V Ćorović

You might also like

Download as pdf or txt
Download as pdf or txt
You are on page 1of 353








 
  

    


   
 
     
 
 
  
 
    
   
 
  
 
     


 




 

 
 
 <
% ,
5
4
   =
,
+#
 >???
!!"
 (
-
#
;#8
@&3,
#$

%& ' &(
)*+, 8
>
-#&. &


+$
/ ,
+#
#(
7
9#
A&3,
6

#$ (
0

1 2&3 = 3,
4&
&5(
6
4+5 #$
#(
=#8
6
; 3,
7
9#
A&3,
6

= 3,
9.
7+ -$
 +


&+
#8&3,
9#
9&&3
8 (

9#
 &3
B#$(
6

= 3,

&&3
: (
6

:-8&3,
7+
;+5&3,
&
.3

0
1 2&3 C %
-#5D

EFG

: +-$

%$
9#

&-  
 
 
:H3
5
4
?I?J>K
@L L;@,
;#8
M 
 (
%
-#5
N
;#8
@&3

5
4(
<
% (
+#(
O
PQRQ,
>???
C5
4(
<
% D

SKT
,
F FMU
>
VW

C 
1
#
;#8
@&3U
8
>D
%
-#5
-#5
1% 
'& 
#8

+#,
>?I!

+ (

S >

S T
M 
 
;#8
@&3

& 
 (

  H
-&#(
F FM
)X
>!!!
FYZ[
TS J>>? >S> "


 

 




 

 
 
 
  
 
 
!"#$%&'"#(%)(*+")%,
   
!   "
-%.#/#0&!.%)1(#2,
3$)1&4%5#)1&'.%)1('01&#0"*)(%'"* 67
3%0$+"#)#81&!$9#&*&:$)#"# 6
;%'(#&(#&4$10$1"(*<* 6,
=#>#$'0*&?"*<#5&(#&;#.0#(? @A
;#(&B?.*( @@
;%C?D*.*&&4#"#$1(*&EF;%'#('0#&<$0)#FGA
#
$%&&&$ '(
:?D'0#&%9.#'"
)*

!

+
,
 
#

$$- ,  .
H)$"0%&I&0#%&9#(26
H)$"0%&0#%&0$#J,
#
$%/$   0
K.#L#&0$#J#&-#9*+1 
M$#>#('0*&$#"%)*
=#>#$'0#&%N#(/*)#&4$%"*)&;%'(1,
O#P#81&"?$'0%C&?"*<#5#
H?$'0%&?P)$+Q*)#81&?&;%'(*A,
K.#L#&0$#J#&H%D#+#2


1  0.0
* 
-  0(
!"14#(&H%D#+1)*Q&0#%&'$4'0*&L1'4%" ,

#  '
R0<*5#&0$#J#&=#"*51AA

1  0
:1$<1C%)*Q* AA7


 

 A
23
4$5
6  
*  
&;1C'")%&B%"$%D#(%)1&4%$%L*<1 A 2
&-$?C#&S1(*L9#&!"14#(#&B%"$%D#(*Q#A 2
A&B$#J*<#&M$?9#A ,
&T#$%L(#&41'D#&%&4$%4#'"*&;%'(1A 6
2&H?$'0*&(#D1'(*<*&?&:1$<1C%)*(*A @
71-
#7)*
 
8,
$*$  
(10%.*0*&0#$#0"1$*'"*P(*&*/)%L*A 
 7 A 
  A27
,   A2
6,  A2
U'4$#)01&*&L%4?(1&E4%4$#)J1(1&?&1*/L#8?GA2A


 



 
 


U/L#)#81&!#9$#(*V&L1.#&K.#L*D*$#&W%$%)*Q#&)*+1'"$?0%&51&'.%S1(&*&/#D#+#(
'"$?P(*&*&*/L#)#P0*&4%L?V)#"&H%0%D&$1.#"*)(%&(1L?C%C&S*)%"#X&#.*&4.%L(%C&$#L(%C&)10#X
K.#L*D*$&W%$%)*Q&51&(#4*'#%&%0%&277&$#/.*P*"*V&"10'"%)#&3$%N1'%$&Y#L%)#(&!#D#$Z*Q
(#/)#%&C#&51&4%'.1L8*D&4%.*V*'"%$*0%D&?&'$4'0%5&*'"%$*%C$#N*5*&[*'"*(?X&)1.*0#&*
$#/(%)$'(#&'?&9*.#&W%$%)*Q1)#&/(#8#&E0.#'*P(*V&51/*0#X&')1"'0*V&51/*0#X&$#/.*P*"*V
(#?P(*V&%9.#'"*X&N*.%.%C*51X&*'"%$*51X&*'"%$*51&?D1"(%'"*X&#$V1%.%C*51X&N%.0.%$%.%C*51X
1"(%.%C*51X&08*S1)(1&*'"%$*51GX&#&5%+&)1Q#&*&$#/?>1(*5#&81C%)#&*("1$1'%)#8#&!&51L(#0*D
?'41V%DX&%/9*J(%+Q?&*&'?)1$1(%+Q?&4*'#%&51&*&%&4$#*'"%$*5'0%D&$#/L%9J?&;#.0#(#X&%
4$#'"#(%)(*<*D#&;#.0#(#X&%&$#(%D&'$1L81D&)10?X&%&'$1L81D&)10?X&%&$#/L%9J?&"?$'0%C
C%'4%L#$18#&;#.0#(%DX&%&(%)%5&*&(5(%)*5%5*'"%$*5*&U/)#($1L(1&'?&W%$%)*Q1)1&'"?L*51&*/
'"#$1&08*S1)(%'"*X&?4%$1L(1&N*.%.%C*51X&0?."?$(1&*'"%$*51&[&9*9.*%C$#N*5*&81C%)*V
$#L%)#&*'"*P?&'1&9$%5(1&08*C1&0%51&%/(#P#)#5?&L#"?D1&?&4$%?P#)#8?X&'#C.1L#)#8?X&"?D#P18?
%L$1>1(%C&4$%9.1D#&;$%5&%/9*J(*V&*/?/1"(%&%9*D(*V&$#'4$#)#X&'"?L*5#&&4$1.#/*&9$%5&%L
"$*&'"%"*(1&51L*(*<#&=1>?&"/)&'*"(*5*D&4$*.%/*D#&D(%S*(#&51&4$1L$#C%<1(*V&0$#"0*V
"10'"%)#&%L&0%5*V&C%"%)%&')#0*&4$1L'"#)J#&')%51)$'(*&4%D#0&?&4$%?P#)#8?&%L$1>1(%C
4$%9.1D#&!*'"1D#"*/%)#"*X&4%&08*C#D#&'$1L*"*&*&/9$#"*&4$1%9*D(%&W%$%)*Q1)%&L1.%&51'"1
D?0%"$4#(&4%'#%&/#&0%5*&)1Q&?&4%.#/*+"?&)$1L*&0$*.#"*<#&FD%C.%&51&"%&*&9%J1F
3$*4$1D#5?Q*&D%(%C$#N*51X&'"?L*51X&$#'4$#)1&*&P.#(01&K.#L*D*$#&W%$%)*Q#&/#
+"#D4?X&%L$1>?5?Q*&'#L$S#51&*&$1L%'.1L&4%51L*(*V&08*C#X&Y1L#0<*%(*&%L9%$&9*%&51&*&51'"1&*
'#L#&(#&)1.*0*D&D?0#D#X&%4V$)#(&L*.1D#D#&*&0%.19#8*D#&O1L(#&%L&4%.#/*+(*V&(1L%?D*<#
51&9*.#&*&&0#L#&'1&%4$1L1.*"*&/#&$14$*("&*/L#81X&0#L#X&4#0X&*Q*&(#&(%)*&'.%C&-$#C%<1(#X
*/?/1"(%&$1"0#&W%$%)*Q1)#&08*S*<#&
  
  

E4$1+"#D4#(#&*/&FT#$%L#F&/#&76G&?4?Q*)#.#&51&)1Q&?&4%.#/*+"?&L#&'1&Y1L#0<*%(*
%L9%$&%4$1L1.*&/#&81(&$14$*("&H%X&D1>?"*DX&(*51&?P*81(%&\9%C&51L(%%9$#/(%'"*&N%$D#"#
1L*<*51&F!#9$#(#&L1.#&K.#L*D*$#&W%$%)*Q#F&&08*S*<#&51&?0.%4J1(#&?&"1D#"'0?&08*C?


 [&L)#&'.?P#5#&Y1L#0<*%(*&%L9%$&'1&*4#0&%4$1L1.*%&/#&$14$*("
*/L#81&[P*81(%&51&"%&?&'.?P#5?&

    !*&?&'.?P#5?
W%$%)*Q1)%C&(#59%J1C&*'"%$*%C$#N'0%C&L1.#&"#$%
&'(
) 


*+!
51'"1&4%'.1L8#&08*C#&0%5?&51&W%$%)*Q&+"#D4#%&/#&S*)%"#X&#
"#$%
&'(
) 

51'"1&08*C#&0%5#&'1&(*0#L#&(*51&4%5#)*.#&?
/)#(*P(%5&4$%L#5*X&(*"*&51&/)#(*P(%&(10%D1&4%'.#(#&*.*&0%D1&?$?P1(#&]1(%&$#'"?$#81
/#9$#(*.1&'?&L%C%)%$(%&).#L1&:*".1$%)1&T1D#P01&*&B$#J1)*(1&O?C%'.#)*51&T10%.*0%
4$*D1$#0#X&'#P?)#(*V&*C$%D&'.?P#5#X&')1L%P1&%&(1%9*P(%5&'?L9*(*&W%$%)*Q1)%C&S*)%"(%C
*'"%$*%C$#N'0%C&L1.#&3%'"%5*&5%+&51L#(&$#/.%C&/9%C&P1C#&'1&Y1L#0<*%(*&%L9%$&!#9$#(*V
L1.#&K.#L*D*$#&W%$%)*Q#&%L.?P*%&/#&$14$*("&*/L#81&%91&08*C1&!)%51)$1D1(%X& 7X
%L(%'(%&A,X&%(1&'?&*/?/1"(%&4#SJ*)%&'.%S1(1&*&+"#D4#(1&'#&D*(*D?D%D&4%C$1+#0#X&*#0%
51&"10'"&9*%&?&+"#D4#$'0%D&'D*'.?&F"1S#0F&=1+#5?&'1&$#/.*P*"*&51/*<*&*&4*'D#X&#&4%'19(%
'?&4$%9.1D#"*P(1&(#4%D1(1&?&0%5*D#&'1&')*&"*&4$%9.1D*&5%+&/(#"(*51&?D(%S#)#5?&*
?'.%S#)#5?&Y1L#0<*%(*&%L9%$&51&$#/.%S(%&'D#"$#%&L#&9*&'#&'.#C#81D&%)*V&L)15?&08*C#&9*.%
"1+0%Q#X&#&'&L$?C1&'"$#(1&?4$#)%&"1&08*C1&?&')%D1&4$1"V%L(%DX&4$)%D&*/L#8?&*D#5?&4%'19#(
/(#P#5&*&D1'"%&?&W%$%)*Q1)%D&*'"%$*%C$#N'0%D&$#L?


 

 2



;%'(#&')1&L%&^I^&)10#&(*51&*D#.#&')%51&4%"4?(%&?'"#J1(1&C$#(*<1&_#0&*&?&(#+1&L#(1&81(%
'"#(%)(*+")%X&0%51&5%5&51&4$*4#L#.%&)*+1&)10%)#X&$#/.*0?51&4$#)?&;%'(?&%L&4$*L#"*V
%9.#'"*&T#$%L&;51.#5'0%C&3%J#&(#/*)#&;%'(%D&0$#51)1&0$?4'0%C&'$1/#X&#&'"#(%)(*+")%
;$#)'01&"*D&*D1(%D&%/(#P#)#&D1'"#&'#('0%C&*&0J?P0%C&0$#5#X&?&0%5#&'*.#/1&4$1+#)+*&4$10%
4.#(*(1&M$D1P#X&H#0%&*'"%&*&J?L*&*/&[(<#&$#P?(#5?&?&;%'(?&0$#51)1&'$1/%)#&0$?4'0%CX
'#('0%C&*&0J?P0%C&U&'1.#&'1)1$(%C&L1.#&C.#D%P0%C&'$1/#&'D#"$#5?&L#&(*'?&9%'#('0#X&(1C%&?
;%'(?&?9$#5#5?&4%L$?P5#&'$1/#&0J?P0%C&*&D$0%8*QC$#L'0%CX&'&L$?C?&'"$#(?&4.#(*('01
4$1C$#L1&M$#V%)%&'1&*'"%&"#0%&(*51&%91.1S#)#.%&0#%&9%'#('0%&!.*P(?&4%5#)?&*D#D%&*&(#
*'"%0?&!)1"&'1)1$(%&%L&-$*(#P1&(1&'D#"$#&')%5&0$#5&;%'(%DX&(1C%&8%D&/%)?&%9.#'"*&5?S(%&%L
"1&$101&UD#&'"#(%)(*+")#X&0%51&(#/*)#&:1$<1C%)*(%D&(1&'#D%&M%$81&3%L$*81X&(1C%&P#0&*
M.#'*(#<
`"0#L&51&*/*+.#&*/&')%51&4$)%9*"(1&)$V9%'#('01&D#"*<1X&;%'(#&(*51&(*0#L&*D#.#&(*&4%"4?(%
4$*$%L(1&C$#(*<1&T1&(*&?&L%9#&')%C&(#5)1Q1C&(#4%(#&T#&*'"%0?X&%L&^II&)10#X&-$*(#&'1X
*'"*(#X&4%D*8#.#&0#%&C$#(*P(#&$10#&*/D1>?&;%'(1&*&!$9*51X&#.*&%(#&51&"%&?&'")#$*&9*.#&'#D%
?&'$1L81D&"%0?&H?&C$#(*<?&4$%L?S*%&51&0$#J&H)$"0%&?&^Ia&)10?&L%&b*D#X&#.*&'?&51&L1'4%"*
!"1)#(&*&c?$#>&/(#"(%&4%D1$*.*&(#&4%L$?P5?&%0%&!$19$1(*<1&`9.#'"*&!%.*&*&['%$1&'"#.(%
'?&4$1"'"#)J#.1&'4%$(%&4%L$?P51&*/D1>?&!$9*5#(#<#X&=#>#$#&*&;%'#(#<#X&#&%9.#'"*&%0%
-?9*<1X&M$#L*+01X&4#&')1&L%&[(1&(*'?&?+.1&?&'#'"#)&9%'#('01&L$S#)1&?&<1.*(*&')1&L%&81(%C
4#L#&;%'#('0%&4%L$?P51&L$S#.%&'1&"?&4.#(*('0*V&0%'#&*&0.#(#<#X&51$&*D&'?)*+1&%")%$1(#
3%'#)*(#&(*51&4$?S#.#&L%)%J(%&'*C?$(%'"*&B#L&51&*&L%4*$#.#&L%&!#)1&9%'#('0#&C$#(*<#
9*)#.#&51&"?X&?&'"#$%&L%9#X&'#D%&4$*)$1D1(#&*&'#D%&(#&4%51L*(*D&D1'"*D#X&#.*&(*0#L&?
<1.*(*&`D1>#)#81&;%'(1&!#)%D&L%+.%&51&"10&%L&"?$'0%C&)$1D1(#X&*.*X&5%+&9%J1X&%L&"?$'0%C
(#/#L%)#8#
B#L&51&%'(%)#(#&4%'19(#&:1$<1C%)#&FL$S#)#FX&'$1L*(%D&^a&)10#X&C%$8#&-$*(#&*&.*D'0#
%9.#'"&?+.1&'?&?&'#'"#)&"1&L$S#)1X&P*5#&51&C$#(*<#X&(#&5?C%*'"%0?X&L%4*$#.#&L%&=%$#P1X&#
%L#".1&'1X&4$10%&%9.#'"*&Y*>#(#&*&;#8#(#X&'4?+"#.#&?&9%0%0%"%$'0*&/#.*)&%9?V)#"#5?Q*
%9.#'"&B$*)%+*5#&*&Y*'#(X&#&4$*)$1D1(%&P#0&*&B%"%$&H%&51&(#5)1Q*&%4'1C&9%'#('01&*.*
V1$<1C%)#P01&L$S#)1&(#&"%5&'"$#(*&O?S(#&C$#(*<#&;%'(1&4$1+.#&51&?&"$1Q1D&L1<1(*5?&^Ia
)10#&?&V?D'0?&%9.#'"&*&L%V)#"*.#&'1&D%$#X&*&"%&%L&!"%(#&L%&$101&d1"*(1&T#&/#4#L?&51&%L
'.%)1('0%C&L%'1J18#&'#D%&*/?/1"(%&4$1(%+1(#&4$10%&D#'*)#&-*(#$'0*V&R.4#&[&4$)#
)$1D1(#X&')1&L%&4%P1"0#&"$*L1'1"*V&C%L*(#&^Ia&)10#X&*(*<*#"*)?&/#&4%D1$81&C$#(*<#&(#&"%5
'"$#(*&(*'?&*D#.*&;%'#(<*X&(1C%&:$)#"*X&0%5*&'?&(1&'#D%&4%'1L#.*&/#4#L(1&S?41&E-?)(%X
b*)(%X&M.#D%PGX&(1C%X&0#%&e?9*Q*X&?/*D#.*&).#'"&*&(#L&)1Q*D&L1.%D&;%'(1&R.*&%L&!"1)#(#
II&B%"$%D#(*Q#&%L(%'*&'1&D18#5?&;%'#('0#&C$#(*<#&4%D*P1&'1&4%'"141(%&'&K$9#'#&(#&!#(?&*
[(?&*&'4?+"#&'1&4$1D#&!#)*&3.*)#X&0%5#&51&?&:&)10?&9*.#&C$#(*P(#&S?4#X&4%'"#.#&51&?&^a
)10?&'0%$%&'$1L*+8#&%9.#'"&*&?&8%5&51&O#5<1&?/1"%&P#0&/#&0$#J1)'0?&4$1'"%(*<?&`L&"?$'0%C
)$1D1(#&'1)1$%/#4#L(#&C$#(*<#&;%'(1&4%D1$#.#&'1&')1&L?9J1&?&:$)#"'0?X&*/&;*V#Q#&(*/
B%$#(?X&L%&9.*/?&'.?8'0*V&)$#"#&F3$#)#&'1&"?$'0#&C$#(*<#&C%"%)%&"#P(%&4%L?L#$#&'#
)%L%D1>%DX&0%5#&L*51.*&4$#)*.(%&$#/)%>1(%&V?DJ1&*&0$#+0?&4.%P?F&H1&C$#(*<1&%L$S#)#.1
'?&'1&L?S1&*.*&0$#Q1&)$1D1X&'#&*/)1'(*D&*'4$#)0#D#X&*#0%&(*'?&4%51L*(#&4%L$?P5#&?&8*D#X&/#
"?$'01&).#L1X&'#P*8#)#.#&?)10&#LD*(*'"$#"*)(1&<1.*(1
3$)%&%D1>#)#81&;%'(1X&?&V*'"%$*'0%&)$1D1X&*/)$+*.*&'?&Y*DJ#(*&3$)*&L#.D#"*('0%
V1$<1C%)#P0*&.*D1'X&0#0%&C#&%/(#P#)#&B&3#PX&V)#"#%&51&L?S&5?C%/#4#L(%C&4%L(%S5#
-*(#$'0*V&R.4#X&%L&B$01X&4$10%&d1"*(1X&L%&T1$1")1&M.#)(*5#&'?&D?&D1'"#&9*.#&;?$(?D
Ee?4J#&d$0)#&0%L&B(*(#GX&R(L1"$*?D&EM%$8*&=?QGX&M#$L?(&(#&d1"*(*X&:?D#<&(#
H$19*S#"?&*&=%C%$51.%&(#&T1$1")*&-$?C*&(*/&)%5(*P0*V&$*D'0*V&?")$>18#&(#.#/*&'1&(#
'1)1$(%5&C$#(*<*&;%'(1X&?&e*4%)?&(#&3.*)*&*&?+Q?&['%$1&?&;%'(?&U'"%P(#&C$#(*<#&$*D'01
4%0$#5*(1&-#.D#<*51X&0%5#&51&%9?V)#"#.#&<1.?&;%'(?X&*D#.#&51&*'"%&"#0%&(10%.*0%
4%C$#(*P(*V&?")$>18#&(#&.*(*5*&!%4%"&&;#91&&!"%5(*0&4%L&B%'D#51D&!1)1$%/#4#L(#


 

 ,
C$#(*<#&4$1D#&3#(%(*5*&*+.#&51&*'4%L&;#81&b?01&*&K1.*01&B.#L?+1X&#&*/(#L&!"#$%C
=#5L#(#&U'"%P(#&C$#(*<#&-#.D#<*51&4%D1$#.#&'1&5%+&/#&$*D'0%C&)$1D1(#&K1Q&51&<#$
-*%0.1<*5#(&*/L)%5*%&*/&81&%9.#'"&-?0J1&*&'?'1L(%&4%L$?P51&?&/#'19(?&4$%)*(<*5?
3$1)#.*'X&#&4%'.1&'?&'1&4%D1$#.1&*&'1)1$%*'"%P(1&C$#(*<1X&0%51&'?&*+.1&4$10%&B%'%)#&L%
9.*/?&B?$+?D.*51&*&3$%0?4J#&T#&"%D&"1$1(?&9*.%&51&(#5)*+1&D1"1S#&*&D1+#)*(1&(#$%L#
%L&Ia^Ia&)10#X&4#&51&$#/?DJ*)%&+"%&'?&'1&"?&'#')*D&*/C?9*.1&'0%$%&')1&'"#$1&C1%C$#N'0%
#LD*(*'"$#"*)(1&"$#L*<*51&*&+"%&51&%'"#.%&51L)#&(1+"%&"$#C#&%&'"#$*D&(#'1J*D#&T#&"%5
'"$#(*X&*/D1>?&=%$#)1X&-$*(1&*&b*D#&(#'"#.#&51&Y#+0#X&0#%&4$)#&'$4'0#&L$S#)#X&91/&*0#0)#
(#'.%(#&(#&(10#&'"#$#&#LD*(*'"$#"*)(#&(#'.1>#&[&/#4#L(%D&L1.?&'"#$1&4%0$#5*(1
-#.D#<*51X&CL1&51&$*D'0#&).#'"&9*.#&)*+1&(14%'$1L(#&*&#0"*)(*5#&*&CL1&(*51&9*.%&"%.*0*V
D1"1S18#X&%L$S#.#&'1&$*D'0#&C1%C$#N'0#&"$#L*<*5#&D(%C%&L?S1

R0%&9*&'1X&'&4$#)%DX&D%C.%&$1Q*X&L#&51&D#"*<#&'"#$1&9%'#('01&L$S#)1&S?4#&K$V9%'(#X&*&4%
*D1(?&*&4%&4%'"#(0?X&P*'"%&'.%)1('0#&")%$1)*(#X&*4#0&?4#L#&?&%P*X&L#&'1&C$#(*<1&4$)1
9%'#('01&L$S#)1&4%0.#4#5?&'#&(#'.1>1D&*/&$*D'0*V&)$1D1(#&!1)1$(#&C$#(*<#X&0#%&*&0%L
Y*DJ#(#X&(*51&'*/#.#&L%&!#)1X&(1C%&L%&K$#(L?0#&*&4%'.1&L%&-%9%5#X&%L(%'(%&L%&?+Q#&['%$1&*
!4$1P1&?&;%'(?&`9.#'"&-%8*&B$#5*&(*51&/#&L?C%&4$1D#&'1)1$?&4$1.#/*.#&$*D'0?&.*(*5?
\#4#L(#&C$#(*<#&L$S#.#&'1&L?C%&4$*$%L(1&D1>1&?&.#(<?&-*(#$'0*V&R.4#
\1DJ*+"1&;%'(1&(1D#&4$#)1&C1%C$#N'01&<1.*(1&-$S#)#&'1&$#/)*5#.#&?/&"%0&$101&;%'(1X&#.*
;%'(#&(*51&9*.#&$10#&/(#P#5#&T*.#&*.*&f?N$#"#X&4#&L#&9*&D%C.#&4%'41+*"*&'")#$#81&51L(1
)1.*01&L$S#)1&%0%&')%C&"%0#&-$*(#&*&K$9#'&*D#5?&*'"%&"#0%&')%51&L%.*(1&*&')%5#
C$#)*"#<*%(#&4%L$?P5#&%L)%51(#&%L&;%'(1&)*'%0*D&4.#(*('0*D&D#'*)*D#&-%&)1/#&51&L%+.%X
*4#0X&4%(#5)*+1&'&"%C#X&+"%&'?&$101&"10.1&?&*'"%D&4$#)<?X&+"%&(*'?&9*.1&'?)*+1&?L#J1(1
51L(#&%L&L$?C1X&*&+"%&'?&'1&?"#4#.1&?&51L(?&$10?X&0%5#&*V&51&'4#5#.#&L%(10.1&')%5%D
4$%'"$#(%D&$#)(*<%D&T1$1")#X&0%5#&51&*/&L$?C%C&$#/)%>#X&%L)#5#.#&'1&%L&9%'#('0%C&D#'*)#
)*L(%&*&'")#$#.#&%'(%)(*&4$1L?'.%)&*&/#&L$?C?&4%.*"*P0?&*&0?."?$(?&%$*51("#<*5?
d1.%&"%&4%L$?P51&'#D1&;%'(1&4%0$*)#.1&'?&9%C#"1&+?D1X&D1'"*D*<1&4$#)1&4$#+?D1&e?D#X
5%+&?)10X&*D#&(#&4%L$?P5?&;%'(1&*&:1$<1C%)*(1&%0%&777&0DX&+"%&Q1&$1Q*&L)1&41"*(1
<1.%C&/1DJ*+"#&`L&"%C#&'1&C.#)(*&L1%&(#.#/*&?&;%'(*&H?X&(#&<$(%D%$'0%5&'"$#(*X&+?D#
/#4$1D#&2@g&%L&<1.%0?4(1&4%)$+*(1X&L%0&(#&5#L$#('0%5&'#D%&A6g&[&"%5&+?D*&(#5$#+*$1(*5#
51&9?0)#X&0#%&L$)%&)*'%0*V&L*(#$'0*V&%9.#'"*X&L%0&51&'D$P#&F(#5P1+Q1&L$)%&?&4.#(*('0%D&*
4$1#.4*'0%D&$1C*%(?F&!)#&51&9%'#('0#&/1DJ#&'&4.#(*('0*D&0#$#0"1$%DX&(#"%4J1(#
)%L#D#X&'&4.%L(*D&L%.*(#D#&*&'#&D(%C%&$?L*(#&!#$#51)'0%&4%J1X&?&0%D&*'4%L&UCD#(#
*/)*$1&C.#)(#&$10#&/1DJ1X&4%&0%5%5&51&L%9*.#&*&*D1X&*&?&0%D&'1&$#/)*.#&S?4#&K$V9%'(#X&*D#&%L
4$1V*'"%$*'0*V&)$1D1(#&(#$%P*"&/(#P#5&$#L*&')%51&4.%L(%'"*&*&9%C#"'")#&?&+?D*X&L*)J#P*X
$*9#D#&!$1L*+8#&;%'(#&'#&4#.1%/%*P0*D&C%$51D&*D#&*&%9*J1&$?L(%C&9.#C#X&')#01&)$'"1
O?S(*&L1%&'"#$1&9%'#('01&L$S#)1X&%9.#'"*&T1$1")1X&:?D#&*&H$#)?(*51X&%'0?L(*5*&51&?&"%D
4$#)<?&H%&51&L*(#$'0*&0$+X&*/C.1L#&%L#)(%&4$*.*P(%&%C%.1%X&'#&)1.*0%D&%'0?L*<%D&?&)%L*
U'"%P(*&0$#51)*&'#&T1)1'*81DX&h?9*81DX&h?9%D*$%D&*&;*.1Q%D&(1D#5?&?%4+"1&4$#)1&$101X
51$&\#.%D&*&H$19*+8*<#&'?&Q?LJ*)1&4%(%$(*<1&-%0&'$1L8#&)*'*(#&;%'(1&*/(%'*&,6X&?
:1$<1C%)*(*&51&67&D&H?&'?&*&(#5)1Q1&4.#(*(1&/1DJ1X&%L&0%5*V&=#C.*Q&L%'"*S1&(#5)1Q?
)*'*(?&%L&A@@&D&K1Q&51&O&d)*5*Q&*'"#0#%&F(#5%+"$*5?&'?4$%"(%'"&0%5#&'1&/#4#S#&4$1.#/1Q*
*/&;%'(1X&+?D%)*"1&*&/1.1(1X&?&5#L$#('0%&4$*D%$51X&/1DJ?&C%.?&*&0$+(?&'#&'"1(#D#
91.*P#'"1&*&'*)1&9%51F&M1%.%+0#&*'4*"*)#8#&'?&4%0#/#.#X&L#&?&:1$<1C%)*(*&*D#&(#5)*+1
0$1"#<15'0%C&0$1P8#0#X&L%0&?&;%'(*X&(#4$%"*)X&4$1).#>?51&4#.1%/%*0&*&81D?&'$%L(1&)$'"1
/1DJ*+"#&F`+"$#&)1/#&*/D1>?&)$'"1&/1DJ*+"#&*&)$'"1&(#'1J#&?&;%'(*&(1&4%'"%5*&[
:1$<1C%)*(*&'1&%4#S#X&L#&51&#.?)*5#.(%&/1DJ*+"1&(#'?4$%"&0$1"#<15'0%D&0$1P8#0?&9%J1
(#'1J1(%&(#&')#0%5&)*'*(*F

;%'#('0*&4$1L1%&L#51&'#')*D&L$?C?&'.*0?&(1C%&V1$<1C%)#P0*&`(&51&'#)&/1.1(X&4?(&+?D#&*
4#+8#0#X&/#.*)1(&)%L#D#X&L%0&51&V1$<1C%)#P0*&'?)X&'#&C%.*D&0$+1DX&0%5*&'#&')%5*D&+0$#4#D#
*/C.1L#&0#%&%C.%L#(1&0%'"*X&'#&')1C#&51L(%D&4$#)%D&$10%D&\9%C&%C$%D(*V&+?D#&;%'(#&51


 

 6
).#S(#X&4?(#&D#C.1X&%&0%5%5&%(#0%&$1P*"%&4*+1&B%P*QX&*&*D#&%+"$*5?&0.*D?&:1$<1C%)*(#&51
'?)#&*&)1L$#&*&?&.1"%&'0%$%&')#&*'4$S1(#&\*D*&0$%/&8?&9*51&9?$#&*&'&"%C#&'?&0?Q(*&0$%)%)*
4%0$*)1(*&"1+0*D&0#D1(*D&4.%P#D#X&L#&*V&91'#(&)1"#$&.#0%&(1&%L(1'1X&L%0&9%'#('01&0?Q1
*D#5?&)*'%01&'"$D1&L$)1(1&0$%)%)1X&L#&9*&'1&'(1C&0%5*&4#L#&D1'1<*D#&9$S1&'?J#%&U&%L1.%&51
?&;%'(*&"1S1&*&"#D(*51X&'&0%S?'*D#&*&?)*5#P*D#&%0%&C.#)1X&L%0&51&V1$<1C%)#P0%&.#0+1&*&'
)*+1&')1".*V&9%5#&=1'"%&0#9#(*<#&?&%9*P#5?&'?&L?C1&'"$?01X&0%51&'1&D%C?&?4%"$19*"*&)$.%
'4$1"(%&?&$#/(#&L%9#&C%L*(1
H?&51&*&'"#(%)(*+")%&(1+"%&$#/(%)$'(*51C&/#(*D#8#&;%'(#&/(#&?&4$)%&)$1D1&'#D%&/#&'"%P#$1
*&4%J%L1.<1X&L%0&T1$1"J#(*&*&\#V?D<*&4%'"#5?X&L1.*D*P(%X&*&4%D%$<*X&#&4%D#.%&*&"$C%)<*
`L)%51(*&?&')%5*D&4.#(*('0*D&%9.#'"*D#&'"#$*&'.%)1('0*&;%'#(<*&(1D#5?&D(%C%&L%L*$#&'#
"?>*D&1.1D1("%D&*&(1&4%/(#5?&C$#L'01&0?."?$1X&4%+"%&'1&?&8*V%)%5&'$1L*(*&(*51&%P?)#%
(*51L#(&$*D'0*&C$#L&:?DJ#(*&*&T1$1"J#(*&%L$S#)#5?X&D1>?"*DX&%L&L%'"#&L#)(*V&)$1D1(#
)1/1&'#&$%D#('0*D&1.1D1("%D&-#.D#<*51&*&8*V%)*D&C$#L%)*D#&T1$1")#&51&%L&Ia&)10#&4$1&:$
C.#)(#&4$%D1"(#&*&0?."?$(#&#$"1$*5#i&9.*/?&81(%C&?+Q#&4%L*C(?"#&51&4$)#&C$P0#&0%.%(*5#&/#
'")#$#81&)1/#&'#&?(?"$#+8%+Q?&H%&Q1&9*"*&51L#(&%L&$#/.%C#&+"%&51&:1$<1C%)*(#&9*.#&*
$1.#"*)(%&C?+Q1&(#'1J1(#&%L&;%'(1&;%'#('01&+?D1&D%C.1&'?&'1&%L$S#"*&?&')%D&9%C#"'")?
9#+&4$)1('")1(%&'&"%C#X&+"%&(#'1J#&%0%&8*V&(*'?&9*.#&D(%C%&C?'"#
T#54.%L(*5*&*&(#5(#'1J1(*5*&L1%&;%'(1&4$1"'"#)J#&81(%&N.*+(%&*&#.?)*5#.(%&4%L$?P51X
0%51&V)#"#&%L&;%'&T%)%CX&L?S&!#(1&*&M%D51(*<1&(#&K$9#'X&#&%L#".1&?/&K$9#8?X&=#.?&['%$?&*
!4$1P?&')1&L%&\)%$(*0#X&'#&4%'.%)*P(%&9%C#"%D&3%'#)*(%D&H?&'?&*&4%)%J(1&0.*D#"'01
4$*.*01X&0%51&'?&?D1$1(%&0%("*(1("#.(1 &T#&"%D&"1$1(?&(#5)*+1&51&$#/)*51(#&/1DJ%$#L8#X
51$&51&"%&4$1"1S(%&*.*&$#)(*<#&*.*&/1DJ*+"1&4%C%L(%&/#&0?."?$1X&'#&$1.#"*)(%&(*'0*D
4.#(*(#D#&[&:1$<1C%)*(*&(#54.%L(*5*&51&#.?)*5#.(*&0$#5&L%.*(#&T1$1")1&%L&j*"%D*+J*Q#
L%&=1"0%)*Q#X&*&9*%&51&(#5)*+1&0?."*)*'#(&%L&$*D'0*V&)$1D1(#&L%&L#(#'&b1"81&)$?Q*(1X
4$1.#/1&?&=%'"#$?&'$1L8*&C%L*+8*&D#0'*D?D& 7kX&#&*(#P1&51&')?L#&4$%'1P#(&'#&A7k&H%
%D%C?Q?51&$#/)%5&5?S(*V&0?."?$#&ED#'.*(1X&'D%0)1X&(#$%P*"%&)*(#GX&#.*&?'.1L&)1.*0*V&'?+#
%"1S#)#&/1DJ%$#L8?&K1.*01&)$?Q*(1&*/#/)#.1&'?&*&(#$%P*"&"*4&4%0$1"(%C&'"%P#$'")#
_*"#)#&0$L#&'"%01&F*/L*S?&'1FX&0#0%&'1&"%&0#S1&'"$?P(*D&'"%P#$'0*D&*/$#/%DX&4$10%&.1"#&*/
V?D'0*V&5?S(*V&%9.#'"*&?&4.#(*(1&'$1L*+81&*&5?C%*'"%P(1&;%'(1&*&'1)1$%*'"%P(1
:1$<1C%)*(1&3%/(#"#&51&P*81(*<#X&L#&'?&'"%P#$*&')?L#X&)1Q&4%&4$*$%L*&')%C&/#(*D#8#X
(1'"#.#(&1.1D1(#"&*&L#&*L?Q*&/#&4#+%D&'"%01&4%D1$#5?&4%(10#L&4$*)$1D1(#&4%.*"*P0#
%C$#(*P18#i
&?&;%'(*&"#&'1&4%5#)#&L#&4$#"*"*&'&D(%C%&/#(*DJ*)*V&4%51L*(%'"*
!$1L*+8#&;%'(#&9*%&51&4$1"1S(%&+?D'0%4.#(*('0*&4%5#'X&0%5*&51&V)#"#%&%L&!#(1&4$10%
C%$81C&K$9#'#X&3.*)1X&b#+)1&')1&L%&-$*(1&*&C%$81&T1$1")1&e?D1&51&9*.%&%9*.#"%&P#0&*&?
%L#)(%&0?."*)*'#(%5&S?4*&K$V9%'(*X&*&?&81(%D&C%$81D&*&L%81D&L1.?X&4#&51&'&"%C#&'#')*D
$#/?DJ*)%&L#&51&"?&*&'"%P#$'")%&9*.%&)1%D#&$#/)*51(%&F[&)*'%P0%D&-%81D&B$#5?FX
(#C.#+#)#&51L#(&*'4*"*)#PX&F*/$#/&%
&*&L#(#'&/(#P*&0%L&')1C#&'"#(%)(*+")#&'#D%
'"%0?F &[&L%.*(*&-$*(1X&4%$1L&"%C&/#(*D#8#X&)$.%&'1&$#(%&/(#.%&*&/#&$?L#$'")%&3%&9%C#"%5
*&5%+&%L&Y*DJ#(#&10'4.%#"*'#(%5&!$19$1(*<*&5#)J#&'1&?&*/)1'(*D&*/)%$*D#&P#0&*&?%4+"1(*
(#/*)&l
&m  X&#&%(#&(*51&9*.#&?&L$*('0%5&%9.#'"*&*&51L*(*&$?L(*0&`C$%D(1&D#'1
.*D%(*"#&&S1.1/(1&$?L#P1&?&h?9*5*X&0%L&3$*51L%$#X&0%51&'1&<1(1&(#&L1'1"&D*.*%(#&"%(#X 
(*'?&L#.1&"%D&0$#5?&%(#5&/(#P#5X&0%5*&51&L%(1.#&!$19$1(*<#&-$*(*X&*#0%&51&10'4.%#"*'#81
S1.1/#&?&B$#5*(*&4%P1.%&L#)(%&E'$X&(#&4$X&*D1&!"#$*&=#5L#(G
-#(#'&51&L%)%J(%&4%/(#"#&4%5#)#X&L#&51&F4#'*)(#F&#&4%&(#"#.*"1"?&)1%D#&4.%L(#&:1$<1C%)*(#
)*+#0&')%C&'"#(%)(*+")#&?4?Q*)#.#&?&;%'(?&3%'"%5*&P#0&*&(#$%L(#&.1C1(L#&0#%&L#&51&'#D
!)1"*&!#)#&.*P(%&4$1'1J#)#%&:1$<1C%)<1&?&;%'(?X&0%5#&51&*D#.#&FD#.%&L?+#F&=*&(1
D%S1D%X&(#&S#.%'"X&/9%C&%'0?L*<1&*/)%$#X&4$#"*"*&"#5&4$%<1'&%L&'"#$*(1X&#.*&*D#&L%)%J(%
4%L#"#0#&0%5*&(#'&?4?Q?5?&L#&51&"%&0$1"#81&4%P1.%&)$.%&$#(%&B?."?$(*&4$%D1"X&0%5*&'1&L#
?")$>*)#"*&%L&4$1V*'"%$*'0*V&)$1D1(#X&*+#%&51&4$1"1S(%&%L&5?C#&4$1D#&'1)1$?X&*&L%<(*51&%L
/#4#L#&4$1D#&*'"%0?&H%&51&9*%&*&4$*$%L(*&4?"&*/&(#59.*S*V&0?."?$(*V&'$1L*+"#&'#


 

 @
3$*D%$5#i&L#.10%&(14%'$1L(*5*&(1C%&%(#5&'#&*'"%P(1&'"$#(1X&*/&L%.*(1&-?(#)#&_*"#)&(*/
C$#L%)#&L#.D#"*('0%C&4$*D%$5#&D%C#%&51&(#'"#"*&*&$#/)*"*&'1&/#V)#J?5?Q*&'#D%&')%D&/#.1>?
;%'(1&*&:?D#&;&=*.%51)*Q&51&L%9$%&*'"#0#%X&L#&'?&?&3$*D%$5?&?'41)#.*&'#D%&%(*&C$#L%)*X
0%5*&'?&%L$S#)#.*&)1/1&'#&?(?"$#+8%+Q?&9*.%&4$10%&4$1)%5#&9*.%&L%.*(#D#&*&0%5*&'?&?/&"%
*D#.*&4%C%L(1&.?01X&0#%X&(#&4$X&!4.*"X&e*91(*0X&-?9$%)(*0&M.#)(#&#("*P0#&D1'"#X
(#'"#.#&4%L&'?&9.*/?&*'"*D&?'.%)*D#X&91V?&!#.%(#X&T#$%(#X&Y*'#(&-?9$%)P#(*&'?X&C%L*(#D#X
0#%&')%5?&C.#)(?&"$C%)#P0?&0%.%(*5?&L$S#.*&(#&T1$1")*&D1'"%&-$*51)#X&L%<(*5?&M#91.?&U#0%
51&'#%9$#Q#5&*/D1>?&8*V&)%L*%&4$10%&L%'"#&"1+0*V&*&(1$#/)*51(*V&'"#/#&*&4?"1)#&4%D%Q?
0*$*Z*5'0*V&0#$#)#(#X&%(&51X&*4#0X&9*%&L%'"#&*("1(/*)#(&!1D&"%C#X&;%'(*&*&:1$<1C%)*(*
4$*4#L#&(1'?D8*)#&V*'"%$*'0#&/#'.?C#X&L#&'1X&?&C.#)(%DX&8*V%)%D&0$)J?&*/)$+*.#
'.#)*/#<*5#&$%D#('0%C&4$*D%$5#X&#&L%9$*D&L1.%D&*&%9(%)#&D(%C*V&(#+*V&%9.#'"*&*&(#
*'"%0?&*&(#&/#4#L?
3%'#)'0#&L%.*(#X&0%5#&'1&4$*$%L(%&(#'"#)J#.#&(#&!.#)%(*5?X&9*.#&51&%")%$1(#&/#&')1&4$%)#.1
0%51&'?&'1&*/&3#(%(*51X&%L&(#5'"#$*5*V&)$1D1(#X&'$?P*)#.1&(#&81(#&*&'?'1L(#&4%L$?P5#&!&"%C#
51&'#')*D&$#/?DJ*)%&+"%&'1&"?X&*&4%$1L&(#$%P*"1&4.%L(%'"*&*&9%C#"'")#&"%C#&4%L$?P5#X&(*51
D%C.#&$#/)*"*&*&%L$S#"*&4%'19(#&L$S#)#&*&+"%&51&'"#$#&9%'#('0#&C$#(*<#&/#'"#5#.#&(#
4.#(*('0*D&0.#(<*D#&*'4$1L&['%$1&*&!4$1P1&*&(#&4%L(%S5?&=#51)*<1X&*&+"%&'1&/#&L?C%&(*51
'4?+"#.#&(#&!#)?&H%&51&4%L$?P51&4$10%&0%C#&'?X&%L&P*'"%&V*'"%$*'0*V&)$1D1(#X&=#>#$*
'"#.(%&L$S#.*&;%'(?&?&+0$*4<?X&9*.%&L#&'?&C#&'"%.1Q*D#&*D#.*&?&')%5%5&).#'"*X&0#%&(10%
4$%L?S181&4#(%('01&(*/*51X&9*.%&L#&'?&C#&%')#5#.*&%L&9%'#('0*V&).#'(*0#&!&"%C#&3%'#)*(#
/#&<1.%&)$1D1&9%'#('01&V*'"%$*51&(*51&D%C.#&L#&L%>1&L%&(10%C&)1Q1C&/(#P#5#
O1L#(&*/)1+"#P&4#4'01&0?$*51X&31"#$&=#'#$10*X&4%).#P*%&51&, &C%L&4#$#.1.?&*/D1>?
(*/*('01X&$#)(1X&51L(%.*01&*&"#L#&(1/L$#)1&[C#$'01&*&/1.1(1&*&)1L$1X&+?D%)*"*D
9$1S?J<*D#&4$10$*)1(1&*&)%L#D#&(#"%4J1(1&;%'(1X&'#&$#/(%.*0*D&%9.*<*D#&".#X&0%5*&'1
4$*5#"(%&*/D18?5?X&*&)1$%)#%&51&L#&51&"*D&%95#'(*%&F/#)*'"F&[C#$'01&4$1D#&')%D&5?S(%D
'?'1L? 
nnn
;%'(#&*&:1$<1C%)*(#&'?&?&D(%C%D&4%C.1L?&L)1&(#5'.%S1(*51&'.%)1('01&%9.#'"*&(#&;#.0#(?
H?&'1X&%L&)$1D1(#&'.%)1('01&0%.%(*/#<*51X&'?'$1Q?&!$9*&*&:$)#"*X&%L&0%5*V&4$)*&L$S1X&?
C.#)(%DX&'$1L*+8*&*&*'"%P(*X&#&L$?C*&/#4#L(*&L1%&"*V&/1D#J#&!&"%C#&%)1&%9.#'"*&*&4%
C1%C$#N'0%D&4%.%S#5?&*&4%&"%D&')%D&(#'1J?&4$1"'"#)J#5?&%L&L#)(*(#&4$*$%L(?&0%4P?
*/D1>?&!$9#&*&:$)#"#X&*#0%&51&9*.%&)$1D1(#&*&4%0?+#5#&0#L&'?&%(1&*D#.1&L#&9?L?&*&F5#9?0#
$#/L%$#F&*/D1>?&8*V&[/&"1&4.1D1('01&$#/.*01&4%'"%5#.1&'?&*&)1$'01X&?&!$1L81D&K10?&D(%C%
%+"$*51&*&%4#'(*51&%L&4$)*V&3%$1L&4$#)%'.#)(*V&*&0#"%.*0#&"?&'?&5%+&L1.%)#.*&9%C?D*.'0*
'10"#+*X&#&%L&^a&)10#&?/&0#"%.*01&*&4$#)%'.#)(1&5#P#5?&D?'.*D#(*&T*&?&51L(%5&L$?C%5&(#+%5
/1DJ*&(*51&9*.%&4$*D1$#&L#&'1&9%$1&4%&"$*&)1$1X&*&(*&?&51L(%5&(*'?&)1$'0#&4*"#8#&*.*&)1$'0*
$#/.%/*&L#)#.*&"%.*0%&4%)%L#&/#&'?0%91&0#%&"?&_*"#)&!$1L8*&K10&*'4?81(&51&?&;%'(*
%9$#P?(#)#8*D#&0%5*D#&51&L#)#(#&N%$D#&)1$1i&P*"#)&L$S#)(*&4$%9.1D&?&%L(%'?&4$1D#
=#>#$*D#&9*%&51&4%'"#)J#(&P1'"%&4?"#&?&"%D&/(#0?&`"?L&51&$#/?DJ*)%&+"%&51&5#/&'")%$1(
*/D1>?&4$*4#L(*0#&"*V&)1$#&4%'"#%&)$1D1(%D&)$.%&L?9%0&*&+"%&'1&%'1Q#&5%+&*&L#(#'
!.%S1(%'"&;%'(1&*&:1$<1C%)*(1&P*(*X&L#J1X&*&%)%&T*&?&51L(%5&4%0$#5*(*&(#+%5&(#&;#.0#(?
(*51&'1&?&"%.*0%5&D1$*&?0$+"#%&?"*<#5&U'"%0#&*&\#4#L#X&!1)1$#&*&O?C#X&0#%&?&%)1&L)1
-#.D#<*5#X&:$)#"'0#&*&51L(%&)$1D1&\1"#&9*.1&'?&L?C%&4%L&4$1"1S(*D&?"*<#51D&$%D#('0%C
1.1D1("#X&L%0&?&Y#+0%5&%L&^IIIX&#&?&=#Q1L%(*5*&*&%L&$#(*51&4$1).#>?51&?"*<#5&*'"%P8#P0%
)*/#("*'0*&[&;%'(*&'1&D1>?"*D&5#)J#5?&%9#L)#X&*&"%&?&)1.*0%5&D1$*&-%'"#&51&'#D%
?4%/%$*"*&(#&)1$'01&%$*51("#<*51&0#"%.*0#&'&51L(1X&#&9%C?D*.#&*&4$#)%'.#)(*V&'&L$?C1
'"$#(1&*&(#&<1.?&8*V%)?&)1$'0?&0?."?$?&B#'(*5*&?"*<#5&U'"%0#X&'&H?$<*D#&*&U'.#D%DX&L#%
51&;%'(*&"#0)%&%91.1S51X&0#0)%&(*51&*D#.#&(*&51L(#&L$?C#&(#+#&%9.#'"&!1D&"*V&?"*<#5#
U'"%0#&*&\#4#L#&?&;%'(*&'1X&?&)1.*0%5&D1$*X&%'1Q#&*&?"*<#5&!1)1$#&*&O?C#&[&Y#+0%5&'1&51L)#
L#5?&/#4#/*"*&0#0)*&"$#C%)*&?"*<#5#&)1.*0%C&D#>#$'0%C&'?'1L#&*X&'1D&?&=#P)*X&(1D#&C#&D(%C%


 

 
(*&?&*/(#L&0%4#%(*P0%5&!$9*5*X&L%0&51&?&;%'(*&*&D%Q#(&*&%'1"#(&_#0&51&51L(%&)$1D1&*&(#/*)
L$S#)1X&F$?'#C#&9%'#('0%CFX&9*%&4$1?/1"&*/&D#>#$'0%C&51/*0#i&#&'#D#&9%'#('0#&L*(#'"*5#
B%"$%D#(*Q#&L%+.#&51&?&/1DJ?&'&8*V%)1&'"$#(1&!&L$?C1&'"$#(1X&?"*<#5&-?9$%)(*0#&*&81C%)1
'.#)*/*$#(1&$%D#('01&0?."?$1&D%S1&'1&4$#"*"*&*&?")$>*)#"*&?&;%'(*&?&)*+1&4$#)#<#X&0#%&?
D#.%&0%5%5&L$?C%5&(#+%5&4%0$#5*(*&T#&9%'#('0%D&L)%$?&*&?&0?Q#D#&9%'#('01&).#'"1.1&(#.#/1
'1&%L*)1&'#&$#/(*V&'"$#(#&')1"#i&D#>#$'01&4$*(<1/1X&%$"1(9?$+01&C$%N*<1X&'$4'01&0$#J1)'01
0Q1$*X&9?C#$'01&<#$'01X&V$)#"'01&0(1C*81X&3%J#0*81X&o5%$1("*(01X&;#)#$0*81X&T#4?J01X
M$0*81&*&L$?C1i&%(1&L%.#/1&'#&')%5*D&'V)#"#8*D#&*&(#)*0#D#&*&?(%'1&?&;%'(?&5%+&)*+1
1.1D1(#"#&$#/(%$%L(*V&0?."?$#&*&L%4$*(%'1X&?/&')1&L$?C1&D%D1("1X&L#&'1&"#&/#(*DJ*)#
D1+#)*(#&4%5#P#&*&4$%L?9*
B#0%&'?&')1&)1$1&?&;%'(*&"$#S*.1&0%$1(#&?&(#$%L?&%(1&'?X&4$*$%L(%X&*/$#L*.1&4$*.*P(%
9%C#"%&0?."?$(%&(#'.1>1&'#&L%'"#&.%0#.(*VX&#&4%(10#L&*&%$*C*(#.(*VX&<$"#&*&(#P*(*.1&'?&%L
;%'(1&*&:1$<1C%)*(1&<1%&51L#(&(1%9*P#(&*&$1L#0&S*)&0?."?$(%V*'"%$*'0*&D?/15&H#
%'%91(%'"&4%5#P#(#&51&5%+&*&)*+1&'"#$*D&"$#L*<*5#D#&B#L&L%.*(%D&T1$1")1&0$1(1"1&'&D%$#
?&?(?"$#+8%'"&:1$<1C%)*(1X&(#*Q*&Q1"1&9$/%&(#&5%+&?)10&*D4%/#("(1&%'"#"01&$*D'0%C
)%5(*P0%C&.%C%$#&?&=%C%$51.?&=#.%&L#J1&'"%51&?/&9$1C&#DN*"1#"$#.(%&(#(*/#(*&*&?&81D?
0#%&?$#'.*&%'"#<*&'$1L81)10%)(%C&C$#L#&3%P*"1J#X&CL1&'1&(#.#/*.%&'"#$%&0$#J1)'0%
9$%L%C$#L*.*+"1&-1'(%&%L#".1X&4$%.#/1Q*&0$%/&-?9$#)1X&L%&!"%<#&Y*/)#(91C%)*Q#X&?0#/#Q1
)#D&'1&9%C?D*.'0#&*&4$#)%'.#)(#&(10$%4%.#&'#&)1.*0*D&%$(#D1("*'#(*D&'"1Q<*D#X&(#
0%5*D#&'1&*/(#L&$%D#('0*V&0%.%(#L#&5#)J#5?&Q*$*.'0*&(#"4*'*&[&!"%<?X&?&4%'"%59*(*
*.*$'0*V&-#%$/#X&CL1&'?&(#>1(*&4$10$#'(*&$*D'0*&D%/#*<*X&(#&%9#.#D#&;$1C#)1&L*S?&'1
(*'01&D?'.*D#('01&0?Q*<1&'&D(%C%&4$%/%$#&*&S1J1&/#&')1".%+Q?&*&'#&L$)1(*D&$1+1"0#D#&(#
"*D&4$%/%$*D#X&L#&'1&%0%&(1&9*&"$?L*.%&L#&4$%L$1&?&"#5(?&0?Q1&R&*/(#L&"*V&0?Q#&'"$+*&0?.#
*&C$#L&'"#$*V&4%"%D#0#&\?.N*0#$0#41"#(#&*&4%'.1L81C&N1?L#.(%C&C%'4%L#$#&:1$<1C%)*(1X
)1/*$#&*&5?(#0#&R.*4#+1X&P*5*&'4%D1(&P?)#&*&41'D#&*&V*'"%$*5#&H#0)*V&'4%D1(*0#&*D#"1&(#
')1&'"$#(1&*&?&)1.*0%D&9$%5?X&$#/(*V&0?."?$#X&$#/(*V&)10%)#X&$#/(*V&%'1Q#8#

T*51L(#&L$?C#&%9.#'"&?&(#+%5&V*'"%$*%C$#N*5*&(*51&9*.#&"#0%&L?C%&*&?&"%.*0%5&D1$*
4$1(19$1C(?"#&0#%&+"%&51&'.?P#5&'#&V*'"%$*5%D&;%'(1&U&"%&%L&(#5'"#$*5*V&)$1D1(#&[&!$9*5*
'1&)1Q&%L&4%P1"0#&^III&)10#&4%P*8?&5#)J#"*&).#L#.#P0#&S*"*5#X&0%5#X&#0%&*&(*'?&9*.#
'D*+J#(#&0#%&V*'"%$*'0*&'4*'*X&'.?S1&V*'"%$*5*&0#%&L$#C%<1(*&*/)%$*&`L&0$#5#
'1L#DL1'1"*V&C%L*(#&^Ia&)10#&4%P*81&'1&"#D%&(1C%)#"*&*&4$#)#&L%D#Q#&V$%(%C$#N'0#
08*S1)(%'"X&0%5#&'1X&?&*/)1'(%5&D1$*X&4$1(%'*&?&;?C#$'0?&*&)#(&C$#(*<#&;#.0#(#&;%'(#X
D1>?"*DX&(1D#&(*51L(%C&51L*(%C&')%C&'4%D1(*0#X&(*&?&%9.*0?&')1"#P0%C&S*"*5#X&(*&0#0)1
9*.%&L%D#Q1&V$%(*01X&(*&D#&0#0)1&4%V)#.(1&91'1L1&`&81(%5&4$%+.%'"*&C%)%$*&'1&'#D%
?/C$1L&*&?&'4*'*D#&'?'1L(*V&'"#$*V&V$%(*P#$#&0#%&(4$&?&-?0J#('0%5&:$%(*<*X&?&S*"*5?
B$#J#&-$#C?"*(#X&0%L&H%D1&#$V*>#0%(#&*&L$X&*&?&$#L%)*D#&4$)*V&(#+*V&V*'"%$*%C$#N#
-?9$%)(*0#&*&-#.D#<*51X&0%L&Y#8*(1X&M?(L?.*Q#X&Y#'"*Q#X&b?<*Q#&*&%'"#.*V
;%'#('0#&V$%(*P#$'0#&08*S1)(%'"&5#)J#&'1&"10&%L&^aII&)10#&o$#81)#P0*&C1(1$#.&$1L#&N$#
;1(*C(%&c1(%)1/&*/L#%&51&,&C%L&'"$%C&$#'4*'&')*D#&'"#$1+*(#D#&N$#81)#P0*V
4%0$#5*(#X&L#&%")%$1&#$V*)1X&4$1C.1L#5?&#0"#&*&')1&+"%&9?L1&%L&)$1L(%'"*&L#&4%+#J?&?&Y*D
/#&*/$#L?&*'<$4(1&V*'"%$*51&N$#81)#P0%C&$1L#&H#5&4%"*<#5&0$1(?%&51&(#&(1+"%&S*)J*&$#L&*
9%'#('01&N$#81)<1&`L&8*V%)*V&V$%(*0#&(#5'"#$*5#&51&,- .&0%5#&V)#"#&L%&,,&C%LX&#.*
*/&'"#$1&V*'"%$*51&*D#&')1C#&(10%.*0%&*&"%&'#')*D&4%D?Q1(*V&*&(14%?/L#(*V&)1'"*
T#5%4'1S(*5#&51&/ 01 
23 .&`(#X&0#%&)*/#("*'01&*&(#+1&V$%(*01X
4%P*81&%L&'")%$18#&')1"#&4#&*L1&')1&L%&4*+P1)1&'D$"*X&%L(%'(%&L%&627&C%L&!"#$*51
4#$"*51&"1&0%D4*.#<*51&%9?V)#"*.1&'?&/#4*'1&$#(*5*V&.1"%4*'#<#X&%L&0%5*V&b#+)#(*(&'#D
4%D*81&!"*4#(#&=#$C*"*Q#X&#&L$?C*&'?&?")$L*.*&*&5%+&(101&EK*"1/%)*Q#X&o%5(*P0?
V$%(*0?X&R(L$*5?&e*4$#P*Q#G&b#+)#(*(%)&$?0%4*'&9*%&51&D(%C%&P*"#(&4%&D#(#'"*$*D#i&'
81C%)#&%$*C*(#.#X&4*'#(#&9%'#('0%D&Q*$*.*<%DX&4$#)J1(*&'?&*/)%L*&*&4$14*'*X&#&*/L#)#(&51


 

 7
*&+"#D4#(&L)#&4?"#&E?&4 5
%$
&@@7X&?&*/)%L?X&*&,&?&<1.*(*G&`'"#.*
D#(#'"*$'0*&.1"%4*'*&E'?"51+0*X&0$1+1)'0*X&C$#L*+0*GX&4*'#(*&?&^aIII&*&^I^&)10?X&*D#5?
?/#0&)$1D1('0*&*&.%0#.(*&*("1$1'&*&91/&/(#P#5#&'?&/#&'"#$?&4$%+.%'"&;%'(1
U&?&4$#)%'.#)(*D&D#(#'"*$*D#&(1C%)#.#&'1&V$%(%C$#N'0#&08*S1)(%'"X&#.*&(1&%$*C*(#.(#X
(1C%&0#%&4$14*'*)#P0#&L1.#"(%'"&'#&(#+*V&'"#$*V&$%L%'.%)#&*&.1"%4*'#&`L&"*V&51
(#5)#S(*5*&.1"%4*'X&0%5*&51&,27&?&K$V%9$1/(*<*&4$14*'#%&*&'#'"#)*%&?P1(*&M#)$*.%&*(%0
3%4?.#$#(&51&4%'"#%&(#$%P*"%&"*4&$?'0%'$4'0%C&V$%(%C$#N#&[&j*"%D*+J*Q?&51&?P*81(
4$14*'&51L(%C&"#0)%C&V$%(%C$#N#X&0%5*&51&,A &C%L&9*%&4*'#(&?&:%4%)?X&4#&'?&'&"%C#&4$14*'#
(#'"#.*&L$?C*&D%(#V#&U'#*51&/#&"$19*8'0*&D#(#'"*$X&).#L*01&31"$%(*5#X&T*0%.1
K.#'"1.*(%)*Q#X&!"%5#(#&K?P*Q1)*Q#&[&D#(#'"*$?&-%9$*Q1)?&4%'"%5#%&51&*&4$14*'&%4'1S(%C
\%(#$*(#&.1"%4*'#X&#&4%&L$?C*D&D#(#'"*$*D#&0$#Q*&.1"%4*'*&*&'4%D1(*<*
3$)*&V*'"%$*'0*&'4*'&%&9%'#('0%5&4$%+.%'"*&L#%&51&?P1(*&N$#81)#<&o*.*4&b#'"$*Q&*/
`Q1)51&E6776@AG&R.*&*&"#5&51&'4*'&4%"10#%&(1&*/&P*'"%C&*("1$1'#&/#&(#?0?X&(1C%&*/&4%"$191
%L9$#(1&81C%)#&$1L#&B#L&51&9%'#('0#&N$#81)#P0#&$1L%L$S#)#&9*.#&L1C$#L%)#(#&(#&0?'"%L*5?
?'"#%&51&b#'"$*Q&L#&4%0#S1&/(#P#5&*&/#'.?C1&81C%)1&'#9$#Q1&?&V*'"%$*5*&;$#(*%&51&N$#81)<1
*&?'D1(%&*&4*'D1(%X&*&?&Y*D?X&4$1L&(#5)1Q*D&<$0)1(*D&N%$?D%DX&*&?&;1P?X&4$1L&L)%$'0*D
J?L*D#X&*&4$1L&+*$%0%D&5#)(%+Q?&M.#)(%&81C%)%&L1.%X&4*'#(%&(#&.#"*('0%DX&51'?&p 

& 


&   &E6,2X&L$?C%&*/L#81&66,G&3%$1L&"%C#X&b#'"$*Q&51&L%'"#
$#L*%&/#&4%/(#"%&0#4*"#.(%&o#$.#"*51)%&L1.%&I  &q 
=?'.*D#('0*&L%D#Q*&V$%(*P#$*&5#)J#5?&'1&"10&%L&^aI&)10#X&*&'&"%C#&/#&%)?&4#$"*5?&(#+1C
L1.#&(1&L%.#/1&?&%9/*$&B%L&8*V&?&'")#$*&(1D#&(*&4$#)%C&*("1$1'#&(*&4%?/L#(*V&)1'"*&/#
'"#$?&*&(#5'"#$*5?&4$%+.%'"&;%'(1&*&:1$<1C%)*(1
[&^aIII&)10?&5#)J#&'1&(10%.*0%&'4*'#&CL1&*D#&C%)%$#&%&4$%+.%'"*&;%'(1&=1>?&8*D#&51&?
4$)%D&$1L?&$#L&3#).#&Y*"1$#&K*"1/%)*Q#&l
& &E6G&K*"1/%)*Q&51&9*%&4%/(#"*
$%L%J?9X&0%D1&'?&V$)#"'0*&'"#.1S*&4%)1$*.*X&L#X&?/&C$%N#&b&o&=#$'*.*5#X&<#$'0%C
0%D1'#$#&/#&$#/C$#(*P181&'&H?$<*D#X&%0%&B#$.%)#P0%C&=*$#X&9?L1&8*V%)&"?D#P&*
4$1"'"#)(*0&=#$'*.*&'1&/#&')%5&4%'#%&'4$1D#%&%/9*J(%&*&4$*9$#%&51&%C$%D#(&D#"1$*5#.
$#/(*V&'4*'#&*&L%0?D1(#"#X&#&*&K*"1/%)*Q&51&9*%&P%)10&+*$%01&1$?L*<*51&\#*("1$1'%)#%
'1&/#&4$%+.%'"&;%'(1&*&'4$1D#%&'1&L#&(#4*+1&81(?&V*'"%$*5?X&#.*&51&L%'41%&L#&%9$#L*X&?
4%D1(?"%5&08*S*<*X&'#D%&'.%D&81(%C&0$#J1)'")#&Y#"%)#81&!)1"%C&!#)1/#&(#&0$#5?&^aII
)10#&L#.%&51&4%L'"*<#5#&*&L$?C%D&51L(%D&?P1(%D&P%)10?X&L#&4%P(1&'4$1D#"*&51L(%&?&*'"*(*
0#4*"#.(%&L1.%&%&V*'"%$*5*&9#.0#('0%C&4%L$?P5#&H%&51&9*%&D.1"#P0*&*'?'%)#<&o*.*4
Y*Q14?"*X&0%5*&51&/#'(%)#%&I   &q X&(1&L%P10#)+*&L#&C#&%'")#$*&-1.%&51&(#'"#)*%&*
'0%$%&/#)$+*%&E,766AG&L$?C*&*'?'%)#<X&-#(*1.1&o#$.#"*&U#0%&'?&81C%)1&)1'"*&*
'#L$S#5&4$1"1S(%&<$0)1(%V*'"%$*'0%C&0#$#0"1$#X&L1.%&51&%L&%4+"1C&/(#P#5#X&*&81C%)#
)$1L(%'"X&D#L#&0$*"*P0*&%'0?L(#X&5%+&?)10&(*51&/#'"#$1.#&/9%C&$1"0%C&%9*J#&D#"1$*5#.#
-$?C*X&)$.%&/(#P#5(*X&V*'"%$*%C$#N*&^aIII&)10#X&*#0%&?&')%5*D&L1.*D#&*D#5?&*/)1'(*V
4#$"*5#&%&;%'(*X&(*'?&'1&81(%D&'.%S1(%D&4$%+.%+Q?&9#)*.*&*("1(/*)(*51&*&(#&%'(%)?
4$#)*V&*/)%$#&H#0#)&51&'.?P#5X&(#&4$X&'#&'%.*L(*D&O%)#(%D&H%D0%D&!#'0*DX&0%5*&51
L%4?8#)#%&-*0#(S#&EI   &
&&X&6 GX&*.*&'#&(#+*D&4$)*D&4$#)*D
V*'"%$*%C$#N%DX&O%)#(%D&Y#5*Q1D
3$)?&4$#)?&V*'"%$*5?&;%'(1&L#%&51&6@6&C%L&?&;1P?&=#0'*D*.*5#(&e*D10&r 

s
 &
&tu  

&l
 &&v&&w &@,6&
&6 &e*D10&51&9*%X&0#%
P%)10&0%5*&'1&/#(*D#%&V*'"%$*5%DX&4$*.*P(%&%9#)1+"1(&%&$#(*5%5&.*"1$#"?$*&4$1LD1"#X&#.*
51&*4#0&%'1Q#%&0#0%&'"%5*&4$1L&(%)*D&*&"1+0*D&/#L#<*D#&3$%+.%'"&;%'(1&(*51&9*.#&?%4+"1
0$*"*P0*&*'4*"*)#(#i&0#%&V*'"%$*5#&*'"%P(*V&(#$%L#&f)$%41&%(#&51&9*.#&F4?'"%&(1%9$#>1(%
4%J1FX&?&0%D&51&"$19#.%&0$P*"*&*&$#L*"*&*/(%)#&e*D10&'1&"$?L*%&L#&?(1'1&$1L#&*&L#&L%>1&L%
(%)*V&*/)%$#&!#D&0#S1X&L#&51&D%C#%&L#&$#L*&?&91P0%5&L$S#)(%5&#$V*)*&*&L#&%95#)*&*/)1'(#
(%)#&#0"#&%"?L#&!&"%C#&51&81C%)%&L1.%&L#"%&'&#D9*<*5%DX&L#&4$?S*&(%)&*&4$%)1$1(&4$1C.1L
9%'#('01&4$%+.%'"*&T#&4*'#81&V*'"%$*51&;%'(1&$1+*%&'1&V%"1Q*&L#&%9$#L*&4$%+.%'"


 

 
F1)$%4'0*V&*.*$'0*V&4%0$#5*(#FX&0%51&'?&9*.1&F4$#'"#$%&).#'(*+")%&D#>#$'0*V&0$#J1)#Fi&#
;%'(%D&51&4%P1%&0#%&8*D#&(#59.*S%D&-1.%&51&?P1(%X&$#>1(%&'&)1.*0*D&"$?L%DX&*&?&')%51&L%9#
D%C.%&51&*D#"*&(1'?D8*)%C&/(#P#5#&R.*&)1Q&"#L#&%(%&51&4#"*.%&%L&"%C#X&+"%&4*'#<&(*51&/(#%
(*&/1DJ?&(*&81(?&4$%+.%'"&)*+1&(14%'$1L(%X&*&+"%&'1&'?)*+1&%'.#8#%&(#&(14%?/L#(1
*/)%$1&_*"#)1&4#$"*51&$#>1(1&'?&4%&-?0J#(*(?X&*&"%&'#&'D1.*D&*&$>#)*D&0%D9*(#<*5#D#X&4%
b?0#$*Q?X&`$9*(*5?&*&L$X&*#0%&D?&'1&*&'#D%D&8*V%)#&)1$%L%'"%5(%'"&P*(*.#&?&L%'"#
4$*.*0#&'?D8*)#&;1/&4%"$19(*V&4$1"V%L(*V&'"?L*5#X&'#&D(%C%&4$#/(*(#&?&*/)%$(%5&*&L$?C%5
C$#>*X&L1.%&(*51&D%C.%&*'4#'"*&L%9$%&')1&L#&51&e*D10&*D#%&*&(1+"%&)*+1&4$%L*$(?
*("1.*C1(<*5?&*&(1%'4%$(?&'"$?P(%'"
-1.?&b&R&M19V#$L*#&s
 & &tu   &x  X&t  X&qy  X&q  X
v
y X&l
 X&v&& &z 

&v
 &?P*(*%&51&)1.*0?&P#'"&4%/(#"*&V*'"%$*P#$
O%)#(&Y#5*QX&0#L&C#&51&67&C%L&4$1)1%&(#&'$4'0*&EB$#"0#{&!1$9. *X&Y#'' *X&;%'(|&*&Y#D|
0$#.1)'")}&U'"%$*#X&%95#)J1(#&6AG&M19V#$L*&51&9*%&)1%D#&/#L%)%J#(&0#L&51&P?%&L#&'1
?P1(*&Y#5*Q&L#%&(#&"#5&4%'#%&*&%P10*)#%&51&%L&81C#&0%$*'(1&*'4$#)01&*&(#4%D1(1
&M%L&@ 6
*/*+.%&51&?&;1%C$#L?&(%)%X&F'$9*/*$#(%FX&*/L#81&51L(%C&L1.#&"%C&4$1)%L#&0#%&6 


 - 7( 89 :;  :;3$1)%L&?&"%D&L1.?X&0%5*&'#D&5#&*D#%&?&$?0#D#X
(*51&91'4$10%$#(&Y#5*Q&51&4%(1+"%&'0$#Q*)#%X&#&4%(101&4#$"*51&*&*/%'"#)J#%&E(4$&%
9%C?D*.*D#Gi&*/)1'(1&(1"#P(%'"*&%$*C*(#.#&E0#%&(4$&%(?&%&9%'#('0%5&$14?9.*<*G&4$%'"%&51
4$1'0#0#%X&*.*&4%(1CL1&*&4%4$#)J#%&3$1)%L&*D#&*&(1+"%&C$1+#0#X&(#$%P*"%&?&C1%C$#N'0*D
*D1(*D#&~

 &51&b#'&&Y10#X&a &&l
&&o#$V}&&;%'(#&*&L$?C%G
-%0&51&Y#5*Q&"$%+*%&'(#C?&4$1)%L1Q*&M19V#$L*#X&0%C#&51&)1%D#&<1(*%X &O&^&f(C1.X
L#$%)*"*&V*'"%$*P#$&< 
#
.&?/1%&51&Y#5*Q1)?&)1.*0?&=
 /#
0#%&4%L.%C?&/#&')%51&L1.%&s
 &&q &&l
 &E &@7G&Y#L1Q*&)1.*0?
< 
>
&f(C1.&51&%9$#L*%&*&V*'"%$*5?&')*V&%(*V&L$S#)#&0%51&'?X&?&D#&0%D
%9.*0?X&?+.1&?&D#>#$'0?&0$#J1)'0?&"*"?.?X&%L(%'(%&?&0$?C&4$#)(*V&4$1"1(/*5#&?C#$'01
0$?(1&`(&'#D&0#S1&L#&'1&Y#5*Q1)%&L1.%X&0$*"*P0*&9%J1&4$1C.1L#(%&*&L%4?81(%&(%)*D
/#4#L(*D&*/)%$*D#X&F(#.#/*&(#&(1D#P0%D&51/*0?F&?&"%D&(%)%D&'4*'?&!1D&Y#5*Q1D&f(C1.&'1
4%'.?S*%&*&o&315#P1)*Q1DX&/#&P*5?&.#"*('0*&4*'#(?&'(
(#.#/*&L#&51
FL$#C%<1(#&$*/(*<#F&[4%"$19*%&51&*&(1+"%&(%)*V&*/)%$#&'#&"1S8%D&L#&F(%)%&N%$D*$#F
4$1C.1L&'$4'01&4$%+.%'"*&f(C1.&51&9*%&)$.%&?P1(&P%)10X&#.*&*4#0&(1L%)%J(%&'*C?$#(&?
(#+%5&V*'"%$*5*&Y#L*%&51&9$/%&*&(1&?)10&L%)%J(%&0$*"*P0*&'D%"$1(%&*&'&"%C#&?&08*/*&*D#
4%)*+1&'0.*/(?Q#&R.*&51X&(1/#D181(%&/#L?C%&9%J*DX&%)%&L1.%&%'"#.%&?&(#?<*X&(#$%P*"%
'"$#(%5X&*&9*.%&51&C.#)(*&*/)%$&/#&%9#)1+"18#&%&(#D#&*&(#+%5&4$%+.%'"*&'0%$%&L%&4$1L&0$#5
^I^&)10#
`L&4*'#<#&*/&;%'(1&4$)*&51&L#%&51L#(&(1)1.*0&4$1C.1L&81(1&4$%+.%'"*&"$?L%J?9*)*
(#<*%(#.(*&$#L(*0&U)#(&O?0*Q&E!.#)%J?9&;%+8#0GX&0%5*&'1&*("1$1'%)#%&/#&')1&'"$#(1
L?V%)(%C&S*)%"#&')%51&%"#Z9*(1&?&4$%+.%'"*&*&'#L#+8%'"*&[&\#C$19?&@2&C%L&*/*+.#&51
81C%)#&08*C#&€
& & 
 &l
X&0%$*'(#&*&5%+&?)10&(1&91/&)$1L(%'"*&'")#$X&#.*
)*+1&4%&*/)1'(*D&'#)$1D1(*D&'#%4+"18*D#X&(1C%&4%&')%D&V*'"%$*'0%D&'#L$S#5?X&0%5*&51
'#'"#)J#%&L%9$%(#D1$#(&$#L(*0X&#.*&%P*C.1L#(&L*.1"#("&FT#+*&'"#$*FX&4*'#%&51&%(&?&')%D
4$1LC%)%$?X&F')%5#&L51.#&?'D1(%&0#/*)#81D&*&451'D#D#&V)#.*+1X&#&/#4*'#"*X&0#%&*&8*V%)*
L#(#+8*&4%"%D<*X&(1D#$(*&*&(1V#"(*&?)*10&9*+1F&O?0*Q1)&L$?C&*&N$#81)#P0*&'#9$#"
=#$"*(&T1L*QX&0%5*&'1&*'"%&"#0%X&?/&%'"#.1&4%'.%)1X&9#)*%&*&V*'"%$*5%DX&%4*'*)#%&51&?&')%D
C.#)(%D&L1.?&q&  &l
&q  &E@@ GX&'#D%&"?$'0*&41$*%L&*&'#D%&<$0)1(?
4$%+.%'"&0#"%.*P01&<$0)1&`L&"*V&9%'#('0*V&N$#81)#<#&^I^&)10#&(#5?P1(*5*&51&*
V*'"%$*'0*&4%(#59%J*&9*%&51&=*V&;#"*(*QX&0%5*&51X&?&"$*&%D#81&08*C1X&@@@@6&4$*0#/#%
x &z &(1&(#?P(%&91'4$10%$(%X&#.*&'#&+*$*D&4%C.1L%D&(#&'")#$*
-*.1"#("*/D#&*&*/)1'(1&4$*'"$#'(%'"*&(*51&9*%&.*+1(&(*&L$&O?.*5#(&O1.1(*QX&*(#P1&)$.%
#0"*)#(&*'"$#S*)#P&*/)%$#X&0%5*&51&(#4*'#%&%4'1S(*&L1.%X&?&L)1&08*C1X&t  & & 


‚  &E&X&2G


 

 
O%+&?)10&51&C.#)(%&L1.%&/#&'"#$?&9%'#('0?&4$%+.%'"X&*#0%&51&*/*+.%&4$1&)*+1&%L&4%.#&)10#X
r 
&l
X&0%5?&51&@@&C%L&+"#D4#%&K510%'.#)&B.#*QX&*&0%5#&'1&@@2&4%5#)*.#&*&?
(1D#P0%D&4$1)%L?&U&;%5(*P*Q#&B.#*Q&51&"%&L1.%&$#L*%X&*'"*(#X&9$/%X&#.*&'#&/(#81D&*&*4#0
L%'"#&4#SJ*)%&\#'(%)#%&C#&51&(#&*/)%$(%5&C$#>*&*&(#&(#59%J%5&"#L#+8%5&'"$?P(%5
.*"1$#"?$*&[&L1.?&*D#X&4$*$%L(%X&L%'"#&4$#/(*(#X&*&"%&')#01&)$'"1X&#.*&%(1&'1&'#D%&?&D#.%5
D1$*&D%C?&'"#)*"*&0#%&/#D1$01&'#D%D&4*'<?&O1$&?&81C%)%&)$1D1X&*#0%&51&9*.%&D%C?Q(%'"*&L#
'1&*&'#C.1L#5?&*&4%'"#)1&*/)1'(*&4$%9.1D*X&(*51&9*.%&L%)%J(%&'*C?$(%'"*&L#&'1&%(*&*
$1+#)#5?&U&L#(#'&5%+&%'1Q#&'1&?&D(%C%&4*"#8#&%'0?L*<#&4$#)1&C$#>1&B.#*Q1)%&L1.%&51&?
*/)1'(*D&4#$"*5#D#&'#L#&4%"4?(%&/#'"#$1.%X&#&?&(10*D#&81C%)*&/#0J?P<*&*&4$*0#/*
4%L.%S(*&'?&"1D1J(%5&$1)*/*5*&R.*&"%&51&*&'#')*D&$#/?DJ*)%X&'&%9/*$%D&(#&%9*J1&(%)1
C$#>1&*&(%)*V&4$%?P#)#8#X&0%5*&'?&%95#)J1(*&%L&@@&C%L&L%&L#(#'&=1>?"*DX&D#.%&51&0%5#
08*C#&/#&"%.*0*&(*/&C%L*(#&)$+*.#&'&)*+1&?'41V#&')%5?&D*'*5?&?&(#?<*&*&*'4?8#)#.#&51L(?
)*L(?&4$#/(*(?X&0#%&+"%&51&9*%&'.?P#5&'#&%)*D&B.#*Q1)*D&L1.%D
3%$1L&81C#&51&%'"#.#&'#')*D&?&/#'1(0?&t &
&  & 

 X&0%5?&51&(#4*'#%
N$#81)#<&R("?(&B(1S1)*QX&?&"$*&')1+P*<1&EL?9$%)#P01&ƒ &l X&@@ 6G
B(1S1)*Q&51X&*'"*(#X&')%51&L1.%&F& y &
FX&#.*&(*51&4%/(#)#%&L%)%J(%&'"$?P(1
.*"1$#"?$1X&(*"*&51&*D#%&L%)%J(%&4%"$19(1&0$*"*01&!1D&"%C#X&%(&51&?&')%5%5&08*/*
%9?V)#"*%&'#D%&51L#(&L1%&'"#$1&9%'#('01&4$%+.%'"*X&'#D%&41$*%L&81(%C&0$#J1)'")#X&0%5*
(*51&"$#5#%&(*&4?(*V&'"%&C%L*(#
-$&=*.#(&3$1.%C&9*%&51&4$)*&0%5*&51&4$*0#/#%&<1.?&4$%+.%'"&;%'(1X&%L&(#5'"#$*5*V&)$1D1(#
L%&#?'"$*'01&%0?4#<*51&@6@&[&!#$#51)?&'?X&91/&L#"?D#&C%L*(1&+"#D4#8#X&%L&X&*/*+.1
"$*&08*C1&81C%)1&r 
 &l
&3$)#&51X&/#&(#'&4%(#5)#S(*5#X&%(#&0%5#&%9$#>?51&4$%+.%'"
9%'#('0?&L%&4$%4#'"*&'"#$1&L$S#)1X&(1'#D%'"#.(#&*&(1'$#/D1$(%&D#.#&E6@&'"$#(*<#G&[&8%5&51
3$1.%C&?4%"$19*%&*/)1'(1&$1/?."#"1&(%)*5*V&*'"$#S*)#8#X&#.*&)*+1&0%D4*.#"*)(%&(1C%
*'4*"*)#P0*&[&L$?C1&L)1X&'0%$%&41"&4?"#&)1Q1X&')1'01X&*/.%S1(#&51&4$%+.%'"&;%'(1&/#&"?$'01
).#L1X&'#&?4%"$19%D&L%'"#&%C$#(*P1(1&*/)%$(1&*&'"$?P(1&C$#>1&`'"#.1&V*'"%$*51&;%'(1X
)1Q*D&L1.%D&4$*C%L(1&*&D#.1X&(*'?&*D#.1&(#?P(*V&4$1"1(/*5#X&(1C%&51&"$19#.%&L#&/#L%)%J1
+0%.'01&*.*&L$?C1&0%51&4%"$191X&*&'&"%C#&8*V&*&(1&4%D*81D%&(#$%P*"%X&D#L#&'?&(101&%L&8*V
4*'#.*&*&J?L*&%L&(#?P(%C&/(#P#5#&E(4$&=


 
&!"&!"#(%51)*Q#X
;1%C$#L&7G
K1.*0#&51&+"1"#X&+"%&(*51&L%'41%&L#&/#%0$?C.*&')%5?&V*'"%$*5?&;%'(1X&(#&0%5%5&51&L1<1(*5*D#
$#L*%X&4%/(#"*&D#>#$'0*&V*'"%$*P#$&b#5%+&H#.%<*&H#.%<*&(*51&9*%&91'4$10%$#(&$#L(*0
3*'#%&51&L%'"#&%).#+X&(1&?)10&0$*"*P0*&(#54%?/L#(*51X&*&(*51&9*%&91/&*/)1'(1
"1(L1(<*%/(%'"*&K%.1%&51&L#&L#51&C1(1$#.*/#<*51X&0%51&'?&P1'"%&9*.1&'D1.1&*.*&51L(%'"$#(1X
#&'0%$%&?)10&4$1?$#81(1&R.*&51&0#%&D#.%&0%&*D#%&C$#>1X&D#V%D&(%)1X&L%&0%51&51X&0#%&)*'%0*
P*(%)(*0&*&%L1.(*&4$1'"%5(*0&\#51L(*P0%C&=*(*'"#$'")#&N*(#('*5#X&%L(%'(%&=*(*'"#$'")#
/#&;%'(?&*&:1$<1C%)*(?X&L%.#/*%&D*D%&L$?C1&'"$?P8#01&`(&51&*&%95#)*%&L%'#L#X&'#D&*.*&?
L$?+")?&'&L$?C*D#X&4%(#5)*+1&C$#>1&/#&V*'"%$*5?&(#+*V&%9.#'"*&*&/#L?S*%&"*D&(#+?&(#?0?
?&)1.*0%5&D1$*&`(&'1&'4$1D#%&L#&?&*/L#8*D#&D#>#$'01&R0#L1D*51&T#?0#&%95#)*&*&4%'19#(
L*4.%D#"'0*&/9%$(*0&/#&'"#$?&;%'(?X&4%+"%&"#0)%CX&0#%&+"%&'1&/(#X&(#+#&(#?0#&5%+&(1D#
B%$*'(#&$1C1'"#&L$#&f?'19*5#&o1$D1(Z*(#X&m&l
X&%95#)J1(#&?&*/L#8?&O?C%'.%)1('01
R0#L1D*51&@&?&'1$*5*&„&
 &
 &q  &   &^^IIIX&9*.#
'?&)1Q&%(L#&(14%"4?(#&*&?&L%9$%5&D1$*&4$%D#+1(#X&#&4%'.1&8*V&(*51&L%+.%&(*+"#&9%J1
M.#)(%&(#?P(%&'$1L*+"1&/#&*'4*"*)#81&;%'(1&*&:1$<1C%)*(1&4%'"#%&51&\1D#J'0*&=?/15&?
!#$#51)? &`(&51&%'(%)#(&@@2&C%L&0#%&L1.%&4$*)#"(1&*(*<*#"*)1X&#&%L&@@@&4$1")%$1(&51&?
L$S#)(?&?'"#(%)?&'#&$1.#"*)(%&9%C#"*D&L%"#<*5#D#&`L&@@&C%L&4%P1%&51&*/.#/*"*&4
5
%?  $
.&0#%&%$C#(&(%)%C&/#)%L#X&%0%&0%C#&'?&'1&%0?4*.*&(1&'#D%&D?/15'0*
'"$?P8#<*X&(1C%&*&D(%C*&(#?P(*<*&)#(&;%'(1&*&:1$<1C%)*(1&*&D(%C*&0%$*'(*&'#$#L(*<*&*/
(#$%L#&[&)1Q&)*+1&%L&41L1'1"&')%5*V&%4'1S(*V&')1/#0#&4 
&%95#)*%&%C$%D#(&9$%5
(#?P(*V&'"?L*5#&*&4$*.%C#&*&/(#"(%&51&?(#4$1L*%&(#?P(%&4%/(#)#81&<1.1&;%'(1&*


 

 A
:1$<1C%)*(1X&#&81(1&4$%+.%'"*&(#$%P*"%&!#D%X&"$19#&*&%)%D&4$*.*0%D&*'"#Q*X&(#5D#81&'1
$#L*.%&*&?$#L*.%&(#&4$%?P#)#8?&(#+1&4$%+.%'"*&!$1L81C&K10#X&#&4%'19(%&(#&4$%?P#)#8?
)1/#&;%'(1&'#&!$9*5%D&`L&@A&C%LX&4%L&?$1L(*+")%D&91P0%C&4$%N1'%$#&4$1V*'"%$*P#$#
=%$*<#&:1$(1'#X&4%P1.*&'?&*/.#/*"*&)#S(*5*&4  &4$*.%/*&*&(#&(1D#P0%DX&?&'1$*5*
…


‚ &„  &
&l
 && &  &`L&%)*V&'3
&*/*+.%
51&L%&,&C%L&A&08*C#
[&"%D&=?/15?&4%P1%&'#D&7&C%L&')%5?&'.?S9?&*&%L&"#L#&'#D&4%.#0%&*&'*'"1D#"'0*&'4$1D#%
C$#>?&/#&%)%&L1.%&3$14%$?0%D&?4$#)1&=?/15#&D%C#%&'#D&)1Q&7&C%L&4%P1"*&*&'#&4.#('0*D
4$%?P#)#81D&9%C#"1&C$#>1&L?9$%)#P0%C&#$V*)#&3%'.1&"$*L1'1"&C%L*(#&$#L#X&0#%&D%51
S*)%"(%&L1.%X&5#)J#&'1&%)#&
&[&4$)%5&08*/*&%9$#>1(#&51&4%.*"*P0#&V*'"%$*5#
/1DJ1&L%&4#L#&:1$<1C%)*(1i&?&L$?C%5&51&0?."?$(#&V*'"%$*5#i&#&"$1Q#&08*C#&9*Q1&4%')1Q1(#
4$%+.%'"*&/1DJ1&4%L&H?$<*D#&*&R?'"$%[C#$'0%D&K1$?51DX&L#&Q1&%)%&L1.%&/(#"(%
L%4$*(1"*&9%J1D&4%/(#)#8?&9%'#('01&4$%+.%'"*&*&L#&Q1&4%D%Q*&4$#)*.(*51D&'V)#"#8?
81(*V&4$%9.1D#&[&L1.%&'?X&(#$#)(%X&?(1"*&*&$1/?."#"*&')*V&L%'#L#+8*V&'"?L*5#X&(#+*V&*
"?>*V


&†&&)D&&9.*S*D&%9#)1+"18*D#&%&.*"1$#"?$*&4$1LD1"#&M.#'&†~^aIIX&A2X&@X&A 2

&p&v  X&r y &y 
&l
& &  &s 
 &€&„y&^aIIX&72X&A 

&c&B$'"*QX&RC$#$(#&4%.*"*0#&?&;%'(*&*&:1$<1C%)*(*&†)&A@X&7

&e&!%.L%X&H*4%)*&0?Q#&*&/C$#L#&?&4$1>#+8%5&;%'(*&*&:1$<1C%)*(*&;1%C$#L&AX&A

&;#.0#('0%&4%.?%'"$)%&I&;1%C$#L&X& A

&-$&`&O#?01$X&T#'1J#&?&;%'(*&*&:1$<1C%)*(*&'&%9/*$%D&(#&C1%.%+0*&'"#)&/1DJ*+"#
M.#'(*0&\1D&=?/15#&^IaX&7
 
&x &w&„
 
X&x
&t &&l
 && &  &q X&@X&


&†&(#4%D1(1&;&=*.%51)*Q#X&K*'%01&4.#(*(1&?&(#+%5&0$#J1)*(*&;1%C$#L&A6X&,2&*&L
 
&„&o*.*4%)*QX&3$*)$1L#X&'#%9$#Q#5&*&(#'1J#&?&)*'%P0%5&(#V*5*&;1%C$#L&X&
 
&ƒ&€ X&s 
 && ‚& ‡&^IaX&A X& A

&l&W%$%)*QX&!)1"*&†)&?&(#$%L(%D&4$1L#8?&;1%C$#L&6X&7 

&-*(#$'0%&4*D&*&")&;1%C$#L&AAX& 7

&q ^^^I^!&A6X& A

&†&&8*D#&*/)1+"#5&&Y#L%5P*Q#X&M%L*+8#0&^~aIIX&A@X&A A 7X&*&†&;#5C.#X&M.#'(*0
\1D&=?/15#&7X&2A6,A

&a&t  ˆX&‰ & & &r&v&a y ˆ& X&,6

&`&4$*9*$#8?&C$#>1&)&„&o#91$#X&…


‚ &„  IIIX&@2X&A@@2
 
&UD#%&'#D&?&$?0#D#&41+"#('0%&*/L#81&%L&@72&C%L


&-&Y?)#$#<X&O%)#(&Y#5*Q&!$&B#$.%)<*&7X&AA 
 
&†&O&Y#L%(*Q#X&b1"%4*'X&08&7X&77X&2
 
&K&%&81C%)?&$#L?&D%5&4%'19#(&P.#(#0&?&M.#'(*0?&\1D&=?/15#&^^aIX&A


 

 

   

;%'(#&51X&*/C.1L#X&L%9*.#&')%51X&)$.%&'"#$%X&*D1&4%&'.#(*D&(#'.#C#D#X&0%51&'?&?&8%5&(#'"#.1
4$*&/#L8%5&)1.*0%5&D%$'0%5&"$#('C$1'*5*&?&L%9#&%.*C%<1(#&*&4$*4#L#5?X&9#$&%(1&?&H?/.*X
4$)%D&D1L*"1$#('0%D&'"?48?&UD1&'#D%&(*51&'.%)1('0%C&4%$10.#X&(1C%&51&%'"#.%&%L&'"#$*V
'"#(%)(*0#&/1DJ1&[&#$9#(#+0%D&51/*0?X&0%5*&51X&0#%&*&81C%)&(#$%LX&$#/)*51(&4%L&D(%C%
?"*<#5#&*&/(#"(%&*/?0$+"#(X&#.*&0%5*&4%(#59%J1&P?)#&(#'.1>#&'"#$*V&U.*$#X&'"#(%)(*0#
/#4#L(*V&9#.0#('0*V&%9.#'"*X&$1P&@AB.@ABB.&/(#P*& .&
 X&*.*&%
. #

 
 ## &B#0%&'?&'.#(1&(#'.#C1&*&'.#(#&)$1.#&?&'1)1$%*'"%P(%5&;%'(*&9*.*
'"#.(%&<181(*&*&*'0%$*+Q#)#(*&/#&V$#(?&J?L*D#&*&'"%<*X&"%&51&'#')*D&4$*$%L(%X&+"%&'#&"#5
P*"#)&0$#5&4%P*81&L#&(#/*)#&4%&8*D#X&9*.%&0#%&;%'(#&*.*&"%D1&'.*P(%&[&')*V&(#$%L#&')*V
)$1D1(#X&0%5*&'?&"?&'"#(%)#.*X&4%&'%.*&51&'"#.(%&(#/*)#(#&<1.#&"#&%9.#'"i&M$<*&"?&*D#5?&Š‹
ŒŽ‘’X&!.%)1(*&'.&=#>#$*&qX&*&(#5/#L&H?$<*&C$
&E'%G&T#+&(#/*)&'&*&>

'&/#&-%8?&H?/.?&%P?)#%&'1&')1&L%&?&^I^&)10
\#&'"#$%&'"#(%)(*+")%&;%'(1&*&:1$<1C%)*(1&D%S1&'1X&4$1D#&L%'#L#+8*D&*'0%4#)#8*D#X
(#.#/*+"*D#&*&4$%?P#)#8*D#X&?")$L*"*X&L#&(*51&'"#$*51&%L&(1%.*"'0%C&)$1D1(#
T#&P*"#)%D&;#.0#('0%D&3%.?%'"$)?X&#0%&*/?/D1D%&B$#4*(?X&0%5#&D?&?&'")#$*&*&(1&4$*4#L#X
(*51&'1&(#+.%&5%+&4%"4?(%&4%?/L#(%C&"$#C#&P%)10?&*/&'"#$*51C&0#D1(%C&L%9#&H$#C%)#
L*.?)*5#.(*V&S*)%"*8#&(#+.%&'1X&D1>?"*DX&(10%.*0%&K1.*0#&C.#<*5#<*5#&L%)1.#&51&(#
9%'#('01&C$#(*<1&D#D?"#&*&0%'D#"%C&$*(%<1$#&E(#>1(*&(#&$?9?&'#)'01&$#)(*<1&?&;%'&-?9*<*
*&B%9#+?&*&?&'#)'0%D&D?J?&?&;%'&;$%L?GX&#&'&8*D#&'1&/#51L(%&4%5#)J?51&*&'"#$*&9*0X&9*/%(&*
41Q*('0*&D1L)51LX&0%5*&'1&9$/%&$#+*$*%&4%&')%5&;%'(*&*&:1$<1C%)*(*
T#.#/*+"#&*/&D.#>1C&0#D1(%C&L%9#&L%'"#&'?&D(%C%9$%5(#X&$#/(%)$'(#&*&9%C#"#i&%(#X&9#$&?
(10%.*0%X&(#L%0(#>?5?&')%5%D&%9*.(%+Q?&%(%X&+"%&(1&D%C%'D%&L%/(#"*&*/&4#.1%.*"*0?D#
3$1D#&"*D&(#.#/*+"*D#&'"#(%)(*+")%&;%'(1&*&:1$<1C%)*(1&(*51&9*.%&')?L#X&0#%&+"%&'?
(10#&'"#$*5#&'"#(%)(*+")#&(#&'"$#(*X&(1'"#.(%&.%)#P0%&5#"%X&0%51&(%D#L'0*&D18#&D1'"#
4$1D#&.%)#P0*DX&?51L(%&*&(#54$*D*"*)(*5*DX&?'.%)*D#&/#&S*)%"&T#4$%"*)X&%(%&4%0#/?51&(#
L%'"#&D1'"#&(#)*01&'"#9*.(*51C&*&*/)1'(%C&'$1>1(*51C&S*)%"#&*&%'%9*(1&(#$%L#&'#&(1+"%&)1Q
*/$#>1(1&0?."?$1&B#$#0"1$*'"*P#(&4$*D1$&/#&"%&L#51&%X&(#5)#S(*5#&9%'#('0#
4$1V*'"%$*'0#&(#'1%9*(#&$#/)*51(#&?&4*"%D%5X&)%L#D#&*&+?D%D&9%C#"%5&$#)(*<*&'#$#51)'0%5X
?&')1S%5&4.#(*('0%5&(*/*(*&)$.%&4%C%L(%5&/#&$#L&4%J'0*&*X&#0%&'1&'D1&$1Q*X&*&/#&$#L
F*(L?'"$*5'0*F&?&C$(P#$*5*X&/9%C&%9*J#&*.%)#P1i&')1&"%&/#&$#/.*0?&%L&'#D%&41Q*('0*V
'"#(%)#&4#.1%.*"'0*V&J?L*&*.*&/#&$#/.*0?&%L&P*'"%&C%$'0*V&(#'1J#&*/)1'(*V&4#'"*$#&*
.%)#<#&[&;?"D*$?X&CL1&#4'%.?"(%&(1D#&(*0#0)#&"$#C#&D1"#.?X&$#/)*.#&'1&P*"#)#&*(L?'"$*5#
0#D1(%C&%$?>#&*&01$#D*01&H?&'?&(#>1(1&(1&'#D%&C%"%)%&')1&)$'"1&0#D1(%C&%$?>#X&(1C%&51
4$1$#>*)#(%&*&0#D181&*/&%0%.*(1&*&"%&?&%9*D?X&F/#&0%5*&5?C&f)$%41&L#51&D#.%&#(#.%C*5#Fi
(#+.%&'1&C%"%)%CX&4%.?C%"%)%C&*&4%"4?(%&'*$%)%C&D#"1$*5#.#&*&*('"$?D1(#"#X&4%D%Q?&0%5*V
'1&')1&"%&$#L*.%&U&(1&'#D%&"%&T#+.%&'1&P#0&*&4$1LD1"#X&0%5*&'?&%)L1&%4$#)J#(*&*.*
4$1$#>*)#(*&3%$1L&"%C&$#L#&%0%&0#D1(%C&%$?>#&"?&51&4%'"%5#.#&*&)1.*0#&$#L*%(*<#&/#
01$#D*0?&*&"%&"#0)#X&F0#0)#&(*51&(*0#L&*&(*CL1&(#>1(#&?&"%.*0%D&9$%5?&*&"%.*0%5
$#/(%)$'(%'"*&(#&51L(%D&(#.#/*+"?&D.#>1C&0#D1(%C&L%9#F&B#%&L%0#/&*/)1'(1&?D1"(*P01
0?."?$1&'"#(%)(*+")#&%)1&(#'1%9*(1&'.?S1&$#/(1&N*C?$1X&P1'"%&'#&9%J%D&*/$#L%DX&*
%$(#D1("*&(#&D(%C*D&/1DJ#(*D&.%(<*D#&*&(#$%P*"%&J?L'01&N*C?$1&%L&*.%)#P1&E6X&*&
S*)%"*8'0*VG&K1.*0&L1%&%$?>#X&0%51&51&%L&0#D18#&(1%9*P(%C&?&;?"D*$?&EL*%$*"X&'1$41("*(X
C#9$%X&#DN*9%.*"G&*&0%51&51X&?/&"%X&D*D%&9?"D*$'0*&%9*P#5X&4$%9?+1(%X&4%0#/?51&L#&51&?&"?
(#'1%9*(?&?(%+1(%&*&'"$#(%C&D#"1$*5#.#&*&%$?>#&*&L#&51&"?X&?&%4+"1X&4$1D#&')1D?&+"%&'1
)*L*X&9*%&*/)1'"#(&F"$C%)#P0*F&1.1D1(#"&*&)1Q1&$#L*%(*<1&/#&+*$*&4$%D1"&T10%.*0%&4%'?L#
'#&*/)#($1L(%&.14*D&'4*$#.(*D&.*(*5#D#&?0#/*)#.%&9*&(#&N*(*5*&?0?'&*/)1'(*V&D#5'"%$#
%)%C&(#'1J#X&0#L&9*&9*.*&'*C?$(*&L#&'?&"1&4%'?L1&$#>1(1&9#+&"?X&?&;?"D*$?X&#&L#&(*'?X&D%SL#
0#%&?/%$<*X&L%(1'1(*&%L(10?L&'#&'"$#(1


 

 2
!#')*D&51&4$*$%L(%X&L#&'?&J?L*&0%5*&'?&?&;?"D*$?&$#/)*.*&"#5&01$#D*P0*&*&L$?C*&4%'#%&(#
)1.*0%X&%'1"*.*&4%"$19?&L#&'1&/#L$S1&(#&"%D&D1'"?X&51L(%&'&"%C#&+"%&*D&51&9*.%&4%C%L(%&/#
$#LX&#&L$?C%&+"%&'?&*V&"?&D%C.*&4%?/L#(%&(#Q*&')*&%(*&J?L*X&0%5*D#&51&8*V%)&$#L&"$19#%
-%0#/#&L#&'?&9?"D*$'0*&'"#(%)(*<*&S*)1.*&(#&')%D&/1DJ*+"?&'"#.(*51&*D#&L%'"#&`P?)#(*
'?&"$#C%)*&8*V%)*V&0?Q#X&0%51&'?&9*.1&%L&4.1"1$#&4%L*/#(1&(#L&*'0%4#(*D&5#D#D#&*&%(L#X&0#%
+"%&*&'#L#&P1'"%&9*)#&4%&'1.*D#X&%9.14J*)#(1&/1DJ%D&41P1(%D&(#&'?(<?&*.*&4$%'"*D
9.#"%D&%9*.#"*D&?&%(#D%+8*D&D%P)#$#D#
`'*D&$#L%D&%0%&0#D1(#&%(*&'?&'1X&9#$&L1.*D*P(%X&9#)*.*&*&$*9#$'")%D&?&%)%5&$10#D#&*
4%"%<*D#&9%C#"%5&L%.*(*i&#&?/&"%X&')#0#0%X&L%(10.1&*&.%)%D&[&"%D&(#'1J?&(#>1(*&'?&*
%'"#<*&4%'.1&4%L%D#Q1(*V&S*)%"*8#&)%.#&E 
&   
GX&"?$#&E 
GX&')*81X&%)<1&*
51.1(#X&0%51&51&?&4$)%&)$1D1&"$19#.%&.%)*"*&*&4$*4*"%DJ#)#"*&!"#.(*51&'"#(%)#81&(#&51L(%D
4%L$?P5?&4$1"4%'"#)J#&%P1)*L(%&*&/#(*D#81&/1DJ%$#L8%D&H%&4%0#/?51&?&4$)%D&$1L?&'#D
'D1+"#5&8*V%)*V&'"#(%)#&?&'#D%D&4%J?&=&:1$(1'&51&'0.%(&)1$%)#"*X&L#&'1&"%&'"#(%)(*+")%
(*51&9#)*.%&.%)%D&E/#0J?P#0&D?&51&)$.%&'D1%GX&#&L#&51&*&C#5181&'"%01&)$+1(%&?&D#.%D
%9*D?&=1>?"*DX&%'"#<*&%(%.*0%C&9$%5#&L%D#Q*V&S*)%"*8#&*&(#$%P*"%&51.1(#&(1&C%)%$1&/#
"%&-#&51&/1DJ%$#L8#&9*.#&L%'"#&$#/)*51(#X&4%0#/?5?&'#')*D&5#'(%&%'"#<*&S*"#&*&4%)$Q#&`L
S*"#&'1&?4%"$19J#)#%&51L(%/$(#<&E  &GX&51P#DX&+1(*<#&*&'%P*)%&Ep 
~
&~& &  
 G&*&4%$1L&"%C&5%+&51L(#&)$'"#&J?J#&ED%SL#& 
&
 
GX
$L1'#JX&L*)J#&5#9?0#X&.1+(*0&*&91.#&51.#&E 
& G
=#"1$*5#.&0#D1(%C&%$?>#&*&C.*(1(*V&4%'?L#&*'"%C#&"*4#X&0#0#)&51&*&%(#5&?&;?"D*$?X&(#+#%
'1X&L#J1X&*&(#&6?
%.&8*)#D#&9.*/?&T%)%C&e1V1$#&U&"?&'1&4%&(#.#'<*D#&E0%5*&'?
4%)$+(%&L%9*51(*G&(*51&D%C.%&(#Q*&(*0#0)#&"$#C#&0#0)%D&D1"#.?X&"1&*&%)#&(#'1%9*(#&4$1D#
"%D1&*L1X&0#%&*&9?"D*$'0#X&?&$1L&(#5'"#$*5*V &`(#&51&9*.#&)$.%&$#+*$1(#&*&V)#"#&?&%9*D?
C%"%)%&)*+1&(1C%&9?"D*$'0#&;*.#&51&'"#.(%&(#'1J1(#X&51$&51&(#&51L(%D&D1'"?&0%('"#"%)#(
'.%5&41P1(1&/1DJ1&4%4?"&%C8*+"#X&F#&(#&81D&@&0%D#L#&4.%'(#'"*V&4$*/D#&%L&41P1(1
/1DJ1F

H$1Q#&(1%.*"'0#&(#'1%9*(#X&%(#&?&>
%6 .&L#.#&51&(10%.*0%&)$.%&/#(*DJ*)*V
4$1LD1"#&O1L#(&0%D#L&0.%$%D1.#(*"#&E*/&C$?41&(1N$*"%*L#G&%P?)#(%C&?&51L(%5&'10*$*<*
4$1"'"#)J#&(#55?S(*5?&C$#(*<?&4$%'"*$#8#&"%C&0#D1(#&(#&1)$%4'0%D&".?&*&L%9*5#&4$1D#&"%D
(#$%P*"*&/(#P#5&B1$#D*P0*&4$%L?0"*&'?&)$.%&4$*D*"*)(*&*&91/&*0#0)*V&L$?C*V&%$(#D1(#"#
%'*D&4%&(10%C&%"*'0#&5#C%L*<1&3%'?L1&'?&9*.1&%L&(14$%P*+Q1(1&/1DJ1X&P1'"%&91/&L$+0#X&'#
0)$C#D#&`9*J1&0#D1(%C&%$?>#&')#01&)$'"1X&P1'"%&4?"#&$#>1(%C&)$.%&L%9$%X&?&%9.*<*D#
0$1'#(%C&0$1D1(#&(#LD#+?51&'$#/D1$(%&*&9%C#"'")%&?&(#'1J?&9?"D*$'0%D&3%.*$#(%&0#D1(%
%$?>1X&*/C.1L#X&L#&51&?&%)?&(#'1%9*(?&L%(%+1(%&'&L$?C%C&0$#5#&E(1D#&4%.?4$%L?0#"#X&(1D#
9$?'%)#&/#&4%.*$#81i&(1D#&(*&'*$%)%C&D#"1$*5#.#X&%L&0%C&9*&'1&')1&"%&4$#)*.%i&*&(#5/#L
(#5)1Q*&L1%&%P?)#(*V&0%D#L#&4%0#/?51&"$#C%)1&?4%"$191G&*&"%X&0#0%&'1&D*'.*X&*/&T%)%C
e1V1$#X&?&0%D&'1&(#+.%&*/)1'(*V&'*C?$(*V&4%L#"#0#&/#&)1Q*&$#L&?&4%.*$#8?&0$1D1(#
T#'1%9*(#&4$*4#L#&4%'.1L8%5&14%'*&0#D1(1&L%9*i&)$1D1(?X&0#L&'1&4%P*8?&L#&?4%"$19J#)#5?
4%D#.%&*&9$%(/#(*&4$1LD1"*&H?&51X&(#&*D1X&D1>?&(1%.*"'0*D&'"#$*(#D#&(#>1(&%L.%D#0&*
51L(1&9$%(/#(1&'"$1.*<1X&+"%&/(#P*X&L#&51&?&'"#$?&(#'1%9*(?&?+#%&*&51L#(&(%)*5*&1.1D1(#" 
H#&P*81(*<#&?(%'*&(1&D#.?&/#9?(?&?&4*"#81&V$%(%.%+01&'"#$%'"*&%)#&"$*&(#'1J#
B1$#D*P0*&4$%*/)%L*&0.#0#$'0*&4%0#/?5?&4%&')%5%5&4$*D*"*)(%'"*&*&%L'?'")?&')#01&)*+1
?D1"(*P01&%$(#D1("*01&L#&'?&%P1)*L(%&'"#$*5*&%L&9?"D*$'0*VX&0%5*&(%'1&(#&'19*&%91.1S51
51L(1&)1Q&'"1P1(1&<*)*.*/#<*51&R.*X&L%0&?&;?"D*$?X&D1>?&"%.*0%&'"%"*(#&%"0%4#(*V
4$1LD1"#X&(*51&(#>1(%&#4'%.?"(%&(*+"#&%L&D1"#.#X&?&B.#0#$?&C#&*D#&B%D1&%(L#&L#&'1
4$*4*+1&)1Q#&'"#$%'"“&-#&.*&51&%L'?'")%&D1"#.#&?&;?"D*$?&L%)%J#(&0$*"1$*5X&L#&'1&%(
L#"*$#&4$1&B.#0#$#&*&?&P*'"&(1%.*"*0?D“&W&H$?V1.0#&L#51&4$)1('")%&B.#0#$?X&#&*&/#&(#'1J1
?&T%)%D&e101$?&(#.#/*&L#&51&4$1"1P#&9?"D*$'0%DX&4%+"%&'1&?&81D?&5#)J#5?&F4$)*&)$4P#'"*
'4*$#.(%D1#(L$#'"*&D%"*)*X&0%5*&?&;?"D*$?&L%'1C%+1&')%5&0.#'*<*"1"F 
!&(#.#/*D#&?&B.#0#$?&F?&')1D?&'1&4%L?L#$#5?F&(#.#'<*&?&(1%.*"'0%D&(#'1J?&-%81&=#V#.1X&?


 

 ,
`$#+5?&(#&!#)*X&0%51&51&%"0$*)1(%&2&C%L&*&%&0%D1&L%'#L#&*D#D%&'#D%&4$*)$1D1(&*
4%)$+#(&*/)1+"#5
`9*J1&N*C?$#X&'"#"?1"#X&%L(%'(%&"#0%/)#(*V&*L%.#X&0%5*&'?&(#>1(*&?&;?"D*$?X&L#51&)$.%
4%?P(*V&#(#.%C*5#&'#&N*C?$#D#&(1%.*"'0*V&(#'1J#&?&O#9.#(*<*&0%L&=1>?.?S5#X&?&_#$+*5*
0%L&Y*48#&*&=#.%D&-$?D?&0%L&3%4%)*Q#&?&!$9*5*X&;1.%C&;$1C#&?&;#(#"?&*.*&31"$*+#&?
[C#$'0%5&T#&%'(%)?&"*V&#(#.%C*5#&L#.%&'1&?")$L*"*X&&+"%&'1&?&%'"#.%D&D%C.%&*
4$1"4%'"#)J#"*X&&L#&51&9?"D*$'0#&0?."?$#&?&*/)1'(%5&)1/*&'#&%'"#.*D&(#'1J*D#&"*V&)$1D1(#
?&L?(#)'0%D&4%L$?P5?&T%)*5#&4$%?P#)#8#&*&0%D9*(#<*51&L#5?&D%C?Q(%'"*X&L#&'?&"1&)1/1&*+.1
*&L#J1X&*&L#&51&9*.%&L%L*$#&'#&0?."?$%D&1C15'0*V&*&D#.%#/*'0*V&(#'1J#X&#&4%'19(%&0.#'*P(1
H$%51&H#&'1&)1/#&(#.#/*&(#$%P*"%&?&%9.*<*D#&*&%$(#D1("*D#&01$#D*01&H#0%&'1X&(#&4$*D1$X
/#&'4*$#.(1&9?"D*$'01&*&(%)%+1V1$'01&%$(#D1("1&(#+.%&L%'"#&'.*P(%'"*&?&')*D&/1DJ#D#
L?(#)'0%C&4%L$?P5#&*&5%+&L#J1i&#&(#&D(%C1&'1&'.*P(%'"*&D%S1&?0#/#"*&*&0%L&L$?C1&)$'"1
%$(#D1(#"#X&0#%&4#$#.1.(*V&?&"$%0?"?&'.%DJ1(*V&4$#)#<#&*.*&?4.1"1(*V&+$#N*$#(*V
4%.?4#$#.1.%C$#D#&\#&%L1Q?&(#&'"#"?1"#D#X&0%5#X&?&(10%.*0%&4$*D1$#0#&*/&!$9*51&*&D#81
5#'(%&*/&;?"D*$#X&4$1"'"#)J#&'#D?&4$1C#P?X&91/&*P1C&L$?C%CX&4$1"4%'"#)J#&'1&'&$#/.%C%D&L#
(1&D%S1&%LC%)#$#"*&0.*D#"'0*D&4$*.*0#D#&;#.0#('0%C&3%.?%'"$)#X&*&L#&51&(#&8*D#
*/$#>*)#(#&E#0%&51&"?&$#>1(#G&'#D%&4%&?/%$<*D#&L%(1'1(*D&%L(10?L&'&5?C#&U&*(#P1&51&/#
L%'"#&)1.*0&L1%&01$#D*P0*V&"*4%)#&4$*.*P(%&?")$>1(%X&L#&'?&.*)1(*&4%&D1"#.(*D&?/%$<*D#X
0%5*&'?&'#&0?."?$(*51C&5?C#&L%(%+1(*&(#&'1)1$X&?&4$1L1.1&5%+&4$*D*"*)(1&(1%.*"'01&0?."?$1
[&%'"#.%DX&"#&'1&)1/#&(14%'$1L(%&?")$>?51&*&"*DX&+"%&'1&0%L&(#'&P1+Q1&(#.#/*&4$1LD1"#&%L
%4'*L*5#(#X&0%C#&(1D#&?&(#+*D&0$#51)*D#X&#&0%5*&'1&*(#P1&(#.#/*&?&B#$4#"*D#X&?&M$P0%5&*
=#.%5&R/*5*&T#&%'(%)?&"#0)*V&4%5#)#&*&D*'.*%&51&!%N?'&=*.1$&L#&D%S1&4%'"#)*"*&%)?
")$L8?&FB?."?$#X&0%5#&51&?&M$P0%5&4$1.#/*.#&?&)1.*0%&D*01('0%&L%9#X&'")#$#.#&51&0%L
'1)1$(*5*VX&"$#P0*V&*&*.*$'0*V&(#$%L#X&4%P1"#0&L#J1CX&#.*&%'0?L(%CX&$#/)%5#&/#&)$1D1
0#D1(%&*&9$%(/#(%F&H#&0?."?$#&5?C#&D%C.#&51&L%.#/*"*&(#D#&*.*&-?(#)%D&*&!#)%D&'#&%9#.#
d$(%C#&=%$#X&%L&"#D%+8*V&C$P0*V&0%.%(*'"#i&*.*&L1.*D*P(%&4$10%&L#(#+81&;?C#$'01X&P*5*
4$1V*'"%$*'0*&(#.#'<*&*D#5?&*/)1'(*V&#(#.%C*5#&'&(#+*D#i&*.*&5%+&)1$%)#"(*51&'#&%9#.#
O#L$#('0%C&=%$#
\#&'#D&;?"D*$&4%'"%5*&D*+J181X&L#&%(&4$*4#L#&D.#>%5&41$*%L*&(1%.*"'0%C&L%9#&=*+J181
'1&"%X&?&C.#)(%DX&%'(*)#&(#&%)*D&0%('"#"#<*5#D#&+"%&0%L&81C%)*V&'"#"?1"#&4$1).#>?51
'.%9%L(*&'"*.X&+"%&*'4?8#)#&"$#01&?$1/*D#&#&(1&?9%L*D#X&*&+"%&*D#&(#&4%'?>?&D%"*)&"10?Q1
'4*$#.1&F;?"D*$'0#&01$#D*0#&4%/(#51&<*0<#0&"$#0?&*&$%D9&0#%&'#D%'"#.#(&%$(#D1("#.(*
D%"*)X&+"%&51&"#0%>1&%/(#0#&4%/(*51C#X&#&(1&P*'"%C#&(1%.*"'0%C#&L%9#F &3%&K#'*Q?X&;?"D*$
*4#0&4$1"'"#)J#&F(#5'"#$*51&(#'1J1&%)1&)$'"1&?&;%'(*FX&#&D%S1&'1&F(#5$#(*51&L#"%)#"*&(1&?
4$1D1"#.(%X&(1C%&?&%9*D?&D1"#.(%C&L%9#&?&fC15*X&4%'.1&,77227&C%L*(1&4$1&:$X&#&D%SL#&*
L%<(*51F
&!"?L*$#5?Q*&4%L$%9(%&4$1V*'"%$*'0?&K*(P?X&&/#&0%5?&)1$?51&L#&51&5%('0#
0%.%(*5#&'&1C15'0%D&0?."?$%DX&K#'*Q&51&0#'(*51&D*'.*%X&L#&51&*&"%&L#"*$#81&4$1)*'%0%&*&L#&51
;?"D*$&L1.*D*P(%&D.#>*&%L&(#5'"#$*5*V&K*(P*(*V&14%V#X&*&L#&*L1&?&4%D*01('0%&L%9#X
%L(%'(%&?&aIIaI&)10&4$1&:$
H%&D*+J181&?&(#?<*&(*51&4$*DJ1(%&*&)$.%&51&'4%$(%X&#.*&51&')#0#0%&/#(*DJ*)%&;?"D*$'0*
'"#(%)(*<*X&D*'.*&%(X&%L$S#)#.*&'?&)1/1&'#&O#L$#('0*D&=%$1D&L%.*(%D&$101&T1$1")1X&#&(1
L%.*(%D&;%'(1X&4$10%&!#)1&*&-?(#)#X&'#&d$(*D&=%$1D&`L&O#L$#('0%C&=%$#&F4$%L*$#.#&51
)*+#&1C15'0#&0?."?$#&?&?(?"$#+8%'"&;%'(1FX&#&'&8%D&*&9?+1(#&0#D1(#&%$?>#&"?>1C&4%$10.#X
4#&*&'4*$#.%*L(#&L10%$#<*5#&`)#&4%'.1L8#&L%+.#&51&4$10%&D1"#.(%C&%$?S5#&*&D1"#.(%C
(#0*"#&D*01('01&0?."?$1&3%&"%D1X&%(L#X&F(#'1J1&?&;?"D*$?&(*51&(*&?&0%D&'.?P#5?&'"#$*51&%L
0$#5#&'$1L81C&=*(%5'0%C&*.*&4%P1"0#&4%/(%C&=*(%5'0%C&L%9#&?&fC15*X&*.*&5%+&9%J1&(#
B$*"?F
!#&%)%CX&5%+&%4Q1(*"%&(1?')%51(%CX&C.1L*+"#&*/.#/*.%&9*X&L#&'"#(%)(*+")%&;%'(1&D.#>1C
0#D1(%C&L%9#&(*51X&*4#0X&?&')1D?&4$*4#L#.%&*'"%5&D#"1$*5#.(%5&0?."?$*X&0%5%5&'?&4$*4#L#.#&*
%'"#.#&4.1D1(#&C%$81C&L1.#&;#.0#('0%C&3%.?%'"$)#&]1C%)%&C$#)*"#<*%(%&4%L$?P51&9*.%&9*


 

 6
4$1"1S(%&(#&L$?C%5&'"$#(*&(1C%&%(%&L?(#)'0%C&'"#(%)(*+")#X&+"%&(#D&'1X&(#&%'(%)?
L%'#L#+81C&(#>1(%C&D#"1$*5#.#X&(1&P*(*&4%"4?(%&)1$%)#"(%&3$1&Q1&9*"*X&L#&51&;?"D*$X&)1Q
4%&')%D&C1%C$#N'0%D&4%.%S#5?X&*D#%&)1/#&?&%9#&4$#)<#X&*&L%.*(%D&;%'(1&*&L%.*(%D
T1$1")1 &-#&51&?&;%'(?X&4$10%&!#)1&*&-?(#)#X&D%C#%&L%.#/*"*&?"*<#5&1C15'01&0?."?$1&?&"%
$#(%&L%9#X&L#51&*/)1'(1&L%0#/1X&(#&S#.%'"&5%+&(1L%)%J(%&*'4*"#(%X&(1%.*"'0%&(#'1J1&?
-%8%5&=#V#.*X&0%L&`$#+5#&(#&!#)*&H?&'?&(#>1(*&%L.%D<*&S?Q0#'"*V&4%'?L#&'&%$(#D1("%D
.*(*5#&<$)1(1&9%51X&+"%&L%(10.1&?0#/?51&(#&?"*<#51&0$*"'01&0?."?$1 
R.*&4%$1L&"*V&?"*<#5#X&0%5*&'1&'&D#81&)*+1&'*C?$(%'"*&D%C?&?")$L*"*&?&;?"D*$?X&?&81D?&'1
$#/)*.%&*&(10%.*0%&')%5*VX&.%0#.(*VX&%'%91(%'"*&H#0%&9?"D*$'0#&01$#D*0#&'#&?/%$<*D#
?/1"*D&*/&4$*$%L1X&%L&"*0)1&(#&4$*D1$ *D#&L$?0P*51&%9.*01&(1C%&D1C#.*"'0#&*.*&#.4*'0#X
#&(1D#&9%5#L*'#(*V&%$(#D1(#"#&0#%&*'"%P(%1)$%4'0#X&(*"*&51&%(#0%&$#/(%)$'(#&0#%&"$%5#('0#
3$1LD1"&4%'19(*V&'"?L*5#X&0#0%&)*L1'D%X&9*.#&51&'4*$#.(#&%$(#D1("*0#&'#&9?"D*$'0*V
4%'?L#&H)$L*.%&'1&'&51L(1&'"$#(1X&L#&51&"#&%$(#D1("*0#&(1#?"%V"%(#&*&L#&51&?(1'1(#&%L
4?"?5?Q*V&.%(P#$#&B#%&C.#)(*&$#/.%/*&(#)%L*.*&'?&'1&%)*&F+"%&(1D#&4%'"?4(%'"*&?
$#/)*"0?&%)1&L10%$#<*51X&(1C%&(#4$%"*)&P#0&'1&?&)1Q*D&L?9*(#D#&(#.#/1&0%D4.*0%)#(*51X&#
?&D#8*D&D#81&0%D4.*0%)#(*51&D?'"$1F&*&F+"%&'1&')1&"%&4%5#)J?51&51L(%&4%$1L&L$?C%CF&*
C%)%$*&/#&"%X&FL#&51&<1.%0?4(#&'4*$#.(#&L10%$#<*5#&4$*DJ1(#&0#%&C%"%)#&'#&'"$#(1F&!
L$?C1&'"$#(1&(#)%L*&'1X&L#&;?"D*$&(*51&?'#DJ1(#&4%5#)#&?&')1"?X&(1C%&L#&'1&*&4%
)#(1)$%4'0*D&0$#51)*D#&*&?&')%5&f)$%4*&'1D&'1)1$#&5#)J#5?&4%'?L1&'#&'4*$#.(*D
%$(#D1("*D#X&D%SL#&*&0#%&$1/?."#"&'#D%(*0.%C&?D1"(*P0%C&$#/)*5#8#&Y#/(%)$'(%'"
"1V(*01&*&'#)$+1(%'"*&4%"*P1X&%'*D&*(L*)*L?#.(*V&%'%91(%'"*&$#L(*0#X&*&4%&L?S%5
"$#L*<*5*&4%'.#&*&4%&$#/(*D&?&"$C%)#P0%D&4$%D1"?&?(1'1(*D&4$*D1$<*D#X&+"%&(#D&'1&P*(*
0#%&(#5)1$%)#"(*51&"?D#P181&"$1Q1&C$?41
B&e?V#$L"&4%L).#P*&P*81(*<?X&L#&?&;?"D*$?&(*0#0%&(1D#&9%5#L*'#(*V&%$(#D1(#"#X&#.*&L#
*D#&D(%C%&*L%.#&*&"$#0#'"1&01$#D*01&UL%.#&(1D#&(*0#0%&(#&'1)1$?&*&'1)1$%/#4#L?&f)$%41X
F#.*&*V&L%9$%&4%/(#51&<1.%&!$1L%/1D(%&=%$1&%L&4#.1%.*"*0?D#&O?S(1&o$#(<?'01&*
e4#(*51F&H1&*L%.1&(1&4%/(#51&"$#0#'"#&01$#D*0#&?&')%5%5&'"#$*5%5&41$*%L*&(*&(#&'$1L81D
-?(#)?&e?V#$L"&*/&"%C#&/#0J?P?51X&L#&51&?"*<#5&?&"%D&4$#)<?&)$+1(&(#&5#L$#('0%5&%9#.*&*&'#
81&L#J1&?&?(?"$#+8%'"&Y#/)*51(*5*&*&L10%$#"*)(*5*&"*4&01$#D*01&'#&4%L$?P5#&L%81C
-?(#)#&4$1D#&51L(%'"#)(*D&%9.*<*D#&"1&0?."?$1&(#&'$1L81D&-?(#)?&L%)%L*&C#&L%&/#0J?P0#
L#&$#/)*51(*5*&"*4&(*51&4$)%9*"(*X&(1C%&')#0#0%&%(#5&4$%'"*&*&L#&51X&4$1D#&"%D1X&"$#0#'"#
01$#D*0#&L%+.#&*/&'1)1$(*V&%9.#'"*&(#&-?(#)X&#&(1&%9$#"(%&[&')#0%D&'.?P#5?X&;%'(#&51
9*.#&4%L$?P51&(#&0%D&'?&'1&?0$+"#.*&$#/(*&?"*<#5*X&0%51X&0#0%&Q1D%&)*L1"*&/#&L#J1&41$*%L1X
D%S1D%&?")$L*"*&(1'?D8*)*D&(14%'$1L(*D&L%0#/*D#
3$1.#/&*/&0#D1(%C&?&9$%(/#(%&P*(*&9#0#$(%&*.*&1(1%.*"'0%&L%9#&T#&9%'#('0%D&4%L$?P5?
%(%&51&)$.%&%'0?L(%&*&91/&)1Q1C&/(#P#5#&!)*&(#.#/*X&0#%&*&?&!$9*5*X&'#D%&'?&4%51L*(#P(*i
(*CL1&'1&5%+&(*51&(#*+.%&(#&51L(%&(#'1J1&'&"#0)*D&*.*&4$1"1S(%&"#0)*D&0#$#0"1$%D&T#>1(1
'?&4%(#5)*+1&'10*$1X&*&"%&?&M$*P*&E'$1/&K#$<#$K#0?NGX&A2&0%D#L#&?&B#$#)*L#D#&0%L
B.#L#$#X&?&B%/#$<?&&0%D#L#&?&51L(%D&.%(<?X&?&b%V*8*&*&?&`$#+5?&T#.#'<*&)1.*0%C&9$%5#
'10*$#&(#&51L(%D&D1'"?X&0#%&+"%&51&'.?P#5&?&M$*P*X&L#&'1&%95#'(*"*&51L*(%&"#0%X&L#&51X&"?&9*.%
(10%&'0.#L*+"1X&0%51&51&(#&"%D&D1'"?&*.*&(#D1$(%&/#0%4#(%&*.*&(10*D&'.?P#51D&/#"?$1(%
U(#P1&51L#(&"*4&"*V&'10*$#X&'&%9.*0%D&(#Z#0#&*&<*.*(L$*P(%D&$?4%D&/#&'#4&'#&%L)%51(%DX
'#)*"%D&*&C%"%)%&"$%?C.#'"%D&'10*$%DX&#(#.%C#(&51&"*4?&(#>1(%D&(#&(10%.*0%&D1'"#&4%
:$)#"'0%5&*&!.#)%(*5*&[&B#$#)*L#D#&'?&(#>1(#&P1"*$*&0.*(#&*&51L#(&9?L#0&%L&51L(1&)$'"1
9?L#0#&'#&L)1&%+"$*<1&L%'"#&P1'"1&?&!$9*5*&E&4%/(#"*V&0%D#L#G&*&?&!.#)%(*5*&U&?
C$*P0%D&(#.#/?&9*.%&51&+1'"&'10*$#&*'"1&)$'"1&U/&"1&P*81(*<1&D*'.*&'1&L#&'1&D%S1&*/)1'"*
/#0J?P#0X&L#&51&0#$#)*L'0%&'0.#L*+"1&9*.%&(10#&)$'"#&4$%L#5(%C&D1'"#X&(#&0%D&'?&'1&D%C.1
L%9*"*&')1&C.#)(*51&)$'"1&'#)$1D1(%C&%$?S5#&R.*&(#D#&'1&(1&P*(*&L#&9*&"%&D%$#%&9*"*&*
51L*(*&/#0J?P#0&*/&"1&P*81(*<1&[&0%/#$#P0%D&(#.#/?&'10*$1&'?&$#/.*P*"1X&#.*&')1
%+"1Q1(1&3%0?4J1(1&'?&9*.1&*.*&L#&'1&'4#'?&%L&(1P1C&*.*&'?X&+"%&51&)1$%)#"(*51X&L#"1&"?


 

 @
(10%D&/#&4%4$#)#0&F-#&'1&9#0$1(%&%$?>1&/#*'"#&?&'#D%5&;%'(*&4$#)*.%X&"%&(#D&4%/*"*)(%
L%0#/?51&51L#(&?.%D#0&/1DJ#(#&0#.?N#&'#&-191.%C&;$L#&0%L&!#$#51)#X&0%5*&51&'.?S*%&/#
*/J1)#81&'510*$#&?&%9.*0?&(#Z#0#&"*4#&4%/(#"#&(#D&*/&M$*P1F 
U/#&9#0$1(1&L%9#&(#'"#51X&4%&"$#L*<*%(#.(%5&'V1D*X&L%9#&9$%(/#&R.*&D*&?&;%'(*&(1D#D%
(*51L(%C&(#.#/*+"#&'#&4$1"1S(%&"*D&"*4%DX&(1C%&'1&5#)J#5?&)#S(#&*&)$.%&L?C%"$#5(#
0%("*(?*$#(#&(#'1J#X&0%5#&4%P*8?&'#&%$?>1D&0#D1(%C&L%9#&*&L%4*$?&')1&L%&4$)*V&)10%)#&%0%
:$*'"#&=#&*&(1&9*.%&(1%.*"'0%&%$?>1&?)10&L%0#/&(14%'$1L(%C&0#D1(%L%9'0%C&4%$10.#
L%"*P(1&0%.%(*51X&?&0%5%5&'1&(#>1X&%(%&*4#0&4%0#/?51&?&')#0%D&'.?P#5?&#0%&(1&(#'.1>1(?&#&%(%
4$*DJ1(?&"$#L*<*5?&*/)1'(1&0?."?$1X&0%5#&'1&*/&$#/(*V&4%"$19#&%L$S#)#.#
[&'#$#51)'0%5&0%".*(*X&?&0%5%5&'1&L#)(%&9*%&$#/)*%&;?"D*$X&4%'"%5#.#&'?&'*C?$(%&*&L$?C#
(#'1J#&'"#$%C&)$1D1(#.&?)1"%)#(#&9%C#"'")%D&)1C1"#<*51X&)%L1X&+?D#&*&*/L#+(%'"*&"%C#
0$#5#&T#&%9$%(<*D#&H$191)*Q#X&(#&\.#"*+"?X&(#&!%9?(#$?&#&(#&-191.%D&;$L?X&(#>1(1&'?
*/)1'(1&'")#$*X&0%51&4%"*P?&*/&(1%.*"'0%C&*&(1+"%&)*+1&*/&9#0#$(%C&L%9#X&#&(#$%P*"%&'1
(#+.%&D(%C%&4$1LD1"#&%L&9$%(/#&3%$1L&D(%C%&'"$1.*<#&*&0$1D1(*V&(%S1)#X&(#+.%&'1&*
L%'"#&(?0.15#&!#D%C&%4'*L*5#(%)%C&*)1$5#&(#+.%&'1&@&0%D#L#&U'"%&"#0%&91+1&L%'"#
0%+"#(*V&4$1LD1"#&%L&51.1(%)%C&$%C#X&"1&%L&4$1S*)#P0*VX&4#'5*V&*&.*'*P*5*V&L1.%)#
U.%)#'"*V&4%'?L#&51&9*.%&$#/(1&)$'"1&E(#>1(%&51&7&P*"#)*V&0%D#L#GX&*&"%&4%P1)+*&%L
9?"D*$'0%C&"*4#&4#&L%&4$*D1$#0#&#$1"*('01&4$%)1(*1(<*51X&*&P#0&'#&N*C?$#D#&1$%'#&`L
9$%(/#&51&(#>1(%&(10%.*0%&+?4J*V&01."%)#&*&(1+"%&L$?C%C&%$?>#&\#&"*4&51L(1&)1.*01
'10*$1X&%L&0%51&'1&51L#(&0%D#L&(#+#%&?&!#$#51)?X&#&L$?C*&(#&-191.%D&;$L?X&4$*D1"*.%&'1X&L#
*D#&%P*C.1L(*V&#(#.%C*5#&'#&4$*D1$<*D#&*/&C$P0*VX&"#.*5#('0*V&*&L#.D#"*('0*V&(#.#/#X&*
(#&%'(%)?&"%C#&'1&")$L*.%X&L#&51&?)1/1(X&%'%9*"%&'&%9/*$%D&(#&"%X&+"%&'1&(#.#/*+"#&"1&)$'"1
F$1L#5?&*'0J?P*)%&L?S&*'"%P(1&%9#.1&O#L$#('0%C&=%$#F
&`)L1&'1&(#+.%&*&)*+1&0#.?4#&/#
"#.181&D51L*X&P#0&*&51L#(&/#&4$'"181&`)#&(#'1%9*(#&51X&)$.%&4$%'"$#(#X&"$#5#.#&')1&L%&*/#
$*D'0%C&)$1D1(#i&%"?L&?&8%5&*&(1+"%&N*9?.#&$#/(*V&41$*%L#&.#"1('0%C&L%9#&*&D(%C%&S1.1/#
`P?)#(*&(#0*"&D#V%D&51&%L&9$%(/#X&*&"%&'?&(#$?0)*<1X&4$'"181X&%C$.*<1X&4$*)1'<*X&(#5/#L
L%'"#&L?CD#L*&*&2&0%D#L#&C%"%)%&(14%)$1>1(*V&+*)#Q*V&*C#.# &B#L&51&%)%&(#'1J1&(#'"#.%
(1&L#&'1&4%?/L#(%&$1Q*i&%(%&51&D%C.%&L#&'1&'")#$#&*&?&(1%.*"'0%&)$1D1X&#&D%C?Q1&51X&*'"%&"#0%X
L#&51&81C%)&(1%.*"'0*&D#"1$*5#.&?&"$#L*<*5*&;?"D*$#&*&D%SL#&'&8*D&?&)1/*
H#0)*V&0%("*(?*$#(*VX&#&')#0#0%&$#(%&/#4%P1"*VX&(#'1J#&*D#&?&9.*/*(*&!#$#51)#&5%+
(10%.*0%X&#.*&D#81&*.*&'#D%&4%)$+(%&*'4*"#(*V&H?&'?&Y#)(1&;#0*51&'#&L%'"#&%'"#"#0#
0%'"*&*&51L(*D&N$#CD1("%D&*L%.#&%L&*.%)#P1&`)L1&'?&0%('"#"%)#(*&*&%'"#<*&41Q*('0%C
D1L)1L#&*&)14$#&T#&!%9?(#$?&F*.%)#'"%C&<$14%)J#&*D#&"%.*0%X&L#&0?."?$(*&'.%5
D51'"*D*<1&P*(*&51L*(%&'41P1(#&D#'#&"#0%C&<$14%)J#F&=(%C1&4%'?L1&%L&*.%)#P1X&%C8*+"#&*
4141%&4%&8*D#&4%0#/?5?X&L#&'?&S*)1.*&J?L*&?&'"#.(%5&0%.%(*5*&R&L#&'?&9*.*&*&(#&*/)1'(%D
$#/)*51(*51D&'"141(?&0?."?$1&L%0#/?5?&%'"#<*&4%0.%4#<#&/#&4%'?L1X&S$)#8#&*&%L.%D<*
$1+1"#&[/&J?L1&"?&'?&S*)1.1&*&L%D#Q1&S*)%"*81i&*D#&?")$>1(*V&"$#C%)#&"$1'1"(%C
C%)1P1"#X&"$1'1"(1&')*81X&L%D#Q1C&4'#&9$%(/#(1&L%9*&*&L#9$#&M$#L*(#&o%$"*<#&4%L?L#$#&'1
4%&L%9?&*&4%.%S#5?&'#&(#'1J1D&\.#"*+"#&`(%&+"%&P*(*&(#$%P*"?&%'%91(%'"&%)*V&(#'1J#&"%
'?&?")$L1&?&%9.*0?&0$?S(*V&(#'*4#X&%L.*P(%&%P?)#(*&0#'"1.*51$*X&P*51&D(%C%9$%5(1
#(#.%C*51&(#.#/*D%&?&U'"$*&`)*&'?&(#'*4*&*D#.*&L#&+"*"1&(#'1J#&?&'.?P#5?&(#4#L#
`'"#"#0#&'"#$%C&(#'*4#X&?/&(10%.*0#&0$1D1(#&(#.#'0#X&%P?)#.%&'1&(1+"%&*&(#&%9$%(0?
UCD#(#X&?&K%50%)*Q*D#X&?&L(?&!#$#51)'0%C&3%J#X&CL1&'1X&*'"%&0#%&(#&-191.%D&;$L?X&(#'1J1
%L$S#.%&L%&*/#&$*D'0*V&)$1D1(# &T#&*'"%P(%5&'"$#(*&!#$#51)#X&?&=#$*(%)%5&41Q*(*&0%L
Y%C?+*Q#X&(#>1(%&51&(1+"%&*.%)#'"*V&?"#$#0#&'&(1+"%&$%S(#"%C&*&0$1D1(%C&%$?>#X&#&(*+"#
%L&0%+"#(%C&*&D1"#.(%C&D#"1$*5#.#&H?&51&?")$>1(&')*/#<&Em 
& GX&*/&P1C#&9*&'1
V"1.%&/#0J?P*"*X&FL#&51&"#L#+81&4%L(19J1&9*.%&$#/.*P*"%&%L&L#(#+81CF
H#0)%&51L(%&0%("*(?*$#(%&(#'1J1X&P#0&')1&L%&!$1L81C&K10#X&%P?)#(%&51&?&C$#L*(*&0%L
K#$)#$1X&?&4$%/%$'0%D&'$1/?X&4%L*C(?"%5&*'"%&(#&51L(%5&'"$D*(*&0#%&+"%&'?&*&%)#&'#$#51)'0#
!&(1+"%&D#.%&(1%.*"'0*V&%'"#"#0#X&0%5*&'?&"$#C%)*&81C%)1&(#5'"#$*51&0?."?$1X&%)%&(#'1J1&51


 

 
)#S(%&*&/#(*DJ*)%X&?&C.#)(%DX&4%&"%DX&+"%&51&?&81D?&(#>1(%&D(%C%&0#.?N#&/#&.*)181
9$%(/1X&*&"%&?&)$.%&$#/(%)$'(*D&%9.*<*D#X&/#&D#P1)1X&0%4J#X&L.1"#X&*C.1&*"L&`)%&51&L%'#L&?
P*"#)%5&;%'(*&*&:1$<1C%)*(*&(#5)#S(*51&D1'"%X&?&0%D&51&4%'"%5#.#&(10#&)$'"#&'"#$1&D1"#.(1
*(L?'"$*51&[&L%'"#&)1.*0%D&9$%5?&%'"#"#0#&4%'?>#&%L&*.%)#P1&%L&/(#P#5#&'?&"*4%)*
*D*"#<*51&4%'?L#&%L&4.1"1$#&*.*&0$%+8*<#&U(#P1X&4%&')%5*D&%9.*<*D#&"*4%)*&*/&K#$)#$1
4%"4?(%&'1&4%L?L#$#5?&'#&%(*D#&*/&\.#"*+"#&F3%'19(?&%'%9*(?&%)%C&(#'1J#&4$1"'"#)J#5?
C%$1&'?S1(1&4$*/D1&%L&/1DJ1X&D1>?&0%5*D#&*D#&(10%.*01&)1$"*0#.(%&4$%9?+1(*VF&T#'1J1
'1&%)%&%L$S#.%&*&*/#&Y*DJ#(#X&*&?&$#(%D&!$1L81D&K10?&L%9*.%&51&')%51&*D1&4%&4%/(#"%5
V$*+Q#('0%5&')1"*"1J0*X&0%5%5&"?&51&9*%&4%L*C(?"&V$#D&3%$1L&'"#$*V&$*D'0*V&(#'1J#
)%L*%&51&?&"%D&0$#5?&$*D'0*&)%5(*P0*&4?"X&0%5*&'1&L?C%&?4%"$19J#)#%&*&L%<(*51
O1L(#&%L&'"#$*V&0%("*(?*$#(*V&(#'1%9*(#&51&*&_?(C#$&0%L&d#/*(#&3%P1)+*&'&0#D1(*D
%$?>1DX&9$?'%)*D#X&S$)81)*D#&*&L$X&0%5*&'?&D#V%D&%L&L%D#Q1C&"1$<*5#$(%C&41+P18#0#X&'
(1+"%&?(1'1(%C&0$1D1(%C&%$?S5#X&"?&'1&(#.#/*&*&L%'"#&4$*9%$#&%L&0%'"*&[&81D?&'1&4%'19(%
%L)#5#&51L#(&%$(#D1("*'#(*&0%D#L&(#0*"#&3%'?L#&%L&*.%)#P1&*D#&)*+1&T101&'?&%L&8*V&'
4%J#X&#&(101&*&'#&%91&'"$#(1&D#/#(1&<$(%D&N*$(*'(%D&9%5%D&H%&9%5181&D*'.*&'1&L#&51&C$P0%C
4%$10.#i&?&#.4'0*D&/1DJ#D#&5#)J#&'1&%(%&"10&?&V#.+"#"'0%&L%9#&`'*D&"%C#&"?&51&(#>1(%
4$10%&A7&0%D#L#&4$+J1(%)#&?4%"$19J#)#(*V&4$*&"0#8?&T#$%P*"%&51&)$1L(#&4#S81&51L(#
"?&(#>1(#&0#<*C#X&?&%9.*0?&+1+*$#X&'#&"#(0*D&%9%L%D&*&41$)#/%D&%L&0$?+P*Q#&*&4#.D1"#&*
'#&L?CD1"*D#X&P*5*&'1&"*4&(#.#/*&?&D(%C*D&4%0$#5*(#D#&!$1L81&U"#.*51&E4%(10#L&'
1"$?$'0*D&(#"4*'*D#G&*&T%$*0?D#
[&*'"%D&<#/*('0%D&'$1/?X&?&e?D1<?&0%L&3%L/)*/L#X&(#>1(#&51&51L(#&(#D1$(%&?&/1DJ?
/#0%4#(#&*&9$%(/#(%D&S*<%D&4%)1/#(#&%'"#)#&$#/(*V&%L&4$1&%+"1Q1(*V&4$1LD1"#&9$%(/#(%C
D#"1$*5#.#X&0%51&51&9*.%&%L$1>1(%&/#&"#J181&H#J1(1&9$%(/#(1&D#'1&(#+.%&'1&"?X&(#&*'"%D
D1'"?X&A&LD&(*S1&?&/1DJ*X&*&(1L#.10%&%L#".1&?&31Q*D#&H%&51X&?%4+"1X&9*%&'"#$*&$?L#$'0*
0$#5X&+"%&4%0#/?5?&*&/#&'.%)1('0#&)$1D1(#&*D1(#&D1'"#X&0#%&!"#$*&=#5L#(X&;$%(/#(*&K#0?NX
31Q*X&?&0%D&51&D1"#.?$C*5'0#&$#L*(%'"X&0#%&+"%&'1&)*L*X&4%P1.#&)$.%&$#(%
K#S(#&*&9%C#"#&(#'1%9*(#&"1&)$'"1&51'"1&%(#&'%51(*P#$'0#&0%L&Y*4P#X&?&*'"%D&9*V#Q0%D
0$#5? &!%51(*<1X&%L(%'(%&(#'1J#&4%L*C(?"#&(#&0%J?&Er‚ X&F(#0%J'0#F&*.*
F(#0%J*P0#FG&0%5#&'1&%L$S#)#5?&5%+&*&L#(#'&?&(10*D&(#+*D&0$#51)*D#X&(#$%P*"%&%0%&[(1X
'4#L#5?&?&51L(%&%L&(#5'"#$*5*V&(#'.1>#&;#.0#('0%C&3%.?%'"$)#&O%+&:1$%L%"X&?&')%D&%4*'?
41%('01&/1DJ1&?&5?S(%5&=#Q1L%(*5*X&EaX&,GX&'4%D*81&"#&'"#$*('0#&(#'1J#&(#&0%J?&9.*/?
?+Q#&!"$?D1X&(#&51/1$?&3$#/*5#'?&*&%0%&81C#&T#&)*'%0%D&'4%51(%D&0%J?X&?'$1L&51/1$#X&9*.1
'?&4%L*C(?"1&8*V%)1&L$)1(1&0?Q*<1&*&)1/#(1&'&0%4(%D&'#D%&51L(*D&D%'"%D&=#.?&L1<?
)1/#.*&9*&/#&(%C?&L#&'1&'#&0%.*9#&(1&%D#0(?&?&)%L?&!)#0*&P%)10X&0%5*&51&*D#%&4$#)#&(#&)*+1
S1(#X&*D#%&51&L?S(%'"&L#&/#&')#0?&S1(?X&?&"%&'"#$%&(#'1J1X&L%(1'1&4%&"$*&0%<#X&L#&C#&4%5#P#&*
4$%+*$*&!%51(*P#$*&'?&J?L*&0%5*&'?&'1&(#5)1Q*D&L1.%D&9#)*.*&$*9%.%)%D&\#&%)1&(#0%J<1
?&'"$?D'0%5&L%.*(*&:1$%L%"&P#0&'#%4+"#)#X&L#&'?&$*9%D&V$#(*.*&*&')%5?&'"%0?&Y*4#P0*
'%51(*P#$*X&D1>?"*DX&9*.*&'?&J?L*&D(%C%&+*$1C&*("1$1'#&]*V%)#&(#'1J#X&0%5#&)1$%)#"(%
4$*4#L#5?&L)#D#&41$*%L#D#&#&V)#"#5?&L%& 777&DX&4%0#/?5?X&4%$1L&%9*J#&0%+"#(%C&%$?>#&/#
$*9#$'")%X&L#&'?&'1&9#)*.*&5%+&*&D1"#.?$C*5'0*D&4%'.%)*D#X&C#5181D&'"%01&*&$#"#$'")%D
B1$#D*0#&51&*'"%&"#0%&9%C#"%&/#'"?4J1(#&O1L#(&%P?)#(*&/1DJ#(*&'#P&'#&(1+"%&L$?C*V
%L.%D#0#&4%0#/?51X&L#&51&V.19&41P1(&(#&%C8*+"?&4%L&8*DX&4%L&S1$#)*<%DX&0#%&+"%&'1&*&L#(#'
$#L*&(#&D(%C%&'"$#(#&`&4%/(#)#8?&S*"#&')1L%P1&%'"#<*&%P?)#(*&?&'#D*D&(#'1J*D#i&L%'#L
'?&?")$>1(1&%)1&)$'"1&L)%/$(#&+1(*<#&E   & GX&51P#D&*&4$%'%i&L#J1&9%9&*&'%P*)%
\#&S*"%X&D1>?"*DX&5%+&(*'?&9*.*&?&?4%"$19*&D.*(%)*X&(1C%&'#D%&0#D1(*&S$)8*&[&"%&)$1D1
)1Q&'1&/#&V$#(?&?4%"$19J#)#&*&)%Q1X&)1Q*(%D&L*)J1&*.*&%(%X&0%51&(*51&5%+&%L&J?L*&(1C%)#(%X
0#%&L$1(X&"$8*(#&D#.*(#X&.1+(*0X&L*)J#0#&5#9?0#X&0$?+0#&*&)$'"#&L*)J1&"$1+81&E 

 G&`L&L%D#Q*V&S*)%"*8#&J?L*&"%C#&)$1D1(#&*D#.*&'?&)1Q&4$*4*"%DJ1(1&P1"*$*&)$'"1
)%.#X&L)1&)$'"1&')*81&*&%)<1X&0%/1X&0%8#&*&"$*&)$'"1&4#'#&O1L(#&)$'"#&0?Q81C&4'#X&
&‚
q  X&'.*P#(&.*'*<*X&F(#+#%&'1&'#D%&?&"1$#D#$#D#&U"#.*51X&L%P*D&?&'%51(*<#D#
+)#5<#$'0*D&*&?&%'"#.%5&'$1L8%5&f)$%4*&N#.*F
&3%D%Q?&4#'#&J?L*&%)1&(#'1%9*(1&9#)*.*


 

 7
'?&'1&*&.%)%D&*&?&8*V%)*D&(#.#/*+"*D#&?")$>1(*&'?&%'"#<*&D1L)1L#X&/1<#X&'$(1X&51.1(#X
.#8<#&E 
&GX&0%/%$%C#X&5#/#)<#X&.*'*<1X&L*)J1&D#P01X&")%$*Q#X&)1)1$*<1X&4?V#&*
(#$%P*"%&D(%C%&L#9$#i&%L&"*<#&%$.#X&C#)$#(#X&4$141.*<1X&L*)J1&C?'01&*&4#"01&U/(1(#>?5?Q*
9*%&9*&L%(10.1&(#.#/&41".#X&0%C#&51&O&T&K%.L$*V&D*'.*%&L#&D%S1&%4$1L1.*"*&4%&L)1
'?D8*)1&0%'"*&*&51L#(&%'"#"#0&L$%D1L#$# &3$+J1(%)#&%L&*.%)#P1&9*.%&51&?&%)%D
$*9#$'0%D&0$#5?&)$.%&D(%C%&*&/#(*DJ*)%&51X&L#&'1&5%+&*&L#(#'&'"#(%)(*<*&%)1&%0%.*<1&'.?S1
'.*P(*D&?"1C#D#&U'"%&"#0%X&L%&(1L#)(%&'?&"#D%&9*.*&?&?4%"$19*&*&0#.?4*&/#&.*)181&0?C.#X
0#0)*&'?&?4%"$19J#)#(*&*&?&'"#$%&L%9#&\#&0?."?$(*5*&'"?4#8&'"#(%)(*+")#&%)%C
(#0%J*P0%C&(#'1J#X&0%51&51&L1.*D*P(%&4$%4#.%&?'.1L&)#"$1X&#&4%'.1&"$#5#.%&*&/#&$*D'0*V
)$1D1(#X&L%0#/&51&*&"%X&+"%&'?&/(#.*&L#&"0#5?&(#&4%'19(*D&?'4$#)(*D&'"#(%)*D#X&*&+"%&'?&?
)1Q%5&D1$*&?4%"$19J#)#.*&+*)#Q1&*C.1&%L&0%'"*&-#&'?&$#(%&9*.*&?&'#%9$#Q#5?&'#&%'"#.*D
')1"%D&4%0#/?51&)$.%&$1P*"%&51L(#&+0%J0#X&† &X&0%5#&51&?&*/)1'(*D&#N$*P0*D
0$#51)*D#&(#&)$.%&)*'%0%5&<1(*X&(10%.*0%&4$*D%$'0*V&%+"$*C#&*&51L#(&4$*D1$#0&+0%J01
†  &~  
-$?C%&)1.*0%&9%'#('0%&(#'1J1&(#&0%J?X&51L(%&%L&?%4+"1&(#59%C#"*5*V&(#&9#.0#('0%D
/1DJ*+"?X&"%&51&> >&0%L&;%'&M$#L*+01 &H%&51X&?&%'"#.%DX&D1'"%&(#&0%D&*&L#(
L#(#+8*&4%'"%51&(#0%J*P01&(#'1%9*(1X&0%51&'1&D%C?&%/(#P*"*&0#%&(#5"*4*P(*51&/#&;%'(?X&#
)$.%&4%?P(1&/#&P*"#)?&f)$%4?&?%4+"1&!"#$#&(#'1%9*(#&?&-%.*(*&(*51&9*.#&'#'"#)J1(#&%L
4$*D*"*)(*V&L$)1(*V&0%.*9#X&(1C%&4%0#/?51&$#/)*51(*5*&"*4&/C$#L#&'#&)1Q*D&4%"$19#D#&*
0?."?$%D&3%L(*<#&51&?&8*D#&*D#.#&(#9%5&%L&*.%)#P1X&#&"#0%&*'"%&*&L$)1(*&/*L%)*&F[
D(%C*V&'1&/C$#L#&D%C.%&?'"#(%)*"*X&L#&'?&'%91&*D#.1&'"$%4&#&)*+1&81C#&"#)#(X&0%5*&51&'.?S*%
0#%&'4$1D(*<#&\C$#L1X&0%51&'?&'.?S*.1&/#&'"#(%)#81X&9*.1&'?&$#/L*51J1(1&?&&*.*&A
4$%'"%$*51&#&?/&')#0?&%)#0?&/C$#L?&(#>1(1&'?&4%D#81X&0%51&'?&'.?S*.1&0#%&V#D9#$*&*&+"#.1F
[&'$1L*(*&0?Q#&9*.%&51&%C8*+"1X&(#&C?'"%D&(#9%5?&*.%)#P1X&F%4#'#(%&?&%9.*0?&)1.*0%C&0%".#
27&<D&)*'%0*D&/*L%DX&?&0%D?&9*5#V?&(#&L)*51&'"$#(1&4%.?0$?S(1&?L?9*(1&/#&$#S#8&#&(#
.*<?&*&%"$#C#&P?L(%)#"*&<*51)0#'"*&?(#0$+"1(*&(#'"#)<*X&L%J1&?$*51+1(*&.*514%D
%$(#D1("*0%DX&0%5%5&51&C.#)(*&1.1D1(#"&F')#'"*0#FX&F'*D9%.&'?(<#&*&)#"$1F&[&-%.*(*&51X
L#J1X&(#>1(%&%L.%D#0#&4%&0%5*D#&'1&D%S1&'?L*"*&L#&'?&'1&'%51(*P#$*&"%C#&0$#5#&'.?S*.*
/#")%$1(*D&P1")$"#'"*D&/1DJ#(*D&41Q*D#&/#&%C$1)&*&L#&'?&*D#.*&41Q*&/#&V.19&O1L#(&)1.*0*
P#D#<X&27&&L?CX&*&"%&)#($1L(%&.14%&%P?)#(*&4$*D1$#0&P?(#&*/L?9J1(#&%L&51L(%C&L$)1"#X
”•–—˜Ž•X&0%5*&'1&L#(#'&(#.#/*&?&\1D#J'0%D&=?/15?&?&!#$#51)?X&4$*0#/?51&'#%9$#Q#5(#
'$1L'")#&(#'1J#&*&*/)1'(?&4%L?/1"(%'"&4%)1Q1C&/#D#V#&`(%X&+"%&51&?&-%.*(*X&4%$1L&"%C#X&%L
(14$%<18*)1&)$1L(%'"*X&"%&51&P*81(*<#&L#&'?&?&8%5&(#>1(*&)$.%&.14%&%P?)#(*&C$%9%)*X&'#
C$%9(%D&0?."?$%D&"*V&'"#(%)(*0#&O1L#(X&*&"%&)1Q*&L1%&8*V%)X&'#L$S*&D$")#<1&?&L$)1(*DX
L#(#'&0#$9%(*$#(*D&'#(L?<*D#&*&0%$*"*D#X&'#V$#81(1&?&<1.*(*i&L%0&L$?C*X&D#8*X&L1%&*D#
'#D%&'4#J1(1&0%'"*&%P?)#(1&?&S#$#D#&[&'#$#51)'0%D&D?/15?&"*&'1&C$%9%)*&L#(#'&)*L1&/#51L(%
'#&P*"#)*D&9$%(/#(*D&(#0*"%D&0%5*D&'?&9*.*&?0$#+1(*&*&'#&'#0$#.(*D&4%'?L#D#X&?&0%5*D#
'?&*D&4%L(1'1(1&4%'.1L81&4%(?L1&/#&L$?C*&')1"&-%8%L%.*('0#&(#'1%9*(#&4%P*81&*/
9$%(/#(%C&)$1D1(#X&0#%&*&%(#&?&Y*4P?X&*&L%4*$1&L%&'$1L8%.#"1('01&41$*%L1X&%L(%'(%&(1CL1
%L&:III&Ia&)10#&4$1&:$*'"#&B#%&$*4P#('0#&(#'1%9*(#&*&%)#&51&D(%C%&4%.#C#.#&(#&C#5181
'"%01&*&9#)*.#&'1&.%)%D&!)1&S*)%"*81&/#'"?4#(1&"#D%&(#>1(1&'?&*&%)L1i&51L*(%&'?&(%)*
%'"#<*&)$.%&$1"0%C&*&L#(#'&0%L&(#'&4%"4?(%&*/?D$.%C&.%'#&E 
& 
G&`L&S*"#&*D#.*&'?
*&%9*P(?&+1(*<?&E  &  G&*&L)1&)$'"1&4$%'#&E & &*&
 &  &G&?/
51P#Di&#&%L&4%)$Q#&C$#VX&C$#+#0&*&'%P*)%&[&-%.*(*&51&)1Q&4%'"%5#.%&*&C$%S>1X&L%0&?&Y*4P?
81C%)#&1C/*'"1(<*5#&(*51&4%"4?(%&'*C?$(#&`L&L$?C*V&'1D18#0#&-%.*(#&51&*D#.#&5?$P*<?X
+"*$X&V1JL?X&.*'#<X&S#98#0&*&'4%$*+&FY#"#$'0#&"1V(*0#&51&*'"#&0#%&*&?&(1%.*"'0%&L%9#X&'
"%D&51L*(%D&$#/.*0%DX&L#&'?&0#D1(*&9?L#<*&/#D*5181(*&'&$%S(#"*D&O1.18#&'1&$%S*(#&?%4Q1
?&D(%C%)$'(%&%$?>1&?4%"$19J*)#.#X&%L&%0$#58*V&+*J#0#&4$#)*.1&'?&'1&)*.1X&P10*Q*X&$#/(1
L$S#.*<1X&%0%)*X&%'")1X&4#P1&*&S)#.1&/#&0%8'01&?/L1&*&(*/&L$?C%C#&"1&51&N#9$*0#<*5#
$%S(#"%C&%$?>#&9*.#&)#S#(&L*%&L%D#Q1&*(L?'"$*51F&B#%&?&Y*4P?&*&%)L1&51&9*.%
D1"#.?$C*'0%C&/#(*D#8#


 

 
\#&-%8?&-%.*(?X&0#%&*&/#&%'"#.#&(#.#/*+"#&*&(#'1J#&4%&B$#5*(*X&D%S1&'1&(#&%'(%)?&(#>1(*V
4$1LD1"#&'&)1$%)#"(%+Q?&?")$L*"*X&L#&'?&9*.#&?&)1/*&'#&/#4#L(*D&(#'1J*D#&'1)1$(1
-#.D#<*51X&b*01X&U'"$1&*&U"#.*51X&(#$%P*"%&?&')%51&0#'(*51X&.#"1('0%&L%9#&[&"%D&4$#)<?
L#5?&%L.*P(%&*'V%L*+"1&(101&)$'"1&N*9?.#&EP1$"%+01&*&*"#.'01G&B#$#0"1$*'"*P#(&51X&L#J1X
(#.#/&%L&@&0%D#L#&01."'0*V&*D*"#<*5#&D#Q1L%('0*V&"1"$#L$#VD*&o*.*4#&IIX&0%51&'?&9*.1&?
4$%D1"?&4%&P*"#)%5&3#(%(*5*X&T%$*0?D?&*&-#0*5*&\#&4$%D1"&'#&*(%'"$#('")%D&')1L%P1
(#>1(*&0%D#L*&5#("#$#&*&'"#0.#&*&'0?41&0#%$*+0%J01
`L&'"#$%C&/#(*D#8#&'"#(%)(*+")#&01$#D*0#&'1&5%+&*&L#(#'&L%'"#&(1C?51&?&%)%5&%0%.*<*X
'*C?$(%&4%(#5)*+1&'&"%C#&+"%&!#)#&?&%(%5&/1DJ*&'")#$#&)$.%&?4%"$19J*)&D#"1$*5#.&/#&"?
)$'"?&$#L#&K#S(%&51&/#&0#$#0"1$*'"*0?&4$*D*"*)(%'"*&"%C#&4%'.#X&L#&'1&*&L#(#'X&0#%&*&4$1X
.%(<*&$10?&(#&%")%$1(%5&)#"$*X&L#&'1&$#L1&4$%'"%D&$?0%DX&L#&'1&?&*.%)#P?&D1+#&)#4(1(*
41'#0&*&L#&.%(P#$*&?4%"$19J#)#5?&4%'19#(&4%'"?4#0X&FL#&*D&4%'?L1&L%9*)#5?&<$(?&C$#N*"(?
4%)$+*(?X&0%5#&0#$#0"1$*+1&D(%C1&4$1V*'"%$*P01&4%'?L1F U&4$+J1(%)*X&0%5*&'1
?4%"$19J#)#V?&$#(*51&4$*&$*9#$'")?X&'.?S1&5%+&*&L#(#'&?&4%'#)'0*D&D$1S#D#
-%.*(#&$101&!#)1&9*.#&51&?&'"#$%&)$1D1&L%'"#&C?'"%&(#'1J1(#X&+"%&51&*&$#/?DJ*)%&'&%9/*$%D
(#&4.%L(%'"&".#X&(#&9%C#"'")%&$*9#&?&)%L#D#&*&(#&9%C#"'")%&S*)%"*8#&?&+?D#D#&`L
(1%.*"'0*V&(#'1J#&"?&'D%&4%/(#.*&B.#0#$&(#&9%'#('0%5&'"$#(*X&#&4%'"%5*&*&51L(#&(#'1%9*(#
)*+1&;$%L#&(#&'.#)%('0%5&;.*/?&-%.*(1X&0%L&'1.#&=#P0%)<#X&?P*81(&51&51L#(&%)1Q*&(#.#/X
F0%5*&'1&'#'"%5#%&%L&9$%(<#(*V&'510*$#X&01."%)#X&'$4%)#X&'?.*<#&*&L$F&[/&'#D?&-%.*(?X&?
!*"(1S?&*&0%L&K%5'0%)1X&(#>1(*&'?&*/)1'(*&%'"#<*&*/&9$%(/#(%C&L%9#&F`9*.(*&9$%(<#(*
(#.#/&*'"%C#&L%9#&(#>1(&E51G&?&-$1(%)%5&L%.*(*&?&9$P#('0%D&0%"#$?Fi&L$?C*&0%L&`$#+5#&9.*/?
H%.*'1&'&"*4%)*D#&9#0$1(%C&L%9#i&#&"$1Q*&4%"*P1&*/&e#D<#&'&D(%C%&9$%(/#(*V&4$1LD1"#&T#
'.#)%('0%5&'"$#(*&?")$>1(*&'?&9$%(/#(*&(#.#/*&*/&`L)%$#0#&E'$1/&M$#L*+0#G&*&*/&=#P0%)<#X
'&%(?&'"$#(?&9%'#('0%C&!%51(*P0#&(#'1%9*(#&?&L%.*(*&!#)1&%"0$*)1(#&51&*&0%L&T%)%C#
M$#L#&?&9$%L'0%D&'$1/?X&(#&'.#)%('0%5&'"$#(*&3%$1L&D(%C%&0%+"#(%C&%$?>#&*&"?&51&(#>1(%
(10%.*0%&4$1LD1"#&%L&"?P#X&'#&%9.*C#"(*D&0#.?4*D#&*'"%&0#%&?&Y*4P?&*&-%8%5&-%.*(*
!"#(%)(*+")%&51&%)*V&%9.#'"*&9*.%&L1.*D*P(%&L%'"#&9%C#"%&*&S*)1.%&'#&*/)1'(*D
$#/?D1)#81D&$#'0%+*&]1C%)&(#0*"&$#/(%)$'"#(X&%9*.#"&*&P1'"X&?4%"$19J#)#(&51&/#&')1
L1.%)1&"1.#&*&'#&?D$.*D#&'"#)J#(&P#0&?&C$%9&O1L#(&>1$L#(&(#>1(&?&-%8%5&-%.*(*X&(1%P?)#(
4%"4?(%X&*D#&@ &5#("#$%)#&/$(#X&%L&0%5*V&'?&*/)1'(#&0#%&%$#V&*&.1+(*<*X&@@&51L(%9%5(*V&*&2,
%$(#D1("*'#(*V&/$(#X&*&(#5/#L&7&0%D#L#&0%.*0%&0#%$*+0%J01&H%X&?&)1/*&'#&'"#(%)*D#
%L&L)#"$*&%L1.18#X&'#&%C8*+"*D#X&41Q*D#&/#&V.19&*&41Q*D#&/#&%C$1)i&'#&%9*J1D&N*9?.#X
*C#.#X&0%4P*i&'#&)1.*0*D&%'"#<*D#&L%D#Q*V&S*)%"*8#i&'#&D#'%D&0#.?4#&/#&.*)181&4%"$19(*V
4$1LD1"#&%L&D1"#.#i&'#&%$?S51D&9%J1&)$'"1X&P#0&'#&0#<*C#D#&/#&%L9$#(?&C.#)1i&&')1&"%
4%0#/?51&L%)%J(%&5#'(%X&L#&51&(#'1J1&-%81&-%.*(1&9*.%&L#.10%&%LD#0.%&?&')%5%5&0?."?$*X&L#
4$1"'"#)J#&P#0&"*4&51L(1&0%.%(*51&'#&$#/)*51(*5*D&S*)%"(*D&4%"$19#D#&*&*/$#>1(*D
?L%9(%'"*D#&*&L#&51&(1%'4%$#(&L%0?D1(#"&)1/#&*/D1>?&9%'#('0*V&(#'1J#&*&0%.%(*5#&?
8*V%)%5&%0%.*(*&*&L#J1&'&51L(1&'"$#(1&')1&L%&3$*D%$5#X&#&'&L$?C1&L?9%0%&?&4#(%('0?&L%.*(?
\#&*/)1'(?&)$'"?&9.#C%'"#8#&4%51L*(*V&.*<#&%)%C&L%9#&')1L%P1&*&(#.#'<*&*/&%0%.*(1&H1+8#
B%L&'#D%C&H1+8#&51&(#>1(&?&51L(%D&C$%9?&51L#(&9$%(/#(*&9%L1S&*&01."&'#&9%C#"*D
%$(#D1("*D#&*&(10*&L$?C*&4$1LD1"*&%"D1(*51&*/$#L1&O%+&.14+*&4$*D1$X&?4$#)%
51L*('")1(&4$*D1$&%)#01&)$'"1&?&')%5&f)$%4*X&51'"1&51L#(&9$%(/#(*&D#P&'#&0%$*<#D#X&0%51&'?
?0$#+1(1&)$.%&4#SJ*)%D&%$(#D1("*0%DX&%0*Q1(1&9$%(/#(*D&$1'#D#X&#&P*5*&51&L$S#0&L1.%
$1>1&*&)#($1L(%&?0?'(1&?D1"(%'"*&T#>1(&51&?&K1.*0%D&=%+?8?&?&'$1/?&"$#)(*P0%D&[/&"#5
D#P&*&0%$*<1&*+#%&51&*&+"*"X&D#81&.14%&%$(#D1("*'#(X&9$%(/#(1&(#$?0)*<1&*&N*9?.#&"*4#
31+*51$1X&*&(10%&'*"(*51&0%D#>1X&0%51&51&9*.%&(#&%L1.?&*.*&'.?S*.%&/#&(#0*"&?/&(101&(1'"#.1
L1.%)1&%L%$1 &[&9.*/*(*&H1+8#&(#>1(1&'?&(1L#)(%&*&51L(1&9$%(/#(1&4#N"1X&FL%'#L#&?&(#'
51L*(*&4$*D51$#0&"1&)$'"1F
&\#&D51L1(%&L%9#&*&81C%)?&0?."?$?&0#$#0"1$*'"*P(*&'?&%)*
'"*V%)*&:1/*%L%)*&?&81C%)*D&>
%#%&E'"*V&27&2G
Š&™š&&›œŽž&”&ŠžŸ›žX&›œŽž• &™‘&Šž&•• X


 

 
›Ž&™š&ž ¡¢œ’•Š•&£‘Ž’&™š&•&¤¥¦ž&¦§™¡•’
T#&8*V&'1&P%)10&*&(1V%"*<1&'1Q#&4$*.*0%D&%)*V&*&%)#0)*V&(#.#/#0#
H?/.#('0#&L%.*(#X&)1%D#&)#S(#&/9%C&')%5*V&'.#(*V&(#'.#C#X&9*.#&51&(#'1J1(#&*&?&(1%.*"'0%
L%9#X&*#0%X&0%.*0%&'1&L%'#L#&/(#X&(1&D(%C%&*("1(/*)(%&*&(1&%(%.*0%&0%.*0%&9*&'1&%P10*)#.%
4%&/(#P#5?&'%.*&?&(#$%L(%5&4$1V$#(*&*&4$*)$1L*&[&'#D%5&H?/.*&*&81(%5&(14%'$1L(%5
%0%.*<*X&CL1&'1&)$+*.%&"%.*0%&0%4#8#&/#&$#/(1&/C$#L1X&(#+.*&'?&'1&L%&L#(#'&'#D%&%)*
4$1LD1"*&"$*&.14%&4%.*$#(#&4$%9?+1(#&P10*Q#&%L&L*#9#/#&*&$%S8#0#&E  GX&0#0#)&'1
(#.#/*&?&=#51)*<*&*&(#&5?S(%D&%9$%(0?&"/)&K1.*01&]*)1X&CL1&P*(*&V%L(*01X&%L(%'(%&(#
`/$1(?X&?&%0%.*(*&=#C.#5#&*&5?S(%&%L&M$#P#(*<1i&51L(#&(%S*<#&4%'?L1X&P*51&#(#.%C*51
4%'"%51&?&')1&"$*&(#+1&)1Q1&(1%.*"'01&(#'1%9*(1X&*&(#5/#L&51L(%&"?<#.%&/#&S*"%&U/
9$%(/#(%C&L%9#&(#+.%&'1&(1+"%&D#8*V&4%'?L*<#&FO1L(#&%L&"*V&4%'?L#&%'%9*"%&51&/#(*DJ*)#
'&"%C#X&+"%&'1&(#&81(%D&L(?&(#+#%&D*(1$#.(*&4$%L?0"X&L%9*)1(&"*D1X&L#&'1&4%0?+#.%
$#'"%4*"*&0%D#L&%.%)(%C&'5#5(*0#F &H%&51&/#(*DJ*)%&?&"%.*0%&)*+1X&+"%&H?/.#&'#D#&(1D#
"#0)1&$?L1&*&+"%&'?&(#59.*S#&81/*(#&(#.#/*+"#&?&!$19$1(*<*&*&`.%)?&T*51&.*&"%&"$#C
$#/D1(1&'%.*&/#&$?L1&L$?C1&)$'"1X&0%5?&'?&)$+*.*&'"#(%)(*<*&%(*V&%9.#'"*“&H%&9*&9*%&.14
L%0#/&?/#5#D(%C&4$%D1"#X&0%5*&51&(1&'#D%&D%C?QX&(1C%X&'?L1Q*&4%&%L(%+#5*D#&*&)1/#D#&*&'#
D(%C%&L#J*D&'"$#(#D#X&P#0&*&)$.%&)1$%)#"#(
;$%(/#(#&0?."?$#&;%'(1X&*#0%&91/&*'0J?P*)%&"*4'0*V&')%5*V&(#'1J#X&*4#0&51X&0#0%&)*L*D%X
L%'"#&9%C#"#&*&)#S(# &U/&"%C&)$1D1(#&*D#&*/)1'(*V&4$1LD1"#X&0%5*&%P1)*L(%&4%0#/?5?X&L#
'?&?&/1DJ?&?(1'1(*&*/&0$#51)#X&CL1&51&"1V(*0#&"%C#&4%'.#&L%'"*C.#&*/)1'(?&'#)$+1(%'"X&*
?")$>?5?&"#0%&5%+&)*+1&$#(*51&(#C%)1+"1(1&)1/1&(#+*V&/1D#J#&'#&0?."?$%D&!$1L%/1D(%C
;#/1(#&R.*&51&*'"%&"#0%&)#S(%X&L#&'1&.*)181&9$%(/1&$#/)*.%&*&0%L&(#'X&*&"%&?&L%'"#&)1.*0%5
D1$*&[&'"#$%C$P0%D&4%5#D&0%)#8#X&›ŽžŸ¨&?&)1/*&51&'#&D51L*X&›œŽ•’&=51L&51&0%L&8*V
?%4+"1&'*(%(*D&")$L%Q1&T#+%5&N$#/*&%&F'$<?&%L&0#D1(#F&%LC%)#$#X&0%L&8*VX&4%&:1/*%L?X
F'$<1&%L&D51L*F&EC
 .&'"&6, 2G&U&0%L&(#'&51&D1"#.(#&*(L?'"$*5#&4%P1.#X&?&C.#)(%DX&'
9$%(/%D&[&-%9%5?&'1&(#+#%&51L#(&0#.?4&/#&.*)181&01."%)#&F4%&?/%$?&?C#$'0*VFi&(#&-191.%D
;$L?&*&!%9?(#$?&F(#>1(%&51&)*+1&4?"#&'"#J1(*V&C$?L#F&*&9$%(/#(1&"$%'01i&?&M$#L*(*X&(#
)$1.?&Y#D1X&?&-%.*(*&*&?&Y*4P?&91+1&'1&'")%$*.#&P*"#)#&D1"#.?$C*5#&[&51L(%D&'0?4(%D
(#.#/?&9$%(/#(%C&L%9#&0%L&3%L/)*/L#&E'$1/&d#/*(G&?/&A&0%D#L#&$#/(*V&4$1LD1"#&91+1&*&2
C$?D1(%)#&*'"#J1(%C&9#0$#&H#0#)&'1&0%D#L&(#+#%&*&D1>?&(10*D&9$%(/#(*D&N*9?.#D#&0%L
B$101&!*$%)*(1&/#&4%'#%&?(%+1(1&'?X&L1.%DX&*/&'?'1L'")#X&#&L1.%D&'?&D%SL#&L%9*5#(1&*/
L%D#Q*V&(#.#/*+"#&E9%'#('0*&'*81)#<&*D#X&(#&4$*D1$X&A@ g&9#0$#G&T#$%P*"%&51L#(&(#.#/
*/&M%$81&-%.*(1&E'$1/&;%'&M$#L*+0#G&*/C.1L#&L#&4%")$>?51&%)?&4$1"4%'"#)0?&H?&51X&(#&*D1X
(#>1(&%L.%D#0&51L(1&4.%P1X&0%5*&51&.#0%&$#'")%$*)#&'D1'#&'&(1+"%&9#0$#X&#("*D%(#X&D#.%
0%'*"$#X&'&(1+"%&<*(0#X&#$'1(#&*&'$19$#X&*&.#0%&D%S1&4$1"'"#)J#"*&4%0?+#5X&L#&'1&(#4$#)*
9$%(/#&*/&9#0$#&L%9*51(%C&*/&9%'#('0%C&'*81)<#X&?&0%D1&*D#&*&#("*D%(# 
T#5.14+1&%$?S51&V%D1$%)'0*V&5?(#0#&(#4$#)J1(%&51&%L&D51L*&!#D&9%C&$#"#&51&?&=#
›œŽž•’&š©¡’&`'"#<*&"%C&9$%(/#(%C&%$?S5#&*&S1.1/(%CX&$#>1(%C&4%&81C%)?&"*4?X&?
4$*.*P(%D&9$%5?&*&?&)$.%&"*4*P(*D&4$*D1$<*D#X&%P?)#(*&'?&?&')1"'0*&P?)1(%5&9%'#('0%5
(10$%4%.*&(#&M.#'*(<? &T#&4%L(%S5?&Y%D#(*51X&(#&51L(%5&+*$%0%5&)*'%$#)(*X&9%C#"%5
+?D%D&*&')1S*(%DX&L*S1&'1&%9*J1&'"#$*('0*V&C$#L*(#&*&"?D?.#X&0#0)%X&?&"%.*0%D&9$%5?X
(*51&5%+&(#>1(%&(*&?&51L(%D&0$#5?&;#.0#('0%C&3%.?%'"$)#&`(*&'1&4$%'"*$?&?&+*$%0%D&0$?C?
')1&L%&-$*(1&*&K*'%0%CX&'#&4$*D1"(*D&%4#L#81D&0#L&*L?&L#J1&%L&'$1L*+"#X&*&9$%51&(#&2777
C%D*.# &B#L&51&$#/$?+*%&0*.*P0?&H19?&*&'D#0#%&81(%C&C%'4%L#$#&f1"*5%(#&RV*.15&(*51
%4.#0#%&4%C*(?.%CX&(1C%&C#&F'4#.*&'#&L*)(*D&%$?S51D&*&(#'?&D?&V?D0?F&3%'.1&9%$91&51L#(
5?(#0&?&=#&4$1L.#S1X&L#&)#J#&4%0?4*"*&')1&D$")#<1&*&'4#.*"*&*VX&F#&%0%&.%D#P1
(#'?Q1D%&51L(?&/#51L(*P0?&V?D0?F &\#&9#.0#('01&H$#P#(1&(#)1%&51&)1Q&:1$%L%"X&L#&D$")#<#
*.*&'4#J?5?&*.*&'#V$#8?5?X&#&4$*&"%D&D?&(#'4?&C%D*.?&M.#'*(#<&51&0.#'*P#(&L%0?D1(#"&"1
0?."?$1&[&"?D?.*D#X&%L&0%5*V&(10*&*D#5?&4$1P(*0&4%&27&D1"#$#X&(#.#/1&'1&*&4%51L*(#P(*
*&'0?4(*&C$%9%)*i&#&*D#&*&%9*P(%&'#V$#81(*V&*&'4#J1(*V&'01.1"#&B#$#0"1$*'"*P(%&51X


 

 A
D1>?"*DX&L#&'?&4#J1(*&'01.1"*&D(%C%&9%C#"*5*&*&L#&'1&?/&8*V&%9*P(%&(#.#/*&*&%$?S51X&L%0&51
"%&?&L$?C*D#&$1>*&'.?P#5&`L&%$?S5#&(#&M.#'*(<?&51&(#5P1+Q1&0%4J1X&*.*$'0#& D&D(%C%
'?&$1>*&D#P1)*&*&(%S1)*X&#&*D#&(1+"%&*&'10*$#X&%L&0%5*V&)*+1&4$*D1$#0#&'#&L)1&%+"$*<1
M.#'*(#P0*&(#.#/*&*L?&L1.*D*P(%&?&0$#5&9$%(/#(1&*&?&4$)?&S1.1/(?&41$*%L?&V#.+"#"'0%C
"*4#X&#.*&*&?&"%5&*D#5?&D(%C%&9$%(/#(%C&(#'.1>#X&*'"*(#&P1'"%&)*+1&?&"*4?&*&%9$#'<?&*/$#L1X
(1C%&?&'#D%D&D#"1$*#.?&T#$%P*"&/(#P#5&*D#5?&C.#'*(#P0*&(#V%>#5*&$#L*&')%C&%4+"1C
0#$#0"1$#&%(*&'?&)1%D#&/#(*DJ*)#&)$'"#&(#C.%C&4$1.#/#&9$%(/#(1&?&C)%S>#(?&41$*%L?X&0%5#
51&%)L1X&*/C.1L#X&(#'"#.#&$#(*51&(1C%&?&'#D%D&:#.+"#"?&-$?C*&/(#P#5&51&?&"%DX&F+"%&)1.*0#
)1Q*(#&9$%(/#(#&(#0*"#&4$1L'"#)J#&(*/&%9.*0#X&'0$%/&.%0#.(%CX&#?"%V"%(%C&0#$#0"1$#X&0%5*
'?&L%'1.1&(#>1(*&'#D%&?&%)*D&C$%D*.#D#&*&L%0#/?5?X&L#&'?&"%&4$%*/)%L*&51L(1&L%D#Q1X
'#D%(*0.1X&"1V(*P0*&*&?D51"(*P0*&(#4$1L(1&0?."?$1F
M.#'*(#P0#&(10$%4%.#X&*#0%&*D#&*&*/)1'(*V&D#8*V&(#.#/#0#&*/&$*D'0%C&L%9#X&?&<1.*(*&')%5%5
%C$#(*P1(#&51&(#&L%'"#&?'0%&)$1D1&K#S(%&51&*&)$.%&/#(*DJ*)%X&L#&81(1&C%D*.1&'#L$S1&)$.%
D#.*&9$%5&%9.*0#&*/&.#"1('01&41$*%L1&*&L#&(#'1J1X&"#0%&9%C#"%&*&D(%C%9$%5(%&L%&"%C
)$1D1(#X&4%'.1&"%C#&(1D#&(*0#0)#&)1Q1C&/(#P#5#X&(*"*&/(#0#&(10%C&*("1(/*)(*51C&S*)%"#
e#$1(C$#L'0%&(#'1J1&?&!$1D?X&(#&4$*D1$X&0%51&0#%&*&C.#'*(#P0%X&4$*4#L#&V#.+"#"'0%5
41$*%L*&%L$S#.%&'1&*&L%<(*51&*&?&81D?&'1&4%$1L&'"#$*5*V&(#.#/#&(#V%L1&*&D.#>*&.#"1('0*
4$1LD1"* &`95#+8181&/#&"?&4%5#)?&D*'.*&'1&L#&51&?&"%DX&+"%&'1&/#&4$1"'"#)(*01
V#.+"#"'01&41$*%L1&0%L&(#'&'D#"$#5?&U.*$*X&#&/#&(%'*%<1&.#"1('01&%4Q1(*"%&B1."*&\(#P*.%
9*X&4$1D#&"%DX&L#&'?&B1."*&4%"4?(%&4%"*'.*&U.*$1&*/&8*V%)*V&C.#)(*V&'1L*+"#X&0%5#&'?&*/#
"%C&4$%4#.#&*.*&"#)%$*.#&'#&)$.%&%'0?L(*D&9$%51D&4$1%'"#"#0# &\#&U.*$1&'1&?/*D#&L#&'?
L%+.*&?&(#+1&0$#51)1&'#&'1)1$#X&(1CL1&?&:&)10?&4$1&:$X &L%0&'1&B1."*&5#)J#5?&?&Ia&)10?
M.#'*(#P0#&0?."?$#&%9?V)#"#.#&9*X&4$1D#&"%D1X&)$1D1&%L&:III&)10#
\#&)$1D1&C.#'*(#P01&0?."?$1&)1/1&;%'(1&'#&%'"#.*D&')1"%D&?")$>1(1&'?&?&5%+&)1Q%5&D1$*X&(1C%
/#&(#'1J#&?&Y*4P?&*&-%.*(*&3%$1L&5#("#$#X&'"#0.#&*&1D#J#X&%)L1&51&(#>1(%&)*+1&N*9?.#
"*4%)#&"#.*5#('01&4$%)1(*1(<*51X&0%51&'?&L%.#/*.1&?&'$1L*+8?&;%'(?&*.*&0%4(%D&%L&U'"$1X
4$10%&O#4%L#&E4%'$1L(#&'"#(*<#&?&-%.*Q*&*D#&*'"1&"*4%)1G*.*&4$10%&D%$'0*V&)1/#&=
:1$(1'&51&?4%/%$*%&(#&/#(*DJ*)1&4$1LD1"1&0%.#&'&"*<#D#X&0%5#&'?&9*.#&L%"#L&(#$%P*"#
0#$#0"1$*'"*0#&"#.*5#('0*V&(#.#/*+"#
&`L&C$P0*V&'")#$*&?4#L#5?&?&%P*&0#<*C1&'#')*D
8*V%)#&"*4#&E0%$*("'0%CG&*&)$.%&)1$%)#"(%&8*V%)1&4$%*/)%L81i&4%'?L1&?&%9.*0?&'0*N%'#i
9$%(/#(1&L%0%.1(*<1&E"%/.?<*GX&4%/(#"1&C$P01&0(1D*L1&E‘˜ª” ™ž’&©›§• Gi&9$%(/#(1
C%L$%(*$#(1&/L1.1X&%L&0%5*V&'?&%P?)#(#&L)#&%L.*P(#&4$*D1$0#&[&\#C$#>?&51&(#>1(&51L#(&.14
'$19$(*&$1J1N&')*81X&0%5*&51&F$*51L#0&L%0?D1(#"&#$V#*P01&C$P01&4.#'"*01F &=&K#'*Q&51
4%0?+#%&L%0#/#"*X&L#&51&*&"*4&"#0%/)#(*V&(#%P#$'0*V&N*9?.#X&%L(%'(%&(#0*"&'#0$#.(%C
/(#P18#X&0%5*&51&$#(*51&'D#"$#(&0#%&*.*$'0*X&4$%*/)%L&4%$10.%D&'#&C$P0%C&4%L$?P5#X
?0#/?5?Q*&(#&*/)1'(1&"*4%)1&*/&fN1'#

R.*&4%'"%51&*&L$?C#&"?D#P18#&U/)1'(1&?"*<#51&1C15'01&D#"1$*#.(1&0?."?$1&?&!$1L8%5
f)$%4*X&4#&'&"*D&?&)1/*&*&?&;%'(*X&M&B%'*(#X&4%/(#"*&(1D#P0*&#$V1%.%C&'&D(%C%&N#("#/*51X
"?D#P*&0#%&%L510&*.*$'01&(#51/L1&?&M$P0?&?&(#5$#(*51&9$%(/#(%&L%9#X
&#.*&51&"%&D*+J181
)$.%&"1+0%&4$*51DJ*)%
`L&9$%(/#(%S1.1/(*V&(#.#/*+"#&V#.+"#"'01&41$*%L1&D#81C#&/(#P#5#&/#(*DJ*)&51&!$1"1+
'#&')%5*D&$#)(*D&C$%9%)*D#X&0#%&*&W#"*Q*X
&(1L#.10%&%L&81C#X&0%5*&'?&'#')*D&?&)1/*&'#
C.#'*(#P0%D&0?."?$%D&H%&9*&9*.#X&%L&4$*.*01X&*&81(#&/#4#L(#&C$#(*<#&L%&$101&;%'(1&T#
*'"%0?X&C.#'*(#P0*&"*4%)*&L%4*$?X&4$10%&b*D#X&L%&3.1)#J#X&51$&'?&?")$>1(*&?&(10$%4%.*&?
e"$4<*D#&*&?&3.1)J*D#
&3$1LD1"#&C.#'*(#P0%C&"*4#&(#+.%&'1&*&?&*/)1'(*D
(#.#/*+"*D#&5?C%*'"%P(1&:1$<1C%)*(1&')1&L%&3.#(1
-$?C#&)1.*0#&9%'#('0#&(10$%4%.#X&#.*&D#8#&%L&C.#'*(#P01X&"%&51&%(#&$#)(*V&C$%9%)#&?
!#('0%D&=%'"?
&K1Q&51&4$*D1Q1(%X&L#&*/D1>?&%)1&*&C.#'*(#P01&(10$%4%.1&(1D#&C%"%)%
(*0#0)1&"*4'01&/#51L(*<1&(*&?&(#.#/*D#X&0#%&+"%&51&(1D#&(*&?&'4%J#+81D&%9.*0?&O1L*(%
+"%&9*&*D&9*.#&%4+"#&/#51L(*P0#&<$"#&"%&51&4%5#)#X&L#&*&51L(#&*&L$?C#&*D#5?&4%$1L&'01.1"(*V


 

 
C$%9%)#&*&"$#C%)#&4#J1)*(1X&*&"%X&%L&4$*.*01X&?&4%L51L(#0%D&$#/D1$?&!#D%X&'?L1Q*&4%
(#.#'<*D#X&C$%9%)*&'&4#J1)*(%D&4$*4#L#5?&D.#>1D&L%9?&[&(10$%4%.*&!#('0%C&=%'"#
(#5)1Q*&9$%5&N*9?.#&4$*4#L#&P1$"%+0%D&"*4?&E%9*P(*&*&"#0%/)#(*&m  
† 
GX&2&%L
 &0%D#L#&3%&8*D#&*&4%&'$%L(%'"*&01$#D*01&%)#&(10$%4%.#&*D#&)1/#&'#&L%8%L%.*('0*D
(#'1J1D&*&'#&0$#5*('0%.*P0*D&(#'1J*D#&%)1&41$*%L1&B#%&+"%&'?&'1&(10#L&'%51(*P#$*&?
-%.*(*&*&Y*4P?&9#)*.*&"#J181D&9$%(/1X&"#0%&'?&'1&'"#(%)(*<*&%0%&!#('0%C&=%'"#&9#)*.*
0%)#81D&S1.1/#X&*'0%$*+Q#)#5?Q*&9%C#"1&D#5L#(1&')%51&%0%.*(1&[&"%D&/#(*D#8?
'"#(%)(*+")#&51'"1&*&9*"(#&$#/.*0#&%'(%)(1&0?."?$1&8*V%)1i&4$)*&'?&)*+1&9$%(/#(1X&L%0&51
%)%&4$1"1S(%&S1.1/(1&41$*%L1&[&%)%5&(10$%4%.*&?4#L#&*(#P1&?&%P*&$1.#"*)(%&)$.%&9%C#"
(#.#/&%$?S5#X&4%'19(%&0%4#J#&*&'?.*<#&*&0$#"0*VX&(#&'$1L*(*&4$%+*$1(*VX&D#P1)#&_*"#)%
(#'1J1X&0%51&L#"*$#X&%L&4$*.*01X&%L&aI&)10#&4$1&:$*'"#X&*D#&')1C#&"$*&N*9?.1
'$1L8%.#"1('0%C&"*4#&*&%9*J1&P1$"%+0*Vi&*L1X&4$1D#&"%Di&L%&III&)10#&4$1&:$*'"#&T%)*5*DX
#.*&(1&'*'"1D#"'0*DX&*'0%4#)#8*D#&?")$>1(%&51X&L#&51&(#&!#5D*+"?&?&!#('0%D&=%'"?&9*.%
4$#)%&(#'1J1&'#&%C8*+"*D#&*&D(%C%&01$#D*01X&*&L#&C.*(1(*&4$1LD1"*&81C%)*&4%&%9.*0?&*
%$(#D1("?&%LC%)#$#5?&V#.+"#"'0*DX&0#%&*&S1.1/(%&%$?>1&*&9$%(/#(*&(#0*"

!1)1$%/#4#L(*51&%L&!#('0%C&=%'"#&(#>1(#&51&5%+&51L(#&)1.*0#&(10$%4%.#&?&O1/1$*(#D#&0%L
;*V#Q#
&\#V)#J?5?Q*&)$.%&'#)1'(%D&$#L?&K&Y#L*D'0%C&"?&51&?'41.%X&(#&%'(%)?&C$%9(*V
(#.#/#X&"#P(%&?")$L*"*&$#/D1$&*/D1>?&'01.1"(*V&*&4#J1)(*V&C$%9%)#&3$*&"%D&'1&L%+.%&L%
%)*V&4%?P(*V&$1/?."#"#&?&(#5'"#$*5*D&41$*%L*D#&%)1&*(#P1&$1.#"*)(%&D.#L1&(10$%4%.1X&?
L%<(*51&V#.+"#"'0%&*&$#(%&.#"1('0%&L%9#X&4$1).#>?5?&'01.1"(*&C$%9%)*&*&"%&/#&V#.+"#"'0%
L%9#&'#&@2g&#&?&.#"1('0%&'#&,,g&`L&"%C&)$1D1(#X&%L&'$1L81.#"1('0%C&4$1).#>?51&'4#J*)#81
D$")#<#X&*&"%&?&$#/D1$?X&0%5*&'1&?&$*D'0%&L%9#&4181&L%&%0%&7g&O1L(#&)$.%&)#S(#&*
/#(*DJ*)#&4%5#)#&%)1&(10$%4%.1&51'"1&%9*J1&5#("#$#&?&8%5&]1C#&51&9*.%&?&&C$%9%)#X&#
(#>1(%&C#&51&@&0%D#L&U(#P1X&%)#&(10$%4%.#&O#4%L#X&0%5#&51&4%'"%5#.#&*&?&$*D'0%&L%9#X&*D#
')%5?&4?(?&#(#.%C*5?&?&3$%/%$?&0%L&`"%P<#X&?&b*<*X&*&?&M$%9(*0?&0%L&Y*5101&`(#&51&51L(#&%L
(#5D.#>*V&?&;%'(*&*&4$*4#L#&)$1D1(?&%L&Ia&)10#&4$1&L%&II&)10#&4%'.1&:$*'"#
K$.%&/#(*DJ*)&51&51L#(&4$#)*&0$1D#"%$*5&?&J?9?+0%5&M%$*<*
&[&51L(%5X&L%&(#+*V&L#(#
%P?)#(%5X&/C$#L*&(#>1(1&'?&J?L'01&0%'"*X&?CJ1(X&4141%&*&%L&)#"$1&?0.#P1(*&0#D1(X&P1'"%
4%"4?(%&?0#.?4J1(*&?&51L(?&C%D*.?X&*/D1+#(?&'#&%'"#<*D#&%0'*L*$#(%C&D1"#.(%C&(#0*"#&*
4$1LD1"#&-$?C*&L1%&0?Q1&'.?S*%&51&/#&'#V$#8*)#81&(1'4#J1(*V&.1+*(#&`)#0#)&4$*D1$
(#$%P*"%&51&0#$#0"1$*'"*P#(&/#&%L$S#)#81&"%C&4#$#.1.*/D#&?&4%'"?40?&'&D$")#<*D#&B#%&?
!#('0%D&=%'"?&*&%)L1&51&(#>1(&$1.#"*)(%&)1.*0&9$%5&0%4#J#X&"%C&0#$#0"1$*'"*P(%C&*.*$'0%C
%$?S5#&B#0%&'1&(#.#/*.%&?&9.*/*(*&D%$#X&%)%&(#'1J1&51&4?(%&*"#.'0*V&4$1LD1"#i&"#0%X&(#
4$X&N*9?.#&F&  FX&4#&N*9?.#X&F+"%&(#D&'&51L(?&'"$#(?&$14$1/1("*$#5?&4$1.#/(1&%9.*01
%L&4%.?0$?S(1&N*9?.1&%9.*0?&P1$"%+0%DX&0%5*&4$1).#L#&?&L%9#&1"$?+Q#('0%&%0%&;%.%81X&#
'&L$?C?&'1&)1Q&4$*D*P?&%(*D&"*4%)*D#X&0%5*&/#$1L#+1&?&4$)%&L%9#&.#"1('01&0?."?$1&%'%9*"%
(#&5?C?&R.4#F&=*D%&"%X&%)%&D1'"%&51&)#S(%&*&4%&"%DX&+"%&51&(1L#.10%&%L&0$1D#"%$*5#&(#>1(
51L#(&$1"0%&9%C#"&'$19$(*&(#0*"X&P*5*&$#L&'#&N*.*C$#(%D&4$1"'"#)J#&)$.%&%"D1(&?0?'&*
4$%*/)%>#P#&*&).#'(*0#&R.*&51&*/)1'(%X&L#&81C%)%&4%$10.%&(*51&L%D#Q1&*&L#&51&(#0*"&?
/1DJ?&?(1'1(&*/&51L(1&?D1"(*P0*&D(%C%&$#/)*51(*51&'$1L*(1&FT#59.*S1&#(#.%C*51&(#>1(1&'?
(#&%9#.#D#&4%("*5'0*DX&%'%9*"%&?&C.#'%)*"%5&0%.%(*5*&`.9*5*&*&?&R(#4*&?&B$*D?X&"1&?
L$?C*D&C$P0*D&0%.%(*5#D#X&4#&*&?&'#D%5&M$P0%5F
T#5D.#>#&(10$%4%.#&9%'#('0#&"*V&)$1D1(#X&%"0$*)1(#&?&4$1V*'"%$*'0*&"%.*0%&%9*.#"%D
9*V#Q0%D&0$#5?X&?&4%L$?P5?&O#4%L#X&"%&51&(10$%4%.#&?&Y*9*Q*D#

&`L&A,&(#>1(*V&$#)(*V
C$%9%)#&"?&51&9*.%&'#D%&+1'"&'01.1"(*Vi&')*&%'"#.*&4%"*P?&%L&'4#J*)#8#&3%&(#>1(*D
N*9?.#D#X&%L&0%5*V&,&4$*4#L#&'$1L81.#"1('0%DX&A&0#'(%.#"1('0%DX&#&,&$*D'0%D
)$1D1(?&E%L&')1C#&&0%D#L#GX&(1'?D8*)%&51&?")$>1(%&0#'(%&4%$10.%&%)1&0%.%(*51X&#&'&"*D&?
)1/*&*&$#(*51&4$*D1Q1(#&P*81(*<#X&L#&?&D.#>*D&(10$%4%.#D#&)*L(%&4$1).#>?51&'4#J*)#81
D1'"%&'#V$#8*)#8#&D$")#<#&Y*D'0*&(%)<*&(#>1(*&?&%)*D&C$%9%)*D#&L%4*$?&L1.*D*P(%&L%
II&)10#&4%&:$*'"?&EL%&<#$#&R("%(*(#&3*5#G&T#P*(&'#V$#8*)#8#&9*%&51&'.*P#(&51/1$*('0%D
!4#J1(1&0%'"*X&'&(1+"%&(#0*"#&*&'#0$#.(*V&4%'?L#&4%0?4J1(1&?&51L(?&S#$?X&'"#)*.1&9*&'1&?


 

 2
/1DJ?X&4#&9*&'1&4%0$*.1&%9*P(%&51L(%D&/L1.%D&*.*&0#D1(%D&4.%P%D&*&%(L#&/#'?.1&/1DJ%D&[
%)%D&C$%9J*+"?&?$(1&'?&9*.1&)$.%&C?'"%&4%$1>#(1X&FP1'"%&4?"#&8*V&4%&(10%.*0%&51L(#&4%)$V
L$?C1X&"#0%&L#&51&P*"#)&4%.%S#5&"*V&?$(#&L%(10.1&#DN*"1#"$#.#(F&\#(*DJ*)%&51X&L#&51
%$?S51X&%'%9*"%&L?C*&(%S1)*X&9*.%&'"#)J#(%&'&4%J#X&(1CL1&4$10%&V?D01X&#&(1CL1&'?&F0$#5
S#$1&%0%D*"%&?'#>1(*&?&/1DJ?F
T1+"%&%L&"*V&'"#$*V&%9*P#5#&'#V$#8*)#8#X&0#0)1&(#.#/*D%&?&4$1V*'"%$*'0%5&;%'(*&*&(#
L$?C*D&'"$#(#D#X&*D#&*&?&*/)1'(*D&"$#C%)*D#&(#+1C&(#$%L#&[&(#$%L(%5&41'D*&%&'D$"*
)%5)%L1&B#5*<1&0#/?51&'1X&0#0%&!$9*X&4%'.1&)%5)%L*(1&4%C*9*51X&0#L&C#&'#V$#(*+1&FP1.%&C.#)1
0%4J1&?L#$*+1FX&F4%&C$%9?&D?&%$?S51&4$%'"$1+1FX&F%L&=#Z#$#&?D0?&(#P*(*+1F&-#&'1
4%C$19(#&"$#L*<*5#&4$*D*"*)(*V&(#$%L#&?4%$(%&%L$S#)#&'")#$&51&)$.%&L%9$%&4%/(#"#&T1
?.#/1Q*&9.*S1&?&"%&4*"#81&(#&%)%D&D1'"?&D*&Q1D%&'#D%&?4%/%$*"*&(#&5%+&51L(?L)1
/#(*DJ*)1&"$#L*<*51X&0%51&'1&4$%).#P1&(#&(#+1D&4%L$?P5?&%L&(#5'"#$*5*V&)$1D1(#&L%&L#(#'
T1'?D8*)&51&%'"#"#0&0?."?$1&0#D1(%C&L%9#&0%L&(#'X&L#&'1&D$")#P0*&4%0$%)&$1S1&(1&(%S1D
(1C%&%+"$*D&0#D1(%D
&3$%?P#)#5?Q*&51L(?&.#"1('0?&C%D*.?&?&=#V$1)*Q*D#&EP#5(*P0*
'$1/G&W&H$?V1.0#&51&?&C%D*.*X&CL1&'?&(#>1(1&'4#J1(1&0%'"*&D$")#<#&*&?/#&8*V&?'.1L&)#"$1
/(#"(%&%+"1Q1(1&')1&4$1LD1"1&0%5*&'?&9*.*&(#&.1+*(#D#X&%"0$*%&)1.*0&9$%5&'"#0.1(*VX&P1'"%
)$.%&.14%&%$(#D1("*'#(*VX&/$(#&%L&>1$L#(#X&%L&0%5*V&L%9#$&L1%&(*51&9*%&?&)#"$*X&(1C%&51
(#0(#L(%&9#P1(&?&C%D*.?&0#%&L#$&*.*&D*.%'"&(1'"#.%D&F!.*P(1&L%(#<*51&(#&C$%9?&4%0%5(*0#
5%+&'?&*&L#(#'&%9*P#5(1&?&(#+1C&'1%'0%C&(#$%L#X&"1&Q1&%'%9*"%&S1('01&%'*D&5#9?0#D#X
.*D?(%)*D#X&5#C.?<*D#X&L#$*)#"*&4%0%5(*P0*&C$%9&(#0*"%D&&>1$L#(%DX&4$'"181D&*&L$F 
U(#P1X&C%D*.#&?&=#V$1)*Q*D#&)#S(#&51&(#$%P*"%&4%&"%DX&+"%&4$1"'"#)J#&F(#5*'"%P(*5?
L%'1.1&4%/(#"?&"%P0?X&L%&0%51&51&L%4$.#&0?."?$#&.#"1('01&L%9*&?&;%'(*&/#&)$*51D1&'$1L8%&*
0#'(%.#"1('0*V&41$*%L#F&T#&5?C?X&'$1L8%.#"1('0#&0?."?$#&L%4*$1&L%&:1$<1C%)*(1X&#.*&51
)$.%&0#$#0"1$*'"*P(%X&L#&'1&4%L$?P51&0#'(%.#"1('01&0?."?$1&'?S?51&4%'.1&0%L&(#'&(#
/#4#L(?&*&(#$%P*"%&(#&'1)1$%/#4#L(?&;%'(?&\#4#L(%&%L&B$#5*(1X&?&b*<*X&"#&0?."?$#&51
4%"4?(%&*'"%)1"(#&'#&%)%D&?&;%'(*X&#.*X&(#&S#.%'"X&(*51&5%+&L%)%J(%&*&'*'"1D#"'0*
4$%?P1(# &[&'$9*5#('0*D&(#.#/*+"*D#X&P*5*&51&"*4'0*&4$1"'"#)(*0&j?"%&;$L%X&0?."?$#
S1.1/(%C&L%9#&*D#&%'(%)(*&"*4&L$?0P*5*&%L&9%'#('0%C&*&?&)1/*&51&'#&*'"%L%9(%D&L?(#)'0%D
0?."?$%D&<$(%D%$'0*V&C$P0*V&0%.%(*5# 
B#%&$1>?&4%5#)?&?&4$1V*'"%$*'0*D&(#'1J*D#&)#J#&'4%D1(?"*&L)#&)$.%&0#$#0"1$*'"*P(#
4%)1Q#&(#.#/#&'$19$(*V&'")#$*X&?&C.#)(%D&N*9?.#&!$19$%&(*51&9*.%&(*&D(%C%&4%/(#"%&(*
D(%C%&?4%"$19J#)#(%&?&4$1V*'"%$*'0#&)$1D1(#&*&81C%)*&(#.#/*&D(%C%&'?&$1>*&%L&/.#"(*V&[
(#'&'1&(#*+.%&(#&8*V&?&e"$4<*D#X&?&*'"%P(%5&;%'(*X&*&?&M$#<?&?&'"%.#P0%D&V1$<1C%)#P0%D
'$1/?&3$*D1$*&N*9?.#&'?&)#$)#$*/*$#(*&/#4#L(%C$P0*&?/%$<*&H%&*&9%C#"*5#&?4%"$19#
'$19$#&*&L#.*&'?&4%)%L#&D*+J18?X&L#&51&4$%*/)%L8#&"*V&N*9?.#&)$+1(#&D%SL#&9#+&?&;%'(*X
CL1&51&"1&$?L1&9*.%&?&)1.*0%5&0%.*P*(* 
\#&.#"1('01&41$*%L1X&(#&%'(%)?&*/)1'(*V&"*4%)#&N*9?.#X&L%+.%&'1&L%&?)1$18#X&L#&51&?&;%'(*
(#'"#.#&9*N?$0#<*5#&'$1L8%.#"1('01&N*9?.1&O1L(#&C$#(#&L%)1.#&51&(#&5?C?X&4%C.#)*"%&?
:1$<1C%)*(*&E'&(#.#/*+"*D#&%L&4$*D%$'0%C&T%$*(#&L%&3%'?+5#&(#&/#4#L?&*&;*.1Q1&(#
*'"%0?G&L%&N*9?.1&0%4J#'"%C&%9.*0#&'#&L)1&*C.1&%L)%51(1&%L&.?0#&-$?C#X&'1)1$(*5#X&L%+.#&51
F(*/%D&0#'(%.#"1('0*V&4$1.#/(*V&%9.*0#&L%&$*D'01&4$%)*(<*5#.(1&N*9?.1F&b*(*5#X&0%5#&9*
$#'"#)J#.#&"1&L)1&C$?41&*+.#&9*X&%L&4$*.*01X&'$1L*(%D&;%'(1 &O?S(#&51X&*/C.1L#X&?&)1/*&'#
C$P0*D&"*4%)*D#X&%L&0%5*V&51&51L#(&*/&-%L%(1&*'"%)1"#(&'#&51L(*D&(#+*D&*/&9*.1Q0%C&'$1/#
!1)1$(#&51X&D1>?"*DX&?&)1/*&'#&/#4#L(*DX&%L(%'(%&*"#.'0*D&"*4%)*D#&H%&4%0#/?51&?51L(%&*
L)#&C.#)(#&0?."?$(#&?"*<#5#X&0%5#&'?&'1&)1Q&?&"#&)$.%&'"#$#&)$1D1(#&5#)J#.#&?&;%'(*&*
:1$<1C%)*(*&*&"?&'1&?0$+"#.#&H%&51&%L&(#5$#(*5*V&L#(#&L#)#.%&4%'19(%&%91.1S51&P*"#)%5
0?."?$*&%)%C&4%L$?P5#&*&P*(*.%&51&51L(%D&%L&(#5'.%S1(*5*V&[/&"#&L)#&?"*<#5#&5#)J#&'1&5%+&*
"$1Q*i&?"*<#5&0?."?$1&'"#(%)(*0#&L?(#)'01&L%.*(1&*&8*V%)*V&L#J*V&)1/#&'#&0?."?$%D&O?S(1
Y?'*51&*&B#)0#/#&UD#&(#?P18#0#X&0%5*&?&"%D&4$#)<?&C.1L#5?&$1+18#&/#&D(%C#&%L&(#+*V
#$V1%.%+0%0?."?$(*V&4*"#8#X&(#$%P*"%&&+"%&51&?&%'"#.%D&)$.%&)1$%)#"(%&&/#&*'"%P(*&L1%


 

 ,
;#.0#('0%C&3%.?%'"$)#&\#&(#+1&4%L$?P51X&4$1D#&*'4*"*)#8*D#&0%5#&'?&L%'#L&)$+1(#X&"#5&'1
?"*<#5&*.*&)1/#&D%C#%&?")$L*"*&'#D%&(#&4%51L*(*D&D#81)*+1&%'#DJ1(*D&4$*D1$<*D#

 

 
UD#&(#?P(*0#X&0%5*&'?&'0.%(*&)1$%)#"*X&L#&'1&4$1D#&$#/(*D&(#.#'<*D#&(#+*V&(#'1J#&*
8*V%)*V&0?."?$(*V&'.%51)#&L#L?&%91.1S*"*&*&$#/.*0%)#"*&4%51L*(1&1"(*P01&51L*(*<1&0#%
(%'*%<*&$#/(*V&0?."?$#&H#0%&=&:1$(1'&4%&$#/.*<*&4$1LD1"#&*/&;?"D*$#&*&-191.%C&;$L#
D*'.*&L#&D%S1&/#0J?P*)#"*X&L#&'?&?&;?"D*$?X&0#%&D(%C%&'"#$*51D&(#'1J?X&S*)1.*&H$#P#(*
*.*&(10%&L$?C%&'"#$*51&4.1D1X&#&(#&D.#>1D&-191.%D&;$L?&U.*$* &T#L%)1/?5?Q*&(#&"?
D*'#%X&#&4%&*/)1'(*D&#$V1%.%+0*D&)1/#D#&*/D1>?&;?"D*$#&*&K*(P1&*&(10*V&L$?C*V&(#'1J#X
=&K#'*Q&/#0J?P?51X&L#&'?&"%&L%*'"#&9*.*&H$#P#(* &`'.#8#5?Q*&'1&*'"%&(#&:1$(1'#X&0%5*&51
?&;?"D*$?&(#+#%&"$#C%)1&(1C$%*L#X&T&j?4#(*Q&51&?0#/#%&(#&<$(#P0?&%'"%.%C*5?&?
'%51(*P0*D&(#'1J*D#&?&fD%(*&9.*/?&h?9J#(1&*&(#&(1C$%*L(1&%'%91(%'"*&H$%5#(#<#&*&L%)1%
*V&51&?&9.*S?&)1/? &3%)%L%D&51L(1&D#'0*$#(1&C.#)*<1&%L&41P1(1&C.*(1&(#>1(1&?&K*(P*&%(
51&")$L*%X&L#&%(#&F4$1L%P#)#&51L#(&(#$%P*"*&$#'(*&"*4X&0%5*&(#'&4%L'1Q#&(#&'"#$1&*&(%)1
(#$%L1&?&3$1L8%5&R/*5*F&T#&"?&(1+"%&(14$1<*/(?&0%('"#"#<*5?&%(&(#L%)1/?51X&0#0%&9*&F?
"%D&'.?P#5?&"$19#.%&L#&9?L1&)1Q&"#L#&0?."?$(*V&51/*0%)(*V&*&0$)(*V&')1/#&*/D1>?&(#+1C
4%.?%'"$)#&*&=#.1&R/*51F
&T#5'.*P(*5*&"*4&)*(P#('0%D&%(&D*'.*&L#&51&(#+#%&0%L&:1"*"#
?&=#.%5&R/*5* 
[&')%D&)1.*0%D&L1.?&%&> 
/&M%$L%(&_#5.L&?/*D#&0#%&4%.#/(?&"#P0?X&L#&'?
(1%.*"'0?&<*)*.*/#<*5?&?)1.*&?&'1)1$(?&!$9*5?&*&;#(#"&0%.%(*'"*&'&d$(%C&=%$#&*&fC151i&?
D.#>%5&41$*%L*&EK*(P#&IIG&*&%(X&0#%&*&L$?C*&*'4*"*)#P*X&(#.#/*&P*"#)&(*/&4%L?L#$#8#
*/D1>?&4$1LD1"#&9%'#('0*V&(#.#/*+"#&E;?"D*$#X&B.#0#$#X&-%81&=#V#.1G&*&L$?C%C&(*/#
L?(#)'0*V&'#&(#.#/*+"*D#&=#Q1L%(*51X&H1'#.*51X&M$P01X&B*0.#L#X&=#.1&R/*51 &H#
4%L?L#$#8#&L%.#/*.#&9*&%L&(%'*.#<#&51L(1&*'"1&*.*&9#$&)$.%&4$*9.*S(1&0?."?$1&#.*&(*51
'*C?$(%&L#&'?&4%"*<#.#&*&%L&J?L*&*'"1&$#'1X&*#0%&(*&"%&(*51&*'0J?P1(%&[&')%5*D&'"?L*5#D#
%&'"#$*D&H$#P#(*D#&?0#/*)#%&51&)1Q&$#(*51&K&H%D#+10&(#&)$.%&)#S(#&4%L?L#$#8#&?
4.1D1('0*D&(#/*)*D#&;#.0#(#&*&=#.1&R/*51&-#$L#(<*&'1X&(#&4$*D1$X&'4%D*8?&?&!"#$%5
!$9*5*&*&%0%&H$%51X&P#0&0#%&4$#'"#(%)(*<*&%)1&L$?C1&K1Q&'"#$*&4*'<*&L%)%L*.*&'?&?&)1/1
D#.%#/*'01&f(1"1&'&K1(1"*D#X&o$*C1&'&;$*C*D#X&D#Q1L%('01&*&D#.%#/*'01&=*CL%(<1X
D#Q1L%('01&`L%D#("1&'&`L%D#("*'%D&?&=#.%5&R$D1(*5*X&=*/1&'&;#.0#(#&'&%(*D#&?&=#.%5
R/*5*X&*&'. &UD1(#&"$%5#('0*V&5?(#0#&3#$*'#X&:10"%$#X&f(151X&R(V*/#X&3$*5#D#&*&L$&*D#5?
5#'(1&*.*$'01&#(#.%C*51 &!&4?(%&/(#8#X&#.*&*&'#&D(%C%&(#?P(1&$1/1$)1&$#/)*%&51&%)#5&<1%
4$%9.1D&5%+&@,&4$%N1'%$&3#).1&B$1PD1$X&0%5*&'D#"$#&0#%&(1'?D8*)?&)1/?&D#.%#/*'0*V
(#$%L#&'#&V1.1('0*D&0%4(%D 
T*51&5%+&?")$>1(%&?&(#?<*&0%5*&'?&9#+&(#$%L*&%L&%(*V&)1Q&4%/(#"*V&?&V*'"%$*5*&*&0%5*D
$1L%D&S*)1.*&(#&4%L$?P5?&'"#$1&;%'(1&-%&(1L#)(%&'1&?/*D#.%X&L#&'?&4%(#5'"#$*5*&9*.*
H$#P#(*&B#$.%&3#P&?4%/%$#)#%&51&(#&*/)1'"#(&(*/&*D1(#&"$#P0%C&4%$10.#&*.*&"$#P0%C&%9.*0#
(#&P*"#)%D&/#4#L(%D&L1.?&;#.0#('0%C&3%.?%'"$)#X&0#%&H1$D*L#)#X*.*&!#.%(#&&!#.%(&?
"$#P0%5&;*"*(*5*X&*.*&T1'"%'&Ed1"*(#G&&=1'"#&&T1'"#&?&H$#0*5*i&*.*&?&:1$<1C%)*(*
RL/*/*?D&4$1D#&R/*/*'&(#&4?"?&*/&K*D*(#<*5#&?&;#(#"&*&'.&`(&51&D*'.*%X&L#&'?&H$#P#(*
(10#L&/#?/*D#.*&P*"#)%&;#.0#('0%&3%.?%'"$)%X&4#&L#&'?&*/#&8*V&L%+.*&U.*$*X&*&"%&?&%)1
/#4#L(1&/1DJ1&*'"%&%(#0%&L%<(*51X&0#0%&'1&"%&L%C%L*.%&'&8*D#&?&f4*$?X&R0#$(#(*5*&*
f"%.*5*&\#&51L(%&"$#P0%&4.1D1&0#%&'"#(%)(*01&(#&5#L$#('0%5&%9#.*&*D#&*&4*'D1(*V&'4%D1(#
0%L&'"#$*V&4*'#<#&H%&'?&;$*/*&*.*&;$*C*X&0%5*&%')#5#5?&-$#P&*&L$S1&L)#&%"%0#&(#&'1)1$?
RL$*51 &UD#&'"#$*V&4*'#<#X&*'"*(#&?&"%D&4%C.1L?&(1&L%)%J(%&4%?/L#(*VX&0%5*&*&U'"$#(1
4%D*8?&0#%&H$#P#(1 &H$#P0%&4.1D1&9*.*&'?&D%SL#&*&=#(*5*X&0%5*&'?&'"#(%)#.*&%0%&L%81
T1$1")1&*&(*S1X&*&P*5*&"$#C&*D#D%&)1$%)#"(%&?&*D1(?&=#*(#&3%&8*D#&51&P*"#)&L1%&D%$#&%L
!4.*"#&L%&31J1+<#&9*%&?&'"#$*V&M$0#&/)#(&=#(*'0*D&\#.*)%D&B#%&"$#P0%&4.1D1&'D#"$#5?
(10*&*&-#%$/1X&8*V%)1&'?'1L1&(#&.1)%5&%9#.*&T1$1")1X&%0%&L#(#+81C&:?"%)#&*&M#91.1&*&L#J1


 

 6
L%&!"%<#&*&3%4%)# &R.*&4$%"*)&"#0)%C&'V)#"#8#&*&D1"%L#&0%5*D&51&3#P&L%+#%&L%&')%5*V
$1/?."#"#&5#)*.#&'1&%+"$#&%4%/*<*5#&T&K?.*Q&51X&0%L&(#'&4$)*X&?&L)#"$*&D#V#&(#C.#+#)#%X
L#&'#D#&*'"%)1"(%'"&*D1(#&(#&51L(%5&*&(#&L$?C%5&'"$#(*&(1&9*&5%+&9*.#&L%)%J(#X&L#&'1&0#%
'*C?$(#&4$*D*&C%$8#&4%'"#)0#&T10#&%L&(#)1L1(*V&*D1(#&*D#5?&')%5*V&4#$#.1.#&*&(#&L$?C*D
'"$#(#D#X&?&0%5*D#&(*51&9*.%&"$#P0%C&1.1D1("#&*&CL1&'1&%(&"1+0%&L#L1&*&4$1"4%'"#)*"*&T4$
!#.%(&?&B*.*0*5*&*&!#.%&?&e4#(*5*i&R'#D?D&0%L&-?9$%)(*0#X&R'#D?'&?&;?C#$'0%5X&R'#D%(
?&M#.*5*X&R'#D#'&?&=#)$1"#(*5*X&R'#D%(&?&f.*L*&*&'. &O%+&%L.?P(*51&?'"#%&51&4$%"*)&"%C
D*+J18#&^&;#$*QX&#.*&'&L$?C%C&C.1L*+"#&`(&L$S*&L#&51&*.*$'0%&'"#(%)(*+")%&'"#$*51&%L
"$#P0%C
&3%&81D?&51&#.9#('0*&51/*0&?&'")#$*&51/*0&L%'1J1(*V&H$#P#(#X&?&0%D&51&%'"#.%
D(%C%&4$1L#.9#('0*V&1.1D1(#"#&=1>?&"*D&1.1D1("*D#&(#.#/1&'1&*&*.*$'0* &;#$*Q&'1X&?
4*"#8*D#&"%4%(%D#'"*01X&*#0%&(1&4$*D#&3#P%)&D1"%LX&(1&'.#S1&(*&'#&K?.*Q1DX&(1C%
4$*V)#"#&L#(#'&?&(#?<*&')1&)*+1&%')#5#5?Q?&"1%$*5?&%&'"#$%D&9#.0#('0%D&'"#(%)(*+")?
(1*(L%1)$%4'0%C&4%$10.#X&0%51&51&9*.%&?&)1/*X&*.*&P#0&?&'$%L'")?X&'#&'"#(%)(*+")%D&=#.1
R/*51X&R$V*41.#C#X&M$P01X&#&0%51&'1&4$%'"*$#.%&*&L#J1&(#&/#4#L?&5?S(1&f)$%41X&?&f"$?$*5*&*
e4#(*5*&`L&5?C%'.%)1('0*V&(#?P18#0#&"?&"1%$*5?&%&4$1*(L%1)$%4'0%D&*.*&#.#$%L*'0%D
1.1D1("?&(#5L%'.1L(*51&*&'&(#5)*+1&$#L%)#&/#'"?4#&B&`+"*$ &T&j?4#(*Q&51&4%0?+#%&L#
/#&"1&.*(C)*'"*P01&"1%$*51&L#L1&*&(1+"%&#$V1%.%+0*V&4$*.%C#&9#+&*/&(#+*V&'"$#(#X
?0#/?5?Q*&(#&)1Q&4%D1(?"?&'.*P(%'"&*/D1>?&51L(1&D#'0*$#(1&C.#)*<1&*/&K*(P1&*&V1"*"'0*V
.?9#8#&-$&M&T%)#0&'1&4$*L$?S*%&"%D&D*+J18?&?4%/%$#)#5?Q*&(#&$#+*$1(%'"&4.1D1('0%C
(#/*)#&-#$L#(#<#X&0%51&(10*&'"#$*&4*'<*&(#/*)#5?&U.*$*D#X&%L&e#$4.#(*(1X&4$10%&4%&8*D#
4$%/)#(*V&-#$L#(1.#X&L%&"$%5#('01&%9#.1&?&=#.%5&R/*5*&K1/1&=#.1&R/*51&'&5?S(%D
f)$%4%D&?&"%&$#(%&L%9#&L%*'"#&')1&'1&)*+1&?")$>?5?&!"#$*&R$*5#(&51&)1Q&*&'#D&L#)(%&")$L*%X
L#&'?&=*/*&*&H$#P#(*&*&f)$%415<*&*&R/*5#"*&\#&f"$?+P#(1&'1X&(#&4$X&'#L&'0%$%&'*C?$(%
)1$?51X&L#&'?&L%+.*&?&U"#.*5?&9#+&*/&=#.1&R/*51&=*&.*P(%&?&"%&4*"#81&(1&D%S1D%
?(1"*&)*+1&')1".%'"*X&51$&(#'&?&81D?&%'"#)J#&(#+&4%?/L#(*&V*'"%$*'0*&D1"%Li&"%&4*"#81
*D#Q1&L#&$1+1&L$?C1&(#?01&T#4%D1(*D%&'#D%X&L#&?&(#?<*&L#(#'&4$1%).#>?51&D*+J181X&0%51
51&%)#0%&0#"1C%$*P0*&N%$D?.*'#%&B&e?V#$L"&F[&!$1L%/1D(%D&=%$?&4%'"%5*&4$#'"#$%
'$%L'")%&%L&e4#(*51&4$10%&U"#.*51X&M$P01&')1&L%&O?S(1&Y?'*51&*&B#)0#/#&R$V1%.%C*5#&C#
D%S1&9%C#"%&L%0#/#"*F
[&(#5$#(*51&L%9#&4*'#(*V&V*'"%$*'0*V&*/)%$#&/#?/*D#.#&'?&4$%'"%$&%L&'1)1$(%C&L1.#
O#L$#('0%C&=%$#&L%&31.%4%(1/#&*&%L&-?(#)#&L%&=%$#)1&D(%C%9$%5(#&*.*$'0#&4.1D1(#
O1L(%&%L&(#5)1Q*V&*.*$'0*V&4.1D1(#X&O#4%L*X&P*51&'"#(%)(*01&(#.#/*D%&'&%91&'"$#(1&D%$#X&?
)$V?&RL$*51X&)1S1&'#4.1D1(*01&;#.0#('0%C&*&R41(*('0%C&3%.?%'"$)#X&CL1&*V&51&*'"%&"#0%
9*.%&?&/(#"(%D&9$%5?&[&Ia&*&III&)10?&4$1&:$*'"#&)1'"*&%&U.*$*D#&4%'"#5?&P1+Q1&*
4$1<*/(*51X&"#0%&L#&(#&%'(%)?&8*V&D%S1D%&'&*/)1'(%D&'*C?$(%+Q?&4$#"*"*&8*V%)?&'?L9*(?
T#D#&.*P(%X&$#L*&"%C#X&"1%$*5#&%&"$#P0%D&1.1D1("?&0#%&(%)*51D&?&/#4#L(%D&L1.?&;#.0#('0%C
3%.?%'"$)#&(1&*/C.1L#&D(%C%&)1$%)#"(#&B#L&9*&H$#P#(*&4%"*'(?.*&U.*$1&)1Q&?&V*'"%$*'0%
L%9#X&0#0%&L#&%&"%DX&4%$1L&"%.*0%&L$?C*V&)1'"*X&(1&%'"#(1&(*0#0)#&"$#C#“
U.*$*&'?&9*.*&4%L1J1(*&?&D(%C%&D#8*V&*&)1Q*V&4.1D1('0*V&51L*(*<#X&%L&0%5*V&'?&'#D%
(101X&*/L$S#)+*&P1+Q#&4%D1$#8#X&4%'"*C.1&)1Q*&/(#P#5&R.*&%4+"1&*D1&/#&P*"#)?&8*V%)?
4.1D1('0?&/#51L(*<?&4%'"%5#.%&51&*&9*.%&4%/(#"%&*&M$<*D#&*&Y*DJ#(*D#i&%(%&51&=.
¤«ŽŽ˜§¡’&I  X&  X&*&"10&L%<(*51&?%9*P#51(*&I  &UD1&=&B&`+"*$&L%)%L*&?
)1/?&(1&'#D%&'#&n  &$
%?.&(1C%&*&$%.51$&51&¤«ŽŽŸ¡ •’&/D*5'0*&V1$%'
-#(#+81&V$)#"'0%&3$*D%$51&9*.%&51&(#'1J1(%&b*9?$(*D#X&%L.*P(*D&4%D%$<*D#&b*0#&*
'1)1$%/#4#L(#&;%'(#&*D#.#&51&0#%&'"#(%)(*0#&O#4%L1X&P*51&51&'$1L*+"1&9*.%&%0%&;*V#Q#i&%0%
*/)%$#&[(1&*&[(<#X&0%L&31Q*&*&?&M$#V%)?X&*&?&L%.*(#D#&;?"*+(*<1&*&Y#L*J1)<#&%9*"#)#V?
-*<*%(*X&#&9.*/?&8*V&M.*(L*<*%(*&O?S(%&%L#".1&'"#(%)#.*&'?&-1?$*&*.*&-1)$*i&8*V%)%
*D1&L%)%L*&'1&?&)1/?&'#&c1)$'0#D# &T#&*'"%0?&%L&O#4%L#X&%0%&K$9#'#X&91V?&=1/15*&*.*
=#/15*&E8*V%)%&51&D1'"%&=#/*(G&!&%91&'"$#(1&B?41&(#.#/*.*&'?&'1&B%.#4*5#(*X&#&?/&C%$8*
"%0&!#)1&b#"%9*<*
&`0%&-*(#$1&S*)1.*&'?&-*(L#$*X&0%5*&'?&4%&4.#(*(*&L%9*.*&')%51
*D1&=#8#&4.1D1(#X&:*.15*X&!*%4*X&:*"D*"*X&:*51$#'"#D(*&*&;?.*(*&'"#(%)#V?X&*/D1+#(*


 

 @
'#&C?'#$'0*D&b*9?$(*D#&*&?&/9*51(*D&9$#"'")*D#X&%L&/#L#$'0%C&4%L$?P5#&L%&$101&d1"*(1
T#/*)&!"#D(*&%L$S#%&'1&?&(#/*)?&D1'"#&!"%(#&Eq&&q&D1+#&'1&5%+&?
'4%D1(*<*D#&^III^Ia&)10#G&`L&d1"*(1&L%&9.*/?&T1$1")1&91V?&T1'"*X&#&(#&T1$1")*&T#$1/*
U'4%L&8*VX&%0%&?+Q#&T1$1")1X&'"#(%)#V?&=#(*5*&`)%&4.1D1&4%"*'0*)#.*&'?&*.*$'0*
R$L*515*&*.*&%L&b#"*(#&/)#(*&K#$L15*X&0%5*&'?&S*)1.*&(#&4%L$?P5?&%L&T1$1")1&L%&!0#L$# 
*&0%5*&'?&4$1"'"#)J#.*&C.#)(*&L$S#)%")%$(*&1.1D1(#"&U.*$'01&-$S#)1&III&*&II&)10#&4$1&:$
\#&8*V&*/$*P(%&0#/?51&R4*5#(X&L#&'?&(#59%J*&4%D%$<*&E&¤©¡™  ¬• &Š­&®Žœ¦¦ &–Šž’
œ¡ ¦Š• G 
!)#&%(#&'*"(*5#&4.1D1(#&*.*&8*V%)#&*D1(#&*/D1>?&b*9?$(#&*&K#$L15#&4%'.1&'1&4%.#C#(%
C?91X&#&D1'"%&8*V&'1&5#)J#&'0?4(%&*D1&D%SL#&(%)%CX&/#)%51)#P0%CX&*.*$'0%C&4.1D1(#&-1.D#"#
*.*&-#.D#"#X&4%&0%D&'1&(#/*)#&*&P*"#)#&/1DJ#&]*V%)%&C.#)(%&D1'"%&51&x   X&?
'"#$%'$4'0%D&-¯.¯D(%°-?D(%&*&-?)(%X&%P?)#(%&?&$?+1)*(#D#&')1&L%&(#5(%)*51C&)$1D1(#
3%&!"$#9%(?&F(#5)1Q1&*&(#59%J1&%L&*.*$'0*V&4.1D1(#F&91V?&R?"#$*5#"*X&L%0&*V&R4*5#(
*'"*P1&0#%&(#5/(#P#5(*51&*.*$'0%&4.1D1&4%&0%4(1(%5&'(#/*&]*V%)#&'?&'1&%9*"#)#.*+"#
(#.#/*.#&'1)1$(*51&%L&-#%$/#X&0%5*&'?&S*)1.*&?&'"%.#P0%D&0$#5?X&*&L%4*$#V?&L#.10%&?
?(?"$#+8%'"&]*V%)%&*D1&©˜­Š¡ ¬Š &$#+P.#8?5?&?&˜­±¡ ¬Š &*&")$L1&FL#&/(#P*&51L*(%X
%(*&%0%&$101&H#$1FX&(#&H#$*&`(*&'?&'1&'&K#$L*515*D#X&4%&4$*P#8?X&L?C%&9%$*.*&%0%
'.#(*V&)$1.#&ED%SL#&0%L&`$#V%)*<1X&0%8*P0*&'$1/G&*&4%"*'.*&*V&%L#".1&L#.10%&4$1D#
5?C%/#4#L?&U/D1>?&=1/15#&*&R?"#$*5#"#X&?&'$1L*+8%5X&;%'(*X&'"#(%)#V?&-1'*"*5#"*&[
;$1/*&0%L&!#$#51)#&(#>1(&51&(1L#)(%&51L#(&(#"4*'&?&0%D&'1&'4%D*81&F 
&x
  F
`0%&'$1L81&-$*(1&91V?&3#$"*(*X&P*51&'#4.1D1(*01&'4%D*8?&D(%C*&4*'<*&*&?&%0%.*(*
-$#P#&[&?S*P0%5&%0%.*(*&(#+.#&'?&'1&L)#&)%"*)(#&'4%D1(*0#&4%L*C(?"#&O?4*"$?
3#$"*(?&[&51L(%D&$*D'0%D&(#"4*'?&0%L&3$*514%J#&4%D*8?&'1&„ E GX&0%5*&'4#L#5?
?&F  
F&(#$%('0%C&0%()1("#&U/D1>?&T1$1")1&*&0%"%$'0%C&/#.*)#&4%$1L&-#%$/#X&0%5*
0?5?&(%)#<&'&.#>#D#X&4$19*)#V?&*&3.1$15*&\#&3*$?'"1&'1&D*'.*X&L#&'?&'"#(%)#.*&(#&4%L$?P5?
%0%&3.#)#&*&3$*/$1(#X&#.*&*D1&C$#L#&31$#'"#&?&;%0*&*&'?)*+1&4%L'1Q#&(#&8*VX&%L(%'(%&(#
51L#(&8*V%)&L1%&[&-?0J*X&0%5#&51&4%&8*D#&L%9*.#&')%51&*D1X&91V?&-%0.1#"*&U.*$'0*V
4.1D1(#&9*.%&51&L%&31.%4%(1/#&*&?&U"#.*5*&*&4%&#.4*'0*D&/1DJ#D#i&8*V%)%&$#'4$%'"*$#81
?&f)$%4*&?/*D#&'1&L#(#'&L#&51&9*.%&D(%C%&)1Q1C&%9*D#&(1C%&+"%&'1&$#(*51&D*'.*.%
3$1&'*C?$(*5*V&V*'"%$*'0*V&)1'"*&*&4%L#"#0#X&0%5*&4%P*8?&"10&L1.*D*P(%&?&Ia&)10?&4$1&:$X
/(#D%&*/&9%C#"%C&#$V1%.%+0%C&D#"1$*5#.#X&L#&'?&(#&(#+1D&4%L$?P5?&)$+1(#&$#/(#&4%D1$#8#
`)#&/1DJ#X&'&81(*D&)1.*0*D&4$%'"$#('")%D&*&4$*$%L(*D&9%C#"'")%DX&%9$#"*.#&51&L%'"#&$#(%
4#S8?&(#&'191&0%L&#0"*)(*5*V&(#$%L#&*&4$1L?/*DJ*)*5*V&'?'1L#X&0%5*&4%0?+#)#5?&L#&'#
$#/(*V&'"$#(#&L%4$?&L%&81&*&L#&?&8?&?(1'?&')%51&4$%*/)%L1&*&4%P(?&"$C%)#P0*&4$%D1"
M$P0*&"$C%)<*X&4%(1+"%&?&%L*'15'0%5&"$#L*<*5*X&%L#)(%&'?&*+.*&%9#.#D#&!$1L%/1D(%C&=%$#
*&81C%)*V&?.*)#X&(#$%P*"%&?&O#L$#(?X&*&)1Q&'?&?&aIIX&%L(%'(%&?&aI&)10?&4$1&:$*'"#&4%L*/#.*
0%.%(*51&(#&4%C%L(*D&D1'"*D#&#.9#('0%C&4$*D%$5#&U/&"%C&51&)$1D1(#&-*$#V*5%(&E-$#PG&*
R4%.%(*5#&E3%5#(*&0$#5&K#.%(1GX&P*5*&51&(%)#<&9*%&?&4$%D1"?&(#&(#+1D&4%L$?P5?&')1&L%
).#L#8#&4$)*V&$*D'0*V&<#$1)#&-$#P&51X&?&%'"#.%DX&9*%&?9$#5#(&?&*.*$'01&C$#L%)1&T#
8*V%)1&L$#VD1&*&V1D*L$#VD1&(#*.#/*&'1&P#0&F*&?&D51'"*D#X&0%5#&'#L#&.1S1&4%')1&4%&'"$#(*X
0#%&+"%&'?&(4$&;51.1D*Q&*&[D%J#(*&?&0%8*P0%D&0%"#$?F &-$#P0*&(%)#<&(#.#/*%&'1&?
J?9?+0%D&'$1/?X&?&;?C%5(?X&?&3?"*P1)?&*&?&H$1D%+(*<*&(#&!#)*i&#4%.%(*'0*&?&J?9?+0%DX
?&M#<0?&*&?&H1+8?&[&-?)(?&51&(#>1(&1.1?/*'0*&(%)#<&*/&Ia&)10#&4$1&:$*'"#i&?&:?D<?&51L(#
V*'"15'0#&L$#D#&'&%"%0#&f?9151&*/&II&)10#&UD*"#<*5#&"1"$#L$#VD1&o*.*4#&II&(#>1(#&51&?
3%'#)*(*X&#&?&K$#(0#D1(?&0%L&B$?41&(%)#<&:*1$#&II
&["*<#5&C$P01&0?."?$1&)*L#(&51&*
*(#P1&O1L(%&%L&?$%>1(*P0*V&4.1D1(#X&-#%$/*X&0%5*&'?&'"#(%)#.*&?&3$*D%$5?&*&(#&.1)%5&%9#.*
T1$1")1&?&'"%.#P0%D&'$1/?X&0%)#.*&'?&?&II&'"%.1Q?&4$1&:$&9$%(/#(1&(%)<1&'#&C$P0*D
(#"4*'*D#X&*'"%&0#%&*&0$#J&;#.#5%'&?&Y*'(?&T#&4$1L8%5&'"$#(*&(#.#/*.#&'1&:1$D1'%)#
C.#)#X&#&(#&L$?C%5&.#>#&'&)1'.*D#X&'#&)*'%0%&/#)*51(%D&'"*)%D&*&9%0%)*D#&*&'#&(#"4*'%D
²©³´Œµ¶ &[&?(?"$#+8%'"*&;%'(1X&?&M$#<?&(#&b141(*<*X&%'"#.%&51&?&/1DJ*&0%D#L#&%L
4%'?L#&%L& &
 &*& &  &K1.*0*&"#8*$*&*/&4$)1&C$?41&*D#5?&')1".%<$)1(?&9%5?X&#


 

 
(#&%'"#<*D#&*/&L$?C1&C$?41&$#'4%/(#5?&'1&C$P0#&'.%)#&R$01X&0%5#&5#'(%&4%0#/?5?&4%$10.%&"1
$%91 &3%$1L&0?."#&9%C#&:1$D1'#X&C$P0%C&?"*<#5#&?&$1.*C*5*&*D#&5%+&U/&L%<(*51C&$*D'0%C
)$1D1(#&(#.#/1&'1&0*4%)*&C$P0*V&9%S#('"#)#&3#(#&*&T*DN1&/#&'"#L#&*&4#+8#01&*&R$"1D*L1
0#%&9%S*<1&+?D1&*&.%)#&T#&*.*$'0*D&(%)<*D#&?4%"$19J#)#&'1&.*0&:1$D1'#X&\1)'#&*
R$"1D*L1&=1>?&#DN%$#D#&?&_#4J*(*&(#>1(#&51&51L(#&'#&C$P0*D&(#"4*'%D&£‘™¡•’X&0%5#
'.?S*&0#%&(14$14%$#(&L%0#/&?)%/#&M$P01&4$%*/)%L1X&?&%'"#.%DX&0%('"#"%)#.*&'D%&)1Q
$#(*51&(10%.*0%&4?"#&?&4$1V*'"%$*'0*D&(#.#/*+"*D#X&(#$%P*"%&?&C.#'*(#P0%5&(10$%4%.*X&*
"%&?&0$#51)*D#&P1'"%&L%'"#&L#.10*D&%L&D%$#&*&4$*D%$5#&f(%X&'#D%&4$*D1$#&$#L*X&*/
D#V$1)*Q01&C%D*.1&51L(%C&4$'"1(#&'#&L?C?J#'"%D&%)#.(%D&C1D%D&%L&0#$(1%.#X&(#&0%5%5&51&9*%
4#1('0*&.*0&C$P01&4$%)1(*1(<*51&M$P0*V&C1D#X&'&(#"4*'*D#X&(#>1(%&51&?&T#$%(*X&%L#0.1
51&*&*+#%&C.#)(*&*/)%/&"*V&*&'.*P(*V&'")#$*&/#&?(?"$#+8%'"&-#&51&C$P0*&1.1D1(#"&9*%&L%'"#
L?9%0%&/#+#%&?&;%'(?&')1L%P*&51L#(&C$P0*&C$%9(*&(#"4*'&*/&;*J#P1&0%L&)#S(%C&$?L#$'0%C
D1'"#&!$19$1(*<1X&0#%&*&C$P0*&S*C&51L(1&*.%)#'"1&4%'?L1&?&M$#L*(*&0%L&!$19$1(*<1&T1
D#8*&51&L%0#/&/#&"%&*&51L#(&)%"*)(*&'4%D1(*0&=*"$#'%)&/#)1+"#(&%L&=1(#(L$#&*/
D#.%#/*'0%C&RN$%L*/*5#'#&(#>1(&?&b*'*P*Q*D#&0%L&B%8*<#
M.#)(#&"$C%)#P0#&.?0#&/#&P*"#)?&;%'(?&*&:1$<1C%)*(?&91+1&'"#$#&T#$%(#X&L#(#+8*&K*L&0%L
=1"0%)*Q#&`(#&'1X&0#%&(#5)#S(*51&#("*P0%&D1'"%&(#+1C&4%L$?P5#X&5#)J#&%L&L$?C1&4%.%)*(1
Ia&)10#&4$1&:$&3'1?L%!0*.#0'&(#)%L*&51&)1Q&0#%&"$C%)#P0%&D1'"%X&?&0%51&')$#Q#5?&$#"(1
.#>1&*&"$C%)<*&`(#&51&1D4%$*5X&0%5*&51&L%9*%&*D1&4%&')%5%5&$1<*&T#$%(*&E–&¶œ¡¨GX&P*51&'1
'"#$%&*D1&5%+&%P?)#.%&?&.%0#.(%D&(#/*)?&T%$*(?&K1/1&'?&'")%$1(1&4%(#54$1&%L&'?'1L(*V
C$P0*V&0%.%(*5#&'#&B%$P?.1X&b#'"%)#&*&K*'#&*&4%'.1&'1&$#/)*.1&?&/(#"(%5&D1$*&'#&')*D#
D1'"*D#&O#L$#('0%C&3$*D%$5#&M$P0*V&0%.%(*'"#&*D#&?&T#$%(*&')1&L%&L%9#&$*D'0*V&<#$1)#X
#&%4+"*(#&*D&51&9*.#&5#0#&*&/#&L?C%&)$1D1(#&51&/#L$S#.#&?&51/*0?&(#$%L(#&*D1(#&[
'4%D1(*0?X&+"%&C#&?D$.%D&R)C?'"?&4%L*S?&'1)*$*&(#$%('0*X&41"%$*<#&(%'1&C$P0#&*D1(#
† 
X&m 
X&† 
 
X&q
&*& &M$#L'0*&'"#(%)(*<*&*&*(#P1&P1'"%&'?X
'?L1Q*&4%&*D1(*D#X&C$P0%C&4%$10.#&x  
X& 
X&r
 
&*&'.&`/(#0#& 



&4%0#/?51X&L#&51&C$P0*&(#/*)&?+#%&P#0&*&?&'.?S91(?&(%D1(0.#"?$?&[%4+"1X&C$P0*
?"*<#5&*&"?X&0#%&*&(#&*.*$'0%D&0$#J1)'0%D&L)%$?X&*&*(#P1X&(*51&9*%&D#.*&M$0&-*D*"$*51
o#$'0*&*C$#&)$.%&)#S(?&?.%C?&?&*.*$'0%5&V*'"%$*5*i&D#50#&0$#J#&M1(<*5#X&f?$*L*0#X&91+1
M$0*8#X&#&81C%)*&'#)1"(*<*&`.*D4*%(X&3#$D1(*%(&*&3#("#?V&*'"%&"#0%&\#&)$1D1&"%C&*'"%C
0$#J&C$P0*&P*(%)(*<*&0?5?&*.*$'0*&(%)#<X&#&?&Y*'(?X&")$L%D&).#L#$'0%D&C$#L?X&C$P0#
0%.%(*5#X&*/C.1L#X&91+1&)$.%&5#0#&H$C%)#P0*&4$%D1"&T#$%(1&'&L$?C*D&D1'"*D#&C$P0%C&')1"#
4%0#/?5?&(#59%J1&(#>1(*&(%)<*&*/&=1.%'#X&!*L%(#X&R.10'#(L$*51&*&H#'%'#X&4%$1L&%(*V&*/
-*$#V*5#&*&R4%.%(*51&K1/1&*/D1>?&M$0#&*&U.*$#X&D?"(1&#.*&(14$14%$(%&%L$S#(1&?&')1'"*X
4%0#/?5?&*&*/)1'(1&'"#$1&V1.1('01&'0#'01X&D1>?&%'"#.*D#&*&4$*P#&%&B#LD?&*&:#$D%(*5*
\#&)$1D1&L%0&'?&'1&5?S(%*.*$'0#&4.1D1(#&0$)*.#&'#&=#Q1L%(<*D#X&(#'"#.#&51&/#&'1)1$(#
)1.*0#&%4#'(%'"&%L&B1."#&T1CL1&4%P1"0%D&Ia&)10#&4$1&:$*'"#&4$%)#.*.*&'?&%(*&*/
3#(%(*51&?&/1DJ1&%0%&!#)1&*&4$%L$.*&L?9%0%&?&?(?"$#+8%'"&;%'(1X&')1&L%&T1$1")1X&CL1&'?X
4%'.?S*)+*&'1&.?0#)'")%DX&/#L#.*&"1S#0&4%$#/&R$L*515*D#&=%SL#&4%"*'(?"*&%L&B1."#&*
R?"#$*5#"*&'1&4%D1$#5?&)*+1&4$1D#&*'"%0?X&*&%0%&AA2&C%L&4$1&:$&'4$1D#V?&'1&L#&(#4#L(?X
(1CL1&%0%&5?S(1&=%$#)1&*.*&K#$L#$#X&R.10'#(L$#&K1.*0%CX&0#L&'1&)$#Q#%&'#&')%C&L?(#)'0%C
4%V%L#&U/#&"%C#&?/(1D*$?5?&31%(1&*&L%4*$?&')1&L%&Y*.1&M%L&AA2&51L(%&V)#.*'#)%
*/#'.#('")%&B1."#&'#&5#L$#('0%C&4$*D%$5#&4%/L$#)*.%&51&R.10'#(L$#&K1.*0%CX&0#L&51&L%+#%&?
/1DJ?&H$*9#.#&`(&C#&51&.14%&4$*D*%&*&'0.%4*%&'#)1/&'&8*D#X&4%&')%5&4$*.*<*&L#&9*&*VX&4%
4%"$19*X&D%C#%&*'0%$*'"*"*&4$%"*)&81D?&(14$*5#"1J'0*V&U.*$#&]*V%)#&'(#C#&*/C.1L#&L#&51
9*.#&L%'"#&)1.*0#X&0#L#&'?&D%C.*X&@7&CLX&L#&4$1>?&?&(#4#L#51&4$%"*)&H$#0*51X&31%(*51&*
=#Q1L%(*51X&*&L#X&4%91L*)+*&4$%"*)(*0#X&#&D1>?&8*D#&*&D#Q1L%('0%C&0$#J#&3"%.1D15#
B1$#?(#X&4$%L$?&')1&L%&-1.N#&?&M$P0%5&;$%5&51L(1&8*V%)1&'0?4J1(1&)%5'01X&?&0%5?&51&')#0#0%
9*.%&?)?P1(%&*&L%'"#&4%0%$1(%C&1.1D1("#X&#&0%5#&51&*/)$+*.#&C.#)(*&(#4#LX&<1(*%&'1&(#
27777&41+#0#&*&7777&0%8#(*0#&3%'.1&4$%L*$#8#&?&M$P0?&"#&51&)%5'0#&9*.#&$#/9*51(#&*X
$#'?"#X&'"$#L#.#&51&%L&C.#L*&*&9%.1+"*(#&!#D%&D#8*&L1%&D%C#%&51&L#&'1&)$#"*&'#&"%C&0%9(%C


 

 A7
4?"#&3%'.1&"%C&4%$#/#&8*V%)#&51&#0"*)(%'"&%P*C.1L(%&'.#9*5#&M.#)(%&8*V%)%&4.1D1
!0%$L*'0#&0%(<1("$*+1&'1&4$1"1S(%&(#&4%L$?P5?&'1)1$(1&!$9*51X&%0%&=%$#)1X&*&"?&?
C.#)(%D&%'"#51&L%&')%C&'.%D#&/#&)$1D1&$*D'0*V&%')#5#8#
H$#C%)*&01."'0%C&?"*<#5#&?&(#+%5&'$1L*(*&(*'?&5%+&L%)%J(%&4$%?P1(*&`(*&'1&'D#"$#5?&0#%
(%'*%<*&D.#>1&.#"1('01&0?."?$1&*&8*D#&'1&4$*4*'?51&?)%>181&%9*P#5#&'4#J*)#81&D$")#<#
3#P&51&(#&4%L$?P5?&%0%&B%8*<#X&?&:1$<1C%)*(*X&?4%/%$*%&(#&01."'0#&*D1(#&?&'"#$*D
(#"4*'*D#&;%5%X&O#0?'X&UD'<1.*%&=1+#81&B1."#&*&*.*$'0*V&O#4%L#X&4$*D1Q1(%&)1Q&%L
'"#$*5*V&4*'#<#X&L#.%&51&(%)&1.1D1(#"&'"#$%5&1"(*P0%5&C$?4#<*5*&(#&9%'#('0%D&4%L$?P5?
`&81D?&*/$*P(%&C%)%$*&!"$#9%(&(#)%L1Q*X&L#&'?&O#4%L*&ž­·§” Š•&«ŽŽ˜¡ • ¬’& ­&¸žŽŠ• ¬’
•’ 
R("$%4%.%+0#&D1$18#X&)$+1(#&(#&)$.%&%C$#(*P1(%D&9$%5?&'"#$*V&%9510#"#X&L#.#&'?
/#(*DJ*)1X&#.*&(1L%)%J(%&'*C?$(1&$1/?."#"1&3%&8*D#X&(#&M.#'*(<?&4$1).#>?51&L%.*V%*L(*
"*4&'#&,@62g&4$1D#&2Ag&9$#V*01N#.#i&?&%'"#.*D&L1.%)*D#&;%'(1&EO1/1$*(1X&-%.*(#&*
L$G&"#5&51&$#/D1$&/(#"(%&D#8*&*&*/(%'*&,7g&L%.*V%*L#&4$1D#& 7g&9$#V*01N#.#&[
:1$<1C%)*(*X&D1>?"*DX&*D#&,7g&9$#V*01N#.#X&#&'#D%& 7g&L%.*V%*L(*V&-#(#+81
'"#(%)(*+")%&;%'(1&*&:1$<1C%)*(1&4$1"1S(%&51&9$#V*01N#.(%&'#&@ g,g&3%&"%D&'1
/#0J?P*)#.%X&L#&51&L%.*V%*L(*&"*4&'"#$*5*&B%D1&'?&4.1D1(?&4$*4#L#.1&"1&.?9#81&"1+0%&51
?")$L*"*&B#%&;%'#(<*&*&L#(#+8*&R.9#(<*&'?&?&)1Q*(*&9$#V*01N#.*&-#&.*&'?&%(*&9*.*
"#0)*&*&?&'"#$*(*&*&L#&.*&(*51&(#'"#.%&(10%&(#D#&(14%/(#"%&4%D1$#81&*&81C%)%&?"*<#81&(#
#("$%4%.%+0*&"*4&"1+0%&51&?")$L*"*&(#&%'(%)?&L%'#L#+81&C$#>1&[&')#0%D&'.?P#5?&*D#&'1
%L9*"*&4$1"4%'"#)0#&K#5'9#VM.*0%)#X&0#%&L#&"1&.?9#81&4%"*P?&%L&$*D'0*V&"$C%)#<#X&0%5*&'?
4$1&$*D'01&)%5'01X&?&4%)1.*0%D&9$%5?X&L%.#/*.*&?&;%'(?&*&9#+&')*&(#+.*&')%51&4%0%5*+"1&(#
M.#'*(<?

B#%&V*'"%$*'0*&P*(*.#<&5#)J#5?&'1&'#')*D&4%?/L#(%&*.*$'0#&4.1D1(#&*&8*V%)#&L$S#)#&"10
%0%&A7&C%L&4$1&:$&H#L#+8*&).#L#$&RC$%(X&P*5#&51&L$S#)#X&*/C.1L#X&*D#.#&4$1"1S(%
4$*D%$'0*&0#$#0"1$&L$S1Q*&*'"%P(?&%9#.?&O#L$#('0%C&=%$#&*&"1S1Q*&L#&4%L).#'"*
L#.D#"*('0#&%'"$)#X&4%D#C#%&51&A&C%L&R0#$(#(<1&?&9%$9*&4$%"*)&f"%.#<#&0#L&'?&%)*
%4'1L#.*&C$#L&=1L*%(X&4%'.#)+*&?&4%D%Q&77&.1D9#&*&2777&$#"(*0#&[&*'"%&)$1D1&%(&51
4%0?+#%&L#&%')%5*&*&K*'X&0%5*&51&/#"$#S*%&$*D'0?&/#+"*"?&RC$%(&51&?D$%&?&'$1L&/#4.1"#&0%51
51&*/#/)#%&')%5%D&#C$1'*)(%+Q?X&%'"#)J#5?Q*&).#'"&')%5%5&S1(*&H1?"*&H1?"#&51&(#'"#)*.#
$#"%)#81&?&f4*$?&*&4%'"*C.#&"#D%&.14*V&?'41V#X&0%51&(*51&D%C.#&L%&0$#5#&*'0%$*'"*"*&'#D%&'
"%C#&+"%&'?&'1&0#%&(%)&(14$*5#"1J&5#)*.*&-#$L#(<*&M%L&&81(#&)%5'0#&(#4#L#.#&51&-$#P&*
?/1.#&B$N&=%SL#&9*&81(%&$#"%)#81&*D#.%&*&)1Q*V&$1/?."#"#X&L#&(*51&*/9*.#&%/9*J(#
%4#'(%'"&%L&Y*DJ#(# 
`)#&#C$1'*)(%'"&U.*$#X&0%5#&'1&(#&L%'"#&)*L#(&(#P*(&4%0#/*)#.#&?&/#)%51)#8*D#&(#&5?C?X
%5#P#.#&51&?'.1L&8*V%)#&L?C%C%L*+81C&*&'D1.%C&0$'"#$18#&4%&%9#.#D#&O#L$#('0%C&3$*D%$5#
*&?&8*V%)%5&/#.1>*(*X&(#&0%5*D#&'?&'$1"#.*&)$.%&D#.%&*.*&(*D#.%&%"4%$#&`V$#9$1(*
4%'"*C(?"*D&?'41'*D#&%(*&4$%+*$?5?&')%5&0$?C&#0<*51&')1&L%&31.%4%(1/#&*&L%&"#.*5#('0*V
%9#.#&`L&8*V&'"$#L#&D1>?&L$?C*D#&*&$*D'0#&"$C%)*(#&*&4%&O#L$#('0%D&=%$?&*&L?S&81C%)*V
%9#.#
U.*$*&'?&9*.*&4$1"1S(%&9$>#('0#&4.1D1(#X&?&C.#)(%D&'"%P#$*X&(1D*$(#&L?V#&*&C%"%)%
'"#.(%&?&D1>?'%9(%5&0$)*&T#$%P*"%&'?&9*.1&%+"$1&*&L?C%&4#DQ1(1&9%$91&*/D1>?&R?"#$*5#"#
*&R$L*515#&`)*&L$?C*X&P*'"%&P1"(*P0%&4.1D1X&S*)1&)$.%&$#'4?'(*D&S*)%"%D&*&(*'?&(*D#.%
$#L*(*&\1DJ?&*D&%9$#>?5?&4%0%$1(*&=#(*5*X&P*5*&'1&9$%5&4%D*81&'#&A77777&C.#)#&`(*&'1
'#D*&*(#P1X&'*+#)+*&9.*/?&D%$#X&9$/%&4%)1$#)#5?&81C%)%5&'"*V*5*&*&%L#5?&?&)1.*0%5&D1$*
C?'#$'")?&[&')%5*D&.#0*D&P#D<*D#X&9$/*D&*&.#0%&4%0$1"(*DX&%(*&(1&'#D%&+"%&'1&'D1.%
%"*'0?5?&L#.10%&%L&%9#.1X&')1&L%&fC15'0%C&=%$#X&(1C%&'1&?'?>?5?&L#&'&8*D#&(#4#L#5?&*&D(%C%
)1Q1&C$P01&*&4%'.1&$*D'01&.#>1&U&%(*&'#D*&*&8*V%)1&.#>1X&.1D91X&9$/%&*/.#/1&(#&C.#'&*
9*)#5?&%/9*J(%&$1'410"%)#(*&j*)1Q*&"#0%&0#%&P1"(*<*X&C?'#$*&*&'"%P#$*X&%(*&'1&(#)*0#)#5?
(#&.#0&S*)%"X&4%'"#5?&%9.#4%$(*&*&4%V%"(*X&*&(#$%P*"%&)%.1&L#&'1&%4*5#5?X&?S*)#5?Q*&?


 

 A
P1'"*D&C%/9#D#&UD#&P#0&4$*P#X&L#&'?&*V&B1."*X&'#/(#)+*&/#&"#5&8*V%)&4%$%0X&(#D#D*.*&(#
51L(?&L%9$%&'4$1DJ1(?&C%/9?&*&/#D#>*5#(%&4*Q1&*&"#0%&*V&4%"?0.* &T#&4*5#(0#D#
?P1'")?5?&*&S1(1X&0%51&'?&0%L&U.*$#&9*.1&$#)(%4$#)(1&*&0%51&4%(10#L&?/*D#5?&*&)$V%)(?
L$S#)(?&).#'"X&0#%X&(#&4$*D1$X&).#L#$0#&H1?"#&T#$%L(%&4*Q1&51&4*)%X&/)#(%&'#9#5#X
'4$#)J#(%&%L&51PD#X&4$%'#&*.*&+1(*<1i&?&:1$<1C%)*(*&*&-#.D#<*5*&4*.*&'?&)1$%)#"(%&*
)*(%&3%$%L*P(*&S*)%"&0%L&"#0)*V&J?L*&(1&*/C.1L#&L#&51&9*%&D(%C%&D%$#.#(&\#&*/)1'(1
*.*$'01&4%C.#)*<1&/(#&'1X&L#&'?&*D#.*&)*+1&%L&51L(1&S1(1X&#&/#&.*9?$(*'01&S1(1&91.1S*&'1X
L#&'?&*D#.1&)*+1&D?S5#0#&b*9?$(*D#X&4$*P#&'1X&S1(1&*&L1<#&9*.*&'?&?%4+"1&/#51L(*P0*
!.%9%L(1&*.*$'01&S1(1X&0%5*D#&L1)%5#+")%&(*51&?)1"&/#&?L#5?X&'(#S(1&*&.14%&$#/)*51(1X&$#L1
')1&0?Q(1&4%'.%)1X&L%).#P1&'#D1&L$)#X&P?)#5?&'"%0?i&*D#.1&'?&%L&4$*.*01&%(#5&L1.%0$?CX&0%5*
L%&(1L#)(%&*&S1(1&4%&R.9#(*5*&*&d$(%5&M%$*X&'#D%&'#&D#81&D%$#.(*V&%9#)1/#&T1'4%'%9(#&/#
S*)%"&L1<#&9*.#&'?&0%L&R?"#$*5#"#&(#4?+"1(#&*&?&')1D?&'1&)$+*.#&(10#&*('"*0"*)(#
'1.10<*5#X&T*0%.#&-#D#'0*(&4*+1&/#&-#$L#(<1X&L#&'1&?&S*)%"?&0?4#5?&'#D%&"$*&4?"#&%
$%>18?X&S1(*L9*&*&'D$"*&_*'"%Q#&9$>#('0*V&'"%P#$'0*V&4.1D1(#&(*51&(*&0#'(*51&D(%C%
9%J#
[&9%$9*&%(*&'1X&?&C.#)(%DX&'.?S1&0%4J1Di&$1>*&'?&0$#"0*&D#P1)*&?&%9.*0?&5#"#C#(#&*&(#Z#<*
!&"%C#&?&C.#'*(#P0%5&(10$%4%.*&%(%.*0*&9$%5&0%4#J#&]*V%)#&C.#)(#&)1+"*(#&51&9%$9#&?
0.#(<?X&CL1&'?&)$.%&'4$1"(*&*&CL1&'1&9$/%&'4%$#/?D1)#5?&B%8*<1X&4$*$%L(%X&(1D#5?i&*'"%
"#0%&(*'?&)1+"*&/#&9%$91&?&'$1>1(*D&9%5(*D&%L$1L*D#&[&L%L*$?&'&M$<*D#X&#&4%'.1&*&?
9%$9#D#X&0#%&4.1(X&L%9*5#5?&(1+"%&)*+1&*&(1+"%&.14+1C&%$?S5#X&(#$%P*"%&0#<*C1&'
0#$#0"1$*'"*P(*D&.*'"%)*D#&0%5*&*D&P?)#5?&%9#&%9$#/#X&L%0%.1(*<1&*&(#$?0)*<1&T#&4$'*D#X
D1'"%&%0.%4#X&(%'*.*&'?&"%01X&0%51&'?&5%+&*&L#(#'&?&%9*P#5?&0%L&'"#(%)(*0#&*'"%P(1
:1$<1C%)*(1&*&d$(1&M%$1
[$1>181&*D&51&9*.%&4.1D1('0%i&4%D#C#(%&)$.%&D(%C%&$#/?>1(*D&*&%L)%51(*D&"1$1(%D
L*(#$'0%C&'*'"1D#X&?&0%D1&'?&*D&C.#)(#&'1L*+"#&B%L&4%51L*(*V&4.1D1(#&9$%5&9$#"'"#)#&51
)$.%&)1.*0*i&0%L&-1.D#"#&51&*/(%'*%&A X&0%L&-1'*"*5#"#&7AX&0%L&T#$1/#&7i&0%L&L$?C*V&51
*'4%L&'"%"*(1&3.1D1(*D#&'?&?4$#)J#.*&8*V%)*&4%C.#)#$*X&D?+0*&*.*&S1('0*
Y#'<140#(%'"&*&'?)*+1&$#/)*51(#&4.1D1('0#&*(L*)*L?#.(%'"&9*.*&'?&?/$%0X&L#&U.*$*&(*'?
(*0#L&'")%$*.*&')%51&/#51L(*P01&L$S#)1&*&L#&'?&0#'(*51X&$#L*&D1>?'%9(*V&9%$9*&*
(1$#/)*51(1&')1'"*&%&/#51L(*<*X&4%'"#.*&L%'"#&.#0%&4.1(&$*D'0%C&*D41$*#.*/D#&!$1L*(%D
III&)10#&9*.#&51&(#'"#.#&51L(#&4%)1Q#&*.*$'0#&L$S#)#X&&81(%C&).#L#$#&M$<*&/%)?&¹¦ ŽžŸ’&
#.*&51&%(#&%C$#(*P1(#&4$1"1S(%&(#&4%L$?P51&O#L$#('0%C&3$*D%$5#X&%L&!0#L$#&L%&d1"*(1X&#
).#'"&C%C#&).#L#$#&91+1&/(#"(%&%C$#(*P1(#&4.1D1('0*D&4$1"'"#)(*<*D#
`&51/*0?&U.*$#&/(#&'1&)$.%&D#.%X&4%+"%&'?&D?&51L*(*&%'"#<*&%P?)#(*&'#D%&?&(10%.*0%
.*P(*V&*D1(#&*&(10%.*0%&"%4%C$#N'0*V&(#/*)#&O*$1P10&51&?4%/%$*%&(#&)$.%
0#$#0"1$*'"*P(?&P*81(*<?X&L#&'?&*D1(#&D?+0*V&*&S1('0*V&.*<#&P1'"%&*'"#&H#&'?
(#$%L(#&*D1(#&P?)#(#&L%'"#&L?C%X&*&(#&(#+1D&4%L$?P5?&?&'"#$*D&(#"4*'*D#&*D#&*V&4$*.*P#(
9$%5X&(#&4$&;#"%X&-#/#'X&3$*)%X&=#'*%4*#X&b#*'0?'X&3#("%X&H*"#X&3*(1'X&;$*0?+#X
=#(L1"#X&\%$#L#X&\#(#"*'X&M.#)?'X&H1D15#&*"L&T1+"%&%L&"*V&(#/*)#&%'"#.%&51&?
"%4%(%D#'"*<*&')1&L%&(#+*V&L#(#&3%&)$.%&4%/(#"%D&*.*$'0%D&)%>*&;#"*&*.*&;#"%(?&*&4%
"%D&*(#P1&4%4?.#$(%D&*D1(?&0%L&U.*$#&C%"%)%&51&'*C?$(%&L#&'?&(#'"#.*&D1'(*&(#/*)*X&0#%
(#&M.#'*(<?X&'.#)(%5&(10$%4%.*&*.*$'0%5X&;#"%)%i&;#"%&*&;#"%"*Q*&?&9.*'0%D&P#5(*P0%D
'$1/?i&;#"?+#&?&M%$81D&K#0?N?&'#&"*D&'"#$*D&*&(1'.%)1('0*D&(#'"#)0%D&?+#i&;#"*Q*&?
'#$#51)'0%D&'$1/?&*&'.&[&D#(#'"*$?&M%$*<*&0%L&b*)(#&(#+#%&51&:1$(1'&51L#(&0#D1(&*/
b*+"#(#&'&(#"4*'%DX&?&0%D&51&4%D*8#(%&*D1&l&T1L#.10%&%L&b*)(#X&?&K$*.*D#X&(#.#/*&'1
*&.%0#.(*&(#/*)&;#"?(*&[4#L#&?&%P*&*&(#/*)&-#$L#C#(*&?&P#5(*P0%D&'$1/?&!#&4.1D1(%D
U9$*5#(#&?&)1/*&51&*D1&4$#'"#$%C&U9$#&E'$&(#/*)&U91$*5#G&[&D1'(*D&(#/*)*D#&"*&'?&'"#$*
%'"#<*&5%+&P1+Q*&M.#)(#&$10#&:1$<1C%)*(1&T1$1")#&/)#.#&'1&T#$%&*.*&T#$%(i&"#0%&'1&?
81(%5&9.*/*(*&L%&L#(#'&/%)1&51L#(&4%"%0&T%$*(&Eƒ &&T%$*(&0#%&q &&!%.*(G&R.*&*
L$?C%&*D1&T#$1("#&&T1$1")#&*'"1&51&C$?41&M$#L&\#L#$&/)#%&'1&$#(*51&O#L1$&*.*&O#L1$#i&*D1&51
5#'(%&?&)1/*&'&(#/*)%D&O#L$#(#&*&'#&'$9*5#('0%D&%9.#+Q?&O#L$#&`L&#$L*515'01&)#$%+*


 

 A
;*'"%8&&;#'"&L%+#%&51&(#/*)&;#+0#&K%L#&UD1(#&0#%&-$*DX&-$*(#X&-$*8#P#X&!#)#X&;?(#X
;%'(#X&[(#&*&L$&')#&'?&'"#$%C&4%$10.#X&)1$%)#"(%&4%(#5)*+1&*.*$'0%C&`L&8*V&51&$1L#0&9$%5X
0#%&-$*DX&/#L$S#%&D?+0*&$%LX&L%0&'?&C#&L$?C#&4$%D1(*.#i&'$&q
X&x 
&*"L&`L&'"#$*V
*D1(#&D1'"#&0#%&;*C1'"1X&;*'"?1X&b1?/*(*?DX&!"#(10.*&%P?)#(#&'?&'#D%&-?D(%&*&T#$%(#X
`'"#"#0#&?&L$?C*D&(#/*)*D#&*D#&*'"%&"#0%&UD1&R$#$1)#&C%D*.#&(#&M.#'*(<?&H#.%<*&*
H$?V1.0#&*/)%L1&%L&.&+"%&?&#$9#(#+0%D&%/(#P#)#&"?D?.
T#&%'(%)?&'0?.4"?$#&*&$1J1N#&(#&'"#$*D&(#LC$%9(*D&'4%D1(*<*D#&4%0?+#.*&'?&B&3#P&*&-
!1$C151)'0*&L#&$10%('"$?*+?X&9#$&?&(10%.*0%X&%L1.%&'"#$*V&*.*$'0*V&S1(#&`(1&'?X&*/C.1L#X
(%'*.1&"?(*01&'#&L?C#P0*D&#.*&?'0*D&$?0#)*D#X&*&9*.1&'?&%4#'#(1&`L1.%&*D&51&/#0%4P#)#.#
51L(#&N*9?.#&(#&$#D1(*D#&UD#&4$*D1$#&L#&'1&4%)$V&L?C1&"?(*01&(%'*&*&C%$81&0$#Q1&%L1.%X
0%S?V&*.*&"#0%&(1+"%X&0#%&*&L#(#'&?&*/)1'(*D&0$#51)*D#&;%'(1&*&:1$<1C%)*(1&[L#"1&S1(1
(%'*.1&'?&(#&C.#)*&(1&)1%X&0#0%&0#S1&!1$C151)'0*X&(1C%&F%0$?C?FX&91.?&P1")$"#'"?&D#$#D?X
0%5#&4%0$*)#&"1D1X&0%'?&*&4#L#&(*/&.1>#&H#&'1&%0$?C#&E$1P&'1&"#0%&?4%"$19J#)#&?&L%.*(*
T1$1")1G&5#'(%&$#/#/(#51&(#&'"#$*D&'4%D1(*<*D#X&#&%P?)#.#&'1&')1&L%&L#(#'&0%L&'1%'0%C
'"#(%)(*+")#&'$1L81&*&/#4#L(1&:1$<1C%)*(1&F-1)%501&%9*P(%&(*'?&4%0$*)#.1&C.#)?F&`L
(#0*"#&*D#.1&'?&%9%<1X&?&%9.*0?&0%.?"%)#X&*&N*9?.1&'&4$*)1'<*D# &T#&C.#)#D#&'?&(%'*.1
%0$?C.1&0#4*<1&*.*&)*'%01&0#41&%L&0$?"%C&D#"1$*5#.#&b&H#.%<*&D*'.*&*&L#&51&(#+#& 
%'"#"#0&.*9?$(*'01&.#<1$(1X&0#%&*&#.9#('0*&%C$"#P&'#&<$)1(%D&0?0?J#P%D
&c
!"$#"*D*$%)*Q&51&(#+#%&(#&M.#'*(<?&*&4%$#D1(*<1X&4$10%&0%5*V&'?&4$%"?$#(*&'0?"%)*&%L
S1('0%C&4.#+"#X&(#4$#)J1(1&%L&"#(0%C&.*D# &`L&'"#$1&(%+81&%'"#.1&'?&0%L&(#'&?
?4%"$19*&*&%4#(01X&)1%D#&4%L1'(1&/#&9$L'0*&"1$1(


&x &z&ty X&s 
 &zº  & &l
 && &  &q &7AX& 

b&H#.%<*&`&/(#P18?&*D1(#&F;%'(#F&M.#'(*0&\1D&=?/15#&IX&@@X&7&UD#&*&L$?C*V
"?D#P18#&O1L(%&X&L#'1&*D1&EFGHBHIJK%L(%'*&(#&D1'"%&4$*&?+Q?&;%'(1X&51$&51&%9*P(%&L#
'"#(*<1&(#&?+Q?&$10#&(%'1&8*V%)%&*D1&!$&b&H#.%<*X&I 
 
&z
&I
„º&&~ y &,X&7i&»&¼  X&~
& 

&  
&&l
 &r
&77X&i&
K?.*QX&M.#'&†~aX&AAX&,6&=1>?"*D&l
&%LC%)#$#&4$1&;%'?"?&!$&3&!0%0#X&m  &‚º

&r   &^^I^X&76X& 6&K?.*Q&5X&'4&LX&?4%/%$*%&*&(#&*D1(#&l

 &E)#$%+&9.*/?
h1+#GX&l

&E?&3#(%(*5*&*&!$1D?G&R&=#51$&*/)%L*&*D1&;%'(1&%L&%'(%)1&(&E*(L%1)$
(/ G&0&%/(#P#)#&"10?Q?&)%L?&ƒ
 &
 &^~IIX&AA X& 6@

&„& 
X&a 
  &m  º & &l
 &&  &x &u
 
„  & &… &&l &… &7X&2 i&x &»&¼  X&x
& 
  &s & 
l
 && & y &€ 
 ‚&
&  u&s „

&IaX&7X&

&ty X&'4&LX&2 22

&…&v 
X&„& 
X&z&z  X&x & 
&q &&l &I&… &@2i&II&@@

&½ 
 & & &t
&… &2X&,,
 
&3&-$#C*P1)*Q&T#.#/*+"1&*/&(1%.*"*P0%C&L%9#&(#&B$#J1)*(#D#&0%L&T)C&e1V1$#
M.#'(*0&\1D&=?/15#X&I^X&@6X&,6&\&%$(#D1("1&4%'?L#&'$&%)L1&'.&A,&'#&9?"D*$'0*D
L1.%D&IIX&"#9&^&i&^I&,X&X&X& 


&M.#'(*0&\1D&=?/15#&^aIIIX&7,X& A 
 
&x &»&¼  X&r & y‡ˆ&& 
&
 &&x&t  &M.#'(*0&\1D
=?/15&^aIIIX&  ,i&^^aIX& 622&†&„&l'*QX&!"#$*(#$&IX&7,X&,2
 
&!"#$*(#$&IX&AX&@

&„&=#(L*QX&M.#'(*0&\1D&=?/15#&^^^I^X&6X&72

&x &„&„&a


X&x & 
&q &w  &l 
 &7&U'"*X&3$*.%/*&0#


 

 AA
$1+#)#8?&"$%5#('0*V&4$%9.1D#&M.#'&~^^X&7,&l &~
&m  &  &m   
¾ 
u&^aIIIX&@@X&7A &†&a
 & &  ‡& 
&IIIX&@@X& 6i&„& 
X
½ 
 X&@,

&x &„&„X&x & & &I &wX&l &7 X&@22

&†&„&…

X&x &  
  &t  &l &7 X&"#9&IIIX&'.&6X&"#9&Ia&.&A&&l
I&"#9&aII&'.&@i&…&"#9&aIII&'.&2l&IX&"#9&a&'.&6

&„&K#'*QX&!"#$*(#$&IIIX&7@X&6@AX&H*4&9?"D*$'01&/L1.*<1X&)1$%)#"(%&S$")1(1X&
P1"*$*&(%C1X&0%5#&&4%&')%5&4$*.*<*X&*D*"#<*5#&S*)%"*81X&*D#&4#$#.1.?&?&K*(P*&*&?
Y#0D#(*D#X&?&'1)1$(%5&H1'#.*5*&I X&'"$&72X&'.& i&…¼
X&r 
 &¼

 
† &X& 6&W&H$?V1.0#&4%C$1+(%&D*'.*X&L#&'?&"#0)1&4%'?L1&*D*"#<*5#&L$)1"#X&F5

&&¿ && && &  &  &
&& F&t  & &l
&
  && 
 ¿& &q & X&AX& 2&l &IIX&"#9&aII&'.&6

&½ 
 &p 
&q 

 &72X&A &†&w&xÀ X&„ &š À  &IX&r

7@X&A,AX&0%5*&*D#&L$?0P*5#&'V)#"#8#
 
&„&K#'*QX&M.#'&~^^X&7AX&,AX&@&`(&51&"?&L#%&*&%)#5&$#/.%C&F\#&L#"*$#81&;?"D*$#
?&4%/(*51&(1%.*"'0%&L%9#&5%+&)1QD#&C%)%$*&"#&%0%.(%'"X&+"%&'1&*&"#0%&4%/(*&%$(#D1("#.(*
D%"*)*X&0#%&+"%&51&"10?Q#&'4*$#.#X&(#.#/1&'#D%&?&4$)%5&E(#5L?9J%5G&"$1Q*(*&"#D%+81C&'.%5#i
#&"%&L$?C*D&$1P*D#&/(#P*X&L#&P#0&*&0#L&9*'D%&'D1.*&"10?Q1&'4*$#.1&L#"*$#"*&?&(1%.*"'0%
L%9#X&"%&9*'D%&'&"%C#&'#D%&(#5L?9J?&"$1Q*(?&'.%5#&*D#.*&4$*4*'*)#"*&(1%.*"'0%D&L%9?X&
%91&%'"#.1&EC%$81G&"$1Q*(1&)1Q&D1"#.(%D&L%9?F&F&*/)1'(*D&0%D#L*D#X&0&+"%&51&(4$&%(#5
l &IIX&¼‚&^IX&Á&AX&0&L#&'1&L#51&?")$L*"*&*&?4%"$19#&4%/(#"1&Fz 
 F&&*.*
Fq  F&&"1V(*01X&0&51&0#$#0"1$*'"*P(#&/#&Fv
 F&D1"#.(%C#&L%9#F&I X&@@&H1
$#/.%C1&K#'*Q&&4%'.1&(#$%P*"%&$#/)*%&?&P.#(<*D#&> 
%&?&\9%$(*0?&;
3%4%)*Q#X&;1%C$#LX&X&2A,X&*&~&FÀ 

F&&l X&'14&%"&*/&t
 &r# Ã
 ‚&x &…&x   y&†&*&81C%)%&4%'.1L81&D*+J181&?&L1.?&3$1*'"%$*'0#&K*(P#
IIX&;1%C$#L&A,X&62X&@@


&†&&"%D'.*P(%&D*+J181&l&M%$L%(&_#5.L#X&!"#$*(#$&Ia&@X& @X&2i&*&?&81C%)%D&L1.?
¼&x & & 
 &Ä‚ &X&,@&*&L&U&%(&D*'.*X&L#51&1C15'0#&0?."?$#&D%C.#
L%4$1"*&L%&;?"D*$#&O#L$#('0*D&=%$1D&*&T1$1")%D&=1>?"*D&?&*'"%D&L1.?X&&4%'19(%&(#&'"$
6X&%(&4$1"4%'"#)J#&+*$181&(#5'"#$*51&)*(P#('01&<*)*.*/#<*51&(1&'#D%&?&L%.*(?&„)X
(1C%&*&?&;%'(?
 
&\#(*DJ*)%&5&/#&%)%&4*"#81&*&'"#$%X&0%L&!"$#9%(#&%P?)#(%X&4$*P#81X&L#&'1&*/&-?(#)#
D%C.%&)%L1(*D&4?"1D&*/9*"*&(#&O#L$#(&`(%&9*&D%C.%&L)%51&G&L#&'?&'"#$*&D%$14.%)<*&*
4?"(*<*&L%*'"#X&9#$&L%(10.1X&*+.*&*/&-?(#)#&!#)%D&*&)*L1.*&L#&81(&"%0&4%P*81&L#.10%&(#
/#4#L?i&#.*&)&9*&D%C.%&*'"%"0X&C%)%$*"*&*&G/#&"%X&L#&%(*&(*'?&*+.*&!#)*(*D&"%0%D&L%
0$#5#X&51$&9*X&%(L#&9*.%&(1D%C?Q(%&'")#$#81&"1&.1C1(L1&³§&™ž­& ­&·•Š”•­&F«¦Š¡•&ž­&Š•˜¬
”ž¢œŽ•˜&F«¦Š¡•˜&Š­&­¡›­&›•Š&­¹œŽŽž &ž ­’&Š•­& ©™¡§&ō¦§&q  
&s  X&&m
„ &I&,7X&62&¼&!"$#9%(X&0%5*&9%J1&/(#&'")#$*X&(#$#)(%X&*'4$#)J#&I &6 2
 
&-$&O%/%&31"$%)*QX&M.#'(*0&\1D&=?/15#X&^^^aIIX&2X&A6 7i&-&„&=#(L*QX& X
^^^I^!&6X&72

&†&q X&x
&
&Ä & &&m‚Æ& &t
&r Æ

&€ ‚
 ‚
IX&7X&2&q&z
X&t  X&m
 && ‚& &I &l &AX&@7

&„& 
X&x & 
&q &&l &IIX& ,&„&K#'*QX&!"#$*(#$X&IaX&@

&„X&'4&LX& &`$(#D1("&'4*$#.1&&5#)J#&?&0#D1(%&L%9#&*&(#&L$?C*D&4$1LD1"*D#X&0
(4$&(#&D#.*D&4.%)#'"*D&0?C.#D#&?&e0%"'0%5&*&"%&)#($1L(%&.14*D&$#L%D&E&v&„ X
r 
 &q &p   &&~&@X&N*C&6@G&*.*&(#&41("#L1$*D#X&?&;?C#$'0%5
EU/)'"*{&(#&9}.C#$'0%"%&#$V&L$?S1'")%&IaX&2X&2G


 

 A

&m  &l &&~ y &A2X&,2&*&L&!$&%&9?"D*$'0%5&0?."?$*&;&O#(0?.%)#
F3$1*'"%$*'0%&L%9#&K%5)%L*(1F&M.#'(*0&U'"%$*'0%C&L$?+")#&?&T&!#L?&aIIX&A X&22

&x &»&¼  X&r 
 
 & y &&l
 & &   &M.#'(*0\1D&=?/15#&^aIIIX
7,X&67&x &w&l ‡ X&ƒÇ &  & &
& 
& &q  & &

 
y &a
 & & & ‡&aIX&7X&A&*&L

&x &»&¼  X&r 

 & y &M.#'(*&\1D&=?/15#&^I^X&76X&26,&!$&M.#'(*0
\1D&=?/15#&IaX&@X&@7AX&CL1&51& &&9#0#$(%D&(#.#/?&*/&"1+#8'0%C&0%"#$#&!$
…


‚ &„  &IX&@AX&A26
 
&M.#'(*0&\1D&=?/15#&^^aIX& X&67&;&O#(0?.%)X&'4&LX&aIIIX&A2X&@,X&D*'.*&/#
9#0#$(1&4$1LD1"1&?&;%'(*X&!.#)%(*5*&*&!$1D?X&L#&'?&?(1'1(*&'&*'"%0#X&&4%'19(%&9#0#$(1
"1V(*01&L#&51&'#&;*0C%$5#


&l&W?$P*Q&?&M.#'(*0?&\1D&=?/15#&^^X&7@X&A6@A@7
 
&o&o*#.#X&3$1L*'"%$*'0*&(#.#/*&(#&!%9?(#$?&0%L&†5)&M.#'(*0&\1D&=?/15#&IIX&@7X
7i&IIIX&@X& @  A&O& 

&
 &&x  & &&q &s 
 
€&„&aIX&@ X&76 7X&aIIX&@2X&AA7i&aIIIX&@,X&676&a&» ¿ ˆX&r 
 ¿& 
&q &s 
 &€&„^^X&A,AA@&†&:1$(1'%)?&½ 
 X&A 7i&¼&x X& A X
CL1&'1&(#$%P*"%&?0#/?51&(#&4%L?L#$#8#&"*4%)#&"%C#&(#.#/*+"#&'#&L$?C*D#
 

&„  &IX&A,@&†&l&Y#L*D'0*X&3$1V*'"%$*P0#&(#.#/*+"#&†)


@X&X&'&(1"#P(%D&4%'"#)0%D

&r&z  X&r   &ˆ &&l
 &M.#'(*0&\&=&IaX&@

&l&W?$P*QX&M$#L*(#&(#&)$1.?&Y#D1&M.#'(*0&\1D&=?/15#&^IIX&77&@&»&¼  X
X&^^aIX&6@7&3$%/%$'0*&'$1/&&L%'"#&9%C#"&4$1LD1"*D#&9$%(/#(%C&L%9#&†&(#.#'01&0%L
3%(*$#X&M.#'(*0&\1D&=?/15#X&aX&@AX&AA

&†&r
X&…


‚ &„  &IaX& ,@

&M.#'(*0&\1D&=?/15#&aIX&@ X& 22

&I X&,@A,

&»&¼  X&…

&„  &IX&A2@&T1L#)(%&&?&;$1/%)%D&3%J?&S14#P0%C&'$1/#


(#>1(%&51L(%&9$%(/#(%&'0.#L*+"1&'#&,&01."%)#&*&A&0%4J#&M.#'(*0&\1D&=?/15#X&^~IIIX&AX

 
&l&Y#L*D'0*&*&l&W?$P*QX&M.#'(*0&\1D&=?/15#X&aX&A@i&aIIX&A7AA2X& @A2 i&^^X
 6


&»&¼  X&t  & &6 
 


‚ &„  X&aX&@6X&76X&
 
&`4+*$(*&*/)1+"#5*&W&H$1.01X&M.#'(*0&\1D&=?/15#X&^III&^aIIIX&7,X&^^aIX& X
*&L$#&=&=#(L*Q#X& X&^~IX&X&AA

&a&» ¿ ˆX&vy&r‚ &&x&x & &l
 &p Æy&‚&y&l&^I^&
€ 
 ‚&‚º &u
  
&a 
&… &A

&†&l&W?$P*QX&b%(P#$'")%&?&`$?9*<*&(#&†)*&M.#'(*0&\1D&=?/15#X&^^IIX&7X&2 7

&W&H$?V1.0#X&M.#'(*0\1D&=?/15#&^IIIX&7X&@,6

&x &I&l ‡ X&a
 & & & ‡&IaX&77X& 22@

&M.#'(*0&\1D&=?/15#&^aIIIX&@

&W&H$?V1.0#X&M.#'(*0&\1D&=?/15#&^I^X&76X&,62


 

 A2
 
&»&¼  X&w& ¿& y& & & y&a &„‡&s 
 &€&„y
^^aX&AX&A2AA2


&M.#'(*0&\1D&=?/15#&^~IIIX&2X& 2
 
&l&W?$P*QX&M.#'(*0&\1D&=?/15#&^^X&66@A
 
&`&8%5&)$.%&D(%C%&??4%$1L(%D&(#.#/?&t&_1$D#0#X&q  
 & &&&p &r X
@@
 
&a&» ¿ ˆX&r y & ¿& & 
& &  ¿
& ¿& &&l&s 
 &€&„
^^X&667
 
&U/)1+"#5*&W&H$?V1.01X&c&!"$#"*D*$%)*Q#&*&o&o*5#.1&'&4$*D1L9#D#&„&:1$(1'#X
…


‚ &„  &IX&@AX&,,@i&I&@2X&AA@i&IaX&@,X&AAi&aX&A@i&M.#'(*0
\1D&=?/15#X&^^aIX&772
 
&H$?V1.0#X&t  & X&7X&*&L$?C*&4%&81D?&L#5?&9$%5&%L&7777&K&W?$P*Q&C#&
*'4$#)*%&?& 2777&C%D*.#&Iy& 
 &l
& &  &q X&AX& 
 
&U.*5#L#X&aIX&'"& ,i&aIIX&'"&AA 6
 
&x &w&l ‡ X&a
 & & X& ‡&Ia&@77X&267
 
&&%'(%)?&51L(1&)$'"1&N*9?.#&'#&)1.*0*D&.?0%DX&/#)%51D&/#&*C.?&*&%$(#D1("*'#(*D
"$%0?"%D&/#&0%4P?X&0%5?&5&(#54$1&%C.#'*%&0#%&4$1"'"#)(*<?&C$P0%C&"*4#&E…

&„

X&@ X&'.
9$&6GX&&4%'.1&0#)0#'0%C&Et  & X&7X&'.&9$&@&*&@2GX&W&H$?V1.0#&&4%L$S#)#%
"1%$*5?X&L#&'?&U.*$*&L%+.*&'&B#)0#/#X&!$&*&!"#$*(#$&IX&AX&X&C.1&?4%/%$#)#&5%+&(#
'.*P(%'"&C.#'*(#P0*V&C%D*.#&'&0#)0#'0*D&D%C*.#D#
 
&!$&$#'4$#)?&L$#&M&)0X&~&y  & &x  &R$V*)
&#$9#(#'0?&'"#$*(?&IaX
X&6@&`(&L$S*&L#&'?&(%'*%<*&V#.+"#"'01&0?."?$1&(10*&(#$%L&'#&'1)1$#X&*&"%&(1
U.*$*X&*.*&9#$&(1&U.*$*&0%51&*/9.*S1&4%/(#51D%&%L&Ia&)10#&4$1&:$&!$&4$%"*)&"%C#
D*+J181&=&;?L*D*$#&w&
 &¿

&IIIX&A6X&


&½ 
 X&2 
 
&¼  X&t  & X&7


&!"#$*(#$X&IaX&@X&A22A



 &&a  & &s &~ y &A,X&@


&…&v 
X&…


‚ &„  IX&22,7


&z&z  X&s 
 &€&„y&I^X&,7i&L$&=&=#(L*QX& X&^^^IIIIaX&X&@


&z&z  X&…


‚ &„  X&aIX&@X&,@i&»&¼  X&s 
 &€
„yX&^^aIX&


&-&„&=#(L*QX&M.#'(*0\1D&=?/15#&^~IIIX&AX& 


&…&v 
X&…


‚ &„  &IIIX&@2X&A@


&»&¼  X&s 
 &€&„y&^IX&@X&AAA2i&^^aI&A,



&a&» ¿ ˆX&…


‚ &„  X&aIIX&77X&2@i&Iy 
 X&22@i&»
¼  X&t  & X&2,@


&¼&c%$>1)*QX&M%L*+8*<#&^~aIIIX&AX&26@
 
&W&H$?V1.0#XM.#'(*0&\1D&=?/15#&^^IX&7X& @
 
&a&‚  X&r 
 
&  &&q & &s
 ˆ&a
 & & & ‡&aIIIX
72X&A7A


 

 A,
 
&†&„&„&K#'*QX&j?"%&;$L%X&!"#$*(#$&IIX&76i&aaIX&7&„&:1$(1'&'"#)J#&j?"%
;$L%&?&9$%(/#(%&L%9#&½ 
 X& 7
 
&x &„& 
X&¼ À
 &š 
&š & À&&q  &r
&77&H$?V1.0#&D*'.*&(#&?)%/X
4%+"%&'1&(#.#/*+"1&M$#L#<&(#.#/*&9.*/?&D%$#&t  & X&2
 
&W&H$?V1.0#X&M.#'(*0&\1D&=?/15#&^^IX& 7
 
&½ 
 X&A 7
 
&M.#'&†&t&R0#L1D*51&~^^X&7,X&@A
 
&M.#'&~^^^aIX&X&,


&!"#$*(#$&IX&AX&A,
 
ƒ &q &AX&A
 
&!4&LX&,@6&!$&l&m&:1$".*5#X&m È &X&A7i&s&zÉ 
X&~
&  É 

 
 
&r
&A2X&6&*&L
 
&x & &¼  &IX&… &@AX&A,X&A7 X&A 7X& 6
 
&„&l  X&v&
&À
&   È
&IIX&A,X&22&-#(#'&'1&?/*D#&(#&)*+1
'"$#(#X&L#&'?&)1/1&H$%51&'#&=#Q1L%(*5%D&*&H1'#.*5%D&(1'?D8*)1X&*&L#&*V&51&9*.%&*&'#
H$#P#(*D#&!$&~
&  É 
& 
 
X& 2
 
&p   & & &s
 & & 
&q &su &@,
 
&M.#'(*0&\1D&=?/15#&^aIIIX& ,A6&†&x &s&ty X&l  Æ&y &t  
 &
¼  &q &,X&A
 
&s&€  X&x & u
&
‚& &I  &
&‚&m

&~ y &@66X&6
 
&†&r
X&

&… & &t
&&& &m &IX&x & y & 
&
y&… &X& 7&&K?.*Q&%L9*5#&"$#P0%&4%$10.%&=#(*5#&M.#'&†^IaX&2X&6
 
&…  & Æ

&€ 
 ‚&I^X&X&@2&5%+&4%L$%9(*51&?&M.#'?&†^^IX&,X&7
†&'.*P(%&C.1L*+"1&T&w X&
 &
&v 
&IX&l 
&A6X&AA


&R$V*)&/#&#$9#(#'0?&'"#$*(?X&51/*0&*&1"(%.%C*5?&IX&AX&
 
&I X&IIX& X&2,&!$&5?S(%'.%)1('0*&N*.%.%C&IIX&X&2@
 
&†&81C%)?&9*9.*%C$#N*5?X&R$V*)&#$9#(#'0*&IIX&2X&,A&†&%&"%D4*"#8?X&m
¼   X&q & & &
 &  X&*'"*&R$V*)&IIIX&,

&†&„º  
X&z &
  &  &IIIX&2A

&~&y  & &x  X&@26&†&…&¼
X&x & &¼  &IX&… &@AX&A,&
K?.*QX&%L9#<?5?Q*&(%)1&N*.%.%+01&"1%$*51X&%'"#51&4$*&D*+J18?&L#&'?&-#$L#(<*&U.*$*
M.#'&†~aX&,A6,

&†&;&:$%/(%C&'"?L*5?&~&  &m  & À  &IIIX&X&AX&62&3&B$1PD1$#X
v&
&À
&   È
&IIX&A2X& @&†&a&r
 X&q &
 & 
 & & 
 &v&AA

&m  &l &&~ y &A2X&6

&†&&8*D#&(%)*5?&.*"1$#"?$?&'&*'<$4(*D&$1N1$#"%D&0%L`=1(C*(#X&q y
 
 &„  &&m  
&s

‚& &… X&,6X&AA A&Ä&V*'"%$*'0*D
C$#(*<#D#&U.*$*51&'$&„&l  X&x
&x 
&… &7,X&IX&2@&†&*&3&B$1PD1$#
p   X& @A&†&q X&x &½   &m  & & 

&m &A6

&m 
 &m  &IX&7&„&B?/D*Q&(#.#/*&/#&U.*$1&%)%&(1)1$%)#"(%&"?D#P181&*..?$#X&
&&F &&
 &y
&
&y& & &
  F&=77&'?X&4$1D#&"%DX&J?L*&?


 

 A6
%")%$*D#&*.*&5#D#$*&ƒ
 &
 &^~X&77
 
&3&!0%0X&R.9#('0*&#$V*)X&IX&2X&,


†&r
X&x &w&…


‚ &„  &aIX&@X&2 @,i&aIIX&77X&AA,
 
&&K?.*QX&M.#'&†^IaX&2X&6A
 
&p&¼ X&IX&A 6

&R.9#('0*&R$V*)&IIX& 72&\&*D1&C&'$&m&„X&ƒ
 &
 &^~X& 7

&†&&K?.*Q#X&M.#'&†^IaX&6 2X&0%5*&"%'"#$%&0#/*)#81&'D#"$#&'&L%'"#&$#/.%C#&0#%
.1C1(L?

&&K?.*QX&M.#'&†~aX&AAX&,

&I X&@

&„& 
X&vu
&m  º & &l
 && &  X& &†&„&;?L*D*$#X
v& &
&À
&   È
&IIIX&A@X&,

&t&t À X&a& &q& &I   ‚
&v&    &
&À

  È
&IIX&A,X&AA7&Ä&*.*$'0*D&4.1D1(*D#&'$&/#'"#$1.?X&#.*&5%+&0%$*'(?&$#L8?&K
H%D#+10#X&x &

&¼  & &l
X& y X&† &s &… &@@7
 
&t&r
X&€ & 
 & & ¿ &
 &*& &&y&yX&q &2X&,6


&M.#'(*0\1D&=?/15#&aIX&@ X&,6&†&"%*&L$?C1&4$*D1$1&0%L&3#P#X&


… X&@
 
&r
X&€ X&6&*&'.&9$& &*&2&B#0%&&0%L&(#'&0$%/&%.#01&(%)*(#$'01&P.#(01&?).#P1
(#%4#0#&/(#8#X&)$1L*&*'"#Q*&L#&'?&(1L#)(%X&?&51L(%D&P.#(0?&
&9$&@22X&AX&%L
(10%C&„&t&-#%$/*&%C.#+1(*&/#&'.%)1('0%&4.1D1
 
&l&!0#$*QX&M.#'(*0&\1D&=?/15#&^~IaX&AX&2



‚ &„  &^IIX&X&@A

&M.#'(*0&\1D&=?/15#&^^X& A2

&

&… X&@6X&&M$P0*&?"*<#5&4$10%&D%$#&(#&?(?"$#+8%'"&;%'(1&*
:1$<1C%)*(1&4$*0#/*)#%&&l&W?$P*Q&?&')%D&4%4?.#$(%D&#.*&(1L%)%J(%&4$%?P1(%D&P.#(0?
x & 

&m   & & 
   &€ &l

&r
X&9$& X&7@

†&r
X&€ &s
 &&¼  &&ƒ &Eq ‚& &l 

&aG
… &76&

&… X&,A@6&3&B$1PD1$&51&?4%/%$*%&(#&*.*$'0%&4.1D1&?
[D9$*5*&1
.&5&51&'"#(%)#.%&%0%&$0&LHMH&B%$1(&51&%P1)*L(%&*'"*&0#%&*&0%L&T#$%(1
z

 ‚&m&lyy   &su &X&A 

&†&&K?.*Q#X&B1."*&?&(#+%5&/1DJ*&M.#'&†^^IX&,X&6A@&`&R?"#$*5#"*D#&'$&l
H%D#+10#X&x & &¼  &IX&@@

&M.#'(*0&\1D&=?/15#&^IaX&7X&A7
 
&p&„ &IX&@ &†&t&`+"*$#X&p &IIIX&X&@6&*&L


&M.#'(*0&\1D&=?/15#&^IIIX&7X&A2A@
 
s&€  X&x & u
&
‚& &I  &~ y &@66X& A,i&m&r   X&~&ÈÊ
 &r
&A7X&,A 
 
&B%L&H1%4%D4#&!&㼠 
X&z &
  &  &IX&@ 

&†&„º  
X&z &
  &  &IIIX& 2@

&O*$1P10Y#L%(*QX&U'"%$*5#&!$9#X&IX&


 

 A@

T*51&(*D#.%&'*C?$(%&L#&*D1&B#"%(&%/(#P#)#& 
X&F).#L#$FX&F4%+"%&C#&(1&(%'1&'#D%
0(1S1)*F&!$&:&;#$*QX&R.9&R$V*)X&IIX&2,&!$&3&B$1PD1$#X&p   X& ,

vu
&m  º & &l
 && &  X&7&…&¼
0X&x &


¼  & &l
& y X&† &s X&… &@@7X&

&r&qX&q & y&
&
 &s 
 &€&„yX&^^I^X&6X&6 A&;1/
)$1L(%'"*&51&'"?L*5#&W&H$?V1.01X&~
& 

&  
&&l
 X&r
&77&Y#/.*P*"1&51
)$1L(%'"*&P.#(#0&b&H#.%<*5#X&x &½ 
 &
&I   
&‚&&s &l
 

I 
 
&z
X&IX&„º&&~ y &,&†&†&r
X&


… X&6


&„ &IX&7
 
&M.#'(*0&\1D&=?/15#&^~aIIX&A2X&7i&^~aIIIX&A,X&@


&!4&LX&6
 
&l  & &   &&
 & &2X&'14&%"


 

 A

  

U"#.'0*&4$1LD1"*X&0%5*&'?&L%(%+1(*&?&4$1V*'"%$*'0%&L%9#&"$C%)#P0*D&*&L%<(*51&)%5(*P0*D
4$%D1"%DX&)$.%&'?&P1'"*&(#&9%'#('0%D&4%L$?P5?&T101&'D%&)1Q&'4%D*8#.*&4$*0#/?5?Q*&$#/(#
(#'1J#i&%L&L$?C*V&Q1D%X&4$*D1$#&$#L*X&?4%/%$*"*&(#&(#50#$#0"1$*'"*P(*51&[&C%$*P0%D
0$1D#"%$*5?&?4#.1&'?&?&%P*&N*9?.1&5?S(%*"#.'0%C&"*4#&E(4$X&‚  &&  GX&'#&A
0%D#L%D&'#D%&51L(1&)$'"1 &o*9?.1&41+*51$'0%C&%9.*0#&EF‚  && & &  FG&(#>1(1
'?&?&-%8%5&-%.*(*&*&?&)*+1&4$*D1$#0#&(#&M.#'*(<?i&P1$"%+01&(#&M.#'*(<?X&?&3$*"%<*&*
!#('0%D&=%'"?&[&%)%D&4%'.1L81D&D1'"?&%P?)#(#&51&*&51L(#&)$.%&?0?'(%&%$(#D1("*'#(#
4%'?L#&?&%9.*0?&'0*N%'#X&0%5#&51&1"$?$'01&4$%)1(*1(<*51&\#&L%'"#&$#(*&'#%9$#Q#5&(#+*V
/1D#J#&'&4%D%$<*D#&O#L$#('0%C&*&!$1L%/1D(%C&=%$#&')1L%P1&*&(?D*/D#"*P0*&(#.#/*&3%$1L
91/%9.*P(1&9$%(/1X&
& X&?&(#+1&51&/1DJ1&L%4$.%&D(%C%&'*C(*$#(*V&*"#.'0*V&#'%)#&*X
%'*D&"%C#X&D(%C%&(%)<#X&(1&'#D%&$#(*51C&$*D'0%C&*&'*<*.'0%CX&(1C%&*&4$*.*P#(&9$%5
#N$*0#('0%CX&0#$"#+0%C&*&(?D*L'0%C
Y#/?DJ*)%&51&'&"%C#X&L#&51&?C$%S#)#81&4$*.*P(%&$#/)*51(1&$*D'01&"$C%)*(1&*&(#4#L#81&(#
$*D'01&4$*5#"1J1&L%)1.%&L%&4$%"1'"#&'&8*V%)1&'"$#(1&M%L&&4%'.#"%&51&*.*$'0%5
).#L#$<*&H1?"*&51L(%&$*D'0%&*/#'.#('")%X&L#&'1&4%"?S*&$#L*&"%C#&U/#'.#('")%&51&/#"10.%
*.*$'0?&).#L#$0?&4$*&4%'1L#8?&K*'#&Y*D'0*&4%'.#(*<*&?/1.*&'?&4$1D#&?L%)%5&H1?"*
4$1"1Q*&*&(#LD1(&'"#)X&$#L*&P1C#&51&%(#X&$#SJ?Q1(#X&(#$1L*.#&L#&'1&(#&4%)$#"0?&?9*51&%(#5X
0%5*&'1&?'?L*%&$1Q*X&0#0%&Q1&Y*D&)1Q&(#"1$#"*&U.*$1&L#&*/D1(1&')%51&%9*P#51&H%&?9*'")%&9*
4%)%L&/#&%95#)?&$#"#&%L&'"$#(1&Y*DJ#(#&H1?"*(#&'(#C#&(*51&9*.#&L%$#'.#&/#&"#0)?&9%$9?
`'1Q#5?Q*&%4#'(%'"&*&/9%C&*/L#51&M$0#&-*D*"$*5#X&C%'4%L#$#&N#$'0%CX&0%5*&5%5&51&9*%&51L#(&%L
C.#)(*V&J?L*X&*&/9%C&4$*.#'0#&Y*DJ#(*D#&(10*V&*.*$'0*V&4.1D1(#X&*&/9%C&4%C*9*51&')%C
'#)1/(*0#&D#Q1L%('0%C&).#L#$#&-*D*"$*5#&IIX&H1?"#&'1X&4%'.1&(1?'41V#&?&9%$9#D#X&'0.%(*&?
")$L*&Y*'#(X&L%0&'?&Y*DJ#(*&%')%5*.*&(#&5?C?&B$NX&R4%.%(*5?&*&-$#P&*&'#&N.%"%D
4.1(*.*&%'"#.%&3$*D%$51&U.*$'0#&N.%"#X&'.#9*5#&%L&$*D'01X&4%91S1&?&0.*'?$1&%0%&T1$1")1
R.*&0#L&51&51L#(&$*D'0*&%L$1LX&*'0$<#)+*&'1X&4%0?+#%&(#4#L#5&*&(#&0%4(?X&9*%&51&'&"1+0*D
C?9*<*D#&'?/9*51(&*&D%$#%&'1&(#C.%&4%)?Q*&(#&.#>1&[&4$%.1Q1&*L?Q1&C%L*(1X&)*L1Q*&L#
Y*DJ#(*&D*'.1&(#'"#)*"*&$#"X&H1?"#&51&4%(?L*.#&D*$&*&4$*'"#.#&(#&)$.%&"1+01&?'.%)1&L#
4.#Q#&L#(#0X&L#&?'"?4*&)1Q*&L1%&/1DJ1&E5?S(*&L1%&*&L#.D#"*('01&%"%01G&*&L#&'1&%9#)1S1X&L#
81(*&U.*$*&(1Q1&4$10%&h1+#&L#J1&4.%)*"*&(1C%&'#&L)1&*&"%&(1(#%$?S#(1&.#>1&Y*DJ#(*
(*'?&*D#.1&)1$1&?&*.*$'0?&).#L#$0?&*&/#&(%)%C&).#L#$#&4$%"*)&81&4%'"#)*+1&*/L#5(*0#
-*D*"$*5#X&0%5*&'1&%9#)1/#%&(#&'.*P(1&?'.%)1&[(?"$#+8#&9%$9#X&L$S#.*&'?&%(*X
%'.#9*Q1&U.*$1&"%.*0%X&L#&(1Q1&)*+1&9*"*&'4%'%9(*&(*&/#&0#0)?&)1Q?&#0<*5?&R.*&.?0#)*
M$0&?L1'*%&51&L$?0P*51&U/#&).#L#$#&RC$%(#&9*%&51&%'"#%&'*(&3*(1'X&D#.%.1"#(X&0%D1&51
H1?"#X&*#0%&(1&$%>1(#&D#50#X&9*.#&"?"%$&3%'.1&')%C&4%$#/#&H1?"#&51&9$/%&?D$.#X&#&M$0&51&?/1%
/#&S1(?&3*(1'%)?&D#50?&*&"?"%$'")%&(#L&L1"1"%D&H#0%&51&'0%$%&P*"#)#&RC$%(%)#&*.*$'0#
L$S#)#&L%+.#&4%L&81C%)?&).#'"&U'0%$*+Q#)#5?Q*&$*D'0?&/#?/1"%'"&'#&B1."*D#&*&'#
B#$"#C%DX&0%5#&Q1&L%)1'"*&L%&L$?C%C&3?('0%C&Y#"#X&%(&'1&4%"4?(%&%LD1"(?%&%L&8*V%)1&).#'"*
*&%9(%)*%&'"#$1&C$#(*<1&*.*$'01&L$S#)1&M?'#$*&'&81C%)#&4%L$?P5#X&'&8*D&'#D*DX&L%4*$?
P#0&L%&B*0.#L#X&(#'"#)J#5?Q*&'"#$*&/#(#"&*&4%&RV#5*&T%)*&$#"&'&Y*D%DX&0%5*&$#L*&"%C&*/9*
&C%LX&*'4#%&51&*&%41"&4%&U.*$1&(1C#"*)(%&!#D&4%$#S1(*&*&4%"*'(?"*&-*D*"$*51&'4#'#%
'1&0%L&D#Q1L%('0%C&0$#J#&o*.*4#X&#&5?S(*&L1%&%9(%)J1(1&U.*$*51&L%>1&4%(%)%&4%L
Y*DJ#(1&R.*&%)*&'1&(1&D%C%+1&L?C%&/#L$S#"*&(#&*.*$'0%D&4*"#8?&H1&C%L*(1&4#%&51&!#C?("
*&:#(*9#.&51&4%'"#%&/#&8*V&D(%C%&(14%'$1L(*5#&%4#'(%'"&Y#L*&"%C#X&%(*&'1&/#L%)%J#)#5?&"*D
5?S(*D&L1.%D&U.*$*51&*&')$C(?Q1D&-*D*"$*51)*DX&#&/#&).#L#$#&4$*/(#5?&3*(1'#&*&81C%)#
'$%L(*0#&!01$L*.1L#'#&0#%&"?"%$#X&0%5*&(#'0%$%&4%'"#51&*&4$#)*&).#L#.#<
:#(*9#.%)&?4#L&?&U"#.*5?&*&81C%)*&"#D%+8*&?'41'*&+"1"*.*&'?X&'#')*D&4$*$%L(%X&$*D'0%D
?C.1L?&(#&O#L$#(?&=#Q1L%('0*&0$#J&o*.*4&(#+#%&51&L#&51&"%&(#5/C%L(*5*&P#'X&L#&Y*DJ#(1
4%"4?(%&4%"*'(1&'&*'"%P(1&%9#.1&*&?.#/*&'&"%C#&?&'#)1/&'&:#(*9#.%D&K1+"*&M$0X&-*D*"$*51X
0%5*&'1&'4#'#%&0%L&81C#X&?L1+#)#&')1&L#&4%D%Q?&D#Q1L%('0%D&L%>1&L%&')%C&'"#$%C&4%.%S#5#&*


 

 7
L$S#)1&!01$L*.1L#'X&(*D#.%&L*4.%D#"#X&L$S*&'1&?&C.#)(%D&Y*DJ#(#X&P*5?&51&'(#C?&)*L1%
L)#&4?"#X&4%P*81&(14$*5#"1J'")#&4$%"*)&o*.*4#X&#&(#'"#)J#&?51L(%&'"#$#&P1"%)#8#&*
C?'#$18#&B#0%&51&o*.*4&9*%&D%Q(*5*X&(#'0%$%&'?&=#Q1L%(<*&%')%5*.*&P*"#)&*.*$'0*&0$#5&%L
`V$*L#&L%&d1"*(1X&*/?/*D#5?Q*&'#D%&4$*D%$'0#&D1'"#X&0%5#&51&9$#(*.#&$*D'0#&N.%"#
!01$L*.1L#'&*&81C%)&'*(&3.1?$#"X&0%5*&C#&51&(#'.1L*%X&4%)?0.*&'?&'1&?&?(?"$#+8%'"X&?&')%51
"1+0%&4$*'"?4#P(1&4.#(*(1&Y*D&*V&')1&L%&')$+1"0#&3?('0%C&Y#"#&(*51&D%C#%&L#&/#+"*"*X&*
"10&6&C%L&4$1&:$X&9*&o*.*4&4$*'*J1(X&L#&4%)$#"*&Y*DJ#(*D#&')1&+"%&51&%L&U.*$#&9*%
%')%5*%&`)*&'?&"%&)1Q*D&L1.%D&?'"?4*.*&3.1?$#"?X&'#D%&51&5?S(#&U.*$*5#&%L&h1+#&L%&-$#P#
%'"#.#&$*D'0#
R.*&*&4%'.1&"#0%&"1+0%C&*'0?+18#&U.*$*&(1&D18#5?&')%5*V&'"#$*V&(#)*0#&]*V%)1&.#>1&*
L#J1&4J#P0#5?&4%&D%$?&*&'D1"#5?&*"#.'0?&"$C%)*(?&*&*/#/*)#5?&4$%"*)&'191&@7&C%L&4$1&:$
(%)?&0#/(1(?&10'41L*<*5?&Y*D'0*&*/)1+"#5*&0#/?5?X&L#&')*&"*&(#4#L#5*&(*'?&9*.*&91/&)1/1&'#
*.*$'0*D&).#L#$1D&M1(<*51DX&0%5*&51&L%/)%J#)#%&*&*(#P1&L#&'1&$*D'0*D&4%L#(*<*D#&(#(%'1
D(%C1&(14$#)L1&*&0%5*&51&$*D'01&C$#>#(1&/#")#$#%&(#&B%$P?.*&Y*D&'&"%C#&C%L&6@&%L$1>?51
L)#&4%'19(#&4%D%$'0#&(#L/%$(*0#X&F & 
FX&0%5*&'?&*D#.*&L#&4#/1&*&9$#(1&*"#.'0?
%9#.?&%L&"*V&(#4#'(*0#
M1(<*51X&).#L#$&FL$?C*VF&U.*$#X&"5&4.1D1(#X&*/&?(?"$#+8%'"*X&9.*S*V&=#Q1L%(*5*X&#
*/C.1L#&(1&%L&%(*VX&(#L&0%5*D#&'?&4$)%9*"(%&).#L#.*&RC$%(&*&H1?"#&*&0%5*&'?&L%".1&)%L*.*
C.#)(?&9%$9?&'&Y*DJ#(*D#X&9*%&51&?+#%&?&'#)1/&'#&(#'.1L(*0%D&o*.*4%)*DX
D#Q1L%('0*D&).#L#$1D&31$/151D&B#L&51&"#5&,@&C%L&9*%&'#).#L#(&*&/#$%9J1(&%'"#%&51
M1(<*51&'#DX&L#&4$*D*&(1$#)(?&9%$9?&'#&C%'4%L#$1D&%(L#+81C&')1"#&T1L%)%J(%&'4$1D#(&%(
51&9$/%X&/#&D1'1<&L#(#X&9*%&4%"4?(%&'#).#L#(&?&!0#L$?X&CL1&'1&4%)?0#%&4$L&5#P%D&*&9%J1
%4$1DJ1(%D&$*D'0%D&)%5'0%D&M1(<*51&'1&91/?)1"(%&4$1L#%&$*D'0%D&4$1"%$?&b?<*5?
R(*<*5?&*&/#51L(%&'#&')%D&4%$%L*<%D&9*%&%L)1L1(&?&Y*DX&L#&%0*"*&4%91L(*0%)&"$*?DN
]1C%)?&4%$#/?&L%4$*(1%&51&*&L%D#Q*&$#/L%$&*.*$'0*V&4.1D1(#&T1'.%S(*&D1>?&'%9%DX&%(*
(1&4$*"*P?&')%D&).#L#$?&?&4%D%Qi&+"#&)*+1X&-#%$/*&4$*.#/1&Y*DJ#(*D#&*&$#L*&"%C#&4%'.1
9*)#5?&%'.%9%>1(*&%L&4%$1/#&_*"#)%&*.*$'0%&4%L$?P51X&%L&!0#L$#&L%&T1$1")1X&L%>1&4%L
)$V%)(?&).#'"&$*D'0?i&51L*(%&4.1D1(#&*/&?(?"$#+8%'"*&%'"#+1&*&L#J1&'.%9%L(#&*
(1(#4#L#(#&\#&-1.D#"1&'1&4%D*81&*/$*P(%X&L#&'?&'1&9*.*&%LD1"(?.*&%L&M1(<*5#X&'")%$*.*
'#D%'"#.(?&L$S#)?&*&P#0&4$*'*.*.*&(10#&'?'1L(#&4.1D1(#&(#&4.#Q#81&L#(0#&`(*&'?&%'"#.*
'.%9%L(*&*&*/#&4#L#&M1(<*51)#
3%'.1&4#L#&4$*D%$'01&U.*$*51&4%L&)$V%)(?&).#'"&Y*DJ#(#&'4%D*81&'1&5%+&51L#(&).#L#$X
;#.#5%'X&%L&0%C#&51&%P?)#(&4$*.*P#(&9$%5&(%)#<#&*/&L%D#Q*V&0%)(*<#X&*/&Y*'(#&*&'#&:)#$#&T#
"*D&(%)<*D#&).#L#$&'1&/%)1&¹¦ ŽžŸ’i&L#J*&C$P0*&?"*<#5X&%'*D&?&(#/*)?&*&4*'D?X&L%.#/*&5%+
*&?&R$"1D*L*(%D&.*0?&(#&(%)<?&[&0#0)%D&51&%L(%+#5?&9*%&;#.#5%'&4$1D#&Y*DJ#(*D#
(*51&9.*S1&4%/(#"%X&#.*&%)#5&81C%)&$#L&4%&L#.D#"*('0*D&C$#L%)*D#&*&%'"$)*D#&C%)%$*%&9*
L%(10.1&/#&"%X&L#&51&"$4J1(&0#%&)#/#.&U(#P1X&0#0%&51&4$1D#&4.1D1('0%D&?$1>18?&'#')*D
4$*$%L(%X&?&*.*$'0*D&%9.#'"*D#&91+1&D(%C%&).#L#$#X&?4$#)%&4.1D1('0*V&4%C.#)*<#&EŠ

Š&«ŽŽ˜¡§™&·•Ž ™˜œ¦Š’GX&L1.%D&'#')*D&(1/#)*'(*VX&#&L1.%D&4%.?(1/#)*'(*V&*&4$1&4$1D#
')%D&).#L#$?&*&4%'.1&4$1D#&Y*DJ#(*D#&H#0%&'1&D%C.%&L%C%L*"*X&L#&'?&(10*&%L&8*V&5%+&%L
$#(*51&'"?4*.*&?&)1/1&'&Y*D'0%D&Y14?9.*0%DX&(1&%9#/*$?Q*&'1&(#&).#L#$'01&%L(%+#51X&*
4%'"#5#.*&81(*&4$*5#"1J*X&%L(%'(%&'#)1/(*<*&EF  
&‚ FG
3%+"%&'?&4%0%$*.*&M1(<*5#X&Y*DJ#(*&81C%)?&L$S#)?X&(#&/9%$?&4.1D1('0*V&4%C.#)*<#&?
!0#L$?X&,6&C%L&4$1&:$X&L1.1&(#&"$*&%9.#'"*&51L(#&51&9*.#&L%.*(#&-$*D#&'#&!0#L$%D&*
4$1L1.%D&%0%&!0#L#$'0%C&O1/1$#i&L$?C#X&0$#5&%L&[.<*8#&L%&T1$1")1X&'&;%0%D&B%"%$'0%Di&#
"$1Q#X&5?S(#X&%L&-$*D#&L%&K%5?+1&H?&%LD#V&4%'"141(%&?)%L1&*&')%5?&#LD*(*'"$#<*5?X&*#0%
U.*$*D#&%'"#)J#5?&)1.*0&L1%&?(?"$#+81&'.%9%L1&[4#L#&?&%P*X&L#&'1&4$1D#&%)%5&4%0$#5*(*
4%(#+#5?&9.#S1&(1C%&4$1D#&=#Q1L%(*5*&UD#&P*"#)&(*/&%4+"*(#&*&%9.#'"*X&0%5*D#&'?
%4$%+"1(*&4%$1/*i&4%$1L&)1Q&4%D1(?"*V&-#%$/#&(#)%L1&'1&0#%&4%+"1>1(*&K*+#(*X&H#?.#("*X
Y*+8#(*&*&[.<*8#(* 


 

 
=1>?&*.*$'0*D&4.1D1(*D#X&*/#&"%C#X&(#'"#5?&'"#$1&D1>?'%9(1&9%$91&T#5#0"*)(*5*&'?
-#.D#"*X&0%5*&4%"*'0?5?&*&4%0%$#)#5?&')1&'?'1L1X&(#$%P*"%&R$L*515<1X&*&4$%"*)&0%5*V&4%P1+1
?&Y*D?&%P#5(1&"?S91&-#%$/#&'&51L(1X&*&)*+0*V&0%.%(*5#X&H$#C?$*5#&EH$%C*$#G&*&f41"*5#
E!"%9$1S#G&'&L$?C1&'"$#(1&Y*D&'1&%L#/*)#&D%.9#D#&')%5*V&4$*5#"1J#&*&+#J1&.1C#"1&2@&C%L
4$1&:$X&L#&*'4*"#5?&'")#$&R.*&"*&.1C#"*&9*)#5?&"#0%&$>#)%&L%P10#(*X&L#&'?&0$*+%D&D%$#.*
L#&4%91C(?&*/&L#.D#"'0%C&4%L$?P5#&U/#/)#(#&"*DX&Y14?9.*0#&2,&C%L&4%P*81&$#"&4$%"*)
-1.D#"#&B#%&*'V%L*+(#&9#/#&$*D'0%5&)%5'<*&'.?S*.#&51&L%.*(#&L%81&T1$1")1X&%L#0.1&'1
?4?Q*)#%&4%0$1"&?&C.#)(%D&4$1D#&C.#)(%D&D1'"?&"%C&4.1D1(#X&-1.D*(*5?&*.*&-?D(?&`"4%$
-1.D#"#&9*%&51&)$.%&5#0&3$)*&(#4#L#5&Y*DJ#(#&4%L&0%(/?.%D&M#5%D&=#$<*51D&o*C?.%D&9*
%L9*51(&3%?P1(&"*D&*'0?'")%D&%(&51&L$?C*&(#4#L#5&%$C#(*/%)#%&9%J1X&*&4$%L$%&51&L%&-?D(#X
0%5*&%4'1L#&*&4#.*&]1C%)&(#'.1L(*0X&3?9.*51&B%$(1.*51&!<*4*%&T#/*0#X&22&C%L&?/1%&51&"#5
)#S(*&C$#L&4%"4?(%

\#4.#+1(#X&*.*$'0#&4.1D1(#&D*$?5?&(10%&)$1D1X&#.*&0#L&'1&D#.%&/#9%$#)*%&'"$#V&%L&$*D'01
)%5'01&%(*&4%P*8?&(%)1&#0<*51&3%$#/&-#.D#"#&(#$%P*"%&51&L%9$%&L%+#%&'"#$*D&C?'#$*D#
R$L*515*D#X&0%5*&'?X&%'.%9%L*)+*&'1&8*V%)#&4$*"*'0#X&(#'"#)*.*&4J#P0#8#&4%&D%$?X&?
L$?+")?&'&3.1$15*D#X&91/&)1.*0*V&%9/*$#&(#&$*D'01&C%'4%L#$1&Y*DJ#(*&4%0?+#+1&(#54$1
L#&')%51&4%.?4%L#(*01&51L(*D&4%'.#('")%D&%L)$#"1&%L&"*V&(#4#L#&*&L#&*V&(#"1$#5?&/#
4.#Q#81&%+"1"1&R.*&0#L&%(*&%L9*+1&L#&*/)$+1&4%$?0?X&0$1(?&Y*D&A2&C%L&4$1&:$&4$%"*)
8*V&0#/(1(?&10'41L*<*5?X&'#&7777&41+#0#&*&,77&0%8#(*0#&H%.*0*&9$%5&)%5'01&?/1"&51&(1+"%
'&"%C#X&L#&9*&9*%&L%)%J#(X&#0%&9*&%'"#.#&*.*$'0#&4.1D1(#&L%+.#&(#4#L(?"*D#&?&4%D%QX&#
(1+"%&*&'&"%C#X&L#&'1&4$*D1$(%&0#/(1&%(*X&0%5*&'1&L$/(?&(14%+"%)#"*&(#$1L91&)$V%)(1
).#'"*&3$*)*L(#&51&'")#$X&L#&'?&Y*DJ#(*&'&"%.*0%D&)%5'0%D&.#0%&'0$+*.*&%"4%$&(1L%)%J(%
'4$1D(*V&4$%"*)(*0#&?&L%.*(*&T1$1")1&-#&%(1D%C?Q1&8*V%)1&(#4#L#51&*&?&9?L?Q(%'"*
4$1'1.*+1&Y*DJ#(*&R$L*5151&*/&3$*D%$5#&D#.%&L?9J1&?&?(?"$#+8%'"&*&(#"1$#+1&*V&L#
%9$#>?5?&/1DJ?&R.*&?(?"$#+8%'"&:1$<1C%)*(1X&C%$%)*"#&*&0$+1)*"#X&(*51&9*.#&(*D#.%
4%L1'(#&/#&/1DJ%$#L8?&*&R$L*515<*X&0#0%&)1.1&'"#$*&4*'<*X&4%P1+1&%P*"%&4$%4#L#"*&]*V%)
9$%5X&L%*'"#X&(#C.%&4#L#&*&?&3.*(*51)%&L%9#&*/(%'*&'#D%&7&L10?$*5# 
R.*&$*D'0#&%')#5#8#&(*'?&*+.#&'#D%&%L&"1&5?S(1&L#.D#"*('01&'"$#(1X&%L&D#0#$'0%C
4$*D%$5#&*&L%.*(%D&T1$1")1&]*V%)*&(#4#L#5*&4%P*8?&*&'#&'1)1$(1&'"$#(1&%L&*'V%L*+(1
#0)*.15'01&"#P01X&4$10%&U'"$1X&?&4%L$?P5#&b*9?$(#&*&O#4%L# &3$)*&'?0%9*&'&Y*DJ#(*D#
(#&5#4%L'0%5&'"$#(*&4%D*8?&'1&&C%L&4$1&:$X&*&"%&*/#/)#(*&#C$1'*)(%+Q?&O#4%L#&[
8*D#&?P1'")?51&4%91L(*0&b?/*"#(*51X&'.#)(*&-1<*D%&O?(*51&;$?"&K1Q&&C%L&4#L#&!*'<*5#
E!*'#0G&?&$*D'01&$?01&[&$%0?&%L&"*V&L1'1"&C%L*(#&4$%L$.*&'?X&L#0.1X&Y*DJ#(*&0$%/&5#4%L'0%
4%L$?P51&%L&U'"$1&L%&!#)1&*&)1$%)#"(%&[(1X&D#&*&(1&/#L$S#)#5?Q*&'1&?&81D?&L?S1&U/&!*'0#
'1&$*D'0#&)%5'0#&%0$1Q1&4$%"*)&-1.D#"#&*&*/9*5#&(#&!#.%(?X&@&C%L&`L&4.1(#&0%5*&51&L%9*%
(#&"%D&4%V%L?&4%L*C#%&51&b?<*51&d1<*.*51&=1"1.%&B#'"%$%)&V$#D&(#&$*D'0%D&N%$?D?&H#L#
51&?51L(%&U.*$*5#&4$)*&4?"&%$C#(*/%)#(#&0#%&4%'19(#&$*D'0#&4$%)*(<*5#&M$#(*<#&5%5&51X
4$1D#&'?'1L(%5&C#.'0%5&4%0$#5*(*X&*+.#&$10%D&o%$D*51D&EL#(#'&Y*'#(%GX&5?S(%&%L&H$'"#X&4#
L#J1&4$10%&B$+#&*&5?.*'0*V&R.4#&(#&!#)?
\#&)$1D1&C$#>#('0%C&$#"#&?&U"#.*5*&%"4%$(*&-1.D#"*X&(1/#L%)%J(*&$*D'0%D&).#+Q?X
4%L*C%+1&6@&C%L&4$1&:$&(%)*&?'"#(#0X&*&?/1+1&!#.%(?&Y*DJ#(*&'?&"$19#.*&L)1&4?(1
C%L*(1X&4%L&4$%0%(/?.%D&M#5%D&B%'0%(*51D&L#&?C?+1&9?(?&*&4%)$#"1&')%5?&).#'"&\1DJ#&51
4%'.1&"%C#&%'"#.#&'&4%J#&D*$(#X&#.*&51&?&81(%5&?(?"$#+8%'"*&)$*.%&*&'4$1D#.#&'1&(%)#&*
%4#'(*5#&9%$9#&H%D&)$18?&4%D%C#%&51&(#$%P*"%&51L#(&'.?P#5&!.#)(*&M#5&O?.*51&d1/#$&L%9*%
51&2&C%L&4$1&:$&*&*.*$'0?&4%0$#5*(?&0#%&')%5?&4$%0%(/?.'0?&%9.#'"&`(&51&?&L)#&D#V#X&(#
0$#Q1&)$1D1X&L%.#/*%&?&%)1&0$#51)1X&#.*&81C%)&C.#)(*&*("1$1'&91+1&?&M#.*5*&*&4%'.1&?&Y*D?X
CL1&51&*D#%&L#&)%L*&')%5?&4%/(#"?&9%$9?&'#&3%D4151D&`(&51X&*'"*(#X&4%'"#)*%&51L(%C
/#D1(*0#&?&"%D&0$#5?X&#.*&"#5&(1&91+1&L%$#'"#%&/#&4%C.#)#$#&51L(1&"#0%&(1'*C?$(1&4$%)*(<*51X
0#%&+"%&91+1&*.*$'0#&`'1Q#5?Q*&"?&D#8?&9?L(%'"&%L&'"$#(1&Y*D#&*.*$'0#&4.1D1(#&?/*D#5?
D#V#&*&2&C%L&L%.#/*&L%&%4+"1C&?'"#(0#&?&/1DJ*&O#4%L*&'?&%4J#P0#.*&C$#L&H1$C1'"1&EH$'"G
*&4%+.*&P#0&*&(#&'#D?&R0)*.15?X&#&4$%"*)&b*9?$(#X&0%5*&'1&(1&V"1L%+1&4$*L$?S*"*&4%0$1"?X


 

 
?'"#L%+1&%'"#.*&-1.D#"*&*&%"1+1&*D&C$#L&3$%D%(?&`)*&'1&4%"?S*+1&Y*DJ#(*D#&R.*&(*
$*D'0*&4%/*)&L#&(#4?'"1&C$#LX&(*&51L(#&)%5(#&10'41L*<*5#&%L&27&C%L&(1&*D#L%+1&S1J1(%C
L15'")#&T#4$%"*)&3%+"%&'?&$*D'0*&%L$1L*&9*.*&?(*+"1(*X&?'"#(#0&%5#P#&5%+&)*+1&*
%9?V)#"*&*&%'"#.#&4.1D1(#&[&9%$9#D#X&0%51&%LD#V&*/#&"%C#&(#'"#L%+1&*/D1>?&d1/#$#&*
3%D415#X&L#.D#"*('0*&?'"#(*<*&'"#L%+1&(#&'"$#(?&%)%C&L$?C%CX&(1'?D8*)%&(1&*/&(10%C&')%C
$14?9.*0#('0%C&?)1$18#X&0%.*0%&*/&L1D%('"$#<*51&4$%"*)&L%"#L#+81C&/#4%)1L(*0#&*&*/
4%"$191X&L#&'1&?&%4+"1D&D1"1S?&0%$*'"1&*&'#D*&O1L*(%&(10*&4$*D%$'0*&C$#L%)*X&0#%&C.#)(%
D1'"%&!#.%(#&*&f4*L#?$X&%'"#5?&)1$(*&d1/#$?&['"#(*<*&'#&3%D415#(<*D#&$#/9*5#5?
d1/#$%)#&%L1.18#&*& &C%L&%4'1L#5?&'#D?&!#.%(?&B#L&51&d1/#$&?4?"*%&(%)1&P1"1&?&4%D%QX
81C%)&)%5)%L#&R?.%&M#9*(*51&9*&0%L&!*(%"*5#&"#0%&4%"?P1(X&L#&51&(#&9%5(%D&4%J?&*/C?9*%
)*+1&%L&777&)%5(*0#X&A@&<1("?$*%(#&*& &"$*9?(#&3%'.1&"1&4%91L1X& 6&C%LX&4#.#&51&*&!#.%(#
`L$S#&'1&'#D%&f4*L#?$&'#&5?S(*D&L1.%D&4$%)*(<*51X&9$#81(&%L&N.%"1X&*&D#.*&L1%&4%L$?P5#
%0%&\#L$#&H#0#)&?'41V&*D#%&51X&4$*$%L(%X&(#5)1Q1C&%L510#&-#.D#"*&4%'"#+1&4%"4?(%
'.%9%L(*X&?&'"#)?&4%91L(*0#X&*&$#+*$*+1&')%5&?"*<#5X&'&?C.1L%D&/#51L(%X&4%&P*"#)%D
*.*$'0%D&4%L$?P5?
B#L&51X&D1>?"*DX&'"*C.#&)1'"&%&4%"4?(%5&d1/#$1)%5&4%91L*&(#L&3%D4151D&*&0#L&51&4%'.1&"%C#
9*.%&%4$#)L#(%&%P10*)#"*&81C%)?&%')1"?&*&(#L&%'"#.*D&4$%"*)(*<*D#X&4$14#L%+1&'1
-#.D#"*&*&%L.?P*+1&L#&C#&?9.#S1&3%(?L*+1&D?&4%(%)%&')%5?&4%0%$(%'"X&4%'.#)+*&D?
(#$%P*"%&4%'.#('")%&?&Y*D&d1/#$&/#"$#S*&4.#Q#81&L#(0#&*&"#%<1&0#%&C#$#("*5?&*'0$1(%'"*X
#.*X&/#&')#0*&'.?P#5X&%L$1L*&3?9.*5#&K#"*(*5#X&L#&'&)%5'0%D&4%>1&?&-#.D#<*5?&*&"%9%S1
4$*D*&4%(?L1&[&/*D?& ,2&C%L&4$1&:$&4$1+#%&51&K#"*(*51&D%$1&*&*'0$<#%&'1&(1L#.10%&%L
T#$%(1X&0%5#&51&*D#.#&L#&D?&'.?S*&0#%&$#"(#&9#/#&U'0$<#)#81&*&L%.#/#0&$*D'01&)%5'01&&A
.1C*51&*&D(%C%&0%8#(*0#&&*&4%'.1&8*V%)1&*/5#)1&%L#(%'"*&%C%$P*.%&51&-#.D#"1&*&%(*X
?'0%$%X&?.#/1&?&L?C&*&0$)#)&$#"&'&Y*DJ#(*D#&K#"*(*51&51&'&4%P1"0#&*D#%&(1+"%&?'41V#X&#.*
51X&?&/*D?& 2&C%LX&'4$1P1(&0*+#D#&*&%4%$%D&/*D%DX&0#%&*&%/9*J(*D&%"4%$%DX&D%$#%&L#&'1
4%)?P1&?&')%51&*'V%L*+(1&4%.%S#51&T#$1L(1&C%L*(1&51L#(&81C%)&%L$1L&%L&41"&0%V%$"*X&4%L
/#4%)1L(*+")%D&'1(#"%$#&;19*5#X&9*&4%"4?(%&4%"?P1(X&*/C?9*)+*&P#0&*&)%5(1&/(#0%)1
3%C*9*5#&d1/#$%)#&*&'D?"81&0%51&*/#&"%C#&(#'"#+1&?&$*D'0%5&L$S#)*&'4$1P*+1&/#&*/)1'(%
)$1D1&L#J1&%41$#<*51&4$%"*)&-#.D#"#&K#"*(*51&'1&4%)?P1&(#&5?CX&4$1D#&-$#P?X&L#&9?L1
9.*S1&D#Q1L%('0%D&9%5*+"?X&CL1&'1&)%L*.#&C.#)(#&9%$9#&*/D1>?&4$%"*)(*0#&*&4$*'"#.*<#
d1/#$%)*V&`L#".1&51&4$1+#%&?&U"#.*5?X&CL1&51& &C%L&'.#)*%&"$*?DN&$#L*&')%5*V&(*D#.%
'.#)(*V&4%L)*C#&?&U.*$*0?
3%&?C%)%$?&*/D1>?&`0"#)*5#(#&*&=#$0#&R("%(*5#&'0.%4J1(%D&?&;$*(L*/*5?& 7&C%L&4$1&:$
L%+#%&51&U.*$*0&?&'N1$?&d1/#$%)#&4%'*(0#&3%'.1&"%.*0%&C%L*(#&C$#>#('0%C&$#"#&"$19#.%&51
4%)$#"*"*&$1L&?&L$S#)*&*'"%&0#%&*&81(&?C.1L&(#&C$#(*<#D#&=1>?&%'"#.*D&(#D1$#D#
`0"#)*5#(%)*D&91+1&*&"#X&L#&+"%&4$1&L%0%(P#&?'"#(#0&-#.D#"#&*&'$1L*&%L(%'1&'#&"%D
4%0$#5*(%D&\#&/#4%)1L(*0#&9*&4%'"#)J1(&%L&41'(*0#&4$%'.#)J1(*&$*D'0*&=1<1(#X&M#5
R/*(*51&3%.*%X&0%5*&A&C%L&%')%5*&4%(%)%&!#.%(?&:%$#<*51&D?&'&"%C#&?&4%'19(%5&%L*&*
'4%D*81&FL1.D#"'0*&"$*?DNF&T#&"%D&51X&?&"#5&D#VX&*&%'"#.%X&4%+"%&`0"#)*5#(&D%$#L1&L#
)%L*&9%$9?&'#&!10'"%D&3%D4151D&A&'14"1D9$#&A,&C%L&4%91L*%&51&`0"#)*5#(&4$%"*)(*0#&?
4%D%$'0%5&9*<*&0%L&T#?.%V#X&'1)1$(%&%L&=1'*(1&H?&4%91L?&/#91.1S*%&51&(#5'"#$*5*
.#"*('0*&(#"4*'X&0%5*&51&L%&L#(#'&(#>1(&?&;%'(*&*&:1$<1C%)*(*&[&L%.*(*&T1$1")1X&?
H#'%)P*Q*D#X&4%L*C(?"&51&%L&L)%5*<1&%L#(*V&P.#(%)#&51L(1&(#$%('01&4%$%L*<1&4%P#'(*
'4%D1(*0&4%91L(*0?&IE  G&†
 &  &‚E G&q  & &H10&4%'.1&%)1&4%91L1
D%C#%&51&`0"#)*5#(&L#&'1&)$#"*&')%D&'"#$%D&4.#(?&*&(#'"#)*&4$1&"$*&C%L*(1&4%P1"%&L1.%&U
L%*'"#X&%LD#V&A2&C%LX&0$1Q1&%(&'#DX&'#&(#59%J*D&')%5*D&)%>#D#&*&)%5'0%DX&L#&4%0%$*
?/D?Q1(?&/1DJ?&*&4$%+*$*&*&?")$L*&C$#(*<1&L$S#)1&4%&(#59%J1D&(#V%>18?
Y*D'0#&0%4(1(#&)%5'0#&*+.#&51&'#&'1)1$#X&%0%&B)#$(1$#X&#&N.%"#&'&5?S(1&'"$#(1i&'#'"#)+*&'1&?
!18?&4%P1.*&'?&0%(<1("$*P#(&(#4#L#5&3$)*&(#&?L#$<?&91V?&O#4%L*&[4.#+1(#&%L&$*D'01
)%5'01&(10#&4.1D1(#X&0#%&=%(1"*(*&*&R)1("*5#"*X&4$1L#L%+1&'1&%LD#VX&L%0&'1&R$?4*(*
4%)?0%+1&?&4.#(*(1&Y*D'0#&)%5'0#&4%>1&/#&8*D#&4$10%&"1+0%&4$%V%L(1&B#41.1X&CL1&'?


