>/d/^/^hZ/EZ/ >/d/^/^hZ/EZ/



 GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG
ϭ͘ ’›Š˜œǰȱ’›˜˜œŠ˜œȱ¢ȱŠ—Žœ’˜DZȱ˜›–Š—ȱŒ˜–™•Ž“˜œȱŒ˜—ȱ
Šȱ˜›’—ŠȱŒ˜—’Ž—ŽȱŒ›’œŠ•ŽœȱšžŽȱ™žŽŽ—ȱ™›ŽŒ’™’Š›œŽȱ¢ȱȱ˜›–Š›ȱž—Šȱ–ŠœŠȱœà•’ŠȱǻŒ¤•Œž•˜Ǽȱ¢ȱŽȱŽœŠȱ˜›–Šǰȱ Ž•ȱŒŠ•Œ’˜ȱ’—˜›¤—’Œ˜ȱ¢ȱ›ŽžŒŽ—ȱœžȱ‹’˜’œ™˜—’‹’•’Šǯȱ—‘’Ȭ
*0+-a!'a%)/!-%*-a !a'.a1:.a0-%)-%.a*./-04!) *a!'a'%-!a+.*a !a'a*-%)Q ‹Ž—ȱ •Šȱ ™›ŽŒ’™’ŠŒ’à—ȱ ȱ ¢ȱ ™›ŽŸ’Ž—Ž—ȱ •Šȱ Š•˜–Ž›ŠŒ’à—ǯȱ •Šœȱ
Œ˜—ŒŽ—›ŠŒ’˜—Žœȱ œŽȱ Ž—ŒžŽ—›Š—ȱ Ž—ȱ •’–à—ǰȱ —Š›Š—“Šȱ ¢ȱ ˜›˜œȱ
"5

 Ϯ͘ •žŒ˜™›˜Ž’—ŠœDZȱ’—‘’‹’˜›ŽœȱŽȱ˜¡Š•Š˜ǯȱ
GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG ŠǼȱŽ›˜ŒŠ•Œ’—ŠDZȱŠŒøŠȱŽ—ȱŽ•ȱ.a !a!)'!5
ŠǼȱ ›ŽŸŠ•Ž—Œ’ŠDZȱŽȱŗŖȬŗśƖȱŽ—ȱǯǯ ‹Ǽȱ ›˜ŽÇ—Šȱ Žȱ Š––Ȭ
˜›œŠ••DZȱ —‘’‹Žȱ •Šȱ Š›ŽŠŒ’à—ǯȱ
‹Ǽȱ ·—Ž›˜DZȱ™›Ž˜–’—’˜ȱŽ—ȱ‘˜–‹›Žœȱ–¤œȱšžŽȱŽ—ȱ–ž“Ž›ŽœȱŘȬřDZŗǯ ŒžŠȱŽ—ȱŽ•ȱø‹ž•˜ȱŒ˜—˜›—ŽŠ˜ȱ’œŠ•ȱ¢ȱŠœŠȱ›žŽœŠǯ
ŒǼȱ Š£ŠDZȱ‹•Š—Œ˜œǻŝŖƖǼǰȱ‘’œ™Š—˜œȱǻŜřƖǼǰȱŠœ’¤’Œ˜œȱǻŚǯŚƖǼǯ ϯ͘ œŽ˜™˜—’—Šȱ ǻž›˜™˜—’—ŠǼDZȱ ’—‘’‹Žȱ •Šȱ ȱ —žŒ•ŽŠŒ’à—ǰȱ Œ›ŽŒ’Ȭ
–’Ž—˜ȱ¢ȱŠ›ŽŠŒ’à—ǯ
Ǽȱ ŠDZȱ—›ŽŒžŽ—ŽœȱŽȱǀŘŖȱŠÛ˜œ5::::*%::,%:!:::
Ÿ’Šǯȱž“Ž›ŽœǰȱœŽž—˜ȱ™’Œ˜ȱŽ™ž·œȱŽȱ•Šȱ–Ž—˜™Šžœ’Šǯȱ¤œȱŽ•ȱŗȱƖȱ ϰ͘ ’Œž—’—ŠDZȱ’—‘’‹Žȱ•ŠȱŒ›’œŠ•’£ŠŒ’à—ǯȱ
Žȱ•˜œȱŒ¤•Œž•˜œȱœŽȱ‘Š—ȱ›Ž’œ›Š˜ȱŽ—ȱ™ŠŒ’Ž—ŽœȱǀŗŞȱŠÛ˜œǯa)a)%<*.a'a
—Ž›˜•’’Šœ’œȱœŽȱŠœ˜Œ’ŠȱŠȱ•Šȱž’•’£ŠŒ’à—ȱŽȱž›˜œŽ–’Šǯ
ŽǼȱ Ž˜›¤ęŒ˜œDZȱ ™›Ž˜–’—Šȱ Ž—ȱ Œ•’–Šœȱ Œ ȱ ǻ™˜›ȱ Žœ‘’›ŠŠŒ’à—ȱ šžŽȱ DZȱŒ˜–™˜—Ž—Žȱ—˜ȱŒ›’œŠ•’—˜ȱǻŘǯśƖȱŽ•ȱ™Žœ˜ȱŽ•ȱ•’˜ǼǯȱžŽŽȱœŽ›ȱž—Šȱ™›˜ŽÇ—ŠǰȱŠ£øŒŠ›ǰȱ•žŒ˜œ–’—ŠǰȱŒŽ—’£Šȱ
Ž—Ž›Šȱ˜›’—ŠȱŒ˜—ŒŽ—›ŠŠǼǰȱŒ•’–Šœȱ¤›’˜œȱ¢ȱœŽŒ˜œǰȱŽœ·›’Œ˜œǰȱ›˜™’Ȭ ˜›¤—’ŒŠǰȱŽŒǯ
ŒŠ•Žœǯȱ›Ž˜–’—’˜ȱž›Š—Žȱ•˜œȱ–ŽœŽœȱœ˜•ŽŠ˜œDZȱŸŽ›Š—˜ȱǻ“ž•ȮœŽ™ǯǼǻŠžȬ
–Ž—ŠȱœÇ—Žœ’œȱ’ǯȱȱ™˜›ȱ•ž£ȱœ˜•Š›Ǽǯȱ
Ǽȱ Œž™ŠŒ’à—DZȱŽ¡™˜œ’Œ’à—ȱŠȱŒŠ•˜›ǰȱŽœ‘’›ŠŠŒ’à—ǰȱœŽŽ—Š›’œ–˜ǯ 
Ǽȱ DZȱŠž–Ž—Šȱ›’Žœ˜ȱŒ˜—ȱŠž–Ž—˜ȱŽ•ȱǯȱ’œ–’—ž¢ŽȱŽ•ȱ›’Žœ˜ȱŒ˜—ȱ ¡Š•Š˜œDZȱ™›ŽœŽ—ŽœȱŽ—ȱŠ•’–Ž—˜œȱŒ˜–˜ȱ‘˜“ŠœȱŸŽ›ŽœǰȱŒŠ›—Žœȱ›˜“ŠœȱŠ•ŠœȱŽ—ȱ™›˜ŽÇ—Šœǯȱ
–Š¢˜›ȱŒ˜—œž–˜ȱŽȱŠžŠȱ¢ȱ–Ž—˜œȱ™›˜ŽÇ—ŠœǯȱŽ•ŠŒ’à—ȱ’›ŽŒŠȱŽ—›Žȱ
‘’™Ž›’—œž•’—Ž–’ŠȱŽȱ‘’™Ž›ŒŠ•Œž’›’Šǯȱ
‘Ǽȱ ‹Žœ’ŠDZȱŽœȱž—ȱŠŒ˜›ȱŽȱ›’Žœ˜ȱ’—Ž™Ž—’Ž—ŽǰȱŽ—ȱ™Š›’Œž•Š›ȱŽ—ȱ•Šœȱ






GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG
–ž“Ž›Žœǯȱ ˜œȱ ™ŠŒ’Ž—Žœȱ ˜‹Žœ˜œȱ ’Ž—Ž—ȱ Ž—Ž—Œ’Šȱ –¤œȱ Š•Šȱ Šȱ ˜›–Š›ȱ
Š›ŠȱšžŽȱž—ȱŒ¤•Œž•˜ȱœŽȱ˜›–ŽȱŽ¡’œŽ—ȱŠŒ˜›Žœȱ™›Ž’œ™˜—Ž—Žœǰȱ–˜’Ÿ˜œȱŽŽ›–’—Š—Žœȱ¢ȱŽ•Ž–Ž—˜œȱŽȱ›’Žœ˜DZ
 ::
5: 5
’Ǽȱ žŠDZȱŠž–Ž—˜ȱŽ—ȱŽ•ȱȱŒ˜—œž–˜ȱŽœȱŠŒ˜›ȱ™›˜ŽŒ˜›ȱǻ›ŽŒ˜–Ž—Š˜ȱǁŘȱ
•’›˜œȱŠ•ȱÇŠǼǯ 
6     
“Ǽȱ ŠŒ˜›ȱ’Ž·’Œ˜DZȱŽ•ȱȱŒ˜—œž–˜ȱŽȱŠ•’–Ž—˜œȱǻŒŠ›—ŽœDZȱ™ž›’—ŠœǼǰȱŸ’Š–’Ȭ ŠŒ˜›Žœȱ™›Ž’œ™˜—Ž—Žœ ϭ͘ ‹œ›žŒŒ’à—ȱŽ•ȱ̞“˜ȱŽȱœŠ•’ŠȱŽȱ•Šȱ˜›’—Šǯ
—Šœȱ¢ȱ–’—Ž›Š•ŽœȱǻŒŠ•Œ’˜ǰȱ–Š—Žœ’˜ǰȱȱŸ’Š–’—Šȱȱ¢ȱŸ’Š–’—ŠȱǼȱ™žŽŽ—ȱ
Œ˜—›’‹ž’›ȱŠȱ•Šȱ˜›–ŠŒ’à—ȱ˜ȱŽ•’–’—ŠŒ’à—ȱŽȱ•’˜œǯȱ!a$a !(*./- *a!)a Ϯ͘ Šȱ’—ŽŒŒ’à—:5
Žœž’˜œȱœŽ›’˜œȱŽ•ȱ™Š™Ž•ȱ‹Ž—ŽęŒ’˜œ˜ȱŽȱ•Šȱ›Žœ›’ŒŒ’à—ȱŽȱ•Šœȱ™›˜ŽÇ—ŠœȱŽȱ•Šȱ ϯ͘ ŠȱŽœ‘’›ŠŠŒ’à—ȱŒ›à—’ŒŠȱ™˜›ȱ’Š››ŽŠœǰȱœž˜›ŠŒ’à—ȱ¢ȱŠ–‹’Ž—Žǯ
ŒŠ›—ŽȱŽȱ˜›’Ž—ȱŠ—’–Š•ȱ¢ȱŽ•ȱœ˜’˜ȱŽ—ȱ•Šȱ’ŽŠȱ™Š›Šȱ•Šȱ˜›–ŠŒ’à—ȱŽȱ•’˜œǯ ϰ͘ Šȱ™›ŽœŽ—Œ’ŠȱŽȱŒžŽ›™˜œȱŽ¡›ŠÛ˜œȱ˜ȱ›Žœ˜œȱŽȱŽ“’˜œȱŽ—›˜ȱŽȱ•ŠȱŸÇŠȱ
5


 ˜’Ÿ˜œȱŽŽ›–’—Š—Žœ $& ¡ŒŽœ˜ȱŽȱŒ›’œŠ•ŽœȱŽ—ȱ•Šȱ˜›’—ŠDZȱ‘’™Ž›ŒŠ•Œ’ž›’Šǰȱ‘’™Ž›ž›’Œ˜œž›’Šǰȱ‘’™Ž›Ȭ
GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG ˜œŠž›’ŠȱŠ–à—’Œ˜Ȭ–Š—·œ’ŒŠǰȱ‘’™Ž›Œ’œ’—ž›’Šǯ
ϭ͘ Šž›ŠŒ’à—ȱŽȱ•Šȱ˜›’—Šȱ™˜›ȱœŠ•Žœȱ˜›–Š˜›ŠœȱŽȱŒ¤•Œž•˜œȱ¢ȱ’œ–’—žŒ’à—ȱŽȱ’—‘’‹’˜›ŽœȱŽȱ™›ŽŒ’™’ŠŒ’à—ǯ $& •Ž›ŠŒ’˜—ŽœȱŽȱ•Šȱœ˜•ž‹’•’ŠȱŽȱ•˜œȱŒ›’œŠ•Žœȱ™˜›ȱ›Žž•ŠŒ’à—ȱŠ—˜›–Š•ȱ
Ϯ͘ ˜›–ŠŒ’à—ȱŽ•ȱ—øŒ•Ž˜1ȱŽ•ȱŒžŠ•ȱ™žŽŽȱœŽ›ȱ‘ŽŽ›˜·—Ž˜ȱžȱ‘˜–˜·—Ž˜ȱŽȱ˜¡Š•Š˜ǰȱ˜œŠ˜ǰȱŠŒǯȱ'›’Œ˜ǰȱŽŒǯȱ•ȱ—øŒ•Ž˜ȱ Ž•ȱ™
ȱž›’—Š›’˜ǯ
ŽœȱŽ•ȱ™ž—˜ȱŽȱŠ—Œ•Š“ŽȱŽȱ•Šœȱ™Š›ÇŒž•Šœȱœ˜‹›ŽœŠž›ŠŠœǯ $& ŽęŒ’Ž—Œ’ŠȱŽȱ•˜œȱœ˜•ž‹’•’£Š˜›ŽœȱŽȱ•˜œȱŒ›’œŠ•ŽœȱŽȱ•Šȱ˜›’—ŠǰȱŒ˜–˜ȱ
ϯ͘ ›ŽŒ’–’Ž—˜ȱ™˜›ȱŠ›ŽŠŒ’à—ȱŽȱŒ›’œŠ•Žœȱ˜ȱ™˜›ȱ’œ–’—žŒ’à—ȱŽȱ’—‘’‹’˜›ŽœȱŽȱŠ›ŽŠŒ’à—ǯ •˜œȱŒ’›Š˜œǰȱ•˜œȱ™’›˜˜œŠ˜œǰȱŽ•ȱ–Š—Žœ’˜ǰȱŽ•ȱ£’—Œǰȱ•˜œȱ•žŒž›à—’˜œǰȱ•Šȱ
—Ž›˜ŒŠ•Œ’—Šǰȱ•Šȱ™›˜ŽÇ—ŠȱŽȱŠ––Ȭ
˜›œŠ••ǰȱ•˜œȱ•’Œ˜œŠ–’—˜•’ŒŠ—˜œȱ
¢ȱŠ•ž—˜œȱ–žŒ˜™˜•’œŠŒ¤›’˜œǯ


 Śǯȱ ž–Ž—˜ȱŽȱœžœŠ—Œ’ŠœȱŠ—’œ˜•ž‹’•’£Š˜›Šœ::::Ȭ
GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG
ŠŒ’à—ȱŽȱ•˜œȱŒ›’œŠ•ŽœȱŒ˜–˜ȱŽ•ȱŠ•ž–’—’˜ǰȱŽ•ȱ‘’Ž››˜ȱ·››’Œ˜ȱ¢ȱŽ•ȱœ’•’Œ’˜ǯ
˜—ȱ•Žœ’˜—ŽœȱŠœ˜Œ’ŠŠœȱŒ˜—ȱ™•ŠŒŠœȱœž‹Ž™’Ž•’Š•ŽœȱŽ—ȱ•Šœȱ™Š™’•Šœȱ›Ž—Š•ŽœȱšžŽȱœ’›Ȭ śǯȱ ›ŽœŽ—Œ’Šȱ Žȱ ŠŽ—Žœȱ ™›ŽŒ’™’Š˜›Žœȱ Žȱ •˜œȱ Œ›’œŠ•Žœȱ Œ˜–˜ȱ Š•ž—Šœȱ
ŸŽ—ȱŽȱ—’˜ȱ™Š›Šȱ•Šȱ˜›–ŠŒ’à—ȱŽȱ—žŽŸ˜œȱ•’˜œȱ™˜›ȱ›ŽŽ—Œ’à—ȱŽȱŒ›’œŠ•ŽœǯȱǻŽȬ –žŒ˜™›˜Ž’—Šœȱ¢ȱŒ’Ž›Šœȱ‹ŠŒŽ›’Šœǯ
œ’˜—Žœȱ™›˜žŒ’Šœȱ™˜›ȱ˜¡Š•Š˜ȱŽ—ȱ•ŠœȱŒ·•ž•ŠœȱŽȱ•˜œȱø‹ž•˜œȱ›Ž—Š•ŽœǼǯ

(&/ ('& hZK>K'1>h>dK

 >/d/^/^hZ/EZ/ >/d/^/^hZ/EZ/

ŠŒ˜›ŽœȱŽȱ›’Žœ˜ ŗȬȱŠȱŠŒ’˜œ’œȱž‹ž•Š›ȱ›Ž—Š•DZȱŠ—˜›–Š•’ŠȱŽ—ȱ•ŠȱŒžŠ•ȱ•˜œȱ›’Û˜—Žœȱœ˜—ȱ’—Ȭ 
!









ŒŠ™ŠŒŽœȱ Žȱ ˜›–Š›ȱ ˜›’—Šȱ ¤Œ’Šȱ ™›˜Ÿ˜ŒŠ—˜ȱ ž—Šȱ –Š¢˜›ȱ Ž•’–’—ŠŒ’à—ȱ GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG
ŽȱŒŠ•Œ’˜ȱ™˜›ȱ•Šȱ˜›’—Šȱǻ‘’™Ž›ŒŠ•Œ’ž›’ŠǼȱ¢ȱ™›˜™Ž—œ’à—ȱŠȱ˜›–Š›ȱŒ¤•Œž•˜œȱ     

:5:
¡ȱœ’–™•ŽȱŽȱŠ‹˜–Ž— Ÿ’Ž—Œ’Šȱ•ŠȱŽ¡’œŽ—Œ’ŠȱŽȱ•’˜œȱ›Š’˜™ŠŒ˜œǯȱŠȱ›Š’˜™ŠȬ
ŘȬȱŠȱ‘’™Ž›Œ’œ’—ž›’Šȱ™›Ž’œ™˜—ŽȱŠȱ•Šȱ˜›–ŠŒ’à—ȱŽȱŒŠ•Œž•˜œȱŽȱŒ’œ’—Šǯ Œ’Šȱ™žŽŽȱœžŽ›’›ȱŽ•ȱ’™˜ȱŽȱ™’Ž›Šœȱǻ•˜œȱŽȱŽœ›žŸ’Šȱ
řȬȱ Šȱ ‘’™Ž›ŒŠ•ŒŽ–’ŠŠŠȱ ™˜›ȱ Ž•ȱ Šž–Ž—˜ȱ Žȱ Ž¡Œ›ŽŒ’à—ȱ Žȱ •Šȱ ‘˜›–˜—Šȱ ¢ȱ Žȱ Œ’œ’—Šȱ œ˜—ȱ ›Š’˜™ŠŒ˜œǰȱ —˜ȱ œ˜—ȱ Š—ȱ Ž—œ˜œȱ Œ˜–˜ȱ
™Š›Š’›˜’ŽŠȱšžŽȱŠŒ’•’Šȱ•Šȱ‘’™Ž›ŒŠ•Œ’ž›’Šȱ¢ȱ•Šȱ˜›–ŠŒ’à—ȱŽȱŒ¤•Œž•˜œǯ ˜¡Š•Š˜ȱ Žȱ ŒŠ•Œ’˜ȱ ˜ȱ ™’Ž›Šœȱ Žȱ ˜œŠ˜ȱ Žȱ ŒŠ•Œ’˜Ǽǯȱ q’•ȱ
ŚȬȱŠȱ¡Š—’—ž›’ŠǰȱœŽȱŽ‹ŽȱŠȱž—ȱŽŽŒ˜ȱŠŸŽ›œ˜ȱŽȱ•Šȱ–Ž’ŒŠŒ’à—ȱŒ˜—ȱŠ•˜™žȬ Ž—ȱ•Šȱ’Ž—’ęŒŠŒ’à—ȱŽȱ—Ž›˜ŒŠ•Œ’—˜œ’œȱǻŠŒ’˜œ’œȱž‹ž•Š›ȱ
›’—˜•ȱ˜ȱŠȱž—ȱŽŽŒ˜ȱ–ŽŠ‹à•’Œ˜ȱŒ˜—·—’˜ǯ ›Ž—Š•Ǽȱ¢ȱ•Šȱ•’’Šœ’œȱŒ˜›Š•’˜›–Žȱǻ™˜›ȱ’—ŽŒŒ’à—Ǽǯ
śȬȱŠȱ
’™Ž›˜¡Š•ž›’ŠȱŠŒ’•’Šȱ•Šȱ˜›–ŠŒ’à—ȱŽȱŒ¤•Œž•˜œȱŽȱŒŠ•Œ’˜ǯȱžŽŽȱœŽ›ȱ
Š—˜ȱ ™˜›ȱ Šž–Ž—˜ȱ Žȱ œžȱ Š‹œ˜›Œ’à—ȱ ’—Žœ’—Š•ȱ Œ˜–˜ȱ ™˜›ȱ ž—ȱ ŽŽŒ˜ȱ  ȱ›Ž—Š• —˜›–Šȱ œ˜‹›Žȱ •Šȱ ™›ŽœŽ—Œ’Šȱ Žȱ •’˜œȱ ›Ž—Š•Žœȱ Œ˜—ȱ ŒŠ›ŠŒȬ
Œ˜—·—’˜ȱŽ•ȱ–ŽŠ‹˜•’œ–˜ȱŽ•ȱ¤Œ’˜ȱ˜¡¤•’Œ˜ǯ Ž›Çœ’ŒŠȱ œ˜–‹›Šȱ ŠŒøœ’ŒŠǰȱ ŠœÇȱ Œ˜–˜ȱ •Šȱ ™›ŽœŽ—Œ’Šȱ Žȱ
˜‹œ›žŒŒ’à—ȱ Œ˜—ȱ ‘’›˜—Ž›˜œ’œǯȱ Ÿ’Ž—Œ’Šȱ •’˜œȱ ›Ž—Š•Žœȱ
ŜȬȱŠȱ’—ŽŒŒ’à—ȱŽȱ•Šȱ˜›’—Šǰȱ™žŽŽȱ™›˜Ÿ˜ŒŠ›ȱŒ¤•Œž•˜œȱŽȱ˜œŠ˜ȱŽȱŠ–˜—’˜ȱ Žȱ ’—˜›–Šȱ œ˜‹›Žȱ ˜‹œ›žŒŒ’à—ȱ ž›ŽŽ›Š•ȱ Œ˜—ȱ œ˜œ™ŽŒ‘Šȱ Žȱ
¢ȱ –Š—Žœ’˜ǰȱ ŒžŠ—˜ȱ Žœ¤ȱ ™›˜Ÿ˜ŒŠŠȱ ™˜›ȱ ·›–Ž—Žœȱ šžŽȱ ›˜–™Ž—ȱ •Šœȱ •’’Šœ’œȱ™˜›ȱ•Šȱ‘’›˜—Ž›˜œ’œǯȱ˜›–Šȱ™Š›ŽȱŽœŽ—Œ’Š•ȱŽ—ȱŽ•ȱ
–˜•·Œž•ŠœȱŽȱ•Šȱž›ŽŠȱŽȱ•Šȱ˜›’—Šǯ :5::
ŝȬȱŠȱ’—–˜Ÿ’•’£ŠŒ’à—ȱ™›˜•˜—ŠŠǰȱ•Šœȱ’œž—Œ’˜—ŽœȱŸŽœ’Œ˜ž›Ž›Š•Žœȱ—ŽžȬ
›˜·—’ŒŠœǰȱ•Šȱ˜‹œ›žŒŒ’à—ȱž›’—Š›’Šȱ¢ȱ•Šȱ›ŽŽ—Œ’à—ȱŒ›à—’ŒŠȱŽȱ˜›’—Šȱœ˜—ȱ ›˜›Š–ŠȱŽ¡Œ›Ž˜›ȱ˜ȱ q’•ȱ™Š›Šȱ•Šȱ’Ž—’ęŒŠŒ’à—ȱŽȱŒ¤•Œž•˜œȱ›Š’˜›Š—œ™Š›Ž—Ȭ
Œ˜—’Œ’˜—Žœȱ™›Ž’œ™˜—Ž—Žœȱ™Š›Šȱ•Šȱ˜›–ŠŒ’à—ȱŽȱŒ¤•Œž•˜œǯ ™’Ž•˜›ŠÇŠ Žœȱ™˜›ȱŽŽŒ˜œȱŽȱ••Ž—Š˜ǰȱ¢ȱ™Š›Šȱ’Ž—’ęŒŠ›ȱŠ—˜–ŠȬ
ŞȬȱŠȱ‘’™˜–Š—ŽœŽ–’Šǯȱ•ȱȱŽœȱž—ȱŽœŠ‹’•’£Š˜›ȱŽ•ȱ˜¡Š•Š˜ȱŽ—ȱ•Šȱ˜›’—Šǰȱ •ÇŠœȱŠ—Šà–’ŒŠœȱšžŽȱ™žŽŽ—ȱ™›Ž’œ™˜—Ž›ȱ•Šȱ˜›–ŠŒ’à—ȱ
Žȱ’—‘’‹Žȱ•ŠȱŒ›’œŠ•’£ŠŒ’à—ȱŽ•ȱ˜¡Š•Š˜ȱŽȱŒŠ•Œ’˜ȱ¢ȱŒ˜—ȱŽ••˜ȱ•Šȱ˜›–ŠŒ’à—ȱ : 5
:5
ȱœ’–™•Ž ::!./6) -a !a*-*:::$:::Ȭ
–ŠŒ’à—ȱœ˜‹›Žȱ™˜œ’Œ’à—ǰȱŠ–ŠÛ˜ȱ¢ȱŽ—œ’ŠȱŽ•ȱŒ¤•Œž•˜ȱ

 ǻž—’ŠŽœȱ
˜ž—œęŽ•ǼǯȱœÇȱŒ˜–˜ȱ•Šȱ™›ŽœŽ—Œ’ŠȱŽȱ‘’›˜Ȭ
GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG —Ž›˜œ’œǯȱŽ–¤œȱŽȱŒ˜—›’‹ž’›ȱŠ•ȱ’Š—àœ’Œ˜ȱ’Ž›Ž—Ȭ
•ȱ’Š—˜œ’Œ˜ȱŒ•Ç—’Œ˜ȱŽ‹ŽȱŒ˜—ę›–Š›œŽȱ–Ž’Š—Žȱž—Šȱ·Œ—’ŒŠȱŽȱ’–ŠŽ—ȱŠ™›˜™’ŠŠǯȱŠȱŽ•ŽŒŒ’à—ȱŽ•ȱŽœž’˜ȱŽȱ Œ’Š•ȱ Œ˜—ȱ ˜›Šœȱ ™Š˜•˜ÇŠœȱ ž›˜•à’ŒŠœǯŽ–¤œǰȱ ™žŽŽȱ
’–ŠŽ—ȱŽ™Ž—Ž›ŠȱŽȱ•ŠœȱŒ˜—’Œ’˜—ŽœȱŽ•ȱ™ŠŒ’Ž—Žǰȱ•ŠȱŽ¡™˜œ’Œ’à—ȱŠȱ•˜œȱ›Š¢˜œȱȱ¢ȱ•Šœȱ›Žœ›’ŒŒ’˜—Žœȱ›Žœ™ŽŒ˜ȱŠ•ȱ–Ž’˜ȱ ’—˜›–Š›ȱœ˜‹›ŽȱŒ¤•Œž•˜œȱŽȱŠŒǯȱø›’Œ˜ȱ¢ȱ¡Š—’—ŠǰȱšžŽȱœ˜—ȱ
ŽȱŒ˜—›ŠœŽǰȱž—Œ’à—ȱ›Ž—Š•ǰȱŽ–‹Š›Š£˜ǰȱŽ—›Žȱ˜›˜œǯ ›Š’˜›Š—œ™Š›Ž—ŽœȱŽ—ȱ•Šœȱ›Š’˜›ŠęŠœȱœ’–™•Žœǯ
Š––Š›Š–Šȱ›Ž—Š• ›ŽŽ›Ž—ŽȱŒ˜—ȱȱ™Š›Šȱ’—˜›–Š›ȱœ˜‹›ŽȱŽ•ȱꕝ›Š˜ȱ¢ȱ
ž—Œ’˜—Š•’Šȱ›Ž—Š•ǯȱŽȱœ˜•’Œ’Šȱœà•˜ȱŠ—Žȱ•Šȱœ˜œ™ŽŒ‘ŠȱŽȱ





Š••Šȱ›Ž—Š•ȱ˜ȱŽ¡Œ•žœ’à—ȱ›Ž—Š•ǯȱŽȱŒ˜—œ’Ž›ŠȱŽ¡Œ•žœ’à—ȱ›ŽȬ





 —Š•ȱž—ȱꕝ›Š˜ȱ•˜–Ž›ž•Š›ȱ–Ž—˜›ȱŽȱŘŖȱ–•Ȧ–’—ǯ
GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG
˜ȱŽ‹Ž—ȱŠ–’—’œ›Š›œŽȱ–Ž’˜œȱŽȱŒ˜—›ŠœŽȱ˜ȱŽ‹Ž—ȱŽŸ’Š›œŽȱŽ—ȱ•Šœȱœ’ž’Ž—ŽœȱŒ’›Œž—œŠ—Œ’ŠœDZ Šȱ™›ŽŽ›Ž—Œ’ŠȱŽ•ȱŽœž’˜ȱŽȱ’–ŠŽ—ǰȱœŽø—ȱ•Šȱ žÇŠȱž›˜™ŽŠǰȱŽœȱŽ—ȱ™›’–Ž›ȱ•žŠ›ȱȱ¢ȱŠȱ•Šȱ™Š›ȱž›˜›Š–ŠȱŽ¡Œ›ŽȬ
• ŠŒ’Ž—ŽœȱŒ˜—ȱŠ•Ž›’ŠȱŠȱ–Ž’˜œȱŽȱŒ˜—›ŠœŽǯ ˜›ǰȱ¢ȱŽ—ȱœŽž—˜ȱ•žŠ›ǰȱ ȱ¢ȱ›Š’˜›ŠÇŠȱŽȱŠ‹˜–Ž—ǯ
• ›ŽŠ’—’—Šȱœ·›’ŒŠǁŗśŖȱΐ–˜•Ȧ•ȱǻ›ŽŠ’—’—ŠȱŽ—ȱ–Ȧ•ȱƽȱΐ–˜•Ȧ•ȱ¡ȱŖǰŖŗŗřǼȱƽŗǯŜȱ–Ȧ•ǯ
• ŠŒ’Ž—Žœȱ›ŠŠ˜œȱŒ˜—ȱ–Ž˜›–’—Šǯ  

