(TM) Ssangyong Manual de Taller Ssangyong Korando 2013 Gasolina

,6(C2
",67$)5217$/ ",67$3267(5,25
",67$/$7(5$/'(5(&+$ ",67$/$7(5$/,=48,(5'$

V ",67$)5217$/
6+@J6@?6+./=96/893././6-3638.<9
-?,3/<>+./6+8>/<+./6+-?6+>+
=9:9<>/./798>+4/./679>9<
-?,3/<>+./6+-+4+.//81<+8+4/=./.3=><3,?-3N8
:96/+69-+#%
6>/<8+.9<
:96/+./6+,97,+./+1?+
:9=3-3N8./6-31P/M+6
-97:</=9<
:96/+./6-31P/M+6
/6798>+4/./6-J<>/<./+-/3>/
V ",67$75$6(5$
%/8=9<./:9=3-3N8./6J<,96./6/@+=
:?<1+.9<
=/8=9<./>/7:/<+>?<+./66L;?3.9</0<31/<+8>/
-98><96./:?<1+@J6@?6+./=96/893./
-?/<:9./6+-/6/<+.9</6/-><N83-9
=/8=9<& #
-97:6/>+
@96+8>/./38/<-3+./.9,6/7+=+
-984?8>9>/8=9<23.<J?63-9=/8=9<./
(%-?,3/<>+./6+-+,/C+./

V ",67$/$7(5$/'(5(&+$
-98/->9<./6=/8=9<./9AL1/89><+=/<+
-98/->9<./6=/8=9<./9AL1/890</8>/
-96/->9<./-+69<
//=-+:/:<9>/->9<
=/8=9<./9AL1/890</8>/
-97:6/>+
:96/+./6-31P/M+6
><+=/<9=/8=9<./9AL1/89
:?/<>9./=+63.+./6L;?3.9</0<31/<+8>/
>+:N8./@+-3+.9./6-J<>/<
V ",67$'(//$'2,=48,(5'2
-984?8>9./638B/->9<
$3/6./-97,?=>3,6/
./:?<1+./6=/8=9<& #
@J6@?6+./-98><96./=96/893./
-?/<:9./6+-/6/<+.9</6/-><N83-9
(%=96/893././6+@J6@?6+
7/.3.9<./@+<366+./+-/3>/
-984?8>9./036><9./+-/3>/
=/8=9<./:</=3N8./+-/3>/
-984?8>9./6>/<79=>+>9

,5(&75,&(63$5$6(59,&,2)81&,21$
$5$/$(*85,'$'
#+<+66/@+<+-+,9/6=/<@3-390?8-398+0J-367/8>/!%./09<7+=/1?<+69=>K-83-9=./=/<@3-39./,/87+8>/8/<69=:<9-/.373/8>9=./><+,+49+./-?+.9=B</16+=
=>/7+8?+6:<9:9<-398+6+=38=><?--398/=O>36/=+69=>K-83-9=./=/<@3-39:+<+;?/:?/.+866/@+<+-+,96+=9,<+=%/<@3@/+69=:<9-/=9=./
><+,+49/=>J8.+<2+,363.+./=-98=/49=/8/6>3/7:9#9<0+@9<6/+/=>/7+8?+6B=31+6+=38=><?--398/=-?3.+.9=+7/8>/
#+6+,<+=-979T($&!UT#$'I!UBT!"&U>3/8/8?8=318303-+.9/=:/-3+6
38.3-+3809<7+-3N8:+<++B?.+</67+8>/8373/8>9B6+=38=><?--398/=
38.3-+?8+=3>?+-3N8:9>/8-3+67/8>/:/631<9=+;?/./89/@3>+<=/:?/./9-+=398+<6/=398/=9.+M9=7+>/<3+6/=6/@/=9
79./<+.+=
38.3-+?8+=3>?+-3N8:9>/8-3+67/8>/:/631<9=+;?/./89/@3>+<=/:9.<L+:<9@9-+<6+7?/<>/96/=398/=1<+@/=
%38/7,+<196+=</0/</8-3+=B6+=:</-+?-398/=+8>/<39</=89:?/./8=/<7/.3.+=38-6?=3@+=:9<69;?/./,/8>/8/<69=2J,3>9=./:+19./+>/8-398/=B
:</-+?-398/==9,</6+,+=/./69==/8>3.9=-97?8/=

48,32
9<+8.9/=79>9<./6+8>/<90<98>+6./6+?83.+.&3:9./@/2L-?69B/679>9<B/6=3=>/7+./></8./:9>/8-3+/=>J838>/1<+.9=/8?87N.?69
#9<69>+8>9./:9=>/=.//6/@+-3N8B/;?3:9=/81/8/<+6=988/-/=+<39=-?+8.9=/><+,+4+/8/679>9<B6+><+8=73=3N8
9=:<38-3:+6/=/;?3:9= 9>9<B1+>9./><+8=73=3N8=9:9<>/./679>9<79>9<./6+1<O+1+>9./><+8=73=3N8=?=:/8=3N8./679>9<
$/>3<//679>9<B/6><+8=/4/-979?8-984?8>9
><+8=/4/ +8?+6&<+8=+A6/=/:?/./=/:+<+<./=:?K=./</>3<+</67N.?690<98>+6=?,,+=>3.9</679>9<+8=/4/
><+8=/4/+?>97J>3-9&<+8=+A6/=/:?/./=/:+<+<./=:?K=./</>3<+</67+<-9./=?,
16758&&,21(6(1(5$/(6
8>/=./6/@+8>+</6@/2L-?69-98?8/6/@+.9<+:9B+<-9<</->+7/8>/69=:?8>9=.//6/@+-3N8
?+8.9=/?>363C+?8-98/->9<+:+<-+</6@/2L-?69/8?8+=?:/<03-3/:6+8+B-969;?/6+=-?M+=/86+=<?/.+=./,+49./6+=66+8>+=969;?//6
1+>9./,+49./6-2+=3=B6/@+8>+</6@/2L-?69B6?/19+:9B+<-98-2+=3=./:3/+8>//6><+,+49./=/<@3-39
=/1O</=/././=-98/->+</6-+,6/8/1+>3@9./6-+,6/./6+,+>/<L+:+<+/@3>+<-?+6;?3/<.+M9+69==3=>/7+=/6K-><3-9=
%3?=>/.>3/8/;?/><+,+4+</8/6@/2L-?69-?,<3<69=+=3/8>9=B/6:3=9-986+:<9>/--3N8-?,</:+<+/@3>+<-?+6;?3/<.+M9B6+
-98>+738+-3N8
66L;?3.9./0</89=B+8>3-981/6+8>/:?/./8.+M+<6+=?:/<03-3/:38>+.+./-?/<:99;?/./,/7+83:?6+<=/-98-?3.+.9.?<+8>//6><+,+49./=/<@3-39
#+<+7/49<+<6+/03-3/8-3+./6><+,+49./=/<@3-39?>363-/O83-+7/8>/B6+=2/<<+73/8>+=/=:/-303-+.9='>363-/O83-+7/8>/:3/C+=./
</:?/=>99<3138+6/=./%=+81B981
!?8-+@?/6@++?=+</6:+=+.9<./-2+@/>+6+4?8>+6+4?8>+>N<3-+6+4?8>+./+-/3>/+<+8./6+./=/1?<3.+.B>?/<-++?>9,69-+8>/%?=>3>?3<69=:9<9><9=
8?/@9=%3</?>363C+.96+=0?8-398/=89<7+6/=89=/:?/./87+8>/8/<67+-/8+<6+=:3/C+=./=798>+.+=-979?8-984?8>9,+=+.9/8/69<./8./
-6+<3.+.

./=798>+4/B6+?83.+.#</=>+</=:/-3+6+>/8-3N8:+<+89:/<./<=/97/C-6+<69=/6/7/8>9=./034+-3N8%3/=8/-/=+<39/=:/-3+67/8>/:+<+6+38=:/--3N86+

637:3/C+./6+=:3/C+=</>3<+.+=:9<-97:6/>9:63;?//6+-/3>/91<+=+=9,</69==?<0/-/=-9<<3/8.9B./=63C+8>/=+8>/=./6+38=>+6+-3N8'>363-//6=/66+.9<B6+
4?8>+/=:/-303-+.+:+<+/@3>+<6+0?1+=3/=8/-/=+<39:</>+<69=/6/7/8>9=./034+-3N8-98/6:+<./+:<3/>//=:/-303-+.9

979/>+:+038+6./6><+,+49./=/<@3-39-97:<9,+<=3/6=3=>/7+/=>J0?8-398+8.9-9<</->+7/8>/+>/8.3.+B/6:<9,6/7+2+=3.9/63738+.9-98

$6('(163(&&,D1
3(5$&,D1'(25126
=-?-2+</6=983.9./-?/<89-?+8.9=/:</=398+6++6792+.366+-?/<89/8/6@96+8>/
/$23(5$&,D1'()5(12
97:<?/,/=32+B+61O8<?3.9+89<7+66+.3=>+8-3+./0</8+.938?=?+67/8>/6+<1990?/<C+./0</8+.9./=31?+6%36+6J7:+<+./+.@/<>/8-3+./6
0</8989=/+:+1+38-6?=9./=:?K=./-97/8C+<6+/813/89:+<:+./+8.?<+8>/6+-98.?--3N8/6=3=>/7+./0</89=</@3=+<387/.3+>+7/8>/
97:<?/,/69=>?,9=./0</89=B7+81?/<+=:+<+6+-98/A3N80?1+./+-/3>/1<3/>+938>/<0/</8-3+./=:?K=./-+7,3+<6+:9=3-3N8./69=8/?7J>3-9=6=?=>3>?3<
69=8/?7J>3-9=-97:<?/,//6.3=-9./0</89:+<+/=>+.9./6+=?:/<03-3/B/6./=1+=>/97:<?/,//6-+,6/./60</89.//=>+-398+73/8>9B/60?8-398+73/8>9./6
0</89-9<>+</638>/<@+69./-97:<9,+-3N8./=3/60</89.//=>+-398+73/8>9=/?>363C+-980</-?/8-3+
,67(0$'((6&$3(
&/81+/8-?/8>+;?/-?+6;?3/<-+7,39/8/6=983.99/6969<./6=3=>/7+.//=-+:/=>9=:?/./8=/<-+?=+.9=SS:9<0?1+=9=9,</-+6/8>+73/8>96
=3=>/7+.//=-+:/</@3=+.9B</:+<+.9387/.3+>+7/8>/
8=:/--398+</6=3=>/7+.//=-+:/38-6?B/8.9/6-98@/<>3.9<-+>+6L>3-98=:/--398+<>9.9/6,+=>3.9<./-97:98/8>/=B-?/<:9-/<-+./6=3=>/7+.//=-+:/

(80@7,&26
@3,<+-3N838?=?+6./6@96+8>/B+=3/8>9=9>3<+<+?86+.9/86+=-+<</>/<+=</->+=B83@/6:?/./838.3-+6+:</=3N8./3806+.9./69=
8/?7J>3-9=./=31?+696+0+6>+.//;?363,<39./6+<?/.+
6,67(0$'(',5(&&,D1<6863(16,D1
8=:/--398+</6=3=>/7+./.3</--3N8:+<+/6.+M90694/.+.9:+<>/=;?/0+6>+869==3189=././=1+=>/90+6>+./6?,<3-+-3N8./6+=?=:/8=3N8./6+8>/<+B
><+=/<+B8=:/--398+<6+6L8/+./.3</--3N8+=3=>3.+B6+=7+81?/<+=:+<+6+-98/A3N8./0?1+=1<3/>+=B<9C+.?<+=8=:/--398+</6+<<+8;?/./6/4/./
+--398+73/8>9B./>/<39<9./6+=4?8>+=./=1+<<990?1+%?=>3>?3<9</:+<+</6=3=>/7+=3/=8/-/=+<39
'($&(,7('(/02725
97:<9,+</683@/6./+-/3>/-?+8.9/679>9</=>J>9.+@L+-+63/8>/B+1</1+</6+-/3>/./79>9</=:/-303-+.9=3/=8/-/=+<39
'(//B48,'25()5,*(5$17(
97:<9,+</683@/6./6L;?3.9</0<31/<+8>//8/6./:N=3>9./6L;?3.9</0<31/<+8>/6+=-98.3-398/=./</0<31/<+8>/-98>+738+-3N87+>/<3+6/A><+M9B6+=7+81?/<+=./
69=.+M9=B0?1+=$//7:6+C+<9+M+.3</6</0<31/<+8>/1/8?38+%=+81B981=3/=8/-/=+<39
/$&255($'(75$160,6,D1'(/02725
97:<?/,/>9.+=6+=-9<</+=./><+8=73=3N8/8/679>9<:+<+/6./=1+=>/1<3/>+=B=96>?<+(?/6@+++:</>+<9=?=>3>?3<6+-9<</+=3/=8/-/=+<39

,5(&75,&(662%5((59,&(1*,1(
#+<+/@3>+<6+=6/=398/=:/<=98+6/=B.+M9=./@/2L-?69=;?/:?/./8=/<-+?=+.9=SS:9</<<9</=.?<+8>//6=/<@3-39B:+<+:<9:9<-398+</6</8.373/8>9N:>379B6+
=/1?<3.+../=:?K=./6+=9,<+=./=/<@3-3969=>/-283-3+6=./=/<@3-39=./,/87+8>/8/<6+=:</-+?-398/=,J=3-+=B.3</-><3-/=./=/<@3-39:9<./,+49=>9=
:9.<L+8=/<96@3.+.9=0J-367/8>/.?<+8>//60?8-398+73/8>9.//=>/=/<@3-39
5(&$8&,21(6$17(6'(/$62%5$6'(6(59,&,26
=/1O</=/././=-98/->+</6-+,6/8/1+>3@9./6-+,6/./6+,+>/<L+:+<+/@3>+<-?+6;?3/<.+M9+69==3=>/7+=/6K-><3-9=
=/1O</=/./637:3+<6+C98+./><+,+49B:</:+<+<6+=2/<<+73/8>+=8/-/=+<3+=+8>/=0?8-398+/6=/<@3-39%3/7:</-969;?//638>/<<?:>9<.//8-/8.3.9
+6+:9=3-3N8"=389/=8/-/=+<39/69-98><+<39:9.<L+2+,/<.+M938/=:/<+.9+69=.3=:9=3>3@9=/6K-><3-9=96/=398/=:/<=98+6/=./,3.9+?8
-9<>9-3<-?3>9
#+<+/@3>+<6+/8><+.+./7+>/<3+6/A><+M9/8/6=3=>/7+./38B/--3N8./-97,?=>3,6/=/66+<-97:6/>+7/8>/6+=/8><+.+=./6+,97,+#7+81?/<+=./
-97,?=>3,6/B>?,9=./+6>+:</=3N8
#+<+</79/@/679>9<?>363C+<69=/;?3:9=./.3-+.9=>+6/=-979>97+./79>9<1+>9./><+8=73=3N8=9:9<>/./679>9<B./6+1<O+./679>9<
2725<$&&(625,26
9>9<>3/8/?8+1<+8-+8>3.+../-97:98/8>/=:</-3=9=6:+<./+:<3/>//=:/-303-+.9B:<9-/.373/8>9=-9<</->9=./,/87+8>/8/<=/.?<+8>//60?8-398+73/8>9
.//=>/=/<@3-39*/6J</+./><+,+49/=>J=3/7:</637:39B,3/8:</:+<+.9
6./=798>+</679>9<:+<>/=</6+-398+.+=>9<83669=4?8>+=/>-./,/8=/<+67+-/8+.9=-979?8-984?8>937:3+<69=-97:98/8>/=:9<-97:6/>9
-98+-/3>/./79>9<+8>/=./6798>+4/=3/=8/-/=+<39.</8+<-97:6/>+7/8>//6+-/3>/./679>9</6</0<31/<+8>/B/6-97,?=>3,6/./6@/2L-?69B=/66+<
6+=/8><+.+=-9869=>+:98/=+8>/=./</>3<+</679>9<
&9.+6+38>/<0/</8-3+./,/=/</63738+.9+8>/=./</>3<+</679>9<
,6326,7,926(/A&75,&26
/A><+9<.38+<39-?3.+.9./,/=/<>97+.9+6=/<@3-39./69==3=>/7+=/6K-><3-9=->?+67/8>//679>9<?>363C+?8+1<+8-+8>3.+../.3=:9=3>3@9=
/6K-><3-9=-9<>9-3<-?3>9B?87+6-98>+->9:?/./:<9@9-+<;?//6</8.373/8>9./679>9<,+4+6+-97,?=>3N838-97:6/>+B9><+=+897+6L+=
#+<+/@3>+<-?+6;?3/<.+M9+69==3=>/7+=/6K-><3-9=+=/1O</=/././=-98/->+</68/1+>3@9./6-+,6/./6+,+>/<L+B-969;?//638>/<<?:>9<./
/8-/8.3.9+6+:9=3-3N8"+8>/=./.+<=/<@3-39
'>363-/=N696+=:+<>/=/=:/-303-+.+=-986+=73=7+=-+6303-+-398/=+6=?=>3>?3<69=.3=:9=3>3@9=/6K-><3-9=97:<9,+<69=79>3@9=B6+=
-98/A398/=/=>J806949=

,67(0$'(&20%867,%/(</8%5,&$&,D1
?+8.9=/><+,+4+-9869==3=>/7+=./-97,?=>3,6/9+-/3>//8J</+-/<<+.+=3/7:</7+8>/81+/6J</+./><+,+49,3/8@/8>36+.9B8?8-+
:/<73>+;?/8+.3/0?7/
?8>+=B=/669=/869==3=>/7+=./-97,?=>3,6/B./+-/3>/./,/8=/<=?=>3>?3.9=:9<9><9=8?/@9=&9.9=69=:/<89=B6+=>?/<-+==/./,/8+:</>+<-979=/
/=:/-303-+
=/1O</=/./</@3=+<6+=-98/A398/=./0?1+=./=:?K=./6+38=>+6+-3N8

! -$&.83
V @5(6(381726$872(/(9$%/(6<(67$'2'(/$,167$/$&,D13$57('(/$17(5$
$&&(62$$&.<&21),*85$&,D1
/$'2'(/$17(52
%/-?8.+<39
:?8>9=./+--/=9++-5 :?8>9=./+--/=9++-5
:+<+6+/6/@+-3N8./:9=>/= :+<+6+/6/@+-3N8./:9=>/=
381726'($&&(62$$&.<&21),*85$&,D1
$57(75$6(5$381726'(
%/-?8.+<39

>
0?/<C+>9<836697K><3-9/=>J1<+,+.9/86+-+,/C+./-+.+:/<89+0?/<C+./:/<89:?/./=/<-6+=303-+.9-979 &&&
&

&B
&/81/8/<+6
",=/<@+<:+<./+:<3/>//=>J8.+<.?<+8>/69=><+,+49=./+:<3/>/./69=>9<83669=B:?/./+4?=>+</6:+<+=/<+./-?+.+./8><9./6
=3/=
8/-/=+<39&<+>/./89=9,</7JA:+<./+:<3/>/+.73=3,6/=389/=8/-/=+<392+-/<69/>/<738+-3N8./6:+<./+:<3/>/+./-?+.9+.3-398+6=3=/
+:<3/>+-986++<+8./6+9/8@+=+.9%3+:<3/>+69=>9<83669=/86+=7+>/<3+==31?3/8>/=+=/1O</=/././>/<738+</6:+<+./-?+.9

6/+-3N8./+6?73839:<3/>/+ ./6+>+,6+./:+<:9</8-37+#6+=>3-=
+:</>+<+6 ./6+>+,6+./:+<:9</8-37+

?#!?
&2',),&$&,D1'(9$5,$17(6'(02725
(6&5,3&,D1 2',),&$&,D1
#"$
.//8><+.+./@/69-3.+../6@/2L-?69+6+' -98%9%#!

</6K=
(/8>36+.9< </6K=
@/8>36+.9<#)
!"
-<?-/<9+?>97J>3-9 -98/6=3=>/7+./-<?-/<9+?>97J>3-9=3
%H
!"
=38=3=>/7+./-98><96./83@/6./679>9<!"
9>9<-98><96./83@/6
%H 9<+8.9
!"
-98)%B89%!"-98 )
=/8=9<
%H %B%#%H
!"
6+@/38>/631/8>/ -9866+@/38>/631/8>/%H
%H

./:N=3>9./6L;?3.9
'-97,?=>3,6/798>+4/
</0<31/<+8>/./6+,9,38+./
6>/<8+.9<-984?8>9./-+<<368B/->9<
/8-/8.3.9"(
381/=>+./+-/3>/./-96/->9<./
-98/->9<./6=/8=9<./9AL1/89><+=/<+./6=/8=9<
7/.3-3N8@+<366+(%-?/<:9./6
./9AL1/89=/8=9<./>/7:/<+>?<+./6</0<31/<+8>/
+-/6/<+.9<=96/893./=/8=9<./6+
./6-98/->9<0<98>+6./-98><96./:?<1+./679>9< @J6@?6+& #/6/-><N83-936><9./

.3/-3=K3=
/6/-><9@J6@?6+-+4+./0?=3,6/=./6+,+>/<L+'
+3</./798>+4/

!
!'(/02725
203$57,0,(172'(/02725
62/(12,'('(&21752/'(385*$
1<(&725 ,(/'(&20%867,%/(
9@/98/$

,/752'(&20%867,%/( 5$6&2
/$%20%$'(&20%867,%/(<(/0217$-('(/$)25$'25'(&$5%85$17(
(/0217$-('(/'(3D6,72'(&20%867,%/(

2%,1$'((1&(1','2 %8-B$'((1&(1','2 !'(/02725
/$326,&,D1'(/@5%2/'(/(9$6 '(326,&,D1'(/&,*E(C$/
(1625'('(721$&,21
6(1625 6(1625

?
,5((/(0(172'(/),/752
&2/(&725'($'0,6,D1 &8(532'(/$&(/(5$'25(/(&75D1,&2
"62/(12,'(&21-8172'(9@/98/$'( 6(1625 "9@/98/$

!'(/02725 @03$5$'(
&20352%$&,D1'($9,62'(/02725
"(5'(
2/(&725'((6&$3( 9@/98/$'(" /2:%<0$1*8(5$

78%2'((6&$3(2 8%2'((6&$3(2 8%2'((6&$3(2

6,/(1&,$'25
6(1625'(2;B*(12'()5(17('(/ 6(1625'(2;B*(1275$6(5$ !

!?
$/$1&$'(35(6,D1'(/$&(,7( &+2552'($&(,7( 0(','25'($&(,7('(/02725
2/(&725'($&(,7( 20%$'($&(,7( 0D'8/2'(),/752'($&(,7(

?
'(3D6,72'(/B48,'25()5,*(5$17(
&21-8172'(/$%20%$'($*8$
+,97,+./+1?+/=37:?6=+.+:9<6+-9<</+./><+8=73=3N8./679>9<B=?7383=><+/66L;?3.9
</0<31/<+8>/+-+.+J</+./679>9<
&21-8172'(/7(50267$72
?+8.9/6</0<31/<+8>/./679>9<
+6-+8C+ G6+
>/<79=>+>9-973/8C+++,<3<=/>9>+67/8>/
+,3/<>++
EB:/<73>/6+
06?49./</0<31/<+8>/+6<+.3+.9<:+<+
7+8>/8/<6+>/7:/<+>?<+./679>9<

38(572'(6$/,'$'(/B48,'25()5,*(5$17(
(1625'(7(03(5$785$'(/5()5,*(5$17(
3./6+>/7:/<+>?<+./6</0<31/<+8>/B/8@L+
/6</=?6>+.9+6+'./679>9<
&21-8172'(5$',$'25 "
$/6/+=/=-+69<+><+@K=./6+=+6/>+=B=//80<L+/6</0<31/<+8>/ +-/-3<-?6+</6+3</0</=-9+6+0?/<C++38>/<-+7,39./-+69<-98
-+63/8>/-979/6</0<31/<+8>/:+=++><+@K=./6>?,9./68O-6/9./6 6++6/>+./68O-6/9./6<+.3+.9<
<+.3+.9<

$/(&75,&,'$'
1,&,$5(/0217$-('(/02725 $7(5B$
98@3/<>/6+/8/<1L+;?L73-++6+/8/<1L+/6K-><3-+B
=?7383=><+/8/<1L++6+=?83.+./=/6K-><3-+=
-9<</=:98.3/8>/=+6+<<+8-+</679>9<
/7(51$'25 &$%/($'2
+<1+6+,+>/<L+B=?7383=><9=+-+.+?83.+./6K-><3-+
7/.3+8>/6+-98@/<=3N8./6+/8/<1L+7/-J83-++6+
/8/<1L+/6K-><3-+

52(&,),&$&,A0
0,'$' (5&4,2&,A0 52(&,),&$&,A0
;CDA0
<<
&4B> :6
014I03428;8=3A> ";0=DA0 &>A34109>34<<
D9R02><?4=B03> <<
A>B>A34;09D=C0342D;0C02D0=3>2><?A8<83>
<<
>=BD<> J<<

4;9D46>0G80;
B20?4 J<<
EP;ED;03403<8B8T=0184AC0 )
4AA0A;0EP;ED;03403<8B8T=
34C84<?>34EP;ED;0
OA1>;34;4E0B
EP;ED;0344B20?40184AC0
;0EP;ED;0344B20?424A20 )
8P<4CA> <<
2>98=4C4;8B> =27DA0 <<
7>;6DA0340248C4 J<<
B24=B>A34EP;ED;03403<8B8T= #0G
<<
B20?43403<8B8>= B24=B>A34EP;ED;0344B20?4 #0G

<<
EP;ED;0
DA028T=34;0EP;ED;03403<8B8T=
<<
DA028T=34;0EP;ED;0344B20?4
<<
84;0 4;9D46>0G80; J <<

1/%4( 6$/$@1 $06,'$' 2$4'($24,(6(
0;4=C03>A34?4A=>A>B203>=U2;4> M$<
?4A=><0A2>34;04B20;4A0 #- - M$<
) #- - M $<
)0?T=343A4=094340248C4 M$<
?4A=>2PAC4A340248C4 #- - 38428BQ8B M $<
?4A=>2PAC4A340248C4 #- - M $<
?4A=>2PAC4A340248C4 #- - M $<
?4A=>3420;81A4E0A8;;0340248C4 #- - M $<
C0?034;PA1>;34;4E0B #- - M $<
&A8=28?0;?4A=>A>B203>60;4AR0 M$<
&A8=28?0;?4A=>34;0C0?0342>98=4C4 $<L
?4A=>342D;0C0 # -
- $< L
D;0C0?4A=>;03>) #- - M$<
2D184AC05A>=C0;?4A=>342D;0C0 #- - M $<
8;8=3A>?4A=>34;0C0?0342D;0C0 #- - M $<
?4A=>24=CA0;34;286V4S0; # - - M$<
L L
?4A=>34;E>;0=C4 # - - M$<
L L
>=4G8T=34?4A=>34;0E0A8;;0 #- - $<
L L
?4A=>34;0C0?00< #- - M $<
)0?034;4E0?4A=>J #- - 38428BQ8B M $<
?4A=>34;0EP;ED;034B>;4=>834 #-
- M $<
?4A=>342>;42C>A3403<8B8T= #- - M$<

1/%4( 6$/$@1 $06,'$' 2$4'($24,(6(
>;42C>A3403<8B8T=?4A=>34B>?>AC48=54A8>A #- - M$<
44B20?4CD4A202>;42C>A M$<
?4A=>?A>C42C>A40C #- - M $<
?4A=>3427>AA>340248C4 M $<
?4A=>34;01><10340248C4 #-
- M$<
8;CA>340248C4?4A=>34<>=C0942>=9D=C> #-
- M$<
8;CA>340248C4?4A=>34<>=C0942>=9D=C> #-
- M$<
?4A=>34;01><103406D0 #- - M $<
)4=B>A342>AA40?4A=>BD?4A8>A #-
- M$<
8=CDAT=C4=B>A8=54A8>A?4A=> # - - M$<
?4A=>34;0?>;4034;01><103406D0 #- - M $<
?4A=>34;C4A<>BC0C> #- - M $<
'45A864A0=C4?4A=>?D4AC>34B0;830 #- - M $<
CD14AR034A45A864A0=C4?4A=>34<>=C094 #- - M $<
01A0I034A034;0<0=6D4A03434A8E028T= # M$<
?>;40;>20&( M$<
#>C>A?4A=><>D=C8=54B?PAA06> M$<
A4=C434;<>C>A34C>A=8;;>34589028T= # - M$<
A4=C434;<>C>A34C>A=8;;>34589028T= # - M$?>AC434BDB?4=B8T=34;0=C4A034;<>C>A #- - M$?>AC434BDB?4=B8T=CA0B4A034;<>C>A #- - M$<
*=?4A=>2><?A4B>A M$<
?4A=>34;0;C4A=03>A # M$<
><84=24?4A=>34;<>C>A # #0G
=<

',4(&64,&(551%4((.(48,&,1
<>C>A4B34<>C>A34;0=C4A>5A>=C0;34;0D=8303)8?>34E47R2D;>
&>A;>C0=C>70H0;6D=>BCA0109>B34<0=C4=8<84=C>HA4?0A028T=
3454A4=C4B4=2><?0A028T=2>=4;<>C>A34'<>C>A34;0=C4A>?8ST=)8?>34E47R2D;>
&0A0;0B>1A0BB46DA0BH2>AA42C0BB43414=>1B4AE0A;>B
?A>2438<84=C>B34CA0109>48=BCAD228>=4B344BC4<0=D0;
.DC8;8I0A;0B74AA0<84=C0B34B86=030B34;0B86D84=C4<0=4A0
(>?>AC434;010B434<>=C09434;CA4=345D4AI0;0BDB?4=B8T=34;<>C>A<>C>AC><034<>C>A4B34CA0109>?4B03>
Z 4(&$7&,10(5$06(5'(.$51%4$5'(5(48,&,15
<>C>A4B<>C>A34;0=C4A>5A>=C0;34;0D=8303)8?>34<>C>AH4;<>C>AH;0CA0=B<8B8T=4BCP=8=C46A03>B4=D=<8B<>
<T3D;>
'42D4A34@D470H<D270B3854A4=280B4=2><?0A028T=2>=;>B<>C>A4B2>=E4=28>=0;4B4=;0'<>C>A34;0=C4A>?8ST=)8?>
34E47R2D;>(*+
&0A0@D8C0A4;<>C>ADC8;8I0A;>B4@D8?>B3438203>BC0;4B2><>C><034<>C>A60C>34CA0=B<8B8T=B>?>AC434;<>C>AH34;06AU034;
<>C>A C>=4;030
&0A04E8C0A@D44;<>C>A0AA0=@D41ADB20<4=C43DA0=C44;B4AE828>4=4;2><?0AC8<84=C>34;<>C>A=D=20?4A<8C0@D4=0384?4A<0=4I204=4;
E47R2D;>
B46UA4B43434B2>=42C0A4;201;4=460C8E> 34;201;434;010C4AR0?0A04E8C0A2D0;@D84A30S>0;>BB8BC4<0B4;Q2CA82>B
B46UA4B434;8<?80A;0I>=034CA0109>H?A4?0A0A;0B74AA0<84=C0B=424B0A80B0=C4B5D=28>=04;B4AE828>
(84<?A42>;>@D44;8=C4AAD?C>A34
4=24=383>0;0?>B828T=%B8=>4B=424B0A8>
4;>2>=CA0A8>?>3AR07014A30S>8=4B?4A03>038B?>B8C8E>B4;Q2CA82>B>;4B8>=4B?4AB>=0;4B
34183>02>AC>28A2D8C>
&0A04E8C0A;04=CA03034<0C4A80;4GCA0S>4=4;B8BC4<0348=H4228T=342><1DBC81;42><?;4C0<4=C4B4;;0A;0B
4=CA030B34;01><10&<0=6D4A0B342><1DBC81;4H;>BCD1>B340;C0?A4B8T=
$>A4C8A44;<>C>A<84=CA0B@D44;0?>H>34;2PAC4A340248C4
2>=D=60C>
Z ..(8$06$4(.8(+?&7.1
=C4B34;4E0=C0A4;E47R2D;>2>=D=4;4E03>A0?>H0A2>AA42C0<4=C4;>B?D=C>B344;4E028T=
&0A04E8C0A@D44;E47R2D;>AD434702800109>?>=4A;0B2DS0B34109>34;0B;;0=C0B2D0=3>B4DC8;8I0D=0B24=B>A ?>BC
B46UA4B4340?>H0A;>B?D=C>B34
4;4E028T=2>AA42C>B2D0=3>B4DC8;8I0D=4;4E03>A342>;D<=0B

Z 1614;$&&(514,15
#>C>AC84=4D=06A0=20=C8303342><?>=4=C4B?A428B>B
;?0A340?A84C44B?42858203>H?A>2438<84=C>B2>AA42C>B3414=<0=C4=4AB43DA0=C44;
5D=28>=0<84=C>344BC4B4AE828>
.4;PA4034CA0109>4BCPB84<?A4;8<?8>H184=?A4?0A03>
;34B<>=C0A4;<>C>A?0AC4BA4;028>=030BC>A=8;;>B9D=C0B4C2

3414=B4A0;<024=03>B2><>D=2>=9D=C>
"402D8303>B0<4=C4;>B?A>2438<84=C>B3434B<>=C094H<>=C094344BC4<0=D0;0=C4B348=8280A;>BCA0109>B
"8<?80A;>B2><?>=4=C4B?>A2><?;4C>2>=0248C434<>C>A0=C4B34;<>=C094B84B=424B0A8>
3A4=0A2><?;4C0<4=C44;0248C434;<>C>A4;A45A864A0=C4
H4;2><1DBC81;434;E47R2D;>HB4;;0A;0B4=CA030B2>=;>BC0?>=4B0=C4B34A4C8A0A4;<>C>A
)>30;08=C4A54A4=2803414B4A4;8<8=03>0=C4B34A4C8A0A4;<>C>A
Z 5,56(/$'((5&$2(
*B4;>B6D0=C4B34?A>C4228T=0=C4B34A4C8A0A4;CD1>344B20?4
;CD1>344B20?44BCP<DH20;84=C48=<4380C0<4=C434B?DQB34?0A0A4;<>C>A--
><?AD414B84;CD1>344B20?44BCPC>C0;<4=C44=5A803>0=C4B
34A4E8B0A4;B8BC4<0344B20?4
Z ,56(/$'(4()4,*(4$&,A0
A45A864A0=C420;84=C44B20;303>H4;E0?>A?D434=B4AB>?;03>B0201>109>?A4B8T=;>@D4?>3AR020DB0A;4B8>=4B6A0E4B
$D=20@D8C44;
C0?T=34;34?TB8C>34A45A864A0=C42D0=3>4;<>C>AH4;A03803>A4BCQ=20;84=C4B
Z 24,(6((.57-(6$'14
;E>;E4A0<>=C0A;0B?84I0B0DC8;8244;P=6D;>340?A84C42><>D=?0B>58=0;

"8<?80A;0BBD?4A58284B342>=C02C>0=C4B340?A4C0A

>;>20A;0B<0A20B2>=?8=CDA0?0A00?A4C0A?>A4;P=6D;>B84;P=6D;>34;0;;0E4=>4BCP38B?>=81;4
"0?>B828T=H;038A4228T=34;0B2><?>=4CB34;B410B04=;0E8BC0CA0B4A0
$>0?A84C4;>BBD94C03>A4B2>=5D4AI04G24B8E0
B?4280;<4=C4;>B78;>B341;>@D43428;8=3A>B?>3AR0=30S0AB4
;?4A=>34C>A=8;;>0DC>7024@D44;78;>4=BR0;0?A4C0A;0<8B<0
$>0?;8@D4D=05D4AI04G24B8E0
$>ED4;E00DC8;8I0A4;
C>A=8;;>@D4B470A45>AI03>2>=4;<QC>3>34P=6D;>340?A84C4

Z 5,56(/$'(&1/%756,%.(;'($&(,6('(./1614
;0248C434;<>C>AH34;2><1DBC81;430S0;0BD?4A58284BH20D27>?8=C03><0C4A80;4B34;E47R2D;>
4B2>=42C0A4;201;4=460C8E>34;010C4AR00=C4B3430AB4AE828>0;B8BC4<0342><1DBC81;4H?A4?0A0A4;060AA42>=42C>A34B4AE828>
D0=3>B4CA010902>=;>BB8BC4<0B342><1DBC81;4>0248C44=PA4024AA030B84<?A4<0=C4=604;PA4034CA0109>184=E4=C8;03>H=D=20
?4A<8C0@D4=03845D<4
$>?4A<8C0@D4;060B>;8=0?0A0?>=4AB44=2>=C02C>2>=;0B?84I0B346><0>342D4A>
>=2D8303>B4?0A0A;0CD14AR04=CA4;01><10342><1DBC81;4340;C0?A4B8T=H4;8=H42C>A342><1DBC81;434<0=4A0@D42D0;@D84A2><1DBC81;4?D434B4A
34AA0<03>
;814A0AC>C0;<4=C4;0?A4B8T=34;B8BC4<0342><1DBC81;40=C4B34A4C8A0A2D0;@D84A?0AC434B8BC4<0342><1DBC81;4
&0A0;814A0A;0?A4B8T=34;2><1DBC81;4
4=;0;R=40340;C0?A4B8T=3490A4=5A80A05>=3>
!D=C0BHB4;;>B4=;>BB8BC4<0B342><1DBC81;4H340248C43414=B4ABDBC8CD83>B?>A>CA>B=D4E>B
)>3>B
;>B?4A=>BH;0BCD4A20BB43414=0?A4C0A2><>B44B?4285820
"04G?>B828T=?A>;>=60300;0<0A2034;<>C>A340248C420DB0D=2P=24A34?84;>D=08AA8C028T=
2>C08=B<>C>ADB03>4;<0C4A80;?4;86A>B>
@D4?D43420DB0A4;2P=24A34?84;
$>?4A<8C0@D44;<>C>ADC8;8I03>?0A07024A2>=C02C>2>=;0?84;
B46UA4B434DB0A;>B6D0=C4B34?A>C4228T=H6050B0;<0=8?D;0A4;0248C434;<>C>A
(8>2DAA42>=C02C>4=9D06D4;0BPA40B
0542C030B8=<4380C0<4=C42>=01D=30=C406D0
$>;>;0E42>=60B>;8=0>38B>;E4=C4
(8;08AA8C028T=?4AB8BC42>=BD;C0A0D=<Q382>
=2>AA42C0<4=C40248C434<>C>A38B?D4BC0?D4342>=C0<8=0A4;<438>0<184=C4
4B4270A4;0248C434;<>C>AH58;CA>340248C4DB03>3402D4A3>
2>=;0BA46D;028>=4B0<184=C0;4B;>20;4B
B46UA4B434A4E8B0A;0B2>=4G8>=4B345D60B34B?DQB34;08=BC0;028T=
Z ',5215,6,815(.>&64,&15
4GCA0>A38=0A8>2D8303>3414B4AC><03>0;B4AE828>34;>BB8BC4<0B4;Q2CA82>B
2CD0;<4=C44;<>C>ADC8;8I0D=06A0=20=C83033438B?>B8C8E>B
4;Q2CA82>B
2>AC>28A2D8C>HD=<0;2>=C02C>?D434?A>E>20A@D44;A4=38<84=C>34;<>C>A1090;02><1DBC8T=8=2><?;4C0H>CA0B0=><0;R0B
&0A04E8C0A2D0;@D84A30S>0;>BB8BC4<0B4;Q2CA82>B0B46UA4B43434B2>=42C0A4;=460C8E> 34;201;434;010C4AR0H2>;>@D44;8=C4AAD?C>A34
4=24=383>0;0?>B828T=%0=C4B3430AB4AE828>
*C8;824BT;>;0B?0AC4B4B?428582030B2>=;0B<8B<0B20;8582028>=4B0;BDBC8CD8A;>B38B?>B8C8E>B4;Q2CA82>B
><?A>10A;>B<>C8E>BH;0B
2>=4G8>=4B4BCP=5;>9>B

144($'($0(-1
Z !,5,A0'(&10-7061
0H3>BC8?>B34B8BC4<03428=CDAT=&(;42CA82&>F4A(C44A8=6H&(38A4228T=0B8BC830783APD;820
=4;E47R2D;>2>=4;(&4=;D60A34;0
?>;403438A4228T=0B8BC830;0?>;40;>20B48=BC0;04=4;<>C>A
;B8BC4<03428=C04BD=B>;>B8BC4<034CA0=B<8B8T=?>A2>AA40@D4DC8;8I0B>;0
2>AA404=+2>=A0=DA0B
BC438B4S>?A>?>A28>=0;0;0A60E830UC8;HA43D240;<R=8<>4;34B;8I0<84=C>34;02>AA40H4;AD83>
Z &1/210(06(5
10',4(&&,A0$5,56,'$+,'4=7.,&$ 10.(&64,&19(46((4,0*
>=?>;40;>204=;D60A34;038A4228T=0B8BC830
>=?>;4034;01><103438A4228T=0B8BC830 ?>;4034;01><10
">=68CD334;02>AA40 << ">=68CD334;02>AA40 <<

?>;4034;286V4S0;

2>=3828>=03>A3408A434;2><?A4B>A

><103406D0

0;C4A=03>A
?>;40
)4=B8>=

&>C4=280?>;4034;01><103438A4228T=

&>;40C4=B>A0

.&10-70616(0514+,'4=7.,&1
Z !,5,A0'(&10-7061
;C4=B>A783APD;82><0=C84=4;0C4=B8T=34;02>AA40?0A0A43D28A0;<R=8<>4;34B;8I0<84=C>H;0E81A028T=H?A>?>A28>=0;0A60E830UC8;34;02>AA40
C4=B>A
783APD;82>2>=BC034<D4;;4783APD;82>C4=B8T=0<>AC86D03>A783APD;82>1A0I>34?0;0=20H;0?>;4034C4=B8T=
&0A0CA0=B54A8A;0C4=B8T=0;02>AA4034;C4=B>A783APD;82>4=4;4B?028>34CA0109>A43D283>4=4;<>C>A344;B8BC4<03428=CDAT=DC8;8I04;1A0I>34
?0;0=20<PB;0A6>
Z 1&$.,<$&,A0;1/210(06(5
&10-70616(0514+,'4=7.,&1
&1/210(06(5
1 1/%4(
C0?034?>;4034;C4=B>A
)4=B>A34?>;40?4A=>34<>=C094
&>;40C4=B>A0
A0I>34?0;0=20
?4A=>C4=B>A783APD;82>
C4=B>A783APD;82>

.$21.($'(&,*B(@$.
Z !,5,A0'(&10-7061
;C8?>?D=C0;C4=B>A09DBC00DC><PC820<4=C4;0C4=B8T=34;02>AA40?0A0?A>?>A28>=0A;058018;8303H;03DA018;8303?0A04;B8BC4<0
.;0C4=B8T=34;0
2>AA40B4A43D24?0A0<8=8<8I0A;0?QA3830?>A5A8228T=H<49>A0A4;AD83>345D=28>=0<84=C>34;02>AA40
Z %,&$&,A0
1.($'(.&,*B(@$.
/$4&$'(',564,%7&,A0

Z %,&$&,A0
4(06(&10-7061'(/106$-( &10-7061'(/106$-('(.$'(4(&+$
*182028T=&0AC45A>=C0;34;020A20B0H4;494CA0=BE4AB0; ;03>34;1;>@D434;<>C>AH34;;03>34;2D4A?>*182028T=
;03>5A>=C0;34;<0A2>34BD1 <84<1A>
">20;8I028T= <>=C0945A>=C0; *182028T= <>=C09434A4270
&10-7061'(/106$-('(.$,<37,(4'$ 4$5(4$&10-7061'(/106$-(
*182028T=0A0BD?4A8>A34;0E8E84=30H34;CA0=B494 *182028T=&0AC4?>BC4A8>A34;020A20B05A>=C0;HCA0=B494
>A60=8B<><84<1A>;0C4A0; ;03>34;<0A2>34BD1
">20;8I028T= <>=C0948I@D84A3> ">20;8I028T= <>=C094?>BC4A8>A

Z 70&,A0
2$4,(0&,$ ,21;)70&,A0
<>=C0945A>=C0;(>?>AC48B;0=C4 )8?>)8?>346><0D=28T=<>=C094
A40228T=34C>AB8T=340?>H>
<>=C094?>BC4A8>A(>?>AC48B;0=C4 )8?>)8?>346><0D=28T=<>=C094
A40228T=34C>AB8T=340?>H>
<>=C0948I@D84A3>(>?>AC48B;0=C4 )8?>0D27>D=28T=C8?>34<>=C094
0HD3034;010AA034;CA4=345D4AI0
A40228T=34?0A0?>H>
<>=C094?>BC4A8>A(>?>AC408B;0=C4H)8?> 0<>AC86D03>AD=28T=34C8?>783APD;82>34<>=C094
0HD3034;010AA034;CA4=345D4AI0
CA4=34?>C4=2800<>AC86D03>A34E81A028>=4B34A41>C4
A40228T=34?0A0?>H>

'(.$&7.$6$
Z !,5,A0'(&10-7061
;2>=9D=C>342014I03428;8=3A>B44=2D4=CA04=4;1;>@D43428;8=3A>B
BC42>=C84=4;02P<0A0342><1DBC8T=;>B?D4AC>B3403<8B8T=H4B20?420A20B034;0EP;ED;04=5D=28>=0<84=C>HD=060;4AR0340248C4
.4BC>C0<18Q=
2>=C84=4;020<8B03406D0?0A038B8?0A4;20;>A34;02P<0A0342><1DBC8T=
Z %,&$&,A0
44,%$'(.$&7.$6$ $46(,0)(4,14'(.$&7.$6$'(&,.,0'415
.$'1'($'/,5,A0 .$'1'((5&$2(

Z (44$'1&106(&+1'(&$/,5$'($*7$/(-14$'(.$(),&,(0&,$&11.,/*
.$'1'($'/,5,A0 .$'1'((5&$2(
Z *$.(4?$'($&(,6('(.$&7.$6$

Z &1/210(06(5
=4%1.'(.(8$5'((5&$2( ! 5(*7,'14'(.,0*7(6(;
!!'(.=4%1.'(.(8$5'($'/,5,A0 .$215,&,A0'(.=4%1.'(.(8$5
(.=4%1.'(.(8$5'($'/,5,A0
(0*4$0$-( 5(0514

6$2$'(.$&7.$6$
Z !,5,A0'(&10-7061
"0C0?034;02D;0C0?A>C4644;B8BC4<034EP;ED;0
>=C84=44;B8BC4<034A4B?8A028T=2>=EP;ED;034&+?0A0;0A428A2D;028T=34;60B
1;>F 1H
B48=3D24;60B1;>F 1H4=4;2>;42C>A3403<8B8T=0CA0EQB34;0EP;ED;034?DA60H;0EP;ED;034&+
&0A0<49>A0A4;A4=38<84=C>
34B4;;03>B48=CA>3D24=D4E>?0CAT=34?4A=>B
.?0A0
?A4E4=8A;02>=64;028T=;0EP;ED;034&+B48=2;8=02>=L0;038A4228T=340109>
Z %,&$&,A0
7%,(46$'(6$2$'(&,.,0'41
?DA603>A
EP;ED;034&+

5$/%.($'(.=4%1.'(.(8$5
Z !,5,A0'(&10-7061
;PA1>;34;4E0B4B34C8?>7D42>H2>=C84=4;0;4E0;0;4E0>2CP6>=>60;4AR0%+A>C>A34?>B828T=34;4E0
;PA1>;34;4E0B>?4A0;0B
EP;ED;0B3403<8B8T=H344B20?4
Z %,&$&,A0
=4%1.'(.(8$5'((5&$2(
(.=4%1.'(.(8$5'($'/,5,A0
.$5/$4&$5'(4(*.$-(
;8=40A;0B<0A20B3438BCA81D28T=4=4;C0?T=34;01A83034;PA1>;
34;4E0BHPA1>;34;4E0B0;8=BC0;0A4;PA1>;34;4E0B3403<8B8T=
4B20?4

10-7061'(.$8=.87.$'($'/,5,A0(5&$2(,056$.$'$(0.$&7.$6$$4$&6(4?56,&$5
03DBC<4=C0DC><PC820347>;6DA034;0EP;ED;0?>A4;B8BC4<034?A4B8T=783APD;820<0=C4=8<84=C>34;0B?4BC0S0B/H3A0D;82
4;AD83>345D=28>=0<84=C>34;0EP;ED;038B<8=D83>
"038B<8=D28T=34;0?QA3830?>A5A8228T=<4380=C4;08=CA>3D228T=34;B46D83>A34;8=6D4C434;C8?>34A>38;;>
P=6D;>348=BC0;028T=+0;0E4 L
8B<8=D28T=34;020=C83032>AA84=3>?>A38B4S>2><?02C>0D<4=C>34EP;ED;0B86D84=C4<>E8<84=C>4=0;C0E4;>28303H;0<49>A034;042>=><R0342><1DBC81;4?>A
D=038B<8=D28T=34;0?QA3830?>A5A8228T=
,5215,&,A0;&1/210(06(5
2>=9D=C>344B20?434;PA1>;34;4E0B 4;<>=C09434;PA1>;34;4E0B3403<8B8T=
'4B>AC434EP;ED;0
B46D83>A34;8=6D4C4 09DBC03>A34EP;ED;0
783APD;820
+P;ED;0340B84=C>
BD?4A8>A34;A4B>AC4
B4;;>34;EPBC06>34;0EP;ED;0
6DR034;0EP;ED;0
2>=9D=C>34;0EP;ED;0344B20?4 2>=9D=C>34;0EP;ED;03403<8B8T=

706$'(&7.$6$
Z !,5,A0'(&10-7061
"09D=C0342D;0C04BCP8=BC0;03>4=CA44;1;>@D43428;8=3A>BH;02D;0C03428;8=3A>?0A0B4;;0A4;60B342><1DBC8T=34B34;02P<0A034
2><1DBC8T=0248C434<>C>AH4;A45A864A0=C4
Z %,&$&,A0
706$'(&7.$6$
0?0#"(0B:4CB?4B>A<<
2><?A8<83>&&#0G
10A

Z !,5,A0'(&10-7061
"02034=034CA0=B<8B8T=4B4;B8BC4<0340228>=0<84=C>342034=0U=8202>=D=38B4S>B8<?;4H4;A4=38<84=C>E0A801;4BH@D4DC8;8I04;C4=B>A
783APD;82>?0A0A43D28A4;8<?02C>34;0>=3064=4A030?>A;02034=0
"02034=0B8;4=28>B0?A>?>A28>=04;B8;4=28>3DA0=C4;0>?4A028T=
&0A0<49>A0A
$+B4708=CA>3D283>4;?4A=>34C>?4
Z ,5215,&,A0;1/210(06(5
75+&$'(0$572(4,14 =4%1.'(.(8$5'((5&$2( (.=4%1.'(.(8$5'($'/,5,A0
47('$'((52,*$5 47('$'((52,*$5
)8?>342034=0C8?>0A1DBC>8=38E83D0;
84=C4B40 ++)384=C4B
034=0B 40 40
6(0514+,'4=7.,&1 !
>=BC0344=27D54C4=B>A34;0E8E84=30 >=CA>;04;28A2D8C>783APD;82>?0A04;2>=CA>;34
?A8<0E4A0EP;ED;034A4C4=28T=H4B ;0AD43034=C03034;4E0B3403<8B8T=E0A801;4
>?4A03>?>A;0?A4B8T=783APD;820H;0
?A8<0E4A04=C4=B>A
&$44,.'(57-(&,A0
=BC0;03>4=CA4;0AD43034=C03034;
PA1>;34;4E0B3403<8B8T=H4;?8ST=
&$44,.'(6(0514
34;286V4S0;
=BC0;03>4=CA4;0AD43034=C03034;
PA1>;34;4E0BH4G90DBC?8ST=34;
286V4S0;
6(0514/(&=0,&1
%?4A03>?>AA4B>AC4C4=B>A
2,@A0'(.&,*B(@$.
84=C4B 40
$&$'(0$'(&$537,..1,0)(4,14
)8?>342034=0034=0BB>;>C8?>
2,@A0'(.$%1/%$'($&(,6(
0A1DBC>40
84=C4B40

.6,(/21&7%,(46$'(.$&$-$'((0*4$0$-(5
Z $4$&6(4,56,&$5
D=28T=?A8=28?0;&A>C4228T=34;B8BC4<034CA0=B<8B8T=?>A2034=0;05D=28T=34<4=>A8<?>AC0=280;8=309434;AD83>34;02034=03438BCA81D28T=
2D184AC034;02090344=6A0=094B4E8C0@D44;0248C4B44B20?4
;B4;;>5A>=C0;34;286V4S0;H4;B>?>AC434<>=C09434;<>C>A4BCP=8=BC0;03>B4=;02D184AC034;02090344=6A0=094B3438BCA81D28T=
&7%,(46$'(.$&$-$'((0*4$0$-(5'(',564,%7&,A0
$>C>@D44;;018>8=C4A=>34;B4;;>34;0=C4A>34;286V4S0;8=BC0;03>4=;02D184AC034;02090344=6A0=094B3438BCA81D28T=

+,'4=7.,&16(0514$761/=6,&1
=<>C>A4;C4=B>A0DC><PC82>783APD;82>B4DC8;8I0?0A0<0=C4=4A;0C4=B8T=?0A04;B8BC4<0340228>=0<84=C>342034=034<>C>A
;
C4=B>A0DC><PC82>4B>?4A03>?>A4;A4B>AC44=4;C4=B>AH;0?A4B8T=783APD;820
,5(@1;7%,&$&,A0
6(0514'(&$'(0$+,'4=7.,&1
60;4AR0340248C4

.$%1/%$'($&(,6((0514'(.$&$'(0$
,5(@1;7%,&$&,A0
6(0514'(.$&$'(0$1/%$'($&(,6(
%?4A03>?>AA4B>AC4C4=B>A
)8?>34C4=B>A><?4=B0AH01B>A184=3>4;8<?02C>4BCPC82>H5D4AI0
38=P<820;0?A8<0E4A0

&$'(0$'(',564,%7&,A0;($4
Z $'(0$'(',564,%7&,A0
&$'(0$'(',564,%7&,A0
84=C4B 40
&$'(0$'(.$%1/%$ &(,6(
84=C4B40
38B4S>B8<?;4?A>?>A28>=0;0B8=2A>=8I028T=>?C8<8I030
E81A028T=
2034=08B<8=D28T=H4;AD83>3438B4S>34D=0B>;04C0?0034=0
3420A60<8=8<8I03>

,(.(5'(&$'(0$
">B20AA8;4B34;02034=0B4DC8;8I0=?0A0>?C8<8I0A4;<>E8<84=C>34;B8BC4<0340228>=0<84=C>342034=0
.C0<18Q=4E8C0A@D4;02034=034?>=4AB44=
2>=C02C>4=CA4BR2D0=3>;02034=04BCP5;>90HA43D244;34B60BC434;02034=0
;20AA8;34;02034=0B47024=>A<0;<4=C434&?>;80<830=H;>=H
&H&B4DC8;8I0=?0A0;>B20AA8;4B342034=04=<>C>A
&0A04;20AA8;C4=B>A&B4DC8;8I0?0A0?A>?>A28>=0AD=00;C05D=28T=34
0=C8 34B60BC4H340;C0A4B8BC4=280H0@D4;020A600;20AA8;4B4=>A<4
)74A4BD=PA400184AC0?0A04;06D94A>?4A=>34C>?44=4;20AA8;34BD9428T=
">B
20AA8;4B34;02034=0B48=BC0;0=34?4A=>B34C>?4
&$44,.'(6(0514 &$44,.'(57-(&,A0
=BC0;03>4=CA4;0AD43034=C030 =BC0;03>4=CA4;0AD43034=C03034;
34;PA1>;34;4E0B344B20?4H4; PA1>;34;4E0B3403<8B8T=H4;?8ST=
286V4S0; 34;286V4S0;
AD430344B?860B

0)14/$&,A0*(0(4$.
81.$06('(,0(4&,$'('1%.(/$5$ .$&$'(&10'7&,4
$/%,1/$07$. 64$05/,5,A0$761/=6,&$
E>;0=C4348=4A280343>1;4<0B0A43D24;0A>C028T=34B4@D8;81A03034 "0?;020340228>=0<84=C>8=8280;<4=C48<?D;B04;B8BC4<034CA4=34?>C4=280
286V4S0;4=E47R2D;>4@D8?03>CA0=B494<0=D0;
;E>;0=C4348=4A280 <4380=C44;DB>34;0?>C4=28034;<>C>A340AA0=@D40;0AA0=20A4;<>C>A
"0
4BCP8=BC0;0304=4;286V4S0;HB43438200;038B2>344<1A06D4?0A0 ?;020340228>=0<84=C>4BCP8=BC0;03>4=4;286V4S0;HB43438200;034;
CA0=B54A8A4;?0A340228>=0<84=C>34B344;<>C>A0;B8BC4<034CA4=34 2>=E4AC83>A34?0A34CA0=B<8B8T=0DC><PC820?0A0CA0=B54A8A4;?0A34
?>C4=280
34<PB#38B<8=DH44;AD83>34CA0@D4C4>4=CA0=B494H;0 0228>=0<84=C>34B344;<>C>A0;B8BC4<034CA4=34?>C4=280
E81A028T=34;E47R2D;><4380=C4;0A43D228T=34;0B3854A4=280B34?0AH
;0E4;>2830334A>C028T=34183>0;02><1DBC8T=4=4;<>C>A

70&,10$/,(061'(
><?4=B0=3>4;5D=28>=0<84=C>8AA46D;0A34;<>C>A;E>;0=C4348=4A280B42D=30A80>?4A020B84=?0AC4B86D0;4B?>A;>@D4=>?A>E>20AD83>B34
<0A270
"0<0B034;E>;0=C4348=4A280?A8<0A804B34<4=>B34E>;0=C4348=4A2802>=E4=28>=0;?>A;>@D4;08AA46D;0A830334;<>C>A0D<4=C0<PB<4=>B
4542C>3401B>A28T=34?D;B028T=
5D=28T=34?A>C4228T=)A0=B0G;4'43D24;0E81A028T=C>AB8>=0;0<420=8B<>34CA0=B<8B8T=CA0=B494<4380=C4;0A43D228T=34;08AA46D;0A830334<>C>A
&$44(4$'(&1/24(5,A0 &$44(4$'(&1/%756,A0
(37(@15&$/%,15'(/1614 15*4$0'(5&$/%,15'(/1614-
0<?4A0D<4=C0;>B20<18>B34?0A?0A04<1A060A 0<?4A38B<8=DH4;>B20<18>B34?0A0CA0=B494
01B>A184=3>4;8<?02C>
&748$'(&$/%,1'(2$4'(.(-('(./1614;.$70,'$'

&$4$&6(4?56,&$5'(
'43D228T=34;AD83>34;0E81A028T=34;02034=034CA0228T=<4380=C44;1;>@D4>34;0E81A028>=4B34C>AB8T=<49>A030
B8;4=28>E47R2D;>H<>=C0A;0B2><>383034B?0A<>C>AA43D283>345;D2CD028T=A43D2830B7>2:B20<180=C4B

(D0E4024;4A028T=H34B024;4A028T=
!(06$-$5'(
A4B?D4BC034?0A<49>A030<4380=C44;DB>34C8?>344C0?0B?A8<0E4A0'45D4AI0;0A4B?D4BC034?0A4=C>3>B;>BA0=6>B1090<4380H
0;C0E4;>28303<4380=C4;00?;82028T=A4B?42C8E02>=BC0=C434A4B>AC44=203060<0
A4E>;D28T=4BC01;434;0AD430?A8<0A80HB42D=30A80<4380=C44;DB>344=6A0=094B?;0=4C0A8>BD=28>=00<>AC86D03>A2><>0DG8;80A2>=CA0;>B20<18>B
34A4B>AC4
;064=4A028T=3420;>A<4=>A34183>0;05A8228T==>38A42C02>=CA0;0BD?4A5828434;0?A8<0E4A0;<0C4A80;34?;PBC82>B42D1A44=;0BD?4A582844GC4A8>A34;A4B>AC4
D<4=C>34;03DA018;8303<4380=C44;DB>3420B@D8;;>34?;PBC82>B44GC84=34;0E830UC8;34;06A0B0

Z !,5,A0'(&10-7061
2>=9D=C>34?8BCT=2>=C84=4?8BCT= 0=8;;>34;0=8;;>0=8;;>340248C44;?0B03>A34?8BCT=H4;0=8;;>34A4C4=28T=
"04=4A6R0344G?0=B8T=34;
<>C>AB4CA0=B584A40;286V4S0;0CA0EQB34;0184;0?0A02>=E4AC8A4;<>E8<84=C>;8=40;0;04=4A6R034A>C028T=
Z ,5215,&,A0;1/210(06(5
$46(572(4,14
10'1
&1/210(06(5
=8;;>34?8BCT=
&8BCT=
0=8;;>=>

0=8;;>=>

=8;;>34A4C4=28T=
=8;;>340248C4
&0B03>A34;?8BCT=

Z )70&,10(5
&8BCT=CA0=B584A4;04=4A6R0342><1DBC8T=34;<>C>A0;0E0A8;;0342>=4G8T=
$0,..1 ,56A0
0=8;;>0=8;;>BD?4A8>AE8C04;0;C>60B342><1DBC8T=?A4BDA8I03>B44B20?44=;02P<0A034<0=8E4;0H4E8C0@D44;0248C434;
<>C>A4=CA0A4=;02P<0A0342><1DBC8T=
0=8;;>A0B?04;0248C434;<>C>A4=4;>A85828>34;28;8=3A>H4E8C0@D44;60B342><1DBC8T=B458;CAT34 0=8;;>B458;CA44=;02P<0A034
286V4S0;
0=8;;>340248C4A0B?04;0248C434;<>C>A4=4;>A85828>34;28;8=3A>
2,0,56A0
(42>=42C04;?8BCT=34;0E0A8;;0342>=4G8T=HCA0=B584A44;<>E8<84=C>;8=40;34;?8BCT=0;EPBC06>342>=4G8T=?0A02>=E4AC8A4=4=4A6R034
A>C028T=
$0,..10$2
;>@D404;?0B03>A34?8BCT=
Z 0,..1'(2,56A0
%4(&+$2,56A0(:64(/1'($0,..1// +1.*74$.$6(4$.'(.$0,..1'(2,56A0//
1A427034 58=0; J A0=DA0J

4B?028>3458=0;4BJ BDA2>J

Z 106$-('(.2,56A0
=BC0;0A;>B0=8;;>B34;?8BCT=2>=;0<0A20-4=4;0=8;;>702800AA810
>;>@D4;01A427058=0;34 0=8;;>4= X;49>B34;01A427058=0;340=8;;>

>;>@D4;01A427058=0;34;0=8;;>340248C44= X;49>B34;0
1A4270344GCA4<>34;<D4;;474;82>830;H;0?>B828T=34;01A427058=0;34;0=8;;>340248C40X;49>B34;01A427058=0;340=8;;>
/$4&$'(.$ 5$/%.($
12572(4),&,('(.2,56A0 12572(4),&,('(.%.137('(&,.,0'415
28;8=3A>

Z !,5,A0'(&10-7061
84;02>=E84AC44;<>E8<84=C>0;C4A=0C8E>34;?8BCT=?0A04;<>E8<84=C>34A>C028T=34;286V4S0;
;4GCA4<>6A0=344BCP2>=42C03>0;
2>98=4C434184;0H;0A4E8BC0<DS4@D8;;034;286V4S0;H4;4GCA4<>?4@D4S>4BCP2>=42C03>0;?0B03>A34?8BCT=
Z &1/210(06(5
,(.$
&1/210(06(5

&8BC>=?8=0A1DBC>E0A8;;0342>=4G8T=@D4
2>=42C0;010AA0340?>H>BD?4A8>A84;0
(*$%
%
2>98=4C48=54A8>A>=4G8T=34C0?034;0
'
184;034?4A=>C0?034;0184;0

Z (.(&&,A0'(&1-,0(6('(%,(.$
(4;4228>=4;02><18=028T=342PB20A0342>98=4C43402D4A3>2>=;0B86D84=C4C01;0
1041'# 1041'#"
(52(-(
4$'1 4$'1
A>9> ID; J
<0A8;;> <0A8;;> J
ID; A>9> J

Z !,5,A0'(&10-7061
86V4S0;4BCP8=BC0;03>4=4;1;>@D43428;8=3A>B
;286V4S0;2>=E84AC44;<>E8<84=C>0;C4A=0C8E>34;?8BCT=?0A04;<>E8<84=C>
A>C0C8=0;
Z ,5215,&,A0;1/210(06(5
,*B(@$.

