01 GDL Priskaanug 647 1 Artikel .

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#292C:CG2&B@5:(!6A6B2G2D2? ()!6C!ECE>2EC252(EB2<2BD2

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"<)<=; 01,:);1 5-:=8)3)6 ;=)<= 376,1;1 )<)= 3-),))6 @)6/ 5-6//)5*):3)6 2=54)0 +)1:)6 ,)4)5
<=*=0 ;-;-7:)6/ -01,:);1 8),) :-5)2) ;-5)316 5-616/3)< 0)4 161 ,1;-*)*3)6 3):-6)3=:)6/6@)
376;=5;1 +)1:)6 8),) :-5)2) #=2=)6 =5=5 8-6-41<1)6 161 =6<=3 5-6/-<)0=1 ;<)<=; 01,:);1 8),)
:-5)2) 7*-;1<); ,)6 676 7*-;1<); " :1;<-6 "=:)3):<) #=2=)6 30=;=; 8-6-41<)1)6 161 =6<=3
5-6/-<)0=1 <16/3)< 8-6/-<)0=)6 8),) :-5)2) <-6<)6/ +)1:)6 ,)6 ;<)<=; 01,:);1 ,)6 .)3<7: @)6/
5-58-6/):=01;<)<=;01,:);1" :1;<-6"=:)3):<)
-6-41<1)6 161 5-6//=6)3)6 8-6-41<1)6 3=)41<)<1. ,-;3:18<1. ,-6/)6 ;<:)<-/1 )<)= ,-;)16 );-
"<=,@#-36138-6/)5*14)6;)58-4,14)3=3)65-6//=6)3)65-<7,-8=:87;1>-;)58416/6.7:5);1,):1
;=5*-: ,)<) 161 ,13=58=43)6 ,-6/)6 <-3613 ?)?)6+):) ,)4)5 8-6-41<1)6 3=)41<)<1. 30=;=;6@)
,14)3=3)6,)4)5*-6<=3@)6/,1;-*=<?)?)6+):)5-6,)4)5
);148-6-41<1)65-6=62=3)6:-5)2)@)6/7*-;1<);4-*10;-:16/5-6,)8)<3)6+)1:)6@)6/4-*10,):1
5)3)6 ,)6 516=5 <-<)81 ;<)<=; 01,:);1 5);10 <-:5);=3 3=:)6/ 3):-6) 3-*=<=0)6 +)1):)6 :-5)2)
@)6/7*-;1<);4-*10*)6@)3,):18),))6)3@)6/6767*-;1<);8),):-5)2)7*-;1<);,)8)<,1410)<,):1
;)58-4 =:16- ?):6) =:16 8-3)< ,)8)< ,1 410)< 5-4)4=1 3):<= $! @)6/ *-:):<1 3=:)6/ <-:01,:);1
,-6/)6 *)13 )<)= 3-3=:)6/)6 +)1:)6 "-,)6/3)6 8),) :-5)2) @)6/ 676 7*-;1<); ;)58-4 =:16-
5-6=62=3)6<-:01,:);1,-6/)6*)13-5-6=01);=8)6+)1:)6@)6/;-;=)1,-6/)63-*=<=0)6+)1:)6
<=*=0<-:=<)5)8),):-5)2)@)6/5-6/)4)517*-;1<);;=8)@)<1,)35-6/)4)51,-01,:);1
)<)=6+1;<)<=;01,:);1:-5)2)7*-;1<);6767*-;1<);

@,:)<176 ;<)<=; 1; ) +76,1<176 7: ) ;1<=)<176 ?01+0 ,-;+:1*-; <0- )57=6< 7. 419=1, 16 76-B; *7,@
-0@,:)<17616<--6)/-:;1;16+:-);16/,=-<7<0-1:4)+37.419=1,+76;=58<176 #0- /-6-:)4
7*2-+<1>-7.<01;:-;-):+01;<716>-;<1/)<-<0-0@,:)<176;<)<=;7.7*-;-)6,6767*-;-<--6)/-:;)<
0:1;<1)6 =617: "-+76,):@ "+0774 7. "=:)3):<) #0- ;8-+1.1+ 7*2-+<1>-; 7. <01; :-;-):+0 ):- <7
16>-;<1/)<- <0- <--6)/-:;B 367?4-,/- 4->-4 7. 419=1, )6, 0@,:)<176 ;<)<=; )6, <0- .)+<7:;
?01+0 16.4=-6+- <0- 0@,:)<176 ;<)<=; 7. <0- <--6)/-:; )< 0:1;<1)6 =617: "-+76,):@ "+0774 7.
"=:)3):<)
#01;:-;-):+0=;-,<0-,-;+:18<1>-9=)41<)<1>-:-;-):+05-<07,<0-+);-;<=,@,-;1/6#0-;)584-;7.
<0- :-;-):+0 ?-:-<)3-6 *@ =;16/ <0- 8=:87;1>-;)58416/ <-+0619=- #0- ,)<)7. <0- :-;-):+0 ?-:-
/)<0-:-,<0:7=/016,-8<016<-:>1-?
#0-:-;=4<7.<0-:-;-):+0;07?;<0)<<0-7*-;-<--6)/-:;/-<419=1,57:-419=1,.:75<0-.77,;)6,
,:163;<0-@+76;=5-*=<<0-1:0@,:)<176;<)<=;1;;<14447?);<0-1:419=1,6--,;1;4):/-:<0)6<0-676
7*-;-76-;#0-=:16-+747:7.<0-7*-;-<--6)/-:1;+47=,@);16,1+)<-,*@<0- $!+):,5-)616/
<0)<<0-@):-67<?-440@,:)<-,7:<0-@):-4)+37.419=1,-)6?014-<0-;)584-7.=:16-7.<0- 676
7*-;- <--6)/-:; ;07?; <0)< <0-@ ):- 0@,:)<-, ?-44 #0=; <0- <--6)/-:; ):- :-+755-6,-, <7 .=4.144
<0-1:419=1,16<)3-16)++7:,)6+-?1<0<0-1:419=1,*7,@6--,;8):<1+=4):4@<0-7*-;-76-;;7<0)<<0-
16+1,-6+-7.,-0@,:)<176?14467<7++=:
-@?7:,; @,:)<176;<)<=;7*-;-)6,6767*-;-