 

 A
?'"#(*<*&)$19#.*X&'#0$*)1(*&+?D%DX&*&'4$1P#)#.*&4$%L*$#81&/#0$P*)#81D&4?"1)#&0.#L#D#
*&/#'1L#D#&!&)1.*0*D&(#4%$%D&Y*DJ#(*&*4#0&4$%L$1+1&L%&8*V%)#&C.#)(%C&C$#L#&=1"?.?D#X
P*5*&4%.%S#5&5%+&(*51&?")$>1(&3%'.1&L?C*V&*&)1%D#&0$)#)*V&5?$*+#&*&9%$9*&C$#L&51&4#%X&#.*
?&'"#8?&0%51&51&D%C.%&'#D%&/#L*)*"*&!)1&51&9*.%&'4#J1(%X&P#0&*&S1(1&*&L1<#X&L#&(1&9*&L%4#.*
$%4'")#X&#&D?+0#&4%'#L#&*/C*(?.#&51&9%$1Q*&'1&9?0)#.(%&L%&/#L81&0#4*&0$)*&3%'.1&"1
4%C*9*51&%'"#.#&4.1D1(#&4$1L#L%+1&'1&91/&L#J1&9%$91&O1L*(%&!*'#0&4%0?+#&(%)*&%"4%$X&#.*
*&%(&9*&'#).#L#(&4%'.1&D1'1<&L#(#&%4'#L1&=#.%&4.1D1&3%'1(#X&0%51&51&'"#(%)#.%X&*/C.1L#X&?
;%'(*X&4%0?+#.%&51X&*'"%&"#0%X&L#&'1&%L?4$1X&#.*&C#&51&51L#(&$*D'0*&%L$1L&9$/%&4%0%$*%&*
$#'4$%L#%&?&$%9J1&T#$1L(1&C%L*(1&%9$(?%&51&`0"#)*5#(&')%5&(#4#L#5&(#&-#.D#"1&b*9?$(*X
*#0%&$#(*51&$*D'0*&4$*5#"1J*X&D%$#.*&'?&4$1&L#&*/L#5?&')%5?&N.%"?X&#&'#L&L#&4$10%&')%C
4%L$?P5#&4$%4?'"1&$*D'0?&)%5'0?&-#.D#"*X&'&)1$%D&?&'191X&4$*D*+1&9%$9?&P#0&*&)#(&')%5*V
C$#(*<#X&?&")$L%5&.*9?$(*'0%5&3$%D%(*&`)L1&51&`0"#)*5#(&*D#%&)$.%&"1+0*V&P#'%)#X&#.*&51X
9.#C%L#$1Q*&')%5%5&4$*'19(%'"*&*&C)%/L1(%5&1(1$C*5*X&%'"#%&*4#0&4%91L*"1J&3%'.1&4#L#
3$%D%(1&)#J#.%&51&'&D?0%D&*&'&)1.*0*D&%4#'(%'"*D#&%')#5#"*&0%D#L&4%&0%D#L&/1DJ1X&51$
-#.D#"*&(1&91V?&%(#0%&D#.%L?+(*&0#%&O#4%L*&B%L&!1"%)*51&E!*8#“G&%4'#L#&51&/#41.#X
`0"#)*5#(&51&9*%&4%(%)%&$#81(&*&P*"#)&?'41V&L%)1L1(&?&4*"#81&FT*&?&51L(%D&%L&')%5*V
$#"%)#FX&4$*D1Q?51&=%D/1(X&F(*51&d1/#$&?&"%.*0%D&'"141(?&$#/)*5#%&')%5?&1(1$C*5?&*&.*P(?
V$#9$%'"F&[&'5#5(%5&9*%C$#N*5*&R)C?'"%)%5&%L&!)1"%(*5#&L#5?&'1&*&9.*S#&%9#)1+"18#&%
81C%)*D&$#(#D#&H10&?&4$%.1Q1&AA&C%L&?'41.%&51&Y*DJ#(*D#&L#&C.#>?&*/D%$1(?&")$>#)?
(#C(#5?&(#&4$1L#5?&*&"#0%&'0$+1&/#L8*&%"4%$&5?(#P0%C&9$#(*"1J#&3%91>1(*&*&"?&-#.D#"*&'1
4%0%$*+1&3$*'"#L%+1&(#&4.#Q#81&L#(0#i&4%)$#"*+1&')1&?C$#9J1(1&)%5(1&/(#0%)1&$*D'01&*
L#L%+1&677&')%5*V&L1P#0#&0#%&"#%<1&]*V%)%D&4$*D1$?&'.1L%)#+1&*&%'"#.#&'?'1L(#&4.1D1(#i
#.*&L%0.1&'1&'")#$(%&?&"#5&D#V&$#+*$*.#&$*D'0#&).#'"&?&?(?"$#+8%'"*&(*51&'*C?$(%
4%/(#"%&T1&*/C.1L#&)1$%)#"(%&L#&51&)1Q&"#L#&%9?V)#"*.#&*&<1.?&L#(#+8?&;%'(?
-#&9*&'4$1P*%&(%)1&?'"#(01&*&'")%$*%&$*D'0%5&)%5'<*&4%"$19(?&9#/?&/#&L#J1&(#4$1L%)#81
4%P1%&51&`0"#)*5#(&P*"#)&(*/&")$>#)#&L?S&5?C%/#4#L(%C&4%L(%S5#&-*(#$'0*V&R.4#X&%L&B$01
L%&T1$1")1&H#5&.#(#<&'#P*8#)#V?&;?$(?D&Ee?4J#5#&d$0)#&(#&B$0*GX&R(L1"$*?D&EM%$8*
=?QGX&M#$L?(&E5?C%*'"%P(%&%L&!*8#GX&V1$<1C%)#P0*&:?D#<&*&(#59%J1&%P?)#(%&=%C%$51.%&0%L
_#4J*(1&(#&T1$1")* 
R.*&'.%9%L%J?9*)*&*&#0"*)(*&-#.D#"*&(*'?&"*D&4%$#/%D&L1N*(*"*)(%&'0$V#(*&B#L&C%L
)*L1&$*D'0?&)%5'0?&?4.1"1(?&?&$#"%)1&(#&L$?C%5&'"$#(*&*.*&/#9#)J1(?&(10*D&L%D#Q*D&/.%DX
%(*&%LD#V&L*S?&C.#)1&*&'4$1D#5?&?'"#(01&\#&)$1D1&$*D'0%C&)%51)#8#&4$%"*)&3#(%(#<#X&,
C%L&4$1&:$X&5#)J#&'1&?'"#(#0&-#.D#"#X&0%5*&9*)#&9$/%&?C?+1(X&#.*&'1&(#'0%$%&4%(#)J#&/#&"$*
C%L*(1&?/#'"%4<1X&&4$1&:$&[&%)*D&9%$9#D#&4$%"*)&8*V&?P1'")?51&L%<(*5*&<#$&H*91$*51X
"#L#&C.#)(*&/#4%)1L(*0&/1DJ1X&0%D1&51&4%+.%&/#&$?0%D&L#&4%0%$*&<1.?&3#(%(*5?&*&$#/D#0(1
C$#(*<?&$*D'01&L$S#)1&')1&L%&-?(#)#&H%D&51&4$*.*0%D&4%0%$1(%&)1.*0%&4.1D1&;$1?0#&(#
L%8%5&!#)*X&#&$*D'0#&'1&).#'"&)1$%)#"(%&$#+*$*.#&*/&-#.D#<*51&0$%/&<1.?&;%'(?&O1$&'#D%
"#0%&D%S1D%&%95#'(*"*X&L#&'?&!0%$L*'<*&'&%91&'"$#(1&-$*(1&D%C.*&?P1'")%)#"*&?&"*D
9%$9#D#&0#%&'#)1/(*<*&Y*DJ#(#X&#&-#.D#"*&'1X&(#&P*"#)%D&4%L$?P5?X&'"#.(%&9?(*"*&?&)1/*&'#
3#(%(<*D#&T1)1$%)#"(%&9*X&L#J1X&9*.%X&L#&Y*DJ#(*&*L?&')1&L%&!$1D#&*&L$S1&?S?
-#.D#<*5?X&#&L#&4%L$?P51&*/D1>?&"%C#&%'"#(1&?&).#'"*&(14$*5#"1J#&*.*&4.1D1(#X&0%5#&'?&.#0%
D%C.#&4%'"#"*&(14$*5#"1J*&[&%'"#.%DX&L#&51&'$1L*+8#&;%'(#&9*.#&L%*'"#&?&%)%&L%9#&4%L
).#+Q?&Y*DJ#(#&4$%*/.#/*&*/&)1.*0%C&?'"#(0#X&0%5*&51&*/9*%&,&C%L&4%'.1&:$*'"#

T14%'$1L#(&4%)%L&/#&"#5&?'"#(#0 &L#%&51&%L.#/#0&)1Q1C&L1.#&$*D'0*V&4%'#L#&?&$#"&4$%"*)
=#$0%D#(#&*&"%X&+"%&51&51L#(&L1%&L%D#Q1C&'"#(%)(*+")#&D%$#%&*Q*&(#&"?&)%5(?&;*.%&51
%C%$P18#&*&/9%C&)1.*0*V&4%$1/#&K%>#&?'"#(*0#&0#/*)#%&51&%")%$1(%&Y*DJ#(*D#&L#&'?&%(*
0$*)*X&51$&'?&*D&/#&P?)#81&'"#L#&4%'.#.*&)?0%)1X&#&(1&4#'"*$1&*&4'1 &3%L&)%L'")%D
-1/*"*5#"#&;#"%(#&*/&'$1L*+81&;%'(1&4%P1&?'"#(#0X&#&%(L#&'1&(#C.%&$#+*$*&4%&')%5&/1DJ*
;$%5&?'"#(*0#&?P*(*%&'1&Y*DJ#(*D#&%C$%D#(&*&<1(*.*&'?&C#&(#&77777&41+#0#&*&777
0%8#(*0#&!.#9*51&$*D'01&4%'#L1&*&P1"1&9*+1&'#).#L#(1&M.#'&%&"%D&/#D#V?&(#$#'"#%&51
"%.*0%X&L#&'1&'")%$*.%&D*+J181X&0#0%&51&%)#5&%L&'4%J#+8*V&$#"%)#X&9*%&(#5"1S*&4%'.1


 



4?('0*V&[&3#(%(*5*&4%9?(*+1&'1&;$1?<*&*&?C$%/*+1&!*$D*?Di&/#D#.%&4#&51&4$%"*)&%')#5#P#
?'"#.#&')#&/1DJ#&%L&U'"$1&L%&d$(1&M%$1&*&(#&'1)1$?&L%&-$#)1&['"#(*<*&'?&(#&*'"%0?
?4#L#.*&?&=#Q1L%(*5?X&#&(#&/#4#L?&4$%L$1&;#"%&L%&!#.%(1X&L%0&'?&81C%)1&P1"1&4?'"%+*.1
3$*D%$51&')1&L%&R4%.%(*51&[&Y*D?&'1&/#9$*(?+1&*&'#D&`0"#)*5#(&?&'1(#"?&*/5#)*X&L#&51
L%'"#&.#0%&D%C?Q1&L#&'1&(#4#L#5&4$1(1'1&*&?&U"#.*5?&Y#L*&"%C#&'1&(#$1L*&4%).#P181&)%5'01&'#
'1)1$#&*&D*$&'#&=#$0%D#(*D#X&#&H*91$*5?&9*&4%)1$1(%X&L#&'&4%5#P#(%D&)%5'0%D&?C?+*
?'"#(#0&;#"%X&D1>?"*DX&(*51&P10#%&L#&9?L1&(#4#L(?"X&(1C%&'#D&4%>1&4$%"*)&Y*DJ#(#X&#.*&9*
(#&4?"?&4%"?P1(&*&4$*'*J1(&L#&'1&4%)?P1&;$1?<*D#&3$%"*)&8*V&'"*/#.1&'?&*&D#Q1L%('01
$*D'01&P1"1&'#&*'"%P(1&'"$#(1X&D1>?&0%5*D#&91+1&*&H$#P#(#&;%$9#X&0%5#&'1&)%L*.#&)1%D#
0$)#)%X&9*&"1'(#&4%&%91&'"$#(1X&(#$%P*"%&0%L&R.D1X&0%5#&.1S*&'1)1$(%&%L&!*$D*?D#
`'1Q#5?Q*&*4#0X&L#&*D&51&"1+0%&%L%.1)#"*&?&%")%$1(*D&9*"0#D#&9%J1&%$C#(*/%)#(*D&*
"1V(*P0*&%4$1DJ1(*D&$*D'0*D&P1"#D#X&?'"#(*<*&'1&$#'?+1&?&D#81&%L$1L1X&0$1(?+1&?&$#/(1
0$#51)1&*&4%P1+1&%4#'(*&C1$*.'0*&$#"&UL?Q1&C%L*(1&H*91$*51&51&L%9*%&/(#"(#&4%5#P#8#X&0%5#
51&L1.*D*P(%&L%)1%&81C%)&(1Q#0&M1$D#(*0X&*&4%P1&'&8*D#&%+"$?&%N#(/*)?&3%"?P1(*&91+1
=#/15*X&'"#(%)(*<*&9%'#('01&B$#5*(1&%L&!#(1&L%&;%'(1X&*&%4?'"%+1(%&*D&')1&4%L$?P51
U/D?P1(*&C.#>?&*&*/D%$1(*&(10*&%L&?'"#(*0#&9*.*&'?&'4$1D(*X&L#&4$1C%)#$#5?&'&Y*DJ#(*D#
T1'#C.#'(*X&%(*&4%"%D&$?5?&51L(*&4$%"*)&L$?C*V&-%.#/*&P#0&L%&*/L#51&K%>#&;$1?0#X&0%5*&'1
*'"%&/)#%&;#"%X&*/L#L1&L$?C%C&)%>?&3*(1'#&*&4$1L#L1&'1&Y*DJ#(*D#&L%9*)+*&/#&"%&0#%
4$*/(#81&0(1S1)'0?&).#'"&(#L&')%5*D&4.1D1(%D&3$1L#5#&51&*/)$+1(#&0%L&(101&$101&;#"*(#X
0%5?&;&!#$*5#&'&(1L%)%J(%&?91LJ*)%'"*&*L1("*N*0?51X&'&;%'(%D &3$%C%81(&$#L*&"%C#&%L
L$?C%C&-1/*"*5#"#&;#"%(#&%(&9*&?V)#Q1(X&*/)1L1(&4$1L&'?L&*&'D#0(?"&R.*&"%&(1&'4#'1
'*"?#<*51&3#(%(*5#&'1&(*51&D%C.#&%L$S#"*&*&8?&Y*DJ#(*&%')%5*+1&4%"4?(%&;#"%&'1&4%)?P1
?&-#.D#<*5?X&?(*+"*)+*&*/#&*&%0%&'191&')1X&+"%&9*&D%C.%&0#%&V$#(#&4%'.?S*"*
(14$*5#"1J?&H*91$*51&51&'D#"$#%&L#&51&"*D&')$+*%&C.#)(*&L1%&4%'.#&*&4$1L#L1
/#4%)1L(*+")%&=#$0?&fD*.*5?&b14*L?&=1>?"*DX&9%$9#&51&*&&C%L*(1&4%&:$&9*.#&)$.%
%C%$P1(#&*&'#D&H*91$*51&D%$#%&51&4%(%)%&L%Q*&(#&9%5*+"1&H1+0%D&'?&D?0%D&%')%51(*
?")$>1(*&?'"#(*P0*&C$#L%)*&!4.%(?DX&Y1"*(*?D&*&!1$1<*?D&T#$%P*"%&51&9*.#&'"$#+(#
9%$9#&0%L&Y1"*(*?D#&H#D%&'?&9$#(*%<*&4%LD1".*&)#"$?X&0%5#&51&*D#.#&*/9*5#"*&'#&')*V
'"$#(#&?&*/)1'(*D&$#/D#<*D#&)$1D1(#X&*&%(L#&'?&'1&4%)?0.*&?&")$>#)?&B#L&'?&Y*DJ#(*
4%+.*&/#&8*D#&L%'41+1&?&?S#'#(&4%.%S#5&*/#&.1>#&51&%')#5#.#&)#"$#X&#&'&.*<#&51&?L#$#%
(14$*5#"1J&T#5)1Q*&L1%&$*D'01&)%5'01&(#'"$#L#&"#0%&?&)#"$*X&#&*&9$#(*%<*D#&%(#&"%.*0%
L%5#L*X&L#&'?&'1&D%$#.*&(%Q?&'0.#8#"*&?&4%L$?D1&*&(#5/#L&(#4?'"*"*&$?+1)*(1&Y*D'0#&'*.#
?L#$*&'#&"$*&'"$#(1&(#&?'"#(*01&*&'#"$1&*D&%"4%$&L%&0$#5#&3%).#P1Q*&'1&'"#.(%&;#"%&51
L%+#%&L%&R(L1"$*?D#X&51L(%C&%L&(#5")$>*V&L#.D#"*('0*V&C$#L%)#X&4%L*C(?"#&(#&'"1(*&*
%40%J1(#&4.#V%D&$10%DX&*&"?&'1&L?C%&9$#(*%&U/D%$1(X&%((#54%'.1&(#4?'"*&C$#L&*&4$1L#L1
'1&Y*DJ#(*D#X&0%5*&C#&0#%&/#$%9J1(*0#&%L)1L%+1&?&Y#)1(?&3%'.1&"%C#&?'"#(#0&51&9$/%
?C?+1(&3%'.1L8*&")$L*&C$#L&R$L?9#&4#%&51&/9%C&D1>?'%9(1&9%$91&*/D1>?&L%D#Q*V
4$191C.*<#&*/&$*D'01&)%5'01&*&*/D%$1(*V&-#.D#"#X&0%5*&'?&V"1.*&4$1L#5?&T#$%P*"%D&'1
'.%9%L%J?9*)%+Q?&*&4%S$")%)#81D&*'"#0%+1&#$L?4'01&S1(1&T1&V"15?Q*&?&$%4'")%X&%(1&'
L1<%D&'0#0#V?&?&)%L?&*'4%L&C$#L#&*.*&'1&9#<#V?&?&)#"$?X&C%"%)%&0#%&'"#$1&*&'.#)(1
B#$"#S#(01&H*91$*51&51&&C%L&'.#)*%&')%5&"$*?DN&$#L*&"*V&4%91L#X&*&51L#(&%L&(#5.14+*V
'4%D1(*0#&'"#$%C&Y*D#X&s&m
X&C$#N*P0*&4$1"'"#)J#&"#5&4%(%'(*&#0"
U/#&"%C&4%'.1L81C&?'"#(0#&?&/1DJ*&(#'"#51&"$#5#(&D*$&Y*D'0#&?4$#)#X&51L*('")1(#&?&')%5%5
#LD*(*'"$#"*)(%5&%$C#(*/#<*5*X&9$/%&4%P*81&L#&?)%L*&$1L&*&L#&')%5*D&C#$(*/%(*D#&*
)1"1$#('0*D&0%.%(*5#D#&*/)$+?51&4%'1L#8#&(#5)#S(*5*V&4$%D1"(*V&.*(*5#&*&"*D
41(1"$#<*5?&/1DJ1&$%D#('0*D&*&$%D#(*/*$#(*D&1.1D1("%D&[&D(%C%9$%5(*D&.%C%$*D#
/1DJ1&91V?&$#/D1+"1(1&(10%.*01&.1C*51X&$1L%)(1&*&4%D%Q(1X&'#&')%5*D&0%V%$"#D#&[
;?$(?D?&51&L%&7&C%L&4%&:$&9*.#&^^&.1C*5#&a  &  &*&L%&,&C%L&^I&.1C*5#&†  & 
‚ 
X&0%51&'?&4%'.1&9*.1&4$1D1+"1(1&?&M1$D#(*5?&=1'"%&%)1&L$?C1&L%+.#&51&Ia&.1C*5#&z  
‚ X&4$1D1+"1(#&L%<(*51&?&;1%C$#L&[&M#$L?(?&51&L%&(#5L#J1&,&C%L&9*.#&aII&.1C*5#&†  
 &‚ 
X&0%5#&51&%L#".1&L%+.#&?&K*D*(#<*?D&T#&:?D<?&'1&4%'#L#&D18#.#X&#&'#'"%5#.#&'1
L1.%D&%L&.1C*%(#$#X&#&L1.%D&%L&4%D%Q(*V&P1"#&H?&51&'D1+"1(&51L#(&%L1%&Ia&.1C*51X&4%'.1X&4%


 

 2
')%5&4$*.*<*&?&L$?C%5&4%.%)*(*&II&)10#X&%L1%&aIII&.1C*51&R?C?'"#X&#&?&4$)%5&4%.%)*(*&III&)10#
0%D9*(%)#(*&%L1%&.1C*51&I&  &*&II&  &[&'$1L*+8%5&*&'1)1$%/#4#L(%5&;%'(*&(#.#/*
'1&)*+1&'4%D1(*0#&L$?C1&.1C*51&F  FX&*/&)$1D1(#&-*%0.1<*5#(%)# &`L&4%D%Q(*V&P1"#
9*.1&'?&A&0%V%$"1&0%8#(*0#&III&&m   &È &?&4$)%5&4%.%)*(*&I&)10#i&'%&I
l  
 &*&&I&l  &ÈX&0%5#&91+1&(#&O#L$#(?&4$1&@7&C%Li&'%&I&l1  
È&*/&L$?C1&4%.%)*(1&II&)10#&*&'%&aIII&    &O1L#(&L1%&"*V&)%5(*0#X&0#L&4%'.1
,7&C%L*(#&*'.?S*&')%5&$%0X&%'"#5#%&9*&0#%&%9#)1/(*&)1"1$#(&E5%+&41"&C%L*(#G&*&P1'"%&4%'.1
0#%&0%.%(*'"#&?&/1DJ*&`)*&)1"1$#(*&9*.*&'?&L?S(*&?&'.?P#5?&$#"#&)$+*"*&*&%41"&)%5(1
L?S(%'"*X&#&'#P*8#)#.*&'?&0#%&)%5(*P0#&%$C#(*/#<*5#&51L#(& &*.*&9#$5#0&B%L&(#'&51&?
J?9?+0%5&L%.*(*&4%'"%5#.#&51L(#&)1"1$#('0#&0%.%(*5#&F &q
  FX&0%5#&51&4%&')%5
4$*.*<*&*D#.#&L?S*&0%("*(?*"1"&:?D#<&51&9*.%&4%/(#"%&'"1<*+"1&)1"1$#(#&T#$%('0#
0%.%(*5#X&')#0#0%&4%&<#$'0%5&(#$1L9*X&?'"?4*.#&*D&51&/1DJ*+"#&/#&%9$#L?&*&(#'1J#X&*&"%&4%
')%5&)1$%)#"(%'"*& &C%L&4$1&:$&3%/(#"#&'?&(#D&*D1(#&*&(10*V&C#$(*/%(#&?&?(?"$#+8%'"*
[&!%4%"(*<*X&5?C%*'"%P(%&%L&M%$#SL1X&9*.#&51&P1"#&'#&O?4*"1$%)*D&4$*L1)0%D&† 
i&?
['%$*&51X&/#&)$1D1&!14"*D*5#&!1)1$#X&'"#.#& 
&  X&#&'4%D*81&'1&*&&I&l  
B%L&M%.?9*Q#X&5?C%*'"%P(%&%L&;*V#Q#X&91+1&0%8#(*P0*&%L1%&m &†  &X&#&?&K1.*0%5
B.#L?+*&%L1%&^Ia&.1C*51& &„  &  &[&3J1)J*D#&'1&(#.#/*.#&'"#(*<#&51L(1
0%V%$"1i&%P?)#(&51&(#"4*'& &EG 

 Ì 
UD1(#&"*V&'"$#(*V&.1C*5#&*&0%V%$"*X&'&R.4#X&*/&;1.C*51X&*/&e4#(*51&E~
GX&*/
3%$"?C#.#&El  
 GX&*&*D1(#&/#)*P#5(#&0#%&„ 
X&r


&E%9#&?&=#.%5&R/*5*G&*
m  
&E=#Q1L%(*5#G&4%0#/?5?X&L#&51&$*D'0#&).#'"X&0#%&L%<(*51&#?'"$*'0#X&*/&'"$#V#&%L
?'"#(#0#&L%D#Q1&C#$(*/%(1&'.#.#&?&"?>*(?X&#&?&/1DJ?&L%)%L*.#&4%'#L1&*/&L$?C*V&4%0$#5*(#
Y1C$?"%)#(*&D.#L*Q*&*/&;%'(1X&(1D#5?Q*&5%+&$*D'0%C&C$#>#('0%C&4$#)#X&'.?S*.*&'?&?
4%D%Q(*D&P1"#D#&0#%&
&x  &*&"%&')1&(#&'"$#(*X&?&f(C.1'0%5X&T1D#P0%5&*&R.S*$?
[/*D#.*&'?&*V&P#0&*&?&D%$(#$*<?&[&L%.*(*&b#+)1X&0%L&V#(#&3%L$?(*Q#X&%P?)#(&51&9*%&51L#(
/#(*DJ*)&'"*V%)#(*&$*D'0*&(#"4*'X&?&0%D&'1&%4.#0*)#.#&'D$"&51L(%C&L%D%$%<#X&0%5*&51
/#)$+*%&S*)%"&'.?S1Q*&(#&N.%"*&?&Y#)1(* &B#L&'1&L%<(*51&/1DJ#&(1+"%&'D*$*.#
%'"#)J#.*&9*&L%D#Q1&*&?&C#$(*/%(*D#&%"#Z9*(1X&(#54$1&D1+#(1&'&L$?C*D#&E &r  
*D#.#&51&*&e4#(#<#GX&#&%(L#&*&'#D1 &B#$#0"1$*'"*P#(&4$*D1$&/#&"%&*D#D%&'#&'1LD%D
0%V%$"%D&;$1?0#&K%5(*<*&"%C#&9?("%)(%C&4.1D1(#&'.?S*.*&'?X&*/C.1L#X&(#54$1&(#&Y#5(*X&#
%(L#&(#50#'(*51&%L&@2&C%L&?&3#(%(*5*X&#&?&77&C%L&?&C%$8%5&=1/*5* 
B%.*0%&51&)%5(*P0*&1.1D1(#"&?&%)*D&4%0$#5*(#D#&D%C#%&9*"*&%L&?"*<#5#&)*L*&'1&(#59%J1&4%
"%DX&+"%&51& &C%L&4%0?+#(%&P#0X&L#&'1&Y*D?&(#D1"(1&51L#(&<#$&0#%&0#(L*L#"&*/&%)1&%9.#'"*
3$%"*)&<#$#&B.#?L*5#X&(#'.1L(*0#&B#.*C?.*(%CX&*'"#)J1(&51&0#%&"#0D#<&L#.D#"*('0*
(#D1'(*0&o?$*51&R$?(<*51&B#D*.%&!0$*9%(*5#(X&/#&0%C#&'1&D*'.*.%X&L#&Q1&?&C.#)(%D&9*"*
4%L$S#(&%L&P1"#&4%L&81C%)%D&0%D#(L%D&`4#'(%'"&51&9*.#&"%.*0#X&L#&51&'#D&B.#?L*51
4%D*+J#%&(#&#9L*0#<*5?&R.*X&4%'.1&D#.%&0%.19#8#X&L#.D#"*('0#&)%5'0#&(1&4%>1&/#&')%5*D
/#4%)1L(*0%Di&+"#&)*+1X&51L#(&)%5(*0&?9*&C#&0#%&91C?(<#&(#&%"%0?&K*'?&b1C*51&aII&*&^I
L%9*+1&/#&"%&%L&<#$#X&4%$1L&4%0.%(#X&0#%&/(#0&(#$%P*"1&/#V)#.(%'"*&(#/*)&F†  & 
‚ 
F&U&"$1Q#&0%V%$"#&-#.D#"*(#<#&(%'*.#&51X&/9%C&/#'.?C#X&4%P#'(1&(#/*)1&F  
v &*& &‚ 
F

[4$#)#&?&U.*$*0?&(*51&9*.#&'&4%P1"0#&51L*('")1(#i&"10&%L&&C%L&4$1&:$&4$1+.%&51&<1.%
4%L$?P51&4%L&<#$'0?&).#'"X&L#&9*&'1&D%C.#&'4$%)%L*"*&+"%&(14%'$1L(*5#&*&51L(%%9$#/(*5#
)%5(*P0#&*&?4$#)(#&4%.*"*0#&3%+"%&51&9*%&'#).#L#(&)1.*0*&;#"%(%)&?'"#(#0X&9*&U.*$*0
$#/L1J1(&?&L)#&L1.#X&?&C%$8*&*&L%8*&M%$8*&E
  &   &I  G&4%'"#L1&-#.D#<*5#X
#&L%8*&3#(%(*5#&B#%&<#$'0#&4%0$#5*(#&%(#&*D#&(#&P1.?&<#$'0%C&(#D1'(*0#X& 
&m

 &  X&?&P*(?&0%(/?.#i&"#5&51&P*(&/#L$S#(&*&0#'(*51X&*#0%&%L&,&C%L&)*+1&(*51&*D#%
%9#)1/(*&9$%5&%L&L)1&.1C*&/#&')%5?&F0%(/?.'0?&)%5'0?F&E  
&
 
G&!&5#P#81D
$%D#(*/#<*51&*&+*$181D&$*D'01&).#'"*&-#.D#<*5#&'1&$#P?(#.#&0#%&'*C?$(#&*&4%'"#.#&51
   &  
&B#L&51&L1J1(X&U.*$*0&51&*D#%&,&.1C*5#&)%5'01i&?&'#D%5&-#.D#<*5*X&4%'.1
4%L1.1X&'"#<*%(*$#.1&'?&L)1&.1C*51X&*&"%&(1&)*+1&(1C%&4%.#&)10#&`L&"#L#&'?&'1&?&/1DJ*


 

 ,
(#.#/*.1&4$*)$1D1(%&4%&0%5#&.1C*5#&*&$#/(*&4%D%Q(*&%L$1L*&H%&51&(#59%J*&L%0#/&0%.*0%&51
4$%<1'&4#<*N*0#<*51&9$/%&(#4$1L%)#% 
-$?C%&)$.%&)#S(%&'$1L'")%&/#&'D*$*)#81&/1DJ1&91+1&L%9$%&%$C#(*/%)#(#&D$1S#&4?"1)#&O%+
<#$&R)C?'"&4%P1%&51&'#&8*V%)%D&C$#L8%DX&L#&9*&)%5'<*&0$%/&L#.D#"*('01&*&V1$<1C%)#P01
)$.1"*&%.#0+#%&4?"X&L%)%/&V$#(1&*&L$?C1&4%"$19(1&9%5(1&'4$#)1X&#&4%'.1&81C#&(#'"#)*+1&"#5
4%'#%&'&*'"%D&1(1$C*5%D&H*91$*51&*&B.#?L*51&M.#)(#&<1'"#&4%.#/*&*/&R0)*.151&*&*L1&L?S
-*(#$'0*V&R.4#&')1&L%&!0#L$#X&%L)#5#5?Q*&'1&51L(*D&0$#0%D&/#&!*'#0X&L$?C*D&%L&!#.%(1&L%
!#)1&E0%L&M$#L*+01G&*&"$1Q*D&%L&T#$%(1&(#&-$*(?&3%$1L&!#)1&*+#%&51&)1.*0*&4?"&%L&fD%(1
*&!*'0#&(#&!*$D*5&*&L#J1&4$1D#&D%$?X&V)#"#5?Q*&'4%$1L(*D&4?"1)*D#&C.#)(#&D1'"#
4%51L*(*V&%9.#'"*&3?"1)*X&0%5*D#&91+1&<*J&L#&9?L?&+"%&0$#Q*X&"$#'*$#(*&'?&91/&D(%C%
%9/*$#X&(*'?&9*.*&(*D#.%&4$*5#"(*&*&4$%D1"&'1&(#&8*D#&)$+*%&'&D(%C%&(#4%$#&B#%&"*4&"#0%
(14%C%L(1&<1'"1X&(#&0$+1)*"?&"1$1(?X&'&)1.*0*D&'"$D1(*D#X&(1%"1'#(1&*&(14%0#.L$DJ1(1X
D%S1&'.?S*"*&4$?C#X&+"%&51&)%L*.#&*/&Y#'"1.%M$#9#X&4$10%&4.#(*(1&B#D1(*<1X&?&L%.*(?
[(<#&M.#)(1&<1'"1&+"%&'?&)%L*.1&0$%/&?(?"$#+8%'"&:1$<1C%)*(1&*&;%'(1&91V?&%)1&U/
f4*L#?$#X&/#&)$1D1&<#$#&B.#?L*5#X&'#C$#>1(&51&4?"&?&?(?"$#+8%'"&0$%/&b?P*(&-%&*&=%0$%
3%J1&4$1D#&H$19*8?&=%SL#&51&%L#".1&)%L*%&*&L#J1X&0#%&L%<(*5*&L?9$%)#P0*&0#$#)#('0*
4?"X&#.*&%L&81C#&(1D#&#4'%.?"(%&(*0#0)*V&"$#C%)#&U/&T#$%(1&*+#%&51&51L#(&4?"&?
T1)1'*8'0%&3%J1X&?&5%+&(1%L$1>1(%&D1'"%&R/*/*?DX&#&%L#".1&(#&-$*(?&O1L#(&)#S#(&$*D'0*
4?"&4%.#/*%&51&?/&T1$1")?X&4#&L1.%D&4$10%&-?9$#)#&*+#%&4$1D#&!"%<?X&#&L1.%D&D%'"#$'0*D
4%J1DX&CL1&51&%'"#)*%&(10%.*0%&"$#C%)#X&*&(#'"#)J#%&'1&4$10%&3%$*D#&*&;*51.1&4$1D#&U.*Z*X
#&%L#".1X&4$10%&Y%D#(*51X&*&%41"&(#&-$*(?&H$1Q*&4?"&(#&*'"?&$10?&L%.#/*%&51&%L&!#.%(1&*
-?D(#X&4$10%&'"#$1&*&(%)1&;*'"?1&*&4$10%&'#$#51)'0%C&4%J#&K$1L*&*'"#0(?"*X&L#&51&51L#(&%L
(#5'"#$*5*V&4?"1)#X&$#>1(&7&C%LX&)%L*%&%L&!#.%(1&L%&(10%C&9.*S1&(14%/(#"%C&0#'"1.#
-1/*"*#"#&?&K$V9%'(*
&;%'#('0#&B$#5*(#&9*.#&51&'4%51(#&%L&;?$(?D#&*&b?L$?D#&4$10%
31"$%)<#&'&51L(1&'"$#(1&'#&Y1"*(*?D%D&*&=1"?.%DX&#&'&L$?C1&'#&!"$*L%(%D&!"1<*+"1&"*V
4?"1)#&91+1&?&!*'0?&H1&<1'"1&?&L%.*(*&9*.1&'?&9%J1X&'#&L%9$%&'4$1DJ1(*D&4%L.%C#D#&*
(#'*4*D#&*&%LC%)#$#5?&4%"4?(%&"#0%/)#(*D&D#0#L#D4?"1)*D#&!*'#0&51&9*%&'4%51(&'
-?9*<%D&51L(%D&<1'"%DX&0%5#&4%'"%5*&5%+&*&L#(#'X&#&)%L*&0%'%D&9$1S?J#0#&*/&-?9*<1&4$10%
;#Q*(#X&["%.*<1&*&=1D*('01&3$1D#&"%D&'?&'1&Y*DJ#(*&?0.#8#.*&9.*/*(*&!#)1&*&81/*(1
L%.*(1X&0%5#&51&P1'"%&9*)#.#&4%L&)%L%D

!)*&"*&4?"1)*X&*/C$#>*)#(*&%L&IIa&)10#X&*D#5?&%9*P(%&')%51&D*J%0#/1&4%&0%5*D#&P1'"%
D%S1D%&L#"*$#"*&8*V%)%&C$#>181&*.*&%4$#)J#81&T#&C.#)(*D&<1'"#D#&4%'"%5#.1&'?&'"#(*<1
0%(/?.#$(*V&91(1N*<*#$#X&0%5*&'?X&*/C.1L#X&)$+*.*&'.?S9?&(#L/%$#&H#0)1&'"#(*<1&?")$>1(1
'?&L%'#L&0%L&;*V#Q#X&?&;#8%5&b?<*X&:#.#4*Q?&0%L&M.#D%P#X&!"%<?X&M$#L*(*&0%L&!$19$1(*<1
*&!01.#(*D#&(#&-$*(*
&\#&C.#)(*&9#.0#('0*&4?"&'&-?(#)#&?&d#$*C$#L&(#D#&'?&L%'"#&L%9$%
4%/(#"1&C.#)(1&'"#(*<1&*&P*"#)#&%$C#(*/#<*5#&\#&;%'(?X&D1>?"*DX&"%&(*51&'.?P#5X&#.*&51&)$.%
)1$%)#"(%&L#&51&9*.%&'.*P(%&?$1>181&[/&4?"&'?X&4%&"%DX&4%L*/#(1&'"#(*<1&/#&4$1(%Q*+"#
E
G&*&/#&*/D1(?&0%8#&E GX&0#%&+"%&51&5%+&?)10&%9*P#5&?&Y?'*5*&\#&P?)#81&4?"1)#&*
5#)(?&'*C?$(%'"&'.?S*.#&'?&D#.#&?")$>18#&E
 X& 
 G&*.*&'#D1&0?.1&E 
G

3%$1L&"*V&0%4(1(*V&0%D?(*0#<*5#&Y*DJ#(*&'?&%9*.#"%&*'0%$*+Q#)#.*&*&)%L1(1&[&(#+*D
0$#51)*D#&%(*&'?&*D#.*&)$.%&S*)?&4.%)*L9?&4%&T1$1")*X&')1&L%&j*"%D*+J*Q#&T#&'1)1$?
'.?S*.#&*D&51&)%L%D&9%C#"*5#&!#)#X&4%&0%5%5&'?X&?&')%5*D&D%(%0'*.*D#X&$1)(%&4.%)*.*&*
'"#$*5*&'"#(%)(*<*&[&fD%(*&Eh?9J#(*G&%'"#%&51&P#0&51L#(&'4%D1(*0&51L(1&.#>#$'01&'#)'01
%$C#(*/#<*51X&  &    &K%L1(1&'"#(*<1&(#&!#)*X&?&(#+1D&4%L$?P5?X&'4%D*8?
'1&%'*D&?&!*'0?&5%+&?&!1$)*<*5?&EM$#L*+<*Gi&#&0%L&'"#(%)(*+")#&51&4%'"%5#%&*&0?."&9%C#
!#)#X&Fq
F

B#%&(#5)#S(*51&0?."?$(%&'$1L*+"1X&0%51&51&'&?'41V%D&'.?S*.%&0#%&9#/#&(1&'#D%&/#&)%5(*P01
4%"V)#"1X&(1C%&*&/#&<*)*.*/#"%$'0?&#0"*)(%'"&?&/1DJ?X&91+1&T#$%(#&(#&5?C?X&#&!#.%(#&(#
/#4#L?&R.*&?"*<#5&9.*S1&*&%L#)(%&#0"*)(*51&T#$%(#&91+1&')#0#0%&?&:1$<1C%)*(*&/(#"(%
)1Q*&;%C#"#&"$C%)#P0#&)#$%+&'#&')*D&+"%&'1&?&51L(%D&$*D'0%D&C$#L?&D%C.%&(#Q*X&'#


 

 6
N%$?D%DX&0?4#"*.*D#X&4%/%$*+"1D&*&*D4%/#("(*D&5#)(*D&/C$#L#D#&*&0*4%)*D#X&(1'?D8*)%
51&5#0%&L1.%)#.#&(#&')1&%(1&1.1D1("1X&0%5*&'?&*/&?(?"$#+8%'"*&L%.#/*.*&?&8?&]1(*&"$C%)<*X
%41"X&*+.*&'?&P1'"%&)#(&C$#(*<#&)#$%+*X&L#&L%>?&?&)1/?&'#&/#.1>*(%D&*&4%P(?&*/D1(?&L%9#$#
3$*&?'"#(0?&%L&,&C%L&*/$*P(%&'1&(#)%L*X&L#&51&0#%&4%P1"#0&(14$*5#"1J'"#)#&4$1D#
Y*DJ#(*D#&9*.%&?9*5#81&8*V%)*V&"$C%)#<#X&0%5*&'?&'1&/#"10.*&?&?(?"$#+8%'"*&U/&T#$%(1
51&)$+1(#&*&0%.%(*/#<*5#&?&?(?"$#+8%'"*&3$)#&(#&$1L?&9*.#&51&9%C#"#&C#91%'0#&L%.*(#&%0%
T1$1")1&[&8?&L%.#/1&(#$%('01&0%.%(*'"1&0#%&N*.*5#.1&"#D%+8*V&4%$%L*<#X&0#%&+"%&'?
R"*.*5*&*&3#4*5*&`L#".1X&0%.%(*/#<*5#&'1&+*$*&*&4%&%9.#'"*&L1'(1&%9#.1&T1$1")1&[
_*".?0?X&(#&;$%"8?X&?")$>1(#&51&4%$%L*<#&!#N*(*5#X&P*51&'1&C.#)(%&'1L*+"1&(#.#/*.%&?
T#$%(*

[&!#.%(*&'1&(#.#/*.%&C.#)(%&'$1L*+"1&?4$#)(*V&).#'"*&H?&51&'"#(%)#%&C.#)(*&?4$#)(*0
4$%)*(<*51X&F?)*510&51L#(&9*)+*&0%('?.FX&0%5*&%L&&C%L&*D#&'.?S91(*&(#/*)&F 

m
 & &  FX&#&%L&III&)10#&F 

&   F&\#&)$1D1&<#$#&-*%0.1<*5#(#X&0%5*&51
4%P1%&"?&?&9.*/*(*&4%L*/#"*&')%5&)1.*P#('")1(*&L)%$X&C$#L&4%'"#51&51L(%&%L&4$)*V&D1'"#
P*"#)1&L$S#)1&!4%D1(&(#&-*%0.1<*5#(#X&0%5*&51&*&?D$%&"?X&AA&C%LX&*&9*%&'#V$#81(&?&')%D
D#?/%.15?X&4$1")%$1(%D&L%<(*51&?&'"%(?&<$0)?X&%P?)#(&51&?&(#$%L?&%(%C&0$#5#&')1&L%&L#(#'&*
4$1+#%&51&L%<(*51&*&(%)%(#'1J1(*D&!.%)1(*D#
&!#.%('0*&(#D1'(*0&*D#%&51&')?&).#'"&?
')%5%5&$?<*&U(#P1&?4$#)#&51&9*.#&4%L1J1(#&?&"$*&%0$?S5#X&F
FX&'#&C.#)(*D&D1'"*D#
!#.%(%DX&T#$%(%D&*&!0#$L%(%D&E!0$#L*(%DG&`L&-*%0.1<*5#(%)#&)$1D1(#&L1.*&'1&C$#>#('0#
).#'"&%L&)%5(*P01&EFFG&T#D1'(*0&51&*D#%&L#&'#D&*.*&4$10%&')%C&/#'"?4(*0#&$1+#)#&'?L'01
4#$(*<1&(#&0%()1("*D#&[&#$9#(#+0%D&5%+&?)10&FÀ F&%/(#P#)#&L%C%)%$1X&#&F?&+*$1D
'D*'.?&/(#P*&5%+&*&C%)%$X&$*51PF&H%&51&L%+.%&'&"%C#X&+"%&51&$#'4$#)J#81&(#&0%()1("?&9*.%
5#)(%&*&+"%&'?&4$*&'?>18?&?P1'")%)#.*&0#%&(10#&)$'"#&4%$%"(*0#&*&J?L*&*/&(#$%L#
B%()1("1&'?&'#P*8#)#.#&9$#"'")#&EF FG&0#%&(10#&)$'"#&(1&'#D%&"1$*"%$*#.(%
4.1D1('0*VX&(1C%&*&#LD*(*'"$#"*)(*V&51L*(*<#&!)#&51&4.1D1(#&%0?4J#%&/#51L(*P0*&)1$'0*
/9%$&F FX&%L&0%5*V&'?&?&-#.D#<*5*X&%9*P(%&')#01&C%L*(1X&%L$S#)#(#&4%&L)#X&51L#(&(#
'1)1$?X&?&!0$#L*(?X&#&L$?C*&?&f4*L#?$?&!)#0*&C$#L&*&')#0%&4.1D1&*D#.%&51&"?&4%&51L(%C
4$1"'"#)(*0#X&*/D1>?&0%5*V&51&')#01&C%L*(1&9*$#(&4$1"'1L(*0X&0%5*&51&*D#%&"*"?.?
F')1+"1(*0#&4$%)*(<*51F&*.*&F
 
&& &m
 F&H*&/9%$%)*&9*.*&'?X&?
#LD*(*'"$#"*)(%D&4%C.1L?X&*/&4%P1"0#&)*+1&(10#&)$'"#&4%0%$(%C&"1.#X&0%51&51&*D#.%&L#&9*$#
9.#C#5(*P01&P*(%)(*01&*&+#J1&4%0.%('")1(1&4%/L$#)1&(#D1'(*0?&*&<#$?X&*&"10&L%<(*51
4$*')%5*.*&'?&'19*&4$#)%X&L#&'1&D%C?&"?S*"*&(#&$>#)%&P*(%)(*+")%&*&L#&4%'"#(?&"#0%&51L(#
)$'"#&?4$#)(1&0%("$%.1
!#D#&/1DJ#&9*.#&51&4%L1J1(#&?&')%51&%4+"*(1X&  
&E'$&%L#".1&*D1&d#)"#"G&]*D#&51&?
4$)%&)$1D1&9*%&(#&P1.?&(10*&$*D'0*&P*(%)(*0X&#&L%<(*51X&0#L&'1&/1DJ#&(#)*0.#&(#&$*D'0?
).#'"X&*&L%D#Q*&J?L*&3%$1L&"%C&4%C.#)#$#X& 

X&4%'"%5#.%&51&S?4'0%&)1Q1X&'#'"#)J1(%
%L&(#5?C.1L(*5*V&L%D#Q*(#&E  
GX&(101&)$'"1&(#$%L'0%C&4.1D'")#&EF0?Q*Q*FX
F%Z#0%)*Q*FG&M.#)(%&D1'"%&"#0)1&51L(1&4.1D1('0%#LD*(*'"$#"*)(1&S?41&9*%&51&C$#LX

 &FY*D'0#&L$S#)#X&(*0.#&*/&51L(%C&C$#L#X&51'"1&L$S#)#&C$#L%)#X&'#)1/&C$#L'0*V
%4Q*(#&'#&'D51$%DX&L#&?&4%L5#$DJ1(*D&4%L$?P5*D#&?)1L1&C$#L'0?&%$C#(*/#<*5?&D51'"%
(#$%L(*V&*.*&S?4(*V&%4Q*(#F&[&-#.D#<*5*X&CL1&51&'*'"1D&C$#L%)#&9*%&)*+1&$#/)*51(X&"#5&51
4$%<1'&*+#%&D(%C%&9$S1&(1C%&?&;%'(*X&CL1&'?&C$#L'01&%$C#(*/#<*51&9*.1&L%'"#&$1"01&Y*D&?
"%D&4$#)<?&(*51&V*"#%&!#D&'*'"1D&C$#L'0*V&%$C#(*/#<*5#&9*%&51&L)%5#0&0%.%(*5#.(*&*
D?(*<*4#.(*&o*'"1.&L1&B?.#(S&51&.14%&$#/.%S*%X&0#0%&Y*DX&%')#5#5?Q*&(%)1&%9.#'"*&*
(#$%L1X&(*51&%LD#V&4$*'"#5#%&L#&*V&4$*D*&?&')%51&C$#>#('")%X&  
& X&(1C%&?&')%5?
L$S#)?X&  & 
&3$#)%&C$#>#('")#&'1&*D#.%&'"*<#"*&"10&4%'"141(%&B%.%(*51
'?&9*.1&4%"4?(%&4%&"*4?&*&'#&')*D#&4$#)*D#&$*D'0%C&C$#L#X&L%0&51&?&D?(*<*4*5*D#&%'"#.%
D(%C%&%L&L%D#Q1&"$#L*<*51&`L&0%.%(*5#&4%/(#"%&*V&51&'#D%&41"&?&3$*D%$5?&!#.%(#X&O#L1$#X
T#$%(#X&f0)?D&*&f4*L#?$&*&')1C#&L)1&?&?(?"$#+8%'"*&†  &v
&?&L#(#+8%5&Y%C#"*<*&*
D%SL#&51L(#&(14%/(#"%C&*D1(#&?&9.*/*(*&U.*Z1&0%L&!#$#51)#&=?(*<*4*5*&91V?&(#&(#+1D
4%L$?P5?&%)*&;*'"?1&'"#$#&E?&K#$)#$*&(#&*/)%$?&Y#D1G&*&(%)#&E?&\1(*<*GX

&0%51&'?&L%9*.1


 

 @
C$#L'0%&4$#)%&)1Q&?&I&)10?&%L&<#$#&H*"#&o.#)*5#&K1'4#/*5#(#&*.*&81C%)*V&(14%'$1L(*V
(#'.1L(*0#i&L#J1&!#.)*?D&*.*&!#.)*51&EM$0%)<*X&?&.*)#8'0%D&4%J?X&*.*&;#'"#'*G&0#%&C$#L
)1Q&%0%&67&CL&4%&:$&O1L#(&D?(*<*4*5&'1&(#.#/*%&*&(#&4%L$?P5?&C.#D%P0%C&4%J#X&?&;%$0?
*.*&0%L&:#.#4*Q#X&51$&51&%P?)#(&14*"#N&51L(%D&81C%)%D&F   F
&T1L#)(%&51X&(#&%'(%)?
51L(%C&(#>1(%C&(#"4*'#X&?")$>1(%&L#&'1&D?(*<*4*5&-*.?("?D&(#.#/*%&?&H$19*DJ?
EJ?9*8'0*&'$1/G&H%&51&9*.#&4$)#&'"#(*<#&*/&T#$%(1&?&?(?"$#+8%'" &Y?L(*P0*&C$#L
-%D#)*?D&0%L&!$19$1(*<1&9*%&51&(#54$1&D?(*<*4*5X&#.*&51X&'#&$#/)*"0%D&')%C&$?L(%C
9%C#"'")#X&'$1L*(%D&III&)10#&4%L*C(?"&(#&0%.%(*5?&H?&'1&(#.#/*%&*&C.#)(*&?$1L&/#&')1
'$19$1(1&$?L(*01&P*"#)1&-#.D#<*51&*&3#(%(*51&M$#L'0%&4$#)%&?&:1$<1C%)*(*&*D#.#&'?
-1.D*(*?D&&-?D(%X&M$#L#<&0%L&3%'?+5#&*&!"%.#<X&0%5*&51&?&$*D'0%&)$1D1&9*%&)$.%&9%C#"#
)#$%+&K1$%)#"(%&51&9*.%&5%+&*&L$?C*V&C$#L%)#X&0#%&!#.*(1&EH?/.#G&*&L$X&#.*&'1&%(*&0#%
"#0)*&*.*&5%+&(1&D%C?&4%"4?(%&'*C?$(%&?")$L*"*X&*.*&'1&(1&L#5?&9.*S1&.%0#.*/%)#"*
[4$#)?&"*V&C$#L'0*V&%4+"*(#&'#P*8#)#V?&L)#&(#P1.(*0#X& X&*&"%&0#%&4%P#'(*
N?(0<*%(1$*X&*D#5?Q*&4%$1L&#LD*(*'"$#"*)(*V&4%'.%)#&*&'?L'0?&).#'"X&U'"%&"#0%&4%P#'(%
/)#81&*D#>#V?&*&1L*.*X&0%5*&'?&)$+*.*&(#L/%$&(#L&"$C%)*D#&*&C$#L8#D#&*&9$*(?.*&'1&/#
5#)(?&91/91L(%'"&;.#C#5(?&'?&)%L*.*&0)1'"%$*X&#&%'"#.1&'.?S91&%9#)J#.*&'?&%4+"*('0*
$%9%)*&B%("$%.?&(#L&P*"#)*D&4%'.%)#81D&)$+*%&51&%4+"*('0*&'#)1"X& & X
'#'"#)J1(&%L&77&P.#(%)#&H%&'?&9*.*&(#5?C.1L(*5*&J?L*&D1'"#X&%L&0%5*V&'1&)$1D1(%D
'")#$#V?&C$#L'0*&4#"$*<*5*&B#%&$1)(*&C$#>#(*&4%0#/?5?&'1&(#&'.%9%L?&4?+"1(*&$%9%)*X

 
X&0%5*&$#L%D&L%.#/1&L%&4$*.*P(#&9%C#"'")#&F[&T#$%(*X&0%5#&51&9*.#&/#&(#+&4$%D1"
%L&%'%9*"1&)#S(%'"*X&*'"#0.*&'?&'1&%(*&*/)#($1L(%&S*)*D&'D*'.%D&/#&%4Q1&'")#$*F
!.?S91(*&51/*0&9*%&51&?)10&'#D%&.#"*('0*i&F/#"%&'?&C$#L%)*&*&9*.*&?/&)%5'0?&(#5)#S(*5*
$%D#(*/#"%$*&4$%)*(<*5#F
U&4%&')%D&'4%J#+81D&%9.*0?&C$#L%)*&'?&"1S*.*&L#&'1&*/51L(#P1&'#&*"#.'0*D&3%'"%5#%&51
‚ &'#&%4+"*('0%D&/C$#L%DX&C%)%$(*<%D&E 
 G&*&0*4%)*D#&<#$1)#&*&L$?C*V&L$S#)(*0#
T#5'"#$*5*&N%$?D&?&(#+%5&/1DJ*&91+1&%(#5&?&-?D(?X&4%L*C(?"&)1Q&@&C%L&4%&:$&M$#L%)*
*D#>#V?X&L#J1X&V$#D%)1X&0?4#"*.#&E51L(%&)$.%&.14%&*&4$%'"$#(%&%"0$*)1(%&51&?&M$#L*(*&0%L
!$19$1(*<1G&*&)%L%)%L1&O1L#(&)1.*0&L1%&D#"1$*#.#&%L&"#0)*V&C$#>1)*(#&(#>1(&51&4%&')*D#
0$#51)*D#&;%'(1&*&:1$<1C%)*(1&?&+*$%0%D&$#/L%9J?&%L&I&Ia&)10# &K#S(%&51X&D1>?"*DX
(#C.#'*"*X&L#&'1&51L#(&L1%&C$#>1)(%C&D#"1$*5#.#X&4%C.#)*"%&<*C.#X&L?C%&)$1D1(#&?)%/*%&*/
U"#.*51i&(#$%P*"%&'?&P1'"1&D#$01&<#$'01&<*C.#(1&3#(/*5#(1X&0%51&'?&*/&U"#.*51&4$10%&!#.%(1
*&(#$%P*"%&T#$%(1&L%4*$#.1&L?9%0%&?&?(?"$#+8%'"X&?&-?D(%X&h?9?+0*X&=%'"#$&*&!"%.#<
B#'(*51&"10&4%P1.1&'?&'1&L*/#"*&<*C.#(1&*&?&(#+%5&/1DJ*X&%L&0%5*V&'?&)#S(*51&L)1&)%5(*P01X&?
:?D<?&*&K1.*0%5&B.#L?+*X&*&4$*)#"(1&?&3%"%<*D#&0%L&=%'"#$#X&?&!#$#51)?X&?&!01.#(*D#&(#
-$*(*&*&L$?C1 
B#0%&)1Q*&L1%&%P?)#(*V&)%"*)(*V&'4%D1(*0#&?&;%'(*&*&:1$<1C%)*(*&4%"*P1&%L&"?>*VX
$*D'0*VX&0%.%(*'"#X&"%&51&4$*$%L(%&L#&51&(#&8*D#&'4%D1(&%&L%D#Q*D&9%S#('")*D#&)$.%
$1L#0&R.*&(1+"%&"$#C%)#&%'"#.%&51&*4#0&?&'4%D1(*<*D#&4%.?$%D#(*/%)#(%C&L%D#Q1C
1.1D1("#&*&"%&(#D&L#(#'&%D%C?Q#)#X&L#&9#$&L1.*D*P(%&L%/(#D%&(1+"%&%&)1$*&#?"%V"%(%C
'"#(%)(*+")#&U.*$'0*&9%C&$#"#&=1L#?$?'&')#0#0%&51&0%L&"%C&$#"(*P0%C&4.1D1(#&9*%&)*'%0%
+"%)#(&*&81C%)&0?."&51&*/&*.*$'0*V&%9.#'"*X&%L&)1$(*V&4%0.%(*0#X&4$1(%+1(&P#0&L%&RN$*01
B%L&O#4%L#X&(#&)$1.?&3$*)*.*<1X&(#>1(%&51&P*"#)%&')1"*+"1&;*(L?'#X&9%C#&*/)%$#&*&$10#X
P*5*&'1&0?."&4%'.1&*/D1+#%&'#&0?."%D&3%'1*L%(#T14"?(#&3%'"%5*&D*+J181X&L#&'?&*D1(#
b*91$#&*&b*91$1X&L#$%)#"1J#&)*(#X&%9?V)#"*.#&*&/#D1(*.#&L)#&L%D#Q#&9%S#('")#&[
Y%C#"*<*&4%'"%5*&51L#(&(#"4*'&~  &l &FUD1&9%C#&R$D#"#&(*51&$*D'0%X&(1C%&'#D%
$%D#(*/*$#(%&B#0)%&D?&51&9*.%&L51.%)#81&(*51&5%+&4%/(#"%X&51$&'1&L%'#L&'4%D*81&'#D%&(#
L)#&S$")1(*0#&?&j?4#8<?F&\#(*DJ*)%&51X&L#&51&(#$%P*"%&?&:1$<1C%)*(*X&?"*<#51D
*'"%P8#P0*V&0%.%(*'"#X&9*%&)1%D#&$#/)*51(&0?."&41$/*'0%C&9%C#&'?(<#X&=*"$#'#&*.*&=*"$1
R.*&'1&81C%)*V&'4%D1(*0#&(#+.%&*&?&;%'(*X&?&%L#)(%&)#S(%D&*&S*)%4*'(%D&O#5<?X &*
9.*/?&;*V#Q# &U'"%P8#P0%C&51&4%$10.#&*&0?."&:1$D1'#&F4'*V%4%D4%'#FX&0#%&)%>1&D$")*VX
P*5*&'1&51L#(&'4%D1(*0&P?)#&?&<$0)*&V1$<1C#&!"514#(#&0%L&M%$#SL# 


 

 
K$1D1(%D&51X&(#$#)(%X&4%P1%&L#&4$1).#>?51&$*D'0*&?"*<#5X&+"%X&?&%'"#.%DX&(#59%J1&4%0#/?5?
4%D1(?"*&'.?P#51)*&R$D#"#&*&b*91$#X&*&(#$%P*"%&%L&III&)10#&0?."&!*.)#(#X&9%C#&+?D#X
Eq  &


GX&0%5*&51&9*%&(#$%P*"%&4%4?.#$#(&?&+?D#D#&9%C#"*D&%9.#'"*D#&/#4#L(1
;%'(1X&#&4%'19(%&?&C.#D%P0%D&0$#5? &[/&"%&'1&5#)J#&*&9%C*8#&-*5#(#X&0%5#&?&')%5*D
'0?.4"?$#D#&*D#&0%L&(#'&(1P1C&)#$)#$*/%)#(%C
3%$1L&)%5(*P0%C&*&#LD*(*'"$#"*)(%C&?&;%'(*&51&$*D'0*&?"*<#5&(#$%P*"%&+*$*%&*&"$C%)#P0*
1.1D1(#"&`(&'1X&?&%'"#.%DX&5#)*%&(#5$#(*51&*&?&'")#$*&L%)1%&*&?&)1/?&*&?&'?0%9&%9#&4%L$?P5#
U"#.'0*&"$C%)<*&4$%"?$#5?&')%5?&$%9?&4%&;%'(*&5%+&?&"#D(%&L%9#&4$1V*'"%$*51&*&4$*$%L(%&51
L#&'#LX&?&)$1D1&')%51&).#'"*X&"#5&4$%D1"&4%5#P#)#5?&L%&(#5)*+1&D%C?Q*V&C$#(*<#&R$"*0.*X
0%51&%(*&?&D#'#D#&?)%/1X&51'?&4%$1L&<*C.1&5%+&(#$%P*"%&#DN%$1&E?&T#$%(*&*&L#(#'&'1&D%C?
)*L1"*&P*"#)#&'"%)#$*+"#GX&)1%D#&4%"$19(1&0#%&4%C%L(*&'?L%)*&/#&)*(%&*&?J1&-%<(*51
$*D'0#&01$#D*0#&4%"*'0?51&C$P0?X&#&01$#D*P0*&4$%*/)%L*&L$?C1&)$'"1X&0#%&')1"*J01X&*/C.1L#
?&C.#)(%D&51L*(%&L#&'?&*&L%.#/*.*&*/&*"#.'0*V&$#L*%(*<#&U/&U"#.*51&'1X&L#J1X&?)%/*.%&*
'"#0.%&*&81C%)1&*/$#>1)*(1X&*&"%&?&/(#"(%5&D1$*&[)%/&N*9?.#&4%/(#"&51&9*%&%L&$#(*51
K1$%)#"(%&51X&L#&51&*&51L#(&L1%&(#0*"#&*&L#&'?&.14+*X&?/%$(*&4$*D1$<*&%L&$#/(*V&D1"#.#
4%"*<#.*&'#&"#.*5#('0*V&'"$#(#&U/&(#+*V&/1D#J#&*/)%/*.%&'1&4%(#5)*+1&L$)%X&/#"*D
D.1P(*&4$%*/)%L*&*&(#5/#L&S1.1/%&!4%D*81&'1&*&*/)%/&'*$#X&P*51&'4$1D#81&*&L#(#'&*D#
D(%C%&#$V#*P(%C&*&"*4*P(%&.%0#.(%C&!&D.1P(*D&4$%*/)%L*D#&%P*"%&51&?&)1/*&'"%P#$'")%X
0%51&51&9*.%&'"#.(%&51L(%&%L&C.#)(*V&/#(*D#8#&9%'#('0%V1$<1C%)#P0%C&'"#(%)(*+")#&`
81D?&*&%&9%C#"'")?&%)*V&0$#51)#&?&'"%<*&4%'"%5*&P*"#)#&.*'"#&(#)%L*&*/&')*V&)10%)#
V*'"%$*51i&?&%'"#.%DX&L%'"#&51&(#)1'"*X&L#&'1&'#D%&*D1&-1.D#<*51&"?D#P*&4%5D%D& -
3

[/&'"%0?X&0#%&*/)%/(*&4$1LD1"*X&*+.1&'?&)?(#&&?&!#.%(*&51&4%'"%5#.#&$*D'0#&$#L*%(*<#&/#
)?(?&&*&0%S1&K?(1(#&V#J*(#&*.*$'0#&4$1+.#&51&P#0&?&%9*P#5&0%L&Y*DJ#(#&*&4%L&*D1(%D
  X&?&L$?C%5&N?(0<*5*X&%L$S#.#&'1&?&$*D'0%5&<$0)*&')1&L%&(#+*V&L#(#
`L&II&)10#&4%&:$&(#$%P*"%&'1&$#/)*.#&$?L#$'0#&4$%*/)%L8#&]1&51&')#0#0%&9*.%&(1+"%&*
$#(*51&4$1&Y*DJ#(#&3%/(#"#&51&$?L#$'0#&$14?"#<*5#&4.1D1(#&3*$?'"#&[&$?L(*0?&#(L1/*"#
O#$D%)<?&0%L&3$*9%5#&$#L*.%&'1&)1$%)#"(%&4$1&$*D'0%C&)$1D1(#&H?&51&%P?)#(&51L#(&4$?C#'"*
0#D1(*&P10*QX&0%5*&9*X&'#&%"'?'")%D&$#(%C&$?L#$'0%C&#.#"#X&C%)%$*%&?&*/)1'(%5&D1$*&/#&"%

;%C#"#&L%.*(#&!#(1&10'4.%#"*'#(#&51&?&L%'"#&)1.*0%5&D1$*&"%0%D&III&*&Ia&)10#i&?&85&'1
(#.#/*.#&C)%/L1(#&$?L#P#&?&(1%9*P(%&)1.*0*D&0%.*P*(#D#&RLD*(*'"$#"*)(%&'$1L*+"1&9*.%
51&;*+1)%&0%L&!"#$%C&=#5L#(#&T#5)#S(*51&/.#"(%&4%J1&(#.#/*.%&?&#.?)*?D?&0%L&M%$81C
K#0?N#&H?&?&9.*/*(*&51L(#&$1P*<#&(%'*&5#'#(&(#/*)&\.#"(%C&3%"%0#&-#&'?&Y*DJ#(*&$#/)*.*
"?&')%5&$#L&*D#&(1'?D8*)*V&L%0#/#X&#.*&51&)$.%&)1$%)#"(%&L#&51&*'4*$#81&/.#"#&*/&K$9#'#
4%P1.%&*&4$1&8*V&B%L&3.*(*5#&51&%P?)#(#&')#0#0%&4$1"1$#(#&)1'"X&L#&51&%)L1&/#&T1$%(%)#
)$1D1(#&L(1)(#&4$%L?0<*5#&/.#"#&*/(%'*.#&(#&27&N?("*&T#$%P*"%&'1&10'4.%#"*'#.%&'$19$%D
*/)#($1L(%&9%C#"%&D1'"%&-%D#)*?D&*.*&-%D#)*#X&0%51&51&0$%/&P*"#)%&)$1D1&9%'#('01
V*'"%$*51&9*.%&%L&4$)%$#/$1L(%C&/(#P#5#&H%&51&4%L$?P51&!$19$1(*<1X&%L#)(%&/)#(1
m  &`)L1&'1&$#/)*.%&$1.#"*)(%&*D?Q(%&$*D'0%&(#'J1&B%.*0?&D?&5&)#S(%'"&L#)#.#
$*D'0#&?4$#)#&)*L*&'1&(#59%J1&4%&"%DX&+"%&51&%)L1&?'"#(%)J1(%&'1L*+"1&C.#)(1&L#.D#"*('01
?4$#)(1&).#'"*&/#&$?L%0%41&E   &  &r  &&x   G&;%C#"%&(#'1J1
$?L#$'0%&$#/)*.%&'1&*&?&'?'1L(*D&!01.#(*D#&-%D#)*?D&51&$#L*%*&?&Ia&)10?X&#&$*D'0*V
(#'.1>#&%'"#.%&51&*&L%<(*51&'?L1Q*&4%&0%("*(?*$#(%5X&(1'.%)1('0%5&0?."?$*
'"#$%V$*+Q#('0*V&'4%D1(*0# 
B#%&/#(*DJ*)&L%0?D1(#"&$*D'0%C&0?."?$(%C&?"*<#5#&*&*/)1'(1&4%"$191&/#&9%J*D&S*)%"%D
4%'"%51&%'"#<*&51L(1&)1Q1&/C$#L1&/#&0?4#81&(#&U.*Z*&0%L&!#$#51)#&'#&?0?'(%&$#>1(*D
D%/#*<*D#&*&(#0*"%D&(1'?D8*)%&%"D1(*51C&"*4# &T#&51L(%D&'4%D1(*0?X&4%L*C(?"%D&?
P#'"&<#$#&-*%0.1<*5#(#X&%P?)#(%&51X&9#$&?&4%.#X&*&*D1&"%C&D1'"#&F 
& &mÈ &qF&3%
$*D'0%D&%9*P#5?&.10%)*"1&)%L1&*&D1'"#&8*V%)#&L%9*5#.*&'?&(#/*)&mÈ&'&(10%D&9.*S%D
%/(#0%D&`)L1&51&"#&%/(#0#&'#D%&(#C%)1+"1(#&'.%)%D&q&F!?L1Q*&4%&(#>1(%D&$*D'0%D&(%)<?
9#8#&51&9*.#&4%L*C(?"#&(#5L#J1&4$*&0$#5?&4$)%C&'"%.1Q#&4%'.1&:$*'"#X&#&4%'"%5#.#&51&L%
P1")$"%C&'"%.1Q# &Y*DJ#(*&'?&*D#.*&')%5#&(#'1J#&*&?&B*'1J#0?&0%L&!#$#51)#&*&81C%)%5


 

 27
%0%.*(* 
H#5&?(?"$#+8*&4$%<1'&$%D#(*/#<*51&U.*$#&(*51&9*%&51L(#0&(#&')*D#&'"$#(#D#
3$*'"?4#P(*51&3$*D%$51&'#&P*"#)*D&(*/%D&$1.#"*)(%&L%'"#&9$/%&$#/)*51(*V&C$#L%)#&L%9*.%
51&(#'0%$%&*&$%D#('0*&"*4&*&$%D#('0*&0#$#0"1$X&L%0&51&"1S1&4$*'"?4#P(#&?(?"$#+8%'"
%'"#5#.#&?&')%D&D#81)*+1&4$*D*"*)(%D&'"#8?&*&'#&)$.%&D#.%&D1+#(*D&L%D#Q*D
'"#(%)(*+")%D&Y*D'0#&41(1"$#<*5#&'#&')%5%D&0?."?$%D&*+.#&51&'#D%&?/&0%4(1(1&*&)%L1(1
4?"1)1&*&%0%&D1'"#&P*5*&51&4$*)$1L(*&/(#P#5&/#'.?S*)#%&4%'19(?&4#S8?&!.*P(%&51&9*.%&*
D1>?&H$#P#(*D#&?&;?C#$'0%5 &R.*X&0#0%&51&$*D'0#&).#'"&"$#5#.#&)$.%&L?C%X&41"&4?(*V
)10%)#X&%(#&51&*4#0&?&"%.*0%D&)$1D1(?&%'"#)*.#&5#0#&"$#C#&*&(#&0$#5?&'1&D%$#.#&%'1Q#"*&9#$&?
(10*D&4$#)<*D#&U/C.1L#X&L#&51&"%&(#$%P*"%&)*L(%&0%L&?"*<#5#&)%5'01&B$)#)*&D1"1S*X&0%51&'?
%L&II&)10#&4%P1.#&L#&*/#/*)#5?&4%D1$#8#&(#$%L#&?&'$1L8%5&f)$%4*&*&$*D'0#&/#)%51)#8#&4$10%
C$#(*<#&-?(#)#i&?4#L*&M%"#&?&9#.0#('01&4%0$#5*(1&*&8*V%)*&(#4#L*&*&(#&*.*$'01&/1DJ1i
%4+"#&?/#)$1.%'"&(#&)$V%)*D#&$*D'01&?4$#)1X&CL1&51&'0%$%&')#0*&)%5'0%)%>#X&91/&D(%C%
'0$?4?.#X&?/*D#%&<#$'0?&).#'"&*&'")#$#%&4%D1"8?&*&'.#9*%&'(#C?&L$S#)1i&&')1&"%&*/#/)#
$#"%9%$(#&*.*$'0#&4.1D1(#&(1&)*+1&L#&4%0?+#)#5?&%'.%9%>181&%L&$*D'01&?4$#)1X&(1C%&L#
0#%&81(*&.1C*%(#$*&?>?&?&4$)1&$1L%)1&9%$91(*V&'"$#(#0#&*&L#&')%5*D&%L.?0#D#&?"*P?&(#
%4$1L1J*)#81&(#5)1Q*V&L$S#)(*V&N?(0<*%(1$#&`L&III&)10#&4%'"141(%&51&')1&)*+1&$#'"#%
9$%5&*&?"*<#5&U.*$#&?&$*D'0%5&)%5'<*&`(*&'?&'1&'D#"$#.*&*&0#%&$1.#"*)(%&(#59%J*&81(&L1%X
#.*&')#0#0%&(1&*&(#50?."?$(*5* &H%&51&%(%&+"%&=%D/1(&(#/*)#&F*.*$*/#<*5%D&)%5'01&*
?4$#)1F&!"#$#&"$#L*<*5#&')%51&L$S#)(1&'.%9%L1&9*.#&51X&L#0.1X&4%"4?(%&*+P*.1.#&*&*.*$'0*
1.1D1(#"&(#+#%&51&?&$*D'0%5&L$S#)*&*&81(%5&)%5'<*&')%51&D1'"%&*&')%5?&#D9*<*5?&U/&81C%)*V
$1L%)#&L%.#/*&(10%.*0%&9%J*V&$*D'0*V&<#$1)#&3#(%(<*&H$#5#(&-1<*51X&3$%9&*&=#0'*D*5#(X
-#$L#(<*&B.#?L*51&*&B%'"#(<*51X&-#.D#"*(#<&-*%0.1<*5#( &Fe"%&'?&9*.*&R.9#(1/*&L?C%
)$1D1(#&"?$'0%5&L$S#)*X&"%&'?&(#&*'"*&(#P*(&*&8*V%)*&4$1<*&'")#$#.*&?&$*D'0%D&<#$'")?X
0#L&51&L%'41.%&L%&'.*P(%C&$#'4#L#8#&*&'.*P(%C&)#$)#$'")# &[&)%5'<*X&0%5?&'?&L?C*&$#"%)*
%'"$)*.*X&0%5#&51&%'1Q#.#&')%5?&'(#C?&*&')%5?&4%"$19?&(#&%P*C.1L&?P1'"#.*V&)#$)#$'0*V&?4#L#X
9*.%&51&(10%.*0%&)%5'0%)%>#X&91/&)1Q1C&V*'"%$*'0%C&/(#P#5#X&0%5*&'?&4%0?+#)#.*&L#&'1&(#"?$1
0#%&<#$1)*&*&P*5#&'1&).#'"&%'.#8#.#&9#$&(#&51L#(&L1%&%L#(*V&*D&*.*$'0*V&"$?4#
M$#(*<#&$*D'01&4$%)*(<*51&-#.D#<*51&F*+.#&51&4%$1L&4.#(*('0%C&)1(<#&B%'D#5#&?
C?91$1)#P0?&%9.#'"Fi&V)#"#.#&51&/#4#L(%&%L&;1%C$#L#&4$10%&e#$4.#(*(1&L%&*/#&!0#L$# 
3$*&4%L1.*&Y*D'0%C&d#$'")#X&A2&C%LX&-#.D#<*5#&51&?+.#&?&/#4#L(?&'N1$?X&%L(%'(%&4%L
*"#.'0?&4$1N10"?$?&]1(#&)1/#&'&U"#.*5%DX&%L$S#)#(#&(#50$#Q*D&4?"1DX&4$10%&O#L$#('0%C
=%$#X&"$#5#.#&51&L?C%&*&L%<(*51&*&4%$1L&"%C#&+"%&51&4%.*"*P0#&).#'"&(#L&-#.D#<*5%D&4$1+.#
(#&K*/#("*5?&Y*D'0*&?"*<#5&(*51&(#&;#.0#(?&(*CL1&9*%&5#P*&*&)*L(*5*&(1C%&?&-#.D#<*5*i
"$#C%)*&81C%)*&?&$%D#('0%D&1.1D1("?&*&0?."?$*&"$#5#.*&'?X&*&"$#5?X&*#0%&'#L&/(#"(%
%'.#9J1(*X&')1&L%&(#+*V&L#(#&["*<#5&.#"*('0%C&51/*0#&*&$%D#('01&0?."?$1&9*%&51X&?
%'"#.%DX&"%.*0%&5#0&*&4$10%&C$#(*<#&-#.D#<*51X&L#&51&D%C#%&L#&%')%5*&P*"#)#&4%L$?P5#&*&L&?
Y%D#(*5*X&%L(%'(%&Y?D?('0%5X&%'"#)*&(#5$1P*"*5*&L%0#/&')%C#&*("1(/*"1"#&T1&"$19#
'D1"(?"*&'&?D#X&L#&51&"%&9*%&'.?S91(*&51/*0&*&L#&51&9*%&?)1L1(&C%"%)%&?&')?&#LD*(*'"$#<*5?
!#D*&<#$1)*&)*/#("*5'0*&5%+&aI&)10#&4%L$S#)#.*&'?&C#&?&')1P#(*D&#0"*D#&')%5*D&.*P(*D
#?"%$*"1"%D&`'(*)#5?Q*&C$#L&' &O?'"*(*5#(&C#&(#/*)#&N%&*&<#$1)&4*'#<X
3$%0%4*51X&D%$#&L#&"?D#P*&')%5%5&C$P0%5&4?9.*<*X&0#0%&"%&*D#&L#&/(#P*&F4$)#F
&!)*
(#$%L*&3%.?%'"$)#X&)$.%&*/D1+#(*X&U.*$*X&H$#P#(*X&M%"*&*&L$?C#&4.1D1(#X&0#%&(10#L
(#$%L*&R?'"$*51&(1D#P0*DX&'.?S*.*&'?&'1&.#"*('0*D&51/*0%D&/#&?/#5#D(%&'4%$#/?D1)#81X&51$
"%&91+1&(1&'#D%&'.?S91(*&51/*0&#LD*(*'"$#<*51X&(1C%&*&51/*0&)%5'01&Y*D'0#&0%D#(L#&%'"#.#
51&9*.#&*&?&)*/#("*5'0%5&)%5'<*&4$)*V&)10%)#&[&-#.D#<*5*&'1&?&"%5&0?."?$*&9*%&$#/)*%&P*'"
$%D#('0*&51/*0X&'&D(%C%&#$V#*P0*V&1.1D1(#"#X&%P?)#(&C%"%)%&L%&(#+*V&)$1D1(#i&$?D?('0*X&?
*'"%P(%D&L1.?X&'&(1+"%&D.#>*D&"*4%DX&*'"%&51&"#0%&4$%L?0#"&.#"*('01&0?."?$1&_#0&*
#$(#?"'0*X&51L(#&)$'"#&.*(C)*'"*P0*V&41"$1N#0#"#X&C%"%)%&51&?&L%9$%5&4%.%)*(*&$1P(*0#
L#(#'&'#&$%D#('0*D&"$#C%D
["*<#5&L?V%)(*&9*%&51&(#$%P*"%&5#0&%L&4%5#)1&V$*+Q#('")#&UD#&)1'"*X&L#&51&P#0&H*"X&?P1(*0


 

 2
#4%'"%.#&3#).#X&L%.#/*%&?&-#.D#<*5?&L#&4$%4%)1L#&V$*+Q#('")% &U/&4%L#"#0#X&0%51&L#(#'
*D#D%&(#&$#'4%.%S18?X&/(#&'1&4$*.*P(%&'*C?$(%X&L#&51&V$*+Q#('")%&?&-#.D#<*5*&I&'"%.1Q#
*D#.%&')%5*V&'.1L91(*0#&*&L#&'1&?4%$(%&%L$S#)#.%&*&4%$1L&')*V&4$%C%(#&%L&'"$#(1&$*D'0*V
<#$1)#&*&8*V%)*V&).#'"*X&#&(#$%P*"%&4%'.1&%L&'"$#(1&<#$#&-*%0.1<*5#(#&*.*&-?0J#(*(#X
0%5*&51&4%&"%5&')%5%5&#0"*)(%'"*&4%'"#%&4%/(#"&*&(%)%L%'1J1(*D&!.%)1(*D#&0#%&"1S#0
C$1+(*0&*&4$%"*)(*0&9%S*5*&B#%&4$)*&14*'0%4&?&!#.%(*&4%D*81&'1&')&K1(#(<*51&E&67G
`"#L#X&(#$%P*"%&%L&B%('"#("*(#&K1.*0%CX&V$*+Q#('")%&?/*D#&5%+&)*+1&D#V#&*&*/&3$*D%$5#
4%P*81&L#&4$%L*$1&*&?&?(?"$#+8%'"&`"?L#X&(1CL1&'&C$#(*<1&3#(%(*51&*&-#.D#<*51X&*/
!"$*L%(#X&4%"*P1&'.#)(*&$*D'0*&<$0)1(*&4*'#<X&!)&O1$%(*D&E& 7G 
-#&51&V$*+Q#('")#&9*.%&?&;%'(*&*&:1$<1C%)*(*&4$1&L%.#'0#&!.%)1(#X&*D#&(#5(14%'$1L(*5*V
L%0#/#&?&%'"#<*D#&'"#$*V&<$0)1(*V&$?+1)*(#&B#%&51L(#&%L&(#5'"#$*5*V&'D#"$#.#&'1&0#41.#&?
K*L%+"10?&0$L&!"%<#&`)#5&0$#5&91+1&?&$*D'0%&L%9#&)1%D#&(#4$1L#(&Y1.#"*)(%&9.*/#0
$*D'0*D&.%C%$*D#&(#&T1$1")*X&#&(#$%P*"%&%(%D&?&=%C%$51.?X&(1L#.10%&%L&T#$%(1X&?&4*"%D%5
L%.*(*&;$1C#)1X&!"%.#<&'1&.14%&$#/)*%&*&4%0#/*)#%&*/)1'(?&$#'0%+X&(#5)1Q?&L%'#L&4%/(#"?&?
P*"#)%5&;%'(*&*&:1$<1C%)*(*&H?&'?&(#>1(#&0?4#.*+"#&'&L%'"#&?0?'#&*&9%C#"*&D%/#*<*X
0#0)*V&(*51&9*.%&(*&?&'#D%5X&T#$%(*&[&"%5&$*D'0%5&0%.%(*5*&(#>1(#&51&*&51L(#&D#.#&0#41.#X
'1 #X&'#&6@7&&A@7&&c&!"$#"*D*$%)*QX&D1>?"*DX&91/&%4$#)L#(%C&$#/.%C#&'?D8#&L#&51
"#&<$0)*<#&*/&"%C&'"#$%C&$*D'0%C&)$1D1(#&-$?C#&0#41.#X&)$.%&'"#$#X&91/&*0#0)#&?0$#'#X
*'"%&0#%&*&'"%.#P0#X&'#D%&(1+"%&4$%'"$#(*5#&%L&81&EA@&DG&%"0$*)1(#&51&?&'1.?&;%$#'*D#X&?
L%.*(*&H$19*S#"#X&?&0$#5?&)$.%&P1'"*V&$*D'0*V&(#'1J#&-&!1$C151)'0*&'"#)J#&$?+1)*(1
51L(1&(1L#)(%&%"0%4#(1&<$0)1&?&_*".*0?&0%L&O#5<#&?&IaaI&)10X&#&(1CL1&*/&*'"%C&)$1D1(#
'?&*&'4%D1(*<*&9.*'01&<$0)1&?&=?5Z*Q*D#&O1L(#&$*D'0#&9#/*.*0#&?&!01.#(*D#&4%'.?S*.#
51&*&4$)*D&V$*+Q#('0*D&%4+"*(#D#&"%C#&0$#5#&R.*&%L&')*V&(#5)#S(*5#&51&L)%'"$?0#
9#/*.*0#&?&;*'"?1&(%)%5&E\1(*<#GX&CL1&51&9*.%&'1L*+"1&51L(%C&14*'0%4#&*&')#0#0%&4%)1Q#
V$*+Q#('0#&%4+"*(#
[&;%'(*&*&:1$<1C%)*(*&4%P1"0%D&aI&)10#&9*.%&51&V$*+Q#('")%&%$C#(*/%)#(%&4%L&L)1
9*'0?4*51X&(#$%('0%D&*&"%D&9*'"?#('0%D&T#&<$0)1(*D&'#9%$*D#&L$S#(*D&?&!%.*(?&2A7&*X
2AA&C%L&(#.#/1&'1&9*'0?4*&*/&%91&"1&9*'0?4*51&T#&L$?C%D&D%.*%&51&9*'"?#('0*&9*'0?4X&L#
D?&'1&%L1.*&51L#(&L1%&L*51<1/1X&0#0%&9*&F  &  &
  &
&&
  
&  È


šš&H%D&4$*.*0%D&%'(%)#(1&'?&"$*&(%)1&9*'0?4*51X&*&"%&?&!#$/1("1$?X&=?0?$?&*
;?$(?D?&3$)#&%L&"1&"$*&(*51&4%"4?(%&4%/(#"%&CL1&51i&#.*&'1&81(&4%.%S#5&D%S1&%L$1L*"*
4%&"%DX&F+"%&'?&"%5&9*'0?4*5*&L%L*51J1(1&S?41&9*.1&%"$C(?"1&%L&'"#$%C#&4%L$?P5#
'%.*('0%CX&"1&+"%&51&51L(#&%L&%)*V&*L1("*P(#&'#&D?(*<*4*51D&ƒ&?&Y?(%)*Q?F&=
;#$#L#&(#.#/*&L#&5%5&4%L$?P51&*>#+1&FC$#(*<%D&L%(1L#)(1&-#.D#<*51X&;%'(1&*&:1$<1C%)*(1X
%L&;?+0%C&;.#"#&4$10%&UD%"'0%C#&*&L%.*(1&H$19*S#"#F &-1.%)*&"*V&9*'0?4*5#&L%4*$#.*
'?&*&?&9%'#('0%V1$<1C%)#P0%&4%L$?P51&3$)#&51&%9?V)#"#.#&51L#(&L1%&J?9?+0%C&*&L?)#8'0%C
'$1/#X&9?$(?D'0#&51L#(&L1%&.*)#8'0%C&*&C.#D%P0%CX&#&D#0#$'0#&(1+"%&%L&J?9?+0%C&3%L1.#
"*V&9*'0?4*5#&(*51&9*.#&%L%9$1(#&%L&4#41&*&81(*&4$1L.#C#P*&91V?&P#0&*/&Y*D#&*&%/9*J(%
4$10%$1(*i&51L#(&%L&8*V&'&"%C#X&+"%&'1&"%D&4$*.*0%D&L#%&4%LD*"*"*
&=1>?"*DX&*/&)1$'01
4%"$191X&*&+"%&51&4%L$?P51&9*.%&)1%D#&L#.10%&*&"1+0%&4$*'"?4#P(%X&51L#(&L1%&4%L1.1&51
L%<(*51&*4#0&*/)$+1(&B$#51D&aI&)10#X&2&C%LX&)*L*D%&L#&?&-?)(?&L%*'"#&4%'"%5*&(%)*5#
14*'0%4*5# 
T#5'"#$*5*&'"#$%V$*+Q#('0*&(#LC$%9(*&(#"4*'&?&;%'(*X&)1$%)#"(%&*/&Ia&)10#X&(#>1(&51&?
=?5Z*Q*D#X&(1L#.10%&%L&O#5<# 
T1+"%&%L&'"#$1&V$*+Q#('01&0?."?$1&4$)*V&L1'1"&)10%)#&%'"#.%&51&*&?&"%4%(%D#'"*<*&(#+*V
0$#51)#&;$L%&d*4$*5#(&0%L&H$19*8#&*.*&!$>&0%L&;$1/1&(1'?D8*)%&*D#5?&*D1(#&%L&!)
d*4$*5#(#&*&!$>#X&0%5*D#&'?&"?&(1CL1&9*.1&4%L*C(?"1&<$0)1&;$L%&U)#(&(%'*&*D1&4%&"%D
')1"*"1J?&T#/*)&j?J#(#&(#&!"%(?&L%+.%&51&%L&!%?L¯&*.*&!%?"¯&j%?.|#(¯&&!)&O?.*5#(X
!?"%$*(#&%L&!)&U$*(#X&!?+Q14#(&0%L&:1$<1C&T%)%C&%L&!)&!"14#(&K#$)#$#&0%L&3$%/%$#
*D#&5%+&?)10&%P?)#(1&*&$?+1)*(1&'"#$1&<$0)1&"1&')1"*"1J01


 

 2
d$0)1(*&?"*<#5&9*%&51&'&4%P1"0#&4$1"1S(%&.#"*('0*&3#4#&'1&(#&;#.0#(?&(*51&'"$%C%&L$S#%
#LD*(*'"$#"*)(1&4%L1.1&*&S*)%&51&(#'"%5#%&L#&')%5&?"*<#5&4%5#P#&+"%&)*+1&!&"%C#&?&!%.?(?
%'(*)#&')%5&)*0#$*5#"X&0%D1&51&9*.#&L?S(%'"&(1&'#D%&L#&4%')1Q?51&14*'0%41X&(1C%&*&L#&?"*P1
(#&')1&<$0)1(1&4%'.%)1&(1&'#D%&/#4#L(%CX&(1C%&*&'$1L*+81C&L1.#&;#.0#(#&f4*'0%4*&91V?&?
"*D&%9.#'"*D#&4$1"1S(%&$%D#('0%C&4%$10.#&`L&@&%P?)#(*V&*D1(#&*/&*'"%P(*V&*
'$1L*+8*V&%9.#'"*X&*/&3#(%(*51X&=1/*51X&-#0*51X&-#$L#(*51&*&!0*"*51X&2&51&(1'?D8*)%
.#"*('0*VX&0#%&RD#("*?'X&!#"?$(*?'X&!10?(L*#(?'X&M#5?'X&o1.*0'X&B%$(1.*?'&*&'.
3$*$%L(%&51&'&"%C#&+"%&51&4$*&'?0%9*D#&*/D1>?&Y*D#&*&d#$*C$#L#X&0%5*&4%'"#5?&%/9*J(*5*&?
aI&)10?X&4#4*(#&'"$#(0#&)$.%&5#0#
\#&)$1D1&)1.*0*V&9%$9*&III&)10#X&0%51&'?&'1&)%L*.1&?&3#(%(*5*&*&(#&L?(#)'0%5&.*(*5*X&%
(#+*D&%9.#'"*D#&?&?(?"$#+8%'"*&U.*$*0#&(1D#&D(%C%&4%D1(#&]*V%)1&C?'"1&*&"1+0%
4$%V%L(1&+?D1&9*.1&'?&)1.*0#&/#4$10#&/#&)#$)#$'01&C%D*.1X&0%51&'?&V"1.1&L#&P#'&4$1&L%>?&L%
C$#L%)#&*&%9.#'"*&9%C#"*V&/#&4.1(X&#&9*.1&'?X&?&*'"%&)$1D1X&*&)1.*0#&%4#'(%'"&/#&8*V&B$%/
P*"#)&Iaa&)10&)*+1&'"$#L#&*'"%P(*&L1%&;#.0#('0%C&3%.?%'"$)#&(1C%&/#4#L(*i&4?"&(#
d#$*C$#L&)%L*&0$%/&H$#0*5?X&L%0&%')#5#81&-#.D#<*51&(*51&%91Q#)#.%&(1+"%&(#$%P*"%&U
H$?V1.0#&)1$?51X&L#&51&<$0)#&?&K*L%+"#0?&9*.#&(#'*.(%&$#/%$1(#X&'?L1Q*&4%&(#P*(?&$?+18#
*&'"#8#&<$0)1(*V&%'"#"#0#&T#>1(*&(%)#<&"?&(1&*L1&L#J1&%L&0$#5#&Ia&)10#&`(&'&"%C#
/#0J?P?51X&L#&51&<$0)#&'"$#L#.#&%L&M%"#X&)1$%)#"(%&A&C%L&H%&9*&L%'#L&9*%&51L*(*&D#81
)*+1&?")$>1(*&'.?P#5&*/&%)%C&41$*%L#i&0#'(*5*X&%L&aI&)10#X&4%'"#5?&D1>?"*D&(1+"%&P1+Q*&[
=%'"#$?&51&(#>1(&51L#(&'"#$%V$*+Q#('0*&(#"4*'&%&'#V$#(*&0$)*&(101&L)%5*<1&')1"#<#
D?P1(*0#&EF
 & 
FGX&0%5*&'?&'"$#L#.*&F &  &„ F&T1D#D%X&(#&S#.%'"X
(*0#0)*V&L$?C*V&4%L#"#0#X&L#&9*&?")$L*.*&0#L&51&*&0#0%&L%&"%C#&L%+.%
-#.D#<*5%D&'?&51L(%&0$#"0%&)$1D1&%L&(10*V&P1"$L1'1"&C%L*(#X&%L& @2A2&C%LX&).#L#.*
U'"%P(*&M%"*X&L%0&*V&(*51&?&51L(%5&(1(#L#(%5&%N#(/*)*&'?/9*%&*&'.%D*%&8*V%)&/#0.1"*
(14$*5#"1J&<#$&O?'"*(*5#(&]*V%)#&).#L#&(*51X&(#$#)(%X&?&"#0%&0$#"0%D&$%0?&D%C.#&%'"#)*"*
(10%C&L?9J1C&"$#C#X&#.*&*/)1'(*V&51&'4%D1(*0#&*4#0&%'"#.%&T#5)#S(*5*&51&%L&8*V&')#0#0%
51L(#&<$0)#&?&;$1/*&0%L&!#$#51)#X&'#&*("1$1'#("(*D&%$(#D1("*D#&*&'#&"$#C%)*D#&*&/(#<*D#
$?(#&(#&'"?9%)*D#&\#&8?&51&L1.*D*P(%&?4%"$19J1(&'"#$*5*&$*D'0*&D#"1$*#.&'#
(#"4*'*D#&R&O&f)#('&(#+#%&51&?&'#$#51)'0%5&%0%.*(*&51L(?&C1D?&'&D%(%C$#D%D&xƒ
¼  & E
G&`(#&51&)$.%&)1$%)#"(%&4$*4#L#.#&(10%D&P*(%)(*0?&0$#J#&H1%L%$*V# 
!1D&"%C#&(#>1(#&'?&(#&*'"%D&4%L$?P5?&*&L)#&'$19$(#&(%)<#&0$#J#&R"#.#$*V#&*&H1%L#V#L#
K*+1&'4%D1(*0#&8*V%)*V&(*51&(#>1(%&\#(*DJ*)%&51X&L#&')*&%)*&4%"*P?&'&51L(%C&4%L$?P5#X
'#D%&*/&'$1L*+81&;%'(1X&*&"%&?&C.#)(%D&*/&!#$#51)'0%C&3%J#&=1>?"*DX&/(#&'1&L#&51&8*V%)%
4%L$?P51&L%4*$#.%&L%'"#&L#.10%&(#&*'"%0&H)$>#)#&R(#C#'"?D&E`(%C%+"G&9*.#&51&51L(#&%L
8*V%)*V&)#S(*V&4%/*<*5#&(#&"%5&'"$#(*&K1$%)#"(%&51&4%&8*D#&L%9*.%&')%51&*D1&*&M#<0%
EM#"'0%X&M}"}'0%i&4$*L1)&C.#'*& - G
U(#P1X&*&4%L&C%"'0%D&).#+Q?&C$#>#('0#&?4$#)#&L#.D#"*('01&4%0$#5*(1&9*.#&51&4%)1$1(#
51L(%D&Y%D#(?&3%P1"0%D&aI&)10#&4$1D1+"1(%&51&'1L*+"1&).#L1&*/&!#.%(1&?&Y#)1(?&*&"*D&51
-#.D#<*5*&L#"&/(#P#5&4%0$#5*(1&L$?C%'"141(1&)#S(%'"*&/#&M%"1&B&3#P&51&51L(%D&4$*.*0%D
")$L*%X&L#&51&*&?&-#.D#<*5*&*/D1>?&M%"#&*&Y%D#(#&F4%'"%5#.#&*'"#&L?9%0#&4$%"*)+"*(#&0#%&*
?&U"#.*5*i&%9#&'?&(#$%L#&9*.#&91/&*0#0%)*V&L%L*$#F


 
&M.#'(*0&\1D&=?/15#X&@X&A2 A,,



‚ &„  &aIX&@,X&'.&@6

&`&Y*'(?&*&81C%)%D&/(#P#5?&'$&m&I&p
X&m È & 
 
& &II  &…
 

@@AX&A2&3%.*9*51&0#S1&·•Ž ¦”œŠ •&ž˜&·¡ ’& ›˜¡–ŠŠ&Šž¦ž˜¦”‘•&p&l 
…
X&IX&A,

&†&&K?.*Q#X&U/)%$*&/#&I&*.*$'0*&$#"&M.#'&†~^X&A X& ,2A


 

 2A

&͑® •’X&¹¦ Žž˜­’&F«ŽŽ˜¡ &‘ ’& •˜’&·¡•¦•§•˜&£ž™–¦ &R4*5#(X&1L&¼ X&IX&A Ai
͑  •’&F«ŽŽ˜¡ ¨&‘Š‘¡¨&¹¦ ŽžŸ’X& X&A2A&`&"%D&M1(<*5?&0#/?51&3%.*9*51X&L#&51&9*%&4*5#(*<#
*&$#/)$#"(*0&!4&L&IaX&@2 &s &  &s 
& &I   X& È&
X&I  
& 


&†&r  &q &ƒ 


&
 & &p&†&„‚‚X&IaX&A&Ä
81D?&L#51&%4+*$(1&4%L#"01&b*)*51&?&')%5*D&F08*C#D#F& 72

&€  X&'4&LX&AA i&¼&m&IX&q && &  
&tº
 &q &76X
 ,

&w&l ‡ X&x &I
 ‚&&„ºy& & 
&qÆ&x  
&… &@@X&6,
*&L
 
&!$&-*%L%$#X&ƒ&  X&I^X&  


&r
X&

&… X&2@
 
&I X&2Ai&€  X&'4&LX&AA
 
&\&%)%&0#S1&51L#(&$*D'0*&4*'#<X&L#&'?&$#'?"*&L?S&<1.%C&5#L$#('0%C&4$*D%$5#&E 


 &&  &
& 
&‚‚
G&~&m&z  X&p &p&¼ X&27

&Y#(*51&)1'"*&%&8*V%)*D&)1/#D#&4%0?4*%&&t&3#PX&…


‚ &„  &aIX&,,6

&r
X&€ & 
 & & ¿ &
 X&Ai&

&… X&22,

&†&s &a X&x &z yº&
&†&w 
&†
 &Ä 
& &I  &Eq ‚&
l 

G&… & &†&%<1(?&o&;?.*QX&l  & &   &&


 & 
^^^I^X&,X&6,@7

&K$.%&S*)&%4*'&9%$91&%0%&"%C&C$#L#&'$&0%L&R4*5#(#X&IX&A,A&l&&K?.*Q#X&M.#'&†~^X&2
6X&0%5*&'?D8#&?&R4*5#4%)%&4$*P#81

&vu
&s
 X&aX&l &X&

&†&&K?.*QX&3$*.%/*&/#&08*S1)(%'"X&51/*0X&*'"%$*5?&*&N%.0.%$&IIX&X&2@i&M.#'
†^^IX&,X&A&*&Li&†~aX&AAX&A&*&L&v &qX&m

&&&q&q &~

v&    &
&À
&   È
&IIIX&A@X&AA ,
 
&r
X&€ X&AAi&

&… X&2,6


&€ X&6i&

&… X&2@
 
&Ä&"%Dm&l X&€&  

&t &m &  &„  &^aIIX&X
A2 @i&&K?.*QX&-#.D#"'0%4#(%('0*&?'"#(#0&M.#'&~^^^aIIIX&X&7@ 6i& &†^^IX
226i&r
X&€ X&6A
 
&x&†

&
 & &p&¼ X&IIIX&6
 
&Î ‡ ˆ&y   &€  &X&A6 &3$%"*)&"%C#&&K?.*QX&M.#'&†~aX&AAX&A
 
&-$&O&\?$?(*QX&!"#$*(#$&IaX&@X&A@
 
&r
X&€ X& &†&m&lyX&½
&&y &„ Æ 
 & & u

r  y&x  &l&  &… &AX&,&*&LX&CL1&'1&(#.#/1&"#P(*&'4*'0%)*
 
&„& 
X&vu
&m  º & &l
 && &  X&@
 
&„& 
X&vu
&m  º X&
 
&€ X&22&†&*&3#P%)&P.#(#0X&v 
&ˆ&¿&&    &x   &^&Iy‡
 & y &&q &@2X&2,
 
&…&… X&x &x
 & & u
&m  ‚  &l &A@X&7


K#C(1$X&'4&LX&AA


 

 2
 
&m&lyX&½
&y &„ Æ 
 & & u
&r  y&x  


;1<X&'4&LX&@


&M.#)(%&L1.%&r&l ‚&&t&r
X&vu
&q 

& &l
 && &  &… 
@A&†&l&Y#L*D'0*X&M.#'(*0&\1D&=?/15#X&IIIX&@X&&*&L&O&l ‡ X&a
 & & 
 ‡&IIIX&@@X&2&_?)1(?&D1>?&FD#V(*"%C#&l?0#F&(#&C$#(*<*&:1$<1C%)*(1&*&d$(1&M%$1
"?D#P*%&&„&:1$(1'&0&%'"#"01&$*D'01&<1'"1X&?4$#)%&0#%&81/*(&0#D1(*&(#'*4&vu

m  º & &l
 && &  X&&T10%.*0%&(%)*V&D*J%0#/#&'#%4+"*%&&-
!1$C151)'0*X&!4%D1(*0&~^^aIIX&A X&26


&r
X&€ X&, 


&†&x &†&w ¿X&x &
 

&&l  &&†
  &r &@66


&†&r
X&w 
‚&
&u
 & &I
 
X&aIIIX&72X&A &Ä&L#J1D&9$%L#$'")?
&!#)*&'$&O&a X&Ï   & &   &&~   & &q &~ &@2i&m&r  X
†   X&aX& X&AA,


&t&3#PX&M.#'(*0\1D&=?/15#X&^^aIX&X&2@,77


&†&x &z&l ˆX&† &x   &€  &@


&~& À& È&r
&7AX& 7&*&L



&Ä&;*'"?1&(%)%5&*&81(%D&4%.%S#5?&)&P.#(#0&R&!1$C151)'0%CX&M.#'(*0&\1D&=?/15#X&^~IaX
AX&A2&*&L


&M.#'(*0&\1D&=?/15#X&^^^I^X&6X&,
 
&I X&^~aIIX&A2X&6@
 
&`&')1D?&%)%D&†&r
X&€ X&,62i&z&Î ‡ ˆX&v 
& &&x   & &r  
ƒ &q X&IX&X&6&3%.*"*P0#&C1%C$#N*5#&&†
X&~&  &  &
x  &r
&@@X&@ &*&Li&s&ƒX&¼ ‚ & & ‚ & 
&   &x  
€  &@i&p&Ä   X&€ &

&s  &&tº
 X&x  &&
  &… &&~ y &&†&-&!1$C151)'0*X&!4%D1(*0&~^^aIIX&A X&7i&m
r  X&v   &   & &y & & &m   &
 & & 
x y &^IaX&AX&AA226
 
&r
X&€ X&2X&

&… X&7,
 
&-&!1$C151)'0*X&M.#'(*0&\1D&=?/15#&^~aIIIX&A,X&@X&A
 
&U'"*X& &^~I^X&A6X&@
 
&†&!51.'0*X&Y#/)*"#0X&aIX&AX&@7
 
&€ X&,7A
 
&!$&-&!1$C151)'0*X&M.#'(*0&\1D&=?/15#X&^^^I^X&6X&2,@i&^~IX&X&2i
!4%D1(*0&~^^^aIIIX&A@X&


&Ä&x 
X&s 
 &€&„y&^~I^X&A6X&A
 
&a&v 
X&v 
 & &x &s 
 &€&„y&IIIX&@X&i&aIX&@ X& 6i
†&r
X&…

&„  &^IX&7@X&A@6 &Ä&$?L#$'")?&?-#.D#<*5*&%L&$*D'0*V&L%


C%"'0*V&)$1D1(#&*&0$%/&!$1L8*&l0&)&-1.#&m&I&p
X&m È & 
 
& &I  
IIIIaX&…
 
 &@@2X&, i&Ä &x 
X&v& 
& &p &Ä‚ &A2X&@&*&L
 
&O&t  X&…

&„  &aX&@6X&A,


 
&r&\#4.#"#X&3%.*"*0#X&,&A6
 
&t&„
X&s 
 &€&„y5&^~aIIIX&A,X&2 


 

 22
 
&O&¼L)X&;}.C#$'0#&*'"&9*9.*%"10#&IIX&X&A,A
 
&p&q X&a& u
&y& y 
&q&… &@X&@7
 
&`&*.*$'0*D&<#$1)*D&&4$*/(#81D&C%)%$*&p&R.91$"*(*&~š &  &r
&X
,
 
&¼&„
X&vu
&s
 &aX&@
 
&K?.*Q3$1D1$+"#5(&!4%D1(*0&^^^aIIIX&77X&A6i&&K?.*QX&M.#'&†~aX&AAX&@i
†~^X&A X&2 @


&x& ‚ 
&r  &†
 

& & X&IIIX&&~ 
&AX&72
 
&w&€  X&x
&  
& À 
&
& 
&  
& 
&r
&@i&!"
!"#(%51)*QX&;%$9#&/#&'#D%'"#.(%'"&0#"%.*P01&<$0)1&?&(1D#8*Q'0%5&L$S#)*&;1%C$#L&X&

 
&`&!"$*L%(?&'$&$1N1$#"1&&K?.*Q#&?&\9%$(*0?&m&;1.*Q#&;1%C$#L&X&A7X&*&-&j
=%$1(#X&a ˆ&y   X&€  & & A

&Ä&!"%<?&$*D'0%C&L%9#&»&¼  X&…


‚ &„  &IX&@ A7i&o&o*#.#X
M.#'(*0&\1D&=?/15#&aX&aIIX&@A2

&M.#'(*0\1D&=?/15#&^^^aIIX&2X&@2,

&I &^~I^X&A6X& 26

&†&»&¼  X&x &
 &xÆ  &l
 
&& & y &v&@2X&@
i&†&r
X&r …

X&v p Æ &aX&272,



&x&z  X&I   &
 &&IIX&,AX&6A i&z&l ˆw&l   &t 
&
 
 

&€  &AX&2A

&†&rX&ƒ &&s 
 i&€&„yX&^IIX&222,
 
&q  
& 
&IIX&@X& 2,


&`)%D&4$*.*0%D&0#/#%&9*V&*&&)?&'?D8?&?&#?"1("*P(%'"&%)*V&'#9%$'0*V&#0#"#&[
4*'D*D#&4#41&M$C?$#&K1.*0%C&(1D#&(*CL1&'4%D1(#&D#&&0%5%5&%L&"*V&')*V&9*'0?4*5#X&0&+"%
C#&*D#&%&f4*L#?$?X&!#.%(*X&O#L1$*X&!$1D?&*&!0%L$*&†&z&l ˆX&q&s  &„&r
 &
&  y  & &x y &E27,7 G&q &7 
 
&`4*'&-?)(#&*&L?)#8'0%C&4%J#&L#%&51&l&B.#5*Q&?&t &IIIX&76X& 6&*&L
 
&M.#'(*0&\1D&=?/15#&^II^X&26@

l&W%$%)*QX&M.#'(*0&\1D&=?/15#&^^aX&AX& 

&†&w ¿X&x
&
 &p & & & 
&ƒ  & &l  Æ 
… &@6X&A2

&†&r
X&…

&„  &^IX&72,



&q  ‡ˆ
&   &€  &AX&7

&†&„&t‚X& & & 
 &p   &z   &6X&,

&s&Ï ‡ &&x&q 
 X&s

&& u

&
&l y&  &q &q 
A7
 
&m È & 
 
&IIIIaX&A


&s 
 &€&„y&^IIX&77X&227&[&"%5&$#L8*X&(1/(#DP*5%D&0$*)*<%DX&4%"0$#.#&
0$?4(#&C$1+0#&')?L#&'1&D1'"%&!%.*(#&5#)J#&!%.?(


 

 2,


 
 

3%"*'(?"*&*&4%)?P1(*&%L&:?(#&*/)1'(*&L1.%)*&!.%)1(#&5#)J#5?&'1&?&L?(#)'0%D&4%L$?P5?
0$#51D&Ia&)10#&`"#L#&%(*&?&)1Q*D&*&D#8*D&C$?4#D#X&(#54$1&4%L&4$*"*'0%D&L$?C*V&#&%(L#&*
'#D*&%L&'191X&4%P*8?&L#&'1&'4?+"#5?&*/&')%51&'"#$1&4%'"%59*(1&4$1D#&-?(#)?&[&4$)%5
4%.%)*(*&aI&)10#&9*.%&*V&51&)1Q&"%.*0%X&L#&51L#(&'#)$1D1(*&)*/#("*'0*&4*'#<&*/$*P(%&")$L*
0#0%&F(#5)1Q*&L1%&%(%'"$#(1&%9#.1&-?(#)#&%(*&(#'1J#)#5?F &!&"%C#&4%L$?P5#&%(*&)$+1
'#D*&*.*&?&/#51L(*<*&'&L$?C*D#&P1'"1&?4#L1&?&%9.#'"*&K*/#("*'01&UD41$*51X&#&4%'19(%&?
H$#0*5?&\#4#L(1&%9.#'"*X&(#$%P*"%&-#.D#<*5#X&(*'?&9*.1&%L&8*V&%4#'(*51&?/(1D*$#)#(1&')1
L%&'$1L*(1&aI&)10#X&51$&'?&C%$8?&%9#.?&*/(#L&!#)1&L$S#.*&b#(C%9#$L*X&#&4$*'"?4&L%
L#.D#"*('01&'1)1$%*'"%P(1&D1>1&:1$?.*&*&M14*L*&[/&"%X&0%.*0%&'1&L#(#'&/(#X&!.%)1(*&(*'?
(#4#L#.*&?&"%&)$1D1&C%"'0%&4%L$?P51X&#&-#.D#<*5#&'1&(#.#/*.#&?&).#'"*&M%"#
3$%L*$#81&!.%)1(#&?&5?C%/#4#L(1&%9.#'"*&*+.%&51&'&8*V%)*D&4%'"141(*D&4%D1$#81D&4$1D#
/#4#L?&R.*&?4#L#&?&%P*&L#&8*V%)*&4$1.#/*&4%'"#5?&P1+Q*&/#&)$1D1&)*/#("*'01&%N#(/*)1
4$%"*)&M%"#&*&?&-#.D#<*5*&*&?&U"#.*5*&[&'#D%D&d#$*C$#L?&"#&51&4%5#)#&%9$#"*.#&(#&'1
4#S8?&[&4$1'"%(*<*&'1&4%P1.%&)1$%)#"*X&L#&4%'"%51&(101&"#5(1&)1/1&*/D1>?&!.%)1(#&*&M%"#
=%SL#&"%&(*51&*'0J?P1(%X&#.*&Q1&9*"*&4$1&L#&'?&!.%)1(*&4$*D1Q*)#.*&4%).#P181&)1Q*V
%L$1L#&)%5'01&/9%C&"1&%N#(/*)1&*&*'0%$*+Q#)#.*&"%&B#L&'?%(*&51L(%D&4$*.*0%D&4$%L$.*
L?9%0%X&')1&L%&-$#P#X&(#'$Q?Q*&P#0&*&(#&C$#L%)1X&3$%0%4*51&*/$*P(%&)1.*X&L#&'1&"%&D%C.%
L%C%L*"*&'&"%C#&F+"%&(1&91+1&(*0%C&L#&*V&9$#(*F &[&%'"#.%DX&(*'?&"%&P*(*.*&%(*&'#D*
3J#P0#+01&?4#L1&)$+*.*&'?&P#0&*&b#(C%9#$L*X&0%5*&'?&'1&'D#"$#.*&0#%&<#$'0*&4$*5#"1J*&*
'#)1/(*<*&-#&51&?&"*D&%9.#'"*D#&9*.%&L%)%J(%&%9510#"#&/#&L%9#$&4.1(&')1L%P*&(#59%J1&%)#5
4$*D1$&M%L&22&4$1+.*&'?&!.%)1(*&?&4J#P0?&(1CL1&4$1D#&U.*$*0?&H?&'?&4%P*(*.*
'"$#V%)*"1&'")#$*&!.#9*5#&)*/#("*'0#&)%5'0#X&0%5#&91+1&?4?Q1(#&4$%"*)&8*VX&(*51&'D1.#&L#
'1&?4?'"*&?&9%$9?X&(1C%&51&'#D%&4$#"*.#&'.%)1('01&P1"1X&"?0.#&4%/#L*(?&*&V)#"#.#&4%51L*(<1
`(#&'1&P#0&(*51&?'?L*.#&(*&L#&'4$1P*&4$1.#/&4$10%&-?(#)#&4.1(%D&4$1"%)#$1(*D&!.%)1(*D#X
0%51&'?&4$1)%/*.*&M14*L*&?/*D#5?Q*&*D&L?0#"&(#&C.#)?&B#0#)&51&"10&D%$#%&9*"*&4.1(&0#L
'1&"#0%&9%C#"%&4.#Q#.#&4$1)%/(*(#Ð
!$1L*(%D&aI&)10#&*/9*5#5?&(#&)*/#("*'0?&C$#(*<?&`9$*&*.*&R)#$*X&#/*'0%X&"?$'0%"#"#$'0%
4.1D1X&D(%C%&#C$1'*)(*51&*&#0"*)(*51&%L&!.%)1(#&`(*&'?&'1&4%5#)*.*&(#&L?(#)'0%D&4%L$?P5?
%0%&22@&C%LX&#&)1Q&L1'1"&C%L*(#&L%<(*51X&2,@X&*'0%$*'"*)+*&J?"?&9%$9?&*/D1>?&M14*L#&*
b#(C%9#$L#X&%')%5*.*&'?&P*"#)?&3#(%(*5?&*&4%D#0.*&L%D#.%&')%51&C$#(*<1&')1&L%&#.4*'0*V
4.#(*(#&_*"#)#&.1)#&%9#.#&!#)1X&'1D&C$#L#&!*$D*5#X&L%+.#&51&4%L&8*V%)?&).#'"&!&`9$*D#
/#51L(%&*+.*&'?&*&!.%)1(*&0#%&4%L5#$DJ1(*X&'#P*8#)#5?Q*&C.#)(*(?&8*V%)1&$#L(1&'(#C1X&#
L%D#.%&*&8*V%)1&41+#P01&)%5'01&B#L&'?&2@&C%L&%"1.*&%L&K*/#("*51&*&")$L*&!*$D*5X&51L(?
%L&C.#)(*V&")$>#)#&(#&'1)1$(%5&C$#(*<*X&`9$*X&?&(#4%(?&')%51&D%Q*X&(1&/(#5?&)*+1&L#&'1
D(%C%&%9?/L#)#5?&]*V%)*&?4#L*&4$10%&C$#(*<1&9*)#5?&')1&P1+Q*&!#D%X&P*(*&'1X&L#&(*'?
4%S?$*)#.*&(#'*.(%&4$%L*$#81&?&-#.D#<*5?&'D#"$#5?Q*&)#JL#&L#&Q1&51&L%9*"*&0#%&/$1%&4.%L
4%'.1&L$?C*V&?'41V#&O1$&%(*&4%'.1&4#L#&!*$D*5#&(1&%9$Q?&')%5?&'(#C?&"%.*0%&4$1D#&/#4#L?
0%.*0%&4$1D#&*'"%0?&3$)#&%9#$'0#&S1J#&9*.#&51&L#&'1&L%P14#5?&)#S(%C&!*(C*L?(?D#&(#
'#'"#)?&!#)1&*&-?(#)#&*&L#X&C%'4%L#$1Q*&8*D1X&+*$1&')%5?&).#'"&4$1D#&*'"%0?X&%')#5#5?Q*
L$?C1&")$>#)1&(#&L?(#)'0%5&.*(*5*X&0%5*&'?&*D&4$1"'"#)J#.1&'D1"81&/#&L#J1&4$%L*$#81&B#L
51&<#$&=#)$*0*51&'#C.1L#%&%4#'(%'"&*&$1+*%&'1&(#&%L.?P(1&D1$1X&%9#$'0*&0#C#(&'1&"$C#%&*
4?'"*%&L#&10'4#(/*)(#&#0"*)(%'"X&0%5#&'1&*&L%".1&*D#(1("(%&$#/)*5#.#&4$1D#&/#4#L?&*&5?C?X
?/D1&(#&"%5&'"$#(*&)*+1&D#V#&B$#51D&aI&)10#X&2@&C%LX&'4%D*8?&'1&%9#$'0%'.%)1('0*
(#4#L#5*&4%&-#.D#<*5*&*&U'"$*&T1/#+"*Q1(#X&-#.D#<*5#&51&"%C#&4?"#&C$L(%&(#'"$#L#.#&[
8%5&51&"#L#&$#/%$1(%& 7&C$#L%)#&*&D1>?&8*D#&51L#(&5%+&(1?")$>1(*&C$#L&;#.0*&*.*&;#J01
\#4%)1L(*0&L?(#)'01&)%5'01&4%'.#%&51&?&4%D%Q&51L#(&%L$1L&%L&777&J?L*i&#.*&"#5&51&D%C#%
'#D%&L#&)$+*&4$14#L1&(#&%9#$'01&'"$#S1&*&8*V%)?&0%D%$?&[/9?>181&51&?&/#4#L(%D&')1"?


 

 26
$#L*&"%C#&(#L*$#8#&9*.%&)1%D#&)1.*0%&3#4#&M$C?$&K1.*0*&4*+1&'%.*('0%D&14*'0%4?
=#0'*D?X&5?.#&,77&C%LX&L#&'1&D(%C%&9$*(1&*&S#.%'"*&4%)%L%D&'.%)1('01&%4#'(%'"*X&*&"%&"*D
)*+1X&F51$&0$%/&4$%.#/&U'"$1&4%P1+1&)1Q&?.#/*"*&*&?&U"#.*5?F
!.%D&%N#(/*)1&<#$#&=#)$*0*5#&4$%"*)&`9#$#X&81C%)#&4%C*9*5#&,7&C%LX&L%.#/#0&(#&4$1'"%
0$)#)%C&?/?$4#"%$#&o%0#'#&*&L1/%$C#(*/#<*5#&).#'"*X&0%5#&(#'"#L1&?&K*/#("*5*X&L*C%+1
'#D%4%?/L#81&`9#$#&*&4%)1Q#+1&8*V%)1&4$%V"1)1&!1)1$(#&C$#(*<#&51&/5#4*.#&0#%&%")%$1(#
$#(#&=#'1&!.%)1(#X&)%>1(1&%L&`9#$#X&#.*&*&'#D1&%L&'191X&4$1.#/*.1&'?&(1'D1"#(%&<#$'01
C$#(*<1X&(%&(1&?)10&L#&'#D%&V#$#5?&(1C%&*&L#&'1&(#'"#(1&(#&%')%51(%D&/1DJ*+"?&3$%<1'&%)%C
8*V%)#&(#L*$#8#&9*%&51&?&'?+"*(*&%)#5&%(*&'?&$?+*.*&$*D'01&C$#L%)1&51L(%&L#&*V
%4J#P0#5?X&#&L$?C%&L#&*D&(1&9*&'D1"#.*&0#%&C#$(*/%('0#&D1'"#&*&")$>#)1&!"#(%)(*<*&+?D#&*
D%P)#$#&*&/1DJ%L1.<*&%(*&(*'?&4%/(#)#.*&C$#L'01&0?."?$1&(*"*&'?&*D#.*&*("1$1'#&/#&8?i&?
%')#5#8?&C$#L%)#&%(*&'?&'#D%&C.1L#.*&D1"?&')%5*V&?'41V#&!)*&$*D'0*&C$#L%)*&?
?(?"$#+8%'"*&-#.D#<*51&9*.*&'?&'$?+1(*X&-%D#)*?DX&;*'"?1X&-1.D*(*?DX&-*.?("?D&*&')*
L$?C*&0%5*D#&'1&P#0&*&*D1&/#"$.%&!"$#L#.#&'?&*&'0%$%&')#&4$*D%$'0#&D1'"#&*&)#S(#&T#$%(#&'
8*D#&/#51L(%&!$?+1(#&51&*&'#D#&!#.%(#X&L#&'1&)*+1&(1&L*C(1&B#L&'?&')$+*.*&'&"*D
$?+18*D#&!.%)1(*&'?&/#4%'1.*&?(?"$#+81&%9.#'"*X&D*$1Q*&'1&*&'#S*)J?5?Q*&4%'"141(%&'#
4$1%'"#.*D&'"%P#$'0*D&*&/1DJ%$#L(*P0*D&?$%>1(*P0*D&1.1D1("%D&3&!0%0&51&L%9$%
*'"#0#%&P*81(*<?X&L#&51&')#&4%J%4$*)$1L(#&"1$D*(%.%C*5#&0%L&Y?D?(#&*&R$9#(#'#
'.%)1('0%C&4%$10.#&U&F?&%9.#'"*&C$P0%C#&51/*0#&0%('"#"%)#(*&'?&'.%)1('0*&4%J%4$*)$1L(*
*/$#/*&P#0&?&31.%4%(1/?F&d#$&:*$#0.*51X&*(#P1&'4%'%9#(&).#L#$X&(*51&D%C#%&L#&'4$1P*
"%&'.%)1('0%&?P)$+Q*)#81&(#&/#4#L?X&'1)1$?&*&4%&'$1L*+8*D&%9.#'"*D#&;#.0#('0%C
3%.?%'"$)#X&?&C.#)(%D&/#&"%&+"%&51&*&'?)*+1&9*%&/#?/1"&(#&U'"%0?X&?&=#.%5&R/*5*X&(#54$1
.%D1Q*&41$/*'0?&L$S#)(?&D%QX&#&/#"*D&'?/9*5#5?Q*&%4#'(*&4%0$1"&R$#4#X&0%5*&51&4%L
=?V#D1L%)*D&)%>'")%D&L%9*5#%&(1&'#D%&)1$'0*&(1C%&*&4%.*"*P0*&0#$#0"1$&B#L&51X&4%'.1
(1?'41.%C&(#4#L#&`9#$#&*&!.%)1(#&(#&d#$*C$#LX&,,&C%LX&L%+.%&L%&9%$9*&*/D1>?&!.%)1(#&*
`9#$#&:*$#0.*51&51X&*/C.1L#X&4%D#C#%&'.%)1('0*&%"4%$&*/&L)#&$#/.%C#&4$)%X&L#&`9$1&*
!.%)1(1&?/#5#D(%D&9%$9%D&/#4.1"1&*&%'.#9*i&*&L$?C%X&+"%&'?&`9$*X&0#%&)%5(*P0*&9%J1
%$C#(*/%)#(*X&4$1"'"#)J#.*&)1Q?&%4#'(%'"&%L&!.%)1(#
B%('"#("*(&3%$N*$%C1(*"&/#91.1S*%&51&4$1L#81X&L#&'?&!.%)1(*`9$*&EŒŽœ¹• &•§& &©¹¡• 
Ž•Ÿ”ž• G&(#4#.*&!#.%(?&4$1%L1)1(*&0#%&)*/#("*'0*&)%5(*<*&*X&?'41)+*&?&0)#$(%D
4%"V)#"?X&4%9*.*&'?&*&4$%"1$#.*&C$#>#(1X&4#&4%+"%&'?&'1&"?&'#D*&(#'"#(*.*X&4%P1+1&%L#".1
*'4#L1&(#&L$?C1&'"$#(1&H%D#X&#$V*>#0%(&'4.*"'0*X&4$*P#&D1>?"*D&4%&C$#L'0%D&4$1L#8?X
L#&'?&!.%)1(*&'*+.*&'&)1.*0%D&)%5'0%D&41+#0#&*&0%8#(*0#&*&%4'1.*&C$#L&'&*'"%0#&*&/#4#L#
3%'.1&?/#.?L(%C&%"4%$#&'"#(%)(*+")%&'1&$#/91C.%&(#&.#>#D#&(#&%"%01X&#&C$#L&'&(1+"%&J?L*
4#%&51&?&$?01&(#4#L#P*D#&*&9*%&'4#J1(&[&*'"%&)$1D1&'"$#L#%&51&*&f4*L#?$X&P*5*&'?
$#'"?$1(*&C$#>#(*&4%'.1&4%L*C.*&-?9$%)(*0&T1%+"1Q1(*&%'"#L%+1&'#D%&\#L#$&*&H$%C*$
!*C?$(%&51X&L#&51&'$1L*(%D&aII&)10#&-#.D#<*5#&'#&<1.*D&')%5*D&/#.1>1D&9*.#&4%"4?(%&?
'.%)1('0%5&).#'"*&*&L#&51&4$%<1'&%')#5#8#&9*%&/#)$+1(&_#0&51&%L(%+#5&81(*V&'"#(%)(*0#&'
U"#.*5%D&9*%&)1Q&"%.*0%&?+#%&?&"%0X&L#&51&4#4#&U)#(&IaX&'#D&4%$10.%D&-#.D#"*(#<X&%0%&, 
C%LX&'.#%&')%C&%4#"#&=#$"*(#&'&D(%C%&(%)#<#X&L#&4%&U'"$*&*&-#.D#<*5*&%"0?4J?51&$%9J1&*
')1"#P01D%+"* &B%.*0%&'?&'1&!.%)1(*&)1Q&%'1Q#.*&'*C?$(*&(#&"%D&4%L$?P5?&)*L*&'1&L#J1
%L#".1X&+"%&'?&, &C%L&'&)1.*0%D&N.%"%D&(#4#L#.*&91(1)1("'0%&0(1S1)'")%&?&U"#.*5*
*'0$<#)+*&'1&9.*/?&!14%("#

`4+"?&(1'*C?$(%'"X&0%5#&51&/#).#L#.#&?&(#+*D&0$#51)*D#&"10&4$1L&0$#5&aI&)10#X&)$.%&L%9$%
*.?'"$?51&'#0$*)#81&*&/#0%4#)#81&(%)<#&*&(#0*"#&L%D#Q1C&'"#(%)(*+")#&[&T#$%(*&(#>1(&51
/#0%4#(&/.#"(*&(#0*"&51L(1&V$*+Q#('01&C%'4%>1&'&(%)<*D#&<#$1)#&%L&O?'"*(#&I&L%&H*91$*5#&II
E"5&L%&2@&C%LG &0%5*&'?&9*.*&'0.%81(*&'*C?$(%&%L&'"$#V#&*.*&?&91C?&*'4$1L
(14$*5#"1J'01&(#51/L1&[&M$#9%)(*0?X&D1>?&h?9?+0*D&*&K*"*(%DX&9*%&51&?&51L(%5&C%D*.*
'#0$*)1(&C)%/L1(*&.%(#<&'#&/.#"(*D&(%)<1D&<#$#&O?'"*(*5#(#&II&E"5&L%&26@&C%LG &-%".1X
"%&51'"&L%&4%'.1L81&P1")$"*&aI&)10#X&(#+*&0$#51)*&(1&*/C.1L#&L#&'?&D(%C%&'"$#L#.*&%L
)#$)#$#&-&!1$C151)'0*&*D#Q1&?&D(%C%D&4$#)%&0#L&?4%/%$#)#X&9#$&?&4.#(*('0%5&'$1L8%5


 

 2@
;%'(*X&(#&4$*.*P#(&9$%5&C$#>1)*(#&*&'4%D1(*0#&a&*&aI&)10#X&0%5*&C%)%$1&%&*/)1'(%5
(1'D1"#(%5&)1$'0%5&*&?D1"(*P0%5&#0"*)(%'"*
O1L(%&4$1L#81&/#91.1S1(%&0%L&B%('"#("*(#&3%$N*$%C1(*"#&0#S1X&L#&'?&/#&:*$#0.*51)#
)$1D1(#&L%+.*&?&-#.D#<*5?&:$)#"*X&4%L&)%>'")%D&41"%$%&9$#Q1&*&L)1&'1'"$1X&*&L#&'?X&4%'.1
L?S1&9%$91X&'#).#L#.*&`9$1&3%0%$*)+*&*V&%(*&'?&/#).#L#.*&"%D&/1DJ%DX&/#&0%5?&'?&`9$*
9*.*&(#+.*&L#&51&(#5.14+#&EŽŽ§¦Š&•Ñ¦&Š &Š• ŸŠ&¢ªG&!)1&L%&3%$N*$%C1(*"%)#
)$1D1(#X&"5&L%&'$1L*(1&:&)10#X&$#/#/(#)#.*&'?&'1&5%+&%'"#<*&`9#$#&D1>?&:$)#"*D#
3%$N*$%C1(*"&4$*P#X&L#&'?&:$)#"*&?+.*&?&9%$9?&'&`9$*D#&4%&(#$1L9*&:*$#0.*51)%5&=*
L$S*D%X&L#&'?&3%$N*$%C1(*"%)1&)1'"*X&L%'#L&P1'"%&4%"<18*)#(1X&L#"1&'#&*/)1'(%D
"1(L1(<*5%Di&*(*<*#"*)?&/#&<1.?&'")#$&%(&51&V"1%&*/&D(%C%&$#/.%C#&L#&/#L$S*&/#&K*/#("*5?
;*Q1&*/)1'(1&*'"*(1&?&"%DX&L#&51&9%$9#&:$)#"#&'&`9$*D#&)%>1(#&#0%&(1&4%&(#$1L9*&<#$1)%5X
%(%&')#0#0%&?/&*/)1'(?&4%D%Q&81C%)*V&).#'"*X&L#&9*&'1&`9$*&4%"*'(?.*&'&)*/#("*'0%C
4%L$?P5#&3%&(#+1D&D*+J18?i&0%51&%)L1&(1&D%S1D%&4%'19(%&$#/)*5#"*X&:$)#"*&(*'?&/#&%)?
9%$9?&4%/*)#(*&P#0&*/&=#.1&3%J'01X&CL1&*D&51&9*.#&'"#$#&L%D%)*(#X&(1C%&'?X&(#.#/1Q*&'1&)1Q
D1>?&'.%)1('0*D&4.1D1(*D#X&0#%&)1$%)#"(%&(#59%J1&%$C#(*/%)#(*X&?+.*&?&9%$9?&=%SL#&'?
'#D*&8*V%)*&'?(#$%L(*<*X&0%5*V&51X&?&'#'"#)?&'.%)1('0*V&D#'#X&9*.%&L%'"#&P#0&4%&5?S(%D
;#.0#(?X&4%/*)#.*&')%51&L$?C%)1&*/&%9.#'"*X&4$10%&!#)1&*&-?(#)#&L#&*D&L%>?&?&4%D%Q
3%$N*$%C1(*"&(#$%P*"%&0#/?51X&L#&'?&:$)#"*&L%+.*&<#$?&:*$#0.*5?X&"5&?&)*/#("*'01
%9.#'"*X&4$1&!$9#X&#.*&%9%5*&*4#0&/#&).#L1&*'"%C#&<#$#&E,7, G&`(&(1&4%D*81&'$4'01
9%$91&'#&`9$*D#X&(1C%&'#D%&0#/?51&L#&51&<#$&?'"?4*%&!$9*D#&/9%C&`9#$#&%4?'"1.1&/1DJ1
!$9*5?X&3%C#('0?&E"5&(1$1"J#('0?&%9.#'"GX&\#V?DJ1&*&H$#)?(*5?&'&B%(#)J1D&3%&81D?
!$9*5#&51&"#L#&%9?V)#"#.#&?51L(%&*&;%'(?&EŠ &›¨¡§•&Җ¦¨G.&?4$#)%&K$V9%'(?X&L%0&'?&!%.*
4$*9$#5#(1&?&4$#)?&!$9*5?X&#&(1&?&;%'(?
UD#&(#?P18#0#&0%5*&D*'.1X&L#&'1&(#&(#+1D&4%L$?P5?&$#/#/(#5?&L)1&)1.*01&'1%91&!.%)1(#
O1L(#&?&)1/*&'#&`9$*D#X&#&L$?C#&'#D%'"#.(#X&?&/(#0?&9%$91&'&8*D#&*.*&?&'4%$#/?D?&*&'#
4$*'"#(0%D&K*/#("*51&=*&L$S*D%&L#&'1&4$1.#S181&!.%)1(#&(#&;#.0#(&)$+*.%&?&)*+1
1"#4#&]*V%)%&4.#)J181&"$#5#.%&51&)*+1&%L&51L(%C&)10#&[&"%D&%C$%D(%D&)$1D1('0%D
41$*%L?&%(*&'?&L%.#/*.*&*&4%L&)%>'")%D&L$?C*V&*&'#D*i&*&4$*)$1D1(%X&'#D%&4J#P01&$#L*X&*
'"#.(*51X&L#&'1&%'.%9%L1&4$*"*'0#X&*.*&+"%&'?&*D&'1&')*L1.#&4%C%L(#&D1'"#&(#&;#.0#(?X&*.*
*/&D#&0%C&L$?C%C&$#/.%C#&-%.#/*.*&'?&*&'#&$#/(*V&'"$#(#X&(10*&4$10%&L#(#+81&K.#+01X
L$?C*&4$10%&B#$4#"#X&0#0%&51&0%51&/#V)#"*%&(#.1"&M%"#X&:?(#X&`9#$#X&*.*&(10%&?/#5#D(%
4%"*'0*)#81&e1'"*&)10&4$1"'"#)J#&?&"%D&4%C.1L?X&(#&4%L$?P5?&5?C%*'"%P(1&Y?'*51X&3%J'01
*&L?(#)'0%C&9#/1(#&&D1"1S181&0#0)%&'1&$1"0%&0#L&5#)*.%&?&V*'"%$*5*&f)$%41&?%4+"1&-#&'?
$#/(#&'.%)1('0#&4.1D1(#X&'#&$#/(*V&'"$#(#X&9*.#&/#V)#Q1(#&"%0%D&"%C#&*&'1LD%C&'"%.1Q#&)*L*
'1&(#59%J1&4%&"%DX&+"%&D*&L?9%0%&(#&5?C?&;#.0#(#&(#.#/*D%&(#'1J#&*&!D%J#(#X&*&-$?C%)*Q#X
P#0&*&!#0?.#<#X&*&(#/*)1&D1'"#&4%&(#'1J*D#&-?J19#X&!$9#&*&:$)#"#&UD1(#&:$)#"#&(#.#/*D%
P#0&0%L&R"*(1&*&=*01(1X&!$9#&?&f4*$?&*&H1'#.*5*&T#?P18#<*X&0%5*&C%)%$1&%&L)1&'1%91X
%'.#8#5?&'1&?&C.#)(%D&(#&3%$N*$%C1(*"#&`)#5&4$)?&'1%9?&%/(#P#)#&0#%&4$%L*$#81&!.%)1(%
`9#$#X&#&L$?C?&0#%&'1%9?&:$)#"#&*&!$9#&=1>?"*DX&81C%)%&0#/*)#81&(1&D%S1D%&?/*D#"*
L%'.%)(%&=*&')*&L#(#'&4%?/L#(%&/(#D%X&L#&51&'.%)1('0%&4$%L*$#81&4%P1.%&*&4$1&/#51L(*<1
'#&`9$*D#&*&/(#D%&?&C.#)(*D&.*(*5#D#&*&0#0%&51&*+.%&f"#4#&'.%)1('01&/#51L(*<1&'#&`9$*D#
9*.#&51&(#59?$(*5#&*&'&"%C#&'1&(#59%J1&/#4#D"*.#&U'"%&"#0%&<#$&4%L).#P*&4%'19(%&L%.#/#0
!$9#&*&:$)#"#&*&/#)$+#)#&L%(10.1&4$%<1'&'&8*D#&/#&"%X&+"%&'?&"#&L)#&4.1D1(#&0#%
(#5#0"*)(*5#&L%9*.#&4$1'?L(?&?.%C?&D1>?&/#4#L(*D&!.%)1(*D#&(#&;#.0#(?&*&%'(%)#.#
4%'19(1&L$S#)1X&4$*0?4*)+*&%0%&'191&L1.%)1&L$?C*V&'.%)1('0*V&4.1D1(#&`(*&'?&'1&*'"#0.*
(#5)*+1&*&'&"%C#&51&1"#4#&8*V%)1&L1.#"(%'"*&*&%'"#.#&(#5)*+1&?&?'4%D1(*&R0%&'?&!$9*&*
:$)#"*&L%+.*&L%<(*51X&0#%&%$C#(*/%)#(#&$#"(*P0#&4.1D1(#X&'&<*J1D&L#&'1&9%$1&4$%"*)
`9#$#&?&-#.D#<*5*&*.*&L#&4$*D1&8*V%)#&D1'"#X&%"0?L&%(L#&8*V%)#&(#'1J#&?&f4*$?&*.*
31.%4%(1/?“&=1>?"*DX&8*V%)#&'1&4%5#)#&"#D%&'#')*D&D*$(%&L#&%95#'(*"*&0#L&'1&?/D1&L#&'?&*
8*V%)*&L1.%)*X&0#%&*&L1.%)*&L$?C*V&!.%)1(#X&9*.*&/#V)#Q1(*&%4+"*D&4%0$1"*D#&*&"#0%&?
8*D#&L%'41.*&*&"#D%&!$9*&*&:$)#"*&9*.*&'?&'*C?$(%&#0"*)(*5*&*&9%$91(*5*&(1C%&L$?C#&(10#


 

 2
'.%)1('0#&4.1D1(#X&#.*&L#&(*'?&9*.*&%$C#(*/%)#(#&$#"(*P0#&L$?S*(#&)*L*&'1&5#'(%&4%&"%DX
+"%&(*'?X&0#%&;?C#$*&*.*&Y?'*X&D1>?&4%0%$1(*D&'.%)1('0*D&D#'#D#&'")%$*.*&%LD#V&')%5?
L$S#)?&*&(#"?$*.*&')%5?&).#'"
`9#$'0*V&"$#C%)#&%'"#%&51&?&(#+1D&(#$%L?&4$*.*P#(&9$%5&T#5)*+1&*V&51&?&(#/*)*D#&D1'"#
`L&B%$?+01X&CL1&'.%)1(#P0%&K%)9$1&T1D<*&/%)?&  &*&  X&*D#D%&*V&')1&L%
T1$1")1&[&-#.D#<*5*&'1&'4%D*8?&P1"*$*&`9$%)<#&*&C$#L&`9$%)i&?&9%'#('0%5&B$#5*(*&L)#
`9$%)<#&*&`9$%)&?&3%?8?i&'1.#&`9$1&4%'"%51&?&'$1/%)*D#&)*'%P0%DX&$%C#"*P0%D&*
0%8*P0%D&[&0%8*P0%D&'$1/?&(#.#/*&'1&*&(#/*)&`9$*(#&T#&`9$1&4%"'1Q#5?&?&9*51J*('0%D
'$1/?&K1.*0#&*&=#.#&`9#$'0#&\#&D#(#'"*$&K?5#(&?&$?L(*P0%D&0$#5?X&?&!$9*5*X&0#/?51&'1&L#&'1
$#(*51&/)#%&`9$%)*(&[&(#$%L?&'1)1$(1&-#.D#<*51&*&4%&b*<*&5%+&*&L#(#'&'1&%P?)#%&4$*L1)
( i&F)*0#"*&%9#$'0*FX&F+P14#"*&%9#$'0*F&0#S1&'1&0#L&'1&V%Q1&L#&'1&*'"#0(1&0#0%&51
(1+"%&?P*81(%&F'(#S(%X&)1%D#&5#0%F&3#L#&?&%P*&L#&51&(#5)1Q*&L1%&%'"#"#0#&"*V&"$#C%)#
%P?)#(&9#+&?&C$#(*<#D#&'"#$1&%9.#'"*&-#.D#<*51X&#.*&5?S(#&.*(*5#&"%C&$#'4$%'"*$#8#&(1
*L1&*'4%L&C%$81C&"%0#&T1$1")1&O1L*(*&(#/*)&5?S(*51&%L&"%C#&"%&51&D1'"%&`9$%)%&?&\#"%(?
0%L&-?9$%)(*0#&[&4#4'0*D&.*'"*(#D#&%L&7&C%L&C$#L&;#$&'1&(#/*)#&F  
&m  FX
#.*&F(1&/(#&'1&/#+"%&C#&4*+?&%)#0%X&L#&.*&$#L*&0#0)1&?P1(1&*("1$4$1"#<*51&%L&*D1(#
R("*)#$*&*.*&/#"%&+"%&51&(10#L#&/#*'"#&9*%&%)#5&0$#5&?&).#'"*&R)#$#X&0#0%&51&<#$
3%$N*$%C1(*"&?P*%F
T#5)*+1&L%L*$#&*/D1>?&L%'1J1(*0#&!.%)1(#&*&$%D#('0%C&1.1D1("#&9*.%&51&?&3$*D%$5?&*&?
81D?&9.*'0*D&%9.#'"*D#X&CL1&51&"#5&1.1D1(#"&9*%&*&(#5*("1(/*)(*5*&H#D%&'?X&(#&4$X
4$*D*.*&*D1&%9.#'"*&B%(#).*X&B%(#).1&%L&.#"*('0%C&  &&%L)%L(*&0#(#.&F`)#&$*51P&?
%9.*0?&  C  &4%'"%5*&5%+&*&L#(#'&?&d$(%5&M%$*&*&?&;#$?&?&/(#P18?&F5#$?C1&/#
(#)%L8*)#81F&U/&"%C#&'1&)*L*&L#&%)L51&/#"10%+1&!.%)1(*&$%D#('01&4%J%4$*)$1L(*01&`L
'"#$*V&C$#L%)#&4%'.%)1(*.*&'?&'#D%&L1.*D*P(%&*D1&'"#$%C&=?0?$?D#&?&=#0#$'0?X&#&'"#$%
*D1&r  &E%L& 
  G&4$1)1.*&'?&0#%&-%9$%"?&*.*&l&?&;.#C#5&`L&'"#$*V&Y%D#(#
?&31$#'"?&%'"#.%&51&*D1&9$L#&B#'%(&%L&
 &*&%'"$)<#&e0$451.#&%L&
  &-#&51&?
3$*D%$5?&0%L&-?9$%)(*0#&9*.%&L%'"#&Y%D#(#&0%5*&'?&?"*<#.*&(#&!.%)1(1&F)*L*&'1&*&4%&"%D1
+"%&!.%)1(*&(#/*)J?&'"#$*&f4*L#)#$&(1&%(#0%&0#0%&'?&C#&/)#.*&L?9$%)#P0*&Y%D#(*&3*"#?$#X
(1C%&%4Q%D&.#"*('0%D&$*51P*&  X&d#4"#"&*&d#)"#"F&\#&?"*<#5&"%C&1.1D1("#&')1L%P*&*
P*"#)&L$?C*&(*/&(#/*)#&*/&"1&%0%.*(1X&0#%&;$C#"&&a X&Y%S#"&&v
X&e?D1"&
wX&;?.1"&%L&  X&!"%(&&q&[&?(?"$#+8%'"*&$%D#('0*V&(#/*)#&51&D#81
R.*&=#"%0*"&0%L&K$C%$<#&%L&„&X&;?(#X&-?$D*"%$X&-?D(%X&D%SL#&M.#D%P&%L
-.#D%PX&['"*0%.*(#X&B%.?(X&Y%D#(*5#&*&'.&'.?S1&*4#0&0#%&L%0#/&*&$%D#('0%C&?"*<#5#&*
'.%)1('0%$%D#('01&'*D9*%/1&!"#$*V&C$#L%)#&?&?(?"$#+8%'"*&4%"4?(%&(1'"#51&*&D1'"%&8*V
'1&(1&%9(#)J#5?&(%)*X&0#%&+"%&51&9*%&'.?P#5&?&4$*D%$5?&'#&;#$%DX&B%"%$%DX&-?9$%)(*0%D&*
!4.*"%D
[4#L#&?&%P*&P*81(*<#X&L#&51&?&?(?"$#+8%'"*&'"#$1&-#.D#<*51X&"5&(#&4%L$?P5?&L#(#+81
;%'(1&*&:1$<1C%)*(1X&)1Q*&9$%5&4$1%'"#.*V&'"#$*V&(#/*)#&.%0#.*"1"#&*&$10#&4$1L$*D'0%C
#?"%V"%(%C&'"#(%)(*+")#&!"#$?&"$#L*<*5?X&0%5?&Y*DJ#(*&(*'?&*'"$.*&*&0%5?&'?&4$*D*.*
L%'1J1(*&!.%)1(*X&0#$#0"1$*+?&(#$%P*"%&C%"%)%&4%"4?(%&%P?)#(*&(#/*)*&')*V&)#S(*5*V
$10#&*&4.#(*(#&?&/1DJ*X&0%5*&'1X&4%&4$#)*.?X&')?L#&(#&')1"?&?4%$(*51&L$S1&%L&*D1(#&D1'"#
`L&)1Q*V&$10#&(*51L(#&'1D&!#(1&*&B$*)#51&(1D#&(%)%*D1&E!#)#X&-$*(#X&;%'(#X&T1$1")#X&H#$#X
[(#X&K$9#'G&B%L&4.#(*(#&'"#$*&'?&(#/*)*&3$18#X&K1.1S*X&=#51)*<1X&K#$L1X&=%+%$#X
;%"?8#X&-*(#$1X&-#$L#C#8#X&HD%$#X&*&'.&H%4%(%D#'"*0#&;%'(1&*&:1$<1C%)*(1&L#51&L%)%J(%
')1L%P#('")#&%&0%("*(?*"1"?&81(*V&(#'1J#&*&%&"$#C%)*D#&'"#$*V&)1/#&*&'#&(%)*D
L%'1J1(*<*D#
3$*$%L(#&51&'")#$X&L#&51&'.%)1('0*&1.1D1(#"X&0%5*&51&(#'1.*%&%)%&4%L$?P51X&L%+#%&4%L&?"*<#5
$%D#('01&0?."?$1X&0%5#&'1&"?&/#"10.#&*&0%5#&51X&4%'.1&4$1%'"#.*V&(14$*5#"1J'"#)#X&4%P1.#&L#
L1.?51&-#(#'&51&4%"4?(%&5#'(%X&L#&C$P0*&?"*<#5&(#&)1Q*(?&!$9#&4%P*81&D(%C%&L%<(*51X&"10&?
:&)10?X&0#L&51&9%$91(%&'$4'0%&4.1D1&4%P1.%&L#&'1&+*$*&4$1D#&0%".*(#D#&0%'%)'0%5&*


 

 ,7
D%$#)'0%5&*&0#L&51X&4%'$1L'")%D&D#Q1L%('0*V&!.%)1(#X&4%P1.#&V$*'"*5#(*/#<*5#&'$4'0*V
4.1D1(#&'#&C$P0%D&L?V%)(%D&0?."?$%D&B&O*$1P10&51&L%9$%&?4%/%$*% &L#&D*&/#&K*/#("*(<1
*.*&O1.*(1&*D#D%&'#D&(#/*)&4 &EM$}0}G&%L&.#"&s 
X&L%0&'?&'1&%(*&'#D*&/)#.*&Y%D15*X
Ó´¨”§• &4#&*V&4%L&"*D&*D1(%D&*&/(#5?&8*V%)*&#/*'0*&'?'1L*&E41$/*'0*&*&#$#4'0*&Y?DX
"?$'0*&[$?DG&K.#L#$&'1&8*V%)&0%L&!$9#&/%)1&P*'"%&4%&.#"*('0%D&<'#$¯X&<¯'#$¯X&<#$¯&#&(1
¹¦ ŽžŸ’&_*'"%&$%D#('0%C&4%$10.#&'?&(#+1&$1P*&%."#$&&  X&$#0#&&# '#X& 
&&<1$X
 && &&0?DX& 
&&D#"%$X&
&&4%C#(*(X& &&4#"*"*i&515 &&S1S*(X
% &&%.15X&?J1X&

&&'#("}X&  1&&$#P?(X&
&&91+*0#X& &&'"#$%L#.D#"*('0*
 
X& 
&&0$*S&

&&L¯'0#X&L#'0#&T101&%L&$%D#('0*V&$1P*&%'"#.1&'?&*&?&'$1L81&C$P0%D
*&'.%)1('0%Di&"#0%& &&Žœ™ &&0%.1L1i& 
&&œ” •’&&0#D*(#i&
 &
¦Š‘ŽŽ •&&0%'"1.&EB%'"%.#<Gi&
 &&œ¦Š¡•&&0%'"?$i&
 && ¦Š‘¡&&<*'"1$(#i
 
 &&Žž ¦•Ÿ¡&&0.*'?$#i&•˜”‘¡ •&Ô&  &Ô&0ÕD1$¯0¯i&

&Ô&
 
&
•Ÿ¡¦•&&0?$¯'#$¯X&V?'#$¯X&C?'#$i&
 &&”œ¢ ¦Š¡•’&&D#5'"%$i&  &&·ŽœŠ •&&4#.#"#i
 &&·–¡Š&&4%$"#&*"L&3$*D1$*&'?X&0#%&+"%&'1&)*L*X&$#/(%)$'(*&*&4%"*P?&(1&'#D%&%L
?"*<#5#&<$0)1&*&#LD*(*'"$#<*51X&(1C%&*&%L&D#"1$*#.(1&0?."?$1X&0%5?&'?&!.%)1(*&(#.#/*.*&*
4$*D#.*&(#&;#.0#(?&_#0&%L&$%D#('0%C&F  FX&F%L1.%F&*&4%'.1&D#"1$*5#&/#&%L1.%&L%+.#&51&(1
'#D%&(#+#&$1P&*'"%C&/(#P18#X&(1C%&*&4%5#D&(.&(#54$1&?&/(#P18?&?C$#9*"*&%L1.%X&#&4%'.1
?&+*$%0%D&/(#P18?&F4J#P0#"*F
!$4'0#&4.1D1(#&C$?4*'#.#&'?&'1&?&4.#(*('0*D&4$1L1.*D#&%L&!#)1&*&3.*)1&L%&b*D#&*&/#4#L(1
=%$#)1&*&%L&d1"*(1&L%&;%5#(1X&L#0.1&4%C.#)*"%&?&4%L$?P5?&L#(#+81&;%'(1&*&:1$<1C%)*(1X
T%)%C&3#/#$#X&/#4#L(1&!$9*51X&5?S(1&-#.D#<*51&*&d$(1&M%$1&3%L&')%5*D&(#$%L(*D&*D1(%D
%(*&'1&4%D*8?&(#&"%D&4%L$?P5?&4$)*&4?"&@&C%L*(1&?&)%&N$#(#P0%C&4*'<#&R5(V#$L#
EF&q  
X&È& &&x  & &   &   FG
&!$4'0%&4.1D1X&)1%D#
D(%C%9$%5(%&*&$#+*$1(%X&4%D*81&'1&?&4$1L1.*D#&9.*/?&N$#(#P01&C$#(*<1X&CL1&'?&*&L#(#'
L1.%D*P(%&%P?)#(*&b?S*P0*&!$9*&`L&b?S*<1&8*V%)#&'?&(#'1J#&V)#"#.#&L1.%D&4$10%
_1+01&E;%501X&l X& &l  G&L%&`L$1&*&K*'.1X&CL1&'?&C$#(*P*.#&'#&:$)#"*D#
3%$N*$%C1(*"&51&*/$*P(%&/#91.1S*%&4$1L#81X&L#&4.1D1&/#V?D'0*V&).#L#$#&K*+1)*Q#&)?P1
.%/?&F%L&(10$+"1(*V&'"#(%)(*0#&%0%&$101&K*'.1F 
K#S(%&51&?")$L*"*&L#&L%'1J1(*<*&?&(#+1&%9.#'"*&'#&"*V&'1)1$(*V&'"$#(#&(*'?&*+.*&'#D%&(#
/#4#L&;#.0#(#X&(1C%&L#&*D#D%&L%0#/#&*&%&8*V%)%D&'4?+"#8?&(#&5?S(*&-?(#)&R9%L$*"1X
;%L$*Q*X&P*5?&1"*D%.%C*5?&*D#D%&?&0%D9*(#<*5*&%9&&`L$#X&#9&&`L$#X&(#.#/1&'1&(#&-?(#)?&*
%0%&81C#X&(#&4%L$?P5?&9*)+1&9#P0%9%L$%+01&S?4#(*51 &U&*D1&'1)1$(*V&h?"*Q#&'$1"#D%
0%L&51L(%C&4%"4*'(*0#&*/&5?S(%'.%)1('0*V&%9.#'"*&?&d*)*L#.'0%D&f)#(>1J?&\#&)1/1
*/D1>?&"*V&'.%)1('0*V&0$#51)#&*&(#+*V&L%'1J1(*0#&C%)%$*&?&D(%C%D&*&'.*P(#&'.%)1('0#
"%4%(%D#'"*0#X&51$&51&4%/(#"#&4%5#)#&L#&L%'1J1(*<*&$#L%&?4%"$19J#)#5?&(#&(%)%D&4%L$?P5?
'"#$1&(#/*)1&T#&'$4'0%V$)#"'0%D&4%L$?P5?&*D#&D(%C%&'.*P(*V&(#/*)#&'#&%(*D#&?&=%$#)'0%5X
M#.*<*5*X&=#.%5&3%J'0%5&*&?&e.1'0%5&T4$&K%.*(*5#&*&K%.*8#&?&;%'&B$#5*(*i&=.#)#&?
!$9*5*&*&3%J'0%5X&(#+#&*&+.1'0#&`L$#X&9%'#('0#&*&D%$#)'0#&!)*"#)#X&(#/*)&=%$#)1&*
=%$#P1X&3P*8#&*&3+*8#X&4$*"%0#&`L$1X&C#.&!#(&*&!#(#&*&!#(*<#X&4%J'0*&-?(#51<&*
-?(#51<&?&:1$<1C%)*(*X&B?5#)*<#&*&B?5#)P1&0%L&(#'&*&4%J'0#&B?5#)*5#&*&'.&T#&;?C&4%"'1Q#
5#'(%&*D1&C$#L#&;?S*D#&0%L&M%'4*Q#&*&;%'&B$?41&*&(#/*)&;?S#(#&*&;?+01&S?41
`L&%'"#.*V&'.%)1('0*V&4.1D1(#X&0%5#&'?&'1&L1.*D*P(%&(#'1.*.#&(#&4%L$?P5?&;%'(1&*
:1$<1C%)*(1X&'1D&!$9#&*&:$)#"#X&/(#D%&4%&%'"#<*D#&.%0#.(*V&*&.*P(*V&(#/*)#&5%+&/#
-?J191&*&!D%J#(1&[&;%'#('0%5&B$#5*(*X&*/#&K$"%P1X&(#.#/*&'1&51L(#&L%.*(#&(#/)#(#
-?.*9%D&E%L&>?(G.&#&4%$%L*<#&-?.*9#&*&-?.*9*Q#&*D#&*&?&;%'(*&*&?&-#.D#<*5*&T#
L1'(%5&'"$#(*&T1$1")1&%P?)#(%&51&')1&L%&L#(#'&5#0%&9$#"'")%&!D%J#(#X&#&4%'"%5*&*&'1.%
!D%J#(#&0%L&;%'&31"$%)<#&[&"$19*8'0%5&%9.#'"*&*&%0%&T1)1'*8#&#$V*)'01&08*C1
L?9$%)#P01&^Ia&)10#&P1'"%&4%D*8?&*&'"#$%&9$#"'")%&-$?C%)*Q#
`L&(10#L&!.%)1(*D#&'?'1L(%C&4.1D1(#&!4#.#X&0%51&51&S*)1.%&(1CL1&%0%&K*'.1&E?&*'"%P(%5
3$?'0%5&(#.#/1&'1&L)#&'1.#&q GX&%'"#.#&51&?&'1Q#8?&8*V%)#&'(#C#&?&"%.*0%5&D1$*X&L#&*V


 

 ,
'D#"$#5?&0#%&(10#&)*+#&9*Q#&&U'4%.*(&H%&'1&*D1&P?51&*&?&;%'(*&[&9*.1Q0%D&'$1/?
4%'"%5*&:*(#&M.#)#&T#/*)&51&L%+#%&%L&:?(#X&/#&0%51&51&(#+&(#5'"#$*5*&%9.*0&:|(}&T#/*)
e1$1D1"X&P1'"&0#%&4$1/*D1&?&;%'(*&*&0%L&Y?'#X&L%+.%&51&%L&*D1(#&4.1D1(#&!#$D#"#&[&(#'&'1
)1$?51&L#&'?&F=#<?$1&L?C#P0*&J?L*X&0%5*&'?&9*.*&4$1&%)%C&')1"#FX&#&*D1&51&L%+.%&%L
'1Q#8#&(#&'"#(%)(*01&%(%C&4.1D1(#X&%L&0%C#&'?&L%9*.#&(#/*)&*&=#/?$'0#&51/1$#
3$)%9*"(#&%$C#(*/#<*5#&'.%)1('0*V&L%'1J1(*0#&9*.#&51&4.1D1('0#&[&"%D&4%C.1L?&%(*&'?&(#
;#.0#(?&(#*+.*&(#&)$.%&4%C%L(1&?'.%)1&/#&(#'"#)#0&"1&"$#L*<*51&j*)%"&'"#$*V&U.*$#&9*%&51
'#)&?&4.1D1('0%5&%$C#(*/#<*5*&*X&D#&0%.*0%&L#&'?&C#&Y*DJ#(*&$#/9*5#.*X&%(&'1&*4#0
%L$S#)#%X&(#$%P*"%&?&4.#(*('0*D&%9.#'"*D#&Y#/?>1(*&L*(#$'0*&'*'"1DX&'#&')%5*D
%L)%51(*D&L%.*(#D#&*&4.#(*(#D#X&0%51&'?&$#'"#)J#.1&4%51L*(1&%9.#'"*X&9*%&51&0#%&'")%$1(&L#
4%L$S#)#&"#0#)&(#P*(&S*)%"#&U&/#&'"#$1&K.#V1&?")$L*%&51&3&!0%0X&L#&'?&?&d$(%5&M%$*&*
:1$<1C%)*(*&9*.*&%$C#(*/%)#(*&4$1D#&N#D*.*5#D#&*&4.1D1(*D#&3.1D1(#&'?&'#P*8#)#.#
9$#"'")#X&#&9$#"'")#&$%L%)*&F;$#"'")#&'?&?)10&(#'"#81(#&?&C$?4*X&?&/#'19(*D&'1.*D#&*.*&?
C$?4#D#&%L&'1.#F&3.1D1('0#&%$C#(*/#<*5#&%P?)#.#&'1&')1&L%&L#(#'&?&0%(/1$)#"*)(*D
9$L'0*D&%9.#'"*D#X&'.#9*51&?&*'"%P(%5&:1$<1C%)*(*&*&;%0*&B%"%$'0%5X&#&9%J1&?&d$(%5&M%$*
*&0%L&R$(#?"#&O&f$L1J#(%)*QX&0%5*&51&4%'19(%&4$%?P#)#%&"1&'")#$*X&0%('"#"?51&%)%
F!)?L&51&'1L*+"1&4.1D1(#&'#&81C%)*D&'"#.(*D&(#'1J*D#&?&'$1L*(*&4.1D1('01&"1$*"%$*51X&#
%L#')?L#&?(#%0%.%&51&+*$%0&4%5#'&*.*&/%(#&(#'1J1(%CX&L1.%D&(1?"$#.(%C&/1DJ*+"#&T1CL1&51
"#&/%(#&"#0%&+*$%0#X&L#&'1&4%&8%5&D%S1&*Q*&4%&<1%&L#(&*&)*+1X&#&L#&'1&(1&(#*>1&(*&(#&0#0)%
'"#.(%&(#'1J1&[&8%5&'?&'#D%&4.#(*(1&'#&+?D#D#&*&4#'*+"*D#X&%0%&0%5*V&'?&'1&'?'1L(#
4.1D1(#&$1L%)(%&9%$*.#&*&%"*D#.#F&H#5&4%5#'&/1DJ*+"#&')%5*(#&51&<1.%C#&4.1D1(#&*&/%)1&'1
F4.1D1('0#&/#51L(*<#F&K?0&B#$#Z*Q&91.1S*&5%+&@A6&/#&d$(%C%$<1X&L#&(1D#5?&4$#)*V&'1.#
FH#D%&'1&/(#&'#D%&/#&4.1D1(#X&4#&*&#0%&4%51L*(#&9$#"'")#&*.*&4%$%L*<1X&0%51&P*(1&4.1D1&*
C$#L1&E4%(#5)*+1&%L&0#D1(#G&0?Q1&(#&51L(%D&D51'"?X&"%&'1&"#0)#&C%D*.#&0?Q#&(1&D%S1&(#/)#"*
'1.%DX&51$&(1D#&(*&')%C#&*D1(#&(*&#"#$#F &K1/#&*/D1>?&9$#"'"#)#&51&0$)(%&'$%L'")%&*.*
"$#L*<*5#&%&*'"%D&4%$10.?X&L%0?D1("%)#(#&*'"%D&0$'(%D&'.#)%D&;$#'")1(*<*&'1&?/#5#D(%
4%D#S?&?&')#0%D&4%C.1L?i&?)$1L#X&(1)%J#&*.*&4%C*9*5#&51L(%C&P.#(#&4$1(%'*&'1&%LD#V&(#
P*"#)%&9$#"'")%&H%&'1&(#$%P*"%&4%0#/?51&?&0$)(%5&%')1"*&0%51&*D#5%+&*L#(#'&4%&')%5&d$(%5
M%$*X&#&0%5#&51&L%&(1L#)(%&4%'"%5#.#&*&?&:1$<1C%)*(*&T#&P1.?&9$#"'")#&9*%&51&C.#)#$&*.*
0(1/X&?&4%'.1L81&L%9#&P1+Q1&'&(#'.1L(*D&4$#)%D&?&*/)1'(*D&4%$%L*<#D#X&*'"%&0#%&*&P*(
)%5)%L1X&0%5*&51&'&4%P1"0#&9*%&)%5(*P0*&4$1"'"#)(*0&4.1D1(#&U(#P1X&4.1D1(#&'?&S*)1.#
L1D%0$#"'0*&UD#.#&'?&')%51&%')1+"#(%&*&'"$%C%&%9*P#5(%&4$#)%X&'0?4J#.#&'?&'1&(#&')%51
/9%$%)1&/#&$1+#)#81&$#/(*V&4*"#8#&*&/#L$S#)#.#&/#&'1X&4%(10#L&P*'"%&N%$D#.(%X&4$#)%
*/9%$#&')%5*V&'"#$1+*(#
U/D1>?&(#+*V&*&'"#$%'1L1.#P0*V&4.1D1(#&L%+.%&51&L%'"#&$#(%&L%&?/#5#D(*V&)1/#&*&'"#4#8#
[&4.#(*('0*D&%9.#'"*D#&4$*9.*S*%&*V&51&/#51L(*P0*&'"%P#$'0*&(#P*(&S*)%"#X&0%5*&51&9*%&*
%'"#%&0$%/&')1&)10%)1&V*'"%$*51&C.#)(%&/#(*D#81&(#+*V&9$>#(#&F3.#(*(1&<1("$#.(%
L*(#$'01&/%(1&'")%$*.1&'?&F'"#(F&E#$9&'"#(X&(%)%C$&¦ŠœG&!")%$*.1&'?&4#'"*$'0%&'1.%X
L$1)(*&4$1L*(L%1)$%4'0*&0#"?(X&0%5*&51&91/&%9/*$#&(#&#$9#(#'0?X&'.%)1('0?&*.*&$?D?('0?
0$)&4%')?L#&51L(#0F
&T#/*)*&*/)1'(*V&(#+*V&4.1D1(#&0#%&;?0?D*$#X&3*41$#X&=#"#$?C#X
B?P#&*&'.&4%0#/?5?&5#'(%&"?&'*D9*%/?&T#&4%L$?P5?&;%'(1X&CL1&'?&%'"#<*&'"#$*V&4.1D1(#&9*.*
)*+1&$#/9*51(*&*&'.%)1('0#&'(#C#&5#P#X&"#0)*V&%P*C.1L(*V&'*D9*%/#&(1D#X&#.*&*D&51&%'"#.%
"$#C#&?&:1$<1C%)*(*&H$19*8'0%&4.1D1&' (%
$.&0%51&4%D*81&-?0J#('0#&:$%(*0#X&"#0#)
51&%'"#"#0&O1L(%&4#'"*$'0%&4.1D1&%$&0%L&!"%<#&*D#&5#'(%&#$9#(#+0%&*D1&*&4%0#/?51
0%.*0%&51&?&?(?"$#+8%'"*&L#.10%&%L&4$#)1&#.9#('01&9#/1&%'"#5#.%&'"#$*V&%$C#(*/#<*5#
T14%?/L#(%&51&4$*P#81&R&b?9?$*Q#X&0#0%&'?&(#5$#(*51&?&:1$<1C%)*(*&).#L#.1&
&*
*D#.1&0$#J#&'% &3%&(#$%L(%D&4$1L#8?&=#"#$?C#&51&9*.%&$#(*51&(#&M$#V%)?X&#
(1'"#.%&*V&51&%L#".1&"10&'$1L*(%D&^aIII&)10#&-#0%)*Q#&9$#"'")%&'#&"%C&4%L$?P5#&*/)%L*
')%51&4%$10.%&%L&B?P# &L#0.1&*/&51L(%C&D1+#(%C&'$4'0%#$9#(#+0%C&4.1D1(#&!&L$?C1
'"$#(1&$%D#('0%'.%)1('01&9.*S1&'"%P#$'01&)1/1&4%")$>?51&V1$<1C%)#P0*&0#"?(&(
K$.%&51&0#$#0"1$*'"*P(#&4%5#)#X&L#&*&(#+*&J?L*&')1&'"%P#$1&4$*&8*V%)*D&)#S(*D


 

 ,
0$1"#8*D#&'#&'"%0%D&F/%)?&R$(#?"*D#&4#&*&0#L&'?&'$4'0%C#&4%$10.#F&:1$<1C%)*(#&*D#
D(%C%&'"%P#$'0*V&(#/*)#&#.9#('0%C&4%$10.#&E(4$&(?&F9*51.#&%)<#X&0%5#&*D#&<$(1&D$J1&4%
C.#)*&*.*&<$(#&0%/#&'&9*51.*D&D$J#D#Fi&
&FD.#L%&4'1"%Fi&
.
. &?/)*0&/#&0%/?G
H%0%D&-$*(1&')1&L%&!$19$1(*<1X&4$%L$.%&51&(10%.*0%&#$9#(#'0*V&$1P*&*&%L$S#.%&'1&"#D%&?
"#0%/)#(%D&F9#(#.#P0%DF&"#5(%D&C%)%$?& ?F0%8FX&%3&FD1'%FX&
%&F4#'Fi& $&F)%L#FX
(
&FV.19FX&3&F)*(%FX& $&FL1)%50#F&*&L$G&R$(#?"*&*/&3.#)#&*&M?'*8#&*+.*&'?&'#
')%5*D&0#"?(*D#&(#&/*D%)(*0&?&;%'(?&*&%L$S#)#.*&)1/1&'&8%D&')1&L%&^I^&)10#&R.9#('0*V
"$#C%)#&?"*<#5#&*.*&L1.*D*P(%C&9#$&L%L*$#&(#.#/*D%&*&?&4%$%L*P(*D&*D1(*D#&*
4$1/*D1(*D#&4%&:1$<1C%)*(*&[&#$9&$&/(#P*&C%'4%L*(i&?&h?9%D*$?&?C.1L(#&51L(#&0?Q#
(%'*&*D1&\%"%)*Q#&UD#D%&"#0)*V&*D1(#&5%+X&0#%&K*/*QX&-%L%+X&31$1(L*5#X&b10*QX&;#$/1"#X
-?0#(Z*QX&U9#J*
B&O*$1P10&(#$%P*"%&(#C.#+#)#X&0#0%&'1&(#5)1Q*&L1%&(%)*5*V&4.1D1(#&$#/)*%&*/&4#'"*$'0*V
0#"?(#&F\?4<*X&=#.1+1)<*X&;#8#(*X&-$%98#<*&*"L&)#S*.*&'?&0%L&-?9$%)P#(#X&*'4$)#X
'#D%&0#%&0#"?(*X&#.*&'1&9$/%&%4#S#&0#0%&51&')#0%&4.1D1&%9?V)#"*.%&(10%.*0%&0#"?(#&[
:1$<1C%)*(*&$#/?D1&'1&P1'"%&5%+&*&L#(#'&4%L&4.1D1(%D&51L(%&51L*(%&9$#"'")%F&T#/*)*
D(%C*V&"#0)*V&4.1D1(#&(1&*L?&?&)1.*0?&'"#$*(?&5&'1&4%D*8?&A72&C%LX& &AX

#
&A2,X&
3
&A6X&#&O&&"10&?&^a&)10?&3%D1(&>(  &(#
-?$D*"%$?&O*$1P10&4$#"*&%L&A2 &C%L&O#&9*V&'0$1(?%&4#S8?X&L#&'1&51L#(&;$#"*8#&-$%98#0
Ex GX&FK.#VFX&"5&4#'"*$&'4%D*81&?&-?9$%)(*0?&5%+&@2&C%L
!"%P#$'0*&/#51L(*P0*&S*)%"&L%(1%&51&*&/#&(#+#&4.1D1(#&(#/*)&K.#V#&3$)%9*"(%&*D1(%D
K.#V#&/)#.*&'?&'1&J?L*&0%5*&'?&C%)%$*.*&.#"*('0*i&(#/*)&51&9*%&L%9$%&4%/(#"&?&<1.%5
!$1L8%5&f)$%4*&3%"10#%&51&%L&01."'0%C&4.1D1(#&a X&#&M1$D#(*&'?&8*D&En… yX&… G
%/(#P#)#.*&')%51&4%$%D#81(1&'?'1L1&`L&M1$D#(#&'?&"#5&(#/*)&4$*D*.*&')*&!.%)1(*&E$?'
K%.%V¯X&P1+&a X&4%J&…ÖX&…ÖG&B%L&(#'&-?9$%)P#(*&'?&'191X&0#%&Y%D#(1X&5%+&?
^III&)10?X&/)#.*&K.#'*D#&/#&$#/.*0?&%L&!$9#&[&?C%)%$*D#&'&9%'#('0*D&9#(D&T*(%'.#)%D
%(*&0#S?&F#0%&)$%?1&!$¯9.*(¯&K.#V#&L#&'1&4$*&4$L¯&0(1/1D¯X&#0%&)$Õ1&K.#V¯&!$¯9.*(
L#&'1&4$*&4$L¯&9#(%D¯F&`L&^Ia&)10#&-?9$%)P#(*&?&K.#V1&$#P?(#5?&$#/(1&'"%P#$'01
0#"?(1&?&?(?"$#+8%'"*X&D1>?&0%5*D#&51&9*.%&(1'?D8*)%&)*+1&!.%)1(#&(1C%&Y%D#(#X&0#%&(#
4$&?&-$%98#<*D#&*.*&=*$*.%)*Q*D#&-%9#$&L1%&(#+*V&4.#(*(#X&CL1&51&'"%P#$'")%&*
D.10#$'")%&(#$%P*"%&$#/)*51(%X&(%'*&(#/*)1&K.#+*QX&K.#V%)*Q*X&K.#V*8#X&K.#+0#&*"L&\#
$#/.*0?&%L&4$*D%$'0*V&FC$#L'0*VF&K.#V#&9$>#('01&K.#V1&*/&?(?"$#+8%'"*&/)#.*&'?&4%
%L1.?X&#&*&4%&D$0%5&9%5*&.*<#X&F<$(%C?8<*D#FX&Fd$(*D&=#?$%K.#'*D#FX&F=%$b#'*D#FX
F=%$.#<*D#F&[&51L(%5&"?$'0%5&0#(?(#D*X&0%5#&51&4$*V)#"*.#&'"#$*&?$1>#5&K.#V#&%0%&H*D%0#
)1.*&'1X&L#&51L#(&0#"?(&'#P*8#)#&27&0?Q#i&"%&51X&0#0%&'1&)*L*X&4%'"#%&%L$1>1(&%9.*0&51L(1
%$C#(*/#<*51&H#0%&*'"%&'1&91.1S*&/#&B$9#)?X&?&^Ia&)10?X&0#0%&'1&"#D%+8*&FK.#'*F&E?&'")#$*
D1+#(*&!.%)1(*&*&Y%D#(*G&9%$1&?/#5#D(%&F'&
&F &B#"?(&51X&)$1D1(%DX&%L&4%5D#
51L(1&4#'"*$'01&/#51L(*<1&4%'"#%X&')#0#0%&(#+*D&'.%)1('0*D&?"*<#51DX&4%5#D&*&%/(#0#
9$#"'")#X&%L(%'(%&?S1&9$#"'")1(*P01&/#51L(*<1
3$1D#&"%D1&5#'(%&51X&L#&'1&"%&D1+#81&%'1Q#&*&?&#("$%4%.%+0%D&4%C.1L?&\#4#L(#&'$4'0#
4.1D1(#X&"#0%/)#(*&L*(#$'0*&"*4X&%P1)*L(%&'?&4$%L?0#"&'D1'1&*/D1>?&'.%)1('0*V
L%'1J1(*0#X&'"#$%C&#?"%V"%(%C&1.1D1("#&*&$%D#('0*V&0%.%(*'"#&R0%&51&D%SL#&'D1.#&")$L8#
T&j?4#(*Q#X&L#&F!$9*&*&R$9#(#'*&L#(#'&")%$1&51L(?&N*/*5%#("$%4%.%+0?&/#51L(*<?&*&)$.%
'?&'$%L(*&D1>?&'%9%DFX
&*4#0&51&"#P(%X&L#&'?&'%D#"'0*&8*V%)*&"*4%)*&(#&5?C%/#4#L?
"%.*0%&*/51L(#P1(*X&L#&*V&(#?P18#<*&P1'"%&)$'"#5?&?&4%'19#(&"*4&J?L*X&0%5*&'1&(#/*)#&
  
&U&?&(#'&'1&)1Q&%L#)(%&C%)%$*&%&L*(#$'0%D&"*4?X&0%5*&51&?&L%9$%5&D1$*&*/$#/&*&')%51
C1%C$#N'01&0$'(1&'$1L*(1&H%&'?&J?L*&%0%+"*X&%9*P(%&)*'%0*X&9$#V*01N#.*X&"#D(1&9%51&;
=#.1+&0#%&81C%)?&4%L)$'"?&%/(#P#)#&V1$<1C%)#P0*&"*4&'#&4.#)%D&*.*&'*)%D&9%5%D&%P*5?X&#
*'"*V&L$?C*V&%'%9*(# &!"#$*&4*'<*&%4*'*)#.*&'?&L?(#)'01&!.%)1(1&0#%&)$.%&)*'%01&*
5#01i&/#&<#$#&=#)$*0*5#&'1&4$*P#X&0#0%&'1&51L(%D&4$*.*0%D&D(%C%&P?L*%&)1.*P*(*&8*V%)*V
"1.1'#&*&$#/)*51(%'"*&?L%)# &;%5#&0%'1&9*.#&*D&51&$*>#&T10*&#$#4'0*&4*'<*&4$*0#/?5?
!.%)1(1&0#%&$?D1(1&*&'#&$?'%D&0%'%D&_#0&51&51L#(&8*V%)&4*'#<&9*%&'#D&(#/)#(&!.%)1(%DX


 

 ,A
+"%&51&9*%&*/$#'"#%X&')1".1&0%'1&*&D%L$*V&%P*5? &-#(#'X&D1>?"*DX&'4%J#+8*&%9.*0
%P1)*L(%&*D#&*&L$?C*V&%'%9*(#&\#&:1$<1C%)*(?X&(#&4$*D1$X&L%.#/*&'#D%&,g&'#&')1".%D
9%5%D&.*<#X&#& g&'#&')1".%D&9%5%D&%P*5?i&?&;%0*&2g&'#&')1".%D&9%5%D&0%'1X&#&A6g
'#&%P*D#&?C#'*"1&9%51&b%0#.(*&?"*<#5*&*&)1/1&'#&'"#(%)(*+")%D&(14%'$1L(*V&*&'?'1L(*V
%9.#'"*&?P*(*.*&'?X&L#&'1&$#(*5*&"*4&#'*D*.*$#%&(%)%D&O1L#(&.14&4$*D1$&/#&"%&L#5?
'.%)1(#P01&.?9#81&`(1&'?X&'&%9/*$%D&(#&4%"*J#0X&9.*S1&#.4*'0*D&C1$D#('0*DX&(1C%
P1+0*Di&*'"%&"#0%&*&?&4%C.1L?&9$#V*01N#.*51&E2A g&0%L&!.%)1(#<#i&2A2g&0%L&H*$%.#<#G
3.1D1('01&"1$*"%$*51&9*.1&'?X&?&C.#)(%DX&4%51L*(1X&$1.#"*)(%&D#.1&S?41X&4$*$%L(1
51L*(*<1X&N%$D*$#(1&*.*&%0%&4%51L*(*V&$10#&ES?41&H%4.*<#X&d$D(*<#X&-$*(#X&Y#D#&*&L$G&?
8*V%)*D&L%.*(#D#i&*.*&?&4%J*D#&E_1)%X&o#"(*<#X&h?9%D*$&*&L$Gi&*.*&(#&*(#P1&4%C%L(*D
D1'"*D#&/#&4#+?&EY?L*(1X&-$#P1)*<#X&B%D#$(*<#X&*&L$G&\#(*DJ*)%&51&L#&S?4#&*.*&FS?4(%
D1'"%&L#(#'&%/(#P#)#&F4$1L*%X&CL51&51&4*"%D%X&"5&CL51&'(*51C#&(1D#&*&CL51&$#>#&)*(%C$#LF 
3%&*/)1'(*D&'V)#"#8*D#&'"%P#$#&S?4#&51&(10#&)$'"#&4$%"*)(%'"*&%L&4.#(*(1&F!"%P#$*&'1&?
"%0?&C%L*(1&0$1Q?&+1'"&4?"#&*/&S?41&?&4.#(*(?FX&0#/?51&51L#(&%4*'*)#P &R.*&(#&L%'"#
'"$#(#&*&L#(#'&S?4#X&0#%&C1%C$#N'0*&(#/*)X&%9?V)#"#&'"#$1&4$*$%L(1&51L*(*<1&E(4$&j?4#
0%L&-?9$%)(*0#X&j?4#&0%L&B$?+1)<#G&(1)1.*0%C&%4'1C#&Y1P&(*51&'.%)1('0#&B&`+"*$
D*'.*&L#&51&*L1("*P(#&'&*.*$&"$#P&n&&S?4#(} &[&(#+1D&(#$%L?&4%/(#"#&51&(#
<1.%D&4%L$?P5?&*&?4%"$19J#)#'1&*&L#(#'&[&0#"%.*0#&%(#&%/(#P#)#&'#L&4%5#D&4#$%V*51
Y%L%)*&*&9$#"'")#&S*)1.*&'?&?&"*D&S?4#D#&?&(1'?D8*)%5&0%V1/*5*X&#.*&L#&'?&*D#.*&(#$%P*"%
$#/)*51(&S*)%"&?&/#L$?/*X&'#&$#/C$#(#"%D&4%$%L*<%D&4%L&51L(*D&/#51L(*P0*D&0$%)%DX&(*51
'#')*D&'*C?$(#&'")#$ &\#L$?C#&*D#&')#0#0%&'"#$?&"$#L*<*5?X&5%+&*(L%1)$%4'0?X&*
%L$S#)#(#&51&*&0%L&(#'X&#.*&(1&?&)1.*0%D&%4'1C?&*&'#&#4'%.?"(%D&%9#)1/%D&=#&0%.*0%&L#&51
*(L*)*L?#.(%&%'1Q#81&9*.%&4%L)$C(?"%&4.1D1('0%DX&*4#0&(*51&)1$%)#"(%X&L#&9*&'1
$#+P.#8*)#81&4%$%L*<#&?&(1+"%&'.%9%L(*51&51L*(*<1&'4$1P#)#.%&(10%D&91/?)1"(%D
L*'<*4.*(%D&U&(#$%L(#&"$#L*<*5#&*&*/)1'(#&V*'"%$*'0#&0#/*)#8#&L%(%'1&P1'"%&4?"#&)1'"*&%
"%DX&0#0%&'?&(10#&9$#Q#&*.*&'*(%)*&/#&S*)#&%<#&0$1"#.*&')%5*D&4?"1)*D#X&L#&(#>?&4%)%J(*51
?'.%)1&/#&S*)%"&O1L*(%X&+"%&'1&C.1L#.%&L#&'1&')#0#0%&%P?)#&9*.#&'?&*D#8#&?&/1DJ*&*&'&"*D&?
)1/*&4%.%S#5&*&?C.1LX&0%5*&4$%*/.#/*&*/&81(%C&4%'1L#&!&4.1D1('0*D&S*)%"%D&?)1"%)#(&51
(#$%P*"%&0?."&"$#L*<*%(#.*/D#&*&?&.*P(*D&*&?&L?V%)(*D&'")#$*D#&B%L&4$)*V&%(&'1
*/$#S#)#&4%'19(%&?&4%+"%)#8?& 
 &*& .&*&?&(1/C%L(%D&4%.%S#5?&%(*VX&0%5*&'?
*(%0%'(*&*.*&L%+J#<*&E?J1/*GX&#&?&L$?C%D&?&%4+"1D&$#/)*5#8?&4.1D1('0*V&4$1L#8#&*
%9#)1/#&Y1P&
%
&*&
%.&0#%&%/(#0#&(1P1C&9%J1CX&4%'.1L*<#&'?&"%C&4#"$*#$V#.(%C
D%$#.#&*&0?."#&4.1D1(#&[&;%'(*&'1&?4%"$19J#)#.#&*&$1P&
%
3&?&/(#P18?& 
   
[&'$1L*(*&S?41&%9*P(%&'1&(#.#/*%&C$#L&0#%&?"%P*+"1&?&'.?P#5?&(#4#L#&!"#$*V&")$>#)(*V
(#'*4#X&FC$#L*(#FX&9*.%&51&?&;%'(*&*&:1$<1C%)*(*X&&)*L1.*&'D%&&5%+&%L&4$1V*'"%$*'0%C
L%9#X&?&(#5'"#$*5%5&%$C#(*/#<*5*&*.*$'0*V&4.1D1(#&U&!.%)1(*&'?X&L%'"#&$#(%X&4%P1.*
4%L*/#81&')%5*V&?")$>18#X&*#0%&'?X&*(#P1X&/#L?C%&9*.*&4$%"*)(*<*&C$#L'0%C&S*)%"#&d#$
B%('"#("*(&3%$N*$%C1(*"&)1Q&'$1L*(%D&:&)10#&91.1S*&P*"#)&(*/&C$#L%)#&0%51&'?&!.%)1(*
4%L*C.*&(#(%)%&!.%)1('0?&*(*<*#"*)?&"%C#&4%'.#&4%0#/?5?&(#59%J1&P*'"%&'.%)1('0*&(#/*)*
"*V&D1'"#&H#0)*&'?&?&K$V9%'(*&C$#L&¸œŠž¡&&B%"%$#<&*&²ž¦ª&&-1'(*0X&(#&C$#(*<*&;%'(1
*&Y#+01&£ž¢˜¡‘Š•˜’&&=1>?$1P51X&?&\#V?DJ?&²•¹¡ ¦§&-%9$¯'0¯X&?&H$#)?(*5*&ו˜œ¹žŠž&
b?0#)#<X&?&T1$1"J#('0%5&Ҟ¡•ŸŽ &&K$?J#X&ئŠ¡¨&&`'"$%C&_*"#)&(*/&9%'#('0*V&*
V?D'0*V&C$#L%)#X&/#&0%51&(1&/(#D%&0#L&'?&4%L*C(?"*X&*D#5?&'#D%&(#+1&(#/*)1&0#%&-%9%5X
-%9?5X&-%9%$&E$#/9%5X&?9%5X&(#9%5GX&!#D%9%$X&;%$#PX&K*+1C$#LX&;*%C$#LX&!#D%C$#LX&\1D?(*0
-#&'?&"#&*D1(#&*D#.#&*&(10%&%4+"*51X&')#0#0%&"1V(*P0%X&/(#P181&4%'.#&)*L*&'1&(#59%J1&4%
"%DX&+"%&'1&5#)J#5?&(#&)*+1&'"$#(#&D1>?&!.%)1(*D#X&0#%&(#&4$&K*+1C$#LX&!#D%9%$X&;%$#PX
\1D?(E*0GX&*&(#&)*+1&D1'"#&?&'#D%5&;%'(*&*&:1$<1C%)*(*&H#0%&-%9%5#&(#&4%L$?P5?&;%'(1&*
:1$<1C%)*(1&*D#5?&P1"*$*X&#&K*+1C$#L#&41"&K&!0#$*QX&0%5*&'1&4%'19(%&9#)*%&%)*D
4*"#8*D#X&'#%4+"#)#&0#0%&'1&%4#S#&FL#&(#&D51'"*D#&/)#(*D#&!#D%C$#L&(1D#&'%.*L(*51&C$#>1
*&0%('"$?0<*51X&+"%&?4?Q?51&(#&(10%&L#)(%&)$*51D1X&0#L#&(#+*&4$1"<*X&)#JL#X&5%+&(*'?&9*.*


 

 ,
L%'"#&)51+"*&4%L*/#8?&)1Q*V&*&'%.*L(*5*V&C$#L%)#F&[&C$#L?&3%L/)*/L?&%P?)#(&51&'"#$*
#41.#"*)&4%/)*/L}&F0%5*&/(#P*&4%L/1D(*&V%L(*0X&)%L1(*&$%)X&/*L#(*&0#(#.F &[&*D1(?
\1D?(*0#&%P1)*L#(&51&"$#C&C$#L%)#&'#&/1DJ#(*D&$%)%)*D#&*&(#'*4*D#
T#&P1.?&S?4#&(#.#/*.*&'?&'1&S?4#(*&3%$N*$%C1(*"&0#/?51&L#&'?&!.%)1(*&0#%&).#'"*&$#(*51
*D#.*&F'"#$<1S?4#(1F&E’•˜·œ•˜’&¢‘¡•Š’GX&#&L#&*D&51&"10&<#$&K#'*.*51&I&?$1L*%&?4$#)?
"#0%X&L#&?/*D#5?&).#L#$1&&Š&•ž§¨&¦ &–”•ÅŸŽ¨&-?0J#('0#&:$%(*0#X&C%)%$1Q*&%
?$1>18?&L$S#)1&(#&D#C.%)*"%D&L#.D1('0%D&'#9%$?X&0#S1X&0#0%&51&0$#J&?$1L*%&L$S#)?X&"#0%X
L#&51&')#0%5&4%0$#5*(*&4%'"#)*%&4%&51L(%C&9#(#&EF & &
&FG&*/&$1L%)#&')%51&9$#Q1X&#
S?4#(1X&EF

X& &
& 
FG&*&'#"(*01&*/&$1L%)#&4.1D*Q#&L%"*P(*V&4%0$#5*(#&[&'"#$%D
V$)#"'0%D&4$1)%L?&-?0J#('01&:$%(*01&0#S1&'1X&L#&51&%L$1>1(%&L#&F')#0*&"*V&9#(%)&*&L?S1)
9?L?&%L&4?40%$*/*(1
&4.1D1(*"*&*&%(*&L#&?P*(1&0(1/1&%L&')%C#&0%.*(#F&R&/#&'#"(*01
F?P*(*+1&')#01&/1DJ1&J?L*F&B#0%&'1&/)#%&)$V%)(*&).#L#$X&0%5*&51&9*%&(#L&S?4#(*D#X&(*51
')?L#&?")$>1(%&[&;%'(*&'1&%L&(#5'"#$*5*V&)$1D1(#X&%"0#L&'1&"%&D%S1&4$#"*"*X&)$V%)(*
4%C.#)#$&/)#%&(.&#&?&Y#+0%5&
 &H*"?.#&9#(#&4%D*81&'1&*&?&*/)1'(*D&/#V?D'0*D
#0"*D#X&#.*&'?&"#&#0"#&N#./*N*0%)#(#&*.*&'?D8*)# &F!#D#&$*51P&9#(&9*.#&51&?&(#$%L?
L%9$%&4%/(#"#&/#D51(*0&0(1S1)&?&-?9$%)(*0?&/)#%&'1&F9#(FX&#&$*51P&5%+&*&'#L#&S*)*&?
(#$%L?&?&/(#P18?&)1.*0*&C%'4%L*(F
&_#0&'1&?&Y#+0%5X&?&(#$%L(%5&14*<*X&4%D*81
!"$#V*(*Q&9#(&F?&D#.1(%5&;#8'0%5&0$#5&B%'%)#F&
&?&(#$%L(%D&51/*0?&/(#P*
4%(#+#"*&'1&0#%&)1.*0&C%'4%L*(&4 P
&4%D*81&FD*.%C&'*(#&=*.%8*Q#&9#(#F&?
/(#P18?&C%'4%L*(#X&0?Q*Q#&b&T*(0%)*Q&0#/?51X&0#0%&'1&?&(#$%L?&4$*P#&*&%&(10%D
"$19*8'0%D&9#(?&Y#L%'.#)?
&T#&"$19*8'0%0%(#)J#('0%D&4%L$?P5?&4%'"%51&*&.%0#.*"1"*
0#%&9$L%&;#(*&*&;#()*$
&[&3%L)1.1S5?&0%L&=%'"#$#&4%'"%5*&;#(L%&*&4$*P#&'1X&L#&'?
"?L#&S*)1.#&F)1.*0#&C%'4%L#&:1$<1C%)#&4#&*&9#(%)*F
&O1L#(&"?$'0*&4#+#&4*'#%&51&0(1/?
=*.%+?&`9$1(%)*Q?&@2&C%L&FB%'*X&9#(1X&0#0%&'*&4%P1%F

`)*V&)$V%)(*V&C%'4%L#$#X&/#&0%51&3%$N*$%C1(*"&*D#&(#/*)&–&¡›¨X&4%L&P*5%D&'1&).#+Q?
(#.#/*.%&)*+1&S?4#X&9*.%&51&?&'$4'0*D&%9.#'"*D#&L%&:&)10#&)*+1&[")$>1(#&'?&'*C?$(%
P1")%$*<#&`'*D&K.#'"*D*$#X&$#+0%C&)1.*0%C&S?4#(#X&4%D*81&'1&*&B$#5*(#X&'*(&"$19*8'0%C
S?4#(#&;1.1&F:%"1Q*&C#&%L.*0%)#"*F&K.#'"*D*$&51&B$#5*(*X&/#&0%C#&51&?L#%&')%5?&0Q1$X&L#%
"*"?.?&).#L#$#&&#$V%("#&*&(#4$#)*%&C#&51&'#D%'"#.(*D&[&)*/#("*'0%D&<1$1D%(*#.(%D
#L$1'#$?&(#.#/*&'1&N%$D?.#$&/#&4*'D#&ž ’&Š &¡›•Š&Š•&¸œŽX&"5&/#&).#L#$#&B%(#)J#X
0%51&51&*(#P1&*+.%&/#51L(%&'&"$19*8'0%D&%9.#+Q?&\(#P*X&L#0.1X&L#&51&*&%(&9*%&'&0(1S1)'0%D
P#+Q?&[&\#V?DJ?&51&(#'.1L(#&L*(#'"*5#&K*+1)*Q#&*D#.#&*'"?&"*"?.?&[&51L(%5&4%)1J*
0$#J#&;1.1&*/& &C%LX&CL1&51&C%)%$&%&;%'(*X&4%'"%51&)$.%&)#S(1&*L1("*N*0#<*51&%)1&)$'"1
   & & 
X&

& & 


M$#(*P(1&S?41&/)#.1&'?&'1& &*& &H%*D1&%L$S#.%&'1&?&D(%C*D&%9.#'"*D#&')1&L%
L#(#'&\9%C&(1'*C?$(%'"*&?&8*D#&8*V%)&(#/*)&4%'"#%&51&L%(10.1&'*(%(*D&/#&P1"%)#81&*
9%$9?&EF/#0$#5*(*"*FG&[&(#+*D&%9.#'"*D#&4%/(#"1&'?&(#$%P*"%&(1$1")#('0#&B$#5*(#&*
9%'#('0#&B$#5*(#X&#.*&51&%)#5&L$?C*&(#/*)&(#'"#%&"10&/&)$1D1&9%$9*&'&H?$<*D#&U(#P1X
4$)%9*"(%X& &51&%/(#P#)#%&*&0%4(%&E 
G&/#&$#/.*0?&%L&D%$#&H#0%&51&/#')1L%P1(%
51L(*D&#0"%D&*/&@2&C%L
&Y1P&%?0$}X&%?0$#&%/(#P#)#&*'"%&"#0%&C$#(*<?&E%9#&4%5D#
'4%51(#&'?&?&(#/*)?&[0$#5*(#G&K&!0#$*Q&D*'.*&L#&51&*&9%'#('0#&$10#&[0$*(#&'&"*D&?&)1/*
`(#&51&FD#0#$&L51.%D*P(%&9*.#&C$#(*<#&%9.#'"*&['%$1&4$1D#&-%8*D&B$#5*D#F

j?4#(*&'?&9*.*&?&')%5%5&).#'"*&%C$#(*P#)#(*&L%(10.1&'"#$%D&?'"#(%)%D&(#$%L(*V&'#9%$#
!#9%$*&'?X&D#&*&N%$D#.(%X&*D#.*&4$#)#&(#&*/9%$&).#'"*&'1D&'#D%C&S?4#(#X&P*5#&51&P#'"
4%'"#.#&(#'.1L(#X&*&?&.%0#.(*D&4*"#8*D#&*D#.*&'?&'*C?$(%&')%C&?"*<#5#&U/C.1L&D#.*V
4.1D1('0*V&'#9%$#&4%/(#"&(#D&51&*/&%4*'#&4%J*P0*V&'0?4+"*(#&0%L&!4.*"#&3%J*P#(*&'?X
4%&'*C?$(%5&"$#L*<*5*X&L%+.*&?&-#.D#<*5?&*/&;%'(1&]*V%)1&'0?4+"*(1&%L$S#)#(1&4%L
)1L$*D&(19%DX&4%L&M$#<1D&0%L&M#"1X&'#P*8#)#.#&'?&'#D%&4.1D1(*"#&C%'4%L#&"%C&0$#5#X&0%5#&'?
L%.#/*.#&(#&%L$1>1(%&D1'"%X&F/9%$*+Q1FX&CL1&'?&$#'4$#)J#.#&%&?$1>18?&*&/#0%(*D#&')%51
%9.#'"*&*&)$+*.#&'?L'0?&).#'"&[&(#$%P*"*D&'.?P#51)*D#&"?&'1&L%<(*51&'#/*)#%&F/9%$


 

 ,2
4%L*D(*X&"5&'#&4$1"'"#)(*<*D#')#01&0?Q1X&?0%5%5&*D#&S*)*V&J?L*&EF4%&L*D?FG

&;1/
9.*S1%/(#01&0%&?&8*D#&?P1'")?51&(#)%L1&'1&P1'"*&/9%$%)*&?&'"#$%5"$19*8'0%5&%9.#'"*X&#.*
0#0%&'1&51L(%D&4$*.*0%D&$#'"#)J#5?&?&4%$?<*&4.1D*Q*&%L&/9%$#&*/C.1L#X&L#&51&%)#5&9*%
'#'"#)J1(&%L&4$%'"%C&4?0#&M%L& ,A&'4%D*8?&'1X&(#&*D1X&L)#&C.#'(*0#&QRS8TKIKUSIJMHUJK
IA@8V8SWKJB@AU8FKXU8@8YIKF&Ä&%)*D&'#9%$*D#&*D#&4%D1(#&')1&L%&^a&)10#&*&L?9$%)#P01
08*C1&?4%"$19J#)#5?&/#&8*V&%4Q1(*"%&(#$%L(*&*/$#/&F &
 FX&F&
 F
&[
-$%98#<*D#&5%+&'1&*&'#L&/(#&F\9%$(#&M.#)*<#F&B$%/&')1&)$1D1&$%9%)#8#&4%L&H?$<*D#
(%&'1&'"#.(%&/)#%&(#$%L(*&'0?4&0%L&<$0)1&?&*/)1'(1&4$#/(*01&[&!$9*5*X&(#C.#+#)#
"#P(%&T&Y#L%5P*QX&')#&).#'"&9*.#&51&?&$?0#D#&).#L#$#X&F*'"%&%(#0%&0#%&*&?&3%J'0%5&/#&4$)*V
3*5#'"%)*Q#F &[&;%'(*X&D1>?"*DX&).#L#$*&'?&D%$#.*&D(%C%&)*+1&L#&)%L1&$#P?(#&%
4$#)*D#&).#'"1.1&;#(&!"14#(&II&B%"$%D#(*Q&D%$#%&51&L#&'1&0?(1&4$1L&4$1"'"#)(*<*D#&<$0)1
*&4.1D'")#&L#&Q1&4%+"%)#"*&.*P(#&4$#)#&51L(%C&')%C&0(1/#&3%L&D#>#$'0*D&?"*<#51D&).#'"1.#
51&?&;%'(*&L%9*.#&$#(*51&D(%C%&)*+1&D#V#&(1C%&?&Y#+0%5&Y#/.%C&'?&/#&"%&9*.1&*&4%D1"1(1
4$*.*01&?&/1DJ*&?&L$?C%5&4%.%)*(*&:III&*&(#&4%P1"0?&^Ia&)10#&*&/#&L?C%&)$1D1(#&%'.#9J1(#
*&?(*S1(#&<1("$#.(#&).#'"&T#&0$#5?&^Ia&*&4%P1"0%D&^a&)10#&).#'"1.#&51&9*$#.#&*&/9#<*)#.#
0$#J1)1&*&%L$1>*)#.#&P#0&$1L&(#'.1>#&M%L&A2 &9*%&51&(#&=*.#D#& &E'"#(¯0¯G&F)¯'1
/1DJ1&;%'(1&*&-%.¯(*V¯&B$#*&*&\#C%$*&*&:.¯D¯'01&/1DJ1F&-#)#.#&'1&)1$#&51L(%D
).#'"1.*(?&5#)(%&T*51&9*.#&L%)%J(#&'#D%&/#0.1")#&9#(#&H)$"0#&*&81C%)1&D#501X&(1C%&'?&'1
/#0.1.#&*&L)#(#1'"%$*<#&(#5)1Q1&).#'"1.1i&*&8*V%)%&51&51D'")%&C.#'*.%&FL%0%.&'?&'*
C%'4%L#F&L#&Q1&'1&L$S#"*&?C%)%$1(% 
T#&(10%.*0%&D1'"#&?&;%'(*&*&:1$<1C%)*(*&%P?)#(1&'?&0#D1(1&'"%.*<1X&D#81)*+1&'.*P(1
%(%5&'"#$%5&'.%)1(#P0%5&(#&M%'4%')1"'0%D&3%J?X&(#&0%5*D#&'?&.%0#.(*&0(1/%)*&*&)%5)%L1
'1L1.*&4$*&(#$%L(*D&'0?4%)*D#&*&L1.*.*&4$#)L?&*&)%L*.*&$#/C%)%$1&[&:1$<1C%)*(*&'1&(#
L)#"$*&D1'"#&"#0)1&'"%.*<1&4$*4*'?5?&4%4?.#$(%D&:1$<1C?&!"14#(?&E?&:%L9*(*X&0%L
o%5(*<1GX&#&(#&(10*D#&4%'"%51&*&(#"4*'*&E(#&4$&)%5)%L1&!"14#(#&=*.%$#L%)*Q#G&T#5.14+1&51
*/$#>1(#X&'#&'0?.4"?$#D#X&'"%.*<#&U)#(*+#&3#).%)*Q#&?&;?0%)*<*X&?&L%.*(*&T1$1")*<1 
!4%$%)1&?&(#$%L?&4$1'?>*)#%&51&P1'"%&'?L&#(/?#&H#5&4$#)(*&%9*P#5&%L$S#%&'1&?
:1$<1C%)*(*&')1&L%&(#+*V&)$1D1(#X&*'"%&0#%&*&%9*P#5&?")$>*)#8#&'"#$*V&4$#)#&*&C$#(*<#
4?"1D&'#'.?+#)#8#&%
&\#&*/)1'(1&'4%$%)1&9*.%&51&4%(10#L&4$1L)*>1(%&L#
*V&(*&).#L#.#<&(1&D%S1&$1+*"*&L$?0P*51&L%0&(1&'#'.?+#&FL%9$1&D?S1F&*.*&).#'"1.?&0%5#&51
?(#4$1L&%L$1>1(#
K1Q&/#&'"#$1&!.%)1(1&/#91.1S*%&51&O%$L#(*'&?&aI&)10?X&L#&*D&'1&F*D1(#&D18#5?&4$1D#
$#/.*P*"*D&4%$%L*<#D#&*&D1'"*D#F &H#&%'%9*(#&4.1D1('0%C&?$1>18#&5#)J#&'1X&4$*$%L(%X
*&0%L&O?S(*V&!.%)1(#&O%+&51&O*$1P10&*'"#0#%X&0#0%&'?&*/)1'(#&4.1D1(#&4%"*'(?.#&')%5*D
(#/*)*D#&*D1(#&$#(*5*V&%9.#'"*i&"#0%&'1&D1'"%&S?4#&K$'*81X&`(%C%+"&*.*&3#4$#"(#
5#)J#5?&\?4<*X&T*0+*Q*X&=$0%51)*Q*&T#$%L(%&4$1L#81&4#D"*&L%(10.1&'"#$1&)1/1X&#.*&*V
L%'"#&P1'"%&D1+#&*&4$1")#$#&?&.1C1(L?&3%/(#"%&51X&(#&4$*D1$X&L#&51&<$(%C%$'0#&L*(#'"*5#
31"$%)*Q#&*/)%L*.#&')%51&4%$10.%&%L&(101&9%'#('01&.%/1X&0%5#&L#&51&4$10%&T*0+*Q#&*
81C?+0*V&;#8#(#&'"*C.#&4%L&b%)Q1(&*&L#&51&/#&$%L%(#P1.(*01&')%51&.*(*51&%/(#P#)#.#&L)#
9$#"#&Y#5*P#&*&:1$#0#&`L&Y#5*P#&L#&'?&4%'"#.*&Y#L%(*Q*X&j?"0%)*Q*&*&L$X&#&%L&:1$#0#
31"$%)*Q*X&3%4%)*Q*X&B?'"?L*51&*&L$&H$#L*<*5#&%)#&&'.*P(*V&*D#&)$.%&D(%C%&&(1Q1&9*"*
)1.*01&L#)(*(1X&#.*&51&/#(*DJ*)%&0%.*0%&$%L%)#&*/)%L*&*/&51L(%C&9$#"'")# &`L&'"#$*V
4.1D1(#X&?&(1$1")#('0%5&B$#5*(*X&%L(%'(%&(#&81(%5&C$#(*<*X&91+1&(#54%/(#"*51&*&(#5D%Q(*51
4.1D1&B#P*Q#X&0%51&M$<*&P#0&(#/*)#5?&Š &¸Š’ §¨&•’&`L&81C#&4%"*P1&)$.%&D(%C#
9$#"'"#)#X&V*'"%$*'0*&4%"4?(%&#?"1("*P(*V&=*%+*Q*X&j#$0%)*Q*X&R(L$*5#+1)*Q*X
!"*4*Q*X&31"0%)*Q*X&;#$"?.%)*Q*&*&L$ &[&"$19*8'0%5&%9.#'"*&(#5?C.1L(*51&91+1
9$#"'")%&h?9*9$#"*Q#X&0%51&'1&4%L&"*D&*D1(%D&4%D*81&%L&^Ia&)10#&L%&L#(#'X&#&%L&0%C#&'1
 A&C%L&(#)%L*&41"&.*(*5#&=1>?&8*D#&'?&h?9*+*Q*&?&4$)%5&4%.%)*(*&^a&)10#&*C$#.*
)$.%&)#S(?&?.%C?i&%'"#.*&=1L)51L%)*Q*X&-#9*S*)%)*Q*X&Y#L*)%51)*Q*X&-%9$?+0%)*Q*X&91V?
'4%$1L(%C&/(#P#5# &\#&3?(%+1)*Q1&?&]1C?+*D#&4$*P#&'1X&L#&'?&4%$10.%D&*/&;%'(1i&?
]1C?+*D#&'1&5#)J#5?&'*C?$(%&?&L$?C%5&4%.%)*(*&^a&)10#&`L&8*V&*/)%L1&')%51&4%$10.%


 

 ,,
;%CL#(%)*Q*X&=*.%+1)*Q*X&315%)*Q*X&`"#+1)*Q*X&=#$*Q1)*Q*X&3#$#C1&*&L$ &`L&U.*Q#
*/&W10.*Q#&*/)%L1&'1&?&V1$<1C%)#P0%5&3%)$+*&9$#"'")#&=#$*(%)*Q#X&e*.%9#L#X&-$%951(#<#
W?$"%)*Q#X&3#D?P*(# &`L&4%$%L*<1&-#4P*Q#&?&B$"%.*D#X&?&;%0*X&!&T#0*Q1(%)*Q&4%
4$1L#8?&*/)%L*& &9$#"'")#
&\#&(#5)1Q1&9$#"'")%&?&-$%98#<*D#&B%'%)P*Q1&4$*P#&'1X&L#
'?&4%$10.%D&*/&;%'(1X&%L&H$#)(*0#&-#(#'&)*+1&"%C&*D1(#&(1D#&F`(*&'?&'1&$#/9$#'")*.*&(#
D(%C1&4%$%L*<1&[&-$%98#0?&*V&*D#&6&$%L%)#F 
3%L1.?&4%51L*(*V&4.1D1(#&*&8*V%)#&(#'1J#&(#&(#+1D&4%L$?P5?&/#&:^II&)10&D*&L#(#'
4$*.*P(%&4%/(#D%&/#V)#J?5?Q*&4%L#<*D#&B%('"#("*(#&3%$N*$%C1(*"#&E?&81C%)?&L1.?&x
 
 &  &C.&A,G&*&L%D#Q%5&-?0J#('0%5&:$%(*<* &R$V%("*5#&T1$1"J#(#
*.*&3%C#(#<#&4%P*8#.#&51&%L&$101&d1"*(1X&%L#0.1&51&*+.#&*&'$4'0#&1"(*P0#&C$#(*<#&[&8%5
'?&9*.1&"$*&S?41&$#'"%P0#X&D#0#$'0#&*&L?)#8'0#X&#&(#'1J1(*&C$#L%)*&=#0#$E'0#GX&K$?J#X
`'"$%C&*&b#4P#8X&b#)P1(&E'#L&M$#L#<&(#&D%$?G&j?4#(*5#&Š &£•¡–&*D#.#&51&'$1L*+"1&0%L
L#(#+81C&'1.#&=#0$#&)*+1&=#0#$'01i&ª&´œ¦Š¨Š’&51&Y#'"%0&'&Y#'"%P0*D&4%J1D&0%L&K$C%$<#
3%L$?P51&"1&S?4#(*51&*+.%&9*&%L&*D%"'01&S?4#(*51&L%&h?9?+0%CX&#&%L&S?4#(*51&D#0#$'01
L1.*.%&51&O1/1$%&H$1Q#&S?4#(*5#&Š &²¦Ž‘&51&-%.X&-%.ÊX&'&4%L$?P51D&*/D1>?&K$?J1&*&?+Q#
d1"*(1X&CL1&'1&$#/)*%&*&4$%'.#)*%&`D*+&Em 

X&m 

G &M$#L&K$?J#&'?&L#(#+8#
C%$8#&;$1.#&E°&)$1.#G&`L.*P(*&4%D%$<*X&0%5*&Q1&4%'.1&?C$%S#)#"*&9$%L#$'")%&(#&O#L$#(?X
T1$1"J#(*&'?*D#.*&?&')%5%5&).#'"*&*&(101&%"%01&B%$P?.?X&'&%P?)#(*D&C$#L%D&(#&8%5X&=J1"X
;$#P&*&:)#$
R$V%("*5#&/#V?D'0#&L%4*$#.#&&L%&T1$1")1&*&L%9*.#&51&')%5&(#/*)&4%&9$L?&:?D?X&*/&0%C
*/)*$1&$1P*<#&;?(#X&*&(#&0%D&91V?&*&L)#&C$#L#X&;%(#&*&:?D&H%&51&L#(#+8*&;.#C#5X
(10#L#+81&C.#)(%&D1'"%&:1$<1C#&!"514#(#X&(#L&P*5*D&9$1C%D&EL#(#'&;Ù'#0G&'"%51&$?+1)*(1
81C%)%C&'"#$%C&C$#L#&[&"%5&%9.#'"*&).#L#%&51&?&:&)10?&$%L&F#("*4#"#&*&4#"$*<*5#F&K*+1)*Q#
T#'"#81(*&C$#L%)*&?&%)%D&4%L$?P5?&91V?&!"%(X&`+J1X&-#9#$X&=%0$%&*&M.?D*(1
E͍Ž•˜”ª G&-?0J#(*(&(#)%L*&?&:?D?&L1)1"&S?4#(*5#&'"%('0?X&4%4%)'0?X&-?9$#)1X&b?0?
E%0%&M#91.1GX &-#9#$X&K1J#01&E0$#5&%0%&h?9?+0%CG&*&j#4'0%&E\#S#9J1G&j?4#&s  
9*Q1&D%SL#&*'0)#$1(%&*D1&/#&M%$*<?X&*#0%&=&`$9*(*&(#)%L*&4%C$1+(%&?&')%D&4$1)%L?
-?0J#(*(#&UD%"'0%&\#&S?4?&a X&0%5#&'1&0#'(*51&(#)%L*&0#%&F   &a 
F
D*'.*&'1&L#&51&L#(#+81&=%'"#$'0%&4%J1&/)#(%&;*+Q1&[&L?9$%)#P0*D&#$V*)'0*D&08*C#D#
'4%D*81&'1&0$#5&K1P1$*Q*X&0%5*&%LC%)#$#&'*C?$(%&"%5&S?4*X&#.*&0%5*&')1&L%&L#(#'&(*51&D%C#%
9*"*&'*C?$(%&*L1("*N*0%)#(
T*'?&?)10&L%)%J(%&%L$1>1(*&4%5D%)*&:?D#&*&\#V?DJ#&3%$N*$%C1(*"&4%D*81&'#D%
\#V?DJ1&Eڍ›Ž•Ÿ”¨GX&#&-?0J#(*(&/(#&*&/#&:?D&E†  &  G&*&/#&\#V?DJ1&T#+1
0$#J1)'01&"*"?.1&^III&)10#&4%D*8?&\#V.¯D*1&*&:.¯D¯'0%?&\1D.Û&3%&-?0J#(*(?&C$#(*<1
V?D'01&/1DJ1&'?&5#'(1i&%(1&(#&*'"%0&(*'?&*+.1&L#J1&%L&-#9$#&[&-#9$?&'1&:?D&C$#(*P*%&'#
H$#)?(*5%DX&#&'1)1$(%&'#&%9.#+Q?&3%LC%$5#&\#V?DJ1&0#%&%9.#'"&'&%L$1>1(*D&C$#(*<#D#&(*51
N*0'*$#(#&0%L&-?0J#(*(#X&(1C%&'1&4%D*81&'#D%&0#%&14*'0%4'0#&L*1<1/#&B#0%&51&0(1/
=*$%'.#)&*D#%&4%L&).#+Q?&<1.%&\#V?DJ1&*&)1$%)#"(%&<1.?&%9.#'"&L%&b*D#X&?&0%5%5&51
4%L*C#%&')%5&D#(#'"*$&!)&31"$#&*&3#).#&0%L&;*51.%C&3%J#X&*&0#0%&51&/#&"?&<1.?&%9.#'"&
C%L&4%'"#)J1(&51L#(X&FV?D'0*FX&14*'0%4X&"%&'1&(#/*)&:?D#&)$1D1(%D&/(#"(%&4$%+*$*%&:?D
*&\#V?DJ1X&)*L*&'1&4%&*D1(?X&(*'?&*D#.*&?&4$)%&L%9#&*'"%&4%L$?P51X&#.*&'1&?&V*'"%$*'0%
)$1D1&8*V%)1&C$#(*<1&?&C.#)(%D&4%L?L#$#5?&3%'.1&51&:?D&/#V)#"*%&*&L%9#$&L1%&%9.#'"*
'"#$%C&3%LC%$5#&H#0)%&'V)#"#81&%L$S#.%&'1&')1&L%&L#(#'&?&"*"?.*&/#V?D'0%V1$<1C%)#P01
D*"$%4%.*51&B(1/&T*0%.#&31"$%)*Q&L#%&51&/#&V1$<1C%)#P0*&L1%&d$(1&M%$1&(#/*)&)%5)%L1&%L
\#V?DJ1&')%D&(#5D.#>1D&'*(?&[&(#$%L?&'1&/#L$S#%&')1&L%&L#(#'&(#/*)&:?D8#0#&/#
'"#(%)(*01&%L&=%'"#$#&L%&*/#&3%4%)# 
`L&3%4%)'01&e?D1&(#&*'"%0&*&%L&;*.1Q1&(#&5?C&'"1$#.#&'1&#$V%("*5#&"$19*8'0#X&/)#(#
H$19?(*5#&*&H$#)?(*5#&`(#&51&9*.#&')1&L%&^a&)10#&?&/#51L(*<*&'&B%(#)J1D&`L&?)10&'?X
0#/?51&)*/#("*'0*&<#$X&"$19*8'0*&).#L#$*&9*.*&)#/#.*&#$V%("#&!$9*51X&#&%L&8*V&51&"10
B$#5*(#&?&L$?C%5&4%.%)*(*&I^&)10#&L%9*%&#$V%("'0*&P*(&[&"$19*8'0%5&%9.#'"*&(#)%L1&'1&%)*


 

 ,6
C$#L%)*&H$19*81X&K$DX&Y*'#(X&b?0#)#<&*&5%+&(1?")$>1(%&ڞŠŽª¹&ED%SL#&j.*519*G&[
-?0J#(*(#&'1&*&"?&(#9$#5#&L1)1"&S?4#(*5#&h?9%D*$X&o#"(*<#X&Y?L*(1X&B$?+1)*<#X&K$D
EL#(#'&\?4<*GX&Y*'#(X&-$#P1)*<#X&B%(#)J1&*&j$(%)(*<#&M$#L&-?9$%)(*0X&(#'.1L(*0&'"#$%C
f4*L#?$#X&+*$*%&'1&)(&')%C&?S1C&C$#L'0%C&4%L$?P5#&?&C.#)(%D&(#&$#P?(&')%5*V&"$19*8'0*V
*&/#V?D'0*V&'?'1L#&]1C%)#&4%J'0#&L%9$#X&4%'19(%&)*(%C$#L*X&.1S#.#&'?&?&C.#)(%D&(#&"?>1D
/1DJ*+"?&*&$#L*&"%C#&'?&-?9$%)P#(*&4.#Q#.*&'?'1L(*D&"$19*8'0*D&*&V?D'0*D&C%'4%L#$*D#
4%&A,&/.#"(*0#&C%L*+81&0*$*51&/)#(1&% 3&E 
G&H#5&D%C%$*+X&P*5*&V*'"%$*#"
L#51&?&:&)10?&<#$&3%$N*$%C1(*"X&%L$S#%&'1&')1&L%&4#L#&9%'#('01&L$S#)1X&#&4$*D#.#&'?&C#
$#/(#&.*<#X&51L(%&)$1D1&*&'#D&9%'#('0*&0$#J &U'"%P(%&%L&H$#)?(*51&91+1&-?0J#&!)1&L%
^aII&)10#&(#&5?C?&51&C%$8*&L1%&;%01&B%"%$'01&4$*4#L#%&H$19*8?X&#&L%8*&-?0J*&U(#P1
C$#(*<#&*D&51&*+.#&%L&B$*)%+*5#&(#&M$#V%)%&')1&L%&3*)1
[&4%L$?P51&V?D'01&*&L%<(*51&V1$<1C%)#P01&L$S#)1&?.#/*.1&'?&L?C%&)$1D1(#&*&/#4#L(1&S?41
%9.#'"*&3%LC%$5#&`(%C%+"X&=%$#P#X&B%D#$(*<#X&3*)#X&M#<0%X&T1"?+*(#X&K*+1)%&E%9.#'"&?
C%$81D&"%0?&T1$1")1&0%5#&'1&"?&/)#.#&"*D&*D1(%DGX &-9#$&*.*&UL9#$X&B%D&E*.*&M%$#“G&*
S?4#&T1$1")#&%0%&B%8*<# 
;%'(#&51&5%+&*&?&:&)10?&9*.#&L%'"#&D#.#&%9.#'"&E3%$N*$%C1(*"&51&/%)1&Š &›¨¡§•&Җ¦¨&GX
%0%&$101&*'"%C&*D1(#&EK$V9%'(#G&*&*D#.#&51&')1C#&L)#&C$#L#&B%"%$#<&*&(14%/(#"*&-1'(*0X
D%SL#&!?"1'0#&*.*&H1+1)%&0%L&81&`L&'"#$1&0?."?$(1&"$#L*<*51&!#$#51)'0%C&3%J#&(1
4%D*81&'1&(*+"#&j?4#&['%$#X&(#54$1&0$#5&%0%&"1&$101X&%9?V)#"#%&51&'1)1$(*&L1%&;%'(1&L%
!#)1X&#&4%'.1&4$1L1%&!%.*&*&['%$1X&*&0#'(*51&['%$?&'#D?&!%.*&*&['%$#&V)#"#5?&%L&-%9%5#
')1&L%&9.*/?&-$*(1&\#4#L(%&%L&['%$1&91V?&-%8*&B$#5*&'#&S?4#D#&;#8*<%DX&K$9#8%D&*
\1D?(*P0%D&[&51L(%5&4%)1J*&D#>#$'0%C&0$#J#&;1.1&*/& &C%L&'4%D*8?&'1&5%+&*&%)1&S?41
9%'#('01  &K$V9%'(#X&%0%&*/)%$#&$101&;%'(1&?&!#$#51)'0%D&3%J?i&b141(*<#X&%0%&*'"1&$101
?&N%5(*P0%Di&F
&a 

&~  F&51'?&.*)#8'0*&K*L%+*&'&h?9?(P*Q1Di&S?41&b#+)#X


b?0#X&['0%4J1&*&Fl F&`)#&S?4#X&4%C$1+(%&(#4*'#(#&D1'"%&l X&%/(#P#)#&/1(*P0%&4%J1X
*&D1'"%&0%51&'1X&/9%C&4$1.#/#&(#&;%'(*X&/)#.%&;$%L%D&5%+&*&?&"?$'0%&)$1D1
&\#4#L(1&S?41
%L&['0%4J#&L%&b*)(#&*&-?)(#X&'&8*D#&/#51L(%X&5#)J#5?&'1&*&4%L&%4+"%D&%/(#0%D&\#)$+51&T#
*'"%0?&'1&4%D*81&(1&F
F&(1C%&F 
&l yF&'#&3$#P%D&H%&51&S?4#&;%$#PX&?&0%5%5&'1
(#.#/*%&*&C$#L&*'"%C&*D1(# 
B#%&+"%&'1&)*L*X&(#5)1Q*&L1%&"*V&S?4#&*D#&(%)#&P*'"%&(#+#&*D1(#&_#0&51&(#/*)&*&'?'1L(1
'"#$1&-?0J1&/#D181(&*D1(%D&\1"1X&#&51L#(&L1%&5?S(1&-#.D#<*51&L%9*%&51&(#/*)1&T1$1"J#('0#
%9.#'"&*&d$)1(#&:$)#"'0#&ML1&'?&%'"#.1&%/(#01&4%&$10#D#&*&"?&51&*/)1L1(#&4%"4?(#
'.#)*/#<*5#&E3%L$*81X&K$V9%'(#G&\(#P*X&L#0.1X&L#&'1&(%)#&%$C#(*/#<*5#&'.%)1('0*V&S?4#
(*51&(#'.#8#.#&(#&'"#$1&"$#L*<*51X&(1C%&L#&51&C$?4*'#81&*&N%$D*$#81&)$+1(%
'#D%'"#.(% &[&0%.*0%&'?&4$*&"%D&*&?P1'")%)#.*&/#"1P1(*&'"#$%'1L1%<*&%L(%'*.%&'1&"%
)*+1&(#&?S1&.%0#.(1&(#/*)1X&(1C%&(#&)1Q1&"1$*"%$*5#.(1&51L*(*<1&T#&(#+1D&4%L$?P5?&P#0&*
'"%P#$'0*&0#"?(*&*D#5?&4$1"1S(%&'.%)1('01&(#/*)1&E0#"?(*&-$%98#0#X&=*$*.%)*Q#X
3$1L%51)*Q#&*&'.G&U'"*(#X&(#&(#+1D&4%L$?P5?&(#.#/*D%&*&(#/*)&!"#$*&K.#V&/#&P*"#)%
4%L$?P51&%L&K*+1C$#L#&L%&*/#&3%S1C1&4$10%&-$*(1&*&-%81&K.#V1&/#&%9.#'"&%0%&!"%<#X&#.*
"%X&*4#0X&(1&?"*P1&(#&C%$8?&0%('"#"#<*5?&H1&(#/*)1X&(#54$1X&(1&(#.#/*D%&?&"%&$#(%&L%9#&R.*X
4$1"4%'"#)*D%X&L#&51&!"#$*&K.#V&L%*'"#&'"#$*&(#/*)&e"#&9*&%/(#P#)#%“&`/(#P#)#%&9*&51L(?
'"#$?&%9.#'"&*&81(&(#/*)&/#&$#/.*0?&%L&%)*V&(%)*V&'.%)1('0*V&=*&)1$?51D%X&L#&51&"#5&(#/*)X
(#&4%L$?P5?&Y%D#(*51&*&%0%&81X&L%*'"#&'"#$&*&L#&'?&(#+*&4$1"<*&8*D&V"1.*&L#&%91.1S1&9#+
51L(%&4%L$?P51&'#&'"%P#$'0%D&0?."?$%D&D1+#(%C&$#(*51C&'"#(%)(*+")#&`"?L&*&%(%
(#C.#+#)#81&'&K.#V&`9.#'"&-%8*V&K.#V#&4%'"#.#&51&"10&L%<(*51&C1%C$#N'0*&4%5#DX&#&'
4%P1"0#&51&%/(#P#)#.#&'#D%&'"%P#$'0?&%9.#'"
[&:&)10?X&0#L&51&3%$N*$%C1(*"&4*'#%&')%51&L1.%X&;%'(#&'1&(#.#/*.#&?&'#'"#)?&!$9*51&!&"%C#
5%5&(1&/(#D%&"#P(%&<1.?&*'"%P(?&C$#(*<?&\#4#L(#&51X&4%&<#$?X&L%4*$#.#&L%&3.*)1&E3.*)#&'#D#
(#.#/*.#&'1X&)1Q*D&L1.%DX&?&'#'"#)?&V$)#"'01&L$S#)1G&*&L%&$101&d1"*(1&*&b*)(#&:)#"#5?Q*
L%&d1"*(1&*&%9?V)#"#5?Q*&:?D#<&(#&H$19*S#"?X&5?C%/#4#L(#&C$#(*<#&'1&L$S#.#&51L(%C&L1.#


 

 ,@
'"#$%C&$*D'0%C&.*D1'#X&#.*&"%&4%L$?P51&(*51&4$*4#L#.%&"%.*0%&;%'(*&0%.*0%&T1$1"J#('0%5
%9.#'"*&T#&'1)1$?&4%L$?P51&!%.*&$#P?(#(%&51&9*.%&?&'#D?&!$9*5?&!$9*5#&*&;%'(#&(#&"%5
'"$#(*&'D#"$#(1&'?&L?C%&0#%&<1.*(#&3%4&-?0J#(*(&0#/?51X&L#&'1&!$9*5#&L1.*&?&L)1
4%0$#5*(1X&?&Y#+0?&*&;%'(?X&0%5#&V)#"#&%L&-$*(1&L%&;%$%)1&M%$1&(#&/#4#L?&-?0J#(*(#
4%"0$14J?51&*&B*(#DX&0%5*&(#C.#+#)#X&L#&51&?&'$1L*(*&^II&)10#&;%'(#&9*.#&4%.*"*P0*
%L)%51(#&%L&!$9*51&*&L#&51&-$*(#&$10#X&0%5#&;%'(?&Šª’&ŽŽ’&Œž¡¹ ª’&  ¡ž &3%$1L&"%C#X
5%+&@6&C%L&(#.#/*D%&*L1("*N*0#<*5?&%)1&)$'"1&?&9?.*&4#41&[$9#(#&III&F &q  
È&
&l
F&[&^II&)10?&*&L#J1&-$*(#&51&$#'"#)J#.#&!$9*5?&51L*(%&?&')%D&'$1L81D&"%0?i
L%8*&"%0&"1&$101&(#.#/*%&'1&"#L#&?&).#'"*&=#>#$#X&#&C%$8*&51&%'"#%&*&L#J1X&')1&L%&A66&C%LX
?&'#'"#)?&$#+01&L$S#)1&0$#58#&9%'#('0#&S?4#&(#&5?C%*'"%0?&9*.#&51&9%$#P0#X&P*5#&'1&C$#(*<#
/#)$+#)#.#&0%L&['"*4$#P1X&"5&4$*&?+Q?&"1&$101&?&-$*(?&M$#(*<?&*/D1>?&;%'(1&*&V?D'01
%9.#'"*&P*(*.#&51&T1$1")#&H%&51&*/$#/*"%&4$*$%L(#&C$#(*<#X&0%5?&'1D&"1X&"?&)1Q&'(#S(1X&$101
P*(*&*&51L#(&4%5#'&)*'%0*VX&"1+0%&4$%.#/(*V&4.#(*(#&!1)1$%*'"%P(%&%L&B%8*<#X&?&4%L$?P5?
Y%L%9%J1X&5%+&'1&*&'#L&$#/.*0?5?&(#/*)*&Y#+0#&'"$#(#&*&Y#+0*&L%.&4$1D#&;%'#('0%5
4.#(*(*&T#&'1)1$?&51&;%'(#&%9?V)#"#.#&S?4?&;$%L&0#%&4$*$%L(*&(#'"#)#0&S?41&b#+)1&*&?
8%5&51&*D#.#&0#%&C.#)(?&'1)1$(?&")$>#)?&S*)%4*'(*&C$#L&K$#(L?0
T#&"%D&4%L$?P5?&(#+1&'.%)1('0%&'"#(%)(*+")%&(#*+.%&51&(#&)$.%&/#(*DJ*)&"1$1(&K1.*0
L1%&<1.1&;%'(1X&<1.1&91/&*/?/1"0#X&9*%&51&4%0$*)1(&4$#'"#$*D&C?'"*D&+?D#D#&%L$S#(*D&')1
L%&(#+*V&L#(#&T#&5?C?X&?&V?D'0%5&*&(1$1"J#('0%5&%9.#'"*X&(#$%P*"%&(#&L1'(%5&%9#.*
T1$1")1X&)1Q&51&/*5#%&%C%.1.*&0#$'"&K&!0#$*Q&51&L%9$%&?4%/%$*%&L#&4%5#)#&(#/*)#&#$ 7
#
$&/#&+?D?&?&$1P*D#&0#%&-$1S(*<#X&-$1S#8X&-$1S(*0X&[L$1S81&*&'.&(1&9*&9*.#&.#0%
%95#+8*)#X&L#&51&+?D1&9*.%&%9*.(%&F[&0$#51)*D#X&CL51&+?D1&*D#&D#.%&*&'4%$#L*P(%X&/#4#S#
'1&')#0*&+?D%)*"*&0%D#L&*&"#5&'1&%/(#P#)#&*D1(%D&e?D#X&M#5X&b?C&*"LF&R.*&51&+?D1
')#0#0%&9*.%&)*+1&(1C%&L#(#'&-?9$#)1&'?&9*.1&4?(1&L$)1Q#&*&?&^Ia&)10?i&3%P*"1J&51&*D#%
0$#J1)'0%&9$%L%C$#L*.*+"1i&(#&O#'1(?X&*/D1>?&H$19*8#&*&;*.1Q1X&C?'"#&+?D#&4%'"%5#.#&51
5%+&'$1L*(%D&^I^&)10#i&%0%&_#4J*(1&0$*.*&'?&'1&V#5L?<*&?&C#51)*D#&!#&(1'"#(0%D&+?D#
%'1Q#&'1&*&')1&)1Q#&%'0?L*<#&S*)*V&)%L#&H%&P*(*&L#&51&S*)%"&?&V?D'0%5X&"$19*8'0%5&*
(1$1"J#('0%5&%9.#'"*&9*%&(#4%$(*5*&(1C%&?&+?D%D&9%C#"%5&;%'(*&R.*&51&)$.%
0#$#0"1$*'"*P(%&L#&51&0$%/&'0%$%&<1.%&)$1D1&V*'"%$*51&%)#5&5?S(*&L1%&/1DJ1&9*%&*4#0&?)10
(#'1J1(*5*&*&*D#%&)*+1&4$%D1"#&K1Q#&(#'1J1(%'"&V?D'01X&"$19*8'01&*&(1$1"J#('01
%9.#'"*&L#&'1&"?D#P*"*&9.*/*(%D&D%$#i&4.%L(%+Q?&L%.*(1&H$19*+8*<1&*&(#$%P*"%&L%.*(1
T1$1")1X&0%5#&51&)%L*.#&(14%'$1L(%&L%&D%$#i&*&?&*/)1'(%5X&D1$*&)1Q*D&0?."?$(*D&(#'.1>1DX
(#&0%51&'?&"?&(#*+.*
T#&%)%D&4%L$?P5?&!.%)1(*&'?&'1X&0#%&*&?&'"#$%5&4%'"%59*(*X&9#)*.*&4%$1L&'"%P#$'")#&*
/1DJ%$#L8%D&Y?D?('0#&*&#.9#('0#&4%J%4$*)$1L(#&"1$D*(%.%C*5#&4?(#&51&'.%)1('0*V
1.1D1(#"#&FR$9#(#'*&0#%&C%$+"#<*&(1D#5?X&(#&4$*D51$X&')%C#&*/$#/#&/#& &`(*&C%)%$1
/#&%)#5&4%5#D&'.%)1('0*&*/$#/F&B#%&4%J%4$*)$1L(*<*&!.%)1(*&'1&L$S1&S?4(*V&L%.*(#X&*
(*51&'.?P#5(%&+"%&'1&(#5)1Q*&L1%&8*V%)*V&(%)*V&(#'1J#&(#.#/*&?&4%J*D#&%0%&$10#&3%'1L
/1DJ1&9*)#%&51&L?C%&?&4.1D1('0%5&/#51L(*<*i&%"?L&*&(#/*)&
%
3&*&
%
$
%?
=(%C*&C$%9(*&(#"4*'*&?&;%'(*&(#$%P*"%&4%L).#P1X&L#&'?&*/)1'(#&.*<#&'#V$#81(#&(#&')%5%5
4.1D1('0%5&/1DJ*X&"5&(#&')%D&4.1D1('0%D&4%'1L?&%L&'"#$*(#&U(L*)*L?#.(*51&%/(#01X
(#'"#.1&4%&.*P(%5&')%5*(*X&/%)?&'1&#
#.-&*.*&-
.&#&(#5%9*P(*51&(3&E%L
(37%"#<Gi&%"?L&4%5#D&(3&H#&'1&$1P&5#)J#&0%L&(#'&"10&0$#51D&^III&)10#X&#&L%+.#
&%L&;?C#$#&!&8%D&51&?&)1/*&F*L15#&%&(#'.1L(%D&).#'"1%'0%D&*D#8?X&)1/#(%D&'&*/)1'(*D
*/?/1Q*D#&%L&"1$1"#&*&'&(14$10*L(%D&L?S(%+Q?&)%51)#8#F&T#+#&$1P&#
#.&'&%9/*$%D
(#&'&8%D&'4%51(?&"$#L*<*5?X&4%'"#.#&51&%L#)(%&%/(#0#&/#&4.1D1('0?&*&4.1D1(*"?&/1DJ?&`(#
'1&0%L&(#'&5#)J#&4$1&$1P*&(3&*&4$1)%L*&'1&0#%&  
&?&-?0J#('0%5&:$%(*<* &\#
T1D#8?&4*+1&!"1)#(&3$)%)1(P#(*X&0#0%&51&%')%5*%&-*%0.*"*5?&*&-#.D#<*5?X&F%"P¯'")%&*
$%SL1(*1&')%1X&*'"%)%?Û&LL*(%?F
&B#L#&51X&"%0%D&!$1L81C&)10#X&4%L&D#>#$'0*D
?"*<#51DX&$#/)*51(&L%&*/)1'(1&D1$1&N1?L(*&'*'"1D&*&?&;%'(*X&'$1"#D%&4%5#)1&L#&).#L#$*&L1.1
4%51L*(#&L%9$#&*&P*"#)1&S?41&')%5*D&)1$(*DX&'#&(#'.1L(*D&4$#)%DX&0#%&+"%&*D&*V&*


 

 ,
%L?/*DJ?&?&'.?P#5?&(1D*.%'"*&K1Q&?&^II&)10?&*D#D%&*&4$*D1$1&
&R.*&(#5'"#$*5*
'.?P#5&(1&%L(%'*&'1&(#&L#$*)#81&).#'"1.1X&(1C%&(#&4$*.%C&<$0)*&9#(#&B?.*(#
3.1D1('0*&S*)%"&4%D%C#%&51&*&$#/)*5#8?&4.1D'")#&3.1D1('01&'"#$1+*(1&0#L&'?&?'41)#.1&L#
?&')%5*D&4%$%L*<#D#&%91/91L1&).#'"&(#&L)1"$*&C1(1$#<*51&4%'"#.1&'?&$%L%(#P1.(*<*
*'"#0(?"*V&*&4%&"%D&*/(#L&%'"#.*V&*/L)%51(*V&4%$%L*<#&H#0)*V&4.1D1('0*V&4%C.#)*<#&9*.%
51&*&?&'"#$%5&*&?&(%)%5&4%'"%59*(*&[/&8*V&'?&'1&L*/#.*X&*.*&*D&'1&(#"?$#.*X&P.#(%)*
).#L#.#P0*V&4%$%L*<#X&0%5*&9*&4%'"#5#.*&C%'4%L#$*&*/)1'(*V&"1$*"%$*#.(*V&L1.%)#X&*.*
0%5*&9*&'1&S1(*L91(*D&)1/#D#&'&P.#(%)*D#&).#L#$'0*V&0?Q#&%L.*0%)#.*&D*D%&L$?C1&:?D'0*
C%'4%L#$*&K*+1)*Q*X&0%5*&'?&')%51&4%$10.%&%/(#P#)#.*&0#%&)$.%&'"#$%X&P#0&'#&K*'.1X&*/C.1L#
L#&'?&')1&%L&'1%91&9*.*&(#&P1.?&51L(1&4.1D1('01&C$?41&UD1&Q1&*D&D%SL#&9*"*&?&)1/*&'#
%9.#'"*&K*+1)%D&?&C%$81D&"%0?&T1$1")1&3%4%)'0*&4.1D*Q*X&0%5*D#&'?&-?9$%)P#(*X&0#%
(#'.1L(*<*D#&V?D'0*V&C%'4%L#$#X&4.#Q#.*&51L(%&)$1D1&D%C%$*+X&(%'1&0#$#0"1$*'"*P(%&*D1
>
#.&0%51&%/(#P#)#&0%.1(%)*Q1&-?0J#('0#&:$%(*0#&(#)%L*X&0#0%&'?&S?4#(*&*&'#"(*<*X
4$*&?$1>*)#8?&L$S#)1X&?/1"*&*/D1>?&4.1D*Q#&%(*V&%9.#'"*X&?&0%5*D#&Q1&)$+*"*&L?S(%'"X&#
0#0%&51&0$#J&')#0%5&%9.#'"*&4%'"#)*%&9#(#&*/D1>?&')%51&9$#Q1&`P1)*L(%&51X&4$1D#&"%D1X&L#&51
*&-?0J#(*(&/(#%&/#&4.1D'")%&E 
X&$  
X&
GX&(#'"#.%&?&4%51L*(*D&%9.#'"*D#&(#
%'(%)?&4.1D1('01&%$C#(*/#<*51&3.1D1('01&%$C#(*/#<*51&?)1"?5?&'#D1&'%9%D&$1'410"%)#81
')%51&'(#C1&*&"$#L*<*5#&*&)$.%&'?&0%P%41$(1&4$1D#&'0%$%51)*Q*D#&*&4$*'1.*<#D#&3$1D#
"%D1X&5#&D*'.*D&L#&'1&?&(#'&$1L&9%J#$#&*.*&).#'"1.1&$#/)*%&L%'"#&$#(%X&*#0%&*&?&;%'(*X&0#%&*
?&!$9*5*X&(*51&4.1D'")%&F(*0#L#&4%'"#.%&/#")%$1(&'"#.1SF &T#/*)*&/#&4.1D'")%&'?&(?.

%. 
&Y1P&(&*&(.&?&(#'&?&^II&)10?&(?.&4%"*P1&*/&"?$'0%
D%(C%.'0%C&9#5#$X&+"%&51&(#54$1&/(#P*.%&F9%C#"FX&4#&%(L#&F%L.*P#(F&!)&!#)#&?4%"$19J#)#&/#
'$4'01&)1.*0#+1&"?&$1PX&L%0&!"1)#(&3$)%)1(P#(*&*D#&
%&EF)1.**&D%?S¯F& 

 G&U(#P1X&%4+"*&(#/*)&"%C&)*+1C&$1L#9*%51&).#'"1.*(X&'#&5#'(%D&1"*D%.%C*5%D&E'$
0%L&3$)%)1(P#(%C&F0(1/1&/1D.*&')%*1&*S1&(#L¯&).#'"¯D*FG&;#(&=#"15&T*(%'.#)&')%5?
).#'"1.?&/%)1&9%J#$*D#X&#&?&51L(%5&4%)1J*&?&8?&$#P?(#&)%5)%L?X&"14P*5?X&41V#$(*0#&*&(10#
.*<#&P*5*&P*(&(*51&(#)1L1(&UD1(%D&9%J#$*(#&%(&(#/*)#&*&L?9$%)#P0%C&0(1/#&[&L$?C%5
4%)1J*&9#(%)*&'?&9%J#$*&0(1/%)*X&0#/(#<*X&)%5)%L#X&41V#$(*0&*&51L(%&.*<1&0%51&(%'*
4$1/*D1&;#(*QX&*&0%51&51&%P1)*L(%&?&(10%5&)1/*&'&9#('0%D&4%$%L*<%D&B(1/&R(L$*5#&:?D'0*X
?&4$)%5&4%.%)*(*&^III&)10#X&')%51&4.1D'")%&/%)1&).#'"1.%D&H#&).#'"1.#&4%D1(?"#&0#%&')1L%<*
?&4%)1J* &(1D#5?&(#)1L1(#&'1D&')%C&*D1(#&(*0#0)#&P*(#X&+"%&9*&D%C.%&/(#P*"*X&L#&51&"%
4.1D'")%&4%&$%L%)*D#&*&4.1D1(*D#X&#&(1&*&P*(%)(*P0%X&0#0%&9*&L%(10.1&D%C.%&*/C.1L#"*&4%
4%)1J*&9#(#&T*(%'.#)#&=#81&4.1D'")%&9*.*&'?& 
-&Y1P& %
/(#P*.#&51&?&;%'(*
4$)%9*"(%X&F
 
&
 
F&E%L&.#"&
&& 
G&*&0D1"&51&D%C#%&9*"*&).#'"1.*(X&L%0&51
%
&'D#"$#(&/#&(*S1C&F=%$1"1&/(#"*FX&4*'#.*&'?&-?9$%)P#(*&0(1C*8*&=*.*<*
O1)C1(*5*X&F1$¯&)'*&.ÛL*1&('?&1L(#<*X&1'?&).#'"1.1&*&1'?&0D1"*0*X&0#0%&"%&?&!$¯9.1V¯&*&4%
)'1D¯&')"?F&[&\1"*&0D1"%)*D#&'?&/)#.*&'1%'01&'"#$<1&*&'?L*51X&#.*&?&^a&)10?&)1Q&*
/#0?4(*01&U/&-?9$%)(*0#&51&4$%L$.%&%/(#P#)#81&0D1"#&0#%&'1J#0#&M$#>#('0*&'"#.1S
4%'"%5#%&51&'#D%&?&3$*D%$5?&*&C$P0*D&C$#L%)*D#&!$9*51&!.%)1(*X&/(#&'1X&L?C%&(*'?&D#$*.*
/#&C$#L'0*&S*)%"&[&!$9*5*&*&;%'(*&%(&'1&$#/)*5#&"10&'#&%")#$#81D&$?L(*0#&*&'")#$#81D
(#'1J#&%0%&8*V
!"%P#$'")%&51&9*.%&)1%D#&$#/)*51(%&_*"#)1&%9.#'"*X&0#%&K.#+*QX&Y%D#(*5#X&\*51DJ1X
3%L)1.1SX&Y?L*(1X&9#)*.1&'?&'1&C%"%)%&51L*(%&"%D&)$'"%D&(#$%L(1&4$*)$1L1&U&'#D&0$#J
4%'$1L(%&'1&/#(*D#%&'"%P#$'")%D&;%'#('0*&).#L#$*&*/)%/*.*&'?&')%5&'*$&?&-?9$%)(*0&*
U"#.*5?X&*'"%&0#%&*&'$4'0*&0$#J1)*&')%5?&'"%0?&U&(#5$#(*5#&4.#Q#8#&*&C.%91&L$S#)*&*
).#L#$?&)$+1(*&'?&(1&(%)<1D&(1C%&'"%0%DX&D#.%D&*&)1.*0%D&!"%P#$'")%&'1&%L$S#.%&0#%
51L(%&%L&"$#L*<*%(#.(*V&/#(*D#8#&(#$%L(*V&')1&L%&(#+*V&L#(#&'#&)$.%&D(%C%&'"#$*V
(#'.1>#&*&4$#)(*V&?$1L#9#&?&4%C.1L?&*'4#+1X&?&41$*%L*P(*D&0$1"#8*D#&'"%P#$#X&?
F*/L*/#8?&'"%01F&?&4.#(*(1X&*&'#&D(%C%&'"#$*('0*V&(#/*)#&/#&'"%0?&*&'"%P(1&4$%*/)%L1&E'$
$%D#('01&*&#$9#(#+01&(#/*)1&01+01)#JX&9$%(/*(X&V?$L#X&+?.*(#i&0#"?(X&9#P*51&*&L$G
;%'#('0%&4.#(*('0%&4%L$?P51X&%C$%D(*D&L1.%D&4$10$*)1(%&+?D%DX&*&V1$<1C%)#P0#&V?D(*(#


 

 67
%'0?L(#&0*+%D&(*'?X&?&%'"#.%DX&(*&%D%C?Q#)#.1&*("1(/*)(*5?&/1DJ%$#L8?X&#&(1)1.*0*&9$%5
'"#(%)(*+")#&(*51&51&(*&"$#S*%&[&:1$<1C%)*(*&4%'"%5*&51L(%&P?L(%)#"%&4.1D1
D?'.*D#('0*V&(&E%0%&3%L)1.1S*&*&M#91.1GX&0%51&S*)*&*'0J?P*)%&%L&'"%P#$'")#X&#.*&?
4$*.*0#D#&)1%D#&4$*D*"*)(*D"&[/&'"%P#$'")%&'1&D(%C%&9#)1&*&4P1.#$'")%DX&'"#$*D
'.%)1('0*D&/#(*D#81D&[&L?9$%)#P0*D&#$V*)'0*D&08*C#D#&*D#&)*+1&4?"#&4%D1(#&%&C#518?
4P1.#&*&?C%)%$#&%&8*V%)*D&0%+(*<#D#&Y#L*&'"%P#$'")#&51&?&4$*)$1L(%D&S*)%"?&(#$%L#&'%
9*.#&%L&%C$%D(%C&/(#P#5#&`(#&'1&L%)%/*.#&*/&4$*D%$5#X&*&"%&4%(#5)*+1&L?9$%)#P0%C
Y14?9.*<*&51&"#&C$#(#&*/)%/#&L%(%'*.#&%C$%D(1&4$*V%L1&*&L%&')%51&4$%4#'"*&%(#&51&(#&8?
D(%C%&4%.#C#.#&;$%5&"%)#$#&'%.*&4$1.#/*%&51&C%L*+81&27777i&'#D*&K.#'*&'$4'0%C&0$#J#
*/)%/*.*&'?&4%&7777&[&'?0%9*D#&-?9$%)(*0#&'#&8*V%)*D&).#L#$*D#&J?L1&51&(#5"1S1
4%C#>#.#&/#9$#(#&*/)%/#&'%.*X&0%5?&'?&-?9$%)P#(*&4$*D18*)#.*&0#%&0$#581&'$1L'")%
O1L*(%&'?&T1$1"J#(*X&D*D%&"#&/#(*D#8#X&(#'"#)*.*&*&'"#$?&"$#L*<*5?&'.%)1('0%C&#&*
*.*$'0%C&9$%L#$18#&]*V%)1&.#>1X&0%51X&0#%&'#C1(1X&4$*D#5?&*&4%& 7&J?L*X&0$'"#$1&?/&')1
%9#.1&O#L$#('0%C&=%$#&*&4%'"#5?&(#'0%$%X&$#L*&')%5*V&C?'#$'0*V&4$%V"1)#X&4$#)#&(#4#'"&/#
4.%)*L9?&?&"*D&0$#51)*D#&!&9$%L#$'")%D&?&)1/*&$#/)*5#.%&'1&$*9#$'")%X&#.*&?&'.%)1('0%
V*'"%$*'0%&L%9#&%(%&(*51&?/*D#.%&)1Q*V&$#/D1$#

    

 
[&')%D&D%Q(%D&(#L*$#8?&4$1D#&*'"%0?&B#$.%&K1.*0*&51&C%L&6,@&'0$+*%&).#'"&9#)#$'0*V
V1$<1C#&*&'&8*D#&/#51L(%&4%0%$*%&*&!.%)1(<1i&6,&C%L&/#L#%&51&'#D$"(*&?L#$#<&%9#$'0%5
L$S#)*&?&L?(#)'0%5&0%".*(*i&#&)1Q&0$#51D&aIII&)10#&81C%)1&)%5'0%)%>1&*&N$#(#P01&P1"1
*'"?4#5?&4$%"*)&V$)#"'0*V&4.1D1(#&(#&3$*D%$5?&*&%0%&C%$81C&"%0#&!#)1&[&4$)1&L)1
L1'1"*(1&I^&)10#&B#$.%&K1.*0*&*&81C%)*&(#'.1L(*<*&?P)$+Q?5?&')%5?&).#'"&?&!.#)%(*5*&*
L#J1&')1&L%&;$#(*P1)#&(#&*'"%0?X&#&?&:$)#"'0%5X&"5&?&b*<*&*&-#.D#<*5*X&')1&L%&d1"*(1
-%0.1&51&L%4*$#.#&(#&4%L$?P5?&3%?8#&(1&L#&'1&"#P(%&?")$L*"*X&#.*&51&)$.%&)1$%)#"(%&L#&C#&51
/#V)#"#.#&H%&?P)$+Q*)#81&(*51&*+.%&91/&%"4%$#&3%$1L&K*/#("*51X&0%5#&51&9$#(*.#&')%5
4%'1LX&?&0%.*0%&51&"%&D%C.#&?&%(%&4%&'191&)$.%&"1+0%&L%9#X&0#L&5%5&51&P#0&*&51L#(&<#$&4%C*(?%
?&9%$9*&'&%5#P#(*D&;?C#$*D#X&4$%"*)&N$#(#P0*V&/#)%51)#P#&5#)*%&'1&(#$%P*"%&%"4%$
V$)#"'0*V&4.1D1(#X&0%5#&91V?&(#&?L#$<?
`L&9?("%)(*V&:$)#"#&(#5)*+1&'1&*'"*<#%&h?L1)*"&3%'#)'0*&'#&L$S#)(*D&'$1L*+"1D&?
!*'0?&`(&'1&5#)J#&@@&C%L&0#%&)%>#&5#01&V$)#"'01&%4%/*<*51&4$%"*)&N?$.#('0%C&)%5)%L1X
4%L&P*5%D&'?&)$V%)(%D&).#+Q?&9*.1&4%0%$1(1&V$)#"'01&%9.#'"*&B#0%&"?S91&:$)#"#&(*'?
(#+.1&4$#)%&$#/?D1)#81&(#&N$#(#P0%D&L)%$?X&8*V%)&'1&%"4%$&4%5#P#%&*&9$/%&$#+*$*%&4%
'1)1$(%D&L1.?&;#.0#('0%C&3%.?%'"$)#&R0"*)#(&*&)1%D#&4%L?/1"#(&h?L1)*"&51&4$*L%9*%&/#
'1&P#0&*&4.1D1&H*D%P#(#&(#&*'"%0?&*&51L#(&L1%&!.%)1(#<#&(#&/#4#L?&-#&51&4%0$1"&9*%&?
'.%)1('0%D&1.1D1("?&L%'"#&4%4?.#$#(&)*L*&'1&%L#".1X&+"%&'?&'1&M#L#P#(*&%LD1"(?.*&%L&')%C
)%5)%L1&;%$(1X&0#L&51&"#5&4%P1%&9%$9?&4$%"*)&h?L1)*"#&(#&N$#(#P0%5&'"$#(*&M%L&@&4%0$1"
51&4%"4?(%&L%9*%&0#$#0"1$&9?(1&*&L%)1%&L%&$#"#&'#&o$#(#P0*D&d#$'")%D&!&4%P1"0#X&/#&4?(1
"$*&C%L*(1X&h?L1)*"&51&%L%.1)#%&o$#(<*D#&*&4%'"#%&<1("$#.(#&.*P(%'"&)$.%&/(#P#5(1
#0<*51&R.*&@&C%LX&0#L&'1&(#&8&L*C.#&)1.*0#&'*.#X&%(&'1&4$14#%&*&'"#%&L#&?/D*P1&3$191C#%
51&*/&:$)#"'01&(1CL1&?&'1)1$%/#4#L(?&;%'(?&!$9*D#X&F/#&0%5*&'1&(#$%L&0#/?51FX&)1.*&N$#(#P0*
#(#.*'"X&FL#&/#?/*D#&)1.*0&L1%&-#.D#<*51F&H?&51&9*%&C%'"*('0*&4$*DJ1(&T%&%(X&(1&/(#&'1
"#P(%&*/&0%5*V&D%"*)#X&?9*5#&'$4'0%C&S?4#(#X&0%5*&C#&51&4$*D*%&0#%&91C?(<#X&*&4%L)$C#)#&'19*
81C%)?&%9.#'"&[&*'"%&)$1D1&+#J1&*&4%'.#(*01&N$#(#P0%D&<#$?&*/5#)*)+*&'4$1D(%'"&L#&D?
'1&4%0%$*&`)#5X&D1>?"*DX&(*51&V"1%&L#&'1&?4?+"#&?&4$1C%)%$1&'&8*D&*&"#0%&51&h?L1)*"X&C%81(
%L&o$#(#0#X&#&$#L*&%)%C&/.%C&L1.#&%D$#S1(&0%L&!$9#X&9*%&%(1D%C?Q1(&K$.%&9$/%&%(&51&D%$#%
(#4?'"*"*&;%'(?&*&91S#"*&?&C#L#P0*&0$#5X&CL1&51&@A&C%L&9*%&?9*51(&!)#&81C%)#&L$S#)#
4%"4#.#&51&4%(%)%&4%L&N$#(#P0?&).#'"X&#&4%0$1"X&0%5*&51&4$)*&4?"&?&(#+%5&V*'"%$*5*&/#
%'.%9%>181&%L&"?>*(#<#&?51L*(*%&L%9$1&L1.%)1&:$)#"#X&!$9#&*&!.%)1(#<#X&)1.*0#&'")#$&4%
/#D*'.*&*&/#D#V?X&4$%4#%&51&/9%C&(1L%'"#"0#&'(#C1&*&%L&4$%9.1D#"*P(1&)$1L(%'"*&P%)10#&0%5*


 

 6
C#&51&(%'*%
o$#(#P0#&).#'"&?&/1DJ#D#&'?'1L(*D&;%'(*&9$/%&51&4%P1.#&L#&'.#9*&T#&*'"%0?&'?/9*5#.*&'?&51
;?C#$*X&0%5*&'1&%L&I^&)10#X&%L(%'(%&%L&4%P1"0#&).#L1&D%Q(%C&V#(#&B$?D#X&')1&'(#S(*51
$#/)*5#5?&*&4%'"#5?&51L(%&)$1D1&4$)#&'*.#&(#&;#.0#(?&`0%&@A7&C%L&;?C#$*&'?&L%9*.*&4%L
')%5?&).#'"&!$1D&*&4%D#0.*&')%5?&/#4#L(?&C$#(*<?&')1&L%&B%.?9#$1&H*D&9?C#$'0*D
/#)%51)#81D&4$1'1P1(#&51&L#J#&N$#(#P0#&%N#(/*)#&?&*'"%P(%5&f)$%4*
\#&)$1D1&9%$9*&'&B#$.%D&K1.*0%D&/#&4%'1L&O#L$#('0%C&3$*D%$5#&)*/#("*'0#&N.%"#&9*.#&51
%(#X&0%5#&51&'4#'.#&"1&%9.#'"*&<#$1)*(*&*&?'41.#&L#&%L$S*&/#&8?&P#0&*&'1)1$(1&*&5#0%
?C$%S1(1&=.1"01&R.*&0#L&'?&?&aIII&*&I^&)10?&?P1'"#.*&#$#4'0*&(#4#L*X&'&8*V%)*D&9$/*D
.#>#D#X&0$%/&!$1L%/1D(%&=%$1&*&0#L&51&?&9%$9#D#&'&8*D#&)*/#("*'0#&N.%"#&4$1"$41.#
(10%.*0%&"1+0*V&C?9*"#0#X&81(&51&/(#P#5&%'1"(%&4#%&*&K1(1<*5#&51&D%$#.#&4%(10#L&L#
4$*'0#P1&?&4%D%Q&')%5*D&9$%L%)J1DX&L#&9*&'1&%P?)#.%&D*$(%&O#L$#('0%&=%$1&*&L%"#L#+8*
4%$1L#0&(#&4%L$?P5?&%L&`"$#("#&L%&!*<*.*51&H#&4$%D1(#&'1X&4$*$%L(%X&9$/%&%'1"*.#&T#
51L(%5&'"$#(*X&?&'#D*D&=.1<*D#X&"%&*/#/*)#&"1S81X&L#&'1&%(*X&*&*(#P1&C%"%)%&4$14?+"1(*
'#D*&'19*X&$#/)*5?&?&+"%&'#D%'"#.(*5?&*&4%&D%C?Q(%'"*&4%"4?(%&'.%9%L(?&51L*(*<?&T#
L$?C%5X&(#&5?C?X&"%&*/#/*)#&:$)#"1&*&!$91&%0%&T1$1")1&(#&)1Q?&#0"*)(%'"&*&*'0%$*+Q#)#81
')%5*V&'"#$*VX&(#'.1>1(*V&*&4$*DJ1(*VX&4%D%$'0*V&)$.*(#&O1L#(&C$P0*&*/)%$&*/$*P(%&0#S1X
L#&51&4%L&0$#5&).#L1&<#$#&=*V#*.#&E@7@G&F%"4#.#&%L&$%D15'0%C&<#$'")#&P*"#)#&-#.D#<*5#F
*&L#&')*&4%'"#+1&'#D%).#'(*&*&'#D%'"#.(*&K*/#("*'0%N$#(#P01&9%$91&%0%&-#.D#<*51&(#
4%P1"0?&I^&)10#i&h?L1)*"%)&?'"#(#0&*&?4#L&?&-#.D#<*5?i&9%$91&'#&!#$#<1(*D#&(#&D%$?&*
#$#4'0%&/#.1"#81&L%&?&.?01&O#L$#('0%C&=%$#i&?'41'*&;?C#$#&4$%"*)&d#$1)*(1i&&')1&51&"%
?/9?(*.%&L%".1&D#81&#0"*)(*&'.%)1('0*&1.1D1(#"&*&%(&*&'#DX&4%)?P1(&?&9%$91&*&(#)?P1(&(#
4.1(X&'4$1D#&')%51&#0<*51&*&(#&D%$?&*&(#&0%4(?&[&Y#+0%5&'1&5#)J#&?'"#(#0&4$%"*)&K*/#("*51X
#&?&9%$9#D#&(#&D%$?&(#$%P*"%&'1&*'"*P?&T1$1"J#(*&0#%&(#5'D1.*5*&*&(#5(#'$"J*)*5*
!.%)1(*&?&4$)%D&$1L?&?C$%S#)#5?&'*C?$(%'"&%0%&')%5*V&%9#.#&*&(#4#L#5?&(#5)*+1&D.1"#P01
"$C%)#P01&.#>1X&0%51&(%'1&9%C#"1&"%)#$1&'&*'"%0#&B#L&51&D.1"#P0%&9$%L%)J1&@6&*&@@&C%L
9%$#)*.%&?&'*<*.'0*D&)%L#D#&0#%&)*/#("*'0#&'"$#S#X&T1$1"J#(*&?/1+1&)*+1&D#V#&*&4%P1+1
L#&%$C#(*/?5?&4$#)1&C?'#$'01&4%V%L1&3%&4%)$#"0?&D.1"#P01&N.%"1&%(*&'1&4$*9%5#)#5?&*
'D*$?5?i&P#0&*D&'1X&)1.*&51L#(&D.1"#P0*&*/)%$X&51L#(&%L&)%>#X&*/#'.#(&0#%&4%'.#(*0X&*&0$'"*%
?&K1(1<*5*&R.*&"%&51&')1&(1'"#.(%&_*D&'1&4$*.*01&?&=.1<*D#X&*/&9*.%&0%5*V&$#/.%C#X
4%C%$+#)#5?X&%(*&(#'"#)J#5?&'"#$*&/#(#"&\#&@A 2&C%L&/#91.1S1(#&51&)1'"X&L#&'?&(#4#.*
D.1"#P01&"$C%)<1&(#&4%)$#"0?&*/&;1(1)1("#X&4%9*.*&*VX&#&$%9?&*D&?4J#P0#.*&\#&4$*D1$%D
'$4'0*V&T1$1"J#(#&4%.#/1&*&'1)1$(*5#&V$)#"'0#&4.1D1(#&%0%&B.*'#&-#&"%&?/(1D*$*)#81
4$10$#"1&4$1L?/*D#5?&=.1P#(*&C%L&@A&)1.*0?&10'41L*<*5?X&q  & &`
"*D&9%$9#D#&(1D#&9.*S1C&4%D1(#&_*(*&'1&P#0&4$1D#&"10'"?&U)#(#&>#0%(#X&0#%&L#&*V&(*51&(*
9*.%&-?SL&51X&4$*P#&%(X&4%+#%&'&N.%"%D&(#&%')#5#81X&F#.*&0#L&51&L%+#%X&L%&D1'"#&/)#(%C
L)%$&!)&=#$"*(#&'0.%4*&D*$FX&#&/#"*D&51&F(#&*'"*&(#P*(F&?")$L*%&D*$&*&'#&T1$1"J#(*D#X
!)&=#$"*(&'1&(#.#/*&9.*/?&!4.*"#X&?&3%J*<*D#&=.1P*Q*&'?&%L#".1&%"*+.*&L%
(1$1"J#('0*V&%"%0#&E;$#P#X&:)#$#X&B%$P?.1&*&=J1"#GX&&4#&'1&*/D*$*.*&*&'#&T1$1"J#(*D#X&#
4%'19(%&'&(10*D&-$?+0%D&Ex 
 
GX&FD#$5#('0*D&'?<1DFX&"5&4$1"'"#)(*0%D&4.1D1(#&?
4$*D%$'0%5&S?4*X&0%5#&?&'")#$*&(*51&(*&9*.#&')#&4$#)#&(1$1"J#('0#&%9.#'"&R.*&D*$&(*51
L?C%&"$#5#%&=.1<*&)1Q&*L?Q1&C%L*(1&'4$1D#5?&(%)?&10'41L*<*5?X&'#L&4$%"*)&51L(%C&"$1Q1CX
)1$%)#"(%&4$#)%CX&(1$1"J#('0%C&)%>1&h?L*'.#)#&*.*&h?L1)*"#&E~  
 GX&0%5*
?.#/*&?&9%$9?X&?9*5#&4$10%&77&D.1"#P0*V&J?L*&*&)$#Q#&L?SL#&4%'$#DJ1(#&(#"$#C
T#'$"J*)*&*&#0"*)(*&!.%)1(*&4%'"#5?&%/9*J(#&%4#'(%'"&(#&O#L$#(?&*&*"#.'0*&0$#J&b%"#$X&'
=.1<*D#&/#51L(%X&D%$#&L#&"$#S*&(#P*(#&0#0%&L#&*V&'?/9*51&-#5?Q*&*/)1'(1&"$C%)#P01
4%).#'"*<1&=.1<*D#&E@ 7GX&0$#J&b%"#$&*"#.'01&C$#L%)1&'&D%$#&*&=.1"01&?4?Q?51&(#
?/#5#D(?&4%D%Q&F &  
&q  FX&%9#)1/#)+*&'1&=.1<*D#&L#&Q1&4$%"*)&F)#+*V
(14$*5#"1J#F&(#Q*&4%D%Q*&0%L&"*V&C$#L%)#&!#D*&=.1P#(*&9*.*&'?&*'"%&"#0%&L?S(*&?0#/#"*
4%D%Q&'#&')%5%D&N.%"%D&*'"#$'0*D&*&*"#.'0*D&C$#L%)*D#&3%'.1&L)#&5#0#&4%$#/#&D.1"#P01
N.%"1&%L&!#$#<1(#X&0%5#&'?&L%+.#&%LD#V&*/#&"%C#&"#&51&%9#)1/#&%'"#.#&D$")%&'.%)%X&51$&'1


 

 6
%'.#9J1(#&D.1"#P0#&N.%"#&(*51&'D1.#&?4?+"#"*&?&)1Q1&9%$91&'&L%'"#&5#0*D&T1$1"J#(*D#
U'0%$*+Q#)#5?Q*&D.1"#P0?&'.#9%'"X&*&(#4#L1&#$#4'0*V&.#>#&4%&5#L$#('0*D&)%L#D#&*
U"#.*5*X&!.%)1(*X&(#5)1$%)#"(*51&%)*&*/&-#.D#<*51X&(#4#L#5?&)1Q&*&'1)1$(1&5#L$#('01&%9#.1&*
C%L&@ ,&4$%L*$?&P#0&L%&'#D1&K1(1<*51X&%4J#P0#)+*&.#C?('0*&C$#L&B#%$.1&[&"*D&'$P#(*D
4%V%L*D#&5#P#&8*V%)#&'#D%')1'"&*&4$*)*0#)#81&(#&#4'%.?"(?&'.%9%L?&%L.?01&*&#0<*51
]*V%)#&9%$9#&9*.#&51&?&%)%&)$1D1&D#81&9%$9#&/#&4%.*"*P0?&'.%9%L?X&0%.*0%&4%"$19#
(1%C$#(*P#)#8#&')%5*V&4%L)*C#&*&51L(#&)$'"#&'.%9%L1&(1%LC%)%$(%'"*
[&'$1L*+8*D&*&*'"%P(*D&L1.%)*D#&;%'(1&*&:1$<1C%)*(1&*&?&?(?"$#+8*D&S?4#D#&L%
T1$1")1&S*)1.#&'?&'$4'0#&4.1D1(#X&(*0*D&(1'D1"#(#X&4%L&)$V%)(%D&).#+Q?&$#+0*V&).#L#$#
3$*/(#)#(#&51&(%D*(#.(%&)$V%)(#&).#'"&K*/#("*51X&0%5#&'1&*(#P1&51L)#&%'1Q#.#&?&"*D&L#.10*D
4.#(*('0*D&4%0$#5*(#D#&d#$'")#&Y#+0*X&%L(%'(%&'$4'0*X&).#L#$*X&0#%&)$V%)(*&C%'4%L#$*
/#')1L%P1(*&'?&'*C?$(%&?&I^&)10?&`(*&L%.#/1&(#&).#'"&4%&4$#)?&(#'.1>#&T10*&'?&%L&8*V
4%/(#"*X&#.*&'#D%&4%&*D1(?X&0#%&K*+1'.#)X&4#&81C%)&'*(&Y#L%'.#)X&4#&'*(&%)%C#&3$%'*C%5
H10&'#&K.#'"*D*$%DX&K*+1'.#)%)*D&4$#?(?0%DX&L%9*5#D%&(1+"%&)*+1&)1'"*&`(&L%.#/*&?
'?0%9&'&;?C#$*D#X&0%5*&'?X&5#P#5?Q*&')1&)*+1X&4%'"#.*&%4#'(*&'?'1L*X&*&?&"$%C%L*+81D
$#"%)#8?&(1CL1&%0%&@ 7&C%L&%'"#51&4%91L*.#<&-#&51&%(&9*%&C%'4%L#$&(1&'#D%&Y#+01X&(1C%&*
L#J*V&%9.#'"*X&)*L*&'1&5#'(%&%L#".1X&+"%&51X&?L#)+*&')%5?&0Q1$&/#&"$19*8'0%C&S?4#(#&*
V%"1Q*&L#&%L.*0?51&/1"#X&%)%C&F*D1(%)#%&).#L#$1D&*&?P*(*%&C#&'#D%'"#.(*DFX&0#0%&*/$*P(%
(#)%L*&B%('"#("*(&3%$N*$%C1(*"&`)%&'*C?$(%&(1&9*&D%C#%&P*(*"*X&L#&(*51&(#&"%&*D#%
'")#$(%C&4$#)#&;%$91&'&;?C#$*D#&(#'"#)J1(1&'?&*&/#&81C%)*V&(#'.1L(*0#X&#&)%L*.1&'?&'1X&?
C.#)(%DX&(1CL1&(#&4%L$?P5?&%0%&L%81C&b*D#&B#%&C$#(*P(%&D1'"%&*/D1>?&!$9#&*&;?C#$#X&/#
)$1D1&"*V&9%$9*X&(#)%L*&'1&Y#'&-$S#)#&'1&'$4'0#X&4$1D#&"%DX&(#.#/*.#&/#4#L(*51&*&81(%
"1S*+"1&9*.%&51&(#&4%L$?P5?&-$*(1&*&T1$1")1&')1&L%&D%$'01&%9#.1&;?C#$*&'?&C%L&@2A
/#)%5+"*.*&*&(#&o$#(01X&L#&9*&4%)$#"*.*&*/C?9J1(*&!$1D&!&8*D#&'?&9*.*&?&'#)1/?&(10*
F!.%)1(*FX&)1$%)#"(%&=%$#)<*&:$)#"*&'?&L%+.*&?&'?0%9&'&8*D#X&0#%&'#)1/(*<*&*
4%L.%S(*<*&o$#(#0#X&*&'?/9*.*&'?&9?C#$'0?&)%5'0?&V#(#&;%$*'# &T1&/(#D%&"#P(%&CL1&'1
)%L*.#&"#&9%$9#X&#.*&/(#&'1X&L#&'1&9?C#$'0%V$)#"'0#&C$#(*<#&51L(%&)$1D1&L%L*$*)#.#&?&0?"?
!#)1&*&;%'(1
&;?C#$*&*&4$1D#&!$9*D#&*&4$1D#&:$)#"*D#&(*'?&?&"#5&D#V&4%'"*C.*
(*0#0)*V&?'41V#X&#.*&51&*/#/*)#%&9$*C?&"#5&8*V%)#&/#D#V&4$1D#&/#4#L?X&"%.*0%&L#.10&%L
8*V%)*V&4$#)*V&'1L*+"#&*&%L&<1("$#&8*V%)1&L$S#)1

    


-%+#)+*&(#&;#.0#(&O?S(*&!.%)1(*&/#"10.*&'?&"?&)1Q&4%"4?(%&$#/)*51(?&V$*+Q#('0?
0?."?$?&]1&51X&0#0%&/(#D%X&9*.%&4$1&8*V&*&?&;%'(*&3%'"141(*D&)1/#D#&'#&'"#$%'1L1.#P0*D
1.1D1("%D&%(*&4$*D#5?&4%(1+"%&%L&81X&4#&5%5&4%'.1&4$*.#/1&'&)*+1&4%)1$18#X&(#54$1&0#%
4%51L*(<*X&#&0#'(*51&0#%&)1Q1&'0?4*(1&K1'"&B%('"#("*(#&3%$N*$%C1(*"#X&L#&'?&9*.*
0$+"1(*&)1Q&?&aII&)10?X&/#&).#L1&<#$#&:*$#0.*5#&*&81C%)%D&*(*<*#"*)%DX&*&"%&4$10%
')1+"1(*0#&*/&Y*D#X&0%51&51&%(&(#9#)*%X&(1&*/C.1L#X&D1>?"*DX&(*D#.%&)1$%)#"(#&H1+0%&51
4$*D*"*X&L#&9*&%(&/#&4%0$+"#)#81&0%51&51&*D#.%&9*"*&4$)%&4$*9.*S#)#81&).#L#5?Q1D
1.1D1("?&*&51L#(&?)1"&/#&#'*D*.#<*5?X&?/*D#%&')1+"1(*01&'#&/#4#L#X&#&(1&')%51&C$P01X&81D?
')#0#0%&4%?/L#(*51&?P*"1J1&!")#$&51&4$%'"%&?&%)%D&\#V)#J?5?Q*&'%.?('0%D&)*0#$*5#"?
4#4*(&?"*<#5&9*%&51&C%"%)%&#4'%.?"#(&(#&/#4#L?&;#.0#('0%C&3%.?%'"$)#&*&')1&L%&4$1.%D#&'
<#$1D&b#)%D&U0%(%9%$<1D&.#"*('0%&')1+"1('")%&9*.%&51&4$1"1S(*51&*&?4$#)%&C.#)(*
P*(*.#<&?&V$*+Q#('0%5&D*'*5*&[&d#$*C$#L?&'1X&(#$#)(%X&/(#.%&%&"%D&*&?&"$#L*<*5*&:&)10#
'")#$&51&L%9*.#&4%D#.%&4%D?Q1(&.1C1(L#$(*&%9.*0X&#.*&'#&#D9*<*5%D&L#&'1&*(*<*#"*)#
/#L$S*&/#&'191&U'"%&51&"#0%&D#.%&4%?/L#(&*&L$?C*&L1%&<#$1)#&4$*P#8#X&L#&51&)1Q&"#L#&?'41.%
V$*+Q#('0%D&')1+"1('")?&'")#$(*51&L1.%)#"*&?&4%0$+"#)#8?&!.%)1(#&B%.*0%&'1&L#(#'&/(#X
P*"#)&aII&)10&(*51&L%(1%&)1.*0*V&4$%D1(#&?&(#P*(?&S*)%"#&*&0?."?$*&(#+*V&4$1L#0#&*
4$*D#81&V$*+Q#('")#X&?&0%.*0%&C#&51&9*.%X&)$+*.%&'1&'#D%&4%51L*(#P(%&R.*X&*&%(%&D#.%
+"%&51&?P*81(%&9*.%X&51X&?&C.#)(%DX&L1.%&/#4#L(*V&<$0)1(*V&$#L(*0#&!#&)*/#("*'01&'"$#(1X
4%$1L&4%.*"*P0%C&D%D1("#X&0%5*&51&D(%C%&L%4$*(%'*%&L#&'.%)1('0*&J?L*&9?L?&(14%)1$J*)*X


 

 6A
%'0?L*<#&)1Q1&#0"*)(%'"*&51&L%.#/*.#&*&%L&$#'"$%)#(*V&)1$'0*V&4$*.*0#&D1>?&'#D*D
M$<*D#&`L&aIII^&)10#&"#D%&(1&4$1'"#5?&51$1"*P01&'10"1X&)#'1J1('0*&'#9%$*&'#&P1'"%
'#9.#S8*)*D&'<1(#D#X&*&(#$%P*"%&'*.(#&)1$'0#&C%818#&/#&)$1D1&'"$#'(1&'"%C%L*+81&9%$91
%0%&*0%(#X&0%5#&51&"#L&9*.#&4$1LD1"&%4+"1C&*("1$1'#
M.#)(#&#0"*)(%'"&/#&4%0$+"#)#81&O?S(*V&!.%)1(#&(#'"#51&"10&4%P1"0%D&*&"%0%D&I^&)10#
B%L&:$)#"#&%(#&51&?&)1/*&'#&+*$181D&N$#(#P01&).#'"*&H%&'1&L#&)*L1"*&4%&0?."?&')1"#<#X&4%
.*<*D#&0%5#&L1.?5?X&*&L%9$*D&L1.%D&4%&*/)1'(*D&%'%9*(#D#&<$0)1(1&#$V*"10"?$1&T*('0#
<$0)#X&?&0%5%5&51&'")%$1(%&'1L*+"1&/#&V$)#"'0%C&9*'0?4#X&4%')1Q1(#&51&C#.'0%D&')1<?&R'1.?
\#&!)&[$/#&'1&*/$*P(%&0#S1X&L#&51&?&-#.D#<*5*&4%0$'"*%&D(%C1&4%C#(1&9#+&?&)$1D1&B#$.#
K1.*0%C&-#&L%".1&/(#"#(&L1%&(#$%L#&?&3$*D%$5?&(*51&4$*4#L#%&V$*+Q#('0%5&)1$*&'.1L*
5#'(%&%L#".1X&+"%&'1&51L#(&(1$1"J#('0*&)%>#&"10&%L&(?SL1&0$+"#)#&?&=.1<*D#&*&"%&5%+&%0%
@A7&C%L*(1&T1+"%&#0"*)(%'"*&9*.%&51&*4#0&*&'#&)*/#("*'01&'"$#(1&`9(%)#&'4.*"'01
14*'0%4*51X&0#%&(#'.1L(*<1&'"#$1&!#.%(1X&0%5#&51&L%+.#&%L&<#$*C$#L'0%C&4#"$*#$V#X&4#L#&"10
?&0$#5&aIII&)10#X&#&*/#/)#(#&51&)1Q%D&4#S8%D&/#&5#L$#('01&'")#$*&'#&)*/#("*'01&'"$#(1&4%'.1
C?9*"0#&$#)1('0%C&1C/#$V#"#&E62&C%LG&H#L&'?&*/&d#$*C$#L#&0#%&4%'19(#&D*.%'"&4%'.#"1&?
B%"%$&D%+"*&')&H$*N?(#X&#&?&\#L#$&D%+"*&')&R(#'"#'*5#&T#5'"#$*51&<$0)1(1&C$#>1)*(1&?
=.1<*D#&"%C#&L%9#&L*S?&'1&C$P0*D&(%)<1D&*&%L&8*V%)*V&C$#L*"1J#
[&;%'(?X&'#&81(*D&<1("$#.(*D&4%.%S#51DX&V$*+Q#('")%&51&D%C.%&L%Q*&'#D%&4%'$1L(*D
4?"1D&*.*&*/&=#Q1L%(*51&%L&"#D%+8*V&'.%)1('0*V&4$%4%)1L(*0#X&0%5*&'?&'1&$#/)*.*
(#$%P*"%&0$#51D&I^&*&4%P1"0%D&:&)10#X&%L(%'(%&L1.%)#81D&?P1(*0#&4$)*V&'.%)1('0*V
#4%'"%.#X&W*$*.#&*&=1"%L*5#i&*.*&*/&'?'1L(1&-#.D#<*51&`)#&51&L$?C#&9*.#&9.*S#&*&%L$#(*51
#0"*)(*5#&!)*&V$*+Q#('0*&'4%D1(*<*&9%'#('0%C&4%L$?P5#X&"5&%'"#<*&<$0)1(1&#$V*"10"?$1&*
C$%9%)#X&?&P*"#)%D&)$1D1(?&%L&aIII^II&)10#X&4%"4?(%&'?&?&)1/*&'#&L#.D#"*('0*D&*&*D#5?
#4'%.?"(%&*'"1&"*4%)1&*&#(#.%C*51&\#(*DJ*)#&51&*&)#S(#&4%5#)#X&L#&'?&(#5'"#$*51
V$*+Q#('01&<$0)1&?&;%'(*&*&:1$<1C%)*(*&'#C$#>1(1&F*.*&(#&'#D*D&$*D'0*D&/*L*(#D#&*.*&?
(14%'$1L(%5&9.*/*(*&$?+1)*(#&$*D'0*V&(#'1%9*(#F&FB#%&C$#>1)(*&D#"1$*5#.
?4%"$19J#)#.%&'1&0#D181&*&#$V*"10"%('0*&N$#CD1("*&$*D'0*X&0%5*&'?&'1&?/*>*)#.*&?&/*LX&#
0$%)&51&9*%&4%0$*)1(&%9*P(%&$*D'0%D&<*C.%D&'#&/#$?9%DX&0%5?&9*&4#9*$P1Q*&4%'#9$#.*&*/
C$%V%"#&*/%0%.(*V&4%L%$#&=*&"?&C.1L#D%&*'"?&0?."?$(?&'.*0?&?&D#.%DX&+"%&51&?&)1.*0%D
4$*0#/#(#&?&$#/)#.*(#D#&-*%0.1<*#(%)1&4#.#P1&?&!%.*(?&&!4J1"?X&0#L#&'1X&*/#&4$)1
0#"#'"$%N#.(1&4$%)#.1&9#$9#$#X&$#/951C.*&$*D'0*&C$#>#(*&4.#+J*)%&0?41&%0%&$#/%$1(*V
%C8*+"#F &H#0)1&'.?P#51)1&*D#D%&?&!01.#(*D#X&?&K#$)#$*&0%L&Y#D1X&?&;%$#'*D#&0%L
K*"*(1X&?&=%+?8?X&?&R$(#?"%)*Q*D#&T101&%L&"*V&<$0#)#&9*.1&'?&D#.1(1X&)*+1&0#41.1X&L%0
'?&L$?C1&V)#"#.1&)$.%&+*$%0&%9*D&[&!01.#(*D#&%P?)#(1&'?&P#0&L)1&<$0)*<1X&C$#>1(1&(#
$*D'0*D&$?+1)*(#D#X&51L(#&D#.#&*&51L(#&)1.*0# 
T#&4%L$?P5?&;%'(1&%P?)#(%&51&)*+1&'"#$*V&<$0#)#&?&$?+1)*(#D#X&P*5*&51&$#L&*D#%&)1Q*V
?D1"(*P0*V&#D9*<*5#&T1&/(#D%X&(#&S#.%'"X&L#&.*&'?&')1&"1&<$0)1&4#.1&0#%&4.1(&%')#5#P#&-#
'?&4%L*/#(1&?&aII&*&aIII&)10?X&%LD#V&*/#&L%'1J#)#8#&5%+&'*$%)*V&!.%)1(#X&'#&"*D
?D1"(*P0*D&)$1L(%'"*D#X&(1&*/C.1L#&)1$%)#"(%i&(#4$%"*)X&9#+&51&8*V%)&D#"1$*#.&4%(10#L
'.?S*%&/#&'.%)1('01&C$#>1)*(1&`9$#'<*&/#&%(#5&?D1"(*P0*&$#L&*&)$.%&)1$%)#"(%&*&4$)*
D#5'"%$*&L%.#/*.*&'?&*/&-#.D#<*51&M$#>181&51&9*.%&(#5)1Q*D&L1.%D&?&L?V?&$%D#('01
"$#L*<*51&T#5.14+*&4$*D1$<*&<$0)1(1&L10%$#<*51&$%D#('0%.%D9#$L'0%C&'"*.#&%P?)#(*&'?
?&-#9$#)*(#D#X&0%L&K#$1+#X&P*51&#(#.%C*51&*D#&*&;$1/#X&?L#J1(#&')1C#&2&0D&%L&81X&L#J1
\1(*<#X&#&L1.*D*P(%&*&=%+?8&\#&"*4&$1"01&L)%'"$?01&9#/*.*01&?&\1(*<*&*&M%$81D&H?$91"?
W&H$?V1.0#&51&(#+#%&#(#.%C*51&'#D%&?&#?C'9?$+0%5&<$0)*&!)&[L#.$*V#&*&RN$1&*&L%(10.1&?
/#L#$'0%5&0#"1L$#.*&!)&R(#'"#'*5#
!"#$*V&"*V&<$0#)#&(#>1(%&51&?&;%'(*&*&:1$<1C%)*(*&$1.#"*)(%&)1.*0&9$%5i&4%$1L&)1Q
4%D1(?"*V&L#&(#)1L1D%&5%+&9#/*.*0?&?&R$(#?"%)*Q*D#&0%L&K*'%0%CX&?&3%"%<*D#&0%L
=%'"#$#X&;.#C#5?X&K$"%P#D#&0%L&-$)#$#&*&?&j?4#8<?&T101&%L&"*V&C$#>1)*(#&(#'"#.1&'?&)$.%
)1$%)#"(%&*&/#&)$1D1&9%'#('01&L$S#)1X&?&)1/*&'#&'.*P(*D&$#L%)*D#&?&-#.D#<*5*&*&4%&?/%$?


 

 6
(#&'"#$1&L%D#Q1&4$*D1$01&;%'#('0#&L10%$#<*5#&'&"*V&%9510#"#&(*51&%$*C*(#.(#i&')1&+"%&'1&"?
(#+.%&L%"#L&D%S1&'1&?")$L*"*&*&?&'?'1L'")?&B#%&4%'19(*X&9%'#('0*X&.%0#.(*&"*4&"1&9?5(1
?D1"(%'"*X&CL1&'1&F4.#'"*0#&'"#)J#.#&?&'.?S9?&#$V*"10"?$1FX&*&CL1&'?&'*D9%.*P(1&#.1C%$*51
0%D9*(%)#(1&'#&$#/(%)$'(*D&%9.*<*D#&4.1"1$(%C&%$(#D1("#X&C1%D1"$*'0*V&N*C?$#X&#0#("%)#
.*+Q#&*&(#9$10.*V&C$%/L%)#X&(#.#/*&H$?V1.0#&51L#(&)1.*0*&'"1Q#0&*/&-%81&\C%+Q1&F`(&0#%
L#&51&/#C.#)#0&%)1&?D51"(*P01&"$#L*<*51X&51$&'1&"?&?/&%9*.(?&%$(#D1("*0?&$%D#('0%C#&'"*.#
4%5#)J?5?&)1Q&D%"*)*X&0%5*&'4#L#5?&?&0%.%&4$%'"%(#$%L(1&?D51"(%'"*F
U&4$1LD1"*X&0%5*&'?&(#.#S1(*&?&"*D&$?+1)*(#D#&*&?&C$%9%)*D#&%0%&8*VX&*D#5?&')%51
#(#.%C*51&4%(#5)*+1&?&-#.D#<*5*X&(#$%P*"%&?&"#D%+81D&4%/(#"%D&(#.#/*+"?&?&;*'0?4*5*&*
!%.*(?
[&%'"#<*D#&"*V&<$0#)#&(#>1(*&'?&*&(10*&V$*+Q#('0*&(#"4*'*X&P*5*&51&51/*0&.#"*('0*&H%
(#59%J1&4%0#/?51&*&4%$10.%&*&4?"&4$%4%)1L(*0#&%L&/#4#L#&4$1D#&*'"%0?&[&;$1/*X&*/D1>?
K*'%0%C&*&!#$#51)#X&(#>1(&51&(#"4*'&E   G&  &H#5&$%D#('0%.#"*('0*&?"*<#5&L%4$%&51
*&L#J1&(#&*'"%0&L%&-$1(%)#&0%L&3$*514%J#X&CL1&'1&(#.#/*&$?+1)*(#&51L(1&<$0)1&'&.#"*('0*D
(#"4*'%D&*/&aIII:&'"%.1Q#&¼&†
& & ‚
`L&d1"*(1&L%&;%5#(1&9*.%&51&51L*(%&4%L$?P51&'$4'0*V&(#'1J#X&0%51&51&D%C.%&(14%'$1L(%
%4+"*"*&*&'#&U"#.*5%D&*&'#&)*/#("*'0*D&#LD*(*'"$#"*)(*D&*&"$C%)#P0*D&')1"%D
3$1).#>*)#%&51X&4$*$%L(%X&$%D#('0*&?"*<#5&*&4%&')%5%5&"$#L*<*5*&*&4%&9.*/*(*&')%C
*'V%L*+(%C&4%L$?P5#&*&4%&9$%5?&')%5*V&4$1"'"#)(*0#&R.*&51X&*4#0X&')1&L%&L#(#'X&%'"#.%&*
(1+"%&"$#C%)#&)*/#("*'0*V&)1/#&*&?"*<#5#X&*&"%&(1&'#D%&?&.%0#.(*D&%/(#0#D#&E(4$&?
-?9$%)(*0?&3*.1&&·ŸŽ &%/(#0#&F& &  FX&*C#.%&& ¢ ŽÜ’X&F9#/*.*0#FX&!"#$1#&
R'"#$1#&&¦Šž¡žœ&*&L$GX&(1C%&*&?&$1.*C*%/(%5&0?."?$*&H#&51&(#5)*L(*5#&?&+"%)#8?&')1"#<#
*'"%P(%C&4%$10.#X&P*5*&'1&0?."&4$1(1%&L?9%0%&?&;%'(?&*&:1$<1C%)*(?&(4$&D?P1(*0#&!1$C*5#
*&K#0V#&E9$L%&!$>&(#L&-?9$%)(*0%D&*&?&;$1/*&4%&')1<?&"%C#&*D1(#GX&L#J1&B?/D#(#&*
-#D5#(#X&'%.?('0%C&')&-*D*"$*5#&E4%&81D?&=*"$%)*<#G&\#+"*"(*0&-?9$%)(*0#X&')&K.#V%X
9*%&51&D?P1(*0&'&*'"%P(1&'"$#(1X&0#%&*&/#+"*"(*0&B%"%$#&')&H$*N?(&-#&51&?&aIII&*&I^&)10?
9*.%&)1/#&*/D1>?&(#+*V&%9.#'"*&*&)*/#("*'0%C&')1"#&*D#D%X&?&%'"#.%DX&*&(14%'$1L(*V
L%0#/#&[&h?9%D*$?&0%L&H$19*8#&(#>1(%&51&(10%.*0%&/.#"(*V&(%)#<#&<#$#&B%('"#("*(#&a
B%4$%(*D#&E6 662Gi&#&?&H$19*8?X&?&$?+1)*(#D#&<$0)1&')&31"$#&?&_*P1)?X&*'0%4#(*&'?
(%)<*&<#$#&T*Q*N%$#&o%01&\#&).#L1&<#$#&K#'*.*5#&I&E@,6@@,G&L%+.#&51&')#&-#.D#<*5#&'#
/#.1>1D&?&D(%C%&"1+8?&)1/?&'#&d#$1)*(%D
-%.#/#0&(#&).#L?&<#$#&K#'*.*5#&I&=#Q1L%(<#X&%L.?P(#&*&)$.%&#0"*)(#X&L%(1%&51&%9$"&?&')%5
)*/#("*'0%5&9#.0#('0%5&4%.*"*<*&d#$&51&4$*9.*S*%&K*/#("*5*&(1&'#D%&'?'1L(1&;?C#$1X
(1C%&*&D(%C%&L#J1&4$*D%$'01&:$)#"1&`)*&'?&L%".1X&?&L$?+")?&'#&T1$1"J#(*D#X&4%&'"#$%D
%9*P#5?X&C?'#$*.*&4%&O#L$#('0%D&=%$?&*&*/#/)#.*&(1&'#D%&%+"#$&4$10%$&'#D1&4#4'01&0?$*51
EF  &   FGX&(1C%&*&*("1$)1(<*5?&D.1"#P01&N.%"1X&0%5#&*V&51X&%0%&@,2&C%LX&?'41.#
(#C(#"*&(#&4$*)$1D1(*&D*$&B#L&'?&D#.%&L%<(*51&'"#.1&?&O#L$#('0%&=%$1&4$%L*$#"*&9%$91(1
'#$#<1('01&.#>1X&L#&4.1(1&%9#.1&*&+"1"1&"$C%)*(?X&*&0#L&51&D%Q(#&'#$#<1('0#&N.%"#&%4'1L#.#
'#D&-?9$%)(*0X&%P*&')*V&L#.D#"*('0*V&C$#L%)#&'#D1&'1&%0$1(?+1&D%Q(%D&/#+"*"(*0?&?
d#$*C$#L&d#$&K#'*.*51X&"10&+"%&91+1&4$1?/1%&).#'"X&%LD#VX&%'1Q#5?Q*&%4#'(%'"&*&4%C%L(%'"
P#'#&L#&'1&5#)*X&+#J1&')%5?&N.%"?&?&5#L$#('01&)%L1&*&L%(%'*&S?>1(?&/#+"*"?&M%(1Q*
!#$#<1(1&L#J1&%L&')%5*V&%9#.#&<#$&'4$1D#&51L#(&)1Q*&4%V%L&N.%"1&4$%"*)&O?S(1&U"#.*51X&CL1
'1&!#$#<1(*&91V?&?C(1/L*.*&T#&"#5&4%V%LX&?41$1(&4$%"*)&;#$*5#X&@,&C%LX&<#$'0*&#LD*$#.X
T*0*"#&`$*N#'X&4%/)#%&51&*&(1L#)(%&%'.%9%>1(1&<#$1)1&4%L#(*01X&4%/(#"1&L%9$1&D%$(#$1&'
8*V%)*D&.#>#D#X&*&"%&\#V?D<1X&H$19*8<1X&B%(#)J#(1X&-?9$%)P#(1&*&D%SL#&51L#(&L1%&:$)#"#
'&%"%0#&3%/)#"#&4.1D1(#X&0#%&+"%&'1&)*L*X&91V?&%(#&*/&5?S(1&-#.D#<*51X&%L(%'(%&*'4%L
T1$1")1&T10#&'1&%L&8*V&%LD#V&*&%L#/)#+1&R.*&0#L&51&)*/#("*'0#&N.%"#&L%+.#&4%L&;#$*&(*51
"#D%&/#"10.#&')%51&(1D#P0%*"#.'01&'#)1/(*01&*&'&"%C#&'1&4%)?0.#X&(%&(1&91/&4*/D1&(#&b#"*(1
*&/#4#L8#01&?%4+"1&H*&'?&(#'0%$%&'#D*X&4%D%C(?"*&%L&L#.D#"*('0*V&:$)#"#X&4%P1.*&%4'#L?
C$#L#&*&?/1.*&C#&(#/#L&&N19$?#$#&@6&H%&51X&(#$#)(%X&5%+&)*+1&$#/L$#S*.%&K*/#("*(<1X&51$


 

 62
*D&'1&P*(*.%&0#%&L1.%&(1)1$1&!&"%C#X&0#L&'?&'1&(10*&4#4*(*&.1C#"*&)$#Q#.*&*/&d#$*C$#L#&*
9*.*&(#&4?"?&*/&-$#P#&?&O#0*(&(#4#L(?"*&*&%4J#P0#(*&%L&F!.%)1(#FX&L%>1&"%&0#%&4%$?P1(#
4$*.*0#&K*/#("*(<*D#X&L#&'1&%')1"1&%(*D&L#.D#"*('0*D&4.1D1(*D#X&0%5#&91V?&4$*'"#.#&?/
/#4#L8#01&*&?P1'")%)#.#&?&L$?C%D&(#4#L#5?&(#&;#$*&`(*&"%9%S1&'&"%C#&?4#L#5?&'&N.%"%D&?
8*V%)%&4%L$?P51&5%+&/#&)$1D1&L%0&'1&8*V%)1&.#>1&9#)1&4%L&;#$*51DX&4.1(1&*D&4%J#X&%L)%L1
$%9J1&*&$?+1&(10%.*0%&C$#L%)#&[4.#+1(#X&L#.D#"*('0#&4.1D1(#X&0%5#&(1&4$*>%+1&L%".1
4%L&<#$'0?&).#'"&D*.%DX&L%>%+1&'#L&'*.%D&*&K*/#("*5#&"#0%&4%(%)%&4%'"#&C%'4%L#$&/#4#L(%C
L1.#&;#.0#('0%C&3%.?%'"$)#
T#5?4%$(*51&%L&')*V&'.%)1('0*V&4.1D1(#&(#&5?C?&91V?&T1$1"J#(*X&51L(#&C?'#$'0#&D1+#)*(#
'"#$1&*&(%)1&0$)*&`(*&(1&4$1'"#5?&L#&(#4#L#5?&"?>1X&4%(#5)*+1&D.1"#P01X&.#>1&*&(1&D*$1&'1
4%(10#L&'&=.1<*D#&(*&%(L#X&0#L&"%&P*(1&')*&%'"#.*&'?'1L*&U)#(&c#0%(&*/$*P(%&(#)%L*X&L#
'?&%(*&%'"#.*&(1*/D*$1(*X&0#L&'?&=.1P#(*X&4%'.1&'D$"*&0(1/#&-%D#C%5#X&'0.%4*.*&D*$&'#
:$)#"*D#&!.%9%L%J?9*)*&*&0%(/1$)#"*)(*X&%(*&'1&*'"%&"#0%&%4*$#V?&*&)*/#("*'0%5&).#'"*
T#$%P*"%&%L9*5#V?&L#&4$*D1&V$*+Q#('0?&)1$?X&?&"%&)$1D1&)$.%&S*)%&4$%4%)1L#(?X
4%(#5)*+1&'&"%C#X&+"%&'?&?&"%D&C.1L#.*&'#D%&'$1L'")%&/#&')%51&4%"P*8#)#81&3%$N*$%C1(*"
51&%'"#)*%&4%D1(X&L#&'?&T1$1"J#(*&4$%/)#(*&F3#C#(*D#FX&%L(%'(%&?&L#(#+81D&4$*DJ1(%D
%9.*0?&F4%C#(*D#FX&F'&"%C#X&+"%&(*'?&4$*'"#.*&L#&'1&4%0$'"1&?&%(%&)$1D1X&0#L&'?&'1&0$'"*.*
')*&!$9J*F&R.*&0#L&'?&)*L1.*&'?L9*(?&')%5*V&V$)#"'0*V&'?'1L#&*/C.1L#&L#&'1&4%0%.19#+1&*
%(*&;%51Q*&'1&(%)%C&(#4#L#&%(*&4%'.#+1&51L(%&*/#'.#('")%&<#$?&K#'*.*5?X&*/5#)*+1&')%5?
4%0%$(%'"&*&/#"$#S*+1&0$+"181&d#$&51&4$*'"#%&*&4%'.#%&*D&')1+"1(*01&H%&51&')1X
(1'?D8*)%X&9*.%&?&)1/*&*&'#&4$*.#'0%D&:$)#"'01&4%L&)*/#("*'0?&).#'"&H#L#&51&V$)#"'0*
4$1'"%&/#?/1%&\L1'.#)&E!1L1'.#)G&H$4*D*$%)*QX&*&"%&4%"4?(%&0#%&P%)10&<#$#&K#'*.*5#&`(&51
L%+#%&?&-#.D#<*5?&(14%'$1L(%&*/&'#D%C&d#$*C$#L#X&4$#Q1(&C$P0*D&P*(%)(*<*D#&*
')1+"1(*<*D#&[&%)%&)$1D1X&%0%&@6,&C%LX&C%"%)%&')#&'1&-#.D#<*5#&%9$Q1&(1&'#D%
)*/#("*'0%D&<#$?X&(1C%&P#0&*&<#$*C$#L'0%D&4#"$*#$V?X&(#&/#4$14#+Q181&*&(1&D#.*&9%.&4#41
U)#(#&aIII&\#&'$4'01&0(1/%)1&"%C#&)$1D1(#X&4%'19(%&/#&=?"*D*$#X&/(#D%X&L#&51&4$*'"#5#%&?/
*'"%P(?&<$0)?X&*#0%&C#&51&4#4#&@6A&C%L&4%/*)#%X&L#&'1X&4%&"$#L*<*5*&')%5*V&4$1"V%L(*0#X
)$#"*&4#(%('0%5&L*1<1/*X&(#$%P*"%&'&%9/*$%D&(#&"%&+"%&51&%(#&?&!)&=1"%L*5?&L%9*.#
'.%)1('0%C&14*'0%4#
-#&51&?&;%'(*&%'"#.%&*4#0&L%'"#&'"#$*V&"$#L*<*5#&')1L%P1&D(%C#&#$V#*P(#&)1$%)#8#&E(4$
*/?/1"(%&/#(*DJ*)#&*&5%+&(1L%)%J(%&*'4*"#(#&P#$#8#&*&%9*P#5*&%0%&U)#8L#(#&*&31"$%)
L#(#i&$#/)*51(&0?."&.*41&*&%C8#i&*/)1'(*&%9*P#5*&%0%&S1(*L91&*&'#V$#(1i&$#/(#&)$#P#8#&*
L$G&[&'$1L&'"#$1&4$)%9*"(1&;%'(1X&0%L&K*'%0%CX&(#.#/*&'1&9$L%X&*/)%$&*&4%"%0&'#&(#/*)%D
31$?(#&H%&+"%&'1&*&9$L%&*&*/)%$&/%)?&*'"*D&*D1(%D&9*Q1&'*C?$(%&"$#C&'"#$%C&0?."#
=1>?&!.%)1(*D#&<#$&51&L1.%)#%&'&D(%C%&%9/*$#&T*51&V"1%&L#&*D&(#"?$#&')%5?&).#'"&*&')%51
J?L1&(#&(#P*(&0%5*&9*&J?L1&%"?>*)#%X&(1C%&51&4?'"*%&L#&!.%)1(*&'#D*&%L$1L1&'19*&.%0#.(1
C%'4%L#$1X&*/&4.1D1(#&0%5#&'?&'#D*&(#5)*+1&)%.1.*&*&<1(*.*&E
· &¢žž’&’&ž• &ª¢œŠ¨
 &¦Šž¡¢•G&H*&C%'4%L#$*&'?&%"#L#&%'"#.*&(#&).#'"*&L1<1(*5*D#&H%&51&9*.#&/(#P#5(#&D1$#
d#$&51&?"*<#%X&L#&'1&"*D&C%'4%L#$*D#&%91/91L*&"$#5#81&).#'"*&/#&L?S1&41$*%L1X&')#0#0%&?
"1S8*&L#&?&8*D#&K*/#("*5#&L%9*51&%L#(1&4$*5#"1J1&*&L#&'1&"*D&'"#9*.*/*$#&*/)1'"#(
#?"%$*"1"&/#&$#/.*0?&%L&'.%)1('01&$#'?"%'"*&*&L1D%0$#"'0%C&#(#$V*/D# 
[&3%$N*$%C1(*"#&51&'#%4+"1(#&*&P*81(*<#&%&%L(%+#5?&L#.D#"*('0%C&$%D#('0%C&C$#L'0%C&*
%"%P0%C&'"#(%)(*+")#&4$1D#&!.%)1(*D#&8*V%)#&/#.1>#&[/(1D*$#)#(*&%L&T1$1"J#(#X&0#L&'?
*+.*&L#&%9$#>?5?&/1DJ?&(#&%"%<*D#X&#&%L&:$)#"#X&0#L&'?&V"1.*&L#&$#L1&(#&'?V?X&Y%D#(*&'1
%9$#"*+1&K#'*.*5?&'&4*"#81DX&+"#&L#&$#L1&`(&*D&(#$1L*X&L#&L#5?&!.%)1(*D#&%(#5&L1%X&0%5*
'?&L%".1&L#)#.*&81C%)*D&(#D1'(*<*D#&*&L#&'1&(#C%L1&'&8*D#&?&D*$?i&#&)*/#("*'0%D
/#4%)1L(*0?&L#&L#5?&'#D%&(1+"%&D#.%X&N%$D1&$#L*X&F"10&L#&'1&4%0#S1&4%0%$(%'"&*
4%L.%S(%'"&$%D15'0*D&<#$1)*D#F&H#5&?/#5#D(*&%L(%+#5X&?$1>1(&*&%4$1L1J1(X&%5#P#%&51
?"*<#5&0?."?$(*51C&C$#L'0%C&$%D#('0%C&1.1D1("#&(#&'.%)1('01&'?'1L1&*&D(%C%&51&D1>?&8*D#
L%4$*(1%&+*$18?&V$*+Q#('01&)1$1&*&<*)*.*/#<*51


 

 6,
[&"%&)$1D1&%'1Q#5?&'1&?&')*D#&'.%)1('0*D&/1DJ#D#&%L&=%$#)'01&L%&!"$?D1&9%C#"*&4.%L%)*
'.%)1('01&V$*+Q#('01&D*'*51X&0%5?&91V?&4%P1.*&*&'&D(%C%&4%S$")%)#8#&$#/)*5#.*&W*$*.&*
=1"%L*51&T#*+#)+*&(#&(1D#P0*&%"4%$&?&=%$#)'0%5&*&3#(%(*5*X&"#&'1&D*'*5#X&4$10%&?P1(*0#
W*$*.#&*&=1"%L*5#X&4$1(1.#&(#&;#.0#(X&#&4%C.#)*"%&?&D#Q1L%('01&'.%)1('01&%9.#'"*&`L#".1X
%(#&51&9$/%&?/1.#&D#V#&?&')*D#&'.%)1('0*D&/1DJ#D#&*&/#V)#J?5?Q*&8%5&4%0$+"#)#81&!.%)1(#
0$#51D&I^&*&4%P1"0%D&:&)10#&4%'"*C.%&51&%(1&$1/?."#"1X&0%5*&'?&?&*("1$1'?&8*V%)1&0?."?$1
9*.*&(#54%)%J(*5*&[&:&)10?&'.%)1('0#&'.?S9#&9*.#&51&)1Q&"%.*0%&5#0#X&L#&51&?&-#.D#<*5*X
4%$1L&')*V&4$%"*)(*V&(#'"%5#8#&4#4*('01&0?$*51&*&<$0)1(*V&'*(%L#X&?'41.#&L#&'1&%L$S*&*
4%'"#(1&5#0&1.1D1(#"&(#<*%(#.(1&*(L*)*L?#.(%'"*
B#%&+"%&'?&*/)1'(*&C$#L%)*&*&/1DJ1&*D#.*&')%C&')1<#&/#+"*"(*0#&"#0%&C#&51&*D#.#&*&;%'(#
B#L&51&%(#&')%C&')1<#X&!)&M$C?$#X&?')%5*.#&(1&D%S1&'1&"#P(%&?")$L*"*&[&(#5$#(*5*D
4%)1J#D#&^II^III&%(&'1&(1&4%D*81&0#%&"#0#)X&#.*&'1&/#"%&5#)J#&P1+Q1&%L&^Ia&)10#X&*&"%&?
)$.%&(1%9*P(%D&%9.*0?&FR/¯&')1"*&M$¯C?$¯X&/%)%D¯&9#(¯&!"4#(¯F&E?&.#"*('0%D&4$1)%L?X
D1>?"*DX&'"%5*& &
&s  GX&*.*&$1>1&#&9%J1&F#/¯&9#(¯&!"*4#(¯&#&/%)%D¯&')1"%C#
M$¯C%?$#&$#9¯F&[&4$1'"%(*<*&!?"51'<*&(#.#/*.#&'1&<$0)#&4%')1Q1(#&"%D&')1"*"1J?
`L&I^&)10#&4%P*81&(%)%&L%9#&V*'"%$*51&9#.0#('0*V&!.%)1(#&]1C%)1&(#59*"(*51
0#$#0"1$*'"*01&51'?&%)1&4%"4?(#&V$*'"*5#(*/#<*5#&*&'&8%D&?&)1/*&'")#$#81&'.%)1('01
4*'D1(%'"*&*&08*S1)(%'"*i&%9$#/%)#81&'#D%'"#.(*V&(#<*%(#.(*V&L$S#)#&5#P1C&L#V#i&*
D18#81&L%"#L#+81C&0?."?$(%C&?"*<#5#&-%".1&'?X&*/?/1)+*&"$#P01&*&D#Q1L%('01&!.%)1(1X
')*&L$?C*&9*.*&?&$%D#('0%5&'N1$*&0?."?$1X&#&%"#L#&'1X&?"*<#51D&(1&'#D%&4%.*"*P0*VX&(1C%&*
$1.*C*%/(%<*)*.*/#"%$'0*V&P*(*.#<#X&%9$Q?&4$1D#&d#$*C$#L?&*&K*/#("*5*&(1&'#D%&!$9*X
(1C%&P#0&*&51L#(&L1%&4#(%('0*V&!.%)1(#&*&L%9#$&L1%&:$)#"#&`)%&4%D1$#81&(*51&'1&D%C.%
%L$S#"*&/#&L?S1&)$1D1&(#&41$*N1$*'0*D&L1.%)*D#&;#.0#(#X&#.*&51&81C%)&?"*<#5&L%(1%
4%"$19(%&?0$+"#81&*&(%)1&0%D9*(#<*51&*&9*%&)$.%&4.%L#(&?&N%$D*$#8?&0?."?$(1&*
?D1"(*P01&%'%91(%'"*&"*V&%9.#'"*





_*"#)&I^&)10&*'4?81(X&51&L%9$*D&L1.%D&C?'#$'0*D&*'4#L*D#&T1$1"J#(#&*&8*V%)*V
V$)#"'0*V&'?'1L#&*&9%$9#D#&0%51&'?&)%>1(1&(#&O#L$#('0%D&=%$?&L#&'1&*'0%$1(*&8*V%)#&%4#0#
(#)*0#&R.*&"$#L*<*5#&L?C*V&)10%)#&(#'.1>#&(*51&L#.#&L#&'1&?(*+"*&"#0%&.#0%X&(*"*&'?&D?"(1
4$*.*01&4$)*V&)10%)#&9#.0#('01&V*'"%$*51&4%'.1&:$*'"#&9*.1&"#0)1X&L#&'1&4$%"*)&"%C&/.#
D%C.#&'")%$*"*&51L(#&"$#5(*5#&*&5#P#&9$#(#&*&N*/*P01&*&D%$#.(1&'(#C1&`"4%$X&?&C.#)(%DX&L#5?
=.1P#(*X&"$C%)#P0*&(#'.1L(*<*&'"#$1&*"#.'01&*D41$*51X&0%51&4*$#"1$*5#&(#5)*+1&*&4%C#>#
=1'1<#&#)C?'"#&@@6&L?SL1&31"#$&B#(L*5#(&4%)1%&51&4$%"*)&T1$1"J#(#&51L(?&10'41L*<*5?X&'#
L)#(#1'"&$#"(*V&.#>#&!&4%P1"0#&51&*&*D#%&(10%C&?'41V#X&#.*&0#L&'1&*'0$<#%&(#&0%4(%X&0%L
=#0#$'01X&%)*&C#&'0.14"#+1&'#&')1S*D&P1"#D#&*&@&'14"1D9$#&?(*+"*+1&C#&4%"4?(%&!#D
L?SL1&4%C*(?%&51&"%D&4$*.*0%D&*&%'"#%&?&(1$1"J#('0*D&$?0#D#i&*&"10&(1+"%&L%<(*51&L%9*%
51&0$*+%D&51L#(&%L&D.1"#P0*V&J?L*&81C%)%&"1.%&*&'#V$#(*%&C#&?&M$#L?&H#5&4%$#/&L1.%)#%&51
"1+0%&*&Y14?9.*0#&51&(#'0%$%X&"$#S1Q*&(%)%C&'#)1/(*0#&/#&9%$9?X&%9(%)*.#&6&D#5#&@@@&'#)1/
'&"#.*5#('0*D&0$#J1D&;1$1(C#$%D&4$%"*)&!.%)1(#&F(14$*5#"1J#&(#+*V&*&)#+*VF&-#&9*
%91/91L*.#&')%5?&"$C%)*(?&Y14?9.*0#&51X&*/C.1L#X&%)%D&4$*.*0%D&4$*'"#.#&*&(#&(14%'$1L(1
4$1C%)%$1&3%&4$*D1$?&$%D#('0*V&C$#L%)#&*/&3$*D%$5#&%(#&51&4$*'"#.#&L#&4.#Q#&C%L*+81
*/)1'(?&'?D?&(%)<#&:$)#"*D#&*&T1$1"J#(*D#X&L#&9*&%)*&8*V%)&4$%D1"&%'"#)*.*&(#&D*$?

3$10%&(1$1"J#('0%C&4%L$?P5#&91S#.*&'?&%9*P(%&*/&!$9*51&?&:$)#"'0?&*&%9$#"(%&'$4'0*
4$1"1(L1("*&*&).#L#$*&/#&)$1D1&')%5*V&L*(#'"*P0*V&4$1C%818#&U/&:$)#"'01&51&L%+#%&?
!$9*5?&31"#$&M%5(*0%)*Q&4%'.1&'D$"*&)1.*0%C&S?4#(#&=?"*D*$#X&#&?&:$)#"'0?&'?&91S#.#
"$*&'*(#&=?"*D*$%)#&4$1L&(#'*J1D&31"$%)*D&U/&:$)#"'01&*&-#.D#<*51&%(*&'?&%(L#
L%.#/*.*&?&)1/?&'#&d#$*C$#L%D&*&"$#S*.*&"#D%&4%"4%$1i&L%0&'?&L$?C*&9*.*&4%L$S#)#(*&%L
;?C#$#&*&)#'4*"#)#(*&(#&8*V%)?&L)%$?&H%&51X&?%4+"1X&)$1D1&9%$91&%&4$1).#'"&(#&;#.0#(?
*/D1>?&%$%(?.1X&#.*&5%+&?)10&)$.%&S*.#)1&*&)$.%&)1+"1&K*/#("*51&*&;?C#$'01X&0%5#&51&?&"%


 

 66
)$1D1X&/#&).#L1&;%$*'#=*V#*.#&*&(#$%P*"%&81C%)#&'*(#&!*D1%(#X&9*.#&(#&)$V?(<?&')%51
D%Q*&*&1(1$C*P(%&$#L*.#&L#&4%'"#(1&C%'4%L#$&d#$*C$#L#&*&U'"%P(%C&d#$'")#&!$9*&'?&?&"%5
9%$9*&9*.*&*/)1'"#(&P*(*.#<&*&4$*$%L(%&51X&L#&51&*&51L(#&*&L$?C#&'"$#(#&S1.1.#&L#&*V&*D#&?/#
'1&=1>?"*DX&!$9*&'#D*&(1&91V?&51L(%C&4$#)<#
31"#$&M%5(*0%)*QX&0%5*&51&).#L#%&!$9*D#&(1CL1&%L&@&C%L*(1&*&9*%&P%)10&5#P1&$?01X
4%(#+#%&'1&51L(%&)$1D1&L%'"#&4%)?P1(%&%L$S#)#5?Q*&L%9$1&)1/1&(#&%91&'"$#(1X&?&C.#)(%D&*/
S1J1&L#&(#54$1&?P)$'"*&')%5?&).#'"&?&/1DJ*&*&4%'.1&L#&'1&%5#P#&(#&$#P?(&')%5*V&/#V?D'0*V
'?'1L#&R.*&0#L&'*.#&9?C#$'0#&'#&!*D1%(%DX&?&4$)1&L)1&L1'1"*(1&:&)10#X&4%P1&L#&'?)*+1
"1+0%&4$*"*'0#&*&0#L&4%'"#L1&%4#'(%'"&4%&'?'1L1X&31"#$&?>1&?&"1+81&4$1C%)%$1&'#X
K*/#("*5%D&/#&1)1("?#.(*&'#)1/&4$%"*)&;?C#$#&-$#P0*&/#4%)1L(*0&b#)&Y#9L?V&L%+#%&51&6
C%L&?&(1$1")#('0*&0$#5X&0%5*&91+1&51L(*D&L1.%D&L%4#%&4%L&31"$%)?&).#'"X&L#&(#C%)#$#&!$91&?
#0<*5?&4$%"*)&!*D1%(#X&*&"%&?&/#51L(*<*&'#&=#>#$*D#&\#V?D'0*&S?4#(&=*V#*.%&K*+1)*QX
(#&P*5*&51&$#P?(&4$%+*$*%&31"#$&'$4'0?&L$S#)?&(#&/#4#L?X&(#+#%&'1X&4$*$%L(%X&?&4$%"*)(%D
"#9%$?&[&%'"#.%DX&5%+&*&$#(*51&%(&&9*%&?&)1/#D#&'&;?C#$*D#&B#L&51&&C%L&?V)#"*%&'*(#
D.1"#P0%C&L?SL#&*&L%<(*51C&L?SL#&31"$#&3#$"*<*5#0#&(#&4?"?&*/&d#$*C$#L#&?&=.1"01X&%(&C#
51&4%'.#%&!*D1%(?&`(&51&*&'#L&%LD#V&%9#)1'"*%&!*D1%(#&%&"*D&4$1C%)%$*D# &;?C#$*&'?X
D1>?"*DX&?'41.*X&L#&4$1&%/9*J(*51&'#)1/(*P01&#0<*51&'.%D1&C$P0?&)%5'0?&?&9*<*&0%L&RV1.%'#
E7&#)C?'"#&6G&U/#&"%C&'?&4%+.*&L#&0#/(1&31"$#&R.*&?L#$&4$%"*)&81C#X&0%5*&91+1&?V)#"*%
5#0#&0%$1(#&?&/1DJ*X&(*51&D%C#%&L#&'1&*/)1L1&%")%$1(%&91/&)1Q*V&"1+0%Q#&;?C#$*&'?&'&"%C#
?4%"$19*.*&4$1)#$?i&F%0?D*)+*&'1&'&8*D&*&?")$L*)+*&/#0.1")%DX&L#&D?&(1Q1&?P*(*"*&(*+"#
(#S#%F&E3%$N*$%C1(*"G&B#L&51&%(&4%)1$%)#%&/#0.1")*&*&L%+#%&*DX&%(*&C#&(#4#L%+1&*
')1/#(#&%L)1L%+1&?&;?C#$'0?&T#&4$1'"%&51&L%+#%&3#).1&;$#(%)*QX&?(?0&=?"*D*$%)X&#.*&0#%
9?C#$'0*&+"*Q1(*0&!$9*5#&%)%C#&)$1D1(#&4%"4?(%&51&/#)*'(#&%L&!*D1%(#&*&4$*/(#51&81C%)?
)$V%)(?&).#'"&B#0%&51&K*/#("*5#X&"1+0%&4$*"1+81(#&%L&;?C#$#X&?&(1)%J*&'"#.(%&"$#S*.#
'#)1/(*0#X&%(#&'1&(14$1'"#(%&(#L#.#&L#&C#&D%S1&L%9*"*&?&!$9*D#&*&?&L)#&"$*&D#V#&51&0?+#.#X
L#&4%D%Q?&$#/(*V&4$1"1(L1(#"#&$#'4.#D"*&"#D%&4%0$1"&)1Q*V&$#/D1$#&[&!$9*5*X&?'.1L&"%C#X
(#'"#5?&P1'"*&4$1)$#"*&*&D1"1S*&R.*&0#L&51&51L#(&%L&S?4#(#X&\#V#$*5#X&4%'"*C#%&*/)1'(1
?'41V1&?&9?("%)(%5&#0<*5*&4$%"*)&;?C#$#&*&P#0&4%$#/*%&51L(?&4%)1Q?&8*V%)?&)%5'0?X&!*D1%(
%L.?P*&L#&4%"4?(%&.*+*&!$9*5?&'.%9%L1&M%L& &4%'.#%&51&"#D%&)1Q?&*&5#P?&)%5'0?&*&"#&51
)*+1&4$1)#$%D&(1C%&5?(#+")%D&4%0%$*.#&/#&0$#"0%&P*"#)?&/1DJ?&`L&<1.1&!$9*51&%'"#.%&51X
D#&*&?&)#/#.'0%D&%L(%'?X'#D%&\#V?DJ1X&0%51&51&4%)$#"*%&=*V#*.%&K*+1)*Q&K$.%&51
)1$%)#"(%X&L#&51&%(&%)%D&4$*.*0%D&*&4$%+*$*%&')%51&4%L$?P51&*&(#&/#4#L?X&?&(1$1"J#('0?
%9.#'"X&*&D%SL#&(#&5?C%*'"%0?
T#&'4.*"'0%D&'#9%$?&0$#J#&H%D*'.#)#&E2&C%LGX&CL1&'?&*D#.#&L#&'1&'$1L1&*/)1'(#&<$0)1(#
4*"#8#&4$*D%$'0*V&%9.#'"*X&?P1'")%)#%&51&*&=*V#*.%&F 


&&†  FX&'#
')%5*D&'$4'0*D&)1.*0#+*D#X&0#%&/#*("1$1'%)#(&'?'1L&*&)1$%)#"(%&'?)1$(*0 &U4#0&?4#L#
?&%P*&"#&81C%)#&'#$#L8#&'&:$)#"*D#&B#0%&51&51L#(&L1%&!$9#&*&'#D&\#V#$*5#&4$*91C#%&0$#J?
H%D*'.#)?X&"%&51&<#$&!*D1%(&9*%&)1%D#&0*)#(&(#&:$)#"1&*&)1/1&81C%)*V&J?L*&'&8*D#&(*'?
D?&D%C.1&9*"*&4$*5#"(1&`(&51&P#0X&4%'.1&'.%D#&!$9*51X&?4?"*%&?&:$)#"'0?&*&51L(?&)%5'0?X
4%L&)%>%D&R.%C%9%"?$%DX&L#&C%(*&91C?(<1&*&0#/(*&:$)#"1X&#.*&51&"#&)%5'0#&4$1"$41.#&"1S#0
4%$#/&T%)1&9%$91&*/%'"#.1&'?&4%(#5)*+1&'&"%C#X&+"%&51&(#C.#&'D$"&!*D1%(%)#X&6&D#5#&6X
%D1.#&')#&L#J#&4$*4$1D#8#&=*V#*.%&K*+1)*Q&/#?/1%&51&7&5?.#&,&"#.*5#('0*&C$#L
!*4%("X&0%5*&51&(%D*(#.(%&9*%&)*/#("*'0*&`P1)*L(%&51X&4$1D#&"%D1X&L#&'1&(#.#/*%&(#
4$%"*)(*P0%5&'"$#(*&*&4%'.1&(1?'41V#&!*D1%(%)#&4$%"*)&:$)#"#&!&"%C#&51&81C%)&4%.%S#5
D%$#%&9*"*&)$.%&L1.*0#"#(&!*D1%(?&(*51&D%C.%&9*"*&4$#)%&L#&%(&D#&?&0%D&%9.*0?&'#$#>?51
'#&:$)#"*D#X&#&H%D*'.#)?&51&D%$#%&9*"*&'?D8*)&0#%&!*D1%(%)&4$*5#"1J
!D$"&!*D1%(%)#&L%(1.#&51&%'.%9%>181&!$9*D#&]1C%)&'*(&31"#$X&)*+1&D%(#+0#&(1C%
).#L#$'0#&4$*$%L#X&E6,GX&9*%&51&'*"X&'#&(#$%L%D&/#51L(%X&)1P*"%C&0$)#$18#&*&$#'*4#8#
(#$%L(1&'(#C1&*&S1.1%&51&D*$(*5*&S*)%"&*&*'0%$*+Q#)#81&%(%CX&+"%&51&L%(1.#&"#0%&L%9$#
'$1Q#&R.*X&0#0%&51&P*"#)&51L#(&(#$#+"#5&;?C#$#&')%5&D?+0*&)10&4$%)1%&?&9%$9*&*&%L&$#"#
(#4$#)*%&/#(#"X&"#0)%&<#$1)%&L$S#81&*/#/)#&?(?"$#+81&"$)181&U/9*+1&*&?'"#(<*


 

 6@
(1/#L%)%J(*V&1.1D1(#"#&[(?"$#+81&(1)%J1&;?C#$'01&*'0%$*'"*+1&%LD#V&')*&81(*&'?'1L*X
#&(#$%P*"%&!$9*X&0%5*&91V?&4#.*&4%L&8*V%)?&).#'"&_#'.#)&B.%(*D*$%)*QX&'$4'0*&4$*(<
P*5#&51&D#50#&9*.#&;?C#$0#&*&0%5*&51&)#'4*"#)#(&(#&9?C#$'0%D&L)%$?X&%'1"*)+*&?(?"$#+81
0$*/1&D.#L1&<#$1)*(1X&(#>1&L#&51&L%+#%&4$#)*&P#'&L#&%'.%9%L*&')%5?&%"#Z9*(?&!#
P1")%$*<%D&L$?C%)#&%(&A&C%L&4%91S1&*/&3$1'.#)#&?&%4?'"%+1(?&!$9*5?&3%D%Q&/#&')%5
4%0$1"&_#'.#)&%LD#V&(#>1&0%L&K*/#("*51X&0%5%5&51&'.#9J181&;?C#$'01&9*.#&4$)#&S1J#&*
4%"$19#&;1C?(<*&*/&:$)#"'01X&;?C#$'01&*&'?'1L(*V&/1D#J#&4%P1+1&'1&)$#Q#"*&(#&')%5#&'"#$#
%C8*+"#&*&(#'0%$%&!$9*5#&4%L&_#'.#)%D&(#(%)%&%S*)1&*&L%D#.%&P#0&*&4$%<)1"#&;?C#$'0#&51
?&"%D&(*51&)*+1&D%C.#&%D1"#"*X&/#?/1"#&L%D#Q*D&/.%D
M$#(*<1&_#'.#)J1)1&L$S#)1&*D#5?&)$.%&+*$%0&%9*D&3%D#C#(&%L&K*/#("*51X&#&/#L?C%
(1'D1"#(&%L&'?'1L#X&_#'.#)&51&?'41%&L#&')%5?&).#'"&%5#P#&L%&0%L&!$9#&L%".1&(1)*>1(1&D1$1&`(
51&5%+&9*%&S*)X&0#L&51&)*/#("*'0*&<#$X&B%('"#("*(&3%$N*$%C1(*"X&4*'#%&')%5&L$#C%<1(*&'4*'
`&#  &*&%91.1S#)#%&?&81D?&'$4'01&C$#(*<1&%0%&'$1L*(1&:&)10#&!$9*5#&51&"#L#
%9?V)#"#.#&;%'(?&L%&3.*)1X&d1"*(1&*&b*51)(#&(#&/#4#L?i&(#&*'"%0?&51&C$#(*<#&L%4*$#.#&L%
Y#'#i&(#&'1)1$?&*+.#&51&L%&Y?L(*0#&*&H?/.1&*&D%SL#&L%&'#D1&!#)1&T#&5?C?&H$#)?(*5#&*
B%(#)J1&4$*/(#)#V?&81C%)?&)$V%)(?&).#'"X&#&)1$%)#"(%&51&9*.%&)1/#&*&'#&'$4'0*D&4.1D1(*D#
?&-?0J*&B#%&'(&?&?S1D&'D*'.?&3%$N*$%C1(*"&%91.1S#)#&'1)1$%*'"%P(?&;%'(?&'#
!%.*D#&*&0$#5&%L&*/)%$#&b*D#&Y#'#&4#&L%&Y?L(*0#&_#'.#)%)#&L$S#)#&9*.#&51X&4$1D#&"%DX
(#'"#)#0&K.#'"*D*$%)1i&%9$#/%)#(#&?&C.#)(%D&(#&*'"%D&4%L$?P5?X&'#D%&'#&(1+"%
4$%+*$1(*D&C$#(*<#D#&3$)*&4?"&'1&"#L#&/#&%)?&P*"#)?&L$S#)(?&")%$1)*(?&?4%"$19J#)#
'0?4(%&*D1&!$9*5#X&ª&Œž¡¹Ž§&!$4'0%&*D1&%L&"#L#&4%'"#51&"$#5(#&%/(#0#&/#&4.1D1(#&*'"%C
4%$10.#&*&*'"*V&%'%9*(#&[&!$91&<#$*C$#L'0*&*D41$#"%$&4%*D1(*P(%&)$'"#&;%'#(<1X
Y#+#(1X&H$19*8<1X&B%(#)J#(1X&-?0J#(1X&\#V?D<1&*&T1$1"J#(1X&4.1D1(#X&0%5#&'?&*(#P1
L%9*.#&"1&')%51&4%'19(1&(#/*)1&'#D%&4%&C1%C$#N'0*D&%9.#'"*D#X&?&0%5*D#&'?&'"#(%)#.#&K#(
/#51L(*<1&'#&_#'.#)J1)%D&L$S#)%D&%'"#51&51L*(%&=*V#*.%&K*+1)*QX&#.*&3%$N*$%C1(*"
*4#0&*&81C%)&0$#5&$#P?(#&0#%&1"(*P0*&'$4'0*X&F`L&$101&d1"*(1FX&)1.*&%(&5#'(%X&F4%P*81
/1DJ#&:$)#"'01Fi&F0%L&d1"*(1&*&:.1)(#&C$#(*P*&E:$)#"'0#G&'#&/1DJ%D&!$9*51F&=*V#*.#
K*+1)*Q#X&'#)$1D1(*0#&<#$1)#X&5%+&S*)#&%0%&27&C%L*(1X&4%D*8?&?&"%D&L1.?&0#%
)*/#("*'0%C&#("*4#"#&*&4#"$*<*5#&H%&9*&/(#P*.%X&L#&51&=*V#*.%X&*/#&!*D1%(%)1&'D$"*X
4$1+#%&(#&'"$#(?&K*/#("*51X&D%SL#&4%'$1L'")%D&0$#J#&H%D*'.#)#X&L%9*%&)*/#("*'01&"*"?.1
*&/#+"*"?&*&0#%&"#0#)&?'41%&L#&'1&%L$S*&9$#(1Q*&')%51&?S1&4%$%L*P(%&4%L$?P51&U(#P1X&91/
81C#X&4%L&_#'.#)%D&'1&(14$14%$(%&)$+*&'$4'0%&4.1D1('0%&C$?4*'#81i&4$)%&(1'?D8*)%
/#')1L%P1(%&?&(#+%5&V*'"%$*5*&L%&"%C#&P#'#
_#'.#)&51X&*/C.1L#X&4$%+*$*%&')%51&C$#(*<1&(#&/#4#L?&*&(#&$#P?(&:$)#"'01&O#0#&:$)#"'0#
H%D*'.#)%)#&)$1D1(#&(*51&9*.#&/#&81C%)*V&(#'.1L(*0#&(#&%(%5&)*'*(*X&(#&0%5?&51&%(&9*%
4%L*C#%&3%$N*$%C1(*"&*/$*P(%&0#S1X&L#&51&"#&D%Q&"$#5#.#&L%&)$1D1(#&0$#J#&B$1+*D*$#X
0%5*&51&L%+#%&(#&).#L?&*/#&H$4*D*$#&IIX&#&S*)1%&L%&?&)$1D1&%0%& 2&C%L&R&"#L#&*&?&:$)#"'0%5
4%P*8?&"1+01&?(?"$#+81&9%$91&B$1+*D*$%)#&'*(#&=*$%'.#)#X&%0%& &C%LX&?9*5#&9#(
3$*9*(#&*&"%&?9*'")%X&4$*$%L(%X&*/#/*)#&D1"1S1&*&'.#9J181&L$S#)(1&'(#C1&!$1L*(%D&:
)10#&*&0%4(1(#&*&4%D%$'0#&'(#C#&:$)#"#&91+1&%'1"(%&4#.#&4$1D#&'(#/*&H%D*'.#)J1)#
)$1D1(#&*&9*.#&51&)*+1&(1C%&4$14%.%)J1(#&;$%5&'#C1(#&D1'"%&@7&*/(%'*%&51&'#D%&A7X&#&4$1D#
"%D1&*&')1&%'"#.%
T1$1"J#(*&'?X&D1>?"*DX&(#'"#)J#.*&')%5?&C?'#$'0?&V#50?&4%&O#L$#(?&T#$%P*"%&'?&9*.*&(#
'D1"8*&D.1"#P0%5&"$C%)*(*X&0%5#&'1&')1&)*+1&C$#(#.#&*&$#/)*5#.#&Y#L*&"%C#&0$1(?&D.1"#P0*X
L?SL&31"#$&B#(L*5#(&III& @&C%L&4$%"*)&T1$1"J#(#&AA&.#>1X&/)#(1&FC?D9#$*51FX&#.*
10'41L*<*5#&(1&4%'"*S1&(*0#0)#&?'41V#&[&=.1<*D#&'1&(#&"%&%L.?P*+1&(#&5%+&51L#(&4%V%LX
#.*&(*&"#5&(*51&L%(1%&4%91L?&!0.%4J1(#&51&*4#0&(10#&4%C%L9#X&P*5*&(#D&?'.%)*&(*'?
4%/(#"*&T1$1"J#(*&'?&'1&?/&"%X&*'"%&0#%&*&_#'.#)X&0%$*'"*.*&V$)#"'0*D&(14$*.*0#D#&[
'$1L*(*&:&)10#&%(*&*D#5?&4%$1L&')%5*V&%"%0#&=J1"#X&B%$P?.1X&;$#P#&*&:)#$#&5%+&*&"$*
$#(*51&V$)#"'0#&B#/?X&K*'&*&b#'"%)%


 

 6
O1L#(&#$#4'0*&4*'#<X&0%5*&51&?4%"$19J#)#%&'#)$1D1(1&*/)%$1X&4*+1&/#&%)%&)$1D1&%&!.%)1(*D#
;#.0#('0%C&3%.?%'"$)#X&L#&'?&8*V%)#&4.1D1(#X&!$9*&*&:$)#"*X&(#5V$#9$*5#&*&L#&'"#(%)(*<*
%(*V&0$#51)#&/#/*$?&%L&8*V&*&"$#S1&8*V%)?&/#+"*"?&-#&(*51&8*V%)1&4.1D1('01
$#'<140#(%'"*&*&'?$1)8*)%'"*X&0#0%&'?&'D1.*&*&%L)#S(*X&F(1&9*&'1&'&8*D#&D%C#%&D1$*"*&4%
'*.*&(*51L#(&(#$%L&(#&')1"?F&`(*&'"#(?5?&?&"1+0%&4$*'"?4#P(*D&C%$#D#X&9#)1&'1
/1DJ%$#L8%D&*&"$C%)*(%D&*&8*V%)*&"%)#$*&*L?&0%4(%D&*&)%L%D&')1&L%&Y?'*51&*
d#$*C$#L#
[&"%&)$1D1&4%'"#5?&/#&')1&O?S(1&!.%)1(1&=#>#$*&)1.*0#&(1)%J#&`(*&'?&'1&@2@,&C%L
'4?'"*.*&?&)1.*0?&L?(#)'0?&0%".*(?&*&%L#".1X&0#%&%N#(/*)(#&#/*5#"'0#&V%$L#X&(#&9$/*D
0%8*D#X&4$%)#J*)#.*&?&'?'1L(1&/1DJ1X&4#&*V&4.1(*.*&*&4?'"%+*.*&`L&8*V&'"$#L#5?&*
:$)#"*&*&!.%)1(<*&*&!$9*&*&;?C#$*&3%'.1L81&C%L*(1&B%('"#("*(#&3%$N*$%C1(*"#X&2X
%(*&4$%L*$?&'?9.*/?&L%&'#D1&)*/#("*'01&4$1'"%(*<1&[&"*D&P1'"*D&(#4#L*D#&(*51&9*.#
4%+"1>1(#&(*&;%'(#&[&-?0J#('0%5&:$%(*<*&4%'"%5*&4%L?S#&4$*P#&%&"%DX&0#0%&51&_#'.#)
L%+#%&?&'?0%9&'&=#>#$*D#&*&4%C*(?%&%L&8*V&=#>#$'0*&)%>#&B*+&?4#%&51&'#&')%5%D
)%5'0%D&*&?&;%'(?&*&4%&%9*P#5?&%4?'"%+*%&51&_#'.#)&4%S?$*&'#&')%5*D&P1"#D#X&L#&*V
4%"*'(1&B%L&-$*(1X&%0%&d)*.*(#X&0%L&['"*0%.*(1X&%(&'"*S1&=#>#$1&*&4%"?P1&*V&L%&(%C1
!#D&B*+&4%C*91&?&"%D&9%5?&]1C%)#&?L%)*<#&4%>1&D#>#$'0%D&).#L#$?&'&D%.9%DX&L#&5%5&L#
(%)?&)%5'0?&?&4%D%Q&L#&%')1"*&D?S#&!#&F(19$%51(%D&)%5'0%DFX&0#S1&"#&4$*P#X&4%+.#&51&%(#
4$%"*)&_#'.#)#&\#"10.#&C#&51&?&!$1D?X&')#0#0%&(#&L1'(%5&%9#.*&!#)1X&'*C?$(%&?&4$%C%(?
$#/9*51(*V&=#>#$#&3%&(%Q*X&*/(1(#L#X&(#4#.#&51&81(#&)%5'0#&(#&!$91X&4%"?0.#&*VX&4#
?V)#"*.#&*&'#D%C&_#'.#)#&*&')?&81C%)?&D?+0?&$%L9*(?&K1/#)+*&*D&(%C1&*&$?01X&4%&(#$1L9*
B*+%)1&?L%)*<1X&4%9#<#.*&'?&*V&=#>#$*&')1&?&)%L?&H#0%&51&/#)$+*%&_#'.#)&*&81C%)#
).#L#)*(#&(1CL1&%0%&,7&C%L*(#&!&8*D&51&4#.#&*&81C%)#&L$S#)(#&")%$1)*(#&-$S#)#&D?&'1X
%91/C.#)J1(#&*&'D?Q1(#X&$#/9*.#&?&)*+1&51L*(*<#&*&%'"#.#&"#0%&$#'<140#(#&L?S1&)$1D1(#
Y#+0#&'1&%L)%5*.#&%L&;%'(1X&#&/#&"$19*8'0?&%9.#'"&'1&4$*P#X&L#&51&%9$#/%)#.#&4%'19(?
L$S#)?&[&9%$9*&4$%"*)&=#>#$#X&4$*P#&-?0J#('0#&:$%(*0#X&*'"#0#%&'1&(#$%P*"%&51L#(
D.#L*QX&H*V%D*.X&'*(&51L(%C&4%4#&*/&'1.#&Y#9*Q#&EF& &v  FGX&0%5*&51&$#(*51&9*%
4#'"*$&0%L&(10%C&C.#)#$#&;?L*'.#)#&*&0%5*&51&4%91C#%&%L&81C#&_#'.#)?X&+"%&D?&51&(1V%"*<1
?9*%&51L(?&01$?+?&`(&51&?&9%5?&%"'10#%&C.#)?&B*+%)?&*&_#'.#)&D?&51&/#"%&L#%&L$*('0?
9#(%)*(?&-%9*%&51&P#0&*&0Q1$&$#+0%C&9#(#&/#&S1(?&H#5&H*V%D*.&51X&4%&'D$"*&"#'"%)%5X
4%'"#%&)1.*0*&S?4#(&?&Y#+0%5X&F(1&?'?L*)+*&'1&L#&'1&(#/%)1&(*&0$#J1D&(*&9#(%DF
H$19*8'0?&L$S#)?&%9(%)*%&51X&4%&*'"%D&.1C1(L#$(%D&*/)%$?X&?(?0&0$#J#&Y#L%'.#)#X&#
'*(%)#<&_#'.#)%)X&3#).*D*$X&0%5*&'1&$%L*%&?&Y*D?X&/#&)$1D1&Y#L%'.#)J1)#&*/C(#('")#&*/
/1DJ1&\#&"%C&3#).*D*$#&.1C1(L#&)1S1&%'(*)#81&-?9$%)(*0#X&V%"1Q*&L#&'1&(#&(10*&(#P*(
4$1"'"#)1&9.*S1&)1/1&Y%D#(#&'#&!.%)1(*D#&H#5&3#).*D*$&L%9*%&51&(#/*)&;1.%X&+"%&51
"%9%S1&9*%&L%9#$&$#"(*0&E  &&   &&l G&[&'")#$*X&"%&*D1&4%"'1Q#&(#&(#4$1L
4%D*8#(%C&"$19*8'0%C&).#L#$#&;1.?X&0%C#&4%D*81&*&3%$N*$%C1(*"&`L510&"$#L*<*51&%&;1.*
3#).*D*$?X&F;*51.%D&3#).?FX&(*51&"1+0%&(#Q*&?&*D1(?&4.1D1(#&;51.%4#).*Q#X&D#&L#&'1&%(#
0#'(*51&)1%D#&4%D?"*.#&3#).*D*$#&51&?&H$19*8?&4$*D*%&*&4$*/(#%&<1%&(#$%L&'1D
H*V%D*.%)#&(#'.1L(*0#&*/&Y#+01X&S?4#(#&h?"%D*$#&B#L&51&3#).*D*$&0$1(?%&(#&Y#+0?
h?"%D*$&51&*/C?9*%&9*"0?&(1CL1&(#&b*D?X&#&4%C*(?%&51&(#&51L(%D&4$1.#/?&4$10%&U9$#
3#).*D*$&51&4%"%D&4$%+*$*%&')%5?&).#'"&*&(#&"?&%9.#'"&T#'"#)*%&51&9%$91&*&'#&!$1D<*D#&*
=#>#$*D#&*&0#%&/(#0&81C%)1&4%91L1&%'"#.%&51&*D1&;1J*(1&!&=#>#$*D#&51X&)1.*&'1X&'0.%4*%
D*$&'#D%&4%L&?'.%)%DX&L#&(1&'D15?&)*+1&4$1.#/*"*&!#)?&(#&<1.%D&81(%D&"%0?&[D$%&51&4%'.1
?&"$19*8'0%5&%9.#'"*&*&'#V$#81(&?&<$0)*&')&=*V#*.#&?&H$19*8?
[&%'0?L*<*&4%?/L#(*V&*/)%$#&L#(#'&51&)$.%&"1+0%&?")$L*"*&0%.*0%&?&<1.%D&%)%D&4$*P#8?
*D#&*'"*('0*V&P*81(*<#&*&+"#&51&L#.%&%'(%)#&*/C$#>*)#8?&.1C1(L1&*&%)1X&0%5?&'D%
*/.%S*.*X&*&%(1&%&L#J%5&'?L9*(*&"$19*8'01&L$S#)1&U/#&3#).*D*$#&%'"#%&51&D#.%.1"(*&'*(
H1+*D*$&`L&81C#&'1&%LD1"(?+1&')*&0$#51)*&'1D&"$19*8'01&%9.#'"*X&0%5#&%'"#L1&)1$(#
81C%)%5&0?Q*&0#%&')%5%5&B#L&51&%L$#'"#%&%S1(*%&'1&0Q1$5?&9#(#&;1.1&:$)#"'01&*&L%9*%&51&%L
81&L)#&'*(#X&3$1L*D*$#&*&B$1+*D*$#&B$1+*D*$&51X&'&4%D%Q?&:$)#"#X&(#4#%&(#&;%'(?


 

 @7
=*'.*&'1X&L#&51&%)L1&?&:$%(*<*&4%D?Q1(%&'"#$%&4$1L#81&*&L#&'1&%)%&D%S1&%L(%'*"*&(#
V$)#"'0%C&0$#J#&B$1+*D*$#&II&E%0%&,GX&0%5*&L#&51&(#4#L#%&(#&;%'(?&*&4.1(*%&'?'1L(1
S?4#(*51&['0%4J1X&b?0?&*&3.*)?&;%'#('0*&91/*D1(*&).#L#$X&0%5*&*D#&(#'.%)&(.&)*L1Q*X
L#&D?&(1&D%S1&%L%.1"*X&4%91S1&=#>#$*D#&B$1+*D*$&(#&"%&?>1&?&;%'(?X&/#?/1&51&EF &
l
FG&*&).#L#+1&8%D1&51L(%&)$1D1&:$%(*0#&*/$*P(%&)1.*X&L#&51&%(&4%'.1&).#L#%&*&?
:$)#"'0%5
U/#&"%C#&?P1'"#+1&(#4#L*&'#&$#/(*V&'"$#(#&*&(#'"#&9$/%&D18#81&C%'4%L#$#&?&;%'(*&M%L&6
'0$+*%&51&)*/#("*'0*&<#$&O%)#(&d*D*'0&9?C#$'0?&L$S#)?&4%"4?(%&*&<#$'0?&0$?(?
!*D1%(%)?&0#%&')%5&4%91L(*&"$%N15&4$*(1%&51&0#%&L#$&;%C?&?&4$1'"%(%5&<$0)*&')&!%N*51&H%D
4$*.*0%D&K*/#("*(<*&'?X&*/C.1L#X&%')%5*.*&*&Y#+0?X&P*5*&51&S?4#(&4%91C#%&?&'.%9%L(?
%9.#'"&0(1/#&3$1L*D*$#&3%&-?0J#(*(?X&"#&51&%9.#'"&%9?V)#"#.#&5?S(1&'$4'01&/1DJ1&\1"?X
H$#)?(*5?X&\#V?DJ1&*&3%LC%$51&'&`(%C%+"1D&*&=%$#P%DX&*&/)#.#&'1&4%&"#&P1"*$*&0$#5#
F"1"$#$V*5#F&\#&)$1D1&D1"1S#&?&K*/#("*5*&4%'.1&'D$"*&<#$#&d*D*'0#&E6,G&Y#+#(*&'?&'1X
"%9%S1&4%D%Q?&3$1L*D*$%)%DX&%'.%9%L*.*&%L&M$0#i&#&(#&5?C?X&?&=#Q1L%(*5*X&%9$#/%)#.#&'1
51L(#&D%Q(#&'.%)1('0#&L$S#)#&]%5&(#&P1.?&91V?&P1"*$*&'*(#&51L(%C&D#.%C&D#Q1L%('0%CX
9$'5#P0%C&0(1/#X&#&4%'.1&'#D%&51L#(&%L&8*VX&P?)1(*&<#$&!#D?*.%&O#0&).#L#.#<X&%C$%D(1
#0"*)(%'"*&*&)1%D#&)1+"X&%(&51&*'0%$*'"*%&"1+0%&'"#81&K*/#("*'01&d#$1)*(1&*&?&$%0?&%L
L1'1"&C%L*(#X&6,@,X&%')%5*%&C%"%)%&4%.#&;#.0#(#&3%+"%&51&%'.%9%L*%&=#Q1L%(*5?&*
;?C#$'0?X&%(&'1&%L&@,&C%L&L#%&(#&%')#5#81&/#4#L(*V&4%0$#5*(#&[&"%&)$1D1&%(&51&%"1%&%L
=#>#$#&!$1D&*&81C%)#&14*'0%4#&4%L)$C#%&4%L&).#'"&')%C&%V$*L'0%C&4#"$*#$V#
T#5)1$%)#"(*51&51X&L#&51&?&"%&L%9#&4%0%$*%&*&\1"?&*&Y#+0?&*&;%'(?&3#.1Q*&*&4?'"%+1Q*
4$1+#%&51&')?&-#.D#<*5?&%L&B%"%$#&L%&\#L$#X&#&)$#"*%&'1&?&=#Q1L%(*5?4$10%&;%'(1&*&Y#+01
\1"'0%C&).#L#$#&K.#L*D*$#X&0%C#&51&(#54$1&%0%)#%&*&/#")%$*%&?&3$1'4*X&!#D?*.%&51&4%'.1
(#4$#)*%&/1"%D&*&)$#"*%&D?&81C%)?&/1DJ?&?&\1"*X&#&81C%)%D&'"$*<?&-$#C%D*$?&4%)$#"*%&51
"$19*8'0?&%9.#'"&T*&;%'(#&(*51&%'"#.#&L?S1&?&81C%)%5&).#'"*&'?L1Q*&4%&"%DX&+"%&'1
(*CL1&(1&4%D*81&(10%&81C%)%&L1.%&?&8%5X&#&(#$%P*"%&4%&"%DX&+"%&?&8%5&(*51&?'4%'"#)J1(#
"$#5(*5#&<$0)1(#&)1/#&'#&%V$*L'0%D&4#"$*#$+*5%D&3%'.1&4%$#/#&*&'D$"*&!#D?*.%)1&E7 
C%LG&D#Q1L%('0#&51&L$S#)#&9$/%&4$%4#.#&]1C%)#&'*(#&Y#L%D*$#&*&/1"#&K.#L*D*$#&'D#0#%&51
!#D?*.%)&'*(%)#<X&K.#L*'.#)X&$#P?(#5?Q*&L#&Q1X&%91/91L*)+*&4$1'"%&'19*X&%91/91L*"*
?51L(%&*&L$S#)?&=1>?"*DX&)*/#("*'0%D&<#$?&K#'*.*5?&F;?C#$%?9*<*F&L%9$%&'?&L%+.1&"1
?(?"$#+81&9%$91X&L#&L%0$#5P*&).#'"&51L(1&9?("%)(1&L$S#)1&*&L#&)$+*&?L#$#<&0%5*&51&(#(1%
!#D?*.?&M%L&7@&%(&51&L1N*(*"*)(%&4%0%$*%&=#Q1L%(*5?&*&)#'4%'"#)*%&)*/#("*'0?
)$V%)(?&).#'"&(#&;#.0#(?X&4%'"#)+*&C%'4%L#$&*&Y#+01&*&;%'(1
T#&3$*D%$5?&T1$1"J#(*&'?&/#&"%&)$1D1&?&L$?+")?&'&:$)#"*D#&(#'"#)J#.*&')%5&4%/(#"*
/#(#"&3%'"#.*&'?&P#0&*&L$'0*5*X&51$&'?&/#&)$1D1&C$#>#('0%C&$#"#&?&:$)#"'0%5X&?&L%9#&0$#J#
!)1"%'.#)#X&%'1"*.*&L#&*D#5?&)1.*0&/(#P#5&*&L#&*V&*&51L(#&*&L$?C#&'"$#(#&S1.1&4$*L%9*"*
\#L$#(*D#&'?&?V)#"*.*&(#&51L(%5&.#>*&*&%L)1.*& 7&C$#>#(#&(1'?D8*)%&'&<*J1DX&L#&*V
?<18?5?&/#&%"0?4&=.1P#(*&'?&(#&"%&%L.?P*.*&L#&C$#>#('0*&$#"&?&:$)#"'0%5&*&(1/#L%)%J'")%
\#L$#(#&*&L$?C*V&C$#>#(#&*&"$C%)#<#&'&3$*D%$5#&4$%"*)&:$)#"#&*&T1$1"J#(#&*'0%$*'"1&L%
0$#5#&!*(&L?SL#&31"$#&`$'1%.#&L%9*&?&d#$*C$#L?&$?0?&<#$'01&0Q1$*&*&4$*'"#(#0&L#
=.1P#(*&4%'1L(?&L#.D#"*('01&<#$'01&C$#L%)1&`)*&'?&L%*'"#&9*.*&L?9%0%&(1/#L%)%J(*&*
'#D*&'?&"$#S*.*&D.1"#P0?&/#+"*"?&!4$1D*)+*&')1X&0$1(?&L?SL1&31"#$&II&`$'1%.%&,&D#5#
777&C%L&)1.*0?&10'41L*<*5?&4$%"*)&:$)#"#&*&T1$1"J#(#&H#5&81C%)&4%V%L&4$1")%$*%&'1&?
(10?&)$'"?&"$*?DN#&3%&3$*D%$5?X&(#&D(%C*D&D1'"*D#X&'$1"#.%&C#&51&')1+"1('")%&'&(#$%L%D
*&'&9.#C%'.%)%D&?)%L*.%&?&')%51&C$#L%)1&M.#)(*&4$*D1$&L#%&51&?)$1>1(*&\#L#$&H%&4$14#L1
:$)#"1&*&%(*&4%'"#L%+1&)$.%&9$/%&'0.%(*&L#&4%(?L1&D*$X&#.*&L?SL1X&')1'"#(&'(#C1X&(1&V"1L1
(*&L#&P?51&B#%&4$)#&S$")#&4#L1&51L(#&C$?4#&(1$1"J#('0*V&"$C%)#<#X&F4.1D*Q#FX& 7&(#&9$%5X
0%5*&'?&'1&*/&R4?.*51&)$#Q#.*&0?Q*&B%L&%"%0#&B#P1&%(*&91V?&(#4#L(?"*&*&4%'.1&D#.1&9%$91
'#).#L#(*&%L&)1Q1C&9$%5#&D.1"#P0*V&.#>#&:$)#"'0*&C$#L%)*&4%4?'"*+1&$1L%DX&J?L*&'1
4$1L#)#V?&91/&9%$91X&#&?&'#D%5&L*(#'"*5*&4%P1+1&?/#5#D(#&%4"?S*)#8#&!#D&9$#"&0$#J#
!)1"%'.#)#X&B$1+*D*$&!?$%8#X&4%/L$#)*&=.1P#(1&*&4$1L#L1&*D&'1&H%&(#C(#&*&T1$1"J#(1X


 

 @
L#&4%+#J?&L?SL?&4%'.#(*01&?&!4.*"&(?L1Q*&D*$&`(*&'?&D%.*.*X&L#&'1&4?'"1&%(*&8*V%)*
"$C%)<*X&#&'#D*&'?&'#&')%51&'"$#(1&%91Q#)#.*X&L#&Q1&L%Q*&L?SL?&.*P(%&8*V%)&0(1/&'#&')%5*D
C.#)(*D&J?L*D#&*&L#"*&')1P#(%&%91Q#81X&L#&(1Q1&L#J1&(#4#'")%)#"*&D.1"#P01&4?"(*01&*&L#
'1&%L$*P?&L%"#L#+8*V&4$*D#8#&*/&=.1"#0#X&0%5#&'?&*D&9*.#&L#)#(#&L#&(1&)$+1&4*$#"1$*5#
-?SL&4$*'"#L1&(#&"%&*&4?'"*&/#$%9J1(*01&/#L$S#)+*&'#D%&+1'"%$*<?&0#%&/#.%C?&/#
*'4$#)(%'"&%9#)1/1&O1L*(%&(#&L)#&(1$1"J#('0#&D1'"#&L#"&51&%"4%$&=.1P#(*D#X&*&"%&(#
%'"$)*D#&b#'"%)?&*&B%$P?.*&B%$P?.#(*&'?&'#).#L#(*&9$/%X&L%0&51&9%$9#&(#&b#'"%)?&9*.#
)$.%&J?"#&`)#5&/#&C?'#$1&4%C%L(*&%"%0X&'#&')%5*D&D(%C*D&L$#C#D#&*&0.#(<*D#X&9*%&51
(#$%P*"%&(#&/.?&C.#'?&=.1P#(*&'?&'#L&"$#S*.*&%L&%"%P#(#X&L#&$#/$?+1&')%5&")$L*&C$#L&L%
"1D1J#&*&L#&C#&'#')*D&(#4?'"1&B#L&'?&%(*&"%&%L9*.*&L%+.%&51&L%&0$)*&T#LD%Q(*5*X
=.1P#(*&'?&4%'.1&"1+0*V&(#4%$#&'#).#L#.*&%'"$)J#(1X&4%+"%&'?&*V&.*+*.*&4*5#Q1&)%L1
3%0%$1(1&b#'"%)<1&L?SL1&*4#0&4%+"1L*X&#.*&*D&C$#L&L#L1&4%"4?(%&%4?'"%+*"*&`)*D
4%$#/*D#&?"1$#(&51&)1.*0&'"$#V&*&T1$1"J#(*D#&*&:$)#"*D#&*&/#L#(&51&"1S#0&?L#$#<&8*V%)%D
4%.1"?&`L&%)%C&)$1D1(#&=.1<*&*D#5?&'"#.(?&4$1D%Q&*&0#%&5#0#&4%D%$'0#&'*.#&(1
L%/)%J#)#5?&)*+1&L#&8*V%)*&*("1$1'*&L%.#/1&?&4*"#81&]*V%)%&C%'4%L'")%&(#&O#L$#('0%D
=%$?&9*.%&51&%91/91>1(%&/#&)*+1&)10%)#
3%'.1&4#L#&D#Q1L%('01&L$S#)1&4%0?+#%&51&"$19*8'0*&S?4#(&-$#C%D*$X&L#&/#?/D1&\1"?&0#%
(#'.1>1&')%C&$%>#0#&K.#L*D*$#&R.*&0#L&51&L%+#%&?&0%"%$'0*&/#.*)&B%"%$#(*&C#&(#D#D1&(#
51L#(&')1P#(*&$?P#0&(#&%'"$)%&!)&M#)$*.#X&L#(#+81&!"$#L*5#"*X&*&"?&C#&4%&$?P0?&V"1L%+1
?9*"*X&L#&*'"$191&P*"#)?&8*D#&(14%Q?L(?&L*(#'"*5?&EF & 
X&
& & 

 

X&È & 
&&‚  
&
&‚ FG&B#L&"%&4$*D1"*&-$#C%D*$&*'?0#&D#P&*&4$%9*&'19*&4?"
L%&<$0)1X&CL1&'1X&4%&4$#'"#$%D&%9*P#5?X&(#L#%&L%9*"*&'4#'&B%"%$#(*X&(1&'D15?Q*&D?&?L#$*"*
'&.*<#X&L*C%+1&0$%)&'&<$0)1&*&?9*+1&C#&%L%/C%&0#D181D&*&L$)1Q1D&]1C%)#&?L%)*<#X&0Q*
$#+0%C&S?4#(#X&%L1&(#&"%&'&$%L9*(%D&')%5*D&'$%L(*<*D#&?&;%'(?X&4%+"%&5%5&*&%"#<&91+1
?D$%&?&"%&)$1D1&[&L$*('0%5&S?4#(*5*X&?&;$?'(?&EL#(#'&;$?'(#&?&N%P#('0%D&'$1/?GX&$%L*.#&51
'*(#&-%9$%'.#)#K%5*'.#)#X&4%/(#"%C&/1"'0%C&5?(#0#&*&%'.%9%L*"1J# 
`)#5&-%9$%'.#)K%5*'.#)&%4*'#(&51&?&-?0J#('0%5&:$%(*<*&0#%&)1%D#&4$14$1L1(X&#.*&*
V$#9#$&).#L#$&K#'4*"#(&51&?&-?9$%)(*0?&H?&'1&*&%S1(*%&'#&?(?0%D&<#$#&!#D?*.#X&%P1)*L(%
'&(#D1$%D&L#&4%5#P#&')%51&)1/1&*&?"*<#5&M$P0*&4*'#<&B10#)D1(&/%)1&C#&F!$9*(%D
H$19*8<1DF&`(&51X&L#&9*&(#4$#)*%&+"%&)1Q*&5#/&*/D1>?&(#$%L#&*&M$0#X&4%"*<#%&M$01X&"%9%S1
0#%&8*V%)&P%)10X&(#&+"%&'?$%)*5*&4$*"*'#0&[&*'"%&)$1D1&4%L5#$*)#%&51&*&(#$%L&+"%&4%L(%'*
"#0#)&5#$#D&T#&"#5&(#P*(&%(&51&(#&%91&'"$#(1&L%9$%&'"#5#%&*&$#L*%&(1'D1"#(%&/#&'191
T1/#L%)%J#(&C$P0*D&4$*"*'0%DX&0%5*&51&L%*'"#&9*%&"1S#0&/#&)$1D1&(1D%$#.(1&<#$*<1&\%1&*
81(1&"$%5*<1&D?S1)#&&<#$1)#&E%L&7@722GX&(#$%P*"%&/#&C$#9J*)1&4%$%L*<1&=*V#*.#&Ia
3#N.#C%(<#X&(#$%L&'1&'"#L1&0?4*"*&%0%&K%5*'.#)#&*&%L$1L*&C#&0#%&')%C&)%>?&3$)*&'$4'0*
?'"#(#0&4%D*81&'1&7A2,&C%L*(1X&#.*&51&"#5&9*%&0$#"0#&L#V#&3%&?C%)%$?&*/#&"%C&?'"#(0#
K%5*'.#)&51&?/1"&/#&"#%<#&*&%L)1L1(&?&d#$*C$#LX&#&(#L/%$&(#L&4%9?81(%D&/1DJ%D&9*%&51
4%)1$1(&H1%N*.?&f$%"*0?&R.*&K%5*'.#)X&)1+"&*&D?L#$X&9$/%&51&?D#0#%&*/&d#$*C$#L#X
L%P14#%&'1&')%5*V&4.#(*(#&*&(#'0%$%&4%P1%&(%)?&9%$9?&?&\1"*X&?&51L(%&)$.%&D?"(%&*&/#
K*/#("*5?&0$*"*P(%&L%9#X&0#L&'?&'1&5#)*.#&5%+ L)#&)1.*0#&?'"#(0#&(#&4%L$?P5?&'"#$1
D#Q1L%('01&L$S#)1

B#L&51&(#&4$1'"%&L%+#%&<#$&B%('"#("*(&I^&=%(%D#VX&7 &C%LX&51L(#&%L&4$)*V&81C%)*V
9$*C#&91+1X&L#&?C?+*&/1"'0*&?'"#(#0X&0%5*&51&?&4$%+.%5&C%L*(*&/#L#%&C$P0%5&)%5'<*&"1S#0
4%$#/&-$#P0*&/#4%)1L(*0&L%9*&(#$1L9?X&L#&'#&P1"#D#&*/&')%51&*&'?'1L(*V&%9.#'"*&4%>1&(#
\1"?&-?0J#(*(&*D#&)1'"X&L#&51&<#$&4%'.#%&4%'19(1&J?L1&'#&L%'"#&/.#"#&*&'$19$#X&L#&4%0$1(1
4$%"*)&\1Q#(#&$#+0%C&S?4#(#X&9%'#('0%C&9#(#&*&/#V?D'0%C&0(1/#&R0%&9*&"#&)1'"&9*.#&"#P(#X
%(L#&9*&'1&'&4$#)%D&D%C.%&D*'.*"*X&L#&"1&/1DJ1&?&%)%&)$1D1&(*'?&9*.1&?&4%"4?(%5&).#'"*
K*/#("*51X&%L(%'(%&L#&*V&M$<*X&?&D1"1S*D#&7 77 &C%L*(1X&(*'?&L%'41.*&4%(%)%
4%0%$*"*&0#%&%9*P(1&4%0$#5*(1&<#$'")#&H*&'$4'0*&0(1S1)*X&9%51Q*&'1&<#$#X&4$*D*+1&81C%)
4%/*)&*&4%'.#+1&?&:?D&')%51&P1"1X&4%)1$*)+*&/#4%)1L(*+")%&h?"%)*L?X&V?D'0%D&C%'4%L#$?
`(&L%*'"#&4%>1&4$%"*)&\1Q#(#&'#&"$19*8'0%C&4%L$?P5#X&#&M$<*&(#)#.*+1&'#&%C$%D(%D


 

 @
)%5'0%D&*/&!0#L$#&*&;#$#&\1Q#(*&'1&?)?0%+1&?&')%51&0.#(<1&*&')$+*+1&(#54$1&'#&M$<*D#
4%$#/*)+*&*V&'"$#V%)*"%&B#L&51&8*V&4%91L*%&K%5*'.#)&'1&%9$#"*&h?"%)*L?&U/#9$#
41L1'1"%$*<?&%L&/#$%9J1(*V&M$0#X&4#&*VX&/#4.#+1(1&*&$#8#)1X&4%'.#&:?DJ#(*D#X&L#
*'4$*P#5?&C$P0?&4%C*9*5?&*&?.*5?&'"$#V&h?"%)*L&51&/#&"%&)$1D1&(1#0"*)#(&P10#%&0%L
B.%9?0#&U'"%D&0#L&51&K%5*'.#)J1)&'*(&M%5*'.#)&'"*C#%&'#&/1"'0%D&)%5'0%D&4$1L&B.%9?0
L%+.%&51&L%&9%$91X&?&0%5%5&51&h?"%)*L&9*%&$#81(X&#&81C%)#&)%5'0#&$#'"?$1(#&M$#(*<1
K%5*'.#)J1)1&L$S#)1&L%4$1+1&4%"%D&(#&*'"%0?&')1&L%&K%5?+1X&#&(#&/#4#L?&L%>1&4%L&81C%)?
).#'"&P*"#)#&"$19*8'0#&%9.#'"&'&B%(#)J1D&/#51L(%&*&'#&(10*D&L1.%)*D#&4$*D%$'0%C&:?D#
E'#&!"%(%DG&B#%&C%'4%L#$&!"%(#&%(&51&%4$#)L#%&%(?&0#$#0"1$*'"*0?X&0%5?&51&%&81D?&L#%
-?0J#(*(&M$P0*&'"$#"1C&*/&-?9$%)(*0#&B#"#0#.%(&B.*/%D1(*"&V"1%&51&L#&4%"*'(1
K%5*'.#)#&*/&!"%(#&*&4$*4$1D#%&D?&51&/#D0?&B#L&51&4%+#%&L#&0$'"*&K%5*'.#)J1)#&'*(#&(1&?
81C%)?&0?Q?X&(1C%&(#&51L(%&?C%)%$1(%&D1'"%X&%(&51&9*%&4%)1%&'#&'%9%D&D#.?&N.%"?X&L#&(#
?C%)%$1(*&/(#0&?V)#"*&K%5*'.#)#&*&?9#<*&?&.#>?&R.*&4$14$1L1(*&K%5*'.#)&4$*4$1D*%&51
'.*P(?&/#D0?&*&'"$#"1C?X&(#&0%4(?X&*&*/)1%&51&'&?'41V%D&4$1&M$0# 
3%'.1&K%5*'.#)J1)1&'D$"*&(#'"#.#&51&?&"$19*8'0%5&%9.#'"*&9?(#&4$%"*)&81C%)*V
(#'.1L(*0#&;%.1'(%C&M%5*'.#)#X&0%5*&51&9*%&C%'4%L#$&"1&%9.#'"*X&?9*+1&?&4%'"1J*&(10*
H$19*8<*&!0$%9*D1/*X&#&9$#"#&D?&3$1L*D*$#&?V)#"*+1&*&'D#0%+1&K.#'"&?/1&C.#)#&"%C
9$#"'")#X&-%D#(1<&T#&"%&4%S?$*+1&%'"#.#&"$*&'*(#&K%5*'.#)J1)#&?&H$19*81X&4%0%$*+1&*
0#/(*+1&?'"#(*01X&L%0&-%D#(1<&?"1P1&\#&C%'4%L#$#&"$19*8'0%C&4%'"#)*+1&=*V#*.%
K%5*'.#)J1)*Q&*&9$#"&D?&Y#L%'.#)&"$1Q1C&9$#"#&!#C#(<#&R.*&%)#5&'1&?&(1/#L%)%J(%5&/1DJ*
(1&D%C#L1&%L$S#"*&*&)$#"*&'1&(#"$#C&?&\1"?&H#L&(#&?4$#)?&L%.#/*&%41"&)%>#&?'"#(*0#
-%D#(1<&T#&"%&=*V#*.%&?4?"*&"#D%&')%C&$#"%9%$(%C&9$#"#&Y#L%'.#)#&`)#5&4%(%)%&4%0%$*
/1DJ?X&4%C?9*&-%D#(<#X&4%)$#"*&$1L&*&%')%5*&P*"#)?&"$19*8'0?&*&V?D'0?&%9.#'"
\#&).#L1&K%5*'.#)J1)#&(#'.1L(*0#X&%)%C&=*V#*.#X&\1"#&L%.#/*&L%&')%C&(#5)1Q1C&4%.*"*P0%C
/(#P#5#X&*/$#S1(#&(#$%P*"%&*&)*L(%&"*DX&+"%&51&4$*/(#"#&/#&0$#J1)*(?X&766&C%L*(1&\#
81C%)1&).#L1&4%L*C(?"#&51&?&!"%(?&<$0)#&!)&=*V#*.#X&%P?)#(#&L%&L#(#'&?&$?+1)*(#D#&[
<$0)*&'1&5%+&(#.#/*&N$1'0#&'#&.*0%D&0$#J#X&0%5*&L$S*&D%L1.&V$#D#&?&$?0#D# 
B$#J#&=*V#*.#&51&(#'.1L*%&81C%)&'*(&;%L*(X&'#&)$.%&9?$(%D&4$%+.%+Q?&!#)$1D1(*
*/)%$*&0#S?&/#&8X&L#&51&9*%&4?(&4%L.%'"*X&#.*&)1%D#&$#"%9%$#(i&?&C.#)(%D&'.*P#(&')%D&L1L?
K%5*'.#)?&`(&51&4%"*'(?%&')%C&'"$*<#&Y#L%'.#)#&0#%&"#0D#<#&(#&4$1'"%&*/&\1"1&?&"$19*8'0?
%9.#'"X&CL1&51&%)#5&V)#J1(*&5?(#0&*&P%)10&?D$%&*&9*%&'#V$#81(&?&D#(#'"*$?&!)&31"$#&?
_*P1)?&0%L&H$19*8#&3#"$*#$V#.(%&/#51L(*P0%&).#L#81&P*"#)1&4%$%L*<1&'#&4%'19(*D
'$%L(*<*D#).#L#$*D#&4%51L*(*V&%9.#'"*X&0%5*&'?&9*.*&C%"%)%&(1/#)*'(*X&;%L*(&?0*L#
4%"4?(%&<1("$#.*+?Q*&).#'"&?&')%5%5&0$#J1)'0%5&$?<*&U'0%$*+Q#)#5?Q*&(1)%J1&K*/#("*51
/#&)$1D1&(%$D#('0*V&%')#5#8#&Y%91$"#&M)*'0#$#&(#&;#.0#(?X&%L&7@7@2&C%LX&;%L*(
4$%+*$?51&')%5?&).#'"&(#&Y#+0?&*&(#&;%'(?&*&*D1(?51&"#D%&')%51&(#D1'(*01&B#%&9%'#('0*
(#D1'(*0&(#)%L*&'1&(10*&0(1/&!"1)#(&3$*$%L(%&51&4%"%D&L#&51&*&9%'#('0#&0#"%.*P0#
<$0)#&9*.#&4%L)$C(?"#&(%)%%'(%)#(%5&9#$'0%5&#$V*14*'0%4*5*X&#&L%".1&51&)1$%)#"(%
4$*4#L#.#&'4.*"'0%5&;%L*(%)#&L$S#)#X&4%'.1&"*V&%')#5#8#X&%9?V)#"#+1&')1&4%L$?P51&%L
T1$1")1&*&['%$1&L%&U9$#&*&(#&5?C?&L%&9.*/?&-$#P#X&4%'"#5?Q*&"#0%&D%Q(*5#&*&+*$#&%L
_#'.#)%)1&R.*&'?&"?&)1.*0?&L$S#)(?&")%$1)*(?&4%P1.1&L#&4%LC$*/#5?&?(?"$#+81&'D?"81&?
L*(#'"*5*&!)*$14#&S1(#&;%L*(%)#X&T%$D#(0#&O#0)*("#X&#&*&;%L*(&'#DX&91V?&4$1C.*&L#&91/
D(%C%&%9/*$#&?(*+"1&')%51&%'"#.1&'$%L(*01X&0#0%&9*&%91/91L*.*&4$1'"%&')%5%5&L1<*&[&*'"%
)$1D1X&0$#51D&^I&)10#X&%'.%9%>1(#&%L&T%$D#(#X&*&K*/#("*5#&51&4%P1.#&L#&4%"*'0?51&*&/(#"(%
'.#9*&;%L*(#
[&%)%&)$1D1&4#L#&*&4$%.#/#0&N$#(<?'0*V&0$'"#+#&"?.?'0%C&C$%N#&Y#5D?(L#&0$%/&-#.D#<*5?X
:?D'0?&\1DJ?&*&\1"?&L#J1&4$1D#&-$#P?&*&*'"%0?&E?&/*D?&7,76&C%L*(1G&U/&3$%)#('1
%(*&'?&0$1(?.*&4$10%&'1)1$(1&U"#.*51&*&U'"$1&'?)*D&(#&-#.D#<*5?X&(1&%9#)1'"*)+*&%&"%D
')%D&4?"?&V$)#"'0%C&0$#J#&3$*$%L(%&51X&L#&'?&'&"%C#&(#*+.*&(#&D(%C%&(14$*.*0#&(#
V$)#"'0%D&*&4%'.1&(#&V?D'0%D&4%L$?P5?X&0%51&'?&L1.*D*P(%&L%L*$(?.*&B$'"#+0*&%4*'


 

 @A
4$*0#/?51&!$91&*&:$)#"1&"*V&/1D#J#&0#%&)$.%&'?$%)1&*&C$#9J*)1X&#&/1DJ?&*D&0#%&C%$%)*"?&*
9$L%)*"?X&'&)1.*0*D&$10#D#&EB$0#X&d1"*(#X&T1$1")#GX&'.#9%&%9$#>1(?&*&D#.%&(#'"#81(?X&P*51
'1&'"#(%)(*+")%X&?&C.#)(%DX&9#)*&'"%P#$'")%D&[&4$*D%$'0*D&C$#L%)*D#&'"#(?5?&Y%D#(*&'
.#"*('0*D&51/*0%Di&?&?(?"$#+8%'"*&'?&!.%)1(*X&F &    F&T1&/(#5?Q*&')$V?&"1
)%5'01X&"#0%&)1.*01X&'"#(%)(*<*&'?&91S#.*&*'4$1L&8*V&?&')%51&C%$1&F0#%&L*)J1&S*)%"*81F&(1
V%"1Q*&0$'"#+*D#&P*(*"*&(*0#0)*V&?'.?C#X&(*&0#%&)%>1&0$%/&0.#(<1X&(*&4$%L#5?Q*&*D
(#D*$(*<1&R.*&'?&'"#.(%&(#4#L#.*&4%/#L*(?X&*'"%&0#%&*&%L)%51(1&4%51L*(<1&*&D#81&%L$1L1
\#&%')1"?&*&L#&/#'"$#+1&L$?C1&0$'"#+*&'?&'10.*&?V)#Q1(*D&!.%)1(*D#&$?01X&(%C1&*.*&(%'1)1
*.*&*D&0%4#.*&%P*X&*&"*D&*V&%C%$P#)#.*&5%+&)*+1&H#0%&51&"1+0*&4?"&0$'"#+#&0$%/&(1/(#(1
0.#(<1&)%L*%& 7&L#(#X&L%0&(*'?X&(#54%'.1X&L%+.*&L%&!0#L$#X&CL1&'1&(#>%+1&'&0$#J1D
;%L*(%D&`)#5&*V&51&4$*D*%&)$.%&.14%&*&4%9$#"*D*%&'1&P#0&'&C$%N%D&Y#5D?(L%D
-#&51&$1S*D&;%L*(%)&9*%&)$.%&(14%4?.#$#(&0#/?51&*/$*P(%&-?0J#('0#&:$%(*0#X&4$*P#5?Q*
L#&(#$%L&(*51&V"1%&/#&).#L#$#&81C%)#&'*(#&=*V#*.#X&F$#L*&$>#)+"*(1&81C%)1&D#501FX&(1C%&?/1
;%L*(%)#&9$#"#&-%9$%'.#)&H%&*/#/)#&)1.*01&'D?"81&*&0$)#)1&9%$91&%0%&4$1'"%.#&Y#+0*
S?4#(&K?0#(&*'0%$*+Q#)#&*VX&?4#L#&'&)%5'0%D&?&\1"?X&')$C#)#&-%9$%'.#)#&*&(#&).#'"&L%)%L*
B%P%4#$#X&*/&L$?C1&.*(*51&0$#J1)'01&L*(#'"*51&`(&"%&P*(*X&(#$#)(%X&'#D%&'&(#D1$%DX&L#
%91/91L*&4$1).#'"&Y#+01&(#L&\1"%D&*&4%&"%D&')%5&/(#P#5&0#%&$#+0%C&C%'4%L#$#&B%P%4#$?&51
"1S#0&81C%)&4$*"*'#0&`(&'&"%C#X&L%+#)+*&'&8*D&?&'?0%9X&91S*&?&;%'(?&*&"#D%&(#'"%5*X&L#
4%D%Q?&L$?C*V&%9.#'"*&4%)$#"*&$#(*5*&/(#P#5&\1"1&!&"%D&(#D1$%D&?/*D#&0Q1$&(14%/(#"%C
9%'#('0%C&9#(#X&P*5#&51&/#)*'(%'"&%L&;%L*(%)1&)$V%)(1&).#'"*X&?'.1L&%)*V&D1"1S#X&4%'"#.#
)$.%&.#9#)#&[&;%'(*&51X&*/C.1L#X&L%9*%&4%D%Q*&-#&.*&'1&4%)$#"*%&?&\1"?&*&(#&4$1'"%&(*51
(#D&4%/(#"%i&51L*(#&L#J#&)1'"&%&81D?&0#/?51X&L#&51&L%'0%$#&4%C*(?%&$#"?5?Q*&4%&V?D'0%5
/1DJ*&[&\1"*&51X&4%'.1&"%C#X&/#&(10%&)$1D1&'#')*D&%')%5*.#&4$1).#'"&Y#+01X&L%0&4%'.1&(*51
L%+#%&?"*<#5&K*/#("*51&4$10%&81(%C&L$#P0%C&/#4%)1L(*0#&`0%&A&C%L&91V?&'1&4$*.*01
(1+"%&*/D1(*.1&[&\1"?&51&L%+#%&(#&).#'"X&4%'.1&L%'"#&D?01X&;%L*(%)&'*(&c%$>1X&*&?")$L*%
'1&"?&U'0%$*+Q#)#5?Q*&D1"1S1&?&Y#+0%5&"%C#&)$1D1(#&%(&'1&P#0&9*%&%5#P#%&"%.*0%X&L#&'1
51L(%&)$1D1&P*(*.%&0#%&L#&Q1&D%Q*&4%)$#"*"*&%9*D&*&/(#P#5&L$S#)1&')%C#&%<#&`L&81C%)*V
$%>#0#X&%L&0%.1(#&;$#(*'#)J1)*Q#X&L$S#V?&0#%&81C%)*&)#/#.*&51L#(X&-$#C*.%X&S?4#(*5?
3%LC%$51&'#&`(%C%+"1DX&#&L$?C*X&M$#L*8#X&V?D'0?&/1DJ?&T1&D%C#)+*X&*/C.1L#X&L#&'1&'.%S1
?'.1L&?/#5#D(*V&4%L%/$18#X&4%P1+1&4%(%)%&$#(*51&?"*+#(?&')#>?&U&-$#C*.%&*&M$#L*8#
%9$#"*+1&'1&/#&4%D%Q&M$<*D#&!#&')%5*D&*&C$P0*D&P1"#D#X&#&4%D#C#(*&%L&Y#+#(#&*&?'"#(0%D
?&'#D%5&\1"*X&%(*&'#).#L#+1&0$#J#&c%$>#X&?V)#"*+1&C#&*&4%'.#+1&?&d#$*C$#LX&CL1&51&?
"#D(*<*&/#)$+*%&S*)%"X&0#%&*&81C%)#&'?$%)#&D#50#&\#&0$#J#&51&%(L#&L%+#%&M$#L*8#&!&8*D
L?C%&(#4#Q1(#&/1DJ#X&(#5/#LX&L%>1&L%&L#)(%&S1J1(%C&D*$#&*&4%P*(?&/#&L1'1"#0&C%L*(#&%L
0$*/#&*&0$)%4$%.*Q#i&#.*&*/C?9*&*&C.#)(1&"10%)*(1&K%5*'.#)J1)1&*&=*V#*.%)1&9%$91&\1"#&51
"#L&4%(%)%&L%+.#&4%L&?"*<#5&)*/#("*'0%C&<#$#&U'"$%+1(1&?&D1>?'%9(%5&9%$9*&*&%L)$#"(%D
L*(#'"*P0%D&0.#8?&%91&(#+1&/1DJ1X&\1"#&*&Y#+0#X&9*.1&'?&L%&0$#5#&*'<$41(1&*&*/D?P1(*
(#$%L&L%P10#%&51&"?>*('0%&4%'$1L%)#81&0#%&(10?&)$'"?&%.#0+#8#

   




=#>#$'0#&4.1D1(#X&0%5#&'?&L%+.#&?&L?(#)'0?&0%".*(?&0$#51D&I^&)10#X&*/D1+#(#&'#&%'"#<*D#
'"#$*V&:?(#&*&`9#$#X&4$*D*)+*&?&'191&)$.%&D(%C%&'.%)1('01&*&C1$D#('01&0$)*X&0#%&*&D(%C%
1.1D1(#"#&8*V%)1&0?."?$1X&?'41.#&'?&L#&)1Q&%L&^I&)10#&'")%$1&'"#9*.(?&L$S#)?&1)$%4'0%C
"*4#&*&?&9*"(%'"*&V$*+Q#('01&%$*1("#<*51&B$#J&!"1)#(&E67A@G&?L#$*%&51&'%.*L#(
%'(%)&*&L$S#)(%5&%$C#(*/#<*5*&*&V$*+Q#('0%D&?"*<#5?&?&4%L$?P5?&D#>#$'01&L$S#)1X
(#'"%51Q*&')*D#&'$1L'")*D#&L#&')%51&4%L#(*01&?)1L1&?&$1L&1)$%4'0*V&(#$%L#&`4#'(%'"*&0%51
'?&4%'"%5#.1&/#&(%)?&L$S#)?&%L&(1D#P0*V&'?'1L#&9*.1&'?&%"0.%81(1&L1.%D&4%D%Q?
)*/#("*'0*V&<#$1)#X&#&L1.%D&$#L*&'?4#$(*+")#&*/D1>?&4#4#&*&(1D#P0*V&<#$1)#X&0%51&51
%L)?0.%&C.#)(?&4#S8?&T1D#<#&(#&5?C&D1'"%&(#&*'"%0&B#L&51&0$#51D&^I&)10#&4$1'"#.#&?&'#D%5
=#>#$'0%5&?(?"$#+8#&0$*/#&4$1)*$#8#&*&9%$91&%&4$1'"%&*&/1DJ#&L%9*.#&*/)1'"#(&$1LX
L$S#)#&*D&51&4%'"#.#&)1Q&"%.*0%&5#0#X&L#&51&%/9*J(%&'4$1D#.#&'*'"1D#"'0?&10'4#(/*5?&B$#J


 

 @
b#L*'.#)&IX&F!)1"*F&E76672GX&'"10#%&51&')%5&)*'%0*&C.#'&"*DX&+"%&51&/1DJ*&L#%
?(?"$#+81&'4%0%5'")%&*&+"%&51&4$)*&?4?"*%&D#>#$'0%&4$%L*$#81&4$1D#&D%$?