Z (.(&&,A0'(41'$/,(06124,0&,2$.'(.&,*B(@$.
$46(,0)(4,14'(.%.137('(&,.,0'415 ,*B(@$.572(4),&,('(,056$.$&,A0'(.2,@A0
$><1A4

34;<>C>A
?A8=28?0; '',,'
6>AAT=

MLIDJFEHCGK
,=/(641'(.$4(8,56$24,0&,2$.'(. ,=/(641'(.$
/$4&$
&,*B(@$.(0(.&,.,0'41 /$4&$ 1.14 /7@(37,..$'(.&,*B(@$.
'( 1.14
%.137(// 24,0&,2$.//
270<A0
B46D=3> ID; J
ID; J
. <0A8;;> J
<0A8;;> J
' A>9> J
A>9> J
, ;0=2> J
+ +8>;4C0 J
,*B(@$.'(&1-,0(6(,0)(4,14 ,*B(@$.'(&1-,0(6(,0)(4,14

Z !,5,A0'(&10-7061
;1;>@D43428;8=3A>B4BCP7427>34784AA>5D=383>4B?4280;H2>=C84=4;>B2><?>=4=C4B?A8=28?0;4BC0;4B2><>2014I03428;8=3A>4;286V4S0;
H4;2>=9D=C>34;?8BCT=
0H60;4AR0B340248C4HA45A864A0=C4?0A0;D1A820AH4=5A80A4;<>C>A
Z &1/210(06(5
!,56$)4106$.

C>A=8;;>&;D64=27D5420<8B03406D0$<C0?T=34
4G?0=B8T=8=64BC0?8=A4B>AC4<>=C09460;4AR0
(*$%
%
340248C42>=9D=C>3458;CA>340248C4C>A=8;;>B4=B>A34
'
?>B828T=C0=:B705C&;D6<>=C09460;4AR0340248C4
#
4=27D54?8=A4B>AC4''B40;<>=C094
'#%
!,56$64$5(4$

&A8<0E4A0?8=<>=C0943428;8=3A>34;02014I0344=27D5434
4G?0=B8T=344B20?4)>A=8;;>34284AA4C0?T=3420<8B034
(*$%
%
06D0$<)>A=8;;>34284AA460;4AR0340248C44=27D54?8=
'
?A8<0E4A0)

Z ).7-15'(4()4,*(4$06(;(.$&(,6(
$&(,6('(./1614
014I03428;8=3A>
CD14AR034A45A864A0=C4
8;8=3A>20<8B03406D034
1;>@D4 )4A<>BC0C>
1><1034A45A864A0=C4
()4,*(4$06('(
;R=4034BD<8=8BCA>0;02D;0C03428;8=3A>B
;R=4034BD<8=8BCA>0&!
2>98=4C4?A8=28?0;
2>=9D=C>3458;CA>340248C4
><10340248C4

52(&,),&$&,A0
0,'$' (5&4,2&,A0 52(&,),&$&,A0
;CDA0
<<
&4B> :6
014I03428;8=3A> ";0=DA0 &>A34109>34<<
D9R02><?4=B03> <<
A>B>A34;09D=C0342D;0C02D0=3>2><?A8<83>
<<
>=BD<> J<<

4;9D46>0G80;
B20?4 J<<
EP;ED;03403<8B8T=0184AC0 )
4AA0A;0EP;ED;03403<8B8T=
34C84<?>34EP;ED;0
OA1>;34;4E0B
EP;ED;0344B20?40184AC0
;0EP;ED;0344B20?424A20 )
8P<4CA> <<
2>98=4C4;8B> =27DA0 <<
7>;6DA0340248C4 J<<
B24=B>A34EP;ED;03403<8B8T= #0G
<<
B20?43403<8B8>= B24=B>A34EP;ED;0344B20?4 #0G

<<
EP;ED;0
DA028T=34;0EP;ED;03403<8B8T=
<<
DA028T=34;0EP;ED;0344B20?4
<<
84;0 4;9D46>0G80; J <<

1/%4( 6$/$@1 $06,'$' 2$4'($24,(6(
0;4=C03>A34?4A=>A>B203>=U2;4> M$<
?4A=><0A2>34;04B20;4A0 #- - M$<
) #- - M $<
)0?T=343A4=094340248C4 M$<
?4A=>2PAC4A340248C4 #- - 38428BQ8B M $<
?4A=>2PAC4A340248C4 #- - M $<
?4A=>2PAC4A340248C4 #- - M $<
?4A=>3420;81A4E0A8;;0340248C4 #- - M $<
C0?034;PA1>;34;4E0B #- - M $<
&A8=28?0;?4A=>A>B203>60;4AR0 M$<
&A8=28?0;?4A=>34;0C0?0342>98=4C4 $<L
?4A=>342D;0C0 # -
- $< L
D;0C0?4A=>;03>) #- - M$<
2D184AC05A>=C0;?4A=>342D;0C0 #- - M $<
8;8=3A>?4A=>34;0C0?0342D;0C0 #- - M $<
?4A=>24=CA0;34;286V4S0; # - - M$<
L L
?4A=>34;E>;0=C4 # - - M$<
L L
>=4G8T=34?4A=>34;0E0A8;;0 #- - $<
L L
?4A=>34;0C0?00< #- - M $<
)0?034;4E0?4A=>J #- - 38428BQ8B M $<
?4A=>34;0EP;ED;034B>;4=>834 #-
- M $<
?4A=>342>;42C>A3403<8B8T= #- - M$<

1/%4( 6$/$@1 $06,'$' 2$4'($24,(6(
>;42C>A3403<8B8T=?4A=>34B>?>AC48=54A8>A #- - M$<
44B20?4CD4A202>;42C>A M$<
?4A=>?A>C42C>A40C #- - M $<
?4A=>3427>AA>340248C4 M $<
?4A=>34;01><10340248C4 #-
- M$<
8;CA>340248C4?4A=>34<>=C0942>=9D=C> #-
- M$<
8;CA>340248C4?4A=>34<>=C0942>=9D=C> #-
- M$<
?4A=>34;01><103406D0 #- - M $<
)4=B>A342>AA40?4A=>BD?4A8>A #-
- M$<
8=CDAT=C4=B>A8=54A8>A?4A=> # - - M$<
?4A=>34;0?>;4034;01><103406D0 #- - M $<
?4A=>34;C4A<>BC0C> #- - M $<
'45A864A0=C4?4A=>?D4AC>34B0;830 #- - M $<
CD14AR034A45A864A0=C4?4A=>34<>=C094 #- - M $<
01A0I034A034;0<0=6D4A03434A8E028T= # M$<
?>;40;>20&( M$<
#>C>A?4A=><>D=C8=54B?PAA06> M$<
A4=C434;<>C>A34C>A=8;;>34589028T= # - M$<
A4=C434;<>C>A34C>A=8;;>34589028T= # - M$?>AC434BDB?4=B8T=34;0=C4A034;<>C>A #- - M$?>AC434BDB?4=B8T=CA0B4A034;<>C>A #- - M$<
*=?4A=>2><?A4B>A M$<
?4A=>34;0;C4A=03>A # M$<
><84=24?4A=>34;<>C>A # #0G
=<

',4(&64,&(551%4((.(48,&,1
<>C>A4B34<>C>A34;0=C4A>5A>=C0;34;0D=8303)8?>34E47R2D;>
&>A;>C0=C>70H0;6D=>BCA0109>B34<0=C4=8<84=C>HA4?0A028T=
3454A4=C4B4=2><?0A028T=2>=4;<>C>A34'<>C>A34;0=C4A>?8ST=)8?>34E47R2D;>
&0A0;0B>1A0BB46DA0BH2>AA42C0BB43414=>1B4AE0A;>B
?A>2438<84=C>B34CA0109>48=BCAD228>=4B344BC4<0=D0;
.DC8;8I0A;0B74AA0<84=C0B34B86=030B34;0B86D84=C4<0=4A0
(>?>AC434;010B434<>=C09434;CA4=345D4AI0;0BDB?4=B8T=34;<>C>A<>C>AC><034<>C>A4B34CA0109>?4B03>
Z 4(&$7&,10(5$06(5'(.$51%4$5'(5(48,&,15
<>C>A4B<>C>A34;0=C4A>5A>=C0;34;0D=8303)8?>34<>C>AH4;<>C>AH;0CA0=B<8B8T=4BCP=8=C46A03>B4=D=<8B<>
<T3D;>
'42D4A34@D470H<D270B3854A4=280B4=2><?0A028T=2>=;>B<>C>A4B2>=E4=28>=0;4B4=;0'<>C>A34;0=C4A>?8ST=)8?>
34E47R2D;>(*+
&0A0@D8C0A4;<>C>ADC8;8I0A;>B4@D8?>B3438203>BC0;4B2><>C><034<>C>A60C>34CA0=B<8B8T=B>?>AC434;<>C>AH34;06AU034;
<>C>A C>=4;030
&0A04E8C0A@D44;<>C>A0AA0=@D41ADB20<4=C43DA0=C44;B4AE828>4=4;2><?0AC8<84=C>34;<>C>A=D=20?4A<8C0@D4=0384?4A<0=4I204=4;
E47R2D;>
B46UA4B43434B2>=42C0A4;201;4=460C8E> 34;201;434;010C4AR0?0A04E8C0A2D0;@D84A30S>0;>BB8BC4<0B4;Q2CA82>B
B46UA4B434;8<?80A;0I>=034CA0109>H?A4?0A0A;0B74AA0<84=C0B=424B0A80B0=C4B5D=28>=04;B4AE828>
(84<?A42>;>@D44;8=C4AAD?C>A34
4=24=383>0;0?>B828T=%B8=>4B=424B0A8>
4;>2>=CA0A8>?>3AR07014A30S>8=4B?4A03>038B?>B8C8E>B4;Q2CA82>B>;4B8>=4B?4AB>=0;4B
34183>02>AC>28A2D8C>
&0A04E8C0A;04=CA03034<0C4A80;4GCA0S>4=4;B8BC4<0348=H4228T=342><1DBC81;42><?;4C0<4=C4B4;;0A;0B
4=CA030B34;01><10&<0=6D4A0B342><1DBC81;4H;>BCD1>B340;C0?A4B8T=
$>A4C8A44;<>C>A<84=CA0B@D44;0?>H>34;2PAC4A340248C4
2>=D=60C>
Z ..(8$06$4(.8(+?&7.1
=C4B34;4E0=C0A4;E47R2D;>2>=D=4;4E03>A0?>H0A2>AA42C0<4=C4;>B?D=C>B344;4E028T=
&0A04E8C0A@D44;E47R2D;>AD434702800109>?>=4A;0B2DS0B34109>34;0B;;0=C0B2D0=3>B4DC8;8I0D=0B24=B>A ?>BC
B46UA4B4340?>H0A;>B?D=C>B34
4;4E028T=2>AA42C>B2D0=3>B4DC8;8I0D=4;4E03>A342>;D<=0B

Z 1614;$&&(514,15
#>C>AC84=4D=06A0=20=C8303342><?>=4=C4B?A428B>B
;?0A340?A84C44B?42858203>H?A>2438<84=C>B2>AA42C>B3414=<0=C4=4AB43DA0=C44;
5D=28>=0<84=C>344BC4B4AE828>
.4;PA4034CA0109>4BCPB84<?A4;8<?8>H184=?A4?0A03>
;34B<>=C0A4;<>C>A?0AC4BA4;028>=030BC>A=8;;>B9D=C0B4C2

3414=B4A0;<024=03>B2><>D=2>=9D=C>
"402D8303>B0<4=C4;>B?A>2438<84=C>B3434B<>=C094H<>=C094344BC4<0=D0;0=C4B348=8280A;>BCA0109>B
"8<?80A;>B2><?>=4=C4B?>A2><?;4C>2>=0248C434<>C>A0=C4B34;<>=C094B84B=424B0A8>
3A4=0A2><?;4C0<4=C44;0248C434;<>C>A4;A45A864A0=C4
H4;2><1DBC81;434;E47R2D;>HB4;;0A;0B4=CA030B2>=;>BC0?>=4B0=C4B34A4C8A0A4;<>C>A
)>30;08=C4A54A4=2803414B4A4;8<8=03>0=C4B34A4C8A0A4;<>C>A
Z 5,56(/$'((5&$2(
*B4;>B6D0=C4B34?A>C4228T=0=C4B34A4C8A0A4;CD1>344B20?4
;CD1>344B20?44BCP<DH20;84=C48=<4380C0<4=C434B?DQB34?0A0A4;<>C>A--
><?AD414B84;CD1>344B20?44BCPC>C0;<4=C44=5A803>0=C4B
34A4E8B0A4;B8BC4<0344B20?4
Z ,56(/$'(4()4,*(4$&,A0
A45A864A0=C420;84=C44B20;303>H4;E0?>A?D434=B4AB>?;03>B0201>109>?A4B8T=;>@D4?>3AR020DB0A;4B8>=4B6A0E4B
$D=20@D8C44;
C0?T=34;34?TB8C>34A45A864A0=C42D0=3>4;<>C>AH4;A03803>A4BCQ=20;84=C4B
Z 24,(6((.57-(6$'14
;E>;E4A0<>=C0A;0B?84I0B0DC8;8244;P=6D;>340?A84C42><>D=?0B>58=0;

"8<?80A;0BBD?4A58284B342>=C02C>0=C4B340?A4C0A

>;>20A;0B<0A20B2>=?8=CDA0?0A00?A4C0A?>A4;P=6D;>B84;P=6D;>34;0;;0E4=>4BCP38B?>=81;4
"0?>B828T=H;038A4228T=34;0B2><?>=4CB34;B410B04=;0E8BC0CA0B4A0
$>0?A84C4;>BBD94C03>A4B2>=5D4AI04G24B8E0
B?4280;<4=C4;>B78;>B341;>@D43428;8=3A>B?>3AR0=30S0AB4
;?4A=>34C>A=8;;>0DC>7024@D44;78;>4=BR0;0?A4C0A;0<8B<0
$>0?;8@D4D=05D4AI04G24B8E0
$>ED4;E00DC8;8I0A4;
C>A=8;;>@D4B470A45>AI03>2>=4;<QC>3>34P=6D;>340?A84C4

Z 5,56(/$'(&1/%756,%.(;'($&(,6('(./1614
;0248C434;<>C>AH34;2><1DBC81;430S0;0BD?4A58284BH20D27>?8=C03><0C4A80;4B34;E47R2D;>
4B2>=42C0A4;201;4=460C8E>34;010C4AR00=C4B3430AB4AE828>0;B8BC4<0342><1DBC81;4H?A4?0A0A4;060AA42>=42C>A34B4AE828>
D0=3>B4CA010902>=;>BB8BC4<0B342><1DBC81;4>0248C44=PA4024AA030B84<?A4<0=C4=604;PA4034CA0109>184=E4=C8;03>H=D=20
?4A<8C0@D4=03845D<4
$>?4A<8C0@D4;060B>;8=0?0A0?>=4AB44=2>=C02C>2>=;0B?84I0B346><0>342D4A>
>=2D8303>B4?0A0A;0CD14AR04=CA4;01><10342><1DBC81;4340;C0?A4B8T=H4;8=H42C>A342><1DBC81;434<0=4A0@D42D0;@D84A2><1DBC81;4?D434B4A
34AA0<03>
;814A0AC>C0;<4=C4;0?A4B8T=34;B8BC4<0342><1DBC81;40=C4B34A4C8A0A2D0;@D84A?0AC434B8BC4<0342><1DBC81;4
&0A0;814A0A;0?A4B8T=34;2><1DBC81;4
4=;0;R=40340;C0?A4B8T=3490A4=5A80A05>=3>
!D=C0BHB4;;>B4=;>BB8BC4<0B342><1DBC81;4H340248C43414=B4ABDBC8CD83>B?>A>CA>B=D4E>B
)>3>B
;>B?4A=>BH;0BCD4A20BB43414=0?A4C0A2><>B44B?4285820
"04G?>B828T=?A>;>=60300;0<0A2034;<>C>A340248C420DB0D=2P=24A34?84;>D=08AA8C028T=
2>C08=B<>C>ADB03>4;<0C4A80;?4;86A>B>
@D4?D43420DB0A4;2P=24A34?84;
$>?4A<8C0@D44;<>C>ADC8;8I03>?0A07024A2>=C02C>2>=;0?84;
B46UA4B434DB0A;>B6D0=C4B34?A>C4228T=H6050B0;<0=8?D;0A4;0248C434;<>C>A
(8>2DAA42>=C02C>4=9D06D4;0BPA40B
0542C030B8=<4380C0<4=C42>=01D=30=C406D0
$>;>;0E42>=60B>;8=0>38B>;E4=C4
(8;08AA8C028T=?4AB8BC42>=BD;C0A0D=<Q382>
=2>AA42C0<4=C40248C434<>C>A38B?D4BC0?D4342>=C0<8=0A4;<438>0<184=C4
4B4270A4;0248C434;<>C>AH58;CA>340248C4DB03>3402D4A3>
2>=;0BA46D;028>=4B0<184=C0;4B;>20;4B
B46UA4B434A4E8B0A;0B2>=4G8>=4B345D60B34B?DQB34;08=BC0;028T=
Z ',5215,6,815(.>&64,&15
4GCA0>A38=0A8>2D8303>3414B4AC><03>0;B4AE828>34;>BB8BC4<0B4;Q2CA82>B
2CD0;<4=C44;<>C>ADC8;8I0D=06A0=20=C83033438B?>B8C8E>B
4;Q2CA82>B
2>AC>28A2D8C>HD=<0;2>=C02C>?D434?A>E>20A@D44;A4=38<84=C>34;<>C>A1090;02><1DBC8T=8=2><?;4C0H>CA0B0=><0;R0B
&0A04E8C0A2D0;@D84A30S>0;>BB8BC4<0B4;Q2CA82>B0B46UA4B43434B2>=42C0A4;=460C8E> 34;201;434;010C4AR0H2>;>@D44;8=C4AAD?C>A34
4=24=383>0;0?>B828T=%0=C4B3430AB4AE828>
*C8;824BT;>;0B?0AC4B4B?428582030B2>=;0B<8B<0B20;8582028>=4B0;BDBC8CD8A;>B38B?>B8C8E>B4;Q2CA82>B
><?A>10A;>B<>C8E>BH;0B
2>=4G8>=4B4BCP=5;>9>B

144($'($0(-1
Z !,5,A0'(&10-7061
0H3>BC8?>B34B8BC4<03428=CDAT=&(;42CA82&>F4A(C44A8=6H&(38A4228T=0B8BC830783APD;820
=4;E47R2D;>2>=4;(&4=;D60A34;0
?>;403438A4228T=0B8BC830;0?>;40;>20B48=BC0;04=4;<>C>A
;B8BC4<03428=C04BD=B>;>B8BC4<034CA0=B<8B8T=?>A2>AA40@D4DC8;8I0B>;0
2>AA404=+2>=A0=DA0B
BC438B4S>?A>?>A28>=0;0;0A60E830UC8;HA43D240;<R=8<>4;34B;8I0<84=C>34;02>AA40H4;AD83>
Z &1/210(06(5
10',4(&&,A0$5,56,'$+,'4=7.,&$ 10.(&64,&19(46((4,0*
>=?>;40;>204=;D60A34;038A4228T=0B8BC830
>=?>;4034;01><103438A4228T=0B8BC830 ?>;4034;01><10
">=68CD334;02>AA40 << ">=68CD334;02>AA40 <<

?>;4034;286V4S0;

2>=3828>=03>A3408A434;2><?A4B>A

><103406D0

0;C4A=03>A
?>;40
)4=B8>=

&>C4=280?>;4034;01><103438A4228T=

&>;40C4=B>A0

.&10-70616(0514+,'4=7.,&1
Z !,5,A0'(&10-7061
;C4=B>A783APD;82><0=C84=4;0C4=B8T=34;02>AA40?0A0A43D28A0;<R=8<>4;34B;8I0<84=C>H;0E81A028T=H?A>?>A28>=0;0A60E830UC8;34;02>AA40
C4=B>A
783APD;82>2>=BC034<D4;;4783APD;82>C4=B8T=0<>AC86D03>A783APD;82>1A0I>34?0;0=20H;0?>;4034C4=B8T=
&0A0CA0=B54A8A;0C4=B8T=0;02>AA4034;C4=B>A783APD;82>4=4;4B?028>34CA0109>A43D283>4=4;<>C>A344;B8BC4<03428=CDAT=DC8;8I04;1A0I>34
?0;0=20<PB;0A6>
Z 1&$.,<$&,A0;1/210(06(5
&10-70616(0514+,'4=7.,&1
&1/210(06(5
1 1/%4(
C0?034?>;4034;C4=B>A
)4=B>A34?>;40?4A=>34<>=C094
&>;40C4=B>A0
A0I>34?0;0=20
?4A=>C4=B>A783APD;82>
C4=B>A783APD;82>

.$21.($'(&,*B(@$.
Z !,5,A0'(&10-7061
;C8?>?D=C0;C4=B>A09DBC00DC><PC820<4=C4;0C4=B8T=34;02>AA40?0A0?A>?>A28>=0A;058018;8303H;03DA018;8303?0A04;B8BC4<0
.;0C4=B8T=34;0
2>AA40B4A43D24?0A0<8=8<8I0A;0?QA3830?>A5A8228T=H<49>A0A4;AD83>345D=28>=0<84=C>34;02>AA40
Z %,&$&,A0
1.($'(.&,*B(@$.
/$4&$'(',564,%7&,A0

Z %,&$&,A0
4(06(&10-7061'(/106$-( &10-7061'(/106$-('(.$'(4(&+$
*182028T=&0AC45A>=C0;34;020A20B0H4;494CA0=BE4AB0; ;03>34;1;>@D434;<>C>AH34;;03>34;2D4A?>*182028T=
;03>5A>=C0;34;<0A2>34BD1 <84<1A>
">20;8I028T= <>=C0945A>=C0; *182028T= <>=C09434A4270
&10-7061'(/106$-('(.$,<37,(4'$ 4$5(4$&10-7061'(/106$-(
*182028T=0A0BD?4A8>A34;0E8E84=30H34;CA0=B494 *182028T=&0AC4?>BC4A8>A34;020A20B05A>=C0;HCA0=B494
>A60=8B<><84<1A>;0C4A0; ;03>34;<0A2>34BD1
">20;8I028T= <>=C0948I@D84A3> ">20;8I028T= <>=C094?>BC4A8>A

Z 70&,A0
2$4,(0&,$ ,21;)70&,A0
<>=C0945A>=C0;(>?>AC48B;0=C4 )8?>)8?>346><0D=28T=<>=C094
A40228T=34C>AB8T=340?>H>
<>=C094?>BC4A8>A(>?>AC48B;0=C4 )8?>)8?>346><0D=28T=<>=C094
A40228T=34C>AB8T=340?>H>
<>=C0948I@D84A3>(>?>AC48B;0=C4 )8?>0D27>D=28T=C8?>34<>=C094
0HD3034;010AA034;CA4=345D4AI0
A40228T=34?0A0?>H>
<>=C094?>BC4A8>A(>?>AC408B;0=C4H)8?> 0<>AC86D03>AD=28T=34C8?>783APD;82>34<>=C094
0HD3034;010AA034;CA4=345D4AI0
CA4=34?>C4=2800<>AC86D03>A34E81A028>=4B34A41>C4
A40228T=34?0A0?>H>

'(.$&7.$6$
Z !,5,A0'(&10-7061
;2>=9D=C>342014I03428;8=3A>B44=2D4=CA04=4;1;>@D43428;8=3A>B
BC42>=C84=4;02P<0A0342><1DBC8T=;>B?D4AC>B3403<8B8T=H4B20?420A20B034;0EP;ED;04=5D=28>=0<84=C>HD=060;4AR0340248C4
.4BC>C0<18Q=
2>=C84=4;020<8B03406D0?0A038B8?0A4;20;>A34;02P<0A0342><1DBC8T=
Z %,&$&,A0
44,%$'(.$&7.$6$ $46(,0)(4,14'(.$&7.$6$'(&,.,0'415
.$'1'($'/,5,A0 .$'1'((5&$2(

Z (44$'1&106(&+1'(&$/,5$'($*7$/(-14$'(.$(),&,(0&,$&11.,/*
.$'1'($'/,5,A0 .$'1'((5&$2(
Z *$.(4?$'($&(,6('(.$&7.$6$

Z &1/210(06(5
=4%1.'(.(8$5'((5&$2( ! 5(*7,'14'(.,0*7(6(;
!!'(.=4%1.'(.(8$5'($'/,5,A0 .$215,&,A0'(.=4%1.'(.(8$5
(.=4%1.'(.(8$5'($'/,5,A0
(0*4$0$-( 5(0514

6$2$'(.$&7.$6$
Z !,5,A0'(&10-7061
"0C0?034;02D;0C0?A>C4644;B8BC4<034EP;ED;0
>=C84=44;B8BC4<034A4B?8A028T=2>=EP;ED;034&+?0A0;0A428A2D;028T=34;60B
1;>F 1H
B48=3D24;60B1;>F 1H4=4;2>;42C>A3403<8B8T=0CA0EQB34;0EP;ED;034?DA60H;0EP;ED;034&+
&0A0<49>A0A4;A4=38<84=C>
34B4;;03>B48=CA>3D24=D4E>?0CAT=34?4A=>B
.?0A0
?A4E4=8A;02>=64;028T=;0EP;ED;034&+B48=2;8=02>=L0;038A4228T=340109>
Z %,&$&,A0
7%,(46$'(6$2$'(&,.,0'41
?DA603>A
EP;ED;034&+

5$/%.($'(.=4%1.'(.(8$5
Z !,5,A0'(&10-7061
;PA1>;34;4E0B4B34C8?>7D42>H2>=C84=4;0;4E0;0;4E0>2CP6>=>60;4AR0%+A>C>A34?>B828T=34;4E0
;PA1>;34;4E0B>?4A0;0B
EP;ED;0B3403<8B8T=H344B20?4
Z %,&$&,A0
=4%1.'(.(8$5'((5&$2(
(.=4%1.'(.(8$5'($'/,5,A0
.$5/$4&$5'(4(*.$-(
;8=40A;0B<0A20B3438BCA81D28T=4=4;C0?T=34;01A83034;PA1>;
34;4E0BHPA1>;34;4E0B0;8=BC0;0A4;PA1>;34;4E0B3403<8B8T=
4B20?4

10-7061'(.$8=.87.$'($'/,5,A0(5&$2(,056$.$'$(0.$&7.$6$$4$&6(4?56,&$5
03DBC<4=C0DC><PC820347>;6DA034;0EP;ED;0?>A4;B8BC4<034?A4B8T=783APD;820<0=C4=8<84=C>34;0B?4BC0S0B/H3A0D;82
4;AD83>345D=28>=0<84=C>34;0EP;ED;038B<8=D83>
"038B<8=D28T=34;0?QA3830?>A5A8228T=<4380=C4;08=CA>3D228T=34;B46D83>A34;8=6D4C434;C8?>34A>38;;>
P=6D;>348=BC0;028T=+0;0E4 L
8B<8=D28T=34;020=C83032>AA84=3>?>A38B4S>2><?02C>0D<4=C>34EP;ED;0B86D84=C4<>E8<84=C>4=0;C0E4;>28303H;0<49>A034;042>=><R0342><1DBC81;4?>A
D=038B<8=D28T=34;0?QA3830?>A5A8228T=
,5215,&,A0;&1/210(06(5
2>=9D=C>344B20?434;PA1>;34;4E0B 4;<>=C09434;PA1>;34;4E0B3403<8B8T=
'4B>AC434EP;ED;0
B46D83>A34;8=6D4C4 09DBC03>A34EP;ED;0
783APD;820
+P;ED;0340B84=C>
BD?4A8>A34;A4B>AC4
B4;;>34;EPBC06>34;0EP;ED;0
6DR034;0EP;ED;0
2>=9D=C>34;0EP;ED;0344B20?4 2>=9D=C>34;0EP;ED;03403<8B8T=

706$'(&7.$6$
Z !,5,A0'(&10-7061
"09D=C0342D;0C04BCP8=BC0;03>4=CA44;1;>@D43428;8=3A>BH;02D;0C03428;8=3A>?0A0B4;;0A4;60B342><1DBC8T=34B34;02P<0A034
2><1DBC8T=0248C434<>C>AH4;A45A864A0=C4
Z %,&$&,A0
706$'(&7.$6$
0?0#"(0B:4CB?4B>A<<
2><?A8<83>&&#0G
10A

Z !,5,A0'(&10-7061
"02034=034CA0=B<8B8T=4B4;B8BC4<0340228>=0<84=C>342034=0U=8202>=D=38B4S>B8<?;4H4;A4=38<84=C>E0A801;4BH@D4DC8;8I04;C4=B>A
783APD;82>?0A0A43D28A4;8<?02C>34;0>=3064=4A030?>A;02034=0
"02034=0B8;4=28>B0?A>?>A28>=04;B8;4=28>3DA0=C4;0>?4A028T=
&0A0<49>A0A
$+B4708=CA>3D283>4;?4A=>34C>?4
Z ,5215,&,A0;1/210(06(5
75+&$'(0$572(4,14 =4%1.'(.(8$5'((5&$2( (.=4%1.'(.(8$5'($'/,5,A0
47('$'((52,*$5 47('$'((52,*$5
)8?>342034=0C8?>0A1DBC>8=38E83D0;
84=C4B40 ++)384=C4B
034=0B 40 40
6(0514+,'4=7.,&1 !
>=BC0344=27D54C4=B>A34;0E8E84=30 >=CA>;04;28A2D8C>783APD;82>?0A04;2>=CA>;34
?A8<0E4A0EP;ED;034A4C4=28T=H4B ;0AD43034=C03034;4E0B3403<8B8T=E0A801;4
>?4A03>?>A;0?A4B8T=783APD;820H;0
?A8<0E4A04=C4=B>A
&$44,.'(57-(&,A0
=BC0;03>4=CA4;0AD43034=C03034;
PA1>;34;4E0B3403<8B8T=H4;?8ST=
&$44,.'(6(0514
34;286V4S0;
=BC0;03>4=CA4;0AD43034=C03034;
PA1>;34;4E0BH4G90DBC?8ST=34;
286V4S0;
6(0514/(&=0,&1
%?4A03>?>AA4B>AC4C4=B>A
2,@A0'(.&,*B(@$.
84=C4B 40
$&$'(0$'(&$537,..1,0)(4,14
)8?>342034=0034=0BB>;>C8?>
2,@A0'(.$%1/%$'($&(,6(
0A1DBC>40
84=C4B40

.6,(/21&7%,(46$'(.$&$-$'((0*4$0$-(5
Z $4$&6(4,56,&$5
D=28T=?A8=28?0;&A>C4228T=34;B8BC4<034CA0=B<8B8T=?>A2034=0;05D=28T=34<4=>A8<?>AC0=280;8=309434;AD83>34;02034=03438BCA81D28T=
2D184AC034;02090344=6A0=094B4E8C0@D44;0248C4B44B20?4
;B4;;>5A>=C0;34;286V4S0;H4;B>?>AC434<>=C09434;<>C>A4BCP=8=BC0;03>B4=;02D184AC034;02090344=6A0=094B3438BCA81D28T=
&7%,(46$'(.$&$-$'((0*4$0$-(5'(',564,%7&,A0
$>C>@D44;;018>8=C4A=>34;B4;;>34;0=C4A>34;286V4S0;8=BC0;03>4=;02D184AC034;02090344=6A0=094B3438BCA81D28T=

+,'4=7.,&16(0514$761/=6,&1
=<>C>A4;C4=B>A0DC><PC82>783APD;82>B4DC8;8I0?0A0<0=C4=4A;0C4=B8T=?0A04;B8BC4<0340228>=0<84=C>342034=034<>C>A
;
C4=B>A0DC><PC82>4B>?4A03>?>A4;A4B>AC44=4;C4=B>AH;0?A4B8T=783APD;820
,5(@1;7%,&$&,A0
6(0514'(&$'(0$+,'4=7.,&1
60;4AR0340248C4

.$%1/%$'($&(,6((0514'(.$&$'(0$
,5(@1;7%,&$&,A0
6(0514'(.$&$'(0$1/%$'($&(,6(
%?4A03>?>AA4B>AC4C4=B>A
)8?>34C4=B>A><?4=B0AH01B>A184=3>4;8<?02C>4BCPC82>H5D4AI0
38=P<820;0?A8<0E4A0

&$'(0$'(',564,%7&,A0;($4
Z $'(0$'(',564,%7&,A0
&$'(0$'(',564,%7&,A0
84=C4B 40
&$'(0$'(.$%1/%$ &(,6(
84=C4B40
38B4S>B8<?;4?A>?>A28>=0;0B8=2A>=8I028T=>?C8<8I030
E81A028T=
2034=08B<8=D28T=H4;AD83>3438B4S>34D=0B>;04C0?0034=0
3420A60<8=8<8I03>

,(.(5'(&$'(0$
">B20AA8;4B34;02034=0B4DC8;8I0=?0A0>?C8<8I0A4;<>E8<84=C>34;B8BC4<0340228>=0<84=C>342034=0
.C0<18Q=4E8C0A@D4;02034=034?>=4AB44=
2>=C02C>4=CA4BR2D0=3>;02034=04BCP5;>90HA43D244;34B60BC434;02034=0
;20AA8;34;02034=0B47024=>A<0;<4=C434&?>;80<830=H;>=H
&H&B4DC8;8I0=?0A0;>B20AA8;4B342034=04=<>C>A
&0A04;20AA8;C4=B>A&B4DC8;8I0?0A0?A>?>A28>=0AD=00;C05D=28T=34
0=C8 34B60BC4H340;C0A4B8BC4=280H0@D4;020A600;20AA8;4B4=>A<4
)74A4BD=PA400184AC0?0A04;06D94A>?4A=>34C>?44=4;20AA8;34BD9428T=
">B
20AA8;4B34;02034=0B48=BC0;0=34?4A=>B34C>?4
&$44,.'(6(0514 &$44,.'(57-(&,A0
=BC0;03>4=CA4;0AD43034=C030 =BC0;03>4=CA4;0AD43034=C03034;
34;PA1>;34;4E0B344B20?4H4; PA1>;34;4E0B3403<8B8T=H4;?8ST=
286V4S0; 34;286V4S0;
AD430344B?860B

0)14/$&,A0*(0(4$.
81.$06('(,0(4&,$'('1%.(/$5$ .$&$'(&10'7&,4
$/%,1/$07$. 64$05/,5,A0$761/=6,&$
E>;0=C4348=4A280343>1;4<0B0A43D24;0A>C028T=34B4@D8;81A03034 "0?;020340228>=0<84=C>8=8280;<4=C48<?D;B04;B8BC4<034CA4=34?>C4=280
286V4S0;4=E47R2D;>4@D8?03>CA0=B494<0=D0;
;E>;0=C4348=4A280 <4380=C44;DB>34;0?>C4=28034;<>C>A340AA0=@D40;0AA0=20A4;<>C>A
"0
4BCP8=BC0;0304=4;286V4S0;HB43438200;038B2>344<1A06D4?0A0 ?;020340228>=0<84=C>4BCP8=BC0;03>4=4;286V4S0;HB43438200;034;
CA0=B54A8A4;?0A340228>=0<84=C>34B344;<>C>A0;B8BC4<034CA4=34 2>=E4AC83>A34?0A34CA0=B<8B8T=0DC><PC820?0A0CA0=B54A8A4;?0A34
?>C4=280
34<PB#38B<8=DH44;AD83>34CA0@D4C4>4=CA0=B494H;0 0228>=0<84=C>34B344;<>C>A0;B8BC4<034CA4=34?>C4=280
E81A028T=34;E47R2D;><4380=C4;0A43D228T=34;0B3854A4=280B34?0AH
;0E4;>2830334A>C028T=34183>0;02><1DBC8T=4=4;<>C>A

70&,10$/,(061'(
><?4=B0=3>4;5D=28>=0<84=C>8AA46D;0A34;<>C>A;E>;0=C4348=4A280B42D=30A80>?4A020B84=?0AC4B86D0;4B?>A;>@D4=>?A>E>20AD83>B34
<0A270
"0<0B034;E>;0=C4348=4A280?A8<0A804B34<4=>B34E>;0=C4348=4A2802>=E4=28>=0;?>A;>@D4;08AA46D;0A830334;<>C>A0D<4=C0<PB<4=>B
4542C>3401B>A28T=34?D;B028T=
5D=28T=34?A>C4228T=)A0=B0G;4'43D24;0E81A028T=C>AB8>=0;0<420=8B<>34CA0=B<8B8T=CA0=B494<4380=C4;0A43D228T=34;08AA46D;0A830334<>C>A
&$44(4$'(&1/24(5,A0 &$44(4$'(&1/%756,A0
(37(@15&$/%,15'(/1614 15*4$0'(5&$/%,15'(/1614-
0<?4A0D<4=C0;>B20<18>B34?0A?0A04<1A060A 0<?4A38B<8=DH4;>B20<18>B34?0A0CA0=B494
01B>A184=3>4;8<?02C>
&748$'(&$/%,1'(2$4'(.(-('(./1614;.$70,'$'

&$4$&6(4?56,&$5'(
'43D228T=34;AD83>34;0E81A028T=34;02034=034CA0228T=<4380=C44;1;>@D4>34;0E81A028>=4B34C>AB8T=<49>A030
B8;4=28>E47R2D;>H<>=C0A;0B2><>383034B?0A<>C>AA43D283>345;D2CD028T=A43D2830B7>2:B20<180=C4B

(D0E4024;4A028T=H34B024;4A028T=
!(06$-$5'(
A4B?D4BC034?0A<49>A030<4380=C44;DB>34C8?>344C0?0B?A8<0E4A0'45D4AI0;0A4B?D4BC034?0A4=C>3>B;>BA0=6>B1090<4380H
0;C0E4;>28303<4380=C4;00?;82028T=A4B?42C8E02>=BC0=C434A4B>AC44=203060<0
A4E>;D28T=4BC01;434;0AD430?A8<0A80HB42D=30A80<4380=C44;DB>344=6A0=094B?;0=4C0A8>BD=28>=00<>AC86D03>A2><>0DG8;80A2>=CA0;>B20<18>B
34A4B>AC4
;064=4A028T=3420;>A<4=>A34183>0;05A8228T==>38A42C02>=CA0;0BD?4A5828434;0?A8<0E4A0;<0C4A80;34?;PBC82>B42D1A44=;0BD?4A582844GC4A8>A34;A4B>AC4
D<4=C>34;03DA018;8303<4380=C44;DB>3420B@D8;;>34?;PBC82>B44GC84=34;0E830UC8;34;06A0B0

Z !,5,A0'(&10-7061
2>=9D=C>34?8BCT=2>=C84=4?8BCT= 0=8;;>34;0=8;;>0=8;;>340248C44;?0B03>A34?8BCT=H4;0=8;;>34A4C4=28T=
"04=4A6R0344G?0=B8T=34;
<>C>AB4CA0=B584A40;286V4S0;0CA0EQB34;0184;0?0A02>=E4AC8A4;<>E8<84=C>;8=40;0;04=4A6R034A>C028T=
Z ,5215,&,A0;1/210(06(5
$46(572(4,14
10'1
&1/210(06(5
=8;;>34?8BCT=
&8BCT=
0=8;;>=>

0=8;;>=>

=8;;>34A4C4=28T=
=8;;>340248C4
&0B03>A34;?8BCT=

Z )70&,10(5
&8BCT=CA0=B584A4;04=4A6R0342><1DBC8T=34;<>C>A0;0E0A8;;0342>=4G8T=
$0,..1 ,56A0
0=8;;>0=8;;>BD?4A8>AE8C04;0;C>60B342><1DBC8T=?A4BDA8I03>B44B20?44=;02P<0A034<0=8E4;0H4E8C0@D44;0248C434;
<>C>A4=CA0A4=;02P<0A0342><1DBC8T=
0=8;;>A0B?04;0248C434;<>C>A4=4;>A85828>34;28;8=3A>H4E8C0@D44;60B342><1DBC8T=B458;CAT34 0=8;;>B458;CA44=;02P<0A034
286V4S0;
0=8;;>340248C4A0B?04;0248C434;<>C>A4=4;>A85828>34;28;8=3A>
2,0,56A0
(42>=42C04;?8BCT=34;0E0A8;;0342>=4G8T=HCA0=B584A44;<>E8<84=C>;8=40;34;?8BCT=0;EPBC06>342>=4G8T=?0A02>=E4AC8A4=4=4A6R034
A>C028T=
$0,..10$2
;>@D404;?0B03>A34?8BCT=
Z 0,..1'(2,56A0
%4(&+$2,56A0(:64(/1'($0,..1// +1.*74$.$6(4$.'(.$0,..1'(2,56A0//
1A427034 58=0; J A0=DA0J

4B?028>3458=0;4BJ BDA2>J

Z 106$-('(.2,56A0
=BC0;0A;>B0=8;;>B34;?8BCT=2>=;0<0A20-4=4;0=8;;>702800AA810
>;>@D4;01A427058=0;34 0=8;;>4= X;49>B34;01A427058=0;340=8;;>

>;>@D4;01A427058=0;34;0=8;;>340248C44= X;49>B34;0
1A4270344GCA4<>34;<D4;;474;82>830;H;0?>B828T=34;01A427058=0;34;0=8;;>340248C40X;49>B34;01A427058=0;340=8;;>
/$4&$'(.$ 5$/%.($
12572(4),&,('(.2,56A0 12572(4),&,('(.%.137('(&,.,0'415
28;8=3A>

Z !,5,A0'(&10-7061
84;02>=E84AC44;<>E8<84=C>0;C4A=0C8E>34;?8BCT=?0A04;<>E8<84=C>34A>C028T=34;286V4S0;
;4GCA4<>6A0=344BCP2>=42C03>0;
2>98=4C434184;0H;0A4E8BC0<DS4@D8;;034;286V4S0;H4;4GCA4<>?4@D4S>4BCP2>=42C03>0;?0B03>A34?8BCT=
Z &1/210(06(5
,(.$
&1/210(06(5

&8BC>=?8=0A1DBC>E0A8;;0342>=4G8T=@D4
2>=42C0;010AA0340?>H>BD?4A8>A84;0
(*$%
%
2>98=4C48=54A8>A>=4G8T=34C0?034;0
'
184;034?4A=>C0?034;0184;0

Z (.(&&,A0'(&1-,0(6('(%,(.$
(4;4228>=4;02><18=028T=342PB20A0342>98=4C43402D4A3>2>=;0B86D84=C4C01;0
1041'# 1041'#"
(52(-(
4$'1 4$'1
A>9> ID; J
<0A8;;> <0A8;;> J
ID; A>9> J

Z !,5,A0'(&10-7061
86V4S0;4BCP8=BC0;03>4=4;1;>@D43428;8=3A>B
;286V4S0;2>=E84AC44;<>E8<84=C>0;C4A=0C8E>34;?8BCT=?0A04;<>E8<84=C>
A>C0C8=0;
Z ,5215,&,A0;1/210(06(5
,*B(@$.

Z (.(&&,A0'(41'$/,(06124,0&,2$.'(.&,*B(@$.
$46(,0)(4,14'(.%.137('(&,.,0'415 ,*B(@$.572(4),&,('(,056$.$&,A0'(.2,@A0
$><1A4

34;<>C>A
?A8=28?0; '',,'
6>AAT=

MLIDJFEHCGK
,=/(641'(.$4(8,56$24,0&,2$.'(. ,=/(641'(.$
/$4&$
&,*B(@$.(0(.&,.,0'41 /$4&$ 1.14 /7@(37,..$'(.&,*B(@$.
'( 1.14
%.137(// 24,0&,2$.//
270<A0
B46D=3> ID; J
ID; J
. <0A8;;> J
<0A8;;> J
' A>9> J
A>9> J
, ;0=2> J
+ +8>;4C0 J
,*B(@$.'(&1-,0(6(,0)(4,14 ,*B(@$.'(&1-,0(6(,0)(4,14

Z !,5,A0'(&10-7061
;1;>@D43428;8=3A>B4BCP7427>34784AA>5D=383>4B?4280;H2>=C84=4;>B2><?>=4=C4B?A8=28?0;4BC0;4B2><>2014I03428;8=3A>4;286V4S0;
H4;2>=9D=C>34;?8BCT=
0H60;4AR0B340248C4HA45A864A0=C4?0A0;D1A820AH4=5A80A4;<>C>A
Z &1/210(06(5
!,56$)4106$.

C>A=8;;>&;D64=27D5420<8B03406D0$<C0?T=34
4G?0=B8T=8=64BC0?8=A4B>AC4<>=C09460;4AR0
(*$%
%
340248C42>=9D=C>3458;CA>340248C4C>A=8;;>B4=B>A34
'
?>B828T=C0=:B705C&;D6<>=C09460;4AR0340248C4
#
4=27D54?8=A4B>AC4''B40;<>=C094
'#%
!,56$64$5(4$

&A8<0E4A0?8=<>=C0943428;8=3A>34;02014I0344=27D5434
4G?0=B8T=344B20?4)>A=8;;>34284AA4C0?T=3420<8B034
(*$%
%
06D0$<)>A=8;;>34284AA460;4AR0340248C44=27D54?8=
'
?A8<0E4A0)

Z ).7-15'(4()4,*(4$06(;(.$&(,6(
$&(,6('(./1614
014I03428;8=3A>
CD14AR034A45A864A0=C4
8;8=3A>20<8B03406D034
1;>@D4 )4A<>BC0C>
1><1034A45A864A0=C4
()4,*(4$06('(
;R=4034BD<8=8BCA>0;02D;0C03428;8=3A>B
;R=4034BD<8=8BCA>0&!
2>98=4C4?A8=28?0;
2>=9D=C>3458;CA>340248C4
><10340248C4

*(" ""0&

&" *)"("0& *(" ""0&
+21&'(+.531 .'.'/'051&'(+.5314'%1
<3'#&'(+.53#%+?0
/:
+3''.'/'051&'.(+.531
+/2+#4%#&# -/
+05'37#.1&'4'37+%+1
%#/$+#3%#&# -/
'41 -)
+3'%10,6051&'.(+.531 '/2'3#563#&'(60%+10#/+'051
E
#2#%+&#&
%135#3'.+05'37#.1&'4'37+%+1'0%10&+%+10'44'7'3#45#.'4%1/1%10&6%+321360#%#33'5'3#21.713+'05#1%#/21#53#7=4

1.'%513&'#&/+4+?0&448'301 '301'.=%53+%16'321&'.

#%'.'3#&132'301 #2##%@45+%#
'3014'0413

1.'%513&'#&/+4+?03-5

+/2+#&13&'.(+.531&'#+3'04#/$.#,'
013-'.&448#)6#135'%513'410#&13&448
04#/$.#,'&''.'/'0514&'#+3' #4%+# 5130+..1&'.3'/#%*'&'.2'301
#+4.#05'
1..#3'4135' &'.#56'3%#&'5130+..1
+/2+#&13#$3#9#&'3#&'%10&6%514&'
3'410#0%+#3'410#0%+#&'.#0+..11&'.
(+.531&'#+3' #+3'
'301

+.531&'#+3'&'./1513#.#/#0)6'3#&448

.

#3#/',13#3'.3'0&+/+'051&'./1513'.4+45'/#!4'*#+0531&6%+&1'0'.%1.'%513&'#&/+4+?041
231213%+10#.#B3#0133'&13C#$#,#7'.1%+&#&8'.B*135600'3C&'#.5#7'.1%+&#&
"2#3#3'&6%+3.#26.4#%+?0+05'30#'0'.%1.'%513&'#&/+4+?0'.%133'&13 8
'45<04+56#&14'0
214+%+?04+/'53>#%10600'38#3#3'&6%+3.#3'4+45'0%+#&'.#+3''.%6'321&'.#%'.'3#&13'45<+0%.+0#&1$

'&#,&+''$+')%"*"0&
*'$&'"$-/$-,$ *&*')
-/$-,$

-/$-,$ *((')$%&!,)
*'$&'"'&+)'$(,)!
-/$-,$
,)('$$)')$+)0&"'
")$%&+'$ "$+)'

,&')&'))')*'()+"-' ,&'')+',&&)*'()+"-'
$'* $,#'*")%"*"0&

"*('*"+"-'*&+)

)& 0$

$ )& 0$
42':89.'1* &841.3&8.351424
#.89*2&)*(42':89.'1* 3=*((.D3)*(42':89.'1* !9.54:.19!:3943/*(9*7
#:2.3.8974)*(42':89.'1* #.89*2&)*(42':89.'1*8.37*94734
&5&(.)&)
*5D8.94)*(42':89.'1* &9*7.&1 151&89.(4
*2.847)*(42':89.'1* $.54)**2.847):&1
.1974)*(42':89.'1* .39*7;&14)*8*7;.(.4 &2'.&7(&)&

02
42'&)*(42':89.'1* !7*8.D3 '&7
4147 *,74
3=*(947
&5&(.)&)
,2.3

*5D8.94)*(42':89.'1*
$:'4)*&85.7&(.D3(4251&73A8)*
%$ *8(:)4(477*&)*1
(&'1*&)4 %$ '42'&)*
9&36:*)*(42':89.'1*
(42':89.'1*(:'.*79&)*1&51&(&)*
%$ *&9 %$

8:/*(.D3/:39&9D7.(&$:*7(&$:*7(&
#:'7*2.9*39* %$ '42'& $473.114
)*(42':89.'1*1&9&5&)*11*3&)4

)*(42':89.'1* %$ )*
11*3&)4)*(42':89.'1*

%$ 57.3(.5&1 %$ 19:'4)*&1.2*39&(.D3 %$ "*9:73 %$ 9:'4

.1974)*(42':89.'1*
)88=!*734
9:'*7B&)*7*94734)*(42':89.'1*
$:'4)*(42':89.'1*B3*&)*
&1.2*39&(.D3)*(42':89.'1*9.9:1&7
)*1&1B3*&)*(42':89.'1*9.9:1&7)*
(42':89.'1*)*;&547)*9:'*7B&8
38&2'1&)4)*1+7&8(44251

.
18.89*2&)*(42':89.'1**8:39.548.37*947346:**17*,:1&)47)*57*8.D3)*(42':89.'1**89@2439&)4*3*1.39*7.47)*1)*5D8.94)*(42':89.'1*&%)*1
24947(439741&1&.3=*((.D3)*(42':89.'1**3(&)&.3=*(947*1*(97D3.(&2*39*
*&(:*7)4(431&8(&7,&8)*1249471&%24947*<97&*4(479&*1,&8*;&547&)4*3'49**31&(@2&7&)*(42':89.D318.89*2&)*(42':89.'1*(438.89**3*1
)*5D8.94)*(42':89.'1*1B3*&8)*(42':89.'1*1&'42'&)*(42':89.'1*=*17*,:1&)47)*57*8.D3)*(42':89.'1*
&%) $(*%($%
1B3*&)*8:2.3.8974)*
(42':89.'1*&19&36:*8:'
1B3*&)*7*94734)*(42':89.'1* 1B3*&)*8:2.3.8974)*(42':89.'1*
&39*3*7'&7

()% "*(%%#+)* "
.1974)*(42':89.'1*
(42':89.'1*57.2&7.&
"%#%#+)* "-"%$!+$*%# )%(%#+)* "

2&3,:*7&)*(:*114
(42':89.'1**2.847)*
42'43&)*(42':89.'1*
(43/:394)*19&36:*)*
"#%$*!"&0) *%%#+)* "

"#%*%(
%#&(* # $*%"#%*%(
*2.847)*(42':89.'1*8*(:3)&7.&
$-*%( "%#+)* " )%"$% %$*(%"&+(
,/",+"

(#)'+#/* %"+!%)%#+)* "

)&%) * ,%)$*(

&%)*124947(&1(:1&*15*)&1)*1&(*1*7&)47'&8@3)48**31&88*C&1*8)**397&)&574(*)*39*8)*).;*78488*3847*8=(439741&*1+:3(.43&2.*394
,*3*7&1)*1;*-B(:14
&%7*(.'*1&88*C&1*8)*).;*78488*3847*8&97&;A8)*1B3*&)*)&948=7*&1.>&(439741)*1&7*1&(.D3&.7+:*1*+.(&>'&8&)4*3*89&8
8*C&1*8

4

2/(&725'((6&$3('((6&$3('66<

$1,)2/'$6.(7(;!8(5&$'(5,'$
($7527(&725'66<(512+(;$*21$/
# #
527(&725'(&$/25'66<
(512+(;$*21$/#
#

203/ (5&+$(5&+$(5&+$!8(5&$
*27$5!,3('66<" !8(5&$(512-817$'($1,//278(5&$
203/
! ,/(1&,$'25&203/(7$
!2'2(/6,/(1&,$'25(6&$3(!($7
527(&725!6,/(1&,$'25($7527(&725
6,/(1&,$'25&$/25'(/3527(&725'(/$
$%5$=$'(5$'(-817$6 ',(&,6@,6

2(67$&,21((/9(+A&8/262%5(0$7(5,$/(6,1)/$0$%/(6&202+,(5%$+2-$6<$/)20%5$27248((/&$7$/,=$'252(/6,67(0$'(,*1,&,C1'(*$6(6'(
(6&$3(&8$1'2(/02725(67?(10$5&+$ ,6(352'8&(81)$//2'((1&(1','2(1/$&?0$5$'(&20%867,C12/$(0,6,C1'(&217$0,1$17((;&('((/
1,9(/(63(&,),&$'2(/&$7$/,=$'2538('(6(5'$B$'2
/'$56(59,&,226867,78&,C1'(&20321(17(6'(/6,67(0$'((6&$3(6($6(*85$'(48(/26&20321(17(6(67?1326,&,21$'26$,17(59$/265(*8/$5(6$
3$57,5'(72'$6/$6275$63$57(6'(/&8(532%$-2!(1*$&8,'$'2'(12'$B$5(/6,67(0$'((6&$3($//(9$17$5(/9(+A&8/2'(6'(68/$'2!2'26/26
&20321(17(6<3$57(6'(/&8(532'(/6,67(0$'((6&$3('(/02725'(%(16(5,163(&&,21$'263$5$&5$&.'$B26$*8-(52'($,5(/$3@5','$'(3$57(<
8%,&$&,C1'(0217$-(,1&255(&72!$0%,@1&20358(%(3$5$&8$/48,(5'()250$&,C148(38('(5(68/7$5(1/26*$6(6'((6&$3(,1*5(6(1$/9(+A&8/2
6(*D5(6('(48((/78%2'((6&$3(6((1)5A$/268),&,(17($17(6'(75$%$-$5(1@/<$48((672'$9A$&$/,(17(-8672'(638@6'(48((/02725(67?
3$5$'2
"6(*8$17(63527(&725(6&8$1'25(7,5((/78%2'((6&$3(