5:2=2>: @=69 2?2< K 2?2< B6>2;2 52?
)E3E9 >2?EC:2 52A2D 36BD292? =2?C:2 D6D2A: ;E82 3:C2 5:2=2>: @=69
C6=2>236B>:?88E>:?88ED2?A2>2<2?2? <2D68@B: EC:2 =2:??I2 )6B3E<D: 52B: 92C:=
D6D2A: 92?I2 52A2D 36BD292? C6=2>2 A6?6=:D:2? )96 ?5@?6C:2? '68:@?2=
3636B2A2 92B: D2?A2 2:B :B >6BEA2<2? I5B2D:@? (DE5I )'() 5: 3636B2A2
<@>A@?6? ED2>2 52B: C6>E2 CDBE<DEB C6= <@D25::?5@?6C:2C636C2BA6?5E5E<
52? >6BEA2<2? >65:2 <6=2?8CE?82? ?5@?6C:2 >6?82=2>: 569:5BC: B:?82?
AB@C6C >6D23@=:C>6 52? B62<C: <:>:2 ;E>=29 D6BC63ED =63:9 D:?88: A252 B6>2;2
52=2> DE3E9 82B AB@C6C >6D23@=:C>6 5:32?5:?8@B2?856G2C2
52=2> DE3E9 36B;2=2? 56?82? 32:< &6?6=:D:2?=2:?A252B6>2;22G2=5:@8@B
5:3EDE9<2? >2CE<2? 42:B2? C6D:2A 92B: >6?6>E<2? C636C2B B6>2;2
E?DE< >6?882?D:<2? 42:B2? I2?8 9:=2?8 >6?82=2>: 569:5B2C: B:?82? &B2I6D?@
&2B2>:D92
CEA2? 42:B2? I2?8

4E<EA ;E82 A6?D:?8 328: <6C692D2? 52? &B@I6<C: ,@B=5 62=D %B82?:D2D:@?
<6=2?8CE?82? 9:5EA D6B>2CE< >6?;282 ,%329G25:D29E?
2<2?D6B52A2D
7E?8C:@D2<"2GB6?46
>:=I2B @B2?8 I2?8 >6?82=2>:
:B 252=29 E?CEB ED2>2 52B: @F6BG:689D 52?
;ED2 @B2?8 56?82?

<69:5EA2? I2?8 5:3EDE9<2? DE3E9 282B @36C:D2CD9:42= :86CD
69:5B2C:
@B82?@B82? A6?D:?8 36B7E?8C: 56?82? 52A2D >6?;25: 72<D@B B:C:<@ D6B;25:?I2
32:< 2=2> <@?5:C: <6<EB2?82? 42:B2? @36C:D2C A252 2?2< 52? B6>2;2 2= :?:
I2:DE569:5B2C:DE3E9<:D22<2?>6?82=2>: 5:C6323<2? <2B6?2 252?I2
32?I2<82?88E2?7E?8C:@B82?I2?852=2> <6D:52<C6:>32?82? 6=6<DB@=:D 52=2> DE3E9
<62522? 36B2D2<2? 36B2<:32D 72D2= I2?8 >6>24E >6?:?8<2D<2? ?27CE >2<2?
)" ()
:B 2D2E 52? 2CEA2? >2<2? I2?8 <2I2 =6>2<
42:B2? DE3E9 >6BEA2<2? 328:2? ED2>2 C69:?882 2CEA2? 42:B2? 52=2> DE3E9 D6BEC
DE3E9 I2:DE
52B: 36B2D 3252? >6?EBE? 69:5B2C: A252 B6>2;2 @36C:D2C
@B2?856G2C2 2D2E
52B:328:2?DE3E9 >6?I6323<2?A6?EBE?2?7E?8C:52?>@@5
D2?A2 =6>2< =62? 3@5I >2CC (E?:D2 ;E82 >6?:?8<2D<2? <6=6=292? C69:?882

:B >6>AE?I2: 3636B2A2 7E?8C: DE3E9 >6?;25: =6>2C 52? >2=2C E?DE<
2?D2B2 =2:? E?DE< A6=2BED 52? 2=2D 36B2<D:F:D2C 7:C:< !63:2C22? >:?E>
2?8<EDC63282: <2D2=:C2D@B A6=E>2C C636=E> >2<2? 52A2D >6?;25: 2=D6B?2D:7
72C:=:D2D@B A6BDE>3E92? A6?82DEB CE9E 42B2 E?DE< >6?46829 569:5B2C: ;E82
DE3E9 52? A6B652> 36?DEB2? -E?:2CDED: C63282:D6B2A:A6?EBE?2?36B2D3252?A252

B6>2;2@36C:D2C
!EB2?8?I2<@?CE>C:2:BAED:9A252 2B: CDE5: A6?529E=E2? I2?8
B6>2;2 >6?;25: >2C2=29 8:J: B6>2;2 5:=2<E<2? A252 D2?882= 6C6>36B

<2B6?2B6>2;2B6?D2?>6?82=2>:569:5B2C: 56?82? >6=2<E<2? G2G2?42B2 <6A252
I2?8 5: 5:C6323<2? @=69 32?I2<?I2 C:CG2C:CG: @36C:D2C 52? ?@? @36C:D2C 5:
2<D:F:D2C 7:C:< I2?8 >6?8EB2C D6?282 52? (#& !B:CD6? (EB2<2BD2 5:52A2D<2? 52D2
;E82 42:B2? DE3E9 69:5B2C: 252=29 A252 2?2< @36C:D2C >6?52A2D<2? >2CE<2?
<69:=2?82? 42:B2? DE3E9 I2?8 36B=63:92? 42:B2? 56?82? <63:2C22? >:?E> I2?8
<2B6?2 A6?882?D:2? 42:B2? I2?8 D:52< C6B:?8 2D2E <2=: A6B 86=2C 52=2> C692B:
4E<EA2<:32D2CEA2?I2?8D:52<>6>6?E9: &252 2?2< B6>2;2 ?@? @36C:D2C
<63EDE92? DE3E9 52? D6B;25: A6?:?8<2D2? >6?52A2D<2? >2CE<2? 42:B2? I2?8 ;2B2?8
A6?86=E2B2? 2:B )96 ?5@?6C:2? I2:DE 86=2C A6B92B: 2B: 52D2 I2?8 5:
I5B2D:@? '68:@?2= (DE5I )'() 52A2D 52A2D >6?E?;E<<2? 329G2 B6>2;2
>6?I2D2<2? 329G2 @B2?8 56G2C2 56?82? @36C:D2C =63:9 C6B:?8 >6?52A2D<2?
>6?82=2>: <EB2?8 2:B D:?8<2D B:?82? >2CE<2?42:B2?A252 B6>2;2?@?@36C:D2C
!92:BE?:CC2
!69:=2?82? 42:B2? ;2B2?8>6?52A2D<2?>2CE<2?42:B2?D6D2A:
DE3E9 2D2E 569:5B2C: :?: =63:9 C6B:?8 52B:B6>2;2I2?8>6?82=2>:@36C:D2C52?

