012320405 67897

67 

!"#$"%&'!"(&)&
*
#&'+&)$,%-&
*

.
'*
*
#&'/%-)!-/&#,'%,#-0-1),'&'!"(&
2345*6*37*859:9*;5<=>*79;*?35;9*9:<:@9*;5*;<49A@B*C<*=3;@>D*E7F5@@<*G>;@9*:>7>*;9*A9;<H<>7<*=I9*:<*:>7>*C<:@A<43<@9
;37H>*@3@@>*<;*J59:9*C3A57@9*=<7?39=97@>*577<*9C*6*8>::<4<;9K*89A*37*=A9C97@9K*A<L>;H9A:<*5*:5=9AC>@<K*85:@>A<K
:8<A<@<:@<*9*4545;5>:*=I9*8A5@<=57>*<*A<:89@@<L<*=3;@<*<7*8<975*;<49A@B*9*53@>7>G<5D*E7*@3@@5*;M<:>;5*:>7>*8A9:97@<
=I<9:9K*@9G8;<K*:9G<75A<K*C>L9*<*F9C9;<*8>::>7>*5:=>;@5A9*<*A<@<*=I9*=5A5@@9A<NN57>*;5*;>A>*A9;<H<>79*9*8A9H5A9D
2O6*G5::<G>*A<:89@@>*57=I9*89A*=A9C97N9*C<*>A<H<79*5FA<=575*=>G9*;5*P57@9A<5K*J5;>*Q>7@9*>*J5;>*Q5R>G49K
S9H;5*TA5AU*9*P>=<9@B*P9HA9@5*T45V3UDDD
WXY.Z[\].^\_`]_[abY.a.cYddYbYe.^c]^^a.f[].Y.Xaba].]_g]b]hha`\.ZYbX\.[_.X]`\.YX`Yb_\.g\ZY.i\`ba].X^\ib]bY.j\c̀Y
ac̀bY.^\XY.X[.k[lam
*
*
'
nopqor'sqtuvwxr'tyzvwtuq{qx|vr'}q~uwq'€osxwv'v'q'sxwuvr'q|'y|
sqtyp~qx'sopqx'o|qsqx'v'tv|tyo~vr'~o'+o|uvwqor'~o'‚vwo
wv~qpqx|v'q'!yƒor'tq'wq}„'o'o|uq…q'wvuoppq'o}wqo|q'v'tzop|x~qr
x|}x|v|x'q|'y|'sq†'o~'q'}yxwq'v~~v'|xtuwv'x|v{qx|q'v
otzvuuouq‚vr'q~'towx'v'q~'zwx}o|x
‡5*8>8>;5N<>79*C<*2345*6*G9@<==<5*C5;*837@>*C<*L<:@5*=3;@3A5;9*9*;>*6
57=I9*<7*=5G8>*A9;<H<>:>K*C>L9*=>7L97H>7>*L5A<9*=A9C97N9*;<@3AH<=I9D*T7=I9*C<*?39:@>*:<*6*5AA<==I<@5*;5
P57@9A<5*=I9*<7*@9AA5*=34575*I5*G9::>*A5C<=<*9*:<*6*3;@9A<>AG97@9*5;<G97@5@5*C5*73>L9*F>7@<D
2>7>:=<3@5*57=I9*=>G9*ˆ‰Ydca.gY.Š^‹aˆK*;5*P57@9A<5*6*;5*8<Œ*<G8>A@57@9*A9;<H<>79*C<*>A<H<79*5FA<=575
@A5:8>A@5@5*5*2345*C5H;<*:=I<5L<*C<*?39;*=>7@<797@9K*G9:=>;5@<:<*<7*:9H3<@>*79;;O<:>;5*<;*:<7=A9@<:G>Ž*9*8A5@<=5@5
F<7>*5<*H<>A7<*7>:@A<*C5*37*HA57*73G9A>*C<*F9C9;<*5;*837@>*C<*9::9A:<*=>7L9A@<@5*<7*375*A<;9L57@9*=>G8>797@9
=3;@3A5;9*C9;;O<C97@<@B*75N<>75;9*=34575D*9:@>*=3;@>*6*>A<H<75;9*C9;;OTFA<=5*9?35@>A<5;9K*8<Œ*8A9=<:5G97@9*C9;;5
A9H<>79*=>G8A9:5*@A5*;O57@<=>*A9H7>*C9;*‘5I>G9RD*’>H>K*“97<7*9*<;*:3C”>L9:@*C9;;5*•<H9A<5K*C>L9*L<::9A>
73G9A>:9*@A<4Œ*=I9*5L9L57>*=>G9*<C<>G5*=>G379*<;*ˆ–\b[laˆD*—;@A9*5;;5*;<7H35K*?39:@9*@A<4Œ*C<L<C9L57>*@A5
;>A>*G>;@<*@A5@@<*=3;@3A5;<*9*G>;@9*=A9C97N9*A9;<H<>:9K*:89=<5;G97@9*?39;;5*89A*H;<*ˆ\b]X‹aˆ*=I9*9A57>*A<=>7>:=<3@<
C5*@3@@9*;9*@A<4Œ*C9;;5*A9H<>79D
2>7*;O<7@97:5*@A5@@5*C9H;<*:=I<5L<K*=I9*:<*:L>;:9*C5;*:9=>;>*˜™E*5;*:9=>;>*˜E˜*89A*<;*;5L>A>*79;;9*=97@A5;<*C<
8A>C3N<>79*C9;;>*N3==I9A>K*5AA<L57>*5*2345*?39:@<*79HA<*R>A345*COTFA<=5*=I9*A<3:=<A>7>*5*=>7:9AL5A9*L<L9*;9
8A>8A<9*=A9C97N9*A9;<H<>:9*HA5N<9*5;;5*A9:<:@97N5*>88>:@5*79<*=>7FA>7@<*C9<*;>A>*85CA>7<*9*5;;O54<;9*<C97@<F<=5N<>79
C9H;<*ˆ>A<:I5ˆ*=>7*<*:57@<*C9;;5*A9;<H<>79*=5@@>;<=5*5*85A@<A9*C5*5;=379*=5A5@@9A<:@<=I9*=>G37<*:<*F>7C9*=>:šK*5C
9:9G8<>K*;O<GG5H<79*C<*P57@5*“5A45A5*=>7*;O>A<:I5*2I57H›K*:<H7>A9*C9;*F3>=>*9*C9;*F3;G<79K*C<>*C9;;5*H39AA5œ*>
?39;;5*C<*P57*‡5NN5A>*=>7*“545;Œ*TR6K*57=IO9H;<*C<L<7<@B*C9<*;944A>:<*9*C9;;9*G5;5@@<9*C9;;5*89;;9ŽD
E;*=>G8;9::>*:98>;=A>*ˆR>A345ˆ*6*=>G8>:@>*C5*73G9A>:<*ˆ>A<:I5ˆK*=I9*5;;5*;>A>*>A<H<79*F3A>7>*89A:>75;<@B*A95;<
C>@5@9*C<*ˆa^‹ˆ*8>@9A9Ž*9*A9:<*:57@<*C5<*;>A>*C<:=97C97@<D*‡O>A<:I5*L<979*@A5:F>AG5@>*<7*375*F>AN5*<GG5@9A<5;9
2 521
012320405 67897
67 
!"#$%&%$'()#%*+$,#-!#**(.(/#$+0/($#11#-($23+%(4$1#$%&%$52+%'&$,-#%'#$,&11#11&$'($2%&$'($#11($+**-+)#-1&$/+
!#-(3&%(+$'#%&3(%+*+$6"+!#-1#$#/$1+%*&67$8-+$0/($&-(1"+$,(9$!&%&1!(2*($:'&,&$;"+%0<$#$=+.+/9$>?@:$!($1&%&
A/#002B$C1(0%&-#$'#//#$1*-+'#4$D21&1($!&%$(/$E(%&$'#$>*&!"+$&$F+%*G>%*&%(&$'+$H+'&)+I4$J.+*+/B$C!-#+*&-#
'#//+$*#--+$#$'#//G#11#-#$23+%&4$('#%*(D(!+*&$!&%$/+$K(-0#%$'#$/+1$L#-!#'#1I$#$M#3+?B$C3+'-#$'#//+$)(*+4
('#%*(D(!+*+$!&%$/+$K(-0#%$'#$N#0/+I7$>$;2.+$"+$2%$-2&/&$'($-(/(#)&$+%!"#$J!"9%4$'#+$'#//G+3&-#4$'#//+
