R<?=d3 q OT: =
@ 3 v E\ <?=d1@9_@ W<1=: 89: =CO<?N^1O:d5KLHOT:/D8<?=; 56_@ O: 8VI{761Q?_:{5L%OCT<?=
1; O<?56@ h Q =_WO3C: :6q=C<?@;.: v E\ <?=-_=O!1'095\@PO:c13Q?5': =OC<?N^1KOC:!5KLHOT:X761Q?_:!5KL[OCT<?=
=C_W]OC3C:.:6R` : OOC<?@XS $/^ #8: @5\OC:!OT:!A356WV1KW<?Q><?Of/OTV1Od1/ 3 > h3J1K@85\NgZz1KQ?4/Z<>Q?Q3:1;T
@5 8: qZ+:dOT?3 : ] 3:L563:!=C:.:6qlWPf/5\_3d13S6_NU: @ Oq\OCTV1KO $ " v.E \ <?=[<?@/L1; Od1K@r D #
: =CO<?N^1O:R5L 3_^ \ ZT: @BOCT:@5 8(: <>=R 3 D:\` Sl`ZT:
@ v.E \ <?=dS\56OOC: @9L3C56N|1X3J1K@85\N
Zz1KQ?41K=!<?@MOC: An'5KLdOCT:'1KQ?S6563<?OCTNBq=CO13OC<?@S9L356N@5 8X: d1K@8jOJ1K4P<?@=
S Q pV3C=OJI `
Fb_OOC<?@S/OCT]<>=Wl1;4'<?@ OC5 _V1O<?56@29/1K@89Q>:.OCOC<?@?S 5lD I8:.@56O:!OCT:R8:.AOCT25KL%@5 8h:
<?@'OCT]:GO3C: :\qVZ+:R=C: :OCTV1KO
5 ;
5 ;
D4\6dI
5h
[
"
[
"
34
Q
3 F ]!^vE \
34
[ 3 F^?
Q
"
3 @5 8:T? 55hX Q
] v E\ 3{w@]5P8]:T? 55hX Q
D]I
89
89
D\6I
a3T <?=c <?=d_]=CO'1B=C_]N57\: 3/@5 8: =HCq+Z<?OCTkOCT:2@]5P8]:hxOC: 3N TV17 <>@]S1CZ+: <?S6T OCB5L
F^ ?C`{ab5/pV@8B1@2_@ W<1K=C: 8B: =CO<?N^1O:!5L%OT:c=_NrqlZ+:!N^1f q1={<?@r OC:.A='hCX5L
OCT:!1KQ>S\563<>OTNrqK3J1@]856NUQ>fX;T5 56=:G5\@:R5L%OCT]:GO: 3CNU=Z<?OCT'A]3C56Wl1W<?Q?<?Of/A3C5\3AV 5\ 3COC<?5\@V1Q
OC5j<?OC=/Z+: <? S6T O'1K@8nOCT: @yDZ<>OTw1AA356A3<1OC:)@563N^1Q?<?1KOC<?56@#qW f , ["N F^
DC qD 6I Dh /VI9<?@w56_]3^;1=C:jO5mN9146:)OCT:oCZ+: <?S6T OC=m=_N O5m56@]:1K@8Wl:
1BA3C5\WV1W]<>Q?<?Ofj8<?=CO3C<?W_O<?56@VIX5\_OCA_]OG_=O'OTV1OU56@:9OC:.3CN <?@wOCT]:2=C_NBq%O5mS6:.O^1@
_@ W<1=: 8r:.=COC<?N91OC:X5LOCT]:/: @ OC<?3C:/=_Nr`XaT<?=R<?=G5KLz;.56_3=C:Gi_=CO!1U=CO1@8V1K3C8m095\@ OC:
13Q>59: =OC<?N^1KOC:U5LG19NU:1@#`2E{5\<>@]S2OCT<?=q%1@8BL_]3COCT]: 3/3C: A]Q1K; <?@S2OT:9: e AV: ;.OJ1O<?56@
Z<?OCT^1X=1NUAQ?:5L v E`\ OCT]: @93C: ; 57\: 3C=ROT:R: e A3C: ==C<?56@kD6\I+_=C:.82<?@'56_]3d1Q?S65\3C<?OCTNB`
n
#x <?@V1KQ?Q>f q W fX56_3+1=C=_N'A]OC<?56@!5K;L 3 y3 D DlICI Wl: <?@S!Wl56_@8]: 8'1= >$%/q\Z[:=: :dOT:
56_OA_O/D\6I{<?=RWV5\_@8: 8jW f!-a%
]DC4VI.q#ZT]<>;TBOCT:.3C:L5\3C:US6<?76: =R5\_3RWV5\_@8
56@UOCT:!761K3C<1@]; :6`
&
K ('
LLh@TIN
M
@mOT<?=c=: ; OC<?5\@#q+Z[:U8: =C;.3C<?WV:)T5ZgOCT]: ]{ Egj1` AUV Y1KQ>S\563<>OTNv;1@
WV:BN'5 8<pV:.8O5mS\<>7\:2<?@/_D -D2IUOC<?N':21K@w_@ W<1=: 8:.=COC<?N91OC:)5L^DE5 5hI DI.`
aT<?=%: @V1KWQ?: =_=+OC5XAV:.3L5\3CNg=OC5 ;TV1=OC<?;RS63J1K8<?: @ Oz1K=C; :.@PO8]<>3: ; OQ>f/5\@'OT:dO3C_:R761Q?_:
<?OC=C:.QL`#{56OC:RT5Z+: 7\: 3OCTV1KO[OT<?=76: 3=C<?56@U5LbOCT:!1Q?S\563C<?OTN3C: _<?3C:.=dOCTl1O+Z[:R3C_]@ÔT:
S6: @]: 3J1KOC<?76:UN'5 8: Q+56@j:1K;TS\3J1K8<?: @ OY1K=C; : @ O/=OC: AyDOTV1OX<?=q<>O<>=X@5\Oc=_ '; <?: @ O/OC5
=J1KN'AQ?:_=CO1pVe : 8'@ _N/Wl: 3+5L#OC31 : ;.OC563f'O3C: : =qV1K@8'OT: @9N^1K46:+@5!L_3COT: 3+_=C:R5L
OCT:RS\: @: 31OC<?7\:GNU5 8: QI `
aT:9<>8]:1B<?=c=<>NUAQ?:6`kj:'TV17\:^S\<?76: @n1@w1Q?S65\3C<?OCT]NvL563XpV@8]<>@]S1K@m_@ W<1=: 8
: =CO<?N^1O:/5LROCT:US63J1K8<?: @ OcZ<?OTm3C:.=CAl: ; O'O51pV@<?O:Ô3J1 i: ; OC5\3CfkOC3C:.:6`mLdZ+:9; 56_]Q>8
1AA]Q>fB<?OcO51K@yC<?@ pV@]<>O: BOC3J1.: ; O563CfkOC3: :jD; 5\3C3C:.=CAl56@8<?@SkOC5j198: A]OC
T c
bI.q
OCT:.@'Z+:dZ+56_Q?8XS6: O1@U_@ W<1=C:.8/: =CO<>N91O:5L#OCT]:dS6318<?; : @ O+5L% D I à-5=C: :ROCT]<>=q
@56O:bOCTV1KO#ZT: @Z[:%=1NUAQ?:#<?@ pV@<?O:-O3C: :.=q\Z[:%Tl176:] : D 6 dIy DI: e1;.OCQ?f
L563:1;T `[ 5lqP1KAAQ?f <?@(S 55hRO5cWl56OT'=C<?8:.=d1@89<?@ OC: 3;JTl1@S\<>@]S!: e AV:.; OJ1KOC<?56@=R1@8
8: 3<>761KOC<?76:.=q Z+:GS\: O
] :=d 55 ; D 6 d_I e/ 5h5 > DI
D\6I
ZT<?;T'=CT]5Z=d_@ W<1=: 8@:.=C=`
L-Z+:G8]5/_=C:R=C_];JTB1@m<?@ pV@<?OC:.cO3C: :'DW_<?Q?O[Q1K <?Q>f q\5L-;.56_3=C:I{1@89OC3f'O5Y1KAAQ?f
]d.E gj1`% + A'V 5L%OT:cA]3C: 7 <?56_={=C: ;.OC<?56@#qlOT: 3C:/13:!@5U8<'; _ Q?OC<?: =Z<?OCT
OC:.A=2^1K@8)5LROCT:21KQ>S\563<>OTf
N O 5B<?=X;T56=: @nZ<>OTR ^ 5mf
-\G
]DCP fVI q
1@8)Z[:/O146:/1U3J1K@856N|Z1Q?4985Z@BOC598: A]OC
T 59O5^S\: O!3 `X+_O! OC:.Am'@]5Z OC:.Q>Q?=
_='O5mO146:B1jZ1Q?4mO5m8: A]OCq
T jqZT<?;JT<>=U<?@ pV@<?OC:.Q>fkL1K3'1Zz1f q1@8OCT<?='<?=U@56O
OC31; O1WQ?fj<?N'AQ?: NU: @ OJ1KWQ?:6`rx]563OC_@V1KOC: Q?f q%S\<>7\: @1BF%sR02ERFuZ<?OCTm8]<>=; 56_]@P?O q[Z+:
N^1f/O3J1@]=L5\3CNv<?O{<>@ O5^1@n 6 ~\P]/F%sR02ERFbqW_ORZT<?;T2@5ZyTl1=!1BDCR VI
;TV1@;.:/5L[O3J1@]=C<?OC<?56@]<>@]S'OC521 : 3C5Kh;.56=CO/1W]=C563W<?@S'=OJ1KOC:'1LOC: 3R:1K;JTj=OC: A`c@]8: : 8#q
56@:5L%OCT:; 56NUN'56@di_=CO<pl;1O<>5\@=L5638<?=C;.56_@ OC<?@SU<?=OCTV1KOd<?Od3: A3C:.=C: @ OC=X12DC dVI
;TV1@;.:1 LOC:.3/:1;Tw=OC: Aw5KLGOT:2F%sR02ERF :.@8<?@SVZ[:213:9=C<?N'AQ?fBN^1K4P<?@S)_=C:95L
OCT<?={L1K; ORT: 3C:\`/d5Zu<>@BOCT]:/OC3J1K@=L563CNU: 8rF%sR02ERFbqZ+:/N^1fUA3C5 ; :.: 8mO5^=_NvOT:
C<?@ pV@]<>O: dO3J1 i: ; OC5\3CfX<?@Y O: A/q61K@8cOT<?=bZ<>Q?Q OC:.3CN'<?@V1KOC:bpl@<?OC: Q?f!5\@; :Z+:[O3J1@]=C<?OC<?56@
<?@PO5'OT:Y1KW=C5\3CW<?@SU=CO1OC:/<?@2OT:XOC3J1K@=L563CNU: 8rF%sR02ERFDZT<?;JT)Z<>Q?QbTV1KAAV:.@rZ<?OCT
A3C5\WV1W]<>Q?<?Ofr\q-1K@8B56@B: e AV: ;.OJ1O<?56@1 LOC:.3c/DC
DR VII!=OC: A]=JI Ù@; <?8:.@PO1Q?Q?fPq56_3
=C<?N'A]Q>:RO3J1@]=L5\3CN^1KOC<?56@9;1K@1KQ?=C59WV:/1A]AQ?<>:.8rO5^<>Q?Q?<1N = Mm1KQ>S\563<>OTN
OC5/S\: OR<>OO5'5\_OCA_]Od_@ W<1=: 82: =OC<?N^1KOC: ={<?@'pl@<?OC:!O<>NU:6qW]_Od<?OC={7613<1K@; :!N91f/=CO<>Q?Q
WV:R_@ Wl56_@]8: 8#`
a-5=C: :{OCTV1KO[OT<?=[@:.Z1Q?S65\3C<?OCT]N =CO<?Q>Q]TV1=+WV5\_@8:.8'7613<1@; :\q6@5\OC:{OCTV1KO[:1K;TLv E
<?=-OT:=C_]N 5L#1{S6: 5\N': O3C<?;1KQ>Q?f{8<?=COC3<?W_OC:.8/@P_]N/WV: 3b5KL<?@8<?7 <?8_V1KQ>Q?fWl56_@]8: 8/OC:.3CN'=q