?@? @36C:D2C 36=E> 5:<6D29E: 3282:>2?2 (6A6BD: I2?8 5:E?8<2A<2? @=69 3636B2A2
56?82? CD2DEC 9:5B2C:?I2 2A2<29 56?82? A2BD:C:A2?C63282:36B:<ED
@36C:D2C 52A2D >6?E?;E<<2? CD2DEC 9:5B2C:
I2?8 4E<EA 5:32?5:?8<2? 56?82? B6>2;2 C;<)<=; 01,:);1 1<= 3-3=:)6/)6 )1:
?@?@36C:D2C56?82?252?I2<EB2?852=2> 5*)3D
>6>6?E9:<63EDE92?42:B2? C3=:)6/ <)= 5*)3 ;)@) 3)4)=
#6?46B>2D: >2C2=29 5: 2D2C ,-01,:);1 1<= ;-<)0= ;)@)
A6?6=:D: 36B>2<CE5 >6=2<E<2? 3-3=:)6/)6+)1:)6D
A6?82>2D2? D6B9252A CD2DEC 9:5B2C: A252 C01,:);1 1<= ;-8-:<1 3-+)8-3)6
B6>2;2 56?82? @36C:D2C 52? ?@? @36C:D2C 5*)33-3=:)6/)6+)1:)6D

56?82? <63:2C22? A6>6?E92? <63EDE92? C01,:);1 1<= ;-8-:<1 3-+)8-3)6
42:B2? I2?836B3652 5*)33-3=:)6/)6+)1:)6D
C;<)<=; 01,:);1 5-6=:=< ;)@) 1<=
=055 3-3=:)6/)6 +)1:)6 )<)=
&6?6=:D:2? :?: >6?88E?2<2? 3-+)8-3)6@)5*)3D &

A6?6=:D:2? <E2=:D2D:7 56C<B:AD:7 56?82?
CDB2D68: 2D2E 56C2:? L2C6 (DE5IM <2B6?2 ( :B 252=29 E?CEB I2?8 D:52< 52A2D
A252 52C2B?I2 C6>E2 36?DE< A6?6=:D:2? 5:A:C29<2? 52B: <69:5EA2? >2?EC:2
<E2=:D2D:7 >6BEA2<2? CDE5: <2CEC 29<2? 52A2D 5:A2CD:<2? D2?A2
&6?6=:D:2? :?: 36BDE;E2? E?DE< >6?86D29E: A6?86>32?82? CE>36B 52I2 2:B C642B2
A6?86D29E2? 52? CD2DEC 9:5B2C: A252 <@?C:CD6? A6B25232? >2?EC:2 D:52< 2<2?
B6>2;2 @36C:D2C 52? ?@? @36C:D2C >6?42A2: D:?8<2D I2?8 5:?:<>2D: C2>A2:
&6?6=:D:2? 5:=2<E<2? 5: (#& !B:CD6? C22D :?: :B >6BEA2<2? C6?I2G2 6C6?C:2=
(EB2<2BD2(EB2<2BD2 I2?8 5:A6B=E<2? E?DE< 9:5EA C692D :B
2D2E42:B2?DE3E9>6BEA2<2?328:2?ED2>2
DE3E9567:?:C:2:B:?:5:D6B2A<2?A25292C:=
$ - *$( )**+) () A6?6=:D:2? I2?8 >6?E?;E<<2? 329G2
**+) () 69:5B2C: 5:567:?:C:<2? C 552B:36B2D>2?EC:2D6B5:B:52B:2:B
C63282: <62522? 5:>2?2 D6B;25:
<6<EB2?82? 2:B 52? 6=6<DB@=:D DE3E9 I2?8 (6A6BD: I2?8 5:E?8<2A<2? @=69 3636B2A2
52A2D 36B2<:32D C6B:EC 52? 36BA@D6?C: A2BD:C:A2?
>6>2D:<2?
(D2DEC 9:5B2C: 252=29 CE2DE <@?5:C: C+)1:)6 1<= ),)4)0 176 ,)4)5
2D2E<62522?I2?8>6?882>32B<2?;E>=29 <=*=05*)3D

42:B2? 52=2> DE3E9 C6C6@B2?8 (6D6=29 5: C=055 +)1:)6 1<= 516-:)4 @)6/ ,1
<6D29E: 52B: 92C:= G2G2?42B2 A2BD:C:A2? ;-:)8 74-0 <=*=0 5)6=;1) 5*)3D
>6?8E?<2A2<2? A6?86D29E2??I2 329G2
CD2DEC 9:5B2C: <EB2?8 :DE >6BEA2<2?
<6<EB2?82? 42:B2? &252 52C2B?I2 D6=29 :52A2D<2?A6?86BD:2?42:B2?2D2E
C6CE2: 56?82? A6?86BD:2? >6?EBED 2:B52=2>DE3E9I2:DE42:B2?>6BEA2<2?2:B
)9@>AC@? #2?@B6 +2E82?
5: E?DE< >:?E> I2?8 >6?82?5E?8 :@? 52?

<ED:A @=69 2B5:?CI29
>6?82D2<2? >:?6B2= (652?8<2? >6?EBED (E?2BI@

569:5B2C: <62522? 5:>2?2 D6B;25: 5<<
2:B>6BEA2<2? :B252=29E?CEB
<6<EB2?82? 2:B 52? 6=6<DB@=:D DE3E9 I2?8 I2?8 D:52< 52A2D 5:A:C29<2? 52B:
52A2D 36B2<:32D C6B:EC 52? 36BA@D6?C: <69:5EA2? >2?EC:2 29<2? 52A2D
>6>2D:<2? 52? C6CE2: 56?82? A6?86BD:2? 5:A2CD:<2? D2?A2 A6?86>32?82? CE>36B
>6?EBED &B2I:D?@
>6?82D2<2? 52I2 2:B C642B2 <@?C:CD6? A6B25232?
CD2DEC 9:5B2C: 252=29 CE2DE <@?5:C: 2D2E >2?EC:2D:52<2<2?>6?42A2:D:?8<2DI2?8
<62522? I2?8 >6?882>32B<2? ;E>=29 5:?:<>2D: C2>A2: C22D :?: >6?EBED
42:B2?52=2>DE3E9C6C6@B2?8 2B5:?CI29
:B >6BEA2<2?