D#33(%(/(*B$#$'#/$D(23#$!"#$@$1*+*+$('#%*(D(!+*+$!&%$/+$K(-0#%$'#$/+$;+-('+'$'#/$;&.-#$C,+*-&%+$'#//G(1&/+I7
;&%$/G+.&/(O(&%#$2DD(!(+/#$'#//+$1!"(+)(*9$CPQQRI$3&/*($1!"(+)($?&-2.+4$#3(0-+*($(%$O&%#$2-.+%#$'#$/G>)+%+$#$'(
L+*+%O+1$C,-&)(%!#$'&)#$1($,-&'2!#)+$3&/*&$O2!!"#-&I$!&3(%!(+-&%&$+$,-+*(!+-#$!&%$3+00(&-#$/(.#-*B$($,-&,-(
)#!!"($-(*($+D-(!+%($0(B$3#1!&/+*(1($!&%$/+$-#/(0(&%#$!+**&/(!+7$S%$52#/$,#-(&'&4$%#($52+-*(#-($'($N#0/+$#$%#($,-#11(
'#$/G>)+%+4$1($D&%'+%&$/#$,-(3#$!+1#$'#'(!+*#$+$52#1*&$*(,&$'($!2/*&7$T2#$+))#%(3#%*($D2-&%&$'#!(1()($,#-$2%+
'#D(%(*()+$!2.+%(OO+O(&%#$'#//+$F+%*#-(+U$/G2%(D(!+O(&%#$'($'()#-1($!2/*($?&-2.+$(%$2%+$2%(!+$/(*2-0(+$C/+
'#%&3(%+*+$N#0/+$'#$J!"+I$-+00(2%*+$'+/$6VWXWXWYZ6$C(/$1+!#-'&*#$'#//G&-(1"+$J-2/+4$!&/2($!"#$(%'&)(%+$(/
D2*2-&I$[&-#%O&$F+3B$#$'+//+$12+$1,&1+$[+*2+%$12/$D(%(-#$'#/$1#!&/&$\S\4$/+$'#D(%(O(&%#$$'#//+$6]^_XW`a^`bcd6
C1(1*#3+$'($,-#'(O(&%#$21+*&$'+0/($?&-2.+I$!"#$1($'#)#$+/$.+.+/+e&$A2/&0(&$f2*(#--#O$C'&,&$/G+.&/(O(&%#$'#//+
1!"(+)(*9$-(#1!#$+$*&-%+-#$(%$E(0#-(+4$'&)#$,#-<$-(!#)#$/G&-'(%#$'()(%&$'($D+-$-(*&-%&$+$;2.+$,#-$1*+.(/(-#$/+$N#0/+
'#$SDBU$/G&-'(%#$1+!-&$'#($.+.+/+e&4$0/($2%(!($!+,+!($+$,-#'(-#$(/$'#1*(%&$'($'&%%#$#$2&3(%($3#'(+%*#$/+$8+)&/+$'(
J-2/+I7
S/$1(1*#3+$,#-$,-#'(-#$(/$D2*2-&$21+*&$'+//+$F+%*#-(+4$!&%&1!(2*&$+,,2%*&$!&3#$N#0/+$'#$SDB4$D2%O(&%+
+**-+)#-1&$/+$68+)&/+$'#$SDB6$&$'($J-2/+$C('#%*(D(!+*&$!&%$F+%$g-+%!#1!&$'G>11(1(I$!"#$@$3+%(,&/+*+$'+/
.+.+/+e&4$!+*#0&-(+$1+!#-'&*+/#$!"#$,2<$#11#-#$-(!&,#-*+$1&/&$'+0/($2&3(%($#$1&/&$52+%'&$2%$+/*-&$.+.+/+e&
:'&,&$+)#-$!&%12/*+*&$/+$*+)&/+:$1!&,-#$!"#$,2<$#11#-#$D(0/(&$'($J-2/+7
S$'#%&3(%+*($6hWij^kZh6$:2&3(%($#$'&%%#:$,-+*(!+%&$/+$,-#'(O(&%#$'#/$D2*2-&$52+%'&$(/$1+%*&$!"#$"+%%&
-(!#)2*&$(%$+DD('+3#%*&$/($+2*&-(OO+$,#-$52#1*+$+**()(*B$+**-+)#-1&$2%$1(1*#3+$'#%&3(%+*&$lWkWmZX^h7$
[+$F+%*#-(+4$!&3#$-#/(0(&%#$,-(3(*()+4$"+$2%$!+-+**#-#$,-+03+*(!&$#$+**-+)#-1&$'($#11+$($12&($+DD(/(+*($!#-!+%&
'($-(1&/)#-#$($,-&./#3($1,(-(*2+/($#$3+*#-(+/(7$F&%&$3&/*&$D-#52#%*($/#$D#1*#$'#'(!+*#$+0/($&-(1"+$!&%$321(!+$#
.+//(4$0-+%'#$52+%*(*B$'($!(.&$#$.#)+%'#7$[#$D#1*#$,(9$(3,&-*+%*($1&%&$'($1&/(*&$52#//#$'#/$n$'(!#3.-#4$0(&-%&
'#//G&-(1"+$;"+%0<7$
$
$
opqrqstuqvtwstxsytwzqs{yztysz|v}tsytx~t{€
;&3#$+'&-+%&$(/$1+%*&$52#1*($1#/)+00(
$
‚2#1*&$'(11#-&$,-&.+.(/3#%*#$0/($1,+0%&/($'#//ƒ#,&!+$'#//&$1!"(+)(13&$-(D#-#%'&1($+0/($1!"(+)($'#0/($(%0#%(&1
!2.+%(4$!"#$(%$&!!+1(&%#$'#//#$D#1*#$-#/(0(&1#4$'+%O+)+%&$#$!+%*+)+%&$(%$&%&-#$+/$1+%*&$!+**&/(!&7
F($,#-!"„$/+$/#00#$'#//+$!&/&%(+$&../(0+)+$0/($1!"(+)($+D-(!+%($+$.+**#OO+-1(4$-(%2%!(+-#$+//+$/&-&$D#'#$#
+..-+!!(+-#$(/$!+**&/(!#1(3&7$A$/&-&$/&$D#!#-&4$,#-$1+/)+-#$/+$,-&,-(+$)(*+4$+/3#%&$(%$12,#-D(!(#7
[#$(33+0(%($!+**&/(!"#$1&%&$'#%1#$'($1(3.&/(13&4$,#-$0/($+D-(!+%($+11&!(+-#$52#1*#$(33+0(%($+//#$/&-&$'()(%(*B$D2
2%$,-&!#11&$/2%0&4$3+$(%#1&-+.(/#4$+/$,2%*&$!"#$*2**&-+4$1($D+*(!+$+$'(1*(%02#-#$/+$'(DD#-#%O+$*-+$0/($J-(1"+1$#$(
1+%*($'#//+$!"(#1+4$%&%&1*+%*#$(/$D+**&$!"#$/+$-#/(0(&%#$!+**&/(!+$%&%$1(+$,(9$(3,&1*+$#$!"#$0/($+**2+/($1+!#-'&*(
'#//#$)+-(#$-#/(0(&%($'($!#,,&$+D-(!+%&$,-#1#%*($%#//ƒ(1&/+$1*(+%&$/+)&-+%'&$,#-$1#,+-+-#$/#$'2#$#%*(*B7
g2$!&1…$!"#$/ƒJ-(1"+$;"+%0<4$'()(%(*B$'#//+$3+1!&/(%(*B4$'#//+$02#--+4$'#/$D2/3(%#$#$'#/$*2&%&4$)#%%#$/#0+*&
(%'(11&/2.(/3#%*#$+//+$D(02-+$'($F+%*+$=+-.+-+4$!&3#$@$1*+*&$,&11(.(/#$!"#$2%$J-(1"+$3+1!"(&$!&3#$;"+%0<
D&11#$+..(%+*&$+'$2%+$F+%*+†$F#3,/(!#$F+%*+$=+-.+-+$,&-*+$/#$)#1*($‡ˆ‰Š‹ŒssŽ4$"+$2%+$!&,,+$(%$2%+
3+%&$#$2%+$1,+'+$%#//ƒ+/*-+$#4$-+!!&%*+$/+$12+$1*&-(+4$!"#$12&$,+'-#$)#%%#$2!!(1&$'+/$D2/3(%#$12.(*&$'&,&