:$)#"'0#&51&4%'.1&'D$"*&0$#J#&\)%(*D*$#&4%'"#.#&4%4$*+"1&C$#>#('0*V&$#"%)#
\)%(*D*$%)#&?L%)*<#&9*.#&51&=#>#$0#X&'1'"$#&0$#J1)#X&*&'")%$*.#&51&?&/1DJ*&D#>#$'0?
'"$#(0?&T#&4%/*)1&81(1&*&81(*V&4$*'"#.*<#&0$1(?%&51&0$#J&b#L*'.#)&7&C%L&'&)%5'0%D&?
:$)#"'0?&`"4%$&:$)#"#&9*&').#L#(&0%L&M)%/L#X&*&4%'.1&4%51L*(#P(%&U4#0X&%D1"1(&?4#L%D
B?D#(#&?&).#'"*"%&4%L$?P51X&0$#J&(*51&?'41%&L#&"%D&4$*.*0%D&4%"4?(%&'#).#L#&:$)#"'0?
H#5&51&4%'#%&L%)$+*%&81C%)&(#'.1L(*0&0$#J&B%.%D#(X&0%5*&51&76&C%L&4%"?0#%&:$)#"1&0%L
31"$%)1&M%$1X&CL1&51&4%C*(?%&*&8*V%)&4%'.1L8*&0$#J&31"#$&U4#0X&*/&D(%C*V&%9/*$#X
B%.%D#(&51&7&C%L&4$*'"#%&(#&0%D4$%D*'&`(&51&%'"#)*%&"#L#&?%9*P#51(1&'.%9%L1
8*V%)*D&4.1D*Q*D#&0#%&4$1"'"#)(*<*D#&L$S#)(%C&4%$1"0#&R.*&'")#$(%&%L&7&C%L*(1
(1'"#51&'.%9%L(1&:$)#"'01
3%'.1&L%9*5#8#&:$)#"'01&=#>#$*&'?&')*D&'*.#D#&$#L*.*&L#&L%9*5?&*&4$*D%$'01&C$#L%)1&`L
767&C%L&%(*&'?X&L%*'"#X&*&L%9*.*&\#L#$X&!4.*"X&H$%C*$&*&%"%01&Y#9X&d$1'X&`'%$&*&B$0
H%&*V&51&L%'0%$#&L%)1.%&?&"$#5(?&4$%"*)(%'"&'#&=.1<*D#X&0%5*&'?&(1$#L%&C.1L#.*
?P)$+Q*)#81&51L(1&5#01&L$S#)1&(#&%9#.#D#&8*V%)#&O#L$#(#&=#>#$*D#&51X&D1>?"*DX&4%'1L
D%$'01&%9#.1&9*.%&9*"(%&4*"#81&L$S#)(%C&$#/)*"0#&*&%(*&C#&'&"%C#&(*'?&?4?+"#.*&(*&4%L
(#5"1S?&<1(?
-$?C#&%')#5#8#&=#>#$#&9*.#&'?&?4?Q1(#&4$1D#&)*/#("*'0%D&4%L$?P5?X&(*/&0.#'*P(?&D%$#)'0?
L%.*(?&3%)%L&/#&'?0%91&L#.%&51&"%X&+"%&51&C$P0*&L)%$&4%L$S#)#%&D#>#$'0?&1D*C$#<*5?&*
.*P(1&4$%"*)(*01&0$#J1)1&E!"1)#(#&IIGX&%P1)*L(%&'&(#D1$%DX&L#&9*&*D#%&4$*.*01&?"*<#"*&(#
D#>#$'01&'")#$*&M%L&6@&L%>1&L%&$#"#&*/D1>?&=#>#$#&*&K*/#("*51&=#>#$*&'?&'
4%P1"0#&4$%L$.*&)$.%&L?9%0%&*L?Q*&4$10%&T*+#&L%&!%N*51X&#&L1.*D*<1&*&L#J1X&P#0&L%&9.*/?
o*.*4%4%J#&R.*&)*/#("*'0*&<#$X&O%)#(&B%D(*(X&?&/#51L(*<*&'&N.%"%DX&/#?/1&;$#(*P1)%&*
?C$%/*&=#>#$1&'&.1>#&(#&4%L$?P5?&CL1&D?&'1&(*'?&(*&(#5D#81&(#L#.*&;%$9#&'1&?&"#5&D#V&'0%$%
4$10*(?.#&'&"%C#&+"%&51&<#$X&*/&V*"(*V&4%"$19#X&(#4?'"*%&9%5(%&4%J1&*&4%S?$*%&?&d#$*C$#L
B#L&'1&4%'.1&)$#"*%&/#"10#%&51&'*"?#<*5?&"%.*0%&*/D181(?&(#&')%5?&+"1"?X&L#&'1&D%$#%
4%).#P*"*&*&'0.#4#"*&D*$&3$*.*0%D&%)%C&$#"%)#8#X&"$#S1Q*&'#)1/(*01&4$%"*)&K*/#("*51X
=#>#$*&'?&L%+.*&(#&D*'#%&L#&4%9?(1&!$91&`)*&'1&%L#/)#+1&91/&D(%C%&?/"1/#8#&h?"*"%D
<#$?&(*51&9*.%&"1+0%&L#&8*V&4%0%$*X&4#&/#&0#/(?&D(%C1&%L&8*V&4$1'1.*&?&T*0%D*L*5?&[
Y#+0%5&'1&"#L&5#)J#&0#%&)1.*0*&S?4#(&K?0#(%)&'*(%)#<X&[$%+&K1Q&51&$#(*51&4$*D1Q1(%X&L#
81C%)%&(1'.%)1('0%&*D1&[$%+&L%.#/*&%L&D#>#$'0%C&%9.*0#&½ &Ý&

&*&L#&51&5#'#(&"$#C
$#(*51&)1/1&*/D1>?&!$9#&*&=#>#$#&\#&81C%)%&)$1D1&"1&)1/1&4%'"#5?&5%+&"1+81&U/&S1J1&L#
4%5#P#&D#>#$'0*&?"*<#5&?&Y#+0%5X&0$#J&!"1)#(&II&%S1(*&')%C&(#'.1L(*0#&;1.?&[$%+1)%D
0Q1$*&O1.1(%DX&D#.%&4$1L&'D$"X&0%5#&C#&51&/#"10.#&A&C%L
H#5&D#>#$'0%'$4'0*&9$#0&9*%&51&%L&)$.%&)1.*0%C&?"*<#5#&(#&4$*.*01&;#.0#('0%C&3%.?%'"$)#
-%9*)+*&:$)#"'0?&*&?+#)+*&?&)1/1&'#&!$9*5%D&=#>#$'0#&51&"1S*+"1&')%51&4%.*"*01&'#
/#4#L#&*&'1)1$%/#4#L#&4$1(1.#&(#&;#.0#(&*&(#'"%5#.#&L#&'1&$#/)*5#&?&"%D&4$#)<?&3%.*"*P0#
*D&0%(<14<*5#&91+1X&L#&'1&"%X&4%&D%C?Q(%'"*X&4%'"*/#)#&?&*/)1'(%D&'4%$#/?D?&'#&'.%)1('0*D
1.1D1("%D&!&8*D&?&/#51L(*<*&D%C.#&'1&4$*D*"*&'&51L(1&'"$#(1&9%$9#&'&K*/#("*5%DX&#&'&L$?C1
9%$9#&'&=.1<*D#&`"?L&(#&D#>#$'0%D&L)%$?&"%C#&)$1D1(#&%4+"#&4$1L?'$1"J*)%'"&4$1D#
(#+*D&J?L*D#&B$#J*<#&O1.1(&*&(#$%P*"%&81(&9$#"&;1.?+X&0%5*&S*)*&(#&D#>#$'0%D&L)%$?X
*D#5?&%L'?L(#&?"*<#5#&(#&"#D%+81&4$*.*01
[&)$1D1(?&%L&A A,&C%L&=#>#$'0#&51&?/1.#&*&9%'#('0?&S?4?&Y#D?X&(#&L1'(%5&'"$#(*
T1$1")1X&%0%&$101&*'"%C&*D1(#X&(1'?D8*)%&'#&L#.D#"*('01&'"$#(1X&'&.*(*51&d1"*(1&*&-?)(#
`L&A@&5#)J#&'1&Y#D#&0#%&'"#.(*&'#'"#)(*&L1%&D#>#$'01&0$#J1)'01&"*"?.1&K1$%)#"(%&51X&L#
'?&=#>#$*&"*V&)$1D1(#&4$%+*$*.*&')%5?&)$V%)(?&).#'"&*&(#&%'"#.1&L1.%)1&;%'(1X&51$&?
%'(*)#P0%5&4%)1J*&D#(#'"*$#&_#"#$#&?&=#>#$'0%5&;1.#&IIX&(#&'0?4?&?&`'"$%C%(?X&A6&C%L
F4%&4$*'"#(0?&<1.1&/1DJ1F&L#51&9%'#('0%&)%5)%L'")%&')%D&'*(?&b#L*'.#)?&H#5&D%D1(#"&51
)#S#(&*&4%&%)%D&b#L*'.#)&51&'*(&51L(1&'$4'01&4$*(<1/1&*&0#L&%(&4%'"#51&C%'4%L#$&"1&%9.#'"*


 

 @2
"%&/(#P*&L#&5%5&/#&).#L#$#&L%.#/*&P%)10&'$4'01&0$)*&`(&Q1X&4$1D#&"%DX&.*P(*D&)1/#D#
%D%C?Q*"*&"$#5(*51&'4#5#81&"1&/1DJ1&/#&D#>#$'0?&0$?(?&B#0%&(*51L#(&*/)%$&(1&4%D*81
9%$91&4%)%L%D&%)%C&4*"#8#X&)$.%&51&)1$%)#"(%X&L#&51&%(%&$1+#)#(%&4%&(10%D&4$*'"#(0?
9%'#('01&).#'"1.1&H#0%&=#>#$*&4%$1L&:$)#"'01&*&-#.D#<*51&L%9*+1&*&;%'(?
Y#D#&4$)%9*"(%&(*51&9*.#&9%'#('0#&%9.#'"X&(1C%&51&4$*4#L#.#&$#+0%D&3%LC%$5?&3%.*"*P0%
C1%C$#N'0*&%(#&51&9*.#&%L&)1.*0%C&/(#P#5#&B$%/&8?&51&)%L*%&4?"&'#&/#4#L#&?&K$V9%'(?&*&L#J1
0#&!$19$1(*<*&H?&'1&(#.#/*.%&)#S(%&$*D'0%&(#'1J1&;*'"?1&K1"?'X&*/&0%C#&51&)%L*%&4?"&?
'$1L*+8?&;%'(?X&?&;*'"?1&T%)#&=#>#$*&'?&*D1&Y#D1&/#L$S#.*&?&0$#J1)'0%5&"*"?.*&L%&0$#5#X
/#D18?5?Q*&8*D&P#0&*&*D1&'#D1&;%'(1&=1(*&'1&P*(*X&L#&'?&%(*&"?&4#S8?&4$1D#&Y#D*
?P*(*.*&'&"%C#&+"%&51&%(#&D%SL#&4$)#&4$*/(#.#&8*V%)?&)$V%)(?&).#'"&=*+J181&O&3#?.1$#
L#&'?&=#>#$*&4$1&4%L$1L*.*&;%'(?&(1C%&Y#D?&(1&*/C.1L#&(*D#.%&)1$%)#"(%&O1$&L#&'?&*+.*
'#&'1)1$%/#4#L#&*.*&'1)1$#&(#*+.*&9*&4$1&(#&L$?C1&S?41X&')#0#0%&(1&D#81&)#S(1&%L&Y#D1&!#
5?C%/#4#L#&51&?&"%D&4$#)<?&)%L*.#&'"#$#&)1/#&-#&9*&D#>#$'0*&0$#JX&*D#5?Q*&)1Q?&*&/(#P#5(*5?
;%'(?X&?(1%&?&')%5?&"*"?.?&4%'.1&"%C#&D#8?&*&%9*D%D&*&/(#P#51D&Y#D?&(*51&.#0%&(*&)1$%)#"*
(*&4$*D*"*
-#&%91/91L*&?"*<#5&')%51&L$S#)1&(#&P*"#)%D&4%L$?P5?&-#.D#<*51X&#&)1$%)#"(%&*&;%'(1X
/#D%.*%&51&;1.#&II&4#4?X&L#&'4.*"'0%D&(#L9*'0?4?&L#&4#.*5&*&4$1>1&4$10%&"%CX&+"%&'1&"#5
(#L9*'0?4&L#%&4%')1"*"*&?&`'"$%C%(?&#&(1&?&Y*D?&3#4#&'1&A&D#5#&A&%L#/)#%&"%5&D%.9*&*
(#C.#'*%X&L#&51&!4.*"&'&D%Q*D#&!)&-?5D#&<$0)1(#&C.#)#&/#&')1&'?N$#C#(1&L#.D#"*('01&*&L#
81C%)&(#L9*'0?4&*D#&%'"#"*X&F
& 
&x  &  
&H*D&#0"%D&4#4#&51
?P*(*%&)1.*0?&?'.?C?&=#>#$*D#X&L#)+*&*D&L#&4$10%&<$0)1&L%9*5?&)$.%&5#0&?"*<#5&(1&'#D%&?
L?V%)(*D&4*"#8*D#X&(1C%&*&?&D(%C*D&L$?C*D#X&0%5#&"1&)1/1&(1D*(%)(%&4%).#P1&/#&'%9%D
T#'0%$%&*/#&"%C#&?D$%&51&;1.#&II&!.14*X&%'"#)*)+*&"$*&D#.%.1"(#&'*(#&T#5'"#$*5*&%L&8*V
91+1&M15/#&IX&D#>#$'0*&0$#Ji&!"1)#(X&L$?C*&'*(X&91+1&V$)#"'0*&V1$<1CX&#&(#5D.#>*&b#L*'.#)
9%'#('0*&Y1C1("'0?&).#'"&)$+*.#&51&8*V%)#&D#50#&O1.1(#&*&9$#"&5%5X&4#.#"*(&*&9#(&;1.?+
=1'"%&b#L*'.#)#&?&;%'(?&51&9*%&?4?Q1(&81C%)&(#D1'(*0&T1&/(#D%&0%&51&"%&9*%&?&4$)%&)$1D1X
#&*/#&27&C%L&4%D*81&'1&9#(&;%$*Q&`(&4%"*P1&)1$%)#"(%&*/&'$1L81&!.#)%(*51X&*/
9.*/*(1&;$%L#X&#&*D#%&51&4%'1L#&(#&%91&'"$#(1&!#)1&B#0%&51&*&4%&0%5*D&')%5*D&/#'.?C#D#
L%+#%&L%&P#'"*&9%'#('0%C&(#D1'(*0#&*.*&9#(#&(*51&4%/(#"%i&/(#&'1&'#D%X&L#&51&4$*4#L#%
51L(%D&5#0%D&*&)$.%&0%$1(*"%D&9$#"'")?&B#0%&51&/#&)$1D1&')%51&).#'"*&?&;%'(*&9*%&D.#L
P%)10X&'#&(10*V&"$*L1'1"#0&C%L*(#X&9*Q1&)$.%&)1$%)#"(%&L#&;%$*Q&9#('0?&P#'"&(*51&L%9*%
.*P(%X&(1C%&L#&51&(#'.1L*%&[&')#0%D&'.?P#5?&0#$#0"1$*'"*P(%&51&/#&D#>#$'0?&4%.*"*0?&"%C#
)$1D1(#X&L#&51&(#&"%&D1'"%&4%'"#)J1(&81C%)&%"#<&*.*&%(X&!$9*(&*.*&:$)#"X&#&(1&0%5*&%L
D#>#$'0*V&)1.*0#+#
T#&;#.0#(?&(#'"#L%+1&"#.#&)$.%&?/9?>1(#&)$1D1(#&d#$#&O%)#(#&B%D(*(#&(#'.1L*&(#
)*/#("*'0%D&4$1'"%.?&81C%)&'*(&=#(%5.%X& A&C%LX&P%)10&)#($1L(1&1(1$C*51&*&*'"$#5(%'"*i
.*P(%&)1%D#&$#/)*51(X&*'"*(#X&)*+1&N*/*P0*&(1C%&*("1.10"?#.(%i&'#&)*+1&)*"1+0*V
%'%9*(#X&*&4%&4$*$%L*&)%5(*0&4$1&')1C#&T#'.1L*)+*&*/#&L1L#&*&%<#&L$S#)?&0%5#&51&9*.#
%'1"(%&%5#P#.#i&?+"1L1)+*&/#&"$*&4#'#&"1+01&'D?"81&%0%&4$1'"%.#X&)$.%&%9*P(1&?&K*/#("*5*
4$1&"%C#i&?'"$%5*)+*&)%5'0?&*&N*(#('*51i&B%D(*(*X&#&%L&8*V&(#$%P*"%&<#$&=#(%5.%X
4%'.1L8*&)*/#("*'0*&).#L#$&<#$'01&)$1L(%'"*X&D%C.*&'?&L#&D*'.1&(#&%9(%)?&'"#$%C&/(#P#5#
<#$'")#&*&L#&4%(%)%&4%'"#(?&C.#)(*&(%'*%<*&4%.*"*01&U'"%P(1&f)$%41
`0%& @&C%L&'*"?#<*5#&(#&;#.0#(?&9*.#&51&%)#0#&T#&51L(%5&'"$#(*&91V?&?&'#)1/?&K*/#("*5#&*
=.1<*X&#&(#&L$?C%5&T%$D#(*&*&=#>#$*&T%$D#(*&'?&9*.*&4%91>1(*&*&?&%4#'(%'"*&L#&'1
$#"*+"1&4$1(1'1&'&;#.0#(#&(#&8*V%)%&4%L$?P51&?&U"#.*5?&-#&%D1"?&=#(%5.#&?&"%D&4.#(?&%(*
(#'"%51&')*D#&'$1L'")*D#X&L#&D?&(#4$#)1&+"%&)*+1&(14$*.*0#&0%L&0?Q1&-%*'"#X& &C%L
5#)J#&'1&(%)*&?'"#(#0&!$9#&4$%"*)&K*/#("*51X&0%5*&%")%$1(%&4%D#S?&=#>#$*&d#$&=#(%5.%
4%.#/*&%LD#V&4$%"*)&8*Vi&?/*D#&Y#'&*&4?'"%+*&')?&81C%)?&%0%.*(?&!$9*&'1&4%).#P1&?
4.#(*(1X&*/91C#)#5?Q*&%")%$1(?&9%$9?&'&C$P0%D&)%5'0%D&d#$&=#(%5.%&%'"#)*&?&Y#'?&51L(?
)%5'0?&L#&D%"$*&(#&?'"#(*01X&#&'#D&4%>1&L#&$#+P*'"*&'#&%'"#.*D#&\1"'0*&0(1/&Y#L%'.#)&L%>1


 

 @,
%LD#V&<#$?X&4%0%$*&'1&*&9*&.14%&4$*DJ1(&*&?/1"&0#%&<#$1)&)#/#.&!$9*&'?X&D1>?"*DX&9*.*
"1+0%&4$*"1'(*.*&81C%)?&%L)%51(?&)%5'0?X&#&0#L&51&<#$&4%V*"#%X&L#&*V&(#4#L(1&*&0#/(*X&%(*
'1&4%(%)%&4%)?0%+1&?&4.#(*(1&['.1L&/*D1&<#$&4$10*(1&$#"%)#81&"%C#&4?"#&UL?Q1&C%L*(1
(*51&V"1%&L#&*L1&?&!$9*5?&L%0&51&?&C%$*&9*.%&.*'"#X&(1C%&4%&'"#$%5&"#0"*<*&4$%"*)&!.%)1(#X
0%5#&4%"'1Q#&(#&3'1?L%=#)$*0*51)1&4%?01X&'#P10#&L#&.*+Q1&%4#(1&*&L#X&(#&"#5&(#P*(X&9?L1
D#81&'0.%(*+"#&/#&(14$*5#"1J#&*&81D?&D#81&*/(1(#>18#&/#&)%5'0?&!$9*D#&51&"$19#.%&L#
L%>1&4%D%Q&*/&=#>#$'01&-#&"%&'4$1P*&<#$&4%S?$*&*/&T*+#&0$%/&b?C%D*$&(#&!#)?X&#&%L#".1
(#&-$*(?&H#&$10#X&)1.*&B*(#DX&L1.*&F%L&%'"#.1&!$9*51F&;%'(?X&P*5*&51&).#L#$&;%$*Q&E–
Җ¦®’&›Þ¡’&‘—œ¡›¨&²Ž”Š ¬’G&(1/#)*'#(&%L&$#+0%C&)1.*0%C&S?4#(# &=#>#$*&'?&/#
"%&)$1D1&(1'D1"#(%&'"*C.*&?&!$9*5?&'*C?$(%&4$10%&4%L$?P5#&')%C&9%'#('0%C&)#/#.#&]*V%)1
4%D%Q(1&P1"1&'#P*8#)#V?&31P181/*&*&D?'.*D#('0%&V#/#$'0%&4.1D1&B#.*'*5#X&0%51&91+1
(#'1J1(%&%0%&'$1D'01&=*"$%)*<1&E!$&*&L#(#'&%P?)#(%X&4%&8*D#&(#/)#(%X&'1.%&B#.1'*5?&?
/)%$(*P0%D&'$1/?G&B%L&-$*(1&L%>1&L%&4$)*V&'?0%9#&'#&"*D&P1"#D#X&?&0%5*D#&=#>#$*X&)%>1(*
S?4#(%D&;#0V*(%DX&9*+1&4%"*'(?"*&')1&L%&H#$1&d#$&51&/#&"%&)$1D1&'&L$?C*D&L1.%D&)%5'01
P10#%&(#&'1P1(*P0%D&4?"?&*&%(L#&'#D&0$1(?%&(#&H#$?&[&9%$9*X&0%5#&'1&)%L*.#&(#&)$.%
(1/C%L(%D&"1$1(?X&%91&'?&'"$#(1&4%0#/*)#.1&D(%C%&5?(#+")#X&#.*&'?&M$<*&9%J1&)%>1(*
%L(1.*&4%91L?&T#$%P*"%&'1&?&"%5&9%$9*&.*P(%&*'"#0#%&'#D&<#$&;%$*%&'1&0#%&0#0#)&14'0*
Y%.#(L&*.*&R0$*"#&*&'4#'#)#%&')%51&*/&(#5"1S1&'*"?#<*51&`L&81C%)1&$?01&4#.#&'?&L)%5*<#&%L
(#5C.#'%)*"*5*V&5?(#0#&'$4'01&)%5'01X&K?P*(#&*&M$L1+#&[&L)%9%5?&'&D#>#$'0*D&)%5)%L%D
;#0V*(%DX&P%)10%D&Z*(%)'0%C&'"#'#X&L%9*%&51&P#0&51L#(&'"$#V%)*"&?L#$#<&4%&C.#)*X&P*5?&51
'D$"%(%'(%'"&%L9*.#&'#D%&5#0#&0#<*C#X&0%5#&D?&'1&*4#0&9*.#&/#'10.#&?&D1'%&T#&0$#5?
'"$#+(%C&L)%9%5#&<#$&51&$#(*%&4%&$?<*&=#>#$#&*&/#$%9*%&C#&;#0V*(%)*D&4#L%D&$1+1(#&51&*
9*"0#

d#$&*/#&"%C&%L.?P*&L#&0#/(*&*&=#>#$1&T1&'#P10#)+*&N.%"1X&0%5#&51&*+.#&?/&-?(#)X&%(&51&?4#%
2&C%L&?&!$1DX&%4.1(*%&C#&*&?/1%&\1D?(&=#>#$'0#&)%5'0#X&0%5#&51&L%+.#&4$%"*)&81C#&4%L
;1.?+1DX&(*51&'D1.#&L#&'1&?4?'"*&?&9%$9?X&(1C%&51&D#(1)$*'#.#&4$1D#&;$#(*P1)?X&D%SL#&'#
(#D1$%D&L#&/#>1&K*/#("*(<*D#&/#&.1>#&d#$&'1&%LD#V&?4?"*&"#D%X&#.*&(1&L%>1&L%&9%$91
U/D%$1(&*&?C$%S1(&'&5%+&51L(1&'"$#(1&%(&51&4%(?L*%&D*$X&L#&9*&4$*0?4*%&(%)1&'(#C1&E2A
C%LG&=#>#$*X&%V$#9$1(*&81C%)*D&4%).#P181DX&'4$1D*+1&'1&L%9$%&*&2 &C%L&4$1>%+1&'#D*
?&(#4#L#5&[/&8*V&'?&*+.1&'#)1/(*P01&P1"1&_1V#X&(1+"%&'#'0*V&4.#Q1(*0#&*&9%'#('0*&9#(
;%$*QX&P*51&*D1&'$1"#D%&'#L&4$)*&4?"&[&(#?<*&51&9*.%&L%'"#&$#'4$1&%&"%D&?&0#0)%D&51
')%5'")?&?P1'")%)#%&;%$*Q&?&%)%D&$#"?&B*(#DX&*'"*(#X&0#S1&L#&51&*+#%&?/&=#>#$1&ž ­’
¦˜””œ›•˜’X&#.*&'#D&4%V%L&?&"?&L#.10?&/1DJ?X&4$%4?+"#81&=#>#$#&4$10%&9%'#('0%C&4%L$?P5#
?&4$%+.%D&$#"?X&*&P*81(*<#&L#&51&;%$*Q&9*%&4%$10.%D&*/&!.#)%(*51&*&91/&0%$1(#&?&;%'(*
C%)%$1&5#'(%&/#&"%X&L#&51&L1.%)#%&'#D%&0#%&D#>#$'0*&)#/#. &!#)1/(*<*&'?&*&%)%C&4?"#
0$1(?.*&(#&;$#(*P1)%&d#$X&(1D#5?Q*&8*D#&$#)(?&)%5'0?X&'4$1D*%&'1&(#&%L9$#(?X&#.*&51
V$#9$*%&;$#(*P1)<1X&%91Q#)#5?Q*&*D&'0%$*&'*C?$#(&'4#'&O1L(%&4*'D%&"#0)%C&'#L$S#5#&D1'"%
?&C$#L&;$#(*P1)%&4#.%&51&?&D#>#$'0*&"#9%$&*&*/#/)#.%&"#D%&)1.*0?&/#9?(?&*&'"$#V&;*.%&51
)1$%)#"(%X&4%&'"#$%5&"#0"*<*X&*&9#P1(%&'&"%D&(#D1$%D&`4'#>*)#P*&'&"%C#&9$/%&%'"#)*+1
;$#(*P1)%X&#.*&0#0%&/9%C&(#L%+.1&)%L1&(1&D%C#V?&4$1Q*&-?(#)&?4?"*+1&'1&4$1D#&;1%C$#L?X
L#&4$1>?&!#)?&;%'#(<*&4%>%+1&')%5%5&0?Q*&d#$&%L)%5*&51L#(&L1%&)%5'01&L#&*V&4$%C%(*&R.*
D1'"%&(#&;%'#(<1&"#&)%5'0#&(#*>1&(#&=#>#$1&*&9*&4%"4?(%&4%$#S1(#&=#.%&*/#&"%C#
%9?'"#)J1(%&51&$#"%)#81&(#&%91&'"$#(1 
[&=#>#$'0%5&'?&(10%&)$1D1&4%'.1&"%C#&(#'"#.1&L*(#'"*P01&'D?"81&3%'.1&'D$"*&0$#J#&M15/1
Eß,G&*&81C%)#&9$#"#&b#L*'.#)#&Eß,AGX&0%C#&51&(#&4$1'"%&L%)1%&<#$&=#(%5.%X&9%$9#&%
).#'"&?/*D#&)$.%&%4#01&$#/D1$1&-$?C*&)*/#("*'0*&+"*Q1(*0X&!"1)#(X&9$#"&M15/*(X&(1&D%S1
L#&'1&%L$S*&?&/1DJ*X&#&0$?(?&L%9*5#X&'&D?0%DX&M15/*(&'*(&!"1)#(&Ia&\#&)$1D1&"*V&9%$9*&9#(
;%$*Q&51X&'&*/)1'(*D&L$?C*D&'?'1L(*D&)1.*0#+*D#X&*/&'"$#V#&%L&K*/#("*51X&L$S#%&'"$#(?
81(%C&+"*Q1(*0#X&*'"%&0#%&*&'"#$*&;1.?+X&0%5*&51&?&"%&)$1D1&9#(&:$)#"'01&3%'.1&4%91L1
!"1)#(#&Ia&;1.?+?&(1'"#&'4%D1(#&U'"%&"#0%&D#>#$'0*&'1&0$#J&%')1"*%&*&9#(?&;%$*Q?X
4%'.#)+*&(#&8&'&)%5'0%D&(1D#P0%C&)*"1/#&M%"N$*L#X&$%L%(#P1.(*0#&4%$%L*<1&B1.#L&O1L#(


 

 @6
0#'(*5*&*/)%$&4%D*81X&L#&51&9%'#('0*&)%>#&EG&9*%&4%"?P1(&*&L#&51&M%"N$*L&$#L*&')%C
?'41V#&4%'"#%&D*J1(*0&0$#J#&!"1)#(#&H%&51&9*.%&%0%&,A&C%L*(1&=%SL#&51&"%D
4$*.*0%D&L%+#%&?&;%'(?&*&0(1/&B%"$%D#(X&$%L%(#P1.(*0&0?Q1&B%"$%D#(*Q#&0%5#&Q1&4%'.1
).#L#"*&"%D&/1DJ%D&`(&'1&,A&C%L&'4%D*81&?&4$#"8*&0$#J#&!"1)#(#&?&!4.*"?
-?9$%)#P01&91.1+01&0#S?X&L#&51&$%L%(#P1.(*0&B%"$%D#(*Q#X&† &sX&L%+#%&?
;%'(?&*/&=#>#$'01&0#%&$%>#0&D#>#$'0%C&0$#J#&=%SL#&'?X&4%+"%&'?&%9%$*.*&9#(#&;%$*Q#&0#%
(14$*5#"1J#&0$#J1)#X&M%"N$*L&*&=#>#$*&%'"#)*.*&B%"$%D#(#&0#%&0$#J1)#&(#D1'(*0#&*.*&?
<1.%5&;%'(*&*.*&?&51L(%D&81(%D&L1.?&;#(&;%$*Q&51&?0.%81(&*/&;%'(1&4%'.1&%)1&0$#J1)1
4%91L1&;*%&51&5%+&*&"#L&(1'?D8*)%&D.#L&P%)10X&4%+"%&'1&81C%)*&'*(%)*X&4$*.*P(%&9%$91(*X
5#)J#5?&5%+&27&*&2&C%L&(#&')%5*D&4%$%L*P(*D&L%9$*D#&0%L&3%S1C1&K$.%&51
)1$%)#"(%&L#&'1&*&9#(&;%$*Q&4%)?0#%&(#&"#&L%9$#&4%'.1&')%C&(1?'41V#&?&;%'(*&]1C%)#
D(%C%9$%5(#&4%$%L*<#&4%D*81&'1&?&4%S1+0%5&S?4#(*5*&L%&^a&)10#&*&'"#.(%&'1&V)#.*.#&L#&51
%L&81C%)#&$%L#&`L&81C#&'?&4%"*<#.*&;1$*'.#)*Q*X&#&'&;%$*Q1D&51&?&$%L?&9*.#&*&0?Q#
B%"$%D#(*Q#
[&Y#+0%5&51&).#L#%&?&"%&)$1D1X&'&4$10*L*D#X&)1.*0*&S?4#(&-1'#X&'*(&)1.*0%C&S?4#(#&[$%+#X
P%)10&)1Q1&#0"*)(%'"*&*&4%'.1&K?0#(#&(%)*&/#P1"(*0&"$#5(*51C&'")#$#8#&$#+01&4$1).#'"*
`(&51&4$1&"%C#&*D#%&)1$%)#"(%&4%L&'%9%D&\#V?DJ1&`L#".1X&4$%L$%&51&4%&4%/*)?&*&?&\1"?&%0%
27&C%LX&CL1&'?&J?L*&9*.*&(1/#L%)%J(*&).#L%D&0(1/#&Y#L%'.#)#X&*&%')%5*%&51&/#51L(%&'
H$19*81D&-?0J#('0#&:$%(*0#X&P*5*&51&4*'#<&(#&'"$#(*&Y#L%'.#)J1)%5X&0#S1X&L#&'?&J?L*X
4%'.1&4%)$#"0#&Y#L%'.#)J1)#&%L&<#$#&=#(%5.#X&?'"#.*&(#&8&*&FL%)1.*F&E G&-1'?&*
4$1L#.*&D?&\1"?&*&H$19*81&3%&')%5&4$*.*<*X&?'"#(#0&*&-1'*(&?'41V&$1/?."#"&'?
Y#L%'.#)J1)1&)*/#("%N*.'01&4%.*"*01&*&D1"1S#&*/#/)#(*V&$#"%)#81D&%L& 27&C%L&[
"1+0*D&9%$9#D#&Y#L%'.#)&51&51L)#&%L$S#%&%(#5&?'0*&4$*D%$'0*&4%5#'&*/D1>?&B%"%$#&*
!0#L$#&UD#&)1'"*&L#&51&-1'*(#&).#'"&%9?V)#"#.#&*&(101&%"%01X&4%'19(%&=J1"&`)#5&%"%0&%(&51
2&C%L&?'"?4*%&;%C%$%L*P*(%D&D#(#'"*$?&?&3?J#(?X&?&R4?.*5*&\#&)$1D1&D1"1S#&?
9%$9*&?&[C#$'0%5&%(&51X&*#0%&)#/#.&<#$1)X&+?$%)#%&'&=#>#$*D#&H%&C#&L%)1L1&?&'?0%9&'&<#$1DX
0%5*&C#&L#L1&/#")%$*"*&*&4%'.#"*&?&d#$*C$#L&H#L#&'1X&4%$1L&L$?C*V&"#0D#<#&/#&4$1'"%X&5#)J#
*&T1D#8#
B#L&'?&=#>#$*&4%0?+#.*&L#&'4$1P1&(%)*D&$#"%D&D1+#81&K*/#("*51&?&8*V%)1&?(?"$#+81
'")#$*&*&'?/9*5#81&81C%)#&?"*<#5#&(#&;#.0#(?&0$1(?%&51&<#$&.*P(%&4$%"*)&8*V&?&'#D?
=#>#$'0?X&#&81C%)&)%5)%L#&O%)#(&-?0#&?+#%&51&'&L$?C%D&)%5'0%D&4$10%&Y#+01&?&;%'(?&*
-#.D#<*5?&;1/&)1.*0%C&%"4%$#&?/1.#&51&)*/#("*'0#&)%5'0#&"#D%&26&C$#L%)#X&'#&!4.*"%DX
e*91(*0%DX&!0$#L*(%D&*&P#0&-?0J%D&(#&5?C?X&#&4%0%$*.#&51&D1>?&%'"#.*D#&*&D%Q(%&4.1D1
B#P*Q#&?&(1$1")#('0%5&B$#5*(*&3%'.1&"#0)%C&C$P0%C&?'41V#X&,2&C%LX&=#>#$*&'?&9*.*
4$*(?>1(*&L#&'0.%41&D*$&B#%&C$P0*&/#4%)1L(*0&5?S(1&-#.D#<*51&*&-?0J1&4%D*81&'1&0*$
U/#(#<*51X&#&0#%&C$P0*&(#D1'(*0&-#.D#<*51&T*Q*N%$&:#.?N#&[&!$1D?&*&'?'1L(*D
%9.#'"*D#&<#$&51&%'"#)*%&0#%&C%'4%L#$1&')%C&'$%L(*0#&B%('"#("*(#&R(>1.#&*&K#'*.*5#
H$*4'*V#&!#')*D&51&9.*/?&4#D1"*X&L#&(*&;%'(#&(*51&D%C.#&%'"#"*&4%+"1>1(#&!#D%&51
=#(%5.%&*&?&8%5X&0#%&*&?&!$9*5*X&%'"#)*%&"#D%+81&C%'4%L#$1&L#&).#L#5?&4%L&81C%)%D
)$V%)(%D&?4$#)%D&;#$&%&)*/#("*'0%D&?4$#)(*0?&?&;%'(*&(1D#&(*0#0)#&"$#C#
3%$1L&=#>#$#&C.#)(*&4$%"*)(*0&)*/#("*'0%C&/#)%51)#8#&4%'"#L%+1&=.1<*&U/&.#0%
4%5DJ*)*V&$#/.%C#&%(*&'?&4$10%&%0#&4%'D#"$#.*&)*/#("*'0%&?P)$+Q*)#81&(#&P*"#)%5
*'"%P(%5&%9#.*&O#L$#(#i&#&0#L&'1&=#(%5.%&4%P1%&L#&?P)$+Q?51&*&%0%&O#0*(#X&(#&L$?C%5&'"$#(*X
%(*&'?&(#+.*&L#&51&(#'"#.#&(14%'$1L(#&%4#'(%'"&*&/#&8*V%)?&"$C%)*(?&*&/#&8*V%)&'.%9%L#(
4$%D1"&`(*&'&"%C#&?.#/1&?&'#)1/&'#&=#>#$*D#X&#&"$#S1&L%L*$#&*&'#&!$9*D#&H%&%C%$P#)#&<#$#
*&%(&51L(%C&L#(#X&&D#$"#&6X&(#$1>?51&L#&'1&4%V)#"#5?&*&/#")%$1&')*&D.1"#P0*&"$C%)<*&?
81C%)%5&L$S#)*X&#&*D#81&L#&*D&'1&0%(N*'0?51&=.1<*&(#&"%&4%P1+1&$#"&;$/%X&'&5#0%D
N.%"%DX&%(*&?/1+1&H$%C*$&*&-?9$%)(*0&`L#)L1&'?X&(1'?D8*)%X&L1.%)#.*&S*)J1&L#&*&!$91
0$1(?&?&#0<*5?&T1D#8#X&L%*'"#X&4$*'"#51&(#&'#$#L8?&*&4%P*81&4$%L*$#81&'&51L(1&'"$#(1
4$1D#&3$*D%$5?X&4%'19(%&4$1D#&B%"%$?X&#&'&L$?C1&4$1D#&D%$#)'0%5&L%.*(*&=1>?"*DX
=.1P*Q*&'?&'"$#L#.*&?&*'"%P(*D&)%L#D#X&#&=#>#$*&'1&%)%C&4?"#&.#0%&(#C%L*+1&'&M$<*D#X


 

 @@
4$*D*+1&%L&8*V&/#&0$#J#&;1.?X&0%5*&'1&?&d#$*C$#L?&4$10$'"*%&?&R.10'*5#X&*&%'"#)*+1&"#0%
T1D#8?X&L#&'#D&4$*D*&C$P0*&?L#$#<&[&(1)%J*X&T1D#8#&'1&'4#'#%&"1S1&%')1"1&'#D%&"*DX&+"%
'1&4%"4?(%&4%(*/*%&*&4$*'"#%&L#&?(*S1(&?0$#'*&<#$1)&4%91L(*&"$*?DN&?&d#$*C$#L?
[&\#V?DJ?&51&).#L#%X&4$*/(#5?Q*&)$V%)(?&).#'"&T1D#8*(?X&81C%)&9$#"&=*$%'.#)X&%'(*)#P
D#(#'"*$#&!)&31"$#&(#&b*D?&\#&S1(?&51&*D#%&'1'"$?&9%'#('0%C&9#(#&B?.*(#X&0%5*&51
(#'"#)*%&'"#$1&)1/1&'#&$#+0%D&L*(#'"*5%D&[&O#L$#('0%D&=%$?&4*$#"1$*5#&51&?&"%&)$1D1
4%(%)%&?/1.#&D#V#i&66&C%L&9*%&51&%4J#P0#(&P#0&51L#(&4#4*(&.1C#"&=#.%&L%<(*51X&C%L
6X&4$*"*'.*&'?&B#P*Q*&(10#&L%9$#&?&!$*8*(#D#X&0%5#&'?&4$*4#L#.#&'4.*"'0%5&<$0)*&*
(*'?&*V&)$#Q#.*X&*#0%&51&'#D&<#$&(#$1>*)#%&L#&"%&?P*(1&B#L&51&'4.*"'0*&(#L9*'0?4
Y#5(1$*51X&'&4$*'"#(%D&<#$'0%C&(#D1'(*0#X&4%+#%&(#&.*<1&D1'"#&L#&?$1>?51&?&"%D&4*"#8?X
(#'"#&$#'4$#&*/D1>?&81C#&*&B#P*Q#&*&%)*&C#&0#D1(%)#+1&?&#)C?'"?&@7&FO%+&*&L#(#'
%/(#P#)#&<$0)*<#&!)&R$(1$#&D1'"%&"%C#&(1L1.#F&;%51Q*&'1&0#/(1&%(*&/#"$#S*+1&/#+"*"1
0%L&=*$%'.#)#&=*$%'.#)&'1&'"#)*%&(#&8*V%)?X&'"$#(?X&#.*&)*+1&$#L*&')%51&0%$*'"*&3#4*(#
.1C#"#&H1%9#.L#&(*51&?%4+"1&V"1%&(*&4$*D*"*X&(*&%LC%)%$*"*&4#4*(*D&/#V"1)*D#X&L#&)$#"*
(%)#<&'4.*"'0%C&(#L9*'0?4#X&0%5*&51&81D?&L%4#%&K*L1Q*&"%.*0?&?4%$(%'"&4#4#&51&?4?"*%
@&C%L&51L(%&4*'D%X&D#>#$'0%D&0$#J?&;1.*X&L#&(#"1$#&=*$%'.#)#&(#&(#0(#L?&*&4%0%$(%'"
!#D%D&=*$%'.#)?&L#%&51&(#4*'#"*&51L(%&4*'D%X&?&0%D&D?&51X&D1>?&%'"#.*DX&4$19#<*)#%&5%+&*
"%X&L#&(1&L#&'.%9%L(%&?$1L*"*&%(#&D1'"#X&CL1&'?&(10#L&4%'"%5#.#&0#"1L$#.(#&'1L*+"#&U/&"%C
4*'D#X&0%51&51&*/&(14%/(#"*V&$#/.%C#X&%'"#.%&(14%'.#"%X&'#/(#51D%X&L#&C#&51&4#4*(&.1C#"X
$#SJ?Q1(&=*$%'.#)J1)*D&4%'"?40%DX&*/%4+"*%&*/&<$0)1&=*$%'.#)&'*C?$(%&(*51
*/D1(*%&L$S#81&!D$"&<#$#&=#(%5.#&Eß &'14"1D9$#&@7G&L%(1.#&51&"%.*0%&(%)*V&4%"$1'#
*&"#0)?&*/D1(?&%4+"1C&4%.%S#5#X&L#&51&%(&*D#%&4$1P*V&9$*C#&*&(14%'$1L(*5*V&4*"#8#




U'"1&"1&C%L*(1&0#L&51&?D$%&D%Q(*&)*/#("*'0*&<#$&5#)J#&'1&*&4$)#&4%?/L#(#&)1'"&%&9#(?
B?.*(?&H1&C%L*(1&?4?"*%&D?&51&4*'D%&H1%9#.LX&)1Q&4%D*8#(*&4#4*('0*&.1C#"&*&4%L>#0%(
$*D'01&<$0)1X&S#.1Q*&+"%&(*51&D%C#%&L%Q*&L#&C#&.*P(%&)*L*&*&L#&D?&4$1L#&4*'D%&4#4*(%X
(1C%&"%&P*(*&4%'$1L(%&*&D%.1Q*&C#X&?&*'"*&D#VX&L#&D?&4%+#J1&L)1&'.?C1&*&0%S#&%L&0?(#X&F 
  &  &r &
 &&  &&& &
 & &
 F &3*'D%&51&#L$1'%)#(%
F† && &l
FX&*#0%&'1&%(&'#D&/%)1&'#D%&9#(¯&9%'¯(¯'0*&*&9#(¯&B%?.*(¯
&U/
'#D%C&"10'"#&4*'D#&(1&'.1L*X&#.*&51&)$.%&)1$%)#"(%X&L#&51&B?.*(&*&%L&$#(*51&9*%&9#(&*&L#
"*"?.1X&0%51&D?&'1&?&4*'D?&L#5?&E
&&
& GX&(*'?&'#D%&'")#$&"$#L*<*%(#.(1
?P"*)%'"*
!D$"&<#$#&=#(%5.#&L%(1.#&51&%'1"(%&%.#0+#81&')*D#&81C%)*D&4$%"*)(*<*D#&T#'.1L(*0
81C%)&R.10'*51&9*%&51&5%+&D#.%.1"#(&T#&L)%$?&4%P1+1&%LD#V&'4.1"01&*&9%$91&0%&Q1&4%'"#"*
$1C1("&*&?&D1"1S?X&0%5*&"#0)1&*("$*C1&4%).#P1&/#&'%9%DX&/#9%$#)J1(*&'?&D(%C*&)#S(*
L$S#)(*&*("1$1'* &3%'.1&)*+1&%L&C%L*(1&L#(#&'4.1"0#$18#&).#'"&51&?C$#9*%&<#$1)&$%>#0
R(L$%(*0&B%D(*(X&4?'"%.%)&*&P%)10&91/&*D#.%&'0$?4?.#&_*D&'?&'?'1L(1&L$S#)1&%'1"*.1X&L#
51&4$1'"#%&4$*"*'#0&5#01&=#(%5.%)1&.*P(%'"*&*&0#L&'?&)*L1.1&$#'"$%5'")%&?&d#$*C$#L?X
4$1C%+1&%LD#V&L#&'#&'191&/9#<1&)*/#("*'0*&5#$#D&*&L#&*'0%$*'"1&(1)%J1&<#$'")#&/#&')%51
5#P#81&3%&'#D%5&4$*$%L*&'")#$*&(#>%+1&'1&?&/#51L(*<*&'"#$*&(14$*5#"1J*&K*/#("*51&!$9*X
=#>#$*&*&T%$D#(*&`LD#V&?&/*D?&@7@&/#?/1.*&'?&=#>#$*&'1)1$(?&-#.D#<*5?X&#&D#.%
L%<(*51&!$1D&[&'#)1/?&'#&T1D#8%DX&#&4%D#C#(&*&%L&B?.*(#X&0%5*&51&4%'"#%&)#/#.&[C#$'01&4%
%'.%9%>18?&-#.D#<*51X&D#>#$'0*&0$#J&4%P*81&@@A&)1.*0?&%N#(/*)?&4$%"*)
K*/#("*51X&*&"%&%41"&?&D%$#)'0%5&L%.*(*&\#)#>1(1&)*/#("*'01&)%5)%L1&(1&L#L%+1&L%)%J(%C
%"4%$#&*&"#0%&'#)1/(*P0#&)%5'0#&4.1(1Q*&4$%L$*51&')1&L%&!%N*51&3.1(%D&'"1P1(*D&?&"%D
4%V%L?X&?&0?P1)'0%D&\#C%$5?X&9%'#('0*&9#(&B?.*(&'#/*L#%&51&L)1&<$0)1&*&L#%&*V&4%')1"*"*
@2&C%L*(1 
[&"%D&$#"%)#8?&(#5)*+1&51&%5#P#%&T1D#8#&`)%D&4$*.*0%D&%(&51&/#?/1%&*&"$#5(%&/#L$S#%
P*"#)?&\1"?&*&5?S(?&-#.D#<*5?&3%'.1L8*&/1"'0*&).#L#.#<X&0(1/&=*V#*.%X&9*%&'1&(1+"%


 

 @
%5#P#%&*/#&-1'*(#&4#L#&*&L$S#%&51&4%$1L&\1"1&5%+&*&"$19*8'0?&%9.#'"&B%.*0%&51&"$#5#.#
9%$9#&*/D1>?&81C#&*&T1D#81&(*51&4%/(#"%i&"10&7&#)C?'"#&@&5#)J#&'1&=*V#*.%)#&?L%)*<#
-1'*'.#)#X&?&4$#"8*&9#$'0%C&#$V*14*'0%4#&M$C?$#&*&(10*V&L$?C*V&L)%$'0*V&J?L*X&0#%
91C?(*<#&?&-?9$%)(*0?X&CL1&51&4$1L#.#&%4+"*(*&L)1&.#>1 
-?9$%)(*0&'1X&D1>?"*DX&'&?'41V%D&%L?4$%&')*D#&4%0?+#5*D#&T1D#8*(1&9$#Q1X&L#&C#&%')%51
O#0*&C$#L'0*&91L1D*X&4%L*/#(*&*/$#(#X&+"*"*.*&'?&D#.?&$14?9.*0?&%L&%')#5#8#&'&0%4(#X&L%0
/#&?L#$&'&D%$#&T1D#8#&(*51&*D#%&L%)%J(1&N.%"1&3%&0#'(*5*D&L?9$%)#P0*D&V$%(*0#D#
(14$*5#"1J'")#&'?&4%P1.#&@ &C%L&*&"%&%L&'"$#(1&%9#&T1D#8*(#&9$#"#X&!"$#<*D*$#&*
=*$%'.#)#&=*$%'.#)X&(14%'$1L(*&'?'1L&L?9$%)#P0*X&*D#%&51&0%D#(L?&(#L&/#V?D'0*D
9$%L%)J1DX&'0?4J1(*D&%L&$#/(1&)$'"1&.#>*&-?9$%)P#(*&4%S?$*+1&'#&')%5%D&9%J1
%4$1DJ1(%D&N.%"%DX&L#&4%D1"?&*&$#/9*5?&:?DJ#(1&*&T1$1"J#(1&4$1&(1C%&4%'"#(?&%4#'(*&[
9*<*&0%L&3%J*<#X&4$10%&4?"#&%L&D#.%C&%'"$)#&B%.%P14#X&7&#)C?'"#X&=*$%'.#)J1)%&51
9$%L%)J1&9*.%&9$/%&$#'4$+1(%&-$?C*&9$#"X&!"$#<*D*$X&(#4#%&51&B%$P?.?X&*'0$<#)+*&'1&(#
"#5&%"%0&'#&%'"#"0%D&(1'?D8*)%&D#81C&L1.#&N.%"1&Y#/9*)+*&=*$%'.#)#&-?9$%)P#(*&4%>%+1
?&4%D%Q&B%$P?.*&*&'4#.*+1&')1&4$%"*)(*P01&.#>1&?&.?<*&!&D?0%D&51&D%C#%&!"$#<*D*$&L#&'1
)$#"*&(#"$#CX&*&"%&"10&4%&4$*'"#(0?&B%$P?.#(#X&0%5*&'?&S1.1.*&L#&'#D%&%P*'"1&%"%0&%L
(#4#L#P#&UL?Q1&C%L*(1&=*$%'.#)&51&(#4?'"*%&D*'#%&%&(#4#L#5*D#&'&D%$#&*&'#&)1.*0%D
)%5'0%D&4%+#%&51&4$%"*)&-?9$%)(*0#&'#&'?V#&R.*&')*&51L(%(1L1J(*&(#4%$*&L#&/#?/D1&")$L*
*&L%9$%&9$#81(*&C$#L&91V?&?/#.?L(*&`'1Q#5?Q*&L#&9*&*&')#&L#J#&(#'"%5#8#&%'"#.#&91/
?'41V#X&#&D%SL#&*&?4.#+1(&%L&(%$D#('01&4%D%Q*X&0%5#&'1&4$*D*<#.#X&=*$%'.#)&6&5?.#&@2
(#4?+"#&%4'#L?&*&(#'0%$%X&/#51L(%&'#&%9#&9$#"#X&'0.%4*&D*$&H#5&?C%)%$&51&4%"4*'#(&C%L*(?
L#(#&L%<(*51X&6&'14"1D9$#&@,&j?4#(&T1)L#.&*&-$?S*(#&K*L%+1)*Q&L%+.*&'?&?
-?9$%)(*0&*&"?&?")$L*.*&4%C%L91&D*$#&'#&/#'"?4(*0%D&(%$D#('01&'*<*.'01&0$#J1)*(1X&P*5?
'?&)$V%)(?&).#'"&-?9$%)P#(*&51L(%&)$1D1&4$*/(#)#.*&E@2GX&'&0(1/%D&L?9$%)#P0*D
B$)#+1D&EFs 

FG&*&#$V*14*'0%4%D&H$*9?(%D&!)#&'"#$#&(14$*5#"1J'")#&*D#5?&'1
/#9%$#)*"*i&-?9$%)P#(*&L%9*5#5?&'.%9%L(?&"$C%)*(?&4%&$#+0%5&L$S#)*X&4$#)%&*'4#+1&(#
T1D#8*(%D&4%L$?P5?&*&*'0%$*+Q#)#81&+?D1&U'"%&51&"#0%&:?DJ#(*D#&9*%&L#"&'.%9%L#(
4$%D1"&?&-?9$%)(*0? 
[&')%5%5&L?9$%)#P0%5&V$%(*<*X&0%5#&*D#&9%C#"1&*&'%.*L(1&C$#>1X&(#)%L*&O?(*51&Y#'"*QX&L#&51
"#5&?C%)%$X&+"%&C#&51&'0.%4*.#&-?9$%)#P0#&Y14?9.*0#&'&T1D#8%D&*&81C%)%D&9$#Q%D&9*%&%L
)1.*0#&D%$#.(%C&?"*<#5#&?&'.%)1('0*D&'"$#(#D#&*&L#&D?&51&%L510&*&B?.*(%)&?C%)%$X&0%5*&%(
4%C$1+(%&'"#)J#&?&@@&M%L*(? &;#(&B?.*(&'0.%4*%&51&&#)C?'"#&@&"$C%)#P0*
?C%)%$&'#&-?9$%)#P0%D&Y14?9.*0%D&`9)1/#%&'1&0(1/?&B$)#+?&*&')*D&C$#>#(*D#&Y14?9.*01X
L#&Q1*D9*"*&4$#)*&4$*5#"1J&F%L¯&'1.¯&*&L%&)0#FX&L#&'.%9%L(%&4?+"#&L?9$%)#P01&"$C%)<1
F4%&D%àD?&).#L#(*ÛF&91/&L#(#0#X&F$#/&&& 
&L#&')%*%)&)%.%)&4%0.%(F*&L#&Q1&*D
?&')1D?&*Q*&(#&$?0?&\#0.1%&'1&4$*&"%D&(#&F')1"%&1)#(>1J1F &UD#&)1'"*X&0%51&(*'?
4%")$>1(1&(*0#0)*D&'#)$1D1(*D&*/)%$%DX&L#&'?&/#&B?.*(%)#&)$1D1(#&L%+.*&4$)*&$?L#$*&*/
-?9$%)(*0#&?&;%'(?&U&e%4$%(&51&/#91.1S*%&4$1L#81&*&L#&*D1&;.#S?5#&L%.#/*&4%&<$0)*&!)
;.#S#X&0%5?&L#&'?&-?9$%)P#(*&"?&4%L*C.* &U'"%P(%&%L&K*'%0%C&4%'"%5#%&51&C$#L
-?9$%)(*0X&/#&0%5*&'1&4$*P#&L#&'?&C#&"%9%S1&4%L*C.*&-?9$%)P#(*&$#L*&')%5*V&"$C%)#P0*V
4%"$19# &H#&4$*P#8#&'#D%&'?&51L(#&)$'"#&4$*D1$#&/#&L%0#/&%&'"#$*(*&L?9$%)#P0%
9%'#('0*V&)1/#X&0%51&'?&L%*'"#&4%P1.1&)$.%&$#(%
3$1D#&"%5&4%D1(?"%5&4%)1J*&K&B.#5*Q&/#0J?P?51X&L#&51&B?.*(&"#L#&9*%&F
&
& F
V$*+Q#('01&)1$1X&*&"%&4%&')%5&4$*.*<*&0#"%.*P01X&4%+"%&9$%5*&C%L*(1&%L&$%>18#
:$*'"%)# &T#D#&'1&"%&/#0J?P*)#81&(1&P*(*&*'4$#)(%X&*&"%&*/&%)*V&$#/.%C#&H%X&+"%&%(
L#51&'.%9%L1&L?9$%)#P0*D&"$C%)<*D#&*&%91Q#)#&4$*5#"1J'")%X&(*51&(*D#.%&5#0&L%0#/X&L#&51&%(
F4%')1&(1%L)*'#(F&U&R(L$*5#X&)1.*0*&0(1/&V?D'0*X&0.1%&'1&*'"%&"#0%&-?9$%)P#(*D#&*
8*V%)?&0(1/?&j#(&-#(L%.?X&L#&Q1&*D#"*&'&8*D#&D*$X&P#0X&F0#0%&'?&*&D%*&'"#$&*D#.*&'
)#+*D*&'"#$*+*D*&?&'"#$|&/#0%(¯F&*&L#&*D&51&F%")%$1(#&/1D.#&D%FX
&4#&*4#0X&/(#5?Q*&/#
81C%)?&/#)*'(%'"&%L&'$4'0%C&0$#J#X&(1&D%S1D%&(#&%'(%)?&"%C#&$1Q*X&L#&51&9*%&F4%')1
(1%L)*'#(F&&D#5#&2 &0.1%&'1&-?9$%)P#(*D#&*&V?D'0*&S?4#(&Y#L%'.#)X&*&%(*&81D?X&(#


 

 7
)1P(*&D*$&!0.%4*%&51&P#0&'&8*D#&'#)1/&4$%"*)&0$#J#&[$%+#&*&%91Q#%&*D&/#+"*"?&"$C%)*(1X
*#0%&'#D&/#&'1&0#S1X&L#&51&F)$¯(¯&0.1"¯)1(*0¯&C%'4%L*(?&0$#.?&?C¯$¯'0%D?F &U'"%&"#0%
/(#D%&/#&-?9$%)(*0X&L#&"#L#&(*51&9*%&(1/#)*'#(X&4#&)*L*D%X&L#&*4#0&4$*D#&?C%)#$#81&'
9#(%D&*&B?.*(&'1&/#0.*81&'#D%&81C%)?&0(1/?&H%&'?&'*"(*5*&?C%)%$*&?(?"$#+81&4$*$%L1X
0#0)*V&*D#&)$.%&P1'"%&P#0&*&*/D1>?&4%51L*(*V&C$#L'0*V&%4+"*(#&E(4$&*/D1>?&!4.*"#&*
H$%C*$#GX&?&%0)*$?&*/)1'(*V&#?"%(%D*5#&-#&B?.*(&(*51&9*%&4%"4?(%&'.%9%L#(&/#0J?P?51&'1
*/&%)*V&D%D1(#"#X&4%&(#+1D&D*+J18?&D(%C%&)#S(*5*V&\(#5?Q*&(1'?D8*)%&%L(%+#51&?&')%D
'?'1L'")?&*&?&4%C.1L?&L$S#)(%4$#)(%Di&0#%&*&?&4%.*"*P0%DX&T1D#8*(&'*(&K?0#(X&C%'4%L#$
\1"1X&?&')%D&4*'D?&4#4*&U(%Q1("*5?&77&C%L&*/$*P(%&)1.*X&L#&51&;%'(#&F & 
&½ F
*&L#&D#>#$'0*&0$#J&*D#&L#&?)%L*&$1L&?&8%5&K?0#(&(#C.#+#)#&$1P*X&L#&"$19#&4%/)#"*&0$#J#X
L#&51$1"*01&*'"$19*&QHUKYIABSAQ
&=%C.%&9*&'1&$1Q*X&D%SL#X&L#&K?0#(&(#$%P*"%&4$*0#/?51
'")#$&$*D'0%5&0?$*5*&"#0%X&L#&9*&%)#&4%"#0.#&=#>#$1&4$%"*)&B?.*(#&R.*X&D*&Q1D%&)*L1"*X&L#
'1&D#>#$'0*&0$#J&L%*'"#&4%(#+#&0#%&%(#5X&0%5*&*D#&4$#)%&L#&'1&D1+#&?&9%'#('01&'")#$*&*X
+"%&51&5%+&)#S(*51X&L#&*&'#D&B?.*(&4$*/(#51&"%&4$#)%&B#L&')$+#)#&')%51&4%'.%)1&'&8*D
4#4*(&.1C#"&*L1&D#>#$'0%D&0$#J?X&L#&"#5&L%C%)%$&?")$L*X&#&B?.*(%)&'*(X&?&*D1&%<#X&4$*D#
%9#)1/1&4$1L&.*<1D&D#>#$'0%C&0$#J#&*&4$*'"#51X&L#&4%.#&C.%91&4.#"*&81D?X&#0%&4$10$+*
?"#(#P181&[%'"#.%DX&B?.*(%)&%L(%+#5&4$1D#&=#>#$*D#&(*51&(%)&U&81C%)&4$1"V%L(*0X&9#(
;%$*QX&N*C?$*'#%&51&D1>?&F   
&  F&*&9*%&51&8*V%)&)#/#.&3$1D#&"%D1&(#+1&51
?)1$181X&L#&51&B?.*(&9*%&/#)*'#(&%L&D#>#$'0%C&0$#J#&*&L#&51&?&"#0)%D&%L(%+#5?&%'"#%&L%
'D$"*
[&)1$'0%D&4%C.1L?&0#"%.*P0#&<$0)#&?&;%'(*X&4%'.1&%L)#5#8#&;%'(1&*/&/#51L(*<1&'#&\1"%DX
L%+.#&51&4%(%)%&4%L&).#'"&L?9$%)#P0%C&(#L9*'0?4#&=#>#$'0*&0$#J1)*&C.1L#.*&'?X&L#&?/&')%5
4%.*"*P0*&?"*<#5&*D#5?&?&;%'(*&*&<$0)1(*&`"?L&(#'"%5#8#&(#&4#4'0%5&0?$*5*X&L#&'1&9%'#('0#
L*51<1/#&4$*L$?S*&81(*D&<$0)1(*D&'$1L*+"*D#&H*D&9*&4%'"#.#&P)$+Q#&*&4%.*"*P0#&)1/#X
51$&9*&9*.*&L#(*&?)1"*&/#&L1.%)#81&4%"4?(%&?&L?V?&D#>#$'01&L$S#)(1&4%.*"*01&`"?L&%41"
%"4%$&?&;%'(*&4$%"*)&0#"%.*<*/D#&*D#&(#<*%(#.(*&0#$#0"1$&*&(#.#/*&?4%$*+"1&*&(#
L)%$%)*D#&).#L#$#&*&)1.*0#+#&!"%C#&'1X&'#')*D&4$*$%L(%X&L#&$#/?D1"*&*&4#'*)(%'"X&'&0%5%D
'1&?&/1DJ*&"%9%S&*'"?4#.%&4$%"*)&51$1"*0#&*&%(#&(#'"%5#8#X&L#&'1&+"%&)*+1&*/91C(1&?"*<#5?
)1$'0*V&'$1L*+"#X&0%5*D#&51&)1$#&D%C.#&9*"*&)*+1&'$1L'")%&(1C%&<*J&K1/1&'#&L?9$%)#P0%D
(#L9*'0?4*5%D&9*.1&'?&'")#$&"$#L*<*51X&#.*&/9%C&"%C#&?&*'"%&L%9#&*&L%9$%L%+#%&*/C%)%$X&L#
'1&*/91C#)#&?"*<#5?&L$?C*V&-?9$%)#P0*&(#L9*'0?4*&(*'?&*D#.*&4%.*"*P0*V&"1(L1(<*5#&*&"%
'1&)*L1.%&`"?L&'1&*&)%.1.%&%'"#"*&'&8*D#X&(1C%&'#&!4.*"%D&*&B#.%P%DX&0#0%&'?&S1.1.*
=#>#$*&U&'&"%C#&B?.*(&*&81C%)*&(#'.1L(*<*&'"#.(%&%L$S#)#5?&"1&%L(%+#51&*#0%&4%(10#L
-?9$%)(*0&(1D#&/#&L?S1&)$1D1(#&J?L*X&0%5*D#&9*&4%.%S#5&'"#)J#%&?&L?S(%'"&L#&)%L1&9$*C?
%&"*D&)1/#D#
\#(*DJ*)%&51X&L#&%&B?.*(?&(*0#0%&(1&C%)%$1&L%D#Q*&'$4'0*&9*%C$#N*X&(*"*&+"%&0#/?5?&%
81C%)%5&L$S#)(*P0%5&#0<*5*&*&)1/#D#&'#&!$9*5%D&R&"%&51&D%C.%&9*"*&#0%&(1&0%5*D&L$?C*D
4%)%L%DX&#&%(%&9#$&0%L&!"1)#(#&3$)%)1(P#(%C&"#D%X&CL1&51&C%)%$&%&K?0#(%)%5&#0<*5*&4$%"*)
81C#&M%L&77&?4?"*%&51&(#&*D1&K?0#(&4*'D%&4#4*&U(%Q1("*5?&IIIX&?&0%D&D?X&D1>?&%'"#.*DX
5#)J#X&L#&F?&/1DJ*&0$#J#&[C#$'01FX&?&;%'(*X&%')#5#&51$1'&E 

&& G&*&L#&51&'#D
l 
&E°& &! 
G&'#&S1(%D&*&'1'"$%DX&0%5#&51&9*.#&/#&4%0%5(*D&=*$%'.#)%DX
&*&'#
D(%C*D&'$%L(*<*D#&*&'#&)*+1&%L&7777&4%L#(*0#&4$1+#%&?&"?&51$1"*P0?&)1$?&=#>#$'0*
0$#J&91+1&*V&(#C(#%X&)1.*X&L#&'1&%9$#"1&4#4*X&L#&9*&9*.*&*'4*"#(*&%&')%5%5&)1$*X&#&%(*&'?&'#
*/D*+J1(*D&4*'D*D#&4%0#/#.*X&0#%&L#&*D&4#4#&%L%9$#)#&$#L&!&"%C#&D%.*X&L#&$*D'0#&0?$*5#
(#'"%5*&0%L&D#>#$'0%C&0$#J#X&L#&*V&*'"$19*&*/&')%51&L$S#)1

K?0#(%)#&L%'"#)#&*&*/)1+"#5&'4.*"'0%C&(#L9*'0?4#X&L#&51&9#(&B?.*(&L#%&?"%P*+"1
4$%C(#(*D&51$1"*<*D#&*/&!4.*"#&*&H$%C*$#X&4%"#0(?&4#4?X&L#&&%0"%9$#&77&?4?"*&4*'D%
0$#J?&fD1$*V?X&?&0%D&C#&?4%/%$*&L#&B?.*(&%")%$1(%&+"*"*&*&4%D#S1&51$1"*01&*&L#&C#
1(1$C*P(%&4%/%)1X&L#&"%D1&51L(%D&?P*(*&0$#5&;#(&*D#&%LD#V&*'"1$#"*&*/&/1DJ1&')1&51$1"*01
%L?/1)+*&*D&*D#8#X&#&#0%&"%&(1&?P*(*X&(10#&C#&0$#J&*/#C(#&(1&'#D%&*/&81C%)1&/1DJ1X&(1C%&*/
')1C#&0$#J1)'")#&?C#$'0%C&*&L#&')*D#&/#4.1(*&*D#8#



 

 
`4#'(%'"&51&/#&B?.*(#&9*.#&)1.*0#&`(&5%5&51&)1+"%&*/91C#%&(#&"#5&(#P*(X&+"%&51&'")#$
4$%L?S*%&*&')1%&(#&"1%.%+0?&L*'4?"#<*5?X&D1'"%&L#&51&%L$S*&?&"%D&"%(?&#4'%.?"(1&%'?L1
`(&51&"#0%&4#$#.*'#%&')1&*("1$)1(<*51&?&/1DJ*&*&')1&(#D1$1&4$%"*)&;%'(1X&0%51&'?&'1&D%SL#
%'1Q#.1&'&K?0#(%)1&'"$#(1&]1C%)#&51&"#0"*0#&9*.#&L%)%J(%&5#'(#&%(&(*51&V"1%&%")%$1(#
'?0%9#X&P*5*&9*&*'V%L&4%&8&9*%&)$.%&'?D8*)&*&0%5*&9*&/1DJ*&91/&4%"$191&(#(1%&)1.*01
+"1"1&T1&*/#/*)#5?Q*&(*&4#41&(*&=#>#$#&*&(1&L#5?Q*&(*&'?D81&%&')%5%5&'0.%(%'"*&L#&?P*(*
4%&8*V%)%5&S1J*X&%(&51&%"0.%(*%&%4#'(%'"&?(#4$1L&%L$1>1(1&0#/(1&*&L%9*%&51&D%C?Q(%'"*X&L#
'")#$*&?&C.#)(%D&?$1L*&'#D&T#4$#)*)+*&'1X&L#&D?&*/)1'(1&)1$'01&4%5#)1&?&/1DJ*&(*'?&5#'(1X
+"%&51&?&'")#$*&51L)#&D%C#%&9*"*&'.?P#5X&%(&51&"$#S*%&%9#)1+"18#&*&4%?01&*&"#0%&%L?/1%
4$%"*)(*<*D#&')#0*&$#/.%C&L#&4$%"*)&81C#&4%L?/D?&%+"$1&D1$1&U&')#&*("1$)1(<*5#&?&"%5
'")#$*&/#)$+*.#&'1X&D1'"%&0$)*&*&4$%C%(#X&0%5*V&51&?&'?'1L'")?&?&"%&)$1D1&9*.%&*&'?)*+1X
51L(%D&.1C#"'0%D&*'"$#C%D&*&)1+"*D&0%D4$%D*'%D
3#4#&U(%Q1("*51&?4?"*%&51&&(%)1D9$#&7&4%'.#(*<?&'4.*"'0%D&(#L9*'0?4?&;1$(#$L?&*
')%D&0#41.#(?&U)#(?&(#.#S?Q*&*D&L#&*/)$+1&%)?&D*'*5?&4#4#&'1&%9$#"*%&?C#$'0%D&0$#J?
fD1$*V?&$#L*&)1$'0*V&4$*.*0#&?&;%'(*X&#&%)#5&51&/#"$#S*%&%L&B?.*(#X&L#&')1&51$1"*01&*/#C(#
*/&/1DJ1&/#4.1(*)+*&*D&*D#8#&B?.*(&51X&*/)*8#)#5?Q*&'1X&%LC%)%$*%X&L#&%(&D*'.*X&L#&'?&"%
0#"%.*<*&#&(1&51$1"*<*X&*&L#&9*&%(&'&"%C#&4%'.#%&(101&'#D%D&4#4*X&L#&"#D%&*/.%S1&')%51
)1$%)#81X&4#&L#&*V&%(&*.*&?")$L*&?&L%9$%D&*.*&%L)$#"*&%L&/.%C&`(&51&P#0&D%.*%X&L#&4#4#
4%+#J1&(10%C&')%C&4%?/L#(*0#&?&81C%)?&/1DJ?X&L#&"#5&*'4*"#&*&4%?P*&*&81C#&*&81C%)1&J?L1
3#4#&51&"#5&4$1L.%C&4$*D*%&*&%L$1L*%&/#&"?&D*'*5?&0#41.#(#&U)#(#X&#&L#&9*&'1&'")#$&)%L*.#
*'4$#)(*51&*D#%&'1&4$*L$?S*"*&*&(#L9*'0?4&;1$(#$LX&0#%&'?'1L&9%J1&4%/(#"&'#&4$*.*0#D#
`(*&'?&*D#.*&4%'"?4#"*X&& & &&
   &*&?4%"$19*"*&')1X&L#&51$1"*01X&#0%
*V&(#>?&*&%)*&(1&V"1L(?&%L$1Q*&'1&/#9.?L#X&?P*(1&91/%4#'(*D&4%&)1$?

3#4*(%5&%L$1L9*&4%0%$*%&'1&81C%)&0#41.#(&*&.1C#"&U)#(&L1&B#/1D#$*'&*&4%+#%&51&?&;%'(?X
#.*&91/&'4.*"'0%C&(#L9*'0?4#&`(&51&"#D%&4$%)1%&*'"$#C?&*&0#%&81(&$1/?."#"&'#'"#)*%&51&@
#4$*.#&7A&(#&;%.*(%D&3%J?&4*'D1(?&*/5#)?
&3$*%$*&%(*V&J?L*X&F0%5*&'D%&L%'#L
4%'19(%&4$*')#5#.*&*D1&0$'"5#(#&?&4%L$?P5?&;%'(1FX&?&4$*'?'")?&9#(#&B?.*(#X&*/5#)J?5?&L#
Q1&S*)1"*&4%&%L$1L9#D#&$*D'01&<$0)1&5#DP1Q*&/#&"%&')*D&')%5*D&4%'1L*D#&*&'")#$*D#&`(L#
(#$%P*"%&*/L)#5#5?&%)1&"#P01&%L$*P?&'1&+*/D1&*&4$*/(#5?&$*D'0?&<$0)?&FD#50?&(#+?&0#%
C.#)?&')1C#&<$0)1(%C&51L*('")#F&[&')*D#&D1'"*D#X&CL1&'?&D#(#'"*$*&9$#"*51&&‚  

&&4%L*Q*&Q1&D%.*.*+"#&E% #% #GX&CL1&Q1&'1&9$#Q#&*'0?4J#"*&(#&D%.*")1&[&')*D#
<$0)#D#&*D#Q1&%."#$1&*&0$'"%)1&*&P*"#(1&08*C1&!"#$%C&*&T%)%C&\#)1"#X&F0#%&+"%&P*(*
$*D'0#&<$0)#F&[&4%51L*(*D&D1'"*D#&*D#Q1&')1+"1(*01X&0%5*&Q1&(1L1J%D&*&4$#/(*0%D
P*"#"*&.*"?$C*5?X&*'4%)1L#"*&*&L1.*"*&4%0%$1&3%$1L&D%.*.*+"#&4%'"#)*Q1&C$%9J#&/#
9$#"'")%&*&(#D1$(*01&;#$&'1L#D&4?"#&?&C%L*(*&Q1&'1&4$*P1+Q*)#"*&j1(1&8*V%)1&)1$1&0#%
D%(#V*81&9*Q1&%L1J1(1&%L&D?+0*V&*&?&'4#)#.*+"*D#&*&?&9.#C%)#.*+"*D#&*&(*51L#(&%L
9$#"*51&(1Q1&$#/C%)#$#"*&'&8*D#&(#'#D%&$#L*&P1C#&9*&D%C.#&(#'"#"*&0#0)#&'?D8#&T1Q1
4$*D#"*&?L#"*V&*&%S181(*VX&(1C%&'#D%&#0%&'1&?/&?/#5#D(*&4$*'"#(#0&%9$#"1&*&%91Q#5?
?/L$SJ*)%'"&!.#)*Q1&')1<1&%L$1>1(1&%L&<$0)1&T*0%C&)*+1&')1'(%&(1Q1&4$*D*"*&0%&51
D#(*V15&*.*&51$1"*0&L#&'&8*D#&'"#(?51&_#0&Q1&'1&*&%L1.%D&$#/.*0%)#"*&%L&%'"#.*V&D*$5#(#
(1Q1&)*+1&(%'*"*&%L1.%&?&9%5*&*&*D#Q1&$#'1&')1&L%&P.#(#0#&T1Q1&'1&)*+1&/)#"*& .
(1C%&9$#Q#X&F&
  & 
&
&†
 
&   & ‚  F&B#L&*D&?D$1&D#C*'"1$
4$*%$*&Q1&?)10&'#&'#)1"%D&%'"#.1&9$#Q1&9*$#"*&4$1.#"#&0%C#&Q1&4%")$>*)#"*&'#D%&4#4#&FR
#0%&9*&+"%&L$?C%&$*D'0#&<$0)#&*D#.#&L%L#"*&*.*&%L?/1"*X&'&4%(*/(%+Q?&Q1D%&4$*D*"*&*
4#/*"*F&R0"&'?&4%"4*'#.#&?/&9#(#&B?.*(#&*&=#$*(#&L?9$%)#P0%C&#$V*>#0%(#&5%+&%)#&.*<#
-$#C*QX&h?91(X&;$C1J#X&3$*9*+X&h?9*(X&Y#L%+&*&K.#L%+&[4#L#5?&?&%P*&P*'"%&(#$%L'0#
*D1(#&%)*V&4%"4*'(*0#X&*#0%&51&L%9#$&9$%5&8*V%)X&#0%&(1&')*X&4$*4#L#%&')1+"1(*P0%D
'"#.1S?&O1$X&)*L*&'1X&%)#&*/5#)#&4%"*P1&*/&0$?C%)#&)%L1Q*V&.*<#&9%'#('01&<$0)1
3%'.1&"%C#&'?&h?9*(&*&;$C1"#X&4%&4$*'"#(0?&9#(%)%D&*&')1&9$#Q1X&'#&U)#(%D&0#41.#(%D
%"*+.*&0$#J?&fD1$*V?X&*&4$1L&8*DX&?&4$*'?'")?&0#.%P0%C&(#L9*'0?4#&U)#(#&*&41P?5'0%C
9*'0?4#&B#.#(#X&4%.%S*.*&/#0.1")?&(#&"1&%L.?01&*&%9#)1/?&L#&Q1&%L$S#)#"*&0#"%.*P0?&)1$?&*


 

 
F#0%&9*&*&L$?C%&+"%&V"1.#&%&(#D#&%L$1L*"*&$*D'0#&<$0)#F&H%&51&4%"4*'#(%&A7&#4$*.#&(#
%"%0?&_141.?&H1&%L.?01&L#%&51&0$#J&fD1$*V&*&B?.*(%)?&'*(?X&F0%5*&"#L#&91+1&0%L&(#'FX

'#&/#V"1)%D&L#&'1&*&%(&%9#)1S1&(#&8*V&*&(#&L$?C%&+"%&9*&D?&$*D'0#&'"%.*<#&?4?"*.#&`)#5&51
(#&"%&4$*'"#%&*&?&'.?P#5?X&L#&9*&')1'(%&"$41%&51$1"*01X&%9)1/#%&'1&4.#"*"*&V*J#L?&D#$#0#
'$19$#X&%L&0%5*V&9*&4%.#&*+.%&4#4*X&#&4%.#&0$#J1)'0%D&N*'0?

-&3$%V#'0#&51&(#.#/*%X&L#&'1&*L1&4$1L#.10%X&#0%&'1&F y&
&¿  &‡&& &t & 
&
&&

&
& && 
& &
 &  &p X
y ¿X&&& &t & &&THZHV&
 &½&
& &y
&& & ¿& 
&¿ &&Ç &
 & & y  &&&ˆ&&l&t &
¿ &¿ & 
&

&
 X& && &
  & &y F

&3%'.1&%(%CX&+"%&'D%&$#(*51
$10.*&%&B?.*(%)?X&%L(%'(%&9%'#('0%D&%L(%+#5?&4$1D#&=#>#$*D#&?&"%&L%9#X&D*&(1D#D%&+"#
)*+1&L#&L%L#D%&`)%&51&'#D%&D?L$%)#81&(#&%'(%)?&51L(1&4$1"4%'"#)01X&0%5#&(*&'#D#&4%&'19*
(1&9*&9*.#&D(%C%&)1$%)#"(#X&#&5%+&51&D#81&?&)1/*&'#&')*D#&%'"#.*D&D%D1("*D#X&0%5*&'1&*D#5?
?/1"*&?&%9/*$&O1$X&#0%&9*&B?.*(&%L&'.%9%L(1&)%J1&*&*+#%&L#&"%&F(#5#)*F&0%D&'?'1L(%D
).#L#$?X&%(&9*&'1&D%C#%X&4$10%&-?9$%)(*0#X&%9$#"*"*&=.1<*D#X&#&"1+0%&9*&'1&%L.?P*%&/#
%(%C&).#L#$#X&0%5*&9*&*/&"#0)%C&#0"#&D%C#%&'&$#/.%C%D&*/)%L*"*&4%5#P#)#81&')%5*V&4$1"1(/*5#
R&0#L&"%&*4#0&P*(*&%(L#&/(#P*&L#&"%&%'1Q#&L?S(%+Q?&*&')%5%D&*&')%51&L$S#)1
O%+&*'"1&C%L*(1&7A&5#)*%&51&0$#J&fD1$*V&4#4*&%&"%D&')1D?&/#L%)%J#(&?'41V%DX&#&.1C#"
U)#(&'"#)*%&51&*&*/)1'(1&4$1L.%C1&[&P*"#)%5&B?.*(%)%5&/1DJ*&'#D%&51&51L#(&9*'0?4X&#&*&"#5
51L#(&51&D$"#)&!&"%C#&9*&"$19#.%X&51$&51&B?.*(%)#&L$S#)#&+*$#&%L&L1'1"&L#(#&V%L#X&L#&'1&"#D%
*D1(?51&(%)&14*'0%4&*&"%&4%&D%C?Q(%'"*&b#"*(#<&*&L#&'1X&%'*D&"%C#X&'")%$1&5%+&"$*P1"*$*
(%)1&14*'0%4*51

U&"#5&4$1L.%C&4%0#/*)#%&51X&0#%&*&D(%C%&L$?C%X&L#&'1&(*51&4%C#>#%&4$#)*&4?"&?&$1+#)#8?&H%
+"%&'1&4$1L.#C#%&9*'0?4&b#"*(#<X&9*.%&51X&*'"%&0#%&?&!4.*"?X&P*51&(#D&%L(%+#51&S*)%
4$*0#/?51&H%D#&#$V*>#0%(X&'#D%&'&"%C#&+"%&'1&)1$%)#.%&L#&%(*&*D#5?&)*+1&'4$1D1&*&)*+1
'D*'.#&/#&4%"$191&$*D'01&0?$*51&!.%)1(*&'?&)1$%)#"(%&)%L*.*&?)10&)*+1&%9/*$#&%
$#'4%.%S18?&?&/1DJ*&*&D%SL#&'1&?'"$?P#)#.*&L#&?4%"$191&*&(#5%+"$*51&D1$1&?&9%$9*&'#
')%5*D&1.1D1("%D&!#')*D&51&)1$%)#"(%&L#&51&"#5&4$1L.%C&L%+#%&*&'#&"1(L1(<*5%D&4$%"*)
'.%)1('01&'.?S91X&0%5#&'1&'#D#&4%&'19*&'D#"$#.#&?&Y*D?&0#%&(1+"%X&+"%&51&)#(
?(*N*<*$#5?Q1C&4$%<1'#&.#"*('01&<$0)1(1&0?."?$1&*&+"%&'#D%&D%S1&L#&%5#P#&*&%V$#9$*&J?L1
'0.%(1&(10*D&')%5*D&%'%91(%'"*D#&*&4%&"%DX&4%&8*V%)%D&'V)#"#8?X&*&1.1D1("*D#&51$1'*&*
+*/D1&-#&"#0)%&'V)#"#81&(*51&L%/)%J#)#.%&?'"?4#0#&9*.%&51&5#'(%X&*'"%&0#%&+"%&51&5#'(%X&L#
51&"#0)%&L$S#81&4%5#P#)#.%&%"4%$&(#<*%(#.(*V&1.1D1(#"#&*&9*.%&(#&+"1"?&0#"%.*P01&<$0)1
B#0%&51&*&0#L&51&B?.*(&/#)$+*%&')%5&S*)%"&*&).#L#81&(*51&(#D&4%/(#"%&K1%D#&51&/#(*DJ*)%X
L#&'1&"$#L*<*5#&%&81D?&%L$S#.#&')1&L%&(#5(%)*51C&)$1D1(#&-%0&'?&'1&4%"4?(%&/#9%$#)*.#
*D1(#&*&D(%C%&D.#>*V&*&D(%C%&/(#P#5(*5*V&V*'"%$*'0*V&.*P(%'"*X&81C%)*D&'1&5%+&?)10
%91.1S#)#&4%P*8#81&*/&L?9%01&'"#$*(1X&F%L&B?.*(#&9#(#FX&F%L&9*$&/1D#(#&*&B?.*(#&9#(#FX
F$#/)1/#%&%L&B?.*(#&9#(#Fi &*&"%&%L&9%J1X&/.#"(1&'"#$*(1X&F%L&B?.*(#&9#(#&*&L%9$*51V
L#(#F
H$#L*<*5?&'?&%L$S#)#.*&*&$#(*5*&(%'*%<*&L$S#)(1&).#'"*&!0.#4#5?Q*&')%5&4$)*&?C%)%$&'#
-?9$%)#P0%D&Y14?9.*0%D&=#"15&T*(%'.#)&0?(1&*D&'1&0.1")%D&F0#0%D¯&'à&à&9#(¯&B%?.*(¯
0.à.¯FX&*&L#&-?9$%)P#(*&'.%9%L(%&4#/1&')%5&4%'#%&F"#0%&0#0%&'%?&?&9#(#&B%?.*(#&V%L*.*&9à/¯
)'1&V#9à&*&/.1L*F &\(#P*X&L#&51&B?.*(%)%&L%9#&9*.%&(#&L%9$?&C.#'?&*&L#&'?&-?9$%)P#(*
9*.*&/#L%)%J(*&'*C?$(%+Q?&*&(#P*(%DX&0#0%&'?&4$*D#(*&?&81C%)%5&L$S#)*&M%"%)%&L)1'"#
C%L*(#&L%<(*51X& 7,X&D%.*%&51&9%'#('0*&0$#J&H)$"0%&II&H)$"0%)*Q&'#&V1$<1C%D&'4.*"'0*D
:$)%51D&b#L*'.#)#X&0$#J#&(#4?J'0%C&*&V$)#"'0%L#.D#"*('0%CX&FL#&9*&4%")$L*%&0$#J1)'")?
9%'#('0%D?&')1&%9*P#51X&'"#81&*&%9.#'"*X&L#&*&D1>1&E%'%9*"%&4$1D#&[C#$'0%5GX&0#0%&'?&9*.1&/#
B?.*(#&9#(#F &;*.1&'?X&L#0.1X&5%+&?&?'4%D1(*&*&'D#"$#(1&0#%&(#5S1J1(*5#&D1"#&=#)$%
`$9*(*X&')#0#0%&4%&5%+&S*)%D&(#$%L(%D&4$1L#8?X&0#/?51X&L#&51&/#&B?.*(%)1&).#L1&9*.#&?
;%'(*&%9*.(%'"&*&4.%L(%'"&S*"#&*&')#P1D?&"#0%&L#&9*&4%'.*51&D(%C%&C%L*(#X&0#L&9*&0%5*&4?"


 

 A
J1"*(#&?$%L*.#X&;%+8#<*&C%)%$*.*&F3$**L1D&)¯&L(*&B%?.*(%)*F&U/&*'"%C&)10#&*&?&*'"%D
/(#P18?&51&*&?/$1P*<#&F3%)$#"*.#&'?&'1&L%9#&B?.*(#&9#(#F 
K1Q&'?&'"#$*&o*.*4&b#'"$*Q&*&4%'.1&U&o&O?0*Q&/#91.1S*.*&"$#L*<*5?X&L#&'1&9%'#('0*&91/*
B?.1(%)*Q*&*/)%L1&%L&B?.*(#&*&L#&'1&*&'#L&F& & & & 
&F 
B?.1(%)*Q*&'1X&0%5*V&*D#&0#"%.*0#&*&D?'.*D#(#X&#.*&%)*V&/(#"(%&)*+1X&%L#)(%&'D#"$#5?&0#%
4%$%L*<#&F$%L#&4.1D1(*"#F&*&0#%&"#0)?&51&91.1S*&*&.1"%4*'&N$#&T*0%.1&b#+)#(*(# 
M%"%)%&51&')1"'0#&4%5#)#X&L#&.*<#&$#(*51C&!$1L81C&K10#X&P#0&*&)#S(1&V*'"%$*'01&%'%91X
*+P*.1&4%"4?(%&*/&(#$%L(1&?'4%D1(1&B#L&'1&"#0%&(*51&L%C%L*.%&'#&B?.*(%DX&0%C#X&?/C$1L
$1P1(%X&(*51&4%4?.#$*'#.#&<$0)#&0#%&T1D#8?X&%(L#&/(#P*&L#&51&%(&L%*'"#&*D#%&/(#"(#&?C.1L#
*&(1P1C&)$1L(*51C&*.*&?&')%5%5&.*P(%'"*&*.*&?&')%5%5&).#L#)*(*X&+"%&D?&51&D%C.%&L#&4%D%C(1
'")#$#8?&"$#5(%C&C.#'#

  !

#$%   $&
\#&).#L1&<#$#&31"$#&%5#P#.#&51&?&;?C#$'0%5&51L(#&<$0)1(#&51$1'X&0%5#&'1&4%'.1&$#+*$*.#&4%
P*"#)%D&;#.0#(?&*&)#(&81C#&*&*D#.#&/(#"(#&?"*<#5#&(#&L$S#)(*&S*)%"&"1&/1DJ1&]1(
4%'"#(#0&)1S1&'1&?/X&*/C.1L#X&.1C1(L#$(%&*D1&4%4#&;%C?D*.#&E4$1D#&C$P&ពŠŽ•’G&`(&'1
4%5#)*%&*'0%$*+Q#)#5?Q*&4%D1"8?X&0%5#&51&(#'"#.#&?&9?C#$'0%5&L$S#)*X&0#L&51&4%P1.#&9%$9#
*/D1>?&(%)1&C$P01&0?."?$1&*&'"#$*V&(#<*%(#.(*V&1.1D1(#"#&f&R8*P0%)&)1$?51&L#&51
D#(*V15'")%&D1>?&!.%)1(1&L%+.%&)1Q&/#51L(%&'#&V$*+Q#('")%DX&51$&*D#D%&?&!4.*"?&51L#(
(#"4*'&*/&Ia&)10#X&?&0%D&'1&4%D*81&F;#'#&D#(*V15'0#&L1)%50#&*/&b*L*51F&R&D#(*V15'")%X&*.*
(1%D#(*V15'")%X&51&51L(#&%L&%'(%)#&9%C?D*.'0%C&?P18#&T1D#5?Q*&(*51L(%C&P*'"%
9%C?D*.'0%C&"10'"#X&0%5*&9*&*/.#C#%&8*V%)%&)1$%)#81&*&4$*0#/*)#%&8*V%)1&"1(L1(<*51X&D*
'D%&?&C.#)(%D&?4?Q1(*&(#&4$*'"$#(?&4$%"*)(*P0?&.*"1$#"?$?&%&8*D#X&L#&9*&'#/(#.*&(10#&%L
8*V%)*V&(#P1.#&R.*&?&D(%C%&'.?P#51)#X&CL1&D%S1D%&(#)%L1&#("*9%C?D*.'01&08*S1)(%'"*
0%("$%.*'#"*&*/)%$*D#X&0#%&(#&4$*D1$&%L&^III^a&)10#&?&;%'(*X&D*&)*L*D%&L#&'1&%(*&(1
'.#S?&*&L#&'?X&4$1D#&"%DX&D(%C1&%L&81/*(*V&4%'"#)#0#&)$.%&4$%9.1D#"*P(1&T1+"%&%L&"%C
L%.#/*&4%&')%5&4$*.*<*&%"?LX&+"%&'1&"%0%D&)$1D1(#&*&0%L&9%C?D*.#&4%4?+"#.%&?&4$)%9*"(%5
%$"%L%0'*5*&*&+"%&'?&4$#)J1(*&(?S(*&0%D4$%D*'*&$#L*&/#V"1)#&0$)*&*&S*)%"#X&#&/#"*D&/9%C
'?'1L'0*V&%L(%+#5#&*&%L$S#)#8#&).#'"*i&#.*&D(%C%&)*+1&9*Q1&(1'.#C#8#&'&"%C#X&+"%&'?
*/)1'(1&'")#$*&4%51L*(*&C%$J*)*&4%9%$(*<*&4$#)%'.#)(1&*X&0#"%.*P01&)1$1&V%"*D*<1
4$*0#/*)#.*&C%$*D&*.*&4$%'"%&(1$#/?D1)#.*
[&'")#$*X&9%C?D*.'0#&(#?0#X&4%&')%5*D&%'(%)(*D&'V)#"#8*D#X&*/.#/*&*/&4#).*0#('01&*.*
D#(*V15'01&'10"1X&%L(%'(%&*/&5%+&'"#$*5*V&C(%'"*P0*V&?P18#&!)1&$1.*C*51&U'"%0#&*D#5?X&'#
V$*+Q#('")%D&/#51L(%X&)$.%&5#'(%&*/$#S1(&L?#.*/#D&%'(%)(*V&4$%9.1D#&J?L'01&4$*$%L1X
L%9$#&*&/.#X&`$D?/L#&*&R$*D#(#X&#(>1.#&*&>#)%.#&-%9$%&"%&51&'#D&;%C&*&%(%X&+"%&51&4%
4$1)#'V%L'")?&81C%)%X&L#0.1&L?+#i&/.%&51&D#"1$*5#X&%L(%'(%&"1.%&[&J?L'0%D&S*)%"?&)1P(#&51
9%$9#&*/D1>?&"%C&L)%C#&!#/(#81&"%C#&L%)%L*&L%&4%"$191X&L#&'1&4$#)*&V$*+Q#(*(&?&')%D
L1.%)#8?&"$?L*&4%D%Q*&L?+*&4$%"*)&"1.#X&%L(%'(%&L?V%)(*D&'#).#L#"*&"1.1'(%&!&"%C#
4%5#)1&#'01"*/D#&*&8*V%)#&C.%$*N*0#<*5#i&'&"%C#&4%'"%)*&*&%L$*<#8#i&'&"%C#X&0#%
(#5L%'.1L(*5*&$1/?."#"&"*V&?P18#X&%L$*<#81&9$#0#&*&4%"$191&(%)*V&S*)%"#&!"#$*&\#)1"&(*51
")%$1)*(#&:$*+Q#('")#i&%(&51&4$%*/)%L&$#(*51&"1.1'(1&4$1).#'"*i&*&'&"%C#&51&9*%&%L9#<*)#(
'#)&%'*D&&'#&81C%)*D&%L?+1)J1(*D&V*D(#D#&;%C?&!)1&"%&?P181&*D#&%'(%)(1
%'%9*(1&*'"%P8#P0*V&'V)#"#8#&*&(#'"#.%&51&L1.%D&?&!*$*5*&*&R.10'#(L$*5*&EC(%'"*<*GX&#
4%'.1&$#/)*5#(%&?&31$/*5*&4%L&?"*<#51D&\%$%#'"$%)1&+0%.1&*&9?L*'"*P0*V&1.1D1(#"#
ED#(*V15*G&*&?&O1$D1('0%5&E4#).*0#(<*G&3#).*0#('0%&?P181&(#59.*S1&51&9%C?D*.'0%Di&%)%
L$?C%&51&'#D%&(#'"#)#0&4$)%C&3#).*0#('")%&4#L#&?&%(%&C$%/(*P#)%&)1$'0%&'"#81&4$1
*0%(%9%$'")#&*&*D#&0#%&0#$#0"1$*'"*P(?&<$"?&9%$9?&4$%"*)&<$0)1(%C&'5#5#&*&)*/#("*'0%C
4$1%9$#S#)#8#&:$*'"%)1&<$0)1&`L&)1$1&%4+"1&51L(#0%'"*&*&J?9#)*&*&'0$%D(1&D%.*")1
4%'"#.1&'?&N#$*'15'01&%4+"*(1&'#&'#9.#S8*)%D&V*51$#$V*5%D&*&'#&?P1+Q1D&?&')*D#


 

 
C(?'%9#D#&L)%$'0%C&*&4$1'"%(*P0%C&S*)%"#&3#).*Q#(*&'&"%C#&"$#S1&)$#Q#81&'"#$%D&L%9?
4$)*V&V$*+Q#('0*V&%4+"*(#&%(#0)*VX&0#0)1&51&%$C#(*/%)#%&#4%'"%.&3#).1&T10#&%"4#L(1
'?)*+(#&V*51$#$V*5#i&(10#&(1'"#(1&P*"#)#&0$?C#&(#0(#L(*V&')1"*"1J#X&0%5*&'1&'.#)1&D*D%
:$*'"#&*&C%"%)%&$#)(%&81D?i&(10#&'1&?0*(1&0?."&*0%(#X&0%5*&'1&4$*9.*S#)#&0?D*$'")?&!)1
"$19#&L#&'1&4$1P*'"*&*&*'4$#)*&Y#L*&"%C#&'1&4$*'"#.*<1&%)1&)1$1&/%)?&FP*'"*F&E%L(%'(%
4$1D#&C$P&¸ ¡–’&F0#"#$*FX&EP*'"*GGX&*.*&F4$#)*&V$*+Q#(*FX&*.*X&0#%&0%L&!.%)1(#&F9%C?
D*.*F&\#&4$%"*)(*01&$1P& &%/(#P#)#.#&51&0$*)%)1$<1i&%L#".1&51&"#.*5#('0%
#

# %Xy &*&(1D#P0%&ty  


3%&"*D&?P18*D#&;%C&(*51&")%$#<&(19#&*&/1DJ1&*&')1C#&%(%C&+"%&51&(#&8*D#X&(1C%&51&")%$#<
"%C#&/.*&L?VX&%L(%'(%&>#)%&O1L*(%&+"%&51&?%4+"1&(#&')1"?&9%S*51&*&L%9$%X&"%&'?&'?(<1&*
L?+#&P%)1P*5#&c#)%&51X&)1.*&'1&?&51L(%D&"10'"?&%&)1$%)#8?&9%C?D*.#X&%"*+#)+*&%L&;%C#
'")%$*%&(19%&*&'"#)*%&(#&8&/)1/L1X&D1'1<&*&%L&;%C#&?0$#L1(%&'?(<1X&4#&51&%(L#&'")%$*%&$#5&*
RL#D#&*&L#%&RL#D?&L?+?X&0%5?&51&*'"%&?0$#%&%L&;%C#&H$#L*<*5#&%&0$#L1(%D&'?(<?&%L&;%C#&%L
4$1"'"#)(*0#&'#"#('01&'*.1X&4%"10.#&*/&"*V&?P18#X&%L$S#.#&'1&?&(#+1D&(#$%L?&')1&L%&^I^
)10#&EFd#$&-?0.*5#(&*&0$'"*"1J&O%)#(FG&`(#&*D#&')%51&4%$10.%&?&*'"%P8#P0*D
0%/D%C%(*'0*D&.1C1(L#D#&*&)1$%)#8*D#X&0%5#&'?&(#D#&L%+.#&4$10%&*/)1'(*V&#4%0$*N#
4*'D1(*D&*&$#/(*D&4$*P#8*D#&?'D1(*D&4?"1D &`L&D#'#.*5#('0*V&?P*"1J#&?+.%&51&?
#4%0$*N1X&L#&51&9%S5*&%"4#L(*0&!#"#(#*.X&P*51&51&*D1&0%L&(#'&4$%L$.%&L?9%0%&?&(#$%LX&?
'")#$*&'*(&9%S5*X&*&"%&'"#$*5*&%L&:$*'"#&:$*'"%)%&)#4.%Q181X&4%&"%D&?P18?X&9*.%&51&'#D%
4$*)*L(%&`"?L&%(*&(1&)1$?5?&?&0$+"181X&#&(#$%P*"%&'?&4$%"*)(*&0$+"18?&L1<1X&0%5#&(1
'V)#"#5?&/(#P#5#&"%C#&P*(#&h?L'0%&"1.%&51&4?"1(%X&#&4?"1(%&(1&)#'0$'#)#&;%C?D*.*&?%4+"1
')%L1&)1$'01&'*D9%.*/#<*51&?&C$#(*<1&0$*"*01&/L$#)%C&$#/?D#&*&(1&)1$?5?&?&4$%D1(?&)*(#&?
0$)&:$*'"%)?X&4#&4%&"%D&(1&4$*/(#5?&(*&4$*P1+Q#&Y?C#5?&'1&4%D*'.*&%&(10%D&P*'"*.*+"?&*
4$#+"#8?&C$1V%)#i&L*$10"(%&'1&9?(1&4$%"*)&+"%)#8#&0$'"#X&(#&0%D&51&9*%&$#/#41"&(#5)1Q*
4$1"'"#)(*0&L%9$#

U'"%P8#P0*&1.1D1("*&?"*<#.*&'?&(#&;?C#$1&)*+1&?'D1(*DX&(1C%&4*'D1(*D&4?"1D&\#&).#L1
<#$#&b#)#&Ia&/#91.1S1(%&51X&L#&'?&?&H$#0*5?&4$1'1J1(*&'*$*'0*&51$1"*<*X&L#&9*&9*.*
%"'"$#81(*&%L&')%51&*'V%L*+(1&"#P01&b#)&51&?&"%D&*+#%&/#&4$*D1$%D&')%C&%<#&B%('"#("*(#
B%4$%(*D#X&0%5*&51X&L#&4%5#P#&C$P0*&1.1D1(#"&(#&;#.0#(?X&4$)*&4%P1%&L#&?&"$#P01&")$>#)1
L%)%L*&!*$<1&*&O1$D1(1X&4$%4%)1L(*01&4#).*0#('01&51$1'*&K1Q&51&H1%N#(&4$*D1"*%X&L#&'?&"*
0%.%(*'"*&9*.*&4$)*&/#P1"(*<*&9%C?D*.*/D#&0%L&;?C#$#&[&:&)10?X&4%)1Q#(*&(%)*D
0%.%(*/#<*5#D#&<#$#&O%)#(#&d*D*'0#X&%(*&'?&*D#.*&+1'"&')%5*V&<$0#)#X&?$1>1(*V&4%
?4?"'")*D#&4%'.#(*<#&#4%'"%.#&3#).#&3%'.1&'D$"*&<#$#&!*D1%(#X&0#L&51&(#&$#"%D&*/D%$1(?
;?C#$'0?&L%+.#&C.#LX&?(?"$#+81&(1)%J1X&'D?"81&*&?/#5#D(1&9%$91i&0#L&'?&%9%C#Q1(*&J?L*
4%P1.*&S*)%"&$#/)$#"#&*&(1/#/%$(%C&?S*)#8#X&#&')1+"1('")%&'"#.%&L#&'1&/#(%'*(%)*D&'5#51D
4#"$*#$+*51&*&9.*'"#)*.#&)*/#("*'0%C&"*4#X&%)%&?P181&%L$*<#8#&*&4$10%$#&*D#.%&51&?'41V#X
(#+.%&%L/*)#&*&4%'"#.%&4%0$1"&(#$%L(%C&(1/#L%)%J'")#&3$1/)*"1$&B%/D#X&8*V%)&J?"*
4$%"*)(*0X&0%5*&*(#P1&(*51&'#')*D&%$*C*(#.#(&4*'#<X &%4*'?51&*V&4%(10#L&"#0%X&L#&D1'"%
%C%$P18#&4$%"*)&8*V&*/#/*)#&'*D4#"*51&`(*&*'"?4#5?&0#%&J?L*X&0%5*&'?&?'41.*&L#&'#).#L#5?
'"$#'"*&0$%"0*&'?&*&'D*$1(*X&Q?"J*)*X&91/&C.#'(#&'D1V#X&*&)*LJ*)%&?9.1L1.*&%L&4%'"#&[
(#$%L?&'?&)$.%&#0"*)(*&;1/&D(%C%&%9/*$#&%'?>?5?&P*"#)%&'"#81&<$0)1&*&4$*.*01&')%C#
)$1D1(#X&#&(#$%L?&'1&%9$#Q#5?&(14%'$1L(%X&S*)%D&$1P*"%+Q?&*&91/&9#.#'"#&<$0)1(1&?P1(%'"*
[&8*V&(1D#&D(%C%&#4'"$#0<*5#&(*&?&"?D#P18?&f)#(>1J#i&(*+"#&(1&"$19#&L#&'1&%95#+8#)#
(#"4$*$%L(*D&4?"1D&*&N$#/#D#&')1"*V&%"#<#i&')1&*D#&L#&9?L1&4$%'"%X&5#'(%&*&4$*'"?4#P(%
(#5D#81D&P%)10?&[&B%/D*(*D&4$%4%)1L*D#&4$19#<?51&'1&9%C?D*.*D#X&L#&'?&(14%0%$(*
).#'"*D#X&L#&(#4#L#5?&9%C#"'")#&*&9%C#"#+1X&L#&*'D1)#5?&'"#$1+*(1X&0#$#5?&9%J#$1&*
(#$%P*"%&*'"*P?X&L#&'.?C1&(1&"$19#&L#&$#L1&')%5*D&C%'4%L#$*D#&-#J*&4$*C%)%$&51&9*%&"#5X
+"%&'?&9%C?D*.*&L#.*&S1(#D#&*/)1'(?&$#)(%4$#)(%'"&F1$1"*<|&S1&'#D*&)&'19&*'4%)L
")%$ "¯X&(%&*&S1(|&ÊS1&$?C?&L%'"%â(%&1'"¯i&S1(&9%X&$1P1&#4%'"%. X&(1&)1.Û&?P*"*&(*
).#L"*&D?S1D¯&(%&)&D%.P#(â*&9|"*F
[&%(%&)$1D1X&0#L&51&V$*+Q#('0#&)1$#&D1>?&O?S(*D&!.%)1(*D#&9*.#&5%+&)$.%&D.#L#&&"10&51


 

 2
4$%+.%&0#0)*V&'"%&C%L*(#&%L&4$#)1&#0<*51&4%0$+"#)#8#Ð&&*&0#L&51&?&(#$%L?X&4?(%D&'"#$*V
(#'.1>#X&51L)#&4%P1.#&L#&V)#"#&0%$1(#X&?&')1"#&(*51&9*.%&(*&*("1$1'#&(*&$#/?D1)#8#&/#&P*'"%
(#P1.(#&)1$'0#&4*"#8#X&(*"*&'?&81C#&/#(*D#.#&L%CD#"'0#&"?D#P18#&*/)1'(*V&)1$'0*V
'"#)%)#&T#$%L&51&)1$?&'V)#"#%&*&4%*D#%&4%&%(%DX&+"%&51&?&8%5&9*.%&(#59.*S1&81C%)%5&4#D1"*
*&(#5)*L(*51&?&'4%J#+8*D&D#(*N1'"#<*5#D#X&#&?&4$)%D&$1L?&4%&81(*D&4$1"'"#)(*<*D#&[
9%C?D*.*/D?&(1D#&%(*V&"1%.%+0*V&N*(1'#X&0%51&(#.#/*D%X&(#&4$*D1$X&?&?P18?&D%(%N*/*"#
!)1&+"%&'1&?&81D?&4%L).#P*&"%&51&%'?L#&)1$'0*V&4%C.#)*<#&'&51L(1&'"$#(1&*&?4$%+Q#)#81&*
$#<*%(#.(%&"?D#P181&)1$'0*V&%9$1L#&'&L$?C1&B#L&'#D&B%/D#&4$1/)*"1$ &L#51&%(#0%
D$#P(?&'.*0?&%&)1$'0*D&4$1"'"#)(*<*D#&')%C#&L%9#X&%(L#&51&5#'(%X&L#&51&9%C?D*.'0#&0$*"*0#
9*.#&5%+&%+"$*5#&*X&51$&51&C%)%$*.#&*'"*(?X&(#*.#/*.#&(#&%L%9$#)#81
[P181&9%C?D*.#&*D#.%&51&*/)1'(%C&?'41V#&!&*/)1'(*D&L1D%0$#"'0*D&%'%9*(#D#X&'&L%'"#
(#<*%(#.(%C&1.1D1("#&)*L(#&)1Q&?&81C%)%D&'#D%D&*D1(?X&L#J1&?&81C%)*D&P*(%)*D#&*
*D1(*D#&81C%)*V&)1$(*0#&E'$&(#&4$*D1$&(#/*)1&#
#. . .!.&9%C?D*.*/#D
51&%LC%)#$#%&'.%)1('0*D&%'1Q#8*D#&*&9*%&$#L%&4$*V)#Q1(&T*51&')#0#0%&'#')*D&'.?P#5(%X&L#
'1&?&51L(%5&%L&4%/(#"*V&9%C?D*.'0*V&%$C#(*/#<*5#X&?&9$'5#P0%5&*&L$?C%)*Q0%5X&(#&L%81D
K#$L#$?&*&%0%&;#9?(1X&'")#$#&(%)#&'.%)1('0#&L$S#)#X&0%5#&'1&?&*/)1'(%D&4$#)<?&*/L)#5#&%L
;?C#$'01&=%SL#&51&P#0*&*D1&((.&0%51&*D#5?&D(%C*&*/)%$*&0#%&L$?C?&%/(#0?&/#&9%C?D*.1X
(#$%P*"%&?&'$4'0*D&%9.#'"*D#X&?&)1/*&'&"%D&%$C#(*/#<*5%D 
U/&=#Q1L%(*51&*&;?C#$'01&9%C?D*.'0#&51$1'&/#V)#"*.#&51&*&!$9*5?X&#.*&51&T1D#8#&%+"$*D
4%'"?40%D&%(1D%C?Q*%&?&')%5%5&/1DJ*&]*V%)%D&(#P1.(*0?&%L$1/#%&51&51/*0X&08*C1&*D&51
'4#.*%X&)1$(*01&$#'"1$#%X&F/#4$ ¯&(1*'4%)L#"*&(*&4%D1(%)#"*&¨"¯(%?L¯&"$¯0.1"#C%
*D1(1F&U/&!$9*51&*&=#Q1L%(*51&"#&51&51$1'&4$1+.#&*&?&;%'(?&T#&/#4#L?&l  
X&   &*
 &%/(#P#)#&0$*)%)1$<#&?%4+"1&*&"%&51&4%'"#%&L%'"#&$#+*$1(&"1$D*( &[&!"1)#(#
3$)%)1(P#(%CX&0%5*&4%D*81&T1D#8*(?&9%$9?&4$%"*)&51$1'*X &"#&51$1'&(*51&(#)1L1(#&4%
*D1(?X&(1C%&'1X&?&%4+"%5&%'?L*X&)1/?51&/#&R$*51)%&%"4#L(*+")%&!&"%C#&*/)1'(*&4*'<*&D*'.1X
L#&"#&51$1'&(*51&(*&9*.#&9%C?D*.'0#&=1>?"*DX&%&#$*5#(*/D?&?&!$9*5*X&?&^II&)10?&(1D#
(*0#0)#&"$#C#X&L%0&51&9%C?D*.#&9*.%&?&81(%D&*'"%P(%D&*&5?S(%D&'?'1L'")?&%L&:^II&)10#&(#
)*+1&'"$#(#&[&%'"#.%DX&%L#)(%&'?&*&L%9$%&4%/(#"1&9%$91&4$%"*)&4#).*Q#(#&*&9%C?D*.#&?
K*/#("*5*X&/#&)$1D1&R.10'*5#&B%D(*(#&?&:II&)10?
M&_$1D%+(*0&51&'0$1(?%&4#S8?&(#&"%X&L#&'1&9%C?D*.*&5#)J#5?&(#$%P*"%&?&%(*D&%9.#'"*D#X
CL1&'?&$#(*51&'"#(%)#.*&M%"*&*&D*'.*&L#&?&"%D&D%SL#&*D#&(101&)1/1 &T#D#&"#&0%D9*(#<*5#
(1&*/C.1L#&D(%C%&?91LJ*)#&G&+"%&51&(#5)1Q*&L1%&M%"#&)1Q&(#4?'"*%&%9.#'"*&;#.0#(#&0#L&'?
(#&8&/#'1.*&!.%)1(*&*&L#&4$1%'"#.1&D#81&'0?4*(1&(*'?&D%C.1&)$+*"*&5#P*&?"*<#5i&*&G&+"%
C.#)(#&%9.#'"X&CL1&'1&9%C?D*.'")%&$#/)*.%X&'$1L8*&*&5?S(#&=#Q1L%(*5#X&(*51&9*.#&(*0#L&4%L
L?S*D&*&*("1(/*)(*5*D&?"*<#51D&M%"#
[&;%'(*&4%'"%5*&4$#)*&4$%9.1D&"#0%/)#(1&F9%'#('01 <$0)1F&`"0#L&D%S1D%&4$#"*"*&4$*.*01
?&"%5&/1DJ*&(#&%'(%)?&L%D#Q*V&L%0?D1(#"#&*&%9510#"#&D*&)*L*D%&(1%'4%$(%X&L#&%L&%'(%)(*V
51$1"*P0*V&'V)#"#8#X&0#0%&'?&*V&'#%4+"#)#.*&*/)1'(*&(1%9#)1+"1(*&'"$#(*&4*'<*&*&<$0)1(*
*(0)*/*"%$*X&?&(#$%L?&(1D#&'0%$%&(*0#0)#&"$#C#&[&'#D%5&/1DJ*&(1&5#)J#&'1&?&(#$%L?&(*&*D1
9%C?D*.#&-%9$%&%9#)1+"1(*&-?9$%)P#(*&L#5?*D!&D1>?"*DX&*D1&
&*&"*D&*V&*/L)#5#5?
%L&0#"%.*0#&*&4$#)%'.#)(*VX&0%51&'?&(1'?D8*)%&)$.%&L%9$%&4%/(#)#.*&UD1&
&L%+.%
51&'#&/#4#L#&*&*D#.%&51&4%C$L(%&/(#P181i&8*D&'?&4$)%9*"(%&9*.*&%/(#P#)#(*&4$%"*)(*<*
<1.*9#"#&!)*&;%'#(<*&*/&$1L#X&4#&*&4$*4#L(*<*&F9%'#('01F&<$0)1X&4%+"%)#.*&'?&0$'"&*
'.?S*.*&'?&'1&8*Di&/#0.*8#.*&'?&'1&(#&1)#(>1J1i&4$*/(#)#.*&'?&')1<1&3#"#$1(*&'?&P#0
'.#)*.*X&0#%&*&4$#)%'.#)(*X&*&0$'(%&*D1&-#&'?&'1&S1(*.*X&51.*&D1'%X&4*.*&)*(%&*&?S*)#.*
')1&')1"'01&'.#'"*&*D#&'"%"*(1&L%0#/#X&0#%&*&"%&L#&(*'?&*D#.*&%(*V&%'%9*(#&?&4%(#+#8?X
0#0)1&'4%D*81&B%/D#&4$1/)*"1$&/#&9?C#$'01&9%C?D*.1&[&;%'(*&L%9#$&L1%&8*V%)*V
4$*4#L(*0#&'#D&51&(%'*.#<&).#'"*&*&?4%"$19J#)#&51&91/&*D#.%&'1("*D1("#.(%'"*&R0%&51&*
9*.%&$#(*51&)1Q1&C%$J*)%'"*X&%(#&51X&%P1)*L(%X&)$1D1(%D&4%4?'"*.#X&51$&51&9*.#&4$%"*)
%'(%)(*V&*('"*0#"#&S*)%"#&E9$#0X&V$#(#GX&#&D%SL#&51&(*51&(*0#L&(*&9*.%&?&%(%5&D1$*&0%5#&*D


 

 ,
'1&$#(*51&4$*4*'*)#.#&!&L$?C1&'"$#(1X&?4#L#&D(%C%&?&%P*X&L#&;%'(#&(*51&%P?)#.#&(*51L(1
'"#$1&<$0)1&)1Q*V&L*D1(/*5#&*&4$#)1&?D1"(*P01&)$1L(%'"*X&0#0)1X&4$*D1$#&$#L*X&*D#&!$9*5#X
0%5#&51&*'"%X&0#%&*&;%'(#X&'"$#L#.#&%L&"?$'01&*()#/*51&;%'(#X&*'"%&"#0%X&(1D#&(*0#0)1
<$0)1(1&?D1"(%'"*i&(*0#0)*V&'#D%'"#.(*V&*.*&9#$&?4%.#&'#D%'"#.(*V&'4*'#&*/&<$0)1(1
08*S1)(%'"*i&(*0#0)%C&"$#C#&)1Q*V&L?V%)(*V&/#(*D#8#&`L&')1&?D1"(%'"*&%'"#.%&51'#D%
(10%.*0%&'0?.4"?$#&4%&0#D1(*D&'"1Q<*D#X&%L&0%5*V&'1&4%&')%5%5&*/$#L*&51L*(%&*/L)#5#5?%(*
'"1Q<*&*/&\C%+Q1X&4%L*C(?"*&(#&C$%9J?&9#('01&4%$%L*<1
UD#&D*+J18#X&L#&'?&4$*4#L(*<*&9%'#('01&<$0)1&9*.*&4$#)%'.#)(*&R.*&"%&D*+J181&(1Q1
9*"*&4%"4?(%&"#P(%X&51$&*D#D%&5#'(*V&L%0#/#&L#&*V&51&'.?S91(#&4$#)%'.#)(#&<$0)#&%'?>*)#.#
3%'"%51&"$19(*<*&*/&'?'1L(*V&D#(#'"*$#&=*.1+1)#&*&!)&H$%5*<1X&?&0%5*D#&'1&*/(%'1
4$%0.1"'")#&(#&F"$¯0.1"1&9#9%?(â1&(#$*<#Ûã1*&'1&.¯S*0$¯'"*.(1FX&0%5*&S*)1&?&;%'(* 
R$V*14*'0%4&-#(*.%&4$*4*'*)#%&51&?&/#'.?C?&0$#J?&-$#C?"*(?X&+"%&51&?&;%'(*&4%)$#"*%
)1$*&FD(%C1&51$1"*01F&O1L#(&'$4'0*&/#4*'&*/&A&C%LX&4%D*81&F91/9%S(1&*&4%C#(1&9#9?(1&?
;%'(*F &R&4%&(#+*D&4$1)%L*D#&(%D%0#(%(#&*L1("*N*0?5?&'1&'"#$*&=#'#.*5#(*&0#%
F9%C%D*.*X&9#9?(*X&9%C%D*.'0#&51$1'F&F;%C%?D*.*&$10¯+1&9#9%?(*F&T#/*)&9#9?(#&/#
9%C?D*.1&(1&4%/(#5?&C$P0*&"10'"%)*i&"%&51&P*'"%&(#+&L%L#"#0&[&-?+#(%)%D&\#0%(*0?X&4%&P.
@2X&*D#&'1&0#/(*"*&*&).#'"1.*(&*&'19#$&/#&F9#9%?('0%?&$1P¯F &[&51L(%D&$?0%4*'?&S*"*5#
L1'4%"#&!"1)#(#&b#/#$1)*Q#&%L&B%('"#("*(#&o*.%/%N#&0#S1&'1&/#&;%'#(<1&?&!$19$1(*<*&F'*
S1&)¯'*&1$1'*&9%C%D*.¯'0|1&'%?"¯F

\#&:1$<1C#&!"14#(#&4*+1&<#$*C$#L'0*&4#"$*#$V&c1(#L*51&E 2A2GX&L#&51&%L&(1L#)(%&F?(?"$#
V$*'"*5#(*(F&#.*&L#&'1&5#)(%&(1&D%S1&4%"4?(%&%L)%5*"*&%L&F0?L?C1$#F&/9%C&'"$#V#&%L&')%51
).#'"1.1&U&:#.0%0#(L*.&*/$*P(%&0#S1&L#&'1& #
%&E•˜™•Ÿ¢ž¡• G&/%)?&')*&'"#(%)(*<*
!#(L#J1)#&4%L$?P5# &!*(#5'0*D&0#.?>1$*D#X&0%5*&'?&"$#S*.*&%9#)1+"18#&%&')%D&%L(%'?
4$1D#&:1$<1C?X&4#"$*#$V&51X&')#0#0%&4%&$#'4*"*)#8?&0%L&4$1"'"#)(*0#&'$4'01&<$0)1X&L#%
%)#0)?&4%$?0?&9%'#('0%C&14*'0%4#&D%C?&4%D*8#"*&(#&'.?S9*X&51$&%(&FD(%C1F&0?L?C1$1
4$1)%L*&?&4%0%$(%'"&FC$P01F&<$0)1X&4#&51&4$1)1%&*&'#D%C&:1$<1C#&!#D%C&:1$<1C#&(10#&(1
4%D*8?&(#&.*"?$C*5*X&51$&5#)(%&5%+&(1&%"0$*)#&V$*+Q#('")%X&#.*&D%C?&4$*D#"*&D*.%'"*8?
%L&81C#&*&D%C?&'1&D%.*"*&/#&8&4$*&"$41/* &`P1)*L(%&51X&L#0.1X&*&(1&"$19#&D(%C%
L%0#/*)#"*X&L#&/)#(*P(#&<$0)#&4$#)%'.#)(#X&'$4'0#&*&C$P0#X&4$1D#&9%'#('0*D&4#"#$1(*D#
/#?/*D#&$1/1$)*'#(&'"#)&!#D%X&"$19#&4%D1(?"*X&L#&4#"$*#$V&?&%)%D&4*'D?&(1&0#/?51&(*0#0)1
8*V%)1&/#9.?L1X&#&')#&#0"*)(%'"&9%'#('0%C&14*'0%4#X&0%C#&%(&V)#.*X&'#'"%5*&'1&?&"%D&L#
0?L?C1$1&F'¯")%$*&)¯&4%)*(%)#(â1&C$¯P¯'0|1&<$¯0)1F
3%'"%5*&*&D*+J181X&L#&'?&4#"#$1(*&9*.*&FP*'"%&(#$%L(#&0#"%.*P0#&)51$#X&0%5#&(*51&*D#.#
*/C$#>1(*&'*'"1D&*&')1&?$1L91X&0%51&'?&'1&0%L&/#4#L(*V&(#$%L#&%'")#$*.1FX&%L(%'(%&L#&51&"%
F0#"%.*<*/#D&4$1?L1+1(&4$1D#&8*V%)*D&4$*.*0#D#&*&L?+1)(*D&4%"$19#D#F&]*V%)#&'1
51$1'&'#'"%5#.#&?&"%D&+"%&(*'?&4$*D*.*&$1N%$D1&$*D'01&0?$*51&*&+"%&'?&?&<$0)?&?)1.*
(#$%L(*&51/*0&*&4%C#('01&%9*P#51&B#"%.*P0#&<$0)#&9*.#&51&(14%D*$J*)&*&'"#.#(&4$%"*)(*0
9%'#('0*V&4#"#$1(#&!.%)1('0%&9%C%'.?S51&%P1)*L(%&(1&9*&9*%&$#/.%CX&9#$&(1&%L&81C%)#
'.?S91(%C&4$*/(#8#&%L& @&C%LX&L#&'1&%(*&"#0%&J?"%&C%(1&*&%C.#+?5?&'"#.(%&/#&51$1"*01
M.#C%J#+*&?&:$)#"'0%5&*&-#.D#<*5*&%L&'$1L*(1&^III&)10#&(*'?&"#0%&%/.%C.#+#)#(*&*
4$%C%81(*&=&K1C%X&0%5*&/#'"?4#&"%&D*+J181X&(*51&*/(1%&0%5*&'?&"%&4%C#('0*&%9*P#5*X&0%5*
9*&(#$%L&?&;%'(*&"%.*0%&%L)#5#.*&%L&8*V%)*V&'?(#$%L(*0#&(#&*'"%0?&*&/#4#L?X&L#&9*&$#L*
8*V&/#'.?S*)#.*&*/?/1"(%&"%.*0?&#(#"1D?
[&(#5(%)*51&)$1D1&*/*+#%&51&'#&')%5*D&D*+J181D&O&e*L#0X&0%5*&")$L*X&L#&9%'#('0#&<$0)#
(*51&*D#.#&(14%'$1L(*51&)1/1&(*&'#&$*D%0#"%.*<*D#&(*&'#&4$#)%'.#)(*D#&T*51&4$*/(#)#.#
4#4*(&4$*D#"X&#.*&(*51&?+.#&(*&?&'#'"#)&*'"%P(1&<$0)1&F;*.#&51&"%&'#')*D&'#D%'"#.(#
0$+Q#('0#&<$0)#X&0%5#&51&'19*&4$*4*'*)#.#&#4%'"%.'0%&4%$*510.%F&O#&'#D&)1Q& &C%L
?4%/%$*%&(#&*/)1+"#5&51L(%C&0#"%.*P0%C&')1+"1(*0#&*/&A7@&C%LX&?&0%D&'1&/#&(101&R.9#(<1
0#/?51X&L#&(*'?&F& &  X&& &

  F&!.*P(%&51&'"#81X&%P1)*L(%X&9*.%&*&?
;%'(*&U&?&'#D%5&!$9*5*X&4$1&#0"*)(%C&L1.%)#8#&!)&!#)1X&D(%C*&%L(%'*&?&)1$'0%D&S*)%"?


 

 6
(*'?&9*.*&?&L?V?&d$0)1&[&;%'(*X&/(#&'1X&(*0%&(*51&L1.%)#%&'#&#?"%$*"1"%D&*&?&L?V?&!#)*(1
#0<*51X&L#&'1&V$*+Q#('0#&<$0)#&%$C#(*/?51&*&$#/)*51&?&'#)$1D1(*5*D&'V)#"#8*D#&[&"%5
'$1L*(*X&4$14?+"1(#&'19*X&9%'#('0#&V$*+Q#('0#&<$0)#&%'"#.#&51&0%(/1$)#"*)(#X&#&?&*/)1'(%D
4%C.1L?&*&?4%$(#&`L(%'&9*&D%C#%&9*"*&4%"4?(%&'.*P#(&%(%DX&0%5*&51&).#L#%&?&Y?'*5*&*/D1>?
$1N%$D*'#(1&<$0)1&*&"#0%/)#(*V&F'"#$%%9$5#L#<#F
=1>?"*DX&(1'?D8*)%&51&L#&51&F9%'#('0#&<$0)#F&4%&')%5*D&)1/#D#&*&%'(%)(*D&"$#L*<*5#D#
9*.#&9.*S1&*'"%0?&-%'#L&(*51&9*.#&L%)%J(%&(#C.#+1(#&P*81(*<#X&L#&51&?"*<#5&9#+
D#Q1L%('0%C&08*S1)(%C&L*#.10"#&5#'(%&?")$>1(&?&;%'(*&5%+&?&^II&)10?X&*&"%&(#&51L(%D
<$0)1(%D&'4%D1(*0?&[&<$0)1(%D&(#"4*'?&9#(#&B?.*(#&(#.#/*&'1&%9.*0&X&0%5*&51X&?&%)%
)$1D1X&0#L&(#&%'"#.%D&(#+1D&4%L$?P5?X&4#&*&?&;%'(*X&*D#D%&4%"4?(%&4$%)1L1(?&/#D1(?&&/#
X&%P1)*L#(&"$#C&%(*V&*'"*V&D#Q1L%(*/#D#X&0#0)1&'$1"#D%&*&?&=*$%'.#)J1)%D&f)#(>1.*5?&*
?&*/)1'(*D&4$14*'*D#&'4*'#&!)&!#)1&U&?)%>181&Q*$*.*<1&(#&<1.%D&9%'#('0%D&4%L$?P5?
L%+.%&51X&*'"%&"#0%X&?"*<#51D&'&"1&'"$#(1&;%'(#&51X&/(#&'1X&9*.#&51L(%&)$1D1&?&(14%'$1L(%5
)1/*&'#&D#Q1L%('0%D&L$S#)%DX&*&L%+.#&51&"#0%&*&?&)1/?&'#&%V$*L'0%D&<$0)%D&!#D%&'1&(1
D%S1&L%0#/#"*&L#&'1&'&8%D&?&)1/*&$#/)*.#&0#%&4%'19(#&<$0)1(#&%$C#(*/%)#(#&51L*(*<#&*&L#&'1
%L&81&0#%&"#0)#&*&%L)%5*.#X&0#0%&D*'.*&K&M.?+#<&!*C?$(%&51&'#D%X&L#&51&4$10%&<$0)1(*V
0$?C%)#&4$%+*$1(&?"*<#5&D#Q1L%('01&+0%.1&*&?&Y#+0?&*&?&;%'(?&3$1L&(#+*D&%P*D#
)*L*D%X&4$*D1$#&$#L*X&0#0%&'1&9%$*&(#$%L(%&7&'#&<$0)1(*D&#/¯&*&'&8*D&*&D(%C%&L$?C%
["*<#5&C.#C%.*<1&4%'"%5#%&51X&*'"*(#X&*'"%&"#0%X&#.*&51&*&%(#&4%$10.%D&'&*'"%0#&=1>?"*DX
%(#&(*51&(*0#L&4$%L$.#&?&?(?"$#+8%'"&;%'(1X&#&0%.*0%&51&"#D%&9*.#&(1?4%"$19J*)#&)*L*&'1
(#59%J1&4%&"%DX&+"%&'?&*/)1'(*&81(*&"10'"%)*&D%$#.*&9*"*&4$14*'*)#(*&Q*$*.*<%D&B#L&51
4*'D1(%'"&9*.#&?&)1/#D#&*&"$#L*<*5*&*'"%P(1&<$0)1X&%L(%'(%&D#Q1L%('01&'.%)1('01&#0<*51&*
81(*V&(#'"#)J#P#&?&Y#+0%5&*&:?D?X&%(L#&51&5#'(%&L#&51&'&"*D&?&)1/*&9*.#&*&%'"#.#&<$0)1(#
0?."?$#&[&"$#L*<*5*&*'"%P(1&<$0)1&9*%&51&9$#0&')1+"1('")#X&4$%"*)&0%C#&51&0#"%.*P0#&<$0)#
1(1$C*P(%&?'"#5#.#&5%+&?&:I&)10?&B?."&0$'(%C&*D1(#&%C$#(*P1(&51&(#&;#.0#(?&%L#)(%&(#
'$4'0%&1"(*P0%&4%L$?P51i&?&^I&)10?X&/(#&'1&L%9$%X&9*.%&C#&51&?&=#Q1L%(*5*&!.#)1Q*&')%5?
'.#)?&4%C*(?%&51&7@&C%L&)%5)%L#&U)#<&[&;%'(*&0%L&4#"#$1(#&0$'(%&*D1&51&9*.%&)1%D#
+"%)#(%&3$%"*)&0#"%.*P0%C&%9*P#5#X&4*+1&W&H$?V1.0#&9*.%&51&$#'"#)J1(%&'.#)J181&!)
31"$#&*&3#).#&B%L&4$#)%'.#)(*V&"%&51&%L#)(%&?&%9*P#5?&O%+&*&L#(#'&!)&31"$#&/#'19(%
'.#)*X&(#&4$&<$0)#&?&h?9*8?X&#&4%'19(%&L$?C%C&L#(#&!)&3#).#&D#(#'"*$&?&\#)#.*&UD#&5%+&*
L$?C*V&4%L?L#$#8#X&0%5#&(1&D%S1D%&')#&$#/)*5#"*&(#&%)%D&D1'"?

3%&(#+1D&D*+J18?&'")#$&51&?&%)%D&:$*+Q#('")%&51&?&;%'(*&?)%>1(%&*&'#&/#4#L#&*&'#
*'"%0#X&#.*&51&*'"%P(*&?"*<#5&'#&'.%)1('0*D&51/*0%D&)$1D1(%D&4%'"#%&5#P*&3%'.1&0%(#P(1
$#'"#)1&<$0#)#&?&^I&)10?&;%'(#&51&%'"#.#&?&9$/%&*&4%.*"*P0%&*&0?."?$(%&*/%.%)#(#
B#"%.*<*/#D&5%5&'1&(#"?$#%&'#&.#"*('0*D&51/*0%D&*&'#&D#>#$'0%D&)$V%)(%D&).#+Q?X&#
4$#)%'.#)J1&(*51&*D#.%&%$C#(*/#<*%(%C&?"*<#5#X&51$&Y#+0#&(*51&%L&^II&)10#&?.#/*.#&?
4%.*"*P0?&/#51L(*<?&'#&;%'(%D&U&?&Y#+0%5&'#D%5&51&"10&?&^III&)10?&!)&!#)#&*/)1%&4?(?
%$C#(*/#<*5?&<$0)1(%C&S*)%"#X&0%5#&(*51&D%C.#&%9?V)#"*"*&;%'(?&0#%&"?>1&4%.*"*P0%
4%L$?P51&`"#L&;%'(#&S*)*&')%5*D&S*)%"%D&3$%"*)&0#"%.*<*/D#&)%L*&?4%$(?&9%$9?&51$&D?
'1&(#D1Q1&4%D%Q?&"?>1&).#'"*X&0%5#&'&8*D&/#51L(%&S1.*&L#&4$%+*$*&4%.*"*P0*&?"*<#5i&#&%L
4$#)%'.#)J#&'1&%"?>?51&/#L$S#)#5?Q*&*/)1'(1&0%(/1$)#"*)(1&(#)*01&*&4$*D#5?Q*&(1+"%&%L
9%C?D*.'0*V&?P18#&O1L(#&%L&)1.*0*V&$#/.*0#&4$1D#&4$#)%'.#)(*D#&9*.#&51&?&"%D1X&+"%&?
;%'(*X&0%.*0%&D*&L#(#'&/(#D%X&D1>?&4#"#$1(*D#&%L&^III&)10#&(*51&9*.%&#0"*)(%C&D%(#+")#
0#%&C.#)(%C&(%'*%<#&<$0)1(1&%$"%L%0'*51&[&9%$9*&'&=#>#$*D#&*&0#"%.*P0*D&')1+"1('")%D
9%'#('0*&4#"#$1(*&'?&%'1"(%&(#5#)*.*&*/)1'(1&(#<*%(#.(%.%0#.(1&<$"1&;$#(1Q*&')%5?
L$S#)(?&'#D%'"#.(%'"&*&')%5?&)1$?&%(*&'?&')%5?&<$0)?&(#/*)#.*&F(#$%L(%DF&&F9%'#('0%DFX&#
'191&'#D1&F4$#)*DF&*.*&FL%9$*D&;%+8#(*D#F&!)*&(#/*)*&0%L&8*V&/#&')1+"1(1&P*(%)1&'0$%/
'?&(#$%L(*i&8*V%)*&14*'0%4*&%L&^II&)10#&(%'1&P*'"%&(#$%L(#&*D1(#&K.#L*'.#)X&Y#L%C%'"X
;$#"%'.#)X&-$#C%V(#X&K.#L*D*$X&Y#L%D*$X&Y#"0%&*&'.&B#0%&'?&0#"%.*<*&9*.*&#C$1'*)(*&*
4$1D#&9%C?D*.*D#&*&4$1D#&4$#)%'.#)(*D#&"5&4%&8*V%)%D&$1P(*0?&*&4$1D#&51$1"*<*D#&*
4$1D#&+*/D#"*<*D#X&"%&'?&'1&%)*&(#&"1$1(?&')1&)*+1&4$*9.*S#)#.*&51L(*&L$?C*D#&*&$#/.*01


 

 @
'?&*/D1>?&8*V&4%'"#5#.1&')1&D#81&!#(L#J&:$#(*QX&/1"&0(1/#&b#/#$#X&9*%&51&4$#)%'.#)(*
0%.*0%&*&4#"#$1(i&*'"%&"#0%&V1$<1C&!"14#(X&(#&P*51D&'1&"1'"#D1("?&(#.#/1&0#%&')1L%<*
D*"$%4%.*"&-#)*L&*&Y#L*(&C%'"&H*D&D%S1D%&51L*(%&4$#)*.(%&%95#'(*"*&4%5#)?X&+"%&%L&4#L#
;%'(1&*&:1$<1C%)*(1&(1'"#51&9%C?D*.#&*.*&4#"#$1(#X&"%&51'"&%"0#L&4#L#5?&4%.*"*P01&C$#(*<1
*/D1>?&;%'(1&*&!$9*51&*&%"0#L&'1&4%P*81&+*$*"*&#0"*)(*&?"*<#5&'$4'01&<$0)1&(#&9%'#('0%
4%L$?P51
[&9%'#('0%5&<$0)*&*D#&4%L%'"#&4%5#)#X&0%51&(*51&.#0%&%95#'(*"*&[&1)#(>1.*5?&"14P*51&;#"#.#X
4$*0#/#(%D&'"#$<?&Y#L*(?X&(#.#/1&'1&*D1(#&J?L*X&F0*&'?&'1&(#$10.*&?&$1L¯&<$0)1&C%'4%L*(#
(#+1C%&Y#'"%?L*FX&'#&Y#'"?L*51)*D&*D1(%D&0#%&4$)*D&Y#'"?L*51)%&*D1&(#.#/*&'1&*'"%
"#0%&(#&P1.?&.*'"1&?&3.1)#J'0%D&H$19(*0?X&CL1&'?&4%9$%5#(#&.*<#&4$%"*)&0%5*V&4$#)%'.#)(#
<$0)#&*/$*P1&4$%0.1"'")#&=*&(1&/(#D%&9.*S1&0#0#)&51&"%&$1L&Y#'"?L*51)1&<$0)1i&"5&L#&.*
(10#&81C%)#&4%'19(#&C$?4#&*.*&51&"%&(*/&4%L#(*0#&0%5*&*&)1$'0*&*L?&?/&')%C&C%'4%L*(#&U.*
51&"%&(10#&)$'"#&D%(#V#&0%5*&'"?4#5?&?&$1L&Y#'"?L*51)“
;%'#('0#&<$0)#&9*.#&51&%)#0%&%$C#(*/%)#(# &T#&81(%D&P1.?&'"#5#%&51&14*'0%4&*.*&#
#.&0%5*
51&9*%&F(#'"#)(*0&*&')$+*"1J&<$0)*&9%'#('0%5F&!)1+"1(*<*&'?& &E)*+*G&*&
E(*S*&$1LX&%9*P(*&')1+"1(*<*X&4%&C$P&·¡ž¦¹ŸŠž¡•’GX&4%L&'0?4(*D&*D1(%D& 
;%'#('0%D&<$0)%D&?4$#)J#.%&51&/#51L(%&'&14*'0%4%D&L)#(#1'"&'"$%5(*0#&F!"$%5(*0&51
(#$%L(#&$1P&0%5#&*&L#(#'&S*)*&?&O?S(%5&!$9*5*&*&?4%"$19J#)#&'1&?&'D*'.?&?4$#)J#8#F&[
')%D&"1'"#D1("?&%L& ,,&C%L&Y#L*(&C%'"&$#'"#)J#&L)1&)$'"1&')%5*V&4$*5#"1J#X&%(1&F0%5*&'?
4$#)1&)51$1&#4%'"%.'01FX&0%5*&'?&F'&4$#)%D&L?+%D&*&/&L%9$*51D&(#P*(%D&0$+"1(*51DFX&F0%5*
C$*51V#&(1&J?91FX&#&L$?C%&'?&FD$'(*F&J?L*&e"#&51&9.*S#&0#$#0"1$*'"*0#&%)*V&L$?C*V&(*51
(#D&4%/(#"%X&#.*&51&%P1)*L(%&L#&"%&(*'?&%(*&0%5*&9*&9*.*&%(#0%&91'4$10%$(*&*.*
F4$1P*+Q1(*F&FB$'"5#(*&*&0$'"5#(*<10%5*C$*51V#&(1&J?91F&')#0#0%&'?&%(#5&9%J*X&P*'"*5*
L1%&*&"%&'?&(10*&<$0)1(*&$1L%)*X&4$#)*&*.*&D%SL#&0#%&N$#81)#P0*&"$1Q%$1<*&H1'"#D1(#"
4%D*81&F4$#)1&0$'"5#(1X&0D1"1F&*&F4$#)1&0D1"*<1&0$'"5#(*<1F&\(#P*&.*&"%X&L#&51&9*.%&*
"#0)*V&0$'"5#(#&0%5*&(*'?&9*.*&4$#)*X&*.*&0%5*&C$1V&J?91“&-#&'?&0$'"5#(*&9*.*&9%'#('0*
D%(#'*X&0#0%&D*'.*&K&M.?+#<X&(1&*/C.1L#&)1$%)#"(%&M%'"*&'?&*D#.*&')%51&4#$%V*51i&"#0%&'1
(#&4$&4%D*81&K?0&FC%'"&?'0%4#J'0*F&[&4*'D?&*/& 7 &C%L&/#&14*'0%4#&9%'#('0%CX&0%5*&51
'"#(%)#%&?&O#8*Q*D#X&0#S1&'1&L#&51&F4$#)*&C%'4%L*(¯&14*'0?4¯&<$¯0)1&9%'#(¯'01F&`(&51&"#L
4%'.#%&L)#&'"#$<#&*&41"&0$'"5#(#&L#&F)$}¯&'191FX&"5X&(#&')%5?&/#0.1")?&?/D?&?&-?9$%)(*0?
)%5)%L?&3#).#&B.1+*Q#&3$*&')1P#(*D&#0"*D#&4#"#$1(*&'?&L%.#/*.*&?&%L$1>1(%D&9$%5?&4%
'1LD%$*<#&E'1L#D&(1L1J(*V&L#(#G&*.*&4%&L)#(#1'"%$*<#&EL)#(#1'"&#4%'"%.#i&L)#(#1'"
D1'1<*G`(*'"#(?5?&?&D1'"*D#X&0%5#&4%&8*D#&L%9*)#5?&')%51&*D1&EF 
&r  & 
s  
F&&s 
&&r  & 
FG&*&*D#5?&')%51&/#51L(*<1

O%+&@6&C%L&91.1S*.%&'1X&L#&51&N$#(<?'0*&4%L0%(/?.&?&=%'"#$?&)*L*%&?&O#9.#(*<*X&?
:1$<1C%)*(*X&L)#&9%C?D*.'0#&'1.#i&#&4$*P#.%&'1X&L#&51&%'"#.%&(1+"%&4%"#5(*V&9%C?D*.#&%0%
B$1+1)# &3%L#<*X&D1>?"*DX&(1&*/C.1L#5?&D(%C%&4%?/L#(*X&51$&%&"*D&'")#$*D#&(*0%&L$?C*
(*51&P?%&(*+"#&U/)1+"#5&3&=#'#$10*5#&*/&,A &C%L&C%)%$*&%&4#"#$1('0%5&51$1'*&?&;%'(*
*&;?C#$'0%5&)$.%&(1%L$1>1(%X&*#0%&51&'4%D*81&?&"%&L%9#X&D1+#5?Q*&4#"#$1(1&'
4#).*0*5#(<*D# &=(%C%&51&)#S(*5*&4%L#"#0X&0%5*&L%(%'*&0#"%.*P0*&V1$<1C%)#P0*
+1D#"*/#D&/#&@,6&C%L&`(&0#/?51X&L#&51&?&'1.?&-?9%P#(*D#&4%$%L*<#&:1.1SX&4$1&0%5?
C%L*(?X&4$1+.#&?&*'.#DX&#&9*.#&51&4%'.1L8#&F0%5#&'1&L$S#.#&.?L*.#&9%C?D*.'0%CF
K1'"*X&0%51&'?&+*$1(1&%&9%'#('0*D&4#"#$1(*D#X&9*.1&'?X&(#$#)(%X&)1%D#&4%C$L(1&[
C.#C%J#+0%5&08*S1)(%'"*&8*V&4%D*81&51L#(&$?0%4*'&> 
4 P
  .&'
4%P1"0#&^aI&)10#X&*&"%&%)#0%&F`&(1'$*Q(%&0$#J1)'")%&9%'#('0%X&(#&0%C#&(*&$%'#&(*&L#S&(1
4#L*X&4%0.1&$#L*&*&'V$#(*&*&9$#(*&"%.*01&*&"#0%)1&51$1"*01X&0*&C%)%$1X&L#&C%'4%L*(
U'?V$*'"&(*&*D#.&4$#)%C#&"1.#&P.%)*P#'0%C#&*&L#&51&9.#S1(#&L*)#&=#$*5#&9*.#&#(51.&*&D(%C1
*(1&9.?L81&4$%"*)?&)1$*&0#"?.*P#'0%5&C%)%$1F&[&'4*'?&*D#&*&L$?C*V&'"#)%)#X&0%5*&(1&+"1L1
4$10%$1&(#&$#P?(&F%(%C#&4$%0.1"%C#&0$#J1'")#&9%'#('0%C#F&[&51L(%D&"*4*0?&D#(#'"*$#
B$?+1L%.#&E'*C(&S&Ia&67G&*D#&%)#0#)&'"#)&F;.%?L%?"¯X&9%&'.%?C*&Lâ#)%.%)*X&$10%D1D*


 

 
;%C%D*.*i&5#0%&"#"âà&*L%?"¯&(% âÛ&0¯&'*D¯&*&¨9%.*"&'1&*&4$1)$# #Û"¯&:$â'"â#(*&&)1$*
9%SâàF&[&-?9$%)(*0?&'D#"$#.%&'1&0#%&"1+0#&?)$1L#&$1Q*&(10%DX&L#&51&F9#9*<#&4#"#$1('0#F
O1L#(&D?'.*D#('0*&41'(*0&*/&;%'(1X&B#*D*5#X&*/&^aII&)10#X&?&51L(%5&')%5%5&4%?P(%5&41'D*
C%)%$*X&0#0%&'?X&4?+1Q*X&F?&'D$#L?&9*.*X&0#%&9%C%D*.*F
[&'#D%D&(#$%L?X&L#(#'X&9%C?D*.'0%D&*D1(?&(1D#&D(%C%&"$#C#&3%(10*&(#/*)X&0#%X&4$*D1$#
$#L*X&4%"%0&;#9?(&0%L&=%'"#$#&*.*&*D1&;#9?(%)*Q&9*.*&9*&51L*(*&(14%'$1L(*&4%D1(*
T1+"%&"$#C#&9*Q1&5%+X&D%SL#X&?&*/)1'(*D&)1$%)#8*D#X&#.*&/#&8*V&(*51&'*C?$(%X&L#&.*&(*'?&?
(#$%L&?+.#&*&0%5*D&L$?C*D&4?"1D&U(#P1X&'#D%C&4%D1(#&%&9%C?D*.*D#X&8*V%)?&0?."?&*
)1$%)#8*D#&(1D#&)*+1&(*CL1&B#%&4$1"'"#)(*0&(1P1C&51$1"*P0%C&*&#("*V$*+Q#('0%C&4%'"#%
51&F#C#$5#(*(F&*&F.?"%$FX&#.*&(1&9%C?D*.&B#0%&51&L%+.%&L%&"1&4%5#)1&9*Q1&4$1LD1"&4%'19(%C
$#/.#C#8#X&(#&%LC%)#$#5?Q1D&V*'"%$*'0%D&D1'"?
\#&9%C?D*.1&51&?&!$1L81D&K10?&?4%"$19J#)#(%&(10%.*0%&$#/(*V&(#/*)#&T#+*&'$4'0*&*/)%$*
/)#.*&'?&*VX&0#0%&)*L1'D%X&(#5%9*P(*51&((%i&?&4$1)%L?&T%D%0#(%(#X&(#'"#.%D
/#?/*D#81D&!)&!#)1X&51L#(&'"#)&(%'*&(#"4*'&F`&D#'#.*5#(V¯&*S1&'%?"¯&(*(*#&C.#C%.1D**
9%C%D*.*&&9#9%?(*F&f"*D%.%C*5#&*D1(#&5%+&(*51&?")$>1(#i&D%SL#&51&?&(10%5&)1/*&'#
D#Q1L%('0%D&$10%D&*&4.#(*(%D&;#9?(%DX&%0%&0%51&'?&'.%)1('0#&(#'1J#&9*.#&C?'"#&*&CL1&51&"#
)1$#&(1'?D8*)%&?V)#"*.#&5#0&0%$1(&[&R/%"?&'1&C.#)(%&'1.%&')1&L%&L#(#'&/%)1&;%C%D*.#i&"?
'1X&0#/?51&M$&;%S%)*QX&5%+&?)10&4$*P#&%&9$#Q*&F9%C%D*.'0%C&4.1D1(#F&M$P0*&4*'<*&/%)?&*V

%. #
%&E•˜Š•˜¢‘¡•’GX&"5&V?.*"1J*D#&0$'"#&`"?L&?&=#Q1L%(*5*&(#/*)*
'1.#&B?+?"1$<*&*&B%+?C1$*&[&-?9$%)(*0?&51&/#&8*V&?4%"$19J#)#(%&*D1&
.&0%51&'1
*(#P1&(*51&P1'"%&5#)J#.%&?&'#D%5&;%'(*&-?9$%)P#(*X&0%5*&'?&'*C?$(%&/(#.*&$#/.*0%)#"*
0#"%.*01&*&4$#)%'.#)(1X&%)*D&')%5*D&(#/*)%D&/#&9%'#('01&F51$1"*01F&(#5$1P*"*51&C%)%$1
4$%"*)&%(*V&0%5*&9*&V"1.*&L#&9%C?D*.1&4$1"'"#)1&0#%&P*'"1&4$#)%'.#)<1&[&%'"#.%DX&O#0%)
=#$V*'0*&4*'#%&51&5#'(%& A6&C%L&/#&F &
&  &

 
&& 
F `'*D
-?9$%)P#(#&"#5&'?&(#/*)&?4%"$19J#)#.*&*&=#>#$*

 
&3$%0%4*51X&x&  &s &IIIX& 
 
&I X&III&

&I X&Ia&2

&¼  &q &
 &p&†&&l X&~ 
&@@6X&2,X&,,i&¼

†   &v&†&&l &~ 


&@@AX&IX&66

&!"&!"#(%51)*Q&&l&W%$%)*QX&`L#9$#(*&*/9%$*&;1%C$#L&X&A

&x y&q &&„  &q &A X&,7

&p&lX&,@X& A

&
 &q  X&&z&v¿ X&€  &@ X&,@&Ä&4#L?&!#.%(1&z&l ˆX&l  
^^I^X&7,X&,@A7 i&†&w ¿X&x &v& &&qÆ&x  
X&IX&,@&-#"?D
%')#5#8#&(*51&'*C?$#(
 
&z&v¿ X&x&
 &  & & È& 
  &€  &@66X&66


&r &
 &~   & &@6@X&67
 
&r
X&
 &… X&
 
&s 
 &€&=y5#&^IIX&2 6

&M.#'(*0&\1D&=?/15#&^~I^X&A6X&,

&[P1(1&$#'4$#)1&b&:#?4"D#(#&%&L%.#'0?&*&'D1+"#8?&:$)#"#&?&€   &  &¼
X
€  &2X&@,6X&*&?&v‡ &€   X&x  &2X&, X&%'(%)#(1&'?&(#
4$1"4%'"#)0#D#&*&'&"%C#X&D#L#&)$.%&0%$*'(1X&(*'?&$1+*.1&4*"#81&K#S(#&51&81C%)#&(#5(%)*5#


 

 77
$#'4$#)#&&'1%9*&:$)#"#&*&!$9#&?&w&
&¿

&IIIX&A6X&A76

&r&Î ‡ ˆX&r 
& &€  &2X&,6@@7i&D%5#&U'"%$*5#&O?C%'.#)*51X& 

&qX&'4&LX&7A

&I X&7AX&7@X&62

&r&qX&s 
 &€&„y&^^I^X&6X&@X& A
 
&x &vX&A2@X&@7A&!"&Y%D#('0*&L#51&4$*.%C&*&/#&$%D#('0*&?"*<#5&?&9?C#$'0%D
51/*0?&^a&w 
 &
&I
 
&‚º & Æ
&q &7X&@A 


&„&s  &
 X&q  &I& &@,X&7
 
&!4&LX&,7
 
&†&~&ƒ  X&q 
&
  
 &II&X& @7&†&o&e*+*Q#X&M%L*+8*<#&^^^aX
AX&A

&m  &⼠&
&r   &^^X&A2

&m&e#VD#"%)X&j*)#{&'"#$*(#&^^X&X&9i&m&;$*0(1$X&q  &IIIX& X&,

&m&!%9%.1)'0*X&m  &⼠&
&r   &^^^X&7X& 6 

&¼&r&c%$>1)*QX&!"#$*(#$&IIIX&7@X&,

&M.#'(*0&!0%4&T#?P&-$?+")#&IIIX&A77

&M.#'(*0&M1%C$#N'0%C&-$?+")#&aX&X&,66
 
&d$(#&M%$#&*&;%0#&0%"%$'0#&;1%C$#LX&X&@


&„&΂‚ X&q & &m 
&l &2X&2
 
&-$%98#<*&;1%C$#LX&A7X&
 
&l&3%4%)*QX&R$9#('0*&R$V*)&3IX&7

&O&d)*5*QX&;#.0#('0%&3%.?%'"$)%&*&5?S(%'.%)1('01&/1DJ1X&@

&R$V*)&/#&#$9#(#'0?&'"#$*(?&IX&AX&72

&U'"%$*5#&!$9#&IIIX&2A 

&M&_$1D%+(*0X&B#(<1.#$*'0*&*&(%"#$'0*&'4*'*&;1%C$#L&AX&26

&O&O0X&Ï

& &  &‚  º&aI&@X&@7

&h&!"%5#(%)*QX&!"#$1&'$4'01&4%)1J1&*&4*'D#&;1%C$#LB#$.%)<*&X&,X&@X&7
 
&r&qX&s 
 &€&„yX&^^^X&A7AX&A,


&!"#$*(#$X&IIIX&7@X& 6
 
&€ 
 ‚&‚º &v

&aIIX&A@X& 7
 
&!*D%0#"#X&'4&LX& 
 
&m&ä&M#$0#)*X&!0#/#(å{&D?'?.¯D#('0*V}&4*'#"1.æ{&%&!.#){(#V}&*&Y?''0*V}
!31"1$9?$C}X&@67X&2,&T*L1$.1X&'4&LX&6@
 
&a&l ‡ ˆX&€   &
‡ &  & ¿&& &q &€  &@6 X& 
 
&„&b?"%)#<X&!"%P#$'")%&(#&'1)1$%*'"%P(*D&3$%0.1"*5#D#&;1%C$#L&AAX&2
 
&p &IX&6X&A 
 
&`&"%D%L&4%'.1L81&.*"1$#"?$1&x &O&q  X&€ && &q &s 
 &€
„y&^^IX&7&-$&K&3%4%)*QX&\#L$?C#&!#$#5)X&&*&C.#'(*0&\1D&=?/15#&^^^IIIX


 

 7
&€&a 
 X&x &
º

&s 

‚ &€  &A@


 
&†&&"%D$#'4$#)J#81&p&b*.10#&?&`'D%D&*/)51+Q?&)1.&C*D(#/*51&?&!#$#51)?X&@7X&
6
 
&`&C1%C$#N'0%5&(%D1(0.#"?$*&;%'(1&*&:1$<1C%)*(1&M.#'(*0&M1%C$#N'0%C&-$?+")#&^IIIX
6


&`&/(#P18?&"1&$1P*&K&O#C*QX&z

 ‚&R&lyy   &su &X&A,@
 
&[&.%0$?D'0*D&N#./*N*0%)#(*D&#0"*D#&'4%D*8?&X& 
&q 
X&Fs &€  


&&& &v
  FX&#.*&*D#D%&*&"*"?.?&F
&
& &€  F&o
e*+*QX&b1"%4*'&4%4#&-?0J#(*(#&;1%C$#L&&\#C$19&@@X& &T1D#8*(&9$#"&=*$%'.#)X
(#&0$#5?&^II&)0X&*D#&"*"?.?& 
$&!$&h&!"%5#(%)*QX&!"#$*&'$4'0*&/#4*'*&*&(#"4*'*&IX&9$
X&AX&,


&„&„  X&q & ¿&x  &A2X& 7 X&6A


&=%(%C$#N*5#&D#(#'"*$#&-%9$*Q1)#&=%'"#$&7@X&6


&l&B.#5*Q&&*/(1%&D*+J181X&F& & & &&  &&  &&E&& ‡ G&¿
 &
 
&  & 
& &$y#51&
&y&EX&¡›¨G.&y && &

¿
 &l&&
 & &&
 &E  
G&& & 
 &~    X&&&

  &^&
 ˆ& &y& &&t X&~ & &s
F&a
 &€&  &IX&@X
2&[&=#>#$'0%5X&(#C.#+#)#&R&-%D#(%)'0*X&ç&  && &‚ &&^II&
É X& &  &&X š
 È &&
 &&  &
  &
  & &  &&&‚ & F&~
À&
 È&&„&ƒ&  &l
&EAGX&@6


&†&!1D*/X&\%$#X&IIIX&@@X&A2


&K?0&B#$#Z*QX&!0?4J1(*&*'"%$*'0*&*&1"(%C$#N'0*&'4*'*&;1%C$#L&@@X&,7


&x   ¿ &y  &IaX&A


&„&l X&q  
& 
&IIX&@X& 2


&!4&LX& 6




&„  &:IIX&@X&AA




&O*$1P10X&'4&LX&2
 
&Î ‡ ˆ&€   &€  &X& @,
 
&M.#'(*0\1D&=?/15#&^aIIIX& 
 
&l&'.*01&*&%4*'&0%L&K&W?$P*Q#&ƒ &aIIIX&AAX&A7
 
&¼&„
X&w 
&v&&s &l   &@@X&s&aX&A 2
 
&†&†&=*.?"*(%)*QX&U'"%$ #&d1$(1&M%$1&;%C$#L&@A2X&@&*&L&!&4$1"1(<*%/(%+Q?&a
a  ˆ&a
 ˆX&½
& y&‡& ‡ 
 &x  &72
 
&a&t  ˆX& 
& &&^II&&^aI&
 ˆ&v&†^^^&@6X&@2
 
&O*$1P10X&'4&LX&A7
 
&O&f$L1J#(%)*QX&T#'1J#&^^IaX&A2@X& 2


&T#'1J#&I^X&AX&6,
 
&m&b?9?$*QX&-$%98#<*& 627
 
&U/&3%$N*$%C1(*"#&'1&(#.#/1&'#D%&C.#)1&%&!.%)1(*D#&?&O&x&l X&q  &
 

~&7&x &O&Ï ¿ ˆX&r&x  &~
&t   &@6 i&o&e*+*QX&b1"%4*'&4%4#
-?0J#(*(#&;1%C$#L&@i&b*"1$#"?$#&v¿ X&xX& A,i&†&w ¿X&x 


 

 7


 

&&l  &&q &&l


 &Æ &
&„   
&r &@6X&
A2i&!"&T%)#0%)*QX&!$4'01&%9.#'"*&^&*&^II&)0&M.#'(*0&'$4&?P1(%C&L$?+")#X&^~aIIIX&@@7i
o&e*+*QX&b1"%4*'&4%4#&-?0J#(*(#X& 26A&;1/&)$1L(%'"*&5&'4*'&m&3#)*Q#X&† 
t
 &aII&r ‚  #&x1& 
 &  X& &A,&€  &7,
 
&„&l X&q  
& 
&IIX&@X&26&*&L
 
&„&K1C%&0#/?51X&L#&'1&*&L#(#'&J?L*&'&%91&'"$#(1&L%81&T1$1")1&0&M#91.1&*&=1"0%)*Q#
(#/*)#5?&b?P#(*D#&r 
&
&y X&q  X&A6X&6 
 
&FB#L&J?L*&%L&=%'"#$#&L%&-?9$%)(*0#&L%C%(1&)5?&"%0?&?&'"?L1(*51&0)X&%(L#&*V
'51)1$8#<*&(#/*)#5?&:?D8#<*D#F&=&aX& 
 
&†&&"%D&$#'4$#)?&„&-*(*Q#X&M.#'&†~aIIIX&76A
 
&UD#&*&05&;*+1)%X&0%5*&4%P*81&%L&3#?P*('01&Y*5101X&F*L1&L%&;*51.1&d$0)1&*&(#'.#8#&'1
(#&U9#$F&M&;%S%)*QX&!#&'1L.#&*&'#D#$#&;1%C$#L&A7X& 7
 
&3%&*'4*"*)#8*D#&V*'"%$*'01&C1%C$#N*51&=&-*(*Q#
 
&x   ¿ &€   &IaX&A, 7


&M.#'(*0&\1D&=?/15#&^~IIX&A7X&
 
&l&!0#$*QX&3$*.%/*&IIX&X&@ @
 
&„&B?/D*Q&"?D#P1Q*&*D1&b*51)(#&%L&V.)}(%&F'"#5#FX&C%"&  &(#.#/*X&L#&"%&*D1&F 

  &  &ˆ& &q  & &
&
&
&s & & &&l &
&
  F&ƒ
 &
 
^~X&,6

&3$*J?9&Y#0?+1)*QX&F &q FX&/#L?S*%&'1&?&-?9$%)(*0?&6&%0"&AA2&x &ƒ &II
‚&26&-#&.*&'?&"%9#+&)&'[

&p&lX&7 

&†&M.#'&†~^aIIX&A2X&6&;1/&)$1L(%'"*&?&*/.#C#8#&;&Y#L%50%)*Q#&%&;%'(*&*&81(*D
C$#(*<#D#&?&L1.?&3%.*"*P1&4$*.*01&?&!$9#&%L&L%'1J18#&(#&;#.0#('0%&3%.?%'"$)%&L%&0
^&)0&;1%C$#L& 7X&,

&M.#'(*0&M1%C$#N&-$?+")#&^IIIX& @i&!&r
X&l
 && y & & u

€ &q 5&X&,6&†&m&r 
X&x
& y 
&v &
& 

p
 &~ &AX&6

&qX&x y&q X&,7

&!"&T%)#0%)*QX&M.#'&^†IIX&AX&722
 
&†&e*+*Q#X&'4&LX& 27


&=%51&*/L#81X&A&[&P1+0%D&4$#)?&#
#&'?&F(14%0$1"(#&L%9X&0%5#&'?&'#P*8#)#.#
0%.10"*)(?&')%5*(?&<1.1&4%$%L*<1&*&4$1.#/*.#&'?&%L&4$1L#0#&(#&4%"%D01F&t&B#L.1<&&o
H#$#(%)'0*X&3$)%9*"(%&'.%)1('0%&4$#)%&;1%C$#L& X&@2
 
&&Y#L%5P*QX&M.#'(*0&!0%4'0%C&T#?P(%C&-$?+")#&^a^aIXA,X&@
 
&h&!"%5#(%)*QX&!"#$1&'$4'01&4%)1J1&*&4*'D#X&IX&2,

&„&3?<*QX&!4%D1(*<*&$}9'0*&IX&;1%C$#L&@2@X&A

&†)&*/)%$(1&)1'"*&&"%D&4%0$1"?&4$*0?4J1(1&'?&0%L&Y#P0%C&x&A7@X&*&o&B%'#X
s  &y&y &q &IIX&27,6

&l&&\.#"#$'0*X&U'"%$*{&(#&9}.C#$'0#"#&L}$S#)&IX&!%N*{&@X&A6

&¼
&† 
X&p&l&@A@X&@ &†&*&3%$N*$%C1(*"#X&'4&LX&@


 

 7A

&Ä&D.1"#P0%'.%)1('0*D&%L(%'*D#&s&„  X&† &y & 

&v
@7i&s&„  ˆX&w 
& &I^&
 ˆ&vX&&27X&7i&s&ƒX&q  &
a &q &I&AX&II&2&!"#$*51C&51&L#"?D#&L1.%&=&3$1.%C#X&l&† èé&
&lè¿

&è ê&
 &r &77&;1/&)$1L(%'"*&'?&'4*'*&l&r ˆX&Ä&
&
& X
€  &@i&h&&K.#P*QX&U/&4$%+.%'"*&'$4'01&%9.#'"*&(1$1"J#('01&=%'"#$&7&`L
%4+"*V&4$*0#/#&&t 
 X&s
 &&a &IX&s&72&*&z&Î ‡ ˆX&r 

 && &  &  &€  &2

&T1$1"J#(*&'?&4%(10#L&/)#.*&„  X&"&5&4$*D%$<*&E%L&.#"& &&D%$1G
 
&!$&b&:#?4"D#(#X&€   &  &¼
&€  &2i&6,@


&h&O%)#(%)*Q&4%C$1+(%&D*'.*X&L#&'?&;?C*&(#4#.*&:$)#"1&0&1)$%4'0%C&4%L$?P5#&0
'$4'01&'#)1/(*01&`&3$%+.%'"*&;%'(1&*&:1$<1C%)*(1&;1%C$#L&7X&2 2&!$&z&Î ‡ ˆX
r 
& X&AA2
 
&»&¼  X&Ä
 &&
¿&  &
 &l
&q & X&A 
 
&†&r
X&…

&„  X&^I&6,



&¼  X& X&2,&`'"#.#&.*"1$#"?$#&&"%D&4$1LD1"?&…&v 
X&…


„  &IIX&62@,i&»&¼  X&x &
 &xÆ  &l
 
&& &  
v&@2i&l&W%$%)*QX&M.#'(*0&\1D&=?/15#X&^^aX&AX& 7 7i&I&p&t ˆX
s 
 &€&=y15#X&^^aIIIX&,X& 66 ,&†&z&l ˆX& 
 &
  && 

  &€  &@@@i&x &~&w ˆX& 
 &
  & 
& ¿&€  &i&„&„
K#'*QX&R$V*"10"?$#&*&'0?.4"?$#&?&-#.D#<*5*&%L&4%P1"0#&I^&L%4%P1"0#&^a&)0&;1%C$#L
&\#&?/#5#D(1&?"*<#51&'$&a   &v&r X&~š & &&&&r
&X&»
¼  X&q  ‡ˆ
&   &€  &A

&M.#'(*0&\1D&=?/15#&^^aX& 2i&†&r
X&…

&„  X&IaX&@,X&2



&m&aX&l
&I && & 
 & y &ç& &‚ &&I^&
É &r
&7@

&B%('"#("*(&3%$N*$%C1(*"X&x& 
 &  X&A7i&x&l
X&2

&3#4*(%&4*'D%&0%L&Y#P0%CX&xX&A,6@&-#&'1&%L(%'*(#&'$4'0%C&=?"*D*$#&'$&!"
T%)#0%)*Q#X&3$)*&%'(%)*&'.%)1('01&08*S1)(%'"*&D1>?&9#.0#('0*D&!.%)1(*D#&;1%C$#L
@AX&&*&Li&e*+*Q#X&r
& X&A6i&b&:#?4"D#(#X&€   &  &¼
X&@i&w
!$19$(*Q#X& X&A2&r/)&Y#P0%C&*&O*$1P10#&(*'?&%4$#)L#(1&U'"%$*5#&!$9#&IX&6

&=&o*.*4%)*QX&f"(*P0#&4$%+.%'"&(#+1C#&(#$%L#&?&%0%.*(*&K*'%0%C&;1%C$#L&@X&,
 
&†&b&:#?4"D#(#X&€   &  &¼
X&67A


&Î ‡ ˆX&r 
& X&A2&`(&D*'.*X& & A,X&L#&'1&'&T1$1"J#(*D#&Y14?9.*0#&(#C%L*.#
"10& @&C%L&\#+"%&"10&"#L“&Ä)&?&9%$91&/#)$+1(1&'&?'41V%D&9#+&(#&(1$1"J#('0%D
4%L$?P5?
 
&h&B%)#P1)*Q&*&h&O%)#(%)*QX&U'"%$*5#&'$4'0%C#&(#$%L#X&IIX&@ X&6X&")$L*.*&'?X&L#
&K*+1)*QX&+*$*%&')%5?&).#'"&4$10%&H$19*8'01&*&-?0J1&')1&L%&-$*D#X&51$&L#&'1&'#D%&"#0%
D%C?&%95#'(*"*&81C%)1&(14%'$1L(1&)1/1&'#&!*D1%(%D&R.*D*&(1D#D%&(*0#0)#&(1'?D8*)#
L%0#/#X&L#&'?&8*V%)1&)/&9*.1&(14%'$1L(1
 
&†&v¿ X&xX&@62

&m&B?(*0#&*&K&Y%/1(#X&U/)'"å{&R.;&0$*&*&L$?C*V}&#)"%$%)}&%&Y?'*&*&!.#){(#V}
!31"1$9?$C}X&@6@&X&2A 

&U/L&o&e*+*Q#X&A,6

&[&(1)1'*8'0%D&'$1/?&4%'"%5*&'1.%&Y#9*(#

&l 
&5#)J#&'1&5%+&0%L&U.*$#&¼0&&/)#%&51L#(&8*V%)&4$)#0&¼&b*)*51&^~IaX&A


 

 7

&-?0J#(*(%)%&4$*P#81&%&3$1L*D*$?&*&81C%)*D&(#'.1L(*<*D#&?&)1/*&'&%)*D&V*'"%$*'0*
4%/(#"*D&L%C#>#5*D#&V$%(%.%+0*&51&'0$%/&4%D?Q1(%&*&(1?4%"$19J*)%&T&RL%(<&%L9#<?51
P#0&*&4$*P#81&%&K.#L*D*$?&0&/9*$&4%D?Q1(*V&4$1L#8#&q &~šm À &l  

A@X&22,A

&U)#(&c#0%(X&'4&LX&26,7
 
&-?0J#(*(X&A  


&!$&(1+"%&/#'"#$1.?&#.*&5%+&0%$*'(?&'"?L*5?&o&Y#P0%CX&K% &w &q &y& 


&l &AX&2&*&L
 
&l&…


&&a&w 
&† &q  &r  &@,X&6@
 
&~&t X&a
 & & & ‡X&^aX&@,

&-#&.*&&;%'(#&L%".1&9*.#&4%.?(1/#)*'#(&9#(#"X&0#0%&9*&*/C.1L#.%&*/&%(1&#0<*51&4$%"*)
K%5*'.#)#X&?&(10%5&.#9#)%5&/#)*'(%'"*&%L&K*/#("*51X&*.*&&9*.#&?&0#0)%5&91/*&'#&:$)#"*D#&(1
/(#&'1&4%?/L#(%&R.*&D*&4$)#&4%'"#)0#&*/C.1L#&)1$%)#"(*5#X&L%0&/#&L$?C?&(1D#&#4'%.?"(%
(*51L(%C&(*&?&4%.#&4%?/L#(%C&4%L#"0#&O1L(#&51L*(#&'")#$X&0&5&0%L&)$.%&%/9*J(*V
V$)#"'0*V&(#?P18#0#&L#)#.#&4%)%L#&/#&"#0)?&")$L8?X&51'"1&"%X&+"%&'1&?&51L(%5&4%)1J*&0$#J#
31"$#&B$1+*D*$#&*/L#(%5&7,&C%)%$*&%&F(#+*D&S?4#(*D#X&0(1/%)*D#&*&( %Q¼
4%D*8#81&9#(%)#&?&D(%S*(*&(#)1.%&*V&&(#&4$1"4%'"#)0?X&L#&'1&D1>?&8*D#&D%S1&(#.#/*"*&*
9%'#('0*X&4%+"%&'1&"*"?.#&9#(#&5#)J#&*(#P1&"%9%S1&'#D%&(#&4%L$?P5?&9*)+1&V$)#"'01
L$S#)1&l?0&!"1N&B#$#Z*Q&/#91.1S*%&&?&')%D&' %O
- &E;1%C$#L&@@X&AGX&L#&?
;%'(*&4%'"%5*&"$#L*<*5#&%&(10%D&F\)%(*D*$?&(1/(#9%+<?F&0%5*&L#&&'#C$#L*%&C$#L&\)%$(*0
K1$%)#"(%&&%)L1&G&*.*&D?"(%&'1Q#81&(#&*D1&\)%(*D*$%)%&*.*&G&(#$%L'0#&1"*D%.%C*5#&/#
*D1&C$#L#&`&%)%D&4*"#8?&'$&4%'.1L81&*/.#C#81&o&e*+*Q#X&r
& X&2A7X&2A,

&xX& , 

&w&r  X&…


‚ &„  &IIX&@ X&2@,

&x  &€   &IIX& @

&Ä&81D?&„&…  X&m&uyÀ &ë
y Æ&  Ü&   &u À&¼
è &@X
767i&L$&=&3$1.%C&-)#L1'1"L$?C*&*/)51+"#5&)1.*01&C*D(#/*51&?&!#$#51)?X&7@X&2

&†&z&† X&w&II&†É&&„&II&†É&r
&
 
&
  & &IIIX&p&lX&7 X&A


&I X&7@&†&H1%L%$#&3$%L$%D#X&x &t&ƒX&s 
&s
 
   &
s
 
È & &yu ‚&w  &~ y &@@ X&@ &`&;#0V*(?&U&Y?)#$#<X
M%L*+8*<#&^IaX&72i&l&W%$%)*QX& X&^^^IaX&A 
 
&†&3#?.1$&'4&Li&z&„   X&x
&
  &a Æ 

&l
 
&y&t  &
½ &€º &@@&-1.%&&*(#P1&.*+1(%&(#?P(1&0$*"*0
 
&`&9#(?&;%$*Q?&4%'"%5*&'0$%/&(10$*"*P(#&'"?L*5#&o&=*.%9#$#&?&T#L*&@X&9$& 
3*'#<X&(#&4$X&/#D18?51&:$#D&(#&-?(#)?&'#&Y#D%D&?;%'(*

&B1/*(#&:$%(*0#X&„&z  
X&†  &  &ì Èp 
º
&@@AX&,

&l&D%5&P.#(#0&?&3$*.%/*D#&aX&2X&27&W&H$?V1.0#&D*'.*X&L#&B%"$%D#(*Q*&4%"*P?
*/&B?"51)#&?&!.#)%(*5*&*&L#&51&'&"%C#&L%+#%&(#L*D#0&M%"%&EB?"51)%°s X&sX&sG
ƒ
 &a
 0&^~IX&AA&Ft 0& &  &  &t  ˆF

&x  &€   &IaX&  2

&†&o&e*+*Q&b1"%4*'&4%4#&-?0J#(*(#X&7X& 2A&¼&&#?"1("*P(%'"&81C%)1
4%)1J1&?")$>1(#&4%"4?(%

&!$&O*$1P10X&U'"%$*5#&!$9#X&I&2&x  &€  X&IIX&,26


 

 72

&x  &€  X&IIX&62,
 
&x   ¿ &€   &IIX&,@


&†&&"%D!"&!"#(%51)*Q#X&M.#'&:!IIX&X&7
 
&†&x &ƒ&v¿ ˆX&x&
&t&&  
& 
 &€  X&76
 
&†&'"?L*5?&%&B?.*(?&K&W%$%)*Q#X&M%L*+8*<#X&^^^IaX&X&2A6;1/&)$1L(%'"*&
'4*'&=&B#$#(%)*Q#X&3$%9.1D&B?.*(#&9#(#&!#$#51)%&A2
 
&K&W%$%)*QX&FO1L#(&'$4'0*&(#"4*'&*/&^II&)*510#F&M.#'(*0&\1D&=?/15#&^^IIIX&&!$>X
7,X&2 
 
&x  &€  X&IIX&@7@i&O&Y#L%(*QX&-?9$%)#P0#&#0"#&*&4%)1J1&IX&;1%C$#L&A X&6i&q
ƒ X&†  &v
&w&v
 & &w&s &€  &@AX&,7i&O*$1P10X&U'"%$*5#
!$9#&IX&22,
 
&†  &v
&w &v
 X&,
 
&3%'.1L81&*/L#81&'&0%D1("#$%D&M&UJ*('0%CX&M$#D%"#&9#(#&B?.*(#&3#D{"(*0*&L$1)
4*'¯D1((%'"*&*&*'0?''")#&†~^IaX&7,&†&„&Y1+1"#$#&%<1(?X&m  &‚º &
&r   
^^I^X&76X& 2 
 
&x &s y X&@6 X&9$&,
 
&„&o*.*4%)*QX&f"(*P0#&4$%+.%'"&(#+1C#&(#$%L#&?&%0%.*(*&K*'%0%CX&2&3%'"%5*&C$#L
-?9$%)(*0&*.*&-%9$%)(*0&*&0%L&'1.#&M$D?+1&9.*/?&[(1&`4*'#%&C#&51&t&B%)#P1)*Q&?
;%'#('0%5&K*.*&@@6X&7A
 
&r 
&l
X&26&¼X&+"%&B?.*(&L#"*$#&4%)1J1&%L&$%>18#&:$*'"%)#&(*51&(*0#0#)&L%0#/
/#&81C%)%&4$*4#L(*+")%&0#"%.*P0%5&)$*&¼&&4$%'"%&?"*<#5&/#4#L(1&L*4.%D#"*01X&0%5*&51&?
;%'(?&L%+#%&4$10%&-?9$%)(*0#&*&-#.D#<*51X&*&0%5*&'1&(*51&*/$#/*%&'#D%&?&"%5&51L(%5
%'%9*(*&!$&!"&!"#(%51)*Q#X&M.#'&:!X&X&@,&E?"*<#5&?&*()%0#<*5*G&^†IIX&AX&6@&E?
*('0$*4<*5*G


&h&!"%5#(%)*QX&!"#$1&'$4'01&4%)1J1X& 2
 
&I X&2@


&x  &€  X&IaX&AA 


&[&"10'"?&'"%5*&„ 
  &t X&+"%&B?0?J1)*Q&*&Y#P0*&*'4$#)J#5?&?&† 


R(#'"#'*51)*QX&`"#<&T1D#8*(X&;1%C$#L& X&2X&D*'.*X&L#&9*&D%C.%&9*"*&„& 



&x  &€  X&IIX&AAA &=*.%9#$&")$L*&91/&?'"$?P#)#8#X&L#&&=*$%'.#)&9*%&F4$*'"#+#&*
$1)(%)#"1J&9%C%D*.'01&V1$1/*51FX&P#0&FJ?"*&4#"#$1(F&E;#(&B?.*(X&M.#'(*0&\1D&=?/15#X&^aX
'&%X&A@X& 7G&`(&L$S*X&L#&51&=*$%'.#)%)&4$*D1$&D%C#%&?"*<#"*&(#&B?.*(#&H#&51&")$L8#&91/
*0#0)#&%'(%)#&Y#P0*X&0%5*&&$#L*%&'&D#81&4%/(#"*V&L%0?D1(#"#&%&=*$%'.#)?X&9*%&51&/(#"(%
%4$1/(*5*&vX&aIIX&@,X&6&T10$*"*P0*&0%L&x &I&„  ˆX&q  & &&IIX&€ 
7 X&26


&x  &€  &3X&A27A2


&x  &€  &IIIX& 2


&I X&'"$& 2&3$1)%L&4?(&0L&Y#P0%CX&v&aIIX&A&*&4$1)%L&C.#)(*V&D1'"#&0L
=*.%9#$#&2A&E'14&%&'"$&2AG&?&C.#)(%D&"#P#(&3&=.#L1(%)*Q&;%.*(%&3%J1&'&%)*D&/9%$%D
'"#)J#&0&F;*51.%&3%J1&0%L&!?"51'01F&U/&4$%+.%'"*&9%'#('01X&!#$#51)%&76X&6&;%.*(%
°&;*.*(%&3%J1&%/(#P#)#5?&?&\1(*<*&!$&%&81D?&(#$%L(?&"$#L*<*5?&O)X&^aIIIX&@X&'"$
2@&;%'#('0#&K*.#X&aIIX&@X&'"$&,6&l &&0&(#/*)&D1'"#&'4%D*81&?&51L(%5&4%)1J*
 &?&S?4*&K$V9%'(*X&?/&0#"1L$#.?X&*&?S?4*T1$1")1&x  &€  &IaX&A&!#$#51)'0%X&
%9/*$%D&(#&D1'"%&0#"1L$#.1X&9*Q1&(#5)1$%)#"(*51&D1'"%&/9%$#


 

 7,


&B%L&Y#P0%CX&v&aIIX& X&4%C$1+(%X&L#&&'#D&B?.*(&*+#%&fD1$*V?&`4+"*&4$*0#/&%)%C
')1C#&*D#&x &ƒ&r‚ ‚‚ X&x &
&x    
  y&ۼ &AX&2,@


&x  &€  X&IIIX&A,6



&ƒ
 &a
 &^aIX&7@X&2@


&x  &€  &IIIX&A,6
 
&l&!"&B#$#Z*QX&!$4'01&(#$%L(1&4%'.%)*<1&;1%C$#LX&77X&9$& 2@ X&2A&„
B#41"#(%)*Q&h?9?+#0X&T#$%L(%&9.#C%&†)&@@@X&9$&@&!$&„&[9#)0*Q#X&U'"%$*5#
!$9#&IX&;1%C$#L&@@,X&,
 
&h?9&!"%5#(%)*QX&!"#$1&'$4'01&4%)1J1&*&4*'D#X&I&,
 
&3%&b?<*Q?&B.#5*QX&'4&LX&,2X&2X&A
 
&x ¿ ˆX&r
 &€  &@6X&9$&A,6Ai&'"$&Ia
 
&q   &l‡X&€ 
& & 
 &l
&€  &@2X&A
 
&x &‚ &w&w  ˆX&~
&‚ &ƒ  &~‡ &q &,X&
 
&!$&3&!0%0#X&w
&
&¿

&IX&A2X& ,
 
&†&Ä&xÆ X&ƒ
&I&~ y &&l &76i&m&l'1.%)'0åæX&Y#/|'0#(å{&)}
%9.#'"*&L?V%)(#C%&'"*V#&!41"1$9?$C}&@@&*&@i&U&U)#(%)¯X&;%C%D*.'0*&0(*C*&*
.1C1(L*&!%N*{&2


&M.#)(*5#&.*"1$#"?$#&%&9%C?D*.*D#&;&31"$#(%)*QX&;%C%D*.*&\#L#$&@,6&x &z&v¿ X
l & &r  X&v&aIII^X&@67X&'#L&*&4%'19(%&?*/L#8?&!&B&R0#L1D*51X&A&
['41('0åæX&;%C%'.%)'0%1&*&N*.%'%N'0%1&L)*S1(å1&)}K*/#("å*&j?$(#.}&D*(&(#$
4$%')ã1(å{X&@&E!*DG#&H%DE*QG&B#0)#&51&9*.#&'$1L81)510%)(#&<$0)#&9%'#('0#“&;%'#('0#
K*.#X&aIIX&@&m&‚ X&q& & y&l
&€  &7&m&3&b191L1)#X&U'"%$&%P1$0*
"{(å{&)*/&)%'"&<1$0)*&=%'0)#&7&„&‰  ˆX&†  &&  &ˆX&&
&
l
 & &&Î
 &a
 &^IIIX&7,&w&w  ˆX&x&r 
&l
&q  &7@&s
z  X&x &r  &~ y &7@&»&¼  X&x
&¼
&
&s
&v &…


„  &^IIIX&,&&3&;.#C%1)}X&3$#)(*&*&'%<*#.(*&)}/C.1L*&(#&9%C%D*.*"&!%N*{
&E'$&T&Y#L%5P*Q#&%<1(?X&b1"%4*'X&08& X&AG&O&„
 ˆX&Ä  &  


  ‚ &s 
 &€&„y&^^^IIX&7&w &I ˆX&x &l &q &t  &A
;&M.?+#<X&!$1L8%)10%)(#&F9%'#('0#&<$0)#F&3$*.%/*&IaX& &&Y#L%5P*QX&`&/1DJ*&*
*D1(*D#&;%C%D*.#&3$*.%/*&aIIX&6&O&r  X&l
&€  &6&x&t  X&t  
¼È& & & 

&  &€  &A&p&R8*P0%)X&=#(*V15*&*&9%C?D*.*&M.#'(*0
!0%4'0%C&T#?P(%C&-$?+")#&aX&&w&Î X&r  &F 

& F&v&2X&A6&;
B%)#P1)*QX&Fl%C%D*.*F&†&B&M.#'(*0&~IaX&A@
 
&!$&T&3&;.#C%51)#X&;1'1L#"#&(#4$1/)*"1$&B%/D#&4$%"*)&9%C%D*.*"1&!%N*{&A
 
&„&¼&3%4$?S1(0%X&†)&B%/D|&4$1')*"1$#&'.%)%&(#&1$1"*0*&E3#D{"(*0*&L$1)
4*'¯D1((%'"*&*&*'0?''")#&†~^aIIG&76
 
&;#9?(&El GX&0&.*P(%&*D1X&(#.#/*D%&*&?&[C#$'0%5&†&  & 
&IIIX&6&[
!.#)%(*5*&5&4%/(#"#&4%$%L*<#&;#9%(*Q#
 
&†00X&'4&LX& , 2
 
&!)1"%'#)'0*&/9%$(*0&IIX&6
 
&3$%')1"#&^^IX&A6X&7,
 
&!4%D1(*0&^^^IX&@@X&2i&!4%D1(*0&~aIX&X&A7
 
&†&D%51&(#4%D1(1&?&3$*.%/*D#&IaX&,@&†&a&t  ˆX&ƒ
 &
 &^^^aX&,X&@6


 

 76
 
&!"&T%)#0%)*QX&\#0%(*0&!"1N#(#&-?+#(#&;1%C$#L&@@X&,6X&@


†&l&O#C*Q#X&m  &‚º &
&r   &^^^IIIX&2@,
 
&~  &†  &
  &
  
&p&p&x Ü&IX&6
 
&M.#'(*0&!$4&[P1(%C&-$?+")#&~^IIIX&@@2X&A

&a&
&X&@26

&m &
  &p &Ä 
&&Ä&sÜ &†  &,X&@&†&3$*.%C1&IaX
,

&!"&!"#(%51)*Q&&?4%/%$*%&(#&D#Q1L%('0*&?"*<#5&?&*("*"?.#<*5*&0%L&(10*V&9%'#('0*V
4%)1J#&M.#'&^†IIX&

&;&3$%0*QX&;$#"'")%&I^X&^X&7X&27


&„  &^IIIX&,



h&!"%5#(%)*QX&q &^aIIIX&A7
 
&l&M.?+#<X&T#/*)&')1+"1(*V&.*<#&?&4$#)%'.&9%'#('0%5&<$0)*&B#.1(L#$&3$%')1"#&/#
AX&27A


&†&w ¿X&q&&s

‚& &    &q X&IIIX& X& 2,
 
&a &@6X&2, &x &w&l yX&†  & y& 
& 
 X&IIX&€  &@@@X&A2
 
&q ^^^I^!& 

&a
 €&  X&^aIIX&2X&A @

&q&t &&a&»  ˆX&q  
&x & 

 &„

&q &X&6

&[&-?9$%)(*0?&?&^Ia&)10?&*D1&;#9?(*<#X&&?&!"%(?&;#9?(%)*Q&EA2&C%LG&-?9$&L$S
#$V*)i&~&&‚
&IX&Ai&x &†&^IIX&AA

&T*51&?91LJ*)%&$#/.#C#81&&Y#L%5P*Q#X&L#&5&*D1&9#9?(#&L%+.%&%L&'10"1&((&E–
¹–¡¹•¡•’&&9.#"%GX&0&51&0%L&M0&9*.#&4$1/$1(#&*&C$>1(#&3$*.%/*X&aIIX&27&3&†0%0&L#51
)*+1&0%D9*(#<*5#X&#.*&(*51L(#&(*51&4$*51DJ*)#&O&
&¿

&IX& ,@6

&†&l&†0#$*QX&3$*.%/*&aIX&,X&767

&q &^^^aIX&@A


 

 7@

 
B#%&9#(&9%'#('0*&4%'.1&B?.*(#&'4%D*81&'1&(10*&*(#P1&9.*S1&(14%/(#"*&!"1)#(X&%"#<
?'%$'0%C&0(1/#&!*9*'.#)#X&0%C#&51&4#4#&M$C?$&I^&A,&C%L&?/1%&4%L&')%5?&/#+"*"? 
!?L1Q*&4%&"%(?&4#4*('0*V&4*'#D#X&?&0%5*D#&*'"*P1&!*9*'.#)#&*&81C%)?&D#50?&0#%&FJ*J#(
D1>?&"$81DFX&*/?/1"(%&)1$(1&$*D'0%5&<$0)*&D1>?&9%'#('0*D&4$)#<*D#X&F?&'$1L*+"?
41$N*L(%C&(#$%L#Fi&4#&%(L#&(#$%P*"%&$#L*&"%C#X&+"%&%(&.*P(%&?/*D#&?&/#+"*"?&8*V&*
8*V%)#&L%9$#&?/L#5?Q*&'1&?&4%D%Q&D#>#$'0%C&0$#J#&*&+"%&%&"%D&%9#)1+"#)#&(#L9*'0?4#
%'"$%C%('0%C&*&%'"#.1&9*'0?41&4%/*)#5?Q**VX&L#&4%D#S?&%L$S#"*&4#4*('0?&$1PX&&"%&')1&L#51
4%)%L#&'?D8*X&L#&9#(&!"1)#(&*&81C%)*&(#'.1L(*<*&(*'?&*D#.*&5#0#&%'.%(<#&?&(#$%L?&*&L#*V
51&).#'"*"#&(1D%Q&*&(?SL#&(#C(#.#X&L#&"$#S1&4%D%Q&?&Y*D?
&H%&'1&(#$%P*"%&4%")$>?51&"*DX
+"%&!*9*'.#)&(*51&9#(&9%'#('0*X&0#0%&9*&4%&(#'.1L'")?&"$19#%&L#&9?L1X&(1C%&'1&%L
"$*L1'1"*V&C%L*(#&0#%&9#(&5#)J#&=#"15&T*(%'.#)X&4%"%D#0&).#L#5?Q1&4%$%L*<1&?&;%'(*
T*51&4%"4?(%&5#'(%&0#0%&51&L%+.%&L%&"%C#X&L#&0(1/&!*9*'.#)&).#L#&9#+&?&%9.#'"*&!%.*&*
['%$1X&%P1)*L(%&4%L&D#>#$'0%D&/#+"*"%D&`P1)*L(%&51X&L#&51&*/C?9*%&?4%$*+"1&?&;%'(*&*.*
81C%)&%"#<&*.*&%(&'#D&*&L#&'?&P#0&D%$#.*&(#4?+"#"*&"?&/1DJ?&T*51&(1)1$%)#"(%&L#&'?&%(*
?'41.*&L#&%L)%51&%L&9%'#('01&L$S#)1&%9.#'"&['%$1&*&!%.*X&0%5#&'1&(#.#/*.#&?&B?.*(%)%5
).#'"*X&#&(*51&9*.#&?/&4$)%9*"(?&;%'(?&0#%&81(&'#'"#)(*&L1%&R.*&51&*'"%&"#0%&D%C?Q1X&L#&'?
D?&=#>#$*&?'"?4*.*&"#5&0$#5&L#&%(&?&81D?&0(1/?51&0#%&)1P(#&'4%D1(#&A&9%'#('0%C&9#(#X&0%5*
9*&'1&?'?L*%&L#&?/D1&'#D%'"#.#(&*.*&%L9%5#(&'"#)&4$1D#&=#>#$*D#&`)#&D*&'1&L$?C#
4$1"4%'"#)0#&P*(*&)1$%)#"(*5%D&;*.%&9*&*(#P1&(1.%C*P(%&L#&T*(%'.#)&'#D&"$4*&?
(14%'$1L(%5&9.*/*(*&')%C&"#0D#<#&(#&4$1'"%X&0%5*&?/&"%&<1.%&)$1D1&)%L*&4%.*"*0?&L$?0P*5?
%L81C%)1
[&L%9#&*/D1>?&B?.*(#&*&T*(%'.#)#&;%'(#&51&9*.#&)1%D#&%/.%C.#+1(#&(#&4#4'0%5&0?$*5*
T#$%L(#&<$0)#&*D#.#&51&')1&)*+1&?'41V#&*&*/)1+"#5*X&0%51&51&4#4#&L%9*5#%&%&"%DX&D%$#.*&'?
9*"*&"#0)1&)$'"1X&L#&'1&%(&9*%&$1+*%&(#&(#5%+"$*51&D1$1&e#J?Q*&')%C&.1C#"#&R0%(<*5#&'#
(1%C$#(*P1(%D&).#+Q?&?&;%'(?&4#4#&D?&?&4*'D?&%L&A&L1<&&)1.*X&0#0%&"#D%&51$1"*<*
5#)(%&*'4%)1L#5?&')%5?&)1$?X&F0#%&+"%&.#D*51&L%51&')%5?&+"1(#L&C%.*D&'*'#D#FX&4#&51&'&"%C#
4%/)#%&0$#J#&R(L$*5?&*&')1&?C#$'01&14*'0%41X&L#&FD%Q(%&*&D?S1)(%&*'"?41&0#0%&9*&*V
?(*+"*.*F &-)#&L#(#&*/#&"%C#&?4?"*%&51&4*'D%&*&U)#(?&(#L9*'0?4?&%'"$%C%('0%D&*
81C%)*D&'?N$#C#(*D#&'#&4$*9.*S(%&*'"*D&'#L$S#51DX&"$#S1Q*&%L&8*V&L#&4%D#S?&#0<*5?
R0%(<*51)? &!$1L*)+*&*/)1'(1&4%'.%)1&?&!4.*"?&*&'.%D*)+*&4*$#"'0*&%"4%$&`D*+#(#
R0%(<*51&4%>1&?&;%'(?&*&"#D%&4%P1&$#LX&#.*&'1&(#'0%$%&$#/9%.*&*&)$#"*&(#"$#C&?
-#.D#<*5?
=#>#$*&?&"#5&D#V&(*'?&9*.*&'4$1D(*&/#&)%5(?&*("1$)1(<*5?&3%'.1&(1?'41.%C&0$'"#+0%C
4%V%L#&?&!)1"?&\1DJ?&0$#J&R(L$*5#&'1&)$#"*%&4$1"$4#(&L?C%)*D#&=?P1(&C$#9J*)%+Q?&*
'#D%)%J%D&)1.*0#+#X&0%5*&D?&*/(?L*+1&F\.#"(?&9?.?F&EG&*&/#?/1"&)*+1C%L*+8*D
9%$9#D#&'#&'*(%DX&%(&51&*D#%&(#54$1&L#&'$1L*&'")#$*&?&'%4'")1(%5&/1DJ*&!)#0*&81C%)
#0"*)(*5*&*("1$1'&/#&4%'.%)1&)#(&[C#$'01&9*%&51&4$%'"%&*'0J?P1(&U&'&"%C#&%(X&D1'"%
)%5(*P0%C&4%V%L#X&%L$1>?51&'#D%&"%X&91/&'?D81&'&(#D1$%D&L#&5#P1&4%.*"*P0*&?"*P1&*&L#&*V
)*+1&)1S1&?/&[C#$'0?X&L#&;%'(?X&!%.*&*&['%$?&?'"?4#&?&<$0)1(?&L%D1(?&0#.%P0%D
(#L9*'0?4?&[C$*(?&`)#5&51&"1&%9.#'"*&L%9*%&'&*/$*P(*D&/#L#"0%DX&L#&"#D%&L1.?51&4$%"*)
51$1"*0#&3#4#&51&%L%9$*%&"%&?'"?4#81&4*'D%D&%L&2&D#5#&2X&#&?&L$?C%D&51&4%/*)#%
(#L9*'0?4#X&L#&')%5&4%'#%&)$+*&1(1$C*P(%X&4$%4%)1L#5?Q*&P#0&0$'"#+0*&$#"&4$%"*)
51$1"*0#&3$1&"%C#X&&C%LX&4#4#&51&4%/*)#%&-?9$%)P#(1&L#&+"%&4$1&*/#91$?
#$V*14*'0%4#X&0#0%&9*&'1&'?/*.#&51$1'&?&;%'(*&*&*/&;%'(1X&0%5#&?/*D#&')1&)*+1&D#V#&O1L#(
4#4*(&.1C#"&?&M#.*5*&*/)1+"#)#%&51&4%"%DX&L#&R.9*C1(/*X&51$1"*<*X&*D#5?&C.#)?&')%51&).#'"*&?
/1DJ#D#&;?C#$'01X&:$)#"'01&*&-#.D#<*51X&4#&'?&%(*&?&Y*D?&)1$%)#.*&L#&'1&"#&'10"#&+*$*
*&4%&;%'(*
T#L9*'0?4&0#.%P0*&51&4%0?+#%&L#&$#L*&4%&(#$1L9*&*&(#+#%&51&P#0&*&51L(%C&)%5'0%)%>?X&O%)#(#


 

 7
R(>1.#X&'1'"$*Q#&R(L$*5*(#&*&)*/#("*'0%C&4.1D*Q#X&'*(#&U'#0#&R(>1.#X&0%5*&51&"#L&'&D#50%D
=#$C#$*"%D&9*%&C%'4%L#$&!$1D#&`(&D?&51&*&4$1L#%&/#&%4$1D?&)%5'01&77&D#$#0#&R.*&O%)#(
(*51&4$1L?/*D#%&(*+"#X&*#0%&51&"%&(#L9*'0?4&"$#S*%&)*+1&4?"#&B#L&51&')1&81C%)%&4%/*)#81
%'"#.%&?/#.?L(%X&%9$#"*%&'1&(#L9*'0?4&*&4#4*&'&D%.9%DX&L#&C#&*&%(&%4%D1(1&!")#$&51X&*
4%$1L&4#4*(#&4$10%$#X&F%'"#.#&?&41'0?F&*&')1&51&4$%+.%&"%C#&4?"#&91/&*0#0)*V&"1S*V
4%'.1L*<#&/#&'#D?&;%'(?&T#$%L(#&51&<$0)#&%'"#.#&(1'D1"#(#&*&$#L*.#&L#J1&?&')%D&4$#)<?
B#"%.*P0%&')1+"1('")%&4$#"*.%&51&81(1&?'41V1&*&9*.%&)$.%&%C%$P1(%&[&Y*D&'?&'&81C%)1
'"$#(1&'"*/#.*&*/)1+"#5*X&0#0%&51&(#$%P*"%&/#&(1?'41V&0#"%.*P01&D*'*51&0$*)&9%'#('0*
14*'0%4&H#5&51&F5#)(*&9$#(*.#<&51$1"*0#F&(10*D&51$1"*P0*D&D#(*N1'"%D&*&'*D%(*5%D&L%+#%
L%&"%C&D1'"#&[&81C%)%5&<$0)*X&5#)J#.%&'1X&(1&'.?S*&'1&'.?S9#&(*"*&'4$1D#&')1"#&"#5(#i&%(
'#D&(1&/(#&(*&L#&0$+"#)#&3%'.1&4$%)1L1(1&*'"$#C1&"#5&51&14*'0%4&9*%&'D181(&!)%D
.1C#"?&O#0%)?&310%$#$*5?X&9*'0?4?&4$1(1'"*('0%DX&4#4#&(#$1>?51&4%"%D&A7&D#5#&AAX&L#
')#0#0%&?$1L*&4$*.*01&?&;%'(*&*&L#&?&'?)*+1&4$%'"$#(%5&%9.#'"*&4%L*C(1&L)1&L%&P1"*$*
(%)1&14*'0%4*51X&0#%&+"%&51&"$*L1'1"&C%L*(#&$#(*51&4$1L.#C#%&U)#(&L1&B#/#D#$*' 
=#"15&T*(%'.#)&L%+#%&51&?&)1/?&'&%)*D&.1C#"%D&O#0%)X&0%5*&51&?&*'"%&L%9#&*D#%&D*'*5?&*&(#
?C#$'0%D&L)%$?&*&?'41%X&L#&?&D(%C%D&4$%"?$*&')%51&4$1L.%C1&0%L&0$#J#&*&81C%)#&/9%$#X

9*%&51&P%)10&5#P1&)$'"1&*&L1.%)#%&51&(1'?D8*)%&*&(#&T*(%'.#)#&`)#5&'1X&%P1)*L(%&4%L
O#0%)J1)*D&4$*"*'0%DX&%9$#"*%&4#4*&?)1$#)#5?Q*&C#X&L#&Q1&%'"#"*&F?&0#"%.*P0%5&)1$*FX&*#0%
'?&81C%)*&4$1<*&9*.*&51$1"*<*&3#4#&C#&51&(#&"%X&4*'D%D&%L&7&%0"%9$#&AAX&?/1%&4%L&')%5?
/#+"*"?&/#51DP?5?Q*&D?&*("1C$*"1"X&F4$#)%D&4$1L$#C%C&D*&?&:$*'"?&'*(#&(#+1C&')1".%C
0$#J#&[C#$'01F &[&*'"%&)$1D1&T*(%'.#)&51&5#)*%&4#4*&*&"%X&0#0%&(#*.#/*&(#&%"4%$&0%L
')%5*V&)1.*0#+#X&0%5*&'1&*/$#S#)#%&(#&%)#5&(#P*(&81C%)*&4$1<*&L#)#.*&'?&'1.#&*&%9.#'"*
4%51L*(<*D#X&F0#0%&*D&51&(#.#C#%&$#/9%$&).#'"*"1&)%J1FX&#&'#LX&0#0%&51&%(&*/&51$1'*&4$1+#%&(#
0#"%.*<*/#D&*&4%P1%&L#&C%(*&51$1"*01X&%(*X&0%5*&'?&L%9*.*&"#&'1.#&*&%9.#'"*X&(1Q1&L#&'1&L$S1
'"#$%C&%9*P#5#&*&/#L$S#)#5?&4%'1L1&*&L#J1&(1&?'"?4#5?Q*&*V&9#(?&-$?C*D&$1P*D#&%LD1Q?&'1
%L&81C#X&(#.#/1Q*&')#0#0%&%'.%(<#&?&(#$%L?&3$%<1'&51&5#'#(&;#(&51&V"1%&L#&%L?/D1&4$%(*51
*/)1'(*D&.*<*D#X&0%5#&(*'?&V"1.#&L#&*/)$+1&81C%)1&S1J1&*&(#$1L91X&#&%(#&'?&D?&'1&*&?&"%D
'?4$%"'"#)J#.#&=%.*%&51&'&"%C#&4#4?X&(1'?D8*)%&/#"%X&+"%&51&4$*&"%D&9*.#&(?S(#&*
D#>#$'0#&4%L$+0#X&L#&%(&'#&')%51&'"$#(1&?P*(*X&0#0%&(1&9*&C%$1&4$%+#%&%L&')%5*V&4$1L#0#
F/#$#S1(*V&C$1V%D&51$1"*P0*DF&\(#P*X&L#&51&T*(%'.#)&9*%&L%+#%&?&)1.*0?&"1'0%9?&B#0)1&51
)$'"1&9*%&4$*"*'#0&0%5*&51&)$+1(&(#&8&*&%L&=#>#$#&*&%L&4#4*(#&*/#'.#(*0#&*&81C%)*V&J?L*
(*51&(#D&'#')*D&*/9.*S1&4%/(#"%&-%D*(*0#('01&V$%(*01&4%D*8?&L#&'?&'1&4$%"*)
(14%'.?+(*V&51$1"*0#&F(1&$1"0%F&?4%"$19J#)#.1&*&.%D#P1 &-#&51&4$*"*'#0&9*%&)1%D#
%/9*J#(&)*L*&'1&5#'(%&4%&4%"4?(%D&4%4?+"#8?&T*(%'.#)J1)%D&3#4#&51X&(#$#)(%X&$#L%
/#L%)%J*%&T*(%'.#)#&?&81C%)%D&'0$%D(%D&"$#S18?&%9$#Q#5?Q*&'1X&*'"%C&L#(#&0#L&51&4*'#(%
*&4$%+.%&4*'D%X&)%5)%L*&B%.%D#(?X&9$#"?&R(L$*5*(%DX&C%'4%L#$?&:$)#"'01&*&-#.D#<*51X&L#
4%D%C(1&4$#)%5&)1$*&*&S1J*&T*(%'.#)J1)%5
-#&51&%)#&#0<*5#&4$%"*)&51$1"*0#&?&;%'(*&9*.#&)$.%&1(1$C*P(#&*&%4#'(#X&')1L%P*X&4%$1L&"%C
L$S#8#&T*(%'.#)J1)#X&5%+&51L#(&)$.%&$1P*"&4%L#"#0&Y%>#0&T*(%'.#)J1)&3$*51/L#&4$1+#%
51X&*'"%&"#0%X&(#&0#"%.*P#('")%i&#.*&%(*D#X&0%5*&'?&"%&4$%)%L*.*X&"#5&'#D&4%'"?4#0&(*51&9*%
L%)%J#(X&(1C%&'?&"$#S*.*&5#P#&51D'")#&/#&81C%)%&L$S#81&*&*D#.*&'?&(14$14%$(%C
#?"%$*"1"#X&L#&"%&"$#S181&*&'4$%)1L?&3$*51/L#&51&D%$#%&L#"*&')%C&'*(#&/#&"#%<#&B#'(*51&51
'#D&T*(%'.#)X&?)1$#)#5?Q*&4#4?&%&81C%)%5&4%?/L#(%'"*X&D%$#%&P#0&?&Y*D&D%.*"*X&L#&D.#L*Q
9?L1&%'.%9%>1(&`)%&L#)#81&"#%<#&0#/?51X&L#&51&?'"?4#81&T*(%'.#)J1)%&*&81C%)1
4%$%L*<1&L%9*.%&0#$#0"1$&0#4*"?.#<*51&-#&*V&51&"#0)%&4%'"?4#81&4$1&%L9*.%&(1C%&4$*)?0.%
$#/?D1&'1&'#D%&4%&'19*i&*/(?>#)#81&51&D%$#.%&L#&%C%$P*&*&L#&0#L"#L&*/#/%)1&$1#0<*5?
-#&?$1L1&;%'(?&)1$'0*&*&L#&%P*'"1&51$1'*&?&8%5&4#4#&51&9*%&%L$1L*%&L%D*(*0#(<1X&4%/(#"1&4%
)1.*0%5&$1)(%'"*&*&%+"$*(*&')%51&#0<*51&?&4$%C#8#8?&51$1"*0#&4%&o$#(<?'0%5&U&(%)*
9*'0?4&?&;%'(*&4%"*<#%&51&*/&"%C&$1L#&;*%&51&"%&T1D#<X&O%V#(1'&K*.L1'V#?/1(X&F¼ 
FX
4%'"#)J1(&0$#51D&AA&*.*&4%P1"0%D&A &O%V#(1'&51&9*%&%L.*P#(&/(#.#<&51/*0#X&?P1(
"1%.%CX&*&%L&2&*'"#0#%&'1&0#%&4$%4%)1L(*0&0$'"#+0%C&$#"#&3$1&L%.#'0#&?&;%'(?


 

 7
'$1>*)#%&51&)1$'01&4$*.*01&?&T1D#P0%5&B#%&4$%)*(<*'0*&L%D*(*0#('0*&4$*%$&[C#$'01
L%9*%&51&"?&(%)?&L?S(%'"&?&;%'(*&B#'(*51&51&4%'"#%&C1(1$#.&L%D*(*0#('0%C&$1L#&T*51X
L#0.1X&D#.#&)#S(%'"&?0#/#(#&$#L?&?&;%'(*&3#4#&51&?4?"*%&'1D&L%D*(*0#(#<#&*&P.#(#&5%+
51L(%C&$1L#X&51$&51&9*%&%9#)1+"1(X&L#&51&?&;%'(*&*&'?'1L(*D&4%0$#5*(#D#&"%.*0%&D(%+")%
F0$*)%)1$(*0#FX&L#&P*"#)#&/1DJ#&*/C.1L#&F0#%&4?'"*8#&*&+*0#$#X&4?(#&"$8#&*&0%4$*)#&*
4%'"#.#&51&.1C.%&C?5#F&!&"%C#X&4%&(10*&4?"&)1QX&+#J1&?&%)1&0$#51)1&(%)%C&.1C#"#X&4$*%$#
D#(#'"*$#&"$*'?."'0%CX&*&P.#(#&0#$"?/*'0%C&$1L#
T%)*&9*'0?4&*D#%&51&%LD#V&%L&4%P1"0#&(14$*.*0#&-%+#%&51&?9$/%&?&'?0%9&'&D#>#$'0*D
0$#J1DX&0%5*&51&?&')%5%5&N*(#('*'0%5&(1)%J*&?L#$*%&4%$1/&(#&')1+"1(*01&;*'0?4&C#&51
10'0%D?(*<*$#%&$#L*&"%C#&*/&<$0)1&B$#J&'1&%9$#"*%&4#4*&4%"?S*)+*&'1&(#&"%&*&"10&51&*/
Y*D#&'"*C.#&9*'0?4?&(#$1L9#X&L#&'1&'D*$*&'&R(L$*5%D&`"?L&'1&V"1.#&#0<*5#X&5#0#&*
%L.?P?5?Q#X&4$%"*)&51$1"*0#&*&(*51&9*.%&'0.%(%'"*&'")#$#"*&?/&%'"#.1&0$*/1&*&(%)1&'#
D#>#$'0*D&0$#J1DX&0%5*&51&9*%&%L#(&0?$*5*&*&P*5#&51&4%"4%$#&9*.#&(?S(#&/#&?'41V&0#"%.*P01
'")#$* &!&"%C#&(#'0%$%X&4*'D%D&%L&6&%0"%9$#&A X&4%/*)#5?&*/&Y*D#&9*'0?4#X&L#
%"4%P(1&4$#)*&0$'"#+0*&$#"&4$%"*)&51$1"*0#X&0#%&+"%&51&"%&V"1%&4#4#&:%(%$*51&III&L1)1"
C%L*(#&$#(*51&U'"*D&4*'D%D&L#51&D?&'1&4$#)%X&L#&D%S1&?/&*/)1'(#&%C$#(*P18#&*/$*<#"*
%4$%'"1&/#&0$'"#+1&H$*&L#(#&$#(*51&?4?Q1(%&51&9*.%&4*'D%&*&V1$<1C?&B%.%D#(?X&L#&4%P(1
L1.%)#"*&4$%"*)&51$1"*0#&?&%9.#'"*D#&F'.%)1('01&/1DJ1F&E 
&q  GX&#&*'"%C&%)%C&L#(#
?/*D#&C#&4#4#&M$C?$&I^&0#%&0$'"#+#&4%L&')%5?&/#+"*"?`)*&0$'"#+*&*D#.*&'?X&4%&')%D
/(#P#5?X&%L&'"$#(1&<$0)1&9*"*&4%"4?(%&*/51L(#P1(*&'#&0$'"#+*D#&/#&!)1"?&\1DJ?

H$19#.%&51X&L#0.1X&L#&'1&4%(%)*&?&;%'(*&?&')%5&'"$#V%"*&0$'"#+0*&4%V%L&(#&R.9*C1(/1&*
H?.?/?X&CL1&'1&(*51&+"1L1.%&(*&'"#$%&(*&D.#L%&*&CL1&51&$?+1(%&*&0.#(%&')1X&L#&'1&L%0#S1&0#0%
51&F9%S5*&C(1)&L*)(%&91'(1%F
H#5&0$'"#+0*&4%V%L&?4%"$19*%&51&0$#J&R(L$*5#X&D#.%&4$1L&')%5?&'D$"X&L#&;%'(?&L1N*(*"*)(%
4%L$1L*&[C#$'0%5&`(&51&*/.%S*%&4#4*&%4#'(%'"&%L&(14%?/L#(*V&L%D#Q*V&9#(%)#&*&4%"$19?X
L#&'1&).#'"&(#L&/1DJ%D&4%"4?(%&4$1L#&D#>#$'0*D&0$#J1)*D#X&0%5*&(1&9*&L%/)%J#)#.*&L#&'1&?
/1DJ*&5#)J#&')1&%(%X&+"%&51&9*)#.%&?&8%5&3#4#&51&4$*D*%&"1&$#/.%C1&*&%L%9$*%&0$#J1)?
%L.?0?X&&#)C?'"#&A2X&0%5%D&51&;%'(#&"%9%S1&4$*4#.#&0$#J1)?&'*(?&B%.%D#(? 
`)%&/(#P*X&L#&T*(%'.#)X&*/&D(%C%&$#/.%C#X&(*51&V"1%&L#&(#'"#)*&$#L&%(#0%&0#0%&'1&%L&81C#
"$#S*.%&*/&Y*D#&*&%L&=#>#$#&`'1"*%&51X&L#&)1$#&4$1"'"#)J#&/#&=#>#$1&'#D%&'$1L'")%&/#
5#P#81&4%.*"*P0%C&?"*<#5#&*&).#'"*X&#&L#&'#D*&)1$'0*&4$1"'"#)(*<*X&4%D#C#P*&=#>#$#X
(1D#5?&L%)%J(%&"#0"#&T#$%L&51&?4%$(%&%L9*5%&L#&4%>1&(%)*D&4?"1D&T*(%'.#)&'1&)$#"*%
')%D&(#$%L? &*X&4%L$S#)#(&%L&81C#X&4$*D*%&51&9%$9?&T#$%L&'1&9*%&(#$%P*"%&%0%D*%&(#
L%D*(*0#(<1X&%L&0%5*V&51&(10%.*0%&'"$#L#.%&*&9*.%&4%9*51(%
!(#C#&=#>#$'01&9*.#&51&?&%)%&L%9#&*D4%/#("(#&[&?'41+(%D&$#"(%D&4%V%L?&4$%"*)
#?'"$*'0%C&)%5)%L1&A2&C%L&=#>#$*&'?&L*C.*&)%5'0?X&0%5#&'1&D%SL#&4$1"1$#(%&<1(*.#&(#
77777&J?L*X&#.*&0%5#&51&9*.#&'*.(#X&#0%&51&*/(%'*.#&*&4%.%)*(?&"%C#&H#&'1&D%Q&%'1"*.#
*&?&;%'(*&T*(%'.#)J1)#&'(#C#&(*51&9*.#&$#)(#&D#>#$'0%5i&%'*D&"%C#X&*/C.1L#&L#&51&?&/1DJ*
9*.%&*&L%'"#&<14#8#&3%&')%5&4$*.*<*&"#L#&'1&!*9*'.#)X&'*(&!"1)#(#&9#(#X&*/L)%5*%
%")%$1(%&%L&%'"#.*V&9%'#('0*V&)1.*0#+#&*&?C$%S1(&"$#S*%&4#4*(?&/#+"*"?&T*'?&(#D
4%/(#"1&4%51L*(%'"*&*/&%)%C&$#"%)#8#X&#.*&51L(%&'1&P*(*&*4#0&'*C?$(%&=#>#$*&(*'?&*D#.*
%L.?P?5?Q*V&4%91L#&*&9%$9#&'1&%"1C.#&L?C%&*&9*.#&L%'"#&(#4%$(#&H10&"%0%D&A@&E#4$*.#&*
L1<1D9$#G&)1'"*&%&?'41V?&4%'"#5?&(1+"%&%L$1>1(*51X&*#0%&*&"#L&'#D%&?&%4+"*D&N$#/#D#&[
4*'D?&4#41&M$C?$#&I^&%L&A&L1<1D9$#&"1&C%L*(1&C%)%$*&'1&*'"%D&%&FL1'(*<*&'")%$*"1J1)%5
0%5#&"$*?DN?51F&T*(%'.#)&'1X&*/C.1L#X&4%).#P*%&?&?(?"$#+8%'"X&?&')%51&"1+0%
L%'"?4#P(1&4.#(*(1X&*&?0.#8#%&'1&%")%$1(*D&'?0%9*D#&H#0%&51&*&?'41%&L#&'1&%L$S*&[&"%D&51
*&L%'"#&)*L#(&L%0#/X&L#&D#>#$'0*&?'41V&(*51&9*%&4%"4?(X&0#%&+"%&?&%'"#.%D&L%(10.1&'.1L*
4%'$1L(%&*&*/&4#4*(*V&4*'#D#&[&4*'D?&)%5)%L*&B%.%D#(?&4#4#&C#&%4%D*81X&/#V)#J?5?Q*&D?
/#&')1&?P*81(%X&L#&*&L#J1&(#'"#)*&"%&L1.%)#81&*&L#&9?L1&(#&%4$1/?i&#&4$14%$?P?5?Q*
(#L9*'0?4?&%'"$%C%('0%D&*&81C%)*D&'?N$#C#(*D#&L#&D#"1$*#.(%&4%D%C(?&'*$%"%C&9%'#('0%C


 

 
9*'0?4#X&(#$%P*"%&(#C.#+#)#X&0#0%&'1&F$?C.%&51$1"*P01&*'0)#$1(%'"*F&%L$S#)#&F')1&L%&%)%C
)$1D1(#F
[&'1)1$(%D&\#V?DJ?&B%.%D#(&51&%')%5*%&%9.#'"&0(1/#&H%J1(#X&0%5?&51&(%)*&9%'#('0*&9*'0?4
L%9*%&?&')%5?&L*51<1/?&-#&*'0%$*'"*&*&"#5&?'41V&M$C?$&I^&4*+1&,&#4$*.#&A@X&4%+"%&51
B%.%D#(&F?(*+"*%F&51$1"*P01&(#4#'"*&*&L%)1%&;%'(?&F(#&')1".%'"&0#"%.*P01&P*'"%Q1F&*
4%+"%&51&"#D%&F(#(%)%&/#'#>1(#&V$*+Q#('0#&)1$#FX&L#&'#L&"$19#&$#/)*5#"*&4$#)%)1$51&4%L
?4$#)%D&)1+"%C&4#'"*$#&B#%&"#0#)&9*&%L$1>1(&L%D*(*0#(#<&3%S#&-#&9*'0?4&L%9*51
'$1L'"#)#&/#&)1$'0*&$#L&4#4#&&L1<1D9$#&*'"1&C%L*(1&4*+1&41P?5'0*D&L%D*(*0#(<*D#X&L#
'#)&(%)#<X&0%5*&51&T*(%'.#)&9*%&$#(*51&(#D1(*%&/#&/*L#81&<$0)1&?&;%'(*X&4$1L#L?&3%S*i
*'"%&51&"#0%&4%$?P1(%&*&)#$#L*('0%D&%4#"?&/#&(10*&(%)#<&9#(#&O?.1X&0#%&*&/#&(%)#<X&0%5*&'1
9*%&'#9$#%&*&0%5*&Q1&'1&5%+&'#9$#"*&/#&0$'"#+1&!#D%D&3%S*&4*'#%&51&L#(&0#'(*51X&L#&D?&L#51
4?(?&).#'"&')%C#&.1C#"#&*&L#&'1&%L&81C#&(#L#&?'41V?&*&4$1D#&%'"#"0?&51$1"*0#&B#"%.*P0#
<$0)#&?&;%'(*&L%9*.#&51&"#0%&A@&C%L&0#$#0"1$&D*'*51&*&L%+.#&51&4%L&(14%'$1L(?
5?$*'L*0<*5?&4#4*(?&B%.%D#(&51X&'#&')%51&'"$#(1X&4%D%C#%&9*'0?4?&%L$1L*)+*&D?
L1'1"*(?&?&['%$*X&!%.*D#&*&-%8*D&B$#5*D#X&#&L#%&D?&51&*&(10#&4%'19(#&).#'"1.*('")#X&#
(#$%P*"%&9%C#"%&c#0%)%&?&!.#)%(*5*X&0%51&51&V)#"#.%&')1&L%&!#)1&3#4#&51&4%")$L*%&"#5
4%0.%(&')%5*D&4*'D%D&%L&6&L1<1D9$#&A &`'*D&"%C#X&"%C&*'"%C&L#(#X&4*'#%&51&*&4$*%$?
L%D*(*0#(#<#&?&=#>#$'0?X&L#&(10%.*0%&)$1L(*V&J?L*&4%+J?&?&;%'(?&0#%&4$%4%)1L(*01

=1>?"*DX&)1%D#&?4#L#&?&%P*X&L#&9%'#('0*&9*'0?4&/#&')%51&'1L*+"1&*&).#'"1.*('")%&L%9*5#
c#0%)%X&P#0&4$10%&!#)1&e"#&"%&/(#P*“&R0%&51&81C%)#&#0<*5#&"$19#&L#&*D#&4?(%C&?'41V#X
9*'0?4?&51&')#0#0%&9*.%&4%"$19(%&L#&S*)*&?&'#D%5&;%'(*&-#)#81D&c#0%)#&?")$>?51&'1X&L#&%(
?&;%'(*&(*51&*D#%&D*$(%C&*&P)$'"%C&?4%$*+"#&*&L#&'?&"%&)*L1.*&*&D1$%L#)(*&0$?C%)*&H%
?51L(%&(#59%J1&0#/?51&*&L#&4%91L#&(#L&T*(%'.#)%D&(*51&9*.#&4%"4?(#
3%S#&51&4%0#/*)#%&"1S8?&L#&%LC%)%$*&(#L#D#&0%51&'?&?&8&4%.#C#(1&:"1%&51&4$1&')1C#&4%L*Q*
(%)?&0#"1L$#.?&!)X&31"$#&?&;$L?X&D%SL#&'&"%C#&+"%&51&'"#$#&9*.*&%9%$1(#X&#&D%SL#&*&/#"%&L#
(%)%D&*&*D4%/#("(*5%D&C$#>1)*(%D&(14%'$1L(*51&L1.?51&R.*&D?&(*51&9*.%&'?>1(%&L#
4%'"*C(1&)1Q1&?'41V1&O1L(%&'&"%C#X&+"%&51&(#*.#/*%&(#&%4%/*<*5?&0%L&T*(%'.#)#&*&9%'#('01
).#'"1.1X&0%5*&(*'?&9*.*&'0$+1(*X&#&4%'.1&*X&'&"%C#&+"%&51&L%D#.%&'(#+.#&[C#$'0?&"1+0#
0#"#'"$%N#&'&"#"#$'0%D&(#51/L%D&e"#&)*+1X&0#0%&Q1D%&9$/%&)*L1"*X&%(&'1&(*51&D%C#%&(*
%L$S#"*&?&;%'(*
T*(%'.#)&'1&?&')*D&"*D&4#4'0*D&*&0$#J1)'0*D&4*'D*D#&4%"4?(%&4$1(19$1C#)#%&=1'"%&81C#
=#>#$*&'?&*'"#0.*&0#&')%C&0#(L*L#"#&81C%)#&$%>#0#&3$*51/L?&3$*51/L#&'1&4%D*81&0#%&9#(
EF &r
& FG&?&51L(%D&#0"?&*/&%0"%9$#& 7&\#&8&51&9*%&51D#<&0(1/&;?01(&$#L*&(10%C
4%'1L#&?&)?0%)'0%&S?4#(*5*X&4#&*V&51&%9%5*<?&%'.%9%L*%&%L&%9#)1/#&0$#J&;1.# &U#0%&'1&?
"10'"?&(1&0#S1&L#&51&3$*51/L#&9%'#('0*&9#(&D*X&*4#0X&D*'.*D%&L#&51&"%&%(&;#(%D&C#&51X&/#
S*)#&T*(%'.#)#&*D1(%)#%&'*C?$(%&D#>#$'0*&0$#J&0#%&)%>?&0#"%.*P01&*&')%51&'"$#(01&/#
)$1D1&%)*V&9%$9*&=1>?"*DX&T*(%'.#)&'1&*4#0&%L$S#%&*&9*%&)$.%&#0"*)#(&K1Q&'&4$%.1Q#
 7&4%5#)*%&'1&?&-?9$%)(*0?&'#&')%5%D&9%J#$'0%D&')*"%D&-#&51&)1$%)#%&?&'191&*&L#&51&*D#%
'")#$(1&D%Q*&)*L*&'1&(#59%J1&4%&"%DX&+"%&51&4$*D#%X&?&'.?P#5?&L#&'1&-?9$%)P#(*&/#$#"1&'#
$#+0*D&0$#J1DX&?&/#+"*"?&*&8*V&*&8*V%)%&L%9$%&EL#&)#'¯&(1&L#D¯&(*&)#+&L%9*"10¯X&4#P1&L#
)*&?V$#(?&'¯&)¯'D¯&)#+*D¯&L%9*"0%D¯G &O%+&5#P#&4%'"#L1&81C%)#&D%Q&D#.%&L%<(*51X&0#L
'1&(#&[C#$'0?&'$?P*&'*.(#&C#"#$'0#&(#)#.#&*&0#L&D#>#$'0#&)%5'0#X&?&0%5%5&4%C*91&*&B%.%D#(X
9*&?&#4$*.?& &'#')*D&4%$#S1(#&H#"#$'0#&9?5*<#&4$14.#)*&<1.?&/1DJ?&*&'#D&0$#J&;1.#
Ia&D%$#L1&91C#"*&P#0&?&-#.D#<*5?X&?&81(1&")$L1&*&/#&91C'")%&D%$1D&4%C%L(1&C$#L%)1&O1L#(
L1%&"1&)#$)#$'01&)%5'01X&0%5#&51&4$%C%(*.#&0$#J#X&/#V)#"*%&51&(#&4%)$#"0?&*/&-#.D#<*51&(#
-?(#)&*&;%'(?X&#.*X&0#0%&'1&P*(*X&91/&*0#0)*V&"1S*V&4%'.1L*<#
B%.*0%&51&/#&"%&)$1D1&4%$#'"#%&/#D#V&T*(%'.#)J1)&*&81C%)#&'#D%')1'"&')1L%P*&5#'(%&%)#5
'.?P#5&U/D1>?&!4.*"#&*&H$%C*$#&L%+.%&51&9*.%&L%&$#"#&$#L*&(10*V&/1DJ*+"#X&0%5#&'?
!4.*Q#(*&'D#"$#.*&0#%&')%5#X&#&0%5#&51&0$#J&;1.#X&(#&91C?X&9*%&4%0.%(*%&H$%C*$?&51$&C#&51
4$*D*%&?'$L(*51&%L&!4.*"#&;%$9#&51&9*.#&?/1.#&)1.*0#&D#V#&*&L%9*)#.#&')1&)*+1&0#$#0"1$


 

 
$#"%)#8#&/#&0$#J#&*.*&4$%"*)&81C#&!4.*Q#(*&9*+1&4%"?P1(*&?&51L(%5&J?"%5&4%D%$'0%5&9*<*
*&?&'"$#V?&%L&%')1"1&4%P1+1&"$#S*"*&'#)1/(*01&H%D#X&#$V*>#0%(&'4.*"'0*X&*/$*P(%&(#)%L*X
L#&'?&'1&(#5)*+1&4%?/L#.*&?&T*(%'.#)J1)?&D%QX&4#&'?&D?&'&"%C#&4%(?L*.*&'#)1/&*&*/#9$#.*&C#
/#&C$#L'0%C&0(1/#&`(X&L%*'"#X&*&'"*S1&?&4%D%Q&'#&)1.*0%D&*&5#0%D&)%5'0%D&*&4%>1&4?"
H$%C*$#&T#4#L#%&C#&51&L)1&(1L1J1X&#.*&(*51&D%C#%&L#&C#&?/D1X&(1C%&4%0$P*&)*(%C$#L1X
%4?'"%+*&8*)1&*&'#'1P1&L$)1Q1&?&%0%.*<*&K$#"*&'1&4%'.1&"%C#&0?Q*X&#&?&!4.*"?&%'"#)*&')%C
$%>#0#&Y*0#$L#&0#%&/#4%)1L(*0#X&#&/#&')#0?&'*C?$(%'"&*&51L(%C&'*(#&'#&P1"%D&0%8#(*0#
Y#SJ?Q1(*&0$#J&4%'.#&%LD#V&V$)#"'0%L#.D#"*('0%C&9#(#&-*%(*/*5#&'#&D(%C*D&D#>#$'0*D
)*"1/%)*D#X&L#&'1&%')1"*&!4.*"?X&#&L$?C?&)%5'0?&0$1(?&(#&9%'#('0%C&9#(#&`(&'1&'#D&(#.#/*%
(#&4%L$?P5?&['%$1&'$1L*(%D&5?(#& &[&C$#L?&M.#S?X&(#&C$#(*<*['%$1X&*/L#%&51&51L(?
4%)1J?&(#&L#(&2&5?(#
;#(&-*%(*/*51&/#"$#S*&%L&!4.*Q#(#&"#%<1&*&)1.*0?&(%)P#(?&%+"1"?&B#L&"%&%(*&%L9*+1
(#)#.*+1&=#>#$*X&'#&(10%.*0%&V$)#"'0*V&0(1/%)#X&(#&!4.*"&*&4%'.1&9%$91X&0%5#&'1&)%L*.#
%+"$%X&/#?/1+1&C#&&5?.#& &[&"%5&9%$9*&!4.*"&51&*D#%&0#%&'#)1/(*01&?/&T*(%'.#)#&5%+&*
R(L$*5?&0(1/#&V?D'0%C&*&B#P*Q1X&#&?/&H$%C*$&91+1&0$#J&*&V$)#"'0*&0(1/%)*&e?9*Q*X
T1.*4*Q*&*&L$&[&9%$9#D#&0%51&51&)%L*%&?&/#51L(*<*&'#&!4.*Q#(*D#&9#(&T*(%'.#)X&C.#)(*
D?&51&%"4%$&L#)#%&0(1/&;?"0%&O?.*5#(%)X&(#$%P*"%&L%0&51&9$#(*%&C$#L%)1&B.*'&*&H$%C*$&Y#L*
"%C#&D?&51&0$#J&;1.#&*/L#%&4%'19(?&/#V)#.(*<?&*&4%0.%(*%&D(%C#&L%9$#&[&D*$?X&0%5*&51
'0.%4J1(&&5?.#X&!4.*"&'1&D%$#%&%9#)1/#"*&(#&)1$(%'"&0$#J?&?&')#0%D&#0"?&H%D&4%C%L9%D
(*'?&9*.*&%9?V)#Q1(*&*&'#)1/(*<*&!4.*"#X&F0%5*&'?&(1)1$(*&0$#J?F&`(#&L$?C#&)%5'0#X&'
0%5%D&51&*+#%&'#D&0$#J&;1.#X&L%>1&'?9.*/?&?&*'"%&)$1D1&L%&'4%$#/?D#&'&;%'#(<*D#&[
4%)1J*&%L&7&5?.#X&0%5%D&;1.#&4%")$>?51&4%'1L1&9%'#('01&9*'0?4*51X&(#)%L*&'1&5#'(%X&0#0%
9#(&T*(%'.#)&'#&')%5%D&9$#Q%D&*&9%J#$*D#&4$*'"#5?&(#&"%&L#)#81
R.*&"#5&'4%$#/?D&(*51&9*%&L?C#&)10#&_*D&'1&;1.#&*/#&"%C#&?4.1%&?&$#"&'#&#?'"$*'0*D
)%5)%L%D&o$*L$*V%D&II&T*(%'.#)&51&%LD#V&4%'"#%&#C$1'*)(*5*&*&'D#"$#%&'1&$1+1(*D&%9#)1/#
3$%"*)&81C#&'1&'&"%C#&4%(%)%&4%P1&'4$1D#"*&0$'"#+0*&$#"&K1Q&?&D#.%P#'&(#)1L1(%5&4%)1J*
0$#J&4$*/(#51X&L#&51&?&;%'(*&FD#.%&4%+"%)#.#<#&4$#)1&)1$1F&;*'0?4&3%S#&4%"?S*%&'1&4#4*
(#&(1#0"*)(%'"&L?9$%)#P0%C&(#L9*'0?4#X&0%5*&51&5%+&?)10&*D#%&(%D*(1.(%&D*"$%4%.*"'0%
4$#)%&(#L&;%'(%D&*&"$#S*%&51X&L#&'1&9%'#('0#&9*'0?4*5#&L1N*(*"*)(%&4$*4%5*&0#.%P0%5&H%&51
)1QX&(#&')%5?&$?0?X&?P*(*%&$#(*51&.1C#"&O#0%)&3$1(1'"*('0*X&)*L1)+*&*.*&(1D#$&-?9$%)P#(#
*.*&V%"*D*P(%&"%.1$*$#81&'"#8#&?&;%'(*&B#.%P0*&51&(#L9*'0?4X&$1N1$*+1&'1&?&Y*DX&L#%
L%'"#&L%0#/#&%&')%5%5&$1)(%'"*&`(&51&P#0X&F/#&%L9$#(?&9%'#('01&<$0)1F&C$#L*%&4%&/1DJ*
")$>#)1&F(#&/C%L(*D&D1'"*D#F&T#5/#LX&*&'#D&0$#J&;1.#&S1.*X&L#&4#4#&*/)$+*&0%(#P(%
4$*'#51L*8181&9%'#('01&<$0)1&?C#$'0%5X&%L(%'(%&0#.%P0%5&3#4#&U(%Q1("*51&Ia&%9$#"*&'1
$#L*&"%C#&7&5?.#& ,&4#(%('0%D&%4#"?&=#$"*(?&*&L$?C%)*D#&D?&*/&>?$'01&*&)1'4$1D'01
L*51<1/1X&L#&*'4*"#5?&%L(%+#51X&4#&L#&%(L#&4$1D#&"%D&L%(1'1&%(&')%5?&%L.?0?&R.*&)1Q&A
#)C?'"#&?4?Q?51&(#L9*'0?4?&0#.%P0%D&/(#0&9%5(%C&0$'"#X&L#&*'"?4*&4$%"*)&51$1"*0#&?&;%'(*X
0#0%&51&"%&%)#5&*&"$#S*%&3%'19(*D&4*'D%D&"%C&L#(#&L%/)%.*%&D?&51X&L#&4%'1L1&51$1"*0#&D%S1
L1.*"*&)1$(*D#&*&8*V%)*D&(#'.1L(*<*D#&-#&4%"#0(1&0$#J#&;1.?&(#&#0<*5?&4#4#&D?&51
A7&5#(?#$#& 6&%91Q#)#%&F4%L&'*C?$(%F&FÈ&
 &‚& l


& & 


&
&&&
&&


F &`(&51&%P1)*L(%&'#C.1L#%X&+"%X&?&%'"#.%DX&(*51
9*.%&(*D#.%&"1+0%X&4$#)1&(#D1$1&D#>#$'01&4%.*"*01&*&%)*D&51&%91Q#81D&*&4$*/(#81D
D*'.*%&*D#"*&4%"4?(&*&/#L%)%J#)#5?Q*&?"*'#0&Y*D'0#&0?$*5#&'D#"$#.#&51&%L&$#(*51&;%'(?
0#%&4$#)?&L%D1(?&D#>#$'01&0$?(1&B#%&51L#(&(%)&L%0#/&"%C#&9*.%&51&*&L1N*(*"*)(%&4$*4#5#81
9%'#('01&9*'0?4*51&0#.%P0%5&(#L9*'0?4*5*&,&#)C?'"#& 6&[&4#4*('0%D&4*'D?&"%&'1
%9$#/.#S1&%)#0%&F3%+"%&(1D#&(*0#0)1&(#L1X&L#&Q1&'1&"#&/1DJ#&%L&')%51&)%J1&%9$#"*"*&)1$*X
#&0#.%P0#&<$0)#X&P*5*&0$'"#+*&*&L$?C*V&?.*)#5?&(#L1&L#&'1&4%D%C(1&L%)1'"*&51&L%&<$0)1(%C
51L*('")#FX&"%&51&%(&*&L%(1%&%)#0)?&%L.?0?&UD#&'1X&L#0.1X&?4%"$19*"*&'$1L'")%&(#'*J#X
F%C8#&*&D#P#F
&H#0%&51&*&9*.%&B#.%P0*&(#L9*'0?4&51X&4%")$>?51&'1&?&51L(%5&4#4'0%5&4%)1J*
*/&, &C%LX&4%L*/#%&?&;%'(*&?")$>18#&E'#
 G&/#&/#+"*"?&)1$1&*&*'0%$18*)#81&51$1"*0# 
)1$?5?Q*&')#0#0%&)*+1&?&L1.%)#81&"*V&'$1L'"#)#&(1C%&?&4$%4%)1L*&')%5*V&%$C#(#


 

 A
T*(%'.#)&'1&"$C#%&?&4%'.1L8*&P#'&\9%C&%4#'(%'"*X&')#0#0%&)1.*01X&(*51&'D1%&?Q*&4%(%)%&?
%")%$1(?&9%$9?&K*L1Q*&+"#&D?&'1&'4$1D*.%X&#&(1&V%"1Q*&4%(#)J#"*&/.#&4$%+.1&0$'"#+01
)%5(1X&%(&4%0?+#&L#&%)?&#0<*5?&'4$1P*&4%4?+"#81D&*&L*4.%D#<*5%D&U/)1'"*&4#4?X&L#
(*0#0%&(*51&(#4?+"#%&)1$1X&(1C%&L#&S*)*&0#%&4$#)*&0#"%.*0&3$*D#%&51X&*'"*(#X&?&9%$9*
4$%"*)&(14$*5#"1J#&51$1"*P0?&4%D%QX&#.*&'#D&*D#&L%0#/#&%&P*'"%Q*&')%51&)1$1&U(%Q1("*51
Ia&51&(#$1L*%&4%)%L%D&"%C#&0#.%P0%D&(#L9*'0?4?&L#&(1&4$1L?/*D#&(*+"#&4$%"*)&T*(%'.#)#X
L%0&'1&81C%)*&J?L*&*'"$#C%D&(1&?)1$1&%&"#P(%'"*&(#)%L#&U'"%C&L#(#X&6&D#$"#& @X&%(&51
%L$1L*%&14*'0%4#&'18'0%C&*&4$*%$#&'4.*"'0%CX&L#&D?&5#)1&')1&+"%&D%C(?&L%/(#"*&F%&S*)%"?X
C.#'?&*&$#/C%)%$?F&T*(%'.#)J1)? &K$.%&51&)#S(%&?&"%5&'")#$*X&L#&4#4#&4%)1$#)#&*'"$#C?
(1&0#.%P0%D&(#L9*'0?4?X&(1C%&51L(%D&'?'1L(%D&'.%)1('0%D&9*'0?4?X&0%5*&(*51&*D#%
(*0#0)*V&0#(%('0*V&4$#)#&?&9%'#('0%5&%9.#'"*&\(#%&51&'*C?$(%&)$.%&L%9$%X&L#&9*&*/)1+"#5
D#>#$'0*&*D#%&*&4%.*"*P0*V&"1(L1(<*5#&*&L#&(1&9*&9*%&'#'"#)J#(&91/&4%'19(*V&%9/*$#&(#
?S1&*("1$1'1&"#D%+8*V&0$?C%)#&3%)1$#)#81&*'"$#C1&9*'0?4?&'18'0%D&)#S(%&51&4%'19(%
(#$%P*"%&'&"%C#X&+"%X&L)#&L#(#&4%'.1&%)%C&4*'D#X&4#4#&81D?&L%/)%J#)#&?4%"$19?&C.#C%.*<1&*
'.%)1('01&'.?S91&'D#"$#5?Q*&"%&%4$#)L#(%&(?S(*D&?'"?40%D&?&*("1$1'?&<$0)1&!&"%C#&51&%)#
D*'*5#&'18'0%C&9*'0?4#&*D#.#&/#&;%'(?&D%SL#&/(#P#5&(%)1&%$*51("#<*51&*X&4%&')%5&4$*.*<*X
%(#&51&L%+.#&0#%&(10*&*/$#/&$1#0<*51&L%"#L#+8%5&<$0)1(%5&4%.*"*<*&-#&4%"0$14*&')%51
$#/.%C1&%&4%"$19*&(#$%L(%C&51/*0#&?&<$0)*&'18'0*&51&9*'0?4X&C%"%)%&'*C?$(%X&?0#/*)#%&(#
%P#5(1&)1$'01&4$*.*01&?&;%'(*X&CL1&'1&)%L*.%&D#.%&%9/*$#&%&"$#L*<*5*&*&%'1"J*)%'"*&*
?0#/*)#%&(#&$>#)&(#P*(X&0%5*D&'1&L%"#L&4%'"?4#.%&?&)1$'0%5&#0"*)(%'"*&?&"%5&%9.#'"*&`"?L
%(L#&4#4*(&4%0?+#5X&L#&4$10%&81C#&(%)*D&4?"1D&4%P(1&4$%4%)1L(*P0*&$#L&*&L#&?4%"$19*&*
L$?C#&'$1L'")#&4%$1L&0$)#)*V&D#>#$'0*V&0$'"#+0*V&4%V%L#&-%9$%&51&4$*D1Q1(%X&L#&$*D'0#
<$0)#&(*51&"#0%&4%'"?4*.#&'#L&4$)*&4?"&K1Q& ,&C%L&L%/)%.*%&51&4#4#&U(%Q1("*51
C#.*P0%D&0(1/?&-#(*.?X&L#&?&')%5%5&/1DJ*&%L$S#)#&'.%)1('0%&9%C%'.?S181&4%&*'"%P(%D
%9$1L? 
U#0%&(*&%)#&#0<*5#&(*51&*D#.#&"$#5(#&?'41V#&%(#&51&9#$&/#&(10%&)$1D1&/#?'"#)*.#&)1$'01&9%$91
?&;%'(*&*&%D%C?Q*.#&0$#"#0&41$*%L&D*$(*51C&$#/)*5#8#&T*(%'.#)&(#$%P*"%&4%.#S1&(#&)1/1
'#&-?9$%)(*0%D&-?9$%)#P0*&#$V*14*'0%4*&9*.*&'?&)$.%&L1.*0#"(*&?&?(?"$#+8*D&*
)1$'0*D&4*"#8*D#&;%'(1&*&'&8*V%)1&'"$#(1X&0%.*0%&'1&L%'#L&/(#X&(*0#L&(*51&L%+.#&?&Y*D&(*
51L(#&L%'"#)#&4$%"*)&51$1"*0# &H%&51&9*.%X&4%&')%5&4$*.*<*X&?&)1/*&'&%4+"%D&4%.*"*0%D
C$#L#&4$1D#&'?'1L(%5&9#(%)*(*&T#'"#)J#5?Q*&B?.*(%)?&"$#L*<*5?&T*(%'.#)&51&?&(10%.*0%
D#V%)#&4%(#)J#%&')%51&4%).#'"*<1&L#)#(1&"$C%)<*D#&Y14?9.*01&*&?L1+#)#%&4#$(*P0%
'?L'")%&?&'.?P#5?&(1'4%$#/?D#&\#&)$1D1&0$'"#+0%C&$#"#X&A6&C%LX&/#9$#(*.%&'1
L?9$%)#P0*D&"$C%)<*D#&L#&*L?&?&;%'(?X&L%0&'1&%"?L&(1&)$#"1&8*V%)*&4%'.#(*<*X&0%5*&'?
*D#.*&L#&*/)*L1&4$*.*01X&L#&(#>?&$#/.%C#&(1$#'4%.%S18?&4$%"*)&-?9$%)P#(#&*&L#&?&%(*D
4%D1"1(*D&%L(%+#5*D#&'")%$1&(101&%L.?01&?&4%C.1L?&?'.%)#&/#&"$C%)*(? &_*D&51&$#"
4$1'"#%X&&D#$"#& 7&T*(%'.#)&?&-?9$%)(*0?&L#51&4%)1J?&F0¯&'"#$*D¯&D*&4$*#"1.%D¯FX
0%5*D#&51&.*P(%&L%+#%&'&)1.*0%D&')*"%D&9%J#$#X&*&0?(1&*D&'1&?&8%5&(#&)1P(*&D*$&*&J?9#)&*
L#51&*D&*'"%L%9(%&4%).#'"*<1&/#&'.%9%L(?&"$C%)*(?&91/&L1'1"*(1&*&L$?C*V&L#S9*(#X&P#0&FL#
D%*&0¯D1"*&*&D%*&.ÛL*1&*&D%*&).#L#.¯<*&L#&)*&.Û91&*&L#&)*&V$#(1&¨L¯&/.#&'¯&4$#)%)¯
)1$%D¯F&[&*'"%&)$1D1&-?9$%)P#(*&'0.#4#5?&'&8*D&*&'#)1/&?&'.?P#5?&1)1("?#.(%C&(#4#L#5#
$#+0%C&0$#J#&(#&8*VX&0%5*&'?&D*'.*.*&L#&D%C?&%P10*)#"*&$#L*&/#%+"$1(%'"*&%L(%+#5#&5%+
%L&)$1D1(#&0#L&'?&?&')%5&C$#L&4$*D*.*&*/91C.%C&0$#J#&Y#L%'.#)#&*&4%5#P#(*V&(#$%P*"%
9%$9%D&/#&4$1).#'"&*/D1>?&9#$'01&*&L?9$%)#P01&(#L9*'0?4*51&B#0%&51&%)#5&'4%$&/#&4$1).#'"
9*%&L%'"#&%+"#$&*&L%<(*51X&(#$%P*"%&%L&C%L& 6X&0#L&51&4#4#&9#$'0?&(#L9*'0?4*5?&4%L)$C#%
L?9$%)#P0%5X&4%'"#%&5%+&J?Q*X&(*51&P?L%X&+"%&'1&%)#&"#P0#&%&'#)1/?&4$%"*)&Y#+01&4%(%)*.#&*
?&?C%)%$?&%L& &C%L*(1X&0%5*&51X&?&C.#)(%DX&*&4%&%'"#.%D&'#L$S#5?&%9(#)J#81&?C%)%$#&*/
 7&C%L*(1 

;%'#('0#&L$S#)#&/#&T*(%'.#)J1)#&)$1D1(#X&4$1D#&51L(%5&4%)1J*&*/& &C%LX&%9?V)#"#.#&51
(#&5?C?&S?4?&T1$1")?X&(#&/#4#L?&5%5&51&4$*4#L#.%&.*)#8'0%&4%L$?P51X&(#&'1)1$%/#4#L?&51
4$10%&!0%4J#&*&b#+)1&C$#(*<#&*+.#&?&/1(*P0%&4%J1X&#&(#&*'"%0?&51&L%4*$#.#&L%


 

 
['"*4$#P1 &T*51&'*C?$(%&L#&51&T*(%'.#)&'"#.(%&L$S#%&!%.*&*&['%$?X&*#0%&51&?&3%'#)*(*X
%0%&=%L$*P1X&*D#%&4%$%L*P(*V&*D#8#&*&*#0%&51&?&%9.#'"*&!%.*&*&['%$1&*/)1'(#&*D#8#
?'"?4*%&9%'#('0%5&9*'0?4*5*&F/9%C&$#/(*V&(14$#)L*&*&+"1"#F&-#&*V&51&51L(%&)$1D1&4%'1L%)#%
"%&51&'0%$%&'*C?$(%X&#.*&*V&51X&0#%&(#5.#0+1&4$*'"?4#P(1&/#&=#>#$1X&')#0#0%&9*%&*/C?9*%&?
9%$9*&'&8*D#&T*51&*'"%&"#0%&'*C?$(%X&L#&.*&'?&-%8*&B$#5*X&0%5*&'1&?&"%5&4%)1J*&/%)?
D#>#$'0*&Ä ‚ X&4$*/(#)#.*&T*(%'.#)J1)?&)$V%)(?&).#'"X&*.*&51&"?&9*%&C%'4%L#$&81C%)
$%>#0&3$*51/L#X&0%5*&51&L$S#%&'&=#>#$*D#&=*'.*D&4%&"%DX&+"%&0$#J&;1.#&%L$1>?51X&L#&'1
L1'1"*(1&/#&9%'#('0%C&9*'0?4#&0?41&?&!%.*X&['%$*&*&?&-%8*D&B$#5*D#&F &  
 
 && FX&L#&"1&%9.#'"*&?&.1"%& &C%L&(*'?&4$*4#L#.1&9%'#('0%5X&%L(%'(%
T*(%'.#)J1)%5&L$S#)*
[&4%C.1L?&(#$%L(%'"*&T*(%'.#)J1)*V&4%L#(*0#&?&;%'(*&81C%)1&4%)1J1X&*/L#(1
-?9$%)P#(*D#X&(1&%'"#)J#5?&(*0#0)1&'?D81&`(1&5#'(%&0#S?&L#&'?&"*&4%L#(*<*&!$9*
3%)1J1&4$1L)*>#5?X&L#&'1X&?&(#'"#.*D&'4%$%)*D#&*/D1>?&-?9$%)P#(#&*&!$9#&*/&;%'(1X&'?L*&?
-?9$%)(*0?&F#0%&)$?1&!$¯9.*(¯&K.#V#FX&#&L#&'1&'4%$&)%L*&4$1L&9#(%D&F#0%&)$?1&K.#V¯
!$¯9.*(#F &H*&'1&'"#)%)*&?&81C%)*D&4%)1J#D#&4%(#)J#5?&"$*&4?"#&/#&(10*V&%'#D(#1'"
C%L*(#&`(*&4%")$>?5?&R5(V#$L%)?&)1'"X&L#&!$9*&(#'1J#)#5?&)1.*0*&L1%&'"#$1&%9.#'"*
-#.D#<*51X&*'"%&0#%&*&(#)%L1&3%$N*$%C1(*"#&*&-?0J#(*(#&%&/#51L(*<*&;%'(1&*&Y#+01&4%L
4%5D%D&!$9*51&H#&51&/#51L(*<#&9*.#&(1&'#D%&C1%C$#N'0#X&(1C%&*&1"(*P0#
!&L1.*D*P(%D&4$%D1(%D&4#4'01&4%.*"*01&4%'"#%&51&/(#"(%&%"1S#(&4%.%S#5&9*'0?4#&3%S1
['"?4#81&9%'#('01&9*'0?4*51&0#.%P0%5&(#L9*'0?4*5*&9*.#&51X&*'"*(#X&0$?4(#&0%(<1'*5#
=#>#$*D#X&#.*&51&*&L%/)%.#&'.%)1('01&'.?S91&*/&Y*D#X&D#&*&(1&9*.#&?4?Q1(#&(14%'$1L(%
;%'(*X&51L#(&#0"&%L&)1.*0#&/(#P#5#&/#&'.%)1('0*&1.1D1(#"&`(&%P1)*L(%&(*51&9*%&?&4?(%5
'#C.#'(%'"*&'#&4%.*"*0%D&0%5#&'1&L%".1&)%L*.#&*/&Y*D#&*&;?L*D#&T1'?D8*)%&51X&L#&'?
(#$%L(*&J?L*&9*.*&L*C.*&C.#)?&T1'*C?$(%'"&9*'0?4%)?X&*&P#0&81C%)?&%(1D%Q1(%'"X
0#$#0"1$*+1&(#59%J1&"%X&+"%&51&(#4?'"*%&;%'(?&*&4$1+#%&?&c#0%)%&K1Q&2&C%L&'4%D*81
'1&?&c#0%)?&0?Q#&F &È& &

&l


F&F;%'#('0*&*.*&>#0%)#P0*&9*'0?4*
4%'"#.*&'?&?C#$'0*&)1.*0#+*X&#&*D#.*&'?&'&)$1D1(%D&4%L&')%5%D&L*$10"(%D&5?$*'L*0<*5%D
'#D%&D#.?&P1'"&/1DJ1&?&)?0%)'0%5&S?4#(*5*&\#"%&(#D&'1&&9#$&L%'#L#&&(*CL1&*&(*0#L&?
9%'#('0*D&*'4$#)#D#&^IIIX&^Ia&*&^a&'"&(1&4%D*81&9*'0?4&4$*&?$1>*)#8?&<$0)1(*V
4%'#.#F &T#/*)&9%'#('0%C&9*'0?4#&/(#P*%&51&%L&)C&)$1D1(#&4$%'"?&"*"?.?i&(*51L#(&'1
)*+1&(*51&)$#Q#%&?&;%'(?X&L#&?&8%5&"$#5(%&'"#(?51&*&"?&L1.?51&?&4%)1$1(%5&D?&(14%'$1L(%5
)1$'0%5&D*'*5*&[&%'"#.%DX&"1+0%&51&*&9*.%&L#&'1&"*&0#"%.*P0*&14*'0%4*X&4%"4?(*&"?>*(<*X
D#&0#0%&*(#P1&'4%'%9(*&J?L*X&'(#>?&?&"%5&P?L(%5&'$1L*(*&*&L%9*5?&81(%&4%)1$181
B#9*(1"'0*D&%L$1L9#D#&"?&'1&(*51&L#.%&4%'"*Q*&(*+"#&[&/1DJ*&0%5#&)$*&%(*&'?&V"1.*X&4%
"#.*5#('0%D&*.*&(1D#P0%D&*.*&D#>#$'0%D&4$*D1$?X&L#&?9*$#5?&<$0)1(1&L1'1"*(1&*&'")#$#5?
0#4"%.X&0%5*&9*&4$%'"%&FL*$*C%)#%F&<$0)%D&U&(*51&P?L%&+"%&'?&"*D&*&'#$#L8%D&'#&=#>#$*D#
%L9*.*&)1.*0&9$%5&J?L*&%L&'191X&*&"%&(1&'#D%&4$%"*)(*0#&(1C%&*&'#D*V&0#"%.*0#
!$1L*(%D&^III&)10#X&%0%&27&C%LX&C?9*&'1&')#0*&L#J*&"$#C&9#(?&T*(%'.#)?&T1&/(#&'1&L#&.*
51&?D$%&4$*$%L(%D&'D$Q?&*.*&51&4%C*(?%&*.*&9*%&'D181(&-#&51&"*V&C%L*(#&9*.%&?&;%'(*
(%)*V&9%$9*&/(#&'1&'*C?$(%&B$#J&;1.#&5#)J#%&51&4#4*&&(%)1D9$#&2A&0#0%&*D#&D?01&'
51$1"*<*D#&;?C#$'01&*&;%'(1&F4$%"*)&0%5*V&'1&?4$#)&'#L&9%$*D%&'&(#+%D&)%5'0%DF

T*(%'.#)J1)&$%>#0X&)1Q&4%D*8#(*&3$*51/L#&%L)%5*%&'1&'*C?$(%&*&%)%C&4?"#&%L&81C#&*&*+#%
51&'&=#>#$*D#&;.*S*&$#/.%/*&"%5&4%<14#(%'"*&(*'?&4%/(#"*&\(#D%&'#D%X&L#&51&0$#J&;1.#&/#
)1$(?&'.?S9?&4%")$L*%&A7&D#$"#&22&3$*51/L*&(%)#P0?&S?4?&?/&-$#)? &H*D&L#$*)#81D
%(&51&L#%&(%)%D&9%'#('0%D&9#(?&0#$#0"1$&D#>#$'0%C&D#C(#"#X&#&*&)1/#%&C#&51&"1+81&/#&'191&*
[C#$'0?
U/&%)1&9%$91&;%'(#&51&*/*+.#&%'.#9J1(#&]1(%&4%L$?P51&4%L1J1(%&51&?&)*+1&9#(#"#X&?4$#)%
$#/9*51(%&51&?&$#(*51&D#.1&*&/#&%"4%$&'.#9*51&51L*(*<1&!%.*&*&['%$#&%L1J1(1&'?&%L&;%'(1&*
0$#J&;1.#&*V&51&L#%&')%D&/1"?X&$?'0%D&*/91C.*<*&Y%'"*'.#)?&=*V#*.%)*Q?X&'*(?
P1$(*C%)'0%C&0(1/#&*&(%D*(#.(%D&)%5)%L*&M#.*<*51X&0%5*&51&$#(*51&9*%&L%9*%X&/#&0$#"0%


 

 2
)$1D1X&9#(#"&!.#)%(*51&[/&!%.*&*&['%$?&4$*L%L#"#&51&Y%'"*'.#)?&*&=#P)#X&0%5#&51
%9?V)#"#.#&L%(10.1&C$#(*<1&'"#$%C&!$1D#&M$#L&!)&-*D*"$*5#X&"5&=*"$%)*<#X&$#P?(#"&51
"#L#&*/$*P(%&?&=#P)?&[&.*P(%D&*("1$1'?X&L#&'4#'#)#&')%5?&0Q1$X&?L#"?&/#&9?C#$'0%C&<#$#
=*V#*.#X&#&*&L#&$#L*&?&*("1$1'?&[C#$'01X&Y%'"*'.#)&'1&26&C%L&?D1+#%&?&9?C#$'0*
C$#>#('0*&$#"&*&4$%C.#'*%&'191&<#$1D&_1"*$*&C%L*(1&L%<(*51&4%'"#%&51&"#'"&P1+0%C&0$#J#
3+1D*'.#&`"%0#$#&II&[D$%&51&0$#51D&4$%.1Q#&, &C%L&]1C%)1&/1DJ1X&91/&;?C#$'01X
(#'.1L*.#&51&81C%)#&?L%)*<#&R(#X&F

&s  X&&l
&&&„y& F

3$)%9*"(?&?S?&;%'(?&L%9*%&51&3$*51/L#X&0%C#&0$#J&(#/*)#&F‚ 
&
 F&*&0%5*&51&%L#)(%
(#4?'"*%X&#0%&(1&*&*/L#%&T*(%'.#)#&[/&"?&;%'(?&9*.*&'?&4$*L$?S1(*&*&-%8*&B$#5*X&CL1&51
3$*51/L#&C%'4%L#$*%&*&$#(*51&B%"$%D#(*Q#&L*(#'"*5#&'D#"$#&3$*51/L?&0#%&')%C
$%L%(#P1.(*0#X&*#0%&51&4%/(#"%&L#&51&9*%&$%>#0&T*(%'.#)J1)&*&4$1D#&"%D1&P.#(&L*(#'"*51
0%5#&51&)1Q&).#L#.#&K1$%)#"(%&51&"%&4$*/(#)#81&L%+.%&%"?LX&+"%&%L&3$*51/L1&).#L#&;%'(%D
(14$10*(?"&(*/&81C%)*V&(14%'$1L(*V&(#'.1L(*0#&;#(&*&0$#J&H)$"0%X&(#5/(#P#5(*5*&P.#(&%)1
0?Q1X&(#/*)#&3$*51/L?&P#0&F)1.*0*DF

;#(&3$*51/L#&51&9*%&*&%'"#%&)1$#(&)#/#.&D#>#$'0*&B#L&'?&,7&C%L&=#>#$*&$#"%)#.*&'#
P1+0%D&0$#J1D&`"%0#$%D&II&?&8*V%)%5&)%5'<*&(#.#/*.*&'?&'1&*&%L$1L*&9%'#('0%C&9#(#
3%D1(#&%&81D?&(1D#&*(#P1&D(%C%
&M%L&@&'4%D*81&'1&?&L?9$%)#P0*D&08*C#D#X&L#&51
51L(%C&')%C&$%9#&4%0.%(*%&;1(1L*0"?&M?(L?.*Q?X&'&0%5*D&51&')#0#0%&%L$S#)#%&(101&)1/1

!#&')%5#&"$*&'*(#&!"14#(%DX&3$*51/L%D&*&K?0%DX&*&4%&4$*'"#(0?&')%5*V&)1.*0#+#X&4%0.%(*%
51&@6&C%L&S?4?&\1D?(*0&?&-%8*D&B$#5*D#&')%D&/1"?X&4$)1(<?&9#(#&!"14#(#&K%L*P0%C
UD#&D*+J181X&L#&51&"#&S?4#&9*.#&4%$%L*P(%&L%9$%&81C%)1&0?Q1&*&L#&51&'&"%C#&D*'.*%&L#&C#
*D#&4$#)#&4%0.#8#"*
&3$)1(#<&'*(&3$*51/L*(X&!"14#(X&?/1%&51&?&51'1(&@ &/#&S1(?
O1.*'#)1"?X&0Q1$&'$4'0%C&0$#J#&-$#C?"*(#X&4%+"%&51&%)#5X&0#%&/1"&4%&'1'"$*&D#>#$'0%C&0$#J#
b#L*'.#)#X&L%+#%&"1&C%L*(1&/#&C%'4%L#$#&!$1D#X&!%.*&*&['%$1&`)*D&)1/#D#&%5#P#(&51&?C.1L
3$*51/L*(1&4%$%L*<1&*&?P)$+Q1(#&5%5&51&).#'"&?&;%'(*
R.*&51L(%&?4#L#&?&%P*&[&51L(%D&4*'D?&4#41&T*0%.1&Ia&%L&A&5?.#&7X&0%5*D&4$14%$?P?51
')%C&.1C#"#&4#S8*&')*V&)1.*0#+#&D#>#$'0%C&0$#J#X&4#&D1>?&8*D#&*&F 
&
&q
&l
& 
&l
FX&(1D#&(*0#0)1&$#/.*01&(*&?&P*(?X&(*&?&P#'"*X&4%&0%5%5&9*&9#(%)*&;%'(1
9*.*&(1+"%&)*+1&%L&%'"#.*V&4%0$#5*('0*V&)#/#.#X&%L&e?9*Q#X&K%L*P#(#X&;#9%(*Q#&*
L$?C*V
&\(#P*X&L#0.1X&L#&51&?'41V&;1.1&Ia&9*%&)$.%&)1.*0&*&L#&51&%'"#)*%&'*.(#&"$#C#&O1$X
(*&3$*51/L#X&(*&81C%)*&'*(%)*X&(#&(#'"#)J#5?&)*+1&$#(*5*V&"$#L*<*5#&9%'#('01&4%.*"*01i
%(*&(1&?4%"$19J#)#5?&(*51L(?&(14$*.*0?&D#>#$'0%C&L)%$#X&L#&%'.#91&')%51&)1/1&4$1D#
<1("$#.(%5&).#L*&*&L#&4%0?+#5?&4%.*"*0?&'.%9%L(1&$?01&=#>#$'0#&L$S#)#&"%C#&)$1D1(#
4$1S*)J#.#&51&0$*/1&0#%&D#.%&0#L#&4$1&"%C#&*&*/)1'(*&)1.*0#+*&?&8%5X&0#%&M*'*(C*X&(#
4$*D1$X&P*(*.*&'?&4$%'"%&+"#&'?&V"1.*&_?L(%)#"%&51X&%(L#X&L#&41$*N1$*'01&%9.#'"*X&0#%
;%'(#X&(*'?&4%0?+#)#.1&(*+"#X&L#&%D%C?Q1&')%5?&4%.*"*P0?&(1/#)*'(%'"&R.*&'1&/#&"%X&)#(
'?D81X&?&?(?"$#+8%'"*&;%'(1&).#L#.%&51L(%&)$1D1&4%"4?(%&'.%9%L(%X&91/&*0#0)1&'D1"81&%L
'"$#(1&0$#J1)1
[L%)*<#&0(1/#&*&<#$#&Y%'"*'.#)#&R(#RC(1/#&(*51&*D#.#&)1.*01&'$1Q1&[&9%$9#D#X&0%51&'?&?
=#>#$'0%5&(#'"#.1&*/D1>?&'"#$%C&0$#J#&;1.1&Ia&*&81C%)#&'*(#&!"1)#(#X&*&%(#&*&81(&'*(X&4%
L1L?&(#/)#(*&;1.#X&91V?&(#&'"$#(*&0$#J1)%5X&51$&*D&51&!"1)#(&4%$*<#%&4$#)%&(#&%9.#'"&U&'
"%C#&R(#X&4%'.1&%P1)1&'D$"*&E67GX&D%$#L1&91C#"*&?&_1+0?&')%D&/1"?&;1.#&51&4$1?/1%
?4$#)?&%P1)1&%9.#'"*&*&0#L&51&(1(#L(%&?D$%&!"1)#(&'4$1D#%&'1X&0#%&81C%)&'"#$*&4$%"*)(*0X
L#&?'"#(1&*&4$%"*)&81C%)1&?L%)*<1&O1.*'#)1"1&B?D#(01&*&D#.%.1"(%C&(#'.1L(*0#&b#L*'.#)#
[/L#%&'1&?&4%D%Q&')%C&/1"#X&P1+0%C&0$#J#X&#&*/C.1L#&L#&51&*D#%&*&'*C?$(*V&*/C.1L#&Y#L*
"%C#X&#&D%SL#&*&/9%C&.*P(*V&$#/*.#S18#X&?9*&C#&$#(*5*&4$*'"#.*<#&81C%)1&D#501X&D%Q(*
9#$%(&:1($*V&M*'*(C&E6G&Y#L*&"%C#&L%9*%&51&*L?Q1&C%L*(1&9#('")%&!.#)%(*51X&#.*
(#'0%$%&4%C*91&*&'#D&?&9%$9*&4$%"*)&(%)%C&0$#J#&b#L*'.#)#
U/#&;1.*(1&4%C*9*51&D#P)#('0%?'%$'0%&9#('0%&D1'"%&/#&L?S1&)$1D1(#&(*51&'1&4%4?8#)#.%
0$#J1)'0*D&4$*(P1)*D#&3%$1L&"%C#&4%(10#L&'1&*&L1.*.%&(#&L)%51&*&(#&"$%51&B#%&9#(&!%.*&*


 

 ,
['%$1&'4%D*81&'1&C%L&6A&:1($*V&M*'*(CX&#&?&*'"%&)$1D1&(#)%L*&'1&0#%&D#P)#('0*&9#(
4#.#"*(&Y%.#(L&B#%&4%'19#(&9%'#('0*&9#(X&F 
&&lyFX&4%"4*'?51&'1&0$#"0%&)$1D1
6A&D#>#$'0*&4.1D*Q&!"1)#(&*/&4%$%L*<1&M?"01.1L
&[&51L(%D&0$#J1)'0%D&4*'D?&%L&
D#5#&6A&:1($*0&51&(#)1L1(&0#%&9#(&F 
&q  FX&#&81C%)&(#'.1L(*0&fC*L*51&4%'"#%&51
9#(&F&„&&&lyF
&3%'.1&4#L#&:1($*0%)#&6 &C%L&/#&9#(#&F')1&!.#)%(*51F
L%.#/*&-*%(*'*51&;#9%(*QX&#&fC*L*51&4%'"#51&F
 &   F

&!*(%)*&:1($*0%)*
/#)$C.*&'?&4%'.1&4$14*$0?&*&$#"&'#&9#(%D&!"14#(%DX&'*(%D&)%L*P0%C&0(1/#&!"14#(#X&*
/#)$+*.*&'?&*V&"10&6@&?&-?9*<*&*("1$)1(<*5%D&0$#J#&B#$.#&T#4?J'0%C
&U&"1&9%$91X
0#%&*&?%4+"1&$#/$*)1(%'"&%L(%+#5#&?&[C#$'0%5X&4.%L&'?&V#%'#&?&)$V%)*D#&D#>#$'01&L$S#)1
Y#'4?'(*&D.#L*&0$#J&S*)1%&51&%91'(%X&#&D#50#&D?&B?D#(0#&L%4?'"*.#&51&4$1)1.*0&?"*<#5
')%D1&4.1D1(?&;#$%(*&L$S#)(*&$#L*.*&'?&+"%&'?&V"1.*X&C.1L#5?Q*&?&')1D?&(#54$1&')%51
*("1$1'1&;*.%&*V&51X&0%5*&'?&P#0&'#&4$%"*)(*<*D#&L$S#)1&?.#/*.*&?&'#)1/1&4$%"*)&0$#J#
(#L#5?Q*&'1&4$*&"%D&(14%'$1L(%5&0%$*'"*&/#&'191&F`L&6A&L%&B#$.#&Y%91$"#FX&)1.*&51L#(
D#>#$'0*&V*'"%$*0X&FD%$#.*&9*'D%&%L*'"#&'#'"#)*"*&'"#"*'"*0?&%&"%D1X&?&0%5%5&51&4%$%L*<*
0%&0%.*0%&4?"#&*&0%D1&4%"P*(*%&"#0%/)#(1&/1D#J'01&*("1$1'1F &3$%"*)&=#>#$#&?'"#%&51
'#&'1)1$%/#4#L#&P1+0*&0$#J&`"%0#$&IIX&#&4$%"*)&8*V&'?&$#L*.*&'&5?C%/#4#L#&*&=.1<*X&V%"1Q*
L#&'?/9*5?&?C#$'0%&+*$181&?&-#.D#<*5?&M%L&6 &91V?&'1&*&:$)#"*&4%0?+#.*&%L)$C(?"*&%L
D#>#$'01&).#'"* &O1L*(%&;'(#&/&')1&"%&)$1D1&%'"#51&D*$(#&*&?0$%Q1(#
U/#&6@&C%L&(#'"#51&D#.%&9%J*&%9$"&/#&=#>#$1&[&'#)1/?&'#&#?'"$*'0*D&)%5)%L%D&Y?L%.N%D
:#9'9?$+0*DX&$%L%(#P1.(*0%D&V#9'9?$+01&L*(#'"*51X&b#L*'.#)&4%"?P1&`"%0#$#&II&"1
C%L*(1X&#&D#.%&L%<(*51&*/D*$*&'1&*&'#&$*D'0%D&<$0)%DX&0%5%5&'1&9*%&/#D1$*%&$#L*&')%C
4%(#+#8#&`5#P#(&*&91/&*&51L(%C&%4#'(%C&"#0D#<#X&%(&51&D*'.*%&L#&D%S1&'&?'41V%D&4$1Q*&(#
'$1>*)#81&?(?"$#+8*V&4$*.*0#&*&(#&L*/#81&0$#J1)'0%C&?C.1L#&H%&'1&L%(10.1&%'1"*.%&*&?
/1DJ*&[&)*+1&4$*.*0#&)*L*&'1&0$#J1)%&4%'$1L%)#81X&(#$%P*"%&?&'D*$*)#8?&)1.*0#+0*V
'?0%9#&H#0%&51&@7&C%L&(#"1$#%&(#&*/D*$181&M*'*(C1&*&)%L*P01&0(1/%)1 &[&F;%'(?&*
=#P)?F&?4?Q?51&(#54$1&D#C*'"$#&"%)#$(*0#&[C$*(#&0#%&9#(#X &#&9$/%&*/#&"%C#&L#51&$#L*
*("$*C#&'#&L)%$#&?0.%81(%5&')%5%5&D#5<*&O1.*'#)1"*X&#&"#+"*&'$4'0%C&0$#J#&-$#C?"*(#X&(#
?4$#)?&=#P)?&*&;%'(?&'&0$#51)*D#&3%S1C1&*&!$1D#X&%L&4$*.*01&%(1&%9.#'"*&0%51&51&$#(*51
*D#%&Y%'"*'.#)&H#0%&%41"&%)%&4%L$?P51&L%.#/*&4%L&?4$#)?&).#L#.#P0*V&(#59.*S*V&'$%L(*0#
B$#J*<#&O1.*'#)1"#&EF  &  F&?&"*"?.#D#GX&F)%5)%"0*8#&=#P)1&*&;%'(1FX&')%5*D&4*'D%D
%L&&#)C?'"#&@7&(#C.#+#)#X&0#0%&S1.*&F?&4%L$?P5*D#&4%L)$C(?"*D&(#+%5&).#'"*F&%P?)#"*
4$#)?&)1$?&0#"%.*P0?&*&'&"%C#&'1&%9)1/?51&')1&%L.?01&4#4'01&0?$*51&4$%"*)&51$1"*0#&4$*D#"*
*&*/)$+#)#"* &!.*P(%&51&4*'D%X&0#%&*&D#50#&D?X&(#&4%"*<#5&4#4'0%C&.1C#"#&o*.*4#X
9*'0?4#&N*$D#('0%CX&?4?"*%&*&0$#J&b#L*'.#)&`(&P#0&(#$1>?51&*&#0<*5?&4$%"*)&51$1"*0#X
0%5*V&(#$%P*"%&*D#&F?&)%5)%L'")?&(#+1D&*&L*51<1/*&9%'#('0%5&*&(10*D&%0%.(*D&/1DJ#D#X
0%51&'1&(#.#/1&4%L&(#+%D&).#+Q?&*&C%'4%L'")%DF &R0<*5#X&*/C.1L#X&(*51&4%P*8#(#&(*&?
0#0)%D&)1Q1D&%4'1C?X&(*"*&51&L#.#&0#0)*V&4$*D1"(*V&$1/?."#"#&B$#J&'#D&9*%&51X&*&4%'.1
%(*V&4$)*V&?'41V#X&4%&')%5%5&4$*$%L*&(1D%Q#(&L#&%L$S*&#?"%$*"1"&/#&L?S1&)$1D1X&#&0#%&L%0#/
/#&"%&(#59%J*&51&4$*D1$X&L#&51&'#DX&.*P(%X&L%4#%&$%4'")#&0%L&')%5*V&9#$%(#&*&L#&C#&51&D#50#
D%$#.#&(%)<1D&%"0?4J*)#"*
O1.*'#)1"#&'1&'4%D*81&0#%&C%'4%L#$0#&%)*V&%9.#'"*&4%'.1L8*&4?"&&5?(#&@  &3%'.1
81&51&4$*D*%&?4$#)?&81(&/1"&0$#J&-$#C?"*(X&0%5*&51&4$1&"%C#X&@&C%LX&9*%&?'"?4*%&$#+0*
4$1'"%&')%D&D.#>1D&9$#"?&=*.?"*(?&`(&'1&4%&(%)%5&%9.#'"*&4%(10#L&(#/*)#&F0$#.¯
'$D¯'0|*FX&#&*D#%&51&4$1'"%(*<?&?&;1%C$#L?&*.*&-19$1<?X&?&51L(%D&D1'"?&(#&4?"?&*/D1>?
;1%C$#L#&*&e#4<# &-%&@ &C%LX&-$#C?"*(&51&9*%&/#L$S#%&/#&'191&/#4#L(*&L1%&'"#$1
'$4'01&L$S#)1X&%L&Y?L(*0#&L%&H$19*8#&*&B%(#)J#X&%9?V)#"#5?Q*X&4$*$%L(%X&*&%9.#'"
L#9#$'01&14*'0%4*51&B#L&51&L%9*%&!$1D&*&!%.*&-$#C?"*(&51&?'"?4*%&D#5<*X&0$#J*<*&O1.1(*X
"$19*8'0*&0$#5&*&5?S(1&%9.#'"*&R$V*14*'0%4&-#(*.%X&-$#C?"*(%)&9*%C$#NX&*'"*P1X&L#&51
0$#J&/#L$S#)+*&F/1DJ?&%"#P#'")#&')%C#FX&L%9*%&*&FD(%C1&%9.#'"*&/1DJ1&?C#$'01F&*&9%'#('01
*&L#&*/&%)1&L$?C1&FD(%C|1&%"¯&51$1"*0¯&%9$#"*&)¯&)$%?&V$*'"*5#(¯'0%?Û&*&0$¯'"*&*V¯F

`)%&4%")$>?5?&*&L$?C*&'#)$1D1(*&*/)%$*&B$#J&-$#C?"*(&%9$#Q#%&'1&&C%L&4#4'0%5


 

 6
0?$*5*&4$10%&9#$'0%C&#$V*9*'0?4#&=#$*(#&'#&"?S9%DX&L#&51&?&81C%)%D&L1.?&;%'(1&51$1'
)1%D#&$#+*$1(#&3#4#&T*0%.#&?4?"*%&51&(#&"%&D*(*'"$?&N$#81)#<#&?&!.#)%(*5*&4%$?0?&*
4*'D%X&L#&?4?"*&"#D%&L)#&*'0?'(#&N$#81)<#&'#&/(#81D&'$4'0%C&51/*0#X&0%5*&9*&L1.%)#.*&?
L?V?&$*D'01&<$0)1 &e#J?Q*&A&D#$"#&&"1&*(0)*/*"%$1&?&;%'(?X&4#4#&51&%L&-$#C?"*(#
"$#S*%X&L#&*D&?&')1D?&9?L1&(#&$?<* &U(0)*/*"%$*&'?&9*.*&*&FJ?L*&%9L#$1(*&08*S1)(*D
/(#81D&*&4%/(#)#5?Q*&51/*0&"1&%9.#'"*F&`)#5&N$#81)#P0*&$1LX&*'"%&0#%&*&L%D*(*0#('0*X&9*%
51&(#$%P*"%&4%/(#"&?&"%&L%9#&4%&')%5*D&*(0)*/*"%$'0*D&'?L%)*D#&K#S*%&51X&D1>?"*DX&"#L#
0#%&(#5#0"*)(*5*X&/#V)#J?5?Q*&5%+&L%'"#&')1S%5&"$#L*<*5*&')%C&'*D4#"*P(%C&%'(*)#P#&o$#81
R'*+0%C&Eß,G&-%.#/#0&N$#81)#<#&?&;%'(?&%'1"*%&'1&0#%&(10#&0%(0?$1(<*5#
L%D*(*0#(<*D#&*X&(#&'#9.#/#(&4#'")1X&*/9*5#5?&)$.%&9$/%&*/D1>?&8*V&*&"?X&0#%&*&4%&U"#.*5*X
'?0%9*X&0%5*&(*'?&D%C.*&4%'.?S*"*&?C.1L(?&<$0)1&(*&81(%5&0%$*'"* &Y#L*&')%C&(%)%C
4%.%S#5#&-$#C?"*(&'1&9*%&4$*L$?S*%&Y*D?X&%P1)*L(%&(1&S1.1Q*&*D#"*&%"?L#&(14$*.*0#&?
?4$#)*X&#.*&'1&*/&"%C#&(1&L#&(*&4%&P1D?&/#0J?P*"*X&L#&51&'#D&4$*'"#%&4$*D*"*
0#"%.*<*/#D &O1L(%&(#+1&L%D#Q1&)$1.%X&0%51&4$%0.*81&51$1"*01&L%)%L*&#0<*5?
-$#C?"*(%)?&?&)1/?&'#&$#L%D&(#+1C&#$V*14*'0%4#&O#0%)#&*&U'#*51X&L#9#$'0%C&14*'0%4#X &*
?")$>?51&%L(%'1X&0%5*&'?&*&'#&L$?C*V&'"$#(#&9*.*&4%/(#"*&-$#C?"*(&51&/*L#%&D#(#'"*$
R$*J1X&#&"$#L*<*5#&C#&'D#"$#&*&/#&0"*"%$#&Y#P1&B#%&D%(#V&%(&51&?/1%&P*'"%&C$P0%&*D1
H1%0"*'"#X&#&'#V$#81(&51&?&c?$>1)*D&!"?9%)*D#&0%L&Y#'#&3%.*"*P0*&81C%)&$#L&"$19#
%L)#5#"*&%L&81C%)1&.*P(1&)1$'01&4$*4#L(%'"*&-$#C?"*(%)&F9%'#('0*&14*'0%4F&/)#%&'1
K#'*.*51X&L%0&51&0#"%.*P0*X&?&*'"%&)$1D1X&A&C%LX&9*%&H%D#&F& &qF 
U&*(#P1X&)1Q&4%&'#D%D&*D1(?X&K#'*.*51&51X&)*L*&'1X&9*%&4$#)%'.#)#<
-%C#>#5*&?&=#>#$'0%5&'4.1"%+1&'1&?&"%&L%9#&0#%&(*0#L&4$1&Y#/9.?L(*&D.#L*&0$#J&?&L)#L1'1"
*&%'D%5&C%L*(*&9*X&7&5?.#&7X&?9*51(&%L&51L(%C&B?D#(<#X&0%5*&C#&51&/#"10#%&0%L&')%51
S1(1&B#0%&51&?D$%&91/&(#'.1L(*0#&*&(1(#L(%&(#'"#L1&0$)#)#&*&L?C#&9%$9#&/#&?4$#S81(*
4$1'"%&B#%&4%'.1L8*&%L&R$4#L%)*Q#&5#)J#%&'1&51L#(&?(?0&R(L$*51&3X&0%5*&51&%'"#)*%&*/#
'191&4%'D$P1&!"1)#(#X&)1(P#(#&L%<(*51&'&51L(%D&=.1P#(0%D&3%D#C#(*&%L&=.1"#P01
Y14?9.*01&*&!"1)#(&*&81C%)&'*(&R(L$*5#&4$1"1(L%)#.*&'?&(#&?C#$'01&%9.#'"*X&#&R(L$*5#&'#LX
4%'.1&b#L*'.#)J1)1&'D$"*X&*&(#&?C#$'0*&4$1'"%&UD#%&51&?/#&'1&L%9#$&L1%&4$%"*)(*0#
b#L*'.#)J1)*V&T1&/(#&'1&0#0%&51&L%+#%&L%&#?'"$*'0%C&)%5)%L1&R.9$1V"#X&#&%L&81C#&51X&(#
4%/*)&=#>#$#X&4%"#5(%X&4$1%9?P1(&0#%&D%(#VX&'"*C#%&D1>?&')%51&*& &5?.#&*'"1&C%L*(1&9*%
0$?(*'#(&3$%"*)&R(L$*51&III&*'"#0#%&'1&(#54$1&51L#(&#)#("?$*'"#X&.#S(*&R(L$*5#X
b#L*'.#)J1)&9$#"X&0%5*&51&9*%&?D$%D(%C%&$#(*51&E6@GX&#.*&"#5&9*)#&9$/%&').#L#(&*
?"%4J1(&B#%&4$1"1(L1("&4%5#)*%&'1&%LD#V&*&R.9$1V"&R?'"$*'0*X&#&(#'0%$%&/#"*DX
%L9*5#5?Q*&81C#X&*&'#D&4#4#X&0%5*&51&'D#"$#%&[C#$'0?&0#%&).#'(*+")%&$*D'01&0?$*51&3#4#&51
D*'.*%&L#&%91/91L*&4$1'"%&'1'"$*Q?&4%'.1L81C&0$#J#&b#L*'.#)#X&#&'*(?&B#$.#&IIX&(#4?J'0%C
0$#J#X&0%5*&'1&5#)*+1&0#%&(#59.*S*&'$%L(*<*&,&5#(?#$#&&9*&L%*'"#&B#$.%&=#$"1.X&?
4$*'?'")?&4#4*(#&.1C#"#X&0$?(*'#(&*&4$%C.#+1(&/#&0$#J#&=#>#$'01&R(L$*5#&51X&D1>?"*DX
'.%D*%&%"4%$&#?'"$*'0%C&)%5)%L1&*&9*%&C%"%)&(#&(%)1&9%$91X&#&R(S?)*(<*X&/#?/1"*&9%$9%D&/#
!*<*.*5?X&(*'?&D%C.*&L#&$#/)*5?&')?&'(#C?&*&4%D%C(?&')%D&0#(L*L#"?&R.*&'?&/#"%&)1+"%
'0?4J#.*&'#)1/(*01&?&'#D%5&[C#$'0%5&*&'?'1L(*D&/1DJ#D#&*&(#'"%5#.*&L#&%"?L#&+"%&5#P1
4$*"1'(1&0$#J#&[/&8*V&4$*'"#5?&?)10&(#&4%9?(1&C%"%)*&M*'*(C*&*&L)%.*P(*&;#9%(*Q*
K%L*P#(*X&#&'&8*D#&4$1C%)#$#5?&*&e?9*Q*&B$#J&-$#C?"*(&'1&(1&*'"*P1&'#DX&#.*&'?&?
T#4?J?&$#P?(#.*&'&8*D&K1Q&A&(%)1D9$#&7&'.#%&51&B#$.%&!*<*.'0*&F')1".%5&0$#J*<*
!$9*51X&(#+%5&$%>#<*FX&"5&-$#C?"*(%)%5&S1(*X&L%/)%.?&/#&*/)%/&%L&777&"%)#$#&S*"#X&F 
  &
  &
 & 
F&-$#C?"*(%)&'*(&K.#L*'.#)&L$S#%&51&*/&4%P1"0#
'"$#(?&')%51&#(S?5'01&"1"01&*&9*%&/#&"%&(#C$#>1(&&#)C?'"#&&)%5)%L'")%D&<1.1
!.#)%(*51&%'*D&%(*V&%9.#'"*X&0%51&51&*D#%&Y#L%'.#)&K%L*P0*X&"5&%L&K$9#'#&L%&!#D%9%$#X&*
%9.#'"*&0(1/%)#&o$#(0%4#(# &[&T#4?J?&'?&-$#C?"*(#&*&81C%)?&S1(?&(#/*)#.*&F)1%D#
L$#C*D&$%>#<*D#F 
T1'*C?$(*&/#&0%(#P(*&?'41V&*&R(S?)*(<*&*&0$#J&R(L$*5#&(#'"%51&4$*L%9*"*&4%51L*(1&5#P1
0(1/%)1&+"%&)1Q*D&?'"?4<*D#&*&4$*)*.1C*5#D#i&#&%)*X&%4#S#5?Q*&"%X&)1+"%&*'0%$*+Q#)#5?&*


 

 @
51L(?&*&L$?C?&'"$#(?X&4$*.#/1Q*&P#'&51L(*D#&P#'&L$?C*D#&H#&51&4%.*"*0#&(#$%P*"%&%5#P#.#
9$#"'")%&e?9*Q#X&#&4%'19(%&9#(#&3#).#&I&`(&51&%L&6 &C%L&9*%&4$*D%$'0*&9#(&*
/#C%'4%L%)#%&51&4%'"141(%&')%D&%9.#+Q?X&%L&T*(#&L%&`D*+#&]1D?&*&81C%)%5&9$#Q*&c?$*&*
=.#L1(?&*&8*V%)*D&(#'.1L(*<*D#&L#$%)#%&51&"?&%9.#'"&B#$.%&T#4?J'0*&C%L&X
&#
(#$1L(1&C%L*(1&?P*(*%&51&"%&*&0$#J&R(L$*5# &T%&e?9*Q*&0#'(*51&')1&)*+1&4$*'"#5?&?/
R(S?)*(<1X&D%SL#&4%(#5)*+1&$#L*&4%D%$'0*V&)1/#X&0%51&'?&*D#.*&'&8*V%)*D&/1DJ#D#X&#
D%SL#&*&*/&4$%"*)(%'"*&4$1D#&=.1<*D#&0%5*&'?&4%D#C#.*&')%C#&0#(L*L#"#&?&=#>#$'0%5&T*51
*V&?&"%D&4%D1.#&(*&'D$"&B#$.#&=#$"1.#&2&C%LX&51$&%(*&(*'?&9*.*&/#&81C%)?&.*P(%'"X
0%.*0%&/#&"?&L*(#'"*5?&[&T#4?J?&'?&3#).#&)1%D#&<1(*.*&*&9*.%&*D&51&D(%C%&'"#.%&L%&"%C#&L#
C#&/#L$S1&(#&')%5%5&'"$#(*&[&51L(%D&4*'D?&%L&6&5?(#&2&81C#&B#$.%&T#4?J'0*&(#/*)#
FL$#C*D&*&)1$(*D&(#+*D&$%>#0%DF&*&?4?Q?51&'*(#X&L#&D?&L%S*)%"(%&?'"?4*&F9#('0?&P#'"&?
L1.%)*D#&V$)#"'0*D&*&L#.D#"*('0*DF 
[&P*"#)%5&L$S#)*&51&9*.%&*&P1'"*V&'?0%9#&*/D1>?&%91&'"$#(01X&4#&'1&8*V%)*&%L51<*&5#)J#5?&*
0%L&(#'&H)$L*'.#)&*&;.#S&M$?9#P1)*Q&*/&K$9#'#&L$S#.*&'?&'"$#(?&R(L$*5*(?&*&%'%9*"%&'?
'1&*'"#0.*&?&51L(%5&9%$9*&4$%"*)&9#(#&Y#L%'.#)#&!.#)%('0%CX&0$#J1)%C&4$%"*)(*0#X
5?$*+#5?Q*&(#&81C%)&)$9#'0*&C$#L&3$*&"%D&5?$*+#8?&%(*&'?&9*.*&"1+0%&$#81(*&Y#L*&"%C
L$S#8#&L%9*.*&'?&%L&0$#J1)1&D#"1$1&H%D#/*(1X&2&C%LX&4%.%)*(?&4$*V%L#&.?01&?
M$#L*+<*X&4#&*D&51&"?&L%(#<*5?&4%")$L*%&@&5#(?#$#&6&*&0$#J&R(L$*5#
[&=#>#$'0%5&R(L$*5#&III&(*51&*D#%&'(#C1&L#&'$1L*&4$*.*01&F_#0&'1&*&81C%)1&(#5%L#(*51
4$*'"#.*<1&"?S#V?X&L#&'?&$#L*&(1%L.?P(%'"*&0$#J1)1&')*&%(*&/#0%(*X&0%5*&'?&L%(1'1(*&4$*
81C%)%D&0$?(*'#8?X&4%"4?(%&9*.*&/#9#P1(*&*&L#&51&[C#$'0#&?&')*D&')%5*D&L1.%)*D#
4%J?J#(#&*&L#&51&L%)1L1(#&L%&4$%4#'"*&/9%C&'#D%)%J(*V&4%'"?4#0#&9#$%(#&*&L$?C*V
)1.*0#+#F&3$%"*)&0$#J#X&4%L$S#)#5?Q*&4%51L*(1&9?("%)(*01X&(1?D%$(%&'?&$#L*.*
R(S?)*(<*&*&'&8*D#&?&)1/*&4#4#&;%(*N#<*51&aIII&`(*&*'"#0%+1&0#%&')%C&(%)%C&0#(L*L#"#
(#5'"#$*51C&=#$"1.%)#&'*(#&B#$.#&Y%91$"#&E &5#(?#$#&6G&3$10%&')1+"1('")#X&*D1(?5?Q*
(#&')#&*'4$#S81(#&9*'0?4'0#&D1'"#&')%51&4$*'"#.*<1X&*&4$10%&$#/(*VX&9%C#"*D&4%0.%(*D#
/#L%9*51(*V&)1.*0#+#X&4#4*&*&B#$.?&T#4?J'0%D&51&L%'"#&9$/%&4%+.%&/#&$?0%DX&L#&4%"4?(%
4%"0%4#5?&4%.%S#5&R(L$*5*(&B#%&4$*'"#.*<#&R(S?)*(#<#X&D%Q#(&*&*(#P1X&9#(&3#).1&+*$*
')%5&?"*<#5X&4%D#C#(&(#$%P*"%&%L&<$0)1(*V&.*<#&3%+"%&51&)1Q&*D#%&?&')%5%5&).#'"*
-#.D#<*5?&*&51L#(&L1%&:$)#"'01X&%(&9#<#&%P*&*&(#&/#4#L(?&;%'(?&T1&/(#D%&0%5*D&(#P*(%DX&L#
.*&(10*D&D#.*D&/#)%51)#81DX&*.*&'4%$#/?D%DX&*.*&4$%'"%&L#&*'"#0(1&')%51&4$#)%X&%(&'1&%L
4$%.1Q#&&C%L&4%P*81&L#&(#/*)#X&?/&%'"#.1&"*"?.1X&5%+&*&FC%'4%L#$%D&;%'(1F&E 

l
G&U'"1&C%L*(1X&'#D%&D#.%&L%<(*51X&81C%)*&'$%L(*<*&*&4$*'"#.*<1X&0(1/&:$)#"*(&*
9$#Q#&D?&*&'*(%)*X&4%&4$14%$?<*&9#(#&3#).#X&L%9*)#5?&%L&B#$.#&T#4?J'0%C&4%")$L?&')%5*V
4%'1L#&?&-%8*D&B$#5*D#&;%'(1&K1$%)#"(%&51&*&3#).%)%&+*$181&?&;%'(*&9*.%&'&8*D#&?
(10%5&)1/*
\#(*DJ*)%&51X&L#&*&"*D&4%)%L%D&(1D#&(*0#0)#&'4%D1(#&%&0$#J?&-$#C?"*(?&j1(#&B#$.#
T#4?J'0%CX&=#$*5#X&9*.#&51&'1'"$#&81C%)1&S1(1&B#"#$*(1&*&%L$S#)#.#&51&)1/1&'&8%D
-$#C?"*(%)&'*(X&)*L1.*&'D%X&9*%&51&'&4%P1"0#&?/&R(S?)*(<1&B#L&'1&'4$1D#.%&'&4%P1"0#&A77
C%LX&L#&'1&B#$.%&Y%91$"&4$1)1L1&?&-#.D#<*5?&*&%L#".1&?&=#>#$'0?&4$14%$?P*%&1(#4?J'0*
L)%$&')%C&+"*Q1(*0#&*&-$#C?"*(?&*&0$#J*<*&B#"#$*(*&=1>?"*DX&%L#(%'"&-$#C?"*(%)#
'*(#&K.#L*'.#)#&R(S?)*(<*D#&9*.#&51&4%0%.19#(#&B#%&"%.*0*&L$?C*&)1.*0#+*X&*&%(&51
L%+#%&?&9.*S?&)1/?&'&=.1P#(*D#X&D%SL#&*&4%&8*V%)%5&*(*<*#"*)*X&51$&(*51&9*.%&%L&D#.%C
/(#P#5#&4$*L%9*"*&-$#C?"*(#&*&81C%)&L%D&(#&')%5?&'"$#(?&M%L&A&%S1(*%&'1&K.#L*'.#)
B%('"#(<%D&=%$%/*(*X&0%5#&51&9*.#&?&'$%L'")?&'&0$#J1D&R(L$*5%D&III&3$1C%)%$1&%0%&81(1
?L#51&)%L*%&51&'#D&0$#J&R(L$*5#&'#&-$#C?"*(%DX&%P1)*L(%&'&4%.*"*P0*D&4.#(%)*D#
T1D#D%&(*0#0)*V&L%0#/#&L#&51&4%'.1&"%C#&-$#C?"*(&$#L*%&/#&R(S?)*(<1X&#.*&L#&51&4%'"#%
?/L$SJ*)&"%&51&)*+1&(1C%&)1$%)#"(%&;#(&3#).1X&0%5*&'1&%'.#8#%&(#&R(S?)*(<1X&"1+0%&L#&51
L%+#%&%LD#VX&%L&4%P1"0#X&?&'?0%9&'&-$#C?"*(%D&(1C%&Q1&4%&')%5&4$*.*<*&9*"*X&L#&51&-$#C?"*(
%'"#%&(1'D1"#(&?&')%5%5&%9.#'"*&!%.*&*&['%$1X&#&L#&51&3#).1&4$1"1(L%)#%&(#54$1&(#&9%'#('01
S?41&\#)$+5#&*&D%SL#&(#&Y#D?&!#&"#L#+8*D&9#(%D&!"14#(%D&?&;%'(*&%$%L*%&'1&(10%D


 

 
*/9.*S1&(14%/(#"%D&S1(*L91(%D&)1/%D &*&(1D#&)1'"*X&L#&51&*&4$%"*)&81C#&%LD#V&*'"?4#%
#C$1'*)(%&[&"%&)$1D1X&0%.*0%&/(#D%X&%(&51&'#D%&4$%+*$*%&*&?")$L*%&')%5?&).#'"&?&\#)$+5?X
'#&"$*&)1.*0#&4%J#X&.*)#8'0*DX&L?)#8'0*D&*&C.#D%P0*D&T1D#D%&(*0#0)*V&4%L#"#0#&L#&.*&51
"%&9*.%&?&'4%$#/?D?&'#&.%0#.(*D&C%'4%L#$*D#X&0#%&?&-%8*D&B$#5*D#X&*.*&?&9%$9*&'&8*D#
;#(&!"14#(&B%"$%D#(*Q&IX&0%5*&51&"#L#&).#L#%&?&;%'(*X&(*51X&')#0#0%X&9*%&/#L%)%J#(
+*$181D&e?9*Q#&?&81C%)?&/1DJ?&?&D#&0#0)%D&%9.*0?&"%&9*.%&*/)%>1(%X&#&(#$%P*"%&(1&?
4$#)<?&%L&b*)(#&4$1D#&M.#D%P?&*&L#J1X&0%51&51&?C$%S#)#.%&81C%)?&).#'"&?&4$#)%5&;%'(*&U&'
"%C#&51&9*.%&'#')*D&4$*$%L(%&%P10*)#"*X&L#&Q1&?'0%$%&*/D1>?&8*V&D%$#"*&L%Q*&L%&9%$91
M%L&A77&4$1)1%&51&3#).%)&9$#"X&0(1/&c?$%X&B#$.#&Y%91$"#&*/&U"#.*51&?&!4.*"&*&'#&9$#"%D&*
%'"#.*D&)1.*0#+*D#&*&')1+"1('")%D&'4$1D*%&'1&L#&D?&%'*C?$#&).#'"&?&0$#J1)'")?&B#$.%
T#4?J'0*&(#$%P*"%&51&4$14%$?P*%&9#+&3#).?&e?9*Q?&L#&D?&4$*4#/*&(#&?(?0#
&R)#("?$#
51&9*.#&)$.%&%4#'(#X&#.*&%(#&51&*&(#59%J1&D1$*.%&'#D%4%?/L#8#&*&*/$#/#&'(#C1&9$#"'")#
e?9*Q#&!")#$*&'?X&(1(#L(%D&'D$Q?&0$#J#&R(L$*51&EA7GX&*'4#.1&9%J1X&(1C%&+"%&51&D%C.%
9*"*X&#.*&'?&'1&R(S?)*(<*X&4$*$%L(%X&*&"#0%&%'1Q#.*&%9#)1/(*&4$1D#&e?9*Q*D#&*&9*.*
C%"%)*&(#&)$.%&)1.*01&D*.%'"*&F;#(&51&3#)#%&?&%(%&)$*51D1&9*%&0#%&0#0)#&0$?81(#&C.#)#X&0#%
4$#)*&'?)1$1(&B#%&0?Q(*&'"#$51+*(#&%L$1>?51&9#(&3#)#%&9$#Q*&*&'*(%)*D#&(1&'#D%&/1DJ1&*
4%'51L1X&(1&'#D%&P#'"*&*&L%V%"01X&(1C%&*&/#L#"01&*&4%'.%)1X&0%51&D%$#5?&)$+*"*&-%0&D?&9$#Q#
)$+1&).#'"&?&4$*D%$5?&*&?&L#.D#"*('0*D&C$#L%)*D#X&"%&51&'*(%)*D#&(#D*51(*%&(#5(%)*5?
"1P1)*(?&')%5?X&"1&*V&51&*D1(%)#%&0(1/%)*D#&H$*5?&4%J#X&:.*)(#&*&d1"*('01&S?41F 
=1>?&4$)*D&4%"1/*D#X&0%51&51&9#(&3#).1&?P*(*%&L#&9*&%5#P#% ')%5&4%.%S#59*%&51&"#5&L#
4%0?+#&)1/#"*&?/#&'1&%0%.(#&5#P#&9$#"'")#&&N19$?#$#&A7&*/L#51&*&%(X&4%'.1&L#(1&)1$1X
4%)1J?&0(1/?&:$)#"*(?X&?&0%5%5&D?&$#L*&4$*)$S1(%'"*X&0%5?&51&4%0#/*)#%&4$1D#&81D?&*&0%5?
Q1&/#51L(%&'#&4%"%D'")%D&*&?&9?L?Q1&4%0#/*)#"*&4$1D#&3#).?&*&81C%)*D&(#'.1L(*<*D#X
%91Q#)#&P?)#81&*&(1%0$8*)%'"&4%'1L#&*&%L9$#(?&%L&(#4#L#5#&L$?C*VX&')1&L%0&:$)#"*(&*
81C%)*&4%"%D<*&9?L?&4%0#/*)#.*&4%"4?(?&)1$(%'"&[C%)%$&4$1L)*>#&*&4%D%Q&:$)#"*(%)?
3#).?&?&'.?P#5?&0#0)1&4$*"1+81(%'"*X&*&"%&F9$/?X&)1$(?&*&'#&')*D#&D%C?Q*D&'*.#D#F
`91Q#81&51&"%&4%(#)J#(%&*&A7 &*&A72&C%L*(1&*&"%X&*/C.1L#X&/9%C&*/)1'(*V&'?D8#&%
4%(#+#8?&:$)#"*(%)?X&0%51&'?&9*.1&(1%'(%)#(1&[&4%'.1L8%5&4%)1J*&9#(&3#).1&P#0&?)1$#)#
:$)#"*(#&*&81C%)1&'*(%)1X&L#&C#&(1Q1&(*0#L&(*&?4?'"*"*&(*&%'"#)*"*X&F(*&$#L*&P*51C
4$*5#"1J'")#X&J?9#)*X&D%.91X&<1(1X&'"$#V#&*.*&D$S81F&*&%'.%9#>#&C#&%LC%)%$#&(#
'?D8*P18#X&0%5#&'?&'1&*/(%'*.#&4$%"*)&81C#&e"#&)*+1X&#0%&9*&'1&P#0&L%C%L*.%X&L#&D?
:$)#"*(&*&?P*(*&0#0)?&(1)1$?X&%(&(1Q1&(*4%+"%&%LD#V&*'"?4*"*&4$%"*)&81C#X&(1C%&Q1&D?
4*'D%D&P1"*$*&D1'1<#&?(#4$1L&5#)*"*&L#&'1&P?)# &`)#0)*&?C%)%$*&)$.%&'?
0#$#0"1$*'"*P#(&L%0#/&%&5#P#8?&)1.*0#+01&'#D%')1'"*&*&"1+0%Q1&*&%4$1/(%'"*X&0#0%&L#&'1&'
8*D#&4%'"?4#&[&%)%5&'1&4$*.*<*&D%Q(*&9#(&3#).1&4%0#/?51&$1"0%&D?L#$&*&%9#/$*)&*&*D#
J?9#/#(&(#P*(&L#&?)$1>1(#&4$*5#"1J#&(#(%)%&%9#)1S1
!#D&9#(&3#).1&'D#"$#%&'1&0#%&)$V%)(*&C%'4%L#$&0?Q1&*&V"1%&51&L#&*D#&4$1C.1L&*&(#L/%$&(#L
')*DX&#&?4$#)?&4%51L*(*V&%9.#'"*&4%L1.*%&51&D1>?&')%5?&9$#Q?&*&'*(%)1&!)%D&D.#>1D&9$#"?
=.#L1(?&L#%&51&(#&?4$#)?&')%5X&9.*S1&(14%/(#"*X&L1%&;%'(1&)1Q&A7&C%LX&#&'*(&D?&=.#L1(X
/)#(&*(#P1&*&=.#L1(&IIX&'4%D*81&'1&C%L&A7 &0#%&0(1/&FH$*5?&3%J#&1& 
& & FX
L%0&'?&L$?C*&9*.*&0(1/%)*&L#.D#"*('0*V&C$#L%)#&`P10*)#(*&'?0%9&'#&;%'#(<*D#&*/9*%&51
"%0%D&A7&C%L&H1&C%L*(1&e?9*Q*&'?&?'41.*&L#&'#).#L#5?&*&4%"*'(?&9#(#&!"14#(#&I&*/&<1.1
;%'(1&')1&L%&-$*(1&O1L#(&L?9$%)#P0*&#0"&*/&"1&C%L*(1&?&D#.%&$1P*&0#/?51&L%'"#&Fq‚
&
&
 && && & &„  X&
&& &‚  & & &x F&T1D#D%X&(#&S#.%'"X
(*0#0)*V&4%?/L#(*V&)1'"*&%&"%DX&0#0%&'?&'1&'")#$*&L#J1&$#/)*5#.1&K1Q&&5?(#&A7&*/L#%&51
=.#L1(&4%).#'"*<?&'4.*"'0*D&"$C%)<*D#X&0%5*D#&51&L%&L%.#'0#&?&;%'(?&9*%&0(1/X&L#&4%&')1D?
F(#+1D&).#L#8?&:$)#"'01&*&;%'(1F&D%C?&'.%9%L(%&*Q*&*&"$C%)#"*X&0#%&*&L#&9%'#('0*
4$%L#)<*&*&0?4<*&D%C?&(1'D1"#(%&'*.#/*"*&?&!4.*"&B#0%&D?&(%)*&9#('0*&41P#"&5%+&(*51&9*%
C%"%)&&%(&"%&(#$%P*"%&(#4%D*81&?&4%)1J*&&/#41P#"*%&51&4%)1J?&')%5*D&'"#$*D&'4.*"'0*D
41P#"%D&3$1D#&L?9$%)#P0*D&"$C%)<*D#&=.#L1(&(*51&4%0#/*)#%&?)10&"1
4$1L?'$1"J*)%'"*


 

 7
-%'#L&'1&$1L%)(%&?/*D#.%X&L#&51&9#(&3#).1&0%)#%&*&4$)*&(%)#<&/#&;%'(?&R.*&(*&(#&51L(%D
L%'#L&(#>1(%D&4$*D1$0?&(1D#D%&'.?P#5&L#&'1&5#)J#&.*0&'#D%C&3#).#X&(1C%&51&?)10&'&8*D&*&.*0
51L(%C&=.#L1(#X&9*.%&9$#"#&9*.%&'*(#&!&"%C#&Q1&9*"*&)1$%)#"(*51X&L#&51&4%P1"#0&0%)#8#&"%C
+?9*Q'0%C&9%'#('0%C&(%)<#&L1.%&*(*<*#"*)1&%)1&L)%5*<1&T%)#<&51&'$19$(*X&*&0#%&*&4$)*
'$4'0*&'$19$(*&*&9?C#$'0*&(%)<*&<#$*<1&U$*(1X&$#>1(&51&4%&"*4?&D.1"#P0*V&D#"#4#(#X
C.#)(1&)#.?"1&?&"$C%)#P0%D&4$%D1"?&(#&;#.0#(?&*&4%&'?'1L(*D&D%$*D#
!1)1$%/#4#L(1&C$#(*<1&;%'(1&(*'?&9*.1&D(%C%&'?S#)#(1&H?&'?&B%"$%D#(*Q*&3$*51/L*(1
.*(*51&*D#.*&')%5#&4%$%L*P(#&L%9$#&0%5#&'?&%'"#.#&4%+"1>1(#&3$*51/L*(&'?'1L&(#&"%5&'"$#(*
9*%&51&'#('0*&0(1/&EF'%
&&qFG&=*V#*.%X&0%5*&'1&'4%D*81&%L&2@&C%L&*&0%5*&51&2
D#$"#&, X&4%&(#$1L9*&D#>#$'0%C&0$#J#X&4$1L#%&(101&/1DJ1&"%4?'0%5&%4#"*5*  T#
4%L$?P5?&'.*)#&K$9#'#X&0%51&'1X&4%&D#>#$'0%DX&/%)1&F 
FX&(#.#/*.*&'?&'1&4%'1L*
/#C$19#P0%C&9*'0?4#&H?&51&?4$#)J#%&F)$9#'0*&0(1/FX&0%5*&51&'0%$%&$1L%)(%&9*%&?&*'"%&)$1D1
*&(10*&L)%$'0*&P*(%)(*0&`0%&6 &C%L&L%+.1&'?&0(1S*(1&!#(1&*&K$9#'#&4%L&).#'"&0(1/#
O#(%+#X&'*(#&:1($*0#&M*'*(C#X&51L(%C&%L&(#5'*.(*5*V&)1.*0#+#&"#L#+81C&0$#J1)'")#&T*'?X
L#0.1X&9*.1&(#'.1L(1X&(1C%&'?&L#)#(1&0#%&*&L$?C1&0$#J1)'01&%9.#'"*&R.*&'1&0(1/&O#(%+&(*51
L?C%&%L$S#%&K1Q&@2&C%L&)%L*P0*&0(1/&Y#L%'.#)X&'.#)%('0*&4.1D*QX&9$#"&9#(%)#
-*%(*'*5#&*&!"14#(#&IIIX&4%D*81&'1&0#%&C%'4%L#$&M.#S#X&K$9#'#&*&!#(1X&%9?V)#"#5?Q*
4%L$?P51&%L&['%$1&L%&!#(1
&H#5&Y#L%'.#)X&D%Q#(&*&?"*<#5#(X&4%'"#%&51&@@&C%L&9#(&F')1
!.#)%(*51F&H#L&51&)1$%)#"(%&*&/1DJ#&D#.%&4%P*(?.#&!"#(%)(*+")%&'1&$#(*51&"?S*.%X&0#%
(#&4$&,&C%LX&L#&D(%C%&4#"*&%L&F'"#.(*V&*'4#L#F&'?'1L(*V&)1.*0#+#&*&'#D%C&)$9#'0%C
0(1/#&*&81C%)*V&'?L*5# 
`9.#'"&%0%&-?9*<1&L$S#.#&51&)1Q&%L&0$#5#&^II&)10#&4%$%L*<#&)%L*P0*V&0(1/%)#&;#9%(*Q#
`)*&'?&*/)%L*.*&')%51&4%$10.%&%L&(10%C&T*0%.%"#X&*/&4%$%L*<1&[$'*(#X&$*D'0%C&'1(#"%$#X
0%5*&L#&51&L%91C#%X&/9%C&(101&4%9?(1X&C%$*P0%D&0(1/?&:1$D#(?&F &  
&t  F&]1C%)
'*(&!"14#(&*'"#0#%&'1&0#%&9%$#<&(#&'"$#(*&=#>#$#&*&L%9*%&/#&"%&%L&0$#J#&fD1$*0#&%0%&7A
C%L&)%L*P0?&%9.#'"X&F &  
& ‚  
&q  FX&?&4%L$?P5?&%0%&-?9*<1&H#&4%)1J#
(*51&#?"1("*P(#X&#.*&51&"#P(%&L#&'1&!"14#(&0#%&)%L*P0*&S?4#(&4%D*81&(#&4%P1"0?&:III
)10# &!"14#(%)*&'?&'*(%)*&9*.*&;#9%(1C&*&!"14#(&IIX&0%5*&51&"%9%S1&4$#"*%&0$#J#
R(L$*5?&?&0$'"#+0*&$#"&!&8*D#&'1&4%$%L*<#&$#/L1.*.#&;#9%(1C&E;#9%(*CX&;#9%(*QG&%'"#%&51
?&K%L*<*X&(#&(%)%D&".?X&L%0&51&!"14#(&/#L$S#%&'"#$1&4%'1L1&?&B$#8'0%5&*&%0%&B?41&*&B%$#(1
[&L?9*P0%5&S?4#(*5*&;#9%(*C&51&4%'"141(%&+*$*%&')%51&4%'1L1&*&0?4%)*(%D&H#0%&51& 
C%L&0?4*%&4%$1L&!#)1&3%.#(?&E*.*&3%J#(?GX&9#+"*('0?&/1DJ?&(10%C&4.1D*Q#
K?0%L$?C#&B#%&/#51L(*P0*&4%'1L&%9%5*<1&9$#Q1&4%D*81&'1&4$1L1%&%0%&$1P*<1&!)%L81
E€G&*/D1>?&!#(1&*&[(1X&?&51L(%5&4%")$L(%5&4%)1J*&0$#J#&;1.1&*/&2,&C%L&B#L&'?
,,&C%L&'*(%)*&;#9%(*Q1)*&31"#$X&=#"*5#&*&B$*'"#(&/#D18*)#.*&(101&')%51&/1DJ1&?
K%L*<*&'#&/1DJ#D#&'.#)%('0%C&9#(#&Y%.#(L#&4%")$L*%&51&"?&/#D1(?&)$9#'0*&0(1/&_#0&T#
4%L$?P5?&%0%&)%L*P0%C&C$#L#&*D#.*&'?&*&;#9%(*Q&*&81C%)*&(#'.1L(*<*&'?0%9#&'#&"#D%+8*D
J?L*D#X&0%5*&'?&")$L*.*&L#&'?&*D&%(*&?/?$4*$#.*&C$#L'01&/1DJ1&*&L#&*V&L$S1&(#&'*.?&R.*
0$#J&;1.#&51&,&C%L&$1+*%&'4%$&?&;#9%(*Q1)?&0%$*'"
\#&)$1D1&4%$%L*P(*V&9%$9*&?&=#>#$'0%5&(#&0$#5?&^III&)10#&K%L*P#(*&'?&L$S#.*&'#
D.1"#P0%D&'"$#(0%DX&51$&'?&9*.*&?&'$%L'")?&'#&?C.1L(%D&D.1"#P0%D&4%$%L*<%D&=%$%/*(*5#
UD#.*&'?&P1'"*V&'?0%9#&'#&4%$%L*<%D&M*'*(C#&*.*&T1D1"?5)#$#<#X&0%5*&'?&*D&9*.*&'?'1L*
M%L&6@&'0.%4J1(&51&0%(#P(%&?&\#C$19?&*/D1>?&/#)#>1(*V&4%$%L*<#&D*$X&0#L&'?&*
T1D1"?5)#$<*&4$*'"#.*&?/&K1(1<*5?&H#L#&51&9#(&!"14#(&L%9*%&C$#L&!"1(*P8#0X&#&?'"?4*%&51
/1DJ?&\.#"&3$*/(#"*&'?X&?&*'"%&)$1D1X&81D?&*&81C%)*D&'$%L(*<*D#&')*&%(*&4%'1L*&?
3%LC%$5?X&!#(*&*&4%&L$?C*D&D1'"*D#X&0%51&'?&L$S#.*&0#%&0$#J1)'01&L#$%)1&;#(&T*0%.#
T1D1"?5)#$&?'"?4*%&51&'*(%)*D#&')%C&9$#"#&!"14#(#&b#4#P0%C&')1&4%'1L1&?/&$#0?&[(?X&'1D
51L(1&P1")$"*(1X&0%5#&51&9*.#&%'"#)J1(#&?L%)*<*&0(1/#&H%$L1&3%'1L*&S?41&-$1S(*0#&*&L)#
L1.#&S?4#&3'1"#X&[.9*)#$#X&M1$P1&*&31"$*81&%'"#5#.*&'?&4%$%L*<*&;#9%(*Q#&;?L?Q1
'4%$%)1&*/D1>?&8*V&4$1'?>*)#Q1&/#C$19#P0*&9*'0?4X&0%D1&'?&'"#)J1(1&?&L?S(%'"&*&"1+01


 

 
'#(0<*51&/#&%(%C&0%&4$10$+*&D*$
R.*&'?&L?V%)*&9*.*&L?C*D&9%$9#D#&"%.*0%&$#/L$#S1(*X&L#&51&?'4%'"#)J#81&D*$#&9*.%&.#0+1
/#0J?P*"*&(1C%&*/)1'"*&;%$91&'?&'1&(#'"#)J#.1&*&/9%C&8*V&51&/1DJ#&9?0)#.(%&4$%4*+"#.#
3%0?+#.%&'1&'&"%C#&'&(%)*D&4$1C%)%$*D#&=#C*'"1$&U)#(X&0(1/&)$9#'0*&*&'#('0*X&'#
'.#)%('0*D&9#(%D&T*0%.%D&*&)1'4$*D'0*D&9*'0?4%D&31"$%D&L%+.*&'?&%0"%9$#&@7&?
`/#J&0#%&*/#'.#(*<*&0$#J#&b#L*'.#)#X&L#&"$#S1&.10#&K%L*P0%D&9#(?&!"14#(?&*&9$#"?&D?
Y#L%'.#)?X&0#%&*&;#9%(*Q*D#X&/#51DP1(*&'?&8*V%)*&4%'1L*&?&3%LC%$5?X&M1$P?X&-$1S(*0?X
M#5?&'&B.#L?+%DX&T%)%D&M$#L?X&3'1"?&*&?&C$#L?&31"$*8*X&#.*&L#&'1&?&8*D#&4%"4?(%&P?)#5?
?%9*P#51(#&9#('0#&4$#)#&FB#0#)&951+1&$1/?."#"&D*$?&0#$#0"1$*'"*P(%&L%0#/?51&"%X&L#&51
U)#(&T1D1"?5)#$*&?S*)#5?Q*&')%5?&'#('0?&*&)$9#+0?&S?4#(*5?&4?'"%+*%&L%9$#&/#C$19#P01
9*'0?4*51X&/#"$%&M1$/1(<?X&#&K#+0?&51&%4J#P0#%&(10#0#)&V#$#D*5#&[$*Q&\#C$19#P0*&9*'0?4
(1&D%C%+1&(#&*(%X&"1&2&D#$"#&@&C%L&?&K*$%)*"*<*&)$C(1&<$0)1(?&0.1")?&(#
T1D1"?5)#$<#X&%L(%'(%&%95#)*&)1Q&?&(#P1.?&*/$1P1(?&0.1")?&T%&*&"%&951+1&?/#.?LX&#&*&0#0%
(1X&0#L&51&U)#(X&0%5*&51&@7&/#$%9*%&0$#J#X&@&4%'"#%&4#.#"*(F 
3%'.1&'0.%4J1(%C&D*$#&K%L*P#(*X&D%Q(*&4%&4%'1L?&*?C.1L?X&4%'"#5?&51L(#&%L&C.#)(*V
4%$%L*<#&!.#)%(*51&;#(%)*&'1&L?C%&?/*D#5?&*/&8*V%)1&0?Q1&!#D&!"14#(&51&9#(&'0%$%
L)#L1'1"&C%L*(#X&'#&'")#$(%D&*.*&'#D%&"*"?.#$(%D&).#+Q?&M%'4%L'")%&8*V%)1&4%$%L*<1
5#P#&*/&L#(#&?&L#(&B(1/#&Y#L%'.#)#X&9$#"#&!"14#(%)#X&?/1.*&'?&@A&C%L&0#%&')%C
/#+"*"(*0#&*/)1'(*&J?L*&*/&L%81&O#D(*<1i&#&*'"1&C%L*(1&4$%L#%&D?&51&0(1/&U)#(&O#$%'.#)*Q
C$#L&b*4%)#<&'#&%0%.(*D&/1DJ#D#
&H#0)*V&?'"?4#8#&*&4$%L#5#&4%$%L*<*&*D#&(10%.*0%
-%9*51(*&'?&H%4.*<#X&Y?S*(L%.X&31.#)#X&Y#"0#X&:$#'"%)*<#&M%L&@6&9#(&3$*51/L#&L#%&51X
0#0%&'D%&)*L1.*X&<1.?&/1D?(*P0?&S?4?&0#%&D*$#/&?/&')%5?&0Q1$&?L#"?&/#&'*(#&9#(#&!"14#(#
`L&@@&C%L&*&Y#L%'.#)X&!"14#(%)&9$#"X&4%'"#51&'.#)%('0*&9#(&*&4%D*81&'1&?/&9$#"#X&0%5*&*
L#J1&(%'*&*'"?&"*"?.?
;#(&Y#L%'.#)&51&51L(%&)$1D1&%")%$1(%&4%D#C#%&(#4?J'0%C&0$#J#&*&81C%)1&4$1"1(/*51&(#
?C#$'0*&4$1'"%&[&4$%.1Q1&&%(&D?&51&P#0&4%'.#%&')%C&'*(%)<#&*D18#0#&'#&')*"%D&?
T#4?JX&?&)%5'0?&0%5#&'1&*D#.#&'")%$*"*&R.*&51&L%'0%$#&4$%D1(*%&'"#)&M%L&A&81C%)*&'?
'1&J?L*&P#0&9%$*.*&/#&D.1"#P0%C&0#(L*L#"#&R(L$*5?&III&*&81C%)1&4$*'"#.*<1X&#&*&%(&'1&'#D
/#.%S*%&/#&8&\#&"%&51X&0#%&(#C$#L?X&L%9*%&C$#L&\1.1(&?&/#C$19#P0%5&S?4#(*5*X&#&0$#J&D?&51&6
'14"1D9$#&A&4%")$L*%&C$#L%)1&K$9#'X&M.#SX&31"$*8?X&K*(%L%X&`0*QX&3%LC%$51&*
!#D%9%$&M.1L#5?Q*&L#&L$S*&L)#&C)%S>#&?&)#"$*&%(&(*51&4$10*L#%&)1/#&(*&'#&R(S?)*(<*D#&*/
T#4?J#&=%SL#&"%X&#&D%SL#&*&81C%)1&L$?C1&#D9*<*51&L%)1L%+1&C#&L%".1X&L#&C#&51X&4%'.1
'?0%9#X&D#50#&0$#J#&R(L$*51X&0#%&)%5)%"0*8#&!.#)%(*51X&L#.#&*'"*'(?"*&*/&4%'1L#&*&C$#L#
)$9#'0%C 
Y#L%'.#)%)&9$#"&!"14#(&L$S#%&'1&0$#J#&R(L$*51&*&'&"%C#&51&L%9*%&%L&81C#&4$%+*$1(1&'"#$*51
4%$%L*P(1&4%'1L1&?&-$1S(*0?&3$%"*)(*0&R(L$*5*(&B#$.%&L#%&51X&*'"1&C%L*(1&EGX&"%
*'"%&4%L$?P51&9$#Q*&e?9*Q*D#&`)#&4%.*"*P0#&4$%"*)(%'"&*/D1>?&Y#L%'.#)#&*&!"14#(#
L%)1.#&51X&?&4$)%D&$1L?X&L%&'?0%9#&*&$#/.#/#X&0%5*&'?&4%L?S1&"$#5#.*&H10&?&#)C?'"?& 
L%+.%&51&4$1L&/#C$19#P0*D&0#4"%.%D&L%&*/D*$18# &T*51&L?C%&4%"%D&Y#L%'.#)&%'"#%&?
S*)%"?i&&C%L&'4%D*81&'1&0#%&4%0%5(*&R.*&'"#.(%'"&?&4%.*"*<*&(*51&9*.#&)$.*(#&(*
%)1&4%$%L*<1X&0#%&(*&D(%C*V&L$?C*V&?&%)%&D?"(%&)$1D1&;#9%(*Q*&'?X&(#&4$X&?&$%0?&%L&'#D%
+1'"&(1L1J#&D18#.*&')%5&'"#)&4$1D#&0$#J?&R(L$*5*&*&4$1D#&B#$.?&!&9$#"%D&!"14#(%DX
9#(%D&!.#)%(*51X&%(*&'?&%L&B#$.#&4$*+.*&#)C?'"#&&R(L$*5*X&#&%L&%)%C&?&'14"1D9$?&*'"1
C%L*(1&%41"&B#$.?X&L#&C#&/#&(14?(?&C%L*(?&4%(%)%&(#4?'"1&B#L&51&B#$.%&Y%91$"&/#?/1%
4$1'"%&?&[C#$'0%5&%(&51&D%$#%&$#P?(#"*&'&;#9%(*Q*D#X&D#L#&51&/(#%&L#&'1&(#&8*V&(*51&'D1%
4%"4?(%&%'.%(*"*X&0#%X&(#&4$X&(#&e?9*Q1&!&"%C#&51&P.#(#&8*V%)1&0?Q1&!"14#(#&A7&C%L
*D1(%)#%&4%(%)%&9#(%D&3%&4%L1.*&%L&A &C%L&"$*&9$#"#&9#(&!"14#(X&U)#(&*&Y#L%'.#)
$#/L1.*.*&'?&4$*V%L1&%)#0%&C%$81&'.#)%('01&*D#%&51&9#(X&L%81&'.#)%('01&%L&M.#S#X&K$9#'#X
-?9*<1&*&'?'1L(*V&'.#)%('0*V&%9.#'"*&U)#(X&#&'#('01&*&?('01X&'#&b*4%D&*&B.#L?+%D&*&')1
L%&B%$#(1X&Y#L%'.#)&!1D&"%C#X&9$#Q#&'?&*D#.#&4%'1L#&*&?&['%$*&]*V%)#&%9.#'"


 

 
4$1"'"#)J#.#&51&L%*'"#&P*"#)%&D#.%&0$#J1)'")%&*&9*.#&51&(1'?D8*)%&$#)(#&4%&'(#/*&*&%9*D?
%(%5&4%$%L*<1&e?9*Q#X&#&?&"#5&D#V&D%Q(*5#&%L&'?'1L(*V&9%'#('0*V&B%"$%D#(*Q#

  
`L&0$#5#&^II&)10#&:?D&51&9*%&*/.%S1(&L%'"#&P1'"*D&4%"$1'*D#&*&0$*/#D#&M%L&@&(#4#%&51
"?&%9.#'"X&?&)1/*&'#&')%5%D&9%$9%D&4$%"*)&!$9*51X&V$)#"'0%L#.D#"*('0*&V1$<1C&R(L$*5#X
9$#"&0$#J#&fD1$*V#&*&D%SL#&)1Q&"#L#&4%"#5(*&'#)1/(*0&L?0J#('0%C&0$#J#&K?0#(#&[&')%D
4*'D?&4#4*&%L&,&D#5#&@&V)#.*&'1&R(L$*5*&4%'"*C(?"%D&4%91L%D&E
& &&† 
È&v

&  &  GX&0%5#&51X&*/C.1L#X&?0.%(*.#&0(1/#&=*$'.#)#&'&4%.*"*P01


4%/%$(*<1&3%'.1&81C%)1&'D$"*&*.*&4%C*9*51X&0%5#&'1&L%C%L*.#&(1CL1&?&%)%&)$1D1X&).#'"&(*51
4$*V)#"*.#&81C%)#&?L%)*<#&*&D#.%.1"(*&L1'1"%C%L*+8*&'*(&R(L$*5#X&(1C%X&0#0%&4$*P#5?
L%<(*5*&L?9$%)#P0*&V$%(*P#$*X&).#'"1.#&51&L%)1.#&(#&4$1'"%&0(1/#&31"$#&U&31"#$&51&9*%&*/
=*$%'.#)J1)1&4%$%L*<1X&*/C.1L#&'*(&*/&81C%)#&4$)%C&9$#0#
B(1/&31"#$&51&9*%&4%/(#"&0#%&9%$91(&"*4&H%D#X&#$V*>#0%(&'4.*"'0*X&%4*'?51&C#&0#%&D%Q(#&*
$#"%9%$(#&*&?/&"%&/#$#S1(#&51$1'*&B#"%.*P0#&<$0)#&'D#"$#.#&C#&51&L%*'"#&0#%&')%C
(14$*5#"1J#&!"%('0#&0#"%.*P0#&9*'0?4*5#&%'"#.#&51&?4$#S81(#&5%+&%L&)$1D1(#&$1#C%)#8#
0(1/#&=*$%'.#)#&'#&-?9$%)(*0%D&0#L&51&9*'0?4X&*&D*D%&0(1S1)1&(#$1L91X&V"1%&L#&%L$S#)#
)1/1&'#&')%5%D&L?9$%)#P0%D&D*"$%4%.*5%D&31"#$&51&4$*'"#5#%&L#&'1&?&!"%(?&(#(%)%&4%4?(*
?4$#S81(#&9*'0?4*5#X&#.*&51&"$#S*%&L#&D?&Y14?9.*0#&/#&"%&4.#"*&77A77&41$41$#&31"#$&51X
4%&4$*P#8*D#&L?9$%)#P0*V&4*'#<#X&L%+#%&?&'?0%9&'#&!"1)#(%D&T1D#8*Q1DX&(1&/(#D%&"#P(%
*/&0%5*V&$#/.%C#X&*&%)#5&51&0$1(?%&4$%"*)&81C#&3%91L*)+*&C#&?&D%'"#$'0%D&;*+Q?X&!"1)#(&51
$#/L1.*%&V?D'0?&%9.#'"&?&"$*&L1.#&`9.#'"&*'"%P(%&%L&T1$1")1&L%&d1"*(1&%'"#.#&51&31"$?
!"%('0%&4$*D%$51&*&3%4%)%&L%9*%&51&R(L$*5#X&#&%'"#.*&L1%&4$*4#%&51&!"1)#(%)?&'*(?
Y#L%'.#)?&H%&'1&')1&L%C%L*.%&4$1&&C%L&!"1)#(&3$)%)1(P#(*X&?&')%5%5&'$4'0%5&*
.#"*('0%5&"*"?.#"?$*X&)1Q&%L&j*P01&3%)1J1&(%'*&(#/*)&F)(¯P#(*&4$¯)*&0$#.¯&)¯'1
'$¯4'0*1&/1D.1X&-*¨0.*"*1&*&H$#)%?(*1&*&-#.¯D#<*1&*&\#V.¯D*1F
B#L#&51&&C%L*(1&!)1"*&!#)#&4%P1%&*/)%L*"*&%$C#(*/#<*5?&'#D%'"#.(1&'$4'01&<$0)1X&%(&51
D1>?&%'"#.*D&14*'0%4*5#D#&'")%$*%&*&(%)?&V?D'0?&E/#V?D'0?G&14*'0%4*5?&'#&'1L*+"1D&?
!"%(?&_%)10&)1.*0*V&L$S#)(*P0*V&)*L*0#X&!#)#&51&"?&')%5?&%$C#(*/#<*5?&*/)%L*%&4%&51L(%D
'*'"1D#"'0%D&4.#(?&[&L)1&14*'0%4*51X&CL1&51&0#"%.*P0*&1.1D1(#"&9*%&D%Q#(X&?&/1"'0%5&*
V?D'0%5X&!)&!#)#&51&%P1)*L(%&(#D1$(%&/#&'1L*+"1&14*'0%4#X&%L(%'(%&/#&<1("$#.?&#0<*51X
*/#9$#%&0$#581&41$*N1$*'01&"#P01&`(&/1"'0%D&14*'0%4?&(1&9*$#&D1'"%&(1CL1&?
?(?"$#+8%'"*&/1DJ1X&(1C%&?&=#(#'"*$?&R$V#(C1.#&=*V#*.#&(#&3$1).#<*X&?&;%0*&B%"%$'0%5i
#&V?D'0%D&14*'0%4?&%L$1>?51&D1'"%&?&!"%(?X&#&(1&(1CL1&?&'"#$%5&"$19*8'0%5&%9.#'"*&*.*&%0%
'$1L81C&"%0#&T1$1")1&!#)#&51&(%)*D&14*'0%4*5#D#&(#D1(*%&?.%C?X&L#&(#&"*D&0$#58*D
*/.%S1(*D&"#P0#D#&9?L?&')1"*%(*<*&4$#)%'.#)J#X&L#&(#&'#D%5&L$S#)(%5&C$#(*<*&9?L(%
9L*5?&(#L&*("1$1'*D#&'$4'01&L$S#)1&*&<$0)1X&*&L#&?&(14%'$1L(%5&9.*/*(*&#0"*)(1&0%"%$'01&*
L?9$%)#P01&<$0)1&4#$#.*+?&8*V%)&?"*<#5&H#&C1%C$#N'0#&4%L1.#&(%)*V&14*'0%4*5#&*/)%>1(#
51&'#&'.*P(*D&4.#(%D&*&(#&L$?C*D&'"$#(#D#i&#.*&51&(1'?D8*)%&(#5)1Q#&4#S8#&9*.#&%9$#Q1(#
4$1D#&5?C%/#4#L?X&51$&51&"#D%&'#&?'41V%D&L1.%)#.#&%0%&'"%&*&41L1'1"&C%L*(#&9#$'0#X&'4.*"'0#
*&L?9$%)#P0#&0#"%.*P0#&(#L9*'0?4*5#i&51$&51&!$9*5#X&?&"%&)$1D1X&/9%C&<#$*C$#L'0%C&b#"*('0%C
d#$'")#&*&4%$1D1Q#5#&'(#C#&0%51&51&%(%&*/#/)#.%&(#&;#.0#(?X&%'1Q#.#&4%'19(?&%4#'(%'"&%L
.#"*('0%C&?"*<#5#i&*X&(#5/#LX&51$&51&!#)#&.*P(%X&)#'4*"#(&?&!)1"%5&M%$*&*&?&L?V?&4$#)%'.#)J#X
?.%S*%&'#)&')%5&?C.1L&?&/1DJ*X&L#&!$9*5?&/#L$S*&?&"$#L*<*5*&4$#)%'.#)J#
[&%'"#.%DX&%'(*)#81D&14*'0%4*51&?&!"%(?&!#)#&51&4%5#P#%&*/)1'(1&#("*0#"%.*P01
"1(L1(<*51X&0%51&'?&)1Q&4%'"%5#.1&?&%)*D&0$#51)*D#&*&0%5*D#&51&L#%&*/$#/#&81C%)&'"$*<&0(1/
=*$%'.#)&K1Q&51&(#4$1L&4%D1(?"&'?0%9&*/D1>?&=*$%'.#)#&*&'4.*"'01&(#L9*'0?4*51X&/#&0%5?
'1&/#.#C#.#&4#4'0#&0?$*5#X&@7@&C%L&=*$%'.#)&(*51&V"1%&L#&4$*D*&(*&4#4*(#&.1C#"#i
(*51&L%/)%J#)#%&L#&'1&4%')1"1&*&4%4?(1&%(#&D1'"#X&CL1&'?&4$)%&9*.1&F  
&

Fi&*&(*51
P#0&V"1%&(*&L#&)$#"*&(101&(%)<1X&0%5*&'?&4$*4#L#.*&'4.*"'0%5&(#L9*'0?4*5*&K*L1.*&'D%X


 

 A
*'"%&"#0%X&0#0%&51&4$%"1$#%&*&14*'0%4#&*/&!"%(#
!1L*+"1&(%)1&14*'0%4*51&?&!"%(?&(#.#/*.%&'1&?&;%C%$%L*P*(%D&D#(#'"*$?&R&h14%4*.*
0#/?51X&00%&?&!"%(?&5%+&4%'"%5*&4$1L#81X&FL#&51&?/&<$0)?&(#/)#(?&FM%'4#&%L&b?S*(#F&?
'%.*.*D#&9*%&D#(#'"*$F&U/&#?"1("*P(1&#$V*)'01&C$#>1&%(&L#51&*&L%0#/1&/#&"%&[&51L(%5&)$'"*
L?9$%)#P0%C&0#"#'"$#&*/&C%L&AA&'"%5*&/#91.1S1(%&%)#0%&FI& && &
 && 

 &&q&„ &&&
& &&   &
&& &†F 

\#&D#"1$*#.(%&%91/91>181&14*'0%4*51&L#"&5%5&51&(#&?S*)#81&*&?&4%'1L&P*"#)&(*/&L%9#$#
`$*C*(#.(#&4%)1J#&0$#J#&!"1)#(#&3$)%)1(P#(%CX&0%5*&51&4%0.%(*%&*&4%")$L*%&L%"*P(1
4$*.%C1X&(*51&(#D&%P?)#(#i&(1C%&51&%P?)#(#&(#0(#L(#&4%)1J#&[$%+#&IX&*/L#"#&%0%&2AX&0#L#
'?&"$19#.*&L#&'1&(#(%)%&?$1L1&%L(%'*&D#(#'"*$#&-%9$#X&0%5#&'?&L#"#&V?D'0%5&14*'0%4*5*X
%L(%'(%&!"%('0%D&=#(#'"*$?X&91V?&L1.*D*P(%&?&?(?"$#+8%'"*X&?&4%L$?P5?&L#(#+81C
D%'"#$'0%C&*&'"%.#P0%C&'$1/#X&L1.*D*<1&?&3$*D%$5?&*&L1.*D*P(%&?&'#D%D&!"%(?&3%$1L&"*V
4%'1L#&?&\#V?DJ?X&D#(#'"*$?&*&14*'0%4*5*&L#"#&'?&*&(10#&L%9$#&?&'#D%5&Y#+0%5&3%&"*D
%9*.#"*D&4$*.%/*D#&)*L*&'1&5#'(%X&L#&51&9*.#&S1J#&*&!)&!#)1&*&0$#J#&!"1)#(#X&L#
14*'0%4*5#&9?L1&4%"4?(%&D#"1$*#.(%&%'*C?$#(#X&L#&9*&D%C.#&L#&'1&+"%&4$1L#(*51&4%')1"*
')%5%5&)#S(%5&)1$'0%5&D*'*5*
K#S(%'"X&0%5?&51&!#)#&L#)#%&(%)%5&14*'0%4*5*X&D%S1D%&%<1(*"*&*&4%&*/9%$?&.*<#X&0%51&51&0#%
4$)%C&4%'"#)*%&/#&V?D'0%C&14*'0%4#&H%&51&9*%&U.#$*%(X&U.#$*51X&51L#(&%L&81C%)*V&(#59%J*V
?P1(*0#&3%+"%&'1&!)&!#)#&9*%&$#/*+#%&'#&9$#"%D&!"1)#(%D&*&)$#"*%&'1&?&!)1"?&M%$?X&%0%
6&C%L*(1X&4$1'"#.1&'?&*&T1D#8*(1&D%+"*&L#&*/.*)#5?&F')1"%&D*$%F&3%.*"*P0*&C%)%$1(%X
(1/#L%)%J'")%&51&'#&!"1)#(%)%D&4%.*"*0%D&4%P1.%&L#&?/*D#&D#V#&`(&'&"%C#&D%.*&*&4%/*)#
!#)?&L#&'1&)$#"*&!)&!#)#&(*51&4%+#%&'#DX&(1C%&51&D1'"%&'191&4%'.#%&U.#$*5#X&F51L*(%C%
P$¯(¯<#&%"¯&%?P1(*0¯&')%*V¯F&Y#/.%C&!#)*(%C&(1/#L%)%J'")#&4%/(#"&51i&%(&(*51&D%C#%&L#
%L%9$*&(%)?&!"1)#(%)?&.#"*(%N*.'0?&4%.*"*0?&*&0$?(*'#81&$*D'0%DX&%L&4#41&4%'.#(%D
0$#J1)'0%D&0$?(%D&U.#$*51&51&*+#%&?&!$9*5?&L#&5%+&51L(%D&%95#'(*&!#)*(%&C.1L*+"1&*
L%(1'1&!#)*(1&4$1L.%C1&/#&4%4$#)0?&%L(%'#
Y1/?."#"&"*V&4$1C%)%$#&9*%&51&!#)*(&%L.#/#0&?&T*015?&*&L%9*5#81&'#D%'"#.(%'"*&'$4'01
<$0)1&=*'*5#X&0%5?&51&U.#$*51&*D#%X&(*51X&4$1D#&"%DX&9*.#&D#.#&`(&51&*/)$+*%&(#
/#L%)%J'")%&%91&'"$#(1
&!#')*D&51&4%5DJ*)%&%(L#X&L#&!#)#&"%C&*'"%C&U.#$*%(#X&*(#P1X
0#0%&51L#(&'"#$*&4*'#<&0#S1X&FP#'(#&*&4$14%L%9(#&'"#$<#FX &0#%&P%)10#&0%5*&4%/(#51&*
$#/?D1&81C%)&'"#)&4$1D#&b#"*(*D#X&+#J1&?&51L#(&0$#5&*&(#&51L(%&D1'"%X&CL1&Q1&*D#"*&L#&'1
#N*$D*$#&9#+&4$1D#&/#4#L(%5&<$0)*&*&81(*D&4$1"'"#)(*<*D#&H#5&U.#$*%(&4%D*81&'1&4$*
51L(%D&'"#(0?&?&!"%(?&5%+&A&C%L*(1 
3%"*'(?"&'&.1)1&%9#.1&T1$1")1X&0(1/&31"#$&'1&'&)*+1&'(#C1&?0%$1(*%&?&'"#$%5&(1$1"J#('0%5
%9.#'"*&H%&'1&(#59%J1&)*L*&4%&?.%/*X&0%5?&51&*D#%&?&!4.*"?&*&:$)#"'0%5&[&9%$9#D#X&0%51&'?
!4.*Q#(*&)%L*.*&'#&V$)#"'0*D&9$*9*$'0*D&0(1/%)*D#&e?9*Q*D#X&4%C*(?%&51&8*V%)&C$#L'0*
'"#$1+*(#X&/)#(&
X&*&%(*X&"$19#5?Q*&5#0?&$?0?X&*/#9$#+1&(#&"%&D1'"%&C.#)%D&31"$#
EAG&3$%"*)&81C#&?'"#L1&')1+"1('")%X&#&/#&8&91V?&C$#>#(*&B#L&')1+"1('")%&(1&V"1L1
4$1L#"*&0J?P1)1&'#9%$(1&<$0)1X&CL1&51&(%)*&0(1/&*D#%&L%9*"*&N%$D#.(?&'#(0<*5?X&!4.*Q#(*
*V&%"1+1&%L&P?)#$#&*&(#&'*.?&?)1L%+1&0(1/#&?&V$#D&Y#L*&"%C#&4#4*(&.1C#"&R0%(<*51&*/$1P1
(#&C$#L&4$%0.1"'")%X&0%51&51&"$#5#.%&C%"%)%&C%L*(?&L#(#&31"#$&51&'&?'41V%D&+"*"*%&*("1$1'1
C$#L#&K%L*%&51&*&'#D&9%$91&4$%"*)&e?9*Q#X&0%51&'?&9*.1&%+"$1&'&%91&'"$#(1&B#L&'?
H%J1(&*&K?P1"#&;?"0%)*Q*&?/1.*&'4.*"'0*&`'"$%CX&4%/*)#5?Q*&'1&(#&(10%&4$#)%
'?(#'.1L(*+")#X&C$#>#(*&'1&*&%41"&%9$#"*+1&31"$?&/#&4%D%QX&*&%)#5&'"*S1&'#&5#0%D&P1"%D
0%8#(*0#X&"1&'4$1D*&(#4#L#5&'#&D%$#&*&0%4(#&3%'.1&%P#5(1&%L9$#(1&`'"$%C&51&?/1"&(#&5?$*+X
%(L#&$#/$?+1(&/#51L(%&'#&<$0)%D&*&C$%9(*<%DX&FL#&(1&9*&(*0#L&)*+1&/#"$#S*.*&(*0#0)%
4$#)%&(#&"#5&C$#LF&3%'.1&"%C#&31"#$&'1&)$#"*%&?&:?D&H%D#&R$V*>#0%(&(#)%L*X&L#&51&%'"#%
C$#L'0*&'"#$1+*(#&')1&L%&'D$"*X&0%5#&C#&51&/#L1'*.#&%0%&4%P1"0#&6X&51$&51&4$1& &#4$*.#
"1&C%L*(1&*/#9$#(&D1'"%&81C#&M$C?$&e?9*QX&9$*9*$'0*&0(1/&=1>?"*DX&4%&51L(%D&#0"?
V1$<1C#&B%.%D#(#&%L&&#)C?'"#&,X&*/L#(%D&?&!4.*"?X&*/.#/*.%&9*X&0#%&L#&31"#$&"?&(*51


 

 
)*+1&*D#%&$#(*51&).#'"*&F1V&

&‚ 
&
 & 
&l F
31"$#&51&(#'.1L*%&'*(%)#<&H%J1(&[&'"#$%5&$#'4$*&'#&e?9*Q*D#X&0%5*&L%>%+1&4%(%)%&(#
P1.%&'4.*"'01&?4$#)1X&%(X&*/#/)#(X&(4#L1&!4.*Q#(1&*&H$%C*$#(1&'#&P1"%D&0%8#(*0#&*
/#4.1(*&*D&*&%L)1L1&C%"%)%&@7777&%)#<#X&L%&0%5*V&)*+1&(*0#L&(1&D%C%+1&L%Q*&`(*&%41"X&'
D%$'01&'"$#(1X&P1+Q1&(#4#L#V?&81C%)1&%9.#'"*&*&D(%C%&'?&D?&+"1"1&(#(%'*.*X&(#&+"%&%(X
(#$#)(%X&(*51&%'"#5#%&L?S#(&]1C%)?&'D$"X&A&C%LX&%'1"*.*&'?&0#%&(10%&P?L1'(%&%.#0+#81X
F51$&'1&%(&(*0#L&(1&D%C#L1&'D*$*"*&'#&!4.*Q#(*D#F&[D$%&51&'*C?$(%&*.*&?&9%$9*&*.*&?
'.%D?X&0%5*&51&/#L1'*%&81C%)?&/1DJ?&%L&=#>#$#&?&)1.*0%D&0$'"#+0%D&$#"?&4$%"*)&51$1"*0#X
0#L&51&B%.%D#(&4$%L$%&?&81C%)?&%9.#'"
[&*'"%P(%D&L1.?&\#V?DJ#&5#)J#&'1&0#%&'$4'0*&)#/#.&)1.*0*&0(1/&R(L$*5#&E&0(/¯&)1.*GX&/#
0%C#&4%'"%5*&4$1L#81&L#&'1&L*C#%&4%D%Q?&0$#J#&!"1)#(#X&#&4$%"*)&).#'"1.1&?&:?D?&*&0(1/#
31"$#&B#%&B?.*(&*&T*(%'.#)X&*&%(&'1&/#0.1%&-?9$%)P#(*D#&*&0(1/?&j#(?&-#(L%.?&(#
)1$(%'"&*&D*$&F0#0%&'?&*&D%*&'"#$&*D#.*&'&)#+*D*&'"#$*+*D*&?&'"#$|&/#0%(¯F&*
/#C#$#("%)#%&*D&')#0?&91/91L(%'"&?&')%5%5&%9.#'"* &\#0.1")#&51&"#&4%(%)J1(#&*&L%<(*51D
0(1/?&O#0%)?&-1.N*(?&?&4$*'?'")?&0(1S1)*V&'*(%)#X&S?4#(#&;%CL#(#&*&Y#L%'.#)#X&*&D(%C*V
L$?C*V&:?DJ#(#&-%L#(#&51&'#D%&51L(#&(%)#&"#P0#X&L#&81C%)*&J?L*&(1&4%>?&(#&-?9$%)(*0&'#
0%5*D&%L&81C%)*V&(14$*5#"1J#
&H%&51&')1&+"%&'?&%(*&D%C.*&L%9*"*&%L&81C#X&0#%&4$*5#"1J#
*&)#/#.#&'$4'0%C#&0$#J#i&L%0&'?&'#&L$?C*D#&?&"%&L%9#&'0.#4#.*&4$#)1&'#)1/1&4$%"*)&Y#+#(#&*
"$#S*.*&$#L*&"%C#&)1/#&P#0&*&'#&;?C#$*D#&3$%+*$*)+*&')%5?&%9.#'"&4%'.1&'D$"*&H%J1(%)1X
R(L$*5#&(#'"%5*&L#&'1&'D*$*&'#&')%5*D&'?'1L*D#&*&/9%C&"%C#&*L1&L)#&4?"#&?&!4.*"&*&'0.#4#
"#D%&D*$X&6&'14"1D9$#& &!)1&+"%&51&9*.%&*/D1>?&8*V&*D#.%&'1&/#9%$#)*"*X&#&%"#L#&Q1
'.%9%L(%&*&51L(*&*&L$?C*&D%Q*&L#&'1&0$1Q?&0#%&4$*5#"1J*&4%&%91D#&/1DJ#D#&R(L$*5#&(*51
D%C#%X&(1&/(#&'1&"#P(%&*/&0%C#&$#/.%C#X&/#4%'1'"*&%LD#V&H%J1(%)?&%9.#'"&:?D#i&'&"%C#&51
?C%)%$&4$1L)*>#%&L#&51&L%9*51X&4%&')%5&4$*.*<*&0#%&.1(%&D#>#$'0%C&0$#J#X&L%&!)&-?5D#
(#$1L(1&C%L*(1&[&"%5&%9.#'"*X&L#(#'&%P#5(%&C%.%5X&?C%)%$&51&(#$%P*"%&%91/91>*)#%&/#
!4.*Q#(1&'.%9%L(?&'1P?&+?D1&\#&C#S181&%)*V&%L$1L#9#&*D#.#&9*&0$*)#&'"$#(#&4.#"*"*
L$?C%5&777&$%D#(#"# &B(1/&R(L$*5#&51X&L%*'"#X&*&%'"#%&)1$#(&?C%)%$?X&*&/#&)$1D1&$#"#
*/D1>?&!4.*"#&*&H$%C*$#&%(&51&0#%&'#)1/(*0&'4.*"'0*X&'#&9#(%D&T*(%'.#)%DX&4%D#C#%
!4.*Q#(1&*&9*%&$#L*&"%C#&0#%&F(1)1$#(&ED#>#$'0%DG&0$#J?F&*'0J?P1(&*/&?C%)%$#&%&D*$?&
5?.#&  &\#&R(L$*5?X&0%.*0%&'1&/(#X&(*51&"%&9*.%&(*&%L&0#0)*V&/(#P#5(*5*V&4%'.1L*<#
R(L$*5#&51X&*'"%&"#0%X&%L$S#)#%&L%9$1&)1/1&*&'#&-?9$%)(*0%D&H#D%&51&P#0&?L#%&*&51L(?&')%5?
0Q1$X&K?0%'#)?X&/#&).#'"1.*(#&;#$9#&B$?'*Q#&*&4%0.%(*%&5%5&"%D&4$*.*0%D&?&\#"%(?&/1DJ?
/)#(?&`9$%)%&-%<(*5*&L?9$%)#P0*&4*'<*&/(#5?X&L#&51&%(&*D#%&4$1'"%(*<?&?&!"%(?&*&L#&51
"?&*&?D$%&%0%&27&C%L&*&9*%&'#V$#81(&?&<$0)*&;%C%$%L*P*(%5X 0#"1L$#.*&'"%('0%C
4$#)%'.#)(%C&14*'0%4#
R(L$*5*(*&(#'.1L(*<*X&'*(%)*&;%CL#(&*&Y#L%'.#)X&(1&(%'1&)*+1&0(1S1)'0*&(1C%&'#D%
S?4#('0*&(#/*)&`(*&'?X&*/C.1L#X&4%L1.*.*&%9.#'"&*&).#'"&-?9$%)#P0*&4*'<*&C%)%$1X&L#&51
;%CL#(&4$1(1%&'1L*+"1&*/&!"%(#&?&?(?"$#+8%'"X&*&"%&*/#&'"$#V%)*"%C&4%"$1'#&2&C%LX&%L
0%C#&51&D(%C%&(#'"$#L#.%&9.*S1&4$*D%$51&\#&;%CL#(#&/(#D%X&L#&51&L$S#%&3%4%)%&*&L#&'?
81C%)*&(#'.1L(*<*&C%'4%L#$*.*&*&S*)1.*&"?&L%&"$*L1'1"*V&C%L*(#&^Ia&)10#&j?4#(
Y#L%'.#)&51&L%9*%&/#4#L(1&%9.#'"*X&%9?V)#"#5?Q*&*&UD%"'0*&B#0%&51&9*%&4$)*&(#&?L#$<?
=#>#$*D#&%(&'1X&*/C.1L#X&9$/%&%4$1L1.*%&/#&8*VX&L#&(1&9*&4%'"$#L#%i&(#$%P*"%&0#L&51&)*L1%
*/&9.*/#&'?L9*(?&;%'(1&*/#&T*(%'.#)#&`(&'#D&0#S1&/#&'191&L#&51&)$¯(¯&0.1"¯)1(*0¯
C%'4%L*(?&0$#.?&?C¯$¯'0%D?&=%S1&9*"*&L#&'1&?4.#+*%&/#&'191&*&/9%C&"%C#X&+"%&51&2A 
C%L&)*L1%&'")%$1(&L%'"#&%4#'#(&'#)1/&'?'1L#&4$%"*)&!$9*51&*&+"%&'?&C#&-?9$%)P#(*X
4$%"*)(*<*&0$#J#&[$%+#X&4$*)?0.*&(#&')%5?&'"$#(?&`(&51&'&8*D#X&&D#5#&2 X&%9(%)*%
'"#$1&?C%)%$1&')%C#&%<#&%&)1P(%D&D*$?&*&?/#5#D(%5&4$1L?'$1"J*)%'"*&-?9$%)#P0*&51&C$#LX&4%
"%D&?C%)%$?X&9*%&%")%$1(&81D?&*&81C%)*D&J?L*D#X&0%5*&"?&D%C?&'.%9%L(%&"$C%)#"*X&#.*X&/9%C
$#"#&'&0$#J1D&[$%+1DX&(*'?&L%/)%J#)#.*X&L#&D#&+"#&%L&"1&0?481&*/(%'1&?&/1DJ1&')%5*V
(14$*5#"1J#&Y#L%'.#)&'1&P#0&*&4$*L$?S*%&9?C#$'0%L?9$%)#P0%D&'#)1/?&4$%"*)&0$#J#
[$%+#&3$*'"#%&51&(#&%9#)1/?&L#&*&/#$#"*&(#&8X&L#&'4#'#)#&L?9$%)#P01&J?L1&*&(#&0%4(?&*&(#


 

 2
D%$?X&*&L#&*V&%9#)1+"#)#&%&')1D?&+"%&9*&P?%&L#&'1&'4$1D#&0#%&/.%&(#&-?9$%)(*0&*&81C%)1
"$C%)<1&`9#)1/#%&'1&?/&"%&*/$1P(%X&L#&(*&%(&(*&81C%)*&J?L*&(1Q1&4%Q*&4$%"*)&-?9$%)(*0#
F'¯&)#+*D*&)$#C*&?&(*0%à$à&)$D1F&[&"%D&$#"?&-?9$%)P#(*&(*'?&L%9$%&4$%+.*&*&D%$#.*
'?&?'0%$%&'0.%4*"*&D*$&*&4.#"*"*&)1.*0?&$#"(?&%+"1"?&T1&/(#D%&+"#&51&9*.%&4%'.1&"%C#&'#
Y#L%'.#)%D&*&L#&.*&'1&0$#J&[$%+&%9$#P?(#%&*&'&8*DX&#.*&51&0#$#0"1$*'"*P(%X&L#&(1D#&)*+1
'4%D1(#&(*&%&81D?&(*&%&81C%)*D&(#'.1L(*<*D#&=1>?"*D&'1& &N19$?#$#&, &'4%D*81X&L#
51&9*%&F*D1(%)#(&V?D'0*&S?4#(&!"1)#(FX&*&"%&(1&'#&'$4'01&'"$#(1&;*Q1&L#&51&"%&?P*81(%&?
%(%D&L1.?&:?D#X&0%5*&(*51&?&"%&)$1D1&4$*4#L#%&!$9*5*
!$4'0*&).#L#$*&%L&!"1)#(#&3$)%)1(P#(%C&*D#5?&?&')%5%5&+*$%5&"*"?.*&*&:?D&*.*&\#V?DJ1
F)(¯P#(*&4$¯)*&0$#.¯&)¯'1&'$¯4'0*1&/1D.1X&-*¨0.*"*1&*&H$#)%?(*à&*&-#.¯D#<*à&*
\#V.¯D*àFX&*.*&D1'"%&"%C#&:.¯D¯'01&\1D.*1F&[&4%)1J*&0$#J#&Y#L%'.#)#&-?9$%)P#(*D#&*/
A &C%L&"*"?.#&51&F0$#.¯&)'V¯&$#+¯0*V¯&/1D.¯&*&"$à)%?(**'0**V¯FX&#.*&'1&?&"10'"?&L#J1
)1.*X&L#&-?9$%)P#(*&D%C?&'.%9%L(%&*Q*&F4%&)'*&/1D.*&%9.#'"*&0$#.1)¯'")#&D*&')%9%L(%&*
4%&:.¯D¯'<&\1D.*&*&4%&\1"F &`)1&'?&L)1&/1DJ1&4%'19(%&(#C.#+1(1&D*D%&%'"#.1&$#L*
"%C#X&+"%&'?&9*.1&?&)#/#.'0%D&%L(%+#5?&4$1D#&/1DJ#D#&P*'"%&0$#J1)*D&B$#J&K.#L*'.#)
*D#&*("*"?.#<*5?&0#%&*&%"#<&D?X&*&"%&?&L)1&4%)1J1
&H#0%&'1&4%"4*'?51&51L(%D&4$*.*0%D&*
0$#J&[$%+&0#%&F'#D%L$¯S¯<¯&)í'1&'$¯4¯'0|1&/1D.1&*&4%D%$¯'0|*1&*&V.¯D'0*1F&B$#J&[$%+
'1&*&*(#P1&'D#"$#%&4$#)*D&C%'4%L#$1D&:?D#&`(&<$0)*&!)&;%C%$%L*<1&?&!"%(?&L#51&(10#
'1.#&*&/#'1%01&*&?&V?D'0%5&0#%&*&?&')%5%5&%9.#'"*&*&(#C.#+#)#X&L#&<$0)#&9?L1&'.%9%L(#&F%"¯
)'V¯&).#L%?+"*V¯&*&%"¯&)'V¯&V%"1+"*V¯&(#'*.¯'")%)#"*&P"%&.Û9%F&T#&)#/#.#&'1X&4%&')%5
4$*.*<*X&%L(%'*&%)%&D1'"%&F(#&C%'4%L'")%?Û+"#C%&4$.%S*V%D¯&).#'"¯&*&)'#0%
*'4$#).1(*1&*1S1&%&)¯(%?"$¯(*V¯&*&)¯(+(*V¯&4$#)¯L#V¯F

[&%)%&)$1D1&')#0#0%&51&*&4$#)%'.#)(#&14*'0%4*5#&?&!"%(?&*D#.#&L#&4$1"?$*&"1+01&L#(1&`L
2&C%L&4#&'#&4$10*L*D#&L%&2 &"$#5#.%&51&$#"(%&'"#81&*/D1>?&!$9*51&*&-?9$%)#P01
Y14?9.*01&!)1&'1&)1'"*&'.#S?&?&"%DX&L#&51&%0%&2&!"%(&)$.%&D(%C%&4$14#"*%i&"%D&51
4$*.*0%DX&(#C.#+#)#&'1&*/$*P*"%X&'"$#L#%&*&;%C%$%L*P*(&=#(#'"*$&F!#D#&'1&<$0)#
D#(#'"*$#&(#4%.#&'$?+*.#F&!1D&"1&$#"(1&(1)%J1&*&(1)%J1&%L&/1DJ%"$1'#&L%+.#&51&5%+
51L(#&:?D'0*&).#L#$&4$*L$?S*%&'1&(14$*5#"1J*D#&0$#J#&[$%+#&*/&'"$#V#&/#&')%5&4%.%S#5X&*
4%&')%5&.%C*<*&'")#$*&L%+#%&51&'?0%9&*&'#&4$#)%'.#)(*D&'"%('0*D&14*'0%4%DX&0%5*&51&%'"#%
)1$#(&$#+0%D&)$V%)(%D&C%'4%L#$?&B%&51&9*%&"#5&14*'0%4&(1&D%S1D%&L#(#'&$1Q*&!*C?$(%&51
'#D%&"%X&L#&51&(#4?'"*%&!"%(&*&4$1+#%&?&Y#+0?
[&Y#+0%5&'1&V?D'0*&14*'0%4&/#&*/)1'(%&)$1D1&'D1'"*%&?&D#(#'"*$?&!)&31"$#&(#&b*D?X&0%5*
51&4%L*C#%&0(1/&=*$%'.#)&B$#J&[$%+&51&4%")$L*%&51L(%D&4%)1J%D&L%9$#X&0%5#&'?&$#(*51
9*.#&L#(#&!"%('0%D&=#(#'"*$?X&%L(%'(%&V?D'0%5&14*'0%4*5*X&L#&'1&/(#&+"#&51&9*.%&81(%i&#
L$?C%DX&0#'(*5%D&4%)1J%DX&0%5?&51&L#%X&?&'4%$#/?D?&'#&#$V*14*'0%4%D&R$'1(*51D&*&9$#"%D
!#)%D&IIX&31"$%)%D&=#(#'"*$?X&%(&51&51L#(&)1Q*&L1%&"*V&L%9#$#&14*'0%4*51&4$*L#%&%)%D
L$?C%D&D#(#'"*$?&0#%&D1'"?X&CL1&'1&(#.#/*&14*'0%4&U&?&"%5&L$?C%5&4%)1J*&'"%('0#
;%C%$%L*P*(#&d$0)#&(*51&/#9%$#)J1(#&]%5&51&L#"&P*"#)&(*/&'"#$*V&4%'1L#&?&!"%(?&*
3$*D%$5?&*&L)#&)*(%C$#L#&UD#D%&4%?/L#(*V&)1'"*X&'&0$#5#&^III&)10#X&L#&'?&?&!"%(?&5%+
4%'"%5#.#&.*<#X&0%5#&'?&4$*4#L#.#&'"%('0%D&14*'0%4?&*&L#&51&?%4+"1&4%5#D&F'"%('0%C
14*'0%4#F&9*%&(14%'$1L#(&?&(#$%L? 
3$1L&0$#5&S*)%"#&?&:?D?&51&(#+#%&')%51&?"%P*+"1&/9#P1(*&0$#J&[$%+&3%'.1&4%$#/#&(#
C#"#P0%D&4%J?X&6,&C%LX&%(&'1&'0.%(*%&(1CL1&?&:?DX&(1&/(#D%&9.*S1&CL1X&*&"?&51&?D$%
B$#51D&6@&C%L&?&:?D?&(*51&?%4+"1&9*.%&4$#)%C&C%'4%L#$#&[&51L(%5&L?9$%)#P0%5&4#$(*<*
*/$1P(%&'1&(#)%L*X&0#0%&51&V?D'0*&0#/(#<&*/5#)*%&L#&%(&(1&D%S1&L%(1"*&(*0#0)1&%L.?01&FÈ 
 &
&
& F &3%'.1&"%C#&(#.#/*D%&?&H$19*8?&P1+Q1&4?"#&J?L1&*&P*(%)(*01
F0$#J#F&*&F0$#J*<1F&3$*&C$#>18?&(%)1&31"$%)1&<$0)1&?&_*P1)?X&7,&C%LX&$#/9*51(#&51
51L(#&'"#$#&4.%P#X&(#&0%5%5&'1X&4%&4$*P#8?X&(#.#/*%&4%D1(&(101&0$#J*<1&B#"#.*(1&H%&9*&9*.#
S1(#&0$#J#&-$#C?"*(#X&0%5*&51X&L%*'"#X&L$S#%&"$19*8'0*&0$#5&')1&L%&51'1(*&@ &C%LX&0#L#&C#
51X&4%'.1&L%9*5#8#&!$1D#&'#&'1)1$%*'"%P(%D&;%'(%DX&?'"?4*%&D#5<*X&0$#J*<*&O1.1(* 


 

 ,
[&?(?"$#+8%'"*&:?D#&(*'?&9*.1&'#')*D&$1"01&%')1"1X&4J#P01&L?9$%)#P0*V&0#$#)#(#X
%"*D#P*(1&*&0$#>1&;*.%&51&5%+&4%L%'"#&'*$%)*V&"*4%)#&-?9$%)#P01&#$V*)'01&08*C1&'#L$S1
4$*.*P#(&9$%5&"?S9*&*&4#$(*<#X&0%51&(#D&L#5?&L%'"#&4%L#"#0#&%&.%0#.(*D&).#'"*D#X&%
8*V%)*D&'?L%)*D#&*&%&D1>?'%9(*D&%L(%'*D#&[&%"*D#P*(#D#&'?&4%(10#L&?P1'")%)#.#&*
)1.*0#&V?D'0#&C%'4%L#&!*(&0(1/#&R(L$*51X&c%$>1X&%"1%&51&?&T1$1")*&(10*D&-?9$%)P#(*D#
)*(#&/#&L1)1"&C$%+#X&#&S?4#(&H)$"0%X&4%"%D#0&R(L$*5*(X&%"1%&51&@&C%L&(10?&'"%0?&?
\#"%(? &]1C%)*&J?L*&9*.*&'?&#C$1'*)(*&*&+"1"*.*&'?&-?9$%)P#(1&)*+1&4?"#&T10*D
L?9$%)#P0*D&"$C%)<*D#&?C$#9J1(#&51&9*.#&,&C%L&$%9#&?&)$1L(%'"*&L%&27&41$41$#
`"*D#P*&'?&51&%L(1.*&?&H$19*81X&?&L)%$&0$#J*<1&O1.1(1X&*&"#D%&51&L%*'"#&*&(#>1(#&*&)$#Q1(#
[P*(*.*&'?&"%&J?L*&0$#J*P*(1&4%'.?C1X&#.*&91/&81(%C&/(#8#
[4#L#&?&%P*X&0$#51D&^III&)10#X&4$*.*P(%&)1.*0&*/)%/&$%9J#&*/&;%'(1&*&:?D#X&0%51&'1
4$%L#)#.%&(1&0#%&/#$%9J1(*<*X&(1C%&4%(#5)*+1&%L&(1)%J1&K$.%&'?&P1'"*&'.?P#51)*&L#&D.#L?
D?+0?&*&S1('0?&P1J#L&4$%L#5?&8*V%)*&$%L*"1J*X&*&"%&(1&'#D%&?&-?9$%)(*0&*&'?'1L'")%X
(1C%&P#0&*&4$10%&D%$#X&?&'#')*D&"?>&')1"&T#&L?9$%)#P0%D&"$C?&"$C%)<*&*/&U"#.*51&0?4%)#.*
'?&D.#L1S&*/&;%'(1&*&:?D#&?&4#$"*5#D#&4%&)*+1&.*<#&*&%L)%L*.*&*V&?&')%51&0$#51)1&*&(#
L$?C1&'"$#(1&U&*/&(#+*V&0$#51)#&0#%&L#&51&9*.%&4$%L#)#<#&'410?.#(#"#&H#0%&51&@7&C%L
"14P*5#&V?D'01&0(1C*81&4$%L#%&')%5?&'.?+0*8?&*&5%+&51L(?&L1)%50?&*/&;%'(1&51L(%D
"#.*5#('0%D&"$C%)<?&*&51L(%D&-?9$%)P#(*(? &;*.%&51&'.?P#51)#X&*&"%&4%)*+1X&L#&'?
:?DJ#(*&4$%L#)#.*&L1)%501&(1&'#D%&*/&:?D#&*&%0%.*(1X&(1C%&*&*/&;%'(1&EP#0&'&K$9#'#&*
!#(1GX&4#&*&*/&!$1D#X&*&*/&:$)#"'01&U&"?&51&9*.%&*.*&4$%'"*V&%"*D#P#&*.*&)#$#.*<#&*
'410?.#(#"#&\#(*DJ*)%&51&L#&51&(#5)*+1&"#0)*V&.*<#&4%"*<#.%&*/&Y?L*(#&T#5'"#$*5*&4%D1(
4$%L#51&$%9J#&'&(#+*V&'"$#(#X&/#91.1S1(&&D#$"#&6@X&%L(%'*&'1&(#&51L(?&L1)%50?&*/
['%$1 
-?9$%)(*0&'1&%L#)(%&%9(#)J#%&J?L*D#&*/&')%C&'.%)1('0%C&'?'1L'")#&B%(#)J1X&H$19*81&*
:?D&)1Q&'?&L%'"#&$#(%&'.#.*&')%51&J?L1X&*&D?+01&*&S1('01X&?&C$#L&!)&K.#V#X&L#&"#D%
4%'.?S?5?X&?P1&/#(#"1&*&)$+1&$#/(1X&)1Q*(%D&(*S1X&4%'.%)1&H#&'?&.*<#&%9*P(%&%'"#5#.#&?
C$#L?&*&L#)#.#&D?&')1&)*+1&'.%)1('0*&0#$#0"1$&T10#&%L&8*V&L%+.#&'?&*&L%&*/)1'(*V&D#.*V
0#4*"#.#X&4#&'?X&$#/)*5#5?Q*&')%51&4%'.%)1X&L%)%L*.#&?&-?9$%)(*0&')%51&'$%L(*01&*&4%/(#(*01
*&%')#5#.#&4%'"141(%&L?9$%)#P0?&P#$+*5?&=(%C*&%L&8*V&?"*<#.*&'?&%L#".1&(#&0?."?$?
')%5*V&L%D%)#&*&'1.#&H%&'1&(#$%P*"%&%'1Q#.%&?&H$19*8?X&0%51&51&)$1D1(%D&L%9*5#.%&*/C.1L&*
D#(*$1&4$*D%$'0*V&C$#L%)#&UD#&'.?P#51)#X&L#&'?&(#&?P181&/#(#"#&E0$%5#P0%CG&?&-?9$%)(*0
)1Q&0$#51D&^III&)10#&L%.#/*.#&.*<#&*&*/&;%'(1&*&['%$1
-?9$%)#P01&V$%(*01&*&4$1L#8#&C%)%$1X&L#&51&L%9#$&L1%&8*V%)*V&'"#$*V&).#'"1%'0*V
4%$%L*<#&L%+#%&?&-?9$%)(*0&*/&\#V?DJ#&*&H$19*8#&B#%&"#0)*&(#)%L1&'1&*/&\#V?DJ#
;%J1'.#)*Q*&*&Y*9*<1i&K.#L*D*$%)*Q*&EK%.<*X&!1$/**X&K%.0#'*&G&'?&*/&e?D1"#&*&C%$81
j?41X&#&*/&*'"1&%9.#'"*&'?&0?Q1&M$L?+#X&M.1>*Q#X&M$#L*Q#X&!#$#0#i&*/&:?D#&*&\#V?DJ#&'?&*
=#"1+1X&3#.D%"*Q*&*&\#D#81&:$%(*01&'4%D*8?&?&-?9$%)(*0?&*&(#'1J#&K.#V#&0#"?(#$#X
D1>?&0%5*D#&'1&(#.#/*.%&*&)$.%&9%C#"*V&J?L*&]*D#&'1X&)1.*&'1X&?'"?4*.%&$#L*&*'4#+1&9$L%
!)&!$>#&`L&"*V&K.#V#&*/)%L*.1&'?&'1&4%$%L*<1&3*0?$#$1)*Q#&Er  X&?&)1/*&'&$1P5?&$1

&'"#L%GX&M?P1"*Q#X&;%9#J1)*Q#&E;%9#(#X&'"%P#$#G&*&M#.*(#&\#&4%$%L*<1&\1<?(#&*&\1.#(#
C%)%$*.%&'1X&L#&'?&4%$10.%D&'#&T1$1")1 
K1$%)#"(%&/9%C&(10*V&.%0#.(*V&'?0%9#&L%+.%&91+1&?&51'1(&@2&C%L&L%&)$.%&/#41"*V
%L(%+#5#&*/D1>?&0$#J*<1&O1.1(1&*&-?9$%)#P01&Y14?9.*01&B$#J*P*(#&)%5'0#&91+1&*/#+.#&?
(14%'$1L(?&9.*/*(?&C$#L#X&*/(#L&81C%)*V&)*(%C$#L#X&*&(#(1.#&51&(1+"%&+"1"1&L?9$%)#P0*D
4%L#(*<*D#X &#.*&'1&'")#$&*4#0&/#)$+*.#&91/&"1S*V&0$*/#&H%&51&9*%&?%9*P#51(*&D1"%L
')*V&4$%"*)(*0#&4$*D%$'0*V&C$#L%)#&B#L&(*'?&D%C.*&L#&5?$*+#5?&(#&8*V%)1&")$L1&/*L*(1X
%(L#&'?&$1L%)(%&"#D#(*.*&8*V%)1&)*(%C$#L1&*&4%'1L1&*'4$1L&C$#L#&\#&)$1D1&$#"#&*/D1>?
0$#J#&=*.?"*(#&*&-?9$%)(*0#&A7&C%L&L%C#>#.1&'?&'1&*'"1&'")#$*&-?9$%)P#(*&'?&(#&"%
%LC%)#$#.*&%9?'"#)%D&')#01&"$C%)*(1&H#0%&'?&6&D#5#&A7&9*.*&%4%/)#(*&4%'19(*D
4*'D*D#&P#0&*&"$C%)<*&*/&:?D#&*&T1$1")1 


 

 6
-%0&51&0$#J*<#&O1.1(#&*D#.#&4%L&')%5%D&).#+Q?&H$19*81&*&81C%)%&4%L$?P51&0$#J&=*.?"*(
51&?/1%&<1.%&\#V?DJ1&T*51&)*+1&?&81D?&"$41%&)$V%)(?&).#'"&'"#$*V&.%0#.(*V&C%'4%L#$#X
')%5*V&L#J(*V&$%>#0#X&(1C%&51&0#%&(#D1'(*0#&4%'"#)*%&')%C&(#5'"#$*51C&'*(#&B%('"#("*(#&[
L?9$%)#P0*D&08*C#D#&B%('"#("*(&'1&4%D*81X&?&)$+18?&')%5*V&L?S(%'"*X&?&T1)1'*8?X
!"%(?&*&(#&;$%"8?X&L#0.1&(#&<1.%D&4%L$?P5?&'"#$1&/#V?D'01&%9.#'"*&:.#4&-$?C%)*Q&*/
T1)1'*8#&"?S*%&'1&7&'14"1D9$#&A72X&L#&51&B%('"#("*(X&4%&(#C%)%$?&T#.1&L1&!%$1("%X
%")%$*%&"$C&'%.*&?&T1)1'*8?X&0%C#&"?&(*51&(*0#L&9*.%&*&0%5*&51&9*%&?41$1(&4$%"*)
L?9$%)#P01&'%.*&[&C%L&A7,&L#%&51&B%('"#("*(&%L?/1"*&%L&3#'01&L1&=?"*C#"*&)*(#&*&$%91&?
)$1L(%'"*&%L&A27&41$41$#X&*&"%&F&
 &q F&B%L&<$0)1&!)&c%$>#&(#&;$%"8?X&4$1L
0(1/%D&B%('"#("*(%DX&"?S*%&'1&T*Q*N%$&Y#8*(#&(#&3%/(#(#&3?$Q*Q#&*&81C%)1&J?L1&*/
T1)1'*8#X&0%5*&'?&C#&%4J#P0#.*&*&(*'?&D?&)$#"*.*&')1&+"%&'?&%L(1.*

\#4#L(#&C$#(*<#&'$4'01&L$S#)1&L%4*$#.#&51X&(#&4%P1"0?&^Ia&)10#X&L%&K$?J1&0%L&=#0#$'01
H?&51&0$#J&=*.?"*(&A7A &C%LX&?&)$1D1&0#L&D?&51&'*(&C%'4%L#$*%&\#V?DJ1DX&*D#%&'#'"#(01
'#&3#).%D&e?9*Q1D &3#).1&51&"1S*%&L#&4%$1L&;%'(1&L%9*51&*&:?Di&=*.?"*(%)&'#'"#(#0&'
8*D&*D#%&51&)1$%)#"(%&<*JX&L#&(#>?&'4%$#/?D&3#).1&'1X&L%*'"#X&4%'.1&"%C#&%C$#(*P*%
4$)1('")1(%&(#&#0<*5?&?&;%'(*i&#.*&'1&81C%)&'*(&=.#L1(&4%"4*'*)#%&4%(10#LX&%L&A7 &C%LX
0#%&C%'4%L#$&F<1.1&V?D'01&/1DJ1FX&*#0%&51&?&'")#$*&(*51&L$S#%
`L&V?D'0*V&).#'"*&4$1&B%('"#("*(#&/#L?C%&'1&?&*/)%$*D#&(1&4%D*81&(*51L(%&*D1X&*#0%&'1
/(#&L#&*V&51&9*.%&M%L&@7&*D#&4%D1(#&%&(10%D&"14P*5*X&F & 

&&† X

#.*&'1&(1&0#/?51&(*&81(%&*D1&0#%&(*&*D1&81(%C&D?S#&B#%&S?4#(&?&B%(#)J*D#&'4%D*81&'1&%L
6@@2&;%L*(X
&P*51&*D1&4%"'1Q#&(#&(10#L&D%Q(%C&/1"'0%C&0$#J#&U/$1P(%&'1&(#)%L*&*
81C%)&L)%$X& X&?&0%D&51&)%>1(#&51L(#&4#$(*<#&[&-?9$%)(*0?&'1&@&C%L&4%D*81&S?4#(
H%J1(X&D%SL#&4%"%D#0&'"#$%C&H%J1(#
&!1D&8*VX&'4%D*81&'1&?&!"%(?X&?&"%&)$1D1X&@7
C%LX&S?4#(&-%9$%'.#)&H%4.*QX&0%5*&51&/9%C&%"*D#P*(1&S*"#X&0%5?&'?&*/)$+*.*&81C%)*&J?L*
(10*D&L?9$%)#P0*D&4%L#(*<*D#X&L%.#/*%&?&-?9$%)(*0&L#&'1&(#C#>#&/#&%"+"1"?
&H%&51X
*/C.1L#X&'#')*D&(%)&P%)10X&51$&(#'&81C%)%&*D1&(1&?4?Q?51&(*&(#&0#0)?&'"#$*5?&)1/?&T%)#&51
.*P(%'"&*&4%4%)'0*&0(1/&=?S*9$#L&E„

X&=#S*9$#L“GX&0%5*&'1&4%D*81&%L&AA
C%LX
&L%0&'1&0#%&4%4%)'0*&S?4#(&"*V&C%L*(#&(#)%L*&;%CL#(X&?(?0&0(1/#&R(L$*51

 
&x  &€   X&IaX&2&B.#5*Q&D*'.*&91/&*0#0)#&4%?/L#(#&"1D1J#X&L#&51&!"1)#(&F%&

  &t &
F&r 
&l
X&,2&\#$&&?4#4*('0%D&4*'D?&(1&9*&(#)1%&"#5&N#0#"X&0%5*&9*
(#$%P*"%&4%5#P#)#%&.1C*"*D(%'"&!*9*'.#)J1)?“&B#%&B.#5*Q&D*'.*&*&!"&!"#(%51)*QX
U'"%$*5#&;%'(1&*&:1$<1C%)*(1&;1%C$#L&7X&&O*$1P10&L$S*X&L#&&T*(%'.#)&D%C#%&9*"*
(14%'$1L(*&(#'.1L(*0&B?.*(%)&U'"%$*5#&!$9#X&IX&2&¼&D*+J181&4$*V)#Q#&*&K&M.?+#<
3%)1J1&=#"*51&T*(%'.#)#&;#8#&b?0#&X&7


&x  &€   X&IaX&,@&ƒ&È
& 
& &‚ && & & 
&



  
& && 
& 
& & 
 
 
&x  &€  &IIIX&,6
 
&I X&@&3$14%$?P*)#%&"%&*&-?9$%)P#(*D#X& X&77

&¼
&m   
X&
 &q  X&@X&7A&3%C$1+*%&51X&L#&51&R0%(<*51&?D$%&?
-?9$%)(*0?&%0"%9$#&X&+"%&L%(%'*&?&91.1+<*&Y#P0*&4%&o#$.#"*5?&`(&51&@&L1<&*'"1
C%L*(1&9*%&?&\#L$?&x  &€  &IIIX&@&m&6&5?.#&A&4#4#&C#&4%/*)#X&L#&4$1L#&4.#+"
'4.*"'0%D&(#L9*'0?4?&M?(<1.?&I X&A7&-#&&R0%(<*51&?D$%&5%+&?&%0"%9$?&&4#4#
9*&'*C?$(%&L%&"%C&)$1D1(#&9*%&%9#)1+"1(&%&"%D

&m&  X&s
 &î
  
X&IX&s&@@2X&  A6

&x  &€  X&IIIX&  

&„& &
 &^^X&,6X&6A 


 

 @

&x  &€  &IIIX&, 2

&I &A,&
 
&I X&A6A@7


&  X&'4&LX& A
 
&x  &€  &IIIX&A@@&T*(%'.#)&'1&?&"%D&4*'D?&*&?&%'"#.*D&"%C#&L%9#&/%)1&F&&l
F&U
-?9$%)#P0*&!"#"?"&*/&6&C%L&*D#&'"#.(%&"?&%/(#0?&l ‡ ˆw ¿X&~  &
 
  
&v
&€  &7 X&6@
 
&x &ƒ&r‚ ‚‚ X&x &
&x    
  yX&,

&x  &€  X&IIIX&A@@&T1"#P(%&0%L&B.#5*Q#X&'4&LX&,@X&67&M.?+#<X&*&4%$1L&%)*V
L%0?D1(#"#X&(#.#/*X&L#&51&T*(%'.#)&F/(#%&'#P?)#"*&'#D%'"#.(%'"&;%'(1F&!4&LX&

&x  &€  X&IIIX&A@A7

&z&Î ‡ ˆX&

 &  & ¿&
 & 

&&&67&s 
 &€&„yX
^aX&7AX&AA7&p&z  X&m&l
&E„&
 &^^IIIG&€  &@X&@

&r‚ ‚‚ X&, ,i&l&m  X&x &x   

&
&A&w  
& 
 && X
2,

&x  &€  X&IIIX&A,@

&x  &€  X&IIIX& AX&  X&'4&LX& 7
 
&x  &€  &IIIX& A &4%0#/?51X&L#&'4%$&(*&A2X&C%L&5%+&(*51&9*%&$1+1(X&#.*&*&L#&$*D'0#
0?$*5#&(*51&V"1.#&%+"$*(#&=%SL#&51&$#L*&"%C#&9%'#('0*&9*'0?4&*&9*%&4%L(1%&%'"#)0?X&0%5?
4#4#&(*51&4$*D*%&!4&LX& 2&O%V#(1'&51&4$1'"#%&9*"*9%'#('0*&9*'0?4&4&4$%.1Q#&A6


&!4&LX& 2
 
&!4&LX& A
 
&x  &€  &IaX&,2,

&  X&'4&LX& 7@ 7

&x  &€  &IaX&,6@

&I X&, 

&I X&2,6

&I X&,2@&3*'D%&41P?5'0*D&L%D*(*0#(<*D#&51L(#0%&&L%<(*51D&4*'D?&9%'#('0*D#
I X&2

&o&e*+*QX&M%L*+8*<#&^~aIX&A2X&26
 
&B.#5*QX&'4&LX&6 i&e*+*QX&'4&LX&AAi&x  &€  &IaX& 


&x  &€  &Ia& 2
 
&x  &€   &IaX&7&3$*51/L#&&AAX&C%L&4%D*81&0&F
& &½ 
& 

r 
F&„&K1$"(1$&&D*'.*%&L#&"%&½ 
&/(#P*&  
&a
 & & &y&  
aIIIX&7,X&A2&=#L#&&?&;%'(*&(*CL1&*&(*0#L&(1&4%D*81&)*<19#(&"?D#P181&51&*4#0&)$.%
)1$%)#"(%&'&%9/*$%D&(#&"%X&L#&51&?&"%&)$1D1&9*.%&)*<19#(%)#&?&'?'1L(%5&!.#)%(*5*
 
&x  &€  &IaX&76@&=%SL#&0%(<1(#"&*.*&4$)*&4$1C%)%$&?&"%5&'")#$*& X&,&h
!"%5#(%)*QX&!"#$1&'$4'01&4%)1J1&*&4*'D#X&6&`&4%)1J#D#&9#(#&T*(%'.#)#&'$&'"?L*5?&„
B%'#&?&M.#'?&†^^IIIX&6X& ,2A

&x  &€   &IaX&


 

 

&H%D#&R$V*>#0%(X&'4&LX&@26X&77

&q &^^aIX&@

&x  &€  &IaX&A26

&I X&A, 7

&I X&6&M%"%)%&*'"*&#0"&, &4%(%)J1(&&*/C.1L#&91/&4%"$191&x  &€  &aX&A7A X
 
&I X&A7


&I X&AA
 
&x  &€   &aX&A7A 
 
&I X&A 
 
&O&Î X&v&2X& 2
 
&!4%D*81&'1X&(#&4$*D1$X&L#&51&C%L&&L?9$%)#P0*&(#L9*'0?4&4%')1"*%&9%'#('0%C
9*'0?4#&-$#C%8?&*&(#'"%5#%&L#&"$19*&4#"#$1('")%&&L#&&"%&*+.%&& 
 &


&ƒ
ƒ X&†  &v
&w &v
 &62,
 
&x  &€  &IaX&6&ƒ X&'4&LX&@ 
 
&x  &€  &IIIX& 6X&IaX&76@X&,X&A@,6&l&M.?+#<X&3%)1J1&=#"*51&T*(%'.#)#&;#8#
b?0#&&51L(%&&)1.*0%&4*"#81X&0#0%&L#&4$%"?D#P*D%X&+"%&&?&/#L8%5&4%)1J*&*D1
*(%.)&9$*'#(%&*&D1'"%&81C#&(#4*'#(%&!"4#(¯&U&e#N#$*0X&?0#/?5?Q*&(#&41P#"&0%5*
(%'*&T*(%'.#)J1)%&*D1X&D*'.*%&51X&L#&'?&'1&%)%D&4%)1J%D&V"1.1&*/)?Q*&(101&0%$*'"*
*D1(%D&9#(#&!"14#(#&B%"$%D#(*Q#&*&L#&51&'&"%C#&*/)1L1(#&*/D1(#&M.#'(*0}&L$?+&'$9
'.%)1'(%'"*&aIX&@2 X&@A &¼0&'#D&'")#$&$#(*51&"?D#P*%&*&&3$1C.1LX&IIIX&X& 
M.?+#<&D*'.*X&L#&51&"%&P*(*%&(10%X&0%&51&)*L*%X&FCL51&L%.#/*&?/&0$+"1(%&*D1&).#L#$#&*&*D1
!"514#(&*.*&!"1N#(FX&4#&"%&?P*(*%&*&%)L1&*/9$*'#)+*&*D1&T*(%'.#)#&!4&LX&A&R.*&"%
(*'?&*&51L*(#&"?D#P18#&Ä)&9*&9*.#&4%'.1L8#&4%)1J#&T*(%'.#)J1)#&*&4%'.1L8*&L*$10"#(
#0"&81C%)&T*51&.*&D%C?Q1X&L#&&)&*'4$#)0#&?P*81(#&%L&81C%)#&(.1L(*0#X&'&0%5*D&'?
-?9$%)P#(*&%9(#)J#.*&$#(*5*&?C%)%$X&*&(*51&.*&*D1&T*(%'.#)J1)%X&?(1'1(%&4%&$#(*51D
N%$D?.#$?X&(#0(#L(%&/#D181(%&*D1(%D&"%C#&(#'.1L(*0#“&B%L&Y#'"*Q#X&0%5*&/(#&/#&=#"15#
 &/#&%)?&C%L*(?&(#)%L*&'1&q‚X& & & &l

&ƒ X&'4&LX&@
 
&x  &€   &IaX&A 7
 
&h&!"%5#(%)*QX&!"#$1&'$4&4%)1J1X&,7
 
&o&e*+*QX&M%L*+8*<#&^~IaX&2@i&O&Î X&v&2X& 


&x &„  & X&m& &u &‚u &Ày u&l
&7X&,
 
&x  &€  &IaX&2 &†&„&K1$"(1$#X&a
 &y &  &aIIIX&7,X&A6


Ä&Y%'"*'.#)?&)&'"?L*5?&l&M&3$%0%N51)#X&ï9*.1æ(|æ&'9%$(*0}&$?'&R$V1%.&`9ã1'")#
)}&0%$&ïC%'.#)å*&;.C$#L}X&A,


&wI&H#.%<*X&I
  &&
& 

&  &s 
 &€&y&^aIIIX&7,X
AX& A6&B8*C#&„&Y*'"*Q#X&;%'(#&%L&'D$"*&9#(#&=#"*51&T*(%'.#)#&L%&).#L1&D0%C#
0J&!"1)#(#&-$#C?"*(#&;1%C$#LX&7X&'#')*D&51&4%P1"(*P0#&'")#$


O*$1P10X&U'"%$*5#&!$9#&IX&A7,6


&M&_$1D%+(*0X&B#(<1.#$*'0*&*&(%"#$*'0*&'4*'*&I&;1%C$#L&A&X&2


&=%SL#&4%$%L*<#&4%"*P1&*/&3%L$#)*(1&;.*/?&(%)#P01&S?41X&0%5?&51&0$#J&;1.#&?'"?4*%
3$*51/L*&E'1D&51L(%C&L1.#&%L&K#+01&L%&!)&=*V#5.#X&0%5*&51&%L&$#(*51&4$*4#L#%&"1D4.#$'0%D
$1L?GX&(#.#/*.*&'?&'1&*&4%'1L*&(#'.1L(*0#&9#(#&;%$*Q#&†&x  &€   &aX&A2i&s 
 
^aIIIX& A&†&„&r  X&Î & y& 

& 
 X& 


 

 A7


&x  &€  &^IIX&A&U&"$1Q*&9$#"&8*V%)&l?0&?&"1'"#D1("?&81C%)1&0Q1$*&O1.1(1&Eß&AA6G
/%)1&'1&9#(%D&9%'#('0*D&EF‚ && ‚  & &  &a&  &l
FG&x  &€  &^X
A7A2


&†&„&…  X&a
 & & &
& &y&  X&aIII&7,X&A6i&&"%54%$%L*<*
*'"*&4*'#<X&m& &y‚
À&&^Ia&
yè &uy &IX&¼
è &@X& &*&L&†
„& &
 &^aIIX& 2X&7X&@i&†&  & 
&aIX& 


&x  &€  &aIX&A &4$)*&'4%D1(&fC*L*51)&(*51&A&D#5#X&0#0%&(#)%L*&Y*'"*QX&(1C%&(1+"%
$#(*51&†&„& &
 X&^aIIX&X&,X&A i&^^IIX&6,X&6@X&@7



&x  &€  &aIX&77


&I X& 7X&2 2X&,,
 
&s 
 &€&„y&I^X&A26
 
&o&e*+*QX&3#L&=.#L1(#&e?9*Q#&M.#'(*0&\1D&=?/15#&^IaX&AA@
 
&x  &€  X&aIX&A,A&H#.%<*X&'4&L
 
&z  X&'4&LX&,
 
&x  &€  X&aIX&A26@
 
&I X&A6@
 
&†&Y*'"*QX&'4&LX&  &\#(*DJ*)%&X&L#&%(#&*&0#(*51&4%")$>?51&*/)1'(1&<$0)1(1
L#$%)(*<1X&@,X&*.*&L#&@@&)$#Q#(10#'1.#X&)&?&4%S1+0%5&S?4#(*5*&x  &€  X&26AX
,6&R.*&?&"*D&4%)1J#D#&(1D#&81(1&"*"?.1&0&D#P)#('0%9%'#('01&C%'4%L#$01
 
&`&-19$1<?X&M%L*+8*<#X&^^IX&7X&Ai&%&'$1L81)10%)(%D&!$1D?&'$&„&-*(*Q#X
M.#'(*0&U'"&-$?+")#&IaX&AX&


&c&-#(*P*QX&j*)%"*&0$#J1)#&*&#$V*14*'0%4#&'$4'0*V&\#C$19&X@,,X& 
 
&„& &
 &^X& ,
 
&x  &€  &aIIX& &3%(%)%&L)#&N$#81)#P0#&*(0)*/*"%$#&&#4$*.#&@&I X&A7A
 
&†&&‚ X&x &l  &~ y &&l &7
 
&-$&U&=#$0%)*QX&'4&LX&(1%4$#)L#(%&D*'.*X&L#&'1&F-$#C?"*(&951+1&)1Q&%L$10#%&o%<*51)#
$#'0%.#FX&AA&U&B.#5*Q&51&")$L*%X&L#&&-$#C?"*(&F/9*J#&4$*C$.*%&$*D'0?&)51$?F&!4&LX&@@
 
&U&Y?)#$#<&M%L*+8*<#&IIX&@6@X&2
 
&„& &
 &^X&A
 
&„& &
 &m& &IX&6 
 
&x  &€  &aIIX&7A &U'"*&Y#L%'.#)&L%9*5#&(#C$#L1&*&%L&R(L$*51&AX& X& ,@
 
&¼ yX&w ¿X&΂‚ X&m&&  &m  &IX&a  &AX&2 


&I X&7 2
 
&I X&,A &!D*P*0.#'?&&)&4%)1J#&'?D8*)#&`&')1D?&'$&a&t  ˆX&l
 &y 
€  &@6X&22,
 
&x  &€  X&aIIX&72,i&t  ˆX&'4&LX&,7&!.*P(%&4%(%)J1(%& &#)C?'"#&@&x  &€  X
aIIX&AA

&† 
& 
&
 &€&

&EVBAYUHF8B\H& X&È &

&a y 
&

 & &q  &&x  &€  X&aIIX& 2X& ,

&m&  X&q &º  & &s
 &½ 
& &€   & &m &… &@@AX&6A


 

 A

&x  &€  X&aIIX&AA,&4$)*&4?"&'&"%D&"*"?.%D&6&#4$*.#&&\#(*DJ*)%&X&L#&%&;%'(*
(1D#&(*+"#&?&4%(%)(%5&4%)1J*X&0%5%D& &#)C?'"#&&B#$.%&T#4?J'0*&4%")$>?51&)&4)&*
%9.#'"&e?9*Q#&I X&A2A 

&I X&aIIX&A A

&I X&A,AX&A,6

&!$&!"&!"#(%51)*QX&U/&(#+1&4$%+.%'"*&;1%C$#L&A X&7
 
&t  ˆX&l
 &y X&67X&6A


&x  &€  X&aIIX&A,@
 
&t  ˆX&l
 &y X&6,6
 
&¼ ÜyX&I
  X& A ,i&x  &€  &aIIIX&A 

&I &:?D&'1X&?&"%)$1D1X&'*C?$(%&(*51&(#.#/*%&?&).#'"*&e?9*Q#&`)#5&(#/*)&%/(#P#)#&4$1
4$1"1(/*51X&(1C%&'")#$(?&).#'"

&w&s  X&„& 
&aX&6i&x  &€  X&aIIIX& A

&x  &€  &aIIIX&6@

&Y#'"*QX&76

&O&vÇX&ƒ‡ &
 & &q &,X&,i& 
  
 & &q &A X&


&x  &€   &aX&Ai&…y &s

è&m è &ðèè &r


&@,X& @7
 
&I X&27A i&aIX&X&,


&I X&2 X&,7@
 
&„º& &
 &^^X&2@Ai&^^IIX&A2X& 
 
&†&~&¼ ÜyX&
 ¿0&
  && & ¿ & & ¿ &y&s 
 &€
=y15#X&I^X&@6&~&¼ Üy&&q&l  
&†&   
& &&l &l

@6X& &`(*&L#"*$#5?&4%)1J?&'#&77&C%LX&#.*&"%&(1&D%S1&9*"*&"#P(%X&51$&'1&fD1$*V&"?
(#/*)#X&D1>?&%'"#.*DX&*&X &q  š

&†&&l X&

&I X& 2

&I X&6@

&I X&@

&I X&A2

&I X& 7
 
&H#.%<*X&'4&LX&A, 


&†&&l X& A@&†&x  &€   &aIX&22
 
&H#.%<*X&'4&L&A,6@
 
&†&&l X&,A 

&I X&6,6

&x  &€  X&IIX&,

&Y#'"*QX&*/L&T%L*.#X&,,&!"#$*5*&'*(&=*$%'.#)%)X&H%J1(X&/#0%C#&'1&C%L&@
4$1C%)#$#.%&'#&o$*L$*V%D&;#$9#$%'%DX&L#&'1&%S1(*&Q1$0%D&(1D#P0%C&0(1/#&;1$V"%.L#&%L


 

 A
R(L10'#X&*/C.1L#&L#(*51&4$1S*)1%&%<#&t&O*$1P10X&H%J1(X&'*(&0(1/#&„*'.#)#&:?D'0%C
M.#'&^^^aX&@7&U&h&B%)#P1)*Q&D*'.*X&L#&'?&31"#$&*&R(L$*5#&9*.*&9Q&!"#$*(#$&IX
@@ X&2

&!"&!"#(%51)*QX&M.#'&^†IIX& A&t&O*$1P10&'"#)J#&4$)*&?C%)%$&0(1/#&R(L$*51&
-?9$%)(*0%D&?&)$1D1&%L& 6&C%L&m  &⼠&
&r   &^^aI&7 X&,

`&"%514*'0%4*5*&)&D%5P.#(#0?&!4%D1(*<*&4V*&/#VV1$<1C%)#P01&T*+&&;1/
(%)*V&D%D1(#"#&51&'"?L*5#&c&!.*514P1)*Q#&?&;%C%'.%)J?X&^IaX&AX& 7@

&x   ¿ &y   X&IIX&62,&!$&O*$1P10X&U'"%$*5#&!$9#X&IX& 2&!"&!"#(%51)*QX&;%$9#
/#&'#D%'"#.(%'"&0#"%.*P01&<$0)1X&,,&T#&?+Q?&d1"*(1X&?&`D*+?X&P?)#&&(#LC$%9(*&0#D1(
(10%C&0(1/#&=*$%'.#)#X&0%5*&5&'#V$#81(&'&%<1D&*&9$#"%D&j*)(%D&3&B%.1(L*Q&D*'.*&L#&51
(#"4*'&(#&0#D1(?&'&0$#5#&^II&)10#&O?S(#&!$9*5#X&9$& ,6X& X&A&Ä)5&=*$%'.#)&`D*+0*
(*51&9$#"&T1D#8*(
 
&q&&
 &  &x  X&2X& &`4*'&"1&<$0)1&%L&o&Y#L*Q#&?
q  
&r 
 X&IaX&@@X&66


&!$&-%D1("*5#(X&j*)%"&†)&!*D1?(#&*&†)&†)&U/L&c&-#(*P*Q#X&;1%C$#LX&@,2X& 6
 
&H1%L%'*51X&j*)%"&†)1"%C&†)&U/L#81&c&-#(*P*Q#&;1%C$#L&@,7X&72
 
&x  &€  X&IaX&66

&B.#5*Q&*D#&0#%&()L&F0&C&F&!4&LX&7&-%<(*51&A&l
 &y X&6&¼0&*
O*$1P10X&H%J1(&X&*D#&(#54$1&&[&*/L#8?&H%D1&Y#P0*&?/*D#&C%L&2X&'4&LX&7A&*&4%
81D?&O*$1P10&?&U'"%$*5*&!$9#X&IX&&M%L*(#&A&51&()1$%)#"(*5#&H1&'1&C%L*(1X&?D#$"?X
4%'.1L8*&4?"&'4%D*81&4%C*(?.*&0(1/&K*+1(&x  &€  &IIIX&,6&M%L&2X&2&D#5#X
R0%(<*51&'1&)Q&()%L*&0&D$"#)X& & &\#L8*&'4%D1(&%&81D?X&CL1&'1&5%+&?/*D#&0&S*)X
"%&&6&5?.#&AX& X&A7&3%&)&4$*.*<*&X&L#0.1X&31"#$&*/#9$#(&AX&
4$%0.1"'")%&&!4.*Q#(#&L*C#%&&8*V%)&(#L9*'0?4&4%'.1&C%L*(?&L#(#&)1$%)#"(%&*/#&'D$"*
R0%(<*51)1

&x  &€  X&IIIX& A

&H%D#X&'4&LX&C.&^^aIIIX&7A,X&A

&x  &€  &IIIX&2

&H%D#X& 2X&

&-?9$%)#P0#&V$%(*0#&O&Y#'"*Q#&/)&C&F && &† F&!4&LX&@&¼&&(#/*)&4%
C.#)(%5&%9.#'"*&81C%)1&LS)& 
 
&h&!"%5#(%)*QX&!"#$1&'$4'01&4)J&*&4*'D#&IX& 2


&I X&2,
 
&x  &€   &IaX&A 2
 
&I X&A2,&U/&"%C&L#&&F(1)1$#(&0$#J?F&'.1L*X&L#&&*D#%&$#(*51&*/)1'(*V&%9#)1/#&4$1D#
81D?X&)#JL#&4$*.*0%D&L%9*5#8#&H%J1(%)#&L1.#

&B&O*$1P10X&H%J1(X& 

&T&=*.#+X&!"%(&?&'$1L8*D&)*510%)*D#&-?9$%)(*0& X&AX&@

&„&-*(*QX&M.#'&†~aIIIX&A2X&A 

&h&!"%5#(%)*QX&'4&LX&IX& 2&B(1/&R(L$*5#&&*D#%&*&"$1Q1C&'*(#&]&X&0%5*&&L$S#%
0&0&M#91.1&-?9$%)#P0*&'4%D1(*<*&(1&/%)?&C#&(*&0(1/%D&(*&S?4#(%D&M&_$1D%+(*0X
B#(<1.#$*'0*&*&(%"#$*'0*&'4*'*X&9$&@X&A,

&h&!"%5#(%)*QX&'4&LX&IX& ,&=1>?&81C%)*D&')1L%<*D#&(#.#/*&'1&(10%.*0%&.*<#X&0%5#&'?