C6?I2G2 6C6?C:2= I2?8 5:A6B=E<2? E?DE< (63282: A6=2BED >:?6B2= F:D2>:?
9:5EA C692D 52? >6?EBED (EB:A:?
2C2> 2>:?@ 8=E<@C2 52? J2D 8:J:

67:?:C: 2:B :?: 5:D6B2A<2? A252 92C:= =2:??I2
A6?6=:D:2? I2?8 >6?E?;E<<2? 329G2 =2D 5:CDB:3EC: 52? DB2?CA@BD2C:
C 552B:36B2D>2?EC:2D6B5:B:52B:2:B 36B3282:J2D8:J:52=2>DE3E9
#65:2 E?DE< 6=:>:?2C: D@<C:? AB@5E<
+%) (% *+ ( &6B?I2D22? C:C2>6D23@=:C>6C6BD2

A2BD:C:A2? 5: 2D2C 7E?8C: 42:B2? 2?D2B2 =2:? (63282:A6?82DEBCE9EDE3E9
>6?I682B<2? DE3E9 >6=682<2? 529282
>6?2>329CD2>:?242:B2?C63282:CE>36B +$( (*+ (%*++ &2BD:C:A2?
6?6B8:E?DE<52A2D36B2<D:7:D2C42:B2?;E82 >6?8E?8<2A<2? CE>36B 2:B 52=2> DE3E9
E?DE< >6?;282 <6C6:>32?82? 2D2E 42:B2? DE3E9 :DE 36B2C2= 52B: 2:B I2?8
>6>A6B=2?42B 3E2?8 2:B 36C2B 52? 5: <@?CE>C: 6B:<ED E?8<2A2? 52B:
>6?882?D:<2?42:B2?I2?89:=2?8 A2BD:C:A2?
6B:<ED3636B2A2E?8<2A2?52B:A2BD:C:A2?
C3)4)=;=5*-:)1:@)6/),),)4)5
C.=6/;1 )1: 1<= =6<=3 5-6@-/):3)6 <=*=0 1<= ,):1 )1: @)6/ 31<)
<=*=0 5-6)5*)0 ;<)516) *=)< 516=5D
5)6,1 2=/) 5*)3 0-0--D C ;=5*-: )1: ,):1 <=*=0 31<) @)1<=
,):1)1:516=5D

C.=6/;1 +)1:)6 *)/1 <=*=0 1<=
;=8)@)*1;)*-:3<1.1<);D #6?EBED JE=26<29

C.=6/;1+)1:)6;=5*-:-6-:/1*)/1 :C2>A:?8 CE>36B 2:B I2?8 ?I2D2 36BEA2
<=*=0D
2:B 52? >:?E>2? =2:? 92>A:B C6>E2
C;-<)0= ;)@) .=6/;1 +)1:)6 =6<=3 >2<2?2? >6?82?5E?8 2:B (6328:2? 36C2B
5-62)/) 3-;-15*)6/)6 3E29 52? C2IEB2? >6?82?5E?8 C2>A2:
5-58-:4)6+): *=)6/ )1: 2:BC652?8<2?528:?82I2>52?:<2?
*-;):D >6?82?5E?8
K
2:B 292?
C.=6/;1 +)1:)6 1<= =6<=3 >2<2?2? 2=2>: >6?82?5E?8 2:B

5-4-/)3)6 ,)0)/) =6<=3 )E3E9 2<2? >6>A6B@=69 2:B I2?8 36B2C2=
5-6//)6<13)6 +)1:)6 @)6/ ,1 52B: >:?E>2? C6A6BD: 2:B >:?E> ;EC
,)4)5<=*=0D >:?E>2? <2=6?8 CECE 52? C6=2:? :DE
36B2C2= 52B: >2<2?2? A252D C6A6BD: ?2C:
E?8C: 2:B 2D2E 42:B2? 328: DE3E9 C2IEB 52? 3E29(6=2:? 52B: >2<2?2? 2:B
>2?EC:2 I2?8 D6=29 5: E?8<2A<2? @=69 ;E82 5:92C:=<2? 5: 52=2> DE3E9 C63282:
A2BD:C:A2? 7E?8C: 42:B2? 328: DE3E9 :DE 92C:=>6D23@=:C>66?6B8:
CEA2I2 3:C2 36B<D:7:D2C CE>36B 6?6B8: (E>36B 2:B >6BEA2<2? 52B:
328: 7E?8C: 42:B2? E?DE< >6?;282 >:?E>2? I2?85:<@?CE>C:C652?8<2?5:
<6C6:>32?82? >6>A6B=2?42B 3E2?8 2:B 52A2D<2? 92C:= CE>36B 2:B 2D2E 42:B2?
36C2B E?DE< >6?882?D:<2? 42:B2? I2?8 5: 52=2> DE3E9 *?DE< CE>36B 2:B C6?5:B:
52=2> DE3E9 C6CE2: 56?82? D6@B: >6?EBED 36B2C2=52B:2=2>>6BEA2<2?CE>36B2:B5:
2B5:?CI29
2:B>6>AE?I2:A6B2?2? =E2BDE3E9C6A6BD:A68E?E?82?52?G25E<
A6?D:?852=2>DE3E9>2?EC:2I2:DE 6=E> C6CE2: 56?82? D6@B: 5:>2?2?
(63282: A6?8:C: C6D:2A B@?882 32:< CE>36B 2:B 2D2E 42:B2? DE3E9 >6?EBED
5:52=2> C6= >2EAE? 5: 2?D2B2 C6= JE=26<29
CE>36B 2:B I2?8 ?I2D2

DE3E9 36BEA2 2:B 52? >:?E>2? =2:? 92>A:B
(63282: 328:2? 52B: 42:B2? DE3E9 2D2E C6>E2>2<2?2?>6?82?5E?82:B
A6>36?DE< <@>A@?6? DE3E9 I2?8
36BEA2 42:B2? C6A6BD: 52B29 9@B>@? % )!% ) (% #$ *++ 6?:C
6?J:>52?=2:??I2 ;6?:C42:B2?52B:52=2>DE3E9I2:DEC6A6BD:

<6B:?82D 2:B =:EB 2:B >2D2 52? EB:? E?DE<
;6?:C 42:B2? 5: =E2B DE3E9 A2BD:C:A2? C8-:4= 5*)3 5-6=:=< ;)@)
>6?I63ED<2? 252 2:B AED:9 6B:<ED ;=8)@) <1,)3 /)58)6/
E?8<2A2?52B:A2BD:C:A2? ;)31<D
C 8-:4= 5*)3D 3):-6) *1): 31<)
C*1;)3)@)33-:16/)<)1:5)<))1: <1,)3;)31<D

41=:3)4)=,):14=):<=*=01<=),) C5-6=:=< ;)@) 8-:4= 5*)3D
)1:8=<10@)6/,1516=55*)3D 4);)68):<1;18)6C@)5-6=:=<
;)@) 8-:4= ,1 +-/)0 3):-6) 3)4)=
5-6/)4)51 01,:);1 3=:)6/ ):<16@)
C2-61;2-61;+)1:)6,)4)5<=*=0
3-3=:)6/)6 +)1:)6 ,)4)5 <=*=0
@)6/;)@)3-<)0=1)1:3-:16/)<)1:
3)4)=<1,)3,1+-/)0)3)65-4-5)0
41=:)1:5)<)=:16D
<=*=06@)D
)E3E9 >6>A6B@=69 2:B 52B: C@) 8-:4= ,1 +-/)0 5*)3 3)4)=
<@?CE>C: >2<2?2? 52? >:?E>2? C6BD2 ;-;-7:)6/ 5-6/)4)51 ;<)<=;
92C:= >6D23@=:C>6 C652?8<2? 2:B <6=E2B 01,:);1 3=:)6/ 1<=D 4);)6
>6=2=E:A6B?272C2?<E=:D8:?;2=EB:?52? 8):<1;18)6 C @) 8-:4= ,1 +-/)0
C2=EB2? A6?46B?22? 76C6C CD:>2C: D@D2= 5*)3 3)6 3)4)= 3-3=:)6/)6
<69:=2?82? 2:B 52B: 3EDE9 A252 @B2?8 +)1:)6 2),16@) 4-5); 8-:4= ,1
56G2C2 2<D:7:D2C B:?82? C636C2B