4
67(6,67(0$385,),&$(/*$6'((6&$3(*(1(5$'2325/$&20%867,C1(1(/027253$5$5('8&,5/26&217$0,1$17(6<(/58,'2'85$17(48(685*(1
'85$17(/$&20%867,C1
0$7(5,$/(612&,926352'8&,'26(1(/352&(62'(&20%867,C16(75$7$<6(5('8&(1(1(/6,67(0$'((6&$3(0$7(5,$/(612&,926'(6&$5*$'$6'(6'((/
7$148('(&?57(5<(/&20%867,%/(6(,1752'8&((1(/6,67(0$'($'0,6,C1'(18(923$5$5('8&,5/$&$17,'$''('(6&$5*$'(0$7(5,$/(612&,926
G -&-.#("#.,.(&#).*+*-.#,&*,"##(&-&*)#-
219(57,'25&$7$/A7,&2<'(/6(1625'(
/&219(57,'25&$7$/A7,&2(6816,67(0$'(385,),&$&,C1'(7,320212/,72&2038(672'(&25',(5,7$48(385,),&$/26*$6(6'((6&$3($75$9@6'(/26
3(48(B2625,),&,26'(/&$7$/,=$'250212/,72$&7,92'(6'((/&2/(&725'((6&$3(202*$6'((6&$3(3$6$$75$9@6'(/263(48(B26$*8-(526(1/$
&$3$(1(/0(',268<6(5('8&(10(',$17(/$5($&&,C1'(2;,'$&,C1<68;6(5('8&(3255($&&,C1'(5('8&&,C13$5$7+<'/
6(1625'(2;A*(12(19A$6(B$/(63$5$/$5(752$/,0(17$&,C1</$'(7(50,1$&,C1'(/$&21',&,C1'(&$7$/,=$'25$5$81$'(6&5,3&,C1'(7$//$'$9@$6(/$
6(&&,C1&255(6321',(17(
G *).,*'"#+/,%"#'!5)&-.#,
/*$6'((9$325$&,C1'(&20%867,%/((681*$6(9$325$'2$/$$70C6)(5$(1/$6(&&,C1(175((/'(3C6,72'(&20%867,%/(</$78%(5A$'(&20%867,%/(<68
&20321(17(35,1&,3$/(681+,'52&$5%852/*$6'((9$325$&,C1'(&20%867,%/(6($/0$&(1$7(0325$/0(17((1(/5(&,3,(17(<6(',%8-$(1(/02725$
75$9@6'(/&8(532'(/$&(/(5$'25&8$1'2/$9?/98/$'(&21752/'(62/(12,'('(385*$(67?$%,(57$6(*D1/$&21',&,C123(5$7,9$'(/02725
G '*1+*,#'-&-.#("#!*).,*'"#%--&-.#("#0#).&'!&7)"#'!5,.#,
$6(1/$&?0$5$'(&20%867,C1(67?6(//$'2325(/3,67C1 ,1(0%$5*2(/*$66(),/75C$75$9@6'(/+8(&2(175((/&,/,1'52<(/3,67C1<6(
',%8-$(1(/&?57(5'85$17(/$6&$55(5$6'(&2035(6,C1<(;3/26,C167(*$6(6*$6%/2:%<<68635,1&,3$/(6&20321(17(6621
+,'52&$5%8526<021C;,'2'(&$5%212 ,(67(*$66(,1752'8&((1(/&?57(5(/6,67(0$38('(6(5&2552A'2<$&(,7(38('(6(5'(7(5,25$'$
'(0?66,(67(*$66('(6&$5*$(1(/$,5(38('(&217$0,1$5(/0(',2$0%,(17($5$(9,7$5(6726(/6,67(0$'(5('8&&,C1'(*$6
%/2:%<7$0%,@1//$0$'2&2026,67(0$'(9(17,/$&,C1'(/&?57(56(B$/$$/$*$6(6'()8*$'(/&?57(5$/$&?0$5$'(&20%867,C13$5$/$
&20%867,C1

"#'(*.*, 4'5(+,"#(*.*,
*'#!.*,"##-!+# 05'0/'"# '*1 3()%/#,

*"##-!+# *"##-!+# * "##-!+#
-&'#)!&"*,+,&)!&+'
-#)-*,"#*26%#)*$,#).# -#)-*,"#*26%#)*.,-#,

"&-+*-&.&0*-"##).,"

*(" ""4&

*)"("4& *(" ""4&
'4*45'/%*#*/5'3/# ;,"
'-'%530&0%'/53#- #-'#%*B/&'*3*&*0
6+@# '-'%530&0&'5*'33# #-'#%*B/&'1-#5*/0
#%-#3#.*'/50&''-'%530&0 ..
*/5'37#-0&'%#.$*0 ,.
%033*'/5'&'(6/%*0/#.*'/5013*.#3*# =
'/4*B/)'/'3#&#
#8! ;
,!
0$*/#&''/%'/&*&0 13*.#3*#4'%6/&#3*#
5*10&''/%'/&*&0 5*10&''/%'/&*&0*/&'1'/&*'/5'
4'%6'/%*#&'*)/*%*B/

0$*/#&'

'/%'/&*&0'3/0
6+@#

/
-4*45'.#&''/%'/&*&0'446.*/*453#3#-5#5'/4*B/)'/'3#&0103-#$0$*/#&''/%'/&*&0&'-#$6+@#-.0503
'45?'26*1#&0%0/'-
4*45'.#&''/%'/&*&0&*3'%505*10*/&'1'/&*'/5'&'26'-#$0$*/#&''/%'/&*&0'45?*/45#-#&#'/%#&#%*-*/&30
-5*'.10&''/%'/&*&0$?4*%0'/%#&#%*-*/&30'45?&'5'3.*/#&#103-#44'A#-'4130%'&'/5'4&'-4'/403&'104*%*B/&'-?3$0-&'-'7#49'-4'/403&'104*%*B/&'-
%*)C'A#-
45'4*45'.#&''/%'/&*&0%0/530-#'-5*'.10&''/%'/&*&0'-'%53B/*%03'%*$*&0&'-# &'-.0503#3#%0/530-#3'-5*'.10&''/%'/&*&0
13'%*4#.'/5'-# 65*-*:#3-#*/(03.#%*B/4*)6*'/5'
#%#3)#&'-.05035'.1'3#563#&'-
-@26*&03'(3*)'3#/5'&'-.050331.
5'.1'3#563#&'-#*3'&'#&.*4*B/

4'/403&'104*%*B/&'-?3$0-&'-'7#4&'-
%*)C'A#-4'/403&'104*%*B/
*-#4'A#-&'-4'/403&'104*%*B/&'-?3$0-&'-'7#4/04''/53')##-# &'-.0503-#$0$*/#&''/%'/&*&094*45'.#&'%0.$645*$-'/04'16'&'/
65*-*:#3

'"&&&"'
"&.+')

,#2 &*')+'&"'& $('*""4&$0)'$$-*
*&*')

*&*')
$"!53$$%'+')
) )"!)&+*&*')
*&*')('*""4&
*&*') -0$-,$%)"('*$1+)" ('*""4&$($$$)')
+%()+,)$

"*('*"+"-'*&+)

)'!!!/%

)(!'!/% )'!!!/%
:/65*+2;(8/)')/E4 (53('*++4-8'4'0+9*+)/8);2')/E4,58?'*'
53('*+')+/:+
$/65 +4-8'4'0+/4:+845
/2:85*+')+/:+ $/65 ,2;05)5362+:52+3+4:5*+6'6+2

"& 5!
!+:8E2+5
)+/:+*+35:58 ##&
'6')/*'* 2
(57;/22'*+/4>+))/E4*+')+/:+ $/65 8/*'>:584/225:/65
2')+/:++2+3+4:5*+,/2:85*+235:58*+(+9+8)'3(/'*''23/935:/+365)54+2')+/:+*+235:58
5368;+(+8+-;2'83+4:++24/<+2*+')+/:+*+235:58>'-8+-;++2')+/:+*+235:589/+94+)+9'8/5"+);+8*+7;+*+(+)53685('8+24/<+2*+')+/:+
*+235:58>')58:'8+2)/)25*+9;9:/:;/8+2')+/:+*+235:58+4)54*/)/54+99+<+8'9*+)54*;))/E4
#+<+8')54*/)/E4*+)54*;))/E4
9:56'4*-5,8+);+4:+:8A,/)5+=:+4*/*5'28'2+4:C*/9:'4)/')58:'658*+('05*+132')54*;))/E4*/9:'4)/'658*+('05*+
1/253+:859);'4*52':+36+8':;8'
+=:+8/586+83'4+)+658*+('05*+2')54-+2')/E4*+)54*;))/E4+4;4:+88+45354:'D5955354:'D595'8+4'5A8+'652<58/+4:5)'8-''2:'*+'))/54'3/+4:5:'2
)535+28+3527;+8+3527;+

$'=/9+8</)/5*+6':8;22'59+8</)/5*++4:8+-'8'2+4:C+=:+4*/*5>2')54*;))/E4+=)+9/<')54('0'<+25)/*'*

9:')/54'8+2<+.C);25+4;4:+88+4522'45>'62/)'8+2,8+45*++9:')/54'3/+4:5!'8'8+235:58>+96+8'83A9*+3/4;:59
$/8+*+2'<'8/22'>2/36/+)54;46'D52/36/5%;+2<''/49+8:'8:5*5+2)'3/45=:8'+8*+4;+<5>
)53685('8+24/<+2*+')+/:+
24/<+2*+')+/:+*+(++9:'8+4:8+2'3'8)'*+3A=/35'=>3C4/3'3'8)'/4*+2'<'8/22'3+*/*58'*+')+/:+2')+/:+*+(+9+8
8+6;+9:5'4:+9*+7;++24/<+2*+9)/+4*+658*+('05*+2'3'8)'3C4/3'
+,;4)/54'3/+4:5*+2<+.C);25)54;4')'4:/*'*/49;,/)/+4:+*+')+/:+6;+*+*'D'8+235:589+-F8+9+*+7;++24/<+2*+')+/:+*+235:58+9)588+):'>'D'*/8')+/:+9/+9
4+)+9'8/5
*'#!*#$&*&( (!##%!,#!*#$&*&(
3/4/353A=/35
I '&)!!/%
#/+24/<+222+-''26;4:53A9('05'(8/82':'6'*+22+4'*5+42'6'8:+9;6+8/58*+2(257;+*+)/2/4*859>'D'*/8+2')+/:+-+4;/459/4+=)+*+8+24/<+2*+2'3'8)'
9;6+8/58%;+2<'')53685('8+24/<+2*+')+/:+*+96;B9*+3/4;:59
5368;+(+8+-;2'83+4:++24/<+2*+')+/:+*+235:58>'-8+-;+')+/:+*+235:58#9'4->54--+4;/4'9/+94+)+9'8/5/36/+2'
<'8/22')54;46'D52/36/56'8'7;+);'27;/+83':+8/'2+=:8'D5456;+*+4+4:8'8+4+235:582')+/:+45*+(+/8658+4)/3'*+2'
3'8)'9;6+8/58*+2'<'8/22'2')+/:+*+235:586;+*+)549;3/83A99/+235:58+94;+<5

'(53('*+')+/:+ !+845%'8/22'3+*/*58'*+')+/:+*+2:;(5
*99>4/225*+)/+88+*+2
49'3(2'0+%'8/22'3+*/*58'*+')+/:+
)A8:+8*+')+/:+6+845*+ ';-+49'3(2'0+*+2'4/22556+845

*8+4'0+*+25(:;8'*58*+ 0;4:':E8/)'9+22'4:+);(/+8:'*+652<5
)/+88+

'*+4'*+2'(53('*+')+/:+
'*+4'*+2'(53('*+')+/:+$+4958*99>

49'3(2'0+*+2,/2:85*+')+/:+,/2:85
"/4-
*+')+/:+*+2');(/+8:'*+2,/2:85*+ /4:+88;6:58*+68+9/E4%/</+4*'0;4:'*+26+845
')+/:+/:2+3+4:5$'6E4*+ *+')+/:+/2:85*+')+/:+%A2<;2'*+*+8/<')/E4

*8+4'0+
*+49'3(2'0+*+2,/2:85*+')+/:+

-
29/9:+3'*+2;(8/)')/E49;3/4/9:8'')+/:+')'*'9+))/E4*+2;(8/)')/E46'8'+</:'82',8/))/E4>+2*+9-'9:+>6'8'+2/3/4'8+2)'258*+2'6'8:+*+,8/))/E4
3+*/*'7;++235:58,;4)/54'+2)'258*+,8/))/E49+-+4+8'+4)'*'9+))/E4*+2;(8/)')/E4#/+9:')54*/)/E46+89/9:++285*'3/+4:56;+*+9+87;+3'*5>
6+-'*5
45:8'96'2'(8'99+)8+';4'6+2C);2'*+')+/:++4)'*'9;6+8,/)/+*+*+92/?'3/+4:56'8')54<+8:/8,8/))/E49E2/*5'2',8/))/E4*+2C7;/*5)54+2,/4*+3/4/3/?'8+2
*+9-'9:+>+</:'87;+2':+36+8':;8')'*'<+?3'>58+42'6'8:+*+,8/))/E4

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

#+"&'(!/%
%%$
:+4958*+2' /'8/5*+2+<'9
)'*+4' )50/4+:+
-'2+8C'68/4)/6'2*+')+/:+
+4+2(257;+*+)/2/4*859
).5885*+')+/:+
!8+9/E4*+2')+/:+
50/4+:+68/4)/6'2
)'3(/'8
53('*+')+/:+
)540;4:5*+,/2:85*+')+/:+
#;3/4/9:85*+6+:8E2+5

+( #!##2&
+*#(#2& +( #!##2&
$4>?08,/0=01=420=,.4L9 %4;: ,=01=420=,.4L9;:=,2@,/0.4=.@7,.4L91:=D,/,
=01=420=,9?0 ,;,.4/,/ ;=:B

E7
%,8,K:/079M.70:
() )%
#,/4,/:=
?4;:/017@5: 7@5:.=@D,/:
%4;: $*

9?4.:9207,9?0
"=:;:=.4L9/080D.7,

,2@,,9?4.:9207,9?0
%4;: 7I.?=4.:
#01=420=,.4L9/078L/@7:/0A09?47,/:=
,;,.4/,/
(
(
%4;:/0.:9?=:7 $0=40-,5,A07:.4/,/09;,=,707:/0,7?,A07:.4/,/
49 .,;,.4/,/
/0;L>4?:/07J<@4/:=01=420=,9?0 4=.@7,.4L9 ?4;:/0?0.3:.0==,/:
?,;,/0;=0>4L9 %4;:/0?:=9477:-,=
%4;: 0=,?4;:/0;,70?,
?08;0=,?@=,/0,;0=?@=,
R
%0=8:>?,?:
?08;0=,?@=,.:8;70?,809?0,-40=?,
R
070A,.4L9/07,AH7A@7, 88

/
*'$ %
-+('+#$ #2&
@2,>/07,1@2,/07=,/4,/:=/07=01=420=,9?0/01@2,> ,8-4,=07=,/4,/:=.,8-4,=07?,9<@0,@B474,=
/0;L>4?:,@B474,=/0>/0079M.70:/07.,709?,/:= /0=01=420=,9?0.,8-4007.,709?,/:=

@2,>/07,8,92@0=,/0=01=420=,9?0.:90B4:90>/07,> '@07A,,.:90.?,=7,8,92@0=,:=008;7,D,=7,,-=,D,/0=,
8,92@0=,>/0=01=420=,9?0/,K,/: ,8-4,=7,8,92@0=,

794A07/0
@2,/07,5@9?,/01@2,>/07,-:8-,/0,2@,/07, ,8-407,5@9?,,8-4,=7,
=01=420=,9?00>/08,>4,/:-,5,
5@9?,49?0=9,-:8-,/0,2@, -:8-,/0,2@,
@2,>/07,1@2,?,;,/009?=,/,/0,2@,/0 $@>?4?@4=07?,;L9/05@9?,/009?=,/,/0,2@,
7,.,5,/07?0=8:>?,?: ,8-4,=07>077,/:?0=8:>?,?:
;,=/0,;=40?049.:==0.?:/07:>?:=9477:>/0.@7,?, ;=0?,=7:>?:=9477:>.:907;,=0>;0.414.,/:
,K,/:5@9?,/0.@7,?, ,8-407,5@9?,/0.@7,?,
,>1@2,>/0=01=420=,9?0 4A07/0=01=420=,9?00>-,5, K,/4==01=420=,9?0:8;=@0-07,.:9.09?=,.4L9/0
#07,.4L9/0/:-7,/:8,92@0=,/0=01=420=,9?080D.7,/0 7J<@4/:=01=420=,9?0,9?4.:9207,9?0=0;,=,=:
=01=420=,9?049.:==0.?: =008;7,D,=7,8,92@0=,

%0=8:>?,?:/010.?@:>:-:8-,/0 ,8-4,=07?0=8:>?,?:,8-407,-:8-,/0,2@,
,2@,/010.?@:>,/07=,/4,/:= ,8-4,=07=,/4,/:=,8-4,=07/0;L>4?:,@B474,=
/010.?@:>, =01=420=,9?0:?,;L9/07/0;L>4?:/0
=01=420=,9?0/010.?@:>:/0;L>4?:,@B474,=:?,;L9/07/0;L>4?:/0
?08;0=,?@=,/07
=01=420=,9?00>
/08,>4,/:,7?: =40?,>0907-7:<@0/0.4749/=:>:/07, ,8-40-7:<@0/0.4749/=:>:/07,.@7,?,

.@7,?,
;,>:>/0=01=420=,9?0:->?=@4/:>0907-7:<@0 48;4,=07;,>:/0=01=420=,9?0
/0.4749/=:>:/07,.@7,?,
9M.70:/07=,/4,/:=:->?=@4/: 48;4,=079M.70:/07=,/4,/:=
,:;0=,.4L949.:==0.?,/07A09?47,/:=/0=01=420=,.4L9 #008;7,D,=07A09?47,/:=/0=01=420=,.4L9:=0;,=,=07.4=.@4?:
=07,.4:9,/:
>09>:=/0?08;0=,?@=,/010.?@:>::.,-70,/:/010.?@:>: '@07A,,.:7:.,=07>09>:=:=0;,=,=07.,-70,/:
=07,.4:9,/:

*'$ %
-+('+#$ #2&
%0=8:>?,?:>03,<@0/,/:,?,>.,/:,-40=?: ,8-4,=07?0=8:>?,?:
?08;0=,?@=,/07 ,:;0=,.4L949.:==0.?,/07A09?47,/:=/0=01=420=,.4L9 #008;7,D,=07A09?47,/:=/0=01=420=,.4L9:=0;,=,=07.4=.@4?:

=01=420=,9?00>
=07,.4:9,/:
/08,>4,/:-,5,
>09>:=/0?08;0=,?@=,/010.?@:>::.,-70,/:/010.?@:>: '@07A,,.:7:.,=07>09>:=:=0;,=,=07.,-70,/:
=07,.4:9,/:

'%(*'#2& &#. $ $1)-#'* !*#" *&,
>?,.4:9,=07A03J.@7:09@9?0==09:77,9:C,;74.,=071=09:/00>?,.4:9,8409?: ",=,=078:?:=C0>;0=,=3,>?,<@0>03,C,091=4,/: 794A07/0

=01=420=,9?0/0-00>?,=09?=07,8,=.,)C 0907/0;L>4?:/0=01=420=,9?0
$40794A07/0=01=420=,9?00>?H;:=/0-,5:/07,8,=.,P Q4980/4,?,809?0,K,/4==01=420=,9?0
$& !
(2+#,' $1)-#'* !*#" *&,
)

=01=420=,9?0.,7409?00>.,7/,/:C07A,;:=;@0/09>0=>:;7,/:>,.,-:-,5:;=0>4L97:<@0;:/=J,.,@>,=70>4:90>2=,A0> @9.,<@4?007?,;L9
/07/0;L>4?:/0=01=420=,9?0.@,9/:078:?:=C07=,/4,/:=0>?I9.,7409?0> A4?,=.@,7<@40=.:9?,.?:/4=0.?:/077J<@4/:=01=420=,9?0;,=,07.@0=;:
;49?,/:/07A03J.@7:

*- !-"
4-0=,=7,;=0>4L90907>4>?08,,17:5,9/:07?,;L9/0;=0>4L9/07
/0;L>4?:/07J<@4/:=01=420=,9?07420=,809?0 .:9?49@,.4L9=0?4=0
7,?,;,/0;=0>4L9.:8;70?,809?0
@9.,,-=,7,?,;,3,>?,<@0077J<@4/:=01=420=,9?0
?08;0=,?@=,7702,,>0=-,5:
R,
0A4?,=.@,7<@40=<@08,/@=,
K,/4=07=01=420=,9?0/08,90=,<@00794A07/0=01=420=,9?00>?H09?=0
$& !
)C8,=., 0907/0;L>4?:,@B474,=/0=01=420=,9?0
! :90.?,=07;=:-,/:=,77709,/:/07/0;L>4?:C,;74.,=;=0>4L9
-,= :8;=@0-0?:/,>7,>8,92@0=,>/0=01=420=,.4L9?@-0=J,>C
# .:90B4:90>09-@>.,/01@2,>.@,9/:7,;=0>4L9/07;=:-,/:=.,0
C=008;7,.0:,5@>?0>40>90.0>,=4:
*%'+,,'
$@80=24=07?0=8:>?,?:0907,2@, ,709?,=07,2@,C.:8;=:-,=
7,?08;0=,?@=,/0,;0=?@=,/07,AH7A@7,
, %( *,-* ( *,-*

FR
$.0$.-$

$4>0,K,/0
/0,9?4.:9207,9?07,;,70?,-:8-,/0,2@,;@0/0>0=/,K,/:C7,.:9/@.?4A4/,/?I=84.,>0;@0/0/4>849@4=/,9/:7@2,=,@9,
8,7,.4=.@7,.4L90907>4>?08,/0=01=420=,.4L9<@0.:9/@.0,8:?:==0.,709?,/: 7@>:/0=01=420=,9?09:=0.:809/,/:;:/=J,.,@>,=/,K:>09
07>4>?08,/0=01=420=,.4L9C07>:-=0.,709?,8409?:/078:?:=

;0=?@=,/07,?,;,/07/0;L>4?:/0=01=420=,9?08409?=,>078:?:=0>?H098,=.3,:.,7409?0;@0/0.,@>,=<@08,/@=,>;:=A,;:=.,7409?0:,2@,

",=,,-=4=07?,;L9/07/0;L>4?:/07J<@4/:=01=420=,9?009A@07A,7,?,;,.:9@9,?:,77,:@9;,K:8:5,/:/00>;0>:=/0>;@I>/0<@0078:?:=>0091=J,
>@14.409?0809?0
$4>0,K,/0,2@,1=J,;,=,078:?:=>0.,7409?,078:?:=:07=,/4,/:=>0;@0/09/01:=8,= 7,9?4.:9207,9?00907=01=420=,9?0;@0/0/,K,=
7,>@;0=14.40;49?,/,,>J<@00A4?007.:9?,.?:/07=01=420=,9?0.:907.@0=;:;49?,/:

7,9?4.:9207,9?0C,2@,>0/0-0980D.7,=097,=07,.4L9/080D.7,,/0.@,/, @9.,,2=02@0>L7:,2@,,7,K,/4==01=420=,9?0

$407.:9?094/:/0,9?4.:9207,9?00>/08,>4,/:-,5,07=01=420=,9?0;@0/0.:9207,=>08409?=,>078:?:=>0;@0/0>:-=0.,709?,=>407.:9?094/:/0,9?4.:9207,9?00>
/08,>4,/:,7?:

:8-,/0,2@,/>>C"0=9: %@-0=J,/0=01=420=,9?0/>>C"0=9:
-C;,>>,-=,D,/0=,/08,92@0=,/0
,-:8-,/0,2@,":70,%:=9477: /0>,4=0,.4L9"4;0/>>C"0=9:
/0>,4=0,.4L9,-=,D,/0=,/0
%0=8:>?,?:/>>C"0=9: 8,92@0=,
/40.4>I4>
:90.?:=/0>,74/,/0=01=420=,9?0/>>C

"0=9:

9>,8-7,50/0=01=420=,.4L9/07 L/@7:,4>7,/:=/0%%(#
=,/4,/:='09?47,/:=C;=:?0..4L9/0 L/@7:&"#=6?>:709:4/0%:=9477:
9>,8-7,50/07,.@-40=?,/07 "=:?0.?:=0=::8,4=0.,7409?0%:=9477:
=,/4,/:=$0,77,/:/07?:=9477:

,92@0=,#,/#,/
(%+7,8;+
8,92@0=,/009?=,/,>,74/, (%+7,8;+

/07,8,92@0=,,<@477,50 74;+7:>0/+%+?:=9477:/0
,92@0=,/0/0>,4=0,.4L99>,8-7,50#,/ =:>.,/07?:=9477:
8,92@0=,/09>,8-7,50/0>,4=0,.4L9#$'# 7,8;+$;=492+?,9<@0
8,92@0=,/0/0>,4=0,.4L9 9>,8-7,50,;08-,7>0
9>,8-7,509274;/0>,4=0,.4L9/07?@-: /0;L>4?:/0=0>0=A,
/40.4>I4>
%(%+$;=492+7,8;+
(%+$;=492+7,8;+

/
7>4>?08,/0=01=420=,.4L90>8,9?090=0>?,-707,?08;0=,?@=,/078:?:=

(2+#,' $1)-#'* !*#" *&,
'% "-
,-:8-,/0,2@,0>48;@7>,/,;:=7,.:==0,/0?=,9>84>4L9/078:?:=C>@8494>?=,077J<@4/:
=01=420=,9?0,.,/,H=0,/078:?:=
*%'+,,'
@,9/:07=01=420=,9?0/078:?:=
,7.,9D,
R07?0=8:>?,?:
.:8409D,,,-=4=?:?,7809?0,-40=?:09
RC;0=84?0<@007=01=420=,9?0
17@C,,7=,/4,/:=;,=,8,9?090=7,
?08;0=,?@=,/078:?:=

(- *,' +$# $1)-#'* !*#" *&,
%( *,-** !* +&,
+ &+'*
4/07,?08;0=,?@=,/07=01=420=,9?0C
09AJ,07=0>@7?,/:,7,&/078:?:=
#'* . &,#$'*
4==,/4,07.,7:=,?=,AI>/07,>,70?,>C>0091=J,07 ,.0.4=.@7,=07,4=01=0>.:,7,1@0=D,,49?0=.,8-4:/0.,7:=.:97,,70?,
=01=420=,9?0.,7409?0.:8:07=01=420=,9?0;,>,,?=,AI>/07 /079M.70:/07=,/4,/:=
?@-:/079M.70:/07=,/4,/:=

:8-,/0,2@,
0=4A,.4L9
=0?:=9:/07
.,709?,/:=
%0=8:>?,?:

;@0=?:/0>,74/,/07J<@4/:=01=420=,9?0
(- *,' +$# $1)-#'* !*#" *&,
,7=,/4,/:=,7,-:8-,/0,2@,
-C;,>>;,=,.,709?,/:=/07,.,-49,
;,=,07>09>:=/0?08;0=,?@=,/07
=01=420=,9?0/07/0;L>4?:/0=01=420=,9?0
8:@9?4935010/05@9?,/0.@7,?,

-* $!$$6(
($ -,$*$6( -* $!$$6(
%076 "$ "$
"63,(+,3*0.J,G(3763,(+,3(3;,95(+69

:(30+(5694(3

N
&. ,(), 05(*;0=6 974
39,.<3(+69+,=63;(1,
' N
65.0;<+
44 N
,70336
3F40;,+,+,:.(:;, 44 N
%076 N

. ,5
(7(*0+(+ / N

&. ,(),

465;(1,+,3(3;,95(+69",956

. ,5

465;(1,+,3()(;,9F(
%<,9*(%<,9*(()%0,99(*651<5;6+,
"05@((;,9F(",956
3(*(1()(;,9F(<:0)3,:<)
3(47(;,9F(+,*()3,!1(350336
*651<5;6+,*()3,*()3,+,465;(1,+,*()3,
;,9405(3+,61(3;,9405(3+,(50336
76:0;0=6(;,9F(7,956+,4(:((7%0,99(
65,*;69;,9405(3+,3()(;,9F(

2
&. ,(),
U ,/ -&$
5. )'), 0$-, 0&), -.& $) $6(

,:*65,*;,,3*()3,*65,*;(+6(3;,9405(3+,3 "(::$03(*6990,5;,4,+0+(,:+,
(3;,95(+6965,*;(9<5,>;9,46+,3(47,9F4,;96(3 64(?69(33($03(*6990,5;,4,+0+(,:
;,9405(3?,36;96,>;9,46(3*()3,*65,*;(+6(3 05-,9069( 65;963(93(*6990,5;,+,
;,9405(3 3(;,9405(3
),,$ (. -&$
,+09,3=(369+,:(30+(4D>046(5;,5,93(
=,36*0+(++,346;69,5;9,
? 974
09,,3-(96?;6+6:36:05;,99<7;69,:,3E*;90*6:,5

6=,93(7(3(5*(:,3,*;69(+,4(9*/(:(3(76:0*0H55,<;9(3 *09*<0;6()0,9;6$03(*6990,5;,4,+0+(
,:6:<7,9069
./&. ,'$(&
(5;,5,93(=,36*0+(++,346;69( 974*65,3
=,/F*<36+,:*(9.(+609,;6+6:36:05;,99<7;69,:
,3E*;90*6:-<,9(

,:*65,*;(9,3*()3,5,.(;0=6+,3()(;,9F( "(::$03(9,:0:;,5*0(4,+0+(,:
,5;9,?
#,;09,,3;,9405(3?(7(.<,,305;,99<7;69+, M
).),
,5*,5+0+6 )6)05(+,96;69+,-,*;<6:66(50336+,
, -$-. ($ &)$(
,+093(9,:0:;,5*0(,5;9,36:;,9405(3,:?*65 +,:30@(40,5;6$03(9,:0:;,5*0(4,+0+(,:
<56/4F4,;96 4,56:+,M64(?698<,M

65,*;(9,3*()3,(+6+,3;,9405(3,+09,3 9,.<3(+696+,)6)05(:
'(
'
=63;(1,*65,346;69,54(9*/( +,-,*;<6:6:7,*0-0*(*0H5$03(
0)&.% &. ,'$(&
;,5:0H54,+0+(,:
'6:<7,9069
,:*65,*;(9,3*()3,5,.(;0=6+,3()(;,9F(
65,*;(9,3*()3,5,.(;0=6+,5<,=6+,:7<E:+,*65,*;(9,3(47,9F4,;96

U )&/$6( *,)& '-
5. ),+/ $6(
9,.<3(+69+,;,5:0H5+,3(3;,95(+69+,-,*;<6:6 #,,473(@(9
. ,5-), ,"
*()3,(+6+,+,;,**0H5+,;,5:0H5+,-,*;<6:( #,7(9(969,,473(@(9
*699,(+,3(3;,95(+69-361( :H363(;,5:0H5+,3(*699,(6
:<:;0;<09
(3(*65,>0H5+,*09*<0;69,3(*065(+66*09*<0;6()0,9;6 '<,3=(((79,;(93(*65,>0H5
:<,3;(69,7(9(9*09*<0;6
. ,5 -," ()0,9;6
9,.<3(+69+,;,5:0H5+,3(3;,95(+69+,-,*;<6:6 #,,473(@(9
3()(;,9F(;,9405(+( #,,473(@(9
;0,99(+,-,*;<6:( #,7(9(9
9,.<3(+69+,;,5:0H5+,3(3;,95(+69+,-,*;<6:6 #,,473(@(9
($), ," 0 ,. ($()- 09*<0;6()0,9;6,5,3*(9.63D47(9(+,(+=,9;,5*0(,3-<:0)3,6,3 #,,473(@(969,7(9(93(3D47(9(+,

($ ( & ( ( , &$(. ,,/*.), *()3,(+6 (=0:6+,*(9.(6,3-<:0)3,
( ($))( &').),
. ($)
05;,99<7;69+,,5*,5+0+6+,-,*;<6:6 #,,473(@(9
73(5;(+,-,*;<6:6+,3*09*<0;6+,3(3;,95(+69 #,7(9(9
9,.<3(+69+,;,5:0H5+,3(3;,95(+69+,-,*;<6:6 #,,473(@(9
6996F+66+,:.(:;(+6*()3,+,3()(;,9F( #,7(9(969,,473(@(9
+6&3'*, 0 ,. ($#," #
)*",- -*/4- )' (1, *699,(+,3(3;,95(+69-361( 1<:;,3(;,5:0H5+,3(*699,(6

').), :<:;0;<093(*699,(
(95E:+,*()3,(+6+,-,*;<6:6 #,7(9(969,,473(@(9

. ,5
U (-* $6(

U -())'*,)), . ,5-
"$$
'64D:,>730*(9(3*30,5;,+,8<,3()(;,9F(,:9,<;030@()3,
,*,:0;(5:,9*(9.(+(: (
'*(9.(93()(;,9F(*65<5*(9.(+69?=63=,9(05:;(3(936>730*(936(3*30,5;,
,*,:0;(5:,99,,473(@(+6: '64D:()(;,9F(+,),:,99,,473(@(+6+,)0+6(+,:*(9.(:7<,+,5
U )) '*& )*,)), &. ,5
,;,9405(93(*(7(*0+(++,3()(;,9F(4,+0(5;,3(-01(*0H5*(7(*0+(+
+,*(9.(?/69((*;<(3?3(=(90(*0H5+,;,5:0H5,;,9405(93(
*(7(*0+(++,3()(;,9F()(:(+6,53(*(5;0+(++,*(F+(+,;,5:0H5
*<(5+6:,+,:*(9.(<5(*(7(*0+(++,*(9.(-01(
+<9(5;,
:,.<5+6:65,*;,,3796)(+69(3()(;,9F(?3,,93(7(5;(33(40,5;9(:
:,(730*(<5(*(9.(+<9(5;,:,.<5+6:
D9,(961(O6=,9+0:*/(9.,6+,-,*;<6:(
)(;,9F(
D9,((4(9033(P ,*,:0+(++,:,9*(9.(+(
&;030@(5+6<5(3;,95(+69+,=,/F*<36?<5*(9.(+69+,)(;,9F(
@65(=,9+,QC9,(961(5694(3,5,33(+60@8<0,9+6+,
!R
476:0)3,*(9.(9*65<5(3;,95(+69
@65(=,9+,*65!S*6)9(5694(34,5;,
D9,(961(,5,33(+6+,9,*/6+,3(!
T!=,9*/(9.,+769<5(3;,95(+69

U
/ ($($$)
$03()(;,9F(,:;D)(1(6;,9405(+63()(;,9F(+,6;96=,/F*<36:,7<,+,<;030@(9*65*()3,:+,(99(58<,7(9((99(5*(9,346;69
U *,)( .,

376:0;0=6+,3()(;,9F(+,:*(9.(+(3;,9405(376:0;0=6
+,3()(;,9F(+,9,-<,9@65,.(;0=6+,3()(;,9F(+,9,-<,9@6

65,*;(9<5,>;9,46+,36;96*()3,+,7<,5;,(3(*(996*,9F(+,3=,/F*<36+(+6+,(3;(;(3*646,3)368<,+,346;696<5.(5*/6+,9,4638<,+,3(5;,96
U )' (1()

"9,7(9(9<5*651<5;6+,*()3,:+,7<,5;,
6368<,6;96=,/F*<368<,;0,5,,340:46
'+,(304,5;(*0H5*,9*((3=,/F*<36+,:*(9.(+6,:*65,*;(9;6+6:36:
(**,:6906:,3E*;90*6:7(9(,3=,/F*<36+,:*(9.(+6
730*(9,3-9,56+,,:;(*065(40,5;6?*(4)0,,3;9(5:,1,(3(76:0*0H5";9(5:40:0H5(<;64D;0*(676:0*0H5+,7<5;64<,9;6 ;9(5:40:0H5
4(5<(365,*;(936:*()3,:+,7<,5;,

%9(;,+,(99(5*(9,3=,/F*<36+(+6+,(3;(40,5;9(:8<,3((*,3,9(*0H5+,3(=,36*0+(++,346;69,5,3=,/F*<36(<>030(95;,5;,765,9,5
4(9*/(,346;69*653()(;,9F(+,:*(9.(+(
,:7<E:+,(99(5*(9,346;69+,:*65,*;,*<0+(+6:(4,5;,36:*()3,:+,(99(58<,,53(:,*<,5*0(05=,9:(+,3(*65,>0H5

U (. ($'$ (.)
$03(3D47(9(+,(+=,9;,5*0(+,*(9.( ,5,3*<(+96+,05:;9<4,5;6::,,5*0,5+,40,5;9(:*65+<*,/(?<54(3-<5*065(40,5;6
,5,3:0:;,4(+,*(9.(05*3<?,5+63()(;,9F("6936;(5;633,=(9(*()63(*64796)(*0H5+,3:0:;,4(:,5,*,:0;(
:,.I9,:,+,8<,36:*()3,:+,3()(;,9F(,:;D5*65,*;(+6:-094,4,5;,$036:;,9405(3,:,:;D5*6996F+6:
30470(936:*65<5*,70336+,(3(4)9,6301(:
$0,479,+,:*65,*;(936:*()3,:+,3()(;,9F(*653(33(=,+,*65;(*;63+,:*65,*;(936:*()3,:+,3()(;,9F(*653(33(=,+,*65;(*;6,5
76:0*0H576:0*0H5! 6=(90(:<50+(+,:,3E*;90*(:7<,+,5+(G(9:,+,)0+6(3*(4)069,7,5;056+,;,5:0H5
6479<,),3()(;,9F(7(9(*9(*2+(G6:6-<.(:+,3F8<0+6$<:;0;<093(:0,:5,*,:(9060470,,33F8<0+6+,3()(;,9F(:6)9,3(:<7,9-0*0,+,3()(;,9F(
<:(5+6<5.<(5;,+,.64(?<57(G6304706/<4,+,*0+6*65(.<(1()656:(

2
3:0:;,4(+,*(9.(,:;D+0:,G(+67(9(:<4050:;9(9,5,9.F(,3E*;90*((3=,/F*<36+<9(5;,3(*65+<**0H5?:<4050:;9(<5(;,5:0H5+,*6990,5;,*65;05<(
*65:;(5;,4,+0(5;,3(*65=,9:0H5+,46=040,5;6+,96;(*0H54,*D50*(,5,5,9.F(,3E*;90*(39,.<3(+69+,;,5:0H5,53(7(9;,76:;,9069+,3(3;,95(+69
*65;963(,3=63;(1,.,5,9(+6,5;6+6:36:9(5.6:+,96;(*0H5?(1<:;(3(;,5:0H5+,3:0:;,4(+,(*<,9+6*653(*(9.(,3E*;90*(?,3*(4)06+,
;,47,9(;<9((4)0,5;,
- &,,) ,5

. ,5
$,*65=0,9;,3(,5,9.F(8<F40*((3(,5,9.F(,3E*;90*(?
:<4050:;9(,5,9.F((3(:<50+(+,:,3E*;90*(:
*699,:765+0,5;,:(3(99(5*(9,346;69
&. ,(),
& )
3(3;,95(+69*(9.(3()(;,9F(?:<4050:;9(,5,9.F((
*(+(<50+(+,3E*;90*(4,+0(5;,3(*65=,9:0H5+,3(
,5,9.F(4,*D50*((3(,5,9.F(,3E*;90*(

2
#5/&)-$(-$-. ' &&0 $(. &$" (.

$",' &$,/$.)

%#)!
! %$#)! %#)!
*# %
)'*,)'#-) &.#*)'&&
,,(,&').), -(.#)!#,) !/$-&,&)$
(-#8(-,0##)&-)&()# 1
-) %!

,()
,,(+/

"')!#$" %
$" '%#"% )!
$.(-#8(&.,6 ,!,)-/-.#./#,
&&.,6-/&.)-),,)6)-)7)-
*,,),'*&2,
&').),()
,,(), ./)-))#,/#.)&#(.,,/*.),
'(#0&
((#) ./)-)#,.)) /-#& /(#) *,,),'*&2,
'-&').),*),- *,,
$.(-#8(&.,6 ,!,)-/-.#./#,
&').),!#,
&&.,6-/&.)-),,)6)-)7)-
'-#)&(.)
*,,),'*&2,
,,(+/ ./)-)
,,(+/ ./)-) *,,),'*&2,

,,(+/()"
.(,
#(.,,/*.),((#) ./)-) '*&2,
(!,($&*#78(,,(+/,).)) ./)-) /-.#./#,&').),,,(+/

&').),!#,
(),'&'(.*,) ),)((.&0)&(.,).) '*&2,
()-#(##
#,/#.)#,.) *,,

(
&').),,,(+/,,(+/&').),+/,,(+/&').),)(/(*).(#!#,)'#(.&)(0,-#8(&(,!6&5.,#&(,!6'4(#
/()&').),-.4!#,()&(!,($*#78((!,()(&),)((.#&)-1-)-(!,($-(#&&)&)-1-)-*#78(&(!,($&
',!/*,*,).!,&(!,($*#78(
!$ "!& "&"$

4
"/ .&, &6*!"(/&/0")
.1 ".+10+)50& ++,".!+ .1 ".++,".!+
0'328630()'69')63)7927-78)1%()'328630%9831@8-'3()0%:)03'-(%(59)1%28-)2)92%:)03'-(%(()1%6',%()7)%(%7-298-0-<%6)04)(%0()0
%')0)6%(36
%:)03'-(%(()0:),B'903()&)7)61%;3659)/1,4%6%%'340%67)'32)0'328630()'69')6378%'%6%'8)6B78-'%)7)74)'-%01)28)E8-04%6%0%'32(9''-D2)2
%9834-78%
07-78)1%()'328630()'69')63)7927-78)1%'3140)1)28%6-359)%;9(%%0'32(9'836'32(9'-6)0:),B'903%92%:)03'-(%(()7)%(%7-2
2)')7-(%(()98-0-<%6)04)(%0()0%')0)6%(36&%.30%'32(-'-D2()86@*-'3)259)0%(-78%2'-%()0:),B'90383:),-'0)'9140)'32)06)59-7-830)+%0

(/ +*!& &+*"/!"0.5#& +,."(1/+!" +*0.+(!" .1 ".+
"8-0-'))07-78)1%()'328630():)03'-(%(7D03'9%2(3237),%;%%8%7'%(3)086@*-'30%'-6'90%'-D2436%9834-78%73'%66)8)6%7(32()23,%;92'%1&-3
6)4)28-23)20%7'32(-'-32)7()'32(9''-D2()&-(3%0%709')7()86@*-'34)%832)7)8'
0973-2'366)'83()0'328630()'69')6343(6B%7)64)0-+6373398-0-<%6)2'%73()
(-7309'-D263%(7;;398-0-'))2)086@*-'34)7%(3398-0-<%6)2'%66)8)6%7
6)7&%0%(-<%7;,E1)(%7

78343(6B%6)7908%6)292%4A6(-(%()'328630'30-7-D2;30)7-32)74)6732%0)7

4
&$.)!"( &. 1&0+
%"()013836()8)'8%0%7'32(-'-32)7()34)6%'-D2()07-78)1%()'328630()'69')63;794)6:-7%)06)2(-1-)283()*6)2%(3:)03'-(%(()0:),B'9030%7
'32(-'-32)7()0'%1-23;)0*92'-32%1-)283()07-78)1% -0%"()013836()8)61-2%59)23,%;2-2+E2463&0)1%4%6%'32(9'-6)2)013(3()'328630()
'69')63)0:),B'90349)()7)634)6%(34367)C%0)7()'32198%'-D2()0%:)03'-(%(()')0)6%'-D20%%')0)6%'-D2'69')63

+),+*"*0"/
"*/&6*!""*/3+

4 2+(1" 4
= #
= #
=
#
"?""

=

#

=
#

/0(" &)&"*0+!"1*2"(+ &!!!"/"!
%6%,%')6*92'-32%6)0'328630()'69')63%')0)6%6%0%:)03'-(%(()7)%(%59)()&)7)61@7()0/1,
14,;1)237() /1,14,
2)0:),B'903)59-4%(3'3286%271-7-D21%29%00%4%0%2'%()'%1&-3()1%6',%7()&))78%6)20%437-'-D28)6')6%3794)6-36())2+6%2%.)7

13836-)7)0():),B'903)59-4%(39%2(37)%0'%2<%0%:)03'-(%(()7)%(%4907)" 28)6694836()4%0%2'%()'328630()'69')63
3836()+%730-2%:),B'903)59-4%(39%2(37)%0'%2<%0%:)03'-(%(()7)%(%4907)" 28)6694836()4%0%2'%()'328630()'69')6307-78)1%
)78@46)4%6%(34%6%%'8-:%60%*92'-D2()'328630()'69')63%6%%'8-:%60%*92'-D2()'328630()'69')63)149.),%'-%%66-&% )0-28)6694836()()0%
4%0%2'%()'328630()'69')633)149.),%'-%%&%.3
)0-28)6694836
,36%)0:),B'903)7'328630%(3436)78)7-78)1%'320%:)03'-(%()78%&0)'-(%
$7)49)())78%&0)')6%386%7:)03'-(%()7()0:),B'90329):3'324%737%28)6-36)7()749A7()92%-28)6:)2'-D2()04)(%0()0%')0)6%(36(96%28))063(%.)()'328630()
'69')63
92'%98-0-'))07-78)1%()'328630()'69')63,%78%59)7)%'37891&6)%)00%
0973-2%4634-%(332340)2%1)28)'327'-)28)7())78%*92'-D243(6B%6)7908%6)2'30-7-D2;30)7-32)74)6732%0)7

"(".. +*"(&/0")!"+*0.+(!""(+ &!!
1*-1""(/&/0")!" +*0.+(!" .1 ".+"/05"'" 10*!+
149.),%'-%%66-&%)0-28)6694836()0%4%0%2'%()'328630():)03'-(%(;1%28)2)60%,%78%59)7)%0'%2')0%:)03'-(%(()7)%(%7-292%
-28)6:)2'-D2()04)(%0()0%')0)6%(369%2(37)%0'%2<%0%:)03'-(%(()7)%(%79)08)0%4%0%2'%
1*!+"(/&/0")!" +*0.+(!" .1 ".+*+/""/05"'" 10*!+
%6%%91)28%60%:)03'-(%('32)07-78)1%()'328630()'69')631-)286%759))07-78)1%23)78@*92'-32%2(37-+%037463')(-1-)2837%'328-29%'-D2
')0)6%61)(-%28))04)(%0()0%')0)6%(361@7()/1,

149.),%'-%%66-&%)0-28)6694836()0%4%0%2'%()'328630()'69')63;7378)2)603$%'328-29%'-D279)08))04)(%0()0%')0)6%(360)28%1)28)
9%2(37)%0'%2<%0%:)03'-(%(()7)%(%79)08)0%4%0%2'%
,1,)&"*0./-1""(/&/0")!" +*0.+(!" .1 ".+"/05#1* &+**!+
%6%%91)28%60%:)03'-(%(()0:),B'903)2)8%4%71-)286%759))07-78)1%()'328630()'69')63)78@*92'-32%2(37-+%037463')(-1-)2837%'328-29%'-D2
149.),%'-%%66-&%)0-28)6694836()0%4%0%2'%()'328630()'69')63-2*)6-36% 7)+92(37436'%(%&38D21-)286%759))07-78)1%()'328630()'69')63)78@
*92'-32%2(378%)792%'32198%'-D2()0+6-*3949%2(37)34)6%92'%1&-3()+6-*3)21%6',%)0:),B'9037)%')0)6%4%6% /-0D1)863,73&6)0%:)03'-(%(
)78%&0)'-(%46):-%1)28)
-()7)%%')0)6%6(96%28) /1,34)6%6)0+6-*3)21%6',%)0'%1&-3(-)<:)')77-2%')0)6%6'32)07-78)1%()'328630()'69')63

!"/ "(". &6* +*"(&/0")!"+*0.+(!""(+ &!!
1*-1""(/&/0")!" +*0.+(!" .1 ".+"/05"'" 10*!+
149.),%'-%%&%.3)0&38D2()()7%')0)6%'-D2()0%4%0%2'%()'328630():)03'-(%(;1%28)2)60%,%78%59)7)%0'%2')0%:)03'-(%(()7)%(%7-292%-28)6:)2'-D2
4)(%0()0*6)23 -2)1&%6+3)07-78)1%()'328630()'69')632349)()1%28)2)60%*92'-D2()'69')63%1)237()/1,

9%2(37)%0'%2<%0%:)03'-(%(()7)%(%79)08)0%4%0%2'%
1*!+"(/&/0")!" +*0.+(!" .1 ".+*+/""/05"'" 10*!+
%6%(-71-29-60%:)03'-(%(()0:),B'903'32)07-78)1%()'328630()'69')63'9%2(3)07-78)1%23)78@*92'-32%2(37-+%037463')(-1-)2837%'328-29%'-D2
149.),%'-%%&%.30%4%0%2'%()0-28)6694836()'328630()'69')63%0%(3;1%28)2)60%,%78%59)7)%0'%2')0%:)03'-(%(()7)%(%1-)286%759)0%
:)03'-(%(()0:),B'903)7794)6-36%/1,$%'328-29%'-D279)08))04)(%0()0%')0)6%(360)28%1)28)

9%2(37)%0'%2<%0%:)03'-(%(()7)%(%79)08)0%4%0%2'% -2)1&%6+3)07-78)1%()'328630()'69')632349)()1%28)2)60%*92'-D2()'69')63%
1)237()/1,
,% &'+)&"*0./-1""(/&/0")!" +*0.+(!" .1 ".+"/05#1* &+**!+
%6%(-71-29-60%:)03'-(%(()0:),B'903)2)8%4%71-)286%759))07-78)1%()'328630()'69')63)78@*92'-32%2(37-+%037463')(-1-)2837%'328-29%'-D2
149.),%'-%%&%.3)0-28)6694836()0%4%0%2'%()'328630()'69')63-2*)6-36% 7)+92(37436'%(%&38D21-)286%759))07-78)1%()'328630()
'69')63)78@*92'-32%2(378%)792%'32198%'-D2()0+6-*3,%'-%%&%.39%2(37)34)6%92'%1&-3()8%4%&%.3)0:),B'903)7*6)2%(3436 /1,436()&%.3
()0%:)03'-(%()78%&0)'-(%46):-%1)28) -()7)%()7%')0)6%60%:)03'-(%((96%28) /1,34)6%60%'32198%'-D2()(-)<:)')77-20%-28)6:)2'-D2()04)(%0
()0*6)23%08359)

" 1,". &6*!"(2"(+ &!!#&'!
2'09737-)0'328630()'69')637)'%2')0%0%:)03'-(%(()'69')63'32.9283%28)6-367)49)()6)'94)6%68-6%2(3,%'-%%66-&%()0%4%0%2'%()'328630():)03'-(%(
'9%2(30%:)03'-(%(%'89%0()0:),B'903)7794)6-36%/1,7-292%-28)6:)2'-D2%')0)6%'-D2)637-7)%4%+%)0-28)6694836())2')2(-(30%:)03'-(%(
)78%&0)'-(%1)136-<%(%7)'%2')0%;237)49)()6)'94)6%60%:)03'-(%()78%&0)'-(%46):-%1)28)
)63)0'32(9'836()&)'323')60%:)03'-(%()78%&0)'-(%%28)6-361)28)4%6%6)%''-32%6%0%:)03'-(%(()0:),B'903,%'%1&-%(3'366)'8%1)28) -0%:)03'-(%(()0
:),B'903%91)28%&697'%1)28)4-7))04)(%0()0*6)234%6%%.978%60%:)03'-(%(()0:),B'903'366)'8%1)28)

+*0.+(!"2"(+ &!!
07-78)1%()'328630()'69')638-)2)'%7-0%71-71%7*92'-32)7'32)07-78)1%()'328630()'69')63%9831@8-'37927-78)1%()'328630%9831@8-'3
()0%:)03'-(%(59)1%28-)2)92%:)03'-(%(()1%6',%()7)%(%7-298-0-<%6)04)(%0()0%')0)6%(36
)+!+!" +*!1 &6* .1 ".+
%"()013836'328630%0%*9)68)%')0)6%'-D2;()7%')0)6%'-D24%6%1).36%60%)'3231B%()'31&978-&0)07-78)1%()'69')63
)78@0-783'9%2(37))149.%,%'-%%&%.30%4%0%2'%()'328630()'69')632)78)131)283)0-2(-'%(36)2)08%&0)63()
-278691)2837
07-78)1%'69')6334)6%'9%2(37)8-6%()0%4%0%2'%()'328630()'69')63%6%'%2')0%6)0'69')63()'32(9''-D2)149.%6
(3)20%4%0%2'%()'328630()'69')632)78)131)283)0-2(-'%(36)2)0'9%(63()-278691)28377)%4%+%;)0'69')63%9831@8-'37)
432))21%6',%
*!& !+.
(* !" +*0.+(
.,!"+
149.),%'-%%&%.30%4%0%2'%
149.),%'-%%&%.3()29):3

* "( &6**+.)(!"( +*0.+(!" .1 ".+
07-78)1%()'328630()'69')637)6@'%2')0%(%'9%2(37)%40-'%292331@7)0)1)2837()0%77-+9-)28)7'32(-'-32)7
9%2(37)4-7%)04)(%0()*6)23

9%2(30%:)03'-(%(()'69')63)7()66-&%(31)236()/1,04907%6)0-28)6694836
()0%4%0%2'%()'328630()'69')639%2(37)%'8-:%)0

9%2(37)%40-'%)0*6)23())78%'-32%1-)283'9%2(37)'32(9')9%2(37)
98-0-<%)0)1&6%+9)'32)0*-2()'%1&-%6!730%1)28)
$)07-78)1%()'328630()'69')6349)()7)634)6%(3()29):3)2)78%(3()1%6',%
%28)2+%)0-28)669483646-2'-4%0()'328630()'69')63)20%437-'-D22)986%'9%2(32398-0-'))0'328630()'69')63

* "( &6**+.)(!"( +*0.+(!" .1 ".+
*9)68)%')0)6%'-D23()7%')0)6%'-D2
/1,1@76@4-(359)0%:)03'-(%()78%&0)'-(%

/1,1@76@4-(359)0%:)03'-(%()78%&0)'-(%(96%28)921-2983
/1,1@70)28%59)0%:)03'-(%()78%&0)'-(%
/1,1@70)28359)0%:)03'-(%(()'32.9283(96%28)1-298379%2(3

0%4%0%2'%()'328630()'69')63)7()*)'89373
9%2(3)0-28)6694836()0*6)23;0%7)C%0())286%(%()0-28)6694836()09<()*6)232373240%97-&0)7
9%2(30%*92'-D2()'328630()'69')637)'%2')0%()1%2)6%%2361%037-7)463(9')2463&0)1%7-28)61-8)28)7()8)2+%)0:),B'903;%4%+9))0-28)6694836()
)2')2(-(3;59-8)0%00%:)4%6%6)-2-'-%6)07-78)1%)749A7()926%83)2'-)2(%)0-28)6694836())2')2(-(3()29):34%6%34)6%6)07-78)1%()'328630()'69')63
319):%0%4%0%2'%()'%1&-37%0%437-'-D22)986%0(96%28)0%'32(9''-D2'32)0'328630()'69')63%'8-:%(3)03'3286%6-349)()463:3'%692
1%0*92'-32%1-)283()07-78)1%3%''-()28)7

-)146)46)4%6%(374%6%98-0-<%6)0*6)233()0%')0)6%(364%6%92%'32(9''-D27)+96%1-)286%759))07-78)1%()'328630()'69')63)78@*92'-32%2(3
%:)03'-(%(6)%049)()7)6(-*)6)28)()0%:)03'-(%(*-.%(%131)28@2)%1)28)'9%2(37)'32(9')43692%'9)78%%66-&%3'9)78%%&%.336038%2837)
6)'31-)2(%()7%'8-:%60%*92'-D2()'328630():)03'-(%()292%'9)78%%66-&%3'9)78%%&%.3+%00-2%()'32(9''-D2)292%'30-2%)14-2%(%98-0-<%6)0*6)23()0
*6)23()013836;)04-)%()'9%(%1)28)4%6%4638)+)6)07-78)1%()0:),B'903;4%6%921%2).37)+963
7)+E6)7)()59)0%(-78%2'-%()7)+96-(%(7)1%28-)2);98-0-<%)04)(%0()0*6)237-)72)')7%6-3

!! !
$504 "/+'$' #$-03
-6>A6C2EFC2C67C6D42?E6 \ / \K/

\

K \
-6>A6C2EFC26?=2E@>2562:C6 \ /2CT2D68W?=2E6>A6C2EFC256=2:C62>3:6?E6@
>@5@56>@E@C
+2=6?ET CA> N *( N
2C8256=>@E@C K
=F;@56>2D2562:C6 <89 K<89
R?8F=@56A@D:4:V?56=2>2C:A@D2 $Q+#-)+,+/ M4@>A=6E2>6?E623:6CE@KM6CC2C
D7F6CJ@56E@C4:V?56=>@E@C (F6G@'S;:4@ G2CT25624F6C5@4@?=2D4@?5:4:@?6D56=>@E@C
E:6>A@56:?I644:V? ,C2
/@=E2;656=232E6CT2 / //K
A@D:4:V?56=A652=56=246=6C25@C
/ K /

A@D:4:V?56=A652=56=246=6C25@C
/ K /

,6?D@C56@H:86?@ >/ K/
)/GR=GF=2564@?EC@=56246:E6 K
/#,D@=6?@:5656=2GR=GF=2 )( )
:?E6CCFAE@C56=4@>AC6D@C
)( )
2C824@>A=6E2 )( )
&=2>2C2=2AF6CE2564@?EC@= )( )
:?E6CCFAE@C56=7C6?@ )( )
@?EC@=564CF46C@ )( )

!
08?*(/053$4(3$
0%+/$'((/&(/'+'0 &0.1-(5$
4(/403
6,?$
#+-0/530-
#=-76-$
3(4+A/'(-$&(+5(
7=-76-$'(# /9(&503 (/403'('(50/$&+0/
&$.%+$3

-$104+&+A/'(-=3%0-'(-(7$4 !(.1(3$563$'(-3()3+*(3$/5( 08?*(/0)3(/5( 40-(/0+'(
4(/403 4(/403 4(/403 "
.0503
7=-76-$'(
&0/530-'(163*$'(-
'(104+&+A/'(-&+*B(@$-
4(/403
$&(-(3$'03(-(&53A/+&0 *$5+--0.$*/>5+&$
# 40-(/0+'('(-$7=-76-$ 4(/403!
&6(310 $/+--0

"! !

'((/53$'$4$-+'$'(-$"

0.10/(/5(41$3$(/53$'$"
08?*(/053$4(3$ !(.1(3$563$3()3(4&$/5( -$104+&+A/'(-=3%0-'(-(7$4 '(104+&+A/'(-&+*B(@$-
4(/403 4(/403 4(/403 4(/403
4(/403'(08?*(/0)3(/5(
"'(-.0503 $&(-(3$'03(-(&53A/+&0
&6(310
(/403'('(50/$&+0/ 4(/403!
D6U2=56A652=D6U2=56=:?E6CCFAE@C56=
G6?E:=25@C567C6?@D6U2=56A652=56
6>3C28F6D6?D@C56AC6D:V?56C67C:86C2?E6

,I,*F25C@56

:?DECF>6?E@D-.