 



•
’™Ž›’›˜’’œ–˜ȱ—˜ȱ›ŠŠ˜ǯ GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG
• ŠŒ’Ž—ŽœȱŒ˜—ȱ–’Ž•˜–Š˜œ’œǯ 
 
  
6
 
 
 6


:  ˜œŠ˜ȱŠ–à—’Œ˜Ȭ–Š—·œ’Œ˜ȱ Œ’˜ȱø›’Œ˜
Š•Œ’˜ȱ–˜—˜‘’›ŠŠ˜ȱ 
ǻ ‘Ž Ž•’ŠǼ ǻœ›žŸ’ŠǼ

¡Š•Š˜ȱŒŠ•Œ’Œ˜’‘’›ŠŠ˜ ’œ’—Š Š—’—Š

ǻ ‘ŽŽ•’ŠǼ ŘǰŞȱ’‘’›˜¡’ŠŽ—’—Š
˜œŠ˜ȱŒ¤•Œ’Œ˜ȱǻ‹›žœ‘’Šǰȱ ¤•Œž•˜œȱ™˜›ȱ–Ž’ŒŠ–Ž—˜œ
 ’•˜Œ•’ŠǼ ǻ’—’—ŠŸ’›ǰȱœž•Š–’ŠœǼ
Š›‹˜—Š˜
ǯȱž›”ǰȱǯȱ —˜••ǰȱǯȱŽ›’”ǰȱ ǯȱŠ›’ŒŠǰȱǯȱŽ’ĵǰȱǯȱ›Šž‹ǰȱǯȱ›Š¡Ž›ǯȱ žÇŠȱŒ•Ç—’ŒŠȱœ˜‹›Žȱ•Šȱž›˜•’’Šœ’œǯȱ
0-*+!)
..*%/%*)a*"a-*'*#4aB@A@

('' ('( hZK>K'1>h>dK

 >/d/^/^hZ/EZ/ >/d/^/^hZ/EZ/


 






GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG









GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG •ȱŠ–ŠÛ˜ȱŽȱž—ȱŒ¤•Œž•˜ȱǻŒŠ›Šȱ•’’¤œ’ŒŠǼȱœŽȱ™žŽŽȱŒŠ•Œž•Š›ȱž’•’£Š—˜ȱŽ•ȱ’¤–Ž›˜ȱ–Š¢˜›ȱ™˜›ȱ›Š’˜›ŠÇŠDzȱ•ŠȱœžȬ
™Ž›ęŒ’ŽȱŽ•ȱŒ¤•Œž•˜ȱǻǼȱ™žŽŽȱŒŠ•Œž•Š›œŽȱ–Ž’Š—Žȱ•Šȱ•˜—’žȱǻǼȱ¢ȱ•ŠȱŠ—Œ‘ž›ŠȱǻŠǼȱ–Ž’Š—Žȱ•Šȱà›–ž•Šȱœ’ž’Ž—ŽDZȱ
 66
  
ȱƽȱǻǼȱ¡ȱǻŠǼȱ¡ȱǻπ) ¡ȱǻŖǰŘśǼȱȱȱȱȱȱȱȱȱǻπ ƽȱřǰŗŚŗśşǼ
˜˜œȱ•˜œȱ™ŠŒ’Ž—Žœ —¤•’œ’œȱŽȱ˜›’—Šȱǻ Ǽ Š›ŠȱŒŠ•Œž•Š›•˜ȱ™˜›ȱȱœŽȱž’•’£ŠDZȱ•˜—’žȱǻǼǰȱŠ—Œ‘ž›ŠȱǻŠǼȱ¢ȱ™›˜ž—’Šȱǻ™Ǽȱ–Ž’Š—Žȱ•Šȱà›–ž•ŠDZ
Ž’–Ž—˜ȱž›’—Š›’˜Ȧ’›Šȱ›ŽŠŒ’ŸŠȱ™Š›Š ȱƽȱǻǼȱ¡ȱǻŠǼȱ¡ȱǻ™Ǽȱ¡ȱǻπǼȱ¡ȱǻŖǰŗŜŝǼ
• 
• ŽžŒ˜Œ’˜œ %.!'%0.aRa
) !-..*)a
Qa/*)!a0- !)a%)a)a1!-#!a2! %.$a+*+0'/%*)a*"a./*)!a"*-(!-.a-!,0%-%)#a/%1!a./*)!a-!(*1'S
$*2a)a/$!a./*)!a.%5!a!a!./%(/! a%)a/$!a'%)%'a-*0/%)!Ua0--*'aB@@Ca -TDVCWSBGE_HAQ
• ŠŒŽ›’ž›’Šȱǻ—’›’˜œǼ
• ›˜Œž•’Ÿ˜ȱŽ—ȱŒŠœ˜ȱŽȱ™˜œ’‹•Žȱ‹ŠŒŽ›’ž›’Š
—¤•’œ’œȱŽȱœŠ—›Ž



GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG
• ›ŽŠ’—’—Šȱœ·›’ŒŠ
•
:ø›’Œ˜

• Š•Œ’˜ȱ’˜—’£Š˜ȱ˜ȱ˜Š•ȱ¢ȱŠ•‹ø–’—Š

’™Ž›ŒŠ•Œ’ž›’ŠȱŽœȱŽ•ȱŽ¡ŒŽœ˜ȱŽ—ȱ•ŠȱŽ•’–’—ŠŒ’à—ȱŽȱŒŠ•Œ’˜ȱ’à—’Œ˜ȱ™˜›ȱ•Šȱ˜›’—Šǯȱ˜›–Š•–Ž—ŽȱœŽȱŽ•’–’—Š—ȱŽ—›ŽȱŗŖŖȱ¢ȱ
ŠŒ’Ž—ŽœȱŒ˜—ȱꎋ›Ž ›˜ŽÇ—Šȱȱ›ŽŠŒ’ŸŠȱǻǼȱ¢ȱ›ŽŒžŽ—˜ȱŽȱŽ›’›˜Œ’˜œ ŘśŖȱ–ȱŽȱŒŠ•Œ’˜ȱŽ—ȱŘŚȱ‘›œǯȱǻ˜›–Š•DZȱŚ–Ȧ”ȦÇŠǼǯȱ—ȱ‘˜–‹›Žœȱ—˜ȱŽ‹ŽȱœŽ›ȱœž™Ž›’˜›ȱŠȱřśŖȱ–ȱ™˜›ȱÇŠȱ¢ȱŽ—ȱ–ž“Ž›Žœȱ
ŠŒ’Ž—ŽœȱŒ˜—ȱŸà–’˜œ ˜’˜ȱŽ—ȱœžŽ›˜Ȧ™•Šœ–Š ŠȱŘśŖȱ–ȱ™˜›ȱÇŠǯ

˜Šœ’˜ȱŽ—ȱœžŽ›˜Ȧ™•Šœ–Š •ȱ ŞŖƖȱ Žȱ •˜œȱ Œ¤•Œž•˜œȱ ž›’—Š›’˜œȱ ’Ž—Žȱ ŒŠ•Œ’˜ȱ Ž—ȱ œžȱ Œ˜–™˜œ’Œ’à—ǯȱ •ȱ ŒŠ•Œ’˜ȱ œŽȱ Ž•’–’—Šȱ ™˜›ȱ •Šȱ ˜›’—Šȱ Ž—ȱ ˜›–Šȱ Žȱ
˜¡Š•Š˜ǰȱ˜œŠ˜ȱ¢ȱž›Š˜ȱŽȱŒŠ•Œ’˜ǯȱ—›ŽȱŽ•ȱřŖȱ¢ȱŽ•ȱŜŖƖȱŽȱ•˜œȱ™ŠŒ’Ž—ŽœȱŒ˜—ȱŒ¤•Œž•˜œȱŽȱ˜¡Š•Š˜ȱŽȱŒŠ•Œ’˜ȱ’Ž—Žȱž—ȱ
—˜›–ŠŒ’à—ȱø’•ȱǻ˜™Œ’˜—Š•Ǽ ™
ȱž›’—Š›’˜ȱŠ™›˜¡’–Š˜ Šž–Ž—˜ȱŽȱ•ŠȱŽ•’–’—ŠŒ’à—ȱŽȱŒŠ•Œ’˜ȱ™˜›ȱ•Šȱ˜›’—ŠȱŠȱ™ŽœŠ›ȱŽȱŽ—Ž›ȱŸŠ•˜›Žœȱ—˜›–Š•ŽœȱŽȱŒŠ•Œ’˜ȱŽ—ȱ•ŠȱœŠ—›ŽǯȱŠȱ‘’Ȭ
™Ž›ŒŠ•Œ’ž›’Šȱ™›˜žŒŽȱ•’˜œȱŽȱ˜¡Š•Š˜ǰȱ˜œŠ˜ȱ¢ȱž›Š˜ȱŽȱŒŠ•Œ’˜ǯ



 Šœȱ‘’™Ž›ŒŠ•Œ’ž›’Šœȱ™žŽŽ—ȱœŽ›ȱ™›’–Š›’Šœȱ˜ȱœŽŒž—Š›’ŠœDZ

GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG
—’ŒŠȱ•ŠȱŠŒ’Ž£ȱ˜ȱ•ŠȱŠ•ŒŠ•’—’ŠȱŽȱ•Šȱ˜›’—ŠǯȱŽ™Ž—ŽȱŽȱ•ŠȱŠ•’–Ž—ŠŒ’à—ȱ¢ȱŸŠ›ÇŠȱž›Š—ŽȱŽ•ȱÇŠǰȱŒ˜—ȱ’ŽŠȱ–’¡Šȱ  
 
 
œžŽ•Žȱ˜œŒ’•Š›ȱŽ—›Žȱśǯśȱ¢ȱŝǯ
0
›’–Š›’Šœ • ‹œ˜›’ŸŠDZȱœŽȱŽ‹ŽȱŠȱž—Šȱ–Š¢˜›ȱŠ‹œ˜›Œ’à—ȱŽȱ
: : : : : Ȭ :::5
 
6 
6  
6

 
6 Ÿ˜ŒŠ—ȱ Ž•ŽŸŠŒ’à—ȱ Ž•ȱ ŒŠ•Œ’˜ȱ Šȱ • ŽŠ‹œ˜›’ŸŠDZȱœŽȱŽ‹ŽȱŠȱž—Šȱ–Š¢˜›ȱŽ¡™˜•’ŠŒ’à—ȱ
V+aMFW V+aNGW •Šȱ ˜›’—Šǯȱ
Š‹’žŠ•–Ž—Žȱ Žœ¤—ȱ Ž•ȱŒŠ•Œ’˜ȱŽȱ•˜œȱ‘žŽœ˜œǯ
Œ˜–‹’—ŠŠœǯȱ • Ž—Š•DZ::::::::Ȭ
Šȱ˜›’—ŠȱŽȱ•Šȱ–ŠÛŠ—ŠȱŽœȱ–¤œȱ¤Œ’ŠȱšžŽȱ•ŠȱŽȱ•Šȱ ˜œȱ ŸŽŽŠ›’Š—˜œȱ ’Ž—Ž—ȱ ‘Š‹’žŠ•–Ž—Žȱ
Š›Žȱ¢ȱŽȱ•Šȱ—˜Œ‘ŽǯȱŠȱ’—ŽœŠȱŽȱŒŠ›—Žœȱ’œ–’Ȭ :5 œŽ›ŸŠ›ȱŽ•ȱŒŠ•Œ’˜ȱŒ’›Œž•Š—Žǯ
—ž¢ŽȱŽ•ȱ™
ȱŽȱ•Šȱ˜›’—Šȱ™˜›ȱŽ•’–’—ŠŒ’à—ȱŽȱ¤Œ’˜ȱ Šȱ ˜›’—Šȱ ™Ž›œ’œŽ—Ž–Ž—Žȱ Š•ŒŠ•’—Šǰȱ ǻ™
ȱ ‹ǼȱŽŒž—Š›’Šœ •
’™Ž›™Š›Š’›˜’’œ–˜ȱ™›’–Š›’˜ǯ
˜œà›’Œ˜ȱ¢ȱœž•ø›’Œ˜ǯ ǁŝǼȱŠŸ˜›ŽŒŽȱ•Šȱ˜›–ŠŒ’à—ȱŽȱŒ¤•Œž•˜œȱŽȱ Šœȱ šžŽȱ ŠŒ˜–™ŠÛŠ—ȱ Šȱ •Šœȱ Ž—Ȭ •
’™Ž›’›˜’’œ–˜ǯ
—ȱ˜›’—Šȱ¤Œ’Šȱǻ™
ȱǀŜǼǰȱ•˜œȱ˜œŠ˜œȱœ˜—ȱ›Ž•Š’Ȭ ::5
ŸŠ–Ž—Žȱœ˜•ž‹•Žœǰȱ–’Ž—›ŠœȱšžŽȱŽ•ȱ¤Œ’˜ȱø›’Œ˜ȱ¢ȱ Šȱ ŒŠžœŠȱ –¤œȱ ›ŽŒžŽ—Žȱ Žȱ Š•ŒŠ•˜œ’œȱ ž›’Ȭ
Ž›–ŽŠŽœȱšžŽȱ™›˜Ÿ˜ŒŠ—ȱŽœŠœȱ • Œ’˜œ’œȱž‹ž•Š›ȱ›Ž—Š•ǯ
‘’™Ž›ŒŠ•Œ’ž›’Šœǯ
•ŠȱŒ’œ’—ŠȱœŽȱ’œžŽ•ŸŽ—ȱŒ˜—ȱ’ęŒž•Šȱ¢ȱ™žŽŽ—ȱ —Š›’Šǰȱ Žœȱ •Šȱ ™’Ž•˜—Ž›’’œȱ ’—ŽŒŒ’˜œŠȱ ™˜›ȱ • Š›Œ˜’’˜œ’œȱ¢ȱŽ—Ž›–ŽŠŽœȱ›Š—ž•˜–Š˜œŠœǯ
˜›–Š›ȱŒ¤Œž•˜œǯȱ ·›–Ž—Žœȱ ž›ŽŠœŠȬ™˜œ’’Ÿ˜œȱ ǻŽ—Ž›˜Œ˜Œ˜œȱ • —–˜Ÿ’•’£ŠŒ’à—ȱ™›˜•˜—ŠŠǯ
’ŸŽ•ŽœȱŒ˜—œŠ—Ž–Ž—Žȱ‹Š“˜œȱŽ•ȱ™
ȱǀśǯśǰȱœ˜—ȱ ¢ȱ›˜ŽžœǼǯ • —Ž›–ŽŠȱŽȱŠŽǯ
ž—ȱ‘Š••Š£˜ȱŒ˜—œŠ—ŽȱŽ—ȱŽ•ȱŽœŠ››˜••˜ȱ’’˜™¤’Ȭ ˜›ȱ •Šȱ ’—ŽŒŒ’à—ǰȱ Žœ˜œȱ ·›–Ž—Žœȱ ŽœȬ • ::5
Œ˜ȱŽȱ•Šȱ•’’Šœ’œȱŽȱ¤Œ’˜ȱø›’Œ˜ǰȱŠž—šžŽȱ•Šȱž›’ŒŽȬ ˜‹•Š—ȱ •Šȱ ž›ŽŠȱ Žȱ •Šȱ ˜›’—Šȱ Ž—ȱ Š—‘’›’˜ȱ
–’Šȱ¢ȱž›’Œ˜œž›’Šȱ—˜ȱœŽŠ—ȱŽ•ŽŸŠŠœǯ • ¡ŒŽœ˜ȱŽȱŸ’Š–’—Šȱǯ
ŒŠ›‹à—’Œ˜ȱ ¢ȱ Š–˜—ÇŠŒ˜ȱ ¤—˜•Žȱ ž—ȱ ˜•˜›ȱ
œŠȱŽ—’ŠȱœŽȱ••Š–Šȱ›’’Ž£ȱ¤Œ’ŠȱŽȱ•Šȱ˜›’—Šȱ¢ȱ "5 • ’Ž•˜–Šȱ–ø•’™•Žǯ
œŽȱŽ‹ŽȱŠȱž—Šȱ’—œžęŒ’Ž—Žȱ˜›–ŠŒ’à—ȱŽȱŠ–˜—’˜ȱ Šȱ ˜›’—Šȱ ™Ž›œ’œŽ—Ž–Ž—Žȱ Š•ŒŠ•’—Šȱ ™Ž›˜ȱ • ::$::5
™˜›ȱ Ž•ȱ ›’Ûà—ȱ ǻ·ęŒ’ȱ Žȱ •žŠ–’—ŠœŠȱ ž‹ž•Š›Ǽǯȱ œ’—ȱ ’—ŽŒŒ’à—ǰȱ Žœȱ œ˜œ™ŽŒ‘˜œŠȱ Žȱ ž—Šȱ Ž—Ȭ
•ž—˜œȱ™ŠŒ’Ž—Žœȱ¢ȱ—˜ȱ˜˜œȱŒ˜—ȱ•’’Šœ’œȱø›’ŒŠǰȱ Ž›–ŽŠȱ ›Ž—Š•ȱ ••Š–ŠŠȱ ŠŒ’˜œ’œȱ ø‹ž•˜ȱ
Ž•’–’—Š—ȱ–Ž—˜œȱŠ–˜—’˜ȱ™˜›ȱ•Šȱ˜›’—Šǯ —ȱŽ—Ž›Š•ȱ˜Šœȱ•Šœȱ‘’™Ž›ŒŠ•Œ’ž›’ŠœȱŽŸ˜•žŒ’˜—Š—ȱŒ˜—ȱ—˜›–˜ŒŠ•ŒŽ–’Šǯȱ˜›ȱ•˜ȱšžŽȱ•Šȱ–Ž’Œ’à—ȱŽ•ȱŒŠ•Œ’˜ȱœ·›’Œ˜ȱ—˜ȱ
5 Žœȱž—ȱ™Š›¤–Ž›˜ȱŒ˜—œŠ—Žȱ™Š›ŠȱŠœŽž›Š›ȱ•Šȱ‘’™Ž›ŒŠ•Œ’ž›’Šǯȱ˜•Š–Ž—Žȱ•Šȱ‘’™Ž›ŒŠ•Œ’ž›’ŠȱŽ•ȱ‘’™Ž›™Š›Š’›˜’’œ–˜ȱ
™žŽŽȱŽŸ˜•žŒ’˜—Š›ȱŒ˜—ȱ‘’™Ž›ŒŠ•ŒŽ–’Šǯ

(') ('* hZK>K'1>h>dK

 >/d/^/^hZ/EZ/ >/d/^/^hZ/EZ/




 







GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG
• Šȱ ‘’™Ž›ŒŠ•Œ’ž›’Šȱ Ž•ȱ ‘’™Ž›™Š›Š’›˜’’œ–˜ȱ œŽȱ Ž‹Žȱ Šȱ •Šȱ ŠŒŒ’à—ȱ Žȱ •Šȱ ‘˜›–˜—Šȱ ™Š›Š’›˜’ŽŠȱ šžŽȱ ŠŒ’•’Šȱ •Šȱ X  
 

›ŽŠ‹œ˜›Œ’à—ȱŽ•ȱŒŠ•Œ’˜ȱ꓊˜ȱŽ—ȱ•˜œȱ‘žŽœ˜œȱǻ¢ȱŠ–‹’·—ȱŠŒ’•’Šȱ•ŠȱŠ‹œ˜›Œ’à—ȱŽȱŒŠ•Œ’˜ȱŽ—ȱŽ•ȱ’—Žœ’—˜ȱ¢ȱ’ęŒž•Šȱ
•Šȱ›ŽŠ‹œ˜›Œ’à—ȱŽȱŒŠ•Œ’˜ȱ™˜›ȱŽ•ȱ›’Ûà—Ǽǯ  
6
 
 
 


 V$%+!-+-/%-*% %.(*W
• •ȱŠž–Ž—˜ȱŽȱ•Šȱ‘˜›–˜—Šȱ™Š›Š’›˜’ŽŠȱ™žŽŽȱœŽ›ȱŽ‹’˜ȱŠDZȱŠŽ—˜–Šœȱ–ø•’™•Žœǰȱ‘’™Ž›™•Šœ’Šȱ™›’–Š›’Šǰȱ¢ȱ
ŒŠ›Œ’—˜–Šȱž—Œ’˜—Š—ŽȱŽȱ•Šȱ•¤—ž•Šȱ™Š›Š’›˜’ŽŠǯȱ
• ŠȱŽŽ›–’—ŠŒ’à—ȱŽȱ•Šȱ‘˜›–˜—Šȱ™Š›Š’›˜’ŽŠȱŽ—ȱœŠ—›Žȱœà•˜ȱŽœȱ™˜œ’’ŸŠȱŽ—ȱŽ•ȱřŖƖȱŽȱ•˜œȱŒŠœ˜œǯ ’™˜ȱ ’™˜ȱ ’™˜ȱ
• Šȱ‘˜›–˜—Šȱ™Š›Š’›˜’ŽŠȱŠŒ’•’Šȱ•Šȱ˜›–ŠŒ’à—ȱŽȱŠŽ—˜œ’—–˜—˜˜œŠ˜ȱǻȱŒÇŒ•’Œ˜ǼȱšžŽȱ’—Ž›Ÿ’Ž—ŽȱŽ—ȱŽ•ȱ
–ŽŠ‹˜•’œ–˜ȱŽ•ȱŒŠ•Œ’˜ǯ Ž•ŠŒ’à—ȱŒ›ŽŠ’—’—ŠȦŠǯȱ ǁŖǯŗŗ ǀŖǯŗŗ ǀŖǯŗŗ ǀŖǯŗŗ ǁŖǯŗŗ
—ȱŠ¢ž—˜
• ŠȱŽ•ŽŸŠŒ’à—ȱŽ•ȱŒŠ•Œ’˜ȱ’˜—’£Š˜ȱ¢ȱŽ•ȱȱŽ—ȱ•Šȱ˜›’—ŠȱŽœȱž—ȱŒ›’Ž›’˜ȱŽȱœŽž›’Šȱ™Š›ŠȱŽ•ȱ’Š—àœ’Œ˜ȱŽȱ
‘’™Ž›ŒŠ•Œ’ž›’ŠȱŽȱŒŠžœŠȱ™Š›Š’›˜’ŽŠǯ Ž•ŠŒ’à—ȱŒ›ŽŠ’—’—ŠȦŠǯȱ ǁŖǯŘŘ ǁŖǯŘŘ ǁŖǯŘŘ ǁŖǯŘŘ ǁŖǯŘŘ
• •ȱ’Š—àœ’Œ˜ȱ›Žšž’Ž›Žȱ•ŠȱŽ–˜œ›ŠŒ’à—ȱŽȱšžŽȱ•Šȱ‘’™Ž›ŒŠ•Œ’ž›’Šȱ—˜ȱ’Ž—Žȱ˜›˜ȱ˜›’Ž—ǯ ˜—ȱ™›žŽ‹ŠȱŽȱŒŠ›Šȱ
ŽȱŠǯ
Š•Œ’˜ȱœ·›’Œ˜ ˜›–Š• ˜›–Š• ˜›–Š• ˜›–Š• ž–Ž—Š˜

ǯȱŠ›Š’›˜’ŽŠ Š›’—Š• ˜›–Š• ˜›–Š• ˜›–Š• ž–Ž—Š˜



GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG Š•Œ’˜ȱž›’—Š›’˜ȱŽ—ȱ•Šȱ ’—ȱŒŠ–‹’˜œ ˜›–Š• ’—ȱŒŠ–‹’˜œ

• ŽȱŽ‹ŽȱŠȱž—ȱŽŽŒ˜ȱŽ—ȱ•Šȱž—Œ’à—ȱŽȱ•˜œȱø‹ž•˜œȱ›Ž—Š•Žœȱ’œŠ•ŽœȱŽ•ȱ›’Ûà—ȱšžŽȱ—˜ȱ
™›˜žŒŽ—ȱ’˜—Žœȱ‘’›˜Ž—’˜—Žœȱ™Š›ŠȱŠŒ’’ęŒŠ›ȱ•Šȱ˜›’—Šǯȱ $:! ˜›–Š• ˜›–Š• ’œ–’—ž’Š
• œŽȱ›Šœ˜›—˜ȱ‘ŠŒŽȱšžŽȱ•Šȱ˜›’—ŠȱœŽŠȱ™Ž›–Š—Ž—Ž–Ž—ŽȱŠ•ŒŠ•’—Šǰȱ¢ȱ—˜ȱœŽȱ™›˜ž£ŒŠȱ•Šȱ  ’Š£’Šœ ’Š£’Šœ ’ŽŠȱ‹Š“Šȱ ›˜Ȭ Ž’›Š›ȱ™Š›Š’›˜’Žœ
›ŽŠ‹œ˜›Œ’à—ȱŽ•ȱŒŠ•Œ’˜ȱ¢ȱ˜œŠ˜œȱšžŽȱ™ŠœŠ—ȱ™˜›ȱ•˜œȱø‹ž•˜œȱ›Ž—Š•ŽœȱŽ•’–’—¤—˜•˜œȱ Ž—ȱŠǯ 
::::5
• œŽȱ–Š¢˜›ȱ™Šœ˜ȱŽȱŒŠ•Œ’˜ȱŠȱ•Šȱ˜›’—Šȱ‘ŠŒŽȱ’œ–’—ž’›ȱŽ•ȱŒŠ•Œ’˜ȱŽȱ•ŠȱœŠ—›Žȱ•˜ȱšžŽȱ
Žœ’–ž•Šȱ•ŠȱœŽŒ›ŽŒ’à—ȱŽȱ‘˜›–˜—Šȱ™Š›Š’›˜’ŽŠǯ 



! 



GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG
• œ˜ȱ Ž—Ž›Šȱ Ž•ȱ Šž–Ž—˜ȱ Žȱ •Šȱ ™›˜žŒŒ’à—ȱ Ž—àŽ—Šȱ Žȱ Ÿ’Š–’—Šȱ ǰȱ šžŽȱ Šȱ œžȱ ŸŽ£ȱȱ
Šž–Ž—Šȱ•Šȱ›ŽŠ‹œ˜›Œ’à—ȱŽ•ȱŒŠ•Œ’˜ȱ™˜›ȱŽ•ȱ’—Žœ’—˜ȱǻŠŒ’˜œ’œȱ’™˜ȱǼǯ  
 
66  6
 
• œ˜œȱ›’Û˜—Žœȱ™›˜žŒŽ—ȱ˜›’—ŠœȱŠ•ŒŠ•’—Šœȱ¢ȱŽȱ‹Š“ŠȱŽ—œ’Šȱǻ™˜›ȱŠ•ŠȱŽȱŽ•’–’—ŠŒ’à—ȱ 6
6
 
ŽžŒŽ—ȱ•ŠȱŽ¡Œ›ŽŒ’à—ȱŽȱŒŠ•Œ’˜
Žȱ ‘’›˜Ž—’˜—Žœȱ ¢ȱ –Š¢˜›ȱ Ž•’–’—ŠŒ’à—ȱ Žȱ ’˜—Žœȱ Žȱ ‹’ŒŠ›‹˜—Š˜Ǽǯȱ Ž—Ž›Š—˜ȱ ŠœÇǰȱ
ŠŒ’˜œ’œȱ–ŽŠ‹à•’ŒŠǯ ˜ȱ’Ž—ŽȱŽŽŒ˜ȱ’›ŽŒ˜ȱœ˜‹›Žȱ•ŠȱŠ‹œ˜›Œ’à—ȱŠœ›˜’—Žœ’—Š•ȱŽȱŒŠ•Œ’˜
• Œž››Žȱ’œ–’—žŒ’à—ȱŽ—ȱ•ŠȱŽ•’–’—ŠŒ’à—ȱŽȱŒ’›Š˜œǰȱ™›˜Ÿ˜ŒŠȱ‘’™˜”Š•Ž–’Šǰȱ¢ȱŠŸ˜›ŽŒŽȱ Ž’Ž—ŽȱŽ•ȱŒŠ•Œ’˜ȱŠ•–ŠŒŽ—Š˜ȱŽ—ȱ•˜œȱ‘žŽœ˜œ
Šȱ•Šȱ™›ŽŒ’™’ŠŒ’à—ȱŽȱ˜œŠ˜ȱ¢ȱ˜¡Š•Š˜ȱŽȱŒŠ•Œ’˜ȱŽ—ȱŠ–‹˜œȱ›’Û˜—Žœǯ 6
6
 Ž™›ŽœŽ—ŠȱŽ•ȱ›ŠŠ–’Ž—˜ȱ’ŽŠ•ȱ
• ŝŖƖȱŽȱ•˜œȱ™ŠŒ’Ž—ŽœȱŒ˜—ȱŠŒ’˜œ’œȱø‹ž•˜ȱ›Ž—Š•ȱ˜›–ŠȱŒ¤•Œž•˜œǯ ˜››’Žȱ•Šȱꕝ›ŠŒ’à—ȱ›Ž—Š•
• œȱž—ŠȱŒŠžœŠȱ›ŽŒžŽ—ŽȱŽȱ˜›–ŠŒ’à—ȱŽȱŒ¤•Œž•˜œȱŽȱ˜œŠ˜ȱŽȱŒŠ•Œ’˜ǯ 6
6
 
˜ȱŽœȱŠ™›˜™’ŠŠȱ™Š›ŠȱŽ•ȱ›ŠŠ–’Ž—˜ȱŽ•ȱ‘’™Ž›™Š›Š’›˜’’œ–˜ȱ™›’–Š›’˜
—Œ•žœ˜ȱ™žŽŽȱŽ¡ŠŒŽ›‹Š›ȱ•Šȱ‘’™Ž›ŒŠ•ŒŽ–’Šǯ

 













 

 



GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG
ŗǯȱ•ȱ‘Š••Š£˜ȱŽȱž—Šȱ•’’Šœ’œȱ™˜›ȱ˜œŠ˜ȱŽȱŒŠ•Œ’˜ǯ:
ŘǯȱŽŒž››Ž—Œ’ŠȱŽȱ•Šȱ˜›–ŠŒ’à—ȱŽȱŽœ˜œȱŒ¤•Œž•˜œȱž›Š—Žȱž—ȱ™Ž›Ç˜˜ȱŽȱ–¤œȱŽȱ˜œȱŠÛ˜œǯ:

 

 
 

řǯȱ’’Šœ’œȱ›Ž—Š•ȱ‹’•ŠŽ›Š•ǯ: Šǯȱœ·›’Œ˜ ˜›–Š• ˜›–Š• •ŽŸŠ˜
ŚǯȱŽ›˜ŒŠ•Œ’—˜œ’œȱ–Žž•Š›ȱŽ•ȱ›’Ûà—ǯ:
śǯȱ’Ûà—ȱŽ—ȱŽœ™˜—“Šǯ: ž—Œ’à—ȱ™Š›Š’›˜’ŽŠ ž™›’–’˜ œ’–ž•Š˜ȱ œ’–ž•Š˜ȱ
Ŝǯȱ
’™˜Œ’›Šž›’ŠȱŽȱ–Ž—˜œȱŽȱŖǯśȱ–’•’–˜•ŽœȱŽ—ȱŘŚȱ‘˜›Šœǯ: ǻœŽŒž—Š›’Š–Ž—ŽǼ ǻ™›’–Š›’Š–Ž—ŽǼ
ŝǯȱ
’™˜”Š•Ž–’Šȱǻ‹Š“˜ȱŽ—˜›ȱŽȱ™˜Šœ’˜ȱŽ—ȱœŠ—›ŽǼǯ: ›žŽ‹Šȱ›¤™’ŠȱŽȱŠǯ ˜›–Š• •ŽŸŠ˜ •ŽŸŠ˜
Şǯȱ’Ž•˜—Ž›’’œȱŒ›à—’ŒŠǯ: ž›’—Š›’˜
şǯȱ
’™Ž›Š£˜‘Ž–’ŠȱǻŠž–Ž—˜ȱŽȱ•ŠȱŠœŠȱŽȱž›ŽŠȱŽ—ȱœŠ—›ŽǼǯ
‹œ˜›Œ’à—ȱ’—Žœ’—Š•ȱ •ŽŸŠŠȱ •ŽŸŠ˜ȱ •ŽŸŠ˜ȱ
"#6!0 ǻ™›’–Š›’Š–Ž—ŽǼ ǻœŽŒž—Š›’Š–Ž—ŽǼ ǻœŽŒž—Š›’Š–Ž—ŽǼ

('+ (', hZK>K'1>h>dK

 >/d/^/^hZ/EZ/ >/d/^/^hZ/EZ/


 

GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG
    
6  
 6  
6 
 ŽȱŽę—ŽȱŒ˜–˜ȱž—ŠȱŽ•’–’—ŠŒ’à—ȱ–Ž—˜›ȱŽȱŗŗśȱ–ȦŘŚȱ‘œǯȱŽ—ȱ•˜œȱŸŠ›˜—Žœȱ¢ȱŽȱŘŖŖȱ–ȦŘŚ‘œǯȱŽ—ȱ•Šœȱ–ž“Ž›Žœǯ


  5  
5  5 —ȱŗśȱŠ•ȱŜřȱƖȱŽȱ•˜œȱ™ŠŒ’Ž—ŽœȱŒ˜—ȱ‘’™˜Œ’›Šž›’Šȱ’Ž—Ž—ȱ•Šȱ™˜œ’‹’•’ŠȱŽȱ˜›–Š›ȱŒ¤•Œž•˜œȱŽȱ˜¡Š•Š˜ȱ¢ȱ˜œŠ˜ȱŽȱ

  
 5
’Š£’Šœ     1:ȱ‹Š“˜ȱǻ‹Š“˜ȱ™
Ǽ Šȱ‘’™˜Œ’›Šž›’ŠȱŠ’œ•ŠŠȱœŽȱ™›ŽœŽ—ŠȱŽ—ȱŽ•ȱŗŖƖȱŽȱ•˜œȱ™ŠŒ’Ž—Žœȱ•’’¤œ’Œ˜œǰȱŽ—ȱ•˜œȱ›ŽœŠ—ŽœȱŒ˜Ž¡’œŽȱŒ˜—ȱ˜›ŠœȱŠ•ŽȬ
›ŠŒ’˜—Žœȱ–ŽŠ‹à•’ŒŠœǯȱ
ž–˜›Žœȱ–Š•’—˜œ  ȱȦ
Ȧȱ Žœ’˜—Žœȱ˜œŽ˜•Ç’Ȭ
::$
¡ŒŽœ˜ȱ Žȱ Ÿ’Š–’—Šȱ  Ȧȱ
Ȧȱ "86"6
%&
*+31$+75"785+"
 • Œ’˜œ’œȱø‹ž•˜ȱ›Ž—Š•ǯ
Š›Œ˜’˜œ’œ  
Ȧȱ ž–Ž—˜ȱŽȱȱ • Ǘ›˜–ŽœȱŽȱ’Š››ŽŠœȱŒ›à—’ŒŠœǯ
ŗǰŘśǻ
Ǽ()
• œ˜ȱŽȱ’ž›·’Œ˜œȱ’Š£Ç’Œ˜œǯ
˜ŒŒ’’˜’˜–’Œ˜œ’œ  
Ȧ ž–Ž—˜ȱŽȱȱ
ŗǰŘśǻ
Ǽ() • ’ŽŠȱ›’ŒŠȱŽ—ȱ™›˜ŽÇ—ŠœȱŠ—’–Š•Žœǯ
’•’Œ˜œ’œ  
Ȧȱ ž–Ž—˜ȱŽȱȱ • “Ž›Œ’Œ’˜œȱÇœ’Œ˜œȱŒ˜–™Ž’’Ÿ˜œǯ
ŗǰŘśǻ
Ǽ() • —ŽŒŒ’à—ȱž›’—Š›’ŠȱŠŒ’ŸŠǯ
›Š—ž•˜–Šȱ Žȱ ŒŽ•ǯȱ   9  ž–Ž—˜ȱŽȱȱ • Š•ŠȱŠ‹œ˜›Œ’à—ȱ’—Žœ’—Š•ȱŽȱŒ’›Š˜œǯ
•Šœ–¤’ŒŠœ ŗǰŘśǻ
Ǽ()
Ž™›Š  
 ž–Ž—˜ȱŽȱȱ
ŗǰŘśǻ
Ǽ() 

GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG

’™˜’›˜’’œ–˜  
 ž–Ž—˜ȱŽȱȱ
ŗǰŘśǻ
Ǽ() •ȱ’à—ȱ–Š—Žœ’˜ȱǻǼȱ™˜œŽ·ȱž—ȱŽŽŒ˜ȱ›Žž•Š˜›ȱŽȱ•ŠȱŠ‹œ˜›Œ’à—ȱ¢ȱž—ȱŽŽŒ˜ȱŽœŠ‹’•’£Š˜›ȱŽ•ȱ
ž–Ž—˜ȱ ™›’–Š›’˜ȱ  
 ž–Ž—˜ȱŽȱȱ ˜¡Š•Š˜ȱŽ—ȱ•Šȱ˜›’—ŠǰȱŠŒžŠ—˜ȱŒ˜–˜ȱž—ȱ’—‘’‹’˜›ȱŽȱ•ŠȱŒ›’œŠ•’£ŠŒ’à—ȱŽ•ȱ˜¡Š•Š˜ȱŽȱŒŠ•Œ’˜ǯȱ
ŽȱŗǰŘśǻ
Ǽ() ŗǰŘśǻ
Ǽ() Šȱ’œ–’—žŒ’à—ȱŽ•ȱ–Š—Žœ’˜ȱž›’—Š›’˜ȱŠŒ’•’Šȱ•Šȱ™›ŽŒ’™’ŠŒ’à—ȱŽȱ˜¡Š•Š˜œȱŽ—ȱ•Šȱ˜›’—Šǯ
Ž˜Œ›˜–˜Œ’˜–Š ȱȦ 
 •ŽŸŠŒ’à—ȱŽȱȱ —ȱŒ˜—’Œ’˜—Žœȱ—˜›–Š•ŽœȱŽ•ȱŚŖƖȱŽȱ•˜œȱ˜¡Š•Š˜œȱŠ‹œ˜›‹’˜œȱœŽȱŽ•’–’—Š—ȱ™˜›ȱ•Šȱ˜›’—ŠȱŽ—ȱ˜›–Šȱ
ŗǰŘśǻ
Ǽ() Žȱ˜¡Š•Š˜ȱŽȱ–Š—Žœ’˜ȱšžŽȱ—˜ȱœŽȱŒ›’œŠ•’£ŠǯȱŠȱ›Ž•ŠŒ’à—ȱŒŠ•Œ’˜Ȧ–Š—Žœ’˜ȱŽœȱ–¤œȱ’–™˜›Š—Žȱ
šžŽȱ•ŠȱŽŽ›–’—ŠŒ’à—ȱŽȱŒ’›ŠœȱŠ’œ•ŠŠœȱŽȱŽ••˜œǯȱ•ȱŒ˜Œ’Ž—ŽȱŠȦȱ—˜›–Š•ȱŽœȱŽȱŗǯŘȱƸȦȬȱŖǯŚ

’™Ž›’›˜’’œ–˜   ȱȦ  Žȱ’—˜›–àȱ
Šȱà›–ž•ŠȱŒ˜—ȱŸŠ•˜›Žœȱ—˜›–Š•ŽœȱŽœDZȱ
Šž–Ž—˜ȱŽȱŒŠ•Œ’Ȭ
 


 Š•Œ’ž›’ŠƽŗŖŖȱŠȱŘśŖȱ–ȦŘŚȱ‘œȦȱŠ—Žœ’ž›’ŠƽŗśŖȱ–ȦŘŚȱ‘œ
5::
   ȱȦ  ŠœȱŒ’›Šœȱœž™Ž›’˜›ŽœȱŠȱŘȱŠŒ’•’Š—ȱ•Šȱ™›ŽŒ’™’ŠŒ’à—ȱŽȱ˜¡Š•Š˜œǯȱȱ•ŠȱŠ–’—’œ›ŠŒ’à—ȱ˜›Š•ȱŒ˜—ȱ

’™Ž›ŒŠ•ŒŽ–’Šȱ
   –Š—Žœ’˜ȱ™Š›ŽŒŽȱœŽ›ȱž—Šȱ–Ž’Šȱ›Š£˜—Š‹•ŽȱŽ—ȱ•Šȱ™›ŽŸŽ—Œ’à—ǯ
‘’™˜ŒŠ•Œ’ž›’ŒŠȱ
Š–’•’Š›
Ž’ŒŠŒ’à—ȱ  9 9 9 œ’—˜–¤’Œ˜

GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG
:
ŠȱŽ•’–’—ŠŒ’à—ȱ—˜›–Š•ȱŽȱ˜¡Š•Š˜œȱŽ—ȱ•Šȱ˜›’—Šȱ—˜ȱŽ‹Žȱœž™Ž›Š›ȱ•˜œȱŚŖȱ–ǯȱ™˜›ȱÇŠǯȱ
Ž’ŒŠŒ’à—ȱŒ˜—ȱ  

ŠȱŽ•’–’—ŠŒ’à—ȱ—˜›–Š•ȱŽȱŒŠ•Œ’˜ȱ™˜›ȱ•Šȱ˜›’—ŠȱŽœDZȱŽ—ȱ‘˜–‹›ŽœȱǀřśŖȱ–ǯȱ™˜›ȱÇŠȱ¢ȱŽ—ȱ–ž“Ž›ŽœȱǀŘśŖȱ–ǯ
Ž˜ę••’—Š
œ˜Œ’ŠŠȱŠȱ‘’™Ž›ŒŠ•Œ’ž›’Šȱ’Ž—Žȱž—ŠȱŠ•˜ȱǗ’ŒŽȱ•’˜·—’Œ˜ǯȱ•ȱŽ¡ŒŽœ˜ȱŽȱŒŠ•Œ’˜ȱ¢ȱ˜¡Š•Š˜œȱŽ—ȱ•Šȱ˜›’—ŠȱŠŒ’•’Š—ȱ•Šȱ
—ǯȱŽȱŠŽ  
 ˜›–ŠŒ’à—ȱŽȱŒ¤•Œž•˜œȱŽȱ˜¡Š•Š˜ȱŽȱŒŠ•Œ’˜ǰȱŽœŠȱŒ˜–‹’—ŠŒ’à—ȱ˜›—Šȱ•Šȱ˜›’—Šȱž›‹’Šȱ¢ȱœŽȱ•ŽȱŠ›ŽŠȱž—ȱœŽ’–Ž—˜ȱ
—–˜Ÿ’•’£ŠŒ’à—  ȱȦ 9 9 5



ȱȱȱ Ž—Ž›Š•–Ž—Žȱœà•˜ȱȱ‘’™Ž›ŒŠ•Œ’ž›’Š •ȱŞŖƖȱŽȱ˜˜œȱ•˜œȱŒ¤•Œž•˜œȱ›Ž—Š•ŽœȱŽœ¤—ȱ˜›–Š˜œȱ™˜›ȱ˜¡Š•Š˜ȱŽȱŒŠ•Œ’˜ǯ
ŠȱŸÇŠȱŽȱŽ•’–’—ŠŒ’à—ȱ™›’—Œ’™Š•ȱŽ•ȱ¤Œ’˜ȱ˜¡¤•’Œ˜ȱŽœȱ•Šȱž›’—Š›’Šȱ¢ȱŽœŽȱ—˜ȱœŽȱ’œžŽ•ŸŽȱŽ—ȱ•Šȱ˜›’—Šǯ
’œ–’—žŒ’à—ȱ
ŗǰŘśǻ
Ǽ()

*!aRa-&a
aV! .WSa!+$-*'%/$%.%.Sa/$*#!)!.%.a) a-!/(!)/Qa$%#*Ra!-a**&a ! %'a0'%.$!-.Ra
AIHHRa+aHEQaaRa$%#$TaRa'*2TaRa)*-('TaARBEVWBCRaARBE_ %$4 -*341%/(%)aC

Žȱ˜›–ŠȱŽ—Ž›Š•ȱ•Šȱ‘’™Ž›ŒŠ•Œ’ž›’Šȱ’Ž—Žȱ›ŽœȱŒŠžœŠœDZȱŠ‹œ˜›Œ’à—ȱŽ¡ŒŽœ’ŸŠȱ™˜›ȱŽ•ȱž‹˜ȱ’Žœ’Ÿ˜ǰȱ™·›’Šȱž‹ž•Š›ȱ
›Ž—Š•ȱŽȱ‘’™Ž›™Š›Š’›˜’’œ–˜ǯȱŠȱ‘’™Ž›ŒŠ•Œ’ž›’Šȱ’’˜™¤’ŒŠȱŽœ’—Šȱž—ŠȱŽ’˜•˜ÇŠȱ—˜ȱŽŸŠ•žŠŠǰȱŠø—ȱŽœŒ˜—˜Œ’Šǯ
('- ('. hZK>K'1>h>dK
 >/d/^/^hZ/EZ/ >/d/^/^hZ/EZ/

džŝƐƚĞŶĚŽƐƟƉŽƐƉƌŝŶĐŝƉĂůĞƐĚĞŚŝƉĞƌŽdžĂůƵƌŝĂƐ͗ 









GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG



66 


%+!-'%0-%Ra%+!-*3'0-%Ra%+!-0-%*.0-%Ra%+*%/-/0-%
::::!:Ȭ Ž‹’ŠȱŠȱž—Šȱ–Š¢˜›ȱŠ‹œ˜›Œ’à—ȱŽȱ˜¡Š•Š˜œȱŽ—ȱŽ•ȱ’—Ȭ



 
6

 
  
Ž›’£Š˜ȱ™˜›ȱ•Šȱ˜›–ŠŒ’à—ȱŽȱ™›ŽŒ’™’ŠȬ 5
˜œȱ Žȱ ˜¡Š•Š˜ȱ Žȱ ŒŠ•Œ’˜ȱ Ž—ȱ •˜œȱ Ž“’˜œȱ
Žȱ•Šœȱ™Ž›œ˜—Šœȱ“àŸŽ—ŽœȱŒžŠ—˜ȱœŽȱ™›ŽȬ
Œ’™’ŠȱŽ—ȱ•˜œȱ›’Û˜—Žœȱ™›˜Ÿ˜ŒŠȱž—Šȱ˜›–Šȱ
Žœ™ŽŒ’Š•ȱŽȱ•’’Šœ’œȱ›Ž—Š•ȱ••Š–ŠŠȱ—Ž›˜%
ŒŠ•Œ’—˜œ’œ5
•ȱ ˜¡Š•Š˜ȱ Žȱ •Šȱ —Ž›˜ŒŠ•Œ’—˜œ’œǰȱ —˜ȱ œŽȱ
Ž•’–’—Š—ȱ™˜›ȱ•Šȱ˜›’—Šȱ¢ȱ—˜ȱŠ—ȱŒà•’Œ˜œǰȱ
Š¢ȱ ž—Šȱ Ž—Ž—Œ’Šȱ Žȱ —˜ȱ ›Žœ›’—’›ȱ •Šȱ ’—ŽœŠȱ Žȱ
œ’—˜ȱ šžŽȱ œ’–™•Ž–Ž—Žȱ Š•Ž›Š—ȱ •Šȱ ž—Ȭ
Šȱ žŽ—Žȱ ™›’—Œ’™Š•ȱ Žȱ ˜¡Š•Š˜ȱ ™›˜Ÿ’Ž—Žȱ Ž•ȱ Š™˜›Žȱ  
 
›˜žŒŽȱ •’˜œȱ Žȱ ˜¡Š•Š˜ǰȱ ˜œŠ˜ȱ ¢ȱ ž›Š˜ȱ Žȱ ŒŠ•Œ’˜ǯȱ Šȱ
Ž¡àŽ—˜ȱŠȱ›ŠŸ·œȱŽȱ•˜œȱŠ•’–Ž—˜œǰȱŠ•ŽœȱŒ˜–˜DZȱŒ‘˜Œ˜Ȭ ’ŽŠȱ ‹Š“Šȱ Ž—ȱ ™›˜ŽÇ—Šœȱ ¢ȱ œŠ•ȱ ™žŽŽȱ œŽ›ȱ ™›ŽŽ›’‹•Žȱ Šȱ •Šȱ
•ŠŽǰȱŒŠ·ǰȱ“ž˜ȱŽȱžŸŠǰȱŠ•–Ž—›ŠœȱŽŒǯ ǻǁŚ–ȦȦÇŠȱǻŽ—ȱŠžœŽ—Œ’ŠȱŽȱȱ‘’Ȭ ’ŽŠȱ‹Š“ŠȱŽ—ȱŒŠ•Œ’˜ȱŽ—ȱ˜›–Š˜›ŽœȱŽȱ•’˜œȱŒ˜—ȱ‘’™Ž›ŒŠ•Ȭ
™Ž›ŒŠ•ŒŽ–’ŠǼ Œ’ž›’Šȱ™Š›Šȱ™›ŽŸŽ—’›ȱ•Šœȱ›ŽŒž››Ž—Œ’ŠœǯȱŠȱ’—Œ’Ž—Œ’ŠȱŽȱ
žŽŽ—ȱŠ™Š›ŽŒŽ›ȱŠ–‹’·—ȱŽ—DZ •’’Šœ’œȱŽœ¤ȱ’—ŸŽ›œŠ–Ž—Žȱ›Ž•ŠŒ’˜—ŠŠȱŒ˜—ȱ•Šȱ’—ŽœŠȱŽȱ
• ’ŽŠœȱ‘’™˜Œ¤•Œ’ŒŠœǯ ŒŠ•Œ’˜ȱŽ—ȱ•Šȱ’ŽŠȱŽ—ȱ•˜œȱ˜›–Š˜›ŽœȱŽȱ•’˜œȱ™˜›ȱ™›’–Ž›Šȱ
• —ŽœŠȱŽ¡ŠŽ›ŠŠȱŽȱŠŒ’˜ȱŠœŒà›‹’Œ˜ȱǻ’ǯȱǼǯ ŸŽ£ǯȱ
ŒŠ•Œ’˜ȱŽ—ȱ•Šȱ’ŽŠȱŽ—ȱ˜›–Š˜›ŽœȱŽȱ•’˜œȱ›ŽŒž››Ž—Žœǯ
• :$::5
Œ’à—ȱ›Ž—Š•ǰȱ™žŽœȱ•˜œȱŒ›’œŠ•ŽœȱŽȱ˜¡Š•Š˜ȱ  

Šȱ ‘’™Ž›˜¡Š•ž›’Šȱ ™›’–Š›’Šȱ Žœȱ ›Š›Šǯȱ —ȱ Šž•˜œǰȱ •Šȱ ‘’Ȭ
• —ŽœŽœ’ŠȱŒ˜—ȱ–Ž˜¡’Ěž˜›Š—˜ǯ
: : : : : : Ȭ ™Ž›˜¡Š•ž›’Šȱ Žœȱ œŽŒž—Š›’Šȱ Šȱ ’—Œ›Ž–Ž—˜ȱ Šȱ •Šȱ Š‹œ˜›Œ’à—:
›·—šž’–Šȱ ›Ž—Š•ȱ ¢ȱ •˜œȱ ø‹ž•˜œȱ ›Ž—Š•Žœǯ: •
’™ŽŒŠ•Œ’ž›’ŠœŠ‹œ˜›’ŸŠœǯ Žȱ˜¡Š•Š˜ȱŽ—ȱŽ•ȱ›ŠŒ˜ȱŠœ›˜’—Žœ’—Š•DzȱœŽȱ™›ŽœŽ—ŠȱŽ—ȱ
Ÿ˜•žŒ’˜—Šȱ•Ž—Š–Ž—ŽȱŒ˜—ȱ™˜Œ˜œȱœÇ—˜Ȭ ŠȱžŽ—ŽȱŽ—àŽ—ŠȱŽȱ•˜œȱ˜¡Š•Š˜œȱœ˜—DZȱŽ•ȱ¤Œ’˜ȱŠœȬ ǻǁŚŖȱ–ȦǼ ™ŠŒ’Ž—Žœȱ Œ˜—ȱ Ž—Ž›–ŽŠȱ ’—ĚŠ–Š˜›’Šȱ ’—Žœ’—Š•ȱ ¢ȱ Ž—ȱ
–ŠœȱŠȱ•Šȱ’—œžęŒ’Ž—Œ’Šȱ›Ž—Š•ȱŠ—ŽœȱŽȱ•˜œȱ Œà›‹’Œ˜ȱǻŸ’Š–’—ŠȱǼȱ¢ȱŽ•ȱ¤Œ’˜ȱ•’˜¡¤•’Œ˜ǯ œŽž’–’Ž—˜ȱ Žȱ %-0#:a !a 4+..: : : :
ŘŖȱŠÛ˜œȱŽȱŽŠǯ •ȱ ˜¡Š•Š˜ȱ œŽȱ –ŽŠ‹˜•’£Šȱ Ž—ȱ Ž•ȱ ‘ǐŠ˜ȱ ¢ȱ Ž•ȱ ›Žœ˜ȱ œŽȱ ™Š›Šȱ›ŠŠ–’Ž—˜ȱŽȱ˜‹Žœ’Šȱ–à›‹’Šǯȱ•’–Ž—˜œȱŒ˜—ȱ
˜ȱ œŽȱ Œž›Šȱ Œ˜—ȱ Ž•ȱ ›Š—œ™•Š—Žȱ ›Ž—Š•ȱ ¢Šȱ Ž•’–’—Šȱ™˜›ȱ•Šȱ˜›’—Šȱ¢ȱ–ŠŽ›’ŠȱŽŒŠ•ǯ Š•˜ȱŒ˜—Ž—’˜ȱŽȱ˜¡Š•Š˜ȱŒ˜–˜ȱŽœ™’—ŠŒŠœǰȱœ˜¢ŠǰȱŽŒǯȱ—ȱ
šžŽȱŽœŠȱŽ—Ž›–ŽŠȱ–ŽŠ‹à•’ŒŠȱ›ŽŒ’’Ȭ ›˜ŒŽœ˜œȱŠœ›˜Ž—Ž›˜•à’Œ˜œȱŒ˜–˜ȱŠœ›’’œȱŒ›à—’ŒŠǰȱ Ž•ȱ›ŠŒ˜ȱŠœ›˜’—Žœ’—Š•ǰȱŽ•ȱ˜¡Š•Š˜ȱœŽȱŠ‘’Ž›Žȱ—˜›–Š•Ȭ
ŸŠȱŽ—ȱŽ•ȱ›’Ûà—ȱ’—“Ž›Š˜ǯ –Ž—ŽȱŒ˜—ȱŽ•ȱŠǰȱ•’–’Š—˜ȱœžȱŠ‹œ˜›Œ’à—ǯȱ•ȱ¡ǯȱŒ˜—œ’œŽȱ
•Šœȱ Ž—Ž›˜ȱ ¢ȱ Œ˜•˜™Š’Šœȱ ž—Œ’˜—Š•Žœǰȱ ’—Žœ’—˜ȱ Œ˜›˜ǰȱ
Ž—ȱ’ŽŠȱ›Žœ›’—’ŠȱŽ—ȱ˜¡Š•Š˜ǯȱȱ’ȱŽœ˜ȱŠ••Šǰȱ•Šȱœž™•ŽȬ
Ž›’ŸŠŒ’˜—Žœȱž›’—Š›’ŠœȱŠ•ȱ’—Žœ’—˜ǰȱ™žŽŽ—ȱŽ—Ž›ȱž—ȱ
–Ž—ŠŒ’à—ȱŽȱŒŠ•Œ’˜ȱ™žŽŽȱŠ›œŽǰȱ™Š›Šȱ•’Š›ȱŽ•ȱ˜¡Š•Š˜ȱ
–Š¢˜›ȱŠž–Ž—˜ȱŽȱŠ‹œ˜›Œ’à—ȱŽȱ˜¡Š•Š˜œǯ
Ž—ȱŽ•ȱ’—Žœ’—˜ǯȱŒŠœ’˜—Š•–Ž—Žǰȱ•Šȱ™’›’˜¡’—Šȱ™žŽŽȱœŽ›ȱ
Šȱ’—œžęŒ’Ž—Œ’Šȱ‘Ž™¤’ŒŠȱŽœȱž—ȱŠŒ˜›ȱšžŽȱŠž–Ž—Šȱ•Šȱ ŽȱŠ¢žŠǯ
Ž•’–’—ŠŒ’à—ȱŽȱ˜¡Š•Š˜œȱ™˜›ȱ•Šȱ˜›’—Šǯ
  

::::::::(&0:::Ȭ
Œ’Ž—Žœǯȱ—ȱ‘’™Ž›ž›’Œ˜œž›’ŠȱŒ˜—ȱ—Ž›˜•’’Šœ’œȱŽȱŒŠ•Œ’˜ǰȱŽ•ȱ
Šȱ ‘’™Ž›˜¡Š•ž›’Šȱ Š’œ•ŠŠȱ —˜ȱ ˜›–Šȱ Œ¤•Œž•˜œȱ ™Ž›˜ȱ ™žŽŽȱ Š›ȱ œÇ—˜–Šœȱ ’››’Š’Ÿ˜œȱ ¢ȱ ˜•˜›˜œ˜œDZȱ Š›˜›ȱ –’ŒŒ’˜—Š•ǰȱ ŠŒ’˜ȱø›’Œ˜ȱ™žŽŽȱŽœŠ›ȱž—’˜ȱŠȱ’—‘’‹’˜›ŽœȱŽȱŒ¤•Œž•˜œȱ
•ž–‹Š•’ŠǰȱŒà•’Œ˜ȱ›Ž—Š•ȱ¢ȱ‘Ž–Šž›’ŠǯȱŠȱ˜¡Š•ž›’ŠȱœžŽ•ŽȱŽœŠ›ȱŠœ˜Œ’ŠŠȱŠȱ›Šœ˜›—˜œȱ’—Žœ’—Š•ŽœȱšžŽȱŠŒ’•’Š—ȱ•Šȱ›ŽŠ‹Ȭ ǻǁŝśŖȱ–ȦǼ ˜ȱ™›˜–˜ŸŽ›ȱ•Šȱ˜›–ŠŒ’à—ȱŽȱ•’˜œȱŽȱ˜¡Š•Š˜ȱŽȱŒŠ•Œ’˜ȱŽ—ȱ
œ˜›Œ’à—ȱŽȱŒŠ•Œ’˜ȱ¢ȱ•˜ȱ˜›ŽŒŽ—ȱŽ—ȱ–Š¢˜›ȱŒŠ—’ŠȱŠ•ȱ›’Ûà—ǯ ž—ȱ—’˜ȱŽȱŠŒ’˜ȱø›’Œ˜ǯȱ•ȱ›ŠŠ–’Ž—˜ȱŽœȱž—Šȱ’ŽŠȱ‹Š“Šȱ
Šȱ‘’™Ž›˜¡Š•ž›’Šȱœà•˜ȱŠšž’Ž›ŽȱŸŠ•˜›ȱ•’˜·—’Œ˜ȱœ’ȱœŽȱŠœ˜Œ’ŠȱŠȱ‘’™Ž›ŒŠ•Œ’ž›’Šǯ Ž—ȱ™ž›’—Šœȱ¢Ȧ˜ȱŠ•˜™ž›’—˜•ȱřŖŖȱ–Ȧǯ
Šȱ–Ž’ŒŠŒ’à—ȱŒ˜—ȱ–Š—Žœ’˜ȱ™›˜™Ž—ŽȱŠȱ’œ–’—ž’›ȱ•ŠȱŠ‹œ˜›Œ’à—ȱŽȱ˜¡Š•Š˜œǯȱŠȱ™›ŽŽ—Œ’à—ȱŽȱŠŒ’’ęŒŠ›ȱ•Šȱ˜›’—Šȱ   