K +-/)0 ;=8)@) <1,)3 4-5);

>=A6B92B: 6?:C;6?:C42:B2?I2?85: 6)6<1D

<6=E2B<2?DE3E9252=29 <6B:?82D2:B>2D2
52? EB:?6 (E529 C6A6BD: I2?8 5: <2D2<2? 69:5B2C: 5:567:?:C:<2? C63282:
>6?EBED,%
(6D6=295:=:92D52B: <62522?5:>2?2D6B;25:<6<EB2?82?2:B52?
92C:= G2G2?42B2 >6?82D2<2? ;6?:C;6?:C 6=6<DB@=:DDE3E9I2?852A2D 36B2<:32DC6B:EC
42:B2? I2?8 5: <6=E2B<2? DE3E9 >6=:AED: 52? 36BA@D6?C: >6>2D:<2?
<6B:?82D 2:B >2D2 2:B =:EB 52? EB:?6 )9@>AC@?#2?@B6 +2E82?

A2BD:C:A2? >6?8E?8<2A<2? C6CE2: C6CE2: I2?8 5: <ED:A @=69 B5:?CI29

>6?EBED,%
C652?8<2?2:BAED:9 69:5B2C:E>E>?I2D6B;25:2<:32D@=29B282
C:BEA 52? <642A D6B>2CE< ;6?:C;6?:C 36B2D <6B;2 36B2D2D2E 6<A@C6 A252 D6>A2D
42:B2? 52B: =E2B DE3E9 ;25: 36=E> C6CE2: 56?82? CE9E D:?88: 5:>2?2 <6>E5:2?
>6?EBED ,%
92C:= >6D23@=:C>6 DE3E9 <69:=2?82? 36B2D3252? C642B2 ?I2D2

C652?8<2? 2:B <6=E2B >6=2=E: A6B?272C2? >6=2=E: A6?86=E2B2? 2:B I2?8 36B=63:9
<E=:D8:?;2=EB:?52?C2=EB2?A6?46B?22? 32:<52=2>36?DE<<6B:?82D>2EAE?E2A2:B
76C6C 52B:A6B?272C2?
(6D6=29 5: =2<E<2? G2G2?42B2
(#+%%, '%% )**+) () C642B2 36B<2=2 A6B=E 5:=2<E<2?
&6B=E 5:=2<E<2? A6?468292? D6B9252A A6?468292? CEA2I2 D:52< D6B;25: CD2DEC
CD2DEC 9:5B2C: <EB2?8 2D2E 442:B2? 52=2> 9:5B2C: I2?8 <EB2?8 A252 DE3E9 <2B6?2
DE3E9 <EB2?8 A252 C6C6@B2?8 <2B6?2 <6<EB2?82? 42:B2? 3:C2 >6?I6323<2?
2A23:=2 CD2DEC 9:5B2C: <EB2?8 DE3E9 52A2D DE3E9 >6?;25: =6>29 D:52< 52A2D
>6?82=2>:=6>2C 82>A2?8 C2<:D C69:?882 36B2<D:F:D2C 52? 3:C2 >6?I2323<2? DE3E9
D:52<52A2D36B2<D:F:D2C6B:<EDE?8<2A2? >6?82=2>:C2<:D
3636B2A2A2BD:C:A2?
$'")**+) () "+(% 2>A2<
C01,:);13=:)6/1<=8-:4=,1+-/)0 2A23:=2 >6?82=2>: CD2DEC 9:5B2C: <EB2?8
5*)33):-6)3)4)=3-3=:)6/)6)1: 2D2E<6<EB2?82?42:B2?I2:DEDE3E9=6>2C
*1;) 4-5-; 3)4)= 4-5-; 6)6<1 /)3 <6A2=2 AEC:?8 82>A2?8 42A6< 3:3:B
*1;) *-:)3<1.1); )8))8) 6)6<1 <6B:?8 AE42D 52? DE3E9 A2?2C C2>A2:
5*)3D

>6?8:8:= 6B:<ED E?8<2A2? 52B: 3636B2A2 A2BD:C:A2? 36B2D 3252? C6>2<:? 32?I2<
A2BD:C:A2? <63EDE92? 42:B2? >2<:? >6?:?8<2D
(6A6BD: I2?8 5:E?8<2A<2? @=69 3636B2A2
C=05 3)4)= 5-6=:=< ;)@) A2BD:C:A2?
3-3=:)6/)6 +)1:)6 1<= *1);6@)
+)8-38=;16/4-5-;5*)3D
C5-6=:=< ;)@) @) *-:8-6/):=0
C8-:6)05-6/)4)5101,:);13=:)6/ 5*)3 @)) 6)6<1 3)6 3)4)=
5*)3 ,=4= ?)3<= ;)31< <18-; ,1 3-3=:)6/)6 +)1:)6 2),16@)
:=5)0 ;)31< @)6/ ;)@) :);)3)6 /)58)6/3-+)8-3)65*)3D
8)6,)6/)6 3)*=: 3)@)3 C*-:8-6/):=0 3)4)= 5-6=:=< ;)@)
*-:3=6)6/3=6)6/ 8=;16/ 4-5-; 5*)3 3)4)= 51;)46@) *-:)< *),)6
*1*1: ;)@) :);)6@) 3-:16/ 5*)3 *-:4-*10 6)6<1 +)1:)6 /)58)6/
<:=;;-,131<8=+)<D *-:3=:)6/D

C@)6/ ;)@) :);)3)6 1<= 8=;16/ C5-6=:=< ;)@) *-:8-6/):=0
<:=; 8)6); *1;) 5-6//1/14 2=/) 5*)3D 4);)6 8):<1;18)6 C
5*)3D&
5-6=:=< ;)@) <-:/)6<=6/ *-;):
<=*=0 31<) )3)6 ,1;-;=)13)6
69:5B2C:A252D:?8<2DC2?82D36B2D ,-6/)6 3-*=<=0)6 +)1:)6 @)6/
52A2DD6B;25:52=2>G2<DEC2?82D46A2D52? 5);=38),)<=*=031<)D
C2?82D 36B3292I2 <2B6?2 52A2D C5-58-6/):=01 5*)3D =2C2?
>6?:?8<2D<2? CE9E DE3E9 >6?I6323<2? A2BD:C:A2? C@)3)4)=7:)6/6@)
8282= 8:?;2= 52? 2<9:B?I2 <6>2D:2? /-5=3 3)6 +)1:)66@) *)6@)3
>6?EBED 2B5:?CI29
)2?52D2?52 5*)3 3)4)= 7:)6/6@) 3=:=; 1<=