+)#-/+$D+**+$'#!+,(*+-#$,#-!"„$!-(1*(+%+7$S$!&/&-($-(*2+/($'($;"+%0<$1&%&$ˆ‘s‡ˆ‰Š‹ssˆ‘sŽ4$/ƒJ-(1"+$@$2%
02#--(#-&$C/+$1,+'+I$#$+3+$.#-#$+//#$D#1*#$C/+$!&,,+I4$(%$&/*-#$@$(/$'(&$'#/$D2/3(%#$!"#$21+$+%!"#$,#-$!+1*(0+-#
0/($2&3(%($(%'#0%($C(/$,+'-#$'#//+$F+%*+I7$A$+%!&-+4$(%$2%&$'#($-+!!&%*($!"#$-(02+-'+%&$;"+%0<4$1($'(!#$!"#$2%+
)&/*+$'&)#**#$*-+)#1*(-1($'+$'&%%+$,#-$1D200(-#$+($12&($%#3(!(
‚2(%'($(/$1(%!-#*(13&$*-+$(/$1+%*&$!+**&/(!&$#$/ƒJ-(1"+$,2<$%+1!#-#$'+$2%+$3&*()+O(&%#$,-&D&%'+$&$'+$2%+
1(3(/(*2'(%#$#1*-#3+3#%*#$1#3,/(!#$#'$(%0#%2+4$'&)2*+$+%!"#$+/$D+**&$!"#$0/($1!"(+)($+D-(!+%($%&%$1+,#)+%&
+11&/2*+3#%*#$%(#%*#$'#($'&03($'#//+$!"(#1+$#$!-#'#)+%&$!"#$&0%($(33+0(%#$D&11#$+$1#$1*+%*#4$%&%$!+,()+%&4
#$,-&.+.(/3#%*#$%&%$#-+%&$(%*#-#11+*($+$!+,(-#4$!"#$'2#$'()#-1#$(33+0(%($'#//+$K#-0(%#4$!&%$'2#$%&3($'()#-1(
D&11#-&$-#/+*()#$+//+$1*#11+$,#-1&%+4$,#-$/&-&$%&%$+)#)+$1#%1&

’{rt’t“

2 021
012320405 67897
67 
!
"#$%&#%!'(!)**+!,-##-!-&-$$%!#-(!.'/'(-!01!2-3('4!#-1!$-&&-#1!0-(!"#3-#1%!56'1.'7'&4!6#'!.'/68%('!.9-
.6/$%01,'!6#!177'31#-!0-(('!:-&31#-4!('!2-3%('!;2-3('<!01!='#$>!?3%/$1#%@!;2'..%#$'!6#'!(-33-#0'!.1&.'!1(
:-/.%,%!?3%/$1#%4!0-$$%!(>'A&1.'#%!#'$%!-!7%&$%!1#!?A&1.'!;B*+CDB*<4!.9-!E6'#0%!-&'!7%($%!31%,'#-!-FF-!('
&1,-('G1%#-!01!6#!'#3-(%!.9-!3(1!%&01#H!01!1#$'3(1'&-!#-(!(-3#%!6#>177'31#-!.9-!0%,-,'!.%((%.'&-4!F-#!%&#'$'4
#-(!/6%!%&'$%&1%@!"!/-.%(1!.'#.-(('&%#%!1(!#%7-!.9-!='#$>?3%/$1#%!0%,-$$-!0'&-!'((>177'31#-4!7'!/-7F&'!.9-
A%//-!:-&31#-!0-(('!2-3%('@!I1.1'//-$$-!'##1!0%8%!('!/6'!7%&$-4!6#!01/.-8%(%!01!?3%/$1#%4!.%#%/.1$%&-!0-(
/-3&-$%!0-(('!&1,-('G1%#-4!.91'7'$%!J18&1'#%4!8-&!-,1$'&-!.9-!('!A136&'!,-#1//-!8&%A'#'$'!0'1!F'&F'&14!17F'&.H
(>177'31#-!1#!6#'!81..%('!#',-!-!'&&1,H!/6((-!.%/$-!0-(('!=8'3#'4!,1.1#%!'(!(6%3%!0%,-!/1!$&%,'!'$$6'(7-#$-!('
:-&31#-!0-(('!2-3%('4!#-(('!,1(('!01!J9181%#'4!JK01G@!=1!01.-!.9-!#%#%/$'#$-!6#'!$-78-/$'!.9-!(1!/%&8&-/-!1#
7-GG%!'((%!/$&-$$%!01!51F1($-&&'4!(>177'31#-!#%#!/1!&%,1#H!-!#%#!-FF-&%!8-&1.%(%!#-!J18&1'#%4!#-!('!81..%('
17F'&.'G1%#-4!E6-/$%!L!/$'$%!.%#/10-&'$%!1(!/6%!8&17%!71&'.%(%4!.9-!,-##-!'781'7-#$-!.%77-#$'$%!0'
7'&1#'1!-!8-/.'$%&1@!I1,-##-!.%/M!('!8'$&%#'!0-1!7'&1#'1@<!I6-!'##1!0%8%!('!.'/68%('!,-##-!01/$&6$$%!0'!6#'
$-78-/$'4!N6'#!O'&$M#!01!JP-#0%4!6#'!6%7%!81-$%/%!-!7%0-/$%4!.%/$&6M!.%#!(-!8&%8&1-!7'#14!-!.%#!(>'16$%
-.%#%71.%!01!I%#!?(%#G%!=K#.9-G!J'F-((%4!.%77-&.1'#$-!Q'F'#-&%4!6#'!.'88-(('!@!:-##-!$-&71#'$'!#-(!)**D4
E6'#0%!'&&1,H!'!R'!Q'F'#'!6#'!#6%,'!177'31#-!0-(('!,-&31#-4!8%&$'$'!0'!/-&3-#$-!7'331%&-!I%#!S-0&%!0-
?&'#0'@!R'!1/$'(('&%#%!#-(('!.'88-(('@!RM!01,-##-!%33-$$%!01!3&'#0-!0-,%G1%#-!-!1(!TB!01.-7F&-!0-(!)U)D!,-##-
8&%.('7'$'!8'$&%#'!0-(('!F'1'@!R-!/6-!A-/$-!01,-##-&%!8%8%('&1!1#!$6$$-!(-!.('//1!/%.1'(1@!V1'#.914!#%F1(1!-!#-3&1
/.91',14!(1F-&'$1!8-&!8%.91!31%&#14!F-,-,'#%!'.E6',1$-!-!%&3'#1GG','#%!(%$$-!01!3'((1!-!1#'/8-$$'$-!.%&&10-!01
$%&1@!W-((>'&1'!/1!/-#$1,'#%!'((-3&1!.%&1!0-01.'$1!'(('!0%(.-!O'&1'4!7'!'#.9-!8&%A%#01!/6%#1!01!XYZ[!.9-
-,%.','#%!\-7'PK4!('!8%$-#$-4!(>'($&'!7'0&-@!"(!/1#.&-$1/7%!01!\-7'PK!.%#!('!]^_`abcdacea`fY!&1/6($H
#'$6&'(-4!('!:-&31#-!L!('!7'0&-!01!I1%4!F1/%3#'!'$$&',-&/'&-!1(!7'&-!8-&!,-0-&('!-!&1/1-0-!/6(('!/6'!/8%#0'g
\-7'PK!L!('!8%$-#$-!7'0&-!01!$6$$1!3(1!h&1/9'/4!('!71/-&1.%&01%/'!&-31#'!0-(!7'&-4!.9-!L!('!/6'!017%&'@
ijklmnlopjkqrkpnsk
tstuuvnwoL!1(!8&17%!%&1/9'!'0!-//-&-!/'(6$'$%4!1(!8&17%!'!&1.-,-&-!E6'(6#E6-!%AA-&$'4!1(!8&17%!;-
(>6($17%<!.61!/1!.'#$'!#-((-!.-&17%#1-!-!#-((-!A-/$-!-0!'#.9-!1(!8&17%!.9-!,1-#-!&1.-,6$%!0'1
.&-0-#$14!1#/1-7-!.%#!h33x#4!h.9%//1!-!h/6#4!1#!6#!3&688%!0-#%71#'$%!5yz22z2h=@!z>!(>%&1/9'
