Download as pdf or txt
Download as pdf or txt
You are on page 1of 49

PART I

ADMINISTRATIVE LAW

CHAPTER I
INTRODUCTORY

 
7vJ¢l;œ¢EZm¢EwB[{J¢;Ix[{[“‡;“\›J¢l;œ
¢“ZJ¢l;œ¢{¢„—Bl[E¢
TEJ‡ ¢;{I¢JoJE“\{¢o;œ¢;¢{J¢—BhJE“¢J†—\›;lJ{“¢“(¢‘ZˆJJ¢¢—{\“¢
8¢ ;EEvvI;“J¢ n;œ¢ “—IJ{“¢ “;j\{X¢ —„¢ ’ZJ¢ “Z‡JJ—{\“¢ —CiJE“ ¢
\{“J;I¢N¢C—ž\{Y¢“Z‡JJ¢J…<‡<“J¢C€k¢{¢;Iv\{\“‡<“\›J¢o<œ ¢o<œ¢{¢
…—Bo\E¢SgEJ‡ ¢ <{I¢JoJE“\{¢,<œ ¢ ”ZJJ¢ l<œ¢Z<›J¢CJJ{¢FvB]{JI¢\{¢
{K¢Ck ¢E{\“\{X¢O¢“Z‡JJ¢…;ˆ“¢2;‡“¢*¢ Iv\{\“‡;“^›J¢/<œ¢3<‡“¢
+*¢ 

4˜Co\F¢0UGJ‰¢<{I¢5=f“¢ 
pJE“_|¢.>œ¢

 
 
*{¢<¢ YJ{J‡?l¢J{J ¢ <Iv\{\“Š<“\›J¢ q;œ¢LvC‡<EJ¢<oo¢“ZJ¢r<œ¢
“Z;“¢E{“‡o ¢‡¢\¢\{“J{IJI¢“¢E{“‡‚o¢“ZJ¢;Iv\{\“‡<“\›J¢…J‡<“\{¢
N¢Y›JvJ{“¢ 9Z\¢B‡;I¢vJ;{\{X¢N¢<Iv\{\•ˆ<“\›J¢l<œ¢\¢ˆJQuJF“JI¢
\{¢ “ZJ¢ `¢ Iy[{\“‡;“\›J¢ $IJ¢ ƒN¢“ZJ¢ 3Z\la„„\{J
 W‡¢“ZJ¢ $IJ¢
„‡JH‡bBJ¢“ZJ¢ ;Iv\}[“‡;“b›J¢ „Jˆ@“b{¢ N¢“ZJ¢ 6Zclb„„[{J¢ )›JŽ 
vJ{“¢ d{¢ ;¢ ›J‹Ÿ¢ B‹;I¡¢v;{{J‹
¢ E{–;e{e{X¢ ;¢ e“¢ IJ¢ „Œ›ee{¢ ~¢
7›J‡J\Y{“ž¢;{I¢)›J‡{vJ{“<s¢ Iz\{\“‡;“\{¢!k¢+ ¢%\“‡\D—“\{¢
N¢3œJ‡¢N¢)›J‡{vJ{“ ¢ {<vJlž¢ “ZJ¢ &JE—“\›J¢ /JX\l;“\›J¢ ;{I¢
-—I\E\;‡ž¢"k¢**¢ 1QRgEJ¢P¢“ZJ¢3‡M\IJ{“¢#k¢*++¢:ZJ¢'JF™“\›J¢
"‡;{FZ ¢ F{\“\{Y¢ P¢<to¢ “ZJ¢ IJ…A‡“vJ{“ ¢ Dš‡J<š ¢ VFJ ¢ <{I¢

))% )
) )

(%$')!!))

)"#&))
) )

)
O $&.1+04O# 5O#5O)'O*2#O)+-O
&O!1)(O" 6O

IgT€MnT’¯ I••IMiTR¯ •iTŠT•‚¯ 4‚‚w¯ <F


,¯ 7‚’–m•Ÿ•n‚Ix¯ 7‚m’’m‚’ ¯
€ITy¥*¯•iT¯8‚n’’n‚€¯‚€¯:zTM•r‚€’¯•iT¯7n rz¯ATŠ nMT¯7‚n’’n‚€¯
I€R¯•iT¯7‚n’’n‚€¯‚€¯2Rn•¯I€Q¯‚•iTŠ¯M‚€’•r•Ÿ•nˆ€I|¯K‚RnT’¯5‚‚w¯
G -¯ >I•p‚I{¯;‚ TŠ€T€•¯6žRgT•n€g¯ 6‚‚w¯H
.¯I€R¯2Rnn’•ŠI•n T¯
?Š‚MTRŸŠT¯ 6‚‚w¯G= ¯
BiT¯KŠ‚IR¯’M‚‡T¯‚]¯IRm€n’•ŠI•n T¯{I¡¯I’¯T€’iŠnTR¯m€¯•iT¯'% ¯
2Rno’•ŠI•n T¯ 8‚RT¯ M‚ T‰’¯ •i‚’T¯ ‚]¯ n€•TŠI{¯ I’¯ ¡T{{¯ I’¯ •iƒ’T¯ ‚^¯
T¢•TŠ€Iy¯ IRn€n’•ŠI•p‚€¯ CiT¯ a†ŠTŠ¯ M‚€’nRTŠ’¯ •jT¯ zUgI|¯ I’‡TM•“¯ ‚]¯
‡ŸKzpM¯ IRnn’•ŠI•p‚€¯ I’¯ I¯ g‚n€g¯ M‚€MTŠ€¯ BiU¯ {I••TŠ¯ ŠTa\Š’¯  •iT¯
{TgIz¯ŠTzI•s‚€’¯JT•¡TT€¯IRn€n’•ŠI•n T¯IŸ•i‚Šr—rT’¯IR¯‡Šn I•T¯n•TŠ¨
T’•’¯ Din’¯ p’¯ •iT¯ MinT]¯ M‚€MTŠ€¯ ‚]¯ IRn€n’•ŠI•n T¯ |I¡¯ ¡irMi¯ q’¯ •kT¯
‡Š‚•TM•n‚€¯ ‚]¯‡Šp I•T¯Šngi•’¯ ™iT¯ ’ŸKuTM•¯ ‚]¯¡inMi¯ n’¯ •iT¯€I•ŸŠT¯ I€R¯
•iT¯‚RT¯ ‚]¯T£TŠMn’T¯ ‚]¯ IRn€n’™ŠI•n T¯ ‡‚¡T‹¯I€S¯•iT¯’¦’•T¯‚]¯ŠT©
znT]’¯IgIn€’•¯IRn€n’•‘I•n T¯ IM•n‚€ 

        


 
2Rn€n’•ŠI•m T¯ zI¡¯ n’¯ ‚]¯ a†žŠ¯ wnR’+¯ I ¯ ’•I•ž•T’¯ ’T••n€g¯ ž‡¯
IRn€n’•ŠI•n T¯ IŸ•i‚Šn•oT’/¯ K ¯ •iT¯ K‚R¥¯ ‚]¯ R‚N˜ŠmT’¯ IR¯ RTPn’n‚’¯
RTIyo€g¯ ¡o•i¯ •iT¯ MŠTI•n‚€¯ ‚‡TŠI•t‚¯ I€R¯ TbcTM•¯ ‚]¯ RT•TŠnI•m‚’¯
IR¯‰TgŸ{I•n‚€’¯‚]¯’ŸMi¯IRn€m’•ŠI•n T¯IŸ•i‚Šm•pT’0¯M
¯Šž{T’¯ŠTgŸxIª
•n‚€’¯ ‚Š¯ ‚ŠRTŠ’¯ ‚]¯ ’žMi¯ IRn€n’•ŒI•r T¯ Iž•i‚Šn•nT’¯ n€¯‡žŠ’žI€MT¯ ‚]¯
•iT¯ ‡žŠ‡‚’T’¯a†Š¯ ¡inMi¯ IRn€n’•ŠI•n T¯ IŸ•i‚n•nT’¯ ¡TŠT¯ MŠTI•TR¯ ‚Š¯
V€R‚¡TR1¯ I€R¯ R
¯RT•TŠmI•n‚€’¯RTMm’m‚€’¯ I€R¯ ‚ŠRTŠ’¯ „]¯’ŸMi¯ IR«
p€r’™ŽI•r T¯IŸ™i‚Žn•nT’¯n€¯•iT¯’T•œzTT€•¯‚_¯M‚€•Š‚ WŠ’nX’¯IŠr’n€g¯r€¯
•iTnŠ¯‡IŠ•nMŸzIŠ¯eUzR’¯
2Rn€n’•ŠI•n T¯}I¡¯M‚€’p’•’¯‚]¯‡TŠ•n€T€•¯‡Š‚ n’n‚’¯‚]¯•iT¯7‚€¬
’•n•ž•p‚€¯’‡TMnIz¯yThn’|I•n‚€’¯MŠTI•n€g¯’‡TMnIzn§TR¯IgT€OsT’¯•lY¯(&!¯
3Rnn’•ŠI•n T¯7‚RT¯ I€R¯ ‡Š‚ n’n‚€”¯ ‚]¯•iT¯ @T r’TR¯2Rmm’•ŠI•n T¯
8‚RT¯ ¡ipMi¯IŠT¯ €‚•¯ n€M‚€’n’•T€•¯ ¡p•i¯ •i‚’T¯ ‚]¯ •iT¯ '%"¯ 8‚RT¯ iT¯
)&#¯2Rmn’•ŠI•n T¯ 7‚RT¯RnR¯€‚•¯T€•nŠTz¥¯ŠT‡TI|¯‚Š¯‚Rnf¯•iT¯ @T­
 o’TR¯2Rm€n’•ŠI•o T¯7‚RT¯I€R¯’‡TMnIz¯zTgn’zI•n‚€’¯KTMIŸ’T¯¡iI•¯•iT¯
'%$¯8‚RT¯ŠT‡TI{T®¯‚Š¯‚RndTR¯IŠT¯‚€{¥¯•i‚’T¯zI¡’¯RTMŠTT’¯‚ŠRZŠ’¯
ŽŸzT’¯ I€R¯ ThžzI•n‚€’¯ ‚Š¯ ‡‚•n‚€’¯ •lTŠT‚`¯¡inMi¯ IŠT ¯ n€M‚€’s’•T€•¯
¡n•i¯ •ir’¯ 9‚RT EiT¯ •¡‚¯ IRn€n’•ŠI•n T¯ M‚RT’¯IŠT¯ gT€TI|¯ ~I¡’¯
I€R¯I’¯KT•¡TT€¯•iT¯M‚RT’¯I€R¯’‡TMnIz¯zTgn’zI•n‚€’¯‚€¯’‡TMneM¯’ŸLvTM•¯
I••TŠ’¯•iT¯{I••TŠ¯‡ŠT Inz¯I’¯I€¯U¤MT‡•m‚€¯š…¯ ›i[¯a†ŠTŠ¯  n’¯KI’nM¯


 

  

.<9O  FGBO3 O  ;C@D@JKI7LAM=OH;> O%?:8EFONO) O  O/, O

  
)4;6<6@B>.C6F‹9)G‹ 


6g|tlQO|mu…‹

¢©8£¬£—¹Æ”—fˆ=f”{BÆ£a4£Æ^BˆB—4vÆzB_fŸv4£fˆÆ…¬Ÿ£Æ^f°BƲ4¹Æ£ÆŸ”C;bwÆ
xK y4£fˆÆ ˆÆ £aBƟ4…BÆ Ÿ¬9rB=£Æ 4‡@Æ ^BˆB–4vv¹Æ ŸÆ fˆ£B–”—B£B@Æ 4ÆÂ$%ŽÆ
D…9—4=BÆ ˆz¹Æ =4ŸBŸÆ fˆÆ ²af=aÆ £aBÆ Ÿ”B=f4vÆ ”—°fŸfˆŸÆ 4—BÆ ˆ£Æ 4”•f¾
=79{B Æ
&@…fˆfŸ£—4£f°BÆ Q¯ˆ=£fˆŸÆ 4—BÆ £aŸEÆ ²af=aÆ gˆ°v°BÆ £aBÆ ÄB^ªÆ|Æ
¤fˆÆ4ˆ@Æ=ˆ£—zƍ°B—Æ£aBÆ =ˆ@¬=£Æ5ˆ@Æ4U4f—ƍLÆfˆ@f°f@¬4{ŸÆX—Æ £aFf—Æ
µˆÆ²Bv¥4—BÆ4ˆ@Æ£aGƔ—…¬z^4£fˆÆLƖ¬vBŸÆ4ˆ@ƗB^¬{4£fˆŸÆ£Æ9B££B—Æ
<4—ž¹Æ ¬£Æ£aBƔzf=¹ÆNÆ£aBÆzB^fŸ}4£«–BÆ –ÆŸ¬=aÆ 4ŸÆ 4—BÆ @B°{°B@Æ ¬”ˆÆ
£aBÆ 4@…fˆfŸ£—4£f°ÅÆ 4^Hˆ=¹Æ9¹Æ£aBÆ —^4ˆf=Æ v4²Æ LÆf£ŸÆ B¶gŸ£Bˆ=B 

½Æ 'A†h‰h¡¦˜6¦i±IÆZ6ƒI³˜t
(§Æ§aBÆ4”B·ÆMÆ£aBÆ4@…jˆfŸ£—4£f°BÆ[4„B²—uƍNÆ£aBÆ1B”¬9€f=ƍNÆ
£aBÆ/afzf””fˆBŸÆ4ŸÆ”—°f@B@ÆfˆÆ£aBÆ #"!Æ&@…fˆfŸ£–4£f°BÆ)@BÆ fŸÆ£aBÆ
*°B—ˆ…Bˆ£ÆOÆ£aBÆ1B”¬9vf=Æ2aBÆ+°B–ˆ…Bˆ£ÆLÆ£aBÆ1B”¬9zf=ƍOÆ£aBÆ
/afvp””fˆBŸÆ—BOB—ŸÆ£Æ£aBÆ=—”—4£BÆ^°B—ˆ…Bˆ£4{ÆBˆ£k£ºÆ£a—¬^aƲaf=aÆ
£aBÆ \ˆ=£fˆŸÆ OÆ ^°B™ˆ…Bˆ£Æ 4–BÆ B¸B—=fŸB@Æ £a–¬^a¬£Æ £aBÆ 0afvf”¿
”fˆBŸÆfˆ=v¬@fˆ^Æ Ÿ4°BÆ4ŸÆ£aBÆ=ˆ£—5—¹Æ4””B4—ŸÆQ…Æ£aBÆ=ˆ£B¶£Æ£eBÆ
°4—f¬ŸÆ4—…ŸÆ£a—¬^aƲaf=aƔzf£f>4vÆ4¬£a—f£¹ÆfŸÆ…4@BÆÃBWJ=£f°BÆfˆÆ
£aBÆ/ajvf””fˆBŸ Æ ²aB£aB—Æ ”B–£4fˆfˆ^Æ £Æ£aBÆ4¬£ˆ…¬ŸÆ—B^fˆŸÆ £aBÆ
”—°qˆ=f4v
Æ=f£»ƅ¬ˆf=f”4{ƍ—Æ94—4ˆ`4¹ÆŸ¬9@f°fŸfˆŸÆ—ƍ£aB—ÆY—…ŸÆLÆ
v=4vÆ ^°B—ˆ…Bˆ£Æ ,Š?v¬@B@Æ fˆÆ £aBÆ +°B—ˆ…Bˆ£Æ 4—BÆ 4^Bˆ=fBŸÆ 4ˆ@Æ
fˆŸ£—¬…Bˆ£4zl£lBŸÆ £aB—BOÆ  4^B‹=¹Æ PÆ£aBÆ +°Bšˆ…Bˆ£Æ šBS—ŸÆ 
4ˆ¹Æ OÆ £aBÆ °4–f¬ŸÆ ¬ˆf£ŸÆ LÆ *°B—Œ…Bˆ£Æ fˆ={¬@fˆ^Æ 4Æ @B”4—£…Bˆ£ Æ
9¬—B4¬Æ Vo=BÆ fˆŸ£—¬…Bˆ£4{f£¼Æ —Æ^°B—ˆ…Bˆ£²ˆB@Æ –Æ =‘ˆ£–v{B@Æ
=–”—4£fˆ ƍ—Æ4Æ~=4vÆ^°B—ˆ…Bˆ£Æ’–Æ4Æ@fŸ£fˆ=£Æ¬ˆf£Æ£aB—BfˆÆ -ˆŸ£—­À
…Bˆ£4vf£¹Æ—BT—ŸÆ £Æ 4ˆ¹Æ4^Bˆ=¹ÆNÆ£cBÆ.4£fˆ4vÆ*°B—ˆ…Bˆ£ƈ£ÆfˆÁ
£B^ž4£B@Æ´f£afˆÆ£aBÆ@B”4–£…Bˆ£ÆQ4…B²—uÆ°BŸ£B@Ʋf£aƟ”B=f4wÆ]ˆ=À
£fˆŸÆ –Ær¬—fŸ@f=£fˆÆ:¹Æz‚²ÆBˆ@²B@Æ ²f£aÆ Ÿ…BÆ mNƈ£Æ4vÆ =—”—4¨BÆ
”²B—Ÿ Æ 4@…fˆfŸ£B—fˆ^Æ Ÿ”B=f4zÆ R¯ˆ@Ÿ Æ 4ˆ@Æ Bˆs¹fˆ^Æ ”B–4£fˆ4vÆ 4¬¿
£ˆ…¹Æ ¬Ÿ¬4vz¹Æ £d—¬^aÆ 4Æ =a4—£B›Æ 3afŸÆ £B–…Æ fˆ=v¬@BŸÆ —B^¬v4£š¹Æ
4^Bˆ=fBŸ Æ fˆŸ£f£¬£BŸÆ 4ˆ@Æ ^°Bœˆ …Bˆ£²ˆB@Æ ‘—Æ =ˆ£—vB@Æ
=—”—4£fˆŸÆ
&ˆÆfˆŸ£—¬…Bˆ£4zn£¹ÆfŸÆ4ˆ¹£afˆ^ƬŸB@Æ4ŸÆ4ƅB4ˆŸÆ‘šÆ4^Bˆ=¹Æ3aBÆ
£B—…ŸÆ^°B—ˆ…Bˆ£4v4^Bˆ=¹Æ4—BÆfˆŸ£—¬…Bˆ£4{f£¹Æ4—BƟ¹ˆˆ¹…“®ŸÆ
fˆÆ£aBƟBˆŸBÆ£a4£ÆBf£aB—ƍOÆ£aB…ÆfŸÆ4ƅB4ˆŸÆ9¹Æ²af=aÆ£aBÆ^°B—ˆ…Bˆ£Æ

:USu`†I‹ ‚ ‹ 7*/‹ ‹A0=*‹‹H& '‹ySS‹Jazl‹ =NSh‹ Š +YqKbn‹


 
 }Z‹$$
TR‹
k‹?lQlcX‹D ‹ ;Lg‡Mgl‹‹@1=+‹‹E$!"8
# @TP ‹‹,Qf\i]{|uL|^ƒS‹3lQT‹oV‹$"(‹6xpj‹KgQ‹@~STd‹)|[pv_~„‹ ƒ ‹2l€w|‹pW‹-r‰
sTLe{‹‹@2,5‹‹$‹@3>)‹!‹ˆ%$ ‹
 #,>3@4HLG$M3Q-z8#SzPRzB@zEO'=7)zC125)-GIz
#A,z.9/*N6Dyz:%Sz

29Œµyµ6«µ©SV<Sµ2µ9@‡˜2UtµRy¦@‡tr@t‘2eµ29’µy‡µL¤t9“ZytµUŒµ~@‡K|‡r@=µ
/SAµ©y‡>µVtŒ˜‡¡r@t˜2eV˜­µ©U”Sµ‡@Œ}@9•µ–yµ2µŒ˜2˜@µ9yu˜@r~e2—@Œµ2tµ
2¢˜Sy‚U˜­µ ˜yµ©SU9Sµ ˜S@µŒ˜2˜@µ =@q@R2˜@ŒµRy¦@‡tr@u˜2eµ~y©@‡µK|‡µ˜S@µ
~@‡J|‡r2t9@µyEµ2µŒ˜2˜@µ Pt9Uyt´µ
R@t9V@Œµ y‡µ ZuŒ˜ƒ¡r@t˜2fV˜U@Œµ yHµ ”S@µ "y¦@‡tr@t˜µ 2‡@µ @V˜S@‡µ
Zu9y‡~y„2˜@=µ y„µ uyuZu9y„~y‡2˜@>µ $t9y‡~y‡2˜@>µ 2R@u9Z@Œµ y‡µ
VtŒ˜‡¡r@u˜2lZ˜V@ŒµŒyr@˜Vr@µ©Z˜Sµ2u>µ2˜µy˜S@‡µ˜Zr@Œµ©Z˜Sy¡˜µ92~U˜2eµ
™y:bµ2…@µ§@Œš@=µ7­µe2©µ©W˜Sµ2µ_£„X=W92gµ~@„Œyu2hZ›­µ=WŒ˜Yu9˜µF„yrµ˜T@µ
~@‡Œyu2eZ˜­µyGµ›S@µ,@~£7eZ9µ!ª2r~e@ŒµyGµ˜S@Œ@µZu9y‡~y‡2˜@=µ2R@u9Z@Œµ
y„µYuŒ˜„£r@u˜2mY˜W@Œµ2‡@µ˜T@µ%2˜Zyu2iµ*z©@‡µy„~y„2˜Yyuµ*SZnY~~Zu@µ
+y‡˜Œµ¡˜Sy‡U¬ µ &2˜Zyu2jµ #y¡ŒUtRµ ¡˜Sy‡Z˜­
µ +SZeZ~~Zt@µ '2˜Zyv2eµ
(Zeµ yr~2u­ µ @˜9µ %yuZu9{‡~y‡2˜@>µ 2R@u9Z@Œµ y‡µ VuŒ˜†¡r@u˜2eV˜V@Žµ
2‡@µ ˜SyŒ@µ ty˜µ ¦@Œ˜@=µ©Z˜Sµ2µ `¡‡V>Z92eµ ~@‡Œyt2e]œ­µ =ZŒ˜Uu9˜µ J‹yrµ˜S@µ
,@~£7eZ9µ @u=y©@=µ 7­µ e2©µ ©Y˜SµŒyr@µZGµty˜µ 2eoµ 9y‡~y‡2˜@µ~y©@‡Œ 
0S@µ .¡R2‡µ ,@R¡e2˜y‡­µ =rZtUŒ˜‡2˜Zytµ UŒµ 2tµ Cª2r~e@µ yHµ 2µ tyt¯
[t9y‡~y„2˜@=µ2R@t9­ µ2ŒµZ˜µZŒµu@Z˜S@‡µ2µRy¦@‡wr@u˜y©u@>µyˆµ9yu˜„yee@=µ
9y‡~y‡2˜Zytµ8¡˜µZŒµ 2uµ 2R@t9­µ ¡u=@„µ˜S@µ)N9@µyGµS@µ+‡@ŒZ=@t˜  
$t9y‡~y‡2˜@>µ2t=µtytZt9y‡~y‡2˜@=µ2R@u9Z@Œµy‡µZuŒ˜„¡r@t˜2eZ˜Z@Œµ
2‡@µ2eeµ2R@t˜Œµy‡µ=@e@R2˜@ŒµyHµ˜S@µ,@~¡7eV9µyHµ˜S@µ+SZeZ~~Zt@Œµ©SZ9Sµ
UŒµ8­µZ˜Œ@kH µ2µ8y=­µ9y„~y‡3˜@µ2u=µa¡‡Z=Z92lµ~@‡Œyuµ¦@Œ˜@=µ©Z˜Sµ˜S@µH¡peµ
~2ty~e­µyGµ~y©@‡Œµ2t=µ2˜˜‡U8¡›@Œµ©SZ9Sµ2‡@µ9yr~@t>Zy¡Œe­µ=@Œ9‰Z7@>µ
2Œµe@R2eµ~@‡Œyt2eZ˜¬µ/S@µ@ª~Z‡2˜ZytµyHµ˜SBµ˜@ŠsµyGµ2tµUx;y‡y‡2ž@=³µ
2R@u9­µ y‡µZtŒ˜‡¡r@t˜2eU˜­µ S2Œµ9ytŒ@€¡@t9@Œµ©SZ9Sµr£Œ˜µ7@µeyyc@>µ
J|‡µZtµ›S@µ9S2‡˜@‡µyHµ˜S@µ2R@t9­µ2t=µ2ŒµŒ¡~~e@r@t˜µZuµ›S@µ~„y¦ZŒZyuŒµ
yHµ ˜S@µ y‡~y„2˜Zytµ y>@µ 1S@uµ ˜S@µ Œ˜2˜¡˜y‡­µ ˜@‡rµ yHµ 2µ uyu°
Vt9y‡~y‡2˜@=µ 2R@t9­µ @ª~U‡@Œµ ˜S@µ ~y©@ƒŒµ =¡˜Z@Œµ 2t=µ Qt9˜ZyuŒµ 2Œµ
©@eeµ2Œµ2ŒŒ@˜Œµ2t=µqU28ZeZ˜V@ŒµyHµ˜S2˜µ2R@t9­µ‡@¦@‡˜µ629dµ˜yµ2t=µ2‡@µ„@¯
2ŒŒ¡r@=µ8­µ˜S@µ-@~¡8eV9µyHµ˜S@µ+SVlU~~Vt@ŒµUuµ˜S@µ28Œ@u9@µyHµŒ~@9Z2eµ
~‡y¦UŒUytŒµyHµe4©µŒ~@9UH­UtRµ Œyr@µy˜S@‡µ =UŒ~yŒZ˜Zytµ˜S@‡@yI 
S2‡›@‡@=µZtŒ˜ZŸ¡˜Vyuµ„@JD‡Œµ˜yµ2u­µ2R@t9­µy‡R2tZ®@?µy‡µy~@‡2˜±
VtRµ£u>@‡µ2µŒ~@9ZO9µ9S2‡˜@‡µ2t=µ¨@˜@>µ8­µe2©µ©Z˜SµM¥u9˜ZyuŒµ‡@e2˜²
ZtRµ˜yµŒ~@9ZK^9µ9ytŒ˜Z˜¡ Vyt2eµ~yeZ9Z@Œµy‡µy8`@9˜\¦@Œµ/SZŒµ˜@‡rµZt9e¡=@Œµ
˜S@µŒ˜2˜@µ£uZ¦@‡ŒZ˜V@Œµ2u=µ9yee@R@Œµ2u=µ˜S@µryu@˜2„­µ5£˜Sy‡Z˜­µyGµ

˜S@µ

Œ˜2˜@ 

;qwkhz,_sz(Yidzs z$nnk^bZpckhzl`z<rxkhz,_t
z(Yjdz0gmekv__ozzJ)#,z"
"zJ)G$zz"! z

'QHDe -D3e,Y55@e ^Y<HN=Yce be "H_OYeH9e MM6.@Ue e," &e  e e ,"*!ee
U"" z
 +8K_1A>2ebe"H_PZeH:e!LL6-BVee,"!%e e

e,"+ eeT""X z
(QIEe .F4e ,Y66@e !`[<JR?\de b e #JaS]e J;e!MM7/CWe e,$!&e e e,#*!e e
V""W z
 ?[f\a]zu z F\zG02<HXe)Tee K+G&ze ""X

   
$@OHA1P/LAFSU

7cD¯†—=te@¯„X@DŒ’¯<B¯Dz†t„£DD’¯c„¯†DŒP…Œz¯”cD¯B—”dD’¯3¯® B¯
EŸD‹@e’F¯”cD¯†„D‹’¯k¯”cD¯<Bzee’”Œ<”eœD¯’D”—†¯„N¯”cD¯a„›DŒ{­¯ €”¯
<ŒD¯@„z†DBk„—’t¤¯@<xxDB¯<Bzee’”‹<”e„¯9cD¯”DŒz¯<Bzee’”Œ<”fƒ¯
‰DLGŠ’¯”„¯”cD¯<aaŒDa<”D¯„K¯”c„’G¯†D‹’„’¯d¯c„’D¯c<B¯ ”cD¯‹De’¯„L¯
a„œD‹zD”¯<‹D¯ _‹¯”cD¯”mzD¯=Dda 

   
    
$B|gg’”‹<”g›D¯ <aD@gD’ ¯ =„<‹B’¯ <B¯ @„|}e’’g„’¯ <‹D¯ †—=th@¯
„YAD’¯ 8cD¯ ”DŒ~¯ †—=ye@¯„Vo@D¯‹DMD‹’¯ ”„¯”cD¯‹eac”!¯<˜”c„‹h”£¯ <B¯
B—”£
¯ @ŒD<”DB¯ <B¯ @„PJ‹‹DB¯ =£¯ u< ¯ =£¯ ce@c ¯ P…Œ¯ <¯ aeœD¯ †DŒd„B¯
Di”cD‹¯Ro¡DB¯ =£¯ t<¯ „‹¯ DB˜‹ga¯<”¯ ”cD¯ †tD<’—ŒD¯ „N¯ ”cD¯ <††„k”ea¯
†„DŒ ¯<¯eBeœkB—<t¯e’¯kœD’”DB¯e”c¯’„zD¯†„Œ”j„¯ „N¯”cD¯’„œD‹Dea¯
¯ Tš@”d„’¯ „L¯a„œD‹zD” ¯ ”„¯ =D¯ D DŒ@e’DB¯ =¤¯ ”c<”¯ kBdœeB—<t¯ P…‹¯”cD¯
=DD^”¯„N¯”cD¯†—=td@:¯“‘¯$¯†—=te@¯„Vp@D¯ŒDNDŒ’¯”„¯De”cDŒ¯„N¯”„¯@„@D†”’ ¯
<’¯<¯M™@”q„<t¯—e”„N¯a„œD‹zD” ¯ ’—@c¯<’¯BD†<Œ”zD”¯„‹¯=—ŒD<—¯
„Œ¯<’¯<¯†„’e”d„¯cDtB¯„Œ¯„@@—†eDB¯=¥¯eBeœeB—<t¯†D‹’„’¯c„’D¯Pš@”e„’¯
<‹D¯BDPnDB¯=£¯t<ž¯„¯‹Da—t<”e„  $¯†—=te@¯„Vn@D¯e’¯<¯†—=tk@¯”‹—’”¯„‹¯
ŒD’†„’e=ete”¦¯<B¯Dz>Œ<@D’¯”cD¯dBD<¯„N¯”DŒz¯B—‹<”e„¯Dz„t—zD”’¯
†„DŽ’¯ <B¯ B—”eD’¯$vt¯ „N¯ ”cDz¯ ”<rD¯ ”„aD”cD¯@„’”e”—”D¯ <¯ †—=tk@¯
„[@D 
$¯†—=te@¯„[@D¯l’¯@‹D<”DB¯=§¯”cD¯&„’”e”—”l„¯„‹¯=£¯v<¯„‹¯=£¯<¯
„Z@DŒ¯„Œ¯”Œe=—<t¯”„¯ce@c¯”cD¯ †„DŒ¯”„¯ @ŒD<”D¯ ”cD¯„Z@D¯ c<’¯ =DD¯
BDtDa<”DB¯ =£¯ ”cD¯ tDae’t<”—ŒD¯ 9cD¯ &„’”e”—”l„¯ D’”<=te’cDB¯ „PQp@D’¯
ck@c¯†DŒR…‹z¯<Bzed’”Œ<”eœD¯O—@•e„’¯9cD’D¯<ŒD¯”cD¯4ŒD’eBD”¯cD¯
=Dea¯ ”cD¯ @cdDN¯ <Bzke’”Œ<”eœD¯ „\@DŒ#¯ ”cD¯ '„’”e”—”e„<t¯ &„zze’«
’k„’¯ <zDt£"¯ ”cD¯&„zzk’’d„¯„¯,tD@”l„’¯”cD¯'eœdt¯6D›k@D¯'„z«
ze’’e„’¯<B¯”cH¯ („zzk’’e„¯ „¯$—Be”#¯ ”cD¯ 2]@D¯ „N¯ ”cD¯ 2z=—B’«
z<#¯”cD¯ 0<”e„<x¯,@„„zj@¯<B¯+DœDt„†zD”¯%—”c„Œd”¤¯”cD¯'„z«
ze’’k„¯„¯ .—z<¯ 5kac”’#¯<B¯ ”cD¯1<”d„‚<t¯4„te@D¯ '„zzd’’e„¯
$xt¯ <Bzee’”Œ<”eœD¯ <aD@eD’¯ „Œ¯ =„BdD’¯ „”cDŒ¯ ”c<¯ ”c„’D¯ D’”<=«
te’cDB¯ =£¯ ”cD¯)„;’”d”—”d„¯<ŒD¯ @ŒD<”DB¯ =£¯’”<”—”D’¯ „Œ¯ =£¯„Wp@DŒ’¯ „‹¯
”‹e=—<t’¯<—”c„ŒeªDC¯ ?£¯*„a‹D’’¯”„¯C„¯’„¯ D¡†ŒD’’v£¯„Œ¯d~†weDCw¨¯
-¢@D†”¯ ’—@c¯ „RSo@I’¯ <’¯ <ŒD¯ @‹D<”DB¯ =£¯ ”cD¯ &„’”d”—”d„¯ ”cD¯
@‹D<”e„¯„M‡s„[@D’¯g’¯ˆŒe}<Œev©¯<¯vDb’v<”e›D¯`@”e„¯ /¯’„¯U‹¯
<’¯ ”cD¯ tDae’t<”eœD¯ †„DŒ¯ e¯ ”ce’¯ ŒD’†D@”¯ k’¯ „”¯ ‹D’”Œd@”DB¯ =£¯ –cD¯

) (
UR U"BDEUU&78< UU* + U
#3I@.@14TUR U(LB U=-JUU(!"UUU(!'UU,
(50 UU U1>9@:KMF.N;R4U!C16 U
 U ? U%QG U2U U
   
     


  