I2?8 5: D:>3E=<2? <69:=2?82? 36B2D 3252? 3)6 +)1:)66@) ;-,131< 5*)3D
<2B6?2 2:B B2C2 92EC I2?8 <E2D
<69:=2?82? 4:D2 B2C2 A6B2C22? D:52<
?I2>2? !69:=2?82? 36B2D 3252?
<2B6?22:B>E=ED <6B:?8A6?86=E2B2?EB:?6 )+%) )")+# :C7E?8C: C6<CE2=
36B<EB2?8 36<6B;2 52? <@?C6?DB2C: =63:9 C63282: 2<:32D 52B: <@?5:C: <6<E2D2? I2?8
CE=:D <E=:D >6B2C2 A2?2C 86>6D2B D:52< >6>E?8<:?<2? 52? <@?5:C: 3252?
36B=63:92? D:52< C232B >6?82?DE< I2?8 D:52< C692D :C7E?8C: C6<CE2=
>E?D29<6D:52<CD23:=2?6>@C:!69:=2?82? 5:E?8<2A<2? @=69 =:>2 A2BD:C:A2? (6A6BD:
36B2D 3252? <2B6?2 2:B I2?8 5:E?8<2A<2? @=69 3636B2A2
A6?:?8<2D2? CE9E DE3E9 A6?:?8<2D2? A2BD:C:A2?
56?IED ;2?DE?8 52? A6B?272C2? AEC:?8
C6C2< ?272C 3:42B2 D:52< =2?42B %D@D L16;@)44)0 5*7<-6 ;)5) ;-3)41
=6>29 3:3:B >6>3:BE !69:=2?82? 36B2D ;=,)0 <1,)3 5*)3 3)4)= ;)@)
3252? <2B6?2 2:B <6;2?8 6/-:);)16+)8-35*)3D &

36B92=EC:?2C: =:529 36?8<2< L=,)0 6//)3 *1;) =,)3 6//)3
<6C6:>32?82? 52? C:B<E=2C: I2?8 =6>29 ,14)3=3)6 7:)6/ 1;<:1 2=/) 6//)3
<68282=2?8:?;2=>6?EBE??I2F@=E>652? ),),1;1613)4)=8=6),);)@)2=/)
D6<2?2?52B29 D9@>C@?#2?@B6
5: 6//)3 5*)3 +)8-3 6//)3 ),)

<ED:A@=692B5:?CI29
/)1:)0;)5);-3)41)6<16@)<)3=<
;-;-3D &

$( &) *)
%(+ ) *) *(' )**+) -E?:2CDED:
>6?I2D2<2?
() @36C:D2CC 36BA6?82BE9 D6B9252A 329G2 2:B >6BEA2<2? C6328:2? 36C2B J2D
CD2DEC 9:5B2C: C6C6@B2?8 C6A6BD: I2?8 5: A6>36?DE< DE3E9 >2?EC:2 )6B82?DE?8
E?8<2A<2?A2BD:C:A2? 36B2D3252?36B=63:9 ;E>=29 =6>2< I2?8 D6B52A2D 52=2> DE3E9
>E529 42A6< 52? I2?8 5: E?8<2A<2? AB@A@BC: 2:B :?: 36B3652 2?D2B @B2?8 &252

@B2?886>E<A6B32?5:?82?2?D2B22:B52? (6A6BD: I2?8 5:E?8<2A<2? @=69 3636B2A2
=6>2< C6<:D2B
36B32?5:?8
&252 A2BD:C:A2?
AB:2 ?@B>2= A6B32?5:?82??I2 2?D2B2

36B32?5:?8 &252 @B2?8 <EBEC C3)4)= ;)@) ;-6,1:1 516=5 ,)4)5
A6B32?5:?82?D6BC63ED252=2956?82? ;-0):1 *1;) ;)58)1 /-4); 4-*10
(2=29 C2DE 7E?8C: 42:B2? 52=2> DE3E9 5*)3D
252=29 A6?82DEB CE9E (6>2<:? =E2C C;)@) *1);)6@) /-4); 5*)3
A6B>E<22? DE3E9 C6>2<:? 36C2B 3=:)6/ 4-*10 ,)4)5 ;-0):1D
<69:=2?82? A2?2C >6=2=E: <E=:D "6>2< 5: !@?CE>C: 2:B AED:9 C ;-:16/
32G29<E=:D36BA6B2?C63282:3292?:C@=2C: 5*)3 ;-31<):
,)4)5 /-4);
I2?8 >6?8EB2?8: <646A2D2? A2?2C 9:=2?8 ;-0):1D 16=5)6 ;-4)16 )1: 8=<10
52B:DE3E9>6?EBED=>2DC:6B
@)6/ ;-:16/ ,1 376;=5;1 C@)0

(6D6=29 5: =2<E<2? G2G2?42B2 ;-4)16 )1: 8=<10 ;)@) ;-:16/
5:52A2D<2? 92C:= 329G2 @36C:D2C 516=5 <-0 8)6); )<)= <-0 *7<74
36BA6?82BE9 D6B9252A CD2DEC 9:5B2C: ,)6 516=5)6 4)166@) @)6/ ;-:16/
@36C:D2C 36BA6?82BE9 D6B9252A CD2DEC ,1 2=)4 ,1 ?):=6/?):=6/ ;-374)0
9:5B2C:<EB2?8<2B6?236B2D3252?36B=63:9 5*)3D
42:B2? >E529 36B<EB2?8 36C2B DE3E9 5: C3=:)6/ 4-*10 /-4); ;-0):1
C6CE2: 56?82? <63EDE92? 42:B2? I2?8 5*)3D 6?:C>:?E>2?I2?8C6B:?8
>2CE<2B: 92C:= 52D2 @3C6BF2C: 527D2B 5: <@?CE>C:C@) )1: 8=<10 <)81
42:B2? >2CE< 52=2> ;2> 52? C2>A6= 3),)6/ 87+):1;?--< 3)4)= 8)/1
EB:? A2BD:C:A2? 52A2D 5: <6D29E: 92C:= ;-*-4=5 *-:)6/3)< ;-374)0 ;)@)
<63EDE92? 42:B2? C6CE2: 56?82? BE>EC ;-:16/516=5;=;=D

A6?89:DE?82? <63EDE92? 42:2B2? >6?EBED C*)6/=68)/1,=)/-4);,1;-374)0
B2?D 52? 6 @@8 I2?8 5: <ED:A 3=:)6/4-*10-58)</-4);3),)6/
@=69 2B5:2?CI29
:B I2?8 3),)6/,1;-374)0516=56@)<-0,1