=C52:1;Tv E 1KQ>=52TV1K=!WV5\_@8:.8m7613<1@; :\q-1K@8jT: @;.:^5\_3RpV@l1Q+: =CO<>N91O563!1Q?=C59TV1K=

WV5\_@8:.8^761K3C<1@]; :/D1S 1<?@^1K=C=_N'<?@Sc1Wl56_@895\@ÔT:!8:.3C<?761O<>7\:d5KLH I.`
x#<?S\_3C:/US6<?76: =ROT:c=OC: AMhW f\h=OC: Ak8: O1<?Q?=G5KL[OCT]<>=RA356Al56=1QqZ<?OCTj1@r1K88<?OC<?5\@V1Q
AV131NU: OC: 3 9OTV1Ob3C:.A3C: =: @ OC=d1{=CQ?<?S6T O<>NUA3C57\: N':.@POl576:.3%ZTV1ObZ+:[Tl176:+8: =C;.3C<?WV:.8
=C5XL1K3`% :.OCOC<?@XS V 9XS\<?76: =OT:c1Q?S\563C<?OTNZ[:RTV17\:Hi_=CO{8: =C;.3C<?WV:.8#`+aT:RAV131N/h
: OC:.(3 9%<?=!1UN'5 8<pV;1KOC<?56@2OTV1ORO3C<?: =!O523C: 8]_; :'OT:/: =OC<?N^1KOC563 =d7613<1@; :\`cT: @
Z[:/NU5 8<pV: 8]d.E gjt` + A'V ROC52S\: OcOT<?=!@: Zg1KQ>S\563<>OTNrqlZ+:'188]: 81
=C5\_3C; :/5KLz761K3C<1@]; :/<?@rOTV1O!OTX: v E =!1K3C:/@5Z=C_]N'=R5TL 5\%3C: Z138jOC: 3N'={L356NvOT:
C_@]8<?=C; 5\_@ OC: 8/F%sR02ERFbq ZT: 3(: 5 <?=+S6: 5\N': O3C<?;1KQ>Q?fX8<?=CO3C<?W_O: 8#`baT:R7613<1W<?Q?<?Of
<?@ 5\qVOT:!@ _N/Wl: 35L%O: 3CNU=dZ+:c13:!=C_NUN'<?@SlqP1K88=G1K@56OT: 3{=C56_]3C; :X5L%7613<1W<?Q?<?Of
OC5/5\_3+pV@V1KQ: =CO<>N91O:6`[s{_3{N'5 8<pV;1KOC<?56@/<?=OCTl1Oq]Z<?OCT9OCTI: 9C: e : ;._OC<?56@)8: AOT
AV131NU: OC: 3qZ+:dZ<?Q?QM1KQ?Zz1f =bOJ1K46:G1KO%Q?:1=O 9b6 ~6 d=OC: A]=%L356N 3 q 1LO: 3+ZT<?;JT
Z[:9O146:21)L_]3COCT]: 3qS\: 56NU: OC3<?;1Q?Q?fr8]<>=OC3<>W]_OC: 8@P_]N/WV: 3X5L!=OC: A=ò[_O/@]5Z!q[OT:
; 56@ 0 O3C<?W_O<>5\@95L[OT:cS\: 56NU: OC3<?;1Q?Q?f'8<?=OC3C<?W_]OC: 8B@ _N/WV:.35L[=OC: A=<>={8<?=C; 5\_@ OC: 8BW f
D q 1@8/OT: 3:L563:d; 5\@ OC3C<?W_]OC: =+Q?: =C=+OC5!OT:7613<1@; :\`% 5VqZ<?OX
T 9V=: O%5\@/OCT:{563C8]: 3
5Ld ]DC7 dVI{563{5L%OCT]: hT563<>.56@9OC<?N':\q Z[:!<?@;._3!1XOC<?N':RAl: @V1Q?Of95L[1K@1K88<?OC<?5\@V1Q
: e AV:.; OC: d
8 9=OC: A=RAl: 3d3_@#q]W_O;1K@2TV176:R1X=C<?S6@]<pl;1@ OCQ?f/=N^1Q?Q?: 3+7613<1K@; :R<?@956_3
: =CO<?N^1O563`
x#<?@V1KQ?Q>f qZ+:X; Q?56=C:XOCT]<>=R=: ; OC<?5\@jWPf97\: 3CfBW3C<?%: olfr188]3C: ==C<?@S21U@P_]N/WV: 3{5L[<?==C_: =
3C: Q1KOC<?@SROC5RA31; O<>;1QV1KAAQ?<?;1O<>5\@=b5LOCT:.=C:G1KQ?S6563<?OCTNU=%DAl: 3CTV1KA=+OCT:NU56=CObA3: =C=<?@S
5L%ZT<?;T2<?=dOT:cQ1K;J495KLHNU: @ OC<?56@95KLH:.ePA]Q>5\3J1KOC<?56@VI.ql; 56@=<?8: 3RAV5\=C=<>W]Q>:L_3COT: 3RN'5 8 h
<pV;1O<?56@=ROC59OT:'1Q?S65\3C<?OCT]NrqV1K@8B3C: Q1O:/<?O1KQ?=C59OC59w<?Q?Q?<1KN = Mn1@8BOC5
R<>N/_]3J1R: O`%1Q`{ =z1KQ>S\563<>OTNr`
] CVVca%j:RTV176:RA3: =C:.@PO: 8m1X3C:.<>@ML563; : N':.@POQ?:1K3C@<?@S'1KQ?S6563<?OCTNgOTV1O;1@
R
AV:.3L5\3CNy=CO5 ;JTl1=CO<?;[S\3J18]<>:.@POb1=; : @ ObOC5d5\AOC<?NU<>.:% > DI qKW_O#ZT]<>;T!8]5P:.=-@]56O#=: : N
OC5X@: : 89O5c85X1@ f/: e AQ?5631OC<?5\@#`#=OT: 3:1K@ f/N^1S\<?;[T:.3C:)O[O_3C@]=56_O+OCTV1KOq : 7\: @
OCT5\_S6T)Z[:!Tl176:XWV5\_@8: 8BOCT]:c761K3C<1@;.:!5L[5\_3dS\3J1K8<?: @ Od: =OC<?N^1KOC563=qlOCT]:Y\C\6
<?OC=C:.QL+N^1f'=OC<?Q?Q%Wl:c: e Al56@:.@PO<1Q?Q?f^=N^1KQ>Q<?