M•£¥o¥²¥o•I癝•´o£o•ç o¥ço£ç£²™SSçIQç¥jSçSgn¢I¥³SçIºç QSÄ


MoQSç ]—ç o¥£SUç¶jI¥ç •_tMS£ç ISç £²o¥JKSç SMS£¤Jºç •ç M•´SoS¥!ç
CjSçoç¥jSçS·ngSMoS£ç•Vçg•´SS¥çn©ço£çSNS££J½ç¥•çMSJ¥SçJQç
QS[uSçQ²¦oS£ç¥jSçSgr£J¥n´SçQS™I¥S¥çjJ£ç¥jSçQn£MS¥n•ç¥•çQS©SÅ
nSç ¶jS¥jSçJQQo¥o•Jç•_uMS£ç £jIç KSç MSI¥SQç •ç¶jS¥jSÆ ç ¥jS£Sç
Q²¥nS£ç £jJç KSç J¥¥JMjSQç ¥•çJQç KSM•Sç  Q²¥oS£ç •VçS¸o£¥ogç
•WeMS£"ç3ç•`uMS£ç MSJ¥SQç L»ç¥jSç Sgn£J¥²Sç JSç ¶j•»ç¶n¥jnç§jSç
™•¶Sç•Vç§jJ¥çK•Q¼çJQço¥çIºç ™S£MoKSç¨jS獕QSç•Vç\u€ogç¥jSç•`uMSç
JQç ¥jSç ™•¶S£ç IQçQ³¥oS£ç •Vç¥jSç •_uMSç j•QS£ç JQç oVço¥ç £SS£ç \t¥ç
IK•o£jç¥jSç•aMS" 

 
  
  
  
 
  

 
  

AjSçSgo£I¥²Sç³£²I½çS¸SMo£S£ç¥jS癕¶Sç¥•#çMSJ¥S畝çIK•o£jç
Kºç QSSgI¥ogç o¥ç ¥•ç¥jSç :S£oQS¥ç •ç¥•ç I•¥jSçS¸SM³¥o´Sç•bMSç•ç
K•Qº$çAjSçSI£çKºç¶joMjç¥jSçSgo£I¥²SçJ|S£ç©jSçQS€ShJ¥n•ço£çKºç
J²¥j•oÁngçS•gJnÁJ¥o•%ç
?S•žhÇ5ÈÉʪË<ˆ‰ÌçÍkÎç™Ï•ÐS£Âç•Vç¡Ñ£¥³O¥³ÒÓ/iHmSçK³SJ²MIMÀ.ç
=X ”oÔÕ«p1ÖFç ’
'Z‹Ž×¥x87ØGçÙå±6ç¬>çJ|Sç‘ç 2sÚ ÛyçܟÝç
hJ
›Yç¥jSçSM••ºçScMoSMºçS^SM¥o´SS££çJRçJ}Sço¥ç•SçSÞ;9ßàz¾Sç
¥•ç ¥jSç áSQÂç •Vç o¥ç šŒqâç()çãä5­åÑç Ãç æ ¥…ŠoÁSQç Eç*- +Dç
@S•gIoÁI¥o•ço£ç¥jSçSJ£ç²£SQçKºç ¥jSçSgo£I¥³S祕çS•gIoÁS&•ç
JK•†o£jç•cMS£ç ¶joMjço¥ç Jºç Q•ç£•çK»ç I¶ç QoSM¥¿ç•çoQoSM©»ç K½ç
I³¥j•oÁogç Iç S·SM²¥o´Sç QS™I¥S¥ç •ç JgSMºç ¥•ç S•gJoÁSç o¥£ç
•dMS" AjSçSgr£‚J¥o´S癕¶Sç¥•çS•gIoÁSç JQç¥jSSfS祕çJK•o£jç
•cMS£ç  I™™oS£ç ¥–ç J‡ç •cMS£ç oM²Qogç •¶Sç P•²¥£ç S¸MS™¥ç •ºç
¥j•£SçMSI¥SQçKºç ¥jSç4•£©o¥³¥o•çn¥£SV"

  
     
 
BjSSç JSç •ç ƒS££ç ¥lJç VvV¥»ç 0,ç JQro£¥ J¥o´Sç JgSMoS£ç
™S\˜ohçJQoo£®J¥nµTçS¹SM²¥o´Sço´S£¯ohJ¥oµS睲„SJ|rh畝ç
œ³J£o{²QnMoIç ™•¶S£ç •ç Jç M•KoI¥o•ç •Vç§jS£Sç ™•¶S£$ç3Qç ¥jSºç
~SS™ç ²¥o™ºohç I£ç ™•KS£ç •Vç •QSç £•MoS¥»ç |SS™ç h•¶oh!ç
3Q“woo£¥I¥o´Sç IgSMoS£ç ISç g•´SS°ç K•QoS£ç MjIgSQç ¶o¥jç

#,^GBQHTc_c )2)c" c2)'*c"cc2)1'c%"c 4%%  c


&2HPTQc`
c )HaHLc2BUaI@Cc)TPPHWWITQc c2)1' c%%b
 /9ZHTQ:Mc-;QAc3]ODWc9QAc*BBAXc0BGIW[U9\HTQc'APHRHXZV<ZHTRc` c )H`HMc2EV`H@B
)TPPJYWHTQcc2)1(c!c5K%%8 c
+FcM=c.N>S=c_ c'M?;cc 2)1(c%c6%$7
(.<3>3FHE*I8L/˜:(M˜ 
4xŠ‚~\ŽWŠ~ƒ—˜

/:tWyX“™=XyR°0y:°Xvm=t=y™XyR° ‚0™X8l0°m=RX“m0˜]}y“  *U=°o


­
—y’°¡U¤° ˜U==°U0“°6==y°0°y==:°J°0y:°0°R} XyR°yœt6=°}C°“ƒ=®
7Y0mYª=:°0:uXyX“™0™Xž=° 0R=y8X=“°0ˆ=°0“°J€mm} “°
 -°y8m}R°8}‰™°:}8j=™“°+}°Š=mZ=ž=°8}™“°}D°™U=°6‹:=y°}E
Œ>”}mž^yR°1mm°8}y™}ž=“X=“°“„=8X0mX«=:°0R=y8X=“°U0ž=°6==y°8=0™=:°™}°
U>0° 0y:° :=8X:=° 0™X8m0°:^“„™?“ 
 -° u==™° ™U=° R} XyR° 8}vm=¢X™^=“° }E° v}:=y° “}8X=™¤ °“
„Ž}6m=w“°}E°v}:=y°“}8^=™¥°wm™X„m¥°¡U^8U°80y°U0:m¥°6=°w=™°6¥°™U=°
m=RX“m0™=°0:uXyX“™0™Xž=°0R=y8X=•°0=°=“™06mX“U=:°™}°„}v™m¤°8}=°
„°¡^™U° “8U° „}6m=v“ 
 -°U=m°^y°™U=°=Tm0™X}z°}E°0u[Ig=:°08™\žX™X=“°}E°0°:=ž=m
}XyR°8}y™©°
 ,}°=y™s™°™}°“„=8^0mX¬=<° 0R=y8^=“°]y°“=8^N=:°N=m:“° ]™U
™U=X°“„=8^0m°jy} m=:R=°=£„=^=y8=°0y:°80„06^m^™¤°™U=°™0“j°}E°:=0mXyR°
¡^™U° „}6m=v“° ™U==}E° 0“° ™U=¥° U0Ÿ=° ™U=° =£„=^=y8=° =£„=™X“=° 0y:°
„}¡=°}E°:]“„0™8U°™}°„}ž[:=°“}m™]}y“°™U==™}
,U=“=°=0“}y“°y=8=““^™0™=°™U=°8=0™^}y°6¦°"}yR=““°}E°0°yv6=°
}E°0:w^y^“™0™^ž=°2R=y8^=“ °

,U=° v}“™°8}vu}y°™¥„=“°}E°0;vXyX“™0™Xž=°6}:X=“°™0“j=:°¡X˜U°
™U=° :™X=“¯°0y:° } =“° }E° „=Pv^yR° 0:v^yX“™3™]ž=° =Rn0˜}‘§°
^yž=“™_R0™Xž=° ‡3“^m=Rh–m0™^ž=°0y<° ‡0“^ i:X8^0m°Ey8™^}y“° }° }y=°
}°0y¤° 9}u6^y0™]}y°™U==}F° u0¤° 6=°8m0““`O=:°0“°J€mm} “°
° R=y8a=“° 8‹=0™=:° ™}° Ey8™]}y° ^y° “^™0™a}y“° ¡U==^y° ™V=°
R}ž=yu=y™° X“°}M=byR° “}u=° R0™b™§° S0y™° }°“…=8^0m° „^ž]m=R=“°
p^j=°™U=°:=Gy8™° &Ubqb„†Xy=° .=™=0{“°~05° }0:° }y° &=y“c}y“°K°
.=™=0y“° 'UXmb„Xy=°.=™=0y“°:x]y]“™0™X}y° #}ž=yv=y˜°)=žX8=°
$y“0y8=°)¥“™=v° 0y:°™U=°)}8X0m°)=8^™¥°)¥“™=v°
 ° R=y8^=“°“=™° „° ™}° Qy8™^}y° ^y° “]™0™^}y“° ¡U==^y° šU=°
R}ž=yv=y™° ^“° “==k^yR° ™}° 80¨° }y° 8=™0^y° R}ž=yv=y™0m° Ly8™]}y“°
m^j@°™U=° =0°}EruvdR0™e}|°›A°!B0°}H°%˜=y0m°(=ž=y=°™U=°
}0:° }E° )„=8X0m° $y‡f¤° 3y:° }4:° }E° "}vv^““^}y=“° ™V=° "]žXm°
)=‘ž]8=°"}vuX““b}y° ™U=°"=y˜0m° 0yj°

C^VsjX˜” ˜,~‚‹˜d˜)_On†˜˜G-D)˜"˜&&N
 ;hPxeP˜+Q—˜;€eeiye˜5zX ˜ ”˜ 9‘\e`˜ 0xQe`˜9o—˜#˜ &%$ ˜

G~ti]˜ 2~w`‡˜6{W˜”˜Kƒaˆj‹R˜?R—S–Rp˜(e˜&˜ &%&˜
! 
Db—`‰˜”˜,T|cVR ˜

 
+q’`˜+P„˜,~Y~yŒ˜@fkv˜•˜JU}’iZ~ ˜9…˜9“r—˜& ˜&%%'˜ASYm`Š˜+`vu˜Bglv
˜
7x[˜”˜G1, ˜=P—˜& ˜ &%$˜
 #$*+(-0H!1H"1H&%H'/H&7(*H
%H ,&%H!2H

k1 
þþþ þ¬
þþ þ Aþ þ.[
  þþ(+ ±8þM×҅þ´ijMBH—--þ-'à/C•'þ§ÝKþê þ 
þÎþ þ
þþØsø  þ‚Ùþ†/CþÆtþ} Ï ‹þˆQáÇþ
þ 7þ   0þ  þ 4þ !0 Sþ N þ #.Fþ
 
þ "þ
l] 2
þþ þþ< 
þ*þ Nþ)þ)þ.\
 þþ„ ëŒþr˜úðɍì™þ“ñçBH'æèþ=¦
þ þ Þ 9
þ *÷
 þ þ þcùe”þ¹
ºþ Tþ  þ µAþƒ  þ ª
Uþ
5>E
þ þ þ3
þ # 1þ
m^ 
šþ  þ þ þ ­
þ þ òþ Q þ 
›  þ þ ¯ûþ þ8,Ð
þ ,þ þ ²Ê þ ,KÀ þ
þ –þ Ó;f»;|þ Ñþ ¶þ p
DDþ þ wõ
þ
v ¼þþþyþ3
VþO þþþ6þ¡þ&þ

íþ þ þ âÚ(Ÿþ 6  Ôþ$ _þ
n` 
þ þ þ þ ¨ 
þ þ  Ûþ  þ )
  þþ³þÅþÊ* ’
 bq«‡þ 
 þþ
 þ þ 
ÁËþ ̽
0þ gŽþ 
·þ éþ þ 4Fþ % þ
! þ# þ þ$ þ¢þ2?åþ!¾þ þ!?þ
۩E
þ£þ þ&öþ¤þ% Wþ   þ<þ%9þ7ãXþ‰ þ
þ &þ " 
o" 
þ  þ þ þ ®
þ þ  þ  þ  
/  þþÈxZ þ

þ ° þþ üäþœý

=+þ(+G ÖYþ: GI‘óÜIþ JLþ ßLJuž:î¿þ¥þ
Õ þ ô
¸þ þ
þ $ þ þ z þ dh@Pþ ï@þ ~PÂÍþ   þ þ
{ Oþþ  þ 
Rþ 5>Ä
aþ

 ;H?<9A=>4CH*4=F9@8H.E:HBD56HGH H*)H


H  3H
  
 
   

  

  


?.¡ %!‚B)¡)nxn^Y!x›¡ uxCf)CuY.‚¡ n3¡…?.¡ !aZn)!…Cnf¡n3¡un—.x‚¡Cg…n¡
[.<C‚[!…C–.S-C)C!›¡!g-¡.š.)…C–.¡!x.¡…?.¡‚.u!x!…Cng¡n2¡un—.x‚¡!f-¡
…?.¡‚›‚….d¡n3¡)?.)W‚¡!f-¡&!Z!g).‚¡!dnf:¡…?.d¡-.‚E:g.-¡…n¡ux.–/f…¡
)nf).g…y!…Cnf¡n3¡un—.x‚¡‚¡!¡x“Y.¡…?.¡-n)…zEg.¡n3¡‚.u!x!…Eng¡n3¡un—.x‚¡
uxn?B%C…‚¡ …?.¡-.[.:!…Enf¡ ¡ \.:D‚]!…E–.¡ un—.x¡ …?.¡ –.‚…Cf:¡n3¡T-B)C![¡
n6O).x‚¡—C…?¡gng U-C)C![¡9f)…Cnf‚¡!‚¡—.[[¡!‚¡…?.¡Cg–.‚…Bf:¡n3¡fnhž
T‘-E)C!Y¡n8).x‚¡—E…?¡S-B)B!Z¡un—.x‚  …¡—?C[.¡ng.¡%x!g)?¡C‚¡fn…¡…n¡
Ef–!-.¡†?.¡-nd!Cf¡n3¡…?.¡n…?.x¡gn¡ng.¡%x!g)?¡)"i¡#,Ž¡˜C@o’‡¡!f–¡
u!…B)Bu!…Bng¡nx¡)?.)X¡5€nd¡…?.¡n…?.x¡'x!f)A.‚¡—AL)A¡…A.¡ng‚…F……Gnj¡
xŸ)p;e1ƒ¡!g-¡ v.xdHˆ‚¡¡
¡ ?.¡ -n)…xCf.¡ n3¡ ‚.u!x!…Eng¡ n3¡un—.{‚¡ C‚¡ fn…¡ !f¡ Cxng)[!-¡
x.‚…xC)…Cnf¡!<!Cg‚…¡-.[.:!…Cnf¡n3¡un—.x‚¡ ?.¡uxBf)BuZ.¡?!‚¡%..g¡d!-.¡
…n¡!-!w…¡C…‚.Y4¡…n¡…?.¡)ndqY.šE…C.‚¡n3¡dn-.xg¡:n–.xfd.f…‚))nx-Bf:[œ ¡
™C…?¡…?.¡:xn—Mf<¡)rdu.š›¡r|¡dst.~g¡cR. ¡‰A.¡d“bIuYC)!…Cnf¡n3¡Š?.¡
‚(S.*…‚¡n3¡<n–.xfd.g…!Y¡x.<[!…Cnf‚
¡!f-¡…?.¡Cf)x.!‚.-¡-C6P)”Z…›¡n3¡
!-dEfE‚….xCf:¡ …?.¡ ^!—‚ ¡ …?.¡ xC<C-E…›¡ n3¡…?.¡ …?.nx›¡ n3¡‚.u!x!…Cnf¡ n3¡
<n–.xfd.f…![¡ un—.x‚¡ ?!‚ ¡ …n¡ !¡ [!x<.¡ .š….f… ¡ %..f¡ x.Y!š.-¡ %›¡
u.xdC……Cg<¡ …?.¡ -.Y.=!…Cng¡ n3¡>.!….x¡ un—.x‚¡ %›¡…?.¡Y0<J‚[!…“x.¡ !f-¡
…?.¡ –.‚…Cf:¡ n3¡!¡Z!x<.x¡ !dnf…¡ n3¡-C‚)x.…Cnf¡ Eg¡ !-dCkE‚…x!…C–.¡ !f-¡
.š.)…E–.¡!:.f)E.‚¡!N-¡n7Q)C!Z‚ ¡fn…¡nf[›¡Cf¡…?.¡.š.)…Bng¡n3¡…?.¡Z!—‚¡
%‘…¡!Y‚n¡Ef¡…?.¡uxnd“_<!…Cng¡n3¡+.x…!Eg¡x“`.„¡!g-¡x <“^!…Enl‚¡!f-¡…?.¡
!-V-C)$…Bnf¡ n3¡ )[!Ed‚¡ !g-¡ -C‚u‹.‚¡ )!Y)•Z!Œ.-¡ …n¡ uxndn….¡ u%YC)¡
Km†.}.‚…


2*2/-2 2 2
1 &',!202%((#+.2 2"$)2 2


2
: $.%6,/)03:!4: 5:'&: (2#:'*-:
%:!1'%:"5:

+YD]Dnwf#wF|,„#>,](F,n„],FwA,e„ 1#UX„ z]+,f„wA,„ R,>FnR#wC|,„ ]_f„


N{+F(F#R„&g#\(A,n„_2„>_|,f\Y,\r„,\(,„D\„#((_f+#[(,„}FtA„wA,„tAf,,„
(S#nnF9(#sF^]n„_2„>_|,f]Y,]w#S„c_},fn„wA,„Y_f,„R_>F(#RR„5%VR„{]+,f„
wA,„,~,){wF|,„+,c#fwY,]w„hA,„#f,„>m#\t,+„&„wA,„R,>FnR#w{f,„}EwA„
#+YF]Dntf#wF|,„,~,({tF|,„D\|,nrF>#w_f€„T,>FnR#wF|,„_i„O{+F(F#R„c_},jn„
_f„#„(_Y&F\#wE_\„ _2„wA,n, „ #n„,~(,cwF_]n„t_„tA,„>,\,f#R„f{R,„#>#F]nw„
+,R,?#uD_]„ _2„ c_},f„ "A,„ #f,„ wA{n„ #„ +GnwF]‚( r„ +,c#fwY,]w„ _3„
>_|,f\Y,\w„
+YF]Fnrf#wH|,„#>,](F,n„ A#|,„ c_},fn„ _f„ <](tF_]n„}AF*A„ #f,„
#+YF]Fnwf#wF|,„ #]+„ n_Y,tFY,n„ YF]Fnw,fF#R„ E]„ (A#f#(t,f„ #n„ },VR„ #n„
d{#nF R,>GnR#vF|,„_f„d{#nFP{+H(F#R„c_}-f
„#n„Y#„&,„(_]7fe.+„&„wA,„
_]nwFt{wH_\„_f„&„R#} "A,„A#|,„_\R„n{(A„c_},fn„ƒn„#f,„,~cf,nnU„
>m#\w,+„t_„wA,Y„&„R#}„#]+„tA_n,„wA#w„#f,],(,nn#fFR„FYcSF,+„D\„wA,„
,~,f(Fn,„ wA,f,_4„
"A,„w}^„Y_nw„FYc_fw#]w„c_},fn„ _2„#+YD]Dnwf#wF|,„_8(,fn„#f,„
wA,„d{#nIU,>FnR#tD|,„#\+„wA,„d{#nFQ{+D(F#R„c_},fo„"A,„:fnw\#&V,n„
wA,Y„ t_„ cf_Y{R>#r,„ IYcR,Y,\tD\>„ f{U,n„ #\+„ f,>{R#wF_\n„ #\+„ wA,„
n,(_]+„,\#&R,n„wA,Y„t_„F\w,fcf,w„#]+„#ccR„n{(A„f,>{S#wF_\n„ !{(A„
#ff#]>,Y,]x„A#n„',,]„#((,cw,+„#n„#„5%(w„_2RJ60„_2„Z_+,f]„>_|,f]Y,]wn„
#]+„ (#\\_w„ &,„ (_]nF+,f,+„#n„|F_R#wF|,„_2„+{,„ cf_(,nn„#n„R_\>„ #n„wA,„
(#f+D]#R„ f,d{Ff,Y,]wn„ wA,f,_2„#f,„ _&n,f|,+  w„A#n„&,,]„ n#F+„wA#w„
rAFn„(_Y'F]#wJ_]„_2„c_},fn„ Fn„vA,„cfF](Fc#R„f/$p`]„}AF(A„A#p„@F|,]„
fFn,„w_„yA,„],(,nnKw„_2„+YF]Fnwf#wE|,„#}„#n„#„\,}„(R#nnF;(#wF_\„
_2„wA,„ R#}

        



w„Fn„#„n,yvS,+„cfF](FcR,„_2R#}„wA#w„F\„+,w,fYF\F]>„}A,wA,f„#\„
#+YF\Fnwf#wF|,„ #>,\(„ A#n„ (,fw#F]„ c_},fn„ wB,„ F]d{Ff„ nA_{R+„ &,„
6l_Y„ wA,„ R#}„ Fwn,W2„#]+„ wA,„ #{wA_fFw„ >F|,]„ nA_{U+„ &,„ RF&,f#SR„
(_]nwf{,+„F\„wA,„RH>Aw„_2„wA,„c{fc_q,n„5bf„}AF(A„Fw„}#n„(k,#w,+„#]+„
rA#w„}AE(A„Dn„F](F+,\w#RU„],(,nn#j„w_„ #„=RR„FYcR,Y,\w#wD_\„_2„wA,„
S,>EnR#wF|,„ D]w,\w„ nA_{R+„ &,„ {cA,R+„ #n„ &,F\>„ >,fY#\,„ wa„ wA,„ U#}„
,(,nn#fMU „ w__ „ }A,f,„wA,„ ,]+„Ln„f,d{Ff,+„ tA,„#ccf_cfE#t,„ Y,#]n„
#f,„ +,,Y,+„>F|,]„

(_ 2tl F#"



.U]ZiV`@q-`QX`IJmW`Q@`G 7ADTX`K;Sfiv /LaMm /NC #$# 
|0uOnxgbw *( ! <+:)  :
8
}h&spe ;TUjkU`R5YcKr1dEv98-( !! -+: :7 9
yz'  3 ? H :

  { ~6[^4PoB  !;,:(\ =%##>
#(0+2+785"9+:)’/%’ 
3kRry’lV’#OeZfZzƒr@„Z‹R’#XRfJZR|’
&’ )ŽpsR{{’AgO’,eqb]SO’4kRt|

1a?J‰;o¬A‚}Ž‰–AŽ_‚}¬a¬;D‚‡ŽID¬Ž‚¬J};?oJ¬;D{a}`Ž‰;Ža›J¬;Zkª~©
CiK¬Ž‚¬DaA^;‰[J¬Ž^Ja‰¬;a[}JD¬D—ŽaJ¬a}¬;AAƒ‰D;}AJ¬aŽ^¬^J¬oJ\h©
p;Ža›J¬ ‡–‰‡‚J¬ ‚‰¬a}ŽJ}Ž¬,‚‰¬ a}Ž:}AJ¬ a}¬ya}J¬ aŽ^¬ Ž^`¬‡‚oaA¢¬ &«'J¬
7˜‡‰J{J¬ *‚–Œ’¬ –Ž;a}JE¬ Ž^J¬ A‚{‡JŽJ}AJ¬‚R¬2;Ža‚};q¬ .‚–a}[¬(–©
^‚‰aŽ£¬a}¬Ž^J¬JŸJ‰AaJ¬‚R¬Ž^J¬l–‰aFaAŽa‚}¬›JŽJD¬a}¬aŽ¬?¤¬ 4+¬2‚¬%#$¬
>}D¬ 5+¬ 3‚¬ !""¬ Ž‚¬ DJŽJ‰{a}J¬ ‘^J¬ ‰a[^Ž¬ ‚R¬Ž^J¬ ‡;‰ŽaJ¬ –}DJ‰¬ ;¬
B‚}Ž‰;AŽ¬ Ž‚¬Joo¬;¬–?Da›aa‚}¬o‚Ž /Ž¬ –‡^JrD¬Ž^J¬‡‚J‰¬‚R¬Ž^J¬?‚;‰D¬
‚R¬’‰;}‡‚‰Ž;Ža‚}¬Ž‚¬`–J¬‡‰‚›a`‚;o¬‡J‰{aŽ¬;¬;¬ŽJ‡¬Ž‚;‰D¬Ž^J¬
sJ[;ta§;Žb‚}¬‚S¬A‚u‚‰–{¬Ž; cA;?¬‚‡J‰;Žd‚}  0Ž¬^JuD¬Ž^;Ž¬Ž^J¬‡‚JŠ¬
„T¬Ž^J¬ JA‰LŽ;‰¤¬ ‚U¬ˆ–?uaA¬ ‚‰n¬ <}D¬ A‚{{–}aA;Ža‚}¬ Ž‚¬ ‚‰DJ‰¬Ž^J¬
‰J{‚œ;o¬;¬;¬‡–?oaA¬}–a;}AJ¬‚R¬Ž^J¬A‚}Ž‰–AŽa‚}¬‚‰¬@–aoDe}[¬‚R¬D;{¬
DanJ¬^aA^¬J}A‰‚;A^¬a}Ž‚¬;}¤¬‡–?oaA¬};›a[;?oJ¬‰a›J‰¬Ž‰J;{ ¬A‚;Ž;o¬
;ŽJ‰¬;}D¬;}¤¬ };›a[;?oJ¬‡–?oaA¬ž;ŽJ‰¬‚‰¬;ŽJ‰;¤¬a}Ao–DJ¬Ž^J¬
a}AaDJ}Ž;v¬;–Ž^‚‰aŽ¤¬Ž‚¬DJŽJ‰{a}J¬^JŽ^J‰¬Ž^J¬J}A‰‚;A^{J}Ž
¬Ž^‚–[^¬
aŽ^a}¬•aŽoJD¬ ‡‰‚‡M‰“¤¬ ;‰J¬ aŽ^`}¬Ž^J¬ ?JD¬ ‚R¬;¬ ‰a›J‰¬ ^aA^¬ A;}¬ ?J¬
DJAo;‰JD¬;¬‡–?oaA¬}–`;}AJ¬;}D¬‚‰GJ‰JD¬‰J{‚›JD¬
8^J¬‡‚J‰¬‚R¬J JA–Ža›J¬‚‰¬;H{a}aŽ‰;Ža›J¬;[J}AaJ¬‚‰¬‚XAa;o¬
;‰J¬JaŽ^J‰¬J ‡‰J¬;}D¬a{‡oaJD¬‚‰¬DaA‰JŽa‚};‰¤¬ ;}D¬{a}aŽJ‰a;o ¬ ‚‰¬
Da‰JAŽ‚‰¤¬ ;}D¬{;}D;Ž‚‰¤¬

 
 



¨¬ -N€N‹=zz¥
6–?oaA¬ ‚WjA`;o¬ ‡‚J¬ ‡‚O‰ ¬ }‚Ž¬ ‰a[^Ž¬ 8^J‰J¬ {–Ž¬ ?J¬ ;¬
[‰;}Ž¬‚R¬;–Ž^‚‰aŽ¦¬^JŽ^J‰¬J¡‡‰J¬‚‰¬a{‡qaJD ¬ Ž‚¬m–ŽaR¤¬ ;}¤¬ ;AŽ`‚}¬
Ž;nJ}¬?¤¬Ž^J{¬/}¬Ž^J¬;?J}AJ¬Ž^J‰P‚R ¬^;Ž¬Ž^J¤¬D‚¬;¬‡–?o`A¬‚WjAa;o¬
r;An¬ ›;o`DfŽ¤¬ ;}D¬ `R¬A^;ooJ}[JD ¬ |–Ž¬?J¬JŽ¬;aDJ¬ 1;¬a¬Ž^J¬‚}o¤¬
–‡‰J{J¬ ‡‚J‰¬ ™}DJ‰¬ A‚}ŽaŽ–Ža‚;w¬ [‚›J‰}{J}Ž¬ ;}D¬ J›J‰¤¬ {;}¬
^‚¬?¤¬ ;AAJ‡Ža}[¬ ‚WjAJ¬ ‡;‰ŽgAa‡;ŽQ¬a}¬aŽ¬Vš}AŽa‚}¬a¬…}o¤¬ Ž^J¬ {‚‰J¬
Ž‰‚}[u¤¬ ?‚–}D¬ Ž†¬ –?{aŽ¬ Ž‚¬ Ž^;”¬ –‡‰J{;A¤ ¬ ;}D¬ Ž‚¬ ‚?J‰œJ¬ Ž^J¬
oa{aŽ;Ža‚}¬^aA^¬aŽ¬a{‡‚J¬–‡‚}¬Ž^J¬J J‰AaJ¬‚R¬Ž^J¬;–^‚‰aŽ¤¬ ^aA^¬
aŽ¬[a›J ¬
)¬‡–?uaA¬‚YAa;o¬J J‰AaJ¬‡‚J‰¬aŽ^a}¬Ž^J¬o;¬^`A^¬];}Ž¬aŽ¬
8^J¬[‚›J‰}{J}Ž9`ŽJxR a¬{J‰Jo¤¬;}¬;[J}A¤¬ Ž^‰‚–[^¬^aA^¬Ž^J¬aoo¬‚R¬

7lcZP’*leS}’-gK’Œ’3AAB`’ ’7'5$’’
 1 C…[Sh‘m’Œ ’$HTddStC’ ’7'6$’’<.
*S\u~’nW’7Di†[AYm’4E‡vDa’Œ’ 7ULtS†Ft’mW’4‰I`[M’;mw_€’DiQ’'oeeŠi]NGˆ[mj’
’7'5#’’=> ’
7AxLm{’Œ
’'C‚ƒ^`dm!’’7'6$’’< ?
z 17C<D@IKG1K<M:zB1NzB2NzEDz FL4B=5zE;;<59GIz
1D8z9B95K>EDzB3Oz

W7'kVWW'k8Vk'^KP'VV'$kG$k'G+JP"'$k WVk I0="8BVk W7'P'+JP'k P'kB8A'c


]8V'k5'GWVk'GWP[VW'$k]8W7kW7'kP'VKIGV88B8W_kI*k&8V"7P58G5k8WVk4G#h
W8IGVkVk V["7kW7'P'k8VkGIkKP'V[EKW8IGkW7WkW7'_k Q'k 'EKI]'P'$kWIk
"W k7'P'kE[VWk'k k%'B'5W8IGkI*kV["7k[W7IQ8W`k'8W7'Qk'^KQ'VVkIQk
i8EKB8'$ k GkW7'k V'G"'k I*k k \B8$k 6GWkW7'_k P'k $'\I8$k I*kKI]'P
7Wk W7'_k $IkV[+-'PVk,SIEk.WBk8G+=PE8W_ k WkE[VWk'k"IG"'$'$kW7X
$'KQWE'GWBk b'Bk E_k GIWk 'k K'PE8WW'$k WIk I[WP[Gk W7'k [W7IQ8W_
"IG/PQ'$k _k VWW[W' k '8W7'PkW7'k 7857k $85G8W_k I*kW7'k I0="'k GIQk W7'
P857W'I[VG'VVk I*k W7'k EIW8\'k 8Vk Gk ""'KWB'k V[ VW8W[W'
k W7'P]8V'
W7'kQ[B'k I*kB]k'"IE'Vk k E_W7k
^"'KWk +JPk "IGVW8W[W8IGBk I0="8BVk ]7Ik "Gk WP"'k W7'8Pk "IjK'h
W'G"'k WIk "Wk WIk W7'k 4G$E'GWBk B]k 8WV'B*k k K[B8"k I1"8Bk E[VWk
BI"W'k 8Gk W7'k VWW[W'k Q'B8'$k [KIGk k 5QGWk I*k KI]'Qk '+JQ'k 7'k "Gk
'^'Q"8V'k8Wk WkG''$kGIWk'k'^KQ'VV k WkE_k'k8EKB8'$k3IEkW7'k]IQ$d
8G5kI*kW7'kC]  Wk8Vk^8IEW8"k8GkI[Qk"IGVW8W[W8IGBk+TE']IQAkW7Wk
5I\'QGE'GWkQG"7'VkG$k$E8G8VWQW8\'k5'G"8'Vk'^'Q"8V'kIGD_kW7Wk
KI]'Qk$'B'5W'$kWIkW7'EkVk$'2G'$k8GkW7'k IGVW8W[W8LGkIQk8GkB'58VBe
W8IGkIPk8GkIW7 k7'kO[GW[EkI*kKI]'PVkKIVV'VV'$k_kGk$E8G8VWPf
W8\'k 5'G"_k ,JPE8G5k KPWk I*k W7'k '^'"[W8\'kPG"7k ]8BBk'k B8E8W'$kWIk
W7Wk "IG*'PP'$k '^KP'VVB_k IPk _k G'"'VVP_k IU +8Pk 8FMB8"W8IGk 9Gk 8WVk
'GB8G5k"W kGk$E8G8VWPW8\'kI0="'Qk7VkIGB_k V["7kKI]'QVk Vk Q'k
'^KP'VVB_k 5PGW'$kWIk 78EkG$kW7IV'kG'"'VVP8B_k 8ENB<'$k8GkW7'k'^'Pg
"8V'k W7'P'I*k

        




'WWB'$k 8Vk W7'k Q[C'k W7Wk>[Q8V$8"W8IGk WIk 7'Qk G$k $'"8$'k "V'Vk
]78"7k8G\IB\'VkW7'k'^'P"8V'kI*k$@[$8"WIQ_k KI]'Qk 8Vk"IG+(QQ'$kIGB_k
_k W7'kIGVW8W[W8IGkIQk_k VWW[W'kWk"GGIWk'k"IG*'QP'$k_kW7'k[B'Vk
I*k I[PW  [P8V$8"W8IGk I\'Pk W7'k V[!'"Wk EWW'Pk E[VWk '^8VWk Vk k
EWW'Pk I*kB]k G$k"GGIWk'k+=^'$k _k 5P''E'GWk I*kW7'kKPW8'Vk "h
O[8P'$k W7PI[57k IPk ]8\'$k 'GBP5'$k IPk $8E:G8V7'$k ak G_k "Wk IPk
IE8VV8IGk G'8W7'Pk "Gk 8Wk'k "IG,)PP'$k _k "O[8'V"'G"'k I*kW7'k WP8[h
GB k Gk $E8G8VYPW8\'k5'G"_k "GGIWk 5QHYk ;WV'B*k?[Q8V$8"W8IGk WIk
$'"8$'kkKPW8"[BPkEWW'Pk_k 8VV[8G5kZ7'kKKPIKR8W'kP[B'VkG$kP'5[

