Download as pdf or txt
Download as pdf or txt
You are on page 1of 78




 

 2,


 
 

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


 

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

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


 

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


 

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


 

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

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

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

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


 

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


 

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

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


 

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


 

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

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

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

& & 


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

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


 

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

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


 

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

X&m 

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


 

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

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


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


 

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


 

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

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

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


 

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

    

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


 

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


 

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

    


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


 

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


 

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


 

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


 

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





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

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


 

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


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


 

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


 

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


 

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


 

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

 

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

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


 

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


 

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

   




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


 

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

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

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


 

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


 

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

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


 

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


 

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




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


 

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

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


 

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

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

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



 

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

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

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


 

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

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

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

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

&
 X& && &
  & &y F

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

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


 

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

  !

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


 

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

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


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

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


 

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


 

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

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

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


 

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

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


 

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

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


 

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

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

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

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

&I X&Ia&2

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

†   &v&†&&l &~ 


&@@AX&IX&66

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

&x y&q &&„  &q &A X&,7

&p&lX&,@X& A

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


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

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

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


 

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

&IIIX&A6X&A76

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

&qX&'4&LX&7A

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

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


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

&m  &⼠&
&r   &^^X&A2

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

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

&¼&r&c%$>1)*QX&!"#$*(#$&IIIX&7@X&,

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

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


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

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

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

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

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

&O&O0X&Ï

& &  &‚  º&aI&@X&@7

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


&!"#$*(#$X&IIIX&7@X& 6
 
&€ 
 ‚&‚º &v

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


 

 7
&€&a 
 X&x &
º

&s 

‚ &€  &A@


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


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

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


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


&„&„  X&q & ¿&x  &A2X& 7 X&6A


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


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

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

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


&†&!1D*/X&\%$#X&IIIX&@@X&A2


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


&x   ¿ &y  &IaX&A


&„&l X&q  
& 
&IIX&@X& 2


&!4&LX& 6




&„  &:IIX&@X&AA




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


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

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


 

 7


 

&&l  &&q &&l


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


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

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

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

&p&lX&7 

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

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

€ &q 5&X&,6&†&m&r 
X&x
& y 
&v &
& 

p
 &~ &AX&6

&qX&x y&q X&,7

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


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

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

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

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

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


 

 7A

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

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

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

 && &  &  &€  &2

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


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

&„  X&^I&6,



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


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

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

&M.#'(*0&\1D&=?/15#&^^aX& 2i&†&r
X&…

&„  X&IaX&@,X&2



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

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

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

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


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

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

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

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

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


 

 7

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

A@X&22,A

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


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


&l &AX&2&*&L
 
&l&…


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

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

&xX& , 

&w&r  X&…


‚ &„  &IIX&@ X&2@,

&x  &€   &IIX& @

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

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


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

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

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

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

&x  &€   &IaX&  2

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

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


 

 72

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


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


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


&x  &€  X&IaX&AA 


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


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



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


&x  &€  &3X&A27A2


&x  &€  &IIIX& 2


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


 

 7,


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


&x  &€  X&IIIX&A,6



&ƒ
 &a
 &^aIX&7@X&2@


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

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


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


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


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

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

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


 

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


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

&a&
&X&@26

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

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

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


&„  &^IIIX&,



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


&†&w ¿X&q&&s

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

&a
 €&  X&^aIIX&2X&A @

&q&t &&a&»  ˆX&q  
&x & 

 &„

&q &X&6

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

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

&IX& ,@6

&†&l&†0#$*QX&3$*.%/*&aIX&,X&767

&q &^^^aIX&@A


 

 7@

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


 

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

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


 

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

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


 

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

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


 

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


& & 


&
&&&
&&


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


 

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

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


 

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

&l


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

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


 

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

&s  X&&l
&&&„y& F

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

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

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


 

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

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

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


 

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


 

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

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


 

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


 

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


 

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


 

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

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

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


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

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


 

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

 &&q&„ &&&
& &&   &
&& &†F 

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


 

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

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


 

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

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


 

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

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


 

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

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

&&† X

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

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

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

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


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



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

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

&m&  X&s
 &î
  
X&IX&s&@@2X&  A6

&x  &€  X&IIIX&  

&„& &
 &^^X&,6X&6A 


 

 @

&x  &€  &IIIX&, 2

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


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

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

&x  &€  X&IIIX&A@A7

&z&Î ‡ ˆX&

 &  & ¿&
 & 

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

&r‚ ‚‚ X&, ,i&l&m  X&x &x   

&
&A&w  
& 
 && X
2,

&x  &€  X&IIIX&A,@

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


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

&  X&'4&LX& 7@ 7

&x  &€  &IaX&,6@

&I X&, 

&I X&2,6

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

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


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

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

&x  &€   &IaX&


 

 

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

&q &^^aIX&@

&x  &€  &IaX&A26

&I X&A, 7

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


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


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

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


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


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


&wI&H#.%<*X&I
  &&
& 

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


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


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


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

& 
 X& 


 

 A7


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


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


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



&x  &€  &aIX&77


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


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


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

&† 
& 
&
 &€&

&EVBAYUHF8B\H& X&È &

&a y 
&

 & &q  &&x  &€  X&aIIX& 2X& ,

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


 

 A

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

&I X&aIIX&A A

&I X&A,AX&A,6

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


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

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

&w&s  X&„& 
&aX&6i&x  &€  X&aIIIX& A

&x  &€  &aIIIX&6@

&Y#'"*QX&76

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


&x  &€   &aX&Ai&…y &s

è&m è &ðèè &r


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


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

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

&†&&l X&

&I X& 2

&I X&6@

&I X&@

&I X&A2

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


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

&I X&6,6

&x  &€  X&IIX&,

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


 

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

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

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

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


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

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

&x  &€  X&IIIX& A

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

&x  &€  &IIIX&2

&H%D#X& 2X&

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


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

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

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

&„&-*(*QX&M.#'&†~aIIIX&A2X&A 

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

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


 

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

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


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


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

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


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


&†&w ¿&m  &‚º &
&r   &^^IIX&77X&6A


&-?9$&L$S&#$V*)X&x 
&†  &IIIX&‚&2


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


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

You might also like