3(4+A/'(-$&(+5( -=.1$3$'($'7(35(/&+$'(13(4+A/'($&(+5(
&$.%+$3

0.10/(/5(41$3$4$-+'$"
#7=-76-$'(&0/530-'($&(+5( $33$/&$3(-.0503 &0.13(403 /9(&503
# 40-(/0+'('(-$7=-76-$
"'(-.0503 0%+/$'((/&(/'+'0
40-(/0+'('(&0/530-'(163*$ ()3+*(3$&+A/'(-
7=-76-$ .A'6-0'(7(/5+-$'03

,I,*F?:52556'

24@A=2>:6?E@56=2

F?:52556*,

F25C@56:?DECF>6?E@D

96CC2>:6?E2,%'-.56

5:28?VDE:4@

!"
6/&+0/(4
.C64:36I2?2=:J2D6U2=6DAC@4656?E6D565:G6CD@DD6?D@C6DI>@5:7:426?E@?46D6D2DD6U2=6D6??:G6=6D56E6?D:V?A6C>:D:3=6D
I2?2=:J2A2C24@?EC@=2C=@DC6DA64E:G@D244:@?25@C6D
.>:4C@AC@46D25@C42=4F=2A6CT@5@56:?I644:V?I6=>@>6?E@56:?I644:V?2564F252A2C2=2G6=@4:52556=A:DEV?56=>@E@CI6=R?8F=@56=4:8X6U2=6?32D62
52E@D566?EC252I2=>246?25@D>2A26DA64T7:4@A2C24@?EC@=2C6=82DA@E6?4:256=>@E@CI6>:D:@?6D
,6U2=56D2=:5256=>:4C@AC@46D25@C.24E:G2=2GR=GF=256D@=6?@:5656=:?I64E@CA2C24@?EC@=2C6=A6CT@5@56:?I644:V?564@>3FDE:3=6I=2
D:?4C@?:J24:V?56=2:?I644:V?A@C=@4@?EC@=2G2C:@D24EF25@C6D6?C6DAF6DE22=@D42>3:@D56=>@E@C7F?4:V?2FH:=:2C56=2.9225@AE25@A2C2C65F4:C
=2D6>:D:@?6D5682D >6;@C2C=264@?@>T2564@>3FDE:3=6I2F>6?E2C=2D68FC:525 4@>@5:5256DI4@?7@CE*@C6;6>A=@ 92IFE@4CF:D6I:?>@G:=:J25@CI
25@AE2C@?4@>F?:424:V?(A2C2:?E6C42>3:2C52E@D6?EC6=@DD:DE6>2D6=S4EC:4@D'I-56=D:DE6>22FE@>RE:4@567C6?@6?6=G69T4F=@4@?7=F:56J1
=296CC2>:6?E2565:28?VDE:4@AF656FD2CD6A2C25:28?@DE:42C6=6DE25@56=G69T4F=@I56764EF@D@D
-6>A6C2EFC2567F?4:@?2>:6?E@56=2.6D?@C>2=>6?E656
2MIAC@E68:5@56724E@C6D4@>@6=A6ECV=6@
28F2I6=64EC@>28?6E:D>@I?@56369236C49@BF6D>64R?:4@D
6/&+0/(4'(0/530-

@?EC@=6DA@C6E2A2D@A6C2E:G2D
*2C2BF6=24@>3FDE:V?VAE:>26?E@52D=2D6E2A2D567F?4:@?2>:6?E@ =2.563642=4F=2C6=G@=F>6?56:?I644:V?2564F2526?42526E2A2
4@?D:56C2?5@5:G6CD@D724E@C6D

#?:4:2C6=4@?EC@=56G@=F>6?56:?I644:V?
FC2?E66=2CC2?BF6:?:4:2= =2:?I644:V?56G@=F>6?564@>3FDE:3=6D642=4F=26?7F?4:V?56E6>A6C2EFC2I=2G6=@4:52556=>@E@C562CC2?BF6
A2CE:C56=2:?I644:V?4@?E:?W256D564F2?5@6=:?E6CCFAE@C566?46?5:5@D64@=@426?=2A@D:4:V?292DE2BF66=>@E@C==68F62=2G6=@4:525>T?:>2
A6C>:E:52

&24@?5F44:V?564@?EC@=56=>@5@
,:6=G69T4F=@7F?4:@?2?@C>2=>6?E6 6=G@=F>6?56:?I644:V?564@>3FDE:3=6D642=4F=26=C64@CC:5@56=A652=56=246=6C25@CI=2DCA>56=>@E@CI6=>2A256=2
F?:525D6FE:=:J2A2C29246C4@:?4:5:C=2D6?EC252D56=@D4@?5F4E@C6D4@?F?2A@E6?4:2VAE:>256=>@E@C

0/530-#0-6.(/'(+/9(&&+A/ #+4+A/
*(/(3$-
*2C2>2?E6?6C=2D>6;@C6D4@?5:4:@?6D56=>@E@CIA2C2C65F4:C6=82D566>:D:V? .56E6C>:?26=G@=F>6?56:?I644:V?I6=E:6>A@

0.10/(/5(4
^ &0.10/(/5(4'((/53$'$
(/403'(104+&+A/'(- 08?*(/0)3(/5( !(.1(3$563$3()3(4&$/5( '(104+&+A/'(-&+*B(@$-
1('$- 4(/403 4(/403 4(/403
-$104+&+A/'(-=3%0-'(-(7$4 $&(-(3$'03(-(&53A/+&0
(/403'('(50/$&+0/ 4(/403!
4(/403 &6(310
^ &0.10/(/5(4'(4$-+'$

'((/53$'$4$-+'$1$3$(-&0/530-'(70-6.(/'(+/9(&&+A/

$1$'(70-6.(/'(+/9(&&+A/%=4+&$

0/530-'(-4+45(.$'(+*/+&+A/ #+4+A/
*(/(3$-
>@E@C! 6DER6BF:A25@4@?6=D:DE6>2566?46?5:5@:?5:G:5F2=2523F;T2D692467F?4:@?2C:?56A6?5:6?E6>6?E6A@C=2.IF?2
3@3:?2566?46?5:5@I=23F;T2D6AC@A@C4:@?2?A2C242524:=:?5C@

0.10/(/5(4
^ &0.10/(/5(4'((/53$'$
!(.1(3$563$3()3(4&$/5( '(104+&+A/'(-&+*B(@$- 104+&+A/'(-1('$-'(-$&(-(3$'03
4(/403 4(/403 4(/403
-$104+&+A/'(-=3%0-'(-(7$4 &6(310'(-
(/403'('(50/$&+0/
4(/403 $&(-(3$'03(-(&53A/+&0
^ &0.10/(/5(4'(4$-+'$

'((/53$'$4$-+'$1$3$(-4+45(.$'((/&(/'+'0

$3$&5(3?45+&$4
6E6C>:?26=E:6>A@566?46?5:5@5624F6C5@4@?=2D6U2=566?EC252
&2.D:6>AC62?2=:J2=@DD:8F:6?E6D6=6>6?E@DA2C256E6C>:?2C6=E:6>A@566?46?5:5@

56A@D:4:V?56=4:8X6U2=D6?D@C56E6>A6C2EFC256=

D6?D@C56A@D:4:V?56=RC3@=56=6G2DD6?D@C

-6>A6C2EFC256=C67C:86C2?E656=2:C65625>:D:V?56

>2D22:C6
2=6?E2>:6?E@564@?G6CE:5@C42E2=TE:4@
=E:6>A@566?46?5:5@D6C6E2C525FC2?E6F?@D D68F?5@DA2C2@A6C2C6=4@?G6CE:5@C42E2=TE:4@5624F6C5@4@?=2E6>A6C2EFC256
7F?4:@?2>:6?E@6?=2DD:8F:6?E6D4@?5:4:@?6D

&2E6>A6C2EFC256=C67C:86C2?E66D56MK M6?6=2CC2?BF6

=CS8:>6?56C2=6?ETD62F>6?E2A@C6=4@?EC@=56=2G6=@4:52556C2=6?ETA2C22IF52C42=6?E2>:6?E@56=4@?G6CE:5@C42E2=TE:4@
4@?EC@=56C2=6?ET
=E:6>A@566?46?5:5@AF656C6E2C52CD692DE2M@2G2?JV92DE2 A2C22IF52C24@?EC@=2C=2G6=@4:52556C2=6?ET
=4@?EC@=56E:6>A@566?46?5:5@D6AF656C62=:J2C>RDCRA:5@BF66=4@?EC@=2EC2GSD56=2GR=GF=256>2C:A@D2
@CE6564@>3FDE:3=65656D246=6C24:V?
=E:6>A@566?46?5:5@D6C6E2C52E6>A@C2=>6?E6A2C26G:E2C2F>6?E@3CFD4@56=A2C4F2?5@D6C6:?:4:2=2
4@>3FDE:V?
E6>A6C2EFC256=2:C65625>:D:V?E6>A6C2EFC256=C67C:86C2?E6
=E:6>A@566?46?5:5@D6C6E2C52A2C26G:E2C8@=A62CD:=2E6>A6C2EFC256=2:C6@=TBF:5@C67C:86C2?E656E6>A6C2EFC25625>:D:V?6D2=E2=E:6>A@56
6?46?5:5@D6C6E2C526?=@D42D@DD:8F:6?E6D

&2E6>A6C2EFC256=2:C65625>:D:V?6DERA@C6?4:>256 M&2

E6>A6C2EFC256=C67C:86C2?E66DERA@C6?4:>256 M
=C6E2C5@56=6?46?5:5@A2C2=2E6>A6C2EFC2562:C65625>:D:V?IA2C2=2E6>A6C2EFC256=C67C:86C2?E6D62U256A2C2=24@CC644:V?
>@5@564@?EC@=,+,*
=E:6>A@566?46?5:5@D6C6E2C52A2C2C65F4:C6=A2C>@E@C=@>RDCRA:5@A@D:3=66?6=>@5@564@?EC@=,+,*
&=2>2C2=2AF6CE2564@?EC@=
,:8@=A62?5@D6AC@5F466?6=4:=:?5C@ 6=R?8F=@566?46?5:5@56=4:=:?5C@4@CC6DA@?5:6?E66DC6E2C525@=@D
E6>A6C2EFC256=C67C:86C2?E66DM2 M4F2?5@D6:?:4:2

'(&$-(/5$.+(/50'(&0/7(35+'03&$5$-?5+&0
0.10/(/5(4
^ &0.10/(/5(4'((/53$'$
!(.1(3$563$3()3(4&$/5( '(104+&+A/'(-&+*B(@$-
4(/403!
4(/403 4(/403
^ &0.10/(/5(4'(4$-+'$

6/&+A/'(0/530-'($-(/5$.+(/50
^ &0/530-'(3$-(/5?
&2G6=@4:52556C2=6?ETD64@?EC@=25624F6C5@2=2>6J4=2564@>3FDE:3=62:C64F2?5@D642>3:2=242C8256=>@E@C 6=G@=2?E6D64@?64E2=22=:>6?E24:V?
2DF7:? =2A2=2?4256D6=644:V?6DER6?=2A@D:4:V?I6=4@>AC6D@C56=6DER6?7F?4:@?2>:6?E@-2>3:S?D64@?EC@=25624F6C5@4@?6=?:G6=56
42C825FC2?E6=2@A6C24:V?564@?EC@=56AFC82
^ !+(.10'(+*/+&+0/
&2G6=@4:52556C2=6?ETD64@?EC@=25624F6C5@2=2>6J4=2564@>3FDE:3=62:C64F2?5@D642>3:2=242C8256=>@E@C &2
R?8F=@566?46?5:5@AF656C6E2C52CD692DE2Z@2G2?JV92DE2 ZA2C22IF52C24@?EC@=2C=2G6=@4:52556C2=6?ET
^ (-$&0/'+&+0/$'03'($+3('(-&0.13(403
&2F?:525564@?EC@=56=24@?5:4:@?25@C562:C6 6?GT2=2D6U2=567F?4:@?2>:6?E@56=24@?5:4:@?25@C562:C62=2.A2C22F>6?E2C=242?E:52556236CEFC256GR=GF=256
>2C:A@D24@?6=7:?566G:E2C=2C65F44:V?56=2G6=@4:52556=>@E@C4F2?5@6=4@>AC6D@C562:C624@?5:4:@?25@D66?4F6?EC26?7F?4:@?2>:6?E@6?C2=6?ET
^ $,$5(/4+A/
,:32;2E6?D:V?6D56E64E252A@C6=. =2G6=@4:52556C2=6?ET2F>6?E292DE2 CA>D6=64E:G2>6?E632;@6=>@5@564@?5F44:V?92DE2BF66=
:?E6CCFAE@C566?46?5:5@6DER2A2825@
'(&$-(/5$.+(/50'(&0/530-0/'+&+0/(4'(01(3$&+A/
*2C29246CBF66=4@?G6CE:5@C42E2=TE:4@2=42?46F?2E6>A6C2EFC2567F?4:@?2>:6?E@ 6=E:6>A@566?46?5:5@D6C6E2C525FC2?E62AC@H:>252>6?E6 D68F?5@D32;@=2D
4@?5:4:@?6DD:8F:6?E6D
^^$5(.1(3$563$'(-3()3+*(3$/5((4'( <;<&6$/'04($33$/&$(-.0503

$1$-$/&$4(-(&503$4((/&6(/53$(/-$104+&+A/0
56>RD =2G6=@4:52556C2=6?ET2F>6?E22 K CA>D:>F=ER?62>6?E6A@C6=4@?EC@=56=2G6=@4:52556C2=6?ET,:?6>32C8@ E2?AC@?E@4@>@=2
A2=2?42D6=64E@C2D656DA=2J22=2A@D:4:V? 42=6?E2?5@6=4@?EC@=56=4@?G6CE:5@C42E2=TE:4@D6CR:?9:3:5@&2:?7@C>24:V??646D2C:2A2C2==6G2C2423@
E2=4@?EC@=6D6=D:8F:6?E6
^^$5(.1(3$563$'(-3()3+*(3$/5('(-
^^.050331..$4$'(-$+3('(
^ $'.+4+A/
(&0/0&+(/'0(-(45$'0'(3$-(/5?104+&+A/
'(-$1$-$/&$4(-(&503$

'(3()3+*(3$&+A/'(&0/530-'(-7(/5+-$'03
(4&3+1&+A/*(/(3$-'(-7(/5+-$'03'(3()3+*(3$&+A/90.13(403
=D:DE6>256C67C:86C24:V?>2?E:6?6=2E6>A6C2EFC256=>@E@C2F??:G6=67:4:6?E65FC2?E6E@52D=2D4@?5:4:@?6D567F?4:@?2>:6?E@56=>@E@C&23@>32
5628F26HEC266=C67C:86C2?E656=C25:25@C=C67C:86C2?E64:C4F=26?E@?46D2EC2GSD5642>:D2D5628F26?6=3=@BF656=>@E@C 6=4@=64E@C5625>:D:V? I
=24236J256=4:=:?5C@F2?5@6=C67C:86C2?E62=42?J2=2E6>A6C2EFC2567F?4:@?2>:6?E@56=E6C>@DE2E@ D623C66=E6C>@DE2E@=C67C:86C2?E6I=F68@
C68C6D22=C25:25@C5@?56D66?7CT2=42=@C5642>3:@2FE@>RE:4@E2>3:S?D66?7CT22EC2GSD56=C25:25@CA@C4:C4F=24:V?56=246:E62EC2GSD56=23@>32
56246:E6"2I5@DG6?E:=25@C6D56C67C:86C24:V? 0 06?6=>@E@C56! .4@?EC@=2=@DG6?E:=25@C6D6=S4EC:4@D56C67C:86C24:V?4@?EC6D
C6=SD56G6?E:=25@C56C67C:86C24:V?A2C2>6;@C2C6=C6?5:>:6?E@56=A2C>@E@CI2:C624@?5:4:@?25@

0.10/(/5(4
-$13(4+A/'(-3()3+*(3$/5( !(.1(3$563$3()3(4&$/5(
.0503 &$,$'(3(->4(/(-.0503
4(/403 4(/403 " &0.1$35+.+(/50
&0.13(403 ()3+*(3$&+A/'(-.A'6-0'(7(/5+-$'03 4(/403!

'((/53$'$4$-+'$1$3$7(/5+-$'03'(3()3+*(3$&+A/90.13(403

7(/5+-$'03'(3()3+*(3$&+A/9'(&0/530-'(-&0.13(403
^ 0/'+&+0/(41$3$(-7(/5+-$'03'(3()3+*(3$&+A/
=>V5F=@56G6?E:=25@C56C67C:86C24:V?4@?EC@=26=C6=S56=G6?E:=25@C566?7C:2>:6?E@ C6=S562=E2G6=@4:525I6=C6=S5632;2G6=@4:525=G6?E:=25@C56
C67C:86C24:V?6D4@?EC@=252A@C=2D6C:6I4:C4F:E@DA2C2=6=@D
+/5(3361503 /)3+$.+(/50 -$13(4+A/'(-

!(.1(3$563$3()3(4&$/5(
'( 7(/5+-$'03 3()3+*(3$/5( &0.13(403
*!) E6>A6C2EFC256=C67C:86C2?E6 \

&) \E6>A]@@=2?E \
")& \E6>A]@@=2?E
AC6D:V?56
&)
C67C:86C2?E632C
E6>A6C2EFC256=C67C:86C2?E6 \
(
32C]+67C:86C2?E
")&
AC6D:V?
")& \E6>A]@@=2?E\
")& \E6>A]@@=2?E
) 4@CE6
^ &0.13(403&0/'+&+0/(4

&2E6>A6C2EFC256=C67C:86C2?E6>RD56\

AC@HD68F?5@D56DAFSD562CC2?42C6=>@E@CF2?5@=2

AC6D:V?56246=6C24:V?23CFAE2+67C:86C2?E6

) A@C5632;@56 <8_ 24@?E:?F24:V? D@3C6>RD56 <8_
) >RD56<8_ 24@?E:?F24:V? 6?6=D:8F:6?E6 <8_
^ -70-5$,('(4$-+'$'($&6(3'0&0/-$13(4+A/'(-3()3+*(3$/5(
&2E6?D:V?56D2=:5256=D6?D@C56AC6D:V?56=C67C:86C2?E66D56 /2 /4F2?5@=2AC6D:V?56=C67C:86C2?E66D
2<87_4@?)(
^ (3()3+*(3$&+A/'(&0/530-'(-7(/5+-$'03103-$5(.1(3$563$!
-$5(.1(3$563$'(-! $7(-0&+'$''(-7(/5+-$'03 %4(37$&+A/
>RD56 P ")&

'(&0/530-'(-+/.07+-+:$'03
#+4+A/*(/(3$-
=D:DE6>2:?>@G:=:J25@CAC@A@C4:@?2F?5:DA@D:E:G@4@?EC2C@3@25:4:@?2=2=G69T4F=@6?6=BF66DER:?DE2=25@I6G:E2BF6D62:?:4:25@A@C
A6CD@?2D?@2FE@C:J252D=EC2?DA@?565@C:?E68C25@6?=2==2G6I=2F?:525564@?EC@=56=>@E@CE:6?66=>:D>@4V5:8@F2?5@=2==2G656
4@?E24E@4@?6=EC2?DA@?565@C:?E68C25@D68:C22=2A@D:4:V?)( =2.?8:?6@?EC@=.?:E4@>ACF6326=4V5:8@564:7C25@56=24=2G6
I D:6D4@CC64E2 A6C>:E6BF66=G69T4F=@A2C22CC2?42C6=>@E@C
*2C2>RD56E2==6D 4@?DF=E66=42ATEF=@'

0.10/(/5(4
^ 0/'+&+0/(41$3$(-7(/5+-$'03'(3()3+*(3$&+A/
$/5(/$ 6$'30'(
+/.07+-+:$'03 +/4536.(/504
+/.07+-+:$'03
--$7(

"
$33$/&$3(-.0503

^ 130&(40'($130%$&+A/&-$7(
=8:C2C=2==2G6566?46?5:5@2=2A@D:4:V?)( D6DF>:?:DEC26?6C8T22'I=2..4@>F?:42CD64@?=2==2G656=:?>@G:=:J25@CA2C24@>AC@32C
D:D6EC2E2564V5:8@564:7C25@GR=:52,:6DGR=:5@ D6:?:4:2=2.A2C24@?EC@=2C6=>@E@CBF6244:@?26=:?E6CCFAE@C566?46?5:5@2=2A@D:4:V?
,-+-
=D:DE6>2E:6?6 D68F?5@D56E:6>A@566DA6C2GR=:52,:6=>@E@C?@2CC2?426?6DE6A6CT@5@ 6=AC@46D@562AC@324:V?4=2G65636
9246CD656?F6G@

&0/)+*63$&+A/
&0/)+*63$&+A/
0.%3( 6/&+A/
" .?:525564@?EC@=6=64ECV?:4@
!" .?:525564@?EC@=56EC2?D>:D:V?
.?:525565:C644:V?2D:DE:526=64ECV?:42
@5I@?EC@=>@F5F=6
,>2CE%6I>@F5F=6
(D:DE6>2D64@>F?:424@?=2DF?:5256D56=D:DE6>26?6=G69T4F=@,64@>A@?656*
(I
(5624F6C5@4@?=2G6=@4:52556
4@>F?:424:V?
*
(
(,%' F25C@56:?DECF>6?E@D ' 4@?64E@C5:D8?@DE:4*
(. ,I
,* -.
24@A=2>:6?E@ *,F?:52556C6D:DE6?4:2E6C>:?2=:?DE2=25@6?=2.I'

0/(8+A/0/(8+A/'(0.6/+&$&+A/
1$26(5('((.1$-.(4 -$.%3$'0 "%+&$&+A/
2;@6=7FD:3=6I42;256C6=SD6?6=G2?@
, 564@?5F4E@C6D56=A:D@&"
>@E@C
, 4@?5F4E@C6D56=A:D@+" ?6=:?E6C:@C56=8F2C5232CC@D56C649@
6ECRD564F25C@56:?DECF>6?E@D6=6>6?E@EC2?DG6CD2=
, 423=6DAC:?4:A2=
42C6?25@
6ECRD564F25C@56:?DECF>6?E@D6=6>6?E@EC2?DG6CD2=
, 423=6DAC:?4:A2=
42C6?25@
, 564@?5F4E@C6D56=A:D@&" 2;@56D82DE6AF6CE256=4@?5F4E@C

'((/53$'$4$-+'$1$3$-$&0.6/+&$&+A/

!"&#"&
(;61.1::<=06P;
&'&($%#%

&' '%

# "'%# &''%&%

"'#"&
9;Q:2?<12:<A<?2D

2@AL2@A.:=.1<2;9. 9;Q:2?<1205.@6@2D#'#
&
#
2@AL
F<;.6;32?6<?129/9<>B2120696;1?<@2;292@0.=29.A2?.91290<920A<? 2@A.:=.1<2;9.=.?21123B24<1290<:=.?A6:2;A<129:<A<?9.1<
129.0<:=.O.;A2
.2A6>B2A.1202?A6360.06P;@2367.2;9.=.?A26;32?6<?129.1<129
0<;1B0A<?=69.?

V
V ","!#'#%

&$+"
& ""
&%$+"
#)
2;2?.9 <;46AB1A<A.9::

0<;2;4.;05212?2:<9>B2
;05B?.A<A.9::
9AB?.A<A.9::
#2@</?BA<129 "!' *

*
C25N0B9<84

29=2@<129C25N0B9< "!' *

*
B?/84

<:/B@A6/92 62@29
.=.061.112912=P@6A<120<:/B@A6/92T
<A<? <A<?
'
!Q:2?<120696;1?<@?29.06P; <:=?2@6P;
12@=9.F.:62;A<A<A.900
16@=<@606P;129L?/<91292C.@ "
.D=<12? "!' =@
?=:
.D2@3B2?F<12A<?@6P;
!:
G
%#
%.92;AN
I
?=:
&6@A2:.12?23?642?.06P; %23?642?.1<=<?.4B. 06?0B9.06P;3<?F.1.
0.=.061.112?23?642?.;A2T
A6=<129B/?60.06P; /<:/.122;4?.;.72@1206?0B9.06P;3<?F.1.
.D0.=.061.112.026A2T
'B?/<0<:=?2@<?E?23?642?.06P;12A6=< 'B?/<0<:=?2@<??23?642?.1<=<?.4B.

& ""
&%$+"
#)
.:/6< A6=<123B;06<;.:62;A< #9.;A.A6=<120.:/6<

:.;B.9
%29.06P;12A?.;@:6@6P; =?6:2?<
@24B;1<

A2?02?<

0B.?A<

>B6;A<

@2DA<

.?05..A?L@
.7.12A?.;@32?2;06. <129< *
'6=< '6=<120<;A?<92920A?P;60<
:/?.4B2 A6=<123B;06<;.:62;A< A6=<561?LB960<
A6=<1216@0< A6=<1216.3?.4:.Q;60<?E
6?2006P; '6=< #6OP;E0?2:.992?.

.@6@A61.
K;4B9<1216?2006P; ;A2?6<?
H
DA2?6<? H
72=<@A2?6<? ?6C2A6=<12272 @B@=2;@6P;

<9.A6=<12B;6P;*
6;12=2;162;A2
72A6=<12C6C62;1. '6=<B?/.;6F.1<*
?2;< '6=<12/<:/. A6=<AL;12:
A6=<12?23B2?F< @6@A61<=<?C.0N<12A6=<12?23B2?F<
A6=<123?2;< %B21.129.;A2?. 2@0A
%B21.A?.@2?. 2@0A
?2;<12:.;< A6=<:20L;60<
&B@=2;@6P;&B@=2;@6P;129.;A2?. A292@0P=60<@ 0#52?@<;</6;.
&B@=2;@6P;A?.@2?. B9A6/?.F< B299252960<61.9
6?2 9?23?642?.;A20.=.061.1
% .
I
4
0<;1606<;.1<?
9M0A?60< '6=<12/.A2?N. .=.061.1)

0.=.061.112.??.;>B2)*
0.=.061.1129.9A2?;.1<?) )
#&)
!#&
<=06P;

(#&* (%"'&%#!"#&

&%$#"& $ %&($(&'#
9.@2120.961.1.026A212&@.;4E<;4.BAM;A60<:<A<?'<A.9$B.?AF
!"&*
&-&,*
<.026A2=?</.1<=<?
026A212:<A<?
162@29 U
T
&*
&@.;4E<;442;B6;.?23?642?.;A2
?23?642?.;A2129:<A<?
162@29 UT
.;A60<;429.;A2&,

.:/6<:.;B.91239B61<@ &@.;4E<;4.026A242;B6;< '* &5299<

C29<061.12@ UT
'* &
.@<12A?.;@32?2;06.1239B61<@ &@.;4E<;4.026A242;B6;<
* U
T
'&(*
*
&@.;4E<;4.026A242;B6;<&
026A272A?.@2?< * U
T

*
#
N>B61<123?2;<@ 2:/?.4B2 <:<29.026A2.BAM;A60<&@.;4E<;4?2>B2?61."'
&@.;4E<;4.026A242;B6;<'+%"!
N>B61<1216?2006P;.@6@A61. U
T '<A.9(@P9<2;0<;1606<;2@2DA?2:.@123?N<
(A69602@P9<9N>B61<@&@.;4E<;4.BAM;A60.@9B@<12=?<1B0A<@;<?20<:2;1.1<@=<1?N.0.B@.?1.O<@.9.B;61.1
.;A2;2?9.0.=.061.12@=206360.1.E296;A2?C.9<12@2?C606<

!"'"!"'#$%#%!#

#+, & '# +*#)#5' +) #!##5'
7,32'(),/75$'2 /(/(0(172'(),/7526(&2
A5($'(),/75$&,E1
0?
!$0%,$5&$'$
.0
(52$&257((/,17(59$/2'(
,5((/(0(172'(/),/752 6(59,&,2%$-26(9(5$
&21',&,21(6,03,$5
,17(59$/2'(6(59,&,2
&$'$ .0&$0%,$5&$'$
.0(52$&257((/,17(59$/2'(6(59,&,2
%$-2&21',&,21(66(9(5$6
#+, &
&#+#5'
(62 .*
,5(&21-8172'(/),/752 (03(5$785$'()81&,21$0,(172 > M
$3$&,'$'
$7(5,$/'(/1G&/(2 /80,1,2
7$0$D2 #
#";;
,17(5&22/(5
0$7(5,$/'(/7$148(
2/'(23/A67,&2
),&,(1&,$
$;7(03(5$785$'(785%,1$
M
$/2-$0,(172
,A0(752'(/$&$5&$6$'(/$785%,1$
+#+, & +) 6$0%/($785%2&2035(625 F
,A0(752'(/&2035(625
F
$/2-$0,(172
7,32'((1)5,$0,(172 ,5(7,325()5,*(5$'2

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

* !*#" *', !%-0

1

1
'!(*&#5'" ' *%
/6,67(0$'($'0,6,E13$5$
027252:
(67A(48,3$'2&2181&8(532'(0$5,326$48(,1&/8<(81$$/(7$67(&2/*$-26(&21752/$32581$
6(D$/(/B&75,&$3$5$&257$5/$(175$'$'($,5('($'0,6,E1$/02725&8$1'2(/,17(5583725'((1&(1','2(67A$3$*$'2/&2/(&725'($'0,6,E1&217,(1(/$
9A/98/$'(&21752/'(5(02/,12<(/6,67(0$'('2%/(38(5723$5$+$&(5/$785%8/(1&,$E37,0$/6(1625'( 6((1&8(175$(1/$3$57(683(5,25
,=48,(5'$'(/&2/(&725'($'0,6,E1<(/6(16253$5$81&21752/35(&,626((1&8(175$(1(//$'275$6(52'(/),/752'($,5($5$5('8&,5(/58,'2'(
$'0,6,E1<3$5$0(-25$5/$(),&,(1&,$'(/$$'0,6,E1(/92/80(1'(/),/752'($,5(6(+$,1&5(0(17$'2
(&)(' ', +
(% ,(* &#+#5'
6(/3$62'($,5('($'0,6,E1&8$1'2(/9$//(5(02/,12(67A
)81&,21$1'2/6(1625'( 3$5$0(',5/$35(6,E1</$
7(03(5$785$'(/$,5($35(6,E1(1785%2&2035(625(67A,167$/$'2(1
/$3$57(683(5,25,=48,(5'$'(/&2/(&725'($'0,6,E1
.2%.-% (',*(% * &(%#'( - *)( &*#)(+ %3,*#
(23(5$'()250$9$5,$%/('($&8(5'2&21/$&$5*$'(/
02725</$6530
2168/7((/&$3C78/2J21752/'(/2725K 2168/7((/&$3C78/2J21752/'(/2725K

+ '+(*%# ', %) %4-%&+ #*
6(16259(56,E1
2168/7((/&$3C78/2J21752/'(/2725K

#* ('$-',( %!#%,*( &(',$ #', *((% *
892/80(16(,1&5(0(17$</$(),&,(1&,$'(/$,5(48( 892/80(16(,1&5(0(17$</$(),&,(1&,$'((1)5,$0,(1726(0(-25$
)/8<(6(0(-25$

!.*&#& '2%1*0%*>. 20'%*(*%#%*>.
4<-:6),7: ;)41,)67516)4 N:85

:85

:85 N &
)<-:F) )8)+1,), 0 0:
)8)+1,),,-:-;-:>) 516=<7;
)+7::1-6<-,-)::)69=-+=)6,7-4
57<7:)::=44H
!-;7 3/
# !7,-:,-:-;74=+1H6 5

#-6;7:,-*)<-:F)
$-6;1H6,-.=6+176)51-6<7 B&
-4-+<:H61+)
$-58-:)<=:),-.=6+176)51-6<7 BN
75=61+)+1H6

:
'2%1*0%*>.
<3
#+#
.-+0),->1/-6+1) 8):<1:,-5):A7,-
57<7:841+),) $
)8)+1,),,-4)*)<-:F) &0
4)+)8)+1,),,-4)4<-:6),7: -4801 -4801
)5*1H-4,1D5-<:7,-4)874-),-+7::-)>1;<),-.:-6<-
4<-:6),7:
#-+)5*1H4)4H/1+),-:-/=4),7:@,-+76<:74>1;<)87;<-:17:
% #164H/1+) 764)4H/1+)
#=8-:>1;):4);+76,1+176-;,-4)*)<-:F)<-6;1H6
# 16/=6)
+7::1-6<-<-58-:)<=:)@#

#2'&'.20'%%*>.
&',#$#3'1<#
;-/I:-;-,-9=-4);+76-?176-;,-47;<-:516)4-;-;<E6*1-6
)8:-<),7; #147;<-:516)4-;-;<D6+7::7F,7;41581):47;7
:--584)A):4)*)<-:F)
1581-A)
41516):4)+7::7;1H67;=+1-,),+76=6+-81447,-)4)5*:-7
8)8-4,-412)@4=-/74)>):+76)/=)2)*767;)<1*1)
#-'&*%*>.&',#%#<&#&'3'.2*>.
O '&*1'.,#3'1-*.#,&',#$#3'1<#
1,)-4>74<)2--6<:--4<-:516)4,-4)*)<-:F) (
$-:516)4
4))*:)A),-:),-+)*4-;
"#,/1'20'%<(*%/ 87:,-*)27,-&
#147;<-:516)4-;-;<D6+7::7F,7;415817@>74>-:))8:-<):-447;
#1-48):,-)8:1-<--;8-+1.1+),767;-8=-,-5)6<-6-:
:--584)A):4))*:)A),-:)
'1-*.#,7-

$-:516)4
'1-*.#, 8-

O '&*1#,%#$,'#&/
-,1:4)<-6;1H6-6<:-+)*4-),7,-4)*)<-:F)@4)5);)
+)::7+-:F)
"#,/1'20'%<(*%/ 87:,-*)27,-&
#1-4>74<)2--;<D.=-:),-4>)47:-;8-+1.1+),7+758:=-*--48-:67,-
576<)2-,-+)*4-),78):)4)+7::7;1H6@4).472-,), #10)@=65)4
+76<)+<7,-*1,7)4)+7::7;1H674)816<=:)41581--4D:-),-+76<)+<7
@>=-4>)))8:-<):47
#$,'#&/0'1./&'-/.3#+'#-#2#&',#
%#11/%'1<#-
O #-'&*%*>.&',#3'.2*>.&',#$#3'1<#
!):):-457<7:@-;8-:): 516=<7; 1,)-4>74<)2--6<:-

-4<-:516)4@-4<-:516)4+76-416<-::=8<7:,-
-6+-6,1,7 @<7,7;47;,1;87;1<1>7;-4E+<:1+7;
"#,/1'20'%<(*%/ 5D;,- &

O #-'&*%*>.&',#%#<&#&'3'.2*>.'.31',<.'#2
-,1:4)+)F,),-<-6;1H6-6<:-)4<-:6),7:@,-4)*)<-:F)
"#,/1'20'%<(*%/ 87:,-*)27,-&
#1-4>)47:-;<D.=-:),-4>)47:-;8-+1.1+),7+758:7*):-4<-:516)4@4))*:)A),-:),-;74<=:)
O /-01/$#%*>.&',#,;-0#1#&'#5*2/&'%#1)#
8)/=-<7,7;47;,1;87;1<1>7;-4E+<:1+7;@876-:-416<-::=8<7:,--6+-6,1,7-6L M8:-)4-:<)
758:=-*-;14)4D58):),-)>1;7,-+):/);-)8)/)
#14)4=A,-)>1;7,-+):/)67;-)8)/)16;8-++176--4+1:+=1<7-4E+<:1+7 ::)69=--457<7:@
+758:=-*-;14)4=A,-)>1;7,-+):/)5)6<1-6-.=-:)

:/11*'.3'&'%#1)#
"-)41A):4)16;8-++1H6*D;1+)
O /.(*)41#%*>.&',/201/$#&/1'2
O 1'0#1#%*>.
76.1/=:):-4)58-:F5-<:7@=6>74<F5-<:7+757;-5=-;<:)
-64).1/=:)
;-/I:-;-,-+76.1/=:):-48:7*),7:5)6<-61-6,7;=874):1,),

O .20'%%*>.
::)69=--457<7:@-6+1-6,--4.):7-4;784),7:@-4)4)5*:-;-+)41-6<));=84-6)+):/) +76<16=)+1H65-,1:4)+7::1-6<-5D?15)
,-;)41,)>)47:,-5-,1+1H6#+=)6,7;-)+-4-:)-457<7:) :85
"#,/1'20'%<(*%/ ,-4)+7::1-6<-67516)44F51<-
)+7::1-6<-,-;)41,)678=-,-)4+)6A):-4>)47:4F51<-,-*1,7),1>-:;7;8):D5-<:7;,-)4<)<-58-:)<=:)7,-4)+):/)-<+ -4E+<:1+) !7:47
<)6<767:-)41+-4)16;8-++1H6+764)*)<-:F)+7584-<)5-6<-+):/),)
8)/=--4-6+-6,1,7,-;8=E;,-4)16;8-++1H6
-;+76-+<):-4+)*4-6-/)<1>7,-4)*)<-:F)@:-<1:-47;8:7*),7:-;)58-:F5-<:7@>74<F5-<:7
O 415#%#1#%3'1<23*%#2#,*&#&',#,3'1.#&/1

:')4,#%*>.&',#3'.2*>.
"-)41A):4)16;8-++1H6*D;1+)
O /.(*)41#%*>.&',/201/$#&/1'2
O 1'0#1#%*>.
76.1/=:):-4)58-:F5-<:7@=6>74<F5-<:7+757;-5=-;<:)-64)
.1/=:)
;-/I:-;-,-+76.1/=:):-48:7*),7:5)6<-61-6,7;=874):1,),
O .20'%%*>.
+<1>--4-6+-6,1,7@5-,1:4)<-6;1H6-6-4>74<F5-<:7
"#,/1'20'%<(*%/ 5D;,- &
::)69=--457<7:@)8)/=-<7,7;47;,1;87;1<1>7;-4E+<:1+7;
=5-6<):4)>-47+1,),,-457<7:) :85@5)6<-6-:4)>-47+1,), -,1:4)<-6;1H6+=)6,74)+7::1-6<-,-;)41,),-4)4<-:6),7:

,1;516=+1H687:,-*)27,-
"#,/1'20'%<(*%/ B&

:%/11*'.3'/2%41#
"-)41A):4)16;8-++1H6*D;1+)
4#.&/!2/&'4,3*3'23'1
O /.(*)41#%*>.&',01/$#&/1
O 1'0#1#%*>.
-;+76-+<):-4+)*4-6-/)<1>7,-4)*)<-:F) 76.1/=:):-4)58-:F5-<:7
+757;-5=-;<:)-64).1/=:))6<-:17:
76-+<-4);76,)LM8):)-4+)*4-),7,-<1-::)@LL;76,))4<-:516)4LM,-4)*)<-:F)
O .20'%%*>.
-,1:4)+7::1-6<-51-6<:);;-:-<1:)-4.=;1*4-)4)>-A #14)+7::1-6<-+)-*:=;+)5-6<-+=)6,7;-:-<1:)=6)+1-:<).=;1*4-16;8-++176):
-4+1:+=1<7).-+<),7
"#,/1'20'%<(*%/ )+76<16=)+1H6

%4#.&/2'42#
O /.(*)41#%*>.&',01/$#&/1
O 1'0#1#%*>.
-;+76-+<):-4+)*4-6-/)<1>7,-4)*)<-:F)
76.1/=:):-4)58-:F5-<:7@#+757;-5=-;<:)-64).1/=:)
)6<-:17:
;-/I:-;-,-+76.1/=:):-48:7*),7:5)6<-61-6,7;=874):1,),
76-+<):-4+)*4-6-/)<1>7)4)*)<-:F)
"#,/1'20'%<(*%/ )+76<16=)+1H6
-,1:4)+7::1-6<-51-6<:);;-:-<1:)-4.=;1*4-)4)>-A #14)
+7::1-6<-+)-*:=;+)5-6<-+=)6,7;-:-<1:)=6)+1-:<).=;1*4-
16;8-++176):-4+1:+=1<7).-+<),7

: 9
"-)41A):4)16;8-++1H6*D;1+)<7,7;47;,1;87;1<1>7;-4E+<:1+7;
01/$#&/1&',#$#3'1<#
%/.31/,&',#3'.2*>.2*.%#1)#
76-+<):=6)816A),-5-,1+1H6)LM
<-:516)4,-4)*)<-:F)-68:15-:4=/):)+76<16=)+1H6+76-+<):-4
7<:))4<-:516)4LM -;+76-+<):-4
)*:)A),-:);-6-47:,-616>-:;7
-)4)5-,1,)
5D;,-&):/7B&;-

"#,/1 :-9=1-:-+):/):)+76<16=)+1H6&=:)6<-
'20'%<(*%/ ,-;+):/),)-4:--584)A7,-4)*)<-:F)
:-9=1-:-

%/.31/,&',#3'.2*>.%/.%#1)#
58=2--416<-::=8<7:,-+):/)-6 ),1:-++1H6,-4).4-+0)

,1:-++1H6,=:)6<-5-67;,-;-/=6,7;
!):)1,-6<1.1+):4)+)8)+1,),,-4)*)<-:F)+76-4>)47:,-+)F,)
,-<-6;1H6&,-;+):/):4)+)8)+1,),,-+):/).12) 87:
=6+1-:<78-:F7,7;-/=6,7;
-)4)5-,1,)
B&:727=:)6<-,-;+):/),)
"#,/1 7,-.-+<=7;)B&
'20'%<(*%/ )5):1447):/)
B&
:-9=-:1,)):/7

/.&*%*/.'2&'1')4,#%*>.
O '23*)/&'%#1)#&',#,;-0#1#/.&*%*>.
76-+<):-4-6+-6,1,757<7:8):),7
+1:+=1<7)*1-:<77+7:<7+1:+=1<7,-+)*4-),7<-:516)4-4+1:+=1<716<-:67)*1-:<77+7:<7+1:+=1<7,-)4<-:6),7:+76<:74.127,-
&
+1:+=1<7)*1-:<77+7:<7+1:+=1<7,-+)*4-),7<-:516)4670)@;-G)4,-;)41,),-:-)415-6<)+1H6

*2'=/
/6 %,?23'1'3'1%#1)/ 2'.2/1&'$#3'1<#

! ,;-0#1#&'#&5'13'.%*#
,3'1.#&/1

!
O *23'-#&'&*#)1#-#
O 0'1#%*>.
;=8-:>1;)4);+):/);-4E+<:1+);@+76,1+176-;,-4)*)<-:F)@+76<:74)4)<-6;1H6,-5-27:):4)-.1+1-6+1)@-4)07::7,-+75*=;<1*4-,-
+):/),-4)*)<-:F)
#-6<-:516)4LM,-4)*)<-:F)-6>F)4)16.7:5)+1H6,-4)*)<-:F)<-6;1H6+7::1-6<-<-58-:)<=:)@
# )4)%,-457<7:+764)+75=61+)+1H6
%,-457<7:,);)41,))4)16.7:5)+1H6,-#@4):-/=4)+1H6,-4);-G)4,-+76<:74!',-)+=-:,7+764)
+76,1+176-;,-+):/),-457<7:)<-:516)4LM-64))4<-:6),7:
7<7:%+76<:74)4):-;1;<-6+1)5)/6E<1+)-6<:-4)*7*16),--;<)<7:@4)*7*16),-:7<7:5-,1)6<--4+76<:74,-4)+7::1-6<--64)*7*16),-4:7<7:
;-/I6-4>)47:,-<:)*)27,-!'
)<-6;1H6)4<-:6)16,=+1,)-64)*7*16),-4-;<)<7:;-+76>1-:<--6<-6;1H6+76<16=)87:-4:-+<1.1+),7: (#
,);)41,))4)<-6;1H6,-+):/))LM<-:516)4-6-4)4<-:6),7:

O ,>)*%#&'%/.31/,$;2*%#&'#%4'1&/%/.,#2%/.&*%*/.'2&'%/.&4%%*>.
7<7:%,-<-:516)4);+):/);,-457<7:,-)+=-:,7+76-4>74=5-6,-16@-++1H6,-+75*=;<1*4-@4)>-47+1,),,-457<7: #-+):/)4)*)<-:F)5-,1)6<--4
)=5-6<7,-4)<-6;1H6,-/-6-:)+1H6,=:)6<-4),-;)+-4-:)+1H6 !):)5-27:):4)-+7675F),-+75*=;<1*4-5-,1)6<-4):-,=++1H6,-4)+):/),-4)4<-:6),7:
,=:)6<-4))+-4-:)+1H6-457<7:%,1;516=@-4)<-6;1H6,-/-6-:)+1H6@+76;=5--4>74<)2-,-4)*)<-:F)
O ,(4.%*/.#-*'.3/&',#,;-0#1#&'#5*2/&'%#1)#
%+758:=-*)-4>74<)2-,-/-6-:)+1H6,-4);+76,1+176-;,-4)4<-:6),7:@,-+1:+=1<7@-6>F)4)4D58):),-),>-:<-6+1);-G)4 )4+4I;<-:5-<:7;<:)>E;
,-4)4F6-)

#%/-4.*%#%*>.04'&' '23*)/&'%#1)#&',#,;-0#1#
O "*2*>.&'%/.+4.3/
%,?23'1'3'1,;-0#1#&'
#5*2/&'%#1)#
4+4I;<-:5-<:7;:-+1*-4)4=A,-)>1;7,-+):/);7*:-4);-G)4,-%)<:)>E;,-4)4F6-)
'23*)/&'%#1)#&',#,;-0#1#2/$1',#2%/.&*%*/.'2&'
-8:-)>1;7
=)6,7;-:-4)+176)$-;<)*4-+-+1:+=1<7
)*1-:<77+7:<7+1:+=1<7-6-4)4<-:6),7:
O *#)1#-#&'%*1%4*3/

!

9 2)23%,!$%+:,/!1!
)23!&1.-3!+
-#5'3#-+/5'3.+5'/5'&'-#/5'30
-<.1#3#%*#3%0
-<.1#3#&'-#-<.1#3#3'1'5+&03
-<.1#3#&'-6:&'104+%+@/
%0/,6/50&'-(#30
#/5+/+'$-#&'-#/5'3#
)23!31!2%1!
'#-5#.0/5#&0
-6%'4&'(3'/0
0-#-6:&'(3'/0
-<.1#3#&'+/5'3.+5'/5'53#4'30
4')63+&#&&'-#-<.1#3#&'-3'(-'%503
6:53#4'3##/5+/'$-+/#
01+#&'
-#-6:&'1-#%#

:,/!1!$%#!"%8!
/5'3.+5'/5'
'-6:&'%#33'5'3#
-6:&'%36%'
#-6:&'
104+%+@/
$%+!-3%1!+:,/!1!
4$$+%%-&.04%48!-3)-)%"+! +:,/!1!)-3%1,)3%-3%+!3%1!+

/)+.3.231!2%1.2
6:&'(3'/#&09-#%0-#&'-#-<.1#3#
-6:#/5+/+'$-#53#4'3#
-<.1#3#&'%01+#&'4')63+&#&
-<.1#3#&'4'?#-&')+30
+!+48$%/+!#!
+3!+:,/!1!$%/!1!$!,.-3!$!
%(<#4+.#.-!+%1=- %(<#4+.2)-!+%1=-

)-3%1).1+:,/!1!
+:,/!1!$%+!'4!-3%1!
+:,/!1!$%(!")3!#)=-$%+&1%-3% +:,/!1!$%/!1!2.+

:,/!1!$%+2)3).$%#%-31.
+:,/!1!$%%04)/!*% +48$%#.13%2<!$%+!/4%13!

-3%114/3.1$%+!#.,/.2)#)=-$%+%04)/.
)1%##)=-1%,.3! -3%114/3.1,!1#(!/!1!$! )-3%114/3.1$%+!/4%13!$%+/!2!*%1.
)-3%114/3.1$%#.-31.+
)-3%114/3.1$%#.-31.+$%#14#%1.
)-3%114/3.1,4+3)&4-#)=-
/!-%+/1)-#)/!+)-&%1).1
#!,")!1
/4%13!$%+!4-)$!$)-3%114/3.1/1)-#)/!+7
)-3%114/3.1 )-3%114/3.1$%!$5%13%-#)!$%/%+)'1.
%2/%*.1%31.5)2.1%63%1).1
#.-*4-3.$%+")2%+ #!,")!1

2)%-3.$%+!-3%1.)-3%114/3.1$%!+!,"1%#!+%-3!$. 2)%-3.$%+!-3%1.)-3%114/3.1$%!+!,"1%#!+%-3!$. #.-2.+!%-%+3%#(.

#!,")!1
:,/!1!$%+2)3).$%#%-31.
#!,")!1
)-3%114/3.1$%+!+:,/!1!$%%04)/!*%
)-3%114/3.1/.13=-31!2%1.
!2)%-3.%+;#31)#.$%+#.-$4#3.1
#!,")!1 )-3%114/3.1$%+!/4%13!31!2%1! )-3%114/3.1$%+!/4%13!31!2%1!

$)!'1!,!%204%,:3)#./!1!%+#!"+%!$.7+! /!1!3.2%+;#31)#.2
)2/.2)#)=-!1-;2$%#!"+%!$.

+!24")#!#).-%2$%,.-3!*%$%$)2/.2)3)5.2%+;#31)#.2

.-%#3.124%+.7%,/!+,%!04%3%
C #.-%#3.1

C 4%+.
C /!04%3%$%%,/!+,%2

.-&)'41!#)=-$%#.,4-)#!#)=-
#5010-0)>#'45<7+/%6-#&#%0/'-4+45'.#&'%0.6/+%#%+@/26'%0/4+45''/9-%6#&30&'+/4536.'/5049
.@&6-0&'%0/530-&'-%6'3104'%0.6/+%#/#53#7=45#/509#-.+4.05+'.109'- !@&6-0'9
4'%0.6/+%#%0/'-%6#&30&'+/4536.'/5049#53#7=4&'
.-&)'41!#).-%2
!"1%5)!341!2 %-3)$. 4-#)=-
" -08"/+&#&&'0/530- 6/+&#&&'%0/530--08
"/+&#&&'&+3'%%+@/#4+45+&#'-'%53@/+%# 6/+&#&&'&+3'%%+@/#4+45+&##%%+0/#&04'-=%53+%#.'/5'
0&90/530-0&6-' .@&6-0&'%0/530-&'-#%#330%'3>#
@&6-0&'--#7'+/5'-+)'/5' .@&6-0&'--#7'+/5'-+)'/5'

)!'1!,!$%#!"+%!$.$%#.,4-)#!#)=-
/!04%3%$%%,/!+,%2 +!,"1!$. ")#!#)=-
&'%0/&6%503'4&'-1+40 #,0%#,#&'(64+$-'493'-='/'-%0.1#35+.+'/50&'-.0503

%0/&6%503'4&'-1+40 /'-+/5'3+03&'-)6#3&#$#3304&'3'%*0

%#$-'413+/%+1#- '53<4&'-%6#&30&'+/4536.'/504'-'.'/5053#/47'34#-%#3'/#&0

%#$-'413+/%+1#- '53<4&'-%6#&30&'+/4536.'/504'-'.'/5053#/47'34#-%#3'/#&0

&'%0/&6%503'4&'-1+40 #35'+/('3+03&'-#4+'/50&'-%0/&6%503&'-#/5'30&'3'%*0

68-+);+054-9+;)4,5:8)*)1--4;40,),-9-2D+:80+)9
*8(43*(9&7*1(&'1*3*,&9.;4)*1&'&9*7B&(43&39*1&(.D3(:&3)4
8*97&'&/&*3:3.)&)*8*1A(97.(&8
8*,E7*8*)*&5&,&7!*1.39*77:5947)**3(*3).)4=49748
.39*77:5947*8)*1&1@25&7&&39*8)*)*8(43*(9&74(43*(9&7*1(&'1*
3*,&9.;4)*1&'&9*7B&3(&84(4397&7.45&79*8)*8*2.(43):(947*8
5:*)*38*7)&C&)48
4)*/*(&*73.55=.25&(94*<(*8.;4&1488*3847*8=
7*1A8
G
$.8*+:3)*:3+:8.'1*7**251&>&714(43:3+:8.'1*6:*
9.*3**1&25*7&/*(477*(94$.:9.1.>&:3+:8.'1*)*2&=47
(&5&(.)&) 6:*1&
*85*(.+.(&(.D3 *1(42543*39*5:*)*8*7
+:*,4)&C&)44(&59:7&

8*,E7*8*)*6:*:3(43*(947*89@(43*(9&)4)*+472&
8*,:7&#*8:19&)48)*(43*<.D38:*1948*32&1
+:3(.43&2.*394
1)*8(43*(9&7:3(43*(947*6:.5&)4(43:3&(*77&):7&57*8.43*
-&(.&&'&/4&1&).7*((.D3*31&8.,:.*39*+.,:7&
:&3)4(439741)*9*38.D34)*(439.3:.)&))*19*72.3&1)*1
(43*(947(43:3574'&)47)*(.7(:.948(43*(9*1&843)&)*
574'&)47&1&9*72.3&1*3*11&)4)*12&>4"&7&:3(43*(947)*9.54
8*11&)4(43*(9&71&843)&&1&9*72.3&1&97&;A8)*1&,:/*74*3*1
9&5D3)*,42&)*1(&'1*&)4%*3,&(:.)&)4)*34)&C&7*1
&.81&2.*394)*148(&'1*838*79*1&843)&-&89&6:*148(439&(948
)*19*72.3&1(4251*9&2*39*
1.385*((.43&7*18.89*2&)*'418&)*&.7*&8*,E7*8*)*:8&7:3).8548.9.;4)*).&,3D89.(434:3574'&)47)*(.7(:.948

59+)*2-9>)2)3*8-9%!B
4257:*'*8.-&=(43*<.43*8+14/&84-*77:2'7*
4257:*'*1489*72.3&1*8=(43):(947*85&7&1&(47748.D3)*'.)4&+:,&8)**1*(97D1.944257:*'*148
9*72.3&1*8=(43):(947*85&7&(.7(:.94&'.*794
4257:*'**1&.81&2.*394)*1(&'1*=1&(&5&)*)&C48,7.*9&84)*9*7.474
4257:*'*8.1&85&79*8(43):(947&8)*1489*72.3&1*834*89@3*3(439&(94(43*1(:*754)*1;*-B(:144497&85&79*82*9@1.(&84257:*'*6:*1&5&79*)*
(43*<.D3&9.*77&9.*3*(439.3:.)&)(435*7348)*2439&/*=1&(&774(*7B&)*1;*-B(:144257:*'*6:*148(&'1*8*89A3(477*(9&2*39*(414(&)48

8*,E7*8*)*6:*148(&'1*8*89@3+.72*2*39*+./&)48&*;.9&7*1(439&(94(431&85&79*8)*1(:*754&+.1&)48=5.*>&8)*&19&9*25*7&9:7&9&1*8(424*1
(41*(947)**8(&5*=9:'48)**8(&5*
&85.*>&8,.7&947.&89&1*8(4241&541*&)*1;*39.1&)47=(477*&)*1;*39.1&)475&79*85*79:7'&9.;48=*1(&'1*&)48*)*'*3&8*,:7&7+.72*2*39*&.39*7;&1487*,:1&7*8

8*,:7&7*1(&'1*&)4*397*1&85&79*8+./&89&1*8(4241&(&774(*7B&)*1;*-B(:14=1&85&79*8;.'7&39*89&1*8(424*124947)*85:A8)*
&+14/&71.,*7&2*39*5&7&*;.9&76:*8*&)&C&)4

!B!
&8(&/&8)*+:8.'1*8=7*1A8(438.89*3*397*8(&/&82D):14)*(439741.39*,7&)4(&/&*31&6:*1487*1A8)*1.25.&5&7&'7.8&897&8*741:>&39.3.*'1&97&8*7&
51*,&)4)**85*/4 =(:*7345479D397&8*74*1942&(477.*39*)*'146:*4)*(&2'.4 %*89@3.39*,7&)487*1A8=1&(&/&)*+:8.'1*8*3*1
(425&79.2*394)*124947=1&(&/&)*+:8.'1*8.39*7.47
" $""#
+;),85,-
)1),-.;90*2-9-4-2<)4535:58
2)+)1),-.;90*2-904:-8058

!"$#
)1),-.;90*2-9,-2+536)8:030-4:5,-235:58
&(&/&)*7*1A8=+:8.'1*8*3*1;&34249478**3(:*397&*3*11&)4.>6:.*7)4)*1(425&79.2.*394)*12494717*1A)*1.25.&5&7&'7.8&87*1A)*'4(.3&*17*1A)*
1:>&39.3.*'1&7*1A)*1@25&7&)*(41&=*17*1A"%*89@3.3(1:.)48*3*1"1)*&1.2*39&(.D38*574547(.43&&97&;A8)*1&1B3*&)*%34547
:3+:8.'1**<97&
H )+)6)+0,),>-2453*8-,-.;90*2-9,-2+536)8:030-4:5,-235:58>-28-2D

H 5:58,-.;90*2-9,-2+536)8:030-4:5>2)+)1),-8-2D9"?" "?.8-2D,-)88)47;--29562),58!'
"A!!')4:0+54/-2)4:-8-2D

H 5:58,-.;90*2-9,-2+536)8:030-4:5>2)+)1),-8-2D9"?".8-2D#+)2-4:),58,-+53*;9:0*2-!'
(

H 5:58,-.;90*2-9,-2+536)8:030-4:5>+)1),-8-2D9%"?" ?.

8-2D6804+06)2!'
8-2D!'

H 5:58,-.;90*2-9,-2+536)8:030-4:5>2)+)1),-8-2D%. ?.
?. 5:58,-220360)6)8)*809)98-2D
!!'%#&!!'

04:-8058,-2)+)1),-.;90*2-9
&(&/&)*+:8.'1*8.39*7.47*89@8.9:&)4*3*11&)4.>6:.*7)4)*15&3*1)*.3897:2*3948"&7&*1.2.3&7*89&(&/&)*+:8.'1*8)*8(43*(9&7*1(&'1*&)457.3(.5&1*3
57.2*71:,&7
H )+)6)+0,),>-2453*8-,-2.;90*2-04:-8058>-28-2D

H +)1),-.;90*2-9>8-2D904:-8058 ?

H +)1),-.;90*2-9>8-2D9,-24:-8058
?

H +)1),-.;90*2-9>8-2D904:-8058-9 ?

H .;90*2-04:-8058>+)1),-8-2D9%?

5=
1(:&)74*89@.389&1&)4*31&5&79*97&8*7&)*15&3*1)*.3897:2*3948
H 096590+0F4,-259+54-+:58-9>8-2D9

85+-95,-.;4+054)30-4:56582).;-4:-,-)203-4:)+0F4
,-28-2D,-220360)6)8)*809)9:8)9-85
17*1A)*124947)*11.25.&5&7&'7.8&897&8*748**3(.*3)*(:&3)4*1.39*77:5947)*11.25.&5&7&'7.8&897&8*748**3(.*3)*(431&11&;*)**3(*3).)4*3! 89*7*1A8*
)*8&(9.;&(:&3)4*1.39*77:5947)*11.25.&5&7&'7.8&897&8*74*89@&5&,&)4&&1.2*39&(.D38*8:2.3.897&&1&34(43*(947&97&;A8)*1&$=34
8-2D,-2)2C36)8))4:040-*2):8)9-8)
&549*3(.&5&7&*17*1A)*1:>&39.3.*'1&97&8*7&8*8:2.3.897&&97&;A8)*1+:8.'1*)*2*247.&*31&(&/&)*(425&79.2.*394)*124947=*1+:8.'1*
34*3*1.39*7.47)*1&(&/&"89*7*1A*8(439741&)4! !5471&8*C&1)*+:3(.43&2.*394)*17*1A6:**89@(43*(9&)4(43*134)*1

H 54,0+054-9,-56-8)+0F4
&1:>97&8*7&&39.3.*'1&8**3(.*3)*(:&3)4*1.39*77:5947)*1&1@25&7&&39.3.*'1&97&8*7&8**3(.*3)*(43*1+&74*3(*3).)4*8)*(.7.39*77:5947)*.,3!
(9.;&3)4*1.39*77:5947)*1:>&39.3.*'1&97&8*7&)*3:*;4(:&3)48*&(9.;&*17*1A8*&5&,&1&1:>&39.3.*'1&&81:(*8&39.3.*'1&97&8*7&8348*
*3(.*3)*3(:&3)4*1.39*77:5947.,3*89@*31&548.(.D3!4*1.39*77:5947)*1&1:>*89@&5&,&)&
&1:>&39.3.*'1&97&8*7&34)*'**397&7)*3:*;4&:942@9.(&2*39*8.8*-&)*8&(9.;&)4547(:&16:.*72A94)46:*348*&*1.39*77:5947)*1&1@25&7&
&39.3.*'1&97&8*7&

,-28-2D,-62-/),5-96-15-=:-8058
&&1.2*39&(.D3)*17*1A*85*/451*,&'1**<9*7.478*8:2.3.897&&97&;A8)*1&34+:8.'1**3*1(:&)74)*(425&79.2.*394)*124947=*1
7*1A8*&((.43&5471&88*C&1*8)*45*7&(.D3)*8)**134=34)*1
H )56-8)+0F43)4;)2,-
15:18&7*18*1*(947 )*851.*,:*+:*7&)**85*/451*,&'1*(43 ! 148*85*/488*51.*,&34)*851.*,&3)*&(:*7)4(431&

548.(.D3)*1*85*/4&39*7.47$.*1*85*/4=&*89@51*,&)4&(439.3:&(.D3*1*85*/48*7@)*851*,&)&=;.(*;*78&89&45*7&(.D38*
7*&1.>&5&7&%
0/4 8-2D9
H )8)25935,-259+54"
&549*3(.&8:2.3.897&)&&97&;A8)*1+:8.'1*;&&1347*1A= 7*1A37&549*3(.&8:2.3.897&)&547*124947)*

&77&36:*;&&1.,37*97&382.9.734487*1A8 =.,384345*7&)485471&88*C&1*8574(*)*39*8)*134=34)*1&
$438:19*148)*9&11*8)*1$5&7&1&8(43).(.43*8)*45*7&(.D3

8-2D,-*5+04)
&549*3(.&5&7&*17*1A)*'4(.3&&39.774'48*8:2.3.897&&19*72.3&134&1&$'&9*7B&=*1+:8.'1*34*3*1.39*7.47)*
1&(&/&)*+:8.'1*8
17*1A*845*7&)45471&88*C&1*8)*8)**19*72.3&1)*34$*7*+.*7*3&(43).(.43*8"&7&).8:&).7&1481&)743*8)*1&8(43).(.43*8)*
+:3(.43&2.*394
,-2)6;-8:)659:-8058,-28-2D
&&1.2*39&(.D3)*17*1A)*5:*79&97&8*7&8*8:2.3.897&&1489*72.3&1*8)*1&34
=34&97&;A8)*1&$'&9*7B&=*1+:8.'1*34*3*1
.39*7.47)*1&(&/&)*+:8.'1*817*1A*845*7&)4*8)*(.7! !5471&8*C&1)*+:3(.43&2.*394)*1&9*72.3&1)*34
H +54,0+0F4,-,-9)+:0<)+0F4
8.3$
17*1A&'.*794*15479D397&8*748*&5&,&.32*).&9&2*39*)*85:A8)*1&5:*79&)*1(43):(947*89@'146:*&)448.1&;*14(.)&))*1;*-B(:14*8)*
02 -42@8):7&39*8:&(9.;&(.D3(43$

438:19*1&8*((.D3)*1&5:*79&5489*7.47)*15&7&1&8(43).(.43*8)*+:3(.43&2.*394

,-28-2D,-*257;-5,-2+)3*05
17*1A)*'146:*4)*(&2'.48*:9.1.>&*314824)*148(43 %=7*(.'**3*7,B&&97&;A8)*1&$=*1+:8.'1*34 *31&(&/&)*+:8.'1*8.39*7.47(43*1
543**3! $.1&8(43).(.43*8)*+:3(.43&2.*3948*(:251*3.39*77:5947)*1&1@25&7&)*5&7&)&! 8*8:2.3.897&1&*3*7,B&)*1&'&9*7B&&1&349*72.3&1
)*$.8*(:251*31&8(43).(.43*8)*124)4)**3,7&3&/**17*1A*845*7&)45471&88*C&1*8574(*)*39*8)*1349*72.3&1
)*1&5&1&3(&)*
;*14(.)&)*8
,-28-2D,-9)20,),--4-8/E)
&549*3(.&5&7&*17*1A)*942&)*(477.*39*8*8:2.3.897&&1&349*72.3&1)*
&97&;A8)*1&$'&9*7B&=*1+:8.'1*34*3*1.39*7.47)*1&(&/&
)*+:8.'1*817*1A8*(43*(9&&9.*77&&97&;A8)*1&34+:8.'1**31&(&/&)*+:8.'1*8.39*7.47=1:*,49*72.3&1*8)*1&34=34(:&3)41&
11&;*)**3(*3).)4*89@*31&548.(.D3

<9/-303-+-3J7
D./937 <9/-303-+-3J7 !,</;?+-3J7
A2;@6Q;;<:6;.9 ,
. ,.