@ jàb5^=: :/OCT]<>=q<?N^1KS6<?@:!1UOC3J1.: ; O563Cf
OC3: :RZT: 3C:56@Q?f/56@]:G5KL-OT:!Q?:176:.=[S\<>7\: =d13C: Z138#<L-Z+:RZ[:.3C:!;T5 56=<?@SY1K; OC<?5\@=d1O
3J1K@856NBq <?ObZ[5\_Q?8!OJ1K46:_=%/D1 RIbOC3<>:.=V_=O-O5{pV@8XOCT<?=%@5 8:\`#aT _=q65\_3b3C: <?@ L5\3C; :ih
N': @ O%Q?:1K3C@<?@S/1Q?S\563C<?OTN N91fcWl:RWV: =Od1AA]Q><?: 8UN^1K<>@]Q>fRO5/856N91<?@=bZT: 3:!@56O+OC5 5
N/_;Tc:.ePA]Q>5\3J1KOC<?56@X<?=%@: : 8]: 8UL563%OT:cDL563<>@]=COJ1K@; :6q <L#OT: 3C:R13:dN^1K@ fG<?@ OC:.3CN':.8<1OC:
3C: Z138=JI.q563<LMZ+:13C:=C56NU: T5Zj1WQ?:%O5d<?@<?OC<1KQ><? :%O5G1CS65 5 8=OC3J1KOC: S\fPqK<>@ZT<?;JT
;1=:ROCT<?=d1Q?S\563C<?OTNgN^1fXWl:G_]=C: 82O5/<?N'A3576:_Al56@9<?O+L3C5\NgOCT]: 3C:6`tyAV13OC<?; _Q1K3CQ?f
<?@PO3C<?S6_]<>@]Sd: e1NUAQ?:[<?=b<LZ+:dZ+: 3:OC5Vq\W fc5\OCT:.3%N':1K@=qK: =CO<>N91O:OCTT: O{hL_@]; OC<?56@9D5\3
761Q?_:RL_@; O<>5\@VId1K= O8 D\% PI.q_=<>@]S'=C5\N':!=N'5 56OT9L_@]; OC<?56@B1AA35e <>N91O563+AV131N/h
: OC:.3C<? : 8BW f* àT:.@r188]<>@]S'1X<>@ 7\: 3C=:hO: N'Al: 31OC_]3C:XAV131N':.OC: 03 g%qlZ+:!N^1f/8:ipV@:
1/=OC5 ;TV1=OC<?;cAl56Q?<?; fjD h iDICjI Q/u: e A#RD g O8 6D6% Q6IC6I , : e A-RD g O8 6D6% II q#1K@82OT: @
85XS63J1K8<?: @ Od1=; : @ Od5\@2 k l m'n D I+Z<?OT'AV1K3J1NU: OC:.3C=!D ? g#I `
UP 1 gjb. m.] ela x]563UQ>:13C@]<>@]Sm8: O: 3CNU<?@<?=COC<?;2=OC31OC:.S6<?: =qROT:BN^1<?@
1Q?S65\3C<?OCT]NyZ[:TV1K8c=_S6S\: =CO: 89Zz1K=bQ>5 ;1KQS63: : 8f/=:13;T'Z<?OCT/Q1.f!OC3: :d; 5\@=CO3C_;.OC<?56@#`
6
x_@]; OC<?56@]d.E gjp oRD CEb+ A'l#PDX 'q/%9I

@A_O#=OC3J1KOC: S\f!; Q1==bcq; _]3C3C:.@POAV131N':.OC: 3= \q=CO13COb=OJ1O:d\q8<?=; 56_@ OXS6: @:.3J1O<?76:+N'5 8: Q
q/q : e : ; _O<?56@28:.AOC=
T 9`
sd_]OCA_O%ty35Zw76: ;.OC563{OCTV1KO<?=d1@'_]@PW]<1K=C: 89: =OC<?N^1KOC:R5L 3 3 @> DI `
6` :.OdROC5/Wl:!OCT]:G35 56O!D I+@5 8:!<?@'OT:'DO5cWl:!Q1.<>Q?fXW_<?Q?OJI+O3C: :6`
`+w<?OT'A356WV1KW<?Q><?Of97 d#q_]N'A/OC5/=OC: A *V`
R` : XO BWV:21K@1K; OC<?5\@m;T56=: @n3J1K@856NUQ?frW fjOCT]:^=OC5 ;TV1=OC<?;2Al56Q?<?; fm @ > 1KAAQ?<?: 8mO5rOT:
T<?=OC563f1KOc@]5P8]:'6`Ba%14\:'1; O<>5\
@ 9L3C56N\q%=: OCO<>@]SrUOC5BWV:UOCT:91; O<>5\@ h 2;T<?Q?8j5LG\`
R5\OC5X=CO: Ar`
*V` :.O@5 8:!3Ro6q1K@89Q>:.Od43RWl:!OT:RT<?=COC5\3Cf91Od\`
b`x]563+:1;Tr1K; OC<?5\L
@ V
1D
%
b]`?G :.
O v E 9]`
b]` 'Dud=C<?@
S q/q I: e : ; _O:Y1K; OC<?56H@ ; L3C5\Ng=CO1O:3 q S6:.OCOC<?@S/=56NU:3C: =_Q?OC<?@S/3C:.Zz1K3C8 ;
1K@8';T<?Q?8 h@5 8:! `% : PO v E
vE % `
b]` cx]56T
3 +OCh5 9q
b` `?DM{=C<?@<
S qI qO146:1{3J1K@856Nu=CO: A'1; ;.563C8]<>@]SGO5! ? > 1KAAQ?<?: 8cO5ROCT:T<?=OC563f
1KOz\qQ?: OOC<?@S ; Wl:!OCT:R3: Zz1K3C8r1K@; 8^.#OT:c1K; OC<?56@/ =+; 5\3C3C:.=CAl56@8<?@SU;T<?Q>89@5 8:\`
b]` ` cM: T
O v.E q
vE6% q1@82 `
b]` *cw<?OTÂ]3C56Wl1W<?Q?<?Of^7
#q_N'A/OX5 b^` n`
b^` bRDM{=C<?@
S
!
q
l
I
%
a
K
1
6
4
%
:

1

3

1
@85\N=OC: AL3C5\N +1; ;.0 ; 563C8]<>@]SdOC5d > qS\: OCO<?@S=C5\N':b3C: =_Q?OC<?@S
3: Zz1K3C8 ; 1K@8'@]: e Oh=COJ1KOC:/ `% :.TO v.EX
vE6% D q1K@82! w.`%56OC5X=CO: V
A b]` *l`
b]^` n!: @]8#`dD5L#L563hQ?5 56AVI
n`s{_OA_O
v E\ 5 D D3ICI Q
D *PI
7 Q 5h ?>
q{}T 5<k .C>CtL>{I<}w

}w<k<}sr r ?t1 >
[_]O!OC521765\<?82Q?5P;1Q%N91e <?N'1q<?ORN^1f21KQ>=5'Wl:'Z+563OCT ZT<?Q?:^(#6\656_3R; Q1==!5L

8: O: 3CNU<>@]<>=OC<?;R=CO3J1O: S6<?: =<>@21Q1K3CS\: 3ql=CNU5 56OCT]Q>fUAV131NU: OC: 3<? : 82; Q1K=C=R5L[=OC5 ;TV1=OC<?;
=CO3J1O: S6<?: =q#1@]8rOT: @B85'OT:c=:13;Tj<>@)OCTV1KOGQ1K3CS6:.3ql=CNU5P5\OCT:.3d=CAl1; :6qL5\3d: e1NUAQ?:
Z<?OCTn56_3/=OC5 ;TV1=OC<?;BS63J1K8<?: @ O'1=; : @ O21Q?S65\3C<?OCTNB`maT]: @#qd1B=OJ1@]8V138wOC3<>;4L3C5\N
OCT:R@:._3J1KQ@: OZ+563C4UQ?<>O: 3J1KOC_3:R;1Q?Q?: 8'OT:R=C5KLOhWV133C<?: 3+;1@9Wl:R_=C: 89O5/3C:h; 56@]=COC31<?@
56_3=C: Q?7\: =OC5X8: O: 3CNU<>@]<>=OC<?;d=OC31OC:.S6<?: =!D<Lb=C5X8: =C<?3: 8VI R W{1OCT]: 3[OTV1@U856<?@SXS6318<?: @ O
1=; : @ O[5\@2 D I q\Z[:{85cS\3J1K8<?: @ O[1=; : @ O56@) D NI uge]! rDbDVIIbZT: 3C:{<?=
OCT:R: @ O3C56A fL_@; O<?56@^1K@89OCT:R: e Al: ; O1OC<?5\@2<?=576: 3d1K@^1A]A3C5\A3C<1O:R8<?=COC3<?W_OC<?5\@'5L
T<?=CO563C<?: =XD=1f';T5 56=:Y9y 3 q]OCT:XT<?=CO563Cf91OR 3 q]56@9:1;TB=CO: A25L%OT:Y1KQ?S6563<?OCTN9I `
aT<?=Zz1f q Z+:%Al: @V1KQ><? :=COC31O: S6<?: =bOCTl1O#Tl176:b: @ OC356A fR563#31@8]56N'@]: =C=<?@!OT: <?3#;T5\<>;.: =
5LG1K; OC<?56@]=`B[fjQ?: OOC<?@
S go=CQ?5ZQ?fB<>@]; 3C:1K=C:UL356N 99OCv
5 boqbZ[:UTV176:91@j<?@; 3:1=<?@S
W<1=ROC5Z138=R8: O: 3CNU<>@]<>=OC<?;X=COC31O: S6<?: =`rDd56O:/Z[:/8]5^@]56OR3C: ;.56N'NU: @82Q?:1K3C@<?@S21
=CO5P;TV1K=CO<>;U=CO3J1O: S6fm q%1K@8jOCT:.@mN^1K4 <>@]S'<?O!8: O: 3CNU<?@<?=COC<?;/W fBA<?;J4 <?@S2OT:'NU56=O
Q?<>4\: Q?fr1;.OC<?56@oD_@8]: 3' Ic1KOc:1K;T=OC: A[OT<?=cN91f2Z+563C4BL563X=C56NU:/A3C5\WQ?: N'=q#W]_O
=C: :.N'=OC5X_={N/_;T/N'563:d8<'; _]Q>O+OC5di_=CO<LfP` I
, 9P]V r. gC]la!aT]3C56_]S6T5\_OG :.; OC<?56d
@ *91@8BOCT]<>=Rt{AAV:.@8<?eqZ[:XTV1K81K=h
=C_NU: 8G1+S\: @: 31O<>7\:%N'5 8:.QOCTV1KO#1Q?Q?5Z=V_=OC5=1N'A]Q>:b1+@: e Oh=CO1O.: w@:.ePOh5\W=C:.3C761O<?56@
AV1<?3=COJ1K3CO<>@]SRL3C5\N 1@ f!=OJ1O:6`bwTV1KOb<Lq61=b<?@YM: ; OC<?5\X@ bq5\_3%S6:.@: 3J1KOC<?76:NU5 8: Q65\@Q?f
1Q?Q?5Z=V_]=-O5'3C: =: OCROC5![1K@8!O5dOJ1K46:[056@ OC:13Q>53_@=L356NoOCT: 3:6q\W_Ob; 56_]Q>8@56O
3C: =: OOC5X1@ fc<?@ OC:.3CN':.8<1OC:=OJ1KOC:=
W: ;1KQ>QlOCTl1Oq 1LOC: 3+3C:1K;T<?@SY3{<?@/56_31Q?S65\3C<?OCT]Nrq
Z[:X<?OC: 31O: 8rOT3C5\_S6Tj1Q?xQ -21K; OC<?56@]=q#1K@8rOT: @B56_3{pV@l1Qb56_OA_OR<?@D1 * I<?=!1/761Q?_:
OCTV1KO%<?=z1=C_Ng5KyL -XOC: 3N'=q6Z<?OCTU56@:O: 3CN ; 5633C: =AV5\@8<?@S/OC5:1;T20956@ O:d13CQ?5!3_@
L3C5\N \`LVZ[:+TV17\:[5\@Q?fGOT:+Z[:1K46: 3b=<>N/_]Q1KOC5\3q Z+:13C:1W]Q>:+OC5{OC3f!56@Q?fR56@]:z095\@ OC:
13Q>5U3C_@)L356Nv 3 `!ab5'TV1K@8Q?:XOCT<?=qZ[:XN^1fU3J1@]856NUQ>fU;T5 56=C:/5\@:/1; O<>5\@#qO146:
_=OdOCTl1OR56@:/095\@PO:Y1K3CQ?5'3_@#q#1K@82OT: @j3C:.OC_3z
@ -9OC<?N':.=dOCT]:c5\@:cO: 3CN DZ<?OCT]<>@
OCT:=C_NUN^1O<?5@VIb; 5\3C3C:.=CAl56@8<?@SUOC5UOCT:!;T5\=C: @B1; O<>5\@#`%O{<?=OCT: @)<>NUN': 8]<1KOC:OTV1O
OCT<?==OC<?Q?Q#S6<?7\: =G1WV5\_@8: 8Mh761K3C<1@;.:!_@ W<1=: 82: =OC<?N^1KOC563`+@; <?8: @ OJ1KQ?Q>f q<L%Z+:!TV176:
1@X: =CO<?N^1O:5LOCTT: OGhL_]@; OC<?5\@'1O% 3 q\OCT]<>=;1@'1KQ>=5RWV:{_=C: 8UOC5!3: 8_;.:dOCT]:d7613<1@; :
3C: =_Q?OC<?@SXL356NgOT:R3J1K@856NU<?1O<>5\@/5LbOCT:!1;.OC<?56@e =;T5\<>;.:6`
,%t g9!D C {2w<?Q?Q><1KN'=-1K@8'R<?N/_31d:.O`%1Q`TV18U=C5\N':@<?; :R<?8:1K=[3: SP1K3C8<?@S
OCT<?=` d=<>@]S'OCT]:!Z[:146:.3G=<?N/_Q1OC5\3%8: =; 3C<?Wl: 8j<?@2OCT]:!A3C:.7P<?5\_=RAV131S631ATqZ+:!_@<h
L563N'Q?f/;T56=:'1/31@85\Nv1; O<?56@B_AV5\@r3:1;T<?@S93 q1@8BOCT:.@rS 176:!OTV1OR56@]:cO: 3CN
<?@jOCT:9=C_]N12N/_]Q>O<?AQ?<>:.3d5|L -`jt{Q>O: 3C@l1OC<?7\: Q?fPqZ[:9N91f2;T5 56=C:95\_3Y1K; OC<?5\@1O/ 3
1; ;.563C8]<>@]S2OC5BOCT:U8<?=CO3C<?W_O<>5\@mS\<>7\: @jW fm4 > D 3 Ic1KQ>=5Vqb=52OCTV1KOY1KOc:.76: 3fm=CO: AmZ+:
13:/OJ14 <?@S9193J1K@856NZz1KQ?41K; ; 5\3C8<?@S2O524 > `/aT: @qbOC5946: :.Aj56_3!:.=COC<?N91OC5\3R_@ h
W<1=: 8#qZ+:RZ[5\_Q?89N/_Q?OC<?AQ?f!W fr
D > D 3 IjI QX<LH1;.OC<?56=
@ QXZz1K=;JT]56=C:.@#qlN^14 <?@S!OT:
1Q?S65\3C<?OCT]Ng =HpV@V1Q5\_OCA]_O
v E\ 5lD D3ICI Q