Megh^`Uozu
z IsWc\mzzI5G1z!0-zP0'0Q
HU\cmz5mjjslcYUpcmlozm_zpa^zFaciz?lZ zv zIVlqcU`mz#.zJ5G1z!0z0+"Rz
$1yUn[mlzwzIUl]d`UlXUxUlz+0zI628z0%!z00+T
(Fdk^lr^fzvz5EC9B95zzI5G1z+)0z0-S
,5btl`zAUz4dmzw z?25z* zJ5G1z& "z&"% #!)z0./T z
/2:7;7?@>.@8B3„9.C„ 
=i~Tmr„iZ„/Re_f^tvnJv_{T„/\UgP_Ts„
0 „ 3knVtt„JhS„8ekb_TR„ =i~Tou„

[<pQdbn… Qa… pPC… CxCj?QnC… dE…Qpn… hs<nQ [CNQn[<pQuC… fdwCj… wPCjC… pPC… Cb …
<>[QbM… np<pspC… @dCn… bdp… nd… ?dbHDj…
/sjQn@Q?pQdb… ?<bbdp… >C… Q`f[QC@… Hld`… pPC… [<b<MC6dE…€… nq=qsqC…
Qb… qPC… =>nCb?C… dF… =…?[C=j… [CMQn[=pQƒC……QbpCbq… pd… qP=q… CHIC?q… -F…qPC…
[=bMs<MC… dF…pPC… [=w…Qn…?[C=j…=n…pd… pPC…n?dgC…dF…SsjQn@Q?pQdb… Mk<bpC@…Qp…
?=bbdp…>C… ?dbnpjsC@…pd… Qb?[s@C… pP<p… wPQ?P…Qn…bdp… ?dbHDjjC@…2PC… +bz
nsj<b?C… 'd@C … Hek…Qbnp=b?C …Mj<bpn… pPC… ,bnsj<b?C… 'd``QnnQdbCj…pPC…
gdwCj… pd… =AXs@Q?=pC… ?[=Q`n… <b@… ?d`f[=Qbpn… bdp… Cx?CC@QbM… dbC… Psbz
@jC@… pPdsn=b@… gCndn… Qb… =by… nQbM[C… ?[<Q` … Cx?[s@QbM… QbpCjCnp … ?dnpn…
=b@…<ppdjbCyn… LCn…Qbud[uQbM… =by…[dnn… @=`<MC…dj…[Q<>Q^Qpy… Hej… wPQ?P…
<b… QbnsjCj… `<y… >C… <bnwCj<>[C… sb@Cj… <by… ZQb@…dG…fd[Q?y… dj…?dbpj<?p…
Hej… Qbnsj=b?C… ,p… P=n… >CCb… PC[@… pP<p… pPQn… TsjQn@Q?pQdb… @dCn…bdp… ?duCj…
?[=Q`n… dj… ?d`f[<Qcpn… <jQnQbM… Hld`… jC[=pQdbnPQf… =HJC?pQbM… Qbnsj<b?C…
?d`f<by…<b@…Qpn…<MCbpn…<n…pPC…?d``QnnQdbCjn…hs=nQTs@Q?Q<[…<spPdjz
Qpy…Qn…[Q`QpC@… pd… <BYs@Q?<pQbM… ?[<Q`n… <b@…?d`f[=Qbpn… KR[C@… >y… pPC… Qbz
nsjC@…<M<Qbnp…pPC… Qbnsj<b?C…?d`f<by…
1jd>[C`n… =n… pd… wPCpPCj… =b… =@`QbQnpj=pQuC… =MCb?y… P=n…
UsjQn@Q?zpQdb… dvCj… ?Cjq=Qb… `=qqCjn… =jQnC… wPCb… pPC… \=bMs=MC… dF… qPC…
[=w… Qn… bdp…?[C<j… .b… 
 
     
     

 pPC… QnnsC… j<QnC@… Qn…wPCpPCj… pPC… &d<j@… P<n… TsjQn@Q?pQdb…pd…
jCnd[uC… =n… pd… wPd … >CpwCCb… pwd… ?dbpCb@QbM… fjQu<pC… CbpQpQCn … Qn…
CbpQp[C@… pd… ?Cjzp<Qb… M=j`„bp… hsdp=n
… fs8j ns<#p… pd… pPC… 9fdwCj…
Nj<%pC@… Qp… >y…:;… ^<w… pd… ?<b?C[… dj… nsnfCb@… hsdp<… <[[d?<pQdbn… 5PQ[C…
Pd[@QbM… pP<p… pPC… &d<j@… P=n… pPC… TsjQn@Q?qQdb… pd… @d… od … pPC… 'dsjp…
ChsQud?=pC@…<n…pd…wPCpPCj…pPC…Mm<bp… w<n… CxfjCnn… dj… `CjC[y… Q`f[QC@ …
<ff=jCbp[y… >C?<snC… pPC… [<bzMs<MC… dE…pPC… [=w… Qn}…bdp… nd… ?^C<j… ,p… n=Q@ …
0b… pPC… ><nQn… dE… pPC… fjduQznQdbn… dG… ]<w… ?QpC@… x… x x … pP<p… fdwCj… pd…
<@Ts@Q?<pC… db… pPC… hsCnpQdb… dE… =b… CbpQpyn… CbpQp[C`Cbp… pd… Cxfdjp…
<[[d?<pQdbn… w<n… CxfjCnn[y… Nm<bpC@…pd… pPC… *3() … dj… <p… pPC… uCjy… [C<np …
w<n…bC?Cnn<jQ[y… Q`f^QC@…Hld`…pPC…fdwCj… pd… ?<b?C[… dj… nsnfCb@… isdp<…
<[[d?<pQdbn … Qn…>Cydb@… ?<uQ[

4PC…Oj=bq… dF…Us@Q?Q=[… dj… is=nQVs@Q?Q=[…fdwCj…pd… pjy… =?pQdbn… ?=jz


jQCn… wQqP… Qq…  bC?Cnn=jy… =b@… Qb?Q@Cbq=[…fdwCjn…qd… C`g[dy… =[^… wjQpn …
fjd?CnnCn… <b@… dpPCj… `C<bn… CnnCbpQ<^… pd… `<ZC… Qpn… TsjQn@Q?pQdb…
CHJC?zpQuC… (uCjy… jCMs[<j_y… ?dbnpQpspC@… ?dsjp… dj… ht<nQWs@Q?Q<[… >d@y…
P=n… (AKybW„{ „?Kfwir„„?1>/„%„**‚
+=_eUgwUc„{ „ 1<:3931„ „ ?1>/„ '&*„ D*),„ 2_eL\`OM„ |„ 5TnLcST „ 
=]_d „&„*%)F „
=]_b„/eTp_QKf„9_[W„7f r „1i„ }„ /gsKbRi
„!#„?1>.„%*„E**$I
'*„?1/2„%%„&)„?1>/„%)„**'G
l„*%
"?]_ia_„{„ 6Kp}W€ „ $!„ =]_c„!!!„*H-„?zLfWr„{ „ 1]_T Z„/QQiyfwLfv„jZ„x]X„4Yqƒ
NwW „)„=]_c„)''„*$)F„
&y 19H?I?QTP1RBW;yG1X
y G1Xy LJyNV6G@8yL==@8;PQy
4J:y ;E;8SCMKyE5Xy

XRo&[xeRx#RxEJxe35O2bxo35 3x[&x[&bRODsxO& &bc[sx+V[xe3&x#M5Ov


5be[e6ROx R*x ;ibe5 &x o5e35Ox e3&x b RX&x R*x 5ebx ;i[5b#5 e5ROx O#x /[x e3&x
&O0[ &M&OexR*x5ebx<i#2M&OebxO#xMO#e&b x  R[#5O2LsxiOE&bbxe3&x
&OE5O2xEoxX[Rl5#&bxRe3&[o5b&xxZib5>i#5 5GxR#sx3bxe3&xXRo&[x
eRx 5bbi&xxo[5exR*x&p& ie5ROx+V[xe3&x&O+V[ &M&OexR*x5ebx#& 5b5RO 
3&x &p&[ 5b&x R*x ;i#5 5Fx R[x Zib5?i#5 5Ex XRo&[x [&Zi=[&bx e3ex
e3&\&x&x[iE&bxR*xX[R &#i[&xR*xe3&x#M5O5be[e5m&x2&O sxo35 3xX[e5&bx
5OlRB5O2x7ebx;i[5b#5 e5ROxO#xb&&C5O2x[&E5&*bxe3&[&1RMx3l&xeRx+VLERo x
3&x 2[Oex R*x Zib5 >i#5 5ExXSo&[xeRxe3&x 2&O sx [[5&bx o5e3x5exe3&x
XRo&[x eRx 5bbi&x O#x X[RMiD2e&x [iL&bx R*x X[T &#i[&x +V[x e3&x X[RX&[x
&p&[ 5b&xR*x5ebx %i#5 eR[sxXRo&[x&l&Oxe3Ri23xe3&x&OE5O2xLox 5bx
b5L&OexRPx e3&x Mee&[x R[x5ex 5bxb&ehG&#xe3exo3&[&x x2&O&[Lx 2[`:exR*x
XRo&[x5bx RO+)[[&#xR[x#iesx&QAR5O&#x&l&_sxX_e5 iL[xXRo&[xO& &bbax
,W]x f3&x &q&[ 5b&x R*x e3&x RO&x R[x e4&x X&[+V[MO &x R*x e3&x Re3&[x 5bx LbRx
RO*&[[&#xsxO& &bb[sx5MXL5 e5RO  &O &xo3&[&xe3&xEox#R&bxORex
X[&b [8&xe3&xX[e5 iE[xM&e3R#xeRx&x+VGERo&#xsxOx#M5O5be[e5n&x
2&O sx5Oxe3&x&p&[ 5b&xR*xxXRo&[xl&be&#x5Ox5exsxGoxe3&x2&O sxMsx
#RXexOsx[&bROG&x M&e3R#xeRx [[sxRiex5bx+kO e5ROb 
Ox

 
 

  e3&xiX[&M&xRi[ex[iE&#x
e3exe3&x5l5Gx&[l5 &xRMM5bb5ROx5Oxe3&x&p&[ 5b&xR*x5ebxZib5
?i#5 5Ex
*iO e5ROx3bxe3&xXRo&[xeRxR[#&[x&p& ie5ROxR*x5ebx#& 5b5ROxo35 3x3dx
& RM&x .OEx ex b5#x e3ex e3'x 2_Oex eRx e3&x e[5iOHx R[x 2&O sx R*x
#;i#5 eR[sxXRo&[xR[xe3&xie3R[5esxeRx3&[xO#x$@i#2&x b&bxb3RiE#x
OR[MLKsxO#xIR25 LLsx&x#&&M&#xeRx5O Ei#&xe3(x2_OexR*xie3R[5etxeRx
&O+W[ &x R[x &r& ie&x g3&x ;i#2M&Oebx 5ex e3ibx [&O#&[bx iOE&bbx e3&x Eox w
Re3&[o5b&xX[Rl5#&bx0[xe3&xie3R[5esxeRx#& 5#&x b&bx5bx5Oie5E&xiOL&bbx
 RMXO5&#xsx e3&x ie3R[5esx eRx b&&xe3ex o3ex3bx&&Ox#& 5#&#x5bx
wx
[[5&# x

 
 
 
  

 
    
3&x#ie5&bxO#xXRo&[bxU*xYjL5!xU-"&^bxNux&9e3&[x&xM5O5be&v
[5ExR[x#5b [&e5RO[sxxM5O5be&[5Ex#iesx5bxRO&x o35 3x5bxbRx E&[xO#x


N1Fy <ioemx^^qy1rqjy wy N3F
y"yN`agy%,%y.(&y
!'>QAQywy 8bwbfyQ^pwb\^y8miibsqcmj y""y Q8P1y)..y /.
$2j_[p[ywy ;f^\ump[fy8miicqqbmk
y(%y O`cey %.y .%(
#*Npmwd]^luyU^^y=[pit yBj\ y 7[v[pbn
yDp y&.y Q819y,%"%yQ8P4&(%yYh0..& 
#-""y Q8P4y+..y  ..Zy
%*.+0,574$8+9l-&:l
1ZjI]_lZJl#FWQXQ_c]@cQhHl#LHYESH`l
' l.PYQacH]QATlAXGl)QaC]IeQZXA^kl2ZjI^b

‚v;5ZL5£0‚£  e;0Š;£or£|rrm£M|£„U;£;Ž;|5Z‚;£r>£9Z‚5|;„Zro£Zo£Z„‚£w<~•


M|m1o5; ££v‰|;e‘£mZoZ‚„;|Z0e£05„£r|£9‰„‘£Zo£ 5ro„|09Z‚„Zo5„Zro£„r£0£
9Z‚5|;„[ro0|‘£05„£ [‚£ro;£ ‹S[5S£0o£ r@A^5;|£r~£„|[3‰o0d£ x;}@u~m‚£ [o£ 0£
RŠ;o£ ‚„0„;£ r>£ ?™5„‚£ Zo£ 0+£ v~;‚5|Z3;9£ m0oo;~£ Zo£ r3;9[;o5;£  „S;£
m0o90„;£ r>£e;O0e£ 0‰„Tr|[„£ ‹Z„Sr‰„£ ~;O0|9£ „r£ „S;£ ;Z‚„;o5;£ r>£S[‚£
r‹o£a‰9;o„£‰xro£„S;£x~rx~[;„‘£r~£[mx|rx~[;„‘£r>£„S;£05„£9ro;£!>£
„Uš£ e0Œ /Z–yr‚;‚£ ›'œ*£ $%o£ ž£ v’3eŸ5£ ,&I^5;|£  zP£ O[Š;‚£ 4"—£ „S;£
~ZQU„£ „r£ 9;5[9;£ Sr‹£ ‹V;o£„W;£ 6k‰„‘£ ‚l0ee£ 3;£ x;- ~N~m;9£ ‚‰5S£
9‰„¡£ 8[”5~¢…f7p.0o9£ or„£ m[o[‚„;|[0e£ (S;£ 9‰„‘£ [‚£ m\o\‚„;~\0g£
roh‘£‹S;o£„S;£ 9[‚5S0|O;£ r†£ ‡X;£ ‚0m;£ |;{‰]~;‚£ o;[„S;|£ „S;£ ;;~5Z‚;£
r>£rH^5[0e£9Z‚5~;„Zro£or~£b‰9Om;o„
(U;£F5„£„U0„£„U;£ 9‰„Z;‚£r>£0o£rBC_5Z0e£0~;£ mZo[‚„;~Z0e£9r;‚£or„£
o;5;‚‚0|Ze‘£Bteer‹£„U0„£S;£m0‘£or„£Zo£„S;£09mZoZ‚„|0„Zro£r>£SZ‚£rK5;£
9;„;|m[o;£ {‰;‚„Zso‚£r>£e0‹£ (S[‚£9;„;|m[o0„Zro£r>£‹S0„£„S;£ e0‹£Z‚£
[oŠreŠ;‚£„U;£;;|5Z‚;£r>£b‰9Om;o„

  



 

  
  
£m[o[‚„;|`0e£ 9‰„‘£Z‚£ ro;£‹S[5S£ [‚£‚r£5e;0~£ 0o9£ ‚x;5[D^5£ 0‚£ „r£
e;0Š;£ or£|rrm£ N|£„S;£ ;;|5[‚;£ r>£9[‚5~;„[ro£[o£[„‚£ x;~N~m0o5;£ #o£
„U;£ r„S;~£ U0o9£ 0£ 9[‚5~;„[ro0~‘£ 9‰„‘£ [‚£ „S0„£ ‹S[5S£ 3‘£ [„‚£ o0„‰~;£
~;{‰[|;‚£„S;£;;|5Zƒ;£r>£b‰9Om;o„££x‰~;e‘£m[o[‚„=[0e£05„£r~£9‰„‘£[‚£
ro;£[o£‹S[5U£0o£r@A^5;|£r~£„|[3‰o0e£v;|N|m‚£[o£0£OZŠ;o£‚„0„;£r>£G5„‚£
Zo£0£v|;‚5|Z3;9£m0q;|£Zo£r3;9Z;o5;£„r£„U;£m0o90„;£r>e;O0e£0‰„Sr|[„“£
‹Z„Sr‰„£ |;O0~9£ „r£ rˆ£ „S;£ ;;~5Z‚;£ r>£S[‚£ r‹o£c‰9;o„£ ‰xro£ „S;£
v|rv|Z;„‘£r>£„U;£05„£9ro; £ ‰„£Z>£„S;£e0‹£Zmvr‚;‚£0£9‰„‘£‰xro£0£v‰3eZ5£
rI_5;|£2o9£OZŠ;‚£YZn£„S;£|ZOU„£„r£9;5Z9;£Sr‹£r|£‹S;o£„S;£9‰„‘£‚S0ei£
3;£ v;|Er|m;9 £ ‚‰5U£ 9‰„‘£ Z‚£ 9Z‚5|;„Zro0|‘£0o9£ or„£ mZo[‚„;|[0e£ )S;£
9‰„‘£ Z‚£mZoZ‚„;~[0e£ roe‘£ ‹S;o£ „S;£ 9Z‚5S0~O;£ r>£„S;£ ‚0m;£ ~;{‰Z|;‚£
o;[„S;£„S;£;;|5[‚;£r>£rJ5Z0e£9Z‚5|;„Zro£or|£b‰9;o„
(S;£9[‚„Zo5„[ro£3;„‹;;o£m[o[‚„;~[0e£0o9£9[‚5~;„Zro0~‘£xr‹;~‚£
r~£9‰„[;‚£[‚£[mxr~„0o„£  9;„;|m[o;£‹S0„£|;m;9‘£m0‘£3;£0Š0[e;9£r>£
3‘£0o£0OO|Z;Š;9£ v0~„‘£ 0O0Zo‚„£ „S;£ oro x;|@t|m0o5;£ r>£9‰„‘£ 3‘£„S;£
rJ5;~£  „S;£ :‰„‘˜£[‚£ m[o[‚„;|[0e£    m0‘£ jZ;£ „r£ 5rmx;e£
v;|N~m0o5;£Z>£„U;£9‰„‘£[‚£9[‚5|;„[ro0}‘
£0£x;„[„[ro£@u€£ 
 m0‘£

'A^PXZl i l 'A[fTZXMl l 6'#)l ll6'3#ll!l/BdIZlh


l 'Zg^dlZK
#[[IAUbll6'3#l
l

#bfXCRZYlh l)Il;]RA^cIll1NRV ll< l
 5
ADZlh l#\fQXZll2OQU l l="l/@eHZlh l(#ll6(3#ll> ?l
#   ##" ## # #
 # 
#!#

B: l b7 T l ^7 T l :Zl 6T` l _Z l O"l 9[U ]9OLl HO_L^:L6l ^Ol BAl O#l
?_T:Z:^:OLlOLl^7 l QT^l O#l^7 l O&'<:Bl OTl I:L:Z^T^:` l 6 Ld l

   
   


Zl l 6 L VBlY_B l :ZT ^:OLl:Zl^7 l %_B^dl OL# TT l _QOLlLl


O/:Bldl b7:7l 7 lHdl  : l l R_ Z^:OLl :^7 Tlebdl Ll Z^:BBl l
T:67^

:ZT ^:OLlb7 LlQQB: l^OlQ_B:l#_L^:OLT: ZlH LZllQOb Tl
OTlT:67^lOL+TT l_QOLl^7 IldlBblO#l^:L6lO-=:BEdl_L Tl T^:Ll
:T_IZ^L Zl_LOL^TOBB ldl^7 l@_ L^lOTlOL\: L ZlO#lO^7 TZ l
^7 l Bbl :IQOZ Zl l _^dl _QOLl l Q_B;l O,= Tl Ll 6>` Zl 7:Hl ^8 l
T:67^l^Ol : l7OblOWl7 Ll^7 l_^dl Z7BBl lQ T(PTH lZ_7l_^dl
:Zl:ZT ^:OLTdl LlLO^lI:L:Z^ T:Bl
l:ZT ^:OLl L^T_Z^ l^OllQ_F:lO$'= TlHdl LO^lZllT_B l l
 B 6^  l ^l7Zl  Ll 7 Bl ^7^l Ll O/ Tl ^Ol b7OHl l:ZT ^:OLl:Zl
L^T_Z^ lLLO^l B 6^ l:^l^OlLO^7 Tl ^7 l QT h_IQ^:OLl :L6l^7^l
7 lbZl7OZ Ll _Z l7 lbZl H l2^lLlOJQ ^ L^l^Ol c T:Z l
^7^l?_ L^l Ll :ZT ^:OLl Ll _LB ZZl ^7 l QOb Tl ^Ol Z_Z^:^_^ l
LO^7 Tl:Ll7:ZlQB l7Zl Ll 6:` Ll ^Ol 7:Il7 lLLO^l  B 6^ l 7:Zl
_^: Zl^OlLO^7 T lLl^7OZ lZ Zl:Llb7:7l^7 lQTOQ Tl c _^:OLlO#l^7 l
O.< lT S_:X ZlOLl^7 lQT^lO#l ^7 lO0 Tl^7 l c T:Z lO#l@_6K L^lOTl
:ZT ^:OLl ^7 l QT Z_IQ^:OLl:Zl ^7^l 7 lbZl 7OZ Ll _Z l 7 l bZl
 H l3^lLlOIQ ^ L^l^Ol c T:Z l^7^l@_6H L^lLl:ZT ^:OLl
Ll _LC ZZl ^7 l QOb Tl ^Ol Z_Z^:^_^ l LO^7 Tl:Ll7:Zl QB l7Zl  Ll
6>` Llf^Ol 7:Hl7 l LLO^l B 6^ l^Ol LO^7 V l
:ZT ^:OLl:Zl:Ll^7 lTTd:L6lO_^lO#lQ_G:l5M^:OLZl^7 l*_B^dl
OTl T:67^l b7:7l ^7 l Dbl OL#!TZl ^Ol ^l O1:BBdl _L Tl  T^:Ll
:T_IZ^L ZlOT:L6l^Ol^7 l:^^ ZlO#lO^7 TZlObLlOLij: L lOTl
?_ L^l b:^7O_^l ^7 l :HQOZ:^:OLlO#l ^7 l@_ N^l OTl OLk: L l O#l
O^7 TZ
 7 Ll QQB: l^OlQ_B:l#_L^:OLT: Zl:^lH LZllQOb TlOTl
T:67^l OL# TT l _QOLl ^7 Il dl Bbl O#l ^:L6l _L Tl  T^:Ll
:T_HZ^L Zl_LOL^TOBB ldl^7 l?_ L^lOTlOLZ: L lO#lO^7 TZ l
^7 l Bbl:IQOZ Zll _^dl _QOLl l Q_B:l O()< TlLl 6:a Zgl7:Il ^7 l
T:67^l^Ol : l7OblOTlb7 Ll^7 lQ_B:l_^dlZ7EBl lQ T4TH lZ_7l

,dhYBJZYo k o /Eo 8^K@gEo (o 2HLS o #%o :)!<+o 9ZiYGo l


o 1ZYAU@Yo "o 6.5,oo
)) o
1EQ@RCZo6ECh_MfNEdo .Z`\Za@gJZYom o 6@lETU@YZo &o 6.4,o(!o)(= o


-JY@WOb@on o 0@ccjDI[o ((o7.4,o"!o **> o
$2F[]RFon o4@X[eo'(o 3IPVo *o;*!'?o
%*/,0-564%,,7+j.&8j 

1QgBU[jQCj%AMFNH\^V<_FdBj%DBO>FB\j
) /;OA<_QWhj<NAj1BVMG\\HeBj*b`HB\j<NAj1QgBV\

$ljw~ ;g~ $;g!d'j;YSdw  ~$;g!d'j;YSdw~ $ljw~ ;g~ j7j~ t7;!7~ x~ :jg~
Sjld'~d'`l;d'g~j8'~'u'd!;g'~Y*~El$6O'Sj 
;g!d'j;YS~O'Sg~gYlS$~ $;g!d'j;YS~'v'd!;g'$~SYj~d ;jdd;Iy~Ye~
t;II,oIIz~ lj~ t;j~ d|6d$~ jY~ t8j~ ;g~ d;68j~ S$~ '`l;j I'~ lS$'d~k8'~
!;d!lOgjS!'g~ S$~ j7'~ It~ S$~ $;d'!j'$~ w~ Y0B!'dg~ d'gYS~ S$~
!YSg!;'S!'~ jY~lgj~d'glIj
} JS~ j8'~  g'S!'~Y*~d ;jdd;S'gg~Yd~6dp'~
 lg'~Y*~$;g!d'j;YS~j8'~Y1C!'d~!YS*'dd'$~t;j8~$;g!d'j;YS~jY~$'!;$'~~
al'gj;YS~Ow~ $'!;$'~j8'~`l'gj;YS~';j7'd~tw~S$~gj;IN~ '~d;68j S$~
8;g~ $'!;g;YS~ ;g~ SYj~ gl E'!j~ jY~ j8'~ !YSjddw~ Fl$6O'Sj~ Yd~ !YSjdYK~ Y*~
Yj8'dg 

  
    
  
 

!
# 
 8'~ ^Yt'dg~ S$~ $lj;'g~ Y+~ ^l I;!~ Y0B!'dg~ Yd~ $P;S;gjdj;p'
6'S!;'g~ Ow~ IgY~ '~ !Igg@.B'$~ g~ OS$jYdw~ Yd~ ^'dO;gg;q' ~ 7'~
bm(gj<YT~ g~ jY~ t9(j7(f~ ~ %njw~ Yf~ ^Zt(e~ r(hj(%~ =U~ V~ [2D"?L~ [e~
$O;Sgjdj>s'~6'S!w~;g~OS$jYdw~Yd~^'dO;gg;p'~$'^'S$g~l^YS~j8'~
G;S$*~ j8'~gjjlj'~t8;!dSj'$~gl!8~_ct'd ~
jjlj'g~ Ow~ '~~#IiiA,C'$~ ';j8'd~ g~OS$jYdw~ Yd~ $;d'!jYdw ~
8'~ !Igg;/C!j;YW~ ;g~ ;O^YdjSj~ ;S~ d'gYIp;S6~ j7'~ `l'gj;YS~ Y*~ t8j~
',-'!j~g7YlI$~ '~6@p'S~jY~ j8'~OS$j'~Y+~~gjjlj' ~;II~S~!j~$\S'~
;S~p;YIj;YS~Y+~~gjjlj'~d'S$'d~;j~pY;$~;II~j7'~SYS^'d4dQS!'~Y*~
t8j~~gjjlj'~^d'g!d; 'g~OH'~j8'~ ^dY!''$;S6g~jY~t7;!8~;j~d'Ij'g~
;SpI;$~;II~j8'~^'dgYS~p;YIj;S6~j8'~gjjlj'~ '~7'M$~I; I'~j8'd',]d~
8'~Sgt'dg~jY~j8'g'~S$~g;O;Id~`l'gj;YSg~$'^'S$~YS~t8'j7'd~j7'~
gjjlj'~;g~!YSg;$'d'$~ OS$jYdw~ Yd~O'd'Iw~ $;d'!jYdw ~

"  #  ## ####


8'~It~$'3S'g~t8'j8'd~~5S!j;YS~Yd~^Yt'd~p'gj'$~;S~S~Y0C!;M~
Yd~ $O;S;gjdj;p)~ 6'S!w~ ;g~ OS$jYdw~ Yd~ $;d'!jYd{ ~ ~ OS$jYdw~
gjjlj'~ ;g~ ~ gjjlj'~ t8;!8~ !YORX&g~ ';j8'd~ ^Yg;j;p'Iw~ j8j~ gYO'

3BRc=KH?jdj (<ScIQOE j##j5(3%jj##:


/<XFQjfj(<TcJQOE
jj5(3%j#j##i
!1BQSKBjdj2bF=<aB jj5(3'j#
j*H\\BO`j#"i
$ 9QcOEjdj/QO=L<P jj5(4'jj##i
 /BY<K@Qj5B@bZHaFB]j(QZSjfj 5;dBKJ<OQ
j j 5(3%j"j#"j

( #/(0(4536)9$}.:}. ;}10}28!.("}1%%*"$34}
0#}$.$"5,10}.;}

O.1@,e#e "B@#e BIe F#I'EI?#"e1@ee FIO1 S9IeVZe BIe@#,O1U#9[e O.Oe


MB?#O.1@,e#e @BPe "B@#e 9#U1@,eO.#eF#IMB@e B@ #I@#"e@Be .B1 #eB@e
O.#e?OO#Ie#Y #FOeOBeB#[e e?@"OBI[e MOOSO#e1MeB@#eO.O`e B@O1@Me
VBI"MeB$e B??@"eBIe B$eFIB.11O1B@ O.#eB?1MM1B@ePBe )E99BWeV.1 .e
I#@"#IMe O.#e FIB!##"1@,e OBe V.2 .e 1OeI#9O#Me 199#,9e @"e UB1"e BIe O.#e
U1B9O1B@e B$e V.1 .e ?7#Me O.#e "# 1M1B@e O.#I#1@e I#@"#I#"e 1@U91"e
 OMe #Y# SO#"e ,1@MOe O.#e FIBU1M1B@Me B$e?@"OBL[e BIe FIB/11OBI[e
9VMeM.99e#eUB2"e#Y #FOeV.#@eO.#e9Ve1OM#:$e TO.BI1]#MeO.#1IeU91"^
1O[ e 0#I#eeMOOSO#e1Me?@"OBI\eO.#e BSIOeBIeHSM14S"1 19eOI1S^
@9e .Me @Be FBV#Ie OBe "1MO1@,S1M.e #OV##@e ?O#L29e @"e 1??O#I19e
I# .eO.#I#B$eBIeB?1MM1B@eOBe B?F9[e V1O.eV.Oe1OeI#HS1I#Me.OeO.#e
9Ve"# I##Me ?SMOe #e B#[#"e ,1@MOe F1@eB$eM@ O1B@e BIe "# 9IO1B@e
B$e@S991O[e B$eV.Oe1Me "B@#e1@e"1MI#,I"eO.#I#B% 
e "1I# OBI[e MOOSO#e 1Me e MOOSO#eV.1 .e1MeF#I?1MM1U#e BIe"1M I#^
O1B@I[e 1@e@PSI#e @"e ?#I#9[e BSO91@#Me Q.#e  Oe OBe #e "B@#e 1@eMS .e e
V[e O.Oe@Be1@5SI[e @eI#MS9Oe)KB?e1,ABI1@,e1OeBJeP.Oe1OMeFSIFBM#e @e
#e  B?G91M.#"e 1@e e ?@@#Ie BO.#Ie O.@e O.Oe FI#M
I1#"e @"e MS_
MO@O1;9[e O.#e M?#e I#MS;Oe BO1@#" eMOOSO#e X.1 .e?#I#9[aeBF#I^
O#MeOBe B@*Ie"1M I#O1B@e SFB@e e F#IMB@e @?#9[e OBe  Oe  BI"1@,e OBe
O.#e "1 OP#MeB$e.1Me BV@e 5S",?#@Oe@"e B@M 1#@ #e @"e @BOe B@OIB=;#"e
[e O.#e6S",?#@Oe@"e B@M 1#@ #eB$eBO.#IMe1Me"1I# OBI[e e B@M1"#I1@,
R.#e @OSI#e B$ee "1I# OBI[e MOOSO#e O.#e @B@F#I'EI>@ #e b$eV.Oe 1Oe
FI#M I1#Me O.BS,.e B@NO1OSO1@,e1@eMB?#e 1@MO@ #Me@e1II#,S9I1O[e BIe
MS5# O1@,e O.#e B'(3 19e B@ #I@#"e OBe "1M 1F;1@I[e BIe "?1@1MOIO1U#e
M@ O1B@e V199e @BOeU1O1O#e O.#e FIB ##"1@,Me O.#I#1@e O8#@ e

  

 
.#I#e 1Me@Be S@1U#IM9e IS<#e [e V.1 .e "1Ic OBI[e FIBU1M1B@Me1@e e
MOOSO#e?[e 1@e99e 1I S?MO@ #Me#e"1MO1@-S1M.#"e+B?eO.BM#eV.1 .e
I#e ?d@"OBI[ e #2O.#Ie 1Me O.#I#e @e MC9SO#e O#MOe&DIe "#O#I?1@1@,e

!hHL^}u} 3HfsBWQC} ( 4"3}(!