5:3EDE9<2?252=29
>= <8E?DE<
<8 :=5)0 ;-:16/6@) )1: 8=<10 ,)6
A6BD2>2
>= <8E?DE<
<8 ;=;= 3)4)= ;=;= ;-<1)8 0):1 5*)3
36B:<ED?I252?
>= <8 3)4)=5)3)6)6@)6/;-:16/;-8-:<1
6);1 ;)@=: )@)5 5*)3 4)=36@)
$ ( "*&( ,% $$'%(+ 770 1@) <),1 8)/1 ;)@) 516=5
)**+) () -6-:/-6 ;)5) *=)06@) ;-5)6/3)
&# )+'% "%% % %+$% 5*)3D
(' **+) () &252 52CB?I2 C;)@) *1);6@) /-4); ;)2)
>:?:>2= 86=2C =:D6B 42:B2? 5*)3D
5:B6<@>6?52C:<2? E?DE< 5:>:?E> 52=2> &

C2DE 92B: &B2I6D?@
2A2D 5:=:92D
52B: 52D2 C6D6=29 5:=2<E<2? G2G2?42B2 %(+ )++ $% %"* *('
A6?82BE9A@=2>2<2?52?>:?E>D6B9252A )**+) () (E9E>6>A6?82BE9:CD2DEC
CD2DEC9:5B2C:52A2D5:<6D29E:A@=2>2<2? 9:5B2C: C6C6@B2?8 C6A6BD: I2?8 5:
52? >:?E> A2BD:C:A2? 52=2> >6>6?E9: E?8<2A<2? <2=2E CE9E A2?2C 52A2D
<63EDE92?42:B2?&2BD:C:A2?I2?8@36C:D2C >6?82=2>: 569:5B2C: 2D2E <6<EB2?82?
>6?<@?CE>C: 2:B =63:9 52B:
86=2C 92B: 42:B2?<2B6?2A252CE9E I2?8A2?2CCE9E
;25: A252 A2BD:C:A2? @36C:D2C =63:9 C6B:?8 DE3E9 2<2? ?2:< C6A6BD: I2?8 5: 2=2>:
>:?E> &2BD:C:A2? I2?8 D6B>2CE< ?@? A2BD:C:A2? 52? C6B:?8 >6?86=E2B<2?
@36C:D2C >6?8E?8<2A2<2? >:?E> <6B:?82D 2D2E 42:B2? 52=2> DE3E9 <6=E2B
86=2C 92B: ;25: E?DE< A2BD:C:A2? I2?8 ?@? ;25:82>A2?8>6B2C292ECC6A6BD: I2?85:
@36C:D2C 5: <6D29E: 42:B2? >2C:9 <EB2?8 E?8<2A<2? A2BD:C:A2? (6A6BD: I2?8
36=E> C6CE2: I2?8 5:B6<@>6?52C:<2? 5:E?8<2A<2?@=69A2BD:C:A2?
>6?EBED&B2I6D?@

A6B:<C2 EB:?6 C6?5:B: &*' EB:?6
C@) *-:8-6/):=0 5*)3D =2C2? A2BD:C:A2? D6B>2CE< B6>2;2 I2?8 CD2DEC
A2BD:C:A2? C@)3)4)= 3-8)6);)6 9:5B2C:?I2 <EB2?8 <2B6?2 G2B?2 EB:?6
3)62),1,-01,:);15*)3D A2BD:C:A2? A6<2D I2:DE D6B>2CE< ?@
C*-:8-6/):=0 5*)3 3)4)= 31<) I2?82BD:?I2>6?82=2>:<EB2?842:B2?
3-8)6);)6 3)6 6)6<1 3-4=): (2>A6=*B:?6&2BD:C:A2?
3-:16/)<<-:=;D
(6D6=29 5: 52A2D<2? C2>A=6 EB:?6
C5-6=:=< ;)@) *-:8-6/):=0 52B: A2BD:C:A2? 52? 5: 4@4@<<2? 56?82?
5*)3D =2C2? A2BD:C:A2? C <2BDE A6B:<C2 EB:?6 C6?5:B: &*' EB:?6
=055)3= 3-5):16 8); A2BD:C:A2? D6B>2CE< B6>2;2 I2?8 CD2DEC
3-3=:)6/)6 +)1:)6 ;=0= <=*=06@) 9:5B2C:?I2<EB2?832:<<2B6?2G2B?2EB:?6
6)135*)3D A2BD:C:A2? <E?:?8 A6<2D I2:DE D6B>2CE<
C5-58-6/):=01 5*)3D =2C2? ?@ I2?8 2BD:?I2 <EB2?8 D6B9:5B2C:
A2BD:C:A2? C =05 3)4)= 8)6); 56?82?32:<
1<= *1);6@) *)6@)3 5-6/-4=):3)6 (2>A6=*B:?6&2BD:C:A2?
+)1:)6 2),1 +-8)< 0)=; (6D6=295:52A2D<2?C2>A=6EB:?652B:
5*)3D A2BD:C:A2? 52? 5: 4@4@<<2? 56?82?
<2BDE A6B:<C2 EB:?6 C6?5:B: &*' EB:?6
: 52A2D<2? 92C:= A2BD:C:A2? A2BD:C:A2? D6B>2CE< B6>2;2 I2?8 CD2DEC
>6?8E?8<2A<2? CE9E >6?:?8<2D 9:5B2C:?I2<EB2?832:<<2B6?2G2B?2EB:?6
>6>A6?82BE9:CD2DEC9:5B2C:C6C6@B2?85: A2BD:C:A2?<E?:?8I2:DED6B>2CE<?@
C22D CE9E >6?:?8<2D 52? 32?I2< I2?82BD:?I2>6?82=2>:<EB2?842:B2?
>6?86=E2B<2? <6B:?82D C69:?882 (2>A6=*B:?6&2BD:C:A2?+
>6>A6?82BE9:<63EDE92?2:B52=2>DE3E9 (6D6=29 5: 52A2D<2? C2>A=6 EB:?6
(6A6BD: I2?8 5: E?8<2A2<2? 2B5:?CI29 52B:A2BD:C:A2?+52?5:4@4@<<2?56?82?