•ȱŒ’›Š˜ȱŽœȱž—ȱ’–™˜›Š—Žȱ’—‘’‹’˜›ȱŽȱ•Šȱ˜›–ŠŒ’à—ȱŽȱ
Œ˜—ȱ’Š–’—Šȱȱœà•˜ȱŠŒŽ—øŠȱ•ŠȱŠ‹œ˜›Œ’à—ȱŽȱ˜¡Š•Š˜œȱ™˜›ȱŽ•ȱ’—Žœ’—˜ȱ¢ȱ—˜ȱŒ˜—œ’žŽȱŠŒ•Š›Š›•Šœǯ ǻ¡Œ›ŽŒ’à—ȱž›’—Š›’ŠȱŽȱŒ’›Š˜ȱǀȱřŖŖȱ •’˜œȱŽȱ˜¡Š•Š˜ȱŽȱŒŠ•Œ’˜ǯȱ1œŽȱ˜›–ŠȱŒ˜–™•Ž“˜œȱŒ˜—ȱŽ•ȱ
–ȦǼǯ ŒŠ•Œ’˜ȱ™˜›ȱ•˜ȱŠ—˜ǰȱŽœ˜ȱ’œ–’—ž¢Žȱ•ŠȱŒŠ—’ŠȱŽȱŒŠ•Œ’˜ȱ
’à—’Œ˜ȱ ’œ™˜—’‹•Žȱ ™Š›Šȱ •Šȱ ˜›–ŠŒ’à—ȱ Žȱ •’˜œǯ—ȱ œž–Šǰȱ
'ƌĄĮĐĂƐƋƵĞŵƵĞƐƚƌĂŶůĂŝŶĐŝĚĞŶĐŝĂĚĞƐşŶĚƌŽŵĞƐ ǻǀśśŖȱ–ȱŽ—ȱ–ž“Ž›Ǽ ’Ž—Žȱž—ŠȱŠŒ’Ÿ’Šȱ’›ŽŒŠȱ’—‘’‹’˜›’ŠȱŽ—ȱ•ŠȱŽ—žŒ•ŽŠŒ’à—ȱ
ǻǀŚśŖȱŽ—ȱŸŠ›˜—ŽœǼ Žȱ˜¡Š•Š˜ȱŽȱŒŠ•Œ’˜ǯȱ•ȱ›ŠŠ–’Ž—˜ȱœŽȱ•˜›Šȱ–Ž“˜›ȱŒ˜—ȱ
ŵĞƚĂďſůŝĐŽƐĞŶůĂůŝƟĂƐŝƐƵƌŝŶĂƌŝĂ •˜œȱœž™•Ž–Ž—˜œȱŽȱŒ’›Š˜ȱŽȱ™˜Šœ’˜ǰȱŽȱŜŖȱŠȱŗŘŖȱ–šȱ
’Š›’˜œȱŽ—ȱ˜œ’œȱ’Ÿ’’Šœǯ

à™Ž£ȬŽ™ŽŠȱǰȱ ž’·››Ž£Ȭ˜œŠ•Žœȱǰȱ›Šà—ȬŠœ›˜ȱǰȱž™Š’Ž—ȱ–ŽŠ‹˜•’ŒȱŽŸŠ•žŠ’˜—ȱ˜ȱ Ž—¢ȬœŽŸŽ—ȱ™Š’Ž—œȱ ’‘ȱ‘’‘ȱ›ŽŒž››Ž—ŒŽȱ›’œ”ȱž›˜•’‘’Šœ’œȱŠȱ‘Žȱ
!)/-*a 9 %*a   Ra!1%./a !a'a*%!  a !3%)a !a-*'*#%Ra*'QaGAQa=(Qa@FQa*1%!(-!a_a%%!(-!aB@AAQ

('/ ((& hZK>K'1>h>dK

 >/d/^/^hZ/EZ/ >/d/^/^hZ/EZ/




 


  

GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG
   6 ǻƖǼ •ȱ ™›’–Ž›ȱ ™Šœ˜ȱ Ž—ȱ ž—Šȱ ŽŸŠ•žŠŒ’à—ȱ –ŽŠ‹à•’ŒŠȱ Žœȱ Œ˜—˜ŒŽ›ȱ •Šȱ —Šž›Š•Ž£Šȱ Ž•ȱ •’˜ȱ Ž•ȱ

 4
 
 5:

’™Ž›ŒŠ•Œž’›’ŠȱŠ‹œ˜›’ŸŠ (&8*& ŠȱŽŸŠ•žŠŒ’à—ȱŽȱ•˜œȱ•’˜œȱŽȱŠŒ’˜ȱø›’Œ˜ȱ¢ȱŒ’œ’—ŠȱŽœȱ–ž¢ȱ’Ž›Ž—ŽȱŽȱ•˜œȱŽȱŒŠ•Œ’˜ǯ

: ž–Ž—˜ȱŽȱ•ŠȱŠ‹œ˜›Œ’à—ȱŠœ›˜’—Ȭ Šœȱ‹ŠœŽœȱ™Š›Šȱ›ŽŠ•’£Š›ȱž—ŠȱŽŸŠ•žŠŒ’à—ȱ–ŽŠ‹à•’ŒŠȱŽœȱ•Šȱ›ŽŒ˜•ŽŒŒ’à—ȱŽȱ˜›’—ŠȱŽȱŘŚ‘›œ0
::
: ž–Ž—˜ȱŽȱ•ŠȱŠ‹œ˜›Œ’à—ȱŠœ›˜’—Ȭ
:: 



GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG
·›’Šȱȱ›Ž—Š•ȱŽȱ˜œŠ˜ȱ
$:::$:::
ϭ͘ Ž‹žȱŠȱŽŠȱŽ–™›Š—Šȱ˜ȱȱ—’Û˜œȱšžŽȱ˜›–Š—ȱ•’˜œȱŽȱŒŠ•Œ’˜ǯ
ǻ’™˜ȱǼ $
Ϯ͘ ’’Šœ’œȱ‹’•ŠŽ›Š•ȱ˜ȱŽ—ȱ›’Ûà—ȱø—’Œ˜ȱŒ˜—ȱ•’˜œȱŽȱŒŠ•Œ’˜ȱ˜ȱ–Š•˜›–ŠŒ’˜—ŽœȱŽ•ȱœ’œŽ–Šȱž›’—Š›’˜ǯ

’™Ž›ŒŠ•Œ’ž›’Šȱ›Ž—Š•
$: : : $: : +8.
: ϯ͘ ’’Šœ’œȱ›ŽŒ’’ŸŠ—Žȱ˜ȱ˜›–Š˜›ŽœȱŽȱ•’˜œȱŽȱŒŠ•Œ’˜ȱŒ˜—ȱ‘’œ˜›’ŠȱŽȱ˜›–ŠŒ’à—ȱŽȱ•’˜œǯ
ϰ͘ ˜›–Š˜›ŽœȱŽȱ•’˜œȱŽȱŒŠ•Œ’˜ȱŒ˜—ȱ–ø•’™•Žœ: 5

’™Ž›ŒŠ•Œ’ž›’ŠŽŠ‹œ˜›’ŸŠ
’™Ž›™Š›Š’›˜’’œ–˜ȱ™›’–Š›’˜ )8+
ϱ͘ ˜›–Š˜›ŽœȱŽȱ•’˜œȱŽȱŒŠ•Œ’˜ȱŒ˜—ȱ•’˜œȱ’ÇŒ’•ŽœȱŽȱ›ŠŠ›ǯ
Ž›˜•’’Šœ’œȱŽȱŒŠ•Œ’˜ȱŽȱ‘’™ŽȬ ¡ŒŽœ˜ȱŽȱ™ž›’—ŠœȱŽ—ȱ•Šȱ’ŽŠǰȱ™›˜Ȭ '&8*&
 žŒŒ’à—ȱŽ¡ŒŽœ’ŸŠȱŽȱ¤Œ’˜ȱø›’Œ˜ ϲ͘ ’’Šœ’œȱŒ˜›Š•’˜›–Žǯ
ϳ͘ ’’Šœ’œȱŽȱŒ˜–™˜œ’Œ’à—ȱ™˜Œ˜ȱ›ŽŒžŽ—Žǯ
Ž›˜•’’Šœ’œȱŽȱŒŠ•Œ’˜ȱŽȱ‘’™˜Œ’›Šž›’Š '&8+&
ϴ͘ ˜›–Š˜›ŽœȱŽȱ•’˜œȱŽȱŒŠ•Œ’˜ȱŒ˜—ȱ—Ž›˜Š•Œ’—˜œ’œȱ˜ȱŽ—Ž›–ŽŠȱàœŽŠǯ


  
ϵ͘ ˜˜œȱ•˜œȱ˜›–Š˜›ŽœȱŽȱ•’˜œȱŽ&¤Œ’˜ȱø›’Œ˜ȱ¢ȱŒ’œ’—Š5
Ǘ›˜–Žȱ ’Š››Ž’Œ˜ȱ Œ›àȬ ·›’Šȱ Žȱ œžœŠ—Œ’Šœȱ Š•ŒŠ•’—Šœȱ Ž—ȱ
ϭϬ͘˜›–Š˜›ŽœȱŽȱ•’˜œȱŽȱŒŠ•Œ’˜ȱŒ˜—ȱŽ—Ž›–ŽŠŽœȱŠœ›˜’—Žœ’—Š•Žœǯ
: Ž•ȱž‹˜ȱ’Žœ’Ÿ˜

: : :
$:::$:::
 
—žŒ’Šȱ™›˜ȱ’Š£’Šœ
’™˜™˜ŠœŽ–’Š 







GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG
Ž›˜•’’Šœ’œȱŽȱŒŠ•Œ’˜ȱŽȱ‘’™Ž›˜¡Š•ž›’Š (8'+


’™Ž›˜¡Š•ž›’Šȱ™›’–Š›’Š ›˜žŒŒ’à—ȱŽ¡ŒŽœ’ŸŠȱŽȱ˜¡Š•Š˜ ’˜œȱŽȱ¤Œ’˜ȱø›’Œ˜ ŽȱŽ‹ŽȱŽ—Ÿ’Š›ȱ˜›’—ŠȱŽȱŘŚȱ‘›œǯȱ™Š›ŠȱŽŽ›–’—ŠŒ’à—ȱŽȱŒ›ŽŠ’—’—Šȱ¢ȱ¤Œ’˜ȱ
ø›’Œ˜ǯȱȱ’ȱŽ•ȱ¤Œ’˜ȱø›’Œ˜ȱŽ—ȱœžŽ›˜ȱžȱ˜›’—ŠȱŽœ¤ȱŽ•ŽŸŠ˜ǰȱŽ•ȱ™ŠŒ’Ž—Žȱ™žŽŽȱ

’™Ž›˜¡Š•ž›’ŠȱŽȱ•Šȱ’ŽŠ ž–Ž—˜ȱŽȱ˜¡Š•Š˜ȱŽ—ȱŠ•ȱ’ŽŠ œŽ›ȱ›ŠŠ˜ȱŒ˜—ȱŠ•˜™ž›’—˜•ȱřŖŖȱ–ȦȱǻŽŽŒ˜œȱŠŸŽ›œ˜œDZȱ.$ǰȱŠ—˜›–Š•’ŠȬ

’™Ž›˜¡Š•ž›’ŠȱŽ—·›’ŒŠ ž–Ž—˜ȱŽ—ȱ•ŠȱŠ‹œ˜›Œ’à—ȱ’—Žœ’—Š•ȱ ŽœȱŽȱŽ—£’–Šœȱ‘Ž™¤’ŒŠœǼǯȱŠŒ’Ž—ŽœȱŒ˜—ȱ¤Œ’˜ȱø›’Œ˜ȱ—˜›–Š•ȱŽ—ȱœžŽ›˜ȱžȱ
: ˜›’—Šȱœ˜—ȱ–Ž“˜›ȱ–Š—Ž“Š˜œȱŒ˜—ȱŽ›Š™’ŠȱŠ•ŒŠ•’—Šȱœ˜•Šǯ
Ž›˜•’’Šœ’œȱŽȱŒŠ•Œ’˜ȱŽȱ‘’™˜Ȭ ’œ–’—žŒ’à—ȱŽ—ȱ•ŠȱŠ‹œ˜›Œ’à—ȱ’—ŽœȬ +8'& ’˜œȱŽȱŽœ›žŸ’Š Ž‹Ž—ȱœŽž’›œŽȱŒŽ›ŒŠ—Š–Ž—Žȱ™˜›ȱ’—ŽŒŒ’˜—Žœȱ›ŽŒž››Ž—ŽœǯȱŠœȱŠ—˜›–Š•’Ȭ
–Š—Žœž›’Š ’—Š•ȱŽȱ–Š—Žœ’˜ ŠŽœȱŠ—Šà–’ŒŠœȱšžŽȱȱ™›Ž’œ™˜—Ž—ȱŠ•ȱ™ŠŒ’Ž—ŽȱŠȱ’—ŽŒŒ’˜—Žœȱ›ŽŒž››Ž—Žœȱ
Ž‹Ž—ȱœŽ›ȱŒ˜››Ž’ŠœǯȱŠȱŽŸŠ•žŠŒ’à—ȱ–ŽŠ‹à•’ŒŠȱŽ‹Žȱ›ŽŠ•’£Š›œŽǰȱŽœ™ŽŒ’Š•Ȭ
 : ™
ȱž›’—Š›’˜ȱ‹Š“˜ '+8)& –Ž—Žȱœ’ȱž—ȱ•’˜ȱŽȱŒŠ•Œ’˜ȱŒ˜Ž¡’œŽȱŒ˜—ȱž—˜ȱŽȱŽœ›žŸ’Šǯ
’œ’—ž›’ŠȱǻǁŘśŖȱ–ȦǼ
: : : $: : ǀŗ ’˜œȱŽȱŒ’œ’—Šȱ —Œ•ž¢Žȱž—Šȱ–žŽœ›ŠȱŽȱ˜›’—ŠȱŽȱŘŚȱ‘›œǯȱ™Š›Šȱž—ŠȱŽŽ›–’—ŠŒ’à—ȱŒžŠ—’Ȭ
: Š’ŸŠȱŽȱŒ’œ’—Šǯȱ
¤•Œž•˜œȱ’—ŽŒŒ’˜œ˜œ $: : ": : '8+ ˜œȱ•’˜œȱŽȱŒ’œ’—ŠȱœŽȱ™›ŽŸ’Ž—Ž—ȱ–Ž“˜›ȱŒ˜—ȱ•Šȱ›ŽžŒŒ’à—ȱŽȱŒ˜—ŒŽ—›ŠŒ’à—ȱ
: Žȱ·œŠȱŽ—ȱ˜›’—Šǰȱ‘’›ŠŠŒ’à—ǰȱ’—Œ›Ž–Ž—˜ȱŽȱ•Šȱœ˜•ž‹’•’ŠȱŽȱŒ’œ’—Šȱ™˜›ȱ
˜•ž–Ž—ȱž›’—Š›’˜ȱ‹Š“˜ ˜—œž–˜ȱ’—œžęŒ’Ž—ŽȱŽȱ•Çšž’˜œ '&8+& Š•ŒŠ•’—’£ŠŒ’à—ǰȱ¢ȱ’œ–’—žŒ’à—ȱŽȱŽ¡Œ›ŽŒ’à—ȱž›’—Š›’ŠȱŽȱŒ’œ’—Šȱ™˜›ȱ›˜Šœǯȱ
Šȱ ŽŸŠ•žŠŒ’à—ȱ –ŽŠ‹à•’ŒŠȱ Š¢žŠȱ Šȱ ˜œ’ęŒŠ›ȱ –Ž“˜›ȱ Š•ȱ ™ŠŒ’Ž—Žȱ ¢ȱ •˜›Š›ȱ
›Šœǰȱ˜ȱœ’—ȱŠ—˜–Š•ÇŠœ ’—ȱŠ—˜–Š•ÇŠœ ǀř Œ˜—ŒŽ—›ŠŒ’˜—Žœȱž›’—Š›’ŠœȱŽȱŒ’œ’—Šȱ–Ž—˜›ŽœȱŠȱřŖŖȱ–Ȧǯ
!-'!a Ra&aSa!)'a'0'%Sa
a+-/%'a++-*$a/*a(! %'a!1'0/%*)a) a()#!(!)/Qa )a
) -!0%aRa%)!aaV! .WS
)/!-)/%*)'a!-**&a*"a!+$-*'*#4Q!2a*-&Ra3"*- a)%1!-.%/4a-!..RaAIIFRa++aFI_H@Ra'!aG_BRa+aG@Q

˜œȱŒ’›Š˜œȱœ˜—ȱŽ•ȱ¡ȱŽȱ™›’–Ž›Šȱ•Ç—ŽŠȱŽȱ•ŠȱŠŒ’˜œ’œȱž‹ž•Š›ȱ›Ž—Š•ǰȱ•Šȱ‘’™˜Œ’›Šž›’Šȱ’—žŒ’Šȱ
™˜›ȱ’Š£’Šœȱ¢ȱ•Šȱ‘’™˜Œ’›Šž›’Šȱ’’˜™¤’ŒŠǯ

((' ((( hZK>K'1>h>dK

 >/d/^/^hZ/EZ/ >/d/^/^hZ/EZ/







 





GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG
ŸŠ•žŠŒ’à—ȱ ŗǯȱŸŠ•žŠŒ’à—ȱŽȱŒŠ•Œ’˜ȱŽ—ȱœžŽ›˜ǰȱœ˜’˜ǰȱ™˜Šœ’˜ǰȱ—’›àŽ—˜ȱž›Ž’Œ˜ǰȱ  

06  
 
6   

ŽŠ‹à•’ŒŠȱœ’–™•Ž Œ›ŽŠ’—’—Šǰȱ’à¡’˜ȱŽȱŒŠ›‹˜—˜ǰȱŒ•˜›˜ǰȱŠŒǯȱø›’Œ˜5 ǻǼ
ŘǯȱŸŠ•žŠŒ’à—ȱŽȱŘȱ–žŽœ›ŠœȱŽȱ˜›’—ŠȱŽȱŘŚȱ‘›œǯȱŠ•ȱŠ£Š›ȱ™Š›ŠȱŸ˜•žȬ  .&0 ŗŖȬŗśƖ śȬŗŖƖ '0
–Ž—ǰȱŒ›ŽŠ’—’—ŠǰȱŒŠ•Œ’˜ǰȱ˜¡Š•Š˜ǰȱŠŒǯȱ'" ǰȱŒ’›Š˜ǰȱœ˜’˜ǯ
Ž¡˜ Š›à— Š›à— ž“Ž› ’—ȱ’Ž›Ž—Œ’Š
ŸŠ•žŠŒ’à—ȱ ŗǯȱŸŠ•žŠŒ’à—ȱŽȱŘȱ–žŽœ›ŠœȱŽȱ˜›’—ŠȱŽȱŘŚȱ‘›œǯȱŠ•ȱŠ£Š›ȱ™Š›ŠȱŸ˜•žȬ
–Ž—ǰȱŒ›ŽŠ’—’—ŠǰȱŒŠ•Œ’˜ǰȱ˜¡Š•Š˜ǰȱ¤Œ’˜ȱø›’Œ˜ǰȱŒ’›Š˜ǰȱœ˜’˜ǰȱ™˜ŠȬ "
’™Ž›ŒŠ•Œ’ž›’ŠDZȱ
’™Ž›ž›’Œ˜œž›’ŠDZȱ ŠŒŽ›’Šœȱž›ŽŠœŠȱ ’œ’—ž›’Šȱ
ŽŠ‹à•’ŒŠȱŒ˜–™•ŽŠ ȱǻŗ›ŠǯǼ ǻƸǼDZ ǻǁŘśŖ–ȦǼ
œ’˜ǰȱǰȱȱ˜œŠ˜ǰȱ–Š—Žœ’˜ǯȱ ‹œ˜›Œ’à—ȱŽ¡ŒŽœ’ŸŠȱŽ—ȱŽ•ȱ
Řǯȱ—ŠȱœŽ–Š—Šȱ‹Š“ŠȱŽ—ȱŠǰȱ˜¡Š•Š˜ǰȱœ˜’˜ǰȱ™ž›’—ŠœǰȱœŽž’ŠȱŽȱž—Šȱ  ¡ŒŽœ’ŸŠȱ’—ŽœŠȱŽȱ ›˜Žžœ '0:
:
–žŽœ›ŠȱŽȱ˜›’—ŠȱŽȱŘŚȱ‘›œǯȱŽ—ȱ•Šȱ’ŽŠȱ›Žœ›’Œ’ŸŠǯȱŸŠ•žŠŒ’à—ȱŽȱ ž–Ž—˜ȱ™Ž›’Šœȱ›Ž—Š•Žœǯ 6:: œŽž˜–˜—Š ŜƖȱ’Û˜œ
ŒŠ•Œ’˜ȱŽ—ȱœžŽ›˜ǰȱœ˜’˜ǰȱ™˜Šœ’˜ǰȱǰȱŒ›ŽŠ’—’—Šǰȱ’à¡’˜ȱŽȱŒŠ›Ȭ
’™Ž›™Š›Š’›˜’’œ–˜ǯ $:6: 
‹˜—˜ǰȱŒ•˜›˜ǯ ’—ǯȱ–’Ž•˜™›˜•’Ž›ŠȬ

’™˜Œ’›Šž›’Š ’Ÿ˜œǰȱǯȱ Ž››Š’Š
›žŽ‹ŠȱŽȱŒŠ›ŠȱŽȱŒŠ•Œ’˜ ŗǯȱŽœ™ž·œȱŽȱŘȱ‘›œȱŽȱŠ¢ž—˜ǰȱŽȱŜȱȱŠȱŞȱǰȱœŽȱ–’Žȱ•Šȱ›Ž•ŠŒ’à—ȱ
ŽŒž—Š›’ŠœDZȱ ¤›–ŠŒ˜œȱø›’Œ˜œžȬ 
ŽȱŒŠ•Œ’˜ȦŒ›ŽŠ’—’—Šȱž›’—Š›’Šǯȱ

’™Ž›™Š›Š’›˜’’œ–˜ 5
Řǯȱ ȱ •Šœȱ Şȱ ǰȱ Š–’—’œ›Š›ȱ ŗȱ ›ȱ Žȱ Šȱ ŸÇŠȱ ˜›Š•ȱ ǻŚśȱ –!*'_
%0('0*)/!Ǽǯ Œ’˜œ’œȱœ’œ·–’ŒŠDZȱŒ’˜œ’œȱ ™
ȱž›’—Š›’˜ȱǀśDZȱ
:: :$
řǯȱŽȱ•ŠœȱŞȱȱŠȱ•ŠœȱŗŖȱǰȱ›ŽŒ˜•ŽŒŠ›ȱ˜›’—Šȱ¢ȱ–Ž’›ȱ•Šȱ›Ž•ŠŒ’à—ȱ
ŽȱŠȦŒ›ŽŠ’—’—Šǯȱ Š›Œ˜’˜œ’œ
’™Ž›ž›’ŒŽ–’Šȱ؛’Šǯȱ
ŚǯȱŽȱ•ŠœȱŗŖȱȱŠȱ•ŠȱŠ›Žǰȱ›ŽŒ˜•ŽŒŠ›ȱ•Šȱ˜›’—Šȱ¢ȱ–Ž’›ȱ•Šȱ›Ž•ŠŒ’à—ȱ
’™Ž›˜¡Š•ž›’Šȱ™›’–Š›’Šȱ¢ȱ
ŠȦŒ›ŽŠ’—’—Šǯ 
¤›–ŠŒ˜œȱ™›˜žŒ˜›ŽœȱŽȱ
‘’™˜Œ’›ž›’ŠDZȱŒŽŠ£˜•Š–’Ȭ
Šǰȱ’Š£’Šœǯ




 ™
•ŒŠ•’—˜ȱǻǁŝǯŘǼ Œ’˜ȱǻǀȱśȬŜǼǯȱ›žŒ’Š•ȱ


GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG : : :
Ž•ȱŒǯȱø›’Œ˜
   66  ȱȱǻƖǼ
¡ Š’˜ȱ˜™ŠŒ˜œȱǻœŽȱŸŽ—ȱŽ—ȱ¡Ǽ Š’˜›Š—œ™Š›Ž—Žœ Š’˜ȱ˜™ŠŒ˜œ Š’˜•øŒ’˜œȱǻ™Š›Ȭ
’˜œȱŽȱŒ˜–™˜—Ž—ŽȱŒ¤•Œ’Œ˜ Œ’Š•–Ž—Žȱ›Š’˜™ŠȬ
:: ,& Œ˜œǼ

’›˜¡’Š™Š’Š (& ˜›Š•’˜›–Žœ Š›˜ Š›˜ ž¢ȱ›ŽŒžŽ—Ž 
˜œŠ˜ȱŽȱŒŠ•Œ’˜ȱǻ›žœ‘’ŠǼ ( ˜–™˜œ’Œ’à— ¡Š•Š˜ȱŽȱŠǯ
5:  ˜œŠ˜Ȭ–˜—’˜Ȭ ’œ’—ŠȱǻŠ–’—˜¤Ȭ
˜œŠ˜ȱŽȱŠǯ Š—·œ’Œ˜ Œ’˜Ǽ
’Ž›ŠœȱŽȱŒ˜–™˜—Ž—Žȱ—˜ȱŒ¤•Œ’Œ˜
Œ’˜ȱø›’Œ˜ - ˜›˜•˜•˜" 6:
: : Ȭ •˜–Ž›Š˜ȱŽȱ ˜›–Šœȱ™›’œ–¤Ȭ ›’œŠ•Žœȱ‘Ž¡Š˜Ȭ
˜œȱŽ—ȱŽ–™Š•’£ŠŠȱ˜ȱ‹’™’›ŠȬ :Ȭ ’ŒŠœȱ™˜•’–˜›Šœǯȱ —Š•ŽœȱŽ—ȱ™›’œ–Šœȱ˜ȱ
œ›žŸ’Šȱǻ’—ŽŒŒ’˜œ˜œǼ - –’Š•Žœ £Š˜œǰȱ›˜“˜ȱ•Š›’••˜ ›’œŠ•ŽœȱŽ—ȱŠŠø •¤–’—Šœȱǻ™Š˜—˜Ȭ
’œ’—Š '8) –à—’Œ˜Ǽ
›’Š–Ž›Ž—˜ ǀŗ  ’›Š˜œ •ŒŠ•’—’£Š›ȱ•Šȱ˜›’—Š Œǯȱ›˜™’’à—’Œ˜ȱ¢ȱ •ŒŠ•’—’£Š›ȱ•Šȱ

’™Ž›ŒŠ•Œ’ž›’ŠDZȱ’Š£’Šœ •˜™ž›’—˜•ȱǻ‘’™Ž›žȬ ŒŽ˜‘’›˜¡Š–’Œ˜ȱ 5
 ǀŗ ǻ—‘ȱ›ŽŠœŠǼ

’™Ž›˜¡Š•ž›’ŠDZȱ ŗ›ŠǯDZȱ ’›’˜Ȭ ›’ŒŽ–’ŠǼ ȬŽ—’Œ’•Š–’—Šǰ
ŘǰŞȬ’‘¢›˜¡¢ŠŽ—’—Š ǀŗ
$5
 ’ŽŠȱ‘’™˜™›˜·’ŒŠǯ ΅ȬŽ›ŒŠ™˜™›˜Ȭ
!-'!a Ra&aSa!)'a'0'%Sa
a+-/%'a++-*$a/*a(! %'a!1'0/%*)a) a()#!(!)/Qa )a
) -!0%aRa%)!aaV! .WSa :
)/!-)/%*)'a!-**&a*"a!+$-*'*#4Qa!2a*-&Ra3"*- a)%1!-.%/4a-!..RaAIIFRa++aFI_H@Ra'!aG_ARa+aFIQ ǻ‘’˜•ŠǼ

'a Œǯȱ ŠŒŽ˜‘’›˜¡Š–’Œ˜ȱ ǻ’‘˜œŠǼȱ ™žŽŽȱ ’œ–’—ž’›ȱ •Šȱ ž›ŽŠœŠȱ Žȱ ˜›–Šȱ ŽŽŒ’ŸŠǯȱ Žȱ •’–’Šȱ œžȱ žœ˜ȱ ™˜›ȱ ŽŽŒ˜œȱ
5
˜œȱ™ŠŒ’Ž—ŽœȱŒ˜—ȱ‘’™Ž›ž›’Œ˜œž›’Šȱ™žŽŽ—ȱ˜›–Š›ȱ•’˜œȱŽȱ˜¡Š•Š˜ȱŽȱŠǯȱ™˜›ȱž—ȱ™›˜ŒŽœ˜ȱŽ—˜–’—Š˜ȱ—žŒ•ŽŠŒ’à—ȱ
‘ŽŽ›˜·—ŽŠȱǻ˜ȱŽ™’œŠ¡’œǼǯ

(() ((* hZK>K'1>h>dK

 >/d/^/^hZ/EZ/ >/d/^/^hZ/EZ/

 



 





GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG
       

   œžŠ•–Ž—ŽȱǻǁşŖƖȱŽȱŠ’œ•Š˜œǼ ŒŠœ’˜—Š•–Ž—ŽȱǻśƖȬřŖƖȱŽȱŠ’œ•Š˜œǼ
¡Š•Š˜ ›’œȱ™Š›˜ ž˜œŠ  ›Š–ȱ—ŽŠ’Ÿ˜œ ›˜Žžœȱ›ŽĴŽ›’ '!.%!''a+)!0(*)%!
˜œŠ˜ ›’œȱŒ•Š›˜ ž˜œŠ •Š—Šȱ›¤’• -*/!0.a10'#-%. '!.%!''a*34/*
Œ’˜ȱø›’Œ˜ –Š›’••Ž—˜ ’œŠ  -*/!0.a(%-%'%. !--/%a(-!.!).
’œ’—Š Š›˜ȱŒ•Š›˜ ’œŠ ·›ŽŠ -*/!0.a(*-#)%%
ŠŽ–˜™‘’•žœȱ™Š›Š’—ĚžŽ—£ŠŽ
!-.)%a!)/!-**'%/% *- !/!''a-*)$%.!+/%

ŠŽ–˜™‘’•žœȱ’—ĚžŽ—£ŠŽ ./!0-!''a






GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG *- !/!''a+!-/0..%. .!0 *(*).a!-0#%)*.
ȱǻAǼ
 ›Š–ȱ™˜œ’’Ÿ˜œ '1*/!-%0(a /+$4'**0.a!+% !-(% %.
¡Š•Š˜ȱŒ¤•Œ’Œ˜ȱ–˜—˜‘’›Š˜ Ž•˜“ȱŽȱŠ›Ž—Š /+$4'**0.a0-!0. %''0.a
¡Š•Š˜ȱŒ¤•Œ’Œ˜ȱ’‘’›Š˜ øŒ•Ž˜ȱŽ›Š·›’Œ˜ %-**0. *-4)!/!-%0(a(0-%0(
˜œŠ˜ȱŽȱŒŠ•Œ’˜ȮŠ™Š’Š –˜›˜ *-4)!/!-%0(a0'!-). *-4)!/!-%0(a!,0%
›žœ‘’Š ˜›–ŠȱŽȱŠž“Š *-4)!/!-%0(a-!)'! *-4)!/!-%0(a$*"())%%
Š—Žœ’˜˜œŠ˜ŽȱŠ–˜—’˜ȱǻŽœ›žŸ’ŠǼ ŽŒŠ—ž•Š›ǰȱŠ™ŠȱŽȱŠŠø *-4)!/!-%0(a*1%. '*./-% %0(a/!/)%
’œ’—Š
Ž¡Š˜—Š• ’Œ˜™•Šœ–Š Ȭœ›Š’—ȱ 4*+'.(

Œ’˜ȱø›’Œ˜ ›Š–Ž—˜œȱŠ–˜›˜œǰȱ™•ŠŒŠœ -!+'.(a0-!'4/%0(
ŽŸŠž›Šœ -4+/**0.
) % a$0(%*'








3
GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG ›˜– •ŽŽœ˜—ȱǰȱ ›’Ĝ‘ȱDZȱ—ŽŒ’˜—œ˜—Žœǯȱ )a!.)%&a Ra&aaV! .WSa-*'%/$%.%.Sa
a ! %'a) a
0-#%'a!"!-!)!Qa$%' !'+$%Ra0) !-.RaAII@Ra+aAAEQ
™
6 

6 
śǯś
:   
! 
:  

 
GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG
Ŝǯś  
:  Žȱ Žę—Žȱ Œ˜–˜ȱ Ž•ȱ šžŽȱ ’Ž—Žȱ ž—ȱ ŒžŽ›™˜ȱ ŒŽ—›Š•ȱ ¢ȱ Š•ȱ
ŝ  
:  –Ž—˜œȱ ž—Šȱ ›Š–Šȱ ŒŠ•’Œ’Š•ȱ œŽȱ ›Ž•ŠŒ’˜—Š—ȱ Œ˜—ȱ Œ¤•Œž•˜œȱ
ŽȱŽœ›žŸ’Šȱǻ˜œŠ˜ǰȱǰȱŠ–˜—’˜ǼDZȱǯȱȱŒ˜—ȱŒ¤•ŒžȬ
:::::::::
ǻŒŠ›‹˜—Š˜ȱŽȱŠǯǼȱ™˜›ȱ—žŒ•ŽŠŒ’à—ȱ‘ŽŽ›˜·—ŽŠǯ

Žȱ ŽœŠ››˜••Š—ȱ Šȱ •˜ȱ •Š›˜ȱ Ž•ȱ œ’œŽ–Šȱ Œ˜•ŽŒ˜›ȱ Žœ™ŽȬ

Œ’Š•–Ž—Žȱ Ž—ȱ •˜œȱ Œ¤•’ŒŽœȱ ¢ȱ •Šȱ ™Ž•Ÿ’œǯȱ Ž—Ž›Š—ȱ ǰȱ
œŽ™œ’œǰȱ ˜•˜›ǰȱ ¢ȱ ꗊ•–Ž—Žǰȱ Š••Šȱ ›Ž—Š•ȱ šžŽȱ ™žŽŽȱ
••ŽŸŠ›ȱŠȱ•Šȱ–žŽ›Žǯȱ˜œȱŒŠœ˜œȱœŽŸŽ›˜œȱœŽȱ–Š—Ž“Š—ȱŒ˜—ȱ
—’‹’˜›’Œ˜Ž›Š™’Šȱ¢ȱ—Ž›ŽŒ˜–ÇŠǯȱ

((+ ((, hZK>K'1>h>dK

 >/d/^/^hZ/EZ/ >/d/^/^hZ/EZ/

 



  


GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG
  

 
 ŶĂƚŽŵşĂŶŽƌŵĂů
Š›Œ’Š•Žœ šž·•ȱ šžŽȱ œà•˜ȱ ›Ž••Ž—Šȱ ™Š›Žȱ Ž•ȱ œ’œŽ–Šȱ Š–ŠÛ˜ȱŽ•ȱž›·Ž›
5:
:(: 5
’Žȱ Žȱ řŖȬřśȱ Œ–ȱ Ž—ȱ Ž•ȱ Šž•˜ǰȱ Ž•ȱ ž›·Ž›ȱ ’£šž’Ž›˜ȱ Žœȱ –¤œȱ
˜–™•Ž˜œ ‹Š›ŒŠȱ˜˜œȱ•˜œȱŒ¤•’ŒŽœȱ¢ȱ•Šȱ™Ž•Ÿ’œȱ›Ž—Š•ǯȱ •Š›˜ȱŗśȬŘŖȱ––ǰȱœžȱ’¤–Ž›˜ȱŽ—ȱŽœŠ˜ȱ—˜›–Š•ȱ—˜ȱœ˜‹›Ž™ŠœŠȱ
˜˜ȱ ˜ȱ –¤œȱ Ž•ȱ ŞŖƖȱ Žȱ •˜œȱ œ’œŽ–Šœȱ Œ˜Ȭ ŜȬŞ––
5
˜›Œ’˜—ŽœȱŽȱž›·Ž›
'5: ›˜¡’–Š•DZȱŽȱȱŠȱ‹˜›Žȱœž™Ž›’˜›ȱŽȱŒ›ŽŠȱ’•ÇŠŒŠ


 (5: Ž’Š•DZȱŽ—ȱ•ŠȱŠ›’Œž•ŠŒ’à—ȱœŠŒ›˜’•ÇŠŒŠǯȱ
GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG
)5: ’œŠ•DZȱȱꗊ•ȱŽȱ•ŠȱŠ›’Œž•ŠŒ’à—ȱœŠŒ›˜’•ÇŠŒŠȱŠȱ•Šȱ
V ) %1% 0'%5-aa a+%!)/!W
’’˜œȱŽȱŽœ›ŽŒ‘ŽŒŽœȱž›ŽŽ›Š•Žœȱ—˜›–Š•Žœ
    
'5: —’à—ȱž›ŽŽ›˜Ȭ™’·•’ŒŠ
ȱŽ—ȱ–˜—˜Ž›Š™’Š ¡ȱ Žȱ Ž•ŽŒŒ’à—ǰȱ Ž¡ŒŽ™˜ȱ Ž—ȱ ™ŠŒ’Ž—Žœȱ Œ˜—ȱ •’˜œȱ –ž¢ȱ •Š›˜œȱ ¢Ȧ˜ȱ (5: •ȱŒ›žŒŽȱŽȱ•˜œȱŸŠœ˜œȱŽ™’¤œ›’Œ˜œ
Œ˜–™•Ž“˜œǯȱŽ›–’Žȱ•ŠȱŽ•’–’—ŠŒ’à—ȱŽȱž—ȱŠ•˜ȱŸ˜•ž–Ž—ȱŽȱ™’Ž›Šȱ
¢ȱ™›˜žŒŽȱŠ•˜œȱǗ’ŒŽœȱŽȱȃ/*)!_"-!!a.//0.ȄǯȱŠȱ›Žœž•Š˜œȱœžȬ )5: —’à—ȱž›ŽŽ›˜ȬŸŽœ’ŒŠ•
™Ž›’˜›ŽœȱŠȱ•Šȱ
ȱ›Žœ™ŽŒ˜ȱŠ•ȱȃ˜—ŽȬ›ŽŽȄǰȱ¢ȱ–Ž—˜›ȱ–˜›‹’•’Ȭ
ŠȱšžŽȱ•Šȱ¡ǯȱ‹’Ž›Šǯ
˜–‹’—ŠŒ’à—ȱŽȱȱ •ȱ™’•Š›ȱŽȱ•ŠȱŽ›Š™’ŠȱŽȱŒ˜–‹’—ŠŒ’à—ȱŽœȱ•ŠȱŽ¡’›™ŠŒ’à—ȱŽ—˜œŒàȬ 





GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG
ȱ
DZ ™’ŒŠȱŒ˜—ȱǯȱŠȱȱœ’žŽȱŠȱ•Šȱ
ȱ™Š›Šȱ•ŠȱŽ¡›ŠŒŒ’à—ȱ
˜Š•ȱŽ•ȱ•’˜ǯȱœŠŒ˜–‹’—ŠŒ’à—ȱ™›˜™˜›Œ’˜—ŠȱŠ•ŠœȱŠœŠœȱŽȱŒž›ŠȬ • ǀśȱ––ǰȱœŽȱœž’Ž›Žȱ–Š—Ž“˜ȱŒ˜—œŽ›ŸŠ˜›ǯ
Œ’à—ȱǻ/*)!_-!!Ǽǯ • ǁŞ––ǰȱ—Ž›ŸŽ—Œ’à—ȱǻŽ—˜œŒà™’ŒŠǰȱ•Š™Š›˜œŒ˜™ÇŠǰȱŠ‹’Ž›ŠǼǯ

ȱŽ—ȱ–˜—˜Ž›Š™’Š ˜ȱŽœȱŠ™›˜™’ŠŠȱ™Š›Šȱ•Šȱ–Š¢˜›ÇŠȱŽȱ•˜œȱ™ŠŒ’Ž—Žœǰȱ™Ž›˜ȱ™žŽŽȱ • ǁŗȱŒ–ǰȱ›Ž™›ŽœŽ—Šȱž—Šȱ‹žŽ—ŠȱŠ•Ž›—Š’ŸŠȱ•Šȱ
ȱǻŽ—Ž›ŠȱŸŠ•˜›Žœȱ•’‹›ŽœȱŽȱ™’Ž›Šȱ‘ŠœŠȱŝŜƖȱ’—Ž™Ž—’Ž—Ȭ
œŽ›ȱŒ˜—œ’Ž›ŠŠȱŽ—ȱ•’˜œȱŒ˜—ȱ–Ž—˜œȱŽȱśŖŖȱ––(ȱ¢ȱœ’—ȱ˜ȱŒ˜—ȱ–ÇȬ ŽȱŽȱ•Šȱ•˜ŒŠ•’£ŠŒ’à—Ǽǯ
—’–Šȱ’•ŠŠŒ’à—ǯ
’›žÇŠȱŠ‹’Ž›ŠȱǻŠ—Š›àꌊǼ
˜ȱŽœȱŠ™›˜™’Š˜ȱ™Š›Šȱ•Šȱ–Š¢˜›ÇŠȱŽȱ•˜œȱ™ŠŒ’Ž—Žœǯȱ˜œȱ›Žœž•Š˜œȱ 



Žȱ·¡’˜ȱœ˜—ȱœ’–’•Š›ŽœȱŠȱǰȱ™Ž›˜ȱ’Ž—Žȱ–Š¢˜›ȱŒ˜—ŸŠ•ŽŒŽ—Œ’Šȱ GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG
™˜œšž’›ø›’ŒŠǰȱ ÇŠœȱ Žȱ ŽœŠ—Œ’Šȱ ‘˜œ™’Š•Š›’Šȱ ¢ȱ žœ˜ȱ Žȱ Š—Š•·Ȭ • ‹œ›žŒŒ’à—ȱ˜Š•ȱŠ—ŽœȱŽȱŘȱœŽ–Š—Šœȱ—˜ȱ™›˜žŒŽ—ȱ™·›’ŠȱŽȱ•Šȱž—Œ’à—ȱ›Ž—Š•ȱ’››ŽŸŽ›œ’‹•Žǯ
œ’Œ˜œǯȱ ˜—œ’Ž›Š›•Šȱ ‹žŽ—Šȱ ˜™Œ’à—ȱ Ž—ȱ •’˜œȱ Ž–Šœ’Š˜ȱ •Š›˜œȱ ˜ȱ
• ¤œȱŽȱŜȱœŽ–Š—Šœǰ::!›’Šȱ’››ŽŸŽ›œ’‹•ŽȱŽȱ•Šȱž—Œ’à—ȱ›Ž—Š•ȱ™žŽŽȱ™›ŽœŽ—Š›œŽǯ
Ššž·••˜œȱŒ˜—ȱŠ—Š˜–ÇŠȱŽȱ•˜œȱœ’œŽ–ŠœȱŒ˜•ŽŒ˜›ŽœǰȱŒ˜—ȱ˜‹Žœ’Šȱ
’–™˜›Š—Žȱ˜ȱŠ•Ž›ŠŒ’˜—Žœȱ–øœŒž•˜ȬŽœšžŽ•·’ŒŠœǯ


GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG
—ȱ•˜œȱ™ŠŒ’Ž—ŽœȱŒ˜—ȱŒ¤•Œž•˜œȱŒ˜›Š•’˜›–Žœȱ™ŽšžŽÛ˜œȱ¢ȱž—ȱœ’œŽ–Šȱ—˜ȱ’•ŠŠ˜ǰȱ•ŠœȱœŽœ’˜—Žœȱ›Ž™Ž’ŠœŽȱ
ȱ
Œ˜—ȱž—ŠȱŽ—˜™›˜Žœ’œȱ™žŽŽ—ȱœŽ›ȱž—ŠȱŠ•Ž›—Š’ŸŠȱŽ›Š™·ž’ŒŠȱ›Š£˜—Š‹•ŽǯȱŠȱ—Ž›ŽŒ˜–ÇŠȱŽ‹ŽȱŒ˜—Ž–™•Š›œŽȱŠ—Žȱ ¤•Œž•˜ȱȱǀȱśȱ––6:,.0 Š•Œž•˜ȱŽ—›ŽȱśȬŗŖȱ––6:*-0
ž—ȱ›’Ûà—ȱ—˜ȱž—Œ’˜—Š—Žǯȱ
ŝŗȱȬȱşŞƖȱŽ—ȱž›·Ž›ȱ’œŠ• ŘśȱȬȱśřƖȱŽ—ȱž›·Ž›ȱ’œŠ•



 ŘşȱȬȱşŞƖȱŽ—ȱž›·Ž›ȱ™›˜¡’–Š• ŗŖȱ˜ȱśřƖȱŽ—ȱž›·Ž›ȱ™›˜¡’–Š•

GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG
ŗǯȱ•’–’—Š›ȱ–ŠœŠȱ•Ç’ŒŠDZȱŠ‹’Ž›ŠȱǻŠ—Š›àꌊǼǰȱǰȱ

Řǯȱ›ŠŠ›ȱŠ—˜–Š•ÇŠœȱ–ŽŠ‹à•’ŒŠœǯ D


C

GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG
řǯȱ˜››Ž’›ȱŠ—˜–Š•ÇŠœȱŠ—Šà–’ŒŠœȱšžŽȱŒ˜—’Œ’˜—Š—ȱŽœŠœ’œȱž›’—Š›’Šȱ¢ȱ•Šœȱ’—ŽŒŒ’˜—Žœ
• ’˜ȱž›ŽŽ›Š•ȱȱǀȱŗŖȱ––ǯ
Śǯȱ›ŽœŽ›ŸŠ›ȱ•Šȱž—Œ’à—ȱ›Ž—Š•ǯ
• žŽ—ȱŒ˜—›˜•ȱŽ•ȱ˜•˜›ǯ
• ˜ȱŽŸ’Ž—Œ’ŠȱŒ•Ç—’ŒŠȱŽȱœŽ™œ’œǯ
˜—œ’Ž›Š›ȱ—Ž›ŽŒ˜–ÇŠȱŒžŠ—˜ȱŽ•ȱ›’Ûà—ȱŠŽŒŠ˜ȱŽ—Šȱ’—œžęŒ’Ž—Žȱž—Œ’à—ȱ›Ž—Š•ȱ¢ȱŽ•ȱŒ˜—›Š•ŠŽ›Š•ȱŽœ·ȱœŠ—˜ǯŠȱ
• ŽŒžŠŠȱ›ŽœŽ›ŸŠȱŽȱž—Œ’à—ȱ›Ž—Š•ǯ

ȱŽœȱ’—Š™›˜™’ŠŠȱ™Š›Šȱ™ŠŒ’Ž—ŽœȱŒ˜—ȱ•’’Šœ’œȱŒ˜›Š•’˜›–Žȱ˜ȱŒ˜—ȱŒ˜›Š•’˜›–Žœȱ™Š›Œ’Š•ŽœȱŽȱŒ’œ’—Šǯ


Ra0% !'%)!.a/aa')!RaB@A@Ra+#QaAAG_ABA
—ȱž—ȱ™ŠŒ’Ž—ŽȱŒ˜—ȱ’Š—àœ’Œ˜ȱŽȱ•’˜ȱž›ŽŽ›Š•ȱǀȱŗŖȱ––ȱŒ˜—ȱœÇ—˜–ŠœȱŒ˜—›˜•Š˜œǯȱŠȱŽ›Š™’Šȱ–·’ŒŠȱŠ™›˜™’ŠŠȱ
Œ˜—ȱŽŸŠ•žŠŒ’à—ȱ™Ž›’à’ŒŠȱŽœȱ›ŽŒ˜–Ž—ŠŠȱŒ˜–˜ȱ›ŠŠ–’Ž—˜ȱ’—’Œ’Š•ǯ

((- ((. hZK>K'1>h>dK

 >/d/^/^hZ/EZ/ >/d/^/^hZ/EZ/










 







GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG
’Ž–™›Žȱ šžŽȱ —˜ȱ Ž¡’œŠ—ȱ Œ˜—›Š’—’ŒŠŒ’˜—Žœȱ ˜ȱ •’–’ŠŒ’˜—Žœǰȱ Ž•ȱ Œ¤•Œž•˜ȱ Ž‹Žȱ œŽ›ȱ Ž¡›ŠÇ˜ȱ Ž•ȱ ˜›Š—’œ–˜ǯȱ Šȱ ™Ž›Ȭ
  

66 
œ’œŽ—Œ’Šȱ Žȱ ž—ȱ Œ¤•Œž•˜ȱ Ž—›˜ȱ Žȱ •Šœȱ ŸÇŠœȱ ž›’—Š›’Šœȱ ™›Ž’œ™˜—Žȱ Šȱ ’—ĚŠ–ŠŒ’à—ǰȱ ’—ŽŒŒ’à—ǰȱ œÇ—˜–Šœȱ ’››’Š’Ÿ˜œȱ ¢ȱ
¡™ž•œ’à—ȱŽœ™˜—¤—ŽŠ Žø—ȱŽ•ȱŠ–ŠÛ˜ ˜‹œ›žŒ’Ÿ˜œȱž›’—Š›’˜œǯȱ
¤•Œž•˜œȱǀȱśȱ––ǰȱŜŞȱƖǯȱ
¤•Œž•˜œȱǁȱśȱ¢ȱǀȱŗŖȱ––ȱŚŝȱƖǯȱ VG





›ŠŠ–’Ž—˜œȱ–·’Œ˜œ —Š˜—’œŠȱŽ•ȱŒŠ•Œ’˜ȱǻ—’Ž’™’—˜ǼDZȱŝśȱƖǯ •ž—˜œȱŒ¤•Œž•˜œȱ—˜ȱ˜‹œ›žŒ’Ÿ˜œȱ™žŽŽ—ȱŽœŠ›ȱ‹Š“˜ȱ˜‹œŽ›ŸŠŒ’à—ȱœ’ȱ—˜ȱ˜‹œ›ž¢Ž—ȱŽ•ȱ•’‹›Žȱ›¤—œ’˜ȱŽȱ•Šȱ˜›’—Šǰȱ—˜ȱ
•Šȱ—Š˜—’œŠœȱǻŠ–œž•˜œ’—ŠǼDZȱŞŗȱƖǯ Žœ¤—ȱ ’—ŽŒŠ˜œȱ ¢ȱ œ˜—ȱ ˜Š•–Ž—Žȱ Šœ’—˜–¤’Œ˜œǯȱ œ˜ȱ ™žŽŽȱ ˜Œž››’›ȱ Ž—ȱ •˜œȱ ž‹’ŒŠ˜œȱ Ž—ȱ ž—ȱ Œ¤•’£ȱ ›Ž—Š•ȱ ˜ȱ Ž—ȱ ž—ȱ
’ŸŽ›ÇŒž•˜ȱŒŠ•’Œ’Š•ǯ

 






 WG



GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG
ȱŽȱ‘Šȱ›ŽŒ˜–Ž—Š˜ȱ™Š›Šȱ™›˜–˜ŸŽ›ȱŽ•ȱ™Šœ˜ȱŽ•ȱ•’˜ȱ¢ȱ›ŽžŒ’›ȱ•Šȱ—ŽŒŽœ’ŠȱŽȱ
ȱ˜ȱŒ’›žÇŠǰȱŠœÇȱŒ˜–˜ȱ™Š›Šȱ


 –Ž“˜›Š›ȱŽ•ȱ™˜›ŒŽ—Š“ŽȱŽȱŽ¡™ž•œ’à—ȱŽȱ•’˜œȱ¢ȱ›ŽžŒ’›ȱ•˜œȱŽŸŽ—˜œȱŽȱŒà•’Œ˜œǯȱ
ǻ˜›ŒŽ—Š“ŽȱŽȱ™ŠŒ’Ž—Žȱ•’‹›ŽȱŽȱ™’Ž›ŠœǼ ŠȱŒ˜–‹’—ŠŒ’à—DZȱɲͲ‹•˜šžŽŠ˜›Žœȱ¢ȱŒ˜›’Œ˜ŽœŽ›˜’ŽœȱŽœȱ–¤œȱŽŽŒ’ŸŠȱšžŽȱ•ŠȱŽ›Š™’Šȱø—’ŒŠǯȱ˜ȱœŽȱ›ŽŒ˜–’Ž—Šȱ™Š›Šȱ
  66

   •’˜œȱǁȱŗŖȱ––ǯȱŠȱŽ›Š™’Šȱ–·’ŒŠȱ™žŽŽȱœžŽ›’›œŽȱŽœ™ž·œȱŽȱ
ȱ™Š›Šȱ•’’Šœ’œȱž›ŽŽ›Š•ǯȱŠȱŠ–œž•˜œ’—Šȱ™žŽŽȱ
Š›œŽȱŽœ™ž·œȱŽȱ
ȱ™Š›ŠȱŒ¤•Œž•˜œȱŽȱ•Šȱ™Ž•Ÿ’œȱ›Ž—Š•ȱ¢Ȧ˜ȱŽȱŒ¤•’ŒŽœȱ–Ž’˜ȱ¢ȱœž™Ž›’˜›ǯ
'%"
’œŠ• -*:0 /*:0
ȱȱȱȱȱ’œŠ•ȱǀŗŖȱ–– .,:0 /-:0
ȱȱȱȱȱ’œŠ•ȱǁŗŖȱ–– -*:0 /):0    
—ŽœŠȱŠ•ŠȱŽȱ•Çšž’˜œ ž–Ž—Šȱ•Šȱ™›Žœ’à—ȱ‘’›˜œ¤’ŒŠȱ™›˜¡’–Š•ȱŽ•ȱ•’˜ȱ˜ȱ’—Œ›Ž–Ž—Ȭ
›·Ž›ȱ–Ž’˜ -):0 .,:0
Šȱ Ž•ȱ Ÿ˜•ž–Ž—ȱ Žȱ ˜›’—Šȱ ›Š—œ™˜›ŠŠȱ Šȱ ›ŠŸ·œȱ Ž•ȱ ž›·Ž›ǯȱ œȱ
ǀŗŖȱ–– .*:0 /':0 ›ŽŒžŽ—ŽȱŒ˜—›Š››ŽœŠ›ȱŽ•ȱ™Šœ˜ȱŽ•ȱ•’˜ȱ¢ȱŒŠžœŠ›ȱ–Š¢˜›ȱ˜•˜›ǯȱ
ǁŗŖȱ–– -,:0 -.:0 ˜ȱ‘Š¢ȱŽŸ’Ž—Œ’ŠȱŽȱšžŽȱ•˜œȱ•Çšž’˜œȱ¢ȱ’ž›·’Œ˜œȱŠ¢žŽ—ȱŠȱ•Šȱ
Ž¡™ž•œ’à—ȱŽ•ȱ•’˜ȱ¢ȱšž’Ž—ȱŽ•ȱ˜•˜›ǯ
›·Ž›ȱ™›˜¡’–Š•ȱ .(:0 .':0
ǀŗŖȱ–– /&:0 .&:0 ȱǻȱ˜ȱȱȬŘǼ ˜ȱ‘Š¢ȱ›˜•ȱŽ—ȱ•ŠȱŽ¡™ž•œ’à—ȱŽȱ•’˜œǯ
ǁŗŖȱ–– ,.:0 -/:0 ˜›’Œ˜œŽ›˜’Žœ à•˜ȱž—ȱŽœž’˜ȱŠ•ŽŠ˜›’£Š˜ȱŠ™˜¢ŠȱŽ•ȱŽŽŒ˜ȱœ’—’ęŒŠ’Ÿ˜ȱŽȱ•Šȱ
–Ž’•™›Ž—’œ˜•˜—ŠȱŽ—ȱ•ŠȱŽ¡™ž•œ’à—ȱŽ•ȱ•’˜ȱŽ—ȱŽ•ȱž›ŽŽ›Š•ȱ’œŠ•ǯȱ
˜ȱ‘Š¢ȱŽŸ’Ž—Œ’ŠȱšžŽȱŒ˜—ę›–ŽȱšžŽȱ•˜œȱŒ˜›’Œ˜ŽœŽ›˜’Žœȱœ˜•˜œȱ
œ˜—ȱ ŒŠ™ŠŒŽœȱ Žȱ ŠŒ’•’Š›ȱ •Šȱ Ž¡™ž•œ’à—ǯȱ Ž‹Ž—ȱ Žȱ ž’•’£Š›œŽȱ Ž—ȱ