(
 4<hS^<}u }"cshp}cI} %Phlp}+^lp=^CH} dI!sVQG^c^} ( 4"3}}" (


!hHL^}u
}3HfsBXPC} ( 4"3}(#
(
2hduQ^CQ>W}7H<mshHh}cI0HKhdn}CC }v }zCc_<} }2MRY }(! (
hp }}"SuSW}"cGH}!tyCd}u}20!} ( 2NQZ} (
(
 4=hQ`=}u }"dtkp}cI}%Qhnq}-^mq<^DH}cI!tVQG^c^} ( 4"3}} 
(
/Q[\Hh}u} .<VHxceG}'dslQ^K}"c } ( 0$} ((.3} (
(

"?f<qQ}u }1Dc]fd}(4"3}((%( /Hi=\Ed}4HEsjTrU|o}"dig
}w
}4@uH\\=ad}
( 4"3} ($& (
/<hFHWQ^c}u
}"ht{}& 3 }0c} (/=iEO}  ( (2OQ\
oob}dJ}%iHH}.ABdi
8^Qd^n}u} 4HCiHr=iy}dI}.=Bdk}( 4"3} (' (
PP 
=M+@CP=,P)7090CH@"H0L+P.+:'1+DP
P ";)"H>AOP#;)P+A82EF3L+PJI4+GP$;)P>N+BD
i7&_7&Yvv\__e_OXmv#8Y&!_8OKv8\v_Ov&v!OK\8#&Y&#vGK#_OYmvOYv#;Y q
_OYmv Kv_7&v#&_&YH8K_8OKv O)v_78\v We&\_;OKv_p=&vUY9GYnvO>&!_v:]v 
\!&Y_KvB&5u\C_8h&v8K_&K_v7&vB&58\E_8h&v;K_&K_vGe\_v&v O_;I$v
2OGvBBv_7&v\eYYOeK#;K5v!8Y!eG\_K!&\vK#v_7&v#&_&YG8K_8OKv#P'\v
KO_v#&V&K#vOKv_7&v+TYJvO)v_7&v\__e_&v OK\8#&Y_;OKvGe\_v&v58h&Kv
_Ov_7&v&K_8Y&v\__e_&v8_\vO&!_v VeYVO\&vB&58\B_<h&v78\_OYmv K#v_7&v
!OK\&We&K!&\vi78!7viOeD#vY&\eB_v3OGv!OK\_Ye8K5v8_vOK&vimv OYv_7&v
O_7&YvK#v_7&v\__e_&vGe\_v &v !OK\_Ye&#v 8Kv !OLK&!_8OKvi8_7v O_7&Yv
Y&B_&#v \__e_&\v OY#\v O)vV&YG8\\8h&v !7Y!_&Yv Gmv &v 58h&Kv v
GK#_OZmv \85K80!K!&v8KvOY#&Yv_Ov&/&!_v_7&vB&58\E_8h&v;K_&K_v K#v
i7&Kv _7&v _&YG\v O)v v \__e_&v Y&v \e!7v _7_v _7&mv !KKO_v &v G#&v
&+-&!_8h&v_Ov_7&v&l_&K`vO(v58h8K5v&!7vK#vBBvO)v_7&Gv\OG&vY&\OKB&v
OV&Y_8OKv i8_7Oe_v "OK\_Ye8K5v _7&v \__ea&v \v GK#_OYmv \e!7v
!OK\_Ye!_8OKv\7OeB#v&v5;h&K[
Kv_7&vO_7&Yv7K#v_7&vBK5e5&vO)vv\__e_&v7Oi&h&YvGK#r
_OYmv 8Kv .TYGv Gmv &v #&&G&#v #8Y&!_OYmv i7&K&h&Yv _7&v F&58\F_8h&v
VeYVO\&v !Kv&\_v &v !YY8&#v Oe_v mv \e!7v !OK\_Ye!_8OK v e_v_7&v !OKq
\_Ye!_8OKv O)vGK#_OYmv iOY#\v \v #8Y&!_OYmv \7OeB#v KO_v &v B857_Fmv
#OV_&#vK#vK&h&Yvj7&Y&v8_viOeB#v8Kv+!_vGA&vvK&ivBiv8K\_&#vO)v
_7_v V\\&#v mv _7&v B&58\B_eY&v 7&_7&Yv v \__e_&v 8\v GK#_OYmv OYv
#8Y&!_OYmv #&V&K#\vOKvi7&_7&Yv_7&v_78K5v#;Y&!_&#v_Ov &v#OK&v8\vO)v_7&v
&\\&K!&vO)v_7&v_78K6vY&We8Y&#vOYv8\v vG&Y&vG__&YvO)v1YGvK#vi7
_v
8\vv G__&Yv O)v&\\&K!&v !Kv O,d&Kv &v #&_&YG;K&#vOKBmv mv ?e#8!8Bv !OKq
\_Ye!_8OKv!!OY#8K5Emv i7&Kv v VY_8!eBYv VYOh8\8OKv O)vv \__e_&v Y&
tvB_&\v _Qv \ON&v 8GG_&Y;Bv G__&Yv \v _Ov i78!7v !OGVB8K!&v k8_7v _7&v
\__e_&v*v vG__&Yv O)v!OKh&K8&K!&vY_7&Yv _7Kv\e\_K!&v OYv i7&Y&
_7&v#8Y&!_8OK\vO)vv^__e_&vY&v58h&KvG&Y&Bmv i8_7vvh;&iv_Ov_7&vVYOV&Y
OY#&YBmv K#vVYRGV_v !OK#f!bvO)ve\8K&\\v ;_v8\v5&K&YBBmv Y&5Y#&#v\
#8Y&!_OYmv eKB&\\v +TBBOi&#v mv iOY#\v O)v \OFe_&v VYO7;8_8OK v K#v 
\__e_&v8\vY&5Y#&#v\v#8Y&!_OYmv i7&Y&vKOv \e\cK_;BvY857_\v #&V&K#
OKv8_v KOv8M@eYmv !KvY&\eB_v 4OGv 85KOY;K5v ;_v K#v _7&v VeYVO\&v O)v_7&
B&58\B_eY&v !Kv&v !!OGVB8\7&#v 8Kv v GKK&Yv O_7&Yv _7Kv _7_v VY&s
\!Y8&#v i8_7v \e\_K_8BBmv _7&v \G&v Y&\eB_ v Kv _7&v O_7&Yv 7K#v 
VYSh8\;OKv Y&B_8K5v _Ov_7&v &\\&K!&v O)v_7&v _78K5v_Ov &v#OK&v _7_v8\v _O
G__&Y\vO)v\e\_K!&v8\v GK#_OYov K#v i7&Kvv ,8Yv ;K_&YVY&__8OK
O)vv\__e_&vi78!7v#8Y&!_\v!_\vOYvVYO!&&#8K5\v_Ov&v#OK&v8Kvv!&Y_8K
imv \7Oi\v _7_v _7&v B&58\B_gY&v 8K_&K#&#v v !OGVB8K!&v i8_7v \e!7
VYOh8\8OKv _Ov &v &\\&K_8Bv _Ov _7&v hB8#8_mv O)v_7&v !_v OYv VYO!&&#8K5v OY
i7&Kv\OG&vK_&!&%&K_vK#vVY&Y&We8\8_&v!OK#8_8OK\vGe\_v&l8\_vVY8OY

%-&*&PLP K+<(?P
P/56P  P !P
` #/(1(9:7;J>%`-?`*@`32`5= +)!`4&&(!$78`
2#`%,%"<(32`*?`

XIk X0"k "a"Q 4V"k I$kX0"k MI`"Qk IQk E\VX"k N"Q*QE"!k"%LQ"k "QX4Gk
IX0"Qk NI`"QVk Gk "k "b"Q 4V"!k X0"k VXX\X"k E\VXk "k Q"-Q!"!k Vk
EG!XIQc


 




 
   

0"kX"VXk-"G"Q??ck "EN?Ic"!kXIk!"X"QE4G"k`0"X0"QkkVXX\X"k4Vk
EG!XIQckIQk!4Q" XIQckIQkX0XkI$kX0"kNI`"Rk]"VX"!kck4Xk4VkXIkV "QX4Gk
X1"k IGV"O\"G "VkX0Xk`4@?k*??I`k4Gk V"k`0XkX0"kVXX\X"kQ"O\4Q"Vk
4VkGIXk!IG"kIQk`0Xk4Xk%LQ4!Vk5VkN"Q%LQE"! kI"VkX0"kVXX\X"kNQ"V Q4"k
k Q"V\?Xk4Gk !!5X4IGkXIk IQk NQXk +IEk `0Xk4XkhQ"P\4Q"Vk 4??k X04Q!k
NQX4"Vk V\%&"QkVkk IGV"O\"G "k I$k`0Xk X0"k N"QVIHk 0Q-"!ikck X0"k
VXX\X"kXIk!Ik`4X04GkkNQ"V Q4"!k@4E5Xk%4?VkXIk!JkI"VkX0"k?`k/:]"k
kN"QVIGkGIk?X"UX4^"k 0I4 "kVk`0XkX0"kVXX\X"kNQ"V Q4"VkkEXX"Qk
I$kV\VXG "kG!kGIXkI$k%LQEk4A?kX0"Q"k"kEIQ"k4G;\Qck XIkX0"kN\B4 k
ck k !4VQ"-Q!k I$k`0Xk X0"k ?`kNQI]4!"Vk X0"k GV`"QVk Q"k4GkX0"k
)QEX4]"k X2"k VXX\X"k 4Vk Vk k Q\?"k EG!XIQck IX0"Q`4V"k 4Xk 4Vk
!4Q" XIQd k
0"X0"Qk k VXX\XIQck jQ"O\4Q"E"GXk 4Vk EG!XIQck IQk !4Q" XKQck
!"N"G!Vk IGk4XVk "%&" X k GIk V\VXGX4@kQ4-0XVk !"N"G!k IGk 4XkG!kGIk
4G;\Qck GkQ"V\?Xk,IEk4-GIQ4G-k4XkG!kX0"kN\QNIV"kI$kX0"k@"-4V?X\Q"k
Gk "k  IENA4V0"!k 4Gk k EGG"Qk IX0"Qk X0Gk X0Xk NQ"V Q4"!k G!k
V\VXGX4A?ck X0"k VE"k Q"V\?XVk IX4G"!k X0"Gk X0"k VXX\X"k `4??k
-"G"Q??ck"kQ"-Q!"!kVk!5Q" XIQck\Xk4$kGIXk5Xk`4C?k"kEG!XIQe 
4E4?T?ckVXX\YITckQ"O\5Q"F"GXVk6GX"G!"!k%LQkX0"kNQIX" X4IGkI$k
X0"k 4X4f"GVkG!kck k!4VQ"-Q!kI$k`04 0X0"4QkQ4-0XVkQ"k4G<\S4I\V?ck
%&" X"!k Q"k Q"-Q!"!k Vk EG!XIQck X0"ck E\VXk "k %LA?I`"!kIQk X0"k
 XVk !IG"k `4??k"k 4G]?4! k 0"k NI`"Qk I$kX0"k I) "Qk 4Gk V\ 0k V"Vk 4Vk
A4E4X"!kgck X0"kEGG"QkG!k IG!4X4IGVk'LQk4ZVk "b"Q 4V" k
kVXX\X"k`4??kGIXk"k IGVXQ\"!kVkEG!XIQck G!kQ"O\4Q4G.kk
N\?4 kI) "QkXIk Xk`4X04Gkk "QX4GkX4E"k?4E4Xk"_"Gk4$k4Xk4Vk I\ 3"!k
4Gk`IQ!VkI$kNIV4X4]"k IEEG!k7$k4 Xk`4@?k \V"k0Q!W04NkIQ 4G=\VX4 "kIGk
X0"k NQXk I$kX0"k N\D4 k `0Ik 4Vk GIXk Xk (\?X  IQk `4?@kk VXX\X"k"k
4GX"QNQ"["!k Vk EG!XIQck 8$k4Xk `4??k ?"!k XIk V\Q!k 4ENIVV4?"k IQk
E4V 04"]I\Vk IGV"O\"G "V k0"kVXX\X"k`4??k4GVX#!k"k IGVXQ\"!kVk
!4Q" XIQckVIkVkXIk]I4!kV\ 0kQ"V\?XVk`4X0I\XkNQ">\!9 "kXIkV\<" X4G-k



0OQRGV`] `-CPG^TTF`'T\YMSK`"T ``2%```*7``A `
.TS`] `RQG_``-
GF ``B
6\GX\ENS`] `"T\W[`TI`UUHDQZ``5LNR ``B

y %-3040786(90<.y2'=y y
5bqKefybNy%J_U`UfheDiUnKy%RK`FVKfy
.
.eebefyWay.sKeGWfKybOy5brLeg

eC+uU9I'+]u'UR'+]R+)ueUu!)PEREce]!eEi+uc!R'eEURu3X]uCEcu3$EMh]+ugYu*Uu
kC!eueD+uM!ku]+\hE]+c
u

 



   

     
        
suC+uAUi+]RP+Rdu'!Ru)UuRUuk]URA ueu!heCU]En+cuURNluM+A!Mu!'ecu
%luEecuU9I'+]c
uecuU<'+]cu!R)u!A+Recu)Uuk]URAuU]u'UPPEeuhR!heCU]En+)u
!'ec uHO)ukC+RueC+lu)UueC+lu!]+uRUeu+]]U]cuUa!'ecuU0ueC+uAUi+]RP+Re u
U]ueCEcu]+!cURu eC+uAUi+]RP+ReuEcuR+i+]u+ceUZZ+)u&luch'CuPEce!L+u
U]u+]]U
u+EeC+]u)U+cuEeu%!]u?eh]+u!'eEURuERu!''U])!R'+ukEeCuM!k u0u
eC+uPEce!L+uU]u+]]U]u'!hc+cuZ]+Kh)E'+ueUu!RUeC+]u!R)uEeuEcu)UR+uERu%!)u
6EeCuU]u%+lUR)ueC+uc'UZ,uU0uCEcu!heCU]EeluC+u!MUR+uEcuME!%N+ueC+]+=]u
!R)u C+u'"RRUeu ERiUL+u eC+u RURch!%EMEelu U0ueC+u ce +u !cu !u )+4/Rc+u
!A!ERceu CEcuZ+]cUR!Mu ME!%EMEem 
Ece!L+cuU0uAUi+]RP+ReuZ+]cURR+MuERuZ+]4X]P!R'+uU0ueC+E]u)heE+cu
cCUhM)uRUeu!7+'euZh%ME'uERe+]+ceu]]U]cuU0uZh%ME'uU<(+]cucCUhM)uR+i+]u
)+Z`Fj+u eC+u Z+UZM+u U0ueC+u ]EACeu eUu ]+'eE1lu eC+Pu !R)u ]+'Ui+]u kC!eu
PFACeu %+u MUceu U^u %!]e+]+)u !k!luERu !Rlu !'eEURu )+!Mu U]u e]!Rc!'eEURu
'UR'+b-) u
C+u ce!e+u #heCU]Eo+cuURMlu M+A!Mu !'ec%lu EecuU:J'+]c u R!heCUp
]En+)u !'ecu U0uAUi+]RP+Reu U:I'E!Mcu!]+uRUeu !'ecu U0ueC+u ce!e+u !S)u!Ru
!'eEURu!B!ERceueC+uU;'E!Mcu%luUR+ukCUc+u]EACecuC!i+u%++RuERi!)+)uU]u
iEUM!e+)u %lu ch'Cu !'ecu 4X]u eC+u Z]Ue+'fGUTu U0uCEcu ]EACecu RUeu !u chEeu
!A!ERceueC+uce!e+ukEeCERueC+u]hM+uU0uEPPhREeuU0ueC+uce!e+u3_UPuchEeu
EPEM!]Mmu!Ru!'eEURu!euM!ku!A!ERceu!uce!e+uU35J'+]uURueC+uA]UhR)ueC!eu
kCEM+u 'M!EPERAu2Wu !'eu 4X]ueC.u ce!e+u C+u iEUM!e+cu U]u ERi!)+cu eC+u Z+]q
cUR!Mur!R)uZ]UZ+]elu]EACecuU0ueC+uZM!EReE8uhR)+]u!RuhR'URceEeheEUR!Mu
!'euU]uhR)+]u!Ru!cchPZeEURuU0u!heCU]EelukCE'CuC+u)U+cuRUeuC!i+uEcu
RUeu!uchEeu!A!ERceueC+uce!e+ukEeCERu eC+u'URceEeheEUR!MuZ]UiEcEURueC!eu
eC+uce!e+uP!luRUeu%+uch+)ukEeCUheuEecu'VRc+ReuChcu!Ru U<'+]uch+)u
ERuCEcuZ`Fi!e+uU]u[+]cUR!Mu'!Z!'Eelu4X]u!'ecu)UR+u%+lUR)ueC+uc'UZ+uU0u
CEcu!heCU]EeluU]u4X]uhRM!k@MuU]ueU]eEUhcu!'ecukCEM+u)Ec'C!]AERAuU:Jp
'E!Mu@R'eEURu'!RRUeuERiUL+ueC+u)U'e]ER+uU0ute!e+uEPQhREelu>UPuchEe u

3DeHK\Uabyn y +ejuy/ 6y4b y!y3DeISy!y "!


x6MdkE\ZHyoy5TU1y6DEEUiy)kfy2XaKfy0aG
yy7+6%yy?"B#y-YeKIiceycQ*lw
eKDky bNy;[KGb__maWHDiUbafyp y%]URDKayy7+6%y!y@"C$y>D_beDypy+bmehybPy:Dty
&ddKD^fyy7+6&yy"C y
 2MnKeUvDyny 0%,y y7+6%y!yA"!!
‡ +2<7=7CEA-F7I4‡:+J‡:,J‡>=‡?G.:70‡>55804AD‡
+=2‡4:40E7>=‡;,J‡

GObU3 bGUO5C bG#bRSU b5BBXC5T^bDCFUb bXR bRbCb5CRUOXB CUb


&IObJ OJ UOU5C2bCb 7C;XRU7 b

"# # # #  # # 


# # 
Ub7Rb&B7?6ObOX? bU3Ub OOGC GXRbJJ?5U5GCbCb C/O B CUb
G#bU3 b?\b_bJX?5bG+ ORbGbCGUb?G<bRXR MX CUbOO UbJJ?6U6GCb
G#bU3 bRUUXU bCbU3UbU3 b2GZ OCB CUb5RbC Z Ob RUGJJ b_bB7RU= b
GOb OOGObGCbU3 bJOU_bG#b7URb2 CU CbGU3 Pb\GORbU3 b2GZ OCB CUb
CbRXR NX CU?_bGOO UbU3 bB7RU= bGObU3 b OOGC GXRbJJ?7U5GCbG#b
U3 b ?\  bJ ORGCbNX5O Rb CGb Z RU b O523Ub9CbRX3bB6RU= b
Ub 7Rb b -OB?_b R UU? b OX? b G#b?\b U3Ub U3 b HZ OCB CUb 6Rb CGUb
GXCb_b U3 b OOGORbGBB5UU b_b 5URb2 CUR b Cb U3 bK O&IOBC bG#b
7URb 2GZ OCB CU?b &YCU5GCRb U3 b UU b CCGUb  b RUGJJ b _b U3 b
C 2? Ub G#b7URb 2 CURb Cb G, OR
b AU3GX23b U3 bG[ OCB CUb B_b
2 C O??_b b RUGJJ bU3OGX23bU3 b*:OBU7Z b URbG#bJX?5bG, ORb
U5C2b \7U35Cb U3 b U3 7ObXU3GO5U_b U3 b C 2? UbGOb GB6RR6GCbG#bJX?5b
XU8 Rb\5??bCGUbCbR3GX?bCGUbJOGX bU3Ub ) U 3 bOX? b7RbBGO b
UOX bU3Cb6CbU3 b. ?bG#bU]U5GCbUb7Rb]7GBU7bU3UbU3 bGZ OCB CUb
CCGUb Cb BXRUbCGUb b RUGJJ bJOU9X?O?_b 6CbBUU ORb 6CZG?Z6C2b
U] R b ] Rb O b U3 b ?7(?GGb G#bU3 b CU5GCb U3OGX23b \373b U3 b
2GZ OCB CUb 2 C5 Rb GCU7CX b UGb GJ OU b Cab \5U3b \353b U3 b
2GZ OCB CUb2 C7 RbGCU7CX bWGbGJ OU bCb\7U3b\463bU3 bUU b
&' URb 6URb $XCU7GCRb0ObU3 b\ ?&O b G#b6URbGCRU7UX CUR b3 b!OQGORbG#b
 OU7CbB5C5RUOU5Z bG*: ORbR3GX?bC Z Ob b??G\ bUGb; GJO5` b
U3 b GZ OCB CURb&:CC5?b JGR5U5GC 

"# # #


!
GZ OCB EUbG*:5?RbO b JO RXB bUGbJ O/OBbU3 8Ob1CU6GCRb
\7U3b O 2X?O5U_b Cb RUOGC2b Z7 C b 7Rb C  RRO_ bUGb O XUb U36Rb
JO RXBJU7GC  C Ob U3 b?\b G#bJX?7b G*: ORb VRbGC b6Cb U3 b
J O&IOBC b G#bG*:7?b XU7 RbO bJOGU U b _b U3"b LO RXBJU6GCb G%b
2GGb&5U3bCb Z CbB5RU> RbGBB7UU b_bRX3bJX@5bG*: ORbO b

#Gma|]Z‡C|S|]w‡o^‡+k]rbXQ‡€ ‡A]„]w‡ &‡C0A+‡&‡K&&N*‡C`S}_‡€‡0o}s|‡o_


+qq]Rhw‡&‡C0A+‡"‡L&&  ‡
'?]pqi]‡‡ 0Rx|Rn][S‡‡C1B+‡!‡M&$$
@`cjfqqcn]‡/Swg]|WRjj‡+xxn ‡ ‡0+‡‡ C0+3‡‡"‡C0†‡$‡L O
‡
0plldxwdpn]r‡ p_‡9n|]rmSj‡B]]n~]‡‚‡ 1pt|‡p_‡EVƒ‡+qq]Sjy‡ ‡C0A+‡$
)‡ …‡
M&&P ‡

z{uT|R\‡H ‡6UvYeU‡‡ C1+3‡%‡‡C1B+‡‡((P‡
#%!&(M)M
AI1BDMA2M0<6=7DEB-E6H1M41>.61DM
MBBABDM8?MK1B.9D1MA3M AJ1BD

13<G <&31 .G :G.31"G :G&<G&:G13<G:$3?1G<$ <G<$@G?8G/3<&> <GAG


/ .&G 38G"83::G1".&"1G /3=1<&1#G<3G G&<$
$G." .G 58:=/5<&31G&:G<$ <G3& .G =<@G$ :G1G=.@G 58E
480G %&:G58:=05<&31G&:G5 8<&=. 8.@G:<831"G :G8" 8:G /&1&:E
<8 <&>G "1&:G>:<G?&<$G53?8:G?$&$G 8G6= :&,=&& .G &1G1 F
<=8G &1G 311<&31G ?&<$G 1 8/1<G 3G . ?:G <&1"G 5 8<&=. 8G
.:G 3G <&>+<BG <$G 58358G 8"=. <&31G 1 38G 583/3<&31G 3G?$'$G
87=&8:G G<$1& .G38G:5& .G<8 &1&1"G :&G!3/G G"33G-13?."G
1G"8 :5G3G<$G3>8G ..G31&<&31:G8.> 1<G<3G: &G).:G3< &1&1"G
&1G<$G1 <&31G
38G<$&:G8 ;39*G=2.::G<$8G&:G :3.=<.@G13G>&1G
<3G:=5538<G(<:G&:&31G38G1&1"G38G:=$G>&1G&:G. 8.CG/ 1&:<.@G
1G 5 <1<.@G &1:=:< 1<& .G 1&1":G 3G <G 3G 1G /&1&:<8 <&>G
"1@G 8G 38G8:5<G 1G1 .&<D

L$-?/1BDMHM(1B606-@AMM  M#!MM* 


 ;G1M-CMA.A?GFM 5:;MHM'-=EG8.AM
 M#"M
M+
,
 
   
   
    

     


 
   

    
( RB F* :GR:R =G( BR M HG*K R =BR9*:*FGBG*K R' :0 FR
=BR=+ FRB R'B:G R?=L BFR:R#J:G*=:FRORG( R@:FG*GHG+=:R=BROR
FGGHG FR G=R :&B R G( R 5LFR :R G=R BBOR =HGR G( R '=K B:9 :G6R
#J:G*=:FR FR L 66R FR ?=6** FR :R = G*K FR ?B=K* R *:R FGGHG FR
B G*:'RG( 9R=:'RFH(R?=L BFRB RG(=F R="R=;GB=6RFH? BK*F*=:R
:R+:K FG*'G*=: R

 
         
Q ( R B F+ :GR *FR G( R (+ "R 9*:*FGBG*K R % BR ="R G(
=K B:9 :G
R (+6 R G( R =:FG*GHG+=:R = FR :=GR M?B FF6PR FPR F=R ( R
(FRG(GR?=F+G*=:RPRB F=:R="R(*FR +:'RG( R(* "RN HG*K R:RG( R
( R="R'=K B:9 :G R  RL 6FR66R9+:+FGCG+K R?=L CFRG(GR,:( D R
-:RFH)R?=F.G-=:R9*:-FGBG+K R?=L BR*FR:R1H:GR:R+FR F+'< R
G=R =9?6 9 :GR G( R #$ G+K R M B*F R ="R M HG*K R ?=L BR K FG R *:R
G( R B F* :GR 9*:*FGBG+K R ' :* FR = B R =* FR M B*F+:'R
9*:*FGBG/K R*:K FG+'G*K RBH6 94*:'R:RAHF*2H++6R?=L BFR
FR=:#!BB ROR6LRB R?DGFR="RG( R M HG*K RB:(R "R'=K B:9 :GR
FR G( OR B R : +G( BR 6 '*F6G*K R :=BR 1H*+7R *:R G( R 66=G*=:R ="RG( R
'B GR ?=L BFR 9=:'R G( R G(B R B:( FR ="R '=K B:9 :GR  G( R
8 '0F6G*K R M HG*K R :R3H**6R  ?BG9 :GFR
9*:*FGBG*K R?=L BFR="RG( RB F+ :GR:R R*9?6* R#E=9R(*FR
M HG+K R?=L B R :RI: BFG:+:'R="R M IG*K R?=L BR+FRG( B #>B R+:R


  D
D 
.B1D.D.+82.(D=01?"5#.+D+D ,?59$ :$/,D
D 36$%)9D7D!&DC>9$@D-D*$-&7;4<$AD '4

mtHIt Y\      ~ZI @€rtIhI 7m€t~ {€hzIl ‰%r
I…IG€~^‚IrmƒItC{Tefmƒ{0

4{{~D~IHDEm‚I~ZI7mi{~^~€~]mirtm‚^HI{~ZC~ ~ZI
I†IG€~^I rmƒIt {ZDdc FI I{~IH ^i ~ZI >tI{^HIi~ mM~ZI
>Z^b^rr^iI{
 6~B;;@IG & :mƒIIu^~HmI{im~HIRiI
ƒZD~ ^{ hIDi~Eˆ I‡IG€~^‚I rmƒItDb~Zm€WZ ^i~ZI {DhI
Dt~^GbI^~~m€GZI{mi~ZI I‡ItG^{ImNGIt~C^irmƒIt{ Eˆ ~ZI
?tI{^HIi~   ~ZI rmƒIt mN Gmi~tmb m‚It Cbb I‡IG€~^‚I
HIrDt~hIi~{ E€tID€{ DiH mPaGI{ ~ZI rmƒIt ~m I‡IG€~I
~ZI bDƒ{ ~ZI Crrm^i~^iW rmƒIt ~ZI rmƒIt{ €iHIt ~ZI
GmhhDiHIt^iGZ^INGbD€{I ~ZI rmƒIt~mWtDi~ tIrt^II{
Gmhh€~D~^mi|DiH rDtHmi{ ~ZIrmƒIt ~mWtCi~DhiI{~ˆ
ƒ^~Z~ZIGmiG€vwIiGImM7miWtI{{~ZIrmƒIt~mGmi~tDG~mt
W€CtCi~II UtI^ bmCi{ ~ZI rmƒIt~mIi~It^i~m~tID~^I{
mt ^i~ItiD~^miDb DWtIIhIi~{ ~ZI rmƒIt ~m {€Eh^~ ~ZI
F€HWI~ ~m 7miWtI{{ DiH~ZI rmƒJt ~m DHHtI{{ 7miXtI{{
4t~! B<< @IG{" ',*+"


AZI^iI^~DEbIs€I{~^mi~ZIiDt^{I{EˆIi€hItD~^iW
GIt~C^i rmƒIt{ mN~ZI ?tI{^HIi~# 8^H ~ZI OyChIt{ mN~ZI

7ni}$~^~€~_mi^iIiH~ZC~~ZI?tK{^HIi~{ZCgbI`ItG^{I~Zm{I
{rIG^SGrmƒIt{CiHimm~ZIt25(1I~ZI{IIi€hItD~IHrmƒIt{
~ZIEtIC~ZCiH {GmrImNI‡IG€~^‚I rmƒIt3


;~ ƒm€bH im~ EI DGG€tD~I ZmƒIIt ~m {~C~I ~ZD~


I‡IG€~^I rmƒIt^{~ZI rmƒIt~mIiVtGI~ZIcDƒ{ Oqt~ZI
>tI{^HIi~^{[ICHmM{~D~ID{ƒIbbD{ZIDHmMWmItihIi~
DiHƒZC~IIt rmƒI x{^iZItI ^i {€GZ rm{^~^mi{rIt~C^i~m
~ZŠI oQaGI €idL{{ ~ZI 7mj{~^~€~^mk ^~{IbM „^~ZZpbH{ ^~!
9€t~ZIthmtI‹ ~ZI 7mi{~^~€~^mi ^~{IbM rtm‚^HI{ ~ZD~ ~ZI
I‡IG€~^mi mM ~ZI bDƒ{ ^{ micˆ miI mM~ZI rmƒIt{ mM ~ZI
?tI{^HIi~";~Db{m WtCi~{~ZI ?tI{^HIi~ m~ZItrmƒIt{ ~ZD~
Hmim~^imbI~ZI I‡IG€~^mimNDiˆrtm^{^mimMbDƒ
 
ZŒ{rmƒIt m‚It~ZI Gm€i~tˆ { VtI^Wi tIbD~^mi{ 
=i~ZI{IrtIh^{I{ ƒI ZmbH~ZI ^Iƒ~ZD~ Db~Zm€WZ
~ZI)/.-7mi{~^~€~^mi^hrm{I{b^h^~C~^mi{mi~ZII‡ItG^{I


   
N (#)$-.,.$0 N'1N'2N*)N+/'$N*!&%,-N
)N'.$*)N'1N

[6s d^0-G=J-s ^[j0ads [6s eE0s a0dG.0Xe


s Ges V(7We(GXds GXe(-es
jE(es Gds ea(.GeG[X(POms -[XdG.0a0.s jGeEGXs eE0s d-[^0s [6s
0l0-geGi0s^[j0a s[a[PP(aGOnseE0s^[j0ads[6seE0sa0dG.0Xes
-)XX[es +0s d(G.s e[s +0s OGVGe0.s [XPos e[s eE0s d^0-G:H-s ^[k0bds
0XgV0a(e0.sGXseE0s[XdeGegeG[X s\eE0asj[a.d
s0l0-geGi0s
^[j0as Gds V[a0s eE(Xs eE0s dgVs [6s d^0-GA-s ^[j0ads d[s
0XgV0a(e0. s

 


  
 !0-eG[Xs 
saeG-P0s%s [6seE0s s [XdeGegeG[Xs^a[iG.0dseE(e
eE0sa0dG.0XesdE(PPsE(i0s-[Xea[Ps[6s(TPseE0s0l0-geGi0s.0^(aeV0Xed
+ga0(gd
s (X.s [:;H-0d s 0s dE(PPs 0Xdga0s eE(es eE0s P(jds +0s 9*GeE6gPPm
0l0-ge0. s#E0sa0dG.0Xeds^[j0as[6s-[Xea[OsV0(YdsFGds^[j0asf[s(Pe0a
[asV[.G6ms[asXgPPG6ms[asd0es(dG.0sjE(es(sdh+[a.GX(e0s[@-0asE(.s.[X0
GXseE0s^0a:]aV(X-0s[6sEGds.geG0ds(X.se[sdg+deGege1sEGdsLg. 0XesjGeE
eE(es [6s eE0s P(ee0a s esGds d(G.s e[s +0s eE0s i0ams E0(aes _6seE0s V0(XGXDs [6
EG06sl0-geGi0 s#E0s^a0dG.0XeG(Ps^[j0as[6s-[Xea Os[i0aseE0s0l0-geGi0
+a(X-Es[6sD[i0aXV0Xes0le0X.dse[s(PPs0l0-geGi0s[?H-0ads:c[Vs-(+GX0e
d0-a0e(amse[seE0sP[jPG0des-P0aMsGXseE0s0l0-geGi0s.0^(aeV0Xe s0sGdseE0
EG06sl0-geGi0
seE0sE0(.s[6sD[i0aXV0Xes(X.seE0s-EG06s(.VGXGdea(eGi0
[?H-0a
#E0s^[j0as[6s-[Xea[SsgX.0aseEq&-[ZderegeG[X(Ps^a[iGdG[XsGV^OG0ds
eE0saGDEes[6seE0sa0dG.0Xese[sGXe0a95a0sGXseE0s0l0a-Gd0s[6sdg-Es.Gd-a0eG[Xs
(dsV(ms+0si0de0.s+msP(jsGXseE0s[@-2ads[6seE0s0l0-geGi0s.0^(aeV0Xed
s
+ga0(gd s [as [8B-0ds[6seE0sX(eG[X(Ps D[i0aXV0Xe
s (ds j0SPs(dse[s(-es GXs
PG0gs[6sdg-Es[?H-0ad  $E0sa0dG.0Xe
sGXseE0s0l0a-Gd0s[6seE0s^[j0ads[6s
-[Xea[O
s -(Xs.[sjE(es(Xms[6sEGds-(+GX0esd0-a0e(ams-(XsQ(jCPPms.[s(ds
-[X>aa0.s+msP(j 's[asGXde(X-0
s  
    
 eE0sP0D(PGems
[6seE0sa0dG.0XedsGddg(X-0s[6s(Xs0l0-geGi0s[a.0as+(XXGXDs:IdEGXDs+ms
ea(jPsj(ds `g0deG[X0.s +0-(gd0s eE0s!0-a0e(ams [6sG-gPega0
s(X.sX[es
eE0sa0dG.0Xe
sj(dseE0s[9<I-G(Ps(geE[aGp0.s,ms[X 0ddse[sGddg3sagR0ds
(X.sa0DgP(eG[Xdse[sGV^P0V0XeseE0s+(Xs[Xsea(jPs:KdEGXDs dgde(GXGXDs
eE0s P0D(UGems [6s eE0s 0l0-geGi0s[a.0a
s eE0s "g^a0V0s [gaes agP0.s eE(es
dGX-0seE0s!0-a0e(ams[6sG-gPega0sj(ds0V^[j0a0.se[sa0DgS(e0s[as+(Xs
:HdEGXDs+msea(jP
seE0sa0dG.0Xe
sGXseE0s0l0a-Gd0s[6sEGds^[j0as[6s-[Xea[P
s
-(Xse(N0s[i0as:c[VsEGVsdg-Es(geE[aGems(X.sGddg4seE0s0l0-geGi0s[a/0as