*2;@6Q;123B;06<;.:62;A<
,$
*2:=2?.AB?.123B;06<;.:62;A< .I
*2:=2?.AB?.12.9:.02;.:62;A< .I
?20B2;06. !GJ!G
A?.;@=<;121<?
*2:=2?.AB?.12 .I
3B;06<;.:62;A<
#.E
5B:21.1
A2;@6Q;?2@6@A2;A2..9A.@ ,
#@6;)!#:<:2;<@#0<; *<1<@2.=.4.@6;9.99.C2A<1.@9.@=B2?A.@

<??62;A2<@0B?. )!#:<:2;<@ @2062??.;F2;29@B2P<
:<1<
2;=6;FA<1<@9<@=6;2@=.?.
".0.O1.12A2;@6Q; ,<:2;<@
$%+*
W -+;+-=/;H<=3-+<./0;/->/7-3+
D./937 <9/-303-+-3J7 !,</;?+-3J7
3?20B2;06.12?202=06Q;
J
#G
.;05<12/.;1. !GJ!G<:2;<@
:NA<1<12:<1B9.06Q; )!
6@A.;06. #<:M@9.?4<./62?A<

& ! $
3<=+>7-387+5
$<37 $
>7-3J7 -87

120<;A?<91296:=6.=.?./?6@.@ ;62/9.96:=6.=.?./?6@.@F.?.;129..0<=9.1.96:=6.=.?./?6@.@ % %
96:=6.=.?./?6@.@9.C.1<?..BA<:MA60..0<=9.1. % %
@2;@<?129BG.BA< 99BC6.96:=6.=.?./?6@.@.0<=9.1." $ % %
)2;@6/92.9.C29<061.112996:=6.=.?./?6@.@6;A2?:6A2;A2 % %
-6=2?120<;A?<9/.7<.9A< % %
12.92?A.12.C6@<1299.C2 9..1C2?A2;06.12.C6@<1299.C2 % E
?20<?1.A<?6<1299.C2122;02;161< % E
<;A?<9129..9.?:.2EA2?;. E %
B;06Q;.;A6 /9<>B2<0B.;1<9..=2?AB?.129.=B2?A. % %
0<;A?<9129.9M:=.?.*.69 9M:=.?.120<9.@</?29..92?A. % %
C6@B.96G.06Q;12.1C2?A2;06.9M:=.?.2EA2?;. E %
".0<9.129.9M:=.?.%.BA<:MA60< % %
=B2?A.2;A?2./62?A.12.92?A. 42@A6Q;122@A.1<129.=B2?A. E %
&B2?A.2;A?2./62?A.12.92?A. % %
0<;A?<9129.06;A.12.@62;A< 9..1C2?A2;06.12906;AB?Q;12@24B?61.1 % %
(20<?1.A<?6<1206;AB?Q;12@24B?61.1 % %
.1C2?A2;06.*205<0<??216G< 0<;A?<912.1C2?A2;06.A205<@<9.? % %
C6@B.96G.06Q;12.1C2?A2;06.A205<@<9.? E %
@.9.120<;A?<9129.9M:=.?. 9M:=.?.129.@.9.129.=B2?A..0<=9.1.F120<;A?<912?24B9.06Q; % %
).9.120<;A?<9129.9M:=.?.% % %
).9.120<;A?<9129.9M:=.?.12C6@B.96G.06Q; E %
69B:6;.06Q;129.A209..4B72?< 69B:6;.06Q;.4B72?<!2F % E
0<;A?<9.?
12@2:=.P.1<?.9.:/?20.92;A.1< A2:=<?6G.1<?12@2:=.P.1<?129.;A2?< % %
0<;A?<9.?
A2:=<?6G.1<?12@2:=.P.1<?A?.@2?< % %

$<37 $
>7-3J7 -87

0<;A?<9122;A?.1.@6; *?.;@:6@<? % E
99.C2
(202=A<? % E
02??.1B?.129.=B2?A.?2:<A. % E
.=2?AB?.?2:<A.12=B2?A.@ % E
=M;60<?2:<A< % E
2@=BN@12@24B;1<@12?2A.?1<02??.1B?.129.=B2?A..BA<:MA60. % E
02??.1B?.129.=B2?A. 9<>B2.?12@/9<>B2.?290<;A?<912:.;1<129. % %

0<;A?<91212@/9<>B2< 02??.1B?.
9<>B2<120<;A?<912@/9<>B2.?9.02??.1B?.129.=B2?A.02;A?.9 % %
120<;:BA.06Q;
9<>B2.?12@/9<>B2.?290<;A?<9129.@2P.9(!) % E
9<>B2<120<;A?<912@/9<>B2.?9.)!#(!)120<;A?<9 E %
9<>B2.?12@/9<>B2.?290<;A?<9122;A?.1.=.@6C.)!# E %
02??.1B?.129.=B2?A.120<;A?<9.BA<:MA60< % %
0<;A?<9129.=B2?A..BA<:MA60.1212@/9<>B2<@2P.91205<>B2 % %
.9.?:.12=M;60< &M;60<120<;A?<912.9.?:.=<?9.@2P.912(!) % E
&M;60<120<;A?<912.9.?:.=<?)!#(!)% E %
0<;A?<9129<@3.?<@ <:6;4 5<:2 9BG120<;A?<9 % %

2@0<9A.
/?6?9.0<:=B2?A.A?.@2?../62?A.120<;A?<9120<;A?<9129.=B2?A.=<@A2?6<?2;#@6;)!# % E
&B2?A.=<@A2?6<?0<;A?<9./62?A<2;#0<; E %
)!#

$<37 $
>7-3J7 -87

0<;A?<91216@B.@6Q; (</< 0<;A?<912:<1<12.;A6??</<2;290<;A?<9 % E
(</<120<;A?<912:<1<1216@B.@6Q;2;#6;A29642;A2@ E %
12=<A2;06.12?2A.?1<12A62:=< 0<;A?<9129.C2;A.;.122;2?4O.12@3.@2A2:=<?.9 % %
0<;A?<9129.C2;A.;.
@B2P<)6@A2:.12=<A2;06. 0<;A?<912:<1<12@B@=2;@6Q;122;2?4O.129@6@A2:. % %
:<1<
9.@52?=.?=.12.;1< 0<;A?<912@2P.91246?<" % %
3B;06Q;
0<;A?<912@2P.91246?<( % %
1C2?A2;06.120<;A?<9126;A2??B=A<?129.@9B02@122:2?42;06. % %
:.;1<129<@6;A2?:6A2;A2@9B02@122:2?42;06. E E
=2964?<12:.;1<129.@9B02@12.C6@<.BA<:MA60< % %
:.;1<129.@9B02@12.1C2?A2;06.12=2964?<122:2?42;06.7B;A< % %
0<;)
(".FA6:2(B;;6;4 (".FA6:2(B;;6;4"645A120<;A?<9 E E
<;A?<9129BG
0<;A?<9129.9M:=.?.$62/9. 0<;A?<9129.9M:=.?.$62/9. % %
129BG.BA<:MA60< <;A?<9129BG.BA<:MA60< % %
0<;A?<9" $
9.3B;06Q;126;:<C696G.06Q; 0<16360.06Q;1209.C2F9.@6;0?<;6G.06Q; % E
(2A< % E
$6;3<?:.06Q; % E
@=27<=924.1<12@=924.1< 0<;A?<912=924.1<12@=924.1< % %

0<;A?<9.?
=924./92BA<0<;A?<91212@=9624B2 % %
==?<.0505.?0< ==?<.0505.?0<0<;A?<9129.9M:=.?.2;#@6;)!# % E
0<;A?<9129.9M:=.?.
==?<.0505.?0<0<;A?<9129.9M:=.?.2;#0<;)!# E %
)!#GB:/.1<?12.1C2?A2;06. )!#.1C2?A2;06.120<;A?<912GB:/.1<? E %
0<;A?<9.?
3B;06Q;6.4;Q@A60< % %

"# "$!$
6+7.8./5+<5>-/<./+.?/;=/7-3+./9/531;8.//6/;1/7-3+7=/;38;
8;;3/7=/
87.3-3J7./><8 87.3-3J7./><8
)6;<@2?206/29.@2P.9123?2;.1<122:2?42;06.9.9B02@12 )6;<@2?206/29.@2P.9123?2;.1<122:2?42;06.9.9B02@12
2:2?42;06.=.?=.12.C202@@24B;1<1B?.;A2 @24B;1<@

2:2?42;06.=.?=.12.C202@@24B;1<1B?.;A2 @24B;1<@
9;38;3.+../5+89/;+-3J7
"BG6;A2?:6A2;A212.1C2?A2;06.12=2964?<6;A2??B=A<?U93?2;.1<12
2:2?42;06.@2P.9U6;A2?:6A2;A2@12.1C2?A2;06.12=2964?<12
2:2?42;06.U.BA<:MA60.:B9A63B;06Q;
9BG6;A2?:6A2;A212.1C2?A2;06.
-87.3-387/<././<+-=3?+-3J7 -87.3-387/<././<+-=3?+-3J7

,B29C2.93B;06<;.:62;A<;<?:.912@=BN@12=.?=.12.?C202@
".C29<061.1129C25O0B9<2@@B=2?6<?.8:50B.;1<@2?206/29.@2P.9
@24B;1< 123?2;.1<122:2?42;06..0A6C.1..B;.C29<061.1128:5<:2;<@

)212@.0A6C.0B.;1<9..1C2?A2;06.12=2964?<6;A2??B=A<?129<@
>B2.B:2;A.9.C29<061.1129C25O0B9<:M@>B2 8:5=<?2;06:.12
6;A2?:6A2;A2@@2=B9@.B;.C2G1B?.;A29.<=2?.06Q;=<?9.@2P.912 9.C29<061.10B.;1<@2?206/29.@2P.91B?.;A2293B;06<;.:62;A<=<?
3?2;.1<122:2?42;06. =2964?<*B?;2:2?42;06.@2P.9123?2;.1<122:2?42;06.6;A2?:6A2;A2@12
.=.4.?1B?.;A29.<=2?.06Q;=<?9.@2P.9123?2;.1<122:2?42;06.
2@.0A6C..BA<:MA60.:2;A212@=BN@12 @24B;1<@@69<@.?AO0B9<@F
.;A2?6<?2@;<@20B:=92;1B?.;A29.<=2?.06Q;=<?9.@2P.9123?2;.1<12
2:2?42;06.)6:B9A6 3B;06Q;12?62@4<.BA<:MA60.129.@2P.9129BG
6;A2?:6A2;A212.1C2?A2;06.@2?206/21B?.;A29.<=2?.06Q;=<?9.@2P.912
3?2;.1<122:2?42;06.>B2@2?M;?22:=9.G.1<@

;/-8;.+=8;38./5-37=>;J7./</1>;3.+.$#
7=/;38; 8;;3/7=/
)62906;AB?Q;12@24B?61.10<;1B0A<?;<2@AM./?<05.1<0<;296;A2??B=A<?12 )62906;AB?Q;12@24B?61.10<;1B0A<?;<2@AM./?<05.1<0<;296;A2??B=A<?12
2;02;161<%$:<A<?2;:.?05.F9.C29<061.1129C25O0B9<@B=2?6<?. 8: 2;02;161<%$:<A<?2;:.?05.F9.C29<061.1129C25O0B9<@B=2?6<?.8:
5@2.0A6C.29?20<?1.A<?6<1206;AB?Q;12@24B?61.1
5@2.0A6C.29?20<?1.A<?6<1206;AB?Q;12@24B?61.1
12:M@.=2@.?12>B29.C29<061.1129C25O0B9<@2?21B02.=<?12/.7<12 12:M@@629?20<?1.A<?6<1206;AB?Q;12@24B?61.1@2.0A6C..9.C29<061.112
8:512@=BN@129?20<?1.A<?6<@2.0A6C..B;.C29<061.112 8:5< 8:5<@B=2?6<?F9.C29<061.1@2?21B02.=<?12/.7<128:512;A?<12
@B=2?6<?=2?:.;202?M.0A6C.1<
9<@:6;BA<@29@<;61<129GB:/.1<?6;A2?6<?@212A62;2
9GB:/.1<?@B2;.
1B?.;A2:6;BA<@12;B2C<0B.;1<9.C29<061.12@128:5<@B=2?6<?

$#"E )& ! $

#:Q1B9<120<;A?<91290B2?=<0<;A?<9.292>B6=<29N0A?60<2;290B2?=<120<052F2;CO.9.@@2P.92@120<;A?<9F.C6@<129.@64B62;A2
:.;2?.
%+,5+
3<=+ >7-3J7 3<=+ >7-3J7
0<;A?<912996:=6.1<? 0<;A?<912.=2?AB?.129=<?AQ;A?.@2?<
4;606Q;12.92?A.12.C6@<1299.C2 ;A6??</<
290<;A?<9129.@9B02@A?.@2?.@ 16206@N6@ 0<;A?<9129.C2;A.;.122;2?4O.12@3.@2A2:=<?.9
&B2?A.2;A?2./62?A.12.92?A. 29:<1<12)B@=2;@6Q;)6@A2:.
120<;A?<912906;AB?Q;12@24B?61.1 3B;06Q;129BG6;A2?:6A2;A2
.1C2?A2;06.A205<@<9.? 0<;A?<912("9M:=.?.16B?;.
).9.120<;A?<9129.9M:=.?. 0<;A?<9129.9M:=.?.$62/9.
0<;A?<91269B:6;.06Q;.4B72?<!2F <;A?<9129BG.BA<:MA60<" $
290<;A?<912912@2:=.P.1<? 9.3B;06Q;126;:<C696G.06Q;
9.3B;06Q;122;A?.1.@6;99.C2 3B;06Q;12=924.1<12@=924.1<
02??.1B?.129.=B2?A.0<;A?<91212@/9<>B2< ==?<.0505.?0<0<;A?<9129.9M:=.?.
.9.?:.12=M;60< )!#.1C2?A2;06.120<;A?<912GB:/.1<?
0<;A?<9129<@3.?<@2@0<9A. 3B;06Q;1216.4;Q@A60<

87=;85./53693+9+;+,;3<+<
73/,5+53693+9+;+,;3<+<B+;+7./5++-895+.+53693+9+;+,;3<+<./5+7=/;8
W 73/,5+53693+9+;+,;3<+<

B.;1<296;A2??B=A<?:B9A63B;06Q;@25.0246?.?1B?.;A2:M@12 @24B;1<@=.?..0A6C.?29:<1<12;62/9.0<; $ %$29?29N1296:=6.=.?./?6@.@@2
.0A6C.12@=BN@12 @24B;1<@
)212@.0A6C.0B.;1<29:<A<?12996:=6.=.?./?6@.@2@AM2;9.=<@606Q;122@A.06<;.:62;A<

)6/62;2996:=6.1<?3B;06<;...9A.C29<061.10B.;1<@2?206/29.@2P.91296;A2??B=A<?129.;62/9.>B2<=2?../.7.C29<061.1@6296;A2??B=A<?@2
12CB29C2.@B=<@606Q;12=.?A61.
W 5+?+.8;+4>7=8./5+7=/./553693+9+;+,;3<+<

B.;1<@2:.;A62;2296;A2??B=A<?3?<;A.99.C.1<?.2;9.=<@606Q;%$1B?.;A2:M@12@24B;1<@0<; $%$29?29N1296:=6.=.?./?6@.@@2.0A6C.
@24B;1<@12@=BN@
996:=6.=.?./?6@.@@212A62;212@=BN@12A?2@A<.996A.@:M@12@12>B2296;A2??B=A<?129..?.;129.2@AM2;9.=<@606Q;%

B.;1<@2:.;A62;2296;A2??B=A<?3?<;A.99.C.1<?.2;=<@606Q;%$1B?.;A2 .@24B;1<@1B?.;A2293B;06<;.:62;A<12996:=6.=.?./?6@.@=<?296;A2??B=A<?129
96:=6.=.?./?6@.@6;A2?:6A2;A2.BA<:MA60<2996:=6.=.?./?6@.@3B;06<;.?M@Q9<B;.C2G
B.;1<@2:.;A62;2296;A2??B=A<?129..?.;129.1B?.;A2:M@12
@24B;1<@29?29N1296:=6.=.?./?6@.@@2.0A6C.@24B;1<@12@=BN@
996:=6.=.?./?6@.@@212A62;212@=BN@12A?2@A<.996A.@:M@12@12>B2296;A2??B=A<?129.
.?.;129.2@AM2;9.=<@606Q;%
W -87=;85./68=8;+;+7./5+98<=/;38;

92;02;12?296;A2??B=A<?1299.C.1<?A?.@2?<0<;9.99.C26;@2?A.1.F $%$299O>B61<129.C.1<@2=B9C2?6G.29=.;293.@06.
9.A2?.9

)6@2?206/29..?.;129.129.;A2?.<9.@2P.91296;A2??B=A<?9.C.1<?..BA<:MA60.1B?.;A29.<=2?.06Q;1296;A2??B=A<?1299.C.1<?A?.@2?<29:<A<?@2
12A62;2.?.;129.F9..?.;129.3?<;A.9<:<A<?9.C.1<?..BA<:MA60.0<:62;G..<=2?.?

W 53693+9+;+,;3<+<5+?+.8;++>=86F=3-++-895+.+

92;02;12?296;A2??B=A<?129.C.1<?..BA<:MA60.0<; $%$F96:=6.=.?./?6@.@6;A2?:6A2;A2.BA<:MA60<6;A2??B=A<?299O>B61<129.C.1<@2=B9C2?6G.@</?229
0?6@A.9129=.?./?6@.@1B?.;A2@24B;1<@F9<@96:=6.=.?./?6@.@3B;06<;.;C202@
2@=BN@122;A<;02@.1606<;.9:2;A2299O>B61<129.C.1<@2=B9C2?6G.
1B?.;A2 @24B;1<@F9<@96:=6.=.?./?6@.@3B;06<;.;C202@12;B2C<

".@2P.91296;A2??B=A<?129.C.1<?..BA<:MA60.@2.;B9.1B?.;A296:=6.=.?./?6@.@@2;@6/92.9.C29<061.16;A2?:6A2;A296:=6.=.?./?6@.@.0<=9.1<9.C.1<?.<
3B;06<;.:62;A<12996:=6.=.?./?6@.@9.C.1<?..BA<:MA60..0<=9.1.

946?.?296;A2??B=A<?12996:=6.=.?./?6@.@.9.=<@606Q;+*%1B?.;A29.<=2?.06Q;129.9.C.1<?..BA<:MA60.9.9.C.1<?..BA<:MA60.@212A62;2@B
3B;06<;.:62;A<F@26;606.?M29:<1<12/.??61<6;A2?:6A2;A2.BA<:MA60<
".@2P.91296;A2??B=A<?129..?.;129.129.;A2?.FA?.@2?.@<;.;B9.1<@

1B?.;A29.<=2?.06Q;129.9.C.1<?..BA<:MA60.

W $/7<8;./55>?3+53693+9+;+,;3<+<+-895+.8

16@=<@606Q;129@6@A2:.

29?20<;<06:62;A<F<=2?.06Q;121.A<@
=3/698./;/-878-363/7=8./.+=8<
9@6@A2:.?2.96G.9.0<:B;60.06Q;" $6;12=2;162;A2:2;A2129.@0<;1606<;2@1296:=6.=.?./?6@.@F296;A2??B=A<?129.9BG0B.;1<296;A2??B=A<?122;02;161<2@AM
2;9.=<@606Q;%$
)6296;A2??B=A<?12996:=6.=.?./?6@.@6;A2?:6A2;A2.BA<:MA60<@22;0B2;A?.2;+*%F296;A2??B=A<?129.9BG2@AM2;9.=<@606Q;+*%29
@6@A2:.1296:=6.=.?./?6@.@3B;06<;.12.0B2?1<0<;9<@1.A<@" $
"<@1.A<@?206/61<@12@1229@2;@<?1299BC6.@2?20<;<02=<?C202@0<;@20BA6C.@
!9/;+-3J7+5;/-878-/;.+=8<
)6;1.A<@96:=6.1<?12/.7..9A.?29N%
9.@2P.912/.7.C29<061.1/.7<?29N%$%$1B?.;A2.9:2;<@B;0609<=2?<12.9A.?29N%.9A.@2P.912C29<061.1.9A.?29N
%$%$1B?.;A2.9:2;<@B;0609<=2?</.7<?29N%".@2P.91296;A2??B=A<?129.C.1<?.2@AM.;B9.1<@1B?.;A229
3B;06<;.:62;A<0<;A6;B<122996:=6.=.?./?6@.@
".C.1<?..0<=9.1<3B;06Q;1296:=6.=.?./?6@.@@Q9<2@AM16@=<;6/921B?.;A229
3B;06<;.:62;A<6;A2?:6A2;A2

W "8@/;>9;/-8;.+=8;38./553693+9+;+,;3<+<

)6296;A2??B=A<?12996:=6.=.?./?6@.@6;A2?:6A2;A2.BA<:MA60<2@AM2;9.=<@606Q;%$29:<A<?12996:=6.=.?./?6@.@;<3B;06<;..B;0B.;1<@22;062;1229
6;A2??B=A<?122;02;161<.%$12@129.=<@606Q;%

946?.?296;A2??B=A<?12996:=6.=.?./?6@.@6;A2?:6A2;A2.BA<:MA60<2;%$12@129.=<@606Q;%0<; $%$9<@96:=6.=.?./?6@.@3B;06<;.;B;.C2G./.7.
C29<061.16;606.9:2;A26;12=2;162;A2:2;A2129.0<:B;60.06Q;0<;29@2;@<?1299BC6.
2@=BN@122@<9<@96:=6.=.?./?6@.@3B;06<;.;B;.C2G./.7.C29<061.1@Q9<
0B.;1<29@2;@<?1299BC6.12A20A.29@.9=60.12?<9.1<

W +?+.8;+./53693+9+;+,;3<+<+-895+.8/7/568.8././=/--3J7./55>?3+

B.;1<@2?206/29.@2P.91296;A2??B=A<?129.9.C.1<?.1B?.;A2293B;06<;.:62;A<6;A2?:6A2;A27B;A<0<;@2;@<?1299BC6.0<; $%$F293B;06<;.:62;A<129
6;A2??B=A<?.?.;129.6;A2?:6A2;A2.BA<:MA60<9<@96:=6.=.?./?6@.@3B;06<;.;2;29:<1<12.?.;129..0<=9.1.6;12=2;162;A2:2;A2129.0<:B;60.06Q;0<;29
@2;@<?1299BC6.
)6;2:/.?4<@6@2?206/29.@2P.91296;A2??B=A<?129..?.;129.129?29N.?.;129.@2.0A6C.F29?29N1296:=6.=.?./?6@.@=2?:.;202.0A6C.1<
0B.;1<9<@1.A<@7B;A<0<;@2;@<?1299BC6.6;160.3B;06<;.:62;A<12996:=6.=.?./?6@.@0<;A6;B.

=2@.?12>B229@6@A2:.12/.??61<12996:=6.=.?./?6@.@2@AM2;29:<1<129.C.1<.0<=9.1.9<@1.A<@123B;06<;.:62;A<@22;CO.;.9.99BC6.129@2;@<?
W 4><=/./</7<3,353.+.53693/C+37<=+7=F7/+

B.;1<296;A2??B=A<?120<;A?<912C29<061.112/.??61<@246?..?M=61.0<;64;%$6;A2??B=A<?12996:=6.=.?./?6@.@6;A2?:6A2;A2.BA<:MA60<2;%$A<=212=<@606Q;
F1296:=6.=.?./?6@.@:<A<?=<@606Q;122@A.06<;.:62;A<29:<A<?12996:=6.=.?./?6@.@3B;06<;.B;0609<./.7.C29<061.1
)Q9<0B.;1<29@2;@<?1299BC6.12A20A.9.@4<A.@1299BC6.
)6296;A2??B=A<?120<;A?<912C29<061.112/.??61<@20.:/6.:M@122A.=.@12;A?<12@24B;1<@29:<A<?12996:=6.=.?./?6@.@3B;06<;.@<9.:2;A2B;0609<

W 6G=8.8./9;8-/<+63/7=8./</I+5./+9+;-+63/7=8./553693+9+;+,;3<+<+78;6+5

9@6@A2:.1296:=6.=.?./?6@.@2;CO.0<;A6;B.:2;A29.@2P.9=.?.292@A.1<.0AB.90B.;1<29A2?:6;.912.=.?0.:62;A<12996:=6.=.?./?6@.@2@AM2;0<?A<06?0B6A<.A62??.
0<;64;%$F6;A2??B=A<?12996:=6.=.?./?6@.@6;A2?:6A2;A22;9.=<@606Q;%$
9:<A<?12996:=6.=.?./?6@.@@22720BA.@Q9<0B.;1<29@2;@<?1299BC6.?2>B62?229
3B;06<;.:62;A<12996:=6.=.?./?6@.@

B.;1<29A2?:6;.912.=.?0.:62;A<2@AM2;0<?A<.9=<12?0<;64;%$F6;A2??B=A<?12996:=6.=.?./?6@.@6;A2?:6A2;A22;9.=<@606Q;%$29@6@A2:.12
96:=6.=.?./?6@.@2;CO.9.@2P.9=.?.292@A.1<.0AB.91296:=62G.1B?.;A2@24B;1<@
2@=BN@122@<@22;CO.9.@2P.9120<??62;A20<;A6;B.=.?.292@A.1<12
2@A.06<;.:62;A<
9:<A<?12996:=6.=.?./?6@.@@22720BA.@Q9<0B.;1<29@2;@<?1299BC6.?2>B62?2293B;06<;.:62;A<12996:=6.=.?./?6@.@

W 6G=8.8./9;8-/<+63/7=898;/56+50>7-387+63/7=8./5</7<8;./55>?3+

)629#@2?206/29.@2P.912:.93B;06<;.:62;A<129@2;@<?129.B;61.112@2;@<?1299BC6..946?.?296;A2??B=A<?120<;A?<912C29<061.112/.??61<12
122A.=.@0<; $%$F6;A2??B=A<?12996:=6.=.?./?6@.@6;A2?:6A2;A2.BA<:MA60<2;9.=<@606Q;%$29:<A<?12996:=6.=.?./?6@.@3B;06<;.B;0609<.
/.7.C29<061.1

)629#@2?206/29.@2P.9122??<?120<:B;60.06Q;129.B;61.112@2;@<?1299BC6..946?.?296;A2??B=A<?120<;A?<912C29<061.112/.??61<1212
2A.=.@0<; $%$F6;A2??B=A<?12996:=6.=.?./?6@.@6;A2?:6A2;A2.BA<:MA60<2;9.=<@606Q;%$29:<A<?12996:=6.=.?./?6@.@3B;06<;.B;0609<.
/.7.C29<061.1

W $/7<3,5/+5+?/58-3.+../553693+9+;+,;3<+<37=/;63=/7=/
9#@6;@2;@<?1299BC6.3B;06<;.2996:=6.1<?129.@64B62;A2:.;2?.

946?.?9.99.C2120<;A.0A<2;%$12@129.=<@606Q;%0<;296;A2??B=A<?12996:=6.=.?./?6@.@6;A2?:6A2;A22;9.=<@606Q;%$9<@96:=6.=.?./?6@.@
;<3B;06<;.;

946?.?296;A2??B=A<?12996:=6.=.?./?6@.@2;%$12@129.=<@606Q;%12@=BN@1246?.?9.99.C2122;02;161<.9.=<@606Q;%$9<@96:=6.=.?./?6@.@<=2?.;B;
0609<

0609<123B;06<;.:62;A<12996:=6.=.?./?6@.@12=2;12129.C29<061.1129C25O0B9<0<:B;60.06Q;$0<;0B.1?<126;@A?B:2;A<@F96:=6M;1<@29.
C29<061.1129=.;29123.@06.9.A2?.9
609<12<=2?.06Q;J@24)*. J@2492;A<

W (39/;./-87=;85,+48+5=8

9/.7<?29N1296:=6.=.?./?6@.@@2.0A6C.0B.;1<296;A2??B=A<?12996:=6.=.?./?6@.@/.7<2@<=2?.1<F29?29N1296:=6.=.?./?6@.@.9A..0A6C.0B.;1<@2.006<;.
296;A2??B=A<?12.9A.96:=6.=.?./?6@.@

9:<A<?12996:=6.=.?./?6@.@CB29C2.9.=<@606Q;122@A.06<;.:62;A<F@212A62;26;09B@<0B.;1<@2.=.4.296;A2??B=A<?122;02;161<1B?.;A2293B;06<;.:62;A<129
96:=6.=.?./?6@.@

9?29N1296:=6.=.?./?6@.@12/2=2?:.;202?.0A6C.1<1B?.;A2293B;06<;.:62;A<12996:=6.=.?./?6@.@2;29:<1<12/.7..9A..=2@.?12>B229@6@A2:.;<?206/2@2P.9
12& &%)
B?.;A2293B;06<;.:62;A<12996:=6.=.?./?6@.@6;A2?:6A2;A2.BA<:MA60<29?29N1296:=6.=.?./?6@.@12/2@2?12@.0A6C.1.12@=BN@12@24B;1<@@6;<5.F
@2P.912& &%)1B?.;A2@24B;1<@0<;2936;126;3<?:.?.90<;1B0A<?12@2P.912320AB<@.

)6/62;2996:=6.1<?3B;06<;../.7..9A.C29<061.129@2920A<?9.C.1<?A?.@2?<3?<;A.9=B212@2?<=2?.1<=2?<296;A2??B=A<?9.C.1<?..BA<:MA60.;<=B212

9:<A<?12996:=6.=.?./?6@.@CB29C2.9.=<@606Q;122@A.06<;.:62;A<F@212A62;20B.;1<@2.=.4.296;A2??B=A<?122;02;161<1B?.;A2293B;06<;.:62;A<129
96:=6.=.?./?6@.@2;29:<1<12.9A.

#/-8;.+=8;385+?/./-87=+-=8
W 5++.?/;=/7-3+./+?3<8./55+?/
<=+0>7-3J7=3/7/9;38;3.+.<8,;/5+F69+;+./-85+<8,;/5++.?/;=/7-3+

9./?6?9.=B2?A.1290<;1B0A<?:62;A?.@>B29.99.C2120<;A.0A<@26;@2?A.2;290696;1?<129.99.C229GB:/.1<?@B2;.1B?.;A2 @24B;1<@
0<;296;A2?C.9<12@%$F @%

9?2A6?.?9.99.C2122;02;161<<29062??2129.=B2?A.1290<;1B0A<?1B?.;A29.@.961.129GB:/.1<?12;A?<12 @24B;1<@29GB:/.1<?127.
12@B3B;06<;.:62;A<

@A.3B;06Q;;<2@AM16@=<;6/920B.;1<296;A2??B=A<?122;02;161< $ 2@AM2;9.=<@606Q;%$

W ;/-8;.+=8;38./55+?/.//7-/7.3.8

9./?6?B;.=B2?A.129.;A2?.<2;02;12?296;A2??B=A<?1202??.1B?.129.=B2?A.:62;A?.@>B29.99.C2120<;A.0A<@26;@2?A.2;290696;1?<129.99.C29.@=B2?A.@2@AM;
/9<>B2.1.@1B?.;A2@24B;1<@F12@/9<>B2.1<

".=B2?A.=2?:.;202?M12@/9<>B2.1<6;09B@<0B.;1<296;A2??B=A<?12/9<>B2<12=B2?A.@2?206/29.@2P.902??.1B?.129.=B2?A.12;A?<129<@@24B;1<@
12@=BN@12./?6?F02??.?9.=B2?A.

)6;2:/.?4<9.@=B2?A.@;<12/2;@2?12@/9<>B2.1<@.9?2A6?.?9.99.C2120<;A.0A<1B?.;A229=?<02@<12062??2126;A2??B=A<?12/9<>B2<129.
=B2?A.
&B2?A.0<;A?<9.1<?6;A2??B=A<?12/9<>B2<<6;A2??B=A<?12/9<>B2<12=B2?A.129=.@.72?<
6;A2??B=A<?129.=B2?A.1290<;1B0A<?<=.@.72?<6;A2??B=A<?129.=B2?A.

W 0>7-3J7+7=3,58:>/8->+7.8>7+9>/;=+/<=F+,3/;=+

)6.94B;.129.@=B2?A.@2E02=A<29=<?AQ;A?.@2?<F290.=Q129:<A<?2@AM./62?A<9.@=B2?A.@2@AM;02??.1.@B;.C2G12@/9<>B2.1<@=2?<6;:216.A.:2;A2.9?206/6?
9.@2P.912/9<>B2<

".=B2?A.=2?:.;20212@/9<>B2.1.1B?.;A2@24B;1<@0B.;1<@2062??.9.=B2?A.1B?.;A22912@/9<>B2<
9@6@A2:.A.:/6N;?2.96G.9.

<=2?.06Q;0<:<.??6/.:62;A?.@>B29.09.C2@2296:6;.<296;A2??B=A<?122;02;161<@20<9<0.2;=<@606Q;%$
".3B;06Q;12.C6@<1299.C212
2;02;161<@2.0A6C.:62;A?.@9.99.C2120<;A.0A<@26;@2?A.2;290696;1?<129.99.C2

@A.3B;06Q;;<2@AM16@=<;6/920B.;1<9.C29<061.1129C25O0B9<2@@B=2?6<?. 8:5
&B2?A.0<;A?<9.1<?6;A2??B=A<?12/9<>B2<<6;A2??B=A<?12/9<>B2<12=B2?A.129=.@.72?<
6;A2??B=A<?129.=B2?A.1290<;1B0A<?<=.@.72?<6;A2??B=A<?129.=B2?A.

5+5F69+;+./-85+
W 5F69+;+./-85++5+3C:>3/;.+/75++.?/;=/7-3+0>7-387/<./;/-8;.+=8;38=/-28<85+;B5+55+?/./-87=+-=8=3/7/79;38;3.+.

9GB:/.1<?@B2;.1B?.;A2 @24B;1<@0<;296;A2?C.9<12@%$F @%0B.;1<@2./?29.=B2?A.1290<;1B0A<?0<;9.99.C2?2A6?.1.@6;)!#
0<; $%<0<;)!#F9M:=.?.120<9.%$
9GB:/.1<?@212A62;2@B3B;06<;.:62;A<0B.;1<@2.=.4.9.9M:=.?.120<9.<29062??2129.=B2?A.
1290<;1B0A<?1B?.;A2293B;06<;.:62;A<129.C6@.1<?
9GB:/.1<?=2?:.;2022;02;161<0B.;1<@22;062;129.9M:=.?.120<9.12;B2C<12@=BN@12

.=.4.?9<1B?.;A2293B;06<;.:62;A<129GB:/.1<?
@A.3B;06Q;;<2@AM16@=<;6/920B.;1<296;A2??B=A<?122;02;161< $ 2@AM2;9.=<@606Q;%$

W +-85+./5+5F69+;+!+>=86F=3-8

9./?6?F02??.?9.=B2?A.1290<;1B0A<?12@=BN@12.=.4.?29:<A<?0<;9.9M:=.?.120<9.%$9.@9B02@A?.@2?.@@2.=.4.;
.BA<:MA60.:2;A2

".@9M:=.?.@120<9.@22;062;12;12;B2C<0B.;1<9.6;@2?06Q;129.99.C2122;02;161<@6;)!#F0<;20A.?292;02;161<0<;)!#12@=BN@12
9M:=.?.120<9.%.BA<

".9M:=.?.120<9.;<12/2.=.4.?@20B.;1<@22;062;12296;A2??B=A<?129M:=.?.120<9.0<;9.99.C2122;02;161<12@0<;20A.1<@6;)!#F
0<;.96:2;A.06Q;<%$0<;)!#
W 5F69+;+./-85+<8,;/<3<=/6+<./+5/;=+-87$

".9M:=.?.120<9.2;9.@2P.912.C6@<@22;CO..A?.CN@129.0<:B;60.06Q;$0B.;1<9.9M:=.?.120<9.=2?:.;2022;02;161<0<;9.99.C2120<;A.0A<
%<

./9>/;=+/7=;/+,3/;=+.?/;=/7-3+
#62;A?.@>B229#@6;)!#0<;A?<9.9.9M:=.?.12.1C2?A2;06.29#0<;)!#0<;A?<9.9.9M:=.?.12.C6@<F2;CO.9.@2P.9.A?.CN@129.0<:B;60.06Q;
$
)6;2:/.?4<2@A20<;A?<9@Q9<2@AM16@=<;6/920B.9>B62?.129.@=B2?A.@<29=<?AQ;A?.@2?<0B.;1<2E02=A<290.=Q129:<A<?2@AM./62?A<

90B.1?<126;@A?B:2;A<@0<;A?<9.9.9M:=.?.12.C6@<12=B2?A../62?A.12.0B2?1<0<;9.@2P.9129#
)6;2:/.?4<29#
0<;A?<9.9.9M:=.?.12.C6@<12=B2?A../62?A.0<;290./9229N0A?60<7B;A<0<;9.0<:B;60.06Q;$

12:M@290B.1?<126;@A?B:2;A<@0<;A?<9.9.3B;06Q;12=.?=.12<12.0B2?1<0<;9.C29<061.1129C25O0B9<
)6;2:/.?4<29#0<;A?<9.9.
9M:=.?.129.=B2?A.2;A?2./62?A..1C2?A2;06.=.?=.12.;A20<;290./9229N0A?60<7B;A<0<;9.0<:B;60.06Q;$

2;A?2./62?A.0<;1B0A<?=.@.72?<=B2?A.A?.@2?.<=<?AQ;A?.@2?<2@AM./62?A<
2?0.0<;1B0A<?.0<:=.P.;A2=B2?A.A?.@2?.F29=<?AQ;A?.@2?<@2062??.;

37=>;J7./</1>;3.+.
W 5++.?/;=/7-3+./5-37=>;J7./</1>;3.+.

946?.?296;A2??B=A<?122;02;161< $ 2;%$12@129.=<@606Q;%29#2;CO.9.@@2P.92@120<;A?<9.1<?F12.C6@<1206;AB?Q;12
@24B?61.1129=.@.72?<129.;A2?<=.?.29:Q1B9<12=.;29126;@A?B:2;A<@.A?.CN@129.0<:B;60.06Q;$F@B2;.29GB:/.1<?1B?.;A2
@24B;1<@0<;296;A2?C.9<12@$F @%

)6@2@B72A.;9<@06;AB?<;2@12@24B?61.10<;1B0A<?=.@.72?<29GB:/.1<?;<@B2;.=2?<
9.9M:=.?.=.?=.12.12.92?A.1B?.;A229=2?O<1<
9GB:/.1<?2@AM0<;A?<9.1<=<?#F9.9M:=.?.12.C6@<2@0<;A?<9.1<=<? #&.?.29
.@62;A<129=.@.72?<@6;2:/.?4<29@6@A2:.12A20A.@629.@62;A<129=.@.72?<2@AMC.0O.B<0B=.1.F<=2?.9.9M:=.?.12.1C2?A2;06.@Q9<=.?.
9.=?6:2?.C2G
2@=BN@122@<29R;60<?20<?1.A<?6<1206;AB?Q;12@24B?61.112A20A.@62@AM<0B=.1<29.@62;A<129=.@.72?<
&.?.29.@62;A<1290<;1B0A<?29?20<?1.A<?6<12
06;AB?Q;12@24B?61.1<=2?.@Q9<0B.;1<2906;AB?Q;12@24B?61.1;<2@AM./?<05.1<2;9.C29<061.1129C25O0B9<128:5<@B=2?6<?
9:Q1B9<12=.;29126;@A?B:2;A<@0<;A?<9.9.@9M:=.?.@12.1C2?A2;06.12906;AB?Q;12.@62;A<0<;1B0A<?=.@.72?<:216.;A29.?202=06Q;129<@06;AB?<;2@12

@24B?61.1@2P.92@129M:=.?.@12.92?A..90<;1B0A<?=.@.72?<@
946?.?296;A2??B=A<?122;02;161< $ .9.=<@606Q;%1B?.;A29.<=2?.06Q;12.1C2?A2;06.29GB:/.1<?@212A62;2F9.9BG12

.C6@<@2.=.4.
)62906;AB?Q;12@24B?61.10<;1B0A<?=.@.72?<@2367.1B?.;A29.<=2?.06Q;12.1C2?A2;06.29GB:/.1<?@212A62;2=2?<=.?=.12.9.9M:=.?.12

.1C2?A2;06.=.?.29A62:=<?2@A.;A2129=2?O<1<
)69<@0.:/6<@129.@2P.912906;AB?Q;12@24B?61.10<;1B0A<?=.@.72?<.12@./?<05.1<12367.1<0<; $ %$9.9M:=.?.12.C6@<1206;AB?Q;12@24B?61.1

0<;1B0A<?=.@.72?<@22;062;12F29GB:/.1<?@B2;.12;B2C<1B?.;A2@24B;1<@
&2?<@6@20B:=929.0<;1606Q;=.?.9.<=2?.06Q;12?20<?1.A<?6<12906;AB?Q;
12@24B?61.11B?.;A29.<=2?.06Q;12.1C2?A2;06.9.<=2?.06Q;12.92?A.@212A62;2F@2.0A6C.9.3B;06Q;12?20<?1.A<?6<1206;AB?Q;12@24B?61.1

W #/-8;.+=8;38./-37=>;J7./</1>;3.+.

<;1606<;2@123B;06<;.:62;A<=.?.?20<?1.A<?6<1206;AB?Q;12@24B?61.1@<;9<@@64B62;A2@ $%$:<A<?2;:.?05.:M@12?=:9.C29<061.1129C25O0B9<12
8:5<@B=2?6<?2906;AB?Q;12@24B?61.112@./?<05.1<0<;1B0A<?2906;AB?Q;12@24B?61.112@./?<05.1<=.@.72?<129.@62;A<F29=.@.72?<>B2<0B=.
12:M@@629
?20<?1.A<?6<1206;AB?Q;12@24B?61.1@2.0A6C..9.C29<061.1128:5<@B=2?6<?F9.C29<061.1@2?21B02.=<?12/.7<128:512;A?<129<@:6;BA<@29@<;61<129
GB:/.1<?6;A2?6<?@212A62;2
9GB:/.1<?@B2;.1B?.;A2:6;BA<@12;B2C<0B.;1<9.C29<061.12@128:5<@B=2?6<?
9?20<?1.A<?6<12906;AB?Q;12@24B?61.1@212A62;2@B3B;06<;.:62;A<0B.;1<9.367.06Q;12906;AB?Q;12@24B?61.1=2?<@26;606.12;B2C<9.<=2?.06Q;@612@./?<05.?29

06;AB?Q;12@24B?61.1
)629?20<?1.A<?6<1206;AB?Q;12@24B?61.1@25.023B;06<;.?6;606.9:2;A212/61<.9.0<??2.129.@62;A<1290<;1B0A<?12@./?<05.1<29GB:/.1<?@B2;.0<;296;A2?C.9<

12
@%$%
@290B.1?<126;@A?B:2;A<@2;CO.9.@2P.912.1C2?A2;06.12906;AB?Q;12.@62;A<1290<;1B0A<?)(F9.@2@A.;06.@129.9M:=.?.12
.1C2?A2;06.12906;AB?Q;12@24B?61.12;
;2@A2:<:2;A<29GB:/.1<?@B2;.1B?.;A2:6;BA<@
)629?20<?1.A<?6<1206;AB?Q;12@24B?61.1@25.023B;06<;.?12/61<.06;AB?Q;12@./?<05.1<.@62;A<129=.@.72?<0B.;1<29@2;@<?12?20<?1.A<?6<12906;AB?Q;12

.@62;A<129=.@.72?<12A20A.>B229.@62;A<129=.@.72?<2@AM<0B=.1<290B.1?<126;@A?B:2;A<@2;CO.9.@2P.912.1C2?A2;06.12906;AB?Q;12.@62;A<1290<;1B0A<?F9.
9M:=.?.12.C6@<1206;AB?Q;12@24B?61.1=2?:.;2022;02;161<
&.?.2@A20.@<296;160.1<?:B2@A?.0.1.2@A.1<129<@.@62;A<@120<;1B0A<?F=.@.72?<=2?<29A6:/?2126;A2?6<?2@0<:R;.9<@1<@.@62;A<@
)6@20B:=929.0<;1606Q;12<=2?.06Q;@6:B9AM;2.129.@2P.9.0R@A60.126;A2?6<?29.@62;A<1290<;1B0A<?A62;29.=?6<?61.1
)6@2@B72A.2906;AB?Q;12
@24B?61.11290<;1B0A<?9.:6@:.<=2?.06Q;A.:/6N;@2?2.96G.2;29.@62;A<129=.@.72?<.BA<:MA60.:2;A2
9GB:/.1<?F9.9BG12.C6@<@25.02;3B;06<;.?12.0B2?1<0<;9.C29<061.1129C25O0B9<0<:<=<?12/.7<129.:2@.1B?.;A29.<=2?.06Q;12?20<?1.A<?6<12906;AB?Q;
12@24B?61.1
89/;+-3J7;/-8;.+=8;38./5-37=>;J7./</1>;3.+.
>7-3J7
*>6,+.8; F69+;+./+.?/;=/7-3+
'/58-3.+../5?/2H->58
8:5H869<:2A?<@5

@%$%
@ <;A6;B.?
8:5H!:5

@%$%
@ <;A6;B.?
2 8:5H869<:2A?<@5

@%$%
@ <;A6;B.?

&?6<?61.13B;06<;.:62;A<129.C6@.1<?)(V.C6@<1299.C212.1C2?A2;06.V*205<@<9.?"BG12.C6@<129.0<9.VV$.1C2?A2;06.6;A2?:6A2;A2@12
.1C2?A2;06.V9.9M:=.?.12@2P.91246?<
37=>;J7./</1>;3.+.;/->/;.+75F69+;+./+.?/;=/7-3+<J58&
@A.9M:=.?.@22;062;121B?.;A2@24B;1<@12@=BN@122;02;12?296;A2??B=A<?122;02;161<
)69.C29<061.1129C25O0B9<C.:M@12 8:5@6;
./?<05.1<2906;AB?Q;12@24B?61.1@B2;.29GB:/.1<?6;A2?6<?

%/-28-8;;/.3C8
W +.?/;=/7-3+=/-28<85+;

9?2A6?.?9.99.C2120<;A.0A<0<;29A205<@<9.?./62?A<@6;)!#<.9./?6?9.=B2?A.1290<;1B0A<?0<; $%<FA205<
@<9.?./62?A<0<;)!#@B2;.29GB:/.1<?6;A2?6<?1B?.;A2 @24B;1<@0<;296;A2?C.9<12
@%$%
@

9./?6?F02??.?9.=B2?A.1290<;1B0A<?<02??.?29A205<@<9.?1B?.;A2293B;06<;.:62;A<129.C6@.1<?126;A2?6<?29GB:/.1<?127.12@B3B;06<;.:62;A<
6;:216.A.:2;A2

902??.?9.=B2?A.1290<;1B0A<?<29A205<@<9.?F9..=2?AB?.12;B2C<1B?.;A29.<=2?.06Q;12.1C2?A2;06.9..1C2?A2;06.A205<@<9.?;<3B;06<;.
)6@2
0B:=929.0<;1606Q;12@=BN@129.99.C2122;02;161<2@AM2;9.=<@606Q;%$=<@606Q;<A?.C2G29GB:/.1<?6;A2?6<?@B2;.1B?.;A2 @24B;1<@0<;29
6;A2?C.9<12
@%$%
@
"..1C2?A2;06.A205<@<9.?A62;2=?6<?61.1@</?29.9M:=.?.120<9.@</?29..92?A.

F69+;+./2+,3=+-387/<
W 5F69+;+./5+<+5+./5+9>/;=++-895+.+B./-87=;85./;/1>5+-3J7
9./?6?0B.9>B62?.129.@=B2?A.@:62;A?.@>B2296;A2??B=A<?129.9M:=.?.5./6A.06Q;2;0<;@<9.@B=2?6<?@2=?2@6<;.2;=<@606Q;.0<=9.1.=B2?A.9.@9M:=.?.@
129.@5./6A.06<;2@@22;062;12;
)6@2?2A6?.9.99.C2F9.=B2?A.=2?:.;202./62?A.9.@.9.C.9M:=.?.@.BA<:MA60.:2;A212@=BN@12 :6;BA<@
9:<1<12
@B@=2;@6Q;@2?M12@.0A6C.1.0B.;1<9.=B2?A.2@AM02??.1.<@2062??.0<;9.9M:=.?..=.4.1..BA<:MA60.:2;A2
W $+5+./-87=;85./5+5F69+;+9>/;=++-895+.+0>7-387+63/7=8./5+5F69+;+2+,3=+-3J7

902??.?9.=B2?A.0<; $%$9.@.9.129.@9M:=.?.@@2.=.4.;6;:216.A.:2;A2

902??.?9.=B2?A.0<; $%9.@9M:=.?.@12@.9.@>B2=2?:.;2G0.;2;02;161.@1B?.;A2@24B;1<@F@2.A2;R.;1B?.;A2@24B;1<@

946?.?9.99.C2122;02;161<2;9.=<@606Q;%$1B?.;A29.?24B9.06Q;.0./<9.<=2?.06Q;9.@.9.129.@9M:=.?.@@2.=.4.;6;:216.A.:2;A2

B.;1<@2?206/29.@2P.91212@/9<>B2<12=B2?A.0<; $%9.99.C2F0<;9.=B2?A.02??.1.9.@9M:=.?.@129.@5./6A.06<;2@@22;062;12;1B?.;A2
@24B;1<@
%=2?.12=2;162;1<12(!)12@/9<>B2.?F:.;B.912@/9<>B2.?@2P.92@=.?.#0<;)!#

B.;1<@2?206/29.@2P.91212@/9<>B2<129.=B2?A.12;B2C<2;29=.@<9.9M:=.?.125./6A.06Q;12.??6/.F9.9M:=.?.125./6A.06Q;02;A?<=2?:.;202;
2;02;161.@1B?.;A2@24B;1<@.1606<;.9:2;A2
&.?.#0<;)!#9.2EA2;@6Q;12=2;12129.@(!)12@/9<>B2.?9.@2P.9

B.;1<@2./?2B;.=B2?A.1B?.;A29.<=2?.06Q;C6;0B9.1.F?24B9.06Q;9.@.9.129M:=.?.@=2?:.;2022;02;161<
B.;1<@2062??.12
;B2C<29@6@A2:.?2.96G.9.<=2?.06Q;2;29=.@< F

B.;1<A<1<@9<@6;A2??B=A<?2@129.=B2?A.@20.:/6.;12@12@B2@A.1<12062??2.@B2@A.1<6;606.99.@9M:=.?.@12@.9.@@2.A2;R.;.0./<
".@
9M:=.?.@12@.9.@@2.=.4.;6;:216.A.:2;A2.92;A?.?2;29:<1<.;A6??</<
&.?.#0<;)!#02??.1B?.129.=B2?A.@2992C..0./<=<?29/9<>B2<
(!)F9.@@2P.92@:.;B.92@12/9<>B2<
".5./6A.06Q;9M:=.?.@@22;062;120B.;1<@2.0A6C.9.3B;06Q;122;3<>B2.BA<:MA60<

W $+5+./-87=;85./5+5F69+;+!

".@9M:=.?.@12@.9.@127.;123B;06<;.?0B.;1<29#2;A?.2;29:<1<1216@B.16?.9<@9.1?<;2@<1<?:6?
@A<2@=.?.2C6A.?9.12@0.?4.129./.A2?O.
@6296;A2??B=A<?129.9M:=.?.129.9M:=.?.@.9.F@2;@<?292C.1<2@AM2;9.=<@606Q;
".@9M:=.?.@12@.9.@.=.4.;.BA<:MA60.:2;A2 :6;BA<@12@=BN@
12>B2@2?2A6?.9.99.C2
2@=BN@122@<@62912@/9<>B2<129.=B2?A.<9.A<A.961.1129.@2P.912=B2?A../62?A.@2?206/2F@26;@2?A.9.99.C229:<1<12

?2=<@<@212@.0A6C.F9.@9M:=.?.@12@.9.@12<=2?.?=<?<A?<@ :6;BA<@
".@9M:=.?.@12@.9.@@22;062;12;0B.;1<@26;A?<1B029.99.C2#@6;)!#<296;A2??B=A<?122;02;161<@20<9<0.2;=<@606Q;<%$#0<;

)!#:62;A?.@>B29.@9M:=.?.@12@.9.@2@AM;.=.4.1<@
5>637+-3J7/B85/

9./?6?9.=B2?A.0<; $%9.9BG129.A209.@22;062;12.4B72?<
902??.?9.=B2?A.9.9BG129.A209..4B72?<=2?:.;2022;02;161.1B?.;A2
@24B;1<@F@2.=.4.
946?.?9.99.C2122;02;161<2;9.=<@606Q;%$1B?.;A29.<=2?.06Q;129.69B:6;.06Q;129.@A209.@.4B72?<@.92

6;:216.A.:2;A2

B.;1<@2?206/29.@2P.912/9<>B2<129.=B2?A.2;A?.?2;29:<1<1216@B.16?.9<@9.1?<;2@9.9M:=.?.@2.=.4.
".3B;06Q;129.A209.12

69B:6;.06Q;129.4B72?<A62;2B;.=?6<?61.1@</?29.3B;06Q;1296;:<C696G.1<?

)6@26;A2??B:=29.0<:B;60.06Q;0<;296;:<C696G.1<?9.9M:=.?.@22;062;121B?.;A2 @24B;1<@0<;296;A2?C.9<12@%$%@
6;12=2;162;A2:2;A2129.@0<;1606<;2@123B;06<;.:62;A<129.9M:=.?.12<7<1202??.1B?.
946?.?296;A2??B=A<?122;02;161<.9.=<@606Q;%$2;29

2@A.1<C6?42;9.9M:=.?.@22;062;121B?.;A2@24B;1<@0<;296;A2?C.9<12@%$%@
%$ $$ /?6?0<;1B0A<?<=B2?A.129=.@.72?<2@AM./62?A<
% $% 2?0.0<;1B0A<?F=B2?A.129=.@.72?<@2062??.;

./</69+I+.8;-536+=3C+.+(3;/%36/;
W -87=;85./5=/698;3C+.8;./5./</69+I+.8;./5+7=/;8

92;02;12?296;A2??B=A<?12912@2:=.P.1<?129.;A2?<0<;64;%$C29<061.1129:<A<?:M@12?=:2912@2:=.P.1<?129.;A2?<<=2?.1B?.;A2
:6;BA<@

9.=.4.?296;A2??B=A<?12912@2:=.P.1<?129.;A2?<1B?.;A29.<=2?.06Q;2912@2:=.P.1<?127.123B;06<;.?
)62;02;12?2912@2:=.P.1<?12;B2C<12;A?<

129<@ :6;BA<@12@=BN@129.36;.96G.06Q;129.=?6:2?.<=2?.06Q;12 :6;BA<@2912@2:=.P.1<?<=2?..12:M@1B?.;A2:6;BA<@@Q9<B;.C2G
)6;
2:/.?4<2@A<;<.=960.@62912@2:=.P.1<?5.@61<12@.0A6C.1<=<?29=.?<129:<A<?<296;A2??B=A<?12@2:=.P.1<?

912@2:=.P.1<?127.123B;06<;.?0B.;1<296;A2??B=A<?122;02;161<2@AM2;9.=<@606Q;%<9.C29<061.1129:<A<?2@6;32?6<?.?=:

W -87=;85./5=/698;3C+.8;./</69+I+.8;=;+</;8

92;02;12?296;A2??B=A<?12@2:=.P.1<?A?.@2?<0<;64;%$C29<061.1129:<A<?:M@12?=:2912@2:=.P.1<?A?.@2?<F3B2?.
12@2:=.P.1<?2@=27<?2A?<C6@<?<=2?.?1B?.;A2 :6;BA<@

B.;1<@2.=.4.296;A2??B=A<?12@2:=.P.1<?A?.@2?<1B?.;A29.<=2?.06Q;2912@2:=.P.1<?127.123B;06<;.?
)62;02;12?2912@2:=.P.1<?12;B2C<

12;A?<129<@ :6;BA<@12@=BN@129.36;.96G.06Q;129.=?6:2?.<=2?.06Q;12 :6;BA<@2912@2:=.P.1<?<=2?..12:M@1B?.;A2:6;BA<@@Q9<B;.C2G

)6;2:/.?4<2@A<;<.=960.@62912@2:=.P.1<?5.@61<12@.0A6C.1<=<?29=.?<129:<A<?<296;A2??B=A<?12@2:=.P.1<?

912@2:=.P.1<?127.123B;06<;.?0B.;1<296;A2??B=A<?122;02;161<2@AM2;9.=<@606Q;%<9.C29<061.1129:<A<?2@6;32?6<?.?=:

.//7=;+.+<3755+?/
W %;+7<63<8;-5+?/#$
B.;1<29B@B.?6<.006<;.296;A2??B=A<?129.99.C212:.;1<.16@A.;06.9<@:2;@.72@120<;A?<9129C25O0B9<3<?:.A2.1<@=<?@B&+@22;CO.;.9.B;61.1
=?6;06=.9123<?:.6;.9M:/?60.
99.&+120<;A?<9129C25O0B9<F9.B;61.1=?6;06=.90<;A?<9.9.<=2?.06Q;129C25O0B9<
/;;+.>;+./5+9>/;=+
+9/;=>;+./9>/;=+<,8=J7./9F73-8
W +9/;=>;+./9>/;=+<,8=J7./9F73-8

12@/9<>B2<129.@=B2?A.@F29=<?AQ;A?.@2?<=B9@.?/?2C2:2;A2
)6@2=B9@.2@A2/<AQ;@2./?2A<1.@9.@=B2?A.@F29=<?AQ;A?.@2?<F12@.0A6C.29:<1<.;A6??</<
B.;1<@212@.0A6C.29:<1<12.;A6??</<9.@
9B02@122:2?42;06.122:2?42;06.=.?=.12.;B;.C2G
)69.=B2?A.=<?AQ;A?.@2?<<290.=Q129:<A<?;<@2./?2B;=9.G<12@24B;1<@
12@=BN@1212@/9<>B2.?9.=B2?A.0<;9.99.C2.16@A.;06.2;29:<1<.;A6??</<9.=B2?A.@2/9<>B2..BA<:MA60.:2;A29B02@122:2?42;06.
=.?=.12.1<@C202@F29GB:/.1<?@B2;.B;.C2G
;A?.?2;29:<1<1216@B.16?.9<@9.1?<;2@=M;60<3B;06Q;=B9@2F:.;A2;4.=B9@.1<
1B?.;A2:M@12@24B;1<@

9=?2@6<;.?:M@12@24B;1<@29/<AQ;29=2964?<12.1C2?A2;06.=.?=.12.9B02@6;A2?:6A2;A2@F29GB:/.1<?@B2;.1B?.;A2B;<@@24B;1<@

&?2@6<;229/<AQ;1212@/9<>B2<<&L$ %=.?.12@.0A6C.?2@A.3B;06Q;

W /;;+.>;+./5+9>/;=+

0<;12;.06Q;129.@=B2?A.@F29=<?AQ;A?.@2?<=B9@.?/?2C2:2;A2
)6@2=B9@.2@A2/<AQ;A<1.@9.@=B2?A.@F29=<?AQ;A?.@2?<@2062??.;F@2.0A6C.29:<1<1216@B.16?.9<@9.1?<;2@
B.;1<@2.0A6C.29:<1<.;A6??</<9.9B02@122:2?42;06.=.?=.12.1<@C202@
)6;2:/.?4<.9=B9@.?2@A2/<AQ;B;.C2G:M@29
=9.G<12@24B;1<@9.9B02@122:2?42;06.=.?=.12.1<@C202@F29GB:/.1<?@B2;.B;.C2G
W -/;;+.>;+./5+9>/;=+;/68=+

B.;1<@2=B9@./?2C2:2;A2=<?12/.7<12@24B;1<@29/<AQ;"%!2;29A?.;@:6@<?9.@=B2?A.@2@AM;02??.1.@
9#2;CO.9.@2P.912/9<>B2<129.
=B2?A.6;:216.A.:2;A212@=BN@12?206/6?29:2;@.7212/9<>B2<129.=B2?A.12@1229A?.;@:6@<?
B.;1<@212A20A.B;.2@A?205.=B2?A.0.:=.;.2@A.1<12

/9<>B2<12062??2F9.=B2?A.@22:6A29.@2P.9129M:=.?.12@2P.91246?<
)Q9<0B.;1<9.=B2?A.02?0.0.=Q0<;1606<;2@062??2F/9<>B2<129.=B2?A.2@AM@.A6@3205<12@=BN@@2?2.96G.02??.1B?.129.=B2?A.@21.@.961..9.@2P.9129.