.9-!.6/$%01/.-!('!.'/'4!'8&-!-!.9160-!(-!8%&$-!'(!0-/$1#%4!&'88&-/-#$'!1(!F-#-!-!1(!7'(-4!('!#%$$-!-
1(!31%&#%4!('!01/3&'G1'!-!('!A-(1.1$K@!{&'01G1%#'(7-#$-!('!/6'!A136&'!L!/$&-$$'7-#$-!,1#.%('$'!'!E6-(('
01!trmv4!(>1#.'&#'G1%#-!0-1!8&%F(-71!-!0-((-!01/3&'G1-!0-((>6%7%@!"!/6%1!.%(%&1!/%#%!1(!&%//%!-!1(!#-&%4
1!/6%1!31%&#1!1(!(6#-0M4!1(!7'&$-0M!-!%3#1!B!0-(!7-/-@!:1-#-!/1#.&-$1GG'$%!.%#!1(!='#$%!W1|%!01!?$%.9'4
='#$>?#$%#1%!0'!S'0%,'!-!(>?#17'!=%(1$'&1'@
iuuvqo1(!A'FF&%4!,1%(-#$%!-!'/$6$%!L!(>%&1/9'!0-1!71#-&'(14!(-!7%#$'3#-4!3(1!'$$&-GG14!1!A'FF&14!1
/%(0'$1@!2'88&-/-#$'!1(!&'..%3(1$%&-4!1(!.'..1'$%&-!/%(1$'&1%!.9-!,'3'!#-(!F%/.%!-!#-!.%#%/.-!$6$$1!1
/-3&-$1@!=17F%(1GG'!1(!36-&&1-&%!F&6/.%4!F'&F'&%!-!F-/$1'(-@!z>!1(!/13#%&-!0-((-!.91',14!(-!.'$-#-!-0!1(
.'&.-&-@!z>!.%#/10-&'$%!.%7-!6#'!0-((-!7'#1A-/$'G1%#1!81x!'#$1.9-!0-3(1!P%&6F'@!"!/6%1!.%(%&1!/%#%
1(!,-&0-!-!1(!#-&%4!1!/6%1!31%&#1!1(!7'&$-0M4!1(!7-&.%(-0M!-!1(!D!01!%3#1!7-/-@!:1-#-!/1#.&-$1GG'$%!.%#
='#!S1-$&%@
irmillk!1(!.'..1'$%&-4!8'$&%#%!01!.%(%&%!.9-!9'##%!8&%F(-71!.%#!('!316/$1G1'4!7'3%4!1#0%,1#%4
36-&&1-&%4!.'..1'$%&-!-!8-/.'$%&-4!(%!/>1#,%.'!8-&!',-&-!8&%$-G1%#-!E6'#0%!F1/%3#'!'AA&%#$'&-
6#>%8-&'G1%#-!.91&6&31.'@!"!/6%1!.%(%&1!/%#%!1(!F(6!8&6//1'!-!1(!&%//%!.%&'((%4!1!/6%1!31%&#1!/%#%!1(
(6#-0M!-!1(!7-&.%(-0M!-!1(!D!01!%3#1!7-/-@!=1!/'(6$'!'(G'#0%!('!3'7F'!/1#1/$&'!-0!171$'#0%!.%#!(-
7'#1!1(!('#.1%!01!6#'!A&-..1'@!:1-#-!/1#.&-$1GG'$%!.%#!='#!W%&F-&$%@
ilvqo1(!7-//'33-&%!01!hF'$'(K!-!h(%A14!L!1(!36'&01'#%!0-(('!$-/$'!0-3(1!6%71#14!h&6('!/1!'88%331'!'
(61!8-&!%$$-#-&-!1(!8%$-&-!0-(('!01,1#'G1%#-!-!('!.%#%/.-#G'!0-(!&-'(-!-!0-(!$&'/.-#0-#$-4
&'88&-/-#$'!('!,1$'!/$-//'@!5(1!'88'&$-#3%#%!$6$$1!1!.%(%&1!;h/6#!,6%(!01&-!}81$$6&'}<4!1(!/6%1!31%&#%
L!1(!31%,-0M@!:1-#-!/1#.&-$1GG'$%!.%#!='#!5%,'##1!V'$$1/$'@
ijvsn!(>1#0%,1#%4!1(!F-#-A'$$%&-!0-((>67'#1$K4!1(!/6%!8&1#.18'(-!.%#/13(1-&-!8-&.9~!3(1!&1,-('!1(!A6$6&%
-!3(1!8-&7-$$-!01!1#A(61&,1@!S-&/%#1A1.'!('!/'33-GG'4!('!8%//1F1(1$K!01!1#A(61&-!/6(!8&%8&1%!0-/$1#%4
'#.9-!1(!81x!',,-&/%4!7-01.%!-!/13#%&-!01!6#%!0-1!E6'$$&%!,-#$1@!J91!#%#!'/.%($'!1!/6%1!.%#/13(14!/1'
6%7%!%!h&1/9'4!86H!-//-&-!,1$$17'!0-(('!7'('!/%&$-!8%&$'$'!0'!z.96@!"#$%&#%!'0!h&6('!/1!L!A%&7'$%
6#!.%78(-//%!&-(131%/%!.9-!(%!/1#3%('&1GG'!&1/8-$$%!'!$6$$1!3(1!'($&1!h&1/9'/@!S-&!-//-&-!/'.-&0%$-!01
"AK!%!F'F'('%4!#%#!L!178&-/.1#01F1(-!-//-&-!/'#$-&%4!'#.9-!/-!#%&7'(7-#$-!L!.%/M@!"(!/6%!8%$-&-
L!$'#$%!3&'#0-!.9-!E6'#0%!&-.('7'!E6'(.6#%!.%7-!/6%!A13(1%4!E6-/$1!0-,-!'FF'#0%#'&-
E6'(6#E6-!'($&%!h&1/9'!-!0-01.'&/1!'!h&6('@!=%(%!3(1!6%71#1!;#-'#.9-!3(1!%7%/-//6'(1<!8%//%#%
-//-&-!F'F'('%/4!'(.6#-!0%##-!9'##%!'..-//%!'(!7%#0%!01!"AK!01,-#$'#0%!?8-$-F1!-!,-#3%#%
.%#/10-&'$-!/8%/-!0-(('!01,1#1$K!-!8'&$-.18'#%!'0!'(.6#1!0-1!/6%1!/-3&-$1@!"!/6%1!.%(%&1!/%#%!1(!,-&0-
-!1(!31'((%4!3(1!'88'&$-#3%#%!$6$$1!1!31%&#1!01!A-/$'!-!1(!D!%$$%F&-@!:1-#-!/1#.&-$1GG'$%!.%#!='#
€&'#.-/.%!0>?//1/1@
2 321
012320405 67897
67 
"##$%&'()*+&,-&.)&/012&(3''(-4-563&)&*)46-()&-&)&4-7(-6)&.-883&*+(6-9&:)75+(-&.-883&4+8)6;.)5-2&<
35.(+7)5+9&=&4;+)&>+8+()&4+5+&)8&?)35>+2&)8&(+44+&-&)8&5-(+9&=8&4;+&7)+(5+&<&)8&7)+@-.A9&:)&4)5>(-6)BB3
>+5&)8&C+*-&.)&D-4E&-&)8&:356)44)*+&:3>(3*-56+9
"FF%G%H%I&>(-36+(-&.-883&6-((3&-&4>;86+(-&.-88J-44-(-&;*35+2&<&83&.)@)5)6K&';(3&'-(&->>-88-5B32
4)75+(-&.)&6;66+&>)1&>L-&<&?)35>+2&.-883&6-4632&.-)&'-54)-()&-&.-)&4+75)9&M-55-&)5@)36+&4;883&6-((3&.3
/8+N)&'-(&N3(-&)8&?-5-&-&'-(&7+@-(53(-&)8&')35-632&<&*)4-()>+(.)+4+&-&3*356-&.-883&'3>-&-
.-88J3(*+5)39&O;66)&78)&/()4L34&8+&()4'-6635+9&C+5&'-(*-66-&3&5-44;5+&.)&4'+78)3(4)&)5&4;3&'(-4-5B3