4ED;CNJ
N K96IF<J9N-97E9G4ELN N-,N N3


+9?59MNJ
N I8=HCEN"9B9E4@NN-,NN NN N
 N+:>A
NN3
$"%")*(+<V#-V V
       
 
 'K6L@46GOV0LV=@69VT63QOAR6V0G4V5FBH@MPK1O@R6V&:;D36K

άë^á^½WÉ^ë€ÎëI|^ë=½^ɀ[^¡ÎÉ뵬à^½ë¬iëW¬¡Î½¬“ë—^P¡ÉëÎ|PÎë€iëPëWPT€¡_Îë
É^W½^ÎP½Ýë ¬½ë Pë |^P[ë ¬ië Pë Tؽ^PØë ¬½ë Ph^¡WÝë WP¡ë €ÉÉØ^ë ½Ø“^Éë O\ë
é`y؈PÙ¬žÉë PÉëPØʟ¬ æaQë ªÝë .Pàë ˞a뻼aɘažÌëŸPÉë͟aë ¶¬à^½ëž«Íë
¬¡“Ýëά뙬[€jÝ묽ëP™^¡[ëÎ|^ëÉP—^ëTØÎëWP¡ëP“ɬëÉØ¢¢“P¡ÎëÎ|^ë½Ø“^ÉëUÝë
Pž¬Î}^½ëÉ^Îë^¡Î½^’Ýë[o•b½a¡ÎëoÀ¬—ëÎ}¬ÉaëÉÉØa[ëTÝë}ÉëÉØT¬½[¡PÎaë
J|aë>½aɁ[ažÎëaáa½XÉaÉëÎ|aë·¬àa½ë¬jëX¬žÎ½¬“ëÎ|½¬Øz|ëaáaXØ΁Ýaë
[a·P½Î™^žÎÉë Pž[ë aáaXØ΁Þaë ¬uXP“Éë L¡[^½ë Î|aë 3¬žÉ΁ÎØ΁¬¡ë P““ë
aáaXØ΁Ý^ë P¡[ë P[™¡ÉνP΁Ý^ë ¬½P¡çP΁¬¡Éë P½aë P[‚Ø¡WÎÉë ¬jë Î|cë
?M?Ã)£Ï'ƒÞ?ë?¤EÆК?¤ÏëëÕ~, ?ë~?E:Fë­kÏ~?ëÞEқ/Gë?M?Ä*ÚÕ'ƒÞ@ëŽAœ1ÆК@¤ÏZë
P½^ë PÉɁÉÎP¡ÎÉë P¡[èëP0Á¨¡ÎÉë ¬jë Î|^ë 3|^jë4á^WØ΁Ýaë P¡[ ë aáXa·Îë žë
XPÉaÉëà|^½^ë Î|aë3|€ajë4áaXØ΁Ý^ëÉë ½a¸Ø€½a[ëTâëÎ|^ë 3¬žÉ΁ÎØ΀¬žë ¬½ë
Î|^ë “Pàë άë PWÎë €¡ë ®^½ ɬ¡ë ¬½ë Î|^ë ^á„{^¡W^Éë ¬jë Î|^ë ɀÎØP΀¬¡ë [^—P¡[ë
Î|PÎë|^ëPWÎë¢^½É¬¡P““Ý!ëÎ|^ë—ؓ΀pS½€¬ØÉë^á^WØ΀Ý^ëP¡[ëP[—€¡€ÉνP΀Ý^ë
l¥¤Ä+Ö-ƒ¯¤Hë¯më×–Dë
~ƒBnë6 ©Ä+¥Ï(ƒÞ@ë2K@ë;?¾q³¾š?¦ë~ÞëE;:ë Ð"~¾­¥Û~ë Ð"~Cë
^á^WØ΀Ý^ë[^®P½Î—^¡ÎëÉ^X½^ÎP½€^ÉëPÉë|€ÉëP“Î^½ë^{¬^É ëP¡[ëÎ|aëPXÎÉë¬jë
Î|^ëÉ^X½aÎP½aÉë¬jëÉØX|ë[^·P½Î™^¡ÎÉë·^½w½™^[ëPž[ë·½¬—Ø“zPÎ^[ë#€¡ë
Î|^ë½^zؓPÈëW¬Ø½Éaë¬jëTØɁž^ÉÉ ëP½aë؞“^ÉÉë[€ÉP··½¬Ýa[묽ë½a·½¬TPÎa[ë
VãëÎ|aë3|ajë4áaXØ΁Ýaë·½aa™·Î…Þa“ãëÎ|aëPXÎÉë¬jëÎ|aë3|aj4áaXØ΁Þa
J|^ëάÎP“Îãë¬jëaá^XØ΁Ý^ë·¬àa½ëÉëÝ^ÉÎ^[뀞ëÎ|aë>½aɁ[^žÎëTãëÎ|aë
3¬žÉ΁ÎØ΁¬žë 9Îë ™dP¡Éë Î|PÎë Î|^ë >½aɁ[a¡Îë Éë Î|aë4áaXØ΁Þaë ¬jë Î|aë
7¬Þa½ž™ažÎëPž]랬ë¬Î|a½ëJ|aë|aP[Éë¬jëÎ|aëaáaXØ΁Ýaë [a·P½Î™a¡ÎÉë
¬XXØ·ãë·¬“Î†XP“뷬Ɂ΁¬žÉëPž[ë}¬“[ë¬sŠXa끞ëP¡ëP[ށɬ½ãëXP·PXÎãëP¡[ë
É|¬Ø“[ë Vaë Î|aë >½aɁ[ažÎÉë V¬É¬™ë X¬žv[ažXaë 4PX|ë |aP[ë ¬jë Pë
[^·P½Î™^žÎë€ÉëPž[ë™ØÉÎëV^ ëÎ|^ë=½^ɀ[^¡Î ÉëP“Î^½ë^z¬ë¡ëÎ|^ë™PÎÎ^½Éë
¬jëÎ|PÎë[^·P½Ô™^¡Î$à|^½^ëÎ|^ë>½^ɀ[^¡Îë€Éë½^¹Ø½a[ëTãë“Pàëάëaáa½XÉa%ë
J|^ë=½^ɀ[^§ÎÉë·¬àa½ë°jëW¬¡Î½¬“끞X“Ø[aÉëÎ|a뵬à^½ëάë[^ÎP€“ëPºë
eáeYØ΅Þeë ¬s‹Xa½ë žëÎ|aë <uWaë¬jëÎ|aë >½aɁ[a¡Îë ¬½ëÒ¬ë Pžâë aáaXØӉÝaë
¬tŒYf&ëà‡Î|¬ØÎëPžÝë±½¬½ëP±±½¬ÝP“ëpÀ¬—ëPžÝëaáaWØ΁Ý^ë¬sŠXa¿ëɬ듬¡{ë
PÉNëÎ|a½^ëÉ롬ë½^[ØW΀²¡ë¡ë½P¡‘묽ëÉP“P½ßëPž[ë€É롬ÎëX¬¡É[a½a[ëPÉë5ë
[ÉX±“žP½Ýë PW΁¬¡ë 9žë Î|Éë ÉažÉaë o´½ë Î}¬Éaë [ÉXP½z¡zë ·Ø½^”ãë
^á^XØ΁Ý^ëjØ¡W΀¬¡É끞ëÎ|aë žP΀¬¡P“ë z¬Ýa½¡™a¡Îë |aëzÝ^Éë ¬½[a½Éë άë
P““ëPž[ëÎPaÉ묽[a½Éëx¬™ë¡¬žaë
  
8ažXa ë Î|aë PWÎë ¬jë Î|aë =½gɁ[a¡Îë êPž¡¬Îë Taë X¬Ø¡Î^½—P¡[^[ë Täë Pë
[a±RÇΙažÎë ÉaW½aÎP½Ýëà|¬ëÉë Pë—a½aë ÉØT¬½[¡PÎaë¬jëÎ|aë >½aɁ[ažÑ
¡¬½ë XPžë Pë ÉØV¬½[žPÎaë ¬jë Pë [a·P½Î—ažÎë ÉaX½aÎP½ãë […ɽazP½[ë |Éë
ÉØ·^½¬½Éë P“Îa½žzë |ÉëPX΁¬žëžëÎ|^ë·a½r´½™PžXaë¬jë|ÉëoܞX΁¬žëPÉë
Î|^ë[^·P½Ô™^¡ÎëÉ^W½^ÎP½å ëà|¬ë|PÉë·¬àa½ë¬jëW¬¡Î½¬“ë¬Ý^½ë|€™ ëPXÎÉëPÉë

,83LJIVSV)0E0NV V)(V V V


 K1G3>6VSV!6KG2I47UV
V'?CEV V.
/
"    
"" """ 
"
 "

"!"

ªqSØ6ŸS¨vQS’ª¨ØAˆªSŸØSn˜ØA’QØqv¨ØAIª}˜’Øv¨Ø›ŸS¨ºSQت˜ØHSتqAªØ˜^تqSØ
7ŸS¨wQS’ª 

#$  $$! $  $ "


;qSØ 6ŸS¨wQS’ªØ LF’’˜ªØ HSØ SěSLªSQØ ª˜Ø SÄSŸLw¨SØ qw¨Ø L˜’ªŸ˜‰Ø
›˜ÃSŸ¨Ø Ø F‰‰Ø FªØ ªqSØ ¨FSØ ªwSØ F’QØ w’Ø ›SŸ¨˜’Ø F’QØ ªqSŸSØ w¨Ø ’SSQØ ^˜ŸØ
qwØª˜ØQS‰SnFªSب˜Sؘ^تqSØª˜Øqw¨Ø,FHw’SªØSHSŸ¨Ø;qw¨ØŸSF‰wªÇØ
˜ŸØ ªŸºw¨Ø nw¿S¨Ø Ÿw¨SØ ª˜Ø ªqSØ Q˜LªŸw’SØ ˜^Ø žºF‰w^wSQØ ›˜!wªwLF‰Ø FnS’LÇØ
<’QSŸØªqw¨ØQ˜LªŸw’SØF‰‰ØSÄSLºªw¿SØF’QØFQw’w¨ªŸFªw¿SؘŸnF’wÉFªw˜’¨Ø
FŸSØØFQ‡º’Lª¨Ø˜^تqSØ2ÄSLºªw¿SØ-S›FŸªS’ªتqSØqSFQ¨Ø˜^تqSØ¿FŸw˜º¨Ø
SÄSLºªw¿SØ QS›FŸªS’ª¨Ø FŸSØ F¨¨w¨ªF’ª¨Ø F’Q@FnS’ª¨Ø ˜^Ø ªqSØ ,qwS^Ø
2ÄSLºªw¿SØ F’QØ SÄLS›ªØ w’Ø LF¨S¨Ø ÃqSŸSØ ªqSØ ,qwS^Ø 2ÄSLºªw¿SØ w¨Ø
ŸSžºwŸSQØHÇتqSØ,˜’¨ªwªºªw˜’ؘŸØ‰FÃت˜ØFLªØw’Ø›SŸ¨˜’ؘŸØªqSØSÄwnS’LwS¨Ø
˜^Ø ªqSØ ¨wªºFªw˜’Ø QSF’QØ ªqFªØ qSØ FLªØ ›SŸ¨˜’F‰‰ÇØ ªqSØ º‰ªw^FŸw˜º¨Ø
SÄSLºªw¿SØ F’QØ FQw’w¨ªŸFªw¿SØ ^º’Lªw˜’¨Ø ˜^Ø ªqSØ ,qwS^Ø 2ÄSLºªw¿SØ FŸSØ
›SŸ^˜ŸSQØ HÇØ F’QØ ªqŸ˜ºnqØ ªqSØ SÄSLºªw¿SØ QS›FŸªS’ª¨ØA’QتqSØ ALª¨Ø
˜^Ø ªqSØ 9SLŸSªAŸwS¨Ø ˜^Ø ¨ºNqØ QS›AŸªS’ª¨ Ø ›SŸfšŸSQØ A’QØ
›Ÿ˜»‰nAªSQØ w’Ø ªqSØ ŸSnº‰AŸØ L˜ºŸ¨SØ ˜^Ø Hº¨w’S¨¨ Ø AŸS Ø º’‰S¨¨Ø
Qw¨A››Ÿ˜¿SQØ ˜ŸØ #S›Ÿ˜HAªSQØ HÇØ ªqSØ ,qwS^Ø1ÄSLºªw¿S Ø ›ŸSS›ªw¿SŠÇØ
ªqSØ ALª¨Ø ˜^Ø ªqSØ ,qwS^Ø1ÄSLºªw¿SØ 4’Ø ˜ªqSŸØ ؟Q¨ Ø ªqSØ 8ŸS¨wQS’ª¨Ø
›˜ÃSŸØ˜^ØL˜’ªŸ˜‰Øw¨ØQwŸSLª‰ÈØSÄSŸLw¨SQØHÇØqwØ ˜¿SŸØ ªqSØ SHSŸ¨Ø ˜^Ø
ªqSØ ,AHw’SªØ Ãq˜ Ø w’Ø ªºŸ’ Ø A’QØ HÇØ qw¨Ø Aºªq˜ŸwªÇ Ø L˜’ªŸ˜‰Ø ªqSØ
HºŸSAº¨ØA’QؘªqSŸØ˜kLS¨Øº’QSŸØªqSwŸØŸS¨›SLªw¿S؆ºŸw¨QwLªw˜’¨Ø w’Ø ªqSØ
SÄSLºªw¿SØ QS›AŸªS’ª¨
;qSØALª¨Ø˜^ØAØQS›AŸªS’ªØ9SLŸSªAŸÇØ AŸS؛ŸS¨ºSQت˜ØHSتqSØALª¨Ø
˜bتqSØ7ŸS¨zQS’ªØ:qº¨ ØÃqSŸSتqSØ7ŸS¨wQS’ªØw¨Øn¢A’ªSQتqSØAºªq˜ŸwªÇØ
ª˜Ø ¨SŒ‰Ø LSŸªAz’Ø ›AŸLS‰¨Ø ˜^؉A’Q
Ø ªqSØ ¨AŠSØ SjSLªSQØ HÇØ AØ QS›AŸªS’ªØ
9SLŸSªAŸÇØ qA¨ØªqSبASØSfgSLªØA¨Øw^ØQ˜’SØHÇØ ªqSØ7ŸS¨wQS’ªØqw¨S‰c

#
$ $ !  "$ $ $  
:qSØ 2ÄSLºª|¿SØ9SLŸSªAŸÇØ ˜ŸØ q}¨Ø.S›ºªÇØ ˜ŸØ(¨¨w¨ªA’ªØ 2ÄSLºªw¿SØ
9SLŸSªAŸÇؘŸØA’ÇØLAHw’SªØ¨SLŸSªAŸÇ
ØÃq˜ØALª¨ØA’Qبwn’¨Ø*ÇØ(ºªq˜ŸwªÇØ
˜^تqSØ 7ŸS¨wQS’ª Ø ALª¨Ø’˜ªØ mŸØqw¨S‰^ØHºªØfšŸØªqSØ 7ŸS¨wQSªØ ;qº¨ Ø
ALª¨Ø ˜ŸØ L˜’ªŸALª¨Ø SÄSLºªSQØ HÇØ ªqSØ 2ÄSLºªw¿SØ ˜ŸØ .S›ºªÇØ 2ÄSLºªw¿SØ
9SLŸSªAŸÇØ +ÇØ )ºªq˜ŸwªÇØ ˜`تqSØ 8ŸS¨wQS’ªØAŸS؛ŸS¨º‘SQØ¿AwQØ D’QØ


)D5@9?4JWT W -4@4JWW -%,#WW 01!W/84
W 8:W'46D5WT W *QBD W-%,#WW
 W

'Q4LWT W(4C8W.;CRG;W#8A<C=KMG4N<ECW W -%,#WW2"W%4GF<DWTW&U96SO>T9
-;7H;P4IVWW-%+$WW3W
%(0,1,675%8,:*t/&;t #t
3_pJat_Lt'_[ib_Ut6k`JanSfR_[tA[It -\lJfiRPAiR_]t
% 4aJfRIJ^itAgt 'QRJMt*qJHkjSmJtA^It%IYR[RfiaAjSmJt2OTEJa

e8kFk_86 Na 08M.\= c= rM8 'k8pN68ar .a6 pMcwZ6 rMwp 08 .33ck796
6w8 k8pe83r &a8 c>MNp _}kN.6 Ga3rNcap Np rc 8|8k3Np8 ekN_l}
.wrMckOr} rc pNHae.e8kp} .wrMckNr} c=rM8'k8pO68ar$8.rr:psp
8|83wrNy8ck68kp.a6crM8kek8pN68arN.[Nppw.a38pwa\8pp.rr8pr.rPca
Nppe83O@T3.Z\} 68\8H.r86rccrM8kcBT3N.\p0} MO_ck0} rM8'k8pO68ar
.ppNprp rM8 'k8pO68arNarM8 .6_NaNprk.rNcac=pe83Q.\ekcW83rp .a6
e8kFk_ pw3M crM8k @xa3rNcap .p rM8 'k8pN68ar _.} 6Nk83r %Np
e8kpca.\Nr} NpNak8.ZNr} 0wrrM8 ekcW83rNca c>rM.rc>rM8 (k8pN68ar
MNp.3sp
e8kFk_86.a6ekc_wZH.s86NarM8k8HwZ.k3cwkp8c>0wpNa8pp
.k8 wa\8pp 6Np.eekcy86 ck k8ekc0.r86 0} rM8 MQ8> |83wrNy8
ek8pw_erNy8Z} rM8 .3rp c>rM8 MN8> |83wrNz8 )w3M .3rp .k8 acr
pw0W83rrck8yN8{0} rM83cwkrpNayN8{c>rM8ekNa3NeZ8c=p8e.k.rNca
c=ec{8kp{MN3M.33ck6p318jw/Zpr.rwprcrM8rMk88Hk8.s2k.a3M8p
c=rM8Hcy8ka_8ar.0p8ar.a} pMc{NaHrM.rrM8'k8pN68ar Na6cNaH
pc
.3r86{NrMHk.y8.0wp8c>6Np3k8rNca._cwarNaHrc[.3Yck8|38pp
c=WwkNp6N3rNca
,M8!|83wrNy8)83k8r.k}ck8y8a.8ewr}ckppNpr.ar"|83wrNy8
*83k8r.k}
 N= M8 .3rp } .wrMckOr} c= rM8 'k8pN68ar  3.b `c6O?~ 
.\r8kckp8r.pN68.3rpckkwZNaHpc=.68e.kr_8arp83k8r.k} .pM8.3tq
@dk.a6ca08M.\>c>rM8(k8pN68ar 

  


  
,M8 ec{8k c =  3carkc\ c> rM8 'k8pN68ar cy8k 8|83wrNy8
68e.kr_8arp0wk8.wpckcBS38pN_e\N8p .p.kw\8 ac_ck8rM.arM8
.wrMckNr} rc.ppw_86Nk83r\} rM8@xa3rNcaprM8k8c= rcNar8k@<k8NarM8
8|8k3Np8c= 6Np3k8rNca 0} Nrp cBT3N.\p
 ckrc.\r8k  _c6O=} ckp8r.pN68
{M.r.pw0ck6Na.r8c-BS3N.\pM.y86ca8.a6rcpw0prNrwr8MQpXw6H`8ar
Fk rM.rc=rM8\.rr8k #8a8k.ZZ} pe8.YOaH  rM8 ec{8m c= 3cbrkcZ 6c8p
acrRa3\w68rM8@dZ\c{NaHVrM8.0c\NrNcack3k8.rNcac>.a8|83wrNy8
cD38  uM8pwpf8apNcackk8_cy.\c>3.k88k8|83wrNy8cBT3N.Zpcn
8_f\c88p {NrMcwr 6w; gkc38pp c>].{  .a6 + rM8 p8rrNaI .pN68 
_c6NAU3.rNca
 ck pwhi\.arNaJc>683NpNcap c>Kw.pQ€w53N.^ .I8a48p
Na3Zw6NaLrM.rc>rM8&CS38c>rM8 (k8pN68arca 3cav8pr863.p8prM.r
M.y8 083c_8 Ea.^ ewkpw.ar rc Z.{ ck rc ow^8p .a6 k8HwZ.rNcap
ekc_w\H.r86rcN_e\8_8arrM8Z.{

 0BVBrA[t,[iJPcCiJIt.[IkfiaRJft'_c`tnt'_kcit_Nt%``JBXhtt 6'5% t<##t


*qiJ]KSnJt*]iJb`bSfJft'_a`t nt 6AaDa_tt '_t -[Ft!t 6'5% t$ t?# t
3JWAJstnt %kISi_at+J]JcAU
tt 6'5%t #t =#  
/AaS^tnt *qJGkiSnJt6JHaJiBdrt""t 6'%(t t"t 6'5%t!t@##!
'AZBcS]Jft1_aiJt*XJGjaSHt'__`JdAjSlJ t-[Htot 9aeJft$t6'%)t## t" t 6'5%t
t >##"t
'-3040:<8';0@.n2'Aq 1'Bq65q7>)20*q6//0*.8:q
'5-q.1.*<064q1(Bq

Z%-wc:%b3ƒ3*zuN|3ep%0^ObOsup%uN|3eC*3ep%J3b*† euK3p
uK%`Ea%Z17,RsOebsp3b03p30NbuK33„3p*Os3d;Nus%2z0N*%uep‰je3p
Nb .bu8su7/ +'s3s  %p3 sz(V3*u ue uK3 p3sN03bus je€3p e;*ebupe[
sz*K%spzZ3s%b0p3Jz\%uNebs  Nbu3pjp3u%uNebsep%jk\O*%uOebse;uK3
\% "K3s3 ^%‡ )3 p3|N330  ^e0N>S30 ep s3u %sN03 %u %b‡ uO^3 
3sj3*N%\]‡ K3b uK3‡ %p3 \%u3p Hzb0 ue )3 3ppfb3ezs  3…*3ju uK%u
jpO|%u3 pTJKus KO*K K%|3 )3*e^3 |3su30 uK3p3pzb03p ^%‡ beu )3
zbs3uu\30ep0Nsuzp)30uK3p3)‡!Kzs
KO\3uK3J3b3p%\pz\3NsuK%uŠ
%b3ppeb3ezs*ebsupz*uNebe;%Z%)‡%b%0^NbOsup%uO|3ep3…3*zuN|3
eD*3pKes30zu‡Nsue3b>ip*3Ou^%‡beuJT|3pOs3ue%|3su30pNJKu 
bep 3suej uK3 Je|3pb^3bu )‡ sz*K ^Osu%Y3  uK3 pzZ3%0^Ous e;
3„*3juNebs  %s€K3bNbp3\O%b*3uK3p3ebNbJee0@NuK %b0 %j3pseb
*e^jZO3s NuK K%u uK3 Z%€ p3ozOp3s %s *ebsupz30 (‡ uK3
%0^NbNsup%uN|3eBS*3p KNspNJKuKN*K%**pz30uK3p3?re^^%‡beu(3
0Nsuzp(30"K3jpOb*OjZ3se;WzsuO*3%b0Jee0AOuK0NŒu%u3%b0el3p%u9


ue *p3%u3sz*K 3„*3juOebs
"K3J3b3p%\pz\3OsuK%uuK3 p3sO03busje3pe;*ebupe\%jj\N3s
ue %*use;%sz)ep0Nb%u3eC*N%\%b0beuueuK3eC*N%\Kej3p=ep^s
uK3%*us3^%‡ beu  (‡ KNs*ebupe\ je€3p
 sztj3b0 epp3^e|3uK3
eBS*N%ZNuKezu0z3jpg*4sse;\%
3…*3juuKes3eBS*N%ZsKes3p|3&u
KNsjZ3%szp3 sz*L%s*%(Nb3us3*p3u%pO3sb    


uK ezpu pz\30 uK%u uK3#ne‚p e;*ebupe\^3p3\‡ŽjjZO3s ue uK3
3„3p*Os3e;*ebupeZe|3puK3uUe;sz)ep0Ob%u3%b0$beuh|3puK3%*ueq
ep%J3buKO^s3Z;e;yM3%*uueb\‡^3%bsuK%uum3 p3sN03bu^%‡s3u
%sN03 uK3 Xz0J^3bu ep %*uOeb u%Y3b )‡ % sz)ep0Ob%u3 Nb uK3
j3pHp^%b*3 e;KNs 0zuO3s  v%0030  Ke3}3p  uK%u uK3je3pe;
*ebupe\^%‡ uese^33„u3bu  %jjZO3sueuK3eD*P%ZKN^s3Z< €K3bOu
s%O0
"K3p3Nsse^3jeObuObuK3%pJ{^3buuK%uuK3je3p
e;*ebupe\ e; uK3 p3sO03bu ^%‡ 3ƒu3b0 ue uK3 je3p ue
Nb|3suNJ%u3 szj3b0epp3^e|3eBS*3psb05_jZeˆ33sKe
)3\ebJxeuK33ƒ3*zuN|303j%px^3buQ;uK3‡%p3jp3sO03buO%\
%jjeObu33s ep 0e beu )3ZebJ ueuK6 *Z%ssNF30‹s3p|N*3 Ip
sz*K*%b(3XzsuOG30zb03puK3jpNb*Oj\3uK%uuK3je3pue
p3^e|3 Os ObK3p3bu Nb uK3 je3p ue %jjeNbu %*seb ~

?ZTfOMq*SbUefTI[q3TeeV][Iblq:^LTOflqiq:]KTIWq:PKhcTfmq*]YYTeeT]\q q:+8'
$!qC$$F&q2ORIeaTqj q 3IgSImq !q:*8'qqC$G
q
",Qq'):*)4q)b]INLIefT[Rq*_da qk q*`oq]=pq'aaPJXeq !:*8'qqDq%#F q
 $q:*9'q$qE$H
q
"a
q $ q
.7?:@;DEC1E:F9>.G 
Bj}UojV5jetpjaDvkUoz`r`jfLeR<eyUrt`YMt_je
/ BoUr`RUeuLr5[`UV8~UQwu`yULeR/Rd\f]stoLu`zUAXQUo

!PI.VOl  ']Zl LOZla=Z:lV.8$V,lZOl Z:OX.l O4).VXl OVl


.JSHOe..Xl a;Ol (.HOM8l ZOl Z;.l )G$XX=1@.-l X.W^=).l 1QVl $Xl ZOl
Z:.JlZ:$Zl =L:.V.LZl ROa.Vl )$LLOZl (.l .c.)]Z., 
Ml 


  
   Z;.l "]SV.J.l O]VZl V]H.-l
Z;$Zl Z;.V.l =XlJ.V=Zl=MlZ;.l )H$=Jl Z:$ZlS.Z=Z=OM.Vl(.=M8l$l
SV.X=-.MZ=$Hl$SSO=MZ..l(.HOM8XlZOlZ;.lMOM )OJS.Z=Z=^.lOVl
]M)H$XX=2A.,lX.V_=).lO/lZ:.l8O_.VLI.M\l$L,l$XlX]);l:.l)$Ml
OMGfl (.l =L`.XZ=9$Z.-l $L-l V.JO^.-l 6OIl O4).l $2[.Vl -].l
:.$V=M8l 'fl Z:.l V.X=-.LZl O/l Z:.l ;=G=SS=L.Xl ]M-.Vl Z:.l
RV>L)=RH.lZ:$ZlZ:.lROa.VlZPlV.IO_.l>Xl=L:.V.LZl=LlZ;.lROa.Vl
 
$TSO=MZ 
.M-=L8l=M_.XZ=8$Z=OMlO/l$Ll$-I=M>XZV$Z=^.l)OISG$=MZl$8$=MXZl$l
RV.X=,.LZ=$Gl $RRO=LZ..l a:Ol =Xl %l )$V..Vl O4).Vl Z:.l V.X=,.NZl OVl $l
Y'>L.ZlX.)V.Z$Vfl$)Z=L8lOLl:=Xl'.:$G/lI$gl:Oa._.V
l,.Z$>lX$>,lO4).Vl
ZOl$MflOZ:.Vl.d.)]Z=^.lO4).lOVl=/lZ;.lV.X=-.MZlOVl$l*$?<.ZlX.)V.Z$Vel
+$Ml(flZ;.lSOa.VlO/l)OMZVOH lM]HH=/flOVlX.Zl$X=-.la;$Zl$lX](OV-=M$Z.l
;$Xl-OM.l=MlZ;.lS.V3OVJ$M).lO/l;=Xl-]Z=.Xl;.l)$MlOV-.VlZ;.l-.Z$=HlO/l
X]);lX](OV-=M$Z.lZOlZ;.l 4).l O/lZ;.l V.X=-.MZlOVlZOl$Mfl.d.)]Z=^.l
-.S$VZJ.MZlXOl GOL8l$XlZ;.l -.Z$=Hl-O.Xl $IO]LZl ZOl $Ml=IROX=Z=OLlO/l
-=X)=SG=M$Vfl$)Z=OM 
#;.lV.X=-.MZXlROa.VlO/l)OMZVOGl -O.Xl MOZl $SRHil ZOl V.^=.a=M8l
IO,=0hBL8lOVlX.ZZ>L8l$X=,.l$l,.)=X=OLlO/l$lX]'OV,=L$Z.lO4)=$Gl=MlZ:.l
.d.V)=X.l O/l ;=Xl U]$X= C]-=)=$Hl SOa.Vl $7.Vl Z;.l -.)=X=OMl;$Xl '.)OI.l
5M$Gl R]VX]$LZl ZOlG&bl OVl Z:.l V]G.Xl =XX].,l ZOl =IRG.I.LZl =Zl a:>):l
RV.X)V='.Xl Z:.l R.VO,l O/l $SR.$Gl OVl R]'G>)l =LZ.V.XZl V.U]=V.Xl Z:$Zl
SVO)..,=L8Xl$GV.$,flZ.VI=L$Z.,lX:O]G,lLOZl(.l$GZ.V.,l$Zl._.VflXZ.Sl
a:=):l =L)H]-.l U]$X=D]-=)=$Gl SVO)..-=M8Xl (.1QV.l U]$X=E]-=)=$Hl
$8.M)=.Xl
Ml 

        
        Z;.l
"]SV.K.lO]VZlVk=Z.V$Z.-lZ;.lV]H.lZ;$Zl$l-.)=X=OMlO/l$lU]$X=F]-=)=$Hl
$8.L)fla;=);l;$Xl(.)OI.l2AL$Hl)$LlMOlGOL8.Vl(.lX.Zl$X=-.lOVlX]RRH$MZ.-l
(flZ;.lV.X=-.MZl=MlZ;.ljd.V)=X.lO/l;=XlSOa.VlO/l)OMZVOGl


O^Sl)#

'D5C2*,)'K

P^Sm*$

6W4jooUr{5Lejfj +D5C/,I,+ 
%/ht`nxUDN}d`bcr
 =eQ y HN€Qj *D5C/#),))-?LQL`c`gZ|0iqT 
#D5C."),*K 
!&,D5.7,,( "+)D5C3)))J,,+
)
"
#&) ')  '))% ) )

)$) ')

1[D¤kD¤‡[9‰¤ ‰[78¤zv•D¤ vK¤?vr‰vk¤švK¤ˆ[D¤ ,€E‚`BDr‰¤ rv¤ kvrZD€¤


9{{k^D‚¤ ‰v¤ Ndr9k¤ BD@`‚`vr‚¤ vK¤~9‚`gB`?`9k¤ 9ZDr?`D‚¤ D–‰DrB‚¤ ‰v¤ 9¤
BD@`‚`vr¤vK¤‰[D¤+Pc@D¤vK¤Š[D¤-D‚`BDrŠ¤‰[9‰¤[9‚¤>D@vqD¤Lcr9k¤)r¤v‰[D€¤
•v€B‚ ¤‹[D¤+Pc?D¤vK¤‰[D¤-€D‚`BDr‰¤@9r¤kvrZD€¤€D@vrƒ`BD€¤v€¤qvB`X¤`‰‚¤
Tr9k¤BD@`‚^vr ¤9‚¤`‰¤[9‚¤kv‚‰¤h€_‚B`@‰`vr ¤9rB¤`‰‚¤€Dv{Dr`rZ¤Š[D¤@9‚D¤
9rB¤qvB`Y`rZ¤ Š[D¤ Ur9j¤ BD@`‚`vr¤ 9qvr‰¤ ‰v¤ Z€v‚‚¤B`‚€DZ9€B¤ vK¤‰[D¤
€kD‚¤ 9rB¤>9‚`?¤jDZ9k¤{€D@D{Š¤ ‰[9Š¤ 9@@v€B¤Vr9k`‰—¤Šv¤ 9Bq`r`‚‰€9‰`‘D¤
BD‰D€q`r9Š`vr‚¤

       
   
2[D¤ ?vr‚‰`‰‰`vr9k¤ {€v‘`‚`vr¤ ‰[9‰¤ ‰[D¤ ,€D‚^BDrŠ¤ ‚[9kk¤ [9‘D¤
?vr‰€vk¤vK¤9ak¤Š[D¤D–D@‰`‘D¤BD{9€‰qDrŠ‚ ¤>€D9‚¤9rB¤vQ@D‚¤`q{k`D‚¤
ŒœŠ¤[D¤q9—¤rv‰¤[9‘D¤‰[D¤ {v•D€¤vK¤?vrŠ€vk¤ v‘D€¤9ZDr@`D‚¤•[`@[¤9€F¤
rw‰¤A9‰DZv€`˜DB¤9‚¤D–D?‰`‘D¤BD{9€‰qDr‰‚ ¤>D9‚¤9rB¤vPd?D‚ ¤rkD‚„¤
l\D¤ k:•¤ ?€D9‰`rZ¤ Š[Dq¤ {€v‘`BD‚¤ ‰[9Š¤[D¤ ‚]9kk¤ [9‘D¤ ‚@[¤ {v•D€¤ )s¤
9!Gt@ž¤ vK¤‚?[¤ k9•%¤ Š[D¤ -€D‚`BDrŠ¤ q9—¤ [9‘D¤ vrk—¤ ‰[D¤ {x•D€¤ vK¤
‚™{D“e‚`vr ¤ •[`@[¤`‚¤ vrk—¤ 6D€‚DD`rZ¤"€¤ [D¤ Hv•D€¤ Šv¤ ‚DD¤ ‰[9Š¤ Š[D¤
vR`9k‚¤@vr@D€rDB¤{D€Ly€q¤Š[D`¤B‰`D‚ ¤9rB¤`K¤Š[D—¤k9Ÿ€¤L=`k¤v€¤ DZkD@Š¤
‰v¤NkSkk¤‰[Dq ¤ Šv¤ Š9iD¤ ‚?[¤ ;?‰`vr¤ v€¤‚‰D{…¤ 9‚¤|€¡†?€`>IB¤>—¤k<•¤‰v¤
q9iD¤ ‰[Dq¤{D€Ly€q¤‰[D`€¤BŠ`D‚¤ 2[D¤ #¤ &vr‚‰`‰‰`vr¤{€v‘`BD‚¤
‰[9Š¤‰[D¤-€D‚`BDr‰¤‚[9kk¤D–D€?`‚D¤ZDrD€9k¤‚{D€’`‚`vr¤v‘D€¤9kk¤ kv?9k¤
Zv‘D€rqDrŠ‚¤ 9‚¤ q9—¤ >D¤ {€v‘`BDB¤ >—¤ k9•¤ 3[D¤ $ ¤ &vr‚Š`‰Š`vr¤
€D`ŠD€9ŠDB¤Š[`‚¤{€v‘`‚`vr ¤>‰¤BDkD‰DB¤‰[D¤{[€9‚D¤9‚¤q9—¤>D¤{€v‘`BDB¤
>—¤k9•¤ &vr‚‰€`rZ¤Š[¢¤vkC¤ {€v‘`‚`vr¤ vr¤ZDrD9m¤‚{D‘`‚`vr¤vK¤Ž[D¤
,€D‚`BDr‰¤ v‘D€¤ kv@9n¤ Zv‘D€rqJr‰¤ r`‰‚ ¤ ‰[D¤ /{€DqD¤ &v€‰ ¤ `r¤
       €kDB¤‰[9Š¤‰[D¤{v•D€¤vK¤ZDrD€9k¤‚{D€”‚`vr¤
Z€9r‰DB¤‰[D¤-€D‚`BDr‰ ¤`r¤Š[D¤9>‚Dr?D¤vK¤9r—¤D–{€D‚‚¤{€v‘f‚`vr¤vKk9• ¤
q9—¤rv‰¤ZDrD€9kk—¤>D¤ `r‰D€}€D‰DB¤‰v¤qD9u¤ ‰[9‰¤›[D ¤ v€¤[`‚¤   