 

 AA
$#L*.#&*&'&81C%)*D&%<1D&¼0&;0&Y#L%)#(*QX&0%5*&51&9*%&*&4$1&')1L%0&?&?C%)%$?&
!4.*"%D&*&'#&-?9$%)(*0%Di&L#J1&*/&$#(*51C&L?9$%)#P0%C&?C%)%$#&4%/(#"*&3$*91(&\.%+1)*Q
*&3$1L*'.#)&K?0D*$*Q

&Fƒ  &q
& 
&&† F&q &^IIIX& A
 
&h&!"%5#(%)*QX&'4&LX&


&!"%5#(%)*Q&'4&LX& i&!&T%)#0%)*Q&\#0%('0*&'4%D1(*<*&'$4'0*V&L$S#)#&'$1L81C
)10#&;1%C$#L&X&A@,&`&$#+0%5&*("*"?.#<*5*&'$&!"&!"#(%51)*QX&M.#'&^†IIX&AX& A2
 
&!$&D%5&P.#(#0&?&M%L*+8*<*&^~I^& 7X&,A
 
&t&O*$1P10&*&w&Y#L%(*QX&U'"%$*5#&!$9#&IIIX& 6
 
&†&D%5P.#(#0&?&M.#'?&†^^^aIX&
 
&B#(<1.#$*'0*&*&(%"#$*'0*&'4*'*X&9$&A,X&,AX& 76
 
&I X&9$& X& 
 
&-?9$&L$S&#$V*)X&x &ƒ &IX&‚&6
 
&„&„  X&q & ¿X&A7
 
&B#(<1.#$*'0**&(%"#$*'0*&'4*'*X&9$&AAX&A6
 
&„ 
&aX&6


&-?9$&L$S&#$V&x 
&†  &IaX&‚&6X&AX&6&†&t&O*$1P10#&m  &‚º &

r   &^^IIX&6 2
 
&t&O*$1P10&*&O&Y#L%(*QX&U'"%$*5#&!$9#&IIIX& 6&x &v& &&qÆ&x  
&IIX
A&-?9$%)P#(*&'?&4$*.*0%D&"*V'#'"#(#0#&'4$1D#.*&L#$%)1&/#&8*V&%9%5*<?&O&s  X
„& 
&aX&2X&6A


&B#(<&*&(%"&'4*'*&9$&A@X& X& 


&†&w ¿&m  &‚º &
&r   &^^IIX&77X&6A


&-?9$&L$S&#$V*)X&x 
&†  &IIIX&‚&2


&B#(<1.#$*'0*&*&(%"#$*'0*&'4*'*X&9&


&-?9$&L$S&#$V*)i&m &IX&AA&=#S*9$#L*Q#&4%$%L*<#&?&-?9$%)(*0?&*/)%L*.#&
4%$10.%&*/&:1$<1C%)*(1X&#.*&(1&*/&3%4%)#X&(1C%&*/&;*.1Q1&[&-?9$%)(*0&51&L%+.#&0&A@7
C%L&3&3%4%)*QX&M.#'&†~aIX&


 

 A


 
T1/#L%)%J#(&#(S?5'0*D&0#(L*L#"%D&/#&?C#$'0?&0$?(?X&D#>#$'0*&14*'0%4#"X&(#&P1.?&'#
0#.%P0*D&(#L9*'0?4%D&U)#(%DX&4%(?L*%&51&A7&C%L&4$1'"%&'*(?&P1+0%C&0$#J#&K#<.#)#&IIX
0%5*&51&4%&S1('0%5&.%/*&4%"*<#%&%L&R$4#L%)*Q#&K#<.#)%)&'*(&K#<.#)&III&9*&0$?(*'#(&6
#)C?'"#&"1&C%L*(1&0#%&D#>#$'0*&0$#J&b#L*'.#)&a&Y#SJ?Q1("*D&4%0$1"%D&4#4#&;%(*N#<*51
4%'.#&.1C#"1&?&[C#$'0?&L#&4%)1L?&*'"$#C?X&#&0#.%P0%C&(#L9*'0?4#&4%/)#&?&Y*DX&(#
%LC%)%$(%'"&`)#5&?D$1&4$1&4%.#'0#X&#&4#4#X&4%&$#(*5%5&D1"%L*X&*D1(%)#&D1'"%&81C#&')%C
P%)10#&*&5%+&51L(%D&5#'(%&4%0#/#&0%.*0%&D?&51&9*.%&'"#.%&L%&4%91L1&B#$.#&Y%91$"#&-#&9*
L*C#%&/(#P#5&(%)%D&0#.%P0%D&(#L9*'0?4?&!"1)#(?&(10*D&?'41V%DX&4#4#&(#$1L*&L#&(#L9*'0?4
*&L$?C*X&9.*S*X&9*'0?4*&4%P(?&4%(%)%&?&;%'(*&9%$9?&4$%"*)&51$1"*0#X&*&"%&(1&'#D%
<$0)1(%D&4$%4#C#(L%D&(1C%&*&')1"%)(%D&'*.%D
&B#%&D(%C%&4?"#&$#(*51&*&'#L#&51&;%'(#
*D#.#&4%'.?S*"*&0#%&)1("*.&/#&?(?"$#+8?&(#41"%'"&?&'#D%5&=#>#$'0%5
[&'")#$*X&?&;%'(*&(*51&"$19#.%&0$1"#"*&(10?&(%)?&#0<*5?&(1C%&'#D%&4$*V)#"*"*&9%$9?X&0%5?&'?
"#D%&)1Q&)%L*.*&e?9*Q*&=%SL#&51&*L15#&*&L%+.#&'&8*V%)1&'"$#(1X&L#&*D&%.#0+#&4%.%S#5
=*&'D%&)1Q&'4%D1(?.*X&L#&51&A7&C%L&9#(&3#).1&$#"%)#%&4$%"*)&9%'#('0%C&9#(#&!"14#(#
B%"$%D#(#&*&L#&C#&51&9*%&4%"*'(?%&L%&-$*(1&3%/*)&?4?Q1(&D#>#$'0%D&14*'0%4#"?&*
0#.%P0%D&(#L9*'0?4?&L#&0$1(?&#0<*5?&4$%"*)&51$1"*0#&?&;%'(*&L#"*$#(&51&%L&4#41&A7&D#5#
A7A&*&%P1)*L(%&51&?&)1/*&'#&9%$9%D&e?9*Q#X&%L.?P(*V&4$*5#"1J#&#(S?5'0%C&0#(L*L#"#
`"4%$&(#&0%5*&'?&e?9*Q*&(#*+.*&9*%&51&5#0&*&"$#5#%&51&L?C%X&*&'&"%C#&9*&*D&4%D%Q&*/
=#>#$'01&9*.#&L%9$%&L%+.#&-#&.*&51&*&'"*C.#&(1&/(#D%&4%?/L#(%&\(#&'1&'#D%X&L#&51&?&5?(?
A7 &3#).%)&9$#"&9#(&=.#L1(&4%C*(?%&(1CL1&?&;%'(*&%L&F(1)1$(*V&51$1"*0#F
&;%$9?&51
(#'"#)*%&'#D&3#).1&3%91L*)+*&4$%"*)(*01&%(&'1&%L&4%P1"0#&A72&C%L&/%)1&FC%'4%L#$1D
P*"#)1&;%'(1FX&0%5?&51&4$1L#%&?&).#'"&')%D&(#5'"#$*51D&'*(?&=.#L1(?&II&[/D1"1S1(%&'"#81
*/#/)#.%&51&%4+"?&(1'*C?$(%'"&H#0%&'1&A72&C%L&4%D*8?&(#4#L#5*&(#&L?9$%)#P01&0#$#)#(1
0%L&;*.1Q1X&M#<0#&*&3$*9%5#

=.#L1(&II&(*51&/(#%&%P?)#"*&)1.*0?&"10%)*(?&')%C#&%<#&O%+&/#&S*)%"#&81C%)#&4%D#C#%&51
')%D&'(#C%DX&?P1'")?5?Q*&'#D&?&9%$9*X&4%9?(?&\#L$#(#&4$%"*)&=.1"#P01&Y14?9.*01X&A
C%L*(1X&*&4$*D*%&51&*/9%$&/#&8*V%)#&0(1/#&H?&51&9%$9?&(#'"#)*%&*&*/#&'D$"*&%P1)1&EAG
*D#5?Q*X&*'"*(#X&)%5(*P0*V&?'41V#X&#.*&(1&*&L%)%J(%&'(#C1X&L#&'#DX&91/&0$#J1)1&4%D%Q*X
)%L*&$#"&'#&D%Q(%D&$14?9.*0%D&3%'.1&)%51)#8#&%L&L)1&*&4%&C%L*(1&\#L#$&'1&%41"&4%0%$*%
=.1<*D#X&#&9#(&=.#L1(&'1&D%$#%&%L$1Q*&')%C#&/#L#$'0%C&0(1S1)'")#&*&')*V&4$#)#&'4%51(*V&'
"%D&"*"?.%D&EA&'14"1D9$#&AAG&`L&"%C#&P#'#&81C%)#&/)1/L#&"#D(*&T1?'41V&51&%'%0%.*%
(1/#L%)%J(1&1.1D1("1&81C%)#&4%L#('")#X&L#&L*C(?&C.#)?&*&L#&P#0&4%P(?&%")%$1(%&$#L*"*
4$%"*)&81C#&M%L&A2&4%9?(*%&'1&H$%C*$&*&"$#S*%&/#+"*"1&?&=.1<*D#X&*&=.#L1(&51&D%$#%
/(#"(%&'4?+"#"*&')%51&4$)%9*"(1&'"$%C1&?'.%)1&C$#L?X&L#&9*&C#&4%(%)%&4%)$#"*%&3$%"*)
81C#&'1&L*/#+1&*&V$)#"'0%&*&9%'#('0%&4.1D'")%&"#0%&0$P0*&0(1/%)*&o$#(0%4#(*X
B?$5#0%)*Q*&*/&B$9#)1&*&.*P0*&0(1/&T1.*4*QX&#&*/&;%'(1&:$)#"*(*Q*&*&.*)#8'0*&0(1/%)*
=*V%)*.%)*Q*&T#$%P*"%&D?&4%'"#L%+1&%4#'(*&)%L*P0*&0(1/%)*&;#9%(*Q*X&9#(%)*
!.#)%(*51&*&%")%$1(*&"#0D#<*&!#D&0$#J&B#$.%X&D?P1(&*&*(#P1&)1.*0#+0%D&(#'$"J*)%+Q?
*&(14%?/L#(%+Q?X&(*51&*D#%&)1$1&?&=.#L1(#&0#%&(10#L&?&81C%)#&%<#i&*&0#L&51&4%P1%&L#
'4$%)%L*&')%5?&4%.*"*0?&'.#9J18#&*&0$V#8#&%'*J1(*V&D#C(#"#X&%(&(*51&(*&e?9*Q1&%'"#)*%
(#&D*$?&T#54$1&51&A,&C%L&4%"4?(%&'.%D*%&D%Q(1&M*'*(C1&4%'.1&(10%.*0%&%C%$P1(*V
9%$9*i&4%'.1&=#"*5?&_#0#&(#&'1)1$?X&?&!.%)#P0%5i&#&%(L#&'1X&*/#&$#"#&'#&!$9*5%DX&%9$(?%&*
4$%"*)&e?9*Q#
;%'#('0*&9#(&!"14#(X&4%/(#"&)*+1&'#&*D1(%D&B%"$%D#(X&4$%"*)(*0&e?9*Q#X&?D$%&51&(1CL1
'?9.*/?&0#L&*&81C%)&"#'"&0$#J&-$#C?"*(&e"#&51&9*.%&'&8*D&%L&(1?'41V#&?&9%$9#D#&'#
=.#L1(%D&*&3#).%DX&%L&A7&C%LX&(1&/(#D%&?4$#)%&(*+"#X&#.*&'1&P*(*&L#&51X&*4#0X&/#L$S#%
).#'"&9#$&?&(10%D&'?S1(%D&%9*D?&-?9$%)#P01&V$%(*01&0#/?5?X&L#&51&81C%)#&?L%)*<#&'#
D#.%.1"(%D&L1<%D&!"14#(%DX&T*(%'.#)%D&*&K.#L*'.#)%D&D%$#.#&91S#"*&*/&/1DJ1X&51$&5%5
).#'"1.#&(*51&L#.#&L#&/#'1L(1&*&(#&4$*)*L(%&9#('")%X&*/#/*)#5?Q*X&4%&D#>#$'0%D&4$*D1$?X


 

 A2
9%$91&%0%&).#'"*&`(#&'1&'0.%(*.#&?&-?9$%)(*0&*&"?&51&(#+.#&'$L#P#(&4$*51D


-?9$%)P#(*&?9$#5#5?&'19*&?&/#'.?C?X&+"%&'1&D.#L*&!"14#(&4%'.1&(10%C&)$1D1(#&D%C#%
)$#"*"*&?&;%'(?&*&/#?/1"*&%P1)%&D1'"%&?/&4$*'"#(#0&*/)1'(%C&L1.#&D%Q(*V&)1.*0#+#
[&;%'(*&D.#L*&!"14#(&IIX&/)#(&!"14%+X&?&4$)%&)$1D1&9*%&51&4%"4?(%&4%L&?"*<#51D&*&/#)*'#(
%L&9#(#&=.#L1(#&H%&(#$%P*"%&4%0#/?51&%)#5&'.?P#5&=.#L1(&51&9*%&"#5X&0%5*&51&D%.*%&4#4?X&L#
!"14#(?&L#&L%/)%.?&/#&)1(P#81&'#&0Q1$5?&0(1/#&=#5(V#$L#&`$"1(9?$+0%CX&'&0%5%D&51&9*%&?
'$%L'")?X&4%+"%&51&*/5#)*%&'4$1D(%'"X&L#&Q1&$#L*"*&?&0%$*'"&4$#)1&)1$1&H%&51&4#4#&*
L%4?'"*%&4*'D%D&%L&@&5?.#&A

3%'.1&'D$"*&0$#J#&-$#C?"*(#&L%+.%&51&L%&9%$91&(#&)*+1&'"$#(#&]1C%)#&'*(#&K.#L*'.#)#X
0%5*&51&"$#S*%&'$4'0?&0$?(?&/#&'1X&4$1D#&4$#)?&')%C&%<#X&?V)#"*&0$#J&=*.?"*(&*&9#<*&?
"#D(*<?X&#&-$#C?"*(%)1&/1DJ1&4$*V)#"*&'#D&H%&*/#/)#&%"4%$&D#>#$'0%C&0$#J#X&0%5*&51&"1
4%0$#5*(1&'D#"$#%&0#%&.1(%&')%51&L$S#)1&h?"X&0$#J&'1&0$1(?&4$%"*)&=*.?"*(#&'#&'1)1$#&!#
5?C#&51&5%+&$#(*51X&')#0#0%&'&"*D&4%V%L%D&?&)1/*X&?L#$*%&(#&=*.?"*(#&9#(&=.#L1(&;%$9#&51
9*.#X&0#S1&'1X&*/#/)#(#&4J#P0#81D&4%C$#(*P(*V&V?D'0*V&/#4%)1L(*0#&;$#(*)%51)*Q#X
=*V#*.#X&;$#50#&*&;$#(%5#X&0%5*&'?&9*.*&C%'4%L#$*&!"%(#&*&0$#5#&%0%&(1$1")#('0%C&?+Q#X&#.*
'1&/#%+"$*.#&')#0#0%&?&)1/*&'#&L$S#81D&D#>#$'0%C&L)%$#&K1Q&7&#4$*.#&A@&=.#L1(&'1
4%(%)%&(#/*)#X&?/&L%"#L#+81&"*"?.1X&5%+&F*&C.#)(*D&C%'4%L#$1D&V?D'01&/1DJ1FX &L%0&'1
=*.?"*(&%L&$#(*51&4%P1%&L#&/%)1&*&F0$#J&:$)#"'01FX&*&C%"%)%&')?L#&?&"?>*D&4%)1J#D#X&*
F0$#J&:?D#F&[&$#"?X&0%5*&'1&)%L*%&%L&.1"#&A@&L%&.1"#&A&C%LX&=.#L1(&51&$>#)%&4$%+#%
=*$&51&L%9*%&4%'$1L%)#81D&-?9$%)P#(#X&4%L&L%'"#&"1+0*D&?'.%)*D#&=%$#%&51&L#"*&$%>1(%C
9$#"#&M$C?$#&*&5%+&(101&')%51&J?L1&/#&"#%<1X&L%0&(1&*/)$+*&%9#)1/1&4$1D#&=*.?"*(? 
H#5&4%$#/&'#D%&4%5#P#&(1/#L%)%J'")%&81C%)*V&4%L#(*0#&O%+&"1&C%L*(1&%LD1"(?&'1&%L&81C#
e*91(*0&*&(#>1&/#+"*"1&?&=.1P#(#X&#&(#'0%$%&/#&"*D&4$*D1$%DX&*/#/)#(&=.#L1(%)%D
91/%9/*$(%+Q?X&4%>1&*&H$%C*$&-#&'1&L%C%)%$*&%&'*"?#<*5*&(#'"#.%5&%")%$1(*D
'?L1%(*+")%D&=.1"#0#&?&9%$9*&4$%"*)&81C#&*&L#&4$*91$1&')1&(#$%L(1&'(#C1&A&#0<*5?
%"4%$#X&=.#L1(&91+1&'#/)#%&*&51L#(&'#9%$&V$)#"'0*V&)1.*0#+#&R.*&(#&81D?&(1&'#D%&(1
4%'"*S1&+"%&51&S1.1%X&(1C%&"%.*0%&*/#/)#&'"$#'"*X&L#&'1&(#5)1Q*&L1%&J?L*&%0$1(?&4$%"*)
81C#X&4#&P#0&*&$%>1(*&D?&9$#"&3#).1&`(*&'")%$*+1&*&'#)1/&4$%"*)&=.#L1(#&/#51L(%&'#
e*91(*0%D&*&H$%C*$%D&*&%L.?P*+1&'1X&L#&C#&4%"4?(%&'#"$?&3%/)#+1&/#"%&?&'#$#L8?
;#9%(*Q1&*&*/&;%'(1&B%"$%D#(*Q1&B$#J&B#$.%X&%9#)1+"1(&%&"%D&4%0$1"?&*&(1/#L%)%J#(X
+"%&51&=.#L1(%)%D&0$*)*<%D&L%+.%&L%&D.1"#P0*V&?'41V#&(#&3$*D%$5?X&#&S1J#(&L#&'0$+*
51L(%C&%4#'(%C&)1.*0#+#&)*+1X&4%'.#&'.#)%('0%C&9#(#&U)#(#&;#9%(*Q#X&L#&L%0$#5P*&"?
4%9?(?&3%'.1&'1&*&'#D&.*P(%X&'#&)1.*0%D&)%5'0%DX&?4?"*&?&-#.D#<*5?&3%D%Q?&D.1"#P0%D
"$%C*$'0%&+*91(*P0#&N.%"#&/#?/1&=.#L1(%)1&C$#L%)1&!0$#L*(&*&`D*+X&#&'#D&=.#L1(&9*
4%"?P1(&0%L&;.*'01&*&(#S1&?&91C&B#L&51&0$#J&'"*C#%&?&B(*(&=.#L1(&*/*>1&4%(*/(%&4$1L#&8&'
L#$%)*D#X&*&"%&D?&'4#'1&S*)%"&U/C?9*%&51&5%+&"?&9#('0?&P#'"&*&')?&).#'"&*&4%'"#%&51&0$#J1)
$%9X&(1CL1&0$#51D&'14"1D9$#&A &-#J#&81C%)#&'?L9*(#&(*51&'*C?$(%&4%/(#"#i&?D$%&51
')#0#0%&4$1&A &C%L&j1(#&81C%)#&O1.1(#X&*(#P1&$%>#0#&0$#J#&B#$.#X&(#.#/*.#&'1&?&91L*
`(#&51&AA2&0#%&4%0.%(*<#&L%+.#&?&Y*D&*&%L#".1&?&T#4?JX&CL1&5%5&51&(#4?J'0*&0$#JX&'"$*<
B#$.#&Y%91$"#X&*/&'#S#J18#&%L$1L*%&C%L*+8?&4%D%Q&%L&77&/.#"(*V&N%$*("* 
[&;%'(*&%'"#L1&'#D&9#(&!"14#(&II&B%"$%D#(*Q&e?9*Q#&'1&%'.%9%L*%&'#&)$.%&D#.%&')%C
?P1+Q#&!&"1&51&'"$#(1&4%'"#%&4%"4?(%&%91/91>1(&;%$91&%0%&4$1'"%.#&?&Y#+0%5&*/#
=*.?"*(%)1&'D$"*&EAG&%D%C?Q*+1&D?X&L#&$#+*$*&')%5?&).#'"&*&(#&'1)1$%*'"%0?&*&(#&5?C?
[&$#"&4$%"*)&=*.?"*(%)#&(#'.1L(*0#&!"1)#(#&-1P#('0%C&%(&'1&?D1+#%&51$&51&+"*"*%
*("1$1'1&')%C&?5#0#X&0$#J#&K.#L*'.#)#X&'*(#&-$#C?"*(%)#X&0%5*&51&4%.#C#%&4$#)%&(#&'$4'0*
4$1'"%&K.#L*'.#)&'1&L?S1&)$1D1(#X&'0%$%&L)1&*&4%&C%L*(1X&%L$S#%&?&Y?L(*0?&*&!$1D?
9%$1Q*&'1&4$%"*)&!"1)#(#&-1P#('0%C&!"14#(&B%"$%D#(*Q&C#&51&4%D#C#%&4$10%&-$*(1X&#&?&*'"%
)$1D1&+*$*%&51&')%5?&).#'"&*&?&:?D?&3$%(*<J*)&*&%0$1"#(X&#&')1'"#(&*&9$/&(#&%L.?<*X
!"14#(&II&51&)1+"%&*'0%$*'"*%&*&D1"1S1&?&:$)#"'0%5&4%'.1&4#L#&=.#L1(#&e?9*Q#&*&?&!$9*5*
C$#>#('0*&$#"&*/#&=*.?"*(#&*&'")%$*%&51&%L&;%'(1&L$S#)?&)1Q1C&$1L#&-%".1X&81(&51&/(#P#5


 

 A,
9*%&P*'"%&.%0#.#(X&91/&?"*<#5#&(#&4%.*"*P0?&'?L9*(?&!$9#X&:$)#"#&*.*&;#.0#(#&?%4+"1i&%L
81C#&;%'(#&'1&(#C.%&L*S1&*&4%P*81&?/*D#"*&#0"*)(*5?&4%.*"*P0?&?.%C?&[&4$)%5&')%5%5
%P?)#(%5&'$4'0%5&4%)1J*X&*/L#(%5&%0%&A2&C%LX&%(&'1&4%(%'(%&/%)1&FC%'4%L*(¯&)'D¯
/1D.#D¯&9%'(¯'0*D¯&*&!%.*&*&['%$&*&-%.¯(*D¯&B$#1D¯&*&:.¯D¯'01&/1D.1&C%'4%L*(¯F 
H%&51&4%L$?P51&0#0)%&(*51&*D#%&(*51L#(&9%'#('0*&).#L#$&4$1&81C#i&%L&A,X&4#&L%&')%51
'D$"*X&%(&Q1&"%&4%L$?P51&5%+&)*+1&/#%0$?S*"*&*&L#"*&D?&*/)1'"#(&'"#9*.#(&0#$#0"1$
3$1&')1C#&'1&"$?L*%X&L#&'D*$*&4$*.*01&?&'#D%5&;%'(*&*&%9#)1S1&D%Q(1&)1.*0#+1&T#$%P*"?
4#S8?&%9$#"*%&51&'1)1$%/#4#L(*D&%9.#'"*D#X&0%51&'?&(10#L&*/L#.1&81C%)#&%<#&*&4$*+.1
e?9*Q*D#&!&9$#"%D&K.#L*'.#)%D&L#%&51&0J?P0%D&0(1/?&K?0%'.#)?&:$)#"*(*Q?X
*'0J?P?5?Q*&81C%)?&9$#Q?&*&'*(%)<1X&L)1&S?41&;#8*<?&*&K$9#8?&'&C$#L%)*D#&BJ?P1D&*
B%"%$%D&K?0%'#)&51&$#(*51&L$S#%&'#&e?9*Q*D#X&4#&51&(#4?'"*%&=.#L1(#&EV$¯)#"¯'0%C#
C%'4%L*(#G&*&4$*+#%&!"14#(?&H1&S?41&L#%&D?&51&9#(&F[&LL*(?&*&?&*'0.#L¯&?&)0*&àD?&*
àC%)?&4%'.¯L(¯D?&L%0%.&à&(#+1&'D1&?&;%'(*&L%0%.&à&)$¯(¯&(#D¯&K.¯0%'.#)¯F&;#(%)?
')*"?&'#P*8#)#.*&'?&"#L#&S?4#(&*/&\#C%$5#X&0(1/&Y#D1X&)%5)%L#&['%$1X&S?4#(&!%.*X
H$19%"*Q#&*&D(%C*&L$?C*&0(1/%)*&*&)1.*0#+*&/1DJ1&:$)#"*(*Q*X&0#%&4$1&0%L&9#(#&3#).#X
*'0%$*+Q#)#5?&!"14#(%)?&L%9$?&)%J?X&*&%'*C?$#)#5?&'1&%L&0.1)1"1&*&L%9*5#5?X&?&'.?P#5?
0$*)*<1X&4$#)%&##(/?#.&#&0#%&?'"?4#0&9#(?&*D#%&51&0(1/&K?0%'.#)&L#"*&%$?S#(1
'(#C1&F0%.*0%&D%S1&(#*9%.1F &!"14#(&D?&'1&(#&"%&%9)1/#%&'#D%&4$1L&4$1"'"#)(*<*D#
(#$%L(1&)1$1X&4$1L&L)#&Y#L%'.#)#X&L1L%D&*&C%'"%DX&F*&4$L¯&)¯'%D¯&<$¯0¯)%D¯&*&4$L¯
;%'(%D¯F&-$?C*&:$)#"*(*QX&0(1/&3#).1X&L$S#%&51&?&"%&)$1D1&S?4?&\1D?(*0&[&%9.#'"*
K?0%'.#)#&:$)#"*(*Q#&(#.#/*.%&'1&"#L#&4.1D1&B%.?(*Q#X &P*51&'1&*D1X&?&D1'(%D&(#/*)?
0%L&;%'&31"$%)<#X&%P?)#.%&')1&L%'#L#
B#L&51&A,&C%L&?D$%&9#(&!"14#(&;#9%(*Q&0$#J&B#$.%&51&4%'"#)*%&/#&81C%)#&(#'.1L(*0#
9$#"#&D?&U)#(#&`)#5&51&)#S*%&0#%&81C%)&4$*'"#.*<#&*&*'"#0#%&'1&?&9%$9#D#&4$%"*)&0$#J1)#
%LD1"(*0#&:1($*0#&T1D1"?5)#$#&_#0&51&9*%&*&"1+0%&$#81(&4$*&%4'#L*&/L1(*P0%C&C$#L#
B$#J&D?&"%&?&')%5%5&4%)1J*&%L&7&L1<1D9$#&A,&*/$1P(%&4$*/(#51 &T1D#5?Q*&D?+0%C
4%$%L#&U)#(&51&&D#5#&A&4%'*(*%&?&)$9#'0%D&C$#L?&')%C&?(?0#&U)#(#X&'*(#&')%C&/1"#
'1P?5'0%C&)%5)%L1&31"$#X&'"#)J#5?Q*&D?&?&L?S(%'"&L#&'1&9$*(1&%&<1.%D&9$#"'")?
&T*0%.#
*&-?5D%X&'*(%)*&Y#L%'.#)#&IIIX&L%9*.*&'?&?&(%)1D9$?&"1&C%L*(1&C$#L&`'"$%S#<&/#& 2&D#$#0#
'$19$#
T#5)1Q*&?'41V&4%'"*C#%&51&U)#(&;#9%(*Q&?&51'1(&A&B#%&D#(L#"#$&0$#J#&B#$.#&%(&51&"1
C%L*(1&4%)1%&)%5'0?&4$%"*)&=.#L1(#&e?9*Q#X&#&0#L&C#&51X&'&L$?C*D#X&'$?+*%&0$#J&D?&51X&0#%
(#C$#L?X&L#%&?/&'.#)%('0?&9#('0?&P#'"&5%+&*&V$)#"'0?&H?&51&P#'"&L%9*%&U)#(&,&%0"%9$#&H%
51X&(1D#&'?D81X&9*%&(#5)*+*&?'4%(&8*V%)1&0?Q1&R.*&%(&51&9*%&?&*'"*&D#V&*&/#P1"#0
4$%4#'"*X&:$)#"*&(*'?&'D#"$#.*&;#9%(*Q#&0#%&')%C&P%)10#X&#&'1D&"%C#&81C%)&)1.*0*&?'4%(
*/#/*)#%&51&/#)*'"&K1Q&"1&51'1(*&*/9*.#&51&%4%/*<*5#&4$%"*)&U)#(#&*&0$#J&51&D%$#%&L%'0%$#
L#&%4%/%)1&')%51&*D1(%)#81&H%X&4$*$%L(%X&*/#/)#&$1#0<*5?&0%L&;#9%(*Q#&`(*&'1&?&.1"%
AA&%")%$1(%&4%9?(*+1&4$%"*)&0$#J#X&#.*&?&9%$9*&'&81C%)%D&)%5'0%D&(*'?&*D#.*&'$1Q1
3$%+.*&'?X&*4#0X&91/&"1S*V&4%'.1L*<#&U)#(&51&%'"#%&9#(&!.#)%(*51X&#.*&'?&81C%)*&$%>#<*
*/C?9*.*&(101&4%'1L1&E=1L)1LC$#LG&*&S*)1.*&'#&S#%0%D&?&L?+*X&?)10&'4$1D(*&L#&'1&(#>?&(#
'"$#(*&(14$*5#"1J'0%5&0$#J?&3%'$1L%)#81&*/&'#D%C&T#4?J#&'#D%&51&4$*)$1D1(%&?9.#S*.%
4$%"*)(%'"*&B#L&51&A,&C%L&/#&'.#)%('0%C&9#(#&L%+#%&=*0#<&R0%+&L*C.*&'?&'1&;#9%(*Q*
4%(%)%X&#.*&'?&*&%41"&(#'"$#L#.*&U/C?9*.*&'?&')%5&C$#L&!"1(*P8#0X&/#&0%5*&*D&51&0#'(*51X
4%'.1&*/D*$18#X&L#"#&-%8#&=%'.#)*(#&3%9?81(*01&51&%L&"1S1&0#/(1&'4#'.%&"%X&+"%&'1&/#
8*V&/#?/1%&/#C$19#P0*&9*'0?4X&'.#)%('0#&).#'"1.#&*&51L#(&L1%&$%L9*(1X&'#&'"#$*D&9#(%D
U)#(%DX&0%5*&(*'?&#0"*)(%&?'"#.*&4$%"*)&0$#J# &-%D#.%&51&9#(&U)#(&*/C?9*%&*&')%5&L$?C*
/(#D1(*"*&C$#LX&")$L*&\$*8X&L#)+*&C#&A@&C%L&?&/#.%C?&/9%C&%9#)1/1&')%C&/1"#X&31"$#
T1D1"?5)#$#&[/&C$#L&%(&51&*/C?9*%&*&)1.*0&L1%&'1.#&*&4%'1L#X&0%5*&'?&4$*4#L#.*&C$#L? 
[&*'"%&)$1D1&4$%+*$*.*&'?&'*(%)*&Y#L%'.#)#&;#9%(*Q#&4%$%L*P(1&4%'1L1&(#&L$?C%5&'"$#(*
T*0%.#&*&-?5#DX&81C%)*&(#'.1L(*<*X&%L.*0%)#.*&'?&'1&0#%&5?(#<*&?&'.?S9*&0$#J1)%5


 

 A6
T#$%P*"%&51&0$#J&B#$.%&9*%&4?(&(1%9*P(*V&4%V)#.#&/#&T*0%.?X&0%5*&D?&51&?&51L(%5&9%$9*&'
K.#'*D#&'4#'#%&C.#)?&!&"%C#&*D&51&4%")$L*%&C$#L&`'"$%S#<&(#&[(*X&0%5*&51&$#(*51&9*%&0?4*%
8*V%)&%"#<&'#&D(%C%&L$?C*V&4%'1L#X&4#*D&51&"%&*D#81&5%+&*&4$%+*$*%&')1&L%&9.*/?
B$?41 &-?5D%&51&4%"%D&0?4*%&A ,&C%L&*&)1.*0*&0#D1(C$#L'0*&4%'1L&?&%9.#'"*&!#(1 
T*0%.#&*&-?5D%&$%L%(#P1.(*<*&'?&)1.*01&4.1D*Q'01&4%$%L*<1&;.#C#5'0*V&!#&4$%+*$181D
%)*V&*D#8#&"#&4%$%L*<#&L%.#/*&?&%)%D&0$#5?&L%&4?(%C&*/$#/#&]*V%)*&'?'1L*&?&%9.#'"*
B$?41&9*.*&'?&8*V%)*&$%>#<*X&3#).1&*&-*(0%X&'*(%)*&!"14#(#&;#9%(*Q#X&0%5*&'?&9*.*
4$%"*)(*<*&0$#J1)*&*&'&"%C#&/#L?C%&4%"*'(?"*
=.#L*&9#(&9%'#('0*&*D#%&51&4$)*&'4%$&'#&-?9$%)P#(*D#&`(&51&9*%&%L?/1%&C%L&A&')?
$%9?&51L(%D&L?9$%)#P0%D&"$C%)<?X&=#$*(?&=1(P1"*Q?X&4#&51&Y14?9.*0#&"$#S*.#&*.*&L#&5%5&'1
L#&/#L%)%J+"*(#&*.*&')*&81(*&"$C%)<*&L#&(#4?'"1&;%'(?&O1L(%C.#'(%&51&?&=#.%D&K1Q?&A
(%)1D9$#&A&9*%&'")%$1(&/#0J?P#0X&L#&Q1&')#0*&"$C%)#<&L?9$%)#P0*&9*"*&0#S81(&'#&277
41$41$#&C.%91X&#0%&9?L1&"$C%)#%&?&9#(%)%5&/1DJ*&4$1&(1C%&L%>1&L%&'4%$#/?D# &!"14#(?&'1
4$19#<*)#.#&(1/#V)#.(%'"&4$1D#&Y14?9.*<*&*&#41.%)#.%&'1&(#&81C%)?&D#50?X&0%5#&51&'4%$
L%*'"#&?9.#S*.#&*&L%)1.#&L%&*/)1'(%C&*/D*$18# &!?0%9&'1&4%(%)*%&4%'.1&(10%.*01
C%L*(1&%41"&EA,GX&51$&51&!"14#(&"$#S*%&L1'1"*(?&%L&')1&L?9$%)#P01&$%91X&0%5#&4$%>1&0$%/
;%'(?&R.*&'1&(#'0%$%&L%+.%&L%&*/$#)(#8# &;#(&51&4$*D#%&4%0.%(1&D1'"%&L1'1"*(1X&#
-?9$%)P#(*&'?&'$#P?(#.*&L#&*4#0&L%9$%&4$%.#/1&U/#&"%C#&-?9$%)P#(*&$#/)*5#5?&')1&"1+81
"$C%)#P01&)1/1&'&;%'(%D&B#%&0#$#0"1$*'"*P(#&%'%9*(#&"*V&%L(%+#5#&D%S1&4%'.?S*"*&%9.*0
9%'#('0%C&(%)<#&B%"$%D#(*Q#&3$)*&(%)#<&/#&;%'(?&0%)#%&51&9#(&=.#L1(&*D*"*$#5?Q*X&0#%&*
0$#J&[$%+X&D.1"#P0*&'$19$1(*&L*(#$&EC$%+X&D#"#4#(G&!"14#(X&(#'"#)J#5?Q*&"#5&$#LX&D18#
4%'"141(%&%9.*0&(%)<#&4$*9.*S#)#5?Q*&C#&L?9$%)#P0%DX&(#$%P*"%&L?9$%)#P0%D&"*4?&L*(#$#X
0%5*&'1&4%P1%&0%)#"*&'&4%P1"0#&^Ia&)10#&UD#&P#0&(%)#<#X&0%5*&'?&4%.#&9%'#('0*X&#&4%.#
L?9$%)#P0*&E*&'#&(#"4*'%D&q&l 

v
GX&*&0%51&51&9#(&!"14#(&0%)#%X&4%&')%5&4$*.*<*X&4%
L?9$%)#P0*D&0#.?4*D#&D%SL#&'&(#D1$%DX&L#&?51L(#P*&)1Q&?&;%'(*&%L%D#Q1(?&)$'"?&(%)<# 
\#&)$1D1&4$1'"%(*V&9%$9*&?&Y#+0%5&41$*N1$*'0*&:?D&%'"#%&51&%91/C.#)J1(&!"14#(&51&"%
*'0%$*'"*%&*&4$%+*$*%&51&')%5?&).#'"&*&(#&'?'1L(1&%9.#'"*&\#V?DJ#&=1>?&4$)*D#X&0%5*
4$*'"#L%+1&?/#&8X&91+1&(1)1'*8'0*&*.*&/#C%$'0*&S?4#(&3%/(#(&3?$P*Q&3$*.*01&'?&?
/1DJ*&9*.1&)$.%&(1'*C?$(1&-?9$%)#P0*&V$%(*P#$*&*&'.?S91(1&08*C1&'4%D*8?&P1'"#
$%9J18#&8*V%)*V&"$C%)#<#X&4$1L?'$1"#8#&(#&4?"?&?&)1Q*D&P1"#D#X&4.1(&'"%01&*&D(%C%
L$?C*V&(14$*5#"(*V&'")#$*&(#&C$#(*<*&`(*&$#L*&"%C#&0$*)1&D(%C1&V?D'01&C.#)#$1X&0#%&31"$#
H%J1(%)*Q#X&"$19*8'0%L$#P1)*P01&)%5)%L1&*&(#$%P*"%&'"%('0?&C%'4%L?&9$#Q?
;$#(*)%51)*Q1 &B#L&51&-?9$%)(*0&L%+#%&?&'?0%9&'#&0$#J1D&!"1)#(%D&[$%+1D&III&$#L*
')%5*V&"$C%)#<#X&0%5*&'?&'1&(#.#/*.*&?&/1DJ*&0$#J#&K.#L*'.#)#X&!"1)#(%)#&"#0D#<#X&/#&)$1D1
8*V%)#&$#"%)#8#&AA &C%L*(1X&%(L#&'1&"%&/.%&4%5#P#.%&5%+&)*+1&3%+"%&'1&(#.#/*.%
(10%.*0%&-?9$%)P#(#&?&C$#L?&`'"$)*<*&/#51L(%&'#&K.#L*'.#)J1)*D&J?L*D#X&0$#J&!"1)#(&51
?&"%D&(#/*$#%&(10*&8*V%)&'4%$#/?D&/#&/#51L(*P0?&#0<*5?&!"%C#&'&81C%)*D&%L%9$181D
4%P1+1&'$4'01&P1"1&*/&:?D#&*&H$19*8#&(#4#L#"*&%")%$1(%&(#&L?9$%)#P0%&4%L$?P51&3%'19(%
'1&*'"#0%+1&?&(14$*5#"1J'")*D#&;$#(*)%51)*Q*&*&C#"#P0*&)%5)%L#&K%5*(&`(*&'?&'&)1.*0%D
)%5'0%D&(#4#.*&L?9$%)#P0?&%9.#'"&*&(#(1.*&5%5&C$L(1&+"1"1&-?9$%)P#(*X&?&(1)%J*X&4%'.#+1
0$#J?&!"1)#(?&L)#&C$#>#(*(#X&L#&D?&$#/.%S1&'")#$&*&L#&C#&?D*$1X&#&?&*'"%&L%9#&'1&%9$#"*+1&*
/#&/#+"*"?&=.1P*Q*D#&]*V%)1&V$%(*01&'4%D*8?X&L#&51&*&9#(&!"14#(&L%4$*(1%&'#&')%51
'"$#(1&L#&51&L%+.%&L%&'4%$#/?D#X&/#?/*D#5?Q*&'1&/#&8*V&0%L&!"1)#(#

Ä&"*D&'?0%9*D#&(1D#&D(%C%&4%L#"#0#&[&'14"1D9$?&AA&C%LX&0#L&'?&H$19*8<*&(#4#.*&\#"%(
*&Y*510?X&0$#J&!"1)#(&51&4%0#/#%&L%'"#&L%9$1&)%J1&`(&51&'#D&%91Q#%&%"+"1"?X&#&')#0#0%&?
'4%$#/?D?&'&8*D&4%'$1L%)#%&51&4$*5#"1J'0*&*&C%'4%L#$&"$19*8'01&%9.#'"*&)%5)%L#&=.#L1(X
$%L%(#P1.(*0&0?Q1&;$#(0%)*Q#&`L&A &C%LX&0#L&'?&-?9$%)P#(*X&'&=1(<%D&=1(P1"*Q1D&(#
P1.?X&'"#.*&%0%&Y?L(*0#&(#&'"$#(?&0$#J1)*V&(14$*5#"1J#X&"#5&'1&%L(%'&4$%D1(*%
-?9$%)P#(*&'?&"%D&4$*.*0%D&/.%&4$%+.*&*&'#')*D&51&$#/?DJ*)%X&+"%&'?&')1&4$1L?/*D#.*&L#
'0.%41&D*$ &-%&'4%$#/?D#&51&L%+.%&"10&2&D#$"#&A, &`L(%'*&'?&51L(%&)$1D1&*/#&"%C#
(#&"%5&'"$#(*&4%'"#.*&'$1>1(*5*&*&91/&)1Q*V&"$/#)*<#&H#L#&51X&A,&C%LX&`9$#L&K%5P*(*Q&*/


 

 A@
H$19*8#&4%L*/#%&')%5?&<$0)?X&#&?&-?9$%)(*0?&51&(#5*D#%&D#5'"%$1&'&$#/(*V&'"$#(#
`L(%'*&'?&'1&4%0)#$*.*&4%(%)%&A&C%LX&0#L&51&H$19*8<*D#X&B%(#)J#(*D#&*
-$#P1)*P#(*D#&/#&%'#D&D1'1<*&9*%&/#9$#81(&L%.#/#0&?&-?9$%)(*0&*&0#L&'1&?&"%D&C$#L?&4%
/.?&'4%D*8#%&K*"%D*$&!"#5*Q
T#'0%$%&'?&-?9$%)P#(*&L%9*.*&4$*.*0?X&L#&4%"4?(%&$#+P*'"1&'&%D$/(?"*D
;$#(*)%51)*Q*D#&`'1"*)+*&4%4?+"#81&<1("$#.(1&).#'"*&*&4$*5#"(%'"&4.1(#&%)*&'?
(#'"#)*.*&4J#P0#81&U/#&0%(#P(%C&*/D*$18#&0$#J1)#&'&-?9$%)P#(*D#X&(#&L)1&(1L1J1X&4#L1
?&L?9$%)#P01&$?01X&7&#4$*.#&A,X&51L#(&%L&"1&9$#Q1X&;$#50%X&/#51L(%&'#&S1(%DX&Q1$0%D
)%5)%L1&K%5*(#&\#")%$*+1&*V&%LD#V&?&D#(#'"*$&!)&R(L$*51&(#&%'"$)?X&#.*&S1(?&4?'"*+1X&(#
/#V"1)&(1&'#D%&'$4'0%C&0$#J#&(1C%&*&9#(#&!"14#(#X&L%0&;$#50#&%'"#)*+1&4$1C%)#$#5?Q*&L#&.*
L#&D?&%LD#V&'?L1&-$S#(&51&(#54$1&F
 &‚ &
 F&?&0?.*X&#&4%'.1&51&/#&8&(#P*81(&4%'19#(
0#)1/&EF FG&3$%"*)&;$#(*)%51)*Q#&0#%&')%5*V&%LD1"(*0#&9*%&51&*&0$#J1)*Q&-?+#(&*&%(&51
"$#S*%&%L&-?9$%)P#(#&L#&N.%"%D&(#4#(?&*&L$?C%C&9$#"#&;$#(0#&E;$#(%5#G&U'"%&"#0%&91+1
4$%"*)&8*V&*&9#(&!"14#(X&0%5*&51&P#0&'0.%4*%&'&Y14?9.*0%D&*&?C%)%$X&L#&*V&4$%C%(*&(#&'?V?
Y14?9.*0#&'1X&4$*&"%DX&%C$#L*.#&?&?C%)%$?X&L#&#0<*5#&(*0#0%&(1&9?L1&?41$1(#&4$%"*)&0$#J#
!"1)#(#&-?9$%)#P0*&0#41"#(*&N.%"1&*D#.*&'?&4%4#.*"*&.#>1&;$#(*)%51)*Q#&*&8*V%)*V
'#)1/(*0#&*/&B$#5*(1X&#&&D#5#&*/L#"#&51&(#$1L9#X&L#&')#0&D%S1&'.%9%L(%&(#4#L#"*&;$#(0#&?
!"%(?&T#&81C%)?&C.#)?X&S*)?&*.*&D$")?X&'"#)J1(#&51&9*.#&*&?<1(#&%L&777&41$41$#&`(&51&(#
"%&%"*+#%&4%0#5(*P0*&0$#J?&!"1)#(?X&#.*&C#&"#D%&%0%)#+1&B$#J&C#&51&V"1%&4%'.#"*&?
\)1P#(X&#.*&(10*&L?9$%)#P0*&4$*5#"1J*X&0%5*D#&51&9*.#&%91Q#(#&(#C$#L#&?&'.?P#5?&81C%)1
4%C*9*51X&*/$#L*+1&L#&9?L1&4%'.#(&?&B%"%$X&CL1&9*&%'?>1(&*&'D#0(?"&?&#)C?'"?&*'"1&C%L*(1
=#50?&;$#(*)%51)*Q#X&0%5#&51&V"1.#&*Q*&0$#J?&L#&D%.*&/#&'*(%)1X&'4$1P*.*&'?&-?9$%)P#(*&L#
(1&%"4?"?51&9%51Q*&'1&'*C?$(%X&L#&9*&D%C.#&?'41"*&T1'$1Q(*&;$#50%&?&-?9$%)(*0?&(*51&9*%
5#)(%&4%C?9J1(X&(1C%&'?&C#&4?'"*.*&L#&'0#4#&%L&C.#L*&[&$#L?&4$%"*)&;$#(*)%51)*Q#&(#
'$4'0%D&L)%$?&/#.#C#%&'1&D(%C%&B%"%$#(*(&H$*41&;?Q#
!)1&%)%&L%9$%&51&9*.%&L%+.%&9#(?&!"14#(?X&L#&'&D#81&*/C.1L#&%")%$1(%C&(14$*5#"1J'")#
+*$*&*&?")$>?51&')%5?&).#'"&?&:?D?&`(&'1&(*51&*D#%&D(%C%&$#/.%C#&"?S*"*&(#
;$#(*)%51)*Q1X&#.*&51&9%$1Q*&'1&4$%"*)&8*V&'"*<#%&4$#)%&(#&%$?S51D&?/1"1&0$#51)1X&#&L#
'$4'0*&0$#J1)*&(*'?&%LD#V&4$*D1"*.*&81C%)1&4$#)1&(#D1$1&`&81C%)%D&$#"%)#8?&?&:?D?
(1D#D%&D(%C%&4%51L*(%'"*&`$9*(*&/(#X&L#&51&0%L&;$*51'"#&*D#.#&81C%)#&)%5'0#&'?0%9&'
;$#(*)%51)*Q*D#&*&L#&'?&?&"%D&'?0%9?&4#.#&L)#&P.#(#&"1&0?Q1&;#(%)?&)%5'0?&)%L*%&51&(10*
Y?S*$X&"#.*5#('0*&'"#$1+*(#&(#5#D(*0#X&0%5*&'1&%L&AA&C%L&5#)J#&0#%&'?'1L&-?9$%)(*0#&*
0%5*&0#%&V?D'0*&C%'4%L#$&4%.#S1&4$#)%&(#&D%C%$*+&-?9$%)P#(*&'?&L%'"#&9$/%&4$%/$1.*
9#(%)1&"1S81&*&/#(*DJ*)%&51X&L#&'?&)1Q&?&.1"%&A6X&0#L&'?&C#&%P10*)#.*&?&D%'"#$'0%D
;*+Q?X&'4$1D#.*&L)#&F')1P#(#&4%'.#(*0#FX&
 
&  
X&L#&C#&4%/L$#)1X
?4%"$19J#)#5?Q*&"%D&4$*.*0%D&*/$#/1&4?(1&$1'410"#&F& &
&  F
T1D#&'?D81X&L#&"%&(*51&L%.#/*.%&'#D%&$#L*&?C.1L#X&0%5*&9#(&?S*)#&0%L&8*VX&(1C%&5%+&)*+1
%L&(#'"%5#8#X&L#&P%)10#X&0%5*&(14$14%$(%&*L1&(#4$1L&*&P*51&4?"1)1&%(*&)*L1&*&P*5*&?'41V
D*'.1&L#&4$1L)*>#5?X&L#&"#0)%C&P%)10#&%9#)1S?&J?9#/(%+Q?&*&"%&(#$%P*"%&(#&%(%D&D1'"?X
0%51&/#&8&4$1"'"#)J#&?&*'"%&L%9#&*&"10%)*(?&*&(%)%&/#0%$#P*)#81&[&3%4%)?&9#(&!"14#(
(#.#/*&?'0%$%&5#0&%'.%(#<&?&4%$%L*<*&')%5*V&'1'"$*Q#&T*0%.*Q#X&0%5*&'?&9*.*&4%"%D<*
=*$%'.#)#&9$#"#&T1D#8*(#X&%L(%'(%&R(L$*51&:?D'0%C
;#(&!"14#(&51&*'"%&"#0%&(#'"%5#%&*'0%$*'"*"*&*&4%D1"8?&*&9%$91X&0%51&'?&(#'"#.1&?
-#.D#<*5*&*/#&'.%D#&4%$%L*<1&e?9*Q#&3#L&=.#L1(%)&*/#/)#%&51&(#&'"$#(*&'?$1)8*)*V
)1.*0#+#&/(#"(1&4$%V"1)1X&0%5*&'1&(*'?&L#.*&.#0%&/#L%)%J*"*&91/&4%)$1L1&L$?C*VX&#&(#
L$?C%5&'"$#(*&%(&51&%41"&4%"#0#%&e?9*Q1X&L#&4$*91$?&*&4%'.1L81&'(#C1X&4#&L#&/#+"*"1&*
4%$%L*P(*&4$1'"*S&*&.*P(?&).#'"&`(*&'&"%C#&"$#S1&)1/1&'#&'?'1L*D#&*&4%/*)#5?&?&')%5&0$?C&*
9#(#&!"14#(#&]*V&51&(#$%P*"%&)$1>#%&?'41V&0(1/#&T1.*4*Q#&0#L&51&L%9*%&B(*(&!4$1D#8#&'1
4%P1+1&(#&%91&'"$#(1&[/&e?9*Q1&'1&%)%C&4?"#&(#+#%&9%'#('0*&9#(X&\#L#$&*&'18'0*&0(1/i&'
T1.*4*Q1D&91+1&H$%C*$X&+?$1&D?&B?$5#0%)*Q*&*&.*)#8'0*&=*V%)*.%)*Q&[&9%$9*&4%L
B(*(%D&?&5?(?&A X&4$1&(1C%&+"%&5%5&L%>1&')#&4%D%QX&e?9*Q1)#&)%5'0#&9*&L%&(%C1&4%"?P1(#


 

 A
/#51L(%&'#&9%'#('0*D&4%D%Q(*D&P1"#D#X&#&'#D&)%>#&c?$%&e?9*Q&/#$%9J1(&;*.%&51&*/C.1L#X
L#&Q1&'1&9%$9#&)%L*"*&*&L#J1X&(#$%P*"%&F4$%"*)&0(1/#&9%'#('0%C&!"14%+#&*&9$#"#&!"14%+1)#
*&81C%)#&(#$%L#FX&*&H$%C*$#(*&&5?.#&*/L#L%+1&?4?"'")#&/#4%)1L(*0?&')%C&%L$1L#X&L#&(1
(#4?+"#5?&T1.*4*Q1)%&4%L$?P51&%'*D&?&'.?P#5?&(#4#L#&4$%"*)&;%'(1&R.*&L%&L#J1&9%$91X
*/C.1L#X&L#&"#L#&(*51&L%+.%&`L(%+#5*&*/D1>?&;%'(1&*&H$%C*$#&%'"#.*&'?&*/#&"%C#&$>#)*
B#L&51X&"1&*'"1&C%L*(1X&0$#J&B#$.%&%4$1D*%&)%5'0?X&L#&'.%D*51&*&T1.*4*Q#X&0#%&4$1&=.#L1(#X
!"14#(&51&*&%41"&9*%&?&'#)1/?&4$%"*)&81C#X&#.*&(*&%)#5&4%V%L&(*51&*D#%&C%"%)%&(*0#0)#
?'41V#&[/1"&51&T1.*4*Q*D#&51L*(%&C$#L&[(#<&=1>?"*DX&/#&)$1D1&"*V&9%$9*X&9#(&51&(#&5?C?X&?
B$#5*(*X&L%4$%&91/&)1.*0#&%"4%$#&L%&D%$#X&*&/#?/1%&P*"#)&0$#5&%L&d1"*(1&L%&T1$1")1&*/?/1)
51L*(*&`D*+&H%&51X&*/C.1L#X&9*.#&<1(#&e?9*Q1)#&/#&81C%)&'#)1/
U(#P1X&9#(&!"14#(&'1&4%"4?(%&%'.#8#%&(#&D#>#$'0%C&0$#J#&_#0&*&?&4*"#8?&S1(*L91&(*51
V"1%&L#&9?L1&4%"4?(%&'.%9%L#(X&(1C%&51&"$#S*%&L%L*$#&'&D#>#$'0*D&L)%$%D&*&?/1%&51&/#&S1(?
$%L*<?&S1(1&0$#J#&B#$.#X&O1.*'#)1"?X&0Q1$&0?51)'0%C&)%5)%L1&B#/*D*$# &=#>#$'0*&51&L)%$
*D#%&?&81D?&4?(%&)1$1&B#L&D?&51&C%L&/#"$19#.#&4%D%Q&9%'#('0%C&9#(#&4$%"*)&%'*J1(*V
'?'1L(*V&)1.*0#+#&L%9*5#%&51&?)10X&0#%&4$%"*)&=.#L1(#&*&T1.*4*Q#X&91/&*0#0)#&?'"1/#8#
Y#L*&"%C#&/#&!"14#(#&(*51&9*.%&D(%C%&%4#'(%'"*X&0#L&51&4#4#&*/&R)*8%(#&A2&C%L
?4%/%$#)#%&0$#J#&B#$.#X&L#&'1&?&;%'(?&F'.1C.#&)1.*0#&C%D*.#&51$1"*0#&'#&D(%C*V&*&$#/(*V
'"$#(#F&*&L#&51&81(#&)1$'0#&/#9.?L#&L%+.#&FL%&S*)%"*8'0%C&91'(*.#F&EF&  & 
  FGX
4#&L#&')*D&'$1L'")*D#&"$19#&'?/9*5#"*&*&*'0%$18*)#"*&"%&/.%&=#>#$'0#&51&9*.#&/#L%)%J(#
L$S#81D&!"14#(%)*D&*&(*51&*D#.#&$#/.%C#X&L#&4%.*"*P0*&*'0%$*+Q#)#&4#4*(?&"?S9?
!"14#(&'#DX&0%D1&4#4#&4*+1&L#&51&)1$#(&81D?&*&<$0)*X
&*/C.1L#&L#&51&D?L$%&$#L*%&'#
%9#L)1&'"$#(1&4%&')%5*D&'*D4#"*5#D#&9*%&51&/#&(#$%L(?&<$0)?&*&4%D#C#%&51&"%.*0%X&L#&51&P#0
?(1'1(&*&?&51L#(&4$#)%'.#)(*&'4*'#0&51$1"*0#X &#.*&51X&*'"%&"#0%X&?0#/*)#%&*
4$1L?'$1"J*)%'"&4$1D#&4#4'0*D&J?L*D#X&4%&')%5&4$*.*<*&*/&%9/*$#&4$1D#&=#>#$'0%5&*&L#
(1&*/#/*)#&'?0%91
[&"%D&D?&51&L%(10.1&4%D#C#.#&*&'#9.#/#(&/#4#L(1&<$0)1&?&;%'(*X&'")%$1(#&'?$1)8*)%+Q?
*/D1>?&L)#&C.#)(#&4$%4%)1L(*P0#&*&*(0)*/*"%$'0#&$1L#&?&/1DJ*X&*/D1>?&N$#81)#<#&*
L%D*(*0#(#<#&B#%&(#&D(%C%&'"$#(#&(#&/#4#L?X&"#0%&'?&*&%)L1&(#'"#.1&*/D1>?&8*V&9%$91&%&"%X
0%&*D#&4$#)#&*(0)*/*<*51&*&)1$'0%C&$1)(%)#8#&$&0%D1&Q1X&4%'.1&?'41+(%C&L1.#X&4$*4#'"*
0%$*'" &-%D*(*0#(<*&'?X&*'"*(#X&L%+.*&4$1X&#.*&'?&?&/#L81&)$1D1&'.#"*&?&;%'(?&'#D%
N$#81)<*X&+"%&51&C%)%$*.%&/#&"%X&L#&4$)*&*.*&(*'?&9*.*&L%)%J(%&#0"*)(*&*.*&L%)%J(%
)1+"*&*&L#&51&"$19#.#&(#0(#L(#&4%D%Q&3#4#&U)#(&^^IIX&P*5#&51&).#L#&9*.#&D%SL#&(#59?$(*5#
?&4#4*('0%5&V*'"%$*5*X&91+1&'1&/#)#L*%&'#&C.#)(*D&4$1"'"#)(*<*D#&N$#81)#<#X&#.*&51X&*4#0X
'D#"$#%&8*V&0#%&4%C%L(*51&/#&)1$'0?&#0<*5?&*&A2&C%L&?4?"*%&51&?&;%'(?&0#%&*(0)*/*"%$#
N$#81)<#&o#9*5#(#&H%&51&*/#/)#.%&L%D*(*0#(<1&(#&4$%"1'"1&*&51L#(&%L&8*V&*/$#L*&%L&4#41X
L#&*D&A6X&&N19$?#$#X&4$*/(#&4%(%)%&4$#)%&*(0)*/*<*51&*&P#0&0$'"#+0*&$#"&4$%"*)
51$1"*0#&h?"&$#L*&"%C#&o#9*5#(&%L1&?&Y*D&*&4%L(1'1&"#D%&"?S9?&$#L*&%D1"#8#&?&$#L?&B#L&51
'#/(#%&/#&$#(*51&4#4'01&?4?"1&N$#81)<*D#X&4#4#&4*'D%D&%L&&5?.#&A6&/#9$#(*
L%D*(*0#(<*D#&L1.%)#81&?&;%'(*&*&4$14?'"*&51&4%"4?(%&8*V%)*D&0%(0?$1("*D#X&#&%&"%D
%9#)1'"*&*&0$#J#&B#$.#&B$#J&51&(#&"%&o#9*5#(#&4$*D*%&"#0%&'$L#P(%X&L#&D?&51&4#4#
4%'19(*D&4*'D%D&/#V)#.*%&(#&"%5&4#S8*&3$1D#&*/)1+"#5*D#&o#9*5#(%)*DX&0%5*&(*51&9*%
/#L%)%J#(&9#.#('*$#81D&9#(#&!"14#(#X&4#4#&51X&A&C%LX&4*'#%&0$#J?&B#$.?X&L#&'1
4%9$*(1X&0#0%&9*&*&9#(&?'$L(*51&4%$#L*%&L#&*+P*'"*&*/&')%51&/1DJ1&51$1'&*&/#9.?L1X&+"%X
4$1D#&"%DX&L%".1&(*51&9*%&'.?P#5&3%$?01&'?&9*.1&4$*.*P(%&?/#.?L(1&3#4*(&/(#P#5&9*%&51
/(#"(%&%'.#9*%&%L&4$1.#'0#&?&R)*8%(&EA72&CG&*&$#L*&(1*/91S(1&9%$91&4%'.1&"%C#&?
<$0)1(%5&V*51$#$V*5*&!&"%C#&!"14#(&(*51&D%$#%&%9$#Q#"*&4%'19(1&4#S81&81C%)*D&S1J#D#
B#0%&51&4#4*(&4$%"*)0#(L*L#"&?&Y*D?X&T*0%.#&IaX&9*%&N$#81)#<X&L%D*(*0#(<*X&$#P?(#5?Q*
(#&/.?&)%J?&U)#(%)?&4$1D#&N$#81)<*D#X&0$1(?+1&4%(%)%&')%51&4*"#81X&(#+"%&U)#(&L%*'"#
%L$1L*&AA7&C%L&(#L9*'0?4*D#&'4.*"'0%D&*&/#L#$'0%DX&L#&*'4*"#5?&'")#$&*&L#&?4?"1&4$1L#
8X&'#&')*D#&L%0?D1("*D#X&4$1"'"#)(*01&%9#&$1L#X&L#X&'#'.?+#)+*&*VX&$1+*&'4%$&T1
D%C?Q*&4%"$"*&')%51&$#(*51&%L.?01X&#&(1%L?+1)J1(&/#&4$%"*)(*P0*&$1LX&?/&"%&4#/1Q*&*


 

  7
<$0)1(1&*&')%51&*("1$1'1X&4#4#&#0"%D&%L&,&5#(?#$#&AA&%L$1L*X&L#&$1/1$)*+1&/#&'191&4$#)%
*/9%$#&*&*D1(%)#8#&9*'0?4#&?&;%'(*X&F4%'"#)J1(%5&D1>?&+*/D#"*P01&(#$%L1FX&/#9$#8?5?Q*
'"$%C%X&L#&'1&*0%51&L$?C%&"1.%X&0%51&51&L%"#L&*D#.%&"#0)%&4$#)%X&8*D&4%(%)%&4%'.?S*
-#&9*&*/91C.*&(%)1&'?'1L1&;$#(*)%51)*Q1)1&)$'"1&-?9$%)P#(*&L%>%+1&(#&D*'#%X&L#&0#0%&*.*
0?41&*.*&/#0?41&!"%(&K1Q&6&5?.#&A,&?&K1.*0%D&K1Q?&%L&7&4$*'?"(%C&)1Q(*0#&,&51
C.#'#.%X&L#&'1&/#&F4%)1Q#81&*&L%9$%&L$S#)1X&"1&L#&9*&51&D%C.*&'*C?$(*51&*D#"*&*&L$S#"*F
'"?4*&?&4$1C%)%$1&'#&0$#J1D&!"1)#(%DX&L#&.*&9*&*D&%(&V"1%&!"%(&%"'"?4*"*&/#&C%L*+8?
0*$*5?&O%+&*'"%C&D1'1<#X&@&5?.#X&*/#9$#(*&'?&4%'.#(*<*&L#&4$1C%)#$#5?&'#&0$#J1)*D
*/#'.#(*0%D&B%"%$#(*(%D&H$*40%D&;?Q%D&B$#JX&0%5*&(*0#0%&(*51&4$*'"#5#%&(#
L1N*(*"*)(?&4$%L#5?X&"$#S*%&51&'&4%P1"0#&/#&(#5#D&777&/.#"(*V&N.%$1(#&C%L*+81&H#&'1
'?D#&?P*(*.#&C$#>#(*D#&)1.*0#X&#.*&'?&*4#0&4$*'"#.*&L#&'1&L#J1&4%C#>#5?&K1Q&A&#)C?'"#
/#0J?P*.%&'1X&L#&'1&L#L?&*&*/)1'(*&4%0.%(*&0$#J1)*D&)1.*0#+*D#X&FL#&(#D&9?L?
4$1L?'$1"J*)*Fi&4%0.%(*&'?&D%C.*&*/(%'*"*&L%&777&41$41$#X&#&*D#.*&'?&'1&'4%5*"*&'
%91Q#(%D&4$1D*5%D&/#&4%C*9*5?&;$#(0%)?&]*V%)#&'1&S1J#&4%'"141(%&$#/)*.#&L%&S?L81&L#
D%C?&L%9*"*&!"%(&/#&?)10&E   G&*&L#&C#&D%C?&F%9/*L#"*&*&?")$>*)#"*&4%&')%5%5
)%J*F&[&"#5&D#V&4%C%L9#&5%+&(*51&D%C.#&9*"*&')$+1(#&*&"$19#.%&51&L#&4$%>1&(10%.*0%
C%L*(#X&4#&L#&'1&4$1C%)%$*&%9(%)1&*/#/)#(*&L$?C*D&4$*.*0#D#
3%'"*C#)+*&L%'"#&?'41V#&?&B$#5*(*&*&:?D?X&9#(&!"14#(&'1&5#)J#&0#%&'?'1L&!"%(#&*
4%"*'0?51&')*D#&'$1L'")*D#&).#'"&'$4'0*V&0$#J1)#&`(&'1&*'"*P1&')1&)*+1X&%"0#0%&51&%'1"*%
L#&'1&'$4'0*&/#)%51)#P0*&*("1$1'&?4?Q?51&4$1D#&5?C%*'"%0?&\#&81C%)%&L$S#81&)$.%&51
0#$#0"1$*'"*P(#&"#&C$#)*"#<*5#&4$1D#&5?C?X&L%0&4$1D#&*'"%0?X&4$1D#&=#P)*X&(#&4$*D1$X&0%5#
51&%L&A&C%L&%41"&?&D#>#$'0%5&).#'"*X&%(&(*51&4$1L?/1%&(*0#L&(*+"#X&*#0%&51&D%C#%X&0#%
-$#C?"*(%)&4%"%D#0X&*D#"*&.1C*"*D(*V&4$#)#&(#&"?&%9.#'"&H%&?4#L#&?&%P*&?&"%.*0%&)*+1X
+"%&9#(&(1&4$%L*$1&'#D%&4$1D#&D%$?&?&+*$%0%5&.*(*5*&%L&d1"*(#&L%&T1$1")1X&(1C%&+"%&51
(#'"%5#%&L#&4%"*'(1&Y#+#(1&*&*/&L%.*(#&-$*(1&*&L%81C&b*D#X&?&4$#)<?&'"#$*VX&*'0%('0*VX
$#+0*V&%9.#'"*&\9%C&"%C#&(#L*$#8#&9#(%)#&L%+.%&51&%0%&A&C%L*(1&L%&9%$91&*/D1>?
Y#+#(#&*&;%'#(#<#&O1L#(&'$4'0*&/#4*'&*/&"1&C%L*(1&'4%D*81&4%91L?&0$#J1)*Q#&-?+#(#&(#L
F91/9%S(*D&*&4%C#(*D&9#9?(*D#FX&CL1&FD(%Cåà&0$)*&4$%.*5#&*&91/P*'.¯(|à&4.(*FX&%L$S#(?
?&%0%.*<*&L#9#$'01&14*'0%4*51&(#&b*D?X&L%0.1&91+1&4$%L$.#&9#(%)#&)%5'0#&[&')%5%5
4%)1J*&%L&C%L&A2 &'#D&9#(&!"14#(X&L#5?Q*&K?0?&*&3#).?&K?0%'.#)*Q?&;#8*<1&'&31Q*X
3%L'"*81&*&L$?C1&(101&%9.#'"*&*&'1.#X&(#)%L*X&L#&"%&P*(*&/#&8*V%)?&)1$(?&'.?S9?&?&9%$9*
B#L&51&9*%&F%?&Y#'*&*&9*&$¯)#(#F&?&9%5(%D&%0$+#5?&0(1/&K?0&D?&51&L#%&')%C&0%8#X&0#L&51&9#(%)
4%C*(?%X&4#&*&"%C&D?&0%8#&F*'*0%+1&(#&'D$¯"¯F&H*&4%L#<*&5#'(%&C%)%$1&%&D1>?'%9(*D
%L(%+#5*D#&"%C#&L%9#&*/D1>?&;%'(1&*&?S1&!$9*51&`(*&4%0#/?5?&*'"%L%9(%&*&/#+"%&51&9#(%)#
#0<*5#&4%'.1&"%C#&5%+&)*+1&9*.#&?4$#)J1(#&(#&5?C&*&5?C%/#4#L&[&Y#+0%5&9#(&51&(#*+#%&(#
(14%'$1L#(&*&%4#'#(&%"4%$i&L%0&51&?&:?D?&*&L#J1&4$1D#&!"%(?&%"4%$&9*%&4%'$1L#(&*&(*0#L
(#$%P*"%&*("1(/*)#(
[&')%D&(#L*$#8?&4$1D#&5?C?&9#(&(*51&*D#%&9%$9*&'#D%&'#&Y#+#(*D#&!?0%9*&'?&*&?&4$*D%$5?
4%5#P#(*&0$#51D&L)#L1'1"*V&C%L*(#X&A&!*C?$(%&$#L*&*/)1'(*V&"$)18#&(#&0$#5*('0%5&%9#.*
*&$#L*&(#'"%5#8#&9#(%)#&4$%"*)&D.1"#P0*V&%"%0#&B%$P?.1&*&;$#P#&4$%"*)&81C#&51&?'"#5#.#&*
D.1"#P0#&).#L#&3$)%&)$1D1&9*%&51&#C$1'*)#(&!"14#(X&#&4%'.1&51&Y14?9.*0#&'4$1D*.#&(10?
D#.?&10'41L*<*5?&R.*&-?9$%)P#(*X&0%5*&'?&*D#.*&'(#9L1"*&51L(?&D.1"#P0?&$#"(?&.#>?X
*/)*(*+1&'1X&L#&*D&51&)$.%&(1/C%L(%&*'"?4#"*&4$%"*)&9#(#X&0%5*&9*&*D&D%C#%&9*"*&%4#'#(&*
(#4$#)*"*&)1.*01&+"1"1&E &#)C?'"#&AAG
&;#(&*D&/#&"%X&*'"*(#X&(*51&4%0#/#%&D(%C%
/#V)#.(%'"*&[&')%D&%L(%'?&4$1D#&-?9$%)(*0?&%(&?%4+"1&(*51&(*0#L&4%0#/*)#%&(10*V
(#$%P*"*V&%9/*$#
-?9$%)#P0*&"$C%)<*&*D#.*&'?&'&8*D&D(%C*V&%0#4#8#X&#&'#D#&Y14?9.*0#&(#$%P*"%&%L&%(%C
L%9#&0#L&5%5&51&4%'"#%&'?'1L&K1Q&?&N19$?#$?&A,&C%L&9*%&51&%9?'"#)J1(&"$C%)#P0*&4$%D1"&'
;%'(%D&*&%9(%)J1(&51&4%'.1&C%L*(?&L#(#X&4%'$1L%)#81D&9#(%)1&D#501X&0%5#&'1&'1Q#.#
L?9$%)#P0%C&C%'"%4$*D'")# &;#(&'1&(*51&L$S#%&'"#$*V&"$C%)#P0*V&"$#L*<*5#X&(1C%&51&V"1%


 

  
L#&(%)*D&?)%/(*D&"#$*N#D#&4%5#P#&')%51&4$*V%L1&[&"$C%)*(*&;%'(#X&*'"*(#X&/#&-?9$%)(*0
5%+&(*51&*D#.#&%(#5&/(#P#5&0%5*&*&Y#+0#&'#&')%5*D&$?L(*D&9%C#"'")%DX&0%51&'1&"#L&$#/)*5#.%&?
4?(%D&510?X&#.*&'1&'&8%D&')1&)*+1&$#P?(#.%&`L&L)#L1'1"*V&C%L*(#&^Ia&)10#&*/&81&'1X&4%$1L
'"%01&*&'"%P(*V&4$%*/)%L#X&4%P*81&*/)%/*"*&*&S*"% 
T1$1L1&?&!$9*5*&AA&C%LX&/#&)$1D1&9%$9*&*/D1>?&0$#J#&!"1)#(#&*&'*(#&D?&-?+#(#X&9#(
!"14#(&51&*&%41"&*'0%$*+Q#)#%&?&:?D?&;#(%)&)%5)%L#&Y?S*$&(#(%'*%&51&AA&C%L&%/9*J(*V
+"1"#&*&-?9$%)(*0?X&4#&51&"$#S*%&*'4.#"?&D%C%$*+#&/#&'191X&#&4%'.1&/#&9#(#&-?9$%)P#(*&'?
L%0#/*)#.*X&L#&'1&D%C%$*+&(1&4.#Q#&(*&0$#J?X&(*&9#(?X&(1C%&4%&'"#$%D&%9*P#5?&'#D%&V?D'0%D
C%'4%L#$?X&%L(%'(%&-1L*Q*D#&?&3%4%)?X&0#%&81C%)*D&(#'.1L(*<*D#&;#(&51&'.#%&J?"*"#
4*'D#&*&4$1"*%X&L#&Q1&*D&?P*(*"*&"%.*01&+"1"1X&L#&(1Q1&(*D#.%&D%Q*&?S*)#"*&%L&')%C&4.%L#
*&)*(%C$#L#&H%&51X&(#$#)(%X&?&4.#+*)%D&-?9$%)(*0?&*/#/)#.%&/198?&*&4%'"*C.%&*/)1'(%
L15'")%&-?9$%)P#(*&/(#L?X&L#&51&8*D#&.#0%&(#+0%L*"*&*&'&"%C#&?4%"$19J#)#5?&')?&')%5?
D?L$%'"&*&)1+"*(?X&L#&*/91C(?&(14$*.*<*&!&"%C#&'1&L%D#.%&'#D*&(?L1X&L#&4%'$1L?5?&*/D1>?
0$#J#&-?+#(#&*&9#(#&!"14#(#X&F& &&&  F&B#L&51&0$#J&-?+#(&L#%
4$*'"#(#0&*/#9$#.*&'?&%(*&7&#)C?'"#&AA&O?(*5#&-$S*Q#&0#%&4%'$1L(*0#&*&?4?"*.*&C#
4%'.1&L)1&(1L1J1&?&;%'(?&-$S*Q&51&*+#%&(10%.*0%&4?"#&%L&9#(#&0$#J?&*&0$#J#&9#(?&*&)%.*%
51&4$1C%)%$1&<1.1&AAA&C%L*(1&['41%&51&L#&'")%$*&'#D%&4$*)$1D1(%&4$*D*$51
[&)1/*&'&"*D&4$1C%)%$*D#&L%+.%&51&L%&'4%$#/?D#&AA&C%L&*&'#&-?9$%)(*0%D&2&#)C?'"#X
D%C.*&'?&81C%)*&J?L*&9*"*&/#L%)%J(*X&0#L&'?&?'41.*&L#&'0.%41&?C%)%$&'#&!"14#(%D&*&L#
%9(%)1&F/#0%(¯X&0*&51&4$)%&9*.¯&D1CÛ&9%'(¨D¯&*&-?9$%)(*0¨D¯FX&(#$%P*"%&?&4%C.1L?
'?L%)#8#&*&"$C%)*(1X&*&L#&%91/91L1&'191&$%0%D&%L&+1'"&D1'1<*&(14%)$1L*)%'"*X&F#0%&$#"¯
9?L1X&P1'#&9%C¯&?.*+*X&D1CÛ&;%'('¨D¯&/&-?9$%)(*0¨D¯FX&L#&9*&"#0%&"$C%)<*&?&9#(%)%5
/1DJ*&D%C.*&.*0)*L*$#"*&4%'.%)1&*&'0.%(*"*&'1&?&C$#L
[&"%D&?C%)%$?&V?D'0#&/1DJ#&'D#"$#&'1&0#%&9#(%)#X&4%+"%&%(&L%/)%J#)#&-?9$%)P#(*D#X&L#&4%
8%5&S*)1&?&'"#$%D&/#0%(?&Y#+0*D&0$#J1)*D#&%'"#%&51&(#&4$*D%$5?&'#D%&!"%(&'#&')%5*D
4%.?%'"$)%DX&0%5*&51X&'0%$%&%"'1P1(&%L&%'"#.1&L$S#)1&*&?C$%S1(&%L&;%'#(#<#X&4%P1%&L#
4$1"'"#)J#&/#&8*V&')1&D#8?&)#S(%'"
3*"#81&!"%(#X&'&%9/*$%D&(#&%)1&4$%D1(1X&0$1(?"%&51&?&K1Q?&[D%J1(*VX&4%'.1&L?S1&4#?/1X
4%(%)%&,&%0"%9$#&AA&*&/#0J?P1(%&51&9*.%X&L#&4%'.#(*<*X&0%5*&"#L&4%.#S#V?&/#&!$9*5?X
4%0?+#5?&*&"?&'")#$&*/)1'"*&(#&0%5*&9*.%&(#P*(&!%0%.*.%&*V&51&'#L&5%+&*&"%X&+"%&51&(%)*
0$#J&-?+#(X&0%5*&91+1&?&4$%.1Q1&"1&C%L*(1&*/&H$19*8#&L%+#%&?&-?9$%)(*0&*&"?&9*%&L%P10#(
'#&')%D&4#S8%DX&4%0#/*)#%&D(%C%&4#S81&4$1D#&-?9$%)P#(*D#&EF &y & 
FG
B$*5?Q*&4$1C%)%$1&%L&')%C&0(1/#&=.1P#(*(#X&0%5*&'#&')%5%D&D#"*<%D&(*51&$#L%&C.1L#%
"1$*"%$*#.(%&4%)1Q#)#81&D#.1&$14?9.*01X&-?9$%)P#(*&'1&%)%C&4?"#&%9$#"*+1&*&9%'#('0%D
9#(?X&51$&'1&L$S#.%X&L#&51&*&%(&F*D#%&$#/.%C#F&L#&'?L1.?51&4$*&%L.?P*)#8?&%&'?L9*(*&!"%(#
T#&L#(&6&5#(?#$#&AAA&=#.%&K1Q1&51&%L$1L*.%&L#&0$#J?&4.#"*&/#&?'"?4#81&L%&@777&41$41$#&*
L#&')#01&C%L*(1&*'4.#Q?51&0#%&'"#.#(&L%V%L#0&4%&277&41$41$#X&#0%&*D&0$#J&4%")$L*&L#&C#&%(*
L%9*5#5?&/#&?)10X&F& X&&&

F&-#&'1&"%&4%'"*C(1&*D#.*&'?&L%9*"*
*/)1'(*&0$#J1)*&)1.*0#+*&L%&777&L?0#"#X&#&T*0%.#&;?Q#&/1DJ*+"1&?&'#D%D&-?9$%)(*0?&*
51L#(&L1%&?&!"%(?&;#(?&!"14#(?&*&81C%)*D&(#'.1L(*<*D#&%9)1/?5?&'1&L#)#"*&'"#.(%
C%L*+81&*'"%&4%&277&41$41$#X&#&%)%D&4$*.*0%D&81D?&'1&L#51&5%+&*&77&41$41$#&)*+1
]1C%)*&)1.*0#+*X&D#81&/(#P#5(*&%L&-?+#(%)*VX&L%9*.*&9*&L%&77&41$41$#&0#%&?/L#$51
`)%C#&4?"#&'")#$&51&?'41.#&-?9$%)P#(*&'?&?P*(*.*&0$#J?&(10%.*0%&?'.?C#&4$*.*0%D
'D*$*)#8#&51L(%C&.%0#.(%C&?'"#(0#&?&\1"*X&*&%(&*D&'1&V"1%&%L?S*"*&\(#%&51&0%.*0%&51&8*D#
9*.%&'"#.%&L#&L%>?&L%&4%'1L#&!"%(#&!1D&"%C#X&-?+#(&(*51&*D#%&D(%C%&$#/.%C#&L#&%L9*51
4%(?L?&/#&51L(?&%9.#'"X&0%5#&'1&(#.#/*.#&C%"%)%&)#(&81C%)#&L%D#+#5#&*&P*5#&9*&C#&%L9$#(#
'"#.#&(1'?D8*)%&)*+1X&(1C%&+"%&%(#&)$1L*&*&(1C%&+"%&/(#P*&/#&81C%)?&D%Q&&5#(?#$#&AAA
%(&51&*/L#%&4%)1J?&L?9$%)#P0*D&4%'.#(*<*D#X&<1(1Q*&8*V%)?&F'$P#(?&.Û9#)¯&*&)$(¨
4%$#9¨"#(¯1FX&*&4$*D*)+*&%/(#P1(?&'?D?&4$14?'"*%&*D&51&!"%(&'#&')*D#&D1>#D#X&*&'&4$#)%DX
L#&C#&?")$>?5?&-#%&*D&51&%'*D&"%C#&*&L1%&?/&D%$1&L%&L?9$%)#P01&D1>1&*&3%'$1L(*<?&F0#0¨


 

  
¨4"1Pà&T1$1")#&L¨&D%$#F &=1>?&')1L%<*D#&"%C#&?'"?4#8#&(#.#/*%&'1&*&4%/(#"*&5?(#0
(#$%L(1&41'D1X&D.#L*&'"#)*.#<&=*.%+&K%5*(%)*Q&!#&'.*P(%D&D%"*)#<*5%D&*/L#%&51&2
N19$?#$#&4%)1J?&*&9#(&!"14#(&]%D&51&%(&FL%&)*10#&)*à0%D#&?&9#ã*(?&*&?&4.1D1(*"%
.ÛL1D¯&L?9$%)#P0*àD¯&#&(#+*D¯&L$#/*àD¯&4$*5"1.àD¯F&L#%&!"%(&'&3$1).#0%D&*&%0%.(1
%"%01X&*&"%&')1&%L&3$1).#01&L%&b%5*+"#X&FL#&*D#Û&*&L$¯S1&*&L#&P*(1&)'?&')%Û&)%.Û&*
V%"*1(*1&0#0%&¨L¯&')%51&')%*1&9#ã*(1F&=%C?&P#0&4$10%4#"*&3$1).#0?&%L&D%$#&L%&D%$#&;#(
'1&"%&%9)1/#%&4%D%Q*&-?9$%)(*0?&?&'.?P#5?&#0%&9*&0%&V"1%&%D1"#"*&-?9$%)P#(1&?&8*V%)?
4%'1L?&Y14?9.*0#&Q1&/#&"%&*'4.#Q*)#"*&%91Q#(*V&277&41$41$#&81D?&*&81C%)*D
(#'.1L(*<*D#&P#0&*&%(L#X&0#L&%(*&D%SL#&*&F(1&9?L?&C%'4%L#&V%D'0%*&/1D.*F&T1Q1X&'1D&"%C#X
?&"#5&0$#5&4?+"#"*&9#(%)1&%LD1"(*01&(*0#0%&FL%&/C%$1(*#&')*à"#F&T#54%'.1X&0#L&C%L&9?L1
L%+#%&?&-?9$%)(*0&9#(&*.*&81C%)*&4%"%D<*&%L'1L#Q1&?&51L(%5&(#$%P*"%&'4$1DJ1(%5&4#.#P*X
91/&*0#0)1&0*$*51
&;%'#('0*&51&9#(&4$#)*%&?C%)%$&'#&)*+1&%9#)1/#X&51$&%(&'")#$(%&(*51
*D#%&4$#)#&(#&!"%(&H#D%X&CL1&51&%(&'#D&9*%&?V)#"*%&0%$1(#X&?&3%'$1L(*<*&*&?&!.#('0%D
3$*D%$5?X&(*51&'1&L#%&4%"*'(?"*&*&'&"%C#&%&"*D&?'"?4<*D#&81C%)#&4%)1J#&(1D#&(*&$1P*
3%'$1L(*<1&-?9$%)P#(*&(*'?&?%4+"1&(*0#L&L%9*.*X&#&!.#('0%&3$*D%$51&*D&51&4$*4#.%
*'"%D&4$1L&0$#5&^Ia&)10#&!&L$?C1&'"$#(1X&%)%&?C%)#$#81&4$#0"*P(*V&L?9$%)#P0*V&"$C%)#<#&'
9%'#('0*D&9#(%D&0#/?51&(#59%J1&0%.*0%&Y#+#(*D#&4%'1L&!"%(#&(*51&9*%&'*C?$#(&T1&9*&%(*
L#)#.*&(%)#<&9#(?&L#&%(&(*51&?C$%S#)#%&*&%4#'*)#%&"#5&0$#5&R&+"%&'?&"%&?P*(*.*X&*#0%&%(
(*51&9*%&'")#$(*&C%'4%L#$&"%C#&0$#5#X&"%&51&%P1)*L(%&/#&"%&L#&9*&C#&'D*$*.*&*&L#&'1&%(&*&8*D#
(1&9*&5#)J#%&0#%&(14$*5#"1J
B$#J&-?+#(X&0#L&51&P?%&/#&%)#5&!"14#(%)&?C%)%$X&0#0%&'#D&)1.*X&$#'$L*&'1&(#&-?9$%)P#(1
`)*&D?&%LD#V&4%'.#+1&4%'.#(*01X&L#&%95#'(1&'")#$&:$%(*P#$*&0#/?5?X&0#0%&'1&%(&4%/*)#%&(#
"%X&L#&'?&-?9$%)P#(*&'.#9*&L#&'#D*&9$#(1&!"%(X&#0%&9*&0%&V"1%&L#&C#&?/D1i&#&%(*&L#&'?
$#/?)1$*.*&81C%)1&J?L1&"*DX&+"%&'?&4$1+.*&L#&+"%&4$1&4%P(?&'#&'*'"1D#"'0*D&4%L*/#81D
?")$>18#&%P?)#(*V&')1&L%&L#(#'&T%)#&0$#J1)#&4%)1J#&%L&&D#5#&AA &"$#S*.#&51&%L
-?9$%)P#(#X&'&8*V%)*D&4$*'"#(0%DX&L#&?&"#5&0$#5&(1&4$*D#5?&L$?C1&J?L1&*/&81C%)#
0$#J1)'")#&%'*D&%(*VX&0%5*&'?&'1&"#D%&)1Q&/#"10.*X&*&L#&L%/)%.1&0$#J1)1&4$1"$#C1&?&"%D
4$#)<?&`'*D&"%C#X&L?9$%)#P0#&'1&).#'"1.#&/#0.1.#X&L#&?&!"%(?&%'"#(1&F4%4¯&'$¯9¯'0*&*&L#
4%*1&?&<$¯0)#V¯F&[&'.?P#5?&$#"#&*/D1>?&0$#J#&*&Y14?9.*01X&!"%8#(*&(1&D%C?&?P1'")%)#"*
0#%&9%$<*&(#&L?9$%)#P0%5&'"$#(* &=%SL#&51&*&%)#&(#41"%'"&*/D1>?&0$#J#&-?+#(#&*&9#(#
!"14#(#&/9%C&'"%('0%C&4*"#8#&9*.#&?/$%0X&L#&51&"1&C%L*(1&!"14#(&"$#S*%&*&L%9*%&L%/)%.?&%L
(#4?J'0%C&0$#J#X&L#&D%S1&*/)1'"*&*/&R4?.*51&0%8#&*&%$?S5# 
[4#L#&?&%P*X&L#&4%'.1&%)%C#&*/)1'(*&9#(%)*&J?L*&4$1.#/1&0$#J?X&4%(10#L&P#0&*&(10*&)$.%
D%Q(*&j?4#(&=*."1(&-$#S*)%51)*QX&(1D*$(*&'?'1L&-?9$%)(*0#X&9*%&51&AA&C%L&?/&9#(#X&#
%L&AA,&)#S*&0#%&0$#J1)&`(&0$'"#$*&'#&')%5*D&J?L*D#&%L&T1$1")1&L%&`(%C%+"#&*&L%&'#D%C
-?9$%)(*0#&*&91+1&51L#(&%L&(#5'*.(*5*V&)1.*0#+#&V?D'0*V&T#&0$#J1)?&'"$#(?&4$1+#%&51
?&"%&)$1D1&*&)%5)%L#&Y?S*$&B&O*$1P10&'"#)J#&8*V%)&4$1.#/#0&?&AA &C%LX&#.*&"%&(*51&"#P(%
[&51L(%D&L?9$%)#P0%D&#0"?&*/&D#5#&AA2&=*."1(&'1&5#'(%&%/(#P#)#&0#%&F&  &  &
l

FX&#&"10&%L&4$%.1Q#&*L?Q1&C%L*(1&=*."1(&*&Y?S*$&%/(#P#)#5?&'1&0#%&#J?L*
0$#J1)*&`(*&'?&'1&0$#J1)*D&4%'$1L%)#81D&*/D*$*.*&'&-?9$%)(*0%DX&4%+"%&51&0$#J
4$*/(#%&C$#>#(*D#&@77&41$41$#&0#%&(#0(#L?&/#&(#(1'1(1&+"1"1&O#&D*'.*DX&L#&51&-?+#(
4%4$#)*%&4%.%S#5&?&:?D?&4%'.1&')%5*V&?'41V#&4$%"*)&=#>#$#X&#&9*.%&51&)1$%)#"(%&*
*/)1'(*V&9#(%)*V&4%'"?4#0#X&0%5*&'?&D?&%"?>*.*&J?L1&O%+&AA&C%L&9#(&'1&'4$1D#%&4$%"*)
%LD1"(*0#&=$L1+1&?&4$*D%$5?X&0%5*&91+1&?9*%&51L(%C&=.1P#(*(#X&#&L$?C1&$#(*%&*&%4J#P0#%X
4#&51&"$#S*%&%L&-?9$%)P#(#&L)1&.#>1&`)*&'?&D?&"%&(#54$1&%L9*.*X&51$&9#(%)*&J?L*&(*'?&9*.*
L%+.*&(#&51L#(&?C%)%$1(*&'"#(#0X&L#&$#'4$#)1&+"1"1&B$#51D&AA2&C%L&%(*&'?&4%(%)%
4$10*(?.*&"$C%)#P01&)1/1&'#&;%'(%D&*&%9(%)*.*&'?&*V&"10&?&5?.?&(#$1L(1&C%L*(1&H%&9*
4%0#/*)#.%X&L#&51&?&9#(%)*D&4%'"?4<*D#&9*.%&L%'"#&'#D%)%J1&*&L#&D?&51&D%SL#&*&"%
%"?>*)#.%&J?L1&R&"%&'1&L%C#>#.%&9#+&?&)$1D1X&0#L&'1&%(X&?&.1"%&AA2X&'4$1D#%&(#&(%)*
9$#0
=1>?"*DX&;%'#(<*&'?&'1&9*.*&4$*.*P(%&?P)$'"*.*&?&:?D?&-%0.1&51&"?&L%4*$#.#&8*V%)#


 

  A
C$#(*<#&(1&L#&'1&"#P(%&?")$L*"*&M%$8#&:1$<1C%)*(#&9*.#&51&')#&8*V%)#&L%&9.*/?&o%5(*<1X&#
L$S#.*&'?&')#0#0%&*&'1)1$(*&L1%&3%4%)#&;#(&51&?&:?D?&AA7&C%L&4%L*/#%&*&(101&C$#>1)*(1
ED%SL#&(10*&C$#LGX&4#&51&/9%C&"%C#&?&-?9$%)(*0?&(#5*D#%&D#5'"%$1&'&$#/(*V&'"$#(#
T1$1")#&51&')#&9*.#&81C%)#&B%.*0%&'?&'1&)1Q&*&-?9$%)P#(*&9*.*&')*0.*&(#&9#(%)?&).#'"
?&"%D&0$#5?&')1L%P*&(#59%J1&P*81(*<#&L#&6&(%)1D9$#&A 7&*D#5?&%)#0)?&91.1+0?&?&51L(%5
')%5%5&(%"#$'0%5&08*/*&F= &&~ñ&&ƒ
&&l
F 
R.*&-?+#(&(*51&9*%&*&51L*(#&%4#'(%'"&/#&9#(#&!"14#(#&Y#L*&)1$'0%C&4*"#8#&?&;%'(*&L%"#L
51&9#(%)*D#&4$1"*.#&%9*P(%&D#>#$'0#&(#4#'"&*&(*0%&)*+1X&*&0#L&'?&'&"1&'"$#(1&9*.*&'*C?$(*
%(*&'?&D%C.*&$#L*"*&+"#&'?&V"1.*&`)%C#&4?"#&'")#$&'1&0$1(?.#&'#&51L(1&9#(?&%L&$#(*51
4$%"*)(*P01&'"$#(1X&#.*&L%"#L&(*0#L&(1/#?/1"1&?&P*'"%&9%'#('0*D&4*"#8*D#&;%'#('0*
9*'0?4&31"#$&91+1&?D$%&?&R)*8%(?&AA &C%LX&CL1&51&4%+#%&L#&%9#)1'"*&4#4?&%&4$*.*0#D#
')%51&L*51<1/1&=#>#$'0*&0$#J&*D1(%)#&D1'"%&81C#&51L(%C&.#5*0#X&#&9%'#('0*&0#4"%.X&0%5*&'1
(#.#/*%&?&c#0%)?X&*/#9$#&/#&9*'0?4#&b%)$?&b%$#(L*5#&*&4$%"*)&4#4*(1&(#$1L91X&%&P1D?&Q1
D#.%&L#J1&9*"*&L#"#&9.*S#&%9#)1+"18#&!&%0.1)#81D&4#4#&4$*'"#L1&(#&"#5&*/9%$X&51$&51
b%)$%&L%4$#"*%&31"$#&?&R)*8%(&*&9*%&D?&4%/(#"&U/&'4*'0%)#&9%'#('0*V&<$0)1(*V&$#P?(#
"%C#&)$1D1(#&/(#&'1X&L#&51&(#4.#"#&9*.#&(1/(#"(#X&F51$&51&D#.%&')1+"1(*0#F&!#D&0$#J&B#$.%&*
V$)#"'0*&9#(&D%$#.*&'?&%4%D*8#"*&J?L1&?&'?'1L'")?&'"#$1&;%'(1&EK$9#'#X&!#(1&*&-?9*<1GX&'
4$1"8%D&)$.%&%+"$%DX&L#&4.#Q#5?&L1'1"*(1&/#&9*'0?4#&/#C$19#P0%C&!"#81&0#"%.*P01&<$0)1&?
%)*D&0$#51)*D#&9*.%&51&L%'"#&91L(%&`'*D&"*V&%9*P(%&(#'*.(%&?"1$*)#(*V&4%$1/#&+"1"*.1&'?
<$0)1(%D&?C.1L?&5%+&*&4%D*8#(1&9%$91&$1L%)#&*&%)#5&'.?P#5&9*'0?4#&.#5*0#X&0%5*&51&$#/5?$*%
')1&')1+"1(*01&0#4"%.#&%'*D&P1")%$*<1&[/&"%&')1&L%C%L*.%&'1&*&"%&L#&0$#J&51L(%&)$1D1&(*51
L#%&(%)%D&9*'0?4?&L#&4%P(1&')%5?&L?S(%'"X&4#&51&'#D&4#4#&;1(1L*0"&:II&D%$#%&D%.*"*X&L#&D?
'1&(1&P*(1&'D1"81&O1L)#&'1&(10#0%&L%+.%&L%&'4%$#/?D#&*&4#4#&@&L1<1D9$#&AA,&*/L#L1
9*'0?4?&4%")$L?&*&4$14%$?P*&C#&*&0$#J?&B#$.?&*&9#(?&!"14#(?

`)1&')1&4%D1"81&4$%"?D#P*&9#(%)&(14$*5#"1J&0(1/&T1.*4*Q&(#&4#4'0%5&0?$*5*&"*DX&+"%
!"14#(&4$*D#&*&4%D#S1&51$1"*01&*&+"%X&4$1D#&"%DX&<$0)#&(1&D%S1&*D#"*&4$#)%C&?'41V#&91/
81C%)#&4%$#/#&T1.*4*Q&'1&'#D&4%(?L*%&4#4*X&L#&'#&V$)#"'0*D&0(1/%)*D#&'")%$*&'(%+J*)%
'"#81&/#&)1$?&]1D?&51&(1'?D8*)%&"$19#.#&4#4*(#&#?"%$*/#<*5#&$#L*&D#>#$'0%C&0$#J#X&L#&D?
%(1D%C?Q*&?&%)%5&'")#$*&*("1$)1(<*5?&?&0%$*'"&!"14#(%)?&3#4#&4$*D*&"?&4%(?L?&*&&D#5#
AA6&?4?"*&4%/*)&0(1/%)*D#&B?$5#0%)*Q*D#X&o$#(0%4#(*D#X&e?9*Q*D#&*&T1.*4*Q*D#X&L#
4%D%C(?&')#0*D&(#P*(%D&T1.*4*Q1)?&#0<*5?&*&L1.%)#81&)1$'0*V&*(0)*/*"%$#&4$%"*)
51$1"*0#&*&8*V%)*V&L%D#Q*(#X&9$#(*"1J#X&4%D#C#P#&*&'.1L91(*0# &=%SL#&'?&%)*&V$)#"'0*
)1.*0#+*&'&4%P1"0#&$#P?(#.*&*&(#&4%D%Q&'&-?+#(%)1&'"$#(1X&51$&51&51L#(&%L&%)*V&4%/)#(*V
B?$5#0%)*Q#X&M$C?$X&9*%&(#&-?+#(%)%D&L)%$?&*&?P1'")%)#%&4$*&4$%L#5*&!"%(# &=.#L1(X
F& 
&s  &&† FX&9*%&51&AAA&C%L&0#'"1.#(&!0%4J#X&)1$%)#"(%&['0%4J#
0%L&-?9$%)(*0#&R.*&0$#J&B#$.%&'"#L1&*&%41"&(#&'"$#(?&!"14#(%)?&`(&')1&"1&)1.*0#+1X
%L&0%5*V&D(%C*&(1&4$*'"#L%+1&(#&4%/*)&Ee?9*Q*X&*&'#D&M$C?$&B?$5#0%)*QGX&%C.#'*&/#
%LD1"(*01&*&'#)1"%)#+1&')%51&)1$(1X&0#%&H$%C*$X&L#&*V&(1&4%D#S?&[&'")#$*X&4%0$1"&51
L%*'"#&9*%&?41$1(&0%.*0%&4$%"*)&!"14#(#X&"%.*0%&*&4$%"*)&B#$.#
!"14#(&'1&'4$1D*%&(#&%"4%$&*&81C%)#&)%5'0#&4%L&S?4#(%D&`'"%5%D&*&;%CL#(%D&M$L%+1)*Q1D
0$1(?&AA@&C%L&?&-#.D#<*5?X&4%L&B.*'X&(1&/(#&'1&L#&.*&L#&C#&9$#(*&%L&T1.*4*Q#&*.*&L#&D?&C#
%"D1&d$0)1(#&).#'"&?&H$%C*$?&9*.#&51X&?&4#4*('0*D&*("1(<*5#D#X&%L.?P(%&4$%"*)&;%'#(#<#
*&9*'0?4&51&/#9$#(*%&')#0%&%4+"181&')%5*V&4#$%V*5#(#&'&8*D#&M$#>#(*&(*'?&4#/*.*&(#&"%&*
0#L&51&9%'#('0#&)%5'0#&4$%.#/*.#&8*V%)*D&0%"#$%D&%(*&'?&*/*+.*&4$1L#&8?&*&4%/L$#)*.*&*
%9L#$*.*&)%5)%L1&;#(&!"14#(&51&/#&"%&6&%0"%9$#&AA&F')%5*D&4%+"%)#(*D&4$*5#"1J*D#F
?&H$%C*$?&L#%&4%"4?(?&'.%9%L?&"$C%)*(1&4%&')%5%5&L$S#)*&'#&')*D&'")#$*D#&F/.#"#X&'$19$#X
9#0$#&*&0%C&9*.%&D1"#.#X&)%'0#&*&0%S#F
R.*&?&*'"%&L%9#X&(#&4$*5#"1J'0*&(#P*(X&9#(&51&9*%&(#&)1$'0#&4*"#8#&?4%/%$1(&*&%L&0$#J#
B#$.#&[&=#>#$'0?&51&9*%&L%+#%X&L#&?$1L*&*/)1'(#&4*"#8#&')%C#&$1L#X&N$#81)#P0*&C1(1$#.
o$#(<?/&*&L%0"%$&!%$9%(1&N$#&M1$#$L&`L%(*'&3%'.1&?'41.1&'0?4+"*(1&?&`'"$%C%(?X&CL1&51


 

 
/#)$+*%&4%'#%&$#L*&0%C#&51&L%+#%X&0$#J&B#$.%&/#D%.*&N$#&`L%(*'#X&L#&'1&?4?"*&*&?&;%'(?&*
"#D%&4$%?P*&*&?$1L*&/#4.1"1(1&)1$'01&'")#$*
3%.%S#5&4$1"'"#)(*0#&0#"%.*P01&<$0)1&?&;%'(*&(*51&9*%&(*D#.%&.#0&H%&'1&)*L*&(#59%J1&4%
"%DX&+"%&'1&L%C#>#.%&L#&'1&*/#9$#(*&9*'0?4*&/#V)#J?5?&(#&')%5*D&D1'"*D#&*.*&+"%&C.1L#5?
L#&(#&8*D#&%'"#(?&+"%&0$#Q1&)$1D1&;*'0?4&M$C?$X&*/&$1L#&!)&R)C?'"*(#X&*(#P1&4$%"*)(*0
0$#J#&B#$.#X&4%L(1%&51&%'"#)0?X&0%5?&D?&51&4#4#&A &C%L&?)#S*%&]1C%)*&(#'.1L(*<*
M)*'0#$&*&;1(1L*0"&'D1(*.*&'?&'1&?&$%0?&%L&"$*&C%L*(1&\#&4$)%C&'1&*&(1&/(#&L#&.*&51&?%4+"1
4$*D*%&(%)?&L?S(%'"X&(#&0%5%5&'1&/#V)#.*%i&#&/#&L$?C%CX&)$.%&V)#J1(%C&L%D*(*0#(<#&$#L*
?P1(%'"*X&/(#D%&L#&51&%"*+#%&/#&(#L9*'0?4#&?&-?9$%)(*0&;%'#('0#&9*'0?4*5#&%'"#.#&51
4$#/(#&*&(#&0?$*5*&'?&'1&%'1Q#.1&')1&(1/C%L1&%L&"#0)%C&'"#8#&UD1(?5?Q*&A&5?.#&A6&(%)%C
9*'0?4#X&?P1(%C&*&%L.?P(%C&L%D*(*0#(<#&31"$#X&4#4#&U)#(&^^II&D?&51&L%'"#&%")%$1(%
4$*0#/#%&"1+0%&'"#81&?&L*51<1/*X&*&4%/)#%&C#&51&L#&')?&')%5?&$1)(%'"&*&/(#81&?4%"$19*&L#
4%4$#)*&4$*.*01&31"#$&51&%'"#%&(#&')%5%5&L?S(%'"*&L?S1X&')1&L%&AA &C%LX&0#L&C#&51&?
R)*8%(?&'(#+.#&'D$"&T#&0?$*5*&'?&%9$#Q#.*&(#$%P*"?&4#S8?&(#&4$*.*01&?&;%'(*&*&4#4#&51
5%+&AA&C%L&9*%&/#L$S#%&*/$*P(%&4$#)%&L#&'#D%&%(&*/#91$1&*&4%'"#)*&/#&"?&L*51<1/?&(%)%C
9*'0?4#&;%'#('0*&0#4"%.X&4$#)L#5?Q*&'1&4%'.1&L#&(*51&/(#%&/#&"?&(#$1L9?X&*/#9$#&/#&31"$%)#
(#'.1L(*0#&b%)$?&b%$#(L*5#&H$19#.%&51&4%'.1&L%'"#&%95#+818#&L#&4#4#&4$*/(#&"#5&*/9%$&-#
'1&'")#$&)*+1&/#4.1"1&L#%&51&9*%&0$#J&B#$.%&9%'#('0?&9*'0?4*5?&51L(%D&')1"%)8#0?&*
/#9$#(*%&51&b%)$*&L#&0#'(*51&%L1&(#&4%')1Q181&4#4*&H#0%&'?&(#'"#.*&'?0%9*&%&)*+1
4%)$1>1(*V&4$#)#&*&0%D41"1(<*5#X&%P*C.1L(%&(#&+"1"?&<$0)1&H10&0$#51D&AA,&C%L&4%+.%&51
b%)$*&/#&$?0%D&L#&').#L#&')1&4$14$101&*&L%9*51&')%51&D1'"%&`(&'1&(#.#/*%&(#&P1.?&9%'#('01
0#"%.*P01&<$0)1X&0#L&51&N$#&`L%(*'&L%9*%&')%5?&D*'*5?
M1$#$L&51&9*%&4%/(#"&0#%&4$*'"#.*<#&'.%9%L(*5*V&'V)#"#8#&?&4*"#8*D#&$1L%)(*P01
L*'<*4.*(1&`(&51X&(#&4$X&V"1%&$#'0$'"*"*&'#&(#P1.%D&L#&N$#81)#P0*&$1L%)(*<*&(1&'D15?
4$*D#"*&(%)#<&\9%C&"%C&')%C&L$S#8#&*/#/)#%&51&5#0?&%4%/*<*5?&4$%"*)&'191X&0%5#&51&"$#S*.#
L#&9?L1&'D181(&3%'"%5*&D*+J181X&L#&51&%(&0$1(?%&?&;%'(?&'&(#D1$%D&L#&*/91C(1&'0?4+"*(?
')%C&$1L#&*&')1&4$%"1'"1&0%5*&9*&'1&(#&8%5&5#)*.*&4$%"*)&81C#&-%*'"#X&A &C%L&%(&51
(#4?'"*%&L?S(%'"&C1(1$#.#X&4%+"%&C#&51&4#4#&*D1(%)#%&#("*%V*'0*D&4#"$*#$V%D&*
?4$#)(*0%D&0#"#('01&9*'0?4*51 &K1$%)#"(%&51&M1$#$L?X&L#&9*&4%5#P#%&')%5&4%.%S#5X&"$19#%
*&(10*&?'41V&?&51L(%5&)1$'0*&?C$%S1(%5&/1DJ*X&4#&'1&*&'#D&.#0%&%L.?P*%&(#&%)#5&4?"
B$#J&51&%&81C%)%D&L%.#'0?&%9#)1'"*%&9#(#&!"14#(#&%9$#"*)+*&D?&4#S8?&(#&/(#P#5&%)%C
P%)10#&U/&%9/*$#&4$1D#&D#>#$'0%D&0$#J?&9#(&51&*/*+#%&4$1L&C1(1$#.#&*&L%P10#%&C#&'#&')%D
4%P#+Q?&[&4$1C%)%$*D#X&0%5*&'?&'1&)%L*.*&*/D1>?&8*VX&9#(&51&'&D(%C%&4$1L?'$1"J*)%'"*
'#'.?+#%&$#/.#C#8#&M1$#$L%)#&*&%L%9$#)#%&81C%)1&(#P1.(1&%L.?01&4$%"*)&51$1"*0#X&#.*&C#&51
'#')*D&%")%$1(%&4%')1"*%&*&?&')%5&4%.*"*P0*&4%.%S#5&[&'?'1L'")?&*D#&F+*/D#"*0#F&81D?
(14$*5#"1J'0*V&*&0#L&%(&4%P(1&#0<*5?&4$%"*)&51$1"*0#&%(*&Q1&'1&(1'?D8*)%&(#Q*&/#51L(%&*
?C$%/*"*&81C%)&L$S#)(*&%4'"#(#0&O1$1"*<*&Q1&'#D*&(1'?D8*)%&"$#S*"*&4%D%Q&0%L
F+*/D#"*0#FX&0#L&%'1"1X&L#&*D&51&?&4*"#8?&P*"#)#&1C/*'"1(<*5#&-?+#(&51&D%Q#(&*&)$.%
%4#'#(&*&4$%"*)&81C#&%(&9*&'1&D%C#%&%L$S#"*&'#D%&0#L&9*&*&4#4#&*&D#>#$'0*&0$#J&'"#.*
4%"4?(%&?/&81C#&'#&1N10"*)(%D&'(#C%D&`&"*D&4$1C%)%$*D#&M1$#$L&51&*/)1'"*%&%LD#V&?&Y*D&*
@&N19$?#$#&A 7&'"*S?&4#4*(#&4*'D#&*&0$#J?&*&!"14#(?&*&M1$#$L?&3#4#&;1(1L*0"&^II
V)#.*&9#(%)?&4$1L?'$1"J*)%'"X&L#&%9(%)*&')1&<$0)1X&F0%51&'#L&"#D%&.1S1&%9#J1(1&*
$#/$?+1(1F&*&%91Q#51&D?X&L#&Q1&/#&1(1$C*P(?&#0<*5?&4$%"*)&51$1"*0#&/#D%.*"*&/#&4%D%Q&(1
'#D%&D#>#$'0%C&0$#J#&(1C%&*&L$?C1&)1$(*01&*/&'?'1L'")#&`(&51&)1Q&*&%L&=#>#$#&9*%
%9#)1+"1(&%&%4#'(%'"*&'&-?+#(%)1&'"$#(1
&B$#J?&B#$.?&51&4*'#%X&L#&')#0#0%&4%D%C(1
9#(#&E 
&
X&
&&

&&

&&
& 
G &B#0%&51&"#&4%D%Q&9*.#
)$.%&(1%L$1>1(#X&#&!"14#(&*D#%&$#/.%C#&L#&'1&9%5*&*&/#/*$1&%L&-?+#(#X&%'%9*"%&4%'.1
D#>#$'0%C&(1?'41V#&?&$#"?&'&8*D1&%L&AA2X&%(&*/C.1L#&(*51&4%L?/*D#%&(*0#0)1&%9*D(*51&*
%4#'(*51&#0<*51X&#&4#4*('0?&(#0.%(%'"X&0#%&*&%(?&0#"%.*P0%C&0.1$#X&L%9*%&51&4%D#C#81D
<$0)1&*&0#"%.*P01&)1$1X&#&*/(#L&')1C#&"*DX&+"%&51&*&'#D&4$*D*%&0#"%.*<*/#D&['41V&M1$#$L%)
9*%&51&?&%P*D#&4#4'01&0?$*51&(#$%P*"%&<181(&3#4#&B.*D1("&aI&0#S1&9#(?X&0#0%&'1&%L&'$<#


 

  2
%9$#L%)#%&F& &‚  & & ‚
&&  & & & 
&& &

v&& &&
 & 
& F &T*51&(1D%C?Q1X&L#&51&9#(&N%$D#.(%&9*%
0#"%.*0&*&%L&$#(*51X&4%&')%5&4$*.*<*&%L&')%51&S1(*L91&'#&0#"%.*P0%D&4%J'0%D
4$*(<1/%D&3$)*&N$#81)#P0*&)*0#$&?&;%'(*&4%'"#L1&N$#&31$1C$*(&!#0'%(#<X&'"$#(#<X
4%?/L#(*0&M1$#$L%)X&P%)10&%L&)1Q1&*(*<*#"*)1
3$*.*01&?&-#.D#<*5*&L%9*5#.1&'?X&D1>?"*DX&')1&)*+1&0#$#0"1$&#("*D#>#$'01&4%.*"*01
=.1P#(*&'?&'1&9*.*&4%"4?(%&%L%D#Q*.*&'0%$%&?&')*D&C.#)(*D&4$*D%$'0*D&%4+"*(#D#&*
)$+*.*&%"?L&/(#"#(&?"*<#5&(#&/#.1>1&"$#S1Q*X&L#&*&"#D%&4$%+*$1&')%5?&).#'"&H$%+1(*
?/#5#D(*D&9%$9#D#&4%51L*(*&)1.*0#+*X&L#&9*&*D#.*&5#P1C&%'.%(<#X&'#D*&"$#S1&)1/#&'&8*D#&*
?).#P1&*V&"#0%&?&')%51&?(?"$#+81&9%$91&e?9*Q*X&5%+&?)10&%L&?"*<#5#X&L$S1&*/)1'(*D&L1.%D
?/&0$#J#&D#>#$'0%C&*&9#(#&9%'#('0%C&!&%)*D&P#0&4%'"#5?&')1&*("*D(*5*&;#(%)&9$#"
K.#L*'.#)&?/*D#&AA@&C%L&O1.1(?X&0Q1$&0(1/#&c?$1&e?9*Q#i&*/&"%C&9$#0#&4%"*P1&!"14#(%)
(#'.1L(*0&*&(#5'*.(*5*&9%'#('0*&).#L#$X&!"14#(&H)$"0%&R.*&L$?C#&C$#(#&e?9*Q#X&'&0(1/%D
3#).%DX&'&%LD1"(*0%D&%L&9$#"#&=.#L1(#X&L$S*&%")%$1(%&'"$#(?&=.1"#0#X&4#&4%.#0%&?).#P*&?
')%5&'#)1/&*&%'"#.1&'?4.1D1(*01&?0#/?5?Q*&*D&(#&"%X&L#&%L&0$#J#&(1D#5?&(*0#0)1&/#+"*"1&(*
4%D%Q*&?&L?C%5&9%$9*&4$%"*)&T1.*4*Q#&R&%)1&'?&%(*&'D#"$#.*&0$)(*D&(14$*5#"1J*D#&')%51
0?Q1&B#L&51&A A&C%L&=.1"#P0#&Y14?9.*0#&0$1(?.#&%")%$1(?&#0<*5?&4$%"*)&"%C&D%Q(%C
)1.*0#+#&*&81C%)#&'*(%)<#&B%('"#("*(#X&%(#&51&*D#.#&?/#&'1&')1&81C%)1&4$%"*)(*01X&"%&Q1
$1Q*&'0%$%&<1.%&3$*D%$51&K.#'"&*&?"*<#5&D#>#$'0%C&0$#J#&(#&"*D&'"$#(#D#&51L)#&'?&'1
%'1Q#.*&B#$.%&Y%91$"&?D$%&51&,&5?.#&A X&#&'*(&D*&b#5%+&*D#%&51&"10&+1'(#1'"&C%L*(#
K1Q&51&B#$.%&4$*D1Q*)#%X&L#&81C%)#&D%Q&?&-#.D#<*5*&/(#"(%&'.#9*&*&'4$1D#%&'1X&L#&4%>1
"#D%&*&(#4$#)*&$1L#X&#.*&'?&C#&%D1.*&9%.1'"&*&51L#(&(#4#L#5&H#"#$#&(#&=#>#$'0?&=.#L*
0$#J&(*51&9*%&.%+1&%9#)1+"1(&%&4$*.*0#D#X&*&P*D&51&?$1L*%&%L(%+#51&?&!1LD%C$#L'0%5
%L.?P*&L#&0$1(1&*&4$%"*)&-#.D#<*51&T#54$1&?4?"*&"#D%&')%C&9#(#&'&)%5'0%D&(#$%P*"%&4$%"*)
D%Q(*V&T1.*4*Q#
;#(&!"14#(&(#.#/*%&'1&?&"%&)$1D1&(#&D?<*&0#0%&L#&'1&%4$1L1.*&`(&51X&*/C.1L#X&'?D8#%&?
'4%'%9(%'"*&5%+&)$.%&D.#L%C&0$#J#&*&L$S#%&51&L#&9*&4%D%Q?&=.1"#0#&4$1&4%'"*C#%&')%5&<*J
L#&4%'.1&4%$#/#&T1.*4*Q#&'#D&4%'"#(1&(1%'4%$#(&C%'4%L#$&;%'(1&*&-#.D#<*51X&(#&<1.%D
4%L$?P5?&(10#L&D%Q(1&=.#L1(%)1&L$S#)1&!1D&"%C#X&)*L1%&51&0%.*0%&51&)1.*0%&(1/#L%)%J'")%
4$%"*)&T1.*4*Q#&*&0#0%&'?&*/C.1L*&81C%)*V&4$%"*)(*0#&/#&?'41V&'0%$%&(1%'4%$(*&Y#L*&"%C#
%(&51&A A&C%L&4%/)#%&=.1"01X&L#&'"?41&'&8*D&?&'#)1/X&0%D1&9*&'1&4$*L$?S*.#&V$)#"'0#
C%'4%L#&'#&L#.D#"*('0*D&C$#L%)*D#X&#&1)1("?#.(%&*&0$#J&-?+#(&-?+#(&51&"$19#%&L#&?>1&?
'#)1/&4%&9#(%)?&D*+J18?&'&"%C#X&L#&9*&(#&"#5&(#P*(&9#(&4%'"#%&'*C?$#(&%L&81C%)#&(#4#L#5#&'
.1>#i&#0%&-?+#(&"%&(1&9*&V"1%X&%(L#&9#$&L#&'1&'")%$*&%L9$#D91(*&'#)1/&/#&;%'(?&*&-#.D#<*5?
`'*D&"%C#&D%.*%&51X&L#&?&=.1<*D#&D%S1&(#9#)*"*&%$?S5#&!*8%$*5#&51&!"14#(%)&4$1L.%C
4$*D*.#&%/9*J(%&;#(&51&D%Q#(&*&D%S1&9*"*&%L&0%$*'"*&4$*&9%$9*&'&b#5%+1Di&'&"%C#
L#.D#"*('0*&C$#L%)*&D%C?&*&"$19#&L#&4$1C%)#$#5?&'&8*D&R.*X&L#&(1&9*&91/&4%"$191&*&4$1
)$1D1(#&*/#/)#.*&4$%"*)(?&#0<*5?&0$#J1)?&(*51&'1&'D1.%&?&4$1C%)%$*D#&(*CL1&'4%D1(?"*
*D1&Y14?9.*01&U/$1P(%&'?&%"0.%(*.*&L#&%(*&'(%'1&*/L$S#)#81&)%5'01&*&"$%+0%)1&/#&$#"
U/)%/&%$?S5#&9*%&51X&(#$#)(%X&L%/)%J1(&-?+#(&'1&)1Q&(#.#/*%&?&9%$9*&*&'&0$#J1D
b#5%+1DX&0#%&+"%&51&9*%&*&'&81C%)*D&%<1DX&$#L*&=#P)1X&4#&51&=.1<*D#&9*.%&')151L(%&L#
.*&51&*&N%$D#.(%&?&'#)1/?&3$1D#&8*V%)?&L$S#8?&?&9#(%)%5&'")#$*&P#0&*D&51&%)#0#)&%L(%+#5
9*%&*&4$*5#"(*5*
R.*&!"14#(&(*51&9*%&'*C?$#(&!&-?+#(%D&51&*D#%&'"#$*V&$#P?(#&*&%(&'1&'&$#/.%C%D&'"#.(%
4$*9%5#)#%&%L&81C#X&#&?'"$?P#)#81&=.1"#0#&(#C%(*.%&C#&51&(#&5%+&)1Q?&%4$1/(%'"&B#L&'1
%L&'"$#(1&Y14?9.*01&'4$1D#.#&)%5(#&#0<*5#&4$%"*)&T1.*4*Q#&(*51&'1&V"1.%&L#&'1&'")#$
0%D4.*0?51&*&L#&'1&L$?C*&?4.*Q?&?&"1&4%'.%)1i&'&"%C#&'D%"$1(*&=.1P*Q*&+#J?&4%'19(%C
4%'.#(*0#&9#(?X&O#0%91.#&K1(1$*5#X&F& &  && &  FX&L#&'1&%(&(1&0$1Q1X&L#
(1&9*&?P*(*%&+"%C%L&4$%"*)&"1S8#&Y14?9.*01&-?+#(X&/#?/1"&A &C%L&9%$9#D#&4$%"*)
M$0#X&(#4?+"#&$#"&(#&'1)1$(*D&C$#(*<#D#&%'"#5?Q*&?&%L9$#(*i&*&9#(&4%&')1D?&"%D&)*L*X&L#
9*X&?&'.?P#5?&L#&*/#/%)1&=#>#$1&4$%"*)&'191X&%'"#%&'#D&=.1P#(*&C#&(1Q1&?&L$?+")%X&-?+#(#


 

  ,
'1&L#.D#"*('01&'")#$*&(1&"*P?X&#&=#>#$*&%'1Q#5?&L#&51&9%$9#&?&(#5)1Q%5&D1$*&?41$1(#&4$%"*)
8*V%)*V&4%/*<*5#&(#&5#L$#('0%5&%9#.*&!"14#(&'1&L?C%&0%.19#%X&#.*&'1X&*4#0X&%4$1L1.*%&/#
=#>#$1&B#L&51&5%+&P?%&*&/#&'*.(?&0$#J1)?&)%5'0?X&0%5#&51&4%.#/*.#&/#&-#.D#<*5?X&%(&'1&$1+*
0%(#P(%&*&(#&4$%.#'0?&0$#J1)%D&4$*L$?S*&D?&'1&4%0%$(%&?&;*V#Q?&[&-#.D#<*5*X&D1>?"*DX
4%"*<#(*&=.1P*Q*D#&(10*&V$)#"'0*&)1.*0#+*&?'"#+1&%")%$1(%&4$%"*)&0$#J#X&(#$%P*"%
-?+#(%)&4$*5#"1J&M$C?$&B?$5#0%)*Q&*&$#"%9%$(#&?L%)*<#&0(1/#&T1.*4*Q#&'#&'*(%D&U)#(%D
`L&=.1P*Q#&'1&%41"&%LD1"(?&C$#L&\#L#$&*&?4?"*&4%'.#('")%&L#&4%/L$#)*&0$#J#X&+"%&L#L1
4%)%L#&L?C%D&$#"?&*/D1>?&=#>#$#&*&Y14?9.*01&H#5&.%0#.(*&'?0%9&%")%$*%&51&4*"#81X&0%51&51
9*.%&D(%C%&L?9J1C&/(#P#5#&*&0%51&51&"$19#.%&/#&L?C&(*/&C%L*(#&L#&$1+*&'4%$181&%0%
4$1).#'"*&?&-#.D#<*5*&*/D1Q?&=.1"#0#&*&[C#$'01
;#(%)%&?P1+Q1&?&$#"?&(*51&9*.%&?)10&4%L51L(#0%&[&/*D?X&?&5#(?#$?&A 2X&L%9*%&51&%L
L?9$%)#P01&C%'4%L1&4%"4?(%&%4$1DJ1(?&.#>?&/#&')%5?&4%'.?C?X&)1$%)#"(%&/#&%9*.#S181
')%5*V&4$*D%$'0*V&%9.#'"*&#&D%SL#&*&L$?C*V&D1'"#&?/&%9#.?&!&4$%.1Q#&"1&C%L*(1&?P1'")%)#%
51&'&9#(%D&T*0%.%D&F&4%&/#4%)1L*&4$15#'(%C&0(1/#&*&(#+1C&C%'4%L#$#X&C%'4%L*(#&h?L1)*L#
9%S*5%D&D*.%+Q?&0$#J#&D#>#$'0%CF&?&4%L?/1Q?&4$%"*)&T1.*4*Q#&*&'0.%4*%&51&0#%&0$#J1)
P%)10&'&8*D#&A&5?(#&*&?C%)%$X&4%&0%D&'?&?L%)*<#&*&81(&'*(&D%$#.*&%"'"?4*"*&0$#J?
C$#L%)1&[(#<X&3%P*"1JX&!$9&*&!"%CX&#&/#L$S#"*&B(*(&*&;$1P1)%X&L%0&(1&L%9*5?&d1"*(?&'#
')*D&D1>#D#&*&C$#L&B.*'&F&(#+%D&*.*&0$#J1)'0%D&).#+Q?FX&#&%(L#&*&"#&L)#&D1'"#&D%$#5?
4$1L#"*&F&91/&4*"#8#&*&%L.#C#8#F&[C%)%$&51&4*'#(&?&B(*(?&4%(*S1(%DX&#.*&(1*&4#.%D&?
9%$9*X&*&/#L%)%J*%&51&51L(?&'"#$?&S1J?&9#(%)? &B$#J&51&4%'.1&(1+"%&?9.#S*%&"1&?'.%)1&*
L#%&4?(?&D*.%'"&D.#L%D&T1.*4*Q?&0#%&*&4%0#5(*0?&M$C?$?&B?$5#0%)*Q?X&0%5*&'1&0#'(*51&%41"
%9$(?%&4$%"*)&81C#
B#L&'?&=.1P#(*&4%'.#.*&10'41L*<*5?&L#&0#/(*&\#L#$&$#L*&%LD1"(*+")#X&C$#>#(*&'1&?&(1)%J*
%9$#"*+1&/#&4%D%Q&0$#J?X&#&%)#5&*&%41"&?4?"*&9#(%)1&!"14#(#&*&T*0%.?X&0$#51D&51'1(*X&L#
'4#'?&C$#L&`)%C#&4?"#&!"14#(&51&9*%&D#81&$1)#(&3$%"*)&T1.*4*Q#&9*.%&51&'"#$1&D$S81X&#
%(&51&*D#%&*&.*P(*V&$#/.%C#&L#*D&'0$+*&D%Q&3$1D#&=.1<*D#X&0%5*D#&51&(1L#)(%&(?L*%
'#)1/&*&S1.1%&%'"#"*&4$*5#"1JX&81C%)&51&4%.%S#5&9*%&L$?0P*5*&*&"1S*&U&'&"%C#X&L%+#)+*&?
4$*.*0?&L#&*'"?4*&4$%"*)&8*VX&%(&51&L%'41%&D1>?&L)1&)#"$1&*&'#D%&'1&4#/*%X&L#&C#&(*51L(#&(1
%41P1_*(*&)%J?&D#>#$'0%D&0$#J?&*&%L.#/*&(#&%L$1>1(%&D1'"%X&#&0#L&51&'"*C#%&"#D%
4%0?+#%&51&%LD#V&L#&?)1$*&*&=.1P*Q1&0#0%*D&(*51&(14$*5#"1J&`(&(#.#/*&)1/1&'&8*D#X&0%51
?&C$#L?&(*'?&%'"#.1&(14$*D1Q1(1X&*&"1S*&L#&*/D*$*&%91&'"$#(1&`)%&D?&L%*'"#&?'41&/#&)$1D1
%L&(101&L)1&(1L1J1X&*#0%&'&4$%"1'"*D#&\#L$#(#&`(*&'?&)1$%)#.*X&*&"%&'?&P#0&*&/#91.1S*.*X
L#&'?&=.1P#(*&4%LD*"*.*&!"14#(#&*&"#0%&4%'"*C.*X&L#&51&0$#J1)#&4%D%Q&%'"#.#&'")#$(%&91/
?"*<#5#
&Y#L*&"%C#&51L(%&8*V%)%&4%'.#('")%&%L.#/*&b#5%+?&*&"$#S*&4%(%)%&'$L#P(*5?
/#+"*"?&B$#J&(#&"%&%91Q#X&L#&Q1&L%Q*&'#D&?&C$#L&*&'&0$#5#&/*D1&4%P1&'1&L%*'"#&*&'4$1D#"*&/#
4%V%L&[4.#+1(*&=.1P*Q*&'D*+J#5?&%LD#V&0#0%&L#&'1&%91/91L1&*&D1>?&%'"#.*D&4%D*+J#5?
*&(#&9#(#&!"14#(#&A&N19$?#$#&A ,&/#0J?P?51&'1X&L#&'1&'4$1D1&L)#&4%'.#(*0#&?&;%'(?
F(#5%4$1/(*5*D&(#P*(%D&+"%&D%S1&9*"*FX&L#&D?&/#V)#.1&(#&L%9$%5&)%J*X&0%5?&51&4%0#/*)#%
4$1D#&8*D#&*&L#&C#&*&%41"&/#L%9*5?&/#&4$*5#"1J'")%&*&(#0.%(%'"&[&"%D&4%'.?&D(%C%&'1
?/L#5?&*&?&N$#81)#P0%C&)*0#$#&N$#&31$1C$*(#X&0%5*&51&/(#%&%L.*P(%&%L(%+#51&9#(%)1&*&9*%
%L&?"*<#5#&0%L&81C#X&#&?&*'"%&)$1D1&9*%&4%?/L#(&4$*5#"1J&=.1"#0#&3%0?+#5&(*51&%'"#%&91/
?'41V#X&51$&@&#4$*.#&Y14?9.*0#&'4$1D#&4%0.%(1&/#&!"14#(#&?&)$1L(%'"*&%L&777&L?0#"#X&#
81C%)%D&4%'.#(*0?&*D#.%&51&L#&'1&L#L1&27X&F4%+"%&'1&4$1&9?L1&C%)%$*.%&'&N$#"$%D
31$1C$*(%DF&?&=.1<*D#X&0%D1&'1&4%'.1&%L$1>?5?&L#$%)*&L%&77&L?0#"#&31$1C$*(&51&@
#4$*.#&?4?Q1(&?&;%'(?X&51$&9*&"#D%&D%C#%&9*"*&D(%C%&0%$*'"#(&/#&(#+1&4%'.%)1F &;#(&51
5#)*%&Y14?9.*<*&+"#&51&/(#%&%&0$#J1)*D&(#D1$#D#&*&'#)1"%)#%&5%5X&L#&4%+#J1&4%'.#(*01
b#5%+?X&0#%&+"%&51&"%&4$1&?P*(*%&*&#?'"$*'0*&)%5)%L#&`(*&'1X&4%$?P*.*&'?&9#(?X&(*'?
%C.?+*.*&%&4$*5#"1J'01&'#)1"1&*&4%'"?4*.*&'?&"#0%X&#.*&51&0$#J&"$#S*%&0#%&4$)*&?'.%)
4$1C%)%$#X&L#&Y14?9.*0#&L*C(1&)%5'0?&%L&\#L$#X&+"%&51&/#&8?&(1D%C?Q1&!&"%C#&(1&D%C?&%)%C#
4?"#&4%(%)*"*&*'"1&0%$#01X&L%0&(1&L%/(#5?&L#&.*&0$#J&%L?'"#51&%L&"%C&/#V"1)#&;#(#X&0#%
'"#$%C&4$*5#"1J#X&?&0%C#&'1&FD(%C%&(#L#5?&*&4%?/L#)#5?FX&D%.1X&L#&*V&4%'#)1"?51&+"#&'#L&L#


 

  6
$#L1X&0#L&'")#$*&"#0%&'"%51 &`P1)*L(%&51X&L#&D?L$*&=.1P#(*&(*'?&"$19#.*&81C%)1&4%?01X
(1C%&'?&V"1.*&L#&'"#.(%&%L$S#)#5?&9#(#&0#%&')%C&4$*5#"1J#X&+"%&9*&*DX&?&1)1("?#.(%D&$#"?X
/(#"(%&%.#0+#.%&4%.%S#5&U/&*'"%C&$#/.%C#&L%/)%J#)#5?&2&5?(#&e*91(P#(*D#X&L#&/#&')%51
L%9$%&EF & & FG&L#$*)#5?&9#(%)1&*&L#&H$%C*$#(*&4%+#J?&4%'.#(*0#&9%'#('0%D
9#(? 
[&"%&4%(%)%&'"*S1&0$#J&b#5%+&'#&)1.*0%D&)%5'0%DX&L#&*'0?4*&%91Q#81&L#"%&\#L$#(*D#&;#(
!"14#(&51&*&%41"&'&8*DX&#.*&'"#.(%&?&)1/*&'&=.1P#(*D#&*&?)10&'4$1D#(&L#&4%'$1L?51
=.1P#(*X&(1'*C?$(*&/#&*'V%L&'")#$*X&%91Q#)#5?&77777&L?0#"#&0$#J?X&#0%&'1&%L$1P1&\#L$#&*
%'"#.*V&4%'1L(?"*V&C$#L%)#&L#.D#"*('0*VX&#&7777&L?0#"#&L#5?&4%'$1L(*<*D#X&0%5*&9*
'$1Q(%&*/)1.*&"?&'")#$X&F& &È&
  
& 
F&B#L&51&&5?.#&L%+.%&L%&9%$91
\#L$#(*&9*+1&4%$#S1(*&/9%C&(1#0"*)(%'"*&)%5'01X&0%5#&*D&51&*D#.#&4$*'0%P*"*&?&4%D%Q&U
%)%C&4?"#&%(*&'?&"%&4$*4*'*)#.*&*/L#5*&*&L$S#8?&9%'#('0%C&9#(#X&*&"%X&P*(*&'1X&(1&91/
$#/.%C#&U/&/#4*'(*0#&D.1"#P01&!*8%$*51&/(#&'1&4%?/L#(%X&L#&'?&D.1"#P01&)%>1&L%*'"#
)%L*.1&4$1C%)%$1&'#&9#(%D&!"14#(%D&*&L#&%)#5&(*51&S1.1%&$1+181&4*"#8#&$#"(%D&'$1Q%D
=.1P#(*&4%(%)%X&*&4%'.1&4%91L1X&(?L1&'"#$1&')%"1&/#&%L$*<#81X&'#D%&*V&'?S#)#5?&'#L&?
"%.*0%X&+"%&L#5?&,7777&L?0#"#&0$#J?X&#&7777&)1.D%S#D#X&#0%&'1&"%&%L$*<#81&9?L1
%L(%'*.%&'#D%&(#&\#L#$&*&(#&')1&+"%&'4#L#&?/#&8&[&9$/%X&L%*'"#X&*&4%P1+1&4$1C%)%$*X&*
0$#JX&)*L1Q*&L#&%L&)%5(*P0*V&?'41V#&(1Q1&9*"*&(*+"#X&%'"#)*&%4'1L#81&*&)$#"*&'1&0?Q*
\#L#$&'1&L$S#%&*&*/#&"%C#&5%+&(10%.*0%&D1'1<*X&#.*&(#5/#LX&.*+1(&4%D%Q*X&D%$#L1&/9%C&C.#L*
0#4*"?.*$#"*&2&L1<1D9$#&\#&')1&)$1D1&=.1<*&'?&'"#.(%&9*.*&?&)1/#D#&'&9#(%DX&4%(#5)*+1
4$10%&N$#81)#<#&*&0#(%(*0#&U.*51&H$%C*$#(*(#X&%L)$#Q#.*&'?&')%51&4$*5#"1J1&%L
(14$*5#"1J'")#&4$%"*)&81C#&E?&#)C?'"?&=.#L1(#&e?9*Q#GX&*&%9#)1+"#)#.*&C#X&0#%&4$*5#"1J#
0%5*&51&4%0#/#%&F4$1D#&(#+%5&L$S#)*&4%"4?(?&4#S8?&*&J?9#)FX&L#&+#J?&4%'.#('")#
D#>#$'0%D&0$#J?&D%.1Q*&C#&*&%41"X&L#&*D#&(#&'$<?&8*V%)?&'")#$&FR&#0%&9*&%(&4$*D1"*%&*.*
)*L1%X&L#&9*&D?&+"%&"$19#.%&%L&(#'X&*&L#&9*&D*&D%C.*&?P*(*"*X&*/)$+*Q1D%&"%&?&')#0%&L%9#
L$#C1&)%J1F 
;#(&51&*D#%&$#/.%C#&L#&9?L1&)$.%&%4$1/#(&]1C%)%&L$S#81&?&/#L#$'0%D&4*"#8?&D%C.%&51
*/#/)#"*&C(1)&0$#J1)&*&%(&L%'41"*&?&)$.%&(1/C%L#(&4%.%S#5&`'*D&"%C#X&0$#51D&5?.#&A ,
*D#.%&51&L%Q*&L%&'#'"#(0#&<#$#&-?+#(#&'&0$#J1D&b#5%+1D&*&L%&?C%)#$#8#&D*$#&*/D1>?&"#
L)#&(14$*5#"1J#X&4$*&P1D&9*&%(X&0#%&1)1("?#.(*&4$%"*)(*0&*&51L(%C&*&L$?C%CX&D%C#%&4%'"#"*
/#51L(*P0*&<*J&%9$#P?(#&B#L&51&L%*'"#&L%+.%&L%&'4%$#/?D#&*/D1>?&!$9#&*&=#>#$# &81D?
(*51&%'"#5#.%&L$?C%X&(1C%&L#&'1&+"%&P)$+Q1&)1S1&?/&51L(?&'"$#(?&Y#P?(#5?Q*&(#&=.1"01X&0%51
51&%9#)1/#%X&*&(#&8*V%)&4$*5#"1J'0*&%L(%+#5&'#&%5#P#.*D&-?+#(%DX&(%)*D&<#$1DX&%(&4%(%)%
D*'.*&(#&'#)1/&*/D1>?&;%'(1&*&=.1"#0#&K1Q& &'14"1D9$#&$#'4$#)J#.%&'1&?&K1Q?&[D%J1(*V
%&4%(?L#D#X&0%51&51&Y14?9.*<*&'"#)*%&9#(&4$10%&51L(%C&')%C&4%)1$1(*0#&3$)#&51&9*.#&%
'#)1/?&=.1<*&51&(*'?&4$*D*.*&*/&5#'(*V&$#/.%C#&\#L#$&51&9*%&(#&4?"?&L#&'1&4$1L#X&D#>#$'0*
0$#J&)%J#(&(#&4$1C%)#$#81&*&4%4?+"#81X&*&'#)1/&'#&!"14#(%D&'#D%&9*&*/#/)#%&81C%)%
4%L%/$1)#81&*&0%D4$%D*"%)#%&'")#$&R.*&"#0#)&'1&%LC%)%$&9#(?&(*51&D%C#%&L#"*&`(*&'&"%C#
4%$?P?5?&9#(?X&L#&'?&C#&)1Q&$#(*51X&4$1&81C%)1&4%(?L1X&%9#)1'"*.*&%&"%D&L#&4$1C%)#$#5?&'
D#>#$'0*D&0$#J1DX&*&'#L&9*&9*.%&)$.%&$?S(%&*&4$%"*)&8*V%)1&P#'"*X&L#&?&*'"%&L%9#&'0.#4#5?
'#)1/1&4$%"*)&81C#&T%&"%X&+"%&(*51&D%C?Q1&'#L&91/&+"1"1&4%&8*V%)&L%9#$&C.#'X&D%S1&9*"*&?
9?L?Q1X&L%L#.#&51&D?L$#&Y14?9.*0#&$#P?(#5?Q*&'#&')#0%D&D%C?Q(%+Q?&*&(1&V%"1Q*&4%"4?(%
%L9*"*&9#(#&-$?C1&81C%)1&4%(?L1&4$*D*.*&'?&'&(1+"%&$1/1$)1&(1&'#D%&*/&%9/*$#&4$1D#
81D?X&(1C%&*&*/&')%5*V&$#P?(#&H%&'?&9*.#&4%D*.%)#8#&/#&%(1&L#.D#"*('01&)1.*0#+1X&0%5*&'?
'1&4$*L$?S*.*&0$#J?X&#.*&*(#P1&*+.#&'#&!"14#(%DX&0#%&M$C?$&B?$5#0%)*QX&U)#(&T1.*4*QX
;?L*'.#)&[C$*(*Q&*&L$&U'"%&'?&"#0%&4$1L?/1.*X&L#X&4%&9#(%)%5&D%.9*X&*/D*$1&81C#&'#
=.#L1(%D&e?9*Q1DX&0%5*&D?&51&4%'"#%&J?"&4$%"*)(*0&T#5/#LX&4$*'"#.*&'?X&+"%&51&!"14#(?
9*.%&)1%D#&)#S(%X&L#&4%+J?&4%'.#('")%&-?+#(?&*&L#&'1&/#?/D?&/#&9#(#&0%L&81C# 
=1>?"*DX&D#.%&4%'.1&"1&%L.?01X&'"*S1&?&=.1"01&C.#'X&L#&'1&?&4%D%Q&\#L$?&'4$1D#&(%)#&)%5'0#
*/&[C#$'01&'&9#(%D&T*0%.%D&`LD#V&9*&4%$?P1(%X&&51$&'1&4%.%S#5&"*D&/(#"(%&D18#%X&&L#&%(*
$#P?(#5?&(#&4%D%Q&!"14#(%)?X&*#0%&(*51&'0.%4J1(&*/$*P#(&'#)1/X&0#%&+"%&9*&*&!"14#(&D%C#%


 

  @
$#P?(#"*&(#&8*V%)?&?&'.?P#5?&4%"$191&B#L&51&b#5%+&L%*'"#&%L9*%&D.1"#P0%&4%'.#('")%X&9*
&%0"%9$#&4%$?P1(%&8*V%)%D&4%)1$1(*0?&?&;%'(?X&L#&%&"%D&%9#)1'"1&9#(#&*&L#&(#'"%51
+"%C%L&D%C(?&%L&81C#&*/)?Q*&?&4*"#8?&'#)1/#&;#(?&51&'#L&')#&S1J#X&L#&P#'&4$1&?0.%(*
$#/.%C1&/#&D%C?Q1&'?0%91&*&(?L*&'1&L#&4%'$1L?51&*/D1>?&Y14?9.*01&*&\#L$#(#X&+"%&=.1<*
4$*D#5?&S1J(*&*&'#D*&L#&51L(%D&')$+1&4%'#%&R.*&'"#.(%&*&')#0%D&4$*.*0%D&"$#S1&%L&81C#
*&1N10"*)(?&4%D%Q&?&'.?P#5?&D#>#$'0%C&(#4#L#&`(&'1&?'"1S1X&51$&'1&4$*9%5#)#&\#L$#(*&C#
(#4#L#5?&0%L&0$#J#&$#L*&)1/#&'&8*V%)*D&(14$*5#"1J*D#&*&"1+0%&D?&51&D%Q*&'1&4%"4?(%
%L9$#(*"*&%L&')*V&4$10%$#&=.1P*Q*X&D1>?"*DX&(#)#J?5?&')1&)*+1&U/$#L*.*&'?X&4%'.1
D(%C%&(#"1/#8#&*&(14%)1$18#&%L&'"$#(1&e?9*Q#X&L#&51&*4#0&L%+.%&L%&D*$#&*/D1>?&8*V&*
!"14#(#&O#)J#5?&D?X&*'"%&"#0%X&L#&51&8*V%)&4%'.#(*0&(#+#%&<#$#&-?+#(#&L?9%0%&?&M$P0%5
/1DJ*&*&L#&51&%(X&/#&J?9#)&=.1"#0#X&)%J#(&S*)1"*&'&9#(%D&?&D*$?X&#.*&'1&4%"?S*%X&L#&51
!"14#(&(14$#)%&/#4%'1%&*&L$S*&51L(?&81C%)?&4%0$#5*(?X&:?DX&*&L#&"$19#&L#&51&)$#"*&3%'"%5*
.*&'?D8#&%&4$#)?&(#&"?&/1DJ?X&4$*'"#51&L#&'1&%&"%D&*&$#'4$#)J#&'&L%)%J(*D&L%0#/*D#&T1
4$*'"#(1&.*&9#(&/#'#L&(*&(#&"%X&-?+#(X&/#?/1"&)1Q*D&4%'.%)*D#&(#&5?C%*'"%0?&*&5?C?X
4$*'"#51&(#&4$*D*$51&%L&L)1"$*&C%L*(1&'#&'*C?$(*D&C#$#(<*5#D#X&L#&(1Q1&9*"*&?/#5#D(*V
(#4#L#8#&=.1<*X&L#0.1X&'#&')%51&'"$#(1&P*(1&')1X&L#&D?&%.#0+#5?&4%.%S#5i&4$#)%&51X&L#&'1&*
9#(&'#&')%51&'"$#(1&/#.%S*&/#&8*V &R.*&%(&"%&(*51&?P*(*%&'D#"$#5?Q*&L#&51&(1/C%L(%&L%Q*
?&%")%$1(&'?0%9&'&b#5%+1DX&0#L&51&-?+#(&"#0%&(14%?/L#(&*&0#L&51&0$1(?"%&4*"#81&:?D#X&/#&8
)#S(*51&%L&')*V&%'"#.*V&`(&'&"%C#&D%.*&Y14?9.*0?X&L#&4$1C%)%$*&%&'#)1/?&%'"#(?&"#5(*
3%'.1&4#L#&\#L$#&=.1<*&'?&(#&"%&$#L%&4$*'"#.*&*&'D#"$#.*&"#0)%&$1+181&(#5/C%L(*5*D
3$*D*.*&'?&*'"%&"#0%&'&4?(%&)1$1&?&8&*&81C%)?&4%(?L?X&L#&%(&9?L1&4%'$1L(*0&/#&D*$&*/D1>?
8*V&*&D#>#$'0%C&0$#J#&-%&D*$#&51&L%+.%X&4%'.1&L?C*V&*&)$.%&*'4$14.1"1(*V&4$1C%)%$#X&"10
@&#)C?'"#&A @&R.*&%(&(*51&L%(1%&0%(#P(%&'D*$*)#81&L?V%)#
O%+&4$1&(1C%&+"%&51&D*$&'0.%4J1(&9#(&51&4%'.#%&?&=.1"01&')%C&)%5)%L?&M$C?$#&M%5'.#)*Q#X&L#
"#D%&0?4*&%$?S5# &\(#P*X&L#&51&*D#%&(10%C&$#/.%C#&L#&'1&9%5*&*&L#&51&V"1%&'4$1D*"*&'1&/#
')#0*&'.?P#5&U/&*'"%C&?/$%0#&%(&4%'"#51&J?9#/(*5*&*&4$1D#&-?9$%)P#(*D#X&0%5*D#&51&*(#P1&?
/#L81&L%9#&4$#)*%&4%(%)%&L%'"#&"$C%)#P0*V&(14$*.*0#X&*&(#D1$#)#&L#&%9*.#/*&')%51&/1DJ1X
L#&'1&?)1$*&?&'"#8?&?&8*D# 
!"#81&51&?&5?S(*D&%9.#'"*D#&9*.%&L%'"#&?/D1"1S1(%&B$#J&-?+#(&9*%&51&?V)#"*%
%LD1"(?"%C&3%/(#(#&3?$P*Q#&*L#%&C#&51&/#")%$*"*&/#51L(%&'#&S1(%D&*&'*(%)*D#&B#L&D?&'1
S1(#&T*(%'.#)#&%'.%9%L*.#&L%+.#&51&A &C%L&?&-?9$%)(*0&H?&51&D%.*.#&4%D%QX&51$&5%5&'1
D?S&(#.#/*%&?&)1.*0%5&(1)%J*X&*&L%9*.#&51&677&41$41$#&T1)1'*81X&0%D1&51&3%/(#(&9*%&C.#)#X
?/9?(*.%&'1&*&(*51&/(#.%&+"#&L#&4%P(1&[&.1"%&A 6&4%'.#.#&51&-?9$%)#P0#&Y14?9.*0#&51L(%C
4%)1$1(*0#&L#&%L1&"#D%&*&L#&'1&$#'4*"#&0?L&'?&*+.*&C.#)#$*&(1)1'*8'0*&EF  
& 
 FG&*&/#+"%&:?D'0*&4%L#(*<*&9$#Q1&T*0%.*Q#&*/&3%4%)#&4%'"#.*&'?&)1%D#&(#'$"J*)*
*&-?9$%)P#(*&'?&?&4$%.1Q1&A 6&?4%"$19J#)#.*&P#0&*&51L(%C&9#(%)#&)1.*0#+#X&B$#C?J#X&L#
4%'$1L?51&0%L&8*V&T*'?&9*.*&D(%C%&9%J*&(*&H$19*8<*&O1L(%&)$1D1&(#.#/*%&'1&D1>?&8*D#
[CJ1+#&=$8#)P1)*Q&*&-?9$%)P#(*&'?&D?&A ,&C%L&4%'.#.*&L#$%)#&?&)$1L(%'"*&L%&27
L?0#"#&F &‚ &&&    F&R.*&%"0#L&51&A 6&4%'"#%&(#D1'(*0&?
H$19*8?&*&B%(#)J?&S?4#(&T1(#L&!"$#V*8*Q&?P1'"#.*&'?&*&'&"1&'"$#(1&?4#L*&*&4J#P0#8#&4%
L?9$%)#P0%D&4%L$?P5?&T*&'#&4%L#(*<*D#&L$?C*V&'?'1L(*V&)1.*0#+#&(*51&9*.%&4$#)%C&D*$#X
*#0%&'?&C$#>#(*&Y14?9.*01&&%0"%9$#&A @&?/1.*&/#&')%C&C$#>#(*(#&!#(0#&=*."1(%)*Q#X&*/
51L(1&%L&(#5?C.1L(*5*V&4%$%L*<#&')%C&/#.1>#

;#(%)%&'4$1D#81&9*.%&51&*/&'"$#V#&%L&-?+#(%)#&(#4#L#&:?D&51&9*%&'"#$%&'4%$(%&4*"#81
*/D1>?&8*V&*&9#(&51&/(#%X&L#&Q1&'1&-?+#(X&P*D&L%9*51&'.%9%L(1&$?01&(#&*'"%0?X&4$1&*.*&4%'.1
)$#"*"*&(#&"?&'")#$&K*L1%&51&81C%)?&'(#C?X&4$#"*%&?'41V1&*&'#&$#/.%C%D&'1&9%5#%&'?0%9#&'
"#0)*D&4$%"*)(*0%D&U/#&,&#4$*.#&A &+#J?&=.1P*Q*&')%C&4%'.#(*0#&<#$?X&L#&?$1L*&(10#
4*"#8#&*/D1>?&Y14?9.*01&*&-?+#(#X&L#&4%'$1L?51&D*$&*/D1>?&!$9*51&*&K*/#("*51&*&L#X&?
/C%L(%5&4$*.*<*X&(#'"%5*&4%'"*Q*&*&'4%$#/?D&*/D1>?&<#$#&*&9#(# &B#0%&%L&"%C&4%'.#('")#
(*51&9*.%&4%)%J(%C&%LC%)%$#X&9#(&+#J1&?&=.1"01&')%C&0(1/#&T*(%5#&*&4%S?$?51&'")#$
D%.1Q*&"$%51&G&L#&Y14?9.*0#&?/D1&4%'$1L(*+")%&0#0%&9*&'1&?")$L*.#&FJ?9#)X&L%9$#&)%J#&*


 

  
'.%C#F&*/D1>?&81C#&*&-?+#(#i&G&L#&D?X&4%+"%&D*'.*&4%L*/#"*&")$L*&C$#L&(#&D%$?X&4%&')%5
4$*.*<*&T%)*&(#&?+Q?&T1$1")1X&%9$1P1&Y14?9.*0#X&/#&')#0*&'.?P#5X&4%D%Q&'&D%$'01&'"$#(1i&*
AG&L#&Y14?9.*0#&4$*D*&?&/#+"*"?&81C#&*&81C%)#&D1'"#&3%'.1&(10%.*0%&L#(#X&,&5?.#X
$#'4$#)J#.%&'1&?&=.1<*D#&%&"%5&4%(?L*&*&9#(?&51&%LC%)%$1(%X&L#&Q1&'1&%LD#V&*&(14%'$1L(%
%9$#"*"*&<#$?X&L#&L%)1L?&L%&'4%$#/?D#&[&L$?C%5&"#P0*&8*D#&'1&P*(*.%&(1/C%L(%X&L#&9#(
4%L*S1&C$#L&(#&/1DJ*&0%5#&51&'4%$(#&D1>?&8*D&*&<#$1DX&51$&"%&D%S1&4$1C%)%$1&'#D%
4%C%$+#"*i&/#&8*V&'#D1&'")#$&51&9*.#&(14$*5#"(#X&51$&9*&9%$9#&(#&"%5&'"$#(*&(#(1.#&+"1"1
).#'"*"*D&4%L#(*<*D#X&#&(1$#L%&'?&C.1L#.*&*&5#P#81&')#0%C&"?>1CX&D#&*&(#54$*5#"1J'0*51CX
?"*<#5#&(#&3$*D%$5?&H$1Q?&4%(?L?&'V)#"*.*&'?&0#%&'")#$&0%()1(<*51&*&%LC%)%$*.*&'?&(#&8?
%4+"*D&*&(1%9#)1/(*D&N$#/#D#

T#&C$#(*<#D#X&D1>?"*DX&L%.#/*.%&51&L%&9%$91&*&4J#P0#8#X&(#$%P*"%&4$1L&;%S*Q&A &?
B%(#)J*D#
&[&-?9$%)(*0?&'1&)1Q&"#L#&D*'.*.%X&L#&9*&"%&D%C.%&L#"*&4%)%L&/#&F%4+"*&$#"F
EF & 
FG&*/D1>?&<#$#X&8*V&*&9#(#&*&4$1L?/*D#(1&'?&*/)1'(1&D1$1&'*C?$(%'"*&4$1D#
"%D
&d#$1)&4%'.#(*0&?&=.1<*D#&4$19#<*%&51&A&#4$*.#&A27&Y14?9.*<*X&L#&51&-?+#(&(#
8*V%)%&/#?/*D#81&*D#%&%9/*$#&4$1D#&9#(?X&#&"#5&51&L%9$%&)$#"*%&/.*DX&51$&51&4J#P0#%&*
?/*D#%&81C%)#&D1'"#&*&/1DJ1X&4#&"%&P*(*&*&'#L#&!&"%C#&(10#&C#&Y14?9.*0#&%4%D1(1&L#&)$#"*
*&(#0(#L*&+"1"?X&*(#P1&Q1&9#(&*D#"*&L#&%'1"*&<#$1)?&%')1"?&=.1P#(*&'?&%LC%)%$*.*X&L#&Q1X
)1$(*&4$*5#"1J'")?&4$1D#&%9%5*<*X&%LD#V&4*'#"*&9#(?X&L#&?P*(*&4%&<#$1)%5&S1J*X&#&'#D*
S#.1&#0%&'1&?P*(*.#&0#0)#&(14$#)L#
&;#(&51&4$*'"#5#%&(#&4$1C%)%$1&*&&5?.#X&4%
'4%$#/?D?&%9*5?&'"$#(#X&Y14?9.*0#&51&4%'.#.#&L)#&')%5#&C$#>#(*(#&L#&?&-?9$%)(*0?&*'4*"#5?
'")#$&*&L#&0%L&/#$#Q1(*V&*/$#L1&%9?'"#)?&(14$*5#"1J'")#&*&L%)1L?&L%&D*$#&T#$%P*"%&'?
*D#.*&4#/*"*&(#&9%$9#D#&?C$%S1(1&*("1$1'1&-?9$%)(*0#&R.*&4$1C%)%$*&(*'?&?'41)#.*&d#$
51&/#&%)#5&P#'&9*%&')$+*%&4%'.%)1&?&K*/#("*5*&*&V"1%&51&(#&/#4#L?&P*'"?&'*"?#<*5?i&9#(X&'#
')%51&'"$#(1X&(*51&(*+"#&4%4?+"#%&?&4*"#8?&:?D#&_?.1&'?&'1&P#0&)1'"*X&L#&<#$&V%Q1&4%(%)%
L#&%')%5*&!"%(&*&?&-?9$%)(*0?&51&).#L#.#&)1.*0#&/#9$*(?"%'"&$#L*&"%C#&*&(#&)$#"&(#&(%'&'?
4$#)J1(1&?")$L1&/#&81C%)?&'*C?$(%'"&=.1"#P0*&4%'.#(*<*&L%9*.*&'?&(#$1L9?X&L#&4$14%$?P1
<#$?&8*V%)1&/1DJ1&*&4%L#(*01&*&L#&C#&(1&%'"#)1&4$1X&L%0&(1&)*L1&5#'(%&L#&(1D#&%4#'(%'"*&/#
-?9$%)(*0&*&!"%(
&d#$?&51&9*.#X&)1.1&L%<(*51&)1'"*X&51L(#&0%D9*(#<*5#&D*.#X&0%5#&51&?
4%'.1L8*&P#'&D%C.#&L%)1'"*&L%&*/D*$18#&81C%)&'*(&[$%+&"$19#%&51&?/1"*&!"14#(%)?&0Q1$
O1.*'#)1"?&*&'&8%D&L%9*"*&:?D&0#%&D*$#/&B#L&9#(&(*51&4$*'"#%&(*&(#&"%&F%4+"*&$#"F&51
4%'"#%&(1*/91S#(
!#D&-?+#(X&4$#Q1(&<#$*<%D&*&[$%+1DX&0$1(?%&51&4$%"*)&9#(#&%0"%9$#&D1'1<#&A27&'#&5#0%D
)%5'0%D&*&'#&P1"*$*&.#>1&]1C%)&'0%$#+8*&/1"X&=.#L1(&e?9*QX&/#&0%5*D&51&9*.#&81C%)#
'1'"$#&O1.1(#X&9#(%)&4$%"*)(*0X&91+1&?D$%&%L&0?C1X&0%5#&51&'"$#V%)*"%&0%'*.#&A @&C%LX&#.*
51&<#$&'&$#/.%C%D&$#P?(#%&(#&4%D%Q&81C%)#&0$#5#&d#$1)#&)%5'0#&'&N.%"%D&%')%5*&'4%$(1
/1DJ1&(#&?+Q?&T1$1")1&*&4%>1&4$1D#&d1"*(*&T#&"?&'"$#(?&<#$&51&0$1(?%&L#&4%5#P#&4%.%S#5
')%51&'1'"$1&U(#P1X&4$%L*$#81&?&;%'(?&'&"1&'"$#(1&9*.%&51&/#%9*.#/(%&*&/#&<#$#X&?L#J1(%C&'#
')%51&9#/1X&L%'"#&%4#'(%&`$9*(*&4%D*81&*&%41$#<*51&'$4'01&)%5'01&4$10%&-$*(1X&0%51&'?
D%C.1&9*"*&*/)1L1(1&?&*'"%&L%9#X&#.*&91/&<#$1)#&.*P(%C&?P1+Q#&[&H$%C*$?&'1&$1+*.%&
%0"%9$#X&L#&4%/L$#)1&-?+#(#&/#51L(%&'#&e*91(*P#(*D#&*&L#&C#&%L.*0?5?&L#$%)*D#
-?9$%)#P0*&4*'<*&0#/?5?X&L#&'1&9#(&4%)?0#%&?&4.#(*(1X&#&-?+#(&L#&51&F%C81D&*&D#P1DF
4$%L$%&L%&;%9%)<#&[/&<#$#&91+1&4$*'"#.%&*&(1+"%&(1/#L%)%J(1&9%'#('01&).#'"1.1

`4'#L#&;%9%)<#&(*51&?'41.#X&51$&<#$&*/(1(#L#&D%$#L1&4$10*(?"*&)%51)#81&?&;%'(*&*
4%S?$*"*&%41"&D%$'0*D&4?"1DX&L#&+"%&4$1&'"*C(1&/#&=#Q1L%(*5?&!)$#"*%&'1&4$10%&3%4%)#&*
B%(#)J#&?&-?9$%)(*0X&CL1&'1&2&%0"%9$#&9*.%&$1+*.%&L#&C#&')1P#(%&L%P10#5?
&H$%C*$#(*
'?&9*.*&J?"*&(#&9#(#&!"14#(#&*&7&L1<1D9$#&A27&$1+*.*&'?X&L#&D?&'1&F(*+"#&(1&L#F&%L
%(%C&+"%&"$#S*
&3%&')%5&4$*.*<*&*&%(*&'?*D#.*&'&8*D&*/)1'(*V&(14$*.*0#X&#&/#
e*91(*P#(1&'1&/(#X&L#&'?&*D#.*&*&'?0%9#&B#L&'1&<#$&4%)?0#%&9#(%)*&J?L*&)$#"*+1&'1&%41"
4%'.1&*/)1'(1&9%$91X&?&'"#$1&%9.#'"*&K?0&K?0%'.#)*QX&$#(*5*&!"14#(%)&4$*5#"1JX&?/1&C$#L
T%)*&(#&T1$1")*X&F*&"%?&4$%.*&K.0¯&0$¯)¯&/#&D1F

&UL?Q1&C%L*(1X&7&#)C?'"#&A2X
(#$1L*.#&51&=.1"#P0#&Y14?9.*0#&e*91(*P#(*D#X&L#&)$#"1&9#(?&$%9J1X&#&%)#5&8*D#&L#


 

 27
(#0(#L*&+"1"1X&L#&9*&?(#4$1L&D%C.*&S*)1"*&?&J?9#)*
&T%)1D9$#&&4$%P*"#(#&51&?
L?9$%)#P0%D&K1.*0%D&K1Q?&9#(%)#&4%$?0#&L#&D%C?&L%.#/*"*&?&81C%)?&%9.#'"&91/&*0#0)%C
'"$#V#X&F
&  & È&&& 
&& ÈF&*&"?&"$C%)#"*&0#%&?&'#D%D&-?9$%)(*0? 
H%&(#5%4#'(*51&%L&')*V&$#"%)#8#&!"14#(%)*V&9*.%&51&*&4%'.1L81&U/#&%)%C#&%(&0$#5&S*)%"#
4$%)%L*&?&D*$?&*&'"?4#&?&(#5"1+81&$%L9*('01&)1/1&'#&D#>#$'0%D&L*(#'"*5%D&[&.1"%&7&5?.#X
A2A&)1(P#.#&'1&81C%)#&0Q*&O1.*'#)1"#&'#&D#>#$'0*D&0$#J1D&b#5%+1DX&(#&P*51D&'1&L)%$?X
0#%&'$%L(*<#X&(#+.#&?&C%'"*D#&\9%C&*/)1'(1&#)#("?$1&9$#0&51X&9.#C%'.%)%D&4#4*(*DX&D%$#%
L#&'1&'0.%4*&/#&)$1D1(#X&*#0%&51&4$%"*)&81C#&4%'"%5#.#&5#0#&/#4$10#&9.*'0%C&'$%L'")#&=?+0#
L1<#&9#(%)#&91V?&4%D$.#& &*&O1.*'#)1"#&51&D%C.#&4$1"1(L%)#"*&*.*&(#&')?&;%'(?&*.*&9#$&(#
)#S(*51&81(1&4%0$#5*(1&=#>#$*&'?&4%'.1&*&'#&"*D&$#P?(#.*&*&4$#)*.*&'?&%L&"%C#&'#')*D
%")%$1(%&L$S#)(%&4*"#81 &3$1&"1&')%51&S1(*L91&?L#%&51&0$#J&b#5%+&=#$*5?X&0Q1$
!"14#(%)#&9$#"#&K.#L*'.#)#X&#&'1'"$?&9?L?Q1C&9#(#&H)$"0#X&/#&C$%N#&[.$*V#&^&%L
:1.N1(+"#5(#X&L#)+*&5%5&'5#5(?&%4$1D?&E?&51'1(&A2G 
3%'.1&S*)J1&#0<*51&0#"%.*P#('")#&L%.#'0%D&9*'0?4#&b%)$1&b%$#(L*5#&*&N$#&31$1C$*(#X
4$%4%)1L(*0#&*&L*4.%D#"1X&9#(&!"14#(X&(#$%P*"%&4%'.1L8*V&')%5*V&C%L*(#X&')#0%D
4$*.*0%D&4%0#/?51&$1)(%'"&4$1D#&<$0)*&!D1"#.#&D?&51&'&4%P1"0#&$#'4$#&*/D1>?&b%)$1&*
31$1C$*(#&$#L*&?/*D#8#&L1'1"*(1X&51$&51&9*'0?4&4%&"$#L*<*5*&"%&'D#"$#%&4$*V%L%D
9*'0?4'0*DX&#&31$1C$*(&51&V"1%&L%9*"*&/#&*/L$S#)#81&N$#81)#<#&3#4#&B.*D1("&aI&$1+*%&51
'4%$&A&5?(#&A &"#0%X&L#&51&(%)1&L1'1"*(1X&0%51&'?&L#)#.*&(%)%%9$#Q1(*&51$1"*<*X&L%'?L*%
N$#&31$1C$*(?&*&91(1L*0"*(<?&-%D*(*0?&H$%C*$'0%DX&L#&9*&"*D&(%)<1DX&4$1D#&%91Q#8*D#
0%5#&51&L%9*%X&D%C.1&9*"*&4%L*C(?"1&$#(*51&4%$?+1(1&<$0)1&-#&(1&9*&9*.%&4%&)1$?
(14$*5#"(*V&'#9.#/(*&b%)$%&51&D%C#%&')%51&"?S91X&?&0%.*0%&9*&*V&*D#%X&4%L(%'*"*&'#D%
4#4*&!"#$1&L1'1"*(1&%'"#.1&'?&/#&9*'0?4#&*&81C%)%&L1.%)#81 &U'"1&C%L*(1X&&%0"%9$#X
/#D%.*%&51&4#4#&9#(#X&L#&L%/)%.*&4%)$#"#0&9*'0?4?&D#0#$'0%DX&0%5*&51&4$1&L)#L1'1"&C%L*(#
9*%&*/91C#%&4$1L&8*DX&*&L#&9*&D?&?'"?4*%&'"#$#&4$#)# &H%&51&9#(&?P*(*%X&*'"%&0#%&+"%&51
4$*'"#%&*&(#&%9(%)?&'"#$1&L?)#8'01&9*'0?4*51&B#L&51&*/&4%.*"*P0*V&$#/.%C#&9*%&'4$1P#)#(
0%"%$'0*&9*'0?4&*/&-?+#(%)1&L$S#)1X&L#&0?4*&L1'1"*(1&*&)$+*&')%51&L?S(%'"*&?&*'"%P(*D
L1.%)*D#&;%'(1&*&:?D#X&4#4#&'1&A ,&C%L&/#?/1%&/#&8&*&4$14%$?P*%&C#&!"14#(? &T#$%P*"
51&?C.1L&0%L&!"14#(#&*D#%&N$#&31$1C$*(X&0%5*&51X&0#0%&'D%&)*L1.*X&9*%&*&4%)1$1(*0
D.1"#P0*&!&"%C#&*&=.1<*&'#&')%51&'"$#(1&4$14%$?P?5?&4#4*X&?&#4$*.?&A 6X&D%.91&!"14#(%)1
*&31$1C$*(%)1X&L#&*D&'1X&/9%C&)1.*0%C&4%'.#&*&D(%S*(1&)1$(*0#X&4%+J1&5%+&'#$#L(*0#X&#.*
"#0)*V&0%5*&/(#5?&'.%)1('0*&51/*0&R0%&'1&"%&(1&D%S1X&L#&'1&9#$&L%/)%.*&)*0#$?&L#&4%/*)#&'#D
')%51&$1L%)(*01&*&L$?C1&')1+"1(*01&*&L#&$#'4%.#S1&'&8*D#&?&D*'*5*&_#0&9*&9*.%&(?S(%X&L#
'1&*&4%51L*(*&(1%N*"*&?4?"1&?&%9.*S81&4$%)*(<*5'01&D#(#'"*$1&*&"#D%&'4$1D1&*/&.#"*('0%C
*&?&0#"%.*P0%5&)1$*X&4#&L#&'1&%(L#&?4%"$191&/#&4$%4%)1L#81&\#&%(1&0%5*&"?&L1.?5?&L#&9?L?
*'"1&%.#0+*<1&*&4$#)#X&0#%&*&/#&%(1&0%5*&'?&F &  
& ‚  FX&51$&(1&$#L1&'#&D#81
%4#'(%'"* &o$#81)<*&'?&9*.*&)$.%&#0"*)(*&*&"%&*D&'1&4$*/(#)#.%&-?9$%)#P0#
Y14?9.*0#&?'"?4*.#&*D&51&'&"%C#&/#&)1$'0?&L%D1(?&4$#)%'.#)(*&!"%(&*&4#4#&*D&A 6&C%L
L%/)%J#)#X&L#&"#D%&'#C$#L1&D#(#'"*$&-$?C#&L%/)%.#&C.#'*.#&51X&L#&"%&*'"%&D%C?&?P*(*"*&*&?
c#0%)?
&=%SL#&'?&-?9$%)P#(*&$#P?(#.*X&L#&Q1&"#&#0"*)(%'"X&0#%&?'41V&N$#&31$1C$*(%)X
L1.%)#"*&(#&9#(#X&L#&4%'"#(1&4%4?'"J*)*5*&*&?&4*"#8*D#&%L'"?4#8#&%(*V&%9.#'"*X&0%51&'?
%(*&9*.*&(#P1.(%&L%9*.*&%L&-?+#(#X&#&0%51&*D&9#(&(*51&(*0#0%&V"1%&L#&4$1L#&31$1C$*(%)
?C.1L&9*%&51&L%*'"#&)$.%&)1.*0i&C%L&A @&*/#9$#%&C#&51&'4.*"'0*&0#4"%.&/#&')%C&(#L9*'0?4#X&#
*'"1&C%L*(1X&@&%0"%9$#X&(#&D%.9?&9#(%)?X&=.1"#P0#&Y14?9.*0#&4$14%$?P?51&C#&4#4*&/#
9%'#('0%C&9*'0?4# &3#4#&51&"?&D%.9?&$#L%&*'4?(*%&*&*D1(%)#%&51&N$#&31$1C$*(#&@
5#(?#$#&*L?Q1&C%L*(1&(#&"%&D1'"%&4$1D1'"*)+*&L%"#L#+81C&9*'0?4#&N*$D#('0%5&<$0)* 
R.*&'1L*+"1&9%'#('01&9*'0?4*51&%'"#&*&L#J1&?&c#0%)?i&+"%&/(#P*X&L#&(*&31$1C$*(&(*51
%'1Q#%&9*.%&4?(%C&'#D%4%?/L#8#&9*.%&(1%L%J*)1&4%"$191&L#&(14%'$1L(%&$#L*&'"#.(%&?&'#D%5
/1DJ*&;#(&'#D&4%D#C#%&51&')#&81C%)#&(#'"%5#8#&*&*D#%&*("1$1'#&/#&)1$'01&'")#$*&*&)#(&')%51
L$S#)1&`(&'1X&(#&4$*D1$X&/#?/*D#%&0%L&D.1"#P01&).#L1&*&4#41&/#&-?5D#&!4.*Q#(*(#X&L#&9?L1
*D1(%)#(&/#&0(*('0%C&9*'0?4# 


 

 2
`5#P#)+*&;%'(?&*&4$%+*$*)+*&51&')1&L%&D%$#X&?51L*(*)+*&51&%L&['%$1&*&-$*(1&L%&d1"*(1&*
K$9#'#&*&!#(1X&?")$L*)+*&?&8%5&9#('0*&#?"%$*"1"&*&')%5?&L*(#'"*5?X&4%$%L*P(%&(#5?S1&)1/#(
?/&=#>#$1&*&*'0$1(%&%L#(&0#"%.*P0%5&)1$*X&%(&51&?D$%&C%L&A2A &!.#)(#&'$19$(#&$#0#&!)
!*D1%(#&;%C%4$*D<#&?&\#L$?X&0%5?&51&A@7&C%L&*/$#L*%&o$#(<*'0%&*/&=*.#(#&4%&(#$?Z9*
9#(%)1&0Q1$*&O1.*'#)1"1X&*D#&)$.%&.14%&*/$#>1(?&'<1(?&?D*$#8#&9#(%)#&;#(&51&"?
4$1"'"#)J1(&'#&L?C%D&4?(%D&9$#L%D&4#.%D&'0%$%&L%&4%.#&4$'*5?&*&'#&.*<1D&0%51&*D#&(1P1C
*'4%'(*P0%C &;*%&51&P%)10&%L&#0<*51X&%L.?P#(X&*&')1'"#(&4%"4?(%&%(%C&+"%&V%Q1&UD#%&51
(1'?D8*)1&4%.*"*P01&'4%'%9(%'"*&*&4%0#/#%&51&(#&L1.?&-#&(*51&*D#%&D(%C%&'1("*D1("#.(%C
*&L#&51&9*%&P%)10&$#P?(# &*&V.#L(1&4#D1"*&4%0#/#%&51&)*+1&4?"#&!&8*D&51&;%'(#&L%9*.#
')%5&4%.*"*P0*&/(#P#5&*&*/#+.#&*/&?.%C1&51L(1&D#.1&N1?L#.(1&%9.#'"*X&P*5*&*("1$1'&(*51
4$1.#/*%&C$#(*<1&81(*V&4.#(*(#&B#%&0$#J&=*.?"*(&?&!$9*5*X&!"14#(&II&B%"$%D#(*Q&9*%&51
'")#$(*&%'(*)#P&9%'#('01&L$S#)(1&D%Q*&?&^Ia&)10?&*&L%&H)$"0#&81(#&(#5/(#P#5(*5#
V*'"%$*'0#&.*P(%'"



&x  &y   &aIIIX& @


&I X&,i&t  ˆX&l
 &y X&@


&„& 
&aX&7



&b&H#.%<*X&…


‚&„  &IIIX&AX&0#/?51X&L#&'?&D0&*&!"14#(&4%91C.*&?
-?9$%)(*0X&&L$?C#&L)#&9$#"#&?&=1L)1LC$#L&;1C&9*X&4$1D#&"%DX&D%$#%&9*"*&%P#5#(&B#'(*51X
H#.%<*&?/*D#X&L#&&!"14#(%)#&D&&)&"$*&'*(#&4%91C.#&?&-?9$%)(*0&q &y
s
 &l
 
&&q 
& &„    &„º&&~ y & X&26&¼0%&4$*D#&*
O*$1P10&U'"%$*5#&!$9#&IX&2&[&*/9%$*D#&(1D#&&"%D4%?/L#(#&4%D1(#&[&-?9$%)(*0?&'1&@
D#$"#&A &$1+#)#.%X&L#&%4+"*(#&(#>1&0?Q?&F &
 &  FX&#.*&'1&(1&0#S1&0%C#
„%& 
&IX& &-#&&9*%&S*)&0$#J&-$#C?"*(&4%$%L*<#X&)1$%)#"(%X&(1&9*&D%$#.#
91C#"*&%(#0%&$#/9*51(%X&0#0%&4$1"4%'"#)J#&4$)*&'.?P#5&-$?C*&9*&)$1D1('0*&C%)%$*%&/#&"%X
L#&51&9%'#('0#&).#'"1.#&*'0%$*'"*.#&9%$9?&*/D1>?&-$#C?"*(#&*&=*.?"*(#&?&Y#+0%5X&L#
4$%C(#&L*(#'"*5?&%(L#X&0#L&5%5&-$#C?"*(&(*51&D%C#%&4%D%Q*&[&(%)1D9$?&AA&L%.#/*%&51&?
-?9$%)(*0&K.#L*'.#)X&'*(&0$#J#&-$#C?"*(#X&D%SL#&'&%)%D&'")#$*&*&?&)1/*„

&IX&A,6


&x  &€  &aIIIX&27@&H?&51&%L%9$181&4%C$1+(%&'"#)J1(%&4%L&A@&*&%L)%51(%&%L&4*'D#
9#(?&=.#L1(?&%L&*'"%C&L#"?D#X&2A2,&[&4*'D?&9#(?&=.#L1(?&4#4#&*&81C#&4%"'"*P1&L#&$#L*
4$%"*)&51$1"*0#X&51$&L#&&)0&'"#81&?&;%'(*&L#&(1&D%S1&9*"*&91L(*51
 
&x  &€  X&aIIIX& 6&H#0)#&D?&51&"*"?.#&*&?&4%')1"*&51L(%C&L1.#&P?)1(%C&.10#$#&c?.1.D#
K#$*8#8#&Eß&AA7G&F  È& & 
&  &† 

F&H#.%<*X&…

X&„ &IIIX
A7A
 
&`&"%D4%9.*S1&0%L&o&e*+*Q#X&3#L&=.#L1(#&e?9*Q#X&A A2&B.#5*Q1)%&4$*P#81&%
L)%'"$?0%D&$#"?&=.#L1(%)%D&(#54$1&?&:?D?X&&4%'.1&?&;%'(*'#D%&51&(1%4$#)L#(%
L%D*+J#81&l
 &y X&6@&!$&T%L*.#X&'4&LX&7@X&CL1&'1&(1"#P(%&C%)%$*X&L#&&$#"
?%4+"1&9*%&'4$1P1(&„& 
&aX&X& AX& ,6
 
&`&=.#L1(%)?&4#L?&t  ˆX&l
 &y X&@A6X&6 2i&H#.%<*X&s 
 &I^X&A6A2i
e*+*QX&'4&LX&*&?&vX&08&2AX&7AX&6A,
 
&„&l X&Î ‡ ˆ&y   X&,66
 
M.#'(*0&\1D&=y#&^aIIIX& 7A
 
&I X& 7 2&„0&9#(%)#&'#&'*(%D&!"14#(%D&L#.#&51&D*.%'"&*&0(1/?&K?0<?&:$)#"*(*Q?X
FL%0%.&C#&(1&'?L1&P1"*$*(#L1'1"1&0%*&'?&4$*'1C.*&'&9#(%D¯&!"14#(%D¯&0(1/?&K.¯0%'.#)?F
I X& 76
 
&„& &
 &x   &^^aIIIX&,


 

 2
 
&†&&l X&@ 2


&I X&@@
 
&H#.%<*X&'4&LX&A6 6i&†&&l X&77
 
&†&&l X&72
 
&I X&7A
 
&I X&7
 
&„& 
IX&6
 
&I X&T%L*.%X&'4&LX&A &=#$*(%)&*/)1+"#5&%&(#4.#"*&/#4*'#(&51&?&x 
&†  
aIIX&‚&7X&6&5?.#&AA
 
&„& &aX&A X&AA
 
&„&Y1+1"#$X&!"#$*&9%'#('0*&(%)<*&†)&AX&A,&W&H$?V1.0#X&s 
 &aIX&A7X
A 2i&^aIIX&A6&„&Y1+1"#$X&-?9$%)#P0#&(?D*/D#"*0#&!$&B#$.%)<*& X&IX&A2@,7i&IIX
A ,6i&'.*01&"#9&2X&A@
 
&ƒ X&'4&LX& i&„& &aX&6X&X&A&-?9$&L$S&#$V*)i&x &ƒ &IaX&‚&@6i
x &†  &aIIIX&‚&7X&,A


&ƒ X&'4&LX&,&„& &IX&26
 
&„& &IX&AX&,i&aX&66i&@X&A
 
&!"%5#(%)*QX&!"#$1&'$4'01&4%)1J1&IX& 

&-?9$&L$S&#$V*)X&x &†&aIIIX&‚&,AX&@7&t&O*$1P10X&U'"%$*5#&!$9#&IIIX&,2

&„& &aX&6@&†&*&$#'4$1&AA&C%L&I X&A

&„& &aX&67i&A6i&O*$*P10X&U'"%$*5#&!$9#X&IX&,A 

&†&„&-*(*Q#X&M.#'&†~^IIIX& 2

&„&v&aX& 

&x  &€  &I^X&i&a&t  ˆX&v
&y&ƒ  ˆ&a
 & & & ‡&IIIX
@@i&t  ˆX&r
&l
X&7Ai&Î ‡ ˆX&v&&2AX&A6 2
 
&`S1(*%&'1&?&.1"%&A&U&Y?)#$#<X&M.#'(*0&IaX&@X&'14&%&,6i&„& &aX&,,6


&x  &€  &I^X& X& A 
 
&!4%D1(*0X&^^^IX&@@X&2
 
&x &&‚ X&x &l  &7

&x  &€  &I^X&  X&A 2X&A @A2X&A2 2

&I X& A

&I X& 277&R0"&51&'#&L#"?D%D&6&0.&#4$*.#&*& &C%L*(%D&U)#(%)#&4#4'")#&&?
!D*P*0.#'#&,&D#$"#&H?&*'"?&4%)1J?X&4%C$1+(%X&4%&o#$.#"*5?X&L%(%'* X&AA6@X&4%L
L#"?D%D&,&#4$*.#X&*#0%&51&?&"10'"?&*&%)L1&6&Ä)&&L$?C#&$>#)*51&P*"#(#&*&(14%"4?(#&U&?
'?D#$*5?&&*'"#&4%D1"8#&*&C$1+0#X&?&%'"#.%D&(1&*&51L*(#&?&%)%D&/9%$(*0?&!$&%&)5&'")#$*
„&3?$0%)*Q#X&R)*8%('01&4#41&*&40&/1DJ1&3S)<&A &A2

&I X&2 A

&„& &aX&2X&A7

&b1"%4*'X&08X&X&7AX&)&h&!"%5#(%)*QX&\#4*'*&*&(#"4*'*X&9$&22&U(L*0<*5#&"?
(#)1L1(#&E@G&?/&C%L*(?&A&(1"#P(#&&¼&&CL*(1&*(L*0<*5#&&T#&"?S9?&Y#L%'"1


 

 2A
-$#C%P*(*Q#&*/&B%(#)J#&A&#)C?'"#&AA7&$#'4$#)J#.%&'1&?&-?9$%)(*0?&+"#&L#&'1&$#L*X&F

 &&&ñ &

&
& & & È&
& 
&v & &  &&l

F&-?9$
L$S&#$V*)X&x &†  &I^X&‚&7,
 
&s 
 &^aIIIX& 7@&†&O*$1P10X&U'"%$*5#&!$9#&IX&, 


&„&v&aX&AAi&ƒ X&'4&L&&=.1P#(*&'?&?&'.*P(%5&'")#$*E & &‚‚

 &&† y G&A&C%L&%LC%)#$#.*&-?9$%)(*0&%L&9#(#&q&~5 ˆX&~
 &IX&2@&†&;
M?+*Q#X&v‡ &y   &x  &AX& 2
 
&„& &aX&2,
 
&-?9$&L$S&#$V*)X&x &†&I^X&‚&i&^X&‚&2

&-1L*Q*&'?*&4$*D*.*&D%C%$*+&/#&AA@&C%L&-?9$&L$S&#$V*)X&x 
&ƒ #&aIX&‚& ,
]*V%)?&$%L?&4$*4#L#.#&'?&9$#"'")#&Y#L%9$#"*Q#X&-1'1(%)*Q#X&-$?S*Q#X&-%9$%0%)*Q#&*
Y#L%'"*Q#

&„& &aX&A,6&AAA&†&A2&X&A2,&6

&I X&A,7

&h&!"%5#(%)*QX&!"#$1&40&4%)1J1&*&4*'D#&IX& A2&`&"%D&?C%)%$?&&9#(%D&'$&#(#.*/1&O
T#>#&?&„&t&?&v‡ &€   X&A6

&„& &aX&AAA

&I X&26 2&;1/&)$1L(%'"*&5&'4*'&l&H#J1$#(#X&€ &y& 
&q&x  &A2
 
&h&!"%5#(%)*QX&'4&LX& @2X&2 6


&`L&"%C&?&?C%)%$#&(#4$#)J1(#&P1"*$*&4$*D1$#&FL)*à&.#"*('<*&&L)*&'$¯4'<*à
E4%)1..1GF
 
&!4&L&2A i&!$&ƒ X&'4&LX&,
 
&x  &€  &^X&7

&t&O*$1P10X&K.#'"1.#&V?D'0#&(#&(#"4*'?&?&K1.*P#(*D#&M.#'(*0&\1D&=?/15#&IaX&@

&-?9$&L$S&#$V*)X&x &†&^IX&‚& 

&„& &IIX&A,X&A,,@i&aX&A,A6X&A&[&.1"%&AA,&=*."1(&*&Y?S*$&'?&4%(%)%&%4J#P0#.*
D#(#'"*$&†)&w0)&0%L&-?9$%)(*0#&-?9$&L$S&#$V*)X&x &†&^IX&‚&6

&I X&IIX&A,7&b*P(1&"?S91&4$%"*)&9#(#&?&x &†&^IX&‚&@@

&†&?C%)%$1&%L&&D#5#&?&L?9$&L$S&#$V*)?X&x 
&†  &^IX&‚&6,

&AA &C%L&„& &aX&A@ 
 
&-?9$&L$S&#$V*)X&x 
&ƒ &aIX&‚&67


&x  &€  &^X&,7X&2X&@A2X&27X&@,@i&z&Î ‡ ˆX&s 
 &^aX&AAA &w&¼ ¿ ˆX&vX
& X&@6X&,2A7
 
&x  &€  &^X&A,6
 
&\#&?P*81(1&?'.?C1&%9#)1/#.*&'?&'1&-?9$%)P#(*&L#&M$C?$#&4$1)1L?&?\#L#$&M$C?$&51&L%9*%
"%D&4$*.*0%D&%L&8*V&L#$&%L&77&L?0#"#&=%& &aX&A62i&IIX&A @

&-?9$&L$S&#$V*)X&x 
&†  &^X&‚&7

&x  &€  &^X&A6 2X&A@

&t  ˆX&r
&l
X&&s&½ ˆ&I ˆX&t ¿ ˆX& &ƒ  ˆ&& 
&  
q  
&r 
&IX&@2X&6,6


 

 2

&x  &€  &^X&   

&x  &€  &aIIIX&A @

&I X& 2A
 
&Ä&º Æ X&x &„   &y &€ &
& 

&q

&l &@AX&6


&†&3&=#$0%)*QX&b1"%4*'X&08&X&7AX&A2&†&x &w&O  ˆX&r  & 

‚ &&l
&q &,&x &w&l  ˆX&z ¿ & 
 &^~IX&A X& &*&L
 
&x  &€  &^X&22@&x &‚ &w&w  ˆX&t  & & 

 &‚  &IX&q &X&,
b1"%4*'&N$#&T*0%.1&b#+)#(*(#&E*/L&O1.1(*Q#X&!#)&,G&L%(%'*&4%L&AA&C%L*(%D
L%*L%+1&4#$)*&N$#"$*&'&o$#(1&?&;%'(?&0%*D&9#(&!"*4#(&?P*(*&4#$)*&D#(#'"*$&?&=*.%+1)?
?&0%D?&'1&P*(*&?0%4#"*X&0#L&?D$*&E'"$&A6G&3%&"%D&O1.1(*QX&'4&LX&AAX&?/*D#X&L#&&9#(&!"14#(
F
 &‚ ¿&

&&„ ‡F&H$19#&*D#"*&(#&?D?X&L#&"%&(*51&%(%
=*.1+1)%X&+"%&C#&51&$#(*51&%'(%)&0$#J&K.#L*'.#)&3%D1"8#&51&D%C.#&(#'"#"*X&+"%&
D1'"%&=*.1&E(#&=*.'¯GX&?&0%D&51&9#(&!"14#(&4*'#%&51L(?&4%)1J?&*&"?&D%SL#&4%L*C#%&<$0)?
*.*&D#(#'"*$X&/#D1(*.%&'#&4%4?.#$(*5*D&*D1(%D&=*.1+1)#&†&Y?)#$#<X&M.#'(*0&aIX& &?
H#.%<*X&M.#'(*0&^aIIIX& 7AX& 
 
&x  &€  X&^IX&,

&B#L&&C%L&AA2&9#(&S1(*%&L$?C*&4?"X&6&*& &5?(#&-?9$%)P#(*&'?&$1+#)#.*&L#&D?
4$#)1&4%0.%(&*&P1'"*"#5?&„& &IIX&A,7&[&4*'D?&4#41&B.*D1("#&aI&%L&A A&C%L&0#S1&

  
&
&
&  &q &&‚ & &&  & 

& & 
 &‚  
 
 &  &‚ &

&x  &€  X&^IX&A6

&q&~ ˆX&~
 X&IIX&@

&m&  X&~ &I&&½ &… &@@ X&2,&3&=#$0%)*QX&b1"%4*'X&08& X&7AX
2i&08X&&7A7

&U/C.1L#X&L#&&?&"%&L%9#&*D#%&*/)1'(*V&)1/#&&8*D&ED%SL#&4%(?L?&'.*P(*V&4$1C%)%$#GX&51$
=.1P#(*&4$14%$?P?5?&'$4'0%D&0$#J?X&L#&'1&0%L&9#(#&/#?/D1&/#&8*V%)1&"$C%)<1X&&5?(#&A A
~
 &IIX&62

&~
 X&IIX&@,

&„& X&IX&,
 
&x  &€  &^IX&76@&U'"*&&"#0#)&?C%)%$&*&9#(#&T*0%.1&I X&72,


&  X&~ &IX&7
 
&~
 &IIX&A@X&AAX&AAAX&AA6X&AA
 
&I X&AA6
 
&I X&A22
 
&I &A,7X&A,X&A,@X&A6,6&†&t  ˆX&r
&l
X&27 &=.1P#(*&?&'.#.*&9#(?&"#5(#
4*'D#X&'#D%&81D?&?&$?01& &  & & &  & &
& X&È
 
&&
&
 & & 
&

& 
&~
 &IIX& 7
 
&~
 &IIX&AA2A&3&=#$0%)*QX&b1"%4*'X&08&X&A ,
 
&~
 X&IIX&A6A@&&'14"1D9$#&D%$#.*&'?&=.1P*Q*&'.#"*&4%'19(%C&4%'.#(*0#&L#
4%'$1L?51&*/D1>?&9#(#&*&=.#L1(#X&51$&'?&9*.*&%9#)1+"1(*&L#&!"14#(&'4$1D*&)%5'0?&4$%"*)
=.#L1(#&I &X&A@2&B?$#0%)*Q&*&[C$*(*Q&4%D#C#.*&?&\#L#$&*&L%<(*51&I X& 7
 
I X&A@,6X&A2,X&A@X& 7 @X& @&&/(#D%X&L#&.*&51&L%+.%L%&"%C&4$*D*$5#&#.*&51
)#S(%X&L#&'1&L%&A &C%L&(1&5#)J#&(*+"#&%&(14$*5#"1J'")*D#X&+"%&9*&D%C.%&L#"*&$#/.%C#
4$1"4%'"#)<*X&L#&51&9*.%&'0.%4J1(%


 

 22
 
&~
 &IIIX&2 
 
&„& X&IIX&,7&-?9$%)#P0#&V$%(*0#&Y#'"*Q1)#&91.1S*&P#0&*&51L#(&%$?S#(&'?0%9&9#(%)
'#&Y14?9.*0%DX&?&0%D&L#&51&L?9$%)#P0#&)%5'0#&%'"#.#&4%91L*"1J*<#&ƒ X&'4&LX&A


&„& &IX&,2X&6X&A2X&2@X&,2i&IIX&AX& @X&27X&22
 
&~
 &IIIX&


&I X& A 


&O*$1P10X&U'"%$*5#&!$9#&IX&A


&„& X&IIX&X&,


&~
 X&IIIX&62,X&6@


&I X&@7X&


&O*$*P10X&'4&LX&A@7i&3&=#$0%)*QX&b1"%4*'X&08&X& 2&E(1"#P#(G&ƒ X&'4&LX&A
A&[&4%)1J*&9#(%)%5X&0&&L#"*$#(#&AA&Es 
 &^aIIIX& @X&N#0'&9$&,G&O*$1P10&(#.#/*X&L#
&C%L*(#&L%4*'#(#&%L&L$?C1&$?01X&+"%&&)*D&)1$%)#"(%X&51$&'1&?&"10'"?&'4%D*81&F0#L#
9*+1&<#$¯&$#+0*&%?/1.¯&T%)*&D%*&"$#L¯F&Fd#$¯&$#+0*F&(*51&D%C#%&9*"*&AA&`&C$#L?
T%)%D&9*.%&&(#4$1L&$1P*


&†&x &O&¼ ˆX&r & &&
 &x  &x  X&AX& 2


&q &^IIIX&AA



&M.#'(*0&^aIIIX& 7@&Ä&$#"?&A2&C%L&?&„& &IIX&7


&~
 &IIIX&
 
&„& &IIX&A&[&51L(%D&"1'"#D1("?&c*)1&c%$>*Q#&%L&7&'14"1D9$#&A 7&(#)%L*&'1X&L#
&9%'#('0#&9#(*<#&%L(1.#&EF
 FG&*/&51L(%C&81C%)#&")&41P?&')*.1&*&L#&&4.#"*.#
F 
& È& F&-?9$&L$S&V*)X&¼
&IIIX&‚& 6&`L&A &C%L&4#&')1&L%&A A
4%).#P*.1&'?&'1&?&-?9$%)(*0?&9#(%)1&"?S91&4$%"*)&81C%)#&L?S(*0#&31"$#&M*'.1&\#'"?4(*0
9#(%)&9*%&51&-?9$%)P#(*(&T*0%.#&=1(P1"*Q&x &†&^IIIX&‚&2X&AX&66X&@6&E'&9#(%)*D
4*'D%D&L?9$%)#P0%5&%4+"*(*G&B#L&51&9#(&?&.1"%&A &*D#%L#&L%>1&?&:?D&-?9$%)P#(*&'?
D*'.*.*&*&"%D&4$*.*0%DX&0#%&*&(10%.*0%&4?"#&$#(*51X&"$#S*"*&%L&81C#&L#&*D&?'"?4*&%(#
D1'"#&?&4$*D%$5?X&/#&0%5#&?&L%9*.*&-?+#(%)&4$*'"#(#0&R.*&L%&"%C#&(*51&L%+.%&[
-?9$%)(*0?&'1&")$L*.%X&L#&4$%"*)&8*V%)*V&*("1$1'#&0%L&9#(#&$#L*&31"#$&;%9#J1)*QX
/#0?4(*0&(1$1")#('0%C&"$C#&„& &IX&2,&[&"$C%)#P0*D&4*"#8*D#&'&9#(%D&&9*.%
'"#.(%&D?01&*&%9?'"#)J#8#&4$%D1"#&¼&A ,&*&A @&C%L&I X&IX& @i&IIX& 2&†&D#50%D
9#(%)%D&9*.*&'?&'"#.(%&L%9$%&[&-?9$%)(*0&5&A &C%L&L%.#/*.#&9#(%)#&'1'"$#&B#"#$*(#
I X&IIX&6
 
`&0$#J1)%5&')#L9*&'$&b&H#.%<*5#X&…

&„  &IIIX&A7 6&6&5#(?#$#&AAA&'4%D*81&'1


9#(&!"14#(&'#&F

&  
&  &‚
F&,&N19$?#$#&*'"1&C%L*(1&4.#"*.*&'?&-?9$%)P#(*
,7&41$41$#&D?+"?.?CZ*5*X&+"%&C&&4%'.#%&9#(&L#&5#)*&Y14?9.*<*X&0#0%&51&L%9*%&'*(#X&È
‚ 
&   &
&
& F&„& &IIX&A @&Y?)#$#<&'&?91LJ*)%+Q?&L%0#/?51X&L#&&!"14#(%)#
0Q*&*&B#"#$*(#&?L#"#&A,&/#&:1$D#(#&IX&C$%N#&<1J'0%C&M.#'(*0&\1D&=?/15#&IIIX&@
 
R&:?91$&D*'.*X&L#&&b#5%+&"#0%&V"1%&!"14#(#&P)$+Q1&)1/#"*&?/&'191&*&%L9*"*&%L
4$%"*)(*P0*V&=.1"#0#&~ &IX&
 
&†&O&Y#L%(*Q#X&!.*01&*/&*'"%$*51&*&08*S1)(%'"*&;1%C$#L&A@X&&b&H#.%<*X
…

&„  &IIIX&A7&*&L


 
&x  &€  X&^IX&A6
 
&I X&,
 
&I X&,2,


 

 2,
 
&~
 &IIX& A&z  X&'4&LX&@


&x  &€  &^IX&A2A,7&†&=*.#+X&!"%(X&  X&@2X& ,X&77 
 
&~
 &IIIX&76&r&Î ‡ ˆX&s 
 &€&„y&^aX&AA 2
 
&z  X&'4&.X&A7&x &m& X&¼ è&& 
èè &º
u
À
u ÀÀ u &l
&@@X&@
 
&~
 &IIIX& 
 
&†&U&Y?)#$<#X&M.#'(*0&aIX&'14&X&A
 
&~&w ˆX&s 
 &„ &x  
X&7X&6&*&L&!.*0#&(#&'"$&A6@&&/(#&'1&4%?/L#(%
CL1&&9#(&'#V$#81(&c&!"$#"*D*$%)*Q&5&(#&P?)1(%D&'"1Q0?&?&\C%+Q*X&(#5.14+1D&'"#$%D
'4%D1(*0?&0#D1(1&%$(#D1("*01&(1&'#D%&?&;%'(*X&(1C%&(#&<1.%D&'$4'0%D&*&V$)#"'0%D
4%L$?P5?X&(#+#%&%'"#"#0&(#"4*'#&'#&'.%)*D#&(¯&`(&D*'.*X&L#&51&"%&C$%9&9#(#&!"14#(#&E9#(¯
!"1N#(¯Gi&?&"%.*0%&4$1X&+"%&'1&(#/*)&C$#L*(1&?&\C%+Q*&/)&!"*4#8&C$#L&M.#'(*0&\1D
=?/15#&^^^aIIIX& 2,&W&H$?V1.0#&51&(#.#/*%X&L#&&"%&D%$#%&9*"*&C$%9&B%"$%D#(%)&=
B#$#(%)*Q&5&?&08*S*<*&4(  0- $
X&;1%C$#L&A X&4%0?+#)#%
L%0#/#"*&L#&%$(#D1("*&(#&%91.*'0?&4%$1L&"%C&'"1Q0#&4$1"'"#)J#5?&<$0)?&†&O&
&¿


IX&22 2
 
&„&Y1+1"#$&&4%0#/#%&4$*D1$*D#X&L#&&%(&(1&'#D%&*D*"%)#%X&(1C%&P#0&*&N#./*0%)#%
L?9$%)#P01&*&'$9*5#('01&(%)<1&B#.1(L#$&3$%')1"#&2X&@7A


 

 26

 !
" #

!"14#(&II&B%"$%D#(*Q&(*51&*D#%&%L$S#(%C&/#0%(*"%C&D?+0%C&4%$%L#&]1C%)#&'?&D?+0#&L1<#
4%D$.#&4$1&81C# &_*D&51&%(&?D$%&81C%)&D.#>*&9$#"&K.#L*'.#)&4$%C.#'*%&51&/#&(#'.1L(*0#
')%C&'*(#&H)$"0#X&"#L#&D.#L*Q#&%L&(14?(*V&41"(#1'"&C%L*(#X&#&'#D&51&?/1%&)$V%)(?&).#'"&?
')%51&$?01&R.*&"#&81C%)#&).#'"&(*51&L?C%&"$#5#.#&[&01$D1(L'0%D&#$V*)?X&D1>?&4%)1J#D#
4%$%L*<1&K?0%'.#)*Q#X&(#.#/1&'1&L)#&(1L#"*$#(#&4*'D#X&?&0%5*D#&0(1/&K.#L*'.#)&'#&S1(%D
O1.1(%D&*&'*(%)*D#X&9#(%D&H)$"0%D&*&0(1/%D&K?0%DX&4%")$>?51&*/)1'(#&4$#)#&0(1/?&K.#"0?
K?0%'.#)*Q?X&0%5#&51&81C%)?&%<?&9*%&4$*/(#%&9#(&!"14#(&3%)1J1&'?&*/L#"1&F0¯L#&C$1L+1
C%'4%L*(¯&9#(&H)$¯"0%&(#*4$¯)%&?&V.¯D'0?&/1D.?F&=1>?"*DX&?&"$1Q%5&4%)1J*X&L#"*$#(%5
A2 X&(1D#&)*+1&4%D1(#&%&0(1/?&K.#L*'.#)?X&(1C%&(%)?&4%")$L?&L#5?&9#(%)#&D#50#&*&9#(
H)$"0% &`P1)*L(%&51X&L#&51&K.#L*'.#)&?&"%&L%9#&9*%&)1Q&D$"#)X&4$1S*)1)+*&9$#"#&')1C#
%0%&C%L*(?&L#(#

B(1/&K.#L*'.#)X&0#%&D?+0#&C.#)#&*&'"#$*5*&P.#(&L*(#'"*51X&*D#%&51&L%)%J(%&#?"%$*"1"#X&L#
4%'.1&9$#"%)1&'D$"*&(1%'4%$1(&?/D1&).#'"&?&')%51&$?01&R.*&0#L&51&%'"#.#&81C%)#&?L%)*<#
'#D#&'#&D#.%.1"(%D&L1<%DX&81(&51&4%.%S#5&4%'"#%&D(%C%&"1S*&T1&/(#5?Q*&5#'(%&0#0%&Q1
4$1D#&81(%5&L1<*&L#&'1&4%(#+#&D#>#$'0*&0$#J&%L.?P*.#&'1&0(1C*8#&O1.1(#X&*&0#%&D#50#&*&0#%
C.#)#X&0?Q1X&L#&%L1&?&=#>#$'0?&*&L#&.*P(%&?$1L*&"#D%&'")#$*&T1'?D8*)%&*/&%4$1/(%'"*&%(#
(*51&V"1.#&L#&)%L*&'#&'%9%D&H)$"0#X&(1C%&51&?/1.#&D.#>1C&'*(#&0(1/#&K?0#&e"#&51&?&=#>#$'0%5
')$+*.#&?&"#5&D#V&(1&/(#&'1&L#(#'&4%?/L#(%X&#.*&%LD#V&4%&4%)$#"0?X&A2 &C%LX&'#/)#.#&51&?
=*.#D#&E?&5#5#P0%D&'$1/?G&/9%$&')1&;%'(1X&-%8*V&B$#51)#X&\#C%$5#&*&:?D'01&\1DJ1&H#5&/9%$X
(14%'$1L(%&4%'.1&81(%C&4%)$#"0#&*/&[C#$'01X&?4?Q?51&(#&"%X&L#&51&9*.%&4%&'$1L*&(10%&)#S(%
)1Q#81&;#(%)#&D#50#X&0%5#&51X&4%&')1D?&'?L1Q*X&9*.#&%L.?P(#&S1(#X&*D#.#&51&"%D&4$*.*0%D
?'41V#&;%'#('0#&).#'"1.#&*/5#'(*.#&'1&"%D&4$*.*0%D&/#&')%5?&L*(#'"*5?&-#&51&51L#(&L1%
)1.*0#+#&/#&"#0)%&L$S#81&"$19#.%&/#L%9*5#"*&4%0.%(*D#&*&4%).#'"*<#D#&4%/(#"#&51&4%5#)#
!$1L81C#&K10#&*&0%L&(#'&*&(#&'"$#(*i&#&4$*D1$&/#&"#0)1&4%).#'"*<1X&P#0&)$.%&+*$%01X&51'"1
4%)1J#&0%5#&51&"%D&4$*.*0%D&L#"#&0(1/?&K.#"0?&K?0%'.#)*Q?&]1D?&'1&/#0.1.#&9#(%)#&D#50#
*&'#D&9#(&'#&L)#(#1'"&(#5?C.1L(*5*V&0(1/%)#&*&)1.*0%L%'"%5(*0#X&L#&Q1&D?&%'"#)*"*&')#
*D#8#&*&4$#)#X&0%5#&51&9*%&L%9*%&%L&9#(#&!"14#(#i&L#&D?&(1Q1&'?L*"*&9#(&P#0&(*&%(L#X&F#0%&9*
L%4#.¯&0(1/¯&K.#"0%&0%1&0$*)*(1&#&*.*&(1)$1XF&L%0&(1&L%>1&0?Q*X&?&BJ?PX&*&L%0&D?&(1&9*X
#0%&9*&F?&0%Û&(1)$?&/#+.¯F&'?L*%&/9%$&')1&/1D#J'01&C%'4%L1X&0#0#)&'1&*&"#L#&'#'"#% &-#
51&A2 &C%L*(1&9*.%&*4#0&?&;%'(*&(10*V&.%0#.(*V&4%9?(#&')1L%P1&"$%C*$'0*&/#0J?P<*X&L#&'1
$#L*&9%'#('0*V&(1$1L#&EF 
FG&*&$#L*&(1$1L#&?&'?'1L(%5&:$)#"'0%5&%9$#"*&4#S8#&(#
8*V%)1&C$#L'01&?")$L1
&=%S1&9*"*X&L#&51&9*%&4%&'$1L*&4%0$1"&(101&).#'"1.1X&0%5#&51
S1.1.#&L#&*'0%$*'"*&'D$"&!"14#(#&II&*&0(1/#&K.#L*'.#)#&*&D.#L%'"&(%)%C&9#(#&T*51
(1D%C?Q1X&L#&51&%)#&(#)1L1(#&4%)1J#X&0#0%&51&)1Q&D*'.*%&o&e*+*QX&#0"&*/D*$18#&*/D1>?
0(1/#&K.#"0#&*&9#('01&4%$%L*<1 

`)%&)#S(%&4*"#81&4$1?/*D#8#&).#'"*&%L&(14?(%.1"(%C&9#(#&')$+1(%&51&/#&)$1D1&L%0&51
D#>#$'0*&0$#J&9*%&/#4%'.1(&?&!$9*5*&$#"%)#81D&4$%"*)&d#$#&-?+#(#&[&N19$?#$?&A22
(#.#/*%&'1&H)$"0%&?&c#0%)?X&0%L&0#"1L$#.1&9%'#('0%C&9*'0?4#&31$1C$*(#X&F')%C&L?V%)(%C
%<#FX&0#0%&'#D&0#S1X&CL1&51&L#%&%4$%'(%&4*'D%&%&0%(#P(%D&%9$#P?(?&*/D1>?&81C%)#&4%0%5(%C
'"$*<#&*&(10*V&L?9$%)#P0*V&"$C%)#<#X&0%5*&'?&L$S#.*&"$C%)1&?&`'"$?S(*<*&*&(#&T1$1")*  
=#.%&4%"%D&L#%&51&/#")%$*"*&'"#$1&L?S(*01&3#).#&*&31"$#&M*/.?&*.*&M*S.*Q1X&'&0%5*D#&'1
L1'1"#0&C%L*(#&$#(*51&4#$(*P*%&*&9#(&!"14#( 
;$/%&4%'.1&"%C#&H)$"0%X&'#&D#50%DX&?.#/*&?&#0"*)(?&4%.*"*0?&?&-#.D#<*5*&!1'"$#&<#$#
-?+#(#X&?L%)*<#&=.#L1(#&e?9*Q#X&4%P1.#&51&%L&'14"1D9$#&A22&4$1C%)#$#"*&'#&=.1P*Q*D#X
L#&*D&4$%L#&')%51&C$#L%)1&B.*'&*&!0$#L*(&[&"%D&4$#)<?&51&$#(*51&$#L*.#&*&B#"#$*(#


 

 2@
-#(L%.%)#X&$%L%D&=.1P#(0#X&S1(#&'.#9%C&3#).#&III&e?9*Q# &B$#J&b#5%+X&"#L#&4$%"*)(*0
-?+#(%)X&4%0?+#%&51&$#(*51&L#&"1&C$#L%)1&L%9*51&/#&'191&\#&"#5&<*J&*D#.#&D?&51&4%'.?S*"*
0(1C*8#&O1.1(#X&e?9*Q1)#&%L*)#X&'#&'*(%D&H)$"0%D&d#$&-?+#(&51&4%'.#%&4%D%Q&'1'"$*
?4?"*)+*&')%51&4%'#L1&?&%9#&"#&C$#L#&[&!0$#L*(?X&CL1&51&C$#>#('")%&(14$*5#"1J'0*&L%P10#.%
'$4'0?&)%5'0?X&4$*L$?S*.*&'?&'1&!$9*D#&*&=.1P#(*&`)*D#&51&'$4'0*&/#4%)1L(*0&c?$#+
U.*QX&4%&$#(*5%5&(#$1L9*&<#$1)%5X&*&4$1L#%&C$#L&%LD#V&4%P1"0%D&A2,&C%L&B.*'X&D#.%
L%<(*51X&/#?/1+1&=#>#$*&B(1C*8#&O1.1(#&*&H)$"0%&%L#/)#.*&'?&'1&4%/*)*D#&D#>#$'0%C
0$#J#&`(*&'?&L%'"#&S*)%&L1.%)#.*&?&-#.D#<*5*&H?&51&H)$"0%X&4%&'4%$#/?D?X&L%9*%&(101
9.*S1&(14%/(#"1&C$#L%)1&)%5)%L1&M$C?$#X&#&T%)0%&d*4$*5#(*Q&4$1L#%&D?&51&51L#(&C$#LX&0%5*&51
'#D&L$S#%&=#50#&9#(%)#&4$1C%)#$#.#&51&'#&0(1/%D&U)#(%D&T1.*4*Q1D&*&*D#.#&51&'&8*DX&?
L$?+")?&')%C&'*(#X&*&'#'"#(#0&?&B(*(?&H$%C*$'0*&0(1/&5#)J#%&51&2&D#5#&A22&?&=.1"01X
0#0%&%(&D*'.*X&L#&Q1&"*&'#'"#(<*&L%)1'"*&L%&9.*S1&/#51L(*<1&3%L9#(&0(*('0*&'4$1D#%&51&"#5
9.*S*&L%C%)%$&'#&(1'0$*)1(%D&S1J%DX&L#&'1&'")%$*&+"%&5#P*&N$%("&4$%"*)&=.1P#(#X&*
4%0$1"#%&51&(#&"%&')1&?"*<#5(1&J?L1&*&C$#L%)1&B(1C*8#&O1.1(#&51&(#D1$#)#.#&L#&'1&'#'"#(1&*
'#&B#"#$*(%D&-#(L%.%)%D&*&L#&51&4$*L%9*51&/#&D#>#$'0%C&0$#J#X&4#&5%5&51&?&"%D&'D*'.?&'.#.#
*&(101&')%51&*&81C%)1&4%$?01 &R.*&)1/1&0(1C*8#&D.1"#P01&*&'$4'01&'#&J?L*D#&*
*("1$1'*D#&8*V%)*V&/1D#J#&91V?&5#P1&%L&$#/.%C#&0(1C*81&O1.1(1X&0%5#&51&$#L*.#&/#&8*V%)#
4$%"*)(*0#
3$1L&0$#5&.1"#&*&D#50#&*&'*(&(#.#/*.*&'?&'1&?&;%'(*X&CL1&'?X&?&K*'%0%DX&&'14"1D9$#X
4%")$L*.*&4%).#'"*<1&L?9$%)#P0*D&"$C%)<*D#X&0%51&'?&%(*&?S*)#.*&*&/#&$#(*5*V&9#(%)# 
[&4$%.1Q1&A2,X&0#L&'?&'1&$1+#)#.1&'")#$*&?&-#.D#<*5*X&H)$"0%&'1&(#.#/*%&?&')%D&L)%$?&?
"$C?&(#&T1$1")*X&?&'"#$%D&-$*51)?X&9.*S1&/1DJ*+"?&L%C#>#5#X&*&*/L#)#%&51&?&/#0?4&"#5&"$CX&/#
P1"*$*&C%L*(1&?(#4$1LX&(1&(#L#5?Q*&'1&(*0#0)*D&*/D1(#D#&(#&"%D&4%L$?P5?
\#&)$1D1&)1.*0%C&$#"#X&0%5*&'1&)%L*%&%L&A2,&C%L*(1&*/D1>?&=#>#$#&*&=.1P#(#&%&4%'1L
-#.D#<*51X&%&9#(?&H)$"0?&(1D#&(#$%P*"%C&4%D1(#&K*L1.*&'D%X&L#&51&*&%(&$#L*%&4$%"*)
=.1"#0#X&#.*&(1&/(#D%&'#')*D&'*C?$(%X&?&0%.*0%5&51&D1$*&4%D#C#%&=#>#$*D#&*&'#&0#0)%D
*'0$1(%+Q?&3%&*/)1'(*D&D%D1("*D#&*/.#/*&4$*.*P(%&5#'(%X&L#&'1&%(&(10*D&')%5*D
4%'"?4<*D#&/#D1$*%&=#>#$*D#X&*&"%&?4$#)%&?&"%&)$1D1
T#&"#0#)&/#0J?P#0&?4?Q?5?&(#'&L%C#>#5*&'&0$#5#&A2,&*&4%P1"0#&A26&C%L*(1&H#L#&51&*/)1'"#(
L1%&9#(%)*V&)1.*0#+#&4$1+#%&(#&'"$#(?&D#>#$'0%C&0$#J#&\#+"%&"%&L#&P*(1X&#0%&51&*&H)$"0%
81C%)&P%)10“&U&/#+"%&*V&D#>#$'0*&0$#J&0#%&%")%$1(1&%LD1"(*01&9#(%)1&4$*D#&4%L&')%51
%0$*J1X&#0%&51&*(#P1&/#L%)%J#(&'#&H)$"0%D“&U/&'#D1&A2,&C%L&*D#D%&%P?)#(1&'#D%&L)1
H)$"0%)1&4%)1J1&3$)#&51&*/&D#$"#X&'#&L?9$%)#P0*D&4%).#'"*<#D#X&#&L$?C#&51&4*'#(#&
(%)1D9$#&A2,&*&4%")$>?51&<$0)*&!)&31"$#&?&['%$*&*/)1'(%&*D#81&(#&%'(%)?&'"#$*V
L#$%)(*<#X&0%51&4%"*P?&5%+&%L&9#(#&3$*51/L1&H?&'1&4%D*81&'&L?S(*D&+"%)#81D&D#>#$'0*
0$#J&0#%&F(#+&C%'4%L#$F &R.*&'1&9$/%&4%"%DX& &D#$"#&A26X&5#)J#&4%)1J#&0$#J#&b#5%+#
*/L#(#&:$)#"*(*Q*D#X&M$C?$?&*&K.#L*'.#)?X&*&M$C?$?&!"14#(P*Q?X&F4.1D*Q*D#&%L&M$191(#&*
M.#D%P#FX&0%5%D&*D&%91Q#)#X&L#&Q1&*D&4%")$L*"*&')1&4%'1L1&*&'.%9%L1X&#0%&*/)$+1&')%5&(#?D
*&%9$#"1&'1&F(#&)1$(%'"F&81D?&*&81C%)%5&'?4$?/*&`(&Q1&*V&F/#&)1P(#&)$1D1(#&*/?/1"*&%L
).#'"*&*&5?$*'L*0<*51&9%'#('0%C&9#(#FX&*&4$*D*"*&4%L&')%5?&/#+"*"? &T#&L$?C%5&'"$#(*
)*L*D%X&L#&*&9#(&H)$"0%&4%'"?4#&(#&*'"*&(#P*(&U&%(&51&A26&C%L&*/L#%&4%)1J?&4%/(#"%D
0(1/?&K.#"0?&K?0%'.#)*Q?&*&81C%)?&'*(?&*&%9#)1/#%&'1&8%DX&L#&(1Q1&81C#&4$%C%(*"*&$#L*
(1)1$1&81C%)#&(#4$1L&4%D1(?"%C#&$%>#0#&M$C?$#&:$)#"*(*Q#&E3#).%)#&'*(#G  &F(*&/#&1L(%
/.%&P*(1(*1&/#&M$¯C?$1)%F&H%&%P1)*L(%&4%0#/?51X&L#&%L(%+#5*&*/D1>?&0$#J#&*&9#(#&(*'?
0#0%&"$19#&R.*&/#+"%&51&L%+.%&L%&"%C#“&O1L(*&D*'.1X&L#&51&9*.%&4%&'$1L*&4*"#81&:?D#X&0%5*
51&b#5%+&"$#S*%&0#%&D*$#/&?/&S1(?&R.*X&4*"#81&D*$#/#&%(&51&D%C#%&4%'"#)*"*&%LD#VX
(14%'$1L(%&*/#&"#'"%)1&'D$"*X&*.*&*/#&'D$"*&0(1/#&K.#L*'.#)#X&0#L&51&4%.%S#5&D.#L%C&9#(#
9*%&)$.%&"1S#0&*&0#L&9*&D?&"#5X&L#&(1&*/#/%)1&"1S1&'D?"81X&(1'?D8*)%&D%$#%&4%4?+"#"*&K
B.#5*Q&D*'.*X&L#&'?&0$#J#&%L&1(1$C*P(*V&0%$#0#&?&;%'(*&/#L$S#.1&"#L#&9%$91&?&!$9*5* 

=1>?"*DX&"#5&*'"*&0$#JX&5%+&/#&S*)#&<#$#&-?+#(#X&?.#/*&?&9%$9?&'&=.1"#P0%D&Y14?9.*0%DX
0%5#&51&')#0#0%&D%C.#&9*"*&%4#'(*5*&4$%"*)(*0&%L&D.#L%C&9%'#('0%C&9#(#&!&"%C#&(#'&"*


 

 2
$#/.%/*&(1&D%C?&L#&/#L%)%J1&=*&(#4$%"*)&D*'.*D%X&L#&51&9#+&%)1&C%L*(1&b#5%+&L%9*%&(101
4%'19(1&$#/.%C1&L#&9?L1&(1/#L%)%J#(&'#&H)$"0%D&U/&D.1"#P0*V&)1'"*&(1&)*L*D%X&L#&51&9*.%
0#0)*V&*("*D(*5*V&)1/#&?&"#5&D#V&*/D1>?&8*V&*&9%'#('0%C&9#(#X&0#%&$#(*51&/#&)$1D1&!"14#(#
II&4$*&9%$9#D#&%0%&\#L$#&R.*X&*D#&(#&L$?C%5&'"$#(*&51L(#&)1'"X&0%5#&C%)%$*&%&"%DX&0#0%
H)$"0%&(*51&9*%&.%5#.#(&4$1D#&b#5%+?&H#.%<*&4%D*81&51L#(&D#>#$'0*&#0"X&*/&0%C#&9*
*/.#/*.%X&L#&51&9#(X&F'&0$#5#&A2,&*.*&'#D&(#'$"#%&(#&'?'51L(*&?C#$'0*&"1$*"%$*5&*.*&4?'"*%
')%51&)1.*0#+1X&L#&?&8&/#L*$?F  &3%)%L&/#&"%&D%C.%&9*&L#"*&D%SL#&H)$"0%)%
(1/#L%)%J'")%X&+"%&C#&0$#J&(*51&4%'19(%X&0#0)*D&/(#"(*5*D&?'"?4<*D#X&(#C$#L*%&/#&?'.?C1X
0%51&D?&51&'&D#50%D&P*(*%&?&-#.D#<*5*
-#&'1&%L(%+#5*&4%C%$+#5?&/(#"(%&51&L%4$*(1%&(#'.1L(*0&4$1D*(?.%C&9%'#('0%C&9*'0?4#X
31"#$&!*0.%+*&]1C#&51&/#&9%'#('0%C&9*'0?4#&4%")$L*%&&N19$?#$#&A2,&C%L&4#4#
U(%Q1("*51&aI&`LD#VX&'5?"$*&L#(X&4#4#&51&?4?"*%&4*'D%&D#>#$'0*D&L%D*(*0#(<*D#X&?&0%D1
*V&51X&(#&%'(%)?&51L(%C&$#(*51CX&"%9%S1&*/C?9J1(%CX&4*'D#&4#41&U)#(#&^^IIX&4%/*)#%&(#
0$'"#+0*&$#"&4$%"*)&;%'(1&*&!$9*51  
B$'"#+0*&$#"%)*&'&D#>#$'01&'"$#(1&4$%"*)&F+*/D#"*0#&*&51$1"*0#F&9*.*&'?&?)10&4%.*"*P0%
%$?S51&8*V%)1&L$S#)1&4$%"*)&'?'1L(*V&).#L#$#X&(#$%P*"%&?&;%'(*X&0#LC%L&(*'?&9*.*&(#
P*'"%&%&8*V%)%5&4$*)$S1(%'"*&*.*&0#L&51&"$19#.%&L#&4$%)1L?&*/)1'(1&')%51&(#D1$1&U&%)%C
4?"#X&4*'D%X&0%51&51&L#"%&'5?"$*&L#(&4%'.1&4%")$L1&9%'#('0%C&9*'0?4#X&91+1&51L#(&F%")%$1(*
.*'"F&'"#)J1(&(#&$#'4%.%S181&D#>#$'0%5&0$?(*&*&<$0)*X&L#&'&8*D&4%'"?4#5?&4%&')%D
(#V%>18?&T1&/(#D%&L#&.*&51&H)$"0%&L%/(#%&/#&'#L$S#5&"%C#&4*'D#&*&4%/*)#X&#.*&%(&.*P(%&(*51
0$*%&')%51&(1$#'4%.%S181&4$%"*)&9*'0?4#&4%$10.%D&=#>#$#&R&4%"#0#%&51&*&U)#(#X&.10"%$#
9%'#('01&0#"%.*P01&<$0)1X&L#&4%P(1&$#L*"*&4$%"*)&!*0.%+*5#&;*'0?4?&51X&D1>?"*DX&L%4#.#
L%&$?01&4$14*'0#&*/D1>?&9#(#&*&.10"%$#X&"1&%(X&?9$/%X&L#L1&U)#(#&?V)#"*"*X&*/9*"*&*
0#/(*"* 
\#4.#+1(&)1.*0%D&0$#J1)%D&)%5'0%D&*&81C%)*D&?'41'*D#&4$%"*)&=.1P#(#X&#&)*L1Q*&L#&?
/1DJ*&*D#&4$%"*)(*0#&*&0%L&).#'"1.1&*&0%L&0.*$#X&H)$"0%&%L.?P*&L#&'1&D*$*&'#&b#5%+1D&[
.1"%X&4$1&6&5?.#&A26X&'0.%4J1(&51&?C%)%$&*/D1>?&8*V&(#&%)%5&%'(%)*&9#(&H)$"0%&?'"?4*%
51&0$#J?&FP*"#)?&V?D'0?&/1DJ?F&0#%&D*$#/&?/&0$#J1)?&S1(?&O1.*'#)1"?X&#&0$#J&51&4%")$L*%
H)$"0?&*&9$#"?&D?&K?0?&P*"#)?&;%'(?&'&['%$%DX&'&4%C%L9%D&L#&*+P*'"1&/1DJ?&%L&4#"#$1(#&*
51$1"*0#&`)%&%C$#(*P181&L%+.%&51&(1'?D8*)%&'#&(#D1$%DX&L#&%D%C?Q*&0$#J?X&4%&4%"$19*X
(%)%&D1+#81&*&4%'$1L%)#81&?&9%'#('0*D&'")#$*D#&-#J*&?'.%)*&'?&9*.*&L#&9#(&4$*/(#51
)$V%)(?&).#'"&D#>#$'0?X&%L(%'(%&0$#J1)?X&L#&C#&4%D#S1&?&$#"%)#8*D#X&*&L#&(#&0$#J1)?
L)%$?&'"#.(%&S*)*&*.*&9#(&*.*&81C%)&9$#" &=1>?"*DX&)#J#&(#4%D1(?"*&L#&=#>#$*&(*'?
L%9*.*&<1%&:?D&(#&%91&%9#.1&T1$1")1X&(1C%&'#D%&:?D&(#&81(%5&L1'(%5&'"$#(*&`'"#.*&L1%
%'"#%&51&*&L#J1&?&).#'"*&H)$"0%)%5&!#&:?D%D&/#51L(%&H)$"0%&51&?'"?4*%&=#>#$*D#&*
\#)$+51X&0#%&/#.1>*(?&/#&-#.D#<*5?i&%L(%'(%&4$*/(#%&51&4$*.#/#0&81C%)*V&C%'4%L#$#
:$)#"*(*Q#&*&!"14#(P*Q#&4%L&D#>#$'0?&/#+"*"? &3$1D#&4%)1J*&b#5%+1)%5&%L&6&D#5#
A2@X&0%5%D&51&0$#JX&0#%&4%91L(*0&(#L&=.1P#(*D#X&4$*D*%&4%L&')%5?&/#+"*"?&-?9$%)#P0?
Y14?9.*0?X&9%'#('0*&9#(&51&*D#%&9*"*&*&(%)P#(%&%+"1Q1(&U#0%&C#&b#5%+&"?&(#/*)#&F')%5*D
)1$(*DF&0.1")1(*0%DX&%(&*4#0&"$#S*&L#&Y14?9.*0#&(1&4.#Q#&)*+1&H)$"0?&(1C%&81D?&%(*V
277&41$41$#X&0%51&51&L#)#.#&L%".1&0#%&'"%('0*&L%V%L#0&9#(?&[&*'"%&)$1D1&0$#J&'1&%9#)1/#%&*
L#&Q1&9$#(*"*&Y14?9.*0?&%L&'$4'0%C&<#$#&*&9%'#('0%C&9#(# &B#%&0$#J1)&*/#'.#(*0X&0%5*&51
*D#%&L#&4$*D*&%L&-?9$%)P#(#&/#0.1")?&)1$(%'"*X&9*%&51&%L$1>1(&9%'#('0*&9*'0?4&31"#$X
F(#+&'#)1"(*0FX&0#0%&)1.*&?&')%D&4*'D?&/#&8&'#D&b#5%+X&0%D1&5%+&L#51&(#/*)1&F
 
 X&   X&&  &   X& X&‚ X&  &
 F 
`)#5&C?9*"#0&H)$"0%&(*51&D%C#%&.#0%&L#&4$1S#.*&R.*X&4%'.1&4%$#/#&=.1"#P01&Y14?9.*01&*
4%'.1&?'41+(*V&b#5%+1)*V&$#"%)#8#&?&!$9*5*X&%(&/#&L?C%&)$1D1(#&(*51&'D1%&L#&4%0#S1&')%51
(1/#L%)%J'")%&*&4$1L?/D1&+"%C%L&4$%"*)&=#>#$#X&L#&*/$#)(#&*.*&4%)$#"*&C?9*"#0&!&"%C#&51X
L?9%0%&(1/#L%)%J#(X&?&?.%/*&D#>#$'0%C&)#/#.#X&P10#%&4%C%L#(&"$1(?"#0
[&*'"%P(%5&4%.%)*(*&L#(#+81&:1$<1C%)*(1X&%L&b?C#X&%L&4$*.*01X&4#&L%&!1(*<1X&'#


 

 ,7
B%(#)J1DX&H$19*81DX&-$#P1)*<%DX&M#<0%D&*&C%$8*D&3%L$*81DX&).#L#%&51&5%+&?)10&'$4'0*
<#$X&%L(%'(%&81C%)&)%5)%L#X&0(1/&K%5*'.#)&K%5*(%)*Q&`)#5&51&J?9%D%$(%&4$#"*%&?'41V1
=#>#$#&?&-#.D#<*5*&/(#5?Q*&L%9$%X&L#&Q1&4%'.1&=.1P*Q#&L%Q*&(#&$1L&!$9*&\9%C&"%C#&+"%&51
-?9$%)(*0&4$*/(#%&)$V%)(?&).#'"&D#>#$'0?&!$9*&'?&4%P1.*&L#&/#/*$?&*&%L&')%C&'"#$%C
4$*D%$'0%C&4$*5#"1J#&*&?9$/%&8*V%)*&%L(%+#5*&(1&'#D%&L#&V.#L(1X&(1C%&4%'"#5?&P#0&*
(14$*5#"1J'0* &-%".1X&(%)*&'$4'0*&<#$X&D.#L*&[$%+X&4%(#+#%&'1&4$1D#&-?9$%)(*0?
)1%D#&4$*5#"1J'0*&`(&51&?&#4$*.?&A26&4%")$L*%&Y14?9.*<*&(1&'#D%&')1&'"#$1&4%).#'"*<1X
(1C%&5%5&51&2&"%C#&D1'1<#&%L'"?4*%&4%)1J%D&*&(1+"%&4%L$?P5#&*/(#L&Y*5101&*&<1%&D#.*&0$#5
%L&h?"1&L%&B?$*.#X&%L(%'(%&L%&L#(#+81C&31"$%)#&!1.#  
`LD#V&4%'.1&'0.%4J1(%C&D*$#&*/D1>?&=#>#$#&*&=.1P#(#&-?9$%)#P0#&Y14?9.*0#&S?$*X&L#
L#L1&')%5#&%9#)1+"18#&%&'*"?#<*5*&L)%5*<*&C.#)(*V&'?'1L#&K1Q&7&N19$?#$#&A2@&91+1&?
8%5&$1+1(%&L#&*L1&51L#(&4.1D*Q&H)$"0?X&#&L$?C*&0(1/?&K%5*'.#)?&K%5*(%)*Q? 
&`L(%'*
*/D1>?&!$9#&*&=#>#$#&(*'?&9*.*&L%9$*&*&%'1Q#.%&'1X&L#&Q1&?'0%$%&L%Q*&L%&9%$91&!)*&'?'1L*
9*.*&'?&/#9$*(?"*X&#&D1>?&8*D#&*&9#(&H)$"0%&U&%(&*&81C%)*&J?L*&$#'4*"?5?&'1&?
-?9$%)(*0?&%&')1D?X&(#.#/1Q*&L#&51&"#5&C$#L&*&(#59$S1&*&(#59%J1&%9#)1+"1(&B#L&51&?&51'1(
A2@&4%P1%&'$4'0%D#>#$'0*&$#"&K%5*'.#)&K%5*(%)*Q&51X&*/#/)#(X&/#0$)*%&'#&-?9$%)P#(*D#X
0%5*&'?&9*.*&D#>#$'0*&)#/#.*&*&.#0%D*&(#&.#0?&L%9*"&*&%)%C&4?"#&)$.%&(1.%5#.(*&0#%&'?'1L*
3$*"1+81(*&%L&0(1S1)1&)%5'01&-?9$%)P#(*&'?&'1X&D1>?&L$?C*D#X&%9$#Q#.*&/#&4%D%Q&*
H)$"0?X&#.*&'1&%(&(*51&V"1%&(#$%P*"%&*/.#C#"*&/9%C&8*V&*&?.#/*"*&?&"1&'?0%91&U#0%&'?&'1
(14$*5#"1J'")#&*/D1>?&K%5*(%)*Q#&*&-?9$%)P#(#&4$%L?S#)#.#&(10%.*01&C%L*(1X&L%&A,X
H)$"0%&51X&*4#0X&<1.%&"%&)$1D1&%'"#%&(1?"$#.#(&O1L*(%&(#&+"%&51&4$*'"#5#%&4$1L&0$#5&"1&L?C1
9%$91&9*.%&51&"%X&L#&4%'$1L?51&0%L&K%5*'.#)#&/#&D*$  &-?9$%)P#(*D#&51&"#0)%&81C%)%
L$S#81&9*.%&?&*/)1'(%5&D1$*&(1$#/?DJ*)%X&4%+"%&51&*&H)$"0%&9*%&D#>#$'0*&)#/#.&*X&4$1D#
"%D1X&(#&(10*&(#P*(&%9#)1/#(&L#&'1&(#>1&(#&8*V%)%5&'"$#(*&!1D&"%C#X&%(*&'?&D?&4%'$1L(%
'"#)J#.*&L%&/(#8#X&L#&9*&K%5*'.#)&D%C#%&4%'"#"*&%4#'#(&*&/#&8&'#D#&K%5*'.#)&'1X
(#C.#+#)#.*&'?&%(*&)*+1&4?"#X&(#/*)#%&FV?D'0*D&0(1/%DF&M%)%$*%&51X&L#&51&!"%(&9*.%
'$1L*+"1&V?D'0*V&0(1/%)#&*&L#&Q1&C#&%(&4$1%"1"*  &R&#0%&C#&4$1%"D1&5#'(%&51X&L#&9*&"%
?C$%/*.%&*&9%'#('0?&).#'"&?&:?D?&R.*&H)$"0%X&(1/#L%)%J#(&D#>#$'0*D&4%'"?40%D&4$1D#
'19*X&#&*&%'.#9J1(X&(*51&V"1%&(*0#0%&L#&4$1>1&%")%$1(%&(#&8*V%)?&'"$#(?
B$#J&b#5%+&*D#%&51&?&T*0%.*X&'*(?&-?5D#&;.#C#5'0%CX&%L#(%C&4$*5#"1J#&B$#J&'#D&*'"*P1&?
4%)1J*&%L&,&N19$?#$#&A2&/#'.?C1&81C%)1&*&81C%)1&4%$%L*<1&/#&0$#J1)1&?'41V1&(1&'#D%
4%L&\#L$%DX&(1C%&P#0&*&?&R4?.*5* &[&0$#J1)?&D*.%'"&?+.#&51&4%'.1&*&C$#(#&!"14#(#
;#9%(*Q#X&0(1/%)*&-*(0%&*&3#).1X&0%5*&'?&(#4?'"*.*&$#(*5*&%4%/*<*%(*&'"#)&*&9%$*.*&'1&/#
0$#J#X&4#&*D&51&b#5%+X&0#%&(#C$#L?X&A,7&C%L&4%0.%(*%&0$?4'0*&C$#L &\#&')1&)$1D1
0$#J1)*V&(14$*5#"1J'"#)#&4$1D#&;%'(*&%(*&'?&'"#.*&?/&=#>#$1X&0#%&)1$(*&0.1")1(*<*
8*V%)1&0$?(1X&#.*&%&(10*D&8*V%)*D&(#$%P*"*D&(14$*5#"1J'")*D#&4$1D#&9#(?&H)$"0?&(1D#
(*0#0)#&*/$1P(%C&4%D1(#
`L(%+#5*&9#(#&H)$"0#&'#&-?9$%)(*0%D&9*.*&'?&*(#P1&/#&%)%&)$1D1&4$*5#"1J'0*&B%.*0%&'1
L#&)*L1"*&*/&%P?)#(*V&'4%D1(*0#X&*/D1>?&8*V&(*51&9*.%&(*51L(%C&4*"#8#X&0%51&9*&D?"*.%
4$*5#"1J'")%&*.*&D%C.%&L#"*&4%)%L#&/#&0#0#)&'?0%9&!&"%C#&51&"1+0%&$#/?D1"*&%)?&)1'"X
/#91.1S1(?&?&L?9$%)#P0*D&08*C#D#&4%L&L#"?D%D&&%0"%9$#&A,&H#5&L#(&$1+#)#.%&'1&?
K1Q?&[D%J1(*VX&L#&'1&(#&4*'D%&*&4%'.#('")%&9#(#&9%'#('0%C&*&81C%)1&D#501&%LC%)%$*&*'"%
"#0%&4*'D1(%&F'#&.14*D&$1P*D#XF&#.*&*/)*8#)#5?Q*&'1X&"%&51'"&(1&*'4?8?5?Q*&8*V%)?&S1J?
`L&A &4$*'?"(#&)1Q(*0#&'1LD%$*<#&(*'?&9*.#&'#C.#'(#&'#&"*D&%LC%)%$%D&\(#P*X&L#0.1X&L#&'1
$#L*.%&%&(10%5&'")#$*X&0%5#&(*51&9*.#&(#&?+"$9&-?9$%)(*0#X&(1C%&51&"$19#.#&L#&9?L1&%L&.*P(1
0%$*'"*&/#&9#(#&R.*&0#0)#&51&"%&9*.#&S1J#&(*51&0#/#(%
[&D#5?&A,A&C%L*(1&5#)J#5?&'1&?&-?9$%)(*0?&*/(1(#L#&(101&?/(1D*$#)#5?Q1&)1'"*&*/&;%'(1&*
Y14?9.*0#X&*/&%4$1/(%'"*X&%L.?P?51&L#&)1Q#&%&D1$#D#X&0%51&"$19#&'#)1"%)#"*&81(*D
"$C%)<*D#&"#D%& &5?(#&L%(1'1(&51&/#0J?P#0X&L#&(*51L#(&%L&L?9$%)#P0*V&"$C%)#<#&(1&'D1
.*P(%&?Q*&*.*&%'"#)*"*&')%51&'")#$*&?&0%D&%L&9%'#('0*V&C$#L%)#X&4%L&4$1"8%D&0#/(1&%L&277


 

 ,
41$41$#&/#&%(%C&0%&?P*(*&L$?0P*51&!1D&"%C#X&'#)1"%)#(%&*D&51&L#&'1&4%)?0?&?&4$*D%$51&H1
D1$1X&4%(%)J1(1&@&5?(#X&4$1L?/1.#&51&Y14?9.*0#&(1&/9%C&(101&')%51&$#/D*$*<1&'&9#(%DX&(1C%
/9%C&(14$*5#"1J'")#X&0%51&51&(#'"#.%&*/D1>?&b#5%+#&*&H)$"0# 
Y#L*&P1C#&51&?4$#)%&L%+.%&L%&'?0%9#&*/D1>?&b#5%+#&*&H)$"0#&(1&L#&'1&L#(#'&4%?/L#(%&0#/#"*
B$#J&b#5%+X&?&)*+1&')%5*V&4%)1J#X&(#)%L*X&F & &
 &l
&  
&  
   &&r  &  

& &  &‚  & FX&*&0#0%&51&%(&.*P(%&'#


/(#"(%D&)%5'0%D&0$1(?%&L#&"%&/.%&4$1'1P1 &H?&)1$'0?&#0<*5?&L%0#/*)#%&9*&L%(10.1&*&"#5
D%D1(#"X&+"%&51&L$?C*&L1%&)%5'01X&?4?Q1(&?&['%$?X&)%L*%&(#L9*'0?4&%'"$%C%('0*&T*0%.#
O%+&A&#4$*.#&A,7&4#4#&U(%Q1("*51&aI&?4?"*%&51&9%'#('0%D&9*'0?4?&31"$?&4%/*)X
(1'?D8*)%&(#&%'(%)?&81C%)*V&*/)1+"#5#X&L#&?&*("1$1'?&<$0)1&4$%"*)&51$1"*0#&D%S1&4%L*Q*
)%5'0?X&%L(%'(%&"$#S*"*&81(%&4%'$1L%)#81 &`)#5&9*'0?4X&P*5*&51&'"#)&4$%"*)&H)$"0#
L%)%J(%&4%/(#"&%L&$#(*51X&(#'"#)*%&51&9%$9?&4$%"*)&81C#&*&4%'.1&4$)%C&D*$18#&=*&L#(#'&(1
D%S1D%&'*C?$(%&?")$L*"*X&L#&.*&51&(#&8&L%*'"#&L1.%)#.%&4*"#81&)1$'0%&?&;%'(*X&0%51&'1
$#/)*5#.%&4$10%&81C%)1&S1J1X&*.*&'?&4%'"%5#.*&*&(10*&L$?C*&$#/.%/*&]1C%)#&#C*"#<*5#
*D#.#&51&?'41V#i&'#D%&/)#(*P(%&D#>#$'0%&%9$#/.%S181&)%5(%C&4%V%L#&(#&;%'(?&?/1.%&51&0#%
$#/.%C&"#5&)1$'0*&D%D1(#"
-#&51&0%L&0$#J#&b#5%+#&9*.%&4%$1L&"%C#&*&P#0&)*+1&%L&"%C#&*&L$?C*VX&4%.*"*P0*VX&$#/.%C#X&%
"%D&(1&D%S1&9*"*&'?D81&=#>#$'0#&51&$1L%)(%&)1$'0*D&$#/.%/*D#&4%0$*)#.#&')%51&4%.*"*P01
#0<*51&?&;%'(*&B#0)*&'?&$#/.%/*&9*.*&%)%C&4?"#&(*51&L%)%J(%&5#'(%&O1L#(&*/)%$&4%D*81
(10?&9?(?&?&;%'(*X&4$%"*)&0%51&51&?'"#%&0$#J&3%9?(#&"#X&D*'.1&(10*X&5#)*.#&'1&0#%&4$%"1'"
4$%"*)&'?)*+1&5#0#&4$*"*'0#&D#>#$'01&)$V%)(1&).#'"*
[&.1"%&A,A&0$1(?.#&51&D#>#$'0#&)%5'0#&(#&;%'(?&K%L*%&51&'#D&0$#J&b#5%+&.*P(%&[4?"*.#
'1&?&'$1L*+"1&;%'(1X&L%.*(%D&K$9#'#X&?&S?4?&3.*)1X&*&4$)1&(1L1J1&D1'1<#&5?.#&%4'1L#.#&51
C$#L&!%0%&H)$"0%)&)%5)%L#&K?0#<&:$)#"*(*Q&%'"#%&51&)1$#(&9#(?&*&'#&?'41V%D&'1&%L?4$%
D#>#$'0%5&(#)#.*&B#%&(#C$#L?&/#&"%&L#%&D?&51&H)$"0%&P*"#)?&3.*)?&'&"*D&C$#L%D&L#$%)(%D
4%)1J%D&%L&&#)C?'"#&A,, &`"4%$&0%5*&51&0$#J?&L#"&0%L&!%0%.#&D%$#&L#&51&9*%&)$.%
%/9*J#(X&4%+"%&b#5%+&9$/%&(#4?+"#&L#J1&$#"%)#81&]1C%)&"#9%$&(#.#/*&'1&A&5?.#&)1Q&0$#5
!#(1i&#&&5?.#&'"*C#%&51&0$#J&?&K*$%)*"*<?&9.*/?&-$#)1&;%J1&(*51&4$%+.#&(*&L$?C#
D#>#$'0#&)%5'0#X&0%5#&9*&4%L&)%L'")%D&%'"$%C%('0%C&(#L9*'0?4#&?4?Q1(#&L%.*(%D&;%'(1&T1
/(#&'1&'*C?$(%X&L#&.*&51&%(#&4%+.#&?&*'"%&)$1D1X&0#L&*&0$#J1)#X&*.*&D#.%&L%<(*51X&L#&4%(%)%
4%0?+#&'$1Q?&*&%')1"*&4$)%&'?/9*5#81&R.*&(*&%(#&(1&9*&9%J1&'$1Q1&H)$L*&C$#L&!$19$1(*0
%L$S#%&'1&5?(#P0*&4$%"*)&')*V&(#4#L#&3%L&8*D&51&4#.%&E'14"1D9$#&D1'1<#G&D(%C%&D#>#$'0*V
5?(#0#i&#&*&C?9*"#0&D#"1$*5#.#&/#91.1S1(&51&(#$%P*"%&=1>?&%'"#.*D&'")#$*D#&(1'"#%&51&P#0&*
0$#J1)&41P#"X&0%5*&51&(%'*%&%'"$%C%('0*&(#L9*'0?4&0#%&81C%)&0#(<1.#$  
3%91L#&H)$"0%)#&9*.#&51X&L#0.1X&4%"4?(#&-#&51&9*.#&)1%D#&/(#P#5(#&')1L%P*&(#59%J1&"%X&+"%
51&4%'.1&81&H)$"0%X&'#&D#50%D&*&9$#"%D&/#51L(%X&6&'14"1D9$#&A, X&L%9*%&D.1"#P0%
C$#>#('")% 
&[&4%)1J*&Y14?9.*P*(%5&(1D#X&*'"*(#X&"%C&$#/.%C#X&(1C%&'1&4%D*81&81C%)#
4#S8#&*&J?9#)&4$1D#&81(*D&C$#>#(*D#i&#.*&51&5#'(%X&L#&51&%)#0)#&4%91L#&D%$#.#&%9$#"*"*
4#S8?&(#&8&B$#J&b#5%+X&0%5*&51&'&?'41V%D&)%51)#%&?&-#.D#<*5*&*&!$9*5*X&L%S*)1%&51&51L#(
?L#$#<X&%&0%D&'1&D%$#.%&C%)%$*"*
O1L#(&L1%&9%'#('01&).#'"1.1&'D#"$#%&51&)1Q&"#L#X&L#&D%S1X&?/&D#>#$'0%C&0$#J#X&L%Q*&L%&(10*V
)1Q*V&4%'1L#&*&P#'"*X&(1C%&?/&H)$"0#i&*.*&'?&'1X&D%SL#X&9*.*&4$14#.*&%L&D#>#$'0%C&(#4#L#5#
=1>?&%(*D#&0%5*&'?&'1&%LD1"(?.*&%L&9#(#&*&4$1L#.*&0$#J?&9*%&51&L%".1&)1$(*&0(1/&K.#"0%
K?0%'.#)*Q&`(&51&%)%C&4?"#&4$1L#%&=#>#$*D#&')%5&C$#L&BJ?P&*&4?'"*%&0$#J#&(1'D1"#(#&?
(#4#L#5?&(#&!%0%&[&/#D1(?&/#&?'"?4J1(*&BJ?PX&0%5*&51&%'"#%&?&D#>#$'0*D&$?0#D#X&#.*&?&0%D
'1&*/L#5(*0&0(1/&(*51&'D1%&/#L$S#"*X&L%9*%&51&K.#"0%&C$#L&;$+Q#(%)#<&?&!.#)%(*5*X&'#
(10*D&L$?C*D&D1'"*D#  
\#&S*)%"#&<#$#&-?+#(#&V?D'0#&*&"$19*8'0#&).#'"1.#&L%9*.#&'?&9*.#&/(#P#5(1&/#L#"01&?
'$4'0%5&L$S#)*&`')%5*)+*&5?S(?&=#Q1L%(*5?&-?+#(&51&V"1%&L#&(#&)#S(*5#&D1'"#&?&8%5
4%'"#)*&')%51&4%?/L#(1&J?L1&H#0%&51&;$#(0%&=.#L1(%)*QX&'*(&$#(*51C&"$19*8'0%C&)%5)%L1


 

 ,
=.#L1(#X&9*%&?4?Q1(&/#&/#4%)1L(*0#&?&`V$*L&;%C%$%L*<#&\#V?D'0#X&4%L*C(?"#&0%L&"%C#
C$#L#X&?'4%D1(#&51&M$C?$#&;$#(0%)*Q#&(#&'"#$1&4%$%L*P(1&)1/1&[CJ1+#&=$8#)P1)*Q&L%9*%
51&4%'.1&H$19*8#&D1'"%&?&!1$?&U/&V1$<1C%)#P0%C&h?9%D*$#&*&T1)1'*8#&4%"*P1&4%$%L*<#
[C#$P*Q#X&P*5*&51&P.#(&`'"%5#&Y#5#0%)*Q&4%'"#%&'$%L(*0&B$#J1)*Q#&=#$0#&U/&"$19*8'01
4%$%L*<1&-$?C%)*Q#&*.*&_*V%$*Q#&51L#(&'1&P.#(&?"%4*%&?&$1<*&T*+#)*X&#&L#&51&9*%&?C.1L#(
')1L%P*&C$%9&'#&(#"4*'%D&?&T1D#8*(%5&<$0)*&')&T*0%.1&0%L&B?$+?D.*51  
3%'.1&'D$"*&<#$#&-?+#(#&*&/#&)$1D1&%LD1"#8#&*&(1$1L#&?&!$9*5*&4%0%.19#.#&'?&'1&*&V?D'0#
*&"$19*8'0#&).#'"1.#&H$19*8<*&'?&'1&L$S#.*&?/&<#$#&[$%+#&'.?+#5?Q*&0(1/#&K%5*'.#)#
K%5*(%)*Q#&0#%&(#5D%Q(*51C&<#$1)#&)1.*0#+#&?&'?'1L'")?X&L%0&'?&V?D'0*&)1.*0#+*X&'&.1)1
'"$#(1&T1$1")1X&4$*+.*&9%'#('0%D&9#(?&!#(0%&=*."1(%)*Q&51&9*%&(#5?C.1L(*5*&D1>?&8*D#
e1/L1'1"*V&C%L*(#&^Ia&)10#X&%0%&A,,&C%LX&9*%&51&'*C?$(%&H)$"0%)&)1.*0#+&Y#(*51&51
S*)1%&)$.%&L%9$%&'&K%5*'.#)%D&!#&!#(0%D&51&L$S#%&*&/1"&D?&S?4#(&T1(#<&_*V%$*Q&;$#"
!#(0%)&M$#L%51&(#.#/*%&'1&?&4$%.1Q1&A,&0#%&/#$%9J1(*0&0%L&L#.D#"*('0%V$)#"'0%C&9#(#
*&/#&8&51&L#"&%"0?4&%L&2777&L?0#"#X&S*)*D&/#?/*D#81D&-?9$%)P#(#&B#0%&(*&'#D*
-?9$%)P#(*&(*'?&?)10&9*.*&(#P*'"%&0%&51&?&"%&)$1D1&'&0*D&)*L*&'1&(#59%J1&*/&4*"#8#X&0%51&'?
?&D#5?&A,&?4?"*.*&!"140?&_*V%$*Q?&`(*&'?&%")%$1(%&"$#S*.*&L#&'1&%(&*/5#'(*&L#&.*&51
9#(%)&P%)10&*.*&K%5(%)*Q1)&*&<#$1)&!"140%&'1&'"#)*%&(#&8*V%)?&'"$#(?&*&?P*(*%&*D&51
L%'"#&?'.?C# &\#&!#(0#&/(#D%X&L#&51&?&;%'(*&0$#51D&A,&C%L&9*%&+"%)#(&*&%L&D%Q(#
?"*<#5#&]1C#&'?&-?9$%)P#(*&?&"%&)$1D1&4$14%$?P*)#.*&')%5*D&"$C%)<*D#&*/&3%L)*'%0%CX&L#
*V&'#&4$#"8%D&')%5*V&J?L*&'4$%)1L1&*/&"%C&D1'"#X&51$&*D&'1&P*(*%&')#0#0%&0#%&(#54%C%L(*5*
/#&"%&?&')#0%D&4%C.1L? &H*V&C%L*(#&%(&51X&0#%&V?D'0*&C%'4%L#$X&4$*D#%&D%C%$*+&%L
-?9$%)P#(# 
3%'.1&%(%C&)1.*0%C&?'41V#&D%C.%&'1&%P10*)#"*&L#&Q1&4%.%S#5&H)$"0%)&'#D%&%5#P#"*
-%C%L*.%&'1X&D1>?"*DX&'#')*D&%9$#"(%&K.#'"1.#X&)$.%&5#0#&?&')%5*D&%9.#'"*D#X&#&D%SL#
4%D#.%&/#$#S1(#&*&4$*D1$%D&')%5*V&L$?C%)#&*/&4%'$(?.1&[$%+1)1&<#$1)*(1X&91+1
(1/#L%)%J(#&H)$"0%D&*&81C%)%D&D#50%D&*&L*S1&9?(?&(#&8&;?("%)(*<*D#&'1&4$*L$?S*&*
D.#>*&9$#"&H)$"0%)X&K?0&e"#&51&9*%&(14%'$1L#(&4%)%L&"1&4%9?(1&(*51&L%)%J(%&4%/(#"%&[
')#0%D&'.?P#5?X&9?(#&(*51&*/9*.#&0#%&L1.%&(101&P*'"%&"?>1&#C*"#<*51X&0#%&+"%&51&9*.%&?
4$%+.*D&4$*D1$*D#i&(1C%&'1&5#)*.#&0#%&4%'.1L*<#&?(?"$#+8*V&"$)18#&T#D#&'1&P*(*X&L#&Q1
$#/.%C&/#&"%&9*"*&4%(#5)*+1&?&H)$"0%)%D&(#P*(?&).#L#)*(1X&*&D%SL#&?&)1$'0%D&4*"#8?&-#
%L?/D1&$#/.%C&'"#.(*D&4$19#<*)#8*D#&%&')%5%5&(14%?/L#(%'"*&4$1D#&$*D'0%5&<$0)*&*&'&"*D
')*D#&?/(1D*$#)#8*D#X&0%5#&'?&L%.#/*.#&'&"1&'"$#(1X&(#$%P*"%&%L&9*'0?4#&31"$#X&H)$"0%&51X
)1$%)#"(%X&?/1%&'#D&L#&1(1$C*P(*51&'$1>?51&)1$'0#&4*"#8#&!$1>?5?Q*&*V&%(&51X&4%&')%5
4$*.*<*X&4%5#P#)#%&')%5&.*P(*&/(#P#5&*&?"*<#5X&?'$1L'$1>?5?Q*&).#'"&?&')%5%5&$?<*&*
'?/9*5#5?Q*&4%51L*(?&%5#P#.?&).#'"1.?&3$*.*01&?&'?'1L(%5&!$9*5*&9*.1&'?&D?&S*)#&%4%D1(#X
L#&(1&4?+"#&?/L1&*/&')%5*V&$?0#&H%&51X&4%&')%5&4$*.*<*X&*/#/)#.%&%"4%$&%L&'"$#(1&).#'"1.1&*
9#(%)#&9$#"#&UD#&D*+J18#X&L#&51&4%)%L&?'"#(0?&9*%&)1$%)#"(%&"#5X&+"%&H)$"0%&(*51&?'"?4*%
')%D&9$#"?&FD%SL#&4$*C%L%D&81C%)1&4?(%J1"(%'"*&'"#(%)*"*&0%D#L&9#(%)*(1&*&(#'.%)
'?).#L#$'0*F &T#D#&'1&"%&(1&P*(*&?&<1.*(*&)1$%)#"(%&;%'(#&(*51&*D#.#&(*0#L&L%".1X&'1D
(#&0$#5?&^III&)10#X&(10?&0%.10"*)(?&).#L?&H)$"0%)&*&K?0%)&%"#<X&0(1/&K.#L*'.#)X&(*51&9*%
'?).#L#$&?/&!"14#(#&II&K?0&'1X&*'"*(#X&"?S*%&4%'.1X&L#&D?&H)$"0%&(1&L#&9#+"*(1X&#.*&"%&51
L%+.%&4%'.1&9%$91&*&0#%&$1/?."#"&4%"4?(1&/#)#L1&!1D&"%C#X&K?0%)*&(#)%L*&(*'?&?)10
)1$%L%'"%5(*X&51$&'?&*+.*&/#&"*DX&L#&+"%&)*+1&%<$(1&H)$"0#&R&?&0%.*0%&?&"%5&"?S9*&*D#
*'"*(1&%(#&9*&C%)%$*.#&/#&"%X&L#&51&H)$"0%&L%*'"#&4%0#/*)#%&P)$'"1&"1(L1(<*51&/#
<1("$#.*/#<*5?&).#'"*&*&?4$#)1
`)#&4%9?(#&*/9*.#&51&4%'.1& &N19$?#$#&A,,X&#.*&'?&?&/1DJ*&(#'"#.*&(1$1L*&*&%4+"#
(1'*C?$(%'"&D(%C%&$#(*51&-?9$%)#P0#&).#L#X&(#&*D1X&?4?"*.#&51& &N19$?#$#&')%C&4%'.#(*0#
3$*4P?&["%.P*Q#&9#(?&H)$"0?X&81C%)%5&D#5<*&*&81C%)%D&9$#"?&K?0?X&&%&P*51D&%LD1"(*+")?
5%+&(*51&9*.#&%9#)1+"1(#X&&L#&'1&4%"?S*&(#&(1'*C?$(%'"&?&;%'(*&3$*4P1&51&*D#%&L#&0#S1X
0#0%&51&?&9#(%)%5&L$S#)*&(1'"#.%&%(1&91/91L(%'"*X&(#&0%5?&'?&L?9$%)#P0*&"$C%)<*&9*.*
$#(*51&')*0.*X&*&0#0%&'?&'#L&(#&L(1)(%D&$1L?&C$#91S*&*&4J#P01&[&*'"%5&"%5&*('"$?0<*5*


 

 ,A
0#/#(%&51&3$*4P?X&L#&?&"%5&'")#$*&C%)%$*&F')*D#&)1.*0#+*D#X&'#&0%5*D#&"*&'1&?P*(*&L#&*D#
4%"$191F&R.*&(#$%P*"%&"$19#&L#&C%)%$*&'#&?C.1L(*D&V?D'0*D&S?4#(%D&!#(0%D
=*."1(%)*Q1D&*&).#'"1.%D&-#9*+*Q*D#X&F51$&?&8*V&D*D%&%'"#.1&)1.*0#+1&9%'#('01
4%.#S1D%&(#L?&*&4%)1$181F&[&*'"%&)$1D1&"$19#&L#&'1&$#'4*"#&/#&')1&(%)%'"*X&0%5*V&?&D?"(#
)$1D1(#&*D#&?)10&D(%C%&*&')#0%5#0*VX&4#&L#&%&"%D1&%LD#V&4*+1&?&-?9$%)(*0&M.#)(1
*(N%$D#<*51&"#D%&"$19#&L#&"$#S*&(#$%P*"%&%L&N$#"$#&o$#(<*'0#&*/&o.%$1(<*51 
R.*&L%0&51&3$*4P1&5%+&*+#%&4$1D#&0$#J1)?&L)%$?&*/9*.#&51&?&;%'(*&4$#)#&9?(#&;#(%)#
D#50#&*&9#(&H)$"0%&9*+1&4$%"1$#(*&*/&/1DJ1X&#&/#&(%)%C&C%'4%L#$#&9*&*/)*0#(&9#(%)&9$#"
K?0&!#D&H)$"0%&4*'#%&51&&D#$"#&*'"1&C%L*(1&D.1"#P0%D&L?SL?X&0#0%&'?&81C%)*&)1.*0#+*
F(1)1$(*&4$)%&9%C?X&4#&4%"%D&(#D#FX&81C#&*&D#50?&F91L(%F&*&F4%"4?(%F&F*/9#<*.*F&*/&L$S#)1
[&(1)%J*X&%(&'1&%9$#"*%&D#>#$'0%D&0$#J?&*&'#&81C%)%D&4%D%Q?&)$#"*%&'1&?&L$S#)?X&#.*&51
5%+&(*51&4$1L%9*%&<1.?&T*51X&4$1D#&"%DX&D%C#%&(*&L#&0#/(*&')1&%LD1"(?"1&)1.*0#+1X&(#&0%51
'1&"?S*%&*&D.1"#P0*&L?SLX&*#0%&*/&L$?C*V&$#/.%C#&[&4%D1(?"%D&4*'D?&?4?Q1(%D&?&=.1"01
H)$"0%&51&4%"4*'#(&0#%&F9#(&9%'#('0*&4%&D*.%'"*&9%S*5%5&*&C%'4%L#$#&(#+1C&0$#J#
b?L%)*0#F 
[4#L#&')#0#0%&?&%P*X&L#&0$#J&b#5%+&?&%)#0%&"1+0%5&'*"?#<*5*&4%D#S1&')%C&L%5?P1$#+81C
4$%"*)(*0#&T*+"#&(1&9*&*/C.1L#.%&4$*$%L(*51X&(1C%&L#&%(&*'0%$*'"*&(1)%J?&D.#L%C
9%'#('0%C&9#(#&*&L#&C#&'#L&4$*D1$(%&0#/(*&/#&4%$#/1&*/&A,A&C%L*(1&R.*&%(&(*51&4%'"?4*%
"#0%&b#5%+?&51X&')#0#0%X&*+.%&?&$#P?(X&L#&'1&;%'#(<*&*/D1>?&'191&J?"%&*'0$)1&[
D1>?'%9(%5&4%L%/$*)%'"*&*&(1'*C?$(%'"*&%(*&Q1&'1X&4%'.1&"%C#X&'"#.(%&%9$#Q#"*&D#>#$'0%D
L)%$?&!&L$?C1&'"$#(1X&K?0%)&4%0$1"X&?&0%.*0%&'1&%'.#8#%&(#&(10#"%.*P0*&1.1D1(#"&*&*D#%
)1/#&'#&!$9*D#&*/&Y#+01X&(*51&%91Q#)#%&(*+"#&4%)%J(*51&/#&=#>#$1&%L&%(%C&+"%&'?&)1Q
L%S*)1.*&'#&H)$"0%D&!&"%C#&0#L&D?&51&H)$"0%&0#%&91C?(#<&'"*C#%&(#&L)%$&*&%91Q#%&4%(%)%
)1$(%'"&0$#J&51&4$*'"#%&L#&C#&4%D#S1i&(1+"%&L#&%P?)#&#?"%$*"1"&.1C*"*D(%'"*X&#&(1+"%&+"%
51&")$L%&)1$%)#%X&L#&Q1&%"#L#&*D#"*&H)$"0#&P)$+Q1&4%L&')%5%D&$?0%D
B%5*&'?&')1&)1.*0#+*&%)%C&4?"#&?'"#.*&4$%"*)&9#(#&H)$"0#&(1&L#&'1&"#P(%&?")$L*"*&!&8*D
'?&%'"#.*&?&J?9#)*&0(1/&K.#5&-%9$%)%51)*QX&'&9$#Q%DX&S?4#(&;$#(0%&3$*9*(*QX&S?4#(
d$(?C&*&"14P*5#&K?P*(#X&')*&*/&4$#)1&;%'(1i&*/&['%$1&9#(?&51&)1$#(&)%5)%L#&H)$"0%&*&0#/(#<
!"14%51&_#(*P*Q&'&9$#Q%D&M%'4%L#$*&*/&%'"#.*V&0$#51)#&0%.19#5?&'1&*&D18#5?&L$S#81
`$9*(*&4$*P#X&L#&51&3?$Q#&-#9*+*QX&'&9$#"%D&K.#L*'.#)%D&*&K?0%DX&?P1'")%)#%&?&4%9?(*i
4#&L%0&51&%(&4%91C#%&?&[C#$'0?&%9#&'?&D?&9$#"#&4#.#&H)$"0?&?&$?01&K.#L*'.#)&51X&/#&0#/(?X
9*%&%'.14J1(X&#&K?0&9#P1(&?&"#D(*<?&`$9*(*&4$*P#&L#J1X&L#&51&?&4%9?(*&'?L1.%)#%&*&9$#"*Q
H)$"0%)&-#9*+#X&#.*&81C%)%&L#"*$#81&"%C&L%C#>#5#&L#51&L)#&(14%?/L#(#&#&$#/.*P*"#&(#)%L#
\(#&'1&'#D%&'*C?$(%X&L#&51&-#9*+#&91S1Q*&*'4$1L&H)$"0#&(#+#%&'0.%(*+"1&?&-?9$%)(*0?X
0#%&+"%&51&?P*(*%&*&9$#"&9#(%)&K?0
!D*$*)#81&%)1&4%9?(1&"$#5#.%&51&L?S1&)$1D1(#&;#(&H)$"0%X&%L.?P#(&?&(#D1$*&L#&'.%D*
%"4%$X&(#'"#)J#&$#"%)#81&0$%/&P*"#)?&A,,&C%L*(?&[&.1"%&"1&C%L*(1X&)1$%)#"(%&4$%C%(1Q*
')%51&4$%"*)(*01X&%(&'1&91+1&?4?"*%&4$1D#&5?C?X&(#&4%L$?P51&"#L#&5%+&)1$(%C&!#(0#
=*."1(%)*Q#&T#&L#(&A&5?.#&$#'4$#)J#.%&'1&?&-?9$%)(*0?X&L#&.*&L#&'1&9#(?&"*D&4%)%L%D
4%+#J1&51L(%&*/#'.#('")%&*&0#L#  &3%'.1&41"&L#(#&9#(&51&)1Q&9*%&0%L&!#(0#&*&?4?"*%&'
8*D&/#51L(%&(10?&4%$?0?&?&-?9$%)(*0&[&)1Q?&Y14?9.*01&%L.?P*)#.%&'1&&5?.#X&L#&'1
4%+#J1&51L(#&.#>#&4%&C%'4%L*(#&9#(#&*&L#&'1&(#>?&0$1L*"*X&'#&(#D1$%D&L#&H)$"0#&4%/%)?&?
'#D&C$#L&R.*&%L&"1&4%'1"1&?&%)#5&D#V&(*51&9*.%&(*+"#X&(1/(#(%&*/&0%5*V&$#/.%C#
[&#)C?'"?&D1'1<?&H)$"0%&'1&(#.#/*%&?&Y#D*&4%L&C$#L%D&3$%/%$%D&H?&51&*/L#%&%(?X&(#4$1L
4%D*8#(?X&4%)1J?&K?0<?&:$)#"*(*Q?&[&8%5&(1D#&(*&4%D1(#X&0#%&+"%&51&9*)#.%&?&$#(*5*D#X
%&9$#"?&K?0?&H#5&'1&(#.#/*%&?&4?(%5&(1D*.%'"*X&0#%&%LD1"(*0
[&51'1(&A,,&*D#%&51&(10*V&%9$#P?(#)#8#&'#&9#(%D&*&'#D&!#(0%&=*."1(%)*Q&2&(%)1D9$#
$1+#)#.%&'1&?&K1Q?&[D%J1(*VX&L#&'1&S?4#(?&4%(?L*X&L#&51L#(&L?9$%)#P0*&4.1D*Q&%L1&9#(?&*
"#D%&(1+"%&4%'$1L?51&?&81C%)%5&'")#$*&_*(*.%&*D&'1X&%4$#)L#(%X&L#&51&"#5&4?"&9%J*&%L
%4#'(%C#&5%C?('")#&*&L#&'&8*V%)1&'"$#(1&"$19#&4%D%Q*&51L(%C&)#S(%C&*&D%Q(%C&'?'1L#&U'"*


 

 ,
L#(&/#0J?P*.%&'1&?&K1.*0%D&K1Q?X&L#&'1&4%+#J1&51L#(&4.1D*Q&9#(?&H)$"0?&*&81C%)%5&D#5<*X
#.*&51&"10&@&(%)1D9$#X&)1$%)#"(%&4%'.1&!#(0%)#&%LC%)%$#&*&4$*'"#(0#X&*/)$+1(&*/9%$
4%'.#(*0# 

!&4$%.1Q#&A,6&C%L*(1&4%(%)*+1&'1&9%$91&*/D1>?&H)$"0#&*&K?0#&ML1&'?&'1&')1&%(1&)%L*.1
(*51&"#P(%&4%/(#"%X&#.*X&'?L1Q*&4%&4?"?&0%5*D&51&*+#%&H)$"0%&'#&)%5'0%DX&*/C.1L#&L#&51&"%
9*.%&4$1"1S(%&4%L$?P51&L#(#+81&*'"%P(1&:1$<1C%)*(1X&?&.*(*5*&%L&M#<0#&L%&H$19*8#X
%L(%'(%&h?9%D*$#X&0%5*&51&D1>?&H$19*81D&*&3%4%)%D&3%"*'(?"&%L(10?L&'#&-$*(1X&K?0&'1
4%).#P*%&4$1D#&4$*D%$5?&*&L%91C#%&51&(#5/#L&?&-?9$%)(*0&[&(14$*.*<*&$#L*&"%C#X
-?9$%)P#(*&4%V*"#+1&L#&%9(%)1&H)$"0?&.#8'01&4%/*)1X&L#&L%>1&*&4%'1"*&8*V%)&C$#L&]*D#
'1X&%P1)*L(%X&(*51&V"1.%X&L#&9#(&4%D*'.*&0#0%&%(*&*D#5?&D#&0#0)*V&9.*S*V&)1/#&'&81C%)*D
%LD1"(*<*D#&3%&8*V%)%D&?)1$#)#8?&%(*&'?&'#D%X&4%&'"#$%5&"$#L*<*5*&')%C#&C$#L#X&L#.*
?"%P*+"1&91C?(<*D#X&0%5*&'?&'1&(#+.*&?&(1)%J*&[&K1.*0%D&K1Q?&$1+*.%&'1&@&D#5#X&L#&'1
L#L?&'.%9%L(1&$?01&0(1/?&*&81C%)?&K1Q?&/#&L%P10&9#(#&H)$"0#X&0#%&*&L#&'1&%L%9$1&4%"$19(*
0$1L*"*&/#&"%&U'"*&L#(&$1+*.%&51&K1Q1&[D%J1(*V&51L(%C.#'(%X&L#&'1&H)$"0?&?4?"1&L)#
4%'.#(*0#&'#&4%/*)%DX&#.*&"*&L#&(1&*L?&L#J1&%L&:?D#X&%L(%'(%&M#<0#&K*L*&'1&5#'(%X&L#&'1
H)$"0%&(#.#/*%&(1CL1&?&"%5&%9.#'"*&3%'.#(*<*D#&51X&D1>?&%'"#.*DX&9*.%&'"#)J1(%&?&L?S(%'"
*&"%X&L#&4%0?+#5?&*/D*$*"*&/#)#>1(?&9$#Q?&[&-?9$%)(*0?X&?)10&%4$1/(%DX&9*.%&51&"*D
4%)%L%D&*&(1+"%&?'4.#V*$1(%'"*&6&D#5#X&(#&4$*D1$X&*/L#"#&51&%95#)#X&L#&')#0*
-?9$%)P#(*(&?&%)%&)$1D1&9#(%)1&4%'1"1&D%S1&(%'*"*&%$?S51i&%'*D&"%C#X&')1&'?&L?9$%)#P01
P1"1&'"#)J1(1&?&4$*4$#)(%'"&`9$#"*.#&'1&5%+&$#(*51&*&(#$%P*"#&4#S8#&(#&%L9$#(?&!"%(#
U/(1(#>181&0#0)%X&D*'.*.*&'?&%(*X&(*51&(1D%C?Q1X&(#$%P*"%&'&"%C#X&+"%&9#(#&4$#"*&)%5'0#X
+"%&51&0*)#(&(#&9$#"#&*&D%SL#&$#L*&81C#&*&(#&'#D&-?9$%)(*0&T1%P10*)#(%X&@&D#5#X&'"*C.#
51&)1'"X&L#&9#(&(1&L%.#/*&*/&3%4%)#X&(1C%&'#&"$19*8'01&'"$#(1X&%L&B%(#)J#i&'&"%C#&51&%LD#V
.#>#&/#&L%P10&9*.#&?4?Q1(#&?&d#)"#"&-#(&4%'.1&"%C#&$1+1(%&51&L#&'1&H)$"0?&L#&4%0.%(&?
)$1L(%'"*&%L&277&L?0#"#
[&Y14?9.*<*&'1&P*"#)%&)$1D1&D*'.*.%&(#&"%X&L#&'1&?4%"$19*&%)#&4$*.*0#&*&L#&'1X&4%$1L
%9.*C#"(*V&0%$*'"*&/#&-?9$%)(*0X&*/L15'")?51&0%L&9#(#&*&*/D*$181&'&9$#"%D&K1Q&51&$#(*51
9*.%&'"#)J1(%&?&L?S(%'"&8*V%)*D&4%'.#(*<#D#&?4?Q1(*D&H)$"0?X&L#&$#L1&?&"%D&4$#)<?
!#L#&51&"#&L?S(%'"&9*.#&(#D181(#&'#D%D&0(1/?&*&"$%5*<*&/#&"%&(#$%P*"%&*/#9$#(*V&4.1D*Q#
H)$"0%X&0%D1&'1&4#SJ*)*&L%P10&?&-?9$%)(*0?&(#$%P*"%&')*L1%X&0#%&L#&91+1&)%J#(&(#
D*$181&;#$&&5?(#&51L(%C.#'(%&51&4$*DJ1(&?&K1Q?&[D%J1(*V&F0%D4$%D*'&L#&'1&4%'"*C(1
D*$&*&'.%C#&*/D1>?&)1.*01&*&D%Q(1&C%'4%L1&H)$"0#&*&!"1)#(#X&9#(%)#&;%'(1F&B#0%&'1&K?0
E0%5*&'1&%L&L#(#&0#L&51&9*%&4$%C.#+1(&/#&9#(#&4$%/)#%X&4%&"$#L*<*5*X&!"1)#(%DG&91+1&?&"%
)$1D1&?0.%(*%&*/&-?9$%)(*0#X&?4?"*.#&D?&51&Y14?9.*0#&A&5?(#&4*'D%X&L#&C#&%9#)1'"*&%
L%9$%5&)%J*&H)$"0%)%5&*&L#&C#&4%/%)1&L#&4$*D*&?)1"1&D*$#  &`)#5&L%.#/#0&9#(%)&?
-?9$%)(*0&4#D"*%&'1&L?C%&?&Y14?9.*<*&*&4$*0#/*)#(&51X&5%+&*&51L(%&41L1'1"&C%L*(#&L%<(*51X
0$#J?&H)$"0?&II&%)#0%&F0¯L*&$%L*"1.¯&)#+¯&C%'4%L*(¯&0$#.¯&H)$¯"0%&"$#+1&9$#"#&')%C#
K.¯0*0*#&*&?"1P1&?&(#+1&D'"%&*&/#&(*D¯&"$#*1&L%*L1&?&(#+1&D'"%&)#+¯&$%L*"1.&*&9*
4%P"1(%&4$*D*"¯&0#0%&C%'4%L*(¯&*&'$¯LP(*&4$*5#"1.¯&51$¯&")%*&D'"%&*1'"¯&0?0*#&¨?L¯
4%'"#(¯*#&B%"$%D#(*0¯&'.%9%L(%F  
;#)1Q*&'1&"#L#&?&-?9$%)(*0?&9#(&H)$"0%&51&&5?(#&4%")$L*%&')1&%(1&4%).#'"*<1X&0%51&'?
-?9$%)P#(*&$#(*51&L%9*.*&%L&81C%)#&'"$*<#X&9#(#&!"14#(#&[/&9#(#&'1&(#.#S#V?&"#L#&%L
81C%)1&).#'"1.1&0(1/&K.#5&-%9$%)%51)*QX&0(1/&K?0%"#&3$*9*(*Q&*&"14P*5#&!.#L%51X&0%5*&'1&'
8*D&/#51L(%&/#0.1+1&FL#&1&(#+#&0?Q#&'¯&-?9$%)¯(*0%D¯&1L¯(#&0?Q#&L%&)0#X&0#0%&1&1L¯(#
0?Q#&9*.#&'#&(#+*D¯&'"$*<1D¯F&*&FL#&(1&V%ã1D%&-?9$%)(*0#&¨'"#)*"*&*&(*V¯&9$#"¯'")#&L%
)0#&(*0¯L#$1X&L%&0%.&1&(#'¯&'D1&*&(*V¯X&91/&(*V¯&/.%C#&4%P1"*X&¨".%S*)¯+1&ã%&9*&(1
9*.%&(#&(1)$?&C%'4%L*(?&0$#.?&?C$¯'0%D?F 
!)1&(#'"%5#81&-?9$%)P#(#&L#&L%>1&L%&D*$#&*/D1>?&9#(#&*&81C%)#&9$#"#&%'"#L1&91/?'41+(%
=1'"%&"%C#&5#)*&'1&'#L&P#0&*&(%)*&(14$*5#"1J&[4#.#&51&?&%P*&)1Q&"#&P*81(*<#X&L#&4$*
L%.#'0?&H)$"0%)%D&?&-?9$%)(*0&(1D#&?&C$#L?&!#(0#X&0%5*&9*&0#%&4$)*&*&(#5?C.1L(*5*&'?'1L


 

 ,2
9*%&(1'?D8*)%&(#54$*$%L(*5*&C%'"i&%(&'1X&4$*$%L(%X&'#L&(1&5#)J#&(*&4$*&'#'"#)J#8?&%)1
(#4$1L&4%D1(?"1&/#)1$(*<1&[&5?.?&D1'1<?&!#(0%&'1&4%D*81&%")%$1(%&0#%&4$%"*)(*0&9#(%)
-%&!#(0%)#&%LD1"(*+")#&L%+.%&51&4%(#5)*+1&4%"*<#81D&S?4#(#&T*0%.1&R."%D#(%)*Q#
!#(0%&51&)1Q&'&51'1(*&A,,&C%L&*D#%&(10*V&(1'.#C#8#&'#&9#(%DX&#.*&51&?&'"#)&%LD1"(*0#
4$1+#%&4%'.1&T*0%.*(1&#0<*51&3?"&H)$"0%)1&)%5'01&?&*'"%P(%5&:1$<1C%)*(*&?&4$%.1Q1&A,6
C%L&0#/?51&5#'(%X&L#&51&"1S*+"1&9%$9*&9*.%&"#D%X&L%&C$#(*<1&'"#$%C&4%'1L#&K%5*(%)*Q#X
%L(%'(%&L%&T*0%.*(#X&*&L#&'?&H)$"0%)*&4$%"*)(*<*&(#.#/*.*&"#D%&4%L$+01&*&4%"*<#8# 
T*0%.#&R."%D#(%)*QX &0#%&C%'4%L#$&%9.#'"*&%0%&C%$81C&"%0#&-$*(1&*&Y?L(*0#X&)$.%&D.#LX
'#&(14?(*V&L)#L1'1"&C%L*(#X&4%'"#51&#0"*)#(&%L&A,,&C%L*(1&[&%4+"1D&$#'4#L#8?&'$4'01
<#$1)*(1X&?&L$?C%5&4%.%)*(*&+1/L1'1"*V&C%L*(#&^Ia&)10#X&%(&'1X&0#%&4%"%D#0&4%$%L*<1
K%5*(%)*Q#X&%L(%'(%&0#%&9$#"*Q&K%5*'.#)J1)X&5#)J#&D1>?&%(*D#X&0%5*&'#')*D&F?L#$#5?&?
'"$#(?F&*&(1&4$*/(#5?&(*&<#$#X&(*&0$#J#&!?$%)&*&(1%9?/L#(X&4%(1'1(&D.#L%+Q?&*&$>#)*D
4$*D1$*D#X&%(&51&V"1%&L#&'1&4%L*C(1&(#&$#P?(&')*VX&*&?9$/%&51&L%+#%&?&'?0%9&'#&')*D#
'?'1L*D#X&?&Y#+0%5X&?&\1"*&*&?&;%'(*&]1D?&51&*+.%&?&4$*.%CX&L#&'1&%L(%'*&?&'?'1L(%5&;%'(*
/#D?"1&+"%&)*+1X&0#0%&9*&%(&(#&+"%&.#0+*&(#P*(&L%+#%&L%&81(*V&*'"%P(*V&L1.%)#&;$#"
H)$"0%)&K?0&(1&$#"?51&'.?P#5(%&(#&0$#58%5&*'"%P(%5&C$#(*<*&9#(%)*(1X&(*"*&H)$"0%&'.?P#5(%
0$1Q1&)%5'0?&4$1D#&-$*(*&*&M#<0?&j?4#(&T*0%.#&51X&?&.1"%&A,6X&9*%&L%)%J(%&4%/(#"&')*D#
0#%&(14$*5#"1J&9#(%)&*&4%L'"$10#P&81C%)*V&%LD1"(*0#&`(&51X&0#0%&$10%'D%X&4%L9?(*%&*
!#(0#&[&51'1(&A,6&(#4#%&51&91/&%9/*$#&%9.#'"&')%51&'"$*(1&M%5*'.#)1X&?L%)*<1
K%5*'.#)J1)1X&*&L%&0$#5#&A,@&C%L&%"1%&51&4%"4?(%&`')#5#5?Q*X&%(&51&'"*C#%&?&(14%'$1L(%
'?'1L'")%&-?9$%)(*0#&*&!#(0%)%&Y14?9.*0#&'1&(*51&(*D#.%&%91'1.*.#&(%)%D&0%D+*5*&*
V*"(%&'1&'4$1D#.#X&L#&9$#(*&!"%(&[&.1"%&A,@&(#$1L*.#&51&81(#&).#L#&*&')%5*D&"$C%)<*D#&?
T1$1")*X&L#&'1&'0.%(1&%"?L# &H)$"0%&51X&D1>?"*DX&(1&/(#D%&?&0%.*0%5&D1$*X&4%D#C#%
?L%)*<?&0(1/#&K%5*'.#)#X&#.*&(*51&D%C#%&'4$1P*"*&81/*(&4%$#/&H%&51&)1$%)#"(%&0%(#P(%
%4$1L1.*.%&!#(0#X&L#&4$*>1&S?4#(?&T*0%.*
-?9$%)#P0#&Y14?9.*0#X&0%5%5&51&9*.%&?&4$)%D&$1L?&'"#.%&L%&"%C#X&L#&81/*(%&(14%'$1L(%
'?'1L'")%&%'"#(1&(#&D*$?X&#&0%5#&51&*&S#.*.#&!#(0#X&4$*5#"1J'0*&D?&51&'#)1"%)#.#X&L#
%L?'"#(1&%L&')%C&%4#'(%C&(#?D#&[P*(*.#&51&"%&)1Q&?&51'1(&A,@&C%LX&#&?&5#(?#$?&A,&51L#(
8*V%)&4%'.#(*0&"$19#%&51&L#&C%)%$*&!#(0?&(#&F(#5.14+*&(#P*(&/#&0%5*&51&/(#%&*&D%C#%XF&L#&'1
)$#"*&?&)1$(%'"&')%D&C%'4%L#$?&R0%&L%>1&4%L&).#'"&S?4#(#&T*0%.1&"%&Q1&D?&9*"*&*&'"*L(%&*
%4#'(%X&F51$&"$*5?DN&"%C#&T*0%.1&'#D%&51&/#&(10%&)$1D1&*&(*0#0%&(1Q1&L?C%&"$#5#"*X&L%0&51
9%'#('0*&9#(#"&?&'")#$*&)1P#(F&-?9$%)#P0*&4%0.*'#$&*D#%&51&*&)*+1&L#&C%)%$*&4$%"*)
S?4#(#&T*0%.1&F4$1D#&*'"*(*"*D&(%)*D&)1'"*D#X&0%51&'1&0#/?5?&?&0%$*'"&C%'4%L*(#&9#(#F&*
L#&D?&4%(?L*&'*C?$(%&4%'$1L%)#81&Y14?9.*01&0%L&H)$"0#&-?9$%)(*0&D?&51X&?&*'"*&D#VX
4%(?L*%&*&')%51&C%'"%4$*D'")%&?&'.?P#5?X&#0%&9*&C#&S?4#(&T*0%.#&?'41%&L#&4%"*'(1 
T#'0%$%&4%"%D&?4?Q1(&51&!#(0?&*&L$?C*&4%'.#(*0X&0%D1&51&9*.#&L?S(%'"&L#&4%'$1L?51&*/D1>?
81C#&*&9#(#X&#.*&D?&51&9*.%&*/$1P(%&/#9$#81(%&L#&4$*D*&9*.%&0#0)#&51D'")#&O1L*(%&51&D%C#%
%91Q#"*&9#(?X&L#&-?9$%)(*0&(1Q1&4$*D*"*&?&')%5&C$#L&!#(0#&#0%&%)#5&4$10$+*&L#"%&%91Q#81
*&#0%&C#&9#(&9?L1&4$%C%(*%&R.*&'?&')#&4%'$1L%)#8#&%'"#.#&91/&?'41V#
;#(&H)$"0%&(*51&9*%&(*D#.%&%L&%(*V&J?L*X&0%5*&9*&"#0)%&%LD1"(*+")%&4?'"*.*&91/&4$*D1$(1
0#/(1&`(&51X&0#L&(*51&?'41.%&L#&'1&!#(0%&L$?0P*51&'D*$*X&L*C#%&(#&8&)%5'0?&*&*/#C(#%&C#&*/
81C%)1&%9.#'"*&?&3%4%)?&!#(0%&51&'&P*"#)%D&4%$%L*<%D&L%91C#%&?&-?9$%)(*0X&L#&"?&%0#51
')%51&.#0%)1$51&M%(1Q*&C#&9#(%)#&)%5'0#&L%+.#&51&L%&4$1L&-?9$%)(*0&Y14?9.*0#&(*51&V"1.#
L#&*/L#&'"#$%C&'?'1L#&*&4$*5#"1J#&e"#&)*+1X&%(#&'1&*&%41"&/#?/*D#.#&0%L&9#(#&/#&8&e"#&51
')1&9*.%&'#&!#(0%D&(1&/(#&'1&4%?/L#(%X&#.*&51&'*C?$(%&"%X&L#&'1&81C%)*&'*(%)*X&'#&')%5%D
'"#$%D&%9.#+Q?X&5#)J#5?&4%(%)%&?&'.?S9*&9#(%)%5&*&L#&'4#L#5?&D1>?&81C%)1&J?L1&;$#"&D?
M$#L%51&9*%&51&A6A&C%L&C%'4%L#$&(1)1'*8'01&%9.#'"*X&#&'*(&!#(0%)&;1J#0&'4%D*81&'1&)1Q
%L&A67&C%L&0#%&C.#)#$&?&3%4%)? &=.#>*&!#(0%)&'*(&Y#L*P&S*)1%&51&?&B?$*.*D#
H#0%&51&H)$"0%X&%L.?P(%&*&P)$'"%X&4%"4?(%&'.%D*%&4%9?(?&')%5*V&L%D#Q*V&(14$*5#"1J#
H%.*0#&1(1$C*5#&?&%)%C&5%+&D.#L%C&P%)10#X&?&"%.*0%&4$*.*0#X&)$.%&"1+0*V&*&)*+1&(1C%


 

 ,,
%4#'(*VX&L%*'"#&*/(1(#>?51&Y?)#$#<&51&*D#%&4%"4?(%&4$#)%X&0#L&51&'&4?(%&4%+"%)#8#
4%L)?0#%&"?&.*P(?&)$1L(%'"&9#(%)?&F!51%&51&%(&(#&9#('0*&'"%X&0#L&D?&(1&9*5#+1&)*+1&%L
41"(#1'"&C%L*(#&%L&$%>18#&U&%L&C%L*(1&A2 A,X&0%&'1&')1&(*51&L*/#%X&?'"#5#%&(#&8&*&9?(*%
*&?/9?8*)#%&).#'"1.?&9%'#('0?&4$%"*)&81C#X&&4#&*&'#D&'*.(*&?C#$'0*&0$#J&b?L%)*0&4%+#%
51&51L(%D&'&)%5'0%D&(#&8X&&4#&*4#0&'1&H)$"0%&%L$S#%F  &3#$#.1.#&'#&H)$"0?&'#)$1D1(*D
<#$1D&[$%+1DX&'?9.*/?&81C%)*D&)$+8#0%DX&(#"?$#.#&'1&'#D#&%L&'191&*&(*51&9*.#&(*D#.%
4%)%J(#&/#&-?+#(%)#&4%"%D0#&H)$"0%&51&(1'?D8*)%&9*%&L$?C1&C$#>1&*&L$?C%C&L?V#&[$%+
C?9*&*&%L&).#'"*&*&%L&?C.1L#&+"%&L?S1&).#L#&*&+"%&C#&J?L*&9%J1&?4%/(#5?i&H)$"0%X&(#4$%"*)X
'#D%&L%9*5#&B%&'1&C%L&L*C#%&*&*'4$'*%&4$%"*)&[$%+#&"#5&51&?'41%i&4$1L&H)$"0%DX&D1>?"*DX
4%'$(?.*&'?&')*&4$%"*)(*<*&[&4$*$%L*&9%'#('0%C&9#(#&%'1Q#.%&'1&5#'(%X&L#&V%Q1&*&L#&/(#
).#L#"*
\#&)$1D1&%)1&4%9?(1&/#91.1S1(&51&?&;%'(*&51L#(&'"$#V%)*"&+?D'0*&4%S#$X&0%5*&'?&9%'#('0*
4#"#$1(*&'D#"$#.*&0#%&(10%&9%S51&L1.%&'19*&?&0%$*'"&[&51L(%5&'4.*"'0%5&V$%(*<*&/#4*'#(%
51X&L#&51& &(%)1D9$#&A,,&9?0(?%&?&;%'(*&4%S#$X&?&0%D&'?&(#5)1Q1&4.#(*(1&'&0#D181&D*
S*)%"*8#D#&*/C%$1.1X&"#0%&L#&'?&'1&C%$1&4$%D1"(?.1&?&%$#(*<1
H#&'"#$#&4$%"*)(%'"&*/D1>?&4$*4#L(*0#&9%'#('01&<$0)1&*&0#"%.*P0%C&')1+"1('")#&9*.#&51&?
%)%&)$1D1&(#$%P*"%&4%5#P#(#&O1L#(&L1%&9#(%)1&%4%/*<*51&'#'"%5#%&'1&(1'?D8*)%&%L&%(*V
J?L*X&0%5*&'?&9*.*&4$%"*)(*<*&D#>#$'0%C&?"*<#5#&*&(#'$"J*)%'"*&0#"%.*P0*V
4$%4%)1L(*0#&H$19#5?Q*&D#>#$'0?&4%D%Q&4$%"*)&')%5*V&4$%"*)(*0#&H)$"0%&51&D%$#%&9*"*
(1+"%&4$1L?'$1"J*)*5*&4$1D#&8*V%)*D&J?L*D#&*&D*'*%(#$*D#X&*&"%&51X&4$*$%L(%X
*/#/*)#.%&4$%"1'"1&0%L&81C%)*V&4%L#(*0#&(10#"%.*P01&)1$1&-#&'?&0#"%.*<*&?&"%&)$1D1&9*.*
)$.%&#0"*)(*X&/#V)#J?5?Q*&/#+"*"*&b#5%+1)%5X&*D#D%&(1'?D8*)#&L%0#/#&&5?.#&A,@&4#4#
[$9#(&a&(#$%P*"%&51&4%/*)#%&9%'#('0%C&14*'0%4#&31"$#X&L#&1(1$C*P(%&4%D%C(1&9%'#('01
N$#81)<1&?&4$1%9$#Q#8?&51$1"*0#i&#& &5?.#&A,@X&4%&*/)1+"#5?&L)%5*<1&4#4*(*V&.1C#"#X
)*L*&'1X&L#&'?&N$#81)<*&?&;?C#$'0%5X&Y#+0%5&*&;%'(*&4$1)1.*&?&$*D%0#"%.*P0?&)1$?X&FD(%C1
V*J#L1&%'%9#&%9%51C#&4%.#F&`(*&'?&'#D*&*'"*<#.*&4#4*X&L#&*V&51&?&"%D&D(%C%&4%D#C#%
#?"%$*"1"&*&'#$#L8#&D#>#$'0%C&0$#J# 
&-#&51&'#&'"$#(1&"*V&4$%4%)1L(*0#&9*.%&4$*&"%D&*
')#0%5#0*V&%4#P*(#&')1L%P*&(#59%J1&51L(#&"?S9#&9%'#('0%C&)*0#$#&4#4*&EF
&È&

  
&
& &
 X&È& && 
& 
&   ÐF  &3$*D#5?Q*&"?
"?S9?&0#%&%'(%)#(?&4#4#&51&L%/)%.*%&A&L1<1D9$#&A,@X&L#&)*0#$&9%'#('0*&D%S1&"#0)1
4$%4%)1L(*01&%"4?'"*"*&*/&')%51&4%0$#5*(1&*&/#D1(*"*&*V&')%5*D&J?L*D#X&;%'#(<*D#X&0%5*
9%J1&/(#5?&Q?L*&*&%9*P#51&')%51&/1DJ1&*&0%5*&Q1&?&')#0%D&4%C.1L?&*D#"*&)*+1&%9/*$#&!#D
4#4#X&*(#P1X&(*51&9*%&4$*5#"1J&9.#C*V&D1$#&4$1D#&O1$1"*<*D#&]1C%)#&4%'.#(*<#X&?4?Q1(#
A&(%)1D9$#&A,&'4.*"'0%D&*&L?9$%)#P0%D&(#L9*'0?4?X&"$#S*.#&51&%L&8*V&(*&D#81&(*
)*+1X&(1C%&L#&*/%4Q1&*/&<$0)1&')1&%(1&)1$(1X&0%5*&'1&?'?>?5?&L#&4$*D#5?&9%'#('01&FO1$1"*01F
*&L#&"$C?5?&'&8*D#X*.*&0%5*&?%4+"1&*D#5?&'&8*D#&4%'.#i&#&'#D*D&51$1"*<*D#&L#&'*.%D
'4$1P1&4$*'"?4&?&8*V%)1&L*51<1/1  
;$#"&9#(%)&K?0&(#D*'.*X&L#&*'0%$*'"*&%)%&$#'4%.%S181&4#4'01&0?$*51&*&L#&4%D%Q?&81
4%L$*51&H)$"0%)&4%.%S#5&=#>#$'0*&0$#JX&#0%&L%9*51&%+"$1&?4?"1&%L&4#4*(1&'"$#(1X&(1Q1
D%Q*&L#&4%(%)%&4%D#S1&51L(%C&P%)10#X&0%5*&Q1&9*"*&%<$81(&0#%&4$%"*)(*0&)1$1&*&4#4*('01
#0<*51&'$1>*)#8#&)1$'0*V&4$*.*0#&?&;%'(*&M%L&A,@&K?0&51&?4?"*%&51L(%&4*'D%&4#4*
[$9#(?&a&*&?&81D?&51&4$*0#/*)#%&)1Q*&L1%&L%"#L#+8*V&).#L#$#&9%'#('0*V&0#%&51$1"*01&*
+*/D#"*01&(1&*/?/*D#5?Q*X&(#$#)(%X&(*&')%C&9$#"#X&0%5*&L#&51&%L&;%'(1&(#4$#)*%&'"1<*+"1
51$1"*0#&3#4#&Q1&L%9*"*&C#$#(<*5?X&L#&Q1&)1$'01&4$*.*01&?&;%'(*&0$1(?"*&(#&9%J1&'#D%
%(L#X&0#L&%(X&K?0X&L%9*51&D%C?Q(%'"X&L#X&0#%&)1$#(&4$*'"#+#&0#"%.*<*/D#X&?4$#)J#&"%D
/1DJ%D&`(&'&"%C#&D%.*&4#4?X&L#&'1&/#?/D1&/#&8&0%L&D#>#$'0%C&0$#J#X&0%5*&C#X&?&%'"#.%DX
L%9$%&4%/(#51&'#&')%C&L)%$#&*&L#&D?&4%D%C(1X&L#&'1&%L$S*&4$%"*)&9$#"#X&0%5*&C#&.*+#)#
9#+"*(1&T#&4#4'0%5&0?$*5*&?)10&'?&%)#0)1&L%'"#)1&(#*.#/*.1&(#&L%9#$&4$*51D&-%)%J(%&51&?
"%D&4$#)<?&4%L'1"*"*&'#D%&(#&L%'"#)?&K?0#(#&T1D#8*Q#&4$%"*)&9#(#&B?.*(#&T1&*'4*"?5?Q*
D(%C%&'")#$X&%9$#"*%&'1&4#4#&[$9#(& &L1<1D9$#&A,&4%'19(*D&4*'D%D&0$#J?&b#5%+?&[
81D?&51&4$14%$?P*)#%&0$#J1)%5&4#S8*&FD.#>1C&9%'#('0%C&9#(#F&K?0#X&D%.1Q*&C#&L#&4%D%C(1


 

 ,6
'"$#L#.(*0#i&#&H)$"0#&L#&%4%D1(1X&L#&'1&)$#"*&(#&4?"&4$#)1&)1$1&*&L#&4%)$#"*&D.#>1D&9$#"?
9#+"*(?X&0%5?&D?&51&%"1%&`&"%D&')%D&4*'D?&4#4#&51&%9#)1'"*%&*&K?0#X&"1+1Q*&C#&/#&81C%)%
'"$#L#81&/#&)1$?X&*&4$*D#5?Q*&81C%)?&4%(?L?&L#&L%>1&?&Y*D&!)1"%5&!"%.*<*&(#
4%L)%$181 
T#&D#>#$'0%D&L)%$?X&CL1&'1&9%J1&4%/(#)#%&$#/)%5&4%'.1L81&0$*/1&?&;%'(*X&4#4*(%&4*'D%&(*51
*D#.%&(*0#0)#&L15'")#&!#D&H)$"0%X&')1'"#(&')%51&4%91L1X&(*51&'1&D(%C%&4.#+*%&%L&"#0)*V
L%'"#)#X&(#$%P*"%&%"0#L&51&)*L1%&$#)(%L?+(%'"&D#>#$'0%C&L)%$#&`)#&51X&D1>?"*DX&L%.#/*.#
(1+"%&*/&)1Q&4%D1(?"%C&$#/.%C#X&#&(1+"%&*&'&"%C#X&+"%&51&"%0%D&A,@&*&A,&C%L&0$#J&b#5%+
9*%&/#?/1"&?&K.#+0%5X&CL1&51&)%L*%&(#4%$#(&$#"X&*&?&;?C#$'0%5X&CL1&'1&%L&$#(*51&*&"#L#&9%$*.%
%0%&K*L*(#&*&81C%)1&%9.#'"* 
K1$%)#"(%&51&'&K?0%)1&'"$#(1&9*.%&5#)J1(%&4#4*&*&"%X&0#0%&(#&H)$"0%)%D&L)%$?&9%$#)*&51L(#
Q1$0#&0(1/#&M$C?$#&e?9*Q#X&'$%L(*<#&8*V%)1&D#501X&0%5?&H)$"0%&V%Q1&L#&?L#X&91/&4$*'"#(0#
81(*V&$%L*"1J#X&/#&51L(%C&+*/D#"*0#X&*&"%&'*(#&$#+0%C&0$#J#&H%&51&D%C#%&9*"*&R(L$*5#&*.*
=#$0%X&51L#(&%L&'*(%)#&0$#J#&K?0#+*(#&h?"X&4#4#&51&@&#4$*.#&A67&?4?"*%&4*'D#
D#>#$'0%D&0$#J?&*&0$#J*<*&4%/*)#5?Q*&*V&L#&'4$1P1&"#5&9$#0&T10#&L1)%50?&*.*&)$#"1
$%L*"1J*D#&*.*&4$1)1L?&(#&')%5&L)%$i&#.*&(*0#0%&L#&(1&L%/)%.1&L#&F8*V%)&4%L#(*0F&E?
4*'D?&0$#J?&F
  
&
FG&*/C?9*&L?+?&51L(1&4$#)1&0#"%.*P0*81&U'"*&L#(&4#4#&51&?4?"*%
4*'D%&*&9#(?&H)$"0?X&?&0%D&D?&51&*/$1P(%&/#9$#8*)#%X&L#&*/)1L1&"#5&9$#0 
`)#5&9$#0&*/D1>?&0?Q1&e?9*Q#&*&'$4'0*V&).#L#$#&(1&9*&9*.#&4$)#&)1/#&"1&)$'"1&!1'"$#&<#$#
-?+#(#X&O1.1(#X&91+1&?L#"#&/#&=.#L1(#&III&e?9*Q#X&?5#0#&H)$"0%)#&H)$"0%&51&%)#5&9$#0
S1.1%&'&(#D1$%DX&L#&?&'$4'0%D&0$#J?X&/#&')#0*&'.?P#5X&'"1P1&4$*5#"1J#&B#L&'1&5#)*%&"#0%
%L.?P#(&4#4*(&%"4%$&4$%"*)&"%C&9$#0#&%(&51&4%4?'"*%&-%9*"X&0%5?&9*&D%C#%&*D#"*&%L&)1/1&'#
K?0#+*(%D&9*.#&9*&')#0#0%&D#8#&%L&(14$*.*0#X&0%51&9*&D%C#%&L#&D?&(#4$#)*&4#4#X&#0%&9*
%")%$1(%&4%C#/*%&81C%)?&%4%D1(?
j?4#(&T*0%.#&R."%D#(%)*Q&4%'"#%&51&4$#)#&(#4#'"&/#&')%51&'?'1L1&3$%"*)&9%'#('0%C&9#(#
4%D#C#%&51&9#(*Q#&K?0#&*&%LD1"(?"?&).#'"1.?X&#&4%L5#$*%&51&*&S?4#(#&!#(0#&B#L&51&%"1%
%9.#'"&')%51&'"$*(1&K%5*(%)*Q01&*&4%'"#%&'?'1L&-?9$%)(*0#X&%(&'1&*&4$1D#&81D?&4%(#+#%
(14$*5#"1J'0*&\#"$#S*%&51X&(#54$1X&L#&-?9$%)P#(*&81D?&4.#Q#5?&')1"%L*D*"#$'0*&L%V%L#0
0%5*&'?&$1L%)(%&C%L*+81&4.#Q#.*&$#+0*D&).#L#$*D#&B#L&'?&%(*&"%&%L9*.*X&&51$&).#L#$*
!$9*51&91V?&(#&S*)%"?X&*&"%&*&<#$&[$%+&*&0$#J&K?0#+*(&&S?4#(&T*0%.#&4%P1&L#&*D&4$1"*&*
L#&'1&'4$1D#&4$%"*)&8*V&-#&C#&?9.#S1&-?9$%)P#(*&'?&D?&'.#.*&9%C#"1&4%0.%(1X&0%51&51&%(
4$*D#%X&#.*&51X&?&*'"*&D#VX&0$1(?%&*&(#4#L#5&(#&Y14?9.*0?&4%L&)%>'")%D&)%5)%L1&Y#L*(#
-?9$#)P*Q#&]1C%)*&J?L*&?&51'1(&A67&C%L&4#.1&0?Q1&4%&L?9$%)#P0%D&4%L$?P5?X&(*+"1
)*(%C$#L1X&4J#P0#5?&/1DJ?&*&D(%C1&%L&-?9$%)P#(#&?9*5#5?&*&/#$%9J#)#5?&[&(1)%J*X
Y14?9.*0#&'1&%9$#"*&')%D&/#+"*"(*0?X&0$#J?&b#5%+?&H#5X&L%*'"#X&4%/)#&R."%D#(%)*Q#X&L#&'1
%0#(*&/.#&*&)$#"*&4.1(i&#.*&'1&%)#5&(*51&D(%C%&%9#/*$#%&(#&"1&4%/*)1 &3%P1"0%D&5?(#&A6
C%L&4$%"*)&R."%D#(%)*Q#&'1&'4$1D#%&%4#'#(&'#)1/&0$#J#&K?0#+*(#&*&c?$1&;#.+*Q#i&4%L
!0#L$%D&'1&P#0&91+1&4%P1.#&%0?4J#"*&)%5'0#X&0%5#&51&*D#.#&'#&L)1&'"$#(1&L#&0$1(1&4$%"*)
L$*('0%C&C%'4%L#$#&-?9$%)(*0&51&9*%&)%J#(&L#&*D&'1&4$*L$?S*X&(#L#5?Q*&'1&'&"1&'"$#(1
9$S%5&*&'")#$(*5%5&4%D%Q*&(1C%&%L&'#D*V&4$1"8*&D#>#$'0%C&0$#J#&R.*&%L&"%C&4%V%L#&(1&9*
(*+"#&B$#J&K?0#+*(&D%$#%&51&9$/%&L#&)$#"*&)%5'0?X&L#&9*&D%C#%&'&9$#"%D&[CJ1+%D
4$*D*"*&N#"#.(?&9%$9?&'&H?$<*D#&(#&=#$*<*&-?9$%)P#(*&'?&4%"%DX&"%0%D&.1"#X
4$1C%)#$#.*&'&0(1/%D&U)#(%D&T1.*4*Q1DX&L#&*D&%(&?4?"*&(1+"%&)%5'01&?&4%D%Q&-%
4$*D*$5#&51&L%+.%&"10&4$1L&4$%.1Q1&A6&C%L*(1
-#&H)$"0%&(*51&D%C#%&D*$(%&C.1L#"*X&0#0%&D?&'?'1L&9?(*&*&4%D#S1&).#'"1.?&4$%"*)&81C#X
$#/?D1&'1&'#D%&4%&'19*&!&"%C#X&P*D&51&'0$+*%&L%D#Q1&%LD1"(*01X&?.#/*&?&$#"&'#&L$*('0*D
S?4#(%D&3%51L*(%'"*&"*V&(14$*5#"1J'"#)#&(*'?&(#D&4%/(#"1X&#.*&51&*/)1'(%&L#&'?&9%$91
"$#5#.1&L?S1&-?9$%)#P01&)1'"*&0#/?5?X&L#&51&9#(&'.#%&?&4%D%Q&*&Y14?9.*<*&')%51&P1"1&4$%"*)
T*0%.1&K$.%&51&)1$%)#"(%X&L#&51&H)$"0%&9*%&L%+#%&?&)1/?&'&0$#J1D&K?0#+*(%D&4%(#5)*+1&'#
(#D1$%DX&L#&?&81D?&L%9*51&'#)1/(*0#&4$%"*)&R."%D#(%)*Q#&-?9$%)P#(*&'?&0$#51D&A,&C%L


 

 ,@
?4?Q*)#.*&4%'19(%&4%'.#('")%&K?0#+*(?X&0%51&51&'*C?$(%&$#L*.%&4$%"*)&T*0%.1&B#0%&51
4#4*(%D&/#9$#(%D&(#D1$#)#(%C&9$#0#&"#5&4.#(&4$%4#%X&#&$#"%)#81&'1&L?C%&%"1C.%X&$1+*%&'1
9%'#('0*&9#(&?&.1"%&A67X&L#&'1&D*$*&'#&(1D*.*D&'?'1L%D&\(#&'1X&L#&51&&#)C?'"#&A67
4%'.#.#&-?9$%)#P0#&Y14?9.*0#&=#$%5#&M$?S*Q#&9#(?&H)$"0?&'#&D%.9%D&L#X&'0.#4#5?Q*&'#D
?C%)%$&D*$#&'#&T*0%.%DX&%9?V)#"*&*&8*V &U/&L$S#8#&-?9$%)P#(#&(#$1L(1&C%L*(1X&0#L&'?
'1&4$%"*)&S?4#(#&'4$1D#.*&0$#J&K?0#+*(&*&;#.+*Q*X&)*L*&'1&5#'(%X&L#&*D&"%&(*51&?'41.%
H%&9*&/(#P*.%X&L#&51&R."%D#(%)*Q&9*%&?&4%.%S#5?&L#&(1&)%L*&L%&0$#5#&$#P?(#&%&')*D#
4$1L.%/*D#&9%'#('0*DX&51$&51&)*+1&(1C%&)1$%)#"(%X&L#&51&H)$"0%&4%0?+#%&4%'$1L%)#"*&/#
-?9$%)P#(1&T#&0%5%5&51&%'(%)*&/#0J?P1(&D*$&*/D1>?&9#(#&*&S?4#(#&(*51&4%/(#"%X&#.*&51X&4%
')%5&4$*.*<*X&')1&%'"#.%&4%&'"#$%D&;#$&(1D#&(*0#0)#&/(#0#&%&D#&0#0)%D&4%D1$#8?&C$#(*<#
O1L*(%&+"%&51&(1'?D8*)%&"%&51&P*81(*<#X&L#&'?'1L*&*&4%'.1&"%C&D*$#&(*'?&4%'"#.*
4$*5#"1J*&H)$"0%X&*'"*(#X&(*51&?P1'")%)#%&A6&?&'#)1/?&4$%"*)&R."%D#(%)*Q#X&#.*&51
(#'0%$%&4%'.1&"%C#&4$1C#%&L#&'1&%'*C?$#&%L&81C#&`)1&9%$91&?(1.1&'?&(1'4%0%5'")%&?&<1.?
/1DJ?&*&4%$1D1"*.1&4%$1L#0&-?9$%)#P0#& &&‚
&%L&"%C#&)$1D1(#&4?(#&'?&"?S9*
$#L*&4J#P0*&*&$#/9%5(*+"#)#
[&9*<*&0%L&_$(%D1(#X&,&'14"1D9$#&A6X&91+1&4%C*(?%&0$#J&K?0#+*(&'#&9$#"%D
[CJ1+%DX&#&8*V%)#&)%5'0#&4$1"$41.#&51&'"$#V%)*"&4%$#/&T10%.*0%&(1L1J#&*/#&"%C#X& 
L1<1D9$#X&?D$%&51&*&<#$&[$%+X&4%'.1L8*&D?+0*&*/L#(#0&'$4'0%C&L1.#&L*(#'"*51&T1D#8*Q#
K.#'"1%'0*&C%'4%L#$*&4%51L*(*V&L1.%)#&<#$1)*(1X&0%5*&'?&*&$#(*51&"$/#.*&')#0*&(#&')%5?
'"$#(?X&%'1"*+1&L#&51&'#L&L%+#%&P#'&4%"4?(1&'#D%)%J1&]*V%)1&4$%V"1)1&(*51&*D#%&0%&L#
%9?/L#)#&(*&'#&'")#$(%D&'(#C%DX&(*&'#&?C.1L%D&*/)1'(1&/#0%(*"%'"*&['.1L&"%C#&#D9*<*51
4%51L*(#<#&4%$#'"%+1&L%&(#5L#J*V&D1"#&3$*D1$&0$#J#&K?0#+*(#&L1.%)#%&51&/#$#/(%&[&$1L?
)1.*0#+#X&0%5*&'?&'1&%"*D#.*&/#&<#$'0*&3$*/$1(X&0#%&D1'"%&L$S#)(%C&'$1L*+"#X9*%&51&D1>?
4$)*D#&S?4#(&T*0%.#&]1C%)&L%"#L#+8*&$#L&4%0#/*)#%&C#&51&L%)%J(%&0#%&P%)10#&'#
%C$%D(*D&4$%V"1)*D#&*&5#0%D&)%J%D
j?4#(&T*0%.#&R."%D#(%)*Q&%/9*J(%&51&$#P?(#%&'#&D%C?Q(%+Q?X&L#&L%9*51&'$4'0*&4$1'"%
T1'?D8*)%&51&'&"*D&?&)1/*&81C%)#&4$1L?'$1"J*)%'"&4$1D#&4#4*&*&L%/)%.#X&L#&'1&(#&81C%)?
(%)%DX&(1L#)(%&%')%51(%DX&4%L$?P5?X&?&Y?L(*0?X&D%C?&4%L*Q*&L)#&0#"%.*P0#&D#(#'"*$# 
:"1%&51&')#0#0%X&L#&'1&(#&"#5&(#P*(&%91/91L*&%L&0#0)1&0#"%.*P01&#0<*51&4$%"*)&'191&*&L#X
%L%9$%)%J*)+*&4#4?X&?D*$*&*&D#>#$'0*&L)%$&B$#51D&.1"#&A6&?/1%&51&c?$#&;#.+*QX&0#%
(14%'$1L#(&'?'1LX&C$#L&3$*/$1(&`LD#V&4%'.1&"%C#X&?&51'1(&*&/*D?&"1&C%L*(1X&4%0?+#%&51
S?4#(&T*0%.#X&L#&4%"*'(1&;#.+*Q#&%L#".1&*&L#&L%9*51&"#5&C$#L&/#&'191&`(&51X&?&"%&)$1D1X
*D#%&L%'"#&)1.*0?&%9.#'"X&%L&B%(#)J#&L%&Y?L(*0#X&*&9*%&51&51L#(&%L&(#5D%Q(*5*V&L*(#'"#
'#)$1D1(1&!$9*51&`L&0(1/#&b#/#$#&9*%&51&(14$14%$(%&5#P*i&%L&81C#&51X&?&%'"#.%DX&*&?/1%
Y?L(*0X&A6&*.*&A6&C%L*(1
`)#0)#&81C%)#&'*.%)*"%'"&'")%$*.#&D?&51&(14$*5#"1J1&(#&')1&'"$#(1i&?&;%'(*X&?&-?9$%)(*0?X
?&\1"*&*&?&!$9*5*&-?9$%)P#(*&'?&'1&?&4$%.1Q1&A6A&"?S*.*&D#>#$'0%D&0$#J?X&0#0%&'1&%(
'4$1D#&L#&*V&4%(%)(%&(#4#L(1X&?&/#51L(*<*&'&=.1P#(*D#&*&c?$%D&;#.+*Q1DX&'&0%5*D&'1
L%'"#&9$/%&'4%$#/?D1%X&T#$%P*"%&0*)#(&(#&S?4#(#&T*0%.?&91+1&0(1/&b#/#$&T1D%Q#(&L#&'#D
'?/9*51&L$*('0%C&C%'4%L#$#X&%(&51&"$#S*%&'#)1/(*01i&D*'.*%&51&(#&9%'#('0%C&9#(#&*&(#&5%+
D%Q(*51C&D#>#$'0%C&0$#J#&-#&4$*L%9*51&%)%C&L$?C%C&0(1/&b#/#$&51&D%$#%&L#&D?&'1&%9#)1S1&(#
(101&?'.?C1&*&L#S9*(1&!&H)$"0%D&'1&'.%S*%&.#0%&*&9$/%&K%5'<*X&0%5?&'?&L*C.*&/#51L(*P0*
4$%"*)&T*0%.1X&4$*L$?S*.%&'1&*&777&0%4J#(*0#&D#P)#('0%C&9#(#&T*0%.1&M#$1M%$5#('0%CX
$#(*51C&4$*5#"1J#&*&0?D#&S?4#(%)#X&0%C#&51&?4?"*%&D#>#$'0*&0$#J&j?4#(&T*0%.#X&?4.#+1(X
4%)?0#%&'1&?&"$19*8'0?&%9.#'"X&#.*&C#&/#4%)1L(*0&B.%9?0#&(1&4?'"*&?&C$#LX&#&*&%'"#.%
'"#(%)(*+")%&4%(#+#.%&'1&4$1D#&81D?&'#&(*D#.%&4$1L?'$1"J*)%'"*&K*L1Q*&"%&)$#"*%&'1
%(&?&[S*<1X&#.*&51&"?&9*%&'#).#L#(&*&L%D#.%&%'.14J1(&]1C%)1&/1DJ1&4%L1.*+1&b#/#$&*
H)$"0%X&#&;#.+*Q*&/#?/1+1&H$19*81X&B%(#)J1&*&-$#P1)*<?&B(1/&b#/#$&51&L%9*%&Y?L(*0X
[S*<1&*&'1)1$(1&%9.#'"*&R."%D#(%)*Q1)1&L%&?+Q#&b*D#&?&-$*(?X&'#&-%9$?(%DX&#&H)$"0%
'$1L8*&L1%&'#&3%L$*81D&*&3%.*DJ1D&L%&*/#&3$*514%J#&H#5&'1&$#'#4&T*0%.*(&L%C%L*%
A6A&C%L&`L&')1&'*.1&*&C%'4%L'")#&%'"#.#&D?&51X&*/C.1L#X&'#D%&51L(#&D#.#X&(1/(#(%&0%5#


 

 ,
%9.#'"&?&'#'"#)?&b#/#$1)1&L$S#)1  

" $
[&H)$"0#&'?&'1&/#&%)%&)$1D1&$#/)*.*&0$?4(*&4.#(%)*&=#>#$'0*&0$#J&b#5%+&91+1&?&(%)1D9$?
A67&4%'"#%&*&4%J'0*&0$#J&*&"1S*+"1&')%51&4%.*"*01&91+1&%"#L&4$1(1%&'#&;#.0#(#&(#
'1)1$(1&C$#(*<1&')%51&0$#J1)*(1&\#?/1"&(%)*D&4$%9.1D*D#&D#>#$'0%4%J'01&'#$#L81&*
4%'.1&4*"#8*D#&U"#.*51X&')%51&#(S?5'01&%"#Z9*(1X&%(&51&4%0#/*)#%&')1&D#81&*("1$1'#&/#
9#.0#('01&'")#$*&;*'"$*&H)$"0%&%'1"*%&51&"%&!)1'"#(&')%51&)$1L(%'"*&*&4?(&#D9*<*51&%(&51
S1.1%&L#&;%'(*&L#&)1Q*&/(#P#5&*&?.%C?&3%'.1&'D$"*&<#$#&[$%+#&%(&51&9*%&4%&0$)*&(#59.*S*
'$%L(*0&*&4%&"%D&4$1"1(L1("&(#&'$4'0*&4$1'"%&'#&(#5)*+1&4$#)#&]1C%)#&9#9#&9*.#&51
O1.*'#)1"#X&0Q*&0$#J#&-$#C?"*(#X&4$#)#&(1D#8*Q0#&4$*(<1/#&B(1/&b#/#$&*D#%&51&D(%C%&D#81
/#0%('0%C&4$#)#&(#&'$4'0?&0$?(?&(1C%&%(X&#&%'(*)#.*&'?&C#&81C%)*&J?L*&'#D%&(#&4$#)?
81C%)1&S1(1X&0%5#&51&9*.#&4%"%D#0&(1D#8*Q01&K?0#(%)1&.*(*51&*/&\1"1&-%&'.%D#&T*0%.1
R."%D#(%)*Q#&H)$"0%&"%&')%51&4$#)%&(*51&*'"*<#%&%'1Q#5?Q*&L#&9*&C#&%(%&D(%C%&/#4.1.%i&'#LX
4%'.1&T*0%.*(#&'.%D#X&0#L&C#&51&?&'$4'01&D1>?'%9(1&9%$91&?)1.#&51L(#&'"$#(#&*&0#L&51&L%9*%
0.#'*P(1&%9.#'"*&'"#$1&Y#+01X&%(&'1&D%C#%&$1+*"*&%L.?P(*51&[&"%.*0%&4$1X&+"%&51&b#/#$
9*%&'.#9*5*&%L&81C#X&*&+"%X&')1'"#(&H)$"0%)#&4$#)#X&(*51&4$#)*%&(*&4*"#81&%L&"%C#
M%L&A6 X&@&L1<1D9$#X&H)$"0%&'1&)1(P#%&'#&-%$%"15%DX&Q1$0%D&9?C#$'0%C&)*L*('0%C&<#$#
!"$#<*D*$#X&*/C.1L#X&4%&4$14%$?<*&D#>#$'0%C&L)%$#&=.#L#&4$*(<1/#X&P*5*&51&%"#<&9*%&51L(%
)$1D1&?&$%4'")?&D#>#$'0%D&*&4%'.1&)#/#.&0$#J#&b#5%+#X&(#.#/*.#&'1&(#&b#5%+1)%D&L)%$?
U(#P1X&4%.*"*P0*X&"#&51&)1/#&D%C.#&9*"*&%L&(#$%P*"#&/(#P#5#X&51$&51&'4#5#.#&;%'(?X&!$9*5?&*
;?C#$'0?&?&4$*5#"1J'0%D&*&$%L9*('0%D&'#)1/?&`)#&S1(*L9#&'&0Q1$5?&9?C#$'0%C&<#$#&"$19#.#
51&H)$"0?&*&$#L*&.*P(%C&4$1'"*S#&?&'%4'")1(%5&/1DJ*&*&$#L*&81C%)*V&9?L?Q*V&4.#(%)#
!)#L9#&'1&%9#)*.#&?&(10%D&9.*S1&(14%/(#"%D&D1'"?X&CL1&'1&(#.#/*.#&<$0)#&')&U.*51&H%D
4$*.*0%D&9#(&'1&)1Q&9*%&*/D*$*%&'&9$#"%D&K?0%DX&0%5*&51X&'&D#50%D&/#51L(%X&4$*'?'")%)#%
')#L9*&K1(P#81&51&*/)$+*%&9*'0?4&31"#$&B#%&(#C$#L?&/#&"%&*&/#&81C%)&%'"#.*&$#L&H)$"0%&51
0#4"%.?&9%'#('01&14*'0%4*51&4%0.%(*%&?(#4$1L&)1.*0*&4%'1L&O1.+#)*<?X&0%5*&'1&(#.#/*%
9.*/?&81(%C&L?9(*P0%C&*D#8#&3#4#&51&A&%0"%9$#&A6 &%L%9$*%&"#5&4%0.%(&Y#L*&')%5*V
/#'.?C#&/#&)1$?&31"#$&51&A&5#(?#$#&A6,&4%'"#%&>?$'0*&(#L9*'0?4X&#&(#&81C%)%&D1'"%&L%+#%
51&/#L#$'0*&9*'0?4&-%D*(*0&U/&%)%C&P*(#X&+"%&51&H)$"0#&)1(P#%&0#"%.*P0*&9*'0?4&D1(*&51X
0#%&*&$#(*51&U&Y?)#$<?X&5#'(%X&L#&51&H)$"0%&4$*4#L#%&0#"%.*P0%5&)1$*&[&"%.*0%&4$1X&+"%&51&*
"#&9?C#$'0#&4$*(<1/#&9*.#&0#"%.*P0*8#X&*&+"%&)1(P#81&(*51&(*0#0#)&L$S#)(*&P*(X&(1C%
.*P(#&'")#$ 

!&-?9$%)(*0%D&H)$"0%&51&S*)1%&*&L#J1&.14%&*&&N19$?#$#&A62&%'.%9%L*%&51&')?&8*V%)?
"$C%)*(?&%L&<#$*(1&EFL#&'1&(*CL$¯&(1&?/D1&(*1L(#&<#$*(#&(#&L?9$%)#P0%D¯&(*&(#
P1D¯$1FG  &R.*X&'&L$?C*D&'?'1L%DX&c?$%D&;#.+*Q1DX&%L(%+#5*&(*'?&9*.*&(*D#.%&L%9$*
3%P1"0%D&A62&C%L*(1X&-?9$%)P#(*&'?&'1&?'"$?P#)#.*X&*/&'"$#V#&%L&c?$1X&0%5*&51&F
‚ 
F&*&F0%5*&(1D#&$#/?D#FX&L#&8*V%)*&4%'.#(*<*&'*>?&/#51L(%&'&9#(%D&H)$"0%D&?&:?D&T#
L?9$%)#P0?&D%.9?&c?$#&51&9*%&L#%&'.%9%L#(&4$%.#/&0$%/&')%51&4%L$?P51&J?L*D#&9%'#('0%C
9#(#X&0#L#&*L?&/#&-?9$%)(*0i&#.*&F#0%&9*&'1&(10%å#&')#L#&?P*(*.#&DCÛ&D(%D¯&*&DCÛ
9#(%D¯&9%'(¯'0*D¯FX &%(&Q1&(#&)$1D1&%9#)1'"*"*&L?9$%)#P0?&C%'4%L?&L#&'1&'0.%(1&H%&51
%P*"&/(#0X&L#&%L(%'*&*/D1>?&"#&L)#&'?'1L#&(1&)#J#5?&R&/#D?"*.*&'?&'1&/9%C&H$19*8#X&(#&0%51
51&H)$"0%&4%.#C#%&4$#)%&0#%&T*0%.*(&4%91L*.#<&B%.*0%&'1&L#(#'&/(#X&L%&4$#)%C&$#"%)#8#
"#L#&(*51&L%+.%&R.*&'?&H)$"0%)*&J?L*X&4%P1"0%D&A66X&)%L*.*&(101&4$1C%)%$1&'
H$19*8<*D#&*&51L#(&%L&8*VX&(10*&B$#'%51X&L%.#/*%&51&?&-?9$%)(*0&*&S1.1%X&L#&-?9$%)P#(*
?/D?&(#&'1&?.%C?&4%'$1L(*0#&H$19*8<*&'?&'1&9*.*&4%P1"0%D&A66&C%L&4%9?(*.*&4$%"*)
;#.+*Q#&*&4$1&(1C%&'?&4$*/(#.*&H)$"0%)?&).#'"&%(*&'?&"$#S*.*&%L&81C#&*/)1'(#&%91Q#8#&*
51D'")%&/#&8*V&'?'1L(%C&-?9$%)(*0#&`)#5&(*51&'D1%&L#&?.#/*&?&"%&*/&%9/*$#&4$1D#&;#.+*Q?X
#.*&'1&H)$"0%&*&91/&"%C#&(#C%L*%&'&H$19*8<*D#&*&4%'1%&8*V%)?&%9.#'"&'&B%(#)J1D&*
-$#P1)*<%DX&?&4$%.1Q1&A66&=&`$9*(*&4$*P#X&L#&51&c?$#&;#.+*QX&4%D%C(?"&P1"#D#&B#$.#


 

 67
H%4*51X&?4#%&?&H)$"0%)?&%9.#'"&*&4$10%&`(%C%+"#&L%4$%&4.1(1Q*&')1&L%&T1)1'*8#X&4#&'1
%(L#&)$#"*%&0?Q*&*&L%D#.%&?D$%  H)$"0%&51X&)1$%)#"(%&/9%C&"%C#X&5%+&?&51'1(&"1&C%L*(1
L*/#%&)%5'0? 
[&51'1(&A66X&P*(*&'1&%&=*"$%)L#(?X &H)$"0%&'1&0$?(*'#%&/#&0$#J#&!$9*51X&?&=*.1+1)?X
(#L&C$%9%D&!)&!#)1&[4#L#&?&%P*X&L#&0$?(*'#81&(*51&%9#)J1(%&?&j*P*X&CL1&'?&'1&L%".1
0$?(*'#.*&')*&0$#J1)*&L*(#'"*51&T1D#8*Q#i&*&"%&'*C?$(%&'&"%C#X&+"%&j*P#&(*51&9*.#&(#
H)$"0%)%D&4%L$?P5?&O#&(1&/(#D&'&"%C#X&L#&.*&'1&D%S1&4$*D*"*&O*$1P10%)#&4$1"4%'"#)0#X&L#&51
%(&"%D&4$*.*0%D&F0$?(*'#(&0$?(%D&!"1N#(#&3$)%)1(P#(%C#F &3%")$>?5?Q*
-?9$%)P#(*D#X&7&#4$*.#&A6@X&')1&$#(*51&"$C%)#P01&4%).#'"*<1&9%'#('0*V&*&'$4'0*V
).#L#$#X&H)$"0%&'#&4%(%'%D&C%)%$*X&0#0%&D?&51&;%C&L#%&L#&9?L1&9.#C%'#L(*&4%"%D#0&*&L#&C#
?L%'"%5*&L)%'"$?0%C&)1(<#X&F*#0%&¨9%5#&).#L*P¯'")*5#&*'4$#).#"*X&D*&4$¯)*1&¨"¯&*'4$¯)#
)¯&9%C%L#$%)#(¯(*&(#D¯&/1D.*&;%'(X&4%&"%D&S1&C%'4%L?&D%*1D?&9%C?&'4%L%9.¯+?&D1
(#'.L%)#"*&4$'"%.¯&D%*V¯&4$$%L*"1.¯X&C%'4%L1&'$¯9¯'01F&B#L&51&)*L1%X&4*+1&%(&L#J1X&L#
51&'$4'0#&/1DJ#X&%L(%'(%&/1DJ#&81C%)*V&4$#$%L*"1J#X&%'"#.#&91/&')%C&4#'"*$#X&F*L%V¯&)¯
'$¯9¯'0?Û&/1D.ÛX&S1.#*1&*&V%"1&?0$4*"*&4$'"%.¯&$%L*"1.¯&D%*V¯X&*&"#D%&+¯L¯+?&D*
)(¯P#(¯&9|V¯&9%C%D¯&L#$%)#(*D¯&D*&)(<1D¯&(#&0$#.*1)¯'")%&4$$%L*"1.¯&D%*V¯F&[
"$#L*<*5*&'$4'0*V&).#L#$#&%(&'#L&4%'"#51&0$#J&!"1)#(X&?4$#)%&<$0)1('0*&!"1N#(X&F0$#.¯
!$¯9.*1D¯&*&;%'(&*&3%D%$*Û&*&\#4#L(*D¯&!"$#(#D¯F 

`9*.#/1Q*&/1DJ?&0#%&0$#JX&FS1.#*1&4#L+#5#&'#&)¯/L)*C(?"*&*&$#/%$+#5#&'#&?0$4*"*FX
H)$"0%&51&?&4$%.1Q1&A6@&4$%+#%&%L&j$(%)(*<1&L%&')%C&0$#J1)'0%C&L)%$#&?&H$'"*)(*<*&4%L
;%9%)<1D&H?&51&4$*D*%&L?9$%)#P0%&*/#'.#('")%X&4%")$L*%&D?&6&5?(#&')1&+"%&51&?C%)%$*%&?
j$(%)(*<*&*&/#0.1%&D?&'1&'#&')%5%D&).#'"1.%D&*&0$#J*<#D#X&D#50%D&*&S1(%D&;$#"&K?0&D?
'1&(1&'4%D*81i&9*Q1&L#&51&?D$%&4$1&%)%C&L#"?D#&-?9$%)P#(*&'?X&/#&'.%9%L?&"$C%)*(1X
4.#Q#.*&%L'#L&H)$"0?&0#%&'$4'0%D&).#L#$?&%(#5&C%L*+8*&')1"%L*D*"#$'0*&L%V%L#0&%L&777
41$41$#&!)1P#(?&4%)1J?&(1&4*+1&)*+1&4$%'"*&FL*5#0F&)1Q&F.%C%N1"F&K.#L1X&0%C#&51&H)$"0%&'
"%Di&"*"?.%D&L%)1%&*/&Y#+01&V%"1Q*&L#&*&(#&')%D&L)%$?&?)1L1&0$#J1)'01&'$4'01&%9*P#51 
=*'.*D%X&L#&(*51&%4$#)L#(#&")$L8#&K&B.#5*Q#&L#&51&H)$"0%&"*D&#0"%D&0$?(*'#8#&?/)*'*%
;%'(?&(#&'"141(&%
&0$#J1)*(1 &!#D%'"#.(#&0$#J1)*(#&/(#P*.#&9*&'?0%9&'#
b#5%+1DX&0%5*&H)$"0?&(*51&"$19#%i&'#D%&0$?(*'#81X&*&"%&0$?(%D&'$4'0*V&0$#J1)#&*&)#(
4%L$?P5#&;%'(1X&(*51&b#5%+?&'D1"#.%&(*+"#i&"%&51&9*.%&5#P#81&81C%)#&)#/#.#&U/#/*)#"*
b#5%+#&H)$"0?&(*51&"$19#.%&)1Q&(*&$#L*&"%C#X&+"%&51&%(X&?&4%'.1L81&)$1D1X&L%0&51&b#5%+&9*%
/#%0?4J1(&(#&L$?C%5&'"$#(*X&).#L#%&?&;%'(*&4%"4?(%&(1'D1"#(X&')151L(%&0#%&L#&51&9*%&*
'#D%'"#.#(&-#&0$#J1)'0#&"*"?.#&(1&*'0J?P?51&4$*/(#)#81&"?>1&)$V%)(1&).#'"*&'")#$&51
L%)%J(%&4%/(#"#i&(#&;#.0#(?&'#D%DX&*&?&(#+%5&V*'"%$*5*X&/#&"%&51&9*.%&)*+1&4$*D1$#
[/&P*(&.%C%N1"#&H)$"0%&51X&4%&4$*D1$?&'$4'0%C&L)%$#&?)1%&*&L)%$'01&P*(%)1&4$%"%)1'"*5#$#
*&'"#)*.<#&\#&4$%"%)1'"*5#$#&4%'"#)*%&51&(#54$1&51L(%C&-?9$%)P#(*(#X&')%C&')1+"1(*0#
Y#"0#X&L%<(*51C&9*'0?4#&?&H$19*8?X&#&0#'(*51&51&(#&"#5&4%.%S#5&L%)1%&51L(%C&P.#(#&P?)1(1
0%"%$'01&0?Q1&;?Q#X&H$*4?&;?Q?&H)$"0%&51&"#L#&?)1%&?&?4%"$19?&*&)1.*0*X&?D1"(*P0*
*/$#>1(*X&0$#J1)'0*&41P#"X&F
 & 
F

B#L&51&?&4$%.1Q1&A6@&C%L*(1&L%+.%&L%&$#"#&*/D1>?&=.1"#0#&*&c1(%)1&*&=#>#$*&'"#.*&(#
'"$#(?&c1(%)1/#X&?&-?9$%)(*0?&'1&91V?&?4.#+*.*X&L#X&0#%&D#>#$'0*&0.1")1(*<*X&(1&9?L?&*
%(*&?)?P1(*&?&$#"&`4#'(%'"&51&9*.#&(1&"%.*0%&/#&8*V%)&L%9$%&?")$>1(*&C$#LX&0%.*0%&/#
!"%(&`(*&'1&'&"%C#&%9$#"*+1&/#&4%D%Q&(#&')1&'"$#(1X&#&4%(#54$1X&(#$#)(%X&D#>#$'0%D&0$#J?
B#L&*V&51&%)#5&?4?"*%&(#&H)$"0#X&0#%&(#&(#59.*S1C&'?'1L#X&-?9$%)P#(*&'?&2&(%)1D9$#&A6@
%LC%)%$*.*&%)#0%&0%.*0%C%L&'D%&4?"#&L%'#L#&/#D%.*.*&4%D%Q&%L&0$#J#&;%'(1&*&Y#+01X&%(
(#D&51&?)10&?0#/*)#%X&#.*&%L'#L#&0#%&L#&(1Q1&)*+1&9*"*&"#0%X&*.*&"#&4%D%Q&(*51&9#$&'#')*D
'*C?$(#X&F51$&*D#&L#&$#L*&')%51&4%'.%)1&0%51&51&/#4%P1%&?&0$#J1)'")?&$#+0%DFX&F*&'#L&(#D&51
L#J*X&(1C%&+"%&51&9*%&*0#L&L%'#L#  O1L(%&)$1D1X&?&#)C?'"?&"1&C%L*(1X&%(*&'?&P#0
4%D*+J#.*&*&(#&D%C?Q(%'"X&L#&H)$"0%&?>1&?&'#)1/&'&=.1P#(*D#



 

 6
3#&*4#0X&H)$"0%)*&J?L*&'?&*D&'1&(#+.*&?&4%D%Q*&*&%)%C&4?"#&B#L&51&"%0%D&L1<1D9$#&A6@
%4#'(%'"&/#&!"%(&4%'"#.#&)1.*0#X&H)$"0%)&0#/(#<&B$#'%51&'"*C#%&51&'#&')%5*D&J?L*D#&L#
4%D%C(1&?&%L9$#(*&"%C#&D1'"#&*&0$#5#
-%&)1.*0*V&0%4(1(*V&9%$9*&(*51&(#&%)%5&'"$#(*&?%4+"1&(*0#0%&(*&L%+.%X&#.*&51&9*.%&L%'"#
(#4#L#5#&'#&.#>#D#&*&9#$0#D#&L?S&<1.1&L#.D#"*('01&%9#.1&L%&;%01&B%"%$'01&=.1<*&91V?
/#).#L#.*& &#)C?'"#&A6@&0%"%$'0%D&%9.#+Q?&*&C$#L%DX&0%5*&'1&%L&A6&C%L&(#.#/*%&4%L
)$V%)(%D&).#+Q?&=#>#$#&-?9$%)(*0&51&%95#)*%X&L#&Q1&B%"%$&'.?S*"*&=.1P#(*D#&0#%&)$.%
4%C%L(#&9#/#&/#&'(#9L1)#81i*&0#0%&51&%L&$#(*51&9*%&4$%"*)(*0&"%C&C$#L#X&"%&51&?41%&')1&'*.1X
L#&D?&*&%)%C&4?"#&+"%&)*+1&%"1+P#&4$%D1"&-?9$%)P#(*&?4%/%$#)#5?&D#>#$'0%C&0$#J#&(#&"%X
L#&51&B%"%$&D.1"#P0#&9#/#i&L#&51&%L9*%&4$*D*"*&D#>#$'0?&)$V%)(?&).#'"i&L#&51&"?&)$.%&)1.*0#
D.1"#P0#&0%.%(*5#i&*&L#&'&"%C#&"$19#&4$1'1Q*&')1&)1/1&'$4'0%C&/#.1>#&'#&"*D&C$#L%D&`(*&'?
"$#S*.*&P#0X&L#&"%&D#>#$'0*&0$#J&*/$*P*"%&F(#$1L*F&F'#&C%'4%L*(%D&0$#J1D&Y#+01F

-?9$%)#P01&.#>1&0$'"#$1&')1&L%&;%01&*&;?L)1&*&%D1"#5?&'&D#81&*.*&)*+1&?'41V#&4$%D1"
0%"%$'0*D&.#>#D#&H#0)%&4%'"?4#81&-?9$%)P#(#&L%)1.%&51&B%"%$#(1&?&L%'"#&"1S#0&4%.%S#5
`(*&'?&4%(?L*.*&Y14?9.*<*&4$1C%)%$1&*&9*.*&)%J(*&*/*Q*&*D&L%'"#&?&'?'$1"X&#.*&51
-?9$%)(*0&/#"1/#%&*&')1&)*+1&?/*D#%&'"#)&4%91L(*0#&_#0&51&A&D#$"#&A6&L%(1'1(
/#0J?P#0X&L#&L?9$%)#P0#&N.%"#&4%>1&L%&B%"%$#&*&L#&"#D%&4%V)#"#&')1&0%"%$'01&.#>1X&4#&L#&*V
*.*&L%)1L1&?&-?9$%)(*0&*.*&'4#.*&H#&51&(#$1L9#&4%(%)J1(#&*&,&D#5#X&51$&4$)#&(*51&*D#.#
?'41V#
K*L1Q*&"#0)%&L$S#81&-?9$%)#P01&Y14?9.*01&B%"%$#(*D#&(*51&%'"#5#.%&L$?C%&(1C%&L#&"$#S1
4%D%Q*&*&/#+"*"1&0%L&(10%C&D%Q(%C&'?'1L#X&0%5*&9*&D%C#%&L#&*V&'")#$(%&*&9$/%&?/D1&?
%L9$#(?&`(*&'1&$#L*&"%C#&%9$#"*+1&0$#J?&H)$"0?
-?9$%)P#(*&'?&4$)*V&D1'1<*&A6&C%L*(1&$#P?(#.*&(#&H)$"0#&0#%&(#&4%?/L#(#&4$*5#"1J#&[
(#5"1S*&P#'&4$%"10.1&/*D1&81C%)*&J?L*&9*.*&'?&4$)*X&0%5*&'?&*D&4$*'0%P*.*&?&4%D%Q
B$#51D&5#(?#$#&A6&-?9$%)P#(*&4%(%)%&/%)?&?&4%D%Q&H)$"0%)1&J?L1&[&N19$?#$?&D1'1<?
%(*&'?&4%0.%(*.*&*/&/#V)#.(%'"*&0$#J?&51L(?&0?4?&%L&27&41$41$#&)$1L(%'"*&]*V%)*
4%'.#(*<*&*L?&"%C&4$%.1Q#&(#&9%'#('0*&L)%$X&0#%&*&9%'#('0*&?&-?9$%)(*0X&*&8*V%)1&)1/1&'?
'"#.(%&4$*5#"1J'01&[&N19$?#$?&*&#4$*.?&H)$"0%&*/)%/*&*/&-?9$%)(*0#&4%&7&.*9#$#&4$#V#
/#&9%D9#$L1X&#&L%9*5#&*&(#&4%0.%(&51L(?&9%D9#$L?X&+"%&51&(1'?D8*)&/(#0&L#&C#&'D#"$#5?&/#
4$*5#"1J#&R.*&%L&'$1L*(1&D#5#&"*&%L(%'*&4%'"#5?&$>#)*5*&-?9$%)P#(*&'1&4%P*8?&L#&J?"1&*
6&D#5#&%L9*5#5?&L#&4$*D1&0$#J1)%&/#?/*D#81X&L#&'1&4%D*.?51&-%9$1&B#.*Q&*/&`9%L#X&0%5*
91+1&%'?>1(&L#&*/C?9*&%0%&H#&J?"8#&L%+.#&51&%"?LX&+"%&'1&H)$"0%&%L#/)#%&4%/*)?&B%"%$#(#
*&4%'.#%&51L(%&4%'.#('")%&?&-?9$%)(*0&L#&4%'$1L?51&L#&D*$&H)$"0%)&4%0?+#5&51X&D#L#&(*51
9*%&4$*5#"#(X&*D#%&L%'"#&?'41V#&`LD#V&'5?"$#L#(X&@&D#5#X&/#0J?P*.%&51&K1Q1&[D%J1(*VX
L#&4%+#J?&V*"(?&4%$?0?&?&B%"%$X&0#0%&'?&)%J(*&*'4*"#"*&8*V%)1&4$1L.%C1

R.*&"#5&4$)*&4$*5#"1J'0*&4%0?+#5&4%'$1L%)#8#&(*51&?'41%X&*&"%X&*&%41"X&$#L*&L$S#8#
-?9$%)P#(#&*&8*V%)*V&'#)1/(*0#&[&.1"%X&&5?.#X&L%(1'1(1&'?&?&Y14?9.*<*&4%(%)%&%L.?01X&L#
'1&4%+#J1&51L(#&.#>#&L#&%4'1L#&B%"%$X&*&L#&%'"#(1&"#D%&L)1&(1L1J1
&B%"%$#(*X&$#L*&"%C#X
4%"$#S*+1&%L&H)$"0#&1(1$C*P(*51&D1$1&]*V%)&).#'"1.*(&=#$*(&;?Q#&9*&?4?Q1(&?&;%'(?X&L#
4%(?L*&0$#J?&'#D&C$#L&*&%9.#'"&0%"%$'0?&0#%&<1(?&/#&81C%)?&4%D%Q&3%(?L#&51&9*.#&.14#&*
4$*D#DJ*)#&*&H)$"0%&51X&4$*$%L(%X&4$*D*%&%91$?P01&B#%&4$)?&D1$?&4$%"*)&-?9$%)(*0#&%(
51&*/L#%&(#$1L9?X&L#&(*0%&%L&81C%)*V&4%L#(*0#&(1&'D1&'*.#/*"*&?&"#5&C$#L&*&"#D%X&4%
L%"#L#+81D&%9*P#5?X&4$%L#)#"*&D1'%X&'*$&*&%'"#.1&S*)%"(1&(#D*$(*<1&[&')%5%5&"?S9*
L#.D#"*('0%V$)#"'0%D&9#(?&T*0%.*&\10?&%L&7&5?(#&A6&-?9$%)P#(*&'?&'1&4%S#.*.*X&L#
'?&/9%C&"%C#&F0#%&%4'1L(?"*F&*&L#&'1&4$*.*P(%&4#"1&=#$*(&;?Q#X&D1>?"*DX&P*"#)%&)$1D1
'1L1%&51&0%L&0$#J#&H)$"0#&'D*+J#5?Q*&')1&+"%&D%S1&L#&(#4#0%'"*&Y14?9.*<*&
&B#%
%LC%)%$&(#&"1&D1$1&9%'#('0%C&0$#J#&L%+.#&51&L?9$%)#P0#&%L.?0#&%L& &5?(#&L#&'1&/#9$#(*&'#)
"$C%)#P0*&4$%D1"&'&;%'(%D
&R.*&%)#&/#9$#(#&(*51&L?C%&"$#5#.#&K1Q&,&5?(#&-?9$%)P#(*
/#0J?P?5?&L#&4%(?L1&B%"%$?&D*$X&F4%+"%&'1&)$#"*%&?&)1$(%'"&(#+1C&C%'4%L*(#&0$#J#
?C#$'0%CFi&#&&5?(#&51L(%C.#'(%&51&4$*DJ1(%X&L#&'1&%&"%D&%9#)1'"*&*&0$#J&H)$"0%


 

 6
B%"%$&'1&L%*'"#&9*%&%L.?P*%&L#&'1&4%0%$*&D#>#$'0%D&0$#J?&)1$%)#"(%&%LD#V&4%'.1&)1'"*X
0%5#&D?&51&'"*C.#&%&4%$#/?&D.1"#P01&N.%"1&0%L&3%.1&E6&D#5#&A6G&*&%&"%D1X&L#&'?&'#D*
=.1<*&0$#51D&D#5#&?4?"*.*&')%51&4%'.#('")%&D#>#$'0%D&0$#J?&'&D%.9%D&/#&D*$&B$#J
H)$"0%&L%+#%&51X&'&"%C#X&?&(1/C%L#(&4%.%S#5&L#&'1&*.*&'"#)*&4$%"*)&D#>#$'0%C&0$#J#X&0%D1&'1
B%"%$&4%0%$*%X&*.*&L#&4$*D*&L%&/(#8#&"?&4$%D1(?&0%"%$'01&4%.*"*01X&0%5#&51&4%"10.#&*/
'"$#V#&\#&D(%C1&51&9*.%&(15#'(%X&0#0%&Q1&'1&%(&%4$1L1.*"*&[&51'1(&"1&C%L*(1&H)$"0%&51&9*%
4$*9$#%&%)1Q?&)%5'0?X&/#&0%5?&'1&?&-?9$%)(*0?&(*0#0%&(*51&D%C.%&'#/(#"*X&0?L#&Q1&9*"*
?4?Q1(#&;*.%&51&P#0&9%5#/(*X&L#&%(#&(1&9?L1X&4%'$1L(%&*.*&(14%'$1L(%X&?41$1(#&4$%"*)&8*V
'#D*V&H)$"0%&51&9*%&4%'"#%&%L.?P(*5*X&0#L&51&L%9*%&)1'"X&L#&'1&-?9$%)P#(*X&4%&D#(L#"?
D#>#$'0%C&0$#J#X&'4$1D#5?&L#&/#4%'1L(?&0%"%$'0*&C$#L&`0"%9$#&7&4$%(1%&'1&0$%/
-?9$%)(*0&C.#'X&L#&Q1&H)$"0%)#&)%5'0#&L%*'"#&0$1(?"*&4$%"*)&8*V%)1&%9.#'"*&Y#L*&"%C#&9*
/#0J?P1(%X&L#&'1&4%$%L*<1&L?9$%)#P0*V&'1J#0#&'&*'"%P(1&'"$#(1&4$*D1&?&C$#LX&*&"%&%LD#Vi&L#
'1&C$#L&4%P(1&9?L(%&P?)#"*&*&"%&'#&77&J?L*&)*+1&(1C%&%9*P(%i&*&L#&'1&'(#9L1&V$#(%D&/#
')#0*&'.?P#5&=#$*(0%&;$#"%'.#)*Q&9*&*/#9$#(&L#&%L1&0$#J1)%5&)%5'<*&*&L#&'1&%9#)1'"*X&#
L$?C*&51L#(&*/#'.#(*0&*D#%&'1&$#'4*"#"*&%&0$#J1)*D&(#D1$#D#&?&B%(#)J?&H)$"0%&51
D1>?"*D&?4?"*%&51L(%&4*'D%&Y14?9.*<*X&?&0%D&51X&*/C.1L#X&"$#S*%&%L&8*VX&L#&D?&0#S?&+"#
%)%&')1&4%'"?4#81&'&B%"%$%D&*D#&L#&/(#P*&[&-?9$%)(*0?&'1&&(%)1D9$#&$1+*.%X&L#&4$1D#
0$#J?&9?L?&%9#/$*)*X&#.*&%L.?P(*&;$#5#(&T1(#L%)*QX&8*V%)&P%)10X&*D#%&51&0$1(?"*&0$#J?&*
+"%&.14+*D&$1P*D#&(#'"%5#"*X&L#&D?&4$*0#S1&'")#$&0#%&91/&*0#0)1&/.1&(#D1$1&4$1D#&81D?
R.*X&0#0%&51&'"#)&H)$"0%)&9*%&4%D#.%&4$1"1Q*X&Y14?9.*0#&51&4%D*+J#.#&*&(#&L$?C1&D1$1
;$#5#(&T1(#L%)*Q&L%9*%&51&(#$1L9?X&L#&'1&'#&L?9$%)#P0*D&J?L*D#&%L?4$1&0$#J1)%5&)%5'<*X
#0%&9*&%(#&4%0?+#.#&L#&4.1(*&8*V%)%&4%L$?P51&[&*'"%&)$1D1&"$19#.%&51&'#"1$#"*&?
-?9$%)(*0&')?&)1.*0?&*&D#.?&'"%0?&8*V%)#&4%L$?P5#X&L#&(1&9*&4#.#&?&$?01&(14$*5#"1J?
3%$#/&=.1"#0#&L*C#%&51&%'1"(%&'#D%4%?/L#81&?&-?9$%)(*0?X&0%5*&51&$#P?(#%&(#&4%D%Q
D#>#$'0%C&0$#J#&K%.1.*&9*&(1'?D8*)%X&L#&(1&D%$#5?&L%Q*&?&'?0%9&'#&H)$"0%Di&#.*X&L#&9*
L%9*.*&B%"%$&?&')%51&$?01X&8*D#&'1&*&"#&'0?4#&<1(#&(*51&P*(*.#&"#0%&'"$#+(#X&(#$%P*"%&(1&?
%)#0%&%4+"1&4%)%J(%5&4%.*"*P0%5&'*"?#<*5*&B%.*0%&'?&4%'"#.*&0%P%41$(*&)*L*&'1&5#'(%&4%
"%DX&+"%&51&7&(%)1D9$#&H)$"0%)&4%'.#(*0&?&-?9$%)(*0?X&H)$"0%&K.#>1)*QX&4%D*+J#%&(#&"%
L#&9*&D%C#%&9*"*&(#4#L(?"&(#&L?9$%)#P0%D&".?
&R.*&+"%&51&)$1D1&)*+1&%LD*<#.%&*&0#0%
'?&*/%'"#.*&(10*&(#$%P*"*&?'41'*&'#)1/(*0#X&0%51&'?&%(*&%P10*)#.*X&-?9$%)P#(*&'?
4%'"#5#.*&')1&4%4?'"J*)*5*
!?0%9&'&H)$"0%DX&P*5?&'?&'(#C?&)*L1.*&)1Q&(10%.*0%&4?"#X&D%C#%&51&L#&*'4#L(1&0#"#'"$%N#.(%
4%&8*V&'#D1&!?)*+1&/#?/1"&?&U"#.*5*X&0$#J&b#5%+&(*51&D%C#%&L#&'1&"1S1&/#4.*Q1&?&"#0%
51L(%&/#&8&'4%$1L(%&*&91/(#P#5(%&4*"#81X&V%Q1&.*&B%"%$&9*"*&?&$?0#D#&L?9$%)#P0*D&*.*&(1X
0#L&51&)1Q&81D?&%91Q#%&)1$(%'"&K1$%)#"(%&51&9*%&%9#)1+"1(&*&%&?"*'0?X&0%5*&51&"#&)1'"
?P*(*.#&(#&H)$"0#X&#&(*51&V"1%&L#&91/&4%"$191&L#J1&$#/L$#S?51&9%'#('0%C&0$#J#&`'1Q#5?Q*
')1&"%&-?9$%)P#(*&'?&'1&"$?L*.*X&L#&'&H)$"0%D&%9(%)1&'"#$%&4$*5#"1J'")%
`)%&4$*5#"1J'")%&(*51X&(#$#)(%X&*/.?P*.%&0%"%$'0%&4*"#81&(*&*/&L?9$%)#P0%C&(*&*/
9%'#('0%C&*("1$1'#&B$#J&H)$"0%&(*51&0$*%&L#&4%.#S1&4$#)%&(#&51L#(&C$#LX&0%5*&D?&'1&'#D
4%(?L*%&[&B%"%$?&51&?&"%&)$1D1&*/9*%&%+"#$&'?0%9&*/D1>?&).#'"1.1&*&4?0#X&0%5*&51&4%).#P*%
/#&'%9%D&(1'?D8*)%&*&4%.*"*P01&4$%"*)(%'"*&-?9$%)P#(*&'?X&'&L#.D#"*('0%V$)#"'0*D
9#(%DX&'"#.*&(#&'"$#(?&).#'"1.1&*&?&5?(?&A@7&51L#(&8*V%)&*/#'.#(*0X&=#"15&c%$>*QX&*D#%&51
L#&5#)(%&0#S1&?&'$1L&B%"%$#X&0#0%&%(*&FV%Q1&*&S1.1X&L#&'1&0%"%$'0#&).#'"1.#&)$#"1&?&')%51
4$)%&'"#81&*&L#&).#L#5?&*&?4$#)J#5?&0%"%$'0*D&C$#L%DX&0#%&+"%&'?&?&$#(*51&)$1D1&(#)*0.*
?4$#)J#"*&0%"%$'0*&4.1D*Q*F&3?0?&'1&*D#.%&%+"$%&(#$1L*"*X&L#&).#'"&4$1L#&).#'"1.*&[
'.?P#5?&L#&(1&4%'.?+#5?&*D#.%&*D&'1&/#4$1"*"*&L#.D#"*('0*D&9#(%D&*&%")%$1(%&*D&$1Q*X&L#
51&-?9$%)(*0&(#&'"$#(*&).#'"1.1
&T*51X&4%'.1&"%C#X&"1+0%&4%C%L*"*&(#&P*5%5&'?&'"$#(*
9*.1X&)%J(1&*.*&(#D1"(?"1X&'*D4#"*51&H)$"0%)1&*&%L&0%C#&51&4$*"*'(?"*&4?0&D%C#%&"$#S*"*
4%D%Q*
[&?(?"$#+8%5&9%'#('0%5&4%.*"*<*&"%C#&)$1D1(#&'"#81&51&4%"4?(%&'$1>1(%&!"1)#(&H)$"0%
F0$#J&!$¯9.*1D¯XF&;%'(*X&3$*D%$*ÛX&:.¯D¯'<*&\1D¯.*X&L%.¯(*D¯&B$#1D¯X&\#4#L(*D¯


 

 6A
!"$#(#D¯X&['%$*X&!%.*&*&3%L$(*ÛFX&*/L#%&51&&D#$"#&A@7&:$)%5?&K?0P*Q?&4%)1J?X&0%5%D
C#&4%'"#)J#&/#&)1.*0%C&)%5)%L?X&(#&D1'"%&81C%)%C&?D$.%C&%<#&[/&"%&D?&51&4%0.%(*%&"$*&'1.#
?&b#+)*&H$*9%?+?X&b?4(*<?&*&;*.%X&F/#&4.1D1(*"%&?&)*0*&)*0%D#FX&0%5#&4%'"%51&5%+&*
L#(#'

&H#0%&51X&5%+&/#&H)$"0%)#&)$1D1(#X&4%P1%&')%5&?'4%(&%)#5&/(#D1(*"*&).#'"1.*(
9%'#('0*&H#L#&51&H)$"0%&)1$%)#"(%&4%P1%&L#&0?51&*&')%5&(%)*&0$#J1)'0*&(%)#<&T#&$1"0%D
4$*D1$0?X&0%5*&'1&L#(#'&(#.#/*&0%L&C&R&3%J#(*Q#&?&!#$#51)?X&)*L*&'1&H)$"0%&(#&4$1'"%.?&'
0$?(%D&?&51L(%5&*&'0*4"$%D&?&L$?C%5&$?<*&T#&L$?C%5&'"$#(*&51&.#"*('0*&(#/*)&F &l
&
v
F

\#&H)$"0#&51&%L&(#$%P*"1&)$1L(%'"*&9*.%&"%X&+"%&51&(#&'1)1$%/#4#L(%5&C$#(*<*&')%51&L$S#)1
'"#9*.*/%)#%&%L(%'1&M%'4%L#$*&C$#(*P(*V&S?4#&(#&"%5&'"$#(*&(*'?&$#(*51&9*.*&?)10
4%?/L#(*&_.#(%)*&4%$%L*<1&!"14#(%)*Q#X&L%<(*51&4%/(#"*V&4%L&*D1(%D&:$)#"*(*Q#X&*/
-%8*V&B$#51)#X&0%.19#.*&'?&'1&)*+1&4?"#&?&)1$(%'"*&B(1/&:$)#"*(&4$*+#%&51&4%P1"0%D&^Ia
)10#&e?9*Q*D#&B#L&51&L#%&K?0%'.#)?&:$)#"*(*Q?X&51L*(%D&%L&81C%)#&9$#"'")#X&S?41
;#(*<?&*&K$9#8?&9#(&!"14#(&II&51&*/$1P(%&4%D*8#%X&L#&F¨(&&S?4&9*'"#&(1)$¯(X&'"#'"#
(#4$%"*)?&(#D¯&4%L%C¯&V$¯/å"¯F &!$1L*(%D&*'"%C&)10#X&4%"%D<*&"1&*'"1&4%$%L*<1X&M$C?$
3#).%)*Q *&4%'.1&K.#"0%&K?0%'.#)*QX&*/(1)1$#)#5?&D.#L%C&H)$"0#&*&4$*.#/1&=#>#$*D#
O1L*(%&'1&L$S#%&%L#(%&?/&')%C&C%'4%L#$#&K?0#<&:$)#"*(*QX&0%C#&/#"%&H)$"0%&(#C$#>?51&*
4$#)*&4$)*D&D#.*D&L*(#'"%D&?&;%'(*&'#&4$%'"$#(%D&%9.#+Q?&%L&K$9#81&*&3.*)1&L%&!#(1
K?0P1)&'*(&:$)%51&9*%&51&*&%'"#%&51L#(&%L&C.#)(*V&'"?9%)#&H)$"0%)1&4%.*"*01&(#&/#4#L?
;%'(1&*&4%?/L#(&P?)#$&L$S#)(1&C$#(*<1
b1"%&A@7&C%L*(1&L%(1.%&51&9*"(?&*/D1(?&4%.*"*P0%C&4%.%S#5#&=.1P#(*&'?& &5?(#&A@7
(#C(#.*&?&B5%>*&>1(%)1+0?&N.%"?&L#&*D&'1&4$1L#&H%D&4%91L%D&%(*&'?&4%(%)%&4%'"#.*
C%'4%L#$*&O#L$#('0%C&=%$#&*&4%P1.*&'?&%41"&')%51&(#4#L#51&(#&V$)#"'0%&*&L#.D#"*('0%
4$*D%$51&\#&)$1D1&"%C&L$?C%C&L1.#&$#"#&B%"%$&4%(%)%&L%.#/*&?&8*V%)1&$?01
B$#J&H)$"0%&%)%C#&4?"#&/(#"(%&4%D#S1&=.1P#(1X&L#&'1&%L$S1&?&C$#L?&B#'"1.#(&0%"%$'0*
4%D*81&F&& &
  FX&0%5?&51&L%9*5#%&%L&H)$"0#&*&?&J?L'0%D
D#"1$*#.?&*&?&V$#(*&*&?&L$?C*D&'")#$*D#&"#0%X&L#&51&'#D%&"%D&4%D%Q?&D%C#%&L#&'1&%L$S*
=.1"#P0#&Y14?9.*0#&$1+*.#&51&/#&"%&&#4$*.#&A@X&L#&'1&"%4.%&/#V)#.*&0$#J?&(#&"%5
4#S8* &R.*&=.1P#(*&(*'?&%L$S#.*&C$#L&`(*&'?&C#&H?$*('0*D&=*$%D&E?&#)C?'"?&A@G
D%$#.*&)$#"*"*&=#>#$*D#
-#&-?9$%)#P0#&Y14?9.*0#&(1Q1&(#&"#0)%&L$S#81&H)$"0%)%&4$1D#&B%"%$?&%'"#"*&D*$(#X&9*.%
51&L%'"#&)1$%)#"(%X&*#0%&4%&8?&4$*.*P(%&%4#'(%&`(#&51&&D#5#&A@&9*.#&/#9$#(*.#&*/)%/
'%.*&/#&;%'(?&*&!$9*5?X&#&')#0%D&-?9$%)P#(*(?&*.*&F0%&'1&/%)1&-?9$%)P#(*(%DF&/#9$#81(%
51&')#0%&L$?S181&'#&9%'#('0*D&J?L*D#&!)*&L?9$%)#P0*&"$C%)<*&(#&;%'(1X&\1"1X&T%)%C&;$L#X
3$#P1&*&F!.#)%(*51FX&D%$#.*&'?&?&)$.%&0$#"0%D&$%0?&(#4?'"*"*&"#&D1'"#&*&L%Q*&?&-?9$%)(*0i
?&4$%"*)(%D&'.?P#5?&P10#.#&*V&51&4%51L*(#P(#&0#/(#&%L&77&41$41$# &U/&-?9$%)(*0#&(*0%
(*51&'D1%&*/#Q*&91/&L%/)%.1&0(1/#&*&)%5(*V&).#'"*&*&91/&4%'19(1&0%("$%.1 &`)1&%+"$1
D1$1&9*.1&'?&'&8*V%)1&'"$#(1&4$#)L#(1&*&0?C%DX&0%5#&'1&"1&C%L*(1&5#)*.#&(#&;#.0#(?&*
91'(1.#&*&?&;%'(*X&*&(*51&(1)1$%)#"(%X&L#&51&*/)1'"#(&L1%&"*V&D1$#&*D#%&L%*'"#&*&'#(*"#$(*
0#$#0"1$ 
U(#P1X&%&H)$"0%)%D&L$S#8?&/#&%)%&)$1D1&(1D#&D(%C%&4%L#"#0#&B$#51D&'14"1D9$#&%(&'1
(#.#/*%&?&L$#P1)*P0%5&S?4*&-?9$%)P#(*&'?&D?& &%0"%9$#&?4?"*.*&"#D%&')%51&4%'.#('")%X
4%+"%&'?&)1Q&$#(*51X&?&#)C?'"?X&9*.*&4%P1.*&4$1C%)%$*&'&8*Di&#&@&%0"%9$#&'4$1D*.*&'?
51L(?&')%5?&.#>?&/#&0$#J#&?&3$*D%$5?&*&'"#)*.*&51&F(#&4%"4?(%&$#'4%.%S181F&81C%)%
H)$"0%&'1&/#&"%&)$1D1&9*%&$1+*%&L#&4%L*C(1&51L(?&')%5?&)1.*0?&.?0?&(#&D%$?X&L%9$%
/#+"*Q1(?&*&4%"4?(%&'.%9%L(?&:"1%&51&L#&'1&%'.%9%L*&L?9$%)#P0%C&4%'$1L(*+")#&*&?&?)%/?
*&?&*/)%/?X&0%51&51X&0#0%&'?&4%0#/*)#.*&4%'.1L8*&L%C#>#5*X&D%C.%&9*"*&*&(14$*5#"(%&*&?
L%9$%5&D1$*&+"1"(%&[&(#5D#8?&$?0?&'4?"#)#.%&51&81C%)&/#D#V&*&4?(?&'.%9%L?&%L.?0#&B#0%
51&B%"%$&?&%)#5&D#V&*/C.1L#%&*/C?9J1(&%(&'1&$1+*%&/#&(%)%&D1'"%&U/#9$#%&C#&51&?&;%0*X&?
L$#P1)*P0%5&S?4*X&CL1&51&9*.%&'0.%81(%X&+"*Q1(%&51L(*D&0#(#.%D&0%5*&'1&L#%&.#0%&9$#(*"*X


 

 6
#.*&*4#0&.1S#.%&4$1D#&%")%$1(%D&D%$?&H%&51&L#(#+8*&:1$<1C&T%)*X&'#&D#.%&"1+0*D
0%4(1(*D&4$*'"?4%DX&#.*&'#&)$.%&4%C%L(*D&4%.%S#51D&*&4$*5#"(%D&0.*D%D&]1C%)1&%+"$1
V$*L*(1X&(#&0%5*D#&'?&4%L*C(?"*&91L1D*X&*/C.1L#5?&'#D1&%L&'191&0#%&0#0#)&"1+0%&%')%5*)*
C$#L&`LD#V&4%&H)$"0%)?&L%.#'0?&4%P1"%&51&'#&/*L#81D&C$#L#&[&*'"%&)$1D1X&*&*/&*'"*VX
"$C%)#P0*V&*&4%.*"*P0*VX&$#/.%C#X&H)$"0%&51&4%P1%&L#&4%L*S1&*&L$?C*&C$#LX&;$+"#(*0&0%L
3%P*"1J#&`9#&4?"#&*/&;%'(1&(#&D%$1X&*&%(#5&L%.*(%D&T1$1")1&*&%)#5&?&;%0?X&*D#.#&'?&L#&(#
')%5*D&0$#58*D&"#P0#D#&L%9*5?&C$#L%)1&*&0#%&'$1L'")#&/#&%L9$#(?&*&0#%&9#/1&/#&(%)1
"$C%)#P01&1D4%$*51&[&;$+"#(*0?X&/#)$+1(%D&A@A&C%LX&0$#J&51&(#4$#)*%&*&')%51
9$%L%C$#L*.*+"1 
-?9$%)P#(*&'?&%LD#V&%'1"*.*&0#0)#&%4#'(#&"#0D#<#&L%9*5#5?&?&(%)%D&C$#L?X&?&0%5*&D%S1
9*"*&'0$1(?"&(#5)1Q*&L1%&*/)%/#&*&*/&;%'(1&*&*/&Y#+01&!&4%P1"0#&%(*&'?&(#&0$#J1)1&%L.?01
%LC%)%$*.*&/#9$#(#D#&"$C%)#P0%C&4$%D1"#X&0%51&'?&9*.1&)$.%&%+"$1&*&0%51&'?&?&L)#"$*&D#V#
4%(#)J#(1&"%0%D&4$)1&4%.%)*(1&A@&C%L&!1D&"%C#X&"?S*.*&'?&H)$"0#&*&D#>#$'0%D&0$#J?
T#$%P*"%&'?&*'"*<#.*&0$#J1)%&4%L*/#81&(%)*V&C$#L%)#X&V%"1Q*&L#&"*D&*/#/%)?&4%L%/$181
=#>#$#&4$%"*)&81C#
H)$"0%&51X&/#&"%&)$1D1X&4%0?+#%&L#&(#>1&?4%$*+"#&0%L&=.1"#P01&Y14?9.*01&B#L&51&&#4$*.#
A@&9*.%&$1+1(%&?&D.1"#P0%D&'1(#"?&L#&'1&4*+1&*&/#V)#.*&0$#J?&(#&81C%)%5&4%D%Q*
B%"%$?X&H)$"0?&'1&?P*(*.%X&L#&51&L%+#%&4%C%L#(&P#'X&L#&*&%(&4%"$#S*&*/)1'(1&?'.?C1&%L&8*V
=%SL#&51&D*'.*%X&L#&51&"#&D.1"#P0#&/#V)#.#&*&'"*C.#&0#%&4%)%LX&'D*+J1(&'&8*V%)1&'"$#(1X&L#
'1&4%P(?&(101&)*+1&4$*5#"1J'01&)1/1&*/D1>?&8*V&`(&'&"%C#&?4?"*&%LD#V&?&=.1"01&51L(%
')%51&4%'.#('")%X&0%51&51&"$#S*.%&"#D%&L)1&(#%$?S#(1&.#>1X&0%51&9*&'1&%4$1D*.1&%&0$#J1)?
"$%+0?&*&9*.1&81D?&(#&$#'4%.%S18?&`P1)*L(%&51X&L#&'1&H)$"0%&*.*&4$*9%5#)#%&0#0)1
4#0%'"*&%L&L?9$%)#P01&N.%"1&*.*&8*V%)*V&J?L*&*.*&V"1%&L#&/#&')#0*&'.?P#5&9?L1&'4$1D#(
=.1"#P0#&Y14?9.*0#X&0%5#&51&"10&4$1&0%5*&D1'1<&/#)$+*.#&')%51&L?C%&$#"%)#81X&(*51&V"1.#&L#
?.#/*&?&51L#(&4%'#%X&0%5*&9*&51&D%C#%&D%SL#&4%(%)%&L%)1'"*&?&'?0%9&'&=#>#$*D#&*.*&5%5
(#4$#)*"*&0#0)1&(14$*5#"(%'"*&!&"%C#&51&J?9#/(%&%L9*.#&H)$"0%)?&D%.9?&*/)*8#)#5?Q*&'1X
L#&8%5&'#D%5&.#>1&"$19#5?&$#L*&/#4.1"#&?&fC15'0%D&D%$? 
[4%$(%'"&-?9$%)P#(#&(*51&D%C.#&L?C%&"$#5#"*&=#&0%.*0%&L#&*D&51&9*.%&*&%4#'(%&*&(1/C%L(%
4%L*/#81&(%)%C&H)$"0%)#&C$#L#X&%(*&*4#0&(*0#L&(1&9*&'D1.*&4%D*'.*"*X&L#&'#D*X&'*.%DX
'4$1P#)#5?&H)$"0#&?&4%'.?&`(*&'?&)$.%&L%9$%&/(#.*X&L#&'?&'?)*+1&'.#9*&/#&%/9*J#(&'?0%9&*
'#&51L(*D&0$#J1)*D&)%5)%L%DX&#&0#D%&.*&'#&0$#J1D&'#D*D&U4#0X&"%0%D&A@&C%L&%(*&'?
?4%"$19J#)#.*&')#0?&4$*.*0?X&L#X&CL1C%L&D%C?X&91/&)1Q1&%4#'(%'"*X&(#4$#)1&(10?&'D1"8?&*.*
%+"1"1&(10*&4%'#%&%0%&4%L*/#8#&(%)%C&C$#L#&B#L&'?&P?.*X&L#&H)$"0%X&D*D%&8*VX&(#9#)J#&/#
')%5&(%)*&C$#L&*&*(#P1&'%&*/&'1)1$(1&-#.D#<*51X&%(*&'?&6&'14"1D9$#&$1+*.*X&L#&"%&L%9$%
*/)*L1&*&#0%&D%C(?&%D1"?&*.*&4%0)#$1&[&"*D&#0<*5#D#&(*'?&P#0&/#/*$#.*&(*&%L&*/)1'(%C
(#'*J#&UD#&51L(#&8*V%)#&%L.?0#&%L&,&%0"%9$#X&L#&'1&/#L$S1&L)1&/#L#$'01&.#>1X&0%51&'?
(%'*.1&'%&/#&T%)* &[&*'"%&)$1D1&%(*&'?&/#D%.*.*&D#>#$'0?&0$#J*<?X&L#&/#9$#(*&*/
:$)#"'01&*&-#.D#<*51&*/)%/&)*(#&*&'%.*&?&T%)*
&-#&Q1&%)#0)*&8*V%)*&0%$#<*&L%)1'"*
D%SL#&L%&(14$*.*0#&'.?"*.%&'1&*&0%L&8*V&/#&"%&9#$&C%)%$1&%)#0)1&%L.?01&&%0"%9$#
/#0J?P*.%&'1&4*'#"*&L?9$%)#P0*D&"$C%)<*D#&?&-$*51)%X&L#&')#0#0%&4%S?$1&')*X&D?+0*&*
S1('0*X&'#&')*D&L%9$%D&*&'")#$*D#X&L#&+"%&4$1&*/*>?&*/&"%C&D1'"#&*&L%>?&?&!"%(&*.*
-?9$%)(*0&F/9%C&(10*V&(%)%"#$*5#&0%51&4$1L%'1Q#D%F&-1'1"&L#(#&4%'.1&"%C#FX&A&%0"%9$#X
4%'.#"%&51&?&!"%(&D(%C%&$#"(%C&D#"1$*5#.#X&(#$%P*"%&9#.*'"#X&9%D9#$L#&*&4$#V# 
-?9$%)#P0#&D?0#&9*.#&51&%P*"%&?&"%DX&+"%&(*'?&'D1.*&L#&(14%'$1L(%&*/#/%)?&%/9*J#(&(#4#L
*.*&L#&'#D*&(#4#L(?X&#&(*'?&%41"&D%C.*&D*$(%&L#&C.1L#5?X&0#0%&'1&(#&8*V%)1&%P*&L*S1&51L#(
(1'?D8*)&*&%4#'#(&"#0D#<
H)$"0%&51&0$#51D&51'1(*&A@&'*+#%&?&3$*D%$51&S1.1Q*&L#&)*L*&*&')1P#(%&L#$?51&')%5&C$#L
`(&(*51&9*%&%L&J?L*X&0%5*&9*&.#0%&'0$1"#%&'#&')%51&.*(*51&Y#L*%&51&'&4.#(%D&*&L%'.1L(%&!)*
L?9$%)#P0*&4%0?+#5*&L#&%(&%L?'"#(1&%L&4%L*/#8#&C$#L#&%'"#.*&'?&'&"%C#&91/&S1J1(%C&?'41V#
[&9.#C#5'0%D&3%LC$#>?X&?&D%'"#$'0%D&;*+Q?X&*/L#%&51&H)$"0%&0$#J1)'0?&4%)1J?&')%D&(%)%D


 

 62
C$#L?&&L1<1D9$#&A@&M$#L?&51&L#%&*D1&!)&!"1N#(#X&/#+"*"(*0#&'$4'01&L$S#)1X&P*5%D&51
4%D%Q?X&)1.*X&L%9*%&0$#J1)'0?&0$?(?&'$4'01&C%'4%L1&T*51&?/1%&9%'#('0%C&!)&M$C?$#
%P1)*L(%&/#&"%X&+"%&51&/1DJ*+"1&(#&0%D&51&C$#L&4%L*C(?"&4$*4#L#.%&$#(*51&$#+0%5&L$S#)*&*
+"%&51X&?%4+"1X&L%9*5#81D&0$#J1)'01&"*"?.1&4$*V)#"*%&0?."&"%C&')1"*"1J#&[&C$#L?&T%)%D
!)&!"1N#(#&*D#.#&51&L#&9?L1&'.#(*<#&*&"$C&/#&4$%L#)#81&'%.*&\#&-?9$%)P#(1&"%&9*&9*%
'"$#+#(&4$*)$1L(*&?L#$#<&!%&51&9*.#&51L(#&%L&(#5$#/)*51(*5*V&*&(#5?(%'(*5*V&8*V%)*V
*/)%/(*V&'"#)0*&/#&'"%P#$'01&/1DJ1&;%'(1&*&!$9*51&3$1L&*/C.1L*D#&L#&/#&"1&L$S#)1&*/C?91
')%5#&C.#)(#&"$S*+"#&'%.*&8*V%)&51&%"4%$&4%"4?(%&0.%(?%&T#&)1.*01&8*V%)1&D%.91&H)$"0%
51X&(#54%'.1X&4%4?'"*%&?&"%.*0%X&L#&%9?'"#)*&"$C&'%.*&?&T%)%D&L%".1X&L%0&%(*&9?L?&4$1D#
81D?&)1$(*&*&*'4$#)(*
&T#&"#5&(#P*(&L%9*%&51X&L%*'"#X&D%Q(%&'$1L'")%&L#&L$S*
-?9$%)P#(1&?&+0$*4<?