D b6I
>
7 D ?> D3ICI Q
5
aT<?=[=T56_]Q>89Wl:R; 56NUAV13: 8'Z<?OCTBD *PI `{@ L5\3COC_]@V1O: Q?fPq OT:/ D ? > D3ICI Q N/_Q?OC<?AQ?<?: 3
9
N^1f2Wl:213W<?OC3J1K3C<?Q?fjQ13CS\:6q[1K@8n=C5B56_3/:.=COC<?N91OC5\3cN91f2TV17\:1K3CW<?O3J13<?Q>fBQ13S6:9563

: 76:.@j<>@MpV@<?OC:/761K3C<1@;.:2D1@]8j: e1N'A]Q>:.=c13:/:1=fjOC52; 5\@=CO3C_;.OJI `)aT<?='DNU<?@P_]=GOT:
_@8<?=; 56_@ O: 8 FsG0)EGF <>8]:1jO5mN^1K46:9OCT]:1KQ>S\563<>OTN OC: 3N'<?@V1O:9<>@pV@<?OC:2O<?N':6q
3J1KOCT: 3OCTV1K@j56@Q?f2; 5\@ 76: 3S6:'5\@Q?fr1=f N'AO56OC<?;1KQ?Q>fI+<?=!: ==C: @ O<1KQ?Q>f)G<?N/_31U: O`91Q`{ =
1Q?S65\3C<?OCT]Nr` Dtd; O_V1Q?Q?f qOCT:.f1Q?=C5jTl181=C: ; 5\@8y76:.3C=C<?5\@#qd1@]8=56N':9<?@ OC: 3: =CO<?@S
<?8:1={3C: S 138<?@S': Q?<?S6<?W<?Q?<?Of/OC31; : =qOCTl1ORZ[:Z<>Q?QN': @ OC<?5\@^=T563OCQ?f ` I)F-1K3CO<>;._Q13CQ?fU<L
_=C:.8'Z<?OCTXOCT:{N': OT5 8cZ+:d8]: =C; 3<?WV: 8U:13Q?<>:.3[O5!Q?:13@/8: OC:.3CN'<?@<?=OC<?;[=OC31OC:.S6<?: =q]OCT<?=
Z[5\_Q?82=C:.: N 8<?=J1=OC356_=q%1=RZ[:'1K3C:/83<?7P<?@SUN'5\=COR5LOCT:2D4 > D 3 ICjI QUOC59 :.3C5VÙ+_O
L563OC_@l1OC:.Q>f qZ[:H L56_@]8c3 1{=C <?N'MA \ Q?:6q188]<>O<?56@V1KQ6; 5\@8<?OC<?56@OC5d:.@=C_3:WV5\_@8:.8c761K3C<1@;.:6
@V1NU: Q?fR<L > . } M \ 3 } Z+: 3C:{WV5\_@8: 8q OCT: @UOCT:.3C:RZ[5\_Q?8/WV:{@5!A356WQ?: NU=`
td=1!=<?N'AQ?:: e1NUAQ?:6q<L-OT:!4Z[:.3C:c1@: _31Q@:.OZ[5\3C4/Z<?OCT91!=<>S\N'5\<>8/1;.OC<?761O<>5\@
L_@;.OC<?56@m1KOcOT:956_OA_O2DOTV1Oq%=1fPqb3: A3C:.=C: @ OC=9A356WV1KW<?Q?<>Of)5LGO14 <?@Sr1K; OC<?56f
@ iI
<?@m19OZ[5Kh1K; OC<?5\@mF%sR02ERFbqbOCT: @kA3C5\WV1W]<>Q?<?OfB5LdOJ1K4 <>@]Sr1; O<?56
@ /<>=UD D43IC!I
~ D D3IIlL5\3#=56N':% q1@8!<?O=8: 3C<?761KOC<?76:%<?= ~ D D3II DC ~ D D3ICI D43I `d5\OC<?; :
T5ZgOT: ~ D m IXO: 3CN OT: 3C:iL563:2;1@]; : Q?='OT:m ]D @ > D3IC!I ~ 6D m I!O: 3CNBqz1K@8n=C5
Z[:!1K3C:X@5/Q?56@S\: 3dZ+5633C<?: 821Wl56_O{OCT:: =CO<>N91O563WQ?5Z<?@SX_AmDN914 <?@S/1AA356A3<1OC:
1==C_NUAOC<?56@]=H1KWV5\_O[lI `tw=C<?N'<?Q13b13S6_NU: @ O%N^1fRWl:dN^1K8:d1Wl56_]O%=C5KLOCN91e'DZT<?;JT
S6: @]: 3J1KQ><? :.=G=<?S6N'5\<?8=OC59N^1K@ f/56_OA_OC=I!1;.OC<?761O<>5\@UL_@; O<?56@={L5\3d3C:.A3C: =: @ OC<?@v
S -\h
1; O<?56@'=OC5 ;TV1=OC<?;!=OC3J1KOC: S\<?: =`
] C elE -l C% F9Va W:.Q1KOC: 8UOC5XOCT:RQ1=O[Al56<?@ Oq\<L#Z[:!1K3C:dO14 <?@S[_]=CO56@]:d3J1K@85\N
R
Zz1KQ?4qKOCT: @9<?O+=C: : NU=[OTV1O+Z+:dN'<?S\TPO%1K=[Z+: Q?QOC3f/Q>:.OCOC<?@S: 76: 3f'@5 8:R5\@'OCT]:d3J1K@85\N
Zz1KQ?4/WV:/ 3 q]OC5US6: O{3C<?825L%5\@:!N'5\3C:R=C5\_3C;.:c5KLH761K3C<1@]; :!<?@956_3{: =CO<>N91O:6`+aTV1O{<>=q
3J1KOCT: 3+OCTl1@/;T5 56=<>@]SY1R=<?@S6Q?:8: A]OCLT 5X1O+3J1K@85\N 1K@8/OCT]: @'A<?;4 <?@Sc1R=<>@]S6Q?:@5 8:
3 1KO[OTV1O+8: AOT#qZ+:dNU<?S6T O%1=+Z[: Q?Q: @ _NU: 3J1KOC:{576: 31=+N^1K@PIf 5/1=+Z[:{;1@#q Q?: OOC<?@S
:1;T2@]5P8]:!56@956_]3d3J1K@85\NZ1Q?4'Wl:c 3 <?@Ô_3C@q1K@89OCT:.@2OJ1K4P<?@S/OT:/1AA356A3<1OC:
Z[:.<>S\T OC: 817\: 3J1KS6:6`@1M 1K@8wR<?N/_3J1B:.O`g1Q`{ =^1KQ>S\563<>OTN TV176:r1@<?; :
Zz1fU5L[8]56<?@S/OCT]<>=R1@8)5L[:';.<>:.@POQ?fÔ14 <?@S/;1K3C:X35L[> OT:!uWl \ 5P5\4 46: : A]<>@]SVqlW f^N914 <?@S
_=C:B5LX: Q?<>S\<?W<?Q><?OfBOC31; : =`gLc<?@8]: : 8 > } M \ 3 } Z+: 3:jWV5\_@8: 8qdOT: @
OCT:.<>3R: Q?<?S6<?W<?Q?<?Of/OC31; :/<?8:1K='D;.56_AQ?: 8BZ<?OCTBOCT:XOCT]:/_@8<?=C;.56_@ OC:.8mF%sR02ERFw<?8:1K=
OC5: @]=C_3:%pV@]<>O:%OC:.3CN'<?@V1KOC<?56@lIl; 56_Q?8RS6<?7\:H1K@56OT: 37P<1KWQ?:-S\3J1K8<?: @ O-1=; : @ O%1Q?S65\3C<?OCT]Nr`