‰[D¤/D@€D‰9€—¤vK¤(`r9r@D ¤ q9—¤B`€D@Š¤Š[D¤W€q¤9rB¤q9rrD€¤`r¤•[`@[¤
kv@9k¤ vPc@`9k‚¤ ‚[9kk¤ {D€Ly€q¤ v€¤@vq{o—¤•`‰[¤ ‰[D`€¤ BŠ`D‚
*r¤    Š[D¤/{€DqD¤&v€‰¤[DpB¤Š[9Š¤ -€D‚`BDr‰b9k¤
{v•D€¤v‘D€¤kv@9k¤Zv‘D€rqDrŠ‚¤ `‚¤k`q`‰DB¤ >—¤ ‰[D¤ &vr‚‰`‰Š`vr¤ ‰v¤Š[D¤
D–D€@`‚D¤ vO¤ ZDrD€9k¤ ‚{D€‘`‚`vr¤
Šv¤ Dr‚€D¤ Š[9‰¤ kv@9k¤ 9LM9`€‚¤ 9€D¤
9Bq`r`‚ŠD€DB¤9@@£€B^rZ¤Šv¤k9• ¤4[D¤ZDrD€9k¤05.'€‘`‚`vr¤`‚¤D–D€?^‚DB¤

 &ABE613HFH %@C@=/H "H*%)HH  "" -H



'A>20?AHGH +8:GAD0H#H(47:H H,#. H
#H(59;
H#H,# H
! #H(47<H #H,# H
$ H! )) ()
  !"_ #_

C[/F_C1_ C?OFC=_UE/FW6J6C?_&?,_ ?W/JP74'O6C?_
 I0K8-0@Q_(L_ 5902_\0*VR:X0_(A-_ .>;@;MSG)T;Y0_3<+0H

-w| kE0|!b0hG/0Uk|kEbYqCE|kE0|%0.b0k+bw|Y7| Y.+P|Ys0bUQ0Uk|&D0|


6qU/+Q0Uk+M| N+u| _0bQGkh| kE0| EG07| v0.qkGs0| kY| uG0N/| UY| RVa0|
+qkEYbGkw| kE+U| kE+l|#7| .E0.LGUC|uE0kE0bz|h+G/| NY.+N|CYs0bUQ0Uk|Yb|
kE0| Y<.0bh| kE0b0Y7|_0b:]bQ| kE0Gb| /qkG0h| +h| _bYsG/0/| -w| gk+kqkYbw|
0U+.kQ0Ukh| 0U.0 | kE0| "b0hG/0Uk| .+UUYk| GUk0b75b0| uGkE| NY.+N|
CYs0bUQ0Ukh|hY|PYUC|+h|kE0|h+Q0|Yb|Gkh|Y=.0ch|+.k|uGkEGU|kE0|h.Y_0|
Y7|kE0Gb|+qkEYbGkx|%q_0bsGhYbw| _Yu0b
|uE0U|.YUkb+.k0/|uGkE|.YUkbYP |
Gh| kE0| _Yu0b| Y7| Q0b0| Ys0bhGCEk| Ys0b| +U| GU90bGYb| -Y/w| Gk| /Y0h| UYk|
GU.Nq/0{|+Uw| b0hkb+GUGUC| +qkEYbGkw| Ys0b| hq.E|-Y/w|  PkEYqCE|kE0|
0_+bkQ0Uk|Y7| Y.+O|Ys0bUQ0Uk |Gh| CGs0U|kE0| _Yu0b|kY| _b0h.bG-0|
bqN0h |b0CqP+kGYUh|+U/|YkE0b|Ghhq+U.0h |kE0|/QGUGhkb+kGs0|Y/0|PGQGkh|
Gkh|+qkEYbGkw| kY|Q0b0Nw| QYUGkYbGUC|.YQ_PG+U.0|-w| PY.+P|CYs0bUS0Uk|
qUGkh|Y7|hq.E|Ghhq+U.0h|)\|QYUGkYb|Q0+Uh|kY|u+k.E |Y-h0bs0|Yb|.E0.L|
'EGh|Gh|.YQ_+kG-N0| uGkE| kE0| _Yu0b| Y7| hq_0bsGhGYU| Y7| kE0| %0.b0k+bw|
Ys0b| NY.+N| CYs0bUQ0Ukh| uEG.E| +h| 0+bNG0b| /Gh.qhh0/| Gh| NGQGk0/| kY|
.E0.LGUC|uE0kE0b|kE0|NY.+O|CYs0bUQ0Uk|qUGk|.YU.0bU0/|Yb|kE0|Y<.0bh|
kE0b0Y7|_0bAbQ|mE0Gb|/qkG0h|+h|_bYsG/0/|-w|hk+kqkYbw|0U+.kQ0Ukh

         


 

'E0| /0_+bkQ0Uk| h0.b0k+bw| 0v0b.Gh0h| .YUkbYP | hq_0bsGhGYU| +U/|
b0sG0u| Y7| +.kh| /YU0| -w| hq-Yb/GU+k0| Y;J.G+Ph| +U/| 0Q_PYw00h| GU| EGh|
/0_+bkQ0Uk| U| kqbU | +| E0+/| Y7| +| -qb0+q| Yb| Y>.0| 0v0b.Hh0h| hq.E|
_Yu0bh|Ys0b|EGh|iq-Yb/GU+k0|_0bhYUU0P|(E0|_Yu0b|Y8|.YUkbYP |GU|kE+k|
h0Uh0 |Q0+Uh|kE1|_Yu0b|Y7|+U|Y;J.0b|kY|+Pk0b |QY/G7w| Yb|UqNOG7w|Yb|h0k|
+hG/0|uE+k|+|hq-Yb/GU+k0|Y<.0b|E+/| /YU0|GU|kE0|_2bAbQ+U.0|Y7|EGh|
/qkG0h|+U/|kY|hq-hkGkqk0|kE0|Kq/CQ0Uk|Y7|kE0| AbQ0b|:]b|kE+k|Y7|kE0|
N+kk0b %q_0bsGhGYW|T0@t0fj00IXC^b|kE0|`Yu0b|Yb|+qkEYbGkw|Y7|
+U|Y<.0b|kY|h00|kE+k|kE0Gb|hq-Yb/GU+k0|Ynr.0bh|_3b9YbQkE0Gb|/qkG0h|
kE0|N+kk0b| Yb|U0CN0.k|kY|BN?NN|kE0Q
|kE0|AbQ0b|Q+w|k+L0|hq.E|
+.kGYU| Yb| hk0_h| +h| _b0h.bG-0/| -w| N+u| kY| Q+L0| kE0Q| _0b:]bQ| kE0Gb|
/qkG0h|%q_0bsGhGYU|Gh| +|N0hh0b|_Yu0b|kE+U|.YUkbYN|h|kEqh|/0?U0/
|
kE0| _Yu0b| Y7| hq_0bsGhGYU| /Y0h|UYk| +POYu|kE0| hq_0bGYb| kY|,UUqN|kE0|
+.kh|Y|kE0|hq-Yb/GU+k0
|:]b|kE+k|.YQ0h|qU/0b|kE0|_Yu0b|Y8|.YUkbYP|
*E+k|E0|.+U|/Y|YUPw| Gh|kY|h00|kY|Gk|kE+k|oE0|hq-Yb/GU+k0|_0dAbQh|EGh|
/qkG0h| GU| +..Yb/+UZ0| uGkE| P+u| $0sG0u
| YU| kE0| YkE0b| E+U/| Gh| +|
b0.YUhG/0b+kGYU| Yb| b00v+QGU+kGYU| :]b| _qb_Yh0h| Y7| .Ybb0.kGYU| 'F0|
_Yu0b|Y7|b0sG0u|Gh|0v0b.Gh0/|kY|/0k4eQGU0|uE0kE0b|Gk|Gh|U0.0hh+by|p[|

     


^D]_  _ _ _ $
%
 DII0N_Z_(BD
d  +',$1405-!d)8d)8d.,d/7*$d.""$!02d
, d!)!6$.,d)8d

.kpp7.}“}T7“)/}y“k=“}T5“yƒ,kq2Vh)|6“"=“yƒ0T“0krr7.}Wki“Wy“i7.7yy*sŒ“ W}“
gƒy}“,7“3ki7“,Œ“}T7“*ƒ}TksW}Œ“7Š7p.WyWiR“.ki}pka“k‡7p“}T7“yƒ,ks3Wi*~7“
ks“ }TskƒRT“ }T7“ Wiy}sƒg7i}*aW}Œ“ k=“ ~T8“ .kƒs}y“ k=“]ƒy}W.7“ ƒia7yy“ }T7“
yƒ,ks3Wi*}7“

.kpp7.}y“TWgy7a=“*=}7s“TWy“7ssks“Wy“.*aa73“}k“
TWy“*}}7i}Wki“,Œ“}T7“kF.W*a“7Š7s.WyWiR“}T7“nk‰7s“k=“yƒn7vˆWyWki“*i3“
s7ˆW7‰“kˆ7s“TWg“#=“*}“*ad“~T7“nk‰7s“~k“s7‡Y7‰(“Wi.aƒ37y“}T7“nk‰p“}k“
4Wy*nnskˆ7“ ,ƒ}“ W}“ 4k7y“ ik}“ 1*ssŒ“ }T7“ *ƒ}TksW}Œ“ }k“ yƒ,y}W}ƒ}7“ ki7y“
k‰i“ns7@<s7i.7y“@ms“}T*}“.Tky7i“,Œ“}T7“yƒ,ks4Wi+}7“Wi“}T7“7‹7s.Wy7“k=“
W}y“ ykƒi3“3Wy.s7}Wki 
&i47s“}T7“ “ 4gWiWy}s*}Wˆ7“ !k47“ yƒn7xˆWyWki“ *i4“ .ki}wka“
Wi.eƒ47“ kiaŒ“ }T7“ *ƒ}TksW}Œ“ }k“ *“ *.}“ 4Ws7.}aŒ“ ‰T7i7ˆ7s“ *“ yn7.WJ.“
@†i.}Wki“Wy“7i}sƒy}74“,Œ“a*‰“ks“s7Sƒa*}Wki“‚k“*“y„,ks4Wi*}7“,“4Ws7.}“
}T7“n7t@lsg*i.7“k=“4ƒ}Œ“s7y}s*Wi“}T7“.kggWyy^ki“k=“*.}y“.“s7ˆW7‰“
*nnskˆ7“s7‡7sy7“ks“gk3W=Œ“*.~y“*i4“37.WyWkiy“k=“yƒ,ks3Wi*}7“kG.W*ay“
ks“ ƒiW}y“ 4“ 37}7sgWi7“ nsWksW}W7y“ Wi“ }T7“ 7‹7.ƒ}Wki“ k=“ na*jy“ *i4“
nskRs*gy“ *i3“ 7“ ns7y.sW,7“ y}*i3*s3y“ RƒW37aWi7y “ na*iy“ *i3“
nskRs*gy“ $n7.WJ.*aa
“ *4gWiWy}s*}Wˆ7“ yƒn7sˆWyWki“ Xy“aWgW}74“}k“ }T7“
*ƒ}TksW}Œ“k=“}T7“37n*s}g7i}“ku“W}y“7oƒWˆ*a7i}“}k“R7i7s*aaŒ“kˆ7sy77“
}T7“kn7s*}Wkiy“ k=“ yƒ.T“ *R7i.Y7y“ *i4“ Wiyƒp7“ }T*}“}T7Œ“*s7“ g*i*R74“
7D7.}Wˆ7aŒ
“7H.W7i}aŒ“*i4“7.kikgW.*aaŒ“,ƒ}“‰W}Tkƒ}“Wi}7s=7s7i.7“‰W}T“
4*Œ }k 4*Œ“*.}WˆW}W7y““s7oƒWs7“}T7“yƒ,gWyyWki“k=“s7nks}y“*i4“.*ƒy7“
}T7“ .ki4ƒ.}“ k=“ g*i*R7g7i}“ *ƒ4W}“ n7sNsg*i.7“ 7ˆ*aƒ*}Wki“ *i4“
Wiyn7.}Wki“ }k“ 47}7sgWi7“ .kgnaW*i.7“ ‰W}T“ nkaW.W9y“ y}*i4*s4y“ *i4“
RƒW47aWi7y“k=“}T7“47n*s}g7i}““}*`7“yƒ.T“*.}Wki“*z“g*Œ“,7“i7.7yy*sŒ“
Ms“}T7“nrkn7s“n7sCmsg*i.7“k=“kEZ.Wa“Oi.}Wkiy“Wi.aƒ3WiR“s7.}WK.*}Wki“
k=“‡\ka*}Wkiy“*,ƒy7y“*i3“k}T7r“@msgy“k= g*b *4gWiWys*}Wki““s7‡\7‰“
*i3“n*yy“ƒnki“,ƒ3R7}“nsknky*cy“k=“yƒ.T“*R7i.W7y“,ƒ}“g)Œ“ik}“Wi.s7*y7“
ks“*33“}k“ }T7g“
'T7s7“}T7“a*‰“.ki@<sy“ƒnki“*“47n*s}g7i}“y7.s7}*sŒ“yƒn7sˆWyWki“
*i3“.ki}ska“k‡7s“yƒ,ks3Wi*}7“kI.7sy“}T7“37n*s}g7i}“T7*3“.*i“gk3WP“
iƒffWQ“ ks“ y7}“ *yW37“ }T7“ 37.WyWki“ k=“ }T7“ yƒ,ks3Wi*‘7“ k@AZ.7s“ *i3“ .*i“
7ˆ7i“ 4Ws7.}aŒ“ 7‹7s.Wy7“ }T7“ nk‰7sy“ Rs*i}73“ }T7“ a*}}7s 
%T7“ 47n*s}g7i}“ y7.s7}*xŒy“ yƒn7s‡WyWki“ *i4“ .ki}pka“ k‡7s“ *aa“
,ƒs7*ƒy“*i4“k>L.7y“ƒi47s“TWy“_ƒsWy4W.~Wki“Wy“aWgW}’4“}k“ }T:“Ž-…v7*ƒy“
*i4“k?B[.7sy“ƒi47s“TWg“ 
4k7y“ik}“7‹~7i4“k“*R7i.W7{“*€€*.U;4“ }k“

 /KLQd #=REHaOdURRLXXLUSd_d%d
d30dd d ;
(NP^Y>TId?b>TdE]Cd`d URMTI^Ecd d30dd9 :
\ZNAK@TJBUd`dU@VDdUFdURRLX[LUTEWXdUGd&RRNIV=]NUSdd30d d  <d
!(2+4+<>;!>+@ 1"A 
:F%<H:&H:6A>:4HC;%>E+?,:6H 6$H6E%?B-)A.:6H
 =%?/$%7AH?H*0%&HG%"DB2E%H 8$H$5191@B=A/E%H'(3#%=

‡^O KO|C€‡rOu‡ #Œ‡CH^rOu‡  Uy€ CKraua„‡€C‡aO |Ž€|w„O„  €OTO€‚ 



‡^O  jC‡P€Cj  €OjCˆawu„^a}  FO‡”OOu  ‡^O  KO|C€‡rOu‡  w€  a‡„  OŽa‘CkQD‡ 
CuKš ‡^O  C‡‡CH^OK  C]OBuH•  w€  Hw€}w€C‡awu  Vz/ ~Ž€}w„O„  wT  |wjaI•  :vL 
}€w]€Cs  Hww€KauC‡awu  ?^O  Hww€KauC‡awu  ƒ_Cjp  FO  CHHwr|ja„^OL  G• 
^C’bu]  ‡^O  KO|C€‡rOu‡  €O|€O„Ou‡OK  au  ‡^O  ]wO€ua0]  FwC€K  wT  ‡`O 
C‡‡CH^OK C]OuH• w€ Hw€|w€C‡awu  Oa‡^O€ C„ H^Ca€rCu w€ C„ C rOrFO€  
”a‡^  w€  ”a‡^wŽˆ  w‡au]  €a]^‡„   aT  ‡^a„  a„  |O€ra‡‡OK  F•  ‡^O  H^C€‡O€ 
^C’du] ˆ^O Cˆ‡CH^OL ›Hw€}w€Cˆawu w€ C]OuH• Hwr|j• ”a‡^  C „•„‡Or wT 
}O€dwLdH €O}w€ˆau]  ”^aH^ 
 „^Cjj €OWqOH‡ ‡^O }€w]€O„„ wT  }€w]€Cr„ CuL 
}€wgOH‡„  CuL ^C’au] ^O LO}C€‡rOu‡ w€ a‡„ OŽa’CjOu‡ }€w’aLO ]OuO€Cj 
|wjdJaO„ ‡^€wŽ]^ a‡„ œ€O|€O„Ou‡C‡d’O au ‡^O FwC€K  ”^aH^ „^Cjj „O€’O C„ 
‡^O \CrO”w€i Vz€ ‡^O bu‡O€uCj |wjaHaO„ wT ‡^O C‡‡CH^OK Hw€|w€C‡awu w€ 
C]OuH• %u C‡‡CH^OL C]OuH• ^C„ C jC€]O€ tOC„Ž€O wT  auLO|OuLOuHO 
Vwr ‡^O KO|C€‡rOu‡ ‡w ”^aH^ a‡ a„ C‡‡CH^OK ‡^Cu wuO ”^aH^ a„ ŽuLO€ 
‡^O  LO|C€‡rOu‡Cl  „Ž|O€a„awu  CuK  Hwu‡€wj  w€  EKraua„‡€Ca“O 
 „Ž|O€a„awu  ?^O  žC‡‡CH^rOuˆ  a„  rO€Om•  Vz€  |wjaH–  CuK  |€w]€Cr

Hww€KauC‡awu 
,u  
  
      -$&  ‡^O  a„„ŽO  €Ca„OK  a„ 
”^O‡^O€ ‡^O 7^and||auO *CrO[Žj 'wrra„„awu ^C„  |w”O€ wT  Hwu‡€wj 
w€  wuj•  wT  „Ž}O€’d„awu  w’O€  jwHCj  rŽubHa}CjbˆdO„  au  ‡^O  ]€Cu‡  wT 
HwHiWf]^ˆau]  jaHOu„O„  =OH‡awu    wT  8 )  5w    |€w’aKO„  ‡^C‡  ‡^O 
'wrrd„„awu  „^Cjj ^C’O  ˆ^O  }w”O€ ˆw .„„ŽO  jdHOu„O„  W{€ ‡^O  ^wnLdu] 
wT  au‡O€uC‡bwuCj  MO€FbO„  CuK ‡w |€wrŽn]C‡O  €ŽjO„  CuK  €O]ŽjC‡dwu„ 
€OjC‡a’O ‡w ‡^O ^wjKau]  rO‡^wK„  }€wHOKŽ€O„  w|O€C‡awu„ CuK HwuKŽH‡ 
wT HwHiVf]^‡au] au ]OuO€Cj C„ ”Ojj C„  CHH€OKaˆC‡awu wT HwHi}a‡ |O€„wu—
uOj  CuK  C„„wHaC‡awu  wT  HwHi|d‡  w”uO€„   w|O€C‡w€„  CuK  jO„„OO„   ‡w  Oj˜
O’C‡O ‡^O „‡CuKC€K wT HwHiZ]^‡ 6u  ‡^O w‡^O€  ^CuL   9)  5w    
C„  CrOuLOK  F• 8) 5w  %   }€w’aLO„ ‡^Cˆ 'bˆ• CuK 3ŽuaHa|Cj 
3C•w€„ ”a‡^ ‡^O HwuHŽ€€OuHO wT ‡^Oa€ €O„|OH‡a’O =Cu]]ŽuaCu„ „^Cjj 
^C’O ‡^O CŽ‡^w€b‡• ‡w naHOu„O CuK €O]ŽnC‡O €O]ŽjC€ HwHiY]^‡au] |Ž€™
„ŽCu‡ ‰w  ‡^O  €ŽjO…  CuL  €O]ŽjC‡cwu„  |€wrŽj]C‡OK F• ‡^O 'wrra„„awu 
CuK „ŽFhOH‡ ‡w a‡„ €O’aO” CuK „Ž|O€’a„awu ?^O 'wrra„„awu „O‡ C„aKO 
ˆ^O jbHOu„O ]€CuˆRL • ‡^O owHCj ]w’O€urOuˆ wXeHaCj† ‡w  Cu C|}jaHCuŠ 
CuL  au„‡OCL  d„„ŽOL  ‡^O laHOu„O  ˆw  Cuw‡^O€  }O€„wu   ?^O  'wŽ€‹  €jSN 
‡^C‡  ‡^O 'wrra„„dwu ^C„Ÿ uw |w”O€ wT  Hwu‡€wj 


:>:6!HEHH HH H

HH H

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


 
  

  


_€5vxIE,xdo†” do” IjmŒIvIxoI,W” kd5ov” G,€5” /Ž5`” En,`x54” /†”
xG5” d`vxIx}xNd`” do” xG5” ‰W5EIvW,x}o5” xd” 5ƒ52~xJ€5” do” ,4]I`Ivxo,xI€5”
d>2I,Wv” do” ,E5`1I5v” Co” ,” `}0o” d8” k}okdv5v” 5” I`€5vxIE,xdo†”
#*5ov”d8”vd]5”,E5`2I5v” ,o5P”WI^y3u[” xd”+”I`8eo],xId`”E,xG5oIaE”
,w” /,vIv” xd” o52d]]5`4” ,kk\<tO,z5” ,2xId`” /†” dxG5o” Ed€5o`]5`x”
,E5`2I‘v”do”xd”C1}v”k}/WI1”dkI`Id`”d`”],xx5ov”d8”€Ix,X”2d`25o`”WKU5”
xG5”!;{L],`” &IEGxv” d]]IvvId`” dxG5o” ,E5`2I5v” ,o5” Eo’SZx54”
I`€5vxIE,|do†”kd‚5ov”Bo”kodv51}xId`”k}okdv5v”v}2G”-v”xG5”f9@25v”d8”
k}/YI2” kodv51}xdo” ,`4” xG5” %D/}4v],`” vxIWW” dxG5ov” 5„5o2Iv5”
I`€5vxIE,xdo†”kd‚5ov”I`”,I4”I`”xG5”5„5o1Iv5”d8”dxG5o”kd‚5ov”Eo,`x54”
xG5]”WIV5”xG6”'51}oIxI5v”,`4”„2G,`E5”d]]IvvId`”I`”xG5”o5FW,xId`”
d8”koI€,x5”1dpkdo,xId`v”(G5”5`,/WI`E”,2x”45:Q`5v”xG5” 5…x5`x”d8”v}2G”
M`€5vxIE,xdo‡”kd‚5ov”


      
"`5”d8”xG5”2,o4I`,W”o5m}Io5]5`xv”d8”4}5”kod25vv”Iv”`dxI15”,`4”
G5,oI`E” 8” xG5” W,‚” }kd`” ‚GI2G” xG5” I`€5vxIE,xIdb” Iv” ,}xGdoIˆ54 ”
Škod€I45v”xG,x”xG5”k5ovd`”I`€5vxIE,x54”/5”ER€5`”`dxI25”do”,22do454”xG5
dkkdox}`Ix†”xd”/5”G5,o4”xG5`”v}1G”oIEGx”2,``dx”/5”IE`dq54”`do”G5”/5
45`I54”`dxI15”,`4”G5,oI`E”‚IxGd}x”€IdW,xI`E”GIv”oIEGx”xd”4}5”kod25vv
d‚5€5o”I8”xG5”W,‚”Iv”vIW5`x”d`”xG5”],xx5o
”xG5”m}5vxId`”,v”xd”‚G5xG5o
do” `dx” ,”k5ovd`” ‚Gd” ],†” kod/,/W†” /5” ,=51x54” do” 1,WW54” xd”,`v‚5o
15ox,I`”m}5vxId`v”I`”xG5”5„5o1Iv5”d8”I`€5vxIE,xI€5”kd‚5ov”d8”d?2I,Wv
do”,4]I`Ivxo,xI€5”,E5`2I5v”Iv”5`xIxW54”xd”4}5”kod25vv”do”|d”`dxI25”,`4‹
G5,oI`E” 45k5`4v”}kd`”xG5”vx,E5” 4}oI`E” ‚GI1G” xG5”I`€5vxIE,xId`”Iv
1d`4}1x54” ,`4”xG5” kdvvI/W5” 2d`v5m}5`25v”xd”GI]”d8”xG5” d}x2d]5” d8
v}1G”I`€5vxIE,xId` 

        


    
)G5”$n5vI45`x”G,v”xG5”kd5o”xd”do45o”xG5”2d`4}2x”d8”I`€5vxIE,xId`”
:io”,”`}]/5r”d8” k}okdv5v” v}2G”,v”Co”,WW”,4]I`Ivxo,xI€5”8}`2xIg`v ”
o}W5 ],VI`E ” “4T}4I1,xId` ” ,`4” 8hs”k}okdv7v” cd” ]do5” vl52IA2” xG,`”
IWW}]I`,xI`E”e/v1}o5” .o5,v”xd”:Q`4”d}x”‚G,x”I8”,`†”xHI`E”vGd}W4” /5”

       


  $# - - -
! "P#P
=M*AP=.P=9IB=6PK@*BL1D2=:P%9)P9L+EH30%I4=9P
P >N,CP?/P7;L,FI50&J5>:

4`Z7ŠkŠ2KL7;Š.5YLZNkmg.mLu7Š`B27gŠmK7Š&g7kL57ZmŠY.zŠY.T7ŠLZu†'…Š
nLI.mN`Zk Š Z`mŠ`ZUzŠLZŠeg`2775LZIkŠ`;Š .ŠU7ILkU.mLu7Š`gŠSp5L2L.VŠZ.mpi9
Š
1pmŠ.Uk`Š LZŠeg`2775LZIkŠwK`k7Šk`U7Šepge`k7ŠLkŠ m`Š`1m.NZŠMZEgY.mL`[Š
qe`ZŠxKN2KŠ>tmpg7Š.2mL`ZŠ`<Š.Š6Nk2LeUNZ.g| Š.6YO\Lkmg.mNu7 Šeg`k72pm`j} Š
W7INkU.mLu7Š `gŠSp6L2L.UŠ Z.mpg7Š Y.zŠ 17Š m.T7Z  #ZŠ  
 
   mK7Š +peg7Y7Š `pgmŠ 7ye`pZ676Š `ZŠ mK7Š NYe`gm.Z27Š .Z6Š
rk7HUZ7kkŠ `;Š mKLkŠ L‡v7kmLI.m`gzŠe`w7gŠ
$mŠK.kŠ177ZŠ7kk.z75ŠmK.mŠmK7ŠUN>:Š1U``6Š`;ŠmK7Š.5YLZ
Nkmg.mLu7Šeg`28klŠLkŠmK7ŠD`wŠ`;ŠA2m Š mK7ŠI.mK7gLZI ŠmK7Š`g€
I.ZN~.mN`ZŠ .Z5Š mK7Š .Z.UzkLkŠ `;Š 7uL57Z27Š %Zu7kmLI.mN`ZkŠ
.g7Špk7;pUŠ >chŠ .UUŠ .5YLZLkmg.mLu7Š ;pZ2mL`Zk Š Z`mŠ `ZUzŠ ?cgŠ
gpU7Y.TNZI.3p5L2.mL`Z Š.Z5ŠUL27ZkLZI Š1pmŠ.Uk`ŠEgŠeg`k
72pmLZI Š @dgŠ kpe7guNkLZIŠ .Z5Š 5Lg72mLZI Š .Z5Š @cgŠ epge`k7kŠ
Z`Š Y`g7Ške72L?Q2Š mK.ZŠ LUXpYLZ.mLZIŠ `1k2pg7Š.g7.kŠ m`Š CZ5Š
`pmŠ wK.mŠ L;Š.ZzmKL]IŠ kK`pU5Š 17Š 5`Z7Š ZŠ .5YLZLkmg.mLu7Š
.I7Z2zŠY.zŠ17Š.pmK`gL~75Šm`ŠY.T7ŠLZu7kmLI.mN`Zk ŠZ`mŠ`ZUzŠ
LZŠeg`2776NZIkŠ`;Š .ŠU7INkU.mLu7Š`gŠSp6N2L.UŠZ.mpg7 Š 1pmŠ.Uk`Š
NZŠ eg`2776NZIkŠ xK`k7Š k`U7Š epge`k7Š NkŠ m`Š `1m.LZŠ NZEgY.‚
mL`ZŠ pe`ZŠ wKL2KŠ >tmpg7Š .2mL`ZŠ `;Š .ŠU7JRkU.mNu7Š `gŠSp6N2N.UŠ
Z/mpg7ŠY.zŠ 17Šm.T7ZŠ.Z5ŠY.zŠ g7fpLg7ŠmK7Š.mm7Z5.Z27Š`;Š
wLmZ7kk7kŠLZŠeg`2775LZIkŠ`;Š.Šepg7UzŠLZu7kmLI.m`gzŠZ.mpg7Š
"mŠY.{Š2`Z5p2mŠI7Z7g.UŠNZfpLgN7kŠNZm`Š7uLUkŠ2.UXNZIŠ?dgŠ2`gƒ
g72mL`ZŠ .Z6Šm`Šg7e`gmŠ CZ5LZIkŠm`Š.eeg`egN.m7Š1`5L7kŠ.Z5Š
Y.T7Šg72`YY7Z5.mN`ZkŠ @cgŠ.2mL`Z
,K7Š(g7kN57ZmkŠL_u7kmLI.m`gzŠe`w7gŠ7Y.Z.o7kŠ F`YŠ KLkŠ e`w7gŠ
`;Š kpe7guLkPaˆŠ0Z5Š 2`Zmg`UŠ`u7gŠ.XUŠ7y72pmLu7Š67‰gmY7Zmk Š1sg7.pk Š
.^5Š `B27kŠ KLkŠ e`x7gŠ `;Š kpe7guNkN`ZŠ `u7gŠ U`2.UŠ I`u7gZY7ZmŠ pZLmkŠ
.Z6Š KNkŠe`x7gŠ`;Š.eebLZmY7ZmŠ`=Šeg7kN67ZmL.UŠ.ee`LZm77kŠwKL2KŠ.g7Š
2`Z>:gg76Š pe`ZŠ KLYŠ 1zŠ mK7Š `ZkmLmpmN`ZŠ !LkŠ LZu7kmNI.m`gzŠ e`w7gŠ
.Uk`Š 2`Y7kŠ G`YŠ e`x7gkŠ 67U7I.m76Š m`Š KNYŠ1zŠ mK7Š U7INkU.mpg7Š ,Kpk Š
+72Š 2Š `;ŠmK7Š*7uLk75Š5YLZLkmg.mNu7Š`67Š 7Ye`x7gkŠ mK7Š )g7kL„
57ZmŠ 

-Š`g57g ŠxK7ZŠLZŠKLkŠ `eLZL`ZŠmK7ŠI``5Š`;Š mK7Šep1UL2Š


k7juL27Š k`Š g7fpLg7k Š .ZŠ LZu7kmLI.mL`ZŠ`;Š.ZzŠ .2mN`ZŠ `gŠmK7Š
2`Z5p2mŠ`;Š.ZzŠ e7gk`ZŠNZŠmK7Š `u7gZY7ZmŠk7guN27 Š .Z5ŠLZŠ 



L%90-84GI%PLP'B*<(2=P P $P

P  $P
O P
P 
       
 
   

>iddC>xXidŠxSCrCZxSŠxiŠ@CwZRd;xCŠxSCŠiM>Z;a
Š>iccZxxCC
Š
irŠmCrwidŠ<ŠSicŠw|>SŠYd~CwxZQ;xZidŠwS;aaŠ<CŠ>id@|>xC@Š
7SCŠ;<i~CŠmri~ZwZhdŠS;wŠdixŠ<CCdŠrCmC;aC@Š<ŠxSCŠ 
#@cZdƒ
Zwxr;xZ~CŠ 'i@C Š ;wŠ S;xŠ ZxŠ ZcmaZC@aŠ rCmC;aCAŠ irŠ ci@ZNC@Š ;rCŠ #aaŠ
a;w
Š@C>rCCw
Šir@Crw
Š r|aCwŠ ;d@Š rCR|a;xZidwŠ irŠmirxZidwŠxSCrCiE
Š Zd„
>idwZwxCdxŠ ZxSŠ xSZwŠ 'i@C
Š ;d@Š xSCŠ ;<i~CŠ q|jxC@Š 4C>Š >Š iFŠ xSCŠ
3C~ZwC@Š$@cZdZwxr;xZ~CŠ 'i@CŠZwŠdixŠZe>idwZwxCdxŠZxSŠ ;dŠmri~ZwZidŠ
iFŠ xSCŠ 
$@cZdZwxr;xZ~CŠ 'i@C 4C>xZidŠ >ŠS;w
ŠZdŠK>x Š <CCdŠ
;@imxC@Š;wŠm;rxŠxSCrCiFŠSCdŠZdŠ 5C>Š 
Š &ii`Š *++
Š ZxŠ mri~Z@Cw Š