B#L&51&?D$%&D#>#$'0*&0$#J&b#5%+&K1.*0*X&&'14"1D9$#&A@X&(#'"#%&51&)#S#(&%9$"&(1&'#D%
?&9%'#('0%5&4%.*"*<*X&(1C%&?&')*D#&5?S(%'.%)1('0*D&/1DJ#D#&B$#J&(*51&*D#%&D?+0*V
4%"%D#0#X&(1C%&'?&C#&(#'.1L*.1&S1(1&?L%)*<#&D?&O1.*'#)1"#X&H)$"0%)#&$%L*<#X&*&'"#$*5#&D?
0Q*&=#$*5#&]*V%)#&).#'"X&/(#.%&'1&?(#4$1LX&(1Q1&4$%Q*&91/&4%"$1'#i&S1('01&).#L#)*(1&?
!$1L81D&K10?&9*.1&'?&$1"0%&'$1Q(1&$?01&3%J'0#&'1&9$/%&%L)%5*.#&%L&/#51L(*<1&'#
=#>#$'0%DX&#&9$#0&*/D1>?&=#$*51&*&81(%C&)1$1(*0#&!*C*'D?(L#&b?0'1D9?$+0%CX&'*(#
P1+0%C&0$#J#X&*/C.1L#.%&51&51L(%&)$1D1&L#&'1&(1Q1&%'")#$*"*&[&D#>#$'0%D&*&V$)#"'0%D
4.1D'")?&%'1"*.%&'1&(#'0%$%&)1.*0%&(1/#L%)%J'")%&'&(%)%D&?4$#)%Di&(#$%P*"%&51&9*.#
%+"$#&%4%/*<*5#&4$%"*)&C.#)(%C&0$#J*P*(%C&L%C.#)(*0#X&4#.#"*(#&T*0%.1&M#$1M%$5#('0%C
B$#J&H)$"0%&51&4%/(#)#%&"%&'"#81&?&=#>#$'0%5&*&V"1%&51&L#&'1&0%$*'"*&8*D&K1Q&%0%&7
'14"1D9$#&@&"$#S*%&51&L#.D#"*('0*&9#(&%L&"$%C*$'01&%4+"*(1&%'#D&9#.*'"#$#&/#&FP?)#81
C$#L%)#&0%5*&C$#(*P1&'&;%'(%DFX
&9%51Q*&'1&%P1)*L(%&0#0)1&#0<*51&'&"1&'"$#(1&`4+"*(#&51
"#5&/#V"1)&%L9*.#&H)$"0%&51&L%*'"#&)1Q&"1&/*D1&4%P1%&(10#&4$1C%)#$#8#&\(#D%&L#&'?&81C%)*
4%)1$1(*<*&"$#S*.*&?&-?9$%)(*0?&(101&?'.?C1X&(#&0%51&%4$1/(*&C$#>#(*&(*'?&D%C.*&L#
4$*'"#(?&h?"&/9%C&"%C&%L9*5#8#&0$#J&51&(1&'#D%&(#$1L*%&L#&'1&?&T%)%D&%")%$*&"$C%)*(#&'#
'%J?X&(1C%&51&*&/#9$#(*%&81(%&0?4%)#81&?&-?9$%)(*0?&Y#L*.%&'1X&(1D#&'?D81X&%&(10%D
4*"#8?&?&)1/*&'&D#>#$'0%D&0$?(%D&\9%C&(10%C&'*"(*51C&4*"#8#&-?9$%)P#(*&'1&'*C?$(%&(1&9*
?'"$?P#)#.*X&(*"*&*/#/*)#.*&0$#J1)&C81)&!1D&"%C#X&/(#D%&L#&'?&*&%(*&A@A&C%L
?P1'")%)#.*&?&4$1C%)%$*D#&L#.D#"*('0*V&C$#L%)#X&L#&'1&'")%$*&51L(#&8*V%)#&.*C#X&0%5#&9*X&?
"*D&%4#'(*D&)$1D1(*D#X&*D#.#&L#&$1#C?51&(#&')1&4%0$1"1&4$%"*)&8*V&?&)1/*&'&4$%D1(%D&(#
D#>#$'0%D&4$1'"%.?X&R.*X&%4$1/(*&0#%&*&?)10X&%(*&'?&'1&%9$#"*.*&*&D#>#$'0%D&L)%$?X&L#&*D
"#5&%L%9$*&'"#$1&4%).#'"*<1&*&)1/1&'&;%'(%D&*&Y#+0%D&B$#J*<#&=#$*5#&%L%9$*.#&*D&51&"%
6&#4$*.#&A@AX&(#$#)(%&'&%C$#(*P181D&L#&4$1C%)%$*&*&?C%)%$*&(1&'D15?&*D#"*&(*+"#
?41$1(%&4$%"*)&D#>#$'01&0$?(1

B#L&(*51&?'41%&?&-?9$%)(*0?&H)$"0%&'1&4%(%)%&%9$#"*%&=.1<*D#&3%'.1&b#5%+1)1&'D$"*
=.1P#(*&'?&%'1"*.*&%.#0+#81&*&(#L#.*&'?&'1&')#0#0%&(10*D&0%$*'"*D#&/#&'191&!&H)$"0%D
'?&4%'"#.*&%'1"(%&J?9#/(*5*&K1Q&@&D#$"#&A@A&%(*&L%/)%.*+1&')%D&C$#>#(*(?&T*0%.*
;#'15?X&(#&0%C#&'1&0$#J&9*%&(14%'$1L(%&%9$#"*%X&L#&'1&4$*D*&/#&9%'#('0%C&#LD*$#.#X&#&6
D#$"#&%L%9$*.*&'?&L#&'1&0$#J?&4$%L#&51L(#&4%"4?(%&%4$1DJ1(#&.#>#&3%.#S?Q*&D(%C%&(#&"%X
L#&?&%)*D&4$*.*0#D#&*D#5?&H)$"0#&(#&')%5%5&'"$#(*X&=.1P#(*&'?&C#&A7&5?.#&"1&C%L*(1X&(#
81C%)?&S1J?X&4%P#'"*.*X&/#51L(%&'&81C%)*D&'*(%)*D#&*&(#'.1L(*<*D#X&4%(%)%&')%5*D
C$#>#('0*D&4$#)*D#&[&51'1(&*'"1&C%L*(1&L%/)%J1(%&51&9*.%&0$#J?X&L#&%&')%D&"$%+0?
(#4$#)*&?&=.1<*D#&L)1&(%)1&.#>1

!")#$#81&9%'#('01&N.%"1X&4$)1&*&51L*(1&0%5?&51&*D#.#&"#&L$S#)#X&*&%)1&)1/1&H)$"0%)1&'#
=.1P#(*D#&9*.1&'?&'*.(%&?4.#+*.1&-?9$%)P#(1&K1$%)#.*&'?&L#&'1&0$#J&'4$1D#&4$%"*)
8*VX&#&(#$%P*"%&0#L&'?&P?.*&L#&'1&?&:?D?&0?4*&9%'#('0#&)%5'0#X&'14"1D9$#&A@A&=1>?"*DX
H)$"0%&(*51&D*'.*%&L#&?L#$#&(#&8*Vi&%(&51&)%5'0?&0?4*%&*/&L$?C*V&$#/.%C#&H%&*D&51&*&5#)*%
-#&*V&?D*$*X&#&*&+"%&D?&51&"%&"$19#.%X&%(&51&"$#S*%&%L&8*V&L#&D?&L#L?&(#L/%$(*01&*&P?)#$1
/#&81C%)1&C$#L%)1X&4%D*+J#5?Q*&4%&')%5&4$*.*<*&(#&.*<#&)*P(#&")$>#)(%5&"1V(*<*&;%51Q*&'1


 

 6,
L#&"*D&(1&*/#/%)?&=#>#$1X&51$&51&%4$1D#81&9%'#('0*V&")$>#)#&C%)%$*.%&%&D%C?Q(%'"*&'?0%9#
'&8*D#X&-?9$%)P#(*&'?&%L9*.*&L#&L#5?&"#&.*<#X&#.*&'?&*/5#)*.*&L#&Q1&$#L%&L#"*&J?L1&/#
0$#J1)?&.*P(?&'.?S9?
H)$"0%)1&)1/1&'&=.1P#(*D#&*&'")#$#81&N.%"1&91V?&/#9$*(?.*&*&D#>#$'0*&L)%$&`(&51&*D#%
)1Q&L%'"#&(14$*.*0#&?&'#D%5&[C#$'0%5&*&(1&9*&D?&9*.%&(*D#.%&4$*5#"(%&L#&%(1&*'0$'(?&*&?
;%'(*&!&"%C#&'?&4%'.#(*<*&0$#J*<1&=#$*51&4$19#<*)#.*&=.1"#P0%5&Y14?9.*<*&+"%&4%D#S1
%$?S#81&H)$"0%)%&*&%4$1D#&D?&N.%"?&-#&.*&4%L&?"*'0%D&"1&"?S91&*.*&/9%C&(10*V&.*P(*V
(1'?C.#'*<#&;#'15%&51&(#4?'"*%&9%'#('0?&'.?S9?&0$#51D&A@ &C%LX&*&9*%&51&(1/#L%)%J#(
H)$"0%)*D&L$S#81D

=*&L#(#'&(1&/(#D%&"#P(%X&L#&.*&51&*&0%.*0%&51&H)$"0%&?&4$)%&)$1D1&4%'.1&b#5%+1)1&'D$"*
?"*<#%&(#&"%X&L#&'1&?&'?'1L(*D&%9.#'"*D#X&#&4%'19(%&?&:$)#"'0%5&*&-#.D#<*5*X&'")%$*
(1/#L%)%J'")%&*&%")%$1(#&4%9?(#&4$%"*)&(%)1&).#L1&?&;?L*D?&b#5%+&51&(10#L&*'0%$*'"*%
81C%)?&D.#L%'"&*&?/1%&D?&:?Di&(1&9*&9*.%&D(%C%&(1%9*P(%&L#&'#L&*&H)$"0%&%LC%)%$*&*'"%D
D1$%D&3%?/L#(%&51&'#D%&"%X&L#&'?&D#>#$'0*&J?L*&*&4$*'"#.*<1&0$#J*P*(1&%L&4$)%C&L#(#
/#/*$#.*&%L&81C#i&'.?P#5&L#.D#"*('0%C&9#(#&0#/?51&"%&L#&(1&D%S1&9*"*&5#'(*51&3%?/L#(%&51X
L#J1X&*&"%X&L#&51&%(&)$.%&9$/%&?+#%&?&)1/1&'&(1/#L%)%J(*<*D#&?&:$)#"'0%5&*&L#&'?&%(*X
$#P?(#5?Q*&'&81C%)%D&4%L$+0%DX&L%9*.*&)*+1&'*C?$(%'"*&?&')%D&'"#)?&H$#S181&D.1"#P0%C
C$#>#('")#&?&.1"%&A@A&0#/?51&L#J1X&L#&51&H)$"0%X&$1+1(&(#&')1&D%C?Q(%'"*X&4%D*+J#%&L#&/#
')#0*&'.?P#5&%91/91L*&'19*&'0.%(*+"1&[&=.1<*D#&'1&/(#.%X&L#&'1&%(&'4$1D#&3%?/L#(%&51X
(#54%'.1X&L#&H)$"0%&(*51&%LD#V&4%D#C#%&%$?S51D&*&)%5(*P0*&V$)#"'01&(1/#L%)%J(*01X&0#L&51
9*.%&L%+.%&L%&%")%$1(1&9%$91&U)#(&3#.*S(#X&4$*%$&)$#('0*X&51L#(&%L&C.#)(*V&)%>#
V$)#"'01&%4%/*<*51X&9*%&51&4%$#S1(&?&51'1(&A@A&9#+&/#"%X&+"%&51&9%$9?&)%L*%&'#D&3%'.1
')%C&(1?'41V#&%(&51X&)1$%)#"(%X&L%+#%&H)$"0?&[&A@ &C%L&)1Q&51&9*.%&5#'(%X&L#&'?&H)$"0%&*
81C%)*&J?L*&(#&'"$#(*&(1/#L%)%J(*0#&*&L#&*V&4%D#S?&K%5)%L#&K?0#<&51&"1&C%L*(1
4$*')%5*%&C$#L&M$191(X&(10#L#+81&L%9$%&K?0%'.#)*Q#X&0%51&51&9*.%&?'"?4J1(%&=#>#$*D#
!1D&"%C#X&H)$"0%)*&J?L*&'?&?/(1D*$#)#.*&*&!4.*"&3%'$1L(*P0?&?.%C?&*/D1>?&H)$"0#&*
V$)#"'0*V&)%>#&*D#%&51&)$.%&)1$%)#"(%&)%5)%L#&:$)%51&K?0P*QX&C%'4%L#$&%9.#'"*&0%51&'?
C$#(*P*.1&'&V$)#"'0*D&4%L$?P51D&*&?&0%D1&51&?C.1L&81C%)1&4%$%L*<1&D(%C%&/(#P*%
T#&D#>#$'0%D&L)%$?&L%+.%&'1&(#&D*'#%X&L#&'1&H)$"0%&*/)1'(*D&?'"?4<*D#&%L)%5*&%L
9?("%)(*0#&K1$%)#.%&'1X&L#&'1&%(*X&91/&81C%)1&4%L$+01X&(1Q1&D%Q*&L?C%&%4*$#"*&!#D
T*0%.#&M#$#X&(10#L#+8*&'#)1/(*0&H)$"0%)&4$%"*)&S?4#(#&T*0%.1&*&81C%)&0?DX&L%>1&?&;%'(?
L#&'1&(#C%L*&'&8*D&Y1/?."#"&4$1C%)%$#&9*%&51&"#5X&L#&'?&=#>#$*&?'"?4*.*&H)$"0?&B%"%$X&#&%(
8*D#&@&D#$"#&A@2&L#.1&4*'D1(%&%91Q#81&%&'#)1/?&*&4$*5#"1J'")?
&H#0%&51&H)$"0%
*'4?(*%&51L(?&')%5?&)1.*0?&S1J?X&(#&0%5%5&51&$#L*%&"%.*0%&C%L*(#&!1D&"%C#X&?&%)*D
4$1C%)%$*D#&%(&'1&(1&4%(#+#&)*+1&0#%&)#/#.&3%&(#+1D&D*+J18?X&%(&51&*'0%$*'"*%&%)%
'"#81&?&[C#$'0%5&4%'.1&b#5%+1)1&'D$"*&L#&'1&"10&"#L#&*'"#)*&0#%&'#D%'"#.#(&).#L#$&*&L#
*/)1L1&L%&0$#5#&')%5?&4%.*"*P0?&.*(*5?&o%$D#.(%X&D1>?"*DX&%(&(*51&(*0#L&4$10*(?%&%L(%'1
'#&?C#$'0%D&0$?(%D
-%9*5#81&B%"%$#&4%C%$+#.%&51&%L(%'1&*/D1>?&H)$"0#&*&;#.+*Q#X&0%5*&%L#)(%X&5%+&%L
?/*D#8#&H$19*8#X&(*'?&9*.*&L%9$*&;#.+*Q*&'?&D(%C%&4%.#C#.*&(#&"%X&L#&*D#5?&B%"%$&?
')%5%5&).#'"*X&0#%&(#59.*S?&*&(#5$#/)*51(*5?&.?0?&')%51&/1DJ1&!#LX&0#L&*D&51&"#&(#L#
4$%4#.#X&8*D#&(*51&%'"#5#.%&L$?C%&(1C%&L#&4%0?+#5?&$#"(?&'$1Q?&[&.1"%&A@2&*/9*%&51&$#"
*/D1>?&;%'(1&*&\1"1&3%51L*(%'"*&"%C&$#"%)#8#&(*'?&(#D&4%/(#"1&\(#D%&'#D%&L#&51&'#D
H)$"0%&/#D%.*%&D.1"#P0?&).#L?&L#&F& & 
 F&4%'$1L?51&*/D1>?&81C#&*&;#.+1
;#.+*Q#&H%&9*&D%C.%&C%)%$*"*X&L#&H)$"0%&?&"%D&4%V%L?&(*51&*D#%&'$1Q1&=.1<*&'?&'1&%LD#V
%L#/)#.*&"%D&4%/*)?&*&2&%0"%9$#&*/#9$#(*&'?&8*V%)*&4%'.#(*<*&0%5*&'?&*D#.*&*Q*
%9#L)%5*<*&(14$*5#"1J#
&R.*&/#&"%&)$1D1&9%$*%&'1&;#.+#&*&?&R.9#(*5*&4$%"*)&H?$#0#X
0%5*&'?&(1(#L#(%&4$%L$.*&?&"#5&0$#5&=%SL#&51&H)$"0%&/9%C&"%C&(#4#L#5#&"$#S*%&4%'$1L%)#81X
(1&V%"1Q*&L#&9#+&'#D&4%(?L*&D*$&*&"*D&'1&(#&(10*&(#P*(&4%(*/*&[&9%$9*&'&H?$<*D#&;#.+#
51&@&'14"1D9$#&4%C*(?%X&(1&L%P10#)+*&$1/?."#"&"1&*("1$)1(<*51&B$#51D&%0"%9$#&)$#"*%&'1


 

 66
0$#J&'&"%C&4%V%L#&?&;%'(?
H?$'0#&/#.#C#8#&(#'"#)*+1&'1&*&?&L$?C*D&4$#)<*D#&M%L&A@,&4#%&51&T*+&?&8*V%)1&$?01X&#
*/)1'(#&8*V%)#&%L1J18#&0$1"#V?&'"#$*D&4?"1D&4$10%&B%'%)#&*&(#&;%'(?&3$)*&?4#L&H?$#0#&?
;%'(?X&0%5*&'?&L%4$.*&')1&L%&L%.*(1&T1$1")1X&*/)1L1(&51&"1&*'"1&C%L*(1&[&'"$#V?&4$1L
H?$<*D#X&L?+D#(*(%D&5%+&(1)*>1(*DX&V?D'01&4%$%L*<1X&'#&')%D&'"%0%DX&(#C$(?+1&(#
L?9$%)#P0%&/1DJ*+"1X&?&")$L*&!"%(X&CL1&*V&Y14?9.*0#&4$*D*&*&$#/D1'"*&0$#51D&%0"%9$#
D1'1<#&T#4#'"&%L&H?$#0#&%)%C&4?"#&(*51&9*.#&)1.*0#X&51$&'?&L%+.*&4%L&0$#5&51'1(*&*&'#
(1)1.*0*D&9$%51Di&#.*&51&%)#&4$%)#.#&9*.#&%/9*J(#&%4%D1(#&/#&')1&'$4'01&L*(#'"1&"%C#
)$1D1(#
[&"%&*'"%&)$1D1&'"#81&?&=#>#$'0%5&4%P1&L#&L%9*5#&*/C.1L&4$#)%C&$#'?.#&T#4?+"1(*&)1$1(*0
0$#J*<1&=#$*51X&0$#J1)*Q&!*C*'D?(LX&0$1(?%&51&?&.1"%&A@2&'#&)%5'0%D&(#&=#>#$'0?
3$%"*)&0$#J*<1&V$)#"'0*&9?("%)(*<*X&/#C$19#P0*&9*'0?4&3#).1&:%$)#"X&81C%)&9$#"
D#P)#('0*&9#(&U)#(&*&8*V%)&?5#0&3#.*S(#X&'#&L$?C*D&(1/#L%)%J(*<*D#X&*'"#0%+1&0#%
4$%"*)0#(L*L#"#&(#4?J'0%C&4$*(<#&B#$.#&-$#P0%C&U'"1&C%L*(1X&&'14"1D9$#X&B#$.%&9*
L%)1L1(&*/&U"#.*51&?&!18&*&L%D#.%&'1&L%P14#&).#'"*&*&4$1'"%.#&?&;?L*D?&[&+0$*4<?X&L#
%L'"$#(*&9#$&51L(%C&4$%"*)(*0#X&0$#J*<#&=#$*5#&'1&)1(P#.#&'#&!*C*'D?(L%DX&#&4$*)*L(%&'1
*/D*$*.#&*&'#&B#$.%D&R.*&%)#5&(1&%'"#&L?C%&(#&).#'"*&[D$%&51&?&N19$?#$?&A@,&%L&$#(1
L%9*51(1&*/&/#'1L1&?&'#D%D&L)%$?X&0%5?&'?&D?&9*.1&4$*4$1D*.1&0$#J*<#&D#50#&*&=#$*5#
]1C%)#&'D$"&*/#/)#&'"$#V%)*"%&%C%$P181&*&4$#)?&9?(?&\#4#.*&'1&')#&:$)#"'0#&*&!.#)%(*5#
-#&*V&?D*$1&0$1(?+1&%91&0$#J*<1&?&"1&%9.#'"*X&*&"%&(#54$1&?&'1L*+"1&9%'#('0%C&9*'0?4#X&?
c#0%)%X&#&%L#".1&(#&M#$*(%&L%9$%&9.*/?&`'*510#&T#&"#5&4?"&%(1&'?X&(1%4$1/(%X&4%+.1&'&)$.%
D#.%D&4$#"8%D&!&"%C#&*D&'1&L%C%L*.%X&L#&'?&*V&9?("%)(*<*&2&5?.#&4$1'$1.*X&(#4#.*&*
/#$%9*.*X&#&M#$?&*&D?+0?&4$#"8?&4%?9*5#.*&B$#J*<1&'?&4%"%D&9*.1&L%)1L1(1&?&T%)*C$#L
0%L&\#L$#X&CL1&'?&9*.1&/#"%P1(1&H?&51&4%'.1&0$#J*<#&O1.*'#)1"#&9*.#&/#L#)J1(#X&(#&%P*C.1L
')%51&0Q1$01
[&"#0)%5&'*"?#<*5*&(*&H)$"0%&(*51&D%C#%&%'"#"*&4#'*)#(&!)1&C#&51&/)#.%&L#&'1&0%$*'"*&"*D
D1"1S*D#&U&L%*'"#X&4%P1"0%D&D#$"#&A@6&C%LX&0#L&'?&V$)#"'0*&9?("%)(*<*&'4$1D#.*&5?$*+
(#&\#C$19X&4$*L$?S*%&*D&'1X&')#0#0%&'&0$#J1)*D&/(#81DX&81C%)&)%5)%L#&:$)%51&K?0P*Q&'
9$#"%D&K?0<1D&['41V&51&9*%&4%'"*C(?"&\#C$19&51&4#%&?&8*V%)1&$?01X&#&L%D#.%&*&')#&%'"#.#
:$)#"'0#&*&!.#)%(*5#&3%0$1"&51&/#V)#"*%&*&=#P)?X&CL1&C#&51&4$*V)#"*%&*&4%D#C#%&'$4'0*
0(1/&b#/#$&B#%&?&%L(%'?&4$1D#&S?4#(?&T*0%.*X&"#0%&'?&'1&*&'#L&%9#&(#+#&).#L#$#&(#+.#&(#
*'"%5&4%.*"*P0%5&.*(*5*&3$%"*)&8*V&?4%"$19*.#&51&!*C*'D?(L%)#&'"$#(0#&')#&'$1L'")#
3%D#C#.*&'?&51&L%(10.1&*&=.1P#(*X&0%5*D#&(*51&9*.%&?&*("1$1'?&L#&'1&(#&*'"%P(%5&%9#.*
O#L$#('0%C&=%$#&4%(%)%&?P)$'"*&D%Q&(#4?J'01&L*(#'"*51
;#(&U)#(*+&:%$)#"X&'&4%D%Q?&9%'#('01&0%8*<1&*&41+#L*51X&9*%&51&?/1%&91J*('0*&0$#5X&#.*&C#
51&%L#".1&4$%"1$#%&T*0%.#&M%$5#('0*&=.#>*
&H#5&T*0%.#&M%$5#('0*X&'*(&'"#$%C&T*0%.1X
(%)*&D#P)#('0*&9#(X&*&!"1)#(&B%$%>X&9*)+*&D#P)#('0*&9#(X&4$1L?/1+1&1(1$C*P(?
0%("$#%N#(/*)?&[&8%5&'?&9$/%&4%'"*C.*&)*L(1&?'41V1&U)#(&:%$)#"&9*&P#0&/#$%9J1(&?
3%S1/*X&#.*&'1&L%'0%$#&'4#'1&*&4$191S1&(#&H)$"0%)&L)%$
H)$"0?X&0%5*&'1&4%"4?(%&'%.*L#$*'#%&'#&9?("%)(*<*D#X&(*51&'#L&)*+1&%'"#5#.%&L$?C%&(1C%&L#
*&'#D&?>1&?&9%$9?&R.*&4$1&(1C%&'1&$1+*&0%(#P(%&(#&"#5&0%$#0X&%(&51&V"1%&L#&'1&%'*C?$#&[
4$%.1Q1X&&#4$*.#&A@6X&'0.%4*%&51&'#)1/&'#&-?9$%)P#(*D#X&0%5*&51&'#L$S#)#%&0$#J1)?
%9#)1/?&L#&9$#(*&-?9$%)(*0&4$%"*)&')#0%C&(14$*5#"1J#X&*&L?9$%)#P0?&%9#)1/?&L#&Q1&L#"*
'0.%(*+"1&H)$"0?&?&')%D&C$#L?&*&'.%9%L#(&*/.#/&*/&C$#L#&0?L&C%L&?/V"1L(1X&#0%&9*&0$#J
F')%*¨D¯&C.#)¨D¯&*&')%*D¯&9.#C¨D¯&*D#(*1D¯&*&+&(1C%)D*&).#'"1.¯D*&*&'¯&.ÛL¯D*&*&+
(*V¯&*D#(*1D¯&V¨"ë.¯&L%Q*&?&C$#L¯&-?9$%)(*0¯F&Y14?9.*0#&51&4$*D*.#&*&%9#)1/?&L#&9$#(*
0$#J#&4$%"*)&')#0%C&(14$*5#"1J#&'1D&4$%"*)&0$#J*<1&=#$*51X&0%5#&51&9*.#&81/*(&'?)1$1(&[
'.?P#5?&L#&0$#J*<#&=#$*5#&4%P(1&C%(*"*&H)$"0#&Y14?9.*0#&51&%91Q#.#X&L#&Q1&%&"%D
%9#)1'"*"*&H)$"0#&*&L#"*&D?&$%0&L#&'1&D%S1&'0.%(*"*&*&%"*Q*&0?L&V"1L(1&U(#P1X&Y14?9.*0#
51&*/5#)J*)#.#&L#&Q1&L$S#"*&0$#J#&"#0%&FL#&(*1L(%C#&*(%C#&4$*5#"1.5#&(1&*D#Û"¯&)1Q1C#&*


 

 6@
'$¯L¯P#(*1C#&¨L¯&(*1C#F


B#%&(%)*&0#(L*L#"&(#&D#>#$'0*&0$#J1)'0*&4$1'"%&4$%"*)&!*C*'D?(L#&*&=#$*51&9*&*'"#0(?"
b#L*'.#)&T#4?J'0*X&'*(&?9*51(%C&0$#J#&B#$.#&H%C&(%)%C&0#(L*L#"#X&0%5*&Q1&4$10%&L)#L1'1"
C%L*(#&L#)#"*&4%)%L#&"1+0*D&D1"1S*D#&?&(#+*D&/1DJ#D#X&4%D#C#%&51&*&0$#J&H)$"0%
3%D#S?Q*&81C%)?&0#(L*L#<*5?&%(&51&4$#)(%&*&N%$D#.(%&%L$S#)#%&)1/1&'#&D#>#$'0%D&0$?(%DX
#&'")#$(%&51&5#P#%&')%5&4%.%S#5&`(&51&b#L*'.#)#&)1$%)#"(%&4%D#C#%&L%9$*D&L1.%D&'&"%C#&+"%
51&9*%&L#.10%&*&+"%&51X&0#L&L%>1&*&#0%&L%>1&(#&4$1'"%X&*D#%&9*"*&*&81D?&/#V)#.#(&/#&L%9*51(?
0$?(?&B#L&51&?&L$?C%5&4%.%)*(*&N19$?#$#&A@6&0$1(?.#&51L(#&L14?"#<*5#&V$)#"'01&%4%/*<*51
?&T#4?J&4%&b#L*'.#)#&H)$"0%&51&')#0#0%&9*%&'#C.#'#(&'#&"*D&0%$#0%D&B$#J*<#&=#$*5#
(#.#/*.#&'1&?&$%4'")?&')1&L%& &5?(#&A@6&*&"%&51&'*C?$(%&L%'"#&L%4$*(1.%&L#&51&81(&?C.1L
%'1"(%&%4#%
B#%&+"%&51&H)$"0%&'$4'0?&0$?(?&"$#S*%&0#%&?(?0&51L(1&(1D#8*Q01&4$*(<1/1X&"#0%&51&'#L
"$#S*%&*&?&-#.D#<*5*&L#&4$%+*$*&')%5?&).#'"&0#%&?(?0&51L(1&+?9*Q01&%L*)1&!&"%C#&51&?
'")#$*&*&4$*V)#"*%&*&4%D#C#%&V$)#"'0?&%4%/*<*5?&-#.D#"*('0*&C$#L%)*X&'#&$%D#('0*D
'"#(%)(*+")%D&?&)1Q*(*&*.*&'#&81C%)*D&4$1'?L(*D&?"*<#51DX&9*.*&'?&.1C*"*D*'"*P0*
$#'4%.%S1(*&*&V"1.*&'?&L#&%'"#(?&)1$(*&0$#J*<*&=#$*5*&[&"%D1&*V&51&'*'"1D#"'0*
4%L$S#)#.#&*&=.1"#P0#&Y14?9.*0#&H)$"0%&51&0%L&8*V&(#*.#/*%&(#&)$.%&?/L$S#(&4$*51DX
*#0%&*D&51&81C%)#&'(#C#&/#L#)#.#&D(%C%&9$*C1&R.*&51&(1+"%&%L/*)#&(#+#%&*4#0&)1Q&A@6&C%L
3$)*&C$#L&0%5*&51&4$*/(#%&81C%)?&).#'"&9*%&51&B.*'X&'"#$%&%C8*+"1&e?9*Q1)1&4%$%L*<1&H#5
C$#L&51&?4?"*%&?&!?"51'0?&')%51&4%'.#('")%&%L&"$*&.*<#X&0%51&51&*D#.%&L#&*/5#)*&4$1L#5?&C$#L#
4%L&?'.%)%DX&L#&*D&H)$"0%&4$*/(#&')1&'"#$1&4%).#'"*<1&H)$"0%&51&&5?.#&A@6&4$*V)#"*%
"?&4%(?L?&*&L#%&4*'D1(?&4%")$L?&$#(*5*V&C$#L'0*V&4$#)#
&3$1L#5#&B.*'#X&?&0%5*&51&%LD#V
?+.#&9%'#('0#&)%5'0#X&/#9$*(?.#&51&D(%C%&!4.*Q#(1X&0%5*&'?&4%'.1&"%C#&9*.*&4$)*&(#&?L#$<?
`LD#V&4%"%DX&&#)C?'"#X&$1+#)#.%&51&8*V%)%&C$#L'0%&)1Q1&L#&?4?"*&H)$"0?&*&')%51
4%'.#('")%X&0%51&9*&*D#.%&L#&D?&*/5#)*&%L#(%'"&C$#L#&*&D%.9?&L#&C#&(1&(#4#L#X&#.*&?&*'"%
)$1D1&*&L#&D?&'"#)*&L%&/(#8#X&L#&%(*&%'"#5?&)1$(*&0$#J*<*&=#$*5*&T%&4$1&(1C%&+"%&51&"%
4%'.#('")%&0$1(?.%&(#&4?"&4%P1.#&51&9%'#('0#&)%5'0#&L#&(#4#L#&'4.*"'0%&4%L$?P51X&#.*&(1&*
'#D&'4.*"'0*&C$#L&=%SL#&51&"%&9*.#&'#D%&%4%D1(#&L#&'1&+"%&4$1&$1+1
-%'0%$#&4%P1&%N#(/*)#&*&'#&4$%"*)(*P01&'"$#(1&T%)*&)$#('0*&4$*%$&R.91$"&%L&b?P1(<#&*
0$9#)'0*&0(1/%)*&;?L*'.#)*Q*&0$1(?+1&4$%"*)&U)#(#&3#.*S(1X&L#&4$1%"D?&P?)1(*&)$#('0*
D#(#'"*$&3#.*S(*&'"*S1&?&4%D%Q&9%'#('0#&)%5'0#X&0%5#&&(%)1D9$#&4$%)#.*&?&/#L#$'0*
0$#5&*&4%V#$#&C#X&#&4$%"*)(*P01&'(#C1&(#C(#&(#&4%).#P181&?&T*(&`4'#L#&T*(#&"$#5#.#&51&L%
6&L1<1D9$#X&0#L&51&9*.#&4$10*(?"#&)1$%)#"(%&/9%C&%+"$1&/*D1
 &`)%&$#"%)#81&L%(1.%&51
H)$"0?&5%+&51L#(&'"#$*&+?9*Q1)'0*&C$#LX&")$L?&`'"$%)*<?&U/&B.*'#&*&`'"$%)*<1&%(&51
D%C#%&%"#L&L$S#"*&'"#.(%&?&+0$*4<?&!4.*"&*&\#L#$
[&*'"%&)$1D1&H)$"0%)1&)%5'01&4%D#C#.1&'?&V$)#"'01&9%$<1&*&(#&'1)1$?X&?L$?S1(1&4%(1CL1&*&'#
4%D%Q(*D&%L$1L*D#&0(1/#&b#/#$#&T#$%P*"%&'?&9*.1&%4#01&8*V%)1&9%$91&?&!$1D?&4%P1"0%D
'14"1D9$#&A@6&Y#SJ?Q1(X&0$#J&!*C*'D?(L&'1&9*%&$1+*%&L#&.*P(%&0$1(1&4$%"*)&8*VX&*&"%X
0#0%&51&&'14"1D9$#&4*'#%&D.1"#P0%D&L?SL?X&(1&'#D%&4$%"*)&%LD1"(*0#X&(1C%&*&4$%"*)
F9%'#('0%C&9#(#F&E0%D1&(1&4$*/(#51&0$#J1)'0%C&(#/*)#GX&L#&F'0$+*&8*V%)?&%91'"F
&T1
/(#D%&/#+"%&"?&(#D1$?&(*51&%'")#$*%&=1'"%&81C#&)%5'0?&'?&)%L*.*&T*0%.#&M#$#&*&!"14#(
B%$%>X&0%5*D#&51&4%+.%&/#&$?0%D&L#&4%"*'(?&9?("%)(*0#&')1&L%&*/#&!#)1X&#.*&?&4$#)?&;%'(?
(*'?&'D1.*&L#&?>?&[&"*D&9%$9#D#&D#>#$'0*&*/)%$*&(#$%P*"%&4%D*8?&?P1+Q1&9%'#('01&*
'$4'01&0%8*<1X&L%9$%&%$?S#(1X&0%5#&51&9?("%)(*<*D#&')%5*D&9$/*D&D#(1)$*'#81D&P*(*.#
)1.*01&?'.?C1&[&$%4'")%&51X&)1.*&0$#J&!*C*'D?(LX&V)#.1Q*&F.#)%)'0?&'$P#(%'"F&')%5*V
)1$(*VX&4#%&)1.*0&9$%5&F(1)1$(*V&*&+*/D#"*P(*V&;%'#(#<#&*&Y#+#(#F

B%L&L#.D#"*('0*V&C$#L%)#&(#'"#5#.#&51&/#&"%&)$1D1&')1&)1Q#&/#9$*(?"%'"&=#>#$*&'?&9*.*&*
'?)*+1&/#?/1"*&(#&')%D&'%4'")1(%D&4%L$?P5?&L#&9*&D%C.*&8*D#&4$*'0%P*"*&?&4%D%QX&#
H)$"0%)#&'(#C#X&'&L$?C1&'"$#(1X&9*.#&51&"%.*0#X&L#&5%5&%(*X&%'#DJ1(*X&(1&9*&D%C.*&%L%.1"*&!
"%C#&J?L*&4%P1+1&L#&)1Q#5?&/#&0%C#&(#5/#L&L#&'1&%4$1L1.1&[&H$%C*$?&'?&,&*&6&L1<1D9$#


 

 6
A@6&)%>1(*&L?C*&$#/C%)%$*&%&"%DX&0%5*&'?&'1&@&/#)$+*.*&0$)J?&;%'#('0#&'"$#(0#X
(1/#L%)%J(#&L$S#81D&*&%L.?0#D#&L$?C1&'"$#(1X&4$1>1&?&N*/*P0?&9%$9?&H$*&)%>1
.1C*"*D*'"*P01&'"$#(01&91V?&?9*51(1X&#&51L#(&P#0&(#&'$1L&"$C#&`'"#.*&51L)#&?'41+1&L#
4%91C(?&?&!4.*"&-$?C*&C$#L%)*X&\#L#$X&e*91(*0&*&!4.*"X&4%'.#+1&?&5#(?#$?&A@@&')%51
4$1"'"#)(*01&0$#J?&!*C*'D?(L?&L#&D%.1&4%D%QX&*/.#S?Q*&D?&"1C%91&8*V%)#&4%.%S#5#
H)$"0%&51X&D1>?"*DX&L#J1&S*)%&$#L*%&\#&')%C&(#D1'(*0#&?&'"#$%5&V$)#"'0%5&L$S#)*&4%'"#)*
#0"*)(%C&3#.*S(?X&0%5*&')%51&'1L*+"1&4$1(1'1&?&B.*'&`LD#VX&P*D&51&4%4?'"*.#&/*D#X&?
L$?C%5&4%.%)*(*&N19$?#$#X&3#.*S(#&51&4%P1%&'&(#4#L#5*D#&(#&!4.*"&K1$%)#"(%&(#&D%.91
!4.*Q#(#&4%'$1L%)#.*&'?&H$%C*$#(*&/#&8*VX&#.*&(*'?&4%'"*C.*&(*0#0)*V&?'41V#

!4.*Q#(*&'?&%'"#.*&)1$(*&0$#J?&!*C*'D?(L?X&*&;%'#(<*&'1&$1+*+1&'&"%C#&(#&%+"$*5*
4$*"*'#0&-)#&0$#J1)#&*/#'.#(*0#X&)%5)%L#&K.#"0%&K?0%)*Q&*&!"#(%51&O1.#P*Q&L%>%+1
'$1L*(%D&D#$"#&?&B.*'X&L#&5%+&51L(%DX&4$1&(%)%C&?L#$<#X&4%(?L1&L#.D#"*('0*D&C$#L%)*D#
'4%$#/?D&R.*&"#&D*'*5#&(*51&?'41.#&M$#L%)*&5%+&(1&V"1L%+1&L#&'1&%L.?P1X&P10#5?Q*
D#>#$'0?&4%D%Qi&51L*(%&H$%C*$#(*&4%/L$#)*+1&0$#J1)1&J?L1&*&L#L%+1&*D&4%0.%(1X&#.*&(*
%(*&(*'?&4$*'"#5#.*&L#&'1&0%(#P(%&%4$1L1.1&/#&H)$"0#&T#&8*V%)%&L$S#81&?"*<#.1&'?
)1$%)#"(%&)1'"*&%&?'41'*D#&!*C*'D?(L%)1&)%5'01&4$%"*)&9?("%)(*0#&?&!.#)%(*5*&*&!$1D?
R.*&%(*&(*'?&/(#.*&L#&51&9#+&A@6&C%L&!*C*'D?(L&*D#%&"1+0*V&9$*C#&'#&3%J#<*D#&*
=%.L#)<*D#X&#&L#&(*51&*D#%&(*&N*(#('*5'0*V&'$1L'"#)#&(*&L$?C*V&D%C?Q(%'"*&L#&'1&%L#/%)1
8*V%)*D&4%/*)*D#&B#L&51&4%$?0#&81C%)*V&4%'.#(*0#&%'"#.#&91/&?'41V#&$1+*%&'1&H)$"0%&(#
L#J1&(#4#L#51&[&D#5?&A@@&4%(%)%&51&'"$#L#%&'4.*"'0*&0$#5X&#&'4$1D#.#&'1&L#&'"?4*&?&#0<*5?
*&9%'#('0#&N.%"#&[4.#+1(*&!4.*Q#(*&4%'.#+1&7&5?(#&!*C*'D?(L?&51L(%C&$1P*"%C&N$#"$#X
L#&4$*0#S1&8*V%)%&'"#81&*&/#"$#S*&91/?)1"(?&4%D%Q&Fe"%C%L&*D#D%&%+"1Q1(%&51X
?4$%4#+Q1(%X&4%4#J1(%&')1&L%&'#D*V&/*L*(#&C$#L'0*V&T1D#D%&D*$(#&L#(#F
&o$#"#$&51
*D#%&$1Q*&0$#J?X&L#&*DX&#0%&(1&D%S1&4%D%Q*X&L%/)%.*&L#&'1&F91/&S*C#&*/L#51F&D%C?&'#D*
%4$1L1.*"*&R0%&"%&0$#J&(1&V"1L(1X&(10#&4%'.#(*0X&4$1L&')*D&D#C(#"*D#X&'0*(1&%LC%)%$(%'"
'#&!4.*Q#(#&`91Q#(?&4%D%Q&D%C?&P10#"*&'#D%&L%&0$#5#&5?.#X&#&4%'.1&Q1&P*(*"*&+"%&/#
(#59%J1&(#>?&3#&*4#0X&*#0%&*D&!*C*'D?(L&(*51&4%'.#%&"$#S1(1&4%D%Q*X&!4.*Q#(*&(1&'#D%
L#&(*'?&?+.*&?&4$1C%)%$1&'#&;%'#(<*D#X&(1C%&'?X&)1$%)#"(%&4%&D#>#$'0%D&'#)1"?X&4%0?+#.*
L#&(#>?&'4#'&(#&L$?C%5&'"$#(*&`(*&'?&@&#)C?'"#&L%(1.*&/#0J?P#0X&L#&4$1L.%S1&%'"#.*D
L#.D#"*('0*D&C$#L%)*D#&%9$#/%)#81&(%)%C&%L9$#D91(%C&'#)1/#X&?&0%5*&9*&4%$1L&8*V&?+.*&*
(10*&V$)#"'0*&0(1/%)*&`L&C$#L%)#&'?&9*.*&?/1"*&?&0%D9*(#<*5?&e*91(*0&*&!0$#L*(X&#&%L
V$)#"'01&).#'"1.1&T1.*4*Q*X&K*L&[C$*(*Q&*&0$9#)'0*&0(1/%)*
H#5&4$1L.%C&(#*+#%&51&(#&4%)%J#(&%L/*)&[&'0$#L*('0%5&<$0)*&')&B#"#$*(1&%L$S#(&51
'#'"#(#0&!4.*Q#(#X&e*91(*P#(#&*&!0$#L*8#(#&*&4$1"'"#)(*0#&T1.*4*Q#&*&[C$*(*Q#&H?&51
'")%$1(&*&4%"4*'#(&?C%)%$&%&'#)1/?&d*J&'#)1/#&51&9*%&L#&'1&?P1'(*<*&?/#5#D(%&4%D#S?X
0#0%&9*&F'191X&/1DJ?X&D1'"#&*&')?&*D%)*(?&')%5?&%P?)#.*&?&L?S(%5&)1$(%'"*&4$1D#&')1"%5
0$?(*&?C#$'0%5F&`4#'(%'"&51&4$1"*.#&%L&3#.*S(1X&%L(%'(%&%L&0$#J#&H)$"0#&O1L(#&"#P0#
?C%)%$#X&0%5#&51&)1/#.#&')1&4$1C%)#$#P1&*&9*.#&)$.%&0#$#0"1$*'"*P(#X&C.#'*.#&51&%)#0%&FR0%
9*&'1&?&0$#J1)*(*&[C#$'0%5X&?&"%0?&L%C#>#5#X&/9*.#&0#0)#&4$%D1(#&ED*'.*&'1X&(#&4$1'"%.?GX&(1
D%S1&*&(1&'D1&(*51L(#&%L&(#)1L1(*V&'"$#(#0#&4$*'"#"*&?/&L$?C%C#&).#L#$#X&C%'4%L#$#X&%'%9?
*.*&%4+"*(?&*.*&L$S#)?&91/&'#C.#'(%'"*&%'"#.*V&'#)1/(*0#F

B$#J&H)$"0%&9*&)1$%)#"(%&4$1L?/1%&%LD#V&(1+"%&4$%"*)&"%C&'#)1/#X&L#&D?&(*51&9#+&?&"%
)$1D1&/#C$%/*.#&%4#'(%'"&%L&H?$#0#&H?$<*&'?&?/(1D*$#)#.*&81C%)1&/1DJ1&5%+&%L&51'1(*
A@,&C%L&[&-?9$%)(*0?&'1&,&*&6&%0"%9$#&$1+#)#.%&%&'4#'#)#8?&K.#V#&*&'?'1L#&?&!"%(
F  &¼  & 
&
  F
&O1L(#&"?$'0#&)%5'0#&0$1"#.#&'1X&4%P1"0%D&#)C?'"#
A@@X&4$1D#&Y#+0%5&*&4$1D#&;%'(*&!"#(%)(*+")%&V?D'01&%9.#'"*&'0.#8#.%&'1&(#
L?9$%)#P0%&4%L$?P51X&?&L%9$%&?")$>1(*&!"%(X&0%5*&'1&%L&7&#)C?'"#&P?)#%&(#$%P*"%&*
%$?S#%&K.#'"1.*&51&9*.%&L%/)%J1(%&L#&L%>1&?&'#D&-?9$%)(*0&-?9$%)P#(*&'?&L*C.*&*
%$C#(*/%)#.*&')%51&'"#(%)(*+")%&L#&9$#(*&'"%('01&91L1D1X&#&H)$"0%&*D&51&4%'.#%&*&V*J#L?
)%5(*0#&?&4%D%Q&O1L#(&"?$'0*&*/)%$&0#S1X&L#&51&%)#5&(#4#L#5&H?$#0#&(#&;%'(?&4%"#0#%&c?$#>
!"$#<*D*$%)*Q&;#.+*QX&0%5*&51&V"1%&L#&'1&D#&*&(#&"#0#)&(#P*(&%')1"*&H)$"0?&B$#51D


 

 @7
#)C?'"#X&6X&L%P10#%&51&"?&)%5'0?&0%L&;*.1Q1&)%5)%L#&K.#"0%&K?0%)*Q&*&4%"?0#%&51&L%&(%C1
O1L)#&'1&'4#'#%&'#D&81(&)%>#&e#*(&'#&D#.*D&9$%51D&')%51&4$#"81
 
-?9$%)#P0#&Y14?9.*0#X&4$#"1Q*&%4#'(%&'?4#$(*+")%&'?'1L(*V&).#L#$#&*&%'1Q#5?Q*&0?L&%(%
D%S1&%L)1'"*&(#&%P*C.1L&"?$'01&%4#'(%'"*X&$1+*.#&51&%LD#VX&)1Q&2&'14"1D9$#X&L#&4%'$1L?51
*/D1>?&H)$"0#&*&c?$>#&H)$"0%&51&%LD#V&4$*V)#"*%&"?&4%(?L?X&?&0%.*0%&51X&D%SL#X&(*51&*&'#D
4%"#0#%&O1$&(#&81C%)?&D%.9?&Y14?9.*0#&51&6&(%)1D9$#&4$*'"#.#X&L#&81/*(&P%)10X&=*V#*.%
Y#'"*QX&?&*D1&0$#J1)%X&*L1&c?$>?&*&4%'$1L?51&/#&'4%$#/?D&H#5&'?&4%'#%&(#'"#)*.*&'#D*
;%'#(<*&K1Q&7&D#$"#&*L?Q1&C%L*(1&L%9*%&51&0(1/&=*$0%&Y#L%51)*Q&*/&;%'(1&'#&5%+&51L(*D
L$?C%D&.#>?&?&-?9$%)(*0?X&L#&9*&D%C.*&%"4?"%)#"*&?&\1"?

&U'"1&51'1(*X& &L1<1D9$#
A@@X&-?9$%)P#(*&'?&*/5#)*.*X&L#&9*&9*.*&'4$1D(*&4%'$1L%)#"*&/#&D*$X&#0%&9*&'1&L%C%L*.%
L#&D#>#$'0*&0$#J&V"1L(1&0$1(?"*&(#&;%'(?
 
`4#'(%'"&%L&H?$#0#X&(14$*5#"1J'")%&'&;#.+*Q1DX&'")%$1(*&'#)1/&?&-#.D#<*5*&4$%"*)&81C#&*
%")%$1(&'?0%9&'&D#>#$'0*D&L)%$%D&P*(*.*&'?&H)$"0%)&4%.%S#5&?&"%&)$1D1&)1%D#&"1+0*D
-?9$%)#P0#&Y14?9.*0#&9*.#&51&)%J(#&L#&4%'$1L?51&*/D1>?&D#>#$'0%C&*&9%'#('0%C&0$#J#X
4$1L%'1Q#5?Q*&L#&9*&'?0%9&D%C#%&9*"*&.#0%&D%C?Q&R.*&H)$"0%&'1&91+1&$%L*%&4%L&'$1Q(%D
/)1/L%D&[&-#.D#<*5*&L%>1&L%&9%$91&*/D1>?&C$#L#&H$%C*$#&*&0(1/#&T1.*4*Q#X&0%5*&%'.#9*
'(#C?&4$%"*)(*P0%C&'#)1/#&`9#)1+"1(&%&"%DX&H)$"0%&4%'.#&?&(%)1D9$?&L)#&9$#"#&K?0P*Q#X
:$)%5#&*&K%5*'.#)#X&?&B(*(X&L#&5%+&51L(%DX&)$.%&%/9*J(%X&4%/%)?&C$#L%)1&*&J?L1&?&:$)#"'0%5
*&-#.D#<*5*&(#&4$1L#5?&3$)*&'1&%L#/)#%&H$%C*$X&0%5*&'1X&*'"*(#X&(*51&V"1%&4$1L#"*&%LD#VX
(1C%&51&"$#S*%&L#&C#%9#)1'"1&%&'*"?#<*5*&:$)%51&51X&(#$#)(%X&4%'.1&9*.1Q0%C&?'41V#X
4$*0#/*)#%&H)$"0%)&4%.%S#5&0#%&)$.%&4%)%J#(X&*&(#C.#+#)#%&51&L#&Q1&0$#J&D*.%D&*.*&'*.%D
(#"?$*"*&')%5?&)%J?&-#&51&"%&H)$"0%&*&(#D1$#)#%&)*L*&'1&4%&"%D&+"%&51&0#%&')%C&(#D1'(*0#&?
:$)#"'0?&?4?"*%&9*.1Q0%C&4%91L(*0#X&)%5)%L?&K.#"0#
B$#J&!*C*'D?(LX&'0.%4*)+*&4$*D*$51&'&3%J#<*D#X&91+1&'1&(#5/#L&$1+*%&(#&#0"*)(*5?
4%.*"*0?&?&3$*D%$5?&3%0?+#%&51X&(#54$1X&L#&4$*L%9*51&=.1"01&0#%&'#)1/(*0#X&#.*&?&"%D&(*51
?'41%X&51$&'?&=.1P#(*&"$#S*.*&)1.*01&?'"?401&\#"*D&51&*D1(%)#%&/#&(#D1'(*0#&:$)#"'01&*
-#.D#<*51&#0"*)(%C&'.#)%('0%C&9#(#&b#L*'.#)#&b?P1(<#&*&(#$1L*%&D?&L#&%LD#V&%L1&?&"1
%9.#'"*&*&L*S1&#?"%$*"1"&D#>#$'01&0$?(1&b?P1(<&51&'"*C#%&?&\#L#$&4$1L&'#D&;%S*Q&*&%LD#V
4%P1%&L#&'4$1D#&)%5(*&4%V%L&e*91(P#(*&D?& &5#(?#$#&A@&4%'.#+1&27&)%5(*0#&?&4%D%Q
R.*&b?P1(<%)&4%V%L&(*51&*D#%&?'41V#&T#4$%"*)X&9%'#('0#&)%5'0#&51X&')#0#0%&4%'.1&9%$91X
L%4$.#&L%&'#D%C&\#L$#&*&4%4#.*.#&D?&4$1LC$#>#&[&D#$"?&51&4%"%D&)%5)%L#&K.#"0%&4$1L
!4.*"%D&'.#%&4%91L(*P01&4%$?01&?C$%S1(%D&C$#L?&K*L1Q*&L#&%L&D#>#$'01&4%D%Q*&(*51&9*.%
?'41V#&'4.*"'0%&C$#L'0%&)1Q1&$1+*.%&51& &D#$"#X&L#&4%+#J1&H)$"0?&L)#&')%5#&4%'.#(*0#
!.*P(%&'?&4%'"?4*.*&*&%'"#.*&L#.D#"*('0*&C$#L%)*&!4.*Q#(*&'?&*/5#)J*)#.*&'4$1D(%'"
L#X&#0%&(1&9?L1&L$?C1X&4$*/(#5?&)$V%)(?&).#'"&H)$"0%)?X&#.*&'?&D%.*.*&L#&*D&'1&%'"#)*
*/)1'"#(&$%0&0#0%&9*&'1&5%+&51L(%D&D%C.*&%9$#"*"*&0$#J?&!*C*'D?(L?X&L#&*D&'1&/#51DP1
'"#$1&4%).#'"*<1X&*&L#&"#0%&4%'"?41&*&L$?C*&C$#L%)*X&L#&(1&9*&(#&8*D#&'#D*D&%'"#%&S*C
*/L#5'")#&H)$"0%&51&4$1L?'$1"J*)%&4$*'"#%&L#&*D&%L%9$*&"$#S1(*&$%0&H#5&51&*D#%&"$#5#"*&L%
2&5?(#&3$*'"#%&51&P#0&*&(#&"%X&L#&!4.*"&9?L1&4%'.1L81&%L&L#.D#"*('0*V&D1'"#&0%51&9*
4$*/(#.%&81C%)?&).#'"&[&"%D&#0"?&9*.%&51&0%.*0%&L$S#)(*P01&D?L$%'"*&"%.*0%&*'"%&*
')1'(%'"*&%&')%5%5&'(#/*&*&?)1$18#X&L#&0$#581&$1+181&(1&D%S1&*'4#'"*&L$?0P*51
 
B#L&'?&L%9*.*&"#0#)&%LC%)%$X&!4.*Q#(*X&?&L%C%)%$?&'#&e*91(P#(*D#&*&H$%C*$#(*D#X
4%'.#+1&&D#5#&D#>#$'0%D&0$#J?&')%5#&L)#&4%'.#(*0#&`)*&'?&*D#.*&L#&4%S?$1&$1+181X&51$
51&$%0&9*%&L%'"#&0$#"#0&B$#J&!*C*'D?(LX&(#$#)(%X&(*51&D%C#%&L#"*&')%5&4$*'"#(#0&L#&'1
C$#L%)*&4$1L#5?X&(1C%&51&*&%41"&%91Q#)#%&4%D%Q&B#0%&"#&4%D%Q&(*51&L%.#/*.#X&#&%L$1>1(*&$%0
'1&4$*9.*S#)#%X&"%&?&C$#L%)*D#&(#'"#&/#9?(#&*&'"$#V&H$%C*$#(*&4$1L.%S*+1&L#&H)$"0%
?4?"*&?&8*V%)&C$#L&51L(%C&')%C&4%)1$1(*0#&=*'.*.*&'?&*&%(*&*&L$?C*X&L#&9*&%(&D%C#%
/#"$#S*"*&%L&8*V&*&"#%<1&*&4$1L?/1"*&D%SL#&*&%+"$*51&D1$1
=1>?"*DX&H)$"0%&51&D%$#%&<1.%&"%&4*"#81&/#&*/)1'(%&)$1D1&%'"#)*"*&%")%$1(%&]1C%)
'#)1/(*0X&0(1/&b#/#$X&9*%&51&"1+0%&?C$%S1(&%L&H?$#0#&!*.(#&%$L*5#&<#$#&=?$#"#&0$1"#.#&'1


 

 @
(#&!$9*5?X&#&D%C.#&'1X&4%'.1&1)1("?#.(%C&?'41V#X&%9$(?"*&*&4$%"*)&;%'(1&UD#%&9*&'1
%')1"*"*&.#8'0*&4%$#/&H)$"0%&51&%L&4$)%C&P#'#&'#C.1L#%&%4#'(%'"&*&%LD#V&?4?"*%&(#&B%'%)%X
(#&D1'"%&%L.?P(1&9%$91X&')%5?&)%5'0?&'#&(#59%J*D&')%5*D&)%5)%L%DX&K.#"0%D&K?0%)*Q1D&[
"?$'01&*/)%$1&?+.#&51&)1'"X&L#&51&%(&P#0&4%"*<#%&b#/#$#&(#&%"4%$&
&K.#"0%&'1X&(#&4%)$#"0?
*/&-#.D#<*51X&')$#"*%&?&-?9$%)(*0X&CL1&D?&51&Y14?9.*0#&6&D#5#&$1+*.#&L#"*&(#&4%0.%(&77
41$41$#
&[/&"?&)%5'0?&4$*'"#%&51&*&0$#J1)&L$?C*&'#)1/(*0&*&4$*5#"1JX&U)#(&3#.*S(#X

'#&')%5*D&0$'"#+*D#&U/&"%C&?P1+Q#&)*L*&'1&(#59%J1&0%.*0?&51&)#S(%'"&H)$"0%&L#)#%&%)%5
9%$9*&H%0&0%'%)'01&9%$91&D*&(1&/(#D%&4%?/L#(%i&(#$%L(#&41'D#&*&4$1L#81&L#5?&D#'?
4%51L*(%'"*X&0%51&'?&)*+1&14'0%C&(1C%&*'"%$*5'0%C&'#L$S#5#&\(#&'1&4%?/L#(%&'#D%&"%X&L#&51&?
C.#)(%D&'"$#L#.#&'$1L*(#&'$4'01&)%5'01X&L%0&51&)1Q*(#&'#&%9#&0$*.#X&K?0#&;$#(0%)*Q#&*
K.#"0#&K?0%)*Q#X&D%C.#&L#&'1&'4#'1
&;%'#('0*&C?9*<*&?&"%5&9*<*&P*(*&'1&L#&(*'?&9*.*
)1.*0*&\(#&'1X&L#&51&51L#(&L1%&4.1D*Q#&L%4#%&$%4'")#X&*&L#&51&9*%&%L)1L1(&(#&*'"%0X&CL1&51
L?C%&P#D*%&\#(*DJ*)%&51X&L#&51&)%5)%L#&K.#"0%&P#0&%9#)1'"*%&0$#J#X&0#0%&51&4%91L#&?%4+"1
(#&'#)1/(*P0%5&'"$#(*&]1D?&'1&"%&)1$%)#"(%&?P*(*.%&'&"%C#X&+"%&51&?&9%$9*&4%C*(?%&'#D
'?."#(&*&+"%&'?&?&4$)%D&L1.?&9*"01&V$*+Q#(*&9*.*&(#4#L#P*&`'*D&"%C#X&%LD#V&4%'.1&9%$91X
H?$<*&'?&(#4?'"*.*&B%'%)%&*&!$9*5?&*&4%)?0.*&'1&(#&')%51&C$#(*<1
B$#J&H)$"0%X&)1$?5?Q*&*&"#LX&4#&P#0&*&(10%.*0%&(1L1J#&L%<(*51X&L#&51&4%91L#&(#&'"$#(*
'#)1/(*0#X&4*'#%&51&?&o*$1(<?&*&?&H$%C*$X&L#&'1&4%V)#.*&4%'"*C(?"*D&?'41V%D&U/&o*$1(<1X
?&51'1(&"1&C%L*(1X&'"*C#%&51&%LC%)%$X&0%5*&51&0#/*)#%X&D1>?&%'"#.*D&Fz &l
& X&
  &&  
&  & F

[&*/)1'(*D&*/)%$*D#&^aI^aII&)10#X&0%51&51&4%L$%9(%&#(#.*'#%&h&B%)#P1)*QX&C%)%$*&'1&%
"%DX&L#&51&9%'#('0*&)%5)%L#&K.#"0%&K?0%)*Q&FS?$(%&4%91C#%F&?&;%'(?X&0#L&51X&4%'.1&')%C
V$#9$%C&4$)%C&5?$*+#&D1>?&H?$01X&P?%&)1'"X&L#&51&51L#(&b#/#$1)&)%5)%L#&?P*(*%&*/L#5?&*.*
0#L&51&)*L1%&L#&51&4%$#/&V$*+Q#('01&)%5'01&(1D*(%)#(&[&H$%(%+<?&'1&D1'"%&K.#"0#
K?0%)*Q#&0#%&9%'#('0*&)%5)%L#&4%D*81&K?0&;$#(0%)*Q&T#$%L(%&4$1L#81&4%D*81&K?0#&?
51L(%5&41'D*&0#%&4%$10.%D&*/&:1$<1C%)*(1&B#0%&'1&?&;%'(*X&?&^a&)10?X&L%*'"#&(#.#/*%&51L#(
0(1/&K?0&;$#(0%)*QX&"%&51&%(L#X&4%&B%)#P1)*Q?X&L%'"#&)1$%)#"(%X&L#&51&P*"#)#&.1C1(L#&%
*/L#5*&K?0#&;$#(0%)*Q#&(#&B%'%)?X&%L(%'(%&%&%L)%>18?&81C%)1&)%5'01&'#&9%5(%C&4%J#X
(#'"#.#&?'.1L&D1+#8#&*D1(#&K?0%)#&*&K?0%)*Q#X&?/&L$?C1&(101&D%D1("1X&0%5*&'?&?%4+"1
?'.%)*.*&N%$D*$#81&.1C1(L1&%&K?0%)%5&*/L#5*

[&')%D&4*'D?X&+"%&C#&51&&#)C?'"#&A@&4*'#%&"$%C*$'0%5&%4+"*(*X&0$#J&H)$"0%&5%+&*&"#L#
'D#"$#&0%'%)'0*&9%5&0#%&V$*+Q#('0?X&%L(%'(%&0#%&')%5?&4%91L?&[&"%5&'"$#V%)*"%5&9%$9*
4%C*(?%&51&<#$&=?$#"&*&L)#&81C%)#&'*(#X&#&V$*+Q#(*&'?&9%$9?&/#)$+*.*&'&?'41V%D&M%)%$1Q*
?&4$)%D&.*<?&H)$"0%&"#5&?'41V&4$*4*'?51&?&*/)1'(%5&D1$*&')%5*D&J?L*D#&[&"%D&4*'D?&'1&0#%
L#"?D&9%$91&'"#)J#&7&5?(*X&*#0%&'1&)*L*X&L#&'1&')1&4$*P#81&%L(%'*&(#&0%'%)'0*&9%5X&CL1&51
9*.#&4%C*9*5#&=?$#"%)#&K1$%)#"(%&51X&L#&'1&$#L*&%&'#D%&4*'#$'0%5&4%C$1+<*&?&L#"?D?
B#%&.%5#.#(&'#)1/(*0&*&4$*5#"1J&b#/#$1)X&0$#J&H)$"0%&(*51&4$1L?/*D#%&?&!$9*5*&#4'%.?"(%
(*+"#X&L#&4%5#P#&')%5&?"*<#5&*.*&$#+*$*&')%51&D1>1&b#/#$1)#&?L%)*<#&(*51&*D#.#&%L&81C#
(*0#0)*V&(14$*.*0#
[&51L(%5&4#L%)#('0%5&V$%(*<*&*D#&*&%)%&/#&H)$"0#&4$*.*P(%&0#$#0"1$*'"*P(%&0#/*)#81X
o$#8%&B#$#$#&D.#>*X&+?$#0&0(1/#&!"14#(#&o$#(0%4#(#X&0%5*&51X&/#&$#/.*0?&%L&U)#(#X&9*%&?
)1/#D#&*&4$*5#"1J'")?&'&0$#J1D&H)$"0%DX&91+1&*/C?9*%&A@@&')%5?&L$S#)?&3#L%)?&H$#S1Q*
'&0(1/%D&!"14#(%D&/1DJ?&*.*&.*<1X&0%5*&9*&D?&D%C.*&4%D%Q*&L#&'1&)$#"*&(#&')%51&D1'"%X&%(
51&%L&!"14#(#&9*%&?4%/%$1(&*&(#&0$#J#&H)$"0#&`)#5&51&9*%&)1%D#&J?"&(#&)%5)%L?&D*.#('0%CX
F51$&51&"?$'0%D?&'?."#(?&4$%L#)#%&%$?S51&?&%(%&)$*51D1X&0#L&'?&;%'(#&*&!$9*5#&4$%.*51)#.1
0$)&')%5?&(#&B%'%)?F&B(1/&!"14#(&51&P#0&?4?Q*)#%&B#$#$?&L#&')#0#0%&*L1&?&;%'(?X&0$#J?
H)$"0?X&F51$&51&C%"%)%&'*C?$#(X&L#&Q1&D?&"#5&4%D%Q*&(#&81C%)?&4$14%$?0?F
 &T%)*&%9$"
'")#$*&?&U"#.*5*&%L)1%&51&B#$#$?&(#&L$?C?&'"$#(?X&?4$#)&?&P#'?&0#L&'1X&4%&+?$#0%)?&'#)1"?X
91+1&0$1(?%&/#&;%'(?
3%'.1&0%'%)'01&9*"01&H)$"0%&'1&4%(%)%&%9$Q1&:$)#"'0%5&*&-#.D#<*5*&3%P1"0%D&5?.#&51L#(


 

 @
81C%)&4%'.#(*0&?&=.1<*D#&"$#S*&'.%9%L?&*/)%/#&0?4J1(%C&%$?S5#&*&%4$1D#81&H)$"0%)1
N.%"1&*/&D.1"#P0%C&#$'1(#.#&=.1"#P0#&).#L#&51&,&5?.#&L#.#&L%/)%.?&/#&%$?S51&*&(*51&4$#)*.#
(*0#0)1&'D1"81&9%'#('0%5&N.%"*X&'#D%&(*51&4$*'"#5#.#&L#&81(#&N.%"#&*'4$#"*&9%'#('01&.#>1X
0%51&'?&'1X&/9%C&')%51&D#.%9$%5(%'"*X&9%5#.1&C?'#$#&`)%D&4$*.*0%D&H)$"0%&'1&9*%&4%(?L*%&L#
4%'$1L?51&*/D1>?&=.1"#P01&Y14?9.*01&*&(#4?J'01&0$#J*<1&=#$C#$*"1X&'&0%5%D&51&%L$S#)#%
'$L#P(1&)1/1&*&P*5?&51&L*(#'"*5?&1(1$C*P(%&4%D#C#%&4$%"*)&!*C*'D?(L#&*&=#$*51&=.1P#(*
'?&9*.*&*&%'"#.*&4$%"*)(*<*&(#4?J'0%C&L)%$#&*&'4$1D#.*&'?&'1X&L#&')%5%D&N.%"%D&(1&'#D%
'4$1P1&L%.#/#0&=#$C#$*"1&*&81(%C&'*(#&b#L*'.#)#&?&-#.D#<*5?X&(1C%&L#&*V&P#0&*&/#$%91&T#
H)$"0%)?&4%(?L?&%LC%)%$*.*&'?&=.1P#(*&?P"*)%&#.*&V.#L(%&*&%L&"%C&4%'$1L%)#8#&(*51&9*.%
(*+"#


\#&)$1D1&%L'?'")#&K.#"0#&K?0%)*Q#&*&3#.*S(1&9#(&b?P1(<&?'41%&51&9*%&L#&?&-#.D#<*5*
%')%5*&B.*'&*&4%"*'(1&D#.*&9$%5&9%'#('0*V&*&3#.*S(*(*V&4%'#L#&B#L&51&)*L1%&L#&'1&H?$<*
)$#Q#5?&*/&!$9*51&*&L#&;#5#/*"&(1&D*'.*&(#&L#J1&9%$91&(*&"?&(*&?&;%'(*X&?4?"*%&51&H)$"0%X
0$#51D&#)C?'"#X&(%)1&P1"1&?&-#.D#<*5?&B$#51D&'14"1D9$#&'"*C.1&'?&%(1&)1Q&4%L&\#L#$&4#.1Q*
')1&L%&C$#L'0*V&0#4*5#&*&/#L$S#)#5?Q*&'1&?&/#L#$'0%D&0$#5?&L%&?&L?9%0?&51'1(&[C$%S1(*
\#L$#(*&/#D%.*.*&'?&/#&4%D%Q&0$P0%C&0(1/#&U)#(#X&0%5*&*D&'1&%L#/)#%&"10&?&(%)1D9$?X
4%'.#)+*&51L#(&%L$1L&%L& 77&J?L*&3%D%Q*&51&L%+.%&*&'#&L$?C*V&'"$#(#&\#L#$'0#&)%5'0#
4%+.#&51&"#L&4$%"*)&K$#(1X&0%5?&51&)1Q&(#4#L#.#&D#>#$'0#&)%5'0#&9#(#&b?P1(<#&[&L)1&9%$91X
&*& &(%)1D9$#X&3#.*S(#&'1&V$#9$%&L$S#%&*&9*%&$#81(X&#.*&(*51&D%C#%&L#&%L9*51
4$%"*)(*0#&H10&?&"$1Q%5&9*<*X&7&L1<1D9$#X&$#/9*+1&;%'#(<*&(14$*5#"1J1X&0%5*&'1&F'$#D(%F
4%)?0%+1&*'4%L&K$#(1&31"&L#(#&4%'.1&"%C#&9*&4%)$#Q1(&*&B.*'
 &[C.1L&9%'#('0%C&0$#J#
(1&'#D%&L#&%'"#&(1%0$81(X&(1C%&4%'.1&%)*V&4%91L#&')*D#&4%'"#L1&5#'(%&L#&Q1&81C%)&9*"*&*
0$#58*&?'41V&=.1"#P0#&Y14?9.*0#&%9#)1+"#)#.#&51&D#>#$'0*&L)%$&%&9%'#('0*D&?'41'*D#
5#)J#5?Q*&5#'(%X&L#&'1&0%L&L#.D#"*('0*V&C$#L%)#&5#)J#&?)1$181&L#&(1&D%C?&%L%.1"*&9%'#('0%5
'(#/*&*&L#&'1&D%$#5?&4%L)$Q*&H)$"0?
 &;%'#('0*&?'41'*&(#&"%5&'"$#(*&*D#.*&'?&%L510#&*&(#
4%L$?P5?&%0%&[(1&\(#D%X&L#&51&0(1/&!"14#(&;.#C#5'0*&A@&C%L&'#&;%'#(<*D#&/#51L(%
(#4#L#%&(#&4%'1L1&\$*8'0*VX&0%5*&'?&L$S#.*&'#&!*C*'D?(L%D

B#L&51&=.1"#P0#&Y14?9.*0#&)*L1.#X&L#&0$#J&!*C*'D?(L&(1&L%'41)#&/#.%S*"*&'1&/#&4%'1L
:$)#"'01&*&-#.D#<*51&*&L#&Q1&H)$"0%&?&'0%$%&)$1D1&%'"#"*&4%91L(*0X&$1+*.#&'1&*&%(#&L#
#0"*)(*51&*'"?4*&*&4$*L%9*51&/#&'191&L#.D#"*('01&C$#L%)1&]*V%)&'1(#"&%L.?P*%&51&
#4$*.#&A7&L#&4%+#J1&51L(%C&P%)10#&"#D%X&L#&*'4*"#&'"#81&*&$#'4%.%S18#&H#5&51&'"*C#%
0#'(%X&0#L&'?&%L.?01&)1Q&'#/$1)#.1&-#.D#"*('0*&C$#L%)*&*D#.*&'?&'#L&'#D%&L#&*/#91$?
*/D1>?&L)#&0$#J#X&*/D1>?&D#>#$'0%CX&0%C#&'?&4$*/(#)#.*&')%5*DX&#.*&0%5*&*V&(*51&D%C#%
/#+"*"*"*X&*&*/D1>?&H)$"0#X&P*51&'?&)%5'01&'"#.1&4$1L&8*V%)*D&/*L*(#D#&=.1<*&'#L&(*'?
D%C.*&D(%C%&4%D%Q*i&L?C#&4#'*)(%'"&?&%)%5&<1.%5&9%$9*&.*+*.#&*V&51&')*V&*/C.1L#&(#&?'41V
`<1(*)+*&L%9$%&4%.%S#5X&=.1P#(*&'?&,&D#5#&L%(1.*&%L.?0?&L#&%9?'"#)1&')#0?&4%.*"*P0?
#C*"#<*5?&(#&"%5&'"$#(*

[&4$%.1Q1&A7&;%'#(<*&'?&4%'"#.*&4%(%)%&)$.%&#0"*)(*&_10#8#&51&9*.%&L%'"#&*&'#L&'?
V"1.*&P*'"?&'*"?#<*5?&`L&#4$*.#&)%>1(*&'?&4$1C%)%$*&'#&!4.*"%D&4%'$1L%)#81D&0$9#)'0%C
0(1/#&c?$1X&D#(L#"%$#&H)$"0%)#&T1D#5?Q*&)*+1&0?LX&!4.*Q#(*&?4?"*+1&')%51&4%'.#(*01&?
;%'(?&*&?&H$%C*$X&CL1&'1&0#%&0$#J1)&4%)1$1(*0&(#.#/*%&U)#(*+&:%$)#"&!)%5*D
4%'.#(*<*D#&%(*&'?&@&D#5#&L#.*&?4?"'")#X&L#&'1&91/&*0#0)#&L#J1C&%"1/#8#&'4%$#/?D15?&%
P#'(*D&?'.%)*D#&/#&4$1L#5?&C$#L#&B#L&'?&/#&"?&'4.*"'0?&%L.?0?&P?.#&*&%'"#.#&L#.D#"*('0#
D1'"#&$1+*+1&'1&*&%(#&L#&4%>?&/#&"*D&4$*D1$%D&e*91(*0&*&%'"$)#&;$#P&*&:)#$X&#&)1$%)#"(%
*&B%$P?.#X&'%.*L#$*'#+1&'1&'#&!4.*"%D&\#&P?L%X&51L*(*&H$%C*$X&L%".1&(#54$1L?'$1"J*)*5*X
L%(1'1&/#0J?P#0&L#&%'"#(1&)1$#(&!*C*'D?(L?&*&=#$*5*&F;%J1&L#&?D$1D%FX&C%)%$*.#&51
)1Q*(#X&F(1C%&L#&*/L#D%&')1"?&0$?(?&D#>#$'0?F

H)$"0%&51&'4.*"'01&4%'.#(*01&.14%&4$*D*%&*&&5?(#&*/L#L1&*D&?&!?"51'<*&4%)1J?X&0%5%D&51
4%")$L*%&')#&8*V%)#&L%"#L#+8#&4$#)#&*&4%).#'"*<1&j1.1Q*&L#&'1&F(#+*&)1$(*&E

‚  
G&!4.*Q#(*&%9*.#"%&0%$*'"1&(#+%D&D*.%+Q?FX&%(&51&4%)1J%D&%L$1L*%&C$#(*<1&*/D1>?


 

 @A
!4.*"#X&B.*'#&*&`D*+#X&L#&9*&%"0.%(*%&'?0%91&*/D1>?&8*V&/9%C&4%'1L#
&K*L1Q*&0#0%&51
L%9$%&4$%+#%&!4.*"&$1+*+1&'1&9$/%&*&L$?C*&H$%C*$#(*X&4$1L%D*'.*)+*&'1&9$/%X&)1Q&@&5?(#
*/5#)*+1&H)$"0?&')%5?&4%0%$(%'"&3%'.#(*<*&e*91(*0#&L%9*+1X&*'"%&"#0%X&4%")$L1&'"#$*V
4%).#'"*<#X&&5?(#X&*&H)$"0%)?&/#+"*"?&\#&4$*D1$%D&C$#L%)#&4%+.#&'?&*&L#.D#"*('0#
%'"$)#&;$#PX&:)#$&*&B%$P?.#&B#%&;$#P#(*D#&H)$"0%&51&')#0#0%&*&8*D#&4%")$L*%&'"#$1
4%).#'"*<1X&D1>?&0%5*D#&51&9*.#&'.%9%L#&*/9%$#&0(1/#X&0%C#&0$#J&'#D%&4%")$>?51X&*
%'.%9%>181&%L&N*(#('*5'0*V&"1$1"#
&K1Q&?&L1<1D9$?&A7&0#%&4%'.#(*0&H)$"0%)&?
-?9$%)(*0&*L1&51L#(&!4.*Q#(*(i&%P1)*L#(&/(#0&L#&H)$"0%&(%)*D&4%L#(*<*D#&?0#/?51&'
4.#(%D&(#$%P*"?&4#S8?
H)$"0%&51X&'&4?(%&$#/.%C#X&D%C#%&9*"*&4%(%'#(&(#&"%.*01&?'41V1&`(&'1&8*D#X&L%*'"#X&*
4%V)#.*%&=.1"#P0%5&Y14?9.*<*X&0%5#&D?&51X&')#0#0%&(1&L$#C#&'$<#X&P1'"*"#.#&H%C&.1"#&%(&51
')%5?&L%"#L#+8?&0$#J1)'0?&"*"?.?&/(#"(%&4$%+*$*%X&(#/*)#5?Q*&'1&F0$#J&Y#+01X&;%'(1X
-#.D#<*51X&:$)#"'01&*&3$*D%$5#F&H#&'1&"*"?.#&4$)*&4?"&4%D*81&7&5?.#&A7&?&"$%C*$'0*D
91.1+0#D#X&#&'&8%D&'1&&#)C?'"#&L*P1&?&/)#(*P(%5&4%)1J*&?&!4.*"?&*&0$#J1)*&*/#'.#(*<*X
0#L&'?&*D#.*&L#&%L$1L1&C$#(*<1&8*V%)1&C$#L'01&%4+"*(1

[&C$#(*<#D#&H)$"0%)1&0$#J1)*(1&9*.#&51&%9?V)#Q1(#&C.#)(#&%9.#'"&'"#$1&V$)#"'01&L$S#)1
T#&'1)1$?&51&.*(*5#&*+.#&')1&L%&\$D#81X&#&(#&5?C?&L%&B%"%$#X&*/?/*D#5?Q*&'#D%&C$#L%)1&\#L#$
*&-?9$%)(*0&;%'#('01&).#'"*&9$/%&'?&"#D%&?)1.1&')%51&4%$1/1i&/#&4.1D1&3$0J*&(#&\$D#8*
/(#D%X&L#&D?&51&')#0*&P.#(&4.#Q#%&C%L*+81&4%&L?0#"&(#&C.#)?
 &T#&*'"%0?&51&C$#(*<#&*+.#
L%&-$*(1X&b*D#&*&=%$#P1X&(#&'1)1$?&L1.*D*P(%&L%&!#)1&*&[(1&T*0#LX&(*&4$1&(*&4%'.1X
9%'#('0#&L$S#)#&(*51&*D#.#&"%.*0%&4$%'"$#('")%&(*&"%.*0?&'(#C?&-?9$%)#P0#&Y14?9.*0#X
)1$?5?Q*&L#&'1&H)$"0%&?&C.#)(%D&/#L%)%J*%&*&L#&51&4%'"*C#%&?'41V1&%&0%5*D#&')#0*&P*(*.#<
"$19#&L#&)%L*&$#P?(#X&4%(?L*.#&51&H)$"0?&?&'14"1D9$?&A7&E$1+181&51&L%(1"%&6
'14"1D9$#GX&L#&4%'$1L?51&*/D1>?&81C#&*&0$#J#&!*C*'D?(L#&H)$"0%&'1X&D1>?"*DX&(#L#%&*
(%)*D&L%9*<*D#&j1.1%&51&L#&')#0#0%&L%9*51&5%+&*&\#L#$&H$#S*%&51&?&"%5&#0<*5*&*&'#$#L8?
=.1"#0#X&#.*&'1&%"?L&81C%)#&4%(?L#&%L9*.#&U)#(&o$#(0%4#(&?'"?4*%&51&6&5?.#&A7&3#).?
\$*('0%D&C$#L&!.?8&[&?C%)%$?&51&4$1L)*>#(#&*&D%C?Q(%'"X&L#&'1&3#).1&4%L)$C(1&H)$"0?&'#D
*.*&L#&9?L1&4$*'*J1(&(#&"%


`4#'(%'"*&51&9*.%&51L*(%&%L&"?$'0*V&?/(1D*$#)#8#&[&-?9$%)(*0?&51& &5?.#&*&A&L1<1D9$#
A7&*&,&D#$"#&A&9*.%&$1+1(%&4$*D*"*&')1&K.#V1&0%5*&91S1&'&4%$%L*<#D#&*&'"%0%DX
#.*&0%5*&'?&91/&%$?S5#&H$19#&*V&'4#'"*&*&'D*$*"*&/9%C&C.#'*(#&0%51&'1&4$%(%'1
 &3$)%
$1+181&*/$1P(%&4%D*81&L#&J?L*&91S1&*/&'"$#V#&%L&H?$#0#
B%.*0%&51&H)$"0%)&?C.1L&*&C.#'&4%$#'"#%&)*L*&'1&(#59%J1&4%&%)%5&P*81(*<*&B#L&D?&51&?D$.#
S1(#&-%$%"15#&%(&51&4$1C%)%$1&/#&(%)?&S1(*L9?&)%L*%&'#&#?'"$*'0*D&)%5)%L%D&R.9$1V"%D&IIIX
L#&L%9*51&81C%)?&0Q1$&`(&51&"?&)1/?X&0%5#&51&?&;1P?&9*.#&.14%&4%/L$#)J1(#X&V"1%X&4%&')%5
4$*.*<*X&4$)1('")1(%&'&"%C#X&L#&9*&(#+#%&(%)&%'.%(#<&?&9%$9*&4$%"*)&0$#J#&!*C*'D?(L#&[
.1"%&A7&4$1C%)%$*&%&"%D&9$#0?&9*.*&'?&(#P1.(%&L%)$+1(*&H)$"0%&51X&%9#)1+"#)#5?Q*
=.1P#(1X&(?L*%&Y14?9.*<*&L#&51&L%)1L1&?&9.*S?&)1/?&'#&)%5)%L%DX&#&?&*'"*&D#V&51&*
%4%D*8#%&[&%)%5&'*"?#<*5*X&4%$?P*)#%&51&%(X&J?L*&D%$#5?&L#&'1&%4$1L1.1X&51$&4$*5#"1J*
51L(1&'"$#(1&4%'"#5?&(14$*5#"1J*&L$?C1
 &=1>?"*DX&4%P1"0%D&A&C%L&5#)*+1&'1&*/C.1L*X
L#&'1&%L(%'*&H)$"0%)*&*&'#&!*C*'D?(L%D&/(#"(%&4%4$#)1&[&-?9$%)(*0?&'1&,&5#(?#$#&A
$1+*.%X&L#&B.*D1("&M?P1"*Q&%L1&H)$"0?&*&L#&D?&*/5#)*&$#L%'"&/9%C&L%.#'0#&?&;%'(?
4%'.#(*0#&D#>#$'0%C&0$#J#X&0%5*&51&'"*C#%&L#&4$1C%)#$#&%&D*$?X&*&L#&*D&4%(?L*&L?9$%)#P01
?'.?C1

R.*X&?'$1L&"*V&)1Q#8#&*&4.#(%)#X&0$#J#&H)$"0#&51X&?&41L1'1"&L$?C%5&C%L*(*X&/#L1'*.#&(1(#L(#
'D$"&%0%&6&D#$"#&A
&B#%&+"%&51&'D$"&<#$#&-?+#(#&4$1'10.#&)1.*0*&4%.1"&!$9*51X
*'"%&51&"#0%&*&H)$"0%)#&'D$"X&%91&(1%P10*)#(1X&4$1'10.#&*&%)#5&'D1.*&*&.14*&/#D#V&;%'(1
-%"#L#+8*&?'41'*&9*.*&'?&4%'"*/#)#(*&)1.*0*D&L1.%D&*&8*V%)%D&.*P(%D&)$1L(%+Q?i&'
8*D#&51&'#V$#81(#&*&%(#&*&)1.*0*&#?"%$*"1"&0$?(1&*&).#'"*&0%5?&'?&%(*&4$1"'"#)J#.*
]*V%)%&)1.*0%&L1.%&(*'?&4$*V)#"*.1&/#&8&L%$#'.1&$?01i&*&-?+#(%)&*&H)$"0%)&(#'.1L(*0


 

 @
9*.1&'?&'#D%&'1(01&8*V%)*V&%9#'5#(*V&N*C?$#
B#0)#&51&9*.#&.*P(#&1(1$C*5#&H)$"0%)#&4%0#/#Q1X&?/&')1&%)%&+"%&51&(#4$1L&*/(1'1(%X&5%+&*&%)#
L)#&4$*D1$#&!"#(%)(*<*&%9.#'"*&B%.#&%0%&K$9#'#&91V?&'1&J?"%&/#0$)*.*&*&?P*(*+1&D1>?
'%9%D&'1L#D&0$)*&H)$"0%&*V&/9%C&"%C#&F')1&$#/#C(#&*&/1DJ?&/#$%9*FX&#&'1.%&?'"?4*&S?4#(?
K?0D*$?&!1D0%)*Q?&*&81C%)%5&9$#Q*&H)$"0?&*&!"14#(?
&-?9$%)P#(*X&*#0%&'?&?&4%'.1L81
)$1D1&9*.*&L%9$%&'#&H)$"0%DX&(*'?&'1&'D1.*&(*&?'?L*"*&L#&%L&81C#&/#"$#S1&D#&0#0#)
"1$*"%$*5#.(*&?'"?4#0&R&"10&+"%&51&%(&'0.%4*%&%P*X&)1Q&?&D#$"?&A&%(*&'?&4%P1.*
4$1C%)%$1&'#&).#'"1.%D&!#(0%)*Q*D#X&L#&%L&8*V&L%9*5?&B%(#)J1&'#&C$#L%D&!%0%.%DX&*
!#(0%)*Q*&'?&?+.*&?&4%C%L9?X&(1&%'1Q#5?Q*&)*+1&P)$'"1&$?01&0$#J1)1
\#&$#/)%5&9%'#('01&"$C%)*(1&H)$"0%&51&4%L*C#%&L)1&(%)1&.?01X&?&;$+"#(*0?&*&T%)%D&3%P1%&51
'")#$#81&9%'#('01&N.%"1&;*%&51&/#4%P1%&*&0%)#81&(%)%C&"*4#&9%'#('0*V&L*(#$#&*
4%.?L*(#$#&R.*&0#'(*51X&P#0&(*&0#%&0$#JX&H)$"0%&(*51&$#/)*5#%&')%5?&0%)(*<?&*/&(#D#&L%'#L
4%"4?(%&(14%/(#"*V&*&P#0&(14%5DJ*)*V&$#/.%C#
&]1C%)#&(%)<#&%P?)#(%&51&?%4+"1
$1.#"*)(%&)$.%&D#.%X&+"%&/(#P*&L#&C#&')#0#0%&(*51&(*&9*.%&D(%C%
B#%&*&!$9*5#&?&)$1D1&=*.?"*(%)%X&"#0%&'1&*&;%'(#&/#&)$1D1&H)$"0%)%&(#$%P*"%&$#/)*.#
/#V)#J?5?Q*&)1Q%5&10'4.%#"#<*5*&9%C#"*V&'$19$(*VX&%.%)(*V&*&9#0#$(*V&$?L(*0#&?&/1DJ*
H)$"0%&51&?&"%D&4$#)<?&4%'"?4#%&4%&?/%$?&')%5*V&$#+0*V&'?'1L#&*&4$1D#&4%P1"%D&$#L?&')%C#
'"$*<#&U/L#)#%&51&$?L(*01&)1+"*D&L?9$%)#P0*D&C$#>#(*D#X&0%5*&'?&D?X&4%&?")$>1(%5&4$#0'*X
L#)#.*&L1'1"*(?&4$%*/)%L81&*.*&(#5#D&%"'10%D&H#0%&51&A, &C%L&*/L#%&/#&27&.*9#$#
'$19$#&'$19$1(*&$?L(*0&`'"$?S(*<?&0%L&o%5(*<1&51L(%D&L?9$%)#P0%D&L$?+")?X&0%D1&'?
C.#)(*&P.#(%)*&9*.*&!#'*&:#('&*&T*0%.#X&31"$%)*&'*(%)*&:#('&51&P#0&")$L*%X&L#&D?&51
H)$"0%&L#%&F   & 
&&† ñF
&T#$%P*"%&9%C#"%&*&P?)1(%&$?L#$'0%&D1'"%X
10'4.%#"*'#(%&5%+&%L&Y*DJ#(#X&91+1&!$19$1(*<#&[&8%5&'1&A6,&C%L&(#.#/*&F5#0%
L?9$%)#P0%&(#'1J1FX&0%51&51X&(1'?D8*)%X&C.#)(*&/#0?4(*0&`.%)%&51&L%9*.%&')%51&'$4'0%&*
.#"*('0%&*D1&r  &4%&')%5%5&C.#)(%5&$?L*X&0%5#&'1&)#L*&?&)1Q%5&D1$*&"10&%L&H)$"0%)#
)$1D1(#&E%L&A@&'?&P1+Q*&4%D1(*G&-$?C*&%.%)(*&$?L(*0&91+1&?&B#D1(*<*X&0%5#&51
4$%$#L*.#&*'"%&"#0%&0#%&*&`.%)%&?&H)$"0%)%&L%9#

B#%&*&'$4'0*&).#L#$*&!$1L81C#&K10#X&*&H)$"0%&51&*D#%&')%5?&'"%0?&*&"$C%)#%&51X&4$10%&')%5*V
D.#>*VX&*&'#&8%D&*&'#&81(*D&4$%*/)%L*D#&&#4$*.#&A@@&L%/)%.*.%&'?&?&-?9$%)(*0?
4$%"%)1'"*5#$?&H$*4*X&L#&D%S1&?)1'"*&?&C$#L&*/)1'(?&0%.*P*(?&0$#J1)#&'*$#X&*&F#0%&D%S1
*/)1'"*&(10#&'1&*/)1L1X&#&#0%&(1&D%C(1&*/)1'"*&D%S1&*V&*/(1"*&*/&-?9$%)(*0#&*&L#"*&L#&'1
%L(1'?&*.*&%L)1L?&CL1C%L&V"1L(1F&U'"%D&H$*4*&9*.#&51&C&A@&'#%4+"1(#&L?9$%)#P0#
%L.?0#X&L#&Q1&D?&'1&L%/)%.*"*X&L#&%L& 777&0$#J1)*V&'*$#<#&4%.%)*<?&D%S1&*/)1'"*&'.%9%L(%
XX& &&  & &  F&-$?C%D&4$*.*0%D&*/)%/&51&9*%&'.%9%L#(&91/&'4%D1(#
0%.*P*(1
 
H)$"0%)&L)%$X&(#$%P*"%&%L&4$%C.#'#&0$#J1)'")#X&9*%&51&4?(&L)%$5#(#&*/&$#/(*V&%9.#'"*
81C%)1&L$S#)1&U/&Y#+01&51&*D#%&.%C%N1"#&K.#L%5#i&*/&:$)#"'01&91+1&U)#(&:%$)#"i&.#"*('01
4%)1J1&A7&4*+1&D?&-?9$%)P#(*(&=*V#*.%X&*/#9$#(*&9*'0?4&0(*('0*i&?&-?9$%)(*0&*L1
0#%&81C%)&4%'.#(*0&U)#(&!4.*Q#(*(i&81C%)&4$%"%)1'"*5#$&51&B%"%$#(*(&H$*41&;?Q#&*/
4%/(#"1&).#'"1%'01&4%$%L*<1&]1C%)#&S1(#&51&9?C#$'0#&4$*(<1/#i&(#&81C%)%D&L)%$?&S*)1
P.#(%)*&e?9*Q1)1&V$)#"'01&4%$%L*<1&3$1C%)#$#%&51&'&0$#J1D&K?0#+*(%D&*&9*%&4$*5#"1J
0(1/#&b#/#$#X&#&')#0#0%&51X&0#%&'$4'0*&0$#JX&*D#%&L%'"#&.*<#&*/&!$9*51&%0%&'191&;*.%&51X&?/
"%X&'&)$1D1(#&(#&)$1D1&*&(10*V&D#>#$'0*V&.*<#&H%&(*51&?(%'*.%&'#D%&$#/(%)$'(%'"&(#P*(#
S*)%"#&*&+*$*(?&)1/#&*&4%C.1L#X&(1C%&')#0#0%&*&?"*<#51&$#/(*V&'$1L*(#&*&0?."?$#&;%'(#&(1
%'"#51&)*+1&?&')%5%5&4.#(*('0%5&?'#DJ1(%'"*X&(1C%&4%'"#51&%9.#'"&S*)%C&4$%D1"#&*&(%)*V
%$*51("#<*5#&!&H)$"0%D&51&%(#&L%9*.#&'#')*D&(%)&/#D#V&*&(%)1&)*L*01
B%.*0%&'?&;%'#(<*&$#/)*.*&')%5&/(#P#5&/#&H)$"0%)#&)$1D1(#&4%0#/?51&?&L%9$%5&D1$*&.*'"#
8*V%)*V&J?L*X&0%5*&'?&%L&A7A&C%L&4$*DJ1(*&0#%&L?9$%)#P0*&C$#>#(*&H#0)*&'?X&(#
4$X&Y#50%&=*.0%)*QX&T%)#0&K?0%51)*QX&:$18#0&:*(#"%)*Q&*/&!$19$1(*<1X&M$C?$&*&!1(0%
9$#Q#&=*.#"%)*Q*&*&K?0+#&-*L#.*Q&*/&T1$1")1X&T*0%.#&3$*9*(%)*Q&*/&K1P1$*Q#X&=*V%51


 

 @2
Y#"0%)*Q&*/&T1)1'*8#X&=*.#'&Y#L%D*$*Q&*/&3%L)*'%0%CX&c*)%51&H)$L%51)*Q&*/&b?01X&31"#$
`'"%5*Q&*&;$#"%+&h?40%)*Q&*/&;$+"#(*0#
B$#J&H)$"0%&51&(#5)1Q*&).#L#$&9%'#('01&L$S#)1X&0#%&+"%&51&-?+#(&9*%&$#+01&3#$#.1.#
*/D1>?&8*V&(#D1Q1&'1&*/&)*+1&$#/.%C#&`9%5*<#&'?X&(1D#&'?D81X&*/?/1"(1&4%5#)1X&0%51&*
?'41'*D#&*&.*P(%D&)$1L(%+Q?&%L'0#P?&%L&')%5*V&4$1"V%L(*0#&T1D#8*Q*&'?&9*.*&L#$%)*"*
J?L*i&"#&0?Q#&51&L#.#&!$9*D#&(10%.*0%&.*<#&0$?4(*V&$#/D1$#X&0#%&+"%&'?&9*.*&T1D#8#X&!)
!#)#X&!"1)#(&3$)%)1(P#(*X&=*.?"*(&B%"$%D#(*Q*&(#D&(*'?&"%.*0%&*("*D(%&4%/(#"*X&#.*&*
D1>?&8*D#&!"14#(&II&4%0#/?51&'4%'%9(%'"*&)*+1C&'"141(#&-?+#(&*&H)$"0%&*D#5?&%L&8*V
(#'.1>1(1&(1&'#D%&"1&<$"1&L#$%)*"1X&*'"*('0*&F)%L1Q1F&4%$%L*<1X&(1C%&*&)1Q&'"#9*.*/%)#(?&*
10%(%D'0*&%'(#S1(?&L$S#)?&T#'"#)J#5?&*&*/C$#>?5?&L1.%&0%51&51&9*.%&L%9$%&*&P)$'"%
4%'"#)J1(%&Y#/)*5#5?Q*&C#&%(*&'?&4%0#/#.*&*&'(#C?&')%C&L$S#)(%C&%$C#(*/D#&0#%&*&')%5?
.*P(?X&*&?'41.*&'?&L#&.*P(*D&#?"%$*"1"%D&%L$S1&?&'"1/*&*&')%51&%$C#(1&*&'#$#L(*01&*&"?>1
1.1D1("1&0%51&'?&L%9*.*&?&'#'"#)&L$S#)1&!#D%X&*&H)$"0%&*&-?+#(&4$1+.*&'?&L#.10%&%0)*$
L$S#)1&0%5*&'?&(#'.1L*.*X&*&"%&(1&'#D%&4%&%9*D?&(1C%&*&4%&0#$#0"1$?&`9#L)%5*<#&'?
'")%$*.*&(#&"1D1J*D#&'"#$%C&(1+"%&(%)%&*&%'%91(%X&(1+"%&+"%&"%5&")%$1)*(*&L#51&%91.1S51
P*'"%&8*V%)1&0%(<14<*51
-?+#(&51&'")%$*%&51L(?&<#$1)*(?&0%5#&(*51&9*.#&'$4'0#X&(1C%&D1+%)*"#X&#&'#'"#)J1(#&*/
!$9#X&M$0#&*&R$9#(#<#&]1C%)#&51&(#5)1Q#&D1"#&9*.#&L#&%')%5*&d#$*C$#L&*&L#&9?L1&(#'.1L(*0
81C%)1&*D41$*51&d#$&0#%&"#0#)X&).#L#$&;#.0#(#X&#&(1&'#D%&')%5*V&!$9#&[&"%5&0%(<14<*5*
4%'"%5#.%&51&)*+1&/#D1"#0#&L%<(*51D&/.?&!$4'0#&N*/*P0#&'(#C#&(*51&9*.#&L%)%J(#&L#&"%&')1
"$#5(%&%L$S*X&(#$%P*"%&#0%&8%D&9?L1&?4$#)J#%&P%)10&'.#9*51C&L?V#&*&D#81&.*P(1
'4%'%9(%'"*&!$4'0#&'(#C#&9*.#&51&5%+&D#81&'4%'%9(#&L#&"1&%9.#'"*&%L$S*&L?V%)(%&M$P0*
1.1D1(#"&9*%&51&4%&0?."?$*&5#P*&%L&'$4'0%CX&*D#%&51&L?C1&L?V%)(1&"$#L*<*51&*&9*%&51&')1'"#(
')%51&0?."?$(1&(#LD%Q(%'"*&-?+#(%)#&10'"1(/*)(%'"&9*.#&51&'#D%&)#$0#&'(#C1&*&(1'?D8*)%
4$1&81(#&'.#9%'"&(1C%&5#P*(#&e"#&'?&L#.10*&f4*$&*&H1'#.*5#&D%C.*&L%4$*(1"*&/#&5#P#81
!$9*51&*&0#L&'?&!$9*&D%C.*&L%'41"*&L#&"#D%&$#/)*5?&')%5&?"*<#5“
H)$"0%)#&0%(<14<*5#&9*.#&51X&?&0%.*0%&'1&"%&'#&')*D#&$1/1$)#D#&/#&!$1L8*&K10&?%4+"1&D%S1
$1Q*X&(#<*%(#.(*5#&*&?&D(%C%D&'")#$(*5#&;%'(#&51&*D#.#&<1("$#.(*&4%.%S#5&?
'$4'0%V$)#"'0*D&/1DJ#D#&*&9*.#&51&?&D%C?Q(%'"*&L#&(#&%9#&0$*.#&%9?V)#"*&%9#&(#+#
4.1D1(#X&!$91&*&:$)#"1&!)1&4%L$?P51&0%51&51&H)$"0%&(#'.1L*%&*&L%9*%&*D#.%&51X&'1D&?
4$*D%$'0*D&C$#L%)*D#X&'#D%&(#+&(#<*%(#.(*&1.1D1(#"&H)$"0%&51&L%9$%&%'1"*%&"#5
C1%C$#N'0*&/(#P#5&;%'(1&`(&51&4$)*&4%P1%&#0"*)(%'"&4$*).#P18#&'?'1L(*V&%9.#'"*
9%'#('0%5&L$S#)*X&0#L&'?&%9#&L$?C#&4.1D1('0#&P*(*%<#&9*.#&'4$1P1(#&L#&$#L1&'#D%'"#.(%X
0#%&:$)#"*X&*.*&/#?/1"#&L$?C*D&4*"#8*D#X&0#%&!$9*&`P1)*L(%&51X&L#&H)$"0%)&4.#(&*&?'41V
(1&9*&9*.*&D%C?Q*&?&L%9#&S*)%"#&-?+#(%)#&*&b#5%+1)#i&#.*X&'&L$?C1&'"$#(1X&"%&4%0#/?51&L#&51
H)$"0%&/(#%&'V)#"*"*&')%51&)$1D1&*&')%5?&?.%C?&?&81D?&]1C%)%&'")#$#81&51L(1&4$#)1
'$4'0%V$)#"'01&L$S#)1X&/#D*+J1(1&'&4%P1"0#&)*+1&"1$*"%$*5#.(%&(1C%&(#<*%(#.(%X&51L(#&51
%L&(#5'*D4#"*P(*5*V&'"$#(*<#&(#+1&V*'"%$*51i&4%$1L&"%.*0%&P*(*.#<#&0%5*&'?&$#/L)#5#.*
!$91&*&:$)#"1&%(&51&9*%&L#%&51L(%&$1+181X&0%51&9*&*V&'*C?$(%&4$*9.*S*.%&[P1+Q1&:$)#"#&?
0%'%)'0%5&9*<*&$1P*"&51&L%0#/&?&"%D&4%C.1L?
;%'(#&'1&(*51&$#/)*5#.#&0#%&4.1D1('0#&L$S#)#X&(*"*&51&0$%/&P*"#)&^Ia&)10&*D#.#&4.1D1('0*
0#$#0"1$&]1(%&'"#(%)(*+")%&P*(1&!$9*&*&:$)#"*X&4$#)%'.#)(*X&0#"%.*<*&*&9%C?D*.*i&%(#X
4$1D#&"%D1X&(*51&9*.#&(*&4.1D1('0*&(*&)1$'0*&V%D%C1(#&Y#/)*5#.#&'1&4%L51L(#0%&*&(#&$#P?(
'"#$%C&V$)#"'0%C&4%'1L#&(#&/#4#L?&*&(#&$#P?(&'$4'0%C&(#&*'"%0?&;%'(#&51&"*4&L$S#)1&0%5#
*'0%$*+Q#)#&(#54$1&')%5&4%C%L(*&C1%C$#N'0*X&#&4%'.1&*&')%5&4%C%L(*&4%.*"*P0*&4%.%S#5
`(#&'1X&'0%$%&4$*$%L(%D&10'4#(/*5%DX&$#/)*5#&*&L*S1&%L&?'01&S?41&L%&)1.*01&0$#J1)*(1
K$.%&51&/(#P#5(#&P*81(*<#&L#&;%'(#&L%&')%51&0$#"0%"$#5(1&V1C1D%(*51&?&5?C%'.%)1('0*D
/1DJ#D#&(*51&L%+.#&4%'.1&L?C1&*&?4%$(1&9%$91&'#&')%5*D&5?C%'.%)1('0*D&'?(#$%L(*<*D#X
0#%&+"%&51&9*%&'.?P#5&'#&'"#$*D&C$P0*D&L$S#)*<#D#X&(1C%&51&"%&'"#81&(#'"#.%&0#%&4$*$%L(#
4%'.1L*<#&'"*<#5#&4%.*"*P0*V&4$*.*0#


 

 @,
T1?C$%S#)#(*&%L&!$9#&*/&Y#+01X&#&?&9%J1D&4%.*"*P0%D&4%.%S#5?&%L&:$)#"#&?&%L(%'?&4$1D#
=#>#$*D#X&;%'#(<*&'?&'1&%P?)#.*&?&')%5*D&4.#(*(#D#&(1*'"$%+1(*&*&'#&%'1"(%D&$#'(%D
')1S*(%D&]*V%)%&4%L$?P51&9*.%&51X&?/&$#+0%X&1"(*P0*&*&$#'(%&51L(%&%L&(#5P*'"*5*V&!"#$*
).#+0*&'"%P#$*X&0#%&*&?&Y#+0%5X&9*.*&'?&L%&^Ia&)10#&4%"4?(%&'.#)*/*$#(*&*&'D#"$#.*&'?&'1
4%"4?(%&0#%&(#+&1.1D1(#"&;%'#('0#&L$S#)#&51&?&')%D&'.?S91(%D&(#/*)?&*&*(#P1&/#L$S#.#&/#
'191&"?&.%0#.(?&%/(#0?X&*/91C#)#5?Q*&L#&'19*&L#&4.1D1('0%&5#'(%&%91.1S51&[&^III&)10?X
*'"*(#X&9#(&T*(%'.#)&51X&?&')%5*D&?C%)%$*D#&'#&-?9$%)(*0%DX&$#/.*0%)#%&*/$1P(%&')%51
4%L#(*01&0#%&!$91&%L&-?9$%)P#(#&*.*&K.#V#X&#.*&'1&"#0)*&4$*D1$*&?&^Ia&)10?&)*+1&(1
4%(#)J#5?&;%'#(<*&'1&/%)?&'#D%&F;%+8#(*F&*&FL%9$*&;%+8#(*Fi&"#0%&*&(*0#0%&L$?0P*51
`(*&4*+?&Q*$*.*<%Di&&(*51L(#&4%)1J#&*/&9%'#('01&L$S#)(1&0#(<1.#$*51&(*51&(#4*'#(#
(*"*&51&*/*+.#&?&L$?C%D&4*'D?X&&*&/#&"%&'1&4*'D%&/(#&*&0#S1&L#&51&'$4'0%X&#.*&"%&'1&(1&'D#"$#
0#%&(10#&(#$%P*"#&4.1D1('0#&0#$#0"1$*'"*0#&(#$%L#&H10&0$#J&H)$"0%X&4%'"#)+*&0$#J&?
Y#+0%5X&0#S1&/#&'191&L#&51&L%9*%&4$1'"%&FD%5*V&4$#$%L*"1J#X&C%'4%L1&'$4'01F&!.*P(1&4%5#)1
(1L%)%J(%&$#/)*51(1&(#<*%(#.(1&')1'"*&*D#D%&?&"%&)$1D1&*&0%L&%'"#.*V&(#$%L#&f)$%41&_#0
0%L&o$#(<?/#X&(#C.#+#)#&51L#(&*'"$#S*)#PX&F')1'"&%&$#/(*D&4%0$#5*('0*D&4$*4#L(%'"*D#X
D1>?&0%5*D#&(#$%P*"%&%+"$%&*/L)#5#5?&3$%)#('#.<#X&(*51&L#.#&L#&'1&?&^a&)10?&$#/)*51&')1'"
%&)1.*0%N$#(<?'0%5&/#51L(*<*F&T1&?/*D#5?Q*&'#')*D&%L$1>1(%&(*&'$4'0*&(*&V$)#"'0*
4.1D1('0*&0#$#0"1$X&#&9*)+*&4%&')%D&'"#(%)(*+")?&'$4'0%V$)#"'0#X&;%'(#&51&*&D%C.#&L%Q*
(#&D*'#%&L#&4%'"#(1&0#%&C1%C$#N'0%&*&4%.*"*P0%&'$1L*+"1&51L(1&)1Q1&'$4'0%V$)#"'01
C$?4#<*51&e"%&'")#$&(*51&?'41.#&51L#(&51&$#/.%C&(#C.#&H)$"0%)#&'D$"X&#&/#"*D&*&%4+"*&'.%D
9#.0#('0*V&L$S#)#&H%&51&L%9#&0#L&'?&'1&*&'")%$1(1&)1.*01&L$S#)(1&/#51L(*<1&$#'4#L#.1
?'.1L&N1?L#.*'"*P0*V&<1("$*N?C#.(*V&"1(L1(<*5#&\#"*D&*&?'.1L&L$S#8#&0$#J#
!*C*'D?(L#&*&D#>#$'0%C&L)%$#X&0%5*&(*51&'V)#"*%&L#&9*&P#0&/#&9?L?Q(%'"&*&'4#'&=#>#$'01
9*.#&0%$*'(*5#&5#0#&D#&*&'#D%'"#.(#&;%'(#X&(1C%&'.#9#&*&$#'"$/#(#&`(*&'?&"$#S*.*&'#D%
"#0)?&;%'(?X&0%5#&9*&'1&51L*(%&4%0%$#)#.#&8*V%)%5&)%J*

 
&†&„&-*(*Q#X&3$*.%/*&^IIIX&6,&h&B%)#P1)*Q&(1"#P(%&5&")$L*%&L#&!"14#(&F(*51&*D#%
D?+01&L1<1F&;(0&K*.#X&7X&,,
 
&M.#'(*0&\1D&=?/15#&^aIIIX&7,X& 7@ 7X& ,,
 
&I X& 7


&q X&^IIIX&A 
 
& &a¿ ˆ&   ˆ&€  &7X&A
  
&!4%D1(*0X&^IX&Ai&„&3?<*QX&!4%D1(*<*&'$4'0*&IIX&;*%C$#L&@,X&AX&x   ¿
€   X&^IIX&,6
 
&h&!"%5#(%)*QX&!"#$1&'$4&4%)1J1&IX&6
 
&!$&a&t  ˆX&l
 &y X&,@i&r
& &IIX&X&€  &77X&7
 
&~
 X&IIIX&6
 
&x  &€  &^IIX&A72&3%).#'"*<#&51&4%(%)J1(#&*& &D#$"#&A2,&I X&AAA
 
&M.#'(*0&\1D&=?/15#X&^aIIIX& A6@
 
&x  &€  X&^IIX&A,6
  
&M.#'(*0X&^aIIIX& 
 

&r
&l
X& 
  
&M.#'(*0X&^aIIIX& 6
  
&x  &€  X&^IIX&AA2


 

 @6
 
&~&¼ ÜyX&q &y &s
 &l
 
X&AAA 
 
&I &AA,6&Ä&V$%(%.%C*5*&'$&U&Y?)#$<#X&M.#'(*0X&aIX&2,&'&%&!$&O*$1P10X&U'"%$*5#&!$9#X
IX&A7&H#.%<*&?/*D#&?&')%5*D&q &AA,&0&L#"?D&)C&?C%)%$&A2X&L%0&?&*'"%5&08*/*X
,X&*&M.#'(*0&^aIIIX& 6X&'"#)J#&*'"*&L%C#>#5&F)1$%)#"(%F&?&A26&C%L*(?&m&  &~ &I
&½ X&… &@@ X&7X&(1&/(#&&%)*D&L%C#>#5*D#&(*+"#
 
&†&&"%DU&Y?)#$<#X&M.#'(*0X&aIX&,@&Î ‡ ˆX&T %51&a¿ ˆX&   ˆX& X& 
 
&x  &€  X&^IIX& @7 
 
&I & @2,&Ä&81C%)?&L%P10?&?&-?9$%)(*0?&„& 
X&II&A7&O&Y#L%(*QX
-?9$%)#P0#&#0"#&*&4%)1J1&IX&77
 
&†&=*.%+#&\1P1)*Q#X&Y#"%)#81&K%5*'.#)#&K%5(%)*Q#&'#&-?9$%)(*0%D&;1%C$#LX&7@
x &x&s   X&x  &y&~ &I&vX&&,,67X&7,6
  
&h&!"%5#(%)*QX&'4&LX&,6&m  &⼠&
&r   &^I^X&2
 

&„& 
&IIX&7@
  
&O&H#L*QX&3*'D#&*&?4?"'")#&-?9$%)#P01&Y14?9.*01&IX&;1%C$#L&A2X&6A
  
&„& &IIX&@7
 
&†&&l X&@A7
 
&I X& ,6
 
&„ & 
&IIIX&,,X&,X&6&x  &€  X&^IIIX&@6@X&7i&w&H#L*QX&'4&LX& 
 
&s&zÀ X&†&   
& X&I^X&6X&l&@ X&7A&„& 

 X&^^^aX&66i&^^^aIX&6@X&@
 
&x  &€  X&^IIIX&@
 
&x&Î  X& 
 &
  &€  &@@X&@A 
  
&Ä&"%D$#"?&'$&$#'4$#)J#81&U&Y?)#$<#X&'4&LX&AAi&/#"*D&x  &€  X&^IIIX&26i
:?91$X&'4&LX&A&3%'19(#&'"?L*5#&%&%)%D&o&e*+*Q#X&M.#'(*0&\1D&=?/15#X&^aX&7AX&A
A2
 

&~
 X&IaX&€  &@6 X&6 
  
&M.#'(*0X&^aIIIX& 6@X& A@ 7&x  &€  X&^IIIX&,6&Ä&"1+0%Q#D#&K.#"0%)*D&&(%)*D
4%'1L%DX&&x  &€  X&^IIIX&@A7i&M.#'(*0&^aIIIX& 7
  
&t&O*$1P10X&:?D'0#&).#'"1.#i&l&W%$%)*QX&3$*.%/*&4$%?P#)#8?&(#$%L(1&4%1/*51&aX&A@X
2A,i&l&31"0%)*QX&!"#$*(1X&AX&27i&O&H#L*QX&3*'D#&*&?4?"'")#X&A
 
&„& &IIIX&@X&,
 
&I X& 
 
&„&-*(*QX&M.#'&~^^^aIX&,
 
&z&Î ‡ ˆX&T %51&a¿ ˆX&@
 
&O&H#L*Q&'4&LX& ,6
 
&~
 X&IaX&@ 
  
&„& X&IaX& 2
 

&I X&,,X&6
  
&I X&7 
  
&„&3?<*QX&!4%D1(*<*&¯9'0*&IX&;1%C$#L&@2@X&,i&h&!"%5#(%)*QX&'4&LX&IX&27


 

 @@
 
&h&!"%5#(%)*QX&!"#$1&'$4'01&4%)1J1X&6 
 
&M$?91$%)&4$*0#/&!#(0%)#&L$S#8#&(1+"%&&L$?0P*5*&%L&(#+1CX&#.*&D#81&)1$%)#"#(&vX
&67X&,,6
 
&†&„&-*(*Q#X&`&T*0%.*&R."%D#(%)*Q?&;1%C$#L&AX&@&*&L
 
&O&H#L*QX&3*'D#&*&?4?"'")#X&@,
 
&„& X&IaX&77&†&O*$1P10X&U'"%$*5#&!$9#&IX&AA&U'"*X&).#'"1.#&V?D'0#&(#
(#"4*'?&?&K1.*P#(*D#&M.#'(*0&\1D&=?/15#X&IaX&@
 
&-?9$&L$S&#$V*)X&~&&‚
&IX&‚&AX&A
  
&M.#'(*0&\1D&=?/15#&aIX& 2
 

&x  &€  X&^IaX& @i&27
  
&p&z  X&A,
  
&x  &€  X&^IaX&@7&†&x &w&l  ˆX&z ¿ & 
 &^~IX& 7
 
&m&¼  X&a &&
 & &
 & 
  &vX&@,7X&IIX&
 
&  X&'4&LX&AAi&t&U$1P10}X&U'"%$*{&(#&;}.C#$*"&†N*{X&27&…&ƒ&q 
 X
s
 & &l  &IX&~ y &@X&62
 
&x  &€  X&^IaX& 27
 
&†&&"%D%4+*$(1&L?9$%)#P01&*/)1+"#51&0%L&O&H#L*Q#X&'4&LX&7
 
&m  &⼠&
&r   X&^I^&@6X&2i&O&H#L*QX&'4&LX&7A
 
&m&l
X&A@
  
&„&-*(*QX&'4&LX&A
 

&„&3?$0%)*QX&R)*8%('01&4#41&*&'$4'01&/1DJ1X&@,X&D*'.*&L#&51&H)$"0%&D%C#%&9*"*
4$#)%'.#)(*&4%C.#)*"%&/#&"%X&+"%&'1&0$?(*'#%&/#&0$#J#&(#&C$%9?&')&!#)1&T*51X&D1>?"*DX
?/1%&L%)%J(%&?&%9/*$X&L#&51&"%&0$?(*'#81&?&!$9*5*X&/#&'$4'0%C&0$#J#X&9*.%&(1&4$*)#"(#&(1C%
5#)(#&'")#$&*&L#&'&"%C#&)1$'0*&D%D1(#"&?&"%D&4*"#8?&"$19#&<1(*"*&L$?0P*51&T&Y#L%5P*Q
4$*D#&3?$0%)*Q1)?&'?D8?X&L#&51&H)$"0%&9*%&0#"%.*0X&#.*&(1&L#51&/#&"%&(*0#0)*V&9.*S*V
$#/.%C#&M.#'(*0&'0%4'0%C&T#?P(%C&-$?+")#&I^^X&A,X&A@@&K1Q&51&B&O*$1P10&?&m  &‚º

&r   &^I^X&2,X&?4%/%$*%X&L#&51&H)$"0%)& 
&*&4%'.1&4$%"%)1'"*5#$&9*%&L%<(*5*
0#"%.*P0*&9*'0?4&Y#"0%&K&B.#5*Q&D*'.*X&L#&'1&<$0)#&!)&U.*51&(#.#/*.#&?&U.*(<*D#X&?
+*L'0%D&0%"#$?X&?&>#0%)#P0%5&L*51<1/*&a
 &y&  &IIX&77X&72,&H?&*&%&S1(*L9*
H)$"0%)%5
  
&h&!"%5#(%)*QX&!"#$1&'$4'01&4%)1J1X&6 
 
&I X&7,
 
&„&-*(*QX&'4&LX&AA6
 
&H#L*QX&'4&LX&A2,
 
&=&-*(*QX&M.#'&†^~aIIX&AX&A2 2
 
&U'"%$*5#&!$9#&IIX&@2
 
&o&O?0*Q&(1D#&4$#)%&0#L&")$L*X&L#&&H)$"0%&?/1%&*D1&!"1)#(#&4%&'"$*<?&€ 
&

 &l
&€  &@2X&72
 
&!"%5#(%)*QX&!"#$1&'$4'01&4%)1J1X&62@A&!$&!"&!"#(%51)*QX&M.#'&†aIX&AX&, 
 
&r
&l
X&2,


 

 @


&m  &⼠&
&r   &^^^IIIX&&
 
&„& X&IaX&6@


&I X&,7


&I X&6@


&I X&,2X&X&6X&@X&7X& 2&`&%)*D&%L(%'*D#&)&x &ƒ&» ˆX&s &t &&
 7&l&s  ‡X&2&*&LX&'&4?(%&C$1+#0#


&I X&@


&s  ¼ ÜyX&x   &   & À  & 
&& & 
l
&@@6X&@ i&„& X&IaX&AX&H#L*QX&'4&LX&A@,


&„& X&IaX&


&„& &IaX& 


&x  & X&A,



&M.#'(*0&\1D&=?/15#X&I^X&@@X&@A&*&L


&†&&(%)<?&H)$"0%)#&0#%&9#(#&h&B%)#P1)*Q#X&;%'#('0#&K*.#7X&,,6&3$)%&0%)#81
H)$"0%)#&(%)<#&4%P*81&%L&A,2&C%L&†&t&O*$1P10#X&m  &‚º &
&r   &^I^X&2@
 
&†&z&Î ‡ ˆX&a
 &y&  &aIIX&X&@
 
&~
 &IaX&@6
 
&T#$1L9#&'1X&(#$#)(%X&(*51&D%C.#&'"$%C%&4$%)1'"*&!&"%C#&'1&L%4?+"#.%X&L#&%L&')#0%C
"$C%)#P0%C&L$?+")#&D%S1&%'"#"*&4%&51L#(&P.#(&H$C%)<*D#&?&-$*51)?&4%$?P*.%&'1X&L#&*D#5?
9*"*&'4$1D(*&L%Q*&?&-?9$%)(*0&F & && &
 &&v
& & &

F&-?9$
L$S&#$V*)&v‚&^^IaX&‚&,
 
&-?9$&L$S&#$V*)X&v‚&^^IaX&‚&@7X&X&2X&@@
 
&s&s  X&~&€&& & 
 & &l ‡  &q &@X&7
 
&†&w ¿X&x &

 

X&6
 
&~
 &IaX&@@
 
&v‚&^^aX&‚&6,X&2


&m&l
X& 
 
&v‚&^^aX&‚& AX& @


&!"%5#(%)*QX&'4&LX&@A2


&q 1&^IIIX& 


&Y#L%(*QX&'4&LX&A,


&~
 &IaX&2X&77X&7A


&I X&7,6X&77


&m  y&
 &

&IIX&A,


&~
 &IaX& 2&3%'"%5*&51L(#&(1L#"*$#(#&H)$"0%)#&4%)1J#&*/L#"#&F4%L¯&!4.¯S1D¯&?
\1"*F&!"%5#(%)*QX&'4&LX&@A&t0&'1&?&8%5&4%D*81&4%4&Y#"0%X&0%5*&51&%L&A@A&C%L&4%'"#%
0$#J1)&4$%"%)1'"*5#$X&"%&51&O*$1P10&4*'D%&L#"*$#%&4$1&"1&C%L*(1&m  &⼠&
&r   
^^^IIIX&@6


&¼  &wX& & & 
yè&^X& 26@&`4#"&"%4.*P0*&"?S*%&'1X&L#&51&/9%C
C$#91S#&*&4J#P01&;%'#(#<#X&L#&9*&%9(%)*%&<$0)?X&D%$#%&/#.%S*"*&"$*&'1.#&`9$#P?(&&&"%D


 

 7
9*%&6&D#$"#&A&†&&l X&@ 2



&h&!"%5#(%)*QX&'4&LX&@,@&M&_$1D%+(*0&D*&'0$1Q1&4#S8?&*&D*'.*X&L#&&"%&9*%&'#D%
*/$#>1(&4$1L.%C&/#&'#)1/X&#.*&L#&"#&4%)1J#&(*51&'#(0<*%(*'#(#&!$&%)?&%L.?0?&-?9$%)#P0%C
lQ&[D%J1(*V&%L&A&5?.#&A@6F& 
&&  & È
&& 

&È

  
&


&

& & & & 


& &
 & 
&
È&&   &

 

&&
  &   &  
& 
& È & & 
& &
 & F
v‚  
&^^aIIX&‚&66


&I&t   ˆX&w &  &†  X&x  &&q  &I&€  &@,X& A

 
&s&~ X&„ &
 & &¼  &a &,6AX&AA &†&91.1+01&3#).#&3#).%)*Q#X
a
 &y &  &aIX&7 X&


&…y &s
yèX&„ &  & À&y&m ‹ &IIIX&l
&@6,X&,,,6


&s&zÀ X&†&   
& &I& X&l&@A X&  7


&q &^IIIX& 6


&„ X&AA 7


&I &A 


&-?9$&L$S&#$V*)X&v‚&^^aIIX&‚&6

 
&`&"%Dq&ƒ X&~ & & &

&  & &v


&€  &@@AX& @i&t
O*$1P10&&O&Y#L%(*QX&U'"%$*5#&!$9#&IIX&7i&D%5&B$#J&H)$"0%X&6,6&-?9$%)P#(*&'?&7&#)C?'"#
A@@&9*.*&$1+*.*&4%'.#"*&51L(%C&')%C&P%)10#&F&qX&&¼  F&-?9$&L$S&#$V*)X
v‚&^^aII



&-?9$&L$S&#$V*)X&v‚&^^aIIIX&‚&6

 
&-?9$&L$S&#$V*)X&v‚&^^aIIIX&‚&6

 
&„ X&A A,


†&m&`.1'(*<0%CX&M.#'(*0&!0%4&T#?P&-$?+")#&^IaX&A2X&@ 


&-?9$&L$S&#$V*)X&v‚&^^aIIIX&‚&6&[&51'1(&A&(%)1D9$#&*'"1&C%L*(1&4%0.%81(%&D?&51
27&41$41$#&I X&‚&@


&z&Î ‡ ˆX&q  
0& 
&IX&6X&7


&;%'#('0#&)%5'0#&(#.#/*.#&'1&(#&.1)%D&0$*.?&†&T1+$*5?&?&4$1)%L?&M.&f.1/%)*Q#X
;$#'")%&^^^IX& 7X&26


&†&l&=#0?+1)X&M.#'(*0&'$4&?P1(%C&L$?+")#X&^^^IIX&6A2i&h&B%)#P1)*QX&M%L*+8*<#X
^X&@@@X&2A&-?9$%)#P0*&#(#.*&0#S?&p& &  &&
&&&É&&¼  X&É&&l

X
 É&‚& &
&!4&L& @&Ä&H)$"0%)%D&'"#)?&4$1D#&0%'%)'0%5&9*"<*&)&„&-*(*Q#X
M.#'&†~^^^IIX&A,6


M%L*+8*<#X^X&A77&†&&Y#L%5P*Q#X&ƒ X&IX&X&AA6&x &„&l X&Ft
F
~ 
&26X&&L%'"#&4$%D#+1(%C&w&H#L*QX&r & X&,@

 
&a&t  ˆX&t ¿ &y &z  &€  &7X&6@7



&~
 &IaX&,@

 
&a
 &aIX&A 

 
&~
 &IaX&6 2


&v&~‡ ˆ&l ˆ& & ˆ&t  &€  &@7X&7 


&~
 &IaX&@7


 

 


&„ X&A27


&~
 X&IaX&@7


&3%)1J1&0%L&U&B?0?J1)*Q#X&w &IX& A6


&~
 &IaX&@A i&q &^IIIX& 

 
&a&t  ˆX&m&t   &€  &6X&2



&„& &
 &x   &^^^aX&7,@

 
&-?9$&L$S&#$V*)X&v‚&^^aIIIX&‚&@@&^^I^X&‚&6

 
&~
 &IaX&@2


&-?9$&L$S&#$V*)X&v‚ &^^I^X&‚&6,


&3%C$1+(%&2&N19$?#$#&?&(#5(%)*51D&L1.?&b&K%5(%)*Q#X&
 &&x  &IX&r

A X& 6




&z&„  
X&„&
 X&,6


&†&»&¼  X&s 
 &€&„y&^aIIX&72X&6&h&B%)#P1)*QX&;%'#('0#&K*.#X
^^aX&7X&,,


&O&H#L*QX&'4&LX&@6


&†&O ¿X&x &

 

&&l  &&q &&l


 &r &@6&l
!0#$*QX&!"#$%&$?L#$'0%&4$#)%&*&"1V(*0#&?&!$9*5*&*&;%'(*&;1%C$#LX&A&H$#C%)*&'"#$%C
$?L#$'")#&M.#'(*0&\1D&=?/15#&^~aIIX&A2

 
&O1L#(&H)$"0%)&'4%$&$#L*&(10%C&L*#D#("'0%C&4$'"1(#&4%D*81&„&-*(*Q&?3$*.%/*D#&^IIIX
6A2


 

 

" 
%&$ 
H)$"0%)&(#'.1L(*0&4%'"#%&51&81C%)&'*(%)#<&*&(10#L#+8*&9?("%)(*0&>(3&!#L&51&)1Q&9*%
P%)10&?&C%L*(#D#&h?L*&'?&%L&$#(*51&4%/(#)#.*&81C%)?&.*P(?&)$1L(%'"&*&%LD#VX&%L&4$)%C
P#'#&81C%)1&).#L1X&(1&4%0#/?5?&4$1D#&81D?&D(%C%&+"%)#8#&[&"%D&4%C.1L?&)$.%&51
0#$#0"1$*'"*P(%&4%(#+#81&-?9$%)P#(#&_*D&'?&P?.*&L#&51&(1'"#.%&5#01&.*P(%'"*&H)$"0%)1X
0%5#&51&P)$'"%&L$S#.#&')1&0%(<1&?&')%5%5&$?<*&*&4$1D#&0%5%5&'1&(*51&'D1.#&?P*(*"*&%")%$1(#
(1.%5#.(%'"X&%(*&'?&9*.*&(#P*'"%&L#&Q1&?&/1DJ*&(#'"#"*&(10*&4%$1D1Q#5*&*&L#&Q1&"%&9*"*
)$.%&4%L1'(#&'*"?#<*5#&/#&8*V&L#&51&*'0%$*'"1&U'"*&L#(X&0#L&51&'"*C.#&)1'"&%&'D$"*
H)$"0%)%5X&6&D#$"#&AX&%(*&'?&$1+*.*X&L#&?4?"1&')%51&4%'.#('")%&0#'"1.#(*D#&B%(#)J#&*
!?"%$*(1&*&L#&*D&4%(?L1&')%51&?'.?C1&?&'.?P#5?&0#0)*V&(14$*.*0#&[&*'"%&)$1D1&%L.?P*.%
'1X&L#&'1&4%+#J?&J?L*&?&B%"%$&*&?&%'"#.?&-#.D#<*5?X&0%5*&Q1&'#)1"%)#"*&"#D%+81
'"#(%)(*+")%X&L#&'1&4%(%)%&)$#"*&?&)1$(%'"&D#>#$'0%D&0$#J?

&!1D&"%C#X&6&D#$"#&*/L#"%
51&%).#+Q181&$10"%$?&*&=#.%D&K1Q?&L#&D%C?&P*(*"*&$#/(1&*/L#"01&F & X& &
 &v
F&3%+"%&9*&'1&-?9$%)P#(*X&%4$1/(*&)&4.#+J*)*X&?'?L*.*&/#&H)$"0%)#
)$1D1(#&L#&?P*(1&51L(?&"#0%&%P*C.1L(?&(1*'4$#)(%'"&4$1D#&*("1$1'*D#&81C%)1&L$S#)1“&B#L
"%&'#L&P*(1X&(#&'#D?&)1'"&L#&81C#&(1D#X&%(L#&/(#P*&L#&'?&9*.*&?)1$1(*&L#&-#9*+#&(*51
L%$#'"#%&(%)%5&'*"?#<*5*&*&L#&(*51&.*P(%'"X&4$1D#&0%5%5&%(*&D%$#5?&*D#"*&')*V&4%"$19(*V
%9/*$#
U'"*&"#5&L#(X&6&D#$"#X&-?9$%)P#(*&'?&%L.?P*.*&*&L#&'"?41&P*D&4$1&?&4$1C%)%$1&'&9$#Q%D
!#(0%)*Q*D#X&S?4#(%D&;1J#0%D&*&)%5)%L%D&Y#L*P1DX&*&L#&%L&8*V&0?41&B%(#)J1&/#
4$%+*$181&')%C&?'0%C&L$S#)(%C&4%L$?P5#&:"1.*&'?X&?/&"%X&L#&4$%+*$181D&/1DJ*+"#
4$%+*$1&*&')%5?&).#'"&*&%91/91L1&')%5&"$C%)#P0*&4?"X&0%5*&51&(#&"%D&4%L$?P5?&9*%&P1'"%
?/(1D*$#)#(&FB%D*'*5#F&/#&9$#Q?&!#(0%)*Q1&4$%P*"#(#&51&*&?')%51(#&A7&D#$"#X&#&4$1C%)%$*
'?&4%P1.*&$#(*51&!#&;1J#0%D&*&Y#L*P1DX&0%51&'?&'D#"$#.*&0#%&4$*5#"1J1X&-?9$%)P#(*&'?&%L
$#(*51&S*)1.*&L%9$%&-%/)%J#)#.*&'?&*DX&L#&*/)%/1&'"%0?&4$10%&8*V%)#&4%L$?P5#&E(1&')?GX
P*(*.*&'?&*D&4%0.%(1X&#&7&#)C?'"#&A7&L#"#&*D&51&*&0?Q#&?&-?9$%)(*0?X&?&0%5?&'?&D%C.*
?)%/*"*&91/&<#$*(1&S*)%"(1&(#D*$(*<1
 &`P1)*L(%&51X&L#&"#0)?&4%C%L9?X&0%5#&51&*+.#
4$%"*)&*("1C$*"1"#&81C%)1&L$S#)(1&"10%)*(1X&H)$"0%&(1&9*&(*&?&0%D&'.?P#5?&%L%9$*%&-%9$%
4.#Q1(*X&!#(0%)*Q*&'?&9$/%&4$*'"#.*&L#&')$+1&4#/#$&'#&Y14?9.*0%D&*&2&#4$*.#&A
*/L#.*&'?&)1Q&*&4%)1J?&%&"%D&[&"%5&4%)1J*&!#(0%)*Q*&'?&(#+.*&/#&4%"$19(%&L#&L%0#/?5?X
0#0%&'?&V?D'0#&*&$#+0#&C%'4%L#&F0$*)*(%D¯F&4%'1.#&B%(#)%'0?&j?4?X&0%5#&51&(10#L
4$*4#L#.#&-?9$%)(*0?&F*&9+1&D?&4.1D1(*"%&"#&S?4#F&-#&4%4$#)1&"#5&"%9%S8*&C$1V
4$%+.%'"*&*&L#&'1&%L?S1&Y14?9.*<*X&0%5#&51&4%D#C#.#&8*V%)#&%<#&!#(0#X&%(*&%L.?P*+1&L#
4$1L#L?&-?9$%)P#(*D#&<1.%&B%(#)J1&*&K*"#J*(?&/#51L(%&'#&")$L*D&C$#L%D&!%0%.%DX&#&L#
*D&'"#(%)(*+")%X&#0%&?'"$19#X&'*.%D&(#"1$#5?&?&L?9$%)#P0%&4%L#('")%&U&¨ã1&¨91Q#)#D%&'1
%4Q*(*&*&).#'"1.1D¯&C$#L#&-?9$%)(*0#&P?)#"*&)%.#&¨9#$%)#"*&*&9$#(*"*&S?4?&*&C$#L¯
!%0%.¯&*&D'"#&)*+1&4*'#(#&¨L#&)'#0%C#&/.#F
 &2&D#5#&*'"1&C%L*(1&*/L#%&51&)%5)%L#&Y#L*P
!#(0%)*Q&4%'19(?&4%)1J?&-?9$%)P#(*D#X&0%5%D&*D&L%/)%J#)#&'.%9%L(?&"$C%)*(?&(#&')%D
4%L$?P5?&;$#"&81C%)&;1J#0&9*%&51&?&"%&)$1D1&"1+0%&9%.1'"#(&*&?&D#5?&A&-?9$%)P#(*&'?
'.#.*&')%C#&.10#$#&L#&C#&4%0?+#&'4#'"*

H#5&#0"&9$#Q1&!#(0%)*Q#&*&%)#0)%&4%(#+#81&-?9$%)#P01&Y14?9.*01&L#5?&(#5$1P*"*51
')1L%P#('")%&%&(%)%D&'"#8?&?&;%'(*&T1&4*"#5?Q*&0$#J#X&)1.*0#+*X&(#&')%5?&$?0?X&'#&51L(*D
).#L#$'0*D&C1'"%D&%"?>?5?X&*'"*(#X&')%51X&#.*&?&'")#$*&*&L$S#)(%&4%L$?P51&H%&51&)*L#(&*&9$/
4%P1"#0&%LD1"#8#&9%'#('0*V&)1.*0#+#&%L&#4'%.?"(1&).#'"*&).#L#$1)1&`(*&4%'"#5?&?&')%5*D
?S*D&%9.#'"*D#&4$#)*&C%'4%L#$*X&(1&"$41Q*&"?&(*P*51&D1+#81X&*&(1&D#$1Q*&D(%C%&0#0%&Q1&"%
L#&'1&4$*D*&(#&0$#J1)'0%D&L)%$?&[&%)%D&4%C.1L?&4$%<1'&$#'"$%5#)#8#&4%P*81&L#&*L1&?
;%'(*&9$S1&(1C%&51&P#0&9*%&?&[$%+1)%5&!$9*5*


 

 A
`)#5&4%'"?4#0&9$#Q1&!#(0%)*Q#&(#*+#%&51&(#&(1C%L%)#81&?&;%'(*&-)1&)1$(1&)%5)%L1
H)$"0%)1X&P?)1(*&K.#"0%&K?0%)*Q&*&0(1/&3#).1&Y#L1(%)*QX&?4#L%+1&?&L1<1D9$?&A&C%L&?
%9.#'"&9$#Q1&!#(0%)*Q#X&4#&Y#L*P#&?V)#"*+1X&#&%9.#'"&D?&4%L1.*+1&D1>?&'%9%D

[P*(*.*&'?&"%&'*C?$(%&'#&4$*'"#(0%D&0$#J1)*DX&0%5*&'1&D%$#%&%'1Q#"*&4%C%>1(&"%D
(14#S8%D&*&')%5*V&)#/#.#&*&L?9$%)#P01&C%'4%L1&R.*&*D&"?&4%L1.?&0$#J&*4#0&(*51&4%")$L*%
4%'19(%D&4%)1J%D&`LD#V&51&Y#L*P#&L#%&9#<*"*&?&"#D(*<?&-?9$%)P#(*&'?&'1&/9?81(*
4%S?$*.*&L#&L#$?5?&4%91L(*01
&!#D%&"#&4%4$#)0#&51L(%C&(1/#0%(*"%C&L1.#&(*51&D(%C%
*/D1(*.#&%4+"1C&4$%<1'#&!#(0%)*Q1&Q1&L%'0%$#&/#D1(*"*&L$?C#&).#'"1.#&'.*P(*V&"1S8#&*
%'%9*(#&#&D1"1S&Q1&')#0*&L#(&4%'"#5#"*&')1&)1Q*&#&')1&'4.1"1(*5*
B#%&?&-?+#(%)%5&!$9*5*X&*&?&;%'(*&4%51L*(#&).#'"1.#&C$#9*&*&L$S*&)$.%&)1.*01&%9.#'"*&?
')%D&4%'1L?&*&"*DX&4%&'"*<#5?&4$*.*0#&#&4'*V%.%+0*&%4$#)L#(%X&L%9*5#5?&')1&)1Q1&4$%V"1)1
*&4%(#+#81&D#.*V&L*(#'"#&`9.#'"&Y#L1(%)*Q#X0%5*'1&4%&%<?&Y#L1(?&O#9.#(*Q?&/%)?&*
O#9.#(*Q*&*&O#9.#(%)*Q*X&V)#"#&%L&K$V9%'(1X&4$10%&Y%D#(*51X&L%&(#&-$*(?&0%L&o%P1X&#
%L#".1X&4%'.1&4%91L1&(#L&!#(0%)*Q*D#X&'*.#/*&L%&B%(#)J#&[&4%$%L*<*&)%5)%L1&K.#"0#
K?0%)*Q#X&*/&9$#"'")#&B%'#P#&?&3%L$*8?X
&(#.#/*.#&'1&?&"%&)$1D1&*'"%P(#&V?D'0#&%9.#'"X
0%5?&51&L$S#%&81C%)&'*(%)#<&!#(L#J&:$#(*Q&B$#5&*/D1>?&d1"*(1&*&T1$1")1&L$S#.*&'?
Y#L*)%51)*Q*X&%L&0%5*V&51&c?$#>&9*%&(#$%P*"%&?C.1L#(&`(&51&?/1%&/#&S1(?&K.#L*0?X&0Q1$
-#9*+*(1&0Q1$*&!"#(1
&:$)%51&K?0P*Q&).#L#&%9.#+Q?&/#4#L(1&;%'(1&%L&b#+)1&*&K$9#81
L%&!#(1&*&L%&L#.D#"*('01&C$#(*<1&3$#)#&0$#J1)#&/1DJ#&?&'$1L*+"?&;%'(1&D#8#&51&%L
8*V%)1i&*&'&"%D&(*51&(*0#0)%&P?L%X&+"%&0$#J&4%'"#51&')1&)*+1&/#)*'#(&%L&8*V&*&#&+"%&D%S1
L#&'1&%L$S#)#&(#&4$1'"%.?&'#D%&"#0%X&#0%&'1&(1&'")%$*&)1.*0#+0#&0%#.*<*5#&4$%"*)&81C#
-#9*+?&'?X&?&4$)*&D#VX&4%D#C#.1&')1'$L(%&)%5)%L1&81C%)#&4%0%5(%C&'"$*<#&H?$<*&'?&4%'.1
B%'%)#&?/(1D*$#)#.*&P1+Q1&'1)1$(1&*&/#4#L(1&%9.#'"*&T*0%.#&M%$5#('0*&51X&0#S1&0$#J
!*C*'D?(LX&9$#(*%&=#P)?&*&D#>#$'01&C$#(*<1&%L&H?$#0#&*&!$9#&)*+1&4?"#&Er &¼ 
&
v
 

&  & 

 & &
 & 
&
&&  &
  &
&
  G
&B#L&'?&?&/*D?&AA&C%L&4$%)#.*.*&H?$<*&F(#4$#'*"%F&?&;%'(?X&*&"%
F4.¯(#&D%Q¯&)%*'01&"?$#P01FX&-#9*+#&51&(#&P1.?&')%51&).#'"1.1&0$1(?%&?&9%5&*&?'41%&51&L#
H?$01&$#/9*51&FT#+*V¯&)*$(*V¯&'$¯P#(*D¯&"$?*1(*1D¯&$1P1(?&)%*'0?&"?$#P0?&4%9*'D%&*
4%L¯&D#P¯&%9$#"*'D%&*&C.1L#V%D&(#+*D#&%P*D#X&CL1&(#+*&)*$(*&4%.*)#V?&')%1&')*".%
%$?S*1&0$¯)Û&"?$#P0%D¯F&H?&'1&(#$%P*"%&*'"#0#%&)%5)%L#&:$)%51X&0%5*&51&0#%&(#C$#L?&/#
V$#9$?&*&)1$(?&'.?S9?&L%9*%&%L&0$#J#&B#0#8&*&:$#'"
&;$#"&:$)%5*(X&K?0X&*&'#D&:$)%51
L%9*.*&'?&D#.%&4$1&"%C#X&6&5?.#&AX&%L&0$#J#&b#L*'.#)#&(#/*)&V$)#"'0%L#.D#"*('0*V
9#(%)#&H#0%&51X&9$/%&*&?&)1.*0%5&D1$*X&%LD#V&%L&4%P1"#0#&).#L#)*(1&0$#J#&-#9*+1X&'0%P*%
5%+&)*+1&/(#P#5&*&?C.1L&4%$%L*<1&:$)#"*(*Q#X&#&(#$%P*"%&#0"*)(%C&)%5)%L1&:$)%5#
 
-$?C#&5#0#&.*P(%'"X&0%5#&'1&?&"#5&D#V&5#)J#&?&;%'(*X&51'"1&V?D'0*&)%5)%L#&!#(L#J&:$#(*QX
'*(%)#<&'.#)(%C&H)$"0%)#&)%5'0%)%>1&K.#"0#&K?0%)*Q#X&0%5*&91+1&?D$%&(1CL1&'$1L*(%D
A&C%L*(1

&K.#"0%&'1&$#/9%.1%&?&4$%.1Q1&A&-?9$%)P#(*&'?&$1+*.*&A7&D#5#X&L#
8*V%)&.10#$&R.91$"*(&%L1&L%&81C#&*&L#&C#&.1P*X&#.*&.10#&(*51&9*.%
 
!?L9*(#&!#(0%)*Q#&*&-#9*+*(&?'41V&4$1D#&H?$<*D#&*D#.*&'?X&(#$#)(%X&')%C&L15'")#&*
4$1D#&-?9$%)(*0?&K*L1Q*X&L#&H)$"0%)#&/C$#L#&5%+&'"%5*&*&L#&/#'#L&(*51&*/C.1L#X&(*
D%C?Q(%'"*X&L#&'1&4%'"*C(?&0#0)*&?'41'*&D*D%&0$#J#X&4$%D1(*+1&-?9$%)P#(*&')%51
4%(#+#81&K1Q&&5#(?#$#&A&9*&$1+1(%&4%'.#"*&4%'.#('")%&0$#J?&*&0$#J*<*X&#&&D#$"#
A&%L.?P*.*&'?&(#9#)*"*&?&=.1<*D#&$%9?&/#&4%0.%(X&0%5#&51&4%&4$)%D&$1+18?&*D#.#&9*"*
?&)$1L(%'"*&L%&277&L?0#"#&=1>?"*DX&,&D#$"#&$1+*.*&'?X&L#&D?&*4#0&(1&4%+#J?&%LD#V
"$*9?"1&0%51&51&"$#S*%
 &R.*&'?&L%D#.%&*/D1(*.*&'"#)&*&4%'.#+1&(%)1&4%'.#(*01&-#9*+*X
L#&*/C.#L1&')1&(1'4%$#/?D1&*&L#&*/$#L1&4$*/(#81&')%5*V&'"#$*V&4%).#'"*<#&6&5?.#&A
*'4?(*%&51&0$#J&8*V%)1&S1J1X&L#)+*&*D&4%")$L?&4$#)#&'"1P1(*V&%L&H)$"0#&[P*(*%&51&"%&?
P#'?&0#L&'1&(#.#/*%&F)#&P1'"*"%*&)%*'<*&0$#.*1)¯'")#&D*&?&-%.¯V¯&B$#*V¯&?&b?+¯<*V¯F

T*51&(#D&L#(#'&L%)%J(%&'*C?$(%X&$#L*&P1C#&'1&0$#J&?&.1"%&A&(#.#/*%&F)#&P1'"*"%*
)%*'<*F&?&-%8*D&B$#5*D#&U'"*(#&51X&L#&'?&'1&%L&A7A&L%C#>#.*&P1'"*&*'4#L*


 

 
9%'#('0*V&P1"#&*/&"1&%9.#'"*&?&'?'1L(1&4$1L1.1&C$%N%)#&\$*8'0*VX&;.#C#5'0*V&*&"%4?'01
%4#"*51&R.*&(#D#&'1&(1&P*(*X&L#&51&0$#J1)&4?"&"#D%&?&)1/*&'&"#0)*D&0#0)*D&(#4#L%DX&0#0%&'1
'#L&D*'.*
&[&%'"#.%DX&9*.%&9*&)$.%&P?L(%)#"%&L#&'1&0$#J&.*P(%&0$1Q1&(#&"#0)?&51L(?X
P*(*&'1X&'4%$1L(?&10'41L*<*5?&*&L#&*D#&?/#&'1&P*"#)&(*/&)%5)%L#&*&0(1/%)#&9%'#('0*V&=*&'
"%C#&D*'.*D%&(#&L$?C1&D%D1("1
[&-#.D#<*5*&51&).#'"&-#9*+*(#&9*.#&4$*/(#)#(#&*'"%&0#%&*&H)$"0%)#&4%'.1L8*V&C%L*(#&H%X
+"%&51&0$#J&b#L*'.#)&*D1(%)#%&9$#Q?&K?0P*Q1&V$)#"'0%L#.D#"*('0*D&9#(%)*D#&(*51
D18#.%&(*+"#&%4+"*&4%.%S#5&3$1&')1C#X&"%&91V?&9%'#('01&)%5)%L1&*&)1$(*&'"?9%)*&0$#J1)*i
4$10%&8*VX&L#0.1X&;%'(#&(1'?D8*)%&)$+*&')%5&?"*<#5&b#L*'.#)J1)#&).#'"&51&'#D%&4%'$1L(#
*&(%D*(#.(#i&'")#$(%X&S*)1Q*&?&U"#.*5*X&%(&51&?&-#.D#<*5*&D%C#%&L#&$#L*&)$.%&D#.%X&#&*&"%
+"%&51&$#L*%&*+.%&51&'#D%&4$10%&"$1Q1C&T*51&'&"%C#&P?L%X&+"%&L#.D#"*('0*&C$#L%)*&(1
"$#S1X&?&4$)*&D#VX&L$?C1&).#'"*&'1D&-#9*+*(1&*&+"%&P#0&*&\#L$#(*&?.#/1&4%D#.%&?&)1/?&'#
9%'#('0*D&)%5)%L#D#&;#(&K?0&K?0P*Q&9#)*%&'1&6&N19$?#$#&A&.*P(%&'#&)%5'0%D&?&B#$*(?X
#&81C%)&9$#"X&0(1/&-$#C*+#X&L%+#%&51&41"&L#(#&4%"%D&?&\#L#$&;#(&K?0&9*)#&P#0&@&'14"1D9$#
A&4$*DJ1(&/#&8*V%)#&C$#>#(*(#&U/)1'(*&'?0%9*&?&-#.D#<*5*&91V?&(#'"#.*&'#D%&'#
(#'.1L(*<*D#&U)#(#&3#.*S(1&E&ß&AGX&#.*&51&')1&"1&(1$1L1&9$/%&'D*$*%&9#(&K?0&B$#J
b#L*'.#)X&0%.*0%&'1&L#&)*L1"*&*/&*/)%$#X&(*51&9*%&4$%"*)(*0&-#9*+*(&K&B.#5*Q&(#.#/*X&L#
51&%(&'#LX&*/#&'D$"*&H)$"0%)1X&S1.1%&L#&%91/91L*&/#&'191&4%'1L&:$)#"'01&*&-#.D#<*51&H)$"0%
51X&F$#L1Q*&"%9%S1&/#&81C#&?&*'"*(?&')%5%5&).#'"*&4%L.%S*%&:$)#"'0?&*&-#.D#<*5?F
&!
"%C#&L#&51&4$1D#&-#9*+*&"$19#.%&?/1"*&L$?C*&'"#)&`"?L&81C%)1&4$*)*.1C*51&*&L#$%)(*<1
D(%C*D&)1.*0#+*D#&?&:$)#"'0%5&*&;%'(*&H$1Q*&9$#"&:$)%5*(X&0(1/&-$#C*+#X&L%9*5#&?&!#(*
C$#L&!$*L?&*&'1.%&Y#9*Q&0%L&BJ?P#i&?&)$9#'0%5&S?4*&4%")$>?51&'1.#&b*4%)#<&*&!)&=#$"*(
:1$#0?&=#"*51)*Q?&*&81C%)%5&9$#Q*&*&`'"%5*&=*0P*Q?&*&81C%)%5&9$#Q*X&4%&8*V%)%5&4%'19(%5
D%.9*&EF‚ & 
 &
 &  &
 &  FGX&&%0"%9$#&A&B$#J&b#L*'.#)&51
&%0"%9$#&A&(#C$#L*%&/#&)1$(?&'.?S9?&*&9$#"'")%&3#).%)*Q#&31"$?X&F4%L)%5)%L*
9%'#('0%DF&E &ly

G&*&81C%)%5&9$#Q*&=*.%+?X&-*%(*/*5?X&U)#(?X&!"14#(?&*
;.#S?&L#%&51&(10#&D1'"#&*&/1DJ1&?&)$9#'0%D&0$#5?&*&!"#$*C$#L&?&4%S1+0%5&%9.#'"*X&51$&'1
F(*'?&?'"$?P#)#.*&*/.%S*"*&L%C#>#5*D#&'?D8*)1&'$1Q1&/#&)1$(%'"&*&(#+&4%.%S#5F
&!#D%
*/&')1C#&"%C#&D*&5%+&(1&)*L*D%&5#'(%&
&(#D1$1&b#L*'.#)J1)1&R0%&%(&?&9%'#('0%D&0$#J?
C.1L#&(10%C&')%C&"#0D#<#X&/#+"%&9*&/#&9#(%)1&?&:$)#"'0%5&*&-#.D#<*5*X&(#&"#0%&%4#'(?&D1'"?X
4%'"#)J#%&81C%)1&J?L1X&0#%&+"%&'?&:$)%51&*&K?0“&`)%&L1J181&D*.%'"*&$#/?DJ*)#&51&'")#$
b#L*'.#)&S1.*&+"%&)1Q*&9$%5&J?L*X&0%5*&9*&9*.*&/#&8X&)#(&(14%'$1L(%C&4%L$?P5#&9%'#('01
0$?(1&*.*&(#&'#D%5&81C%)%5&C$#(*<*X&#&4$%"*)&!*C*'D?(L#&]1D?&(*51&"#0D#<&-#9*+#X&(1C%
'")#$(*&D#>#$'0*&0$#J&=*X&'&"%C#X&P#0&*&(1&)1$?51D%X&L#&51&b#L*'.#)&D%C#%&9*"*&%/9*J(%
4$%"*)&-#9*+1X&D#&0%.*0%&*(#P1&%'1Q#%&L#&D?&;%'#(<*&?&'")#$*&4%L$*)#5?&`(&(*51&D%C#%
*D#"*&4%.*"*P0%C&$#P?(#X&L#&D1'"%&51L(%C&L%9*51&L)#&4$%"*)(*0#X&*&"%&4$1&(1C%&51&5%+&(%C%D
0$%P*%&(#&;#.0#(&R.*&51&)$.%&)1$%)#"(%X&L#&'?&4%51L*(#&).#'"1.#X&*/&.*P(*V&$#/.%C#X&0#%
3#.*S(*(*&(#'.1L(*<*X&C.1L#.#&L#&'1&%'*.1X&"$#S1Q*X&?&D?"(*D&4$*.*0#D#&L#&'1&*/)?0?
*'4%L&).#'"*&51L(%C&).#L#$#X&0%5*&51&9.*/#0X&4%L&"%9%S1&.1C#.(?&).#'"&L$?C%C&).#L#$#X&0%5*&51
L#.10%&Y#L*&"%C#&'1X&4%&(#+1D&D*+J18?X&P*"#)1&4$)1&4%.%)*(1&A&0$1Q?&)%5'01&?
/#4#L(%D&L1.?&;%'(1&*&$#L*&"%C#&'1&5#)J#&0$#J&-#9*+#X&'&4?(*D&#?"%$*"1"%DX&4$#Q1(
D(%C*D&)%5)%L#D#&*&0(1/%)*D#

UX&L%*'"#X&%4#'(%'"&-#9*+*&(*51&/#4$1"*.#&%L&b#L*'.#)#&(1C%&%L&0$#J#&!*C*'D?(L#X&0%5*&51X
4%'"*C#)+*&*/)1'(1&.%0#.(1&?'41V1&4$%"*)&H?$#0#X&S*)%&4$1C#%&L#&%9(%)*&')%5?&).#'"&?
:$)#"'0%5&*&-#.D#<*5*&]1C%)&4$*'"#+#X&)*+1&1(1$C*P#(&(1C%&)1+"X&91+1&U)#(&o$#(0%4#(X
D%Q(*&C%'4%L#$&V$)#"'0%C&4$*D%$5#&]1C%)#&#0"*)(%'"&4%0%.19#&*/)1'(1&J?L1&*&D1'"#
H$%C*$X&(#&4$*D1$X&2&#4$*.#&AA&(1&/(#&)*+1&/#&0%C#&L#&'1&%4$1L1.*X&*&?&51L(%5&4%)1J*
4*+1&F&  &  &  F&R.*X&?&*'"%&)$1D1X&\#L#$&4%0#/?51&9?("%)(*&'"#)&*
o$#(0%4#(&D%$#&L#&?4%"$19J#)#&'*.?&4$%"*)&81C#
B$#J&!*C*'D?(L&51&?4?"*%&51L(%&4%'.#('")%&?&;%'(?X&L#&*.*&%9(%)*&)1/1&'&8%DX&4$10*(?"1


 

 2
H)$"0%)%D&#0<*5%DX&*.*&L#&?>1&?&9%$9?&K1$%)#"(%&51&?0#/*)#%&(#&H?$01&0#%&(#&/#51L(*P01
(14$*5#"1J1X&0%51&0$#J&b#L*'.#)X&*/C.1L#X&91+1&4%/)#%&?&'#)1/&4$%"*)&!*C*'D?(L#&O1$
b#L*'.#)&51X&L%*'"#X&0$#51D&A&C%L&9*%&'"?4*%&?&)1/1&'#&;#5#/*"%DX&#&AA&'?&)%>1(*
4$1C%)%$*X&L#&'1&%(&%S1(*&'#&81C%)%D&0Q1$0%D
&K$.%&51&)1$%)#"(%X&L#&'?&(#5)*+1&$#L*.*
<$0)1(*&0$?C%)*&L#&*/D*$1&%9#&0$#J#&!&"%C#&51&0#%&D1'"%&/#&4$1C%)%$1&*/#9$#(%&c#0%)%X
'1L*+"1&9%'#('0%C&9*'0?4#&[&L$?C%5&4%.%)*(*&5?.#&AA&'#'"#+1&'1&!*C*'D?(L&*&-#9*+#X
4$#Q1(*&9$%5(%D&).#'"1.%D&=*$&51&'0.%4J1(&(#&%)%5&9#/*&L#X&)1Q&%'"#$1.*X&-#9*+#&%'"#(1
0$#J&L%&')%51&'D$"*X&#&L#&4%'.1&81C#&(#'.1L(*0&9%'#('01&0$?(1&9?L1&'#D&!*C*'D?(LX&0%5*&51
*&*(#P1&F && 
& 
F&;%'(1
&3$1D#&"%DX&*/.#/*&5#'(%&L#&51&-#9*+#X&%'"#5?Q*&?
/1DJ#D#&0%5*D#&51&).#L#%X&4$*/(#%&!*C*'D?(L#&0#%&)$V%)(%C&).#L#$#&;%'(1&*&"*D&?+#%&?&$1L
81C%)*V&)#/#.#&`&"%DX&?%'"#.%DX&*D#&*&L$?C*V&L%0#/#&-#9*+#&4%'"#L1X&?&/(#0&4$*D*$18#&*
/#&(#C$#L?X&5%+&*&S?4#(&+%D%>'0*&3$*$%L(%&51X&L#&'1&4%"%D&9%'#('0*&0$#J&D%$#%&%L$1Q*
L#J1C&4%D#C#8#&!*C*'D?(L%)*V&4$%"*)(*0#&?&-#.D#<*5*&*&:$)#"'0%5&U/C.1L#&L#&'1&-#9*+#
$1+*%&(#&%)#5&0%$#0&51L(%&*/&'"$#V#&%L&H?$#0#X&0%5*&'?&(#&;#.0#(?&4%'"#5#.*&')1&#0"*)(*5*&*
"1&C%L*(1&'$?+*.*&9?C#$'0%&"$(%)'0%&<#$'")%X&#&/#"*D&(#C(#(&*&4$*.*0#D#&?&-#.D#<*5*
!D$Q?&U)#(#&3#.*S(1&4%.%S#5&51&"#D%&9*%&%'1"(%&4%$1D1Q1(&(#&+"1"?&;%'(1&;*.%&51
')#0#0%&*&'"$#V#&%L&!*C*'D?(L%)1&#0<*51X&0%5#&51&D%C.#&L%*'"#&4%'"#"*&%4#'(#&\#&'"#81&?
;%'(*&*&D%Q&*&?C.1L&)1.*0#+#&)$.%&51&$1P*"#&"#&P*81(*<#X&L#&'?X&4%$1L&0$#J1)1&%9#)1/1X
L#)#.*&!*C*'D?(L?&')%5#&?)1$#)#8#&*&)1$(%'"*&*&4%51L*(*&0(1/%)*&*&)%5)%L1X&%L&P*51&51&)%J1
/#)*'*.%&?&0%.*0%&Q1&"#5&?C%)%$&*D#"*&?%4+"1&)$1L(%'"*&H#0)1&*/5#)1&L#.*&'?X&(#&4$*D1$X
S?4#(&K?0D*$&!1D0%)*Q&*&:$)%51&K?0P*QX&0%5*&51&"%C#&.1"#&EA&5?.#G&4%'"#%&4%P#'(*
C$#>#(*(&=.1"#0#&[&"*D&*/5#)#D#&9%'#('0#&).#'"1.#&'1&%9#)1/#.#&4$*/(#)#"*&!*C*'D?(L#
0#%&)$V%)(%C&4%C.#)#$#&;%'(1&*&4%D#C#"*&C#&4$%"*)&')*V&(14$*5#"1J#&'1D&4$%"*)&0$#J#
-#9*+1&R.*X&?&'.?P#5?&L#&'1&'#D&-#9*+#&%LD1"(1&4$%"*)&0$#J#&*&0$#J*<1&D#>#$'01X&%(*
(*'?&L?S(*&4%D#C#"*&(*&81C#X&#&(*4%+"%&(1Q1&L*Q*&')%C#&%$?S5#&4$%"*)&D#>#$'01&0$?(1
3%'.1&-#9*+*(1&'D$"*&'.?S*Q1&'#D%&0$#J?&!*C*'D?(L?&*&0$#J*<*&=#$*5*X&F
   

&
 &‚   & &&& &&
& &&& 
 &&& &
&  
&&


 
&

& &‚‚ 
F
 
`)#5&c#0%)#P0*&[C%)%$&/(#P*%&51&#4'%.?"(%&4%4?+"#81&0$#J#&-#9*+1&*&9%'#('01&).#'"1.1
0%5#&91V?&'&8*D&H%X&+"%&51&!*C*'D?(L&4$*/(#%&-#9*+*&0$#J1)'")%&*&4?'"*%&C#&L#&(1'D1"#(%
%'"#(1&(#&4$1'"%.?&L%&'D$"*X&/(#P*.%&51&)$.%&D#.%&4$1D#&%(%D&+"%&51&!*C*'D?(L&L%9*%
%91/91>1(%&4$#)%&(#'.1L'")#&4%'.1&-#9*+*(1&'D$"*&*&4$*/(#)#81&D#>#$'01&)$V%)(1&).#'"*
/#&81C%)#&S*)%"#&U/5#)#&:$)%51)#&*&!*C*'D?(L%)%&(#C.#+#)#81X&L#&51&4$*/(#"&0#%&F 

 
F&;%'(1X&(1&D%C?&#4'%.?"(%&*D#"*&L$?C%&/(#P181X&(1C%&%)%&0%51&D?&D*&L#51D%&*&0%51
*/.#/*&*/&'#D1&'?+"*(1&'")#$*

&H#0%&51X&?&%'"#.%DX&'V)#Q1(&"#5&?C%)%$&*&?&'#D%5&;%'(*
T1D#&'?D81X&L#&51&(#5)1Q*&L1%&#C*"#<*51&4$%"*)&"#0)%C&'4%$#/?D#&L%.#/*%&%L&!*C*'D?(L%)*V
4$%"*)(*0#&*/&:$)#"'01&*&-#.D#<*51X&0%5*&'?&'1&'#L&%'1"*.*&91/&4%?/L#(#&?4%$*+"#&*
4%"4?(%&%'#DJ1(*&R.*&51&9*.%&(1/#L%)%J'")#&*&?&'#D%5&;%'(*X&51$&'?&J?L*&"#P(%&?)*>#.*X
L#&'1&"*D&$?+1&')1&"10%)*(1&H)$"0%)1&4%.*"*01&*&$#L#
M.#)#&%4%/*<*51&4$%"*)&c#0%)#P0%C&[C%)%$#&9*%&51&'"#$*&4$%"*)(*0&!*C*'D?(L%)X&U)#(*+
:%$)#"&`(&'1&'14"1D9$#&D1'1<#&*'"1&C%L*(1&(#.#/*%&?&;%'(*&*&'"%5*X&?&51L(%5&.*'"*&0$#J1)1
).#'"1.1X&(#&4$)%D&D1'"?
 &R.*X&"%0%D&"1&C%L*(1&%(&4#L#&?&(1D*.%'"&0%L&-#9*+1X&*&"%
(1'?D8*)%&'&"%C#&+"%&51&?'"#%&4$%"*)&81C%)#&?C%)%$#&[&51L(%D&#0"?&%L&5?(#&A &0$#J
:%$)#"#&%91.1S#)#&0#%&F%LD1"(*0#&*&81D?&(1)1$(%CF&*&4%/*)#&).#'"*&B%$P?.1X&:)#$#&*
;$#P#X&L#&D?&4%D%C(?&J?L*D#X&N.%"%D&*&'4$#)#D#&?/1"*&%L&81C#&C$#L&`D*+X&#&F 

&   
X
‚  
&ÈÈ&
 
&&
 
& 

& &   &&  && 
 F&B(1/&U)#(&Y#L*)%51)*Q&9*%&51&(#$%P*"%&?4?Q1(&'&)%5'0%DX&L#&*/)$+*&0$#J1)?
%L.?0?&B$#51D&5?(#&%(&'1&)1Q&(#.#/*%&4%L&`D*+1DX&%4'1L#5?Q*&C$#LX&*&"#D%&'?&D?&B%$P?.#(*
?4?"*.*&51L(%&')%51&4%'.#('")%
&`'"#)J1(*&'#D*&'19*X&J?L*&:%$)#"%)*&4$1L#.*&'?&`D*+
0(1/?&U)#(?X&#&'#D&:%$)#"X&'&9$#"%D&3#).%DX&(#.#/*%&'1&(#&'1)1$?&?&")$L%D&')%D&C$#L?
-%9%$?X&'4$1D#5?Q*&'1&"?&/#&"1+0?&9%$9?&'#&=#>#$*D#


 

 ,
T#&)1'"*X&L#&:%$)#"*&$#L1&4$%"*)&c#0%)#P0%C&!4%$#/?D#&*&L#&'"*P?&4$*'"#.*<#X&%L.?P*%&'1
0$#J&!*C*'D?(LX&L#&51L(%D&/#&?)10&$#+P*'"*&'&8*D#X&L#&9*&"#0%&%91/91L*%&4%)%J(1
$1/?."#"1&4%'"*C(?"%C&?C%)%$#&K1Q&'&4$%.1Q#&A &9*.%&51&5#)(%&?&=#>#$'0%5X&L#&Q1&L%Q*&L%
$#"#X&F?&5?S(*D&'"$#(#D#&/#&/#+"*"?&L$S#)(*V&C$#(*<#F&B$#J&!*C*'D?(LX&"$#S1Q*&?&/#5#D
777&L?0#"#&%L&C$#L#&B$1D(*<#X&4*'#%&51&2&5?.#X&0#0%&'1&'4$1D#&'#&F)1.*0%D&)%5'0%D&4$%"*)
9#(#&9%'#('0%C&*&(10*V&(14$*5#"1J#&*&%LD1"(*0#&(#+1C&0$#J1)'")#F
&U&0$#J&-#9*+#X&'
"*D&?&)1/*X&4%P1%&51&')%5?&#0<*5?&4$%"*)&9#(#&U)#(*+#&`(#5&F9%'#('0*&9#(FX&0%C#&4%D*81
!*C*'D?(LX&D%SL#&51&9#(&U)#(X&#&D%SL#&*&9#(&K?0&K?0P*QX&*#0%&%9%5*<#&(1&(%'1&*/$*P(%&"?
"*"?.?&\#(*DJ*)%&51X&L#&'1&?&-#.D#<*5*&'"#(%)(*+")%&5%+&?)10&0%.19#.%&*&L#&51X&4%
4$*D1$?&H$%C*$#X&*&!4.*"&/#0J?P*%& &#)C?'"#&"1&C%L*(1X&L#&(1&'4%D*81&)*+1&*D1&(*51L(%C
0$#J#&:)#$&51X&D1>?"*DX&?&D#$"?&A &4$*/(#%&)$V%)(?&).#'"&-#9*+*(?

B$#51D&#)C?'"#&A &4$%)#.*.#&51&D#>#$'0#&)%5'0#&?&'1)1$(?&;%'(?&K%L*%&51&'#D&0$#J
!*C*'D?(LX&#&?/#&8&'?&*+.*&'"#$*&(14$*5#"1J*&:%$)#"#X&L)%5*<#&9$#Q1&M#$#X&%L&0%5*V
T*0%.#&91+1&*D1(%)#(&/#&V$)#"'0%L#.D#"*('0%C&9#(#&:%$)#"*&(1&'D1L%+1&L%P10#"*
D#>#$'0?&)%5'0?X&(1C%&'1&L#L%+1&?&91CX&#&=#>#$*&*D&?/1+1&*&$#/$?+*+1&")$L*&-%9%$&3%'.1
4%91L1&!*C*'D?(L&51&L#%&C$#L&'4#.*"*&*&4$1")%$*"*&?&4141%&E  &&& &  
  &‚ 
&&‚ FG
&:%$)#"*&'?&0#'(*51X&*/L#5%DX&4#.*&?&$?01&!*C*'D?(L?X&4#&51
U)#(*+&?&31P?5?&)1/#(&0%8*D#&/#&$14%)1&*&9*%&$#+P1$1P1(
=#>#$'0%D&4%91L(*0?&L%+#%&51&0$#J&-#9*+#X&L#&C#X&)1$%)#"(%X&?9.#S*&U#0%&51&9%'#('0*
0$#J&%'?L*%&4%'"?4#0&:%$)#"#X&!*C*'D?(L&51&(#.#/*%X&L#&"%&(*51&9*.%&L%)%J(%&1(1$C*P(%&*
L#&51&81C%)&4%0$1"&"$19#.%&4$1'1Q*&?&0%$1(?&]1C%)&'"#)X&4%'.1&%)1&4%91L1X&9*%&51&?%4+"1
L$?0P*5*&(1C%&?&c#0%)?&U#0%&'1&9*%&$#/*+#%&'#&:%$)#"%D&-#9*+#&51&(#'"#)J#%&H)$"0%)?
4%.*"*0?&?P)$+Q*)#8#&9%'#('0%C&?"*<#5#&?&3$*D%$5?&K*L1.*&'D%&)1/1&81C%)*V&J?L*&'#
\#L$%D&*&4$*D#81&*/5#)#&%L#(%'"*&%L&(%)*V&%4+"*(#&!*C*'D?(L&51&'#L&V"1%&L#&'1&'&"*D
51L(%D&4$10*(1&*&L#&'1&;%'(#&)$#"*&?&')%51&4$1L")$"0%)'01&C$#(*<1&3%L&D#>#$'0*D
4$*"*'0%D&-#9*+#&'1&D%$#%&*/$1P(%&%L$1Q*&<1.1&-#.D#<*51&*&:$)#"'01
&H#0%&51&H)$"0%)#
"10%)*(#X&'#D%&"$*&C%L*(1&*/#&81C%)1&'D$"*X&9*.#&(#&"%5&'"$#(*&4%"4?(%&?4?+"1(#&`LD#V
4%'.1&"%C#&0$1(?%&51&T*0%.#&M#$#&?&-#.D#<*5?X&CL1&51&0%L&B(*(#&$#/9*%&)%5'0?&9#(#&K?0#
K?0P*Q#&*&'")#$(%&4%'1%&P*"#)?&"?&%9.#'"&?&*D1&D#>#$'0%C&0$#J#&-#&9*&%'*C?$#%&-#.D#<*5?
%L&')#0%C&(%)%C&D1"1S#&!*C*'D?(L&?/1&%L&0(1/%)#&;.#C#5'0*V&?&/#D1(?&8*V%)#&L)#&C$#L#
B$?4?&*&`'"$%S#<X&?")$L*&*V&*&L%)1L1&?&8*V&D#>#$'0?&4%'#L?&]1C%)&4$%"*)(*0X&0$#J
b#L*'.#)X&L#&(1&9*&*/C?9*%&J?L1&*&?"*<#5X&(#'"#)J#%&51&*&L#J1&)1/1&'#&%'"#<*D#&V$)#"'01
%4%/*<*51X&#&"$?L*%&'1&L#&(1&*/C?9*&L%L*$&*&'#&:$)%51D

3$1"$41)+*&"#0%&4%'$1L#(&4%$#/&?&')%5%5&L$S#)(%5&4%.*"*<*&0$#J&-#9*+#&'1&9*%&'D*$*%&*
(*51&4%0#/*)#%&(*D#.%&)%J1X&L#&'1&?4.*Q1&?&L#J1&D#>#$'01&0$*/1X&0%51&(#'"#+1&*/#&'D$"*
0$#J*<1&=#$*51&E6&D#$"#&A2G&B#%&+"%&51&4%/(#"%&%L&$#(*51X&!*C*'D?(L&51&4%'"#%&0$#J
=#>#$'01&"#0%X&+"%&51&*D#%&/#&S1(?&=#$*5?X&0Q1$&b#5%+#&K1.*0%C&*&/#0%(*"?&(#'.1L(*<?
0$?(1&!)&!"1)#(#&T10*&%L&L%"#L#+8*V&/#"%P(*0#&4$#)#&.1C*"*D*"1"#&'D#"$#.*&'?&'#LX&L#&51
'D$Q?&=#$*5*(%D&?"$(?.%&!*C*'D?(L%)%&4$#)%&*&L#&%(*&(1D#5?&(*0#0)*V&%9#)1/#&)*+1
4$1D#&81D?&-#9*+#X&0%.*0%&'1&/(#&L#(#'X&(*51&D18#%&')%5*V&%L(%'#&4$1D#&!*C*'D?(L?&!)#
81C%)#&9$*C#&9*.#&51&'#D%&?&"%DX&L#&%L$S*&$1L&?&;%'(*&K1'"*&%&81D?&(1D#&?%4+"1&D(%C%i&#
*/&%)%C&)$1D1(#&'?&(#$%P*"%&%'0?L(1&!)1&+"%&/(#D%&"%&51&%)%&,&#4$*.#&A2&4%0.%(*%&51
')%5%5&0Q1$*&!"#(*&'1.%&K1J#01&?&:?D?X&#&4%&81(%5&'D$"*&%L$1L*%&51&L#&4$*4#L(?&0(1/?
c?$>?&Y#L*)%51)*Q?X&F)0?&)0%D#&L#&1'"¯&/#&4.1D1(*"%FX
&81C%)%D&/1"?&=#.%&0#'(*51X&6
D#5#&A2X&4%")$L*%&51&S?4#(?&K?0D*$?&!1D0%)*Q?&B%.%&0%L&-?D(#X&0%51&D?&51&4%0.%(*%
5%+&0$#J&H)$"0%X&4%+"%&51&0#/(*%&B%J#(1&$#L*&0$)(1&'D?"81&F(#&)*$*&C%'4%L¯'0%*F
&[
-?9$%)(*0?&51&2&#4$*.#&9*.%&L%/)%J1(%&0%"%$'0%5&%4+"*(*X&L#&8*V%)*&4.1D*Q*&D%C?
4$1Q*&4$10%&Y14?9.*P*(#&4%L$?P5#&9%'#('0%D&0$#J?

&U/&)1'"*&?&L?9$%)#P0%D&#$V*)?
)*L*D%&L#J1X&L#&'1&-#9*+#&?&4$%.1Q1&A2&(#.#/*%&?&;*+Q?X&)1$%)#"(%&?&;.#C#5?X&CL1&'?&C#
-?9$%)P#(*&4%/L$#)*.*&*&L#$%)#.*&4%P1"0%D&#4$*.#&`(*&'?&"%&P*(*.*&(1&'#D%&0#%&/(#0
'?'1L'01&4#S81X&(1C%&5%+&*&'&"%C#X&+"%&'?&S1.1.*X&4%?P1(*&$#(*5*D&*'0?'")%D&'#


 

 6
!#(0%)*Q*D#X&L#&*D&'#L&*&0$#J&4%D%C(1&?&0?4%)*(*&4$*D%$5#&%L&!#(L#J#&:$#(*Q#&*&0(1/#
3#).#&Y#L1(%)*Q#
&Y#L*&"%C#&'?&5%+&,&N19$?#$#&A2&9*.*&$1+*.*&L#&8*V%)*
4%'.#(*<*&*/$#L1&0%L&D#>#$'0%C&0$#J#&51L(%&4*'D%X&0%51&9*&*V&4$14%$?P*.%&0%L&-#9*+1&/#
?'"?4#81&B%(#)J#

&-?9$%)#P0%&4%'.#('")%&'#P*8#)#.#&'?&L)#&4.1D*Q#X&3#).1&M?(L?.*Q
*&!"1)#(&b?0#$*QX&#&4$#"*.%&*V&51&%'#D&0%8#(*0#&F'.?C#F&*&P1"*$*&41+#0#&-#$&(%+1(&0$#J?
9*%&51&?&)$1L(%'"*&%L&7&L?0#"#&B$#J&51&)1Q&"#L#&9*%&9%.1'"#(&*&?&-?9$%)(*0?&'1&$1+#)#.%
A&#4$*.#X&L#&D?&'1X&(#&81C%)?&4*'D1(?&D%.9?X&?4?"*&51L#(&.10#$&U/#9$#(*&O%)#(&L1
3$%4*$*%&9*%&51&F  
F&[&5?.?&4*'#.*&'?&0$#J1)%D&4$%"%)1'"*5#$?&j%$*&;%0+*Q?X&L#
*D&'1&?0*(1&(%)%&4%'"#)J1(#&<#$*(#&(#&=#'.*(*X&#&0$#51D&D#5#&*D#.*&'?&8*V%)*&4%'.#(*<*
L#&)%L1&4$1C%)%$1&*&'#&0$#J*<%DX&4%&')%5&4$*.*<*&$#L*&B%(#)J#&H#5&4$%"%)1'"*5#$&j%$1
9*%&51&-?9$%)P#(*(&*&?&)1.*0%5&D*.%'"*&0%L&-#9*+1&0%5*&C#&/%)1&F)¯/.Û9.*1(*&*&'$¯L¯P(*X
4#P1&S1&)$¯(*F&`(&51&L$S#%&?&/#0?4&<#$*(1&*&0%D%$?&9%'#('0?X&4#&51&0#%&"#0#)X&'&9%C#"*D
'$1L'")*D#X&*D#%&D(%C%&?"*<#5#&(#&L)%$?

&B#0%&'1&0$#J&%L(%'*%&4$1D#&L?9$%)#P0*D
S1J#D#&?&4%C.1L?&0?4%)*(1&4$*D%$5#&(*51&4%/(#"%&=%SL#&51&<1.?&'")#$&%L.#C#%&$#L*&')%51
9%.1'"*X&0%5#&51&"$#5#.#&4%L?S1&*&0%5#&C#&51X&(#54%'.1X&'#).#L#.#&@&'14"1D9$#&A2&?
!?"51'<*


=#>#$'0%C&0$#J#&'"*C.#&51&)1'"&%&-#9*+*(%5&'D$"*&?&f$L1J?&`(&51&%LD#V&0$1(?%&(#&5?CX&?
!$1DX&L#&%L#".1&?&;%'(*&*'0%$*'"*&')%51&4$#)%&'"1P1(%&c#0%)#P0*D&[C%)%$%D&K%5'01&0#%&L#
(*51&*D#%&'#&'%9%Di&9#$&(1&?&)1Q%5&D1$*&;%'#('0#&C%'4%L#&L*C%+1&%")%$1(%&')%5&C.#'X&L#&(1
4$*D#5?&!*C*'D?(L#&0#%&')%C&0$#J#X&%L(%'(%&L#&(1Q1&;%'(?&0#%&4$%'"?&D#>#$'0?&4%0$#5*(?
=#.*&9$%5&J?L*&91+1&/#&"%X&L#&'1&4%'"?4*&4%&?C%)%$?&=1>?&8*D#&91+1&C.#)(*&K?0&K?0P*QX
0%5*&51&"%&P*(*%&*/&P*'"%&.*P(*V&$#P?(#&S1.1Q*&L#&"*D&?9.#S*&!*C*'D?(L#&*&4%)$#"*&'"#$*
4%.%S#5&?&-#.D#<*5*&`)%C&4?"#&L%9*%&51&0#%&(#C$#L?&'#D%&C$#L&`'"$%S#<&3$1).#L#%&51X
*4#0X&?"*<#5&%(*VX&0%5*&'?&S1.1.*&'.%9%L(?&9%'#('0?&L$S#)?&B#%&C%'4%L#$&9%'#('01
0$#J1)*(1&9*&4$%C.#+1(#X&)1$%)#"(%&'#D%&4$*)$1D1(%X&0$#J1)#&?L%)*<#X&O1.1(#X&4$)#&S1(#
(#&4$1'"%.?&?&'$4'0*D&/1DJ#D#&B(1C*8#&=*.*<#X&81(#&)$+8#0*8#X&9*.#&51&'#D%
$1C1("0*8#&?D1'"%&D#.%.1"(%C&'*(#&!"1)#(#&=?+0%C&0$#J#&(*'?&;%'#(<*&9*$#.*X&4%&')%5
4$*.*<*&'&"%C#&L#&(1&*/#/%)?&%")%$1(?&9%$9?&'#&!*C*'D?(L%D&K.#L#&-#9*+*(1&?L%)*<1
D%C.#&'1&?&(10?&$?0?&'D#"$#"*&0#%&(#'"#)#0&-#9*+*(1&).#'"*&0%5?&51&!*C*'D?(L&9*%&4$*/(#%
B$#J&!*C*'D?(L&0#%&L#&'1&/#L%)%J*%&"*D&*/9%$%D&0$#J1)1&?L%)*<1&(#.#/1Q*&L#&51&"#0%X
L%(10.1X&*4#0&%L$S#(%&*&81C%)%&4$#)%&Y#"#&(*51&V"1%&L#&4%P*81X&51L(%&+"%&'1&)1Q
4$*9.*S#)#.#&/*D#X&#&L$?C%&+"%&51&*D#%&%/9*J(*V&9$*C#&*&(#D1$#&4$1D#&H?$<*D#
O%+&4$1&-#9*+*(1&'D$"*&4%.%S#5&81C%)#&/1"#&c?$>#&Y#L*)%51)*Q#&0#%&L#&(*51&9*%&'*C?$#(
-?9$%)P#(*&'?&5%+&@&#)C?'"#&A2&9*.*&$1+*.*&4%(?L*"*&C$#>#('")%&81D?&*&81C%)%5
9$#Q*X&F & &
 F&U'"%&51&"#0%&4%(?>1(%&*&K?0%'#)?&T*0%.*Q?X&L#&%(&*&81C%)#
4%$%L*<#&D%C?&L%Q*&?&-?9$%)(*0&\#&81C%)?&9$#Q?&=*.*+?&*&31"$#&%LC%)%$1(%&51&*$%(*P(%X
(10&'1&'4#'#)#5?&?&')%51&<#$*(1&F0%51&'?&4%'"#)*.*&(#(%)%X&#&0%5*V&(*51&"$19#.%&9*"*&%0%
L?9$%)#P0%C&4%L$?P5#F

&Y#L*)%51)*Q&'1&4%'.1&-#9*+*(1&'D$"*&L%*'"#&'0.%(*%&?
-?9$%)(*0&B$#J&!*C*'D?(LX&0%5*&C#&51&'D#"$#%&0#%&')%C&4$%"*)(*0#X&?/#.?L&51&"$#S*%&L#&D?
C#&Y14?9.*0#&*/L#

&B#L&51&0$#J*<#&"$#S*.#X&L#&'1&D%C%$*+&*'4.#"*&T*0%.*Q*D#
-?9$%)P#(*&'?&*/91C#)#.*&L#&"%&?P*(1X&#.*&'?&7&(%)1D9$#&A2&$1+*.*X&L#&K?0%'#)?&*
81C%)*D&(#'.1L(*<*D#&*/L#5?&4*'D%&%&C$#>#('")?
-?9$%)#P0#&Y14?9.*0#X&%9#)1+"1(#&%&L$S#8?&D#>#$'0%C&0$#J#X&')%C&)$V%)(%C&C%'4%L#$#X
?+.#&51&%LD#V&?&)1/1&'&(%)%D&0$#J*<%DX&#.*&51&S1.1.#&L#&51X&P*'"%&"$C%)#P0*X&D#.%&?<18?51
&L1<1D9$#&A2&)1Q#.%&'1&?&8*V%)%D&C$#L?X&L#&5%5&'1&(1&*'4.#"*&')1"%L*D*"#$'0*&L%V%L#0X
L%0&*D&(1&4%")$L*&')1&4$)#+81&4%)1J1

&U(#P1X&4$1D#&'#D%5&0$#J*<*&9*.*&'?&?&C.#)(%D
.%5#.(*&B#L&51&)%5)%L#&!#(L#JX&$#P?(#5?Q*&(#&')%5?&.*P(?&)$1L(%'"&*&(#&S1('0?&'.#9%'"
0$#J*P*(?X&"$#S*%&/#&'191&')1"%L*D*"#$'0*&L%V%L#0X&Y14?9.*0#&51&L?C%&'D*+J#.#&(#P*(X
0#0%&L#&C#&%L9*51X&#&(1&?)$1L*X&(#.#/1Q*X&'&$#/.%C%DX&L#&%(&(1D#&(#&"%&(*0#0)%&4$#)%&M%L
A,X&6&#4$*.#X&%LC%)%$1(%&D?&51X&L#&Q1&8*V%)&4%'.#(*0X&T*0%.#&M?P1"*QX&(#&0$#J*P*(%D
L)%$?&$#'4$#)*"*&*&"?&'")#$&[&4$%.1Q1&A,&L?9$%)#P0*&4%'.#(*<*&0$1Q?&L%*'"#&(#


 

 @
9%'#('0*&L)%$X&CL1&L%9*5#5?&0#%&4%'19(?&D*'*5?X&'#&77&41$41$#&0$1L*"#X&L#&'1&/#?/D?&*
%'.%9%L1&/#")%$#&Y#L*P#&!#(0%)*Q#X&(10#L#+81C&8*V%)#&'?'1L#&*&4$*5#"1J#X&P*5#&51&S1(#
S*)1.#&%&8*V%)%D&"$%+0?&?&8*V%)?&C$#L?&3$1C%)%$*&(#&9%'#('0%D&L)%$?&*+.*&'?&L%'"#
'4%$%X&51$&'?&-?9$%)P#(*&'&4*"#81D&%&4%")$L*&4%).#'"*<#&S1.1.*&L#&$1+1&*&4*"#81&%
?'"?4#8?&51L(%C&L1.#&4$*D%$5#&\#&"?&'")#$&D%.*.*&'?&P#0&*&D#>#$'0%C&0$#J#X&L#&%(&0%L
)%5)%L1&:$)%5#&4$14%$?P*&L?9$%)#P01&S1J1X&4#&L#&"#5&?"*P1&(#&9%'#('0?&0$#J*<?&*
)1.*0#+1
T1D#&'?D81X&4%$1L&S1(1&0$#J*<1X&0%5#&51&L%9*.#&4$1'"%&/#V)#J?5?Q*&51L(%5&)1.*0#+0%5
'"$#(<*X&4%51L*(*&)1.*0#+*&'?&'"*<#51D&4$*.*0#&D%$#.*&')1&)*+1&?/*D#"*&D#V#&*&5#P#"*
')%5?&D%Q&B$#J*P*(#&)%J#&(*51&D%C.#&9*"*&%L&5#0#&L15'")#X&*'"%&0#%&(*&81(&#?"%$*"1"&H%&'1
)*L*&)$.%&L%9$%&4%&4%'"?4<*D#&4%51L*(1&).#'"1.1&!#(L#J&:$#(*QX&0%5*&'1&%S1(*%&?&5?(?
A,&O1.1(%DB#"#$*(%DX&0Q1$5?&K?0#&K?0P*Q#X&"$#S*&/#&'191X&0#%&(10*&).#L#$
')1"%L*D*"#$'0*&L%V%L#0i&4%4%)'0#&4%$%L*<#&T*0%.*Q#X&'&0(1/%D&K?0%'.#)%D&(#&P1.?X
4%'"#)J#&'#D%'"#.(%&(%)1&<#$*(1X&0%51&"1+0%&4%C#>#5?&L?9$%)#P0?&"$C%)*(?i

&:$)%51
K?0P*QX&/1"&0(1/#&U)#(#&T1.*4*Q#X&4%'"#51&"%.*0%&?"*<#5#(X&L#&4%(10#L&%L&81C%)1&$1P*
/#)*'*&C%"%)%&')1&`(&51&/(#"(%&4$%+*$*%&')%5?&D%Q&!#('0*&0(1/&K?0#<&'D#"$#%&C#&51&0#%
')%C&C%'4%L#$#X&#&K?0#<&51&A,&C%L&*D#%&).#'"&*&?&B%/#$*

&-?9$%)P#(*&7&%0"%9$#&A,
$1+#)#5?X&)*L1Q*&8*V%)?&D%QX&L#&4.#"1&L%&777&41$41$#&9%'#('0*D&)1.*0#+*D#X&'#D%&L#&9*
*V&%L%9$%)%J*.*&/#&')%51&/#V"1)1&R&0#L&D%.1&0$#J#&D#>#$'0%C&L#&4%'$1L?51&/#&8*V&%(*
*/$#S#)#5?&0#%&S1J?&FÈ& &  &&  
&l

&  &
&v

&
 F


-#&'1&4%5#P#&'#D%')1'"&9%'#('01&).#'"1.1&L%4$*(1%&51&D(%C%&*&4%$#/&0$#J#&!*C*'D?(L#&`(
51X&'#&'5#5(%D&)%5'0%D&/#4#L(*V&)*"1/%)#X&%L?+1)J1(*V&/#&51L#(&0$'"#+0*&4%V%L&4$%"*)
F9%C%D$'0%CF&H?$P*(#X&0$1(?%&?&$#"&*&4$1+#%&?&;?C#$'0?X&L#&%L#".1&4$%L*$1&4$1D#&5?C?&R.*
2&'14"1D9$#&A,&L%P10#.#&C#&51&5#0#&)%5'0#&'#&1D*$%D&;#5#/*"%D&0%L&T*0%4%J#&*X
4%D%C(?"#&?&%L.?P(%D&P#'?&'$4'0*D&P1"#D#&0(1/#&!"1)#(#X&4%"4?(%&51&$#/9*.#&/#4#L(1
0$'"#+1&B#%&91C?(#<X&4%$#S1(*&0$#J&'4#'#%&'1&.#>%D&(*/&-?(#)X&#&%L#".1X&(#&D.1"#P0*D
.#>#D#X&4$%+#%&51&0$%/&d#$*C$#L&*&%0%.%&M$P01&?+#%&?&O#L$#('0%&=%$1X&"1&?&L1<1D9$?
L%L*$(?%&-?9$%)(*0

&3$*$%L(%&51X&L#&51&0$#J&91C?(#<&*/C?9*%&D(%C%&%L&')%C&#?"%$*"1"#
*&L#&51&).#'"1.#&L%9$%&%'1"*.#X&0#0%&Q1&81C%)#&4?(#&$1'"#?$#<*5#&/#)*'*"*&?&4$)%D&$1L?&%L
8*V&;%'#('0%5&).#'"1.*&"%&51&L%'#LX&(#$%P*"%&*/#&9*"01&0%L&-%9%$#X&9*%&(#5%4#'(*5*&P%)10i
'#L#X&%(&5%5&'1&4%5#)*%&?&'D#81(%D&%0)*$?&U&'&"%C#&%(#&L*S1&C.#)?&*&'*.*&'1&0#%&(*0#L
4$1

[&%4#'(%'"*&%L&H?$#0#X&0%5#&51&"1&51'1(*&4%'"#.#&)*+1&(1C%&%P*C.1L(#X&-?9$%)#P0#
Y14?9.*0#&/#9$#(*&2&(%)1D9$#&*/)%/&/#&!$9*5?&*&;%'(?
&=1>?"*DX&6&L1<1D9$#&A,X
4*'#.*&'?&-?9$%)P#(*&0$#J*<*&O1.1(*&*&)1'1.*.*&'1&F)¯'0$+1(*Û&0$#.*1)¯'")#&"*F

T*51&L#(#'&'#')*D&5#'(%X&+"#&"1&$1P*&*D#5?&?4$#)%&L#&/(#P1i&#.*&5#&D*'.*DX&L#&51&"%
P1'"*"#81&L%+.%&4%+"%&51&!*C*'D?(L&'#L&4$*/(#%&0$#J*P*(?&).#'"X&(1&V%"1Q*&L#&*&(#
9%'#('0%5&'"$#(*X&4%$1L&L$?C*VX&'")#$#&(%)1&(14$*5#"1J1
B$#J*P*(&4%.%S#5&9*%&'1&(10#0%&$#+P*'"*%&?&L$?C%5&4%.%)*(*&A,&C%L&-?9$%)P#(*&'?&@
#)C?'"#&9*.*&$1+*.*&L#&5%5&4.#"1&"$*9?"&/#&4$%+.?&C%L*(?&*&L#&5%5&?4?"1&.14%&4*'D%
B#/*)#.*&'?&?&81D?&L#&/#&81(?&P#'"&+#J?&"$*9?"X&*#0%&(*51&V"1.#&?0*(?"*&%(*V&<#$*(#X&0%51
'?&4%'"#)J1(1&"#D%&CL1&*V&4$1&(*51&9*.%&H%&51&#.?/*5#&(#&<#$*(1&9$#Q1&T*0%.*Q#X&4$1D#
0%5*D#&51&0$#J*<#X&0#%&'$%L(*<*D#X&*D#.#&4%'19(*V&%9/*$#&H$*9?"X&)1.1X&(1&D*'.1&L#)#"*&?
9?L?Q1X&#0%&*D&0$#J*<#&(1&4%")$L*&'"#$1&4%).#'"*<1&*&"*D&?0*(1&(%)1&%L$1L91&B$#J*P*(
*/#'.#(*0&9*%&51&c?$>1&Y#L*)%51)*QX&0%D1&'?&'1&*'"%&"#0%&"?S*.*&(#&9$#Q?&T*0%.*Q1&[
%0"%9$?X&7&L#(#X&L%(1.*&'?&%L.?0?&L#&4%+#J?&4%'.#('")%&0$#J*<*&'#&777&41$41$#
4%0.%(#X&#.*&T*0%.*Q*D#&'?&%"1/#.*&L#&L#L?&D%C%$*+&['.1L&(10*V&D1"1S#&?&/1DJ*&L#"#&51
&L1<1D9$#&L%/)%.#&0(1/?&3#).?&Y#L1(%)*Q?&*&L$?C*D&;%'#(<*D#X&L#&D%C?&'&4%$%L*<#D#
L%Q*&?&!"%(X&L%)1'"*&"#D%&')%51&J?L1&*&'"%0?X&#.*&'#D%&L#&(1&D%C?&'&8*D#&?Q*&?&C$#L



 

 
3%)%L%D&P1C#&'?&(#'"#.*&?&;%'(*&"*&D1"1S*&(*51&9#+&'#')*D&'*C?$(%X&#.*&'?&)$.%&)1$%)#"(%
?&)1/*&'#&9%$9#D#&%0%&).#'"*&*&4$1'"%.#

'
 
;%$9#&/#&).#'"&L%9*.#&51&?&;%'(*X&?&/1DJ*&*/?0$+"#(*V&*("1$1'#&*&)1.*0*V&.*P(*V
#D9*<*5#X&0#$#0"1$*'"*P(*&%9.*0&%4#0%C&?(?"$#+81C&/.#&-%0&51&4%'"%5#.#&%4#'(%'"&%L
0$#J#&!*C*'D?(L#&*&c#0%)#P0%C&[C%)%$#X&J?L*&'1&0#%&91V?&4%D*$*.*&'&D*+J?X&L#&4%D#S?
).#L?&-#9*+*(1&?L%)*<1i&'#LX&0#L&51&"#&%4#'(%'"&4$%+.#X&9#$&/#&(14%'$1L(*&P#'X&5#)*.#&'?&'1
%LD#V&(%)#&'V)#"#8#&O1L(#&'"$#(0#&?&/1DJ*&D*'.*.#&51X&L#&"$19#&*'0%$*'"*"*&(1)%J?
!*C*'D?(L%)?&*&4%'"#)*"*&(%)%C&0$#J#&?&;%'(*X&4#&"#0%&=#>#$1&'"#)*"*&4$1L&')$+1(&P*(&*
*/*C$#"*&%9#)1/1&4$*DJ1(1&?&c#0%)?&3%&`$9*(*5?X&0#%&D?+0*&0#(L*L#"&(#&4$1'"%&5#)*%&'1
H)$"0%&IIX&(1/#0%(*"*&'*(&0$#J#&H)$"0#
&-$?C*&'?&9*.*&/#&0$#J*<?&O1.1(?X&*/C.1L#
4%(#5)*+1&J?L*&)1/#(*&4%$%L*P(*D&%9/*$*D#&*&*("1$1'*D#&U'"*<#.*&'?&'1&(#$%P*"%&D1>?
%)*D#&0$#J*P*(*&'$%L(*<*&Y#L*)%51)*Q*&*&4%4%)'0*&T*0%.*Q*&`)1&51&L$?C1&4#/*%&0$#J
-#9*+#&*&(#$1L*%&51&AA&C%LX&L#&-?9$%)P#(*&8*D#&*'4.#Q?5?&'"#$*V?D'0*&D%C%$*+X&0%5*
*D&51&$#(*51&4$*4#L#%X&#&0%5*&51&0$#J&H)$"0%&I&51L(%&)$1D1&?/*D#%&/#&'191&B#L&'1&Y14?9.*0#
4%'.1&-#9*+*(1&'D$"*&?'"$?P#)#.#&L#&"1&*'4.#"1&)$+*X&/#.#C#.#&'1&)$.%&S*)%&/#&T*0%.*Q1&*
0$#J*<#&O1.1(#

H)$"0%&'1&*'"#0#%&0#%&0$#J&4%P1"0%D&4$%.1Q#&A6&3$%C.#+1(&51&)1$%)#"(%&5%+&?&D#$"?X&51$
'1&,&"%C#&D1'1<#&)1Q#.%&?&-?9$%)(*0?&L#&'1&4%+#J1&F9%'#('0%D&0$#J?F&?&'")#$*D#&L%&77
L?0#"#&B$#J&'1&4%"%D&$#/9%.1%X&*.*&51&D%SL#&9*%&$#81(X&4#&'1&&#4$*.#&$1+*.%X&L#&'1
4%+#J1&51L#(&%L&Y14?9.*P*(*V&.10#$#&F &  &l

FX&0%5**V51&/#&"%&D%.*%&H#5
.10#$X&*&%41"&O%)#(&F  
F&L%9*%&51&?&-?9$%)(*0?&0#%&(#C$#L?& 7&L?0#"#&F  &


È
&‚

& &  
&&‚  
F
 [&-?9$%)(*0?&'1&4%"%D&&5?(#&$1+#)#.%X&L#
'1&?4?"*&4%'.#('")%&F& &l
F
&H%D&4$*.*0%D&L%(1"#&51&*&%L.?0#X&L#&'1&%&"%D
4%'.#('")?&(1&4%D*81&(*+"#&0(1/?&M$C?$?&=*.#"%)*Q?X&L#&*D&(1&9*X&0#%&0$#J*P*(
4$*'"#.*<#&*&'?'1LX&(#4$#)*%&0#0)1&(14$*.*01

&[&51'1(&"1&C%L*(1&!#(L#J&:$#(*Q&"$#S*%
51&%L&-?9$%)#P01&Y14?9.*01&L#&'1&81D?&*'4.#Q?51&')1"%L*D*"#$'0*&L%V%L#0X&0%5*&51&L%".1
4$*D#%&9%'#('0*&0$#J&0#%&(%'*.#<&'$4'01&0$?(1
&H%&51&%P1)*L#(&/(#0X&L#&51&#?"%$*"1"&*
B$#J*<1&O1.1(1&*&(%)%C&0$#J#&9*%&)$.%&.#9#)X&0#L&!#(L#JX&0#%&8*V%)&)%5)%L#X&4%'"#)J#
"#0#)&/#V"1)&(#&8*V%)?&+"1"?&[&D#5?&"1&C%L*(1&0$#J*<#&51X&D#0#$&*&?&N$#/*X&?9$#5#.#
!#(L#J#X&/#51L(%&'&:$)%51D&*&3#).%D&Y#L1(%)*Q1DX&D1>?&C.#)(1&'#)1"(*01&F0$#.1)¯'")#&D*
$?'#C#&9%'#('0%C#F &[&4*'D?&?4?Q1(%D&?&-?9$%)(*0&&D#5#&0$#J*<#&(*&$1P5?&(1&4%D*81
D#&0#0)1&4$%D1(1&?&;%'(*i&(#4$%"*)&(#C.#+#)#&L#&51&F(#+1&0$#.1)¯'")%&L%9$&*&/L$#)%&*&?
L%9$&'"#(*F &-#&*/D1>?&0$#J*<1&*&!#(L#J#&(*51&9*.%&(*0#0)#&'4%$#/?D#&%&"%D&L%V%"0?
)*L*&'1&(#59%J1&4%&"%DX&+"%&51&*&%)#&%0%&2&(%)1D9$#&?4?"*.#&?&-?9$%)(*0&')%C&P%)10#X&L#
"#5&L%V%L#0&(#4.#"*&`'#D&L#(#&4%"%D&9*.%&51&$1+1(%X&L#&'1&L%V%L#0&*'4.#"*&0$#J*<*
!#(L#J&51&?&"%&)$1D1&9*%&?&$#"?&'&c?$>1D&!"$#<*D*$%)*Q1D&Y14?9.*0#&51&A&5#(?#$#&A@
L#.#&D#(L#"&')%D&P%)10?X&=#$*(?&M?(L?.*Q?X&L#&4%'$1L?51&/#&D*$&*/D1>?&8*V &!&"%C#&51
)1$%)#.#X&L#&D?&(1Q1&9*"*&0$*)%X&+"%&51&0$#J*<?&4$1"4%'"#)*.#&81D?
3$%"*)&(%)%C&0$#J#&H)$"0#&5#)*%&'1&?&;%'(*&9$/%&(%)*&0#(L*L#"X&`'"%5#&!"#$*5*&4*'<*X&'#
`$9*(*51DX&/%)?&C#&:$*'"*Q1DX&L%0&C#&L?9$%)#P0*&'4%D1(*<*&?9$#5#5?&?&B%"$%D#(*Q1&;*Q1
L#&51&4$*4#L#%&'4%$1L(%5&C$#(*&L*(#'"*51X&D%SL#&4%&S1('0%5&.*(*5*X &4%+"%&'1&*&%(&*
81C%)*&4%"%D<*&'D#"$#5?&P.#(%)*D#&B%"$%D#(*Q#&0?Q1&U(#P1&9.*S*V&4%L#"#0#&%&81C%)?
4%$10.?&(1D#D%&\#&8&`$9*(*&4$*P#X&L#&'1&%9$#"*%&/#&4%D%Q&H?$<*D#&K1Q&0$#51D&A6&C%L
'"*C%+1&?&;%'(?&C.#'%)*X&0#0%&'1&(#&8?&'4$1D#&"?$'0#&)%5'0#&-?9$%)#P0#&).#L#&%LC%)%$*.#
51&A&L1<1D9$#&K.#L*X&D#5<*&c?$>#&Y#L*)%51)*Q#X&L#&'1&D%S1&'0.%(*"*&?&!"%(&*.*&?&'#D
-?9$%)(*0&FCL1&5%5&51&)1Q#&'*C?$(%'"&*.*&9%J*&'D1+"#5F &`'"%5?&51&4%D#C#%&:$)%51
K?0P*QX&0%5*&'1&1(1$C*P(%&'#L&?'4$%"*)*%&0$#J?&!*C*'D?(L?&`)#5&51&?&:$)#"'0%5&4%(%)%
*/#/)#%&5#0?&%4%/*<*5?&4$%"*)&'191&T#&L$S#)(%D&'#9%$?&?&B$*S1)<*D#X&?&N19$?#$?&A6X


 

 77
L%+.%&51&L%&0$)%4$%.*Q#X&?&'"#$%5&"$#L*<*5*&:$)%51X&P*5*&51&'?D*+J1(*0&*&b#L*'.#)J1)
4$*'"#.*<#&!"14#(&b#<0%)*Q&4%C*(?%&"%D&4$*.*0%DX&4$*+#%&51&*&%)%C&4?"#&!*C*'D?(L%)*D
4$%"*)(*<*D#X&?&(#L*&L#&Q1&D%Q*&*'0%$*'"*"*&%)1&(#$1L1&*&%5#P#"*&')%5&4%.%S#5&?&:$)#"'0%5
*&-#.D#<*5*
H?$'0#&)%5'0#X&?&0%5%5&'?&'1&(#.#/*.*&;#5#/*"%)*&'*(%)*&*&0%5*D#&'1&'#&')%5*D&P1"#D#
4$*L$?S*%&*&0(1/&!"1)#(&b#/#$1)*QX&?4#.#&51&?&;%'(?&5#(?#$#&D1'1<#&A@&B%('"#("*(
o*.%/%N&4$*P#X&L#&51&)%5'0#&9*.#&D(%C%9$%5(#X&#.*&L#&51&(#'"$#L#.#&?&;%'(*&%L&4$1%+"$1
/*D1&*&(1%9*P(%&)1.*0%C&'(1C# &-#&51&/9%C&"%C#&(#4#L#5#&/#).#L#.#&?&/1DJ*&4$#)#&4#(*0#
.#0%&51&$#/?DJ*)%&K%5)%L#&!#(L#J&S?$(%&"$#S*&*&-?9$%)(*0&D?&$#L%&L#51&V$#(1&*&%4$1D1
/#&81C%)1&C$#L%)1X&#&?&*'"%&)$1D1&'1&C.1L#&'D*$*"*&'#&c?$%D&;#.+*Q1DX&0%5*&'1&*'"%&"#0%
91+1&?4.#+*%&%L&H?$#0# &Y14?9.*0#&51&'#D#& &*&,&5#(?#$#&L%/)%J#)#.#&')%5*D&J?L*D#
P#0&*/&T1$1")1&*&'&L$?C*V&'"$#(#X&L#&'1&D%C?&'4#'#)#"*&(#&81(%&4%L$?P51 
`)#5&4%V%L&H?$#0#&%D%C?Q*%&51&?&;%'(*&4$%D1(?&(#&4$1'"%.?&=#L#&'?&'1&(#4#L#P*&9$/%
4%)?0.*&`'"%5#&51X&?&"%D&D1"1S?&*&'#&4%D%Q?&:$)%51)%DX&%'"#%&0#%&C.#)(#&.*P(%'"X&5%+
%'4%$1(&*&?&9%$9*X&#.*&'0%$%&0#%&4%91L(*0
[&L$?C%5&4%.%)*(*&D#$"#&A@&4%$%L*<1&0$#J*P*(*V&4$*'"#.*<#&"$#S1&L#&'1&'4#'#)#5?&(#
L?9$%)#P0%&/1DJ*+"1&&D#$"#&%LC%)%$*.%&'1&S1(*&K?0%'.#)#&T*0%.*Q#X&D#5<*&0(1/#
M$C?$#X&L#&51&(1&D%C?&4$*D*"*&?&!"%(X&F4%+"%&51&;%'(#&?&(1'.%/*&*&D1>?'%9(*D&%4$10#D#FX
(1C%&L#&L%>1&?&'#D&-?9$%)(*0X&CL1&51&D%C?&4$*D*"*&*&'*C?$(%&/#+"*"*"*&U'"*&"#0#)&%LC%)%$
L#"&51&*&S1(*&c?$>#&Y#L*)%51)*Q#
&T14$*5#"1J&0$#J#&-#9*+1&*&L?C%C%L*+8*&/#"%P1(*0
81C%)X&Y#L*P&!#(0%)*QX&L%9*5#&?&"%&)$1D1&(1$1L#&')%5?&'.%9%L?&*&5#)J#&'1&4%(%)%&0#%
C%'4%L#$&V?D'01&%9.#'"*&?&3$*D%$5?&`(&51&4$*5#"1J&`'"%5*(&*&?"*<#5(#&.*P(%'"&(#&81C%)?
L)%$?&]1C%)?&S1(?&-?9$%)P#(*&'&4%P#+Q?&*'4$#Q#5?&')1&L%&d#)"#"#&*&L#5?&5%5&4%0.%(&?
)$1L(%'"*&%L&77&41$41$# &B(1/&3$*9%51&=#'(%)*QX&/#4%)1L(*0&K*'%0%CX&?4.#+1(
D1"1S*D#X&/#D%.*%&51&-?9$%)P#(1&L#&C#&/#&')#0*&'.?P#5&*/#91$?&/#&')%C#&C$#>#(*(#X&+"%&'?
%(*&*&?$#L*.*&A&5?(#  
H$)18#&*&D1"1S*&?&;%'(*&"$#5#.*&'?&<1.1&4$)1&4%.%)*(1&A@&C%L&[&.1"%&'?&'1&)1Q&4$*.*P(%
$#+P*'"*.*X&*&"%&?&`'"%5*(?&0%$*'"&O%+&A&#4$*.#&$1+*.*&'?&'1&9*.*X&%4$1/(*&-?9$%)P#(*
L#&*'4.#"1&%9#)1/(*&L%V%L#0&0$#J*<*X&(#&P1D&*D&51&%(#&'$L#P(%&/#V)#.*.#X&(#L#5?Q*&'1&*'"%5
4#S8*&*&F(#4$L#F &H%&51&9*.%&81(%&4%'.1L81&4*'D%&K1Q&7&D#5#&9*.*&'?&?&-?9$%)(*0?
4%'.#(*<*&(%)%C&0$#J#&!"14#(#&`'"%51X&*&L?9$%)#P0*&!1(#"&L%9*%&51&%).#+Q181&L#&'"?4*&'
8*D#&?&4$1C%)%$1&%&0$?4(*D&4*"#8*D# &\#&`'"%5?&'1&7&D#5#&?&8*V%)?&C$#L?&5#'(%
0#/*)#.%X&L#&51&F  & 
& &l

F&`L&5?.#&$1+#)#.%&'1&"?&?&L)#"$*&D#V#X&L#&'1&/#&8
(#9#)1&L#$%)*&?&=.1<*D#&*&L#&D?&'1&4%+#J1&4%'.#('")%&R.*&'1&*4#0&P10#.%X&L#&'1&)*L*
$#/)%5&'")#$*
B$#J&`'"%5#&51&')%5?&4%91L?&%L(1%&?&:?D?X&CL1&'?&'1&(#.#/*.*&C.#)(*&0$#J*P*(*&J?L*&`(&'1
"?&9#)*%&%L&'$1L*(1&D#5#&L%&4%P1"0#&5?(#&`L#".1&'1&)$#"*%&0#%&'")#$(*&*&51L*(*&0$#J&;%'(1
B(1/&M$C?$&T*0%.*Q&'0.%(*&'1&4$1L&8*D&*&/#&L?C%&(1&L#51&%&'19*&C.#'#&c?$#>&Y#L*)%51)*Q
4%91S1&?&-?9$%)(*0X&#.*&%"?L#&0#%&L#&(*51&4$#)*%&)1.*0*V&'D1"8*&(%)%D&0$#J?&;#$&/#&8
")$L*&"#0%&-?9$%)#P0#&Y14?9.*0#X&P*51&)1'"*&0#S?X&L#&51&`'"%5#&L%9*%&).#'"&F91/&(#4%$#F 
T#&4%$?01&0$#J1)*V&4%'.#(*0#X&0%5*&'?&9*.*&L%+.*&?&C$#L&7&D#5#&L#&*D&5#)1&`'"%5*(?
4%(?L?&/#&4$%L#5?&3$*D%$5#X&-?9$%)P#(*&'?&*4#0&D#.%&%P10(?.*&L#&4$%)1$1&)1'"*&B#L&'?&'1
L%*'"#&?)1$*.*X&L#&51&`'"%5#&%L(1%&4%91L?X&%(*&'?&$1+*.*&7&5?(#&L#&D?&4%+#J?&L)#
4.1D*Q#&0#%&4%'.#(*01X&0%5*&Q1&C#&4%/L$#)*"*&?&*D1&Y14?9.*01&*&4$1L#"*&D?&L#$&%L&277
L?0#"#&B#L&51&`'"%5#&/#"$#S*%&%L&8*VX&L#&D?&*/L#L?&c?$>#&Y#L*)%51)*Q#&%(*&'?&D?&%L'1P(%
%L9*.*&/#V"1)&A&5?.#&$10#)+*X&L#&51&8*V%)%X&Dë'"%&9*.¯&/#0%(¯&*&'.%9%L¯Lã*(#F 
;*.%&51&4$*$%L(%&+"%&'?&%)%D&4$*.*0%D&(#'"$#L#.1&)1Q*(%D&V?D'01&4%$%L*<1&Y#L*)%51)*Q*
*&T*0%.*Q*&9*.*&'?&5#0*&'"?9%)*&-#9*+*(1&?L%)*<1&`(*&'?X&'#&L$?C*D#&/#51L(%X&'?/9*.*
0$#J#&H)$"0#&II&*&81C%)?&0$#J*<?&M$?9?&R.*&4$%"*)&`'"%51&(*'?&'1&D%C.*&%L$S#"*
!#(L#JX&'#)&/#?/1"&?&9%$9*&?&;%0*X&(*51&'1&D(%C%&*/.#C#%&?&%)%5&0$*/*X&#&?&`'"%5*(%D&'.?P#5?


 

 7
L$S#%&51&'&:$)%51D&T1D#&'?D81&L#&'?&0$#51D&4$%.1Q#&A@&C.#)(1&9%$91&)%>1(1&?&:?D?&B#L
'1&&5?(#&$1+#)#.%&?&-?9$%)(*0?X&L#&'1&?4?"1&`'"%5*&L)#&4%'.#(*0#&'&4%0.%(%D&%L&277
L?0#"#X&(*51&'1&/(#.%&"#P(%&CL1&'1&%(&(#.#/*X&#.*&'1&D*'.*.%&L#&51&D%SL#&5%+&?)10&?&:?D? 
=1>?"*DX&D#>#$'0*&0$#J&(*51&9*%&(*D#.%&/#L%)%J#(&"#0)*D&%9$"%D&'")#$*&`(&51&9*%
%P1)*L(%&?41$1(&4$%"*)&81C#&*&%(&51&"%&5#'(%&)*L1%&B#%&C.#)(%C&0$*)<#&/#&"%&'D#"$#%&51
)%5)%L?&:$)%5#X&0%5*&51&9*%&4$*'"#+#&(#4?J'01&L*(#'"*51&*&0%5*&51&L%'0%$#&4%'"#%
FC1(1$#.(*&)*0#$FX&%L(%'(%&(#4?J'0*&(#D1'(*0&?&:$)#"'0%5&B$#J&!*C*'D?(L&51&?4#L
H?$#0#&?&;%'(?&L%)%L*%&?&)1/?&'#&:$)%51)*D&4%0$1"%D&4$%"*)&81C#&*&-#9*+*(1&0$#J*<1&*
%4"?S*)#%&C#&51&(*&D#81&(*&)*+1&(1C%&0#%&"?$'0%C&'#)1/(*0#&3%P1"0%D&D#$"#&A@&0$#J&'1
0$1(?%&?&!.#)%(*5?X&L#&'1&(#>1&(#&%L9$#(*&L$S#)1&4$%"*)&H?$#0#&*&L#&?"*P1&(#&"%0&'")#$*&?
;%'(*&R.*&%L&D#$"#&L%&5?(#&(*51&4$1L?/1%&(*+"#&%/9*J(*51X&L#&'4$1P*&`'"%5*(?X&%L(%'(%&?
'")#$*&:$)%51)?&4%91L?&`(&51&P*"#)%&)$1D1&4$*9*$#%&)%5'0?&*&4%/*)#%&(101&C$#L%)1X&0#%
H$%C*$&E&5?(#G&*&e*91(*0X&L#&D?&4%+#J?&?&4%D%Q&(1+"%&)%5'01X&0#0%&9*&4%5#P#(&'0$+*%
4$0%'(*&'"#)&:$)%51)1&'"$#(01&H10&5?.#&D1'1<#&0$1(?%&51&%(&'#&')%5*D&*&4%D%Q(*D&P1"#D#&?
:$)%51)1&-%81&B$#51)1&UL?Q*&L%.*(%D&K$9#'#&L%4$%&51&L%&)$9#'0%C&C$#L#X&0%L&L#(#+81
;#81&b?01X &#.*&"?&51&%L51L(%D&D%$#%&L#&'"#(1&*&L#&)1Q&'$1L*(%D&#)C?'"#&4%P(1&4%).#P181
T1D#&'?D81X&L#&51&"%&4%).#P181&9*.%&51L(#&)$'"#&4%$#/#&H%&'1&)*L*&(#59%J1&4%&"%DX&+"%&51
:$)%51X&*L?Q*&/#&8*DX&4$1+#%&'#D&?&%N#(/*)?X&4$%L$%&?&L?9*P0?&S?4?&*&%')%5*%&51&H#5&4%$#/
0$#J&!*C*'D?(L&(*51&D%C#%&.#0%&L#&%"$4*&`(&51&9*%&*&'?)*+1&"1S#0&(1&'#D%&/#&D%D1("#.(*
4%.%S#5&0$#J1)&?&/1DJ*X&(1C%&*&/#&81C%)&4$1'"*S&?&9?L?Q(%'"*&Y#L*&"%C#&0$#J&4%(%)(%X
%0"%9$#&D1'1<#X&L%.#/*&?&U.%0&-#&.*&51&"%D&4$*.*0%D&4$%)#J*)#%&%(&.*P(%&*.*&81C%)1&P1"1
(#&9%'#('0%&4%L$?P51&(*51&'*C?$(%i&#.*&51&L%9$%&4%/(#"%&L#&'1&0$#J&`'"%5#X&'&<)1"%D&')%51
).#'"1.1X&?&/*D?&A@A&9#)*%&?&['%$*X&(#&C$#(*<*&L$S#)1X&)1$%)#"(%&'#&(#D1$%D&L#&'1
"?&/#"1P1X&#0%&?'"$19#
-?9$%)P#(*X&P*51&51&L$S#81&?)10&.14%&4%.*"*P0%&D1$*.%&4%L1+#)#.*&'?&')%51&%L(%'1&4$1D#
`'"%5*&?)10&4$1D#&81C%)*D&?'41'*D#&?&'#D%5&;%'(*&*&4$1D#&D#>#$'0%D&0$#J?&[&#)C?'"?&51X
(#&4$*D1$X&4%'.#('")%&`'"%5*&9*.%&%L.%S1(%&F')1&L%&4$)*V&(%)*V&)1'"*F&EA7&#)CGi&L%0&51&?
'14"1D9$?X&4%'.1&9%'#('0%C&?'41V#X&9*.%&%LD#V&$1+1(%X&L#&'1&4%'.#('")%&4%+#J1  
-?9$%)P#(*D#&'1&?P*(*.%X&L#&51&%)%&'#L&*&(#54%C%L(*5*&P#'X&L#&*'4?(1&')%5?&L#)(?&S1J?&*
L%0$#5P1&4$1C%)%$1&%&?'"?4#8?&51L(%C&L1.#&3$*D%$5#&*&B%(#)J#X&0%51&'?&$#(*51&9*.*&0?4*.*
%L&'#D*V&!#(0%)*Q#&B$#J&`'"%5#&51&/#&9%$9?&4$%"*)&4$%"*)(*0#&*&/#&L$?C1&4%'.%)1&"$19#%
(%)#<#&*&"%&L%'"#&`$9*(*&4$*P#X&')#0#0%&4%&L?9$%)#P0%5&"$#L*<*5*X&L#&51&0$#J&%'"#%&L?S#(
')%5*D&(#5#D(*<*D#&-#&9*&L%+#%&L%&(%)<#&%(&51&4$*'"#%&(#&"?&4$%L#5?X&0%5?&'?&D?
4$1L.#C#.*&*&*/)1'(*&L?9$%)#P0*&4$*5#"1J*&D1>?&9%'#('0%D&).#'"1.%D&M.#)(*&4%'$1L(*0&51
9*%&'&4%P1"0#&Y#L*P&!#(0%)*QX&0%C#&'?&-?9$%)P#(*&/#D%.*.*&L#&*L1&0$#J?&*&?P*(*&4%(?L?
3$1C%)%$*&%&4$%L#5*&4%P1.*&'?&)1Q&?&D#5?&A@X&#.*&'?&'1&%"1/#.*&L?C%X&(1+"%&+"%&'?
-?9$%)P#(*&P10#.*&$#/)%5&'")#$*X&#&4%'.1&+"%&51&0%L&`'"%51&L%+.%&L%&*/)1'(%C&?'"1/#8#
]1D?&'?&'1&L?9$%)#P0*&/#V"1)*&P*(*.*&4$1)1.*0*&-#&9*&4$*L%9*.*&0$#J#&-?9$%)P#(*&'?
'"?4*.*&?&)1/1&'&)%5)%L%D&:$)%51DX&0%5*&51&4%'.1&4%91L1&(#L&=#>#$*D#&4%'"#%&C.#)(#
.*P(%'"&;%'(1&Y#L*&"%C#&%(*&?4?Q?5?&')%51&4%'19(1&4%'.#(*01&L#&'#&:$)%51D&L1.?5?&0%L
0$#J#&`91Q#8#&'&8*V%)1&'"$#(1&9*.#&'?&/#&%9%5*<?&'?9.*/?&*'"#&L%9*Q1&4$*'"%5(1&L#$%)1X
C$#>#('")%&Y14?9.*01&*&4%&51L(?&0?Q?&?&-?9$%)(*0?&?&)$1L(%'"*&%L&277&L?0#"# 

Y#'4%.%S1(*&0$#J&*&:$)%51&%L%9$*.*&'?&-?9$%)P#(*D#&"$#S1(*&?'0*&4%5#'&/1DJ*+"#&%L
B?$*.#&L%&!"%(#X&*&`'"%5#&*D&51&*/L#%&%&"%D&*&')%5?&4%)1J?&2&5#(?#$#&A&[&"%5&4%)1J*
0$#J&!"14#(&`'"%5#&0#/?51X&L#&51&L%+#%&(#&4$1'"%&')%5*V&4$#$%L*"1J#&)*L1Q*&/1DJ?&F(1
*D?ã?&')%*1C#&4#'"*$#FX&#&L#&-?9$%)P#(1&L#$?51&(#&%'(%)?&'"#$*V&%91Q#8#&FC%'4%L1&$#+01&*
9%'#('01F&*&8*V%)1&(1.*<1D1$(1&J?9#)*&-?9$%)P#(*&'?&L%9*.*&/1DJ?&%L&B?$*.#&EL#(#'
31"$%)#&!1.#G&L%&!"%(#&'#&(10%.*0%&4%*D1(*P(%&(#9$%5#(*V&'1.#&3%)1J?&51&*/L#%&0$#J&F)#
'.#)(%*&(#+%*&)%*'<*F&?&?'%$'0%5&b*+(*<*X&%0$?S1(&:$)%51DX&!#(L#J1DX&3#).%D
Y#L1(%)*Q1D&*&L$?C*D&9%'#('0*D&0(1/%)*D#&*&)%5)%L#D#&-$?C#&0$#J1)#&4%)1J#X&0%5%D&51
4%")$L*%&-?9$%)P#(*D#&'"#$1&4%).#'"*<1X&L#"*$#(#&51&2&N19$?#$#&?&!?"51'<*X&'#&*'"*D


 

 7
C.#)(*D&.*<*D#&0#%&')1L%<*D#  &`P1)*L(%&51X&L#&51&')#0#&%4#'(%'"&?&"#5&D#V&/#&'1)1$(1
C$#(*<1&9*.#&4$%+.#&*&L#&'?&'1&J?L*&)$#Q#.*&0?Q#D#&0#%&4%'.1&')$+1(1&'")#$*&2
N19$?#$#&*/L#.*&'?&-?9$%)P#(*&4%)1J?&)%5)%L*&:$)%5?X&0%5%D&C#&?)$+Q?5?&?&$1L&')%51
).#'"1.1&/#51L(%&'&<1.*D&D?+0*D&4%"%D'")%D&*&0%5%D&D?&L#5?&?&4%'1L&51L(?&4#.#"?
3$*$%L(%&51X&L#&51&'.*P(#&4%)1J#&9*.#&L#"#&*&0$#J?&`'"%5*X&FL#&"%.*0#&D*.%'"¯&*&.Û9#)¯&L#
(1V#$¯(#&(1&9?L1F  &B?Q1X&0%51&'?&*D&9*.1&4%0.%81(1&?&-?9$%)(*0?X&*/#9$#.*&'?&4%'19(*
4%'.#(*<*&0$#J1)*&*&:$)%51)*&H%&'?&9*.1&0?Q1&/#&*/L#)#81X&0%51&'?&?&51'1(&"1&C%L*(1&9*.1
%4$#)J1(1
H1&/1DJ1X&0%51&'?&'#L&9*.1&?'"?4J1(1&-?9$%)(*0?X&L$S#%&51&4%(%)%&Y#L*P&!#(0%)*QX&0%5*&51&'
4#L%D&-#9*+*(1&?L%)*<1&*/9*%&%41"&(#&4%)$+*(?&T*51&(#D&L%)%J(%&4%/(#"*X&0#0%&'?&'1
4$1D#&"%5&$1'"#?$#<*5*&!#(0%)*Q#&%L(%'*.*&)%5)%L#&!#(L#J&*&3#).1&Y#L1(%)*Q&`(*&91V?
A&C%L&4%'1.*&*&4%L1.*.*&4%L$?P51&!#(0%)*Q#i&/(#P*X&L#0.1X&L#&'?&C#&4%'.1&D%$#.*
4%)$#"*"*&9#$&L1.*D*P(%&!#(L#J&51X&L%(10.1X&9*%&L%9*%&*/)1'(?&%+"1"?&?&"%.*0%X&+"%&51&?
D#5?&A,&L%+.#&4%L&81C%)?&).#'"&;?L)#&R.*&9#+&/#&8&*D#&(1+"%&)1'"*X&L#&51&%'"#%
(14$*5#"1J&Y#L*P?&*&L#&51&4$%"1'"%)#%&0%L&-?9$%)P#(#&$#L*&8*V%)*V&*("*D(*V&)1/#&'
8*D &-#&'1&Y#L*P&'4$1D#%&(#&9%$9?&)*L*&'1&%L#".1X&+"%&51&?&51'1(&A@&"$#S*%&L#&0?4*
%$?S5#&?&-?9$%)(*0?&*&+"%&51&9*%&%L9*51( &A7&D#$"#&A&%L9*51(&D?&51X&*'"%&"#0%X&*
51L#(&(%)P#(*&/#5#D&U&Y#L*P&51&(1$#L%&C.1L#%&L?9$%)#P01&4$1C%)%$1&'&0$#J1D&*&:$)%51D
T#.#/*%&51&L#&51&(1/#'.?S1(%&%9*>1(X&0#L&51&%(&?&'")#$*&9*%&4$)*&4%'$1L(*0&-?9$%)P#(*&'?
4%0?+#)#.*&L#&D?&0$#J&%9$#"*&)*+1&4#S81X&#.*&"%&%)#5&(*51&P*(*%&)1$%)#"(%&*/&%9/*$#
4$1D#&!#(L#J?&3%P1"0%D&L1<1D9$#&A@&4$1'$1.*&'?&Y#L*P1)*&J?L*&L?9$%)#P0%C&C.#'(*0#X
0%5*&51&(%'*%&?C%)%$1&?&;%'(?&%&"%5&4$%L#5*X&*&%4J#P0#.*&'?&C#&-?9$%)P#(*&$#L*&"%C#X&#&*&/#
')#0?&L$?C?&'.?P#5(%'"X&4$14%$?P*)#V?&')%5*D&4%'.#(*<*D#&L#&')#0#0%&(#'"%51&%0?4*"*&0#%
')1L%01&*&51D<1&4%)1J#&+"%&)1Q*&9$%5&9%'#('01&).#'"1.1X&0%5*&Q1&'1&'&0$#J1D&/#51L(%&/#0.1"*
(#&"#5&#0"&`(*&'?&S1.1.*&L#&"?&4%)1J?&D1>?&L$?C*D#&4%"4*+1&*&'#D&Y#L*PX&#.*&0$#J&(#&"%
(*51&4$*'"#%&!&"%C#&81C#&(*51&9*.%&?&b*+(*<*X&(#&['%$*X&F)#&'.#)(%*&(#+%*&)%*'<*FX&CL1&51
0$#J&*/L#%&4%)1J?&'&%'"#.%D&).#'"1.%D&B#L&'?&?&4$)%5&4%.%)*(*&N19$?#$#&'*+.*&?
-?9$%)(*0&4%'.#(*<*&0$#J1)*&*&:$)%51)*&*/$#L*.*&'?&-?9$%)P#(*&0%L&8*VX&L#&%(*X&'#&')%51
'"$#(1X&?4?"1&51L(%&4*'D%&Y#L*P?*&L#&*V&%(*&'#D*X&0#%&0$#J1)*&J?L*X&?)1L?&?&4%'1L&Y#L*P
51&%")%$1(%&4*'#%&-?9$%)P#(*D#X&L#&(*51&/#L%)%J#(&8*V%)*D&4%(#+#81D&T10#L&'?&%(*
4#/#$*)#.*&"%&4$*D%$51&'&8*D&(1&4*"#5?Q*&0$#J#&#&'#L&"%&P*(1&'&0$#J1D&(1&4*"#5?Q*&81C#
-?9$%)P#(*&'?&'1&9$#(*.*X&L#&51&"#5&#0"&%L%9$*.#&F')#&;%'(#FX&#&L#&%(*X&*(#P1X&81C#&*D#5?
FD(%C%&.Û9*D#&4%'$L¯&(#+1C#&C$#L#&0%.*0%&(#+?&L?+?F &H?&0?4%)*(?&%(*&'?X&?
%'"#.%DX&*/)$+*.*&F0#0%&(#'¯&)#+#&.Û9%)¯&')"%)#&*&(#?P*F&T1D#&'?D81X&Y#L*P&51&9*%&5%+
?)10&?"*<#5#(&P%)10X&0#L&D?&Y14?9.*0#&4*+1&'&"%.*0%&%9/*$#&&D#5#&A&4%/*)#.*&'?&C#&?
-?9$%)(*0X&L#&'1&4$*5#"1J'0*&(#C%L1i&*&0#L&51&%(&?&#)C?'"?&L%+#%&'#&41"&')%5*V&4.1D*Q#
'")#$&'1&$1+*.#&"#0%X&+"%&51&*&%(&L#%&')%5&4$*'"#(#0&/#&277&41$41$#&2&#)C?'"#&*/L#"#&51&%
"%D&*&4%)1J#X&?&0%5%5&51&'")#$&*/.%S1(#&"#0%X&0#%&L#&51&Y#L*P&'#D&L#%&*(*<*#"*)?&/#&"?
4$%L#5?&[&"%9%S8%5&)1.*0%L?+(%'"*&Y#L*P&51&4%0.%(*%&-?9$%)P#(*D#&5%+&*&'1.%&b*'#<
EF4.1D1(*"%&'1.%&D%1&?&4$*D%$*ÛFGX &#&%(*&'?&"*D&.14%&/#%0$?C.*.*&')%5&(%)*&4%'1L&!
Y#L*P1D&'?&4%"%D&%'"#.*&?&L%9$*D&%L(%'*D#&*&?&(%)1D9$?&*'"1&C%L*(1&L#$*)#.*&'?&C#&.14%X
0#L#&'1&S1(*%&4%&L$?C*&4?" 
3%$1L&Y#L*P#&"$19#.%&'1&*'"%&"#0%&(#C%L*"*&*&'#&K?0%'.#)%D&T*0%.*Q1DX&0%5*&51&9*%
C%'4%L#$&?&51L(%D&L1.?&?'"?4J1(1&%9.#'"*&R.*&T*0%.*Q&51&9*%&'?'1L&?&"#5&D#V&D#81C
/(#P#5#X&F?&(1)%J*FX&*&%"?L&D(%C%&51)"*(*5*&]1C%)%&F4$*/(#81&?C%)%$#F&Y14?9.*0#&51
4.#"*.#&@&5?.#&'#D%&'#&77&41$41$# 
`)%&4%(#+#81&Y#L*P1)%&*&T*0%.*Q#&L#51&/#(*DJ*)&0$*"1$*5&/#&4$*.*01&?&;%'(*X&CL1&J?L*X
0#L&V%Q1&L#&')$+1&4%'#%X&*&4%$1L&0$#J1)1&%L.?01X&D%$#5?&L#&L%.#/1&L%&')%C&4$#)#&D#8*D&*
4%'19(*D&?C%)%$*D#&'#&.%0#.(%D&).#'"1.%DX&0%51&'1&/#0%(&D(%C%&(1&"*P1&*&0%5#&51&*&*(#P1
9*.#&91/&D(%C%&%9/*$#&\#(*DJ*)%&51X&'#&0%.*0%&'?&)*+1&4#S81&-?9$%)P#(*&4$*D*.*&0(1/#
Y#?N#X&4%'.#(*0#&:$)%51)#X&(1C%&FD1+"$#F&*.*&.%C%N1"#&0$#J1)#&!"14#(#&3$)*&51&L%9*%


 

 7A
"#5(%&27&41$41$#&)*+1&(#&4%0.%(&(1C%&%)#5&L$?C*  
!#(L#J&:$#(*Q&(*51&'?L1.%)#%&D(%C%&?&"*D&')*D&4%'.%)*D#&*&"$/#)*<#D#&[&4$%.1Q1&A,
C%L&%(&'1&9*%&/#4.1%&?&$#"&'&;#.+*Q*D#X&(1&/(#D%&L#&.*&0#%&'#)1/(*0&Y#L*P#&d$(%51)*Q#&*.*
4%&')%5%5&*(*<*#"*)*&3%'.1&Y#L*P1)1&4%C*9*51&E?&D#5?&A,G&%(&'1&(10#0%&L%0%4#%&;?L)1&*
?P)$'"*%&51&')%5&4%.%S#5&?&8%5 
&BQ*&0(1/#&b#/#$#&O1.#X&S1(#&c?$>#&!"$#<*D*$%)*Q#X
'4$1D#.#&'1&0$#51D&(%)1D9$#&"1&L%C%L*(1&L#&L%>1&?&-?9$%)(*0&*&L#&4$1C%)#$#&'#&!#(L#J1DX
81(*D&9?L?Q*D&D?S1D  &!#(L#J&51&D(%C%&4%.#C#%&L#&%L$S*&;?L)?X&0%5?&;#.+*Q*D#&(*51
9*.%&"1+0%&(#4#L#"*X&4#&51&'&"%C#&?4?"*%&"#D%&')%5?&D.#L?&(1)1'"?X&L#&'#D#X&91/&81C#X
%L$S#)#&4$1'"*S&81C%)1&0?Q1&*&%L%.1)#&(#4#L*D#  &`(#&51&%'"#.#&"#D%&L%&0$#5#&#4$*.#
A@X&0#L&'?&51&-?9$%)P#(*&L%)1.*&(#&%$?S#(%5&.#>*
`0%&&#4$*.#&A&L%+#%&51&C.#'&?&-?9$%)(*0X&L#&B$#J&`'"%5#&'*.#/*&?&:?D&K.#L#
Y14?9.*01&$1+*.#&51&"*D&4%)%L%DX&L#&L)#&81/*(#&4%'.#(*0#&4%/L$#)1&0$#J#&?&'?'1L'")?&*&L#
C#&4%/%)?&?&-?9$%)(*0X&#.*&51&4%'.1&4%(*+"*.#&$1+181X&51$&'1&)1'"&4%0#/#.#&0#%&(14%"4?(#
B$#J&51&*+#%&?&*'"%P(*&L1%&V?D'01&/1DJ1X&91/&'?D81&?&=*.1+1)%X&CL1&'1&0$?(*'#%&%0%&7
#4$*.#&B$#J1)%D&4%'.#(*0?X&0%5*&51&L%(1%&?&-?9$%)(*0&"?&)1'"X&L#.#&51&Y14?9.*0#&2
41$41$#&0#%&L#$ 
-?9$%)#P0#&Y14?9.*0#&S1.1.#&51&?&"%&)$1D1&L#&'D*$*&')%C&C%'4%L#$#X&0$#J#&!*C*'D?(L#X&'#
;%'(%D&*&`'"%5%D&=#>#$'0*&0$#J&4%$?P*)#%&51&'&4$%.1Q#&E'*C?$(%X&D#5#&D1'1<#G&0#0%&'1
'4$1D#&4$%"*)&H?$#0#&*&FL$?C*V&(14$*5#"1J#&(#+1C&0$#J1)'")#F&T1D#&'?D81X&L#&51&4$*&"%D
D*'.*%&*&(#&;%'(?&*&(#&')%5&4$%+.%C%L*+8*&(1?'41V&?&8%5&`9#)1+"1(*&%&"%D&-?9$%)P#(*
(*'?&'D1.*&L#&4%+#J?&`'"%5*&')%51&4%'.#(*01X&0%5*&9*&D?&P1'"*"#.*&0$?(*'#81&B#L&51
9%'#('0*&0$#J&L%9*%&*/)1+"#51&%&"*D&D#>#$'0*D&4$*4$1D#D#&%(L#&51&'"#%&*&%(&4$*9*$#"*
')%51&J?L*&*&'4$1D#"*&'1&(#&%"4%$&\(#5?Q*&L#&"*&D#>#$'0%9%'#('0*&'?0%9*&?)10&%'1"(%
4%C#>#5?&*&8*V%)1&*("1$1'1X&(10*&-?9$%)P#(*&'1&$1+*+1&A7&5?(#&'"#)*"*&4$1L.%C&L#&'1
4%'$1L?51&/#&D*$&EF  & &
 & &&l


FG&*&"%&F(#5)*+1&'&"%C#&+"%&'?
%9#)1+"1(*&%&)%5(*P0*D&4$*4$1D#D#X&0%51&'1&'4$1D#5?&'&%91&'"$#(1F&=1>?"*DX&L?9$%)#P0*
'1(#"&(*51&'D1%&L#&4$*D*&"#5&4$1L.%C&9%51Q*&'1X&L#&"*D&(1&*/#/%)1&'$L8?&)1$%)#"(%&)*+1&(#
D#>#$'0%5&(1C%&(#&9%'#('0%5&'"$#(* &-%&(14$*5#"1J'")#&*4#0&(*51&L%+.%&B$#J
!*C*'D?(L&D%$#%&51&L#&%9$#"*&(#$%P*"?&4#S8?&L%C#>#5*D#&?&_1+0%5X&CL1&'1&81C%)&9$#"
K1(<1.&(#.#/*%&?&L%'"#&"1+0%5&'*"?#<*5*&4$1D#&%/.%51>1(%D&4.1D'")?
U(#P1X&V*'"%$*'0*&L%C#>#5*&;%'(1&"%C#&)$1D1(#&?&C.#)(%D&'?&D#.1&4%.*"*P01&)$1L(%'"*&=*
*V&/(#D%&4%(#5)*+1&4%&L?9$%)#P0*D&)1'"*D#&[&8*D#&51&C%)%$&%9*P(%&%&(%)*D&<#$*(#D#X
0%51&4%51L*(#&).#'"1.#&4%'"#)J#&D*D%&*/$1P(1&(#$1L91&0$#J1)1X&#&'#D%&*&*'0J?P*)%&?&')%D
*("1$1'?&H#0%&51X&(#&4$X&)%5)%L#&!#(L#J&4%'"#)*%&(%)?&<#$*(?&?&h?"%5&?&B%(#)J*D#&'#D%&'
"%C#X&+"%&'1&L$?C#X&L%"#L&51L*(#X&<#$*(#&?&b1L1(*<*D#&(#.#/*.#&?&$?0#D#&3#).#&Y#L1(%)*Q#
-?9$%)P#(*&'?X&4$*$%L(%X&4$%"1'"%)#.*&4$%"*)&"%C#X&51$&51&F?'*.¯(%&.ÛL1D¯&0$#.*1)¯'")#&"*
L)%&<#$*(1&4.#0*#"¯FX&#&8*D#&51&"%&(1(#$?P(%X&F51$¯&/#&"%*&?/$%0¯&¨L¯)$#0*#Û&'1&.ÛL**1
0$#.*1)¯'")#&"*&¨L¯&(#+1C#&C$#L#F &-$?C1&)1'"*&C%)%$1&%&0$#J1)%D&$#/.#/?&'#&S1(%D
]1C%)#&C%'4%>#&K*"#P#&$#'"#)*.#&'1&'&8*D&(1CL1&?&'14"1D9$?&AX&51$&"#L&4%P*8?&?
-?9$%)(*0?&4%D1(*&%&4%'.#(*<*D#&F &  &  & 

&  & 
&l

F 
 &%0"%9$#&4%0.%(*.#&51&Y14?9.*0#&(#4?+"1(%5&0$#J*<*&77&41$41$#&0#%&51L(?&)$'"?&4#S81
*/&'#?P1+Q# &H$1Q1&)1'"*&"*P?&'1&(101&/#)1$1X&0%5?&'?&4$%"*)&L?9$%)#P01&'.%9%L1&0%)#.*
(10*&C$#L'0*&4.1D*Q*&'#&4?P#(*D#X&#&0%5?&'?&*D#.*&L#&4%D%C(?&*&(10*&'?'1L(*&V?D'0*
0(1/%)*&*/&H$19*8#&*&3%4%)#&=%"*)*&"1&/#)1$1&(*'?&L%)%J(%&%')1"J1(*X&*'"%&0#%&(*&"%&/#
P*5*&'1&$#P?(&*D#.#&L#&*/)1L1&!")#$&51&%"0$*)1(#&'#')*D&'.?P#5(%X&&D#$"#& 77&3%
Y#'"*Q?X&L?9$%)#P0*&4.1D*Q*X&L)#&9$#"#&\#D#81&*&L)#&;%L#P1X&$#/?/L#(*&*&%91'(*X&V"1.*&'?
L#&'1&L%P14#5?&).#'"*&?&-?9$%)(*0?&-#&9*&"%&4%'"*C.*&%(*&'?&?+.*&?&)1/1&'#&"$19*8'0*D
)%5)%L%D&K?0#+*(%D&K.#L*'.#)*Q1DX&'&4%4%)'0*D&0(1/%D&K.#"0%D&K?P1"*Q1D&*&'#&L)1
9%'#('01&)%5)%L1&!"1)#(%D&=*J?+1)*Q1D&*&-*D*"$*51D&=#$0%P1)*Q1D&`)*&'?&J?L*
"$19#.*&L#&'#&')%5*D&P1"#D#&L%>?&4$1L&-?9$%)(*0&*&%D%C?Q1&4$1)$#"&!")#$&'1&%"0$*.#&"#0%X


 

 7
+"%&51&51L#(&H$19*8#<&4$1L#%&51L(%&)#S(%&4*'D%&D1'"%&T*0%.*<*&\#D#8*&51L(%D&L$?C%D
T*0%.*<*X&0%5*X&L%)%J(%&%)#)1+"1(&*/&"%C&4*'D#&%&P1D&'1&$#L*X&L%5#)*&<1.?&'")#$&).#'"*D#
[V)#Q1(*&/#)1$1(*<*&9*.*&'?&4%C?9J1(*&*&C$%9%)*&'?&*D&/#?)10&%'"#.*&(#$%P*"%
%91.1S1(* &\(#D%X&L#J1X&L#&'1&`'"%5*& 7&C%L&$%L*%&4$)1(#<&'*(&%L&L$?C1&S1(1&B?5#)1X
$%>#01&3#).#&Y#L1(%)*Q#&`L&L$?C*V&)1'"*&)#J#&(#$%P*"%&4%D1(?"*&4%L#"#0X&L#&'?
N$#81)<*X&4%&8*V%)?&'#%4+"18?X&*D#.*&?&')%D&L1.%)#8?&.14#&?'41V#&*&L#&'?&4%)$#"*.*
0#"%.*P0%5&<$0)*&%0%&27777&F51$1"*0#F  &`)#&'?&4%)$#Q#8#&9*.#&)1$%)#"(%&?&)1/*&'#
D#>#$'0*D&?'41'*D#&?&4%'.1L8%5&L1'1"*(*&^Ia&)10#X&#0%&'?&?%4+"1&*/)$+1(#&?&"%.*0%D
%9*D?
B$#J&!*C*'D?(L&51&4$10*D&%0%D&C.1L#%&4%P1"1&)1/1&*/D1>?&;%'#(#<#&*&H?$#0#X&0%51&'?
(#'"#)J1(1&*&4%'.1&`'"%5*(#&L%.#'0#&(#&).#'"&!&4$%.1Q#& 77&(#.#/*.*&'?&'1&?&;%'(*&(10*
"?$'0*&4$1C%)#$#P*&T#&)1.*0%&%C%$P181&0$#J1)%&*&:$)%51)%&"1&'?&4$1C%)#$#P1&/#?'"#)*.*&?
-$*51)?X&(#&T1$1")*X&L?9$%)#P0*&<#$*(*<*&3%'.1&1(1$C*P(%C&4$%"1'"#&-?9$%)P#(*&'?
%91Q#.*&0#/(*"*&0$*)<1&*/)*8#)#5?Q*&'1X&L#&51&"%&?P*81(%&91/&/(#8#&%LC%)%$(1&).#L1&`(*&?
'#D%D&-?9$%)(*0?&(*0#L&(1&9*&4%'"?4*.*&"#0%X&*&9#+&'?&(1L#)(%&'4$%)1.*&4$10%&D%$#&51L(%
"?$'0%&4%'.#('")%X&*#0%&*D&51&-D*"#$&B$#J1)*QX&9$#"&4%C*(?.%C&=#$0#X&'#)1"%)#%&L#&*V
(*0#0%&(1&4$%4?'"1 

[&;%'(*X&D1>?"*DX&(*51&9*.%&4%"$19(%&L#&'1&%)%C#&4?"#&%/9*J(%&9%51&%L&0$#J#&!*C*'D?(L#
`(&'1&(#.#/*%&?&'*"?#<*5*X&0%5#&51&51L(%&)$1D1&9*.#&)*+1&(1C%&0$*"*P(#&-%0&'1&9#)*%&?
_1+0%5&*&=%$#)'0%5X&A 77X&$#/)*.#&'1&%4%/*<*5#&4$%"*)&81C#&D1>?&'#D*D&=#>#$*D#&L%
)$.%&%4#'(*V&$#/D1$#&=%"*)*&4%0$1"#&9*.*&'?&$#/.*P*"*X&#.*&51&0#%&C.#)(*&(#)%>1(#&5#0#
D$S8#&4$%"*)&'"$#(#<#X&0%51&51&0$#JX&'#D&'"$#(#<X&%9*.#"%&4%D#C#%  &@&#4$*.#& 7
4$%)#.*.*&'?&/#)1$1(*<*&?&0$#J1)&L)%$&?&;?L*D?X&/#$%9*.*&0$#J#&*&%L)1.*&C#&0#%&'?S8#&?
D#>#$'0*&K*+1C$#L&3$*)$1D1(#&).#L#X&(#&P1.?&'&4#.#"*(%D&-*"$*V%D&;?910%DX&*D#.#&51&?
%)#5&D#V&?&'#D%5&/1DJ*&D(%C%&4$1P*V&9$*C#X&(1C%&+"%&9*&9*.%&$1+#)#81&%&9%'#('0%D
0$#J1)'0%D&4$1'"%.?&T#&'#D&D#>#$'0*&4$1'"%&5#)*+1&'1&"$*&%/9*J(#&4$1"1(L1("#&b#L*'.#)
T#4?J'0*X&4%J'0*&0$#J&K.#L*'.#)&*&#?'"$*'0*&)%5)%L#&K*.V1.D&=#.%&0#'(*51&4%L*C%+1&'1
*&'&4%P1"0#&/#4.#+1(1&4$*'"#.*<1&!*C*'D?(L%)1X&D1>?&0%5*D#&51&)*L(%&D1'"%&*D#%
D#P)#('0*&9#(&O#(%+&=#$%"&T*0%.*&M#$*&?'41.%&51X&(#54%'.1X&L#&')%5*D&4%'$1L%)#81D
%.#0+#&0$#J1)&4%.%S#5&*&L#&/(#"(%&L%4$*(1'1&81C%)?&%'.%9%>18?&&%0"%9$#&*'"1&C%L*(1
3$*$%L(#&51&'")#$X&L#&'?&(14$*5#"1J*&0$#J#&!*C*'D?(L#&?&;%'(*&/#&)$1D1&"1&81C%)1&(1)%J1
9*.*&L*C.*&C.#)1X&V%"1Q*&L#&+"%&4$1&*'0%$*'"1&$1"0%&4%)%J(?&4$*.*0?&T#$%P*"%&'1&"%&)*L*
0%L&D%Q(%C&:$)%5#X&0%5*&?&'")#$*&0$#J?51&4%$1L&!"14#(#&`'"%51&@&L1<1D9$#& 77&F%L¯
'$¯L<#&V%"1Q1&L%9$%)%.(%&4.#"*"*F&:$)%5*&*&'*(?&D?&;#.+*&/#&8*V%)1&?'.?C1X&`'"%5#&*D
91+1&L#$%)#%&C$#L&b*)(%&'#&')%D&S?4%D  &`5#P#(&"#0%X&*&4%(1'1(&?'41'*D#X&:$)%51&$#/)*5#
S*)?&#0"*)(%'"&[&5?(?& 7&%(&51&4%/*)#%&C$#L&\#L#$X&L#&4$*/(#&)$V%)(?&).#'"&0$#J#
b#L*'.#)#&T#4?J'0%CX&#&%(X&'#&0$#J1D&`'"%5%D&*&')%5*D&9$#"'")%DX&L#&Q1&*D&C#$#("%)#"*
/#+"*"?&%L&')#0%C&(14$*5#"1J#&\#L#$&51X&L%*'"#X&4$*D*%&4%(?L?&*&F4%'"#L1&0#'(*51
'$1L*+"1D&b#L*'.#)%)1&'"$#(01&?&-#.D#<*5*F &`'"%5#X&%'%0%J1(X&4%P1&D*'.*"*&*&%&"%DX
L#&%9(%)*&H)$"0%)?&4%.*"*0?&(#&"%5&'"$#(*&`(&L%.#/*&'&)%5'0%D&4%L&B(*(X&(10#L#+81
*'V%L*+"1&9%'#('01&#0<*51&?&-#.D#<*5*X&0%51&51&C%L*(?&4$1&"%C#&?4%$(%&9$#(*%&*&%L9$#(*%
%L&:$)%51)*V&(#4#L#&/#4%)1L(*0&D#>#$'01&4%'#L1&R("%(&e%D01$10* &[&*'"%&)$1D1&0$#J
(#D1$#)#&*&L#&4%P(1&'#&4%L*/#81D&51L(1&L%9$1&")$>#)1&'#&.?0%D&?&L#.D#"*('0%D&4$*D%$5?
B$#51D&L1<1D9$#& 7&4#%&51&?&$?01&0(1/#&T1.*4*Q#&:$)%51)#&+?$#0#X&")$L*&B.*'i&#&A&D#5#
 7X&4%")$L*%&:$)%51&'&U)#(%D&T1.*4*Q1DX&?&*D1&b#L*'.#)J1)%&*&`'"%5*(%X&')1&$#(*51
4%).#'"*<1&C$#L?&e*91(*0?X&0%5*&L%>1&4$*)$1D1(%&*&4%'$1L(%&4%L&9%'#('0?&).#'" &U
`'"%5#X&0%5*&51&2&5?(#&4%")$L*%&4%).#'"*<1&e*91(*0?&*&H$%C*$?X&*&:$)%51&0#%&$#(*51&*
H)$"0%X&$#L*.*&'?&?&*D1&0$#J#&b#L*'.#)#i&0%5*&9*+1&L#.10%&*&P*5#&*D&4%'$1L(#&).#'"&(*51
D%C.#&'4?"#)#"*&.*P(1&#D9*<*51
R.*&%'"#.*&C$#L%)*&?&-#.D#<*5*X&4%(1CL1&'?C1$*'#(*&%L&=.1"#0#X&%L9*+1&L#&$#L1&'#&;%'(%D


 

 72
*&81(*D&J?L*D#X&D#0#$&*&?&*D1&(#4?J'0%C&0#(L*L#"#&!4.*Q#(*&'1&P#0&%L.?P*+1&(#&%$?S#(
%"4%$&4$%"*)&:$)%5#X&4#&(#4#L%+1&*&%')%5*+1&81C%)&C$#L&`D*+&;%51Q*&'1&0#/(1&/#"%&C$#L
%L.?P*&L#&4$*/(#)$V%)(?&D.1"#P0?&).#'"&*&L#&"#0%&L%9*51&/#+"*"?X&#.*&=.1<*&(1&V"1L%+1
L#&'1&"#0)*D&51L(*D&#0"%D&'?)*+1&*/.%S1%')1"*T#4?J#<#&*&9%'#('01&).#L1&B#L&51&:$)%51
/#"$#S*%&%L&-?9$%)P#(#&*&=.1P#(#&4%D%Q&?&.#>#D#&4$%"*)&!4.*Q#(#X&%L9*+1&C#&@&%0"%9$#
4$)*X&#&@&L1<1D9$#& 7&*&L$?C*&4$*5#"1J*X&S1.1Q*&L#&%P?)#5?&4%"4?(?&(1?"$#.(%'"&T#
D.1"#P0%5&'"$#(*&"#&(1?"$#.(%'"&(*51&9*.#&*'0$1(#&*&L%.#/*.#&51&)*+1&%L&'"$#V#&(1C%&%L
)$.*(1&B$#J&`'"%5#X&4$#Q1(&!#(L#J1D&*&0(1/%D&3#).%D&Y#L1(%)*Q1DX&*&'"#.(%&?
(14%'$1L(%D&L%L*$?&'#&:$)%51DX&0%5*&51&'&T1.*4*Q1D&*D#%&)$.%&)1.*0&?"*<#5&?&<1.%5
-#.D#<*5*X&(#.#/*%&'1&'$1L*(%D& 7&'#&)%5'0%D&(#&L%8%5&d1"*(*&*&D%C#%&51&0#%&(14$*5#"1J
*&L#&9?L1&%L&)1.*01&%4#'(%'"*&[&.1"%& 7&9%'#('0#&'"$#(0#&'"#5#.#&51&?&-#.D#<*5*&)$.%
L%9$%&*&!"14#(&`'"%5#&L#)#%&51&?"*'#0&).#L#$#&0%5*&Q1&%9(%)*"*&"#D%&/(#P#5&;%'(1&%L&4$1
L1'1"&C%L*(# &O1L*(%&51&/#&"%&)$1D1&D#>#$'0#&)%5'0#&(#&'1)1$?&?'41.#X&4%D%C(?"#&%L
/#C$19#P0%C&9*'0?4#&*&'.#)%('0%C&9#(#X&L#&4%)$#"*&L?9*P0*&0$#5
-?9$%)(*0&51&*&%)%D&4$*.*0%D&%'"#%&(14%0%.19*)&?&')%5%5&)1$(%'"*&4$1D#&0$#J?
!*C*'D?(L?&H%&D?&9%'#('0*&)1.*0#+*X&!*C*'D?(L%)*&4$%"*)(*<*X&(*'?&(*0#0%&D%C.*&L#
%4$%'"1&O%+&@&D#$"#&A&-?9$%)P#(*&(*'?&%L%9$*.*&:$)%5?X&L#&*/)1/1&*/&8*V%)#&C$#L#
4$#V#X&9%D9#$L*&*&9#.*'"#X&4$#)L#5?Q*&'1&L#&*V&(1D#5?&R.*&'?X&?&'")#$*X&"%&%L9*.*X&*#0%
(*'?&'D1.*&$1Q*X&F51$&'1&(1&?'?>?51D%&L#"*&/9%C&J?9#)*&(#+1C&C%'4%L*(#&0$#J#F &3%"%DX
2&E%0"%9$#X&A&(*51&L#.#&Y14?9.*0#&:$)%5?&(*&')%51&.#>1&/#&81C%)&4?"&F& 

m F &*&%41"&*/&%9/*$#&4$1D#&!*C*'D?(L?X&51$&'1&D%C.%&/(#"*&L#&:$)%51&'4$1D#&(1+"%


4$%"*)&81C#&3%'"?4#0&8*V%)*V&J?L*&4$1D#&"?$'0*D&4%'.#(*<*D#&?&-$*51)?&'D#"$#(&51X
*'"%&"#0%X&0#%&#0"&8*V%)#&4%.*"*P0%C&(14$*5#"1J'")#&`'"%5#&51&$#L*&"%C#&?L#$*%&(#D1"&(#
L?9$%)#P01&"$C%)<1&?&"%D&D1'"?&"$#S1Q*&*D&4%&L?0#"&%L&0?Q1&T#54%'.1&*&%L9*5#81&4%D%Q*
:$)%5?&4$%"*)&!4.*"#&4$#)*.%&51&)$.%&.%+&?"*'#0
B$#J&!*C*'D?(LX&4%.#/1Q*&/#&_1+0?X&91+1&4%)1$*%&%L9$#(?&/1DJ1&%L&H?$#0#&T*0%.*&M#$*
`)%D&51&9*.#&%L$1>1(#&*&1)1("?#.(#&#0<*5#&4$%"*)&;%'(1X&(#&0%5?&!*C*'D?(LX&*&4%$1L&')*V
L$?C*V&9$*C#X&(*51&D%C#%&(*0#0%&L#&/#9%$#)*&R.*&L%C#>#5*X&0%5*&'1&/9*+1& 7&C%L
%(1D%C?Q*+1&')#0*&4%0$1"&+*$1C&%9*D#&\#(*DJ*)%&51X&L#&51&.#0%D*'.1(*&#.*&)$.%&#0"*)(*
0$#J&!*C*'D?(L&*&(#$1L(?&C%L*(?X&4$)?&4%'.1&%'.%9%>18#X&4$%)1%&*&%41"&)1Q*D&L1.%D&(#
'"$#(*X&)#(&[C#$'01X&?&_1+0%5&*&R?'"$*5*&R0<*5#&81C%)*V&J?L*X&'&M#$%D&(#&P1.?X&')%L*.#&'1
?&C.#)(%D&(#&"%X&L#&'?X&4%+#)+*&?&-#.D#<*5?X&.*P(*D&L%L*$%D&V"1.*&L#&?"*P?&(#&*/)1'(1
%4+"*(1&*&%9.#'"*X&L#&%'"#(?&)1$(1&'")#$(%D&C%'4%L#$?&*&0$#J?&=#>#$'01&T#&"%D&4?"?
M#$#&51&'&9#(%D&fD1$*V%D&;?910%D&')$#"*%&*&?&-?9$%)(*0&B#L&51&M#$#&'"*C#%&?&C$#L !)
!$>#&/#V"1)#%&51&*&Y14?9.*0#&51&4$*D*.#X&L#&4%(%)*&')1P#(?&/#0.1")?&)1$(%'"*&0$#J?
!*C*'D?(L?&E&#4$*.#& 7G&`9#)1+"1(*&%&"%DX&4$%"1'"%)#.*&'?&0%L&Y14?9.*01&*
9%'#('0*&0$#J&*&)%5)%L#&:$)%51X&4%'.#)+*&"#D%&'&4*'D%D&Y#"0#&=*+#(%)*Q#&Y14?9.*0#&51
%LC%)%$*.#&A&D#5#X&L#&'?&'1&L%*'"#&/#0.1.*&*&%9#)1/#.*&4.#Q#"*&=#>#$'0%5&C%L*+8*
L%V%L#0X&#.*&L#&'?&/#&"%&L%9*.*&4%")$L?&')*V&4%).#'"*<#&FR&(#&C%'4%L*(#&0$#.*#&…'"%Û&*
(#&)#'¯&C%'4%L?&9%'#('0?&('?&(##'¯&*'0#.*&(*&"%C#*&9%C¯&L%4?'"*F&B$#J&51&9*%&%+"$*5*&%L
:$)%5#&*&(#.#/*%&51X&L#&"$19#&-?9$%)P#(1&?%4+"1&?0%$*"*&$#L*&(1.%5#.(%'"*&`(&*D&51
4$19#<*)#%X&L#&4$*D#5?&81C%)1&4$191C1&*&L#*V&(#'1J#)#5?&4%&')%5*D&'1.*D#*&C%)%$*%*D&51
(*&D#81&(*&)*+1X&(1C%&L#&(1D#5?&L?S(*V&%9/*$#&4$1D#&81D?&-?9$%)#P0*&C%'4#$*
%LC%)#$#.*&'?&?&)$.%&4%(*/(%D&'"#)?&0$#J?X&L#&FD*&"191&.Û9*D%&'$¯L<1D¯&*&L?+%D¯
(#+%D¯FX&*&L#&'?&*/L#.*&0#"1C%$*P(1&(#$1L91&L#&'1&')#0*&4$191CX&#0%&C#&CL1&*D#X&%LD#V
*/$?P*  &H1&C%L*(1X&?4.#+1(*X&-?9$%)P#(*&(#&51L(%5&'"$#(*&?")$>?5?&!"%(X&#&(#&L$?C%5
V*"#5?&'&4%0.%(*D#&*&4%$?0#D#&`'"%5*&*&:$)%5*&[&51'1(&0$#J?&'1&+#J1&(#$%P*"%&V)#"#(#
$*9#&?&T1$1")*&*&N*(#&N*%$1("*('0#&')*"#X&#&:$)%51)?&'*(?&'1&0?4?51&*&4%0.#8#&51L#(&L1%
/1DJ*+"#&?&!.#(%D 

3#.#"*(&M#$#X&9#(&;?910&*&8*V%)#&4$#"8#&4$%+.*&'?&L%9#$&L1%&-#.D#<*51&E!4.*"X&;$#PX
:)#$&*&B%$P?.?G&*&4$*L%9*.*C#&L#&%'"#(1&)1$#(&!*C*'D?(L?&T#&4%)$#"0?X&)*L1Q*&L#&'1


 

 7,
:$)%51&9#)*&%0%&d1"*(1X&9#(&;?910&51X&?&.1"%& 7X&?4#%&?&L?9*P0?&S?4?&*&?'41%&51&L#&51
%')%5*&*&4%)$#"*&!.#)%(*5*

H%C#&.1"#X&(#54%'.1X&4%'"#%&51&#0"*)#(&*&b#L*'.#)&T#4?J'0*&3%D#C#(&%L&4#41&;%(*N*<*5#
I^X&%(&51&$1+*%&L#&'4$1D*&')1&/#&')%5&4$1.#/#0&(#&L$?C?&%9#.?&O#L$#('0%C&=%$#&6&5?(#& 7
*D1(%)#%&51&R.%5/#&R.L1D#$*'0#&L1&=#$1'0*X&D#$+#.#&!*<*.*51&*&+1N#&(#4?J'01&N.%"1X
')%5*D&(#D1'(*0%D&?&[C#$'0%5X&:$)#"'0%5&*&-#.D#<*5*X&L#)+*&D?&)$.%&+*$%0?&4?(%D%Q&*
(#$1L*)+*&D?&L#&'1&P*D&4$1&0$1(1&(#&4?"&?&"1&/1DJ1&-%*'"#X&)1Q&'$1L*(%D&#)C?'"#&*/9*.#&51
(#4?J'0#&N.%"#&%L&+1'"&.#>#&(#&L#.D#"*('0?&%9#.?X&#&6&#)C?'"#&?+#%&51&(%)*&(#D1'(*0&?
\#L#$X&')1P#(%&4$*DJ1(&%L&C$#>#(#&:$)%51&'1&/#&"?&)1'"&?"#9%$*&0%L&\1D?(*0#&*&?4?"*
R.L1D#$*'0?&')%C&9$#"#&'&51L(*D&4%'.#('")%DX&L#&C#&4%/%)?&(#&'#'"#(#0&*&4$1C%)%$1&%&"%DX
0#0%&L#&'1&'0$+1&!*C*'D?(L%)1&4$*'"#.*<1&-%C%)%$&51&L%(1%&0#%&$1/?."#"&/#51L(*P0*
(#4#L#5&(#4?J'0*V&*&:$)%51)*V&P1"#X&'#&(1+"%&\#L$#(#X&(#&C$#L&K$#(?&E6&'14"1D9$#GX&0%5*&51
L$S#%&9#(&;?910&`)#5&'1&?&"%&)$1D1&(#.#/*%&(#&L$S#)(%D&'#9%$?&?&3%S?(?X&4#&(1/#L%)%J#(
%L.?0%D&L#&#?'"$*'0*&)%5)%L#&R.9$1V"&4%'"#(1&(#'.1L(*0%D&!*C*'D?(L%)*D&*&(10*D
L$?C*D&.*P(*D&$#/.%/*D#X&)$#"*&'1&0?Q*&*&4$1L#L1&&%0"%9$#&')%5&C$#L&R.L1D#$*'0?
3%'.1&K$#(1&4#L1&9$/%&C$#L&h?9#Q&0%L&T*(#X&#&L%D#.%&'1&4$1L#L1&*&'#D&!4.*"&e*91(*0&*
H$%C*$&4$*D*+1&(%)%C&(#D1'(*0#&0#%&L%'"%5(%C&/#D1(*0#&')%C&0$#J#&*&)$V%)(%C&C%'4%L#$#
`L&')1&-#.D#<*51&51L*(*&-?9$%)(*0&%'"#&)1$#(&!*C*'D?(L?&*&")$L*&C$#L&!0$#L*(X&(#&0%5*&'1
4%L*S1&4%)1Q#&)%5'0#&L#&C#&?/D1&b#L*'.#)&(#>1&D(%C%&4$*'"#.*<#&*&?&'#D%5&[C#$'0%5&M%"%)%
'#)&0.*$X&'#&%'"$%C%('0*D&(#L9*'0?4%DX&4$1>1&(#&81C%)?&'"$#(?X&S1.1Q*&L#&%LC%)%$1
4#4*(*D&S1J#D#&[&K1.*0%D&K#$#L*(?X&(#&'#9%$?&L$S#(%D&5#(?#$#&D1'1<#& 7AX&9*&P#0
b#L*'.#)&')1P#(%&4$%C.#+1(&/#&0$#J#&*&4%.%S1(#&D?&/#0.1")#&!*C*'D?(L%)#&'"$#(0#
4%'"#5#+1&')#0*&L#(&D#8#&O1L(%&)$1D1&P*(*.%&'1X&L#&C#&51&*&$#"(#&'$1Q#&(#4?'"*.#&]1C%)#
)%5'0#X&0%5?&51&)%L*%&(%)*&9#(&3#).1&;1+18*X&9*&0%L&;*V#Q#&$#/9*51(#X&#&'#D&9#(&S*)
/#$%9J1(&3%'.1&"%C#&F4#L1&P*"#)#&/1DJ#&:$)#"'0#&%L&-$#)1&L%&D%$#&?&$?01&(#4?J'01
'"$#(01F  &B$#J&b#L*'.#)&D%C#%&51&'#L&4$1Q*&?&-#.D#<*5?&*&4%0?+#"*&L#&4%"4?(%&?")$L*
')%5?&).#'"&.*P(*D&4$*'?'")%D&UX&L%*'"#X&&5?.#& 7A&L%+.%&51&?&\#L#$&L)#(#1'"&)1.*0*V
(#4?J'0*V&.#>#X&'&0$#J1)'0*D&)*"1/%)*D#X&0%8*D#X&(#D*$(*<#D#&*&4%0.%(*D#X&L#&4$*4$1D1
')1&/#&')1P#(*&L%.#/#0&!5?"$#&L#(&'"*C#%&51&*&)%5)%L#&:$)%51&'&9%'#('0*D&4%'.#('")%D&?
C$#LX&4$1D#&0%D1&'?&T#4?J'0*&C%'"*&*D#.*&)$.%&D(%C%&4#S81&`(*&'?&L%9$%&9*.*
%9#)1+"1(*X&L#&51&%(&F(#5D%Q(*5*&0(1/F&9%'#('0%C&0$#J1)'")#&*&51L#(&%L&(#5/#'.?S(*5*V
J?L*&/#&?'41V&b#L*'.#)J1)&[&C$#L?&'1&C%)%$*.%X&L#&Q1&)%5)%L#&(#4?'"*"*&')%5?&)1$?
4#"#$1('0?&*&4$1Q*&?&0#"%.*P#('")%&*&"%X&D1>?&%'"#.*DX&*&'&"%C#X&+"%&'1&(#L#X&L#&Q1&9*"*
4%'"#)J1(&/#&?4$#)(*0#&;%'(1&EF& 
& & 
&
 &  & &  

l

FG&U/&%)%C&'.1L*.%&9*X&D%SL#X&L#&51&:$)%51&?&"#5&D#V&9*%&?&$>#)*D&%L(%'*D#&'#
0$#J1D&`'"%5%D&*&L#&51&V"1%&L#&C#&4%D%Q?&0$#J#&b#L*'.#)#&*'"*'(1&*/&;%'(1  &U.*&51X
D%S1&9*"*X&*/$#/%D&WHU\^8A.&0%5*&'1X&D1>?&%'"#.*DX&(#.#/*%&*&?&"*"?.*&0$#J#&!*C*'D?(L#X
:$)%51&V"1%&L#&%91/91L*&*&')%5&(%)*&4%.%S#5&?&-#.D#<*5*&*&$#(*5*&?&/#4#L(%5&;%'(*&/#51L(%&*
L#&"#0%X&0$#J1)'0*D&#?"%$*"1"%DX&L%9*51&4$*/(#81&/#&*/?/1"(?&).#'"&*&P*"#)%&4%L$?P51&0%51
51&*D#%“&B$#J&b#L*'.#)&4$*'41%&51&?&\#L#$&&5?.#&'#&(%)*V&'1L#D&.#>#&*&'#&D(%+")%D
4.1D*Q01&4$#"81&H#D%&51&"$19#%&L#&L%>1&*&0$#J&`'"%5#X&*&"%X&0#0%&'1&L%9$%&/(#.%X&0#%&)#/#.
D#>#$'0* &R.*&`'"%5#&'1&(*51&4%5#)J*)#%&?&\#L$?X&+"%&9*&C%)%$*.%&L%(10.1&?&4%")$L?
D*+J18#X&L#&'1&(#&(10%D&4*"#8?&$#/*+#%&'#&:$)%51D&[&\#L$?&'1&2&#)C?'"#&b#L*'.#)
0$?(*'#%&/#&D#>#$'0%C&0$#J#X&#.*&91/&0$?(1&!)&!"1)#(#&*&91/&')*V&4%"$19(*V&N%$D#.(%'"*
[&'#D?&=#>#$'0?&(*51&'D1%&L#&4%>1&9%51Q*&'1&/.1&'?L9*(1&')%C&%<#
B$#J&`'"%5#&'1&?&4$%.1Q1& 7A&(#.#/*%&?&9.*/*(*&-#.D#<*51X&?&3%'?+5?&*&;*+Q?&3%/*)
-?9$%)P#(#X&L#&4%'1"*&8*V%)&C$#L&0#%&F0?Q?&')%5?F&%L9*%&51X&L%'"#&91/%9/*$(%X&+"%&51&9*%
%P1)*L#(&/(#0&L#&4$1D#&Y14?9.*<*&(*51&*D#%&(#59%J1&%'1Q#81&]1C%)#&/.#&)%J#&'1&5#'(%
4$*D1Q?51&K1Q&0$#51D&N19$?#$#& 7AX&%P*"%&4%&81C%)%5&(#$1L9*X&)%5)%L#&Y#L*P&*/#/*)#&(101
'4%$%)1&(#&C$#(*<*&!$1L*(%D&#4$*.#&0$#J&"$#S*&?&=.1<*D#X&L#&D%S1&(#9#)*"*&*&L$S#"*
L)#&%$?S#(#&9$*C#("*(#&F/#&P?)#81&')%5*V&/1D#J#FX &4%&')%5&4$*.*<*&4%(#5)*+1&/9%C


 

 76
(1/C%L#&'&-?9$%)P#(*D#X&/#&0%51&51&/(#%&L#&Q1&L%Q*&[&#4$*.?&'1&9*%&4$%(1%&C.#'X&L#&Q1&'1
0$#J&'#'"#"*&'#&:$)%51D&*&Y14?9.*0#&51&?4?"*.#&4%'19(%C&4%'.#(*0#&%9#L)%5*<*X&L#&*V
4%(%)%&4%/%)1&*&L#&(#$%P*"%&D%.*&:$)%5#X&L#&%(&L1.?51&(#&0$#J#&/#&4$%D1(?
$#'4%.%S18# &R.*&(*+"#&(*51&?'41)#.%&`'"%5#&51&9*%&J?"&*&"$#S*%&51&%L&-?9$%)(*0#X&L#
%(1D%C?Q*&?&')%D&C$#L?&L)%5*<?&81C%)*V&4$%"*)(*0#X&3#).#&Y#L*+*Q#&*&3#).#&=#+"$%)*Q#X
0%5*&4.1"?&/#)1$?&4$%"*)&81C#&*&'"%51&?&)1/*&'#&0$#J1D&!*C*'D?(L%D&Y14?9.*0#&51
%LC%)%$*.#X&L#&51&=#+"$%)*Q&4$10%&!$9*51&%"*+#%&?&K.#+0?X&#&L#&Y#L*+*Q#&(1Q1&*/L#"*&(*
4$%C(#"*X&51$&51&-?9$%)(*0&%L#)(%&/#+"*"(*0&'.%9%L1 &O%+&"1S*&9*%&51&81C%)&/#V"1)X&L#
-?9$%)(*0&4$*/(#&9%'#('0?&)$V%)(?&).#'"&*&(#&')%5*D&91L1D*D#&$#/)*51&81C%)1&/#'"#)1&R0%
(1&4$*'"#(?&(#&"%&%(&51&4$1"*%&$#"%Di&#&*/L#%&51&(#$1L9?X&L#&')*&-?9$%)P#(*&/#&41"(#1'"&L#(#
D%$#5?&(#4?'"*"*&;%'(?&[&')%5%5&L#.D#"*('0%5&4%.*"*<*&%"*+#%&51X&L#0.1X&`'"%5#&L#J1&%L
H)$"0#X&51$&"#5&(*51&(*0#LX&9#$&0%.*0%&'1&L#(#'&/(#&"#0%&0#"1C%$*P0*&"$#S*%&L#&-?9$%)(*0
L%>1&4%L&81C%)?&).#'" &3$*$%L(#&51&'")#$X&L#&'1&-?9$%)(*0&/9%C&"%C#&'*.(%&4%4.#+*%
`LD#V&51&?4?Q1(&51L#(&4%'.#(*0&0$#J?&`'"%5*X&#&L$?C*&:$)%5?X&L#&*/$#)(#5?&'")#$&3%'.#(*0
%4$1DJ1(&0$#J?X&3#).1&M?(L?.*QX&*D#%&51&L#&')$#"*&*&)%5)%L*&Y#L*P?&*&L#&D?&0#S1X&0#0%&51
"#0)#&4%$?0#&*/(1(#L*.#&Y14?9.*0?X&51$&F(*'?&D*'.*.*&L#&Q1&*D&'1&*0#L&4%'.#"*&(10%&L#
0#S1&"#0)1&$1P*&*&L#&9*&;%'(#&4%D*'.*.#&(#&(10?&'")#$&4$%"*)&-?9$%)(*0#F&U&Y#L*P&51
"$19#%&L#&'1&/#?/D1&/#&8*V&*&L#&C.1L#&L#*D&0$#J&(1&(#4#L(1&(1L#)(%&?'"?4J1(%&4%L$?P51
M?(L?.*Q&51&*D#%&5%+&L#&4$*5#"1J'0*&/#L%9*51&*&)%5)%L?&!#(L#J#&*&0(1/#&3#).#X&*#0%&51
Y14?9.*0#&4%P1"0%D& 7A&9*.#&?&'4%$?&'#&!#(L#J1D&$#L*&4$%L#51&'%.*&?&!?"%$*(*&!#D%D
0$#J?&M?(L?.*Q&51&*D#%&$1Q*X&L#&'?&9%'#('0*&).#L#$*&L%'#L&4$*/(#)#.*&4%.*"*P0*&%L(%+#5
Y14?9.*01&R0%&'#LX&4$*"*'(?"*&'*.%DX&4$10*(?&)1/?&'&=#>#$*D#&4#&4$*/(#5?&9%'#('0?
)$V%)(?&).#'"X&/#$&(1Q1X&D%SL#X&L%Q*&)1Q#&)%5'0#&4#&4$10*(?"*&*&"1&)1/1&e"#&'1X&L#0.1X&"*D
L%9*5#“&T1*/)1'(%'"&*&(1)1$'")%&\#$&(*51&<#$&;#5#/*"&?&)*+1&4$*.*0#&"$#S*%&%L
-?9$%)P#(#X&L#&81D?X&D1'"%&;%'(*X&4.#Q#5?&?")$>1(1&L%V%"01&*&(*51&.*&-?9$%)(*0X&?&"%5
'")#$*X&%'"#%&)1$#(&')%5*D&%9#)1/#D#“&\#+"%&0$#J&C#/*&'"#$1&?C%)%$1&*&D1'"%&?")$>1(%C&$%0#
%L&+1'"&D1'1<*&L#51&"$C%)<*D#&'#D%&41"(#1'"&L#(#“&3$*'"#.*&'?X&D1>?"*DX&*#0%&4$10%&'$<#X
(#&4$1L.%C&L#&D1>?&8*D#&4%'$1L?51&=.1"#P0#&Y14?9.*0#&0#%&%9%'"$#(*&4$*5#"1J 
K*L1Q*&0$#J1)%&(1$#'4%.%S181&4$1D#&-?9$%)(*0?X&#&')#0#0%&*&4%&81C%)?&?4?"'")?X&*
)%5)%L#&Y#L*P&%"4$1D*&51L(%&4%'.#('")%&?&-?9$%)(*0X&"$#S1Q*&L#&D?&Y14?9.*0#&)$#"*
81C%)1&(1L#)(%&?'"?4J1(1&/1DJ1&\9?81(*&-?9$%)P#(*&4%'.#+1&D?&51L(%C&')%C&4.1D*Q#X&L#
C#&%L)$#"1&*&?D*$1&K%5)%L#&"$19#&L#&'1&'1"*&'"#$1&J?9#)*&*/D1>?&8*V&*&?'.?C#X&0%51&'?&%(*
?P*(*.*&81D?&*&81C%)%5&4%$%L*<*&?&)$.%&"1+0*D&L#(*D#&[&%'"#.%DX&0#0%&D%S1&"$#S*"*&"1
/1DJ1&(#"$#CX&0#L&51&L#)(%&4$*D*%&(%)#<&*&L#%&4%)1J1&%&8*V%)%D&?'"?4#8?“  
R.*&')1&"%&(1&4%D%S1&(*+"#&B$#J&51&9*%&0*)#(*&(*51&'1&L#%&?9.#S*"*&!*$%D#V&M?(L?.*Q
51&5#)J#%&?&-?9$%)(*0X&L#&0$#J&(*51&(*D#.%&)%J#(&/#&L?C1&4$1C%)%$1&*&L#&C#&D%S1&')#0*&P#'
9?0)#.(%&F%"1$#"*F&B$#J&51&0#/#%&*&4*'D1(%&4%$?P*%&L#&Q1&(#4#'"*&-?9$%)(*0&0#%&)#/#.#
0$#J#&!*C*'D?(L#X&4%+"%&51&%(&'&8*D&?&$#"?&[/#.?L&'1&Y14?9.*0#&9$#(*.#&"*DX&L#&"#0%&(*51
(*0#L&D*'.*%&0$#J&H)$"0%X&0%5*&4$1DL#&51&9*%&?&$#"?&'#&!*C*'D?(L%DX&(*51&(#4#L#%&(1L?S(*
-?9$%)(*0&_#0&(*&H?$<*&(*'?&"#0%&$#L*.*X&*#0%&'?&%L#)(%&'&=#>#$*D#&?&0$)*&3%&(#$1L9*
0$#J1)%5&0$1(?.#&51&)1Q&@&5?(#&9%'#('0#&)%5'0#&K%L*%&51&)%5)%L#&Y#L*P&0%5*&51&4$1+#%&?
L?9$%)#P01&F(%)1&%9.#'"*FX&"5&?&0$#5&%0%&B?$*.#&H?&51&4$%C(#%&0(1/#&0#%&4$1"'"#)(*0#
L?9$%)#P01&).#'"*X&(1&4$#)1Q*&*(#P1&(*0#0)1&L#J1&*'4#L1&[4.#+1(#&*&*/(1(#>1(#
Y14?9.*0#&'1&V*"(%&%9$#"*.#&)%5)%L*&:$)%5?&D%.1Q*&C#&/#&81C%)%&4%'$1L%)#81X&F51$&%(%&+"%
)*&V"1L(1"1X&V"1Q1&<1.#&;%'(#F&[&*'"*&D#VX&%(#&51&D%.*.#&L#&51&%(&*/D*$*&*&'#&0$#J1D
b#L*'.#)%DX&51$&-?9$%)(*0&(1D#&+"#&L#&9*$#i&%(&Q1&4.#Q#"*&')%5&L#(#0&%(%DX&0%&51&0$#J&?
=#>#$'0%5&:$)%51X&L%*'"#X&(*51&9*%&/#&"#0%&%+"$1&D1$1&*&'#)1"%)#%&51X&L#&'1&(#>1&(#P*(&/#
D*$ 
&\#?/1"&L%.#'0%D&0$#J#&b#L*'.#)#&%(&(*51&%9$#Q#%&)1.*01&4#S81&(#&%)1&L%C#>#51X&#.*
(*51&S1.1%&(*&(14$*.*0#&-?9$%)(*0?X&0%D1&51&L%*'"#&9*%&4$*5#"1J&K1$%)#"(%&51X&L#&'1&%(&?
%)%D&4*"#8?&*&4%'"?40?&(*51&'.#C#%&'#&`'"%5%D&*&L#&51&*&"?&51L#(&%L&$#/.%C#&/#&8*V%)1
%V.#L(1.1&.*P(1&%L(%'1


 

 7@
-?9$%)#P0#&4%.*"*0#&4$1D#&;%'(*&9*.#&51&%L#)(%&51L(1&.*(*51&U#0%&'?&9*.*&?&)1.*0%5
(1L%?D*<*&0#0%&Q1&'1&$#/)*5#"*&L%C#>#5*&?&[C#$'0%5X&%(*&*4#0&(*'?&V"1.*&L#&4$*D1&9%'#('0*
4$%"10"%$#"&Y#/.%C&51&5#'#(&3$%"10"%$#"&51L(%C&9.*'0%C&'?'1L#&.#0%&9*&'1&D%C#%&4$1")%$*"*
?&4$*"*'#0&*&?C$%/*"*&8*V%)?&'.%9%L?&!&"%C#&'?X&L%9$*D&L1.%DX&)%.1.*&*&!*C*'D?(L#&D1'"%
b#L*'.#)#&Y#'"*QX&0%5*&51&<$4#%&4%L#"01&*/&L?9$%)#P01&#$V*)1X&4$*P#X&L#&51&Y14?9.*0#
(?L*.#&`'"%5*&277&L?0#"#&L%0&51&S*)X&L#&9*&51&%'"#)*%&(#&D*$?&R0%&D?&51&L%&4$*V%L#&%(&*V&51
D%C#%&L%9*"*&*&91/&$#"#X&#.*&'1&?&-?9$%)(*0?&(*51&V"1.%&L#&'1&"%D&%L(%'?&L#&0#$#0"1$
)#/#.'")#  
-?9$%)(*0&51&(#&')1&(#P*(1&C.1L#%&L#&%L$S*&D*$&]*V%)*&J?L*&4%.#/1&(1&'#D%&0$#J?&*
:$)%5?X&(1C%&*&!#(L#J?&*&0(1/?&3#).?&_#0&*&'#D%D&Y#L*P?&+#J?&'1&4%'.#(*<*&*&%(&'1
4%/*)#X&L#&L%>1&?&-?9$%)(*0&(#&(%)1&4$1C%)%$1&R.*&0$#J1)#&(#$1L9#&C%)%$#+1&5#'(%&*
%L$1>1(%X&L#&9%'#('0#&)%5'0#&(#4#L(1&Y14?9.*0?&')&K.#V#&T#L#5?Q*&'1&"%D1&-?9$%)P#(*&'?
)1Q&&5?.#&4%$?P*)#.*&')%5*D&"$C%)<*D#X&L#&(#4?'"1&;%'(?&*&L#&'1&'0.%(1&CL1&51&0%D1
/C%L(*51  &2&5?.#&4$1+.1&'?X&L%*'"#X&9%'#('01&P1"1&*&'"#$?&L?9$%)#P0?&C$#(*<?&*&4%P1.1
4J#P0#8#&[&"%D&4%V%L?&4%$1L&Y#L*P#&?P1'")?5?&*&!#(L#J&*&0(1/&3#).1&`C%$P1(#&"*DX
Y14?9.*0#&%LD#V&$1+#)#&L#&51L#(&4%'19#(&%L9%$&"$%5*<1&4%P(1&4$%?P#)#"*&4*"#81X&'&0*D&')1
-?9$%)(*0&D%S1&L#&'1&?L$?S*&4$%"*)&;%'#(#<#X&F(#+*V&C.#)(*V&(14$*5#"1J#F&[&%9/*$&'?
L%.#/*.*&B%"%$#(*X&\1Q#(*&'&R.9#(<*D#&*&H?$<*&UX&L%*'"#X&)1Q&6&5?.#&51L#(&8*V%)
*/#'.#(*0X&'"%('0*&/#4%)1L(*0&3$*40%&;?"0%)*QX&L%9*5#&*('"$?0<*51&L#X&4%+#)+*&?&K#.%(?X
L%)1L1&%"?L#&51L#(&L1%&H?$#0#X&0%5*&Q1&/#&"%&9*"*&4%'19(%&(#C$#>1(* &[&*'"%&)$1D1&51
T*0%.#&3?<*Q&4$1C%)#$#%&?&\1"*&'#&c?$#+1)*Q*D#&*&L%9*%&4$*'"#(#0&%L&8*V&L#&(#4#L(?
/#51L(*P0*&!#(L#J#X&F0*&*1'"¯&)#+¯&*&(#+¯&(14$*5#"1.¯F &;%'#('0#&)%5'0#X&0%5?&'?
-?9$%)P#(*&<1(*.*&(#&@777&J?L*X&(#4#.#&51&'#&L)1&'"$#(1&!&4$*D%$5#&51&%41$*'#%&Y#L*P
!#(0%)*QX&#&'#&"$19*8'01&'"$#(1&!#(L#J&*&3#).1 &[&9%$9#D#&51&'&9%'#('01&'"$#(1&%L
/(#"(*5*V&J?L*&4%C*(?%&K?0%'#)&T*0%.*QX&#&%L&L?9$%)#P01&0(1/&*/&!.#(%C&3%+"%&'?
4%4#.*.*&*&%4.1(*.*&e?D1"&*&j$(%)(*<?&;%'#(<*&'?&'1&4%)?0.*X&#&-?9$%)P#(*&'?&'#9$#.*
/#&"%&)$1D1&L%& 777&J?L*X&L#&*D&'4$1P1&L#J1&#0<*51
[&"#0)%5&(1)%J*&-?9$%)#P0#&Y14?9.*0#&$1+*X&L#&4%'.?+#&'#)1"1&)%5)%L1&:$)%5#&*&L#&'1
4$*9.*S*&(%)%D&0$#J?&b#L*'.#)?&]*V%)&4%'.#(*0X&N$#"#$&=#$*(&;%L#P#X&9*&?4?Q1(&?
\#L#$X&*'"*(#&4%"#5(%X&L#&'1&(#>1&4$*&0$?(*'#8?&0$#J1)?&`(&51&"#D%&"$19#%&L#&'"?4*&?&)1/1&'
?C#$'0*D&)1.*0#+*D#*&L#&*D&'1&?&4$)%D&$1L?&4%"?S*&(#&4%'"?4#0&9%'#('0%C&0$#J#&B#L
-?9$%)(*0&(*51&4$*'"#%&L#&4$*/(#&)$V%)(?&).#'"&9%'#('0?X&0$1(?%&51&0$#J&4$%"*)&81C#
F')%51&(#5)1Q1&)%5'01F&EF 
&  
FGX&4#&51&4%P1%&L#&4#.*&0?Q1&*&4#.#P1&L?9$%)#P01X&L#
'1P1&)*(%C$#L1&*&)%Q8#01X&*&L#&V#$#4%&P*"#)%D&L?9$%)#P0%D&4%L$?P5?&_#0&(*&<$0)1&(1
+"1L*&?&')%D&(#'$"#8?&M%'4%L#&?C#$'0#&(1&"$19#&L#&L%/)%.1X&L#&'1&(#&+"1"?&L$?C*V&L$S#)#
+"1"*&?C.1L&*&4%'1L&D#>#$'01&0$?(1&[&*'"%&)$1D1&;%L#P#&51&"$19#%&L#&'1&'#'"#(1&*&'#
)%5)%L%D&:$)%51D&*&L#&D?&'1&4%"?S*&(#&4%'"?4#0&0$#J#&`'"%51&-?9$%)(*0&51&9*%&?)1$1(X
"$19#.%&51&L#&'1&0#S1X&L#&51&"%&?P*81(%&91/&'4%$#/?D#&'#&)%5)%L%Di&#.*&?&')#0%D&'.?P#5?&%(
"$19#&L#&P?51X&L#&9*&Y14?9.*0#&F4$1&4$1"$41.#&4%"4?(?&')%5?&4$%4#'"X&(1C%&+"%&9*&4$*'"#.#
(#&%(%&+"%&"$#S*&9%'#('0*&0$#JF&3%'.#(*0&51&*D#%&/#&L?S(%'"&L#&*&:$)%5#&/#D%.*&/#
4$14%$?0?&0%L&0$#J#&b#L*'.#)#X&0%D1&Q1&?C.#)(%D&$1Q*&*'"1&'")#$* &R.*&51&Y14?9.*0#X&?
*'"%&"%&)$1D1X&%L$S#)#.#&*&)1/1&'#&0$#J1D&!*C*'D?(L%D&H%&'1&0#(L#&/(#.%&*.*&'.?"*.%&?
%0%.*<*&0$#J#&b#L*'.#)#&*&'&"%C#&'1&%L&-?9$%)P#(#&"$#S*.%X&L#&L#L?&4$1<*/#(&%LC%)%$&H*D
4$1X&+"%&(1Q1&'*C?$(%C&4$*5#"1J#X&0#%&+"%&51&`'"%5#X&L#&/#D1(1&(1'*C?$(*DX&0#%&+"%&51
-?9$%)(*0&-#&51&"#&$1/1$)*'#(%'"&9*.#&%4$#)L#(#&)*L*&'1&%L#".1X&+"%&51&Y14?9.*0#&*/$1P(%
(#$1>*)#.#&')%D&4%'.#(*0?&;%L#P*&L#&(1&L#&0$#J?&b#L*'.#)?&(*0#0)1&%9#)1/(1&*/5#)1X&L%0
(1&L%>1&?&')%5?&D#>#$'0?&4$1'"%(*<? &Y#L*&"#0)%C&L$S#8#&-?9$%)P#(#&0$#J&b#L*'.#)
4%'.#&%'#D&')%5*V&.#>#X&0%51&(#(1'%+1&%'1"(1&+"1"1&L?9$%)#P0%5&%0%.*<*&*&4$*.*P(%
%D1"#V?&8*V%)?&"$C%)*(? &H#0#)&'"#)&0$#J#&b#L*'.#)#&L#)#%&51&*/)1'(%&%4$#)L#81&*
4%'"?40?&0$#J#&`'"%51&*&4$*.*P(%&51&%(1D%C?Q#)#%&'")#$(*51&4%'$1L%)#81&:$)%51)%&?
0%$*'"&-?9$%)(*0#


 

 7
K*L1Q*&"%.*0?&#0"*)(%'"&(#4?J'01&'"$#(01&*&%4#'(%'"&4%&')%5&4%.%S#5X&(*&0$#J&!*C*'D?(L
(*51&D%C#%&%'"#"*&L#J1&)#(&C$#(*<#&=#>#$'01&*&9#)*"*&'1&'")#$*D#&D#81&)#S(%'"*&`(&'1
 &5?.#&(#.#/*&?&3%S?(?&*&$#/)*5#&')?&')%5?&L1.#"(%'"X&*&L*4.%D#"'0?&*&)%5(*P0?X&L#&'?/9*51
(#4?J'0%C&4$%"*)(*0#&A7&'14"1D9$#&?4?"*%&51&51L(%&4*'D%&*&-?9$%)(*0?X&?&0%D&C#&51
V)#.*%&/#&L%"#L#+81&L$S#81&*&%91Q#)#%&'0%$?&4%D%Q  &!*C*'D?(L&51X&#0"*)#(&*&'D1%X
)$.%&9$/%&4%)$#"*%&')%51&*/C?9J1(1&4%.%S#51X&(#$%P*"%&%"0#0%&51&@&%0"%9$#&4$%C.#'*%
#D(1'"*5?&/#&')1&%LD1"(*01&K*L1Q*&"#5&(1(#L#(*&4$1%0$1"&0$#J&b#L*'.#)X&(1L%)%J(%
9%$91(X&?4.#+*&'1&*&5%+&"1&51'1(*&(#4?'"*&-#.D#<*5?&*&)$#"*&'1&?&T#4?J&3$1&4%.#'0#X&%0%
7&%0"%9$#X&%(&51&)%5)%L?&:$)%5#&*D1(%)#%&0#%&')%C&C.#)(%C&F(#D1'(*0#&?&[C#$'0%5X
:$)#"'0%5X&-#.D#<*5*&*&;%'(*F&EF  
& 
FG&-#%&D?&51&?&*'"*&D#V&*&"*"?.?&V1$<1C#
EX&G&'4.*"'0%CX&*&C$#L&!4.*"&'#&%"%<*D#&;$#P1DX&:)#$%D&*&B%$P?.%D&0#%&'#D%'"#.(%
4%L$?P51&F:1$<1+")%D&'4J1"'0*D&4%'"#51&%(&/#&4$#)%&'#D%'"#.#(&).#L#.#<&'&%L$1>1(*D
"1$*"%$*51DF 
&*&0#%&"#0#)&0?51&')%5&(%)#<X&L$S*&')%5?&)%5'0?&*&?$1>?51&')%5&L)%$&]1C%)#&51
4$1'"%(*<#&%"#L#&!4.*"X&?&0%D&'1&5%+&(#.#/1&"$#C%)*&81C%)1&%L9$#D91(1&0?.1X&*&?&;%'(*
.14*&5#5#P0*&C$#LX&(#L&S*)%4*'(*D&4#L%D&3.*)1X&0%5*&51&%(&4%L*C#%  &UD1&C$#L?&O#5<?&L#%
51&:$)%51&4%&"#.*5#('0%D&(#/*)?&F½F&51L(%C&C$#L#&0$#J#&b#L*'.#)#&]1D?&51X&0#%
FV1$¯<1C%?&'4."¯'0%D%?&*&0(1/%?&&-%.¯(*V¯&B$#*&*&*(*D¯&D(%C*D¯&/1D.#D¯FX& 7 &C%L
(#4*'#%&:)#.&0$'"5#(*(&)$.%&.14X&/.#"%D&?0$#+1(X&/9%$(*0&'#&1)#(>1J1DX&#4%'"%.%DX
#4%0#.*4'%D&*&4'#."*$%DX&0#%&51L#(&%L&(#5.14+*V&'4%D1(*0#&'"#$1&4*'D1(%'"*&?&;%'(*&\#
:$)%5#&51&4$14*'#(&*&51L#(&C.#C%J'0*&D*'#.X&?&0%D&51X&?&51L(%5&'.*<*X&*/$#>1(&%(&'#DX&(#
0%8?X&?&%0.%4?X&'#&L?C*D&0%4J1D&?&L1'(%5&*&'#&+"*"%D&?&.1)%5&$?<*X&CL1&'1&(#.#/*&81C%)&C$9X
4$*DJ1(&L1.*D*P(%&?&;%'(*&0#%&/1D#J'0*&C$9&/#&)$1D1&#?'"$%?C#$'01&?4$#)1&:$)%51&51&9*%
?&%)%&)$1D1&(#&)$V?(<?&')%51&D%Q*i&(#50$?4(*5#&.*P(%'"&;%'(1X&:$)#"'01&*&-#.D#<*51i
'")#$(%&D%Q(*5*&(1C%&'#D&0$#J& &(%)1D9$#& 7A&4$*D*%&51&:$)%51&')%5?&(%)?&L?S(%'"&?
!4.*"?X&*/D*$*)+*&5%+&*'"*V&L#(#&%91&/#)#>1(1&'"$#(01&?&C$#L?&\#&C$#L'0%C&0(1/#&?&!4.*"?
*D1(%)#&')%C&P%)10#X&)$9#'0%C&0(1/#&31"$*Q#&c?$>1)*Q#&-%D#.%X&?$1L*&%L(%'1&*&'#
'?'1L(*D&H$%C*$%DX&0%5*&51&L%".1&9*%&(14$*5#"1J&!4.*"#X&#&0%5*&D?&%"#L#&+#J1&P#0&*&')%51
'"$1.<1&?&4%D%Q&!#&-?9$%)(*0%D&)%5)%L#&51&%L$S#)#%&P*"#)%&)$1D1&'$L#P(1&%L(%'1X&*#0%&51
"$#5#%&$#"&'#&;%'(%D&[&-?9$%)(*0?&'1&/(#.%&*&91.1S*.%X&L#&51&:$)%51&4$10%&'$<#&4$#"*%&')1
%(%&+"%&51&9%'#('0*&0$#J&4$1L?/*D#%&4$%"*)&8*V
['41'*&0$#J#&!*C*'D?(L#&L*C%+1&L?V&*&0%L&-?9$%)P#(#X&0%5*&'1&')%D&'(#C%D&'4$1D#V?&/#
9%$9?&]*V%)#&(#4$1/#8#&*D#>#V?&'&4%P1"0#&?'41V#X&51$&'1&%(*&&%0"%9$#&V)#.1&=.1P#(*D#X
0#0%&F8*V%)#&4%'.#&L%9$%&(#4$1L?5?&4$%"*)&%(*V&;%'#(#<#F&`(*&'?&"*D&4%)%L%D&"$#S*.*
%L&=.1P#(#X&L#&(1&L#5?&;%'(*&(*0#0)1&4%D%Q*i&(#$%P*"%&L#&(1&L%4?'"1&')%5*D&4%L#(*<*D#&L#
*D&P*(1&$#"(1&?'.?C1&=.1P#(*&'?&?P"*)%&%L9*.*&"%&"$#S181&(#C.#'*)+*X&L#&'?&%(*&?
C.#)(%D&"$C%)<*&L#&0#%&"#0)*&*L?&/#&')%5*D&4%'.%D&')?L#&CL1&*L1&*&%'"#.*&V$*+Q#('0*&')1"
[&%'"#.%DX&(1&"$19#&/#9%$#)*"*&L#&51&9%'#('0*&0$#J&?51L(%&*&D.1"#P0*&C$#>#(*(&*&)$.%&L%9#$
4$*5#"1J&D.1"#P0*&*&L#&%(*&*&4$1D#&81D?&D%$#5?&*D#"*&L?S(*V&%9/*$#&R.*&*4#0X&D.1"#P0#
).#L#&51&?)1$1(#&L#&81(*&J?L*&(1&4$1.#/1&C$#(*<1&L%/)%J1(%C&0%L&"$C%)#<# &=.1P#(*
(*'?&V"1.*&L#&'1&/#D1$1&`'"%5*X&51$&51&9*.%&?&*/C.1L?X&L#&8*V%)#&"$C%)*(#&?&;%'(*&4%"4?(%
4%"*'(1&L?9$%)#P0?&j1.1Q*&*/)1'(1&?'.?C1&%L&Y14?9.*01&!)&=#$0#X&`'"%5#&51&"%&%")%$1(%
%91Q#)#%&*&(?L*%&51&=.1P#(*D#&`D*+&0#%&8*V%)?&"$C%)#P0?&0%.%(*5?&/#&;%'(?X&CL1&Q1&*D
J?L*&9*"*&'.%9%L(*&%L&')*V&L#)#8#&&%0"%9$#&?4?Q1(&51&=#$0%&-#(L%.%X&L#&%L(1'1
%LC%)%$1&(#&"1&4%(?L1&*&*/$#/*&/#V)#.(%'"&Y14?9.*01&(#&"#0)%5&4$1L?'$1"J*)%'"*&R.*X
%4$1/(*X&=.1P#(*&(*'?&V"1.*&L#&'1&D#&P*D&%9#)1S?&Y#/)*5#81&')%51&"$C%)*(1&9*.%&*D&51X
(#$#)(%X&L%9$%L%+.%i&#.*&4$*D#81&`D*+#X&(#&4$*D1$X&P*(*.%&*D&'1&)1Q&0#%&(1+"%&+"%
D%S1&*D#"*&*&%4#'(%'"*&!&"%C#&'?&$1+*.*X&L#&'1&(#54$1&?P*(1&*/)*>#8#&F(#&.*<?&D1'"#FX&L#
.*&51&*&?&0%.*0%&51&%(%&/C%L(%&/#&8*V%)1&"$C%)<1& 
Y#"&51&%)#5&L%'"#&/#(*DJ*)&?&51L(%D&4%C.1L?&)1.*0&9$%5&9%'#('0*V&4%L#(*0#&"$#S*%&51&/#
P*"#)%&)$1D1&L#&%'"#(1&?&)1/#D#&'&-?9$%)#P0%D&Y14?9.*0%D&*&L#&L%9*51&%L&81&'.%9%L#(
4$%.#/&*&*/?/1"(1&%9/*$1&B$#J1)&#?"%$*"1"&0#%&L#&(*51&9*%&#4'%.?"#(X&#&(*&D1$1&(#


 

 7
C$#(*<#D#&'?)*+1&%+"$1&=*&)*L*D%X&L#&)%5)%L#&:$)%51&(*0#0%&(1&4$10*L#&')%5*V&L%9$*V
)1/#&'#&Y14?9.*0%DX&*&L#&(14$*5#"1J#&')%C#&0$#J#&(1&'D#"$#&0#%&*&')%C#&H#0%&P*(1&*&L$?C*i
*&"%&*&4$%'"*&')1"&*&)%5)%L1&*&0(1/%)*&K.#'*&0(1/#&3#).#&"$#S*.*&'?&*&Y14?9.*0#&*D&51&A
#)C?'"#&L%/)%.*.#X&L#&D%C?&'#&')%5%D&'"%0%D&L%Q*&(#&L?9$%)#P0%&4%L$?P51i&*'"*(#X&(#&51L(%
%L$1>1(%&D1'"%&H#0%&'?&"%0%D&#)C?'"#&"$#S*.*&?&L)#"$*&FD#V#&4%).#'"*<1&P#0&*&K.#'*
F 
&l
FX&?/&(101&L$?C1&Y#L%'.#)?&K.#L%51)*Q?X&(1Q#0?&[C$*(%)?X&L#"#&51&'.%9%L#X&L#
D%S1&4$%L#)#"*&')%51&'")#$*&*&0?4%)#"*&'%X&F0#%&+"%&51&9*.%&L%4?+"1(%&*&L$?C*D#F 
T#$%P*"%&'?&L#)#(1&L%/)%.1&%(*D#&0%5*&'?&L%(%'*.*&?&-?9$%)(*0&$?L1&*/&;%'(1X&0#%&K.#L%5?
-$#S%51)*Q?X&0%5*&51&*D#%&@ &"%)#$#&%.%)#&*&L$?C*V&'")#$*&3%).#+Q1(&51&9*%&(#$%P*"%
;$#5*.%&H1/#.%)*QX&P%)10&0(1/#&3#).#X&4.1D*QX&0%5*&51&*'"%&"#0%&"$C%)#%&'&%.%)%D&[C.1L(%D
9%'#('0%D&).#'"1.*(?&K?0D*$?&\.#"%(%'%)*Q?&/#&P*5*D&51&'"$*<1D&9*.#&?L#"#&:$)%51)#
'1'"$#&K?P*<#X&L%/)%J1(%&51X&L#&81C%)&'.?C#&D%S1&0?4*"*&')*"1&?&'#D%D&-?9$%)(*0?&*
F')1C#&L$?C%C&+"%&?'V"1L(1X&'1D&%$?S5#&*&4$#V#F&_#0&'1&(*51&4$#)*%&*/?/1"#0&(*&'#&J?L*D#
)%5)%L1&Y#L*P# 

H%&-?9$%)#P0#&Y14?9.*0#&(1'?D8*)%&(*51&$#L*.#&91/&(10*V&(#$%P*"*V&$#/.%C#&T#D#&'1
P*(*&0#%&(#5)1$%)#"(*5*X&L#&51&%(#&V"1.#X&(#&')#0*&(#P*(X&L#&%9#)1S1&+"%&)*+1&J?L*&*&L#
`'"%5*X&?&'#D%5&/1DJ*&81C%)%5X&'")%$*&(14$*5#"1J'0?&'"$#(0?&T1D#&'?D81X&L#&51&%(#&4$*&"%D
(#5)*+1&$#P?(#.#&(#&L$S#81&)%5)%L1&:$)%5#&-#&'?&81(*&F4%'.%)*F&*+.*&L%9$%&)*L*&'1
(#59%J1&4%&"%DX&+"%&'1&)1Q&%0%&&'14"1D9$#&*'4*"?51&'&9%'#('01&'"$#(1&D%C?Q(%'"
4$1C%)%$#&/#&*/D*$181&K.#"0%&3#"#$1(&9*&?4?Q1(X&L#&'"?4*&?&)1/1&'&3#).%D&M?(L?.*Q1D&0#%
4%)1$1(*0%D&Y14?9.*01X&*&L#&$#'4$#)J#&%&?'.%)*D#&D*$#&6&'14"1D9$#&3#).1&51&L%9*%
?4?"1&L#&'1&4%"?S*&(#&(#(1'1(1&+"1"1&*&(#&4$10$+1(1&/#0.1")1&'&9%'#('01&'"$#(1&[/&K.#"0#
'1&5#)*+1&L%D#.%&0#%&4%'.#(*<*&9%'#('0*&!#(L#J&*&0(1/&3#).1&3$1L&8*D#&M?(L?.*Q&51
*D#%&L#&'1&(#$%P*"%&"?S*&(#&0$#J#&`'"%5?&*&81C%)%&$>#)%&4%(#+#81&j1.1Q*X&L#&)$+1&+"%
5#P*&4$*"*'#0&(#&;%'(?&-?9$%)P#(*&7&'14"1D9$#&*/L#L%+1&%+"$1&(#$1L91X&L#&(*51L#(
8*V%)&C$#>#(*(&(1&'D1&0?4%)#"*&*.*&4$%L#)#"*&'%&?&;%'(*&*.*&51&"#D%&4%&L$?C%D&'.#"*X
4$1"1Q*&0#/(%D&%L&77&L?0#"#&*&C?9*"0%D&L%"*P(1&'%.*&T#$1L9#&51&?9$/%&4$%+*$1(#&*&(#
%'"#.?&"$C%)*(?&-#&'?&-?9$%)P#(*&L%9$%&$#P?(#.*&'#&%4+"%D&'*"?#<*5%D&?&;%'(*&)*L*&'1
*/&)*+1&D%D1(#"#&3$1&')1C#X&#C$1'*)(%'"&51&4%4?'"*.#&*&"%&51&9*%&51L#(&%L&4$1L/(#0#X&L#&'1
J?L*&"$/#5?&(#"$#C&3%'.1X&:$)%51&51&?&51'1(&4%P1%&L#&4%0#/?51&)*+1&*("1$1'#&/#&'")#$X&+"%&51
D%C.%&L#&/(#"(%&L1.?51&(#&J?L1&?&;%'(*&3#).1&Y#L*+*Q&'"?4#&'&8*D&?&)1/?&c?$#>
Y#L*)%51)*QX&'"#$*&4$%"*)(*0&`'"%5*(X&+#J1&?&-?9$%)(*0&51L(%C&C.#'(*0#&*&L%9*5#&L%/)%.?
L#&"?&(#9#)*&(101&'")#$*&T#54%'.1X&'#D&0$#J&`'"%5#X&%/9*J(%&/#9$*(?"X&+#J1&%0%&7
%0"%9$#&51L(%&4*'D%&?&-?9$%)(*0X&0%51X&)1$%)#"(%X&"$19#&L#&4%'41+*&4%P1"1&4$1C%)%$1&U'"*
L#(&'"*C.%&51&*&4*'D%&0%51&51&Y14?9.*<*&?4?"*%&0(1/&3#).1&(?L1Q*&4$*D*$51&R.*&'#L
Y14?9.*0#&(*51&V"1.#&L#&'0.#4#&4$*D*$51&/(#5?Q*&L#&51&%(%&?&"#5&D#V&%L&0%$*'"*&'#D%&/#
;%'(?&]1(#&4#$%.#&9*.#&51&*.*&D*$&*.*&$#"X&4#&+"#&;%C&L#

K*L1Q*&%L.#/#0&0$#J#&b#L*'.#)#&*&?'41V1&!*C*'D?(L%)1&0$#J&`'"%5#&'1&4%9%5#&/#&'191&*
%L.?P*&L#&D18#&')%5?&4%.*"*0?&3$10%&D#P)#('0%C&9#(#&U)#(#&=#$%"#&E=%$%)*Q#G&%(
4%0?+#&L#&'1&4$*9.*S*&!*C*'D?(L?X&%91Q#)#5?Q*&D?&4$*/(#81&)$V%)(1&).#'"*&`9#)1+"1(#
%&"%D&-?9$%)#P0#&Y14?9.*0#&4%V*"#X&'#D%&L#&'0$+*&%D$/(?"%C&`'"%5?X&L#&"1&)1/1&%L#&:$)%5?
*&(#&"#5&(#P*(&*/#/%)1&%)%C&(#&#0<*5?&,&(%)1D9$#& 7A&L%9*.#&'?&L)#&L?9$%)#P0#
4%'.#(*0#X&?4?Q1(#&0$#J?&!*C*'D?(L?&*&)%5)%L*&:$)%5?X&*('"$?0<*51&%)#0)1&)$'"1&`(*&Q1
0%L&:$)%5#&(#C.#+#)#"*&L?9$%)#P0%&4$*/(#81&/#&81C%)?&4#S8?&4$1D#&8*D#&*&/#&(#'"%5#8#
L#&%L)$#"*&`'"%5?&%L&(1%4$#)L#(%C&(#4#L#5#&[&4*"#8?&%L(%+#5#&4$1D#&!*C*'D?(L?&*
b#L*'.#)?&%(*&'1&*D#5?&4$#)*"*&0#%&L#&Y14?9.*0#&?&"%D&4*"#8?&(1D#&'")%$1(1&%L.?01&*&0#%
L#&%'"#)J#&'#D%D&:$)%5?&L#&*V&%(&%4$1L1.*&+"#&L#&$#L1&_#0&'?&*D#.*&L#&D?&4$1Q?"1&*&"%X&L#
'?&4%+.*&(#&!*C*'D?(L%)&L)%$&M.#)(#&4#S8#&*D#.#&*D&51&9*"*&L#&+"%&5#P1&%<$(1&`'"%5?
H%C#&P%)10#X&"$19#.*&'?&%(*&L#&C%)%$1X&L*C#%&51&:$)%51&%L&'*"(#&L%&0$#J1)'0%C&4$1'"%.#X&#&%(
51X&F0#%&b?<*N1$FX&4%'"#%&(1/#V)#.#(&!#L&4$1L&P*"#)*D&/9%$%D&9%'#('0*D&D$#/*&')%C


 

 
L%9$%P*(*"1J#&*&81C#&(#)%L*&0#%&?/$%0&/#&%95#)?&$#"#&-?9$%)(*0?&T10#&:$)%51&9?L1
%4$1/#(&B#L&`'"%5#&"#0%&4%'"?4#&/#&81C%)#&S*)%"#X&+"#&"10&D%S1&L#&$#L*&4%'.1&81C%)1
'D$"*X&4$1D#&81C%)*D&(#'.1L(*<*D#&H$19#&'&"%C#&L#&'1&V1$<1C&4%9$*(1X&L#&D?&'*(&(1&%'"#(1
4%L&).#+Q?&`'"%5*(%D&FT#D#&'1&P*(*FX&*D#.*&'?&*/$1P(%&$1Q*&L?9$%)#P0*&4%'.#(*<*X&FL#&51
L%+.%&)$1D1&*&4$*.*0#&L#&4$*L%9*51"1&4.1D'")%&/#&'191F&R0%&:$)%51&0$1(1&#0<*5?&?&"%D
4$#)<?&-?9$%)P#(*&Q1&C#&4%D%Q*&')%D&')%5%D&'(#C%Di&P#0&Q1&?&"%D&(#Q*&4%D%Q*&*&0%L
'"%P#$'0*V&K.#V#&?&'#D%5&9%'#('0%5&0$#J1)*(*X&0%5*&'?&(1/#L%)%J(*&0$#J1D&*&0%5*D#
Y14?9.*0#&(*51&?/#.?L&L%/)%J#)#.#&?4%"$19?&')%5*V&"$S*+"#&R0%&4#0&:$)%51&(1Q1&'#D&L#&'1
%"*D#&/#&0$?(?X&-?9$%)(*0&C#&4%L'1Q#&(#&L$?C1&9%J1&P.#(%)1&L*(#'"*51&B%"$%D#(*Q#X&0#%X
4$*D1$#&$#L*X&(#&3#).#&Y#L*+*Q#X&0%5*&9*&9*%&%L#(&V1$<1C?&3%'.#(*<*&'?X&L#J1X&/#&')#0*
'.?P#5X&"$19#.*&4%/)#"*&V1$<1C#&L#&L%>1&(#&'"#(%)#81&?&-?9$%)(*0X&F51$&?&P*"#)%D&)#+1D
C%'4%L'")?&)*&*&)#+*&(#'.1L(*<*&(1&D%S1"1&*D#"*&'"#.(*5*&'"#(F&T#$#)(%X&L#&'?&4%$1L&"%C#
')1C#&*D#.*&$1Q*X&0#0%&51&`'"%5#&?4?"*%&!*C*'D?(L?&')%51&4%'.#(*01&L#&'1&*/D*$1&*&0#0%
0$*)*<?&/#&')1&9#<#&(#&:$)%5#
[&'#D%D&;?L*D?X&4$1L&0$#J1D&!*C*'D?(L%DX&4%'.#(*<*&'?X&4%'.1&P1'"*"#0#&(#&?'41V?X
*D#.*&')%D&')%5%D&$1P*"%+Q?&L#&?L#$1&(#&`'"%5?&F0%5*&'191&(#/*)#&0$#J1D&;%'(1F&_*"#)
81C%)&(#4#L#5&*D#%&51&9*"*&4$*0#/#(&0#%&?41$1(&4%'$1L(%&4$%"*)&=#>#$'01&*&81(%C
/#0%(*"%C&0$#J#X&0%D1&'?&-?9$%)P#(*&V"1.*&91/?)1"(%&%P?)#"*&)1$(%'"&B#%&(#C$#L?&/#
4$1"$4J1(1&+"1"1&Y14?9.*0#&51&"$#S*.#&L#&5%5&0$#J&4$1L#&"$*&%"%0#X&;$#PX&:)#$&*&B%$P?.?X
*.*&?&0$#581D&'.?P#5?&9#$&51L#(&%L&8*V&T#&!*C*'D?(L%)%D&L)%$?&4%'.#(*<*&"$19#&L#&(#
')#0*&(#P*(&'4$1P1&D*$&'#&`'"%5%D&\#&8&*D#5?&$1Q*X&L#&51&P%)10&F&  &  F
(#5(*S1C&'"141(#i&P%)10&0%5*&51&L%&')%C&4%.%S#5#&L%+#%&(1&4%&)$1L(%'"*&*&4$#)?X&(1C%&4%
C$1V?&EF &FX&&)1$%)#"(%&'1&%)*D&D*'.*&(#&81C%)%&(1/#0%(*"%&4%$10.%Gi&)1$%.%D#(&51
*&.#0%DX&')*D#&D$/#0&T#54%'.1X&#0%&0$#J&!*C*'D?(L&9#+&?'V"1L(1&'0.%4*"*&D*$&'&8*DX
%(L#&"$19#&%91/91L*"*&L?9$%)#P0?&+"1"?X&0%5#&*/(%'*&)*+1&%L&7777&L?0#"#&*&4%)$#"#0
4%'1L(?"%C&/1DJ*+"#&H%D&4$*.*0%D&L?9$%)#P0*&4%'.#(*<*&'?&*D#.*&L#&0#S?&*&(10%.*0%
$1P*&?&0%$*'"&:$)%51)?X&*#0%&%(&"%&(*51&"$#S*%&H$19#.%&51&$1Q*X&L#&51&%(&?&%4$1<*&EF 

  FG&'&`'"%5%DX&#&L#&'1&"%9%S1&/.%)%J#(&$#'"#)*%&*&'&0$#J1D&b#L*'.#)%D&[&')#0%D
'.?P#5?X&V%Q1&.*&0$#J&L#&F4%"4?(%&/#C%'4%L#$*&?&;%'(*F&%(&"$19#&L#&'1&'4%$#/?D1&'&:$)%51DX
L#&4%'.1&/#)#L*&D1>?'%9(%&9%'#('0?&).#'"1.?&*&L#&0$#J1)'")%&$#/L1.*&%(*D#X&0%5*D#&%(
?/V"1L(1&T#&4%'.1"0?&)#J#.%&51&'4%D1(?"*&*&L?9$%)#P0%C&0#(L*L#"#&/#&9%'#('0%C&0$#J#
*(#P1&L#(#'&(1L%)%J(%&4%/(#"%C&3#).#&Y#L*+*Q#B.1+*Q# 
-%0&'?&-?9$%)P#(*&(#&%)#5&(#P*(&4.1.*&D$1S1&4$%"*)&`'"%51&%(&51&?'41%&L#&'1&*/D*$*&'
0$#J1D&!*C*'D?(L%D&-?9$%)#P0%&4%'.#('")%&L%.#/*.%&51&(#&)1Q&C%"%)?&'")#$&[&Y14?9.*<*
'1&/#&"%&)$1D1&L#J1&'4$1D#.%&/#&$#"%)#81X&)1$%)#"(%&(1&'#D%&*/&4$1L%'"$%S(%'"*&2
(%)1D9$#&?")$>1(&51&?C%)%$&'&h?+"*P#(*D#&L#&L%)1L?&27&%$?S#(*V&5?(#0#&F(#&'.?S9?
L?9$%)¯P0?F &@&(%)1D9$#&L%(1'1(&51&/#0J?P#0X&L#&/#4%)1L(*<*&L?9$%)#P01&)%5'01&*
N.%"1&(#4#L#5?&4$%"*)(*01&F?&'")#$*D#&*&%'%9#D#X&*&8*V%)#&'1.#&*&0$#51)1X&0#0%&4%&D%$?
"#0%&4%&0%4(?F&U4#0X&*&%41"&'1&4$1D#&*/)1'(*D&J?L*D#&P*(*&*/?/1"#0&j1(*&0(1/#&3#).#
L%/)%J#)#&'1&L#&0?4*&+"#&S1.*&?&8*V%)?&C$#L?i&0(1/?&M$C?$?&T*0%.*Q?&4?+"#5?&L#&81C%)#
L)#&P%)10#&'"#)1&C$%9(?&4.%P?&(#L&81C%)#&%<#&*&L#&0?4*&4.#"(#&$#L*&?L#51&'1'"$*(1i&
L1<1D9$#&L#51&'1&L%/)%.#&F9%'#('0*D&4#"#$1(*D#FX&0%5*&91V?&L%+.*&'#&S1(%D&3#).#
Y#L*+*Q# 
M%L& 7AX&A&L1<1D9$#&*/L#"#&51&L?9$%)#P0*D&/#4%)1L(*<*D#&(#$1L9#&L#&4%P(?&(1+"%
S*)J?&#0<*5?&T#&B%$P?.*X&;$#P?&*&:)#$?&"$19#&L#&"$#S1&%9?'"#)J#81&"$C%)#P0*V&)1/#&'#
;%'(%Di&#&L#&'1&4%5#)J?5?&4$1L&`D*+1D&*&?&T1$1")#('0%5&B$#5*(*&F/#L#5?Q*&'"$#V&L#&(*0%&(1
4$%.#/*X&#.*&(1&P*(1Q*&(*0#0)1&+"1"1&L%0&)#D&L$?0P*51&(1&?'4*+1D%F&`L&"%C&'?X&(#$#)(%X
D%$#.*&9*"*&*/?/1"*&=.1P*Q*&0#%&5#P*&*&%4#'(*5*&&L1<1D9$#&?4?Q1(#&51&L?9$%)#P0#
N.%"#&4$1D#&B%"%$?X&L#&?/(1D*$?51&9%'#('0?&%9#.?&?&/#.*)?&*&L#&?/D1&T%)*X&#0%&D%C(1X&?/
4%D%Q&h?+"*P#(#i&L#&4$1C%)#$#&'#&3#+"$%)*Q*D#X&d$(%51)*Q*D#&*&L$&*&L#&?>1&?&*("*D(1
)1/1&'&B%"%$#(*D#&%&'#)1/?&4$%"*)&/#51L(*P0%C&(14$*5#"1J# 


 

 
['$1L&"*V&'4$1D#8#&'"*C.#&51&?&-?9$%)(*0&)1'"&%L&'#D%C&9#(#&U)#(#&=#$%"#&E=%$%)*Q#GX&L#
51&)1Q&'0.%4J1(&D*$&*/D1>?&!*C*'D?(L#&*&`'"%51&[&4%C.1L?&-?9$%)(*0#&9*.%&51&?C%)%$1(%X
L#&'1&)#'4%'"#)*&'"#81&0#0)%&51&9*.%&/#&).#L1&0$#J#&H)$"0#&B$#J&!*C*'D?(L&51&4$*D*%
%4$#)L#81&`'"%5*(%X&L#&51&$#"&4%P1%&+"%&'?&-?9$%)P#(*&4%D#C#.*&81C%)#&%LD1"(*0#X&3#).#
Y#L*+*Q#i&(#&"#5&(#P*(&4$*'"#%&51&*&(#&%L?/*D#81&4$*D%$5#&%L&!"%(#&L%&B?$*.#X&0%51&51
L%+.%&0#%&0#/(#&/#&"#5&4%'"?4#0&-?9$%)P#(*&'?&4%S?$*.*X&L#&4%4$#)1&?C%)%$&*&*/$#L1&/#
'191&4%)$#"#0&'"#8#&0#0)%&51&9*.%&4$1&$#"#&*&*'4.#"?&%+"1"1&UD#5?Q*&?&$?0#D#&4*'D#
`'"%5*(#X&!#(L#J1)#&*&Y#L*P1)#&%(*&'?&D%C.*&5#'(%&L%0#/*)#"*X&L#&51&-?9$%)(*0&(#4#L(?"
$#L*&)1$(%'"*&0$#J?&!*C*'D?(L?X&#&(1&/9%C&Y#L*+*Q#

B$#J&`'"%5#X&4%'.1&'4%$#/?D#&'#&!*C*'D?(L%DX&?4?"*%&51&%0%&,&L1<1D9$#&'#D&51L(%&4*'D%
?&-?9$%)(*0&!#L$S#5&"%C&4*'D#&(*51&(#D&4%/(#"X&#.*&/(#D%&L#&'?&-?9$%)P#(*&%L.%S*.*
%LC%)%$&(#&8X&#&4%%+"$*.*&(#&C$#(*<*&')%51&D1$1&4$1D#&;%'#(<*D#&[&'#D%5&;%'(*X&*/C.1L#X
L#&51&L%+.%&L%&(10*V&%4#'(*5*V&D%D1(#"#&B(1/&M$C?$&Y#L*)%51)*Q&"$#S*%&51&*&Y14?9.*0#&D?
51&%L%9$*.#&E7&L1<GX&L#&'1&D%S1&F'4#'"*F&(#&81(%D&4%L$?P5?&/#51L(%&'&4%$%L*<%D 
=1>?"*DX&5#)*%&'1&?&-?9$%)(*0&*&'#D&:$)%51X&'#%4+"#)#5?Q*&Y14?9.*<*&L#&51&4%P1%&*&'#D
4$1C%)%$1&'&`'"%5%DX&F0#0%&9*&L%9$%"#&D%C.#&9*"*F
&3%P1"0%D&(%)1&C%L*(1X& 7 X
?4$#)*%&51&`'"%5#&(%)%&4*'D%&?&-?9$%)(*0&0#/?5?Q*X&L#&4$*D#&)%5)%L?&3#).#&Y#L*+*Q#&*&L#
D?&)$#Q#&')1&Fã%&51&C%L$¯&(51C%)%&9*.%F&'1D&C$#L#&K*'?Q1C&*&4$*D%$5#&4%L&8*DX&/#&0%51&Q1
L%9*"*&/#D1(?&B#%&)1$?&L#&D*'.*&%/9*J(%&*&*'0$1(%&%(&51&*/5#)*%&L#&C#&4$1L#51&<$0)*
9%'#('0%5&*&81(%D&')1+"1('")?&0#%&(10%5&)$'"*&51D<#&!.*P(%&4*'D%&?4?"*%&51&3#).?&*
14*'0%4&9%'#('01&<$0)1&4%/*)#5?Q*&C#&L#&'1&)$#"*&*&4$*D*&')%5?&%9.#'"X&F1$1&D?&åà&9*.%&91/¯
0$*)*(1&?/1"%F&[&*'"%&)$1D1&4%/*)#(#&51&*&Y14?9.*0#X&L#&?4?"*&L)#&')%5#&4%'.#(*0#&0$#J?
FåàL#&9*'"1&0%*&'0.#L¯&*&D*$¯&+(*D¯&?P*(*.*F

R.*&-?9$%)(*0&(*51&D*$%)#%X&(*"*&51&D%C#%&L#&/#9%$#)*&.#0%&`'"%5*(%&4%(#+#81&[
-?9$%)(*0?&'1&/(#.%&L#&%)%&81C%)%&4%(#+#81&(1&L%.#/*&(*&%L&?)*>#)(%'"*X&(*&%L&J?9#)*X
(1C%&4%L&4$*"*'0%D&D#>#$'0%C&L)%$#&*&L?9$%)#P0*V&4$*5#"1J#&Y#L*&"%C#&Y14?9.*0#
(#'"#)J#&')%51&4$1C%)%$1&'&:$)%51D&4$%"*)&`'"%51&*&?'41)#&L#&?&5#(?#$?& 7 &L%>1&*&L%
N%$D#.(%C&'#)1/#&*/D1>?&8*V&:$)%51&(*51&D%C#%&L#&%4$%'"*&`'"%5*X&+"%&51&*/(1)1$*%
L%"#L#+8?&4%.*"*0?&*&%L&b#L*'.#)#&4$*+#%&!*C*'D?(L?&!)%51&(1C%L%)#81&(*51&0$*%&*&?
;%'(*&'?&'1X&'&"%C#X&'")%$*.1&L)1&5#01&'"$#(01&`&"%5&$#/.*<*&D*+J18#&*&%&)1Q*D
4$%"*)(%'"*D#&*D#&(1'?D8*)*V&)1'"*&-?9$%)P#(*&'?&4*'#.*&&L1<1D9$#& 7A&%&F)1.*0%5
%4$1<*F&D1>?&;%'#(<*D#X&F*&0#0%&51L#(&*L1&4$%"*)&L$?C%CF
&-?9$%)#P01&)1/1&'&4%51L*(%D
).#'"1.%D&*&*/?/1"(1&L%/)%.1&/#&4%51L*(<1&L%.#/*.1&'?&%P1)*L(%&*/&S1J1X&L#&'1&'"$#'"*&5%+
5#P1&$#/)*5?&=%Q(*&:$)%51X&0#%&C.#)#&%4%/*<*51X&4%)?0#%&51&/#&'%9%D&D(%C%&4$*5#"1J#&*
4$*'"#.*<#&=1>?&8*D#&51&0#%&(#5?C.1L(*5*&9*%&!#(L#J&B#L&51&2&5#(?#$#&'0.%4*%&:$)%51&*
'#)1/&'#&-?9$%)(*0%D&0$#J1)&4%.%S#5&4%'"#%&51&)$.%&"1S#0&!#)1/&51&*/$1P(%&C.#'*%
F'?4$%"*)#&0$#.?&`'"%*&(#&(1C%)?&4%C*9*¨&*&$#'?"*1&*&4$%C(#(*1&)#(#&0$#.1)#'"#)#F
:$)%51&'1&%9#)1/*)#%X&L#&Q1&?4?"*"*&4$10%&T1$1")1&)%5'0?&?&V?D'0?&/1DJ?&*&"#D%&4$%C.#'*"*
3#).#&Y#L*+*Q#&/#&0$#J#&9%'#('0%CX&F*&(#+%D¯&D%Q*Û&?&)#'1D¯&?/L$¯S#"*&C#&*&4%D#C#"*F&[
*'"%D&#0"?&'.*P(?&51&%9#)1/?&?/1%&(#&'1&*&-?9$%)(*0i&#.*&4%$1L&"%C#&5%+&*&"%X&L#&Q1&(#'"%5#"*
0%L&!*C*'D?(L#X&L#&:$)%51&L%>1&F[&D*.%'"¯&?&$1P1(%C¯&C%'4%L*(#&0$#.5#F
&-%9$%&51
4$*D1"*%&o&e*+*QX&L#&51&%)#&4%'.1L8#&"#P0#&L%+.#&?&?C%)%$&(1&'&"%C#X&+"%&9*&:$)%51
L%*'"#&S1.1%&L#&'1&D*$*&'#&!*C*'D?(L%DX&(1C%&+"%&51&"%&"$19#.%&-?9$%)(*0?X&L#&4$1L
D#>#$'0*D&L)%$%D&%4$#)L#&')%5&'#)1/&'#&51L(*D&"#0%&*'"#0(?"*D&P.#(%D&4$%"*)(1
'"$#(01
&:$)%51&51X&'1D&"%C#X&(#'"%5#%&L#&*/D*$*&-?9$%)(*0&'#&')%5*D&4$*5#"1J*D#X
!#(L#J1D&*&0(1/%D&3#).%D
R.*&"#5&'#)1/X&(#&0%D&'?&-?9$%)P#(*&"%.*0%&$#L*.*X&(1&L%(1'1&S1J1(*&4.%L&:$)%51&'1&9%5#%
L#&#0<*5%D&4$%"*)&`'"%51&(1&*/#/%)1&=#>#$1i&#&`'"%5#&51&%41"X&'#&')%51&'"$#(1X&*D#%&D(%C%
?'"$?P#)#8#&L#&'?0%9&'&:$)%51D&C%(*&(#&%+"$*<?&(%S#&U&'&"%C#&?9$/%&*/D1>?&8*V&L%.#/*&L%
4$1C%)%$#X&4#&*&L%&*/D*$18#& &D#$"#& 7 &4*'#.*&'?&-?9$%)P#(*&:$)%5?X&(1&91/&*/)1'(1
/#51LJ*)%'"*X&0#0%&'?&4$*D*.*&81C%)?&)1'"&%&*/D*$18?&'&0$#J1DX&F*&L#&C#&'"1&4$*D*.*&/#


 

 A
C%'4%L*(#&#&¨(¯&)#'¯&/#&'.?C?F&]1C%)?&4%(?L?&L#&4%'$1L?51&D*$&*/D1>?&Y14?9.*01&*&`'"%51
-?9$%)P#(*&'?&4$*D*.*&'&V.#L(%D&J?9#/(%+Q?&(1&L#)+*&D?&?&"%D&4$#)<?&(*0#0)1
0%(0$1"(1&*/5#)1&`(*&'?&'#D*X&"#5&*'"*&L#(X&?4?"*.*&0$#J?&4*'D%X&0#/#)+*&?&81D?&L#&'?
%9#)1+"1(*&%L&')%5*V&4%'.#(*0#&0%L&0$#J#&!*C*'D?(L#X&0#0%&51&0$#J&?')%5*%&L?9$%)#P01
$#/.%C1&*&?4?"*%&`'"%5*&4%$?0?&L#&)$#"*&-?9$%)P#(*D#&%L?/1"%&4$*D%$51&3*"#81&%&%+"1"*
%'"#)J1(%&51&9*.%&%L.?<*&D#>#$'0%C&C%'4%L#$#&-?9$%)(*0&51&"$#S*%&%L&`'"%51&5#'#(
%LC%)%$&L#&.*&4$*D#&D*$&(#&"%5&%'(%)*X&*&#0%&4$*D#&L#&'1&4$1C%)%$*&%LD#V&4%P(?

-%*'"#X&0$#J&!*C*'D?(LX&S1.1Q*&L#&%0%(P#&'4%$X&4%'.#&"$*&')%5#&4%'.#(*0#&?&;%'(?X&L#&(#
.*<?&D1'"#&4%'$1L?5?&*/D1>?&/#$#Q1(*V&'"$#(#&`0%&A7&D#$"#&"*&'?&'1&4%'.#(*<*X&'&0$#J1D
`'"%5%D&/#51L(%X&%P10*)#.*&?&;*+Q?X&0#D%&'?&9*.*&?4?Q1(*&*&L?9$%)#P0*&*/#'.#(*<*

R.*&L%&D*$#&(1&L%>1X&51$&`'"%5#&(*51&V"1%&L#&*/)$+*&%L$1L91&%&4%)$#"0?&0?$*.'0%C&4$*D%$5#X
$#/).#P1Q*&4$1C%)%$1&(#&')1&(#P*(1
`'"%5*(#&*C$#&%)%C#&)$1D1(#&4%'"#5#.#&51&)$.%&%4#'(#&]1C%)%&*/D*$181&'#&:$)%51D&9*.%&51
4%L&?'.%)%DX&L#&0$#J&4%(%)%&4$1>1&(#&(#4?J'0?&'"$#(?&`(&51&"%&9*%&%91Q#%&*&0#%
4$*'"#.*<#&b#L*'.#)%)&L%9*%&51&%L&81C#&&#4$*.#&4%.%)*(?&"$1Q*(1&4$*V%L#&H$%C*$#&*
e*91(*0#i&?&"%D&#0"?&81C#&51&b#L*'.#)&(#/)#%&(*+"#&D#81&(1C%&F(#+&(#5D*.*5*&'$%L(*0X
0#%&9$#"F
&H%X&*'"*(#X&%0?4J#&%0%&81C#&')1&4$*'"#.*<1&:$)%51)1X&#.*&D?&4%L$*)#&"1D1J
0%L&'"$#(01&0$#J#&!*C*'D?(L#&B#L&51&&#4$*.#&4%")$>*)#%&$#(*5#&%91Q#8#&L#"#
=.1P#(*D#&%&+*$%0*D&4%).#'"*<#D#&/#&8*V%)?&"$C%)*(?X&?/#&8&'1&(#.#/*&L%5?P1$#+8*
4$%"*)(*0&3#).1&Y#L*+*QX&4%$1L&3#).#&Y#L1(%)*Q#X&Y#L*P#&!#(0%)*Q#&*&L$?C*V&)%5)%L#X
'1D&:$)%5#&*&!#(L#J#

&H#L#&51&L$S#(&/9%$&9%'#('01&C%'4%L1&?&3%L)*'%0%D&*&?4#L#.%&51&?
%P*X&L#&%)#&L)%5*<#&(*'?&4$*'?'")%)#.#
&\#+"%“&B%L&:$)%5#&'?&D%C.#&9*"*&L)#&$#/.%C#&G
"#5X&+"%&51&`'"%5#&%L$S#)#%&)1/1&'#&!*C*'D?(L%DX&4$*D#%&81C%)1&4%'.#(*01&*&(#&"#5&(#P*(
*/*C$#)#%&%9#)1/1&4$*DJ1(1&4$1D#&b#L*'.#)?i&G&+"%&51&`'"%5#&L#%&+*$%01&4%).#'"*<1
=.1P#(*D#X&0%5*&(*'?&9*.*&(*&*'0$1(*&4$*5#"1J*&:$)%5?&(*&(#4?J'0%5&'"$#(<*&-?9$%)(*0
51X&(1D#&'?D81X&$#'4*$*)#%&D$S8?&(#L#5?Q*&'1X&L#&Q1&'#D%&)$.%&%/9*J(%&?C$%S1(*&`'"%5#
9*"*&)%J#(&L#&4%4?+"#&*&*/)$+*&%9#)1/1
:$)%51)%&(14$*5#"1J'")%&4$1D#&`'"%5*&*/#/)#.%&51&81C%)&4#L&B#0%&51&L%+.%&L%&81C#&(*51
L#(#'&'#')*D&4%/(#"%&Y#'"*Q&4$*P#X&L#&'?&-?9$%)P#(*&'#&:$)%51D&/#51L(%&0$1(?.*&)%5'0?&(#
`'"%5?&O#0%)&M?(L?.*Q&*&=#$*(&;?(*Q&4$%L$.*&'?&'&L?9$%)#P0%D&)%5'0%D&')1&L%&Y#D1X&L%0
51&8*V%)#&N.%"#&?+.#&?&T1$1")?&*&4%4#.*.#&-$*51)%&*&%0%.(#&D1'"#&`"#L#&'1&/#&L?S1
)$1D1(#&(#.#/1&?&"%D&D1'"?&:$)%51)*&P*(%)(*<*&4%$1L&%(*V&9$#Q1&Y#L*)%51)*Q#X&4$%"*)
0%5*V&51&%(&L1.%)#%&U&:$)%51)#&)%5'0#&?+.#&51&L?9%0%&?&;%'(?&Y#'"*Q&P#0&4$*P#X&L#&'?&?
;%'(?&?+.1&*&P1"1&0$#J#&!*C*'D?(L#&*&L#&'?&4%'1.1&)#S(?&!$19$1(*<? &`'"%5#&'1&(*51
D%C#%&%L$S#"*&=#>#$'01&P1"1X&#0%&'?&?+.1&?&!$19$1(*<?X&?P*(*.1&'?&"%&'#D%&'&(#D1$%DX&L#
?&8?&(1&L%>?&4$%"*)(*<*&O1$&!*C*'D?(L&51&'D#"$#%&?&4$%.1Q1&E,&#4$*.#G& 7 &`'"%5?&0#%
')%C&P%)10#&*&'#)1"(*0#&*&4*'#%&51&9?$C?(L'0%D&)%5)%L*&o*.*4?X&0#0%&Q1&`'"%5#&'#&')%5%D&*
D#>#$'0%D&)%5'0%D&?Q*&?&9%$9?&4$%"*)&b#L*'.#)#&*&:$)%5# &[&L$?C%5&4%.%)*(*&D#5#& 7 
`'"%5#&51&)1Q&9*%&'$?+1(&%L&:$)%5#&*&81C%)1&'"$#(01&*&D%$#%&51&L#&91S*&?&=#>#$'0?X&0$#J?
!*C*'D?(L?X&L#&"$#S*&"#D%&/#+"*"?&_*"#)#&;%'(#&91+1&'1&L*C.#&4$%"*)&81C#i&51L*(%&'?&'1X
?&")$L%D&;%9%)<?X&0#%&0$#J?&)1$(*&%L$S#.*&c?$%&*&K?0*Q&Y#L*)%51)*Q*X&0%5*&'?&P?)#.*&?
"%5&4$1'"%(*<*&0$#J1)'0?&0$?(?&*&0$#J1)'0?&4%$%L*<?
-?9$%)P#(*&'?&%LD#V&?4?"*.*&')%51&4%'.#(*01&0$#J?&!*C*'D?(L?X&L#&4#$#.*+?&`'"%5*(1
%4"?S91&*&*/(1'?&4$%"*)&81C#&')1&+"%&/(#5?&H$19#.%&51X&(#$#)(%X&4$*0#/#"*X&L#&C#&51&:$)%51
'$?+*%&(1&$#L*&81C%)*V&%L(%'#&4$1D#&!*C*'D?(L?X&(1C%&/9%C&81C%)*V&L$?C*V&%4#P*(#&[
*'"%&)$1D1X&&D#5#X&4%'.#.*&'?&-?9$%)P#(*&L)#&')%5#&4%'.#(*0#&V1$<1C?X&L#&D?&P1'"*"#5?&(#
4%91L*i&#&%L#".1&?&;%'(?X&0(1/?&3#).?X&!#(L#J?&*&<1.%D&/9%$?&9%'#('01&C%'4%L1X&0%5*&51&5%+
9*%&(#&%0?4?&3%'.#(*<*&'?&*D#.*&*/5#)*"*X&L#&-?9$%)(*0&%9?'"#)J#&')#&(14$*5#"1J'")#
4$1D#&;%'(*&*&L#&P#0&%L?'"#51&%L&%+"1"1i&'#D%&'?&9%'#('0#&C%'4%L#&*D#.#&L#&*D&)$#"1
/#4.181(?&'"%0?&*&%(%&+"%&51&?C$#9*%X&4$1&%95#)1&$#"#X&)%5)%L#&Y#L*P


 

 
\#&)$1D1&"*V&'D?"8*&-?9$%)(*0&91+1&/#4%'1%&"$*&4%D*8#(#&%"%0#X&;$#PX&:)#$&*&B%$P?.?X
9$#(1Q*&'1&"*DX&L#&*V&51&`'"%5#&"$#S*%&/#&'191&?&0$#J#&!*C*'D?(L#&T#&L$?C%5&'"$#(*&%)#5
4$1)$#"&91+1&*'0%$*'"*%&)%5)%L#&!#(L#J&:$#(*Q&L#&(#4#L(1X&'#).#L#X&/#$%9*&*&%'.14*
)%5)%L?&Y#L*P#X&'"#$%C&(14$*5#"1J#&4%$%L*<1&B%'#P#&*&51L(%C&%L&(#5%L#(*5*V&J?L*
`'"%5*(*V &`(&51&"#L#&4$%+*$*%&')%5?&).#'"&%L&4$*D%$5#&!#(0%)*Q1)%C&4$10%&<1.%C
3%4%)#&L%&*/#&T1)1'*81&H#L#&51X&D%SL#X&4%'1%&*&;.#C#5 
3%'.1&4#L#&`'"%5*(#&/#&(10%.*0%&'1&L#(#&(*51&/(#.%&0%&Q1&4%'"#"*&0$#J&?&;%'(*&T#5)*+1
*/C.1L#X&4%&D%Q*X&*D#%&51&:$)%51i&'#D%&51&9*.%&)1.*0%&4*"#81X&L#&.*&Q1&%(&.*P(%&V"1"*&*
'D1"*&L#&L*$#&?&/#0%(*"?&L*(#'"*5?&B%"$%D#(*Q#&-?9$%)#P0*&0#(L*L#"&9*%&51&&'
4$1"4%'"#)0%D&L#&:$)%51&(1&V"1L(1&4$*D*"*&0$?(1&&5%+&?)10&3#).1&Y#L*+*QX&F& &
&&
&&& &
  F &\#&0$#J#&51X&D1>?"*DX&4%(%)%&L%+#%&H)$"0%&IIX&0#%
(#59.*S*&P.#(&L*(#'"*51&`&81C%)%D&L$S#8?&/#&<1.%&)$1D1&%L&A@ 7 &(1D#D%&*(#P1
(*0#0)*V&9.*S*V&)1'"*
K*L1Q*&4$*D1$&')%C&4$1"+#'(*0#&H)$"0%&II&51X&5%+&)*+1&(1C%&%(X&D%$#%&L#&4%4?+"#&Q?L*D#
).#'"1.1X&0%5#&?/1&4?(&D#V&:1$<1C&:$)%51X&4%D#C#(&%L&)%5)%L1&!#(L#J#X&C%'4%L#$*&%4+"*D
4%.%S#51D&?&/1DJ*&`(&*/L#51&(#$1L91&*&$1+#)#&'4%$%)1i&0%L&81C#&'?X&(#&4$*D1$X&?&C.#)(%D
L%9*.*&-?9$%)P#(*&4$*/(#81&')%5*V&4$#)#&(#&0?$*.'0%&4$*D%$51&*&4%)$#Q#5&"1&/1DJ1&[
81C%)%D&0$#5?X&?&'#('0%5&%9.#'"*X&(#.#/*&'1&*/)1'(%&)$1D1&(%)*&0$#J&*&"#D%&'1&?4?Q?5?&*
L?9$%)#P0*&4.1D*Q*&*&9%'#('0#&).#'"1.# &3%$1L&)%5)%L1&:$)%5#&4%P*81&')1&)*+1&L#&'1
*'"*P1&!#(L#J&:$#(*QX&0%5*&51&"1&C%L*(1&4%'"#%&C%'4%L#$&*&!#(0%)*Q1)#&4%L$?P5#&H%&51
P%)10X&/#&0%C#&-?9$%)P#(*&0#/?5?X&L#&51&*D#%&FL?9%0&?DF&E ‚&  G &*&0%D1X
L$?C%D&4$*.*0%DX&A&#)C?'"#& 7 X&4*+?&0#0%&(*51&"#5(#&(*0%D1&Fã%&)*&V¨0*1"1&"%*&0*1
V¨""¯&C%'4%L*(¯&0$#.¯&H)$¯"0%&*&C%'4%L*(¯&V1$<1C¯&*&)'#&;%'(#F &!&8*D&'?&-?9$%)P#(*
*D#.*&L?C1&*&(#4%$(1&4$1C%)%$1X&L#&9*&*D&?'"?4*%X&4%$1L&)1Q&L%9*51(%C&4$*D%$5#&%L&B?$*.#
L%&!"%(#X&5%+&*&b*'#<X&/#&0%5*&51&%(&4$#)*%&"1+01&?<1(1
3%.%S#5&?&;%'(*&9*%&51&)$.%&/#4.1"1(&`'"%5#&51&(#+#%&4$*51D&(#&!*C*'D?(L%)?&L)%$?&*
$#/)*5#%&51&#0<*5?X&L#&'1&)$#"*&?&/1DJ?&0#%&4%91L(*0&-?9$%)(*0X&0%5*&51&'#)&9*%&/#
!*C*'D?(L#X&4%D#C#%&51X&D1>?"*DX&(%)%&'"#81&?&;%'(*X&'")%$1(%&%L&%")%$1(*V&4$*4#L(*0#
(#4?J'01&L*(#'"*51&F`L¯&4%"%4#&')"#FX&4*'#.*&'?&-?9$%)P#(*X&F(&'1&"%.*0%&')"¯&'D1.¯&*
)$¯".¯&0%.*0%&'¯L1F
&!14"1D9$#&D1'1<#&9*.%&51&?&-?9$%)(*0?&)1'"*X&L#&9*&0$#J
!*C*'D?(L&D%C#%&L%Q*&(#&C$#(*<?&;%'(1&EF
& &qFGX&%P1)*L(%&'#&(#D1$%D&L#&?"*P1&(#
9%'#('01&4$*.*01 &T#L#5?Q*&'1&"%D1&-?9$%)P#(*&'?&*&4*'#.*&!#(L#J?X&L#&"$19#&9*"*
%4$1/#(X&4#/*"*&(#&4$*5#"1J1X&?L1+#)#"*&')%5?&).#'"&F0¯&L%9$?&4$*'"#(*ã?X&#0%&¨L¯&0?L1
(#'?4$%")¯&(*1&0%*CL&)"#$¯&0ÛV(1&L#&¨*&(1&(#?L*F& &H?&%4$1/(%'"&4%0#/?5?&*
-?9$%)P#(*X&'"#$*&D#5'"%$*&?&L*4.%D#"'0%5&)1+"*(*&U'"1&C%L*(1X&6&'14"1D9$#X&%(*&'?
4%$?P*)#.*&')%5*D&4%'.#(*<*D#&0%L&!#(L#J#X&L#&4$*&?C%)%$?X&0%5*&'1&*/D1>?&8*V&*D#%
'0.%4*"*X&(1&9?L1&(*0#0%&'4%D1(?"%&*D1&0$#J#&b#L*'.#)#&`9$#/.%S*"*&'1&"%&D%S1&"*DX
)1.1&%(*X&+"%&'1&"?&$#L*&%&(14%'$1L(%5&'")#$*&*/D1>?&;%'(1&*&-?9$%)(*0#i&L$?C%X&+"%&9*X
*#0%&51&%(&'#L&4$*5#"1J&;%'(1X&(#&%'(%)?&')%C&'4%D1(#&?&?C%)%$?&D%C#%&4%'.1X&#0%&4%'"#(1
4$%"*)(*0X&"$#S*"*&%(#5&L#(#0X&0%5*&'1&L#51&'#D%5&;%'(* 
=.1"#P0?&Y14?9.*0?&%9#)1'"*%&51&%&4$%D1(#D#&?&;%'(*&V1$<1C&:$)%51&=?L$*&b#"*(*
4%/L$#)*.*&'?&(%)%C&0$#J#&0#%&'*(#&8*V%)#&'"#$%C&*&L%9$%C&4$*5#"1J#&0$#J#&H)$"0#i&A
#)C?'"#& 7 &4%")$L*.*&'?&81C%)%&D1'"%&D1>?&C$#>#(*D#&D.1"#P0*Di&#.*&(*'?&V"1.*&$1Q*
(*+"#&$>#)%&(*&%&0$#J?&`'"%5*X&0%5*&'1&4$1D#&8*D#&L%*'"#&4%(1%&)$.%&L%9$%&F`&')*D&"*D
'")#$*D#&D*&)1.*D%FX&4%$?P*)#.*&'?&%(*X&FL#&(1&S1.*D%&(*"*&"$#S*D%&(*+"#&L$?C%X&(1C%
L%9$%&*&D*$(%&'"#81&/1D#J#&*&D1'"#&9%'#('0%C&0$#J1)'")#F 
!*C*'D?(L&'1&L%*'"#&)1Q&?&D#5?&'4$1D#%&L#&0$1(1&(#&;%'(?&*&,&5?(#&5#)J#%&51&%&"%D&U)#(?
=%$%)*Q? &O%+&*'"1&C%L*(1X&(1&/(#D%&"#P(%&0#LX&0$1(?%&51X&4%&0$#J1)%5&(#$1L9*X&U
=%$%)*Q&'#&+1'"&9#$5#0#&*&'(#S(%D&)%5'0%D&(#&;%'(?&3?'"%+1Q*&4$%L$%&51&L%&;%9%)<#
F
 &   & 

& 
&ÄyX& & & 

&  &ly&
  F&H%&51X


 

 2
)1$%)#"(%X&%(#5&*'"*&4%V%L&0%5*&4%D*81&*&Y#'"*Q&?& 7 &C%L*(*&[&;%9%)<?&'1&(#.#/*.#
`'"%5*(#&4%$%L*<#&H?&'?&=#>#$*&)#'4%'"#)*.*&4%(%)%&`'"%5?&0#%&0$#J#&*&0#%&')%C&P%)10#
!*C*'D?(L&51&9*%&J?"&(#&;%'#(<1&*&?&L#$%)(%5&4%)1J*&=%$%)*Q?&(#/*)#%&*V&51
41$N*L(*D# 
T1$1L*&?&;%'(*&L#L%+1&4%)%L#&;#.+*&IIIX&'*(?&c?$>#&!"$#<*D*$%)*Q#X&4$%"*)(*0?
L*(#'"*51&*&4%.*"*01&B%"$%D#(*Q#X&L#&4%0?+#&4$%+*$181&')%51&).#'"*&(#&$#P?(&B%"%$#X
0%5*&'1&?&"%&)$1D1&5%+&(#.#/*%&4%L&9%'#('0%D&)$V%)(%D&).#+Q?&:$)%51X&0#%&C.#)(#&.*P(%'"
(%)%C&'"#8#X&'D#"$#%&51&'191&/#&4%/)#(#X&L#&'1&*'"#0(1&0#%&9$#(*.#<&?C$%S1(*V&9%'#('0*V
*("1$1'#&O%+&4$1L&0$#5&5?.#& 7 &4%$?P*)#%&51&%(&D.1"#P0%5&).#L*X&(10#&D?&'1&(1&/#D1$*&#0%
9?L1&(#4#%&;#.+*Q1&=.1P*Q*&'?&%LC%)%$*.*X&L#&'?&8*D#&')*&L%9$*&4$*5#"1J*&*&:$)%51X&*
;#.+#X&*&B%"%$X&*&L#&*D&51&)1%D#&S#%X&0#L&*/D1>?&8*V%)*V&4$*5#"1J#&L%.#/*&L%&'?0%9#i&%(*
'1X&*4#0X&(#L#5?&L#&Q1&:$)%51X&F51$&51&D?L#$FX&/(#"*&?L1'*"*&'")#$&"#0%X&L#&F4$*5#"1J*&*&'?'1L*
81C%)*&*&(#+*&D%C(?&S*)1"*&*&%4'"#"*F&"#0%X&L#&"%&9?L1&F(#&P#'"&*&0%$*'"&81C%)?&*&(#+1
L$S#)1F &R.*&B%"%$#(*D#&51&9*.%&L%L*5#.%&"1+0%&'"#81&4$*"*'0#&*&%(*&'?&$#L*&"%C#
"$#S*.*&L#&(1CL1&(#>?&4$*5#"1J#&*&'#)1/(*0#&/#&(1)%J?&`9$#"*.*&'?&'1&?&4$)%D&$1L?
-?9$%)P#(*D#X&0%5*D#&L%9#$&4$*5#"1JX&?&"#5&D#VX&*'"%&"#0%&(*51&9*%&(#&%LD1"&`'(%)#
4$1C%)%$#X&)%>1(*V&(#$%P*"%&?&51'1(&"1&C%L*(1X&9*.#&51&"#X&L#&51L#(&C$#L&4$*'0%P*&?&4%D%Q
L$?C%DX&'#&(%)<1DX&)%5'0%D&*&N.%"%DX&?&'.?P#5?&9%'#('0%C&(#4#L#5#&R.*X&L%0&'?&4$1C%)%$*
9*.*&?&4?(%D&510?X&L%9*.*&'?&-?9$%)P#(*&4%?/L#(1&)1'"*&%&9%'#('0%D&4%4?+"#8?&H%&51&(#
8*V&L1.%)#.%&L#&4$*.*P(%&%V.#L(1&4$1D#&0%"%$'0*D&4%(?L#D#i&#&5%+&*V&51&)*+1&?&"#0)%D
L$S#8?&4%5#P#)#.%&"%X&+"%&51&B%"%$&S1.1%&(1&'#D%&L#&*&;#.+#&?>1&?&"#5&'#)1/X&(1C%&*&L#&D?
/#51L(*P0*&-?9$%)(*0&*&B%"%$&4.#Q#5?&277&L?0#"#&C%L*+81C&L#(0#&B%"%$&51&(#&"#5&(#P*(
S1.1%&L#&%91/91L*&'191&%L&(#4#L#5#&;#.+*(*VX&#&*&L#&-?9$%)(*0&4%'"#(1&'#?P1'(*0&"1&#0<*51
*&$#L*&;%'(1&*&$#L*&0#0)*V&L$?C*V&/#4.1"# &K*L1Q*&"%&%V.#L(1.%&$#'4%.%S181
-?9$%)P#(#&B%"%$#(*&'1&%9$#"*+1&=.1<*D#X&L#&*V&%(*&4$*D1&4%L&')%5?&)$V%)(?&/#+"*"?
R.*&=.1<*X&/(#5?Q*&/#&:$)%51)&'"#)&4$1D#&;#.+*X&*&?91>1(*&L#&9*&*D&"%&D%C.%&L%(1"*
0$?4(*V&(14$*.*0#X&%L9*+1&"?&4%(?L?X&9$#(1Q*&'1&L#&'?&F/#?/1"*&D(%C*D&*&$#/(*D&0$?4(*D
4%'.%)*D#F &B%"%$&51&"#0%&%'"#%&L#&P10#X&4%L(%'1Q*&L%'"#&*&%L&%(*V&0%5*D#&51&4$*4#L#%X
0#%&*&%L&%(*V&0%5*&'?&C#&S1.1.*
3$1C%)%$*&%&D*$?&*/D1>?&;%'(1&*&-?9$%)(*0#&%"1/#.*&'?&'1&*&4$1+.*&'?&*&?&(%)?& 72
C%L*(?&U/)1'(*V&4#0%'"*&9*.%&51&5%+&'&)$1D1(#&(#&)$1D1X&#.*&51&?4#L#.%&?&%P*X&L#&'?&4%P1.1
%+"$*51&D1$1&!4.*Q#(#&4$%"*)&-?9$%)P#(#&`)*&'?&'1&$#L*&"%C#&"?S*.*&:$)%5?&0#%&'"#$%D
4$*5#"1J?&-?9$%)P#(*D#&'1&P*(*.%X&L#&51&4%&'$1L*&(10*&(%)*&$#"(*&4%V%L&4$%"*)&8*V&H*D
4$1X&+"%&'?&'*C?$(%&9*.*&%9#)1+"1(*X&L#&51&:$)%51&"$#S*%&?&=.1<*D#X&?&D#$"?&D1'1<?X&L)1
.#>1&(#&4$%L#5?&T1'?D8*)%&51X&L#&'?&V1$<1C?&"1&.#>1&"$19#.1&$#L*&9%$91&%0%&%"%0#&Y#9#X&#&(1
4$%"*)&Y14?9.*01&!)&K.#V#&U4#0X&-?9$%)P#(*X&(1&/(#5?Q*&/#&"%X&'D#"$#.*&'?&/#&4%"$19(%&L#
5#)1&D#>#$'0%D&0$#J?X&0#0%&'1&;%'#(<*&'4$1D#5?&4$%"*)&8*V&F4%&0%4(?&*&4%&D%$?FX&L#
(#4#L(?&8*V%)1&%"%01&*&FP*"#)?&(#+?&%'"#.?&L$S#)?FX&*&0#0%&51&8*D#&)$.%&"1+0%&9$#(*"*&'1
%L&"1&'(#C1
&K$.%&51&)1$%)#"(%X&L#&'?&%(*&*&(#D1$(%&?)1.*P#)#.*&'")#$X&L#&9*&*/#/)#.*
4$*"*'#0&D#>#$'0%C&L)%$#&(#&9%'#('01&)1.*0#+1&*&0$#J#X&L#&9?L?&?&4$1C%)%$*D#
4%4?'"J*)*5*
B$#J&!*C*'D?(L&(*51&9*%&D(%C%&%'1"J*)&(#&'.*P(1&5#?01X&#.*&'1&%)%C&4?"#&*4#0&4#SJ*)%
L$S#%&4$1D#&-?9$%)(*0?&K1$(%'"&Y14?9.*01&"$19#.#&51&9*"*&(#C$#>1(#&B$#J&*&81C%)#
'"$#(0#&?'"#.*&'?&1(1$C*P(%&4$%"*)&')*V&4$%"*)(*0#&*&"$#S*.*&'?&4%"4?(%&$#+P*+Q#)#81
3$10*(?"1&'?&P#0&')1&)1/1&'&4#4%D&;%(*N#<*51D&I^&B#%&%LC%)%$&(#&"#0)%&L$S#81&9?L*D'0%C
L)%$#&L%>%+1&P#0&D.1"#P0%(#4?J'0*&4$1C%)%$*&%&'#)1/?&*&#0<*5#&(#4?J'01&N.%"1&4$%"*)
o$#(0%4#(#&0#%&4$*'"#.*<#&0$#J#&!*C*'D?(L#&!&4$%.1Q#& 72&L%+.#&51&%(L#&*&L%'"#
'*C?$(#&(#D1$#&D#>#$'0%C&L)%$#&L#&4%&D%C?Q(%'"*&0%(#P(%&$#+P*'"*&'")#$*&*&?&;%'(*
-?9$%)(*0X&0%5*&'1&4$1&"%C#&"?S*%&(#&9%'#('0?&%4#'(%'"X&?4.#+*&'1&%L&"1&)1'"*&3$%D1(#
"#L#+81C&'"#8#&?&;%'(*&L%(1.#&9*&D1'"%&H)$"0#&`'"%5?X&#&"%&9*&/#&Y14?9.*0?&9*.#&(1&L%9*"X
(1C%&P*'"#&+"1"#&`'*D&"%C#X&%(*&'?&?)10&*D#.*&%9/*$#&4$1D#&:$)%5?X&0%5*&*D&51&4%D#C#%&?


 

 ,
)*+1&4$*.*0#&]1C%)&4#L&*.*&81C%)#&0$*/#&(1&9*&L#.1&0#%&4%'.1L*<?&(*+"#&L$?C%&(1C%&(*/
(%)*V&(1*/)1'(%'"*&R&:$)%51&51X&0#%&(#5*'"#0(?"*5*&4$*'"#.*<#&0$#J#&b#L*'.#)#X&9*%
(1'?D8*)%&4$)*&(#&?L#$<?&3%'.1X&9#+&?&)$1D1&0#L&'?&L%9*.*&"1&)1'"*&%&(%)*D&D#>#$'0*D
4$*4$1D#D#&4$%"*)&;%'(1X&'"*C.1&'?&*D&*&4%$?01&E4$)*V&L#(#&#4$*.#G&%L&:$)%5#X&%L(%'(%
Y#"0#&=*+#(%)*Q#X&L#&'1&?&;%'(*&'")#$#&$#'4%.%S181&/#&8*V&*&L#&P*D&4$1&4%+#J?&')%51
4%'.#('")%&0$#J?&*&"?&9$#(1&')%51&"1$*"%$*5#.(1&/#V"1)1 &Y#L*&')1C#&"%C#&-?9$%)P#(*
'"#L%+1&C%)%$*"*&(#&')1&'"$#(1X&0#0%&"$19#&*/91C#)#"*&%$?S#(*&'?0%9&*&(#Q*&(#P*(X&/#
'4%$#/?D&[4?"*.*&'?&P#0&*&')%C&4%'.#(*0#&:$)%5?X&L#&D?&4$14%$?P1&4$*9.*S#)#81
!*C*'D?(L?&*&D?L$?&(#C%L9?&!#D*D&=#>#$*D#&C%)%$1(%&51X&L#&?'41V&'&:$)%51D&(1&9*&9*.#
(*D#.%&%9*P(#&'")#$i&FL?0#&9*&D%C#%&4%'.?S*"*&*&9*"*&0%$*'"#(&0$#J?&?&)1.*0*D
L1.*D#F  
H%&4%'$1L%)#81&0#%&L#&51&?&"#5&D#V&9*.%&%L&*/)1'(1&0%$*'"*&=#>#$'0*&(#4#L#5&*/%'"#L1X&#
9%'#('0*&'4%$&'&-?9$%)(*0%D&9*&(#'0%$%&4%"4?(%&$1+1(& &5?(#& 72&(#&;1.*D
!1.*+"*D#X&?&H$'"*)(*<*X&*/L#%&51&0$#J&H)$"0%X&?&4$*'?'")?&:$)%51)?X&!#(L#J1)?X&0(1/#
3#).#&*&L$?C*V&)1.*0#+#X&-?9$%)P#(*D#&4%)1J?&4?(?&4%V)#.#&/#&8*V&B$*)8#&/#&$#"&9*
9#P1(#&(#&`'"%5?X&0%5*&51&$#L*%&F'?4$%"*)¯&9%C?&*&4$#)¯L*F&*&?'4%'"#)J1(%&51&4%"4?(%&'"#$%
'"#81&4$1&$#"#X&*&"%&L%C%)%$(%X&4%'.1&L?C#&'4%$#X&)%>1(#&(#&/9%$?&')1&9%'#('01&C%'4%L1&A
5?.#&L#.*&'?&(#&"%&-?9$%)P#(*&4%)1J?&)%5)%L*&!#(L#J?&*&9$#"?&D?&K?0<?&4$*/(#)#5?Q*&8*V
*&8*V%)1&(#'.1L(*01&/#&')%5?&).#'"1.?&*&4%0.#8#5?Q*&*D&51L(?&4#.#P?&?&-?9$%)(*0?&*
).#'"1.*('0*&L1%&/1DJ*+"#&?&4$*D%$5?&O1L(#&4%'19(#&"#P0#&%9#)1/*)#.#&51&-?9$%)P#(1X&L#&?
'.?P#5?&(1)%J1&4$*D1&!#(L#J#&*&K?0<#&'#&L)#(#1'"1$%&P1J#L*&(#&')%5&"$%+#0&?&C$#Li&FL#
*D¯&L#51D%&"$#01(*1&*&'41(/?&4%P"1(?X&0%.*0%&'1&(*D¯&4$'"%*&/#&V$#(?F&B$#J&H)$"0%
L%9*%&51&L?9$%)#P0%&4.1D'")%&*&4#.#P?&?&C$#L?&"10&&'14"1D9$# 
[&.1"%&"1&C%L*(1&L%+.%&51&L%&*/)1'(*V&%95#+8#)#8#&*/D1>?&=.1"#P01&Y14?9.*01&'&51L(1X&#
9%'#('0%C&0$#J#&*&)%5)%L#&'&L$?C1&'"$#(1&;%'(#&51&5#'(%&'"#)*.#&L%&/(#8#&=.1"#P0%5
Y14?9.*<*X&L#&(1&S1.*&81(%&D1+#81&?&0%"%$'0%D&4*"#8?&=.1<*&'?&'1X&'&$#/.%C%DX&D%C.*
4%/)#"*&(#&')%5?&%L.?0?&%L&A&#)C?'"#& 72X&0%5%D&'?&%L9*.*&4%(?L?&B%"%$#(#&L#&*V&4$*D1
4%L&')%5?&/#+"*"?&-$?C#&9%'#('0#&*("1$)1(<*5#&L%.#/*.#&51&%L&)%5)%L1&!#(L#J#X&#&"*<#.#&'1
D.1"#P0%C&%')#5#8#&4$*D%$'0*V&C$#L%)#&[.<*8#X&;?L)1&*&;#$#&=.1<*&'?&%LC%)%$*.*X &L#
'?&%(*X&*/#/)#(*&%L&;#.+1&!"$#<*D*$%)*Q#&*&c?$>1)1&?L%)*<1X&L%9*.*&"#&D1'"#&$#"(%D
'$1Q%D&*&L#&*V&D*'.1&/#L$S#"*&0#%&')%51&).#'"*"%&4%L$?P51&[&"%D&4$#)<?&%'"#.#&51
91/?'41+(#&*&0#'(*5#&:$)%51)#&*("1$)1(<*5#&?&.1"%& 7,&C%L*(1 

 (
  

`L&.1"#& 72&C%L&?P1'"#+1&(%)*&C.#'%)*&%&D#>#$'0*D&4$*4$1D#D#&4$%"*)&;%'(1&*
-#.D#<*51&B#L&51&0$#J&!*C*'D?(L&'14"1D9$#&D1'1<#&L%*'"#&0$1(?%&?('0%D&L%.*(%D
?4.#+*+1&'1&D(%C*&H#0%&51&S?4#(&H%.*+#X&P#0&'#&!#(L#J1)#&4%L$?P5#X&D%.*%&'.%9%L#(
L%.#/#0&?&-?9$%)(*0&?&'.?P#5?&(1)%J#&F¨L¯&?C$¯'01&)%*'01F&*&L%9*%&C#&51&2&%0"%9$#&:1$<1C
:$)%51&91+1&P?%X&L#&-?9$%)P#(*&'4$1D#5?&')%5?&N.%"?&?&4%D%Q&0$#J?&!*C*'D?(L?X&L#&9*
4%)$#"*%&%"%0&Y#9X&*&4$10%$*%&*V&51&'&"%C#&`(*&%LC%)%$*+1&&%0"%9$#X&L#&%&"%D&(1D#&(*
C%)%$#X&F51$¯&'D%&.ÛL*51&0%*&V¨0*àD%&L#&'*&'&D*$%D¯&4%P*)#D%&*&L#&'1&?/¯L$¯S*D%&"$¯C%D¯
0#0%&51&')"?&)*L%D%F&=1>?"*DX&2&%0"%9$#X&L#.*&'?&9*.*&L%*'"#&%91Q#81&=#>#$*D#&L#&Q1
L%Q*&?&4%D%QX&0#L&0$#J&'"?4*&?&#0<*5?&&%0"%9$#&L%9*%&51&"$#S1(*&#/*.&?&-?9$%)(*0?&*
0(1/&3#).1&Y#L1(%)*QX&0%D1&'1&Y14?9.*0#&%9#)1/?51X&L#&Q1&C#&F'V$#(*"*&#0%&(#+1&C.#)1F&U/
'"$#V#&%L&$#"#&4%)?0%+1&'1&*&L?9$%)#P0*&"$C%)<*&*/&;%'(1X&L#&(1&9*&'"$#L#.*&"#D%X&0#%&+"%
'1&L%C#>#.%&8*V%)*D&.#>#D#&%L&(#4?J'01&N.%"1 &R.*&"#&?/(1D*$1(%'"&(1&4%0#/#&'1&0#%
D(%C%&%4$#)L#(#&/#&')?&/1DJ?&B$#J&!*C*'D?(L&51&L%+#%&?&5?S(1&/1DJ1&L#&'#D%&?/C$1L
$#"?51X&#&?&'")#$*&L#&'1&?&B$#4*(*&)1(P#&'#&;#$9#$%DX&Q1$0%D&D%Q(%C&).#'"1.*(#&C$%N#
:1$D#(#&d1J'0%C&E2&(%)1D9$#& 72G&T%)*&9$#0&0%.*0%&51&L%(1%&0$#J?&(14$*.*0#&?
4%$%L*P(%D&S*)%"?X&"%.*0%&D?&51&0%$*'"*%&?&4%.*"*P0%D&3%$%L*<#&d1J'0*V&9*.#&51&?