9M:=.?.12@2P.91246?<
".<=2?.06Q;(!);<2@AM16@=<;6/920B.;1<9.99.C2120<;A.0A<2;296;A2??B=A<?1299.C2
12:M@;<2@=<@6/92BA696G.?9<@6;A2??B=A<?2@2;9.A209.

120<;A?<9?2:<A<1B?.;A2 @24B;1<12@=BN@12?2A6?.?9.99.C2122;02;161<1296;A2??B=A<?122;02;161<=.?.2C6A.?293B;06<;.:62;A<;<6;A2;06<;.1<
)6.94B;.129.@=B2?A.@;<=<1O.@2?/9<>B2.1<0B.;1<@2=B9@.29/<AQ;"%!29@6@A2:.?2.96G.9.<=2?.06Q;1212@/9<>B2<

W +9/;=>;+;/68=+./9>/;=+<

B.;1<@2=B9@./?2C2:2;A2=<?12/.7<12@24B;1<@29/<AQ;1212@/9<>B2<129A?.;@:6@<?9.@=B2?A.@@212@/9<>B2.;

9?29N1212@/9<>B2<12=B2?A.@22;062;121B?.;A2@24B;1<@0B.;1<@2?206/229:2;@.721212@/9<>B2<12=B2?A.12@1229A?.;@:6@<?

".@9B02@16?2006<;.92@=.?=.12.;@Q9<0B.;1<A<1.@9.@=B2?A.@@212@/9<>B2.;0<;NE6A<
".<=2?.06Q;(!);<2@AM16@=<;6/920B.;1<9.99.C212

0<;A.0A<2;296;A2??B=A<?1299.C2
12:M@;<2@=<@6/92BA696G.?9<@6;A2??B=A<?2@2;9.A209.120<;A?<9?2:<A<1B?.;A2 @24B;1<12@=BN@12?2A6?.?9.
99.C2122;02;161<1296;A2??B=A<?122;02;161<=.?.2C6A.?293B;06<;.:62;A<;<6;A2;06<;.1<
W 9F73-8;/68=8

9=?2@6<;.?:M@12@24B;1<@296;A2??B=A<?122:2?42;06.2;29A?.;@:6@<?@2.0A6C.9..9.?:.12=M;60<
B.;1<@2?206/229:2;@.7212
=M;60<12@1229A?.;@:6@<?@B2;.9./<06;.F./?6?F02??.?9.@9M:=.?.@12@2P.91246?<1B?.;A2@24B;1<@.9.?:.12=M;60<

W /<9>G<./</1>7.8<./;/=+;.8-/;;+.>;+./5+9>/;=++>=86F=3-+

)6B;.=B2?A.<29=<?AQ;A?.@2?<;<@2./?2B;=9.G<12@24B;1<@12@=BN@1212@/9<>B2.?9.@=B2?A.@0<;99.C2.16@A.;06.2;29:<1<.;A6??</<
A<1.@9.@=B2?A.@@2/9<>B2.;.BA<:MA60.:2;A212;B2C<0.:/6<.9:<1<1216@B.16?.9<@9.1?<;2@
)60B.9>B62?=B2?A.;<@2./?2<9.A209.;<@2
12A20A.12;A?<129<@@24B;1<@12@=BN@12?206/6?9.@2P.91212@/9<>B2<9.@2P.912/9<>B2<@21.@.961.F@2.0A6C.29:<1<12.;A6??</<
92;A?.?2;29:<1<1216@=<@6A6C<0<;A?.?</<9.@9B02@16?2006<;.92@=.?=.12.;1<@C202@F29GB:/.1<?2EA2?6<?@B2;.B;.C2G=.?.)!#9.@9M:=.?.@
=.?=.12.;1<@C202@F/<06;.129..9.?:..;A6??</<@B2;.B;.C2G=.?.(!)

58:>/8./9>/;=+./-87=;85././<,58:>/8
9#0<;)!#?206/23B2;A212.A2;06Q;=.?.6;A2??B=A<?12=B2?A.1290<;1B0A<?12/9<>B2<12@/9<>B2</9<>B2<12=B2?A.129=.@.72?<12@/9<>B2.?6;A2??B=A<?
=B2?A.A?.@2?.6G>B62?1.12?205.1296;A2??B=A<?12/9<>B2<02??.1B?.02;A?.912@/9<>B2.?292@A.1<1296;A2??B=A<?.A?.CN@1290./9229N0A?60<5.?1D6?2

92@A.1<126;A2??B=A<?120696;1?<129.99.C2F296;A2??B=A<?12=<@606Q;122;4.;052@2?206/2.A?.CN@1296;A2??B=A<?129.=B2?A.12/9<>B2<12@/9<>B2<
B.;1<9.@2P.912/9<>B2<12=B2?A.2@2:6A61.12/61<.B;3.99<1296;A2??B=A<?12=<:<129.=B2?A.F296;A2??B=A<?12.=2?AB?.12=B2?A.F9.@2P.91212@/9<>B2<
.BA<:MA60<@2A?.;@:6A2C202@1B?.;A2 :6;BA<#/9<>B2<=<?9.3B2?G.9.@=B2?A.@@6;12@/9<>B2.?
)6;2:/.?4<29:.;1<1212@/9<>B2<12=B2?A.3B;06<;.;<?:.9:2;A2F12@.0A6C.9.3B2?G.1212@/9<>B2<
W ">/;=+./-87=;85./,58:>/8./<,58:>/86/.3+7=/37=/;;>9=8;./5+9>/;=+!

B.;1<@2:B2C2290<;1B0A<?<=.@.72?<02??.1B?.12=B2?A.=2?699.0.:/6.?.9.=<@606Q;"%!129.=<@606Q;+$"%!#2;CO.9.@2P.9"%!
1B?.;A2@24B;1<@

B.;1<@2:B2C2290<;1B0A<?<=.@.72?<02??.1B?.12=B2?A.=2?699.0.:/6.?.+$"%!12@129.=<@606Q;"%!#12@/9<>B2.?9.<=2?.06Q;=<?29
6;A2??B=A<?1202??.1B?.12=B2?A.:.;1<;<2@AM16@=<;6/920B.;1<@22;CO.9.@2P.9"%!+$"%!=<?0B.9>B62?<A?<:NA<1<A.92@0<:<290<;A?<9

?2:<A<99.C2
9C<9C2?.0<;20A.?9./.A2?O.296;A2??B=A<?=2?699.02??.1B?.129.=B2?A.;<2@AM<=2?.A6C<6;12=2;162;A2:2;A2129.@=<@606<;2@1296;A2??B=A<?12/9<>B2<12

=B2?A.
*<1.@9.@=B2?A.@@2:.;A62;2;12@/9<>B2.1<0B.;1<@2?206/29.@2P.912/9<>B2<129.=B2?A.2;@24B;1<@12@=BN@1202??.?9.@=B2?A.@

W -/;;+.>;+./5+9>/;=+./<,58:>/+;/5-87=;8598;/537=/;;>9=8;./,58:>/8./9>/;=+-/7=;+5

9=B9@.?9.02??.1B?.02;A?.96;A2??B=A<?1212@/9<>B2.?#2;CO.29/9<>B2.?<12@/9<>B2.?@2P.912.0B2?1<0<;9.0<;1606Q;.;A2?6<?12
6;A2??B=A<?12/9<>B2<12=B2?A.1290<;1B0A<?1B?.;A2@24B;1<@
96;A2??B=A<?129.=B2?A.02;A?.9129:B2992;<2@AM16@=<;6/920B.;1<29

@6@A2:.2@AM2;:<1<12.;A6??</<
946?.?292;02;161<A<1.@9.@=B2?A.@@212@/9<>B2.;.BA<:MA60.:2;A2@6;6;4B;.129.02??.1B?.129.=B2?A.

=2?699.6;A2??B=A<?2@2@AM2;9.=<@606Q;"%!

B.;1<@2=B9@.296;A2??B=A<?02;A?.9129.02??.1B?.12=B2?A.0<;0B.9>B62?=B2?A../62?A.29@6@A2:../?29.@=B2?A.@6;:216.A.:2;A212@=BN@12
/9<>B2.?299<@
W 58:>/8./9>/;=+./<,58:>/+;/5-87=;8598;5+</I+5./#$

B.;1<@2?206/29.@2P.912/9<>B2<129.=B2?A.#2;CO.9.@2P.9"%!1B?.;A2@24B;1<@
B.;1<@2?206/29.@2P.912

12@/9<>B2<12=B2?A.#2;CO.9.@2P.91212@/9<>B2<=.?.@24B;1<@

W ">/;=+./-87=;85./,58:>/8./<,58:>/898;-87=;85;/68=8./$55+?/37=/531/7=/

)629#?206/2290<:.;1<"%!.A?.CN@129.0<:B;60.06Q;$(!)/9<>B2<12@2P.9.9=B9@.?296;A2??B=A<?1202??.1B?.129.
=B2?A.1290<;A?<9?2:<A<129.99.C26;A29642;A20<; $%<%$@22;CO.9.@2P.912/9<>B2<129.=B2?A.1B?.;A2@24B;1<@

)629#?206/2290<:.;1<1212@/9<>B2<.A?.CN@129.0<:B;60.06Q;$.9=B9@.?296;A2??B=A<?1212@/9<>B2<12=B2?A.1290<;A?<9?2:<A<
129.99.C26;A29642;A20<; $%<%$@22;CO.9.@2P.91212@/9<>B2<129.=B2?A.1B?.;A2@24B;1<@

W 58:>/+;./<,58:>/+;/5-87=;85.//7=;+.+9+<3?+$

9)!#/B@0.9.99.C26;A29642;A2C2?6360.1<2;CO.02??.1B?.129.=B2?A.<12@/9<>B2.?@2P.9.9#.A?.CN@129.0<:B;60.06Q;$12=2;162;1<
1292@A.1<129.=B2?A.F2;CO.9.@.961.1B?.;A2@24B;1<@0B.;1<@2<=2?.296;A2??B=A<?12A6?.1<?129.=B2?A.2EA2?6<?0<; $%%$<
$$
9#;<?2.96G.9.02??.1B?.129.=B2?A.@69.=B2?A.1290<;1B0A<?@212@/9<>B2.0B.;1<@2?206/29.@2P.91296;A2??B=A<?12A6?.1<?12
9.=B2?A.2EA2?6<?0<; $%$

9#.0A6C.9.@.961.02??.1B?.129.=B2?A.1B?.;A2@24B;1<@@69.=B2?A.1290<;1B0A<?2@AM12@/9<>B2.1<12@=BN@12?206/6?9.02??.1B?.12=B2?A.
12@/9<>B2.?0<:.;1<@2P.9$3B2?.12@2P.912:.;67.129.=B2?A.0<; $%<%$

W -/;;+.>;+./5+9>/;=+./-87=;85+>=86F=3-8

@.961.12/9<>B2<12=B2?A.@2.0A6C.0B.;1<9.C29<061.1129C25O0B9<@2:.;A62;2=<?2;06:.128:50<; $ %$
)6;2:/.?4<@6A<1.@9.@=B2?A.@2@AM;
02??.1.@<3?.0.@.;@.961.12/9<>B2<;<@2.0A6C.
)60B.9>B62?.129.@=B2?A.@;<2@AM/9<>B2.1.12@=BN@129.A.=. #.0A6C.9.@.961.1202??.1B?.12

9.=B2?A.5.@A.C202@
)69.=B2?A..R;2@AM12@/9<>B2.1<#0<;@612?.0<:<9.=B2?A..69

)69.=B2?A.;<@20.:/6.12+$"%!."%!29?246@A?<3.99.?M29@.9=60.12?<9.1<
)65.F.94B;.=B2?A.3.99.1<9.3B;06Q;12

/9<>B2<.BA<:MA60<129.=B2?A.;<2@AM16@=<;6/92
=2@.?12>B29.C29<061.1129C25O0B9<@26;0?2:2;A.:M@128:512;B2C<12@=BN@12B;.16@:6;B06Q;=<?12/.7<128:5#;<2;CO.9.@2P.912/9<>B2<
129.=B2?A..BA<:MA60.

B.;1<@2?206/29.@2P.91212@/9<>B2<=.?.<A?.=B2?A.1B?.;A29.2A.=.#2;CO.9.@2P.912/9<>B2<=.?.9.=B2?A.
5.@A.C202@

".@.961.1212@/9<>B2<@2.0A6C..BA<:MA60.:2;A20B.;1<9.@0<;1606<;2@12@.961.12/9<>B2<12=B2?A.@20B:=92;=<?2@A.3B;06Q;<296;A2??B=A<?12
$ @246?..%12@129.=<@606Q;%$.=2@.?12>B29.@.961.12/9<>B2<;<@2.0A6C.@69.C29<061.1129C25O0B9<@2:.;A62;2=<?2;06:.128:5
/.7<0<;1606Q;12/9<>B2<
)69.0<;1606Q;12/9<>B2<@22@A./92020<;296;A2??B=A<?122;02;161<%$9.@@.961.@129@6@A2:.+$"%!@2P.9
6;0<;1606<;.9:2;A2.946?.?296;A2??B=A<?122;02;161<.9.=<@606Q;%

)6;2:/.?4<@69.0<;1606Q;12@.961.02??.1B?.129.=B2?A.@20B:=92<;<@26;606.96G.0B.;1<296;A2??B=A<? $ @246?..9.=<@606Q;%

B.;1<.=.4.?29:<A<??N0<?1=.?.B;.=B2?A.@26;606.?M293.992
)60B.9>B62?.129<@6;A2??B=A<?2@12/9<>B2<12=B2?A.2@AM2;=<@606Q;12/9<>B2<.946?.?292;02;161<A<1.@9.@=B2?A.@@212@/9<>B2.;
9<>B2<*<1.@9.@=B2?A.@6;09BF2;1<=<?AQ;A?.@2?<@2062??.;
2@/9<>B2.?*<1.@9.@=B2?A.@@212@/9<>B2.;6;09BF2;1<=<?AQ;A?.@2?<

W -87=;85./5+9>/;=++>=86F=3-+././<,58:>/8-+H.+././<,58:>/8

".2;A?.1.12@2P.9120<96@6Q;/<9@.12.6?2;<=B212@2?.02=A.1.12;A?<129<@@24B;1<@12@=BN@1246?.?9.99.C2122;02;161<2;=<@606Q;%$

2@=BN@129<@@24B;1<@@2.0A6C.9.@2P.912/<9@.12.6?2
)69.@2P.9129./<9@.12.6?2@2=<;22;%$/9<>B2<129.=<@606Q;%#2;CO.9.@2P.912
12@/9<>B2<129.=B2?A.1B?.;A2@24B;1<@12@=BN@12@24B;1<@

".@2P.91212@/9<>B2<@22;CO.=.?.29?2@A<129=2?O<1<6;09B@<0B.;1<@2.=.4.296;A2??B=A<?122;02;161<:62;A?.@@2?206/29.@2P.912
12@/9<>B2<12/61<.9.00612;A2

".@9M:=.?.@12@.9.@@22;062;12.9?206/6?9.@2P.91205<>B2
E02=A<0B.;1<296;A2??B=A<?129.9M:=.?.0B.?A<129.;A2?<2@AM2;=<@606Q;%

".@9B02@16?2006<;.92@A.:/6N;=.?=.12.0B.;1<?206/29.@2P.91205<>B2
@A.3B;06Q;

@2=<;2.02?<.912@0<;20A.?9./.A2?O.

+5+;6+./9F73-8
W +5+;6+./9F73-898;5+</I+5#$

B.;1<@2?206/29.@2P.912=M;60<0<;.=.4.1<F $%$290B2?;<F46?29M:=.?.@12@2P.96G.06Q;<=2?.;=.?.* 0<;29
6;A2?C.9<12@%$%@

9?206/6?9.02??.1B?.12=B2?A.<@2P.912=M;60<1B?.;A29.<=2?.06Q;12=M;60<9..9.?:.12=M;60<@212A62;2
%A?<@0<:.;1<@@2
?21236;2;".@3B;06<;2@1216@B.@6Q;12?</<@<;0<:<.0<;A6;B.06Q;
"..9.?:..;A6??</<@212A62;20B.;1<@2?206/29..9.?:.12=M;60<1B?.;A2@B3B;06<;.:62;A<
"..9.?:.12=M;60<@212A62;2F2;A<;02@9..9.?:..;A6??</<6;606.@B<=2?.06Q;0B.;1<@2=?<1B02;9.@0<;1606<;2@12.9.?:.0<;A?.
?</<@1B?.;A29..9.?:.12=M;60<
@A.3B;06Q;12/22@A.?16@=<;6/92@6;6:=<?A.?292@A.1<129.09.C2

@A.3B;06Q;@Q9<@2.0A6C.?M;0B.;1<@26;@2?A.9.99.C2122;02;161<?246Q;129.+

W +5+;6+./9F73-898;-87=;85;/68=8./$55+?/37=/531/7=/

B.;1<29#?206/20<:.;1<12=M;60<=<?0<;A?<9?2:<A<99.C26;A29642;A20<:<B;.@2P.9$@2.0A6C.9..9.?:.12=M;60<5.062;1<
3B;06<;.?9./<06;.F2;02;12?9.9M:=.?.12@2P.91B?.;A2@24B;1<@0<;B;6;A2?C.9<12
@%$%@

)6;2:/.?4<29#BA696G.1<2;9.?246Q;129.+@25.023B;06<;.?.9?206/6?290<:.;1<12=M;60<12@1229:.;1<
.16@A.;06.99.C26;A29642;A2F9.@2P.912>B29.99.C26;A29642;A22@AM2;29C25O0B9<@6;A2;@6Q;29F29 $%$

9#@212A62;29.3B;06Q;12=M;60<F<=2?.9.3B;06Q;12=2;162;1<129.@2P.92;0.@<120<:.;1<@@64B62;A2@1B?.;A29M:=.?.12
@2P.91246?<F293B;06<;.:62;A<0B2?;<=<?290<:.;1<12=M;60<120<;A?<9?2:<A<99.C26;A29642;A2
2A62;29.3B;06Q;12=M;60<.0A6C.1.@=<?290<:.;1<12=M;60<12@12290<;A?<9?2:<A<1299.C26;A29642;A2.A?.CN@129.@2P.9$
B;06Q;12=M;60<@2.0A6C.0B.;1<@2?206/2<A?<0<:.;1<

"..9.?:.12=M;60<@212A62;2F2;A<;02@9..9.?:..;A6??</<6;606.@B<=2?.06Q;0B.;1<@2=?<1B02;9.@0<;1606<;2@12.9.?:.0<;A?.?</<@
1B?.;A29..9.?:.12=M;60<

*<1.@9.@3B;06<;2@@<;0<;A?<9.1.@=<?)!#F<=2?.1<@=<?@2P.912)!#

./50+;8
W '373/7.8./35>637+-3J7./-+<+

".9BG120?B020<;A6;R.1B?.;A2@24B;1<@0B.;1<296;A2??B=A<?122;02;161<@246?..%$12@129.=<@606Q;%0<;9.9BG12%$

2CB29A..0.@.69B:6;.06Q;%<;1606Q;
:6;BA<@12@=BN@12>B2A<1.@9.@=B2?A.@F29=<?AQ;A?.@2?<@<;./62?A<@F02??.1<@
9B:6;.06Q;@.92@24B;1<@12@=BN@@6;2EA2;@6Q;0B.;1<9.@=B2?A.@02??.1.@2@AM;./62?A<@9?206/6?(!)F9.@@2P.92@12/9<>B2<12
=B2?A.129=.@.72?<02??.?./?6?02??.?1<@C202@1B?.;A2C6;62;1<<=2?.06Q;69B:6;.06Q;1295<4.?
".69B:6;.06Q;@2.=.4.1B?.;A2@B<=2?.06Q;0B.;1<9<@3.?<@F296;A2??B=A<?+*%9BG@20<;C62?A2;.<A?.=<@606Q;>B2;<@2.$
".69B:6;.06Q;@2.=.4.0B.;1<296;A2??B=A<?122;02;161<@20<9<0.2;9.=<@606Q;%$

@A.3B;06Q;=B212@2?.0A6C.1.<12@.0A6C.1.0<;2916@=<@6A6C<1216.4;Q@A60<
7B@A2=<?12320A<.0A6C<

./5+-869>/;=+=;+</;+
W /5-87=;85./5+-869>/;=+=;+</;+/7<37$

B.;1<@2=B9@.296;A2??B=A<?12=<?AQ;A?.@2?<1B?.;A2:M@12 @24B;1<@0<;9.=B2?A.1290<;1B0A<?F29C25O0B9<12@/9<>B2.1<
C29<061.1=<?12/.7<12J 8:529?29N./62?A<29=<?AQ;A?.@2?<@2=<;22;%$1B?.;A2.=?<E6:.1.:2;A2 @24B;1<0<;
%=<12?%$< $%$
)6;2:/.?4<@2=<;22;%$0B.;1<9.C29<061.1129C25O0B9<2@6;32?6<?.
J 8:50<; $%$

9?29N./62?A<29=<?AQ;A?.@2?<@2.=.4.6;:216.A.:2;A212@=BN@129.=B2?A.1290<;1B0A<?2@AM/9<>B2.1<<9.C29<061.1129C25O0B9<.9A<8:50<; $
$1B?.;A2@B3B;06<;.:62;A<
)6;2:/.?4<29#;<3B;06<;.@6@2=B9@.296;A2??B=A<?12.=2?AB?.129=<?AQ;A?.@2?<0B.;1<9.C29<061.1129C25O0B9<2@
@B=2?6<?.8:5
./62?A.129.=B2?A.=<@A2?6<?(!)12@/9<>B2.?:<1<1216@B.@6Q;12@.?:.1<U9.=B2?A.=<@A2?6<?129.@2P.9./62?A.129.=B2?A.=<@A2?6<?U
./62?A<
W /5-87=;85./5+-869>/;=+=;+</;+/7-87$

B.;1<@2=B9@.296;A2??B=A<?12=<?AQ;A?.@2?<1B?.;A2:M@12 @24B;1<@0<;9.=B2?A.1290<;1B0A<?F29C25O0B9<12@/9<>B2.1<
C29<061.1=<?12/.7<12J 8:529?29N./62?A<29=<?AQ;A?.@2?<@2=<;22;%$1B?.;A2.=?<E6:.1.:2;A2 @24B;1<

9?29N./62?A<29=<?AQ;A?.@2?<@2.=.4.6;:216.A.:2;A212@=BN@129.=B2?A.1290<;1B0A<?2@AM/9<>B2.1<<9.C29<061.1129C25O0B9<.9A<8:51B?.;A2@B
3B;06<;.:62;A<

B.;1<@2=B9@.296;A2??B=A<?129.=B2?A.A?.@2?.129.A209.6;A29642;A22;:<1<1216@B.16?.9<@9.1?<;2@<0<;9.A209.6;A29642;A212A20A.1<=<?9..;A2;.
2EA2?6<?29)!#C2?6360.9.99.C26;A29642;A2F12@.?:.29=<?AQ;A?.@2?<@<9.:2;A2
B.;1<29=<?AQ;A?.@2?<2@AM./62?A<F02??.1<29@6@A2:.2;A?.2;29:<1<
1216@B.16?.9<@9.1?<;2@12;B2C<
)6296;A2??B=A<?129.=B2?A.A?.@2?.;<@2BA696G.1B?.;A2@24B;1<@29@6@A2:.A.:/6N;9<5.02

9#0<:=?B2/.>B29.99.C26;A29642;A22@C2?6360.1<2;292>B6=.725./6A.06Q; @24B;1<12@=BN@12>B229=<?AQ;A?.@2?<02??.1<2@12A20A.1.=<?296;A2??B=A<?
12.=2?AB?.129=<?AQ;A?.@2?<0<;12@0<;2E6Q;129..96:2;A.06Q;
)65.FB;.99.C26;A29642;A2C2?6360.1<2;9.@.9.122>B6=.720B.;1<29=<?AQ;2@AM./62?A<F02??.1<2;29:<1<.;A6??</<29
GB:/.1<?2EA2?;<@B2;.1B?.;A2@24B;1<@
B.;1<9.=?2;@.0<;A?<9.1<?1296;A2??B=A<?12.=2?AB?.129=<?AQ;A?.@2?<0<;2936;12/B@0.?9.99.C26;A29642;A229#12@.0A6C.9.02??.1B?.12:.;2?.>B2@2=B21.
./?6?29=<?AQ;A?.@2?<.=2@.?12>B29.=B2?A.1290<;1B0A<?2@AM/9<>B2.1.
#.;A62;229:<1<2;2@=2?.=.?.9..=2?AB?.@6;C2?6360.06Q;

./+5+;6++7=3;;8,8
W ./-87=;85./+5+;6++7=3;;8,8/7<37$

;A?.?2;29:<1<12.;A6??</<=<?0<;A?<9?2:<A<(!)
B.;1<@2?206/29.@2P.912/9<>B2<129.=B2?A.0<;9.99.C2?2A6?.1.A<1.@9.@=B2?A.@6;09BF2;1<=<?AQ;A?.@2?<F29:<A<?120.:=.;.02??.1.A<1.@9.@
=B2?A.@@2/9<>B2.;F@2.0A6C.29:<1<1216@B.16?.9<@9.1?<;2@
;2@A2:<:2;A<9.@9B02@16?2006<;.92@=.?=.12.;1<@C202@
B.;1<@2=B9@.296;A2??B=A<?12/9<>B2<129.A209.120<;A?<9?2:<A<12;B2C<2;@24B;1<@9.@9B02@16?2006<;.92@=.?=.12.;1<@C202@F9./<06;.
@B2;.B;.C2G2;29:<1<12.;A6??</<
;<A?.@=.9./?.@0B.;1<@2=B9@.29/<AQ;12/9<>B2<129.=B2?A.B;.C2GA<1.@9.@=B2?A.@2@AM;02??.1.@F9.@
9B02@16?2006<;.92@=.?=.12.;@<9.:2;A21<@C202@F<A?.=?2;@.2;@24B;1<@5.02>B29.@9B02@16?2006<;.92@=.?=.12.;1<@C202@F/<06;.129.
.9.?:.@<;.?MB;.C2G
B.;1<@2?206/29.@2P.912/9<>B2<129.=B2?A.0<;0B.9>B62?=B2?A.2E02=A<29=<?AQ;A?.@2?<F290.=Q129:<A<?@2./?2;9.@
=B2?A.@@212@/9<>B2.;6;:216.A.:2;A212@=BN@12/9<>B2.?2;=?6:2?9B4.?

B.;1<@2?206/29.@2P.912/9<>B2<129.=B2?A.0<;9.=B2?A.A?.@2?../62?A.<0.=Q129:<A<?9.@=B2?A.@2@AM;02??.1.@@62@AM;./62?A<@
=2?<29:<1<.;A6??</<;<2@AM.0A6C.1<
)6;2:/.?4<0B.;1<@2062??.29=<?AQ;A?.@2?<<0.=Q129:<A<?./62?A<29:<1<12.;A6??</<@2
.0A6C.0<;1<@=.?=.12<@129B02@16?2006<;.92@
)6B;.=B2?A.<29=<?AQ;A?.@2?<;<@2./?2B;=9.G<12@24B;1<@12@=BN@1212@/9<>B2.?
9.@=B2?A.@0<;99.C2.16@A.;06.2;29:<1<.;A6??</<A<1.@9.@=B2?A.@@2/9<>B2.;.BA<:MA60.:2;A212;B2C<?2 /9<>B2<123B;06<;2@
9
2;A?.?2;29:<1<1216@=<@6A6C<0<;A?.?</<9.@9B02@16?2006<;.92@=.?=.12.;1<@C202@F9./<06;.@B2;.B;.C2G
9:<1<12.;A6??</<@2
=B212.0A6C.?@<9.:2;A20B.;1<@2@.A6@3.02;9.@0<;1606<;2@.;A2?6<?2@
E9:<1<1216@B.16?.9<@9.1?<;2@;<@2=B212.0A6C.?.9/9<>B2.?
9.@=B2?A.@0<;<7<129.02??.1B?.2;9.=B2?A.

912@.?:2=<?0<;A?<9?2:<A<(!)
B.;1<2912@/9<>B2<129.@=B2?A.@<2;02;12?296;A2??B=A<?122;02;161<2;9.=<@606Q;%$
B.;1<@2?206/29.@2P.91212@/9<>B2<12=B2?A.2;:<1<.;A6??</<A<1.@9.@=B2?A.@@212@/9<>B2.;F9.@9B02@16?2006<;.92@=.?=.12.;
B;.C2G9./<06;.;<@B2;.
B.;1<@2?206/29.@2P.91212@/9<>B2<12=B2?A.0<;29:<1<12.;A6??</<12@.?:.1<9.@9B02@16?2006<;.92@=.?=.12.;B;.
C2G290B2?;<;<@B2;.

;29:<1<1216@B.16?.9<@9.1?<;2@
#</@2?C.9.@@64B62;A2@0<;1606<;2@0<;A6;B.:2;A2
0<;2E6Q;129./.A2?O.3?<;A.9
=B2?A.12=<?AQ;A?.@2?<./62?A<A?.@2?<
./62?A<=B2?A.@/9<>B2<12@/9<>B2<
0.=Q129:<A<?./62?A<

"..0A6C.06Q;129..9.?:..;A6??</<
B.;1<0B.9>B62?.129.@=B2?A.@=<?AQ;A?.@2?<<290.=Q129:<A<?2@AM./62?A<2;:<1<.;A6??</<0B.;1<12@/9<>B2.?29
6;A2??B=A<?12/9<>B2<129.=B2?A.2;29:<1<1216@B.16?.9<@9.1?<;2@
9./?6?B;.=B2?A.12@=BN@129.36;.96G.06Q;129..9.?:..;A6??</<=<?@24B;1<@<?;F9.@2P.91246?<9M:=.?.@<=2?.;
1B?.;A2@24B;1<@0<;296;A2?C.9<12@%$%@

0<;1606<;2@12@.?:212:<1<16@B.@<?6<12?</<
9=B9@.?0B.9>B62?6;A2??B=A<?/9<>B2<12@/9<>B2<=M;60<2;9.A209.12:.;1<.16@A.;06.1B?.;A29..9.?:..;A6??</<9..9.?:.@212A62;2@B
3B;06<;.:62;A<
946?.?296;A2??B=A<?122;02;161<.9.=<@606Q;%$1B?.;A29..9.?:..;A6??</<9..9.?:.@212A62;2@B3B;06<;.:62;A<
&.?.B;C25O0B9<0<;@6@A2:.12/9<>B2<12.??.;>B29..9.?:.@212A62;212@=BN@129.A2?:6;.06Q;129..BA<?6G.06Q;
&.?.C25O0B9<@6;@6@A2:.12/9<>B2<12
.??.;>B29..9.?:.=2?:.;2022;02;161.1B?.;A2@24B;1<@
946?.?296;A2??B=A<?122;02;161<.9.=<@606Q;%$1B?.;A29..9.?:..;A6??</<9..9.?:.@212A62;2F29:<1<1216@=<@6A6C<0<;A?.?</<@2
12@.0A6C.12@=BN@12@24B;1<@A62:=<?2@A.;A2
)6;<5.F;6;4B;.0<::2;112@.?:29..9.?:.=2?:.;2022;02;161.1B?.;A2
@24B;1<@F29:<1<1216@B.16?.9<@9.1?<;2@0<;A6;R.

%=2?.06Q;0B.;1<@212@.?:.
"./<06;.F9.@9B02@16?2006<;.92@12A62;2;@B<=2?.06Q;

92@A.1<1216@B.@6Q;?</<12.9.?:.@2.9:.02;.2;9.&(%#F29@24B6:62;A<2@@24B61.=<?9.<=2?.06Q;0B.;1<@2
0<;20A.9./.A2?O.

W ./-87=;85./+5+;6++7=3;;8,8/7-87$

92;A?.?2;29:<1<12.;A6??</<=<?0<;A?<9?2:<A<99.C26;A29642;A2
B.;1<@2?206/29.@2P.912/9<>B2<129.=B2?A.12@12290<;A?<9?2:<A<1299.C26;A29642;A20<;29@B:6;6@A?<122;2?4O.<%$F29=<?AQ;
A?.@2?<F29:<A<?120.:=.;.02??.1.9.@=B2?A.@2@AM;02??.1.@F@2.0A6C.29:<1<1216@B.16?.9<@9.1?<;2@
;2@A2:<:2;A<9.@9B02@
16?2006<;.92@=.?=.12.;1<@C202@F29GB:/.1<?2EA2?6<?@B2;.B;.C2G.6;A2?C.9<@0<;:@%$:@%

)!#@2.=.4.29C25O0B9<F2;CO.
9.@2P.90B.;1<%$
9#12@/9<>B2.?9.@=B2?A.@6;:216.A.:2;A212@=BN@12/9<>B2.?=?6:2?<@6;5.02?3B;06<;.?9.9M:=.?.12@2P.91246?<F29GB:/.1<?2EA2?6<?F
29@6@A2:.;<2;A?.?M2;29:<1<12.;A6??</<@6;<@2?206/29.@2P.912/9<>B2<129.=B2?A.129:.;1<.16@A.;06.99.C26;A29642;A20B.;1<9.=B2?A.
1290<;1B0A<?@212@/9<>B2.F0B.9>B62?129.@=B2?A.@2@AM./62?A.
".@02??.1B?.@12#A<1.@9.@=B2?A.@F29@6@A2:.;<2;A?.2;29:<1<1216@B.16?.9<@9.1?<;2@@6A<1.@9.@=B2?A.@2@AM;02??.1.@0B.;1<@2?206/2
9.@2P.912/9<>B2<129.=B2?A.129:.;1<.16@A.;06.99.C26;A29642;A20<;29=<?AQ;A?.@2?<F290.=Q129:<A<?./62?A<
)6;2:/.?4<@629=<?AQ;A?.@2?<F
290.=Q129:<A<?2@AM02??.1<9.@9B02@16?2006<;.92@=.?=.12.;1<@C202@29GB:/.1<?@B2;.B;.C2GF292EA2?6<?@26;A?<1B0229:<1<.;A6??</<
)6A<1.@9.@=B2?A.@=<?AQ;A?.@2?<<290.=Q129:<A<?2@AM./62?A<<296;A2??B=A<?122;02;161<;<2@AM2;9.=<@606Q;%$1B?.;A2@24B;1<@
12@=BN@12?206/6?9.@2P.91212@/9<>B2<12=B2?A.129:.;1<.16@A.;06.99.C26;A29642;A29.@=B2?A.@2@AM;02??.1.@.@BC2G9M:=.?.@12
@2P.96G.06Q;=.?=.12.;1<@C202@A6:/?22EA2?6<?@B2;.B;.C2GF29:<1<.;A6??</<@2.0A6C.12;B2C<
9:<1<12.;A6??</<@2=B212.0A6C.?@<9.:2;A20B.;1<@2@.A6@3.02;9.@0<;1606<;2@.;A2?6<?2@0<;2E02=06Q;12/9<>B2<:.;B.9

E9:<1<1216@B.16?.9<@9.1?<;2@;<@2=B212.0A6C.?.9/9<>B2.?9.@=B2?A.@0<;<7<129.02??.1B?.2;9.=B2?A.

92;A?.?2;29:<1<1216@B.16?.9<@9.1?<;2@=<?9.2;A?.1.=.@6C.)!#
B.;1<@2?206/29.@2P.91296;A2??B=A<?12:.;699.12=B2?A.2EA2?6<?0<;9..96:2;A.06Q;<%$29=<?AQ;A?.@2?<F290.=Q129:<A<?
02??.1.F9.=B2?A.1290<;1B0A<?./62?A.9.@=B2?A.@2@AM;02??.1.@F@2.0A6C.29:<1<1216@B.16?.9<@9.1?<;2@
;2@A2:<:2;A<9.@
9B02@16?2006<;.92@=.?=.12.;1<@C202@F29GB:/.1<?2EA2?6<?@B2;.B;.C2G.6;A2?C.9<@0<;:@%$:@%

)!#@2.=.4.29
C25O0B9<F2;CO.9.@2P.90B.;1<%$
9#12@/9<>B2.?9.@=B2?A.@6;:216.A.:2;A212@=BN@12/9<>B2.?=?6:2?<@6;5.02?3B;06<;.?9.9M:=.?.12@2P.91246?<F29GB:/.1<?2EA2?6<?F29
@6@A2:.;<2;A?.?M2;29:<1<12.;A6??</<@6;<@2?206/29.@2P.912/9<>B2<129.=B2?A.1296;A2??B=A<?12A6?.1<?129.=B2?A.2EA2?6<?0B.;1<9.
=B2?A.1290<;1B0A<?@212@/9<>B2.F0B.9>B62?129.@=B2?A.@2@AM./62?A.
".@02??.1B?.@12#A<1.@9.@=B2?A.@F29@6@A2:.;<2;A?.2;29:<1<1216@B.16?.9<@9.1?<;2@@6A<1.@9.@=B2?A.@2@AM;02??.1.@0B.;1<@2?206/29.
@2P.912/9<>B2<129.=B2?A.1296;A2??B=A<?129.:.;67.2EA2?6<?129.=B2?A.0<;9.=B2?A.A?.@2?.F290.=Q129:<A<?./62?A<
)6;2:/.?4<@629=<?AQ;
A?.@2?<F290.=Q129:<A<?2@AM02??.1<9.@9B02@16?2006<;.92@=.?=.12.;1<@C202@29GB:/.1<?@B2;.B;.C2GF292EA2?6<?@26;A?<1B0229:<1<
.;A6??</<
)6A<1.@9.@=B2?A.@=<?AQ;A?.@2?<<290.=Q129:<A<?2@AM./62?A<<296;A2??B=A<?122;02;161<;<2@AM2;9.=<@606Q;%$1B?.;A2@24B;1<@
12@=BN@12?206/6?9.@2P.91212@/9<>B2<12=B2?A.1296;A2??B=A<?129.:.;67.2EA2?6<?129.=B2?A.0<;9.=B2?A.1290<;1B0A<?02??.1.9.@=B2?A.@2@AM;
02??.1.@.@BC2G9M:=.?.@12@2P.96G.06Q;=.?=.12.1<@C202@29GB:/.1<?@B2;.B;.C2G2EA2?6<?F29:<1<.;A6??</<@2.0A6C.12;B2C<
9:<1<12.;A6??</<@2=B212.0A6C.?@<9.:2;A20B.;1<@2@.A6@3.02;9.@0<;1606<;2@.;A2?6<?2@0<;2E02=06Q;129.02??.1B?.=<?9.@2P.9120<;A?<9?2:<A<
1299.C26;A29642;A2
E9:<1<1216@B.16?.9<@9.1?<;2@;<@2=B212.0A6C.?.9/9<>B2.?9.@=B2?A.@0<;<7<129.02??.1B?.2;9.=B2?A.

;0.;A.1<?
)6;<@2?206/29.@2P.91212@/9<>B2<12=B2?A.129:.;1<.16@A.;06.99.C26;A29642;A20<;9..96:2;A.06Q;;69.@2P.91296;A2??B=A<?12:.;699.12=B2?A.
2EA2?6<?@2?206/20<;9.=B2?A.1290<;1B0A<?02??.1.9.@=B2?A.@@212@/9<>B2.;.@BC2G9M:=.?.@12@2P.96G.06Q;=.?=.12.;B;.C2GGB:/.1<?2EA2?6<?
@B2;.1<@C202@2;9<@6;A2?C.9<@0<;:@%$%:@F29:<1<12.;A6??</<2@AM12@.0A6C.1<

B.;1<@2?206/29.@2P.91212@/9<>B2<12=B2?A.0<;
29:<1<12.;A6??</<1212@.?:.1<29=.?=.12<9M:=.?.@12@2P.91246?<F29GB:/.1<?2EA2?6<?@<;61<@
B.;1<29=<?AQ;A?.@2?<2@AM./62?A<=<?9.@2P.912
6;A2??B=A<?./62?A<29=<?AQ;A?.@2?<@Q9<=<?AQ;A?.@2?<12@.?:.1<B.;1<@212A20A.C2?6360.1.99.C26;A29642;A2F29=<?AQ;A?.@2?<:.;B.92@./62?A.=<?9.
@2P.9126;A2??B=A<?./62?A<29=<?AQ;A?.@2?<@Q9<=<?AQ;A?.@2?<12@.?:.1<

B.;1<296;A2??B=A<?122;02;161<@20<9<0.2;9.=<@606Q;%$

;29:<1<1216@B.16?.9<@9.1?<;2@
#</@2?C.9.@@64B62;A2@0<;1606<;2@0<;A6;B.:2;A2
0<;2E6Q;129./.A2?O.3?<;A.9
=B2?A.12=<?AQ;A?.@2?<./62?A<A?.@2?<
./62?A<=B2?A.@/9<>B2<12@/9<>B2<
0.=Q129:<A<?./62?A<

"..0A6C.06Q;129..9.?:..;A6??</<
B.;1<0B.9>B62?.129.@=B2?A.@=<?AQ;A?.@2?<<290.=Q129:<A<?2@AM./62?A<2;:<1<.;A6??</<0B.;1<12@/9<>B2.?29
6;A2??B=A<?12/9<>B2<129.=B2?A.2;29:<1<1216@B.16?.9<@9.1?<;2@
9./?6?B;.=B2?A.12@=BN@129.36;.96G.06Q;129..9.?:..;A6??</<=<?@24B;1<@<?;F9.@2P.91246?<9M:=.?.@<=2?.;
1B?.;A2@24B;1<@0<;296;A2?C.9<12@%$%@

1C2?A2;06.?2>B6@6A<@120.;029.06Q;
"..9.?:..;A6??</<@212@.0A6C.=<?9.@@64B62;A2@@2P.92@$1B?.;A2@B3B;06<;.:62;A<:<1<12.;A6??</<
:.;A62;2
B.;1<9.=B2?A.2@AM./62?A.=<?290<;A?<9?2:<A<129.99.C26;A29642;A20B.;1<9.=B2?A.2@AM
/9<>B2.1<=<?0<;A?<9?2:<A<99.C26;A29642;A20B.;1<29=<?AQ;A?.@2?<2@AM./62?A<=<?0<;A?<9
?2:<A<99.C26;A29642;A20B.;1<9.=B2?A.=.@6C.2@AM12@/9<>B2.1<12/61<.9.12A2006Q;1299.C2
6;A29642;A20B.;1<9.=B2?A.A?.@2?.2@AM./62?A.12/61<.9.12A2006Q;1299.C26;A29642;A2B.;1<9.
.9.?:.12=M;60<2@.0A6C.1.=<?0<;A?<9?2:<A<99.C26;A29642;A2

946?.?296;A2??B=A<?122;02;161<.9.=<@606Q;%$1B?.;A29..9.?:..;A6??</<9..9.?:.@212A62;26;:216.A.:2;A2
946?.?296;A2??B=A<?122;02;161<.9.=<@606Q;%$1B?.;A29..9.?:..;A6??</<9..9.?:.@212A62;2F29:<1<1216@=<@6A6C<0<;A?.?</<@2
12@.0A6C.12@=BN@12@24B;1<@A62:=<?2@A.;A2
)6;<5.F;6;4B;.0<::2;112@.?:29..9.?:.=2?:.;2022;02;161.1B?.;A2@24B;1<@F29:<1<1216@B.16?.9<@9.1?<;2@0<;A6;R.

,<9C2?.2;A?.?2;29:<1<1216@=<@6A6C<0<;A?.?</<12@=BN@12=<?AQ;A?.@2?<./62?A<
)6A<1.@9.@=B2?A.@=<?AQ;A?.@2?<2E02=AB.;1<2@AM;2;:<1<12.;A6??</<F29#@2?206/29.@2P.9>B26;160.>B29.99.C26;A29642;A2
C2?6360.1<;<2@AM2;29C25O0B9<0B.;1<9.=B2?A.A?.@2?.@2062??.12;B2C<29@6@A2:.2;A?.2;29:<1<12.;A6??</<12;B2C<2;
@24B;1<
;2@A2:<:2;A<9.@9B02@16?2006<;.92@=.?=.12.;1<@C202@F29GB:/.1<?@B2;.B;.C2G2EA2?6<?=<?29#

%=2?.06Q;0B.;1<@212@.?:.
"./<06;.F9.@9B02@16?2006<;.92@12A62;2;@B<=2?.06Q;

%3/698.//<9/;+./-87=;85./5+?/7=+7+.//7/;1H+

946?.?9.99.C2122;02;161<.9.=<@606Q;%$29?29N129.C2;A.;699.@20<;20A.9..96:2;A.06Q;
9?29N129.C2;A.;699.29N0A?60.

:.;A62;22;02;161.1B?.;A2@24B;1<@6;09B@<0B.;1<@212A62;229:<A<?
)6;2:/.?4<29?29N129.C2;A.;699.29N0A?60.@2
.=.4..9./?6?B;.=B2?A.129.;A2?.
B.;1<29/9<>B2<129.=B2?A..0A6C.06Q;12:<1<16@B.@<?6<12?</<29?29N129.C2;A.;.

122;2?4O.@22;062;126;:216.A.:2;A2%
%/698;3C+.8;

)6296;A2??B=A<?12/9<>B2<12=B2?A.1290<;1B0A<?=.@.72?<@=B2?A.@=B2?A.@A?.@2?.@=<?AQ;A?.@2?<;<@20.:/6.1B?.;A2@24B;1<@0<;A<1<0<;1B0A<?129.
=B2?A.=.@.72?<=B2?A.A?.@2?<=B2?A.@=<?AQ;A?.@2?<02??.1<?2A6?.9.99.C2 $ F64;%29C25O0B9<2;A?.2;:<1<12@B@=2;@6Q;=.?.29@6@A2:.120<??62;A2
0<?A.1.

)60B.9>B62?.129.@0<;1606<;2@2;9.2A.=. ;<@20B:=92@2.0A6C.29:<1<1212@=2?A.1<?@6@A2:.
B.;1<9.@.961.A.90<:<9M:=.?.125./6A.06Q;

69B:6;.06Q;129.@A209.@.4B72?<9B02@A?.@2?.@FC2;A.;.122;2?4O.2@AM.0A6C.;1<<A<1.@9.@=B2?A.@:.;A2;2?02??.1<1B?.;A2@24B;1<@12@=BN@129.
=B2?A.@212@/9<>B2.=.?.9.@0<;1606<;2@2;9.2A.=. 29@6@A2:.2@AM2;29:<1<;<?:.9
;A<;02@@6;<5.FB;0.:/6<12;A?<12@24B;1<@0<;A<1.@9.@
0<;1606<;2@12@.961.F0<;1606<;2@96@A.@96/2?.1<@FA<1.@9.@=B2?A.@02??.1.@@2.0A6C.29:<1<12@B@=2;@6Q;
92;02;12?296;A2??B=A<?129.9M:=.?.5./6A.06Q;12.??6/.9.@9M:=.?.@129.@5./6A.06<;2@12.??6/.@22;062;12;1B?.;A2 :6;BA<@F@2.=.4.;F29:<1<

122@=2?.@2.0A6C.12@=BN@12@24B;1<@
B.;1<9.@0<;1606<;2@129BG>B2C62;2;.0.@.%2@AM;@.A6@3205<@@2.0A6C.29:<1<12@B@=2;@6Q;
;2@A.0<;1606Q;.9./?6?B;.

=B2?A.<6;@2?A.?9.99.C22;<7<129.02??.1B?.@212@.0A6C.29:<1<12@B@=2;@6Q;

37=/;63=/7=/9+;9+./+7.8>7-3J7
W 858:>//5-87=;85./5+5F69+;+./</I+5

B.;1<29#@2?206/29.@2P.91296;A2??B=A<?12:R9A6=92@3B;06<;2@>B2<=2?.9.9M:=.?.12@2P.91246?<F29GB:/.1<?6;A2?6<?
0<;9<@6;A2?C.9<@12:@%$%:@=.?.C202@:6;
".@9B02@16?2006<;.92@2@AM;2;3B;06<;.:62;A<@Q9<0B.;1< $

2@AM2;%$

)69.9M:=.?.12@2P.91246?<2@12320AB<@<1B?.;A2@B3B;06<;.:62;A<9.9M:=.?.=.?=.12.@2P.91246?<0<;9<@6;A2?C.9<@12:@%$:@%
=.?. :6;F29GB:/.1<?6;A2?6<?@<;61<@0<;:6@:<6;A2?C.9<
0<;1606<;2@12320AB<@.@=<?#%=2; =<?12/.7<129.0.?4.12)5<?A @</?2
0.?4.120.?4.@64;6360.9.0.?4.129M:=.?..>BO
92;02;12?296;A2??B=A<?12@2P.91246?<9.9M:=.?.=.?=.12.C202@=<?29#
9.=.4.?296;A2??B=A<?1B?.;A29.<=2?.06Q;9.

9M:=.?.12@2P.91246?<=.?=.12.C202@F@2.=.4.
9.=.4.?F9B24<6;:216.A.:2;A22;296;A2??B=A<?12@2P.91246?<1B?.;A229.BA<3B;06<;.:62;A<12C202@29=.?=.12<9.9M:=.?.12@2P.91246?<

=.?=.12.C202@.1606<;.92@
92;02;12?<A?<6;A2??B=A<?12@2P.91246?<1B?.;A29.<=2?.06Q;9.9M:=.?.12@2P.91246?<<=2?.1<.0AB.9:2;A2@212A62;26;:216.A.:2;A2F<A?.

9M:=.?.12@2P.91246?<2:=62G..=.?=.12.?

W -87=;85./5+5F69+;+./</I+5./13;8+5+./;/-2+

B.;1<29#@2?206/29.:B9A63B;06Q;46?<.9.12?205.@2P.91296;A2??B=A<?129.9M:=.?.12@2P.9>B2<=2?.9.9M:=.?.12@2P.91246?<.9.12?205.
F29GB:/.1<?6;A2?6<?0<;9<@6;A2?C.9<@12:@%$:@%=.?.C202@:6;
9.=.4.?296;A2??B=A<?12@2P.91246?<.9.12?205.1B?.;A2@B
3B;06<;.:62;A<9.9M:=.?.12@2P.91246?<F29GB:/.1<?12A2;2?9.<=2?.06Q;

".@9B02@16?2006<;.92@2@AM;2;3B;06<;.:62;A<@Q9<0B.;1< $ 2@AM2;%$

)69.9M:=.?.12@2P.91246?<2@12320AB<@<1B?.;A2@B3B;06<;.:62;A<9.9M:=.?.=.?=.12.@2P.91246?<0<;9<@6;A2?C.9<@12:@%$:@%
=.?. :6;F29GB:/.1<?6;A2?6<?@<;61<@0<;:6@:<6;A2?C.9<
0<;1606<;2@12320AB<@.@=<?#%=2; =<?12/.7<129.0.?4.12)5<?A @</?2

0.?4.120.?4.@64;6360.9.0.?4.129M:=.?..>BO

92;02;12?296;A2??B=A<?12@2P.91246?<9.9M:=.?.=.?=.12.C202@=<?29#
9.=.4.?296;A2??B=A<?1B?.;A29.<=2?.06Q;9.
9M:=.?.12@2P.91246?<=.?=.12.C202@F@2.=.4.

9.=.4.?F9B24<6;:216.A.:2;A22;296;A2??B=A<?12@2P.91246?<1B?.;A229.BA<3B;06<;.:62;A<12C202@29=.?=.12<9.9M:=.?.12@2P.91246?<
=.?=.12.C202@.1606<;.92@

92;02;12?296;A2??B=A<?12@2P.91246?<.9.6G>B62?1.1B?.;A2293B;06<;.:62;A<129.9M:=.?.12@2P.91246?<.9.12?205.9.9M:=.?.12@2P.91246?<.9.
12?205.@212A62;26;:216.A.:2;A2F9.9M:=.?.12@2P.91246?<.9.6G>B62?1.2:=62G..=.?=.12.?

W -87=;85./537=/;;>9=8;./5+<5>-/<.//6/;1/7-3+

B.;1<@2=B9@.296;A2??B=A<?129.@9B02@122:2?42;06.9.@9B02@16?2006<;.92@6G>B62?1.12?205.=.?=.12.;0<;9<@6;A2?C.9<@12:@%$:@.=.4.1<
=.?.:6;F29GB:/.1<?6;A2?6<?@<;61<@0<;:6@:<6;A2?C.9<

B.;1<@2=B9@.296;A2??B=A<?129.@9B02@122:2?42;06.12;B2C<1B?.;A2@B3B;06<;.:62;A<9.@9B02@16?2006<;.92@F5<?;12A2;2?9.<=2?.06Q;

@A.3B;06Q;2@AM16@=<;6/92@69./.A2?O.2@AM0<;20A.1.

)69.9M:=.?.12@2P.91246?<2@12320AB<@<1B?.;A2@B3B;06<;.:62;A<9.9M:=.?.6G>B62?1.=.?=.12.@2P.91246?<0<;296;A2?C.9<12:@%$%:@
:6;F29GB:/.1<?6;A2?6<?@<;61<@0<;:6@:<6;A2?C.9<
".A<92?.;06.2;A?29.9M:=.?.12@2P.91246?<6G>B62?1.F9M:=.?.12@2P.91246?<.9.12?205.12/2
@2?6;32?6<?. :@
".9BG6;A2?:6A2;A2122:2?42;06.A62;2=?6<?61.1@</?29.9M:=.?.12@2P.91246?<
&?6<?61.1129.@9B02@122:2?42;06.2@29@64B62;A2

?20<?1.A<?6<1206;AB?Q;12@24B?61.1.C6@<1299.C2*205<@<9.?"M:=.?.120<9.9B02@122:2?42;06.9M:=.?.12@2P.91246?<

W -87=;85./37.3-+.8;./5+<5>-/<.//6/;1/7-3+

B.;1<@2=B9@.296;A2??B=A<?129.@9B02@122:2?42;06.296;160.1<?129BG6;A2?:6A2;A2122:2?42;06.=.?=.12.0<;296;A2?C.9<12:6;

9=B9@.?299B02@122:2?42;06.12;B2C<0.:/6.?1B?.;A29.2A.=. 296;160.1<?@212A62;2@B3B;06<;.:62;A<
@A.3B;06Q;2@AM
16@=<;6/92@69./.A2?O.2@AM0<;20A.1.
W /5-87=;85./5+<5>-/<.//6/;1/7-3++>=86F=3-8

B.;1<9.9BG6;A2?:6A2;A2122:2?42;06..BA<:MA60<2@<=2?.1<1B?.;A2 H@24B;1<@296;160.1<?129BG6;A2?:6A2;A2122:2?42;06.=.?=.12.C202@

B.;1<9.9BG6;A2?:6A2;A2122:2?42;06..BA<:MA60<2@<=2?.1<1B?.;A2:M@12@24B;1<@296;160.1<?129BG6;A2?:6A2;A2122:2?42;06.=.?=.12. C202@

".9BG6;A2?:6A2;A2122:2?42;06.A62;2=?6<?61.1@</?29.9BG6;A2?:6A2;A2122:2?42;06..BA<:MA60<F.:/<@A62;2;9.:6@:.3?20B2;06.129<@12@A299<@
@A.3B;06Q;
@Q9<2@AM16@=<;6/920B.;1<9.99.C2122;02;161<2@AM2;9.=<@606Q;%$

B.;1<296;A2??B=A<?122;02;161<@20<9<0.2;=<@606Q;12.=.4.1<1B?.;A2@B3B;06<;.:62;A<9.9BG6;A2?:6A2;A2122:2?42;06..BA<:MA60<@212A2;1?M9.

<=2?.06Q;
".9BG6;A2?:6A2;A2122:2?42;06.12A62;2293B;06<;.:62;A<A.;=?<;A<0<:<@2?206/29.@2P.91296;A2??B=A<?129.9M:=.?.12@2P.91246?<9B02@122:2?42;06.1B?.;A2

2@A.<=2?.06Q;
)6296;A2??B=A<?129.9M:=.?.12@2P.91246?<2@AM2;02;161.9.9BG6;A2?:6A2;A2122:2?42;06..BA<:MA60<;<3B;06<;..=2@.?12>B2@2?206/2@B@2P.9

W -87=;85./5+<5>-/<.//6/;1/7-3+.//6/;1/7-3+4>7=8-87$

16@=<@606Q;129@6@A2:.

<;1606<;2@123B;06<;.:62;A<B.;1<@2?206/29.9BG6;A2?:6A2;A2122:2?42;06.122:2?42;06..0A6C.1<@2P.9129)&F)
B.;1<@2?206/29.
@2P.912=.?.1.122:2?42;06..A?.CN@129.0<:B;60.06Q;&$=.?=.12.0<;296;A2?C.9<12GF0B.;1<@2?206/212A2;2?9.=.?.1.122:2?42;06.
129.@2P.9.A?.CN@129.0<:B;60.06Q;&$=.?=.12.0<;296;A2?C.9<12 GC29<061.1123B;06<;.:62;A<;<?:.9
)6;2:/.?4<9.<=2?.06Q;:.;B.91296;A2??B=A<?A62;2=?6<?61.1@</?22@A.3B;06Q;
&?6<?61.1
9.@9B02@122:2?42;06.:.;B.9@2P.912=.?.1.122:2?42;06.9B02@122:2?42;06..BA<:MA60<2:2?42;06.BA<=2964?<126;A2?:6A2;06.
)69.@2P.912=.?.1.122:2?42;06.@2?206/2.A?.CN@129.0<:B;60.06Q;&$1B?.;A29.<=2?.06Q;129.@9B02@122:2?42;06.@2.;B9.9.@2P.9
)6
@2?206/29.@2P.9129.@9B02@122:2?42;06.122:2?42;06.1B?.;A29.<=2?.06Q;:B9A63B;06Q;9B02@122:2?42;06..BA<:MA60<<:B9A63B;06Q;9B02@12
2:2?42;06..BA<:MA60.2@?206/61<1B?.;A2293B;06<;.:62;A<122:2?42;06.9B02@122:2?42;06.2:2?42;06.=.?.1.@2992C..0./<
B.;1<@2?206/2
9.@2P.912=.?.1.122:2?42;06.9.9BG6;A2?:6A2;A2122:2?42;06.=.?=.12.0<;296;A2?C.9<12GCB29C22;A<;02@.9.C29<061.112<=2?.06Q;
;<?:.9
2@=BN@122@<@69.@2P.912=.?.1.122:2?42;06.@2?206/212;B2C<9.9BG6;A2?:6A2;A2122:2?42;06.122:2?42;06.=.?=.12.0<;29
6;A2?C.9<12C202@@24

0<;1606<;2@%
9#=.?=.12.9.9BG6;A2?:6A2;A2122:2?42;06..BA<:MA60<122:2?42;06.0<;296;A2?C.9<12 C202@@24

".9BG6;A2?:6A2;A2122:2?42;06.122:2?42;06.;<3B;06<;.@69.C29<061.1129C25O0B9<2@12:M@128:50B.;1<@2?206/29.@2P.912=.?.1.
122:2?42;06.
".9BG6;A2?:6A2;A2122:2?42;06.122:2?42;06.3B;06<;.@69.C29<061.1129C25O0B9<2@128:5<:M@/.7<0B.;1<@2?206/29.@2P.912=.?.1.
122:2?42;06.
B.;1<9.C29<061.1129C25O0B9<.B:2;A.:M@>B2 8:5=<?2;06:.129.C29<061.10B.;1<@2?206/29.@2P.91B?.;A2293B;06<;.:62;A<=<?9.@2P.912
3?2;.1<122:2?42;06.9.9BG6;A2?:6A2;A2122:2?42;06.122:2?42;06.12A62;2293B;06<;.:62;A<
946?.?9.@9B02@122:2?42;06.122:2?42;06.2;%
1B?.;A29.<=2?.06Q;=<?9.@2P.9123?2;.1<122:2?42;06.>B2@212A2;4.293B;06<;.:62;A<

)212@.0A6C..BA<:MA60.:2;A2 @24B;1<@12@=BN@12@69<@.?AO0B9<@F.;A2?6<?2@;<@20B:=92;1B?.;A2293B;06<;.:62;A<=<?9.@2P.912
3?2;.1<122:2?42;06.
)6;<@2?206/29.@2P.9:B9A63B;06Q;9B02@122:2?42;06..BA<:MA60.1B?.;A29.<=2?.06Q;=<?9.@2P.9123?2;.1<122:2?42;06.@2
=B212.;B9.?