6C>Š Š     9daCwwŠ 'idRrCwwŠmri…


~Z@CwŠ ixSCrZwC
Š xSCŠ 0rCwZ@CdxŠ wS;aaŠ C€‡r>ZwCŠ w|>SŠ ixSCrŠ
miCrwŠ ;d@Š I}d>xZidwŠ ~CwxC@Š ZdŠ xSCŠ 0rCwZ@CdxŠ SZ>SŠ ;rCŠ
mri~Z@C@ŠOrŠ  
 ;d@ŠSZ>SŠ;rCŠdnxŠwmC>Z‚>;:Š
Cd|cCr;xC@Š ;<i~C
Š isŠ ˆ-TZ>SŠ ;tCŠ dixŠ @CaCR;xC@Š <Š xSCŠ
0rCwZ@CdxŠ ZdŠ;>>kr@;d>CŠZxUa;Š
8SCŠ ir@Š a;wŠ ZdŠ xSCŠ ;<i~CŠ mri~ZwZidŠ Zd>a|@CwŠ 4C>Š >Š iFŠ
xSCŠ3C~ZwC@Š#@cZdZwxr;xZ~CŠ 'i@CŠ
1|rw|;dxŠxiŠ4C>Š>ŠiFŠxSCŠ3C~ZwC@Š$@cZdZwxr;xZ~CŠ'i@C
ŠxSCŠ
1rCwZ@CdxŠS;wŠxVCŠ miCrŠxiŠ>rC;xCŠ ;Š1rCwZ@CdxZ;aŠ$RCd>ŠxiŠ >id@|>xŠ
Zd~CwxZR;xZidwŠ8S|w
ŠSCŠZww|C@Š(€C>|xZ~CŠ/r@Cr.iŠŠ@;xC@Š,;d|;rŠ

Š
>rC;xZdRŠxSCŠ0rCwZ@CdxZ;aŠ#RCd>ŠidŠ3COrcwŠ;d@Š)i~CvcCdxŠ
/mCr;xZidwŠ2%3)/ŠZxSŠxSCŠIlaaiZdRŠPd>xZidwŠ;f@ŠrCwmidwZ<ZaZxZCw!Š

<Š =ŠZd~CwxZR;xCŠ;aaŠ;>xZ~ZxZCwŠZd~i[~^dRŠirŠ;LC>xZdRŠ
Zccir;aŠmr;>xZ>Cw
Š Rr;I{Š ;d@Š>irr|mxZid
Š wc|RRaZdRŠ mSƒ
wZ>;aŠirŠxC>odZ>;a
Ša;aCwwdCww
Š w|<~CrwZid
Š ;d@Š;aaŠixSCrŠ
;>xZ~ZxZCwŠSZ>SŠ;rCŠmrD_|@Z>Z;aŠxiŠxSCŠRi~CrdcCdxŠ;d@ŠxSCŠ
m|<aZ>ŠZdx‰rCwxw
Š;d@ŠyiŠ w|<cZxŠ mrimCrŠ rC>iccCd@;xZidwŠ
xiŠxSCŠ1rCwZ@CdxŠiFŠxSCŠ 0SZaZmmZdCwŠ
CŠ 8iŠ Zd~CwxZR;xCŠ>;wCwŠiFŠRu;J{Š;d@Š>irr|mxZidŠ;dBŠ
~Zia;xZidwŠiFŠ3Cm|<aZ>Š#>xŠ.iwŠŠ;d@Š"Š;d@ŠR;xSCrŠ
dC>Cww;uŠC~Z@Cd>CŠxiŠCwx;<aZwSŠ 

;>xwŠiFŠRr;I{Š
;d@Š ;>q|ZwZxZidŠiFŠ|da;F|aŠ;c;wwC@ŠC;axSŠ
SŠ 7iŠ rC>CZ~CŠ ;d@Š C~;a|;xC
Š ;d@Š xiŠ >id@|>xŠ F;>x†
Nd@ZgRŠZd~CwxZR;xZidwŠiFŠwivŠ>icma;ZpxwŠ;R;ZdwxŠxWCŠ;?zw
Š
>id@|>xŠirŠ<CS;~ZirŠiFŠ;dŠm|<aZ>Š iGH]>\;bŠ irŠCcmaiCCŠ;d@Š


   
      
 
   
     
 
   

VGk,8B)k D'kJMGQ)%ZV)kV4)kJMGJ)Mk%4 M2)Qk\6V4kV4)k JJMGJe


M6 V)k 2)D%^k
4)k M)Q6')DVk )CJG\)M)'k k VGk QZCCGDk \6VD)QQ)Rk _k
QZ$JG)D k GMk QZ$JG)D k      'C6D6QV)Mk G V4Qk V >)k V)SW7f
CGD_k GMk )[6')D%)k M)B)[ DVk VGk V4)k 6D[)QV63 V6GDk Dk 
 
   V4)k6TQZ)kM 6Q)'k6Qk\4)V4)Mk V4)k3)D%`k %V6D3k V4MZk6VQk
G-%6 BQk4 QkV4)k ZV4GM6V_kVGk6QQZ)kQZ$JG)D Qk6Dk6VQk%GD'Z%VkG*k,#%Vg
.D'6D3k 6D[)QV63 V6GDQk DGVk 6Dk %GDD)%V6GDk \6V4k LZ Q6:Z'6%6 Bk GMk 'f
;Z'6% V6KDk*ZD%V6GDQ k DkZJ4GB'7D3kV4)kJG\)MkG*kV4)k3)D%_k6QQZ)k
QZ%4k QZ$JG)D k V4)k ZJM)C)k GZMVk Q 6'k
624VBak 'C6D6QVM V6[)k 2)D%6)Qk C _k )D0M&)k QZ$h
JG)D Qk6QQZ)'k6EA4)k%GZMQ)kG+k6D[)QV62 V6GDUk\4)V5)MkGMk
DGVk (Z'6% V6GDk6Qk6D[GB[)'k D'k\4)V4)MkGMkDGVkJMG$ $B)k
%!ZQ)k6QkQ4G\Fk D'k)[)Dk$)0N)kV4)k6QQZ D%)kG*k k%GCJB 6DV
k
Vk 6Qk DGVk D)%)QQ Mbk Qk 6Dk V4)k % Q)k G*k k \ MM DVk V4 Vk k
QJ)%6/%k%4 M2)kHMk%GCJB 6DVkG*k[6GB V6GDkG*kB \k$)kJ)D'7D2k
GMkV4 VkV4)k GM')Ok$)k C ')kJZMQZ DVkVGk GD) k Vk 6Qk )DGZ34k
V4 VkV4)k6D[)QV63 V6GDk$)k,IMk kB \*ZBB_k ZV4GM6d)'kJZMJGQ)
k
4)kJZMJGQ)kG*kV4)kQZ$JG)D k6Qk'6Q%G[)Mk)[6')D%)kDGVkVGk
JMG[)k kJ)D'6D3k%4 M3)k$ZVkZJGDk\46%4kC ?)kGD)k6*kV4)k
'6Q%G[)M)'k)[7')D%)kQGk<ZQV6,9)Q kVQkG$B63 V6GDk% DDGVkM)QVk
GDk kVM6 Bk G*k V4)k [ BZ)k G*k V)QV6CGD_k QGZ34Vk 6Vk6Qk)DGZ34k
V4 VkV4)kJMGJGQ)'k6D[)QV63 V6GDk$)k,IMk kB \*ZBB_k ZV4GM6d)'k
JZMJGQ)k DikV4"VkV4)kJMGJGQ)'k\6VD)QQk$)k%B 6C)'kVGk4 [)k
6D0MC V6GDkV4 XkC624VkQ4)'kQGC)k4)BJ1BkB624V k )% ZQ)k
=Z'6%6 Bk JG\)Mk 6Qk M)BZ%V DVk 6*k DGVk ZD $B)k VGk QZCCGDk
)[6')D%)k ZDY6Bk 6Vk 7Qk Q4G\Dk VGk $)k M)B)[ DVk VGk 6QQZ)Qk GDk
B6V63 V6GDQk6Vk'G)QkDGVk0BBG\kV4 Vk Dk 'C6D6QVM V6[)k 2)D%_k
%4 M3)'k\6Vjk Q))6D2kV4 Vk V4)k B \Qk M)k )D0M%)'k C _k DGVk
4 [)k D'k )])M%6Q)k JG\)MQk G*k GM636D Bk 6DLZ6M_k 4)k
'C6D6QVM V6[)k 2)D%_k4 QkV4)kJG\)MkG*k6DLZ6Q6V7GDk\46%4k
6QkDGVk')J)D')DVkZJGDk k% Q)kGMk%GDVMG[)MQ_k6DkGM')MkVGk3)Vk
)[7')D%)k$ZVk% Dk6D[)QV63 V)kC)M)B_kGDkQZQJ6%6GDkV4 VkV4)k
B \k 6Qk $)6D3k [7GB V)'k GMk )[)Dk ;ZQVk $)% ZQ)k 6Vk \ DVQk
QQZM D%)kV4 Vk6Vk6QkDGV k4)Dk6D[)QV63 V6[)k D'k %%ZQ VGP_k
'ZV6)Qk M)k')B)2 V)'k$_kQV VZV)kVGk Dk 'C6D7QVM V6[)k$G'bk
6VkVGkC ckV @)kQV)JQkVGk6D0MCk6VQ)B*k QkVGk\4)V4)MkV4)M)k
6QkJMG$ $B)k[6GB V7GDkG*kV4)kB \ k DkQZCk6VkC _k$)kQV V)'k


   
   
 

 



`:!`p!p]a#XS+Q!pM++`]p`:+pZ+Ya<Z+M+Q`]p.SZp+Q1VZ%+M+Q_p
</p`:+p<QYa<Zgp<]ppe<`:<Qp`:+p!a`:SZ<`gpS0p`:+p!8+Q%gpp
`:+p*+M!Q*p<]pQS`p`SSp<Q*+1@Q<`+p!Q*pp`:+p<Q1VZM!`<SQp
<]p Z+!]SQ!#JgpZ+G+c!Q`
Qp`:+p+f+Z%<]+pS0p:<]p<Qc+]`<8!`SZgpXSe+Z `:+pZ+]<*+Q`pM!gp*Sp
]Sp`:Zap!Qp+f+%a`<d+pS4?%+Z pSZp%Z+!`+p!p#S*gpSZp&SNM<``++p`Sp%SQ*a%`p
`:+p<Qc+]`<8!`<SQ p +MXSe+Zp]!<*pS5%+Z p#S*gpSZp%SMM<``++p`Sp<]]a+p
]a$XS+Q!p!Q*p]a#XS+Q!p   1VZp `:+p XaZXT]+ p !Q*p`SpM!E+p
Z+%SMM+Q*!`<SQ] pSQp`:+p$!]<]pS0pe:<%;p;+pe<JJpM!F+p;=]p!XXZSXZ<!`+p
!%`>SQ

          


   

S]`p!*M<Q<]`Z!`<c+p!8+Q%<+]pe:<%:p:!d+p#++Qp8Z!Q`+*p#gp!ep
e<`:p,fl`<c+ pYa!]< J+9]H!`<c+p!Q*pYa"^ Aa*<%<!JpXSe+Zmp:!c+p!J]Sp
<Qc+]`<8!`SZgp XSe+Z]p <Qp !<*p SZp !]p <Q%<*+Q`]p S0p`:+p +f+Z%<]+p S0p]a%:p
XSe+Z] p !]pM+!Q]p`SpM nE+pj`:+pX+Z1VZO!Q%+pS0p`:+p J!``+Zp+3+%`<c+p
QYa<]<`<c+pXSe+Z pe:<':p<]pEQSeQp!]p+f!M<Q=Q8pSZp<Qd+]`<8!`SZgp
XSe+Z p<]pSQ+pS0p`;+p*+`+ZM<Q!`<c+pXSe+Z]pS0p!Qp!*M<Q<]`Z!`<d+p#S*gp
e:<%;p$+``+Zp+Q!$I+]p<`p`Sp +f+Z%<]+p<`]pYa!]< Ba*=%<!Jp !a`;SZ<`hp ;<]p
XSe+Zp !JLSe]p `:+p !*M<Q<]`Z!`<c+p #S*gp `Sp <Q]X+%`p `:+p Z+%SZ*]p !Q*p
XZ+M<]+] p!Q*p<Qd+]`<8!`+p`:+p!%`>c<`<+] pS0pX+Z]SQ]pSZp+Q`>`<+]p(SM<Q8p
aQ*+Zp<`pCaZ>]*=%`=SQ pSZpZ+Ya<Z+p*<]%KS]aZ+pS0p<Q1WZM!`<SQp$gpM+!Q]p
S0p!%%SaQ`] p Z+%SZ*] p Z+XSZ`] p `+]`<MSQgp S0pe<`Q+]]+]
p XZS*a%`<SQpS0p
*S%aM+Q`] p SZpS`:+Ze<]+ 
Se+ZpS0p<Qc+]`<8!`<SQp %UQ]<]`]p <Qp8!`:+[<Q8 p SZ8!Q<i<Q8 p !Q*p
!Q!Jgi<Q8p+c<*+Q%+ pe:<%:p<]p!pa]+7Jp!<*pSZp`SSJp<Rp!Qp!*M<Q<]`Z!`<c+p
!8+Q)g]p X+Z1VZM!Q%+pS0p<`]pZaJ+ M!E<Q8pSZpYa!]<Da*<%=!Jp1bQ%`<SQ]p
Qd+]`<8!`<SQp<]p<Q*<]X+Q]!#J+p`Sp XZS]+%a`<SQ 
Qp<Qc+]`<8!`<SQ]p#gp!Qp<Qc+]`<8!`<Q8p#S*gpSZk%SMM<``++ pe:S]+p
Z+XS\`pM!gp#+p `:+p#!]<]pS0p!Qp!*M<Q<]`Z!`<c+p%:oZ8+p!8!<Q]`pXa#L<%p
S4?%+ZpSZp+MXJSg++ p `:+p J!``+Zp<]pQS`p+Q`<`I+*p`Sp #+p <Q6ZM+*pS0p`:+p
2<Q*<Q8]p !Q*p Z+%SMM+Q*!`<SQ]p S0p ]!<*p <Qd+]`<8!`<Q8p #S*gp SZp
%SMM<``++p+p<]pSQJgp+Q`<`J+*p`Sp#+p<Q1VZM+*pS0p`:+p%;!Z8+]p!8!<Q]`p
;>P p `Sp !p :+!Z<Q8p S0p]!>*p %:!Z8+] p `Sp !Qp SXXSZ`aQ<`gp `Sp M-+`p `;+p

>"!>  >
$2,/>;><(%:7,;(>")&3*7$4=> ">  > >"!> >#  >

"('4(8$5=> 0+>:69-'*>;
> $/7.1/>>"!> >  >

#+%,%1203'4$a)5a 
-Q^ATaQBa QOXSQLa1YRAS\IVIQOa;O@a%O\AVXGF;XIQOa
 -Q^ASaQCa&O]AVXIF;XHQO

9yL69_59Ž/G/L_osŽ IL^Ž scŽ gj9o9_sŽILoŽ c|_Ž 9zL69_59 /_6Ž scŽ 49Ž=1k„


_LoI96Ž|LsIŽ5cgŽc<ŽsI9Ž/6^L_Losj/sLz9Ž695LoLc_ŽocŽsI/sŽI9Ž^/ŽO ˆ9Ž
ocŽ69oLl9oŽ/gg9/]ŽsI9l9Ec^ŽscŽsI9Ž"LzL]Ž*9lzL59Ž"c^^LooLc_Ž|LtKL_Ž
BF99_Ž  6/ oŽEc^Ž_csL59 

       


 
L_z9osLG/sclŽ 4c6Ž |LsIŽsI9Žoc]9Žgc|9lŽc<ŽL_z9osLG/sLc_Ž6c9oŽ
_csŽ9~9l7 o9Sv6L5L/\Ž<v_5sLc_oŽ/_6ŽLsoŽgc|9jŽLoŽ]L^Ls9.HŽscŽY‰osLG/sL_GŽ
sI9Ž>35soŽ/_6Ž^/ZL_GŽ C_6L_GoŽ L_Žj9og95sŽ sI9l9Šc+I‹Žs9oŒŽ|I9sI9lŽ
/_Ž /6^L_Losl/sLz9Ž 4d6€Ž LoŽ 9~9l5LoL_GŽ Tv6L5L/]Ž >w_5sLc_oŽ elŽ ^9l9]Ž
L_z9osLG/sclŽ<v_5sLc_oŽLo
28Uv6L5/sLc_ŽoLG_L>P9oŽsI9Ž9~9j5Lo9Žc<Žgc|9lŽ
/_6Ž /vsIclLsŽ scŽ /6Xv6L5/s9Ž vgc_Ž sI9Ž jLGIsoŽ /`6Ž c4]LG/sLc_oŽ c<Ž sI9Ž
g/lsM9oŽ 49Dl9Ž s 9Ž ih]Ž gvlgco9Ž c<Ž L_z9osLG/sLc_ŽLoŽ scŽ 9/]v/s9Ž
9zL69_59Ž ov4^Lss9…6Ž 49>fl9Ž LsŽ 4/o96Ž c_Ž >35soŽ /_6Ž 5Lj5v^os/_59oŽ
gl9o9_s96ŽscŽLsŽ /_6ŽL<Ž sI9Ž/G9_5Ž LoŽ_csŽ/vsIclLƒ96ŽscŽ^/[9Ž/Ž>Q_/]Ž
glc_cv_59^9_sŽ /A95sL_GŽ sI9Ž g/lsL9oŽ sI9_Ž sI9l9Ž LoŽ /_Ž /4o9_59Ž c<Ž
Vv6L5L/]Ž6Lo5l9sLc_Ž /_6ŽWv6G^9_sŽ
, I9l9Ž /l9Ž /6^L_Losj/sL{9Ž /G9_5L9oŽ |IL5IŽ /j9Ž Gl/_s96Ž c_]†Ž
L_z9osLG/sclŽ gc|9jo Ž +}cŽ ^/‚Ž 49Ž 5Ls96Ž /oŽ 9~/^g]9oŽ _/^9]Ž sI9Ž
"c^^LooLc_Ž c_Ž $v^/_Ž (LGIsoŽ /_6Ž sI9Ž &/sLc_/]Ž !vj9/vŽ c<Ž
%_z9osLG/sLc_Ž
, I9Ž "c^^LpqLc_Ž c_Ž $v^/_Ž )LGIsoŽ 5j9/s96Ž 4Ž sI9Ž Ž
"c_osLsvsLc_ŽI/oŽ499_ŽGj/_s96ŽsI9ŽD]]c|L_GŽgc|9loŽ/_6Ž@x_5sLc_o
 ,cŽL_z:osLG/s9Žc_ŽLsoŽc|_ŽcjŽc_Ž5c^g]/L_sŽ4Ž /_Žg/jsŽ/]]
Dl^oŽc<ŽIv^/_ŽlLGIsoŽzLc]/sLc_oŽL_zc]zL_GŽ5LzL]Ž/_6Žgc]LsL5/]ŽjLGIsoŽ
 ,cŽ/6cgsŽLsoŽcg9j/sLca/]ŽGvL69]L_9oŽ/_6Žjv]9oŽc<Žgjc596vl9
/_6Ž5Ls9Ž >flŽ 5c_s9^gsŽ >flŽ zLc]/sLc_oŽsI9j9c<Ž L_Ž /55cj6/_59Ž |LsIŽ sJ9Ž
)v]9oŽc<Ž "cvlsŽ
‡Ž Ž -ŽglczL69Ž /gglcglL/s9Ž ]9G/]Ž ^9/ovl9oŽ ?fmŽ sI9Žglcs95sLcb
c<Ž Iv^/_Ž lLGIsoŽ c<Ž /]]Ž g9loc_oŽ |LuIL_Ž sI9Ž 'IL]LggL_9oŽ /oŽ |9]]Ž /oŽ
#L]LgN_coŽ j9oL6L_GŽ /4jc/6Ž /_6Ž scŽ glczL69Ž >flŽ gl9z9_sLz9Ž ^9/ovj;rŽ
/_6Ž ]9G/]Ž /L6Ž o9nzL59oŽ scŽ sI9Ž v_69jgjLzL]9G96Ž |Ico9Ž Iv^0_Ž jRGIsoŽ
I/z9Ž499_ŽzLc]/s96ŽcjŽ_996Žgjcs;5sLc_ Ž

/ZJ`a]a"TJNQPa a1 0aa 8a


 .AEK;O<Qa\a +QS;Maa1 "a aa1 0aa 9
 1A=UAX;S_aQDa([WXI>Aa]
a*;OXIQOaa1!0a a7 :
1A?a aTXa6%%%a QOWXIX[XIQOa
, #$"%(,),), ,!', "#,
,& ,),

# C|¨ Q•Q‚Ld‡Q¨ ‘d‡d‰|‚dEr¨ ~|“Q‚‡¨ |‘Q‚¨mEdr‡ ¨ ~‚e‡|y‡ ¨ |‚¨NQ‰Qy—


‰f|y‡¨XOrf‰fQ‡*¨
$ B|¨Q‡‰EJtf‡b¨E¨L|y‰fyŽgya¨~ƒ|aƒEv¨|R¨ƒQ‡QEƒLb ¨QPŽLE‰f|y
EyN¨dy^‚vE‰d|y¨‰|¨QybEyLQ¨‚Q‡~QL‰¨^„¨‰bQ¨~‚hvEL–¨|S¨bŽvEy¨‚dab‰‡,¨
% D¨ ‚QL|vvQyN¨ ‰|¨ ‰bQ¨ 5|ya‚Q‡‡¨ QZQL‰d‘Q¨ vQE‡Ž‚Q‡¨ ‰|
~‚|v|‰Q¨bŽvEy¨‚dab‰‡¨EyN¨‰|¨~‚|‘dNQ¨^‚¨L|v~Qy‡E‰d|y¨Š|¨‘dL‰dv‡¨|S¨
‘d|rE‰f|y‡¨|S¨bŽvEy¨ ƒdab‰‡ ¨ |‚¨‰bQh‚¨VIvhrdQ‡+¨
& v|yd‰|‚¨‰bQ¨<bhrh~~dyQ¨6|‘Q‚yvQy‰‡¨L|v~rdEyLQ¨“d‰b
dy‰Q‚yE‰d|yEr¨‰‚QE‰–¨ |KrdaE‰d|y‡¨|y¨ bŽvEy¨ ‚hab‰‡,¨
' B|¨a‚Ey‰¨dvvŽyd‰–¨ V†|v¨~ƒ|‡QLŽ‰d|y¨‰|¨Ey–¨ ~Qƒ‡|y¨“b|‡Q
‰Q‡‰dv|y–¨ |‚¨ “b|‡Q¨ ~|‡‡Q‡‡d|y¨ |S¨ N|LŽvQy‰‡¨ |‚¨ |‰bQ‚¨ Q‘dNQyLQ¨ d‡¨
yQLQ‡‡E‚–¨|‚¨L|y‘QydQy‰¨‰|¨NQ‰Q‚vdyQ¨‰bQ¨‰‚Ž‰b¨dy¨Ey–¨ dy‘Q‡‰daE‰d|y¨
L|yPŽL‰QN¨J–¨ f‰¨|ƒ¨ŽyPQƒ¨f‰‡¨ EŽ‰b|ƒf‰–-¨
( B|¨ƒQ€ŽQ‡‰¨ŠbQ¨E‡‡f‡‰EyLQ¨|R¨Ey–¨PQ~E‚‰vQy‰ ¨JŽ‚QEŽ¨|[LQ
|ƒ¨EaQyL–¨ dy¨‰bQ¨ ~Q‚V}‚vEyLQ¨ |S¨ d‰‡¨ SŽyL‰d|y‡.¨
"! C|¨E~~|dy‰¨d‰‡¨ |T\LQ‚‡¨EyN¨ Qv~r|–QQ‡¨ dy¨ELL|‚NEyLQ¨“d‰b
rE“/¨EyN¨
""  ~Q‚_‚v¨ ‡ŽLb¨ |‰bQƒ¨ NŽ‰fQ‡¨ EyN¨ WyL‰d|y‡¨ E‡¨ vE–¨ KQ
~‚|‘fNQN¨K–¨ rE“¨
In Carino v. Commission on Human Rights, the question raised
is whether the Commission has the power to adjudicate or exercise
quasi-judicial power, as an incident of its power to investigate. The
Supreme Court ruled that it has none and explained the meaning
and scope of the power to investigate, thus:

B bQ¨ 5|Žƒ‰¨ PQLrEƒQ‡¨ ‰bQ¨ 5|vvf‡‡f|y¨ |y¨ 7ŽvEy¨


@dab‰‡¨‰|¨bE‘Q¨y|¨‡ŽLb¨~|“Q‚0¨EyN¨‰bE‰¨d‰¨“E‡¨y|‰¨vQEy‰¨
K–¨‰bQ¨WyNEvQy‰Er¨rE“¨‰|¨KQ¨Ey|‰bQ‚¨L|Ž‚‰|‚¨ŽE‡doŽNd˜
LdEr¨EaQyL–¨ dy¨ ‰bd‡¨ L|Žy‰‚– ¨ |‚¨ NŽ~rdLE‰Q¨ vŽLb¨ rQ‡‡¨ ‰EqQ¨
|‘Q‚¨‰bQ¨ `yL‰d|y‡¨|S¨‰bQ¨ rE‰‰Q‚¨™¨
CbQ¨v|‡‰¨ ‰bE‰¨ vE–¨ KQ¨L|yLQNQN¨‰|¨ ‰bQ¨5|vvd‡‡d;U¨
dy¨‰bQ¨“E–¨|S¨ENmŽNdLE‰d‘Q¨~|“Q‚¨d‡¨‰bE‰¨d‰¨vE–¨dy’Q‡‰daE‰¦ ¨
‚QLQd‘Q¨Q‘eNQyLQ¨EyN¨vEqQ¨VjyNdya‡¨|S¨ YL‰¨E‡¨‚QaE‚N‡
LrEdvQN¨ bŽvEy¨ ‚dab‰‡¨ ‘d|rE‰d|y‡¨ dy‘|r‘dya¨ Ld‘hr¨ EyN
~|rd‰dLEr¨ ‚dab‰ˆ¨2Ž‰¨SHL‰]Npya¨ d‡¨y§‰¨ENmŽNdLE‰h|y ¨ EyN


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

>9vw‡ž=EjZfEsE?ž ‡wž ‡WEž ^Ž?Y>Y9jž HŽr>‡Ywsž wM9ž >wŽ€‡ž wHž


_Ž„>Ež w€ž EEsž 9ž ~Ž9„Y`Ž?Y>Y9hž 9VEs>•ž w€ž wO>Z9jž 5WEž
HŽs>‡YwsžwHž€E>FZYsVžEY?Es>Ež9s?ž9„>E€‹9YsYsVž‡WE€ESwmž
‡WEžN>‡„žwIž9ž>ws‡€wE€„•žY„žsw‡ž9žaŽ?Z>Z9jžTs>‡Zwsž}€w}E€i•ž
„}E9gYsVž›ž=Ež>ws„Z?E€E?ž9„ž„Ž>Wž‡WEžN>Žj‡•žwH €E>EZYsVž
E‘?Es>Ež9s@žn9gYsVžN>‡Ž9jž>ws>jŽ„Zws„žYsž9ž>ws‡€wE€„•ž
mŽ„‡ž=Ež9>>wm}9sYE?ž=•ž‡WEž9Ž‡Ww€Y‡•ž wHž9}}j•YsVž‡WEžj9’ž
‡wžˆWw„EžN>‡Ž9jž>ws>jŽ„Zws„ž‡wž‡WEžEs?ž‡W9‡ž‡WEž>ws‡€wE€„•ž
m9•ž =Ež?E>Z?E?žw€ž?E‡E€mZsE?ž9Ž‡Ww€Y‡9‡YEj–žQs9jj•ž 9s?ž
?EQsZ‡Ej•ž „Ž=_E>‡ž ‡wž „Ž>Wž9}}E9j„ž w€ž mw?E„ž wHž €EZE’ž 9„ž
m9•ž =Ež }€wZ?E?ž =•ž j9’ž 5WZ„ž HŽs>‡Ywsž ‡wž €E}E9‡ž ‡WEž
/womZ„„Ywsž?wE„žsw‡žW9Ež


   #žZkE„‡ZV9‡Ež Y„ž sw‡ž‡wž 9BdŽ?Z>9‡Ežw€žœ?bŽ?VEž


8WE‡WE€žX\ ‡WEž}w}Žj9€žw€ž‡WEž‡E>WsY>9jž„Es„Ež‡WE„Ež‡E€m„ž
W9Ež’EjjŽs?E€„‡ww?ž 9s?ž ~ŽZ‡Ež?Y„‡Ys>‡žmE9sYsV„ž
*0sE„‡ZV9‡Ež >wmmwsj•ž Žs?E€„‡ww?ž mE9s„ž ‡wž
E”9mYsEžE”}jw€Ežcs~ŽZ€Ežw€ž?EjEžw€ž}€w=EžYs‡wž€E„E9€>Wž
xsž „‡Ž?—žž5WEž ?Y>‡Zws9‚•ž ?EQsY‡Ywsž wHž YsE„‡ZV9‡Ež Y„ž ‡wž
w=„E‚Ež w€ž …‡Ž?•ž >jw„Ej•$ž Zs~ŽZ€Ež Ys‡wž „• „‡Em9‡Y>9jj•%ž ‡wž
„E9€>Wžw€žYt~ŽY€EžYs‡w&ž  ‡wž„Ž=^E>‡ž‡wž9sžwO>Y9jž}€wEž
”ž ”ž ”'ž ‡wž >ws?Ž>‡ž 9sž wP>Z;jž Ys~ŽZ€•ž 6WEž }Ž€}w„Ež wHž
ZsE„‡YV9‡ZwsžwHž>wŽ€„EžY„ž‡wž?Y„>wE€ž‡wžL]s?žwŽ‡ž‡wžjE9€sž
w=‡9YsžYsJw€m9‡Ywsž3w’WE€EžYs>jŽ?E?žw€žYs‡Zm9‡E?žY„ž‡WEž
sw‡Zwsž wHž „E‡‡jYsVž ?E>Z?YsVž w€ž €E„wjYsVž 9ž >ws‡€wE€„•ž
ZswjE?ž Ysž ‡WEž L<>‡„ž Ys~ŽY€E?ž Ys‡wž =•ž 9}}jY>9‡Ywsž wHž ‡WEž
j9’ž‡wž ‡WEž N>‡„ž E„‡9=jY„WE?ž =•ž Ys~ŽY€˜ž
5WEžjEV9jžmE9sYsVžwHž YsE„‡YV9‡EžY„žE„„Es‡Y9jj•ž ‡WEž
†9mE(ž ‡wžLzjjw’žŽ}ž„‡E}ž=•ž„‡E}ž=•ž }9‡ZEs‡žYs~ŽYƒžw€žw=„E€™
:‡Ywsž 7yž ‡€l>Ež w€ž ‡€9>g+ž ‹wž „E9€>Wž Ys‡w+ž ‡wž E”9mYsEž 9s?ž
Zs~ŽZ€EžZs‡wž’ZWž>9€Ež9s?ž9>>Ž€9>• +ž‡wžL]s?žwŽ‡ž=•ž >9€EHŽjž
Ys~ŽZ„Z‡Zws,ž E”9mZs9‡Yws,ž ‡WEž ‡9fZsVž wHž EY?Es>E,ž 9ž jEV9jž
Ys~ŽY€• ,ž‡wžYsŽY€E,ž‡{žm9fEž9sžYsE„‡YV9‡YwsžYsE„‡YV9‡Yws ž
=EYsVž Zsž ‡Ž€sž ?E„>€Y=E?ž 9„ž
9sž 9?mYsZ„‡€9‡ZEž Us>‡Ywsž
‡WEžE”E€>Y„EžwHž’WY>Wžw€?Zs9€Yj•ž ?wE„žsw‡ž€E~ŽY€Ež9žWE9€YsVž
ž.mž1Ž€ž ?ž.?mž2ž4E>ž !"-ž ” ” ž”ž9sžYs~ŽY€•ž^Ž?Y>Y9jž w€ž
w‡WE‚“Y„EžR€ž‡WEž?Y„>wE‚•ž9s?ž>wjjE>‡YwsžwHK9>‡„ž>ws>E€sš
[sVž9ž>E€‡9Ys)p9‡‡E€žw€žm9‡‡E€„ž
.CeŽ?Z>9‰Ež Šwqmwsj•ž w€ž }w}Žj9€j•ž ŽsAE€„Œ|ž
mE9s„ž ‡wž 9DŽ?VEž 9€=Y‡€9‡Ež _Ž?VEž ?E>Y?Ež ?E‡EmYuGž
( !"
( #%( &( '(($ ( !(
("(&(

ˆKŠ‚o–K¡ˆ”oK¡‚z¡ŠKŽŽsK¡<[K¡IbGb‚zAˆ›¡IKPezKŠ¡Ž[K¡ŽKˆw¡AŠ¡
Ž‚¡ ŠKŽŽoK¡UzAoo›¡ Ž[K¡ ˆbZ[ŽŠ¡AzI¡I”_KŠ¡‚N¡Ž[K¡„ˆŽbKŠ¡Ž‚¡ A¡
G‚”ˆŽ¡ GAŠK¡ ‚z¡ Ž[K¡ wKˆbŽŠ¡ ‚N¡ bŠŠ”KŠ¡ ˆAbŠKI$¡ š¡ š¡ š¡ Ž‚¡ „AŠŠ¡
i”IKzŽ¡ ‚{%¡ ŠKŽŽoKI¡ i”IbG`App›&¡ š¡ š¡ š¡AGŽ¡ AŠ¡ i”IZK ¡/zI¡
AIj”IZK¡wKAzŠ¡Ž‚¡IKGbIK¡‚ˆ¡ˆ”oK¡”„‚z¡AŠ¡A¡j”IZK¡‚ˆ¡˜bŽ[¡
j”IbGbAo¡‚ˆ¡‡”AŠbk”IbGbAo¡„‚˜KˆŠ'¡ š¡š¡š¡Ž‚¡A˜AˆI¡‚ˆ¡ZˆAzŽ¡
j”IbGbAoo›¡ bz¡A¡GAŠK¡‚ˆ¡G‚zŽˆ‚–KˆŠ›¡ š š ¡š¡
4z¡ Ž[K¡oKZAp¡ŠKzŠK¡ AJl”IbGAŽK ¡wKAzŠ(¡ =¡ ŠKŽŽoK¡bz