A23:=2 CE9E DE3E9 >6?:?8<2D <2BDE A6B:<C2 EB:?6 C6?5:B: &*' EB:?6
>2<2 <6=6?;2B 9IA@D2=2>EC <6=6?;2B A2BD:C:A2? D6B>2CE< B6>2;2 I2?8
52=2> @D2< I2?8 >6?82DEB CE9E DE3E9 D6B9:5B2C: 56?82? 32:< <2B6?2 G2B?2 EB:?6
>6?82<D:7<2? >6<2?:C>6 B68E=2C: A2?2C A2BD:C:A2? + D:52< 36BG2B?2 A6<2D I2:DE
DE3E9 (2=29 C2DE 42B2 A6?EBE?2? CE9E D6B>2CE< ?@ I2?8 2BD:?I2 D6B9:5B2C:
DE3E9 252=29 A6?8E2A2? &252 DE3E9 56?82?32:<
>2?EC:2 A6?8E2A2? D6B;25: >6=2=E: (2>A6=EB:?6&2BD:C:A2?+
A6B?272C2? A2BEA2BE 52? <6B:?82D (6D6=29 5: 52A2D<2? C2>A=6 EB:?6
<E=:D A6?8E2A2? D6B32?I2< D6B;25: 52B: A2BD:C:A2? + 52? 5: 4@4@<<2? 56?82?
>6=2=E:<6B:?82D &6?8E2A2? :?: D6B;25: <2BDE A6B:<C2 EB:?6 C6?5:B: &*' EB:?6
56?82? >6?82>3:= A2?2C DE3E9 (22D A2BD:C:A2? + D6B>2CE< B6>2;2 I2?8
A6?8E2A2? >2<232?I2< 2:B 52? 6=6<DB@=:D D6B9:5B2C: 56?82? 32:< <2B6?2 G2B?2 EB:?6
I2?8 9:=2?8 C69:?882 D6B;25: A2BD:C:A2? + D:52< 36BG2B?2 A6<2D I2:DE
<6D:52<C6:>32?82? 42:B2? 52=2> DE3E9 D6B>2CE< ?@ I2?8 2BD:?I2 D6B9:5B2C:
9B6?C
I2?8 5: <ED:A @=69 56?82?32:<

2B5:?CI29
!69:=2?82? 42:B2?

I2?8 >6=2>A2E: 32D2C C6BD2 A6?:?8<2D2?
CE9E DE3E9 52A2D >6?I6323<2? <6=6=292? $'+#%
2<:32DA2?2CC6A6BD:=6=29AEC:?8>E2=52? &6?86D29E2? D6?D2?8 42:B2? 52?
<62522?=6>29 CD2DEC 9:5B2C: CE529 4E<EA 32:< (D2DEC
9:5B2C: >6BEA2<2? <6C6:>32?82? 42:B2?
$'#+( % DE3E9 I2?8 52A2D 5: A6?E9: 52B: 2CEA2?
(2>A6=*B:?6&2BD:C:A2? >2<2? 52? >:?E>2? C692B:92B: I2?8
(6D6=29 5: 52A2D<2? C2>A=6 EB:?6 52B: C6B:?8 5: <@?CE>C: &6?86D29E2? I2?8
A2BD:C:A2?52?5:4@4@<<2?56?82?<2BDE 32:< 2<2? >6?5@B@?8 C6C6@B2?8 E?DE<

>6?8<@?CE>C: 42:B2? C6CE2: <63EDE92?

52?>6>:=:<:<63:2C22?>:?E>I2?8=63:9 =>2DC:6B (
:16;18 );): 45=

32:<C69:?882B:C:<@>6?82=2>:569:5B2C: 1A1 2<2BD2 B2>65:2 &ECD2<2
=63:9<64:= *D2>2
(D2DEC9:5B2C:A252B6>2;2@36C:D2C
52? ?@? @36C:D2C 5: (#& !B:CD6? ?88B26?: I?D9:2 5:CDI (J

(EB2<2BD2? >6?E?;E<<2? B2>2;2 I2?8 ;=0)6 1A1 =<:1<176)4 ):-
@36C:D2C =63:9 C6B:?8 >6?52A2D<2? 42:B2? :7+-;; -@8I2<2BD2 '
I2?8 =63:9 52B: >2<2? 52? >:?E> D6D2A: "#*9=>?
CD2DEC 9:5B2C: >2C:9 D6B>2CE< <EB2?8
<2B6?2 <63EDE92? 42:2B2? B6>2;2 I2?8 2D>2?896=:5;
1:=6<=3-62)/)
@36C:D2C =63:9 32?I2< 52B:A252 2?2< I2?8 -;-0)<)6 ,)6 -6@-5*=03)6
?@? @36C:D2C I2?8 52A2D 5:=:92D 52B: -6@)31< 2<2BD2B2>65:2&ECD2<2
C2>A6= EB:?6 G2B?2 EB:? A6<2D I2?8 *D2>2
>6?E?;E<<2? ?@ 52? I2?8 36B2BD:
D6B>2CE< <EB2?8 D6B9:5B2C: 56?82? 32:< ' B ,2CA25;: (2BG@?@ &B@7 B
2D2E<6<EB2?82?42:B2? (=2>6D (EBI@?@
-6/3)21)6
72<D@B I2?8 >6>A6?82BE9: CD2DEC 9:5B2C: "<)<=; 1A1 "<=,1 ,81,-51747/1
A252 B6>2;2 I2?8 @36C:D2C 2?D2B2 =2:? 2=2:&6?6BD3:D!* 2<2BD2
CE9E =:?8<E?82? 2<D:F:D2C 52? A@=2
>2<2? 52? >:?E> (69:?882 52A2D 5: )" ()
;5) ,)6
C:>AE=<2? <63EDE92? 42:B2? C6D:2A @B2?8 758413);16@) (6>: ;EB?2= 72B>2C:
36B36523652 C6CE2: 56?82? =E2C DE3E9 52?<65@<D6B2??@>6:

@B2?8 D6BC63ED 52? 5: D6?DE<2? 56?82?
32?I2<?I22<D:F:D2CCE9E=:?8<E?82?52? )" ()
18-:<-6;1
A@=2>2<2?52?>:?E> 6)3 (6>: ;EB?2= 72B>2C: 52?
<65@<D6B2??@ E?:

(%
#6?8:?82D 56?82? 32?I2<?I2 2B5:2?IC29@5:<2B:2G2?6D2= "<=,@
B6>2;2 C6<2B2?8 I2?8 32?I2< >6?82=2>: -*1);))6 16=5 ,)6 "<)<=;
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>6>6?E9:<63EDE92?42:B2?ED2>2?I22:B %14)@)0 3747/1 @)6/ -:*-,)
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I2?84E<EA 6A2BD6>6?D :J: #2CI2B2<2D
&6?86D29E2? B6>2;2 D6?D2?8 CD2DEC #&

9:5B2C: >2C:9 <EB2?8 %=69 <2B6?2 :DE
A:92< C6<@=29 :?CD:DEC: A6?5:5:<2? !92:BE?:CC2 ?52I2?: :==29 :D9B2
<6C692D2? 5:C2B2?<2? >6?:?8<2D<2? :6?I
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<68:2D2? <@<E=:<E=6B >2EAE? @7 $EDB:D:@? @==686 +@=E>6
6HDB2<E=:<E=6B $@>@B 92=2>2? %?=:?6
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