#+B=36/#>7737187=;85./5>C

B.;1<@2?206/29.@2P.912.0A6C.06Q;("9.@9B02@A?.@2?.@@22;062;12;0B.;1<@22;062;12296;A2??B=A<?122;02;161<.9.
=<@606Q;%$F9<@3.?<@@22;062;12;0B.;1<9.C29<061.1129:<A<?2@12?=:<@B=2?6<?

92;02;12?296;A2??B=A<?129.9M:=.?.120<9.1B?.;A2293B;06<;.:62;A<129:<A<?9<@3.?<@2@AM;.=.4.1<@
"<@3.?<@;<@22;062;12;0B.;1<

9.C29<061.1129:<A<?2@AM=<?2;06:.12?=:0<;9.9M:=.?.120<9.2;0A6C.?

9@2;@<?129BG.BA<:MA60<;<2@AM16@=<;6/922;29C25O0B9<0<;29@6@A2:.("
)6;<5.F@2P.912.0A6C.06Q;

("29@6@A2:.129BG<=2?.2;0<;1606<;2@;<?:.92@
87=;8573/,5+./5+5F69+;+
".@9B02@.;A6;62/9.A?.@2?.@@2.=960.;@Q9<.9.?246Q;129.+

B.;1<@2=B9@.296;A2??B=A<?129.9M:=.?..;A6;62/9.A?.@2?.0<;64;%$3.?<129.0<;1606Q;9.@9B02@.;A6;62/9.A?.@2?.@2@AM;.0A6C.1<@
B.;1<@2=B9@.29
6;A2??B=A<?129.9M:=.?..;A6;62/9.A?.@2?.12;B2C<1B?.;A29.<=2?.06Q;9.@9B02@.;A6;62/9.A?.@2?.@2@AM;.=.4.1<@

".@9B02@.;A6;62/9.A?.@2?.@;<@22;062;12;0B.;1<296;A2??B=A<?64;2@AM2;9.=<@606Q;%<296;A2??B=A<?129.9BG2@AM.=.4.1.

".@9B02@.;A6;62/9.A?.@2?.@;<12/2;2;A?.?12;B2C<.BA<:MA60.:2;A2@6@25.;12@.0A6C.1<=<?0B.9>B62?<A?<:216<>B2;<@2.29
6;A2??B=A<?

87=;85./5>C+>=86F=3-8

9#@20<:B;60.0<;29@2;@<?129BG.BA<:MA60<.946?.?296;A2??B=A<?122;02;161<.9.=<@606Q;%$F0<;A?<9.9.@9B02@
A?.@2?.@F9<@3.?<@2;3B;06Q;129<@1.A<@" $0<;29+*%6;A2??B=A<?129BG

#/=;8?3<8;/A=/;38;95/1+,5/-87=;85./5./<953/1>/
W -87=;85./95/1+.8./<95/1+.8

9=B9@.?29@2920A<?12@=9624B22@=27<=924./920<; $%$9<@2@=27<@@2=9624.;<12@=9624.;12.0B2?1<0<;9.
0<;1606Q;122@=27<
)6292@=27<?2A?<C6@<?2EA2?6<?@2=9624.292@=27<12/2@2?
12@=924.1.FC602C2?@.
).961.12@=9624B2=924./92@2.0A6C.1B?.;A2 J@24B;1<@

@A2A62:=<123B;06<;.:62;A<12/2992C.?.0./<6;09B@<0B.;1<296;A2??B=A<?122;02;161<@20<9<0.2;=<@606Q;12.=.4.1<1B?.;A2@B3B;06<;.:62;A<

;=?2;@.1<=<?=?6:2?.C2G29=924.1<2@=27<6;A2??B=A<?1212@=9624B212@=BN@12C<9C2?.0<;20A.?9./.A2?O.@2?2.96G.9.<=2?.06Q;2@=27<
./.A6/92

)2=B2120<;A?<9.?9.=<@606Q;1292@=27<12;A?<129<@=?6:2?<@@24
12@=BN@12.=.4.?9.64;606Q;
;<A?.@=.9./?.@2@A20<;A?<912/22@A.?16@=<;6/921B?.;A2
@24B;1<@=2?O<1<12A62:=<>B2A?.;@0B??212@=BN@122;02;12?296;A2??B=A<?122;02;161<2;9.=<@606Q;%
&924.1<12@=924.1<@20<:=92A.0B.;1<29A62:=<
12?2A.?1<12@24B;1<@A?.;@0B??2;1B?.;A29.<=2?.06Q;

B.;1<@2?206/229=924.1<12@=924.1<129.@2P.91B?.;A229<=2?.06Q;1212@=924.1<12=924.1<2@=27<9.@.961.12/2@2?.0A6C.1<12@=BN@12>B2
A62;2?2A?.@<12A62:=<12 @24B;1<@
".<=2?.06Q;12=924.1<12@=924.1<@2992C..0./<6;12=2;162;A2:2;A2129.C29<061.1129C25O0B9<
#.;B.912<=2?.06Q;
@=27<12@1</9QU@=27<@2P.912=924.1<12@=924.1<1296;A2??B=A<?U2@=27<./.A6/92
@=27<1</9.1<U2@=27<12=924.1<12@=924.1<@2P.91296;A2??B=A<?122@=27<12@=9624B2U

W 95/1+,5/>=8-87=;85././<953/1>/

7B@A2
)2A3B;06Q;12=924.1<.BA<:MA60<B.;1<@2=B9@.296;A2??B=A<?122@=27<./.A6/92=<?:M@12@24B;1<@9.3B;06Q;12=924.1<.BA<:MA60<
@22@A./9202F29GB:/.1<?6;A2?;<@B2;.B;.C2G%$ @24%@24
(292.@23B;06Q;12=924.1<.BA<:MA60<B.;1<@2=B9@.29
6;A2??B=A<?122@=27<./.A6/92=<?:M@12@24B;1<@9.3B;06Q;12=924.1<.BA<:MA60<@22@A./9202F29GB:/.1<?6;A2?;<@B2;.1<@C202@
%$ @24%@24

@20B2;06.12=924.1<BA<
B.;1<@2?206/29.@2P.912"%'+%129<@(!)29@6@A2:.<=2?.2;9.@20B2;06.12&B2?A.
/9<>B2.?U.0A6C.06Q;129:<1<12.;A6??</<U2@=27<./.A6/92=.?.#@6;)!#
B.;1<@2?206/29.@2P.91296;A2??B=A<?129.:.;67.2EA2?6<?129.=B2?A.<9.@2P.912/9<>B2<129.=B2?A.129.99.C26;A29642;A2
0<;A?<9?2:<A<29@6@A2:.3B;06<;.2;9.@20B2;06.129.=B2?A.12/9<>B2<U.;A6??</<12.0A6C.06Q;129:<1<U2@=27<
./.A6/92=.?.#0<;)!#

@20B2;06.1212@=9624B2.BA<:MA60<
B.;1<@2?206/29.@2P.912+$"%!129<@(!)29@6@A2:.<=2?.2;9.@20B2;06.12
2@/9<>B2<U:<1<1216@B.16?.9<@9.1?<;2@&B2?A.12@.0A6C.06Q;U@=27<12@=9624B2=.?.#@6;
)!#
B.;1<@2?206/29.@2P.91296;A2??B=A<?129.:.;67.2EA2?6<?129.=B2?A.<9.@2P.91212@/9<>B2<129.=B2?A.129.99.C26;A29642;A2
0<;A?<9?2:<A<29@6@A2:.3B;06<;.2;9.@20B2;06.1212@/9<>B2<12=B2?A.U.;A6??</<:<1<1212@.0A6C.06Q;U
@=27<12@=9624B2=.?.#0<;)!#

B.;1<@22@A./92029.3B;06Q;12=924.1<.BA<:MA60<2912@=9624B2.BA<:MA60<;<2@AM16@=<;6/92@69<@2@=27<@@25.;1</9.1<:.;B.9:2;A2
92@=27<?2A?<C6@<?2EA2?6<?@2=9624..BA<:MA60.:2;A2@6@22@A./92029.3B;06Q;12=924.1<.BA<:MA60<
9.7B@A2123M/?60.2@9.

>B2=2?:6A29.3B;06Q;12=924.1<.BA<:MA60<
./+9;8A36+-3J7-2+;-887=;85./5+5F69+;+
W <37$

$9.9BG12.02?0.:62;A<
B.;1<@2?206/29.@2P.91212@/9<>B2<;29:<1<1216@=<@6A6C<0<;A?.?</<9.@9B02@12.=?<E6:.06Q;@22;062;121B?.;A2@24B;1<@
946?.?9.99.C2120<;A.0A<2;%129.=<@606Q;F9..=2?AB?.129.=B2?A.1290<;1B0A<?9.@9B02@12.=?<E6:.06Q;@2
2;062;12

;3<>B2129.9M:=.?.%
B.;1<@2?206/29.@2P.912/9<>B2<129.=B2?A.0<;292;3<>B2"M:=.?.@9.@9M:=.?.@@2.=.4.;?2.0A6C.06Q;129:<1<12
16@B.16?.9<@9.1?<;2@
946?.?9.99.C2122;02;161<.9.=<@606Q;%$0<;292;3<>B2"M:=.?.@9.@9M:=.?.@@2.=.4.;
".@9B02@12.=?<E6:.06Q;@2.=.4.
12@=BN@12@24B;1<@

W -87$

$9.9BG12.02?0.:62;A<
946?.?9.99.C2120<;A.0A<2;%129.=<@606Q;F9..=2?AB?.129.=B2?A.1290<;1B0A<?9.@9B02@12.=?<E6:.06Q;@2
2;062;12
B.;1<@2?206/29.@2P.91212@/9<>B2<129:.;1<.16@A.;06.99.C26;A29642;A2<@2P.91296;A2??B=A<?129.:.;67.2EA2?6<?129.=B2?A.2;29:<1<
1216@B.16?.9<@9.1?<;2@9.@9B02@12.=?<E6:.06Q;@22;062;121B?.;A2@24B;1<@
B.;1<@2?206/29.@2P.9122;3<>B2+*%2;29:<1<12
16@=<@6A6C<0<;A?.?</<9.@9B02@12.=?<E6:.06Q;@22;062;121B?.;A2@24B;1<@

;3<>B2129.9M:=.?.%
B.;1<@2?206/29.@2P.912/9<>B2<129.=B2?A.129:.;1<.16@A.;06.99.C26;A29642;A2<@2P.91296;A2??B=A<?12A6?.1<?129.=B2?A.2EA2?6<?0<;9.@9B02@
12.=?<E6:.06Q;12%$9.@9M:=.?.@@2.=.4.;?2.0A6C.06Q;129:<1<1216@B.16?.9<@9.1?<;2@
946?.?9.99.C2122;02;161<.9.=<@606Q;%$0<;292;3<>B2"M:=.?.@9.@9M:=.?.@@2.=.4.;
".@9B02@12.=?<E6:.06Q;@2.=.4.
12@=BN@12@24B;1<@
87=;85./5C>6,+.8;
&?6<?61.1@<;9<@@64B62;A2@

!*!#! %#!#!%!<3<=/6+./78
/<-;39-3J71/7/;+5./5<3<=/6+
#62;A?.@>B29.0<:B;60.06Q;2;A?2#)!#F9.+@2/.@.2;9.0<:B;60.06Q;$9.0<:B;60.06Q;2;A?2A?.;@=<;121<?F#
)!#@2/.@.2;"/.7.3?20B2;06.F((.16<?20B2;06.
B.;1<296;A2??B=A<?122;02;161<@20<9<0.2;=<@606Q;%$29#
0<:=?B2/.29A?.;@=<;121<?C2?6360.1.12.0B2?1<0<;29=?<0216:62;A<12C2?6360.06Q;6;:<C696G.1<?@62@0<??20A.=2?:6A2>B229
C25O0B9<=.?..??.;0.?29:<A<?
96;160.1<?1296;:<C696G.1<?@22;062;121B?.;A29.0<:B;60.06Q;F@69.C2?6360.06Q;@2992C..0./<0<;
NE6A<296;160.1<?@2.=.4.
)65.F.94<:.92;29@6@A2:.296;160.1<?=.?=.12.
5+.3<98<3-3J7./5<3<=/6+

>7-387+63/7=8./53768?353C+.8;
B.;1<296;A2??B=A<?122;02;161<@20<9<0.2;9.=<@606Q;%$0<;09.C2(!)29#0<:=?B2/.290Q164<12063?.1<129.99.C2
6;@2?A.1.BA696G.;1<9..;A2;.6;:<C696G.1<?F2;CO.@629:<A<?2@6;606./92<;<.9.+129:<A<?.A?.CN@129.0<:B;60.06Q;$=.?.
>B229:<A<?=B21.@2?6;606.1<

-5+?/#$
+7=/7+3768?353C+.8;
5H7/+
&
&.?.29C25O0B9<0<;29/9<>B2<12.??.;>B2;<=B2125./2?B;=?</92:.2;29.??.;>B2129C25O0B9<<292??<?129@6@A2:.
B.;1<1<@<:M@99.C2@6;:<C696G.1<?.@2;A?.;2;0<;A.0A<0<;0.1.B;<<A?.@
B.;1<9.99.C22@AM02?0.120B.9>B62?16@=<@6A6C<12
2;CO<<?202=06Q;12<;1.@2920A?<:.4;NA60.@<0.:=<@16@A6;A<@129<@=?<1B0A<@12)@.;4F<;4
B.;1<9.99.C22@AM02?0.12A<1<@9<@16@=<@6A6C<@2920A?Q;60<@<29N0A?60<@A.92@0<:<2>B6=<@1269B:6;.06Q;9.@09.C2@12@24B?61.1<A.?72A.@12@24B?61.1
B.;1<9.99.C22@AM02?0.12B;</72A<:.4;NA60<<:2A.9<B;./.A2?O.

86987/7=/<./#$/B
&120<;A?<9?2:<A<
=9.0.09.C2
*.=.129./.A2?O.
A?.;@=<;121<?
".A2?.92@F120B/62?A.=?6;06=.9 .A2?O.(
W J68;//695+C+;5+,+=/;H+
(2A6?29.A.=.129./.A2?O.0<;B;12@A<?;699.1<?=9.;<=.?.?22:=9.G.?9./.A2?O.
W J68;//695+C+;=;+7<987./.8;
(2A6?29.0B/62?A.129./.A2?O.F9./.A2?O.
(2A6?29.A.=.124<:.F29A<?;699<.0<;A6;B.06Q;>B6A.?9.=9.0.120B/62?A.9.A2?.909.C2
'B6A.?F0B/62?A.=?6;06=.9(22:=9.G.?A?.;@=<;121<?
$<12720.2?<05<>B2.9A?.;@=<;121<?129.99.C2F.>B2=<1?O.1.P.?@2
<;B;A?.;@=<;121<?1.P.1<29:<A<?;<
=B212.??.;0.?
9/<??.?290Q164<<0B.;1<@2?246@A?.B;.99.C22EA?.=<?3.C<?.@6@A.2;29@6A6<
;0B.9>B62?0.@<29
@6@A2:.6;:<C696G.1<?;<=B212@2??2A6?.1.129C25O0B9<
)66;A2;A.>B6A.?F1.P.?29@6@A2:.12=.?A61.@2?M6:=<@6/92.@O
>B2;<6;A2;A212@:<;A.?1.P<@<:<16360.?9.
9:<A<?12.??.;>B2?2:<A<129:<A<?;<@2=B2126;@A.9.?2;29C25O0B9<2>B6=.1<0<;29@6@A2:.6;:<C696G.1<?

%"! %
E< ;8.,2/2,*,2F6
F7@E;W@@A?;@3> /
-7@E;W@678G@5;A@3?;7@FA /M / /

M /'
-7?B7D3FGD367AB7D35;A@
N3 N
?TFA6A67?A6G>35;W@ ,$
ADD;7@F7AE5GD3 ?GFA)?
:G?7636?SJ;?3
;EF3@5;3 ?A?SEE;F;A34;7DFA
%353U6367F7@E;W@ /A?7@AE
8D75G7@5;367D757B5;W@ O &"L.

O &"L!+
3@5:A6743@63 $"LO$"LA?7@AE

%#' %%&
%AEH7:U5G>AE5A@E;EF7?367>>3H7;@F7>;97@F77EFS@7CG;B36AE5A@>3G@;63667,$&,?3DF$7K&A6G>7>,$& CG7@AGF;>;L37>5A@FDA>36AD5>3H7A
D7?AFAFD36;5;A@3>B3D3355767D3>H7:U5G>A BDABAD5;A@38G@5;A@7E%38G@5;W@.'%($B3E;H334D7>3BG7DF367EBGTE675A@8;D?3D>3;@8AD?35;W@67
>>3H7;@F7>;97@F7K>3E5A@6;5;A@7E67>3BG7DF367>5A@6G5FAD5G3@6A7>5A@6G5FAD>>7H3G@3>>3H7;@F7>;97@F7FA53>3?3@;<367>3BG7DF3%38G@5;W@67
3DD3@CG7B3E;HACG73DD3@CG77>?AFAD5G3@6A7>;@F7DDGBFAD673DD3@CG77EBD7E;A@36ABAD7>5A@6G5FADE7@F36A7@7>3E;7@FA67>5A@6G5FAD%38G@5;W@
674>ACG7AB3E;H35;7DD3>3BG7DF35G3@6A7>;@F7DDGBFAD67?3@;<367>3BG7DF3E7BD7E;A@3BAD7>5A@6G5FAD67EBGTE67E3>;D67>H7:U5G>A
=62-*--.%
)=5+*-7:
62,27-.4,*5+27-. 26<.::=8<7:-.5*6244*-.8=.:<*
.@<.:27:A4**6<.6*

4*>.26<.420.6<. ;8*,27
6<.6*8*:*,179=.;<:*;.:7
6<.6*26<.:27:/:76<*4 6<.6*26<.:27:<:*;.:*

&$%$
\ *;8:26,28*4.;/=6,276.;
)3E;H3%($.'%($BAD8G7D3;@F7DDGBFAD67F;D36AD67>3BG7DF3B3E;H367E4>ACG73D7>
4>ACG7A67;@F7DDGBFAD34;7DFA7>BADFW@FD3E7DAB3E;H3,-+-BAD7>;@F7DDGBFAD,-+-

.67>?AFADK7>&5A?G@;535;W@'673>F3H7>A5;636 5G36DA67;@EFDG?7@FAEK>3
5A?G@;535;W@6743<3H7>A5;636'675A?G@;535;W@+ B3D3,?3DFD79;EFDA67>3>>3H7
;@F7>;97@F7F75>3678G@5;W@6736H7DF7@5;367>E;EF7?367AB7D35;W@+$,:3EF3>>3H7E

!"$! %
7-2/2,*,2F6
8:7,.;7-.,7-2/2,*,2F6
\ *,7-2/2,*,2F68*:*,*-*=62-*-

!8.:*,2F6,76;2644*>.26<.420.6<.-.:.02;<:7%
!#'!8*;2>* .4.;<*-7-..6,.6-2-7 "'%& $
%!#'! ,*5+27 !&!$
'G7HA
( H757E
D79;EFDA67>3>>3H7;@F7>;97@F7 ( (
+!#,-+(55E?7

>>3H7;@F7>;97@F7K7>55E?7
( ( (
D79;EFDA

7-2/2,*,2F6-.;8=D;-.;=;<2<=2:,75876.6<.;

>53?4;3D67>>3H7;@F7>;97@F7K,$&+79;EF7D>>3H7;@F7>;97@F7K&,>EGEF;FG;D

,&+79;EFDA55E?7
-.,76<:74-.87<.6,2*($
,;7>,$&@A7EFS5A6;8;536A7@34EA>GFA 7>5A@FDA>67BAF7@5;3E7D73>;L35A?AE;9G7
\ 76<:74-.87-.:
%35A6;8;535;W@7EFS6;EBA@;4>7EW>A5G3@6A7>7EF36A677@57@6;6A7EFS#!'('
\ .*::*69=.-.457<7:
,;7>,$&E77@5G7@FD37@7EF36AH;D97@ 7>3DD3@CG767>?AFADE7BG767D73>;L3D:3EF3 H757E
\ ,76<:74-.4*(2:0.687:&A.4,,;5.
,;@A:3K@;@9X@H3>AD675W6;9AH3D;3@F767>,&K@;@9X@H3>ADE73>?357@37@7>SD7367?7?AD;3;@35F;H367EBGTE67CG77>7EF36A67
7@57@6;6AE753?4;33#!'(' @AE77@HU3>3E7V3>67;@;5;A

';@9X@5W6;9AH3D;3@F77@>3?7?AD;3#!'('
A?BDA43D5W6;9A67H7DE;W@
55;A@3D7>;@F7DDGBFAD,-+-
A?BDA43D7>7EF36A677@57@6;6A

EA>;5;FG667;@;5;A

W6;9A67H7DE;W@3>?357@3637@>3?7?AD;3 G@5;A@3?;7@FA@AD?3>

=6,2F6-.44*>.26<.420.6<.
%3%($.'%($B3E;H3E7>>7H33534A?76;3@F7>37@FD36367>;@F7DDGBFAD67?3@;>>367BG7DF37JF7D;AD)3D3BG7DF3%($
.'%($675A@6G5;D

GE53DG@3E7V3>67>>3H7;@F7>;97@F767E677>7JF7D;AD67>H7:U5G>AE7BD;AD;L37@7>?A6A3@F;DDA4AGE53DG@3E7V3>67>>3H7
;@F7>;97@F767E677>;@F7D;ADF;7@7BD;AD;6365G3@6AE767E35F;H37>?A6A673@F;DDA4A

%3H7D;8;535;W@67>3>>3H7;@F7>;97@F7E7D73>;L3EW>AB3D3>3BG7DF367>5A@6G5FADAB3E3<7DA67CG7:3D75;4;6A>37@FD36367>;@F7DDGBFAD67F;D36AD67>3
BG7DF35ADD7EBA@6;7@F7,;@AE77@5G7@FD3G@3>>3H7;@F7>;97@F7H7D;8;536A E7>>7H33534A>38G@5;W@677@FD363B3E;H3

.@?SJ;?A67>>3H7EE7BG767@D79;EFD3D
*B76*-.*,,276*52.6<7-..6<:*-*8*;2>*
\ C:.*-.*,<=*,2F6-..6<:*-*8*;2>*
%>3H7;@F7>;97@F7
E7V3>67B7F;5;W@67H7D;8;535;W@ E7V3>67D7EBG7EF3
FD3@E?;E;W@% FD3@E?;E;W@+
D3@9A67AB7D35;W@
8G@5;W@B3E;H3
D3@9A67AB7D35;W@
34;7DF367>FDA@5A
B3E;H3
D3@9A67AB7D35;W@
8G@5;W@B3E;H3

)3EE;H7SD73678G@5;A@7E67355;A@3?;7@FA7@FDA67?67>3?3@;<367BG7DF367>BADFW@FD3E7DAB3E;H3

SD736735FG35;W@34;7DFA7@FDA67?67E677>B3D35:ACG7E

D3@9A67AB7D35;W@67;@;5;AB3E;H3

)3EE;H7SD73,-+-35FG35;W@;@F7D;AD67>H7:U5G>A

!8*;2>*
G3@6A7>E;EF7?34GE53G@3>>3H7;@F7>;97@F7BAD>37@FD36367>;@F7DDGBFAD67F;D36AD67>3BG7DF37JF7D;AD 7>,$&7@HU3>3E7V3>67%(*.(
B3E;H33>&E;FA63E>3EBG7DF3E7EFS@57DD363EKG@3>>3H7;@F7>;97@F7@AD?3>E77@5G7@FD38G7D367>H7:U5G>A
\ ,76<:74-.1*:-?*:.!#'!8*;2>*
>,$&7@HU3>3E7V3>67%(*.(67E4>ACG73D>3BG7DF33>&3FD3HTE67>3D76'5G3@6AE7H7D;8;53G@3>>3H7;@F7>;97@F767EBGTE67
CG7>3E7V3>67>5A@6G5FADB3E3<7DA8G7D3;@F7DDGBFAD67F;D36AD67>3BG7DF3CG7E7D75;473FD3HTE67>:3D6I3D7
>,$&7@HU3>3E7V3>3>5>XEF7D&K7>;@EFDG?7@FA5G3@6AE75G?B>7@>3E5A@6;5;A@7E6736H7DF7@5;3K7>;@6;536AD67
B3@F3>>3
\ !#'!8*;2>*87:.426<.::=8<7:-.5*6244*-.8=.:<*.@<.:27:
G3@6A7>7EF36A677@57@6;6A7EFS7@( ('A#!'(' 7>,$&D73>;L37>BDA576;?;7@FA67H7D;8;535;W@E;E7D75;47>3E7V3>67%(*.(67>
;@F7DDGBFAD67?3@;<367>3BG7DF367>5A@6G5FADB3E3<7DA
G3@6AE7355;A@37>;@F7DDGBFAD67F;D36AD67>3BG7DF37JF7D;AD 7>,$&H7D;8;53E;G@3>>3H7;@F7>;97@F77EFS8G7D367>H7:U5G>AGF;>;L3@6A>3
3@F7@37JF7D;AD5ADD7EBA@6;7@F7
>,$&7@HU3>3E7V3>6715A?3@6AB3E;H3%($2B3D37>&3FD3HTE67>3'E;G@3>>3H7;@F7>;97@F7E7;67@F;8;535A?A7>
7JF7D;AD67>H7:U5G>A
,;@A:3K>>3H7;@F7>;97@F7E7H7D;8;535A?A8G7D367>H7:U5G>A 7EF7BDA57EAE767F;7@7KD7;@;5;35G3@6AE7D75;47>3E;9G;7@F7E7V3>67>
;@F7DDGBFAD67F;D36AD67>3BG7DF37JF7D;AD
G3@6A>3BG7DF367>5A@6G5FADE767E4>ACG735A@7>7EF36A677@57@6;6A(' 7>,$&53?4;37>7EF36A677@57@6;6A33B3936AK7@HU3
>3E7V3>6715A?3@6AB3E;H3%($2B3D37>&3FD3HTE67>3'B3D357DD3D>3BG7DF3>&:35753EAA?;EA67>3E7V3>E;7>7EF36A67
7@57@6;6A7EFS#!'('

>,$&E7D75GB7D3>38G@5;W@67F75>3;@F7>;97@F767E35F;H36A7>;@F7D;AD67>H7:U5G>A5G3@6AD75;47>3E7V3>6767E35F;H35;W@
3@F;DDA4A67>&3FD3HTE67>35A?G@;535;W@'

\ *26<.::=8,2F6-.4*,.::*-=:*-.8=.:<*A4*/=6,2F6-.26<.::=8<7:-.44*>.26<.420.6<.87:5*6244*-.8=.:<*.@<.:27:
G3@6AE7D75;47>3E7V3>674>ACG7A67>3BG7DF367>;@F7DDGBFAD67F;D36AD67>3BG7DF367>5A@6G5FADB3E3<7DA5A@7>7EF36A677@57@6;6A
3B3936AA(' 7>,$&;67@F;8;53>3F75>3;@F7>;97@F7H7D;8;536AK7@HU3>3E7V3>%($B3E;H33>&3FD3HTE67>3'E;7>7@57@6;6A
7EFS7@(
>,$&D75;47>3E7V3>67;@8AD?35;W@67?A6A6;EG3EAD;A67DA4A67>3&3FD3HTE67>3',;:3K3>9G@3>>3H7;@F7>;97@F7
H7D;8;536A7@7>H7:U5G>A >38G@5;W@67>3F75>3;@F7>;97@F7H7D;8;536AE7;@F7DDG?B7
\ *+G;9=.-*-.7<:*;<.,4*;
G3@6A7>7EF36A677@57@6;6A7EFS7@('A#!'(' 7>,$&5A?;7@L33H7D;8;53D>3F75>3;@F7>;97@F7E;E734D75G3>CG;7DBG7DF3K>G79AE75;7DD3,;G@3
A?SEF75>3E;@F7>;97@F7EE7H7D;8;53@5G3@6A7EF3@6A7@7>H7:U5G>A E767F;7@77>BDA576;?;7@FA67H7D;8;535;W@67>>3H7;@F7>;97@F7,;@A:3KF75>3;@F7>;97@F7
H7D;8;5363E7;67@F;8;535A?A7EF3@6A7@7>H7:U5G>A 7>,$&7@HU3>3E7V3>CG7;67@F;8;53CG7@A:3K@;@9G@3>>3H7H7D;8;53637>;@F7D;AD67>H7:U5G>A3>5>XEF7D
&K7>;@EFDG?7@FA3FD3HTE67>3'36H7DF7@5;367>>3H7;@F7>;97@F7@A;67@F;8;536A
\ 57-7-.+G;9=.-*<.,4*26<.420.6<.
>E;EF7?3;67@F;8;53BD;?7DA>3X>F;?3>>3H7;@F7>;97@F7GF;>;L36A K>G79A;67@F;8;53FA63E>3EAFD3E>>3H7E;@F7>;97@F7ED79;EFD36AE:3EF3CG7E7H7D;8;CG7G@3>>3H7
;@F7>;97@F7@AD?3>
>E;EF7?3;67@F;8;53>3E>>3H7E;@F7>;97@F7E?76;3@F77>GEA67>33@F7@3?3@;>>367BG7DF37JF7D;AD7@7>;@F7DDGBFAD67F;D36AD67>3BG7DF3CG7:3
7@H;36A>3E7V3>
%>3H7;@F7>;97@F7677@FD363674XECG763%3X>F;?3BG7DF3E734D7KE75;7DD3;@F7DDGBFAD67>3?3@;<37JF7D;AD67>3BG7DF3 ;@F7DDGBFAD678D7@A ;@F7DDGBFAD67
++'*.EA>;5;FG6673B7DFGD367>BADFW@FD3E7DA

' !8*;2>*
G3@6A7>E;EF7?34GE53G@3>>3H7;@F7>;97@F7BAD>37@FD36367>;@F7DDGBFAD67F;D36AD67>3BG7DF37JF7D;AD 7>,$&7@HU3>3E7V3>6767E4>ACG7A
B3E;H33>&E;FA63E>3EBG7DF3E7EFS@57DD363EKG@3>>3H7;@F7>;97@F7@AD?3>E77@5G7@FD38G7D367>H7:U5G>A
\ ,76<:74-.1*:-?*:.%!#'!8*;2>*
>,$&7@HU3>3E7V3>67%(*.(67E4>ACG73D>3BG7DF33>&3FD3HTE67>3D76'5G3@6AE7H7D;8;53G@3>>3H7;@F7>;97@F767EBGTE67
CG7>3E7V3>67>5A@6G5FADB3E3<7DA8G7D3;@F7DDGBFAD67F;D36AD67>3BG7DF3CG7E7D75;473FD3HTE67>:3D6I3D7
\ %!#'!8*;2>*87:.426<.::=8<7:-.5*6244*-.8=.:<*.@<.:27:
G3@6A7>7EF36A677@57@6;6A7EFS7@( ('A#!'(' 7>,$&5A?;7@L33H7D;8;53D>3F75>3;@F7>;97@F7E;E75G?B>7@>3E5A@6;5;A@7EE;9G;7@F7E
G3@6AE7355;A@37>;@F7DDGBFAD67?3@9A5A@6G5FADA67>3BG7DF367B3E3<7DAE 7>,$&H7D;8;53E;G@3>>3H7;@F7>;97@F77EFS8G7D367>H7:U5G>AGE3@6A>3
3@F7@35ADD7EBA@6;7@F7
G3@6AE7355;A@37>;@F7DDGBFAD67F;D36AD67>3BG7DF37JF7D;AD 7>,$&H7D;8;53E;G@3>>3H7;@F7>;97@F77EFS8G7D367>H7:U5G>AGF;>;L3@6A>3
3@F7@37JF7D;AD5ADD7EBA@6;7@F7
>,$&7@HU3>3E7V3>6715A?3@6AB3E;H3.'%($23>&3FD3HTE67>3'E;G@3>>3H7;@F7>;97@F7E7;67@F;8;53
5A?A7>7JF7D;AD67>H7:U5G>A
,;@A:3K>>3H7;@F7>;97@F7E7;67@F;8;535A?A8G7D367>H7:U5G>A 7EF7BDA57EAE767F;7@7KD7;@;5;35G3@6AE7D75;47>3E;9G;7@F7E7V3>67>
;@F7DDGBFAD67F;D36AD67>3BG7DF37JF7D;AD
G3@6A>3BG7DF367>5A@6G5FAD7EFS4>ACG736A5A@7>7EF36A677@57@6;6A('A#!'(' 7>,$&7@HU3>3E7V3>67
15A?3@6AB3E;H3.'%($23>&3FD3HTE67>3'B3D334D;D>3BG7DF3E;@53?4;3D7>7EF36A677@57@6;6A33B3936A
\ 57-7-.+G;9=.-*<.,4*26<.420.6<.
;@F7>;97@F7@AD?3>
>E;EF7?3;67@F;8;53>3E>>3H7E;@F7>;97@F7E?76;3@F77>GEA67>33@F7@3?3@;>>367BG7DF37JF7D;AD7@7>;@F7DDGBFAD67F;D36AD67>3BG7DF3CG7:3
7@H;36A>3E7V3>
++'*.EA>;5;FG6673B7DFGD367>BADFW@FD3E7DA67?A6A7J57B5;A@3>

G3@6AE7AB7D37>;@F7DDGBFAD67F;D36AD67>3BG7DF3 7>E;EF7?353?4;3>3E5A@6;5;A@7E674XECG76367>>3H7;@F7>;97@F77@7>H7:U5G>A
67@FDAK8G7D36735G7D6A5A@7>?A6A3@F;DDA4A

GE53@6AE75G7@5;35G3@6A7EFS67E3D?36ABAD&#@E;67 G7D3

CGT8G@5;W@7EFSD7EFD;@9;6A5G3@6A7>&7EFS7@?A6A673@F;DDA4A

"*;;2>.*+2.:<7.487:<F6<:*;.:7
G3@6AG@3>>3H7;@F7>;97@F7@AD?3>E77@5A@FDWBAD>3E7V3>67>;@F7DDGBFAD673B7DFGD367>BADFW@FD3E7DA 7>E;EF7?37@HU3>3E7V3>675A@FDA>67>BADFW@
FD3E7DA34;7DFA3>&
\ ,76<:74-.;*42-*-.87:<F6<:*;.:78*;2>*1*:-?*:.*+2.:<7-..6<:*-*
>,$&D75;47>3E7V3>67;@F7DDGBFAD34;7DFA7>BADFW@FD3E7DA67E677>&3FD3HTE67>35A?G@;535;W@'>,$&7@HU3>3E7V3>67
E3>;6334;7DF367>BADFW@FD3E7DA3>3&3FD3HTE67>35A?G@;535;W@'
\ ,76<:74-.26<.::=8<7:*+2.:<7.487:<F6<:*;.:7
"7:<F6<:*;.:7,.::*-7*+2.:<7
G3@6A7>7EF36A677@57@6;6A7EFS7@( ('A#!'(' 7>,$&5A?;7@L33H7D;8;53D>3F75>3;@F7>;97@F77@7>SD736735FG35;W@34;7DF3>3BG7DF3FD3E7D367EBGTE
67D75;4;D>3E7V3>673B7DFGD367>BADFW@FD3E7DAB3D31EA>;5;FG6673B7DFGD367>BADFW@FD3E7DA267E677>&3FD3HTE67>3'
>,$&7@HU3>3E7V3>B3D31BADFW@FD3E7DAB3E;H334;7DFA2B3D37>&3FD3HTE67>3'B3D334D;D7>BADFW@FD3E7DAK67E35F;H3D7>?A6A
673@F;DDA4AE;G@3>>3H7;@F7>;97@F7E7;67@F;8;535A?A8G7D367>H7:U5G>A,;@A:3K>>3H7;@F7>;97@F7E7;67@F;8;535A?A8G7D367>H7:U5G>A 7EF7
BDA57EAE767F;7@7KD7;@;5;35G3@6AE7D75;47>3E7V3>67B7F;5;W@34;7DF33>>36A67>BADFW@FD3E7DA
"7:<F6<:*;.:7*+2.:<7,.::*-*

G3@6A7>BADFW@7EFS57DD36A5A@FA63E>3EAFD3EBG7DF3EE75;7DD3@ 7>,$&7@HU3>3E7V3>671>>3H7;@F7>;97@F767@FDA67>H7:U5G>A23FD3HTE67>3
'E;:3KG@3>>3H7;@F7>;97@F7H7D;8;536A7>;@F7D;AD67>H7:U5G>AG3@6AE734D7>3BG7DF3FD3E7D3K>G79AE75;7DD37@7>?A6A6;EG3EAD;A67DA4A
>3EE7V3>7EB3D31LG?436AD7JF7D@A2K1F75>3;@F7>;97@F767F75F3D36H7DF7@5;32E77@HU3@6GD3@F7 E3FD3HTE67>3'E;:3KG@3>>3H7;@F7>;97@F7
H7D;8;536A7>;@F7D;AD67>H7:U5G>A
\ 57-7-.+G;9=.-*<.,4*26<.420.6<.
;@F7>;97@F7@AD?3>
,;>33@F7@3BADFW@FD3E7DA;67@F;8;53G@3>>3H7;@F7>;97@F7@AD?3> 7>E;EF7?34GE53G@3>>3H7;@F7>;97@F77@>3LA@3;@F7D;AD67>3BG7DF3FD3E7D3K7>
;@F7D;AD67>H7:U5G>A
>BADFW@FD3E7DAE734D7EW>A5G3@6AG@3>>3H7;@F7>;97@F7HS>;63E77@5G7@FD367@FDA67>3>53@5767>33@F7@3BADFW@FD3E7DAK>3F3B367>?3>7F7DA@A7EAB7D36ABAD
G@3>>3H7;@F7>;97@F77@7>SD73;@F7D;AD67>BADFW@FD3E7DA
++'*.EA>;5;FG6673B7DFGD367>BADFW@FD3E7DA

"=--4..6/79=.-.,76<:74-.4C58*:*
>,$&7@HU3>3EE7V3>7EB3D317@8ACG7.-(2 1+$,.'%($2K1)3EE;H7.'%($2FD3HTE67>3'B3D35A@FDA>3D7>5:3D5A
7@8ACG767>3>S?B3D3.-(5:3D5A7@8ACG767>3>S?B3D3(' +$,6767E4>ACG7AK.'%($7@FD363B3E;H3
\ '&!,1*:,7.6/79=.-.4*4C58*:*
>3<GEF7BAD67875FA7E7>7@8ACG7.-(
%38G@5;W@677@8ACG73GFA?SF;5AE7BG76735F;H3DA67E35F;H3D?76;3@F7G@6;EBAE;F;HA676;39@WEF;5A
\ 76-2,2F6-.=;7

G3@6A7>5A@6G5FADE73BDAJ;?33>367>H7:U5G>A7@7>?A6A673@F;DDA4A3?7@AE67? >3,$&7@HU3>3E7V3>678G@5;A@3?;7@FA67>3
>S?B3D33FD3HTE67>35:3D5A'E;E7;67@F;8;53G@3>>3H7;@F7>;97@F7>,$&5A?;7@L334GE53DG@3>>3H7;@F7>;97@F7 E7967EBGTE67CG7

7>H7:U5G>A:37@FD36A7@7>?A6A3@F;DDA4A
\ !8.:*,2F6,76<26=*

G3@6AE7;67@F;8;53G@3>>3H7;@F7>;97@F767@FDA67?67E677>H7:U5G>A7@7>?A6A673@F;DDA4A >3,$&7@HU3>3E7V3>678G@5;A@3?;7@FA67>3>S?B3D3
5:3D5A ?;@-7?BAD;L36AD35F;H36A3FD3HTE67>3',;G@3>>3H7;@F7>;97@F7E77@5G7@FD35A@F;@G3?7@F767@FDA67 ?;@>3,$&7@HU3>3E7V3>67>3
>S?B3D35:3D5A67@G7HAB3D37>8G@5;A@3?;7@FA5A@F;@GA:3EF3H757E67@FDA67 ?;@

>,$&5A?;7@L334GE53DG@3>>3H7;@F7>;97@F7 E7967EBGTE677@H;3D>3BD;?7D3E7V3>678G@5;A@3?;7@FA67>3>S?B3D35:3D5A,;@AE77@5G7@FD3G@3>>3H7
;@F7>;97@F7 7>,$&7@HU3>3E7V3>678G@5;A@3?;7@FAE79G@63
\ ,76-2,276.;-.:.;<*+4.,252.6<7

?;@GFAEF7?BAD;L36ADF7D?;@36A

/A>H7D37@FD3D7@?A6A673@F;DDA4A67EBGTE67>367E35F;H35;W@
\ /=6,276*52.6<7.657-7-..;8.:*
=:*,2F6 =6,2F6 &2.587;
BD;?7DA 67@FDA676U3E 7>F;7?BA@AD?3>67?A@;FAD7A
E79G@6A 67@FDA6736U3E >3G?7@FA67F;7?BA67H;9;>3@5;3
F7D57DA 6U3EA?SE /7:U5G>A7EFSB3D36A
\ .<.6.:76-2,2F6-..;8.:*-.:.;<*+4.,252.6<778.:*,2F6
+$,ABG7DF3B3E;H3%($.'%($
\ "=--4..6/79=.-.4*4C58*:*.687:$%' !A"=--4..6/79=.-.4*4C58*:*.687:' !.6<:*-*8*;2>*
>,$&7@HU3>3EE7V3>7EB3D31+$,.'%($2K1)3EE;H7.'%($2B3D35A@FDA>3D7>5:3D5A7@8ACG767>3>S?B3D3'8G@5;W@
BAD+$,6767E4>ACG7AK.'%($7@FD363B3E;H37@?A6A673@F;DDA4A

252<*,276.;6<.::=8,2F6-.4*/=6,2F6-.4*<.,4*26<.420.6<.
>,$&4GE5367G@3>>3H7;@F7>;97@F767@FDA67>H7:U5G>A5G3@6AD75;47>3;@8AD?35;W@EA4D75W?A;@FDA6G5;D7>?A6A676;EG36;D3>AE>36DA@7E67>&,;
E7;67@F;8;53G@3>>3H7;@F7>;97@F7@AD?3> 7>,$&?7?AD;L37EFA5A?AG@3F75>3678G@5;W@>;?;F36367>>3H7;@F7>;97@F7E;>7@5;AEAAG@38G@5;W@5>3H7
;@F7DDG?B;637E35F;H35;W@67>>3H7;@F7>;97@F76735G7D6A5A@>3E5A@6;5;A@7E
\ *4252<*,2F6-./=6,2F6

,;G@3>>3H7;@F7>;97@F7 CG763E3>;633>3E7V3>674>ACG7A67>3BG7DF3 E77@5G7@FD37@7>;@F7D;AD67>H7:U5G>A 7>,$&?7?AD;L3FA63E>3E>>3H7E
;@F7>;97@F7E67@FDA67>H7:U5G>A5A?A5>3H7E67>8G@5;A@3?;7@FA>;?;F36A,;>7@F>>3H7;@F7>;97@F7%3F75>3;@F7>;97@F7BDABAD5;A@3>38G@5;W@>;?;F36367>

,-+-B3E;H3 53?4;A677EF36A677@57@6;6AK+$,>3E8G@5;A@7E7J57BFA>38G@5;W@.'%($B3E;H3
\ 26<.::=8,2F6-.4*/=6,2F6

,;@;@9G@3F75>3;@F7>;97@F7 CG77?;F7>3E7V3>674>ACG7A67>3BG7DF3 E77@5G7@FD37@7>;@F7D;AD67>H7:U5G>A 7>,$&?7?AD;L3FA63E>3E>>3H7E
;@F7>;97@F7E67@FDA67>H7:U5G>A5A?A>38G@5;W@;@F7DDG?B;63F75>3E7E35F;H35;W@67>>3H7;@F7>;97@F7%3>>3H7;@F7>;97@F78G@5;W@;@F7DDG?B;63@A7EFS
6;EBA@;4>7B3D357DD3D34D;DB3E;H3 ,-+-B3E;H3 53?4;A677EF36A677@57@6;6AK+$,8G@5;A@7E
\ F57-.;*,<2>*:4*/=6,2F6-7526*6<..4.0*6<.4252<*-*26<.::=582-*

7E35F;H3D7>?A6A3@F;DDA4A

$%=6,2F6-.76<:74
G3@6A7>,$&D75;47>3EE7V3>7E+$,?76;3@F7>AE4AFA@7E67>3>>3H7;@F7>;97@F7 CG7FD3@E?;F7>3EE7V3>7E5ADD7EBA@6;7@F7E
3FD3HTE67>3'
*5+2*: ;,.6*:27 !+;.:>*,2F6
%(*.+ B3EA
67E4>ACG736A B3EA ?EB3EA&

&)3EA& &
BADFW@FD3E7DA34;7DFA B3EA B3EA&
)Q'#( B3EA
$%!
G3@6A7>,$&D75;47>3E7V3>671+$,%($2?76;3@F77>4AFW@%($67>3>>3H7;@F7>;97@F7 FD3@E?;F77EF3E7V3>3FD3HTE67>3
'

>,$&D75;47>3E7V3>B3D31+$,%($2 E7967EBGTE67CG77>4AFW@%($67>3>>3H7;@F7>;97@F77EFS7@57@6;6A K
FD3@E?;F77EF3E7V3>3FD3HTE67>3'

G3@6AE7D75;47>3E7V3>67+$,%($5A@7>(' >3E73B393KE77@HU3>3E7V3>B3D31+$,%($2

$%' !
G3@6A7>,$&D75;47>3E7V3>671+$,.'%($2?76;3@F77>4AFW@6767E4>ACG7A7@>3>>3H7;@F7>;97@F7 CG7FD3@E?;F77EF3E7V3>3
FD3HTE67>3'

>,$&D75;47>3E7V3>B3D31+$,.'%($2 E7967EBGTE67CG77>4AFW@6767E4>ACG7A7@>3>>3H7;@F7>;97@F77EFS35F;H36A K
7@HU37EF3E7V3>3FD3HTE67>3'
87:<F6<:*;.:7:.57<*;2644*>.*+2.:<7
G3@6A7>,$&D75;47>3E7V3>671+$,BADFW@FD3E7DA34;7DFA2?76;3@F77>4AFW@4D;D>35A?BG7DF3FD3E7D367>3>>3H7;@F7>;97@F7 FD3@E?;F77EF3
E7V3>3FD3HTE67>3'
\ 87:<F6<:*;.:7*+2.:<7,76<:74:.57<7;2644*>.

>,$&D75;477>BADFW@FD3E7DA34;7DFAE7V3>67E7967EBGTE67CG77>4AFW@67>3BG7DF3FD3E7D334;7DF37@>3>>3H7;@F7>;97@F7E735F;H37>67F75FAD
5A@7>7EF36A677@57@6;6A3B3936A A#!'(' KFD3@E?;F7>3E7V3>671+$,BADFW@FD3E7DA34;7DFA23FD3HTE67>3'

-.8C62,7;2644*>.:.57<7
>,$&FD3@E?;F7>3EE7V3>7E671BS@;5A+$,2?76;3@F77>4AFW@67BS@;5A67>3F75>3;@F7>;97@F7B3D37>&
\ 8C62,7:.57<*;2644*>.
>,$&D75;47+$,BS@;5AE7V3>67E7967EBGTE67CG77>4AFW@67BS@;5A7@>3>>3H7;@F7>;97@F7E735F;H37>67F75FAD5A@7>7EF36A(
677@57@6;6A A#!'(' KFD3@E?;F77EF3E7V3>3FD3HTE67>3'
\ "C62,757-7-.;2:.6*87:$%-.8C62,7-.,76<:74
G3@6A7>,$&D75;47>3E7V3>67BS@;5A5A@7>7EF36A677@57@6;6A( ('A#!'(' 7>,$&FD3@E?;F7>3E7V3>+$,

BS@;5A3FD3HTE67>3'

-.44*>.26<.420.6<.-.,76<:74-.<2.587-.>.:2/2,*,2F6
":.>.:2/2,*,2F6<.587:2B*-7:
G3@6AE7D75;47>3E7V3>678G@5;A@3?;7@FA67>;@F7DDGBFAD67++'*. >3E8G@5;A@7E673DD3@CG7K675A@FDA>67BAF7@5;3E7BG767@D73>;L3DE;@>3
H7D;8;535;W@67>>3H7;@F7>;97@F7
76-2,2F6 %78.:*,2F6
5G3@6A>3BG7DF367>3E7V3>57DD3637E677@FD3635A@
A' .@3H7LE7:35A?B>7F36A>3H7D;8;535;W@;@F7D;AD67>H7:U5G>A
5G3@6A7>8D7@AE73B>;535A@
A' E79E7BA@77@?3D5:37>F7?BAD;L36AD3@F7E67>3
5G3@6A7>;@F7DDGBFAD,-+-E7AB7D35A@
H7D;8;535;W@
5G3@6AE7;@E7DF3>3>>3H7;@F7>;97@F77@7>;@F7DDGBFAD67D3@GD3K8D7@A7E355;A@36AA
;@F7DDGBFAD673DD3@CG7E7:3578G@5;A@3D5A@

5G3@6A7>7@57@6;6AE73B3935A@#!'('K7>?AFAD7@?3D5:3 E79G@6AEF7?BAD;L36AD67H7D;8;535;W@BD7H;3
E7;@;5;3E;@D7
H7D;8;535;W@
-7?BAD;L36AD5A@6;5;A@7E6767E35F;H35;W@67EBGTE67 E79:3B3E36A #!'(' ;@F7DDGBFAD67F;D36AD67>3BG7DF38G7D3 7@ 7@FD3D7@?A6A676;EG36;D3>AE
>36DA@7E5G3@6AE753?4;3>35A@6;5;W@67BG7DF3

&.587:2B*-7:-.>.:2/2,*,2F6657>242B*-7:
>7EF36A67H7D;8;535;W@;@?AH;>;L36AD;@6;53CG77EBAE;4>7D7EBA@67D3>?7@E3<767B7F;5;W@7@H;36A67E677>,&B3D367E35F;H3D
7>;@?AH;>;L36AD>,$&H7D;8;5WG@3>>3H7;@F7>;97@F7K7>?AFADE7BG7673DD3@53D
\ ,76-2,276.;-..6<:*-*
> E79G@6AEF;7?BA67H7D;8;535;W@;@?AH;>;L36ADE7;@;5;35G3@6A

7>7EF36A677@57@6;6AE753?4;33#!'BAD7>;@F7DDGBFAD673DD3@CG7?;7@FD3E7>F7?BAD;L36AD67BD7
H7D;8;535;W@7EFS35F;H3637>7EF36A677@57@6;6AE7
53?4;33#!'BAD>3H7D;8;535;W@67>>3H7;@F7>;97@F7?;7@FD3E7>F7?BAD;L36AD3@F7E67>3H7D;8;535;W@E767F;7@77>,$&H7D;8;5WG@3>>3H7;@F7>;97@F7BAD>3E7V3>

67>;@F7DDGBFAD678D7@A?;7@FD3E7>F7?BAD;L36AD67H7D;8;535;W@;@?AH;>;L36ADE767F;7@7A7>7EF36A677@57@6;6A7EFS#!'('
7>,$&H7D;8;5WG@3>>3H7;@F7>;97@F75A@TJ;FAE;7>F7?BAD;L36AD67H7D;8;535;W@;@?AH;>;L36ADE767F;7@75A@#!'('H7D;8;535;W@

8D7@A;@?AH;>;L36AD('
\ ,76-2,2F6-.-.;*,<2>*,2F6

#!'(

E79G@6AE:3B3E36A67EBGTE67>3H7D;8;535;W@;@?AH;>;L36AD

G3>CG;7DBG7DF3E734D7KE75;7DD35G3@6AFA63E>3EBG7DF3E7EFS@57DD363EK>>3H7;@F7>;97@F75G3@6A7>?AFAD7?B;7L338G@5;A@3D E767F7D?;@3
7>7EF36A67H7D;8;535;W@;@?AH;>;L36AD K7>;@?AH;>;L36AD@AE767E35F;H3DS:3EF3CG77>7EF36A677@57@6;6AE753?4;33#!'(
>;@?AH;>;L36AD@AE767E35F;H35G3@6AE75G?B>7>35A@6;5;W@6736H7DF7@5;3>>3H7?;7@FD3E7>?AFAD7EFS7@?3D5:3G3@6A7>+'7ED75;4;63
BAD7>,&D7EF34>757D?;7@FD3E7>?AFAD7EFS7@?3D5:3G3@6AE7;@F7@F33DD3@53D7>?AFADE;@>3H7D;8;535;W@;@?AH;>;L36AD 7>E;EF7?3D73>;L3
>AEBDA576;?;7@FAE67H7D;8;535;W@67>>3H7;@F7>;97@F7 K7@HU3>3EA>;5;FG6673DD3@CG767>?AFAD3&,EW>A5G3@6A7>D7EG>F36A67>3H7D;8;535;W@
7E@AD?3>

76<:74-.262,27"7?.:7-.
>E;EF7?367>>3H7;@F7>;97@F7D73>;L3>3H7D;8;535;W@67>>3H7;@F7>;97@F767@FDA67>H7:U5G>AB3D3AB7D3D7>;@;5;A)3E;HA?7D97@5;3K5A@FDA>67?A6A
673>;?7@F35;W@+73>;L3>3EE;9G;7@F7E8G@5;A@7E6735G7D6A5A@7>D7EG>F36A67>3H7D;8;535;W@

5A@FDA>67?A6A67BA67D#9@;F;A@5A?G@;535;W@B3D37>53?4;A67

7EF36A67>;@?AH;>;L36AD5A@7>55E?767;@;5;A67FD3@E?;E;W@67

B7F;5;W@3&,
26<.:/*B-.*:-?*:.
\ %=;<2<=2:.4;.6;7:-.>.47,2-*--.4.3.-..6<:*-*,767&A44.>*:*,*+74*262,2*42B*,2F6&'A.4<:*+*37-.,7-2/2,*,2F6
AFW@67;@;5;A

>,$&D75;47>3EE7V3>7E67E677>4AFW@,-+-K53?4;37>7EF36A677@57@6;6AA67>3E7EFD7>>3E67F;7@77>?AFAD
@F7@3EABADF7;@?AH;>;L36AD

>,$&E75A?G@;535A@>33@F7@3;@?AH;>;L36ADB3D3H7D;8;53D>3E>>3H7E;@F7>;97@F7E
\ %*42-*
D7>T67

>,$&AB7D37>D7>TD7>T#!'

>,$&AB7D37>D7>T#!'D7>T;9@

>,$&AB7D37>D7>T;9@#@;5;3D>3
H;EG3>;L35;W@67>;EF3

>,$&AB7D3>3B3@F3>>3>;EFA,-+-#@6;535;W@67>7EF36A
67

>,$&AB7D37>;@6;536AD677EF36A67>%3H;EG3>;L35;W@
67>7EF36A

>,$&AB7D3>3B3@F3>>3677EF36A3@F7@3%

>,$&5A@FDA>3>3EE3>;63E673@F7@3%

,*5+27-..;<*-7-..6,.6-2-7
>7EF36A677@57@6;6AE753?4;33( (' #!'('K7>3DD3@CG767>?AFAD?76;3@F7G@4AFW@,-+-,-()
>,$&;@F7DDG?B7>33>;?7@F35;W@B3D3>AED7>TE;9@K?;7@FD3E7>?AFAD7EFS9;D3@6A5A?A7>5ADF767>353D937>T5FD;537E@757E3D;3
>,$&?A@;FAD;L37>7EF36A67>B763>678D7@A3FD3HTE67>3EE7V3>7E67:3D6I3D7>53?4;A677EF36A677@57@6;6A7EFS6;EBA@;4>75G3@6A
E7BG>E37>4AFW@67>?AFAD,-+-,-()>,$&GF;>;L37>,&7EF36A67>?AFADK,) +H7>A5;63667>H7:U5G>AE7V3>7E,7@H;36A3
FD3HTE67>4GE)
'3>F3H7>A5;636'
G3@6A>343F7DU3>>3H7;@F7>;97@F7E767E53D93K7>5A@6G5FAD;@E7DF3>3>>3H7;@F7>;97@F77@>3D3@GD3674>ACG7A673DD3@CG77@?A6A677?7D97@5;3 >3
H7D;8;535;W@67>>3H7;@F7>;97@F7E7D73>;L3E;E7BD7E;A@37>8D7@AA7>;@F7DDGBFAD67;@;5;A3@F7E67CG77>7EF36A677@57@6;6AE753?4;3(' #!'
('53?4;A677EF36A677@57@6;6A6GD3@F7>3?3D5:3

G3@6AE7BG>E37>;@F7DDGBFAD673DD3@CG7B3D36367>?AFAD6GD3@F7EA?SE3?SE67=?: 7>7EF36A677@57@6;6AE7
53?4;367#!'3
,;E7HG7>H73BG>E3D7>;@F7DDGBFAD673DD3@CG7B3D36367>?AFAD 7>7EF36A677@57@6;6AE753?4;3673#!'