j ooBR'&9,wp
@rOT<?=!tdA]AV: @]8<?erZ+:cS\<?76:/19OC31@=L563N^1O<?56@95Ld1@mF%sR02ERFoZ<?OCTBN/_Q?OC<?AQ?:/DW]_O

pV@<?OC:I[1K; OC<?56@]=%OC5/1!F%sR02ERFkZ<?OCT/W<?@V1K3Cf/1; O<>5\@=`baT]<>=3C: 8_]; OC<?56@9;1K@'Wl:d_=: 89OC5
<?N'N/: 8<1KOC: Q?fX: e OC: @8)56_3{3C: =_Q?OC={L563W]<>@l13Cf91; O<?56@2F%sR02ERFb=ROC5/N/_Q?O<>A]Q>:R1; O<?56@=
F%sR02ERFb=`
+56@=<>8]: 3d1XN/_Q?OC<?AQ?:d1;.OC<?56@2F%sR02ERFw uDb? c $ ; % O!I q\ZT: 3:ck<>=OT:
=C: O5Ld=CO1O: =q g<?=!OT:'=: OX; 5Ld1; O<>5\@=qb <?=!OCT]:'=CO13O!=CO1OC:\<q $<>=ROT:'O3J1@]=C<?OC<?56@
A3C5\WV1W]<>Q?<?Of/8<?=CO3C<?W_O<?56@#q <?={OCT:X3C: Z1382L_@; O<>5\@r1@]V
8 O<?=dOT:!56W]=C: 3761WQ?:X8<?=h

OC3<>W]_OC<?56@`#x5\3%=C<?NUAQ?<>;.<>Of{Z[:d1K=C;=_N':+OCTV1KOx 9] `-R<?7\: @Y Z+:8:pV@]:G1{@: Z

F%sR02ERFwo#gDC@ { % $R OR?I qlZT<?;T2Z+:c;1KQ?Q#OCT]:c: _<?761KQ>:.@PORF%sR02ERFn5L
`
j:=COJ1K3CO+W fc8:.=C; 3<>W]<>@]ScOT:d; 5\N'Al56@:.@PO=%5L-o`b <?@; :RoV<?=%Q?<?N'<?OC:.8cO5!W<?@V13f
1; O<?56@=q6Z+:d=: 0O d/
9] P`@ OC_<?OC<?7\: Q?fPq<?@/OT:ROC3J1K@=L563CN91O<>5\@cZ+:d8]<>7 <?8:d1=C<?@S\Q>:
-\hW<?Od1; O<>5\@9<>@2 O1
5 -9=C<?@S\Q>:RW<?OR1; O<>5\@=<?@ro`+@roZ[:Zz1K<>OO<?Q>QZ+:!TV17\:c1Q?Q
OCT: -/W<?O=[5KL#OCT:R1; O<>5\@#q ZT<?Q?:3C: ;.563C8]<>@]S/ OCw T : N <>@/OT:R=CO1OC:{<?@ L563N^1KOC<?56@#`x]563+OCT<?=
3C:1K=C5\@^Z+:!=: OGyuS %ZT: 3<: % B
91 `ty=CO1OC:X!2k<?=N^1O;T: 89OC5
1!=OJ1KOC:' \ `baT]:G@]: Z=OJ1K3COd=OJ1KOC:c " 6% C`
aT:c@]: Z O3J1@]=C<?OC<?56@L_@; O<?56V
@ $R<?=d; 5\@=CO3C_; O: 8jL56Q?Q?5Z<>@]Sc5\_3d<?8:1UOTV1O{:1;T
-\hW<?OG1;.OC<?56@2<?@r <?=RN^1KAAl: 89OC521/=: _: @; :U5L -=C<?@S6Q?:XW<?OG1K; OC<?56@]=d<?@o`RaT:
OC31@=<>O<?56@/L_@; O<>5\@9<>=+; 5\@=CO3C_; O: 8B=C_;T2OTV1O<?O+: @V1W]Q>:.=d_=O5/=COC5\3C:!OT:R=C<?@S\Q>:RW<?O
1; O<?56@=R<?@o_@ OC<?QbZ[:/TV17\:Y1KQ?Q -)W<?OC=`/aT<?=RAV13O!5LOCT]:/OC3J1K@=C<?O<>5\@2L_@; O<>5\@r<?=
8: O: 3CNU<>@]<>=OC<?;6`Rs{@; :/Z+:!TV176:/1Q?QOCT: -2W]<>O=qlZ+:cAl: 3L563CNOCT:X=J1KN':ROC31@=<?OC<?56@j1=
<?@`B09563:/L5\3CN^1KQ?Q>f\qVQ?: O/n=
% WV:919=CO3C<?@SB=C_;TkOCTV1KO^ -
> -'w`2x]563X1@ f

9] z1K@8'1@ fcBZ+:TV176:OTV17O $R . h h DC \J I#u!D1@8X : 35!L5\3%1@ fc=OJ1KOC:
56OT: 3bOCTV1K@2 6 I.`laT<?=%<?N'AQ?<?: =OCTl1Ob_@ OC<?QZ+:[Tl176:1Q?Q OCT: -W<?OC=%5KLOT:1; O<>5\@cZ+:
=CO563C:OCT: N<?@ÔT:X=COJ1KOC:X<?@ L563N^1KOC<?56@#q\1@82N914\:G8]: OC: 3N'<?@<?=CO<?;GO3J1K@=C<?OC<?5\@=`ds{@;.:
Z[:Tl176:1R=CO3C<?@S!5KL#Q>:.@S6O(T -26q\ZT: @/Z+:dAl: 3L5\3CNg1@]56OCT]: 3[1;.OC<?56@/<?@/oVZ+:TV176:
; 56NUAQ?: OC:.Q>fU=CAl: ; <pV: 8m
1 -\hW<?OG1;.OC<?56@2<?@rq1K@82Z+:c;1K@2: e : ; _]OC:'<?O`Gx]563N^1Q?Q?f6q Q?: O
%WV:/1/=OC3<>@]S'=C_];JTBOCTl1O'
-6`Rx5\3d1@ f
9] c1@8B1@ f2XnZ+:
z
.
TV176:{OCTV1KTO $R . h h D .% I-/
$ h D I `
sd_]3'; 5\@=CO3C_; O<?56@o5L $R{: @=_3C: =)OCTV1KO'OCT]: 3C:B<?=^1jN91O;JT]<>@]SrWl: OZ+: : @o: e : ; _ h
OC<?56@]=%<?@' 1@8'obDZT]: @9; 56@=<?8: 3C<?@SX<?@'oV:.eP:.; _OC<?5\@=OCTV1KO[:.@8'<?@/=C5\N':! \ I `
aT<?=/N^1KOC;T<?@S2<?='@]56O/56@]Q>fm156@:ihO5h56@:9N^1KAA<?@SlqbW_O^1KQ?=C5BOCT:2OZ+5jN^1KOC;T: 8
OC31 : ; O563<>:.=/TV176:UOCT:9=J1KN':UOC3J1K@=C<?O<>5\@mA356WV1KW<?Q?<>O<?: =`nDaT]:Ô3J1K@=C<?OC<?5\@mA356WV1KW<?Qh
<?Of25LG19O3J1 i: ; OC5\3Cfk<>=OCT:UA3C5 8_;.O/5Ld1Q?Q[OT:'Q?5 ;1KQ%OC31@=<>O<?56@jA356WV1KW<?Q><?O<>:.=q<` :6`?q
$ . h E D I.` I
aT:3C: Z138/L_]@; OC<?5\@ ; l<?=%=C:.O[O5! : 35c<?
@; O3J1K@=C<?: @ ; O\=CO1O: =q1K@8/OC5 ; 1O=COJ1KOCw : =
OCTV1KORN^1O;T2=CO1OC:.=c<?@j[Ù09563:/A3C: ;.<>=: Q?fPq . h h . h qZT: 3C: q
91 q
;
1@8 . h h -9q ZT: 3:cU

91 1@H8 $
> -hm]`
aT:56W=: 3C761KWQ?:%L_@; O<>5\@c<?=b=C:.O[=_;T/OCTV1KO-<?ObS6<?7\: =b@5R<>@ML563N^1O<?56@!1*O OC31@=<>:.@PO
=CO1OC:.=`[0563C:{L5\3CN91Q?Q?fP1q ORID M \JMI#u{L5631@ f^W/
< 1@]8 OED Q \% Iq
O/ED Q I.`
O[<?=:1K=Cf'O5c=: :!OTV1O+OCT:.3C:!<?=1XN^1O;T<?@SRWV: OZ+: : @)OCT:ROC31 : ;.OC563<?: =dS\: @: 31OC:.8
<?@ 1K@8roq1K@82OT:cO3J1 i: ; OC5\3C<?: =RTV17\:!OCT:X=J1KN':ROC31@=<?OC<?56@2A]3C56Wl1W<?Q?<?OC<?: =R` : O
rCWV:!1XO3J1 :.; OC5\3Cf9<?@ô`bj:d;1K@98: ; 5\N'Al56=C4
: rCOC5/=C:.P_]: @; : =R5KL-OCT]:RL563Nrq
D 6% w9% QI DC 6 C w9 I.