+&.)&'(+5;5>)3(-&'3(+8-&)57);()+4-&+&@+873()9&:->+5.+&83&4;3&*35)N-463B)+5-&';1&-44-(-&;+*+&+
.+5532&@->>L)+&-&4377)+&+&7)+@35-&-&7;-(()-(+9&=8&4;+&>+8+(-&<&)8&?)35>+9&D-5-(38*-56-&@)-5-
4)5>(-6)BB36+&>+5&83&M-(7)5-&.-&83&P-(>-.-49
"QRI.)@)5)6K&6;6-83(-&.-88-&*+56375-9&SJ&83&N+(B3&-&)8&7;3(.)35+&.)&6;66)&)&4356)9&:)&4)5>(-6)BB3&>+5
:356)37+&.-&T+*'+46-832&'36(+5+&.)&:'3753
URV%U%I&*3.(-&.-883&@)632&4)75+(3&.-8&*3(-2&N+56-&N+5.3*-5638-&.)&@)639&W-&')3>-&>3>>)3(-&-
*35-77)3(-&)8&*3>L-6-2&<&)5.+*3?)8-&-&346;632&)&4;+)&>346)7L)&4+5+&.;()&-&83&4;3&>+88-(3&6-(()?)8-2
*3&7);46)B)-(32&*3&<&35>L-&*3.(-&.+8>-&>L-&34>+863&8-&()>L)-46-&.-)&4;+)&N)78)&-&4)&'(-+>>;'3&'-(&)8
8+(+&4+46-563*-56+9&=&4;+)&>+8+()&4+5+&)8&?8;&-&)8&?)35>+2&@-46-&>+5&4-66-&7+55-&4+@(3''+46-2&;5
>+('-66+&?8;&>+5&4-('-56)5-&?)35>L-&-&;53&>)563&>+5&;5&(+*?+&>L-&>+'(-&8J+*?-8)>+9&=8&4;+&7)+(5+
<&)8&43?36+9&:)&4)5>(-6)BB3&>+5&83&M-(7)5-&.-883&,-7+839
XY%Z["I&.)+&.-8&N;+>+2&.-8&N;8*)5-2&.-8&6;+5+&-&.-883&7;-((39&\-)&63*?;()&?36K2&.-883&.35B3&.-883
*;4)>3&-&83&?-88-BB3&@)()8-9&,3''(-4-563&)8&*377)+(&5;*-(+&.)&@)(6E&-&)*'-(N-B)+5)&;*35-2&<
83@+(36+(-2&>+(377)+4+2&?;+5&3*)>+2&)5.+@)5+&-&7;3()6+(-2&*3&<&35>L-&?;7)3(.+2&.+553)+8+2&()44+4+
-&7)+>36+(-9&];+5&'3.(-&N)5>L^&)8&N)78)+&+??-.)4>-2&*3&5+5&8+&3**-66-&>+.3(.+&+&-NN-*)536+9&=
4;+)&>+8+()&4+5+&)8&(+44+&-&)8&?)35>+2&)&4;+)&7)+(5)&4+5+&)8&@-5-(.A&-&)8&_&.-8&*-4-9&M)-5-&4)5>(-6)BB36+
>+5&:3563&]3(?3(3
"XY$Z&4)75+(3&.-88J3*+(-&-&.-883&N-**)5)8)6K2&.)@)5)6K&.-8&N);*-2&<&)8&4)*?+8+&.-883&>)@-66-()3&-
.-883&7(3B)3&N-**)5)8-2&3*356-&.)&TL35712&3*)>3&.)&S8-77;K&>L-&83&'(+6-77-9&`>>+*'3753&4-*'(-
a-*30K9&M)@-&5-8&N);*-&-&344)46-&8-&7-46356)&-&8-&'3(6+()-56)9&M)-5-&(3''(-4-56363&>+*-&;53
*;83663&?-8832&4)*'36)>32&?(3@3&?388-()53&-&4-*'(-&388-7(39&SJ&>3'3>-&6356+&.)&()4+8@-(-2&b;356+&.)
'(+@+>3(-2&8)6)&6(3&78)&/()4L3&-&6(3&78)&;+*)5)9&=8&4;+&>+8+(-&<&)8&7)388+2&*3&78)&@-57+5+&366()?;)6)
35>L-&)8&@-(.-&3>b;3&-&)&>+(388)5)9&=8&4;+&7)+(5+&<&)8&43?36+9&:)&4)5>(-6)BB3&>+5&83&M-(7)5-&.-883
T3().3.&.-8&T+?(-2&'36(+53&.)&T;?39
cFRUcd&7-*-88)&.)@)5)2&N)78)&.)&TL3571&-&/>LE52&>(-4>);6)&.3&a-*30K9&e(+6-77+5+&)&?3*?)5)9&:+5+
4)5>(-6)BB36)&>+5&)&:356)&T+4*3&-&\3*)35+
"U%IfU%Zd%I&3*356-&.)&TL35712&4)75+(3&.-8&N;8*)5-&-&.-8&>)*)6-(+9&M)+8-563&-&)*'-6;+432&3*3&83
7;-((3&-&3>>+*'3753&TL3571&5-88-&4;-&>3*'375-2&>+5&)8&4;+&-4-(>)6+&.)&4')()6)2&>+*?366-5.+&>+5
.;-&4'3.-9&M)@-&3883&'+(63&.-8&>)*)6-(+&+&5-)&4;+)&.)56+(5)9&T+5&S8-77;K2&/(;83&-&/?3638K2&.+*)53&)
b;366(+&@-56)9&e+44)-.-&6;66)&)&>+8+()&6(355-&)8&5-(+2&)8&4;+&7)+(5+&<&)8&@-5-(.A9&:)&4)5>(-6)BB3&>+5&83
M-(7)5-&.-883&T35.-8+(3
"FF%&*+78)-&;NN)>)38-&.)&TL35712&>L-&83&()';.)1&b;35.+&8-)2&'-(&3*+(&4;+2&4)&6378)1&;5&+(->>L)+9
:)75+(3&.-)&837L)&-&.-88-&837;5-9&SJ&83&7;3(.)353&.-88-&6+*?-9&SJ&)8&4)*?+8+&.-883&N-.-86K&>+5);738-&-
@)-5-&(3''(-4-56363&>+*-&;53&7)+@35-&.+553&4-54;38-&-&.388-&>3(5)&4+.-9&=&4;+)&>+8+()&4+5+&)8
(+43&-&)8&7)388+9&=8&4;+&7)+(5+&<&)8&@-5-(.A9&M)-5-&4)5>(-6)BB363&>+5&:3563&,)63&.3&T34>)39
F%F%H$If%URI&.)@)5)6K&.-88-&*38366)-2&4356+&*+86+&@-5-(36+&-&'(-736+&'-(&+66-5-(-&83&7(3B)3&.-883
7;3()7)+5-9&=8&4;+&>+8+(-&<&)8&@)+83&@-4>+@)8-9&=&4;+)&7)+(5)&4+5+&)8&*-(>+8-.A&-&)8&@-5-(.A9&:)
4)5>(-6)BB3&>+5&:35&W3BB3(+
"gcdY%f"Q"&.)@)5)6K&.-883&6-((32&.-88J37()>+86;(3&-&.-)&(3>>+86)9=&4;+)&>+8+()&4+5+&)8&(+44+&-&)8
?)35>+9&=&4;+)&7)+(5)&4+5+&)8&8;5-.A2&)8&*3(6-.A&-&)8&hi&.)&+75)&*-4-9f:)&4)5>(-6)BB3&>+5&:35&=4).+(+
"d%cZ&4)75+(-&.-883&536;(32&83&536;(3&46-4439&j3&;53&4+83&*35+2&;53&4+83&73*?32&;5&+(->>L)+
7(35.-&.3&>;)&<&4+(.+&-&;5+&')>>+8+&.3&>;)&4-56-&6;66+2&35>L-&)8&@+8)&.-78)&)54-66)9&SJ&)8&4)75+(-&.)