 Œ˜–‹’—ŠŒ’à—ǯ
GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG

ŽȱŒŠ›ŠŒŽ›’£Šȱ™˜›DZ 5 )a1%/-*ȱ‘Šȱ›Ž™˜›Š˜ȱ›Žœž•Š˜œȱœ’–’•Š›ŽœȱŠȱŠ–œž•˜œ’—Šǯȱ•ȱ›˜•ȱ
Šž—ȱŽœŠȱ™˜›ȱœŽ›ȱŽŸŠ•žŠ˜ȱŽ—ȱŽœž’˜œȱŒ˜—›˜•Š˜œǯ
•
$:5 •ŠȬ‹•˜šžŽŠ˜›Žœ —‘’‹Ž—ȱ•ŠœȱŒ˜—›ŠŒŒ’˜—Žœȱ–žœŒž•Š›Žœȱž›ŽŽ›Š•Žœǯȱ’œ–’—ž¢ŽȱŽ•ȱ
• —’Œ’ŠŒ’à—ȱ•ž–‹˜Š‹˜–’—Š•ȱŒ˜—ȱ’››Š’ŠŒ’à—ȱŠȱ•Šȱ’—•Žȱ¢ȱŽ—’Š•ŽœȱŽ¡Ž›—˜œǯ ˜—˜ȱ‹ŠœŠ•ǯȱŽ›–’ŽȱŒ˜—’—žŠ›ȱ•Šȱȱ™Ž›’œŠ•œ’œǯȱŠ–œž•˜œ’—Šȱǻ–¤œȱ
ž’•’£ŠŠǼǰȱ˜¡Š£˜œ’—ŠǰȱŽ›Š£˜œ’—Šȱœ˜—ȱ’žŠ•ȱŽȱŽęŒŠŒŽœǰȱ•˜ȱšžŽȱ
• ŽȱŠŒ˜–™ŠÛŠȱŽȱŽ—à–Ž—˜œȱŠœ›˜’—Žœ’—Š•ŽœDZȱ—ŠžœŽŠœǰȱȱŸà–’˜œǰȱ’•Ž˜ȱ™Š›Š•Ç’Œ˜
::::::::5
• žŽŽȱ™›ŽœŽ—Š›ȱŠŽ–¤œȱœÇ—˜–Šœȱ’››’Š’Ÿ˜œDZȱ™˜•Ššž’ž›’Šǰȱ’œž›’ŠǰȱŽ—Žœ–˜ǰȱŽŒǯ
•˜šžŽŠ˜›Žœȱ Žȱ ŒŠ—Š•Žœȱ %"! %+%)*Ra’—‘’‹Ž—ȱ•ŠȱœÇ—Žœ’œȱŽȱ™›˜œŠ•Š—’—Šœȱ¢ȱȱ•ŠȱŠĚžŽ—Ȭ
• žŽŽȱŠŒ˜–™ŠÛŠ›œŽȱŽȱœž˜›ŠŒ’à—ǰȱŠšž’ŒŠ›’ŠȱŽȱ’—Œ•žœ˜ȱŒ›’œ’œȱ‘’™Ž›Ž—œ’ŸŠǯ ŽȱŒŠ•Œ’˜ Œ’ŠȱŽȱŒŠ•Œ’˜ǯȱŽ›–’ŽȱšžŽȱ•Šȱȱ™Ž›’œŠ•œ’œȱŒ˜—’—øŽǯȱ
• ŠȱŠœ˜Œ’ŠŒ’à—ȱŽȱꎋ›Žǰȱ’—’ŒŠȱž—Šȱ™’Ž•˜—Ž›’’œȱŽ—ȱŽŸ˜•žŒ’à—ȱŠžŠǯ
žÇŠœȱȬDZȱ˜›ŒŽ—Š“ŽȱŠ‹œ˜•ž˜ȱŽȱ™Šœ˜DZȱ’Ž’™’—˜DZȱşƖǯȱ
'"a'*,0! *-!.SaBIJ
• •ȱ˜•˜›ȱŽœȱŽ‹’˜ȱŠȱ•Šȱ’œŽ—œ’à—ȱŽȱ•ŠœȱŸÇŠœȱž›’—Š›’Šœȱ™˜›ȱŽ—Œ’–ŠȱŽ•ȱŒ¤•Œž•˜ȱ˜‹œ›žŒ’Ÿ˜ǯ -!(%)#!-RaQa!/Qa'QaB@@Ga0% !'%)!a"*-a/$!a )#!(!)/a*"a-!/!-'a'0'%Qa
a-*'aB@@GTaAGHSBDAH_BDCDQ
*-./!-a
Ra%$- .aQa'0% .a) a %0-!/%.a"*-a0/!a0-!/!-%a*'%Q*$-)!a/.!4./!1aB@@ES@@DIBF
• •ȱ˜•˜›ȱ™žŽŽȱŒŽŽ›ȱŽœ™˜—¤—ŽŠ–Ž—Žǰȱ¢ŠȱœŽŠȱ™˜›šžŽȱŽ•ȱŒ¤•Œž•˜ȱ‘Šȱ˜‹œ›ž’˜ȱ˜Š•–Ž—ŽȱŠȱ
ž—ȱ›’Ûà—ǰȱ˜ȱœŽȱ‘Š¢ŠȱŽ•’–’—Š˜ȱŽœ™˜—¤—ŽŠ–Ž—Žǰȱ˜ȱ–’›Š˜ȱŠȱ•˜œȱŒ¤•’ŒŽœȱ›Ž—Š•Žœǯ
’Ž–™˜ȱ™›˜–Ž’˜ȱŽȱŽ¡™ž•œ’ſŶĚĞƐƉƵĠœȱŽȱ•ŠȱŽ›Š™’Šȱ–·’ŒŠȱŽ¡™ž•œ’ŸŠDZȱŗŚȱŠȱŘŞȱÇŠœǯȱD_Fa.!().5
• ˜œȱŒ¤•Œž•˜œȱ™ŽšžŽÛ˜œȱ™›˜Ÿ˜ŒŠ—ȱ–¤œȱœÇ—˜–ŠœȱšžŽȱ•˜œȱŸ˜•ž–’—˜œ˜œȱ™’·•’Œ˜œȱ¢ȱŒ˜›Š•’˜›–Žœǯ
• Šȱ™’ž›’Šȱ¢ȱ•Šȱ–’Œ›˜ȱ˜ȱ–ŠŒ›˜ȱ‘Ž–Šž›’Šȱœ˜—ȱœ’—˜œȱ’–™˜›Š—ŽœȱŽ—ȱ•Šœȱ•’’Šœ’œȱž›’—Š›’ŠœȱšžŽȱ ŗœȱȱ˜—ȱ˜—Žȱ’œŽŠœŽǰȱŠ›’œǰȱŘŖŖŗȦ˜—Žȱ’œŽŠœŽǰȱŘŖŖřȱ
œŽȱ’—Ž—œ’ęŒŠ—ȱŒ˜—ȱ•˜œȱ–˜Ÿ’–’Ž—˜œȱŽ•ȱŒ¤•Œž•˜ǯȱ

((/ ()& hZK>K'1>h>dK

 >/d/^/^hZ/EZ/ >/d/^/^hZ/EZ/








 












 





GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG
• •ȱ›ŠŠ–’Ž—˜ȱŽ‹Žȱ’—’Œ’Š›œŽȱŒ˜—ȱž—ȱǰȱ™›ŽŽ›Ž—Ž–Ž—Žȱ’Œ•˜Ž—ŠŒ˜ǰȱ’—˜Ȭ  
    
  6

–ŽŠŒ’—ŠȱŽȱ’‹ž™›˜Ž—˜ǰȱ’—Œ•žœ˜ȱ›Š–Š˜•ȱ˜ȱȱ–˜›ę—Šǯȱ ’ž›·’Œ˜œȱ’Š£Ç’Œ˜œ
’™Ž›ŒŠ•Œ’ž›’Šȱ™˜› ·›’ŠȱŽȱ™˜Šœ’˜ǰȱŒŠ•Š–Ȭ
• •ȱ ’Œ•˜Ž—ŠŒ˜ȱ ŠŽŒŠȱ Š•ȱ  ȱ Ž—ȱ •˜œȱ ™ŠŒ’Ž—Žœȱ Œ˜—ȱ ž—Šȱ ž—Œ’à—ȱ ›Ž—Š•ȱ ›ŽžŒ’Šǰȱ ™·›’Šȱ›Ž—Š•ǰȱǻ’™˜ȱǼȱ¢ȱ ‹›Žœȱ –žœŒž•Š›Žœǰȱ ‘’™Ž›ž›’Ȭ

% -*'*-*/%5%  Řśȱ–ȱȱŒȦŗŘȱ‘›œ
™Ž›˜ȱ—˜ȱŽ—ȱŠšžŽ••˜œȱŒ˜—ȱž—Œ’à—ȱ›Ž—Š•ȱ—˜›–Š• ‹œ˜›’ŸŠǯȱ’Ž›ŠœȱŽȱ¡ŠȬ Œ˜œž›’Šǰȱ ŠŒ’˜œ’œȱ ’—›ŠŒŽ•žȬ
• •ȱžœ˜ȱŽȱ’Œ•˜Ž—ŠŒ˜ȱœŽȱ›ŽŒ˜–’Ž—ŠȱŒ˜–˜ȱ–·˜˜ȱ™Š›ŠȱŒ˜—›Š››ŽœŠ›ȱŽ•ȱ˜•˜›ȱ '*-/'% *) ŘśȮśŖȱ–ȱȱŒȦŘŚȱ‘›œ •Š˜ȱ¢ȱ˜œŠ˜ȱŽȱŠǯ •Š›ǰȱ‘’™˜Œ’›Šž›’Šǯ
:::::$:5 ) +(%  Řǯśȱ–ȱȱŒȦŘŚȱ‘›œ
˜œŠ˜ȱà’Œ˜ȱŽȱŽ5 ŗŖȮŗśȱȦÇŠȱŒ˜—ȱ•ŠœȱŒ˜Ȭ
’™Ž›ŒŠ•Œ’ž›’ŠȱŠ‹œ˜›’ŸŠǯ Š•ŽœŠ›ȱ’Žœ’Ÿ˜ǰȱŽœ’–žȬ
•ž•˜œŠ –’Šœ ȱ’Ž›ŠœȱŽȱ¡Š•Š˜ȱŽȱŠǯ •Šȱ
ǯȱ ™Š›Š’›˜’ŽŠǰȱ ‘’™˜Ȭ





 –Š–ŠœŽ–’Š
GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG
Šȱ’œ˜•žŒ’à—ȱŽȱŒ¤•Œž•˜œȱ›Ž—Š•Žœȱ›Š’˜•øŒ’˜œȱŽȱŒǯȱq›’Œ˜ȱœŽȱ™žŽŽȱ›ŽŠ•’£Š›ȱ™˜›ȱŠ•ŒŠ•’—’£ŠŒ’à—ȱ˜›Š•ȱŒ˜—ȱŒ’›Š˜ȱŽȱ ›˜˜œŠ˜ ŖǯśȱȱȱŒȦȱŞȱ‘›œ
’™Ž›ŒŠ•Œ’ž›’Šȱ Š‹œ˜›’ŸŠǯȱ Š•Œ’ęŒŠŒ’à—ȱŽȱŽ“’˜œȱ
™˜Šœ’˜ȱȦȱ‹’ŒŠ›‹˜—Š˜ȱŽȱ™˜Šœ’˜ǯȱ•ȱ¤Œ’˜ȱø›’Œ˜ȱŽ—ȱ•ŠȱŽ—Ž›–ŽŠȱ•’’¤œ’ŒŠȱŽ™Ž—ŽȱŽȱ›ŽœȱŠŒ˜›Žœȱ™Š˜·—’Œ˜œDZȱ ’™˜ȱǯȱ•’˜œȱ˜¡Š•Š˜ȱŠǯȱ 
™
ȱ¤Œ’˜ȱŽȱ˜›’—ŠǰȱŽ•ȱŸ˜•ž–Ž—ȱŽȱ˜›’—ŠȱŽȱ‹Š“ŠǰȱŽȱ‘’™Ž›ž›’Œ˜œž›’Šǯȱ’—ȱŽ–‹Š›˜ǰȱŽ•ȱŠŒ˜›ȱ–¤œȱ’–™˜›Š—Žȱ™Š›Šȱ•Šȱ ’›Š˜ȱŽȱ˜Šœ’˜ ŘŖȱ –šȱ ȱ ŒȦȱ Şȱ ˜ȱ ŗŘȱ
’™˜Œ’›Šž›’Šǯȱ ’˜œȱ Žȱ Š•ŽœŠ›ȱ ’Žœ’Ÿ˜ǯȱ
’™Ž›Ȭ
˜›–ŠŒ’à—ȱŽȱ•’˜œȱŽȱ¤Œ’˜ȱø›’Œ˜ȱŽœȱž—Šȱ˜›’—Šȱ™Ž›œ’œŽ—Ž–Ž—Žȱ¤Œ’ŠǯȱŠȱŠ•ŒŠ•’—’£ŠŒ’à—ȱž›’—Š›’ŠȱŒ˜—ȱŒ’›Š˜ȱŽȱ ‘›œ ˜¡Š•Š˜ȱ¢ȱȱŒǯȱø›’Œ˜ ™˜ŠœŽ–’Šǯ
™˜Šœ’˜ȱȦȱ‹’ŒŠ›‹˜—Š˜ȱŽœȱž—ȱ›ŠŠ–’Ž—˜ȱ%!)a/*'!- *ȱ¢ȱŠ•Š–Ž—ŽȱŽęŒŠ£ǰȱ›Žœž•Š—˜ȱŽ—ȱ•Šȱ’œ˜•žŒ’à—ȱŽȱ™’Ž›ŠœȱŽȱ
¤Œ’˜ȱø›’Œ˜ȱ—˜ȱ˜‹œ›žŒ’ŸŠœȱ •˜™ž›’—˜• řŖŖȱ–ȱȱŒȦȱŘŚȱ‘›œ ›’Œ˜œž›’Šǯȱ’˜œȱŒǯȱø›’Œ˜ ¡Š—Ž–Šǰȱ–’Š•’Šǯ

-%)$%!-%a
Raa.+*.%/*Ra./!')0*1*aQa)%  a !a-*'*#:Ra*.+%/'a
Qa )5*)%Ra!*Ra /'%Q •žŒ˜—Š˜ȱŽȱ–Š5 ŖǯśȮŗǯŖȱȱŒȦȱŞȱ‘›œ ’’Šœ’œȱž›’Œ˜œø›’ŒŠȱ™˜›ȱ 5

—Žœ’˜ ::
’›’˜¡’—ŠȱǻŜǼ ŗŖŖȱ–ȱȱ™˜›ȱÇŠȱ
’™Ž›ŒŠ•Œ’ž›’Šȱŗ›’Šǯ 5

 


GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG ȬŽ—’Œ’•Š–’—Š ŘśŖȱ–ȱȱŠ•ȱÇŠȱǻ‘ŠœȬ ’œ’—ž›’Šǯȱ’˜œȱŽȱŒ’œ’—Š ’—ǯȱ Ž›à’Œ˜ǰȱ Ž›–Š’’œǰȱ
Žȱ›ŽŠ•’£Šȱ–Ž’Š—Žȱ’››’ŠŒ’à—ȱ™Ž›Œž¤—ŽŠǰȱ™Š›Šȱ›ŠŠ›ȱŒ¤•Œž•˜œȱ˜ȱ›Š–Ž—˜œȱŽȱŒ¤•Œž•˜œ›Žœ’žŠ•ŽœȱŒ˜–˜ȱž—ȱŒ˜–Ȭ ŠȱŽŽŒ˜ȱŽœŽŠ˜Ǽ 5
™•Ž–Ž—˜ȱ ȱŠȱ•Šȱ
ǰȱ•Šȱǰȱ•Šȱȱ˜ȱ•ŠȱŒ’›žÇŠȱŠ‹’Ž›Šȱ˜ȱ•Š™Š›˜œŒà™’ŒŠǯȱŽȱžœŠ—ȱ˜œȱŒŠ·Ž›ŽœȱŽȱ—Ž›˜œȬ ɲͲDĞƌĐĂƉƚŽƉƌŽ5 ŗŖŖȱ –ȱ ȱ ŒȦȱ ŗŘȱ ‘›œȱȱ ’œ’—ž›’Šǯȱ’˜œȱŽȱŒ’œ’—Š ¡Š—Ž–Šǰȱ ŠœŽ—’Šǰȱ Š•Ž›ŠȬ
˜–"Šȱ™Š›Šȱ™Ž›–’’›ȱ•Šȱ’››’ŠŒ’à—ȱŒ˜››ŽŒŠǰȱšžŽȱŽŸ’ŠȱšžŽȱŽ•ȱ•Çšž’˜ȱšž’–’˜•Ç’Œ˜ȱ›Ž—ŽȱŽ—ȱ•ŠȱŸŽ“’Šȱ¢ȱœŽȱ›ŽžŒŽȱŽ•ȱ ™’˜—’••’Œ’—Š ǻ‘ŠœŠȱŽŽŒ˜ȱŽœŽŠ˜Ǽ Œ’˜—Žœȱ–Ž—Š•Žœǯ
›’Žœ˜ȱŽȱŽ•ŽŸŠŒ’à—ȱŽȱ•Šȱ™›Žœ’à—ȱ’—›Š››Ž—Š•ǯ
Š™˜™›’• Řśȱ–ȱȱŒȦŞȱ‘›œ ’œ’—ž›’Šǯȱ’˜œȱŽȱŒ’œ’—Š ˜œǰȱ‘’™˜Ž—œ’à—ǯ

: ŘśŖȱ–ȱȱŒȦȱŞȱ‘›œ œ›žŸ’ŠȱǻĻž›ŽŠœŠǼ Ž—à–Ž—˜œȱ›˜–‹˜Ž–‹à•’Ȭ à•’Ȭ
Ȭ





ŒŽ˜‘’›˜¡¤–’Œ˜ Œ˜œǰȱŽ–‹•˜›ǰȱŒŽŠ•ŽŠǰȱ™·›Ȭ




 ’ŠȱŽ•ȱžœ˜ǰȱŠ•˜™ŽŒ’Šǰȱ
GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG Š—Ž–’Šǯ

 66  6
 
 *''%)#.2*-/$a

Ra*#!-.a
Ra0"()aRa!/a'Qa ! %'a/$!-+4a/*a"%'%//!a0-%)-4a./*)!a+..#!S
a(!/_)'4.%.Qa)!/aB@@FTCFHSAAGA`IQ
¤•Œž•˜œȱŽȱŽœ›žŸ’Š žŽŽ—ȱ’œ˜•ŸŽ›œŽȱŒ˜—ȱž—Šȱœ˜•žŒ’à—ȱŠ•ȱŗŖȱƖȱŽȱ‘Ž–’ŠŒ’›’—Šȱǻ!)% %)Ǽȱ
ǻ™
ȱřǰśȬŚǼȱ˜ȱœ˜•žŒ’à—ȱ ȱŽȱž‹¢ǯȱ˜ȱŽ‹Ž—ȱŠ–’—’œ›Š›œŽȱŽ—ȱ•ŠȱŠœŽȱ™˜œ˜Ȭ
™Ž›Š˜›’Šȱ’—–Ž’ŠŠǰȱ™žŽœȱŒ˜—••ŽŸŠȱ›’Žœ˜ȱŽȱ™Š›˜ȱŒŠ›’ŠŒ˜ȱ™˜›ȱ‘’™Ž›–ŠȬ
—ŽœŽ–’Šȱœ’ȱœŽȱ™›˜žŒŽ—ȱžŠœȱ¢ȱœŽȱŠ‹œ˜›‹Žȱ–Š—Žœ’˜ǯȱ
¤•Œž•˜œȱŽȱ‹›žŒ’Š Šȱ‹›žŒ’ŠȱŠ–‹’·—ȱŽœȱœ˜•ž‹•ŽȱŽ—ȱ•Šœȱœ˜•žŒ’˜—Žœȱ¤Œ’ŠœȱŽȱ‘Ž–’ŠŒ’›’—Šȱ¢ȱ
a !a04Qa
¤•Œž•˜œȱŽȱŒ’œ’—Š Šȱ Œ’œ’—Šȱ Žœȱ œ˜•ž‹•Žȱ Ž—ȱ ž—ȱ –Ž’˜ȱ Š•ŒŠ•’—˜ǯȱ žŽŽȱ ž’•’£Š›œŽȱ œ˜•žŒ’à—ȱ Žȱ
›’‘’›˜¡’–Ž’•Š–’—˜–ŽŠ—˜ȱǻ
Ǽȱǻ™
ȱŞǰśȬşǰŖǼȱŖǯřȱ˜ȱŖǯŜȱ–˜•Ȧ•ȱ˜ȱȬŠŒŽȬ
’•Œ’œŽ’—ŠȱǻŘŖŖȱ–Ȧ•Ǽǯȱ
¤•Œž•˜œȱŽȱ¤Œ’˜ȱø›’Œ˜ Žȱ ™žŽŽȱ •˜›Š›ȱ ž—Šȱ šž’–’˜•’œ’œȱ ™Ž›Œž¤—ŽŠȱ Œ˜—ȱ œ˜•žŒ’˜—Žœȱ Žȱ 
ȱ ˜ȱ
œ˜•žŒ’˜—ŽœȱŠ•ŒŠ•’—ŠœȱŽȱ‹’ŒŠ›‹˜—Š˜ȱŽȱœ˜’˜ǯȱ’—ȱŽ–‹Š›˜ǰȱŽ•ȱ›ŠŠ–’Ž—˜ȱ
ŽȱŽ•ŽŒŒ’à—ȱŽœȱ•Šȱšž’–’˜•’œ’œȱ˜›Š•ȱǻ™
ȱŽȱ˜›’—Šȱ˜‹“Ž’Ÿ˜ȱǁȱŜǰśǼǯȱ
¤•Œž•˜œȱŽȱ˜¡Š•Š˜ȱŒ¤•Œ’Œ˜ȱ ˜ȱ Ž¡’œŽ—ȱ œžœŠ—Œ’Šœȱ šž’–’˜•Ç’ŒŠœȱ ꜒˜•à’ŒŠ–Ž—Žȱ ø’•Žœȱ ™Š›Šȱ ’œ˜•ŸŽ›ȱ
¢ȱž›Š˜ȱŽȱŠ–˜—’˜ ::: 5

$!' *)a
Ra(%/$a
Qa$!(*'4.%.a*"a'0'%Q-*''%)a*-/$a
(aAIHBa!TIVAWSABA_C@Q

()' ()( hZK>K'1>h>dK

 >/d/^/^hZ/EZ/ >/d/^/^hZ/EZ/








 
 




!


GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG
 & 
 &
&
 &&
  #-$8-16
5&/"-&6E
3+'-+$16
=
%&
-"

—’—ŠŸ’› • ǁŘŖȱ––ȱǻřŖŖȱ––ŘǼDZȱ’›žÇŠȱŠ‹’Ž›Šȱ˜ȱȱǻŒ˜—ȱ
ȱœ’ȱŽ¡’œŽȱ•’’Šœ’œȱ›Žœ’žŠ•Ǽǯ
: • ǀŘŖȱ––DZȱ
ǯ
›’Š–Ž›Ž—˜ • Šȱž›ŽŽ›˜œŒ˜™ÇŠȱ̎¡’‹•ŽȱŒ˜—œ’ž¢Žȱž—ȱ›ŠŠ–’Ž—˜ȱŽęŒŠ£ȱ™Š›ŠȱŒ¤•Œž•˜œȱ›Ž—Š•Žœȱ›ŽȬ
œ’œŽ—ŽœȱŠȱ•Šȱ
ǯ
—’ŠŒ’˜œȱŒ˜—ȱ›’œ’•’ŒŠ˜ȱŽȱŠ—Žœ’˜ȱǻ’•’ŒŠ˜œǼȱ
• Ž™Ž—’Ž—˜ȱŽ•ȱŠ–ŠÛ˜ȱ¢ȱ•Šȱ•˜ŒŠ•’£ŠŒ’à—ǰȱ•Šȱ
ȱ¢ȱ•Šȱȱœ˜—ǰȱŠŒžŠ•–Ž—Žǰȱ
›’–Ž˜™›’–Ȭȱž•Š–Ž˜¡Š£˜• ™›˜ŒŽ’–’Ž—˜œȱŽȱ™›’–Ž›ŠȱŽ•ŽŒŒ’à—ȱ™Š›Šȱ•’˜œȱ›Ž—Š•Žœǯ
ȱȱȱȱ
—‘ǯȱŽȱŠ—’›ŠœŠȱŒŠ›‹à—’ŒŠȱ
#-$8-16
85&7&5"-&6
˜™’›Š–Š˜
• ǀśȱ––DZȱŽ¡™ž•œ’à—ȱŽœ™˜—¤—ŽŠȱǻŠ–œ˜•žœ’—Šǰȱ—’Ž’™’—˜ǰȱ›˜ŠŸŽ›’—ŠǼǯ
ž›˜œŽ–’Š
• śȱ Ȯȱ ŝȱ ––DZȱ ŠŒ’žȱ Ž¡™ŽŒŠ—Žȱ Œ˜—ȱ Ÿ’’•Š—Œ’Šȱ ŒŠŠȱ ŘȬřȱ œŽ–Š—Šœȱ ™˜›ȱ śȬŜȱ œŽ–Š—Šœǯȱ Œ˜—ȱ
’Š–’—ŠȱȱǻŽ¡ŒŽœ˜Ǽȱ ›Š’˜›ŠÇŠȱŽȱŠ‹˜–Ž—ǯȱ’ȱ—˜ȱœŽȱŽ¡™ž•œŠȱŽœ¤ȱ’—’ŒŠ˜ȱ›ŽŠ•’£Š›ȱž›ŽŽ›˜œŒ˜™ÇŠȱŒ˜—ȱ›ŠȬ
’Š–’—ŠȱȱǻŽ¡ŒŽœ˜Ǽȱ –Ž—ŠŒ’à—ȱ%)a.%/0ȱǻ–ŽŒ¤—’ŒŠȱ˜ȱ•¤œŽ›Ǽǰȱ˜ȱ
ǯ
Š¡Š—Žœȱ • ǁŝȱ––DZȱž›ŽŽ›˜œŒ˜™ÇŠȱŒ˜—ȱ›Š–Ž—ŠŒ’à—ǯ
• žŠ—˜ȱœŽȱŽŸ’ŠȱŽ•ȱŒŠ•Œ’˜ȱŽȱ•Šȱ’ŽŠȱŽ—ȱ›ŽŠ•’ŠȱœŽȱ’—Œ›Ž–Ž—ŽȱŽ•ȱ›’Žœ˜ȱȱŽȱ›ŽŒž››Ž—Œ’ŠȱŽȱ•Šȱ•’’Šœ’œǯ • Žœ’ŒŠ•Žœȱ¢ȱž›Ž›Š•ŽœDZȱŽ¡›ŠŒŒ’à—ȱ–Ž’Š—ŽȱŒ’›žÇŠȱŠ‹’Ž›Šȱȱ˜ȱŽ—˜œŒ˜™ÇŠȱ™›ŽŸ’ŠȱŠȱ›ŠȬ
–Ž—ŠŒ’à—ǯȱ
• ˜ȱœž™•Ž–Ž—˜œȱŽȱŒŠ•Œ’˜ȱœŽ›¤—ȱ–ŠœȱœŽž›˜œȱŒžŠ—˜ȱœŽȱŠ–’—’œ›Ž—ȱŒ˜—ȱ•ŠœȱŒ˜–’Šœǯ
• ˜œ’œȱŽ•ŽŸŠŠœȱŽȱ’ǯȱȱ™žŽŽ—ȱŠž–Ž—Š›ȱŽ•ȱ›’Žœ˜ȱŽȱ›ŽŒž››Ž—Œ’Šǯ
• •ȱŠǯȱŽȱ•Šȱ’ŽŠȱ™˜›ÇŠȱŠ¢žŠ›ȱȱŠȱ꓊›ȱŽ•ȱ˜¡Š•Š˜ȱŽ•ȱ’—Žœ’—˜ȱ¢ȱ’œ–’—ž’›ȱœžȱŠ‹œ˜›Œ’à—ǯ 





NO
GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG
• ž™•Ž–Ž—˜œȱŽȱ–Š—Žœ’˜ȱ™žŽŽ—ȱœŽȱ‹Ž—ŽęŒ’˜œ˜œȱŽ—ȱ•Šȱ›ŽžŒŒ’à—ȱŽȱ•˜œȱŒ¤•Œž•˜œǰȱŠž—šžŽȱœŽȱ•’–’Šȱœžȱžœ˜ȱ
::::5 /%+$"$+1/&6
• •ȱ™˜Šœ’˜ȱ¢ȱŽ•ȱ–Š—Žœ’˜ȱ™žŽŽ—ȱ›ŽœŠ‹•ŽŒŽ›ȱ•ŠœȱŒ˜—ŒŽ—›ŠŒ’˜—Žœȱž›’—Š›’ŠœȱŽȱǯȱ¢ȱŒ’›Š˜ȱŒ˜—ȱŽŽŒ˜œȱŒ˜Ȭ '5: ’˜œȱ›Ž—Š•ŽœȱǀŘȱŒ–ȱȱǻřŖŖȱ––(Ǽǯ
•ŠŽ›Š•Žœȱ’Žœ’Ÿ˜œȱ–Ç—’–˜œǯ (5: žŠ•šž’Ž›ȱ™’Ž›Šȱž›ŽŽ›Š•ȱŽ›Œ’˜ȱœž™Ž›’˜›ȱǻŽ¡ŒŽ™˜ȱŽȱŒ’œ’—Šȱ˜ȱŒžŠ•šž’Ž›ȱ›Š’˜•øŒ’Šȱ˜ȱšžŽȱ—˜ȱœŽȱ˜‹œŽ›ŸŽȱ
™˜›ȱȱ̞˜›˜œŒ˜™ÇŠȱ™˜›ȱ•’–’ŠŒ’˜—ŽœȱŠ—Šà–’ŒŠœǼǯ



 
 )5: ˜—ȱŽ—œ’ŠȱǀŞŖŖȱŠȱŗŖŖŖȱ
ǯ
GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG
ǻ
ǰȱž›ŽŽ›˜›Ž—˜œŒ˜™ÇŠȱǻǼǰȱ—Ž›˜•’˜˜–ÇŠȱ™Ž›Œž¤—ŽŠȱǻǼǰȱŒ’›žÇŠȱŠ‹’Ž›Šȱ˜ȱ•Š™Š›˜œŒà™’ŒŠǼ
1/75"+/%+$"$+1/&6







  



;ĐĂƵƐĂƐĚĞĐſůŝĐŽŶĞĨƌşƟĐŽĐŽŵƉůŝĐĂĚŽͿ '5: $::5

(5: –‹Š›Š£˜ǯ
'5: —ŽŒŒ’à—DZȱꎋ›ŽȱǁřŞķȱȱǻ’Ž•˜—Ž›’’œǼǯ )5: Ž™œ’œǯ
*5: ›Šœ˜›—˜œȱŽȱ•Šȱ‘Ž–˜œŠœ’ŠȱǻŒ˜Šž•ŠŒ’à—ǼǯȘ
(5: ‹œ›žŒŒ’à—ȱž›’—Š›’Šȱ™Ž›œ’œŽ—ŽȱŽȱ‘’›˜—Ž›˜œ’œȱœŽŸŽ›Šǯ
+5: $::: 57
)5: ‹œ›žŒŒ’à—ȱŒ˜—ȱŒ˜–™›˜–’œ˜ȱŽȱ•Šȱž—Œ’à—ȱ›Ž—Š•ǯ ,5: •Ž›ŠŒ’˜—ŽœȱŽ•ȱ›’–˜ȱŒŠ›’ŠŒ˜ǰȱ–Š›ŒŠ™Šœ˜œǯȘ
*5: : : : : : : : : : Ȭ

 

–’Ž—˜ȱȱŒ˜››ŽŒ˜ǯ
'5:
’™Ž›Ž—œ’à—ȱŽœŒ˜—›˜•ŠŠǯ
+5: —œžęŒ’Ž—Œ’Šȱ›Ž—Š•ȱ™›ŽŸ’Šǯ
(5: —Žž›’œ–ŠȱŠà›’Œ˜ȱ˜ȱŽȱŠ›Ž›’Šœȱ›Ž—Š•Žœǯ
,5: ˜—˜››Ž—˜ȱ˜ȱž›˜™ŠÇŠȱ˜‹œ›žŒ’ŸŠȱ‹’•ŠŽ›Š•ǯ )5: •Ž›ŠŒ’à—ȱ –Ž—Š•ȱ ǻšžŽȱ —˜ȱ ™Ž›–’Šȱ •Šȱ Œ˜˜™Ž›ŠŒ’à—ȱ ž›Š—Žȱ Ž•ȱ ™›˜ŒŽ’Ȭ
-5:
Ž–Šž›’Šȱ’–™˜›Š—Žǯ –’Ž—˜Ǽǯ
.5: ’’Šœ’œȱ–Š¢˜›ȱŽȱŝȬŗŖȱ––ǯ *5: ‹Žœ’Šȱ›ŠŸŽȱǻ™Žœ˜ȱǁŗśŖȱ”Ǽǯ
+5: Ž˜›–’ŠŽœȱ˜›˜™·’ŒŠœȱ˜ȱŽœ™’—Š•ŽœǯȱŽŒ˜™ÇŠȱ›Ž—Š•ȱ˜ȱ–Š•˜›–ŠŒ’˜—Žœǯ
:
—ȱ•˜œȱŒ¤•Œž•˜œȱŒ˜—ȱž—ȱ’¤–Ž›˜ȱœž™Ž›’˜›ȱŠȱŝȬŗŖȱ––ȱŽœ¤ȱ’—’ŒŠŠȱ•ŠȱŽ¡›ŠŒŒ’à—ȱ™˜›ȱ™˜ŒŠœȱ™˜œ’‹’•’ŠŽœȱŽȱŽ¡™ž•Ȭ
$: 5 ])a'#0)a'%/!-/0-a.0!'!a.!-a*).% !- .a!'/%1.