 

 6
"1'(*D&)1/#D#&'#&D(%C*D&?C.1L(*D&0?Q#D#&0$#J1)*(1X&0%51&'?&'1&'#L&5%+&P)$+Q1&/9*.1&%0%
!*C*'D?(L#&0#%&%0%&')%C&'$%L(*0#
3%&4$*4$1D#D#X&0%51&'?&P*81(1&/#&%)#5&$#"X&*/C.1L#.%&51&0#%&L#&Q1&L%Q*&/#&;%'(?&)$.%&"1+0*
L#(*&3$10%&.1"#&9*.%&51&P1'"*V&4%$?0#&%&)1.*0%5&D#>#$'0%5&)%5'<*X&0%5#&'1&4$*9*$#&/#
(#4#L#5X&#&0$#51D&#)C?'"#&?4?"*%&'1&0$#J&!*C*'D?(L&(#&9%'#('0?&C$#(*<?&[&'14"1D9$?X
4$#Q1(&')*"%D&C.#)(*V&J?L*&=#>#$'01X&?+#%&51&!*C*'D?(L&?&0$#58*&'1)1$%/#4#L(*&L1%
;%'(1X&?4?"*)+*&'1&(#&C$#L&;*V#Q&H#5&51&5?$*+1D&?/1%&4%'.1&5?(#P01&%L9$#(1&:$)%51)*V&*
b#L*'.#)J1)*V&J?L*&!#D&9#(&3#).1&;1+18*X&D#>#$'0*&)%>X&9*&"1+0%&$#81(&?&"*D&9%$9#D#
3#L&;*V#Q#&9*%&51&51L*(*&C?9*"#0X&0%5*&51&4$1"$41.#&;%'(#&(#&"%5&'"$#(*X&#&*&"#5&C?9*"#0&9*
L%'"#&9$/%&(#0(#>1(&4%(%)(*D&L%9*5#81D&C$#L# &R.*&51&/#&"%&(#&'1)1$%*'"%0?&9*.%
"1+0*V&L#(#&B$#J1)?&)%5'0?&)%L*%&51&4%(%)%&U&=%$%)*Q&`(&51&%)%C&4?"#&4$%+#%&0$%/
['%$?&$?+1Q*&"#D%+81&C$#L%)1&*&4?'"%+1Q*&51&(1D*.%'$L(%&\#?/1%&51&C$#L&!$19$1(*0&*&?
8&4%'"#)*%&D#>#$'0?&4%'#L?&!)1&51&"%&9*.%&/#)$+1(%&4$1&@&(%)1D9$#& 72X&0#L&51&0$#J
!*C*'D?(L&*/L#%&4%)1J?&=%$%)*Q?&'&4?(%&4$*/(#8#&*&4%V)#.# &T%)1D9$#&D1'1<#
(#'"#.1&'?&)1Q&?&/1DJ*&"%.*0%&(%$D#.(1&4$*.*01X&L#&51&)%5)%L#&!#(L#J&D%C#%&4%/*)#"*
-?9$%)(*0X&L#&4%(%)%&4%P(?&'&"$C%)*(%D&-?9$%)P#(*&'?&4*'#.*&!#(L#J?&"*D&4%)%L%DX&0#0%
'?&D(%C%&)1'1.*&F51$¯&C%'4%L*(¯&0$#.¯&*&C%'4%L*(¯&V1$<1C¯&#&*&C%'4%L¯'")%&"*&*&)'*
;%+(*1(1&4$*5#"1.*1&(#+*&9%S*¨D¯&D*.%'"*Û&51'?&?&L%9$?&'"#(*Û&*&?&L%9$?&?N#(*ÛF  
`L(%'*&4%'.1&$#"#&%'"#.*&'?&?&C.#)(%D&*'"*&=%SL#&51&9*.%&0#0)*V&4%0?+#5#X&L#&'1&L%>1&L%
'4%$#/?D#&'#&!*C*'D?(L%D&=*&9#$&"#0%&"?D#P*D%&51L(?&*/)*(?&-?9$%)P#(#&:$)%5?X&+"%&C#
(*'?&D%C.*&*/D*$*"*&'&0$#J1D 
&M.#)(*&?/$%0&/#&"%&9*.#&51&(14%0%.19*)#&%L#(%'"
V1$<1C%)#&(#4?J'0%D&L)%$?&H?&51&4$*)$S1(%'"&0$#J&b#L*'.#)&(#C$#>*)#%&%9*.#"*D
4%).#'"*<#D#X&0%51&'?X&*'"*(#X&?&4%'.1L81&)$1D1&%'"#5#.1&)*+1&(#&V#$"*5*X&(1C%&+"%&9*
*D#.1&/(#P#5#&?&'")#$(%'"*&3%+"%&51&:$)%51&%&')%D&"$%+0?&'#/*L#%&C$#L&3$%/%$&b#L*'.#)
D?&C#&51&4%0.%(*%&2&'14"1D9$#& 7,X&/#51L(%&'#&)$J*P0%D&%9.#+Q?X&#&?&*'"%&)$1D1
4%0.%(*%&D?&51&*&C$#L&\$*8&(1)1$(%C&3#).#&e?9*Q#X&!*C*'D?(L%)#&4$*'"#.*<1  
!#(L#J?&'?X&4#0X&L#"*&C$#L%)*&-$1S(*0X&!.?8&*&d1"*(&?&:$)#"'0%5X&).#'(*+")%
o$#(0%4#(#&H%&51&')1&L%+.%&0#%&(#C$#L#&/#&*'"$#5(%'"&*&9%$9?&0%5?&'?&*/L$S#.*i&#.*
%'")#$1(%X&(#$#)(%X&"%&L#$*)#81&(*51&D%C.%&9*"*&91/&0$)*&'&4$#)*D&).#'(*<*D#  &!#D%5
0$#J1)*(*&;%'(*&b#L*'.#)&51X&&(#&S1J?&51L(1&4%'19(1&9%'#('01&L14?"#<*51X&0%5#&51&L%+.#&?
*D1&0$#J#&*&4.1D'")#&&%L%9$*%X&,&#)C?'"#& 7,X&%(1&(1%L$1>1(1&#.*&?&D#+"*&)1.*01
C$#(*<1X&0%51&51&%(#&*D#.#&?&)$1D1(#&4%.?D*"'0%C&9#(#&B?.*(#
B$#J&`'"%5#&51&S*)1%&/#&"%&)$1D1&91/&)1Q1&).#'"*X&0#%&F9*)+*&0$#JFX&0#0%&C#&/%)1&/9%$
9%'#('01&C%'4%L1&`&81C%)*D&4$*'"#.*<#D#&(1D#&4%D1(#&!)1&)#S(*51&4.1D'")%&;%'(1&L$S*
'#&H)$"0%D&*&:$)%51D&!14"1D9$#& 7,&%(&'1&%9$#"*%&51L(*D&4*'D%D&?&-?9$%)(*0X&')%5*D
C.#)(*D&L?+D#(*D#X&0%5*&'?&(#5)*+1&L%4$*(1.*&81C%)?&4#L?&`'"%5#&51&"%X&')#0#0%X&/(#%&*
'#L&51&S1.1%&L#&'1&'&8*D#&*/D*$*X&*&$#L*&9?L?Q(%'"*X&/#&0%5?&'1&(#L#%&L#&Q1&9*"*&9%J#X&#&*
$#L*&"1+0#&4%.%S#5#&?&0%D&'1&"#L&(#.#/*%&Y14?9.*0#&D?&51&J?9#/(%&%LC%)%$*.#&A
'14"1D9$#X&L#&51&4$1L#.#&/#9%$#)?&'"#$?&/#)#L?&*&L#&0$#J&D%S1&'.%9%L(%&L%Q*&?&8*V%)&C$#L
[&-?9$%)(*0?&'1&/(#.%&L#&=#>#$*&*'"*P?&`'"%5?&/#"%&+"%&(*'?&/#L%)%J(*&'&H)$"0%D
`LC%)%$&L?9$%)#P0*&*/#/)#%&51&4$%"1'"&!#(L#J1)&&"#5&)1$%)#"(%&(*51&9*%&51L*(*X&&#.*&'?&'1
-?9$%)P#(*&4$#)L#.*&'"#$*D&"$#L*<*5#D#&')%C#&C$#L#&FK'#0¯&"0%&9S*&*.*&4$L¯&;%'(%D¯
*.*&4$L¯&*(D¯&C%'4%L*(%D¯&?&C$#L¯&D%$1&4$*"*&*&'"%5#"*&'.%9%L(%&4%&/#0%(?F&[
!#(L#J1)?&4*'D?&*&L?9$%)#P0%D&%LC%)%$?&81D?&`'"%5#&'1&(1&4%D*81&0#%&0$#Ji&L%0&?&4*'D?
'#D%D&`'"%5*&%4$1/(#&Y14?9.*0#&'"#)J#&"*"?.?&F0$#J?&`'"%5*F &[&L$?C%5&4%.%)*(*
(%)1D9$#&"$#S*.*&'?X&D1>?"*DX&'#D*&!#(L#J&*&:$)%51X&L#&Y14?9.*0#&'"#)*&(#&$#'4%.%S181
`'"%5*&51L#(&9$*C#("*(&/#&4?"X&51$&S1.*&L#&(#4?'"*&;%'(? 
B$#J&!*C*'D?(L&(*51&(*0#0%&(#4?+"#%&D*'.*&L#&'1&%9$#P?(#&'&;%'(%D&Y#"&%L& 72&9*%&51
0$#"#0&*&91/&)1Q*V&$1/?."#"#&H$19#.%&51&'&"%C#&4%P1"*&(1+"%&5#P1&*&"$#5(*51&R.*&0#0%&'1&%(&?
"#5&D#V&(#.#/*%&*&?&$#"?&'#&R?'"$*5%DX&"%&51&"$19#.%&(#Q*&(10%&4%?/L#(%&.*<1&0%D1&9*X&D1'"%


 

 @
'191X&D%C#%&4%)1$*"*&)$V%)(%&)%>'")%&)%5'01&H#0)%&.*<1&!*C*'D?(L&51&(#+#%&?&P?)1(%D
#)#("?$*'"*&^a&)10#X&3*4?&!4#(?&*.*&o*.*4?&L1&!0%.#$*' &]1D?&9*&4%)1$1(%&L#& 7,
C%L&4%)1L1&D#>#$'0?&)%5'0?&?&;%'(?&!&8*D&/#51L(%&?P1'")%)#%&51&?&9%$9*&4$%"*)&:$)%5#X
0#0%&0#S1&'#D&0$#J&!*C*'D?(LX&*&0(1/&-*%(*/*51&b%4#"#P0*X&0%C#&51&0$#J&4%'19(%
(#C$#L*% &o*.*4&51&4%)1$1(?&D*'*5?&*/)$+*%&'&?'41V%D&3$%L$%&51&0$%/&4%.#&/1DJ1X
4?'"%+1Q*X&L%&;%9%)<#&*&"?&/#'1%&?&'#D%5&4$1'"%(*<*&9%'#('01&0$#J1)*(1&K$.%&51
)1$%)#"(%X&L#&51&(14%'$1L#(&4%)%L&`'"%5*(%5&(#D1$*&L#&(#4?'"*&"#5&C$#L&9*%&9#+&"#5&?.#/#0
=#>#$#&?&;%9%)#<&*&8*V%)#&).#'"&?&81D?&=1>?"*DX&`'"%5*&'1&4%'.1&?P*(*.%X&L#&Q1&/#&8
9*"*&D?L$*51&%'"#"*&*&L#J1&'&=#>#$*D#X&4#&'1&L%P14#"*&).#'"*&?&<1.%5&L$S#)*X&(1C%
(#4?'"*"*&;%'(?&*&'&"*D&91/&D#.%&')1&')%51&4$1"1(/*51&:$)%5?X&'&0%5*D&51&4%(%)%&'"?4*%&?
)1/?X&9$#(*%&'1&"*D&L#&(*51&*D#%&)1$1&?&-?9$%)P#(1&*&L#&'&"%C#&(*51&"#D%&%"*+#% 
=#>#$'0*&?'41V&4%0%.19#%&51&*/)1'(1&:$)%51)1&4$*5#"1J1&U)#(&T1.*4*Q&?.#/*&"1&C%L*(1&?
"1'(1&)1/1&'#&T*0%.%D&=%L$?+0*DX&!*C*'D?(L%)*D&4$*'"#.*<%DX&*&9*)#&(#C$#>1(&`L&.1"#
 7,&%(&'1&"*"?.*+1&FD1>?&L$?C*D&0(1/&d1"*(1X&B.*'#&*&Y#D1F &!*C*'D?(L&'%0%.*&*
(#C$#>?51&')%51&J?L1&B#L&51&&#4$*.#& 7,&4%")$L*%&4%).#'"*<1&*&4%'1L1&b#L*'.#)?X&'*(?
T*0%.1&;.#C#5'0%CX&%(&51&V)#.*%&81C%)?&)1$(%'"X&#&*'"*<#%&4%0%$&*&91L?&0%5?&51&*/#/)#%
C$#>#('0*&$#"&?&'?'1L'")?&;%'(1X&CL1&51&)%51)#%&:$)%51&T#$%P*"%&'?&%L&81C#&'"$#L#.#&*D#8#
4%$%L*<1&;.#C#5'0%C&`(&51&(#&8*V&L%)%L*%&F(19$%51(1&D(%S*(1&(1)1$(*V&H?$#0#&*
9%'#('0*V&+*/D#"*0#F  
Y#"%)#81&'1&(#'"#)*.%&*&(#$1L(1&C%L*(1&-#&%'%0%.*&')%51&4$*'"#.*<1&0$#J&b#L*'.#)&51&*
L#J1&L1.*%&4%).#'"*<1&*&L#$%)(*<1&H#0%&51&A&D#$"#& 76&?'"?4*%&C$#L%)1&`'"$%)*<?&*
!0$#L*(&)%5)%L*&!#(L#J?X&0%5*&51&D#.%&4$1&"%C#&9*%&?&'?0%9?&'#&')%5*D&9$#"%D&K?0<1D 

O1L(#&L?9$%)#P0#&)1'"&%L&A&5?(#&C%)%$*X&0#0%&51&'"*C#%&:$)%5?&51L#(&"?$'0*&4%'.#(*0X&0%5*
Q1&4%'.1&*Q*&*&/#&D#>#$'0*&L)%$&'#&D*'*5%D&L#&4%'$1L?51&/#&D*$  &R.*&%L&"%C#&(*51&9*.%
(*+"#&T#4$%"*)X&#)C?'"#&D1'1<#&0$1(?.1&'?&?&;%'(?&L)1&D#>#$'01&)%5'01&51L(#&L%.*(%D
K$9#'#X&?&:$)%51)%&4%L$?P51X&#&L$?C#&L%.*(%D&;%'(1&?&'$1L*+"1&L$S#)1&3$)%&%L1J181&(*51
*D#.%&'$1Q1X&L%0&51&L$?C%&4$%L$.%&4%(%)%&L%&;%9%)<#X&?&0%D&'1&P*"#)%&)$1D1&L$S#%&3*4%
!4#(%&-?9$%)#P0#&Y14?9.*0#&4%/L$#)*.#&51&0$#J1)1&?'41V1&*&L%.#/#0&?&;%'(?&')%5*D
4*'D%D&%L&A&'14"1D9$#&H%D&4$*.*0%D&81(&4%'.#(*0&51&*D#%&*/$#/*"*&S1J?&).#L*(?X&0#0%
9*&-?9$%)(*0&/#&')1&+"%&51&4%L(1%&*&?$#L*%&"$19#%&L%9*"*&%+"1"?&?'"?4#81D&B%(#)J#X&0%51
51&F(#+#&9#+"*(#&%L&4%P1"0#&(#+1&/1DJ1&f4*L#?$#F  &R.*&?'$1L&"*V&4%91L(*V&)1'"*
'"*S1&C.#'&%&0$#J1)%5&9%.1'"*&H%&4%"#P1&-?9$%)P#(1&(#&D*'#%X&L#&4%0?+#5?&4%'$1L%)#81
*/D1>?&!*C*'D?(L#&*&;%'(1 &H*D&#0"%DX&(#L#.*&'?&'1&%(*X&?P*(*Q1&51L(?&?'.?C?
9%.1'(%D&0$#J?X&0%5*&'1&0#%&9%.1'(*0&?&(14$*5#"1J'0%5&/1DJ*&(*51&D%C#%&%'1Q#"*&.#C%L(%i
*'"#X&*&"%&(1&D#.#X&?'.?C#&9*Q1&*&9%'#('0%5&).#'"1.*&*&0$#J?X&#0%&'1&*/)?P1&*/&(14$*.*01&'#
+"%&D#81&C?9*"#0#&*.*&?(*S18#&B#%&%9%'"$#(#&(#C$#L#&/#&"%&4$*5#"1J'")%&L%+.%&9*&%(L#
?'"?4#8#&B%(#)J#&Y14?9.*<*&!)&K.#V#&R.*&;%'#(<*D#&(*51&"%&4%'$1L%)#81&9*.%&%L&4$101
(?SL1&!*C*'D?(L&51X&*'"*(#X&4$%L$%&L%&;%9%)<#X&0#%&*&3*4%&!4#(%X&#.*&L#J1X&?&9%'#('01
4.#(*(1&%0%&K$V9%'(1X&O#5<#&*&b#+)1X&CL1&51&9*.%&'$1L*+"1&9%'#('01&)%5'01&*&L$S#)1X&%(&(*51
?.#/*%&h?L*&'?&/(#.*X&L#&51&81C%)&?'41V&4$%.#/#(&K1'"&%&0$#J1)%5&9%.1'"*&5%+&)*+1&*D&51
L#)#.#&(#L1X&L#&Q1&(14%C%L#&9$/%&4$%Q*&UX&L%*'"#X&?&L$?C%5&4%.%)*(*&%0"%9$#&5#)J#%&51
!#(L#J&-?9$%)P#(*D#X&L#&51&0$#J&!*C*'D?(L&4%"4?(%&(#4?'"*%&;%'(? &-?9$%)#P0%
51L(%&4*'D%&%L&A&(%)1D9$#&?4?Q1(%&D#>#$'0%D&0$#J?&C%)%$*&%&"1+0*D&C?9*<*D#X&0%51&51
4$1"$41.#&;%'(#&*&%&4%$#/(%D&?"*'0?&0%5*&51&%'"#)*.%&(#&8?&4%'.1L81&$#"%)#81i &#.*
(*51&D(%C%&'*C?$(%X&0%.*0%&?&"%D&*/)1+"#5?&*D#&?L)%$*P01&V)#.1X&#&0%.*0%&4$#)1&*'"*(1&-#
$#"&(*51&L%(1%&9*"(1&4$%D1(1&?&?4$#)*&/1DJ1&)*L*&'1&(#59%J1&4%&"%DX&+"%&')#&4%/(#"#&.*<#X
'#&C.#)(*D&?.%C#D#&?&L$S#)*X&%'"#5?&(#&')%5*D&D1'"*D#
=.1"#P0*&$#"&'#&;#.+%D&!"$#<*D*$%)*Q1D&?&/1"'0%D&4$*D%$5?&L#)#%&51&)*+1&4?"#&4%)%L#
9%'#('0*D&C%'4%L#$*D#&/#&*/)1'(#&4%'$1L%)#8#&T#$%P*"%&51&!#(L#J&S1.1%&*&(#'"%5#%&L#
L%>1&9#$&L%&'*C?$(%C&4%(%)(%C&4%'1L#&;?L)1&*&81(1&%0%.*(1X&0#L&(*51&D%C#%&L%9*"*&*&L$?C#
"$#S1(#&D1'"#&T1/C%L#&51&9*.#&/#&')#&"#&4%'$1L%)#8#X&+"%&'?&=.1<*&L%9$%&/(#.*X&L#&;%'#(<*


 

 
(1Q1&D%Q*&?4%"$19*"*&(*0#0)1&'*.1&4$%"*)&8*Vi&#&%L&'#D*V&S1J#&*&4%$?0#&(*51&9*.%
%4#'(%'"*&M%L*(1& 76X&4$*.*0%D&!*C*'D?(L%)#&(#4#L#5#&*&4%'.1&81C#X&9%'#('0#&C%'4%L#
'?&L%+.#&?&5%+&"1S*&4%.%S#5&4$1D#&=.1<*D#&3$*"1+81(#&%L&!*C*'D?(L#&%(#&'?&C.1L#.#&L#
(#>?&(10%C&4%?/L#(#&'#)1/(*0#&/#&9%$9?X&P*5#&9*&4%D%Q&9*.#&L1.%")%$(*5#&%L&%(1&(#4?J'0%C
0$#J#&B#%&(#5/C%L(*5*&'#)1/(*0&"1&)$'"1&?P*(*.#&*D&'1&=.1"#P0#&Y14?9.*0#&`(#X&D1>?"*DX
(*51&*D#.#&4%"$191&L#&?.#/*&?&51L#(&'#)1/X&0%5*&9*&5%5&'#D%&L%(1%&%9#)1/1&*&'?0%91X&#&)$.%
D#.1&*/C.1L1&(#&0%$*'"&Y#L*&"%C#&C#&51&*/91C.#&(#&?P"*)X&#.*&L%'"#&5#'#(&(#P*(&81(1&)1/1&'#
;%'(%D&)1Q&'?&"#0%&'$L#P(1&*&"1'(1X&L#&4%'19#(&'#)1/&(*51&4%"$19#(&-%)%J(#&51&?/#5#D(#
4$*5#"1J'0#&(1?"$#.(%'"&'#&(14%D#C#81D&(14$*5#"1J#&B$#51D& 76&C%L&D%.*.*&'?&0$#J
H)$"0%X&:$)%51&*&0(1/&U)#(X&0%5*&*D&51&4%(%)%&4$*+#%X&L#&=.1P#(*&4$*D1&D1>?&')%51&C$#>#(1
!#(L#J#X&0(1/#&3#).#&*&c%$>#&*&K?0#&Y#L*)%51)*Q#&Y14?9.*0#&51&(#&"%&4$*'"#.#X&'#D%&51
4$*D1"*.#&L#&51&!#(L#J&81(&C$#>#(*(&%L&$#(*51&B#L&51&!#(L#J&"$#S*%&/#&'191&;?L)?&*&;#$&*
(?L*%&=.1P#(*D#&'#)1/X&%)*&'?&D?&%LC%)%$*.*&L#&9*&D?&D%C.*&?'"?4*"*&;?L)?&'#&'%.#(#D#X
#0%&!#(L#J&'D*$*&\1"?&*&*/#C(#&;#.+?&R.*&'1&?&=.1<*D#&(*51&(#L#.%&L#&9*&"#&)1/#&D%C.#
*D#"*&4$#)%C&?'41V#X&(1&'#D%&+"%&?'.%)*&(*'?&9*.*&D(%C%&4$*).#P(*X&(1C%&*&+"%&'1&/(#.%&L#
'1&/#&;%'(?&*&81(1&)1.*0#+1&'4$1D#5?&"1+0*&L#(*&\#&!#(L#J#&'1&?&=.1<*D#&/#?/*D#%&*
0$#J&b#L*'.#)X&#.*&91/&?'41V# 
!*C*'D?(L%)&4$%+.%C%L*+8*&$#"&?&;%'(*&(*51&C#&D%C#%&4%"4?(%&/#L%)%J*"*&3%'"*C(?"*
$1/?."#"*&9*.*&'?&)*+1&(1C%&4$%9.1D#"*P(*i&%(*&?&'")#$*&(*'?&L%(1.*&(*+"#&L$?C%&'1D
'?51"(1&'.#)1&)*"1+0%C&4$%9*5#8#&L%&9%'#('01&4$1'"%(*<1&T1D#&'?D81X&L#&51&(#5)*+1
L%4$*(1.#&/#&"#5&4%.%)(*&$1/?."#"&!*C*'D?(L%)#&9%.1'"&O1$X&*(#P1X&%(&51&"#5&4%V%L&9*%
'V)#"*%&0#%&4%"1/&+*$1C&/#D#V#X&0%5*&51&"$19#%&L#&C#&%'.%9%L*&9%'#('01&9$*C1&*&L#&D?&L#
'.%9%L(1&$?01&/#&(%)1&#0<*51&H%&'1&(#59%J1&)*L1.%&4%&"%DX&+"%&51&'"?4*%&?&)1/1&'&(%)*D
4#4%D&M$C?$%D&^II&*&"$#S*%&%L&81C#&D%$#.(?&4%D%Q&/#&$#"&4$%"*)&(1)1$(*0#&*&%"4#L(*0#
)1$1&?&<1.%D&')%D&'?'1L'")?&T%)*&4#4#&(*51&(#'"#)J#%&4%.*"*0?&')%C&4$1"V%L(*0#&(*
4$*5#"1J'0?&4$1D#&(#4?J'0%D&L)%$?X&(*&(14$*5#"1J'0?&4$1D#&0$#J?&!*C*'D?(L?i&81D?&'1
?P*(*.%&L#&51&"#0#)&51L#(&0$'"#+0*&4%V%L&?&"$#L*<*5*&*&*("1$1'?&<$0)1&*&L#%&51&&(%)1D9$#
 76&')%5&9.#C%'.%)&*&4%/*)&(#&'?L1.%)#81&?&"%5&#0<*5*&[&"%.*0%&4$1X&+"%&51&9*%&%9#)1+"1(
L#&'?&L%"#L#+8*&?'41'*&9*.*&4$%9.1D#"*P(* &M.#'&%&"%D&4#4*(%D&#0"?&/#"10#%&51
D#>#$'0%C&0$#J#&(#&4%)$#"0?&*/&;%'(1&-#&D?&51&9*%&)$.%&4$*5#"#(&*&L%9$%L%+#%&$#/?D1&'1
'#D%&4%&'19*&]1C%)#&51&%L.?0#&9*.#&'&"%C#&.#0%&C%"%)#&Y#"&?&;%'(*&(*51&9*%&/#)$+1(X&(1C%
'#D%&4$10*(?"&$#L*&81C%)1&9%.1'"*&*&/*D1&T#&4$%.1Q1X&(#$1L(1&C%L*(1X&"$19#.%&C#&51X&L#0.1X
%9(%)*"*&'&4?(%D&'(#C%D&*&'#&"%D&D%$#.(%D&4%"4%$%D&4#41
_*"#)1&/*D1&$#L*.%&'1&(#&4$*4$1D#D#&/#&(%)*&$#"&-?9$%)P#(*X&%9#)1+"1(*&%&"%DX&?4?"*.*
'?&&D#$"#& 7@&51L(%C&')%C&4%'.#(*0#X&L#&0%L&D#>#$'0%C&0$#J#&*/.%S*&L?9$%)#P01
"1$*"%$*5#.(1&4$%V"1)1&*&L%9*51&4$*'"#(#0&(#&8*V&]*V%)1&D#0'*D#.(1&S1J1&9*.1&'?&L#
L%9*5?&"$*&%"%0#&;$#PX&:)#$&*&B%$P?.?&*&B%(#)J1&'&-$#P1)*<%Di&#&D*(*D#.(1&L#&L%9*5?
B%(#)J1&*&B%$P?.?&`9$#/.%S181&"*V&/#V"1)#&9*.%&51&)$.%&4$%'"%&4%)1Q#)#81D
-?9$%)(*0#&4%)1Q#)#&'1&*&=#>#$'0#i&?&0%.*0%&%(&9?L1&5#P*X&?&"%.*0%&Q1&9*"*&'4%'%9(*5*&/#
9%$9?&4$%"*)&0$#J1)*V&4$%"*)(*0# 
3%P1"0%D&#4$*.#& 7@&'*+#%&51&0$#J&!*C*'D?(L&?&c#0%)%X&L#&9?L1&9.*S1&9%5*+"?&*&L#
4$1C.1L#&')1&4$1"V%L(1&4%'.%)1&/#&)1.*0?&%N#(/*)?  &[&D#5?&%(&51&)1Q&4$1+#%&!#)?&*
?"#9%$*%&'1&4%L&-%9%$%DX&CL1&51&)1Q&$#(*51X&4$%"*)&:%$)#"#X&4%'"*C#%&.141&?'41V1&H?&51
'")%$*%&*'V%L*+(?&"#P0?&/#&4$#)?&9%$9?X&0%5#&Q1&4%P1"*&"10&D1'1<#&'14"1D9$#X&0#L
4$*'"*C(1&%C$%D(#&)%5'0#&%L&,7777&J?L*X&?&0%5%5&51&4%$1L&=#>#$#&9*.%&*&L%'"#&3%J#0#
B$#J&'1&?&D#5?&*&5?(?&9#)*% 
&)#JL#&0$#Q1&)$1D1&?&;%'(*X&#&L%+#%&51&4%&L$?C*&4?"&0#L&'1
'0?4*.#&"#&%C$%D(#&)%5'0#&3$1L&"%.*0%D&'*.%D&;%'(#&51&D%$#.#&4%0.10(?"*X&*&"%&91/&L?C#
%"4%$#&!*C*'D?(L&51&D(%C1&)1.*0#+1&/#$%9*%X&#&D(%C1&4%9*%X&*&"%&D(%C%&*&D?+0*V&*
S1('0*VX&*&'"#$*V&*&D.#L*V&3%$?+*%&51&*&D(%C%&8*V%)*V&0?.#&*&C$#L%)#X&(#$%P*"%&%(*V
0%5*&'?&'1&?'?L*.*&L#&D?&'1&'?4$%"'"#)1&-#&*V&51&(#"1$#%&')1&(#&4%0%$(%'"&$#/?D1&'1&'#D%&4%
'19*


 

 7
!#D&0$#J&!*C*'D?(L&5#)*%&51&-?9$%)#P0%5&Y14?9.*<*&%&')%5%5&)1.*0%5&4%91L*&*&%)#&D?&51& 
%0"%9$#&4%'.#.#&'$L#P(1&P1'"*"01  &T#&4%)$#"0?&*/&;%'(1&0$#J&51&4$1L&-%9%$%D&L#%
4%'1Q*&?V)#Q1(1&4.1D*Q1&*&4%9#<#"*&*V&?&$10?&;%'(?&=1>?"*DX&C.#)(1&)%5)%L1&9%'#('01
:$)%51X&!#(L#J&*&0(1/&3#).1&*/91C%+1&'?L9*(*&%'"#.*V&L$?C%)#X&(1&/(#&'1&L#&.*&'.?P#51D
*.*&')%5%D&)1+"*(%D&U'"%&"#0%&%L$S#%&'1&?&/1DJ*&*&0$#J&H)$"0%&`)%C&4?"#&0$#J
!*C*'D?(L&V"1%&51&L#&4%91L?&*'0%$*'"*&L%&0$#5#&*&'&"%C#&51&?&;%'(*&%'"#)*%&51L#(&L1%&)%5'01
0#%&C#$#(<*5?X&L#&Q1&'1&(%)%&'"#81&*&%L$S#"*
3%91L#&!*C*'D?(L%)#&4%C%L*.#&51&<1.?&/1DJ?X&4#&*&%(1&)1.*0#+1&0%5*&(*'?&'"$#L#.*&!)*&'?
%'1"*.*&L#&'1&D%$#&(#4?'"*"*&4%.*"*0#&0%5#&'1&L%"#L&)%L*.#&K1Q&0$#51D& 7@&C%L&:$)%51&'1
4%0%$*%&!*C*'D?(L?X&#&'&8*D&)$.%&)1$%)#"(%&*&%'"#.#&).#'"1.#&\(#5?Q*&*D&)$1L(%'"
!*C*'D?(L&*V&51&.14%&4$*D*%&*&4%")$L*%&*D&')1&'"#$1&4%'1L1&*&"*"?.1&'1D&%(*VX&0%51&'?&9*.1
L#"1&(#&+"1"?&81C%)*V&4$*'"#.*<#&e?9*Q#&*&o$#(0%4#(#&T#&?'4%D1(?&%)1&4%91L1&0$#J
?'"#(%)*&%L.*P51&F\D#51)#&$1L#F&*&D1>?&%'"#.*D#&%L.*0%)#&8*D&*&:$)%5#&B#L&'?&'"*C.*&(#
0$#J1)&L)%$&?&;?L*D&%(&51&:$)%5#&?/1%&P#0&/#&0$+"1(%C&0?D#&')%51&0Q1$*
R.*&)$.%&9$/%&?&/1DJ*&(#'"#&"1+0#&$1#0<*5#X&0%5#&(*51&*D#.#&'#D%&0#$#0"1$&.*P(*V
%9$#P?(#)#8#X&(1C%&*&(#P1.#(&:$)%51&51&?&4$%.1Q1& 7&C%L&(#4#%&9$#Q?&Y#L*)%51)*Q1&*
L%)1%&*V&?&)$.%&"1S#0&4%.%S#5X&#&`'"%5#&51&0$1(?%&#0<*5?&L#&'$?+*&H)$"0#X&"1+0%&4%C%>1(#
)1.*0*D&4%$#/%D&3%'.1&D#>#$'01&4%91L1&%(&'1&%'1Q#%&4$*$%L(%&0#%&C%'4%L#$&'*"?#<*51
H)$"0%&'1&'#L&(*51&(*&)*L1%&(*&P?%X&0#%&(*&`'"%5#&4%'.1& 7 &C%L&\#&)1$(?&'.?S9?&*&?'.?C1
`'"%5#&51&@&L1<1D9$#& 7@&9*%&(#C$#L*%&9$#Q?&Y#L*)%51)*Q1X&c?$?&*&K?0*Q#X&L#)+*&*D
`D*+&'#&4$*D%$51D&')1&L%&j$(%)(*<1X&M%$'0?&S?4?X&B$?+1)#<&*&;.#"%X&%9.#'"&b?0?&(#
T1$1")*X&3%'?+51X&UD%"'0%X&Y#0*"(%X&Y%L%9*J?&*&L$&*&$#/(1&4$*V%L1&%L&<#$*(#&*
4$*'"#(*+"#  &H*D&4%0.%(*D#&%'1Q#%&'1&4%C%>1(&:$)%51X&0%5*&51&*&*(#P1&9*%&4$%"*)(*0&"1
0?Q1&`(&51&(#4#%&(#&8*V%)1&%9.#'"*&*&'#&0%4(#&*&'#&D%$#X&"#0%&L#&51&S1('0#&P1J#L&*/&"1&0?Q1
"$#S*.#&'0.%(*+"#&0%L&-?9$%)P#(# &:$)%51&51&?/1%&(101&8*V%)1&%9.#'"*&*&4%'1%&D1>?
L$?C*D#&*&-$*51)%&#.*&C#&51&%L#".1&4%P1"0%D& 7&C%L&4%"*'(?%&!#(L#J &;%$1Q*&'1&'
Y#L*)%51)*Q*D#&:$)%51&51&L%+#%&?&%")%$1(*&'?0%9&'#&`'"%5%DX&0%5*&*D&51&9*%&/#+"*"(*0X&*
(#+#%&'1&"#0%&?/&H)$"0#&;%$91&*/D1>?&`'"%5*(1&*&H)$"0%)1&'"$#(01&L%)$+1(1&'?&"10&?&0#'(?
51'1(&"1&C%L*(1X&4%+"%&'?&"$#5#.1&)*+1&D1'1<*&M.#)(*&9%$#<&(#&`'"%5*(%5&'"$#(*&9*%&51
!#(L#J&:$#(*QX&0%5*&'1&?&"%&)$1D1&4%(%)%&*'"#0#%&0#%&(14$*5#"1J&!*C*'D?(L%) &[&')%5%5
4%.*"*<*&*&%(&*&`'"%5#&4%P1.*&'?&'1&4%(%)%&%'.#8#"*&(#&H?$01&!#&!#(L#J1D&51&9*%&*&3#).1
Y#L1(%)*Q&*&9$#Q#&Y#L*)%51)*Q* &`)#5&%9$"&?&L$S#8?&9%'#('0*V&4%.*"*P#$#&(1Q1&9*"*
(*0#0)#&4$)*(#&=#L#&'?&D%"*)*&8*V%)1&9%$91&4$)1('")1(%&'19*P(*X&*4#0&51&*&%)%&$#(*51
"$#S181&(#'.%(#&(#&0$#J#&b#L*'.#)#&*&%)%&"$#S181&4%D%Q*&%L&H?$#0#&?&'")#$*&"$#S181
)1/#&4$%"*)&4$*"*'0#&=#>#$#&*&8*V%)1&'?)*+1&"1+01&)$V%)(1&).#'"*X&%.*P1(1&?&0$#J?
!*C*'D?(L?X&0%5*&51&V"1%&L#&%L&;%'(1&'")%$*&%9*P(?&4%0%$(?&%9.#'"&!*C*'D?(L%)#&"1S8#&L#
%(&.*P(%&L%9*51&9%'#('0?&0$?(?&/(#P*.#&9*&(1&'#D%&%C$#(*P181&81(1&'.%9%L1&#0<*51X&(1C%
4$1")#$#81&;%'(1&?&D#>#$'0?&4%0$#5*(?X&0%5%5&9*&'1&%'"#)*.1&'#D%&?S1&.%0#.(1&'.%9%L1
`)%5&4%91L*&0$#J#&!*C*'D?(L#&?&;%'(*&'.1L%)#.#&51&*&4%91L#&81C%)*V&4$*'"#.*<#&?
4$*D%$5?X&0%5*&91V?&4%)$#"*.*&%'"$)%&Y#9&*&')?L#&'?/9*.*&b#L*'.#)J1)1&J?L1&K*L1Q*&"#5
')%5&(1'?D8*)*&4%$#/&*&?&;%'(*&*&?&-#.D#<*5*&0$#J&b#L*'.#)&'1&%L.?P*X&L#&(#4?'"*&')#0*
L#J*&$#L&(#&*'"%P(%5&%9#.*&O#L$#(#i&'#D%&51X&L#&9*&*'"1$#%&)1Q?&<1(?&')%5%5&"$#S8*X&4%P1%
S*)J?&#0<*5?&'#&')%5%D&N.%"%D&&5?.#& 7X&4%'.1&L?S*V&4$1C%)%$#X&%(&51&4$%L#%&=.1<*D#
')1&')%51&4%'1L1&?&-#.D#<*5*&/#&77777&L?0#"#&E\#L#$&'&%0%.*(%DX&T%)*X&K$#(?&*&%'"$)%
3#CG&*&')#&')%5#&4$#)#&(#&"?&/1DJ?&H#0%&51&')%51&4$*'"#.*<1&(#4?'"*%&?&(#5"1S*&P#'
.*0)*L*$#5?Q*&')%5?&9#.0#('0?&4%.*"*0?&#4'%.?"(*D&(1?'41V%D&-?C*&*&4%"4?(%&91'4.%L(*
(*/&J?"*V&9%$9*&*&D1"1S#&/#&81C%)1&4$1"1(/*51&'#D%&51&$#'"$%5#)#%&(#$%L(?&'(#C?&?
(#5'?L9%(%'(*51D&P#'?&81C%)1&V*'"%$*51X&0#L&51&"?$'0#&(#51/L#&4.#)*.#&0%D#L&4%&0%D#L
V$*+Q#('0*V&*&'.%)1('0*V&4%'1L#&(#&;#.0#('0%D&3%.?%'"$)?&;%$91&0%51&'?&*/#/)#.*&%(&*
81C%)*&4%D#C#P*&"$#5#.1&'?&4$10%&L)#L1'1"&C%L*(#&*&/(#"(%&'?&L%4$*(1.1&"?$'0*D&?'41'*D#


 

 
T1*/)1'(#&51&'?L9*(#&0$#J#&H)$"0#&T*51&4#%&%LD#V&4%'.1&4%$#/#&%L& 7@&C%L&*&(#'"#)J#%&51
)1/1&'#&-?9$%)(*0%D&R.*&4%'.1&9%$9*&%L& 7&C%L&9*%&51&%(1D%C?Q1(&B#L&51&0$#51D& 7
C%L&4%"4?(%&*/C?9*%&')#0%&?4%$*+"1&C?9*&'1&*&81D?&/#&(10%.*01&C%L*(1&')#0*&4%?/L#(&"$#C
:$)%51&(*51&?'41%&L#&C#&%L$S*
B$#J&`'"%5#&%9(%)*%&51&')%51&0$#J1)'01&)1/1&'#&-?9$%)(*0%D&"10&?&51'1(& 7&Y14?9.*0#&C#
51&*'0$1(%&?)1$#)#.#X&L#&51&4%D$'*.#&')1&'"#$1&$#P?(1&*/D1>?&8*Vi&Fã%&51&4$¯)%&9*.%&)¯'1
'D%&¨'"#)*.*&*&)$¯C.*&L#&(&?'4%D1(?"¯5#F &e"%&(*'?&L#.*&%LD#V&L%V%L#0&"$19#&*V
$#/?D1"*&FB¯L1&'?&9*.1&'D10*1&?&;%'(&/#&"#*&L%V%L#0¯&?/¯L$¯S#.*&'D%X&L#&0¯L*&9%C¯&?P*(*
*&9?L1&?D*$(%&'"#"*&0$#.51)¯'")%X&0#0%&'1&4$*'"%*X&#&D*&051D%&L#"*F&&R.*X&S1.1.#&51&*4#0&L#
*D#&'&8*D&P*'"?&'*"?#<*5?&Y14?9.*0#&Q1&D?&'.#"*&0$#J1)'01&L%V%"01X&0%5*&D?&4$*4#L#5?X&(%
*&%(&"$19#&L#&4%")$L*&8%5&')1&'"#$1&4%).#'"*<1&!4%$#/?D&(#&"%5&%'(%)*&(*51&9*%&"1S#0&*
4%'"*C(?"&51&4%"4?(%&"%0%D&L1<1D9$#& 7 &-?9$%)#P0#&Y14?9.*0#X&0#L&5%5&51&`'"%5#
4%")$L*%&')1&'"#$1&4%).#'"*<1X&4$*D*.#&C#&51&A&L1<1D9$#& 7&?&')1&4$)#+81&P#'"*X&4%+"%
FC%'4%L#&$?'#C#&9%'#('0%C#&¨41"¯&V%"*1+1&*&4%.Û9*+1&C%'4%L*(#&0$#.5#&`'"%Û&/#&')%C#
C%'4%L*(#F

[&%)%&)$1D1&')1&51&)*+1&*/9*5#%&(#&4%)$+*(?&!#(L#J&:$#(*QX&0%5*&51&)1+"%&*&'*'"1D#"'0*
5#P#%&')%5?&).#'"&!).#L#)+*&*&%'.14*)+*&Y#L*P#&!#(0%)*Q#&%(&51&4%'"#%&C%'4%L#$&)1Q1C
L1.#&:?D#&M%L& 7,&%(&'1&4%D*81&*&0#%&)$V%)(*&C%'4%L#$&B%"%$#X&L%9*)+*&')%5&4$1'"*S
)1$%)#"(%&4%D%Q?&%9#&0$#J#X&9%'#('0%C&*&(#4?J'0%CX&L#&4$1'1P1&D.1"#P01&)1/1&(#&"%5&'"$#(*
R.*&'#D&"#5&C$#L&(*51&?'41%&L%9*"*&[&*'"%P(%D&4$#)<?&!#(L#J&51&*/&')%C&")$L%C&%$.%)'0%C
BJ?P#&0%L&M#<0#&+*$*%&?"*<#5&*&).#'"X&?'41)+*&L#&L%9*51&`(%C%+"&-%&9%$91&'#&=#>#$*D#
*&L%&0#"#'"$%N1&%L& 7@&C%L&!#(L#J&(*51&)%L*%&(101&'#D%'"#.(1&4%.*"*01&?&%L(%'?&4$1D#
!*C*'D?(L?&*&b#L*'.#)?X&(1C%&'1&?&C.#)(%D&%'.#8#%&(#&:$)%5#&*&*+#%&'&8*D&?&')*D#
)#S(*5*D&4*"#8*D#&R.*X&%5#P#)+*&'#D&*&'#C.1L#)+*&*/)1'(1&(1L%'"#"01&*&(1)1+"*(1&?
:$)%51)?&)%>'")?X&%(&4%P*81&L#&'1&%L)#5#&%L&81C#&*&4%'.1& 7@&C%L&')1&)*+1&*L1&')%5*DX
?)10&L%'"#&4#SJ*)%&*/#9$#(*DX&4?"1D&T*51&(#D&L#(#'&4%/(#"%X&0#0)*&'?&9*.*&!#(L#J1)*
F & &
ñF&-?9$%)(*0#X&(#&0%5*D#&D?&51&Y14?9.*0#&P1'"*"#.#&4%P1"0%D&D#$"#
 7&C%L  &O#'(%&51&'#D%X&L#&51&%(&*/&L#(#&?&L#(&5#P#%&*&L%9*5#%&')1&%L$1>1(*5*&*
'#D%'"#.(*5*&'"#)
[&51'1(& 7&L%+.%&51&L%&$#"#&*/D1>?&=.1"#0#&*&0$#J#&!*C*'D?(L#X&0%5*&(*51&V"1%&4$*/(#"*
4%C%L9?&*/D1>?&b#L*'.#)#&*&Y14?9.*01&[&-#.D#<*5*&51&)1Q&4$1&"%C#&L%+.%&L%&9%$91X&51$
(10*&C$#L%)*X&0#%&e*91(*0&*&H$%C*$X&4%D#C#(*&%L&U)#(#&T1.*4*Q#X&(1&V"1L%+1&L#&4$*/(#5?
)$V%)(?&).#'"&D.1"#P0?&!#(L#J&'1X&*&?&"%D&'?0%9?X&(#>1&(#&'"$#(*&=.1"#P01&Y14?9.*01X&#
4$%"*)&!*C*'D?(L#&K1Q&$#(*51&%(&51&%4%D*8#%&-?9$%)P#(1&L#&/(#5?X&L#&%(&%'"#51&*&L#J1
4$*5#"1J&b#L*'.#)%)&*&%+"$%&*D&51&/#D1$#%X&+"%&'?&(#4#L#.*&(#4?J'01&.#>1&(#&O#L$#('0%D
=%$?X&#&4%'19(%&?&51L(%5&9%$9*&0%L&B%$P?.1&!#(L#J&'1&(*51&?'"$?P#)#%&4%$?P*"*
Y14?9.*<*X&L#&$#P?(#&*&(#&"?$'0?&4%D%QX&?&'.?P#5?&4%"$191&O&Y#L%(*Q&(#)1%&51&0#%&)$.%
)1$%)#"(?&4$1"4%'"#)0?X&L#&51&!#(L#J&?&%)%D&)$1D1(?&4%L1+#)#%&')%5?&4%.*"*0?&4$1D#
4$*.*0#D#&?&'?'1L(%5&!$9*5*X&CL1&51&L1'4%"&!"1)#(X&4$*'"#.*<#&!*C*'D?(L%)X&9*%&4$*'*J1(
%L&H?$#0#X&L#&4%L1.*&')%5?&L$S#)?&'#&8*D#&%L#(*D&9$#"%D&K?0%D&ED#5#& 7G 
&Y#(*51
!#(L#J1)%&4$*.#S181&!*C*'D?(L?X&0%51&'1&(1&4%D*81&(*&?&51L(%D&*/)%$?X&#0%&'1&*
L%C%L*.%X&9*.%&51X&'#D%&4$*)$1D1(%X&4%L&?"*'0%D&%4+"1C&'.%D#&R.*&9$/%X&)1Q&'$1L*(%D
 7&C%L&%(&51&(1'?D8*)&4$*5#"1J&*&4$*'"#.*<#&b#L*'.#)J1)&T#4?J'0*&0#(L*L#"&P#0
)$9?51&(#5#D(*01&?&81C%)%5&%9.#'"*&*&4$10%&81&?&;%'(*& &C%L&[&%)%&)$1D1&!#(L#J&51
(#$%P*"%&(#'"%5#%&L#&4%L).#'"*&B%"%$X&*'0%$*+Q#)#5?Q*&$#"&*/D1>?&=.1"#0#&*&;#.+*Q#&?
\1"*&*&3$*D%$5?&B#L&O1.#&;#.+*Q0#&(*51&.*P(%&?'41.#&L#&'0.%4*&"$#5#(&D*$&?&=.1<*D#
0$#51D& 7&C%L&4*"#81&B%"%$#&4%'"#.%&51&L%'"#&#0"?1.(%&M$#L&51&'#D&4%P1%&4$1C%)%$1&'#
=.1P#(*D#&L#&*D&'1&4$1L#&4%L&*/)1'(*D&?'.%)*D#&*&%)*&'?&9*.*&)%J(*&L%&*/)1'(1&D1$1&L#&C#
4$*D1&-#&"%&'4$1P*&!#(L#J&51&4%P1%&(#4#L#"*&C$#L&*&?&.1"%& X&C%L&4#.*%&D?&51&%0%.*(?&*
)*(%C$#L1&!4$1D#%&51&P#0&*&D#.?&N.%"?&4$%"*)&81C#X&#.*&51&?&"%D&(#*.#/*%&(#&%"4%$&*&0%L


 

 
=.1P#(#&*&0%L&-?9$%)P#(#  
:$)%51&51&/#&"%&)$1D1&?S*)#%&4?(%&4%)1$181&0$#J#&!*C*'D?(L#&;*%&51&)#S(*5#&*&5#P#
.*P(%'"&%L&`'"%51X&0%5*&51&?&%P*D#&9?L*D'0%C&L)%$#&4$1"'"#)J#%&4$1)$"J*)<#&!D#"$#(&51&*
P#0&(#/*)#(&)*<10$#J1D&;%'(1&]1C%)#&).#'"& 7&C%L&4$%+*$*.#&'1&?&9%$9#D#&*&(#
*'"%P(?&;%'(?X&CL1&51&L$S#%&")$L1&C$#L%)1&!$19$(*0X&B?+.#"&*&9%C#"?&!$19$1(*<?&*&CL1&51
4%L*C#%&(%)1&C$#L%)1&;$%L#$&*&!?'51L
;%'(#&%P1)*L(%&(*51&D%C.#&L#&'1&'D*$*&-%C#>#5*&?&'?'1L'")?&*&"#0)%&L$S#81&!#(L#J1)%&*
5%+&(10*V&).#'"1.*(#X&0%51&51X&0%.*0%&51&D%C#%X&4%D#C#%&0$#J&`'"%5#X&L%)1L%+1&0$#J#
!*C*'D?(L#&(#&D*'#%X&L#&5%+&51L(%D&0$1(1&?&;%'(?&*&?P*(*&0$#5&')#0%5&(1*/)1'(%'"*&[
4$%.1Q1& 7&C%L&?+.#&51&D#>#$'0#&)%5'0#&?&;%'(?&'#&'1)1$#X&)%>1(#&%L&3#).#&;1+18*5#
-?9$%)#P01&)1'"*&'#L$S1&"?S91X&L#&'?&D#>#$'01&4%'#L1&*/&")$L%C&*&S*)%4*'(%C&K$#(L?0#
4$%)#J*)#.1&?&'?'1L(#&D1'"#&*&)$+*.1&(#'*J#&(#L&8*V%)*D&"$C%)<*D#  &!#&/#4#L#&)%L*%
51&L$?C?&)%5'0?&V1$<1C&:$)%51&B$#J&`'"%5#X&0%5*&'1&(#.#/*%&?&K*'%0%DX&%'"#)*&C$#L&B$#J#
!*C*'D?(L#X&0%5*&51&.*P(%&'"*C#%&?&;%'(?&0$#51D&#)C?'"#X&4%D%C#%&51&?&"%5&)%5(*&*&L1'4%"
!"1)#(&K%5)%L#&!#(L#J&*&0(1/&3#).1&Y#L1(%)*Q&9*.*&'?&"#L#&4$%"*)&!*C*'D?(L#&*&?
-?9$%)(*0?&'1&'&$#/.%C%D&D*'.*.%&L#&9*&D%C.*&$>#)%&4$%Q*&Y14?9.*0#&51&9*.#&)%J(#&L#&'1
/#&8*V&/#?/D1X&(#$#)(%&4%L&?)1"%D&L#&'1&4%0%$1&0$#J?&-#&51&!#(L#J&'"#%&(#&'"$#(?
0$#J1)*V&4$%"*)(*0#&)*L*&'1&(#59%J1&4%&"%DX&+"%&51&@&(%)1D9$#&4$%L#%&=.1P#(*D#&/#&2777
L?0#"#&')%51&C$#L%)1&?&-#.D#<*5*&`'"$%)*<?&*&!0$#L*(X&'.1L1Q*&"#0%&4$*D1$&')%C#
(#4?J'0%C&4$*5#"1J#&\#&`'"$%)*<?&'?&=.1P#(*&C%)%$*.*X&L#&51&F0J?P&\#L$#&*&%0%.(*V
'"$#(#F&[&5#(?#$?& &(%)#<&51&/#&"1&C$#L%)1&9*%&*'4.#Q1(X&#&?&#4$*.?&%)*&'?&L%*'"#
4$1L#"*&=.1<*D# 
B$#J&!*C*'D?(L&(*51&9*%&/#L%)%J#(&`'"%5%DX&#.*X&4%$1L&"%C#X&%(&51&S1.1%&L#&(#&(1'?D8*)
(#P*(&?")$L*&')%51&4$#)%&(#&;%'(?&'"1P1(%&c#0%)#P0*D&[C%)%$%D&-%C#>#5*&'?&9*.*&)$.%
%/9*J(*&*&%(&51&V"1%&L#&;%'(?&*D#&P)$'"%&?&')%5*D&$?0#D#&Y#L*&"%C#&!*C*'D?(L&'1&%L.?P*%X
L#&'1&?&"$1Q%5&L1'1"*(*&%0"%9$#& 7&0$?(*+1&/#&9%'#('0%C&0$#J#&7&%0"%9$#&$1+*.%&51
L?9$%)#P0%&K1.*0%&K1Q1X&L#&4%0.%(*&277&L?0#"#&F &
 &
 

&& &  
8I8BJHBSH\AUAIHJ8AIKUKYI8GABB8IKF&B$#J&51&9*%&)%J#(X&L#&'1&"%D&4$*.*0%D&*/D*$*&'#&')*D#
)1.*0#+*D#&?&;%'(*&%91Q#)#5?Q*&%4$%+"181&*&D*.%'"i&#.*&51X&*'"%&"#0%X&4$1"*%&*&4$%C%(*D#
%(*D#X&0%5*&?'"$#5?&?&%4%/*<*5* 

`'"%5*(&4%.%S#5&"*D&#0"%D&"$19#%&9*&9*"*&.*0)*L*$#(&:$)%51&51&*&4%$?P*)#%&!4.*Q#(*D#X
L#&51&0$#J&4%(%)%&')$C(?"&*&L#&C#&%(*&.*+1&*D#8#X&0%5#&51&*D#%&?&8*V%)?&C$#L?&R.*X&?
'")#$*X&`'"%5#&51&%L& 7&C%L&0$#J&4$%"*)&)%J1&=#>#$#&*&N%$D#.(%&(*51&/#)*'*%&%L&"%C
8*V%)#&#0"#&`(&'1&"#0%&*&L$S#%X&*#0%&51X&*&"1&0#0%X&D%$#%&)%L*"*&$#P?(#&%&"%D&D#>#$'0%D
4%"1/?&T#&S#.%'"X&?&"%D&)#S(%D&4*"#8?&*/)%$*&(*'?&L%)%J(%&5#'(*&T1&/(#&'1&P#0X&(*&L#&.*
'1&!*C*'D?(L&L%*'"#&0$?(*'#%&9%'#('0%D&0$?(%DX&*.*&51X&?&4%'.1L8*&P#'X&/9%C&(10*V
(14%/(#"*V&$#/.%C#&%L?'"#%&%L&"%C#&\(#&'1&'#D%X&L#&'?&'1&(%)1D9$#& 7&!#(L#J&*&0(1/
3#).1&(#.#/*.*&?&%9.#'"*&!#(1X&)1$%)#"(%&(#&(10%D&'#'"#(0?&9%'#('01&C%'4%L1&H#D%&'?&
(%)1D9$#&?4?Q*)#.*&-?9$%)P#(*&51L(%&')%51&4%'.#('")%&'#&?4?"'")*D#&/#&8*V &B#0%&'1
!#(#&(#.#/*.#&?&:$)%51)%5&%9.#'"*&*/.#/*.%&9*X&4$1D#&"%D1X&L#&51&'&8*D&(#>1(#&(10#&L%L*$(#
"#P0#X&9#$&?&"%.*0%&L#&'1&*/)1'(#&4*"#8#X&?&0%.*0%&'1&D%S1X&0%(#P(%&$#'4$#)1&\#&"%&)$1D1X&2
(%)1D9$#X&0$#J&!*C*'D?(L&'1&9#)*%&(#&'#')*D&'?4$%"(%5&'"$#(*&;%'(1X&0%L&Y#P1&(#&-$*(*
\9%$&9%'#('01&C%'4%L1&'#'"#%&'1X&)1$%)#"(%X&4%'.1&81C%)#&%L.#'0#&*/&;%'(1X&0#L&51&"$19#.%
*/)1'"*&'")#$*&(#&P*'"%
-#&'1&!*C*'D?(L%)*&4$%"*)(*<*&(*'?&%'1Q#.*&4%"4?(%&'0$V#(*&*&L#&51&(1/#L%)%J'")#&5%+
9*.%&)*L*&'1&(#59%J1&4%&"%DX&+"%&'?X&%LD#V&4%&%L.#'0?&!*C*'D?(L%)?X&*/9*.1&4%9?(1&4$%"*)
81C%)*V&C#$(*/%(#&[&!$19$1(*<*&51&L%+.%&L%&J?"1&9%$91X&?&0%5%5&'?&?P1'")%)#.*&*
4%'"$#L#.*&*&L?9$%)#P0*&"$C%)<*&9%$1Q*&'1&(#&D#>#$'0%5&'"$#(*X&4$)*V&D1'1<*& &C%L
;%'#('01&?'"#(*01&4%D#C#.*&'?&H?$<*X&0%5*D#&'1&4$?S*.#&(%)#&4$*.*0#X&L#&'1&?D1+#5?&?
8*V%)#&?(?"$#+8#&"$)18#&T#&P1.?&9%'#('01&%4%/*<*51&'"#5#V?&%")%$1(%&)%5)%L#&!#(L#J&*


 

 A
0(1/&3#).1&B%L&!#(L#J#&9$%5&"?$'0*V&P1"#&<1(*%&'1&?&"%&)$1D1&(#&6777&J?L*
B$#J&!*C*'D?(LX&0%5*&'1&'4$1D#%&(#&%/9*J#(&$#"&'#&=.1<*D#X&?4%"$19*%&51&51L#(&L1%&')%51
)%5'01X&L#&?&;%'(*&4%(%)%&4%)$#"*&$1L&B$#51D&#4$*.#& &D#>#$'01&P1"1&9*.1&'?&*&%41"
C%'4%L#$*&'*"?#<*51&?&/1DJ*&K1Q&?&D#5?&P?.%&'1&?&-?9$%)(*0?X&L#&'?&%LD1"(?"*&9%'#('0*
)1.*0#+*&4%(?L*.*&!*C*'D?(L?&4$1C%)%$1&/#&D*$ &`)*&'?&4%"$#5#.*&(1+"%&L?S1&*&"10&'
51'1(*&L%)1.*&'?&L%&4%"4?(%C&'4%$#/?D#&\#&"%&)$1D1&!#(L#J&51&"$#S*%&4%"4%$1&0%L&0$#J#
b#L*'.#)#&*&'.#%&51&P#0&')%C#&9$#"#&K?0#&?&U"#.*5?&R.*&b#L*'.#)X&/#?/1"&*'?)*+1
"#.*5#('0*D&4*"#8*D#X&(*51&D%C#%&4$?S*"*&(*0#0)1&'")#$(1&4%D%Q*&`'"#5#.%&51&%(L#X&0#%
51L*(*&*/.#/X&*/D*$181&'#&!*C*'D?(L%DX&0%51&51&*/C.1L#.%&L#&Q1&9*"*&4%L&L%'"#&"1+0*D
?'.%)*D#&-?9$%)P#(*X&$#P?(#5?Q*&'&"*DX&D%.*.*&'?&0$*+%D&%L&D#>#$'0%C&0$#J#X&L#&*D&0#%
(#C$#L?&/#&4$1"$4J1(1&+"1"1&?'"?4*&S?4?&B%(#)J1X&4%'1L&!#(L#J1)&*&3#).#
Y#L1(%)*Q# &!*C*'D?(LX&D1>?"*DX&(*51&9*%&?&4%.%S#5?X&L#&4$1)1.*0*D&/#"1/#81D&'#&')%51
'"$#(1&%L#C(#&J?L1&D1>?&(14%D*$J*)1&4$%"*)(*01&]1C%)&$#"&'#&=.1<*D#X&4%P1"&'&.14*D
?'41'*D#X&*/)$C#%&'1X&"%0%D&#)C?'"#&*&'14"1D9$#& X&?&P*"#)&(*/&4%$#/#&B$#J&'&"%C#
4%0#/#&L%'"#&L%9$1&)%J1&/#&'4%$#/?D&H#5&51&*&4%'"*C(?"&?&%0"%9$?&*'"1&C%L*(1&-?9$%)#P0#
Y14?9.*0#&?4?"*.#&51&')%51&4%'.#(*01&!#(L#J?&A&%0"%9$#X&L#&D?&"%&P1'"*"#5?&!*C*'D?(L&51
D%C#%&9*"*&(1+"%&9.#S*&?&'4%$(*D&4*"#8*D#&;%'(1&L%(10.1&*&'&"%C#X&+"%&51&&5?.#& 
*/#9$#(&/#&(1D#P0%C&<#$#&*&"*DX&?&.*P(%D&4$1'"*S?X&L%9*%&%P*C.1L#(&4$*$#'"&3%
'0.%4J1(%D&'4%$#/?D?&!#(L#J&*&0(1/&3#).1X&*#0%&81C%)*&C.#)(*&4$%"*)(*<*X&%'"#L%+1
(1L*$(?"*&?&')%D&4%'1L?&U&0$#J&`'"%5#&51X&4$*/(#)+*&'1&*/$1P(%&0#%&)#/#.&!*C*'D?(L%)X
/#L$S#%&*&L#J1&')%5&4%.%S#5&\#&')%5?&'*C?$(%'"&!*C*'D?(L&51&/#L$S#%&/#&=#>#$'0?&'#D%
%9.#'"&!%.*&*&['%$1X&4%)1$*)+*&*V&(#&?4$#)?&U)#(?&M#$*&E['%$?G&*&U)#(?&=%$%)*Q?
E!%.*G
[&%)*D&')*D#&9%$9#D#&V1$<1C&:$)%51&9*%&51&4%"4?(%&(#&'"$#(*&!*C*'D?(L%)%5&`(&51&.*P(%
%4"?S*)#%&0$#J#&`'"%5?X&+"%&'#&H?$<*D#&*&%LD1"(*<*D#&$#L*&4$%"*)&#4%'"%.'0%C&0$#J#
=#>#$'01&R.*X&/#(*DJ*)%X&V1$<1C#&?&"%&)$1D1&D#81&+"?5?&(1C%&!#(L#J#&UD#&)1'"*X&D%SL#
'#D%&4$*4%)1L#0#X&#.*&L%'"#&0#$#0"1$*'"*P(*VX&0#0%&'?&D#>#$'0*&)1.*0#+*&4$#)*.*&+1C?&'#
:$)%51D&`)#5&51&4%P1%&L#&C?9*&%'.%(#<&(#&L%'"#&'"$#(#&]1C%)*&4%L#(*<*&!4.*Q#(*&(*'?
9*.*&'&8*D&(*D#.%&/#L%)%J(*i&(1+"%&D%SL#&'&"%C#X&+"%&*D&51&/#&C$#L'01&0(1/%)1&4%'"#)J#%
'19*&%L#(?&9%'#('0?&).#'"1.?X&#&(1+"%&*&/9%C&81C%)*V&%+"$*V&D1$#&4$%"*)&*/)1'(*V
8*V%)*V&C$#>#(#&3$%"*)&81C#&'1&91+1&*'"#0#%&*&)%5)%L#&!#(L#J&`)#5&'1&4$1L&0$#5& 
$#'"#)*%&%L&')%51&4$)1&S1(1X&:$)%51)1&'*(%)*<1&B#"#$*(1X&*&%S1(*%&'1&O1.%DX&?L%)*<%D
c?$>#&!"$#<*D*$%)*Q#X&#&Q1$0%D&0(1/#&b#/#$# &`)#5&51&9$#0&9*%&P*'"%&4%.*"*P0*X&$#L*
!#(L#J1)*V&4$1"1(/*5#&?&\1"*&*&3$*D%$5?X&#.*&'1&4%0#/#%&)$1D1(%D&0#%&)$.%&'$1Q#(&j1(#
4?(#&"#0"#X&O1.#&51&(#&!#(L#J#&L1.%)#.#&%4.1D18?5?Q*&C#  &3%'.1&"1&S1(*L91X&)1Q&?
#4$*.?& X&!#(L#J&'1&/#.#C#%&?&=.1<*D#&S*)%&/#&O1.*(#&'*(#&;#.+?&?&\1"* 
&:$)%51&51
(#.#/*%&?&!#(L#J1)?&4%'"?40?&?)$1L?&/#&')%5?&4%$%L*<?&*&"*D&51&.#0+1X&%"#L#X&D%C#%&L#
9$#(*&')%5&%P*"%&(14$*5#"1J'0*&'"#)&4$1D#&81D?X&'&0%5*D&'1&9*%X&0#0%&'D%&4$1&)*L1.*X&*
4%.*"*P0*&$#/*+#%&]1D?X&(#$#)(%X&(*51&'#L&D%C.%&9*"*&4$#)%X&L#&!#(L#JX&L%5?P1$#+8*
%LD1"(*0X&*D#&(#&9?L*D'0%D&L)%$?&*'"*&?C.1L&*&P#'"&0%5?&*&%(
B$#J&!*C*'D?(L&/#)$+*)+*&(#&L%'"#&'"$#(#&')%51&4%'.%)1&'&4?(*D&*.*&9#$&4%.%)(*D
?'41V%DX&*&4%'"*C#)+*&.*P(%&(#5)1Q*&'"141(&L%&0%C#&'1&D%C.%&L%Q*X&91+1&%L.?P*%&L#&(#&')%D
L)%$?X&?&;?L*D?X&(#&-?V%)1& X&*'0?4*&<1.%&L$?+")%&).#L#$#X&'&0%5*D#&51&9*%&4$*5#"1J&*
'#)1/(*0X&*&')1&0(1/%)1&*&)1Q1&)%5)%L1X&0%5*&'?&4$*/(#)#.*&81C%)?&)$V%)(?&).#'"&T#
9?L*D'0*&L)%$&'"*C%+1X&L%*'"#X&4%J'0*&0$#JX&L1'4%"&!"1)#(&b#/#$1)*QX&0$#J&`'"%5#X
#?'"$*'0*&V1$<1/*&*&D(%C1&L$?C1&.*P(%'"*X&#&D1>?&8*D#&*&:$)%51X&!#(L#J&*&0(1/&3#).1
;%'#('0*&)1.*0#+*X&0%5*&'?&*+.*&'#&S1(#D#X&/#51L(%&'#&8*V%)%D&4$#"8%DX&?4#L#.*&'?
(#$%P*"%&?&%P*&(#&"%D&'0?4?i&#&8*V%)*&5?(#<*&*'"#0%+1&'1&?&')1P#(*D&"?$(*$*D#X&?
D(%+")?&'"$#(*V&)*"1/%)#X&0#%&J?L*&%L&D#P#&*&)1+"*(1&H%D&4$*.*0%D&*'"#0#%&'1&4%'19(%&*
.14*&L1'4%"&!"1)#(X&F0#%&D1'1<&D1>?&/)1/L#D#FX&0%5*&51&L%9*%X&0#%&'#)1/(*0&!*C*'D?(L%)&?
$#"?&%L& 7 X&%L&0$#J#&FD(%C#5#&%"¯&%?C$¯'0|*V¯&'"$#(¯&C$#L|&%?9%&")$¯L|51&*&)¯'*


 

 
*&4$%P#5#F  &B$#51D& X&?&(%)1D9$?X&0$#J&!*C*'D?(L&'1&(#.#/*%&(1CL1&%0%&\)%$(*0#X
D%SL#&F?&4%L$?P5?&\.#"%(%'%)*Q#FX&9%'#('01&).#'"1.1&"%C#&0$#5#X&?&'?'1L'")?&!$19$1(*<1X
0%5?&51&"#L#&)1$%)#"(%&4$1L#%&L1'4%"?&!"1)#(?&3%?/L#(%&4%D*81&'1&%(#&?&'$4'0%D&4%'1.?&%L
&%0"%9$#& A  &;%'(#&51X&(#&"#5&(#P*(X&*/C?9*.#&$#"%D&4%'.1L8*V&C%L*(#&'1)1$(%
4%L$?P51&!%.*&*&['%$1X&*&*'"%P(?&)#S(?&!$19$1(*<?X&0%5?&81(*&).#L#$*&(*0#L&(*'?&D%C.*
L#&4$1S#.1
H1&P1'"1&9%$91&*&?(?"$#+8*&D1"1S*&?&;%'(*&4%$1D1"*.*&'?X&4$*$%L(%X&')#0*&4%$1L#0&*
?P*(*.*&'?&L#&'?&'"$#'"*&?/1.1&D#V#&*&(#$#)*&4%L*)J#.1&3J#P01&*&%"*D#P*(1&4%'"#+1
P1'"#&4%5#)#&B%.*0%&'?&%4#P*(1&?/1.1&D#V#&4%0#/#Q1&L%)%J(%&%)#5&4$*D1$&-?9$%)#P0*
"$C%)#<&O#0+#&;?(*Q&91+1&'1&0$1(?%&*/&-1S1)*<1&E0%L&o%5(*<1G&?&K*'%0%X&(%'1Q*&'%9%D&'#)
(%)#<&*&?&$?L(*0?&(#9#)J1(%&'$19$%&-#&9*&9*%&'*C?$(*5*&4%+#%&51&?&L$?+")?&'&0(1/%D
K?0%DX&(1Q#0%D&0$#J#&`'"%51&R.*&(#&4?"?X&4$1L&K*'%0*DX&'#D&0(1/&K?0&(#4#L1
-?9$%)P#(*(#X&?9*&C#&*&%4J#P0#X&@&D#5#& &=%S1&'1&D*'.*"*&0#0)%&51&/#4$14#+Q181
(#'"#.%&?&-?9$%)(*0?&(#&)1'"X&L#&51&51L#(&P.#(&0$#J1)'01&0?Q1&9*%&'#?P1'(*0&?&"#0)%D
/.%P*(?i&*X&%4$#)L#(%X&+"#&'1&D%C.%&D*'.*"*&%&%'"#.*D&)1.*0#+*D#X&0%5*&'?X&91/&D#.%X&4%
4$*D1$?&'&(#5)*+1C&D1'"#X&D%C.*&4%'"#"*&(#5%9*P(*5*&$#/9%5(*<*Ð &F:¨L1&(#+*&4%
H?$<V¯&*&4%&*(V¯&4%C#(1V¯FX&"?S*.#&'1&-?9$%)#P0#&Y14?9.*0#&0$#J?&`'"%5*X&FL#&(*CL$¯
"%.*0#&/.#&(#+D¯&(1&?P*(*+1&0%.*0%&"?/* &[&L1<1D9$?& &%4J#P0#.*&'?&J?L*&0(1/#
M$C?$#&T*0%.*Q#&51L(%C&"#.*5#('0%C&4%'.#(*0#&*/&31/#$#X&#&?&5?.?& &?&(1$1")#('0%5&b?<*
%4J#P0#%&51&(10*&)%5)%L#&=*.%+&51L(%C&L?9$%)#P0%C&"$C%)<# &\#&(1$1L&?&'?'1L'")?
0#$#0"1$*'"*P(#&51&*&%L.?0#&-?9$%)#P01&Y14?9.*01&%L&@&5#(?#$#& X&L#&'1&4*+1&0(1/?
!.#(%CX&0#0%&"$19#&*'"1$#"*&*/&F(%)*V&/1D#J#F&F')1&K.#V1&*&8*V%)?&'"%0?&0$#J#
`'"%51F 
U&4%.*"*P0*&%L(%+#5*&?&/1DJ*&*/D1(*.*&'?&'1&/(#"(%&?'.1L&%)*V&'?0%9#&*&4$1.%D#&3$1
')1C#X&?)1L1(*&'?&H?$<*&?&$1+#)#81&9%'#('0*V&0$*/#&*&"#0%&*D&51&L#"#&4$*.*0#X&L#&L%<(*51&*
(14%/)#(*&+*$1&*&5#P#5?&')%5&?"*<#5&3%'.1X&*/D1(*.#&'1&C$?4#<*5#&'"$#(#0#&T#&51L(%5&'"$#(*
9*%&51&9%'#('0*&0$#J&`'"%5#&0#%&D#>#$'0*&)#/#.X&0%C#&'?&4%D#C#.*&L%5?P1$#+8*&4$%"*)(*<*
!*C*'D?(L%)*&T#&P1.?&"1&'"$#(01&(#.#/*%&'1&'#L&?&;%'(*&)%5)%L#&!#(L#J&T#&81C#&51
(1'?D8*)%&D(%C%&L1.%)#%&+?$#0&D?&L1'4%"&!"1)#(X&0%5*&51&9*%&%L#(&4$*'"#.*<#
!*C*'D?(L%)1&4%.*"*01&-?9$%)P#(*&?&51L(%D&4*'D?&%L&A&D#5#& &*/$1P(%&)1.1&q
&‚&&
&& &
X&& &
&&   &-1'4%"X&0%5*&51&%L.*P(%&'"#5#%&0%L
!*C*'D?(L#X&?)1%&51&!#(L#J#&?&D*.%'"&0$#J1)?&*&%.#0+#%&D?&4%.%S#5&R.*&'1&'#L&0#%
4$%"*)(*0&!*C*'D?(L%)&*&(%)1&4%.*"*01&*'"#0#%&4%(%)%&V1$<1C&:$)%51&[&"*D&4$%D1(#D#
?)1$18#X&)*L*&'1&5#'(%X&(*'?&%L.?P*)#.#&"%.*0%&(#P1.#X&0%.*0%&.*P(1&)1/1&*&*("1$1'*&*
#D9*<*51&4%51L*(1&).#'"1.1X&0%5#&'?&91/&D(%C%&'0$?4?.#&?'"#5#.#&L#(#'&4$%"*)&%(%C&+"%&'?
9$#(*.#&5?P1X&L#&"%&'5?"$*&L#(&4%(%)1&?&L$?C%D&%9.*0?&U("1$1'&L$S#)(1&/#51L(*<1&(*51&?
"*D&')*D&'4%$%)*D#&9*%&'")#$&4%+"1(1&9$*C1&/#)#>1(1&C%'4%L1i&*&"%&0#%&+"*&'"$%C#&D%$#.(#
%'1Q#8#&(*'?&9*.#&%'%9*(#&8*V%)*V&4$*$%L#&T*51&9*.%&0%D9*(#<*5#&0%5#&9*&(#P1.(%&9*.#
*'0J?P1(#X&#0%&51&"$19#.%&'0$V#"*&4$%"*)(*0#&*.*&%91/91L*"*&')%5&*("1$1'&[&'#)1/&51
4$*D#(&0%&51&C%L&"$1(?"(%&D%C#%&4%D%Q*X&91/&%9/*$#&(#&D%"*)1&4%51L*(*V&4%D#C#P#&*&(#
4%'.1L*<1&*&%9$#P?(1&*/#&')$+1(%C&L1.#&3%V.14(*&(#&(%)#<X&C$#DSJ*)*&/#&).#'"X
/#C$*S1(*&?&?/#5#D(%5&9%$9*X&)1.*0#+*&'?&$#/51L#.*&L$S#)?X&%C%$P#)#.*&4%L#(*01&*&?9*5#.*
')#0%&%'1Q#81&L?S(%'"*X&)1$(%'"*&*&J?9#)*&/#&D#&0%5?&')1".*5?&'")#$&B#%&+"%&'?&D#8*
0(1/%)*&*&)%5)%L1&4J#P0#.*&4%51L*(<1&*&0#$#)#(1X&"#0%&'?&)1.*0*&V#$#.*&L$S#)?X&0%5#&51&')1
)*+1&4%P1.#&L#&L%9*5#&*/C.1L&<$)%"%P*(1

)*  


3%P1"0%D& A&C%L&4$%)#.*%&51&?&/1DJ1&L1'4%"#&!"1)#(#&'?."#(&=?'#&*&%')%5*%&51
)*+1&C$#L%)#X&#&D1>?&8*D#&*&")$L*&!"#.#Q&(#&'4%5?&%91&=%$#)1&[&4%D%Q&L1'4%"?&0$#J
!*C*'D?(L&4%'.#&U)#(#&=%$%)*Q#X&#&)%5)%L#&!#(L#J&0$1(?&'#DX&)1$%)#"(%&D#5#&D1'1<#X&L#&'1


 

 2
(#>1&(#&(1)%J*&')%D&+?$#0?&!$9*D#&'1&4$*L$?S*&*&=?'*(&4$%"*)0#(L*L#"&=?V#D1L
[51L*81(#&)%5'0#&4%"*'(?&H?$01&*/&!$9*51&*&L%>1&')1&L%&T%)%C&;$L#X&%L#0.1&'1&)$#"*+1
L1'4%"X&!#(L#J&*&=%$%)*QX&L%0&51&=?V#D1L&*+#%&(#4$1L&4$#Q1(&c?$>1D&;$#(0%)*Q1D&*
'#)1/(*P0*D&P1"#D#&3%L&K*"%+1DX&0%L&'1.#&_#D%$.?X&=?'#&51&9*%&4%"4?(%&'#).#L#(&*&(#
91C'")?&?V)#Q1(&*&?L#)J1(&E2&5?.#& AG&-?9$%)P#(*&'?&L%<(*51&4*'#.*&!#(L#J?&'#
+"%)#81DX&F0#0%&'1&51&C%'4%L¯'")%&"*&V$#9$%&*&4.1D1(*"%&4%(.%&4$*&C%'4%L*(?&L1'4%"?&*
<#$?&"?$¯'0%D¯F 
B#L&51&!#(L#J&%"*+#%&?&!$9*5?&*'0%$*'"*%&51&:$)%51&81C%)%&%L'?'")%&*&?&D#5?&(#4#%&51
!#(L#J1)?&%9.#'"&*&%4?'"%+*%&51  &H%&51&*/#/)#.%&%4+"1&C(?+#81&4$%"*)&81C#i&51L(%X&51$
51&L1.%&9*.%&(1)*"1+0%i&#&L$?C%X&+"%&51&?P*81(%&4$%"*)&4$*5#"1J#&0$#J#&!*C*'D?(L#X&0%51
51&%(&%P1)*L(%&4%D#C#%&?&"#L#&V$*+Q#(*D#&'*D4#"*P(%5&9%$9*&4$%"*)&H?$#0#&3$)*&'1
4$%"*)&:$)%5#&%LD1"(?%&!4.*"X&'D#"$#5?Q*&V1$<1C#&0#%&'?$%)%C&9*9.*5'0%C&N#$#%(#&B$#J
!*C*'D?(L&%).#'"*&-?9$%)P#(1&,&5?(#X&"1&*&%(*&4%'1L%+1&L#)(%&S1J1(1&%"%01&B%$P?.?X
;$#P&*&:)#$X&*&"%X&0#0%&'?&%(*&4*'#.*X&F?&*D1&(51C%)%&*&4%&(51C%)?&$?0?F 
&H%&4%'1L#81
*/#/)#.%&51&4$%"1'"&)%5)%L1&!#(L#J#&*&51L(?&L1D%('"$#<*5?&0(1/#&3#).#X&0%5*&51&(#$1L*%&L#
'1&(#4#L(1&L?9$%)#P0%&'1.%&`'1.(*0X&Y14?9.*0#&'1&(1*'0$1(%&9$#(*.#X&L#&51&"%&?$#L*.#&4%
(#$1L9*X&#&(1&%L&')%51&)%J1&B%L&-?9$%)P#(#&'?&'1X&4%'.1&%)%C&?'41V#X&5#)*.*&*&(%)*
4$%V"1)*&[&51'1(&%)1&C%L*(1&8*V%)*&4%'.#(*<*&(#&D#>#$'0%D&L)%$?&"$#S*.*&'?X&L#&*D&'1
?'"?41&5%+&*&B%(#)J1&*&-$#P1)*<#X&#.*&4%&L%C%)%$?&'#&'?'1L(*D&C%'4%L#$*D#&*&?/&%+"1"?
  
&=1>?"*DX&D%$#.*&'?&"?&S1J?&(#'0%$%&(#4?'"*"*X&4%+"%&'?&(#'"#.*&0$?4(*&L%C#>#5*&?
;%'(*X&'#&)1Q*D&*("1$1'%DX&#&%(*&'?&'#D*&*D#.*&D(%C%&(14$*.*0#&'&%)#&"$*&%'"$)#X&0%5#&(*'?
V"1.#&L#&*V&'.?+#5?
`LD1"(?"*&!4.*"X&L#&9*&*/91C#%&%')1"*&:$)%51)%5X&4$*/)#&/#+"*"?&0$#J#&!*C*'D?(L#
`)#5X&%/.%51>1(&(#&:$)%5#X&%L?/1%&D?&51&?&*'"%&)$1D1&*&S?4?&!#(?&*&?'"?4*%&51&0(1/%)*D#
;.#C#5'0*D &`4"?S9#&4$%"*)&:$)%5#&C.#'*.#&51X&L#&51&%(&?&)1/*&'&H?$<*D#&*&L#&*V&51
4%/*)#%&?&9%$9?X&0#0%&!*C*'D?(L&0#S1X&F(#&4$%4#'"&(#+*V&0$#J1)*(#&*&P*"#)%C#
V$*+Q#('")#F&H)$L*.%&'1X&'&0$#J1)1&'"$#(1X&L#&51&?V)#Q1(&51L#(&:$)%51)&P%)10&'&4*'D1(*D
4%/*)%D&H?$<*D#&3$%"*)&V1$<1C#&0$1(?+1&'1&P#0&*&L)1&D#81&D#>#$'01&)%5'01&O1L(#&51
(#4#.#&:$)%51)1&4%'1L1&?&!.#)%(*5*X&#&L$?C#&?&:$)#"'0%5&`(&9*&4$%C.#+1(&0#%&*/L#5(*0
V$*+Q#('01&'")#$*&*&0#%&91/L?+(*&%LD1"(*0&0$#J1)&:$)%51&51&4%0?+#%&L#&'1&9$#(*
T#4#L#5&(#&81C%)1&L?+D#(1X&C%)%$*%&51&%(X&"%&5%+&(*51&(#4#L#5&(#&!*C*'D?(L#X&(*"*&*/L#5#
D#>#$'0%C&0$#J#&3%$*<#%&51&')1&)1/1&'#&H?$<*D#&*&9*%&)%J#(&L#&*/*>1&4$1L&'?L&).#L#$#&*
0(1/%)#&'&4%'.1L81C&9?L*D'0%C&/9%$#&H$#S*%&51&L%0#/1&4$%"*)&'191&*&(?L*%&?&/#.%C?X&0#%
L%0#/&.%5#.(%'"&*&C$#L%)1&K$9#'&*&B%/#$?&FT1D%5"1&D1&%L9*5#"*&%L&'.?S91&0$#J1)'01&*&)#+1
*&%9#$#"*&D1&91/&0$*)81X&51$&/#&')%5?&0$*)8?&(*0#0%&(1&/(#DFX&4*'#%&51&%(&?4.#+1(&0$#J*<*
;#$9#$*&3$10.*8#%&51&P#0X&')#0#0%&(1*'0$1(%X&L#&D?&4%D%C(?X&L#&(1&?D$1&0#%&4%C#(*(&?
'"#$%'"*&F51$&'#D&51L)#&*&"1+0%&L%P10#%&)$*51D1F&L#&%L&4%C#('0%C&%9$1L#&4$*51>1D&(#&)51$?
0#"%.*P0?X&*&L#&)51$(%&?/D%C(1D&'.?S*"*&')%C#&0$#J#F&R0%&9?L1&(1'#'.?+#(&%LC?$(?"&*
0#S81(X&%(&D%$#&4$*91Q*&4%'.1L81D&'$1L'")?&*&"$#S*"*&"#D%&4%D%QX&%L#0.1&51&D%C(1
L%9*"*&R.*&81C%)#&D(%C#&4*'D#&(*'?&(*&L%4*$#.#&L%&0$#J#X&(*"*&*D#.#&')%C&L15'")#
!*C*'D?(L&*V&51&L#)#%&:$)%51)*D&4$%"*)(*<*D#X&L#&*V&%(*&P*"#5?&*&L#&(#&8*V&%LC%)#$#5?
0#0%&/(#5?&]1C%)#&(1D*.%'"&9*.#&51&4%"4?(#&*&(14%0%.19*)# 
K*L1Q*&L#&(1&D%S1&4%4$#)*"*&')%C#&4%.%S#5#&0%L&0$#J#&*&81C%)1&%0%.*(1X&:$)%51
%L.?P*&L#&'1&'*.%D&%L?4$1&3%(?L*%&51&?&4$)%D&$1L?&'#)1/&=.1<*D#&R.*&Y14?9.*0#&!)
=#$0#X&*/D?P1(#&L?C*D&$#"%D&'&=#>#$*D#X&9#+&51&"*V&L#(#&E#)C?'"#& AG&)%L*.#&4%'.1L81
4$1C%)%$1&L#&L%>1&L%&D*$#&*&(*51&9*.#&(*D#.%&)%J(#&L#&4%D#S?Q*&:$)%5#&%"1+P#)#&')%5
4%.%S#5&:$)%51&51X&%(L#X&D%.*%X&L#&'1&Y14?9.*0#&9#$&/#?/D1&/#&8&0%L&0$#J#&!*C*'D?(L#&*&L#
L1.?51&(#&!#(L#J#X&L#&'1&'D*$*&*&?D1$*&B#L&(*&"%&(*51&?'41.%X&%(&'1&%9$#"*%&'#D%D&'?."#(?
!&H?$<*D#&51&?+#%&?&)1/1&')#0#0%&$#(*51&T?L1Q*&'1&=.1P#(*D#&%(&51&0#/*)#%&0#0%&'?&H?$<*
)%J(*&L#&D?&4%+#J?&A7777&J?L* &=#&*&(1&9*.#&"#&)1'"&4%"4?(%&"#P(#X&%(#&51&*4#0
0#$#0"1$*'"*P(#&*&/#&8X&*&/#&"#L#+81&4$*.*01&H?$<*&'?X&4%L&)%>'")%D&U'#091C#X&0$1(?.*


 

 ,
L%*'"#&4$%"*)&;%'(1&?&5?(?&  &C%L&M.#'&%&8*D#&*+#%&51&(#&')1&'"$#(1&*&?&-?9$%)(*0?&'1
*D#.%&D(%C%&4%'.#X&L#&'1&4$*4$#)*&%L9$#(#&!"%(#&*&(#%LC%)#$#&91C?(<*D#&*/&;%'(1X&0%5*&'?
"$#S*.*&L#&'1&'0.%(1&(#&L?9$%)#P0%&".1&7&5?.#&L#"#&51&L%/)%.#&)%5)%L*&!#(L#J?X&L#&?&C$#L?
(#9#)*&*&L#&(#4$#)*"*&%$?S5#&0%.*0%&?'"$19# &H?$<*&'?X&D1>?"*DX&(#)#.*.*&4$1&"%C#
K*L1Q*&8*V%)?&(#LD%Q&!#(L#J&'1&(*51&?'?L*%&L#&*D&/#0$P*&4?"X&(1C%&*V&51&4?'"*%&L#&4$1>?&?
:$)%51)?&%9.#'"&H?$<*&'1&$#/L1.*+1&51L#(&L1%&4%>1&L%.*(%D&;%'(1&4$1D#&-?9%P<?&?
%9.#'"*&U)#(*+#&T#L$%51)*Q#i&L$?C*&%'"#L1&?&['0%4J?X&?&L%.*(*&K$9#'#X&?&%9.#'"*
:$)%51)%5i&#&"$1Q*&'1&?4?"*&4$10%&9%'#('01&B$#5*(1&P#0&4$1D#&\#C$19?&!#(L#J&'1&/#&"%
)$1D1&4%)?0#%&?&4.#(*(1X&L#&%"?LX&4%&4%"$19*X&.#0+1&%41$*+1&*&9?L1X&4%&'"#$%5&9%'#('0%5
"#0"*<*X&9%J1&'0.%81(&?&'.?P#5?&(#4#L#5#&(#&8 &T#&"%D&)%5(%D&4%V%L?&H?$<*&'?
(#C$#9*.*&)1.*0&4.1(&*&/#L%)%J(*&?4?"*.*&C#&0?Q*X&#.*&(*'?&V"1.*&L#&(#4?+"#5?&9%'#('0%C
/1DJ*+"#&Fì & FX&4*'#.*&'?&-?9$%)P#(*& &#)C?'"#&0$#J*<*&;#$9#$*X&F& 
& 
  &   & F &O1L#(&V$)#"'0*&4*'#$X&;#$"%.&B$9#)#<X&/#4*'#%&51&"1&C%L*(1&'
%C%$P181DX&0#0%&51&)%L*%&$#"&F(1P#'"*)*&:$)%5&/&;%'(#D*&*&/&;1(1<*&*&'&H?$0*&(#&0$#.#
?C#$'0%C#&j*CD?(L#X&0*&)1$(%&'"#+1&/#&P1'"&01$+ã#('0?F 
!&H?$<*D#&/#51L(%&5#)J#&'1&%)%C&4?"#&?&;%'(*&*&4$%C(#"*&0$#J&H)$"0%&3&!"#$*
4$%"*)(*0&0$#J#&!*C*'D?(L#&*&=#>#$#X&%(&51&?4%"$19*%&"?$'0?&4$%)#.?X&L#&'1&)$#"*&?&/1DJ?
*&L#X&?&/#51L(*<*&'#&:$)%51DX&%9(%)*&')%5?&).#'"&[&#)C?'"?&  &H)$"0%&51&)1Q&?&L%9$%5&D1$*
4%)$#"*%&#?"%$*"1"?&/1DJ*X&51$&)*L*D%X&L#&-?9$%)P#(*&4%$?P?5?&J?L*D#&0(1/#&3#).#&*
81D?&'#D%DX&0#0%&Q1&'1&4%"?S*"*&"%D1&0$#J?&/#&4J#P0#81&8*V%)1&'"%01&H%&51&/#(*DJ*)%&*
)#S(%&"*D&)*+1X&+"%&51&H)$"0%&"10&?&#)C?'"?&*&'"*C#%&?&;%'(?&\(#P*X&L#&51&'"$#(#&0%5#&C#&51
4%D#C#.#&9*.#&)$.%&D%Q(#&L#&D?&L%)%J(%&'4$1D*&D1'"#&*&L#&C#&(#"?$*&/#&"#0%&0$#"0%
)$1D1 &`'"%5#&'1X&D1>?"*DX&(#.#/*%&?&;%'(*&L$S1Q*&'1&/#51L(%&'#&')%5*D&J?L*D#
)1$%)#"(%X&*'"%&0#%&!#(L#JX&*.*&(1CL1&?&4.#(*(#D#&*.*&?&0%D&%L&')%5*V&")$L*V&C$#L%)#&-#
51&81C%)&4%.%S#5?&"#5&P#'&9*%&91/&4$#)%C&?C.1L#&*&'(#C1&)*L*&'1&4%&"%DX&+"%&L?9$%)#P0*
"$C%)<*&'19*&L%/)%J#)#5?&'.%9%L?X&L#&D?&4$#)1&(14$*.*01&*&+"%&'#D#&Y14?9.*0#X&?&(%)1D9$?
*'"1&C%L*(1X&0$/D#&L#&D?&*'4.#"*&?%9*P#51(*&L#(#0
&`'"%5?&'?X&4$*$%L(%X&4%D#C#.*
=#>#$*&`L&&N19$?#$#& 2&C%L&4%"*P1&51L(#&!*C*'D?(L%)#&4%")$L#&/#'.?C#&`'"%5*(*V&/#
D#>#$'0?&0$?(?&*&V$*+Q#('")%X&0%51&51&'"10#%&9%$1Q*&'1&4$%"*)&H?$#0#&]1D?&51&!*C*'D?(L
4*'#%&FÈ&  &
 & &‚ &&
  F &3%'.1&"%C#&(*&-?9$%)(*0&(*51
D%C#%&*C(%$*'#"*&`'"%51&*&,&N19$?#$#& 2&$1+*%&51X&L#&D?&*'4.#"*&'"%('0*&L%V%L#0

R.*&0#%&4$#0"*P(*&J?L*&-?9$%)P#(*&'?&%'"#.*&?&)1/*&*&'#&H)$"0%D&*&7&N19$?#$#&?4?"*.*
'?&D?&51L(%&4%L?S1&4*'D%&;$#(*.*&'?&'1&%L&0$#J1)*V&"?S9*X&L#&81C%)*&%LD1"(*<*X&0%5*&'?
4%91C.*&?&-?9$%)(*0X&*'4#L#5?&*/&C$#L#&*&4.1(1&81C%)1&J?L1&R&L%L#)#.*&'?&0#%&?"1V?&/#
0$#J#&*&0#%&%4$#)L#81&/#&')%5&4%'"?4#0&%)1&/#(*DJ*)1&$1P*&FU&4$¯)%&'?&9S#(51&?"<#.1
4$L¯&'*.%D¯&?&(#+1&")$¯C51&*&'¯&)$D1(%D¯&L%P10#)¯&(#4$#)*.*&'1&0¯&')%51D?&C%'4%L*(?&'
4.¯(%D¯&$?0%D¯&*&9*.*&D¯&'.?C1&U&9%.51&51&L#&'?&¨)#D%&?"<#.*&(1C¯&(#&[C$1&*.*&?&:$¯)#"1
*.*&L$?C%*L1X&¨L¯&0?L1&9*&'1&D?P(%&C.#)1&*&*D#(¯51&)$#"*.%F

[&/1DJ*&'?&/9%C&"%C&(%)%C&C$#>#('0%C&$#"#&(#'"#.1&)$.%&"1+01&4$*.*01&O#)(#
'*C?$(%'"&4%'"#.#&51&5%+&C%$#&(1C%&4$1i&4J#P01&'?&4$1LD1"&C%"%)%&')#0%L(1)(*V&"?S9*&[
9%$9?&?.#/1&(1&'#D%&4%51L*(#&).#'"1.#X&(1C%&*&+*$1&D#'1&\#&K.#V1X&'"%P#$1&0$#J#&`'"%51X
/(#D%&L#&'?X&'#&L?9$%)#P0%C&4%L$?P5#X&(#4#L#.*&(#&J?L1&)%5)%L1&!#(L#J#&*&4$1.#/*.*&(#
'"$#(?&H)$"0%)?

`4+"?&(1'*C?$(%'"&?&/1DJ*&4%)1Q#)#.1&'?&5%+&*&"?$'01&P1"1&-?9$%)P#(*X&0%5*&'?
"$19#.*&L#&*L?&*&P1'"*"#5?&')#L9?&c?$>?&;$#(0%)*Q?X&*/)*8#)#.*&'?&'1&/#&')%51&/#0#+8181
$#L*&H?$#0#X&0%5*&'?&?C$%S#)#.*&4?"&4$10%&;%'(1
&7&N19$?#$#& 2&4*'#.*&'?&*/
-?9$%)(*0#&%'"$%C%('0%D&(#L9*'0?4?&F%&"$1Q1D&L%.#'0?&H?$#0#&?&;%'(?F&*&%&'"$#V?&*
4%D1"8*X&0%5#&51&(#'"#.#&?'.1L&"%C#
&_*"#)1& 2&C%L*(1&-?9$%)(*0&51&9*%&4?(
9%'#('0*V&91C?(#<#&*&8*V%)*V&D%.9*X&L#&*D&'1&(#&4%L$?P5?&Y14?9.*01&L#L1&'0.%(*+"#
FM%'4%L*&V.¯D¯'0%*FX&4*'#.%&'1&%"?L#&7&N19$?#$#&0(1/?&M$C?$?&T*0%.*Q?X&F/#&V¨""*&(*D¯
?C%L*"*X&/#&(*V¯&'.#"01&*&)1.*01&D%.91X&?P*(*.*&'D%&*D¯&D*.%'"¯&0%D¯&*D¯&51&(1)%.5#X&L#


 

 6
D%C?&)$#"*&'"%('<D*&')%51&9S#(*51&*&*D#(¯51&?&!"%(¯&'¯V$#(*"*F
&H?$'01&P1"1
4$1.#/*.1&'?&*/&;%'(1&*&?&-#.D#<*5?X&?&B$#5*(?X&`D*+&*&')1&L%&e*91(*0#X&L#&"#D%&"%9%S1
9$#(1&:$)%51)%&4%L$?P51X&#&?&'")#$*&L#&4J#P0#5?&*&+*$1&')%5&#0<*%(*&$#L*5
:$)%5#&51&"#&4%D%Q&H?$#0#&'4#'.#&%L&"1S*V&4%'.1L*<#&(1D*.%'"*&0$#J#&!*C*'D?(L#
e"#&)*+1X&%(&51&%L$S#%&*&')%5&4%.%S#5&*&L%9#$&L1%&')%C&L%"#L#+81C&4%'1L#&!&4%(%'%D&%(&'1
V)#.*%&-?9$%)P#(*D#&4%P1"0%D& 2&C%LX&0#0%&%L.*P(%&'"%5*X&(#+"%&D?&51&Y14?9.*0#
?4?"*.#&51L(%&)1%D#&.#'0#)%&4*'D%&[&"%D&4*'D?&%(#&51&1(1$C*P(%&%L9*5#.#&')1&C.#'%)1&0#%
L#&'4$1D#&0#0)?&#0<*5?&4$%"*)&81C%)%C&`D*+#X&4%+"%&'?&-?9$%)P#(*X&4%&'"#$%5&"$#L*<*5*
')%C&C$#L#X&FV#$(*&*&(1/#9*"(*F
&3%5#P#(&H?$<*D#&:$)%51&'1&'4$1D#%&L#&(#4#L(1&?
4$%.1Q1&"1&C%L*(1&*&!4.*"&*&D%.*%&51&=.1P#(1&L#&C#&4%D%C(?&N.%"%DX&#&0#%&<1(?&"1&4%D%Q*
(?L*%&*D&51&C$#L&`D*+&3%0?+#%&51&?&*'"%&)$1D1&*&(%)1&)1/1&'&(#4?J'0*D&L)%$%D&=.1<*
(*'?&4$*'"#.*&L#&4%D#S?Q*&:$)%5#&?>?&?&(%)1&'?0%91&'#&=#>#$*D#X&#.*&'?&*4#0&'(#9L1)#.*
V1$<1C#&%$?S51D&*&$#"(%D&%4$1D%D&`)#5&51X&D1>?"*DX&5%+&S1.1%&L#&'1&(10#0%&*/D*$*&'#
!*C*'D?(L%D&*&?&')%5*D&4$1C%)%$*D#&'#&=.1<*D#X&?&D#5?&"1&C%L*(1X&D%.*%&51&).#L?
Y14?9.*01X&L#&4%'$1L?51&?&;?L*D?&/#&81C#

H?$<*X&0%51&51&?&;%'(*&4$1L)%L*%&(10*&\10&=1.10X&(*'?&4$%L*$#.*&'#D%&?&-#.D#<*5?X
(1C%&'?&4$1.#/*.*&*&?&:$)#"'0?&R.*X&/9%C&/#4.1"#&?&d#$*C$#L?X&9*+1&'$1L*(%D&5?(#& 2
4%/)#"*&(#"$#C&F[&;%'(*&51&'#LFX&5#)J#.*&'?&-?9$%)P#(*&0$#J?&!*C*'D?(L?X&F%'"#.%&D#.%
H?$#0#&'#&0$#J1D&H)$"0%DF&\#&9%'#('01&%9.#'"*X&0#S1&'1&*/$1P(%&?&"%D&4*'D?X&L#&'?
4%0%$(1&H?$<*D#&FL#)#5?Q*&L#(#0&C%'4%L*(?&<#$?&"?$'0%D&L#&9*&'1&'#P?)#.1F&B$#J&`'"%5#
(*51&D%C#%&L#&4$1L?/D1&4$%"*)&(#4#L#P#&(*+"#&)1Q1&K%5)%L#&!#(L#JX&*&'#D&0#%&(10*&"?$'0*
4$*5#"1JX&'4#'#)#%&'1&%L&8*V&(#&"#5&(#P*(&+"%&'1&%"0?4J*)#%&)1.*0*D&L#$%)*D#


H#0)%&'"#81&?&;%'(*&(#"1$#.%&51&=#>#$1X&L#&4%0?+#5?&4%4$#)*"*&4%.%S#5&')%5&*&')%5*V
J?L*&H*D&4$1X&+"%&91V?&L%9*.*&4%?/L#(1&)1'"*&L#&U'#0&91C&?&!0%4J?&'4$1D#&(%)?&)%5'0?X
0%5#&9*&%)%C&4?"#&4$10%&;%'(1&4$%)#.*.#&L#J1&F4$1D#&/#4#L?FX&L#0.1&?&:$)#"'0?&*
-#.D#<*5?&K1Q&'$1L*(%D&5?(#&%0?4J#.#&'1&4%L&-%9%51DX&?&['%$*X&D#>#$'0#&)%5'0#X&L#&0$1(1
?&?(?"$#+8%'"&*&%P*'"*&/1DJ?&T#&)1.*0%&')%51&*/(1(#>181&=#>#$*&'?&(#+.*&%)%C&4?"#&')1
9%'#('01&)1.*0#+1&4$%"*)&'191&:$)%51&'1&91+1&(10#0%X&9#$&4$*)*L(%X&*/D*$*%&'#&!#(L#J1DX
#&')*&'1&91V?&'.%S*.*&L#&'?."#(&4%")$L*&/#&0$#J#&`'"%5?&\(#P*X&L#&51&4%4?+"#(%&'#&%91
'"$#(1&*&L#&51&H)$"0%&S$")%)#(X&L#&9*&L%+.%&L%&'4%$#/?D#&3$%D1(#&"#&)$.%&51&/(#P#5(#
!0%$%&51&'*C?$(%X&L#&51&%(#&L%+.#&%L&'"$#V#X&/9%C&%'1Q#8#&"?$'01&'(#C1X&*&%L&(1)%J1X&L#&9*&'1
/1DJ#&4%+"1L1.#&%L&(%)*V&"?$'0*V&4?'"%+18#&;%'(#&51&P1'"%&?&(?SL*&4$*/(#)#.#&).#'"
5#P1CX&L#&51&4$)%D&4$*.*0%D&/9#<*&*&4%$1P1&R.*&51&)1$%)#"(%X&*'"%&"#0%X&L#&51&4$*D#81
"?$'01&)$V%)(1&).#'"*&0%L&51L(%C&L1.#&).#'"1.1&L%+.%&'#L#&*&0#%&$1#0<*5#&D#>#$'0%D
4$*"*'0?&[&')#0%D&'.?P#5?&=#>#$*&'1&(#>%+1&?&)$.%&"1+0%5&'*"?#<*5*&`L&9%'#('01
).#'"1.1&'&8*D#&4$*'"#L1&'#D%&K.#L*'.#)&-?9$#)P*QX&C%'4%L#$&?'%$'0%C&C$#L#&B%)#P#
-$?C*X&'&H?$<*D#&/#51L(%X&0$1(?+1&4$%"*)&=#>#$#&3%P1"0%D&#)C?'"#&L%+.%&51&L%
'"$#V%)*"1&9%$91&0%L&-%9%5#X&?&0%5%5&=#>#$*&J?"%&(#'"$#L#+1&]*V%)*&J?L*&")$L*.*&'?
4%'.1X&L#&51&'#&9%'#('01&'"$#(1&9*.%&*&*/L#51&!)1&8*V%)1&)%>1X&U)#(&=%$%)*QX&U)#(&M#$#&*
3#).1&_?4%$X&4#L%+1&?&"?$'0%&$%4'")%&-?9$#)P*Q&D%$#L1&4$1L#"*&')%5&C$#LX&=%$%)*Q&*
M#$#&%'.%9%L*+1&'1&"10&4%'.1&)1.*0#&%"0?4#X&#&_?4%$#X&')%C&0$)(%C&L?+D#(*(#X&L#L1&:$)%51
/#+*"*&?&9*)%J?&0%S?&*&9#<*"*&?&;%'(?&=#>#$'0*&4%$#/&9*%&51&"%.*0*X&L#&'1&%/9*J(%
D*'.*.%&0#0%&51&4%'.1&"%C#&?&4*"#8?&(1&'#D%&C?9*"#0&8*V%)#&4$1'"*S#&?&;%'(*X&(1C%&*&?
!$9*5*&;%'#('0*&)1.*0#+*X&%'*J1(*X&*D#.*&'?&%LD#V&4%"%D&51L#(&/9%$X&(#&0%D&'?&'1
%/9*J(%&'4$1D#.*&L#&%"D?&%L&L1'4%"#&!"1)#(#&!$19$1(*<?X&0%5?&D?&91+1&?'"?4*%&0$#J
!*C*'D?(L

[&'")#$*X&%)#5&4%$#/&=#>#$#&0%L&-%9%5#& 2&/(#P*&51L#(&%L&)#S(*V&L#"?D#&*&?
8*V%)%5&*&?&9%'#('0%5&V*'"%$*5*&H?$'0*&4$1'"*S&4%'.1&"%C#&?/*D#&(1%L%J*)%C&D#V#&*&L%".1
#C$1'*)(#&[C#$'0#&9*)#&')1&)*+1&4%"*'0*)#(#&?&4%.%S#5&%L9$#(1&`L&"#L#&%(#&?&;%'(*
?%4+"1&(1D#&)*+1&4$#)%C&%N#(/*)(%C&/#D#V#&`$*51("#<*5#&9%'#('01&).#'"1.1&L%9*5#&(%)


 

 @
N$%("&[&9%$9*&4$%"*)&=#>#$#&*&0#"%.*P#('")#&%(*&'#L&'"*P?&51L(%C&'#)1/(*0#X&0%5*&51
D%Q#(&*&)%J#(&L#&?P1'")?51&?&9%$9*&H$#L*<*%(#.(#&4%.*"*0#&'.?S91(%C&(#'.#8#8#&(#
=#>#$'0?&9*)#&4%'"141(%&(#4?+"#(#&*&')#&9%'#('0#&V*'"%$*5#&4%'.1&%)%C#&/(#P*&'"#.(%
0%.19#81&*/D1>?&'"#$1&.*(*51&*&(%)*V&4?"1)#&?&/#51L(*<*&'&H?$<*D#&[&0%.*0%&).#L#$*X&*/
D(%C*V&$#/.%C#X&*&4%'.1&%)%C&"$#S1&L%L*$&*&(#'.%(&(#&;?L*DX&?&4?0?&*&0%L&D(%C1&).#'"1.1
'#$#L8#&'&H?$<*D#&4%'"#51&')1&D#81&/#/%$(#&*&'D#"$#&'1&P#0&*&0#%&4%"$19#X&L#&9*&'1
91/%9/*$(%'"&4$%"*)(*0#&.%D*.#&*&'?/9*.#
T#&L)%$?&9%'#('0%C&0$#J#X&?&!?"51'<*X&91V?&'1&%0%&A&#)C?'"#&(#+.1&')1&C.#)(*51&)%5)%L1
9%'#('01&!#(L#JX&3#).1&Y#L1(%)*QX&)%5)%L#&3#).1&Y#L*+*Q&B.1+*QX&)%5)%L#&K?0D*$
\.#"%(%'%)*QX&S?4#(&-$#C*+#&-*(*P*Q&T#&L#(&A&#)C?'"#X&)%>1(#&%L&'#D%C&0$#J#&`'"%51X&"#
51&).#'"1.#&(#&3#$1(%5&3%J#(*&0%L&!?"51'01&(#4#.#&0(1/#&3#).#&!*(#&81C%)#&31"$#&')1/#.*
'?&*&4%'.#.*&?&9.*'0*&;%9%)#<X&#&'#D%C&3#).#&'?&?9*.*&!#(L#J1)*&J?L*&-?9$%)#P0%D
4%'.#(*0?&4$#)L#%&51&!#(L#J&"#5&4%'"?4#0&"*DX&L#&51&0(1/&3#).1&F*/L#)#%&P*"#)&')1"F&*
-?9$%)(*0X&*&=#>#$'0?X&*&'#D?&;%'(?&B$#J&`'"%5#&9*%&51&?&'4%$#/?D?&'#&!#(L#J1D&*&L#)#%
51&?"*'#0&P%)10#&/#L%)%J(#&L1.%DX&0%5*&'1&4%'.1&')1C#&%'1Q#&'*C?$(*5*D&(#&')%D&4%.%S#5?
B$#J*<#&51X&D1>?"*DX&*/$#S#)#.#&L%'"#&%")%$1(%&')%5?&9%5#/#(&?&"%D&4%C.1L?X&S#.1Q*&')%C
?9*51(%C&'$%L(*0# &B$*)*<#&0(1/#&3#).#&(*51&L%)%J(%&5#'(%&?")$>1(#X&#.*&51&%P1)*L(%
L#&51&?/$%0&81C%)%5&4%C*9*5*&(10*&%4#'(*5*&'?0%9&'#&!#(L#J1D&T#D#&'1&')1&P*(*X&L#&51&4%
'$1L*&(10*&%9$#P?(&*/#&9%$91&0%L&-%9%5#X&?&0%D&51&!#(L#J&V"1%&L#&?0.%(*&3#).#&0#%
'?D8*)#&4%'$1L(*0#&?&%L(%'*D#&*/D1>?&81C#&*&:$)%5#&*.*&0#%&(14%?/L#(#&*C$#P#&?&%4#'(%5
0$*/*&?&%4$1L1J*)#8?&*/D1>?&H?$#0#&*&=#>#$#&-#&51&"#&4%C*9*5#&9*.#&4%)%L&(%)*D
"$/#)*<#D#&?&;%'(*&5#'(%&51&'#D%&4%&'19*&`91Q#)#5?Q*&'0.%(*+"1&h?9*+*&;%CL#(P*Q?&*
K?0%'#)?&3%/(#(%)*Q?&-?9$%)P#(*&'?&*D&'&4?(%&4$10%$#&C%)%$*.*i&Ff"%&)*L*"1&*&P?51"1&ã%
'1&P*(*&D1CÛ&¨)%D¯&C%'4%L%D¯F &B(1/&3#).1&51&'#V$#81(&?&K$V9%'(*X&(#&')%D&L%9$?X&(#
D1'"?&0%51&'1&*&L#(#'&/%)1&3#).%)#<
[&51'1(& 2&/#).#L#%&51&?&;%'(*X&#&'41<*5#.(%&?&:?D?X&(%)*&'"$#V&%L&H?$#0#&&(%)1D9$#
4%(?L*.#&51&Y14?9.*0#&)%5)%L*&!#(L#J?X&L#&?4?"*&?&-?9$%)(*0&')%5?&S1(?X&F#0%&%(#&V%Q1&L#
'1&'0.%(*&*'4$1L&H?$#0#F &B(1/?&=*.*+*&T*0%.*Q?&L%/)%J1(%&51&2&L1<1D9$#X&L#&L%>1&?
-?9$%)(*0&*.*&(#&8*V%)1&%"%01X&F51$¯&'1&9%*"1&¨L¯&H?$#0¯F &H?$<*&'?&'1X&?&'4%$#/?D?&'#
:$)%51DX&'4$1D#.*&*&?&3$*D%$51X&#&-?9$%)P#(*&'?&'1&(#L#.*X&L#&Q1&4%0?+#"*&+"%C%L&*
4$%"*)&8*V%)*V&(1L#)(%&L%9*51(*V&%"%0#&B#L&'?&$#L*&"%C#&(#$1L*.*&%$?S#81X&B%$P?.#(*
%L9*+1&L#&'1&%L#/%)?&4%/*)?X&(1/#L%)%J(*&L?9$%)#P0%D&#C$#$(%D&4%.*"*0%D &-%.#/#0
H?$#0#&*'0%$*'"*.*&'?&'*(%)*&?9*51(%C&0(1/#&3#).#X&31"#$&*&Y#L%'.#)&3#).%)*Q*X&L#&'4#'?
')%5?&%P1)*(?&%L&C$#91S#&*&4%L1.1X&0%5?&'?&*D&'4$1D#.*&4$%"*)(*<*&`(*&'?X&+"#&)*+1X&'#D*
4%/)#.*&H?$01&?&4%D%Q&*&'#&8*D#&L%+.*&?&:?D&'?/9*5#5?Q*&?&4$)%D&$1L?&)%5)%L?&!#(L#J#
0#%&(#5%4#'(*51C&4$%"*)(*0#&M.#)(?&)%5'0?&9$#Q1&3#).%)*Q#X&0%5#&51&L1.%)#.#&%0%&!.*)(#X&*
?&0%5%5&'?&9*.1&"?$'01&4%D%Q(1&P1"1X&)%L*.*&'?&S?4#(&c?$#>&*&!"14#(&=*.%$#L%)*Q 
H?$<*&'?&'1X&'&5#P*D&P1"#D#X&4%5#)*.*&*&4%P1"0%D&N19$?#$#& ,X&?(%'1Q*&4%(%)%&'"$#V&?
V$*+Q#('0%&'"#(%)(*+")%&:?D#&*&3$*D%$5#
[&#4$*.?& ,&?D$%&51&?&B%"%$?X&(#&K$9#8*X&)%5)%L#&:$)%51X&/#L%)%J#(&$#L*&4%91L1&0%5?&51
%L(1%&(#L&')%5*D&(14$*5#"1J*D#X&#.*&91/&'"#$%C&#4'%.?"(%C&4$1'"*S#&!#)1/&'#&H?$<*D#&9*%
51&%'?>*)#(&0%L&L%'"#&V$*+Q#('0%C&')1"#X&#&*&%L&D(%C*V&81C%)*V&4%L#(*0#&-#&9*&?P)$'"*%
')%5&4%.%S#5&9%'#('0*&0$#J&`'"%5#&?/1%&51&81C%)?&?L%)*<?&O1.1(?X&4%$1L&S*)1&4$)1&S1(1
B?5#)1X&'&0%5%D&'1&$#'"#)*%X&(#L#5?Q*&'1X&L#&Q1&4%"4?(%&%'#D*"*&')%C&4$%"*)(*0#&H)$"0#&IIX
4$*)?0#)+*&C.#)(*&L1%&:$)%51)*V&4$*'"#.*<#&(#&')%5?&'"$#(?&!#D&:$)%51)&'*(&;#.+#&9*%&51
91/&*0#0)1&)$1L(%'"*&*&)$.%&9$/%&51&*/C?9*%&*&%P1)1&"10%)*(1&*&')#0*&/(#P#5&D1>?&9%'#('0%D
).#'"1.%D&:$)%51)#&?L%)*<#&4$1L#.#&51&'#D#&')%5%5&(1.*4*Q0%5&4%$%L*<*&")$L*&`D*+
_*"#)#& , 6&C%L*(#&4$%"10.#&51&9*.%&?&$#"(*D&4$*4$1D#D#&9*.%&?&9%$9*&*/D1>?&J?"%
/#)#>1(*V&9%'#('0*V&)1.*0#+#X&#&4%'19(%&*/D1>?&!#(L#J#&:$#(*Q#&*&'*(%)#&3#).#
Y#L1(%)*Q#&F=1>?&9%'#('0*D&)1.*0#+*D#FX&4*'#.*&'?&-?9$%)P#(*&&%0"%9$#& ,&0$#J?


 

 
!*C*'D?(L?X&F).#L#&)$.%&)1.*0%&*&0$)(%&(14$*5#"1J'")%&$#L*&'D$"*&4%0%5(%C&0(1/#&3#).#F
B$#J*<*&;#$9#$*&4*'#.*&'?&L$?C%D&4$*.*0%D&F;%'(#&51&'0%$%&4%$?+1(#X&#&)1.*0#+*&*/D1>?
'191&'4$1D#5?&(#5)1Q1&*'"$19J181F &Y#/L%$&*&L?+D#('")%&*+.*&'?&D(%C%&L#J1&(1C%&*0#L
?&'?'1L(%5&!$9*5*X&(#$%P*"%&?&)1/*&'#&L$S#81D&H?$#0#&H?$<*&'?&'#D*&'.#.*&L)#&')%5#
4%'.#(*0#&L#&4%'$1L?5?&/#&D*$X&#.*&(*'?&?'41.*&/9%C&%C$%D(%C&?/#5#D(%C&(14%)1$18#&*
%D$#/1&D1>?&8*D#&K1Q*(#&51&?&/1DJ*&"$#S*.#X&L#&'1&)1S1&*&/#")%$*&'#D&0$#J&`'"%5#
U/C.1L#X&L#&51&%4#'(%'"&/#&"%&9*.#&L%'"#&)1.*0#X&51$&51&?4.#+1(*&0$#J&(%Q?X&0$*+%DX&4%91C#%
?&4$*D%$51&'#&51L(%C&/9%$#&9%'#('01&C%'4%L1X&0%5*&'1&9*%&*'0?4*%&(#&/#V"1)&"?$'0*V
4%'.#(*0# &H$0%D& 6&C%L&3#).%)*Q*&'?&?&B%(#)J?&4%"*'.*&P1"1&!#(L#J1)1X&P*"#)%
'?&D?&4%L$?P51&4%4#.*.*&*&%4J#P0#.*&*&/#L$S#.*&?&')%5%5&).#'"*&T14$*5#"1J'")#&(*'?
4$1'"#5#.#&,&#)C?'"#& 6&4%(#)J#.*&'?&-?9$%)P#(*&D#>#$'0%D&0$#J?&L#&51&F9%'#('0#
0$#J1)*(#&?&?%9*P#51(%5&*&)1.*0%5&(1'.%/*F
&-%&4$1L&0$#5& @&C%L&P*(*&'1&L#&51
!#(L#J&9*%&'"#.(%&?&"1+0%D&4%.%S#5?&*&%/9*J(%&?C$%S1(&%L&3#).%)*Q#&UD#&51L(#&4%)1J#
`'"%5*(#&*/L#"#& 6&9$#Q*&K?0P*Q*D#&*/&4%$%L*<1&Y#L*)%51)*Q#X&FÈ&&
& &



&† F &[&"%5&4%)1J*&4$)*&51&')1L%0&)%5)%L#&31"#$&3#).%)*QX&#&?&0$#J1)%5


')*"*&(*0#0%&(1D#&!#(L#J#&K#(&'?D81&51X&L#&'1&"#5&4%L#"#0&*/&4%)1J1&%L(%'*&(#&#0<*5?X&0%5?
'?&3#).%)*Q*X&4%D#C#(*&%L&0$#J#&*&4%$%L*<1&Y#L*)%51)*Q#X&9*.*&0$1(?.*&?&:?D?&4$%"*)
!#(L#J#&*X&0#0%&)*L1'D%X&51L(%&)$1D1&?&8%5&*D#.*&?'41V#&`'"%5#X&4$1)$"J*)X&L#&9*&%P?)#%
).#'"X&9*%&'1&'#L&%9$(?%&*&4$%"*)&!#(L#J#X&0#%&$#(*51&4$%"*)&:$)%5#&*&3#).#X&*&*/D*$*%&'1
'#&3#).%)*Q*D#X&0%5*&'?&/#&%P1)?&'D$"&*4#0&C.#)(?&0$*)*<?&9#<#.*&(#&V?D'0%C&)%5)%L?&B#%
9%$#<&*&4%91L(*0&?&"%5&9%$9*&`'"%5#&'1&*&?&4$%.1Q1& 6&C%L&*&?&D#$"?& @&(#.#/*%&?
;*+Q?X&?&'$1L*+"?&!#(L#J1)1&L$S#)1X&CL1&51&?0*(?%&(101&<#$*(1&4%'"#)J1(1&'#D%)%J(%&%L
M$C?$#&T*0%.*Q# 
U/&(14$*.*01&'1&!#(L#J&'4#'#%&?&C.#)(%D&(#&"#5&(#P*(X&+"%&51&4$*/(#%&)$V%)(?&).#'"&"?$'0?
*&"#0%&*/91C#%&"?$'0%&$#"%)#81&4$%"*)&'191&!&51'1(*& @&/(#.%&'1&?&-?9$%)(*0?X&%0%&7
'14"1D9$#X&/#&L%.#/#0&H?$#0#&?&;%'(?X&#&?&%0"%9$?&%)*&'?&)1Q&9*.*&?&/1DJ*&[&*'"%&)$1D1
4#L#&*&!#(L#J1)#&$1V#9*.*"#<*5#&`0"%9$#&A&$1+#)#&-?9$%)#P0#&Y14?9.*0#X&L#&D?&'1
4%+#J1&51L#(&4.1D*Q&'#&4%0.%(*D#&?&)$1L(%'"*&L%&27&L?0#"#X&+"%&51&%P*"&/(#0X&L#&51
!#(L#J&L%+#%&4%(%)%&L%&'"#$%C&/(#P#5# &\(#&'1&?/&"%X&L#&51&!#(L#J?&4%D#C#%&*&;#.+#
;#.+*QX&81C%)&4#'"%$#0X&*&L#&51&!#(L#J&'&8*D&)%L*%&?'41+(1&9%$91&4$%"*)&3#).%)*Q#&[
')#0%D&'.?P#5?&%(&51&"1&51'1(*&)#S*%&4%(%)%&?&')%5%5&%9.#'"*&0#%&(1'?D8*)&C%'4%L#$
H1&51'1(*X&4%&')%5&4$*.*<*&(%)1D9$#&D1'1<#X&?D$%&51&*&0$#J&`'"%5# &T#'.1L*%&C#&51&'*(
!"14#(X&/)#(&%4Q1(*"%&!"14#(&`'"%5*Q&`'"%5*(&?C.1L&9*%&51&?&4%'.1L81&)$1D1&/(#"(%&%4#%X
(#$%P*"%&4%'.1&%(%C&91C#&'#&/9%$#&9%'#('01&C%'4%L1&,&#4$*.#& @&4*'#.*&'?&-?9$%)P#(*
0(1/?&M$C?$?&T*0%.*Q?X&0#0%&)*L1&L#&P#0&*&%(&V%Q1&9*"*&F?&)'1D¯&'?4$%")¯&C%'4%L*(?
0$#.ÛF 
U&'*(&`'"%5*(X&0$#J&!"14#(X&(#'"#)*%&51&(14$*5#"1J'0?&4%.*"*0?&')%C&%<#&4$1D#&!#(L#J?
[&81C%)%5&4%)1J*&-?9$%)P#(*D#&%L&2&D#$"#& X&0%5%D&*D&51&4%")$L*%&$#(*51&L#(1
4%).#'"*<1X&D1>?&')1L%<*D#&(#&4$)%D&51&D1'"?&31"#$&3#).%)*QX&L%0&!#(L#J#&?%4+"1
(1D# &=.#L*&!"14#(&9*%&51&4.#V%)*"&*&L%'"#&(14$%D*+J1(&-?9$%)#P0*&*/)1+"#5*
C%)%$1X&0#0%&51&%(X&(1)1+"%&#&D.#L*Q0*&9$/%X&0$1(?%&4*"#81&%&/1DJ*+"?X&0%51&51&9*.%&?
3$*D%$5?&?'"?4J1(%&Y14?9.*<*&*&"$#S*%&L#&C#&L%9*51&(#"$#Ci&0#0%&51&C%)%$*%&L#&%(&V%Q1&L#
9?L1&4?(&(#'.1L(*0&:$)%51)X&51$&"%&+"%&51&:$)%51&*D#%&9*.#&51&?&'")#$*&')%5*(#&9%'#('0%C
0$#J#i&$#'4*"*)#%&'1X&0#0%&D%S1&(#5.#0+1&L#&(#4#L(1&*&?/D1&!"%( &[&-?9$%)(*0&51&9*.%
L%'"#)J1(%X&L#&51&D.#L%C&0$#J#&4$%"*)&8*V&4%L9#L#%&8*V%)&/1DJ#0&=*V#*.%&B#9%C#X&'"#$*
"?$'0*&4$*5#"1J&B$#J&51&P*"#)%&)$1D1&(#C.#+#)#%X&L#&81C%)*&4$1"V%L(*<*X&*&`'"%5#&*
:$)%51X&(*'?&D%C.*&?'"?4*"*&(*+"#&Y14?9.*<*X&51$&"%&(*51&9*.%&8*V%)%X&(1C%&9%'#('01
0$?(1&Y#/?DJ*)%&51X&L#&51&')%5%5&D#5<*&B?5#)*&)$#"*%&'#)&?C.1L&*&'#&4?(%D&P#+Q?&L%)1%&51&(#
L)%$X&#.*&51X&*/C.1L#X&4$1"1$*)#%&?&%L(%'*D#&4$1D#&D#Q1V*&[&-?9$%)(*0&51&9*.#&L%4$.#&)1'"X
L#&51&0$#J*<#&O1.1(#&9*.#&P#0&9#P1(#&?&/#")%$ 


 

 A7
K%5)%L#&!#(L#J&)%L*%&51&/#&"%&)$1D1&4$1C%)%$1&'&-?9$%)(*0%DX&L#&*D&4$%L#&')%5?&4%.%)*(?
B%(#)J#&Y#(*51&%&"%D&(*51&V"1%&(*+"#&L#&P?51X&51$&51&4$10%&B%(#)J#&V"1%&%L$S#)#"*&)1/1&'#
B%"%$%D&*&*D#"*&')%5&*/.#/&(#&D%$1&!#L#X&4%'.1&%)%C&$#"#X&4%4#J1(%&*&%4?'"%+1(%&B%(#)J1
(*51&D?&)*+1&*D#.%&%(#5&/(#P#5&0#%&$#(*51&`'*D&"%C#X&%(&'1&9*%&?&$#"%)#8?&/(#"(%&*'"$%+*%
*&4$%L#5#&B%(#)J#&*D#.#&51&L#&4%4$#)*&81C%)1&N*(#('*51&H*D&4$1X&+"%&$#"&'&3#).%)*Q*D#
5%+&(*51&9*%&/#)$+1(&*&+"%&'?&(14$*5#"1J'")#&"$#5#.#&5%+&*&P*"#)1& &C%L&-?9$%)P#(*&'?
$#L%&4$*'"#5#.*&L#&L#L?&4$*.*P(?&'?D?&/#&B%(#)J1X&51$&'?&9*.*&C.#L(*&/1DJ1&*&%L#)(%&'?
S1.1.*&L#&4$%+*$1&C$#(*<?&')%C&?'0%C&/1DJ*+"#&B%(#)J1&*D&51&*D#.#&9*"*&%+"1"#X&+"%&'?X
4%&(#$1L9*&0$#J#&!*C*'D?(L#X&D%$#.*&)$#"*"*&%(#&"$*&%"%0#&;$#PX&:)#$&*&B%$P?.?&E 6G
[&*'"%&)$1D1&0#L&*&'#&!#(L#J1D&-?9$%)P#(*&'?&4$1C%)#$#.*&*&'#&31"$%D&3#).%)*Q1DX&0%5*
51&'&9$#"%D&L$S#%&L$?C?&4%.%)*(?&"1&S?41X&(#.#/1Q*&L#&9*X&?&"%&)$1D1&'4%$#X&9*.%&(#5.#0+1
L%9*"*&4$*'"#(#0&/#&%"?>*)#81&R.*&4$1C%)%$*&'#&31"$%D&(*'?&*D#.*&?'41V#&B%.*0%&51
-?9$%)P#(*D#&9*.%&'"#.%&L#&L%>?&L%&B%(#)J#&)*L*&'1&(#59%J1&4%&"%DX&+"%&'?&&D#5#& 
$1+*.*X&L#&!#(L#J1)&L1%&0?41&91/&%9/*$#&(#&31"$#&*&L#&P#0&1)1("?#.(*&(14$*'"#(#0&0$#J1)
(*51&'D1"8#&/#&4#/#$& &5?(#& &')%5%D&4%)1J%DX&*/L#(%D&(#&!"14#(?&3%J?&4%L&C$#L%D
!%0%.%DX&?'"?4*%&51&)%5)%L#&!#(L#J&-?9$%)(*0?&')%5?&4%.%)*(?&B%(#)J#&'#&K*"#J*(%D&*
-%8%D&M%$%D&\#&"%&?'"?4#81&%(&51&L%9*%&%0%&A7777&41$41$#X&51L(?&4#.#P?&?&-?9$%)(*0?X
51L(%&L%9$%&?&L?9$%)#P0%5&j?4*&*&277&41$41$#&C%L*+81C&L%V%"0#&3%)$V&"%C#&4$*DJ1(*&'?
!#(L#J&*&81C%)#&9$#Q#&'#&4%$%L*<%D&D1>?&L?9$%)#P0?&).#'"1.?X&F/#&4%P"1(1&).#'"1.1&*
)10(*01&C$#L#&(#+1C%&-?9$%)(*0#&0%.*0%&1L#(¯&(#'¯&).#'"1¨F &R.*&'"#(%)(*<*&B%(#)J#
(*'?&V"1.*&L#&4$*D1&L?9$%)#P0?&).#'"X&?&C.#)(%D&$#L*&(%)%C&#C$#$(%C&4%$1"0#X&0%5*&'?
-?9$%)P#(*&V"1.*&L#&?)1L?&*&0%5*&51&"1+0%&4%C#>#%&D#.?&).#'"1.?&['"#(#0&'1&(*51&L#%&.#0%
L#&'D*$*X&*#0%&51&'#D&!#(L#J&.*P(%&*+#%&?B%(#)J1&L#&'"*+#)#&J?L1&-%0&'1&4*"#81&%&"%D
0#0%&L#&'1&J?L*&'D*$1&%'"#)J#.%&*/)1'(%&)$1D1&L#&*/C?9*&%+"$*(?X&4$1L?/1.*&'?
-?9$%)P#(*&0%$#01&0%L&9%'#('0%C&0$#J#X&L#&*D&*&%(&%L%9$*&0?4%)*(?&S?41&]1C%)#&L%/)%.#
L%9*51(#&51X&4%'.1&L?S*V&4$1C%)%$#X& &L1<1D9$#&*'"1&C%L*(1X&#.*&(1&/#&'#D&!#(L#J1)&L1%X
(1C%&/#&<1.%&B%(#)J1&-?9$%)P#(*&'?&D?&%91Q#.*&/#&"?&4%")$L?&L#)#"*&C%L*+81&4%&277
41$41$#i&#.*&F?&0%51&C%L1&9*&)$D1&"?*&$1P1(?&S?4?&0%(#)#%'0?&*&!%0%.¯&(#D¯&$#"¯&9$#(*.#
0$#.1)¯'")#&9%'#('0%C#&*&(1C%)1V¯&)1.¯D%S¯X&L#&D*$¯(%&*&'.%9%L(%&(1&9?L1D%&D%0*&?S*)#"*
*&C%'4%L%)#"*&$1P1(?&S?4?&0%(#)#%'0?&*&C$#L¯&!%0%.¯X&L#&/#&"%*&)$D1&(1&*D#D%&4.#"*"*&(*
L*(#$#F


3%P1"0%D& 7&?4#.*&'?&H?$<*&4%(%)%&?&;%'(?i&%)%C#&4?"#&?&L%C%)%$?&'#&)%5)%L%D
!#(L#J1D&M$#>#('0*&$#"&?&/1DJ*&5%+&51&"$#5#%&*&!#(L#J&51X&')#0#0%X&9*%&?&(1D%C?Q(%'"*&L#
'#D&'#).#L#&')%51&4$%"*)(*01X&0%5*&'?&9*.*&%C%$P1(*&#&0%5*V&(*51&9*.%&D#.%&*&(1&91/&5#0*V
)1/#&B$#J&!"14#(&51&9*%&*&%'"#%&4$%"*)&81C#&!&0$#J1D&'?&9*.*&*&9$#Q#&Y#L*)%51)*Q*X&#.*
'?&?&9%$9#D#&'#&!#(L#J1D&*D#.*&.%+?&'$1Q? &U&%41"&51&"?$'0*&L%.#/#0&/(#P*%&%4+"*
'"$#V&*&4%D1"8?& &N19$?#$#& 7&9*.%&51&?&-?9$%)(*0?&L%/)%J1(%X&L#&'1&'"%0#&0$#J#
9%'#('0%C&'#&81C%)*D&P1.(*0%D&*&4#'"*$*D#&D%S1&'0.%(*"*&?&!"%(&U'"%&51&"#0%&/#0J?P1(%
,&N19$?#$#&/#&P1.(*0#X&4#'"*$1&*&'"%0?&)%5)%L1&31"$#&3%$%L*<#&M$C?$#&T*0%.*Q#&'0.%(*.#
'1&?&!"%(X&#&Y#L*P#&3#+"$%)*Q#&?&-?9$%)(*0 &,&N19$?#$#&%LC%)#$#.*&'?&-?9$%)P#(*
51L(%D&'?'1L?X&0%5*&'1&"?S*%X&0#0%&'?&FH?$<*&D(%C%&/.#&'¯L1&?P*(*.*&')L1&4$*+#L¯&?&;%'(?F
*&0%5*&51&4*"#%X&L#&.*&'1&)%5)%L#&31"#$&D%S1X&?&'.?P#5?&4%"$191X&'0.%(*"*&?&-?9$%)(*0X&0#0%
F-?9$%)(*0¯&)¯/L#&¨")%$1(¯&9*.¯&*&51'"¯&"0%&C#&(0%D¯&/.%0%D¯&'19&(1&9?L1
*/¯C?9*.¯F&\#(*DJ*)%&51X&L#&-?9$%)P#(*&*4#0&(*'?&L%/)%.*.*&9%'#('0%D&0$#J?&*/)%/
%$?S5#&*/&')%C&C$#L#

H1+0#&/#)#L#&9%'#('01&C%'4%L1X&0%5#&'?&?&?/#5#D(%5&D$S8*X&L#&'#D%&'#"$?&51L#(&L$?C%C#X
4%L?/*D#.#&')1&D%C?Q1&D1$1&(1&4$1/#5?Q*&L#&/%)?&?&4%D%Q&0%C#&9*.%X&4#&P#0X&4$1D#&%4+"*D
'V)#"#8*D#X&*&(14$*5#"1J1&<1.%C&V$*+Q#('0%C&')1"#X&/#9$*8#)#.#&51&')1&8*V%)1&'?'1L1
T#$%P*"%&-?9$%)(*0&[&"%5&D#.%5&Y14?9.*<*&')1'"&%&L$S#)*&*&%&)*+*D&*("1$1'*D#
L$?+")1(1&/#51L(*<1&9*.#&51&)$.%&)*'%0%&$#/)*51(#X&#&0#%&4%'D#"$#P*&4$*.*0#&?&;%'(*&%(*&'?


 

 A
"#P(%&)*L1.*X&L#&')1&%)%&+"%&'1&"#D%&$#L*&(14%'$1L(%&)%L*&L$S#)(%D&$#'?.?&W?L*X
*("1$1'*&*&91'&4%51L*(1&).#'"1.1&(*'?&/(#.*&/#&C$#(*<1&L%/)%J1(%CX&(*"*&51&9*.%&%9/*$#X
4$10%&0%5*V&%(*&(1&9*&4$1+.*&-?9$%)P#(*D#&'1&P*(*.%X&L#&51&8*V%)#&D%$#.(#&L?S(%'"X
4%$1L&"%C#&+"%&51&"%&9*%&*&8*V%)&"$C%)#P0*&*("1$1'X&L#&?4%/%$1&9%'#('0?&C%'4%L?&(#
%4#'(%'"&?&0%5?&'$J#5?&*&L#&4%'$1L?5?&/#&D*$&`(*&'&"%C#&+#J?&4%'.#(*01&*&0$#J?&*&)%5)%L*
31"$?&*&)%5)%L*&!#(L#J?i&*&P*"#)#&D#$"#& 7&'#D%&4$1C%)#$#5?&(#&')1&'"$#(1&R.*&(*'?
?'41.*&B$#51D&D#$"#&L%+.%&51&L%&51L(1&9%$91X&?&0%5%5&51&4%C*(?%&)%5)%L#&31"#$&[/
!#(L#J1)?&)%5'0?&*+.*&'?&*&H?$<*&4%L&)%>'")%D&'#D%C&U'#091C#i&!#(L#J&%)%D&*&4$*4*'?51
31"$%)?&4%C*9*5?&H#5&D%D1(#"&?P*(*%&'1&-?9$%)P#(*D#&0#%&)$.%&4%C%L#(X&L#&4%'41+1
4$1C%)%$1&%&D*$?&B#L&51&4#%&51L#(&%L&(#5J?Q*V&4$%"*)(*0#&!#(L#J1)*V&8*D#&'1&P*(*.%X&L#
(1Q1&9*"*&"1+0%&4$*)%.1"*&%'"#.1X&L#&(#>?&(#P*(&/#&'4%$#/?D&`(*&'1&'&"%C#&?&4$)%D&$1L?
%9$#Q#5?&(#&0$#J#&*&0$#J*<?&D#50?X&L#&9?L?&#0"*)(*5*&R.*&(*&"1&4%$?01&(1D#5?&?'41V#&B#%
4%91L(*0&!#(L#J&*'0%$*+Q#)#&4%C*9*5?&3#).%)*Q#&*&?4#L#&?&B%(#)J1X&CL1&L?S1&)$1D1(#X
4%D#C#(&%L&-?9$%)#P01&Y14?9.*01X&%4'1L#&*&?/*D#&")$L*&C$#L&!%0%&[/1)+*&C#X&%(&A7
D#5#&4*+1&0#0%&%(%X&+"%&51&4$1&9*.%&3#).%)*Q1)%&F'&D*.%'"*Û&*&L#$%D¯&9%S*D¯&*&)1.*0%C#
<#$#&'?."#(#&=1V%D1"¯&91C#&4$*L1&?&(#+1&$?01F&-?9$%)P#(*&'?&4%D#C#.*&!#(L#J#&?
L%9*5#8?&!%0%.#&*&B%(#)J#&'&"%C#X&+"%&*D&51&L#%&%91Q#81&*&4%)1J?X&L#&*D&4$%L#51&*&L$?C?
4%.%)*(?&"1&S?41&=1>?"*DX&L%0&51&!#(L#JX&C%81(&D$S8%D&*&%')1"%DX&"#0%&91'(1%&4$%"*)
3#).%)*Q#X&?'41.%&51&=.1P#(*D#&L#&L%9*5?&B%"%$&4%L&')%5?&).#'"&E2&5?.#G&*&L#&C#&/#L$S1
(10%.*01&'"%"*(1&C%L*(#
!&4#L%D&)%5)%L1&31"$#&*&!#(L#J1)%D&4%91L%D&9*%&51&4%"*'(?"&*&0$#J&!"14#(&T#D1'(*0
'0%4J#('0*X&U'#0X&0%5*&51&)%L*%&')1&"?$'01&4%'.%)1&(#&/#4#L?X&L%+#%&51&9*%&?&;%'(?&/#&)$1D1
%)*V&9%$9*&*&?&'4%$#/?D?&'#&!#(L#J1D&4%L*C#%&51&4%(%)%&H)$"0#&IIX&0%5*&51&L%".1X&*#0%&51
S*)1%&?&;%'(*&4?(*V&41"&C%L*(#X&9*%&91/&*0#0)1&/(#"(*51&4%.*"*P01&?.%C1&`L&D#5#& 7&%(
'1&5#)J#&4%(%)%&0#%&'")#$(*&0$#J&;%'(1&-?9$%)P#(*&4%P*8?&L#&D?&+#J?&4%0.%(1&*&4.#Q#5?
4%'.1&D#.%&?'"1/#8#&?%9*P#51(1&L%V%"01&*&L#&'1&%9$#Q#5?&'#D%&81D?&0#%&/#0%(*"%D
C%'4%L#$?&`L&81C#&'?&,&#)C?'"#&"$#S*.*&*&L%9*.*&*&4%")$L?&/#&?'"?4J1(%&B%(#)J1&'#
C$#L%D&!%0%.%D&R.*&0#%&%4$1/(*&J?L*&%(*&(*'?&4$10*L#.*&)1/#&(*&'#&0$#J1D&!"14#(%DX
0%5*&'1&5#)J#&$1>1X&'#D%&'&)$1D1(#&(#&)$1D1&=.1P#(*&'?X&D1>?"*DX&?+.*&?&4$1C%)%$1&'&8*D&%
'#)1/?&4$%"*)&T1.*4*Q#&*&%&(1L#)#8?&4%D%Q*&'&D%$'01&'"$#(1&0$#J1)*D&(14$*5#"1J*D#X
D1>?&0%51&'?X&(#$#)(%X&$#P?(#.*&*&H?$01
B#%&(#'.1L(*0&)%5)%L1&31"$#&*'"*P1&'1&81C%)&D.#>*&9$#"&)%5)%L#&Y#L%'#)&3#).%)*QX&51L#(&%L
(#54%LD?0.*5*V&*&(#5<*(*P(*5*V&J?L*&(#+1&V*'"%$*51X&0%5*&(*0#L&?&S*)%"?&(*51&*D#%&(*+"#
L$?C%&4$1L&%P*D#&L%&'#D%&')%51&4$%V"1)1&*&.*P(*&Q#$ &`(&51&L%9$%&)*L1%X&L#&'1&4$1D#
!#(L#J?&(1&D%S1&%L$S#"*&?&9%$9*&*&'&"%C#&D?&51X&4$10%&-?9$%)(*0#X&4%(?L*%&D*$&]1C%)*
J?L*&%91Q#)#.*&'?&?&C$#L?&!)&K.#V#&')1&D%C?Q1X&#0%&Y14?9.*<*&?'41&L#&C#&*/D*$*&'#
!#(L#J1D&A&(%)1D9$#&*/L#%&51&P#0&*&4%)1J?X&0%5%D&4$*/(#51&?'"?4#81&!#(L#J1)#&L1.#
0%(#)%'01&S?41&R.*&0#L&4$1C%)%$*&'#&!#(L#J1D&(1&L%(1'%+1&4%)%J(1&$1/?."#"1X&%(&4%$1P1
')%5#&%91Q#8#&-?9$%)(*0?X&(#&)1.*0%&*/(1(#>181&Y14?9.*01&F`L¯&0%.*&51&')"¯&4%'"#.¯&(
'1&"%.*0%&'.?P*.%&(*&P?.%&(*&)*L.%X&L#&51&*51L#(¯&C%'4%L*(¯&/1D.¯(*&')%Û&$P¯&*&')%Û
4%'#.¯9*(?&*&')%1&41P#"*&4%")%$*.¯F
&=#.%&4%'.1X&9%51Q*&'1&L#&-?9$%)P#(*&(1&%D1"?
81C%)&'4%$#/?D&'#&!#(L#J1DX&%(&'1&*/D*$*%&'&8*D#X&4%(%)*%&%91Q#8#&*&4%0#/*)#%&(#59%J?
)%J?&L#&4%'"#(1&L%9#$&'?'1L&-%'0%$%X&L%*'"#X&L%+.%&51&L%&*/D*$18#&*/D1>?&!#(L#J#&*
Y#L%'.#)#&@&#4$*.#& &?D$%&51&!#(L#J1)&4#'"%$#0&;#.+#&91/&D?+0*V&(#'.1L(*0#X
%'"#)*)+*&\1"?&')%D&?5#0?&L1'4%"?&!"1)#(?&;#.+#&'1X&9#+&4$1L&'D$"X&4%(%)%&/#4.1%&?&$#"&'#
=.1P*Q*D#X&0%5*&'?&4%0#/*)#.*&)1.*01&4$%V"1)1&L#&/#C%'4%L#$1&')*D#&C.#)(*5*D&D1'"*D#&(#
3$*D%$5? &!#(L#J&51&/(#%X&L#&Q1&;#.+*(#&'D$"&L#"*&4%)%L#&(%)*D&/#4.1"*D#&*&'&"%C#&51X
L#&9*&L%9*%&'.%9%L(1&$?01X&4$*'"#%&(#&D*$&'#&Y#L%'.#)%D
B#L&51&0$#51D& &C%LX&4%'$1L%)#81D&!#(L#J1)*DX&L%+.%&L%&D*$#&*/D1>?&=.1"#0#&*
;#.+1&;#.+*Q#&D%C.%&'1&(#L#"*&L#&Q1&'1&'D*$*"*&*&4*"#81&B%"%$#&R.*&'1&"%&(*51&L%C%L*.%
=.1P#(*&'?&'"#.(%&9?+0#.*&?&"%D&C$#L?X&CL1&'?&D1>?&4.1D'")%D&*D#.*&L%'"#&4$*'"#.*<#


 

 A
!#(L#J&51&"$#S*%&%L&B%"%$#(#&777&L?0#"#X&0%51&D?&%(*&(*'?&D%C.*&L#"*&-#&9*&9*.*
/#+"*Q1(*&%L&81C%)1&%')1"1&%(*&'?&'1&  &C%L&4%(?L*.*&4%(%)%&=.1P#(*D#&!#(L#J&51X
D1>?"*DX&S1.1%&L#&L*C(1&4$*)$1L(*&/(#P#5&"%C&C$#L#&`(&51X&(#&4$*D1$X&"$#S*%&%L&')%5*V
J?L*&L#&(#9#)J#5?&'%&'#D%&%L#".1X&+"%&51&?&-?9$%)(*0?&*/#/)#.%&*&'"$#VX&*&S#.91X&*&D(%C1
'4.1"01&[&*'"%&)$1D1&!#(L#J&51&9*%&*&)$.%&'"$%C&T10%.*0%&(1)1$(*V&B%"%$#(#X&0%5*&'?&D?
4#.*&?&$?01X&C%L*(#D#&51&L$S#%&?&"#D(*<*X&(10%&)$1D1&'#&%0%)*D#&*&(#&(%C#D#&*&(#&$?0#D#
B#L&'?&=.1P#(*& 7&C%L&?/1.*&B%"%$X&*'0%$*'"*)+*&!#(L#J1)1&(1)%J1&(#&L%D?X&%(&51
4$%"1'"%)#%&*&"$#S*%&L#&D?&'1&C$#L&)$#"*&=.1P#(*&'?&D?&%LC%)#$#.*&)$.%&J?9#/(%&#.*
5#'(%X&L#&C$#L&%'"#51&?&8*V%)*D&$?0#D#i&#.*&L%0&51&8*V%)&L#&C#&!#(L#J&D%S1&'D#"$#"*&*&0#%
')%5
-?9$%)P#(*&'?&?&4%C.1L?&L#)(%&S1J1(%C&B%(#)J#&*D#.*&L%'"#&(1/C%L#&H?$<*&(*'?&9*.*
/#L%)%J(*X&+"%&51&!#(L#J&?'"?4*%&Y14?9.*<*X&0#%&C$#L?&4%L&D#>#$'0%D&)$V%)(%D&).#+Q?X
")$>#)?&!%0%&*&"$#S*.*&'?&L#&51&?/D1&(#"$#C&U&!#(L#J&*&Y14?9.*0#&D%$#.*&'?&'1&4%0%$*"*
"%D1&/#V"1)?&*&&L1<1D9$#& 7&)$#Q1(&51&C$#L&!#(L#J1)%5&)%5'<* &!#D&3#).%)*Q1)&L1%
B%(#)J#&-?9$%)P#(*&(*'?&(*0#0%&L%9*.*&?&4%'1LX&4%+"%&C#&51&)%5)%L#&Y#L%'.#)&P)$'"%
L$S#%&*X&4%$1L&')*V&4$1C%)%$#&*&%91Q#8#X&(*51&*'4?+"#%&*/&$?0?&`(&51X&*'"*(#X&*/5#)J*)#%
L#&C#&V%Q1&*&S1.*&4$%L#"*X&#.*&51&/#&8&'"#.(%&41%&<1(?&*&L?C%&(*51&D%C#%&L#&'1&$1+*&L#
'0.%4*&L1N*(*"*)(?&4$%L#5?
B#L&51&)%5)%L#&Y#L%'.#)&4$*+#%&!#(L#J?&*&"$#S*%&*/D*$181&'&8*D&%'"#%&51&0$#J&!"14#(
`'"%5*Q&91/&')%C&C.#)(%C&4%D#C#P#&]1C%)&4%.%S#5&4%'"#%&51X&?'.1L&"%C#X&)$.%&"1S#0&*&%(&'1X
L%*'"#X&C%"%)%&4%"4?(%&C?9*&*/&5#)(%C&S*)%"#X&L%0&(#'0%$%X& &C%LX&(*51&D*'"1$*%/(%
*+P1/#%&=#5<*&81C%)%5X&0$#J*<*&B?5#)*X&0$#51D&#4$*.#& X&L#5?&-?9$%)P#(*&4%0.%(&%L
,7&41$41$#&*&4$14%$?P?5?&51&!#(L#J?&*&\.#"%(%'%)*Q?X&%P1)*L(%&0#%&S1(?&0%5#&/#'.?S?51
(1+"%&D*.%'"*&*&4#S81
H)$"0%&IIX&0#%&"?$'0*&P%)10&*&4%D#C#(&(#$%P*"%&%L&!#(L#J#&*&?'%$'01&).#'"1.1
\.#"%(%'%)*Q#X&0$?(*'#%&'1&0$#51D&#)C?'"#& &\#&"?&4$*.*0?&-?9$%)P#(*&'?&D?&4%'.#.*
4%0.%(&?&')*"*X&?&)$1L(%'"*&%L&627&41$41$#&@&#)C?'"#&L%9*.*&'?&-?9$%)P#(*&%L&81C#&?
=*.%L$#S?&4%")$L?&')*V&')%5*V&$#(*5*V&4%).#'"*<#&H%D&4$*.*0%D&4*'#%&51&H)$"0%X&0#0%
F4%)1.*(*1D¯&#&'?L%D¯&9%S*D¯&4$*1D¯&L$¯S#)?&0$#.1)¯'")#&*&'*L1&(#&4$*'"%&0$#.1)¯'")#
0#0%&<#$¯&*&).#L*0#&)'1D?&'"1S#(*Û&')1"V¯&D%*V¯&4$#$%L*"1.¯F&-#(#'&/(#D%X&L#&'1
H)$"0%&L?C%&.%D*%&L#&4%"4*+1&"1&4%).#'"*<1X&(1&/#9%$#)J#5?Q*&(14#S8?&Y14?9.*01&4$1D#
'19*X&0#L&51&9*%&'$?+1(&'&).#'"*X&*&L#&51&"$19#.%&L%'"#&(#C%)#$#8#&%L&!#(L#J#&*&0(1/#
K?0D*$#&\.#"%(%'%)*Q#X&L%0&51&"%&?P*(*%&-#&9?L1&?/L$SJ*)&4$1D#&-?9$%)P#(*D#&0$#J
51&*D#%&*&L$?C*V&$#/.%C#&=.1"#P0#&Y14?9.*0#&4%'.#.#&51&9*.#&(#&9%'#('0*&L)%$&51L(%C&')%C
*/#'.#(*0#X&0%5*&51&"#D%&/#&L?C%&)$1D1(#&?4%"$19J#)#%&')?&')%5?&)1+"*(?&*&$1P*"%'"X&L#
4%L5#$*&0$#J#&H)$"0#&4$%"*)&D#.1&Y14?9.*01&`(X&*'"*(#X&(*51&4%'"*C#%&')1&+"%&51
S1.1%X&#.*&'?&81C%)1&$1P*&*4#0&%'"#)*.1&*/)1'"#(&?"*'#0&(#&0$#J#
`)#&D.1"#P0#&*("$*C#&9*.#&51&4$*.*P(%&/9?(*.#&*&?4.#+*.#&-?9$%)P#(1&`(*&C.1L#5?&(#&')1
'"$#(1&L#&51&4#$#.*+?&9%C#"*D&4%0.%(*D#&B$#J?&H)$"0?&+#J1&'1&4%'19(%&4%'.#('")%&'#
L#$%)*D#&%L&627&41$41$#&*&'#&$#/(*D&4%(?L#D#&?&'.#"0*+*D#&*&'#&$*9%D&?&>1.#"*(*
3%'.#(*<*&'?&*D#.*&*&L#&4%/%)?&0$#J#&?&C%'"1&?&-?9$%)(*0X&CL1&Q1&9*"*&?'$L(%&L%P10#(&0#%
*&81C%)*&4$1"+#'(*<*&H$19#.%&51&(#$%P*"%&'0$1"#"*&4#S8?&(#&(14%'"%5#(%'"&D.1"#P0%C
4$*5#"1J'")#&\#$&(*'?&%(*&D1>?&4$)*D#&'"#)*.*&$?0?&(#&(10#L#+81&:$)%51)1&4%'1L1X
?/1)+*&!4.*"&*&(10#&L$?C#&D1'"#“&f(%X&0#0%&'?&'1&4%(#+#.*&/#&;#.+*(#&S*)%"#&?&\1"*&*&'#L
4%'.1&81C%)1&'D$"*X&0#L&'?&4%S?$*.*&L#&%+"1"1&L1'4%"%)%&(#'.1L'")%&!#(L#J?&'?
(#4%D1(?.*&?/*D#81&B%"%$#&*&5%+&L$?C1&4$*D1$1&F`(*&?.#/1&0#%&.*'*<1X&#&).#L#5?&0#%&.#)F
-#&/#L%)%J1&%)%CX&"#L&?&;%'(*&(#5?C.1L(*51CX&)%5)%L?&%(*&'?&'1&(#$%P*"%&"$?L*.*&L#&+"%
9%J1X&%&')%D&"$%+0?X&%4$#)1&*&?0$#'1&81C%)?&0?Q?&?&-?9$%)(*0?&O1L#(&4%'19#(&D#5'"%$&*/
=*.#(#&?/1"&51X&L#&*/$#L*&C$9&)%5)%L*(&K.#'"1.*&\.#"%(%'%)*Q*D#&4%'.#"*&'?&4%0.%(*&?
)$1L(%'"*&%L& 77X&#&S?4#(?&-$#C*+*&-*(*P*Q?&%L&A77&41$41$#


 

 AA
K#S(%&51X&L#&'1&?&%)%&)$1D1&*&D#>#$'0*&0$#J&%9$#"*%&51L(*D&4*'D%D&(#&!#(L#J#&UL15?&/#&"%
L#.*&'?&-?9$%)P#(*&`(*&'?&*/&'"$#V#&%L&=.1P#(#&D%.*.*&0$#J#&!*C*'D?(L#X&L#&'1&/#?/D1&/#
8*V&0%L&?"*<#5(1&9%'#('01&C%'4%L1&*&'#D%C&0$#J#&H)$"0#&!*C*'D?(LX&0%5*&51&"#0%&L?C%
4?'"*%&L#&'1&'")#$*&?&;%'(*&$#/)*5#5?&91/&81C%)#&?P1+Q#X&%L#/)#%&'1&"%5&D%.9*&*&4$10%
-?9$%)(*0#&?4?"*%&51&4*'D%&V?D'0%D&)%5)%L*&`(%&'1X&L%*'"#X&"*<#.%&'#D%&-?9$%)(*0#X&#.*
51&*4#0&L%9$%L%+.%&D#>#$'0%5&0$?(*&L#&'1&%9(%)1&)1/1&'#&C.#)(*D&J?L*D#&9%'#('01
L$S#)1 
=.1"#P0*&4%'.#(*0X&0%5*&'1&9#)*%&)$.%&L?C%&?&;%'(*X&4$10%&P*"#)1& &C%LX&4%0?+#)#%&51X
*'"*(#X&(1+"%&4$%"*)&-?9$%)P#(#X&#.*&51&)*+1&$#L*%&L#&?$1L*&%L(%'1&'#&;%'(%D&?&3$*D%$5?i
L#&L%9*51&(1$1")#('0*&"$Ci&L#&?9.#S*&/#41"1&%L(%'1&'#&!#(L#J1Di&*&L#&L%>1&L%&(10%C
'4%$#/?D#&?&4*"#8?&:$)%51)*V&*&L$?C*V&4%'1L#&T#$%P*"%&51&Y14?9.*<*&9*.%&'"#.%X&"%9%S1&?
*("1$1'?&(1'D1"#(%C&'.%9%L(%C&4$%D1"#&(#&C$#(*<*&?&-#.D#<*5*X&L#&'&;%'(%D&'0.%4*&'#)1/
4$%"*)&<1"*('0%C&0(1/#&U)#(#&T1.*4*Q#&[&'.?P#5?&4%91L1&%(*&'?&"$#S*.*&/#&'191&3%J*<#X
B.*'&*&`D*+&O%+& X&D#$"#&D1'1<#X&9*%&51&0$#J&!"14#(&4%(?L*%&=.1P#(*D#&'#)1/&*&9*%
)%J#(&(#&L%'"#&4%).#'"*<#X&(#$%P*"%&?&4%C.1L?&(1$1")#('0%C&"$C#X&'#D%&L#&L%9*51&4%?/L#(1
4$*5#"1J1&*&4%L$+0?&(#&"%5&'"$#(*
&=.1P#(*&'?&L$S#.*X&L#&Q1&*&0%L&H)$"0#&(#Q*&'.*P#(
4$*51D&R.*X&(*'?&$#P?(#.*&'#&!#(L#J1)*D&?"*<#51D&`)#5&)%5)%L#&9*%&51&J?"&(#&=.1P#(1&*/
)*+1&$#/.%C#&`(*&'?&D?&?/1.*&B%"%$i&%L9*.*&'?&L#&D?&?'"?41&;#$X&;?L)?&*&'1)1$(?&\1"?i&P#0
(*'?&V"1.*&51L(%&)$1D1&L#&D?&4$%'"%&)$#"1&81C%)&(%)#<&*/&')%C&C$#L#X&(1C%&'?&"%&)1/#.*&?/
?'.%)X&L#&4?'"*&*/&/#")%$#&(101&B%"%$#(1 &-#&?D*$1&)%5)%L?&=.1P#(*&'?&9*.*&'4$1D(*X
L#&D?&L#L?&777777&41$41$#&C%L*+81C&L%V%"0#&%L&0%"%$'01&"$C%)*(1&'#&'%J?X&4%L
4%C%L9%D&L#&%(&?'4%'"#)*&"$C%)#P01&)1/1&'#&B%"%$%D&*&L#&9?L1&'$L#P(*5*&4$1D#&Y14?9.*<*
!#(L#J&51&$#L%&4$*'"#5#%&(#&(%)P#(1&4%(?L1&R.*&*4#0&%)%C&4?"#&4$1C%)%$*&(*'?&?'41.*
3$1&')1C#&'&"%C#X&+"%&51&%(&"$#S*%X&L#&D%S1X&#0%&"%&?/V"1&%L&81C#&0$#J&*.*&'?."#(X&4%D#C#"*
L1'4%"#&!"1)#(#&4$%"*)&=.1P#(#&?&\1"*i&#&L$?C%&+"%&51&"$#S*%&L%'"#&)*'%0?&'?D?
=.1P#(*D#&51&9*.%&D(%C%&'"#.%&L%&"%C#&L#&'1&(#D*$1&'#&!#(L#J1D&*&(#5/#L&'?&?'41.*&
(%)1D9$#& A&*/L#%&51&)%5)%L#&4%)1J?X&0%5%D&4$*/(#51&F(#+1&*/C?9.1(¯1&C$#L#&B%"%$#F&*
L%/)%J#)#&'.%9%L(?&"$C%)*(?&'&8*DX&#&/#&"%&51&L%9*%&,77&L?0#"#&C%L*+81C&4$*V%L#&*
'.%9%L(%&$#'4%.#C#81&'#&')%5%D&0?Q%D&?&B%"%$?& &3%"%D&51&&N19$?#$#&  &4$*DJ1(
!#(L#J&'&9$#Q%D&*&'*(%)<1D&!"514#(%D&/#&D.1"#P01&4.1D*Q1&B#L&51&9*.%&*/C.1L#X&L#&Q1
4$1C%)%$*&*/D1>?&!#(L#J#&*&=.1"#0#&L%)1'"*&L%&4%)%J(%C&$1/?."#"#X&4$*'"#%&51&(#54%'.1&*
0$#J&H)$"0%&,&N19$?#$#& A&L#&'0.%4*&'#)1/&'#&=.1"#P0%D&Y14?9.*0%D&4$%"*)&0(1/#
U)#(#&T1.*4*Q#X&%91Q#)#5?Q*&)%5(?&#0<*5?&4$%"*)&81C#&L%&4$%.1Q#&  &[&'.?P#5?
4%91L1&;%'#(<*&'?&%'*C?$#)#.*&/#&'191&L%'"#&)1.*01&L%9*"01&E`D*+X&_#P)*(?X&3%J*<#X
H$#)(*0&*L$?C#&D1'"#G&3$1&"%C#X&&N19$?#$#& X&0$#J&51&4%")$L*%&Y14?9.*<*&)$.%
+*$%01&"$C%)#P01&4%).#'"*<1X&0%51&*D&51&9*%&%L%9$*%&81C%)&4$1"V%L(*0&=.1P#(*&'?X&*/
/#V)#.(%'"*&*&L#J*V&$#P?(#X&9*.*&'4$1D(*&L#&4%'$1L?5?&0%L&4%$%L*<1&=#.#"1'"#X&*/&0%51&'1
0$#J&(#D1$#)#%&%S1(*"*
T1D*$(*&Y#L%'.#)&3#).%)*Q&*/#/)#%&51X&D1>?"*DX(%)1/#4.1"1&!&4$%.1Q#& &(#4#%&51
Y#L%'.#)%)&P%)10X&0#'"1.#(&C$#L#&!%0%.#X&L?9$%)#P0%C&0(1/#&?&B%(#).*D#&*&%4J#P0#%&D?
0?Q?&'#&')%5*D&J?L*D#&-?9$%)#P01&"?S91&0%L&Y#L%'.#)#&(*'?&*D#.1&?'41V#&*&Y14?9.*0#&'1&'
"%C#&%9$#"*&!#(L#J?X&L#&%(&4%'$1L?51&-#&.*&"%&4%'$1L%)#81X&*.*&51&9*%&(10*&L$?C*&9.*S1
(14%/(#"*&4%)%LX&"10&!#(L#J&'1&4%(%)%&/#)#L*&'#&Y#L%'.#)%DX&*#0%&51&"#5&4$%+.1&C%L*(1
4%'"#%&/1"&81C%)#&9$#"#&K?0<#&3%P1"0%D& A&C%L&*&Y#L%'.#)&*&K?0#<X&4#&*&-?9$%)#P0#
Y14?9.*0#X&$#L*.*&'?&S*)%&L#&L%>1&L%&*/D*$18#&&N19$?#$#&9*%&51&D*$&)1Q&C%"%)&M$#L&!%0%
<1%X&?&0%D&'?&'1&(#.#/*.*&*&!#(L#J1)*&*&Y#L%'.#)%)*&J?L*X&9*%&51&4$1L#"&!#(L#J?X&+"%&9*
9*%X&D%SL#X&L%0#/&L#&51&'?0%9&*/9*%&4%)%L%D&81C#&-?9$%)P#(*&'?&'1&'&4$#)%D&(#L#.*X&L#&Q1
!#(L#J&4%'.1&"%C#&4$1L#"*&C$#L&8*D#X&0#%&+"%&'1&*&L%C%L*.%&-?9$%)#P0#&Y14?9.*0#X
'$1>?5?Q*&%L(%'1&'#&'?'1L*D#X&L?C%&'1&?'"1/#.#&L#&4$*/(#&Y#L%'.#)#&/#&')%C&C$#>#(*(#&*
4.1D*Q#X&4%+"%&(*&%(&(*&81C%)#&4%$%L*<#X&'&%<1D&*&9$#"%DX&(*51&(*+"#&FL%4$*(1.#&/#
(#4$1L#0&-?9$%)(*0#F&U4#0X&*/&%9/*$#&4$1D#&!#(L#J?X&0#0%&'?&%(*&C%)%$*.*X&*&*/&')%5*V


 

 A
L%9$*V&$#P?(#X&%(*&'?&4$*'"#.*&*&(#&"%&2&N19$?#$#& A&*/L#.*&'?&-?9$%)P#(*&%&"%D
')%5?&4%)1J?X&(#+"%&51&Y#L%'.#)&6&#4$*.#&4$*/(#%&$#(*51&L#"1&4%).#'"*<1&-?9$%)P#(*D#&*
?'"?4#81&!%0%.#
[&-?9$%)(*0?&'1&?&"%&)$1D1&5#)J#&K?0&M$?9#P1)*QX&/)#(*&;#(*Q&*&B%"$%D#(*QX&0%5*&'1X
(10#LX&'4%D*8#%&'#&'0#(L#.%D&$#L*&)1Q&4%/(#"%C&$#/9%5(*+")#&0%L&K*'%0%C&(#L&51L(*D
L?9$%)#P0*D&"$C%)<1D&B$#J&H)$"0%&%4"?S*)#%&C#&51&L#&51X&?&'4%$#/?D?&'&0$#J*<%D&B?5#)%D
*&(10*D&)1.*0#+*D#X&'4$1D#%&/#)1$?&4$%"*)&81C#&*&"$#S*%&51&%L&-?9$%)P#(#&L#&C#&*/L#5?
`)*&'?&'1&9$#(*.*&4%/(#"*D&(#P*(%D&L#&51&8*V%)&C$#L&?"%P*+"1&/#&')1&C%81(1X&#&L#&D?&%(*X
L%0&51&(#&8*V%)?&".?X&(1Q1&L%/)%.*"*&(*0#0)?&#C*"#<*5?&4$%"*)&0$#J#&\#&0%C#&51&K?0&$#L*%
(1&/(#&'1X&#.*&51&)#S(%&*'"#Q*X&L#&'1&?&=.1<*D#&(*&?&4$%.1Q1& A&(*51&5%+&/(#.%&+"#&51
9*.%&'#&!"14#(%D&`'"%5*Q1D&!)%D&4%'.#(*0?&?&;%'(*&%(*&'?&L#)#.*&?4?"'")#&,&5?(#&L#&'1
$#'4*"#&/#&8&Fp&
&

& X&È&&  
& &

& 
& &E 

 & 

 

GX& 
&   &
& & & &&
&&  
&& &

& 

&K?0&51&'"*C#%&?&C$#L&91/&*0#0)*V&'$1L'"#)#&*&Y14?9.*0#&D?&51&L#)#.#&4%D%Q&(1&'#D%&/#
V$#(?X&(1C%&*&/#&%L1.%&!#(L#J&:$#(*Q&0#%&L#&51&9*%&81C%)&/#+"*"(*0i&51$X&4%+"%&'?&C#
-?9$%)P#(*&0#%&91'4%'.*P#$#& @&4$%"1$#.*&*/&')%C&C$#L#X&%L?/1)+*&D?&L#)#(?&D1'1P(?
4%D%Q&%L&7&41$41$#X&%(*&'?&*/)*8#)#5?&!#(L#J?X&0#0%&"%&(*51&?P*81(%&/#&)%J?&0$#J?&*.*
F &
F!#(L#J?X&(1C%&L#&51&%(&"%9%S1&%"*+#%&%L&')%51&)%J1
3%P1"0%D&5?(#& A&*/9*.#&51&%/9*J(#&4%9?(#&?&B%(#)J*D#&-?9$%)P#(*&'?&4$%)%L*.*
')%5?&#C$#$(?&4%.*"*0?&91/&D(%C%&%9/*$#&(#&"#D%+81&'"#(%)(*+")%&*&81C%)1&"$#L*<*51&!
L$?C1&'"$#(1&0#%&L#&51&9*.%&4%L9#L#8#&*&%L&4$*4#L(*0#&Y#L%'.#)J1)1&4%.%)*(1&B%(#)J#
T1'?D8*)%&51X&L#&'?&9?("%)(*<*&(#.#/*.*&'0.%(*+"#&*&/#+"*"1&(#&Y#L%'.#)J1)?&/1DJ*+"?
*&L#&'?&81C%)*&4%L#(*<*X&'&9?("%)(*<*D#&/#51L(%X&(#4#L#.*&(#&L?9$%)#P01&J?L1&Y#L%'.#)&51
"$41%&"%&4%(#+#81&')%5*V&J?L*&ED%SL#&C#&51&*&'#D&*/#/)#%GX&S1.1Q*&L#&+"%&)*+1&?<1(*
-?9$%)P#(1X&0%5*&'?&9#+&%)1&C%L*(1&S*)%&$#L*.*&L#&%"0?41&*&81C%)?&4%.?&B%(#)J#&!#(L#J
51X&D1>?"*DX&4%'.#%&51L(%&%L1J181&)%5'01X&L#&4%D%C(1&-?9$%)P#(*D#&?'4%'"#)*"*&D*$
Y14?9.*0#X&(#$#)(%X&(*51&4$%4?'"*.#&L#&'1&*&%)%D&4$*.*0%D&(1&4%"?S*&(#&Y#L%'.#)#X&*&"%&(1
'#D%&0%L&!#(L#J#X&(1C%&*&0%L&'#D%C&0$#J#&*&L$?C*V&(10*V&)%5)%L# &3%'.1&L?C*V
4$1C%)%$#&*&(#"1/#8#&?'41.%&51&(#54%'.1&-?9$%)P#(*D#X&L#&'1&0$#51D& ,&C%L&4%C%L1&'#
Y#L%'.#)%D&*&0?41&81C%)?&4%.%)*(?&0%(#)%'01&S?41&3%)1J#&%&"%D&*/L#"#&51&4%'.1L81C&L#(#
C%L*(1&3%&?)1"*D#&4$%L#51&Y#L%'.#)&51&4$%+#%&9%J1&%L&!#(L#J#X&"5&%(&51&L%9*%&A777
L?0#"#X&0?Q?&?&-?9$%)(*0?&*&,77&41$41$#&C%L*+81C&L%V%"0#X&4%$1L&D#.%C&*D#8#&?
B%(#)J*D#&T%)%&51&5%+X&?&C.#)(%DX&?&L#$%)(%5&4%)1J*&"%X&+"%&'1&Y#L%'.#)&%'*C?$#)#X&L#&'1
-?9$%)P#(*&/#.#S?&/#&8&0#%&/#&'191&0%L&?C#$'0*V&0$#J1)#&*&8*V%)*V&J?L*&[&4%)1J*&%(&'1X
L#J1X&%9#)1/#%&L#&Q1&4$%L#"?&4%.?&S?41&'&C$#L%)*D#&`9%L%D&*&d#)"#"%D&F9$#(*"*&¨L#
)'#0%#C#&(#'*.|#&*&/.*V¯&.ÛL*X&0#0%&L#&*V¯&C%'4%L?Û&*&?S*)#Û&D*$(%¨F
&-#&!#(L#J
(*51&9*%&/#L%)%J#(X&+"%&'?&-?9$%)P#(*&4.#"*.*&Y#L%'.#)?&)*+1&(1C%&81D?X&9*.%&51&5#'(%i
#.*&51&Y14?9.*0#&)1+"%&?L1'*.#&L#&C#&*4#0&'D*$*
R4$*.#&D1'1<#&   &?4#%&51&?&;%'(?&'&%)1Q%D&)%5'0%D&'0%4J#('0*&(#D1'(*0&U'#0&*
%4?'"%+*%&51&(101&4$1L1.1&[&/1DJ*&'1&(*51&L?C%&/#L$S#)#%X&"#0%&L#&"#5&4%V%L&)*+1&.*P*&(#
(10?&L1D%('"$#<*5?&`(#&51&L%+.#&)1$%)#"(%&'&"%C#X&+"%&'?&H?$<*D#&9*.1&4%L%/$*)1&)1/1
;%'(1&'&=.1<*D#&*&L?C%&9#)J181&D.1"#P0%C&4%'.#(*0#&(#&L)%$?&0$#J#&H)$"0#& &*& A
C%L&R&H?$<*&'?X&?&"%&)$1D1X&9*.*&)$.%&$>#)%&'&=.1"#P0%D&Y14?9.*0%DX&+"%&51&%)#& 
'14"1D9$#& A&0?4*.#&!%.?(&%L&K*/#("*51 
`)#5&?4#L&H?$#0#X&D1'"%&L#&9?L1&%4%D1(#&H)$"0?&L#&'1&(1&%LD*P1&%L&8*V%)1&.*(*51X&L1.%)#%
51&(#&8&?&%9$#"(%D&4$#)<?&`(&'1&4%'.1&81C#&4$*9.*S*%&0$#J?&!*C*'D?(L?&*&4%P1%&L#
D*'.*&%&'#)1/?&4$%"*)&H?$#0#X&4%+"%&'?&D?&=.1P#(*X&4$*.*0%D&"%C&"?$'0%C&?4#L#X
?'0$#"*.*&"$#S1(?&4%D%Q&=%SL#&C#&51&?&"%D&4$#)<?&%4$1L1J*)#.#&*&%L.?0#
!*C*'D?(L%)#X&L#&#0"*)(*51&4%)1L1&#("*"?$'0?&4%.*"*0?&M%L&  &9#)*%&'1&(#&9?L*D'0%D
L)%$?&)*/#("*'0*&<#$1)*QX&%L(%'(%&<#$&O%)#(&aIIIX&0%5*&51&D%.*%&/#&4%D%Q&*&(#'"%5#%&L#


 

 A2
*/D*$*&!*C*'D?(L#&'#&=.1"#P0%D&Y14?9.*0%D&H?$<*&91V?X&?&"%&)$1D1X&4$%C(#.*&*/&K.#+01
D#>#$'0%C&+"*Q1(*0#&-#(#&*&L%)1.#&"#D%&')%C&P%)10#X&)%5)%L?&Y#L?.#&-#&'4$1P*&8*V%)1
#0<*51&%L.?P*%&51&!*C*'D?(L&L#&'#D&4$1>1&?&(#4#L#5&B$#J&H)$"0%&51X&?&.1"%& 2X&?+#%&?
4$1C%)%$1&'&8*D&3%'$1L(*0&51&9*%&C$%N&:1$D#(&d1J'0*X&'$%L(*0&%9#L)%5*<1&0$#J1)#
:1$D#(%)#&D#50#&9*.#&51&0Q*&!"14#(#&II&B%"$%D#(*Q#X&4$1D#&"%D&$%L*<#&H)$"0#&IIX&#&'#D
:1$D#(&91+1&"#'"&!*C*'D?(L%)&[&51'1(&)1Q&51&L%+.%&L%&'#'"#(0#&*/D1>?&%9#&0$#J#&H)$"0%
'1&%4$1L1.*%&4%(%)%&/#&=#>#$1&*&*/C.1L#&L#&51&)1Q&"#L#&4$*'"#5#%X&L#&:1$D#(#&4$%C.#'*&/#
')%C&(#'.1L(*0#&`)#5&51&"%&S1.1%&')#0#0%&;*%&51&'.#)%('0*&9#(X&?/&L$?C1&')%51&$#(*51
4%'1L1X&*&51L#(&%L&(#5D%Q(*5*V&)1.*0#+#&[C#$'01&!&;%'(%D&4%'"#%&9*&4$#)*&L*(#'"#
U/(1(#L#X&?&%0"%9$?& 2X&91+1&51L(#&"?$'0#&)%5'0#&4$%)#.*.#&?&!$9*5?&*&4%4.1(*.#
0$?+1)#P0?&%9.#'"X&4#&'1&L%'"#&9$/%&4%)?0.#&(#"$#C&H#5&(#4#L&H?$#0#&*'0%$*'"*.*&'?
;%'#(<*&*&?L#$*.*&'?X&'&0$#J1D&/#51L(%X&(#&L1'4%"%)1&J?L1&V%"1Q*&L#&)$#"1&!$19$1(*<?
-1'4%"&!"1)#(&4%>1&%LD#V&(#&8*V&*&4$1>1&-$*(?X&/#&0%5?&'?&;%'#(<*&L$S#.*&L#&51&?&"%&L%9#
C%L*(1&(14$1V%L*)#&B#L&'?&?C.1L#.*&L1'4%"%)?&)%5'0?X&H)$"0%&*&81C%)*&'1&(#C.%&4%)?0%+1X
4%+"%&'1&(*'?&9*.*&'4$1D*.*&/#&4$#)?&9%$9?&3%).#P181&*D&'1&4$1")%$*.%&?&91C&`'"#)*.*
'?&4$1L&!$19$1(*<%D&')%51&%4'#L(1&'4$#)1&*&"$*&F4$#Q01FX&%L(%'(%&"%4#&-1'4%"&)1.*0?
4$#Q0?&L#L1&%L(1"*&?&;1%C$#LX&#&L)1&D#81&'D1'"*&?&C$#L?&!$19$1(*0?&*/(#L&'$19$1(*P0%C
$?L#$'0%C&(#'1J#&M%(1Q*&;%'#(<1&L1'4%"&51&%4J#P0#%&51L#(&L1%&;%'(1&`)%D&4$*.*0%DX
/#51L(%&'&L1'4%"%)*D&J?L*D#X&9$#(*.*&'?&%4'1L(?"*&'$19$1(*P0*&C$#L&*&L?9$%)#P0*
"$C%)<*X&+"%&*D&51&0$#J&H)$"0%&D(%C%&/#D1$*%&-1'4%"&'1&D%C#%&%)#0%&9$/%&%9$(?"*&4$%"*)
;%'(1X&L#&%L9$#(*&)#S(?&!$19$1(*<?X&/#"%&+"%&51&"?$'0*&(#4#L&"$#5#%&0$#"0%&*&+"%&'?&D?
=#>#$*&%LD#V&?4?"*.*&51L(%&%L1J181&')%51&)%5'01&?&4%D%Q&[&(#4#L#5?&(#&!$19$1(*<?
(#$%P*"%&51&?P1'")%)#.%&9$#"'")%&'?'1L(%C&9%'#('0%C&S?4#(#&-$#C*+1&-*(*P*Q#&`(%&51
/#4#.*.%&!$19$1(*<?&*&(#(1.%&'#D*D&-?9$%)P#(*D#&)*+1&%L&27777&L?0#"#&+"1"1&!&"%C#&51
L1'4%"&*&4%+#%&L#&C%(*&0$#J#&*&4J#P0#&;%'(?&B$#J&H)$"0%&'1&/#")%$*%&?&51L#(&")$L*&C$#LX
)1$%)#"(%&;%9%)#<X&*&%"?L&51&4%'.#%&L1'4%"?&J?L1X&L#&4$1C%)#$#5?&%&D*$?&['.%)*&(#D&(*'?
4%/(#"*X&#.*&'1&/(#&L#&51&D*$&(#'0%$%&'0.%4J1(&*&L#&'1&L1'4%"&)$#"*%&?&!$9*5?
!#(L#J&:$#(*Q&(*51&'1&'.#C#%&'#&%)*D&4%'"?4<*D#&0$#J#&H)$"0#&T#$%P*"%&(*51&9*%&/#
:1$D#(#&d1J'0%C&`(&'1X&*'"*(#X&(*51&*/5#+8#)#%&4$%"*)&!*C*'D?(L#&*&"*V&0%D9*(#<*5#&'#
=#>#$*D#X&#.*&51&%L$S#)#%&*&)1/1&'&H?$<*D#&*&%L&8*V&51&"$#S*%&4%")$L1&')%5*V&4%'1L#&H1
')%51&)1/1&%(&51&L1.*D*P(%&%L$S#)#%&*&4$10%&=.1"#0#X&'&0%5*D#&51&?&%)%&)$1D1&9*%&?&L%9$*D
%L(%'*D#&`(*&'?&C#&4%(10#L&'#')*D&*'0$1(%&*&L%9$%&'#)1"%)#.*X&0#%X&(#&4$*D1$X&?&'.?P#5?
0#L&51&V"1%&L#&'1&4$*9.*S*&=?'"#N*X&4$%"*)0#(L*L#"?&'?."#(#&=?$#"#&II&\9%C&'4%$#/?D#
9%'#('0%C&0$#J#&'#&D#>#$'0*D&!#(L#J&'1&9%5#%&"?$'0%C&(#4#L#5#&*&(*51&'1&%'1Q#%
'*C?$(*D&!#')*D&4$1L&0$#5& 2&%9$#"*%&'1&'&"%C#&-?9$%)#P0%5&Y14?9.*<*&'#&D%.9%DX
L#&F?&'.?P#5?&(?SL1&*.*&(1)%J1F&Y14?9.*0#&4$*D*&81C#X&81C%)?&S1(?X&9$#"#&K?0<#&*
'*(%)<#&!"14#(#X&*&L#&*D&L#L1&51L(?&.#>?X&0%5#&9*&*D&?&"#0)%D&P#'?&*D#.#&9*"*&(#
$#'4%.%S18?&[&L?9$%)#P0%D&'1(#"?&9*.%&51&%&"%D&L?S1&)1Q#(%&A&N19$?#$#& ,&*
%4%/*<*5#&4$%"*)&!#(L#J1)1&4%(?L1&(*51&9*.#&D#.#&`4$1/(#&Y14?9.*0#&/(#.#&51&L%9$%X&L#&9*
!#(L#J&"$#S*%&'0.%(*+"#&'#D%&%(L#X&0#L&9*&C#&/#L1'*.#&0#0)#&)$.%&"1+0#&(1/C%L#&-#&.*&51
%(L#&D?L$%X&L#&'1&-?9$%)(*0&*/.#S1&)$.%&)1$%)#"(%5&%4#'(%'"*X&L#X&4$*D#5?Q*&!#(L#J#X&*
'#D&L%>1&?&0$*"*P#(&4%.%S#5&3$1).#L#.*&'?&*4#0&L?S(*&%9/*$*&4$1D#&'?'1L?&*&'#&&4$%"*)
 &C.#'%)#&81C%)#&51&4%(?L#&9*.#&4$*DJ1(#&R.*&0#%&4$%"*)(?&?'.?C?&"$#S*.*&'?&%L&81C#&L#
'1&%9#)1S1&4$1D#&Y14?9.*<*&4%'.#"*&5%5X&?&'.?P#5?&$#"#&*.*&(1)%J1X&51L#(&L1%&')%5*V&L%9$*V
$#"(*0#X&*&"%&%&')%D&"$%+0?&U'"%C#&L#(#&4$*DJ1(#&51&*&!#(L#J1)#&%L.?0#&?&4%C.1L?&81C%)#
(%)<#&0%L&Y14?9.*01&!)%51&4%0$1"(%&*D#81X&@777&41$41$#X&0%51&'1&(#.#/*.%&?&-?9$%)(*0?X
)%5)%L#&51X&?&'.?P#5?&'D$"*X&%'"#)J#%&S1(*&O1.*X&4%'.1&81&9$#"?X&#&4%'.1&81C#&'*(%)<?&U/
')1C#&'1&5#'(%&)*L*X&L#&51&!#(L#J&$#P?(#%&'#&)$.%&"1+0*D&L#(*D#&*&L#&51&D*'.*%&*&(#&(#5C%$1
`4#'(%'"&51&9*.#&*&9*"*&'&0$#J1D&4$%"*)&H?$#0#&*&'&H?$<*D#&4$%"*)&0$#J#&!&"%C#&51
!#(L#J&?&%P*"%5&(1/C%L*&T1&S1.1Q*&L#&'1&*/.%S*&(*&4$1D#&51L(%5&'"$#(*&%(&51&*D#%&$#/.%C#
L#&/#/*$1&%L&%9#L)1&B$#51D&5#(?#$#&L%+#%&51&?&-?9$%)(*0X&4%/)#"&0#%&C%'"X&#.*&'&(#D1$%D&L#


 

 A,
')#&%)#&4*"#8#&*&.*P(%&?$1L*&H%D&4$*.*0%D&%(&51&9*%&')1P#(%&L%P10#(&*&?0#/#(%&D?&51&)$.%
D(%C%&P#'"*&%L&'"$#(1&Y14?9.*01
U&L%*'"#X&?&.1"%& ,&?4#.#&51&?&;%'(?&51L(#&"?$'0#&)%5'0#X&0%5#&(*51&9$%5#.#&)*+1&%L& 777
J?L*&B#$#0"1$*'"*P(%&51X&L#&(*&0$#J&*&(*51L#(&%L&)1.*0#+#&(*51&'D1%&L#&*V&(#4#L(1&9%51Q*
'1&L#&"*D&(1&%/.%51L1&"?$'01&C%'4%L#$1&*&*/#/%)?&5%+&)1Q?&(1)%J?&H?$<*&'?&(1'D1"#(%
4$%L*$#.*&')1&L%&?&:$)#"'0?i&#&?&;%'(*&51&'"$#L#.#&%L&8*V&(#$%P*"%&%9.#'"&\.#"%(%'%)*Q#X
"5&['%$#&*&L%.*(#&!4$1P1&L%&\)%$(*0#&[&4%P1"0?&#)C?'"#&?&;%'(*&51&%'"#.%&D#.%&H?$#0#X&#.*
'?&"*&L$S#.*&)#S(*51&0.#(<1&?&')%5*D&$?0#D# &H#5&8*V%)&(#4#L#5X&0#%&*&(#4#L#5&?&51'1(
 2&4$%"*)&L1'4%"#X&9*Q1&4%&')%5&4$*.*<*&?&)1/*&'#&4$*4$1D#8*D#&!*C*'D?(L%)*D&/#
)1.*0?&%N#(/*)?&4$%"*)&H?$#0#X&%&0%5*D#&'?&%)*&'#/(#.*X&0#%&*&%&"%D&L#&'?&'&=#>#$*D#&%&"%5
'")#$*&4$1C%)#$#.*&*&L1'4%"&*&0$#J&H)$"0%&[&.1"%&"1&C%L*(1X&5?.#&D1'1<#X&9#)*%&'1&L1'4%"
%41"&?&!$19$1(*<*X&L#&9*&%L$S#%&L?V&?&C$#L?&*&(#+#%&D?&'1&?&4%D%Q*X&#0%&9*&L%+.%&L%
"?$'0%C&(#4#L#5#&R.*&H?$<*&(*'?&L*$#.*&?&"#5&C$#L
[&51'1(& 6X&&'14"1D9$#X&4$%C.#'*%&51&0$#J&H)$"0%&:1$D#(#&d1J'0%C&/#&')%C&(#'.1L(*0#X
FL#$%)#)+*F&D?&;%'(?X&#.*&'#&4$1"4%'"#)0%D&#0%&?D$1&91/&D?+0*V&(#'.1L(*0#X&*.*&#0%&"*
(#'.1L(*<*&(1&9?L?&*D#.*&/#0%(*"%C&4%"%D'")#&B#%&*/&/#V)#.(%'"*&/#&"%&9*%&51&:1$D#(
L?S#(&L#&4%D#S1&H)$"0#&*&81C%)1&(#'.1L(*01
&T#&"#5&(#P*(&H)$"0%&'1&4%"4?(%&*&5#'(%
%4$1L1.*%&/#&=#>#$'0?&[&-?9$%)(*0?&'1& @&C%L&/(#.%X&L#&51&!*C*'D?(L&4$*D*%&H)$"0#
F/#&9$#"#&*&'*(#F&*&L#&C#&'4$1D#&%S1(*"*&51L(%D&D#>#$'0%D&4.1D*Q0%D&B$#J&H)$"0%&'#D
4%/)#%&51&-?9$%)P#(1&?&')#"%)1&*&%(*&'?&9*.*&$1+*.*&2&D#5#&L#&D?&P1'"*"#5? &T1)1'"#
H)$"0%)#&9*.#&51&-%$%"15#X&0Q*&O#(%+#&M#$#5#&*/&31P?5#&[&#4$*.?&D%.*%&51&H)$"0%&4#4?X&L#
D?&L%/)%.*&"#5&9$#0X&0%5*&51&9*%&')#0#0%&"$1Q*X&?)1$#)#5?Q*&$*D'0?&0?$*5?X&L#&51&%(&L%9#$
0#"%.*0X&*#0%&51&0$#J&51L(1&/1DJ1&P*51&51&'"#(%)(*+")%&F(1)1$(*P0%&*&+*/D#"*P0%F 
3#4#&51&L#%&L%/)%.?&*&?&5?.?& @&9*.#&51&')#L9#&?&=*.%L$#S?&U/C.1L#&L#&51&(#&8%5
?P1'")%)#%&*&'#D&0$#J&!*C*'D?(L&[&#)C?'"?&(%+1(*&'?&9%C#"*&4%0.%(*&-?9$%)#P01
Y14?9.*01&?&;%'(?&F & yX&&  FX&0%5#&51&4$*5#"1J&Y14?9.*01&4%&')*D#&')%5*D
)1/#D#
`)%&4$*9.*S#)#81&0$#J#&H)$"0#&=#>#$*D#&(*51&%'"#.%&91/&4$%"1'"#&K%5)%L#&!#(L#JX&*&'
8*D&Y#L%'.#)&3#).%)*QX&(*'?&'1&'.#C#.*&'&"#0)%D&4%.*"*0%D&9%51Q*&'1&"?$'01&%')1"1&`'*D
"%C#X&4%D#C#(&%L&D%Q(*V&'$%L(*0#X&H)$"0%&51&L%9*%&5#P*&?C.1L&*&D%C#%&51&/#?/1"*&1(1$C*P(*5*
'"#)&4$1D#&).#'"1.*&!#(L#J&'1X&D1>?"*DX&%'1Q#%&"%.*0%&5#0X&L#&51&D%C#%&%")%$1(%&?'"#"*
4$%"*)&0$#J#&B$#J&!*C*'D?(L&51&4%0?+#%&L#&4%'$1L?51&.14*D&(#P*(%D&*&4%P1"0%D& @
C%L&"0#.*&'?&4%'.#(*<*&%L&81C#&!#(L#J?&*&%L&!#(L#J#&81D?&!#(L#J&51X&*/C.1L#X&/#&"%
)$1D1&*'"?4*%&*&4$%"*)&Y#L*)%51)*Q#&?&:?D?&*&L%9*%&(#5)#S(*51&"$C%)#P0%&*&4$%D1"(%
D1'"%&(#&"%5&'"$#(*X&P?)1(%&-$*51)%&`0%&&5?(#&9*.%&'1&P?.%&?&-?9$%)(*0?X&L#&51&?'41.%
*/D*$*"*&0$#J#&'#&%91&)%5)%L1X&#.*&"%&(*51&9*.%&"#P(%&B#L&'?&-?9$%)P#(*&4%/)#.*
0$#J1)'0*&4#$&L#&L%>1&?&8*V%)&C$#LX&0$#J&51&@&#)C?'"#&%91Q#%X&#.*&"10&F0#L&'1&*/D*$*&'#
')%5*D&9%'#('0*D&)1.*0#+*D#F&-%&*/D*$18#&51&L%+.%&*'"%D&?&51'1(&"1&C%L*(1&B$#51D
%0"%9$#&L%.#/*%&51&H)$"0%&?&C%'"1&!#(L#J?X&?&;.#C#5X&*&-?9$%)P#(*&'?&4%V*"#.*&L#&*V&"#D%
4%/L$#)1&*&L#$*)#5?

" *  + 



!#(L#J&51&P*"#)%&)$1D1&%L$S#)#%&)1/1&'#&'0%4J#('0*D&(#D1'(*0%D&U'#0%D&`(&(*51&S1.1%
(*&/#&P#'&L#&'1&/#D1$*&H?$<*D#&*&*/.%S*&8*V%)%5&%')1"*&[&51L(%5&%4+*$(%5&*('"$?0<*5*
')%5*D&4%'.#(*<*D#&0%L&!#(L#J#X&&D#5#& X&*/.#C#.#&51&-?9$%)#P0#&Y14?9.*0#&')%51
'V)#"#81&<1.1&'*"?#<*51&*&'D#"$#.#&51&/#&4%"$19(%X&L#&(#&8&?4%/%$*&*&!#(L#J#&U'#0X
C%)%$*.*&'?&%(*X&(1&D*'.*&(#&L$?C%X&(1C%&L#&'")%$*&$#/L%$&D1>?&9%'#('0%D&C%'4%L%DX&0#0%&9*
*VX&/#)#>1(1&*&$#/51L*81(1X&D%C#%&.#0+1&51L(%C&4%&51L(%C&'#).#L#"*&H%&51&?%4+"1&"?$'0#
"#0"*0#&H#0%&'?&?(1.*&$#/L%$&?&M$P0?X&?&;?C#$'0?&*&?&!$9*5?X&*&'#).#>?5?&*V&4%'"141(%i&"#0%
P*(1&'#L&*&?&;%'(*&_#0&S1.1&L#&/#)#L1&*&;%'(?&'&-?9$%)(*0%DX&(#.#/1Q*&L#&9%'#('0*D


 

 A6
)1.*0#+*D#&L#51&/(#"(1&'(#C1&"%X&+"%&4$10%&-?9$%)(*0#&*D#5?&(14%'$1L(?&)1/?&'&D%$1Di&#
)1$%)#"(%&S1.1&*&L#&4$*C$#91&'19*&%(1&L%V%"01X&0%51&Y14?9.*0#&L#51&9%'#('0%5&C%'4%L*
!.*P(1&4%$?01&9*.1&'?&?4?Q1(1&*&Y#L%'.#)?&3#).%)*Q?X&0%5*&51X&*'"%&"#0%X&%L$S#)#%&)1/1&'#
U'#0%D&*&P#0&'1&(?L*%&*&-?9$%)P#(*D#X&L#&*&8*V&4$14%$?P*&(#&"%5&'"$#(*&H1&4$14%$?01
9*.1&'?&4%"4?(%&(#&')%D&D1'"?X&#.*&J?L*X&C.1L#5?Q*&?'0%&'#D%&')%51&*("1$1'1X&(*'?&*D#.*
4$#)%C&'D*'.#&/#&8*V&*&(*'?&*V&(*0#L&4$*D#.*&'$<?
R&%4#'(%'"&%L&H?$#0#&4%'"#5#.#&51&')#0*&L#(&)1Q#&*&')1&%P*C.1L(*5#&`L& ,&C%L&%(*&'?
L$S#.*&?&')%5*D&$?0#D#&(101&)#S(*51&0.#(<1&(#&*'"%0?&3%'.1&'D$"*&L1'4%"#&!"1)#(#X&0#L&51
).#L?&?&!$9*5*&4$*D*%&L1'4%"&c?$#>&0#%&D#>#$'0*&)#/#.X&(#4#.*&'?&H?$<*&81C%)1&/1DJ1X
 6@&C%L*(1X&*&%L(1.*&)*+1&4%91L#X&*&"%&(1&'#D%&(#L&!$9*D#X&(1C%&*&(#L&)%5'0%D&0$#J#
!*C*'D?(L#&-1'4%"&9*&(#"1$#(&L#&4$*/(#&*&"?$'0?&)$V%)(?&).#'"&*&L#&L#51&27777&L?0#"#
C%L*+81C&L#(0#&H#5&"?$'0*&?'41V&?&!$9*5*&4$%+*$1(&51&*&(#&;%'(?&B$#J&H)$"0%&91+1
4$*'*J1(&L#&*&%(&4.#Q#&L#(#0&H?$<*D#&B#0%&%(&"%&(*51&?P*(*%X&*.*&+"%&(*51&D%C#%&*.*&+"%
51&S1.1%&*/91Q*&%9#)1/*X&4%'1L%+1&H?$<*&(101&%L&81C%)*V&C$#L%)#&0%51&(1&/(#D%&4%&*D1(?
K1$%)#"(%&51&D1>?&8*D#&9*%&:%L*L51LX&(#L&L%.*(%D&3$#P1X&*&K$V9%'(#&?&'#$#51)'0%D&4%J?
[&(1)%J*X&0$#J&H)$"0%&'1&%9$#"*%&=.1<*D#X&L#&D?&L#L?&/#5#D&%L&A777&L?0#"#X&&0$#J
!*C*'D?(L&D?&?&"%D&4$#)<?&(*51&D%C#%&4%D%Q*X&51$&51&*&'#D&'"#.(%&9*%&?&(%)P#(*D
(14$*.*0#D#&&L#&9*&8*D&D%C#%&*'4.#"*"*&H?$01&*&%'.%9%L*"*&C$#L%)1&B$#J&51&?/&"%&5#)J#%
=.1<*D#X&0#0%&*&H?$<*&*&=#>#$*&"$#S1&%L&81C#X&L#&4$10*(1&)1/1&'#&8*D#&R.*&=.1P#(*
%L9*+1&81C%)?&D%.9?X&*/)*8#)#5?Q*&'1X&L#&?&%)%&)$1D1X&CL1&'?&/#?/1"*&(#&)*+1&'"$#(#X&(1
$#'4%.#S?&'&"%.*0%D&'?D%D
T#&/#4#L(%D&N$%("?&9%'#('01&L$S#)1&4%'"#L%+1&81(*&D%Q(*&'?'1L*&P.#(%)*&4%$%L*<1
o$#(0%4#(#&B$#J&!*C*'D?(L&91+1&/#.%S*%&/#&4%)1Q*&/#5#D&T*0%.*&o$#(0%4#(?&<1.#
3%J*<#X&#&%L& , A&L#%&51&(#54$1&:1$D#(?&d1J'0%D&4#&%(L#&o$#(0%4#(*D#&P*"#)&(*/
C$#L%)#&0#%&;*V#QX&!%0%X&Y*4#P&*&L$?C#&D1'"#&?&:$)#"'0%5X&?&b*<*&*&3%J*<*D#&!&L$?C1
'"$#(1&U)#(&T1.*4*Q&91+1&/#.%S*%&*&L#%&?&D*$#/&%L& @ A &')%5%5&0Q1$*&B#"#$*(*X
?L#"%5&/#&U)#(#&o$#(0%4#(#X&C$#L%)1&K*'?Q*X&`D*+X&B.*'&*&L$?C#&D1'"#&'#&<1"*('0%D
%9.#+Q?&*&_#P)*(?&'#&3%'?+51D&\#&"%&)$1D1&)%L*%&'1&L?C&'4%$&*/D1>?&3%J*P#(#&*
T1.*4*Q#X&0%5*&51&$1+1(&(#&+"1"?&4$)*V&*&0%5*X&')#0#0%X&(*51&D%C#%&?")$L*"*&J?9#)&*/D1>?
8*VX&4#&(*&*/D1>?&8*V%)*V&(#'.1L(*0# &[&4$%.1Q1& A7&L%>1&L%&51L(%CX&*'"*(#X
.%0#.(%C&#.*&)$.%&%4#'(%C&$#"#&(#&5?C?&9%'#('01&L$S#)1
&-?9$%)#P0#&Y14?9.*0#&91+1
$1+*.#X&2&(%)1D9$#& X&L#&(1L#)(%&%L&Y#L%'.#)#&3#).%)*Q#&0?4J1(*&C$#L&d#)"#"
4$1")%$*&?&C.#)(?&")$>#)?&B%(#)J#X&/#&')#0*&'.?P#5&d#)"#"&51&'#D%&51L(*D&D#.*D&L1.%D
/1DJ*+"#&'4%51(&'#&0%4(%DX&*(#P1&51&'#&')*V&'"$#(#&%40%J1(&D%$1D&Y#L*&"%C#&Y14?9.*0#
(#D*'.*X&L#&*&"#5&L1%&0%4(#&4$1'1P1&0#(#.%D&*&"#0%&(#4$#)*&%L&d#)"#"#&D#.%&%'"$)%&3$%"*)
"1&(#D1$1&?'"#L1&1(1$C*P(%&)%5)%L#&Y#L%'.#)&B#L&51&-?9$%)#P0#&Y14?9.*0#X&'&4$#)%DX
%L9*.#&"#5&4$%"1'"X&51$&'1&$#L*.%&%&D1$#D#&(#&81(%D&4%L$?P5?X&(#$1L*&Y#L%'.#)&L#&'1X&4%
?(#4$1L&'4$1DJ1(%D&4.#(?X&(#4#L(1&(#&-?9$%)P#(1&`0%&2&#4$*.#&$#/9*.*&'?&H$19*8<*X
4%L&)%>'")%D&Y#L%5#&h?9*+*Q#&h?9*9$#"*Q#X&(10#L#+81C&).#'(*0#&['0%4J#X&51L(?&(#&9$/?
$?0?&'#'"#)J1(?&L?9$%)#P0?&P1"?&*&4$%)#.*.*&'?&?&j?4?&4.1(1Q*&*&4?'"%+1Q*&H%&*/#/)#
-?9$%)P#(1&(#&)$.%&S*)?&#0<*5?&`(*&%LD#V&?4?"*+1&4%'.#('")%&*&D#>#$'0%D&*&9%'#('0%D
0$#J?&*&!#(L#J?X&L#&'1&"?S1&(#&Y#L%'.#)#X&(#&F"?&(#5C%$?&/D*5?X&0%5#&"$?51&')?&;%'(?&*&)#'
')1"F&[&*'"%&)$1D1&4%P1+1&L#&0?41&)%5'0?X&?&C.#)(%D&(#5#D(*P0?X&'#&')*V&'"$#(#&*/&%0%.*(1X
*/&\1"1X&4#&P#0&*&*/&U"#.*51&3%$1L&"%C#X&?41.*&'?&')?&')%5?&L*4.%D#"'0?&)1+"*(?X&L#&'")%$1
'#)1/&4$%"*)&Y#L%'.#)#X&?&0%5*&9*&?+.*&0$#J&H)$"0%X&!#(L#J&*&%(*&!#(L#J&51&'&4%P1"0#&9*%
)%J#(X&#.*&51&"$#S*%&%L&Y14?9.*01& 777&L?0#"#X&L#&'1&(#&3%$"*&*/$#L*&L%/)%.#&/#&(#4#L#5
4$%"*)&Y#L%'.#)#X&4%+"%&51&9*%&"?$'0*&+"*Q1(*0i&*&"$#S*%&51&?/&"%X&L#&?&C.#)(%D
-?9$%)P#(*&'(%'1&$#"(1&"$%+0%)1&-?9$%)(*0&51X&'#&')%51&'"$#(1X&"$#S*%X&L#&D?&'1&0#%
%+"1"#&/#&')1&?'"?4*&H$19*81&'#&<1.*D&b?C%D&\#&)$1D1&"*V&4$1C%)%$#&-?9$%)P#(*&'?
4%0?+#.*&L#&%$C#(*/?5?&51L#(&(#4#L#5&(#&H$19*81&*&4$%L$.*&'?&')1&L%&9.*/?&C$#L#X&#.*&'?&(#
4%)$#"0?&J?"%&'"$#L#.*&*&"%&(1&'#D%&%L&J?L*&Y#L%'.#)#&3#).%)*Q#X&(1C%&*&%L&4%L#(*0#


 

 A@
!#(L#J1)*VX&0%5*&'?&%)*D#&4$*'0%P*.*&?&4%D%Q&E4%P1"0%D&5?(#& A7G &3%'.1&"%C&4%$#/#
Y14?9.*0#&$1%$C#(*/%)#&')%5?&L%".1&(1&D(%C%&'5#5(?&)%5'0?&*&?)1L1&?&8?&4%)*+1&"#.*5#('0*V
0%(L%"51$#&=#>#$'0*&0$#J&(*51&D%C#%&?"*<#"*&(14%'$1L(%X&#.*&51&%LD#V&4$1L?/1%&*/)1'(1
D1$1&?&L?9$%)#P0?&0%$*'"&`(&'1&%9$#"*%&L1'4%"?&c?$>?X&0$#J?&9%'#('0%D&H)$"0?&*&)%5)%L*
!#(L#J?&4%/*)#5?Q*&*VX&L#&%(*X&0#%&'?'1L*X&4$*'0%P1&?&4%D%Q&-?9$%)#P0%5&Y14?9.*<*
K%5)%L#&Y#L%'.#)&9*%&51&?4?"*%&51L(%C&4%'.#(*0#&(#&3%$"?X&D%.1Q*&/#+"*"?&H*D&4%)%L%DX
7&5?.#& A7X&?4?"*%&51&'?."#(&=?$#"&')%51&4$)%&4*'D%&?&-?9$%)(*0X&4*'#(%&'$4'0*&*
Q*$*.*<%DX&0%$1Q*&Y14?9.*0?&+"%&51&4%P1.#&L#&/*L#&C$#L&F(#&D%D?&)1$(%D?&*&4$14%P"1(%D?
D*&)%1)%L#&Y#L%'.#)?&/1D.ÛF&*&+"%&D?&51&(#(1.#&*&L$?C1&+"1"1 
B#0%&51&L1'4%"&c?$#>&"#L#&'"#5#%&0%L&'?."#(#&)$.%&L%9$%X&*&9*%&D?&P#0&'#)1/(*0&4$%"*)
=.1P#(#X&"%&51&Y14?9.*0#&4$1L.%S*.#X&L#&!*C*'D?(L&4%/%)1&L1'4%"#X&L#&%L)$#"*&'?."#(#&%L
4%D%Q*&Y#L%'.#)?&-1'4%"X&'"#$*&4$*5#"1J&-?9$%)P#(#X&?4?"*%&*D&51&%0%&2&5?(#&4*'D%&[
81D?&%(&51&'#S#.1)#%&%(%&+"%&51&Y#L%'.#)&?P*(*%&*&%9#)1'"*%&*V&51X&L#&51X&4%&(#$1L9*
D#>#$'0%C&0$#J#&*&*/&J?9#)*&4$1D#&8*D#X&?4?"*%&(#'$"J*)%D&)%5)%L*&4*'D%&0%$1Q*&C#&/#
(#4#L#5&[&*'"%&)$1D1&?4?"*%&51&4*'D%&*&U'#091C?X&0%5*&51&4%L&3$*+"*(%D&'0?4J#%&)%5'0?
-?9$%)P#(*D#&51&*&'#&L$?C%C&$#/.%C#&9*.%&'"#.%&L%&"%C#X&L#&'1&L1'4%"&')%5'0*&/#?/D1&/#&8*V
K1/1&*/D1>?&c?$>#&*&!#(L#J#&9*.1&'?&L%'"#&'$L#P(1i&c?$#>&51&9*%&'1'"$*Q&!#(L#J1)1&L$?C1
S1(1&O1.1&R0%&'1&%(&*'"*('0*&/#?/D1&/#&-?9$%)(*0X&*D#Q1&"%&')%C&L1.%)#8#&*&(#&!#(L#J#&!
"%C#&8*V%)*&4%'.#(*<*&'#%4+"#)#5?&)%5)%L*&')#0?&4%)%J(?&)1'"X&0%5?&P?5?&'#&'D1L1$1)'0%C
L)%$#
B$#51D&5?.#X&(#&)1'"*&L#&51&Y#L%'.#)%)&4%'.#(*0X&$#L*&.#S(*V&)1'"*X&$>#)%&4$%+#%&0%L&U'#0
91C#X&!#(L#J&'1&)1Q&L%(10.1&9*%&/#C$15#%&/#&'#)1/&Y#L%'.#)&51&9*%&?)$1L*%&P*"#)?&81C%)?
4%$%L*<?X&+"%&51&!#(L#J1)?&'*(%)*<?X&#&')%5?&S1(?X&)$#"*%&?&$%L&K%5)%L#&'#L&4$1D#&81D?
(*51&*D#%&D(%C%&%9/*$#&Y#L*&"%C#&!#(L#J&51&?4?"*%&')%C&4%)1$1(*0#X&3$*9*'#)#&3%V)#.*Q#X
L1'4%"?&c?$>?X&L#&'1&'4%$#/?D1'&8*D[&*'"%5&D*'*5*&*D#%&'1&3%V)#.*Q&(#)$#"*"*&*&0%L
0$#J#&H)$"0#&R.*&%)#5&(*51&V"1%&L#&?>1&?&'#)1/i&(1+"%&'&"%C#X&+"%&'1&9%5#%&0%D4.*0#<*5#&'
H?$<*D#X&#&(1+"%&*&/#"%X&+"%&-?9$%)P#(*&(*'?&"$#S*.*&'#D%&0#/(?&/#&Y#L%'.#)#&*&81C%)1
4%L#(*01X&(1C%&*&51L#(&L1%&81C%)#&4%L$?P5#&'&H$19*81D&*&b?C%D&!#(L#J&51&P#0&51L(%&)$1D1
D*'.*%X&L#&%(&*&-?9$%)(*0&0?41&%L&'?."#(#&Y#L%'.#)%)%&4%L$?P51&/#&67777&L?0#"#i&#&4%'.1
'?&4%')1"*.*&?&"%&*&?)1.*&?&L$?+")%&*&0$#J#&H)$"0#&3$*'"#5?Q*&L#&'?L1.?51&?&"%D&4#/#$?X
0$#J&51&(#59%J1&4%0#/*)#%&0#0%&51&D#.%&/(#P*.#&81C%)#&'")#$(#&0$#J1)'0#&).#'"&*&0%.*0%&51
%(X&?&$%>1(%5&/1DJ*X&/#)*'*%&%L&L$?C*V&!)%51&4%L$?P51&%(&S1.*&L#&0?4?51&%L&3%$"1&*&51L(%C
')%C&).#'"1.*(#&(1&'D1&L#&0#/(*&91/&'?."#(%)1&L%/)%.1Ð
K%5)%L#&Y#L%'.#)&91+1&'1X&4$*$%L(%X&?4.#+*%&%L&)1'"*&+"#&'1&')1&'4$1D#&4$%"*)&81C#
]1C%)1&(#L1&?&D.1"#P0?&4%D%Q&4%"%(?+1&?&)%L?X&L%0&51&-?9$%)(*0&4$%"*)&81C#
/#*("1$1'%)#%&')1&'?'1L1&K%5)%L*(#&(#L#&L#&Q1&'1&H?$<*&/#?/1"*&/#&8&4$%"*)&-?9$%)(*0#X
0#%&D#>#$'0%C&+"*Q1(*0#X&4%0#/#&'1&*'"%&0#%&)1%D#&(1'*C?$(#&!&"%C#&(#D*'.*&L#&'1&'4#'#)#
_*D&51&P?%&L#&3%V)#.*Q&*L1&L1'4%"?X&?4?"*%&51&*&%(&51L(%C&')%C&P%)10#&(#&'D1L1$1)'0*&L)%$X
'&D%.9%D&L#&c?$#>&4%'$1L?51&/#&D*$&H#0%&*'"%&%9$#"*%&'1&*&!#(L#J?&U&L1'4%"&*&!#(L#J
%L#/)#.*&'?&'1&4%/*)?X&#.*&-?9$%)#P0#&Y14?9.*0#&(*51&S1.1.#&'4%$#/?D1)#81&'&Y#L%'.#)%DX
(1C%&81C%)?&4%"4?(?&4$%4#'"&-1'4%"&51&4%'$1L%)#%&*&(#&3%$"*X&*&4%&81C%)?&4$1L.%C?&H?$<*
'?&$1+*.*&L#&4%+#J?&?&;%'(?&51L(%C&')%C&P%)10#X&0%5*&9*&F(#&.*<?&D1'"#F&4$%?P*%&*&$1+*%
'4%$&R.*&"#&%L.?0#&$>#)%&51&L1.%)#.#&(#&0$#J#&H)$"0#X&0%5*&51&(1$#L%&C.1L#%&D1+#81
L1'4%"%)%&?&9%'#('01&'")#$*X&0#%&*&"%X&L#&H?$<*&(#&81C%)?&4%L$?P5?&)$+1&P*'"%&4$#)(1
4%'.%)1&*&L%(%'1&$1+18#&91/&*0#0)#&%9/*$#&(#&8&Y#L*&"%C#&%L9*5#&')1&L#J1&4$1C%)%$1&%
'#)1/?X&!#(L#J&51X&D1>?"*DX&4$*'"#%&L#&81C%)*&J?L*&'#$#>?5?&'&3%$"*(*D&*/#'.#(*0%D&`(*
'?&L%*'"#&*&4$*'?'")%)#.*&4$1C%)%$*D#&*/D1>?&4#$(*P#$#&B#L&51&'$1L*(%D&'14"1D9$#& A7
0$1(?.%&4$)%&L?9$%)#P0%&4%'.#('")%&(#&3%$"?X&%(%&'1&(#)$#"*.%&0%L&!#(L#J#X&L#&C#
%9#)1'"*&%&')%5*D&*('"$?0<*5#D#&R.*&%L&'$1L*(1&%0"%9$#X&%L(%'(%&%L&%L.#'0#&L?9$%)#P0*V
4%'.#(*0#&'#&U'#091C%)#&L)%$#&'?."#(?X&D18#&'1X&L%'"#&(#C.%&*&/#&-?9$%)(*0&(1%P10*)#(%X
*&!#(L#J1)#&%L.?0#&T#&81C#&'?&L1.%)#.1X&4%&(#+1D&D*+J18?X&?&C.#)(%D&'D?"81&0%51


 

 A
*/9*+1&?&;%'(*&?'.1L&L$S#8#&0$#J#&H)$"0#&3$*5#"1J*&!#(L#J1)*X&#&'?'1L*&L1'4%"%)1
!$19$1(*<1X&9%'#('0#&).#'"1.#&\.#"%(%'%)*Q*&91V?&9#+&?&"%&)$1D1&L%+.*&?&%+"#$&'?0%9&'
0$#J1D&[&51'1(& A7&0$#J&51&P#0&(#4#%&\.#"%(%'%)*Q1&&(%)1D9$#&*/5#)J*)#.#&51
-?9$%)#P0#&Y14?9.*0#&')%51&'#?P1+Q1&!#(L#J?&F$#L*&'.?P#5#&0%5*&51&/#L1'*%&K?0#+*(#
\.#"%(%'%)*Q#F&B#L&Y14?9.*0#&*/5#)J?51&'#?P1+Q1&!#(L#J?X&%(L#&51&5#'(%X&L#&'?
\.#"%(%'%)*Q*&'&8*D&?&)1/*&*&L#&51&(#4#L#5&(#&8*V&4%'$1L(%&4%C#>#%&*&81C#&*&L1'4%"#&c?$>#
B#%&%LC%)%$&(#&"#0)%&0$#J1)%&L$S#81&L%+.%&51&4$1C%)#$#81&*&'4$1D#81X&L#&'1&'")%$*&'#)1/
4$%"*)&81C#&M.#)(%&.*<1&?&"%D1&'#)1/?&9*%&51&!#(L#JX&#&?P1'")%)#.*&'?&*&(10*&L$?C*
)1.*0#+*X&0%5*D#&'1&V"1%&4$*L$?S*"*&*&)%5)%L#&Y#L%'.#)&*/&')%5*V&.#0%&$#/?DJ*)*V
$#/.%C#&[&)$1D1X&0#L&'1&(#5S*)J1&4$1C%)#$#.%&%&"%D&'#)1/?X&4%P1"0%D&D#$"#& A&C%LX
(#.#/*%&'1&?/&!#(L#J#&*&51L#(&*/#'.#(*0&L1'4%"%)X&P*5#&?.%C#&?&"*D&4$1C%)%$*D#&'*C?$(%
(*51&D#.#
[&/*D?& A7&)%L*.#&'1&(#&3%$"*&N%$D#.(#&4#$(*<#&*/D1>?&4$1"'"#)(*0#&)%5)%L1&Y#L%'.#)#
*&-?9$%)#P01&Y14?9.*01&K%5)%L#&Y#L%'.#)X&?)10&(1'0$?4?.%/#(&0#0%&51&9*%X&$#P?(#5?Q*&(#
"?$'0?&(1%9#)1+"1(%'"X&9*%&51&4%LD1"(?%&.#S(1&4%)1J1&L#&L%0#S1&0#0%&%(&B%(#)J1&(*51&9*%
4$%L#%&(1C%&'#D%&/#.%S*%&-?9$%)#P0*&4%'.#(*<*&?'41.*&'?&?")$L*"*&N#.'*N*0#"&*
*/#'.#(*0&Y#L%'.#)%)&9*%&51&4%'.1&"%C#&*/$?S1(&*&%(1D%C?Q1(&!?."#(&51&(#&"%&?4?"*%&?
-?9$%)(*0&(%)%C&*/#'.#(*0#X&L#&*/)*L*&+"1"1&*&L#X&0#0%&'1&P*(*.%X&$1+*&'4%$&?&8*V%)?
0%$*'"&B$#51D&5#(?#$#& A&'"*C#%&51&"#5&*/#'.#(*0&?&-?9$%)(*0X&L%P10#(&'#&')%D&4#S8%D
K%5)%L#&Y#L%'.#)X&%C%$P1(&*&(1'"$4J*)X&'"#%&51&%LD#VX&*/#&(10%.*01&(1L1J1X&L#&'1&')1"*
-?9$%)P#(*D#&(#&"#5&(#P*(X&+"%&51&4%P1%&(%)1&(#4#L1&*&4?'"%+18#&4%&8*V%)?&4%L$?P5?
K1$%)#"(%&L#&51&"*D1&V"1%&*&L#&*V&4.#+*X&L#&9*&*V&?P*(*%&D10+*D&/#&4$1C%)%$1X&0%51&*D&51
4%(?L*%&?&*'"%&)$1D1&4$10%&)%5)%L1&!#(L#J#
O1L(%D&*/#/)#(1&'"$#'"*&*&9%$91&(*'?&D%C.1&.#0%&L#&'1&'D*$1&`(1&P#0&4%P1+1&*&L#&'1
$#/9?0"#)#5?&_*"#)#&'")#$&L%9*&5%+&)*+1&/#%+"$1(%'"*X&0#L&'1&'#/(#.%&L#&D#>#$'0*&0$#JX
0#%&*&9%'#('0*X&(1$#L%&C.1L#&4%'$1L%)#81&3%$"1&`)#&51X&*'"*(#X&*'4?(*.#&L?9$%)#P01&S1J1
*&(#$1L*.#&Y#L%'.#)?&L#&%L'"?4*&0#%&%+"1"?&-?9$%)(*0?&H$19*81&'&b?C%D&*&S?4?&K$D&'
B.%9?0%D&R.*&0#L&)%5)%L#&(*51&V"1%&L#&*/)$+*&"?&4%$?0?X&'?."#(&(*51&0$1(?%&(#&8&)%5'0?X
0#0%&'1&Y14?9.*0#&(#L#.#X&*&0#0%&9*&51L*(%&9*.%&D%C?Q1&L#&'1&<#$'0#&(1&4%$10(1&`L.?0#
3%$"1&L#&*'4?(*&S1J1&-?9$%)P#(#&$#/5#$*.#&51X&D1>?"*DX&'*.(%&Y#L%'.#)#&`(&51&J?"
0.*0(?%X&L#&51&%(&'#D&'?."#(&*&L#&(1&4$*/(#51&C%'4%L#$#&(#L&'%9%Di&#&%(L#&'1X&4$*$%L(%X&)$.%
9$/%&(#+#%&?&"#9%$?&%(*VX&0%5*&'?&)%L*.*&#("*"?$'0?&4%.*"*0?&K1Q&,&'14"1D9$#& A
*/)1+"#)#5?&-?9$%)P#(*&D#>#$'0%C&0$#J#X&L#&51&Y#L%'.#)&.*P(%&9*%&0%L&H)$"0#&II&*&L#&'1
*/D*$*%&'&8*D&Y1/?."#"&"%C&*/D*$18#&%'1"*%&'1&%LD#V&9%'#('0*&0$#J&?4?"*%&51&?
-?9$%)(*0&')%C&4%'.#(*0#X&4%"?S*%&'1&$#L*&)1/#&Y14?9.*01&'&3%$"%DX&0%51&'?&%"*+.1&)$.%
L#.10%X&*&"%&(#&+"1"?&81C%)1&L$S#)1i&*/5#)*%&51X&L#&(1&4$*/(#51&"?>1&%L.?01&0%5%D&9*&'1
9%'#('0%&/1DJ*+"1&?'"?4#.%&-?9$%)(*0?X&*&L#&Q1&')#0*&4%0?+#5&%'")#$18#&"1&%L.?01
'D#"$#"*&0#%&(14$*5#"1J'")%&[&*'"%&)$1D1X&4$14$1L1(&0#0%&51&9*%X&Y#L%'.#)&51&4%(%)%
4%'.#%&(#&3%$"?&')%C&*/#'.#(*0#&'#&2777&L?0#"#X&L#&D*"%D&*&')*D#&L$?C*D&'$1L'")*D#
*/D1(*&"?$'0?&%L.?0?&M.#)(*&$#/.%C&4$%"*)&Y14?9.*01&9*%&D?&51&"#5X&L#&'1&-?9$%)(*0
(#.#/*&4%L&D#>#$'0%D&)$V%)(%D&).#+Q?&*&L#&?'"?4#81&Y#L%'.#)%)#&/1DJ*+"#&81D?&/(#P*&?
'")#$*&4%'$1L(%&5#P#81&=#>#$#&H?$'0#&C%'4%L#&(#&3%$"*&4$*D*+1&L%*'"#&"1&$#/.%C1&*
%4%$10%+1&$#(*51&L%(1'1(?&%L.?0?X&(#&$#/?DJ*)%&/#4$14#+Q181&L?9$%)#P01&).#L1

\#&L1'4%"#&c?$>#&/(#D%X&L#&51&?&"%&)$1D1&4$1L?/1%&(1+"%&4$%"*)&;%'(1X&%L(%'(%X&0#0%&'?
-?9$%)P#(*&C%)%$*.*X&L#&51&?P*(*%&F*/)1'"#(&'0#(L#.F&4$1D#&9%'#('0%5&0$?(*&EF & 

 & &


 &
 &€ y &
& &
& FG&[&P1D?&'1&"#5&F'0#(L#.F&'#'"%5#%&(*51
(#D&*/9.*S1&4%/(#"%X&#.*&L#&51&9*%&%/9*J(*51&4$*$%L1&')1L%P*&"%X&+"%&51&$#L*&81C#&9*.#
%9?'"#)J1(#&L?9$%)#P0#&"$C%)*(#&0$%/&;%'(?&`)#&0$#"0#&)1'"&(1&L#51&L%)%J(%&%9#)1+"18#
(*&%&"%DX&0#0#)&51&(14%'$1L#(&4%)%L&"%C#&'0#(L#.#i&#.*&?&0#0)%5&51&#"D%'N1$*&/#P1"&"%&'D%
)*L1.*X&*&L$S*D%&L#&(1&C$1+*D%X&0#L&D?&D%"*)1&(#.#/*D%&?&4$%"*)(%'"*D#X&0%51&'?&*/#/)#.*


 

  7
L%C#>#5*&B%(#)%'0%C&Y#"#&!?0%9&4%P1"&'#&\.#"%(%'%)*Q*D#&$#/)*5#%&'1&?&4$#)*&$#"
K%5)%L#&!#(L#JX&4$*5#"1J&L1'4%"%)X&(#+#%&'1&4%'.1&D#.%&$#/D*+J#8#&(#&81C%)%5&'"$#(*&`
4$%.1Q?X&D1'1<#&#4$*.#X&?&-?9$%)(*0?&'1&/(#.%X&L#&'?&%L(%'*&*/D1>?&L1'4%"#&*&0$#J#&)1%D#
/#41"*X&51$&51&0$#J&%"1S#)#%&"$C%)*(?&8*V%)*V&J?L*&'#&!$9*5%D&4$10%&;%'(1X&4#&51&P#0&*/L#%
*&(#$1L9?&L#&'1&/#")%$1&4?"1)*&7&D#5#&L#.*&'?&-?9$%)P#(*&?4?"'")#&')%5*D&4%'.#(*<*D#
0%L&0$#J#X&L#&'1&4%S#.1&(#&"%&*&L#&/#D%.1&*/D1(?&%L.?01X&4%+"%&%(#&?&'")#$*&)*+1&4%C#>#
8*V&(1C%&L1'4%"#&!#(L#J&51&/#&"%&)$1D1&')1&)*+1&V.#L(1%&4$1D#&0$#J?X&0%5*&*'"%&"#0%&(*51
*D#%&4%)1$18#&4$1D#&81D?
B#L&51&'?0%9&*/D1>?&0$#J#&*&L1'4%"#&*/9*%&(#&51L(%D&4*"#8?X&%(&'1X&4$*$%L(%X&4$%+*$*%&*
(#&%'"#.#&3$1LD1"#&/#&$#'4$?&9*.%&51&L%'"#&H?&51X&L#&')1&L$?C1&%'"#)*D%&4%'"$#(*X&9%C#"#
!$19$1(*<#X&0%5?&9%'#('0*&0$#J&(*0#0%&(*51&D%C#%&L#&4$1S#.*&H#0%&51&?&0#'(?&51'1(& A
L%*'"#&*&L%+.%&L%&$#"#i&D#.%&4%'.1&"%C#X&+"%&51&-?9$%)#P0#&Y14?9.*0#&'0.%4*.#&D*$&'#
Y#L%'.#)%DX&)*L1Q*&L#&%L&81(*V&4.#(%)#&/#&"1$*"%$*5#.(?&%+"1"?&(1D#&(*+"#&[&(%)%D&$#"?
'?&?P1'")%)#.*&0#%&4$%"*)(*<*&(#&51L(%5&'"$#(*&0$#J&*&L1'4%"X&0%5*&'?&'1&9%$*.*&%0%&-$*(1i
#&(#&L$?C%5&!#(L#J&*&)%5)%L#&Y#L%'.#)X&%&P*5*D&)%5(*P0*D&'?0%9*D#&(1D#&4%D1(#
-?9$%)#P0#&Y14?9.*0#&*/L#.#&51&')%5*D&"$C%)<*D#&?&K*'%0%D&&(%)1D9$#&(#$1L9?X&L#&(1
'D15?&?/1"*&<#$*(?&%.%)'0?&L%0&'1&(1&4%D*$1&8*V&L)%5*<#X&0%5*&'?&"?&*D#.*&/#51L(*P01
*("1$1'1
[&/*D?& A&(14$*5#"1J'")#&'?X&/9%C&(1/C%L(#&)$1D1(#X&9*.#&4$10*(?"#X&L#&'1&4%(%)%
(#'"#)1&(#$1L(1&C%L*(1&_*D&51&4$%.1Q1&%'.#)*.%X&?&L$?C%5&4%.%)*(*&D#$"#X&)%5)%L#&Y#L%'.#)
'1&(#.#/*&(#&*'"%P(%5&C$#(*<*X&?&=1L)1>%5X&#&9%'#('0*&0$#J&0$#51D&#4$*.#&%0%&\)%$(*0#&[
*'"%&)$1D1&0$#J&H)$"0%&51&'"?4*%&?&"1+81&)1/1&'&D#>#$'0*D&0$#J1D&*&'#%4+"*%&D?&<1%
$#/)%5&L%C#>#5#&-1'4%"&51&)1Q&"#L#&4$1C%)#$#%&'#&H?$<*D#&%&?L#5*&')%51&0Q1$*&=#$1&/#
'?."#(#X&%P1)*L(%&'&(#D1$%DX&L#&4%5#P#&')%5&4%.%S#5&(#&3%$"*&B#%&D?L#$&4%.*"*P#$X&%(X
'?9.*/?&?&*'"%&)$1D1X&?L#5%D&L$?C1&0Q1$*&/#&[.$*V#&d1J'0%C&$#/)*5#&)1/1&*&?&=#>#$'0%5X&(1
S1.1Q*&L#&=#>#$1&L%9*51&0#%&4$%"*)(*01X&(#$%P*"%&(1&?&9%'#('0%D&4*"#8?&R.*&(#&)1/1&'
H?$<*D#&4%.#C#%&51&?&%)#5&D#V&)*+1&!#&!#(L#J1D&/#51L(%&V"1%&51&L#&'1&4%C%L*&'&8*D#X&4#&L#
*.*&L%9*51&*.*&P#0&F0?4*F&%L&8*V&;%'(?
\#&"?$0%N*.'0?&%$*51("#<*5?&"#L#+81&4%.*"*01&0$#J1)*V&4$%"*)(*0#&C%)%$*&5%+&*&"%X&+"%
'1&0#%&4$1"1(L1("&(#&0$#J1)'0*&4$1'"%X&4$%"*)&H)$"0#&IIX&5#)J#&?&%)%&)$1D1&Y#L*)%5X
F(1/#0%(*"*F&'*(&!"14#(#&`'"%51&3$)*&4%D1(&%&81D?&0#%&4$1"1(L1("?&*D#D%&%L&,X
'14"1D9$#& A&C%LX&L#0.1&9#+&?&)$1D1&B%(#)%'0%C&Y#"#&Y#L*)%5#&'?&4%D#C#.*&H?$<*
'#')*D&%")%$1(%&U&L1'4%"&*&!#(L#JX&0#L&(*51&9*.%&D%C?Q(%'"*&L#&L$?0P*51&$1+1&%)%
4*"#81X&4$*'"#L%+1&4%'.1&L#&L%(10.1&4%D#S?&Y#L*)%5#i&'#D%&51&"#&4%D%QX&*/&)*+1&$#/.%C#X
9*.#&'#&4$*.*P(%&?/L$S#)#8#
[&L$?C%5&4%.%)*(*&5?.#&D1'1<#& AA&?&-?9$%)(*0?&'1&P?.%X&L#&51&L1'4%"&4$%L$%&(#&/1DJ*+"1
9%'#('0%C&0$#J#&3$1)$"J*)*&)%5)%L#&Y#L%'.#)&P*D&51&)*L1%X&L#&'1&%9$Q1&'$1Q#&0$#J?
H)$"0?X&(#+#%&51&(#P*(#&L#&'1&'D*$*&'#&!#(L#J1DX&#&D#.%&4%'.1&/#D%.*%&51&-?9$%)P#(1X&)1Q&?
L$?C%5&4%.%)*(*&#)C?'"#X&L#&'1&/#?/D?&/#&8&0%L&L1'4%"#&c?$#>X&0%5*&51&S1.1%&L#&'0$+*&'#D%
0$#J#X&9$/%&4$*'"#51&L#&'1&*/D*$*&'#&Y#L%'.#)%D&*&-?9$%)P#(*&)1Q&7&'14"1D9$#&5#)J#5?&'
"%D&')%5%5&).#L*&T#&Y#L%'.#)#&51X&(1'?D8*)%X&D(%C%&L1.%)#%&*&'"$#V&%L&H?$#0#X&0%5*&'?X
"%9%S1&L#&4%D#S?&Y#L*)%5#X&?+.*&?&;%'(?&-1'4%"&51&"%D&4$*.*0%D&%')%5*%&%9.#'"
\.#"%(%'%)*Q#&?&L%.*(*&!4$1P1X&*&/#L$S#%&51&*/)1'(%&)$1D1&?&')%5%5&).#'"*&K$.%&51
)1$%)#"(%X&L#&'?&\.#"%(%'%)*Q*&*&4%D#C#.*&L1'4%"#&?&$#"?&4$%"*)&H)$"0#&0#%&')%C
(14$*5#"1J#&Y#"%)#81&51&L1'4%"&4$10*(?%X&*/C.1L#X&"10&%(L#X&0#L&51&9*%&%9#)1+"1(X&L#
D#>#$'0*&0$#J&'4$1D#&4%D%Q&')%D&+"*Q1(*0?
T%)*&4$1"1(L1("&Y#L*)%5&9*%&51&%S181(&0Q1$5?&).#'"1.*(#&T*0%.1&K1.*P0%CX&C%'4%L#$#
51L(%C&L1.#&C$#L%)#&K1.*01&*&31"(1&?&4%S1+0%5&S?4#(*5*i&#&'#D&51&L$S#%&K$#(L?0&*&C$#L
!%0%&?&C$#P#(*P0%D&'$1/?X&?&['%$*X&*&5%+&(101&%9.#'"*&;1$"$#(L%(&L1&.#&;$%0*51$
4$*P#X&L#&51&(#&'?."#(%)?&L)%$?&)*L1%& A&C%L&F(10#0%C#&C%'4%L*(#&*/&0$#J1)*(1&;%'(1X


 

  
0%5*&91+1&L%+#%&0&'?."#(?&L#&D?&4$1L#&"?&0$#J1)*(?&]1C#&4%'#L*+1&(#&L*)#(#(?X&?&$1L&'
4#+#D#X&#&%(&"$#S#+1&%L&'?."#(#&4%D%Q&4$%"*)&0$#J#&9%'#('0%CX&")$L1Q*&L#&"#&0$#J1)*(#
81D?&4$*4#L#F&K$.%&51&)1$%)#"(%X&L#&51&"%&9*%&'#D&Y#L*)%5&]1C%)*&*/C.1L*& AA&C%L
(*'?&9*.*&$>#)*X&51$&D?&-?9$%)#P0#&Y14?9.*0#&*(#P1&'*C?$(%&(1&9*&'.#.#&4%0.%(1&*
L#$*)#.#&81C%)1&4%'.#(*01X&0#%&+"%&51&?P*(*.#&N19$?#$#&*&'14"1D9$#&"1&C%L*(1&R.*&'1&)1Q
 A &C%LX&'*"?#<*5#&*/D1(*.#&(#&81C%)?&+"1"?&H%&51&9*.%&*/&)*+1&$#/.%C#&U'"*(#X&?&.1"%&"1
C%L*(1X&U'#91CX&'*(&U'#0%)X&P)$'"%&'1&L$S#%&?&;%'(*X&#.*&'1&?&#)C?'"?&/(#.%X&L#&'1&'4$1D#
D%Q(#&D#>#$'0#&)%5'0#X&'#&=#"0%D&H#.%)<1D&`(#&51&L%*'"#&*&'"*C.#&*&L#.10%&4%"*'(?.#
H?$01X&4$1%"1)+*&)#S(*&C$#L&:%L*L51L &_*(*&'1X&L#&'1&H)$"0%&9*%&?4.#+*%&%L&$#(*5*V
"?$'0*V&?'41V#&*&L#&*D&'1&9*%&'#D&4%(?L*%&O1$&'#D%&"#0%&D%S1D%&$#/?D1"*&4%V)#.?
!*C*'D?(L%)?&?4?Q1(?&=#"0?X&L#&D?&51&%(&L%)1%&H)$"0#&F4$1L&.*<1&(#+1C&)1.*P#('")#FX&?
3%S?(
U'"%C&.1"#&)%5)%L#&!#(L#J&51&L%+#%&?&'?0%9&'&D%Q(*D&O?$51D&K%5'#.*Q1DX&'*(%)<1D
:$)%51)*D&*&C%'4%L#$1D&-%8*V&B$#51)#X&*&(*51&*D#%&'"#$1&'$1Q1&4$*&"%D&!1)1$(%&%L
T1$1")1&*&(#&'#D%5&T1$1")*&81C%)1&'?&P1"1&9*.1&4%"*'(?"1&[&%L'?'")?&0$#J#&H)$"0#&'#D
K%5'#.*Q&51&&#)C?'"#& A &*/L#%&4%)1J?&9$#Q*&Y#L*)%51)*Q*D#X&0%5%D&*D&4%")$>?51
4%$%L*P(1&4%'1L1&'&C$#L%)*D#&K$#"#$1DX&T%)*D&*&B$?+1)<1DX&F?&)'1D)X&?&P1D¯&*V¯
/#'"#'D%X&?&L$¯S#(¯Û&*.*&!$¯9.*(?&*.*&K.#V?F&!1D&"%C#&*D&51&)$#"*%&8*V%)1&4%'1L1X&0%51
*D&91+1&%"1%&!#(L#JX&'&(10*D&8*V%)*D&J?L*D#&*&'1.*D#X&L1%&L$*51)'01&<#$*(1&*&(101
).#+01&0#"?(1&K%5'#.*Q&51X&0#%&).#L#$X&?&:$)%51)%5&"$#L*<*5*X&L#%&"%&Y#L*)%51)*Q*D#&'#L
0#%&')%5*D&J?L*D#&[&4%)1J*&'1&(*&51L(%D&51L*(%D&$1P5?&(1&4%D*81&0$#JX&(1C%&'1&4%/*)#&(#
.*'"*(1&F0%1&*D#Û&¨L¯&C%'4%L1&9%'#(¯'01&*&(#+*V¯&4$¯)*V¯F&T#&?P*81(1&4%0.%(1X&%L(%'(%
4%)$#Q#51X&L#%&51&)1$?&'#D&O?$#5&'#&')%5%D&).#'"1.%DX&FL#&*D¯&'1&"%&/C%$#&4*'#(%&(#&D%$1
4%$1Q*&(*&4$1")%$*"*&(*&?/1"*&(*0#L#$1X&(*&/#&1L(?&(*V¯&/C$*V?&(*&0$*)*(?X&ã%&*V¯&(1&9*
¨4*"#¨&C%'4%L*(¯&)*0#$¯&'&N$#"$*&*&'&(#D*&(#+*&L%9$*&.?L¯1F
&!#D&!#(L#J&(*51
L%'41%&L#&4%)$#"*&"#5&*/C?9J1(*&L1%&[&4%'.1L81&)$1D1&P1+Q1&51&4%9%J1)#%X&#&2&D#$"#
 A2&9*%&51&)1Q&D1>?&4%0%5(*D#&=1>?&%(*D#X&0%5*&'?&4$*'41.*&L#&D?&%L#5?&4%'.1L8?&4%P#'"X
(#.#/*%&'1&*&Y#L*)%5
B#%&(#'.1L(*0&!#(L#J1)&5#)*%&'1&81C%)&'*(%)#<X&!"14#(&K?0P*QX&P%)10&5#01&)%J1&#.*&%4#01
Q?L*&[&9%'#('0%5&V*'"%$*5*&'$1L*(%D&^a&)10#&%(&51&(1'?D8*)%&51L(#&%L&(#5/#(*DJ*)*5*V&*
(#50$?4(*5*V&.*P(%'"*&Y%L*%&'1& 7 2&C%LX&#&%S1(*%&'1&  i&9*%&51&'#LX&0#L&51&(#'.1L*%
')%C&'"$*<#X&?&(#4%(?&'(#C1&O%+&$#(*51X&4$1&(1C%&51&4$*D*%&).#'"X&%(&51&'&H?$<*D#&%L$S#)#%
L%9$1&)1/1X&#&P*D&51&4%P1%&L#&).#L#&4%(?L*%&'1X&4$10%&-?9$%)(*0#X&0#%&)1$#(&)#/#.&*
D#>#$'0%D&0$#J?&UD#%&51&*&'(#C1&*&'4$1"(%'"*X&#.*&D%$#.#&'0%$%&(*D#.%&-%&'D$"*
!#(L#J1)1&(*51&'1&*'"*<#%&*&%&81D?&(1D#&4%L#"#0#&"#0)1&)$'"1X&L#&9*&'1&D%C.%&C%)%$*"*&%
81C%)%D&0#$#0"1$?&R.*&%"0#0%&51&L%+#%&(#&).#'"&%(&51&*/(1(#>*)#%&')1"&')%5*D
91/%9/*$(%+Q?X&0%5%D&51&*/#/*)#%&'?0%91&(1&'#D%&'#&')*D#&'?'1L*D#X&(1C%&P#0&*&?&$%>1(%5
4%$%L*<* 
B$#J&H)$"0%&L%'41%&51&4%P1"0%D& A2&C%L&(#&L)%$&0$#J#&!*C*'D?(L#&F&
&
 
 

&
 FX&CL1&'1&(#+#%&*&L1'4%"&c?$#> &U/C.1L#X&L#&51&"%D&4$*.*0%D&L%+.%&L%
*/D*$18#&*/D1>?&0$#J#&*&L1'4%"#X&0%5*&51&*4#0&/#L$S#%&?/1"1&%9.#'"*&[&5#(?#$?& A2&9*%&51
H)$"0%&?&;1P?X&#&?&D#$"?&(#&L$S#)(%D&'#9%$?&?&3%S?(?&H#D%&C#&51&'"*C.#&)1'"&*&%
!#(L#J1)%5&'D$"*&!#&/(#"(*D&%.#0+#81D&D%C#%&'1&%(L#&H)$"0%X&4%D#C#(&%L&D#>#$'0%C
0$#J#X&4%)$#"*"*&4%P1"0%D&D#5#&?&;%'(?X&L#&*'0%$*'"*&'D$"&')%C&5#0%C&4$%"*)(*0#&*&L#
?P)$'"*&')%5&4%.%S#5&B$#J1)&4%)$#"#0&9*%&51&4%"$19#(&*&$#L*&"%C#X&+"%&51&81C%)
4$%"*)0#(L*L#"&Y#L*)%5X&?L$?S1(&'&9*)+%D&0$#J*<%D&B?5#)%DX &D%C#%&5#P1&?P)$'"*"*
')%5&4%.%S#5&*&%(1D%C?Q*"*&H)$"0#
T1&/(#5?Q*&0#0#)&Q1&9*"*&!#(L#J1)&(#'.1L(*0X&D(%C*&%L&'"#$*V&(14$*5#"1J#&4%$%L*<1
B%'#P#&4%S?$*+1&L#&*'0%$*'"1&!#(L#J1)?&'D$"&*&(#4#L(?&81C%)%&4%L$?P51&=1>?&4$)*D#
5#)*&'1&?)10&%4#'(*&*&(14%?/L#(*&)%5)%L#&Y#L%'.#)&3#).%)*QX&0%5*&*/#/)#&?'"#(#0&?


 

  
L$#P1)*P0%5&S?4*&!&L$?C1&'"$#(1&(#&!"514#(#&'1&L*S1&/#4#L(#&V?D'0#&).#'"1.#X&0%5#&V"1L1&L#
'1X&4%D%Q?&=#>#$#X&%'.%9%L*&%9#)1/#&4$1D#&B%'#P#D#&=1>?&"%D&).#'"1.%D&(#.#/*.*&'?&'1&*
Y#L*)%51)*Q*&`9#)1+"1(&%&"%DX&#&'*C?$(%&/#D%J1(&*&/#&4%D%Q&%L&8*VX&0$#J&!*C*'D?(L&51
$1+*%X&L#&4%L?4$1&8*V%)&?'"#(#0&!*C*'D?(L&*&=#>#$*&4%.#C#.*&'?&'"#.(%&')%51&4$#)%&(#
:?D&O%+&*&4$1&!#(L#J1)1&'D$"*X& AA&C%LX&?&51L(%D&4$#)(%D&#0"?&(#C.#+1(%&51X&L#&'1&/(#
F&
& ‚u X& X&l y && X&È&&& & &v&l
 
&l


& 
&  &x &v &~ &  &&

  & & & 


†  #F &K1Q&A&D#$"#& A2&!*C*'D?(L&51&4*'#%&-?9$%)#P0%5&Y14?9.*<*X&L#&4%D%C(1
?'"#(*01X&0%5*&'?&(10#L&9*.*&81C%)*&4%L#(*<*&*&'#L&"%&4%(%)%&S1.1&L#&4%'"#(? &R4$*.#
,&4%/)#%&51&'#D&U)#(#&*&!"514#(#&o$#(0%4#(#X&L#&/#?/D?&V?D'0?&/1DJ?&4%D%Q?&9%'#('0%C
0$#J#X&O?$5#&K%5'#.*Q#X&U)#(#&T1.*4*Q#&*&0$9#)'0*V&0(1/%)#&F& 
& && 
 #& &
 & 

& &È&
   &!#(L#J1)#&'D$"&%'.%9%L*.#
C#&51&51L(%C&(14$*5#"(%C&*&')%51C.#)%CX&#&D%Q(%C&)#/#.#i&81C%)%D&(#'.1L(*0?X&D*'.*%&51
D#>#$'0*&0$#JX&(1&"$19#&L#"*&4$*.*01&L#&%L$S*&'"#$?&'(#C?&!&"%C#&*D1(%)#&=#"0#&H#.%)<#
0#%&(%)%C&?4$#)(*0#&/#&:?D&3%$1L&"*V&(14$*5#"1J#&?&/1DJ*&*&(#&D#>#$'0%D&L)%$?&5#)*+1&'1
5%+&*&(%)*&=.1"#P0#&Y14?9.*0#&91+1&)1Q&4%P1.#&4$1C%)%$1X&L#&'1X&D*.%D&*.*&'*.%DX&L%P14#
T%)%CX&C.#)(1&:$#(*Q1)1&.?01&(#&D%$?
-?9$%)#P0#&Y14?9.*0#&?/#.?L&51&4%0?+#)#.#X&L#&(#&D#>#$'0%D&L)%$?&'")%$*&4%)%J(*51
$#'4%.%S181&/#&!"514#(#&B$#J&!*C*'D?(L&'1&(*51&L#%&4%0%.19#"*&B#L&D?&'1&?0#/#.#
4$*.*0#&L#&'0$+*&51L(%C&5#0%C&).#'"1.*(#&?&(14%0%$(%5&;%'(*&81D?&'1&P*(*.%&0#%&C$1V&(1
?P*(*"*&"%&-%D#.%X&D#>#$'01&'?&P1"1&L%*'"#&?4#.1&?&!"514#(%)?&%9.#'"X&4$%L$.1&')1&L%
T1$1")1&*&4%'1.1&"%D&4$*.*0%D&*&)#S(%&-$*51)%
[&(1)%J*X&(#4#L(?"&'&)*+1&'"$#(#X&)%5)%L#&!"514#(&'1&%9$#"*%&/#&4%D%Q&H?$<*D#&`)*&'?
L%*'"#&*&'"*C.*i&*'"*(#X&?&D#.%D&9$%5?&;*.%&*V&51&')1C#&277X&4%L&)%>'")%D&;#$#0#X&'*(#
U'#91C%)#&!#&!"514#(%)%D&)%5'0%D&H?$<*&'?&%LD#V&(#4#.*&4%L$?P51&3#).%)*Q#&T#
L?9$%)#P0%&/1DJ*+"1&(#C$(?+1&*/91C.*<1&*/&"$19*8'0%C&0$#5#&"#0%&*&"%.*0%X&L#&Y14?9.*0#
A&'14"1D9$#&/#9$#(*&L#J1&4$*D#81&91C?(#<#&H?$'01&P1"1&%'"#.1&'?&"?&')1&L%&4$)*V&L#(#
(%)1D9$#&4J#P0#5?Q*&*&+*$1Q*&'"$#V&*&D1"1SX&4#&'?&'1&%(L#&4%)?0.1&?&:%L*L51L&0%L
!#$#51)#X&CL1&'?&*D#.1&%P1)*L(%&')%5?&9#/?&3$1L&H?$<*D#&4%91C.*&'?&*&D#>#$'0*&J?L*&*/
-$*51)#X&(1D#5?Q*&(*&'(#C1&(*&'D1.%'"*&L#&'1&?4?'"1&?&9%$9?&K%5)%L#&!"514#(&51&"#0%&%'"#%
4%91L*.#<X&*#0%&?&)1.*0%5&*&%P*C.1L(%5&%9#)1/*&4$1D#&H?$<*D# 
;#$#0&51&?&4$%.1Q1& A,&(#'"#)*%&')%51&?P)$+Q*)#81&?&'$1L*+8%5&;%'(*&!"514#(X&0%5*&51
4$%L?S*%&$#"%)#81&'&Y#L%'.#)%DX&%'"#%&51&'&8*D&/#&')#0*&'.?P#5&?&L%9$*D&)1/#D#
-?9$%)P#(*&"%&/(#5?&*&0#L&0$#51D&D#$"#& A,&4%.#/*&8*V%)&51L#(&4%'.#(*0&)%5)%L*&;#$#0?X
%(&')$#Q#&?&;.#C#5&*&0%L&)%5)%L1&!"514#(#X&L#&L%9*51&81C%)?&4$14%$?0?&-)#&8*V%)#
"$C%)#P0#&0#$#)#(#X&C%81(#&%L&H?$#0#X&D%C.#&'?&'1&'4#'"*&'#D%&/#+"*"%D&!"514#(%)*V&J?L*X
?&51L(%D&%L&81C%)*V&C$#L%)#&!"514#(%)%&4%'$1L%)#81&*D#.%&51&?'41V#&*&?9$/%&51&'"*C.#
4%$?0#&?&-?9$%)(*0X&L#&Q1&8*V%)%&4%'.#('")%&9*"*&4$*DJ1(%&%L&H?$#0#&K1Q&A7&D#$"#
4$*'41%&51&?&C$#L&!)&K.#V#&*&51L#(&;#$#0%)&*/#'.#(*0X&L%P10#(&'#&')%D&4%/(#"%D
L?9$%)#P0%D&'.#"0%$1P*)%+Q?
-$?C%C&4$*5#"1J#&*&P#0&'#)1/(*0#&(#>1&!"514#(&?&V$)#"'0%D&0(1/?&U)#(?&o$#(0%4#(?
d1"*('0*&0(1/&U)#(&T1.*4*Q&91+1&?D$%&?&L$?C%5&4%.%)*(*& A X&(1&%'"#)*)+*&D?+0%C
(#'.1L'")#&]1C%)?&9#+"*(?&4$*D*&0Q*&D?&B#"#$*(#&*&81(&D?S&U)#(&o$#(0%4#(&B$#J
!*C*'D?(L&%'4%$*&4$#)%&(#&(#'.1L'")%&B#"#$*(*&*&o$#(0%4#(?&*&4%/)#&*VX&L#&D?&4$1L#L?
%9.#'"&T1.*4*Q#i&#&0#L&%(*&"%&%L9*+1X&4%/*)#5?Q*&'1&(#&$#(*51&0$#J1)1&%L$1L91&?&8*V%)?
0%$*'"X&%(&*V&4%P1"0%D& A,&4$%C.#'*&/#&%LD1"(*01&=#"0%&H#.%)#<&L%9*&(#$1L9?&L#&*'"?4*
4$%"*)&8*VX&#&0#%&(#C$#L#&9*&D?&%91Q#(%&')1&%(%&+"%&%"D1&9#(?&U)#(?&3$*$%L(%&51&9*.%X&L#
"#0#)&4%'"?4#0&=#>#$#&L%)1L1&?&"1+8?&)1/?&)%5)%L?&!"514#(#&*&o$#(0%4#(#&K1Q&'?&&5?(#
-?9$%)P#(*&D%C.*&5#)*"*&D#>#$'0%D&0$#J?X&L#&51&*/D1>?&!"514#(#&*&U)#(#&L%+.%&L%
'4%$#/?D#X&4#&P#0&*&L%&$%L9*('01&)1/1i&*&L#&51&8*D#&(1D%C?Q1X&91/&%C$%D(1&%4#'(%'"*X


 

  A
%L#/)#"*&'1&0$#J1)?&4%/*)?&*&4%Q*&?&$#"&4$%"*)&o$#(0%4#(# &[&"%D&$#"(%D&4%V%L?
=#>#$#&4$%"*)&V$)#"'0%C&0(1/#&*&!"514#(&51&?P1'")%)#%&'#&')%5*D&4%D%Q(*D&P1"#D#&(#
'"$#(*&o$#(0%4#(#&;%$91&'?&*'4#.1&(#&+"1"?&'#)1/(*0#&T1(#L(%X&0$#51D& A,&(1'"#51
U)#(#i&#&)1Q&A&5#(?#$#& A6&81C%)#&?L%)*<#&4$1L#51&=#"0?&')1&/1DJ1&*&4%'1L1&')%C&%<#&*
D?S# &U#0%&(1'$1Q#(&4%&o$#(0%4#(1X&"#5&51&'?0%9X&L%(10.1&9#$X&%.#0+#%&!"514#(%)
4%.%S#5X&51$&51&/#L$S#%&=#>#$1&(#&L$?C%5&'"$#(*X&4%L#J1&%L&:?D#
[&51L(%5&%4+*$(%5&4%)1J*&%L&6&'14"1D9$#& A6&0$#J&!*C*'D?(L&51&*/$1>#%&')1&/#'.?C1
=#"0#&H#.%)<#&/#&D#>#$'0?&0$?(?X&4#&51&L?C%&C%)%$*%&*&%&=#"0%)*D&5?(#+")*D#&?&;%'(*X
$#(*51X&4$%"*)&H?$#0#X&*&4$%"*)&0$#J#&H)$"0#X&0%C#&51&%(&FL%)1%&4$1L&.*<1&(#+1C
)1.*P#('")#&?&3%S?(Fi&*&'#L&4$%"*)&0(1/#&U)#(#&*&)%5)%L1&!"514#(#&\#&"1&/#'.?C1&%(&C#&51
%9L#$*%&9%C#"*D&D*.%'"*D#&*&P*"#)*D&(*/%D&4%'1L#
&B%L&!*C*'D?(L#&51&9*%&(#&<1(*&*
T*0%.#&;.#C#5'0*&\#&/#5#D&%L&,77&N%$*("*&%(&D?&51X&0#%&0$#JX&/#.%S*%&C$#L%)1&K$9#'&*
B%/#$?& A2&C%LX&#&81C%)*D&'*(%)*D#&)$#"*%&51&?&4$%.1Q1&*L?Q1&C%L*(1&`'"$%S#< 
B#L&51&0$#J&H)$"0%&)*L1%X&L#&H?$<*&?/*D#5?&D#V#&?&;%'(*&*&L#&$#L*&8*V%)1&4%D%Q*&(1&D%S1
'0$+*"*&)%5)%L1&!"514#(#X&%(&51&4%P1%&%'1"(%&L#&D18#&')%51&L$S#81&[&=#>#$1&*&8*V%)?
'")#$(?&'(#C?&0#%&L#&91+1&*/C?9*%&4$#)?&)1$?&\#&2777&L?0#"#&C%L*+81C&L#(0#&%(&51&L%9*%
%L&'?."#(#&C#$#(<*51X&L#&(1Q1&9*"*&(#4#L#(&*&L#&Q1&9*"*&4$*/(#"&H1&)1/1&'&H?$<*D#
4$*9.*S*.1&'?&C#&*&)%5)%L*&!"514#(?&[&L$?C%5&4%.%)*(*& A,&C%L&L%+.%&51&P#0&*&L%&'#)1/#
*/D1>?&8*V&L)%5*<1&4$%"*)&)%5)%L1&Y#L%'.#)#&H1'(#&)1/#&*/D1>?&!"514#(#&*&H)$"0#&9*.#&51
4%/(#"#&*&!4.*Q#(*D#&[&4$%.1Q1& A6X&4$*&51L(%D&'?0%9?X&0%5*&'?&!4.*Q#(*&*D#.*&'&9#(%D
31"$%D&H#.%)<1DX&9$#"%D&=#"0%)*DX&4%D*+J#.*&'?&%(*&L#&'1&%9$#"1&H)$"0?&*&!"514#(?&/#
4%D%QX&#.*&*D&51&"%&/#9$#(*.#&=.1"#P0#&Y14?9.*0#

[&.1"%& A6&(#'"#)*.*&'?&0$#J&H)$"0%&*&)%5)%L#&!"514#(&(14$*5#"1J'")#&4$%"*)&Y#L%'.#)#&*
S1'"%0%&'?&C#&4$*"1'(*.*&[&N19$?#$?& A@&4#.%&51&?&!"514#(%)1&$?01&H$19*81X&(#59%J*&*
(#5?C.1L(*5*&C$#L&3#).%)*Q1)#&4%L$?P5#&K%5)%L#&Y#L%'.#)&'1&D%$#%&L#&4%)?P1&?&')%51
'1)1$(%&4%L$?P51&%0%&;%$P#&*&3%L$*8#
\#&)$1D1&"*V&%C%$P1(*V&C$#>#('0*V&$#"%)#&%L& A7 A6&C%L*(1&;%'(#&51&'*.(%&'"$#L#.#
!#D%&/#&4%'.1L81&L)1&C%L*(1X&4%&51L(%D&N$#81)#P0%D&*/)1+"#5?X&'$?+1(%&51&*&'4#J1(%&%0%
,&D#(#'"*$#&*&<$0#)#
&\#91.1S1(%&51&(#$%P*"%&D(%C%&'"$#L#81&'"%01X&#&4%'19(%&*/
%9.#'"*&"$19*8'01&*&L$*51)'01X&0%51&'?&*&*(#P1&D(%C%&4$14#"*.1
[&/*D?X&&L1<1D9$#& A6X&?D$%&51&'"#$*&D#>#$'0*&0$#J&!*C*'D?(L&;%'(#&%L#)(%&(*51&*D#.#
J?Q1C&*&*'"$#5(*51C&4$%"*)(*0#&%L&81C#X&(*"*&51&*0#L&9*.#&*&%L&0%C#&"%.*0%&4?"#&(#4#L#(#
0#%&%L&81C#&*&81C%)*V&P1"#&\#D%$1(&*&)1Q&%'"#$1%&%(&4%'.1L8*V&)$1D1(#&(*51&4%(#)J#%
')%51&#)#("?$*'"*P01&*'4#L1&L%.*(%D&;%'(1X&#.*&51&*4#0X&L%&4$1L&0$#5&S*)%"#X&S*)%
?P1'")%)#%&?&'?L9*(*&"1&/1DJ1&*&C.1L#%&(#&')1&(#P*(1X&L#&?&8%5&%L$S*&#4'%.?"(*&D#>#$'0*
?"*<#5&]1C%)&/1"&*&(#'.1L(*0X&R.9$1V"X&/#?/1"&(#&L$?C%5&'"$#(*X&(*51&L%'41%&L#&/#&)$1D1
')%51&0$#"01&).#L1&%9$#"*&)1Q?&*&%4#'(*5?&4#S8?&(#&4$*.*01&?&;%'(*
O1L*(%&51&4$)1&"$*&C%L*(1&')%51&).#'"*&%L$S#)#%&!"514#(&*'4$#)(1&*&P#0&L%'"#&'$L#P(1&)1/1
'#&-?9$%)P#(*D#&R.*&'1&"%0%D& A@&C%L&*&"*&%L(%'*&4%C%$+#+1&Y#/.%C#&/#&"%&9*.%&51
(10%.*0%&!"514#(&51&/#D1$#%&-?9$%)P#(*D#&+"%&'?&4%D#C#.*&Y#L%'.#)#&L#)#5?Q*&D?&$#(*51
?C%)%$1(1&*'4.#"1i&#&9*.%&51X&L#J1X&*&(1+"%&'?0%9#&(#&C$#(*P(%D&4%L$?P5?X&?&B%(#)J*D#
M.#)(*&$#/.%CX&D1>?"*DX&9*%&51&"#5X&+"%&51&(%)*&D#>#$'0*&0$#J&R.9$1V"&4*'#%&9%'#('0%D
0$#J?X&0#0%&D?&'1&Y14?9.*0#&4%"?S*.#&(#&!"514#(#&FL#&*D&51&V"1%&/#$#"*"*F&3%L%/$*)X
!"514#(&51&?&"%D&(#/*$#%&(10?&%4#'(?&'4.1"0?X&*&"%&?&"%.*0%&)*+1&+"%&"%&(*51&9*.#&81C%)#
(#D1$#&\#+"%&'?&"%&-?9$%)P#(*&?P*(*.*“&`)*&'?&'1X&(#$#)(%X&9$#(*.*&L#&)1'"&(*51&4%"*<#.#
%L&8*VX&#.*&51&!"514#(&D%C#%&'&$#/.%C%D&4$%"1'"%)#"*X&+"%&51&%(*&'#D*&(*'?&%'4%$*.*&(#
D#>#$'0%D&L)%$?&\9%C&')1C#&"%C#&L%+.%&51&0$#51D&"1&C%L*(1&L%&4$10*L#&"$C%)#P0*V&)1/#&R.*X
*&4%.*"*P0*&*&"$C%)#P0*&J?L*&'#&+*$*D&4%C.1L*D#X&-?9$%)P#(*&'?&9$/%&4%4?'"*.*&*
"$#S*.*&(%)%C&L%L*$#&U&"%&(1&'#D%&/9%C&')%5*V&"$C%)#P0*V&4%'.%)#X&(1C%&*&/9%C&%4#'(%C
"?$'0%C&(#4#L#5#&(#&-1'4%"%)*(?& A@&C%LX&0%5*&51&')*D#&"$19#%&L#&%")%$*&%P*&`(*&D?L$%


 

 
(#.#/1X&L#&51&4%"$19(%&'0$1(?"*&J?L*D#&?&;%'(*&4#S8?&(#&%4#'(%'"&*&4%/)#"*&*V&L#&?&P#'?
(1)%J1X&0%5#&D%S1&4%'"#"*&%4+"#X&'0.%41&D*$&K1Q&?&N19$?#$?& A&%(*&)1Q#5?&%&"%DX&L#
*/D*$1&!"514#(#&*&Y#L%'.#)#&*&4$*D#5?&?&!"%(&4%$%L*<1&?4.#+1(*V&V?D'0*V&C.#)#$#
!"514#(&51X&D1>?"*DX&')%5&'4%$&'&-?9$%)(*0%D&D*'.*%&L#&*'0%$*'"*&"#0%X&+"%&9*&'")%$*%
(101&?S1&)1/1&'#&=.1<*D#&-?9$%)#P01&$14$1'#.*51&'#&%9?'"#)%D&"$C%)#P0%C&4$%D1"#
C%)%$*.1&'?&D?&5#'(%X&L#&:?D?&"$19#&')%5&4$#)*&*/.#/&(#&D%$1&H)$"0%)&T%)*&'1&(*51&4%0#/#%
0#%&4%C%L(#&*/)%/(#&.?0#X&#&-$*51)%&(#&T1$1")*&9*.%&51&'0%$%&4%"4?(%&L?9$%)P#(*/*$#(%&`(
51&'&"%C#&D*'.*%&L#&D?X&/#&"$C%)#P01&?'"?401&*&-$*51)%X&=.1P#(*&L#L?&?&/#D1(?&B%"%$&0#%
4%/(#"*&'"#$*&*/)%/(*P0*&C$#L&*&0#%&%4$%9#(%C&"#0D#<#&-?9$%)(*0?&[&=.1<*D#&"#&4%(?L#
(*51&9*.#&4$*DJ1(#i&-$*51)%&(*51&D%C.%&(*&?&"$1Q*(?&/#D1(*"*&B%"%$&(*&81C%)&)1Q
?'"#J1(*&"$C%)#P0*&/(#P#5

[4.#+1(*&-?9$%)P#(*&/#"$#S*.*&'?&(#&"%&/#+"*"1&(#&D#>#$'0%D&L)%$?&B$#J&R.9$1V"&51
*/L#%&,&5?(#& A&(#$1L9?&9#(?&=#"0?&H#.%)<?X&L#&%LD#V&*L1&?&4%D%Q&-?9$%)(*0?X&#0%
L%9*51&)1'"&L#&51&!"514#(&0$1(?%&4$%"*)&81C#i&#&?&*'"%&)$1D1&4*'#%&51&!"514#(?&*&%'"#.*D
9%'#('0*D&)1.*0#+*D#X&L#&%'"#)1&-?9$%)(*0&(#&D*$?
&B#L&(*51&?'41%&?&=.1<*D#
!"514#(&'1&D#.%&'D*$*%&*&4%P1%&51&%41"&'&-?9$%)(*0%D&4$*5#"1J'01&)1/1&`(1&'?&D?&9*.1
4%"$19(1X&?&"#5&D#VX&*&"%&(1&D#.%X&*&/9%C&%4#'(1&'*"?#<*51&?&!$9*5*&3$10%&-?9$%)(*0#
)#J#.%&D?&'1&'(#9L1)#"*&'#&')*D#&4%"$19(*D&'")#$*D#&*&/#&1)1("?#.(*&$#"&*&/#&4$1V$#(?i&"?
'?&D?X&/#&')#0*&'.?P#5X&*D#.#&9*"*&%")%$1(#&)$#"#&*&/#&0$1L*"1&*&/#&$#/(1&N*(#('*5'01
"$#('#0<*51&-#&9*&L%9*%&'.%9%L(1&$?01&%(&'1&0$#51D&4$%.1Q#& A&*/D*$*%&*&'#&)%5)%L%D
Y#L%'.#)%D&*&4%(%)%&51&F?L#%F&/#&8&')%5?&'1'"$?&H1%L%$?
&3%&')%5&4$*.*<*X&*/&*'"*V
$#/.%C#X&%9$#"*%&'1&!"514#(&*&4#4*X&"$#S1Q*&L#&D?&4%+#J1&L%'"%5(#&P%)10#X&0%5*&9*&*/)1%&*/
/#9.?L1&81C#&*&81C%)1&4%L#(*01&*&4$1)1%&*V&?&$*D%0#"%.*P0?&)1$?&T#L#%&'1X&0#L&(#&"#5
(#P*(&?V)#"*&)1/1&'#&/#4#L%DX&L#&9*&(14%'$1L(*51&L1.%)#%&(#&D#>#$'0*&L)%$X&#&D%SL#&*&L#
4$*L%9*51&B%"%$#(1&3#4#&'1&%L#/)#%&4%/*)?&*&&'14"1D9$#& A&?4?"*%&51&?&:?DX&;%'(?&*
:$)#"'0?&V)#$'0%C&9*'0?4#&H%D?&F0#%&4%'.#(*0#&*'"*(1&*&D*$#F

B#"%.*P0%&')1+"1('")%&4%0#/*)#.%&51&%)*V&)$1D1(#&(%)?&#0"*)(%'"&/#&'?/9*5#81&F51$1'*F
;%'#('0*&)*0#$X&-%D*(*0&M#(C#.#X&?&D%(#+")?&4$%/)#"&O#0%)&=#$V*'0*X&L%9*%&51&9*%
(#$1L9?&L#X&%9*.#/1Q*&')%51&%9.#'"*X&(14%'$1L(%&L1.?51&?&*("1$1'?&<$0)1
&`(&51& ,
C%L&4%P1%&')%5?&#0"*)(%'"&?&_1+0%5&4$%"*)&V?'*"#X&4#&51&'&"%C#X&4%'.1&4%0#/#(*V&?'41V#X
?4?Q1(&/#&;%'(?&Fo$#&c#0%D%&4$1"'"#)J#&?&V*'"%$*5*&N$#81)#P0%C&$1L#&)1$'0%C&9%$<#&'#
"1+0%D&%4$1D%DF
&O#0%)&51&9*%&51L(%&)$1D1&(#&?4$#)*&N$#81)#P0%C&D#(#'"*$#&?
B%(#)J*D#&*&)*0#$&L?9$%)#P0%C&*&Y14?9.*0#&-?9$%)#P0#&4%.#C#.#&51&*/)1'(1&(#L1&?&81C#
0#%&4%/(#)#%<#&'"#8#&*&4$*.*0#

&`L& AX&0#L&51&4$)*&4?"&L%+#%&?&-?9$%)(*0X&%(&51
'"#.(%&4%0#/*)#%&D(%C%&$1)(%'"*&[&B%(#)J*D#&51&(#$%P*"%&)%L*%&9%$9?&4$%"*)
4$#)%'.#)J#&[&!"%(%D&;1%C$#L?X&4$1L&D#>#$'0*D&0$#J1DX&9*%&51&0$#J&H)$"0%&C%L*(?&4$1
"%C#X&,&5#(?#$#& A,X&')1P#(%D&4%)1J%D&?/1%&4%L&')%5?&/#+"*"?&')1&N$#81)<1&*&8*V%)1
D#(#'"*$1&*&L#%&*D&4?(?&).#'"&L#&?&81C%)%5&L$S#)*&(#&')1&(#P*(1&4$%4%)1L#5?&*&+*$1
0#"%.*P0?&)1$?&*&L#&(*&%L&0%C&(1&'D15?&9*"*&%D1"#(*
&O&O1.1(*Q&'D#"$#X&L#&51&"*D&9*%
%0%(P#(&'4%$&*/D1>?&0$#J#&*&O#0%)#i&%)#5&L$?C*&51&V"1%&L#&$1N%$D*+1&F$#'4?+Q#(1F
N$#81)<1&*&L#&*DX&4%&4$#)*.*D#&$1L#X&/#9$#(*&4%'1L1X&L%0&'1&H)$"0%&/#?/*D#%&/#&8*V&*
S1.1%&L#&%'"#(1&'"#$*&(#P*(&$#L#X &9%51Q*&'1&')#0#0%&L#&$1N%$D1&(1&L%(1'?&(%)1&4%"$1'1
[&"%.*0%&)*+1X&+"%&51&4$%"*)&O#0%)J1)1&#0<*51&*&?&;%'(*&*&?&5?S(%5&[C#$'0%5&9*.%&L%'"#
4$10%$#&*&+"%&51&%)%D&"$19#.%&4%'19(*V&%L9$#D91(*V&4*'#D#&*&4$14%$?0# &M?J1.D%&L1
B#/#.*'X&C1(1$#.(*&D*(*'"#$&N$#81)#P0%C&$1L#X&'D#"$#%&51&'#D&/#&L?S(%'"X&L#&4%'19(*D
4*'D%DX&@&D#5#& A@X&%4%D*81&O#0%)#&L#&(1&4$1"1$?51&?&')%5%5&$1)(%'"*&*/#/*)#5?Q*&P#0
'0#(L#.1 &-#&51&?&"%&)$1D1&D1>?&9%'#('0*D&N$#81)<*D#&9*.#&4%4?'"*.#&L*'<*4.*(#
/(#D%&4%?/L#(%&'#&(10%.*0%&'"$#(#&!#D&4#4#&f)C1(*51&Ia&/#9$#8*)#%&51&1(1$C*P(%&&5?(#
 A6&L#&(10*&N$#"$*X&/#&0%51&?4%"$19J#)#&)$.%&%+"$1&$1P*&F

  &&  FX&')%51


L%D%)1&*&D#(#'"*$1&L1.1&*&4$*L$?S?5?&%(*D#&?&-#.D#<*5*X &CL1&51&S*)%"&9*%&')#0#0%
.#0+*X&(1C%&(#&"1+0%5&'"$#S*&?&;%'(*&!1D&"%C#X&%4%/*<*5#&4$%"*)&O#0%)#&L#.#&51&4%)%L#


 

  2
D(%C*D&N$#81)<*D#&L#&'1&?0.%(1&*/&81C%)1&%9.#'"*X&*.*X&0#0%&'1&"%&C%)%$*.%&?&<$0)1(*D
%'?L#D#X&L#&'1&%LD1"(?&H%&')1&(*51X&(#&%P*C.1L&%4#'(%'"*&%L&H?$#0#&*&4$1L&.*<1D
*(%)1$(*0#X&D%C.%&L#&L*C(1&?C.1L&/#)#>1(*D&'"$#(#D#&*&L#&4%0#S1&0%.*0%&%(1&*D#5?&%'1Q#8#
L?S(%'"*&/#&)*+1&*("1$1'1X&4%$1L&')1C#&"%C#&+"%&51&L1&B#/#.*'&V)#.*%&O#0%)#X&L#&51&F(#
<1.%D&')1"?&(#5'.#)(*5*&4$%4%)1L(*0FX&L#&51&0#%&$1L%)(*0&(#5P*'"*5*&*&L#&'1&8*D&L*P1&*
U"#.*5#&*&[C#$'0#X&L#&51&%(X&51L(%D&$1P5?X&F)1.*0#&0$?(#&(#+1C&$1L#&*&V$*+Q#('01&)1$1F&_#0
?&-#.D#<*5*X&(#&(10*D&D1'"*D#X&4%L&?"*<#51D&L%'"#)#&*/&;%'(1X&%C%$P181&51&9*.%&4$%"*)
O#0%)#&"%.*0%X&L#&D?&(*'?&L#.*&4$%4%)1L#"*X&(*"*&'?&C#&V"1.*&4$*D#"*&?&D#(#'"*$1
B#L&'?&@&%0"%9$#& A@&-?9$%)P#(*&$1+*.*&L#&?4?"1&?&;%'(?&T*0%.?&c%$>*Q#X&0%5*&Q1
0$#J?&H)$"0?&?&*D1&Y14?9.*01&*/5#)*"*&'#?P1+Q1&/9%C&S1(*(1&'D$"*X&%(*&'?&%L.?P*.*&L#
"%D&4$*.*0%D&'#%4+"1&0$#J?X&0#0%&'?&%9?'"#)*.*&"$C%)*(?&'&;%'(%D&'&"%C#X&+"%&51&0$#J
?'"#(%)*%&(%)?&0%)(*<?&*&4%P1%&L#&0?51&(%)#<X&0%5*&51&?&4$%D1"?&'#D%&(#&4%L$?P5?&81C%)1
L$S#)1 &U(#P1X&H)$"0%&?&%)%&)$1D1&(1D#&(*0#0)1&/(#P#5(*51&?.%C1X&*'"%&0#%&(*&81C%)*
4$%"*)0#(L*L#"&Y#L*)%5X&0%5*&51&'"#.(%&?&)1/#D#&'&H?$<*D#
R&H?$<*&'?&'1&?P)$+Q*)#.*&')1&'"#.(*51&-%9*)+*&?&')%51&$?01&:%L*L51L&*&K$V9%'(?&5%+&%L
 A2&C%LX &%(*&'?&"?X&?&'$<?&'"#$1&;%'(1X&4%P1.*&L#&$#/)*5#5?&')%5&(%)*&C$#LX&L%&D#.%
(#5)1Q1&*&(#5C.#)(*51&D1'"%&;%'(1X&0%51&Q1&'1&4%&(#D1'(*P0%D&'#$#5?&?&81D?&4$%/)#"*
!#$#51)%D&M$#L&51&?'0%&)1/#(&/#&.*P(%'"&U'#091C#X&P?)1(%C&"?$'0%C&5?(#0#&*&(#D1'(*0#&?
!0%4J?X&0%5*&51&%L&  &C%L&S*)%&?"*<#%&(#&4$*.*01&?&;%'(*&O%+&(*51&'#')*D&*/)1L1(%&(#
P*'"%&4*"#81&L#&.*&51&"#5&U'#0&9*%&'#D&4%$10.%D&;%'#(#<&H$?V1.0*(%&P*"#81&81C%)#
4$1/*D1(#&0#%&† 
&4%0#/#.%&'1&(1*'4$#)(%X&4%+"%&51&"%&?&'")#$*&9*%&'#D%& 
 X&#.*
'1X&'&L$?C1&'"$#(1X&(#.#/*&?&51L(%D&4*'D?&81C%)#&'*(#&U'#91C#&%)#0#)&'"#)&F'.?C#&9$#"#&D*
V1$¯<1C#&#.*&'*(%)<#&D*&)%1)%L1&31"$#F &O1&.*&%)#&$1P1(*<#&L%*'"#&'#D%&4$%'"#&N$#/#
?P"*)%'"*X&0#0%&*/C.1L#“&=1>?"*DX&4%'"%5*&*&51L#(&"?$'0*&(#"4*'&?&!0%4J?X&?&0%D&'1&U'#0
(#/*)#&'*(%D&4#+1&O*C*"91C#X&#&*&?&51L(%D&L?9$%)#P0%D&#0"?&U'#0%)&%"#<&/%)1&'1&r
 
Er
  G &T#&%'(%)?&'"#$*5*V&"?$'0*V&"10'"%)#&M.&f.1/%)*Q&D*'.*X&L#&9*&3#+#*"X&0#0%
C#&/%)?&(#+*&'$4'0*&*/)%$*X&D%C#%&9*"*&*&L?V%)(*&%"#<&U'#0%)&O*C*"4#+#X&%')#5#P&!0%4J#X
?P1'")%)#%&51&5%+&?&0%'%)'0%5&9*<*X&*&(1D#&(*0#0)#&"$#C#&%&"%D&L#&9*&9*%&4%"?$P18#0
U'#0%)&'*(&;#$#0&?+#%&51& A2&C%L&?&K$V9%'(?
&*&"?&4%P1%&?P)$+Q*)#"*&"?$'0?&).#'"
`(&'1&"?&4%D*81&L%& A&C%LX&#&%L%(L#&C#&/#D18?51&L$?C*&9$#"&U'#91C&0#%&"?$'0*
/#4%)1L(*0&!0%4J#&*&0$#5*+(*0&*.*&(#D1'(*0&?&;%'(*&`(&51&4$#)*&%'(*)#P&!#$#51)#X&'#
(%)*D&"?$'0*D&"*4%D&*&*D1(%D
!?."#(&=?$#"&II&V"1%&51&L#&*'0%$*'"*&4$%D1(?&4$1'"%.#&?&[C#$'0%5&*&'&"%C#&51& A@&C%L
4$%)#.*%&?&f$L1J&4?'"%+1Q*&?/C$1L&*&*'"%P(?&!$9*5?&UL?Q1&C%L*(1&%(&51&V"1%&L#&$#)(%
4$10%&!$9*51&(#4#L(1&[C#$'0?X&#&?&!$9*5*&'#D%5&L#&4$1P*'"*&%L(%'1&*&L#&51&%9#)1S1&'#D%
4$1D#&H?$<*D#&B#L&L1'4%"&c?$#>&(1&4$*'"#L1&(#&"%X&"?$'0#&)%5'0#&4$1C#/*&!$9*5?&*&/#?/1
!D1L1$1)%&B#%&"?$'0*&)#/#.&0$1(?%&51&?&9%$9?&4$%"*)&L1'4%"#&*&!"514#(&K?0P*Q&]1C%)1
P1"1&%4?'"%+*.1&'?&/#4#L(?&!$9*5?X&(#&)1.*0%&*/(1(#>181&D(%C*V&'?'1L#&!?L&0%5*&4%'.1
"%C#&L#5?&-?9$%)P#(*&%&81D?&(*51&)*+1&4$*5#"1J'0*i&81C%)#&'19*P(%'"X&91/%9/*$(%'"&*
(14%?/L#(%'"&4%P*8?&(1&'#D%&L#&/#L#5?&9$*C1X&(1C%&*&L#&%L9*5#5?&J?L1&%L&81C#&-?9$%)P#(*
'?X&/9%C&"%C#X&4%'"#.*&(#$%P*"%&%4$1/(*&?&%L(%'?&4$1D#&81D?&!"514#(%)%&*/D*$181&'
)%5)%L%D&Y#L%'.#)%DX&*/)$+1(%&?&.1"%& AX&%P1)*L(%&'&(#D1$%D&L#&9*&4$*.*0%D&#0<*51&?
!$9*5*&9*%&'*C?$(*5*&?&/#.1>*(*X&L%)1.%&51&(#&L?9$%)#P0?&C$#(*<?&*&"%C&'"#$%C&(14%?/L#(%C
'?'1L#&!"514#(&Y#L%'.#)?&(*51&)$#"*%&')1&$#(*51&%L?/1"1&4%'1L1i&?&Y#L%'.#)J1)%5&).#'"*
4%D*8?&'1&'#D%&B.%9?0&*&(10#&'1.#&*/(#L&Y*5101X&'#L&(#&4$?/*&['0%4J1M$?S&R.*&(*&"?&'1
).#'"&3#).%)*Q#&(*51&?&<1.*(*&%L$S#.#&L?C%&;#$&/#&B.%9?0&*/C.1L#&'*C?$(%X&L#&51&)1Q& 
C%L&4$1+#%&?&!"514#(%)1&$?01 &`)#5&51&V"1%&L#&D?&4%'1L*&?&3$*D%$5?&9?L?&'#')*D
'*C?$(*&'&<1.1&"$19*8'01&'"$#(1
U/(1(#L#X&6&%0"%9$#& AX&?D$%&51&*&L$?C*&D#>#$'0*&0$#J&R.9$1V"&*&/1DJ#&51X&?&"1+0%5
0$*/*X&%'"#.#&91/&).#L#$#&\#&(%)%C&0$#J#&9*&*/#9$#(&D.#L*&41"(#1'"%C%L*+8*&4%J'0*&0$#J


 

  ,
K.#L*'.#)&IIIX&#.*&?9$/%&(#*>1&(#&)$.%&%+"$?&%4%/*<*5?&R.9$1V"%)#&?L%)*<#&$%L*.#&51
4%'D$P1X&'*(#&b#L*'.#)#X&0%5*&51&'D#"$#(&0#%&4$#)*&/#0%(*"*&(#'.1L(*0&*&0%D1&'?&4$*5#"1J*
L*(#'"*51&V"1.*&L#&%P?)#5?&4$1'"%&B#0%&'1&?&%)%5&0$*/*&L$S#%&0$#J&H)$"0%&(1D#D%&9.*S*V
4%L#"#0#&\(#D%X&4%&4$*P#8?&o*.*4#&B#.*D#V#X&L#&51&K.#L*'.#)%)&*/9%$&4%/L$#)*%&'$L#P(%
*&?4?"*%&0$#J?&4%'19(%&4%'.#('")%&;*.%&51&*&81D?&*&;%'#(<*D#&D*.%X&+"%&51&/#&?C#$'0%C
0$#J#&L%+#%&51L#(&P%)10&'.%)1('01&0$)*&3%'.#('")%&51&9#+&*D#.%&*/5#)*"*X&0#0%&'?&3%J#<*
*&;%'#(<*&*'"%C&4%$10.#&*&L#&*D#5?&*'"*&51/*0EF& FG&*&0#0%&9*&"$19#.%&L#&'1
*&?/#5#D(%&4%D#S?&\#51L(*P0*&(14$*5#"1J&51&H?$P*(&B$#J&51&.14%&4$*D*%&9%'#('0?&4%$?0?
*&%LC%)%$*%&&*'"%D&L?V?X&/#S1.1)+*&*&'#D&+"%&"1+8?&'#$#L8?&!#)1/&51X&L#0.1X&?&(#P1.?
9*%&C%"%) &\#&)%5)%L?&!"514#(#&/(#D%X&L#&51X&*'0%$*'"*)+*&'D?"81&?&=#>#$'0%5X&4%+#%
4$%"*)&`D*+#X&L#&'1&L%P14#&"%C&C$#L#X&0%5*&'1&(#.#/*%&?&D#>#$'0%5&).#'"*&_*(*.%&D?&'1&L#
"#&10'41L*<*5#&(1Q1&9*"*&"1+0#X&4%+"%&'1&L#.D#"*('0*&9#(&=#"0%&H#.%)#<&(#.#/*%&?
[C#$'0%5X&CL1&51&?+#%&?&'"$#(#P01&9%$91&*&L%4#%&"#D(*<1&=#>#$'0#&0$#J*<#&O1.*'#)1"#X
?L%)*<#&R.9$1V"%)#X&91+1&4%(?L*.#&-?9$%)P#(*D#&L#&%(*&?/D?&"#5&0$#5&*&`D*+&/#&'191X&#.*
%(*&%")%$1(%&%LC%)%$*+1X&6&D#$"#& 7X&L#&(1&'D15?&?.#/*"*&?&"?&#)#("?$? &R.*
?/*D#81&")$L%C&`D*+#&(*51&*+.%&.#0%&-%0&51&!"514#(%)#&)%5'0#&%9?V)#"#.#&C$#L&5#)*%&'1
Y#L%'.#)&3#).%)*Q&'#&')%5*D&"$#S181DX&L#&L%9*51&')%51&4%'1L1&(#"$#C&!"514#(&.*P(%&%L1&?
T%)*&H?&51&*/5#)*%&Y#L%'.#)J1)%D&*/#'.#(*0?X&L#&%(&(1&D%S1&)$#"*"*&/1"?&')1&%9.#'"*X&51$
51&L%9*%&(#$1L9?&%L&'?."#(#&L#&*V&%(&'#D&L$S*&-?9$%)(*0&51&4%$?P*)#%X&0#0%&)1%D#&S#.*
%)#5&(%)*&'?0%9&*/D1>?&"1&L)%5*<1&)%5)%L#X&FL)#&C.#)(#&%0#F&9%'#('0%C&0$#J1)'")#X&*&D%.*%&51
!"514#(#&L#&4%4?'"*&-?9$%)#P0*&4%'.#(*<*X&0%5*&'?&9*.*&?4?Q1(*&!"514#(?X&*D#.*&'?&L#&C#
/#D%.1&L#&*D&L%>1&?&C%'"1&!"514#(&51&%L9*%&"#5&4%/*)X&#&/#&Y#L%'.#)#&51&%LC%)%$*%X&0#0%&(1
D%S1&L#&4%'"?4#&L$?0P*51X&4%+"%&'?."#(&"$#S*&(%)#<&0%5*&51&*D#%&L%9*"*&%L&Y#L%'.#)#&*.*
%+"$?&0#/(?&/#&81C#&`)%C&4?"#X&0#%&P1'"%&*&$#(*51X&-?9$%)P#(*&'?&*'0$1(%&4$14%$?P*)#.*
'4%$#/?D&]*V%)#&9%$9#&9*Q1&'#D%&%L&0%$*'"*&L$?C*D#X&#&4%'19(%&H?$<*D#X&*&;%'(#&Q1&/9%C
81&4$%Q*&0#%&+"%&'?&)1Q&4$%+.1&%'"#.1&9#.0#('01&/1DJ1&Y1<*"1&H?$<*D#X&C%)%$*.*&'?&%(*X
L#&(1D#"1&"%C&(%)<#&*&L#&C#&(1&D%S1"1&(*&L%9*"*X&F)#(&#0%&C#&(1&9*&)#L*.*&*/&'$<#&')%5*V
4%L#(*0#F&!?."#(&4$1)*+1&"$#S*&/#&Y#L%'.#)J1)%&4%L$?P51&H$19#X&L#J1X&*D#"*&(#&?D?X&L#
D*$&0?4J1(&(%)<1D&(1&"$#51&L?C%&!"514#(?&51&L%*'"#&"$19#.%&(%)#<#&`)%D&4$*.*0%DX&6
D#5#X&%(&51&4%L*C#%&'#)&!#(L#J1)&*&')%5&(%)#<X&0%5*&51&.1S#%&?0#D#Q1(&0%L&Y14?9.*01X
%'"#)J#5?Q*&'#D%&'?D?&%L&777&L?0#"#X&/#)1+"#(?&%L&!#(L#J#&81C%)%5&S1(*&"#0%X&L#&%L&"1
'?D1&4$*D#&'#D%&C%L*+8*&*("1$1' 
`')%5*)+*&!$9*5?&H?$<*&'?& A&C%L&%')%5*.*&*&!$19$1(*<?&*&?)1.*&?&8?&')%51&).#'"*&*
(%)P#(1&%9#)1/1&Y14?9.*0#&51&4$19#<*)#.#&')%5*D&4%L#(*<*D#&?&"%D&C$#L?X&0#%&*&4%&L$?C*D
D1'"*D#&?&!$9*5*X&+"%&'?&%LD#V&?+.*&?&4%'.%)(1&)1/1&'&H?$<*D#&*&4$*D*.*&%L&8*V&?&")$L%
<#$*('01&4%'.%)1&H$19#&?&9?L?Q1&9*"*&%4$1/#(X&4%$?P*)#.%&'1&*/&-?9$%)(*0#X&4%+"%&'?
)$1D1(#&F(1%9*P(#&*&4?(#&%9$"#F &R.*&*&'#D#&Y14?9.*0#&51&?4?"*.#&51L(%&4%'.#('")%
$#)(%&'?."#(?&'&D%.9%DX&L#&*/L#&(#$1L91&9%'#('0%5&C%'4%L*&*&')%5*D&).#'"*D#&L#&*&?&;%'(*
4#/1&(#&P?)#81&?C%)%$#X&0#%&*&?&!$9*5*&*&4%&L$?C*D&'"$#(#D#&d#$'")#&`(%&C#&51&*D#.%
/#D%.*"*&5%+&*&/#"%X&L#&'1&%")%$1&/#0$P1(*&0.#(<*&?&;%'(* 
3#L&!$9*51&*&L%.#/#0&L1'4%"#&c?$>#&?&\1"?&*&4%"%D&?&-?9$%)(*0X&4%)$#"#0&=#"0#&H#.%)<#&?
-#.D#<*5?&*&(1L%)$+1(%&%4'1L#81&`D*+#X&'&$#"%)#81D&?&81C%)%5&B$#5*(*X&/#L#L%+1
)%5)%L*&!"514#(?&)1.*0*V&9$*C#&H$#S1Q*&)1/#&%(&51&L)#&4?"#&?&.1"%& 7&C%L&'.#%&')%C
4%'.#(*0#&?&=.1"01X&L#&(?L*&'#)1/&4$%"*)&9#(#&=#"0#&*&L#&"$#S*&/#D1(?&B%"%$#&`91&"1
4%(?L1&9*.1&'?&%L9*51(1X&*&"%&91/&D(%C%&%9#)1+"#)#8#&K$.%&51&/#(*DJ*)%X&D1>?"*DX&L#&51
!"514#(&"$#S*%&%L&=.1"#0#&5%+&*&"%X&L#&C#&?/D?&?&/#+"*"?&0%L&H?$#0#X&*&"%&4$10%&4%'19(%C
4%'.#(*0#X&51$&9*&D?&%(*&D%C.*&4$#)*"*&4$10%$1&L#&(*51&9*%&L%)%J(%&.%5#.#(&Y14?9.*0#&D?
51&"%&%91Q#.#X&'#D%&(*51&V"1.#&L#&"%&P*(*&4$10%&4%'19(%C&4%'.#(*0#X&(1C%&L#&Q1&"%&*/)1'"*&?/
L$?C1&$#/C%)%$1 &[/&')1&"%&!"514#(&'1&9*%&/#?/1%&*&/#&51L(%C&'$%L(*0#&;#.+*Q#X&/#
!"1)#(#&=#$#D%("1X&51L(%C&#)#("?$*'"?X&0%C#&51&91'&C%(*%&%L&\1"1&L%&R4?.*51&*&%L&H?$'01&L%
b%D9#$L*51X&)1$%.%D(#&*&4?'"#&P%)10#X&#&D%.*%&51&L#&C#&=.1P*Q*&4%D*.?5?&/#&*/L#5'")%&0%51


 

  6
*D&51&?P*(*%&0#%&/#4%)1L(*0&0%(L%"51$#&?&b%D9#$L*5*&=.1P*Q*&'?&"?&D%.9?&%L9*.*
?0#/?5?Q*&(#&4$J#)?&L?+?&"%C&4?'"%.%)#&!"514#(&51&D1>?"*D&"$#S*%&=#$#D%("#X&L#&9*&C#
?4%"$19*%&?&\1"*&/#&')%51&4.#(%)1X&#&4$%"*)&L1'4%"#&c?$>#
3%'.1&%4'#L1&%L&%'#D&D1'1<*&4#%&51&`D*+X&?&%0"%9$?& 7X&?&!"514#(%)1&$?01X&#&'&8*D&*
%9.#'"&3%J*<#&;#(&=#"0%&(*51&D%C#%&L#&"%&'4$1P*&B%.*0%&51&9*%&(1D%Q#(&')1L%P*&(#59%J1
"%X&+"%&51&4$%"*)&!"514#(#&D%$#%&D%.*"*&4%D%Q&0%L&=.1P#(#&=.1P#(*&'?&%L9*.*&*&81C#&0#%
*&!"514#(#X&4%/*)#5?Q*&'1&9#+&(#&"%&*&V%"1Q*&L#&4%L)?0?&')%5?&*'4$#)(?&(1?"$#.(%'"
-1'4%"&c?$#>&(*51&D%C#%&L#&/#9%$#)*&!"514#(%)&(#4#L#5&(#&!$9*5?X&#&/#/*$#%&51&*&%L&81C%)*V
(%)*V&#0<*5#X&P*51&51&0%(<1&9*%&4%P1%&(#.#/*"*&?&\1"*&B#L&51&?&51'1(& 7&9*%&%9#)1+"1(X&L#
!"514#(&0?4*&)%5'0?&%0%&T1$1")1&*&L#&D*'.*&(#&.#>#D#&0$1(?"*&?&\1"?&4$%"*)&81C#X&#&D%SL#
*&4$%"*)&-?9$%)(*0#X&%(&51&%LD#VX&')%51$?P(*D&4*'D%DX&'0$1(?%&(#&"%&4#S8?&-?9$%)P#(#&*
/#D%.*%&*V&/#&4%D%QX&%L(%'(%&4%/*)#5?Q*&*V&(#&/#51L(*P0*&%"4%$&-?9$%)P#(*&'?&%LC%)%$*.*
L#&)1'"&(*51&"#P(#X&#&/#D%.*.*&'?&L1'4%"#&L#&?&9?L?Q1&9?L1&L*'0$1"(*5*&*&L#&*D&"#0)1&'")#$*
(1&5#)J#&4*'D1(% &T#$1L(1&C%L*(1&%L(%'*&'?&'1&*/D1>?&!"514#(#&'&51L(1X&#&L1'4%"#&*
-?9$%)(*0#&'&L$?C1&'"$#(1X&/#%+"$*.*&5%+&)*+1&[&-?9$%)(*0X&4$#Q1(&51L(*D&!"514#(%)*D
P%)10%DX&91+1&L%+#%&51L#(&"?$'0*&*/#'.#(*0&"$#S1Q*&L#&Y14?9.*0#&4%+#J1&'?."#(?&')%51
4%'.#('")%&*&L#&4.#Q#&L#(#0&\(#5?Q*&(#&0#0)%5&Q1&D?<*&9*"*&-?9$%)P#(*&#0%&(1&4$*D1&"1
/#V"1)1X&#&0#0)*D&Q1&4$10%$*D#&9*"*&%9#'?"*&#0%&*V&4$*D1X&!"514#(%)&P%)10&*D&51&'#)1"%)#%
L#&4%+J?&4%'.#('")%X&#.*&(1&*&L#(#0&T#&3%$"*&"*D&(*'?&9*.*&/#L%)%J(*X&4#&L?9$%)#P01
4%'.#(*01&*/9#<*+1X&#&%'"#.1&8*V%)1&"$C%)<1&L#L%+1&)1/#"*&-$?C*&#0"&0%5*D&'1&Y14?9.*0#
)1%D#&/#D1$*.#&H?$<*D#&9*.%&51&L#)#81&'0.%(*+"#&?&')%D&C$#L?&(1'$1Q(%D&'$4'0%D
L1'4%"?X&0%5*&51X&.*+1(&%"#Z9*(1X&.?"#%&*&"$#S*%&4$*5#"1J#&*&(%)%&?4%$*+"1&/#&9%$9?&'
H?$<*D#&3%&%L%9$18?&Y14?9.*01&L1'4%"&51&4$*'41%&?&-?9$%)(*0&(#&L?S*&9%$#)#0& &*.*
2&#4$*.#& &T*51&9*.%&(*+"#&4$*$%L(*51&(1C%&%P10*)#"*X&L#&H?$<*&/#"$#S1&%L&')%C
)#/#.#&!"514#(#&L#&4$1D#&'?'1L(%5&(1.%5#.(%5&Y14?9.*<*&4$1L?/D1&*/)1'(1&0#/(1(1&D1$1&[
-?9$%)(*0?&'?&$#P?(#.*&'&"%D&D%C?Q(%+Q?X&4#&'?&'1&'&51L(1&'"$#(1&"$?L*.*&L#&!"514#(#
$#'4%.%S1&')*D#&4$1L?'$1"J*)%'"*D#X&#&'&L$?C1&'?&'"$#(1&4$1L?/*D#.*&4%"$19(1&D1$1&/#
%L9$#(?&O1L*(%&'?&%"1/#.*&*&?'"$?P#)#.*&'1X&L#&*/&')%C&C$#L#&4?+"#5?&!"514#(?&'.%9%L#(
*/)%/&$#"(%C&D#"1$*5#.#i&?&%'"#.%DX&*&"%&51&9*.#&'#D%&4%"$19(#&D1$#&4$1L%'"$%S(%'"*
B$#51D&5?(#& &H?$<*&5%+&51L(%D&/#4$1"*+1&-?9$%)(*0?&*&4%/)#+1&C#&L#&4%'"?4*&4%
8*V%)*D&/#V"1)*D#X&#&?&*'"%&)$1D1&4%/)#+1&!"514#(#X&L#&L1D%('"$*$#&4$%"*)&8*VX&#&0#%
0$#581&'$1L'")%&L#&?4%"$19*&*&'#D&$#"&`0%&7&5?.#&4%$?P*%&51&!"514#(&?&-?9$%)(*0X&L#&Q1X
4%&'?."#(%)%5&(#$1L9*X&4%P1"*&'#&(14$*5#"1J'")*D#&-?9$%)P#(*&'?&&5?.#&?4?"*.*&9$/1
C.#'(*01&9%'#('0%D&0$#J?X&)%5)%L*&Y#L%'.#)?&*&9#(?&31"$?&H#.%)<?X&9$#"?&=#"0%)%DX
%9#)1+"#)#5?Q*&*V&%&"%5&!"514#(%)%5&4$1"8*&=%.*.*&'?&*&4%D%Q&%L&9#(#&31"$#X&'D#"$#5?Q*
51X&4%&')%D&%L(%'?&4$1D#&D#>#$'0%5&0$?(*X&0#%&'#')*D&4$*$%L(? &-%&(14$*5#"1J'")#&(*51
L%+.%X&51$&51&'"#$*&L1'4%"X&(1&S1.1Q*&L#&-?9$%)(*0&/9%C&81C#&/#L1'*&"1+0#&(14$*.*0#X
(#4?'"*%&C$#L&2&*.*&,&5?.#&U/C.1L#&L#&(*&!"514#(&(*51&S?$*%&'#&(#4#L#81D&*&L#&51
81C%)#&4%.*"*0#&9*.#&L#&'#D%&(#"1$#&-?9$%)P#(1&L#&*&'191&*&81C#&*/)?0?&*/&"1&(1/C%L1&U&?
'#D%D&-?9$%)(*0?&'")#$&'1&"#0%&'V)#"*.#&B#L&51&4$%+.#&')#0#&%4#'(%'"&%(*&'?&@&5?.#
/#V)#.*.*&!"514#(?&+"%&51&'#D%&4$1"*%

!?L9*(#&L1'4%"#&c?$>#&9*.#&51&/#9$*(?.#&*&0$#J#&H)$"0#&T1'"#.#(&*&?)10&?&(10%D&'"$#V?
%(&'1&9*%&4%(%)%&%4$1L1.*%&/#&=#>#$1X&4#&51&'#L&9*.%&4$*$%L(%&L#&%P10?51&"?$'0?&%')1"?&!
"%C#&51&0$#51D& 7&C%LX&4$10%&H$%C*$#(*(#&O#0%)#&H1'"1X&/#D%.*%&=.1"#P0?&Y14?9.*0?X&L#
D%S1&(1CL1&(#&8*V%)%D&4%L$?P5?X&?&'.?P#5?&4%"$191X&'0.%(*"*&')%51&*D#81&*&L%Q*&*&'#D&'#
4%$%L*<%D&?&8*V%)?&/1DJ?&[&*'"%&)$1D1&%(&51&?&'"$#V?&4%(?L*%&=.1P#(*D#X&L#&?/D?
9%'#('0%&0$#J1)'")%&*&/#).#L#5?&8*D&0#0%&V%Q1X&5#)(%&*.*&"#5(%&EF&‚‚ &
& & 
&
 & & & & &&
& FG&-%".1&D%.*%&51&/#&L%/)%.?&L#&D%S1
*/&8*V%)*V&C$#L%)#&*/)%/*"*&%$?S51&*&L$?C1&$#"(1&4%"$191&\#+"%&'1&0$#J&H)$"0%&(*51
%9$#"*%&'&"#0)*D&(1%9*P(*D&/#V"1)%D&=#>#$*D#“&`P1)*L(%&/#&"%X&+"%&51&)*L1%&L#&L1'4%"
c?$#>X&0%5*&51&4%'"$#L#%&/9%C&8*VX&D%$#&L#&.?"#&"$#S1Q*&4%D%Q*X&51$&D?&51&%(*&?&"#5&D#V&(*'?


 

  @
D%C.*&L#"*&=.1P#(*&'?&(#&"?&4%(?L?&%LC%)%$*.*&&N19$?#$#& &%)#0%&B#%&')%C
4%+"%)#(%C&9$#"#&%(*&Q1&C#X&$#/?D1&'1X&4$*D*"*&'&4%$%L*<%D&*&*D#81D&CL1C%L&V"1L(1&L%Q*&*
L#Q1&D?&')#&4*'D1(#&51D'")#&0%5#&'?&?&%9*P#5?&-%/)%J#)#5?&D?&*'"%&"#0%&*&*/)%/&%$?S5#&e"%
'1&"*P1&4%(?L1&L#&4$*D1&'#D?&;%'(?&%(*&'?&%LC%)%$*.*&)1+"%&*&/#%9*.#/(%&3%(?L#&"#
4%"10.#&51&*/&0$#J1)1&J?9#)*&*&4%)1$18#&4$1D#&=.1<*D#&*&%(*&'?&D?&)$.%&/#V)#.(*&(#&"%5
4#S8*X&#.*&51&8*V%)#&S1J#X&L#&'1&0$#J&'#D&%L$S*&?&/1DJ*&*&(#&).#'"* 
B#%&L#&51&9*.%&*/)1'(%C&'"$#V%)#8#&*&D1>?&'#D*D&9%'#('0*D&4?0%DX&0%5*&51X&'1D&"%C#X&9*%
(1/#L%)%J#(&*&')%5*D&'"#81D&4%L&).#+Q?&91/%9/*$(*V&N1?L#.(*V&C%'4%L#$#&;#+&*/&%)1
C%L*(1&/(#D%X&L#&'?&J?L*&!"514#(#&K?0P*Q#&91S#.*&(#&L?9$%)#P0%&4%L$?P51&*&L#&51&!"514#(X
"10&4%'.1&L?C*V&4$1C%)%$#X&?'41%&0%L&L?9$%)#P01&).#L1&L#&'1&"%&?'0#0#81&'4$1P*&*
4$191C.*<1&4%)$#"1 
B$#51D& &*&4%P1"0%D& &C%L&)%>1(*&'?&L?C*&4$1C%)%$*&*/D1>?&-?9$%)(*0#&*
9%'#('0%C#&0$#J#&4%)%L%D&(%)%C&0$#J1)%C&(#D1"#&(#&'$19$%&U#0%&51&"#5&(#D1"&*/(%'*%&'#D%
g&-?9$%)P#(*&(*'?&V"1.*&L#&C#&4$*D1&*&(#$1>*)#.*&'?&')%5*D&"$C%)<*D#&L#&%9?'"#)1&$#L
#0%&0$#J&(1&4%4?'"*&3%P1"0%D&4$%.1Q#&L%+.%&51&L%&'4%$#/?D#&B$#J&51&4%(?L*%
-?9$%)P#(*D#X&L#&?&8*V%)?&C$#L?&%'"#)*&?&4%0.#L&(1+"%&')%C&(%)<#&*& &#4$*.#&"%&51&*
?P*81(%&B$#J&51&4%&0(1/?&c?$>?&Y#"0%)*Q?&4%'.#%&727&.*"#$#&'$19$#&"#L#X&#& &L1<1D9$#
(%)*V&27&.*"#$#X&0%51&51&?/1%&(#"$#C&4$1L&'D$"X&&5?(#& A
!"514#(&K?0P*Q&$#/)*5#%&51&/#&"%&)$1D1&S*)?&#0"*)(%'"&?&\1"*&`(&51&(#&"?&%9.#'"&4%.#C#%
(#'.1L(%&4$#)%&4%&"%DX&+"%&51&9*%&/1"&;#.+1&III&U/#&'D$"*&4%'.1L81C&;#.+*Q#&E G&5#)*%
'1&9*%&)1Q&)%5)%L#&!#(L#J&L#&4$1?/D1&%L&=.1P#(#&;#$&*&;?L)?X&0%5*&*V&91V?&?C$#9*.*X&*&L#
L%9*51&'?'1L(?&C%$8?&\1"?&R.*&51X&*/C.1L#X&%L?'"#%&%L&"%C&"$#S18#&0#L&51&)*L1%&'#&0%.*0%
1(1$C*51&(#'"%5*&L1'4%"&!"1)#(&L#&'4#'1&"?&/1DJ?&/#&!$9*5?&3%'.1&4#L#&-1'4%"%)*(1X
 A&C%LX&5#)*%&'1&0%L&!"514#(#&K?0P*Q#&4$%V"1)X&L#&%(&L%9*51&\1"?X&#&(1&=.1P#(*&*.*
H?$<*&T#L#%&'1X&L#&D?&H?$<*&0#%&)1$(%D&)#/#.?&(1Q1&4$#)*"*&'D1"8#&O%+&L%0&'?L9*(#
!$9*51&?&"#5&D#V&(*51&9*.#&4%"4?(%&$1+1(#X&%(&'1&%9$#Q#%&0%"%$'0%D&0(1/?&"$#S1Q*&81C%)?
4%D%Q&L#&L%9*51&"?&%9.#'"&B%"%$#(*&'?X&D1>?"*DX&$#L*.*&/#&L1'4%"#&-#&*V&4$*L%9*51
!"514#(&*D&51&?&D(%C%D&4%0#/*)#%&4$1L?'$1"J*)%'"i&(#$%P*"%&51&?4?Q*)#%&')%51&4%L#(*01&(#
0%"%$'0*&4#/#$&=.1"#P0*&'1(#"&(*51&%L%9$#)#%&0%"%$'0*&*("1$1'&/#&L1'4%"#X&'D#"$#5?Q*
81C%)?&'")#$&0#%&*/C?9J1(?&*&4$*4$1D#5?Q*&'1&L#&%(*&4$*D1&81C%)%&(#'.1>1&!&"%C#&51
B%"%$?&(#$1L*%&4%"4?(?&(1?"$#.(%'"&!"514#(&51&4%"%D&(#'"#)*%&L#&$#L*&?&'#D%5&\1"*
["*<#5(%C&P.#(#&(#55#P1&0?Q1&"#D%X&!"1N#(#&*.*&!"1N#(*<?&d$(%51)*Q#X&9*%&51&4%"4?(%
4$*)?0#%&(#&')%5?&'"$#(?X&#&'&8*D&*&L%9#$&L1%&/1DJ1&K1$?5?Q*&L#&51&!$9*5#&4#.#X&J?L*&'?
4$*.#/*.*&!"514#(?&0#%&(#+1D&P%)10?&4$1&(1C%&(10%D&"?>*(?X&#&(#$%P*"%&H?$P*(?&3%'.1
4#L#&T%)%C&;$L#&*&%L.#'0#&L1'4%"%)#&*/&\1"1&*&-?9$%)(*0#X&!"514#(&51&'14"1D9$#&D1'1<#
 &0$1(?%&'&)%5'0%D&?&M%$8?&\1"?&*&/#?/1%&51X&4%D%Q?&d$(%51)*Q#X&91/&D(%C%&(14$*.*0#
=.1P#(*&'1&91V?&(#+.*&?&)1.*0%5&(1/C%L*X&4%+"%&'?&%(*&4%.#C#.*&(10#&4$#)#&(#&"1&%9.#'"*
T*'?&'D1.*&L#&%")%$1(%&?>?&?&9%$9?&9%51Q*&'1&/#4.1"#&'&H?$<*D#&*&+"%&(1&91V?&5%+
/#)$+*.*&')%5&$#"&'#&=*.#(%DX&0%5*&*V&51&D(%C%&'"#5#%&3%0?+#.*&'?&'&"%C#&L#&'1&(#C%L1&'#
!"514#(%D&`(*&'?&4$*'"#5#.*&L#&!"514#(&/#L$S*&M%$8?&\1"?X&#.*&'?&V"1.*&L#&C#&'4$1P1&?
%')#5#8?&-%81X&#&(#$%P*"%&4$*D%$'0*V&C$#L%)#&!&"%C#&'?&*&4$1C%)#$#.*&'&8*D&.*P(%X&#&?
*'"%&)$1D1&$#/)*.*&*&S*)?&#C*"#<*5?&D1>?&\1Q#(*D#&-)#&'?&C.#)(#&$#/.%C#&0%5*&'?
%4$1L1.*.*&;?LJ#(1X&h?+"*P#(1&*&5%+&(101&4$*D%$<1X&L#&'1&(1&4$*L$?S1&!"514#(?&(1C%
=.1P#(*D#&3$)*&51&"#5X&+"%&'?&"%&9*.*&4$*D%$'0*&0$#51)*X&(#&L%D#0?&D.1"#P01&N.%"1X&0%5#
*V&51&D%C.#&/(#"(%&%+"1"*"*i&L#J1X&+"%&51&'"#(%)(*+")%&?&8*D#&9*.%&D1+#(%&*&4%L
?"*<#51D&B%"%$#(#X&4$%"*)(*0#&*&!#(L#J1)*V&*&!"514#(%)*Vi&*&(#54%'.1X&+"%&'?&"$C%)#P0*
9*.*&?4?Q1(*&(#&$1'410"%)#81&D.1"#P0%C&C%'4%L'")#&-$?C*&9*"#(&51&$#/.%C&"#5X&+"%&51&'"#$*
L1'4%"X&0*)#(&(#&!"514#(#X&4%$?P*%&'#D&J?L*D#&L#&4$*>?&=.1<*D#X&#&(1&81C%)%D
4$%"*)(*0?X&(#L#5?Q*&'1&L#&Q1&0#%&(#C$#L?&/#&"%&L%9*"*&D.1"#P0?&4%D%Q&D#&0#0)1&)$'"1&/#
)#'4%'"#)J#81&')%51&).#'"*&?&!$9*5*&=.1P#(*&'?X&(#$#)(%X&*&'#D*&P*(*.*&D(%C%&L#
/#L%9*5?&4$*5#"1J'")%&\1Q#(#


 

  
3%P1"0%D&L1<1D9$#& &C%L&?D$%&51&)%5)%L#&Y#L%'.#)&3#).%)*Q&K1'"&%&"%D&'"*C.#&51&?
-?9$%)(*0& &*.*&2&L1<1D9$#&!"514#(&'1&?&"%&)$1D1&(#.#/*%&?&:?D?X&4$10*(?)+*&$#"(1
%41$#<*51&/9%C&/*D1X&#&*/#&(%)1&C%L*(1& &'*+#%&51&?&-$#P1)*<?&`L#".1&51&0$#51D
N19$?#$#&?4?"*%&51L(%&4%'.#('")%&?&=.1"01&V%"1Q*&L#&'1&(10#0%&'&8*D#&'4%$#/?D1
=.1<*&'?X&D1>?"*DX&&D#$"#&9*.*&$1+*.*X&L#&8*V%)*&/#4%)1L(*<*&?&!0#L$?&*&B%"%$?
(#'"%51&')#0#0%&L%9*"*&;#$X&-$*)#'"&*&;?L)?&*&(#$%P*"%&d$(%51)*Q1&!)?L#&'?&*D#.*&L#
%95#+8#)#5?&0#0%&'?&"%&(10#L&9*.#&8*V%)#&D1'"#X&4#&*D&*V&51&%"1%&L1'4%"&!"1)#(&3$1D#
!"514#(?&(#C.#+#)#.*&'?X&L#&'?&"#&D1'"#&=.1<*&L%9*.*&?&$#"?X&*&"%&?&F(#54$#)1L(*51D&0#0#)
D%S1&9*"*F&Y1+*.*&'?&P#0X&L#&'1X&?&0$#581D&'.?P#5?X&$#L*&"1&'")#$*&%9$#"1&*&'#D%D&'?."#(?

&\#&0#$#0"1$*'"*0?&J?L*&"%C#&)$1D1(#&)$1L*&*'"#Q*X&L#&'?&)1$%.%D(*&!"514#(%)*
4%'.#(*<*&?&=.1<*D#&9*.*&4%(?L*.*&!*8%$*5*X&L#&'#&8%D&$#L1&4$%"*)&')%C&C%'4%L#$#X
(#$#)(%&/#&(#C$#L?&`4$1/(*&=.1P#(*&%LC%)%$*.*&'?&7&#4$*.#&'#D%X&0#0%&'1&(#L#5?&L#&Q1
D%Q*&'0.%4*"*&D*$&'&8*V%)*D&?'.?C#D# 
[&"#5&'4%$&*/D1>?&!"514#(#&*&=.1"#0#&V"1L1&L#&'1&?D1+#&*&9%'#('0*&0$#J&H)$"0%&B#%
4$*5#"1J&=.1"#0#X&0#0)%C&'D%&C#&)*L1.*&4$%+.1&C%L*(1X&*&0#%&4$%"*)(*0&4%$%L*<1&B%'#P#X
0%5#&D?&51&/#L#.#&L%'"#&(14$*.*0#X&%(&'1&'#L&'#D&4%(?L*%&=.1P#(*D#&0#%&'#)1/(*0
Y14?9.*0#&D?&51&4%'.1&L)#&)1Q#8#X&2&*&7&#4$*.#X&/#V)#.*.#&(#&"%5&4%(?L*X&*/5#)J?5?Q*&L#
5%5&(*51&4%"$19(#&[&*'"%D&'"$#V?&%L&H?$#0#X&0#%&*&4$%+.1&C%L*(1X&%(&51&V"1%&L#&%'*C?$#&/#
'191&(10*&L#.D#"*('0*&C$#LX&4#&51X&?/&"?&4%(?L?&'#)1/#X&4$1L.#C#%&Y14?9.*<*&L#&/#D1(1&51L#(
9%'#('0*&/#&51L#(&L#.D#"*('0*&C$#L&R.*&'?&=.1P#(*&%L9*.*&*&"%X&4%/*)#5?Q*&'1&(#&/#0.1")1
L#"1&L#.D#"*('0*D&C$#L%)*D#X&L#&Q1&4%+"%)#"*&8*V%)#&4$#)#&*&L#&*V&(1Q1&L#"*&(*&4$1L#"*
L$?C%D&R.*&D#&CL1&L#&L%>1&(#&D.1"#P0%&4%L$?P51&0$#J&Q1&9*"*&4%"4?(%&'*C?$#(X&0#%&L#&51&?
')%5%5&/1DJ*

3%&4%)$#"0?&!"514#(%)*V&4%'.#(*0#&9*.%&51&5#'(%X&L#&4$%.1Q1&D%S1&*/#/)#"*&(%)?&#0"*)(%'"
-#&9*&L%9*%&4%"4?(%&'.%9%L(1&$?01&!"514#(&51&'0.%4*%&D*$&'#&')%5*D&'1'"$*Q1D&U)#(*+1DX
'*(%D&)%5)%L1&Y#L%'.#)#&3#).%)*Q#X&4%P1"0%D&D#5# &H*V&L#(#&'1&'4$1D#%&*&/#&9%$9?
j1.1Q*&L#&%'"#(1&4%"4?(%&(1?"$#.(#X&-?9$%)#P0#&Y14?9.*0#&51&%L9*.#&L#&D?&L%/)%.*&*/)%/
9#.*'"#&*&V$#(1&/#&)%5'0? 
[&D#5?& &0$1(?%&51&)%5)%L#&!"514#(&?&\1"?X&L#&"#D%&.*P(%&L1.?51&(#&4%51L*(#&9$#"'")#&*
%4+"*(1&[&"%D&51&L%'0%$%&4%'"*C#%&*/)1'(1&?'41V1&!"#$*&;#$&4$*+#%&51&9$/%&(#&81C%)?
'"$#(?&*&%")%$*%&D?&')%5#&)$#"#&=.1"#P0#&Y14?9.*0#X&/#?/1"#&?&U"#.*5*&?&)1.*0%5&D1$*X&#
)*L1Q*&!"514#(%)?&#0"*)(%'"X&V"1.#&51&4%+"%&4%"%&L#&*/91C(1&$#"&*&9*.#&51&)%J(#&(#&)$.%
)1.*01&?'"?401&U&'#D%&9$#"'")%&d$(%51)*Q#&91+1&'1&'"#.%&0%.19#"*&*/D1>?&!"514#(#&*
=.1"#0#i&!"1N#(&d$(%51)*Q&'1X&D*D%&%'"#.?&9$#Q?X&)1Q&*&4$1&9*%&%4$1L1.*%&/#&V?D'0%C
)%5)%L?&R.*&*/(1(#L#&(#'"#L1&%9$"X&0%D1&4$#)1&$#/.%C1&5%+&(1&D%S1D%&?")$L*"*&H1+0%&51
)1$%)#"*X&L#&9*&C#&*/#/)#.#&'#D%&*/L#5(*P0#&#0<*5#&0(1/#&U)#(#&K?0%)*Q#X&0%5#&4#L#&?&%)%
)$1D1&U)#(&51&9*%&'*(&"$1Q1C&!#(L#J1)#&9$#"#&K?0#&*&4$1D#&"%D1&4$)*&$%>#0&!"514#(%)
!"514#(&51&L%"#L&*D#%&4%)1$18#&?&8&*&'.#%&C#&51&?&=.1"01&?&$#/(*D&D*'*5#D#&K*L1Q*&L#&'1
'?0%9&*/D1>?&=.1"#0#&*&!"514#(#&/#%+"$*%X&U)#(&51&4%(?L*%&Y14?9.*<*&')%51&?'.?C1X
%95#+8#)#5?Q*&')%51&(14$*5#"1J'")%&4$1D#&!"514#(?&"*DX&+"%&C#&51&%)#5&.*+*%&(#'.1L'")#&*
?P1+Q#&?&).#'"*X&(#&0%51&51X&0#%&'*(%)#<&!#(L#J1)X&*D#%&4$#)#&=.1"#P0#&).#L#&51&4$*D*.#
81C%)1&4%(?L1X&L#.#&D?&L%9$?&4.#"?X&*&?4?"*.#&C#&?&B%"%$X&L#&%"?L&4%P(1&$#L*"*&4$%"*)
!"514#(#&=#&0%.*0%&L#&51&"#&#0<*5#&D%C.#&9*"*&(14$*5#"(#&!"514#(?X&*4#0&D*&(1&*/C.1L#
)1$%)#"(%X&L#&9*&%(#&'#D#&D%C.#&'&?'41V%D&%D1'"*&)%5)%L*(%&4$1L?/1Q1&*&'4$1P*"*&%(%X&+"%
L%".1X&'#&"%.*0%&'$1L'"#)#X&(*'?&D%C.*&L#&'#')*D&4%'"*C(?&(*&'#D*&=.1P#(*&;*Q1&L#&'?
!"514#(#&%4$1L1.*.*&(#&?/D#0&(10*&D(%C%&)1Q*&*&5#P*&$#/.%/*&3%?/L#(%&/(#D%X&L#&51&L%'"#
(#C.%&*&(1(#L#(%X&*/D1>?&7 &5?.#X&(#4?'"*%&\1"?
!"514#(%)&4%.%S#5&9*Q1&L#&51&4%'"#%&%/9*J(%&"1S#0X&0#L&'?&=.1P#(*&$1+*.*&L#&C#&+"%&9$S1
*&+"%&)*+1&*'0%$*'"1&-%".1&'4$1D(*&(#&)1%D#&)1.*0#&4%4?+"#8#X&%(*X&(#51L(%DX&6&5?.#X
*/L#5?&(#$1L9?&0%"%$'0%D&0(1/?&*&/#4%)1L(*0?&/#.*)#X&L#&/#?/D?&(1&'#D%&')?&-%8?&\1"?&'


 

 27
;?L)%DX&(1C%&P#0&*&%(1&0$#51)1&M%$81&\1"1X&0%5*&'?&4%"$19(*&/#&'*C?$(%'"&-%81&3%'.#"%&51&*
77&41+#0#&*/&'#D%C&D.1"#P0%C&4%L$?P5#&0#%&4%D%Q&/#&#0<*5?&!0#L#$'0%D&0(1/?&(#$1>1(%&51X
*'"%&"#0%X&L#&?/D1&-$*)#'"&*&;#$&*&L#&/#&4$*L%9*5#81&J?L*&')*D#&'$1L'")*D#&(1&S#.*
D#"1$*5#.(*V&S$"#)#&`)#&D.1"#P0#&#0"*)(%'"&'#&%91Q#)#81DX&D*Q181DX&/#'"$#+*)#81D
*&)%5(*P0*D&(#'"?4#81D&*D#.#&51&?9$/%&?'41V#&3$1L#L%+1&'1&51L(%&/#&L$?C*D&;?L)#X
-$*)#'"&*&%'"#.#&D1'"#&?&3$*D%$5?X&')#&'1D&;#$#&3%L&;#$%DX&&%0"%9$#& X&4%"?0#%&51
'0#L#$'0*&/#4%)1L(*0&o$#8%&B)1$*(*&)%5)%L?&!"514#(#&*&/#$%9*%&D?&L%'"#&J?L*X&#&%(L#
4%P1%&*&%4'#L?&"%C&C$#L#!"514#(&51&<1.%&)$1D1&C.1L#%X&L#&'1&(#&(10*&(#P*(&*/D*$*&'
=.1P#(*D#&*&(?L*%&*D&51&4$1C%)%$1X&0%51&'?&%(*&'&4%P1"0#&%L.#C#.*X&#&4%'.1&4%D#.%&*
%L9*5#.*&V%"1Q*&L#&(#54$1&4%"4?(%&')$+1&+"%&'?&(#D1$#)#.*&-#&?&=.1<*D#&4%'.1&4%91L1
(*51&9*.%&4$)%C&$#'4%.%S18#&/#&4%D*$J*)%'"&)*L*&'1&(#59%J1&*/&L$S#8#&-?9$%)P#(#X&0%5*
'?&2&L1<1D9$#&%L9*.*&!"514#(%)?&4%(?L?X&L#&4%'$1L?5?&/#&D*$&[)10&%4$1/(*X&%(*&'?
'*C?$(%&%'1"*.*&L#&"%&4%'$1L%)#81&(1&9*&?&=.1<*D#&9*.%&.14%&4$*DJ1(%
B#L&51&)*L1%&L#&%L&4$1C%)%$#&(1D#&?'41V#X&#&(1&S1.1Q*&L#&%'"#(1X&*/&D(%C%&$#/.%C#X&4%L
'$#D%D&4%91>1(%C#X&0$1(?%&51&!"514#(&?&'$1L&/*D1X&?&L$?C%5&4%.%)*(*&L1<1D9$#X&'&(%)%D
)%5'0%D&?&\1"?&;$/%&51&4$%L$%&')1&L%&4$1L&'#D&!0#L#$&U/(1(#>1(#&*&L%(10.1&/9?81(#&"*D
?'41'*D#&=.1"#P0#&Y14?9.*0#&51&9$/%&*/D1(*.#&')%51&4%(#+#81&*&)1Q&?&5#(?#$?& A
4%(?L*.#&51&4$1C%)%$1&/#&D*$&M.#)(*&4%D#C#P&!"514#(?&?&%)%5&9%$9*&'&=.1P#(*D#&9*%&51&*
%'"#%&!"1)#(&d$(%51)*QX&0%5*&'1&*'"#0#%&D*D%&')#&L$?C#&.*<#&'#)$1D1(1&\1"1X&*&0%5*&51&*&?
')%5%5&4%$%L*<*X&4%91L*)+*&9$#Q?X&?/1%&4$)%&D1'"%
K%5)%L#&U)#(*+&3#).%)*QX&'*(&Y#L%'.#)%)X&4%+"%&'1&*/D*$*%&'#&?5#0%D&)%5)%L%D
!"514#(%DX&%'1Q#%&'1&0#%&4$#)*&9%'#('0*&)1.*0#+&`(&51&&'14"1D9$#& &4%")$L*%
-?9$%)P#(*D#&')1&$#(*51&?C%)%$1&')%5*V&4$1L#0#X&(#.#/1Q*&'1X&0#0%&0#S1X&F)#&)1.*0%*&'.#)1X
?&C%'4%<")?X&*&?&4#(1&L$¯S#)1FX&F0#0%&C%'4%L*(¯&$?'#+0*&*&)%1)%L#&$?'#C?F&]1C%)#&D#50#X
D1>?"*DX&C%'4%>#&H1%L%$#X&S1(#&'#&)*+1&*'0?'")#X&#&'*C?$(%&/#9$*(?"#&(10*D&"1S*D
/#4.1"*D#&?&V?D'0%5&L$S#)*X&91+1&/#D%.*.#&-?9$%)P#(1X&L#&5%5X&?&'.?P#5?&(1)%J1X&%'*C?$#5?
'0.%(*+"1&FK*L1Q*&*&L?C&$#/D*+J#5?Q*F&%(#&51&L%+.#X&0#0%&'1&*/$1P(%&0#S1&?&4%/*"*)(%D
L?9$%)#P0%D&%LC%)%$?X&L%&"C&')%C&$1+18#X&F1$¯&?&'1D¯&S*"*&$#/¯.*01&*&(1(#L(1&"1+0%01
/C#C#Û&'1F 
3#4#&f)C1(*51&Ia&91+1&?&%)%&)$1D1&$#/)*%&)$.%&S*)?&#0<*5?X&L#&L%>1&L%&51L(%C&)1.*0%C
0$'"#+0%C&4%V%L#&4$%"*)&H?$#0#&[&9%$9?&%(&91+1&(#&(%)?&C%L*(?& A&4%/)#%&'#)
V$*+Q#('0*&')1"&[&D#$"?X&D#>#$'0*&'#9%$&%L.?P*X&L#&'1&5%+&"%C&.1"#&0$1(1&#0<*5#X&4%L
)%>'")%D&'#D%C&0$#J#&K.#L*'.#)#&[&"%D&4%V%L?X&/(#.%&'1X&?P1'")%)#Q1&*&L1'4%"&c?$#>&K1'"
%&"%D&4$*DJ1(#&51&?&V$*+Q#('0*D&L$S#)#D#&'&D(%C%&%L?+1)J18#&!*C?$(%&51&(1+"%&%&"%D
P?%&*&)%5)%L#&!"514#(X&*X&L#&'1&L%9$%&%9#)1'"*X&%(&'1&9*%&%9$#"*%&-?9$%)P#(*D#&'&4%$?0%D
L#&D*'.*&L%Q*&?&8*V%)&C$#L&-?9$%)P#(*&'?&'1&(#+.*&(#&D?<*&R0%&4$*D1&!"514#(#&*&0#S?
D?&+"%&/(#5?&%(*&)$+1&51L(?&)$'"?&*/L#51&4$1D#&D#>#$'0%D&0$#J?&*&V$*+Q#('0%5&'")#$*X&51$
51&!"514#(&4%/(#"&"?$'0*&)#/#.&*&4$*5#"1Ji&#&#0%&C#&%L9*5?&D%C?&(#)?Q*&81C%)?&D$S8?&*
%')1"?&:%"1Q*&L#&(1&(#4$#)1&$>#)&?"*'#0&%(*&S?$1&L#&9?L?&4$1L?'$1"J*)*&?&!"514#(%)*D
.*P(*D&4*"#8*D#&U'4.#Q?5?&D?X&91/&/#"1/#8#X&%'"#)+"*(?&81C%)1&'"$*(1X&O1.1
!#(L#J1)*<1X&0%5#&91+1&"#L&4$1D*(?.#X&*&%L%9$#)#5?&D?&/#&4%'.#(*01&51L(?&.#>?X&0%5#&51
*D#.#&4%Q*&/#&=.1"01&[&4%.*"*P0%D&4%C.1L?&9*.*&'?X&D1>?"*DX&/#%9*.#/(*i&#.*&L#&'1
4%0#S?&0#%&L%9$*&4$*5#"1J*&4%(?L*.*&'?&'1X&L#&C#&*/D*$1'#0$#J1D&H)$"0%D&[&*'"%&)$1D1
*&%(*&'?&'#D*&9*.*&?+.*&?&)1/1&'&H?$<*D#&[&N19$?#$?& &%(*&'?&'1&/#0.1.*&(#&)1$(%'"
'?."#(?&*&%91Q#.*&D?&'.#"*&')#01&C%L*(1&L#$%)#&?&)$1L(%'"*&%L&777&L?0#"#

=1>?"*DX&!"514#(&'1&$1+*%&L#&(1&P10#&$#/)%5&L%C#>#5#&(#&;#.0#(?X&(1C%&L#&'#DX&(#&')%5?&$?0?X
(#'"#)*&'?/9*5#81&=.1P#(#&?&\1"*&_*D&51&%'.#)*.%&4$%.1Q1&%(&51&4%P1%&9%$9?&H?$'0*
0$#5*+(*0&?&R.9#(*5*&*/L#%&51&(#$1L9?&%0%.(*D&0(1/%)*D#X&L#&*&%(*&0$1(?&4$%"*)
Y14?9.*01&*&L#&4%D%C(?&!"514#(?&U&%)%C&4?"#&!"514#(&51&4%'"*C#%&.141&?'41V1&!0%$%&')*
3#+"$%)*Q*&4$1+.*&'?&(#&81C%)?&'"$#(?X&#&'1D&8*V&*&L%'"#&\1Q#(#&=.1"#P0#&Y14?9.*0#


 

 2
(*51&D%C.#&?&4$)*&D#V&L#&?P*(*&+"#&L$?C%X&(1C%&'#D%&L#&!"514#(#&"?S*&'?."#(?&R.*&?P*(*.#
51&"%&%(%C&*'"%C&L#(#X&0#L&51&4%$?P*.#&4#4*&L#&*&%(#&4$*.#/*&'")%$1(%D&'#)1/?&4$%"*)
H?$#0# &3%+"%&51X&?&(10%.*0%X&?4?"*.#&')%51&4%'.%)1&?&'(%+J*)*5*&"%0X&*/L#.#&51&6
D#5#&(#$1L9?X&L#&'1&'#&N.%"%D&*&'#&'?V%/1D(%D&)%5'0%D&4%P(1&#0<*5#&4$%"*)&;#$#X&#.*&L#&'1&?
*'"%&)$1D1&4%0?+#5?&*&4$1C%)%$*&/#&P#'"#(&D*$&!)1&51&"$19#.%&L#&'1&$#L*&?&+"%&9$S1D
"1D4?X&51$&'?&9*.*&(#&4$#C?&0$?4(*&L$?C*&L%C#>#5*&(#&;#.0#(?&-#&9*&'1&!"514#(&(#4$#)*%
4%4?'"J*)*5*DX&D%C.#&'1&4$1L?/1"*&(10#&L*)1$/*5#&4$1D#&81C%)*D&4%'1L*D#&?&;%0*X&%0%
T%)%CX&*.*&?&3$*D%$5?&%0%&`D*+# &;#$&51&9*%&*/D%$1(&L?C%D&9%$9%D&*&(#$%P*"%&D?
91+1&L%L*5#.#&D%$'0#&9.%0#L#X&0%5?&!"514#(X&?&%'0?L*<*&N.%"1X&(*51&D%C#%&'4$1P*"*&3%'.1
9%$91&%0%&81C#&*&?&%0%.*<*X&C$#L&'1&4$1L#%&4%P1"0%D&5?(#X&#&?/#&8&'?&4#.#&*&(10#&L$?C#&D#8#
D1'"#&?&3$*D%$5?
-%&"1&D.1"#P01&4%91L1&L%+.%&51X&?&C.#)(%DX&'&"%C#X&+"%&51&!"514#(&0$#51D&D#5#&(#4?'"*%&\1"?
*&%"*+#%&?&;%'(?&;*.%&51&"%X&4%&')%5&4$*.*<*X&)*+1&$#L*&(10*V&?(?"$#+8*V&/#4.1"#&(1C%
/9%C&"%C#X&L#&'1&%9#)1'"*&%&)1.*0%D&V$*+Q#('0%D&4%V%L?&0%5*&'1&"#L&'4$1D#%&4$%"*)&H?$#0#
B$#J&H)$"0%&?4?"*%&51&&5?(#&4*'D%&-?9$%)#P0%5&Y14?9.*<*X&?&0%D&51X&%P1)*L(%&/#9$*(?"
/9%C&L#J1C&$#/)%5#&'")#$*X&"$#S*%&L#&D?&Y14?9.*0#&4%&?4?Q1(*D&*/#'.#(*<*D#&)$#"*&'#)
81C%)&L14%/*"&?&(%)<?&H%&51&9*.%&*&4%'.1L81&4*'D%&0$#J#&H)$"0#&[&'14"1D9$?
4$%L#)#(%&51&5%+&81C%)%&'$19$%&(10*D&"$C%)<*D#&*/&O#0*(#&[D$%&51&4$1&&(%)1D9$#X&0#L&'?
-?9$%)P#(*&L%(1.*&%L.?0?&L#&*/5#)1&'#?P1+Q1&4%)%L%D&81C%)1&'D$"*
\#&"%&)$1D1&=.1P#(*&'?&(#'"#)J#.*&')%5?&#0"*)(%'"&4$%"*)&!"514#(#&`L9*.*&'?X&*'"*(#X
4%(?L?&%&'#)1/?&=#"0#&H#.%)<#X&#.*&(1&'&"%C#&+"%&9*&+"1L1.*&!"514#(#X&(1C%&+"%&(*'?&V"1.*
L#&1)1("?#.(*&4.1(&L1.1&'&8*D&[&')%D&%C%$P18?&(#&!"514#(#&$1+*.*&'?&9*.*&L#&4$%L#5?&?
=.1<*D#&*&81C%)?&0?Q?X&0%5?&'?&D?&9*.*&4%0.%(*.*&3$1C%)%$1&0%51&*D&51&(?L*%&(*'?
'D#"$#.*&/#&L%)%J(%&4$1L?'$1"J*)1&[&(1/C%L*X&(1D#5?Q*&')%51&N.%"1X&!"514#(&51&L%+#%&(#
D*'#%&L#&'"?4#&?&)1/1&'#&(%)*D&C%'4%L#$1D&5?S(1&U"#.*51X&(#4?J'0*D&0$#J1D&R.N%(/%D&a
R$#C%('0*DX&0%5*&51&9*%&4%/(#"&0#%&D.1"#P0*&(14$*5#"1J&;#+&"%0%D&%)1&C%L*(1&%"1%&51
R.N%(/&<1.?&O#0*('0?&=#$0?&D.1"#P0%D&+"*Q1(*0?&o$#8*&!N%$<*&*&L%9*%&"#0%&/(#"#(
?"*<#5&?&5?S(%D&L1.?&O#L$#('0%C&=%$#&K1Q&?&#4$*.?& A&(10*&R("%(&=*V*P*Q&*/
e*91(*0#X&9*)+*&0%(L%"51$&?&b%D9#$L*5*X&)%L*%&51&(101&4$1C%)%$1&*/D1>?&R.N%(/#&*
!"514#(#&*&+?+0#%&(1+"%&4%&R.9#(*5*&*&-#.D#<*5*&\(#D%&L#J1X&L#&51&L?9$%)#P0*&%4#"
D#(#'"*$#&!)&O#0%)#&(%'*%&(10#&4*'D#&!"514#(%)#&*'"%D&0$#J?&K1$%)#"(%&/9%C&"*V
!"514#(%)*V&)1/#X&0%51&'?&D%C.1&4%'"#"*&)$.%&%4#'(1X&%L9*.#&51&-?9$%)#P0#&Y14?9.*0#&L#
L#L1&91'4.#"(%&.#>?&/#&!"514#(%)1&4%'.#(*01X&0%5*&'?&*D#.*&*Q*&*&=.1P#(*D#&*
R.N%(/?&-?9$%)P#(*D#&51X&?/&"%X&9*.%&(1/C%L(%&*&"%X&+"%&51&!"514#(&%L$S#)#%&5%+&?)10
)1/1&'&H?$<*D#X&*&"%&*&'#L#X&0#L&'1&'4$1D#.#&)1.*0#&V$*+Q#('0#&%N#(/*)#&4$%"*)&8*VX&0%5%5
51&'"#5#%&(#&P1.?&8*V%)&/#+"*"(*0X&'#D&D#>#$'0*&0$#J

%&$"  
B$#J&H)$"0%&II&(*51&*D#%&D?+0*V&(#'.1L(*0#&:1$D#(&d1J'0*X&0%5*&51X&4%&?C%)%$?&*/& 6
C%LX&*D#%&L#&C#&(#'.1L*X&?D$%&51&4$1&81C#X&#&:1$D#(%)*&(#'.1L(*<*&9*.*&'?&L%9$%
%9#)1+"1(*X&L#&9*&?&;%'(*&9*.*&4$*DJ1(*&)$.%&$>#)%X&#0%&9*&4%0?+#.*&L#&5%5&'1&'#D*
(#D1"(?&=#>#$'0*&0$#JX&0%5*&9*X&D%SL#X&L#&51&"%&V"1%X&D%C#%&L#&*D&4%D%C(1&L%&4$1'"%.#X
(#.#/*%&'1&9#+&?&%)#5&D#V&?&4?(%5&9%$9*&'&H?$<*D#X&0%5#&C#&51&/#?/1.#&')1C#&*&?&0%5%5&51X&4%'.1X
*&/#C.#)*%&O1L*(*&4$1"1(L1("*&(#&4$1'"%&91V?&F(1/#0%(*"*F&'*(%)*&0$#J#&`'"%51X&Y#L*)%5&*
9$#"&D?&H%D#+&`(*&'")#$(%&(*'?&9*.*&4$#)*&(1/#0%(*"*&'*(%)*X&(1C%&'?&'#D%&%/(#P#)#(*
0#%&"#0)*&'#&C.1L*+"#&0#"%.*P01&<$0)1X&51$&'1&8*V%)&%"#<&%S1(*%&4%&L$?C*&4?"&/#&S*)1&4$)1
S1(1&3#4#&51&4*'#%&5#'(%&H%D#+?&F  && &&& & &
F
Y#L*)%5&'1&%L#)(%X&4%D%Q?&H?$#0#X&*'"#0#%&0#%&0#(L*L#"&5%+&4$%"*)&H)$"0#X&#.*&(*0#L&(*51
?'41%&L#&L%9*51&)*+1&/(#P#5#&*&?C.1L#&`(&'1X&*'"*(#X&(#/*)#%&0$#J1DX&*D#%&51&*&')%5&L)%$&*
L)%$'0?&')*"?X&*&5#)J#%&'1&'&)$1D1(#&(#&)$1D1&')%5*D&4%$?0#D#&?&-?9$%)(*0?X&#.*&C#&"#D%


 

 2
(*'?&?/*D#.*&D(%C%&%/9*J(%&`L$S#)#.*&'?&)1/1&'&8*D&*&'.#.*&D?&4%0.%(1X&#.*&)*+1&*/
S1J1&L#&C#&(1&?)$1L1&*&(1&'")%$1&0#%&J?"#&(14$*5#"1J#X&(1C%&+"%&'?&C#&<1(*.*&*.*&$#P?(#.*
'&81C%)*D&?"*<#51D&H%D#+&'1&L%"#L&D#81&*'"*<#%X&#.*&4%&')%5*D&L*4.%D#"'0*D
'4%'%9(%'"*D#&'"#5#%&51&')#0#0%&*/(#L&9$#"#&]1C#&51&'#D&0$#J&H)$"0%X&<1(1Q*&')#0#0%&L%9$%
%9%5*<?X&%L$1L*%&0#%&(#'.1L(*0#&*&H%D#+&51&%LD#V&?/1%&).#'"&?&')%51&$?01&K1Q&2&L1<1D9$#
 A&%LC%)#$#5?&D?&-?9$%)P#(*&0#%&F &  &l

F &Y#L*)%5&51&4%0?+#%&L#&%D1"1
H%D#+1)%&4$*/(#81X&#.*&(*51&*D#%&?'41V#&;*.%&51&')#0#0%&*&5%+&(1/#L%)%J(*0#X&51$&?
-?9$%)(*0?&)*+1&)1.*0#+0*V&4%$%L*<#&D%.*&/#&'0.%(*+"1&"%0%D&D1'1<#&5#(?#$#
Y14?9.*0#&51&,6&5#(?#$#&)%"*$#.#&/#&0$#J#&4%0.%(&%L&@77&41$41$#&?&')*"*X&#.*&81(%
4%'.#('")%&*4#0&/#L?C%&(*51&0$1(?.%&?&;%'(?
&e"#&)*+1X&'0%$%&L%&51'1(*X&%L(%'*&*/D1>?
0$#J#&*&-?9$%)(*0#&(*'?&L%9$*X&)1$%)#"(%&/#"%X&+"%&1&Y14?9.*0#&4$*D#.#&81C%)#
4$%"*)(*01&*&%L$S#)#.#&)1/1&'&)%5)%L%D&!"514#(%DX&0%5*&D?&51&9*%&C.#)(*&(14$*5#"1J&3%'.1
H%D#+1)#&L%.#'0#&(#&).#'"X&0#L&51&)*L1%&L#&%(&.*P(%&(1&(#*.#/*&(*&(#&0#0#)&)1Q*&%L/*)X&(*&?
/1DJ*&(*&0%L&H?$#0#X&Y#L*)%5&'1&0#'(*51&'D*$*%&*&5#)J#&'1&0#%&C%'4%L#$&.14%C&C$#L#
K$#(L?0#X&(#&(#5)#S(*51D&4?"?&4$1D#&'1)1$?X&?&'$1L&;%'(1
K%5)%L#&!"514#(&K?0P*Q&'D#"$#%&'1&%L&4$)%C&L#(#&0#%&4$%"*)(*0&(%)%C&0$#J#&T1&/#"%X&+"%
'1&H%D#+&4%0#/#%&0#%&4$*5#"1J&V$*+Q#('01&.*C1&*&4$*5#"1J&=#>#$#X&#&4$%"*)(*0&H?$#0#X
(1C%&*&+"%&51&%(&.*P(%&%L&4$%D1(1&4$1'"%.#&?&;%'(*&%P10*)#%&*/)1'(1&0%$*'"*&B#L&'?
-?9$%)P#(*&$1+#)#.*&&L1<1D9$#X&L#&D?&?4?"1&51L(%&)#S(%&4%'.#('")%X&(*'?&/(#.*&"#P(%
CL1&'1&(#.#/*&;*%&51&(#4?'"*%&\1"?&*&4%+#%&?&;%'(?X&CL1&'1&%P10*)#.%&L#&9*&D%C#%&(#4#'"*
(10%&D1'"%&*.*&C$#L&*.*&?%4+"1&4%P1"*&9%$9? &=1>?"*DX&%(&51&/#&%)#5&D#V&%'"#%&?
;.#C#5?X&(1+"%&/9%C&/*D1X&#&(1+"%&+"%&51&V"1%&L#&'#P10#&L%C#>#51&H?&C#&51&*D#%&(#Q*&*
?4?Q1(*&4%'.#(*0&*/&c1(%)1&c1(%)1+0#&Y14?9.*0#&9*.#&51&'"#$*&'?4#$(*0&=.1"#0#X&#&?&%)%
)$1D1&%(#&51&9*.#&51L*(#&%L&/#4#L(*V&"#.*5#('0*V&$14?9.*0#X&0%5#&(*51&V"1.#&L#&?>1&?&'#)1/
4$%"*)&H?$#0# 
!"514#(%)*&4$%"*)(*<*&?&\1"*X&0%5*&'?&L$S#.*&'#&=.1"#P0%D&Y14?9.*0%DX&4$*/(#.*&'?&).#'"
(%)%C&9%'#('0%C&0$#J#X&(#L#5?Q*&'1&D%SL#X&L#&9*&*V&%(&D%C#%&4%L$S#)#"*&4$%"*)&81C#
;%'#('0*&0$#J&4%P1%&51&L%*'"#&9%$9?&'&8*DX&51L(%&/#"%&+"%&C#&!"514#(&(*51&4$*/(#%X&#&/#"*D
+"%&51&!"514#(&9*%&"?$'0*&4$*'"#.*<#&3%'.1&)1.*01&4%91L1&V$*+Q#('0*V&'#)1/(*0#& A
C%LX&4*'#%&51&D#>#$'0*&0$#JX&)$#"*%&'1&*&9%'#('0*&0$#J&?&'"#$?&4%0%$(%'"X&0%5?&91+1
%L$10#%&EF & &l
X&& 
X&&
 &   X&È& X&  
  FG&[&'")#$*X&'&H%D#+1D&51&4%P*8#%&(%)&0?$'&`(&*L1&%L$1>1(*51&(1C%&H)$"0%X&(#
0%C&'1&%L(%'1&"1&$1P*&H%D#+&51&?&9%$9*&4%'"*C#%&*/)1'(1&?'41V1X&51$&'?&?&*'"%&)$1D1
$#"%)#.*&4$%"*)&!"514#(#&*&=.1P#(*&(#4#L#5?Q*&`D*+&*&3%J*<#&B$#J?&'1&4$*L$?S*%&*
!"514#(%)&'1'"$*QX&U)#(*+&3#).%)*Q&['4.#V*$1(1&!"514#(%)1&)%5)%L1&'0.#8#.1&'?&')%51
4%$%L*<1&(#&L?9$%)#P0%&".1&"%0%D&<1.1&C%L*(1&-?9$%)P#(*&'#D*&4$14%$?P*.*&'?&')%5*D
"$C%)<*D#&7&5#(?#$#X&L#&(1&*L?&'#&'")#$*D#&*&$%9%D&4$10%&!"514#(%)#&4%L$?P5#&U
!"514#(&51X&/#9$*(?"X&&5#(?#$#& &C%L&?4?"*%&')%51&4%'.#(*01&0$#J?&R.N%(/?X&'*C?$(%
"$#S1Q*&4%D%Q&R.*&4$1&(1C%&51&D%C#%&L%9*"*&%LC%)%$&%"?L#&4$1L#.*&'?&'1&`D*+&*&3%J*<#
=.1P#(*D#&H%&?/*D#81&`D*+#&*&3%J*<#&*/#/)#.%&51&4$%"1'"1&9$#Q1&H#.%)#<#X&0%5*&'?
"$#S*.*&"1&%9.#'"*&0#%&9*)+1&4%L$?P51&D#>#$'01&0$?(1&`(%&51&D#.%&"#0.%&*&0$#J#&H%D#+#
[&N19$?#$?&%(&51&9*%&?4?"*%&')%51&*/#'.#('")%&?&=.1"01X&0%51&51&*D#.%&L#&'0.%4*&'#)1/
*/D1>?&81C#&*&Y14?9.*01X&*.*&?4$#)%&L#&*/$#L*&/#+"*"?&Y14?9.*01&/#&0$#J1)?&9?L?Q(%'"X
0%5#&51&5%+&9*.#&(1*/)1'(#&B#L&51&Y14?9.*0#X&4%&')%5%5X&"$#L*<*%(#.(%5&$1/1$)*'#(%'"*X
%L9*.#&51L#(&L1%&0$#J1)*V&4%(?L#X&0$#J1)&4%'.#(*0&51&"$#S*%&9#$&'#)1/&4$%"*)&H?$#0#&*
!"514#(#&#&4%L'1"*%&51&?/C$1L&L#&51&`D*+&9%'#('0*&C$#L&Y14?9.*0#&51&'D#"$#.#X&L#&51&4%'#%&'
H?$<*D#&4%91L%D&V$*+Q#('01&.*C1&)1Q&C%"%)&*&L#&(%)1&%9#)1/1&4$%"*)&8*V&(*'?&4%"$19(1
3$*D*.#&51X&D1>?"*DX&/#51L(*P0?&9%$9?&4$%"*)&!"514#(#&[0#/*)#81&(#&`D*+&0#%&(#
9%'#('0*&C$#L&4%'"#.%&51&91'4$1LD1"(%X&4%+"%&C#&51&Y14?9.*0#X&C%)%$*.%&'1&"?X&%"1.#&%L
!"514#(#&*&%(&51&'#L&81/*(&M$#L&51&L%*'"#&*&%'"#%&?&D.1"#P0*D&$?0#D#&U'V%L&$#"%)#8#
(#&"%5&'"$#(*&*'4#%&51&(#&!"514#(%)?&%'1"(?&+"1"?&-%8#&T1$1")#&L%+.#&51&4%L&).#'"


 

 2A
9%'#('0%C&0$#J#X&#&'1)1$(%&4%L$?P51&%L&"%C#&%"1.*&'?&=.1P#(*
U&?&\1"*&'?&'1&%9$(?.1&4$*.*01&4$%"*)&!"514#(#&3%0%.19#(&V$*+Q#('0*D&?'41'*D#&?&9%$9*
4$%"*)&H?$#0#&*&?4.#+1(&/#&')%5?&9?L?Q(%'"X&!"1)#(&d$(%51)*Q&'1&,&D#$"#& &C%L&?
!0#L$?&*/D*$*%&'#&=.1P#(*D#&!"514#(&51&"#0%&*/C?9*%&*&')1&"10%)*(1&(#&"%5&'"$#(*
U'"*(#X&81C%)*&4$1C%)%$*&'#&0$#J1D&R.N%(/%D&/#)$+1(*&'?&'#&?'41V%DX&#.*&?&%)#5&D#V&91/
(10*V&4$#0"*P(*V&4%'.1L*<#&[&T#4?J?&%91Q#%&51&0$#J&2&N19$?#$#& &!"514#(%)*D
4%'.#(*<*D#&L#&Q1&'1&/#?/1"*&0%L&(1D#P0%C&<#$#&*&L$?C*V&L)%$%)#X&L#&'1&!"514#(?&)$#"1
/1DJ1X&0%51&'?&D?&?/1.*&0$#J&H%D#+X&U)#(*+&3#).%)*Q&*&=.1"#P0#&Y14?9.*0#X&#.*&4$1D#
%(L#+8*D&4$*.*0#D#&?&')1"?&"%&51&*/C.1L#.%&)*+1&0#%&(10#&?"1V#&_1"*$*&L#(#&4%"%D&9*%&51
'0.%4J1(&*&N%$D#.(*&'#)1/&*/D1>?&R.N%(/#&*&!"514#(#X&0%5*D&51&(#4?J'0*&0$#J&5#DP*%&/#
4%*D1(*P(%&(#)1L1(1&4%'1L1&!"514#(%)1&3%&R.N%(/%)*D&$1P*D#&!"514#(&'1&F4$1L#%F&81D?X
"&5&4$*D*%&81C%)%&4%0$%)*"1J'")%&F'#&')*D#&')%5*D&)#/#.*D#F&%P1)*L(%&/#"%X&+"%&51&(%)*
%9.*0&81C%)*V&%L(%'#&%91Q#)#%&81C%)*D&4%'.#(*<*D#&)*+1&%L&?"1V1&L#"1&2&N19$?#$#
`)*D&?C%)%$%D&%9#)1/*)#%&'1&R.N%(/&L#"*&!"514#(?&F &&

 &&‚ && &
 


&& &‚‚ & &   &È& && X&&  &&‚‚ & 


  &
F&!"514#(%)#&%9.#'"&V)#"#.#&51&%L&!%0%.#&(#&-$*(*&*&=*.1+1)#&*&=1L?(#&*
`'"$%C#&L%&T%)%C&*&Y*'(#&(#&D%$?X&*&`D*+#&?&3$*D%$5?X&#&UD%"'0%C&*&-?)(#&(#&/#4#L?X&*&L%
:%L*L51L#&(#&'1)1$?&H%&(*51&(#$#)(%X&5%+&4$#)*&L%0#/X&L#&51&!"514#(&?&"#5&D#V&*&L$S#%&')#&"#
D1'"#&*&%9.#'"*&!.?P#5&'#&`D*+1D&"%&4%0#/?51&%P1)*L(%&`)%&51&'#D%&%9*D&4%L$?P5#&0%51&51
%(&S1.1%&L#&0$#J&R.N%(/&C#$#("?51&!"514#(&'1&'#&')%51&'"$#(1&%9#)1/#%&0$#J?&4.#Q#"*
C%L*+81X&0#L&"#5&9?L1&?&$#"?X&/#&V*J#L?&0%8#&A27&L?0#"#X&#&?&D*$?&%(%.*0%X&0%.*0%&51
4.#Q#%&L%".1&'?."#(?&3$1D#&L?V?&'#)1/(%C&?C%)%$#&*D#%&51X&4%&0$#J1)?&4%/*)?X&0$1(?"*
4$%"*)&')#0%C&81C%)#&(14$*5#"1J# 
\#&"%&)$1D1&0$#J&H%D#+&51&4%'"*C#%&(101&?'41V1&*&4$%"*)&H?$#0#&!$1L*(%D&D#5#& &%(&51


%"1%&"#L#&8*V%)&C$#L&!$19$1(*0X &V*"#5?Q*&L#&C#&4$*4%5*&;%'(*&4$1&(1C%&+"%&9*&C#
4%(%)%&%')%5*%&L1'4%"&c?$#>&B#0%&51&L1'4%"&9*%&'#)1/(*0&D#>#$'0*&H%D#+&'1&4%"$?L*%&L#
%95#'(*&')%5&4%'"?4#0&*&(#&D#>#$'0%D&L)%$?&]1C%)&/#+"*"(*0&9*%&51&O#(0%&:?8#L*X&C.#)(*
)%>#&?&9%$9#D#&4$%"*)&H?$#0#&*&4$)#&.*P(%'"&?&?C#$'0%5&L$S#)*&4%&D%Q*&*&?"*<#5?&]1D?&51
A&5?(#&"1&C%L*(1&H%D#+&*/L#%&51L(?&4%)1J?&4?(?&4$*/(#8#&[&8%5&0$#J&'#D&0#S1X&L#&C#&51&(#
9%'#('0%D&0$#J1)'0%D&4$1'"%.?&?")$L*%&D#>#$'0*&0$#J&K.#L*'.#)&4%&/#?/*D#8?&*
4$14%$?<*&:?8#L*51)%5&`(&'1&'&"%C#X&%'.#8#5?Q*&'1&4%"4?(%&(#&D%Q(%C&D#>#$'0%C&D#C(#"#X
/#0.*81&(#&)1$(%'"&*&'.?S9?&D#>#$'0%D&0$#J?X&#&O#(0?&'1&/#$*P1X&L#&Q1&D?&9*"*&*&%'"#"*
%L#(&4$*5#"1J&*&L#&D?X&?&'.?P#5?&D#&0#0)1&(1/C%L1X&%")#$#&')%5?&0?Q?&B#%&/(#0&"1&%L#(%'"*&%(
Q1&)%5)%L*&O#(0?&L#)#"*&')#01&C%L*(1&4%&A777&/.#"(*V&N*%$*(# &H#0%&51&9%'#('0*&0$#J
4%'"#%X&?&(10?&$?0?X&(1&'#D%&)#/#.&D#>#$'01&0$?(1X&(1C%&*&81(*V&)1.*0#+#
3%"4?(%&%'*C?$#(&0%L&=#>#$#&*&0#%&(101&)$'"1&8*V%)&'#)1/(*0&H%D#+&'1&)1Q&0$#51D&5?.# 
'4$1D#%&(#&L#J1&9%$91&4$%"*)&!"514#(#&0#%&)#/#.#&*&'#)1/(*0#&H?$#0#i&#.*&L%&"*V&9%$9*X
0%.*0%&/(#D%X&"#L#&9#$&(*51&L%+.%&B$#J&51&/#&"%&)$1D1&C.1L#%&(#&')1&(#P*(1&L#&4%4$#)*&')%5
4%.%S#5&B#%&(14$*/(#"*&'*(&0$#J#&`'"%51&%(&51&'D#"$#(&0#%&(1L%'"%5#(&4$1'"%.#&*&9*%&51&%L
*/)1'(%C&L1.#&).#'"1.1&%'4%$#)#(&B#0%&51&9*%&%S181(&S1(%D&*/&4?0#&(*51&*D#%&4%"$19(%C
%'.%(<#&0%L&)1.*0#+#X&0%5*&9*&*(#P1&L%9*%&9#$&0%L&S1(*(1&$%L9*(1X&L#&51&?/1%&(10?
).#'"1.*(0?&R.*&D?L#$X&*&'#)*"J*)X&*&4$*.*P(%&1(1$C*P#(X&H%D#+&'1X&*4#0X&(1&'#D%&/(#%
%L$S#"*X&(1C%&P#0&*&%'1"(%&L*Q*&T#&0%C#&'1&')1&?&/1DJ*&?&4$)%&)$1D1&(#'.#8#%&(1&/(#D%
'#')*D&4%?/L#(%i&)*L1.*&'D%&'#D%&L#&51&4$%"*)&)%5)%L1&!"514#(#&*("*D(%&'#$#>*)#%&'#
U)#(*+1D&3#).%)*Q1D&*&/(#D%&L#&51&51L(%&)$1D1&"%&9*.#&C.#)(#&%'%9#&(#&81C%)?&L)%$?&-#
9*&4$*L%9*%&/#&'191&*&0#"%.*P0%&')1+"1('")%&0$#J&51&?&.1"%& &4$*D*%&8*V%)?&)1$?
3$1L&0$#5&.1"#& &'4%$#/?D1%&'1X&(#5/#LX&*&'#&-?9$%)P#(*D#&[&B$1+1)?X&A&'14"1D9$#X
4%")$L*%&*D&51&')1&4%).#'"*<1&*&?C%)%$1X&0%51&'?&*D#.*&'&F(#+*D*&$%L*"1.*&*&4$#$%L*"1.*X
'#&C¨'4%L¨D¯&'$¯9¯'0%D¯&*&9%'#(¯'0%D¯FX&#&%(*&'?&'1&81D?&%9#)1/#.*&4.#Q#"*&277&41$41$#
C%L*+81&?&*D1&')1"%L*D*"#$'0%C&*&'"%('0%C&L%V%"0#


 

 2
3%&!1C1L*('0%D&=*$?X&'0.%4J1(%D&"%C#&.1"#X&L1'4%"&c?$#>&*D#%&51&L#&L%9*51&(#"$#CX&D1>?
L$?C*D#X&*&')%51&$#(*51&4%'1L1&?&\1"*&-?C#&9%$9#&*/D1>?&!"514#(#&K?0P*Q#&*&=.1P#(#
4%0#/#.#&'1&4%'.1&"%C#&'#&5%+&(1C#"*)(*5*D&9*.#('%D&H%&51&%")%$*.%&%P*&*&!"514#(?&3%$#/
H?$#0#X&*&81C%)#&%'#DJ1(%'"X&*&/#)#L#&*&'#&=#>#$'0%D&*&=.1P#(*D#&*&9%'#('0*D&0$#J1D&*
L1'4%"%DX&(#"1$*)#.*&'?&!"514#(#&L#&"$#S*&*/.#/#&!&0*D&L#&'1&D*$*“&!"514#(&51&0#%&4$)%C
*/#9$#%&'"#$%C&L1'4%"#&=%SL#&'&"%C#&+"%&51&4$1D#&81C%)%5&S*.#)%5&%"4%$(%'"*&*D#%
*'0$1(%C&4%+"%)#8#X&#.*&D%SL#&5%+&*&)*+1&+"%&51&*&L1'4%"X&/9%C&!$19$1(*<1X&9*%
(14$*5#"1J&9%'#('0%C&0$#J#&B$#51D&(%)1D9$#&!"514#(&'1&'4$1D#%&L#&*L1&(#&*/D*$181
L1'4%"?&*&%9$#"*%&'1&-?9$%)(*0?&/#&'#)1"&*&4%'$1L%)#81&3$1C%)%$*&'?&4%"4?(%&?'41.*
K1Q&4$)*V&(1L1J#& 2&C%L&%L(%'*&*/D1>?&L1'4%"#&*&!"514#(#&'#')*D&'?&'$1>1(*&*&%)#5&51X&?
/(#0&4%"4?(1&*'4$#)(%'"*X&)$#"*%&!$9*5*&%(#5&L1%&\1"1X&'&C$#L%D&=1L?(%DX&0%5*&51&L%".1
L$S#%&=.1P#(*&'?&'1X&D1>?"*DX&?'"$?P#)#.*&L#&4%'"?41&"#0%&;$#(*.*&'?&'1X&L#&%(*&(*'?
?/1.*&\1"?&%L&L1'4%"#&(1C%&%L&!"514#(#X&0%5*&*D&51X&0#%&"?$'0*&)#/#.X&9*%&/#51L(*P0*
(14$*5#"1J&]*V%)%&?'"1/#81&J?"*.%&51&'"#$%C&c?$>#&[&N19$?#$?&)1Q&'1&C%)%$*.%&?&;%'(*&%
"%DX&0#0%&51&P#0&)1$%)#"#(&'#)1/&*/D1>?&!"514#(#&*&L1'4%"#&4$%"*)&=.1"#0#&;%'#('0*&0$#JX
%9#)1+"1(&%&"%DX&4%(%)%&'1&4%(?L*%&=.1"#P0%5&Y14?9.*<*&0#%&'#)1/(*0&4$%"*)&V?D'0%C
)%5)%L1X&#.*&')#&51&"%&%L9*.#&(1&V%"1Q*&(%)*V&/#4.1"#&'#&L1'4%"%D&K%5)%L#&!"514#(&91+1
)1Q&D1'1<#&N19$?#$#&'*+#%&?&"$19*8'0?&%0%.*(?&*&4%P1%&*/)1'(#&'4$1D#8#&B$#J&R.N%(/X
0%D1&'1&%(&%9$#"*%&/#&4%D%QX&%L#/)#%&'1&"%D&4%/*)?X&*&(#&)1.*0%&/#4$14#+Q181&B%"%$#(#X
81C%)#&N.%"#X&'#&P1"*$*&C#.*51X&4%5#)*.#&'1&#4$*.#&D1'1<#&4%L&T%)*D&-%&$#"#&*4#0&(*51
L%+.%&[&#4$*.?&'?X&?&=.1<*D#X&4%P1.*&(%)*&4$1C%)%$*&/#&'4%$#/?D&'#&*/#'.#(*<*D#
L1'4%"%)*D&*&!"514#(%)*D
o$#81)<*&9%'#('01&)*0#$*51&9*.*&'?&?&%)%&)$1D1&(#&4#4'0%5&0?$*5*&'"10.*&)$.%&.14&C.#'
K#S*.*&'?&0#%&F91L1D&/#&L%D&C%'4%L8*&*&4$%4%)1L#81&4$#)1&)1$1F&H%D&C.#'?&51
(1'?D8*)%&L%4$*(1%&?'41V&'#&0$#J1)*D&4%0$+"#)#81D&\#V)#J?5?Q*&"%5&L%9$%5&$14?"#<*5*
L%+.%&51&L%&"%CX&L#&51&4#4#&f)C1(*51&IaX& &5#(?#$#& 2X&?&51L(%D&)#S(%D&'4%$?&*/*+#%&?
'?'$1"&9%'#('0*D&S1J#D#&U/D1>?&D#>#$'0*V&N$#81)#<#&'&51L(1&*&;%'#(#<#&*&4$10%'#)'0*V
F!.%)1(#F&'&L$?C1&'"$#(1&91+1&L%+.%&L%&'?0%9#&/9%C&C$#(*<#&)*0#$*5#&H%0%D&9%$91&%(*&'1
4%"4?(%&$#'<14#+1X&4#&51L(*&*/#9$#+1&')%CX&#&L$?C*&(%)%CX&')%CX&)*0#$#&3#4'0#&0?$*5#&51
/9%C&"%C#&4%'$1L%)#.#&*&4%(*+"*.#&C$#(*<1X&0%51&'?&*/#/)#.1&'4%$X&4#&51&%L$1L*.#&L#
)*0#$*5#&;%'(1&*D#&'#D%&51L(%C&)*0#$#X&*&"%&?&81(*D&'"#$*D&C$#(*<#D#&`LD#V&4%"%DX&
N19$?#$#X&4#4#&51&L%/)%.*%&N$#81)<*D#&9%'#('01&)*0#$*51X&L#&D%C?&L1.%)#"*&?&=%.L#)'0%5X
f$L1J?&*&[C#$'0%5&*&4$*D#"*&"#D%&D#(#'"*$1&0%51&*D&L%/(#P*&0#$L*(#.&O?.*5#(&d1/#$*(*X&/#
0%C#&'1&?&Y*D?&"#L#&5%+&(*51&/(#.%X&L#&51&4#%&4$%+.1&51'1(*X&/#51L(%&'&D#>#$'0*D&0$#J1DX&?
9*<*&0%L&K#$(1
B$#J&H%D#+&'1&9*%&?4.#+*%&(#&)1'"*&%&4%$#/?&'#)1/(*P01&V$*+Q#('01&)%5'01&4%L&K#$(%DX
0%5*&'1&4$1")%$*%&?&4$#)?&0#"#'"$%N?&:"1%&51&'&"%C#&L#&'1&+"%&"1+81&)1S1&'&=.1P#(*D#X&4#
*D&51&4%(?L*%&(1&'#D%&'#)1/&4$%"*)&!"514#(#X&(1C%&*&(101&C$#L%)1&%0%&3%J*<#X&L#&9*&4%0#/#%
0#0%&(1D#&(*0#0)*V&%')1"(*P0*V&(#D1$#&3$%"*)&!"514#(#&*D#%&'1&4%L*Q*&*&51L#(&(%)&C$#L
0%L&T1$1")1&B$#J&51X&?&*'"%&)$1D1X&/#&'.?P#5&(1)%J1&"$#S*%&'0.%(*+"1&(#&D.1"#P0%D&".?X&#
D%.*%&51&?/&"%&Y14?9.*0?X&L#&?4?"*&*&51L(%C&')%C&'"#.(%C&4%'.#(*0#&(#&81C%)&L)%$&=.1P#(*
'?&')1&"1&4%(?L1&J?9#/(%&%L9*.*&'1D&%(1&51L(1X&L#&0$#J?&L#L?&?"%P*+"1&;%5#.*&'?&'1X
%4$1/(%X&D#&0#0)*V&?C%)%$(*V&%9#)1/#X&0%51&9*&*V&D%C.1&L%)1'"*&?&(%)1&'?0%91 
B$#J?&51&9*.%&D(%C%&'"#.%&L%&"%C#X&L#X&*'0%$*'"*)+*&L%9$%&$#'4%.%S181&0?$*51X&4%L*C(1
')%5&?C.1L&3#4#&f)C1(*51&*D#%&51&L%*'"#&D(%C%&%9/*$#&4$1D#&81D?X&#&S1.1%&51&*&L#&C#&%L$S*
?&(%)%5&)1$*&]1C%)&F‚& F&4%4$#)*%&51&"#0%X&+"%&51&9$#0&81C%)#&%<#&(#0(#L(%
.1C*"*D*'#%X&4#&'1&0$#J&*D#%&'D#"$#"*&F
&&   & &
&


F&:)#.1Q*&81C%)?
)1$'0?&$1)(%'"&4#4#&C#&51&?&*'"%&)$1D1&4$*/(#%&*&0#%&0$#J#&!1D&"%C#X&4#4#&51&L$?C*D&#0"%D
$#/)1%&*&0$#J1)&9$#0&'#&81C%)%D&S1(%DX&4?P#(0%D&K%5#P%DX&0%5?&).#'"1.#&(*51&V"1.#&L#
4$*/(#&0#%&0$#J*<?&/9%C&81(%C&F(*'0%CF&4%$10.#
&H*D&#0"%D&%L&&D#5#& 2&C%L
H%D#+&'1&F%'.%9%L*%F&*/)1'(*V&(#'.1>#X&0%5#&'?&D?&'D1"#.#&H*D&51X&4%&81C%)%D&'V)#"#8?X


 

 22
L%9*%&?&?C.1L?&4$1D#&4.1D'")?i&?&4?0?X&D1>?"*DX&')*&"*&#0"*X&/#51L(%&'#&4$1)1$#)#81DX&9*.*
'?&"?D#P1(*&'#D%&(#&81C%)?&+"1"?
3%+"%&'1&(#&"#5&(#P*(&%/#0%(*%X&0$#J&'1&$1+*%&L#&$#+P*'"*&')%51&%L(%'1&*&'#&)%5)%L%D
!"514#(%D&`(&51X&/#51L(%&'&U)#(*+1D&3#).%)*Q1DX&4$%L$%&L?9%0%&?&*'"%P(1&!"514#(%)1
%9.#'"*&3%P1"0%D&5?.#&%P10*)#.%&'1&?&-?9$%)(*0?X&L#&Q1&8*V%)#&)%5'0#&4$%0$P*"*&'19*&4?"
L%&O#'1(#X&*/#&;*.1Q1X&#&D%SL#&P#0&*&L%&H$19*8# &B$#J&51&"#L#&L%*'"#&'"*C#%&?&9.*/*(?
8*V%)#&4%L$?P5#&[&Y14?9.*<*&'1&2&*&@&5?.#&$#'4$#)J#.%&%&4%$?0#D#&0$#J1)*D&F
 &‚

 & &‚  F&K.#L#&L?9$%)#P0#&L%/)%.*.#&51&0$#J1)%5&)%5'<*X&L#&(#&81(%D


".?&0?4?51&V$#(?&*&4*Q1X&#.*&(1&*&%$?S51 &3%L&%)*D&4$*"*'0%D&!"514#(&'1&%L.?P*%&L#
4%S?$*&'0.#4#81&D*$#&'#&=.1P#(*D#&]1C%)*&4%'.#(*<*&L%9*.*&'?&%)%C&4?"#&+*$%01
4?(%D%Q*&=1>?"*D&'?&*&=.1P#(*&4%'"#.*&L#.10%&4%C%L(*5*&/#&4$1C%)%$1X&9%51Q*&'1&'#$#L81
*/D1>?X&)1Q&/9%C&8*V%)*V&4%'"?4#0#X&$#/J?Q1(%C&L1'4%"#&*&!"514#(#&T14$*5#"(#&*D&51
(#$%P*"%&9*.#&*&)1/#&*/D1>?&!"514#(#&*&0$#J#&R.N%(/#&*&4%5#)#&R.N%(/%)1&N.%"1&?&5?S(%D
L1.?&O#L$#('0%C&=%$#&3%'.1&*/)1'(*V&4$1C%)%$#&D*$&51&'0.%4J1(&A&#)C?'"#&(#&%)%5&9#/*
L#&'1&!"514#(?&)$#"1&81C%)1&0?Q1&?&=.1<*D#X&\#L$?&*&B%"%$?&*&L#&D?&'1&4%P(?&*'4.#Q*)#"*&*
"#0%/)#(*&0%"%$'0*&4$*V%L*&H1$*"%$*5#.(1&/#V"1)1&!"514#(%)*&4%'.#(*<*&(#4?'"*.*&'?
)$.%&9$/%X&P*D&'?&(#*+.*&(#&D.1"#P0*&%"4%$&[&?C%)%$?&%&D*$?&)%5)%L#&'1X&4$10%&')%5*V
4%'.#(*0#X&4%"4?(%&%L$10#%&*&;#$#&(#&5?C?&*&`D*+#&(#&'1)1$?&U/&<1.1&%)1&9%$91
!"514#(&51&*/#+#%&4$*.*P(%&%+"1Q1(X&*&D%$#.(%&*&'")#$(%X&#.*&D(%C%&%'.#9J1(&*4#0&(*51
9*%

3%+"%&'1&'D*$*%&'#&=.1P#(*D#&!"514#(&'1X&)1Q&/#D%$1(X&V"1%&L#&(#C%L*&*&'#&9%'#('0*D
0$#J1D&`)#5&51&4%'.1&(1'?D8*)%C&"?$'0%C&?'41V#&4$%"*)&=#>#$#&4%'"#%&(1+"%&?/L$SJ*)*5*
?&%L(%'?&4$1D#&8*D#&*&'0.%(*5*&/#&4$1C%)%$1&'#&V?D'0*D&)%5)%L%D&\#9$*8#)#.%&C#&51&*&"%X
+"%&'1&!"514#(%)&'#)1/(*0X&0$#J&R.N%(/X&%/9*J(%&(%'*%&D*+J?X&L#&'1X&0#%&*&L$?C*&81C%)*
(#4?J'0*&4$1"V%L(*<*X&0#(L*L?51&(#&D#>#$'0*&4$1'"%X&(#&0%5*&51&L%+#%&5%+&D.#L*&b#L*'.#)
3%'D$P1X&4%L&"?"%$'")%D&:?8#L*51)*D&3%&51L(%D&4.#(?X&R.N%(/&51&(#D1$#)#%&L#&'#
T1$1")1X&4$10%&!"514#(%)#&4%L$?P5#X&*&L#J1&4$10%&;%'(1X&?V)#"*&)1/?&'#&=#>#$*D#X&0#%&+"%
'?&51&$#(*51&V)#"#.*&4$10%&e?9*Q1)#&4%L$?P5#&*&:$)#"'01&H#&)1/#X&(#$#)(%X&*D#.#&51&9*"*&?
0$#58%5&.*(*5*&)%5(*P0#&T1&/(#5?Q*&0#0#)&"%0&D%C?&L#&?/D?&L%C#>#5*X&H%D#+&51&S1.1%&L#&(1D#
')?L#&%0%&'191&4$%"*)(*01&*&(14$*5#"1J1&!&"%C#&51&D%.*%&=.1P#(1&L#&4%'$1L?5?&0%L&H?$#0#
/#&*/D*$181&'&8*Di&'&"%C#&51&9*%&'4$1D#(&L#&'1&4%C%L*&*&'#&)%5)%L%D&!"514#(%D
[&D#5?& ,&C%L&L%+.%&51X&4%'.1&L?S*V&4$1C%)%$#X&L%&*/D*$18#&*/D1>?&0$#J#&H%D#+#&*
!"514#(#&!"514#(&51X&'&.14%D&4$#"8%DX&?&0%5?&'?&9*.*&?4?Q1(*&*&L?9$%)#P0*&4%'.#(*<*&'
8*V%)*D&')*$#P*D#X&'"*C#%&&D#5#&?&=*.%L$#SX&CL1&C#&51&0$#J&4$*D*%&)$.%&'$L#P(%&-#
*/D*$181&9?L1&4%"4?(%&*&"$#5(%X&0$#J&'1&)1(P#%&'#&!"514#(%)%D&Q1$0%D&B#"#$*(%D&H%D
)1/%D&L%9*.*&'?&D(%C%&*&0$#J&*&!"514#(&B$#J&51&'"10#%&4%"4%$?&(#5D%Q(*51C&*
(#5?"*<#5(*51C&)1.*0#+#&')%51&L$S#)1X&#&!"514#(&51&"*D&4%"1/%D&4%)$#"*%&'#)&')%5&*/C?9J1(*
4$1'"*S&[L$?S1(#&8*V&L)%5*<#&D%C.#&'?&9*"*X&L%*'"#X&'")#$(*&C%'4%L#$*&;%'(1&*&:?D#
`)%&*/D*$181&*/D1>?&H%D#+#&*&!"514#(#&4%0)#$*.%&51&51L*(%&L1'4%"%)1&%L(%'1&'#
!"514#(%D&-1'4%"&51&9*%&0*)#(&(#&;%'#(<1&+"%&'?&D?&4$1%"1.*&!$19$1(*<?X&0%5?&51&%(&9*%
4%)$#"*%&/#&)$1D1&9%$91&*/D1>?&0$#J#&*&!"514#(#&;%51Q*&'1&L#& ,&/9%C&"%C#&(1&L%>1&L%
(%)1&9%$91&*/D1>?&;%'(1&*&!$9*51X&-?9$%)#P0#&Y14?9.*0#&(*51&L%/)%J#)#.#&!"514#(?&*/
')%C#&C$#L#&*/)%/&4$#V#&*&9#.*'"#$#X&#&9%'#('0%D&0$#J?&*/)%/&%$?S5#&*&0?4J181
(#5#D(*0#
;%'(#&*(#P1&%L#)(%&(*51&9*.#&D*$(*5#&*&'"#9*.(*5#&(1C%&?&%)%&)$1D1&B$#J&H%D#+&'1&'#
*/)1'(*D&4%(%'%D&4%"4*'*)#%&F0$#.¯&!$¯9.1D¯X&;%'(*X&3$*D%$*ÛX&:?.D¯'<*&/1D.*X
-#.¯D#<**X&:$¯)#"%D¯X&-%(*D¯&B$#1D¯X&\#4#L(*D¯&!"$#(#D¯X&['?$*X&!%.*X&3%L$*(*ÛF&[/
!"514#(#&K?0P*Q#&0$#J&51&*D#%&?/#&'1&*&)%5)%L?&U)#(*+#&3#).%)*Q#X&*&31"$#&K%5'#.*Q#X
C%'4%L#$#&-%8*V&B$#51)#X&)1%D#&<181(%C&(#&4#4'0%5&0?$*5*X&0#%&F51L*(%C&0(1/#&0#"%.*0#&?
%(*D&'"$#(#D#F&[&D#5?& ,&H%D#+&51&4$*D*%&4%L&')%5?&/#+"*"?&*&0(1/#&=*0.%?+#


 

 2,
;.#C#5'0%CX&'*(#&0(1/#&U)#(*+#X&#&?&#)C?'"?&L#%&51&'*(%)*D#&)%5)%L1&U)#(*+#
-$#C*+*Q#&C$#L&BJ?P&'#&L%'"#&4$%'"$#(%D&%9.#+Q?&[/&0$#J#X&4$*.*0%D&"%C#&L#$*)#8#X
(#.#/*.1&'?&'1X&?/&)%5)%L?&!"514#(#&*&U)#(*+#&3#).%)*Q#X&C.#)(1&.*P(%'"*&"#L#+81
9%'#('01&L$S#)1&)%5)%L#&31"#$&B%)#P1)*QX&)%5)%L#&H)$"0%&!"*4#(%)*QX&)%5)%L#&K.#L*'.#)
B.1+*QX&0(1/&!"514#(&K.#L*'#.*QX&0(1/&K?0*Q&K.#"0%)*QX&0(1/&U)#(*+&-?0%51)*QX&0(1/
H)$"0%&K.#L*'#.*QX&0(1/&`'"%5#&!"#(%51)*QX&0(1/&Y#L*P&=%/%.*QX&0(1/&Y#L%'#)&3?"(*P*Q&*
0(1/&U)#(&e#("*Q&[4#L#&?&%P*X&L#&D1>?&"*D&.*<*D#&(1D#&0$#J1)#&9$#"#&Y#L*)%5#X&0%5*&'1
%P1)*L(%&5%+&L%&"%C#&)$1D1(#&(*51&9*%&*/D*$*%&'&8*D&T1D#&4%D1(#&(*&%&4#4*(?&.1C#"?X
V)#$'0%D&14*'0%4?&H%D*&H%D#/*(*5?X&0%5*&51&L?C%&)$1D1(#&?"*<#%&(#&H%D#+# &=1'"%
81C#&5#)J#&'1&(#&"%D&)#S(%D&'0?4?&L1L&=*.%51X&0#%&C.#)#&9%'#('01&<$0)1&B$#J&'
)1.*0#+*D#&P#0&%9$*P1&-$#C*+*Q*D#X&L#&*D&'1&4%0.%(&*&)1$#&(1Q1&')1&L%".1&4%$1Q*X&L%0&*D
0$*)*<#&(1&9*&9*.#&F¨C.1L#(#&C%'4%L*(%D¯&L*L%D¯&*&<$¯0)%D¯&9%'#(¯'0%D¯&*&L%9$*D*
;%+(#(#D*F
&;%'#('0%&4.1D'")%&9*.%&51&%P1)*L(%&?&%C$%D(%5&)1Q*(*&(10#"%.*P0%&[
%'"#.%DX&/#&"%&(1&"$19#&5#'(*51C&L%0#/#&%L&%(*V&$1P*X&0%51&51&'#D&4#4#&?4%"$19*%&/#&31"$#
K%5'#.*Q#
B$#J&H%D#+X&0%5*&'1&%$*51("*'#%&4$1D#&Y*D?&*/&P*'"%&L*(#'"*P0*V&*&4%.*"*P0*V&$#/.%C#X
(*51&'1&D%C#%&%L?4*$#"*&$#'4%.%S18?&?&(#$%L?X&#.*&'1X&L%*'"#X&"$?L*%&L#&0%.*0%&D%S1
L1.?51&?&*("1$1'?&0#"%.*P01&<$0)1&`(&51X&L#&4%")$L*&')%5?&$1)(%'"X& 6&C%L&4%P1%&/*L#"*
4%L&C$#L%D&K$#(L?0%D&<$0)?&')%C&*D18#0#&!)&H%D1&-$?C?&<$0)?X&4%')1Q1(?&!)&H$%5*<*X
4%P1.#&51&L#&4%L*S1X&*'"1&"1&C%L*(1X&0$#J*<#&B#"#$*(#&?&K$.*D#&B$#J&51&?/1%X&4%&4#4*(%5
L%/)%.*X&L)#&N$#81)<#X&L#&*V&?4%"$19J#)#&/#&')%51&*&L$S#)(1&4%"$191&?&$#/(*D
D*'*5#D# &!1D&"%C#X&%(&51&S*)%&?"*<#%&(#&*/)1'(1&')%51&)1.*0#+1X&L#&4$*>?
0#"%.*P#('")?&*&*D#%&51&?&"%D&4$#)<?&*/)1'(%C&?'41V#&O%+& ,&C%L&4$1+.*&'?&?&"?&)1$?
0$#J1)&4$%"%)1'"*5#$&Y1'"%51&*&c%$>1&H)$L*'.#)*Q&*/&:?D# &[&%0"%9$?& ,&4#4#&51
4$*D*%&4%L&')%5?&/#+"*"?&*&0$#J1)#&9$#"#&Y#L*)%5#&3%&*/)1+"#5?&9*'0?4#&H%D1&*&4%
4%/(#"*D&4#4*(*D&9.#C%'.%)*D#X&?&;%'(*&'?& ,6&C%L&L%9*.1&*/)1'(1&4%).#'"*<1
(10%.*01&0#"%.*P01&<$0)1X&0#%&;%C%$%L*P*(#&?&;%P#<?X&L$?C#&;%C%$%L*P*(#&?&Y#+"#(*D#&E“G
?&:?D?&Ev

G X&!)&c%$>#&?&O1/1$?X&;%C%$%L*P*(#&?&K$9(? &B$#J1)*D


/#?/*D#81D&4%'"#%&51&0#"%.*0&*&)%5)%L#&!.#L%51&!1(0%)*Q&'#&9$#Q%D&M$C?$%D&*&[.$*0%DX
0%51&51&4#4#&4$*D*%&4%L&')%5?&/#+"*"? &B$#J1)?&$1)(%'"&4%"*<#%&51&D(%C%&9*'0?4&H%D#X
0%5*&51&9*%&?4?Q1(&0#%&4#4*(&.1C#"&?&;%'(?X&CL1&51&P*"#)&51L#(&L1<1(*5&D(%C%&$#L*%&/#
*("1$1'1&<$0)1X&*&"%X&0#0%&)*L*D%X&(1&91/&?'41V#
o$#81)<*&'#D*&(*'?&9*.*&/#L%)%J(*X&+"%&0$#J&(*51&)*+1&1(1$C*P#(&4$1D#&(10#"%.*<*D#&*
%4"?S*)#.*&'?&C#&/9%C&81C%)1&4#'*)(%'"*&*&0#%&4%"#5(%C&4%D#C#P#&51$1"*0#&T*'?&D?&'&"%C#
L%/)%J#)#.*&L#&'1&4$*P1+Q?51&`(*&'?&"$#S*.*&4$%"*)&F(1)1$(*0#F&1(1$C*P(1&D1$1X&S1.1/%
*&)#"$?X&(#.#/1Q*&L#&(*+"#&L$?C%&(1&D%S1&4%D%Q*&4$%"*)&8*VX&0%5*&'?&'1&)1%D#&(#D(%S*.*&*
%5#P#.*&B$#J&'1&'&"%C#&%9$#"*%&4#4*X&L#&D?&%95#'(*&')%5&'"#)&`(&51&*'0$1(&*&?)1$1(&0#"%.*0X
#.*&D%$#&L#&)%L*&$#P?(#&*&%&%'1"J*)%'"*&*&$#'4%.%S18?&?&(#$%L?X&51$&51&9$%5&(10#"%.*0#
)1.*0&*&8*V%)&?"*<#5&D%Q#(&`(&$#L*&4%'"141(%&*&P10#&4%C%L(?&4$*.*0?&L#&4%'"#(1
%L.?P(*5*X&#&L%".1&*&4$*D#&*&P#'"*&(10#"%.*01X&L#&*V&(1&9*&L%9*%&0#%&%")%$1(1&(14$*5#"1J1
*&*/C?9*%&4$%'"%&3#4*(&.1C#"&H%D#X&4%&4%/*)?&*/&Y*D#X&?")$L*%&51X&L#&'?&0$#J1)*&(#)%L*
"#P(*&*&4#4#&51X&'&?)*>#)(%D&4$1L?'$1"J*)%+Q?X&4$*D*%&0$#J1)1&$#/.%C1&*&C.1L#%&L#&C#&'#
')%51&'"$#(1&+"%&)*+1&4%D%C(1&!&"%C#&51&A7&5?.#& ,&4$14%$?P*)#%&D#>#$'0%D&0$#J?&L#&'1
(#>1&(#&4%D%Q*&H%D#+? 
;%'#('0*&N$#81)<*&*D#.*&9*&)1$%)#"(%&*&5%+&)*+1&?'41V#X&L#&?&8*V%)%D&$1L?&(*51&L%+.%
L%&)1.*0*V&(1'?C.#'*<#&*&<14#8#&\9%C&$#"#& A &C%L&9%'#('0*&N$#81)#P0*&)*0#$&U)#(
;#5#(*(&%L.%S*%&51&C%L*+8?&'0?4+"*(?&$1L#&H%&51&*/#/)#.%&)1.*0%&(1/#L%)%J'")%&*
4$%"1'"1X&#&/#"*D&*&*/L)#5#81&?C#$'0*V&N$#81)#<#&?&4%'19(?&)*0#$*5?&3#4#&f)C1(*51&Ia&(*51
%L%9$*%&"#5&0%$#0X&#.*&51&4%(%)%&?51L*81(%5&)*0#$*5*&4%'"#)*%&/#&'"#$1+*(?&N$#&o#9*5#(#
;#P#(*(#X&%(%&*'"%&.*<1X&0%51&51&9*.%&*/#9$#(%&/#&)*0#$#&?&%L)%51(%5&[C#$'0%5&R.*&(%)*&4#4#
T*0%.#&a&*'4?(*& &D#5#& 6&S1J?&?C#$'0*V&N$#81)#<#&*&L%/)%.*&*D&4%'19(?&)*0#$*5?&[


 

 26
*'"%&)$1D1&9*.%&51&'.*P(*V&"1(L1(<*5#&*&0%L&N$#81)#<#&?&-#.D#<*5*X&#&'#&L?9$%)#P0*D
N$#81)<*D#&/#4%L1.#&'1&$#'4$#X&0%5#&51&"$#5#.#&)*+1&C%L*(#&H%&51&')1&P*(*.%X&L#&'1
#0"*)(%'"&N$#81)#P0#&(*51&D%C.#&?'$1L'$1L*"*&(#&P*'"%&)1$'0*&$#L&*&L#&(*51&L#.#&%(#0)1
$1/?."#"1X&0#0)1&'?&S1.1.*&D1$%L#)(*&P*(*%<*&?&Y*D?&*&D%SL#&?&%)%&)$1D1&*&(#&9%'#('0%D
L)%$?&M.#)(*&$#/.%C&/#&%L)#5#81&*&?&[C#$'0%5&*&?&-#.D#<*5*&9*%&51&D#"1$*5#.(1&4$*$%L1
-#.D#"*('0*&*&?C#$'0*&N$#81)<*X&S*)1Q*&?&P*'"%&0#"%.*P0%5&'$1L*(*X&D%C.*&'?&'1
*/L$S#)#"*&%L&4$%+1)*(1&*&4$*.%C#&*/&')%51&%9.#'"*X&L%0&"%&'#&9%'#('0*D&(*51&9*%&'.?P#5
]*V&'?&D%$#.#&'"#.(%&L#&*'4%D#S?&9$#Q#&*/&[C#$'01&*&-#.D#<*51X&+"%&51&%)*D#X&(#&0$#5?X
4%'"#.%&4$*.*P(%&"1+0%&!&"%C#&N$#81)<*&*/&[C#$'01&%9?'"#)*+1& 6&C%L&L#J?&4%D%QX
0%5#&%(L#&4#L1&')#&(#&"1$1"&-#.D#"*(#<#&-#&*D&4%D%C(1X&0$#J&H%D#+&51&?)1%&4%'19#(&)1$'0*
4$*$1/X&#.*&51&"#5&9*%&$>#)%&4$*DJ1(&?&(#$%L?&U&N$#81)<*&'#D*&(#.#/*.*&'?X&L#&%(&(*51
4%L1'#(&*&L#&'1&4$%"*)*&4$#)*.*D#&8*V%)#&$1L#X&4#&'?&C#& 2A&C%L&%L9*.* 
`)1&D?01&N$#81)#<#&L%4$*(1.1&'?&P#0X&?/&L$?C1&D%D1("1X&L#&'1&4%P(?&0%.19#"*&*&%(*X&0%5*&'?
9*.*&4$*+.*&0#"%.*<*D#&H#0#)&51&'.?P#5&9*%&*&'#&U)#(*+1D&3#).%)*Q1DX&0%5*&'1&%41"
)$#"*%&'"#$%5&)1$*&B%L&D(%C*V&?&;%'(*&)1$#&(*51&9*.#&'")#$&*'"*('0%C&%4$1L1J18#&*.*
P)$'"1&"$#L*<*51X&(1C%&N*$D#X&0%5#&'1&D18#.#&4$1D#&4%.*"*P0*D&4$*.*0#D#&*&4%"$19#D#
3%.*"*P0*&J?L*&'?&?&;%'(*&4$*.#/*.*&0#"%.*P0%5&<$0)*&*.*&*/&'"$#V#&%L&D#>#$'0*V
4$%C%(#&*.*&*/&%4%$"?(*"1"#X&L#&'#&0#"%.*P0*D&'*.#D#&L%9*5?&*.*&?P)$'"1&*/)1'(1&0%$*'"*
B#L&9*&%4#/*.*&L#&'(#C#&0#"%.*P0*V&'*.#&'.#9*&*.*&L#&?&'#D*D&0#"%.*P0*D&$1L%)*D#&(1&*L1
')1&0#0%&"$19#&%(*&'?X&'0%$%&4$10%&(%QX&(#4?+"#.*&L%"#L#+8?&%$*51("#<*5?&*&"$#S*.*&(%)1
4?"1)1
3%+"%&51&4%'"*C#%&*/)1'(1&?'41V1&?&;%'(*X&9*'0?4&H%D#&'1&9*%&%9$#"*%&*&?&:?D&R.*&51&0%L
)%5)%L1&!"514#(#&(#*+#%&(#&'.#9&4$*51D&3#4#&51X&4%'.1&81C%)#&*/)1+"#5#X&&N19$?#$#& @X
/#"$#S*%X&L#&%(&5%+&51L(%D&4%0?+#&'$1Q?&*&0%L&81C#&*&0%L&)%5)%L1&U)#(*+#&3#).%)*Q#&*
L$?C*V&'"#$1+*(#X&4#X&#0%&(1&?'41X&L#&*V&#(#"1D*+1X&#&8*V%)1&/1DJ1&?'"?4*&4$*4#L(*<*D#
0#"%.*P01&<$0)1&[/&"%&L#&'1&%9?'"#)*&*&')#0*&"$C%)#P0*&4$%D1"&'&8*D# &3%&"*D
?4?"'")*D#&)*L*&'1&5#'(%&0#0%&'?&?&Y*D?&9*.*X&*4#0X&)1%D#&D#.%&%9#)1+"1(*&%&'")#$(%D
'"#8?&?&;%'(*&B%&9*&D%C#%&*/)1'"*&"1&%L.?01“&B%&*&4%&0%5?&<1(?X&#0%&9*&?%4+"1&9*.1
D%C?Q1“&U&"%&5%+&?&P#'?&0#L&'1&D#>#$'0#&C.#)(#&'(#C#&'4$1D#.#&(#&)1.*0*&%9$#P?(&'
H?$<*D#&H1+0%&51&)1$%)#"*&L#&51&9*'0?4&H%D#X&4%'.1&L1)1"&C%L*(#&4$%)1L1(*V&?&;%'(*X
D%C#%&')%5*D&*/)1+"#5*D#&L#"*&4%)%L#&L#&'1&D%C(1&4%)1$%)#"*&?&*/)%LJ*)%'"&*
<1.*'V%L(%'"&"#0)*V&D1$#i&#&#0%&51&"%&*4#0&9*%&'.?P#5&%(L#&'1X&L%*'"#X&D%S1&?")$L*"*&L#&(*
%(X&0#%&(*&"%.*0*&L$?C*&'"$#(<*&?&;%'(*X&(*51&)*L1%&'?+"*(?&'")#$*&*&?+#%&?&L?+?&81/*(%C
(#$%L#X&(*"*&51&*D#%&'4%'%9(%'"*&L#&"#P(%&%<1(*&')1&%L(%'1&'(#C#




&x  & X&6

 
&-?9$&L$S&#$V*)X&v‚&^^aIIIX&‚& X& 7

 
h&!"%5#(%)*QX&!"#$1&'$'401&4%)1J1&*&4*'D#X&A,


&O&Y#L%(*QX&`&0(1/?&3#).?&Y#L1(%)*Q?&T&!#L&7X&@


&[&K1.*0%D&K1Q?&$#'4$#)J#.%&&&L1<1D9$#&A&%&P?)#8?&!"%(#&F 
q  &È &‚ &&q& &  &  
&l
F&Ä&L#$*)#8?&)%5)%L1&K.#"0#&*
0(1/#&3#).#&$#'4$#)J#.%&&&5#(?#$#&A&-?9$&L$S&#$V*)i&v‚&^^I^


&„&-*(*QX&M.#'&†~^^^IIX&2,6&[&L?9$%)#P0*D&08*C#D#&4$)*&4%D1(&51L(%C&B%'#P1&
 &#4$*.#&A &x 
&†  &^IIIX&‚& 


&†&&"%5&4%$%L*<*&$#'4$#)?&h&B%)#P1)*Q#X&M%L*+8*<#&^X&@@@X&7


&¼ 0 &OX& 0& & 
yèX&^X& 2@


& 
 &
  X&2@


 

 2@

 
&Ä&81D?&D%(%C$#N*5#&o&e*+*Q#X&a& &a¿ ˆ&   ˆ&€  &7&†
„& &
 &m& &IIIX&,@677&†&*&'"$&667X&CL1&'1&(#.#/*
b#L*'.#)J1)#&4%)1J#&/#&:)X&0%5%D&D?&L#51&4$#)%&#D(1'"*51&?&81C%)%&*D1



&`&81D?&D%(%C$#N*5#&O&Y#L%(*Q#X&x &s 

&&l
 X&q &  ˆt
¿
m  &⼠&
&r   X&^I^X&@6

 
&-?9$&L$S&#$V*)i&v‚&^^I^

 
&-?9$&L$S&#$V*)i&v‚&^^I^


&h&!"%5#(%)*QX&'4&LX&62


&Î ‡ ˆX&a& X&@,


&r
& &II&X&€  &77X&2,7


&m  &y&
 &

&aIIX&@,AX&A6 7i&„ & &
 &m
 &IIIX&6 &;%$%)*(#&K*L%+1)*Q&L$S#%&51&4$1&A&C%LX&C$#L&K*L%+1)*<?&?&)$9#'0%D
0$#5?&†&l&=#0?+1)#X&U"#.¯{('0 1&#$V*)|&IIX&!&31"1$9?$C}&@6X& 2,


&†&„%& &
 &m& &IIIX&6X&6 A


&s&zÀ X&†&   
& &^X&X&6@

 
&I X&2@&~&¼ ÜyX&r 
&w&€  &,X&2A 



&-$?0P*51X&%L(%'(%&9.#S1X&'V)#"#5?&"#5&%L(%+#5&$#P0*X&vX&IIIX&AAi&B.#5*QX&r

 X&IIX&X&,,i&e*+*QX&a& X&A



&„&3?<*QX&!4%D1(*<*&'$4'0*&IIX& 7&h&!"%5#(%)*QX&'4&LX&6@


&Î ‡ ˆX&a& X&2


&zÀ X&'4&LX&Ai&Î ‡ ˆX&'4&LX&,7X& 2


&B%L&M&%)#0#&(1"#P(%X&L#&&-#9*+#&'*(&H)$"0%)& &;1%C$#L& X&2@


&¼  &wX& & & 
yè&^X& 2@


&I
&
 &x  & X& ‚  
&

&‚
X&x&  &  
&& 

& 



&x  &&†  &  
&&
 &  &&   & 
&zÀ X&'4&L& Ai
¼  X&'4&L&[&*/)1+"#5*D#&3#).#&L1&R$D#(*(*'&%L& &*&6&(%)1D9$#&A &C%)%$*&&
)1'"*D#X&L#&51&?&;%'(*&?D$%&0$#J&F&  
&  &È  &È  & & F&3%'.#.*&'?
L#&"$#S1&D#>#$'0%C&0$#J#&0#%&')%CFp& &½ & & & &
 &

  &  &½ &   & & 
F&l&=#0?+1)X&U'"%$*5'0*&'4%D1(*<*
O?S(*V&!.%)1(#&IIX&;1%C$#L&@@X&A 


&[&v&^aIIIX&A X&(1"#P(*&L#"?D*&81C%)*V&%L(%'#&'#&:$)%51D&3%C$1+(%&*&0%L
e*+*Q#X&'4&LX&@A&!$&„& &
 &m& &IIIX&667


&„&
 X& 2


&I X&,&B%.%&F(#&-.¯D(*F&(*51&0%L&K$9#'#&E)&%)L1&'"$&AAAGX&(1C%&?S?4#8#P0%D&'$1/?