6;66-&8-&-(?-&>L-&L355+&'+6-(-&*37)>+&+&>;(36)@+2&?)4+753&>L)-.-(-&3&8;)&)8&'-(*-44+&'-(
(3>>+78)-(8-9&=8&4;+&>+8+(-&<&)8&@-(.-2&)8&4;+&7)+(5+&)8&@-5-(.A9&:)&4)5>(-6)BB3&>+5&:35&:)8@-46(+9
k(35>-4>3&.-8&T3(*-5
k+56)&>+54;8636-l
C3638)3&]+8)@3(&`(146-7;)
`4L<&;53&(-@)463&-4'->)38)B3.3&-5&:356-()3
e-(&8-&)**37)5)&+()4L3m-?9>+*

2 !21
012320405 67897
67 
"#$%#&'()*#
+,#-./%#$0*$1*2$0*$,&#$)(-*3*/&(
45678945:;86<=>5
$?5@6>=AAB5C:D86E=6FGEDH986456I:9J86KLLK
$
MH96C:>59H6:6N8;486B:6C=BD=9:6C=A:;:6;8;6O6>8EE5A5BH6>9HEC5;4H9H64:BB:6E:;DH95:6H64:56E=85695D=:B5P6QR6N89EH6=;8
4H56I5EDH956>5S6:NN:EC5;:;D56CTH6=;5ECH6B:6U:95H?:D:6>8>8B:J58;H64HB6C:95AHV6C8I>8ED:64:6=;6C98?58B864569:JJH6H
C=BD=9H6:I:B?:I:DH64:6DHI>865;6=;6>8>8B86C:>:CH6456EH;D59H6C8;6N89J:6B:6>98>95:6=;5D@6;:J58;:BHP6W6X=A:6O
=;:6AHEDHII5:6E8B86>:9B:9H64569:JJ5EI8Y6C9H8B5V6A5:;CT5V6I=B:DD56H6;H?956C8;U5U8;864:6EHI>9H6EH;J:6>98ABHI56H
B:6E:;DH95:6T:6B:6E=:6>:9DH6456IH95D8P6QR6UH986CTH6BR5;DH;E5D@6C8;6B:6Z=:BH6E56>9:D5C:6Z=HED:69HB5?58;H6;8;6O
=;5N89IHV65;N:DD56:6[95H;DH6\]:;D5:?86H6^:9:C8:_6B:6E=:65;NB=H;J:6O6I:??589H6CTH6:6[CC54H;DHV6C8E6̀C8IH6;HBBH
C:I>:?;H6B:69HB5?58E5D@6O6>5S645NN=E:695E>HDD86:56?9:;456CH;D956=9A:;5P6^:ED:6:??59:9E56=;6>8R6>H9656Z=:9D5H9564H
<RWU:;:6>H969H;4H9E56C8;D86CTH6:67=:;:A:C8:6E56>9:D5C:;8695D56E:;DH9565;6I5E=9:6E=>H9589H695E>HDD86:56Z=:9D5H95
CH;D9:B564HB6aH4:486H6F59:I:96H6CTH6B@648UH6B:6>8>8B:J58;H6;H9:6O65;6I:??589:;J:6B:6E:;DH95:6T:6=;:
>H9CH;D=:BH6456>9:D5C:6H645NN=E58;H6;8DHU8BHP6Q6Z=HED86O6:AA:ED:;J:68UU586EH6E8B86E56>H;E:6:BBH6895?5;5645
Z=HEDH6C9H4H;JHP
<:6E:;DH95:6;:ECH6;HBB:6b5?H95:6E=468CC54H;D:BHV6B:6>:D95:64H?B566c89=A:V6CTH65;
>5H;86daee6EHC8B86N=98;864H>89D:D56;HB6b=8U86F8;486C8IH6ECT5:U5P6f=6C8E6̀CTH6?B5
:N95C:;56D9:ENH9598;86:6X=A:6B:6B8986>5DD89HEC:6H6U:958>5;D:6I5D8B8?5:6CTH6>9HEH
;8IH6456B=C=IP̀6<H645U5;5D@V6CT5:I:DH6895ET:V6C5695C894:;86I8BD864:6U5C5;86?B564H5
4HBBR[B5I>86?9HC86>H9CTg6E8;86=;6C8:CH9U86456U5J56H645NHDD56=I:;5P6<:6EDHEE:
9HB5?58;H6:N95C:;:6E5645NN=EH6;HB69HED864HBBRWIH95C:6CH;D986h6IH95458;:BH6C8;645UH9EH
I845N5C:J58;5P6W6>=986D5D8B86HEHI>B5N5C:D5U86459HI86CTH65;6^9:E5BH64HDDH6U5D:6:B
C:;48IABg686I:C=IA:6H6:46i:5D56:B6U=4SP6W6X=A:65B6D9:DD86N8;4:IH;D:BH6456Z=HBB:
CTH6E56CT5:IH9@6E:;DH95:6O64:D864:6=;:6C8II5ED58;H6H654H;D5N5C:J58;H64HBB:
I5D8B8?5:6B=C=I6̀C8;6B:65C8;8B:D95:6C:DD8B5C:64H5648I5;:D8956E>:?;8B5P67B56ECT5:U5
:N95C:;56E56>9H8CC=>:98;864568CC=BD:9H6BH6B8986>9:D5CTH6I:?5CTH6H69HB5?58EH6:?B568CCT564H?B56E>:?;8B5V6CTH6;8;
E8;86I:56ED:D56=;6HEHI>586456D8BBH9:;J:P6f=6C8E6̀CTH6?B56895ET:6>9HEH98656;8I564H56E:;D56C95ED5:;56H65695D56I:?5C5
G89=A:66:;4:98;86>98?9HEE5U:IH;DH6:6N8;4H9E56C8;6BH6D9:45J58;564HBB:6XT5HE:6C:DD8B5C:P6QCC86>H9CTg6O
:>>98>95:D86>:9B:9H6456E5;C9HD5EI869HB5?58E86:6>98>8E5D864HBB:6E:;DH95:V6CTH68??56E=A5ECH6>HE:;DHIH;DH
BR5;NB=H;J:64HB6C:DD8B5CHE5I8P6j=H56E:;D56CTH6EH9U5U:;865;5J5:BIH;DH6E8B86:6I:ECTH9:9H6B:69H:BD@6456=;6C=BD86CTH
UH;5U:64:BBRWN95C:V6:4HEE86E8;86=;:6C8E:6E8B:6H65;EC5;45A5BH6C8;65695E>HDD5U56895ET:P6WB6?589;864R8??56;8;6CRO
E:;DH986CTH6;8;6E5645C:6C:DD8B5C86H6CTH6;8;6E5:6A:DDHJJ:D8P6<:6;HCHEE5D@6456=;6DHI>866E56O6D9:EN89I:D:65;6=;:
9HB5?58;H6;=8U:6CTH6;8;6;:EC8;4H6>5S6;5H;DH6:6;HEE=;8V6I:6O645UH;D:D:6=;6C:DD8B5CHE5I86E=56?H;H95EV
C8ED9HDD86:6N:9H656C8;D56C8;65695D=:B56UH;=D564:BBRWN95C:6Z=:DD98CH;D86:;;56N:P6W6X=A:6B:6XT5HE:6;8;6>=k6CTH
CT5=4H9H6=;68CCT586EH6U=8BH6C8;UH9D59H6H6N:9E56:CCHDD:9HV6>H9CTg6Z=:6;8;6O6>8EE5A5BH6>9HEC5;4H9H64:BB:
D9:45J58;HP6Q46O6Z=HBB86CTH6ED:6N:CH;48V6C8IH6:6E=86DHI>86T:6N:DD865B69H?5IH6C8I=;5ED:V6>H965I>8ED:J58;H
C=BD=9:BH68ED5BH6:68?;56C=BD869HB5?58E8P