()) ()* hZK>K'1>h>dK

 >/d/^/^hZ/EZ/ >/d/^/^hZ/EZ/

&ĂĐƚŽƌĞƐƋƵĞŝŶŇƵLJĞŶĞŶůŽƐƌĞƐƵůƚĂĚŽƐĞdžŝƚŽƐŽƐĚĞůĂ>K,  
NO



GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG
• ꌊŒ’ŠȱŽ•ȱ•’˜›’™˜›ǯ
• ȱŠ–ŠÛ˜ȱŽ•ȱ•’˜DZȱŽ•ȱ•Ç–’Žȱœž™Ž›’˜›ȱ™›¤Œ’Œ˜ȱŽœȱŘŖȱ––ǯȱ¤•Œž•˜œȱǂȱŘŖȱ––ȱŽŽŒ’Ÿ’ŠȱŽ•ȱ 






ŜŜȬşşƖǰȱŽ—ȱǁȱŘŖȱ––ȱŽȱŚśȬŜŖƖǯȱ¤•Œž•˜ȱǁŘŖȱ––ǰȱ•Šȱ˜™Œ’à—ȱŽœȱǰȱ™Š›ŠȱǁŚŖ¡řŖȱ––ȱǻŗǯŘŖŖȱ
• Šȱ •’˜›’Œ’Šȱ ’—›ŠŒ˜›™à›ŽŠȱ Ž—˜œŒà™’ŒŠȱ ™žŽŽȱ ›ŽŠ•’£Š›œŽȱ –Ž’Š—Žȱ •’˜›’Œ’Šȱ •¤œŽ›ȱ
––ŘǼǰȱ•Šȱ–Ž“˜›ȱ˜™Œ’à—ȱŽœȱ•ŠȱŒ˜–‹’—ŠŠȱŒ˜—ȱȱ¢ȱ
ȱǻŽœ›ŠŽ’ŠȱŽ—ȱ\.) 2%$ȄǼȱŒ˜—ȱ
ǻ
˜DZ Ǽǰ‹Š•Çœ’ŒŠȱǻ—Žž–¤’ŒŠǼǰȱž•›Šœà—’ŒŠȱ¢ȱŽ•ŽŒ›˜‘’›¤ž•’ŒŠǯ
ŠœŠœȱŽȱ·¡’˜ȱŽ•ȱŝŗȱƖȬşŜȱƖǯ
• ˜œȱ ž›ŽŽ›˜œŒ˜™’˜œȱ ̎¡’‹•Žœȱ Ž‹Ž—ȱ ’—›˜žŒ’›œŽȱ Šȱ ›ŠŸ·œȱ Žȱ ž—Šȱ Œ¤—ž•Šȱ Žȱ ŠŒŒŽœ˜ȱ
• ˜ŒŠ•’£ŠŒ’à—ȱŽȱ•Šȱ–ŠœŠȱ•’’¤œ’ŒŠȱǻ™·•Ÿ’ŒŠȱ˜ȱŒŠ•’Œ’Š•ǼDZȱ•ŠȱŽ•’–’—ŠŒ’à—ȱŽȱ•˜œȱž‹’ŒŠ˜œȱŽ—ȱŒ¤•’ŒŽœȱ
ž›ŽŽ›Š•ǰȱŠž—šžŽȱŽ—ȱ–Š—˜œȱŽ¡™Ž›Šœȱ™žŽŽȱ™ŠœŠ›œŽȱ’›ŽŒŠ–Ž—Žǯ
’—Ž›’˜›ŽœȱŽœȱ–Ž—˜›ȱšžŽȱ•ŠȱŽȱ˜›Šœȱ™Š›ŽœȱŽ•ȱ›’Ûà—ǯȱȱ•ŠȱŽ•ȱ™˜•˜ȱœž™Ž›’˜›ȱŽœȱ–¤œ: :
:::5: • ˜œȱŒ¤•Œž•˜œȱ¢ȱ›Š–Ž—˜œȱ™ŽšžŽÛ˜œȱœŽȱŽ¡›ŠŽ—ȱ–Ž“˜›ȱŒ˜—ȱž—ŠȱŒŠ—Šœ’••Šȱ˜ȱŒ˜—ȱ™’—£Šœǯ
• ˜–™˜œ’Œ’à—ȱ ¢ȱ ž›Ž£Šȱ Žȱ •˜œȱ Œ¤•Œž•˜œDZȱ •˜œȱ Žȱ ¤Œ’˜ȱ ø›’Œ˜ȱ ¢ȱ ˜¡Š•Š˜ȱ Œ¤•Œ’Œ˜ȱ ’‘’›ŠŠ˜ȱ • ŠȱŒ˜•˜ŒŠŒ’à—ȱŽȱž—ŠȱŽ—˜™›àŽœ’œȱǻ˜‹•ŽȱǼȱŠ•ȱꗊ•ȱŽ•ȱ™›˜ŒŽ’–’Ž—˜ȱŽœȱ˜™Œ’˜—Š•ȱ
’Ž—Ž—ȱ–Ž“˜›ŽœȱŠœŠœȱŽȱ)%
/řŞƖȬŞŗƖǼȱšžŽȱ•˜œȱŽȱ˜¡Š•Š˜ȱ–˜—˜‘’›ŠŠ˜ȱ¢ȱŒ’œ’—ŠȱǻŜŖȬŜřȱ ¢ȱ’œŒž’‹•Žǯ
ƖǼDzȱ—˜ȱœŽȱ›ŽŒ˜–’Ž—ŠȱŽ—ȱ–˜—˜Ž›Š™’ŠȱŽ—ȱŒ¤•Œž•˜œȱŽȱŒ’œ’—Šȱǁŗśȱ––ǯȱ˜œȱŒ¤•Œž•˜œȱŒ˜—ȱž—Šȱ • —ŽœȱŽȱ•Šȱž›ŽŽ›˜œŒ˜™ÇŠǰȱŠ›ȱ™›˜ę•Š¡’œȱŠ—’‹’à’ŒŠȱ™Š›ŠȱŠ›Š—’£Š›ȱž—Šȱ˜›’—ŠȱŽœ·›’•ǯ
Ž—œ’Šȱ–Ž’ŠȱǁȱŗǯŖŖŖȱ
ȱ’Ž—Ž—ȱ–Ž—˜œȱ™›˜‹Š‹’•’ŠŽœȱŽȱ’œ›ŽŠ›œŽǯ • ˜ȱŽ‹Žȱ›ŽŠ•’£Š›œŽȱ•ŠȱŽ¡›ŠŒŒ’à—ȱŽ•ȱŒ¤•Œž•˜ȱœ’—ȱœžȱŒ˜››ŽŒŠȱŸ’œžŠ•’£ŠŒ’à—ǯ
•
‹’˜ȱ Œ˜›™˜›Š•ȱ Ž•ȱ ™ŠŒ’Ž—ŽDZȱ –Š•˜›–ŠŒ’˜—Žœȱ Ž•ȱ œ’œŽ–Šȱ Œ˜•ŽŒ˜›ȱ ›Ž—Š•ȱ ™žŽŽ—ȱ ’—Ȭ
žŒ’›ȱ•Šȱ˜›–ŠŒ’à—ȱŽȱŒ¤•Œž•˜œȱ™˜›ȱŠ•Ž›Š›ȱŽ•ȱ–ŽŒŠ—’œ–˜ȱŽȱŽ•’–’—ŠŒ’à—ȱŽȱ˜›’—ŠǯȱŠȱ
˜‹Žœ’ŠȱǻȱǁřŖǼȱ’Ž—Žȱ™Ž˜›Žœȱ›Žœž•Š˜œȱšžŽȱ•˜œȱ™ŠŒ’Ž—Žœȱœ’—ȱ˜‹Žœ’ŠǯȱŽ‹’˜ȱŠȱ 


!


ž—Šȱ™Ž˜›ȱ’Ž—’ęŒŠŒ’à—ȱŽ•ȱŒ¤•Œž•˜ȱŽ—ȱ•Šœȱ›Š’˜›ŠÇŠœȱ¢ȱ•ŠȱŽŒ˜›ŠÇŠȱ¢ȱž—ȱŠž–Ž—˜ȱŽȱ
•Šȱ’œŠ—Œ’Šȱ™’Ž•ȬŒ¤•Œž•˜ǯȱ     
• —˜™›àŽœ’œȱǻŒŠ·Ž›ȱ˜‹•ŽȱǼDZȱœŽȱ›ŽŒ˜–’Ž—ŠȱŽ—ȱ•’˜œȱǃȱŘŖȱ––ȱǻDžřŖŖȱ––ŘǼȱž‹’ŒŠ˜œȱ ›ŽŽ›˜œŒ˜™’˜ Ž–’›Ç’˜œDZȱ’Ž—Ž—ȱ’¤–Ž›˜œȱŽ—ȱ•Šȱ™ž—ŠȱŽȱśȬŝǯśȱ›ǰȱŘȱŒŠ—Š•Žœȱ™Š›Šȱ’—œ›ž–Ž—Ȭ
Ž—ȱŽ•ȱ›’Ûà—ǯ ŠŒ’à—ȱǻřǯŝȱ›ȱŠȱŘǯŖȱ›Ǽȱ¢ȱŗȱŒŠ—Š•ȱ™Š›Šȱ’››’ŠŒ’à—ȱŽȱžœ˜ȱœ’–ž•¤—Ž˜ǯȱŽ›–’Ž—ȱ
• žŽ—Šœȱ™›¤Œ’ŒŠœȱŽ—ȱ•Šȱ›ŽŠ•’£ŠŒ’à—ȱŽȱ•Šȱ
DZ ž—Šȱ™›˜›Žœ’à—ȱœŽž›Šȱ‘ŠœŠȱŽ•ȱž›·Ž›ȱ™›˜¡’–Š•ǯȱŽŠ•Žœȱ™Š›Šȱ•’˜œȱŽ—ȱŽ›Œ’˜ȱ
5
• Œ˜™•Š–’Ž—˜ȱŠŒøœ’Œ˜ȱŠŽŒžŠ˜ȱŽ—›Žȱ•Šȱ‹ž›‹ž“ŠȱŽȱŠžŠȱŽ•ȱŒŠ‹Ž£Š•ȱ¢ȱ•Šȱ™’Ž•ȱŽ•ȱ
™ŠŒ’Ž—Žǯȱ•ȱŠŒ˜™•Š–’Ž—˜ȱ›ŽžŒŽȱ•Šȱ›Š–Ž—ŠŒ’à—ȱŽȱŘŖȱŠȱŚŖȱƖǯ •Ž¡’‹•ŽœDZȱ ǻşǯŞȱ Šȱ ŝǯŖȱ ›Ǽȱ šžŽȱ ™Ž›–’Ž—ȱ Š—ž•ŠŒ’à—ȱ Ž—ȱ Śȱ ’›ŽŒŒ’˜—Žœǰȱ ŽĚŽŒŒ’à—ȱ
‘ŠœŠȱȱŗŜŖȬŗŞŖǚDzȱžœ˜ȱœ’–ž•¤—Ž˜ȱŽȱ’—œ›ž–Ž—Š•ȱŠŒŒŽœ˜›’˜ȱŽ—ȱž—ȱŒŠ—Š•ȱœ˜•˜ȱ
• ˜—›˜•ȱ–’—žŒ’˜œ˜ȱŽ•ȱ˜•˜›ȱ™Š›Šȱ•’–’Š›ȱ•˜œȱ–˜Ÿ’–’Ž—˜œȱ¢ȱ•˜œȱ–˜Ÿ’–’Ž—˜œȱ›ŽœȬ
™Š›Šȱ’—œ›ž–Ž—ŠŒ’à—ȱǻřǯŖȱ›ȱŠȱŗǯŜȱ›ǼǯȱŽŒžŠ˜œȱ™Š›ŠȱŠŒŒŽŽ›ȱŠȱ•Šȱ™Š›Žȱ
™’›Š˜›’˜œȱŽ¡ŒŽœ’Ÿ˜œǯ
œž™Ž›’˜›ȱŽ•ȱž›·Ž›ȱ¢ȱ•˜œȱœ’œŽ–ŠœȱŒ˜•ŽŒ˜›Žœǯ
• Š›Šȱ–Ž“˜›Š›ȱ•Šȱ›Š–Ž—ŠŒ’à—ȱŽȱ•˜œȱŒ¤•Œž•˜œȱ¢ȱ™›ŽŸŽ—’›ȱ•Šȱ•Žœ’à—ȱ›Ž—Š•ǰȱœŽȱ›ŽŠ•’£Šȱ
ž—ȱŠž–Ž—˜ȱŽœŒŠ•˜—Š˜ȱŽȱ•Šȱ™˜Ž—Œ’Šǯ ’˜›Ç™˜›Žœ Š•Çœ’Œ˜œȱǻ—Žž–¤’Œ˜œȱ˜ȱŽ•ŽŒ›˜—Žž–¤’Œ˜œǼȱø’•ŽœȱŒ˜—ȱž›ŽŽ›˜œŒ˜™’˜ȱœŽ–’››ÇȬ
’˜ǯȱžŽ—ŠœȱŠœŠœȱŽȱ›Š–Ž—ŠŒ’à—ȱǻşŖȬşŜƖǼǯȱŽ—Š“ŠœDZȱ‹Š“˜ȱŒ˜œ˜ȱ¢ȱ–Š—’Ȭ
• Šȱ›ŽŒžŽ—Œ’Šȱà™’–ŠȱŽȱ•Šœȱ˜—ŠœȱŽȱŒ‘˜šžŽȱŽœȱŽȱŗǯŖȱ
£ǯ
™ž•ŠŒ’à—ȱœŽ—Œ’••Šȱ¢ȱœŽž›ŠǯȱŠȱ–’›ŠŒ’à—ȱŽ•ȱŒ¤•Œž•˜ȱž›Š—Žȱ•Šȱ•’˜›’Œ’ŠȱŽœȱ
• —ȱŒŠœ˜ȱŽȱŒ¤•Œž•˜œȱ’—ŽŒŒ’˜œ˜œȱ˜ȱ‹ŠŒŽ›’ž›’ŠǰȱŽ‹Ž—ȱŠ–’—’œ›Š›œŽȱŠ—’‹’à’Œ˜œȱ™›ŽŸ’˜œȱ 5
¢ȱŒ˜—’—žŠ›œŽȱ™˜›ȱŚȱÇŠœȱŽœ™ž·œȱŽ•ȱ›ŠŠ–’Ž—˜ǯ
•›Šœà—’Œ˜DZȱž’•’£Šȱ•Šȱ›Š—œ˜›–ŠŒ’à—ȱŽȱ•ŠȱŽ—Ž›’ŠȱŽ•·Œ›’ŒŠȱŽ—ȱ˜—ŠœȱŽȱȱž•›ŠȬ
ǯȱž›”ǰȱǯȱ —˜••ǰȱǯȱŽ›’”ǰȱ ǯȱŠ›’ŒŠǰȱǯȱŽ’ĵǰȱǯȱ›Šž‹ǰȱǯȱ›Š¡Ž›ǯȱ žÇŠȱŒ•Ç—’ŒŠȱœ˜‹›Žȱ•Šȱž›˜•’’Šœ’œǯȱž›˜™ŽŠ—œœ˜Œ’Š’˜—ȱ˜ȱ›˜•˜¢ȱŘŖŗŖ
œ˜—’˜œȱǻŠȱž—Šȱ›ŽŒžŽ—Œ’ŠȱŽȱŘřǰŖŖŖȬŘŝǰŖŖŖȱ
£ǼǯȱŠœȱ˜—ŠœȱŽȱž•›Šœ˜—’˜œȱ
œŽȱ›Š—œ–’Ž—ȱŠȱ•˜ȱ•Š›˜ȱŽȱ•Šȱœ˜—Šȱ–Ž¤•’ŒŠȱ‘žŽŒŠȱ™Š›ŠȱŒ›ŽŠ›ȱž—ŠȱŠŒŒ’à—ȱ
Ÿ’‹›Š—ŽȱŽ—ȱœžȱŽ¡›Ž–˜ȱǻž›ŽŽ›˜œŒ˜™’˜ȱ˜ȱ—Ž›˜œŒ˜™’˜ȱ›Ç’˜Ǽǯ
1.3-+$"$+1/&6
%&
-"
 •ŽŒ›˜‘’›¤ž•’Œ˜DZȱŠȱŽœŒŠ›ŠȱŽ•·Œ›’ŒŠȱœŽȱ›Š—œ–’ŽȱŠȱ•Šȱœ˜—ŠǰȱŽ—ȱŒž¢Šȱ™ž—Šȱ
Ž—Ž›Šȱž—ŠȱŒ‘’œ™Šǯȱ•ȱŒŠ•˜›ȱ’—Ž—œ˜ȱšžŽȱœŽȱ™›˜žŒŽȱŽ—ȱ•Šȱ£˜—Šȱ’—–Ž’ŠŠȱŽ—ȱ
ϭ͘ ˜–™•’ŒŠŒ’˜—ŽœȱŽȱ•ŠȱŠ—ŽœŽœ’ŠǰȱœŽŠŒ’à—ȱ˜ȱŠ—’‹’à’Œ˜œǯ ˜›—˜ȱŠȱ•Šȱ™ž—Šȱ™›˜Ÿ˜ŒŠȱž—Šȱ‹ž›‹ž“ŠȱŽȱŒŠŸ’ŠŒ’à—ǰȱ•˜ȱšžŽȱŽ—Ž›Šȱž—Šȱ˜—Šȱ
Ϯ͘ ŗƖȱŽȱ•˜œȱ™ŠŒ’Ž—ŽœȱŽœŠ››˜••Š›¤ȱž—ȱ‘Ž–Š˜–ŠȱŒ˜—ȱœ’—’ęŒŠ—Œ’ŠȱŒ•Ç—’ŒŠǯ ŽȱŒ‘˜šžŽȱšžŽȱœŽȱ’››Š’ŠȱŽœ·›’ŒŠ–Ž—ŽȱŽ—ȱ˜Šœȱ’›ŽŒŒ’˜—Žœǯ
ϯ͘ ˜•˜›ȱŽ—ȱŽ•ȱśȱŠȱŘśƖȱ™›ŽœŽ—Šȱ˜•˜›ȱŠ•ȱ™Šœ˜ȱŽȱ•˜œȱ•’˜œȱ›Š–Ž—Š˜œǯ ¤œŽ›ŽœDZȱ
˜DZ DZȱ
˜•–’˜DZȱ’›’˜ȬŠ•ž–’—’˜Ȭ›Š—ŠŽDZȱ’ŽŠ•ȱ™Š›Šȱ›Š–Ž—Š›ȱ•’˜œȱ
ϰ͘ ’Ž‹›Žȱ˜ȱœŽ™œ’œȱŽȱ˜›’Ž—ȱž›’—Š›’˜ǰȱŽ‹’˜ȱŠȱ’ęŒž•ŠŽœȱ™Š›ŠȱŽ¡™ž•œŠ›ȱ•Šœȱ Œ˜—ȱ ’—Ž™Ž—Ž—Œ’Šȱ Žȱ œžȱ ž›Ž£Šǯȱ ·˜˜ȱ Žȱ Ž•ŽŒŒ’à—ȱ ™Š›Šȱ ž›ŽŽ›˜œŒ˜™ÇŠȱ
":5 ̎¡’‹•Žǯȱ Šȱ •’˜›’Œ’Šȱ Œ˜—ȱ
˜DZ ȱ ’Ž—Žȱ –Ž“˜›Žœȱ ›Žœž•Š˜œȱ Šȱ řȱ –ŽœŽœȱ šžŽȱ
•Šȱ—Žž–¤’ŒŠȱǻşŝȱƖȱŸœȱŞŝȱƖǼǯȱDZ Ž˜’–’˜DZ’›’˜ȬŠ•ž–’—’˜Ȭ›Š—ŠŽǯȱŠȱ
ϱ͘ ŘȬŜƖȱ‹œ›žŒŒ’à—ȱ™˜›ȱ•’˜œǯ ŽęŒŠŒ’ŠȱŽ•ȱ
˜DZ ȱŽœȱœž™Ž›’˜›ȱŠȱ•ŠȱŽ•ȱDZ ȱ™Š›Šȱ˜˜ȱ’™˜ȱŽȱŒ¤•Œž•˜œǰȱ
Œ˜—ȱ’—Ž™Ž—Ž—Œ’ŠȱŽȱœžȱž‹’ŒŠŒ’à—ȱ¢ȱŒ˜–™˜œ’Œ’à—ǯ
—ȱ•˜œȱ™ŠŒ’Ž—Žœȱ™›˜›Š–Š˜œȱ™Š›Šȱ
ȱ™˜›ȱŒ¤•Œž•˜œȱǁŘŖȱ––ȱǽǁȱřŖŖȱ––(ǾȱŽ‹ŽȱŒ˜•˜ŒŠ›œŽȱž—ŠȱŽ—˜™›àŽœ’œȱ Š—Šœ’••Šœȱ ¢ȱ ™’—5 ŠœȱŽȱ—’’—˜•ȱ™›ŽœŽ›ŸŠ—ȱ•ŠȱŽĚŽ¡’à—ȱŽȱ•Šȱ™ž—ŠȱŽȱ•˜œȱž›ŽŽ›˜œŒ˜™’˜œȱ̎¡’‹•Žœȱ
’—Ž›—Šȱ™Š›ŠȱŽŸ’Š›ȱ•˜œȱ™›˜‹•Ž–Šœȱ›Ž•ŠŒ’˜—Š˜œȱŒ˜—ȱž—Šȱȃ''!a!(+! - Ȅǯ £Šœȱ™Š›ŠȱŽŸ’Š›ȱ›Ž5 ¢ȱŽ•ȱ’œŽÛ˜ȱœ’—ȱ™ž—Šȱ›ŽžŒŽȱŽ•ȱ›’Žœ˜ȱŽȱ•Žœ’à—ȱ–žŒ˜œŠǯȱ˜—ȱ–¤œȱŸž•—Ž›ŠȬ
›˜™ž•œ’à—ȱ : : : : : 5: ’’ȱ ǻ:,0!'a V%Wa %/)%*a V%Wa 1'a
Ž–’—œȱǰȱ›˜Œ”ȱǰȱŠ•ŠŠȱǯȱ‘ŽȱŽěŽŒȱ˜ȱœ‘˜Œ”ȱ ŠŸŽȱ›ŠŽȱ˜—ȱ‘Žȱ˜žŒ˜–Žȱ˜ȱœ‘˜Œ”ȱ ŠŸŽȱ•’‘˜›’™œ¢DZȱ
- ))a!*-/*-4Ǽǯ
a(!/_)'4.%.Qa
a-*'aB@@HTAGISAID`aGTa %.0..%*)aAIGQ

()+ (), hZK>K'1>h>dK

 >/d/^/^hZ/EZ/ >/d/^/^hZ/EZ/

Š–’œŠœȱŽȱŠŒŒŽœ˜ȱ •ȱžœ˜ȱŽȱž›ŽŽ›˜œŒ˜™’˜œȱŽ•Š˜œȱ‘Šȱ’œ–’—ž’˜ȱŽ•ȱžœ˜ȱŽȱ•Šȱ’•ŠŠŒ’à—ȱǻŖȬŚŖƖǼǯ 3$+1/&6
%&
75"7".+&/71
3"5"
-+716
315
316+$+2/

ž›ŽŽ›Š• ŠœȱŒŠ–’œŠœȱŽȱŠŒŒŽœ˜ȱ’Ž—Žȱž—ȱ’¤–Ž›˜ȱŽȱşȬŗŜȱ›ǯȱžȱž’•’ŠȱŠŽ–¤œȱŽȱ›ŽȬ
žŒ’›ȱ •Žœ’˜—Žœȱ ž›ŽŽ›Š•Žœȱ Žœȱ ›ŽžŒ’›ȱ Ž•ȱ ’Ž–™˜ȱ šž’›ø›’Œ˜ȱ Ž—ȱ Ž•ȱ ŒŠœ˜ȱ Žȱ ŒŠ›Šœȱ
ĚĞůƵƌĠƚĞƌLJƉƌĞƐĞŶĐŝĂŽŶŽĚĞŽďƐƚƌƵĐĐŝſŶ
•’’¤œ’ŒŠœȱŽ•ŽŸŠŠœǰȱ˜›ŠȱŸŽ—Š“ŠȱŒ˜—œ’œŽȱŽ—ȱ–Š—Ž—Ž›ȱž—ȱœ’œŽ–ŠȱŽȱ’››’ŠŒ’à—ȱŠȱ     6  6 
‹Š“Šȱ™›Žœ’à—ȱ–Ž’Š—Žȱž—ȱ̞“˜ȱŒ˜—’—ž˜ȱ™˜›ȱ•ŠȱŒ¤—ž•Šǯȱ
›·Ž›ȱ™›˜¡’–Š•ȱ 
ȱ Š·Ž›ȱ—Ž›˜œ˜–ÇŠȱ
ǯȱž›”ǰȱǯȱ —˜••ǰȱǯȱŽ›’”ǰȱ ǯȱŠ›’ŒŠǰȱǯȱŽ’ĵǰȱǯȱ›Šž‹ǰȱǯȱ›Š¡Ž›ǯȱ žÇŠȱŒ•Ç—’ŒŠȱœ˜‹›Žȱ•Šȱž›˜•’’Šœ’œǯȱ  $
0-*+!)a
..*%/%*)a*"a-*'*#4aB@A@




NĂƚĠƚĞƌĚŽďůĞ:O ›·Ž›ȱ–Ž’˜ȱ 

Š·Ž›ȱ—Ž›˜œ˜–ÇŠȱ
GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG
 $
ŠȱŒ˜•˜ŒŠŒ’à—ȱŽȱŽ—˜™›àŽœ’œȱŽœ™ž·œȱŽȱž—Šȱȱ—˜ȱŒ˜–™•’ŒŠŠȱŽœȱ˜™Œ’˜—Š•ȱǻ DZȱŗŠȱǼ



—’ŒŠŒ’˜—Žœ:::$::$::::6
›·Ž›ȱ’œŠ• 
Š·Ž›ȱ—Ž›˜œ˜–ÇŠȱ
• Žœ’à—ȱž›ŽŽ›Š•ǯ
 $
• ::::::$5

• ’Ûà—ȱø—’Œ˜ǯ


• —œžęŒ’Ž—Œ’Šȱ›Ž—Š•ǯ
• Š›Šȱ•’’¤œ’ŒŠȱ›Žœ’žŠ•ȱŽ•ŽŸŠŠǯ *''!4a
Qa*).!).0.a*"a'%/$*/-%+/*-a/!-(%)*'*#4Q*-' a
a-*'aAIICTAAVAWSCG_DBQ

˜–™•’ŒŠŒ’˜—Žœ:::$:6

• ’›ŠŒ’à—ȱŽȱ•ŠȱŽ—˜™›àŽœ’œǯ /%+$"$+1/&6
3"5"