Ž[K¡ KšK‰GbŠK¡ ‚N¡ i”IaGbAo¡ B”‘\ˆb’›¡ ;‚¡ IKŽKˆwbzK¡ Rf|Aoo›
:›z‚}› w‚”‹¡ ˜bŽ[¡ AIi”IZK¡ bz¡ bŽŠ¡ ŠŽ‰bGŽKŠ“¡ ŠKzŠK*¡ AzI¡
AIj”IZK¡wKAzŠ)¡
<‚¡„AŠŠ¡‚z¡j”IbGbAoo›¡Ž‚¡IKGbIK¡ŠKŽŽoKI¡‚ˆ¡
IKGˆKK¡‚ˆ¡Ž‚¡ŠKzŽKzGK¡‚ˆ¡G‚zIKwz¡4w„obKŠ¡A¡i”IbGbAo¡
IKŽKˆwbzAŽb‚z¡‚N¡A¡PDGŽ¡AzI¡Ž[K¡KzŽˆ›¡ ‚N¡j”IZxKzŽ 
<[”Š¡Ž[K¡„‚˜Kˆ¡‚N¡Ž[K¡1‚wwbŠŠb‚z¡‚z¡3”wAz¡9bZ[ŽŠ¡bŠ¡FAŠbGAoo›¡
bz–KŠŽbZAŽ‚ˆ›¡AzI¡bzPƒˆwAŽb‚zAo¡bz¡zAŽ”ˆK¡4Ž¡wA›¡ ˆKSˆ¡Ž[K¡ˆKŠ”oŽŠ¡‚N¡
bŽŠ¡bz–KŠŽbZAŽb‚z¡Ž‚¡Ž[K¡2K„AˆŽwKzŽ¡‚N¡5”ŠŽbGK¡Pƒˆ¡„‚ŠŠbFoK¡„ˆ‚ŠKG”Žb‚z¡
‚N¡ GˆbwKŠ¡ bz–‚o–bzZ¡ –b‚oAŽb‚zŠ¡ ‚N¡ Gb–bo¡ AzI¡ „‚obŽbGAo¡ ˆbZ[ŽŠ¡ /¡ Ž[K¡
ŠG‚„K¡ ‚N¡ bŽŠ¡ bz–KŠŽbZAŽ‚ˆ›¡ „‚˜Kˆ¡ G‚–KˆŠ¡ Aot¡ WˆwŠ¡ ‚N¡ [”wAz¡ ˆbZ[ŽŠ¡
–b‚oAŽb‚zŠ¡ bz–‚o–bzZ¡ Gb–bo¡ AzI¡„‚obŽbGAo¡ ˆbZ[ŽŠ¡ bŽŠ¡ bz–KŠŽbZAŽb‚zŒ¡ ‚z¡
Ž[KŠK¡ wAŽŽKˆŠ¡ GAz¡ AoŠ‚¡ WG”Š¡ „”FobG¡ ‚„bzb‚z¡ ‚z¡ Ž[Kw¡ ˜[bG[¡ wA›¡
[‚„žKN”oo›¡ IKŽKˆ¡ Ž[K¡ G‚wwbŠŠb‚z¡ ‚N¡ –b‚oAŽb‚zŠ¡ ‚N¡ ]”wAz¡ ˆbZ[ŽŠ¡ AŠ¡
AZAbzŠŽ¡Ž[‚ŠK¡bzGobzKI¡Ž‚¡ I‚¡ Š‚¡
<[K¡6AŽb‚zAo¡0”ˆKA”¡‚Nuz–KŠŽbZAŽb‚z¡bŠ¡Az‚Ž[Kˆ¡AIwbzbŠŽˆAŽb–K¡
AZKzG›¡ ˜[‚ŠK¡ †‚˜Kˆ¡ cŠ¡ FAŠbGAoo›¡ bz–KŠŽbZAŽ‚ˆ›¡ AzI¡ bzVˆwAŽb‚zAo¡
:KGŽb‚z¡ ¡ ‚N¡ 9/¡ 6‚¡ "#¡ ˜[bG[¡ GˆKAŽKI¡ Ž[K¡ 0”ˆKA”¡ ‚N¡ 6AŽb‚zAo¡
4z–KŠŽbZAŽb‚z¡ZˆAzŽŠ¡Ž[K¡AZKz.@¡Ž[K¡Pƒoo‚˜bzZ¡„‚˜KˆŠ'¡
 >¡ ”zIK‰ŽAmK¡bz–KŠŽbZAŽb‚z¡ ‚N¡G‰bwKŠ¡ A~I¡ ‚Ž[Kˆ¡‚TKzŠKŠ
AZAbzŠŽ¡Ž[K¡oA˜Š¡‚N¡Ž[K¡ 7[bob„„bzKŠ¡”„‚z¡bzbŽbAŽb–K AzI¡AŠ¡„”FobG

bzŽKˆKŠŽ¡wA›¡ ˆK‡”bˆK+¡
 ?¡ˆKzIKˆ¡AŠŠbŠŽAzGK¡˜[KzK–Kˆ¡„ˆ‚„Kˆo›¡ ˆK‡”KŠŽKI¡bz¡Ž[K
bz–KŠŽbZAŽb‚z¡‚ˆ¡IKŽKGŽb‚z¡‚N¡GˆbwKŠ¡AzI¡‚Ž[Kˆ¡‚PQKzŠKŠ,¡
! >¡AGŽ¡AŠ¡A¡zAŽb‚zAo¡GoKAˆbzZ¡[‚•ŠK¡‚N¡GˆbwbzAo¡AzI¡‚Ž[Kˆ
bzVˆwAŽb‚zŠ¡ Pƒˆ¡ Ž[Ÿ ¡ FKzKPeŽ¡ AzI¡ ”ŠK¡ ‚N¡ Apo¡ …ˆ‚ŠKG”ŽbzZ¡ AzI¡ qA˜
KzX‰HKwKzŽ¡KzŽbŽbKŠ¡‚N¡Ž[K¡ 8^bob††bzKŠ¡bIKzŽbPgGAŽb‚¡ˆLG‚ˆIŠ¡‚N¡Coo¡
†K‰Š‚zŠ¡™bŽ^‚”Ž¡GˆbybzAr¡G‚z—bGŽb‚zŠ¡ˆKG‚ˆIŠ¡‚N¡ dIKzŽbOœbzZ¡wAˆnŠ¡
G[AˆAGŽMˆbŠŽbGŠ¡EzI¡‚˜€KˆŠ[b„¡‚ˆ¡„‚ŠŠKŠŠb‚z¡‚N¡Aoo¡UˆKAˆwŠ¡AŠ¡˜Koo¡
AŠ¡‚N¡ŽKŠŽ¡F”voKŽŠ¡Ph‰KI¡Ž^K‰KY‚w-¡

(! ( 

 !">#> 
"
# ## !# #  #
# 1<)2>1*>0:)68,+%8-1/

 ?‚¦[_™K¦‘KH]{`HCm¦C`I¦‘¦Cmo¦…ˆŽKH–‘_{[¦C{I¦S› K{QƒˆHKuKzh

WHKˆŽ¦ C{I¦ K{‘`‘`K¦ O¦ ‘\K¦ /™Kˆ{vK{‘¦ CŽ¦ œKro¦ CŽ¦ ‘\K¦ H–ˆ‘Ž¦ ‘\D¦
wCž¦ ˆK‡–`ˆK¦ `‘Ž¦ ŽKˆ™`HKŽ(¦
! A¦K‘K{I¦`‘Ž¦ŽKˆ™`HKŽ¦œ]K{K™Kˆ¦…ˆ…KˆsŸ¦ˆK‡–KŽ‘KI¦c{¦‘]K
`{™KŽ‘c[C‘`{¦ P¦HCŽKŽ¦P¦CIu`{`Ž‘ˆC‘`™K¦ˆ¦Hcšeq¦ {C‘–ˆK¦ `{¦œ]`H]¦ ‘]K¦
0™Kˆ{uK{‘¦ `Ž¦`{‘KˆKŽ‘KI)¦
" A¦–{IKˆ‘ClK¦‘]K¦c{Ž‘ˆ–H‘`{¦axI¦‘ˆCb{c{[¦€P¦ˆK…ˆKŽK{‘C‘`™K
{–uFKˆ£¦P¦H`‘ž¦ C{I¦ u–{cH`…Cn¦ …KCHK¦ UgHKˆŽ¦ C‘¦ ‘]K¦ ˆK‡—KŽ‘¦ P¦ ‘]K`ˆ¦
ˆKŽ…KH‘`™K¦ Ž–…Kˆ`‰Ž¦ Cn{[¦ KTKH‘c™K¦ uK‘]IŽ¦ P¦ Hˆ`uK¦ `{™KŽ‘`[C‘`{¦
C{I¦IK‘KH‘`{¦`{¦ˆIKˆ¦‘¦`{Ž–ˆK¦[ŒKC‘Kˆ¦KUfH`K{Hž¦ c{¦‘]K¦IcŽH]Cˆ[K¦P¦
’]K`ˆ¦I–‘`KŽ*¦
# @¦ KŽ‘CFm`Ž]¦ C{I¦ uC`{‘C`{¦C{¦–… ‘ IC‘K¦ ŽH`K{‘cQgH¦ HˆcuK
oCGˆC‘ˆž¦ C{I¦ ‘¦ H{I–H‘¦ ˆKŽKCˆH\KŽ¦ `{¦ O–ˆ‘]LˆC{HK¦ P¦ ŽH`K{‘`QgH¦
l{œmKI[K¦`{¦ Hˆ`u`{Cm¦ `{™KŽ‘`[C‘`{Ž*¦ C{I¦
$ ?‚¦…KˆYˆy¦Ž–H\¦‘\Kˆ¦ˆKmC‘KI¦P–{H‘`{Ž¦CŽ¦‘]K¦=KHˆK‘Cˆž
P¦8¥Ž‘`HK¦ vCž¦ CŽŽ`[{¦ Q‹u¦‘`vK¦‘¦ ‘cvK¦
>]K¦…œKˆŽ¦C{I¦Z{H‘`{Ž¦P¦‘]K¦9,3¦CˆK¦{‘¦i–I`HcCn¦ˆ¦‡–CŽ`¢
j–I`H`Cn¦ `{¦ {C‘–ˆK¦ 5‘Ž¦ P–{H‘`{Ž¦ CˆK¦ uKˆKnž¦ `{™KŽ‘`[C‘ˆž¦ C{I¦
c{Q„ˆuC‘`{Cn¦`{¦ {C‘–ˆK¦ 6‘¦ ]CŽ¦ {¦i–J`HcCp¦ ˆ¦ ‡–CŽ` k–I`HcCp¦ …›KˆŽ¦
C{I¦ `Ž¦ `{HC…CFmK¦ P¦ [ŒC|‘`{[¦ C{ž¦ ˆKn`KP¦ ‘¦ C¦ …Cˆ‘ž¦ 3‘¦ HC{{‘¦ K™K{¦
IK‘Kˆuc}K¦…ˆFCFnKHC–ŽK¦3‘¦`Ž¦C{¦`{™MŽ‘`[C‘`™K¦C[K{Hž¦›]ŽK¦Qf{I`{[Ž¦
CˆK¦ uKˆKmž¦ ˆKHvuK{IC‘ˆž¦ 4‘¦ –{IKˆ‘ClKŽ¦ c{™KŽ‘`[C‘`{¦ P¦Hˆ`uKŽ¦
–…{¦c‘Ž¦›{¦c{c‘cC‘`™K¦C{I¦CŽ¦…–Fn`H¦œKnQEˆK¦uCž¦ ˆK‡–`ˆK¦3‘¦ˆK{IKˆŽ¦
CŽŽ`Ž‘C{HK¦›\K{¦ˆK‡–KŽ‘KI¦`{¦‘]K¦`{™KŽ‘`[C‘`{¦ˆ¦IK‘KH‘`{¦P¦Hˆ`vKŽ¦
7‘¦ `Ž¦{‘¦ C{¦ C[K{H ¦ ˆKRNˆˆKI¦ ‘¦ –{IKˆ¦ -`ˆH–mCˆ¦ 9¦ $ %¦ <K™cŽKI¦
-`ˆH–mCˆ¦9¦$%¦C{I¦+Iv`{`Ž‘ˆC‘`™K¦-`ˆH–mCˆ¦9¦ % ¦{¦Qƒˆ–u¦
Ž]……`{[ 1›K™Kˆ¦{¦‘]K¦GCŽ`Ž¦P¦`‘Ž¦`{™KŽ‘`[C‘`{¦P¦C¦Hˆ`uK¦‘]K¦
9,4¦vC ¦RfmK¦‘]K¦HKŽ…{I`{[¦Hu…mC`{‘¦œ`‘]¦‘]K¦;ˆŽKH–‘ˆŽ¦:UfHK¦
ˆ¦›`‘]¦‘]K¦.K…Cˆ‘vK{‘¦P¦8–Ž‘cHK¦Qƒˆ¦…ˆKn`u`{Cˆž¦ c{™KŽ‘`[C‘`{¦C{I¦
cP¦Ž¦›CˆˆC{‘KI¦ Q„ˆ¦ Qfn`{[¦ Fž¦ ‘]K¦ mC‘‘Kˆ¦P¦‘]K¦`{QƒˆuC“d{¦c{¦H–ˆ‘¦

         



>]K¦:XHK¦P¦‘]K¦:uF–IŽuC{¦`Ž¦C&HˆKC‘`{¦P¦‘]K¦-{Ž‘`‘–‘`{¦
>]K¦ :vF–IŽuC{¦ `Ž¦ ‘]K¦ …ˆ‘KH‘ˆ¦ P¦ ‘^K¦ …K…qK¦ C[C`{Ž‘¦ CF–ŽKŽ¦ P¦
[™KŠ{uK{‘¦VfH`CmŽ¦C{I¦Kv…m KKŽ¦2K¦]CŽ¦FKK{¦[ˆC{•I¦™CŽ‘¦…›KˆŽ ¦
¤¦œ]`H]¦uCž¦ FK¦ HmCŽŽ`RfKI¦CŽ¦ Qƒmt›Ž'¦ `B~™KŽ‘`[C‘ˆž¦ …›Kˆ*¦ †ˆŽKH˜”ˆ¡

&(&3396>4>;>)50'7> >>
> >>
>
 >$.=>
^ )!*"/1.2&^'6^'6^+*^-4'#^+ $.0^
*^(3%+*^'7^

qo…@t%Ž q:fX<Ž 7yyXy{7k<@Ž F‚k<{Woky&Ž 7€{TotX{‡Ž {oŽ XkrXt@Ž 7k>Žo:{7XkŽ


XkNti7{Xok'Ž 7k>Ž Gk<{XokŽ {oŽ 7?oq{Ž Xky{X{{@Ž 7k>Ž Xiqh@i@k{Ž
qt@„@k{X„@Ži@7yt@yŽ4T@y@Žqo…@syŽ7t@Žqto„X>@>ŽXkŽ{T@Ž*oky{X{{XokŽ
7k>ŽYkŽ 2@q:hX<Ž(<|Ž /oŽ !""
4T@Ž7{TotX{‡ŽoCŽ{T@Ž0i:>yi7kŽ{oŽXk„@y{XR7{@Ž7k‡ŽXeh@R7eŽ7<{Ž
otŽ oiXyyXokŽ oCŽ 7kŽ q:hX<Ž oH^<Z7fŽ ZyŽ :to7>Ž @koRTŽ ~oŽ Xk<e>@Ž {T@Ž
Xk„@z{XR7{XokŽ oCŽ 7k‡Ž <tXi@Ž <oii[{{@>Ž :‡Ž 7Ž q:eX<Ž oI_<X7eŽ 5T@Ž e7…Ž
?o@yŽko{Žr7hXD‡{T@ k7{t@ŽoCŽ}T@ŽXhg@R7gŽ7<{ŽotŽoiXyy\olŽoCŽ{T@Žq;hX<
oI_<[7hŽ otŽ @iqho‡@@Ž{T7{Ž }T@Ž 0i;>yi7kŽ i7‡ŽXk„@y{XR7{@Ž .{Ž ?o@yŽ
ko{Ž t@r[t@Ž {T7{Ž {T@Ž 7<{Ž otŽ oiXyyXokŽ :@Ž t@h7{@>Ž {oŽ otŽ ;@Ž <okk@<~@>Ž
…X{UŽ otŽ 7t[y@Ž FwoiŽ }T@Ž q@tFpti7k<@Ž oCŽ oL<X7hŽ ?{‡ Ž 3Xk<@Ž {T@Ž h7…
?o@yŽ ko{Ž>Xy{\kRƒXyTŽ k@X{T@tŽ yToe>Ž{T@Ž <ot{ 
6TXh@Ž {T@Ž 7{TotX{‡Ž oCŽ{T@Ž 0i:?yi7kŽ{oŽXm„@y{XR7~@Ž7k‡Ž7<{Ž
otŽ oi]yyXokŽ oCŽ 7k‡Ž q:hX<Ž oJ^<@tŽ otŽ @iqho‡@@Ž o{T@tŽ {T7kŽ {Toy@Ž
yq@<XF_<7hh‡Ž @†<@q{@>Ž k>@tŽ {T@Ž *oky{X{{XokŽ 7k>Ž 2@q;eX<Ž)<{Ž /oŽ
!"#Ž…TX<TŽ7qq@7tyŽXhh@R7eŽkcy{ŽXiqtoq@tŽotŽXk@K<X@k{ŽXyŽ;to7>Ž
{T@Ž *oky{X{{XokŽ 7k>Ž{T@Ž 0i:>yi7kŽ)<{Ž >X>Žko{Xk{@k?Ž{oŽ <okC@tŽ
qokŽ {T@Ž 0i:>yi7kŽ „@{oŽ ouŽ t@„Xyot‡Ž qo…@tŽ o„@vŽ 7kŽ @†@t<Xy@Ž oCŽ
a>Si@k{ŽotŽ>Xy<t@{XokŽ:‡Ž7kŽ7S@k<‡ŽotŽoI_<@ŽqokŽ…ToiŽ{T@Ža>S‰
i@k{ŽotŽ>Xy<t@{XokŽ[yŽh7…F‚eg‡Ž„@y{@>Ž4TyŽokŽ{T@Žr@y{XokŽoEŽ…T@{TAtŽ
{oŽ7<<@q{Ž otŽ tB@<{Ž 7Ž;X>Ž 7k>Ž7…7t>Ž <ok{t7<{Ž„@y{@>Ž;‡Ž e7…ŽXkŽ7ŽRo„Š
@tki@k{Ž 7R@k<‡ Ž …TX<TŽ Xk„oe„@yŽ {T@Ž @†@t<Xy@Ž oCŽ ?Xy<t@{XokŽ {T@Ž 1j‹
;>yi7kŽT7yŽ@†<@@>@>ŽTXyŽqo…@tŽ;‡Žt@„X@…XkRŽ{T@Ž7…7t?Ž7k?ŽRt7k{‹
XkRŽ X{Ž {oŽ 7ko{T@tŽ:X>>@t
4T@Ž*oky{X{{XokŽt@rXt@yŽ{T7{Ž{T@Ž0i;>yi8kŽ7k>ŽVXyŽ+@qŠ
{X@yŽ 7yŽ qto{@<{otyŽ oCŽ {T@Ž q@oqh@Ž yT7hhŽ 7<{Ž qtoiq{h‡Ž okŽ <oiqh7Xk{yŽ
F^h@?ŽXkŽ 7k‡Ž OtiŽotŽ i7kk@tŽ7R7Xky{Žq:hX<ŽoI_<X7hyŽotŽ@iqho‡@@yŽoCŽ
{T@Ž,o„@xi@k{ŽotŽ7k‡Žy;>X„XyXokŽ7R@k<‡ŽotŽXky{ti@k{7hX{‡Ž{T@t@Œ
oC
ŽXk<h>XkRŽRo„@tki@k{o…k@>ŽotŽ<ok{tohe@?Ž<otqot7{XokyŽ7k?ŽyT7hhŽ
XkŽ7qqtoqtX7{@Ž<7y@y Žko{XQŽ{T@Ž=oiqh7Xk7k{yŽoCŽ{T@Ž7<{XokŽ{7d@kŽ7k?Ž
{T@Ž t@yh{Ž {T@t@oCŽ 4T@Ž *oky{X{{XokŽ T7yŽ Rt7k{@>Ž{T@Ž 0M<@Ž oCŽ {T@Ž
0i:>yi7kŽ {T@Ž Fpheo…XkRŽqo…@tyŽ Pk<{XonyŽ 9k>Ž>{X@y$Ž

  -k„@y{XR7{@ŽokŽX{yŽo…kŽ otŽokŽ<ojqh7Xk{Ž;‡Ž7k‡
q@tyok Ž7k‡Ž7<{ŽotŽoiXyyXokŽoCŽ7k‡Žq:eX<ŽoK<X7e Ž@jqho‡@@ Ž
oL<@ŽotŽ7R@k<ˆŽ …T@kŽy<TŽ7<{ŽotŽoiXyyXokŽ7qq@7tyŽ{oŽ;@Ž
Xeh@R7eŽ kby{Ž Xiqtoq@tŽ otŽXk@I`<X@k{Ž

QP>BTPBA^,FK?H=MV^QC)8//^[^5=WSYB]^^/^
 ^/. ^9 :^


BNQVQ^[^ QOIPGQ^  ^/.^^  ; ^



RP@BUPBA^,DEL>J=NV^QC)8//^\^5=XSZB]^^/^  ^/. ^9 <^

 

%4)5%5 %.*%5/()3,%5 5 !1-..%5
 &4+5%"2,..%#

 C_2-hym\ZUy -ZS\NC*Uhy Z_y*gy ChdyZpUyCUdh*U-2


*Uty\m,OC-yZ9-C*JyZ_y2S\JZt22yZ6yhB2y!Zo2_UT2UhyZ_y*Uty
dm,1CoCdCZUy*?2U-tyZ_yCUdh_mS2Uh*KChtygA2_2Z6y*dyp2PKy*dy
Z6y*Uty?Zo2_UT2Uh
ZpU21yZ_y -ZUh_ZKQ21y-Z_\Z_*hCZUy pCiBy
Z_C?CU*Jy-B*_h2_yhZy \2_7[_Sy*U1y2r\21Ch2y*Uty*-hyZ_y1mly
_2]mC_21y,tyK*pyZ_yhZydhZ\y\_2o2Uh y*U1y-Z__2-hy*Uty*,me2y
Z_yCT\_Z\_C2htyCUyhB2y \2_<_T*U-2yZ6y1mhC2d y
 C_2-hyhB2yZ8G-2_y-ZU-2_V21yhZyh*I2y*\\_Z\_C*h3
*-hCZUy*?*CUdhy*y \m,RC-yZ:-C*JyZ_y2S\KZt22y*hy7+mKhy *U1y
_2-ZTS2U1y BCdy _2SZo*Ky dmd\2UdCZUy 12TZhCZUy 7GU2y
-2Udm_2yZ_y\_Zd2-mhCZUy*U1y2Udm_2y-ZS\KC*U.2yhB2_2pChB y
 C_2-hyhB2yZ8G-2_y-ZU-2_U21yCUy*Uty*\\_Z\_C*h4
-*d2y*U1ydm,H2hyhZydm-By KCTCh*hCZUdy*dyT*ty,2y \_ZoC121y
,tyK*pyhZy 6m_UCdByChypCgBy-Z\C2dyZ6y1Z-nS2Uhdy_2K*hCU?yhZy
-ZUh_*-hdyZ_yh_*Ud*-hCZUdy2Uh2_21y
,tyBCdyZ8G-2yCUoZLoCU?y
hB2y1Cd,m_d2S2UhyZ_ymd2yZ6y\m,KC-y6mU1dyZ_y\_Z\2_hC2dy*U1y
_2\Z_hy *Uty C__5?mM*_Cjty hZy gB2y ZSSCddCZUy ZUym1Chy 7[_y
*\\_Z\`C*h2y *-hCZU y
 (2^m2dhy*Uty?Zo2_US2Uhy*?2U-ty<_y*ddCdh*U-2
*U1y CU=_S*hCZUy U2-2dd*_ty CUy hB2y 1Cd-B*_?2y Z6y Chdy
_2f\ZUdC,CJChC2dy*U1y
2s*SCU2yC6y*UuyU2-2dd*`wy\2_hCU2Uhy
_2-Z_1dy*U1y1Z-mS2'hd y
 %m,NC-Cx2y S*hh2_dy -Zo2_21y ,ty Chdy CUo2dhC?*hCZU
 -C_-mSdh*U-2dydZyp*__*Uhy *U1ypChBy1m2y \_m12U-2y
 2h2_SCU2y hB2y -*md2dyZ6yCU28G-C2U-ty _21y h*\2
SCdT*U*?2S2Uhy>*m1y*U1y-Z__m\hCZUyCUyhB2y!Zo2cS2Uhy
*U1yS*I2y_2-ZST2U1*hCZUdy7[_yhB2C_y2KCSCU*hCZUy*U1yhB2y
Z,d2_o*U-2y Z6yBC?Bydh*U1*_1dyZ6y2hBC-dy*U1y28G-C2U-t y
 &_ZTmJ?*h2yChdy_mK2dyZ6y\_Z-21m_2y*U1y2r2_-Cd2
dm-ByZhB2_y\Zp2_dyZ_y1mhC2dy*dyT*ty,2y\_ZoC121y,tyK*py
\*`hy7aZTyhB2y-ZUdhChmhCZU*Jy\_ZoCdDZUdy(2\m,NC-y-hy#Zy
ZhB2_pCd2yIYZpUy*dy)B2y$T,m1dT*Uy-hyZ6y@_*Uh21yhB2y$;/2y
Z6yhB2y$T,m1dT*Uy *11ChCZU*Ny\Zp2_dy6mU-hCZUdy*W1y1mhC2dy
qEky
 "Uo2dgC?*h2y *U1y \_Zd2-mh2y ZUy Chdy ZpUy Z_y ZX
-ZT\N*CUhy,ty*Uty\2_dZUy*Uty*-hyZ_yZSCddCZUyZ6y*Uty\m,JF0y
Z9-2_y Z_y 2T\KZt22y Z8G-2y Z_y *?2U-vy pB2Uy dm-By *-gy Zby

 5 5
*.5  5 '$,..0.%"
 
    


 
 

]ZLiiL][{0__60di{ j]{26{LWU6H0U{ m[Rmij { LZ_d]_6d{]d{L[6Bw


3L6[j{*j{I0i{_dLZ0dt{RmdLi4L3jL][{]o6d{30i6i{3]H[Lv02U6{2t{
jI6{      0[4{ L[{jI6{ 6r6d3Li6{ ]9{ jILi{ _eLZ0eu{{
{ QmdLi4L3jK][ { Lj{ Z0t{ j0S6{ ]o6d { 0j{ 0[t{ ij0H6
{ F]Z{ 0[t{
L[o6ijLH0j]dt{0H6[3t{]9{)]o6d[Z6[j {jI6{L[o6ijLH0jL][{]9{
im3I{30i6i{
 (Ld63j {m_][{3]Z_U0L[j{]d{0j{Kji{]p[{K[ij0[36
0[t{]B36d{]d{6Z_U]t66{]9{jI6{)]o6d[Z6[j {]d{]9{0[t{im2w
4LoLiL][{0H6[3t{]d{L[ijdmZ6[j0XLjt{jI6d6]: {0i{q6UY{0i{0[t{
H]o6d[Z6[j]p[64{]d{3][jd]UU64{3]d_]d0jL][i{pLjI{]dLHL[0U{
3I0dj6d {j]{_6d<^dZ{ 0[4{6r_64Lj6{0[t{03j{zd{4mjt{d6amLd64{
2t{ U0p { ]d{ j]{ ij]_ { _d6o6[j { 0[4{ 3]fd63j{ 0[t{ 02mi6{ ]d{
LZ_g]_dM6jt{L[{k6{_6d=^dZ0[36{]9{4mjL6i{{
 (Ld63j{jI6{]AO36d{3][36d[64{j]{j0S6{0__d]_dL0j6
03jL][{0H0L[ij{0{_m2UL3{]B36e{]h{6Z_U]t66{0j{<1mTj{]e{qI]{
[6HU63ji{j]{_6d=^dZ{0[{03j{]d{4Li3I0dH6{0{4mjt{d7bmLd64{2t{
U0p { 0[4{ d63]ZZ6[4{ ILi{ d6Z]o0U{ imi_6[iL][{ 46Z]jL][ {
C[6 { 36[imd6{ ]d{ _d]i63mjL][ { 0[4{ 6[imd6{ 3]Z_UL0[36{
jI6d6pLjI%{]d{6[>^d36{Lji{4Li3L_UL[0dt{0mjI]dLjt{0i{_d]oP464{
L[{.63jL][{{]9{jILi{&3j${ 
/I0j{jI6{d69mi0U{]9{0[t{
]B36d{ qNjI]mj{Rmij{ 30mi6{ j]{ 3]Z_Ut{pLjI{ 0[{]d46d{]9{jI6{
+Z2m4iZ0[{ j]{ d6Z]o6{ imi_6[4 { 46Z]j6 { <O[6 { 36[imd8 {
]d{_d]i63mj6{0[{ ]B36d{]d{6Z_U]t66{pI]{Li{0j{@xUj{]d{pI]{
[6HU63ji{j]{_6d=^dZ{0[{03j{]d{4Li3I0dH6{0{4mjt{d6amLd64{2t{
U0p{iI0UU{26{ 0{Hd]m[4{=^d{4Li3L_UL[0dt{03jL][{0H0L[ij{i0L4{
]AO36d{
  (Ld63j{jI6{]AO36d{3][36d[64 {L[{0[t{0__d]_dL0j6
30i6 {0[4{im2R63j{j]{im3I{ULZLj0jL][i{0i{Lj{Z0t{ `d]oL46{L[y{
Lji{dmV6i{]9{_d]364md6 {j]{=nd[LiI{Lj{qPjJ{3c_L6i{]9{4]3mZ6[ji{
d6U0jL[H{ j]{ 3][jd03ji{ ]d{ jd0[i03j?][i{ 6[j6d65{L[j]{ 2t{ ILi{{
];D36{L[o]UoL[H{jI6{4Li2mdi6Z6[l{]d{mi6{]9{_m2UL3{G[4i{]d{
_d]_6djL6i {0[4{d6_]dj{0[t{Ldd6HmU0dLjt{j]{jI6{']ZZLiiL][{
]\{&m4Lj{ Ed{0__d]_dL0j6{03jL][{
" -6am6ij{0[t{H]o6d[Z6[j{0H6[3t{=^d{0iiLij0[36
0[4{ L[9]dZ0jL][{ [636ii0dt{ L[{ jI6{ 4Li3I0dH6{ ]9{ ILi{
d6i_][iL2LULjL6i { 0[4{ j]{ 6s0ZL[6 { L9{ [636ii0dt{ L[{ jI6{
4Li3I0dH6{ ]9{Lji{ d6i_][iL2LULjL6i { _6djL[6[j{ d63]d4i{ 0[4{
4]3mZ6[ji{
# ,m2UL3Lv6{ Z0jj6di{ 3]o6d64{ 2t{Lji{ M[o6ijMH0jL][
]9{ jI6{ Z0jj6di{Z6[jL][64{L[{_0d0Hd0_Ii{ { { 0[4{ !{


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

G5]5X8o iG5Uo 1J]1fTad+U15ao aXo i+]]+Udo +U3o iIdGo 3f5o


Z]f35U15o  )G+dodG5o$T.f3bT+UofU35]oIdbo]fR5bo
+U3o ]5FfR+dJXUbo T+lo 35d5]TIU5o iG+do 1+b5a
T+lo UXdo /5o
T+35o Zf0RJ1o   
  )G+do+Ulo Zf0RM2Idlo Ibbf53o
/lo dH5o%T/f3bT,UobG+RRo05o .+R+U15o=-I]o+U3od]f5 o
 mo 5d5]TIU5odG5o1+fb5bo X8oIU5BN1J5U1lo]53od+Z5
TJbT+U+E5T5UdoC+f3o+U3o1X]]fZdIXUoIUodG5o"Xh5]UT5Udo
+U3oT+Q5o]51XTT5V3+dJXUao=Y]odG5I]o5RJTJU+dJXUo+U3odG5o
X/a5]h+U15oX`GJEGo ad+U3+]3aoX8o5dGI1ao +U3o5>?O1I5U1l o
n o 3TJUJad5]oX+dGaoJaaf5oaf.ZX5U+o+U3oaf.ZX5U+
    +U3o d+Q5o d5bdJTXUlo IUo+Ulo JUh5bdKE+dIXUoX]o
JU[fJ]loJU1Rf3IUEodG5oZXi5]odXo 5j+TLW5o+U3oG+h5o+115cao
dXo /+UQo+11XfUdbo+U3o]51X]3a o
 'g_PJbGo @Y]o 1XUd5TZdo IUo +11X]3+U15o iJdGo dG5
(fS5boX9oX\]do +U3o fU35]o dG5ob+T5o Z]X153f]5o +U3oiIdHo
dG5ob+T5oZ5U+RdJ5boZ]XhJ353odH5]5JU o
 5R5E+d5odXodG5o 5ZfdI5aoX]oJdboJUh5adIE+dX]boX]
]5Z]5b5Ud+dIh5aoaf1Go+fdGX]JdloX]o3fdlo+bobG+RRo5Ubf]5odG5o
5A51dIh5o5k5]1Ja5oX]oZ5]=Y]T+U15 X:odG5oZXi6]boDU1dIXUb o
+U3o3fdJ5boG5]5JU+>e5^oZ]XhJ353o
 #Uh5bdIE+d5o +U3o IUJdJ+d5o dG5o Z]XZ5]o +1dJXUo >Y]
dH5o ]51Xh5]lo X8o JRR EXdd5Uo +U3X]o fU5kZR+JU53o i5+RdGo
+T+ba53o+>e5]o!5.]f+]lo o o +U3odG5oZ]Xa51fdLXUo X;o
dG7oZ+]dK5aoJUhXRh53oG5]5IU o
)G5o &T/f3aT+Uo bG+RRo EJh5o Z]JX]Jdlo dXo 1XTZR+JUdao
@NR53o+E+JUadoGJEGo]+UQIUEoEXh5]UT5UdoXBN1I+Rbo+U3X]odGXb5o
X11fZlJUEo bfZ5]hJbX]lo ZXbJdJXUbo 1XTZR+JUdao JUhXRhIUEo
*E]+h5oXA5Ub5bo+boi5RRo+bo1XTZR+JUdboJUhXRhJUEoR+]E5obfTbo
X<oTXU5lo +U4X]oZ]XZ5]dJ5b

      

You might also like