&-?9$&L$S&#$V*)X&v‚&^^^X&‚&7,


&ƒ&w X&ƒ
&&  
& &
  && F
 &
& 

&&^a&
 &IIX&,A&-?9$
L$S&#$V*)X&v‚&^^^X&‚&6A&\#&Y#L*P#&!#(0%)*Q#&-?9$%)P#(*&'?&&N19$?#$#&A2&9*.*
L%(1.*&%L.?0?&L#&P#0&?&[C#$'0%5&D%.1&/#&81C%)%&%'.%9%>181&-?9$&L$S&#$V*)X&Y1N&^^^X&‚
6



&-?9$&L$S&#$V*)X&v‚&^^^X&‚&6A



&q &q ˆX&
&X&66


 

 2



&T#&0$#5?&08*C1&O
0%^^^&91.1+0#X&L#&51&0$#J&-#9*+#&?D$%&"%C#&L#(#&[
\#4*'*D#&IIX&@X&76&*&L&*/(1%&51&c&=$)#J1)*Q&51L#(&$%L%'.%)X&0%5*&51&*/$#L*%&$?'0*
0%(/?.&T&R&U.#$*%(%)&3%&81D?X&D%.L#)'0#&)%5)%L'0#&4%$%L*<#&0(1/#&-#9*+1&*/)%L*.#&51
')%51&4%$10.%&%L&9%'#('0%C&0$#J#&-#9*+1&Y%L%'.%)&51&(14%?/L#(X&$#>1(&4%&.*"1$#"?$*X
D#V%D&4%&`$9*(*5?&;$#Q?&-#9*+*Q1X&0%5*&'?&?P1'")%)#.*&?&9?(*&4$%"*)&H)$"0#X&%(&'D#"$#
0#%&-#9*+*(1&'*(%)1X&*#0%&"%&%(*&(*'?&9*.*&T#5'"#$*5*&%L&8*VX&K.#L*'.#)X&5#)J#&'1&P#0
A2&C%L&0#%&')1L%0&9#(#&!"14#(#&!$&a
 &y&  &aIIX&7&\9%$(*0&U&Y?)#$<#
;1%C$#L&A X& @72



&-?9$&L$S&#$V*)X&v‚&^^^X&‚&@7X&@ 



&s  ¼ ÜyX&x   &   &   &v
&& & X
6



&„&3?<*QX&!4%D1(*<*&'$9'0*X&IX&'"$&&h&!"%5#(%)*QX&'4&LX&A@



&O%$C#X&'4&LX&,&`&!#(L#J1)%5&')#L9*X&-?9$&L$S&#$V*)X&v‚X&=#5&^^^X&A7&-$?C#
'*(%)*<#&:$)%51)#X&O1.1(#X&9*.#&51&?L#"#&/#&!#(L#J1)#&9$#"#&K?0#X&&0%5*D&'1&4%'.1
$#'"#)*.#&[D$.#&51&?&!4.*"?& A6&?&91(1L*0"*('0%D&D#(#'"*$?&3&B%.1(L*QX&ƒ& X
9$&X&2



&„& &
 &^^^aIX&,



&-?9$&L$S&#$V*)X&v‚&^^^X&‚&A



&O&¼ ˆ&r & X&22


&[&-?9$%)(*0&&"#L#&'"*C#%&*&%'"$%C%('0*&(#L9*'0?4&H?&'1&$#/9%.1%&K?0%'.#)&T*0%.*Q
'.#%&D?&51&)*(%&/#&$#/C%)%$&v‚&^^^X&‚&A 


&O%$C#&IIX& 


&!"%5#(%)*QX&'4&LX&A@&`(&4*'D%&'"#)J#&?&A2&C%LX&*#0%&51&5#'(%&L#"*$#(%


&-?9$&L$S&#$V*)Xv‚&^^^&‚&7


&-#&51&H)$"0%&II&9*%&'*(&0$#J#&H)$"0#&(1D#&(*0#0)1&'?D81&„& 

 &m& &IIIX& &`$9*(*&C#&/%)1&F¼ &q F&†&M&_$1D%+(*0#X&\1D&=?/15#
^~X&,


&=*V&-*(*QX&M.#'&†~^aIIIX&@


&-?9$&L$S&#$V*)X&v‚&^^^X&‚&6 X&6@


&w &ƒ
&&  
&IIX&,



&U(#P1X&M$C?$?&X&0#%&L%9$?&V?D'0%D&'?'1L?X&%L%9$*.*& &5?(#&A6&L#$&%L&77&41$41$#


&O%$C#X&67
 
&h&!"%5#(%)*QX&'4&LX&A 7&3#).1&& &D#$"#&A6&*/#9$#(&/#&L?9$%)#P0%C&C$#>#(*(#
Y1+1(%&F&‚ & &  
&   & & &&
& 

&&
   

È 
&  &‚ & & 
&&l

F&v‚&^^^X&‚&6
 
&I X& 7
 
&-?9$&L$S&#$V*)X&v‚&^^^IX&‚&7,
 
&†&M&_$1D%+(*0#X&M.#'(*0&\1D&=?/15#&^~X&@X&,&l&B.#5*Q&D*'.*X&L#&`'"%5#
(*51&9*%&?&'$%L'")?&'&B%"$%D#(*Q*D#&Iy  & & &y&
& 
&  &q&Ä
&Iy
_@ZAUH&@6X&
 
&-?9$%)&L$S&#$V*)X&v‚&^^^IX&‚&72
 
&M.#'(*0&!$4&?P1(%C&L$?+")#&^~IIX&@62X&267i&3?<*Q&IX&'"$&II&;1.1+0#&%&"%D&?&L?9$


 

 ,7
#$V*)?&C.#'*&?&<1.*(*&x & &E(1D#&0%C#G&‚ 
&r
&&&È &¼  &
q  &   &l

&&‚ & 


& 
&& & 
&  &
& 
 & 

&‚ 
&

 &v‚  


&^^^I&‚&
 
&m  &⼠&q &r   &^aIIX&,A X&^I^&Ai&O%$C#&IIX&6X&6 
 
&-?9$&L$S&#$V*)X&v‚^^^IX&‚&76


&-?9$&L$S&#$V*)i&v‚&^^^IX&‚&i&w &IIX&6
 
&w &IIX&6A
  
&v‚&^^^IX&‚&@
 
&h&!"%5#(%)*QX&'4&LX& Ai&O%$C#&IIX&6
 
&O%$C#&IIX&6A&M.#)(*&4%'.#(*0&/)#%&'1&-$#C*+#&v‚&^^^IX&‚&2&2
 
&x  & X&6
 
&3?<*QX&IX&2&!"%5#(%)*QX&'4&LX& @
 
&-?9$&L$S&#$V*)X&v‚&^^^IX&‚&,6
 
&!*C*'D?(L%)#&4%)1J#&%L&7&5?.#&A@&L#"#&F &

&
 &
 &
 &
 
Ä yF&„& &
 &^^^aIX&6
  
&v‚&^^^IX&‚&X&7
 

&O%$C#&IIX&6A 
  
&h&!"%5#(%)*QX&'4&LX& 7,&`&%)%5&4$%L#5*&'$&'"?L*5?&M&_$1D%+(*0#X&M.#'(*0&\1D
=?/15#&^~X&,
  
&h&!"%5#(%)*QX&'4&LX& 6
 
&m  &^I^X&AA
 
&O%$C#&IIX&6A
 
&h&!"%5#(%)*QX&'4&L
 
&!4&LX&A7Ai&O%$C#X&IIX&66@
 
&-?9$&L$S&#$V*)X&v‚^^^X&‚&6
 
&-?9&L$S&#$V*)X&v‚&^^^IX&‚&AAX&v‚&„ &^^^IX&‚&2@X&@
  
&-?9$&L$S&#$V*)X&v‚&^^^IX&‚&
 

&Y#L%(*QX&'4&LX&A@
  
&-?9$&L$S&#$V*)X&v‚&^^^X&‚&A &`&8%5&'$&'"?L*5?&_&=*5#"%)*Q#X&!$4'0*&4$1C.1LX
@2X&9$&A
  
&[&-?9$%)(*0?&&9*.*&J?"*&(#&!#(L#J#X&+"%&51&%")%$*%&'.#(*<1&?;?L)*&*&!?"%$*(*X
L%(%'1Q*&'%&*/&5?S(1&U"#.*51&H?S*.*&'?&'1&$#L*&"%C#&*&81D?&*&81C%)%5&S1(*&_#0&'?&9*.*
$1+*.*X&L#&4%"#5(%&%9#)1'"1&%&"%D&c?$>#&!"$#<*D*$%)*Q#X&L#&9*&%(&%"1%&'%&?&;?L)*X&5&'1
%(*&(*'?&?'?>*)#.*&L#&"%&?P*(1&-%.#/*.*&'?&P#0&*&(#&D*'#%&4$1L.%S*"*&3#+"$%)*Q*D#X&L#
%(*&$#/$?+1&'%.#(?&?&!?"%$*(*&-?9$&L$S&#$V*)&v‚&^^^IX&&Iai&@&Ia&A@
 
&O%$C#&IIX&6
 
&-?9$&L$S&#$V*)X&v‚&^^^IX&‚&A2&B%L&O%$C1&'?)*+1&4%)$+(%&*&(1"#P(%&IIX&6@&!&"%C#
0$*)*&/#0J?P<*&0%L&o&e*+*Q#X&a& X&A 
 
&h&!"%5#(%)*QX&'4&LX& &[&K1Q?&[D%J1(*V&$1+1(%&2&%0"%9$#&A&F&
 
 &  &l

&È&  & &


 
&  
& & È
&
  
&&


 

 ,

 &

&  
&È& &
  &
 
& È
&&& ‚ 
p &
& 
&  
&   & 

&
 
&È&
& ‚ & &  
&
  
& È
&È& 
& &&È& & 
& & & &È
 &&
 &
& 

&
 
& È
F&v‚  
&^^^IX&‚&26
 
&O%$C#&IIX&6,
 
&I X&IIX&6
 
&!4&L&@6@
  
&q ^^^I^X&A@X&@
 

&3?<*Q&IX&@
  
&  X&s
 &î
  
&IIX&A,
  
&„&
 X& 627
 
&q &^^^I^X&A@X&67&&†&a&t  ˆX&r 
&l
X&,
 
&†&Î ‡ ˆX&a& X&A2X&,,
 
&q &^^^I^X&@A&!$&Y#P0%CX&v&IaX& 2,
 
&3%L$%9(*51&4$*0#/?51&%)?&#0<*5?&?&-#.D#<*5*&o&e*+*QX&a& 1X& 7 
 
&-?9$&L$S&#$V*)X&v‚&^^^IX&‚&A7
 
&-?9$&L$S&#$V*)X&v‚&^^^IX&‚&A6
  
&h&!"%5#(%)*QX&'4&LX& A
 

&O%$C#&IIX&@A,
  
&z&Î ‡ ˆX&a& X&2
  
&I X&2 2X&67
 
&†&q &^^^I^X&7
 
&~
 &aX& 
 
&O%$C#&IIX&7
 
&=1>?"*DX&2&#4$*.#&A&$1+*.*&'?&9*.*&'#&6&4$%"*)&A&C.#'%)#X&L#&4%&/#V"1)?&0(1/#
3#).#&?0.%(1&*/&-?9$%)(*0#&Y#L%8?&B?L1.*(%)*Q#X&0%5*&&$#L*%&4$%"*)&81C#&-?9$&L$S
#$V*)X&v‚&^^^I& &!"%5#(%)*QX&'4&LX& 6,
 
&x  & X&26
 
&O%$C#&IIX&A
  
&I X& 
 

&I &X& 2
  
&!4&LX&@77
  
&-?9$&L$S&#$V*)X&v‚&^^^IIX&‚&22
 
&O%$C#&IIX&26
 
&!"%5#(%)*QX&'4&LX& @2
 
&`&"#L#+8*D&4%'1L*D#&!#(L#J1)*D&*&3#).%)*D&?&/#.1>?&-?9$%)(*0#)&„&-*(*Q#X&M.#'
†~^^^IIX&2X&,22
 
&x  & X&6


 

 ,
 
&I X& 6
 
&I X&  
  
&I X&@ ,6
 

&Î ‡ ˆX&a& X&,,&†&M&T%)#0#X&q &&

& &q &AX&A 
  
&W&H$?V1.0#&D*'.*X&#.*&(1D#&L%0#/#X&L#&51&C$#L&4%L*C(?"& 7 &C%L&t  
 & &w
q &7 X&,
 
&~
 &a&@62X&,@
 
&I X&7
 
&-?9$%)&L$S&#$V*)X&v‚&^^^IIX&‚&,X&, 6
 
&-?9$&L$S&#$V*)X&v‚&^^^IIX&‚&,X&6 2
 
&x  & X&A A
 
&3?<*Q&IX& @
 
&-?9$&L$S&#$V*)X&v‚&^^^IIX&‚&6@X&@X&@
 
&x  & X& A27


&I X&272
 
&-?9$&L$S&#$V*)X&v‚&^^^IIX&‚&@ 


&3?<*QIX&2i&h&!"%5#(%)*QX&'4&LX& 22


&I X&27i&!"%5#(%)*QX& AA 


&x  & X& 


&!"%5#(%)*QX&'4&LX& 226


&!4&LX&@


&!"%5#(%)*QX& A2,


&x  & X&22,&O%$C#&IIX&77&0L&3?<*Q#&*('"$?0<*5#&X&'"$&IaaII


&q &^^^I^X&A@



&~
 &aX&A 


&x  & X&2i&3?<*QX&IX&'"$&aIIaIII
 
&!4&LX&7@&[&C$%9(%D&(#"4*'?&K*C8#&=*.%+1)*Q#&0#S1&'1X&L#&&%(&?D$%&0#L&'1&F')#L*
Ä"%&0$#.¯&&V1$<1C%D¯&*&/&;%'(%D¯*&(#&?C&4%1&Ä"%F&…

&„  &IIIX& A


 
&q &^^^I^X& 7
 
&O%$C#&7A
 
&†&„&:1$(1'#X&q y
 & &…  &m &^†aIIX&@@X&'#&%4*'%D&C$#L#X&276
7
 
&I X&7A
 
&I X&7A 
 
&-?9$&L$S&#$V*)X&~ &&†

 &I^X&‚&,
 
&h&!"%5#(%)*QX&,


&I X&,


 

 ,A
 
&x  & X&,
 
&!"%5#(%)*QX&,
 
&-?9$&L$S&#$V*)i&~†X&IaX&‚&62
 
&~
 &aX& 26
 
&q &^^^I^X& A 
 
&I X&,
 
&~
 &aX& ,
 
&†&~&€&& & 
 & &l ‡  X&6@
 
&~
 &aX& @


&x  & X&,A
 
&-?9$&L$S&#$V*)X&~†&IaX&‚&7
  
&x  & X&,A,
 
&h&!"%5#(%)*QX&'4&LX& 72X&,26
 
&~
 &aX&,A7 
 
&I X&6@
 
&3?<*Q&IX&,267X&6 2&x  & X&,6
 
&Î ‡ ˆX&a& X& 2
 
&q &^^^I^X&,
  
&h&!"%5#(%)*QX&'4&LX& A,
 

&w &IIX&7
  
&l&=#0?+1)&U"#.&#$V*)|&IIX&A2i&o&Y#P0*X&m  &y&
 &

&aIIX&2@
  
&†&v&~‡ ˆX&Ä&t& &t &€  &@2X&7@
 
&h&!"%5#(%)*QX&'4&LX& A,
 
&I X&6
 
&!"&!"#(%51)*QX&r &q%&;1%C$#L&7
 
&q &^^^I^X&6A
 
&3?<*Q&IX&@,
 
&„& &
 &x   &^^^aX& 2
  
&†&&l X&@A
 

&m  &/#&
 &

&aIIX&,,@
  
&x  & X&6
  
&I X&6 ,
 
&w &IIX&2
 
&h&!"%5#(%)*QX&'4&LX&62
 
&x  & X&6,
 
&~
 &aX&767
 
&†&z&ƒ ˆX&„&    & &l
&m  &a  &@@,X&26@


 

 ,
 
&x  & X&66@
  
&Ä&%)%D&$#"?&'$&o&e*+*Q#X&a& X&7AX&6@7i&*&D(%C%&9%J1&=&-*(*Q#X
w

 &

 &¿

&IX&A2X&A2,,2
 

&3%)1J1&&*/L#)#(1&4%L&-%9%$%D&,&D#5#&*&&5?(#&q &^^^I^X&A76@
  
&x  & X&@
  
&q &^^^I^X&A26
 
&!"%5#(%)*QX&'4&LX& 2
 
&h&B%)#P1)*QX&M%L*+8*<#&^X&7A &„&-*(*QX&M%L*+8*<#X&^~aIIX&2,
 
&[&=.1<*D#&'1&L%9$%&/(#.%X&L#&&!#(L#J&4%)$#"*%&`'"%5*(?&).#'"&~
 &aIX&A 
 
&-*(*QX&'4&LX&A,7
 
&O%$C#&IIX&Ai&h&!"%5#(%)*QX& A6i&-*(*QX&'4&LX&A,7
 
&!"%5#(%)*QX& A6
  
&O%$C#&IIX& 
 

&m  &^I^X& 
  
&†&O&Y#L%(*Q#X&'4&LX&  
  
&U'"*(#X&L?9$%)#P0*&*/)1+"#5&0#S1&Fl


& &
&& 
&EÐG&l




  
&  &&
  &  F&x  & X&2
 
&~
 &aIX&6@X& 6
 
&O%$C#&IIX&,i&x  & X&277
 
&O%$C#&IIX&6
 
&x  & X&7
 
&I X&7 
 
&-?9$%)#P01&P1'"*"01&2&L1<& &O%$C#&IIX&A
  
&K$.%&&/#(*DJ*)&!#(L#J1)&C%)%$&&"#+"%DX&9#(*<%D&R(*0%DX&D#.%&4$1L&$#/)%L&90
'&B#"#$*(%D&„&
 #X&6 2
 

&~
 &aIX&2 
  
&†&O&-.?C%+#X&xy Ü&
 &
Ã&ò &Ia&…&t  &@,X&A7
B%('"#("*(&o*.%/%NX&M.#'(*0&!$4&[P1(%C&-$?+")#X&^~IIX&A
  
&l&W%$%)*QX&!$19$1(*<#&/#&).#L1&L1'4%"#&!"1)#(#&3$*.%/*X&IIX&X&,66&x  & X
7
 
&»&¼  X&vy 
&y&a&s 
 &€&„yX^^X7@X& A A
 
&!"%5#(%)*QX&'4&LX& A
 
&O%$C#&IIX&AAX&A2
 
&-?9$&L$S&#$V*)X&v‚&^^^IaX&‚&,
 
&x  & X&7,
 
&3?<*QX&IX&A&!"%5#(%)*Q&'4&LX&7
  
&:$)%51)#&)%5'0#&4%D*81&'1&5%+&4%P1"0%D&E7G&5?(#&O%$C#&IIX&A@
 

&!"%5#(%)*QX&'4&LX&@6@i&x  & X&Ai&OX&Y#L%(*Q&-?9$%)#P0#&#0"#X&IX&AA


 

 ,2
  
&Y#L%(*QX&'4&LX&AA 
 
&†&&l X&A
 
&z&Î ‡ ˆX&a& X&6A7&FI&
&&  X&
&X& &…y

& 

& &&¼ 
&& &&
È& 

 && & &&‚F&„


 &
 &^^^aIX& 627
 
&~
 &aIIX&A6@
 
&O%$C#&IIX& 2
 
&x  & X& 2
 
&I X& ,
 
&x&Î  X& 
 &
  &A 
 
&O%$C#&IIX& ,


&O%$C#&IIX& ,
 
&~&¼ ÜyX&q &y &s
 &l
 
&&q 
& &„    X&A2 


&3%+"%&C#&(*51V"1%&4$*D*"*&H%L%$&3$%L#(1.%X&0%C#&51&0$#J&/#&"%&%).#'"*%X&4$*D*%&C#&51
&D#$"#&;$#50%&e#9#(P*Q&-?9$&L$S&#$V*)


&h&!"%5#(%)*QX&'4&LX&27


&3?<*Q&IX&,


&O%$C#&IIX& @&!$&„&b#'0#$*'X&K*/#("*'01&4$*(<1/1&?&'$1L81)10%)(%5&!$9*5*&;1%C$#L
,X&77


&x  & X& 6


&h&!"%5#(%)*QX&'4&LX&2A6@


&I X& 6 


&~
 &aIIX&77



&x  & X& 27


&e*+*QX&'4&LX&A 2i&x  & X&2i&O%$C#&IIX&27&`&9%$9*& 2&C%L&*&*(#P1&L%'"#
(1"#P(%C&0%L&b&B?41.)*/1$#X&x &tÆ‚&½ 
& &&Ä
&… &&~ y &@X
A2,
 
&O%$C#&IIX&27i&U/)1+"#5&&4%C*9*5*&0%L&3?<*Q#&IX&'"$&^a&^aII&=#.*&P.#(#0&%&"%D&!"
!"#(%51)*Q#X&U/&'$4'01&4$%+.%'"*&;1%C$#L&AX&6,@
 
&3?<*Q&IX&A
 
&O%$C#&IIX&2 
 
&h&!"%5#(%)*QX&'4&LX&2 2
 
&x  & X&2,&`&"%D&L$S#8?&B%$P?.#(#&'$&3&=#"0%)*Q#&v&aIIX&X&*&O&Y#L%(*Q#X
b1"%4*'X&08&X&2,6
 
&3?<*Q&IX&A 
 
&v&aIIX&
 
&x  & X&,7X&@ 


&O%$C#&IIX&,
 
&q ^X&@6@X& A&~
 &aIIX& 7&†&O&Y#L%(*Q#X&m  &^I^X& A 2


 

 ,,
 
&h&!"%5#(%)*QX& ,
 
&O%$C#X&,2
 
O&!"*4#(P*Q&*/(1%&&?&z ¿& 
 &^^^aIIIX&6&*&LX&4$*P#81X&0#0%&51&`'"%5?
?9*%&?&;*+Q?&L?9$%)#P0*&C$#>#(*(&=*.%)#(&B$'"*QX&L#&%')1"*&%'$#D%Q1(?&0Q1$&3$*P#81&51
"%&P*'"#&.1C1(L#
 
&3?<*Q&IX& A
 
&!"%5#(%)*QX&22 6
 
&O%$C#X&IIX&6A
 
&I X&IIX&6A
 
&h&!"#(%51)*QX&'4&LX&A6


&I X&226,A&[&L?9$%)#P0*D&~&&‚
&P1'"1&'?&)& L*(1&"?S91&(#&4J#P01X
(#$%P*"%&%LFK.#V#F&*&8*V%)*V&0#"?(#
 
&!$&h&B%)#P1)*Q#X&M%L*+8*<#&^X&7
 
&O%$C#&IIX&7

&3?<*Q&IX& @

&m  &^I^X& 7

&I X& 7i&O%$C#X&IIX&7

&!"%5#(%)*QX&'4&LX&A7A

&x &ƒ&» ˆX&s &t &&& 7X&77&m&x  ˆX&t &&„ ¿
v &€  &AX&2

&~
 &aIIIX&,,
 
&Ä&81D?&'"?L*5#&m&U)*Q#X&b1"%4*'X08& 2,X&76


&3?<*Q&IX&27&!"%5#(%)*QX&267
 
&!$&!"&!"#(%51)*QX&;%$9#&%&(#'.1L'")%&;#%+*(%&B#$.%)<*&7
 
&m  &^I^X& 

&O%$C#&IIX&76

&3?<*Q&IX&'"$&^^Ii&O%$C#&IIX&A&=.1P#(*&'?&D?&P1'"*"#.*&?&4$%.1Q1& &~
 &aIIIX
X&6 

&h&!"%5#(%)*QX&'4&LX&27 @

&3?<*Q&IX&2@

&O%$C#&IIX&7,

&I X&7@
 
&I &7,X&7


&~
 &aIIIX&@ 2
 
&I X&2X&,2,X&6 @
 
&„&
 X&A2@&~
 &aIII&22,A

&~
 &aIIIX&2@

&I X&6 @X&7&=.1P#(*&&*&0$#J?&H)$"0?&L#.*&')%51&4.1D'")%&7&#4$*.#& A&I X&6


 

 ,6

&O%$C#&IIX&

&h&!"%5#(%)*QX&'4&LX&2@

&`&81D?&W&H$?V1.0#&*D#&4%'19#(&P.#(#0X&a&l ˆ&t  ˆ&s 
 &€&„yX
^^aIIX&2&†&~
 &aIIIX& @X&*&O&H#L*Q#X&r & X&7@

&O%$C#X& A 
 
&I X&IIX&6


&Ä&"%54$%L#5*&)&D%5&%4+*$#(&4$*0#/&?&M%L*+8*<*&^^^aIIX&6X&6A&*&L&†&L#J1
'"?L*5?&Y&M$?5*Q#X&`$C#(*/#<*5#&L?9$%)#P01&%9.#'"*&B%(#)J#&!4%D1(*0&~^aI
 
&O%$C#X&
 
&†&O&Y#L%(*Q#X&\#4#L(#&f)$%4#&*&9#.0#('0*&(#$%L*&T%)*&!#L&72X& 2

&~
 X&aIIIX&6 2

&O&Y#L%(*QX&'4&L& @ 

&o&B$%(1'&(*51&4%?/L#(&0#L&0#/?51X&L#&51&:1$D#(&4%D%C#%&H)$"0#&?&9%$9*&4$%"*)&$%>#0#
Y#L*)%5#X&0%5*&'1&5#)J#&L%<(*51X&x &z  &&q&s y&@@AX&

&l&W%$%)*QX&3$*.%/*&IIX&6 2i&„&-*(*QX&M.#'&†~^IX&A X&7A

&[&-?9$%)(*0?&51&6&%0"%9$#& 2&4%L(1'1(#&"?S9#&/9%C&4J#P01&51L(%C&8*V%)#
0#$#)#(#X&0%5?&'?&*/)$+*.*&F¼ &&w yF&m&O1.1P&5&9*%&!#(L#J1)&C$#L&-?9$&#$V*)X
~&&‚


&`&%)%D&')1D?&)&D%5P.#(#0&?&;$#'")?&^aIIX&AX&76&†&O&¼ ˆX&r & X&6
 
&x  & X&A6X&A


&~&¼ ÜyX&q &y &s
 &l
 
&&q 
X&@@
 
&O%$C#&IIX& 
 
&¼ ÜyX&q X& A

&O%$C#&IIX& A&H#.%<*X&'4&LX& AX&(1"#P(%&")$L*X&L#&"#5&9$#0&(*51&%'")#$1(

&m  &^I^X& 2@

&O%$C#&IIX& A&!#(L#J&& &5?(#& &L%9*%&0?Q?&?&=.1<*D#&~
 &I^X&A2

&I X&A@2

&~
 &I^X& 2

&†&&l X&,X&AAX&A2 X&27A
 
&I&r ¿ ˆX&r 
&r  &q &X&AA,


&Ä&"%D&$#"?&%4+*$(#&'"?L*5#&W&H$?V1.01X&s 
 &€&„y&^^I^X&6&Ä&8%5&D%5#
%<1(#X&3$*.%/*&IIIX&6@@7X&&$#(*5%D&.*"1$#"?$%D&!$*&D%5P.#(#0X&-1'4%"&c?$#>
;$#(0%)*Q&4$1D#&B%(#)'0%D&Y#"?&M.#'&†^X& 
 
&[&9*"<*&4%L&H$19*81D&?P1'")%)#.*&'?&*&K.#'*&*/&3%<$8#&0%L&h?9*8#X&#&(1&F y
r FX&0#0%&0#S1&H$?V1.0#X&'4&LX&,7&†&L?9$&L$S&#$V*)X&~†^X&‚& @&!1D&8*V
4%D*8?&'1&0#%&(#4#L#P*&K.#'*X&;?$D#/*X&3.*'01&*&;%9#(*
 
&»&¼  X&¼


 &
  &q &X& 2

&†&w ¿X&x &

 

&&l  X&A 7&O%$C#&IIX&A,6



&`&81D?&%4+*$(%&b&H#.%<*X&q &y &s
 &l
 
&&q 
X&6@&*&L


 

 ,@

&[&"%D&$#"%)#8?&(1'"#.%&51&K?0D*$#&\.#"%(%'%)*Q#&`(&5X&4%&)1'"*D#&&4$%.1Q#& A 
C%L&9*%&"#L#&D$"#)&†&&l X&A7,

&†&  & 
&aIIX& 27

&M%L*+8*<#&^IaX&@ X& 

&x  &vX&A@ 2
 
&=*'.*D&L#&=&-*(*Q&(1D#&4$#)%&0#L&'?D8#X&L#&&:%L*L51L&4%)$#Q1(&%L&H?$#0#&M.#'
~^^^IIX&7


&„&
 X&A66
 
&Ä&81D?&4%'"%5*&')1C#&51L(#&(1L%)$+1(#&*&)1Q&/#'"#$1.#X&D%(%C$#N*5#&%L&h&O%)#(%)*Q#
!"514#(&K?0P*Q&B%'#P#&M.#'&^^aIII&@
 
&x  & X&A@
 
&B$#J*P*(#&4*'D#&L%(%'*&?&-?9$%)(*0&Y#L*)%51)&4%'.#(*0&-?9$&L$S&#$V*)X&v
 
&¼ Üy&~&& è&qX&wy&l
&2X&††^†I^&†&\9%$(*0&U&Y?)#$<#X& 2
 
&x  & X&A
 
&†&&l X&,2,
 
&x  & X&AA 
 
&I X& 7
 
&a&t  ˆX&t ¿ &y &z  X& &*&L


&~&¼ Üy-&m è
X&„ 

è& À è & À è &l


X&76X
A
 
&†&&l X&A7X&A 


&~
 &I^X&7


&O%$C#&IIX&A 2,i&m&l
X&,


&~
 &I^X&,


&~
 &I^X&6i&x  & X& i&w&Y#L%(*QX&-?9$%)#P0#&#0"#&IX& 6@


&O%$C#&IIX&A,A


&z&v¿ X&v&aIIIX& 2,


&m&l
X&2@


&H#.%<*O*$1P10X&m  &⼠&q &r   &^^aIIX&6@



&z&w ˆX&z ¿ &

&& &v  &€  &,X& AX&2


&m&l
X&2
 
&t  & & 

 &‚  &IX&@
 
&†&m&l
X&2X&,2
 
&I X&,@
 
&I X&,7
 
&O%$C#&IIX&A2 2
 
&„&-*(*Q&'?D8#&%&"$#5(*5%5&"?$'0%5&).#'"*&?&"%D&0$#5?&)&L%& 2&C%LX&#.*&D?&$#/.%/*
(*'?&?91LJ*)*&M.#'&†~^^^IIX&


 

 ,
 
&»&¼  X&s 
 &€&„yX&^^I^X&6X&A,
 
&M&f.1/%)*QX&M.#'(*0&!0%4'0%C&T#?P(%C&-$?+")#&IX&2X&A2&*&Li&^IX&AX&2&*&L
;$#'")%&^^^IX& 7X&7A7&¼&&&4%$10.?&U'#0%)%D&$#'4$#)J#&(#54%?/L#(*51&!$&a
q ˆX&q &q &A6X&A,@&Ä(&$#/.*0?51X&91/&4%"$191X&'*(%)1&U'#091C%)1
f'19#.*5?&*&f'1U'#91C#&!$&O%$C#&IIX&A2


&U'#0&51&D%C#%&?Q*&?&K$V9%'(?X&?&'"$#"1+0%&'$1L*+"1&/1DJ1X&*.*&0#%&'#)1/(*0
!"514#(%)X&4%&81C%)?&4%/*)?X&*.*&&?/1%&%L&Y#L%'.#)#&3#).%)*Q#X&P*5#&51&4%$%L*<#&"?*D#.#
')%51&4%'1L1&*&).#'"
 
„&-*(*QX&M.#'&†~^^^IIX&,@
 
&x&  
&½ 
 &w&s&q X&q  
&  &  &¼  &IIX&6,2X
6
 
&x  & X& @A7
 
&h&!"%5#(%)*QX&'4&LX&IIX&2 6
 
&O%$C#&IIX&A67
 
&I X&A6&
 
&~
 &I^X&A
 
&O%$C#&IIX&A6 2&3?(*51&0%L&Y#'"*Q#X&6@7
 
&O%$C#&IIX&A6@i&x  & X& A2,


&O%$C#&IIX&A6&`'#D&L#(#&4$1&"%C#&%(*&'?&D?&%L%9$*.*&4%0?+#5X&L#&'#&A77&L?0#"#&4%LD*"*
"?$'0%C&*/#'.#(*0#&0%5*&&(#.#/*%&0%L&81C#&I X&A@ &†&&%)%D&*/.#C#8#&O&H#L*Q#X&r 
 X&@A6
 
&x &w&q‚ X&m &m   & &l   &@,7X&AA
 
&O%$C#X&A6X&A@,

&!"%5#(%)*Q&IX&2,

&w&Y#L%(*QX&m  &⼠&q &r   &^I^X& 6

&O%$C#X&ƒ
&IIIX&7X& 2,

&O%$C#&3X&A@,

&I X&A@@

&e#N#$*0X&'4&LX&A,@i&O%$C#&IIIX&@2,
 
&O%$C#&IIIX&@,6


&I X&@6i&e#N#$*0X&AA7
 
&O%$C#&3X&A@
 
&I X&IIX&6

&3%$%L*<#&!#(L#J1)#X&0%51&&%('1"*%?&')%D&"1'"#D1("?X&9*.#&51&L%'"#&)1.*0#&U)#(
K?0%)*Q&4$*D*%&51&')%5&L1%&&#4$*.#& A6X&#&"#5&&*/(%'&, &L?0#"#&*&(1+"%&'$19$#
`'"#.*&'$%L(*<*X&(#D*$1(*&&*&A7&#4$*.#&*'"1&C%L*(1X&91V?&K.#"0%&`9$#L%)*QX&c?$#>X
Y#L%'.#)&*&Y#L*P&!"5140%)*Q*X&!.#L%51&K?0%)*Q&*&!"514#(&-$#C*+*QX&F 
&
 &q &&È & 
&  & 
& F&-?9$&L$S&#$V*)X&x 

ƒ &†&*&M.#'&†~^^^IIX&26

&O%$C#&IIIX&,i&e#N#$*0X&AA 7


 

 67

&O%$C#&IIIX&,6i&e#N#$*0X&A 7A

&O%$C#&IIIX& 

&O%$C#&IIX&A7

&~
 &I^&,@i&O%)#(%)*QX&'4&LX&2@X&6@
 
&!"%5#(%)*QX&!"#$1&'$4'01&4%)1J1&IIX&77 X&A 


&»&¼  X&¼


 &
  X&@&†&b&K%5(%)*Q#X&-?9$%)(*0&*&`'D#('0%
d#$'")%&;1%C$#L&@@X&A7&†&D(%C%&(14%?/L#(%C
 
&O%$C#&IIIX&A2
 
&~
 &I^X&67

&O%$C#&IIIX& 2&T*51&"#P(%&4$*0#/*)#81&0%L&O%)#(%)*Q#X&'4&LX&,X&@7i&(*&0%L
O*$1P10#X&L#&51&;#$&4#%&0$#51D&D#5#&U'"%$*5#&!$9#&IIX& 

&h&!"%5#(%)*QX&!"#$1&'$4'01&4%)1J1&IX&2

&O%$C#&II&A

&O%$C#&IIIX&&†&O&H#L*Q#X&e4#(*5#&*&-?9$%)(*0&&^aI&'"%.&;1%C$#L&AX&A

&O%$C#&IIX&A

&m&¼  X&a &„&q &   &IX&A@@
 
&O%$C#&IIX&A 77


&I X& 7,6
 
&I X& 77
 
&O%$C#&IIIX& A

&~
 &I^X&6@

&¼  &IX& & & 
yè^X&A2

&-?9$&L$S&#$V*)X&v

&O%)#(%)*QX&'4&LX&, X&@A

&O%$C#&IIIX&2 

&~
 &I^X&@@i&e#N#$*0X&A,@6
 
&¼ ÜyX&q X&A2,,A


&O%$C#&IIX& 7
 
&¼ ÜyX&q X&A,,@
 
&O%$C#&IIX& 7,

&m&l
X&@2

&h&!"%5#(%)*QX&!"#$1&'$4'01&4%)1J1&*&4*'D#&IIX&26

&O%$C#&IIX& 76&B$#51D&%0"%9$#&4$%+#%&51&!"514#(?&*&51L#(&4%'.#(*0&#$#C%('0%C&0$#J#
-?9$&L$S&#$V*)X&v

&~
 &I^X&2,i&e#N#$*0X&@2

&m&l
X&@,

&I &X&@@6


 

 6
 
&~
 &I^X&2,


&¼  X&& X&A@@
 
&O%$C#&IIX& 7
 
&-?9$&L$S&#$V*)X&vX&‚&,

&~
 &I^X&,i&e#N#$*0X&A2 7

&~
 &I^X&A2i&e#N#$*0& 7A,

&O%$C#&IIX& 6@

&I 

&  &q &IaX&2@

&x&Î  X& 
 &
  X&,2,i&†&&l X&A  
 
&Ä&H%D*&'$&o#$.#"*51)&I  &q &IaX&22,A


&„&
 X& A@ 7
 
&m&l
X&7 ,
 
&O%$C#&IIX& 7
 
&3%'"%51&Y#+"#(*&0%L&=%'"#$#&91/&"$#C#&'"#$1&<$0)1&[&Y1+1"#$*<*&0%L&b*)(#X&9.*/?
FB$#J*P*(#&(#'*4#FX&4%'"%5#.1&'?&$?+1)*(1&'"#$1&<$0)1&„&„# ˆX&s 
 &€&„yX
^~aIIX&A2X&2&R.*&"#5&0#&(*51&'4#L#%&?&:?D
 
&O%$C#&IIX& 7i&m&l
&7 2&`&<$0)#D#&H%D#+1)#&)$1D1(#X&'&(1+"%&C$1+#0#X&4*'#%
5&l&B.#5*Q&l

&€  &@6X&
 
&m&l
X&7,
 
&x&z  X&I  &q &IaX&26@&z&v¿ X&l & &  &l &AX& ,7
 
&w&w  ˆX&t  & & 
&‚  &IX& ,
 
&m&l
X&7@i&Y#P0*X&'4&LX& ,,


 

 6

 #  


3%'.1&*/D*$18#&'&9%'#('0*D&0$#J1D&)%5)%L#&!"514#(&51&L%9*%&(#"$#C&T1$1")#('0?&B$#5*(?
-?9$%)P#(*&)%L1&'&8*D&4$1C%)%$1&%&/#0?4?&"#D%+8*V&<#$*(#&*&<1.1&4$)1&4%.%)*(1& 6
C%L&4?(*&'?&J?9#/(%'"*&4$1D#&81D?&R.*&%L&L$?C1&4%.%)*(1&8*V%)*&%L(%'*&4%'"#5?&')1
V.#L(*5*&3$)*&4$#)*&?/$%0&"%5&/#"1C(?"%'"*&(*'D%&D%C.*&L#&?")$L*D%&Y#'"*Q&(#)%L*&(101
C$#(*P(1&'?0%91&?&B%(#)J? X&#&4%D*8?&'1&*&(10#&4J#P0#8#&L?9$%)#P0*V&"$C%)#<#&R.*&"%
5%+&')1&(1&9*&9*.%&L%)%J(%&L#&%95#'(*&%(1&"1+01&%4"?S91X&0%51&-?9$%)P#(*&4%L*S?&(#
)%5)%L?&?&')%D&?4?"'")?&4%'.#(*<*D#&L1'4%"?&c?$>?X&@&%0"%9$#& 6&`(*&"?&0#S?X&0#0%
*D&%(&P*(*&')1&D%C?Q1&4#0%'"*&*&0#0%&51&"$#S*%&%L&3%$"1&L%/)%.?X&L#&D%S1&(#4#'"*
-?9$%)(*0X&L#&9*&D?X&?/&"$*9?"X&*/(?L*%&*&5%+&(10#&4.#Q#8#X&#.*&L#&C#&51&3%$"#&%L9*.#
_?)+*&L#&%(&'4$1D#&'#)1/&'#&L1'4%"%D&-?9$%)P#(*&'?&C.1L#.*&L#&"%&0#0%&9*.%&%'?51"1&U
C%)%$*.*&'?&!"514#(&51&'19*P#(&"*4&91/&*0#0)*V&%9/*$#&*&)1$%.%D(*0&`)#5&'#)1/&%(&(?L*
'#D%&/#"%X&L#&L1'4%"&%91Q#8*D#&*&4%).#'"*<#D#&(1&4$*)?P1&?&')%5?&/1DJ?&81C%)1
;%'#(<1
&`)%C&4?"#&-?9$%)P#(*&(*'?&)*L1.*&'")#$&L%9$%X&*.*&?&')%5%5&D$S8*&(*'?&V"1.*
L#&51&)*L1&!#)1/&0%5*&51&!"514#(&(#D1$#)#%&*D#%&51&L$?C*&<*J&3$1L&%4#'(%+Q?&D#>#$'0%C
4%V%L#&4$%"*)&H?$#0#X&0%5*&'1&4$*4$1D#%&?&)1.*01X&%(&51&V"1%&L#&'1&(#&(10*&(#P*(&%91/91L*
?(#4$1LX&)1$?5?Q*&L#&(*&L1'4%"&c?$#>&(1D#&%)%C&4?"#&(#$%P*"%C&$#/.%C#&L#&'1&*/.#S1&4$%"*)
H?$#0#&R&D1>?"*D&L%9*%&51&%9#)1+"18#X&L#&'?&H?$<*X&'&L1'4%"%D&/#51L(%X&(1/#L%)%J(*
$#/)%51D&4$*.*0#&?&;%'(*&*&L#&'1&'4$1D#5?&(#&(#4#L#5&*&4$%"*)&81&*&4$%"*)&81C#
!&"*D&?&)1/*&51&9*.%&*&%4$#)J#81&*&(#%$?S#)#81&!"514#(%)*V&C$#L%)#&?&"%0?&/*D1& 6@
C%L&3%P1"0%D&D#$"#& @&C%L&)1Q&51&L%+.%&L%&"?$'0%C&(#4#L#5#&B%$P?.#('0*&0(1/&31"#$
!%$#(<%&5#)J#%&51&&D#$"#&%&"%D&?&=.1"01X&)1$?5?Q*X&L#&51&(#4#L#5&L%+#%&4%&S1J*
L1'4%"%)%5X&F4%+"%&'?&'1&(1L#)(%&4%D1(?"*&?&)1.*01&$#/*+.*F&Y#/.%C&0%5*&%(&L#51&(1
*/C.1L#&)1$%)#"#(X&#&(*51&4%")$>1(&(*&L$?C*D&*/)%$*D#&L#&51&)%5)%L#&!"514#(&)$#"*%&L1'4%"?
c?$>?&0Q1$X&0%5?&51&9*%&?/1% &[&-?9$%)(*0?&'?&'1&9*.*&%/9*J(%&/#9$*(?.*&(#L#5?Q*&'1
')#0%)$'(*D&(1/C%L#D#&K1$%)#.*&'?X&L#&(1Q1&9*"*&4%+"1>1(%&(*&!"514#(%)%&4%L$?P51
!)#0#0%&4%L&?"*<#51D&')%C&"#'"#&%9$#"*%&'1&"%C&4$%.1Q#&0$#J&H%D#+&*&0$#J?&R.N%(/?&B#%
')%C&4%'.#(*0#&?4?"*%&D?&51&L%0"%$#&4$#)#&O1$%(*D#&L1&!?$1("%X&0%5*&51&4%P1"0%D&D#5#
'"*C#%&(#&0$#J1)&L)%$&?&R.9#$1/1&`)#5&51&?)1$#)#%&#$#C%('0%C&0$#J#&?&%L#(%'"&H%D#+1)?&*
*/.%S*%&D?&51&(1'*C?$(%&'"#81&?&;%'(*X&#.*&0#%&'")#$#(&%LC%)%$&L%9*%&51&'#D%&.141
$1P*
&H?$'0#&)%5'0#X&0%5#&51&9*.#&L%'"#&)1.*0#X&$#/L1.*.#&'1&?&L)1&C$?41i&51L(#&51&%'"#.#
L#&$#"?51&?&;%'(*X&#&L$?C#&51&%"*+.#&4$%"*)&:$)#"'01&T1&/(#D%&4%51L*(%'"*&"%C#&$#"%)#8#X
#.*&/(#D%&L#&51&"$#5#.%&0$%/&P*"#)&#4$*.&!"514#(%)*&4%L#(*<*&9*.*&'?&'1&D(%C%&?4.#+*.*X&#
-?9$%)#P0#&Y14?9.*0#&'#D#&51&4%(?L*.#&51L(?&.#>?&/#&'4#'#)#81&81C%)1&4%$%L*<1&H?$<*&'?
'")#$(%&(#4#.*&*&!"514#(%)?&%9.#'"X&4%+"%&51X&$#L*&'$%L(*P0*V&)1/#&'#&0$#J1D&H%D#+1DX
'D#"$#(&*&%(&/#&(14$*5#"1J#&H%D&4$*.*0%D&%(*&'?&4$%L$.*&?&:?DX&')1&L%&T1$1")1X&*
4%4#.*.*&'?&*&%4J#P0#.*&-$*51)%

U/&%)1&(14$*.*01&!"514#(&K?0P*Q&*/)?0#%&'1&(#&"#5&(#P*(&+"%&51&(#4?'"*%&')%C&/1"#&*
4$*+#%&L1'4%"?&O?(#&D1'1<#&'0.%4J1(&51&*/D1>?&8*V&*&4*'D1(&'4%$#/?DX&0%5*&(#DX&(#
S#.%'"X&(*51&'#P?)#(&U&0$#J&H%D#+&51&4%0?+#%&*'"%&"#0%&L#&'1&(#C%L*&'#&L1'4%"%DX&#.*&(*51
?'41%&H?S*%&'1&0$#51D&D#5#&-?9$%)#P0%5&Y14?9.*<*X&L#&'?&81/*(*&4%'.#(*<*&?&!$9*5*&?&L)#
D#V#&'4$1P*.*&'4%$#/?D
&K%5)%L#&!"514#(&'1&'#&')%5%D&)%5'0%D&4$*L$?S*%&L1'4%"%)%5X&4#
'?&/#51L(*P0*&(#'"#)*.*&9%$9?X&L%0&,&'14"1D9$#&(*'?&%')%5*.*&!$19$1(*<?&-1'4%"%)?
)%5'0?&)%L*%&51&81C%)&+?$#0&H%D#&B#("#0?/1(X&0%5*&51&4$%L$%&')1&L%&K*+1C$#L#&*&%')%5*%
C#

`)%C#&4?"#&)%5)%L#&!"514#(&%L.?P*%&'1X&L#&L%&0$#5#&*'0%$*'"*&')%5?&4%91L?&3%+"%&'1&)$#"*%
*/&;%'(1&%(&51&9*%&(#P*'"%&'&"*DX&L#&'1&"$19#&%L)%5*"*&%L&9%'#('01&0$#J1)*(1&*&?/1"*&4$1D#
8%5&(1/#)*'#(&'"#)&-$?C1&(1L1J1X&%0"%9$#& @&%(&'1&4$%C.#'*%&V1$<1C%D&%L&F!)&!#)1F
H*"?.?&V1$<1C#&L%9*%&51&?&(#+*D&/1DJ#D#&4$)*&:$)%51&K?0P*Q&!"514#(?&'1&"#&"*"?.#
?P*(*.#&)1Q%D&%L&)%5)%L'01&/#"%&+"%&51&9*.#&'"$#(#&*&(1%9*P(*5#X&*&)1$%)#%&51&L#&D?&'1&'#


 

 6A
8%DX&0#%&*&:$)%5?X&(10#0%&L*S1&*&$#(C&UD1&!)&!#)1&"$19#.%&D?&51&$#L*&.*P(%C&4$1'"*S#X&#
?/1%&C#&51&/#"%X&+"%&'1&=*.1+1)%&(#.#/*.%&?&81C%)%5&%9.#'"*&*&+"%&'1&"?&$#(*51&0$?(*'#%
0$#J&H)$"0%&T*51&(1D%C?Q1X&L#&51&%(&"?&"*"?.?&?/1%&5%+&*&/#"%X&L#&%0%&'191&%0?4*
4$#)%'.#)(1&*&9%C?D*.1&*&?&'#D%5&;%'(*X&0%5*&(*'?&9*.*&/#L%)%J(*&0$#J1)%D&)1$'0%D
4%.*"*0%D&3?(#&!"514#(%)#&"*"?.#X&%P?)#(#&0#%&(#5'"#$*5#&?&51L(%D&#0"?&%L&,&#4$*.#& 
C.#'*.#&51&FV1$¯<1C¯&¨L&!)1"%C#&!#)1&*&C%'4%L#$¯&:?D'0%*&*&3%D%$¯Û&*&)1.*0*&)%51)%L#
$?'#C#&9%'#('0%C#X&0(1/¯&L$¯('0*F
&-?9$%)P#(*&'?&6&%0"%9$#&L%(1.*&%L.?0?&L#&D?
P1'"*"#5?&F&&  & y&È
F
&3%'"#)J#.%&'1&*&4*"#81&%L&0%C#&51
!"514#(&L%9*%&"?&"*"?.?&3%&')%5&4$*.*<*X&%(&51&?/1%&'#DX&'1Q#5?Q*&'1&:$)%51)1&"*"?.1X&#
)1$%)#%&51&L#&Q1&D?&51&H?$<*&4$*/(#"*&91/&*0#0)*V&"1+0%Q#X&51$&51&?/1%&4%'.1&4%91L1&(#L
51L(*D&8*V%)*D&4$%"*)(*0%D&O1L(%&)$1D1&D*'.*.%&'1&*&4*'#.%X&L#&51&!"514#(&L%9*%&"?
"*"?.?&%L&(1D#P0%C&<#$#&o$*L$*V#&IIIX&#.*&"%&(*51&"#P(%&!"514#(&'1&0$#51D& 6&C%L&9*%X
*'"*(#X&%9$#"*%&<#$?&o$*L$*V?X&0#%&"?"%$?&D#>#$'0%C&0$#J#&b#L*'.#)#X&L#&4%")$L*&*&81D?
')1&4%'1L1&0%51&L$S*X&0#%&+"%&51&"%&?P*(*%&0$#J&*&<#$&!*C*'D?(L&81C%)?&'"$*<?&!#(L#J?X&#
*&81C%)&(#'.1L(*0&R.9$1V"&81D?
&=#>#$'0*&4$*5#"1J*&0$#J1)*&4%')1L%P*.*&'?
)%5)%L*(1&(#)%L1&*&<#$&D?&51&4%'.1&"%C#X&7&5#(?#$#& @X&*/L#%&4%")$L?
&H%&51&9*.%&?
%(%&)$1D1X&0#L&51&5%+&!"514#(&L$S#%&'&H%D#+1D&*&0#L&'1&)1$%)#.%X&L#&9*&'1&%(&D%C#%
4$*L%9*"*&/#&9.*S1&)1/1&'#&=#>#$*D#
`95#)J?5?Q*&4%")$L(?&4%)1J?&<#$#&o$*L$*V#&b&H#.%<*&51&D*'.*%X&#&'&8*D&'1&L%(10.1
'.#S1&*&=&-*(*QX

&L#&'?&'1&?&!"514#(%)%D&4%'1L?&'")#$(%&(#.#/*.#&')#&%(#&D1'"#X&0%5#
'?&?&8%5&9*.#&4%D1(?"#&R&"%&/#&(10#&D*'.*D&L#&(*&'#L#X&0#%&(*&%(%&$#(*51X&(*51&9*%&'.?P#5
:%L*L51L&'?&"#L&)1$%)#"(%&L$S#.*&H?$<*X&`D*+&=.1P#(*X&#&`.%)%&'?& @&C%L&L$S#.*
3#).%)*Q*&!"514#(&51&4%.#C#%&4$#)%&(#&8*V&*&?&4%)1J?&'?&?+.#&D1'"#&0%5#&'?&(#P1.(%
%C.#+1(#&0#%&81C%)#X&')151L(%&L#&.*&'1&%(#X&4%&81C%)?&D*+J18?&4$*)$1D1(%X&*.*&"%9%S1&'
81C%)*D&4$*'"#(0%DX&(#.#/1&?&"?>%5&).#'"*&B%.*0%&'1&4%?/L#(%&L#&?")$L*"*X&4%L$?P51
!"514#(%)%&V)#"#.%&51&?&%)%&)$1D1&%L&!?"%$*(1&*&Y*'(#&L%&=%$#P1X&`'"$%C#X&=*.1+1)#X&4#
(#&'1)1$%/#4#L&b*D%DX&-$*(%D&*&4.#(*(#D#&L%&*'4%L&:%L*L51L#X&#&(#&/#4#L&L%&9.*/?
d1"*(1X&K*'?Q1CX&UD%"'0%CX&K$C%$<#&*&b*)#8'0%C&3%J#
3%$#/&9%'#('0*&9*%&51&(#&*'"%P(%D&9%5*+"?&%'1"#(&`(*&'?&?&51'1(& @&*/C?9*.*&(1&'#D%
!$19$1(*<?X&(1C%&*&<1.%&4%L$?P51&?/&'$1L8?&-$*(?X&/#51L(%&'#&K*+1C$#L%D&T#&L?9$%)#P0?
#L$1'?&?4?Q1(*&'?&9*.*&0$#J1)*&4$10%$*X&+"%&'?&(10*&8*V%)*&"$C%)<*&'410?.*'#.*&'#
(1)%J%D&*/)1'(*V&81C%)*V&J?L*X&-#D5#(&c%$>*Q&"$#S*%&51X&(4$X&77&L?0#"#&/#&%"0?4&*/
$%4'")#&Y#L%5#&;?9#(*Q#X&*#0%&51&'#D&L#%&'#D%&27
&=1>?"*DX&51L(*D&(1(#L(*D&4$14#L%DX
4%P1"0%D& &H%D#+&51&?'41%&L#&4%)$#"*&!$19$1(*<?X&L%&0%51&D?&51&9*.%&D(%C%&'"#.%&T#
/#4#L?X&0$#J1)&9$#"&Y#L*)%5&*&T*0%.#&K1.*P0*&L%9*.*&'?&6&'14"1D9$#& &?&/#.%C?X&/#
777&N*%$*(#X&%L&'*(%)#&*&'*(%)<#&;1(1L*0"#&T1.*4*Q#&C$#L&b1)#P&?&)$9#'0%5&S?4#(*5* 
B$#J&51&9*%&(#$%P*"%&%C%$P1(&/9%C&)1$%.%D(%C&L$S#8#&')%C&"#'"#&`4"?S*)#%&C#&51&(#&')1
'"$#(1&U&4#4*X&*&=.1<*D#X&*&=#>#$*D#&!"$#V%)*"*&4%$#/&=#>#$#&(#&B%'%)?X&?&%0"%9$?
 @X&/#9$*8#)#%&C#&51&?&)1.*0%5&D1$*X &*#0%&51&O#(0%&:?8#L*&*&)1.*0&L1%&D#>#$'0*V
)1.*0#+#&9*%&0*)#(&(#&L1'4%"#&c?$>#&*&81D?X&?&L%9$%5&D1$*X&4$*4*'*)#%&$#/.%C1&/#&(1?'41V
H%D#+&51&D%C#%&9*"*&L%(10.1&/#L%)%J#(X&+"%&Q1&81C%)&4$%"*)(*0&/9%C&"%C#&*D#"*
(1'?D8*)*V&(14$*.*0#X&#.*&51X&'&L$?C1&'"$#(1X&5#'(%&)*L1%&L#&"?$'0#&4%91L#&L#51&4$1D%Q*&*
L1'4%"?&*&(%)%D&V1$<1C?&Y#P?(#5?Q*&L#&?&=#>#$*D#X&4%'.1&0%'%)'0%C&(1?'41V#X&(1Q1&?9$/%
D%Q*&*D#"*&4%"$19(%C&4%D#C#P#&%(&51&S1.1%&L#&/#&9%$9?&4$*L%9*51&=.1P#(1&[&D#$"?& 
%(&51&?4?"*%&"#D%&')%C&4%'.#(*0#X&0%5*&51&6&#4$*.#&*/.%S*%&81C%)1&4%$?01&!"514#(&(*51
'#D%&4$%"*)(*0&81C%)X&(1C%&*&D.1"#P0*&[&L%C%)%$?&'&0$#J1D&R.N%(/%D&%(&'1&'4$1D#&L#
L%9*51&'4.*"'0%&V1$<1+")%&B#%&+"%&51&(10#L&:$)%51&L%9*%&"?&"*"?.?&%L&(#4?J'0%C&L)%$#
"#0%&'#L&"$19#&L#&51&L%9*51&*&%(&!&"*"?.%D&9*X&(#$#)(%X&*+.*&*&4%'1L*&B$#J&51&'&"%C#
4%(?L*%&=.1P#(*D#&'#)1/&Y14?9.*0#&9*&*D#.#&L#&4%D%C(1&81C#&'#&77&9#.*'"#$#X&4%"$19(*V
%P1)*L(%&/#&9%$91&%0%&C$#L%)#X&#&%(&9*&8%5&?4?"*%&)%5(*P0?&4%D%Q&?&'.?P#5?&!"514#(%)#
(#4#L#&(#&-#.D#<*5?&Y14?9.*0#&51&4$*'"#.#&(#&"%X&51$&(*51&*D#.#&(*+"#&L#&$*'0*$#&B$#J&Q1


 

 6
9#.*'"$1&0?4*"*&*&4.#"*"*X&#&%(#&9*X&/#&'.?P#5&4%"$191X&L%9*.#&4%D%Q(?&)%5'0?&*/&;%'(1 
[& &C%LX&A&N19$?#$#X&L#&9*&4%5#P#%&')%51&4$*V%L1X&0$#J&51&'"?4*%&?&"$C%)#P0*&%$"#0.?0
'#&T*0%.%D&H$%C*$#(*(%D&`9%5*<#&'?&?.%S*.*&?&"$C%)*(?&4%&,777&L?0#"#X&L#&'&"*D&(%)<1D
$#L1&/#&41"&C%L*(#&UD#.1&'?&'1&%")%$*"*&"$*&$#L81X&?&!4.*"?X&o%5(*<*&*&O#5<?X&4$10%&0%5*V
51&*D#%&*Q*&'#)&0$#J1)&4$%D1"&!)1&'$19$%&0$#J1)%&*&')#&'$19$#&F0%{&'1&(#V%L1&?&(#+*V¯
D*'"*V¯&(#&4$%L#ÛF&*D#.#&'?&'1X&/#&C%"%)1&(%)<1X&4$%L#)#"*&T*0%.*X&#&%(&51&'&8*D#&"$C%)#%
(#&L%9*"&*&+"1"?&'&0$#J1D&?4%.# 
Y#"&*/D1>?&0$#J#&R.N%(/#&*&=.1"#P01&Y14?9.*01&9*%&51&L%*'"#&(#&4%D%.?&!"514#(&51&/(#%&/#
4$*4$1D1&O%+&,&D#$"#& &%"*+.%&51&81C%)%&4%'.#('")%&?&5?S(?&U"#.*5?&L#&*'4*"#&'")#$
[&5?.?X&0#L&51&$#"&)1Q&9*%&4%P1%X&%(&51&?4?"*%&51L(%&4%'.#('")%&*&?&=.1"01X&L#&?&%)%5X&4%&8*V
"1+0%5X&4$*.*<*&L%9*51&(1+"%&*&/#&'191&`(&51&"$#S*%X&L#&D?&'1&)$#"*&9*.%&`D*+&9*.%
(1+"%&%L&%L?/1"%C&/1DJ*+"#&*/&\1"1&=.1P#(*&'?&'&4?(%&.14*V&$1P*X&'&"1S8%D&L#&C#&(1
?)$1L1X&%L9*5#.*&5#'#(&%LC%)%$X&#.*&'")#$(%&(*'?&4$*'"#.*&(*&(#&0#0)%&%L'"?4#81 
K*L1Q*&"%&V1$<1C&'1&4$*L$?S*%&(14$*5#"1J'0%5&#0<*5*&R.N%(/%)%5&[&'14"1D9$?&/(#D%
'*C?$(%X&L#&51&9*%&(1CL1&?&)%5(* 
\#&%)%&)$1D1&9%'#('0*&0$#J&51&S*)%&$#L*%&0%L&=#>#$#&*&<$0)1(*V&0$?C%)#X&L#&4%5#P#&+"%
)*+1&(1$#'4%.%S181&4$%"*)&L1'4%"#X&0#0%&9*&D%C#%&L#&D?&'1&%')1"*&*&L%9*51&(#"$#C
*/C?9J1(1&4%.%S#51&R.*&O#(0%&:?8#L*X&L#&9*&'1&%L$S#%&(#&).#'"*&4$%"*)&D(%C*V
4$%"*)(*0#&?&[C#$'0%5&*&L#&9*&*V&P#0&D%C#%&)%5(*P0*&'?/9*"*X&4%0?+#%&51&L#&4$10%&L1'4%"#
c?$>#&'0.%4*&'&H?$<*D#&D*$&-1'4%"&51&4$1L.#C#%&L#&'1&D*$&?C.#)*&(#&'1L#D&C%L*(#&[&')%D
(#<$"?&/#&4$1C%)%$1&%L&&D#5#&  &%(&51&4$1L)*>#%X&L#&K.#+0#&*&!$9*5#X&0%51&'?&D(%C%
(#'"$#L#.1X&4.#Q#5?&/#&*/)1'(%&)$1D1&H?$<*D#&'#D%&4%.#&L#(0#X&#&;%'(#X&4$10%&0%51&(*'?
4$1.#/*.1&)%5'01&'&"#0)*D&4?'"%+181DX&L#&4.#"*&<1%&R.*&9*&*&;%'(#&*D#.#&*/)1'(1&4%+"1L1
?&"%.*0%X&+"%&9*&5%5&'?."#(&%4$%'"*%&/#%'"#.*&L?C&%L&L#(0#&R&#0%&"%&(1&9*&?'41.%X&%(L#&L#
4.#Q#5?&<1%&L#(#0&*&!$9*5#&*&;%'(#&*&K.#+0#&`&"*D&L1'4%"%)*D&4$1L.%/*D#&$#'4$#)J#.%&'1
(#&L$S#)(%D&?C#$'0%D&'#9%$?&?&5?(?& &M.#)(?&%4%/*<*5?&)%L*.*&'?&4$1"'"#)(*<*
9%'#('0%C&0$#J#X&4%D#C#(*&%L&*/#'.#(*0#&4#4*(#&K#.1("*(#&U&'#D*&=#>#$*&(#.#/*.*&'?X&L#
9*&"#5&?C%)%$&9*%&'?)*+1&(#&+"1"?&8*V%)#&4$1'"*S#&*&L#&9*&*V&0#%&?(*/*%&!&"%C#&L1'4%"%)
4$1L.%C&(*51&9*%&4$*DJ1(&U/#'.#(*<*&9%'#('0%C&0$#J#&?4%"$19*.*&'?&%)?&4$*.*0?X&L#
/#"$#S1&4%'$1L%)#81&*/D1>?&8*V%)#&0$#J#&*&L1'4%"#&*&4%)$#Q#5&%(%C#&+"%&51&L1'4%"&5%+&%L
;%'(1&L$S#%&['41.%&*D&51X&L%*'"#X&*/#/)#"*&$1+181X&L#&'1&'")#$&4$1L#&51L(%D&4%'19(%D
'?L?&U&"*DX&0#%&*&%L9*5#81D&81C%)*V&4$1L.%C#X&L1'4%"&51&9*%&?)$1>1(&*&L#%&51&"%&%LD#V
%'1"*"* &!1D&"%C#X&0#%&(*&4%'.1&!1C1L*('0%C&=*$#X&L1'4%"&(*51&D%C#%&L#&'1&$1+*&(#
91/?'.%)(?&D#>#$%N*.'0?&%$*51("#<*5?&3%$#/*&=#>#$#&0%L&K#$(1&*&(#&B%'%)?&9*.*&'?&*
'?)*+1&5#'(#&%4%D1(#&/#&')#0%CX&0%&'1X&0#%&%(X&(#.#/*%&(#&4$)%D&?L#$<?&B$#J&H%D#+&51X
D1>?"*DX&*/&4$%"*)(%'"*&4$1D#&81D?&*&V1$<1C?&!"514#(?X&4$*+#%&4%"4?(%&?/&=#>#$1&[
?C%)%$?X&0%5*&51X&&(%)1D9$#& X&'0.%4*%&?&-%9%$?&'&D#P)#('0*D&9#(%D&O#(%+1D&%L
B%$%C#&%(&'1&%9#)1/*)#%&(#&/#51L(*P0?&L1N#(/*)(?&9%$9?&4$%"*)&H?$#0#&*&(#&%L#(%'"
:?8#L*5?&*&=#>#$*D#

T#&4%P1"0?&(%)1&C%L*(1&$#"&'1&?&;%'(*&%P10*)#%&?&(#5'0%$*51&)$1D1&-?9$%)P#(*X&0%5*&'?
*D#.*&(10*V&$#/D*$*<#&'#&V1$<1C%D&(#&C$#(*<#D#&?&B%(#)J?X&%P10*)#.*&'?&)1Q&?&5#(?#$?X&L#
Q1&V1$<1C&0$1(?"*&4$%"*)&0$#J#&*.*&4$%"*)&L$?C*V&.*<#&?&:?D?X&)1$%)#"(%&0$#J1)*V
4$*'"#.*<#  T%'*%&'1&P#0&D*+J?&L#&$#'1.*&-$*51)#X&"%9%S1&/9%C&(1/L$#)#&)#/L?V#&?
8*D#X&#&?&'")#$*&L#&(#+0%L*&L?9$%)#P0*D&"$C%)<*D#&*&Y14?9.*<*X&(#&0%5?&51&4%'"#5#%&')1
)*+1&0*)#(&`4"?S*)#%&51X&L#&$#L*&4$%"*)&81C#&(#&3%$"*X&0%L&=.1P#(#&*&0%L&0$#J#
R.N%(/#X&*&L#&C#&(#/*)#5?&$#/9%5(*0%D &3#4#&T*0%.#&a&?4?"*%&51&,&5#(?#$#& 27&4*'D%
%L#(*D&)1.*0#+*D#&L#&4$*'0%P1&?&4%D%QX&#0%&*V&4%/%)1&81C%)&.1C#"&?&;%'(*X&9*'0?4
H%D# &O1L(%&)$1D1X&?&D#$"?X&9*.%&51&*/)1'(*V&4$1C%)%$#&*/D1>?&L1'4%"#&*&0$#J#
H%D#+#X &#.*&'?&%(*&%'"#.*&91/&*0#0)*V&?'41V#&!#D&4#4#&9*%&51&%).#'"*%&%'"$%C%('0%C
(#L9*'0?4#X&L#&4%'$1L?51&*/D1>?&8*V &;%$9#&*/D1>?&0$#J#&*&L1'4%"#&(#'"#)*.#&'1&*


 

 62
L#J1X&#.*&%)1&C%L*(1&91/&"1S*V&'?0%9#&:1$<1C&!"514#(&51&/#&"%&)$1D1&4%0?+#%&L#&*/D*$*
=.1P#(1&'#&L1'4%"%DX&0%5*&'?&5%+&?)10&9*.*&(14$*5#"1J*&?&\1"*X&#&/#&'191&51&"$#S*%&3%J*<#
*&`D*+X&4%+"%&51&$#"&'#&0$#J1D&R.N%(/%D&5%+&"$#5#%X &*&%(&'1&(#L#%&L#&9*&*4#0&D%C#%&%L
=.1P#(#&L%9*"*&(101&?'"?401&]1C%)*&4%0?+#5*&'?X&D1>?"*DX&*&%)%C&4?"#&%'"#.*&91/&?'41V#
3#4#&T*0%.#&a&*'0$1(%&'1&*&D(%C%&/#.#C#%&/#&0$#J#&H%D#+#&[&.1"%X&&5?(#& 27X&%(&D?&51
?4?"*%&4%'19(%C&*/#'.#(*0#X&O%)#(#X&14*'0%4#&0%'"(*P0%C#X&#&L)#&L#(#&4%"%D&L#%&51&%4$%'"
C$1V%)#&')*D#&%(*D#&0%5*&9?L?&?&81C%)%5&)%5'<*&F/#&%L9$#(?&*&4%0%$#)#81&81C%)*V
(14$*5#"1J#F&R&0#%&"*&(14$*5#"1J*&%/(#P1(*&'?&(1&'#D%&H?$<*X&(1C%&*&FD#(*V15<*FX
F51$1"*<*FX&"&5&4$#)%'.#)(*&*&9%C?D*.'0*&4%L#(*<*&*&'?'1L*&0$#J1)*&B$#J1)#&%+"$#
#0<*5#&4$%"*)&).#'"*"*V&4%L#(*0#&(*51&D?&L%(1.#&S1J1(*V&$1/?."#"#&h?L*&'?&'1&D#V%D
$#/91C.*&?&'?'1L(1&/1DJ1X&#&(#5)*+1&?&:?DX&4%L&V1$<1C%)%&%0$*J1 
!"514#(&'1&?&%)%&)$1D1&%'1Q#%&'*C?$#(X&*&'&"%C#&51&9*%&%'%$#(&*&4$*.*P(%&%'*%(&B$#J
R.N%(/&D?&51&?0#/*)#%&*/)1'(?&)1Q?&4#S8?&[&.1"%& 27X&A7&5?(#X&%(&D?&51&5#)J#%X&L#&C#&51
*/#9$#%&/#&')%C&4%)1$1(*0#&?&4$1C%)%$*D#&/#&D*$&'#&o5%$1("*('0%D&Y14?9.*0%DX&(#/*)#5?Q*
C#&?&')%D&4*'D?&F')%5*D&'$%L(*0%D&*&)1%D#&L$#C*D&4$*5#"1J1DF&3$*&4$1C%)%$*D#&%&D*$?&'#
=.1<*D#X&0%5*&'?&L%)$+1(*&"10&4%P1"0%D&51'1(*& 27X&0$#J&D?&51&5%+&7&#)C?'"#&5#)J#%X
0#0%&(#D1$#)#&*&81C#&%9?V)#"*"*&0#%&')%C&%91.1S1(%C&4$*'"#.*<? &=.1P#(*&'?&(#&"%&'#
')%51&'"$#(1&?(1.*&?&D*$%)(1&4$1C%)%$1&*&(#4%D1(1&%&9%'#('0%D&0$#J?&0#%&%&')%D
4$*5#"1J?&B#%&(10#&)$'"#&4%'$1L(%C&'#?P1'(*0#&0$#J&51& &%0"%9$#X&*&4%")$L*%&D*$&*/D1>?
=.1"#0#&*&R.N%(/#&a &!"514#(&51&"?&4#S8?&0$#J#&R.N%(/#&V"1%&%LD#V&L#&4$1")%$*&?
C%"%)%&3$10%&4%'19(%C&4%'.#(*0#X&O%)#(#&L1&RP*0*X&%(&51&/#D%.*%&')%C&+4#8%.'0%C
4$*5#"1J#X&L#&D?&%(&0%L&=.1P#(#&*/$#L*&4%)$#"#0&`D*+#X&0#L&')#&L$?C#&81C%)#&L%"#L#+8#
(14%'$1L(#&4$1C%)#$#8#&(*'?&*D#.#&?'41V#
&R.*&(*&%)%C&4?"#X&*&4%$1L&%91Q#8#&0$#J1)#X
(*51&9*.%&?'41V#&3$1L&0$#5&C%L*(1X&A&L1<1D9$#X&$#L*&')%5*V&)1.*0*V&*&#D9*<*%/(*V
4.#(%)#&(#&O#L$#('0%D&3$*D%$5?X &0$#J&R.N%(/&51&4%/)#%&V1$<1C#X&L#&*&%(X&0#%&*&(10#
L$?C#&.*<#X&'"?4*&?&81C%)&(%)*&'#)1/&'#&=.1"#P0%D&Y14?9.*0%DX&0%5*&51X&(1%P10*)#(%X&*D#%
L#&/#D1(*&"10&/#)$+1(#&(14$*5#"1J'")#
3$1L&0$#5&C%L*(1&4%C%$+#.*&'?&'1&4%"4?(%&%L(%'*&*/D1>?&!"514#(#&*&-?9$%)#P01&Y14?9.*01
3%C$#(*P(1&$#/D*$*<1&$#/)*+1&'1&?&4$#)1&'?0%91&O%+&%L&4$%.1Q#& 2&4%"1/#.%&'1&'"#.(%
4*"#81&*/D1>?&V1$<1C#&*&Y14?9.*01&%&?")$>*)#8?&"#P(*V&C$#(*<#X&(#$%P*"%&%0%&3$*51)%$#X&#
 27&C%L&"%&51&4*"#81&L%9*.%&4%'19(?&%+"$*(?&[&')%D&D1D%$#(L?D?&%L&&#4$*.#& 2
-?9$%)P#(*&'?&?&P1"$(#1'"&"#P#0#&*/(%'*.*&')%51&"?S91&(#&!"514#(#&`4"?S*)#.*&'?&C#X&L#
*D&(#D1$#)#&%"1"*&8*V%)%&/1DJ*+"1i&L#&?L#$#&(%)1&<#$*(1&*&(#D1"1i&L#&51&?&-$#P1)*<*
%")%$*%&')%5?&'%.#(?i&L#&51&4$1D1'"*%&"$C&*/&-$*51)#&?&`$D#(i&L#&(1&L%/)%J#)#
-?9$%)P#(*D#&L#&'?L1&81C%)*D&4%L#(*<*D#i&*&L#&*V&$%9*&*&V#$# &!"514#(&51&L%*'"#
$#/)*5#%&51L(?&10%(%D'0?&4%.*"*0?X&0%5#&51&V"1.#&+"%&)1Q?&1D#(<*4#<*5?&%L&L?9$%)#P0%C
4%'$1L(*+")#&3$*&"%D&'1&(*51&?'"$?P#)#%&(*&%L&(#'*J#&3$*&4$%.#/?&'"%01&'&L1'4%"%)#&*
"?$'0%C&4%L$?P5#&0$%/&81C%)?&/1DJ?&"$#S*%&51&7gX&#&/#&')%5?&$%9?X&0%5#&51&4$%.#/*.#&0$%/
-?9$%)(*0X&(*51&V"1%&L#&4.#Q#&(*+"#&:"1%&51X&0#0%&0#S?&-?9$%)P#(*X&L#&<1.?&"$C%)*(?&?/D1
?&')%51&$?01&T#&/#4$14#+Q181&*&-?9$%)(*0#&*&B%"%$#&%(&51& &C%L&%'(%)#%&?&T%)%D&')%5?
N#9$*0?&P%V1&F!*.#(&')1"&'#&$#/(*V&'"$#(#&(#C$(?%&51&L#&'1&"#D%&(#'1.*F&H#0%&'?&'1&"?S*.*
B%"%$#(*& 27&C%L&`9?'"#)(%&51&4%'"141(%&*&?)%/&'%.*&*/&-?9$%)(*0#&*&')%51&J?L1
?4?Q*)#%&51&?&T%)*&]1C%)1&"$C%)#P01&)1/1&'#&=.1<*D#&*&o*$1(<%D&4%'"#5#.1&'?&')1&)*+1
(14%'$1L(1&-?9$%)#P0*&4$%"1'"*&(*'?&(*+"#&4%D#C#.*&T#4$%"*)&:1$<1C&51&9*%&')1
V.#L(*5*&*&%L.?P(*5*&e"#&)*+1X&2&'14"1D9$#& 27&4%)?0#%&51&*&)1Q*&%'"#"#0&')%C
0#4*"#.#&*/&-?9$%)(*0#&K*L1Q*&')1&"%&-?9$%)P#(*&'1&$1+#)#5?&)1Q&?&%0"%9$?X&L#&'1&4%"?S1
D#>#$'0%D&0$#J?X&#&2&L1<1D9$#&%9?'"#)J#5?&')#0*&"$C%)#P0*&4$%D1"&4$10%&V1$<1C%)#
4%L$?P5#&B#L&')1&(*51&4%D%C.%&%(*&'?&@&5#(?#$#& 2&?4?"*.*&O#(0?&:?8#L*5?&*
D#>#$'0%D&'#9%$?&51L(%C&')%C&4%'.#(*0#X&L#&'1&4%"?S*&(#&V1$<1C#&*&/#"$#S*&/#+"*"1&B#%
(10#&)$'"#&D#>#$'0%C&D#(L#"#$#&/#&?D*$*)#81&!"514#(%)%&*D#%&51&9*"*&0$#J&H%D#+X&#&"$19#%
51&L%Q*&*&4%'19#(&D#>#$'0*&*/#'.#(*0&=#>#$'0*&'#9%$&'#&O#(0%D&:?8#L*51D&%L#/)#%&'1


 

 6,
L?9$%)#P0%D&4%/*)?&*&?4?"*%&51&51L(%C&*/#'.#(*0#&*&0$#J?&H%D#+?&*&V1$<1C?&[&*'"%&)$1D1X
-?9$%)P#(*&'?&"$#S*.*&(%)P#(?&*&D%$#.(?&4%D%Q&*&%L&4#41X&P*5*&'?&%$C#(*&S1.1.*&*
4$%4%)1L#.*&L#&(1'"#(1&51$1"*0#&0#%&F)%'0#&*'4$1L&%C8#F&!"514#(#&'?&-?9$%)P#(*&')?L#
4$*0#/*)#.*&0#%&C.#)?&51$1"*0#&*&%4#'(#&4$%"*)(*0#&0#"%.*P01&)1$1&R.*&'?&*4#0&4%0?+#.*
L#&'1&%95#'(1&*&'#&8*D&'#D*DX&'#D%&+"%&"%&)*+1&(*51&*+.%&.#0%&`(&51&%L&(10*V&8*V%)*V
J?L*&L%/(#%&/#&8*V%)1&$#/(1&4%.*"*P01&"#5(1i&%L&"*V&51&J?L*&0$*+%D&(#9#)J#%&*&9#$?"i&%L
8*V&51&P#0&(#C%)#$#(&*&L#&(#'"#)J#&')%51&"$C%)#P01&4%'.%)1&B#%&%LC%)%$&(#&%4"?S91&?
Y*D?&*&;?L*D?&L%+.#&51&!"514#(%)#&#0<*5#&0%L&3%$"1X&?&O1L$1(?X&*&"$#S181&L%/)%.1&L#X&#0%
?'"$19#X&D%S1&*&)%5(*P0*&*'"?4*"*&4$%"*)&-?9$%)#P01&Y14?9.*01&-?9$%)P#(*&'?&4%0?+#.*
')1&L#&C#&'4$1P1&`9$#Q#.*&'?&'1&*&L1'4%"?&*&0$#J?&H%D#+?&`)%D1&'?&C%)%$*.*X&0#0%
-?9$%)(*0&4.#Q#&0$#J?&*/)1'(1&'?D1&C%L*+81X&L#&9*&9*%&D*$#(&*&L#&9*&*D#%&'*C?$(1&4?"1)1
0$%/&;%'(?&:1$<1C&(1&4%+"?51&(*&81C#&(*&')1&'"#$1&?C%)%$1&`L&0$#J#&'1&"$#S*.%&L#
4%'$1L?51&(#&3%$"*&*/5#)J?5?Q*X&0#0%&V1$<1CX&/#")#$#81D&"$C%)#P0*V&4?"1)#X&+"1"*
(14%'$1L(%&0$#J#&51$&D?&'4$1P#)#&<#$*('01&4$*V%L1X&#&4%'$1L(%&*&3%$"?X&51$X&.*+1(
4$*V%L#X&0$#J&(1&D%S1&(#&)$1D1&*'4.#Q*)#"*&L?S(*&V#$#P
B$#51D&#)C?'"#& 27&?D$.#&51&V1$<1C%)#&'1'"$#&H1%L%$#X&?L%)*<#&Y#L%'.#)#&3#).%)*Q#X&#
'$1L*(%D&L1<1D9$#&*'"1&C%L*(1&?D$%&51&*&81(&(#5'"#$*5*&'*(X&)%5)%L#&U)#(*+X&&0%5*&51
4%'.1L8*V&C%L*(#&*D#%&/(#P#5(?&?.%C?&?&V*'"%$*5*&;%'(1&-)#&81C%)#&9$#"#&)%5)%L#&31"#$&*
0(1/&T*0%.#&(*'?&*D#.*&(*&"%C#&/(#P#5#X&(*&"%C&?"*<#5#
[&4$%.1Q1& 2&%L(%'*&*/D1>?&V1$<1C#&*&-?9$%)#P01&Y14?9.*01&4%'"#5#.*&'?&')1&C%$*&*
)%L*.*&5#'(%&0#&'?0%9?&B$#51D&N19$?#$#&'"*C.%&51&?&-?9$%)(*0&51L(%&4%'.#('")%&?&*D1
V1$<1C#&*&81C%)*V&'*(%)#X&#.*&51&*&51L(#&*&L$?C#&'"$#(#&9*.#&(#%+"$1(#&:1$<1C%)*&J?L*
"$#S*.*&'?X&L#&-?9$%)P#(*&(#0(#L1&(%)P#(1&*/L#"01X&0%51&51&V1$<1C&P*(*%&D*"1Q*&H?$01X&L#
(1&9*&D%$#%&(#4#'"*&-?9$%)(*0&/#&)$1D1&L1'4%"%)#&9#)J18#&?&81D?&=(%C%&'?&*('*'"*$#.*X
L#&Y14?9.*0#&)$#"*&777&L?0#"#X&0%51&51&!#(L#J&9*%&%'"#)*%&0%L&81i&L%0&'1&Y14?9.*0#
9$#(*.#X&L#&51&"#5&(%)#<&!#(L#J&%'"#)*%&(1&!"514#(?&(1C%&81C%)%5&L1<*&*&L#&%(#&)$+*&'#D%
81C%)?&)%J?&H?S*.*&'?&'1X&?/&"%X&*&(#&L?9$%)#P01&<#$*(1&-?9$%)#P0*&'1(#"&51&%L9*5#%&*
4%D*'#%X&L#&'#&V1$<1C%)*D&'*(%D&K.#L*'.#)%D&$#'4$#)J#&%&%(%D&!#(L#J1)?&4%0.#L?
F
&&&F&*&%L9*%&51&*'4.#"?&=1'"%&"%C#&%(*&'?&4%(?L*.*&#$9*"$#S?&(10*V
V$*+Q#('0*V&C%'4%L#$#X&D*'.1Q*&(#&D#>#$'0%C&*&9%'#('0%C&0$#J#&3%'.1&')1C#&"%C#X&0#L&'1
(*'?&D%C.*&4%C%L*"*X&9*.%&51&)*+1&(1C%&)1$%)#"(%X&L#&D%S1&L%Q*&L%&'?0%9#&!&"%C#&51
Y14?9.*0#&)1Q&A&D#$"#&(#$1L*.#X&L#&'1&4$1L?/D?&D1$1&'*C?$(%'"*&/#&B%(#)J1 
\#&"%&)$1D1&91+1&?D$%&"?$'0*&'?."#(&=?$#"&II&E2&N19$?#$#& 2GX&#&(#&4$1'"%&L%>1&81C%)
'*(X&L#$%)*"*X&9%$91(*&*&)$.%&4$1L?/1"(*&=?V#D1L&II&[&-?9$%)(*0&'"*S1&)1'"X&L#&51&(%)*
'?."#(&4$*'"#%&L#&V1$<1C&(#4#L(1&(#&8*V%)&C$#LX&4%+"%&%(&4$*/(#51&)$V%)(?&).#'"&81D?
(14$*5#"1J'0%C&D#>#$'0%C&L)%$#&[4.#+1(#&Y14?9.*0#&4*'#&@&#4$*.#&')%5*D&4%'.#(*<*D#
0%L&L1'4%"#X&L#&4%'$1L?51&/#&8*V&(#&3%$"*&!"514#(%)1&P1"1&)1Q&4#.1&*&V#$#5?&L?9$%)#P0%
4%L$?P51X&#.*&N%$D#.(*&$#"&4%)?Q*&Q1&*&5%+&"1S*V&C?9*"#0#&:1$<1C&'#L&V%Q1&L#&*D&4$1%"D1
B%(#)J1&!1D&0%L&'?."#(#X&L1'4%"&51&"$19#%&L#&4%'$1L?51&*&0%L&'#D%C&!"514#(#&*&L#&*/5#)*X
0#0%&%(&(1Q1&%'"#)*"*&-?9$%)#P01&Y14?9.*01&*&0#%&'"#$%C&4$*5#"1J#&*&/9%C&+"1"#&0%51&9*
*D#%&%L&%9?'"#)J#8#&"$C%)*(1&'&8*D#

K*L1Q*&L#&!"514#(&(1&4%4?+"#&Y14?9.*0#&51&4%P1.#&(#9#)J#"*&(#5#D(*01&*/&R4?.*51&*
"$#S*"*&4%D%Q*&*&(#&')*D#&L$?C*D&'"$#(#D#&[4?"*.#&51X&4$10%&!4.*"#X&2&#4$*.#
!*C*'D?(L#&M?P1"*Q#&(#54$1&0$#J?&H%D#+?&*&O#(0?&:?8#L*5?X&#&?/C$1L&*&L#.D#"*('0%D
9#(?&31"$?&H#.%)<? &-%"#L#+81&4%'$1L%)#81&D#>#$'0%C&0$#J#&(*51&*D#.%&?'41V#
]1C%)&4%'.#(*0&H%D#&51X&*'"*(#X&L%+#%&0%L&V1$<1C#X&#.*&(*51&?'41%&L#&C#&'D*$*&3%&/#V"1)?
"%C&*/#'.#(*0#&4$*'"#.1&'?X&*'"*(#X&%91&'"$#(1&L#&*/#+#J?&')%51&J?L1&:?8#L*5?&*&L#&D?
*/.%S1&<1%&'4%$X&#.*&(*51&(*D#.%&'*C?$(%&L#&Q1&!"514#(&4$*D*"*&')#0%&$1+181&!&"%C#&"$19#
/#"$#S*"*&%L&9#(#&31"$#&'")#$(?&)%5(*P0?&4%D%Q&H$19#X&?/&"%X&C.1L#"*&L#&?P*(1&%L(%'1
*/D1>?&9#(#&*&0$#J#&H%D#+#&+"%&4%)1$J*)*5*DX&F51$&51&0$#J&D(%C%&4%)1/#(&'&0$#J1)'")%D&*


 

 66
C?91$(#"%$%D&[C#$'01F&;%'#('0%D&0$#J?&*D#%&51&M?P1"*Q&*/.%S*"*&<1.?&'")#$&*&0#/#"*&D?X
L#&(*&81C%)%&4%'.#('")%&(*51&(*+"#&4%'"*C.%&!"514#(&(#'"#)J#&L#J1&L#&4$%)%L*&')%5?
)%J?X&#&0$#J&/(#&)$.%&L%9$%&0%&51&*&0#0#)&51&%(&F4%+"%&51&*&4$1D#&81D?&?P*(*%&'")#$*&D#81
(1C%&4$#)1&*&L?S(1F&:1$<1C&"$#S*X&*D#%&51&%(&0#/#"*X&L#&Y14?9.*0#&4.#Q#&H?$<*D#&%(1
L#(01&0%51&51&L%".1&4.#Q#.#&0$#J?&!&"%C#&'?&81C%)*&4%'.#(*<*X&0%5*&'?&'1&(#.#/*.*&(#
3%$"*X&*D#.*&L#&'1&/#?/D?&/#&-?9$%)(*0&*&L#&*/5#)1X&L#&9*&8*V%)#&+"1"#&4%C%L*.#&*&0$#J#&*
81C%)1&4$*V%L1&*&%9#)1/1&4$1D#&3%$"*&M?P1"*Q&51&%)%D&4$*.*0%D&*D#%&L#&4%(?L*&*&'#)1/
0$#J?&U/&;%'(1&*D#%&51&M?P1"*Q&4%Q*&?&[C#$'0?X&O#(0?&:?8#L*5?&B%L&O#(0#&51&"$19#.%
"$#S*"*&?C#$'0?&4%D%QX&0%5#&9*X&/L$?S1(#&'#&)%5'0%D&0$#J#&H%D#+#&*&9#(#&31"$#X&?$#/?D*.#
!"514#(#&*&D%C.#&C#&.#0%&.*+*"*&81C%)*V&4%'1L#&R&#0%&9*&L%+#%&?&;%'(?&'#D&:?8#L*
C.#)%DX&0#0%&51&51L(%D&9*%&%91Q#%X&D%C#%&9*&9$/%&?/1"*&(1&'#D%&C$#L&:%L*L51LX&0%5*&L$S1
H?$<*X&(1C%&*&')?&;%'(?&*&4$1'1Q*&"?&"?$'0*&?"*<#5
B$#J&H%D#+&(*51&D%C#%&L#&4%'$1L?51&]1C%)&*("1$1'&(*51&9*%&)1/#(&/#&5?CX&/#&"%&(#&%P*
.%0#.(%&4*"#81X&(1C%&(#&*'"%P(?&C$#(*<?X&CL1&51&'4%$&'#&L1'4%"%D&5%+&%'"#%&(1$1+1(&B$#51D
#4$*.#&(#.#/*.*&'?&'1&?&=.1<*D#&81C%)*&4%'.#(*<*X&0%5*&'?&C%)%$*.*&L#&51&0$#J&?%P*&$#"#
'#&L1'4%"%D&*&0%5*&'?&'&"%C#&D%.*.*&Y14?9.*0?&L#&(1&4%D#S1&!$9*5#(<1&(1C%&L#&%'"#(1
(1?"$#.(#&Y#'4*"*)#.*&'?&'1X&?/&"%X&L#&.*&=.1P#(*&(#D1$#)#5?&?/1"*&C$#L&`'"$%)*<?X&0%5*&'1
%LD1"(?%&%L&9#(#&31"$#&=.1P#(*&'?&%LC%)%$*.*X&L#&"%&(1&D*'.1&P*(*"*&*&L#&9**D&9*.%
D*.%X&L#&C#&?/D1&'#D&0$#J&`91Q#.*&'?X&91/&?'"1/#8#X&(1?"$#.(%'"&?&$#"?&*&P#0&*&"%X&L#&Q1&'1&*
0%L&H?$#0#&/#?/1"*X&L#&(1&(#4#L#5?&(#&0$#J#X&FÈ& & & &
 &

F 
R.*&"%&8*V%)%&%91Q#81&(*51&9*.%&%L&0#0)1&0%$*'"*X&4%+"%&(*&%(*&'#D*&(*'?&'"#.*&(#&3%$"*
;%C&/(#&0#0%X&*&4%+"%&'?X&D#.%&4%"%DX&(101&"?$'01&P1"1&?4#.1&?&;%'(?&*/(1(#L#&*&(#(1.1
L%'"#&+"1"1
T*&9#(&31"#$&(*51&?&"#5&D#V&9*%&'4%'%9#(&/#&)%5(*P0?&#0<*5?&?&0%$*'"&-?9$%)(*0#&`(X&1"%X
(*51&D%C#%&(*&L#&4%)$#"*&`'"$%)*<?&'#DX&#&0#D%&.*&L#&*L1&?&4%D%Q&L$?C*D#&!1D&"%C#X&%L(%'*
*/D1>?&81C#&*&:?8#L*5#&(*'?&9*.*&L%9$*X&*&%(&51&'#D&D%.*%&L?9$%)#P0%C&4%'.#(*0#X&L#&0%L
D%Q(%C&(#D1'(*0#&?C#$'0%C&L1.?51&/#&*/D*$181&U'"%&"#0%&%(&51&9*%&?&/#)#L*&*&'#&0$#J1D
H%D#+1D&B$#J&51&4%D#C#%&81C%)1&4$%"*)(*01&?&:$)#"'0%5X&(#$%P*"%&0$9#)'01&0(1/%)1X&#
*D#%&51&*&'#D&4$%V"1)#&(#&(101&81C%)1&C$#L%)1X&#&4%'19(%&(#&`'"$%)*<?&*&B(*(&U/D1>?&8*V
51&51L(%&)$1D1&L%+.%&P#0&*&L%&%")%$1(%C&(14$*5#"1J'")#X&#.*&*/&81C#&H%D#+&(*51&*/)?0#%
(*0#0)1&0%$*'"*
[&')%5%5&)1.*0%5&D?<*&-?9$%)P#(*&'?&'1&%9$#"*.*&*&'#D%D&4#4*&!4$1D#5?Q*&'1&/#&$#"
!"514#(&51X&*'"%&0#%&*&%(*X&4%P1%&L#&(#9#)J#&(#5#D(*01&?&5?S(%5&U"#.*5*&R0%&(*51&D%C#%
4%D%Q*&(14%'$1L(%X&4#4#&51&9#$&D%C#%&?P*(*"*&"%.*0%X&L#&0%L&(#4?J'0%C&0$#J#&*&%'"#.*V
)1.*0#+#&*/&5?S(1&U"#.*51&'4$1P*&"%&)$9%)#81&0#"%.*P0*V&.*<#&4$%"*)&-?9$%)(*0#&0#%
0#"%.*P01&L$S#)1&3#4#&T*0%.#&51&%95#)*%&%LD#VX&L#&Q1&9*"*&*/%4Q1(&*/&<$0)1&')#0*&%(#5
0%5*&9?L1&4%D#C#%&V1$<1C#X&51$&L#&51&%(&F ‚ 
& 
F&*&F'#&4%D%Q?&L$?C*V&(1)1$(*0#F
4?'"%+*&L?9$%)#P0?&%9.#'"&H#&D1$#&51X&*/C.1L#X&*D#.#&L15'")#X&51$&51&'#D&0$#J&R.N%(/
*/5#)*%X&L#&Q1&?&"%D&'?0%9?&%'"#"*&(1?"$#.#(&*&?&"%D&'D*'.?&L#%&51&*&%95#)?&4%&R4?.*5*
!"514#(&'1X&D1>?"*DX&%9$#"*%&?&=.1"01X&"$#S1Q*&%L&8*V&'#$#L8?&4$%"*)&-?9$%)P#(#
=.1P#(*&'?&"%&&D#5#&?P"*)%&%L9*.*&O1L*(%&'?&%91Q#.*&L#&Q1&1(1$C*P(%&4$%"1'"%)#"*&?
-?9$%)(*0?X&+"%&'?&8*V%)1&.#>1&4$#)*.1&(14$*.*01&V1$<1C%)%D&4%'.#(*0?&(#&4?"?&?
=.1"01&*&"%&?&D.1"#P0*D&)%L#D#X&4#&'?&"%X&%LD#V&'5?"$*&L#(X&*&*/)1.*&U'"%&'?&"#0%
%L9*.*&*&-?9$%)P#(1X&0%5*&'?&*VX&0#%&0#"%.*P01&'?)1$(*01X&D%.*.*&/#&4%D%Q&4$%"*)
!"514#(#X&0%5*&L#&51&4#"#$1(&*&"*$#(&T*'?&*D&V"1.*&L%/)%.*"*&(*&"%X&L#&?&D.1"#P0*D&)%L#D#
'D15?&(#4#L#"*&!"514#(%)1&.#>1&*&J?L1X&(#C.#+#)#5?Q*&L#&S1.1&%'"#"*&4%"4?(%&(1?"$#.(*&\#
-?9$%)P#(1&51&"%&9*%&%'1"#(&?L#$#<X&51$&/9%C&"%C#&(*'?&D%C.*&4$1L?/*D#"*&?&;%0*&B%"%$'0%5X
CL1&'1&!"514#(&'(#9L1)#%&$#"(*D&D#"1$*5#.%D&*&L$?C*D&4%"$19#D#X&')1&%(1&D1$1X&0%51&'?&*D
'1&P*(*.1&4%"$19(1 &!&)$1D1(#&(#&)$1D1&8*V%)#&51&N.%"#&*4#0&9*)#.#&%N#(/*)(#X&#
D.1"#P01&'?&).#'"*&4%(10#L&/#")#$#.1&%P*&`95#+8#)#5?Q*&4#4*&')%51&L$S#81&=.1"#P0#


 

 6@
Y14?9.*0#&51&"%&%")%$1(%&4$*/(#)#.#X&#.*&51&L%L#)#.#&*&"%X&L#&'1&9%5*&!"514#(#X&F51$&51&D%Q#(
C%'4%L*(F

o%$D#.(*&$#"&*/D1>?&!"514#(#&*&-?9$%)(*0#&4%P1%&51&$1.#"*)(%&0#'(%X&"10&0$#51D&5?(#
D1'1<#X&*#0%&'?&4?'"%+18#&L?9$%)#P01&%0%.*(1&*&(#4#L*&(#&8*V%)1&0#$#)#(1&"$#5#.*&)1Q&%L
51'1(*& 27X&#&4%5#P#.*&'1&%L&D#$"#& 2&C%L&=#5#&@&/#9$#81(&51&9*%&"$C%)#P0*&4$%D1"
4$10%&:1$<1C%)*(1X&#.*&'1&L#(&4$1&"%C#&9*.%&$1+*.%&?&-?9$%)(*0?&L#&!"514#(#X&#0%&'*>1&?
B%(#)J1X&4%/L$#)1&0#%&*&?)10&$#(*51 &K%5(*P0*X&-?9$%)P#(*&(*'?&9*.*&L%$#'.*
!"514#(?X&#&/(#.*&'?&L%9$%&*&"%X&L#&Q1&%(*X&D#&0#0%&'1&$#"&)%L*%X&4$1"$41"*&)1Q*&L1%&+"1"1&\#
'#D&')%5&L%9$%&?")$>1(*&C$#L&%(*&'1&(*'?&9%5#.*X&#.*&'?&'"$#V%)#.*&/#&<1.%&4%L$?P51&)#(
C$#L'0*V&/*L*(#&*&/#&')%5?&"$C%)*(?&*&81(1&)1/1&!&"%C#&'?&6&5?(#X&'0%$%&?&%P#5#8?X&4*'#.*
O#(0?&:?8#L*5?X&L#&')?&(#L?&4%.#S?&?&;%C#&*&?&81C#&*&?&81C%)&L%.#/#0&?&;%'(?&FH%&51&4?"
(#+1C&'4#'18#F &:?8#L*&51&L%*'"#&9*%&*/5#)*%&M?P1"*Q?X&L#&.*P(%&D*'.*&L%Q*&?&;%'(?X
L#&L*C(1&?C.1L&?C#$'01&0$?(1&*&0#/(*&/#51L(*P01&(14$*5#"1J1&-?9$%)(*0&51&4%0?+#)#%&(#Q*
')1&D%C?Q1&$#/.%C1&L#&C#&4%L$S*&?&"%5&(#D1$*i&*/.#C#.*&'?&D?&P#0&%L&0%.*01&9*&"%&0%$*'"*
9*.%X&L#&%(&?%4+"1&4%L)$C(1&;%'(?&4%L&D#>#$'0?&).#'"&R0%X&'.?P#5(%X&(1&9*&:?8#L*
D%C#%&.*P(%&L%Q*X&"$19#.%&9*&L#&(#$1L*X&L#&D#>#$'0?&4%D%Q(?&)%5'0?&*&9%'#('01&P1"1&4%)1L1
'#D&0$#J&H%D#+X&51$&91/&"%C#&(1D#&*/C.1L#&/#&4$#)*&?'41V
R.*&4$)*&?'.%)&L#&'1&')1&"%&4%'"*C(1&*D#.%&51&9*"*&*/D*$181&'#&L1'4%"%D&\#&(%)%C&'?."#(#
=?V#D1L#&*.*&=1VD1L#&II&)1$%)#.%&'1X&L#&*D#&D(%C%&%9/*$#&4$1D#&L1'4%"?&/9%C&'?."#(*51
=#$1X&L1'4%"%)1&Q1$01X&?L%)*<1&'?."#(#&=?$#"#&IIX&0%5#&51&9*.#&)#'4*"#P*<#&=1VD1L%)#
-1'4%"&51&L%*'"#&'"#5#%&?&"%&)$1D1&0%L&H?$#0#&)$.%&L%9$%&\9%C&')%C&'?0%9#&'#&:?8#L*51D&?
"%0?& @&C%L&*&4%'.1&"%C#&%(&51&D%$#%&"$#S*"*&5#P1C&%'.%(<#&(#&3%$"*X&L#&(1&9*&%'#DJ1(
9*%&*/.%S1(&D#>#$'0%5&%')1"*&:?8#L*&51&'#D&')%5&L%.#/#0&?&;%'(?&)1/#%&/#&*/D*$181&'
L1'4%"%D&U'"%&"#0%&51&*&0$#J&H%D#+&%'1Q#%X&L#&'?&D?&)1/#(1&$?01&')1&L%".1&L%0&'1&(1&(#C%L*
'&L1'4%"%D&B$#J&51&4%D*+J#%&(#&'#)1/&'#&-?9$%)(*0%D&*&C%)%$*%&%&"%D&'&81C%)*D&J?L*D#X
#.*&51&"$#S*%&L#&C#&Y14?9.*0#&(#54$1&*/D*$*&'#&L1'4%"%D&[&-?9$%)(*0?&'1&)1$%)#.%X&L#&9*
0$#JX&0#%&<1(?&"%C&*/D*$18#X&9*%&)%J#(&)$#"*"*&C$#L&!$19$1(*0&*/(#L&!$19$1(*<1X&')#0#0%
'&8%D&/#51L(%&[&L$?C*&4.#(&L%.#/*.#&51&4%"$19#X&L#&'1&0$#J&*/D*$*&*&'#&9#(%D&31"$%D
H#.%)<1D&Y14?9.*0#&51X&L%*'"#X&%).#'"*.#&')%51&4%'.#(*01X&L#&%LD#VX&4%+"%&'#'.?+#5?
0$#J#X&%L?&L1'4%"?&*&L#&4%'$1L?5?&/#&'4%$#/?D&[&*'"*&D#V&"$19#.%&51&/#D%.*"*&L1'4%"#X&L#
')%5&?"*<#5&(#&3%$"*&?.%S*&(#&0%$*'"&Y14?9.*01
T14$*5#"1J'")#&'?&4%P1.#&6&5?(#&!"514#(%)*D&(#4#L#51D&(#&j$(%)(*<?&3%'.1&"$*&L#(#
%"4%$#&L?9$%)#P0#&)%5'0#&9*.#&51&?&(%Q*X&&5?.#X&0%L&H%D91&4%$#S1(#&*&*/C?9*.#&51& 77
/#$%9J1(*0#&Y14?9.*0#&51&%LD#V&4%"%D&4%P1.#&(14%'$1L(1&4$1C%)%$1&/#&D*$&O?.#&A&%(#&51
?4?"*.#&V1$<1C?&51L(%C&4%'.#(*0#X&L#&C#&%4%D1(1&(#&'"#$1&)1/1&*&4$*5#"1J'")#&*&L#&C#&/#D%.*
L#&4$1'"#(1&'&(14$*5#"1J'")*D#&R.*&51&?&*'"*&D#V&%).#'"*.#&"%C&4%'.#(*0#X&L#&4%0?+#
4%LD*"*"*&V1$<1C%)?&%0%.*(?X&L#&9*&L%+.*&L%&'D*$*)#8#&:1$<1C%)#&)%5'0#&9*.#&51&/#&"%
)$1D1&4%'1.#&<1.%&B%(#)J1&%'*D&C$#L#&!%0%.#&:1$<1C%)*&?'.%)*&/#&D*$&9*.*&'?&'&"%C#
L%'"#&"1+0*&`(&51X&)1.*X&L%9*%&B%(#)J1&')1P#(%&%L&H?$#0#&*&"$#S*%&51X&L#&D?&C#&'#LX&4%'.1
%')#5#8#X&4$*/(#5?&*&-?9$%)P#(*&Y14?9.*0#&(#&"%&(*51&(*0#0%&4$*'"#5#.#&`(#&51&C%L*(#D#
$#L*.#&L#&L%9*51&"?&%9.#'"X&%"0?4*.#&51&/#&)1.*0?&<1(?X&?.%S*.#&?&8?&L%'"#&(%)*V&'$1L'"#)#
:1$<1C?&51&%LC%)%$1(%X&L#&%(&/(#&L#&'?&B%(#)J1&4$%L#.*&81C%)&'"$*<&*&4%'.1&Y#L%'.#)
3#).%)*QX&#&#0%&*D#&0#0)1&'?D81&%&4$#)(%5&'"$#(*&'4%$#X&(10#&"%&4$1'?L*&'#D&'?."#(X&*'"%
0#%&*&%(%&4*"#81&%&!#(L#J1)?&L14%/*"?&!"514#(&51&4$*'"#%&(#&"%X&?/L#5?Q*&'1&(#&')%51&)1/1&'
3%$"%D&3$*D*%&51X&?/&"%X&777&L?0#"#&0#%&%"0?4&/#&/#$%9J1(*01&Y14?9.*0#&51&%LD#V&4%&"%D
?4?"*.#&')%51&4%'.#(*01&L1'4%"?X&L#&%(&(#&3%$"*&4%'$1L?51&/#&8*VX&(1&+"1L1Q*&'$1L'"#)#
3%S?$*)#.#&51&*&'0.#4#81&D*$#&*/D1>?&H%D#+#&*&c?$>#X&0#0%&9*&9#$&0$#J&D%C#%&4%'"#"*
#0"*)(*5*
]*V%)%&4%'$1L%)#81&?&"%D&4$#)<?&*D#.%&51&?'41V#&B$#J&H%D#+&)$#"*%&51&!$19$1(*<?&)1Q
0$#51D&5?.#&!&L1'4%"%D&'1&*/D*$*.#&(1&'#D%&;%'(#X&(1C%&*&[C#$'0#&H%&51&?P*(*.%&L#&'?


 

 6
-?9$%)P#(*&L*C.*&C.#)?&*&4%P1.*&"$#S*"*&%L&4$*5#"1J#X&L#&*V&(1&'#D%&/#+"*"1&%L&V1$<1C#X
(1C%&*&L#&*D&%91/91L1&L%9*5#81&81C%)1&S?41&-$#P1)*<1&*&C$#L#&:1$<1CT%)%C&!"514#(X&'#
')%51&'"$#(1X&)1$?5?Q*&L#&51&4%$#/&0%L&H%D91&'.%D*%&L?9$%)#P0?&?4%$(%'"X&(*51&9*%&D(%C%
4$1L?'$1"J*)&*&"$#S*%&51X&?&L%'"#&'4%$1L(*V&4*"#8#X&L#&%"1C(1&*&0%D4.*0?51&'")#$*
O1L(%&'"#$%&(#+1&4$*P#81&%&4$1(%'?&D%+"*5?&!)&b?01&*/&14*$'0%C&Y%C%'#&?&!$9*5?&)1/#(%&51
/#&;%'(?&*&L1'4%"%)%&$#"%)#81&?&8%5&B#L&51&L1'4%"&F)%5*('")%)#%&?&/1DJ*&9%'#('0%5F&*&0#L
51&(#4#L#%&C$#L&H1%P#0&5#)*%&D?&'1&(10*&'"#$#<&`(&D?&51&$10#%X&L#&'?&H?$<*&4%'1.*&Y%C%'&*
L#&%(&"$19#&L#&*/(1'1&%"?L&D%+"*&1)#(C1.*'"%)1&3%&L%/)%.*&'?."#(#&=1VD1L#&L1'4%"&51
?4?"*%&"#D%&')%51&J?L1&*&')1P#(%&4$1(1%&D%+"*&?&!D1L1$1)%X&&5#(?#$#& 2A
\#&"%&)$1D1&4%+.%&51&-?9$%)P#(*D#&/#&$?0%DX&L#&4$%"*)&!"514#(#&4%9?(1&81C%)#&(#5'"#$*51C
'*(#&K.#L*'.#)#&!*(#&51&4$%"*)&%<#&$#/L$#S*%&?&%'1"(%5&D1$*&51L#(&4%$%L*P(*&'0#(L#.X
0%5*&51&?&(#$%L(%5&.1C1(L*&4%'"#%&)1%D#&4%4?.#$#(&*&)%.%&$#/)*51(&!#&(10*D&"$C%)<*D#&*/
o*%$1(<1&91+1&L%+.#&?&:1$<1C%)*(?&*&51L(#&.14#&L#D#X&(10#&L%(#&O1.*'#)1"#X&0%5?&V1$<1C
/#)%.*&*&?)1L1&?&')%5&L%D&3%?/L#(%&51X&L#&51&'0%$%&<1.#&4%$%L*<#&V1$<1C%)#&%'?>*)#.#&"?
81C%)?&)1/?X&*&"%&(1&'#D%&K.#L*'.#)X&(1C%&*&V1$<1C%)#&D#50#&*&S1(#X&0%5#&'1X&4$*$%L(%X
'D#"$#.#&L?9%0%&?)$1>1(%D&[&-$*(#J1)?X&2&#)C?'"#& 2X&4%"4*'#%&51&K.#L*'.#)&'#)1/&'#
-?9$%)P#(*D#&4$%"*)&')%C&%<#X&4$*D#5?Q*&/#&9?L?Q(%'"&D(%C%&%9#)1/#&?&0%$*'"&Y14?9.*01
=1>?&4$)*D#&9*.#&51&"#X&L#&51&FL$¯S#(¯&(#'"%5#"*&/#&0%(#)#¨'0?&S?4?&%'.%9%L*"*&ÛF
`)#&#N1$#&'#&.14%D&#.*&4%0)#$1(%D&o5%$1("*(0%D&$#+P?.#&'1&4%&D(%C*D&'"$#(#D#&%(L#+81
5?S(1&f)$%41X&4#&51&4%'"#.#&$#(%&*&4$1LD1"&(#$%L(1&4%1/*51&K1Q&:#.0%0%(L*.X&/#D18?5?Q*
!"514#(#&'#&!#(L#J1DX&4$*P#&%&"%D&(#&L?C#P0%X&(1&4$%4?+"#5?Q*&L#&0#S1X&0#0%&51&"#
'"$#(0*8#&9*.#&)1%D#&.14#&*&0#0%&51&!"514#(X&'.?+#5?Q*&L#&'?&o5%$1("*(01&*/?/1"(%
4$*).#P(1X&P#0&?(#4$1L&/#S1.1%&L#&51&)*L*&3%'.1&'1&?&8?&/#J?9*%&(14%4$#)*D%&EŠ¨¬&‘¡¨Š 
›Žž·¨¬’&ž­Ž”¹œžŠ•G &H1%L%$&!4#(L?8*(%X&0%5*&51&9*%&'$%L(*0&K.#L*'.#)%)1&S1(1&R(1X
(#)%L*X&4%&4%$%L*P(%5&"$#L*<*5*X&L#&51&V1$<1CX&*#0%&)1Q&'"#$X&?)1%&"?&"?>*(0?&?&L)%$&0#%
0%(0?9*(?&B#'(*5#X&*'0*Q1(#X&4$*P#8#X&0%5#&*L?&%L&^aI&)10#X&C%)%$1&%&"%D&0#0%&51&"#
o5%$1("*(0#&*D#.#&?&'")#$*&4%'"#"*&'(#V#&V1$<1C%)#X&#&S1(#&K.#L*'.#)%)#X&*&0#0%&51&V1$<1C
4$1%"1%&'*(?&(1)1'"?X&4#&51&%)#5X&%C%$P1(&/9%C&"%C#X&?'"#%&(#&%<#
&H#0)#&4$1L#8#&5#)J#.#
'?&'1&*&?&:1$<1C%)*(*X&CL1&51&4%D1(&(#&V1$<1C#&5%+&?)10&S*)&*&CL1&'1X&0#%&?&;.#C#5?X&5%+&P#0
4%0#/?5?&.%0#.*"1"*&9%$91&*/D1>?&%<#&*&'*(#
[4#L#&?&%P*&*&(1%9*P(%&51&")$L*P0%&?'"$?P#)#81&-?9$%)P#(#X&0#0%&/#&9%$9?&4$%"*)&V1$<1C#
(*'?&9*.*&)%J(*&4%L(1"*&)1Q1&N*(#('*5'01&"1$1"1&B#L&51&:?8#L*&4%$?P*%X&L#&9*&4%+#%&?
;%'(?&'#&7777&J?L*X&#.*&L#&9*&S1.1%&/(#"*&0%.*0?&9*&D?&'?D?&(%)<#&'"#)*.*&-?9$%)P#(*&(#
$#'4%.%S181X&%)*&'?&%LC%)#$#.*X&0#0%&"%&"$#S181&(*51&*'4$#)(%X&51$&51&-?9$%)(*0&FL1%
D#>#$'0%C&0$#J1)'")#F&*&L#&51&D#>#$'0#&L?S(%'"&L#&C#&'#D*&9$#(1 &T1D#&'?D81X&L#&'?
%(*X&0#0%&'?&C%)%$*.*X&)1Q&*D#.*&D(%C%&+"1"1&*&*/L#"#0#X&#.*&51&9*.%&5#'(%&L#&Q1&*V&*D#"*
5%+&*&)*+1&#0%&'1&$#"&%L?S*&`(*&'?&%L&:?8#L*51)1&10'41L*<*51&%P10*)#.*&4%(#5)*+1X
?4$#)%&F')%5&'4#'FX&*&P?L(%)#"%&9*&9*.%X&L#&/#&'4#'&(1&S$")?5?&51L(?&'?D?X&0%5#&9*&4$10$#"*.#
D?01&U.*&'?&'1&(#L#.*X&?&)1/*&'#&%)*D&$#/L%$%D&?&V1$<1C%)%5&0?Q*X&L#&Q1&*/&P*"#)1&0$*/1
*/#Q*&'#L&.#0+1&*&'#&D#81&"$%+0#“
U/D*$181&0$#J#&H%D#+#&'#&L1'4%"%DX&)1$%)#.*&'?&%(*X&%'.%9#>#.%&51&0$#J#&(1&'#D%&%L
9$*C#&'&L1'4%"%DX&(1C%&*&%L&*/(1(#>18#&'#&"?$'01&'"$#(1&-1'4%"&51&9*%&%91Q#%&0$#J?&L#&Q1&C#
*&4%D#C#"*X&*&"%&0#0%&(#&3%$"*&"#0%&*&(#&L$?C%5&'"$#(*&B$#J&51X&?&%)%&)$1D1X&%4$%'"*%&*
')%D&)1.*0#+?&)%5)%L*&31"$?&K%5'#.*Q?X&0%5*&51&4%D#C#%&V1$<1C#&*&$#L*%&(#&')%5?&$?0?
3%'.1&'4%$#/?D#&'&L1'4%"%D&0$#J&51&D%C#%&4$*Q*&'0.#4#8?&'#)1/#&'&-?9$%)(*0%DX&0%5*&51
$#(*51&4%D*8#%&*&%91Q#)#%&!&31"$%D&K%5'#.*Q1DX&9$#Q%D&3#).%)*Q*D#&*&-?9$%)(*0%D
0$#J&9*&*D#%&')1&*/C.1L1&(#&?'41V&[C%)%$&%&'#)1/?&4$1L)*>#%&51&/#&-?9$%)P#(1&L%9*"#0&(1
'#D%&-$#P1)*<1&*&T%)%CX&(1C%&P#0&*&H$19*8#&'#&3%)$+*&*&b?C%D&*&S?4#&K$D#&*&K$'*8#&'
C$#L%)*D#&=*Q1)<1D&*&B.%9?0%D&-1'4%"?&'?&4$1L.#C#.*X&L#&%(X&0$#J&H%D#+&*&-?9$%)(*0
4%(?L1&'?."#(?&27777&L?0#"#&/#&V1$<1C%)%&4%L$?P51&*&L#&Y14?9.*0#&4.#Q#&3%$"*&%(#5


 

 @7
C%L*+8*&V#$#P&0%5*&51&L#)#%&V1$<1C&-1'4%"?&'1&(?L*.#&<1.#&!"514#(%)#&%9.#'"&L%&-$*(1i&#
0$#J&51&*D#%&L%9*"*&%'"#.%&'&"*DX&L#&5%+&D%SL#&(1+"%&?'"?4*&L1'4%"?&H#0)#&0?4%)*(#&(1
9*&9*.#&4$)*(#i&"#0%&51&)1Q&L1'4%"&'#&!#(L#J1D&?C%)#$#%&4$%"*)&0$#J#&H)$"0#&II&3%'.#(*<*
'?&'1&0%L&L1'4%"#&*D#.*&4%"?S*"*&?/C$1LX&L#&[.$*V&d1J'0*&4%D#S1&V1$<1C#&L%"?$?5?Q*&D?
$#"(*&D#"1$*#. &`L&4#41&'?&?&*'"%&)$1D1&"$#S*.*X&L#&'1&/#?/D1&/#&8*V&0%L&'"$#(*V
V$*+Q#('0*V&).#L#$#X&#&L#&*D&*&'")#$(%&4%D%C(1&?'"?4#5?Q*&*D&A77277&4.#Q1(*0#&F
È &   && &q&† 
F&3#4#&51&(1'?D8*)%&9*%&'#&')%5*D&'*D4#"*5#D#&(#
'"$#(*&-?9$%)(*0#X&#.*&(*51&D%C#%&D(%C%&L#&4%D%C(1&\#9$*(?"&/9%C&(#4$1L%)#81&H?$#0#X
(#$%P*"%&?&"#5&D#V&/9%C&8*V%)*V&(#4#L#5#&(#&B*4#$X&%(&'1&9*%&)1Q&*&'?)*+1&/#?/1%&(#&L$?C%5
'"$#(*X&L#&9*&D%C#%&%9$#"*"*&)*+1&4#S81&51L(%D&"#0%&.%0#.(%D&$#"?X&0#%&+"%&51&9*%&%)#5
L?9$%)#P0*&'#&V1$<1C%D
3$*"1+81(*&%L&V1$<1C#&-?9$%)P#(*&'?&"$#S*.*&)1/#&*&4%D%Q*&CL1C%L&'?&D*'.*.*&L#&*V&D%C?
(#Q*&K%5)%L*&U)#(*+?&K.#"0%)*Q?X&L#&9*&C#&'#&D(%C%9$%5(%D&$%L9*(%D&*/&'"#$1&0?Q1
Y#L*)%51)*Q#&4$*L%9*.*&?&'#)1/&4$%"*)&!"514#(#X&(?L*.*&'?X&?&'.?P#5?&4%$#/#X&0?Q?&?
-?9$%)(*0?&*&L%S*)%"(?&41(/*5?&%L&77&41$41$#&U)#(*+&51X&(#D#DJ1(X&#&*&.*P(%&)1%D#
(1/#L%)%J#(&V1$<1C%)*D&4%(#+#81DX&?+#%&?&4$1C%)%$1&*&9*%&L#%&(#P1.(*&4$*'"#(#0&[&*'"%
)$1D1&4%0?+#)#.*&'?&*&L#&4$1D#D1&(#&)1Q?&4.#"?&*&L#&4%L9?(1&!"514#(%)1&(#5#D(*01&3%
'"#$%D&%9*P#5?X&-?9$%)P#(*&'?&$#L*.*&V1$<1C?&*&%&C.#)*X&(1&?'"$?P#)#5?Q*&'1&(*&%L&0#0)*V
D1$#X&'#D%&L#&9*&C#&'1&%'.%9%L*.*&!&9%'#('0*D&0$#J1D&'4%$#/?D1)#.*&'?&'1&L?C%&%&'#)1/?&[
(%)1D9$?& 2X&%(*&'?&D*'.*.*&4%'"*Q*&'4%$#/?D&(#&%)%5&9#/*&L#&D?&L#L?&,777&L?0#"#&/#
4%D%QX&0%5#&Q1&"$#5#"*&"$*&D1'1<#&B$#J&D%$#&?Q*&?&V1$<1C%)%&4%L$?P51X&#&A77&L?9$%)#P0*V
)%5(*0#&9*Q1&D?&?4?Q1(%&0#%&4%D%QX&#0%&L%>1&?&:?DX&4%L&;.#C#5X&*.*&?&H$19*81&\#&'191
"$#S*.*&'?&<1.%&4%L$?P51&-$#P1)*<1X&'&T%)*D&*&Y*'(%DX&')1&L%&B%"%$#X&K$'*81&*&Y*>#(1X&#
%'"#)J#.*&'?&H$19*81X&0%51&51&V"1%&L#&?/D1&'#D&H%D#+&R.*&?&"1$*"%$*5#.(*D&/#V"1)*D#
9*.*&'?&'4$1D(*&(#&)1.*0#&4%4?+"#8#X&*&5#)*.*&'?&"%&')%5*D&4%'.#(*<*D#&0%L&0$#J#
T#54%'.1X&@&L1<1D9$#X&?&;%9%)<?X&*/L#%&51&0$#J&')%5?&4%)1J?&%&'#)1/?&T#&L?9$%)#P01
"?S91&%(&'1X&)1.*X&?)1$*%X&L#&51&V1$<1C&4%C#/*%&'"#$1&4%)1J1&*&?$1L91&*&'&"%C#&%(X&0#%&0$#JX
?'"#51&'#L&L#&*V&9$#(*&F`9*"%)#V¯&'1&'"#"*&/#&')1&ã%&'1&?&(*V¯&?L$¯S*F&[&"%5&')%5%5&4%)1J*X
?/&4%")$L1&'"#$*V&4%).#'"*<#X&0$#J&'1&%9#)1/#%&L#&Q1&%LD#V&?L#$*"*&(#&!"514#(#
F)%*ã#(*D¯&(#P*(%D¯&(#&4%.*&0#0%&D*&'1&C%'4%<¯")?&*&0$#.1)¯'")?&L%'"%*X&(1&*D#ÛQ*
"1+0%Q1&#.*&)%*'01&"?$¯'01&(#&'19*F&-?9$%)P#(*D#&51&/#&)1P*"?&9#+"*(?&?'"?4*%&K$'*81&*
-$#P1)*<?&L%&B%"%$#X&'?/*)+*&"#0%&L%(10.1&8*V%)1&4$%V"1)1&R.*&"%&51&?'"?4#81&9*.%
P*'"%&"1%$1"'0%X&4%+"%&51&!"514#(&"1&%9.#'"*&L$S#%&P)$'"%&?&')%5%5&).#'"*
[&"%D&'4%$?&4%0?+#.*&'?&L#&4%'$1L?5?&*&H?$<*&[&5#(?#$?& 2&'"*C#%&51&?&-?9$%)(*0
=?$#"X&F$%9&<#$#&"?$'0%CFX&/#51L(%&'#&"$*&V1$<1C%)#&4%'.#(*0#&3$1C%)%$*&'?&)%>1(*&?&L%'"#
4%D*$J*)%D&$#'4%.%S18?X&*#0%&Y14?9.*<*&"#&*("1$)1(<*5#&(1&'#D%&L#&(*51&9*.#&4$*5#"(#X
(1C%&*V&51&*&4.#+*.#&3%4?+"#.*&'?&*&!"514#(%)*&J?L*X&)#JL#&4%L&=?$#"%)*D&4$*"*'0%D&[
B%(#)J*D#&51&9*%&'#/)#(&(#$%L(*&/9%$X&(#&0%D&9*&4$%C.#+1(#&#D(1'"*5#&*&4%.%S1(#&(%)#
/#0.1")#&)1$(%'"*&-?9$%)(*0?&\#L%)%J(*X&-?9$%)P#(*&'?&4%0.%(*.*&=?$#"?&,77&L?0#"#
!)#&#0"#&%&'4%$?&*&'4%$#/?D?&9*.#&'?&P*"#(#&4$1L&8*D&'#D*Di&%(&51X&L#0.1X&9*%&(10#&)$'"#
#$9*"$#&B$#51D&5#(?#$#&%9L#$1(*&'?&9*.*&*&!"514#(%)*&4%'.#(*<*&*&%9(%)J1(1&)1/1&'
81C%)*D&J?L*D#&[&N19$?#$?X&@&L#(#X&$1+*.%&'1&?&!1(#"?X&L#&'1&%&')1D?&%9#)1'"*&9%'#('0*
0$#J&*&L#&D?&'1&4%+#J1&0%4*5#&'0.%4J1(%C&'4%$#/?D#
R.*&"%&')1&9*&0$#"0#&)10#&H10&+"%&51&"?$'0*&4%'.#(*0&(#4?'"*%&-?9$%)(*0&*&V1$<1C%)%
4%L$?P51X&'"#$#&'1&9%$9#&(#'"#)*.#&4%(%)%&B$*)*<1&51&9*.%&(#&%91&'"$#(1X&#.*&%)%C&4?"#
*(*<*#"*)#&51&9*.#&L?9$%)#P0#&`(*&'?X&*'"*(#X&")$L*.*&"#P(%&L#&51&!"514#(&4%(%)%&4$1%"1%
B%(#)J1X&#.*&(*'?&0#/*)#.*&/#*("1$1'%)#(*D&4$*5#"1J*D#X&L#&(*&%(*&'#D*&(*'?&*/)$+*.*
')1&%9#)1/1&'4%$#/?D#&UD#5?Q*&'#)1/&'#&0$#J1D&H%D#+1DX&L%9*)+*&*&K.#"0%)*Q1&(#&')%5?
'"$#(?X&%(*&'?&(#.#/*.*X&L#&'?&4$%+.*&91/&4$#)1&0%$*'"*&[&"%.*0%&)*+1X&+"%&51&$#/L%$&?
V1$<1C%)%5&4%$%L*<*&9*%&'0%$%&(14%4$#)J*)&*&+"%&51&V1$<1C%)&'*(X&0(1/&K.#L*'.#)X&9*%


 

 @
C%"%)&(#&(#5J?Q?&9%$9?&K1+"*X&-?9$%)P#(*&'?&(%)?&9%$9?&*&'4$1D*.*&"#0%X&L#&51&%(#
*/C.1L#.#&0#%&$1)%."&'*(#&*&4%$%L*<1&4$%"*)&%<#&R&%(*&'?&"?&9%$9?&4$*V)#"*.*&*&4%D#C#.*
')*D#&'$1L'")*D#&S1.1Q*&L#&L%&0$#5#&'#"$?&!"514#(#&B#%&(#5#0"*)(*5*&(14$*5#"1J&4$%"*)
V1$<1C#&*'"#0#%&'1&U)#(*+&K.#"0%)*QX&/#&0%C#&0#S?&L#&51&(#5)*+1&?"*<#%&(#&K.#L*'.#)#X&L#
'1&L*C(1&(#&%<#&R&U)#(*+&51X&/(#&'1X&9*%&?&(#5"1+8*D&)1/#D#&'#&-?9$%)(*0%D&`(&'1&(#L#%X
L#&9*&D%C#%&%)%C&4?"#&%'")#$*"*&'"#$1&"1S81&')%51&0?Q1&*&%'.%9%L*"*&'1&#0%&(1&4%"4?(%
)$V%)(1&).#'"*&B%'#P#X&#&%(%&9#$&L%9*"*&%L&K.#L*'.#)#&+"%&)*+1&0%$*'"*&*&?
"1$*"%$*5#.(%D&*&?&D%$#.(%D&4%C.1L?
;%$91&'?&4%P1.1&)1Q&4%P1"0%D&D#$"#& 2&-#&9*&?)?0#%&=.1"01&?&"?&9%$9?X&4%+"%&D?&51
"$19#.#&8*V%)#&N.%"#X&V1$<1C&*D&51&?&D#$"?& 2&4%(?L*%&L#&%(*&?/D?&-?9$%)(*0X&#0%&*&0#L
C#&%')%51X&#&81D?&L#&)$#"1&`D*+&*&3%J*<#&*&77777&L?0#"#&*/&L?9$%)#P0*V&L14%/*"#
=.1P#(*&C#&(1&'#D%&(*'?&%L9*.*X&(1C%&'?&D?&P#0&'"#)*.*&?&*/C.1L&'#$#L8?X&P*D&')$+1&')%51
/#4.1"1&?&U"#.*5*&T*'?&D?&P#0&%LC%)%$*.*&(*&L#&9*&"%&D%C.%&L?C%&"$#5#"*X&(1C%&'?&9#+
(#C.#'*.*X&L#&'1&(#L#5?&L#&Q1&"%&9*"*&F & 

&
 F&U/&"1&V1$<1C%)1&4%(?L1&)*L*
'1&(#59%J1&0%.*0%&51&9*%&0*)#(&(#&-?9$%)(*0&*&0#0%&D?&51&S1.1%&4$#)?&4$%4#'"
B(1/&K.#L*'.#)&51X&4%D#C#(&%L&K.#"0%)*Q#X&'&?'41V%D&$#"%)#%&4$%"*)&%<#&3%D#C#.#&C#&51&*
-?9$%)#P0#&Y14?9.*0#&*&(%)<1D&*&D#"1$*#.%D&*&)%5(*<*D#&B$#51D&D#$"#&%(&51&?/1%&(1&'#D%
V1$<1C%)&C$#L&;.#C#5X&(1C%&*&P*"#)&(*/&L$?C*V&?")$>1(*V&D1'"#&=1>?&8*D#&51&9*.%&*
4%L$?P51&L#(#+81C&=%'"#$#X&(#&0%D&'?&'1&(#.#/*.#X&?/&D%'"&(#&T1$1")*X&L)#&D#.#&?")$>18#X
0%51&51&4%L*C#%& 7&C%L&V1$<1C%)&)1.*0#+X&C%'"&Y#L*)%5&Y14?9.*0#&51&S*)%&S1.1.#X&L#
'1&V1$<1C%)&4%$#/&4$1")%$*&?&4$#)*&'.%D&!&"%C#&51&4%P1"0%D&#4$*.#&4%/*)#.#&*&L1'4%"#
c?$>#X&L#&*/&\1"1&)%5'0%D&4%D%C(1&K.#L*'.#)#&*&L#&4%/%)1&?&9%$9?&*&0$#J#&H%D#+#X&0%5*&'1&'
4%P1"0#&?'"$?P#)#%&*/&'"$#V#&%L&H?$#0#&B#L&51&%')%5*.%&4$%.1Q1&K.#L*'.#)?&51X&%L&0$#J1)1
'"$#(1X&L%+#%&?&4%D%Q&)%5)%L#&31"#$&K%5'#.*QX&4#+1(%C&V1$<1C%)X&*&%(&0#%&P.#(&%C%$P1(1
4%$%L*<1 &_*(*.%&'1X&L#&'1&!"514#(?&51L(%&)$1D1&4%"4?(%&%0$1(?.#&'$1Q#&-%+#%&51&P#0&*
51L#(&"?$'0*&*/#'.#(*0X&4%'.#(&/#?/*D#81D&L1'4%"%)*DX&L#&4$1L#&B%(#)J1&-?9$%)P#(*D#&*
L#X&?&4$*'?'")?&!"514#(%)*V&4%)1$1(*0#X&/#4$1"*&')*D#X&0%5*&9*&'1&%C$1+*.*&%&'")%$1(*&$1L
H?$'0*&*/#'.#(*0&*D#%&51&P#0&L#&?)1L1&?&L?S(%'"&(%)%C&0%(#)J#('0%C&0(1/#X&0%C#&51&%L$1L*.#
Y14?9.*0#

['$1L&"1&(1)%J1&4%D%Q&51&'"*C.#&*/(1(#L#&=.1"#P0#&Y14?9.*0#&%+"$%&51&/#D1$*.#
-?9$%)P#(*D#X&+"%&'?&')%5?&"$C%)*(?&4$%+*$*.*&)#(&')%C&L%"#L#+81C&$15%(#X&*&9*.#&51
'4$1D(#&L#&*D&(#4#0%'"*&9#$&4%'$1L(%&0#%&0%(0?$1("*D#&%L&(1'?D8*)%C&"$C%)#P0%C&/(#P#5#
U'0%$*+Q#)#5?Q*&%)1&/#4.1"1&=.1P#(*&'?X&4%&4%/*)?&V1$<1C%)%DX&4%'1.*&)%5'0%D
T1$1")#('0?&B$#5*(?X&*&"%X&0#0%&'#D*&$10%+1X&'&5#'(%D&(#D1$%DX&L#&"%&(1&9*&?P*(*.*
-?9$%)P#(*&3$%"1'"*&0$#J#&H%D#+#&*&0(1/#&K.#L*'.#)#&%'"#+1&91/&$1/?."#"# &h?"X
0$#J&H%D#+&'1&0$#51D&D#5#&0$1(?%&*/&-?)(#&'&)%5'0%DX&#&'&(#D1$%D&L#&=.1P#(1&4%"*'(1
'*.%D&-?9$%)P#(*&'?&C#&(#54$1&4%"*<#.*&(#&9%$9?&4$%"*)&!"514#(#X&?&(#L*&L#&Q1&0$#J1)
?'41V&4%"4?(%&$#'"$%5*"*&!"514#(%)?&)%5'0?&[&"%.*0%&)*+1X&+"%&51&0$#J&?'41%&L#&'1
'4%$#/?D1&'&H?$<*D#&*&+"%&51&L1'4%"&(#4?'"*%&!"514#(#&*&4$14%$?P*)#%&')*D#&')%5*D
4$*5#"1J*D#X&L#&C#&(1&4%D#S?&-?9$%)P#(*D#&51&9*.%&D(%C%&'"#.%&L%&"%C&L#&'1&'#D%&!"514#(
P#'&4$1&'.%D*&*&'&"%C#&'?&4%$?P*)#.*&0$#J?&L#&'1&(#9$/%&%95#'(*&'&=.1P#(*D#&-#&4%S?$1
0$#J#&%(*&'?&D?&(?L*.*&L?9$%)#P0%&4.1D'")%X&0?Q?&?&C$#L?X&*&277&41$41$#&H%D#+&'1X
D1>?"*DX&0%.19#%&9%51Q*&'1X&L#&'1&"#5&.%0#.(*&'?0%9&(1&*/)$C(1&?&$#"&'#&D(%C%&/#4.1"#
R0<*5#&=.1P#(#&(*51&'.?"*.#&(#&L%9$%&*&9*.#&51&)#S(#&%4%D1(#&-?9$%)P#(*&'?&9*.*X&*'"%
"#0%X&8%D&*/(1(#>1(*X&4#&'?X&%C%$P1(*X&)*L1Q*&L#&51&%(#&%/9*J(#X&*&'#D*&4%$?P*)#.*&0$#J?
L#&L#J1&D.1"#P0%&%')#5#81&'4$1P*&*&4$%C(#&=.1P#(1&'#&T1$1")1&H%&51X&C%)%$*.*&'?&%(*X&4$)#
"#P0#&'#&0%51&'"#$*&D#5'"%$*&*/&=.1"#0#&D*'.1&L#&4$%L*$?&L#J1&?&;%'(?&H#0%&'?&(10#LX
?/1)+*&'#D%&4%&51L(?&"#P0?X&%')%5*.*&4%'"141(%&-#.D#<*5?X&\1"?&*&b%D9#$L*5?&3$%C(#"*&*V
"$19#&P*D&4$1X&L%0&'1&(*'?&?")$L*.*X&#&4%'.1&Q1&)1Q&')1&9*"*&0#'(%&`)%.*0#&%C%$P1(%'"
-?9$%)P#(#&4%"*<#.#&51&L1.%D&%"?L#X&+"%&'?&'1&%(*&L%*'"#&9%5#.*&D.1"#P0%C&/#0%$#P*)#8#&?
;%'(?&*&%4#'(1&0%(0?$1(<*51&?&T1$1")*X&CL1&'?&-?9$%)P#(*&%L&L#)(*(#&S*)%&$#L*.*i&#.*&51


 

 @
81(&L%9#$&?/$%0&9*%&L1.%D&*&?&"%DX&+"%&51&%)#&D.1"#P0#&#0<*5#&%.#0+#)#.#&!"514#(%)
4%.%S#5&*&/9?8*)#.#&81C%)1&(14$*5#"1J1&B#P*Q*&'?&'1X&?&)1/*&'&8%DX&)1Q&%LD1".*&%L
K.#L*'.#)#&-?9$%)P#(*&'#D*&(*'?&'D1.*&L#&%"4%P(?&%")%$1(?&9%$9?&4$%"*)&=.1"#0#X&*
4$*/(#)#.*&'?&"%&%")%$1(%X&#.*&'?&(#'"%5#.*&L#&"%&?P*(*&9%'#('0*&0$#J&!)%5*D&4%L#(*<*D#
?&-$*51)?&4%$?P*)#.*&'?&L#&*/91C#)#5?&'?0%91&'&=.1P#(*D#X&#.*X&#0%&*V&%)*&(#4#L(?X&(10#&'1
9$#(1&*&(10#&(1&L%/)%.1&L#&*D&'1&?P*(*&0#0)%&/.% 
B#L&'?&=.1P#(*&?&T1$1")*X&?&-$*51)?X&'0*(?.*&9%'#('0?&/#'"#)?&*&*'"#0.*&%(?&!)&=#$0#&*
0#L&51&9*.#&5#'(#&8*V%)#&"1S8#&L#&'1&"?&?P)$'"1X&$1+*%&'1&H%D#+&L#&*/)1L1&')%5?&4$)?
(#D1$?&*&L#&4$%"*)&=.1P#(#&0$1(1&)%5'0?&3$1D#&B$#5*(*&?4?"*%&51& 777&41+#0#&'
K.#L*'.#)%D&*&U)#(*+1DX&L%0&51&'#DX&'#&0%8*<%DX&P10#%&?&M%$*<*&3%/)#%&51&=.1P#(1&L#
%LD#V&(#4?'"1&T1$1")?X&4%+"%&51&"%&81C%)#&9#+"*(#&B#L&'?&%)*&)*L1.*&L#&'")#$&4%'"#51
%/9*J(#&(#4?'"*.*&'?&L%*'"#&-$*51)%X&#.*&'?&%'"#)*.*&"?&')%5?&/#'"#)?&*&,&)%5(*0#X&L#&0#%
N%$D#.(%&%91.1S1&')%5&4%'1L&"%C&D1'"#&B$#J1)*&J?L*&'0*(?.*&'?&"?&/#'"#)?&*&4$%"1$#.*
D.1"#P0?&4%'#L?&!"514#(&'1&(#.#/*%&?&9.*/*(*X&#.*&(*51&4$1L?/*D#%&#4'%.?"(%&(*+"#&U
0$#J&'1&4%"%D&4%)?0#%&?&;%'(?X&(1&4%P*8?Q*&?&"#5&D#V&(*+"#&)*+1&(*&4$%"*)&81C#&(*
4$%"*)&=.1P#(#&-?9$%)P#(*&'?&9*.*&)1%D#&/9?81(*&"*D&4%'"?40%D&*&(*'?&/(#.*&0#0%&L#&C#
%95#'(1&=*'.*.*&'?&P#0X&L#&51&4%&'$1L*&*&(10*&"#5(*&'4%$#/?D&1&=.1P#(*D#i&4%D*+J#.*&'?X
L#&'1&0$#J&(#J?"*%&+"%&D?&K.#L*'.#)&(*51&?'"?4*%&;.#C#5&*&(?L*.*&'?&'1X&L#&%(*&4%'$1L?5?&?
"%D&4*"#8?&[&'")#$*X&*/D1>?&'#)1/(*0#&4$%"*)&!"514#(#&91+1&L%+.%&L%&/#)#L1&*&4%"%D&L%
4#'*)(%'"*
=.1P#(*&'?X&4$*$%L(%X&9*.*&(1/#L%)%J(*&-%9$%&%9#)1+"1(*X&')#0#0%&*&4%"*<#(*&%L
!"514#(#X&%(*&'?&A&5?(#&%LC%)%$*.*&-?9$%)P#(*D#X&L#&'?&'1&'#L&?D1+#.*&?&%)#5&'4%$&4%
!"514#(%)%D&4%/*)?&*&(1&91/&4$*'"#(0#&K.#L*'.#)J1)#&EF&ÈÈ& 

&‚ 
a 
FG&`)#5&L$?C*&4%L#"#0&(1&*/C.1L#&)1$%)#"#(X&*#0%&'?&C#&=.1P#(*&4%(#)J#.*&L)#"$*
4?"#&;*Q1&L#&'1&"?&D*'.*&(#&D.#>1C&V1$<1C%)#&'*(#&K.#"0#&`(*&'?X&)1.1X&4%'1.*&<1.?
T1$1")#('0?&B$#5*(?&D*$(%X&#&*D#.*&9*&*&T1$1")?X&L#&*D&(*'?&'D1"#.*&-?9$%)P#(*&0%L
0$#J#&H%D#+#&*&0%L&K.#L*'.#)#&*&L#&*&'#D*&(*'?&4%'.#.*&')%51&%$?S#(1&.#>1
B$#J&H%D#+&'1&9$#(*%X&L#&51&(#4?'"*%&:?D&'&"%C#&+"%&'?&'1&?&;%'(*&9*.*&4%5#)*.*&H?$<*&*
+"%&D?&51&"$19#.%&L#&'1&(#>1&"#D%&B#L&'?&'1&%(*&)$#"*.*&%(&51&'*+#%&4%(%)%&?&:?DX&#.*&51&*
L#J1&%'"#%&4#'*)#(&4$1D1+"#5?Q*&'1&*/&M%$*<1&?&;.#"%&H#&4#'*)(%'"&(*51&9*.#&91/&0$?4(*V
$#/.%C#&;#(&31"#$&E351$0%G&H#.%)#<X&'"#$*&4$%"*)(*0&81C%)X&'4$1D#%&'1X&'#&C$%N%D
d1J'0*DX&L#&4%D%C(?&!"514#(?&*&(#4#L(?&31"$#&K%5'#.*Q#&-?9$%)P#(*&'?&P#0&")$L*.*X&L#&51
F & & F&31"#$&9*%&'?0$*)&+"%&'?&=.1P#(*&L%+.*&?&T1$1")?&!1D&"%C#X&4%'.1
*/D*$18#&L1'4%"#&c?$>#&'#&O#(0%D&:?8#L*51DX&L1'4%"?&51X&9#+&%)%C&.1"#X&9*%&)$#Q1(&C$#L
!$19$1(*0&U/D1>?&L1'4%"#&*&O#(0#&*D#.%&51&L%Q*&*&L%&?'01&$%L9*('01&)1/1&H%&')1X&0#%&*
%/9*J(#&L#J#&(#'"%5#8#&=.1P#(#&L#&'1&L%P14#5?&-$*51)#X&%4$1L1J*)#.#&'?&H%D#+#&L#&%'"#(1
?/L$S#(&[&"%.*0%&)*+1X&+"%&51&!"514#(&9*%&?4%$#(&?&%L9$#(*&*&)1+"&L#&')%5*D&)1/#D#
'")%$*&*&(#>1&4%D%Q*&(#&)*+1&'"$#(#&T%)<1D&*&%91Q#8*D#&%(&51&?'41%&L#&4%4$#)*&*&')%5
4%.%S#5&(#&3%$"*&*&L#&')1&"?$'01&(#$1L91&%&%L+"1"*&-?9$%)P#(*D#&%'"#(?&D#81)*+1
4$#/(1&$1P*&-?9$%)P#(*&'?&'1&'&"%C#&"$?L*.*&L#&%V$#9$1&0$#J#&3$10%&')%5*V&4%'.#(*0#
D%.*.*&'?&*&L1'4%"#&L#&4%D%C(1&H%D#+#X&4%+"%&51&*&%(&(1/#L%)%J#(&V1$<1C%DX&0%5*&51
F ‚ &  && F&=%.*.*&'?&*'"%&"#0%&*&:?8#L*5#X&0%D1&'?&4$1&"%C#&?&(#5<$8*D
9%5#D#&4$1"'"#)*.*&!"514#(%)&(#4#L#5X&L#&%L)$#"*&9#(#&31"$#&*&C$%N#&d1J'0%C&%L
(14$*5#"1J'")#&4$%"*)&K%5'#.*Q#X&F51$&')#&/.#&*&+"1"1&4%D1(?"%C&31"$#&K%5'#.*Q#&%9$(?Q1
'1&(#&(#+1&C.#)1F
&&&:?8#L*&'1&L%*'"#&/#?/1%&/#&8*V&3*'#%&51&*&=.1"#P0%5&Y14?9.*<*X&L#&*/&V$*+Q#('0*V
%9/*$#&(1&4%D#S1&(14$*5#"1J#&L?9$%)#P0%CX&0%5*&51&*/&$1L#&(1)1$(*0#&`4%D1(?%&51&*&C$%N#
d1J'0%C&*&9#(#&31"$#X&#&4*'#%&51&*&'#D%D&0$#J?&H%D#+?&-?9$%)P#(*&'?X&'1D&"%C#X&$#L*.*&*
?&Y*D?&4$%"*)&!"514#(#X&0%5*&91+1&4%0?+#%&L#&*&"#D%&?V)#"*&)1/1&*&L#&'1&%95#'(*&U/(1.*&'?
')%5&'.?P#5&*&D.#L%D&0$#J?&b#L*'.#)?X&R.9$1V"%)%D&'*(?X&S1.1Q*&L#&*&4$10%&81C#&?"*P?&(#


 

 @A
')1&(14$*5#"1J1&!"514#(%)1&R.*&"%&')1&(*51&D(%C%&4%D%C.%&L#&'1&*/D1(*&<1%&4%.%S#5&?
8*V%)?&0%$*'"&B$#J&H%D#+&51&%'"#%&*&L#J1&4#'*)#(i&L1'4%"&'1&(*51&0$1"#%i&#&D(%C*&%L
(14$*5#"1J#&!"514#(%)*V&D#.#0'#)#V?&!"514#(%)*&4$*5#"1J*&(*'?&'1X&D1>?"*DX&0%.19#.*
3%$1L&')*V&L?9$%)#P0*V&4%0?+#5#&L#&%L)$#"1&%L&81C#&0$#J#&R.N%(/#X&"%&*D&(*0#0%&(*51
4%+.%&/#&$?0%D&T#4$%"*)i&%(&51&7&(%)1D9$#&%9#)1'"*%&')%51&%$C#(1&?&R4?.*5*X&L#&!"514#(?
L%/)%.1&'.%9%L(?&0?4%)*(?&S*)%"(*V&(#D*$(*<#&91/&<#$*(1X&?&)$1L(%'"*&L%&777&L?0#"#X
0#L&C%L&'1&%)#5&9?L1&(#.#/*%&?&T%)%D&H%&51&/(#"(%&4%5#P#)#.%&D%C?Q(%'"&!"514#(%)#&%"4%$#X
4%+"%&D?&51&%.#0+#)#.%&'(#9L1)#81&S*"%DX&'%J?&*&L$?C*D&4%"$19#D#&`LD#V&4%"%DX&
(%)1D9$#X&%(&51&4$14%$?P*)#%&!"514#(#&*&<#$?&o$*L$*V?&III&*&:?8#L*5?&*'"*P?Q*&81C%)?
F)$.*(?&*&.14%"?&L?V#&*&"1.#F
\#&-?9$%)(*0&51&4%'"#.%&(#5"1S1X&0#L&'1&4%P1%&0%.19#"*&*&'#D&K.#L*'.#)&!)#&S1('0#&P1J#L
V1$<1C%)1&0?Q1&*&L?9$%)#P0#&C%'4%L#&9*.#&'?&4$%"*)(#&81C%)?&*/D*$18?&'&%<1D&*
%4%D*8#.#&'?&C#&(#&')1&(#P*(1&3%$?P*)#.#&'?&D?&P#0&0#0%&9*&D%C#%&9*"*&%'.14J1(
Y#/)*5#.*&'?&5%+&*&J?9%D%$?&4$1D#&81C%)%D&D.#>1D&9$#"?&K.#"0?X&0%5*&51&<1.%&)$1D1&L$S#%
'#&%<1D&!&K.#L*'.#)%D&/#51L(%&4%0%.19#%&'1&*&)%5)%L#&U)#(*+&K.#"0%)*QX&0%5*&51&?+#%&?
4$1C%)%$1&'&=.1P#(*D#&*&4%L&8*V%)*D&?"*<#51D&4%'"#%&4%4?'"J*)*5* &H%&51&')#0#0%
9*.#&'&51L(1&'"$#(1&4%'.1L*<#&?D%$#&4%'.1&(#4%$#X&0%5*&(*51&L%(1%&%(%&+"%&'1&S1.1.%X&#
/#"*D&*&4%'.1L*<#&L$S#8#&0$#J#&H%D#+#&`)#5&51&9*%&S1J#(&D*$#
!4%$#/?D&*&%9(%)#&4$*5#"1J'")#&*/D1>?&!$9*51&*&[C#$'01&*'4#.*&'?&$1.#"*)(%&(#&81C%)?
+"1"?i&:?8#L*X&81C%)&'"#$*&/#+"*"(*0X&(*51&D%C#%&L#&D?&?+"1L*&)$#Q#81&!$19$1(*<1&*&'
"*D&?&)1/*&C?9*"#0&4$1'"*S#&[&'?0%9?&'#&!"514#(%D&C.#)(*&'?'1L*X&D#>#$'0*&D#C(#"*X&(*'?
(1&'#D%&V"1.*&L#&D?&4%D%C(?X&(1C%&'?&4%0#/*)#.*&'*D4#"*51&/#&4$%"*)(*0#&3%'.1&')1C#&"%C#
H%D#+&51&(#.#/*%&/#&D?L$%X&L#&'1&4$*9.*S*&=.1P#(*D#&*&4$*D*&8*V%)1&4%(?L1X&L#*D&4$%L#
*.*&/#&L$?C?&(10?&(#0(#L?&?'"?4*&B$#5*(?&*&T1$1")?&B$#51D&L1<1D9$#&81C%)*&'?&4%'.#(*<*
)1Q&4%P1.*&?&=.1<*D#&4$1C%)%$1&?&"%D&'D*'.?


:1$<1C&51&/#&"%&)$1D1&L%9*%&4%D%Q&%L&H?$#0#X&777&J?L*X&4#&51&(#4#%&K.#L*'.#)J1)&C$#L
T%)*&0%L&M%$*<1&H%&51X&(#5/#LX&%4$1L1.*.%&K.#L*'.#)#&L#&4%0?+#&'4%$#/?D&'#&%<1D&;%$91
(#&81C%)%D&4%L$?P5?&"$#5#.1&'?&L%&'$1L*(1&N19$?#$#& 2A&*&*'<$4.1&'?&D?&J?L1
3%'.1&"%C#&*&-?9$%)(*0?&(*51&%'"#5#.%&L$?C%X&(1C%&L#&4%/%)1&V1$<1C#&(#&4$1C%)%$1&%&D*$?
`)#5&51&%LC%)%$*%X&L#&51&(#P1.(%&)%J#(X&#.*&L#&4$1C%)#$#P*&"$19#&L#&L%>?&?&:?DX&4%+"%&/9%C
'"#$%'"*&*&%+"$1&/*D1&%(&(1&D%S1&L#&5#+1&"#0%&L#.10%&3%P1"0%D&D#$"#& 2A&C%L&%"*+.*&'?
?&T%)*&4%'.#(*<*&K.#L*'.#)J1)*&*&L?9$%)#P0*&*&.#'"%)'0*&9*'0?4&0#%&4#4*(&.1C#"
3$1C%)%$*&/#&D*$&%"1/#.*&'?&'1&L?C%&/9%C&?/#5#D(%C&(14%)1$18#&-?9$%)P#(*X&0%5*&'?&'1
9%5#.*&L#&'1&(1&'0.%4*&?C%)%$&0%5*&8*D#&(1&9*&L%(1%&(*0#0)1&0%$*'"*X&(*'?&*D#.*&(*0#0)#
$#P?(#&L#&4%D#S?&'")#$&`(*&'?X&(4$X&?"*<#.*&(#&K.#L*'.#)#X&L#&(1&L#&4$#"8?&V1$<1C%)%D
4%'.#('")?X&0%51&51&*D#.%&*Q*&9#(?&31"$?X&*/&'"$#V#&L#&"%&4%'.#('")%&(1&%L1&*&(#&D#>#$'0*
L)%$&*&(1&*/(1'1&+"%C%L&4$%"*)&8*V&T#$%P*"%&'?&'1&9%5#.*&V1$<1C%)1&)1/1&'#&C$%N%D
[.$*V%D&d1J'0*D&!1D&"%C#X&8*V%)*&/#V"1)*&?&4%C.1L?&%L+"1"1&(*'?&'")#$#.*&4%C%L(?
%'(%)?&(#&0%5%5&'1&D%C.%&L#J1&$#L*"*&R&V1$<1C?&'1&(*51&D(%C%&S?$*.%&!&"?$'0*D&P1"#D#X
0%51&'?&'1&5%+&/#L$S#)#.1&?&:?D?X&%(&'1&%'1Q#%&'*C?$(*5*&`(1&'?&?51L(%&$#/9*5#.1&')#0?
*.?/*5?&%&"%DX&L#&Q1&H?$<*&S$")%)#"*&!"514#(#&/#&$#P?(&-?9$%)(*0#&!)*&4%0?+#5*&*
L1'4%"%)*X&*&0$#J#&H%D#+#X&*&'#D%C&K.#L*'.#)#X&L#&'1&3%$"#&'")#$(%&%0$1(1&4$%"*)
!"514#(#&%'"#.*&'?&91/&4$#)%C&?'41V#&:1$<1C&'1&/(#%&4$*0#/#"*&0#%&4$#)*&"?$'0*&P%)10&*
4$*5#"1JX&L%0&'?&')*&L$?C*&)#S*.*&0#%&)#/#.*&*.*&%L#(*&J?L*&D#>#$'01&0$?(1
3$1C%)%$*&'?&'1&$#/).#P*.*&)*+1&D1'1<*&K*L1Q*&L#&'1&9%'#('0*&0$#J&(1&D*P1X&L#&51&L1'4%"
/#?/1"&L$?C*D&9$*C#D#&*&L#&'?&81C%)*&'#)1/(*<*&)1Q&D#.#0'#.*X&-?9$%)P#(*&'?&')1&)*+1
'#D*&?.#/*.*&?&'")#$&M.#)(*&4$1C%)#$#P&4%'"#%&51&8*V%)&).#'"1.*(&R(L$*5#&;%9#J1)*Q&[
-?9$%)(*0?&'1&)*+1&(*51&0$*.%X&L#&51&4%.%S#5&K.#L*'.#)J1)&F'.#9F&E GX&L#&D?&51&/1DJ#
*/C.#L(1.#&*&$#'?"#X&*&L#&Q1&(#'"#"*&4%"4?(%&$#'"$%5'")%&#0%&$#"&L#J1&?'"$#51 &T#&0$#5?
0$#51)#X&&5?.#& 2AX&/#0J?P1(&51&D*$&(#&4.#(*(*&3*+P?X&?&3*)*X&%(#0%&0#0%&51&V"1%&V1$<1C


 

 @
!"514#(X&F`L¯&'¯)$¯+1(#&*&L%9$%)%.(#&'$¯L¯<#F&%(&51&%4$%'"*%&F)'?&'¯C$V?&*&'?4$%"*)ã*(?
)1.*0?&*&D#.?F&S1(*&O1.1(*&*&'*(?&K.#L*'.#)?&*&')*D#&%LD1"(*<*D#&$1L%DX&%91Q#)#5?Q*&*D
L#&*V&(1Q1&C%(*"*&(*&*(#P1&*D&'1&')1"*"*&3%+"%&'1&K.#L*'.#)&4%0%$*%&%<?X&%)#5&C#&51
4$*D*%&?&D*.%'"X&*&P#0&%91Q#%&81D?&*&K.#"0?X&FL#&*D¯&V%Q?&/#&D%¨C#&S*)%"#&$#'4$#)*"*&*
$#/$1L*"*&4$#)%¨&(#&4%.*&C%'4%<")¨&D%51X&).#'"1.*X&'.?C1X&0%D%$?X&C$#L%)1X&)'#01&)$¯'"1
.ÛL*X&<#$*(1X&4$*V%L*ã#F &`)#5&D*$&(*51&%9?V)#"*%&(*&-?9$%)P#(1X&(*&0$#J#&H%D#+#X
(*&L1'4%"#X&0#0%&51&/#&4$)1&4$1L)*>#%&K.#L*'.#)J1)&?C%)%$&%&'#)1/?&-?9$%)(*0&51&/9%C&"%C#
4$%"1'"%)#%&0%L&')%5*V&'#)1/(*0#&*&4%0?+#)#%&*V&(#C%)%$*"*X&L#&V1$<1C?&(1&4$1L#5?&')%51
C$#L%)1&K.#L*'.#)&*&U)#(*+&9#$&L%0&'1&(1&*/D*$*&*&'#&8*D&\#&;.#C#5&51&4$1L.#C#(%&L#&C#
4$1L#5?&9%'#('0%D&0$#J?&*.*&=#>#$*D#&H%&(%)%&'4.1"0#$181&D%C.%&*D&'1&J?"%&%')1"*"*X&L#
)1Q&*&!"514#(&(*51&9*%&S1J#(&D*$#&*&L#&(*51&4%P1%&51L(?&)$'"?&4$1C%)%$#&;%'#('0*&0$#J
%'"#%&51&*&L#J1&4#'*)#(X&#&%L&9*)+*V&'#)1/(*0#&51L*(%&51&U)#(*+&K.#"0%)*Q&4%0#/*)#%
'0.%(%'"*&L#&4$*V)#"*&L?9$%)#P01&'?C1'"*51&K.#L*'.#)&'1&9*%&'#')*D&'%.*L#$*'#%&'&%<1DX
+"%&51&-?9$%)P#(1&(1%9*P(%&J?"*.%&]1C%)#&D#50#&O1.1(#X&0%5#&'1&%'1Q#.#&(#5)*+1&?)$1>1(#X
?D$.#&51&"1&C%L*(1&4%P1"0%D&%0"%9$#X&'#&(14$1S#J1(%D&$#(%D&?&'$<?
;%'#('0*&0$#J&51&D%C#%&*D#"*&0$?4(*5*V&$#/.%C#&L#&'1&(1&/#4.*Q1&?&%)#5&.%0#.(*&$#"X&'*"#(&*
'19*P#(&4%&D%"*)*D#&*&'$1L'")*D#&0%51&'?&*'4%J#)#.1&%91&'"$#(1&;#.0#(&51&4$1S*)J#)#%
'?L9%(%'(1&L#(1&B$#51D&D#5#& 2A&?+.*&'?&H?$<*X&4%'.1&0$)#)1&9%$91X&?&d#$*C$#L&*&4%9%.*
')%5&4%91L(*P0*&9#$5#0&(#&%9#.#D#&;%'N%$#&[&)$1D1&0#L&51&)$+1(&"#5&(#4#L&(#.#/*.*&'?&'1
0%L&'?."#(#&9%'#('0*&4%'.#(*<*&*&%(*&'?&L%(1.*&%"?L&4$)1&*/)1+"#51&H?$'0#&4$1D%Q&(#
;#.0#(?&9*.#&51&"*D&L1N*(*"*)(%&*&(#&(#5)*L(*5*&(#P*(&?")$>1(#&T*51&9*.%&"1+0%
4$1L)*L1"*X&L#&Q1&4%'.1&4%0%$#)#8#&;?C#$'01&*&K*/#("*51X&"5&*'"%P(%C&L1.#&;#.0#('0%C
3%.?%'"$)#X&L%Q*&(#&$1L&*&/#4#L(*&L1%X&!$9*5#&*&;%'(#&!$9*5#&51&*&%(#0%&51L)#&S*)%"#$*.#X
')1L1(#&'0%$%&(#&51L(?&41"*(?&'"#$1&<#$1)*(1*.*&(#&4%.%)*(?&L$S#)1&!"1)#(#&b#/#$1)*Q#
!"#$*&L1'4%"&9*%&51&%$%(?%&*&'#&81C%)%D&'D$Q?&L%.#/*.#&51&*&#C%(*5#&!$9*51&B$#J&H%D#+&51
)*L1%&'*"?#<*5?&*&4%0?+#%&51&L#&'1&(#&(10*&(#P*(&'4$1D*&*&L#&4%5#P#&%"4%$(?&'(#C?&;%'(1
R.*&?&*'"%&)$1D1&?4?"*%&51&*&')%51&4%'.#('")%&'?."#(?X&L#&D?&'1&4$14%$?P*
U&'#D&V1$<1C&!"514#(&%'1"*%&51&4%"$19?X&L#&'1&4$*9.*S*&(%)%D&D#>#$'0%D&0$#J?X&D.#L%D
b#L*'.#)?&[&.1"%& 2A&51L(%&81C%)%&4%'.#('")%&*+.%&51&(#&D#>#$'0*&L)%$&*&9*.%&"#D%&.14%
4$*DJ1(%&!&8*D&51&L%+#%&(#"$#CX&?&:1$<1C%)*(?X&*&51L#(&P%)10&C$%N#&d1J'0%CX&0%5*&51X
)1$%)#"(%X&9*%&C.#)(*&4%'$1L(*0&`(&51X&4%&'#)1"?&'&L)%$#X&'#)1"%)#%&!"514#(?&L#&L%)$+*
$#'4$?&'#&Y14?9.*0%D&Y#'4%.%S181&/#&D*$&4%5#P#.#&51&*&)1.*0#&C.#LX&0%5#&51&(#'"#.#&?
/*D?& 2A X&?'.1L&(1$%L(1&C%L*(1&M.#L#(&(#$%L&91+1&(#C$(?%&?&-?9$%)(*0&L#&"$#S*
*'V$#(1&*&/#$#L1&?&"%.*0%D&9$%5?X&L#&51&Y14?9.*0#&D%$#.#&4$1L?/*D#"*&4%'19(1&D1$1&$#L*
/#+"*"1&!1D&"%C#X&Y14?9.*0#&51&)*L1.#&L#&(*&=#>#$'0#&(*"*&*0%&L$?C*&*D#&D(%C%
$#P?(#&L#&'1&'?)*+1&/#.%S*&/#&8*V&?&"%&D?"(%&L%9#X&0#L&51&"$19#.%&%")%$*"*&%P*&/9%C
0$?4(*5*V&'")#$*&3%'.1&'?&P?.*X&L#&51&*&0$#J&H%D#+&0$#51D& 2A&4$1C%)#$#%&%&D*$?&'
V1$<1C%D&`L(%'*&'1X&/9%C&')1C#&"%C#X&91V?&4%4$#)*.*&"%.*0%X&L#&51&&N19$?#$#& 2 &9*.%
$1+1(%X&L#&'1&V1$<1C&')1P#(%&L%P10#X&#0%&L%>1&?&-$#P1)*<?&B$#51D&D#$"#&)1Q&'?
$1L*C%)#(1&*&*'4$#)J#(1&D*$%)(1&4%)1J1&3%'.1&L?C*V&4$1C%)%$#&*&<1(0#8#&L%+.%&51X
(#54%'.1X&7&#4$*.#& 2 &L%&D*$#&*/D1>?&-?9$%)(*0#&*&V1$<1C#&[&D*$%)(%5&4%)1J*
!"514#(%)%5&0#S1&'1&*/$1P(%X&0#0%&%L&8*V%)1&9%$91&F(*1L(#&0%$*'"¯&(*1&(*&1L(%*&'"$#(&(*
L$?C%*X&4#P1&ã1"#&*&D#(+*(#F&!&"%C#&'?X&L#&L%>1&L%&D*$#X&?/#5#D(%&4$19*51(1&')1&+"1"1&*
4%C*9*51X&#&4%)$#"*.%&'1&'"#81&%L&4$1&$#"#&[&'.?P#5?&(%)*V&(1'4%$#/?D#&L%&(14$*5#"1J'")#
(1&9*&L%+.%&L%0&(1&4$%>1&"$*&D1'1<#X&L#&9*&-?9$%)P#(*&D%C.*&(#&)$1D1&*/)?Q*&*/
!"514#(%)1&L$S#)1&')%51&J?L1&*&$%9?&H%&Q1&)$1L1"*&*&?&'.?P#5?&L#&V1$<1C&L%9*51&%L&'?."#(#
(#$1L9?&/#&(#4#L#5&(#&-?9$%)(*0&:1$<1C&*&81C%)*&J?L*&/#0.1.*&'?&'1&"%D&4$*.*0%D
Y14?9.*<*&F(#&')1"%D¯&1)#(Q1.¯Û&9%S*1D¯&*&(#&P#'(%D¯&*&S*)%")%$1ã1D¯&0$¯'"?
C%'4%Q(?F&H%&51&L%0#/&)*+1&4$%"*)&%(*V&0%5*&")$L1&L#&51&V1$<1C&?&%)%&)$1D1&9*%&9%C?D*.&R
5%+&5#P*&L%0#/&51&81C%)#&/#L?S9*(#&!)&c%$>#X&4%L*C(?"#&%)1&*'"1X& 2 X&C%L*(1&9.*/?
L#(#+81C&M%$#SL#&*&%P?)#(#X&?&<1.*(*X&')1&L%&(#+*V&L#(# 


 

 @2
Y14?9.*0#&51&9*.#&)$.%&/#L%)%J(#&+"%&51&L%+.%&L%&D*$#&*&+"%&51&D%C.#&'4%0%5(*51&L#V(?"*
L?+%D&B#L&51&'"*C#%&V1$<1C%)&P%)10&K?0*Q&'#&)1+Q?&L#&51&D*$&')$+1(#&'")#$X&L%9*%&51
(#$%P*"?&(#C$#L?&/#&D?+"?.?0&M.#)(*&4$1C%)#$#P&V1$<1C%)X&Y#L*(&M%'"X&0%C#&'?&4%0?+#)#.*
4%LD*"*"*X&L%9*%&51&77&41$41$#&*&41P?&"#D(%&'D1>1&')*"1X&#&4%'.#(*<*&K?0*Q&*&3%0$#5#<&4%
27&41$41$#&*&4%&41P?&D#("%)#('01&*.*&)1$%(1+01&')*"1&:1$<1C%)%D&'*(?&K.#L*'.#)?X&L#&C#
%L$S1&?&L%9$%5&)%J*X&4%0.%81(%&51&A777&41$41$#

3%'.1&V1$<1C%)#&*/D*$18#&'#&'*(%D&=.1P#(*&'?&D?&4%)$#"*.*&T1$1")#('0?&B$#5*(?X&#.*&'?
/#"%&4%'1.*&C.#)(1&C$#L%)1&?D$.%C&9#(#&31"$#&H#.%)<#X&L#&*V&"%9%S1&'#P?)#5?&/#&81C%)?&L1<?
0#L&4%'"#(?&4?(%.1"(#&!)%D&'#)1/(*0?&)%5)%L*&U)#(*+?&K.#"0%)*Q?X&0%D1&51&L#)#.#&,77
41$41$#&C%L*+81&F4$%)*S*?(#F&*&4%'.1&%)%C&D*$#X&-?9$%)#P0#&Y14?9.*0#&51&5%+& &5#(?#$#
 2 &/#0J?P*.#X&L#&(#$%P*"%&/#V)#.*&/9%C&81C%)#&FL%9$%C&L$S#8#F&4$1D#&8*D# 
K%5)%L#&31"#$&*&9$#"&D?&0(1/&T*0%.#&3#).%)*QX&'1'"$*Q*&V1$<1C%)*X&4%")$L*.*&'?&2&5?.#
 2 &?&;%$P?&')1&$#(*51&4%).#'"*<1&')%5*V&4$1L#0#&-?9$%)P#(*D#X&#&D1>?&8*D#&*/$1P(%&*
?'"?4#81&8*V%)#&'"#$%C&L1.#&B%(#)J1&'#&!%0%.%DX&K*"#J*(%D&*&d#)"#"%D&FT#+*
D(%C%4%P"1(*&'"$%*(*<*&C%'4%L*(¯&C%'"¯&Y#L%'#)¯&;$#L*1)*0¯&*&C%'4%L*(¯&'"#$#<¯
Y#L%'#)¯&?(?0¯&$10%+1&4%&')%D¯&$1L?&$*PÛX&0#0%&V%"1&9*"*&L%9$*&*&4%P"1(*&'"1S(*<*&D1?
(#D*&1L(%*&'"$#(*&*&L$?C%*F &B#L&'1&?&5?(?&*L?Q1&C%L*(1&S1(*%&)%5)%L#&31"#$X
-?9$%)P#(*&'?&D?X&0#%&?C.1L(%D&4$*5#"1J?X&4%'.#.*&4%'19(%&4%'.#('")%&*&4%0.%(
H$#S1Q*&+"%&5#P#&?4%$*+"#&/9%C&(#4$1L%)#8#&H?$#0#&!"514#(&'1&?&51'1(& 2A&*&?&4$%.1Q1
 2 &%9$#"*%&')%D&'"#$%D&4$*5#"1J?&0$#J?&R.N%(/?&!$1L*(%D&#4$*.#&%"*+#%&51
K.#L*'.#)&:1$<1C%)*Q&(#&51L(%5&L?9$%)#P0%5&C#.*5*&?&b%$1"%X&CL1&51&9*%&)$.%&.14%&L%P10#(
B$#J&R.N%(/&51&V1$<1C?X&&5?(#& 2 X&?&*D1&')%51&*&')%C#&'*(#&o1$L*(#(L#X&4%")$L*%&')1
4%'1L1X&%91Q#%&/#+"*"?&*&4%D%Q&*&4$*D*%&C#&/#&')%C&)#/#.#&EFÈ& &
 && 


& 
&&‚ 
&
 
&& 
FGX&*#0%&51&/(#%&L#&!"514#(&%'"#51&*&?&')%5%5&%9#)1/*&4$1D#
H?$<*D#&-#&51&%)#5&%/9*J(%&/#/*$#%&%L&H?$#0#&)*L*&'1&(#59%J1&4%&"%DX&+"%&51&*(#P1&9*%
)%J#(&4.#Q#"*&C%L*+81&R.N%(/?&4%&2777&L?0#"#X&#0%&C#&%)#5&%'.%9%L*&%L&'.?S91&*&L#(#0#
H?$<*D#&*&%L&L$?C1&C%'4%L1&F0%5#&S1.1&L#&).#L#5?&(#D#&*&L#&(#'&4%L).#'"1F&\#&?0#/#(?&4%D%Q
!"514#(&Q1&0$#J?X&4$1D#&4%"$19*X&'.#"*&?(#4$1L&%L$1>1(#&(%)P#(#&'$1L'")#&[&51'1(&"1
C%L*(1&R.N%(/&D?&51X&4%&S1J*X&?4?"*%&(10%.*0%&N$#81)#<#X&L#&L1.?5?&D1>?&V1$<1C%)*D
0#"%.*P0*D&4%L#(*<*D#&T#&8*V%)%D&P1.?&(#.#/*%&'1&?P1(*&O%)#(&L1&!#.*(*'&#?$1*'X
%'#('0*&9*'0?4 

 
&!4&LX&2,


&O%$C#X&IIX& A
 
&q &^^aIIX&6@


&¼ ÜyX&q X&A@7


&O%$C#&IIX& A2


&O%$C#&IIX& ,6&B$#J&R.N%(/&%P10*)#%&X&4$1D#&4%$?<*&!01(L1$91C%)%5&*/&R.9#(*51X&L#
Q&!"514#(&"%C&.1"#&(#4#'"*&=.1P#(1&!&„ 
X&„À 
&& šÀ &  &&z 
r
X&AX&6&R0%&51&"#&)1'"&9*.#&4%?/L#(#&%(L#&9*&!"514#(#&'4$1P*.*&%)*&)#S(*5*
L%C#>#5*


&!$&t&O*$*P10X&U'"%$*5#&!$9#&IIX&2&3%&'$4'0*DX&"#5&'?&4%$#/&;%'#(#<#&/#91.1S*.*&*
).#+0*&.1"%4*'*&FY#/9*&®¨D#&0$#.&®¨D#+#&9#(0#C%F&O&lX&~
 &  &my 
l 
 &7X&62&†&h&!"%5#(%)*Q#X&!"#$*&'$4'0*&$%L%'.%)*&*&.1"%4*'*&;1%C$#L!$
B#$.%)<*X&6X&A2,


&h&!"%5#(%)*QX&!"#$1&'$4'01&4%)1J1&*&4*'D#&IIX&,A 


&O%$C#&IIX& ,


 

 @,


&B%L&O*$1P10#X&U'"%$*5#&!$9#&IIX&2AX&(1"#P(%X&L#&51&o$*L$*V&4%")$L*%&!"514#(?&4%'1L1
F0#%&+"%&'?&0$#J1)*&!*C*'D?(L&*&R.9$1V"&4%")$L*.*&4%'1L&81C%)?&'"$*<?&!#(L#J?F
!#(L#J&/#&R.9$1V"%)1&).#L1&(*51&9*%&?%4+"1&S*)


&¼ ÜyX&q X& ,2&[&4%)1J*&'"%5*&7&5#(?#$X&#&%(&(#&'"$&2A&%D#+0%D&'"#)J#
7&5?(*&!$&5%+&R&U)*Q#X&b1"%4*'X&08&A7X&72&;1/&)$1L(%'"*&51&'"?L*5#&;&3%4#$*Q#X
 y &
&q&q &@@&†&¼&R&;$#"*QX&\%$#&IIIX&@@X&@ 



&Ä&4%'1L*D#&V1$<1C%)*D&4%'"%51&"$*&4%)1J1X&L)1&4%")$>1(1&%L&0$#J#&R.N%(/#&*/& &*
 2 &C%L&*&51L(#&o$*L$*V%)#&*/& @&`&V*'"%$*'0%5&C1%C$#N*5*&:1$<1C%)*(1&"%C#&)$1D1(#
$#'4$#)J#%&51&=&-*(*Q&?&M.#'?&†~^^^IIX& 7


&O%$C#&IIX& A
 
&„& &
 &^^^aIX&6 @
 
&B#0%&&"#5&4%$#/&L1.%)#%&(#&D#>#$'01&4$*5#"1J1&*&V$*+Q#('01&0$?C%)1&L%)%J(%&X
D*D%&L$?C1X&4%D1(?"*&'#D%&4*'D%&f(15#&!*.9*5#&%L&2&(%)1D9$#& @&?4?Q1(%&4#4*
3%D*8?Q*&'"$#V%)*"?&4%C*9*5?&%(&'&9%.%D&?/)*0?51i&F`")%$1(#&'?&%C$%D(#&)$#"#&/.#&(#&(#'F
s&a X&x &l ‚&
&m
F&q  
X&AA
 
&~
 &I^X&A77
 
&Î  X& 
 &
  X&6@
 
&~
 &I^X&A7
 
&O%$C#&IIX& A 
 
&¼  X& & & 
yè&^X& A 
 
&O&Y#L%(*QX&\#4#L(#&p)%4#X&,A


&¼  &^X& 2,
 
&O%$C#&IIX& A2
 
&I X&†&„&-*(*QX&M%L*+8*<#&^~aIIX&A2,
 
&m&l
X&7
 
&O%$C#&IIX& A@
 
&I X& A@
 
&I X& A@&H#.%<*X&q X&A@A
 
&Y#P0*X&'4&LX& ,6
 
H#.%<*X&q X&A@A
 
&~
 &I^X&A2,6


&q X&A@2
 
&!$&=#$*(1'0#X&'4&LX& @
 
&-?9$&L$S&#$V*)X&~†&^IIX&‚&@,&*&L

&~
 &I^X&A7 X&AX&A&!$&!"&!"#(%51)*Q#X&U/&(#+1&4$%+.%'"*&;1%C$#L&A X&22,7

&O%$C#&IIX& A,@

&x  & X& 62@

&m&l
X&

&O%$C#&IIX& 


 

 @6

&†&&81D?&D%5&P.#(#0&?&M%L*+8*<*&^~aIIIX&A
 
&O%$C#X& 2&Ä&%)%D&$#"?&-?9$%)(*0#&'&V1$<1C%D&)&D#.%&/#'"#$1.?&#.*&5%+&?)10&L%9$?
$#'4$#)?&h&O%)#(%)*Q#X&M%L*+8*<#&:X&@@@X&@6&*&L


&O%$C#&IIX& 2
 
&x  & X& @@27A
 
&~
 &I^X&A66@

&x  & X&2

&x  & X&27A2

&O%$C#&IIX& ,

&¼  X&a &X& 7@

&O%$C#&IIX& ,

&~
 &I^X&2@7i&&A 2
 
&I X&A,6


&I X& 7 2
 
&O%$C#&IIX& ,
 
&x  X& X&272

&Fm & & & ç& &È &
 ç&& &
 &
&l

& & &&½ F


I X&276

&O%$C#&IIX& @

&O%$C#&IIX& 2

&I X& 2 

&†&"10'"%)1&&"%DX&&D#.*D&$#'4$#)#D#X&U&Y)#$<#X&v&aX&6@@,X&*&U&3#).%)*Q#X
M.#'(*0&!$4&[P1(%C&-$?+")#&~IX&72

&h&!"%5#(%)*QX&!"#$1&'$4'01&4%)1J1&*&4*'D#&IIX& 6
 
&~  &†  &
  &
  
&p&p&x ÜX&IIX&@26


&Y#/)%5&%)*V&4$*P#8#&'&(1+"%&'#%4+"18#&*/&(#$%L(*V&41'#D#&*/(1%&51&O&Y#L%(*Q&?
€   &a&w ˆ&l &7@X& 7, &!$&D%51&!$4&(#$&4$*4%)*51"01&T%)*&!#L&7X&6
 
&x  & X&27
 
&O%$C#&IIX& 2A,

&I X& 2,

&I X& 2

&h&!"%5#(%)*QX&'4&LX&@

&O%$C#&IIX& ,

&~
 &I^X& Ai&e#N#$*0X& 

&K&D%5&=%'"#$&*&81C%)#&40#&4$#)%'.#)(#&%4+"*(#&;1%C$#L&AAX&7&„&-*(*QX
M.#'&†~^^^IIX&A
 
&!$&R&U)*Q#X&;$#(0%)%&0%.%X&7 X&, 2,


&O%$C#&IIX& ,2,


 

 @@
 
&e#N#$*0X& 2
 
&O%$C#&IIX& ,6

&I X& ,67

&~
 &I^X& A&†&O&Y#L%(*Q#X&\#4#L(#&f)$%4#X&6@

&x  & X&22

&x  & X&2 7

&I X&26&O&Y#L%(*QX&-?9$%)#P0#&#0"#&IX&2 A

&¼ ÜyX&q X&A@
 
&O%$C#&IIX& 6 


&~
 &I^X& 2,&B$#J&H%D#+&&6&5#(?#$#& 2A&%9(%)*%&-?9$%)#P0?&'.%9%L?&"$C%)#8#&?
')%5%5/1DJ*&F*/*D#*?Q1&0?Q?&3#'0#&!"*4#+*(%)*Q#&*&b#"*(*P*Q#F&R&K?P1"*QX
!4%D1(*<*&L?9$%)#P0*&-?9$%)(*0&76X&Ia
 
&O%$C#&IIX& @,i&x  & X&2@AA
 
&!"%5#(%)*QX&!"#$1&'$4'01&4%)1J1&IIX&,,6&W&H$?V1.0#&D*'.*X&L#&51&K.#L*'.#)&4$10%
U'#91C#&"$#S*%&4%'$1L%)#81&/#&D*$&¼


 &
  X&2

&O%$C#&IIX& ,&†&w&H#L*Q#X&r & X& 

&v&IX&2

&x  & X&2A @&O&Y#L%(*QX&-?9$%)#P0#&#0"#&IX&2 2@

&-?9$&L$S&#$V*)X&†
&v& 2 X&‚&&-#"?D&/#0J?P0#&II& 2 

&I X&‚&7X&6@

&h&!"%5#(%)*QX&'4&LX&62&T1"#P#(&4$*0#/&0%L&H$?V1.01X&¼


 &
  X
2
 
&†&&8%5&»&¼  X&p & &I
 ‚&
& y
&q&…

&„  


IIIX&@2X&?&0%(#P(%D&%9.*0?X&'&4%C$1+(%D&4%'"#)0%D&*&(1"#P(*D&/#0J?P0%DX&*&U&Y?)#$<#X
M.#'&^aIX&@@&!$&5%+&O&\1P1)*Q#X&;%'#('0#&K*.#&@@X& &*&L


&-?9$&L$S&#$V*)X&†
&vX&‚&226
 
&-?9$&L$S&#$V*)X&†
&vX&‚&@&`&F4$%)*S*?(?F&U)#(*+1)?&&„&-*(*Q#X&M.#'
†~^aIIIX&2&*&L
 
&h&!"%5#(%)*QX&'4&L&IIX& @2
 
&¼ ÜyX&q X&A  7


 

 @


 $!
!*.(*&'?."#(&=1VD1L&II&`')#5#P&(*51&L#%&L?C%&P10#"*&(#&')%51&(%)1&)%5(*P01&4%L)*C1&K1Q
C%L*(?&L#(#&*/#&%')#5#8#&d#$*C$#L#&%(&'1&9*%&0$1(?%&4$%"*)&!$9*51&*&/#L#%&5%5&D(%C%&5#L#
`)%C#&4?"#&D#>#$'0#&)%5'0#&'"*C.#&51&(#&)$1D1&*&4%P1"0%D&51'1(*&*/(1(#L*.#&51&*&'.%D*.#
/#4%)1L(*0#&"?$'01&)%5'01&o1$*/91C#&:?8#L*X&0%5*&51&.*P(%&)%L*%&D#>#$'0?&)%5'0?X
4$%'.#)*&'1&(#$%P*"%&/9%C&"1&4%91L1&R.*&4%$1L&'.#)1&%(&51X&/9%C&"1&4%91L1X&L%9*%&*&4%5#P#(
?"*<#5&3%L&?"*'0%D&1)$%4'0%C&5#)(%C&D*+J18#X&4%'.1&%)%C&V$*+Q#('0%C&?'41V#X&*&0$#J
R.N%(/&R$#C%('0*&$1+*%&'1X&L#&'1&4$*L$?S*&V$*+Q#('0%5&.*C*&`(&51&%&"%D&)1Q&&%0"%9$#
%9#)1'"*%&D#>#$'0%C&0$#J#&\#&V1$<1C#&!"514#(#&"%&9*&/(#P*.%&)#S#(&4$1%0$1"X&4%+"%&'1
81C%)&'#)1/(*0&(#+#%&(#&'"$#(*X&0%5#&51&)%L*.#&4%.*"*0?&L$?0P*5?&%L&81C%)1X&L#&51&'")#$
?/1.#&0$?4(*51&$#/D1$1
-?9$%)P#(*&'?X&D1>?"*DX&)1Q&*'"1&51'1(*&4%(%)%&%4"?S*)#.*&V1$<1C#&0%L&4%91L(*0#
:?8#L*5#&U#0%&51&')1P#(%&4%"4*'#%&?C%)%$&%(&C#&*4#0&)1Q&4%(%)%&C#/*&B$%/&81C%)1&/1DJ1
L?9$%)#P0#&"$C%)*(#&(1D#&(*0#0)1&'*C?$(%'"*X&51$&8*V%)*&0#$#)#(*&9*)#5?&(#4#L#(*&*
4J#P0#(*X&#&%(&*D&*.*&(1&4.#Q#&+"1"1&?%4+"1&*.*&L#51&0%.*0%&.*P(%&V%Q1&`(*&'&"%C#&D%.1
:?8#L*51)%&4%'$1L%)#81&=%.*.*&'?X&*'"%&"#0%X&L#&D*$&'&H?$<*D#&%9?V)#"*&*&8*V&*&L#
4%'.1&"%C#&:?8#L*&*/$#L*&0%L&'?."#(#&L#&4%+J1&?&;%'(?&51L(%C&')%C&*/#'.#(*0#X&F$%9#FX
0%5*&9*&%4%D1(?%&0$#J#X&V1$<1C#&*&9$#Q?&3#).%)*Q1&*&L$?C1&)1.*0#+1X&L#&4%+"?5?&4%)1J1&*
4$*DJ1(1&%9#)1/1X&*&L#&'1&(1&?'?>?5?&?)%L*"*&D#&0#0)1&(%)%"#$*51&(#&+"1"?&-?9$%)(*0# 
-%.#/#0&"%C&'?."#(%)%C&*/#'.#(*0#&?&;%'(?&4%'.1&V$*+Q#('01&4%91L1&C%)%$*%&9*&L)%51
?")$L*.#&9*&'&51L(1&'"$#(1&L#&51&'?."#(%)&?"*<#5&?&"%5&%9.#'"*&*&L#J1&(14%0%.19#(X&#&'&L$?C1
L#&'1&-?9$%)P#(*&%L&"1&4%91L1X&*4#0X&(*'?&(#L#.*&'?)*+1&0$?4(*D&4$%D1(#D#&=1>?
=#>#$*D#&"#0#)&4$1L.%CX&?&P#'?&4%91L1X&9*%&9*X&D1>?"*DX&(1'?D8*)%&$>#)%&4$*DJ1(&H%&'?
5#'(%&%'1"*.*&L?9$%)#P0*&4%'.#(*<*&'#D*&0#L&'?&L%+.*&"#D%&*&5#)*.*&'?&"%&%LD#V&?&')%5
C$#L&!&"%C#&Y14?9.*0#&(*51&)*+1&(#'"%5#.#&(#&"%D&4$1L.%C?&R.*&'1X&/#(*DJ*)%X&(*51&D(%C%
4#+"*.#&L#&4$*V)#"*&L$?C?&'?C1'"*5?X&0%5#&51&L%.#/*.#&%L&'#D%C&:?8#L*5#&*&0%5#&'1&'#'"%5#.#
?&"%D&L#&%(&*/#+#J1&51L(%C&')%C&P%)10#&-?9$%)#P0*&%LC%)%$&C.#'*%&51&F(10#&$#L*&0#0%&D?&'1
')*L*FX&#.*&%(*&(*'?&9*.*&)%J(*&L#&'(%'1&"$%+0%)1&%0%&"%C# &3*'D%&/#&V1$<1C#&9*.%&51
L%9*51(%&*&4%'.#(%&`(%&51&(#&8&(#4$#)*.%&)$.%&$>#)&?"*'#0&*&-?9$%)P#(*&'?&'1&4%P1.*
4$*9%5#)#"*X&L#&*D&%(&/9%C&81C#&(1&9*&4%P1%&4#0%'"*"*&4%(%)%&[&')%D&4*'D?&%L&A&D#$"#
 22 &%(*&'?&C#&%<$8*)#.*&91/%9/*$(%&*&4$1"'"#)J#.*&C#&0#%&4%"4?(%&"?$'0%C&P%)10#
FR0%&51&V1$<1C%D&L%/)%J1(%&(#/*)#"*&P%)10#&0%C#&'?&H?$<*&%L.*0%)#.*&V1$<1+0*D&*D1(%DFX
&"#0%&4%P*81&8*V%)%&4*'D%&&%(L#&"$19#&/(#"*X&L#&51&"%X&4%&8*V%)%D&'?L?X&'0%$%&(#5C%$*
P%)10&F`(&')?&')%5?&(#L?&4%.#S1&?&H?$01F&]1C%)%C&4%'.#(*0#X&0%5*&L%.#/*&L#&*/(1'1&+"#
81C%)&C%'4%L#$&*D#&4$%"*)&-?9$%)(*0#X&(1&"$19#&'#'.?+#"*X&#&4$%"*)&81C#&)#J#&%4%D1(?"*
*&0$#J#&H%D#+#X&*&R.N%(/#&*&=.1P#(1&B$#J&b#L*'.#)&51&(#&"%&&D#5#&?4?"*%&(%)?&4%$?0?
V1$<1C?&L#&%'"#)*&-?9$%)(*0&(#&D*$? &R.*&'?&-?9$%)P#(*&$1+*.*&&5?(#&4*'#"*&')%D
4%'.#(*0?&O#0%)?&;?(*Q?X&L#&'1&(1&)$#Q#&4$10%&V1$<1C%)#&/1DJ*+"#&*&L#&(1&4$1L#51&%)%D
0$#J1)#&4*'D#&B%L&'#D%C&V1$<1C#&%(*&'?&%L$S#)#.*&"$#5(%&L%9$1&)1/1&'#&Y#L*(C%'"%D
!)%5*D&4%'.#(*<*D#&(#&V1$<1C%)?&L)%$?&4%$?P*.*&'?&,&D#5#X&L#&'1&'&8*D&4%'#)1"?5?X&#.*&'?
?&!1(#"?&%L9*.*&4$1L.%CX&L#&4%'.#(*<*&*&4%'.?+#5?&"#5&'#)1" 
B$#J&H%D#+&9*%&51&/#&%)%&)$1D1&/#?/1"&L$?C*D&4%'.%)*D#&;#+"*(#&9#(#&31"$#&H#.%)<#X
0%5*&51&?D$%& 2A&C%LX&91+1&4%'"#.#&D1"#&D(%C*V&4$%V"1)#&=#.%.1"(*&81C%)*&(#'.1L(*<*
(*'?&4%0#/*)#.*&D(%C%&'(#C1&L#&D%C?&%L%.1"*&%4#'(*D&'?'1L*D#X&0%51&8*V%)&%"#<&(*51&D(%C%
L%9$%D&/#L?S*%&B#%&"#0D#<*&5#)*+1&'1X&4%$1L&=.1P#(#X&0$#J&H%D#+X&V1$<1C&!"514#(&*&"#L#
D(%C%&?"*<#5(*&[.$*V&d1J'0*X&/1"&L1'4%"#&c?$>#&*&51L#(&%L&C.#)(*V&D#C(#"#&D#>#$'0*VX
0%5*&51&)1QX&0#%&*&81C%)&%"#<X&L$S#%&D(%C1&L1.%)1&!.#)%(*51&B$#J&H%D#+&(*51&S1.1%&L#&'1
D%Q(*&[.$*V&L%P14#&*&"1&%9.#'"*X&*&"%&*/&L)#&$#/.%C#&51L(%X&+"%&9*&"#0%&'*.#(&'?'1L&*
'?)*+1&?"*<#%&(#&81C%)&'"#)i&*&L$?C%X&+"%&51&"#5&'?'1L&9*%&/1"&L1'4%"%)&U/D1>?&8*V&L)%5*<1
%(&9*&9*%&4$%'"%&4$*0J1+"1(&!&"%C#&51&C.1L#%&L#&"%&%(1D%C?Q*&O1L*(*&'#)1/(*0&D%C.*&'?


 

 7
D?&/#&"?&(#D1$?&9*"*&=.1<*&*&%(&'1&4$10%&4%'19(%C&4%'.#(*0#X&T*0%.1&H1'"1X&%9$#"*%&8*D#
3%(?L*%&*D&51&*.*&L#&'#D*&?/D?&B(*(&0#%&FC.#)?&:$)#"'01FX&*.*&L#&(#C%)%$1&31"$%)1
(#'.1L(*01X&L#&C#&%)*&4$1L#L?&81D?&=.1P#(*&'?&@&D#$"#& 22&%LC%)%$*.*X&L#&%(*&(1&D*'.1
?/*D#"*&B(*(X&4%+"%&(1&S1.1&(%)*V&'?0%9#&'#&D#>#$'0%D&0$?(%DX&#.*&L#&4$*'"#5?&L1.%)#"*
(#&(#'.1L(*01&31"$%)1&L#&%(*&C$#L&4$1L#L?&81D?&B#L&51&%(&?&$?0#D#&0$#J#&H%D#+#X
C%)%$*.*&'?&%(*&)$.%&J?9#/(%X&')151L(%&51&0#%&L#&'1&(#.#/*&*&?&8*V%)*D &R.*&?&"%D&(*'?
*D#.*&?'41V#&(*&0$#J&(*&=.1P#(*
3$%"*)&8*V&'1&*&?&"%D&4*"#8?&*'"#)*%&'#&')%D&1(1$C*5%D&V1$<1C&!"514#(&!"#$*&J?9#)(*0
?41%&51&9*%&')1&'(#C1&*&)1+"*(?X&$#L*%&51&F &
 X& X&&  FX&L#&4$*L%9*51
9#(%)?&?L%)*<?&:1L)*C?&L#&4%>1&/#&81C#X&4%+"%&51&%'"#%&?L%)#<&!&8%D&9*X&(#$#)(%X&L%9*%&*
9#(%)%&(#'.1>1&B$#J&H%D#+&51X&L#&'4$1P*&"#5&4.#(X&4%D*+J#%&(#&"%X&L#&F(#5'5#5(*51&%S1(*F
')%C&'*(#X&0#0%&0#S1&51L#(&*/)1+"#5&T1&)*L*&'1&5#'(%&0%&51&*D#.#&9*"*&?&"#5&D#V&81C%)#
(1)1'"#X&#.*&/(#D%&'*C?$(%X&L#&'1&51L(%&)$1D1&$#L*.%&%&)1/*&0$#J1)*Q#&!"14#(#&'&9#(%)%D
?L%)*<%D&[&-?9$%)(*0?&'?&5%+&,&5#(?#$#& 2 &9*.*&$1+*.*&P1'"*"#"*&0$#J?&H%D#+?&(#
4$*)#"(?&)1'"&%&'$%L'")?X&0%51&Q1&?P*(*"*&'#&V$)#"'0%D&9#(*<%D
&:1$<1C&51X&%9#)1+"1(&%
"%DX&/#4$1"*%X&L#&Q1&?4#'"*&'&)%5'0%D&?&:$)#"'0?&*&*/(?L*"*&%L.?0?&(#&D#P?&R.*&*&%(&51
')%5?&4%$%L*<?&S1(*L9#D#&)1/#%&'#&(10%.*0%&(#5?C.1L(*5*V&0?Q#X&0%51&9*&D?&D%C.1&9*"*&%L
4%.*"*P01&0%$*'"*&[&4*"#8?&(#'.1>#&H#.%)#<#&%(&51&9*%&S*)%&/#*("1$1'%)#(X&*&"%
C%L*(#D#&-#&9*&D%C#%&L%9*"*&'.%9%L(1&$?01&(#&"%5&'"$#(*&%(&51X&4%$1L&L$?C*V&?/$%0#X&*&'
"%C#&4$*'"#%&L#&'1&91/&L%9*"0#&D*$*&'#&-?9$%)P#(*D#&B#L&51&4$%4#%&4.#(&L#&'1&%S1(*
?L%)*<%D&H#.%)P1)%DX&*&0#L&'1&K#$)#$#&b*V"1(+"#5(X&0%5?&51&9*%&/#4$%'*%&*&L%9*%&%L&81
4$*'"#(#0X&?&4%'.1L8*&P#'&$#/9*.#&L#&4%>1&/#&8X&%(&'1&)1(P#%&'&L$?C%D&K#$)#$%DX&Q1$0%D
)%5)%L1&F&r FX&P*51&(#D&4%$10.%&(*51&4%/(#"%&U/C.1L#X&L#&51&/#&"#5&9$#0&4%'$1L%)#.#
4%$%L*<#&C$%N%)#&d1J'0*VX&*/&0%51&'1X&?&*'"%&)$1D1X&?&D#5?& 22X&%S1(*%&*&81C%)&'*(
K.#"0%&T#'.%(%D&(#&d1J'01X&#&(#$%P*"%&(#&C$%N#&[.$*V#X&V1$<1C&'1&(#L#%&L#&Q1&D%Q*&.#0+1
L%Q*&L%&')%C&<*J#&U/&*'"*V&4%.*"*P0*V&D%"*)#&%(&51&/#4$%'*%&/#&K.#L*'.#)#&R(?X&'*(%)*<?
L1'4%"%)*<1&O1$*(1X&S1(1&c?$>1)1X&5%+&?&51'1(& 2AX&#.*&51&L%&')#L91&L%+.%&"10&?&%0"%9$?
 22&H#5&9$#0&L%4$*(1%&9*X&4%&81C%)?&?)1$18?X&L#&*&L1'4%"X&?&"%D&4*"#8?X&'"#(1&(#&81C%)?
'"$#(? &K1/1&'?&L%*'"#&9*.1&4%.*"*P0*&%4#'(1&`L&8*V&'?&D%C.*&L#&/#/*$?&*&=.1P#(*&*
0$#J&H%D#+X&0%5*&51X&%41"X&4$10%&#$#C%('0%C&0$#J#&?/#.?L&4%0?+#)#%&L#&L%9*51&/#&'*(#
!"14#(#&0Q1$&P#0&4%$"?C#.'0%C&0$#J#
&R.*&P*(*&D*&'1X&L#&51&81D?&?&"%&)$1D1&9*.%&)*+1
'"#.%&L#&4$*L%9*51&0$#J#&R.N%(/#&0#%&5#P1C&4$*5#"1J#X&(1C%&L%&"1&L#.101&4%$"?C#.'01
4$*(<1/1
=.1"#P0#&Y14?9.*0#&51&)1Q&$#(*51&$#L*.#&(#&"%DX&L#&'4$1P*&V1$<1C%)%&+*$181&?&'"#$%5
:$)#"'0%5&*&(101&%L&31"$%)*V&C$#L%)#&9*.#&51&?/1.#&0#%&(#&P?)#81X&?&*("1$1'?&D#.%L%9(*V
(#'.1L(*0#&EB.*'X&_#P)*(?X&!*8&*&31"$%)#<Gi&%(#&51&')%5?&4%.*"*0?&4$%"*)&81C#&(#'"#)*.#
4%"#5(%&*&L%<(*51X&#.*&P?)#5?Q*&')1&D%C?Q1&N%$D1&*&4$#)1Q*&'1&'"#.(%&(1&'#D%&0#%&81C%)
4$*5#"1JX&(1C%&4$*'"#5?Q*&L#&D?&4%'"#(1&*&0#%&'#)1/(*0&B#L&51&?&51'1(& 22&V1$<1C&4%'.#%
'*(#&K.#"0#&L#&.*P(%&*/.%S*&*&4$%"?D#P*&81C%)?&4*'D1(?&4%(?L?&%&'#)1/?X&%(*&'?&0#%
4$*'"#.*&L#&'#$#>?5?X&#.*&'?&)1Q&4$1&"%C#&4%'1.*&`D*+&T*'?&V"1.*&L#&C#&)$#"1&V1$<1C?X&*#0%
51&%(&"%&(#$%P*"%&"$#S*%&*&5%+&4%$?P*)#%X&L#&Q1&<1"*('0?&%9.#'"X&#0%&?'"$19#X&%')%5*"*&*
9%$9%D

H%D#+&'1&(*51&D%C#%&/#.%S*"*&'#)&/#&"?&'")#$X&51$&51&?&*'"%&)$1D1&"$19#%&9*"*&?)?P1(X&0#%
D#>#$'0*&)#/#.X&*&?&$#"&'&H?$<*D#&U&0$#J&R.N%(/&4*'#%&D?&51&'&4%V)#.%D&&#4$*.#& 22
+"%&'1&%L.?P*%&(#&"1&9%$91&*&%91Q#)#%&D?&51&?'0%$%&4%D%Q&*&')%5?&*&%'"#.%C
V$*+Q#('")#
&T#&V1$<1C#&'1X&D1>?"*DX&(*51&D%C.%&"#0%&L1.%)#"*&]1C%)&'"#)&51&9*%&4$1D#
H?$<*D#&%4$1/(%&*+P10*)#81&:$*+Q#('0%5&)%5'<*X&C%)%$*.*&'?&/#&8&-?9$%)P#(*X&%(&'1&(1
9*&4$*L$?S*%&L%0&(1&L%4$1&')1&L%&RL$*5#(%4%J#X&#.*&(*&H?$<*D#&L%0&(1&9*&/#'1.*&?
;?L*D?

\#&"%&)$1D1&0$1(?.#&51&)1.*0#&"?$'0#&)%5'0#&(#&(%)#&%')#5#8#&M.#)(*&(#4#L&*/)$+1(&51&(#


 

 
T%)%&;$L%X&0%51&4#L1&&5?(#& 22&;$/%&*/#&"%C&?'41V#&"?$'01&P1"1&/#4%'1L%+1&<1.?&'"#$?
!$9*5?&*&L%4$1+1&')1&L%&=1L?(#&?&\1"*&R0%&*0#LX&V$*+Q#('0#&'#$#L8#X&*&"%&+"%&"1+8#X
9*.#&51&4%"$19(#&L#&'1&/#&)$1D1(#&/#?'"#)*&8*V%)&/#.1"X&#0%&'1&V"1.%&L#&H?$<*X&'.%D*)+*
9#.0#('01&L$S#)1X&(1&4%>?&*&L#J1&T#&4#4'0%5&0?$*5*&9*.%&51&L%'"#&$#/?D1)#8#&/#&"%&4*"#81X
*&*/)1'(1&#0"*)(%'"*X&*&L%'"#&#C*"#<*51X&L#&'1&"#&'#$#L8#&*&%'")#$*&U'"#0(?"#&<$0)1(#&.*<#
?/*D#5?&(#&)*+1&'"$#(#&S*)?&*(*<*#"*)?&?&"%D&'D*'.?&[&"#5&D#V&?&[C#$'0%5&'1&'&D(%C%
%L?+1)J18#&C%)%$*.%&%&4%"$19*&*&D%C?Q(%'"*&51L(%C&)1.*0%C&V$*+Q#('0%C&4%V%L#&4$%"*)
H?$#0#&:?8#L*&51&%91Q#)#%&'*C?$(?&4%91L?X&#0%&L%9*51&'(#S(?&*&L%)%J(?&4%D%Q&-%4$1Q1
P#0&L%&O1$?'#.*D#X&/#&0$#"0%&)$1D1&3.#D1(*&U)#(&B#4*'"$#(X&N$#81)#P0*&91'1L(*0X
%L?+1)J#)#%&51&'#&?'41V%D&/#&)1Q?&#0<*5?&(1&'#D%&$#"(*01X&(1C%&*&L)%$%)1&*&4#4'0?&0?$*5?&*
+*$%0*&')1"&T#&?C#$'0%D&'#9%$?&81D?&*&J?L*D#&%0%&81C#&9%$9#&(*51&*/C.1L#.#&D(%C%
"1+0#&_*(*.%&*D&'1X&?&4$%4%)1L(*P0%D&/#(%'?X&L#&51&/#&0%(#P(?&4%91L?&L%)%J#(&'#D%&51L#(
'D1%X&'(#S(%&4%(1'1(X&*&'*.#(&/#.1"&U&?&'1)1$(%5&U"#.*5*X&4%L&?"*'0%D&'.*P(*V
$#'4%.%S18#X&'0.%4*.%&51&41"&"#.*5#('0*V&L$S#)#&5%+&2&N19$?#$#& 22&C%L&*/D1>?&'191
D*$&=.1P#(*X&0%5*&'?X&0#0%&51&"#P(%&$10#%&:&B$1PD#5$X&%'*C?$#.*&/#&'191&FD%(%4%.
O#L$#(#FX
&D%C.*&'?&'#L&L#&#0"*)(*51&4$#"1&$#/)%5&L%C#>#5#&(#&;#.0#(?
\#&;%'(?&*&/#&81(%C&0$#J#&H%D#+#&4#4'0#&0?$*5#&'1&/#.#C#.#&*'0$1(%&3#4#&B#.*'"&IIIX&(#
D%.9?&0$#J1)?X&(*51&L%/)%.*%&%)1&C%L*(1&L#&'1&<14#&'(#C#&*&51L*('")%&9%'#('0*V&4%'1L#&(*&?
P*'"%&<$0)1(*D&4*"#8*D#&-#.D#"*('0*D&D#(#'"*$*D#&(#&B%$P?.*X&B$#4#(?X&3#/D#(?X
[J#(?X&T%)%D&M$#L?&*&3$*J?&0%L&!4.*"#&*/$*P(%&51&/#9$#81(%&L#&'1&*/L)%51&%L&9%'#('0%C
)*0#$*5#"#&3#4#&51&A7&#4$*.#& 22&?/1%&4%L&')%5?&/#+"*"?&*&0$#J#&*&<1.?&81C%)?&/1DJ?X
V%"1Q*&%P1)*L(%&L#&5%5&"*D&L#&*&)1Q*&/(#P#5&?&V$*+Q#('0%D&')1"?X&#&*&'#D%5&0?$*5*&51L(?
)$'"?&(1&'#D%&D%$#.(1X&(1C%&*&'")#$(*51&%9#)1/1&[&4%)1J*X&0%5?&51&*/L#%&%&"%DX&%9?V)#Q1(#&51
9*.#X&4$*$%L(%X&*&<1.#&0$#J1)'0#&4%$%L*<#&3#4#&51&P#0&%91Q#)#%&0$#J?X&L#&Q1X&4%&'$1Q(%
')$+1(%D&$#"?&'&H?$<*D#X&L#"*&4%)$#"*"*&4%L&81C%)?&).#'"&')#&%(#&D1'"#&0%5#&'?&9*.*&?/1.*
(1&'#D%&H?$<*X&(1C%&*&L$?C*&)1.*0#+*

U/&$#/(*V&*/)1+"#5#&4#4*&)*L1.%&'1X&D1>?"*DX&L#&51&?&;%'(*&9*.%&0$?4(*V&$#/.%C#&/#&'?D8?&?
?'41V&U#0%&'1&(14$*5#"1J&V$*+Q#('")#&?'"$1D*%&(#&'.%9%L?&9#.0#('0*V&L$S#)#X&*#0%&'1
'4$1D#.#&51L(#&)1.*0#&/#51L(*P0#&V$*+Q#('0#&%N#(/*)#X&D1>?&V$*+Q#(*D#&'#D*DX&?&;%'(*X
(*51&9*.%&4%"$19(%C&51L*('")#&3%'"%5#.%&51&(1&'#D%&(14%)1$181&*/D1>?&0#"%.*0#&*&4#"#$1(#X
(1C%&*&*/D1>?&0#"%.*0#&*&4$#)%'.#)(*V&B#4*'"$#(&'1& &5?.#& 22&"?S*%&4#4*&(#&?"*<#5
$#+0%C&D*"$%4%.*"#X&0%5*&%D1"#&$#L&N$#81)#<#&D1>?&4#"#$1(*D#X&*&?%4+"1&(#&9%$9?&"%9%S1
#C$1'*)(%C&4$#)%'.#)J#&4$%"*)&0#"%.*0#&[&/1DJ*X&4$*4#L(*<*&V$*+Q#('0*V&)1$#&?/#5#D(%
'1&4$%C%(1X&C$L1&*&(#4#L#5?
&U/&'#D%C&B#4*'"$#(%)#&*/)1+"#5#X&0%5*&'?&D?&%P1)*L(%
4%L(1.*&9%'#('0*&N$#81)<*X&)*L*&'1&5#'(%&0%.*0%&51&5#/&*/D1>?&V$*+Q#(#&9*%&L?9%0&*&0#0%
51&9*.%&D#.%&*/C.1L#X&L#&*/D1>?&8*V&D%S1&L%Q*&L%&*'0$1(1&/#51L(*P01&'#$#L81
K1.*0#&V$*+Q#('0#&%N#(/*)#&9*.#&51X&?&%'"#.%DX&%(1D%C?Q1(#&/#&"?&C%L*(?&*&/9%C&(1'.%C1
*/D1>?&'#D*V&'*.#X&0%51&'?&"$19#.1&L#&51&4%D#S?i&/9%C&8*V%)#&'4%$%C&'4%$#/?D1)#8#&*
(#D1$(%C&/#"1/#8#i&*&(1&D#.%&/9%C&4$%"*)(%'"*&0%51&'?&*/9*.1&*/D1>?&0$#J#&b#L*'.#)#&*
:?8#L*5#X&%&0%5*D#&'1&9$/%&'#/(#.%&(#&D(%C%&'"$#(#&-?9$%)P#(*&'?&'&*'0$1(%D&$#L%+Q?
4%/L$#)*.*&D#>#$'0%C&0$#J#&7&(%)1D9$#X&0#L&'?&P?.*&L#&'1&4%)$#"*%&?&=#>#$'0?X&51$&'?
9*.*&?)1$1(*&L#&Q1&"%&9*"*&F'4#'%(%'(%F&/#&<1%&V$*+Q#('0*&')1"
&[&=#>#$'0%5X&)1$%)#.*
'?&%(*X&?%P*Q1&"#L&(14%'$1L(*51&%4#'(%'"*&%L&H?$#0#&*&%9$#"*Q1&)1Q?&4#S8?&9#.0#('0*D
'")#$*D#&T1&D%C?Q*&L#&0$1(1&(*+"#&)1Q1&(#&'#D%D&;#.0#(?X&:?8#L*&51&"1&51'1(*&$#/)*5#%
(1+"%&#0"*)(%'"*&?&K.#+0%5X&CL1&51&91/&4%"$191&'")#$#%&(%)1&(14$*5#"1J1X&L%0&'?&'1&H?$<*
?P)$+Q*)#.*&(#&L?(#)'0%5&.*(*5*

&3%)$#"#0&0$#J1)&?&=#>#$'0?&L%(1%&51&'#D%&$#/9*5#81X
#&(1&%0?4J#81&(#$%L(*V&'(#C#
K#S(%&51&*'"#0(?"*X&L#&'1&?&"%&)$1D1&/#&;%'(?&5#)J#%&')1&)1Q*&*("1$1'&\#&D(%C1&51&4%'"#.%
5#'(%X&L#&8?&"$19#&%P?)#"*&0#%&91L1D&V$*+Q#('0*&/#&/#+"*"?&'$1L81&f)$%41&B#$L*(#.
B#$)#5#.&4*'#%&51&2&(%)1D9$#& 22&9#)#$'0%D&)%5)%L*&R.91$"?X&L#&F†
 &
 F


 

 
4$10%&;%'(1&F.#0%F&D%C#%&4$%L$1"*&L%&M1$D#(*51
&H#5&*("1$1''1&4%5#P#%&(#$%P*"%& 2,
C%LX&0#L&'1&P?.%&L#&'1&L1'4%"*/D*$*%&'&H?$<*D#X&*&4%'.1&5%+&)*+1X&0#L&51&'?."#(&=1VD1L&II
.*P(%&0$1(?%&)1.*0?&%N#(/*)?&4$10%&!$9*51&(#&!D1L1$1)%&*&;1%C$#L&T1?'"$#+*)*
B#4*'"$#(&'#&C%D*.#D#&V$*+Q#('0*V&L%9$%)%J#<#X&*'0?4J1(*V&'&$#/(*V&'"$#(#X&4%5?$*%&51&?
4%D%Q&;1%C$#L?X&#&4%'.1&D?&'1&4$*L$?S*%&*&:?8#L*&'&4$#)%D&D#>#$'0%D&)%5'0%D&B$#J
H%D#+&?4?"*%&D?&51&A&D#5#&*/&O#5<#&51L(%&4%'.#('")%X&0%51&51&)%L*%&N$#"#$&U.*5#&*/&3%S1C1X
9%'#('0*&0?'"%' &T*51&4%/(#"%&+"#&'?&')1&"*&4%'.#(*<*&*D#.*&L#&0#S?&V$*+Q#('0%D
9%$<?X&#.*&51&'0%$%&'*C?$(%&L#&'1&$#L*.%&%&%95#+8#)#8?&L$S#8#&H%D#+1)#
H%D#+&(*51&?P1'")%)#%&?&"%5&V$*+Q#('0%5&9%$9*&4$%"*)&H?$#0#&!&51L(1&'"$#(1&%(&"%&(*51
?P*(*%X&+"%&'1&'"#.(%&9$*(?%&/9%C&'"#8#&?&%9.#'"*&H#.%)#<#&[.$*V&d1J'0*&9*%&51&*/$#L*%
0%L&0$#J#&b#L*'.#)#&L#&9?L1&4%'"#)J1(&/#&V$)#"'0%C&9#(#&]1C%)#&51&(#D1$#&9*.#&5#'(#X&L#
4$1%"D1&%9.#'"&H#.%)#<#&*&L#&%4#+1&;%'(?&*&'#&/#4#L(1&'"$#(1&B$#JX&*#0%&D#>#$'0*&)#/#.X
(*51&*D#%&)1$1&?&*/)1'(1&)1.*0#+1&?C#$'01&3$*D1$X&0#0%&'?&(10*&%L&8*VX&9#+&?&/*D?& 22
C%L*(1&(1D*.%'$L(%&4%'"?4#.*&'#&'"#$*D&L1'4%"%D&c?$>1DX&0%C#&'?&$#(*.*&*&/#")%$*.*X
%4%D*8#%&C#&51&*&'?)*+1&$1P*"%&`(&51&/(#%&*&/#&'"#$1&4$1"1(/*51&d1J'0*V&(#&;%'(?&*
/#/*$#%&51&*&'&"1&'"$#(1&[4.#+1(&/9%C&#0<*51&[.$*V%)1&H%D#+&51&4%/*)#%&?&'#)1/&=.1P#(1X
(#.#/1Q*&L#&Q1&?'41V&d1J'0*V&9*"*&4%L51L(#0%&*&(#&+"1"?&Y14?9.*01X&0#%&*&(#&+"1"?&;%'(1
`(&51&9*%&'4$1D#(&L#&"%&'4$1P*X&D#0#$&*&4%&<1(?&9%$91&K1Q&51X&'?/9*5#5?Q*&[.$*V%)?&)%5'0?
%L&B(*(#X&5#'(%&4%0#/#%&"?&')%5?&%L.?P(%'"

B$#J&[.$*V#X&4%&'%4'")1(*D&$1P*D#X&(*51&'D#"$#%&D#8*D&(14$*5#"1J1D&%L&H?$#0#&U#0%&51
/(#%X&L#&51&'#D&D#>#$'0*&0$#J&4$1L#%&:$)#"'0?&[.$*V?&*&L#&%)#5X&'&81C%)*D&/(#81DX&+#J1
"#D%&!*D%(#&B%4%$%)*Q#&L#&?/D1&/1DJ?&?&4%'1LX&%(&(*51&V"1%&L#&'1&D*$(%&4%0%$*&U/$1P(%
51&4%$?P*)#%&?&=.1"01X&L#&(#&"#0)%&$1+181&(1Q1&4$*'"#"*&(*&4%L&0%5*D&?'.%)%D&R0%&=.1<*
(1Q1&*.*&(1&D%C?&L#&%")%$1(%&?'"#(?&4$%"*)&"%C#X&%(&*V&51&D%.*%&L#&?P*(1&9#$&"%.*0%X&L#
4$%"*)(*<*D#&d1J'0*V&L%"?$?5?&V$#(?&*&Z19#(?&B$#J&'1&(#$%P*"%&9%5#%&5%+&*&"%C#X&L#&'1X
L%9*)+*&-#.D#<*5?X&(1&'51L*(*&4%L$?P51&d1J'0%C&'#&%(*D&V1$<1C#&!"514#(#&*&L#&%(&"#0%&(1
9?L1&*/.%S1(&%P*C.1L(%5&4$1D%Q*&L)%5*<1&(14$*5#"1J#&=.1P#(*&'?&4$*'"#5#.*&L#&L#5?&V$#(?
*&D?(*<*5?&#&4%(%)*.*&'?&%91Q#81&L#&Q1&D.#L*D&H#.%)<*D#&'#)1"%)#"*X&L#&P*D&4$1&4%'"*C(?
'4%$#/?D&'&H%D#+1D&*&L#&D?&4$1L#5?&B(*(&(#&FP?)#81FX&#0%&C#&'#D*&(1&9*&D%C.*&%L$S#"*
-$?C#&4%$?0#&0$#J1)#X&?&*'"%&)$1D1X&0#/*)#.#&51&5#'(%&L#&'1&%(&%/9*J(%&9%5#%&/#&')%5&4$1'"%&*
D%C?Q(%'"&%L$S#)#8#&?&;%'(*&;*.%&D?&51&5#'(%&L#&;%'(?&P10#&'?L9*(#&!$9*51X&4$%"*)&0%51
H?$<*&%L& 2 &C%L&(#'$Q?&(14$1'"#(%X&4%$1L&')1&L*4.%D#"'01&)1+"*(1&L1'4%"%)1&H%D#X
14*'0%4&V)#$'0*X&*&T*0%.#&H1'"#&*/.#C#.*&'?&A&5?(#&?&=.1<*D#X&0#0%&F%)#5&(#5%0$?"(*5*
"*$#(*(&<#$&"?$'0*F&V%Q1&L#&4$1%"D1&9%'#('0%&0$#J1)'")%&`(&(*51&/#L%)%J#(&C%L*+8*D
V#$#P1D&0%5*&D?&'1&+#J1X&(1C%&"$#S*&5%+&*&P1"*$*&9%'#('0#&C$#L#&O1L#(&%L&8*V&51&*&C$#L
9*'"$*P0*&0%L&b*)(#X&(#&0$#58%5&/#4#L(%5&C$#(*<*&;%'(1X&?&(14%'$1L(%5&9.*/*(*&D.1"#P0%C
4%L$?P5#&T10#&=.1P#(*&'#D*&4$%'?L1&+"#&*V&P10#&0#L&L%9*5?&H?$01&0#%&'?'1L1&?&-#.D#<*5*X
%L&0%51&(*&U'"$#&(*51&L#.10%&B$#J&51&4*"#%&=.1P#(1&+"#&L#&$#L*&R0%&4$1L#&C$#L%)1&%(&'#D
?P)$+Q?51&H?$01&?&;%'(*&*&4%D#S1&*D&L#&51&51L(%C&L#(#&4%"4?(%&%')%51i&#&#0%&*V&(1&4$1L#X
%(L#&C#&(1'?D8*)%&P10#&$#"&'&8*D#&U/.#S?Q*&*D&')%5&"1+0*&4%.%S#5&%(&51&D%.*%&8*V%)?
4%D%Q&/#&(#%$?S#81&')%5*V&C$#L%)#&*&4%"4%$?&?&D%C?Q%5&9%$9*&[&'.?P#5?&4%$#/#&*
)1$%)#"(%'"*&L#&D%$#&91S#"*&*/&/1DJ1&%(&51&D%.*%&L#&C#&%(*&4$*V)#"1&=%.*%&51&'&"%C#&+"%
9$S*&%LC%)%$X&51$&D?&'?."#(&(*51&%'"#)J#%&D(%C%&)$1D1(#&/#&%0.1)#81&\(#D%X&L#J1&L#&51&%L
H%D#+#&"$#S*%&*&/#&*'V$#(?&')%51&)%5'01&?&!$9*5*&7777&"%)#$#&S*"#
=.1P#(*&'?&L#.*&%LC%)%$&4%'.#(*<*D#& &5?(#&3$*'"#5#.*&'?&L#&0$#J&(#9#)*&*.*&4%/#5D*
(#&8*V%)%D&4%L$?P5?&L%&77&9#.*'"#$#&*&%91Q#.*&'?&D?&'.%9%L#(&4$%.#/&*&'$L#P#(&4$*51DX&?
'.?P#5?&L#&?&;%'(*&(1&D%C(1&%'"#"* &T#&%'"#.%&*/91C.*&'?&%LC%)%$X&(1&/(#5?Q*&%P1)*L(%
(*&'#D*&+"#&9*&D%C.*&'#)1"%)#"*&\#&')#0*&'.?P#5X&#.*&)*+1&/9%C&d1J'0*VX&(#$1L*.*&'?&L#&'1
4%5#P#&%$?S#81&\#L$#&;*.%&*D&51X&D1>?"*DX&)$.%&(14$*5#"(%&0#L&'?&P?.*X&L#&V1$<1C&(#C%)#$#
\1Q#(1&*&B%"%$#(1&L#&4$*'"#(?&?/&H?$01X&D1'"%&L#&L$S1&'&8*D#X&*&4%'$1L%)#.*&'?&/9%C&"%C#


 

 A
0%L&81C# 
B#L&'?&4%P1.1&4$#)1&9%$91&?&-#.D#<*5*&/#&4%'1L&H#.%)#<#&V1$<1C&51&L%+#%&?&'?0%9&'#&'"#$*D
4$%"*)(*0%DX&)%5)%L%D&U)#(*+1D&K.#"0%)*Q1D&-?9$%)(*0&51&?&51'1(& 22&C%L&?/#.?L
4%0?+#)#%&L#&4%'$1L?51&;%5#%&'1&/#&U)#(*+#X&0%5*&D?&51&9*%&'"#$*&'#)1/(*0&#&'.#9*5*&4%
'(#/*&%L&V1$<1C#&!&"%C#&D?&51&"#5(%&4$%L#)#.#&*&L%"?$#.#&(1+"%&%$?S5#&B#L&51&9*%&?&'"*'<*
4%(?L*.*&'?&D?&@&5#(?#$#& 2,&L#&4$1)1L1&4%$%L*<?&?&!"%(&3%$%L*<#&D?&51&?9$/%&'"*C.#X
#&D*'.*.%&'1X&L#&Q1&'1&"?&L%'0%$#&'0.%(*"*&*&%(&'#D&:1$<1C&51&?/1%&D#V#&?&%9.#'"*&*/D1>?
T1$1")1&*&d1"*(1&*&-?9$%)P#(*&'?&?&'"$#V?&9?L(%&P?)#.*&*&?")$>*)#.*&')%5&!"%(&9%51Q*&'1X
L#&V1$<1C&/#&91C?(<*D#&(1&4%>1&*&"#D%&B#0%&51&/9%C&9%$91&8*V%)#&"$C%)*(#&9*.#&?C$%S1(#
%(*&'?&A&#4$*.#& 2,&$1+#)#.*&%&"%DX&L#&/#'#L&(1&*L?&F& &l
F&K.#"0%)*Q*&?&!"%(?
(*'?&9*.*&D*$(*&*&'&"%C#&'?&-?9$%)P#(*&"$#S*.*&%L&8*V&L#&4$1>?&?&-?9$%)(*0X&0#0%&9*
D%C.*&9%J1&4#/*"*&(#&8*V&*&?P*(*"*&*V&D#81&%4#'(*D&A&D#5#&*/L#"#&51&(#$1L9#
L?9$%)#P0*D&J?L*D#X&L#&(1&'D15?&*Q*&(*&F& 
&† FX&(*"*&L%.#/*"*&?&'?0%9&'&J?L*D#
'&"*V&'"$#(#&Y14?9.*0#&51&&#4$*.#&4*'#.#&')%5*D&"$C%)<*D#&?&;%'(*X&L#&D%C?&4$1.#/*"*
4$10%&:1$<1C%)*(1X&#.*&L#&(1&(%'1&)*+1&?/#&'1&%L& 7&.*9#$#&'$19$#&[&5?.?&%L9*.#&51&V1$<1C?
/#5#D&%L&7777&L?0#"#X&0%5*&D?&51&%P1)*L(%&"$19#%&/#&9%$91 
O1L#(&*(<*L1("X&0%5*&'1&L%C%L*%&4%P1"0%D&#)C?'"#X&91+1&(#$%P*"%&?4.#+*%&Y14?9.*0?
K.#"0%)*Q*&91V?&%"1.*&L?0#"(*0?&V1$<1C%)%D&E G&6&L?0#"#X&(#+"%&%(&L#L1
%4J#P0#"*&DJ1"'0%C&%4#"#&*&(101&L$?C1&-?9$%)P#(1&T#&"%&Y14?9.*0#& &#)C?'"#&(#$1L*
9$#Q*&Y#L*)%5?&*&=#$0?&K.#"0%)*Q?X&L#&?&$%0?&%L&"$*&L#(#&D%$#5?&)$#"*"*&')1&+"%&'?
%4J#P0#.*&V1$<1C%)*D&J?L*D#X&#&?&$%0?&%L&%'#D&L#(#&%'"#)*"*&!"%(&*&*Q*&9*.%&(#&(10*
L?9$%)#P0*&%"%0&*.*&?&'#D&C$#L&T#&/#V"1)&V1$<1C%)&-?9$%)P#(*&'?&$1+*.*&,&'14"1D9$#X&L#
P#0&4$%"1$#5?&*/&B%(#)J#&')1&V1$<1C%)1&J?L1X&0%5*&'?&"#D%&L%+.*&4%'.1&!#(L#J1)1&4$%L#51
*&%"0#0%&51&V1$<1C&?/1%&H$19*81 
T1'*C?$(%'"*&51&9*.%&*&(#&L$?C*D&'"$#(#D#&-?9$%)P#(*&'?&,&#4$*.#& 2,&9*.*&$1+*.*
/#D%.*"*&"?$'0%C&4%'.#(*0#X&0%5*&51&L%(1%&'?."#(%)%&4*'D%&%&'.%9%L*&"$C%)*(1X&L#&4%'$1L?51
0%L&)%5)%L1&31"$#&3#).%)*Q#X&L#&)$#"*&8*V%)*D&"$C%)<*D#&'$19$%&*&L?0#"1X&0%5*&*D&91+1
%L?/1%&!.*P(%&51&9*%&4%'"?4*%&*&0$#J&H%D#+X&J?"&(#&-?9$%)P#(1X&)1$%)#"(%&+"%&(*'?
4%D#C#.*&?&L%)%J(%5&D1$*X&*/&'"$#V#&%L&V1$<1C#X&81C%)?&#0<*5?&2&D#5#&9*.%&51&'&"%C#
%L.?P1(%&4%)1'"*&*'"$#C?&4$%"*)&%(*V&-?9$%)P#(#X&0%5*&'?&'1&V"1.*&4%C%L*"*&'&0$#J1D&L#
*/)1/?&81C%)%&'$19$%&?&T#4?J&U(#P1X&-?9$%)P#(*&'?&C.1L#.*&L#&?&.*P(*D&'")#$*D#
/#L%)%J1&0$#J#&H#0%&51X&(#&4$*D1$X&L?C%&)$1D1(#X&(#&4%P1"0?& 2,X&4$%)1%&L?9$%)#P0*
.10#$&;#$"%.%D15&(#&0$#J1)%D&L)%$? 
3%'.1&(1?'41V#&4%L&;1%C$#L%D&(1'#.%D*)*&'?."#(&=1VD1L&(*51&(#4?+"#%&D*'.*&%&L#J%5
%N#(/*)*&K1Q&4%P1"0%D& 26&C%L&%(&51&?4?"*%&?&;%'(?&)1.*0*&9$%5&D#5'"%$#&L#&D?&4$10%
!#)1&'4$1D1&4$1.#/1&/#&)%5'0?&C$#L1Q*&4%("%(1X&*&?/&"1&D#5'"%$1&4%'.#%&51&@777&J?L*&L#&*V
P?)#5? &H#&51&)%5'0#&*D#.#&?&*'"*&D#VX&L#&?"*P1&*&L#&0$#J#X&0#0%&9*&+"%&4$1&*'4?(*%
"?$'01&/#V"1)1&%&?'"?4#8?&%(*V&"$#S1(*V&C$#L%)#&-?9$%)#P0#&Y14?9.*0#&%L.?P*.#&51&)1Q&2
N19$?#$#&L#&%9?'"#)*&4?"%)#8#&L?9$%)#P0*V&4%'.#(*0#&4$10%&;%'(1&F  &&È
  &&¼
F&-#&"*&H?$<*&(*'?&4$%.#/*.*&'&D*$%D&)*L*&'1&%L#".1X&+"%&'?&
N19$?#$#&-?9$%)P#(*&$1+*.*&*/5#)*"*&F'#S#J181F&P#0&*&V1$<1C?&$#L*&H?$#0#&*&8*V%)#
4%(#+#8# &B$#J&H%D#+X&/#4.#+1(X&%9$#"*%&'1&?&;?L*D&0$#J?&*&4#4*(%D&*/#'.#(*0?
0%5*&'1&"?&(#.#/*%X&"$#S1Q*&'#)1"#&*&4%"4%$1&T#&c?$>1)L#(&51&D#>#$'0*&'#9%$&*D#%&L#
$1+#)#&%&(%)%5&9%$9*&'&H?$<*D#&R.*&D1'"%&"%C#&?&/1DJ*&51&(#'"#%&4%"4?(&$#/L%$&O#(0%
:?8#L*&91+1&?D$%&%L&0?C1X&D#.%&4%'.1&')%51&)*"1+01&%L9$#(1&;1%C$#L#X&#&*/D1>?&81C%)*V
'*(%)#&*&0$#J#&L%>1&L%&4$#)1&9%$91&b#L*'.#)&:?8#L*&L#L1&&(%)1D9$#& 2,&D?P0*&?9*"*
C$%N#&[.$*V#&d1J'0%CX&(#5?"*<#5(*51C&0$#J1)%C&4$*'"#.*<?X&(#+"%&0$#J&%'?L*&(#&'D$"
b#L*'.#)#&H%&*/#/)#&4$#)*&C$#>#('0*&$#"X&?&0%D&51&0$#J1)&4%.%S#5&51L(%&)$1D1&4%'"#%&)$.%
"1S#0&[/&"1&(1/C%L1&0$#J&'1&/#4.1%&*&?&$#"&'&<#$1D&o$*L$*V%D&/9%C&(#'.1L'")#&d1J'0*VX&51$
*/#&[.$*V#&(*51&%'"#.%&D?+0%C&4%"%D'")#


 

 
e"#&51&?&"#0)*D&4$*.*0#D#&0$#J&H%D#+&D%C#%&%P10*)#"*&%L&'#$#L81&'&=#>#$*D#“&!#&4#4'01
0?$*51X&D1>?"*DX&4%$?P*)#.%&'1&*&S1.1.%&%L&'$<#X&L#&'1&$#"&(#'"#)*&*&'.#"*&'?&(#59%J*
4$%4%)1L(*<*&?&!$1L8?&f)$%4?&L#&/#L%9*5#5?&(#$%L&/#&8&R.*& &D#5#& 26&4#4#&51X&P?)+*
L#&'1&0#$L*(#.&!)&R(>1.#X&U)#(&B#$)#5#.X&(#&0$#J1)&4%/*)X
&'4$1D#&L#&*L1&?&;%'(?X&*4#0
4$14%$?P*)#%X&L#&'1&')1&L%9$%&4$%D*'.*X&F4%+"%&'?&"%.*0*&D1"1S*&?&=#>#$'0%5&*&T1D#P0%5F
Y#"%9%$(#&C$?4#&<$0)1(*V&L%'"%5#('")1(*0#&C?$#.#&51&*4#0&(14$1'"#(%&(#&(%)1&9%$91X
)1$?5?Q*&L#&51&?(*+"181&"?$'01&'*.1&5%+&?)10&D%C?Q1&3#4#&B#.*'"&III&E 222@G&L#%&51
0%)#"*&4$)1&0$'"#+01&D1L#J1&/#&9%$9?&4$%"*)&H?$#0#X&'#&(#"4*'%D&& &X&&‚ 


&  &  & &[&4$%.1Q1& 2,X&?&D#5?X&L#.*&'?&-?9$%)P#(*&4$#"8?&0%"%$'0%D
#$V*>#0%(?X&0%5*&51X&0#%&4#4*(&*/#'.#(*0X&*+#%&(#&9%'#('0*&L)%$ &H%&51&')1&?"*<#.%&*&(#
H%D#+#&T#D#&L#(#'&(*51X&L%*'"#X&.#0%&$#/?D1"*&+"#&51&"%C&*(#P1&)$.%&%4$1/(%C&).#L#$#
D%C.%&%4$1L1.*"*X&L#&'1&?4$#)%&?&%)#5X&"%.*0%&(1/C%L(*X&P#'&%L.?P*X&L#&%"0#S1&H?$<*D#
4.#Q#81&L#(0#&*&L#&'1&$1+*&(#&$#"&-)#&81C%)#&*/#'.#(*0#X&%9#&N$#81)<#X&/#"$#S*.#&'?&5?(#
D1'1<#& 26&?&Y*D?&%L&4#41&0$'"&*&/#'"#)?X&0#%&4%')1Q1(#&/(#D18#&V$*+Q#('01&9%$91&H%C
*'"%C&D1'1<#&L%+#%&91+1&?&;%'(?&0#$L*(#.&B#$)#5#.&*&D.1"#P0*&4%'.#(*0&31"#$&L1
H%D#/**'X&0%5*&'?&4%/*)#.*&0$#J#&L#&?'"$#51X&'"#)J#5?Q*&D?&?&*/C.1L&4%D%Q&V$*+Q#('0%C
')1"#&B$#J1)%&"$#S181&0$'"#&*&/#'"#)1&%L&4#41&*&*D#.%&51&0#%&<*JX&L#&81C%)%D&4%V%L?&L#
%4+"*5*&*X&"#0%&$1Q*X&')1"'0%V$*+Q#('0*&/(#P#5&=#.%&4%"%DX& &5?.#X&?4?"*%&51&0$#J&')%C
*'0?'(%C&T*0%.?&H1'"?&4#4*X&0$#J?&R.N%(/?X&D.1"#P0%D&L?SL?&*&)%5)%L#D#&D*.#('0%D&*
9?$C?(L'0%DX&%P1)*L(%&'&(#D1$%DX&L#&%L&8*V&L%9*51&0%(0$1"(1&%LC%)%$1&*&L#&*D&"#P(%
*/.%S*&')%5&4%.%S#5 &\(#D%X&L#&51&4$1&"%CX&0$#51D&D#$"#X&0$#J&'.#%&51L(?&4*'D1(?&4%$?0?
*&?&R.9#(*5?X&"$#S1Q*&)1$%)#"(%&9.*S1&)1/1&'#&!01(L1$91C%D& &-?9$%)P#(*&'?&?&<1.%5
%)%5&#0<*5*&9*.*&D(%C%&?/L$S#(*5*&`(*&'?&5%+&@&D#$"#&%L.?P*.*&L#&'1&*/)*(1&4#4*(%D
4%'.#(*0?&N$#"$?&=#$*5#(?X&0%5*&51&L%.#/*%&L#&4$%4%)1L#&0$'"#+0*&$#"X&(1&L#)+*&D?&4%D%Q
0%5?&51&%L&8*V&"$#S*%&4$%"*)&H?$#0# 
B$#J&51&4$*D*%&U)#(#&B#$)#5#.#X&0#$L*(#.#&!)&R(>1.#X&*&31"$#&L1&H%D#/**'&?&C$#L?
-%9%$?&`P?)#(&51X&?&$>#)%D&'"#8?X&51L#(&H%D#/*51)&*/)1+"#5&'&"%C#&4?"#X&%L&A&5?(#&B$#J
*D&51&%95#+8#)#%X&L#&51&81D?&'#D?&"1+0%&)%L*"*&%N#(/*)?X&51$&81C%)*&J?L*&(1$#L%&*L?&?
9%$9?&)#(&/1DJ1&H%&51&(1'?D8*)%&9*.#&)$.%&"#P(#&")$L8#i&?&%'"#.%DX&)1%D#
0#$#0"1$*'"*P(#&/#&<1.?&9%'#('0?&V*'"%$*5?&-#&51&0$#J&*&%L&8*V&"$#S*%&4%L$+0?
V$*+Q#('0*V&'*.#&*&$#L&?&"%D&4$#)<?X&$#/?D1&'1&'#D%&4%&'19*&e"%&'1&"*P1&H?$#0#&0$#J&51&%
8*V%)*D&0$1"#8*D#&9*%&L%'"#&L%9$%&%9#)1+"1(&*&(#4%D1(?%&51&.1C#"?X&L#&51&%(&9*%&L#%
?(#4$1L&4%"$19(#&%9#)1+"18#&*&%&"?$'0%D&4%V%L?&(#&d#$*C$#L&*&%&%)%D&'0%$%D&(#&;1%C$#L
!?."#(&51&%L&4#L#&d#$*C$#L#&*/)?0#%&%L&81C#&)*+1&%L&,7777&L?0#"#&*&5%+&D?&(*51&L%'"#&`(
;%'(?&'D#"$#&FC.#)(%D&0#4*5%D&V$*+Q#(#F&`L&P1"*$*&C$#L#X&0%5#&D?&"$#S*X&L)#&'1&(#.#/1&?
?(?"$#+8%'"*X&"$1Q*&51&F0J?P&[C#$'01FX&#&P1")$"*&-#.D#<*51i&')#&P1"*$*&'?X&D1>?"*DX
'"?9%)*&81C%)1&L$S#)1&-%"#L&51&(10#0%&*/)$L#)#%&L#&*V&(1&*/L#X&#.*&'1&L#J1&(1&D%S1 &!
"%C#&51&U)#(&0#$L*(#.&4*'#%&*/&Y*D#& &5?(#& 26&o$#8*&!N%$<*X&L#&9%'#('0*&0$#JX
*'"*(#X&S1.*&L*Q*&0$'"&4$%"*)&H?$#0#X&#.*&L#&%(*&(1D#5?&D(%C%&(#L1&4%/(#)#5?Q*&81C%)?
D%Q&*&L#&'?&'&"%C#&C%)%$*.*&4#4*X&L#&9*&9*.%&9%J1&L#&51&D*'*5#&B#$)#5#.%)#&*/%'"#.# 
=#.%&51&(1%9*P(#&)1'"X&0%5?&51X&)1$%)#"(%&4%&B#$)#5#.%)%D&*/)1+"#5?X&'#%4+"*%&f(1#
!*.)*?'&L#&51&0$#J&H%D#+&"10&%)%D&4$*.*0%D&9*%&4%0$+"1(&E$#/?D1&'1X&4%&0#"%.*P0%D
%9$1L?G&%L&B#$)#5#.#&EF&&
&w&   &q &m & && 

&
 ‚

&&

&

& &   
FG 
[&51'1(& 26X&A&'14"1D9$#X&%LC%)%$*.*&'?&=.1P#(*&(14%)%J(%&(#&0$#J1)1&D%.91X&L#&D%S1
4%&-#.D#<*5*&0?4*"*&(%)#<&*&L%9$%)%J<1&/#&0$'"#+0*&$#"&4$%"*)&H?$#0#&*&L#&%"?L&D%S1
(#9#)J#"*&9#.*'"1$1&[P"*)%&#.*&5#'(%&%(*&'?&%LC%)%$*.*X&L#&"%&')1&D%S1&"$19#"*&*
8*D# &H%&51&9*.%&51L(%&%L&4$)*V&$#/%P#$#8#X&0%5#&51&H%D#+&L%S*)1%&?&')%5%5
V$*+Q#('0%5&$#"%9%$(%5&4%.*"*<*X&0%5#&51&$#P?(#.#&'#&/#4#L%D&[&0%.*0%&)1Q&$#(*51&(*51&9*%
'"10#%&'?L&%&"%D&0#0%&51&'#')*D&4$%9.1D#"*P(%&?&%)%5&)1.*0%5&9%$9*&'#&(#9?5#.%D&"?$'0%D
'(#C%D&$#P?(#"*&(#&'%.*L#$(%'"&V$*+Q#('0*V&'*.#&*&(#&(10*&8*V%)&)*+*&*&L#J*&4%C.1L&(#


 

 2
'")#$*X&%(&C#&51&?9$/%&D%C#%&'"1Q*&?&L%)%J(%5&D1$*X&P*D&51&9%'#('0#&L$S#)(#&4%.*"*0#&*/
')%C&P*'"%&L1N#(/*)(%C&'"#)#&*D#.#&L#&4$1>1&?&(10?&#0"*)*'"*P0?&1"#4?&U&4#4*(%
4%'$1L%)#81&0%L&=.1"#P01&Y14?9.*01&?&0%$*'"&S1J#&9%'#('0%C&0$#J#&%'"#.%&51&?/#.?L(%
Y14?9.*0#&51&?)10&?&4$)%D&)*L?&*D#.#&'#D%&')%51X&*&"%&P1'"%&)$.%&?'01X&.%0#.(1&*("1$1'1
3#4#&51&9*%&51L*(*X&0%5*&51&%L&V$*+Q#('0*V&4%"1("#"#&*'0$1(%&S1.1%&L#&4%D%C(1&H%D#+?&`(
C#&51&(1&'#D%&V$#9$*%&*&V)#.*%&$#L*&81C%)1&%L.?01&L#&?>1&?&9%$9?X&(1C%&'1&*&/#.#C#%&/#&8X&*
?4?Q*)#%&?C.1L(#&')1+"1(#&.*<#X&L#&4%&[C#$'0%5X&;%'(*X&!$9*5*X&*&4%&L$?C*D&/1DJ#D#X
4$%4%)1L#5?&0$'"#+0*&$#"&*&L#&0?41&*&D#"1$*#.(#&'$1L'")#&/#&8&`(&51&7&'14"1D9$#
(#$1L*%X&L#&'1&(%)#<&'0?4J1(&?&-#.D#<*5*&%L&<$0)1(*V&L1'1"*(#&4%L51L(#0%&4%L1.*
D#>#$'0%D&0$#J?X&H%D#+?&*&!01(L1$91C?&3%'19#(&4#4*(&.1C#"X&U)#(&T#)#$X&L%+#%&51&$#L*
"%C#&?&-#.D#<*5?&3$1"*%&51&*/%4Q181D&*/&<$0)1&')*D#X&0%5*&(1&4%'.?+#5?&4#4*(?&$1P
3%P1"0%D&(%)1D9$#&-?9$%)#P0#&Y14?9.*0#&L#.#&D?&51&%LC%)%$X&L#&D?&(1&D%S1&4$1L#"*
"$#S1(1&(%)<1&/#&0$'"#+0*&$#"X&F
&
&&  
&&
&
FX&#.*&51X&(#
(#)#J*)#81X&?&5#(?#$?&*L?Q1&C%L*(1&*4#0&4%4?'"*.#

R.*&*&'#D&4#4#&51&)*L1%X&L#&'1&'")#$*&(1&$#/)*5#5?&%(#0%&0#0%&9*&%(&S1.1%&`L&)1.*0%C
V$*+Q#('0%C&4%0$1"#&0$%/&<1.?& 26&C%L&(1&9*&(*+"#&[&4*'D?&')%D&*/#'.#(*0?&O#0%)?
=#$V*'0%DX&4*'#(%D&2&%0"%9$#& 26X&4#4#&B#.*'"&*&'#&S#.%+Q?&*&'#&(1C%L%)#81D&C%)%$*
%&"%D&!&"%C#&51&9*%&$1+*%&L#&4%/%)1&).#L#$1&;%'(1X&[C#$'01X&3%J'01&*&K.#+01&*&L$?C1
?C.1L(1&L*(#'"1X&L#&?4?"1&?&Y*D&')%51&4?(%D%Q(*01X&0%5*&Q1&"?X&(#&0?$*5*X&)1Q#"*&%&4%V%L?&*
L%9*"*&?&#0<*5*&S*)J*&"1D4%&H$19#.%&51&L1.%)#"*&*&(#&(1D#P0%C&<#$#X&L#&(1&4$#)*&'D1"81
V$*+Q#('0*D&9%$<*D#&3%&4#4*(*D&$1P*D#X&0%C%L&(*51&9*%&'&8*D&*&'&8*D#&"#5&(*51&:$*'"%)
(1C%&R("*V$*'"%)X&*&?&"%D&'D*'.?&*&L?V?&"$19#&C%)%$*"* 
H?$<*&'?X&D1>?"*DX&9?L(%&4#/*.*&+"#&'1&%0%&8*V&/9*)#&`0%&A&(%)1D9$#&'"*C.#&51&?
-?9$%)(*0&8*V%)#&4$1"8#X&0%5#&C#&51&D(%C%&/#9$*(?.#&`(#&)1$%)#"(%&(*51&9*.#&(*&51L*(#
?4?Q1(#&(#&#L$1'?&'?'1L#&*&)#/#.#&-?9$%)P#(*&'?&$1+*.*&4%'.#"*&f'#91C?&U'#0%)*Q?X&0%C#
'?&%9#'*4#.*&L#$%)*D#X&4%'19(%C&4%'.#(*0#X&#.*&L#&"#5&(*51&L?S#(&*Q*&L#J1&%L&['0%4J#&*.*
%0%.*<1& &`)1&['0%4J1&9*Q1&)1$%)#"(%&%(%&?&5?C%/#4#L(%5&;%'(*
R.*&L%0&'1&'4$1D#%&(#&"1&9%$91&0$#J&H%D#+&51&/#&"%&)$1D1&4%0?+#%&L#&*/)1L1&L%&0$#5#&')%5#
%')#5#8#&?&%9.#'"*&H#.%)#<#&=%S1&9*"*&51&81C%)#&#0<*5#&'#&.*<*D#&9.*'0*D&9?L*D'0%D
L)%$?&*+.#&*/)1'(*D&L1.%D&*&/#&"*DX&L#&D?&'1&%"?L&%L%9$*&4$*')#5#81&H#.%)P1)1
%'"#)+"*(1&[&"%.*0%&4$1X&+"%&51&C$%N&d1J'0*&9*%&D$"#)&*&+"%&'?X&4$1D#&"%DX&%"4#L#.*&')*
$#(*5*&%9/*$*&4$1D#&81D?&\#&"?&%9.#'"&9%$*.*&'?&'1&"#L&?&C.#)(%D&'#D%&V1$<1C&*&%(&;*.%&51
4$#)%X&D*'.*%&51&%(X&L#&'1&L#L?&'.%9%L(1&$?01&81D?&0#%&/#"%P(*0?&V$*+Q#('01&'")#$*X&#&(1
V1$<1C?&0%5*&51&"?$'0*&P%)10&=.1P#(*&'?&4%'$1L%)#.*X&L#&9%$91&*/D1>?&0$#J#&*&<1"*('0*V
0#'"1.#(#&(1&*L?&91/&*/)1'(*V&/(#0%)#&L%9$1&)%J1X&51$&'?&9*.*&?)1$1(*&L#&%(1&(1&)%L1&(*P1D
\#/*$#.*&'?&*&%(*&%L&V1$<1C#X&0%5*&51X&0#%&*&0$#JX&$#/)*5#%&?&4$%.1Q1& 26&)1Q?&#0"*)(%'"&*
L%)$+#)#%&')%5&C$#L&Y#L%9*J?&9.*/?&d1"*(1X&'4$1D#5?Q*&'1&L#&4%L*C(1&*&51L#(&D%'"&(#&8%5X
0#0%&9*&4$10%&81C#&D%C#%&.#0+1&4$1.#/*"*&?&3%J*<#&R.*X&D#L#&*D&(*51&9*.%&(*D#.%&?
*("1$1'?&(#4$1L%)#81&V1$<1C%)%X&%(*&'")#$(%&(*'?&S1.1.*&(*&L#&9%'#('0*&0$#J&L%9*51&"?
<1.?&%9.#'"&!.#9*&(#'.1L(*<*&9#(#&31"$#X&0%5*&'?&'1&C$P1)*"%&9*.*&?V)#"*.*&/#&8*V&*
/#)*'*.*&%L&8*V&?&)1.*0%5&D1$*X&9*.*&'?&*D&4$*5#"(*5*&0#%&'?'1L*&(1C%&9%'#('0*&0$#JX&D#
0%.*0%&*(#P1&%L(%'*&'&8*D&9*.*&4$*5#"1J'0*&=1>?"*DX&"%&'1&'"#81&51L)#&D%C.%&%L$S#"*
!#&'"%"*(?&*/C%)%$#&V1$<1C&51&V"1%X&*D#5?Q*&S1J?&/#&"%&%L&$#(*51X&L#&4$%+*$*&')%5?&).#'"&(#
"%5&'"$#(*&T#)%L*%&51X&L#&D%$#&9*"*&#0"*)#(&)1Q&'&"%C#&L#&'4$1P*&9%'#('0%C&0$#J#X&P*5#
)%5'0#&"#D%&L1.?51&*&?")$>?51&'1&=%$#&"%&P*(*"*&*&$#L*&91/91L(%'"*&:?D#X&?&0%D&*D#&D(%C%
*/L#5(*0#X&0%5*&'?&P#0&/#)%L*.*&*&81C%)#&'*(#&K.#L*'.#)#&K*L1Q*&V1$<1C%)?&#0"*)(%'"
0$#J&51&4%P1"0%D& 2@&4%'.#%&?&=.1"01&T*0%.?&H1'"?X&L#&4%(?L*&Y14?9.*<*&4%L1.?
H#.%)P1)1&9#(%)*(1&4$1&(1C%&9*&4#.#&?&$?01&8*V%)*V&(14$*5#"1J#&-%'.1L(#X&Y14?9.*0#&51
4%(?L?&%L9*.#X&#&0$#J?&51&'#)1"%)#.#&L#&*&?&"%D&4*"#8?&4%0#S1&')%5?&%4$%9#(?&D?L$%'"
B$#J&51&?&5?.?&?/#.?L&4%(%)*%&"1&4%(?L1&=.1P#(*&'?&'#D%&*/5#)*.*&L#&S1.1X&*/&D(%C%
$#/.%C#X&L#&0$#J&(1&L*$#&?&B.*'&B(*(&51X&D1>?"*DX&)1Q&9*%&)$#Q1(&?&D#>#$'01&$?01


 

 ,
B$#J1)*&?'41'*X&?&0%.*0%&*V&51&9*.%X&%'"#.*&'?X&L#0.1X&)$.%&$1.#"*)(1&)$1L(%'"*
B#%&?&=.1<*D#X&0$#J&(*51&?'41%&(*&?&-?9$%)(*0?&Y14?9.*0#&D?&51&A7&5#(?#$#& 2@&%L9*.#
"$#S1(*&/#5#DX&%P1)*L(%&*/&4%"$191&L#&'1&(1&/#D1$*&V1$<1C?&=%SL#&51&?&)1/*&'&%)*D
9%$9#D#X&%L(%'(%&'&"1S8%D&L#&'1X&(#&%P*C.1L&"?$'01&%4#'(%'"*X&*/D*$1&0$#J&*&V1$<1CX&9*.#
*&D*'*5#&U)#(#&R(C1.*0#&`)%C#&'?&?&D#$"?&?4?"*.*&4#4#&*&#$#C%('0*&0$#J&V1$<1C?X&#&%(&51
(#&"%D&4?"?&%0%&7&D#$"#&')$#"*%&?&-?9$%)(*0
;%$91&'?&'1&(#&/#4#L(%5&C$#(*<*&;%'(1&)%L*.1&*&L#J1&T1&/(#D%&9.*S1&/#+"%X&L%+.%&51&?
4$%.1Q1& 2@&L%&$#/.#/#&*/D1>?&H%D#+#&*&9$#Q1&K.#"0%)*Q#&j#$0%&K.#"0%)*QX&?&*D1&9$#"#
U)#(*+#&*&%'"#.1&9$#Q1&*&$%>#0#X&4%L(1%&51&A&#4$*.#& 2@&D%.9?&-?9$%)#P0%5&Y14?9.*<*X
L#&*D&'1&?/&,77&41$41$#X&0%51&)1Q&L%9*5#5?&%L&81X&L#L1&5%+&,77X&4%/*)#5?Q*&'1&(#&%91Q#81&0%51
*D&51&L#.#&Y14?9.*0#&F?&'.?P#5?&L#&%(*X&4$%C(#"*&'#&')%5*V&9#+"*(#X&L%>?&L#&'"#(?5?&?
-?9$%)(*0?F&!1(#"&L?9$%)#P0*&$1+*%&51&6&#4$*.#X&L#&*D&'1&L#L1&"#&4%D%Qi&#&&D#5#
%L.?P*%&51X&L#&'1&?P*(*&4%0.%(&*&$1P*"%D&0%"%$'0%D&#$V*>#0%(?X&0%5*&51&?S*)#%&?C.1L&?
;%'(*&0#%&9*)+*&4#4*(&*/#'.#(*0X&+"%&51&$#L*%&(#&"%D&L#&*/D*$*&H%D#+#&*&U)#(*+#
K.#"0%)*Q#
H?$<*&'?&9?L(%&4$#"*.*&0$1"#8#&9%'#('0%C&0$#J#&!1L1Q*&?&K$V9%'(*&%(*&'?&D%C.*&L#&*D#5?
L%9#$&4$1C.1L&'")#$*X&#&8*V%)1&4$*'"#.*<1&?&;%'(*&C.1L#.*&'?&L#&*V&*&'#D*&(1&%'"#)1&91/
4%"$19(*V&%9#)1+"18#&\#?/1"*&?&!$9*5*X&H?$<*&*(#P1&41L1'1"*V&C%L*(#&^a&)10#&(*'?&9*.*
D(%C%&#0"*)(*&?&;%'(*&U'"*(#X&?&51'1(& 26X&0#%&%LC%)%$&(#&9%'#('0#&'4$1D#8#X&+*$*.*&'?
'1&C.#'%)*X&L#&'1&U'#91C&U'#0%)*Q&'4$1D#&4$%"*)&H%D#+#X&#.*&%L&"*V&C.#'%)#X&0%51&'?
(#$%P*"%&+*$*.*&/#&'191&?4.#+1(*&-?9$%)P#(*X&(*51&?&"#5&D#V&9*.%&(*P1C&'")#$(*51C
H1&/*D1&?D$%&51&EA&(%)1D9$#& 26G&D.#L*&D#>#$'0*&0$#J&b#L*'.#)&3%'.1&L?C*V&4$1C%)%$#
*&(1&91/&*/)1'(*V&0$*/#&*/#9$#(&51&/#&0$#J#&D.#L*&=#"*5#&B%$)*(X&'*(&'.#)(%C&5?(#0#&O#(0#
:?8#L*5#X&"10& &5#(?#$#& 2@&\#&<1.%&"%&)$1D1X&L#&51&9*.%&*&4$#)1&)%J1&/#&"%X&%&4$*4$1D#D#
/#&$#"&'&H?$<*D#&5%+&(*51&D%C.%&9*"*&%/9*J(%C&C%)%$#&;%'#('0*&0$#J&51&"%&)*L1%&*&4$1D#
"%D1&'1X&(#$#)(%X&*&$#)(#%&[9$/%X&(%)*&L%C#>#5*&?&!$9*5*&'"#)*+1&4$1L&81C#&'#')*D&(%)#
4*"#8#&*&'&"*D&?&)1/*&*&(%)&0?$'&4%.*"*01
O1L#(&*/)1+"#5&*/&;%'(1&%L&&#4$*.#& 2@&0#S1X&L#&'1&9%'#('0*&0$#J&*/D*$*%&'&H?$<*D#&*
4.#"*%&L#(#0&F && &‚ &  && && &&‚ & &
 F&M%)%$*.%&'1X&L#&'1X
')#0#0%&'&"*D&?&)1/*X&4%0?+#%&*/D*$*"*&*&'#&V1$<1C%D 


"   +   & 
3%P1"0%D& 2@&C%LX&7&5#(?#$#X&*/(1(#L#X&?D$%&51&D.#L*&'$4'0*&L1'4%"&b#/#$X&(#4?(*)+*
51L)#&C%L*(?&L#(#&')%51&).#L1&U/#&81C#&(1&%'"#L1&D?+0%C&4%"%D0#&K.#L?&4$1?/1&'.14*
81C%)&9$#"&!"1)#(&'#&b#/#$1)%D&?L%)*<%D&*&)1.*0*&)%5)%L#&=*V#*.%&R(>1.%)*Q&[&!$9*5*X
?D%$1(%5&L?C*D&9%$9#D#X&)1Q&%L#)(%&'1&91V?&'")%$*.1&L)1&L%'"#&D%Q(1&'"$#(01&O1L(#X
%C%$P1(#&(#&4%'"?401&=#>#$#&*&(#.#/1Q*&L#&9*&?&/#51L(*<*&'&H?$<*D#&!$9*5#&4%P*(?.#X&91+1
%L.?P(%&/#&4%"4?(&'4%$#/?D&'#&'?."#(%D&-$?C#X&)%>1(#&V$*+Q#('0%D&'%.*L#$(%+Q?&*&?
S1J*&L#&'#P?)#X&D#&*&4$*)*L(?&'.%9%L?&!$9*51X&91+1&/#&4%.*"*0?&'#$#L81&'&=#>#$*D#
B$#J&H%D#+&(*51&*/&4%P1"0#&)%L*%&D(%C%&$#P?(#&%&4'*V%.%+0%5&'"$#(*&D%C?Q*V&%L(%'#&'#
!$9*5%DX&(1C%&51&4%S?$*%&L#&P#'&4$1&%91/C.#)J1(%5&/1DJ*&%L?/D1&%(1&%9.#'"*X&(#&0%51&51
;%'(#&%L#)(%&4%.#C#.#&')%51&4$#)%&;*.#&51&"%&!$19$1(*<#&'#&'?'1L(*D&D1'"*D#&(#&-$*(*
]?&'?&;%'#(<*&?/1.*&9$/%X&5%+&4$1&&N19$?#$#X&'#&5%+&&'?'1L(*V&C$#L%)#


[/9?>1(*&-?9$%)P#(*X&/#9$*(?"*&/#&')%51&"$C%)<1X&4*'#.*&'?&"%0%D&#4$*.#&(#&')1&'"$#(1X&*
'?."#(?X&*&V1$<1C?X&*&D#>#$'0%D&0$#J?&R&/#9$*(?"*&'?&9*.*&'&"%C#X&+"%&8*V%)*&%L(%'*&'
0$#J1D&H%D#+1D&(*'?&9*.*&?&"%&)$1D1&0#0%&"$19#&\#&')#0*&'.?P#5&0$#J&51&"#L#X&4%+"%&51
?/1%&!$19$1(*<?X&(#4?'"*%&0%(#P(%&D*'#%&%&%N#(/*)*&4$%"*)&H?$#0#&*X&0#0%&D#.%&4$1
0#/#'D%X&4%'.#%&*D&51&L#(#0&:"1%&51&%P1)*L(%&L#&*D#&'.%9%L(1&$?01X&#&9*.%&D?&51&5#'(%X&L#&9*X


 

 6
?&"#L#+8*D&4$*.*0#D#X&')#0*&81C%)&4%0?+#5&9%$91&'&H?$<*D#&%'"#%&%'#DJ1(&*&L#&9*&'1
/#)$+*%&'#&0#"#'"$%N%D
R.*X&0#0%&51&'$4'0#&L*(#'"*5#&;$#(0%)*Q#&*/&b#/#$1)1&.*(*51&%'"#.#&91/&D?+0*V&4%"%D#0#X
81D?&51&L%+.#&(#&?D&D*'#%&L#&S1(*L9%D&')%C&'*(#&!"14#(#&'#&(#5'"#$*5%D&Q1$0%D
b#/#$1)%DX&0%5#&51&"#L&D%C.#&*D#"*&(#5)*+1&"10&(#)$+1(*V&L1'1"&C%L*(#X&'4%5*&51L(%C&L#(#
;%'(?&'#&%'"#<*D#&-1'4%"%)*(1&T#&"#5&(#P*(&9*.1&9*&4$10*(?"1&')1&C$#(*P(1&9%$91X&;%'(#
9*&L%9*.#&*&?&'(#/*X&*&?&9%C#"'")?X&*&?&4$1'"*S?X&#&L)1&(#+1&%9.#'"*&(#+.1&9*&'1X&?
'?L9%(%'(*D&L#(*D#X&(#&51L(%5&.*(*5*&H%D#+&51X&)*L1.*&'D%X&'#&S1(*L9%D&')%C&'*(#&%L#)(%
4$#)*%&4%.*"*P01&*&N*(#('*5'01&$#P?(1&O#0%)&B#.0#"1$#&5#)J#%&51&5%+&7&5?.#& 2,&?&Y*D
S1J?&0$#J#&H%D#+#X&L#&'1&4#4#&/#.%S*&0#0%&9*&81C%)&4$)%$%>1(*&'*(&L%9*%&/#&S1(?&0Q1$
(10%C&0(1/#&*.*&C%'4%L#$#&*/&U"#.*51X&#&(#$%P*"%&9*&S1.1%&0#L&9*&(1)1'"#&D%C.#&9*"*
0$#J1)'0%C&4%$10.# 3%"%D&'1&$#L*.%&L#&L%9*51&51L(?&%L&0Q1$*&D*.#('0%C&)%5)%L1
o$#(P1'0#&!N%$<1&U/C.1L#X&L#&'1&4$1C%)#$#.%&%&51L(%5&%L&(1/#0%(*"*V&0Q1$*X&0%5#&51&*D#.#
L#&L%(1'1&9%C#"&D*$#/&o$#(P1'0%&51&L#%&4$*'"#(#0&*&81C%)&*/#'.#(*0&L%+#%&51&?&;%'(?&9#+
?&P#'?X&0#L&51&0$#J&4%P1%&4$1C%)%$1&L#&L%9*51&'$4'0?&4$*(<1/?&;%51Q*&'1&L#&*/D1>?&L)1
'"%.*<1&(1&%'"#(1&(#&".*D#X&%(&(*51&V"1%&D*.#('0%D&*/#'.#(*0?&L#&0#S1&4?(?&*'"*(?&')1&L%0
(*51&?&!$9*5*&0%(#P(%&')$+*%&'")#$ &B$#J?&.*P(%X&0%5*&51&'")#$*&C.1L#%&'#')*D&*/
9.*/#X&*&)$.%&$1#.(%X&9*.%&51&%P1)*L(%&D(%C%&'"#.%&L#&D?&!"14#(&L%9*51&b#/#$1)?&0Q1$&*&'
8%DX&?&4$)*&D#VX&0#%&D*$#/&'4%$(%&4%L$?P51&'$19$1(*P01&%9.#'"*&K1Q&'1&?&#4$*.?& 2@
C%)%$*.%&%/9*J(%&%&"*D&(#D1$#D#
=1>?"*DX&'")#$*&(*'?&*+.1&.#0%&T#&!$9*5?&51&D(%C%&4%.#C#.#&*&[C#$'0#X&/9%C&81(%C&$?L(%C
9%C#"'")#&*&/9%C&81(%C&'"$#"1+0%C&4%.%S#5#&3?"&H?$#0#&?&[C#$'0?&)%L*%&51&(#50$#Q%D
.*(*5%D&0$%/&!$9*5?X&'"#$%D&V*'"%$*'0%D&D%$#)'0%D&L%.*(%D&!#D&(%)*&C?91$(#"%$
[C#$'01X&=*V#*.%&!*.#>*X&)%L*%&51&4$1C%)%$1&%&"%D&L#&(10#0%&L%9*51&!$9*5?X&#&?&"%D&C#&51
?'$L(%&4%D#C#%&0#$L*(#.&B#$)#5#.&U#0%&"*&4$1C%)%$*&(*'?&L%)1.*&L%&S1J1(%C&$1/?."#"#
%(*&'?&*4#0&4%0#/#.*&0%.*0?&)#S(%'"&4$*L#5?&=#>#$*&'$4'0%D&4*"#8?&;1/&8*V%)#
4$*'"#(0#&%(%&'1&%P1)*L(%&(*51&D%C.%&$1+#)#"*&B$#J&H%D#+&)*L1%&51&"%&5#'(%X&(#$%P*"%&%L
%(%C&P#'#X&0#L#&'1&0$#J&=#"*5#&9*%&?4?"*%&'&)%5'0%D&(#&5?C&[C#$'01X&L#&9?L1&9.*S*&!$9*5*
-#&9*&'$1L*%&%L(%'1&'&8*D&?4?"*%&D?&51&H%D#+&?&;1%C$#LX&CL1&'1&=#"*5#&(#.#/*%X&9$#"#
Y#L*)%5#X&T*0%.?&H1'"?&*&N$#&=#$*(#&0#%&')%51&4%'.#(*01&;%'#('0*&4%'.#(*<*&%91Q#.*&'?
=#>#$*D#&4?(?&%L#(%'"&*&*'0$1(?&'#$#L8?&4$%"*)&H?$#0#&T#&"%5&9#/*&L%+.%&51&L%
'4%$#/?D#
B$#J&=#"*5#&51&"$#S*%&*&L%'0%$%&L%9*%&%91Q#81X&L#&Q1&H%D#+&.*P(%&L%Q*&?&=#>#$'0?X&L#&'1
'&8*D&%95#'(*&`&"%D&51&)1Q&2&(%)1D9$#&%9#)1+"#)#%&*&')%51&4%L#(*01X&*&L%*'"#&(#&'#9%$?&?
!1C1L*(?&4%5#)*%&'1&?&5#(?#$?& 2&0$#J&H%D#+&*&"#D%&?$1L*%&')1&'")#$*&'&=#>#$*D#
3$*/(#%&51&8*V%)?&)$V%)(?&).#'"&*&4$10*(?%&)1/1&'#&H?$<*D#&\#"%&51&%L&=#>#$#&L%9*%
4$*'"#(#0X&L#&'1&-1'4%"%)*(#&?51L*(*&'&;%'(%DX&*&?/&"%&%91Q#81X&L#&Q1&C#&4%D#C#"*&?&9%$9#D#
4$%"*)&H?$#0#&3*"#81&(#'.1L'")#&H#.%)#<#&(*51&'1X&*/C.1L#X&?/*D#.%&?&4$1"$1'&H?&D?&51&'#L
'#)1"%)#%&0$#J&=#"*5#X&L#&%LD#V&4%S?$*&?&!$9*5?&*&')$+*&)1(P#81&U&L%*'"#X&'#&(#5)1Q%D
S?$9%D&4%V*"#%&51&H%D#+&?&;%'(?X&L#&'4$1D*&')1&+"%&"$19#&\#&"$*(#1'"&L#(#&'"*C#%&51&A
5#(?#$#X&?&'$1L&/*D1X&*/&!1C1L*(#&?&O#5<1&B$#J&=#"*5#&'#)1"%)#%&51&"?&9$/*(?&?&')%D
*("1$1'?&[C$%S1(&%L&<#$#&o$*L$*V#&%(&51&S1.1%&L#&(#&5?C?X&9#$&4$*)$1D1(%X&9%'#('0*&0$#JX
?L$?S1(&'#&%'"#<*D#&-1'4%"%)*(1X&'#P?)#&0%.*0%"%.*0%&"?&C$#(*<?&%L&H?$#0#&R.*&"#
'1&9$/*(#&(#D1"#.#&*&*/&L$?C*V&%9/*$#&H?$<*X&%9#)1+"1(*&'&)*+1&'"$#(#&%&%)%5&#0<*5*
9%'#('0%C&0$#J#X&'4$1D#.*&'?&'1&1(1$C*P(%&L#&51&%'?51"1&*&%(&'1&D%$#%&S?$*"*&L#&*V
4$1L?V*"$*&*&?&;%'(*&*&?&!D1L1$1)?
H%D#+&'1&(#L#%&"?$'0*D&'D1"8#D#&4%%L#)(%&O%+&?&L$?C%5&4%.%)*(*&D#5#& 2@&?4?"*%&51&%(
')%51&4%'.#(*01&?&=.1"01X&L#&*/.%S1&"#D%&%4#'(%'"*&%L&H?$#0#&`)*&'1&'4$1D#5?&(#
=#>#$'0?X&#.*&Q1&4$1&"%C#&4$%Q*&0$%/&9%'#('0%&4%L$?P51&`(&'&"%C#&D%.*&=.1P#(1&L#&D?
4%D%C(?&0#0%&D%C?X&5#)(%&*.*&"#5(%X&(%)<1D&*.*&*(#P1X&0#0%&%(*&(#>?&/#&L%9$%&=.1P#(*&'?


 

 @
D?&A&D#5#&L#.*&%LC%)%$&[4%/%$*.*&'?&C#&(#&D%Q&"?$'0?&*&"*D&*&(#&%4#'(%'"&#0%&'1&*/.%S*
8*V%)%D&?L#$<?&3#4#&'4$1D#&'#9%$&?&=#("%)*X&L#&4%0$1(1&)1.*0?&V$*+Q#('0?&.*C?&4$%"*)
H?$#0#X&4#&Q1&(#&"%D&'#9%$?&?/1"*&?P1+Q#&*&%(*&-$?C*D&$1P*D#X&'"#)*.*&'?&D?&?&*/C.1L&'#D%
9?L?Q1&#0<*51i&=.1<*&'#D*X&?&"#5&D#VX&(*'?&V"1.*&L#&4$*D1&(*0#0)1&%9#)1/1&3%'.1&"%C#X
H%D#+&'1&%9$#"*%X&D1>?&%'"#.*DX&*&-?9$%)P#(*D#X&L#&9#$&%"?L&L%9*51&(1+"%&%$?S5#
-?9$%)P#(*&'?&4$*'"#.*&2&5#(?#$#& 2X&L#&D?&L#L?&+1'"&9#.*'"#
B#L&'?&H?$<*&L%/(#.*&L#&'1&0$#J&(#.#/*&?&=#>#$'0%5&?4#.1&'?X&0$#51D&5#(?#$#X&P1"*$*
8*V%)1&)%5)%L1&*/&)$V9%'#('0%C&4%L$?P5#&*&*/&;*V%$#&?&;%'(?X&4#&'?&51&4%V#$#.*&*&%4.1(*.*
`4'1.*&'?&;%9%)#<X&?&0%D&'1&(#.#/*%&D.#L%S18#&!"14#(&H%D#+1)*QX&*&C$#L&K$#(L?0&R.*
*4#0&(*'?&D%C.*&'4$1P*"*X&L#&'1&!"14#(&"#5(*D&4?"1D&(1&*'0$#L1&*/&%4'#>1(%C&C$#L#&*&L#
(#59$S1&+"%&51&D%C#%&(1&%L5?$*&?&!D1L1$1)%&B$#J&H%D#+&5#)J#%&51&7&N19$?#$#&%&')1D?
"%D&O%)#(?&K*"1/?&%L&!$1L81X&F0%5*&51&4$*&L%'#L#+8*D&4$1C%)%$*D#&*C$#%&C.#)(?&?.%C?FX
D%.1Q*&C#&L#&'1&/#.%S*&/#&8&0%L&=#"*51&B$#J&(1&"$19#&L#&C#&%'"#)*&'#D#&?&%)%D&"1+0%D
4%.%S#5?X&4%+"%&'1&H?$<*&'&4$%.1Q#&'4$1D#5?&(#&(%)1&*&%4#'(*51&#0<*51X&(1C%&"$19#&L#&C#X
4$1D#&%91Q#8?X&4%D%C(1&*&L#&51&L?S#(&;%'(?&9$#(*"*&F(1&D#81&(1C%&')%5?&).#'"*"?&/1DJ?
[C#$'0?F
=#>#$'0*&0$#J&'#DX&?&"#5&D#VX&(*51&D%C#%&4%D%Q*&R.*&L#&'1&(#>1&(#&(1)%J*&H%D#+?&%(&51
?4?"*%X&5%+&4$1&"%C#&4*'D#X&51L(%C&')%C&4%'.#(*0#&!01(L1$91C?X&0%D1&'?&-?9$%)P#(*&@
N19$?#$#&$1+*.*&L#"*&51L(?&9#$0?&/#&4?"
\#&"%&)$1D1&'"*C.*&'?&?&!D1L1$1)%&!"14#(&H%D#+1)*Q&*&81C%)&'"$*<&Y#L*)%5&K.#L?&51
4$*D*%&&D#$"#X&#&')#L9#&51&%9#)J1(#&&#4$*.#&=.#L*&9%'#('0*&0$#J1)*Q&4%'"*C#%&51
<*JX&0%5*&51X&L#&51&L%'"*C(?"&$#(*51X&D%C#%&9*"*&%L&(1'?D8*)#&V*'"%$*'0%C&/(#P#5#
[51L*81(1&;%'(#&*&!$9*5#&5%+&L%&(1L#)(%&D%C.1&'?&4$1"'"#)J#"*&*/)1'(?&'(#C?&*&%0?4*"*
%0%&'191&$#'"?$1(1&4%51L*(<1&*&4%.*"*P01&51L*(*<1&[&%)#5&D#VX&"#5&4%"1/&(*51&)*+1&/(#P*%
(*+"#&-1'4%"%)*(#&51&9*.#&')1L1(#&(#&"$*P1"*$*&'$1/#X&:1$<1C%)*(#&*&\1"#&9*.1&'?&'#')*D
%L)%51(1&*&*+.1&')%5*D&4?"1DX&#&;%'(#&(*51&D(%C%&)1$%)#.#&(*&'#D#&?&'191&H?$'0*&/#D#V&9*%
51&(1%L%J*)&`(&51&?&%)%&)$1D1&9*%&4?(&'(#C1X&')1'"#(X&L%9$%&4$*4$1DJ1(&B$%/&<1%&;#.0#(
9*.1&'?&4%'"#)J1(1&"?$'01&%'D#"$#P(*<1&*&4%V)#"#(1&')1&)1/1&[&d#$*C$#L?&'1&')1&/(#.%&*&%
')1D?X&?'$1L'$1>1(%X&)%L*.%&$#P?(#
R0%&'1&4*"#81&!$9*51&(*51&D%C.%&$1+*"*&91/&[C#$'01&5%+&D#81&'1&D%C.%&$1+#)#"*&91/
H?$#0#&;*.%&51&)*+1&(1C%&5#'(%X&L#&H?$<*&(1Q1&(*0#0%&4$*'"#"*&L#&(#&L1'4%"'0*&4$1'"%&?
!$9*5*&L%>1&(10%&0%&9*&9*%&?&)1/*&'&8*V%)*D&4$%"*)(*<*D#&*.*&P#0&'.?S*%&0#%&8*V%)%
%$?>1&O%+&"1&C%L*(1&%(*&'?X&0#%&/#&%4%D1(?X&?/1.*&P*"#)&(*/&C$#L%)#&?&!$9*5*&*&')1.*
-1'4%"%)*(?&(#&)$.%&D#.?&%9.#'"&%0%&'#D%C&!D1L1$1)#&H%D#+&(*51&?'41%&L#&'1&(#C%L*&*&'
8*D#i&'"#81&51&"#L&9*.%&"#0)%X&L#&(*&51L(#&(*&L$?C#&'"$#(#X&(*&=#>#$*&(*&H?$<*X&(*'?
L%/)%J#)#.*&4%.*"*0?&9#.#('*$#8#&H$#S*.%&'1X&L#&'1&0$#J&5#'(%&%L.?P*'&0*D&Q1&*Q*&*&L%
0%51&C$#(*<1

B$#J&H%D#+&51&5%+& 2@&C%L&4%P1%&L#&4$*L%9*5#&/#&'191&*/)1'(?&?C.1L(?&C%'4%L?&*/&!$9*51
b%C%N1"?&!"1)#(?&Y#"0%)*Q?X&0%5*&51&'#&'$9*5#('01&'"$#(1&4$1C%)#$#%&%&S1(*L9*X&?&51'1(&"1
C%L*(1&4%")$L*%&51&')1&4$1>#+81&P#'"*&*&4%'1L1X&0%51&D?&51&L#%&L1'4%"&b#/#$X&*&?/&"%
F.%C%N1"¯'")%&)1.*0%&*&%9.#'"¯&(#L¯&<$0)#D*FX&#&?&'#D%5&;%'(*X&L#%&D?&51&77&0?Q#&FU&ã#
9%C¯&(1&L#*X&"1$&9*'D%&(1&D%C.*&%'.%9%L*"*&'$¯9¯'0%C#&C%'4%<")#&*&L%+#¨&9*&0&(#D¯&%?
(#+¯&$%?'#C¯&.%C%N1"¯&!"14#(¯&#.*&(1C%)#&L1"<#&*.*&/&C%'4%Q%D¯&L1'4%"*<%D¯&ó.1(%D¯&*&+
(1*(%D¯&L1P*<%D¯X&¨')1(¯&(*V¯&L#&D%?&C%'4%<")%&(*&¨ã1&4$*L#&%?&(#+1D¯&$%?'#C%?&')$¯V¯
¨)1V¯&'"%&0%?Q¯&*&%?P*(*&4%P"1(%?&V$#(%?&4$%"*)¯&(1C%)1&'.%?S91X&*&L#&C#&L$¯S*D&?
)'#0%D%?&4%P"1(ÛF &H%&4$*L%9*5#81&J?L*&4%'"#.%&51&4%"$19(%X&51$&51&?&!$9*5*&9*.%
.*<#X&0%5#&'?&L$S#.#&'"$#(?&'.14%C&L1'4%"#&!"1)#(#X&'$1L81C&'*(#&c?$>1)#X&*&(#.#/*.#&L#&51
L1'4%"'0%&L%'"%5#('")%&*D#.%&L#&%'"#L1&81D?&=.#L*&;%'#(#<&*&81C%)&'"$*<&*.*&'?&9$/%
L%+.*&'&%)*D&L%&$#/*.#S18#X&"#0%&L#&51&'.14*&!"1)#(&)1Q&@&#4$*.#&D%$#%&(#4?'"*"*&!$9*5?
U'"*(#X&H%D#+&51&&D#5#&4*'#%&o$#8*&!N%$<*X&*/)*8#)#5?Q*&D?&'1&$#L*&"%C#&+"%&(*51


 

 
L%+.%&L%&9$#0#&'&81C%)%D&0Q1$*X&L#&51&81C%)&'*(&F?P*81(&L1'4%"%D&%L&4$15#'(%C&C%'4%L*(#
0$#J#&[C#$'01&(#&D1'"%&81C%)#&"#'"#&4%0%5(%C&L1'4%"#&b#/#$#X&'#&'4%$#/?D%D&')*V
Y#+#(#FX
&#.*&"?&'#D%4%V)#.?&(1&"$19#&'V)#"*"*&(*&0#%&'#')*D&*'0$1(?X&(*&0#%&"#P(?
[&4$%.1Q1& 2&C%L&'#D&51&0$#J&H%D#+&4$1+#%&?&%N#(/*)?&4$%"*)&H?$#0#&[&#4$*.?&51
4$%L$%&L%&C$#L#&:%L*L51L#X&0%5*&51&9*%&4?(&(#$%L#X&4#&C#&51&4%4#.*%X&#&'"#(%)(*+")%&L1.%D
4%9*%X&L1.%D&%L)1%&?&$%4'")%&H#L&'?&'1&4$1D#&0$#J?&%"0$#)*.*&*&-?9$%)P#(*&B#L&*D&51
H%D#+&/#"$#S*%&(%)*&/#5#D&%(*&D?&C#&'&4%P1"0#X&5%+&*&?&#4$*.?X&(*'?&V"1.*&L#"*X&51$&(*51&'
8*D#&/#)$+*%&?&$1L?&$#(*51&%9$#P?(1i&#.*&'?&'1& &D#5#&*4#0&4$1L%D*'.*.*X&4#&'?&D?&C#&L#.*X
#.*&?&'%.*X&*&"%&?&%0)*$?&')%C&L#(0#&T10%.*0%&L#(#&4%"%DX&2&D#5#X&$1+*.*&'?X&L#&'1
4%+#J1&H%D#+?&*&51L(%&4%'.#('")%&'&L#$%)*D#X&)1$%)#"(%&4%)%L%D&')#L91&?&!D1L1$1)?X&*&L#
"*&L#$%)*&9?L?&?&)$1L(%'"*&L%&@77&41$41$# 
R.*&"*&L#$%)*&'"*C.*&'?&?4$#)%&?&P#'?X&0#L&51&D.#L*&9%'#('0*&0$#J1)*Q&*&(%)*&'$4'0*
L1'4%"&D%$#%&L#&91S*&*'4$1L&H?$#0#&`L&4$)%C&L#(#&5#0#&"?$0%N*.'0#&'"$#(0#&4$#)*.#&D?&51
D(%C%&(1/C%L#&`'1Q#5?Q*&%4#'(%'"*&%L&H?$#0#X&0%5*&'?&%0?4J#.*&)%5'0?&L#&L%&0$#5#&%')%51
!$9*5?X&!"14#(&H%D#+1)*Q&'1&%9$#Q#%&/#&4%D%Q&*&D#>#$'0%D&L)%$?&*&')%D&%<?&=#>#$*X
/#?/1"*&?(?"$#+8*D&9%$9#D#X&(*'?&4$1L?/1.*&(*+"#&L#&C#&'4#'?X&#&%"#<&D?&(*51&D%C#%&D(%C%
4%D%Q*&=.#L*&L1'4%"&4%$?P*)#%&51X&L#&D?&'1&P*D&4$1&4%+#J1&4%"4%$#X&51$&%(&*(#P1&(1&'D1
'#D&'#P10#"*&F'$Z9?&"%C#&>#)%.#&=#V%D1"#F
B#%&"?$'0*&)#/#.&L*C#%&51&)%5'0?&4$%"*)&;%'#(#<#&*&V1$<1C&!"514#(&L%P10#)+*&51L)#X&L#&?
-#.D#<*5*X&/9%C&/#?/1"%'"*&0$#J1)1X&L%9*51&'.%9%L(*51&$?01&\#?/1%&51&'$1L*(%D&5?(#&")$L*
C$#L&_#P)*(?&*&4%D#0#%&')%5?&C$#(*P(?&.*(*5?&L#.10%&4$1D#&'1)1$%/#4#L?

H%D#+&'1&?&"%&)$1D1&%9$#"*%&*&4#4*X&#.*&91/&?'41V#&`)#5&51&'#D%&&D#5#&4%/)#%&N$#
=#$*5#(#X&L#&0$1(1&?&'?'1L'")%&;%'(1&*&?&8?&'#D?&*&L#&%0?4*&0$'"#+1X&0%51&51&$#(*51
4$*L%9*%&*&0%51&Q1&4%(%)%&4%0$1(?"* &[&51L(%D&*/)1+"#5?&L%D*(*0#(<#&T*0%.1
;#$9?Q*5#&*/&-$#P#X&4*'#(%D&?&O#5<?&A&D#5#&"1&C%L*(1X&0#S1&'1&*'0$1(%&*&5#'(%&0#0%&51
?%4+"1&9*%&%P#5#(&0$#J1)&4%.%S#5&B$#J&51&C%)%$*%X&0#0%&D?&51&"1+0%&91/&4%D%Q*&'#&'"$#(1
)%L*"*&9%$9?&4$%"*)&H?$#0#&O1$&%(&(1D#&L#&'1&9%$*&'#D%&'#&8*D#&[&81C%)%5&/1DJ*&)1Q*(#
51&FD#(*V15#F&0%5*&)*+1&)%.1&H?$01&(1C%&0#"%.*P01&'*.1X&*&%(&'1&(1&'D1&?&9%$9*&(#&8*V
%'.%(*"*
B#L&'?&H?$<*&'"*C.*&4$1L&!D1L1$1)%X&D.#L*&*&'#D&'19*&%'"#)J1(*&L1'4%"&4$1L#%&'1&91/
9%$91&7&5?(#& 2&B$#J&=#"*5#&%4"?S*)#%&51&(#$%P*"%&L1'4%"%)#&'"$*<#&Y#L*)%5#&0#%
*/L#5*<?X&#.*&'1&(*'?&?+"1>*)#.*&4$10%$*&(*&'#D%D&!"14#(?&[&0%.*0%&*D&(*51&4$19#<*)#(#
P*'"#&*/L#5#&EP#0&*&/#&(%)#<GX&L%9#<*)#.%&*D&'1X&L#&'?&9*.*&0?0#)*<1&!"14#(?&H%D#+1)*Q?X
0#%&(#'.1L(*0?&;$#(0%)*Q#X&%L?/1%&51&0$#J&=#"*5#&)1Q&@&5?.#X&/#&0#/(?X&"%0#5'01&4%'1L1
[&'")#$*X&*&Y#L*)%5&*&!"14#(&)*L1.*&'?&L%9$%X&L#&?&'#D%D&!D1L1$1)?X&/9%C&4%<14#(%'"*X
(*'?&*D#.*&4$#)1&4%L$+01&*&P#0&(*&4?(1&'*C?$(%'"*&]*V%)#&9%$9#&91/&5#01&"?>1&4%D%Q*
9*.#&51&4%"4?(%&91/*/C.1L(#&U&0#L&"?&4%D%Q&(*'?&L%9*.*&%(*&'?&'1&?0.%(*.*X&0#%&+"%&'?&"%
?(#4$1L&*/5#)J*)#.*&H?$<*&'?&*D&%9%5*<*&*&<1.%5&L1'4%"%)%5&4%$%L*<*&L#.*&'.%9%L#(
*/.#/#0X&#.*&(*'?&V"1.*&4?'"*"*&*&C$#L'0?&?C#$'0?&4%'#L?&B$#J&H%D#+&51&9$#(*%&'*(#&*
9$#"#&C%)%$1Q*X&L#&51&4$1L#5#&?P*81(#&'#D%&*/&(1)%J1&R.*&51&0$#J&=#"*5#X&0%D1&51&4#L
!D1L1$1)#&*&4$%4#'"&!$9*51&/#L#)#.#&)1.*01&9$*C1X&%'"#%&'"#.(%&?&?)1$18?X&L#&51&4%&'$1L*
9*.#&*/L#5#&_#0&51&9*%&0*)#(&*&(#&'#D%C&H%D#+#&F`'1Q#81&')%51&0$*)*<1&L%)1.%&D?&51&'#)1'"
L%&"%C#&L#&4$%C%)%$*i&(*51&'1&D#81&9%5#%&%L&%(*VX&0%5*D#&51&0%$*'"*%&')%5%D&*/L#5%DX&0%.*0%
%L&%(*V&0%5*D#&51&+0%L*%i&"%&Q1&*'4#+"#"*F
[&%)%&)$1D1X&%0%&7&5?(#X&91+1&?D$.#&V1$<1C?&!"514#(?X&4$*.*0%D&4%$%>#5#X&*&L$?C#
S1(#&`(&51&9$/%&4$1S#.*%&*&)1Q&0$#51D&"1&C%L*(1&)%L*%&51&4$1C%)%$1X&L#&'1&%S1(*&*
"$1Q*&4?"&H$1Q#&81C%)#&S1(#X&P*51&4%$10.%&(1&/(#D%X&4$*V)#Q1(#&51&9*.#&%L&-?9$%)P#(#&?
H$'"?&*&(#&8*V%)%5&.#>*&L%4$1DJ1(#&?&V1$<1C%)?&/1DJ?&!)#L9#&51&%9#)J1(#&4%P1"0%D&D#5#
 ,7&C%L


 

 A77
T#4#L&H?$#0#&(#&!$9*5?&(*51&4$%+#%&91/&+"1"1&*&/#&'?'1L(%&9%'#('0%X&/1"'0%&*&V1$<1C%)#P0%
4%L$?P51&3%L#(*<*&9$#Q1&3#).%)*Q#&*&V1$<1C%)*&91S#.*&'?&*/&'"$#V#&%L&H?$#0#&(#
L?9$%)#P0%&/1DJ*+"1&[&(%)1D9$?& 2&%L9*.#&51&Y14?9.*0#&L*5#0?&=*%"%+?X&4%'.#(*0?
9$#Q1&3#).%)*Q#X&F4%D%Q&*&4%"4%$?FX&')#0#0%&L#&'1&(1&/#D1$*&H?$<*D#&[*'"%&)$1D1X&6
(%)1D9$#X&*/5#)*.*&'?&'#?P1+Q1&V1$<1C%)?&4%'.#(*0?&Y#L*P?&`'"%5*Q?&/9%C&4J#P01X&0%5?&'?
H?$<*&*/)$+*.*&(#&81C%)?&4%L$?P5?X&#.*&'?&'1&*&81D?&*/)*(*.*&F&  &
  F
3%P1"0%D&L1<1D9$#&$1+*.#&51&Y14?9.*0#&L#&4%(?L*&'0.%(*+"1&?&81/*(%D&C$#L?&/#&41"
?C.1L(*V&4.1D*Q0*V&4%$%L*<#&*/&H$19*8#&/#&h?9*+*Q1X&=1L)51L%)*Q1X&-#9*S*)%)*Q1X
Y#L*)%51)*Q1&*&-%9$?+0%)*Q1 
H*&"?$'0*&(#'$"#5*&(#&V1$<1C%)?&/1DJ?&L%)%>1(*&'?&?&)1/?&'#&0$#J1D&H%D#+1D&_#0&L%
4#4'01&0?$*51&L%4$.#&51&)1'"X&L#&51&H%D#+&L%+#%&?&'?0%9&'&V1$<1C%D&/9%C&4$1%"*D#8#&C$#L#
_#P)*(1&*&L#&'1X&L#&9*&C#&D%C#%&'?/9*"*X&4$*9.*S*%&H?$<*D#X&*&L#*V&51&P#0&%(&'#D&4%/)#%
4$%"*)&')%C&"#'"#&H#&51&)1'"&)1%D#&?/9?L*.#&4#4?&*&4%5#P#.#&51&$#(*51&'?D81&*&0.1)1"1&(#
;%'#(<1&+*$1(1&4%)%L%D&4#L#&!D1L1$1)#&K1Q&$#(*51X&?&.1"%&"1&C%L*(1X&4%L&?"*'0%D&4$)*V
)1'"*&%&"%D&4#L?X&%"1.#&'1&4#4*&$1P&%&F41$N*L(%'"*&9%'#('0%C&0$#J#F&!#LX&4%'.1&%)1
L%'"#)1X&%(&51&@&5#(?#$#& ,7&(#$1L*%&V)#$'0%D&14*'0%4?&L#&*'4*"#&<1.?&'")#$X&4#X&#0%&(#>1
L#&51&0$#J&0$*)X&L#&(#&8&9#<*&<$0)1(%&4$%0.1"'")%&K1'"*&"1&5#)J#.1&'?&'1&')#0#0%&*&L%<(*51X
0#L&51&4#4#&2&#4$*.#&%'1"*%&4%"$19?&L#&"?&(#$1L9?&4%(%)*&!*D%(X&D#P)#('0*&9#(&*&0#41"#(
91%C$#L'0*X&5#)J#%&51& &D#5#& ,7X&L#&51&:#'#(&4#+#&"$#S*%&%L&9%'#('0%C&0$#J#&L#&%D%C?Q*
H?$<*D#&4$1.#/&4$10%&!#)1&?&!$1D&*&)?0%)'0?&%9.#'"&*&L#&51&"%&0$#J&%L%9$*%&E& 
&

& &&&

G
&=%S1&'1&D*'.*"*&0#0%&51&%)#&)1'"&L1.%)#.#&(#&D#>#$'0%D&L)%$?&*
0%.*0%&51&4%(%)%&%C%$P*.#&=#"*5?&(#&0$#J#&H%D#+#&3%L&?"*<#51D&"*V&*&"#0)*V&)1'"*X&0%51
'?&+*$1(1&(#5)*+1&*/&=#>#$'01X&CL1&'1&%&0$#J?&)$.%&$>#)%&D*'.*.%&*&C%)%$*.%X&81C%)&51
0$1L*"&9*%X&0#0%&)*L*D%X&%'1"(%&4#%&-%".1X&0$#J&51&9#$&?&Y*D?&?)10&(#.#/*%&$#/?D1)#8#&*
4%L$+01&!#L&51&%"?L#&4#4#&3*51&IIX&6&5?(#& ,7X&4%$?P*)#%&0$#J?&=#"*5*X&L#&(1Q1&V"1"*
/#L%)%J*"*&H%D#+#X&#0%&9*&/#S1.1%&L#&L%9*51&(%)1&9*'0?41&*.*&0$?(?&*/&Y*D#X
?4%"$19J#)#5?Q*&/#&8&'"#.(%&4$10%$&*/L#51&B#$L*(#.?&B#$)#5#.?X&0%5*&51X&?&C.#)(%DX&%)#0%
(1C#"*)(%&%9#)1+"#)#%&4#4?&%&9%'#('0%D&0$#J?X&3*51&II&51&*'"%C&L#(#&4*'#%X&L#&51&*&%(&%
81D?&'"10#%&*'"%&D*+J181&0#%&*&0#$L*(#. &=1>?"*DX&H1'"#X&H%D#+1)&4%'.#(*0X
C%)%$*%&51&5%+&&5?.#& 2@&%")%$1(%&?&=.1<*D#X&')#0#0%&'&%L%9$181D&')%C&C%'4%L#$#X&0#0%
=#>#$*&(*'?&FL%9$*&'?'1L*F&!#L&51X&4%'.1&')1C#&%)%C#X&"#5&%L(%'&4%'"#%&5%+&C%$*

 
&x  & X&226,2&Y#L%(*QX&-?9$%)#P0#&#0"#&IX&26
 
&I X&2,,6
 
&I X&266@&Y#L%(*QX&'4&LX&2@
 
&~
 &^X&2i&w&¼  X&^X& @i&v&IX&22&Y#L%(*QX&'4&LX&2@@
 
&-?9$&L$S&#$V*)X&†
&vX&,6X&,
 
&~
 &^X& ,


&-?9$&L$S&#$V*)X&†
&v&‚&A
 
&¼ ÜyX&q X&#&4%'19(%D&$#'4$#)%D&&%)*D&S1(*L9#D#X&6@7&l&D%5?&$#'4$#)?X
M%L*+8*<#&^~aIIX&A


&I X& 7@


&~
 &^X&,66


&q X& 7A


&x  & X&26@@7


&s
 &&a &IIX&s&7X&A2,


 

 A7


&m&l
X&


&I X& ,&Ä&(14%)%J(%D&'"#8?&N$#81)#<#&'$&51L#(&'#)$1D1(*&*/)1+"#5&0%L&H#.%<*5#X
q X& 


&x  & X&2@2&†&(#$%P*"%&'"$&2@@



&ƒ&w X&
 &
&v 
&IaX&A7


&O%$C#&IaX&2
 
&m&l
X&6@
 
&~
 ^X&@,7
 
&I X& 
 
&-?9$&L$S&#$V*)&†
&v&‚&2X& 6@X&6X&7i&(%)#&)& 26X&‚&A 
 
&I X&‚&A2,X& 7X& @
 
&I X&‚&@7X&2
 
&=#0?+1)X&U'"%$*5'0*&'4%D1(*<*&IIX&2,&U/)1+"#5&&%L&A&N19$?#$#
 
&-?9$&L$S&#$V*)X&†
&vX&AX&


&31"#$&L1&H%D#/**'&5#)J#%&5&*/&;?L*D#&?&=.1"01X&0#0%&51&6&#4$*.#& 26&L%+#%&"#D%
51L#(&9%'#('0*&4%'.#(*0&D#>#$'0%D&0$#J?&*&4#4*(%D&.1C#"?X&#.*X&0#0%&9#+&%(&(#C.#+#)#X
(#$%P*"%&.1C#"?&`(&51&L%(1%&)1'"X&L#&'1&H?$<*&'4$1D#5?&(#&!$9*5?&*&;%'(?&`L&0$#J#&"$#S1
(101&C$#L%)1X&*&L#&?"*P?&(#&8&L)L&?&;%'(?&')1&)*+1&)0&H%D#+&'1&0%.19#%&+"#&L#&$#L*
*&D%.*%&51&.1C#"#&L#&D?&L%>1X&L#&'1&'&8*D&.*P(%&4%'#)1"?51&=#0?+1)X&'4&LX&6
 
&-&r  X&m   &
 & & &x y &^X&A&A
 
&-?9$&L$S&#$V*)&†
&vX&‚&
 
&q X& A&  &
 &IaX&6
 
&-?9$&L$S&#$V*)X&†
&vX&‚&
 
&I X&‚&7A
 
&…&z Ü X&…


‚ &„  &IIX&@ X&AA7
 
&=#0?+1)X&'4&LX&
 
&I X&AA
 
&~
 &^X&A 


&-?9$&L$S&#$V*)i&†
&vX&‚&67X&A
 
&m&l
X&AA 
 
&-?9$&L$S&#$V*)X&†
&v%X&‚&62

&~
 &^X&7@

&I X&A

&I X&2,X&A

&-?9$&L$S&#$V*)X&vX&‚&2X&7@

&!$&M.#'&†~^aIIIX&2A

&x  & X&,77
 
&l&=#0?+1)X&2i&ƒ&w&À
&ƒ &mX&„ &  & À&IX&l
&@62X&@


 

 A7


&=#0?+1)X&7 2
 
&=#0?+1)X&'4&LX&76
 
&¼ ÜyX&q X&&*&L

&=#0?+1)X&'4&LX&2

&¼ ÜyX&q X&77

&ƒ&O&À
&ƒ &mX&& X&IX&A&

&&/(#D%&4%9.*S1&'#L$S#5&4$1C%)%$#&0%51&5&#&o&!N%$<%D&)%L*%&V1$<1C&!"514#(&0$#51D
 2@&C%L&4$10%&')%5*V&4%'.#(*0#&)%5)%L1&c%$>#&Y#"0%)*Q#&*&0(1/#&c?$>#&_1D1$%)*Q#
=#0?+1)X&'4&LX&,

&T#>]#$*X&7

&-?9$&L$S&#$V*)X&†
&vX&‚&6i&x  & X&,A
 
&z&„  
X&„&
 X& @i&v&IX&2,@


&T#>]#$*X&'4&LX& 27
 
&-?9$&L$S&#$V*)X&†
&vX&‚&A,6
 
&m&l
X&A 7

&¼ ÜyX&q X& 2,&-?9$%)P#(*&'?&2&5?(#&'.#.*&C.#'(*0&4$1D#&!D1L1$1)?&*
!$19$1(*<*&L#&L%/(#5?&(%)%'"*&-?9$&L$S&#$V*)&†
&vX&‚& 

&o$#81)#P0#&4$1L#5#&4%D*81&(10*&4%0%J&N$#81)#<#&?&K*'%0%D&0& 27&C%LX&#.*&/#&8
0$*"*P0#&V*'"%$*5#&(*+"#&(1&/(#&O&w  ˆX&t  
&a
&q &7,X& A 

&l&!"1N#(%)*QX&b1"%4*'X&08&AA7X&AX&27

&¼ ÜyX&q X&7@

&-?9$%)P#(*&'?&$1+*.*&A&5?(#&L#&D?&*/5#)1&'#?P1+Q1&†
&vX&‚&2A

&I X&‚&2X& 
 
&I X&‚&@ X&@@&†&~
 &^X& ,


&T#>]#$*X&6@
 
&m&l
X& 7


 

 A7A



!")#$*&'?&/#&V$*+Q#(1&?/*D#.1&%P*C.1L(%&(14%)%J(*51&%9$"1&H?$<*&'?&')1&)*+1&+*$*.*&*
')1&5#P1&?P)$+Q*)#.*&')%5?&).#'"&[&8*V%)1&$?01&4#.#&51&=%$15#X&#&&(%)1D9$#& ,7
/#$%9*.*&'?&?&9%$9*&'#D%C&?5#0#&0$#J#&=#"*51X&=*V#*.#&!*.#>*5#X&(1'?>1(%C&L1'4%"#
!$9*51&[&'#D%5&[C#$'0%5&'"#81&51&9*.%&L%'"#&"1+0%&B$#J&=#"*5#&*D#%&51&(1&'#D%&D(%C%
4$%"*)(*0#X&(1C%&*&4$#)*V&9?("%)(*0#X&0%5*&'?&*+.*&/#&"*D&L#&C#&'$?+1&'&4$1'"%.#&;*%&51&?
%C%$P1(%5&9%$9*&'&<#$1D&o$*L$*V%D&III&*&"$%+*%&'1&?&)1.*0%5&D1$*&(#&L)#&%4#'(#&N$%("#
]1C%)*&L$S#)(*<*&(*'?&'1&?'"$?P#)#.*&4$*/(#"*&*&5#)(%X&L#&51&=#>#$'0%5&L%'"#&4$#/(*V
%91Q#8#&'#&/#4#L#&*&L#&Q1X&%'"#)J1(#&'#D#&'19*X&D%$#"*&(#4?'"*"*&%L9$#(?&V$*+Q#('")#&*
*/D*$*"*&'1&'&H?$<*D#&=.1P#(*&'?&9*.*&?)1$1(*X&L#&=#>#$*&'#D*&(1&D%C?&%L%.1"*&H?$<*D#
*&L#&51&/#&8*V%)?&4%L$+0?&4%"$19#(&+*$*&V$*+Q#('0*&'#)1/&3$*"1+81(X&'#D&0$#J&=#"*5#
4%P1%&51&*/)1'(1&4$1C%)%$1&'&H?$<*D# &;%'#('0*&0$#J&D%.*%&51&?&(%)1D9$?& ,7&?
=.1<*D#X&L#&F  & 

&  F&0%5*&(14%'$1L(%&4$1"*&0$#J?&*&;%'(*X
Y14?9.*0#&?/D1&4%L&%0$*J1&81C%)?&L$S#)?&*&L#&51&9$#(*&%L&H?$#0#X&#&#0%&"%&(1Q1X&L#&C#&9#$
4%D#S1&%$?S51D&*&J?L*D#&H$#S*%&51X&(#54%'.1X&'0.%(*+"1&/#&')%5?&4%$%L*<?&*&'191&'#D#&?
'.?P#5?&(1)%J1&`9$#Q#%&'1&=.1<*D#&%P1)*L(%&/#"%X&+"%&D?&51&4%'"#.%&5#'(%&L#&'1&/#D1$*%
=#>#$*D#&*&L#&(#&8*V&(1&D%S1&4%"4?(%&$#P?(#"*&=.1P#(*&'?&4$)?&4%(?L?&?P"*)%&%L9*.*X&#
/#&%$?S51&*&'0.%(*+"1&L#.*&'?&%91Q#8#X&0%5#&'?&'1&D%C.#&?(#4$1L&$#/?D1"*
[&Y*D?X&CL1&'1&(*51&%'1Q#%&"?$'0*&(14%'$1L(*&4$*"*'#0&*&CL1&'1&(#&'")#$*&C.1L#.%&'#
"1%$*5'0%C&C.1L*+"#X&4$1C%)%$*&=#>#$#&'&H?$<*D#&(*'?&9*.*&.14%&4$*DJ1(*X&#.*&'?&*&"?X
*4#0X&D%$#.*&L#&?/D?&'")#$*&%(#0)1&0#0)1&'?&'1&(#D1"#.1&!")#$(%'"&51&9*.#&"1+0#&*
(1D*.%'$L(#&*&(*51&P10#.#&L%0&'1&/#4#L(*&V$*+Q#(*&'0#(1&(#&(10?&%L.?P(*5?&#0<*5?&3#4#
3*51&II&4$1L?/*D#%&51X&*'"*(#X&')1&+"%&51&D%C#%&L#&0$1(1&')1"&?&#0<*5?&!#/)#%&51&9*%&*
(#$%P*"*&'#9%$&?&=#("%)*X&(#&0%D&'1&)1Q#.%&%&V$*+Q#('0%5&9%$9*X&0%5#&9*&*D#.#&"$#5#"*&"$*
C%L*(1&*&4%"4?(%&'?/9*"*&H?$01&`L$1>*)#%&51&L#&V$*+Q#('0*&0#41"#(&9?L1&<#$&o$*L$*V&*
4%/*)#%&%)%C&L#&*/)$+*&')%5?&L?S(%'"&`(&51&*D#%X&0#0%&0#S1&3#'"%$X&F š& À&‚ F&$#"&'
H?$<*D#&R.*&51&')1&9*.%&?/#.?L&B#0)#&V$*+Q#('0#&/#51L(*<#&4$%"*)&H?$#0#X&0#L&'?&'1&?
'$1L8%5&f)$%4*X&0#%&(#5J?Q*&L?+D#(*X&0$)*.*&).#L#$*&R?'"$*51X&_1+01&*&=#>#$'01&%0%
'?D8*)*V&(#'.1>#&*&.*P(%C&4$1'"*S#Ð&[&*'"%&)$1D1&N$#(<?'0#&0$#J1)*(#&9*.#&51&4$%"*)
4#4*(1&4%.*"*01&K*L1Q*&')1&"%&=.1P#(*&'?&4%'"#.*&)$.%&$1/1$)*'#(*&*&'&0$*"*0%D&'?
4$#"*.*&)1Q#8#&*&%L.?01&?&=#("%)*
e"#&'1&%(L#&D%C.%&%P10*)#"*&%L&;%'(1X&0%5#&51&9*.#&?&"1S1D&4%.%S#5?&%L&[C#$'01X&#&'.#9*5#
%L&81“&-#&'1&%(#&*/.%S*&'#D#&?L#$<?“&_1D?&'?&'")#$(%&D%C.*&4%D%Q*&"*&4$10%$*&*/&Y*D#&%
*/L#5*&*&%&(#4?+"#8?&V$*+Q#('0%C&N$%("#“&Y*D&51&*D#%&5#'#(&<*J&H*D&4$10%$*D#&*
4$1"8#D#&*D#.#&51&;%'(#&L#&'1&(#"1$#&(#&4$*9.*S#)#81&=#>#$'0%5X&0#0%&9*&'1&%5#P#%
V$*+Q#('0*&N$%("&*&4%L*C.%&'#D%?)1$181&*&?&51L(%5&*&?&L$?C%5&0$#J1)*(*&H%
4$*9.*S#)#81&=#>#$'0%5&4%).#P*.%&9*&/#&'%9%D&(#4?+"#81&')*V&*("*D(*5*V
'4%$#/?D1)#8#&'#&H?$<*D#X&4#&1)1("?#.(%&*&$#'0*L&'&8*D#&3$1L&;%'(?&'1&4%'"#)J#.%
4*"#81&?&')%5&(14%'$1L(%'"*&L#&.*&'1&/#D1$*"*&H?$<*D#X&0%5*&'?&(1&'#D%&'"#.*&(#&4$#CX&(1C%
)1Q&*&4%+.*&?/&9%'#('01&'"141(*<1X&*.*&'1&4$*L$?S*"*&=#>#$*D#&*+P10?5?Q*X&?&'.?P#5?
'0%$1&(1)%J1X&8*V%)?&*&"?>?&4%D%Q&-#&'?&/(#.*&4$#)%&'"#81&'")#$*&(1&'#D%&?&f)$%4*&(1C%&*
?&'#D%5&[C#$'0%5&8*V%)#&%L.?0#&(1&9*&9*.#&"1+0#i&#.*&%)#0%&%(*&'?&9*.*&%4'181(*
%91Q#8*D#&*&*/C.1L*D#&'&V$*+Q#('01&'"$#(1&*&(*'?&D%C.*&L#&4$%/$?&?&'")#$(%'"&U&'&"%C#&51
(#&L)%$?&')1&)*+1&?/*D#.#&D#V#&'"$?5#X&L#&'1&4%'"?4*&4%&S1J#D#&Y*D#
R&*&'#D#&;%'(#&9*.#&51&5%+&?)10&J?"%&/#)#>1(#&:1$<1C&!"514#(&9*%&51&4$*"1+81(&%L&H?$#0#
'&51L(1&'"$#(1X&#&(%'*%&'1&'&;%'#(<*D#&(#&L$?C%5&3%'.#(*0&81C%)&C%)%$*%&51&?&=.1<*D#&\
'14"1D9$#& 2X&L#&9*&_#P)*(?X&0%5?&51&4$1&%"1%&H%D#+X&V1$<1C&4$1&L#%&H?$P*(?&(1C%
81D?i&"%.*0#&51X&1"%X&9*.#&?/#5#D(#&D$S8#&-?9$%)#P0#&Y14?9.*0#&%L9*.#&51&0(1/?
K.#L*'.#)?X&'*(?&V1$<1C%)%DX&A&L1<1D9$#& ,7&F &&

 FX&%P1)*L(%&?&)1/*&'
%)*D&9%$9#D#&:1$<1C%)*&*/#'.#(*<*X&)#JL#&*/&'"$#V#X&*.*&+"%&*D&51&"$19#.%&(%)<#X&*/)1/.*


 

 A7
'?&?&5#(?#$?&*L?Q1&C%L*(1&4$10%&-?9$%)(*0#&@77&.*9#$#&'$19$#&;%$91&*/D1>?&0$#J#
H%D#+#&*&V1$<1C#&(#'"#)J#.1&'?&'1&5%+&?)10&(#&/#4#L(%5&C$#(*<*&;%'(1X&'"#.(%&/9%C
(1'$1Q(*V&4%'1L#&H#.%)#<#i&*&/9%C&4%'$1L%)#8#&H?$#0#&4$1"*.1&'?&L#&'1&*/D1"(?&?&4$#)?
0#"#'"$%N?&<1.1&L$S#)1
!#)&')1"&51&?)*>#%X&L#&"#&'*"(*P#$'0#&9%$9#&*/D1>?&8*V&L)%5*<1X&0%5#&51&C%L*(#D#&"$#5#.#&*
<$4.#&'(#C?&*&51L(%C&*&L$?C%CX&(*51&)%L*.#&(*P1D&=1>?&L$?C*D#&%'1"*.*&'?&4%"$19?&L#
4%'$1L?5?&*&=.1P#(*&]*V%)#&9%$9#X&#0%&L#J1&?'"$#51X&C%)%$*.*&'?&%(*&6&5#(?#$#& ,X
L%(%'1Q*&/#0J?P#0&?&C%$81D&'D*'.?X&/#)$+*Q1&'#D%&4$%4#+Q?&%9%5*<1X&0#%&+"%&'1&L%C%L*.%
L1'4%"?&=%$151&]*V%)#&0#)C#&D%S1X&D1>?"*DX&9*"*&%4#'(#&4%&<1%&V$*+Q#('0*&')1"X&4#X
4$*$%L(%X&*&5%+&4$1&/#&-#.D#<*5?&!&"%C#&'?&%L.?P*.*&L#&4%+#J?&51L(%C&')%C&4%'.#(*0#
%9%5*<*&*&L#&*D&"#5&4$14%$?P*&'4%$#/?D
\#&"%&)$1D1&'"*C.%&51&?&=.1"01&V1$<1C%)%&4%'.#('")%&'#&81C%)*D&4*'D%DX&0%51&51&51L#(&%L
(#5/(#D1(*"*5*V&L%0?D1(#"#&"%C#&)$1D1(#&:1$<1C?&51&9*.%&5#'(%&+"#&C#&P10#&;%.(%X&*&'#
C%$0*D&*'0?'")%DX&%(&51&C%)%$*%&%&F(1)1$(%D&4%C#(*(?FX&0%5*&51&'.%D*%&$1L%D&K*/#("*5?X
!$9*5?X&K.#+0?X&=%$15?&3$*9.*S#)#&'1&)$1D1&0#L&Q1&*&81C#&F4$%SL1$#"*F&-#&'1&%91/91L*
/#&)$1D1(#&%(&51&D%.*%&Y14?9.*0?X&L#&D?&?'"?4*&(10*&C$#L&(#&0%D&%'"$)?X&*.*&(10%&%'"$)%X
CL1&9*&'1&D%C.%&'*C?$(%&'0.%(*"*&=.1P#(*&'?&C#&,&N19$?#$#&"1+*.*&9%S5%D&4$%)*L(%+Q?
*&81C%)%D&L*4.%D#"'0%D&D?L$%+Q?X&#.*&'?&D?X&/#&')#0*&'.?P#5X&*4#0&%91Q#.*&'0.%(*+"1&(#
:)#$?&:1$<1C&51&?/&"%&D%.*%&Y14?9.*0?X&L#&'1&4$10%&51L(%C&')%C&4%'.#(*0#&/#.%S*&/#&8&0%L
3%$"1X&L#&C#&(1&4$%C%(1&'&"%.*0%D&'$Z9%D&Y14?9.*0#&D?&51&%91Q#.#&L#&Q1&"%&?P*(*"*X&0#L
9?L1&'.#.#&')%51&J?L1&'?."#(?&H?$<*&'?X&4%$?P*)#%&51&%(X&"$#S*.*&%L&81C#&(#$%P*"%
_#P)*(?X&51$&'?&V"1.*&L#&*/&81&*D#5?&D%C?Q(%'"&#0<*51&4$1D#&:$)#"'0%5&*&-#.D#<*5*X&#.*&%(
"%&(*51&V"1%&L#&?P*(*&91/&'4%$#/?D#&'&8*D#&=.1P#(*&'?&D?&/#V)#.*.*&(#&"%5&4%$?<*X&#&%(L#
'?&$#/)*.*&')%51&C.1L*+"1&%&4%"$19*&'4%$#/?D#&*/D1>?&81C#&*&0$#J#&H%D#+# &[&#4$*.?
51&9*.%&%L.?P1(%X&L#&'1&%L$1>1(*&4%'.#(*0&/#&0$#J#&*&V1$<1C#&(1&+#J1X&4%+"%&'1&F 
 
& F&L%".1&(*51&D%C#%&4%'.#"*X&#&?&"%&51&)$1D1&(#'"#.%&4*"#81&L#&.*&C#&?%4+"1
"$19#&'.#"*
&`L(%'*&?&;%'(*&*&:1$<1C%)*(*&D%$#.*&'?&9*"*&)1%D#&/#"$%)#(*X&0#L&51&?
L?9$%)#P0%D&'1(#"?&6&D#$"#&9*.%&$1+1(%X&L#&'1&0#/(*&o$#8%&H?L*+*QX&+"%&51&4$*D*%&(#
.#>?&Y14?9.*01&K.#L*'.#)#&*&K.#"0#X&'*(%)1&V1$<1C%)1&U'"*&'1(#"&4%$?P*%&51&0$#51D&#4$*.#
T*0%.*&M?(L?.*Q?&L#&%L1&?&!.#(%&*&L#&%L#".1&4$1>1&?&\#)#.?&E?&"10'"?&'1&0#S1&a  yX&"
5&K51"$1(*<#&0%L&\#)#.1G&*&'"?4*&?&)1/?&'&0(1/%D&K.#L*'.#)%DX&*&"%&%(*D&4?"1D&0%5*&D?&'1
?P*(*&F'*C?$(*5*&*&"#5(*5*F &`)#5&51&"#L#&*&%41"&9*%&L%+#%&?&'?0%9&'&%<1D
U&0$#J&H%D#+&(*51&9*%&P%)10&0%5*&9*&.#0%&%L?'"#%&%L&%)1&'*"(1&.%0#.(1&9%$91X&*#0%&51&*D#%
D(%C%&%4#'(*5*V&(14$*5#"1J#&(#&L$?C*D&'"$#(#D#&B%L&4#41&'1&S*)%&"$?L*%&*&"%&(1&91/
?'41V#X&L#&4%4$#)*&')%5&4%.%S#5&!.#%&51&*&4%'19(1&4%'.#(*01&?&Y*D&`)*&'?X&L#&%L%9$%)%J1
0?$*5?X&"$#S*.*&(%)*V&14*'0%4#&/#&;%'(?&=#>#$*&'?&)1$%)#.*X&L#&51&0$#J&"$#S*%&%L&4#41&*
0$?(?X&+"%&%)%C#&4?"#&(*51&9*%&'.?P#5&`(*&9*&9*.*&%L.?P(%&4$%"*)&"%C#X&51$&9*&?&"%D&)*L1.*
(10%&*/51L(#P*)#81&9%'#('0%C&0$#J#X&8*V%)#&)#/#.#X&'#&(%'*%<1D&0$?(1&!)&!"1)#(#
=#>#$'0*&(#4#L#5*&4$%"*)&81C#&(#&0?$*5*&*&$#(*51&*&'#L&L%.#/*.*&'?&L%9$*D&L1.%D&*&'&"%C#X
L#&'1&%'?51"*&"#&81C%)#&"1S8#&H%D#+&51&S1.1%&0$?(?&%P1)*L(%&/#"%X&L#&4%5#P#&')%5&.*P(*
4%.%S#5&*&L#&9%'#('0%5&0$#J1)*(*&?&%L(%'?&4$1D#&=#>#$*D#&L#L1&(1+"%&)*+1&/(#P#5#X&#.*
%)%C&4?"#&%(&'1&(*51&?'?>*)#%&L#&0$1(1&"%&4*"#81X&V%"1Q*&(#54$1&L#&%L#C(#&')1&'?D81&4$%"*)
'191&T#&0?$*5*&51&"$19#.%&L%'"#&)$1D1(#&L#&'1&'$<#&%"0$#)1&3#4#&51X&*'"*(#X&4%'"141(%
4%4?+"#%X&)1$%)#"(%&(#&%'(%)?&4%&0$#J#&4$*5#"1J'0*V&*/)1+"#5#&V)#$'0%C&9*'0?4#X&#.*
*/C.1L#&D#81&*/&?)1$18#X&#&)*+1&*/&4%.*"*P01&4%"$191&L#&0$#J#&4%)$#"*&(#&')%5?&.*(*5?
=#>#$'0%C&0$#J#&51&?D*$*)#%X&L#&%(&L%9$%&/(#&/#&D#>#$'01&4$1"1(/*51&(#&;%'(?&*&L#&(1&9*
(*0#L&(1+"%&%L.?P*%&4$1&(1C%&+"%&9*&'1&%&"%D&'&8*D&%95#'(*%&-#&4%5#P#&#("*"?$'0%
$#'4%.%S181&?&;%'(*X&*&L#&*D&?&'.?P#5?&(1)%J1&9?L1&%L&4%D%Q*X&4#4#&51&A&D#$"#& ,
(#$1L*%&'4.*"'0%D&(#L9*'0?4?X&L#&%LD#V&%95#)*&81C%)?&9?.?&%&0$'"#+0%D&$#"?X&#0%&9*
H?$<*&(#4#.*&9*.%&0$#J#&9*.%&V1$<1C#


 

 A72
R.*X&?'$1L&%)1&0$*/1X&H%D#+&'1&%/9*J(%&$#/9%.1%&@&5?(#&$1+1(%&51&?&-?9$%)(*0?X&L#&D?&'1X
(#&81C%)?&D%.9?X&4%+#J1&.10#$&R.*&.10#&(*51&9*.%&B$#J&51&?D$%&(1CL1&'$1L*(%D&5?.#&K1Q
2&"%C#&D1'1<#&9*&$1+1(%&?&-?9$%)(*0?&L#&'1&4%+#J1&4%'.#('")%&F& 



 &q& &l
FX&?&P*51&*D1X&0#%&4%'.#(*0X&91+1&L%+#%&=*V#*.%
Y#'"*Q 
=.1"#P0#&Y14?9.*0#&$1+*.#&51&7&#)C?'"#X&L#&*/5#)*&!"14#(?&'#?P1+Q1&$#L*&%P1)1&'D$"*&*
L#&81D?&P1'"*"#&L%.#/#0&(#&).#'"&[&*'"%&)$1D1&L%/(#.%&'1&?&81(%D&C$#L?X&L#&D.#L*&0$#J
'")#$#&'#)1/&'#&V1$<1C%D&*&0$9#)'0*D&0(1/%)*D#&4$%"*)&9#(#&3#).#&!41$#(P*Q#&*&L#&51&P#0
(#.#/*%X&L#&51&%(&?&"#5&D#V&4$1P*&(14$*5#"1J&(1C%&H?$<*X&'&0%5*D#&'1&(#L#%&.#0+1&(#C%L*"*
!"14#(P*Q&51&4%'"#%&9#(%D&0$#51D& 2&*.*&4%P1"0%D& ,7&C%L&*&*/#/)#%&51&')%5%D
#0"*)(%+Q?&')1&'?'1L1&4$%"*)&'191&=.1P#(*&'?&'#D*&4$*/(#)#.*X&L#&51&%(&L%*'"#&F

 

F&*&L#&51X&%"0#0%&51&L%+#%X&4$#)#&(#4#'"&/#&')1&'?'1L1&;%$9?&'&8*D&"$#S*.*&'?&'#L
;%'#(<*&$#L*&B.*'#X&#.*&'?&*V&=.1P#(*&D%.*.*&L#&%L&"%C&%L?'"#(?X&4%+"%&51&"%&9*%&C$#L
8*V%)1&'N1$1&*&$#(*51&8*V%)&=.1P#(*&'?&V"1.*&L#&4%'$1L?5?&*/D1>?&/#)#>1(*V&'"$#(#X
(#$%P*"%&%"0#L&*D&'1&3#).1&4%(?L*%&4%L&(10?&$?0?&/#+"*"1X&*&"%X&0#0%&51&?)1$#)#%X&4%'.1
'#)1"#&0$#J#&=#"*51X&L#&S*)*&'&8*D#&?&(#59%J*D&%L(%'*D#
=.#L*&0$#J&!"14#(&4%S?$*%&'1&%LD#VX&L#&'#&V1$<1C%D&!"14#(%D&4%4$#)*&%L(%'1&U/D*$18?
51&')#0#0%&L%4$*(1.%&"%X&+"%&'?&*D&(14$*5#"1J*X&*&9#(&3#).1&*&H?$<*X&9*.*&/#51L(*P0*X&*
+"%&51&0%L&')*VX&#&0%L&V1$<1C#&(#$%P*"%X&'"1P1(%&*'0?'")%&'&L%"#L#+8*D&$#L%D&5#'(%
?4?Q*)#.%&L#&"$19#&4%P1"*&D?L$*5*&0?$'&:1$<1C&51&S1.1%&L#&4%4$#)*&%L(%'1&'#&0$#J1D
)#JL#&5%+&*&/9%C&"%C#X&+"%&51&?&.1"%& ,&*D#%&4%(%)%&"1S*V&$#/D*$*<#&'#&'*(%D
K.#L*'.#)%DX&0%5*X&4$1D#&81C%)*D&"?S9#D#&=.1P#(*D#X&(*51&V"1%&L#&C#&'.?+#
B$#J&!"14#(&%9$#"*%&'1&*&4#4*&]1C%)%&4%'.#('")%&*/.%S*.%&51&?&Y*D?X&0#0%&51&0$#J&L%9*%
%9#)1+"18#X&L#&'1&H?$<*&*L?Q1&C%L*(1&'4$1D#5?&(#&8&*&L#&'1&%(X&')1'"#(&L#&'#D&(1&D%S1
(*+"#X&%9$#"*%&')*D#&'?'1L*D#&/#&4%D%QX&=#>#$*D#X&=.1P#(*D#&*&!01(L1$91C?&=%.*%&51
4%"%D&*&4#4?X&P*5*&51&#?"%$*"1"&"#0%&)1.*0*&FT1&"$#S*D&/.#"(*V&9$L#FX&4%$?P*)#%&51&%(X
(1C%&D%$#.(?&4%L$+0?&*&4%D%Q&]1C%)*&Q1&'1&J?L*&L$?0P*51&9%$*"*&0#L&9?L?&/(#.*&L#&(*'?
'#D*X&#&D%SL#&Q1&'1&*&'?."#(&4$1L%D*'.*"*&0#L&L%/(#&/#&/#51L(*P0*&V$*+Q#('0*&N$%("
]1C%)&%"#<&(*51&'1&%L.?P*)#%&(#&1(1$C*P(1&0%$#01&?&')%5%5&4%.*"*<*&4$1D#&Y*D?&*/&%9/*$#
4$1D#&H?$<*D#&'4%J#X&*&4$1D#&D#(*V15*D#&?(?"$#X&#.*&!"14#(X&0#%&L%9#$&0#"%.*0&%L
0$+"18#X&S1.*&*Q*&L%&0$#5#&H$#S*%&51X&'&"*D&?&)1/*X&0$?(?&%L&4#41&*&(%)1&9*'0?41
FB$?(*'#(&%L&"191&L%(1Q?&)1$?&4%L#(*<*D#X&'"$#V&(14$*5#"1J*D#F&3#4#&D%S1&L1.%)#"*&*&(#
=.1P#(1X&L#&D?&?4?"1&%$?S51&'0?4J1(%&/#&0$'"#+0*&$#"i&?&"%.*0%&4$1X&+"%&'?&*&%(*X
4%0%.19#)+*&'1&?'.1L&4%'.1L8*V&L%C#>#5#X&?)*L1.*&4%"$19?&$#"#&'&H?$<*D#&3#4#&'1X&L#J1X
D%S1&/#?/1"*&/#&8&*&0%L&=#>#$#&H?$<*&?&81C%)%5&L$S#)*&$#L1&'&4.#(%D&3%L*C.*&'?&(%)1
C$#L%)1i&#&?&*'"%&)$1D1&9?(1&'1J#01&%91Q#)#5?Q*&*D&%'.%9%>181&%L&4%'1L(*0#X&*&4%'"*S?
?'41V#&0%L&8*V&;%'(#&51&'#L&4$)#&(#&?L#$<?&T%&H?$<*&'1&(1Q1&(*&"?&/#L$S#"*&`(*&'1
'4$1D#5?&*&(#&[C#$'0?X&*&(#&-#.D#<*5?X&*&(#&B$#8'0?X&4#&P#0&*&(#&U"#.*5?&*&Y*D&F=%5&51
%"#<&4$%$10#%&")%D&4$1"V%L(*0?&T*0%.*&*&=.1P#(*D#&?L1'&d#$*C$#L#X&V$*+Q#('")%&51&(#
')%5?&)1.*0?&+"1"?&*/C?9*.%&<#$'0*&C$#LX&'1L*+"1&4#"$*5#$+*51&*&'"?4&M$P01&!#L#&5#&%&'19*
4$%$*P1D&#0%&D*&)1$?51"1&*&4%D%C(1"1&'4#+Q?&'1i&*(#P1&Q?&4$%4#'"*&#&'#&D(%D&*&L$?C*F
3#4#&3*51&IIX&0%5*&'1&'#)&/#.#C#%&/#&/#51L(*P0?&V$*+Q#('0?&#0<*5?&*&0%5*&51&)1Q&2&#)C?'"#
4*'#%&(*('0%D&9*'0?4?&T#"#.*5?X&')%D&.1C#"?&?&;%'(*X&L#&%95#)*&0$'"#+0*&$#"&*&"$#S*&(#
')1&'"$#(1&4%D%Q&/#&0$#J#&*&V1$<1C#X&S1.1%&51&%L&'$<#&L#&4%5#P#&0$#J1)&4%.%S#5&3$*'"#%&51
4%"%DX&L#&'1&!)&M$C?$&P?L%")%$#<&4%(%)%&*&'&81C%)*D&9.#C%'.%)%D&4$%C.#'*&/#&4#"$%(#
;%'(1&Y1+*%&'1X&/#"*DX&*&L#&!"14#(?&4%+#J1&0$#J1)'0?&0$?(?X&L#&9*&D?&4%5#P#%&#?"%$*"1"&*
?&/1DJ*&*&(#&'"$#(*&`(&51&%&"%D&%9#)1'"*%X&4$*$%L(%X&*&0$#J#&=#"*5?&T#&0?$*5*&'1&L%9$%
/(#.%X&L#&51&=#"*5#&9*%&)1%D#&(1$#'4%.%S1(&*&4$1D#&H%D#+?&*&4$1D#&81C%)?&(#'.1L(*0?X&#
/(#.%&'1X&*'"%&"#0%X&0%.*0%&51&%(&*('*'"*$#%&(#&"%D1X&L#&'1&9%'#('0%D&0$#J?&(1&4%+#J1
0$?(#&B$#J&=#"*5#&(*51&)1$%)#%&;%'#(<*D#&4%'.1&4$1L#51&!D1L1$1)#&`&8*D#&C#&51X&?&51'1(


 

 A7,
 ,X&)$.%&(14%)%J(%&%9#)1+"#)#%&*&V$)#"'0*&9#(&3#).1&!41$#(P*QX&'#&0*D&'?&%(*&9*.*&?
%")%$1(%D&(14$*5#"1J'")?&B$#J&!"14#(&51X&L%*'"#X&4%0?+#)#%&L#&'#&H?$<*D#&%L$S#)#&L%9$1
%L(%'1X&9#$&L%0&'1&0%.*0%"%.*0%&(1&$#/9*'"$1&4$*.*01&?&'?'1L(*D&V$*+Q#('0*D&L$S#)#D#
[&(%)1D9$?& ,&*/)$+1(%&51&?&O#5<?&')1P#(%&0$?(*'#81&!"14#(#&H%D#+1)*Q#&/#&9%'#('0%C
0$#J#&B$#J&'1&4%V)#.*%&=.1P#(*D#X&L#&51&"%&9*.%&?&'4%$#/?D?&'#&')*D&0(1/%)*D#&*
C%'4%L#$*D#&?&;%'(*&*&'#&(#5)1Q*D&%L%9$#)#81D&*&$#L%+Q?&E È& 
&
  G&`L&'"$#(1&V1$<1C%)1&4$*'?'")%)#%&51&"%5&')1P#(%'"*&'*(&D?&K.#"0%X&L#&'1&"#0%
*&5#)(%&4%0#S1&L#&51&*/D1>?&8*V&L%+.%&L%&*/D*$18#&3%&'"#$%D&%9*P#5?&(%)*&0$#J&51&"%D
4$*.*0%DX&A&(%)1D9$#X&4%")$L*%&-?9$%)P#(*D#&'"#$1&4%).#'"*<1&]1C%)#&4?(#&0$#J1)'0#
"*"?.#&C.#'*.#&51&F0$#.¯&!$¯9.1D¯X&;%'(*X&3$*D%$¯ÛX&:?D¯'<*&/1D.*X&-#.D#<**X
:$¯)#"%D¯X&-%(*D¯&B$#1D¯X&\#4#L(*D¯&!"$#(#D¯X&['%$X&!%.*X&3%L$*(¯ÛF&-%/)%.*%&51
-?9$%)P#(*D#&?&*'"%5&4%)1J*X&L#&D%C?&'.%9%L(%&*/)%/*"*&?&')%5&C$#L&')1&'$19$%&0%51&9?L1
%91.1S1(%&EF9%.#(%FG&[&%)%5&4%)1J*&51L#(&9%'#('0*&0$#J&4$)*&4?"&51&(#/)#%&O#5<1&')%5*D
F'.#)(*D&'"%(*D&C$#L%DF&!4$1D#(&L#&%9(%)*&+"%&9%J1&)1/1&'#&"%D&4$*D%$'0%D&$14?9.*0%D
0$#J&!"14#(&*D&51&%91Q#%&*'4.#"*"*&*&')1&%'"#"01&L?C%)#&')%5*V&4$1"V%L(*0#X&0$#J1)#
H)$"0#&*&H%D#+#X&*&4%'19(%D&4%)1J%D&%L&2&(%)1D9$#&4?'"*%&51&'.%9%L#(&4$%D1"
L?9$%)#P0%C&(%)<#&4%&')%5%5&L$S#)*
B$?(*'#81&51&4%).#P*.%&/#&'%9%D&*&4$*.#/#0&!"14#(%)&4#4*(%5&0%#.*<*5*&*&$#'0*L#81&)1/#
'#&H?$<*D#&H%&'?&5#'(%&%'1Q#.*&')*X&4#&P#0&*&L%5?P1$#+8*&%4+"1&4%/(#"*&"?$'0*&)#/#.*&!
"%C#&)*L*D%&L#&'1&P#0&*&V1$<1C&!"514#(&%9$#Q#&=.1<*D#X&L#&D?&?'"?41&9#.*'"$*#$#&*
4*0'*L*#$#X&L#&9*&'1&D%C#%&'4$1D*"*&(#&%L9$#(?&4$%"*)&H?$#0#&3$%+.1&C%L*(1X&C%)%$*%&51
%(X&0#L&'?&H?$<*&(#4#L#.*&81C%)?&%9.#'"X&%(&51X&%'"#)J1(&'#D&'19*X&D%$#%&L#&"$#S*&D*$&*
L%9*%&C#&51&"10&0#L&51&4.#"*%& 7777&L?0#"#&;%'#('0%D&0$#J?&=.1"#P0#&Y14?9.*0#&51&%91Q#.#
'.*P(?&4%D%QX&0#%&+"%&51&%)#&+"%&51&V1$<1C&"$#S*%i&#&%91Q#.#&D?&51&*&'.%9%L(%&'0.%(*+"1&(#
')%D&4%L$?P5?&?&'.?P#5?&L#&9?L1&*'"1$#(&*/&;%'(1&%L&H?$#0#&B$#J&51&"$#S*%X&?/&"%X&L#&9?L1
*D1(%)#(&D.1"#P0*D&4.1D*Q1D&%(&*&(10%.*0%&81C%)1&).#'"1.1X&%P1)*L(%&*&%41"&'#&"1S8%D
L#&4%)1Q#&')%5&?C.1L&*&L#&'1&%91/91L*&=%.*%&51&*&L#&D?&'1X&?&/(#0&4#S81X&4%0.%(1&L)1&0?Q1X
51L(#&?&=.1<*D#&#&L$?C#&?&\#L$?&[&'?0%9?&'&9#(%D&3#).%D&0$#J&51&S1.1%X&L#&'1&Y14?9.*0#
4%0#S1&0#%&81C%)&4$*5#"1J&*&L#&81D?&.*P(%&(1&4$#)*&'D1"8#X&#0%&9?L1&+"%&%"1%&%L&9#(#X&#
L#&9#(#&(1&4%D#S1&j1.1%&51X&(#54%'.1X&*&L#&Y14?9.*0#&4$14%$?P*&V1$<1C?X&L#&P?)#&*&4#/*
'0.%4J1(*&'4%$#/?D&'&8*D &H1&')1&S1J1&Y14?9.*0#&(*51&D%C.#&4$*V)#"*"*i&/(#D%&)1Q&?
C.#)(%D&*&/#+"%
B$#J&=#"*5#&51&9*%&)1%D#&J?"X&0#L&51&P?%&L#&51&4#4#&4%'.#%&!"14#(?&0$?(?&*&L#&'1&%(&8%D
0$?(*'#%&]1C%)#&51&(#D1$#&9*.#X&L#&'1&(#&(10*&(#P*(&4$1&"%C#&#0"#&%'*C?$#X&#&*&L#&'4#'1&')%5
4$1'"*S&`(&51&'&"%C#&"$#S*%&%L&!"14#(#&L#&D?&?'"?4*&')%51&C$#L%)1&(#&"?$'0%5&C$#(*<*
!"14#(&51&?+#%&?&4$1C%)%$1X&L#&9*&)*L1%&L%0.1&*L?&/#V"1)*&*&L%0&0$?(*'#81D&(1&?")$L*&')%5
4%.%S#5&*&?(?"$#&*&'4%J#
B$?(*'#81&9%'#('0%C&0$#J#&%")#$#.%&51&(1&'#D%&4*"#81&9%'#('01&4%.*"*01X&(1C%&<1.%C
4%.%S#5#&;%'(1&?%4+"1&O%+&0$#J&H%D#+&51&*D#%&S*)?&S1J?X&L#&'"#)*&(#&C.#)?&4%'19(?
9%'#('0?&0$?(?&\(#%&51X&L#&D?&51&=#>#$*&(1Q1&.#0%&L#"*X&L#&(1&9*&"*D&*'"#0.*&)1Q*&/(#P#5
9%'#('0%C&0$#J#X&0%5*&51&9*%&8*V%)&)#/#.&*&?&(10?&$?0?&(10*&8*V%)&(#D1'(*0&'&0$#J1)'0%D
"*"?.%D&`(&'1&'&"%C#&%9$#Q#%&'&*'0$1(%D&4$*)$S1(%+Q?&4#4*X&51$&D?&51&%(&51L*(*&D%C#%
*'4?(*"*&S1J?&*&51$&51&%(&51L*(*X&*'"%&"#0%X&D%C#%&?9.#S*"*&%4%/*<*5?&D#>#$'0%C&L)%$#&=*
L#(#'&/(#D%X&L#&51&0$#J1)#&S1J#&?&Y*D?&9*.#&(#P1.(%&4$*V)#Q1(#&\#.#C#%&'1&/#&8?&')%D
1(1$C*5%DX&?&*("1$1'?&<$0)1X&4#4*(&L1.1C#"X&V)#$'0*&9*'0?4&H%D#&O%+&C%L& ,&9*.#&51&(1
'#D%&*/$#>1(#&%L&/.#"#X&%0*Q1(#&'$19$%D&*&L$#C*D&0#D181DX&0$#J1)'0#&0$?(#&/#&H%D#+#X
(1C%&'1X&+"#&)*+1X&(#.#/*.#&?&(14%'$1L(%5&9.*/*(*&;%'(1X&?&'4.*"'0%5&<$0)*&!)&-?5D#&`(#
51&*D#.#&9*"*&4$1L#(#&H%D#+?&F?&*D1&*&%L&'"$#(1&(#5')1"*51C&C%'4%L*(#&(#+1C&4#41
4$15#'(%D&0$#J?&;%'(1F
&-#&.*&D?&51&"#&0$?(#&9*.#&*&4$1L#(#&(1&L#&'1&?")$L*"*i
0$?(*'#8#X&0#0%&/(#D%X&(*51&9*.%&!)#0#0%&'"%5*X&L#&0$#J&"%D&4%.*"*P0%D&%$*51("#<*5%D&(1


 

 A76
9*&L%9*%&[&'"*'<*&*/D1>?&H?$#0#&*&=#>#$#&4#4'0#&4%D%Q&(1&9*&D?&D%C.#&9*"*&%L
(14%'$1L(1&4$#0"*P(1&0%$*'"*&`(#&51&D%C.#&0%$*'"*"*&81C%)%5&.*P(%5&#D9*<*5*X&L#
0$?(*'#81D&(1+"%&L*C(1&')%5&?C.1LX&'#&?)1$181D&L#&9*&"%&D%C.%&4%5#P#"*&*&81C%)
'#D%'"#.(*&'"#)i&#.*&"%&'?X&?&'")#$*X&9*.1&'#D%&"#+"1&(#L1&B$?(*'#81&9*&'#D%&*/#/)#.%&)1Q#
4%L%/$18#X&0#%&+"%&'1&"%&'")#$(%&*&L%C%L*.%&=#>#$*&(*'?&)1$%)#.*&(*&H%D#+?&(*&!"14#(?i
?&%)%D&#0"?&%(*&'?&C.1L#.*&'#D%&"1S8?X&L#&'1&%(&%L)%5*&%L&8*VX&L#&9*&4%+#%&(10*D&')%5*DX
8*D#&(1&?)10&'*C?$(*DX&4?"1DX&H?$<*&'?&%41"&?&"%D&C.1L#.*&!"14#(%)%&%$*51("*'#81&4$1D#
/#4#L?&*&(#.#/*.*&'?X&L#&*&;%'(?X&0#%&*&!$9*5?X&"$19#X&?0*(?"*&0#%&'#D%'"#.(?&L$S#)?X&L#&9*
*D#.*&P*'"?&'*"?#<*5?&*&L#&(1&9*&'&"1&'"$#(1&/#/*$#.*&%L&?L#$<#&?&9%0
b&H#.%<*&L%9$%&*/.#S1X &L#&51&?C#$'0*&0$#J&F*('"*(0"*)(%&%V.#L*%&/#&'?L9*(?
?