<:6E:;DH95:6O6=;:69HB5?58;H6DH99H;:V6=;6E5EDHI:6I:?5C8h9HB5?58E8648UH68?;56895ET:6E5654H;D5N5C:6C8;6=;
:E>HDD864HBB:6;:D=9:6H6D98U:65B6E=86C8995E>HDD5U86;HBB:6D9:45J58;H6C:DD8B5C:P6XT:;?k6O6]:;D:6^:9A:9:6H
?8UH9;:65B6N=8C8V65B6D=8;86H65B6N=BI5;HV68BD9H6:6HEEH9H65B6E5IA8B864HB6>8DH9H6A9=D8V64HBB:6>:EE58;H6H64HBB:
U595B5D@P6[ET=;6U5H;H69:NN5?=9:D:6C8IH6b8ED9:6]5?;89:64HBB:6X:954:464HB6X8A9HV6B:6>:D98;:6456X=A:V6H
E5IA8BH??5:6BH6:CZ=H64HB6N5=IHV68BD9H6:6HEEH9H695C8;8EC5=D:6C8IH64H:64HBBR:I89HV64HBB:6NH9D5B5D@6H64HB
I:D95I8;58P6cHI:G@6O6:EE8C5:D:6:6b8ED9:6]5?;89:6456lH?B:V6>:D98;:64H6<RWU:;:6H6E5IA8B5C:IH;DH
9:>>9HEH;D:65B6I:9HP6W6BH56E5695U8B?8;86BH648;;H65;6I:DH9;5D@6>H9695CHUH9H6>98DHJ58;HP6QBH??=@6E569:NN5?=9:
C8IH6]:;DRW;D8;5864:6M:48U:V6I:6>H96B:6D9:45J58;H6E:;DH9:6O65B6A:IA5;864H?B564H5V65I>9HUH45A5BH6H
EC8;CH9D:;DHP6e6E=856>8DH956E8;86H;89I5Y6:>9H6D=DDH6BH6ED9:4H6H6?8UH9;:65B64HED5;8V69H;4H;486>8EE5A5BH
8?;565I>9HE:P6[A:D:B@6O6b8ED9:6]5?;89:64HBB:6F5EH95C8945:6H46O69:NN5?=9:D86C8IH65B6C9H:D89H64HB6?H;H9H
=I:;8P6[G@6O6]:;D:6mH9HE:6H6E5IA8BH??5:656UH;D5V68BD9H6:6U5?5B:9H6E=6C5I5DH956H6N=BI5;5P6[??S;6E5
54H;D5N5C:6C8;6]:;6M5HD986H46O65B6>:D98;86456D=DD5656IHD:BB5V6>98>9586>H96Z=HED86>98DH??H6:?95C8BD895V
C:9>H;D5H95V6I:CHBB:5V6CT59=9?T5V6IHCC:;5C56H6>8B5J58DD56H6D=DD56C8B8986CTH6B:U89:;86C8;6IHD:BB5686:9I5
IHD:BB5CTHP
WAA5:I86C5D:D86E8B86BH645U5;5D@6I:??5895V6>H96:;4:9H68BD9H6;8;6A:EDH9HAAH6B86E>:J586456=;6:9D5C8B8V6C8E`
C8IH65;DH9HEE:;DH6E:9HAAH6:>>98N8;459H6BH6BH??H;4H6CTH6E56;:99:;86:DD89;86:68?;56895ET:P6<:6I5D8B8?5:
CTH6E56O6EU5B=>>:D:6;H56EHC8B56:DD89;86:BBH6E5;?8BH6N5?=9H6;8;6T:6;5H;DH64:65;U545:9H6:6Z=HBB:6CB:EE5C:645
D9:45J58;H6?9HC86n698I:;:P
7B56895ET:6UH;?8;86>98>5J5:D56C8;6E:C95N5C5V6I:6;8;6EHI>9H6CRO6A5E8?;86456=;:6U5DD5I:6H6456=;8
E>:9?5IH;D86456E:;?=HP6M5S6N9HZ=H;DHIH;DH6E568NN98;86N9=DD5V6N5895V6C:;4HBH68656C5A56>9HNH95D564:?B56895ET:P
2 !21
012320405 67897
67 
"#$%#&'%%($)$'**(%+($,#-$#.,'%+)/+#$0'1'$0($0#$2(3'/'$%#0'13(%($,%'41(.#$.'1+'$2(1#&)+#$($0',%)++5++'$0#
%#&'%%($)1$0)&%#*#&'$2#$0)/65($0'1'$75)/2'$8$)$%#0&9#'$1)$3#+)$2#$5/)$,(%0'/):
;#00#).'$5/$)1+%'$,5/+'$*(%.'$2#&(/2'$&9($1)$0)/+(%#)$/'/$8$5/$&51+'$'$5/)$,%)+#&)$.)6#&)<&'.($.'1+#
/(1$,)00)+'$9)//'$+(/+)+'$2#$1#75#2)%1):
=$0)/+(%'0$0'/'$0'1+)/+'$1)$3'&($+(%%(/)$2(61#$'%#09)<$&'0>$&'.($#$4)4)1)?'0$0'/'$'%)&'1#$)/&'%)$,#-
,'+(/+#<$5/)$0'%+)$2#$0'..#$0)&(%2'+#$2(11)$0)/+(%#):$@5++#$,)%1)/'$0(.,%($,(%$4'&&)$2(#$0)/+#$($2(61#
2(#$($+%)$1'%'$8$0'1'$5/)$75(0+#'/($2#$6(%)%&9#)$($2#$,'+(%(:$=1$0)/+(%'$%#0,(++)$#1$4)4)1)?'$($#/$&)0'$2#
2544#'$#/+(%,%(+)+#3'$&9#(2(%A$0(.,%($)$15#$5/)$0,#(6)B#'/($(0)5%#(/+(:
=1$C#'$05,%(.'$/'/$.)/&)$)$75(0+)$%(1#6#'/($(2$8$&9#).)+'$D1'225.)%(<$#1$&%()+'%($2#$+5++#$61#$'%#09)<
,(%E$1F(1(.(/+'$*'/2).(/+)1($%(0+)$#1$&51+'$2(#$0)/+#:$G)$3#+)$2#$'6/5/'$2#$/'#$8$6'3(%/)+)$2)$5/$'%#09)<
5/)$0'%+)$2#$)/6(1'$&50+'2($&9($)&&'.,)6/)$'6/#$)B#'/($2)11)$&511)$)11)$+'.4)$($2(3($(00(%(
#/2#3#25)+'$,%#.)$,'00#4#1($2)11F#/+(%(00)+':$G)$0)/+(%#)$0#$,%',)6)$($0#$2#**'/2($,(%$#/#B#)B#'/#$&9($)$1'%'
3'1+)$/($,%'25&'/'$)1+%(:$=1$/('*#+)$0#$2#&($&9($,%(/2($#1$0)/+'$($,(%$5/$&(%+'$,(%#'2'$H0'1#+).(/+($5/
)//'I$3)$#/$6#%'$3(0+#+'$2#$4#)/&'<$2(3($0'++'0+)%($)$&(%+($,%'#4#B#'/#$)1#.(/+)%#$(<$0($0#$+%)++)$2#$5/)
2'//)<$2(3($,'%+)%($)/&9($#$&),(11#$+)61#)+#$.'1+'$&'%+#:
J(1$&51+'$0)/+(%'$0'/'$2#$*'/2).(/+)1($#.,'%+)/B)$61#$$0,#%#+#$2(#$.'%+#<$&9#).)+#$(665/<$&9($3)//'
0(.,%($'/'%)+#$,%#.)$2(61#$'%#09):
=$2(*5/+#$9)//'$4#0'6/'$2#$(00(%($/5+%#+#$($,(%$75(0+'$.'+#3'$#/$&)0)$2#$5/$0)/+(%'$+%'3(%(+($0(.,%(<
/(1$4)6/'$'$2#(+%'$1($,'%+(<$4)&#/(11($2#$)&75)<$+)BB#/($2#$&)**8<$4'&&'/#$2#$&#4'<$.)BB#$2#$*#'%#$($&)/2(1(
3'+#3(:
D6/#$&(%#.'/#)$%#+5)1(<$2(++)$%'6)&#'/$2($&)4(B)<$0#$),%($&'/$1F#/3'&)B#'/($($1F'**(%+)$)61#$(665/$($0#
03'16($)++'%/'$)11)$4'3(2)<$5/$+)3'1#/'$&'/$0',%)$&',,($,(%$1F)&75)$($)1$&(/+%'$5/)$&',,)$,#-$6%)/2(
&'/0)&%)+)$)11)$65#2)$0,#%#+5)1($2(1$0)/+(%':$"511)$4'3(2)$#$0)/+(%#$2(,'/6'/'$*#'%#<$0#6)%#<$%5.<$)1&'1
)%'.)+#&'$H)&75)$2#$;1'%#2)I<$2'1&#<$&#4'$($&)**8:$K$3'1+($)/&9($5/)$%'0)$%'00)$($5/$&%'&#*#00':$G)
.(00)$0,#%#+5)1($8$5/)$0(25+)$,5441#&)$#/$&5#$#$,)%+(&#,)/+#$0#(2'/'$#/+'%/'$)$5/$+)3'1'$0,(00'
+(/(/2'0#$,(%$.)/':$G($&(%#.'/#($0#$03'16'/'$2','$#1$+%).'/+'$($,%#.)$2#$#/#B#)%($&#$0#$2(3($,5%#*#&)%(
&'/$1F)&75)$2#$;1'%#2):$=1$0)/+(%'$,)%1)$&'/$5/)$1#/65)$)$.(+A$+%)$1F)*%#&)/'$($1'$0,)6/'1'<
#/&'.,%(/0#4#1($,(%$&9#$/'/$8$5/$#/#B#)+':$=/3'&)$#$.'%+#$&'/$5/$4)0+'/($2(++'$,)1'$($,%(/2($1(
0(.4#)/B($2(61#$(665/$&9($#/&'/+%)$/(11)$0+)/B)$1#4(%#$2#$,)%1)%($($)6#%(:$G)$&(%#.'/#)$8$)%%#&&9#+)$2)
,%(69#(%($#/$+5++'$($,(%$+5++'$#2(/+#&9($)$75(11($&9($0#$%(&#+)/'$#/$5/)$&'.5/($&9#(0)$&)++'1#&)$(
'**(%+($,%',#B#)+%#&#:$"($&F8$4#0'6/'$2#$2#3#/)%($#1$*5+5%'$'$2#$2)%($%#0,'0+)$)$2'.)/2($,'0+($2)#$*(2(1#$0#
%#&'%%($)$/'&#$2#$&'&&'$($)$&'/&9#61#(<$&9($3(/6'/'$1)/&#)+($#/$)%#)$($#1$1'%'$.'2'$2#$2#0,'%0#$)1$05'1'
3#(/($#/+(%,%(+)+'$&'.($0(6/'$2#$5/)$4(/$,%(&#0)$3'1'/+A:
L'/&152#).'$2#&(/2'$&9($/'/$0#$,5E$&'/'0&(%($1)$0)/+(%#)$($),,%(BB)%1)$#/$+5++'$#1$05'$),,)%)+'
+%)2#B#'/)1($0($/'/$&#$0#$&)1)$/(11)$.(/+)1#+A$&54)/):$G)$0)/+(%#)$/'/$8$0'1'$5/)$%(1#6#'/(<$.)$5/'$0+#1(
2#$3#+)<$5/$.'2'$,(%$&'/'0&(%($#1$.'/2'$&#%&'0+)/+(:$MF$5/)$%(1#6#'/($*)++)$2#$(1(.(/+#$/)+5%)1#<$2#$.)%(<
*5'&'<$3(/+'<$0'1($($*51.#/(:$=1$.'/2'$8$5/$#/0#(.($2#$0,#%#+#$/(11F#/&'/+%'$+%)$&)++'1#&(0#.'$($&%(2(/B(
)*%#&)/(:
=1$0)/+(%'$8$5/$,(%0'/)66#'$)1$75)1($0#$%#&'%%($*%(75(/+(.(/+($,(%$2)%($5/)$0'15B#'/($)#$,%'41(.#$2(1
75'+#2#)/':$MF$5/$65)%#+'%($($5/$2#3#/)+'%($2(1$*5+5%'<$5/$'%)&'1'$($5/$,%(,)%)+'%($2#$).51(+#:$"#$3)$2)
15#$&'/$1)$0+(00)$*)&#1#+A$&'/$&5#$&#$0#$%(&)$2)$5/$.(2#&'$($0,(00'$1'$0#$&'/051+)$)/&9($75)/2'$1)
.(2#&#/)$+%)2#B#'/)1($/'/$&#$2A$0,(%)/B):
G)$0)/+(%#)$8$5/)$%(1#6#'/($,#(/)$2#$3#+)<$&'0>$&'.($,#(/)$2#$3#+)$8$1)$6(/+($2#$L54)<$)&&'.,)6/)
1F(0#0+(/B)$75'+#2#)/)$0(/B)$'441#6)%($#$,%)+#&)/+#$)$%#+5)1#$,(0)/+#<$#/)&&(++)4#1#$,(%$1)$.(/+)1#+A$1'&)1(:
J'/$%#(0&'$)$#..)6#/)%($5/$&54)/'$#/+(/+'$)$%(&#+)%($,%(69#(%($4522#0+($'6/#$6#'%/'$)11($0+(00($'%($(
.#$8$2#**#&#1($)/&9($3(2(%1'$#/$5/)$&9#(0)$&)++'1#&)$+%)2#B#'/)1($)$06%)/)%($#1$%'0)%#':$G)$0)/+(%#)$#/3(&(
4(/$0#$)++)61#)$)11)$.(/+)1#+A$2(1$,'0+'<$,(%&9N$8$5/)$%(1#6#'/($*)++)$2#$%#+#$&9($2)//'$5/$,'0+'
#.,'%+)/+($)$+)4)&&'$($%5.:$M$,'#$+)13'1+)$)/&9($5/)$04%'/B)$.(.'%)4#1($'$5/)$*%(/(+#&)$2)/B)$#/
&'.,)6/#)$2#$5/)$4(11)$%)6)BB($,5E$*)%$,)%+($2(1$%#+5)1($(3'&)+#3':$K$L54)$,'00#).'$)00#0+(%($)
0,(++)&'1#$2#$2)/B($)**)0&#/)/+#$#0,#%)+($)11)$3#+)$2(61#$'%#09)<$&'0>$&'.($0#$)0&'1+)/'$&)/B'/#$2#$)5+'%#
&'.($O#11P$L#%#/'$($@#+'$Q5(/+($&9($0#$0'**(%.)/'$05$75(0+($2#3#/#+A$0'%%#2(/+#$($6#'#'0(:$L'.'2).(/+(
0(25+#$)$0'%0(66#)%($5/$&54)$1#4%($'$5/$.'R#+'$&#$1)0&(%(.'$,%(/2(%($2)$.50#&9($+%#4)1#$2#$'%#6#/(
)*%#&)/)$&9($0&)/2#0&'/'$)$&'1,#$2#$+).45%'$($.)%)&)0$#$%#+5)1#$0)/+(%#:$M$,%',%#'$,(%$75(0+'$2#&#).'
&9($1)$0)/+(%#)$8$,)%+($#/+(6%)/+($2(11)$&51+5%)$&54)/)<$&'0>$&'.($1'$0'/'$#1$4)11'$($1)$.50#&):$M$/'/$3#
)BB)%2)+($)$254#+)%($&'/$5/$&54)/'$#/$.(%#+'$)#$,'+(%#$2#$M1(665A$'$S(.)P):$L'%%(%(0+($#1$%#0&9#'$2#
(00(%($+%)0&#/)+#$)$5/)$.(00)$0,#%#+5)1(<$2'3($#1$0)/+(%'$2#$+5%/'$3#$&)&&(%A$3#)$+5++#$61#$0,#%#+#$.)1#6/#
&9($#/*(0+)/'$1)$3'0+%)$)/#.)$)$&'1,#$2#$%).#$2#$,)1.)$($0,%5BB#$2#$$%5.$($+)4)&&':

2 !21
012320405 67897
67 
!"#$%&'(""!&)!*#+$,!
-
.,*/%0',1%$2(3!4,# .

2 121