• $:5 '5: žŠ•šž’Ž›ȱ•’˜ȱž›ŽŽ›Š•ȱǻŽ›Œ’˜ȱ™›˜¡’–Š•ǰȱ–Ž’˜ȱ˜ȱ’œŠ•Ǽǯ
• ž™ž›Šǯ (5: ’˜œȱ›Ž—Š•ŽœȱǀŘȱŒ–ǯȱǻ̎¡’‹•ŽǼǯ
• $5 )5: ’’Šœ’œȱ›Žœ’žŠ•ȱ™˜œȱ
ǯȱǻ̎¡’‹•ŽǼǯ
• $5 *5: ’Ž›ŠœȱŽȱ›’Ûà—ȱ˜ȱž›·Ž›ȱŽ—ȱŒŠœ˜œȱŽDZ
5: –‹Š›Š£˜ǯ
ŠȱŒ˜•˜ŒŠŒ’à—ȱŽȱŽ—˜™›˜Žœ’œȱŠž–Ž—ŠȱŽ•ȱŒ˜œ˜ȱ•˜‹Š•ȱŽȱ•Šȱǰȱ™žŽœȱŠȱ–Ž—˜œȱšžŽȱœŽȱŠŒ˜™•Žȱž—ŠȱŒžŽ›ŠȱŽȱ 5: ’¤Žœ’œȱ‘Ž–˜››¤’ŒŠǯ
›ŠŒŒ’à—ȱŠ•ȱŽ¡›Ž–˜ȱ’œŠ•ȱŽȱ•ŠȱŽ—˜™›àŽœ’œǰȱœŽȱ™›ŽŒ’œŠȱž—ŠȱŒ’œ˜œŒ˜™ÇŠȱœŽŒž—Š›’Šȱ™Š›Šȱ›Ž’›Š›•Šǯ
5: —ȱŽ•ȱ™˜•˜ȱ’—Ž›’˜›ǰȱ–Ž—˜›ŽœȱŽȱŗȱŒ–ȱǁŞŖŖȱȬŗŖŖŖȱ—’ŠŽœȱ
˜ž—œęŽ•ȱǻ™˜›ȱ
ǯȱž›”ǰȱǯȱ —˜••ǰȱǯȱŽ›’”ǰȱ ǯȱŠ›’ŒŠǰȱǯȱŽ’ĵǰȱǯȱ›Šž‹ǰȱǯȱ›Š¡Ž›ǯȱ žÇŠȱŒ•Ç—’ŒŠȱœ˜‹›Žȱ•Šȱž›˜•’’Šœ’œǯȱž›˜™ŽŠ—œœ˜Œ’Š’˜—ȱ˜ȱ›˜•˜¢ȱŘŖŗŖ
Ž“Ž–™•˜DZȱŒ’œ’—Šǰȱ˜¡Š•Š˜ȱŽȱŒŠ•Œ’˜ȱ–˜—˜‘’›ŠŠ˜Ǽǯ
5: ’Ž›ŠœȱŒ˜—ȱ’œŠ—Œ’Šȱ™’Ž•ȱ•’˜ȱ–Š¢˜›ŽœȱŽȱŗŖȱŒ–ǯ
5: ȱ–Š¢˜›ȱŽȱřŖȱȱ”Ȧ–Řǯ

 +5: ˜–™•Ž¡’à—ȱŠ—Šà–’ŒŠȱ’ÇŒ’•ǯ
GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG
ŠȱŒŠ••Žȱ•’’¤œ’ŒŠȱ˜ȱŒ˜•ž–—ŠȱŽȱ›Š–Ž—˜œȱŽ—ȱŽ•ȱž›·Ž›ȱŽœȱž—ŠȱŠŒž–ž•ŠŒ’à—ȱŽȱŠ›Ž—’••ŠȱšžŽȱ—˜ȱœŽȱŽœ™•Š£Šȱž›Š—Žȱ
ž—ȱ™Ž›Ç˜˜ȱ›Š£˜—Š‹•Žȱ¢ȱšžŽȱ’ęŒž•ŠȱŽ•ȱ™Šœ˜ȱŽȱ•Šȱ˜›’—Šǯȱžȱ›ŽŒžŽ—Œ’Šȱ‘Šȱ’œ–’—ž’˜ȱŒ˜—ȱŽ•ȱžœ˜ȱŽȱŽ—˜™›àŽœ’œȱ
ž›ŽŽ›Š•Žœȱ’—Ž›—ŠœȱŠ—ŽœȱŽȱ•Šȱ
ȱŽ—ȱŒ¤•Œž•˜œȱ›Ž—Š•Žœȱ›Š—Žœǯ 1.3-+$"$+1/&6
%&
-"

0
Žœ’à—ȱŽȱ•Šȱ–žŒ˜œŠȱ řŖȱƖ
0
Ž›˜›ŠŒ’à—ȱž›ŽŽ›Š•ȱ ŗśƖ
0

Ž–˜››Š’Šȱž›ŽŽ›Š•ȱ ŗŖƖ
0
¡›ŠŸŠœŠŒ’à—ȱȱ śƖ
0
: : (5+0
0
$: : (+0

()- (). hZK>K'1>h>dK

 >/d/^/^hZ/EZ/ >/d/^/^hZ/EZ/

^ĞŐƷŶůĂ'ƵşĂƵƌŽƉĞĂůĂƐĐŽŵƉůŝĐĂĐŝŽŶĞƐĚĞůĂhZ^ƐŽŶůĂƐƐŝŐƵŝĞŶƚĞƐ Ž‹Žȱ›ŽŠ•’£Š›œŽȱ›Š’˜›ŠÇŠȱœ’–™•Žǰȱ-*#-":a )/-1!)*.ȱǻǼȱ˜ȱ*(*#-":a*(+0/-%5 ȱǻǼȱŠ—ŽœȱŽȱ•Šȱ’—Ž›Ȭ

ŸŽ—Œ’à—ȱ™Š›ŠDZ
ŗǯȱŽ™œ’œǯ
• ŽŽ›–’—Š›ȱŽ•ȱ–Ž“˜›ȱ•žŠ›ȱŽȱŠŒŒŽœ˜ȱ¢ȱ•Šȱ™˜œ’Œ’à—ȱŽ•ȱŒ¤•Œž•˜ȱŽ—ȱŽ•ȱ›’Ûà—ȱǻŠ—Ž›’˜›ȱ˜ȱ™˜œŽ›’˜›Ǽǯ
ŘǯȱŠ••Žȱ•’ÇŠœ’ŒŠǯ
• Š›Š—’£Š›ȱšžŽȱ•˜œȱȱŠ¢ŠŒŽ—ŽœȱŠ•ȱ›’Ûà—ȱ™˜›ȱŽ“Ž–™•˜ǰȱ‹Š£˜ǰȱ‘ǐŠ˜ǰȱ’—Žœ’—˜ȱ›žŽœ˜ǰȱ™•Žž›Šȱ˜ȱ™ž•Ȭ
)5:5
–˜—Žœȱ—˜ȱœŽȱŽ—ŒžŽ—›Š—ȱŽ—›˜ȱŽ•ȱ›Š¢ŽŒ˜ȱ™Ž›Œž¤—Ž˜ȱ™›ŽŸ’œ˜ǯ
ŚǯȱŽœ’à—ȱž›ŽŽ›Š•ǯ
śǯȱ—ŽŒŒ’à—ŽȱŸÇŠœȱž›’—Š›’ŠœȱǻǼǯ
ž—šžŽȱ•ŠȱȱœŽȱ‘Šȱ›ŽŠ•’£Š˜ȱž›Š—ŽȱŽŒŽ—’˜œȱŽ—ȱŽŒø‹’˜ȱ™›˜—˜ǰȱœŽȱ‘ŠȱŽ–˜œ›Š˜ȱšžŽȱŠ–‹’·—ȱŽœȱŸ’Š‹•ŽȱŒ˜—ȱ
:::ŽŒø‹’˜ȱœž™’—˜ȱŒ˜—ȱ•Šœȱœ’ž’Ž—ŽœȱŸŽ—Š“ŠœDZ
ŠœȱŒ˜–™•’ŒŠŒ’˜—Žœȱ›ŠŸŽœǰȱ’—Œ•ž’Šȱ•Šȱ–žŽ›Žȱ¢ȱ•Šȱ™·›’ŠȱŽ•ȱ›’Ûà—ǰȱžŽ›˜—ȱŠ—ȱ’—›ŽŒžŽ—ŽœȱšžŽȱ—˜ȱœŽȱ’œ™žœ˜ȱ • ŒŒŽœ˜ȱ›Ž›˜›Š˜ȱ–¤œ¤Œ’•ȱǻ™Š›Šȱ•ŠȱŒ˜•˜ŒŠŒ’à—ȱŽȱŒŠ·Ž›Žœȱž›ŽŽ›Š•Žœȱ˜ȱž—ȱ›ŠŠ–’Ž—˜ȱŠ—Ž›˜›Š˜Ȭ›Ž›˜Ȭ
:::::::5: ›Š˜ȱœ’–ž•¤—Ž˜Ǽǯ
• Ž“˜›ȱŒ˜—›˜•ȱŽ•ȱŠ—ŽœŽœ’à•˜˜ȱǻ–Ž—˜›ȱ›Žœ›’ŒŒ’à—ȱ›Žœ™’›Š˜›’Šǰȱœ˜‹›Žȱ˜˜ȱŽ—ȱ™ŠŒ’Ž—Žœȱ˜‹Žœ˜œǰȱ˜ȱŒ˜—ȱ›ŽœȬ
ǯȱž›”ǰȱǯȱ —˜••ǰȱǯȱŽ›’”ǰȱ ǯȱŠ›’ŒŠǰȱǯȱŽ’ĵǰȱǯȱ›Šž‹ǰȱǯȱ›Š¡Ž›ǯȱ žÇŠȱŒ•Ç—’ŒŠȱœ˜‹›Žȱ•Šȱž›˜•’’Šœ’œǯȱ
0-*+!)
..*%/%*)a*"a-*'*#4aB@A@ ›’ŒŒ’˜—Žœȱ™ž•–˜—Š›ŽœǼǯ
ǯȱž›”ǰȱǯȱ —˜••ǰȱǯȱŽ›’”ǰȱ ǯȱŠ›’ŒŠǰȱǯȱŽ’ĵǰȱǯȱ›Šž‹ǰȱǯȱ›Š¡Ž›ǯȱ žÇŠȱŒ•Ç—’ŒŠȱœ˜‹›Žȱ•Šȱž›˜•’’Šœ’œǯȱ
0-*+!)
..*%/%*)a*"a-*'*#4aB@A@






GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG
  /%+$"$+1/&6
%&

ȱȱŗȱŠÛ˜ '&:0 '5: ’˜ȱȱ›Ž—Š•ȱ˜ȱž›ŽŽ›Š•ȱǁŘȱŒ–ȱǻǁřȱŒ–ǼȱŽȱ’¤–Ž›˜ǯ
ȱȱŘȱŠÛ˜œ )&:0 (5: ’˜ȱŽ—ȱ™˜•˜ȱ’—Ž›’˜›ȱǁȱŗȱŒ–ȱŽȱ’¤–Ž›˜ǯ
ȱȱśȱŠÛ˜œ +&:0 )5: ’˜œȱŽȱŽœ›žŸ’ŠȱŒ˜›Š•’˜›–Žœǯ
*.a6'0'*.a !a
Qa=-%*a-!0--!)a*)a(4*-a"-!0!)% *5: ’˜œȱ’–™ŠŒŠ˜œȱŽ—ȱž›·Ž›ȱ™›˜¡’–Š•ǯ
+5: ’˜œȱ›Ž›ŠŒŠ›’˜œȱŠȱž›ŽŽ›˜œŒ˜™’Šǯ
  

NO ,5: 
ȱŠ••’Šǯ
GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG -5: ‹Žœ’Šȱ–à›‹’Šǯ
ŠȱŒ’›žÇŠȱ™Ž›Œž¤—ŽŠȱŠŒžŠ•–Ž—ŽȱŽœȱŽ•ȱ™›˜ŒŽ’–’Ž—˜ȱŽȱŽ•ŽŒŒ’à—ȱ™Š›Šȱ•ŠȱŽ•’–’—ŠŒ’à—ȱŽȱŒ¤•Œž•˜œȱ›Ž—Š•Žœȱ›Š—Žœȱ .5: Ž›’ŸŠŒ’˜—Žœȱž›’—Š›’Šœǯ
¢ȱŽ•ȱ–Š—Ž“˜ȱŽȱ•˜œȱ’ŸŽ›ÇŒž•˜œǰȱŽœŽ—˜œ’œȱ’—›Š››Ž—Š•ǰȱ¢ȱŽ•ȱŒ¤—ŒŽ›ȱž›˜Ž•’Š•ǯȱ˜—ȱŽ¡ŒŽ•Ž—ŽȱŽęŒŠŒ’Šȱ¢ȱ‹Š“Šȱ–˜›‹’•’Šǯ
/5: ŠŒ’Ž—ŽœȱŒ˜—ȱ–Š›ŒŠ™Šœ˜œǯ
'&5:œŽ—˜œ’œȱǰȱ›ŽœŽŒŒ’à—ȱŽȱž–˜›ŽœȱŽȱž›˜Ž•’˜ǯȱ
^ŽďƌĞůĂƉƵŶĐŝſŶLJĞůƚƌĂĐƚŽ —ȱ•˜œȱŒ¤•Œž•˜œȱŽ•ȱ™˜•˜ȱ’—Ž›’˜›ǰȱ•Šȱ
ǰȱ•Šȱȱ¢ȱ•Šȱž›ŽŽ›˜—Ž›˜œŒ˜™ÇŠȱ̎¡’‹•Žȱœ˜—ȱ™›˜ŒŽ’–’Ž—˜œȱŽȱŽ•ŽŒȬ
• žŽŽȱž’•’£Š›œŽȱž—ȱŒŠ·Ž›ȱž›ŽŽ›Š•ȱ™Š›Šȱ’•ŠŠ›ȱ¢ȱ˜™ŠŒ’ęŒŠ›ȱŽ•ȱœ’œŽ–ŠȱŒ˜•ŽŒ˜›ǰȱ $:::::!ȱ¢ȱŒ˜–™•’ŒŠŒ’˜—Žœ
Žœ˜ȱŠŒ’•’Šȱ•Šȱ™ž—Œ’à—ȱŠŽ–¤œȱŽȱŽŸ’Š›ȱšžŽȱ•˜œȱ›Š–Ž—˜œȱœŽȱ’—›˜ž£ŒŠ—ȱŽ—ȱŽ•ȱ
!5:
1.3-+$"$+1/&6
%&

• Šȱ™ž—Œ’à—ȱ™žŽŽȱ›ŽŠ•’£Š›œŽȱ‹Š“˜ȱŒ˜—›˜•ȱŒ˜—ȱŽŒ˜›ŠÇŠȱ¢Ȧ˜ȱ̞˜›˜œŒ˜™ÇŠȱ‹’™•Š—Š›ȱ
ǻŖȱ¢ȱřŖķǼǯ    


• žŠ—˜ȱ‘Š¢ȱŠ—˜–Š•ÇŠœȱŠ—Šà–’ŒŠœǰȱŽ•ȱŠŒŒŽœ˜ȱž’Š˜ȱ™˜›ȱȱŽœȱ•Šȱ˜™Œ’à—ȱ’ŽŠ•ǯ ϭ͘ Š—›Š˜Ž–™›Š—˜DZȱŗȬŘŜȱƖǯ

• •ȱ •žŠ›ȱ Žȱ ŠŒŒŽœ˜ȱ –¤œȱ Ž–™•ŽŠ˜ȱ Žœȱ Ž•ȱ Œ¤•’£ȱ ˜›œŠ•ȱ Ž•ȱ ™˜•˜ȱ ’—Ž›’˜›ǯȱ œȱ Ž•ȱ –¤œȱ Ϯ͘ Š—›Š˜ȱœŽŒž—Š›’˜DZȱŖǯřȬŗǯśȱƖǯ
œŽž›˜ȱ™˜›šžŽȱžœŠȱŽ•ȱ’—ž—Ç‹ž•˜ȱŒ˜–˜ȱŒ˜—žŒ˜ȱ‘ŠŒ’Šȱ•Šȱ™Ž•Ÿ’œǯ ϯ͘ Žœ’à—ȱ™•Žž›Š•DZȱŖǯŗȬŗŖǯŚȱƖǯ
• Šȱ™ž—Œ’à—ȱŽ—ȱ•Šȱ™’Ž•ȱœŽȱœ’øŠȱŽ—ȱ•ŠȱŽ¡Ž—œ’à—ȱŽ•ȱŽ“Žȱ•˜—’ž’—Š•ȱŽ•ȱŒ¤•’£ȱ’Š—Šȱ¢ȱ ϰ͘ Ž›˜›ŠŒ’à—ȱ’—Žœ’—Š•DZȱŖȬŘǯŞȱƖǯ
•Šȱ™ž—Œ’à—ȱŠ›ŠŸ’ŽœŠȱ•Šȱ™Š™’•Šǯȱ ϱ͘ ¡ȱŠ‹’Ž›ŠDZȱŖȬŗǯŞȱƖǯ
• —ȱŠŒŒŽœ˜ȱœž‹Œ˜œŠ•ȱ˜ȱœž™›ŠŒ˜œŠ•ȱŽ•ȱ™˜•˜ȱœž™Ž›’˜›ȱœŽȱ‘Šȱž’•’£Š˜ȱŠȱ–Ž—ž˜ȱŒ˜—ȱ  
6
‹žŽ—˜œȱ›Žœž•Š˜œȱ™Š›ŠȱŒ¤•Œž•˜œȱŒ˜›Š•’˜›–Žœǯ
ϭ͘ ’Ž‹›ŽDZȱŘŚȬřŝƖǯ
• Šȱ’•ŠŠŒ’à—ȱŽ•ȱœ’œŽ–Šȱ›Ž—Š•ȱ™žŽŽȱ‘ŠŒŽ›œŽȱŒ˜—ȱ’•ŠŠ˜›Žœȱ’™˜ȱ–™•ŠĵǰȱŒ˜—ȱ Ϯ͘ Ž™œ’œDZȱŗȬřȱƖǯ
•˜‹˜ȱ˜ȱœ’œŽ–Šȱ•”Ž—ȱǻ’•ŠŠ˜›Žœȱ–Ž¤•’Œ˜œǼǯ
ϯ͘ –‹˜•’œ–˜DZȱŖǯřȬŗǯŖȱƖǯ
• —ȱ •˜œȱ ŒŠœ˜œȱ Œ˜–™•’ŒŠ˜œǰȱ ˜ȱ ŒžŠ—˜ȱ œŽȱ ™›ŽŒ’œŠȱ ž—Šȱ œŽž—Šȱ ’—Ž›ŸŽ—Œ’à—ǰȱ Ž‹Žȱ
ϰ͘ žŽ›ŽDZȱŖȬŗǯŗȱƖǯ
Œ˜•˜ŒŠ›œŽȱ ȱ ž—ȱ ž‹˜ȱ Žȱ —Ž›˜œ˜–Šȱ Œ˜—ȱ •˜‹˜ȱ ™Š›Šȱ Š™˜—Š›ȱ •Šȱ ŸÇŠȱ ¢ȱ –Š—Ž—Ž›ȱ Ž•ȱ
ŠŒŒŽœ˜ȱŠ•ȱœ’œŽ–ŠȱŒ˜•ŽŒ˜›ǯ

()/ (*& hZK>K'1>h>dK

 >/d/^/^hZ/EZ/ >/d/^/^hZ/EZ/

"/&,1
%&
-"
*&.155")+"
&/
-"
 dĠĐŶŝĐĂƐƋƵŝƌƷƌŐŝĐĂƐĂďŝĞƌƚĂƐ
• Šȱ‘Ž–˜››Š’ŠȱŸŽ—˜œŠȱœŽȱŽ’Ž—ŽȱŒžŠ—˜ȱœŽȱ™’—£ŠȱŽ•ȱž‹˜ȱŽȱ—Ž›˜œ˜–ÇŠȱž›Š—Žȱž—Šœȱ‘˜›Šœǯ
• ’Ž•˜•’˜˜–ÇŠȱœ’–™•Žȱ¢ȱŠ–™•’ŠŠǯ
• —Šȱ‘Ž–˜››Š’ŠȱœŽŒž—Š›’Šȱ™Ž›œ’œŽ—ŽȱŽœ¤ȱŒŠžœŠŠȱ™˜›ȱž—Šȱ•Žœ’à—ȱŠ›Ž›’Š•ȱ¢ȱœŽȱ™žŽŽȱŒ˜—›˜•Š›ȱ–Ž’Š—Žȱ
ž—ŠȱŽ–‹˜•’£ŠŒ’à—ȱŠ—’˜›¤ęŒŠȱœž™›ŠȱœŽ•ŽŒ’ŸŠǯ • ’Ž•˜—Ž›˜•’˜˜–ÇŠǯ
• Šȱ—Ž›ŽŒ˜–ÇŠȱ›Š›ŠȱŸŽ£ȱ›Žœž•Šȱ—ŽŒŽœŠ›’Šǯ • Ž›˜•’˜˜–ÇŠȱŠ—ŠàꌊDZȱœ˜‹›Žȱ•Šȱ•Ç—ŽŠȱŠŸŠœŒž•Š›ȱŽȱ›àŽ•ȱǻŠ™›˜¡’Ȭ
–ŠŠ–Ž—Žȱśȱ––ȱ™˜œŽ›’˜›ŽœȱŽ•ȱ‹˜›ŽȱŒ˜—ŸŽ¡˜ȱŽ•ȱ›’Ûà—Ǽǯ
• ›ŽŽ›˜•’˜˜–ÇŠǯ


 • Ž›˜•’˜˜–ÇŠȱ›Š’Š•ǯ
GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG
˜œȱŠŸŠ—ŒŽœȱŽ—ȱŒ’›žÇŠȱ–Ç—’–Š–Ž—Žȱ’—ŸŠœ’ŸŠȱǻ
ǰȱȱ¢ȱǼȱ‘Š—ȱ›ŽžŒ’˜ȱœžœŠ—Œ’Š•–Ž—Žȱ•Šœȱ’—’ŒŠȬ • ’Ž•˜™•ŠœÇŠǯ
Œ’˜—ŽœȱŽȱ•ŠȱŒ’›žÇŠȱŠ‹’Ž›ŠǯȱŽȱ™›ŽŒ’œŠȱŒ’›žÇŠȱŠ‹’Ž›ŠȱŽ—ȱŽ•ȱŗȬśǯŚƖȱŽȱ•˜œȱŒŠœ˜œȱŽ—ȱ›Š—ŽœȱŒŽ—›˜œȱŽȱ›ŽŽ›Ž—Œ’Šȱ • Ž›ŽŒ˜–ÇŠȱ™Š›Œ’Š•ȱ¢ȱ—Ž›ŽŒ˜–ÇŠǯ
ǻŗȬśǼǯ
žŠ—˜ȱŽ•ȱŸ˜•ž–Ž—ȱ™›’—Œ’™Š•ȱŽ•ȱŒ¤•Œž•˜ȱœŽȱŽ—ŒžŽ—›Šȱ•˜ŒŠ•’£Š˜ȱ™Ž›’·›’ŒŠ–Ž—ŽȱŽ—ȱ•˜œȱŒ¤•’ŒŽœǰȱŽœ™ŽŒ’Š•Ȭ • ¡›ŠŒŒ’à—ȱŽȱŒ¤•Œž•˜œȱŒ˜—ȱ›ŽŒ˜•˜ŒŠŒ’à—ȱŽ•ȱž›·Ž›ȱǻž›ŽŽ›˜—Ž˜Œ’œ˜Ȭ
–Ž—ŽȱŒžŠ—˜ȱ™˜›ÇŠ—ȱ—ŽŒŽœ’Š›œŽȱŸŠ›’˜œȱŠŒŒŽœ˜œȱ™Ž›Œž¤—Ž˜œȱ¢ȱŸŠ›’ŠœȱœŽœ’˜—ŽœȱŽȱ
ǰȱ˜ȱŒ˜–˜ȱŠ•Ž›—Š’ŸŠȱŽȱ ˜–ÇŠǼǯ
ž—ŠȱŒ˜–™•’ŒŠŒ’à—ȱ›Š—œšž’›ø›’ŒŠȱŽȱž—ȱŠ‹˜›Š“ŽȱŽ—˜œŒà™’Œ˜ǯ
%&a Ra%)./!%)a
Ra+%-)&aRa(+!'aRa!.)%&a Qa0--!)/a%) %/%*).a"*-a*+!)a./*)!a.0-#!-4a%)a/$!
/-!/(!)/a*"a-!)'a) a0-!/!-'a'0'%Qa
a-*'aAIIHa!TAEIVBWSCGD_HQ
/ŶĚŝĐĂĐŝŽŶĞƐĚĞĐŝƌƵŐşĂĂďŝĞƌƚĂ
• Š›Šȱ•’’¤œ’ŒŠȱŒ˜–™•Ž“Šǯ 


• ›ŠŒŠœ˜ȱŽ•ȱ›ŠŠ–’Ž—˜ȱŒ˜—ȱȱ˜ȱȱ˜ȱŽȱž—ȱ™›˜ŒŽ’–’Ž—˜ȱž›ŽŽ›˜œŒà™’Œ˜ǯ GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG
• —˜–Š•ÇŠœȱŠ—Šà–’ŒŠœȱ’—›Š››Ž—Š•ŽœǰȱŒ˜–˜ȱŽœŽ—˜œ’œȱ’—ž—’‹ž•Š›ǰȱŒ¤•Œž•˜œȱŽ—ȱ’ŸŽ›ÇŒž•˜œȱ ŠȱŒ’›žÇŠȱŠ‹’Ž›Šȱ‘ŠȱšžŽŠ˜ȱ™Š›Œ’Š•–Ž—Žȱ˜‹œ˜•ŽŠǰȱ¢ȱ•ŠȱŒ’›žÇŠȱ•Š™Š›˜œŒà™’ŒŠȱŽœŠȱœžœ’ž¢·—˜•ŠȱŒŠŠȱŸŽ£ȱ–5:
ŒŠ•’Œ’Š•Žœȱ ǻŽœ™ŽŒ’Š•–Ž—Žȱ Ž—ȱ ž—ȱ Œ¤•’£ȱ Š—Ž›’˜›Ǽǰȱ ˜‹œ›žŒŒ’à—ȱ Žȱ •Šȱ ž—’à—ȱ ž›ŽŽ›˜™Ž•Ÿ’ŒŠȱ ˜ȱ Žȱž’•’£ŠȱŠ—˜ȱ™Š›ŠȱŽ•’–’—Š›ȱŒ¤•Œž•˜œȱ›Ž—Š•ŽœȱŒ˜–˜ȱž›ŽŽ›Š•Žœǯ
5
• ‹Žœ’Šȱ–à›‹’Šǯ /ŶĚŝĐĂĐŝŽŶĞƐĚĞĂůƚĞƌŶĂƟǀĂůĂƉĂƌŽƐĐſƉŝĐĂ
• Ž˜›–’ŠȱàœŽŠǰȱŒ˜—›ŠŒž›Šœȱ¢ȱŽ˜›–’ŠŽœȱ꓊œȱŽȱŒŠŽ›Šœȱ¢ȱ™’Ž›—Šœǯ • Š›Šȱ•’’¤œ’ŒŠȱŒ˜–™•Ž“Šǯ
• —Ž›–ŽŠŽœȱŒ˜—Œ˜–’Š—Žœǯ • ›ŠŒŠœ˜ȱŽȱž—Šȱ
ȱȱ˜ȱ™›˜ŒŽ’–’Ž—˜œȱŽ—˜ž›˜•à’Œ˜œȱ™›ŽȬ
• ’›žÇŠȱŠ‹’Ž›ŠȱŒ˜—Œ˜–’Š—Žǯ Ÿ’˜œǯ
• ˜•˜ȱ’—Ž›’˜›ȱ—˜ȱž—Œ’˜—Š—Žȱǻ—Ž›ŽŒ˜–ÇŠȱ™Š›Œ’Š•Ǽǯ • —˜–Š•ÇŠœȱŠ—Šà–’ŒŠœǯ
• ’Ûà—ȱ—˜ȱž—Œ’˜—Š—Žȱǻ—Ž›ŽŒ˜–ÇŠǼǯ • ‹Žœ’Šȱ–à›‹’Šǯ
• •ŽŒŒ’à—ȱŽ•ȱ™ŠŒ’Ž—Žȱ›ŠœȱŽ•ȱ›ŠŒŠœ˜ȱŽȱ’—Ž›ŸŽ—Œ’˜—Žœȱ–Ç—’–Š–Ž—Žȱ’—ŸŠœ˜›Šœǯ
• ¤•Œž•˜ȱŽ—ȱž—ȱ›’Ûà—ȱŽŒà™’Œ˜ǰȱǻœ’ȱŽ•ȱŠŒŒŽœ˜ȱ™Ž›Œž¤—Ž˜ȱ¢ȱ•Šȱ
ȱŽœȱ’ÇŒ’•ȱ˜ȱ’–™˜œ’‹•ŽǼǯ Šȱ Œ’›žÇŠȱ •Š™Š›˜œŒà™’ŒŠȱ Ž‹Žȱ Œ˜—Ž–™•Š›œŽȱ Š—Žœȱ Žȱ ™›˜ŒŽŽ›ȱ Šȱ •Šȱ
• ’œ˜•’˜˜–ÇŠȱ™˜›ȱž—ȱŒ¤•Œž•˜ȱŸŽœ’ŒŠ•ȱ’Š—Žǯ Œ’›žÇŠȱŠ‹’Ž›Šȱ¢ȱŒžŠ—˜ȱ‘Š—ȱ›ŠŒŠœŠ˜ȱ˜›˜œȱ™›˜ŒŽ’–’Ž—˜œȱ—˜ȱ’—ŸŠȬ
œ˜›Žœȱ˜ȱ™˜Œ˜ȱ’—ŸŠœ˜›Žœǯ
• Š›Šȱ •’’¤œ’ŒŠȱ Ž•ŽŸŠŠȱ Ž—ȱ —’Û˜œDzȱ •Šȱ Œ’›žÇŠȱ Š‹’Ž›Šȱ ™›˜™˜›Œ’˜—Š›Šȱ ž—ȱ ŠŒŒŽœ˜ȱ ¤Œ’•ȱ ¢ȱ œ˜•˜ȱ
›Žšž’Ž›Žȱž—ȱ™›˜ŒŽ’–’Ž—˜ȱŠ—Žœ·œ’Œ˜ǯ Šȱž›ŽŽ›˜•’˜˜–ÇŠȱ•Š™Š›˜œŒà™’ŒŠȱ™žŽŽȱ›ŽŠ•’£Š›œŽȱŒ˜—ȱž—ȱŠŒŒŽœ˜ȱ›Ž›˜™Ž›’˜—ŽŠ•ȱ˜ȱ›Š—œ™Ž›’˜—ŽŠ•ǯȱ

a*0%-aRa''!'aRa%)*0.a Ra$(*0'aRa*-$)%a
Qa+-*.*+%a-!/-*+!-%/*)!'a0-!/!-*'%/$*/*(4Sa%)%/%'

!3+!-%!)!a) a-!1%!2a*"a'%/!-/0-!Qa
a) *0-*'aB@@Da
0#TAHVFWSEEG_FAQ

(*' (*( hZK>K'1>h>dK