&;%'(1X&51$&51&%'51"*%&S#.#<X&#.*&4$%"*)&4#41X&0%5*&D?&51&9*%&%'.%(%D&?C$%S1(1
0$#J1)'01&D%Q*&'#&'"$#(1&'?'51L#X&(*51&D%C#%&*'"?4*"*&3$*"#5*%&51&4$1"V%L(%&')%5&C81)X&#.*
51&?V)#"*.#&?&81D?&0.*<1&D*'#%X&L#&(#&"#5&(#P*(&(1&D%S1&9%'#('0%&4*"#81&L%Q*&(#&/1.1(?
C$#(?F&3#4#&51&9*%&')1'"#(X&L#&Q1&'1&=#"*5#&%'1Q#"*&?)$1>1(*DX&4#&51&%LD#V&4%$?P*%
9%'#('0%D&0$#J?X&L#&D?&?4?"*&4%'19(%&4%'.#('")%&*&L#&'1&4%"$?L*&L%Q*&'&8*D&L%
4$*5#"1J'0*V&%L(%'#&[&*'"%&)$1D1&*&%(&51&'#D&4*'#%&=#"*5*&*&(#'"%5#%&51X&L#&C#&?D*$*&*
?)1$*&L#&51&')1&"%&'#D%&?&*("1$1'?&%4+"1&V$*+Q#('01&'")#$*&3%$?P*)#%&51&*&0#$L*(#.?
B#$)#5#.?&*&)#$#L*('0%D&9*'0?4?&O%)#(?&K*"1/?X&L#&?"*P?&(#&0$#J#&?&"%D&'D*'.?
=#"*5#&51&*&L#J1&%'"#5#%&(14%)1$J*)X&#.*&(1&*&(1'0.%(&/#&'4%$#/?D&3$%"*)&9%'#('0%C&0$#J#
%(&51&*D#%&*&5%+&51L#(&$#/.%C&H%&51&81C%)#&#0<*5#&4$%"*)&9#(#&3#).#&!41$#(P*Q#X&0%5#&'1
(#'"#)J#.#&<1.%&)$1D1&R0%&0$#J&!"14#(&D*'.*&.%5#.(%X&/#+"%&$#L*&(14$*5#"1J'0*&(#&"%5
'"$#(*X&0#L&/(#&L#&51&"%&4%L$?P51&0$?(1&!)&!"1)#(#“&R&!"14#(X&L%*'"#X&(*51&V"1%&L#&4$1'"#(1X
(1+"%&+"%&51&"%&9*.%&(#'.1>1(%&(14$*5#"1J'")%&0%51&51&L%9*.%&*&5#01&.*P(1&%+"$*<1X&#
(1+"%&*&/9%C&V1$<1C#&!"514#(#X&?&0%C#X&4%$1L&')1C#&*/D*$18#X&5%+&(*51&*D#%&4$#)1&)1$1&R0%
9*&%(&*&4$10*(?%&9%$9?&D%S1&51&(#'"#)*"*&'#D&V1$<1C&*&%5#P#"*&'1&"#D%&4%'$1L(%&*&(#
81C%)?&+"1"?&U&4%$1L&')*V&%4#'(%'"*X&0%51&'?&"#0%&%P*C.1L(%&4$1L'"%5#.1X&(#+1&L*(#'"1&'?
)%L*.1&4%.*"*0?&'*"(1&5#CD1&*&"$%+*.1&'(#C?&/#&L%9*"01X&0%5*&'?&?&'")#$*&/(#P*.*&)*+1
+"1"?&!")#$#.*&'?&%0%&'191&*&*/D1>?&'191&#"D%'N1$?&(14%)1$18#X&/#'1L1&*&S1>*&/#&%')1"%DX
0%5#&*V&51&.*+#)#.#&')*V&?'.%)#&/#&*'0$1(?&'#$#L8?&*&/#&4%.*"*0?&+*$*V&0%(<14<*5#
T#&4#4*(%&(#)#J*)#81X&*&(#&4$1"'"#)01&9%'#('0%C&0$#J#X&=#"*5#&51X&(#&4%'.1"0?X&4$*'"#%&L#
'1&D*$*X&*#0%&51&(#.#/*%&L#&51&0?$*5#&9$/%&*&L%'"#&%.#0%&4$1+.#&4$10%&"1+0*V&C$1V%)#
;%'#(P1)*V&[&;?L*D?&'1&(#$%P*"%&/#D1$#.%&+"%&51&9*%&%9*>1(&8*V%)&L)%$X&%L&0%C#&4%"*P1
F& 
FX&F')1&4$#)%FX&9%'#('0%C&0$#J1)'")#&B$#J&!"14#(&(*51&%L$S#%&(*&')%51&$1P*X&L#&Q1
4$1L#"*&=#>#$*D#&(101&%L&')%5*V&C$#L%)#&(#&"?$'0%5&C$#(*<*&=#>#$'0*&'"#)&*/$#/*%&51
=#"*5#&?&%LC%)%$?&4#4*&)$.%&5#'(%&(1&D%S1&0?$*5#&L#&L%(%'*&"#0%&)#S(1&%L.?01&%&;%'(*&91/
'4%$#/?D#&'&8*DX&(*"*&D%S1&L#&(14%'$1L(%&)%L*&4%'.%)1&'&;%'(%DX&0%5#&51&8*V%)&)#/#.
3%+"%&51&"%&(#C.#'*%&*&4%'"#)*%&'")#$*&(#&')%51&D1'"%X&%(&51&4$*'"#%&L#&'1&D*$*&d1(#&51
5#'(#&;%'(#&'1&D%$#&'D#"$#"*&0#%&4%L$?P51&?C#$'01&0$?(1X&#&9%'#('0*&0$#JX&*&4%'.1&')%C
0$?(*'#8#X&D%$#&%'"#"*&D#>#$'0*&)#/#.&H#0%&51&0$#51D&D#5#& ,&.*0)*L*$#(&*&"#5&'4%$
\#&"%&)$1D1&)%>1(*&'?&(#&9?L*D'0%D&L)%$?&*&4$1C%)%$*&*/D1>?&=#>#$#&*&*/#'.#(*0#&0$#J#
!"14#(#&*&V1$<1C#&!"14#(&51&4$*/(#%&)$V%)(?&).#'"&=#"*5*(?&*&4$*'"#%&51&L#&D?&*&(%)P#(%
4%D%C(1X&L#&9*&D%C#%&%"0?4*"*&%L&(1D#P0%C&<#$#&0$?(?&!)&!"1)#(#X&/#&0%5?&'1&*D#.%&4.#"*"*
@7777&L?0#"# &-#&$#/9*51&')1&'?D81&%&')%D&%L(%'?&4$1D#&H?$<*D#&%"0#/#%&51&*&'?."#(?
4.#Q#81&L#(0#&O1L#(&D.1"#P0*&*/)1+"#5&%L&&5?(#& ,&0#/?51X&0#0%&'?&'1&H?$<*&?&"%&)$1D1
'4$1D#.*&4$%"*)&K.#+01&*&0#0%&'1&K.#'*&(#L#5?X&L#&Q1&'1&D%Q*&%L$S#"*&'1&4%D%Q?&0$#J1)#
D#>#$'0%C&*&9%'#('0%C&\#&%)%C&'1&"?&*/$1P(%&)1.*X&L#&51&F & && &¼ F
;%'#('0*&)1.*0#+*X&0#%&*&'#D&0$#JX&%'1Q#.*&'?X&L#&#0"&0$?(*'#8#&D%S1&L%(1"*&*/)1'(1
4%"$1'1&K*L1.*&'D%X&L#&'?&'1&*&0$#J&*&V1$<1C&%9$#Q#.*&?&=.1"01X&L#&"$#S1&4%D%Q*&*
%'*C?$#5?&'0.%(*+"#&-$?C*&'?&'1&%9$#Q#.*&-?9$%)#P0%5&Y14?9.*<*&`)#&51&?&/*D?& ,
C%L&%L9*.#&/#5#D&)%5)%L#D#&H)$"0?&B%)#P1)*Q?&*&31"$?&3#).%)*Q?&_#0&51&A&5#(?#$#& ,


 

 A7@
%L9*51(&"$#S1(*&/#5#D&%L&777&L?0#"#&*&9%'#('0%D&0$#J?&[&N19$?#$?X&L#&9*&'1&L%+.%&L%
(%)<#X&(?L*.*&'?&(#&4$%L#5?X&?&*D1&V1$<1C%)%X&Y#L*(&M%'"&*&3$*9*'#)&d$14%)*Q&K?0%"*Q
-?9$%)#P0%5&Y14?9.*<*&(1$1")#('0?&<#$*(?X&#.*&'1&(*'?&D%C.*&4%C%L*"*&/#&<1(?&Y14?9.*0#
51&L#)#.#&'#D%&777&41$41$#&3%P1"0%D&5?(#&%L9*.*&'?&L#&?'"?41&31"$?&3#).%)*Q?&FD#5'"%$#
/#&9%D9#$L1&*&9#.*'"1FX&%P1)*L(%&*/&'"$#V#&%L&H?$#0#&R&%)*&'?&*DX&*4#0X&4%V)#"#.*&*
/#")%$*.*&"1&C%L*(1&D(%C1&"$C%)<1&4%&H?$'0%5
T#&/#4$14#+Q181&')1C#&V$*+Q#('0%C&')1"#&L%9*.#&51&9%$9#&*/D1>?&V1$<1C#&*&81C%)#&'*(#
K.#L*'.#)#&4%(%)%&)1.*01&*&)$.%&%4#'(1&$#/D1$1&U&"%&?&P#'?X&0#L&51&V$*+Q#('0#
'%.*L#$(%'"&9*.#&4$14%$?P*)#(#&'#&')*V&'"$#(#&e"#&51&%)%C&4?"#&L%)1.%&L%&"%.*01
/#%+"$1(%'"*&(*51&4%?/L#(%&4%/(#"%X&#.*&')#0#0%&(*'?&9*.*&4%&'$1L*&'#D%&4%$%L*P(*
$#/L%$*X&0#%&?&4$)%D&'?0%9?&K.#L*'.#)&51&%)%C&4?"#&%"*+#%&'?."#(?&*&)1$%)#"(%&%4"?S*)#%
%<#&/9%C&4$1C%)%$#&(#&9?L*D'0%D&L)%$?&*&$#L#&(#&/#51L(*P0%5&V$*+Q#('0%5&'#$#L8*&!?."#(
51&L#%&K.#L*'.#)?&"?$'0?&)%5'0?X&L#&0$1(1&(#&%<#&:1$<1C%)&?"*<#5&(#&3%$"*&9*%&51&4%"4?(%
4#%i&81C%)%&"%.*0%C%L*+81&4$*'"#5#81&?/&H?$01&*&$#L&'&8*D#&(*'?&)*+1&9*.*&?/*D#(*&?
%9/*$&K.#L*'.#)&51&"$#S*%&L#&'1&81D?&?'"?4*&4%.#&:1$<1C%)*(1X&#&H?$<*&'?&*'0#.*&77777
L?0#"#&*.*&"$*&C$#L#&D(%C%&4%D*8#(?&_#P)*(?&(#&/#4#L?&*&L)#&C$#L#&0%L&H$19*8#X&=*Q1)#<
*&B.%9?0&!1D&"%C#&'?."#(&51&"$#S*%X&L#&V1$<1C&4$10*(1&')1&)1/1&'#&=.1<*D#&*&4#4'0%D
0?$*5%D&3%'19(*D&4*'D%D&?4%/%$*%&51&'?."#(&-?9$%)P#(1X&L#&51&4$*V)#"*%&K.#L*'.#)#&*
L#%&D?&Fã%&4%*'0#&¨L¯&/1D.51&%P*(1F&T#L#5?Q*&'1&"?$'0%D&(#4#L#5?&V1$<1C&51&5%+&?&5?.?
"$#S*%&4%D%Q*&0%L&=.1P#(#&T14$*5#"1J'")#&'?&4%P1.#&0$#51D&#)C?'"#&-?9$%)#P0#
Y14?9.*0#&$1+*.#&51&&'14"1D9$#&L#&/#L$S*&')%51&"$C%)<1X&L#&(1&*L?&4$10%&?(?"$#+8%'"*
`LD#V&4%"%D&4%P1.1&'?&L#&91S1&(#&L?9$%)#P0%&".1&V1$<1C%)#P01&4%$%L*<1X&*/D*P?Q*&*'4$1L
H?$#0#&:1$<1C&51&4%0?+#%&L#&'1&%L?4$1&'*(?&*&H?$<*D#X&#.*&51&0%L&3.1)#J#X&(#
;$1/(*<*X&4$1"$41%&4%$#/&[&-?9$%)(*0?X&)*L1Q*&%4#'(%'"&*&4%&Y14?9.*0?&'#D?X&$1+*.*&'?
L#&L%/)%.1&4%"#5(%&'(#9L1)#81&V1$<1C#&*&81C%)*V&C$#L%)#&'#&8*V%)#&4%L$?P5#X&4#&P#0&L#
D%S1&%"?L&?/*D#"*&*&J?L1&O#(?#$#&7& ,A&9*.%&51&%L.?P1(%&?&!1(#"?X&L#&'1&4$1L?/D?&')1
D1$1&/#&%L9$#(?&*&'*C?$(%'"&'#D%C&-?9$%)(*0#&*&!"%(#&B$#51D&"%C&D1'1<#X&6X&%L%9$1(&51
'.%9%L#(&4$%.#/&/#&V1$<1C#X&81C%)?&S1(?X&'*(%)1&K.#"0#&*&D#.%C&!"14#(#X&*&/#&L)%$'0?
P1J#L&!#&"1+0%D&D?0%D&?'41.%&51&4$*5#"1J'0%D&4%'$1L%)#8?&-?9$%)P#(#&*&=.1P#(#X
L#&'D*$1&K.#L*'.#)#&*&L#&D?&V1$<1C&?'"?4*&P1")$"*(?&/1DJ1&R.*&"?$'0?&(#4#'"&"%&)*+1
(*51&D%C.%&L#&%"0.%(*
B$#51D&5#(?#$#& ,A&C%L&'"*C.%&51&?&-?9$%)(*0&4%'.#('")%&0$#J#&!"14#(#&*&V1$<1C#
!"514#(#&`(%&51&L%+.%&"?&'#&(#D1$%DX&L#&4%0$1(1&*&-?9$%)(*0X&L#&')*&/#51L(%&%L?&0$#J?
=#"*5*&*&*/.%S1&D?&)1'"*&%&(14%'$1L(%5&"?$'0%5&%4#'(%'"*&-?9$%)P#(*X&%4$1/(*&*&'?)*+1
?/L$SJ*)*X&(*'?&V"1.*&L#&'1&4$*L$?S1X&*/)*8#)#5?Q*&'1&(#&$#/(1&(#P*(1&3$*'"#.*&'?&'#D%X
L#&L#L?&4$1)%/(#&'$1L'")#&9%'#('0*D&4%'.#(*<*D#&L#&%L?&L%&!01(L1$91C#&U&0$#J&*
V1$<1C&D%C.*&'?&)1$%)#"*X&L#&Q1&-?9$%)P#(*&9*"*&4$1L?'$1"J*)*5*X&4%+"%&'?&D%C.*&'#/(#"*
L#&'?&'1&H?$<*&'4$1D#.*&*&4$%"*)&8*V&*&/)#.*&P#0&*&V1$<1C#&?&'#$#L8?X&#.*&L#&%(&(*51
4$*'"#5#%&=1>?"*DX&-?9$%)P#(*&'?&9#+&/#"%&+"%&'?&L%/(#.*&L#&9*&*&%(*&D%C.*&9*"*
(#4#L(?"*X&4%'"#.*&5%+&)*+1&%9#/$*)*
:1$<1C&51&%9#)1'"*%&*&=.1P#(1&%&"?$'0*D&4$*4$1D#D#&`)*&'?&S1.1.*&L#&9?L?&%L&*/)1'(1
0%$*'"*X&(1&*/.#S?Q*&'1X&*4#0X&D(%C%&3%$?P*)#.*&'?&V1$<1C?&L#&(1&L#&H?$<*D#&"$#S1(*V
(%)#<#X&(1C%&L#&*V&4$*P?)#&/#&'191X&51$&D?&D%C?&/#"$19#"*&R&'#)1"%)#.*&'?&D?&*'0$1(%X&L#&'1
'4%$#/?D1&*&P)$+Q1&)1S1&'&0$#J1D&!"14#(%DX&51$&Q1&'#D%&'#&?L$?S1(*D&'(#C#D#&*D#"*
*/C.1L#&/#&?'41V&?&9%$9*

H?$'0*&?4#L*&?&;%'(?&(*'?&4%P1.*&(1(#L#(%&B$#J&!"14#(&51&9*%&%9#)1+"1(&L%'"#&$#(%&%
8*V%)*D&4$*4$1D#D#X&*'"%&0#%&*&V1$<1C&`)*&'#'"#(<*&?&-?9$%)(*0?X&?&5#(?#$?&D1'1<?X
?'$1L&/*D1X&*&"$#S181&L%L*$#&'#&!01(L1$91C%D&(*'?&9*.*&'.?P#5(*&K1Q&?&N19$?#$?&D1'1<?
0$#J&51&?4?"*%&')%51&4%'.#(*01&?&=.1"01X&L#&"#D%&5#)1&0#0%&'1&H?$<*&(#&4$%.1Q1&'4$1D#5?
4$%"*)&;%'(1&*&:1$<1C%)*(1&K1$%)#"(%&L#&4%"#0(1&=.1P#(1&(#&#0"*)(*5?&4%D%QX&%(&51


 

 A7
5#)J#%&5%+&*&"%X&L#&Q1X&4%0%$*)+*&;%'(?X&4$%)#.*"*&*&(#&D.1"#P0%&4%L$?P51X&')1&L%&U'"$1&`
')1D?&"%D&%(&51X&?&*'"%&)$1D1X&%9#)1'"*%&*&4#4?&=.1P#(*&'?&@&N19$?#$#&%LC%)%$*.*X&L#
%(*X&*#0%&'?&?&D*$?&'&H?$<*D#X&*4#0&'4$1D#5?&D%Q(?&N.%"?&3%"$19(%&51&L#&V$*+Q#('01
'(#C1&9?L?&?51L*81(1&!&"%C#&'?&4%V)#.*.*&0$#J1)?&'4$1D(%'"&L#&*'"?4#&/#51L(%&'&V1$<1C%D
*&%'"#.*D&V$*+Q#('0*D&C%'4%L#$*D#&3$14%$?P1(%&D?&51&9*.%X&'#')*D&4$*$%L(%X&L#&'1
%9$#"*&*&0$#J?&=#"*5*&T#&4#4'0%5&0?$*5*&D.1"#P0*&4%'.#(*0&Q1&4%L?4$1"*&9%'#('01
4$1"'"#)01X&L#&9*&"#0%&!"14#(&%'1"*%&0#0%&?&%)%D&"1+0%D&P#'?&*D#&V$*+Q#('01&'?'1L1
'4$1D(1&L#&C#&4%D%C(?&[&*'"*&D#V&=.1P#(*&'?&L#.*&0$#J?&*&(1+"%&%$?S5#&*&4%"$19(1
D?(*<*51 
3%P1"0%D&D#$"#&"?$'01&'?&P1"1X&(#'"#)J#5?Q*&4$%+.%C%L*+8?&#0<*5?X&?4#.1&4%(%)%&?
:1$<1C%)*(?&-?9$%)P#(*&'?&%LD#V&4$1L?/1.*&D1$1&L#&/#+"*"1&')%51&4%L$?P51&T#&L#(&2
D#$"#&!1(#"&51&L%(1%&%L.?0?&L#&4*+1&T1$1"J#(*D#X&L#&'1&D%C?&4%)?Q*&?&!"%(&F/9%C&'"$#V#&%L
H?$#0#X&0%5*&'?&?+.*&&V1$<1C%)?&%9.#'"F
&-)#&L#(#&4%"%D&%(*&'?&?4#.*&*&?&;%'(?
EF  

&l
FG&;*.*&'?&"%&*/)*L(*P0*&%L$1L*&'4$1DJ1(*X&4%&'"#$%D&"?$'0%D&%9*P#5?X
L#&*/#/*)#5?&'"$#V
[&*'"%&)$1D1&)$#"*.*&'?&'1&*/&R.9#(*51&9%'#('0*&4%'.#(*<*&?&-?9$%)(*0X&%L#0.1&'?&4$10%
!4.*"#&9*.*&?4?Q1(*&0?Q*&`(*&'?&L%(%'*.*&!01(L1$91C%)%&%91Q#81X&L#&Q1&4%D%Q*&'
)%5'0%D&V1$<1C?&T#&%'(%)?&"%C#&V1$<1C&51&%LD#V&/#D%.*%&=.1P#(1X&L#&L%/)%.1&4$%.#/
#.9#('01&)%5'01&4$10%&8*V%)%C&4%L$?P5#&`)*&'?&*/L#.*&?4?"'")#&'0#L#$'0%D&0#41"#(?&*
%'"#.*D&).#'"*D#&L#&"%&L%4?'"1X&#.*&51&"#&(#$1L9#&L#"#&)*+1&%L&+1'"&(1L1J#&*/#&4$)1&D%.91
V1$<1C%)1X&"10&,&#4$*.# 
[&;%'(*&*&:1$<1C%)*(*&4$1L?/*D#.%&'1&')1&+"%&'1&D%C.%X&L#&'1&/1DJ#&'4$1D*&/#&%L9$#(?
3$)*&4?"&?&V*'"%$*5*&"*V&/1D#J#&')1&'?&'1&C.#)(1&.*P(%'"*&9*.1&'.%S*.1&/#&/#51L(*P0?
#0<*5?&_#0&'1&'D*$*%&*&%LD1"(*0&*/&4$%+.1&51'1(*X&0(1/&K.#L*'.#)&:1$<1C%)*Q&]1C%)%D
4%'.#(*0?X&0%5*&51&*+#%&0$#J?&!"14#(?X&L#.*&'?&-?9$%)P#(*&51L(?&.#>?&L%&!4.*"#&-#&9*
L%9*%&)*+1&'$1L'"#)#&?4?"*%&51&0$#J&?&#4$*.?&L)#&')%5#&4%'.#(*0#&?&-?9$%)(*0X&!"1)#(#
.%C%N1"#&*&-%9$0#X&D%.1Q*&L#&D?&'1&*'4.#"*&?%9*P#51(*&L%V%L#0&*&L#&D?&'1&L#L1&(1+"%
?(#4$1L&-?9$%)P#(*&'?&&#4$*.#&$1+*.*X&L#&D?&'1&*'4.#"*&'#D%&/#&%(%&)$1D1&0%51&51
4$%+.%X&#.*&D?&?(#4$1L&(*'?&V"1.*&L#"*&(*+"#&`4$%'"*.*&'?&D?X&*/C.1L#X&'#D%&51L#(&'"#$*
L?C&81C%)#&%<# 
K*L1Q*&L#&(#&81C%)1&4%/*)1&(1D#&4$#)%C&%L/*)#X&L#&'1&(1&D*P1&(*&D#>#$'0*&0$#JX&(*&4#4#X
(*"*&*0%&L$?C*X&*&L#&'?&')#&4%D%Q&0%5?&L%9*5#&*.*&4$#/(#&%91Q#8#&*.*&)$.%&'*"(1&?'.?C1X
0$#J&!"14#(&'1&?4.#+*%&*&$1+*%&L#&H?$<*D#&4%(?L*&'4%$#/?D&`(&?%4+"1&(*51X&*/C.1L#X
9*%&9%$91(&P%)10&R&9%5#%&'1&)1$%)#"(%&*&"%C#X&L#&'?&C#&=#>#$*&(#D1$(%&/#)#L*.*&'&H?$<*D#
*&'#LX&?&P#'?&%4#'(%'"*X&%'"#)*.*&'#D#&R&D%SL#&D?&51&"?&*L15?&'4%$#/?D#&'&H?$<*D#
'?C1$*'#%&K.#L*'.#)&:1$<1C%)*QX&0%5*&51X&5%+&'$1L*(%D&D#$"#X&9*%&?&*/)1'(%5&)1/*&'#
"?$'0*D&)%5)%L%D&f'#91C%D&*&(#L#%&'1X&L#&9*&'1X&D%SL#X&5%+&')1&D%C.%&/#)$+*"*&91/&0$)#)%C
%9$#P?(#
[&'4*'?&B%('"#("*(#&5#(*P#$#&4$*P#&'1X&L#&'?&?&4$%.1Q1& ,A&9%'#('0*&4%'.#(*<*&L%+.*&(#
3%$"?&*&D%.*.*&4$*D*$51&/#&41"(#1'"&C%L*(#&!?."#(&51&%"*+#%&?&O1L$1(1&(1&L#)+*&(*0#0#)
%LC%)%$X&#&81C%)*&'#)1"(*<*X&L)1&4#+1X&$1+*.*&'?&L#&4$1)#$1&;%'#(<1&3$*D*$51&51&*D#.%
9*"*&%L%9$1(%&'#D%&4$*)*L(%X&L#&'1&(1&9*&%(*&L#J1&'4$1D#.*X&#&$#"&51X&?&'")#$*X&"$19#%
/#4%P1"*&%LD#V&!#D&4*'#<&V$%(*01&")$L*X&L#&51&.*P(%&'.?+#%&"#5&L%C%)%$&*&L#&51&%&81D?
4%"#5(%&%9#)1'"*%&9%'#('01&4%'.#(*01X&#.*&L#&%(*&(*'?&V"1.*&)1$%)#"*&=1>?"*DX&L%C%L*.%
'1&%(#0%&0#0%&51&9*.%&?C%)%$1(%&;%'#('0*&4%'.#(*<*&4%+.*&'?&'&3%$"1&51L(1&'?9%"1X&#
<#$'0#&)%5'0#&0$1(?.#&51&(#&;%'(?&P1"*$*&L#(#&L%<(*51 
K1Q&0$#51D&#4$*.#&9*.%&51&5#'(%&L#&Q1&H?$<*&(#4#'"*X&-?9$%)P#(*&'?&,&#4$*.#&%'.%9#>#.*
')%51&"$C%)<1&?&;%'(*&%L&?%9*P#51(*V&%9#)1/#X&L#&9*&'1&/#&)$1D1(#&D%C.*&'4#'"*&U'"%C&L#(#
L#"#&51&9#$0#&*&4%'.#(*0?&D#>#$'0%C&0$#J#X&0%5*&51&*+#%&!01(L1$91C?&%P1)*L(%&4%&%)%5
'")#$*&3%P1"0%D&D#5#&0$#J&!"14#(&51&/#D%.*%&Y14?9.*0?&!)&K.#V#X&L#&D?&?'"?4*&(10%.*0%


 

 A7
')%5*V&4.#Q1(*0#X&#.*&C#&51&!1(#"&,&D#5#&%L9*%&'#&*/)*(%DX&L#&)%5(*<*&"$19#5?&*&8*D#X&/#
8*V%)?&'*C?$(%'"&`(*&'?X&L%*'"#X&"$#S*.*&4.#Q1(*01&(#&')1&'"$#(1&*&4%%+"$*.*&'?&4#S8?
(#&C$#(*<#D#X&#.*&'?X&*4#0X&D%C.*&D%SL#&(1+"%&%L)%5*"* &O#'(%&51&L#&'1&(*'?&V"1.*
/#D1$*"*&H?$<*D#&B$#J&!"14#(X&%'"#)J1(&'#DX&*D#%&51&'#L&L%)%J(%&4$*.*01&L#&*/9.*/#
)*L*&*&4%/(#&0#0%&51&*/C.1L#.#&V$*+Q#('0#&'%.*L#$(%'"&(#&L1.?&!&L$?C1&'"$#(1X&4$%"*)(*<*
81C%)1&4%.*"*01X&0%5*&'?&V"1.*&L#&;%'(#&*/)?P1&(10?&0%$*'"&*/&*'0?'")#&0%51&51&'"10.#&!$9*5#
'#&')%5*D&4%'.1L8*D&#("*"?$'0*D&'"#)%DX&%'?>*)#.*&'?&0$#J#&UD#&C.#'%)#&L#&'?&*&$#L*.*
4$%"*)&81C#&M%)%$*.%&'1&P#0X&*&"%&(*51&(*D#.%&(1)1$%)#"(%X&L#&*V&51&9*.%&*&0%5*&'?
%9#)1+"#)#.*&H?$01&%&0$#J1)*D&4$1C%)%$*D#&*&0%5*&'?&4%/*)#.*&'?."#(#&L#&%(&4%'$1L?51
!?."#(&51&L%*'"#&9*%&$1+*%&L#&0$#"0*D&4%'"?40%D&$#+P*'"*&'*"?#<*5?&`(&51&.*P(%X&*L?Q*
4$10%&!0%4J#&*&B%'%)#X&4%)1%&)%5'0?&(#&;%'(?&R.*91C?X&/#4%)1L(*0?&"?$'0%D&?&!$9*5*X
9*.%&51&/#4%)1>1(%X&L#&*/)%L*&)1.*01&)%5(*P01&L1D%('"$#<*51&(#&!#)*&*&-?(#)?X&0#0%&9*
/#9#)*%&0$#J#&=#"*5?&L#&(1&4$*'0%P*&?&4%D%Q &=#"*5#&51&9*%&%9#)1+"1(&%&%/9*J(%'"*
4%.%S#5#&O%+&0$#51D& ,&*.*&(#&'#D%D&4%P1"0?& ,A&C%L&%(&51&4%$?P*)#%&!"14#(?&*
V1$<1C?&L#&'1&L$S1&/#51L(%X&L#&9*&'&?L$?S1(*D&'(#C#D#&9*.*&'4%'%9(*5*&/#&9%$9?&=.1P#(*
'?&C#&5%+&?&5#(?#$?&*&N19$?#$?&%4%D*8#.*X&L#&%(&.*P(%&4$1L?V*"$*&H?$01&*&/#51L(%&'#
!"14#(%D&*&V1$<1C%D&?L#$*&(#&8*V&R.*&'1&=#"*5#&(#&"%&(*51&D%C#%&L#&%L.?P*&T*51&*D#%
4$#)1&)1$1&?&4%91L?&]1C%)*&4%'.#(*<*&?&=.1<*D#&0#/*)#.*&'?&P#0X&?&'?L9%(%'(%D&D#5?X
0#0%&9*X&D%SL#X&*&'#D#&[C#$'0#&?&9%$9*&'&H?$<*D#&D%C.#&/.%&4$%Q*X&4#&'?&"$#S*.*&L#&*V
Y14?9.*0#&4%D%C(1&'#&')%5%D&0%4(1(%D&)%5'0%DX&L#&9*&D%C.*&%L%.1"*&B#L&51&9*.%&5#'(%X&L#
'?."#(&*L1&(#&;%'(?&*&L#&'1&H?$<*&0$1Q?&*&(#&L?(#)'0%5&.*(*5*&=#"*5#&51&4%'.#%&(#&5?C&')%C
$%>#0#&O%)#(#&3%(C$#<#X&L#&'1&'&(1+"%&)%5'01&(#>1&"#D%&T#&#0"*)(?&4%D%Q&;%'(*&(*51
4%D*+J#%i&%)#&51&)%5'0#&*D#.#X&?&4$)%D&$1L?X&L#&+"*"*&5?S(1&C$#(*<1&[C#$'01&UD#.#&51X&4%
81C%)*D&$1P*D#X&L#&4%'.?S*&F &‚
&& &
Fi&4%'.1&"%C#X&4$1D#&4%"$19*X
D%C#%&51&L%Q*&*&%(&'#D&3%(C$#<&51X&L%*'"#X&?+#%&?&9%$9?&'&H?$<*D#&0%L&H1D*+)#$#X&L%0.1
91+1&4$%L$%&R.*91C&)$+1Q*&')%5&/#L#"#0&\#9#)*)+*&=#>#$1&*&%L)?0#)+*&*V&L#.10%&%L
;%'(1&R.*91C&'1X&4%'.1&(1?'41V#&0%L&H1D*+)#$#X&D%C#%&D*$(%&)$#"*"*&?&'D1L1$1)'0?
")$>#)?&`L#".1&51&0#'(*51&?4#%&?&!$1D&*&;#P0?&B$#J&=#"*5#&'*+#%&51&.*P(%&(#&')%51&5?S(1
C$#(*<1&"10&0#L&51&0#"#'"$%N#&;%'(1&9*.#&C%"%)# &=%SL#&51&)1$%)#%&L#&Q1&'1&;%'(#&D%Q*
L?S1&L$S#"*X&#&L#&Q1&%(&/#&"%&)$1D1&*&9*"*&(#P*'"%&'&"*D&+"#&H?$<*&(#D1$#)#5?&*&L#&Q1
?'41"*&4$*9$#"*&)*+1&)%5'01&R.*&(*51&*'0J?P1(#&D%C?Q(%'"&L#&51&*&(#D1$(%&4?'"*%
9%'#('0%C&0$#J#X&0%C#&(*51&(*D#.%&D#$*%X&L#&'1&'#D&4%(1'1&'&H?$<*D#&#&L#&'1&%(X&?&4%'.1L8*
P#'X&5#)*&0#%&'4#'*.#<
!?."#(&51&*/&!51(*<1&?L#$*%&(*/&-$*(?&U#0%&'1&"%&*/$1P(%&(1&4%D*81X&(1'?D8*)%&51&(#54$1
(#*+#%&(#&%9.#'"&3#).%)*Q#&-#&.*&'1&"?&L#%&0#0#)&%"4%$&*&0#0%&'?&'1&4%(1.*&3#).%)*Q*D*
L#(#'&(1&/(#D%&(*+"#X&#.*&51&?")$>1(#&P*81(*<#X&L#&'1&%L& ,A&C%L&)*+1&(*0#L&(1&4%D*81
(*&)%5)%L#&31"#$&(*&9$#"&D?&T*0%.#&*&L#&'?&8*V%)%&4%L$?P51&4$*')%5*.*&H?$<*&\#&H)$"0#
B%)#P1)*Q#-*(*P*Q#X&C%'4%L#$#&'$1L81C&3%L$*8#X&/(#D%X&L#&'1X&(14$*4$#)#(X&4$1L#%
H?$<*D#&*&L#&51&9*%&4%C?9J1( &B%L&K.#L*'.#)#&:1$<1C%)*Q#&(#&/#4#L?&:1$<1C%)*(1X
'4#'.#&'1&?L%)*<#&0$#J#&H%D#+#X&*&-?9$%)P#(*&'?&'1&A&D#5#&4%(?L*.*&L#&51&*'4$#"1X&#0%
L%>1&(#&D%$1&Y#L*P?&:$*'"*Q?X&F  F&0$#J#&!"14#(#&?&B$1+1)?X&L#"%&51&&D#5#&?
-?9$%)(*0?&77&.*9#$#&4$#V#&/#&9%D9#$L1 &:1$<1C&!"514#(&'#&4%$%L*<%D&'0.%(*%&'1&/#
"%&)$1D1&?&/#4#L(*&0$#5&')%51&%9.#'"*&*&(*51&L#)#%&H?$<*D#&(*0#0)#&%"4%$#X&(1&/(#D%&L#&.*
/#"%&+"%&51&*&%(&9*%&(14$*4$#)#(&*.*&+"%&'1&(*51&V"1%&*/.#C#"*&'?0%9?&'#&'#D*D&'?."#(%D
!?."#(&51&'#&-$*(1&0$1(?%&4$#)%&?&'$<1&;%'(1X&(#&")$L*&C$#L&;%9%)#< &K1Q&7&D#5#&9*%&51
%(&.*P(%&4$1L&"*D&C$#L%D&3%L*C(?"&(#&4$*.*P(%&)*'%0%5&*&'"$D%5&.*"*<*X&'#&5#0*D
91L1D*D#X&;%9%)#<&51&(#4$#)*%&(#&(#4#L#P#&5#0&?"*'#0&3%&4$*P#8?&B%('"#("*(#&5#(*P#$#
*/C.1L#X&L#&51&'?."#(X&S?$1Q*X&4%+#%&(#&;%'(?&91/&L%)%J(%&#$"*J1$*51&B#L&51&)*L1%&4%.%S#5
*&91L1D1&;%9%)<#&81D?&51&9*.%&5#'(%X&L#&C#&(1Q1&D%Q*&.#0%&/#?/1"*X&#0%&C#&4$1&"%C#&(1
9%D9#$L?51&U&'&"%C#&51&(#$1L*%X&L#&'1&"?X&4$1L&'#D*D&C$#L%DX&.*5?&"%4%)*&R.*&D?&51&"#5
4%'#%&?+"1L1%&/#4%)1L(*0&C$#L#X&Y#L#0X&0%5*&51X&/#&(10#&%91Q#8#X&4$*'"#%&L#&4$1L#&;%9%)#<


 

 A
:#.0%0%(L*.X&0%5*&(*51X&0#%&O#(*P#$X&9*%&'#D&?P1'(*0&?&%)%D&$#"?&*&0%5*&C#&51&%4*'*)#%&4%
4$*P#8?&L$?C*V&*&'&"%C#&(1&'#')*D&4%?/L#(%X&4$*P#X&L#&51&'?."#(&(#4#%&C$#L&'#&')*D&$#"(*D
'4$#)#D#&H?$'0*&'#)$1D1(*0&-?$'?(91C&0#/?51X&D1>?"*DX&L#&'?&H?$<*X&4%'.1&9%$91X
F%")%$*.*&0#4*51F&C$#L#&4$1&(1C%&+"%&51&'?."#(&L%+#%
&!?."#(&51&4%"%D&(#4$#)*%&0$#"#0
4$%<1'&Y#L#0&51X&D1'"%&(#C$#L1X&9*%&4%'1P1(X&51$&51&'?."#(&4$1/$1%&*/L#5*<?&*&81C%)%&'$#D(%
L1.%&=#.?&C$#L'0?&4%'#L?&51&L1.%D&/#$%9*%X&L1.%D&4$1'1.*%X&#&L1.%D&%'"#)*%&T#+&5#(*P#$
51&*D#%&4$*.*01X&L#&?&;%9%)<?&)*L*&*&%(#&L)#&9%'#('0#&4%'.#(*0#X&0%5*&91V?&"%C#&4$%.1Q#&?
d#$*C$#L?&*&L#&*V&4%L'1"*&(#&')%51&%4%D1(1
`L&;%9%)<#&0$1(?.*&'?&H?$<*&%LD#V&L#J1&-?$'?(91C&0#S1X&L#&'?&'1&*/#&4#L#&;%9%)<#
4$1L#.*&K*'%0%&*&5%+&(10*&C$#L%)*X&')#0#0%&?&L%.*(*&;%'(1&3$1"V%L(*<?&"?$'01&)%5'01&%L
7777&J?L*&)%L*%&51&=#VD?L4#+#&R(>1.%)*QX&L%9#$&4%/(#)#.#<&4$*.*0#&?&!$9*5*&*&;%'(*X
%(#5&*'"*X&0%5*&51&*D#%&C.#)(?&?.%C?&*&4$*.*0%D&%')#5#8#&-1'4%"%)*(1 &-?$'?(91C
*'"*P1X&L#&'?&'1&/#4%)1L(*<*&(10*V&C$#L%)#X&?/L#5?Q*&'1&?&(14$*'"?4#P(%'"&*&P)$'"*(?
')%5*V&D1'"#X&9*.*&$1+*.*&(#&%"4%$&L%&0$#5#&!#&D(%C%&*'"%P8#P0%C&0%.%$*'#8#X&#&'#&D#.%
0%(0$1"(*V&4%L#"#0#X&%(&%4*'?51&"1+01X&#.*&4%&H?$01&?'41+(1X&9%$91&%0%&"*V&C$#L%)#
!?."#(&51&'&)%5'0%D&4#%&(#54$1&4$1L&H$#)(*0X&#&%L#".1&51&%"*+#%&4$1L&O#5<1X&0#%&C.#)(*&C$#L
/1DJ1
B$#J&!"14#(&C#&(*51&'#P10#%X&(1C%&51&V*"#%&(#&/#4#L
&B%('"#("*(&5#(*P#$&91.1S*X&L#&51
F$#L*%&*&L#8?&*&(%Q?&%&"%DX&L#&9*&D%C#%&V*"(%&'0?4*"*&(10#0)?&)%5'0?F&T#&"%D&')%D&4?"?&%(
51&'"*C#%&?&")$L*&C$#L&BJ?PX&?&B$#5*(*&=#VD?L4#+#X&0%5*&51&5?$*%&/#&8*DX&L%/(#%&51X&4$*P#
O#(*P#$X&%L&51L(%C&*/L#5*<1X&L#&'1&!"14#(&(#.#/*&?&"%D&C$#L?X&*(#P1&9*&C#&'#D&4$%D#+*%
-?$'?(91CX&0%5*&51&?&4$*P#8?&D(%C%&0*"8#'"*5*X&#.*&D#81&4%?/L#(X&0#/?51&D1>?"*DX
*/$1P(%X&L#&51&"?$'0?&4$1"V%L(*<?&)%L*%&`D1$&'*(&"$*0#.'0%C&C%'4%L#$#&H?$V#(91C#&*&L#&51
"#&4$1"V%L(*<#&*D#.#&FJ?"?&9*"0?&*&0$)%4$%.*Q1F&4$1L&BJ?P1D&'#&0$#J1)%D&)%5'0%D&\#
0$#J#&0#S1X&L#&51&9*%&F%C$%D#(X&'"#'#&0#%&:1/91$F&*&L#&51&D(%C%&4*%&H?$<*&'?&?&9%$9*&%'"#.*
4%91L(*<*&*&(#"1$#.*&%'"#"#0&0$#J1)*V&P1"#&L#&'1&)$#"*&?&C$#L&`(L#&51&"10X&)1.*X&'"*C#%
=#VD?L4#+#&BJ?P0%&4%LC$#>1&9*.%&51&)1Q&4%4#J1(%X&#&'#D&C$#L&(1L%)%J#(&/#&L#J?&9%$9?
H?&51&=#VD?L&4%P1%&4$1C%)%$1&'&0$#J1DX&L#&'1&4$1L#&*&L#&?+"1L*&/1DJ*&L#J1&9%$91&O#(*P#$
*/$1P(%&0#S1X&L#&'1&=#VD?L&/#0.1%&0$#J?&FL#&D?&S*)%"?&(*+"#&9*"*&(1Q1F&H%&4%")$>?5?&*
-?$'?(&*&"?$'0#&V$%(*0#&R+*0&4#+1&\#L1&[&8%5&'1&P#0&0#S1X&L#&51&4#+#&4%$?P*%&0$#J?
F(10#&L%>1&*&4%J?9*&<#$?&$?0?X&*&(10#&D?&4$1L#&(101&C$#L%)1X&*&(10#&'1&4%L)$C(1&4.#Q#8?
V#$#P#&d#$&(10#&?&"1&C$#L%)1&'D1'"*&')%5?&)%5'0?X&4#&4%"%D&(10#&'1&0$#J&%41"&?&')%5?&/1DJ?
'#&')%5*D&C%'4%L'")%D&)$#"*&U&"#0%&Q1&D?&9*"*&(#0.%81(F&
&=#VD?L&51&"#0%&$#(*51
4%'"?4*%&*&'#&C$P0*D&L1'4%"%D&-*D*"$*51D&`(&51&/(#%&L#&9*&'1&0$#J1)%D&4$1L#5%D&?9$/#%
<1%&$#"(*&4%V%LX&#&91/&"%C#&9*&C?9*%&)$1D1&%4'1L#5?Q*&C$#L&(#&4%L$?P5?&0%51&51&9*.%
(14%L1'(%&*&(1&91/&%4#'(%'"*&B$#J&51&4%)1$%)#%&81C%)%D&%91Q#8?&`(&51&(#&'.*P#(&(#P*(
*/*+#%&4%+"1>1(&*/&!D1L1$1)#X&4#&51&D%C#%&D*'.*"*&L#&Q1&'1&4$1D#&81D?&*D#"*&%9/*$#&*
%)%D&4$*.*0%D
&-#J*&%"4%$&9*%&51&91/&*0#0)#&*/C.1L#&h?L*&'?&'1X&/#V)#Q1(*&4#(*0%DX
'0.#8#.*&0?L&51&0%&D%C#%&*.*&'1&91/&?/#5#D(*V&)1/#&4%).#P*.*&?&"1+0%&4$*'"?4#P(1&C$#L%)1
j#.%'(*&4$*D1$*&*/L#51&*.*&'19*P8#P01&4#'*)(%'"*&%91'V$#9J*)#.*&'?&J?L1&5%+&)*+1
`'"#)J1(&91/&4%D%Q*&%L&'#)1/(*0#X&?&/1DJ*&CL1&(*51&9*.%&(*0#0)%C&%L?+1)J18#&L#&'1&4%L
')#0?&<1(?&9$#(*&81(#X&D#0#$&*&4%.%)(#&*&P1'"%&4?"#&0%D4$%D*"%)#(#X&'.%9%L#X&(1'$1Q(*
0$#J&+"#&51&*&D%C#%&L$?C%&L#&$#L*“&-#&)*"1+0*&4%C*(1&0#%&4%'.1L8*&)*/#("*'0*&<#$“&R.*
/#$&51&"#5&4$*D1$&4%S$")%)#8#&D%C#%&L#&/#')1".*&4$1L&81C%)*D&%P*D#&?&/1DJ*X&CL1&%L#)(%
(*0%&%L&81(*V&C.#)(*V&.*P(%'"*&(*51&4#%&?&9%$9*&/#&51L(?&*L15?&*&51L(%&?)1$181“
M.#'&L#&51&4#%&;%9%)#<X&(#5")$>*&C$#L&;%'(1X&"#0%&9$/%&*&"#0%&(1%P10*)#(%X&?(1%&51&/#9?(?&(#
')1&'"$#(1&B#L&51&'?."#(&'"*C#%&4$1L&O#5<1&81C%)*D&C$#>#(*D#&9*.%&51&5#'(%&L#&'1&(1Q1&D%Q*
(*&%(*&%L$S#"*&K1$%)#.*&'?X&L#&9*&'1&9%$*.*&/#&51L(?&)1Q&?(#4$1L&*/C?9J1(?&'")#$
:#.0%0%(L*.X&')#0#0%&4%&'#%4+"18*D#&?P1'(*0#X&'#%4+"#)#X&L#&51&?&'"$#V?&')#0&D*'.*%&L#
'1&'4#'#)#&'#&+"%&D#81&+"1"1&O#5P#(*&'1&'&"%C#&4$1L#L%+1&'?."#(?&91/&9%$91&H#0%&0#/?51&*


 

 A
-?$'?(91C&3%+"%&51&?+#%&?&C$#L&'?."#(&*V&L%*'"#&4%+"1L*X&)#JL#&L#&9*&"*D&4$*D1$%D
L1.%)#%&(#&%'"#.1&O1L*(%&51&%L&C$#L'0*V&9%J*V&4%$%L*<#&%L?/1%&(10%.*0%&'*(%)#X&4#&(101
/#L$S#%&/#&'1X&#&(101&4%L1.*%&')%5%5&4$#"8*&B$*"%)?.X&D1>?"*DX&4$*P#X&D#81&)1$%)#"(%X&L#
'1&C$#LX&?&0%D&'1&(#.#/*%&0$#JX&4$1L#%&4%'.1&S1'"%0%C&9%D9#$L%)#8#

=#VD?L&4#+#&51&?4?"*%&`D1$#&'*(#&H?$V#(%)#X&0%5*&'1&')?L#&*'"*<#%&')%5%D&V$#9$%+Q?X&L#
?/D1&%'"#.1&C$#L%)1&;%'(1X&#&%(&51&'#&/#$%9J1(*D&0$#J1D&%"*+#%&'?."#(?X&4$1L&O#5<1
[4.#+1(*&0$#J&51&4$*'"#%&L#&4%$?P*&')*D#&P?)#$*D#&')%5*V&C$#L%)#X&L#&'1&4$1L#5?&`)*&9*
"%&?P*(*.*X&?&%4+"%5&4%D1"8*X&*&91/&"1&4%$?01&`)#0%X&*+.%&51&')1&9$S1&[&C$#L?&\)1P#5?X
4$*P#&-?$'?(91CX&9*%&51&/#$%9J1(&0$#J1)&9$#"X&D%SL#&D.#L*&!*C*'D?(L
=1>?"*DX&'?."#(&51&9*%&0*)#(&(#&0$#J#&!"14#(#&*&(*51&V"1%&L#&D?&%4$%'"*&T*51&4$*/(#%&(*
=#VD?L%)%&%91Q#81i&P#0&'1X&4%&4$*P#8?X&*&J?"*%&(#&8&!"14#(&'1&4%0#/#%&(14%?/L#(X&#
?'?L*%&'1&L#&'1&%9$(1&4$%"*)&81C#&*&4%'.1&D*.%'"*&0%5?&D?&51&?0#/#%&?&!D1L1$1)?&R0%
%'"#)*&S*)#&0$#J#&(*51&*'0J?P1(%&L#&"#5&*&4%'.1&(1&4%0?+#&0#0)1&)1/1&'&81C%)*D
(14$*5#"1J*D#&!&"%C#&51&(#59%J1X&0#%&*&?&!$9*5*X&$#+P*'"*"*&4%"4?(%&'*"?#<*5?&*&%L&;%'(1
(#4$#)*"*&"?$'0?&%9.#'"X&?&0%5%5&Q1&'1&)$+*"*&'#D%&81C%)1&/#4%)1'"*&R+*04#+#&*/$1P(%
0#S1&L#&51&'?."#(&$10#%&FR0%&(101&C$#L%)1&L#D%&%)%D&0$#J?X&*/)%$&/#&$#"&%'"#Q1F&3%
'4%$#/?D?&'#&')%5*D&L%C.#)(*<*D#&%(&$1+*&L#&'1&0$#J&4%C?9*&B#S?X&L#&51&D?L$#<&+1*0
R.#?L*(&=?'#(*N10&%LC%)%$*%&'?."#(?&F`)#0)#&(1)1$(*0#&4%C?9*"*&')1"*&51&$#"&/#&)1$?ÐF
!&0$#J1D&/#51L(%&4%C*(?%&51&*&81C%)&'"$*<&Y#L*)%5X&(#&0%C#&51&'?."#(&*'"%&"#0%&9*%&J?"X&51$
51&*&%(&?P1'")%)#%&?&4$%D1(*&4%.*"*01&%L&!D1L1$1)#&L%&%"0#/#&V#$#P#
R+*04#+#&*&-?$'?(91C&4%D*8?X&L#&'?&4%'.1&0$#J1)1&4%C*9*51&F'D$'*.*&0%(<1F
B%)#P1)*Q?X&0%5*&51&9*%&/#$%9J1(&)#JL#&4$*&4$%.#/?&"?$'01&)%5'01X&*&3#).%)*Q?X&0%5*&'1
(#+#%&'&8*D&/#51L(%&!)1&8*V%)1&$*/(*<1&L%(1'1(1&'?&'?."#(?&F[&C$#L%)*D#&"*V&/1D#J#
(#>%+1&"%.*0%&9.#C#&*&9%C#"'")#&L#&'1&*/9$%5#"*&(*51&D%C.%F
&[%4+"1&'1&(#&')1&'"$#(1
C%)%$*.%&D(%C%&*&$1P*"%&%&9%C#"'")?&;%'(1&*&%&81(%D&)1.*0%D&'$19$?&K1Q&?&.1"%& , 
"$#S*%&51&f'#91C&%L&-?9$%)P#(#&%(#5&L%V%L#0&0%5*&'?&%(*&L#)#.*&3#).%)*Q*D#X&#&%L& ,,
C%L&81C%)&'*(&_1.19*5#&/%)1&'1&FC%'4%L#$1D&/1DJ1&3#).%)*Q#F
&!&0$#J1D&51&9*.%
/#$%9J1(%&*&L)%51&L1<1&H%D#+1)1&%L&L$?C1&S1(1X&!*C*'D?(L&*&B#"#$*(#&]*V&51&'?."#(
4%+"1L1%&*&4%)1%&'#&'%9%D
!$4'0*&.1"%4*'*&/#91.1S*.*&'?X&?&(10%.*0%&)1$/*5#X&)1'"X&L#&51&'?."#(&4$10%&-$*(1&?4#%&?
;%'(?X&F4$*D*%F&;%9%)#<&*&O#5<1X&F/#0.#%F&0$#J#X&/#$%9*%&D?&9$#"#&*&'1'"$?X&*&L#&51&0$#J*<#
'&$*/(*<%D&4%91C.#&F(#&[C$1F&T#&4%)$#"0?&*/&;%'(1&L%+#%&51&'?."#(&?&!0%4J1&6&5?.#

!)1&51&%)%&9*.%&')$+1(%&)1Q&4$)*V&L#(#&D1'1<#&5?(#&d1%&=1VD1L%)&4%V%L&0$%/&;%'(?&(*51
"$#5#%&)*+1&%L&+1'"&(1L1J#&UD#&4$#)%&B$*"%)?.&0%5*&0#S1X&L#&51&%(&4$%+#%&F0#%&D?8#F


&K1Q&&5?(#&$1+*.*&'?&-?9$%)P#(*&L#&4$1L?/D?&(%)1&D1$1&/#&%L9$#(?&')%C&C$#L#X&#0%
L%>1&$1L&*&(#&8*VX&#&%L&,&5?(#&#.#$D*$#.*&'?&!"%(&*&!.#(%&*&L*/#.*&)%5'0?&*&%L&')%5*V
4%L#(*0#&*&%L&(#5#D(*0#&*/&R4?.*51&:1$<1C&!"514#(&'4$1D#%&'1&"*V&L#(#X&L#&'1&'#
4%$%L*<%D&'0.%(*&?&-?9$%)(*0&*.*&(#&(10%&%L&L?9$%)#P0*V&%'"$)#&[&=.1<*D#&'1&5%+&A
5?(#&/(#.%X&L#&51&9%'#('0*&0$#J&L%4#%&$%4'")#X&#&L#(&4%"%D&5#)J#.%&'1&*/&=.1"#0#&?&o*$1(<?
%&F91L(%5&(1)%J*&0$#J1)'")#&*&0$#J#&9%'#('0%C#F&*&%&"%DX&L#&H?$<*&'&0$#J1D&$>#)%
4%'"?4#5?

&[&-?9$%)(*0?&'1& &5?(#&%P10*)#.#&*/91C.#&9%'#('0#&0$#J*<#X&#&2&'1
$1+#)#.%X&L#&'1&?4?"*&'?."#(?&4%'.#('")%X&0%51&Q1&?/&V#$#P&4%(1"*&9%C#"1&4%0.%(1&81D?&*
81C%)%5&4$#"8*&[&*'"%&)$1D1X&*/&'"$#V#&L#&H?$<*X&(#&4%)$#"0?X&(1&(#4#L(?&*&8*VX&%(*&'?
/#"$4#)#.*&P#"$81X&$?+*.*&/C$#L1&*&<$0)1&*'4$1L&C$#L'0*V&/*L*(#&*&'10.*&')1&L$)1Q1X&L#&'1
(1&9*&(14$*5#"1J&(*P*D&D%C#%&4%'.?S*"*&\#&%L9$#(?&C$#L#&4$*D#(*&'?&?&!"%(&FK.#'*F&*
L$?C*&3%4%)<*X&'4%'%9(*&/#&%$?S51X&#&&5?(#&4*'#(%&51&)%5)%L*&U)#(*+?&K.#"0%)*Q?X&L#
+"%&9$S1&L%>1&?&-?9$%)(*0&'#&'"%"*8#0&%$?S#(*V&J?L*&=1>?"*DX&*/)*8#)#.*&'?&'1
V1$<1C?&!"514#(?X&0%5*&51&V"1%&L#&L%>1&?&!"%(X&%P1)*L(%&'&"%C#X&+"%&9*&*D&D%C#%&'D1"#"*&?
%L$S#)#8?&*/?/1"(*V&D1$#&$#L*&%L9$#(1&"%C&D1'"#
B$#51D&5?(#&')#&51&%4#'(%'"&/#&-?9$%)(*0&9*.#&4$%+.#&K1Q&51&6&5?(#&4*'#(%&U)#(*+?


 

 AA
K.#"0%)*Q?X&L#&(1&L%.#/*&'#&')%5*D&J?L*D#&[&C$#L?&'1&9*.%&P?.%X&L#&'?."#(&%L.#/*&*/&;%'(1X
'#D%&'1&(*51&/(#.%X&L#&.*&Q1&(#&-?(#)X&4$%"*)&=#>#$#X&*.*&'"#$*D&4?"1D&4$1D#&d#$*C$#L?
-%D#.%&P?.%&'1X&L#&51&*&%41"&0$1(?%&4$10%&!51(*<1X&?&0%5%5&'1&9#)*%&6&5?.#
&[&;%'(*&51X&?
')*D#&C.#)(*5*D&C$#L%)*D#X&%'"#)*%&D#.1&4%'#L1&*&0#%&/#4%)1L(*01&')%51&J?L1&\#V)#"*%&51
9*%i&4$*$%L(%X&*&51L#(&L1%&:1$<1C%)*(1X&*&"%&(1&'#D%&%(#5&4$10%&0%C#&C#&51&)%L*%&4?"X&(1C%&*
(10#&D1'"#&(#&/#4#L?X&0#%X&4$*D1$#&$#L*X&h?9?+0*&T101&%L&V1$<1C%)*V&C$#L%)#&'?."#(&(*51
(*&?/1%&'#DX&(1C%&'?&D?&*V&*/&'"$#V#&4$1L#.*&8*V%)*&/#4%)1L(*<*X&*.*&'?&"%&P*(*.*&*/&S1J1
L#&'191&'#P?)#5?&\#&)$1D1&9%$9*&*/D1>?&V1$<1C#&*&K.#L*'.#)#&%(*&'?X&L1.*D*P(%X&)1Q&%(L#
9*.*&4%V)#"#.*&*/)1'(1&)1/1&'&H?$<*D#&`)%C&4?"#&*/C.1L#X&L#&51&'&H?$<*D#&9*%&?&(10%D
L%L*$?&K.#L*'.#)&:1$<1C%)*QX&*&"%X&0#0%&'1&P*(*X&(#&')%5?&$?0?X&*#0%&51&4%0#/*)#%
'%.*L#$(%'"&'#&%'"#.*D&"?$'0*D&4$%"*)(*<*D#

;%'(#&51&4#.#&9$/%X&91/&*51L(1&)1Q1&9*"01&*&'0%$%&91/&*0#0)1&4$#)1&9%$91X&F+#4#"%DF&0#0%&'1
4%'.1&C%)%$*.%X&*/51L1(#&)1Q&$#(*51&L%D#Q%D&(1'.%C%DX&%L'?'")%D&')#01&D%$#.(1
%LC%)%$(%'"*X&*&91'4$*D1$(%&91/%9/*$(%D&'19*P(%+Q?&%(*V&0%5*&'?&'1&(#.#/*.*&(#&81(%D
P1.?&H?$<*&'?&51L(*D&?L#$%D&(%C1&'$?+*.*&/C$#L?&0%5#&51&9*.#&')#&<$)%"%P(#&T*0%&(1
?'"#L1&L#&51&4%S$")%)#(%&9$#(*X&#&*/L#51&51&9*.%&(#&)*+1&'"$#(#&[&4*'D?&4#4*&%L&6&5#(?#$#
 , &0$#J&=#"*5#&51X&*'"*(#X&4$#)L#5?Q*&'191X&'&4$10%$%D&*&<$(%&4$*0#/*)#%&9%'#('0*&'"#)
H?$P*(&51X&)1.*X&4%91L*%&4$1&(1C%&51&*&*/)#L*%&D#P&Fa  & & & && X&& 

 &È&  &X& 


&
&&  
&  & &  & X

 
& &
&  &  
F &;%'#('0#&V*'"%$*5#&(1&L#L1&(*&51L(1&=#$*<1X&#
0#D%&.*&)1.*P#('")1(%C&B%'%)#Ð&T*51L(#&9#.0#('0#&L$S#)#&(*51&4#.#&9$S1X&(*
.#0%D*'.1(*51X&(*&'$#D(*51&B#0%&'1&9%$*%&'"#$*&L1'4%"&c?$#>i&0#0%X&9#+&4$%"*)&%)%C&*'"%C
'?."#(#X&!01(L1$91CÐ&[&%(%&D#.%&(#$%L(*V&41'#D#&%&4$%4#'"*&9%'#('0%C&0$#J1)'")#X&P*51&51
4%$10.%X&?&%'"#.%DX&)$.%&'?D8*)%X&#&"1(L1(<*%/(%'"&*&'?)*+1&4$%/*$(#X&4%0?+#(%&51&L#&'1
"#5&4#L&%95#'(*&"*DX&+"%&51&?&/1DJ*&9*.%&D(%C%&*/L#51&*&/#)#L1X&0#0%&F9#(F&9%'#('0*
!)%5&51&9$#Q*&')%5%5&%D$/(?%
U&C%.?9?&(#&51.%)%5&C$#(*
*&"%&'&"%C#X&+"%&C#&4$1)#$*&FC%'4%L#&.#"*('0#FX&"1&4$*D*&8*V%)?&)1$? 
h?"%&/#)#>1(#&)1$'0*i&.*+1(#&%'1Q#8#&4$#)1&L$S#)(1&(1/#)*'(%'"*&/9%C&*&'?)*+1&5#0%C
D#>#$'0%C&4$*"*'0#&*&)1$'01&$*D'01&#0"*)(%'"*i&?&4%'.1L81&)$1D1&*&0.#'(%&4%L1J1(#X&'#
(1/#L%)%J(*D&'1J#+")%Di&L?C%&C%L*(#&4%4$*+"1&C$#>#('0*V&$#"%)#X&?&0%5*D#&'1&?L$?S*)#%
0%&51&'&0*D&V"1%&*&CL1&'1&9%$*.%&0#0%&51&0%&S1.1%&*&P*D&51&D%C#%i&'#&4%J?J#(*D&*
4%$%L*P(*D&*&')#0*D&L$?C*D&D%$#.%Di&;%'(#&51&4#.#&'0%$%&0#%&4$*D1$&L$S#)1X&0%5#&(*51
*D#.#&(*&(101&')1'(1&V*'"%$*'01&D*'*51&(*&(101&5#'(1&*L151&)%L*J1&]1(&4%.1"&?&^Ia&)10?
D#.#0'#%&51&9$/%&*&'0%$%&91/&"$#C#&]1(#&4$%+.%'"X&0#%&(1+"%&'?)*+1&'.%S1(%X&"?>1&*
L#.10%X&(1)1/#(#&'?L9*('0*&/#&81/*(?&(#$%L(?&L?+?X&/#9%$#)*.#&'1&P#0&?&).#'"*"%D&(#$%L?&*
(#&'%4'")1(%D&4%L$?P5?&\#&8?&'0%$%&(1&/(#&(1&'#D%&(#+#&"#0%&9%C#"#&14'0#&4%1/*5#X&(1C%&(*
.%0#.(#&4$1L#8#X&0%5#&(#&L$?C*D&'"$#(#D#&D%C?&9*"*&"#0%&?4%$(#&!&;%'(%D&51& ,A&C%L
(1'"#.%&51L(1&L$S#)1X&0%5#&51&(#'"#.#&*&S*)1.#&4$1"1S(%&'#D%&0#%&C1%C$#N'0#&51L*(*<#&*&0%5#
51&'#D%&?&51L(%D&*/?/1"(%D&41$*%L?&4%0?+#.#&*/&')%C&C1%C$#N'0%C&4%.%S#5#&'")%$*"*&51L(?
V*'"%$*'0?&D*'*5?

, $ 
K1'"&%&4#L?&;%'(1&*&4%C*9*5*&0$#J#&!"14#(#&*/#/)#.#&51&/#4$14#+Q181&*&L?9%0&9%.&?&<1.%5
'$1L8%5&f)$%4*&T14%'$1L(*5*&P#0&(1C%&4#L&d#$*C$#L#&H?$'01&P1"1&*&4$1&"%C#&/#.1"#.1&'?&'1
?&-#.D#<*5?&*&:$)#"'0?&*&L%4*$#.1&L%&h?9J#(1&*&+"#51$'01&C$#(*<1&(#&51L(%5&*&L%
H1D*+)#$#&(#&L$?C%5&'"$#(*&!#LX&4%'.1&4#L#&;%'(1X&0#L&51&8*V%)#&C$#(*<#&4%D1$1(#&L%&!#)1
*&[(1X&%4#'(%'"&%L&8*V&4%'"#.#&51&/#&<1%&')1"&%P*C.1L(#&;%'(#&51X&0#%&*&!$9*5#X&D%C.#
4%'.?S*"*&L#&H?$01&*/)1'(%&)$1D1&/#L$S1X&L%0&'1&(1&'4$1D*&%"4%$&R.*&0%&Q1&*V&'#L


 

 A
/#L$S#"*“&U&CL1“&3$14#L*&'?&9*.*&D%C?Q*&')#0*&P#'i&*&"%&*&%(*&D#8*X&4%51L*(#P(*X&*'"%&0#%
*&/#.1"*&)1Q*V&%$L*5#&T#$%P*"%&51&4%'"#.%&5#'(%&')*D#&=#>#$*D#&+"#&'?&*/C?9*.*&$#(*51
4#L%D&!$9*51&*&'#L&4#L%D&;%'(1&]*V%)#&51&<1.#&5?S(#&C$#(*<#&%'"#.#&%")%$1(#X&(#&%C$%D(%5
.*(*5*&!#)1&*&-?(#)#&!#D&51&0$#J&=#"*5#&C%)%$*%X&L#&51&;%'(#&F0J?P&*&0#4*5#F&/#&'1)1$&*
/#4#L &T*51&'&"%C#&(*0#0)%&P?L%X&+"%&51&4#4#X&*&*(#P1&4%"$1'1(&0#"#'"$%N%D&/1DJ1X&0%5?
51&%(&C?$#%&?&9%$9?&*&*/.#C#%&?L#$<?X&'#&'?/#D#&?&%P*D#&C%)%$*%&?&0#$L*(#.'0%D&0%.1C*5?
F;%'(#&51&4#.#X&0$#J#&81(%C&?9*+1X&L$+Q?&=#>#$*&*&L$+Q?&')*&'?'1L*F
B#L&51&'?."#(&=1VD1L&%41$*'#%&?&;%'(*&0$#J&=#"*5#&'1X&%L&&D#5#X&(#.#/*%&?&;#"*&*&;#P?X&#
%L&,&5?(#&L%&'$1L*(1&5?.#&?&o?"%C?&H?&D?&51&'"*C#%&C.#'&%&9%'#('0%5&0#"#'"$%N*
B#$#0"1$*'"*P(%&51&/#&81C%)%&L$S#81X&L#&'1&(*51&0$1(?%&*/&')%5*V&4%.%S#5#&/#&<1.%&)$1D1
L%0&'?&'1&H?$<*&9#)*.*&?&;%'(*X&(*"*&51&81C%)#&)%5'0#&?P*(*.#&*&51L#(&)1Q*&4%"1/&L#&4%D%C(1
"1+0%&?C$%S1(*D&;%'#(<*D#&`'"#%&51&P#0&D*$#(&*&/#&)$1D1&4%).#P18#&H?$#0#&H%&51X&9%J1
(1C%&*+"#&L$?C%X&0#/*)#.%X&L#&%(&(*51&9*%&L%)%J(%&'4$1D#(&*&L#&(*51&*D#%&L%)%J(%
'#D%4%?/L#8#&L#&4$1>1&?&%N#(/*)?
;#(&3#).1&!41$#(P*QX&4%/(#"*&4$%"*)(*0&;%'(1X&9*%&'1&?4.#+*%&*'"%&"#0%X&#.*&(*51
4$1L)*>#%&%)#0#)&%9$"&?&')%D&'?'1L'")?&`(&'1&0$#51D&D#5#&*.*&4%P1"0%D&5?(#&9*%&%9$#"*%&?
=.1"01&D%.1Q*&L#&C#&%(*&4$*D1&?&/#+"*"?&*&4$%"*)&H?$#0#&*&4$%"*)&F9%'#('01&C%'4%L1F
=.1P#(*&'?&D?&6&5?(#&%LC%)%$*.*X&L#&Q1&"%&?P*(*"*&$#L%X&#.*&'?&0#%&<1(?&/#&"?&?'.?C?
"$#S*.*&C$#L&B.*'&=1>?"*DX&*/&L%9$%&'$#P?(#"*V&4%.*"*P0*V&D%"*)#X&%(*&'?&4$*'"#5#.*&L#
C#&4$*V)#"1&?&0$#581D&'.?P#5?&*&91/&"1&<1(1X&(#L#5?Q*&'1X&')#0#0%X&L#&9*&51&D%C.*&L%9*"*
(#0(#L(%&[&*'"%&)$1D1&=.1P#(*&'?&?4?"*.*&(#&"1&'"$#(1&L)1&$#"(1&.#>1X&%4$1D#5?Q*&%LD#V&*
5%+&L$?C1&L)1X&L#&9*&%V$#9$*.*&')%51&F)1$(1F&(#&L#.D#"*('0%5&%9#.*&*&(#&"*D&'"$#(#D# 
B#L&'1&?&=.1<*D#&P?.%&/#&9%'#('0*&'.%D&(#'"#.#&51&*&0%L&8*V&"1+0#&/#9$*(?"%'"&]?&'?&%(*
%")%$1(%&4$*0#/*)#.*&4#4*&7&5?(#&5#)J#5?Q*&D?&+"#&51&/#L1'*.%&;%'(?&3%&8*V%)%D
D*+J18?&"%&51&9*.%&F%L&"#0)%C&/(#P#5#&*&"#0)1&"1S*(1&/#&'4#'&V$*+Q#('0%C&*D1(#X&L#&'1&"%
51L)#&L#&"%.*0%&4$%<1(*"*&0%.*0%&/#'.?S?51F&R0%&'1&%LD#V&(1&4$1L?/D?&%/9*J(*&.10%)*
4$%"*)&"1&0?S(1&(#4#'"*&D%C?&'1&%P10*)#"*&5%+&)1Q#&*&(14%4$#)J*)*5#&/.# &`LD#V
4%"%DX&A&5?(#X&4$*D*.*&'?&4%L&/#+"*"?&9#(#&3#).#&!41$#(P*Q#&*&%91Q#.*&D?&4%D%Q&4$%"*)
')#0%C&'1D&4$%"*)&D#>#$'01&0$?(1 &U'"%C#&L#(#X&%9#)1+"#)#5?Q*&C#&L#&51&H?$P*(&)1Q
F4%L5#$D*%F&;%'(?&*&L#&Q1&D%S1&9*"*&4$%+*$*"*&')%5#&%')#5#8#&*&(#&8*V%)?&+"1"?X&%(*&'?
%).#'"*.*&')%C&#LD*$#.#&R.%5/#&b%$1L#(#&L#&4%0?+#&4%'"*Q*&0#0)1&?'41V1&?&=%$15* 
=.1"#P0*&*/)1+"#5*&4#4*&%&'.%D?&;%'(1&%L& &5?(#&L#5?&'"$#+(?&'.*0?&!?."#(&51
%4?'"%+*%&F)#"$%DX&S1.1/%DX&?9*'")*D#Fi&81(%&'"#(%)(*+")%&D?P*&*&$#/L1J?51&0#%&4.1(i&#
C.#)(1&C$#L%)1&L%9*%&51&'*.%D&*.*&4$1L#5%D&`(%&D#.%&+"%&51&5%+&%'"#.%&%L&;%'(1&L#L1&'1
.#0%&%')%5*"*X&51$&51&/1DJ#&4%"4?(%&%91/C.#)J1(#&*&$#'"$%51(#&H?$'01&P1"1&4$%)#.*.1&'?&(#
3$*D%$51&')1&L%&!18#&*&?4#.1&?&B$9#)?&H%D&4$*.*0%D&%(1&'?&/#$%9*.1&*&9#(#&3#).#
!41$#(P*Q#&]1C%)#&?L%)*<#&(?L*.#&51&4%'.1&=.1"#P0%5&Y14?9.*<*&(101&')%51&")$>#)1&?
/#.%C?X&L#&9*&L%+.#&L%&4%"$19(%C&(%)<#&/#&%"0?4 &=.1P#(*&'?&'1&%9$#Q#.*&4#4*X&L#X&(#
%P*C.1L&(1'?D8*)1&%4#'(%'"*X&4%0?+#&%'")#$*"*&%(%&+"%&51&%L#)(%&(#D1$#)#%X&*&"%&P*D&4$1
`(*&'?&)$.%&$1P*"%X&*&)$.%&?91LJ*)%X&4%0?+#)#.*&L#&D?&%95#'(1&0%.*0%&51&4%"$19(#&9#+&"#
9$/*(#X&#&'#D*&'?&*'0$1(%&4$*'"#5#.*&L#&0$1(?&?&#0<*5?
&3$1L?/*D#.*&'?&')1&4%"$19(1
D1$1&L#&'1&4$*4$#)*&%L9$#(#&-#.D#<*51&`91Q#.*&'?&6&5?(#&4%D%Q&*&4%'.#(*<*D#
?4.#+1(%C&-?9$%)(*0#X&L%/)%J#)#5?Q*&*D&L#&'1&0%L&8*V&'(#9L*5?&%$?S51D&*&?/D?&(1+"%
(#5#D(*0# &3$*'"#.*&'?&P#0&*&L#&*V&8*V%)#&N.%"#&9$#(*&?&'.?P#5?&"?$'0%C&(#4#L#5#
=.1P#(*&'?&9*.*&D(%C%&#0"*)(*5*&%L&=#>#$#&`(*&'?&P#0&4$14%$?P*)#.*&%)*D#X&L#&(1&9*
'0.%4*.*&D*$&'&H?$<*D#X&P?5?Q*&')#0#0%&L#&51&*&0%L&8*V&/#).#L#%&4$*.*P#(&'"$#V&]*V%)#&51
D*'#%&9*.#&L#&'1&%9$#/?51&)1.*0#&V$*+Q#('0#&.*C#X&?&0%5?&9*&?+.*&(1&'#D%&(#$%L*&'$1L81
f)$%41X&=#>#$*X&T1D<*X&_1'*&*&3%J#<*X&(1C%&'#&4#4*(*D&4%'$1L%)#81D&*&H#.*5#(*&*
o$#(<?/*X&4#&P#0&*&3%$"?C#.<*&B$#51D&5?(#&*/D1>?&=.1P#(#&*&=#>#$#&)1Q&'?&4%P1.*
4$1C%)%$*&%&'0.#4#8?&'#)1/#&4$%"*)&H?$#0#&]*V%)#&'#$#L8#&9*.#&51&'#')*D&4$*$%L(#i&4%'.1


 

 A2
4#L#&;%'(1&L%.#/*.#&'?&(#&$1L&8*V%)#&4%L$?P5#X&*&"%&?&)$.%&9.*'0%D&)$1D1(?&]*V%)#&51
S1J#&9*.#X&L#&'1&$#L*&9%J1C&?'41V#&<1.%C&4$1L?/1Q#&*&$#L*&)1Q1C&D%$#.(%C&#?"%$*"1"#&'"#)*
(#&P1.%&#0<*51&'#D&4#4#&3*51&II&9*%&51X&/(#&'1X&*'0$1(%&?)1$1(&%&4%"$19*&51L(%C&4$#)%C&*&(#
)1.*0%&%$C#(*/%)#(%C&0$'"#+0%C&4%0$1"#&`(&51&5#'(%&)*L1%&"?$'0?&%4#'(%'"&*&"$?L*%&'1&L#&51
4$1L%P*&*&L$?C*D#&B#L&H?$<*&'*>?&*/&;%'(1&(#&3$*D%$51&%(*&'?&)1Q&(#&)$#"*D#&U"#.*51&*
4%'"#5?&4%C*9#%&(1&)*+1&/#&;#.0#(&(1C%&*&/#&%'"#.?&f)$%4?
\#&"%&)$1D1&L%.#/*.*&'?&'19*&4$1'"$#)J1(*&;%'#(<*&*&8*V%)*&L?9$%)#P0*&'?'1L*&_*D&51
P?%&/#&%L.#/#0&H?$#0#&V1$<1C&!"514#(&4%+#%&51&?&*'"%P(*&L1%&')%51&L$S#)1X&L#&4$*91$1&J?L1
*&4%)$#"*&(101&%L&4$1L#"*V&C$#L%)#&K1Q&'$1L*(%D&5?.#&4$1%"1%&51&K.#"0%&(#&*'"%P(%5&'"$#(*
")$L*&C$#L&BJ?P&0%L&M#<0#X&#&K.#L*'.#)&(#&/#4#L(%5&C$#L&h?9?+0*&\#&%)1&#0<*51&K.#L*'.#)
51&"$#S*%&%L&-?9$%)P#(#&L#&D?&L#L?&(1+"%&)%5'01X&#.*&'?&'1&%(*&*/)*(*.*&T*'?&V"1.*&L#&(#
8*V&4#L(1&(*&'1(0#&"?$'01&'?D81&T*'?&'D1.*&P#0(*&L#&4$*D1&?&')%5&C$#L&?L%)*<?&9%'#('0%C
0$#J#X&(1C%&'?&51&?4?Q*)#.*&(#&(10%&%L&')%5*V&%'"$)#&T#'"%5#.*&'?X&D1>?"*DX&0%L&)%5)%L1
U)#(*+#&K.#"0%)*Q#X&0%5*&'1&4%'.1&'0.%(*%&P#0&?&=.1"01X&L#&'1&?&8*V%)&C$#L&4$1(1'1
'?D8*)%&"1.%&!)&b?01X&+"%&'?&C#&9%'#('0*&N$#81)<*&9*.*&'4#'.*&*/&O#5<#&?&3%J*<#&R.*&?
"%D&(*'?&?'41.*&H1.%&51&9*.%&4$1(1'1(%&?&=.1"01X&*#0%&'?&=#>#$*&?L%)*<*&0$#J#&!"14#(#
(?L*.*&"$*P1"*$*&C$#L#X&L#&9*&C#&4$1L#.#&8*D# &B#L&'?&'1&L?9$%)#P0*&4%'.#(*<*
)$#"*.*&%L&'?."#(#&'&4%)%J(*D&C.#'%)*D#X&%(*&'?&)1Q&&5?.#&L%/)%.*.*&')%5*D&"$C%)<*D#
L#&D%C?&*Q*&0$%/&;%'(?X&*'"*(#X&'&4%P1"0#&91/&*D1"0#&;*.%&51&4%"$19(%&L#&%'D%"$1&'*"?#<*5?
*&L#&)*L1&?&0#0)%D&'1&'"#8?&(#.#/1&8*V%)1&$#L81&*&*()1'"*<*51&4%'.1&<1.1&%)1&0#"#'"$%N1
[4?"*.*&'?&?&*'"%&)$1D1&*&9%C#"&4%0.%(&?&')*"*&f'#91C?&U'#0%)*Q? 
[&:1$<1C%)*(*&'")#$*&(*'?&*&%41"&*+.1&0#0%&"$19#&K.#L*'.#)&:1$<1C%)*Q&9*%&'1&'D*$*%
'#D%&/#&(10%&)$1D1X&L%0&51&4$%"?"8*.#&"?$'0#&%4#'(%'"X&4#&51&%(L#&4%(%)%&0$1(?%&$#'4$?&'
%<1D&H$#S*%&51&(1&P1")$"*(?X&(1C%&"$1Q*(?&/1DJ1&/#&'191X&4%+"%&51&V1$<1C&*D#%&"$*&'*(#
-$?C*D&$1P*D#X&*D#%&51&%"#<&L#&(#4?'"*&*.*&L1%&')%C&(#5D.#>1C&'*(#&!"14#(#X&*.*&')%5&B#%
L#&51X&?/&"%X&9*.%&*&(10*V&(1'?C.#'*<#&'#&!01(L1$91C%D&j#.1Q*&/1DJ?X&0%5#&'1&5%+&(*51
%4%$#)*.#&%L&"#0%&'"$#V%)*"%C&?L#$#&*&0%5?&51&9#$&%)#&(1'$1Q#&*D#.#&L#&"$C(1&*&%')1'"*X
=.1"#P0#&Y14?9.*0#&51&5%+&&#)C?'"#&$1+*.#X&L#&4%'$1L?51&*/D1>?&V1$<1C#&*&K.#L*'.#)#X&0#%
*&*/D1>?&!01(L1$91C#&*&%0%.(1&C%'4%L1X&L#&9*&'1&(#+#%&.10&/#&8*V%)1&(1'4%$#/?D1
[4?"*.#&*D&51&'&"%C#&51L(%C&4%'19(%C&4%'.#(*0# 
T10%.*0%&(14%/(#"*V&9%'#('0*V4.1D*Q#X&0%5*&91V?&L%+.*&?&=.1"01X&"$#S*.*&'?&5%+&
#)C?'"#& ,AX&L#&*D&'1&L#&4%D%QX&0#0%&9*&D%C.*&4%)$#"*"*&9%'#('0%&0$#J1)'")%&[&*'"%
)$1D1&%(*&'?&C%)%$*.*X&L#&4$1%"1"%&0$#J1)'")%&*&'191&(1&S1.1&'"#)*"*&(*&4%L&P*5?&L$?C?
)$V%)(?&).#'"&(1C%&'#D%&4%L&D.1"#P0?&H%&51&9*%&5#'#(&*/$#/&(1/#L%)%J'")#&'#&=#>#$*D#&*
8*V%)*D&L$S#81D&H*&*'"*&4.1D*Q*&4$14%$?P*)#.*&'?X&L#&'1&4%+#J1&4%'.#('")%&*&V1$<1C?
*&%'"#.%5&C%'4%L*&%(*V&'"$#(#X&=.1P#(*&'?&4$*'"#.*&(#&"?&4%(?L?X&51$&51&%LC%)#$#.#
8*V%)%D&%4+"1D&4.#(?&%&V$*+Q#('0%5&#0<*5*&4$%"*)&H?$#0#X&#&(#L#.*&'?&'1X&L#&9*&"%&D%C.%
?"*<#"*&*&(#&'D*$*)#81&.*P(*V&'?0%9#X&0#%&+"%&91+1&%)#5&?&V1$<1C%)%5&4%$%L*<* &O1L#(
V1$<1C%)#P0*&')1+"1(*0X&N$#&T*0%.#&\#L$#(*(X&9*'0?4&L?)#8'0*X&9*%&51&(#$%P*"%&%L$1>1(
L#&?&U'"$*&4$%4%)1L#&0$'"#+0*&$#"&4$%"*)&H?$#0#&*&L#&')#0#0%&*/.#S1&91L1&')%51&/1DJ1 
B$#J&=#"*5#&'1&/#&"%&)$1D1&*/D*$*%&'#&(1D#P0*D&<#$1D&*&4$*V)#"*%&(#P1.(%&'#)1/&'#
=.1<*D#&`)*&'?&*'0$1(%&*&'#&')%D&1(1$C*5%D&$#L*.*&L#&"#5&'#)1/&4%'"#(1&+"%&%4+"*5*
:"1.*&'?X&L#&?&8&?)1L?&*&!01(L1$91C#&*&V1$<1C#X&0#%&*&L$?C1&'?'1L(1&C.#)#$1&!&"%C#&'?
$#L*.*&*&(#&"%D&L#&*V&'.%S1&`4%D*8#.*&'?&*&0$#J#&=#"*5?X&L#&(1&4%'"*L*&')%51
4$1"V%L(*01&*&L#&S?'"$%&(#'"#)*&4%P1"%&L1.%&:1$<1C?&!"514#(?&4%$?P*)#.*&'?&4$10%&')%C
4%'.#(*0#&R("%(*5#&L1&3$*%.*'X&0#0%&*D&'1&P*(*&L#&Q1&%')#5#81&;%'(1&*Q*&FL%'"#&.#0%F
EFÈ&   &

&‚ & 
FGX&'#D%&L#&"$19#&'.%C1&*&4$1C#.#+")#&T#5C%$1
$%4'")%&?&0%51&'?&/#4#.*&0$1(?Q1&J?L1&L#&'1&%'.%9%L1&*&4%)$#"1&9#$&51L#(&L1%&*/C?9J1(%C&R
L%9*Q1&*&4%D%Q*&%L&'?'1L#X&0%5*&Q1&?/(1D*$#)#"*&H?$01&(#&$#/(*D&'"$#(#D#&T1&"$19#&P10#"*
L#&'1&H?$<*&?&;%'(*&?P)$'"1X&#&L?V%)*&%D.*"#)1&=.1"#P0%D&4%'.#(*0?&9*.%&51&4$14%$?P1(%X


 

 A,
L#&(#&')#0*&(#P*(&(#'"%5*&?)?Q*&V1$<1C#&?&#0<*5?&4$%"*)&H?$#0#X&0#%&+"%&'1&?&*'"%D&L?V?
$#L*.%&*&0%L&!01(L1$91C# &[&*'"%&)$1D1&L%/)%J1(%&51&9*.%&*&!"1)#(?&d$(%51)*Q?X&L#&%L
H?$#0#&4$1%"D1&C$#L&=1L?(&-1.%)#.*&'?&P#0&*&?&=#.%5&R/*5*&4$%"*)&=1VD1L#X&'#D%&L#&D?
/#L#5?&4%'.#&(#&)*+1&'"$#(#&-#&9*&?&:1$<1C%)*(*&4$*L%9*.*&?C.1L(*51&J?L1&/#&')%51
C.1L*+"1&*&/#&')%5?&'"$#(?&%(*&'?& &'14"1D9$#&?)$'"*.*&?&$1L&')%5*V&C$#>#(#&0(1/#
3$*9*'#)#&K?0%"*Q#&*&81C%)1&(#'.1L(*01 
U/D1>?&=#>#$#&*&=.1P#(#&'0.%4J1(&51&&'14"1D9$#& ,A&'#)1/(*&?C%)%$&%&$#"?&4$%"*)
H?$#0#X&*&"%&(1&'#D%&?&;%'(*X&(1C%&4%&<1.%D&"?$'0%D&4%L$?P5?X&')?L#&CL1&'1&D%S1&=.1P#(*
'?&)1$%)#.*&L#&4%D%Q?&N.%"1&D%C?&/#9#)*"*&H?$01&(#&)*+1&'"$#(#X&L#&'1&(1&9*&0%(<1("$*'#.*
?&51L(%D&4$#)<?&=.1P#(*&'?&*D#.*&)1'"*X&*&)1$%)#.*&'?&?&8*VX&L#&Q1&*D&'1&4$*L$?S*"*&*
'#D&4#4#X&*&"%&P#0&.*P(%X&*&L#&Q1&*D&'"*Q*&?&4%D%Q&*&L$?C*&V$*+Q#('0*&0(1/%)*&`(*&'#D*
/#4%P1.*&'?&(14$*5#"1J'")#&?&=%$15*&*&*D#.*&'?&*/)1'(*V&?'41V# 
=#>#$'0#&)%5'0#&4$1+.#&51&?&;%'(?&4%P1"0%D&%0"%9$#X&*&"%&0%L&M$#L*+01&`L#".1&'1X&?&L)1
0%.%(1X&0$1"#.#&4$1D#&O#5<?&O1L(?&0%.%(?&)%L*%&51&UD9$%&\#4%J#i&#&L$?C#X&?&0%5%5&'1&(#.#/*%
'#D&0$#JX&4$1+.#&51&!#(?&*&4$10%&BJ?P#&?L#$*.#&(#&'$1L*+"1&/1DJ1&B$#J?&'1&4$*L$?S*%
'#&V$)#"'0*D&P1"#D#&=#$"*(&o$#(0%4#(&B$#J&C#&51&/#&"%&?&51L(%5&4%)1J*&%L&A&(%)1D9$#
 ,A&(#$%P*"%&4%V)#.*%&*&4%'.1&(#C$#>*)#%
&F[&)%5(%D&4%V%L?&0$#J1)?&?P1'")%)#.*&'?
"#0%&$1Q*&')*&C.#)(*&P*D91(*<*&?C#$'01&')1"1&0$?(1FX&4#&P#0&*&0#.%P0*&(#L9*'0?4&*&L$?C#
L)#&9*'0?4# &=#"*5*&51&9*.%&D(%C%&'"#.%&L%&"%C#&*&L#&4%L*C(1&4#.*&D#>#$'0*&?C.1L&*&L#
'")#$#81D&(%)%C&9%'#('0%C&91L1D#&/#+"*"*&?C#$'0?&C$#(*<?&-#&(*51&D%C#%&$#/)*"*&)*+1
#0"*)(%'"*&C.#)(*&51&$#/.%C&"#5X&+"%&(*51&*D#%&(#&$#'4%.%S18?&(%)#<#X&L#&9*&4$*0?4*%&)1Q*
9$%5&)%5'01&*&L#&9*&51&9%J1&%4$1D*%&!&"%C#&'1&4$)*V&L#(#&%0"%9$#&%9$#Q#%&=.1P#(*D#
"$#S1Q*&L#&D?&%(*&4%D%C(?&=.1P#(*&'?&4$*'"#.*&L#&D?&*'4.#Q?5?&/#&+1'"&D1'1<*&4%& 777
L?0#"#&\#&"%&)$1D1&81C%)#&51&)%5'0#X&91/&D(%C%&%"4%$#&%L&D#.*V&"?$'0*V&4%'#L#X&'"*C.#&L%
O#5<#&3%&L%.#'0?X&(1CL1&%0%&7&%0"%9$#X&*/)$+*.1&'?&V$*+Q#('01&P1"1&4$)*&5?$*+&(#&C$#LX&*
?'41.1&'?&L#&'1&4$19#<1&4$10%&)#$%+0*V&/*L*(#&H?$'0#&4%'#L#&4%)?0.#&'1&4%"%D&?
?(?"$#+8*&C$#LX&#&=#>#$*&'?&4%P1.*&'#&%4'#>*)#81D&\#&$#/.*0?&L$S#8#&9%'#('01&*&"?$'01
)%5'01&L%'"#&51&(#)1'"*&'#D%&%)?&P*81(*<?&L#&'?&;%'#(<*&4$1L#.*&C$#L&'0%$%&91/&*0#0)1
9%$91X&#&L#&51&D#.#&"?$'0#&4%'#L#&9$#(*.#&O#5<1&'0%$%&L)#&D1'1<#&*&L#&51&0$#J?&=#"*5*&/#L#.#
L%'"#&D?01
3$1&(1C%&+"%&'?&4%P1.1&%41$#<*51&D#>#$'01&)%5'01&?4?"*%&51&K.#L*'.#)&:1$<1C%)*Q&')%51
4%'.#('")%&?&=.1"01X&0%51&51&*D#.%&4%(?L*"*&=.1<*D#&L#&%(*&4$*V)#"1&9%'#('0%
0$#J1)'")%&=.1P#(*&'?&A&%0"%9$#&%LC%)%$*.*X&L#&'?&)1%D#&/#V)#.(*&(#&"%5&4%(?L*X&#.*&L#
51&D#>#$'0*&0$#J&/#4%P1%&')%5?&#0<*5?&*&L#&51&)1Q&/#?/1%&O#5<1&-#J1&(*'?&V"1.*&(#D1$(%&$1Q*
(*+"#&)*+1X&L#&'1&(1&9*&/#4.*"#.1&'")#$*&!#D%D&K.#L*'.#)?X&0%5*&51X&0#%&*&U)#(*+
K.#"0%)*QX&8*V%)&L$?C*&4$*5#"1JX&"$#S*%&/#&'191&51L#(&L1%&%'"$)#&;$#P#X&%LC%)%$*.*&'?X&L#
"%&(1&D%C?&?P*(*"*&51$&'?&4$1D#&'"#(%)(*<*D#&"%C&%'"$)#&?&%9#)1/*&L#&Q1&*V&P?)#"*&*&(*0%D
(1&4$1L#"* &K.#L*'.#)&51X&D1>?"*DX&?4#%&'&)%5'0%D&?&;%'(?&*&?/1%&51&(10#&D1'"#&*&0$#51)1
*/5#)J?5?Q*&L#&"%&P*(*&?&*D1&=.1"#P01&Y14?9.*01&H%&51X&'#')*D&4$*$%L(%X&*/#/)#.%
*/(1(#>181&D1>?&=#>#$*D#&*&%(*&'?&"$#S*.*&%95#+8181&%L&Y14?9.*01&U/&=.1"#0#&'1
%LD#VX&&%0"%9$#X&%LC%)%$*.%&L#&51&"%&)$+1(%&91/&8*V%)#&/(#8#&*&L#&%(*&(*'?&L#.*&(*0#0)#
4%)%L#&/#&"%&`(*&'?&4$1C%)#$#.*&'&K.#L*'.#)%DX&L#&C#&'D*$1&'&%<1D&*&L#&C#&%L)%51&%L&)1/#&'
H?$<*D#X&#.*&(1&*&L#&0)#$*&'#)1/(*P01&%L(%'1&=.1P#(*&(1D#5?&(*+"#&4$%"*)&D#>#$'01
#0<*51&?&;%'(*X&P#0&*D&8*V%)*&?'41'*&"#D%X&0#%&4$#)*D&V$*+Q#(*D#X&'")#$#5?&*'"*('0?
$#L%'"&K.#L*'.#)X&D1>?"*DX&(*51&C%)%$*%&%(#0%&91/&*0#0)#&4%)%L#&]1D?&51&D.1"#P0*
0(1/&*/&!4.*"#&9*%&L%*'"#&L#%&"$*&/#'"#)1&!)&=#$0#&*& 7&J?L*X&'#D%&'?&'1&=.1P#(*
9$#(*.*X&L#&51&"%&81D?&9*.%&L#"%&/#"%X&L#&9*&'#D%&4%)$#"*%&')%51&%9.#'"*&*&C$#L%)1
['41V&=#>#$#&L*C#%&51&L?V&0%L&V$*+Q#(#&*&%S*)1%&D(%C1&(#L1&U&%4$1/(*&-?9$%)P#(*&91V?
$1+*.*&2&(%)1D9$#&L#&4%/%)?&0$#J#&=#"*5?X&L#&P#0&L%>1&?&8*V%)&C$#L&3%'.1&'?&D?&4%'.#.*
*&(1+"%&4$#V#&(#&4%0.%(&*&.10#$#&L#&D?&.1P1&$#81(*01


 

 A6
=#>#$'0*&?'41'*&L1.%)#.*&'?&*&(#&V1$<1C#&!"514#(#&*&(#&81C%)#&'*(#&K.#L*'.#)#&`)#5&51
9*%&%')%5*%&'1)1$%/#4#L(1&S?41&%L&3$%/%$#&L%&j?4#8<#&*&%(L#&51X&')#0#0%&4%'.1&D.1"#P0%C
%LC%)%$#X&4$*+#%&=#>#$*D#&B$#J?&=#"*5*&51&81C%)#&'#$#L8#&9*.#&L%9$%&L%+.#
:1$<1C%)#P0#&)%5'0#&L$S#.#&51&.*(*5?&%L&3$%/%$#&L%&-%81C&K#0?N#&*&'4$1P#)#.#&51&4$*.#/#0
H?$#0#&O#5<?&'#&"1&'"$#(1&!1D&"%C#&%(#&51&?"*<#.#&*&'&D%$#.(1&'"$#(1X&?51L*8?5?Q*&')1
V$*+Q#(1&?&9%$9*&4$%"*)&H?$#0#&T%)*&L?V&L%(1%&51&*&4%D*$181&*/D1>?&%<#&*&'*(#&*
%D%C?Q*%&8*V%)?&'#$#L8?&=.1P#(*&'?&(#'"%5#.*&0%L&V1$<1C#&L#&4$*/(#&'")%$1(%&'"#81X
4%+"%&51&K.#L*'.#)&)1Q&4%'1%&%(1&%9.#'"*&(#&0%51&51&4%.#C#%&4$#)%&`9#)1'"*.*&'?&C#&*&%&"%DX
L#&51&,&(%)1D9$#&'0.%4J1(&*&N%$D#.(*&'#)1/&'&4#4%D&*&9?$C?(L'0*D&)%5)%L%D&*&L#&'1&%(*
(#L#5?X&L#&Q1&*L?Q1&C%L*(1&4$1(1"*&9%$9?&L#.10%&(#&"?$'0%&4%L$?P51&*&81C#&%91+"1"*"*&/#
?P*81(1&?'.?C1&K%5)%L#&K.#"0%X&L$?C*&'*(&V1$<1C%)X&4%'"*C#%&51&/#&"%&)$1D1&(#&*'"%0?&.141
?'41V1&3%)$#"*%&51&51L#(&L1%&3#).%)*Q1)#&4%L$?P5#&'#&+1'"&C$#L%)#&*&51L#(&L1%
B%)#P1)*Q1)#&'#&"$*&C$#L#X&%L&0%5*V&51&51L#(&9*%&9.*/?&!$19$1(*<1&H?$01&51&"#D%&L1.%D
4%9*%X&#&L1.%D&$#'"1$#%&B$#J&=#"*5#X&?&')%5%5&4%)1J*&4*'#(%5&4%L&O#5<1D&,&L1<1D9$#X
(#/*)#&F')%5*D&)1$(*DF&*&V1$<1C#&*&K.#L*'.#)#&:%"1Q*&L#&C#&(#C$#L*&/#&81C%)&"%9%S8*
#("*"?$'0*&'"#)&4$*.*0%D&4#L#&;%'(1&*&/#&81C%)1&(%)1&?'.?C1X&0$#J&51&K.#L*'.#)#&?)$'"*%&?
$1L&D#>#$'0*V&9#$%(#&*&?'"?4*%&D?&S?41&['0%4J1X&Y#D?&*&b*)(%&'#&C$#L%)*D#&K1'1.%D
!"$#S%DX&3$%/%$%D&*&b*)(%DX&'#&')*D#&C$#(*<#D#&0%51&51&K.#L*'.#)&4$1%"1%&%L&H?$#0#
K.#L*'.#)&'1&/#&"%&%9#)1/#%&=#"*5*&(#&)1$(?&'.?S9?&*&'#)1/(*+")%&*&4$*'"#%&51&L#&?'"?4*
=#>#$*D#&9?0%)#P0*&C$#L&'#&(1$1")#('0%D&%9.#+Q?&-%9*51(1&S?41X&0%51&'?&L1.*D*P(%
4$*4#L#.1&$#(*51&9%'#('0%D&0$#J?&*&0%51&'?&/(#P*.1&/(#"(%&4$%+*$181&81C%)#&4%L$?P5#X
D%C.1&'?&L#&/#D1(1&"%&?'"?4#81&*&L#&%'1"(%&4%5#P#5?&K.#L*'.#)%)&?C.1L&:1$<1C&'#D&L%+#%&51
'#&')%5%D&)%5'0%D&4$1L&O#5<1&?&4%D%Q&=#"*5*&*&V)#.*%&'1&4%'.1X&L#&51&%(&')%5*D&?P1+Q1D
%L.?P*%&4%91L?X&51$&51&=#>#$#&?&9%$9*&9*.%&D#.%&3$*P#%&51&P#0X&L#&51&J?"&'?."#(&C%)%$*%X
0#0%&F & &&q‚&&
&wy&&& & & && F
[&5#5#P0%5&)#$%+*&*/L#%&51&0$#J&=#"*5#& &L1<1D9$#&4%")$L?&*D#8#&?&!$19$1(*<*&*&%0%
!$19$1(*<1&(#'.1L(*<*D#&-?9$%)P#(*(#&-#9*S*)#&b#"*(*<1X&0%51&'?&H?$<*&4$%"1$#.* 
`4'#L#&O#5<#&%"1C.#&'1&4$*.*P(%&L?C%&*&?&"1+0%&/*D'0%&L%9#&/#L#)#.#&51&D(%C%&(1/C%L#&*
%4'#>1(*D&*&%4'#>*)#P*D#&\#&%4'#L(?&)%5'0?X&0%5#&(*51&*D#.#&L%)%J(%&'*C?$(*V&0%(#P*+"#
*&9*.#&*/.%S1(#&0*+*&*&'(1C?X&(1)%J1&'?&9*.1&L%'"#&)1.*01&R.*&*&%4'#>1(*&'?&4#"*.*&%L
(1L%'"#"0#&V$#(1&;$%5&'4%'%9(*V&9$#(*.#<#&9*%&51&4#%&(#&')1C#& A7&J?L*&B$#J&=#"*5#X&L#
4$10$#"*&D?01X&91+1&(#$1L*%&')1&4$*4$1D1&/#&5?$*+&,&L1<1D9$#&R.*&(#&'#D&;%S*QX&)#JL#
$#P?(#5?Q*&'&"*D&4$#/(*0%DX&'"*S1&"?$'0%&4%'.#('")%&*/&C$#L#X&0%51&4%(?L*&4$1L#5?&B$#J&51
4$*D*%&%4'#>1(1&*&%LD#V&?4?"*%&)%5'0?&?&C$#L&K1Q*&L1%&"?$'01&4%'#L1X&/#51L(%&'#
/#4%)1L(*0%DX&4$*'"#L1&L#&'"?4*&?&D#>#$'0?&)%5'0?&`LD#V&4%"%D&4$1L#L%+1&'1&*&%0%.(*
C$#L%)*&*&?")$>18#X&8*V&%0%&,7&(#&9$%5?&=1>?&8*D#&51&9*%&*&\)1P#5X&P*5*&/#4%)1L(*0
B%('"#("*(&5#(*P#$&'&$#L%+Q?&91.1S*X&0#0%&'1&%41"&(#+#%&D1>?&')%5%D&V$*+Q#('0%D
9$#Q%D&]1D?&/#V)#J?51D%&*&(#59%J*X&D#L#&(1&?)10&*&(#54%?/L#(*5*X&%4*'&')*V&%)*V
L%C#>#5#

O#5<1&51&4#.%&4$1&(1C%&D?&51&'"*C.#&"$#S1(#&4%D%Q&*/&!4.*"#&*&e*91(*0#&'#&4$#V%D&*
J?L*D#&=#>#$*&'?&'&"%C#&4$19#<*)#.*&=.1P#(*D#&L#&*V&(1&4%D#S?&L%)%J(%&*&L#&51&<1%
"1$1"&9%$91&4#%&(#&8*V&=.1"#P0#&Y14?9.*0#&%L9*5#.#&51&"1&4$10%$1&*&(#)%L*.#&51&+"#&51&')1
?$#L*.#X&#.*&51&4$*'"#.#&L#&')%51&(#4%$1&*L?Q1&C%L*(1&*&4%)1Q#&\#&L%C%L*+8?&)%5(?&%(#&51
%91Q#.#&,7777&L?0#"#X&*&"%&7777&L#&L#L1&?(#4$1LX&0#0%&9*&'1&0$#J&D%C#%&9%J1
'4$1D*"* 
`')#5#81D&O#5<#&0$#J&=#"*5#&51&/#&"?&C%L*(?&/#)$+*%&')%5?&#0<*5?&?&;%'(*&['$1L&/*D1&?
9%'#('0*D&4.#(*(#D#&$#"%)#81&9*&9*.%&)1%D#&(#4%$(%&*&S$"#)#&9*&9*.%&L#.10%&)*+1&(1C%
+"%&9*&9*.%&4%"$19(%X&R&*&/#&%'0?L(?&0$#J1)?&0#'?&*/L#<*&9*&4%'"#.*&(1*/L$SJ*)*
3%.#/1Q*&0?Q*&0$#J&'(#9L1&O#5<1&*&%0%.(#&D1'"#&4$#V%D&*&%$?S51DX&#&/#&/#4%)1L(*0#&?&C$#L?
4%'"#)*&U)#(#&!10?.?&%L&:*L)1C#&]1D?&*&81C%)?&9$#"?&T*0%.*&0$#J&51&?/&"%&L#$%)#%&C$#L


 

 A@
B%/#$?&?&'#('0%5&S?4*&!D#"$#5?Q*&L#&/#&4%'"*C(?"1&?'41V1&D(%C%&/#V)#J?51&)%5)%L*&UD9$*
\#4%J*X&4.1D*Q?&*/&4%S1+01&S?4#(*51&*&L#.10%D&4%"%D0?&4.1D1(#&'"#$%C#&9%'#('0%C#&9#(#
;%$*Q#X&0$#J&=#"*5#&C#&*D1(%)#&FC?91$(#"%$%DF&;%'(1&-#%&D?&51X&?/&"%X&*&P*(&*&"*"?.?&9#(#
-#.D#<*51X&:$)#"'01&*&!.#)%(*51&*&4$*%$#&)$#('0%C&:"1%&51&"*D&(1'?D8*)%&"1+81&)1/#"*
%'.%9%>1(*&L1%&;%'(1&'#&'?'1L(*D&%9.#'"*D#X&0#0%&9*&'1&9%J1&D%C.#&%$C#(*/%)#"*&%L9$#(#&*
4$*0?4*"*&'(#C#&/#&')#0*&'.?P#5 &`'.%9%>1(*&L1%&;%'(1&/#V)#"#%&51&/#4#L(?&'"$#(?&'"#$1
0$#J1)*(1X&4$1"1S(%&'"#$?&:$)%51)?&%9.#'"X&0%5#&51&%L#)(%&*D#.#&)1/#&'#&'?'1L(%D
-#.D#<*5%D&*&:$)#"'0%D&*&P*5#&51&4%)1/#(%'"&4$1"'"#)J#.#&*&*/)1'(?&V*'"%$*'0?&"$#L*<*5?
*&)%5(*P0?&4%"$19?
3%P1"0%D&D#$"#& , &=.1P#(*&'?&%41"&'"#.*&(#)#J*)#"*&(#&=#>#$1X&L#&(1&/#'"#(?&'#
4%P1"%D&#0<*5%D&`9(%)*.*&'?&')%51&N*(#('*5'01&4%(?L1X&#&'"#)J#.*&'?&?&*/C.1L&*&')%5?
4%5#P#(?&#0"*)(%'"&0%L&4#41&*&%'"#.*V&V$*+Q#('0*V&).#L#$#&L#&*D&'1&4$*L$?S1&3%D*8#.#
'1&P#0&*&D%C?Q(%'"&D*$#&*.*&4$*D*$5#&*/D1>?&f(C.1'01&*&o$#(<?'01X&0%51&9*X&%(L#X&'#
/(#"(*D&9$%51D&)%5(*0#&4$*+.1&%4+"%5&V$*+Q#('0%5&.*C*&B$#JX&D1>?"*DX&(*51&D%C#%&L#
4$1L?/D1&(*+"#&)1Q1&*&#0"*)(*51X&51$&'1&(#.#/*%&?&'"#.(%5&(%)P#(%5&%'0?L*<*&\#9$*(?"*X
=.1P#(*&'?&C.1L#.*&0#0%&?/#.?L&4$%.#/*&)$1D1&(#&V$*+Q#('0%5&'"$#(*X&#&0#0%&'1&H?$<*
%/9*J(%&'4$1D#5?&K1Q&&5?(#& , &5#)J#.*&'?&%(*&?&Y*DX&L#&H?$<*&0%L&O1L$1(#&'4$1D#5?
)1.*0?&)%5'0?&*&L#&51&4%'"141(%&?4?Q?5?&(#&/#4#LX&4$1D#&!%N*5*&!*C?$(%&51X&L#&Q1&51&?4?"*"*
4$%"*)&=#>#$#&`(*&(*'?&0$*.*&')%5?&9%5#/#(X&L#&=#>#$*X&%'"#)J1(*&'#D*X&(1Q1&D%Q*
%L%.1"*&"%.*0%5&'*.*&-)1&(1L1J1&4%"%D&'"*C.1&'?&?&=.1"01&)1'"*X&L#&51&?&;%'(?&L%+.#&(%)#
"?$'0#&)%5'0#X&P*5*&51&9$%5&9*%&%0%&A777&0%8#(*0#X&#.*&0%5*&'1&?&4$)%D&'"$#V?&<1(*%&D(%C%
)*+1X&*&L#&4$1L#51&%C8?&')1&%(1&0$#51)1X&0%5*&'?&'1&9*.*&%'.%9%L*.*&!0%$%&?&%P#5#8?
Y14?9.*0#&51&6&5?(#&4*'#.#X&0#0%&'1&9%5*&L#&%L&(#D1$#)#(1&V$*+Q#('01&#0<*51&(1Q1&(*&%)1
C%L*(1&9*"*&(*+"#X&#&?&;?L*D&51&4%$?P*)#.#&L#&'1&9#$&%(*&0$1(?X&*&"%&P*D&4$1&B$#J
=#"*5#&51X&D1>?"*DX&?4?"*%&51L(%C&')%C&4%'.#(*0#&?&Y*DX&L#&)*L*&+"#&'1&')1&'4$1D#.%&(#
4#4'0%5&0?$*5*&*&L#&"#D%&4%'41+*&'")#$
H?$'0*&0%8#(*<*X&0%5*&'?&'1&/#.1"1.*&?&/#4#L(?&;%'(?X&L%4$.*&'?&9.*/?&!4.*"#X&+*$1Q*
'"$#V&*&4%0%$&\#$%9*.*&'?&*&%L)?0.*&'#&'%9%D&%0%&A777&L?+#&H%&51&%P1)*L(%&9*.#
*/)*L(*<#X&0%5#&'1&L%'"#&9$/%&4%)?0.#X&*/)$+*)+*&')%5&/#L#"#0
T#&)1'"*&%&"%D&"?$'0%D&?4#L?&*&"?$'0*D&4$*4$1D#D#&?%4+"1&$1+*%&'1&(#54%'.1&4#4#X&L#&*/
Y*D#&4%>1&?&O#0*(X&D1>?&"#D%&4$*0?4J1(1&0$'"#+1&`(&'1&*D#%&*&V"1%&.*P(%&'"#)*"*&(#&P1.%
V$*+Q#('01&N.%"1&*&)%5'01&0#%&L?V%)(*&*&'")#$(*&)%>#&(%)%C&0$'"#+0%C&4%V%L#&H#D%&'1
4%P1"0%D&#)C?'"#&'4$1D#%&*&D.1"#P0*&L?SL&R.*&?'$1L&"*V&4$*4$1D#X&0#%&(10*D&?L1'%DX&)1Q
%'"#$1.*X&4?"1D&*&$#/(*D&?/9?>18*D#&*/D%$1(*X&4#4#&3*5&?D$1&2&#)C?'"#&=#.%&4$1L&'D$"
L)#&L?9$%)#P0#&4%'.#(*0#&4$*0#/#.#&'?&D?&'"#81&?&8*V%)?&'?'1L'")?&0#%&)1%D#&.%+1&H#0%
'1&'#L&')*&"*&0$'"#+0*&4.#(%)*&$#/9*+1&%L51L(%D&U&'#D&4#4#X&?&4%"4?(%5&%'0?L*<*
'$1L'"#)#X&9*%&51&4$*(?>1(&FL#&%"4?'"*&0$'"#+1X&0%5*&'?&%L&(1'"#+*<1&4$%L#.*&')%51
%$?S51F&H1$1"&$#"#&4#L1X&4$1D#&"%DX&4%(%)%&'#D%&(#&'"#$1&'#)1/(*01X&=.1P#(1&*&=#>#$1
\#&"%&)$1D1X&&5?.#&"?$'0#&51&)%5'0#&4%(%)%&'"*C.#&4%L&O#5<1&H%D&C$#L?X&0#%&9%'#('0%5
4$1'"%(*<*X&L#)#.*&'?&(#$%P*"&/(#P#5&*&H?$<*&*&=#>#$*&H?$'0#&4$1"V%L(*<#X&0%5?&51&)%L*%
=#VD?L4#+#X&9$%5#.#&51&*&%41"&%0%&7777&J?L*&U'4%L&O#5<#X&&5?.#X&?4?"*%&51&4#+#&51L(%
'$4'0%&4*'D%X&4*'#(%&Q*$*.*<%DX&?&-?9$%)(*0X&?&0%D&51&5#)J#%&/#&')%5&L%.#/#0&*&0%$*%&*VX
+"%&D?&5%+&(*'?&4%'.#.*&')%51&4%'.#(*01&H$#S*%&51&%L&8*V&+#.*"$1&*&'?D4%$#&*&777
L*(#$#X&*&"%&+"%&4$1&]1C%)1&P1"1&4?'"%+*.1&'?&4%&%0%.*(*&*&L%4$.1&'?&P#0&L%&4%L$?P5#
!"14#(#&o$#(0%4#(#&*&/#$%9*.1&D?&51L(%C&'*(#&`L&H?$#0#&'1&91V?&?4.#+*.*&*&9*)+*
L1'4%"%)&)%5)%L#&=*.%+&;*%D?S1)*Q&*&Y#L%'#)&K?0%"*QX&4#&'?&4%P1"0%D&#)C?'"#&"$#S*.*
'0.%(*+"#&(#&L?9$%)#P0%D&4%L$?P5?&3#(*01&51&9*.%&*&4%&:1$<1C%)*(*&[&-?9$%)(*0?&'1
5%+&2&5?.#&9*.%&$1+*.%X&L#&'1&D%C?&'0.%(*"*&(#&8*V%)%&".1&*&%'"$)#&F)#/#.*&)%5)%L1
K.#L*'.#)#F&F
&‚ &&¼  F &R.*&%)%C#&4?"#&'#&?/*D#81D&5#5#P0%C&C$#L#&(*51
*+.%&(*&%(#0%&9$/%X&(*&%(#0%&.#0%X&0#%&4$%+.1&C%L*(1&3%'#L#&51&5?(#P0*&*/L$S#)#.#


 

 A
(14$1'"#(%&9%D9#$L%)#81&*&9$#(*.#&'1&?4%$(%&H?$<*D#&(*51&4%D%C.%&(*&"%X&+"%&51&%4'#L(%5
)%5'<*&L%+#%&'#D&'?."#(X&9%L$1Q*&51&(#&')1&(%)1&5?$*+1&=#>#$*&'?X&"%&"$19#&4$*/(#"*X
9$#(*.*&"#5&9%'#('0*&C$#L&9%J1&%L&'#D*V&;%'#(#<#&!?."#(&51X&*/C.1L#X&)1$%)#%X&L#&Q1&*&%)1
C%L*(1X&0#%&*&4$%+.1X&9*"*&9$S1&C%"%)X&4#&'1&(#L#%&L#&9*&$#"&D%C#%&4$1(1"*&*&?&[C#$'0?&-%0
'1&%(&(#.#/*%&0%L&)%5'01&4%L&O#5<1D&'"*C.#&D?&51&)1'"X&L#&'1&=#>#$*&'4$1D#5?&(#&%N#(/*)?
U/)*L(*<1&UD9$1&\#4%J1X&0%5*&51&4$1+#%&!#)?&'&(1+"%&)%5'01&?&4$)%5&4%.%)*(*&#)C?'"#X&)1Q
'?&%41$*'#.1&(#&4?"?&%L&;#81&b?01&`9#)1+"1(&%&"%D&'?."#(&51&(#$1L*%&(#&K1.*0?&M%'4%5*(?
%4+"*&5?$*+&(#&O#5<1X&L#&9*&'&8*D&')$+*%&4$1&(1C%&L%>?&=#>#$*&R.*&(*&"#5&5?$*+&(*51
?'41%&3%'.1&81C#&'?."#(&51&P#0&9*%&"%.*0%&$#/%P#$#(X&L#&51&(#$1L*%&%4+"1&4%).#P181i&4#&51X
+"#&)*+1X&/#4%)1L*%&*&"%X&L#&'1&(10*&"%4%)*&4%9#<#5?&?&)%L?X&L#&D?&(1&9*&%"1S#)#.*
D#$+1)1&e"#&51&9*%&4$#)*&$#/.%C&"#0)%5&81C%)%5&%L.?<*&(1&D%S1&'1&'*C?$(%&?")$L*"*&-#&.*
'1&4%'.1&"%.*0*V&C?9*"#0#&*&/#D%$#&4%L&O#5<1D&(*51&?'?>*)#%&L#&4$*D*&9%$9?&'&%LD%$(*D
=#>#$*D#X&P*51&D?&51&L$S#81&?&O#5<?&')#0#0%&D%$#.%&*D4%(%)#"*i&*.*&D?&51&(1'"#.%&V$#(1&*
D?(*<*51i&*.*&'?&D?&'"*C.1&(101&L$?C1&)1'"*X&&')1&"1&D%C?Q(%'"*&L%.#/1&?&%9/*$X&#.*&(*&/#
51L(?&(1&D%S1D%&")$L*"*&L#&51&4$1)#C(?.#&\(#D%&'#D%&4%?/L#(%X&L#&'?&H?$<*&4$1"$41.*
%'1"(?&+"1"?&*&L#&'1&8*V%)%&9$/%&4%).#P181&"?D#P*.%&0#%&91C

B$#J&=#"*5#&L%9*%&51&C.#'&%&"%D&4$1&(1C%&+"%&'1&*/&M%$5#(#X&'&-?(#)#X&9*%&.*P(%&0$1(?%
4$1D#&;%'(*&`LD#V&4%"%D&%(&51&(#$1L*%&L#&51L#(&L1%&81C%)1&)%5'01&4$1>1&!#)?X&L#&9*&D%C#%
4$#"*"*&'?."#(%)#&0$1"#8#X&4#&51&L%'0%$#X&4%P1"0%D&%0"%9$#X&*&%(&4%+#%&/#&8*D&T#&4*"#81X
/#+"%&51&=#"*5#&0$1(?%&?/&-$*(?&4$1D#&\)%$(*0?X&(1&D%S1D%&L#"*&4$#)%C&%LC%)%$#&H1+0%&51
%L.?P*"*X&L#&.*&51&V"*%&?(*+"*"*&/#.#/(*<1&C.#)(1&)%5'01&'?."#(%)1X&*.*&51&V"*%&%'.%9%L*"*
?'%$'0?&*&'%.'0?&9#(%)*(?&*/D1>?&;%'(1&*&-$*(1&*&"#0%&'#')*D&4%"P*(*"*&;%'(?X&*.*&51&4#0
S1.*%&?&4%'51L?&D#P)#('01&S?4#(*51&/#&'191&%'*C?$#"*&"#L#8?&!$9*5?F &3%5#)#&)1Q1
D#>#$'01&)%5'01&*&?'41V&0%L&O#5<#&L1.%)#.*&'?&(#&*/)1'(1&J?L1&*&C$#L'01&4%'#L1&?&;$'(*
"#0%X&L#&'?&'1&%(*&'#D*&4$1L#)#.*&=#>#$*D#
H?$'0*&(#D1'(*0?&;%'(*&=?V#D1L4#+#&=*(1"%)*Q&'4$1D#%&'1X&L#&=#>#$*D#&0%.*0%&D%C(1X
'#&D#.%&$#'4%.%S*)1&)%5'01X&'4$1P*&4$*9*$#81&?&"%D&4$#)<?X&0%51&51&D%C.%&4$1'1Q*&"?$'01
)1/1&'#&'$1L*+8%D&;%'(%D&*&0%D4$%D*"%)#"*&')1&?'41V1&(#&"%5&'"$#(*&K1.*0?&)#S(%'"
4%.#C#%&51&(#&")$L*&C$#L&\)%$(*0&`(&'&"%C#&?4?"*&"#D%&)$.%&'4%'%9(%C&!01(L1$#
=*V#*.%)*Q#X&')#0#0%&4%"?$P18#0#X&0%D1&L#L1&4%'#L?&%L&277&)%5(*0#&*&L%'"#&'$1L'"#)#&L#
?")$L*&C$#L&=#>#$'0?&)%5'0?&)%L*%&51&L%.*(%D&-$*(1&UD9$%&\#4%J#X&#&'&8%D&51&*+#%&*
0$#J&=#"*5#&[&'D1.%D&*&(1(#L(%D&/#.1"?&\#4%J#&51&'"*C#%&L%&!$19$1(*<1&*&%4J#P0#%&51X&#
D#>#$'01&"$?41&/#4%'1.1&'?&<1.?&0%".*(?&L%&Y%C#P*<1&R.*&0#%&+"%&'?."#(&(*51&*D#%&?'41V#
4%L&O#5<1DX&"#0%&(*&0$#J&=#"*5#&(*51&*D#%&4$#)%C&?'41V#&4%L&\)%$(*0%D&H?$<*D#&51&L%'"#
4%D%C#%&=?V#D1L4#+#X&0%5*X&*'"*(#X&(*51&'D1%&L#&'1&?4?'"*&'&=#>#$*D#&?&9%$9?X&#.*&0%5*&51
(#(%'*%&+"1"1&8*V%)*D&%L)%51(*D&%L$1L*D#&*&'4$1P#)#%&*D&L%)%/&V$#(1&B#L&51&\#4%J#X&?
"%0?&9%$9*X&9*%&$#81(&?&%0%X&*&0#L&51&/9%C&0*+%D&$#'0)#+1(*V&4?"1)#&*&"?$'0*V&'D1"8*&9*%
%"1S#(&L%)%/&V$#(1&/#&)%5'0?X&=#>#$*&9$/%&D#.#0'#+1&*&(#4?'"*+1&%4'#L?&\)%$(*0#&_*(*
'1X&L#&'1&*&8*D#&4$*.*P(%&S?$*.%X&51$&'?&%'"#)*.*&51L#(&L1%&"%4%)#&*&Z19#(1&-?$'?(91CX
0%5*&51&.*P(%&?P1'")%)#%&?&"%D&$#"?X&4$*P#X&L#&'?&'1&=#>#$*&4%)?0.*&/9%C&(#D1$(%&%L&H?$#0#
4?+"1(*V&)1'"*X&L#&*D&'?."#(&'"*S1&?&4%D%Q&H%&4%")$>?51&*&;%(N*(*51)%&4$*P#81&4%
D#>#$'0*D&'#%4+"18*D#&B#L&'?&)*L1.*&8*V%)%&4%).#P181&H?$<*&'?&'*'"1D#"'0*&(#4#L#.*
8*V%)1&/#.#/(*<1&*&(#(1.*&*D&L%'"#&C?9*"#0#&H?$<*X&4#&*&B$*"%)?.X&4$*0#/?5?&%)%&D#>#$'0%
4%).#P181&0#%&4$#)*&91C&U&;%(N*(*&4%D*81&9#+&F &‚F&`(%&51&*/)$+1(%
'$1L*(%D&(%)1D9$#&T#+*&.1"%4*'*&/#91.1S*.*&'?X&L#&51&<#$&=1VD1L&9*%&F$#/9*51(F&4%L
O#5<1D&&'14"1D9$#&*&L#&51&F4%91C#%&*'4%L&81C#F&FU&`?C$*&\)%(*0¯&$¯)#+1&*&(1&4$*D*+1
51C%F &H#L#&51X&4%&')%5&4$*.*<*X&?C.1L(*&4.1D*Q&Y#L*P&-*(*P*Q&4$1+#%&?&=#>#$'0?&*&?
4$%.1Q1& ,2&L%9*%&%L&=#"*51&4%'1L&-%(#"%$8?&?&P#(#L'0%5&S?4#(*5*
T1?'41V&%)#5&/(#P*%&51&"1+0%&$#/%P#$#81&*&/#&9?L*D'0*&L)%$&*&/#&81C%)1&V$*+Q#('01
4$*5#"1J1&=.1P#(*&'?&'1&?&%0"%9$?&(#L#.*X&*&%&"%D&4*'#.*&*&4#4*X&L#&Q1&=#"*5*&4%Q*&/#
$?0%DX&L#&4%"4?(%&4%"*'(1&H?$01&*/&;%'(1&`(*&'?&P#0&?4%"$19*.*&*/$#/1&F  &È


 

 A7
 
&  F&]*D#X&*'"*(#X&(*51&9*.#&4%/(#"#&4?(#&*'"*(#&%&/#)$+1"0?&4%V%L#&4$%"*)
\)%$(*0#X&#.*&*D&51&?9$/%&4%'"#.%&5#'(%X&L#&')1&"1&)1.*01&4.#(%)1&?&)1/*&'&D#>#$'0%D
%N#(/*)%D&4$%"*)&H?$#0#&"$19#&?&9?L?Q(%'"*&4%'D#"$#"*&'&)*+1&'014'1&B$#J&'1&4%P1"0%D
 ,2&%9$#Q#%&Y14?9.*<*&D%.1Q*&51&/#&(%)#<X&L#&9*&D%C#%&4%'.#"*&(1+"%&)%5'01&?&;%'(?&F/9%C
%4#'(%'"*X&0%51&D%C?&/#L1'*"*&"?&4%0$#5*(?F&*&Y14?9.*0#&D?&51&6&N19$?#$#&%L%9$*.#&7777
L?0#"#X&#.*&'"#$%C&%L?+1)J18#&')1&51&)*+1&(1'"#5#.%&T1+"%&51&%V.#>*)#8?&%L(%'#
L%4$*(1.%&*&"%X&+"%&=#>#$*&(*'?&4$*'"#5#.*&L#&*D&4$*/(#5?&?'"?4#81&C$#L#&B.*'#X&0%51&51
?P*(*.#&?L%)*<#&3#).#&!41$#(P*Q#
T#&4%P1"0?&4%V%L#&=#"*5#&'1&V)#.*%&4#4*X&0#0%&D*'.*&%9(%)*"*&%4?'"%+1(?&;%'(?&*
4%)$#"*"*&?&8%5&$1L&]1C%)1&(#D1$1&*+.1&'?&(#&L#.10%X&'&4?(%&(#L1&*&D#+"#8#&3%'.1&%)%C#X
81C%)#&51&?.%C#&/(#"(%&')1L1(#&`(&51X&*'"*(#&%'.%9%L*%&L%9#$&L1%&'1)1$(1&;%'(1X&#.*&"%&(*51
9*.#&9#/#&/#&(%)1&%41$#<*51X&(1C%&'#D%&D1'"%&?4%$(1&%L9$#(1&O#5#P0#&*&'$19$1(*P0#
9#(%)*(#&'.?S*.1&'?&?&4$)%D&$1L?X&?&)1/*&'#&e#4<1D&*&;1%C$#L%DX&0#%&%L9$#D91(*&91L1D&/#
[C#$'0?X&0#%&P?)#$*&81(*V&0#4*5#&B#L&'?&*&4$1L?/*D#(1&*/&8*V&*&4$10%&8*V&0#0)1&#0<*51
%(1&'?&*D#.1&'#D%&0#$#0"1$&#)#("?$#&H?$'01&4%/*<*51&*/& , &C%L*(1&%'"#.1&'?&?&%')%51(%5
;%'(*&P)$'"1&*&'0%$%&(14%0%.19*)1i&'#&8*V&H?$<*&'?&(#4$1L%)#.*&?&1"#4#D#X&0#L&D#81&0#L
)*+1X&#.*&'#&8*V&(*'?&)*+1&?'"?4#.*

 
&l&!"1N#(%)*QX&B$#J&=#"*5#&4$1D#&K.#+0%5&*&;%'(*&T%)*&!#L&A

&T#>]#$*X&@7@

&!$&O%$C#X&ƒ
&IaX&@@i&l&=#0?+1)}X&U'"%$&4#D{"(*0*&ïS(|V}&!.#){(}&IX
K#$+#)#&@6 X&A7@&†&v&½ èX&x&
 && & 
À&l &X&A@A7

&`&81C%)%5&*'"%P(%5&4%.*"*<*&)&~&r
 &&z&vX&
 &
&
&IIIX&r
&X
& &L&†&'"$&

&s&†  X&q & &  & &ay &aIX&ay &@27X&22,

&T#>]#$*X&'4&LX&,A 

&-?9&L$S&#$V*)X&†
&vX&I&7AX&A
 
&~
 &^X&,2@i&T#>]#$*X&'4&LX&,66A


&I X&6
 
&-?9$&L$S&#$V*)X&†
&vX&A6X&2
 
&-?9$&L$S&#$V*)X&†
&v&‚&,,X&6&-%0&U&M?(L?.*Q&?&')%5%5&V$%(*<*X&$#>1(%5&4%
#$V*)'0%D&D#"1$*#.?X&(1D#&(*&$1P*&%&(#'*.(%5&'D$"*&H%D#+1)%5&E†  #& 
#&w&v

&I&s #X&A,GX&L%".1&„&`$9*(*&4$*P#X&L#&5&0$#J&=#"*5#+&4%"#0#%&(#&?9*'")%
!"14#(#X&'*(#&0$#J1)#X&*&Y#L*)%5#X&81C%)#&9$#"#X&*&L#&'?&%(*&?L#)*.*&H%D#+#&4$*.*0%D
9%$9*&0%L&;51.#5#&B#%&?/$%0&D$S8*&=#"*5#+1)%5&(#)%L*&"%X&L#&51&H%D#+&9*%&?V)#"*%&<#$#
=1VD1L#&0#L&51&?V%L*%&O#5<1X&4#&C#&4?'"*%&*&'&8*D&'1&4%9$#"*%&I & & &q  X&A67&l
B.#5*Q&51&4$*D*%&4$*P#81&0#'(%C&V$)#"'0%C&.1"%4*'<#&U)#(#&H%D#+*Q#X&0#0%&51&0$#J&H%D#+
7&5?.#&9*%&?9*51(&4%L&`$#V%)*<%DX&?&:$)#"'0%5X&CL1&51&L%+#%&L#&)*L*&?&P1D&L#(C?91&81C%)
9$#"&Y#L*)%5&*&'*(&!"14#(&*&(1&*/)$+?5?&'#&)%5'0%D&%(#5&/#L#"#0&0%5*&*D&&%(&4%)1$*%&B#L
*V&51&?0%$*%&%(*&'?&C#X&/#&%')1"?X&?9*.*&?&(%Q*&"%C#&L#(#&r
&l
X&A7&3%'.1&51&%L&"%C#
D*+J18#&%L?'"#%&r
& &II&AX&A &3%&`$9*(*5?&?&-#.D#<*5*&'1&L#J1&4$*P#.%X&?&')%5
'"#$%5&V*'"%$*%C$#N*5*X&L#&&0$#J&=#"*5#&'#D&(#C%)%$*%&Y#L*)%5#&*&!"14#(#&L#&"%&?P*(1X
%91Q#)+*&*D&0$?(?&!$&R&B(1S1)*Q#X&t &
&  & 

 &IIIX&7@X&0%5*&"%
4$*P#81&'&$#/.%C%D&%L9#<?51&¼&L$?C*&(*'?&P*(*.*X&0#%X&(#&4$X&K#.1("*(%&b#C%&E0%5*&(1
4%D*81&Y#L*)%5#G&„ &
 &x y &I&ay &@,X&@6&B$*"*P0#&V*'"%$*5#&'D#"$#
"%&4$*P#81&0#%&.1C1(L?&H$1Q?&)1$/*5?&$#/9*%&X&(#&%'(%)?&"$#L*<*51&4%/(#"1&0%L&`$9*(*5#X
U&H&=$8#)*QX&4$*4*'?5?Q*&*(*<*#"*)?&'#D%D&†"4#(?&!$&W&H$?V1.0?X&M.#'(*0&\1D


 

 A
=?/15#&::IIX&7X&&H?$'0*&V*'"%$*P#$&^a&)10#&-?$'?(91C&'#%4+"#)#&4%)%L%D&"%C#&%)#5
D%D1(#"&U&%(&0#S1&L#&51&!"14#(&?9*%&')%C&%<#&F`C$1+*)+*&'1&&')%C#&$%L*"1J#X&%(&51&9*%
.*+1(&4$#)#&L#&9?L1&)%>#&*&C.#)#&/1DJ1&3%91L%(%'(*&'?."#(&51&"%&4*"#81&$1+*%&(#&"#5
(#P*(X&+"%&'1&9%'#('0*&0$#J&*D#%&L#&4%/%)1&L#&4$1>1&?&*'.#D&*&L#&'1&(1&4$*'"#51&(#&%"0?4
9.#C%D&=1>?"*D&0$#JX&")$L%C.#)&0#%&f9?Z1V#X&%L9*&"#5&4%/*)F&M.&f.1/%)*QX&H?$'0*&*/)%$*
/#&*'"%$*5?&O?C%'.%)1(#&;1%C$#L&AX&, &B$#J1)?&'D$"&O&!"*4#(P*Q&4%C$1+(%&'"#)J#&?
N19$?#$&z ¿ & 
 &^^^aIIIX&AX&A

&†&l&B.#5*Q#X&r 
& &II&A&A7

&~
 &^X&6@@X&@@i&T#>]#$*&IX&@,X&7&-?9$%)P#(*&'?&4%D#C#.*&%$?S51D&9#(#
3#).#

&-?9$%)P#(*&'?&&@&#)C?'"#& ,&*/)*8#)#.*&0(1/?&K.#"0?&F &

 & F&-?9$
L$S&#$V*)X&v&‚&A&6&'14"1D9$#&4%0.%(*.#&5&Y14?9.*0#&?&')*"*&L%&77&41$41$#
)$1L(%'"*&S1(*&K.#L*'.#)J1)%5&0*$&R(*X&*&L%&77&41$41$#&'*(?&D?&;#.+*&I X&‚&

&v¿ X&l & &  X& 6,6&¼&4*'D%&4%'"#.%&&)$.%&4%4?.#$(%&4%&"10'"?&0%L
`$9*(*5#X&'4&LX&A6A&UD#&C#&*&M?(L?.*QX&'4&LX&A,

&T#>]#$*&IX&6

&h&!"%5#(%)*QX&!"#$1&4%)1J1&IIX&,6
 
&T#>]#$*&IX&26


&~&¼ ÜyX&r 
&wX& @
 
&I X&2A
 
&K&!"1N#(%)*QX&'4&LX&

&=#0?+1)X&'4&LX&26

&-?9$&L$S&#$V*)X&†
&vX&‚& ,X&2X&6AX&6

&!"%5#(%)*QX&!"#$1&'$4'01&4%)1J1&IIX& A

&-?9$&L$S&#$V*)X&vX&‚&6

&M.#'(*0&\1D&=?/15#&^^IIX&

&I X&7
 
&~
 &^X&AA


&2III& ,A&F&
 &ƒ 
&È& 
& 
X&È &
&&¼ 
&È &   & 
  &† y & &
&  &qF&-?9$&L$S&#$V*)&†
vX&‚&@
 
&~
 &^X& 
 
&M.#'(*0&\1D&=?/15#&^^IIX&2
 
&M.#'(*0&!$9&?P1(%C&L$?+")#&@&EIGX&@,2X& 2&*&L
 
&M.#'(*0&\1D&=?/15#&^^IIX&Ai&†
&vX&‚&7
 
&`&"%DR.*91C?X&/#&0%C&'1&51L(%&)$1D1&)1$%)#.%&L#&51&4$%'.#)J1(&?&D?'.*D#('0%5
"$#L*<*5*&0#%&c1$/1.1/&R.*5#X&'$&R&`.1'(*<0%CX&€   &y#& & & & ¿&w 
q X&^^I^X& X&A 
 
&l&!"1N#(%)*QX&B$#J&=#"*5#X&2
 
&B%L&H#.%<*5#X&r 
&wX&, X&(1"#P(%X&L#&51&B%)#P1)*Q&9*%&F)%5)%L#&4%L$#)'0*FX&#&(*51
(*P*D&L%0#/#(%&L#&51&%(&9*%&/#4%)1L(*0&!51(*<1
 
&M.#'(*0&\1D&=?/15#&^^IIX&A 


 

 A
 
&`4*'&;%9%)<#&L#%&&c&!"$#"*D*$%)*Q&M.#'(*0&\1D&=?/15#X&IIIX&@X&7A@


&M.&f.1/%)*QX&H?$'0*&*/)%$*X&, 
 
&`&81D?&M.&f.1/%)*QX&H?$'0*&'4%D1(*<*&IX&;1%C$#L& 7X& 7


&B$*"%)?.&4$*P#X&L#&'1&0$#J&(#.#/*%&?&O#5<?&0#L&5&'?."#(&L%+#%X&*&L#&51&4%0?+#%&4%91Q*
0#L&'?&O#5P#(*&4%$?P*.*&'?."#(?&L#&Q&'1&4$1L#"*&]1C%)%&4$*P#81&#(#.*+1&O&Y#L%(*Q&?
M.#'?&†^^^aIIIX&A7X&@7@


&M.&f.1/%)*QX&H?$'0*&*/)%$*X&AA


&[&BJ?P?&4%'"%5*&(#$%L(%&4$1L#81X&L#&&0$#J?&!"14#(?&9*.#&L#"#&)1$#&(#&D1'"?&/)#(%D
3#+*(#&!%N#&=&3%4#L*QX&;%'#('0#&K*.#X&@@,X&,


&3$*P#8#&L#&51&?&O#5<?&9*&/#4%)1L(*0&9#(&H#L*5#&-?5D%)*Q&[C$*(%)*Q&*&L#&&"?
4%C*(?%&(1D#5?&(*0#0)#&%'.%(<#&?&*/)%$*D#&Y&Î &x &
 &  ˆ& 

 
& & &r  &€ &7X&,X& 27


&f.1/%)*QX&'4&LX&AA


&-?9$&L$S&#$V*)&†
&v&^I^X&6,X&‚&A


&h&!"%5#(%)*QX&!"#$*&'$4'0*&$%L%'.%)*X& ,


&`&4#L?&;%'(1&'$&B.#5*Q#X&r 
&l
X&AA @i&O&Y#L%(*Q#&0%5*&&#(#.*'#%&)1'"*
-%(#L#&L#&b1<1X&M%L*+8*<#&^^^IIX&AX&A& i&H#.%<*5#X&0%5*&L%(%'*&*&*/)%L1&*/&*/)%$#X
r 
&w#'#X&, 67&!.#9#&51&$#L8#&K&K.#5*Q#X&½ &
& 

&tu   

q &,



&[&*'4*'*D#&b&H#.%<*5#X&0%5*&'1&P?)#5?&?&T#$%L(%D&=?/15?&?&31+"*X&(#.#/*&'1
'#)$1D1(*&*/)1+"#5&%L&&5?(#&'4.*"'0%C&0(1/#&?&=.1"01&%&4#L?&;%'(1&Fr & && 

 &&
& & ‚&E¼ G& &&l y&& &  &
 &&‚ yX& &È
 &  &
&&&p& & &
 &¼ && &&
&& &‚&&  &E“G


 &p&& &¼ & &w yX& &


&  & &&

& & &


l

 X&&&& & &  &


& &&
 & & & X& &† yX& 
È & &
& &

 & &
& &  & && 
&‚ X& &&x 



&
& & & &v
& & & &
& && &
q‚&
& && &¼ &&& &‚  &š&

&&ì & & &È


&
&
È& &   &&& &†
  & &a
 &q  & & &
&
&
  &x &l
r & &È&&È &
&
&& &  & && 
&& &¼ & &y%&&~

‚   & & ‚&&&È
 &   & & & &
&  & & ‚&~
F


&M.#'(*0&\1D&=?/15#&^^IIX&2@
 
&†&wyX& 
 
&;&31"$#(%)*QX&!$4&(#$%L(1&451'D1&III&;1%C$#L&@67X&9$& @&*& 
 
&†&wyX&A
 
&~
 &^X& 2,
 
&T#>]#$*X&
 
&I X&,
 
&~
 &^X& 6
 
&†&q &^^^IaX&,6&`$9*(*&4$*P#&/#&8X&L#&51&%4J#P0#%&9%'#('0?&0$#J*<?X&?L%)*<?
!"14#(%)?X&*&L#&&P#0&9*%&/#")%$*%&*&V"1%&4$1L#"*&H?$<*D#X&#.*&L#&'?&&'4#'.*&-?9$%)P#(*
!4&LX&A6,


&~
 &^X&272&T#>]#$*&,


 

 AA
 
&~
 &^X&2A2X&26
 
&v&IX&2,A
 
&M.#'(*0&\1D&=?/15#&^^IIX&@7
 
&~
 &^X&,
 
&~
 &^X&,
 
&x &x&„ ˆX&m&‚ 
&  &„
 &A X&
 
&~
 &^X&,,@i&T#>]#$*X&A 6
 
&~
 &^X&6,6i&T#>]#$*X& 7A
 
&~
 &^X&67


&„& &
 &^^aIIIX&26,7
 
&~&¼ ÜyX&r 
&wX&66
 
&~
 &^X&6@i&T#>]#$*X& 2

&~
 &^X&@i&T#>]#$*X& ,6

&T#>]#$*X&2,

&M.#'(*0&\1D&=?/15#&^^IIX&A 

&~
 &^X&@A&†&~&¼ ÜyX&q X& 2i&r 
&wX&@A

&~&¼ ÜyX&q X& @

&†&wy#X& ,
 
&x  & &,7


&~&¼ ÜyX&r 
&wX&@ 2
 
&T#>&]#$*X&,A,
 
&~&¼ ÜyX&r 
&wX&@26

&~
 &^X&@A77i&T#>]#$*X&,66

&T#>]#$*X&6@

&q &^X&A7

&~&¼ ÜyX&r 
&wX&@@&w&¼ ˆX&r & X&6&*&L

&»&¼  X&¼


 &
  X&&`(&*D#&/#&)&4*'D%4%C$1+#(&L#"?D& ,AX
#&4%&81D?&*&h&!"%5#(%)*QX&!"#$1&4%)1J1&II&6 

&T#>]#$*X&@,i&r 
&wX&@&l&=#0?+1)X&U'"%$*5'0*&'4%D1(*<*&IX&A
 
&-?9$&L$S&#$V*)X&†
&vX&‚&6X&@ 


&B#/*)#81&-?$'?(91C#&Ef.1/%)*QX&6A GX&L#&&=#>#$#&9*.%&"%.*0%X&L#&4$1L&8*V%)%D
F0%.*P*(%D&*&)1.*P*(%D&)%L#&$10#&T*.&*+P1/#)#F&%9*P(#&51&*'"%P8#P0#&4$1"1$#(%'"i&#
"?D#P181X&L#&D?&51&0$#J&=#"*5#&(#4#L%D&%L&\)%$(*0#&V"1%&4$1'1Q*&%"'"?4(*<?X&%'(*)#&'1&(#
V$%(%.%+0%5&(1"#P(%'"*
 
&~&¼ ÜyX&r 
&wX&6
 
&!"%5#(%)*QX&'4&LX& 6

&a
 &y&  &^I^X&@

&~
 &^X&A6


 

 A

&T#>]#$*X&AA


 

 A2


#  
\#&"%&)$1D1&:1$<1C%)*(#&51&4%(%)%&9*.#&%"$%)#(#&[&N19$?#$?&4%'.#%&51&V1$<1C&!"514#(&L)#
4%'.#(*0#&?&=.1"01&L#&*V&%9#)1'"1X&0#0%&%L&81C%)#&'4%$#/?D#&'#&K.#L*'.#)%D&(1D#&(*+"#&*
0#0%&51&D1>?&8*D#&$#/L%$&0#%&(*0#L&4$1&[&*'"*&D#V&%(&51&?4%/%$#)#%&=.1P#(1X&L#&/9%C&"%C#
4%'"%5*&F(1&D#.#&%4#'(%'"F&/#&8*V%)1&4%'1L1&?&-#.D#<*5*&*&R.9#(*5*&=.1P#(*&'?&&D#$"#
$1+*.*X&L#&%41"&?4?"1&51L(%C&4%'.#(*0#&?&:1$<1C%)*(?X&L#&4%0?+#&%9(%)*"*&*&(#Q*
'4%$#/?D&U&K.#L*'.#)&'1X&*'"%&"#0%X&9*%&%9$#"*%&=.1P#(*D#&"$#S1Q*&%L&8*V&(101&?'.?C1X
4#&'?&%)*&D%C.*&)1$%)#"*X&L#&9*&4$*'"#%&*&(#&4%'$1L%)#81&&T#&*/D*$18?&*/D1>?&8*V
$#L*.*&'?&*&-?9$%)P#(*&`(*&'?&&#4$*.#&%L9*.*&L#&4%0.%(1&K.#L*'.#)?&51L(?&0?Q?&?
-?9$%)(*0?X&#& &*/)*(*.*&'?&'1&L#&*'4?(1&(10?&S1J?&*&0(1/#&K.#"0#&U'"%C&L#(#&$1+*.*&'?X
L#&8*V%)&51L#(&4%'.#(*0&%L1&L%&V1$<1C#&*&L#&4%0?+#&*/D*$*"*&/#)#>1(1&'"$#(1&!#)1"%)#(%
51&*&U)#(*+?&K.#"0%)*Q?X&L#&*&%(&.*P(%&%L1&*&L1.?51&?&"%D&4$#)<?&=.1"#P0*&4%'.#(*0
%"*+#%&51&V1$<1C?&"10&*/#&7&D#5#&3$1C%)%$*&'?&'1&4%"%D&)%L*.*&?&D#5?&*/D1>?&K.#L*'.#)#
*&9$#"#&D?&K.#"0#X&0%5*&51&C%)%$*%&*&?&*D1&V1$<1C%)%X&?&Y*51<*&0%L&-?9$%)(*0#&]*V%)?
$#'4$?&*'0%$*'"*+1&H?$<*&*&?4#L%+1&?&:1$<1C%)*(?X&#.*&(1&)*+1&/#&$#P?(&51L(1&*.*&L$?C1
'"$#(1X&(1C%&L#&51&%')#5#5?&/#&'191
!?."#(&51&4%P1"0%D& ,2&C%L&4%0#/*)#%&*/)1'(1&'0.%(%'"*&L#&'&=#>#$*D#&'0.%4*&D*$X&(1
/(#D%&"#P(%&(#&0%5%5&9#/*&!#D&51&0$#J&=#"*5#&%9#)1+"#)#%&=.1P#(1&%&"%D&`)*&'?&D?
4%$?P*)#.*X&L#&9*&?&L?V?&'#)1/#&"1&4$1C%)%$1&"$19#.%&)%L*"*&'4%$#/?D(%i&#&%4%D*8#.*&'?&C#
*4#0X&L#X&'&%9/*$%D&(#&"?$'0?&(14%?/L#(%'"X&"$19#&9*"*&%4$1/#(&=1>?"*DX&)1Q&0$#51D&D#$"#
/(#.%&'1&?&;?L*D?X&L#&H?$<*&)$+1&4$*4$1D1&/#&(%)1&9%$91&M%)%$*.%&'1X&L#&'1&'4$1D#5?
4$%"*)&;1%C$#L#&*&O#5<#X&L#&9*&%")%$*.*&0#4*5?&/#&L#J#&4$%L*$#8#&B$#J&51&)1Q&"#L#&5#)J#%&?
=.1"01X&L#&51&?4?"*%&?&;%'(?&(%)1&/#4%)1L(*01&/#&%')%51(1&C$#L%)1&*&L#&Q1&4%'.#"*&"#D%&*
(%)1&)%5'01&!4%D*8#%&'1&*&81C%)&4.#(&%&)1.*0%5&%N#(/*)*&4$10%&!$9*51&H?$<*&'?
D1>?"*D&9*.*&'"#)*.*&*&=.1P#(*D#&L%&/(#8#X&0#0%&9*&9*.*&)%J(*&'0.%4*"*&D*$&B$#51D
4$%.1Q#&*&4%P1"0%D&.1"#&C.#'%)*&%&D*$?&4%'"#5#.*&'?&')1&P1+Q*&-?9$%)P#(*(?&O#0%)?
;?(*Q?X&4%'$1L(*0?&/#&D*$X&V"1.%&'1&$1Q*&?&=.1<*D#&A&5?.#X&L#&D*$#&(1&D%S1&9*"*&')1
L%".1X&L%0&'1&8*D#&(1&L#&=%$15#&*&=*"*.1(#X&#&D#>#$'0%D&0$#J?&(1&4%)$#"*&%'"#"#0&;%'(1
[&"%D&D*$?&*D#.*&9*&9*"*&%9?V)#Q1(*&*&%(*&V$*+Q#('0*&).#L#$*X&0%5*&'?&L$S#.*&'
8*D# &T10*&=.1P#(*&'?&)1$%)#.*X&L#&'?&H?$<*X&/9%C&9%$9*&?&=#.%5&R/*5*X&?&"1+0%5
'*"?#<*5*X&4%+"%&4%(?L1&L%.#/1&'&8*V%)1&'"$#(1&!1D&"%C#X&?&Y*D?&'1&*&%41"&4%0#/*)#.%
$#'4%.%S181&/#&(10?&)$'"?&0$'"#+0%C&4%V%L#&*&0$#J?&=#"*5*&'?&%)%C&4?"#&'"#)J#(#&L%*'"#
4%)1Q#&N*(#('*5'0#&'$1L'")#&/#&%4$1D?&)%5'01&!&"%C#&'?&*/)1'(*&L$S#)(*<*&!)&=#$0#&*
D*'.*.*&L#&%(*&D%C?&4$%4*'*)#"*&H?$<*D#&?'.%)1&/#&D*$&R.*&)1Q*(#&(*51&4$*D*.#&"%C#
4$1L.%C#X&(1C%&51&%4$1/(%&4%$?P*.#&4$10%&;?(*Q#X&L#&H?$<*&0#S?&?&0#0)%D&9*&%9.*0?&*&(#
0%5%5&%'(%)*&D%C.%&L%Q*&L%&'4%$#/?D#&3$*&"%5&%L.?<*&=.1P#(*&'?&9*.*&$?0%)%>1(*&*
D*+J?&L#&L%9*5?&)$1D1(#X&4#&L#&"#P(%&)*L1&*&%<1(1&0#0#)&Q1&9*"*&'"#)&=#>#$#&e*$*.*&'?
'1&(#&')1&'"$#(1&(#5$#/(%)$'(*5*&C.#'%)*&3$*P#.%&'1X&0#0%&'?."#(&(?L*&=#"*5*&<1.?&;%'(?&*
!$9*5?X&#.*&0#0%&%(&"%&(1Q1X&(1C%&L#&'1&'4$1D#&'#&77777&)%5'01&?&9%$9?&*&0#0%&51&4*'#%
V1$<1C?&!"514#(?X&L#&Q1&D?&L%Q*&?&4%D%Q&%(&*&!01(L1$91C

\#&V1$<1C#&'?X&D1>?"*DX&L%+.#&"1+0#&)$1D1(#&[&81C%)%5&$#'"$%)#(%5&/1DJ*&H?$<*&'?&%L&5?.#
 ,2&4%'"*C.*&)1.*01&?'41V1&]*V%)#&)%5'0#X&0%5?&51&4%)1%&"%C&.1"#&.*P(%&f'#91CX&(*51&9*.#
)1.*0#X&#.*&(*51&(#*.#/*.#&(*&(#&S*.#)&*&%4#'#(&%"4%$&!"#(%)(*+")%&51&91S#.%&(#
L?9$%)#P0%&/1DJ*+"1&C.1L#5?Q*&L#&'4#'1&'191X&(1&/#.#S?Q*&'1&D(%C%&/#&')%51&C%'4%L#$1
=1>?&91C?(<*D#&(#.#/*%&'1&*&K.#L*'.#)&:1$<1C%)*QX&0%5*&'1&')%5*D&$#L%D&/#D1$*%&(#&)*+1
'"$#(#&]1D?&*&81C%)%5&'1'"$*&B#"#$*(*X&9*)+%5&0$#J*<*&9%'#('0%5X&-?9$%)P#(*&A&5?.#
(*'?&L%/)%.*.*&L#&'1&/#L$S#)#5?&?&!"%(?&*.*&(#&31J1+<?&9%51Q*&'1X&L#&*V&H?$<*&"#D%&(1
4%"$#S1&`L9*.*&'?&D?&*&"$#S1(?&4%D%Q&3$*'"#.*&'?X&D1>?"*DX&L#&C#&'&4%$%L*<%D&/#51L(%
4$19#<1&(#&(10%&%L&')%5*V&%'"$)# &U&?4?"*.*&'?&C#&(#54$1&(#&%'"$)%&e*4#(X&4#&%(L#&(#
B%.%P14i&#.*&(*0#0%&(*'?&4$*'"#5#.*&L#&'1&L%&(%)1D9$#&(#)$#"*&?&-?9$%)(*0&[&L1<1D9$?&'?


 

 A,
D?&%")%$1(%&$10.*X&L#&C#&*/&'"$#V#&%L&H?$#0#&(1&'D15?&L$S#"*&?&C$#L?&3%$%L*<?&'?&D?
D1>?"*D&4$*D*.*&?&C$#L&L?S1&)$1D1(#&B#L&'?&0$#51D& ,2&C%L&L%+.#&?&-?9$%)(*0&L)#
*/#'.#(*0#&0$#J#&=#"*51X&Y14?9.*0#&51&K.#L*'.#)#&0$*+%D&L%)%L*.#&'&b%0$?D#&'&8*D#&?
)1/?&H?$<*&'?&/#&"%&)$1D1&4$%L$.*&L%&;.#C#5#X&/#?/1.*&C#X&4#&(#'"#)*.*&')%51&(#L*$#81&*
L#J1&B#L&51&6&'14"1D9$#&'"*C#%&?&=.1"01&C.#'X&L#&51&P#0&?&%4#'(%'"*&*&:1$<1C&T%)*X
Y14?9.*0#&51&%LD#V&(#$1L*.#&?&B%"%$X&L#&'1&(#5V*"(*51&?4?"*&"#D%&51L(#&8*V%)#&.#>#X&L#
?/D1&C$#L&?&/#+"*"?i&#&?&*'"%&)$1D1&(#$1>*)#.#&51&L#&'1&?")$L*&*&'#D&B%"%$&-$?C*&'*(
V1$<1C%)X&K.#"0%X&%"*+#%&51&0$#J?&=#"*5*X&L#&"$#S*&4%D%Q&%L&81C#&`(&'1X&)1$%)#"(%X&"?S*%
(1&'#D%&(#&H?$01X&(1C%&*&(#&=.1P#(1X&51$&'1&0$#J&=#"*5#&&%0"%9$#&'#&!#)1&%9$#"*%
=.1P#(*D#&'#&4$%"1'"%DX&+"%&'1&%(*&(#D1$#)#5?&D1+#"*X&*.*&'?&'1&)1Q&?D1+#.*&?&4%'.%)1
81C%)#&4%L$?P5#&F9%'#('0%C&0$#J1)'")#F 
-#&'?&'1&'")#$*&?&:1$<1C%)*(*&$#/)*5#.1&9$/%&*&(14$1L)*>1(%&)*L*&'1&(#59%J1&*/&"%CX&+"%&51
'4.*"'0*&0(1/&4%'1%&4$1L1%&%0%&?+Q#&T1$1")1&*&=#0#$'0?&B$#5*(?&91/&4$1"V%L(%C&%L%9$18#
).#'"*&=.1"#P01&Y14?9.*01&`)#&D?&'1&&%0"%9$#&%9$#"*.#&51L(*D&4*'D%DX&?&0%D&'1&0#S1X
0#0%&'1&D1>?&8*D#&D*'.*X&L#&51&%(&"1&%9.#'"*&F4$*D*%F&F'#&/(#81D&*&4%&)%J*F&V1$<1C%)%5
]*D#&"%&(*51&9*.%&(14$#)%X&*&(*'?&0$*.*&L#&'?&'1&9%5#.*&*/)1'(*V&L?9$%)#P0*V&#0<*5#&H#&'?
'1&D1'"#&F'#D#F&4$1L#.#&=.1P#(*D#&*&%(*&'?X&(#$#)(%X&'#L&'4$1D(*&L#&*V&P?)#5?&=#>#$'01
4$*'"#.*<1&+*$*.1&'?&C.#'%)1X&0#0%&Q1&"#D%&.*P(%&L%Q*&0$#J&=#"*5#i&#&*/C.1L#X&4$1D#
(10*D&)1'"*D#&*/&'#D1&[C#$'01X&L#&'1&*&%(&.*P(%&(%'*%&"%D&D*+J?&`(&'1&%L&%0"%9$#
(#.#/*%&(#&!#)*X&0%L&M$#L*+01X&*&4$#"*%&51&L%C#>#51&&(%)1D9$#&?4?"*%&51&/#&%L9$#(?
.*)#8'01&S?41&O%)#(#&EO#(%+#G&Y%/C%8*5#X&U)#(#&0(1/#&/#C%$'0%CX&"5&O#(#&K*"%)<#X&*
L#.D#"*('0%V$)#"'0%C&9#(#&!"14#(#&o$#(0%4#(#&U'"%C&L#(#&L#%&51&-?9$%)P#(*(?&%4#"?
R.10'#(L$?X&C.#)(%D&L*4.%D#"'0%D&4%'$1L(*0?X&L)#(#1'"&'1.#&?&:1$<1C%)*(*X&?&S?4#D#
b?<*X&H$19*8?X&-$#P1)*<*&*&3%4%)?X&'D#"$#5?Q*&L#&(#&"%&*D#&4$#)%&*&91/&'#C.#'(%'"*
V1$<1C%)1&Y%/C%8*5?&*&K*"%)<?&L#%&51&=#"*5#&A&(%)1D9$#&4?(%D%QX&L#&D%C?&?&81C%)%
*D1&4$1C%)#$#"*&'#&V1$<1C%DX&')#0#0%&4$)1('")1(%&%&%L(%'?&:1$<1C%)*(1&4$1D#
[C#$'0%5&U'"*D&.*<*D#&L#%&51&=#"*5#&%).#+Q181X&L#&D%C?&)%5'0%D&4%D#C#"*&*
-?9$%)P#(*D#X&*&"%&(1&'#D%&/#&%L9$#(?&C$#L#X&(1C%&?%4+"1&F(#&0%$*'"&"1&/1DJ1F&
`)%&4*"#81&:1$<1C%)*(1&?(1.%&51&4$*.*P(%&(14%)1$18#&*/D1>?&=#>#$#&*&=.1P#(#&[
Y14?9.*<*&'1&J?L*&%")%$1(%&"?S1&(#&'4.1"01X&0%51&'1&4$%"*)&8*V&'")#$#5?X&#&')1&'?&)*+1
?)*>#.*&L#&%L&/#51L(*P01&)1.*01&V$*+Q#('01&#0<*51&(1Q1&9*"*&(*+"#&O#D#P(%&*V&51&L$#S*.#
*&%)#&D#>#$'0#&L1.#"(%'"&(1&'#D%&?&;%'(*X&(1C%&*&(#&0$#581D&5?C?&81(%DX&L#.10%D&%L
=#>#$'01X&CL1&'?&=.1P#(*&'D#"$#.*&L#&'?&?&4*"#8?&'#D%&8*V%)*&*("1$1'*&!&"%C#&'?&$1+*.*
L#&4%S?$1&'0.#4#81&D*$#&'#&H?$<*D#&3$*'"#.*&'?&*&(#&D#>#$'0*&4$1L.%C&L#&D1'"%&/#
4$1C%)%$1&9?L1&-?9$%)(*0
[&:1$<1C%)*(*&'?&'1&'")#$*&')1&)*+1&0%D4.*0%)#.1&Y14?9.*0#&=.1"#P0#&%L.?P*.#&51&2
(%)1D9$#&L#&'1&')#0#0%&"%C&L#(#&*/#91$1&51L#(&4%'.#(*0X&0%5*&Q1&%"*Q*&L%&V1$<1C#&-%".1X&%(*
0%5*&91V?&*/#9$#(*&?'"$?P#)#.*&'?&'1&L#&4%>?&(#&"#5&4?"X&%P1)*L(%&+"%&*D&51&4%)1$1(#&D*'*5#
*D#.#&9*"*&(14$*5#"(#&*&4?(#&%LC%)%$(%'"*&!")#$&51&9*.#&?&%)%D&T1$1"J#(*&'?&'1&9*.*
4%(?L*.*&Y14?9.*<*X&#.*&(*'?&/#&"%&*D#.*&F*/$*P*"%C&4$*'"#(0#F&EF 


&


FG
V1$<1C%)#&`(#&*V&51&*/&4%P1"0#&4$*D*.#&0#%&L#&*V&?/D1&?&/#+"*"?X&#.*&51&'#L&D#.%&/#"1/#.#
S1.1Q*&L#&*D#&V1$<1C%)?&'#C.#'(%'"&`(#&*D&51&9*.#&4%"$19(#&L#&$#/?)1$1&=#>#$1&%
')%5%5&(1*'4$#)(%'"*&3%'.#(*0?&0%5*&Q1&*D#"*&"%&L#&*/$#L*&%P1)*L(%&(1Q1&9*"*&.#0&4%'#%
=#>#$*D#&'?X&D1>?"*DX&")$L*.*X&L#&51&V1$<1C&9*%&4$*'"#%&(#&"%&B#L&51&P?%&L#&'?&(10*&81C%)*
F*/L#5(*<*F&?&'4%$#/?D?&'&H?$<*D#&%(&51&)%.1%&L#&T1$1"J#(*&L%>?&4%L&D.1"#P0?&0#%
V$*+Q#('0?&).#'"&[&"%D&%LC%)%$?&'1X&*'"*(#X&(1&0#S1X&L#&51&V1$<1C&D*'.*%&L#&"#0%&"$19#&*&L#
%'"#(1X&#.*&'?&%(*&(#D1$#)#.*X&4%&')%D&%9*P#5?X&L#&*V&L%*'"#&/#L$S1&K1$%)#.*&'?X&L#&Q1
V1$<1C&(#&"%&4$*'"#"*X&4%+"%&(*51&9*.%&*/C.1L#X&L#&Q1&4%)$#"*"*&'"#$?&D%Q&*&'"#$*&%4'1C
')%51&L$S#)1&[&=.1<*D#&'1&")$L*.%X&L#&'?&=#>#$1&4$%"*)&%)%C&8*V%)#&4%'"?40#&(#C%)%$*.*
-?9$%)P#(*X&0%5*D#&L%*'"#&(*51&D%C.%&9*"*&?&*("1$1'?X&L#&=.1P#(*&?&"%D&0$#5?&?P)$'"1
')%5?&).#'"


 

 A6
=#>#$*&'?X&?&"%&)$1D1X&$#L*.*&0%L&V1$<1C#&/#&'191&[&=.1<*D#&'1&C%)%$*.%X&0#0%&V1$<1C&*D#
4?(%&(%)#<#X&FD%SL#&)*+1&%L&51L(%C&D*.*%(#&?&/.#"?FX&*&0#0%&0$#J&=#"*5#&.#'0#&!"514#(?X
L#&9*&D?&*/D#D*%&"#5&(%)#<&3$*P#.%&'1X&*&L#&Q1&V1$<1C&?'"?4*"*&0$#J?&')%5&(#5")$>*&C$#L
T%)*&*&5%+&(101&L$?C1&C$#L%)1X&#&L#&Q1&81D?&L#"*&=#"*5#&\#C$19&*&L$?C1&(101&0$#51)1&?
[C#$'0%5&!1D&"%C#X&L#&Q1&V1$<1C&L#"*&0$#J?&*&77777&L?0#"#&Y#L*&"%C#&Q1&*&'#D&=#"*5#
.*P(%&L%Q*&?&-?9$%)(*0X&L#&'")#$*&0%(#P(%&?$1L* &H1&'?&)1'"*&9*.1&4$1"1$#(1X&0#%&*&')#
L$?C#&4$14$*P#)#8#X&#.*&51&"#P(%X&L#&51&V1$<1C&5%+&?&4$%.1Q1& ,2&C%L&(?L*%&=#"*5*&')%51
(#5?C$%S1(*51&*'"%P(1&C$#L%)1&!%0%X&H%J1)#<X&!#D%9%$&*&=*.1+1)%&?&/#D1(?&/#&(101
C$#L%)1&?&[C#$'0%5X&*&L#&51&0$#J&(#P1.(%&9*%&)%J#(&L#&D?&*/*>1&?&'?'$1"
&3%'.1&"?$'0%C
%')#5#8#&'&"%D&'1&/#D1(%D&(*51&)*+1&D%C.%&$#P?(#"*X&*&'&"%C#&'1&5#)J#5?&0%D9*(#<*51&'
C$#L%)*D#&(#&L$?C%5&'"$#(*&:1$<1C&'1&'#D&0%.19#%&T#.#/*%&'1&?&(1)%J*X&4#&51&.#0%
4$*'"#5#%&(#&')#0?&4%(?L?X&0%5#&9*&D?&D%C.#&%.#0+#"*&4%.%S#5&H?$<*&'?&(#4$1L%)#.*X&*#0%
4$1L&/*D?&'4%$*51&[?(?"$#+8%'"*&L$S#%&'1&5%+&51L*(%&")$L*&BJ?PX&#&H?$<*&'?&'1&9*.*
'4?'"*.*&)1Q&(#&L%D#0&H$19*8#
B#L&'?&?&-?9$%)(*0&'"*C.*&*/#'.#(*<*&D#>#$'0%C&0$#J#X&V1$<1C&51X&')#0#0%&4%&(#C%)%$*D#
-?9$%)P#(#X&?+#%&'&8*D#&?&4$1C%)%$1&%&?'"?4#8?&')%C&/1DJ*+"#&=#>#$*D#X&L#&C#&%(*&9$#(1
[&"*D&4$1C%)%$*D#&"$19#.%&51&L#&?P1'")?51&*&K.#L*'.#)&:1$<1C%)*QX&#.*&'?&C#&-?9$%)P#(*
/#D%.*.*&L#&%(&5#)(%&(*0#0%&(1&L%.#/*&?&C$#L&`(&51&?&%)%&)$1D1&)1%D#&$>#)%&'"#5#%&0%L
H?$#0#X&0%5*&'?&D?&%")%$1(%&4$1"*.*&-?9$%)P#(*&'?&?%4+"1&/#/*$#.*&%L&')1C#&['"$?P#)#.*
'?&'1&P#0&L#&4$*D1&?&C$#L&*&D#>#$'0?&)%5'0?&%L&277&J?L*&3$1C%)%$*&0%5*&'?&)%>1(*&?
8*V%)%D&C$#L?&L$S#(*&'?&?&(#5)1Q%5&"#5(%'"*i&)%5)%L?&K.#L*'.#)#X&0%5*&'1&(#.#/*%
4$*0$*)1(&(#&b%0$?D?X&0$*+%D&'?&L%)%L*.*&(#&'#'"#(01&[&"*D&4$1C%)%$*D#&V1$<1C&51
4$*'"#%&L#&=#>#$*&4%'1L(?&")$L*&3%P*"1J&(#&T1$1")*&-?9$%)P#(*X&'#D%&L#&4%"*'(?
=.1P#(1X&4$*'"#L%+1&L#&'1&%&8*V%)%D&"$%+0?&4%L*C(1&)1.*0*&D%'"&4$10%&T1$1")1&0%L&"%C
D1'"#&K1Q&A&5#(?#$#& ,2&?4?Q1(#&51&"#D%&4$)#&.#>#&'&D#"1$*#.%D&*&$#L(*<*D#X&#&%"#L#&'1
S*)%&$#L*.%&*&(#&4%L*/#8?&D%'"#&*&(#&?")$>*)#8?&C$#L# 
=#81)*+1&%")%$1(#&9%$9#&)%L*.#&'1&'#L&*/D1>?&=.1P#(#&*&=#>#$#&%0%&91L(*V&%'"#"#0#
:1$<1C%)*(1X&0%5#&51&9*.#&?&4%"4?(%D&$#'?.?&=.1P#(*&'?&C.1L#.*&(#&')#0*&(#P*(&L#&'1
L%P14#5?&T%)%CX&0#0%&"#5&)#S(*&C$#L&(1&9*&L%4#%&?&$?01&=#>#$#&*&4$1"'"#)J#%&%4#'(%'"&/#
B%"%$&`&"%D&'?&6&L1<1D9$#& ,2&4%(%)(%&4*'#.*&*&0%"%$'0%D&0(1/?&*&'#D%D&V1$<1C?
\(#.%&'1&?&"%&)$1D1&(#&)*+1&'"$#(#X&L#&'?&%L(%'*&*/D1>?&'#)1/(*0#&4%D?Q1(*X&*&"%&9#+&/9%C
"%C#&4*"#8#
!?."#(&<1.1& ,2&C%L&(*51&4$1L?/*D#%&(*0#0)1&)1Q1&#0<*51&?&;%'(*i&%)#&)%5(#&?
:1$<1C%)*(*&*/)%>1(#&51&%L&'4%$1L(1&)%5'01&*&/(#D1(*"*5#&51&4%&')%5*D&L*4.%D#"'0*D&*
4%.*"*P0*D&/#4.1"*D#X&(1C%&4%&'#D*D&9%$91(*D&#0<*5#D#&;%'(*&51&'?."#(X&'#D%&L#
4#$#.*+1&D#>#$'0*&?"*<#5X&L#%&(%)%C&0$#J#&U/9%$&51&4#%&(#&51L(%C&P.#(#&'$%L(*0#&4%$%L*<1
B%"$%D#(*Q#X&=#"*5?&e#9#(P*Q#X&'*(#&4%/(#"%C&4$1"1(L1("#&Y#L*)%5#&e#9#(P*Q*&'?&9*.*
'"#$#&9%'#('0#&4%$%L*<#&[&'#$#51)'0%D&%0$?C?X&4$1D#&:1$<1C%)*(*X&(#.#/*&'1&*&L#(#'&0$#5
e#9#(<*X&4%&0%5*D#&51&4%$%L*<#&)1$%)#"(%&L%9*.#&')%51&4$1/*D1 &]1C%)*D&*D1(%)#81D
H?$<*&'?&V"1.*&L#&4%0#S?X&*/?/1"(%&%L&!$9*51&*&;?C#$'01X&#&')#0#0%&/9%C&=#>#$#X&L#&S1.1
51L(?&)$'"?&%9(%)1&9%'#('01&L$S#)1X&P#0&*&'#&51L(*D&P.#(%D&8*V%)1&9*)+1&0$#J1)'01&0?Q1X
'#D%X&(#$#)(%X&4%L&')%5%D&)$V%)(%D&).#+Q?&*&'"#.(*D&(#L/%$%D&H*D&'$1L'")%D&%(*&'?
(#D1$#)#.*&4$*L%9*"*&;%'#(<1&(#&')%5?&'"$#(?&*&%L9*"*&*V&%L&=#>#$#X&0%5*&'?&/#
/#4%)1L(*01&9%'#('0*V&C$#L%)#&L%)1.*&')1&"?>#&.*<#&e#9#(P*Q&51&*D1(%)#(&/#&0$#J#&0$#51D
 ,2&C%L&`(&51&)#S*%&0#%&$1(1C#"X&#&?&d#$*C$#L?&51&*D#%&S1(?X&*'.#D0?&*.*&4$#)?&H?$0*8?
K1Q&'1&"#L#X&4$1D#&*/)1+"#5?&M1$#$L#&L1&B%.*'X&4$1"'"#)(*0#&D*.#('0%C&L?01&?&=.1<*D#X
4*'#(%D&A&L1<1D9$#X&5#'(%&)*L1.%&/9%C&P1C#&51&'?."#(&(#4$#)*%&"#5&*/9%$&*&0#0%&9*&*D#.1&L#
'1&$#/)*5#5?&'")#$*
=#>#$*&(*'?&%LD#V&%LC%)%$*.*&'.*P(%D&D1$%D&[&L$?C%5&4%.%)*(*& ,2&C%L&\#4%J#&51
4$1'"#%&9*"*&9%'#('0*&C?91$(#"%$&=1'"%&"%C#&P*(#&5#)J#5?&'1&9#(%)*X&*&"%&?)10&4%&L)#X&0%5*


 

 A@
(%'1&%9*P(%&"*"?.?&9#(%)#&9%'#('0%V$)#"'0%L#.D#"*('0*V&`(*&'?&9*.*&)%5(*<*X&D#V%D
=#>#$*X&*&'D18*)#.*&'?&'1&L%'"#&P1'"%&]*V%)#&51&L?S(%'"&9*.#&L#&"?&(%)?&5#5#P0?&9#(%)*(?X
(#&0%5?&'1&(#'.#8#.#&4%'#)'0%'$19$1(*P0#X&'&C.#)(*D&C$#L%D&!$19$1(*0%DX&*'4%L
=#51)*<1X&9$#(1&%L&H?$#0#&0#%&?C#%(*&0#D1(&'#D1&[C#$'01&T#&(%)#&%')#5#8#&?&'#D%5&;%'(*
=#"*5#&(*51&)*+1&D*'.*%&`L&4%P1"0#& ,,&C%L&%(&'1&%9$Q1X&4%&4#4*(%D&4%/*)?X&(#
'1)1$%/#4#LX&CL1&4%P*81&J?"1&9%$91&4$%"*)&P1+0%C&0$#J#&O?$5#&3%L519$#L#
K.#L*'.#)&:1$<1C%)*QX&0%5*&51&L%S*)1%&L%'"#&$#/%P#$#8#&?& ,2&C%L*(*X&*/D1(*%&51&4%"4?(%
')%5?&4%.*"*P0?&.*(*5?&3%+"%&51&4$10*(?%&'#$#L8?&'#&H?$<*D#X&0%5#&51&:1$<1C%)*(*&L%(1.#
"1+0*V&(1)%J#X&%(&'1&(#54$1&L$S#%&?/&=#>#$1&3%'.1&D.1"#P0%D#>#$'0*V&L*N1$1(<*5#&?
V1$<1C%)#P0*D&4*"#8*D#&*&4%'.1&L?9$%)#P0%C&?/L$S#)#8#&4$1D#&81D?&%(&'1&%4$1L1.*%&/#
=.1P#(1&B$#51D&5#(?#$#& ,,&'"*C.%&51&?&=.1"01&81C%)%&4%'.#('")%X&0%51&'?&'#P*8#)#.*
=#(%5.%&B#("#0?/1(&*&31"#$&L1&o%$"*'X&%4#"&$%"#P01&!)&=#$*51X&'&%")%$1(*D&4%(?L#D#
=.1P#(*&'?&C#& &N19$?#$#X&4%&81C%)%5&S1J*X&*D1(%)#.*&/#&')%C&C.#)(%C&/#4%)1L(*0#
E 
& 
G&'#&C%L*+8%D&4.#"%D&%L&277&L?0#"#X&#.*&D?&(*'?&D%C.*&'"#)*"*X&/9%C
"$%+0%)#&(#&L$?C*D&'"$#(#D#X&)*+1&'$1L'"#)#&(#&$#'4%.%S181&/#&N*(#('*$#81&$#"#
3$*'"#.*&'?&$#L%X&L#&'D1'"1&81C%)?&4%$%L*<?&(#&B%$P?.?&*.*&:)#$&*.*&(#&(10%&L$?C%&%L
%'"$)#X&CL1&%(#&?'V"1L(1&K%5(*P0?&4%D%Q&%L&777&J?L*X&0%5?&51&%(&"$#S*%X&(*'?&D?&D%C.*
L#"*&K1%D#&51&)#S(%&%9$#/.%S181&K.#L*'.#)J1)%&/#&"$#S181&(%)<#&R0%&D?&=.1P#(*&(1
D%C?&L#"*&')%5*V&)%5(*0#X&%(%&L#&D?&9#$&L#L?&'$1L'"#)#&L#&*V&%(&(#9#)*X&51$&F'#L&(*0%&(1Q1&L#
'.?S*&(1C%&'#D%&/#&4.#Q?F&!"$#+(*51&%4"?S91&/#&<1.%&'"#81&?&/1DJ*&(*51&D%C.%&9*"*
\#&%L9$#(?&/1DJ1&%L&H?$#0#X&/#&'4#'&%"#Z9*(1X&/#&P?)#81&'.%9%L1X&(*51&'1&')%51)%J(%X&'#
4%S$")%)#81DX&V"1%&)*+1&(*0%&L#&/#.%S*&K%5'0#&'1&D%C.#&(#Q*&/#&(%)#<X&#.*&(1&*&/#&51L(?
*L15?X&/#&(#5)*+?&?&S*)%"?&51L(1&L$S#)1&[&%'"#.%DX&4%'.1&')1C#&+"%&51&$#L*%&*&%(&*&81D?
'.*P(*X&51&.*&K.#L*'.#)&*D#%&*0#0)#&4$#)#&L#&4%/*)#&J?L1&(#&"#0)%&4%S$")%)#81“
`4#'(%'"&/#&:1$<1C%)*(?&4%'"#5#.#&51&')1&%P1)*L(*5#&H?$<*&'?&'1&)1Q&9*.*&?P)$'"*.*&?
C.#)(*D&81(*D&L1.%)*D#&-$S#.*&'?&(1&'#D%&;.#C#5X&(1C%&'?&L%&#4$*.#& ,,&4$%L$.*&')1&L%
9.*/?&4$*D%$5#X&?&b?CX&*&L%&=*Q1)<#&f'#91C&51X&9%.1'"#(X&4$%)1%&/*D?&?&d1$(*<*&0%L&M#<0#
-?9$%)P#(*&'?X&%4$1/(*&0#%&?)10X&%L$S#)#.*&)1/1&'&8*D&*&81C%)*D&)%5)%L%D&RVD1"%DX&#.*
'?&?&*'"%&)$1D1&4%D#C#.*&*&D#>#$'01&D#5'"%$1&*&4%'#L?&0%L&3%P*"1J#&[&5#(?#$?& ,,
4%'.#.*&'?&*&4%D%Q*&?&V$#(*&Y#L*P?&;#(%)*Q?X&/#4%)1L(*0?&C$#L#&K*'?Q1C&O%)#(
Y%/C%8*&*&O%)#(&\#C%$'0*&*/5#)J*)#.*&'?&4*'D1(%&?&-?9$%)(*0?X&&5#(?#$#X&L#&Q1&(%)#<&%L
L?9$%)#P0%C&L#(0#&D#>#$'0%5&0$?(*&?4%"$19*"*&/#&%L$S#)#81&C$#L%)#&3%P*"1J#X&!%0%.#&*
BJ?P#&-?9$%)P#(*&'?&'#D*&$1+*.*&&N19$?#$#X&L#&4%+#J?&V1$<1C?&,7&'%.L#"#&%
"$%+0?&Y14?9.*01X&*#0%&'1&?&N19$?#$?&)%5)%L#&RVD1"&(#.#/*%&'&)%5'0%D&?&B%(#)J?
=1>?"*DX&K.#L*'.#)?&*V&(*'?&L#.*&:1$<1C&51X&%L&D?01X&4#%&?&4%'"1J?&B$#51D&5#(?#$#
%P10*)#.%&'1&L#&Q1&L%Q*&?&-?9$%)(*0X&#.*&D?&51X&D1'"%&')1P#(%C&L%P10#X&D%$#%&9*"*&?4?Q1(
.10#$&;#$"%.%D15&-%+#%&51&*4#0&?&-?9$%)(*0&?&N19$?#$?&R(%(*D(*&V$%(*P#$&L?9$%)#P0*
4$*P#X&L#&'?&'1&&"%C#&D1'1<#&'#'"#.*&"?&V1$<1CX&Y%/C%8*X&\#C%$'0*&*&U)#(*+&K.#"0%)*Q&*
51L#(&*/#'.#(*0&3%$"*(X&#.*&L#&'1&(*'?&D%C.*&'4%$#/?D1"*
:1$<1C?&51&')1&)*+1&4%'"#5#.%&5#'(%X&L#&'1&4$*9.*S?51&0$#5&*&81D?&*&81C%)%5&L$S#)*&[
N19$?#$?&4%(?L*%&51&=.1P#(*D#&L)#&')%5#&C$#L#&?&;%0*X&%L#)(%&/#4?+"1(*&Y*'#(&*&T%)*X
(#5)#S(*51&V1$<1C%)#P0%&4$*'"#(*+"1 &[&D#$"?&81C%)%&4%'.#('")%&'&9%.%D&51
4$*0#/*)#.%&"1+0?&'*"?#<*5?&/1DJ1&T1&V"*5?Q*&L#&(#4?'"*&V$*+Q#(1&*&)1/1&'#&=.1"#P0%D
Y14?9.*0%D&V1$<1C&51&*/.%S1(&"?$'0%D&(#4#L#5?&U/C?9*%&51&'0%$%&<1.?&/1DJ?&H?$P*(&D?&51
*4#0&9*%&4%(?L*%&L#&'1&)$#"*&?&'"#$*&%L(%'&*&L#&9?L1&8*V%)&V#$#P#$X&#.*&%(&(#&"%&(*51
4$*'"#%&[4?"*%&51&777&L?0#"#&0$#J?&=#"*5*X&L#&D?&4%+#J1&4%D%Q&?&)%5'<*X&#.*&%L&"%C
(*51&9*.%&(*+"#&`(&51&4%D#C#%&0$#J?&4%L&O#5<1D&*&L%4$*(1%&51&81C%)%5&4%91L*&H*D&51&5%+
)*+1&(#)?0#%&(#&'1&C(1)&'?."#(%)&B$#J&=#"*5#&D?&*&4%'.1&"%C#X&4%$1L&')*V&%91Q#8#X&(*51
'")#$(%&4%D%C#%&(*+"#&`(&D?&51X&4$10%&'*(#&K.#"0#X&(?L*%&*/)1'(1&')%51&C$#L%)1&4%&<1(?&L#
L%9*51&D1'"%&8*V&L$?C1X&?&[C#$'0%5X&#.*&(*&"%&(*51&L%(1.%&S1J1(1&$1/?."#"1&=#>#$*&'?X
*'"*(#X&L%+.*X&#.*&'#D%&'&"*DX&L#&'1&?P)$'"1&?&3%P*"1J?&U/&D.1"#P0%C&L$S#8#&%(&51&)*L1%X


 

 A
L#&'?&D?&%(*&4$#)*&4$*5#"1J*X&#.*&L#&S1.1&*&5#'(1&%L(%'1&B%"%$'0*&/#4%)1L(*0&D?&51
*/5#)*%X&L#&*D#&(#$1L9?&*/&=.1"#0#&L#&C#&')1'$L(%&4$*D*&*&'0.%(*X&#0%&9*&C#&4$%"1$#.*&*/
81C%)1&/1DJ1&H?$<*X&#.*&L#&(1D#&"#0)1&(#$1L91&?&'.?P#5?&#0%&V1$<1C#&4$%"1$#5?&=#>#$*
U/(%'1Q*&"#0%&L*4.%D#"'0*&%")%$1(%&')%51&%L(%'1&V1$<1C&51&D%.*%&=.1P#(1X&L#&%(*&4%"4?(%
4$*V)#"1&*&L#&?/D?&?&/#+"*"?&81C%)1&C$#L%)1&4$%"*)&')#0%C#&=#>#$1&(*51&*/$1P(%&(#)1%X&#.*
51&5#'(%&L#&51&?&"%5&%/(#<*&F4$%"*)&')#0%C#F&4%L$#/?D1)#%&*&8*V&=%.1Q*&*V&L#&4$*V)#"1&*
81C%)?X&4%$%L*<?X&%(&51&4%D*8#%&'#D%&'*(%)1&K.#"0#&*&!"514#(#X&#&(1&*&K.#L*'.#)#X&'&0%5*D
*/D*$181&(*51&9*.%&(*&'$L#P(%&(*&4%"4?(%&\9%C&81C#&51X&)1.*X&*&*/C?9*%&/1DJ?&-#&*D#
V*J#L?&S*)%"#&9*.%&9*&4$#)%&L#&*V&*/C?9*X&51$&'1&%C$1+*%&(1&'#D%&%&81C#&0#%&$%L*"1J#&(1C%
%&<1.%&V$*+Q#('")%&`(&51&4$%)1%&H?$01&4?"1D&0%5*D&%(*&(*0#L&4$1&(*'?&D%C.*&4$%Q*&*
(#(1%&51&(14$%<18*)1&+"1"1&:1$<1C&51&4%(%)%&4%(?L*%&Y14?9.*<*&?&/#D1(?&L)#&')%5#&C$#L#&?
;%0*X&#.*&'&"*D&L#&D?&*V&%(#&)$#"*X&0#L&'1&*&#0%&'1&4$*.*01&4%4$#)1&!#L&51X&(#0(#L(%X&L#%
4$*'"#(#0&*&(#&D.1"#P0%&4%'1L#81&T1$1")#('01&B$#5*(1X&C%)%$1Q*&L#&)%.*&L#&L%>1&?
D.1"#P01&$?01&(1C%&*&?&P*51&L$?C1X&0#L&)1Q&(1&D%S1&%'"#"*&?&81C%)*D&j#%&D?&51&'#D%&9*.%X
+"%&D?&0(1/&=#$Q1.%&(*51&?(#4$1L&/#"$#S*%&4$*'"#(#0&/#&4%'1L#81&"1&%9.#'"*X&(1C%&51&"%
*/)1%&?&'4%$#/?D?&'#&j#$0%D&K.#"0%)*Q1DX&0%C#&%(&'D#"$#&%LD1"(*0%D&*&')%5*D&'D$"(*D
(14$*5#"1J1D
T#&"#5&%4+*$(*&*/)1+"#5X&0%5*&51&9*%&*&(10#&)$'"#&*'4%)1'"*X&*#0%&(1&9#+&'#')*D&*'0$1(1X
%LC%)%$*.*&'?&=.1P#(*&7&D#$"#&3$*'"#.*&'?&L#&*/L#5?&(#$1L91&')%5*D&).#'"*D#X&L#
4$*V)#"1&V1$<1C#&91/&%9/*$#&(#&"%&0%&C#&9?L1&%(1D%C?Q*%&\#&?'"?4#81&C$#L%)#&?&;%0*&ET%)%C
*&Y*'(#G&%(*&'?&D?&4%(?L*.*&?&/#D1(?&%'"$)%&;$#P&*&51L(?&0?Q?&?&!4.*"?&*.*&0%D&9*.%
L$?C%D&C$#L?&*&'.%9%L(%&'"#(%)#81&?&=.1<*D#&!)%5&%L(%'&4$1D#&K.#L*'.#)?&%95#+8#)#.*
'?&S1J%DX&L#&C#&?$#/?D1&*&4%)$#"1&?&4%'.?+(%'"&%<?X&51$&51&'.%C#&*/D1>?&8*V&4%"$19(#
/1DJ*
&!1L#D&L#(#&4%"%D&4$*'"#.*&'?X&L#&*&%(*&4%D%C(?&C$#L&K*'?Q*&U'"%&"#0%&$1+*.*
'?&&D#5#X&L#&4%D%C(?&'#&A77&L?0#"#&0(1/#&K.#L*'.#)#&$#L*&%L9$#(1&)#S(%C&.*)#8'0%C
C$#L#&K.#L*'.#)?&51&"$19#.%&D(%C%&'$1L'"#)#&`L&N19$?#$#&L%&#4$*.#&%(&51&?&41"&(#)$#"#
?/*D#%&?&-?9$%)(*0?&*/)1'(1&'?D1&*/&')%C&L14%/*"#X&%P1)*L(%&/#&4.#Q#81&(#5#D(*0#&*
(#9#)01&%$?S5# &=.1P#(*&'?&'1D&"%C#&$1+*.*&,&D#5#X&L#&(#&?+Q?&T1$1")1&4%L*C(?&51L(%
?")$>181X &0%51&9*&*D#.%&L#&4%'.?S*&/#&')#0*&'.?P#5&(1&'#D%&4$%"*)&H?$#0#X&(1C%&*
4$%"*)&=#>#$#X&/#&/#+"*"?&8*V%)*V&4%'1L#
=1>?"*DX&(*51&9*.%&(*D#.%&(*&"#P(%&(*&*'0$1(%X&L#&51&V1$<1C&'#D%&0%L&=.1P#(#&"$#S*%
4%'.1L8?&4%L$+0?&B#%&'"#$*&4%.*"*P#$&%(&'1&%9$#Q#%&*&(#&L$?C1&'"$#(1&:)#"#%&'1&/#&')1&[
-?9$%)(*0?&'1&,&N19$?#$#&$1+#)#.%&%&D%.9*&V1$<1C%)%5X&L#&Y14?9.*0#&4%+#J1X&')#0#0%
$#L*&81C#X&')%51&4%'.#(*01&f'#91C?&*&'?."#(?&`L&-?9$%)P#(#&'#D*V&"$#S*%&51X&%/9*J(%
/#9$*(?"X&'0.%(*+"1&(#&e*4#(?&H?&51&*D#%&')%5&)1.*0*&4%'1LX&0%5*&'1&?&(#$%L?&4#D"*%&')1
L%&(#+*V&L#(#&*&(#/*)#%&:1$<1C%)*(#&B$#51D&#4$*.#&"$#S*%&51&%L&-?9$%)P#(#&)%5(*0#&/#
/1DJ?&*&4%(%)%&.10#$#&/#&'191&U'"%C&4$%.1Q#X&4$10%&4%'19(%C&4%'.#('")#X&%(&51&*'0#%&%L
0$#J#&=#"*51&A777&)%5(*0#&(#&')%5&"$%+#0&B$#J&(*51&D%C#%&L#&D?&4%+#J1&')%5*V&J?L*X&(1C%
51&6&D#5#&?4?"*%&?&-?9$%)(*0&L)#&4%'.#(*0#X&L#&%(*&"#D%&4%"$#S1&$#"(*01&/#&V1$<1C#

R.*&'"#$*&V1$<1C&(*51&L%P10#%&$1/?."#"&8*V%)1&#0<*51X&0%5#&(*51&D%C.#&%91Q#)#"*&D(%C%
[D$%&51&?&T%)%D&&D#5#& ,,X&4%'.1&4%L?S1&9%.1'"*&-#(&4$1&"%C#&*/L*0"*$#%&51
D*"$%4%.*"?&-#)*L?&')%5?&4%'.1L8?&)%J?&:1$<1C&51&%'"#)*%&*/#&'191&(1%P10*)#(%&)1.*0%
*D#81X&0%5*D&51&$#'4%.%S*%&%)#0%&'19*&/#&L?+?&7777&L?0#"#i&'*(%)*D#&K.#"0?&*&!"514#(?
%'"#)*%&51&4%&A7777i&S1(*&d1<*.*5*&777&L?0#"#X&'$19$1(1&'")#$*X&9%C#"1&')*"1X&/.#"%D&*
'$19$%D&%0%)#(1&*0%(1&*&(#0*"&T#$%P*"%&51&D(%C%&'")#$*&*&')1&')%51&9%C#"%&%L1.%&%'"#)*%
(#5D.#>1D&'*(?X&D1/*D<?&!"514#(?&!")#$*&81C%)1&0%D%$1&*D#.1&'?&L#&'1&$#/L1.1&')%5
"$%5*<*&'*(%)#i&%L&"1&4%L1.1&K.#L*'.#)&(*51&9*%&*'0J?P1(&!)1&*D#81&81C%)%&*D#.%&'1
4$1(1"*&?&-?9$%)(*0X&CL1&'1&(%)#<&)1Q&%L&$#(*51&(#.#/*%X&#&/#&*/)$+*%<1&"1'"#D1("#
4%'"#)*%&51&"$*&')%5#&L?9$%)#P0#&4$*5#"1J#&*&"$*&')%5#&4%)1$1(*0#&C%'"#&Y#L*(#X
D*"$%4%.*"#&D*.1+1)'0%C&-#)*L#&*&0(1/#&3$*9*'#)#&K?0%"*Q#&:1$<1C&51&(#&'#D$"(%D


 

 AA7
%L$?&%0?4*%&%0%&'191&4$1"'"#)(*01&L)1&C.#)(1&)1$%*'4%)1'"*&')%51&L$S#)1X&#.*&51&'#D&?D$%
0#%&4$#)%'.#)(*

 +
:1$<1C%)*(#&'1&(#.#/*.#&?&$%4<?&)1Q&*&4$1&'D$"*&V1$<1C%)1X&#&*/#&81&#C%(*5#&51&"$#5#.#&D#.%
4%L?S1X&#.*&91/&*0#0)#&*/C.1L#&L#&'1&4$%<1'&D%S1&/#?'"#)*"*&U/D1>?&V1$<1C%)*V
(#'.1L(*0#&(*51&9*.%&(*0#0)1&'#$#L81&K.#"0%X&0%5*&(*51&?'"#5#%&4$%"*)&%<#X&'D#"$#%&'1
81C%)*D&(#'.1L(*0%D&*&?/1%&51&"*"?.?&V1$<1C#&K.#L*'.#)&'1&%L)%5*%&/#&%P1)#&S*)%"#&*&*D#%
51&')%5?&%9.#'"&U'"%P(*&L1%&"1&%9.#'"*&L$S#.*&'?&H?$<*X&#.*&(*&?&/#4#L(*D&K.#L*'.#)&'1
(*51&)*+1&D%C#%&%L$S#"*&;$/%&4%'.1&%P1)1&'D$"*X&5%+&?&.1"%& ,,X&81C%)%&b*)(%&4%'1%&51
U)#(*+&K.#"0%)*QX&#&%(&51&'#D&4$1L#%&4%P1"0%D&#)C?'"#&*'"1&C%L*(1&(10#&L)#&')%5#&C$#L#&?
L%.*(*&d1"*(1&*/#'.#(*<*D#&0$#J#&o1$L*(#(L#&e"#&51&')1&/#L$S#%&%L&')%5*V&'"#$*V
4%'1L#&(1&L#&'1&L#(#'&?")$L*"*&4%?/L#(%X&#.*&51&'*C?$(%&L#&51&'#D%&C?9*%&H%&'1&)*L*&)$.%
5#'(%&*&4%&%4#L#8?&81C%)#&?C.1L#&?&-?9$%)(*0?&H$1Q*&9$#"&!"514#(&9*%&51&5%+&L1"1&0#L&51
V1$<1C&?D$%&*&S*)1%&51&'#&K.#"0%D
[&"%&)$1D1X&0#L&51X&P*(*&'1X&')1&9*.%&D%C?Q1&*&0#L&'?&'1&4$#)*.1&*&)$.%&N#("#'"*P(1
0%D9*(#<*51X&4%$?P*%&51&?&:1$<1C%)*(?&'*(&0$#J#&R.N%(/#&R$#C%('0%CX&0$#J&o1$L*(#(LX
0#0%&'?."#(&(#D1$#)#&'&8*D&L#&'1&%$%L*X&F4#&0#0%&(#4?J'0*&0$#J&L%"#L#&(1D#&4$10%D%$'0%C
4%'51L#X&"%&D?&51&'?."#(&0#%&D*$#/&%91Q#%&;%'(?F&H%&51&9*%&4%'$1L#(&%LC%)%$&(#
D#>#$'01&4$1"1(/*51&O1$&0$#J&=#"*5#&4*'#%&51&5%+& &D#5#& ,,&o1$L*(#(L?X&0#0%&Q1
4%'.#"*&)%5'0?&?&;%'(?X&?&0%5%5&51&F/9%C&(14$*5#"1J'0*V&(#4#L#5#F&%'0?L*<#&?&V$#(*X&4#&C#&51
D%.*%&L#&C#&%(&4%D%C(1&9#$&?&"%D&4$#)<?
:1$<1C&K.#"0%&(#'"#)*%&51&?&4$)%&)$1D1&)1/1&'#&=#>#$*D#&3%/*)#%&*V&51&'#DX&L#&D?&4%D%C(?
?&%L9$#(*&/1DJ1&*&%91Q#)#%&*D&*/L$S#)#81&4%'.#"*V&P1"#&U&%(*V&7777&V1$<1C%)*V&L?0#"#
%'"#)J1(*V&/#&L?+?&%L$1L*%&51&4#4#&L#&'1&4$1L#5?&=#>#$*D#X&F51$&L#&?&%(%&L%9#&(1D#&9%J1C#
/#L?+5#&(1C%&.*&)%51)#"*&(#&H?$01F&3%P1"0%D&(%)1D9$#&4%+.*&'?&9*.*&?&3%P*"1J&F

 F&L#&$#L1&(#&91L1D*D#&C$#L#&*&L#&?&81C%)%5&9.*/*(*&4%L*C(?&51L#(&)1.*0*&D%'"&4$10%
T1$1")1 &3%0?+#)#.%&'1&')1X&L#&'1&"?&9#$&%$C#(*/?51&9#/#&/#&%"4%$X&0#L&51&4#%&;.#C#5&*
<1.#&(1$1")#('0#&L%.*(#&%0%&;?(1
H?$<*&'?&4$*"*'0#.*&%'1"(%&*&J?L*&'?&"$#S*.*&'*C?$(*5#&'0.%(*+"#&K%5)%L#&U)#(*+
K.#"0%)*Q&'#&9$#Q%D&4%(?L*%&'1&0$#J?&=#"*5*&*&41P?5'0*&9*'0?4X&?&*D1&0$#J1)%X&?/1%&51&
#)C?'"#& ,,&81C#&*&9$#Q?&D?&4%L&')%5?&/#+"*"?
&3%P1"0%D&'14"1D9$#&L%+#%&51&K.#"0%
:1$<1C%)*Q&(#&L?9$%)#P0%&%'"$)%&-#0'?X&51$&51&?&C$#L?&V#$#.#&0?C#X&*&4$1C%)#$#%&51&%&"%DX&L#
D?&-?9$%)P#(*&%"4$#"1&S1(?&?&T1D#P0?&EF &m  FG&`(*&'?&%L.?P*.*&&'14"1D9$#&L#
D?&*'4.#"1&7777&L?0#"#X&#.*&D?&(*'?&V"1.*&L#"*&')%5*V&.#>#&T*'?X&D1>?"*DX&9$#(*.*
')%5*D&J?L*D#&L#&'.?S1&K.#"0?&(#&"?>*D&.#>#D# 
[&"%&)$1D1&4$*'"*/#.#&'?&D#>#$'0#&4%5#P#8#&?&3%P*"1J&:1$<1C&K.#"0%&9*%&51&'&8*D#&?&)1/*X
#.*&51&*/D1>?&81C#&*&D#>#$'0*V&)%>#&L%+.%&9$/%&L%&(1'?C.#'*<#&`)*&'?&'1&J?"*.*&+"%&*V&%(
(1&*'4.#Q?51&0#L&*V&51&4%/*)#%&*&0#L&'1&(#&"%&$#(*51&9*%&%9#)1/#%X&51$&'?&%L&"%C&*D#.*&$#/(*V
+"1"#&!&"%C#&'?&C.#)(*&/#4%)1L(*<*&O%)#(&Y%/C%8*&*&O%)#(&H?/&(#$1L*.*&L?9$%)#P0%5&).#L*X
L#&'10)1'"$*$#&<1%&L14%/*"&V1$<1C#&!"514#(#&?&')%D&C$#L?&/#&@777&/.#"(*0# &T#&P1.?
D#>#$'0*V&4.#Q1(*0#X&FL$#9#(#"#FX&9*%&51&?&3%P*"1J?&!#(L$?'&3#?.X&0%5*&51&5?(#P0*&'4$1D*%
"#5&C$#L&/#&%L9$#(?&*&L$S#%&C#&P)$'"%X&4%D#C#(&4%"#5(%&%L&-?9$%)P#(#&\#&"%&)$1D1&H?$<*&'?
'1&?P)$'"*.*&?&%'"#.%5&:1$<1C%)*(*&*&%4+"*.*&'?&'&-?9$%)(*0%D&4%&%9*P#5*D#&'"#$*V
'?'1L#&K%5)%L#&RVD1"&4%'.#%&51&P#0&/#&;%S*Q& ,,&?&-?9$%)(*0&F/L$#)*<?F&E


  yG &[&#4$*.?& ,6&'1L1%&51&)1Q&0#L*5#&?&H$19*8?&H$C%)#P0*&4$%D1"X&0%5*&51&51L(%


)$1D1&9*%&/#'"#%X&4%P1%&51&)*L(%&L#&%S*)J?51&B#%&C.#)(*&C$#L&"?$'01&:1$<1C%)*(1&4%'"#.#
51&o%P#X&0%5?&'?&H?$<*&.14%&$#/)*.*X&*'"%&0#%&D#.%&0#'(*51&*&=%'"#$
=.1P#(*&'?&'#&4#S8%D&4$#"*.*&$#/)%5&L%C#>#5#&T#$%P*"%&'?&/#/*$#.*&%L&"%C#X&L#&'1&?&4*"#8#


 

 AA
:1$<1C%)*(1&(1&?D1+#&5%+&*&(#4?J'0*&0$#JX&0%5*&9**DX&4%$1L&=#>#$#&*&H?$#0#X&/#L#%&(%)1
C.#)%9%J1&B#L&'1&?&#)C?'"?&C%)%$*.%&%&"%DX&L#&o1$L*(#(L&?4?"*&K.#L*'.#)?&(1+"%&4%D%Q*
?&V$#(*&*&J?L'")?X&%(*&'?&&#)C?'"#& ,,&(#$1L*.*&'4.*"'0%D&0(1/?X&L#&(1&4$%4?+"#
(*0#0)1&)%5'01&4$10%&8*V%)#&4%L$?P5# &`(*&'?&?%4+"1&9*.*&)1%D#&4%L%/$*)*&B#0%&51
4%'.1L8#&9%'#('0#&0$#J*<#&S*)1.#&?&!4.*"?X&CL1&'?&5%5&L%.#/*.*&D(%C*&(1&'#D%&;%'#(<*
(1C%&*&=#>#$*X&8*D#&'1&"%&?P*(*.%&'?D8*)*DX&4#&'?&(#$1L*.*&'4.*"'0%D&0(1/?&L#&(#&)1+"
(#P*(&(#C%)%$*&0$#J*<?X&L#&'1&4$1'1.*&?&e*91(*0&*.*&(#&(10%&%L&8*V%)*V&%'"$)# 
=1>?&:1$<1C%)*Q*D#&51&)$.%&9$/%&(#'"#.#&/#)#L#&/9%C&4%L1.1&%P1)#&(#'.1L'")#&!&D?0%D&51
?'41.%&-?9$%)P#(*D#&(#C%)%$*"*&9$#Q?X&L#&*D&'1&'#'"#(?&4?(%D%Q(*<*&0#0%&9*&*D&'1
4$%P*"#.#&V1$<1C%)#&4%'.1L8#&)%J#&B#L&51&"%&4%'"*C(?"%&&L1<1D9$#& ,,X&K.#L*'.#)&'1
%'1"*%&/#4%'"#)J1(&*&"$#S*%&51X&L#&'1&V1$<1C%)#&%'"#)+"*(#&'10)1'"$*$#&T#+#%&51&9$/%
4%D#C#P1&?&D#>#$'0*D&/#4%)1L(*<*D#X&0%5*D#&K.#"0%X&/9%C&8*V%)*V&)1/#&'#&K.#L*'.#)%D&*
+"%&(*51&*D#%&(%)#<#X&(*51&V"1%&L#)#"*&*/L$S#)#81&[/#.?L&51&V1$<1C&K.#"0%&4%0?+#)#%
4$10%&=.1P*Q#X&L#&'1&"#&'10)1'"$#<*5#&?0*(1&-?9$%)P#(*&'?&'1&L$S#.*&(#$1L91&')%51
)$V%)(1&).#'"*&O1L*(%&(#&+"%&'?&4$*'"#5#.*&9*.%&51&"%X&L#&D?&L#5?&4%(1+"%&?(#4$1L&(#&$#P?(
0#'(*51&*'4.#"1&(#'.1L'")#&`)#&51&$#/D*$*<#X&(#$#)(%X&/(#"(%&L%4$*(1.#X&L#&'1&K.#"0%
4$*9.*S*%&)*+1&=.1P#(*D#X&#&L#&'1&K.#L*'.#)&%'.%(*%&4%"4?(%&(#&=#>#$1&`0%&"*V
*'4.#"#&)%L*.*&'?&'1&P1'"*&4$1C%)%$*&*&)1.*0#&4$14*'0#&:1$<1C?&K.#"0?&"$19#.*&'?&(%)<*
$#L*&*'4.#"1&(#5#D(*0#X&/#&L#$%)1X&/#&0?Q?&*&/#&L$?C1&4%"$191&*&%(&'1&P1'"%&%9$#Q#%&?
-?9$%)(*0X&L#&D?&'1&4.#"*&81C%)&L1%&*.*&L#&D?&'1&L#L1&/#5#D&-?9$%)P#(*&'?&C#&)$.%&P1'"%
%L9*5#.*&*&4.#Q#.*&'?&D?&%9*P(%&'#D%&C%L*+81&L%V%"01&%L&0?Q#&*&*D#8#&H%&51&J?"*.%
K.#"0#&*&0)#$*.%&%L(%'1&*/D1>?&8*V&H%&51&4%'.1&L#.%&4%)%L#&*&.1C1(L*X&5%+&%L$S#)#(%5&?
:1$<1C%)*(*X&0#0%&'?&-?9$%)P#(*&4$1)#$*.*&V1$<1C#&!"514#(#&/#&(%)#<&U/&'"$#V#&%L
H?$#0#X&4$*P#&'1X&%(*&'?&"$#S*.*&L#&%(X&0#L&51&%'"#)J#%&')%51&9.#C%&0%L&8*VX&(#4*+1&(#
C$#L'0*D&/*L%)*D#&F3$%>1&V1$<1C&*&4$%(1'1&9.#C%F&B#L&'?&4%'.1&81C%)*&(#'.1L(*<*
"$#S*.*&"#5&(%)#<X&-?9$%)P#(*&'?&*D&?0#/*)#.*&(#&"#5&/#4*'&K.#"0%&'1&/9%C&"1&'")#$*
%9$#Q#%&*&D.1"#P0%5&).#L*&*&0$#J?&o1$L*(#(L?X&*&%)*&'?&4%'$1L%)#.*X&#.*&51&?'41V&9*%&'#D%
L1.*D*P#(
K.#L*'.#)&:1$<1C%)*Q&0$1(?%&51&?&N19$?#$?& ,6&C%L&/#&[C#$'0?&-?9$%)P#(*&'?&(?L*.*&*
V1$<1C?&K.#"0?&L#&C%)%$1&/#&8&0%L&0$#J#&=#"*51&`(&51&$#(*51&*D#%&)1/#&'&=#>#$*D#X&#.*&'#L
'1&4$*9.*S*%&=.1P#(*D#&*&0$#J?&o1$L*(#(L?&`)#5&D?&51&4%'.#%&P#0&*&(1+"%&)%5(*0#&L#&C#
P?)#5?&EF & &  & &
&
FG&B#L&51&K.#"0%&/#S1.1%&*&L#&4%'1"*&0$#J#&?&T#4?J?
%LC%)%$1(%&D?&51&?&4$%.1Q1& ,@X&L#&"?&4%'1"?&%L.%S*&/#&4%)%J(*5#&)$1D1(#X&4%+"%&9*
81C%)%&%L'?'")%&*/&/1DJ1&D%C.%&L#&L%(1'1&(1/C%L# &H%&(*51&9*.%&91/&%4$#)L#(%C&$#/.%C#
U#0%&(*'?&9*.*&?&%")%$1(%D&$#"?&H?$<*&'?&*4#0&)$+*.*&4$*"*'#0&*&'?D8*)#&0$1"#8#
K%5)%L#&RVD1"&V"1%&51&?&L1<1D9$?& ,6&L#&4$1>1&4$10%&L?9$%)#P0%C&4%L$?P5#&*&Y14?9.*0#&51
V*"(%&(#$1>*)#.#&?")$>*)#81&*&P?)#81&!"%(#&*&B%(#)J#&*&0%(<1("$#<*5?&(19%$#P0%C
'"#(%)(*+")#&?&B%(#)J?&(#&%L$1>1(#&D1'"#X&?&d#)"#"X&=%.?(#"&*&L$?C# &H?$<*&'?
?/(1D*$#)#.*&(#$%P*"%&K.#"0#X&#.*&(*'?&+"1L1.*&(*&-?9$%)P#(1X&"$#S1Q*&4%)*+181
V#$#P#&K.#L*'.#)&'1X&D1>?"*DX&'0.%(*%&?&[C#$'0?X&CL1&51&D1'1<*D#&4$1C%)#$#%&%&')%5%5
'?L9*(*X&%'"#)*)+*&S1(?&91/&'$1L'"#)#&-?9$%)#P0#&Y14?9.*0#&L#)#.#&51&81C%)%5&0*$&R(*
(10%.*0%&4?"#&'*"(1&4%D%Q*&%L&4%&7A7&41$41$#X&L#&5%5&'1&(#>?&?&%'0?L*<*
;%$91&K.#"0%)1&'&H?$<*D#&9*.1&'?&)*+1&P#$01X&#.*&*4#0&'&%/9*J(%D&4%/#L*(%D&[&"*D
9%$9#D#&81C%)*D&J?L*D#&4%+.%&51&/#&$?0%D&L#&/#$%91&)%5)%L?&RVD1"#&*&L#&C#&%L)1L?&?&T%)*
-#&9*&"1&9%$91&9*.1&?'41+(*51&-?9$%)P#(*&'?&4$14%$?P*)#.*X&L#&'1&*/D*$1&V1$<1C&K.#"0%&*
U)#(*+&K.#"0%)*QX&#.*&'?&%4%D*8#.*&')%51&).#'"*&FÈ&&&
 
&&ÈÈ
l

&   & & 
&

F 
B$#51D& ,6&C%L&91+1&L%+.%&L%&'#')*D&0%(0$1"(*V&4$1C%)%$#&%&4$*D*$5?&*/D1>?&H?$#0#&'
51L(1X&#&=#>#$#&*&=.1P#(#&'&L$?C1&'"$#(1&Y#(*5*&4%.1"&91+1&'#')*D&D#.#0'#%&B$#J&=#"*5#
51&%9$#"*%&4#S8?&(#&L$?C?&'"$#(?X&#&=.1P#(*&'#D*&(*'?&(*&D%C.*&(*&V"1.*&L#&'(%'1&')1


 

 AA
"1C%91&$#"#&R.*&9#+&?&"%&)$1D1&(#)#.*+1&H?$<*&(#&R.9#(*5?&*&5?(#P0*!01(L1$91C&?D$1
 ,@&C%LX&?&D.1"#P0%D&h1+?&C.1L#5?Q*&'.%D&')%51&L$S#)1&=.1P#(*&'?&(#&"%&$1+*.*X&L#
?4%"$191&')#&'$1L'")#&0#0%&9*&%'"#"01&R.9#(*51&L%9*.*&4%L&')%5?&).#'"X&D#0#$&L%+.%&*&L%
.%0#.(*V&'?0%9#&'#&H?$<*D#&[&.1"%&%(*&'?&L%*'"#&4%P1.*&(%)?&%N#(/*)?X&*'0%$*+Q#)#5?Q*
'?."#(%)&%L.#/#0&?&R/*5?&H?$<*&'?&(#&"%&?/(1D*$#)#.*&=.1P#(1&4$%)#J?5?Q*&*/&;%'(1&L%
!18#X&\#L$#X&!0$#L*(#&*&e*91(*0#&B$9#)#&51&/9%C&8*V&%4?'"1.#&Y#L*&9%J1&%L9$#(1
=.1P#(*&'?&%9(%)*.*&")$>#)?&T#L*(X&*&?4?"*.*&'?&"#D%&)1+"%&)%5'01&*&%$?S5#&[
+*91(*P0%5%0%.*<*X&)1.*&'1&?&51L(%D&*/)1+"#5?X&/#).#L#.*&'?&/9%C&H?$#0#&F(1)%J#&*
%P#5#81F&B#%&(10#&D1$#&4$1L%'"$%S(%'"*&L%+.%&51&*&4$%"1$*)#81&9%'#('0*V&N$#81)#<#&*/
-#.D#<*51X&P*5*&'?&'1&FS*)%"&*&%9*P#5*F&?P*(*.*&D.1"#P0*D&).#'"*D#&0#%&F)1%D#&'?D8*)*F
*&4%&8*V%)?&L$S#)?&F)1%D#&%4#'(*F&T#$%P*"%&'?&*D&9*.*&(#&%0?&N$#"$*&=#$*(&B%$P?.#(*(
*&o$#8%&\.#"#$*QX&F0%5*&'?&C.#)1&%)1X&L#&$1P1D%X&'10"1F 
\#&"%&)$1D1&:1$<1C%)*Q*&'#D*&(*'?&4$1L?/*D#.*&(*+"#&%4#'(*51&4$%"*)&H?$#0#&M.1L#.*&'?
51L*(%&L#&'1&'#D*&%L$S1&0%.*0%&D%C?&H%0%D& ,@&C%L&4%(?L*%&51&0$#J&o1$L*(#(L&V1$<1C?
K.#"0?&/#D1(?&(10*V&C$#L%)#&3$1&0%(#P(1&%L.?01&%9$#"*%&'1&K.#"0%&?&=.1"01&L#&?4*"#&/#
'#)1"&U.*&51&(#&"#5&(#P*(&D*'.*%&L#&*/#/%)1&D.1"#P01&4%(?L1“&=.1P#(*&'?&D?&7&N19$?#$#
 ,&%LC%)%$*.*X&0#0%&%(*&D*'.1&L#&9*&9*.%&9%J1&L#&%(&'#P?)#&%(%&+"%&51&(#'.1L*%X&(1C%&L#
L#51&'*C?$(%&/#&(1'*C?$(%&T#&81C%)1&4%(?L1&L#&L%>1&?&=.1"01&%LC%)%$*.*&'?&D?&*&%(*X&0#%&*
0$#J&o1$L*(#(LX&L#&?&"#&"1+0#&)$1D1(#&"$19#&L#&'1&(#>1&0%L&0?Q1X&D1>?&')%5*D&?C$%S1(*D
4%L#(*<*D#
&3$14%$?0#&51&9*.#&'#')*D&(#&D1'"?X&51$&%4#'(%'"*&%L&H?$#0#&(*'?
4$1'"#5#.1&[&.1"%& ,&4$%L$.*&'?&%(*&*/&;%'(1&')1&L%&h?9J#(1X&4?'"%+1Q*&:$)#"'0?*
U'"$?&*&C$#91Q*&'*.#(&4.1( &-#&4%D%C(?&K.#"0#&=.1P#(*&'?D?&?&#)C?'"?&"1&C%L*(1&/#
81C%)1&C$#L%)1&4%'.#.*&277&'"#$*&S*"#
&R.*&K.#"0%&51&?&"%&)$1D1&?+#%&*4#0&?&)1/1&*&'#
=#>#$*D#X&*&?&L1<1D9$?& ,@&'"*C.#&'?&L)#&0$#J1)#&4%'.#(*0#&L%&81C#&=#>#$*&'?&'1&5%+
?)10&L$S#.*&?&3%P*"1J?X&4%D#C#(*&%L&-?9$%)P#(#&*&9$#Q1&K.#"0%)*Q#X&*#0%&'?&H?$<*
L%'#>*)#.*&*&8*D#&*&<1.%5&(1$1")#('0%5&L%.*(*&B$#51D& ,&C%L&'#D&51&)%5)%L#&U)#(*+
*+#%&.*P(%&?&4%D%Q&"%D&C$#L?&[4.#+1(*&-?9$%)P#(*X&L#&(1&9*&9*.*&'?D8*P1(*&/9%C&)1/1&'
8*DX&D%.*.*&'?&U)#(*+1)#&9$#"#&j#$0#X&L#&%&;%S*Q?&(1&L%.#/*&?&8*V%)&C$#L
B$#51D&L1<1D9$#& ,@X&C%L&L%+#%&51&(#"$#C&*&K.#L*'.#)&:1$<1C%)*Q&j*)1%&51&(#&%'"$)?
B%.%P14?X&(1D#5?Q*&)*+1&(*0#0)#&?"*<#5#&?&:1$<1C%)*(*&[C.1L&D?&51&9*%&'#')*D&%4#%
-?9$%)P#(*&'?&%L9*5#.*&L#&D?&L#L?&)1Q*&/#5#DX&F4%D%Q&*&L#$FX&#&%(&'1&/#L%)%J#)#%&*&'*"(*D
4%/#5D*<#D#&T*51X&0%.*0%&)*L*D%&*/&#0#"#X&*D#%&(*0#0)#&?P1+Q#&?&4$1C%)%$*D#&%&4%D%Q*X
0%51&'?X&?&*D1&0$#J1)%X&)%L*.*&D#>#$'0*&*/#'.#(*<*&?&-?9$%)(*0?X&'"#)J#5?Q*&?&*/C.1L&(%)?
=#"*5*(?&10'41L*<*5?&4$%"*)&H?$#0#

3%'.1&L?S*V&(#"1/#8#&*'4.#"*.*&'?&-?9$%)P#(*&?&.1"%& ,&<1.?&%P1)?&/#%'"#)+"*(?
K.#L*'.#)?&:1$<1C%)*Q?X&#&4%'.1&P*"#)#&(*/#&4$1L?5D%)#&')$+*.*&'?&*L?Q1&C%L*(1&*
%9$#P?(&'#&K.#"0%D&*&!"514#(%D
&[P*81(%&51&"%&9*.%&(#&/#?/*D#81&'#D%C&'?."#(#&3$)%
51&4%'$1L%)#81&9*.%&)1Q&?&.1"%& ,
&R.*91C&K.#V%)*QX&'?."#(%)&*/#'.#(*0X&4*+1&?
')%D&4*'D?&%L&,&5?.#& 67&?&-?9$%)(*0?X&L#&'1&'?."#(&F'D*.%)#%F&(#&V1$<1C#&K.#"0#&*&L#
51X&D1>?&%'"#.*D&D*.%'"*D#&0%51&D?&51&?0#/#%X&4%'.#%&4$10%&81C#&*&(#$1L9?&-?9$%)(*0?&L#
K.#"0#&*'4.#"1&*&4%"4?(%&?$1L1&'&8*D&%P1)?&%'"#)+"*(?&!&R.*91C%D&'?&L%+.*&*
*/#'.#(*<*&C%'4%L#$#&R5#/91C#&9%'#('0%C&*&)%5)%L1&:#D/1&V1$<1C%)#P0%C&F(#).#ã¯&(#&"%*
%9#&4%'.#(#X&#&4%&$P*&*&4%&/#4%)L*&<#$1)*F
K.#"0%&'1X&0#0%&L%/(#51D%&*/&L$?C%C&#0"#X&4%'.1&?/#.?L(*V&%9$"#8#&(#&')1&'"$#(1X&4$)1
4%.%)*(1& ,&C%L&4%0%$*%&'?."#(?X&*&%)#5&D?&51&%'"#)*%&P1"*$*&C$#L#
&B%5*&'?&"%
C$#L%)*&(1&L#&'1&"#P(%&?")$L*"*&!1D&T%)%C&*&Y*'(#&%(&51&L$S#%&5%+&(#&/#4#L?&K$C%$#<&*
K*'?Q*&%L&)1Q*V&D1'"#X&#.*&'1&D%SL#&%)%&%L(%'*&*&(#&0%5*&L$?C*&C$#L&]1C%)#&'1'"$#&=#$#
?L#.#&'1& ,&C%L&/#&U)#(#&d$(%51)*Q#X&#.*&%L&"1&)1/1&(*51&9*.%&/(#P#5(*5*V&4%.*"*P0*V
4%'.1L*<#&K.#L*'.#)&51X&D1>?"*DX&'*"&9%$91&*&*/C?9*)+*&4%)1$181&?&<1.%D&'?'1L'")?X&'#
(1+"%&4$*'"#.*<#&(#4?'"*%&:1$<1C%)*(?&*&4$1+#%&?&51'1(& ,&?&!.#)%(*5?&H#D%&D?&51


 

 AAA
0$#J&=#"*5#&?'"?4*%&C$#L%)1&=#.*&*&K1.*0*&B1D.10B#.(*0X&0%5*&'?&+"*"*.*&4%L$?P51&$101
b%81
&U&0$#J&=#"*5#&51& &%0"%9$#& 67&4%")$L*%X&L#&51&4$*D*%&7777&L?0#"#&V1$<1C#
!"514#(#X&F 
& & &
FX&0%51&51&4#4#&L%L1.*%&=#>#$*D#&0#%&9%$<*D#&/#&V$*+Q#('0?
'")#$&
&-?9$%)P#(*&'?&?&')%5*D&%9$#P?(#)#8*D#&'#&:1$<1C%)*Q*D#&4#SJ*)%&0$*.*
(#D1(?&"%C&(%)<#&*&4%D1(&.*<#&0%D1&'?&C#&4$1L#.*
\#&"%&)$1D1X&0$#51D& ,&C%LX&$#L*.%&'1&(#&'")#$#8?&(%)1&V$*+Q#('01&.*C1&')*V&"#.*5#('0*V
L$S#)*<#X&'&4#4%D&3#).%D&II&(#&P1.?&3%'.1&L?C*V&*&0%D4.*0%)#(*V&4$1C%)%$#&'#)1/&51
?C.#)J1(&,&5#(?#$#& 67&'&)1.*0*D&(#L#D#
&[&"%D&P#'?&?&:1$<1C%)*(*&%L(%'&K.#"0%)&'
-?9$%)(*0%D&9*%&51&)$.%&$>#)&:$*+Q#('01&'*.1&V"1.1&'?&L#&*V&(#C%L1X&*&4%'$1L%)#.*&'?&*
N$#"#$&R.10'#(L#$X&D#>#$'0*&4%'.#(*0X&*&=.1P#(*&R.*&-?9$%)(*0&51&(1.%5#.(%&*&L%*'"#&'#
+*0#(#D#&%"1/#%&*&D$J#)*%&K.#"0%)1&(%)P#(1&4%'.%)1&[<18*)#%&51&P#0&*&%P1)*L(%&(1$#L%
L#)#%&(%)#<&U&(#&'$#D%"?&V$*+Q#('01&.*C1&4%4?'"*%&51&'#D%&%(L#X&0#L&'?&'"*C.*&'?."#(%)*
J?L*&[&"%&)$1D1X&?&'14"1D9$?X& 67X&%(*&'?&4%D#C#.*&5%+&*&j#$0#&K.#"0%)*Q#X&0%5*&51&?/1%
K.#"0%)&C$#L&K$C%$#<X

&4#&'?&%L(%'1&4%C%$+#.*&5%+&)*+1
[4$#)%&?&"%&L%9#&;%'(#&51&*/(1(#L#&L%9*.#&(%)%C&0$#J#&T*0%.#&U.%P0*X&0%5*&'1&%L& A@
C%L&5#)J#&0#%&D#P)#('0*&9#(&*&0%5*&51&4%'.1&/#?/*D#%&D(%C1&?C.1L(1&4%.%S#51&?&[C#$'0%5&*
4%'"#%&51L#(&%L&(#59%C#"*5*V&*&(#5?"*<#5(*5*V&J?L*&0$#J1)'")#X&91+1&'1& 6&C%L&%")%$1(%
4$*L$?S*%&4$%"*)(*<*D#&0$#J#&=#"*51&`4%/*<*5#&51&*+.#&P#0&"#0%&L#.10%X&L#&51
(#D1$#)#.#&'$?+*"*&=#"*5?&'&4$1'"%.#&-#&$#/9*51&"?&%4#'(?&L$?S*(?&0$#J&51&4%(?L*%
#D9*<*%/(%D&T*0%.*
&9%'#('0?&0$#J1)'0?&0$?(?X&/#&0%5%D&51&%)#5&%L#)(%&S?L1%
=#>#$'0*&'#9%$X&'#/)#(&?&'14"1D9$?& 6X&%L%9$*%&51&"#5&4$1L.%C&H#0%&51&;%'(#&L%9*.#
(%)%C&C%'4%L#$#&F=%S1&'1&L#0.1&$1Q*&L#&51&U.%P0*&/#L%9*%&"%&L%'"%5#('")%&(#&"1D1J?
?C#$'0%C&/#0%(#X&%L(%'(%&4$#)#&')1"1&0$?(1&`'*D&"%C#&D?&51&0$#J&L#%&?&4%'51L&C$#L%)1
4$*%$#"#&)$#('0%CX&0%5*&'?&'.?S*.*&/#&?/L$S#)#81&O#5<#&3%)51$*%&D?&51&*&?4$#)?&V$)#"'01&*
'.#)%('01&9#(%)*(1F &R.*&"%&51&F4$#)%&')1"1&0$?(1F&)$.%&4$%9.1D#"*P(%&UD1(%)#81
U.%P0%C&9*.%&51&91/&*0#0)#&)%J(%C&?P1+Q#&;%'#(#<#&*&*/)1L1(%&51&%(L#X&0#L&51&"#5&L1%&;%'(1
9*%&%9*P(#&?C#$'0#&4%0$#5*(#&=1>?"*DX&D(%C%&'")#$(1&).#'"*&U.%P0*&(*51&?%4+"1&*D#%
]1D?X&0#%&0$#J?X&4$*4#.#&51&%9.#'"&H1%P#0#&'#&0$#51D&L%&9.*/?&\)%$(*0#X&L%0&'?&?&O#5<?&*
L#J1&?4$#)J#.*&9#(%)*X&0%51&51&=#"*5#&4%'"#)*%&!?51"#(X&U.%P0*&51&?S*)#%&?&')%5%5&(%)%5
)*'%0%5&"*"?.*&*&?&P*(?X&0%5*&C#&51&'"#)J#%&(#&D1'"%&%LD#V&L%&0$#J#X&*'4$1L&')*V&<$0)1(*V
L%'"%5#('")1(*0#&-%9*)+*&"?&"*"?.?&U.%P0*&'1X&(#$#)(%X&*/L)%5*%&*/&%4%/*<*51&*&4%'"#%
51L#(&%L&C.#)(*V&4%D#C#P#&=#"*5*(*VX&')1&L%&'D$"*X& 66&C%L &[&(%)1D9$?& 6
%P10*)#%&'1&81C%)&L%.#/#0&?&O#5<1X&*&"%X&0#0%&'1&C%)%$*.%X&F&&& 
FX &#.*X
0%.*0%&L#(#'&/(#D%X&L%&"%C#&#0"#&(*51&L%+.%X&0#%&(*&L%&'")#$(1&).#'"*&T*0%.*(1&?&'"#$%5
4$1'"%(*<*

3%'.1&'")#$#8#&V$*+Q#('01&.*C1&*&H?$<*&'?&4%'"#.*&(1+"%&#0"*)(*5*X&*&(#&5?C?&*&(#&'1)1$?
:1$<1C&K.#"0%&51X&*&4%'.1&*'4.#"1&(#'.1L'")#X&*D#%&5%+&(1L%)$+1(*V&$#P?(#&'
-?9$%)P#(*D#&U/C.1L#&L#&51&')%51&(1/#L%)%J'")%&'&Y14?9.*0%D&L%'"#)*%&*&H?$<*D#
3%P1"0%D& 6&C%L&'4$1D#.%&'1&(10%&/.%&K1Q&*&4$1&-?9$%)P#(*&'?&'1&9*.*&4%P1.*&L#
?")$>?5?X&#&&N19$?#$#&%9?'"#)*.*&'?&')?&"$C%)*(?&/#&?(?"$#+8%'"&=#.%&4%"%DX&?4#.*&'?
H?$<*&A&N19$?#$#& 6&?&j?4?&*&%4.1(*.*&3%'"$#81&!&8*D#&/#51L(%&4J#P0#%&51&*&K.#"0%
L?9$%)#P01&0#$#)#(1&[&D#.%&(*51&4#%&?&8*V%)1&$?01&0%(#)J#('0*&C$#L&!%0% &T#&9$/?
$?0?&4$*4$1D*+1&-?9$%)P#(*&%L9$#(?&C$#L#&*&4$1L?/1+1&')1&L#&?9.#S1&H?$01&B#%
%95#+8181&/#&(#4#L#5&H?$<*&'?&(#)%L*.*&"%X&L#&-?9$%)P#(*&(*'?&V"1.*&4$*'"#"*&(#
4%)*+181&V#$#P#
K1Q&0$#51D&N19$?#$#&"$#S*%&51&K.#"0%&L%L*$#&'&-?9$%)P#(*D#X&L#&4%0#S1&0#0%&'1&%(&(*51
4$*L$?S*%&H?$<*D#&0#%&8*V%)&4$#)*&(14$*5#"1J&`(*&'?&D?&%LC%)%$*.*&&D#$"#X&#.*&'?
(#'"#)J#.*&%$?S#81&?&B%(#)J?&[4?"*.*&'?&?&*'"%&)$1D1&4%'.#('")%&(1&'#D%&:#D/#91C?X
"?$'0%D&/#4%)1L(*0?X&(1C%&*&'#D%D&'?."#(?&3%/)#.*&'?&&D#$"#&*&j#$0#&K.#"0%)*Q#X&L#&'#
')%5*D&J?L*D#X&0%5*D#&'?&%L$1L*.*&4.#"?X&L%>1&?&!"%(X&/#&')#0*&'.?P#5&!4$1D#.#&'1&%L9$#(#


 

 AA
(1&'#D%&"%C&C$#L#X&(1C%&<1.1&.*(*51&%L&31"$%)#&!1.#&L%&;$C#"# &B$#51D&D#$"#&?4?Q1(&51
51L#(&4#4*(&.1C#"&V1$<1C?&K.#"0?&*&?&-?9$%)(*0X&L#&4%'$1L?51&*/D1>?&8*V &[&K1Q?&'?&D?
4%0#/#.*X&L#&'?&%(*&')$+*.*&')1&$#P?(1&'&:1$<1C%)*Q*D#&*&L#&'?&4%&S1J*&0$#J#&=#"*51
L#.*&Y%/C%8*5?&*&(%)#<&/#&$#"&4$%"*)&H?$#0#&3#4*(&.1C#"&9#)*%&'1&0%L&K.#"0#&?&L$?C%5
4%.%)*(*&#4$*.#&*&)$#"*%&'1&?&-?9$%)(*0&&D#5#
\#&"%&)$1D1&?'41.%&51&*&L?9$%)#P0%&4%'.#('")%&?&d#$*C$#L?&!?."#(&51&(#$1L*%X&L#&*D&'1
)$#"*&%(%&+"%&51&9*.%&?4J#P0#(%X&#.*&51&4%)*'*%&L?9$%)#P0*&L#(#0&/#&"?&C%L*(?&'#&2777&(#
777&L?0#"#X&#&%L& 6&C%L&(#&7777 &K1Q&?&5?(?&)$#"*%&'1&T*0%.#&3#.D%"*Q&%L&'?."#(#
?&-?9$%)(*0X&#&%L#".1&51&9*%&?4?Q1(&K.#"0?&3$1C%)%$*&'?&/#)$+1(*&9$/%&*&?'41+(%X&51$&51
@&5?(#&9*%&*/&-?9$%)(*0#&%")%$1(&4?"&/#&"$C%)*(?&;*.%&51&D%SL#&'#D%&(1+"%&)*+1&$1P*&%
(10*D&L?9$%)#P0*D&4%L#(*<*D#&*/&-?91&*&!"$#)P1X&0%5*&'?&'1&9*.*&4$*L$?S*.*&K.#"0?
`P?)#(&51&'?."#(%)&N1$D#(&%L&7&D#5#&"1&C%L*(1X&0%5*D&K.#"0#&0#%&')%C&)#/#.#&?4?Q?51&(#
*/D*$181&'&-?9$%)P#(*D# 
:#D/#91C&51&(#4?'"*%&4%"%D&*'"%P(1&%9.#'"*&*&%"*+#%&51&(#&3%P*"1J&[&-?9$%)(*0&51
'"*C.#&81C%)#&)1'"&7&'14"1D9$#X&L#&51&"#5&C$#L&4#%&[&D#.%5&Y14?9.*<*X&0%5#&51&"#5(%&'"#.(%
4%D#C#.#&D#>#$'0?&4%'#L?&?&3%P*"1J?X&"%&51&*/#/)#.%&(%)?&/#9$*(?"%'"&e"#&8*V&P10#“&-#
(1Q1&:#D/#X&0#%&4$%.1"%'X&4%Q*&L#J1X&D%SL#&*&%41"&4$%"*)&8*V“&!&"%C#&'?&)1Q& &'14"1D9$#
$1+*.*&4%D%Q*&U)#(*+#&K.#"0%)*Q#&L#&(#9#)*&51L(?&.#>?X&#&4%"%D&'?&%L$1L*.*&L#&'1&J?L*
*&'"%0#&*/&!.#(%C&4$1)1L?&?&!"%(&*&L#&'1&"%&D1'"%&4%5#P#

!#&:#D/%D&51X&0#%&"?$'0*&P%)10X&L1.%)#%&*&V1$<1C&K.#"0%&`(&51&9*%&(#4#%&3%'$1L8*<?X&?
0%5?&91V?&?+.*&-?9$%)P#(*&'D#"$#5?Q*&51&9#$&'#LX&4%'.1&%4+"1C&'.%D#X&0#%&')%5?&_#0&'?&51
4%P1.*&*&?")$>*)#"*&]*V%)*&J?L*&%95#+8#)#.*&'?&:#D/*X&L#&51&0%L&K.#"0%)#&(#4#L#5#&4%
'$1L*&*.*&/#9?(#&*.*&/.#&)%J#&h?"*&(#&K.#"0#&%(*&'?&/#0J?P*.*&@&%0"%9$#X&L#&0(1/&?
B%(#)J?&'#/%)1&/9%$&*&L#&%95#)*&#0%&K.#"0%&*.*&81C%)*&J?L*&(#4#L(?&0%51&L?9$%)#P0%
D1'"%X&L#&%LD#V&*&%(*&(#4#L(?&K.#"0%)%&4%L$?P51 &R.*&L%0&'?&9$#Q#&K.#"0%)*Q*
(#'"#)J#.*&9%$9?&'&H?$<*D#&-?9$%)P#(*&'?&*D&4%$?P*)#.*X&L#&(1&)$+1&(*0#0%&(#4#L#51&*/
3%'$1L8*<1X&0#0%&%(*&(1&9*&'&"%C#&*D#.*&(14$*.*01&U/&*'"*V&D%"*)#&%L9*.*&'?&*&D%.9?
)%5)%L1&U)#(*+#X&L#&4%'$1L?5?&/#&8&0%L&:#D/#91C#X&(1C%&'?&D?&'#)1"%)#.*X&L#&'1&(14%'$1L(%
'#D&4%"P*(*&U)#(*+&'1&$1+*%&L#&D%.*&4$1C%)%$1X&4%+"%&51&?/#.?L&.*P(%&"$#S*%&4%D%Q*&*
%L&=#>#$#&*&%L&(%)%C&9%'#('0%C&0$#J# &!?."#(&51&'#D&4*'#%&4%"%D&(%)%D&V1$<1C%)#P0%D
'#(Z#0?X&:#D/#91C?X&L#&*/)*L*&51'?&.*&-?9$%)P#(*&0%L&-$*51)#&(#&T1$1")*&4%L*C.*&L%*'"#
0#0#)&C$#LX&4#&#0%&'?&"%&?P*(*.*&"?&*.*&(#&0%D&L$?C%D&D1'"?&(10#&"#5&C$#L&F$#'0*(1F 
Y#L*.%&'1&%&3%'$1L8*<*X&%&0%5%5&51&L%9*%&'?D8*)#&%9#)1+"18#&-?9$%)P#(*&'?&4%0?+#.*
')1X&L#&%P?)#5?&"%&D1'"%X&")$L1Q*&*&L%0#/?5?Q*&L#&'?&C#&4%L*C.*&(#&')%D&/1DJ*+"?&:#D/#91C
*D&51&"%&P#0&*&4%")$L*%&O1$&-?9$%)P#(*&'?&L%*'"#&*D#.*X&0#0%&/(#D%X&4*'D1(*V&4%")$L#&%
"%D1X&*#0%&(*'?&?'41.*&L#&"?&*&L%9*5?&'")#$(?&).#'"&R.*&51&*/#/)#(#&'?."#(%)#&4%L%/$*)%'"
D%C.#&9*"*&)$.%&%4#'(#&!?."#(?&51&9*.%&4$%"*)(%X&+"%&'1&"#D%&L*S?&C$#L%)*&(1&"%.*0%&$#L*
-?9$%)P#(#X&0%.*0%&$#L*&=#>#$#&*&L$?C*V&D%C?Q*V&'"$#(#<#&;%51Q*&'1&%4#'(%'"*&*&4$1"8#
-?9$%)P#(*&'?&(#5/#LX&2&N19$?#$#& 6X&L%(1.*&$1+181&L#&$#/%$1&3%'$1L8*<?X&4#&'?&"%
4%'.1&(1L1J?&L#(#&*&*/)$+*.*&=1'"%&'?&4%"%D&4%'1.*&=#>#$*X&0%5*&'?&4%L*C.*&(%)*&C$#L
B%+&-?9$%)P#(*&'?X&4%&"?$'0%D&/#V"1)?X&D%$#.*&4%$?+*"*&*&(10#&?")$>18#&(#&')%5%5
*'"%P(%5&C$#(*<*X&%0%&=%.?("# 
-?9$%)P#(*&'?&?%4+"1&9*.*&(#&D?<*&UD#"*&H?$01&0#%&'?'1L1&(#&<1.%5&.*(*5*&%0%&C$#L#&(*51
%91Q#)#.%&(*+"#&L%9$%&;#$&4%&"#L#+81D&8*V%)%D&'V)#"#8?&!&"%C#&'?&*&L#J1&"#5(%
4%D#C#.*&9$#Q?&K.#"0%)*Q1&S1.1Q*&*D&+"%&)*+1&?'41V#&T#$%P*"%&*D&51&9*.%&?&*("1$1'?&L#
K.#"0%)*Q*&L%9*5?&-$*51)%X&*#0%&51&"%&D1'"%X&/9%C&9.*/*(1&$#"*+"#&*&"?$'01&%4#'(%'"*X&9*.%
*/C?9*.%&')%5&'"#$*&/(#P#5&3%D#C#.*&'?&*D&*&L#&?")$L1&C$#L%)1&?&K$?J*<* 
B#L&'?&-?9$%)P#(*&(#4?+"#.*&?")$L1&3%'$1L8*<1&L%+#%&51&"#D%X&?&4$%.1Q1& 6X&*&V1$<1C
K.#"0%&.*P(%&`(&51&S1.1%&L#X&4%D%Q?&H?$#0#X&4%"*'(1&"#D%&K.#"0%)*Q1&*&?>1&'#D&?
(1$1")#('0?&%9.#'"&K.#"0%)*Q*&'?&9*.*&/(#"(%&4%"*'(?"*&[&L?9$%)#P0%D&!1(#"?&9*.%&51


 

 AA2
$1+1(%&,&D#5#X&L#&'1&4%+#J1&51L(#&8*V%)#&.#>#&?&T1$1")#('0?&B$#5*(?X&L#&4$*V)#"*
U)#(*+#&*&j#$0#X&#0%&L%>?&?&%4#'(%'"&3%D#C#.*&'?&?&*'"%&)$1D1&*&B#P*Q1X&0%5*&'?&*/
D#0#$'0%C&0$#5#&L%.#/*.*&?&4%D%Q&U)#(*+?&[&5?(?&U)#(*+&'1&'4$1D#%&L#&*L1&?&[C#$'0?X
')#0#0%&L#&4%(%)%&"$#S*&4%D%Q*X&#.*&D?&-?9$%)P#(*&(*'?&%L%9$*.*&4?"(*&"$%+#0 
K.#"0%&'#D&(*51&'1&*4#0&D%C#%&0%$*'"*"*&8*V%)%D&+"1"%D&]1C%)&4%'1L&%'"#%&51&*&L#J1
%C$#(*P1(&'#D%&(#&)$.%&?'0*&4%5#'&%L&T%)%C&L%&9.*/?&?+Q#&T1$1")1 &`P?)#(%&51&51L(%
*/)#($1L(%&/#(*DJ*)%&4*'D1(%&%95#+8181&*/D1>?&V1$<1C#&K.#"0#&*&j#$0#&K.#"0%)*Q#
:1$<1C&51&(#.#/*%X&L#&'?&'1&K.#"0%)*Q*&%C$1+*.*&%&81C#&*&81C%)?&0?Q?X&#&(1&%(&%&8*V&R.*&51
9*%&*4#0&)%J#(&/#&*/D*$181&3$*'"#5#%&51&L#&(1&L*$#&?&8*V%)1&9#+"*(1&*&L#&(1&*+"1&%L&8*V
(*+"#X&(#&+"%&9*&P#0&*D#%&(10%&4$#)%&F'#&')#0%D¯&4$#)L%D¯&*D#¨&9*V¯&4*"#"*&¨L¯&"191&ã%
'#D¯&*/L)%$*¨&*&/#ã%&'#D¯&'.?S9?&L#¨X&')1&ã%&1&/#4%)*L*¨&C%'4%L#$¯&)1.*0*i&*D#¨&9*V¯&'?
?/$%0%D&'*L¯&"191&*'0#"*&ã%&'#D¯&C%L¯&L#¨&?&V#$#P¯&*&?&91+01+¯F&H$#S*%&51&'#D%&(101
%+"1"1&/#&4.1(&F(#&C%'4%<0%D¯&D%$?&*&?&C%'4%<0%D¯&L$)?F *&L#&$#/$?+*&C$#LX&0%5*&51&4%P1%
4%L*/#"*&4$%"*)&81C# &`&0%D&'1&9#+&C$#L?&"?&C%)%$*&(*51&'*C?$(%X&51$&?&%)%&)$1D1
4%L*/#(%&*V&51&(10%.*0%X&)1Q*(%D&D#.*V
:#D/#91C&51&@&N19$?#$#& 6&$1+*%X&(#5/#LX&*&(%)P#(*&'4%$&*/D1>?&-?9$%)P#(#&*&9$#Q1
K.#"0#&*&!"514#(#&:1$<1C%)*Q#X&0%5*&'?&"$#S*.*&5%+&(10*V&777&L?0#"#&Y1+181&51&4#.%&?
0%$*'"&-?9$%)P#(#X&*&"%&4%"4?(%X&4%+"%&'?&L%0#/#.*&L#&'?&%(*&')1&4.#"*.*&T#&K.#"0%)?
+"1"?&4#.%&51&*&$1+181&?&4*"#8?&3%'$1L8*<1X&0%5#&51X&L%*'"#X&%L&AAA&C%L&9*.#
-?9$%)P#(*D#&%L&0$#J#&-?+#(#&(#P1.(%&4$*/(#"#X&#.*&0%5?&%(*&(*'?&*4#0&(*0#L&4$1&4%'1.*
0#%&'#')*D&')%5?&]?&51&K.#"0%&%)%C#&4?"#&?/#.?L&"$#S*%&/#&'191 &B#L&51&'?."#(&L%/(#%&/#
4$1'?L?&4*'#%&51&-?9$%)P#(*D#X&L#&'?&?&4$#)?X&#.*&L#&*4#0&L#L?&K.#"0?&777&L?0#"#&R.*&51
(#$%P*"%&"$#S*%X&L#&(*0#0%&)*+1&(1&4?+"#5?&?&C$#L&j#$0#&K.#"0%)*Q#X&'&0%5*D&51&K.#"0%
%'"#%&?&J?"%5&%D$#/*X&*&L#&C#&(1&4%D#S?X&F#0%&Q1"1&L#&(1'"1&?&C()?&%L¯&<#$¯'")#&D*F

U&L%*'"#X&-?9$%)P#(*&'?&'#%4+"*.*&j#$0?X&4%&/#0J?P0?&%L&&'14"1D9$#& 6X&L#&(1
L%.#/*&?&-?9$%)(*0&L%&(%)1&4%$?01&3%"%D&'?X&2&(%)1D9$#X&$1+*.*&L#&?0.%(1&*/&!"%(#&*
H$'"1(*<1&')1&j#$0%)1&J?L1&:1$<1C&K.#"0%&%L$S#)#%&51&(#&%0%&L%9$1&)1/1&'&-?9$%)P#(*D#X
#.**D&(*51&)1$%)#%X&*&(#$%P*"%&*V&51&0%$*%&+"%&4%D#S?&K.#"0%)*Q1 &`(&51&,&L1<1D9$#
 6&4*'#%&=.1P#(*D#X&0#0%&51&U)#(*+&%"*+#%X&L#&L%)1L1&9%'#('0%C&0$#J#&?&5?S(1&%9.#'"*X
*&0#0%&'?&D?&"%&'#)1"%)#.*&-?9$%)P#(*&`(&51&j#$0#&'"#.(%&%/(#P#)#%&0#%&')%C&%LD1"(*0#X&#
=.1P#(*D#&C#&51&%4"?S*)#%&0#%&4$*5#"1J#&=#>#$# &U4#0&51&(#&0$#5?&4%4?'"*%&*&%(
3%'$1L%)#81D&-?9$%)P#(#&L%+.%&51&?&D#5?& 6A&L%&*/D*$18#&**/D1>?&"1&L)1&J?"%&/#)#>1(1
4%$%L*<1&B#L&51&4%P1"0%D&5?.#&4#%&*&C$#L&K*'?Q*&V1$<1C&51&4%'"#%&D(%C%&D10+*&[
-?9$%)(*0?&51&A&"%C#&D1'1<#&4$*DJ1(#&81C%)#&4%(?L#X&L#&'1&L#L1&')1P#(#&?/#5#D(#&/#0.1")#
/#&%L$S#)#81&D*$#&T#&"%&51X&&#)C?'"#X&$1+1(%&%95#)*"*&D*$&'&V1$<1C%D&4%&<1.%D
L?9$%)#P0%D&4%L$?P5?X&L#&"%&'#/(#&*&%'"#.%&'?'1L'")%
M%L& 6A&0(1/&!"514#(&:1$<1C%)*Q&4%D*81&'1&4%'.1L8*&4?"&0#%&V$*+Q#(*(&UD#%&51&"#L
'1L#D(#1'"&C%L*(#&=#.%&4%"%D&%(&'1&$#/*+#%&'&9$#"%D&K.#"0%DX&/9%C&4%L1.1&%P1)*(1X&*
%"*+#%&51&(#&3%$"?&K1Q& &'14"1D9$#& 6 &5#)J#&'1&%(&0#%&D?'.*D#(&RVD1"&M.&f.1/%)*Q
'#%4+"#)#X&L#&51&)1Q&"1&C%L*(1&?P1'")%)#%&4$*&%4'#L*&!0#L$#&0#%&'?."#(%)&/#'"#)(*0
!#D&'?."#(&/#?/1%&'1&/#&8&?&-?9$%)(*0?&*&4%'.#%&"#D%&0$#51D&"1&C%L*(1&')%C&.%C%N1"#
U9$#V*D#X&L#&L%(1'1&08*C1&*&L%0?D1("1X&0#0%&9*&'1&D.#L*&4$*(<&D%C#%&?)1$*"*&+"#&51&9*.%&'
81C%)*D&L1.%D&%P1)*(1X&0%5*&D?&51X&?&L%9$%5&D1$*X&4%"$%+*%&'"#$*5*&9$#"&U9$#V*D&51&*D#%
L#&L%(1'1&'?."#(?&*&4$*V%L1&%L&9#+"*(1&3#).%)*Q#X&0%5#&'1&(#.#/*.#&?&-?9$%)(*0?X&#&%L&0%51
<#$'0#&V#/(#&%L& ,A&C%L&(*51&L%9*.#&(*&51L(?&#'4$?&=%SL#&51&*&(#&"%&?4%/%$*%&?
d#$*C$#L?&D.#L*&V1$<1C%)#P0*&4$*(<!1D&"%C#&H?$<*&'?&*/&d#$*C$#L#& 6 &C%L&"$#S*.*
%9#)1+"181&*&%&0?Q*&*&4%'1L*D#&V1$<1C#&:$)%5#X&0%5*&'?&'1&(#.#/*.*&?&-?9$%)(*0?
T#&'1)1$(%5&'"$#(*X&?&(14%'$1L(%D&'?'1L'")?&;%'(1X&H?$<*&'?&?P)$+Q*)#.*&e#9#<&(#&!#)*&*
L?(#)'0?&.*(*5?&[&51'1(& 6&*& 6&9%'#('0*&(#D1'(*0&R5#/91C&4$%)#J*)#%&51&?
:$)#"'0?X&!.%)1(#P0?&*&U'"$?&*&?C$#9*%&51&)1.*0&4.1(&F;%'(#&51&/L$#)#FX&0#S1X&D1>?"*DX


 

 AA,
51L#(&*/)1+"#P&*/&%)1&L$?C1&C%L*(1
;%'#('0*&0$#J&T*0%.#&"$#S*%&51&/#&"%&)$1D1&L%L*$#&'#&'?'1L*D#&O1L#(&81C%)&4%'.#(*0&*+#%
51&0$#51D& 6&C%L&V1$<1C?&K.#"0?&*&U)#(?&d$(%51)*Q?&'*C?$(%&'&(#D1$%DX&L#&*V&4$*L%9*51
/#&'#$#L8?&R.*&51&4%V%L&%'"#%&91/&$1/?."#"#
`L&4%P1"0#& 6 &C%L&V1$<1C&K.#"0%X&/#9$*(?"&*&(1'*C?$#(X&"$#S*%&51&(%)%C&L%L*$#&'#
/#4#L%D&[&5#(?#$?X&%LD#V&*/#&(%)1&C%L*(1X&'4$1D#%&'1&(#&4?"&?&R4?.*5?X&#.*&D?&-?9$%)P#(*
(*'?&L#.*&.#>1&3%D#C#.*&'?&C#X&D1>?"*DX&%L& 6A2&C%L&(#&)*+1&(#P*(#X&0#L&51&C$#L*%&<$0)?
?&T%)%D&`(&'1&"#L#&91+1&%S1(*%&4%&L$?C*&4?"&=#$C#$*"%DX&?(?0%D&0$#J#&R.N%(/#&aX&0%5#
51&4%"10.#&*/&9$#0#&81C%)1&?"*<#5(1&(1/#0%(*"1&0Q1$*X&L%(1&b1%(%$1&H*D&9$#0%D&L%9*%&51
(1+"%&)1/#&'#&4$)*D&"#.*5#('0*D&4%$%L*<#D#&3%D%Q?&8*V&*&4#4'01&0?$*51X&0%5#&C#&51
4$*V)#"*.#X&%(&51&4%0?+#)#%&L#&%41"&/#*("1$1'?51&/#4#L(*&')1"&/#&'?L9*(?&9#.0#('0*V
V$*+Q#(#&*&9%$9?&4$%"*)&H?$#0#&:$#9$#&%L9$#(#&!0#L$#& 6 &C%L&%S*)1.#&51&4%(%)%
*/)1'(1&(#L1X&#&(#&K.#"0#&51&?"*<#.#&*&$#(*5#&'#$#L8#&*/D1>?&!01(L1$91C#&*&U)#(#
d$(%51)*Q#&R.*&D(%C%&?'41V#&%L&"1&#0<*51&(*51&9*.%i&'?L9*(%D&;#.0#(#&%L.?P*)#.*&'?
'?)1$1(%&H?$<*&*&8*V%)&1(1$C*P(*&'?."#(&=1VD1L&`')#5#P&`)1&9%$91&9*.1&'?&'#D%&14*/%L1X
0%51&(*'?&D%C.1&*/D1(*"*&%4+"*&"%0&'")#$*&[&;%'(*&H?$<*&'?&'1&%'1Q#.*&4%"4?(%&'*C?$(*
K1Q&?&.1"%& 62&'?."#(&51&4%'.#%&?&8?&51L(%C&')%C&P%)10#X&L#&*/)$+*&4$)*&'.?S91(*&4%4*'
R&%'"#.1&"?$'01&).#'"*X&0#%&4%"4?(*&C%'4%L#$*X&)%L*.1&'?&91/&*D#.%&(1$)%/1&')1&L$?C1
L$S#)(1&4%'.%)1
U&=#>#$*&'?&4%(%)%&?+.*&?&$#"&'&H?$<*D#X&4%+"%&'?& 6 &C%L&'&4%91L%D&/#)$+*.*&')%51
9%$91&'&_1'*D#&*&3%J#<*D#&!&51'1(*& 62&L%+#%&51&0$#J&=#"*5#&4%L&e#9#<&*&4%'.1&%4'#L1
%L&(10%.*0%&(1L1J#&/#?/1&C#&7&N19$?#$#& 6,&`L#".1&51&0$#J&?4?"*%&D.#L%C&'$4'0%C
5?(#0#X&(%)%C&L1'4%"#&K?0#&;$#(0%)*Q#X&\D#5`C81(%C&K?0#X&L#&'&(1+"%&)%5'01&4$%L$1&L%
!$19$1(*<1&*&4%V#$#&"#5&0$#5&H%&51&*D#%&9*"*&)*+1&51L#(&#)#("?$*'"*P0*&/#.1"&(1C%&4$#)%
%')#5#81&B$1Q?Q*&'1&(%Q?X&0$*+%DX&*&L$S1Q*&'1&+?D#X&K?0&51&*+#%&/#&"*D&L#&*/(1(#L*
H?$01&U/#9$#%&51&27&')%5*V&J?L*X&4$1%9?0#%&*V&?&"?$'0#&%L1.#X&*&?4?"*%&*V&?&C$#LX&?&0%D&'1
9#+&"%C#&L#(#&L$S#%&)#+#$X&L#&?&4%"$19(%D&P#'?&*/#/%)?&/#9?(?&*&D1"1S&B#L&51&L1'4%"&?4#%
?&%")%$1(&C$#L&(#'"#.%&51&D1>?&H?$<*D#&4$#)%&/#4$14#+Q181&3.1(&51&9*%&%C$%D#(&41"
"%)#$#&'$19$#&*&6777&#'4$*&4#.%&51&?&V$*+Q#('01&$?01&'1D&L$?C*V&'")#$*&`L#".1&51&L1'4%"
4$%)#.*%&L%&B?+.#"#X&4#X&4%+"%&C#&51&4%V#$#%X&?L#$*&(#&4%)$#"0?&(#&\)%$(*0&H?&51&9*%
$#81(&?&(%C?X&4#&51&4$10*(?%&L#J?&9%$9?&[/&4?"&51&')1&%4.1(*%X&4%4#.*%&*&%4?'"%+*%
Y#"&51&4%'.1&4$%L?S1(X&#.*&(#&L?(#)'0%5&.*(*5*X&CL1&'?&H?$<*&9*.*&'4$1D*.*&'(#S#(&%"4%$
[&-?9$%)(*0?&).#L#.#&51&"%0%D&<1.1& 62&C%L&)1.*0#&?/(1D*$1(%'"&;%5#.*&'?&'1&')1C#
:1$<1C?&K.#"0?&(*'?&4%P1"0%D&'14"1D9$#&L%/)%.*.*X&L#&81C%)*&J?L*&4$1>?&4$10%&!"%(#X
*#0%&'?&*(#P1&'&8*D&%L$S#)#.*&*'4$#)(1&)1/1&H#0%&'?&D?X&(#&4$*D1$X&,&%0"%9$#&$1+*.*
P1'"*"#"*&*&L#$*)#"*&4$)1(<#&'*(#&U'"%&'?&"#0%&9*.*&?/L$S#(*&*&4$1D#&K.#"0%)*Q*D#&[
(%)1D9$?&D1'1<?&*/L#"#&51&(#$1L9#X&L#&'1&J?L*&H#L*51&K.#"0%)*Q#&(1&'D15?&(#.#/*"*&?
L?9$%)#P0*D&D1'"*D#&(#&!"%(?X&0%5*&'1&L%9$%&P?)#%&*&?")$>*)#%
[&(%)1D9$?& 6,&'"*C.*&'?&?&=.1"01&*/#'.#(*<*&0$#J#&=#"*51X&!"1)#(&O#0+*Q&*&9?L*D'0*
.10#$&=*V#*.%X&L#&4%(%)%&4%(?L1&'#)1/&4$%"*)&H?$#0#&=.1P#(*&'?&*V&A&(%)1D9$#&?4?"*.*
(#54$1&(#&4#4'0?&0?$*5?X&4#&0#L&%"?L&L%>?&'&%LC%)%$%D&D%Q*&Q1&4%P1"*&4$1C%)%$*&*&?
=.1<*D# 
!?."#(X&0%5*&51&9*%&%9#)1+"1(&L#&D#>#$'0?&)%5'0?&)%L*&.*P(%&0$#J&=#"*5#X&4%(?L*&4$*D*$51
/#&'1L#D&L%&L)#(#1'"&C%L*(#X&"$#S1Q*&/#&H?$01&'.%9%L#(&4$%.#/&0$%/&:$)#"'0?&*&'.%9%L(1
$?01&?&-#.D#<*5*&B$#J&=#"*5#&(*51&4$*'"#%&(#&"1&?'.%)1&\#&)$1D1&%)*V&#0<*5#&4%(?L*%&'1
F0$#JF&=#"*5#&e#9#(P*Q&D#>#$'0%D&0$#J?&L#&9*&4$*'"#%&?/#&8&R.*&'?&/#&81C%)1&4$1C%)%$1
'#/(#.*&H?$<*&*&(#4#.*&'?&(101&81C%)1&C$#L%)1&=#>#$'0*&0$#J&4$*V)#"*%&51X&D1>?"*DX
81C%)?&4%(?L?&*&4%'.#%&51&51L(%&')%51&%L1J181X&L#&L%>1&?&)1/?&'&0$#J1D&K%L*.*&'?&C#
0#.%P0*&(#L9*'0?4&*&!"1)#(&;#"%$&B$#51D&5?(#& 6,&=#>#$*&'?&$#/9*.*&H?$01&(1CL1&?
;%'(*&*&'4#'.*&=#"*5?
&H?$<*&'?&D1>?"*D&*D#.*&(#&$#'4%.%S18?&5%+&51L(%C&0#(L*L#"#


 

 AA6
/#&9%'#('0*&4$1'"%&[&8*V%)*D&$?0#D#&(#.#/*%&'1&D.#L*&9%'#('0*&0$#J1)*Q&!*C*'D?(LX&'*(
0$#J#&H%D#+#X&0%5*&51&0#%&L1"1&%L&'1L#D&C%L*(#&9*%& ,A&C%L&/#$%9J1(&?&;%'(*&[&%)%
)$1D1&%(&51&9*%&D.#L*Q&%L&7&C%L*(#&=#5<*&81C%)%5&B#"#$*(*X&0%5#&51&S*)1.#&?&Y*D?&%
"$%+0?&4#4'01&0?$*51X&(*51X&4%$1L&')*V&(#'"%5#8#X&4%+.%&/#&$?0%D&L#&C#&%'.%9%L*&=.#L*Q
'1X&'&L$?C*D&9#.0#('0*D&4$*(P1)*D#X&(#.#/*%&(#&L)%$?&*&9*%&51&?&)1.*0%5&D*.%'"*&0%L
'?."#(#&UD#&P#0&)1'"*X&L#&51X&*C$#5?Q*&"#9.1&'#&=1VD1L%D&IIX&L%/)%J#)#%&'19*&L%'"#&'.%9%L1
*&L#&'1&'?."#(&(#&"%&'.#"0%&'D15#%&R.*&*4#0&C#&(*51&V"1%&4%'.#"*&(#&?4$#)?&;%'(1&;%5#%&'1X
)1$%)#"(%X&L#&D.#L*&P%)10&(1&4%P(1&"#D%&4%.*"*0?&(#&')%5?&$?0?&=.#L*&!*C*'D?(L&51&4%'.1
4$1+#%&(#&*'.#DX&L%9*%&*D1&U'#0X&*&4%'"#%&'#(Z#091C&B#$#'*&?&=#.%5&R/*5*&`L$S#)#%&51
'$L#P(1&)1/1&'#&RVD1"%DX&4%"?$P1(*D&'*(%D&V1$<1C#&!"514#(# &`)#5&C#&51X&)1$%)#"(%X
4$14%$?P*)#%&*&0%L&'?."#(#&=1VD1L#&*&0%L&81C%)*V&(#'.1L(*0#&RVD1"&51X&*(#P1X&0%L
'?."#(#&'"#.(%&L*/#%&"?S91&4$%"*)&-?9$%)P#(#&*&=1VD1L&II&51&5%+& 66&C%L&?&*D1&81C%)%
"$#S*%&%L&Y14?9.*01&L#&D?&'1&*'4.#"*&@777&L?0#"#X&#0%&(#&8*V&*D#&4$#)% 
\#?/1"&*&'?)*+1&(#&/#4#L?&0$#J&=#"*5#&(*51&D%C#%&4%')1"*"*&)*+1&4#S81&"?$'0%D&4*"#8?
]1C#&51&')1&)*+1&%')#5#.%&9%$91(%&"#0D*P181&'#&<#$1D&o$*L$*V%D&IIIX&0%51&C#&51&(#54%'.1
?P*(*.%&C%'4%L#$1D&;1P#&`(&51&P#0&*'4?(*%&*&$#(*5?&S1J?&=1VD1L#&II&*&L%/)%.*%&D?&51X&L#
4$10%&?C#$'0%C&*&V$)#"'0%C&4%L$?P5#&)$+*&?4#L1&?&#?'"$*'01&%9.#'"*&-#&"%&(*51&D%C.%
4$%Q*&91/&'?0%9#&'&H?$<*D#&*&(#&81C%)%D&4%L$?P5?&$#/?D1&'1&'#D%&4%&'19*&H#0#)&51&'.?P#5
9*%X&4$*D1$#&$#L*X& @7&C%L&;%'#('0*&(#D1'(*0&-#?"4#+#&4$%)#.*%&51&?&e"#51$'0?X&#.*&51
(#&4%)$#"0?&%4?'"%+*%&*&'?'1L(1&?C#$'01&%9.#'"*&_#0&8*V&)*+1&(1C%&#?'"$*'01&B$#J
=#"*5#&51&9*%&*/&4%P1"0#&)%J#(&L#&4$*D*&*/)*(?&*&(#0(#L?&+"1"1&*&?4?"*%&51&51L(%C&')%C
4%'.#(*0#&(#&4$1C%)%$1&?&O#5<1&B#L&H?$<*&'"#L%+1&L#&*/)$L#)#5?&%(&'1&%L.?P*&L#&0#/(*
4#+?&3%P1"0%D&(%)1D9$#&4$1+.#&51&81C%)#&)%5'0#&!#)?&*&91/&"1+0%Q#&'"*C.#&L%&M$191(#
9.*/?&O#5<#&3$1&"%C#&51&51L#(&%L$1L&0%8*<1&%L&A 777&J?L*X&4%L&)%>'")%D&L1'4%"#&K?0#
;$#(0%)*Q#X&5#5#P0%C&9#(#&31"$#&-%<*5#&E4%4?.#$(%C&-%5P*(31"$#G&*&V$)#"'0%'.#)%('0%C
9#(#&b#L*'.#)#&fC1$)#$*#X&0$1(?%&9$/*D&/#.1"%D&4$1D#&K$V9%'(*&U/(1(#>1(*&H?$<*
4%).#P*.*&'?&'1&*'4$1L&8*V&?&4.#(*(1X&(1&'D15?Q*&L#&'1&?4?'"1&?&9%$9?&=#>#$'0#&)%5'0#
4$%L$.#&51&?&!#$#51)%&*&"$*&C#&51&L#(#&V#$#.#&3%'.1&4$)%C&'"$#V#X&H?$<*&'?&'1&4$*9$#.*&*
%$C#(*/%)#.*&%"4%$&T#$%P*"%&'?&9*.1&%C%$P1(1&9%$91&4$*&4%)$#"0?&D#>#$'01&)%5'01&%0%
b#+)1&*&0%L&H$#)(*0#&B$#J&=#"*5#&5#)J#%&51&4#4*X&4%&')%5&4$*.*<*&4$1"1$#(%X&L#&51&?&51L(%5
%L&"*V&9%$9*&4#.%&F)*+1&(1C%&7777&H?$#0#&*&L%D#Q*VF&H#5&/#.1"&"$#5#%&51&')1C#&+1'"
L#(#&*&(*51X&(#$#)(%X&*/D1(*%&(*+"#&'")#$(%&?&%9%'"$#(*D&4%.%S#5*D#i&%L&81C#&51&'#D%
(#'"$#L#.%&'"#(%)(*+")%&'$1L*+81&;%'(1&`&"%5&#)#("?$*&'#P?)#.#&'1&*&51L(#&41'D#X&4$)#
?D1"(*P0#&41'D#&51L(%C&D?'.*D#(#&(#&'$4'0%D&51/*0?X&0%5#&'1&4$*4*'?51&4%4?.#$(%D&R5)#/
L1L*&B$#J&=#"*5#&V)#.*%&'1&0$#51D&"1&C%L*(1&4#4*X&0#0%&'?&D?&'1X&4%'.1&%)*V&?'41V#X
4$*L$?S*.*&D(%C*&FK.#'*F&*/&'?'1L'")#&;%'(1&*&J?L*&'#&T1$1")1
\#&"%&)$1D1&H?$<*&'?&'1&9*.*&4%"4?(%&'$1L*.*&?&:1$<1C%)*(*&`(*&'?&*D#.*&')%51&)%5)%L1
*.*&'?9#+1&?&=%'"#$?X&;.#C#5?X&T1)1'*8?X&H$19*8?X&d1$(*<*X&;#8#(*D#i&L*/L#$1&?
3%P*"1J?&*&`'"$%C?i&0#L*51&?&o%P*X&;.#C#5?&*&H$19*8?&]*V%)*&C.#)(*&'#$#L(*<*&9*.*&'?
D#V%D&!$9*X&0%5*&'1&5#)J#5?&?&-?9$%)(*0?&0#%&8*V%)*&4%'.#(*<*X&4%'$1L(*<*&*&4*'#$*
[4%"$19J#)#.*&'?&*V&H?$<*&*&4%"?$P18#<*&0#%&'$%L(*01&*&4$*'"#.*<1&*&0#%&4$%"*)(*01
0#"%.*P0*V&'*.#X&=#>#$#X&=.1P#(#&*&T#4?J#<#&H?$<*&?&?(?"$#+8%'"*&4?+"#5?&'&"%C#
(10%.*0%&'$4'0*V&)%5)%L#X&0#%&31"$#&!"514#(%)*Q#&*&K?0*Q#&:$#9$1(#X&L#&'.%9%L(%&S*)1&*
?4$#)J#5?&?&')%5*D&D#.*D&%9.#'"*D#&B$#51D& 6,&C%L&H?$<*&'?&P#0&L#.*&(#&?4$#)?&!$9*(?
:1$#0?&K$#(1+?X&9*)+1D&'#$#L(*0?&:#D/#91C%)%DX&H$19*81&*&3%4%)%&U&(#4$1L%)#.*
'?&'"#.(%&!$1L*(%D&5?(#& 66&?/1.*&'?&B.%9?0&*&?C$%S#)#.*&3$*D%$51&[&'"$#V?
-?9$%)P#(*&'?&?&51'1(&/#9$#(*.*&L)#L1'1"%$*<*&4.1D*Q#&*/&3%J*<#X&0%5*&'?&L%+.*&(#
')#L9?&0Q1$*&)%5)%L1&U)#(*+#&K.#"0%)*Q#X&L#&4$1(%Q1&?&!"%(?&;%5#.*&'?&'1&*&')%51&'1(*&U
'"#.(%&'1&?")$>*)#.*&[&!1(#"?&$1+*.*&'?&6&%0"%9$#&L#&%LC%)%$1&V1$<1$?&K.#"0?X&F &
‚ &È&& F&;#.+*X&'*(?&K.#L*'.#)#&:1$<1C%)*Q#X&(*'?&L#.*&(*&L#&?>1&?
C$#L&3#&*4#0&?D#.%&(1&(#'"$#L#+1


 

 AA@
!?."#(&=1VD1L&91+1&'1&$1+*%&*&*/L#%&/#4%)1'"X&L#&L?9$%)#P0#&%9.#'"&F9?L1&4%L$?P(#
'#(P#091C¨D&D%*DF&-?9$%)P#(*&'?&'1&'4#'.*&"1&(1)%J1&4%)*+181D&L#(0#X&#.*&(1&4%"4?(%
:1$<1C%)#P0*&(#D1'(*0&R5#/91C&91+1X&4%&4$*D1$?&')%C&9%'#('0%C&L$?C#X&4$%)#.*%&?
'?'1L'0%&/1DJ*+"1&*&4%4.1(*%&B%(#)J1&3%'19(%&L?9$%)#P0%&4%'.#('")%&(#&3%$"*
*/$#L*.%&51&4%+"1L?X&#.*&?/&%'1"(1&D#"1$*#.(1&S$")1&O1L(%&%L&4%'.1L8*V&4*'#D#
'?."#(%)*VX&%L&A7&(%)1D9$#& @7X&L%(%'*&F4%")$¯SL1(*51X&ã%&)â&51&<#$'")%&D*&4%")$¯L*.%
L$¯S#)?&0%Û&L$¯S*"1&*&).#L#(*51&*&.ÛL1F
[&4$%.1Q1& @X&2&D#5#X&?D$%&51&'*.(*&=1VD1L&II&`')#5#PX&?(*+"*"1J&'.%9%L1&K*/#("*51X
!$9*51&*&;%'(1X&*&'"$#V&*&"$141"&<1.1&'$1L81&f)$%41&[&51L#(&D#V&P*(*.%&'1X&L#&Q1&?&H?$'0%5
9%$91&%0%&4$1'"%.#&%'.#9*"*&'(#C?&d#$1)*(1&*&*/#/)#"*&D%SL#&)1Q1&4%"$1'1&?&8%5X&#.*&'1&"1
(#L1&4%0#/#+1&?9$/%&0#%&"#+"1&;#5#/*"&II&%'"#L1&4%91L*.#<&*&(#'"#)*&'&?'41V%DX&*#0%&91/
=1VD1L%)#&#?"%$*"1"#X&4%P1"%&L1.%&:$*+Q#(*&'?&9*.*&(1'4%'%9(*&/#&)1Q1&4%L)*C1&[
U"#.*5*&51& 6@&C%L&91'(1%&D1>?'%9(*&$#"&!#D&4#4#&!*0'"%&Ia&9%$*%&'1&4$%"*)&=1L*Q#&*
o5%$1("*(#<#X&*#0%&'?&H?$<*& 6@&C%L&5?$*.*&4%&D.1"#P0%5&$#)(*<*&H10&?&D#$"?& @7
'0.%4*%&51&P?)1(*&b%$1(<%&=1L*Q*&D*$&'&o1$L*(#(L%D&T#4?J'0*D&R&9#+&"1&C%L*(1X&?
.1"%X&H?$<*&?/1+1&`"$#("%&*&/#0%$#P*+1&?&U"#.*5?&!#D*&'?&*D&=.1P#(*&*+.*&(#&$?0?X&51$
'?&9*.*&4$%"*)&"%C&D*$#&!D$"&=1VD1L%)#&L%(1.#&51&"#D%&'#D%&4$*)$1D1(%&%.#0+#81X&#.*&(1
*&%"$1S8181&O1$&C$#>#('0*&$#"&?&U"#.*5*&(#'"#)J1(&51&'#&'"#$%D&'"$#+Q?&)1Q&*L?Q1
C%L*(1
;#5#/*"&51&?&4$)%D&$1L?&.*0)*L*$#%&4*"#81&%'"#"#0#&:1$<1C%)*(1&:1$<1C&K.#"0%&9*%&'1X
*/C.1L#X&/#D1$*%&H?$<*D#&0#L&'?&%)*&/#?/1.*&`"$#("%&?&5?S(%5&U"#.*5*X&*&"*D&?C$%/*.*
81C%)#&(%)%C&/#+"*"(*0#X&(#4?J'0%C&C%'4%L#$#&o1$L*(#(L#&=#>#$'0%&4$%L*$#81&L%
!#$#51)#&*&"?$'01&D1>?'%9*<1&4%'.1&'D$"*&'?."#(#&=1VD1L#&L#L%+1&(#L1&K.#"0?X&L#&9*
D%C#%&4%4$#)*"*&')%5&4%.%S#5&U/&;%'(1&'?&C#&4%/*)#.*X&L#&*V&%'.%9%L*&[&4$%.1Q1& @X&0#L
51&*&T*0%.#&-?0#>*(&0$1(?%&#0<*5?&?&R.9#(*5*X&?4#%&51&*&K.#"0%&?&;%'(?&R.*X&%'#DJ1(X&(*51
D%C#%&%L%.1"*&H?$<*D#&-#?"4#+#&C#&51&?&5?(?&"#0%&$#/9*%X&L#&'1&%(&51L)#X&'&%'"#<*D#&)%5'01X
'4#'#%&*&/#")%$*%&?&T%)* &-?9$%)P#(*&'?&D?&D(%C%&/#D1$#.*&+"%&51&"#5&4%0$1"&)%L*%&91/
4$1"V%L(*V&'#)1"%)#8#&*&91/&'"#$*V&)1/#&B$#J&=#"*5#X&0%C#&51&%(&%9#)1'"*%&%&')%D&4%L)*C?X
V"1%&D?&51&4%D%Q*X&#.*&)%5'0?&(*51&?4?"*%&?&L#.10?&:1$<1C%)*(?&(1C%&?&!$9*5?&3%'.#%&51
'#D%&?&T%)*&51L(?&P1"?&D#>#$'0*V&)%5(*0#X&L#&'1&(#>?&V1$<1C?&?&(1)%J*i&#&0$#J&o1$L*(#(L
4%'.#%&51&(10%.*01&')%51&.#>1&-$?C1&4%D%Q*&(*51&9*.%&(*%"0?L
H?$'0%&%4'1L#81&T%)%C&4%P1.%&51&L$?C%5&4%.%)*(*&(%)1D9$#& @&H#L#&'?&?&-?9$%)(*0?
)1Q#.*X&L#&4%/L$#)1&"?$'0%C&/#4%)1L(*0#&R5#/91C#X&0%5*&51&*D#%&L#&%L1&4%L&"#5&C$#L&[
-?9$%)(*0?&'?&&L1<1D9$#&%L9*.*&(101&/#V"1)1&R5#/%)1X&0%51&51&L%(1%&81C%)&4%'.#(*0
=*.*)%5&=*0%P1)*Q&3%L&T%)*D&(#.#/*.1&'?&'1&C#.*51&0$#J#&o1$L*(#(L#X&'&0%5*D#&'?
-?9$%)P#(*&9*.*&?&)1/*&3%&S1J*&0$#J#&=#"*51&%(*&'?&L%"?$*.*&*&(1+"%&$#"(%C&D#"1$*#.#
D#>#$'0*D&4%'#L#D#&?&T%)%D&*&B%+?&!#D%D&K.#"0?&(*'?&D%C.*&D(%C%&4%D%Q*&F-#)#.*&'?
D?&L%9$1&$1P*&/#&L%9$1&$1P*FX&0#0%&)1.1&%(*&'#D*

:1$<1C%)#P0*&(#D1'(*0&R5#/4#+#&4%"?S*%&'1&(%)%D&'?."#(?&;#5#/*"?&IIX&L#&-?9$%)P#(*
4%D#S?&V1$<1C?&*&=#>#$*D#&?&T%)%D&T#&"%&51&'?."#(&6&L1<1D9$#& @&?4?"*%&4*'D%
Y14?9.*<*X&?&0%D&*D&51&4$19#<*)#%&L#&L#5?&=#>#$*D#&V$#(?&*&L$?C1&4%"$191&*&L#&*D&L%"?$#5?
)1'"*X&*&/#4$1"*%&*D&51&L#&Q1&4$10*(?"*&'&8*D#&D*$X&#0%&"#0%&9?L?&*&L#J1&4%'"?4#.* 
3%D%Q*&T%)%D&9*.%&51&?%4+"1&0#'(%&H?$'0#&)%5'0#X&0%5#&51&L$S#.#&')?&:1$<1C%)*(?X&%4'1.#
51&"#5&C$#L&'&0%4(#&*&%(1D%C?Q#)#.#&D?&)1/1&(#&"%5&'"$#(*&[&-?9$%)(*0&51&4%P1"0%D&(%)1D9$#
'"*C#%&0(*('0*&9*'0?4&T*0%.#&0#%&*/#'.#(*0&D#>#$'0%C&0$#J#X&L#&9*&L%+#%&?&)1/?&'
V1$<1C%D&*&L#&9*&*/)*L*%&'"#81&*&4%.%S#5&D#>#$'0*V&4%'#L#&?&T%)%D&*&B%+?&H?&51&%(X&(#
b%0$?D?X&"#5(%&4$1C%)#$#%&'&J?L*D#&Y14?9.*01X&'&4%)1$1(*<*D#&V1$<1C%)*DX&*'#&9$#"'")%D
B#P*Q#X&0%5*&'?&'1&'&=#>#$*D#&/#51L(%&*("1$1'%)#.*&/#&'?L9*(?&'?'1L(%C&*D&C$#L#&B%+#
B$#51D&5#(?#$#& @&'?L9*(#&T%)%C&9*.#&51&$1+1(#&[&L?9$%)#P0%D&'1(#"?&)1Q#.%&'1&@
5#(?#$#&%&%LC%)%$?&0%5*&'1&*D#%&L#"*&)%5)%L*&o1$V#"?X&*/#'.#(*0?&R5#/4#+*(%D&T%)*&51


 

 AA
9*%&4#%&*&o1$V#"&51&"$#S*%&"$*&9#$01X&L#&9*&'1&?&8*D#&4$1)1/.*&%(*&=#>#$*X&0%5*&'?&4$1L#.*
C$#L &:1$<1C&K.#"0%&'0.%(*%&'1&*/&C$#L#&$#(*51&;$%5&D#>#$'0*V&9$#(*.#<#&(*51&9*%
)1.*0*X&0#L&51&D%C#%&'"#"*&?&"$*&9#$01&`P1)*L(%&51&L#&'1&4%'#L#&4$1L#.#&D*$(%X&51$&*D&H?$<*
(1&9*&*(#P1&L#.*&'.%9%L#(&4$%.#/X&(*"*&9*&'1&9$*(?.*&%&8*V%)%D&'4$%)%>18?&3%'.1L81C
L#(#&5#(?#$#&'"*C.*&'?&"*&=#>#$*&?&-?9$%)(*0X&%L#0.1&*V&51&Y14?9.*0#&%4$1D*.#&L#J1
H#0%&51X&'&4#L%D&T%)%CX&4#%&*&4%'.1L8*&'.%9%L(*&C$#L&'"#$1&9%'#('01&L$S#)1&!)?&/1DJ?
4$*"*'.*&'?&H?$<*X&'1D&L)#"$*&D#.#&C$#L#&(#&?+Q?&T1$1")1&*&'1D&'1)1$(*V&9#(%)*(#X
5#5#P01&*&'$19$1(*P01&R.*&*&"1&(*'?&)*+1&9*.1&?&).#'"*&9%'#('0*V&C%'4%L#$#X&(1C%
D#>#$'0*V&'?'1L#X&0%5*&'?&*V&L$S#.*&0#%&9#'"*%(1&/#&')%5?&'*C?$(%'"&;%'#('0#&*
V1$<1C%)#P0#&L$S#)#&?C#'*.1&'?&'1&4%"4?(%X&L#&'1&0#%&"#0)1&)*+1&(*0#L&(1&%9(%)1
:1$<1C%)*Q*&'?&/#)$+*.*&S*)%"&?&"?>*(*X&(1&)$+1Q*&)*+1&(*0#0#)&?"*<#5&?&')%5%5
%"#Z9*(*&K.#"0%&'1&"%0%D& @2&C%L&5#)J#%&?&3$*D%$5?&'#&K.#"0%)*Q*D#X&#.*&(*51&*D#%
(*0#0)#&?'41V#&[D$%&51&4$1&#)C?'"#& @&(#&Y#9?X&C%L*(?&L#(#&4$1&')%C&'"#$*51C&9$#"#
K.#L*'.#)#


&~
 &^X&AA 

&-?9$&L$S&#$V*)X&†
&vX&‚&22,

&m&l
X&,2†&wyX& A
 
&~
 &^X&A,i&T#>]#$*X&A 


&T#>]#$*X&A2
 
&-?9$&L$S&#$V*)X&†&vX&‚&@A&†&†&w ¿&m  &‚º &q &r   &^I^X&2
 
&m&l
X&,,

&~
 &^X&AA,6i&T#>]#$*X&A26X&A, 

&~&¼ ÜyX&q X& 26

&I X& @

&~
 &^X&A A

&~
 &^X&A 2

&I X&A ,i&T#>]#$*X&A6
 
&T#>]#$*X&A6 


&:1$<1C&51&?&4$%.1Q1& ,2&L$S#%&5%+&3.1)J1&*&o%P?&m  &^I^X&2
 
&»&¼  X&¼

&
  X&,@i&T#>]#$*X&A66
 
&t&O*$1P10X&U'"%$*5#&!$9#&IIX&@X&D*'.*X&L#&51&=#"*5#&*.*&'*(&Y#L*)%51)&*.*&e#9#(P*QX
0#%&L#&(1&D%S1&9*"*&*&51L(%&*&L$?C%&K1'"*&'?&/#51DP1(1&L?9$%)#P0*D&#$V*)'0*D
D#"1$*#.%D&!$&$1+181&!1(#"#&%L&&5#(?#$#& ,6&F&& &„ &  &l

‚ & & 
&v F&†
&v&^I^X&‚&2@&b&H#.%<*X&r 
&wX&@X&D*'.*X&L#&&"%
9*%&=#"*5#&K%5'#.*Q&*/&4%$%L*<1&9$#"#&V1$<1C#&^)#&¼&5&'#D%&0%D9*(#<*5#

&T#>]#$*X&A@ 2

&~
 &^X&A 6@&-10$1"&&81C%)?&*D1(%)#8?&*/L#"&&6&N19$?#$#

&-?9&L$S&#$V*)X&†
X&vX&^aIIIX&‚&66

&O&Y#L%(*QX&-?9$%)#P0#&#0"#&IX&,67

&-?9$&L$S&#$V*)X&v&^I^X&‚& X& X&2


 

 A 7

&q&ƒ X&R# 
& 
 &# & &ƒ&&v #&€# # #&@@AX&,6X&,A&†&-?9$
L$S&#$V*)X&†
&v&^I^X&‚&A
 
&~
 &^X&A 


&~
 &^X&A276
 
&h&!"%5#(%)*QX&!"#$1&'$4'01&4%)1J1&*&4*'D#&IIX&A7
 
&~
 &^X&A,2

&-?9$&L$S&#$V*)X&v&^I^X&‚&7

&O&Y#L%(*QX&-?9$%)#P0#&#0"#&IX&,6 

&„&3?<*QX&!4%D1(*<*&'$4'0*&3X& &h&!"%5#(%)*QX&!"#$1&'$4'01&4%)1J1&IIX&6@A

&†&„&-*(*Q#X&M.#'&†~^^^IIX&26

&r 
&wX&7A

&†&  & 
&IIIX& @
 
&¼

&
  X&,@i&x  & X&,


&a
 &y&  &^I^X&7&U)#(*+&'1&(#/*)#&F 
&
&&…  &
& & F
 
&-?9$&L$S&#$V*)X&†
&v&^I^X&‚&7 X&7
 
&O&Y#L%(*QX&-?9$%)#P0#&#0"#&IX&,@
 
&-?9$&L$S&#$V*)&^I^X&‚&AX&2A&[&K1Q?&[D%J1(*V&$1+1(%&,&D#5#& ,&F
‚ & &&
&

&
& 
&È & & & 

&
&& &È&  
 &l &&† yF&3%'.1X&,&5?(#X&'D#81(&51&"#5&$%0&(#&F%"4$*.*01&"$*&C%L*(1F&v&^^X
‚&2AX&,
 
&~
 &^X&A6 
 
&I X&A@ 2
 
&l&=#0?+1)X&U"#.&#$V*)|X&A
 
&-?9$&L$S&#$V*)X&†
&v&^I^X&‚&@@&†&l&=#0?+1)#X&U'"&'4%D1(*<*X&A7
 
&I X&^I^X&‚& @27
 
&~
 &^X& 7


&I X& A
 
&†&l&=#0?+1)X&U'"%$&'4%D1(*<*&,X&7@7


&~
 &^X& 2,


&-?9$&L$S&#$V*)†
&v&^^X&‚&7,X&7


&!"%5#(%)*QX&!"#$1&'$4'01&4%)1J1X&A7X&@A


&-?9$&L$S&#$V*)X&†%
&v&^^X&‚&,A&B$#51D& ,&C%L&4%'$1L%)#.*&'?&4%(%)%&*
=.1P#(*&¼0&L%0?D1("1&%&*'4.#"*&L%(%'*&?&4$1)%L?&M.&f.1/%)*Q&?&H?$'0*D
'4%D1(*<*D#X& 27


&!"%5#(%)*QX&626


&¼ ÜyX&q X&A 6X& A


&†&  & 
&IIIX&  


&s&†  X&q & &  & &ay &aI&ay &@27&AA


 

 A 



&-?9$&L$S#$V*)X&†
&v&^^IX&‚& 


&H?$%<&0#S1/#&81C#X&L#&&9*%&F&
& 
&&  && &

F&w
s&q X&q  
&IX& ,7
 
&¼ ÜyX&r 
&wX&76@
 
&[&*'4*'*D#&b&H#.%<*5#&(#+#%&'#D&%)?&#L$1'?&51L(%C&#0"#&*/& 6&C%L&m&ƒ  
½  & 
&l
 &  & &„ & 
 
&=#0?+1)X&U'"%$&'4%D1(*<*X&2i&†&wyX& 
 
&M?(L?.*Q#&V$%(*0#X&&q&ƒ X&q  
&IIX&A@A 
 
&-?9$&L$S&#$V*)X&†
&v&^^IX&‚&27X&62&Y#L*&%L9$#(1&')%C&4%L$?P5#&-?9$%)P#(*&'?
'10.*&*&+?D*<1X&L#&(1&9*&L#.*&/#0.%(1&(14$*5#"1J?&I X&,@X&A
 
&q &^^^IX& 2
 
&h&!"%5#(%)*QX&!"#$1&'$4'01&4%)1J1&*&4*'D#&IIX& 6
 
&M.&f.1/%)*QX&H?$'0*&'4%D1(*<*X&2A


&-?9$&L$S&#$V*)X&†
&v&^^IX&‚&@X&A7
 
&I X&‚&A,
 
&I X&‚&2@
 
&!"%5#(%)*QX&A 27&H?$'0*&#0"&0%L&f.1/%)*Q#X&2 2
 
&M&f.1/%)*QX&, 
 
&-?9$&L$S&#$V*)X&‚&2@X&
 
&I X&‚&@
 
&3%L#"01&%&4%51L*(*D&D1'"*D#&*D#&„&-*(*QX&M.#'&†~^^^IIX& 2
 
&h&!"%5#(%)*QX&IIX&66@
 
&h&!"%5#(%)*QX&'4&LX&66@&`&3%'$1L8*<*&„&-*(*QX&M%L*+8*<#&^~aIIX&


&!"%5#(%)*QX&2Ai&¼ ÜyX&q X& A 2
 
&-?9$&L$S&#$V*)&†
&vX&^^IX&‚&,6
 
&q &^^^IX& 26

&-?9$&L$S&#$V*)X&†
&v&^^IIX&‚& 7X&2X&2,X&,7&B%L&H$?1.01X&¼



  &6AX&(1"#P(%X&L#&&U)#(*+&K.#"0%)*Q&?D$%& 6A&C%L



&H?$'0*&'4%D1(*<*X&,

&h&!"%5#(%)*QX&2A&T#5'"#$*5*&*D&9$#"&K.#L*'.#)&(#.#/*%&'1&?&/*D?& 6A &(#
e*4#(?&[&-?9$%)(*0?&&"$#S*%&/#5#D&*&(?L*%&(#&4%V$#(?&(101&'$19$1(1&'")#$*X&#.*&D?&
%9%51&9*.%&%L9*51(%

&-?9$&L$S&#$V*)X&†
&v&^^IX&‚&66X&6

&-?9$&L$S&#$V*)X&†
&v&^^IIX&‚&AX&2X&7 &[&-?9$%)(*0?&9*.%&51&$1+1(%&6&5?(#
 6 &F& &  &È&‚ &l
&&

&
 &q && &
 &
& 
& &&&  &
 & &  
& 
F&`L%9$1(%&L%&77&41$41$#&3%"%D&5&2
5?(#&L%L#"%X&L#&Q&'1X&L#&9*&&4%P#'"*.*X&"$%+*"*&&41$41$#&L(1)(%X&#.*&L#&'1&"$19#
*/)*(*"*&FI&
&È&  & È &&  
&È
& 
&  &


&  &l
F&-)#&L#(#
/#"*D&%L.?P1(%&&L#"*5%5&?'")#$*D#&(#&4%0.%(&,7&41$41$#&†
&v&^^IIX&‚&X&2

&¼ Üy&m 
X&„& &
 &^^^IIIX&,2@


 

 A 
 
&U/&*'4*'#&b&H#.%<*5#


&~&¼ ÜyX&r 
&wX&7i&†&wyX&27
 
&~&¼ ÜyX&q X&77i&M.&f.1/%)*QX&;$#"'")%&^^^X&AX& ,
 
&M.#'(*0&\1D&=?/15#&^^IaX& 7A

&¼ ÜyX&r 
&X&A6i&l&W%$%)*QX&3$*.%/*X&aIIX&&2

&†&wyX&22

&-?9$&L$S&#$V*)X&†
&v&::IIX&‚&6&Y1+1(%&&^II& 6,&F&&† 
a 
X& &
&&  &&¼ &&&rF

&-?9$&L$S&#$V*)X&†
&v&^^IIIX&‚&6X&@AX&7&M$#L&B.%90X&%&0%D&51&%)L1&$1PX&(1Q1
9*"*&%(#5&*/&S?41&K$D#X&0#0%&D*'.*&=&-*(*Q&M.#'&†~^^^IIX&272X&(1C%&%(#5&*/&;10*51

&»&¼  X&¼

&
  X&2,7X&6Ai&!"%5#(%)*QX&6

&q&&q
 X&q & &  &  X&IaX&  &*&L
 
&3%$#/&'1&L%C%L*%&0%L&(10%C&$>#)%&/#91.1S1(%C&D1'"#&F=11
 F&!$&%&%)%D&l
=#0?+1)#X&U'"%$&'4%D1(*<*X&72


&-?9$&L$S&%)L1X&‚&AX&A,X&A6X& 7
 
&!"%5#(%)*QX&@@
 
&x  &vX&@7&-?9$&L$S&#$V*)X&†
&vX&^^IaX&‚&27

&K$1L*&/#91.1S*"*X&L#&51&?&`'%9J#(?X&?&(1$1")#('0%D&0$#5?&L%.#/*%&?&'14"1D9$?& @
)%5)%L#&-D*"#$&O#0+*Q&†
&v&^^IaX&‚&77

&t&O*$1P10X&U'"%$*5#&!$9#&IIX&@2&K.&;$?'*Q&?&')%5%5&D%(%C$#N*5*&Ä&v &E91/
C%L*(1GX&7 X&0#/?51&'#D%&%)%.*0%&Fr &
  & &   &&& &&
v X& & &
&  
&   &† &&¿ &&ˆ&a¿ ˆt
¿& &
&qF

&K.#L*'.#)?&51&0$#J&=#"*5#X&?/&$#(*51&4%'1L1X&@&5#(?#$#& @&L#%&5%+&*&=%$%)*Q
†&&l X&A@,6


 

 A A

%& '( )
;%'#('0#&*&V1$<1C%)#P0#X&0#%&*&/1"'0#&L$S#)#X&0%5#&*V&51&(#LS*)1.#&/#&(10%.*0%&C%L*(#X
(#'"#.1&'?&0#%&C1%C$#N'01&4%.*"*P01&51L*(*<1X&'#&*/)1'(*D&'14#$#"*'"*P0*D&'0.%(%'"*D#X
)%>1(1&"1S8#D#&L#&$#/)*5#5?&')%51&?S1&.%0#.(1&*&4%0$#5*('01&*("1$1'1&T*0#L&*&(*&?&51L(%D
P#'?&%(1&(*'?&?'41.1&.#&L%9*5?&0#$#0"1$&4$#)*V&(#<*%(#.(*V&L$S#)#&_#0&*&'5#5(*&4%L)*C
0$#J#&H)$"0#X&(#5.14+*&*&(#5)1Q*&?&9%'#('0%5&4$%+.%'"*X&%'"#%&51&'#D%&4%0?+#5&*
0%D9*(#<*5#X&#.*&(*51&?'41%&L#&'1&%L$S*&0#%&'")%$1(%&L1.%&B#L&51&4%L&"?$'0%D&).#+Q?
%'1Q#5&(#<*%(#.(1&*&)1$'01&'%.*L#$(%'"*&?/1%&)*+1&D#V#X&0#L&'1&*/)$+*.%&D(%C*D&'1%9#D#
D1+#81&'"#(%)(*+")#&$#+0%CX&/1"'0%CX&V1$<1C%)#P0%C&*&9%'#('0%CX&')1'"&%&'"#$%5&9%'#('0%5
L$S#)*&')1&51&)*+1&"$(?.#X&L#&51&(#&0$#5?&'0%$%&'#')*D&(1'"#(1&[&^I^&)10?X&0#L&51&4%P1.%
%'.%9#>#81&%L&H?$#0#X&(*0%&)*+1&(*51&"$#S*%&L#&'1&%9(%)*&"#&'"#$#&L$S#)#X&(1C%&51&"1S8#
')*V&9*.#&L#&'1&?>1&?&%0)*$&')%5*V&L$?C*V&(#<*%(#.(*V&/#51L(*<#X&%L(%'(%&0%L&)1Q*(1&L#&'1
'")%$*&4$#)#&'$4'0#&(#<*%(#.(#&L$S#)#
T#'"#.#&*/D1>?&4.1D1('0*V&L$S#)#X&'$4'01&*&V$)#"'01X&'#&'"#(%)(*+")%D&0%51&51&(#&<1.%D
4%L$?P5?&9*.%&4$1"1S(%&'$4'0%V$)#"'0%C&4%$10.#X&;%'(#X&*#0%&51&4$*4#L#.#&?&$#/(#&)$1D1(#
*&'$4'0%5&*&V$)#"'0%5&L$S#)*X&(*51&V"1.#&0$%/&P*"#)&')%5&V*'"%$*'0*&S*)%"&L#&?>1&?&"$#5#(
'#'"#)&(*&51L(1&(*&L$?C1&_#0&'1&*&9%$*.#&4$%"*)&8*VX&L#&%L$S*&*.*&(1CL1&D#.%&*'4$#)*&*
4$%+*$*&')%51&4%L$?P51&H1&"1S81&'?&%9*P(1&0%L&D(%C*V&L$S#)#&!"#$%C&*&!$1L81C&K10#i&?
L%9#&9%'#('01&V*'"%$*51&%P*C.1L(*&51&4$*D1$&/#&"%&'"#81&?&'?'1L(%5&U"#.*5*&!$1L*+8#
;%'(#X&4%&')%D&C1%C$#N'0%D&'0.%4?X&'#&'0%$%&4$*$%L(*D&C$#(*<#D#X&%D1>1(#&)*'%0*D
4.#(*(#D#X&4.%L(#X&9%C#"#X&4?(#&+?D1X&.*)#L1X&4%J#&*&)%L1X&9*.#&51&D#81)*+1&'#D#&'19*
L%)%J(#X&4#&51&'&"%C#&*D#.#&?'.%)1&L#&"1&'14#$#"*'"*P01&'0.%(%'"*&%P?)#&*&4%5#P#
!"#(%)(*+")%&81(*V&4.#(*('0*V&*&"1+0%&4$*'"?4#P(*V&%9.#'"*X&4#"$*5#$V#.(%X&*&L?C%
4$14?+"1(%&'19*X&'#&%'0?L(*D&*&'#D%&4%)$+*('0*D&)1/#D#&'#&*'"%0%D&*&/#4#L%DX&P?)#.%&51
'#&?4%$(%+Q?&')%51&0%(/1$)#"*)(1&%'%9*(1&[&(#+*D&/1DJ#D#&(1D#X&D*'.*DX&(*CL1&"%.*0%
"*4*P(*V&#$V#*'"*P0*V&<$"#&*&?&(#P*(?&S*)%"#X&*&?&%9*P#5*D#X&*&?&4$1L#8?X&*&?&51/*0?X&*&?
D#"1$*#.(%5&0?."?$*X&0#%&+"%&'1&"%&(#.#/*X&5%+&?)10X&?&*/)1'(*D&%9.#'"*D#&;%'(1&3%/(#"#
51X&?&%'"#.%DX&P*81(*<#X&L#&'?&'"#$*&T1$1"J#(*&(#5?4%$(*51&P?)#.*&')%5#&4#C#('0#&(#'.1>#i&*
L#&'?X&%L&')*V&(#+*V&4.1D1(#&(#&5?C?X&;%'#(<*&(#5L?S1&*'"$#5#.*&L$S1Q*&'1&51L(1&')%51X
4$1"1S(%&(#<*%(#.(1X&0%(<14<*51&V$*+Q#('")#X&0%5?&51&(#$%LX&4%&(10%D&*('"*(0"?X&%'1Q#%
0#%&'19*&(#54$*'(*5?&T*51L(#&(#+#&L$?C#&%9.#'"&(*51&%P?)#.#&%(#5&"*4*P(*&%9.*0
'"%P#$'0*V&9#.*5#X&0%5*&5%+&?)10&4%'"%5*&?&:1$<1C%)*(*&*&0%C#&'1&U'.#D&'#D%&4%)$+*('0*
L%"#0#%
:$)#"'0#&L$S#)#&(*51&D%C.#&L#&%9?V)#"*&;%'(?&=*'.*DX&L#&51&"%&9*.%&4%(#5)*+1&'&"%C#X&+"%
'1&'$1L*+"1&"1&L$S#)1&(#.#/*.%&*&'?)*+1&(#&41$*N1$*5*&*&(*51&D%C.%&L#&*D#&5#P1C
(14%'$1L(%C&?"*<#5#&(#&)*+1&C$#(*<#&R.*&"%&*'"%&(*51&4%+.%&/#&$?0%D&(*&'"#$%5&'$4'0%5
L$S#)*X&*#0%&51&%(#&%9?V)#"#.#&;%'(?&'&)*+1&'"$#(#&*&*D#.#&'&8%DX&4%&C1%4%.*"*P0%D
4%.%S#5?X&4$*.*P(%&'.*P#(&0#$#0"1$&\#+"%“&3%&(#+1D&D*+J18?&C.#)(*&51&$#/.%C&%)#5
;%'(#&'1&%L)%5*.#&%L&!$9*51&(#&4%P1"0?&^II&)10#X&%LD#V&*/#&;%L*(%)1&'D$"*&=#.%&4%"%D
'"#)*.*&'?&=#>#$*&(#&8?&')%5?&$?0?&;#+&?&"%&)$1D1X&0#L&9*&"$19#.%&L#&'1&'4%$1&%0%&"1
/1DJ1X&=#>#$*&'?&'#&!$9*D#&%L$S#)#.*&)$.%&4$*'(1&)1/1&*&4%D#C#.*&'$4'0%&+*$181&4$1D#
*'"%0?&*&5?C%*'"%0?&*&5?C?&(#&$#P?(&K*/#("*51&B#'(*51X&?&^III&)10?X&!$9*&'1&(*'?&D%C.*&)*+1
)$#"*"*&(#&4$*L%9*5#81&;%'(1X&51$&9*&D%$#.*&L%Q*&?&'?0%9&'&=#>#$*D#X&0%5*&'?&*&)%5(*P0*&*
N*(#('*5'0*&9*.*&5#P*&%L&8*V&B$#J1)*&[$%+&*&-$#C?"*(X&0$%/&<1.?&L$?C?&4%.%)*(?&^III
)10?X&9*.*&'?&P#0&8*V%)*&)#/#.*&B#'(*51X&?&^Ia&)10?X&0#L&51&)1Q&'")%$1(#&9%'#('0#&L$S#)#&*
81(#&"$#L*<*5#X&%"4%$&9*&L#)#.*&*&;%'#(<*&*&=#>#$*&!1D&"%C#X&!$9*5#&51&"#L#X&*&/#
=*.?"*(%)%&*&/#&-?+#(%)%&)$1D1X&9*.#&*&'?)*+1&/#?/1"#&(#&5?C?X&?&)#$L#$'0%5&L%.*(*X&*&?
<1.%5&9#.0#('0%5&)*/#("*'0%5&L%D1(*
K#S(#&51&P*81(*<#X&L#&51&;%'(#X&'0%$%&0$%/&<1.%&L%9#&')%51&V*'"%$*51X&%'"#.#&?&(10%5&)$'"*
L1N#(/*)1&*&L#&51&)$.%&$1"0%&4$1.#/*.#&')%51&4$*$%L(1&C$#(*<1&B#L&'1&"%&*/?/1"(%&*4#0


 

 A
L%C#>#.%&/9*)#.%&'1X&'0%$%&4%&4$#)*.?X&4%&"?>%5&*(*<*#"*)*&_#0&(*&9#(&!"14#(&II&(*51&4$)*
?+#%&?&9%$9?&4$%"*)&=.#L1(#&e?9*Q#X&(1C%&'1&4$*L$?S*%&'")%$1(%5&0%#.*<*5*i&#&4$%"*)
!$9*51&4%P1%&51&$#"%)#"*X&L#&4%D#S1&0$#J#&K.#L*'.#)#X&')%C#&?5#0#&*&D#>#$'0%C&+"*Q1(*0#
T*&H)$"0%&(*51&?)10&0$1"#%&'")#$*&'#D&]1C#&51&(#4#%&*&?C$%/*%&T*0%.#&R."%D#(%)*QX&4#&51
"10&%(L#&%(&4$*D*%&9%$9?&'#&T*0%.%Di&#&V$)#"'0?&9?(?&*/#&'D$"*&0$#J#&b#5%+#&%(&51&'#D%
4$*V)#"*%&*&$#/)*%X&#.*&51&(*51&4%"#0#%&[&'#D%5&;%'(*&4$%+*$*)#81&*/&?S1&S?41&K$V9%'(1
*/)%L*.%&'1&"%0%D&K$9#'#&*&;%'(1X&'#')*D&4$*$%L(*D&4?"1DX&L%&C$#(*<1&!#)1X&-$*(1X
-*(#$'0*V&R.4#&*&5?S(%C&4$*D%$5#X&'#&(1+"%&D#.%&4%"$1'#&*&'?0%9#X&#.*&91/&)1.*0*V
4%.*"*P0*V&/#4.1"#&*&/#V)#"#
e"%&;%'(?&?&%L(%'?&'#&=#>#$'0%D&(*51&/#L1'*.#&'?L9*(#&:$)#"'01&*D#5?&L)#&C.#)(#&$#/.%C#
3$)*&51&"#5X&+"%&51&4?"&=#>#$'01&(#&5#L$#('0?&%9#.?X&0%5%5&51&%(#&"1S*.#&')%D&S1J%DX&)%L*%
*'0J?P*)%&*&(#50$#Q*D&4?"1D&4$10%&V$)#"'0%C&4%L$?P5#i&*&+"%&'1&%L$S#)#81&D#>#$'01
).#'"*&(#&O#L$#(?X&?&'?0%9?&'&=.1<*D#X&(*51&D%C.%&*/)1'"*&91/&'*C?$(%'"*&#0%&:$)#"*&(1
4$*V)#"1&D#>#$'0?&L$S#)(?&D*'#%&;%'(#&(*51&*D#.#&"#0#)&4%.*"*P0%4$*)$1L(*&/(#P#5&*&'
"%C#&(*51&D%$#.#&*D#"*&(*&*'"?&'?L9*(?&-$?C%X&4%L$?P51&;%'(1X&4?(%&C%"%)%&(14$%V%L(*V
4.#(*(#X&'#&'"#(%)(*+")%D&?4%$(*D&*&0%(/1$)#"*)(*DX&*&9%$91(*DX&D%C.%&'1&'&)1.*0*D
(#4%$%D&'#).#L#"*X&#.*&'1&(*51&L#.%&.#0%&%L$S#"*&T10%.*0%&4?"#X&)*L1.*&'D%X&4%0?+#)#.*
'?&=#>#$*&L#&'#).#L#5?&*&4%0%$1&;%'(?X&#.*&'?&')*&"*&4%0?+#5*&%'"#.*&91/&"$#5(*V&$1/?."#"#
*&?)10&'?&=#>#$*&D%$#.*&4$*'"#5#"*&(#&(10%&0%D4$%D*'(%&$1+181&B#L&'?&"%&?)*L1.*&%(*&'?
'1&/#L%)%J#)#.*&"*DX&L#&?&;%'(*&'4$1P1&')#0*&"?>&4%.*"*P0*&?"*<#5&*&L#&(#&"#5&(#P*(&?
4%.?'?)1$1(%5&;%'(*&L%9*5?&'?'1L#&%L&0%C#&(1&D%$#5?&/#/*$#"*&!#&"#0)*D&$1+181D&;%'(#&51
9*.#&/#L%)%J(#i&%(#&51&V"1.#&L#&81(%&4%L$?P51&%'"#(1&4%+"1>1(%X&#&%(#&'#D#&(*51&?C$%S#)#.#
L$?C1
=%SL#&51&"%&L%.#/*.%&*&'&"%C#X&+"%&51&%(#X&0#%&(*51L(#&L$?C#&(#+#&L$S#)#X&4#"*.#&%L
?(?"$#+8*V&0$*/#&*&'?0%9#X&?&0%5*D#&'?&'1&J?"%&/#)#>1(1&)1$1&'"#.(%&"$.1&*&4$%C%(*.1X&*
"*D&(1'?D8*)%&4#$#.*'#.1&81(&4%.1"&*&0%D9*(#<*51&+*$*V&4%"1/#&`L&"%C&(1L?C#&%(#&'1
(*51&%'.%9%L*.#&(*0#L&B#%&0%L&')*V&9%.1'(*V&%$C#(*/#D#&%(&'1&P#0&')1&)*+1&4%5#P#)#%X&+"%
51&%4#'(%'"&4%'"#5#.#&)1Q#&*&%P*C.1L(*5#&`L&'"#$%C&(#'.1>#&"%&(#D&51X&(#&S#.%'"X&%'"#.%&')1
L%&L#(#'&(#5%'1"J*)*51&?&<1.%5&;%'(*&`(%&51X&(1D#&'?D81X&(#5)*+1&L%4$*(1.%X&L#&51&*&?
(%)*51D&(#+1D&(#$%L(%D&S*)%"?X&')1&L%&4$1L&0$#5&^I^&)10#X&;%'(#&(#5D#81&?P1'")%)#.#&'#
)1.*0*D&*&%4+"*D&4%L)*/*D#


 

 A 2

 $
-   
 & 
=&`$9*(*&?&')%D&4%/(#"%D&L1.?&I & & &q  &4$*P#&L%'"#&%4+*$(%X&L#&51&!"14#(
B%"$%D#(&?D$%&A7&C%L&*&L#&4%'.1&81C%)1&'D$"*&9#$%(*&;%'(1&(*'?&L#.*&81C%)%D
(#5'"#$*51D&'*(?&L#&'1L(1&(#&4$1'"%&`(&'1&"#L#&'&D#50%D&4%)?0#%&?&-?9$%)(*0X&L%0&'?&D?&L)#
D.#>#&9$#"#&%"*+.#&?&:$)#"'0?X&#&'1'"$#&*D&-#(*<#&?&Y*D&Fq &  ‹&È&ç&v
X&& 

& &p
 X&&
&
& & &X&‚ô& & && & & &È 
 ç&& &    F&U&Y?)#$#<&51&L#)(%&?")$L*%X&L#&!"14#(&B%"$%D#(&(*51&*D#%&0Q1$*
-#(*<1&*&L#&"%&4$*P#81&`$9*(*51)%&L%.#/*&%L&(101&/#9.?L1&E\9%$(*0&U&Y?)#$<#&IX&AA,@G
b?0#$*QX&0%5*&%&"%D&91C?&L#51&)*+1&4%51L*(%'"*&4%/*)#5?Q*&'1&(#&(10?&(1'"#.?&V$%(*0?
fD#(?*.%)?&%&V1$<1C?&:$)%5?X&(1&'4%D*81&"1&-#(*<1&b&H#.%<*X&0%5*&'1&4%$10.%D
B%"$%D#(*Q#&9#)*%&L?S1&*&4%L$%9(*51X&?&%)%D&4*"#8?&(*51&%"*+#%&L#J1&%L&4$*P#8#&%)*V
V$%(*P#$#&'1D&+"%&51X&'#')*D&4%C$1+(%X&?/1%X&L#&51&!"14#(&II&B%"$%D#(*Q&)1Q&A &C%L&9*%
F*('"#.*$#(F&?&;%'(*&E…


‚ &„  &IIIX&AG&T#&'"$&A@&D*&'D%&(#)1.*
4%L#"#0X&L#&'1&?&-?9$%)(*0?&"#L&"$#S*.#&0?Q#&F &
 &  F&*&D*'.*D%&L#&51&(1%4$#)L#(%
/#0J?P*)#"*&*/&"%C&4%L#"0#X&L#&51&!"14#(&II&"#L#&9*%&F*('"#.*$#(&?&;%'(*F&B&O*$1P10X
U'"%$*5#&!$9#&X&X&2X&4%D1$#&L#"?D&'D$"*&B%"$%D#(%)1&L#.10%&?(#"$#C&`(&D*'.*X&L#&51
%(&?D$%&F?9$/%F&*/#&9%$91&%L&A7&C%L&=1>?"*DX&L#"?D&51&"#5&'#')*D&(1'*C?$#(X&51$&C#&(*51
'#P?)#%&*.*&9#$&(#C%)1'"*%&(*51L#(&'#)$1D1(*&*/)%$
`$9*(*&51&')%51&4%L#"01&%&9#)J18?&9#(*<1&O1.*'#)1"1&?&-?9$%)(*0?&D%C#%&L1.*D*P(%
<$4'"*&*/&L?9$%)#P0%C&4$1L#8#X&'.?S91(%C&*&?'D1(%C&[&L)#&L?9$%)#P0#&4*'D#X&4*'#(#&?
%/9*J(*D&4$*.*0#D#& A&*& A&C%L&?&;%'(?&*&(#&9%'#('0*&L)%$X&*D#&9.*S*V&)1'"*&%
"%D1&[&4$)%D&4*'D?X&0%51&'1&(#.#/*&?&'1$*5*&~ &&†

 X&aIIX&‚& ,X&0#S1&'1
Fp
X& & & &q‚X& &
 &‚   &
 y& &
 &    & &
 &
l
X&& &  &  && &‚ &
  & & ‚ && & & & &v
X&



&&È&& &&& &


& &
&‚ yX&&  X&&

 X&& yX& &È 

& &&& &&&‚ &&



X&
È&  & &
 &    & &l

X

&  & & &


&
 X& &È & &‚ &È
& &
&& 
& & &
& &†  X

 &
 F&[&L$?C%D&4*'D?&*/&*'"1&'1$*51&aIIIX&‚&X&4*'#(%D&0$#J?&H)$"0?&IIX&0#S1&'1
/#&O1.*'#)1"?X&F
&

& 
& &l
&& &‚   & y X&y& &q‚‚X& &
a 

X&& &„ 
&a
 X&& &&ƒ 

X&&& &  & &


&&

 &‚   &#&
 &
&

&&&v
X& &È & &
&   & &  & &  &&l
F
!$&T&O%$C1&ƒ
&&  
&IIX&A76&*&D%51&91.1+01&?&3$*.%/*D#&aX&,&T#&%'(%)?&"*V
#$V*)'0*V&4%L#"#0#&")$L*%&51&B&O*$1P10X&L#&'1&O1.*'#)1"#&'#&')#&"$*&'*(#&'0.%(*.#&?
-?9$%)(*0&!4&LX&2&3$1D#&"%DX&4%L#<*&L?9$%)#P0*V&V$%(*P#$#X&0%5*&'?&*(#P1&D%C.*
*/C.1L#"*&)1$%)#"(*X&4%L.1S1&*/)1'(%5&'?D8*&*&D*&*V&'&"%C#&(*'D%&?4%"$19*.*&?&%)%5
08*/*

.-/
&
 
+
b&H#.%<*&51X&*/L#5?Q*&9%'#('01&4%)1J1&*/&01$D1(L'0%C&#$V*)#X&4%)1J?&9#(#&!"14#(#
B%"$%D#(*Q#&M$C?$?&!"14#(*Q?&%'"#)*%&9.*S1&(1L#"*$#(?X&'"#)*)+*&'#D%&L#&51&*/L#(#
F4%'.*51&AAF&EM.#'(*0&\1D&=?/15#&^aIIIX& 7,i&q X& G&=1>?"*DX&?&"%5&4%)1J*&4%'"%5*
'*C?$(#&9#/#&/#&L#"*$#81&H%&51&D%"*)#<*5#&9#(%)#X&L#&(#C$#>?51&M$C?$#&F/#&(1C%)?&)$¯(?
'.?S9?&"#L¯X&0#L#&C¯&4%'.¯'D%&4$*L#&(#+*D*&).¯'"1.*&4%&C%'4%Û&4%&D%Û&<¯$?&9?$¯'0%D?F
T1)1+"*&4*'#$&E'$&N#0'*D*.&?&M.#'(*0?&^aIIIX&'.& G&?&%)%5&4%'.1L8%5&$1P*&*/%'"#)*%&51
51L#(&'.%CX&51$&$1P&%P1)*L(%&"$19#&L#&C.#'*&9?EC#G$¯'0%D?&;#(&!"14#(&S1(*%&'1&4$)*&4?"
A&C%L&51L(%D&4%J'0%D&4$*(<1/%DX&O1.*'#)1"%D&B?5#)'0%DX&0%5#&D?&51&?D$.#&4$1&AA2
C%LX&0#L&'1&9#(&S1(*%&L$?C*&4?"&`)#&L$?C#&S1(*L9#&9*Q1&L#&51&9*.#&"#&'#&9?C#$'0%D


 

 A ,
4$*(<1/%D&T#&S#.%'"X&%&"%5&4$)%5&;?C#$0*&?L#"%5&?&;%'(?&D*&(1D#D%&(*0#0)*V&9.*S*V
4%L#"#0#&`(%&+"%&9*&/#&(#'&9*.%&%L&(#$%P*"%C&/(#P#5#&"%&51&4*"#81&0%C#&51&9?C#$'0%C&<#$#
0Q*&9*.#&?L#"#&/#&!"14#(#&`&O%)#(?&R.10'#(L$?X&9?C#$'0%D&<#$?&"*V&C%L*(#X&(1&D%S1&9*"*
$1P*X&51$&51&%(&AA2&C%L&9*%&D.#L&P%)10&!1D&"%C#X&4%&"%D&9$#0?&!"14#(&9*&L%+#%&?&'$%L'")%
'&-?+#(%DX&#&%(%&'1&(*CL1&(*0#L&(1&'4%D*81X&(*"*&51&4%&')*D&L#J*D&%L(%'*D#&)1$%)#"(%&[
4*"#8?&D%C?&9*"*&*&*/91C.*&'*(%)*&4%C*(?.%C&<#$#&=*V#*.#X&O%)#(&!"1)#(&*.*&e*+D#(
O%)#(&!"1)#(&51&(%'*%&"*"?.?&<#$#&*&S*)1%&51&L?S1&)$1D1(#&?&U"#.*5*&e*+D#(&51&9*%&D.#>*
*&4%"?<#%&'1&(#&)*+1&'"$#(#&U&%(*&'?&9*.*&'$%L(*<*&-?+#(%)*X&#.*&'?&'&8*D&9*.*&?&/#)#L*
4%'.1&81C%)1&S1(*L91&'#&'1'"$%D&O%)#(#&R.10'#(L$#X&0%5*&*V&51&'$?+*%&`&8*D#&'$&3
T*0%)#&U'"%$*{&(#&)*L*('0%"%&0({S1'")%&!%N*{&X&&R.*&(*&0%L&O%)#(#&!"1)#(#
(*51&'*C?$(%X&L#&51&AA2&C%L&*D#%&0Q1$&L%$#'.?&(1&/#&?L#5?&(1C%&/#&4$#)*&9$#P(*&S*)%"&U.*
'1&$#L*.%&(1&9#+&%&<#$'0*D&0Q1$*D#X&(1C%&%&(10*D&<#$'0*D&'$%L(*<#D#X&%&0%5*D#&D*&*(#P1
(1D#D%&9.*S*V&4%L#"#0#“&K&\.#"#$'0*&L#51&D%C?Q(%'"&*&/#&L$?C?&0%D9*(#<*5?X&*#0%&(1
'4%D*81&%)?&9%'#('0?&')#L9?&d#$&=*V#*.%&51&*D#%&9$#"#(<#&3*(<#&*&'1'"$?&=?$0?&3*(<%
51&4%'.1&)1.9?+01&9*"01&9*%&51L#(&%L&C.#)(*V&(%'*.#<#&#("*'$4'01&4%.*"*01X&4#&51&'&"%C#
D%$#%&(#4?'"*"*&/1DJ?&;*%&51&'&9$#"'")%D&?4?Q1(&P#0&?&B.*'X&CL1*V&51&.14%&4$*D*%&c?$#
e?9*Q&-#&%L#+*J#81&M$C?$#&!"14#(*Q#&*/&/#4#L(1&;%'(1&0#%&)%>1&')#"%)#&(1&?4?Q?51&9#+
(#&"1&)1/1“&3*(<%X&*'"*(#X&(*51&9*%&<#$&9?C#$'0*X&#.*&51&4%.#C#%&4$#)%&(#&"%&*&'&"%C#&51&*
'"$#L#%&E;}.C&*'"&9*9.*%"10#&IIX&A7X& 2G
o&e*+*Q&L#"*$#%&51&%)?&4%)1J?&%0%&A 2&C%LX&#.*&51&4$*&"%D&?P*(*%&'0%$%&(1)1$%)#"(?
4%C$1+0?&F½&&& &&l
& &  &  & y&ˆ&m
 &w&m
Ê
IIFEa
 &y&  &aIIX&72X&@G&U(#P1X&/#&"?&C%L*(?&(1D#&(*0#0)#&4%'19(%C&$#/.%C#

0-$ '
[&0%P1$*('0%D&C$%9(%D&(#"4*'?&K*C8#&=*.%+1)*Q#&0#S1&'1X&L#&51&"#5&P%)10&'.?S*%&F9#(?
!"*4#(?&*&0$#.?&HË)$¯"Ì0?&*&0$#.?&-#9*+*&*&0$#.*<*&M$?9*&*&0$#.#&`'"%*F&EU/L#81&'
N#0'*D*.%D&*&(#59%J*D&P*"#81D&?&…


‚ &„  &IIIX& AG&[&(#?0?&51&4$)*
K&B.#5*Q&?(1%&/#9?(?X&L#&51&"#&0$#J*<#&M$?9#&*L1("*P(#&'&O1.1(%DX&?L%)*<%D&0$#J#
-#9*+1&Ft   &w X&y&Ç &  & &s  X&  ‡& 

& 

 & & F&Er 


&l
X&7@G&-#&O1.1(#&*&M$?9#&(*'?&*'"%&.*<1&)*L*&'1&5#'(%&4%&"%D
G&+"%&'1&M$?9#&(1&4%"4*'?51&*D1(%D&O1.1(#i&G&+"%&'1&5#)J#&"10&A&C%Li&*&(#5)#S(*51&AG
+"%&?&4*'D?&%L&2&D#$"#&A&*/$1P(%&0#S1&F#&D*&V%"*(*1D¯&9%S**D¯&/L$#)%&'D%X&L%0%.*
(#D¯&1&/L$#)%&C%'4%L*(¯&0$#.¯F&3%'.1&"*V&$1P*&(1D#&(*0#0)1&'?D81X&L#&%(#&(*51&*&(1&D%S1
9*"*&-#9*+*(#&?L%)*<#X&0#L&5%5&51&D?S&0$#J&S*)&*&/L$#)&B.#5*Q1)?&4%C$1+(?
*L1("*N*0#<*5?&4%(#)J#.*&'?&D(%C*&4*'<*X&*#0%&51&B&O*$1P10&L#)(%&?4%/%$*%X&L#&'?&'.%)#&?
"%D&4*'D?&F'#')*51D&$#/.*P(#&%L&4$%+#'"*V&4*'#D#&0$#J*<1&O1.1(1F&!4%D1(*0&^IX&7A
O%$C#X&0%5*&51&/#'"#%&(#&%)%D&4*"#8?&*L1("*N*0#<*51X&D*'.*%&51X&L#&51&M$?9#&*'"%&+"%&*
K*"#P#X&S1(#&0$#J#&`'"%51X&*.*&D%SL#&81C%)#&4$)#&S1(#X&#.*&4%D*+J#%&51X&L#&51&"%&*4#0&*
O1.1(#&ƒ
&&  
&IIX&6 X&6,X&6@&O*$1P10&?&U'"%$*5*&!$9#&IIX&7&-#9*+*(?&?L%)*<?&/%)1
'#D%&O1.1(%DX&#&*&h&!"%5#(%)*Q#&*/L#5?Q*&?&!"#$*D&'$4'0*D&4%)1J#D#&IX& 62&M$?9*(%
4*'D%&-?9$%)P#(*D#X&0%5*&4*+?&F4$')".%*&*&4$)*'%0%*&C%'4%C*&0$¯&M$?9*FX&'#')*D
4$#)*.(%&/%)1&51&'#D%&"*D&*D1(%D
M$?9#&51&D%C.#&9*"*&S1(#&'#D%&S*)1&L)%5*<1&0$#J1)#X&0%5*&'?&4%'"%5#.*&?&;%'(*&4$1L&0$#5
^Ia&)10#X&"%&51'"&`'"%5*(#&*.*&H)$"0#&II&[&L?9$%)#P0*D&#$V*)'0*D&08*C#D#&(1D#
(14%'$1L(%C&L%0#/#&L#&9*&'1&"%&D%C.%&%L$1L*"*X&(1C%&"$19#&*Q*&4%'$1L(*D&4?"1D&[
-?9$%)(*0?&'1&2&'14"1D9$#&A&9*.%&$1+*.%X&L#&'1&(1+"%&L#$?51&4%'.#(*<*D#&F 
 X&  & 

&  & 
&l
F&Ev‚  
&^^^IX&‚&,@i&O%$C#&IIX&6,G&H#L#+8*
0$#J&;%'(1X&0%5*&51&'")#$(%&).#L#%&*&'&0%5*D&'?&-?9$%)P#(*&%4+"*.*X&9*%&51&`'"%5#&=#.%
4%"%DX&A&%0"%9$#X&9*.%&51&$1+1(%X&&
 & &  &l

X&È&  & 



 
&  
& & È
&
  
&&
 &

&  
&È& 


 

 A 6

  &
 
& È
&&& ‚ i&&
& 
&  
&   & 



 
X&È&
& ‚ & &  
&&  
& È
&È& 
& X&
È& & 
& &v& &È& &&
 &
& 

&
 

 È
&`LD#V&4%"%D&$1+#)#.%&'1&F&&v &a yF&*&)%"*$#(%&5%5&51&77&41$41$#
Ev‚  
&^^^IX&‚&A6G&U/&(%)%C&$1+#)#8#&%L& &%0"%9$#&)*L*&'1&5#'(%X&L#&51&K*"#P#
S1(#&`'"%5*(#&O1$&"#L&'1&C%)%$*.%&F&‚ & È&&v &a ñX&  &
v&
X& & 
& FEv‚&^^^IX&‚&@G&M%L*(1&A&`'"%5#&51&*D#%&L)1
S1(1X&#.*&(*51L(#&(*51&9*.#&M$?9#&B#L&'1&$#'"#)*%&'&K*"#P%D&(1&/(#D%X&#.*&')#0#0%&4$1
N19$?#$#&-?9$%)P#(*&4*+?&9*)+%5&0$#J*<*&,&'14"1D9$#&91/&D(%C%&4%+"%)#8#&'#D%&0#%
F)¯&)'1D¯&4%P"1(%*&C%'4%C*&K*"#P*F&Eh&!"%5#(%)*QX&!"#$1&'$4'01&4%)1J1&IX& 66G&M$?9#X&0#%
0$#J*<#X&5#)J#.#&'1&?&D#$"?&A&R0%&(*51&`'"%5*(#&S1(#X&%(L#&51&%P1)*L(%&L#&51&H)$"0%)#
]1/*(&D?S&9*%&51X&*'"*(#X&4%"*'(?"&*&D%SL#&'1&?&"#5&D#V&(*51&(*&(#.#/*%&?&;%'(*X&#.*&'1
M$?9#&L$S#.#X&'&8*D&/#51L(%X&(1&(#4?+"#5?Q*&')%5*V&4$1"1(/*5#&-#&'1&(#.#/*.#&?&(1&9#+
.#0*D&4$*.*0#D#&)*L*&'1&4%&"%DX&+"%&'1&?&D#$"?&)$+*%&(10*&%9$#P?(&/#&/#.%C1X&0%5*&'?&9*.*
L#"*&?&-?9$%)(*0&Eh&!"%5#(%)*Q&IX& 62,G&=%C.%&9*&'1&$1Q*X&L#&51&`'"%5#X&(#4?'"*)+*
K*"#P?X&?/1%&M$?9?&R.*&"%&(*51&'.?P#5&O1$&%(&51&%L&N19$?#$#&A&*D#%&0#%&(%)?&S1(?
B?5#)?&[&4%)1J*&-?9$%)P#(*D#&%L&2&N19$?#$#&"1&C%L*(1&%(&0#S1&0#0%&'1&'4%$#/?D1%&F'
4$)*'%0%D¯&C%'4'*%D¯&9%C%D¯&L#$%)#(%D¯&D*&0$#.*<%D¯&0*$¯&B?)%D¯F&Eh&!"%5#(%)*Q&IX
2G&3%'.1&')1C#&%)%C#&D*'.*D&L#&51&%L(%'&0$#J*<1&M$?91&L%)%J(%&%95#+81(

1-2&
   

[&/9*$<*&;&31"$#(%)*Q#&'
#

%
&IIIX&;*%C$#L&@67X&(#.#/1&'1&4%L&9$& @&*& 
L)1&(#$%L(1&41'D1&%&4#L?&;%'(1&3$)#&*D#&(1'?D8*)*V&(#$%L(*V&.%0#.(*V&4$1L#8#X&#.*&8*V
(*51&'$%P*%&?&'"*V%)1&4$#)*&(#$%L(*&41)#P&'"#$%C&0%)#X&(1C%&(10%&%L&F?P1(*5*VFX&0%5*&51
)%.1%&P1+Q1&'.*0%)#81&*&0%5*&51&*D#%&*/)1'(*V&4#"$*%"'0*V&"1(L1(<*5#&-$?C#&41'D#&5%+&51
D#81&P*'"%&(#$%L'0#&[&8%5&'1&0#/?51X&L#&51&9%'#('0*&9#(&!"1)#(&Y*'"*Q&L%9*%&08*C?&F%L
.#"*('0%C&0$#J#&81D#P0%C#F&'&4%$?0%DX&L#&'1&'.%S1&81C%)#&*&9%'#('0#&)%5'0#X&F/1DJ#&")%5#&#
?4$#)#&D%5#FX&4#&L#&'1&4%L&)%>'")%D&81C%)*V&C1(1$#.#&9$#(1&%L&H?$#0#&B$#J&51&4%C$1+*%X
+"%&51&(#4?'"*%&')%5?&)1$?&*&"*D&*/#/)#%&$#'<14&?&/1DJ*&;$#(*%&'1&?&O#5<?&41"(#1'"&L#(#X&#
%L#".1&51&4%91C#%&?&BJ?P&H?&'?&C#&H?$<*&4$1)#$%D&*/D#D*.*&*&4%'10.*&]1C%)?&4%C*9*5?
"$#S*%&51&%L&)1/*$#X&0%5*&51&9#(?&L#%&%91Q#81&L#&Q1&D?&4%+"1L1"*&S*)%"X&)1$'0*&4$1"'"#)(*0
?&)%5'<*&3%'10.*&'?&*&9%'#('01&)%5)%L1&*&%L)1.*&27777&'$4'0*V&D%D#0#&*/&;%'(1&3%'.1&'?
?L#$*.*&*&(#&d$(?&M%$?X&#.*&(*'?&*D#.*&?'41V#&H?&41'D?X&/(#"(%&'0$#Q1(?X&%95#)*%&51&5%+
51L(%D&*&T*0%.#&B#+*0%)*QX&1#( &IIX&!#$#51)%&E91/&C%L*(1GX&9$& 
`)%&(*51&4$#)#&(#$%L(#&41'D#&[&8%5&'1&5#'(%&$#/#/(#51&L%41)#81X&?D1"#81X&0%D1("#$*'#81&*
?D%)#81&.*<#X&0%5#&41)#5?&?&(#$%L(%D&L?V?X&#.*&'#&4$*D1"(*D&N%(L%D&*/)1'(%C&(#?P1(%C
/(#8#&[&41'D*&51&'#')*D&5#'(#&4#"$*%"'0#&"1(L1(<*5#X&0#%&*&(#D1"J*)#&$%L%J?9*)%
D%$#.(#&0$*"*0#&H1+0%&L#&9*&41)#P&*/&(#$%L#&?(1%&?&41'D?&%)#0)1&'"*V%)1
B#L&'1&-?+#(&4$1"'"#)*%&'.#)(%X
U&;%'(*&51&9#$5#0&4%"#)(*%X
B$#J1)*(*X&4#0&*&9#(%)*(*X
-%0&*/C?9*&š(#0%C&C%'4%L#$#X
M%'4%L#$#&'*.(%C#&-?+#(#
O%+&D#81&51&?&41'D*&'&C%$8%D&"1D%D&(#$%L(*&41)#P&D%C#%&L%Q*&(#&D*'#%X&L#&?&8?&?(1'1&%)1
'"*V%)1
R&')1&D%.1&;%C#&*'"*(%C#X
-#&*D&')#(1&*&'?(<1&%C$#(1X
`L&*'"%0#&%0.1(&C$*51&'?(<1X
`L&Y?'*51&*&%L&e?D#L*51X
`L&!$9*51&*&%L&M%$1&d$(1


 

 A @
[&(1(#$%L'0%D&51&L?V?X&*&)#(&%0)*$#&41'D1X&4%V)#.#&d$(%5&M%$*&*&(#&0$#5?X&?&67&'"*V%)#X
(#9$#5#81&*&'.#)J181&(#$%L(*V&5?(#0#&'#&4$10%$*D#&%&(1'.%/*X&/#)*'"*&*&0.1)1"*&[&%)%5
41'D*&*D#X&*'"%&"#0%X&D*D%&%9*P#5&4$#)*V&(#$%L(*V&41'#D#X&*&L%'"#&'.*0%)#8#&!1D&"%C#X
)*L*&'1&5#'(%&*&*/&'#D%C&'#L$S#5#X&L#&51&41)#P&')%51&/(#81&L%9*%&*/&(101&08*C1X&#&L#&%(%&(1
4%"*P1&(14%'$1L(%&*/&(#$%L#&T#$%L(*&41)#P*X&4%&4$#)*.?X&(1&/(#5?&D(%C%&V*'"%$*'0*V
4%51L*(%'"*X&(*"*&*V&C%D*.#5?&')1&?&51L(?&41'D?X&(*"*&*V&*/.#S?&4%&$1L?X&*&(*"*&*V
4$%4$#Q#5?&0$*"*0%D
U/&'"#$1&9%'#('01&4$%+.%'"*&D*&(1D#D%&D(%C%&4$1L#8#&?&(#$%L(*D&41'D#D#&R&K1'1.%)'0*
4%0?+#%&51X&(#&4$*D1$X&L#&?>1&?&"$#C&41'D#D#&%&Y#L%'.#)?&3#).%)*Q?X&/#&0%51&'1&?&^aI&)10?
")$L*.%&L#&'?&4%'"%5#.1X&4#&(*51&*D#%&(*0#0)#&?'41V#&E!$&:%$)#"'0*{&4'(*&%&Y#L%'.#)
3#).%)*P&j?$(#.}&=*(&(#$X&4$%')ã1(å{&††IX&@6X&,2G&U'"%&"#0%&(*51&L#%&'")#$(*V
$1/?."#"#&(*&-$#C?"*(&B%'"*QX&0%5*&51&*'4*"*)#%X&'&4?(%&"$?L#X&#.*&*&'#&4?(%&(1'*C?$(%'"*X
4$1L#8#&%&3#).%)*Q*D#&?&')%5%5&'"?L*5*&%&)1$(%D&'.?/*&EM.#'&!I:aeX&A2G

3-"  
 
 

B8*C#&M.&f.1/%)*Q#&C %
&I&9*.#&51&C%"%)#&0#L&'1&%)#&

L%+"#D4#)#.#X&*&'&"%C#&?(%'*D&%)L1&(#4%D1(1X&0%51&*D#D&?P*(*"*&4%)%L%D&81&?&4*"#8?
"?$'0*V&(#D1'(*0#&*&/#4%)1L(*0#&?&:1$<1C%)*(*
M&f.1/%)*Q&(#&'"$&,6&0#/?51X&L#&51&<1.#&F;%'#('0#&0$#J1)*(#&'#&:1$<1C%)*(%D&*&3#).%)*Q#
/1DJ%D&*&=%$#)*<%D&)1Q&?&N19$?#$?& , &C%L*(1&9*.#&4%L&?4$#)%D&'*(%)#&*&?(?0#&)%5)%L1
U'V#0&91C#&U'#&91C&51&'#(Z#0&%L&;%'(1X&81C%)&9$#"X&)%5)%L#&=1VD1L&91CX&*D#%&51
:1$<1C%)*(?X&#&'*(&%)%C#&=1VD1L&91C#X&'*(%)#<&U'#91C#X&V#Z*&=1VD1L&P1.19*5#&9*%&51
)%5)%L#&*&C%'4%L#$&3#).%)*Q#&31"$#&/1DJ1F&[&L?9$%)#P0*D&'1(#"'0*D&#0"*D#&=1VD1L%)%
'1&*D1&(1&4%D*81X&(1C%&'1&'#D%&(#)%L*&_1.19*5#X&'*(&U'#91C%)&[&08*/*&/#4*'(*0#&!1(#"#
/#91.1S1(&51&/#0J?P#0&%L& &5?.#& ,,&F&&€  &‚ &&p
  F&Ev&^I^X
‚&6,G&`L&6&%0"%9$#& ,,&"#5&'1&_1.19*5#&5#)J#&0#%&FC%'4%L#$&/1DJ1&3#).%)*Q#F&EI X&‚&AG
U'#91C&51&*D#%&5%+&'*(%)#&O1L#(X&P*51&'1&*D1&(1&4%D*81X&$#/9%.1%&'1&4%P1"0%D& ,6&C%L&*
D%.*%&51&-?9$%)P#(1X&L#&D?&4%+J?&.10#$#&`)*&'?&$1+*.*&2&D#$"#X&L#&D?&4%+#J?&.10#$#
O1$1D*5?&R.*&51&%L.?0#&4#.#&0#'(%&K1Q&A&#4$*.#&%L.?P1(%&51&F& && &
&p& && && &‚ &
 F&Ev&^I^X&‚&@,G&`)*D&'1&5#'(%
*'4$#)J#&C1(1#.%+0#&"#9.*<#&C&f.1/%)*Q#&*&81C%)%&L#J1&$#'4$#)J#81&(#&'"$&66@&`
_1.19*5*&*D#&)1'"*&*&4%'.1&H#0%&'1&A&'14"1D9$#& ,&L%(1%&/#0J?P#0X&L#&'1&L#$?5?&27
41$41$#&?&')*"*&F&€  &‚ &&p&  F&EI X&‚&,G

T*51&'#')*D&"#P(%&0#/*)#81&M&f.1/%)*Q#X&L#&51&)%5)%L#&:#D/#91C&'#(Z#0&V1$<1C%)#P0*&F%L
0$#5#&5?.#& 67F&K1Q&51&W&H$?V1.0#&"#P(%&4%D1(?%&E¼

&
  X&GX&L#&'1&%(
4%D*81&%L&&D#$"#&"1&C%L*(1&Ev&^^X&‚& AG&=#.%&4%'.1X&@&N19$?#$#& 6X&L%(1"#&51
%L.?0#&?&-?9$%)(*0?X&L#&'1&%LC%)%$*&F
 

&a  

 X& 

 &&m 

 F&Ev&^^IX&‚& 2G&!*(#(91CX&(#'.1L(*0&:#D/*(X&5#)J#&'1&%L&&5#(?#$#& 62&Ev
^^IIX&‚&,AG&R5#/X&F
& 
 
&
 FX&4%D*81&'1&?&-?9$%)(*0?&"10&%L&&%0"%9$#& 6@
Ev&^^IIIX&‚&@i&H$?V1.0#X&'4&LX&AG
Ä&$#'4$#)J#8?&M&f.1/%)*Q#&%&V1$<1C?&!"514#(?&*&81C%)*D&'*(%)*D#&(#&'"$&2@&*&L&D%S1
9*"*&$1P*&(#&L$?C%D&D1'"?&Y1/?."#"*&81C%)#&$#'4$#)J#8#&(1&%LC%)#$#5?&?)10&(#+*D&?&%)%5
08*/*X&#.*&?&')*D#&'.?P#51)*D#&CL1&4%'"%51&$#/.*01X&0#%&(#&4$&%&V1$<1+0%5&"*"?.*
!"514#(%)%5X&%&81C%)*D&S1(*L9#D#X&*&$#'?.?&:1$<1C%)*(1&*&'.X&f.1/%)*Q1)#&*/.#C#8#&(1Q1
'1&D%Q*&%L$S#"*


 

 A 

*#  !*
 + 
   
!
    *
  & !

14-
'  (")" 
!*+,-./(%-+01"  "
  + 2  
3! +** *!% 4567!8!9:8";
4<7   !=  / >  !<44567?4564!9!6:4?6:8"
F&3%'.1&"$*L1'1"&C%L*(#&'*'"1D#"'0%C&4$%?P#)#8#X&4$%N&C&W%$%)*Q&L#51&%)?&*'"%$*5?
;%'(1&0#%&')%51&S*)%"(%&L1.%X&0%D1&51&4%')1"*%&(#5.14+1&C%L*(1&')%51&D.#L%'"*
K%.?D*(%/(#X&'#&4$10%&,27&'"$#(#X&'&(#?P(*D&#4#$#"%DX&'&(#5+*$%D&?4%"$19%D&'"$?P(1
.*"1$#"?$1X&'&9%C#"%&*'0%$*+Q1(*D&'#L#&*&(#&%)%D&D1'"?&4$)*&4?"&9%C#"*D&#$V*)'0*D
D#"1$*#.%D&&%)%&51&'#D%&4$)*X&P*'"%&4%.*"*P0*X&L1%&*'"%$*51&;%'(1&L%&81(%C&4#L#&4%L
H?$01&3*'#<&(#D&%91Q#)#&L$?C*&L1%X&0%5*&"$19#&L#&%9?V)#"*&0?."?$(?&*'"%$*5?X&0%5%5&'1X
S#.*&;%S1X&"10&%L&(1L#)(#&?&'$4'0%5&*'"%$*%C$#N*5*&4%0.#8#&4#S8#&H$1Q*&L1%&%9?V)#"*Q1
41$*%L&%L&4#L#&;%'(1&4%L&H?$01X&L%&%'.%9%>18#&*&?51L*818#X&L#0.1&;%'(?&4%L&H?$<*D#&*X
4%'.1X&4%L&R?'"$%[C#$'0%DF
õ`)#&%9*D(#&08*C#&%&4$%+.%'"*&;%'(1&$#>1(#&51&(#&%'(%)?&4%'.1L8*V&$1/?."#"#&*&(#&%'(%)?
)1.*01&*&9%C#"1&C$#>1&*/&L?9$%)#P0%C&#$V*)#X&(#&%)%D&D1'"?&4$)*&4?"&*'0%$*+Q1(1&-)1
)1.*01&'1$*51&5 ?-
&*&% #( - %%X&*'0%$*+Q1(1
'?&?&4?(%5&D1$*&R.*&"%&*'"%)$1D1(%&/(#P*&*&L#&'1&(1&D%S1D%&(#L#"*&)*+1&(10*D
*/(1(#>18*D#X&9#$&(1&)1Q*DX&?&L?9$%)#P0%D&#$V*)?&/#&*'"%$*5?&;%'(1&!#')*D&'.?P#5(%
D%SL#&Q1&'1&(#Q*&0%5*&V$%(%.%+0*&*.*&C1(1%.%+0*&4%L#"#0&?&'1$*5#D#&B#(<1.#$*5'0*V&*
(%"#$'0*V&'4*'#X&*.*&?&H1'"#D1("*D#X&*.*&?&`8@KUFKWHJKa8\88B&!#D%&')1&"%&(1Q1&D(%C%
*/D18#"*&(#+1&/(#81&%&*'"%$*5*&;%'(1&U&/#&L?C%&C%L*(#&*'"%$*5#&;%'(1X&*&4%&D#"1$*#.?
0%5*&51&L#"&*&4%&0%(<14<*5#D#X&*/C.1L#Q1&%(#0)#&0#0)?&51&%)%D&08*C%D&4$*0#/#%&4$%N&C
W%$%)*Q&b*P(%'"&*&4%0$1"*&L%9*.*&'?&')%5?&4?(?&D1$?&j*)%&'?&*&.14%&4$*0#/#(*&0#%
4%0$1"#P*&*&(%'*%<*&'")#$#.#P0%C&L?V#&!"514#(&B%"$%D#(*Q&*&0$#J&H)$"0%&Y#L%&*'"*P1D&*
4.#'"*P(%&*/)#5#(?&N*C?$?&1(1$C*P(%CX&(1D*$(%C&*&)#/L#&?&4%0$1"?&V1$<1C#&!"514#(#
K?0P*Q#&B%'#P1
U&(1V%"*<1&P%)10?&'1&(#D1Q?&4*"#8#&*&4$%9.1D*X&0%5*&D?P1X&*.*&4%"'"*P?&(#&$#/D*+J#8#
`L&*("1$1'#&51&'*D4#"*P(%&*'"#Q*&L#&51&*&?&'$1L81D&)10?&9*.#&$#/)*51(#&')1'"&%&'.%)1('0%5
/#51L(*<*&B$#J&B#$.%&IaX&(1D#P0*&0$#J&*&P1+0*&0$#JX&4%/L$#)*%&51&51L(*D&4*'D%D&A22&C
<#$#&-?+#(#&0#%&L$#C%C&9$#"#X&/#&0%C#&C#&)1/?51X&4%$1L&).#L#$'01&"*"?.1X&*&4.1D1(*"*
'.%)1('0*&51/*0&`'#DL1'1"&*&41"&C%L*(#&L%<(*51&4%'.#('")%&9%'#('0%C#&0$#J#&H)$"0#&II
H)$"0%)*Q#X&P1'"*"#5?Q*&*/9%$&4%J'0%C&0$#J#&K.#L*'.#)#&III&/#&D#>#$'0%C&0$#J#X&*D#.%&51
L#&*/5#)*&D.#L%D1&0$#J?X&L#&'?&;%'#(<*&*&3%J#<*&*'"%C#&4%$10.#&*&L#&*D#5?&*'"*&51/*0
3#L#&?&%P*&*&L$S#81&-?9$%)#P01&Y14?9.*01X&0%5#&)*L*&0#0%&/#'.14J1(#&*&/#")%$1(#
9%'#('0#&).#'"1.#&'$J#&?&4$%4#'"X&0#0%&'.%)1('0#&;%'(#&4$%4#L#X&0#%&+"%&4$%4#L#&*
;?C#$'0#&*&0#%&+"%&"#)%$*&')%51&4%'.1L81&L#(1&*&!$9*5#&=#&0%.*0%&)%L*.*&.*P(?X&?'0?&*&/#
'191&0%$*'(?&4%.*"*0?X&L?9$%)#P0*&C%'4%L#$*&5#'(%&)*L1&/(#P#5&H?$#0#&*&"#P(%&4$%<18?5?
"?$'0*&?'41V&*&4$1L)*>#5?&L#J*&$#/)%5&U&"%&%(L#&0#L&D(%C*D#&(#&/#4#L?&(*51&5%+&L%)%J(%
5#'(%&+"#&/(#P*&9.*/*(#&H?$#0#&*&0%.*0*&51&'")#$(%&8*V%)&?'41V&!"%C#&-?9$%)P#(*&D%.1&*
4$10.*8?&9%'#('0?&).#'"1.?&L#&'1&(1&/#9%$#)*X&L#&4%)1L1&$#P?(#&%&;%'(*X&#&(1&%&'19*F
õB#%&?&S$)8?X&;%'(#&51&*/D1>?&-?9$%)(*0#X&=#>#$'01X&=.1"#P01&Y14?9.*01&*&H?$'01&!)*
*D#5?&#'4*$#<*5#&!)*&S1.1&;%'(?&/#&'191&3#4'0#&0?$*5#&+#J1&')%51&(#5%4$%9#(*51


 

 A27
D*'*%(#$1&L#&?P)$+Q?5?&4$#)?&)1$?&!#D*&4$%4%)1L(*<*&"1&)1$1&õ;%C?&(#5D*.*51F&J?"%&'1
/#)#L*+1&3#4#&')#0*&C$D*&4$%"*)&õ51$1"*0#F&*&õ+*/D#"*0#FX&4$1"*&*&4%L*S1&0$'"#+01
$#"%)1&[&(1*/)1'(%'"*X&$#'"$/#(&*&/9?81(X&(#$%L&'1&(1&'(#.#/*&`(*&'191&(#/*)#5?&õL%9$*D
V$*+Q#(*D#F&j*)%"&;%'(1&?& &*&2&)&)1.*0#&51&*&9%.(#&L$#D#&UD#&4?(%&4$%9.1D#&0%5*
/#V"1)#5?&'#L&L*'0?'*5?X&#.*&"%&(1&'4#L#&?&%0)*$&%)%C&4$*0#/#&O1L(#&51&*4#0&*&P?L(#&*
0#$#0"1$*'"*P(#&4%5#)#&/#&5?S(%'.%)1('01&L$S#)1&\#+"%&"#0%&9$/%&L%.#/*&L%&4#L#&*
(*+"18#&'"1P1(*V&"10%)*(#“&K*'%0%&?/L*C(?"1&")%$1)*(1&4%51L*(*V&).#L#$#&(1D#&0%&L#
4$*V)#"*X&P#0&(*&4$)*&(#5(14%'$1L(*5*&(#'.1L(*0&*&'*(&e"#&9*)#&'&?'41'*D#&9?C#$'0%C
<#$#&!*D1%(#“&e"#&'#&L1.%D&<#$#&!#D?*.#“&e"#&'&$1/?."#"*D#&V$)#"'0%C&0$#J#&H%D*'.#)#“
B%&*&0#0%&4$*V)#"#&L1.%&<#$#&-?+#(#&*&")%$1)*(?&H)$"0#&I&B%"$%D#(*Q#“&_?L#(X&/#*'"#X
N#"?D&?&*'"%$*5*&O?S(*V&!.%)1(#Ð&UD#5?&*&)%J1&*&S1J1&L#&'1&9%$1X&L#&'")#$#5?&*
0%('"$?0"*)(*&'?&H1+0%&%L$S#)#5?&K1Q*&'?&?&9%$9#D#&*&'")#$#8?X&(1C%&?&D*$?&*
%L$S#)#8?F

1-
 2 3 % #)" 
!*3 % "
  "   + 2  
3!"+**@*A8!9:8!%
4567! 4<7   &!+B   !0 3 !4564!* C:#4"
&
D57?D5D"
õ;%C/(#&0%.*0#&14%V#&9*&D%$#.#&4$%"1Q*&L#&'1&L%9*51&'.*P#(&$#L&?&%)%5&L%'"#&/#(1D#$1(%5
%9.#'"*&(#+1&*'"%$*%C$#N*51X&0#L&'1&P#0&(*&(#&V%$*/%("?&(1&)*L1&9?L?Q*&4%'.1(*<*&!&"%C#
'"#(%)*+"#&D%$#D%&%)#0)#&L1.#X&*&5%+&'#&%)#0)%D&(#?P(%D&)$1L(%+Q?X&'D#"$#"*
14%V#.(*D#&`'")#$181&"#0)%C&*L1#.#&9*.%&51&%"1S#(%&%'0?L*<%D&?&*'"%$*'0*D&$#L%)*D#&%
;%'(*X&51$X&0#0%&4*'#<&'#D&*'"*P1X&õ(*51L(#&L$?C#&%9.#'"&?&(#+%5&*'"%$*%C$#N*5*&(*51&9*.#
"#0%&L?C%&*&?&"%.*0%5&D1$*&4$1(19$1C(?"#&0#%&+"%&51&'.?P#5&'#&V*'"%$*5%D&;%'(1F&M
W%$%)*Q&51&4%')1"*%&"$*L1'1"&C%L*(#&')%C&*("1(/*)(%C&(#?P(%C&$#L#&/#&4$%?P#)#81&9%'#('01
4$%+.%'"*X&%L&')%C&'"?4#8#&?&'#$#51)'0*&D?/15&7X&(#'"#)J#5?Q*&(#&91%C$#L'0%D
?(*)1$/*"1"?&(#&0#"1L$*&/#&(#<*%(#.(?&*'"%$*5?X&'4$1D#5?Q*&'*'"1D#"'0*&C$#>?&/#&%)#0)%
L1.%X&)$+1Q*&#$V1%.%+0#&*&#$V*)'0#&4$%?P#)#8#X&4$%?P#)#5?Q*&(#$%P*"%&4.#('0*&9%C#"?
C$#>?&-?9$%)#P0%C&#$V*)#&U&4%'.1&"$*L1'1"&C%L*(#&"#0)%C&$#L#&5#)J#&'1&%)#&õ:*'"%$*5#
;%'(1FX&4%&81C%)*D&$1P*D#X&0#%&81C%)%&S*)%"(%&L1.%
[&%)%5&4$)%5&%95#)J1(%5&')1'<*&%9$#>1(#&51&4%.*"*P0#&*'"%$*5#&/1DJ1&L%&4#L#&:1$<1C%)*(1
 @&[&L$?C%5&')1'<*&Q1&9*"*&%95#)J1(#&0?."?$(#&*'"%$*5#X&#&"$1Q#&08*C#&9*Q1&4%')1Q1(#
4$%+.%'"*&/1DJ1&4%L&H?$<*D#&*&R?'"$%[C#$'0%D
[&%0)*$?&%)%C&0$#"0%C&4$*0#/#&/#&(#+?&4$%')1Q1(?&P*"#.#P0?&4?9.*0?X&(1&D%S1D%&'1X
(#$#)(%X&?4?+"#"*&?&L1"#J(*51&*/(%+181&0#$#0"1$*'"*P(*V&$1/?."#"#&*&4%C.1L#&C&W%$%)*Q#
?&D(%C*D&"#D(*D&4$%9.1D*D#&9%'#('01&4$%+.%'"*&`(&51&9#<*%&4%C.1L&(#&81(?
*'"%$*%C$#N*5?X&*/(1%&51&')1&+"%&51&)#S(%&*/&81(1&4$1*'"%$*51&*&$*D'0%C&L%9#&T#5L1"#J(*51
51X&L#0#0%X&(#&41"&+1'"*(#&08*C1X&%9$#>1(#&'.%)1('0#&4$%+.%'"&[&'1%9*&51&(#$%P*"%&*/$#>1(
4%C.1L&%&81(%D&0#$#0"1$?&*&4$%<1'?&'")#$#8#&(#$%L(*V&*D1(#&/#&L$S#)(1&")%$1)*(1X
"?D#P1Q*&4$1%).#>*)#81&*D1(#&!$9#&*&:$)#"#&8*V%)%D&#0"*)(%+Q?&#&(1&(10%D
%$C#(*/#<*5%D&?&$#"(*P01&L$?S*(1&3$*0#/#(1&'?&')1&)#S(*51&4%5#)1&?&*'4$14.1"#(*D
0?."?$(*DX&)1$'0*DX&4.1D1('0*D&*&L$S#)(*D&?"*<#5*D#&%0%&%9.#'"*&;%'(1&*&:1$<1C%)*(1
L%&*/C$#>*)#8#&9%'#('01&L$S#)(1&*(L*)*L?#.(%'"*&-1%&%&9#(?&B?.*(?&$1/?."#"&51&4%'19(1
'"?L*51&0%5?&51&%95#)*%&%&"%D&(#54%4?.#$(*51D&9%'#('0%D&).#L#$?&K$.%&D1"%L'0*&*
%9510"*)(%&51&4$%?P1(%&4*"#81&9%C?D*.#X&%&0%D1&51X&?&4%'.1L81&)$1D1X&C&K&M.?+#<&/#?/1%&?
')%5*D&$#'4$#)#D#&(#$%P*"*&D*+J181&L#&'?&4$*4#L(*<*&9%'#('01&<$0)1&9*.*&4$#)%'.#)(*
M&W%$%)*Q&D*'.*&L#&51&9%'#('0#&<$0)#&9*.#&9.*S#&*'"%0?&E9$#0&')1+"1('")#X&0$'(%&*D1X
$#'"#)J1(%&'.#)J181&')&31"$#&*&3#).#&*&L$GX&#.*&(#.#/*&$#/.*0?&*&4$1D#&4$#)%'.#)(*D#X
(#$%P*"%&+"%&%L&:III&)10#&?&8%5&(*51&9*.%&#0"*)(%C&D%(#+")#&*&+"%&'"$#(<*&*&-?9$%)P#(*


 

 A2
%9*P(%&$#/.*0?5?&)1$(*01&"1&<$0)1&0#%&51$1"*01&%L&4$#)%'.#)(*V&+*/D#"*0#&*&+"%&'?&*V&*
4$#)%'.#)(*X&4%&(10*D&)1'"*D#X&(#/*)#.*&51$1"*<*D#&T#4#L#5*&0#"%.*P01&<$0)1&51L(#0%&(#
51$1"*01&*&(#&+*/D#"*01&4$*9.*S*.*&'?&%)1&L)1&(#$%L(1&<$0)1X&0%51&'?&9*.1&%91&4%L
*'"%P(*D&?"*<#51D&*&Q*$*.'0*D&4*'D%D&(#&<1.%D&9%'#('0%D&4%L$?P5?X&0#%&*&(#&$#+0%DX&"1
'1&"*DX&'#L#&4%&W%$%)*Q1)?&%95#+818?X&D%S1&%95#'(*"*&4%5#)#&+"%&%L&4#L#&;%'(1&*
:1$<1C%)*(1&(1'"#51&9%C?D*.#&*.*&4#"#$1(#&E0%5*&'?X&?%'"#.%DX&'#D*&'191&?)10&/)#.*&'#D%
4$#)*D&*.*&L%9$*D&;%+8#(*D#X&#&<$0)?&(#$%L(%D&*.*&9%'#('0%DG&"%&51'"&%"0#L&4#L#5?
4%.*"*P01&C$#(*<1&*/D1>?&;%'(1&*&!$9*51&*&%"0#L&'1&4%P*81&+*$*"*&#0"*)(*&?"*<#5&'$4'01
<$0)1&(#&9%'#('0%&4%L$?P51
H1S1Q*&/#&'"$%C%&%9510"*)(*D&(#?P(*D&<*J1DX&C&W%$%)*Q&51&?&L#J1D&*/.#C#8?&*/(1%
0#"%.*P#('")%&4%51L*(*V&9%'#('0*V&).#L#$#X&0%5*&'?&C#&4%L&4$*"*'0%D&'4%J#X&0#%&4%'.1L*<?
/#)*'(%'"*&%L&=#>#$#X&*.*&*/&4%.*"*P0*V&$#P?(#X&4$*V)#"*.*&*&+*$*.*X&)$.%&P1'"%&'1
'?0%9J#)#5?Q*&/9%C&"%C#&'#&')%5*D&9%C?D*.'0*D&)1.*0#+*D#&*&4%L#(*<*D#&&T*(%'.#)X&0%5*
?&4%)1J#D#&(#/*)#&')%51&4%L#(*01&!$9*D#X&*&"*D&4%")$>?51&R5(V#$"%)X&3%$N*$%C1(*"%)&*
-?0J#(*(%)&4%5#D&!$9*51&0%5*&%9?V)#"#&;%'(?&*&Y#+0?X&3$*51/L#X&!"14#(&II&B%"$%D#(*QX
0%5*&51&'#D&4$*D*%&0#"%.*P#('")%&#.*&(*51&'D1%&4$%C%(*"*&51$1"*01X&51$&9*&%(*&"$#S*.*
4%D%Q&%L&'?'1L(*V&+*/D#"*0#&B#%&$#(*51&U&Y?)#$#<X&C&W%$%)*Q&'D#"$#&*&H)$"0#&0#"%.*0%D
*&(1&4$*D#&'?D81&=&3?$0%)*Q#&*&T&Y#L%5P*Q#&?&81C%)%&0#"%.*P#('")%
;%'(#&(*51&(*&?&)1$'0%D&(*&?&4.1D1('0%D&4%C.1L?&9*.#&51L*('")1(#&`(#&'1&?%4+"1&(*51
$#/)*5#.#&0#%&4.1D1('0#&L$S#)#X&(*"*&51&0$%/&P*"#)&^Ia&)10&*D#.#&4.1D1('0*&0#$#0"1$&]1(%
'"#(%)(*+")%&P*(1&!$9*&*&:$)#"*X&4$#)%'.#)(*X&0#"%.*<*&*&9%C?D*.*X&%(#X&4$1D#&"%D1X&(*51
9*.#&(*&4.1D1('0#&(*&)1$'0*&V%D%C1(#&Y#/)*5#.#&'1&4%L51L(#0%&*&(#&$#P?(&'"#$%C&V$)#"'0%C
4%'1L#&(#&/#4#L?&*&(#&$#P?(&'$4'0%C&(#&*'"%0?&`L&^Ia&)10#&;%'#(<*&'1&)*+1&(1&(#/*)#5?
!$9*D#&(1C%&õ;%+8#(*D#F&*&õL%9$*D&;%+8#(*D#FX&*&4*+?&'#D%&Q*$*.*<%DX&0%5?&(#/*)#5?
'$4'0*D&4*'D%DX&#.*&"%&(1&'D#"$#5?&0#%&(10?&(#$%P*"?&4.1D1('0?&0#$#0"1$*'"*0?&(#$%L#
H10&0$#J&H)$"0%&0#S1&/#&'191&L#&51&L%9*%&õ4$1'"%&D%5*V&4$#$%L*"1J#X&C%'4%L1&'$4'01F
T#$#)(%X&"#L#&(*51&9*.%&L%)%J(%&$#/)*51(1&(#<*%(#.(1&')1'"*&(*&0%L&%'"#.*V&(#$%L#
f)$%41
K$.%&4%"#(0%&51&4$*0#/#(%&L%9#&4$%4#L#8#&4%'.1&H)$"0#X&)$.%&/#D$+1(#&*&*/?0$+"#(#&9%$9#
L*(#'"#X&)1.*0#+#X&D#>#$'0%C&*&4#4*(%C&?"*<#5#&U'"%&"#0%&*/(1'1(*&'?&')*&)#S(*5*
D%D1("*&*/&*'"%$*51&:?D#&*&'?'1L(*V&%9.#'"*X&L%<(*51&:1$<1C%)*(1X&8*V%)%&4.1D1('0%&*
L$S#)(%&51L*('")%&'#&'$4'0*D&*'"%0%D&*&4%'19(%&N%$D*$#81&'#D%'"#.(%'"*&T#$%P*"%
$1J1N(%&51&*/)#5#(#&0#$#0"1$*'"*P(#&.*P(%'"&V1$<%C#&!"14#(#&H?$'0%&4$%L*$#81&4$#Q1(%
51&?&'"%4?X&*'"%&"#0%&D?P(%&L%)*5#81&4%'.1L8*V&9%'#('0*V&0$#J1)#&&H%D#+#X&0%5*&51&)1$#(
0#"%.*0&#.*&(1&D%S1&(*+"#&L#&?P*(*&4$%"*)&)1.*0%C&9$%5#&(10#"%.*0#&*&8*V%)%C&D%Q(%C
?"*<#5#i&4%'.1L81C&0$#J#&!"14#(#X&0%5*&51&L%9#$&0#"%.*0X&*&0%L&4#41&"$#S*&%'.%(<#&?&')%5*D
"1+0%Q#D#&4$1D#&=#>#$*D#X&4$1D#&')%5*D&õD#(*V15'0*DF&4%L#(*<*D#&*&4$1D#&"?$'0%D
$%)#$18?&D1>?&9%'#('0*D&'1J#<*D#
j*)%&'?&4$*0#/#(1&')1&41$*41"*51&#C%(*51&;%'(1&*&:1$<1C%)*(1&*&8*V%)%C&(1'.#)(%C&4#L#
õ!&;%'(%D&51& ,A&C%L&(1'"#.%&51L(1&L$S#)1&0%5#&51&(#'"#.#&*&S*)1.#&4$1"1S(%&'#D%&0#%
C1%C$#N'0#&51L*(*<#&*&0%5#&51&'#D%&?&51L(%D&*/?/1"(%D&41$*%L?&4%0?+#)#.#&*/&')%C
C1%C$#N'0%C&4%.%S#5#&'")%$*"*&51L(?&V*'"%$*'0?&D*'*5?F&E(#*D1&/#&H)$"0#&IG&B#%
C1%C$#N'01&4%.*"*P01&51L*(*<1X&91/&51L*('")1(1&4.1D1('01&*&)1$'01&%'(%)1X&(*'?&;%'(#&*
:1$<1C%)*(#&%'"#)*.1&')%5?&L$S#)(?&"$#L*<*5?&K1$'0#&4%L1J1(%'"&*&/#)#>1(%'"&9*.1&'?&*
%'"#.1&*/)%$&'.#9%'"*&'$1L81)10%)(1&;%'(1&*&81(#&(#5"1S#&9#+"*(#&/#&')1&0#'(*51&)$1D1&L%
L#(#'

51-
+

  
 
  % !+ B


 

 A2
 !4796"<<!<D?<6"
K.#L*D*$&W%$%)*QX&0%5*&51&$#L&(#&*'"%$*5*&')%C#&$%L(%C&0$#5#X&/#4%P1"&5%+&?&!#$#51)?X
(#'"#)*%&*&0#%&4$%N1'%$&;1%C$#L'0%C&?(*)1$/*"1"#&3%'19(*D&$#'4$#)#D#&%(&51&?&"%0?&L)1
L1<1(*51&4$*4$1D#%&".1&/#&51L#(&<1.%)*"&4$*0#/&9%'#('01&*'"%$*51
[&'#D%&4$1L)1P1$51&-$?C%C&')1"'0%C&$#"#X& 7&C%L*(1X&4%5#)*%&'1&L%'#L&(#5%9*D(*5*&*
(#54%L$%9(*5*&4$*0#/&'$1L81)10%)(1&9%'#('01&4$%+.%'"*&&:*'"%$*5#&;%'(1X&K.#L*D*$#
W%$%)*Q#&[&08*/*&/#D*+J1(%5&0#%&4$)*&L1%&51L(1&)1.*01&*'"%$*51&;%'(1&')1&L%&@X
W%$%)*Q&51&'"*C#%&L#&*/.%S*&4$%+.%'"&;%'(1&%L&4$#*'"%$*51&L%& @&C%L*(1&[)%L(*&L1.%)*
'?&$#/$#>1(*&%'%9*"%&4%L$%9(%X&"#0%&L#&'1&"10&4%'.1&'"%&'"$#(#&P*"#.#<&'$1Q1&'#&!.%)1(*D#X
#&')1&L%&4%'.1&B?.*(%C&L%9#&*/.#C#(#&51&?4%$1L%&*&P*"#)#&*'"%$*5#&!$9*51&:*'"%$*5#&;%'(1
51&*/$#>1(#&(#&%'(%)?&')*V&"#L#&4%/(#"*V&*/)%$#&*&.*"1$#"?$1&*&(#&%'(%)?&(1%95#)J1(1
#$V*)'01&C$#>1&0%5?&51&W%$%)*Q&'0?4J#%&?&-?9$%)#P0%D&#$V*)?&!)1&51&"%&%D%C?Q*.%X&/#51L(%
'#&/(#"(*D&9$%51D&4$1"V%L(*V&L1"#J(*V&'"?L*5#X&L#&W%$%)*Q1)%&L1.%&9?L1&(1?4%$1L*)%
'#L$S#5(*51&*&4%"4?(*51&%L&')*V&$#(*5*V&4$1C.1L#&9%'#('01&*'"%$*51&3#&*4#0X&(*&(#&81C#&'1
(1&D%S1D%&?)10&*&?&')1D?&%'.%(*"*&-?9$%)#P0#&C$#>#&51&0%$*+Q1(#&(14%"4?(%X&"#0%&L#&'1X
(#$%P*"%&/#&41$*%L&%L&^Ia&)10#&(#L#J1X&D%$#5?&?P*(*"*&D(%C%9$%5(1&L%4?(1&*&*'4$#)01&U
0%(<14<*5#&L1.#&?&<1.*(*&51&/#'"#$1.#&)1Q&?&"$1(?"0?&81C%)1&4%5#)1&B#%&*&?&$#(*51D
B#.#*Q1)%D&4$*0#/?X&4$*)$1L(*X&L$?+")1(*&*&0?."?$(*&$#/)%5&51&/#(1D#$1(&3%(1+"%&+"%
'#D*&*/)%$*&(14%'$1L(%&L#5?&*.*&+"%&51&?")$>1(%&?&$#(*5*D&$#L%)*D#X&'4%D1(?"%&51X&#.*&'?
%'"#.1&(14%)?P1(1&%'(%)(1&.*(*51&L$?+")1(%C&*&4$*)$1L(%C&0$1"#8#&[&4*"#8*D#&<$0)1(1
*'"%$*51X&W%$%)*Q&51&4%L$S#%&0%(<14<*5?&Y#P0%CX&#.*&51&P*(*%&"%.*01&?'"?401&81(*D
4$%"*)(*<*D#&L#&51&C%"%)%&L%+#%&L%&0%D4$%D*'(%C&$1+18#&`'*D&"%C#X&L1.%&(1D#&5#'(1&(*
?(?"$#+8*D&$#/)*"0%D&%4$#)L#(1&41$*%L*/#<*51X&(*"*&4%L1.1&0%5#&9*&%.#0+#.#&4$1C.1L(%'"
*&?%P#)#81&9*"(*V&%L.*0#&4%51L*(*V&$#/L%9J#&9%'#('01&'$1L81)10%)(1&*'"%$*51

65
.  +
E 


 
C C

 % ! !45F9"<:7?<:4"
W%$%)*QX&0#%&*'"%$*P#$X&(*51&D(%C%&"$41%&%L&N*.%.%+0*V&?"*<#5#&B#L&9*&"%&/#V"1)#%
4$1LD1"&*'4*"*)#8#X&%(&51&/(#%&)$+*"*&N*.%.%+0?&0$*"*0?&*/)%$#i&L$?C*&4?"&9*&'1X
D1>?"*DX&?4?+"#%&?&#$V*)'0#&*'4*"*)#8#X&%9*D(#&*&?S?$9#(#&L#&*'"$#S*&*&'#).#L#&C$#>?&*/
14%V#X&%L&^II&L%&^^&)10#
3?"&0%5*&51&W%$%)*Q&4$1)#.*%X&(*51&'1&D(%C%&$#/.*0%)#%&(*&?L#J#)#%&%L&'"#/1&0%5%D&0%5%D&'?
4$%+.*&D(%C*&81C%)*&'#)$1D1(*<*X&%'%9*"%&'#4?"(*<*&*/&:1$<1C%)*(1&=(%C%&P*D1X&*4#0X
%'"#%&51&*/?/1"#(&U#0%X&0%(#P(%X&%9$#/%)#(&0#%&(#?P(*0X&%(&(*51&4$%.#/*%&0$%/&S*)%"
+"*"1Q*&J?9%D%$(%&%L&'4%J#+8*V&?"*<#5#&"$1(?"01&')%C#&$#L#&*&')%51&L1.%&(*51&'1&4.#+*%
L#&?.#/*&?&+*$1&*("1.10"?#.(1&0$?C%)1X&L#&'1&4$*L$?S?51&4%0$1"*D#X&L#&4$1S*)J?51&L$#D?
')%C&(#$%L#X&L#&'1&4$*V)#"#&(%)*V&4%'.%)#X&L#&')%5&L?V&%")#$#&(1%P10*)#(*D&'#/(#8*D#&&*&L#
')1&"%X&)1%D#&9$/%X&4$1")#$#&?&')%5&$#LX&?&')%51&(#?P(%&/#(*D#81X&?&(%)#&L1.#&'&(%)*V
4%L$?P5#
!.?S1Q*X&4$1L&4$)*&')1"'0*&$#"X&?&\1D#J'0%D&D?/15?&?&!#$#51)?X&%(&'1&5%+&51L(%D
4$*9.*S*%&')%D&/#)*P#5?X&*&%'"#%&/#(#)10&(#L(1'1(&(#L&')*D&%(*D&+"%&51&')1L%P*.%&%
81C%)%5&4$%+.%'"*X&L%&(#5(%)*5*V&%9.*0#&(#$%L(%C&S*)%"#&*&9%$91&]1C%)#&:*'"%$*5#
;%'(1X&%95#)J1(#&?%P*&81C%)1&'D$"*X&4*'#(#&51&0$#581&*'<$4(%X&C%"%)%&'#&%P1)*L(*D&<*J1D
L#&?&8?&?>1&')1&+"%&51&(#&9*.%&0%5*&(#P*(&/#4#DQ1(%&%&"%5&/1DJ*&?&'$1L81D&)10?&U#0%&'1&%)%
L1.%&4%5#)*.%&4%'.1&(*/#&81C%)*V&4%'19(*V&$#'4$#)#&%&'$1L81)10%)(%5&9%'#('0%5&*'"%$*5*
E%&9#(?&B?.*(?X&i&%&0$#J?&H)$"0?&B%"$%D#(*Q?X&2GX&%(%&51X&*4#0X&"$19#.%&/(#P*"*
'#D%&4$1L)%$51&/#4%P1"%C&W%$%)*Q1)%C&/L#8#&4%L*C(?"%C&%L&$#/)#.*(#&4$%+.%'"*&81C%)%C
/#)*P#5#&3$*4$1D1&/#&"%&/L#81&/(#P*.1&'?X&D%SL#X&*&81C%)1&/(#"(1&$#L81&%&b?0*


 

 A2A
K?0#.%)*Q?&EAGX&%&=%'"#$?&*&%&81C%)%5&4$#)%'.#)(%5&%4+"*(*&EAAG&*.*&%&%L(%'*D#
-?9$%)(*0#&'&81C%)*D&'?'1L*D#&4%P1"0%D&^aIII&)10#&E G

7   &



8 $
! &9
`)*V&L#(#&*/*+.%&51&*/&+"#D41&%4'1S(%&L1.%&;#.*("#&:%D#(#&s
 &
& 
„   
&El & 7G&[&81D?&51&%L(%'&;%$*Q1)&*&B?.*(%)&4$1D#&=#>#$*D#&'V)#Q1(&*'"%
%(#0%&0#%&*&?&%)%5&D%5%5&08*/*&[&!&B&M.#'(*0?&~:I& X& 7X&%95#)*%&51&K&M.?+#<&P.#(#0&%
F;#(?&B?.*(?&*&(1/#)*'(%'"*&9%'#('01&<$0)1F&H?&%(&$#/)*5#&')%51&4%/(#"%&C.1L*+"1&%&"%D
4*"#8?X&0%51&(#'&*4#0&(*51&$#/?)1$*.%&`&08*S1)(%D&*&0?."?$(%D&$#L?&9%C?D*.#&9*Q1
%4+*$(*51C&C%)%$#&?&*L?Q%5&')1'<*
3%$1L&'*"(*5*V&+"#D4#$'0*V&C$1+#0#X&0%51&'1&L#5?&.#0%&4$*D1"*"*X&D%.*D&L#&'1&*'4$#)1&*
L%4?(1&5%+&*&%)1&'")#$*
T#&'"$& @&D1'"%&b #&"$19#&6 #
T#&'"$&A6&D1'"%&N ] &"$19#&= &T#&*'"%5&'"$#(*&D1'"%&F3%C#(*D#F&"$19#
Q %Q
T#&'"$&,,&?&$&7&%L%/L%&*'4$1L&
%  &*'4#.#&51&$1P& %
T#&'"$&62&*'4$1L&o&O?0*Q&"$19#&=,
T#&'"$&7&D1'"%&'
  &"$19#&'
-  
T#&'"$& &D1'"%&1 &a&"$19#&1 &Ia
T#&'"$&6&D1'"%&4&"$19#&4$
T#&'"$&AA&?&$&6&%L%/L%&D1'"%&
&"$19#& 
T#&'"$&A @&D1'"%&
-/&"$19#&
-
T#&'"$&A27&D1'"%&]
&"$19#&c
.&#&?&91.1+<*& &(#&*'"%5&'"$#(*&D1'"%&"&"$19#
>(3
T#&'"$& 6&D1'"%&=%  &"$19#&=%  
T#&'"$&2A &D1'"%&>(  &"$19#&>(3  

You might also like