D \ m m
m w C P% v I
1;TB=C_;Tj=: _: @; :UZ[:XN^1KA2OC5jD6 m
m m v% QI<?@r`X+f2N^1KAA<?@S/:1K;Tj=C_;T
=C: _:.@; :!Z+:RN^1A/OT:!O3J1 :.; OC5\3C'f rCOC5'1OC31 : ; O563Xf r+<>@2Ò<?=:1=f'OC5/=: :!OTV1O
OCT:RO3J1@]=C<?OC<?56@9A356WV1KW<?Q?<>OfX5L rz<?@2 1K@895L rC<?@o<?=<?8: @ O<>;1Q`btdQ?=C5X@5\OC:!OTV1O
6
OCT:<?@ 76:.3C=C:{N^1KAA<?@SVqiL3C5\NOC3J1.: ; O563C<?: =r%<?@' OC5OC3J1.: ; O563C<?: =7rC]<>@'oq6<?=%_]@<?P_]:6`
wT: @9Z+:R3C:L:.3dOC5XOCT]<>=N91AA]<>@]S!Z[:R=1f'OCTl1O7rd1@8prC-13:RN^1O;T: 8#`
% gdgjv
Raq
6\; T MPi<JHKTMk uDb? c $ ; % O!I%?C{J\ 6IMPi<JHKTM
o%vD#@ { $ % OR?I ~Jk?6* {[
91 C/> l z mM /^ R6B?C
nX6~J]6 #%C ~\ m \nmo ~Jo?6X?B6 6
# #?>R {c\~/C ~6 \~ )~ >' \c?\o% w ?
)
j:cTV17\:/=CT5Z+: 8jOTV1ORL563c19F%sR02ERFyZ<?OTrN/_Q?O<>A]Q>:X1; O<>5\@=!OT: 3C:U: e <?=COC=/1@
: _<?761Q?: @ O-FsG0)EGF)OCTl1Ob_=C:.=%56@Q?fRW<?@V1K3Cf!1; O<?56@=`#{5ZmZ+:[@:.: 8/OC5R=CT]5ZjOCTV1KO-Z+:
;1@'1KQ?=C5XOC3J1K@=L563CNOT:d=OC3J1KOC: S\f/L356N56@]:GF%sR02ERFjO5!OCT]:G5\OCT:.3zF%sR02ERFb` R<?76: @
1R=CO3J1KOC: S\f^L563 Z[:R; 5\@=CO3C_; OR1@U: _<?761Q?: @ O%=CO3J1KOC: S\f^l56@9o`bL%9: e : ; _O: =
1; O<?56@ -m
m m B$
1 LOC:.3c5\W=C: 37 <>@]S2OC31 : ; O563fm#qOCT:.@l+: e : ; _O: =^1U=C:.P_]: @; :
5L -r1K; OC<?5\@= !O5 qb1LO: 3!56W]=C: 37P<?@S9O3J1 :.; OC5\3Cfm]qZT: 3:'+<?=ROCT:UOC3J1.: ; O563Cf
N^1KOC;T: 8UOC5/#`bj:R;1KQ>Q#lOCT:R=OC3J1KOC: S\f9OCTV1KO<>=+: _<?761Q?: @ OO5Yb`
% gdgjv
Ra cl \Go #J{w ?N MPi<JHKTM )VB6{l- #w ?]
6\ )<# rT#R6!C ~6.d! \ rC- c\~!C ~6 R!oy )I
# #?>R }r \+mc 6~X? # #?>!6 rC% \l%Xoa )
d5ZZ[:9@: :.8O5j=CT5ZOCTV1KO'OT:23C:.OC_3@w;1@o1Q?=C5jWl:2N^1K<?@PO1<?@: 8`m{: 3C:2Z+:
=CT5ZnOTV1O%<?O%T]56Q?8=L563%OZ+5!<?N'Al563OJ1K@PO3C: O_3C@9; 3<?OC: 3<1]bOCT:{_@8<?=; 56_@ O: 8'Wl56_@]8: 8
T563<? 56@23: OC_]3C@m1@]8rOT:/8<?=C; 5\_@ OC: 8B<?@ pV@<?O:cT5\3C<? 5\@r3: OC_3@#`Xj:cNU5 8<Lf/OCT:/Al1h
3J1KN': O: 3C==5/OCTV1KOOCT:R3C:.OC_3@25LbN^1O;T: 89OC31 : ; O563<>:.=d<?=<?8: @ OC<?;1KQ`
x5\3-OT:Wl56_@8]: 8'T5\3C<? 5\@c3: OC_3@'Z+:TV176:d1{AV1K3J1KN': O: 3 ZT<?;JT/<?=bOCT]:dT5\3C<? 56@
<?@'`bwT: @U3C_@@]<>@]SYoZ+:d_=:c1T563<>.56@'Al13J1KN': O: 3+5-L 9VB
-Dj`bO+<?=[:1=CfUOC5
=C: :OCTV1KON^1O;T: 8'O3J1 i: ; OC5\3C<?: ={TV176:R<?8: @ OC<?;1KQ3C: O_3C@`
x5\3!<?@ pV@<?OC:UT563<? 56@j8<?=; 56_@ O: 8n3C: O_3C@kZ[:UTV176:919AV131NU: OC: I3 jL563XOCT:U8<?=h
; 56_]@PO<?@S'<?@j`Yx]563! Z+:X8:pV@:' 6 `/t{SP1K<>@)<>OR<? =Rw : 1=frO59=C: :UOCTV1KOGOT:
3J1KOC<?52Wl: OZ[:.: @nOCT:U3C: O_3C@n5LdN91O;JT]: 8jOC31 : ; O563<>:.=/<>=9"D ]I DWV: ;1_=:2OCT:pV3C=O
3C: Z138/<?=[8:.Q;1f\: 8/W (f - rw =OC: A]=JI `L#8: =<>3: 89OCT<?=%8]<: 3: @; :R;1K@'Wl:dWl:d: Q?<?N'<?@V1KOC: 8
W f/3C: =;1Q?<?@S W fÎ1 L1K; OC5\3`
% gdgjv
Ra {6R6] C\\c~.> >{[~.> \cK#>] 66 l+#~J
6^w K>! 6X'yo( )f#d 62oI #^w K>P MPi<JLK4M )6
6!)269 wPK> 6\Rl#9d?XJiM~9CP.^6 dn'
M l # ?c./'X\> V?~6G~\ \" +6~#/>]!JiJ~JUC 96 zl
o" b#'?RCP.R ~\' >]{P]6 ~6 R &%6.k j6'\6 ~6
&%]R\ k j6 )
j:/Z[5\_Q?8jQ><?4\:cO5r@5\OC:/OTV1OXOCT:UOC31@=L563N^1O<?56@B;1@jWl:^1KAAQ?<?: 8m1Q?=C5)<>@jOT:
176: 31S\:h3: OC_]3C@9_@8<?=; 56_@ O: 82<?@ pV@<?O:GT]563C<? 5\@9;1=:6`
6

3

Uploaded by

Copyright:

Available Formats

You might also like

3

Uploaded by

Document Information

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

3

Uploaded by

Copyright:

Available Formats



      !#"!$&%'

; Q1==J9aT <?=+ _ : =CO<?56@9<?=z1K@V1Q?56S\56_ =+OC5XOCT]:G;.Q1K=C=<>;1Q _ : =OC<?56@95L 6V>X~6V?J\

j:%Wl: S6<?@!Z<?OCTXOCT]:[8 :ipV@ <?OC<?56@5L1DAV1K3COC<1KQ>Q?fR56W]=C: 3761W Q?:Ib021K3C4657{8 : ; <?=<>5\@cA]3C5 ; : ==q

w{ DCECEFHG(%  DCco l rU  VBR# !IGYy9Xd~6 

U6%bldcyfeV b  lhgj#CD 6PMPi<JHKTMm 6 \6Xkj! 6\ ?

F x  wF>k7w>RCwk>]y=>kw16PC>wCy.k>>-E>w>b 6w>><if>. >C>7PT (7%

k>>wP>Ck>5>w w>< > %RkCww>1w>w }k

QvO5NQTSjU9 C`bx 5\3:1;T9=CO5 ;JTl1=CO<?;!L_]@ ; OC<?5\@^B9cq]Z[:!8]:pV@ :c1X;.563C3: =CAl56@]8 <?@ S

6~6PMPi<JLK4M7#6]R>6A]dRDGI#J? H P\1C\c \/() C ~\

jvkX$"H,i<9ml6$"njmo*oU"%$@p',- .X9, qk

@ : : 8BOC59Q?5 56491OR56@ Q?f21/=<?@ S6Q?:!AV1KOCTB5L[Q?: @]S6OCTd?<?@2:1;TrO3C: :\q#; 5\3C3: =CAl56@ 8]<>@]S2OC5

ZT : 3(: v DlI%<?=OT :!3C:.OC_ 3@25LbOC3J1.: ; O563Cf2`

 @T0 ./2ND.h^fT(TH?4yD"O1.DD g6-

R  %d56O:ROCTV1KOTU\DlI%uDC \1RI$/DVI.q ZT : 3C:

(' @T0 R.De2ND.hVfTT6)+4yDWO1.DD?qg6

%gdgjga #k6 w~.>  j6 X ~ C\\  o%1C\~6

1 X @}A6B DdRDGIMQ>5\SVDE2I DE^%jQ?56SlD @<AB ICI%jQ?5\SVDC

C- } U W 7 }wk .<kw<} L 7}w1~kk{}

2h 6 {F >>Uy EkCC>C!

%gdgj!, aq\#J 6%6 X ~ C\\ .6%R%1C\~64MPi<JLK4M7

T 56Q?8 =RDZT]: 3C:!OT :!31@ 8 5\N'<?1KOC<?56@X<?=576: 3OT :R8 3J1Zo5L%OCT]: =I `

x _ @]; OC<?56@]d.E gj t` + A'V DX 6  lI

7V "  5h @>

q}wk{}w~w} 5 <25J{ <kC:5{6 6>{I<}wd}<k<}k} >}5 GF IH]].k

] v E\ 3{w@]5P8]:T? 55hX Q

=C52:1;Tv E 1KQ>=52TV1K=!WV5\_ @ 8 :.8m7613<1@ ; :\q-1K@ 8jT : @ ;.:^5\_ 3RpV@l1Q+: =CO<>N91O563!1Q?=C59TV1K=

x _ @]; OC<?56@]d.E gj p oRD CEb+ A'l#PDX  'q/%9I

q{}T 5 <k .C>Ct L>{I<}w

[_]O!OC521765\<?82Q?5P;1Q%N91e <?N'1 q <?ORN^1f21KQ>=5'Wl:'Z+563OCT ZT <?Q?:^(#6\656_ 3R; Q1==!5L

N^1f2Wl:213W <?OC3J1K3C<?Q?fjQ13CS\:6q[1K@ 8n=C5B56_ 3/:.=COC<?N91OC5\3cN91f2TV17\:1K3CW <?O3J13<?Q>fBQ13S6:9563

@rOT <?=!tdA]AV: @]8 <?erZ+:cS\<?76:/19OC31@ =L563N^1O<?56@95Ld1@mF%sR02ERFoZ<?OCTBN/_ Q?OC<?A Q?:/DW]_ O

OC3<>W]_ OC<?56@`#x 5\3%=C<?NUA Q?<>;.<>Of{Z[:d1K=C;=_ N':+OCTV1KOx 9]  `-R<?7\: @Y Z+:8 :pV@]:G1{@ : Z

1@ 8 . h h -9 q ZT : 3:cU

You might also like

!#"!$&%'

; Q1==J9aT<?=+ _: =CO<?56@9<?=z1K@V1Q?56S\56_=+OC5XOCT]:G;.Q1K=C=<>;1Q _: =OC<?56@95L 6V>X~6V?J\

j:%Wl: S6<?@!Z<?OCTXOCT]:[8:ipV@<?OC<?56@5L1DAV1K3COC<1KQ>Q?fR56W]=C: 3761WQ?:Ib021K3C4657{8: ; <?=<>5\@cA]3C5 ; : ==q

w{DCECEFHG(% DCcolrU VBR#!IGYy9Xd~6

U6%bldcyfeV b lhgj#CD 6PMPi<JHKTMm 6\6Xkj! 6\ ?

Fx wF>k7w>RCwk>]y=>kw16PC>wCy.k>>-E>w>b 6w>><if>.>C>7PT (7%

k>>wP>Ck>5>w w>< > %RkCww>1w>w}k

QvO5NQTSjU9C`bx5\3:1;T9=CO5 ;JTl1=CO<?;!L_]@; OC<?5\@^B9cq]Z[:!8]:pV@:c1X;.563C3: =CAl56@]8<?@S

6~6PMPi<JLK4M7#6]R>6A]dRDGI#J?H P\1C\c \/() C ~\

jvkX$"H,i<9ml6$"njmo*oU"%$@p',- .X9, qk

@: : 8BOC59Q?5 56491OR56@Q?f21/=<?@S6Q?:!AV1KOCTB5L[Q?: @]S6OCTd?<?@2:1;TrO3C: :\q#; 5\3C3: =CAl56@8]<>@]S2OC5

ZT: 3(: v DlI%<?=OT:!3C:.OC_3@25LbOC3J1.: ; O563Cf2`

@T0 ./2ND.h^fT(TH?4yD"O1.DD g6-

R %d56O:ROCTV1KOTU\DlI%uDC \1RI$/DVI.q ZT: 3C:

(' @T0 R.De2ND.hVfTT6)+4yDWO1.DD?qg6

%gdgjga #k6w~.> j6 X ~ C\\ o%1C\~6

1 X @}A6B DdRDGIMQ>5\SVDE2I DE^%jQ?56SlD @<AB ICI%jQ?5\SVDC

C- } UW7}wk .<kw<} L 7}w1~kk{}

2h 6{F >>Uy EkCC>C!

%gdgj!, aq\#J 6%6 X ~ C\\ .6%R%1C\~64MPi<JLK4M7

T56Q?8=RDZT]: 3C:!OT:!31@85\N'<?1KOC<?56@X<?=576: 3OT:R83J1Zo5L%OCT]: =I `

x_@]; OC<?56@]d.E gjt` + A'V DX 6 lI

7V " 5h @>

q}wk{}w~w} 5 <25J{ <kC:5{66>{I<}wd}<k<}k}>}5GF IH]].k

] v E\ 3{w@]5P8]:T? 55hX Q

=C52:1;Tv E 1KQ>=52TV1K=!WV5\_@8:.8m7613<1@; :\q-1K@8jT: @;.:^5\_3RpV@l1Q+: =CO<>N91O563!1Q?=C59TV1K=

x_@]; OC<?56@]d.E gjp oRD CEb+ A'l#PDX 'q/%9I

q{}T 5<k .C>CtL>{I<}w

[_]O!OC521765\<?82Q?5P;1Q%N91e <?N'1q<?ORN^1f21KQ>=5'Wl:'Z+563OCT ZT<?Q?:^(#6\656_3R; Q1==!5L

N^1f2Wl:213W<?OC3J1K3C<?Q?fjQ13CS\:6q[1K@8n=C5B56_3/:.=COC<?N91OC5\3cN91f2TV17\:1K3CW<?O3J13<?Q>fBQ13S6:9563

@rOT<?=!tdA]AV: @]8<?erZ+:cS\<?76:/19OC31@=L563N^1O<?56@95Ld1@mF%sR02ERFoZ<?OCTBN/_Q?OC<?AQ?:/DW]_O

OC3<>W]_OC<?56@`#x5\3%=C<?NUAQ?<>;.<>Of{Z[:d1K=C;=_N':+OCTV1KOx 9] `-R<?7\: @Y Z+:8:pV@]:G1{@: Z

1@8 . h h -9q ZT: 3:cU