%3EH7>A5;6367E67>AEH7:U5G>AEEA@3@AD?3>7EE7V3>'F;7?BA677EB7D3 >3E7V3>3@AD?3>,;E7BG>E37>;@F7DDGBFAD67>?AFAD,-+-
,-()6GD3@F7E79G@6AE 7>7EF36A677@57@6;6AE753?4;367#!'3,;E7HG7>H73BG>E3D7>;@F7DDGBFAD 7>7EF36A677@57@6;6AE7
53?4;3673( -7EF34>75;6A
>,$&53?4;37>7EF36A677@57@6;6A67>3E;9G;7@F7?3@7D3

G3@6AE753?4;37>7EF36A677@57@6;6A 7>,$&E75A?G@;536735G7D6A5A@>3E5A@6;5;A@7E67>3D765G7DBA5A?AE;9G7

( [?3@F7@7D>35A?G@;535;W@6GD3@F7E79G@6AE( [

#!'&3@F7@7D>35A?G@;535;W@[#!'&3@F7@7D>3

5A?G@;535;W@#!'[3DD3@CG7&3@F7@7D>35A?G@;535;W@673DD3@CG7

[#!'&3@F7@7D>35A?G@;535;W@#!'[&3@F7@7D>3

5A?G@;535;W@6GD3@F7E[( &3@F7@7D>35A?G@;535;W@

6GD3@F7E79G@6AE#!'[( &3@F7@7D>35A?G@;535;W@6GD3@F7

E79G@6AE

-.*::*69=.-.457<7:
G3@6AE7BG>E37>4AFW@,-+-5A@7>B763>678D7@A3B>;536AK>3B3>3@536753?4;AE7@BAE;5;W@)A' >3,$&D73>;L3>3H7D;8;535;W@
;@?AH;>;L36ADK7@HU3>3E7V3>67B7F;5;W@673DD3@CG767>?AFADB3D37>,&E;E77@5G7@FD3G@3F75>3;@F7>;97@F75A6;8;5363@AD?3>
G3@6AE7D75;47>3E7V3>67B7F;5;W@67;@;5;A677@9;@77>;@F7DDGBFAD673DD3@CG7 7>,$&7@HU3>3E7V3>67B7F;5;W@67;@;5;A3FD3HTE67>3

)'K>3E7V3>67>A53>;L35;W@>>3H7;@F7>;97@F73FD3HTE67>3'B3D33DD3@53D7>?AFAD
>,$&;@F7DDG?B7>33>;?7@F35;W@B3D3>AED7>TE;9@K?;7@FD3E7>?AFAD7EFS9;D3@6A5A?A7>5ADF767>353D937>T5FD;537E@757E3D;3
>,$&D75;47>3E7V3>677EF36A673DD3@CG767>?AFAD67>,&3FD3HTE67>3)'>,$&7@5;7@67>AED7>TE;9@67EBGTE

67>3DD3@CG767>?AFADK7@HU3>3E7V3>B3D31#!'67EBGTE67B3DF;6323FD3HTE67'
G3@6AE7BG>E37>4AFW@,-+-K7>3DD3@CG767>?AFAD67E7V3>,A>;5;FG6E77@HU3 7>,&:3579;D3D7>?AFAD67EBGTE675A?BDA43D7>
53>7@F3?;7@FA67>?AFAD,;>3E7V3>673DD3@CG767>?AFADEA>;5;FG6E77@HU3 7>,&:3579;D3D7>?AFADE;@5A?BDA43D7>53>7@F3?;7@FA
67>?AFAD

&AFAD673DD3@CG7,A>;5;FG6
G3@6A7>;@F7DDGBFAD673DD3@CG7E7BG>E34D7H7?7@F743<AG@EA>;5;FG6@AD?3>673DD3@CG7EF36A

67>?AFAD
G3@6A7>;@F7DDGBFAD673DD3@CG7E7BD7E;A@3G@3H7L?SE?;7@FD3EE77@HU3>3E7V3>,A>;5;FG6673DD3@CG767>?AFAD A5G3@6AE7BG>E37>
;@F7DDGBFAD673DD3@CG76GD3@F7EA?SE
DD3@53D7>?AFAD?;7@FD3EE75A@6G57

%3E7V3>67B7F;5;W@673DD3@CG767>?AFADE77@HU35G3@6AE7BG>E37>;@F7DDGBFAD673DD3@CG7 35A@6;5;W@67CG7>3H7>A5;63667>H7:U5G>A7E;@87D;AD3
$?:A@;@9G@3E7V3>67H7>A5;63667>H7:U5G>A7E677@FD363 >3B3>3@5367H7>A5;6367E7EFS7@>3BAE;5;W@'K7>;@F7DDGBFAD678D7@A7EFSE;FG36A7@5A@
#!'(' E7967H7D;8;535;W@@A7E@757E3D;A%3E7V3>67B7F;5;W@673DD3@CG767>?AFADE77@HU3;@67B7@6;7@F7?7@F767>3E7V3>678D7@A5G3@6AE7
BG>E37>;@F7DDGBFAD673DD3@CG7 35A@6;5;W@67CG7>3H7>A5;63667>H7:U5G>A7E67 =?:A?SE K>3B3>3@5367H7>A5;6367E7EFS7@>3BAE;5;W@'5A@

#!'(' E797H7D;8;535;W@@A7E@757E3D;A

J57BFA8D7@A677@FD36367E7V3>675A@?GF36AD
)3D3>AEH7:U5G>AE5A@- 5G3@6AE7BG>E37>;@F7DDGBFAD673DD3@CG76GD3@F7 EA?SE 7>7EF36A677@57@6;6AE753?4;33#!'('KE7
7@HU3>3E7V3>67B7F;5;W@673DD3@CG767>?AFAD;@67B7@6;7@F7?7@F767>3E7V3>678D7@A E;7?BD7CG77>7EF36A;@;5;3>677@57@6;6A7EFS
('K>3B3>3@536753?4;A67H7>A5;6367E7EFS7@BAE;5;W@)A'
-.8*:*-*-.457<7:
G3@6AE7BG>E37>4AFW@,-+-7@>3H7>A5;63667>H7:U5G>A67=?:A?7@AE 7>,$&E73B3937>D7>T#!'B3D367F7@7D7>?AFAD
G3@6A>3H7>A5;63667>H7:U5G>A7EFS3=?:A?SEA@;@9G@3E7V3>67H7>A5;6367E677@FD363 7>,$&D73>;L3>3EE;9G;7@F7E8G@5;A@7E

G3@6AE7BG>E37>;@F7DDGBFAD673DD3@CG76GD3@F7EA?SE3?SE67=?: 7>7EF36A677@57@6;6AE753?4;367#!'3

,;E7HG7>H73BG>E3D7>;@F7DDGBFAD 7>7EF36A677@57@6;6AE753?4;3673#!'G3@6AE7BG>E37>;@F7DDGBFAD673DD3@CG76GD3@F7

EA?SEE;@E7V3>67H7>A5;63667>H7:U5G>AE7V3>'F;7?BA677EB7D3 >3E7V3>3@AD?3> 7>7EF36A677@57@6;6AE753?4;367#!'3
,;E7HG7>H73BG>E3D7>;@F7DDGBFAD 7>7EF36A677@57@6;6AE753?4;3673(
G3@6AE7BG>E37>4AFW@,-+-K57>74DW5A@#!'(' 7>7EF36A677@57@6;6AE753?4;33( G3@6AE7BG>E34D7H7?7@F77>
4AFW@,-+- 7>7EF36A677@57@6;6AE753?4;33>3BAE;5;W@('
! !-..6.:0E*
>,$&53?4;37>7EF36A677@57@6;6A3( 67E67('5G3@6A
7>4AFW@67>?AFAD,-+-,-()E7BD7E;A@35A@7>B763>67>8D7@A>;47D36AFD3E7>7EF36A677@57@6;6AE753?4;367#!'('
3('
>357DD36GD3AB3E;H3%($+$,E7AB7D35A@('7>&7@HU3E7V3>
34;7DF3>3BG7DF367>5A@6G5FAD?;@GFAE:3@B3E36A5A@('

-.,76<:74-.4:.4D-.87<.6,2*
!8*:*.4*::*69=.-.457<7:

*

-.HH8*:<2-*
57<7:! *
57<7:-.! *!

76<:7426<.::=8<7:-.*::*69=.
26-2,*-7:-.426<.::=8<7:%&$&
\ 26-2,*-7:-..;<*-7-..6,.6-2-7.426<.::=8<7:%&$&
;<*-7 (74>2.6-7;7+:.4*;,76-2,276.;-.
)!( #!'( ('#!'?AFAD'
/7D67 &AFADE7BG7673DD3@53D?76;3@F7F75>3E,-+-?AFAD7EFS9;D3@6A#!'( K7>;@F7DDGBFAD678D7@A('

('8D7@A;@F7DDGBFAD(' #!'(';@F7DDGBFAD678D7@A(' 7F5
?3D;>>A '
DA<A #!'('( 67>?AFADA7DDAD
\ %&$&;*42-*-.426-2,*-7:-.426<.::=8<7:
8*0*-7
.4.;<*-7-. $$ #'
"=.:<* "=.:<* ::7: !+;.:>*,2F6
.6,.6-2-7 & $
,.::*-* *+2.:<*
#@6;535;W@
7EF36A67> )!( ( '3D3@<3 DA<A )!( /7D67 DA<A

;@6;536AD
)!( )!( ' ' )!( ' D;>>3@F7
)!( "(+ A@FDA>36ABAD,$& %

#%.&#'#R'
5;W@ ,-+-,-()'!#'
G3@6AE7BDA6G57G@7DDAD 7>;@6;536ADE7;>G?;@36GD3@F7 E79KE73B3936GD3@F7 E79 K>G79AB3DB36736GD3@F7

E79
G3@6AFA63E>3EBG7DF3E7EFS@57DD363E5A@ 7>%@AB3DB3673
\ 76<:74-.262,27-.426-2,*-7:-.426<.::=8<7:

8G@5;W@35AB>36AAAD
G3@6AE734D7>3BG7DF367>5A@6G5FAD 7>;@6;536AD67>;@F7DDGBFADE77@5;7@677>;@6;536ADB7D?3@7577@57@6;6A?;7@FD3E>3BG7DF37EFS34;7DF3
>;@6;536ADE73B393;@?76;3F3?7@F75G3@6A>3E>G57E;@F7D;AD7EE73B393@
>;@6;536ADE73B39367EBGTE67>3BG7DF367>5A@6G5FADE75;7DD3K E79F7?BAD;L36AD677@57@6;6A7EFS35F;H36A
>;@6;536ADE7D7EF34>7575G3@6AE734D7>3BG7DF367>5A@6G5FAD8G@5;W@%S?B3D367

5A>335AB>363

76<:74%->.:<.6,2*
44*>.26<.420.6<.9=.67;..6,=.6<:**->.:<.6,2**->.:<.6,2**,*+7.A
,;@A:3KF75>3;@F7>;97@F7H7D;8;5363E7;67@F;8;535A?A7EF3@6A7@7>H7:U5G>A5A@#!'('A(' 7>,$&7@HU3>3E7V3> CG7;67@F;8;53CG7@A:3K
@;@9G@3>>3H7H7D;8;53637@7>;@F7D;AD67>H7:U5G>A 3>5>XEF7D&K7>;@EFDG?7@FA3FD3HTE67>3'@A>>3H7;@F7>;97@F77@5A@FD36A3H;EAEF3
36H7DF7@5;35A@F;@X36GD3@F7G@?SJ;?A67 E79G@6AE:3EF3CG7E767E35F;H7>35A@6;5;W@6736H7DF7@5;3
>,$&E767F;7@77>3H;EA;@?76;3F3?7@F767EBGTE67CG7E767E35F;H77>7EF36A673>7DF3
\ 44*>.26<.420.6<.9=.67;..6,=.6<:*,764**->.:<.6,2*

76-2,2F6262,2*4
('K%3EBG7DF3EE734D7@37J57B5;W@67>3BG7DF367>5A@6G5FADKBADFW@FD3E7DA34;7DFAK;@F7>;97@F7>>3H7

!8.:*,2F687:.4,76-=,<7:
)G7DF3E)G7DF3E34;7DF3E 7J57BFA>3BG7DF367>5A@6G5FADKBADFW@FD3E7DA34;7DFA[-A6AEBG7DF3E57DD363E
)G7DF3FD3E7D357DD363

%78.:*,2F6
>,$&7?B;7L33;67@F;8;53DG@3>>3H7;@F7>;97@F7?76;3@F77>GEA67>33@F7@3;@F7D;AD67EBGTE675A@8;D?3DCG7FA63E>3EBG7DF3E7EFS@57DD363E3
FD3HTE67>35A?G@;535;W@'
,;@AE77@5G7@FD3@;@9G@3>>3H7;@F7>;97@F77@HU3>3E7V3>671>>3H7;@F7>;97@F7CG7@AE77@5G7@FD33>7DF32
,;@5U5>;534XECG763>>3H7;@F7>;97@F767EBGTE67>3FD3@E?;E;W@,;E77@5G7@FD3
G@3>>3H7;@F7>;97@F7 @AE7D73>;L3@;@9G@3AB7D35;W@

5>3H7CG7@AE77@5G7@FD3@5A@6;5;A@7E6767E35F;H35;W@673>7DF3;@F7>;97@F7E
,;E75G?B>7@>3E5A@6;5;A@7EE;9G;7@F7E 7>,$&7@HU3>3E7V3>671>>3H7;@F7>;97@F736H7DF7@5;3CG7@AE77@5G7@FD32B3D367E35F;H3D>3
36H7DF7@5;3
( A#!'7@AF75>3;@F7>;97@F77@
\ 44*>.26<.420.6<.9=.67;..6,=.6<:*,764**->.:<.6,2* !&!$

76-2,2F6262,2*4
#!'('K)G7DF334;7DF3KBADFW@FD3E7DA34;7DFAK;@F7>;97@F7>>3H7

!8.:*,2F687:.4,76-=,<7:
)G7DF3BG7DF334;7DF3KBADFW@FD3E7DA34;7DFA[-A6AEBG7DF3E57DD363EKBG7DF3FD3E7D357DD363

%78.:*,2F6
>,$&7?B;7L33;67@F;8;53DG@3>>3H7;@F7>;97@F7?76;3@F77>GEA67>33@F7@3;@F7D;ADE;>3E7V3>1%>3H7;@F7>;97@F7CG7@AE77@5G7@FD336H7DF7@5;32@AE7
7?;F7
3,;@AE77@5G7@FD3@;@9G@3>>3H7;@F7>;97@F77@HU3>3E7V3>671>>3H7;@F7>;97@F7CG7@AE77@5G7@FD33>7DF32
E79G@6A,;@AE77@5G7@FD3G@3>>3H7;@F7>;97@F7 @AE7D73>;L3@;@9G@3AB7D35;W@
>,$&4GE5367G@3>>3H7;@F7>;97@F767@FDA67>H7:U5G>A3>3EE79;@F7DH3>AE?;7@FD3ECG7>3E7V3>1%>3H7;@F7>;97@F7CG7@AE77@5G7@FD33>7DF327E
>3E3>;63
3,;@AE77@5G7@FD3@;@9G@3>>3H7;@F7>;97@F77@HU3>3E7V3>671>>3H7;@F7>;97@F7CG7@AE77@5G7@FD33>7DF32
E79G@6A,;@AE77@5G7@FD3G@3>>3H7;@F7>;97@F77@HU3>3E7V3>B3D3>3E7V3>1%>3H7;@F7>;97@F7CG7@AE77@5G7@FD3>3
67E35F;H35;W@673H;EA2B3D367E35F;H3D>3>>3H736H7DF7@5;3

,4*>.9=.67;..6,=.6<:*6,76-2,276.;-.-.;*,<2>*,2F6-.*4.:<*26<.420.6<.;
,;E75G?B>7@>3E5A@6;5;A@7EE;9G;7@F7E 7>,$&7@HU3>3E7V3>671>>3H7;@F7>;97@F7CG7@AE77@5G7@FD3>367E35F;H35;W@6736H7DF7@5;32B3D3
67E35F;H3D>336H7DF7@5;3
.@3>>3H7;@F7>;97@F7E77@5G7@FD3?;7@FD3ECG7>3E7V3>673>7DF3CG7@AE77@5G7@FD3;@F7>;97@F77E>3E3>;63#!'
A88AF75>3;@F7>;97@F77@

-.*4.:<*-.-.<.,,2F6-.44*>.26<.420.6<.
G3@6AG@3>>3H7;@F7>;97@F7HS>;637@HU3>3E7V3>67%(*.(67E678G7D367>H7:U5G>AA7>;@F7DDGBFAD67?3@;>>367BG7DF37JF7D;ADE7BD7E;A@3E;@>>3H7
;@F7>;97@F77JF7D;AD >3E7V3>673>3D?36767F755;W@67>>3H7;@F7>;97@F7E77?;F7 35A@6;5;W@67CG7FA63E>3EBG7DF3EA7>BADFW@FD3E7DAE75;7DD35A@#!'
( A('KG@3>>3H7;@F7>;97@F77EFS7@7>H7:U5G>A
\ ,76-2,276.;-.*->.:<.6,2*-.-.<.,,2F6-.44*>.26<.420.6<.
%367E35F;H35;W@673>7DF3
G3@6AG@3>>3H7;@F7>;97@F7HS>;637@HU3>3E7V3>%($67E678G7D367>H7:U5G>A >3,$&7@HU3>3EE7V3>7EB3D31LG?436AD7JF7D@A2K136H7DF7@5;367
67F755;W@67>>3H7;@F7>;97@F723>5>XEF7D&K7>;@EFDG?7@FA3FD3HTE67>3'B3D3;@8AD?3D3>5A@6G5FAD67>37J;EF7@5;367G@3>>3H7H7D;8;5363
7@7>;@F7D;AD67>H7:U5G>A E;7?BD7CG7FA63E>3EBG7DF3EA7>BADFW@FD3E7DAE75;7DD35A@#!'( A('KG@3>>3H7;@F7>;97@F77EFS7@7>
H7:U5G>A
>>3H7;@F7>;97@F767@FDA67>336H7DF7@5;367>H7:U5G>A
,;G@3>>3H7;@F7>;97@F7;@5>GK7@6AD3@GD3;@?AH;>;L36ADE7;67@F;8;535A?A7EF3@6A7@7>H7:U5G>A67EBGTE67CG7E7BG>E37>;@F7DDGBFAD67?3@;>>367BG7DF3
7JF7D;AD >3,$&7@HU3>3EE7V3>7EB3D31LG?436AD7JF7D@A2K136H7DF7@5;36767F755;W@67>>3H7;@F7>;97@F723>5>XEF7D&K7>;@EFDG?7@FA3FD3HTE67>3'
3;@8AD?3D3>5A@6G5FAD67>37J;EF7@5;367G@3>>3H7H7D;8;53637@7>;@F7D;AD67>H7:U5G>A

EF3E36H7DF7@5;3ELG?436AD7JF7D@A 673>7DF36767F755;W@67>>3H7;@F7>;97@F75A@F;@X3@6GD3@F7G@?SJ;?A67 E79G@6AE:3EF3CG7>3E5A@6;5;A@7E67
36H7DF7@5;37EFS@67E35F;H36AE7@>3E5A@6;5;A@7E3@F7D;AD7E
>,$&E767F;7@7;@?76;3F3?7@F767EBGTE677EF3E36H7DF7@5;3EE767E35F;H3@>3E5A@6;5;A@7E6736H7DF7@5;3
\ ,76-2,276.;-.-.;*,<2>*,2F6-.*4*:5*-.-.<.,,2F6-.44*>.26<.420.6<.
5A@6;5;A@7E6767E35F;H35;W@6736H7DF7@5;3678D7@A G@5;W@

G3@6A3@F;DDA4A67E35F;H36A
>,$&7@HU3>3EE7V3>7EB3D31LG?436AD7JF7D@A2K1;@F7>;97@F76767F755;W@67F75>36767E35F;H35;W@36H7DF7@5;32

>>3H7;@F7>;97@F767@FDA675A@6;5;A@7E6767E35F;H35;W@673>3D?367>H7:U5G>A
G3@6AE734D7>3BG7DF3K>G79A57DD363K@AE77@5G7@FD3@;@9G@3>>3H7;@F7>;97@F7 7>,$&7@HU3>3EE7V3>7EB3D31LG?436AD7JF7D@A2K
1;@F7>;97@F76767F755;W@67F75>36767E35F;H35;W@36H7DF7@5;32

(.:2/2,*,2F644*>.26<.420.6<./*44.*->.:<.6,2*
G3@6AE7EA>;5;F3>3H7D;8;535;W@6753?4;A677EF36A677@57@6;6AA673DD3@CG767>?AFADK@A>3>>3H7;@F7>;97@F7H7D;8;53637EFS7@7>H7:U5G>A >3,$&
7@HU3>3E7V3>1;@F7>;97@F7F75>3677EF36A67H7D;8;535;W@2 >ACG7;@6;53CG7>3H7D;8;535;W@:383>>36A B3D3G@?SJ;?A67 E79:3EF3CG7>3H7D;8;535;W@67
>3E5A@6;5;A@7E6783>>AEA@67E35F;H36A

'AD?3>?7@F7 >336H7DF7@5;367H7D;8;535;W@67>>3H7;@F7>;97@F77EG@367>3>>3H7;@F7>;97@F75A@6;5;A@7E6783>>A
\ (.:2/2,*,2F6/*44*64*;,76-2,276.;-.-.<.,,2F6A<:*6;52;2F6

G3@6AE753?4;37>7EF36A677@57@6;6A67EBGTE67G@3>>3H7;@F7>;97@F7E7H7D;8;53?76;3@F77>;@F7DDGBFAD673DD3@CG77@>37@FD363 7>,$&7@HU37>7EF36A67
H7D;8;535;W@6GD3@F7 E79G@6AE
53?4;A677EF36A677@57@6;6A
(
(
#!'
#!'#!'
?AFAD677@57@6;6A

,;E75G?B>7@>3E5A@6;5;A@7E3@F7D;AD7E67@G7HA 7>,$&D7
H7D;8;53G@3>>3H7;@F7>;97@F7K7@HU37>7EF36A67H7D;8;535;W@6GD3@F7AFDAE E79

G3@6A7>7EF36A677@57@6;6AE753?4;3?76;3@F7>3H7D;8;535;W@FD3@EBA@676AD?;7@FD3ECG77>7EF36A67>>3H7;@F7>;97@F7E77@HU33FD3HTE67>3' 7>
,$&7@HU3>3E7V3>67H7D;8;535;W@67>>3H7;@F7>;97@F7KF3?4;T@7@HU3>3E7V3>67H7D;8;535;W@FD3@EBA@676AD6GD3@F7 E79G@6AE
4**->.:<.6,2*-.;,*:0*-.4*+*<.:E*44*>.26<.420.6<.
,;E767F75F3>343F7DU3>>3H7;@F7>;97@F743<36GD3@F77>BDA57EA67H7D;8;535;W@6753?4;A677EF36A677@57@6;6AA673DD3@CG767>?AFAD 7>,$&7@HU3>3
E7V3>67136H7DF7@5;3;@F7>;97@F7B;>367>3>>3H76743<AHA>F3<723>5>XEF7D&K7>;@EFDG?7@FA3FD3HTE67>'B3D3G@?SJ;?A67 E79G@6AE:3EF3CG7
E767E35F;H7>35A@6;5;W@6736H7DF7@5;3
\ ,4*>.-.,76/2:5*,2F6-.-.;,*:0*-.+*<.:E*26<.420.6<.A-.;*,<2>*,2F6

,;E75A@8;D?3>3>>3H7;@F7>;97@F767>343F7DU36743<AHA>F3<7 7>,$&7@HU3>3E7V3>6736H7DF7@5;36743<3F7@E;W@67>343F7DU3>>3H7;@F7>;97@F7

,;>3B;>367>3>>3H7;@F7>;97@F77EFS7@5A@6;5;A@7E@AD?3>7E 7>,$&7@HU3>3E7V3>6767E35F;H35;W@67F75>3;@F7>;97@F7673H;EA6743F7DU343<3
F7@E;W@%3>>3H7;@F7>;97@F77E>3X>F;?35>3H7GF;>;L363
4*>.:2/2,*,2F6-.4<:*6;876-.-7:/*44**->.:<.6,2*
,;G@3>>3H7;@F7>;97@F7@AE77@5G7@FD3H7D;8;536ABAD7>BDA57EA67H7D;8;535;W@675>3H7 7>,$&7@HU3>3;@8AD?35;W@CG7;@6;53CG7>35>3H7@A:3E;6AH7D;8;5363
7@7>5G36DA67;@EFDG?7@FAE3FD3HTE67>3'B3D3G@?SJ;?A67 E79G@6AE:3EF3CG7>3H7D;8;535;W@675A@6;5;W@6783>>AE767E35F;H3

>,$&7@HU3>336H7DF7@5;367H7D;8;535;W@FD3@EBA@676AD5G3@6A>35A?BDA435;W@:383>>36A5A@>3>>3H7;@F7>;97@F7;@E7DF3637@7>EABADF7
;@?AH;>;L36AD
\ >.:2/2,*,2F6&:*6;876-.:/*44*64*;,76-2,276.;-.-.<.,,2F6A<:*6;52;2F6

G3@6AE753?4;37>7EF36A677@57@6;6A67EBGTE67CG77>FD3@EBA@676ADE7H7D;8;53?76;3@F77>;@F7DDGBFAD673DD3@CG77@>37@FD363 >3,$&7@HU37>
7EF36A67H7D;8;535;W@FD3@EBA@676ADB3D3 E79

53?4;A677EF36A677@57@6;6A
(
(
#!'
#!'#!'
?AFAD677@57@6;6A

,;E75G?B>7@67@G7HA>3E5A@6;5;A@7E3@F7D;AD7E 7>,$&D7
H7D;8;537>FD3@EBA@676ADK7@HU37>7EF36A67H7D;8;535;W@B3D3AFDA
E79

G3@6A7>7EF36A677@57@6;6AE753?4;3BADG@3H7D;8;535;W@67>>3H7;@F7>;97@F7 ?;7@FD3ECG7>3H7D;8;535;W@FD3@EBA@676ADE7BDA57E3 >3,$&
7@HU3>3E7V3>B3D31H7D;8;535;W@FD3@EBA@676AD #%2 K7@HU37>7EF36A67H7D;8;535;W@67>>3H7;@F7>;97@F7B3D3 E79
"7;2,2F6-.4*<:*6;52;2F6*->.:<.6,2*
G3@6A>3B3>3@53E7>75FAD367?3D5:3E7EFS7@G@3BAE;5;W@6;EF;@F367)A'5A@#!'('K?AFAD67;@;5;36A 7>,$&7@HU3>3E7V3>1BAE;5;W@67
36H7DF7@5;3677@9D3@3<7E23>5G36DA67;@EFDG?7@FAE3FD3HTE67>3'B3D3G@?SJ;?A67 E79:3EF3CG7E767E35F;H3@>3E5A@6;5;A@7E67
8G@5;A@3?;7@FA
\ &:*6;52;2F6-.-.;*,<2>*,2F6-.*4.:<*87;2,2F6

>HA>H7D3;@F7@F3D3DD3@53D5A@#!'('KFD3@E?;E;W@7@)A'
*4.:<*.::7:%
>,$&7@HU3>3E7V3>673>7DF3677DDAD,$&3>5G36DA67;@EFDG?7@FAE3FD3HTE67>3'B3D3G@?SJ;?A67 E795G3@6AE7BDA6G57G@7@7>7EF36A67
7@57@6;6A7DDADD7>35;A@36AA7DDADE;EF7?3677@FD363B3E;H3
\ 4*;,76-2,276.;-.<:*6;52;2F6-..::7:%
G3@6AE767F75F35G3>CG;7D367>AEE;9G;7@F7E7DDAD7EKG@-E77EF34>757 7>,$&7@HU3>3E7V3>673>7DF3677DDADB3D3 E79
BAF7@5;36743<3F7@E;W@
>W9;536743<3F7@E;W@@53EA
677DDAD( 83>>7#!'@53EA
677DDAD#!'( 83>>7;9@@53EA
677DDAD;9@( 83>>3@

ADFA5;D5G;FA;@F7DDGBFAD,-+-
>,$&7@HU3>3E7V3>5ADD7EBA@6;7@F7EW>AG@3H7L6GD3@F7 E5G3@6A5G3>CG;7D367>AE7DDAD7E3@F7D;AD7EE767F75F35A@#!'( (',77@HU3>3
E7V3>67@G7HA5G3@6AE7BDA6G57G@@G7HA7DDAD

4/:.67-.*4.:<*9=.67<:*+*3*
>,$&7@HU37>8D7@A@A8G@5;A@3E7V3>673>7DF36GD3@F7 E79G@6AE5363H7LCG7E753?4;37>7EF36A677@57@6;6A67EBGTE67>7D5;5>A
(

#!'

( ?;7@FD3ECG77>8D7@A7EFS>;4D7
\ ->.:<.6,2*:.9=2;2<7;-.,*6,.4*,2F6

5G3@6AE7B;E37>B763>678D7@A 7>E;EF7?3E7D7;@;5;3KE77@HU3E7V3>6767E35F;H35;W@673>7DF35G3@6A7> ?;@

F7?BAD;L36ADE7F7D?;@3
-.4.5+:*0=.-.*4.:<*9=.67<:*+*3*
>,$&7@HU37>7?4D39G7@A8G@5;A@3E7V3>673>7DF36GD3@F7 E79G@6AE5363H7LCG7E753?4;37>7EF36A677@57@6;6A67EBGTE67>7D5;5>A
(

#!'

( ?;7@FD3ECG77>7?4D39G7@AE7GF;>;L3
\ ->.:<.6,2*:.9=2;2<7;-.,*6,.4*,2F6

5G3@6AE7B;E37>B763>67>7?4D39G7 7>E;EF7?37EE77@HU3E7V3>6767E35F;H35;W@67D7E7FK673>7DF35G3@6A7> ?;@

&.,4*26<.420.6<.*4.:<*-.-.<.,,2F6:*6=:*
\ ->.:<.6,2*,76-2,276.;-.<:*6;52;2F6

>,$&7@HU3>3E7V3>673>7DF36767F755;W@D3@GD367>>3H7;@F7>;97@F7B3D3 E795G3@6AG@3F75>3;@F7>;97@F7;@E7DF3637@>3D3@GD3E767F75F35A@
#!'( K>3BG7DF367>5A@6G5FAD34;7DF3
\ ->.:<.6,2*:.9=2;2<7;-.,*6,.4*,2F6

5G3@6AE7D7F;D3>3>>3H7;@F7>;97@F7 E77@HU3>3E7V3>6767E35F;H35;W@673>7DF35G3@6A7> ?;@

8:27:2-*--.*4.:<* %
#@F7>;97@F7673>7DF33534A5>3H7 0-+#(+

#@F7>;97@F7673>7DF3673H;EA67>>3H7 0-+#(+
H7D;8;535;W@67>>3H7;@F7>;97@F73>3D?36783>>3 #'-+#(+
-D3@EBA@676AD3>3D?36783>>A67>3H7D;8;535;W@ #'-+#(+
43F7DU367>3>>3H7;@F7>;97@F7673>7DF36743<AHA>F3<7 #'-+#(+
)AE;5;W@67>3FD3@E?;E;W@673>7DF3 #'-+#(+
3>7DF3677DDAD,$& #'-+#(+
3>7DF3678D7@A #'-+#(+
3>7DF3677?4D39G7 #'-+#(+
%>3H7;@F7>;97@F73H;EAD75AD63FAD;AD3@GD3 #'-+#(+

=:/-303-+-3K8
E./:38 =:/-303-+-3K8
C4=B8T==><8=0; .
,4=B8T=345D=28>=0<84=C> .I.
'>?4A0C8E>
.I.
E>;C094
E>;C09434;08=B?4228T= .
,4<?4A0CDA034

XI X
5D=28>=0<84=C>
,4<?4A0CDA0340;<024=0<84=C>
XIX
#!'( < .

2>=3828T=34<43828T=0X B46D=3>B34B?DQB34@D4;086=828T=4B
>AA84=C4>B2DA0 0?0603>BGB44BC018;8H0A>=;>B30C>B2>=B86D4=
#!'('&0F .

2>=3828T=34<43828T=0X3DA0=C44;<>3>34E4A8582028T=,

"$ "%!%
38.3-+.9<./-+6/8>+73/8>9./6@96+8>/+J+.3K
-6+=/%(
8>/<39< 9<<3/8>/
-=8=38203>A0S0383>34B34;05D=28T=3420;450228T=34;E>;0=C44BCP4@D8?03>
8.3-+.9<./:</+6/<>+</9<1+83D+.9
-6+=/%(
8>/<39< 9<<3/8>/
*4>A60=8H03>8=38203>A34?A4
0E8B>@D4B44=284=34GB40?0602D0=3>B44=284=344=24=383>
8.3-+.9<./79.9./38@3/<89+J+.3.9%
-6+=/.//80/<7/.+./=./><+8=73=3K8=/B?+6
8>/<39< 9<<3/8>/
8=38203>A34<>3>348=E84A=>0S0383>D=%E4A34

-6+=/%(
BC>B4<D4BCA03DA0=C4B46D=3>B2D0=3>B402C8E04;<>3>348=E84A=> @D4B4<D4BCA03DA0=C4B46D=3>B2D0=3>B434B02C8E04;<>3>348=E84A=>GB4
<D4BCA0=3DA0=C4B46D=3>B0;0AA0=20A4;<>C>AG2>=3D28A5D4A0<4=B094(,%
6+=6G7:+<+=./+.@/<>/8-3+=/1L86+=89<7+=%!
&+8>9%(C6+-6+=/./&%
8>/<39< 9<<3/8>/
3E4AC4=280BR<1>;>B;P<?0A02D<?;4=;0B=>A<0B#+(DC8;8H03>B4=C>3>B;>B<>34;>B?>A494<?;>
BR<1>;>/E4A8582028T=#=38203>A
@3=?+63D+-3K8./6+>/7:/<+>?<++7,3/8>/
8>/<39< 9<<3/8>/
DC><PC82> 2;0B4+. DC><PC82> 2;0B4+.
&0=D0; 2;0B4344=54A<43034B34CA0=B<8B8T=B4FD0;
,4<?4A0CDA00<184=C4C0<18Q=4BCPA4?A4B4=C0304=4;E47R2D;>2>=4;8=C4AAD?C>A342>=CA>;<0=D0;

</=>+,6/-/<6+/-9897I+./-97,?=>3,6/:<97/.39C-+63,<+.9./09<7++?>97G>3-+-?+8.9=/
</-+<1+
&+8>9%(C6+-6+=/./&%
8>/<39< 9<<3/8>/
*4BC01;424A?>A4;DBD0A8> *4BC01;424A?>A4;DBD0A8>GA40A<40DC><PC82>2D0=3>B4A420A60
8.3-+-3K8./-98=?79./-97,?=>3,6/38=>+8>G8/92+-+7,3+.9
-6+=/%(
8>/<39< 9<<3/8>/
0<1803>34C8?>34586DA006AP582>3410AA0BC8?>
38.3-+.9<"</+.@/<>/8-3+:+<+/679>9<./=9,</-+6/8>+73/8>9
-6+=/%( -6+=/.//80/<7/.+./=./><+8=73=3K8=/B?+6
B44;8<8=04;8=38203>A34?A40E8B>?0A04;B>1A420;4=C0<84=C>34;<>C>A
6K13-+&%-+7,3K
->?+6-6+=/
%(
;P<?0A03403E4AC4=280)+ ?0=C0;;0,&+ %=>0?0A424
)+;P<?0A0340E8B>B4
4=284=34 '>B4E8BD0;8H0;0?0=C0;;0
%
,&++8BC4<034!4BC8T=34'8E4;3438A4228T==>B4E8BD0;8H02D0=3>)+;P<?0A0340E8B>B44=284=34

!$F $
"0G3>BC8?>B4=4;2D03A>348=BCAD<4=C>BDC8;8H03>B?0A0$(*'(+.BD?4AE8B8T=G4=54A<43034B34CA0=B<8B8T=B4FD0;4BCP=30A&84=CA0B@D44;C8?>
+.C84=4CA4B?0=C0;;0B%
(,% !!+!%G((+!% 4;C8?>344=54A<430334CA0=B<8B8T=B4FD0;C84=4D=0?0=C0;;0%
%#'
] %(
!!%
% %

] /80/<7/.+./=./><+8=73=3K8=/B?+6

7/.3.9<./$"./679>9< (/69-I7/><9

/=-<3:-3K8./+.@/<>/8-3+G7:+<+=C8.3-+.9</=
%(

%&

/>+66/=./6+=6G7:+<+=./+.@/<>/8-3+/38.3-+.9</=
] 38.3-+.9<./2+D./+6>+0+<9
8.3-+.9<
+D?6
BC0;P<?0A0B44=284=342D0=3>B40228>=04;70H340;C050A>
] 8.3-+.9<./6?D+8>383/,6+./6+8>/<+
8.3-+.9<
@/<./
BC48=38203>AB44=284=342D0=3>4;8=C4AAD?C>A34;0;P<?0A034=841;0B470245D=28>=0A34B?DQB34;0;P<?0A0B342>;0
B44=284=34
] 8.3-+.9<./6?D6+>/<+6
8.3-+.9<
@/<./
BC48=38203>AB44=284=342D0=3>;0;P<?0A0342>;04BCP4=24=383>
] 69A38.3-+.9<=K69%
8.3-+.9<
G7,+<
BC48=38203>AB44=284=342D0=3>4;8=C4AAD?C>A344=24=383>B42>;>204=;0?>B828T=('GB40?060
2D0=3>;0B1D9R0B348=20=34B24=280B>=;>BD58284=C4<4=C420;84=C4
] 8.3-+.9<./036><9./-97,?=>3,6/=K69%
8.3-+.9<
<949
BC48=38203>AB44=284=342D0=3>4;=8E4;3406D04=4;58;CA>342><1DBC81;44F243434D=284AC>=8E4;

] 6G7:+<+./+.@/<>/8-3+./83@/6,+49./-97,?=>3,6/
G7:+<+./+.@/<>/8-3+
G7,+< BC0;P<?0A0B44=284=34B84;=8E4;342><1DBC81;44B340?A>F Z>B86D84=C4B
+8=4<10A6> 4;=8E4;342><1DBC81;4?D43420<180A;864A0<4=C434?4=384=3>34;02>=3828T=34;E47R2D;> ;0
8=2;8=028T=34;020AA4C4A0 4C234<PB ?0A?0340B870GD=2>AC>28A2D8C>>28A2D8C>0184AC>4=CA44;B4=B>A34=8E4;34
2><1DBC81;4G2;UBC4A
] %9,</-+6/8>+73/8>9./679>9<6?D./+.@/<>/8-3+
G7:+<+./+.@/<>/8-3+
<949 D0=3>;0C4<?4A0CDA034;A45A864A0=C44B N>BD?4A8>A 4BC0;P<?0A0?0A?03400D=0
8=C4AE0;>34B46D=3> B4E8BD0;8H0D=<4=B094 ;003E4AC4=280BD4=0D=0E4H0CA0EQB34;
0;C0E>HGBD4=04;HD<103>A4=D=8=C4AE0;>34 B46D=3>B
] "?/<>+/8></+,3/<>+
G7:+<+./+.@/<>/8-3+
<949
BC0;P<?0A0B44=284=342D0=3>D=0?D4AC04BCP0184AC0><0;24AA030,0=C>+,G
+.2;0B4
] $/-9<.+>9<39./-38>?<K8./=/1?<3.+.
G7:+<+./+.@/<>/8-3+
<949
BC0;P<?0A0B44=284=342D0=3>4;8=C4AAD?C>A344=24=383>B4B86D8T034;0=C4+4B86D4E8=84=3>
B>1A4B84;28=CDAT=34B46DA830334;2>=3D2C>A=>4BCP01A>2703>
] ,96=+./+3</
G7:+<+./+.@/<>/8-3+
<949 BC0;P<?0A0B44=284=342D0=3>4;8=C4AAD?C>A344=24=383>B4?D;B04=4;<>3>('2>=C8=D028T=
B0;4B84;B8BC4<04B=>A<0;
+84BC0;P<?0A0?4A<0=4244=24=38303DA0=C4;02>=3D228T= 4BC>B86=85820@D44;B8BC4<0341>;B03408A44B34542CD>B>

8.3-+.9<
G7,+<
BC48=38203>AB44=284=342D0=3>4;B8BC4<0+)4B34542CD>B>
G7,+<%"
] 8.3-+.9<%"!
8.3-+.9<
BC48=38203>AB44=284=342D0=3>B4?D;B04;8=C4AAD?C>A+)(
] 6G7:+<+./+.@/<>/8-3+./679>9<./6-2/;?/
8.3-+.9<
G7,+<
BC0;P<?0A0B44=284=34B82D0;@D84AB4=B>A>38B?>B8C8E>A4;028>=03>2>=4;2>=CA>;34;<>C>A4B34542CD>B>
] 6G7:+<+./+@3=9./-+<1+./6+,+>/<I+
8.3-+.9<<949
BC0;P<?0A0B44=284=342D0=3>4;8=C4AAD?C>A340AA0=@D44BCP4=24=383>>2D0=3>4;=8E4;3410C4AR04B109>
)0A0& 03E8AC84=3>34;0;P<?0A04B2>=CA>;0303402D4A3>2>=;0B4S0;'
] 6G7:+<+./+@3=9./683@/6./+-/3>/./679>9<
8.3-+.9<<949

BC0;P<?0A0B44=284=342D0=3>4;8=C4AAD?C>A344=24=383>B42>;>204=?>B828T=(' G;D46>B40?060B84;=8E4;
340248C434;<>C>A4B=>A<0;+8;0;DH3403E4AC4=28034;=8E4;340248C434;<>C>AB44=284=343DA0=C4;02>=3D228T=

2><?A>10A4;=8E4;340248C434;<>C>AG;05D60340248C4

] 6G7:+<+./+.@/<>/8-3+./0</8906?3.9./0</89
8.3-+.9<
<949
BC0;P<?0A0B44=284=342D0=3>B40?;8204;5A4=>34<0=>>4;;R@D83>345A4=>4B8=BD58284=C4

+84BC0;P<?0A0=>B40?06034B?DQB34@D44;5A4=>344BC028>=0<84=C>B4;814A0 2><?A>10A4;=8E4;34;R@D83>34
5A4=>?A8<4A>G;D46>4;5;D83>345D60
] 6G7:+<+./+.@/<>/8-3+./6%
8.3-+.9<
G7,+<

BC0;DH340E8B>B44=284=342D0=3>4;8=C4AAD?C>A344=24=383>4BCP4=(' ?4A>3414
0?060AB4B84;B8BC4<04B=>A<0;
] +3<,+1./6:+=+4/<938.3-+.9<././=+->3@+<
8.3-+.9<
G7,+<
BC48=38203>AB44=284=342D0=3>B40228>=04;8=C4AAD?C>A08A10634;?0B094A>(
] "%
8.3-+.9<
<949
BC48=38203>AB44=284=342D0=3>4;B8BC4<0)+4B34542CD>B>
] 38.3-+.9<./63879@363D+.9<
8.3-+.9<
G7,+<
BC48=38203>AB44=284=344;8=<>E8;8H03>ACA0=B?>=343>A=>4BCP24AC8582030

] ./"/631<9
8.3-+.9<
<949
@/<./8.3-+.9<
] 38.3-+.9<!
8.3-+.9<
BC48=38203>AB44=284=342D0=3>B402C8E04;B8BC4<0342AD24A>(BC4
8=38203>AB40?0602D0=3>B4?8B04;?430;345A4=>(34B02C8E03>
] 8.3-+.9<./-98><96./-<?-/<9
8.3-+.9<
@/<./
BC48=38203>AB44=284=342D0=3>B402C8E04;B8BC4<0342>=CA>;342AD24A>BC48=38203>AB4
4<4A64=280B44=284=34=+40?;8200;02;0B4344=54A<43034B34CA0=B<8B8T=B4FD0;
0?0602D0=3>B4?8B04;?430;345A4=>AD24A>0DC><PC82>34B02C8E03>
]
8.3-+.9<)!
8.3-+.9<@/<./
BC0;P<?0A0340E8B>B44=284=342D0=3>B4?D;B04;1>CT=34/%($BC48=38203>AB4
0?0602D0=3>B4?D;B034=D4E>4;8=C4AAD?C>A
] 6G7:+<+./+.@/<>/8-3+./-97:<9,+-3K8)
8.3-+.9<
<949
BC0;P<?0A0340E8B>B44=284=342D0=3>4;B8BC4<0/4B34542CD>B>BC48=38203>AB44=284=342D0=3>;0B;D24B34

] "+=+4/<9</-9<.+>9<39./6-38>?<K8./=/1?<3.+.
8.3-+.9<
<949
BC48=38203>AB44=284=342D0=3>4;8=C4AAD?C>A344=24=383>B42>;>204=;0?>B828T=('GB40?060
2D0=3>B4BD94C04;28=CDAT=34B46DA830334;?0B094A>
] 8.3-+.9<./=/J+6./13<9+6+3D;?3/<.+
8.3-+.9<
@/<./ ;8=38203>A34B4S0;3468A>0;08H@D84A30?0A?0340B84;8=C4AAD?C>A34;0;DHB44<?D90702800109>0;08H@D84A30 G0<1>B
8=38203>A4B348=C4A<8C4=C43403E4AC4=280?0A?0340APB84;?4;86A>B4?D;B04;8=C4AAD?C>A348=C4A<8C4=280
] 8.3-+.9<./=/J+6./13<9+6+./</-2+
8.3-+.9<
@/<./
;8=38203>A34B4S0;3468A>0;034A4270?0A?0340B84;8=C4AAD?C>A34;0;DHB44<?D90702800AA8100;034A4270 G0<1>B
8=38203>A4B348=C4A<8C4=C43403E4AC4=280?0A?0340APB84;?4;86A>B4?D;B04;8=C4AAD?C>A348=C4A<8C4=280
] 8.3-+.9<./679.9./38@3/<89=K69%
8.3-+.9<
D0=3>B4?D;B04;8=C4AAD?C>A34<>3> B4B4;4228>=04;<>3>348=E84A=>G4;8=38203>A34<>3>34
<949
8=E84A=>B44=284=344=4;2D03A>348=BCAD<4=C>B;<>3>348=E84A=>B4DC8;8H0?0A04<?4H0A4=D=0
20AA4C4A0A4B10;038H02>=;0J<0A270+8B4ED4;E40?D;B0A4;8=C4AAD?C>A 4;<>3>348=E84A=>B434B02C8E0
G4;B8BC4<0ED4;E40;<>3>4BCP=30A
] 6G7:+<+./+.@/<>/8-3+./66+@/38>/631/8>/
8.3-+.9<
G7,+< BC0;P<?0A0B44=284=342D0=3>B434C42C04;CA0=B?>=343>AB8=24AC85820A>;;0E48=C4;864=C4
+$&B8BC4<04B34542CD>B>>=>70G=8=6D=0C42;08=C4;864=C44=4;E47R2D;>

] 8.3-+.9<./679.9./38@3/<89=K69%
8.3-+.9<
BC48=38203>AB44=284=342D0=3>4;8=C4AAD?C>A34<>3>348=E84A=>B44=284=34GB40?0602D0=3>4;8=C4AAD?C>A
@/<./
4BCP0?0603>
BC>E84=49D=C>2>=;0E8BD0;8H028T=34;<>3>348=E84A=>4=;0?0=C0;;0%+40?;8200;02;0B4344=54A<43034B34
CA0=B<8B8T=B4FD0;
] 38.3-+.9<./-+6/8>+73/8>9./6@96+8>/
8.3-+.9<
G7,+< BC48=38203>AB44=284=342D0=3>4;8=C4AAD?C>A3420;4=C0<84=C>E>;0=C44B>?4A03>2>=4;
8=C4AAD?C>A344=24=383>4=284=34G4;<>C>A4=<0A270+40?;8200;02;0B4+.

"$!%!' ! &!
%(
%&

3+1<+7+./69;?/=
] %(

] /80/<7/.+./=./><+8=73=3K8=/B?+6

=/-?/8-3+./@3=?+63D+-3K8
] =/-?/8-3+./@3=?+63D+-3K8:+<+6+:+8>+66+:<38-3:+6&%C%(!&
6>3/7:9./0?8-398+73/8>9./@3+4/
?8-3K8
-+7,3+<
)>A34109>34B46D=3> 4=54A<43034B34CA0=B<8B8T=B4FD0;
0<18>34<>30;8303
0 34<>30;8303
,*#)[[,*#),[ [# [#%-&#'#O'[

(-,,&)
&PB34B46D=3> 5D=28T=34A4?>B828T=,A8?
#;D<8=028T=0=8E4; ;0D=830334C4<?4A0CDA04FC4A8>AX\Y
&PB34B46D=3>B
0<18>34<>3>%8BC>
#;D<8=028T=[(-,,&)[((
+84;8=C4AAD?C>A34E8094*4B4C=>B4?A4B8>=034=CA>34B46D=3>B34B?DQB344=CA0A4=4;<>3>348;D<8=028T=G4;<>3>34C4<?4A0CDA034;08A4
0<184=C4 ;0?0=C0;;0%20<1800;<>3>B86D84=C4;<>3>3409DBC4345P1A8204B,38BC0=2800;E02R>34<>3>

!:/<+-398/=./36?738+-3K8C,<3669./
6+0?/8>/./+637/8>+-3K8
] +=9:/<+-398/=:+<+6+0?/8>/./+637/8>+-3K8/8%(
D0=3>4;8=C4AAD?C>A344=24=383>B42>;>204=;0?>B828T=(' 4;<4=B094/%(&B4<D4BCA03DA0=C4B46D=3>B4=4;(,%G4;A42>A30C>A8>34
28=CDAT=34B46DA8303B44=284=343DA0=C4B46D=3>B+8=4<10A6> B8B4A42814D=0B4S0;2>=<0G>A?A8>A8303 4;A42>A30C>A8>3428=CDAT=34B46DA83034=CA0
4=B>;0<4=C43DA0=C4B46D=3>B?0A0@D40?0A4H20;8=38203>A34?A4
03E4AC4=2802><?A>1028T=34;B8BC4<0B44=284=343DA0=C4B46D=3>BGB40?060
B46D=3>B34B?DQB34@D44;4=24=383>4BCP2>=42C03>

,>30B;0BB4S0;4B344=CA030?D434=B4A344=CA030B46D=3>B34B?DQB34@D44;8=38203>A34?A4
03E4AC4=2802><?A>1028T=34;B8BC4<04<?84H00
8;D<8=0A
+T;>4;BR<1>;>G%(,B48;D<8=0=8=8280;<4=C4 B8;0B4S0;34?D4AC0'+$&+<0AC&T3D;>$4G>B4A42814<84=CA0BB4
BD<8=8BCA0340;8<4=C028T=
+84;4=24=383>4BCP2>=42C03>2>=;0?0=C0;;0%8;D<8=030 4;4?0AC0<4=C>34,A0=B?>AC434;%G4;BR<1>;>B86D4=4;B0;?82034A>;03>
D0=3>;04C0?0 GB4;;4E0=0201>34B?DQB34B46D=3>B ;0;P<?0A0340E8B>3428=CDAT=34B46DA8303B434B02C8E02>=0=C4;028T=

80;;DHB>1A4BD2>=3828T=+48;D<8=0?>2>0?>2>3DA0=C4B46D=3>B2D0=3>4;4=24=383>4BCP2>=42C03>

D0=3>4;4=24=383>4BCP34B2>=42C03> 4;<4=B094#O+B4<D4BCA03DA0=C4B46D=3>BG34B0?0A424%>B>CA>B%B40?060=C0=?A>=C>

2><>4;4=24=383>4BCP34B2>=42C03>
%04B54A0G4;?D=C4A>38<0109>3DA0=C4B46D=3>BGB40?060=0;<8B<>C84<?>4=@D44;(,%B40?060

] +=9:/<+-398/=:+<+6+0?/8>/./+637/8>+-3K8/86+/80/<7/.+../><+8=73=3K8=/B?+6
%04=CA03034>?4A028T=0=C4B34@D4;0A4CA>8;D<8=028T=34;0?0=C0;;0B48;D<8=0 9DBC>34B?DQB34@D44;4=24=383>B42>;>204=( D(' B486=>A0
%0;DH345>=3>%G>CA0B;P<?0A0BB48;D<8=0= L B46D=3>B34B?DQB34;086=828T=('4B

34C42C03>
%0?0=C0;;0% A4CA>8;D<8=028T=34;0?0=C0;;0 <0A@D4;0;P<?0A0G;0;P<?0A0342>=CA>;B402C8E0=>34B02C8E0=<4380=C44;8=C4AAD?C>A344=24=383>('
( >?4A028T=

3@/6./36?738+-3K8
] <3669/8%(
3+6
36?738+-3K8 !& !!MM
++637/8>+-3K8./0?8-398+73/8>9
:?8>/<9
+8>/<39<
I+ 9-2/ I+ 9-2/ .I+ 9-2/
( B8=4<10A6> 4;=8E4;?0A0;0>?4A028T=
4B?DQB =8E4; =8E4;
8=8280;2>=G#!'('

?D434

34B?4AC0A 4B?DQB &0=C84=44; &0=C84=44; ( B8=4<10A6> <0=C84=44;=8E4;0=C4A8>A?0A0;0

?A8<4A0E4H =8E4; =8E4; >?4A028T=8=8280;2>=G#!'('
0=C4A8>A 0=C4A8>A
'8E4;
'8E4;
'8E4;

#!'
'8E4;
'8E4;
=8E4;
] <3669/8/6%&
:<38-3:+6 3+6:?8>/<9
++637/8>+-3K8./0?8-398+73/8>9 83@/6./36?738+-3K8
I+ 9-2/ I+ 9-2/

)!( )!( )!( )!(

?D43434B?4AC0A
'8E4;
'8E4;
'8E4;
#!'
'8E4;
'8E4;
=8E4;

8G63=3=./6%3=>/7+
%(
] %I7,969=/8%(

] %I7,969=/8%(+><+@H=./

;?A4
03E4AC4=280B4A40;8H03DA0=C4B46D=3>B34B?DQB344=24=34A4;8=C4AAD?C>A344=24=383>0;0?>B828T=('274@D4B&@D4;0B;P<?0A0B34
03E4AC4=280+ +) +)( /"$ /%($B42>AA4B?>=34=2>=;0BB4S0;4B'
;?A40E8B>B4;;4E00201>?>A4;2T386>E0A80=C4

;?A4
03E4AC4=28034;003E4AC4=280342>=CA>;&#(&B4;;4E00201>0 <B34B?DQB340?060A4;8=C4AAD?C>A344=24=383>0;0?>B828T=('

#!'(',84<?>3434C4228T= I <B34B?DQB344=24=34A4;8=C4AAD?C>A344=24=383>4=;0?>B828T=('

%&
] %I7,969=/8/6&%

;?A4
03E4AC4=280B4A40;8H03DA0=C4B46D=3>B34B?DQB344=24=34A4;8=C4AAD?C>A344=24=383>0;0?>B828T=('274@D4B&@D4;0B;P<?0A0B34
03E4AC4=280+ +) +)( /"$ /%($B42>AA4B?>=34=2>=;0BB4S0;4B'
;?A40E8B>B4;;4E00201>?>A4;2T386>E0A80=C4

;?A4
03E4AC4=28034;003E4AC4=280342>=CA>;&#(&B4;;4E00201>0 <B34B?DQB340?060A4;8=C4AAD?C>A344=24=383>0;0?>B828T=('

#!'(',84<?>3434C4228T= I <B34B?DQB344=24=34A4;8=C4AAD?C>A344=24=383>4=;0?>B828T=('

] %I7,969=/8/6&%+><+@H=./

9.K7/><9!!C7/.3.9</=./@3+4/&$"
%038BC0=280C>C0;342>=3D228T=34 0:8;><4CA>B> 0 <8;;0BG;038BC0=2803438B?0A> 0 :< >
<8;;0BB420;2D;0=DC8;8H0=3>4;E0;>A34?D;B>?>A:8;><4CA>@D4B4?A>6A0<04=;0)*(&
E4;>28303342>=3D228T=<PF8<00?;8201;44B34 :<7+8;0E4;>2830334;E47R2D;>BD?4A04;;R<8C4 ((G4;<4383>A34E8094=>5D=28>=0
<PBG4;?D=C4A>8=3820;0<PF8<0:<7&)"%08=5>A<028T=342D4=C0348<?D;B>BB44=ER034B344;<T3D;>34E4;>283034=5D=28T=34;0
E4;>283033430C>B?D434@D42>8=28302>=;05A42D4=28034E4;>28303

] %&6+=/9.K7/><9./@3=?+63D+-3K8C+67+-/8+73/8>9./.+>9=
?8-3K8 %/J+6 !,=/<@+-3K8
0C>B344=CA030 B4S0;34E4;>28303
,8?>34E8BD0;8H028T= 3R68C>B%
A0=6>34E8BD0;8H028T= I:8;><4CA>B<8;;0B
">;3
*4B>;D28T= :<<8;;0B
;E0;>A<PF8<> +8B4A42814;0B4S0;@D48=3820
(3> ;0E4;>28303A40;34;E47R2D;>
?>A4=28<034 :<7 ;>B
30C>B=>B402D<D;0
&% %(
] %&6+=/-?/8>+536K7/><9=:+<-3+63=:6+C
?8-3K8 %/J+6 !,=/<@+-3K8
0C>B344=CA030 B4S0;34E4;>28303
,8?>34E8BD0;8H028T= 3R68C>B%
A0=6>34E8BD0;8H028T= I :8;><4CA>B
<8;;0B
I :8;><4CA>B
<8;;0B
*4B>;D28T= :<<8;;0B
;E0;>A<PF8<> [ [

(3> :<
[[
:<
&% %(
#!'( &4<>A8H0AG<0=C4=4A;038BC0=28034;E80940=C4A8>A
30C>B2;0A>B 340;8<4=C028T=34C4=B8T=?>A?A8<4A0E4H;0?A4=B0G4;8=C4AAD?C>A34<>3>
344B?4A03DA0=C4<PB34B46
;E0;>A<PF8<> +8B4A42814;0B4S0;@D48=3820;0E4;>28303A40;34;E47R2D;>?>A4=28<034 :<7 ;>B30C>B=>B402D<D;0

(3>

9.9./@3=?+63D+-3K8
&.3=>+8-3++6@+-I99.9
;,38BC0=2800;E02R>5D=28T=4BD=04BC8<028T=34;020=C83030U=<PB4;E47R2D;>?D434B4A2>=3D283>2>=4;2><1DBC81;4A4BC0=C44=4;C0=@D4
10B03>4=4;?0CAT=342>=3D228T=0=C4A8>A42>=><R0342><1DBC81;4
] %&6+=/9.K7/><9./@3=?+63D+-3K8C+67+-/8+73/8>9./.+>9=
?8-3K8 %/J+6 !,=/<@+-3K8
,8?>34E8BD0;8H028T= 3R68C>B%
A0=6>34E8BD0;8H028T= :8;><4CA>BI:< <8;;0B
I<8;;0B
*4B>;D28T= :<<8;;0B
8=C4AE0;>34E8BD0;8H028T= 2030B46D=3>
&% %(

9.9./-98=?797/.39
%0?0=C0;;0%8=38204;2>=BD<><438>342><1DBC81;420;2D;03>4=10B40;038BC0=280C>C0;342>=3D228T=G4;2>=BD<>C>C0;342><1DBC81;4G0@D434
0;8<4=C028T=>34A4BC01;428<84=C>3430C>B
?8-3K8 %/J+6 !,=/<@+-3K8
,8?>34E8BD0;8H028T= 3R68C>B%
*0=6>34E8BD0;8H028T=I :8;><4CA>B :8;><4CA>B
<8;;0BI<8;;0B
*4B>;D28T= :<<8;;0B
#=38203>A348=C4AE0;>B2030 B46D=3>
30C>B2;0A>B
E>;C094
34B2>=4F8T=

)D;B4G<0=C4=60?D;B03>34;8=C4AAD?C>A
&% %(
34A409DBC43DA0=C4<PB34B46

*4BC01;424AP0DC><PC820<4=C4
2D0=3>B4A420A60
9.9./-98=?79./-97,?=>3,6/38=>+8>G8/9
%0?0=C0;;0%8=38204;2>=BD<>342><1DBC81;48=BC0=CP=4>3DA0=C4B46D=3>B 20;2D;03>B>1A4;010B434;02>=3D228T=38BC0=280G4;2>=BD<>34
2><1DBC81;434;>BU;C8<>BB46D=3>B
?8-3K8 %/J+6 !,=/<@+-3K8
,8?>34E8BD0;8H028T= 3R68C>B%
*0=6>34E8BD0;8H028T= I
&)! Z :< :<Z
*4B>;D28T= :<<8;;0B
#=38203>A348=C4AE0;>B2030B46D=3>B
&%

D0=3>4;4=24=383>4BCP2>=42C03>G4;E47R2D;>3A8E43<PB34 :< 4;2>=BD<><438>342><1DBC81;4B4<D4BCA04=2030 4=4;2>=BD<>342><1DBC81;4G;038BC0=280342>=3D228T=34 34E8BD0;8H028T= (,*,#)((,
A0=6>34E8BD0;8H028T= I Z :< :<Z I &)!
*4B>;D28T= Z :< :<Z?>A10AA0

(, &)!?>A10AA0
8=C4AE0;>34E8BD0;8H028T=2030 <BK
%(

79.9./36?738+-3K8
] (38>/<<?:>9<$%&

)A4B8>=4?>A<4=>B34B46D=3>4;20<18>0;<>3>B86D84=C4)D;B4

3DA0=C4<PB34B46D=3>=CA0A4=4;<>3>34=8E4;348;D<8=028T=
[ %>B20<18>B34=8E4;34?0B>702800AA810G702800109>2D0=3>B4?D;B04;8=C4AAD?C>A3DA0=C4<PB34
B46D=3>4=4;<>3>348;D<8=028T=2>=B42DC8E0<4=C4
)>A494<?;> =8E4;[[[[[[[

+84;8=C4AAD?C>A34E8094*4B4C=>B4?A4B8>=034=CA>34B46D=3>B34B?DQB344=CA0A4=4;<>3>348;D<8=028T= ;0?0=C0;;0%20<1800;<>3>
B86D84=C4
%(-?+.<9./38=><?7/8>9=./-6+=/ &%-?+.<9./38=><?7/8>9=./-6+=/
&% %(
9.9./+3</+7,3/8>/&/7:/<+>?<+

%0C4<?4A0CDA034;08A40<184=C4B420;2D;0GE8BD0;8H0

BC>B4E8BD0;8H04=C0=C>+,G2;0B4+. 8=34?4=384=C4<4=C434;C8?> ,<0=D0;>0DC><PC82>

)0A0;02;0B4+. 4;2>=3D2C>A4BC01;424BT;>;0D=83034=CA4XGY4=4;(,% 4;0<184=C4
C4<?4A0CDA0B4E8BD0;8H04=;0?0=C0;;0%+!
?8-3K8 %/J+6 !,=/<@+-3K8
,8?>34E8BD0;8H028T= 3R68C>B%
A0=6>34E8BD0;8H028T=

XI X

YIY

XI
X
<0=C4=4A XX

IX<0=C4=4A
X
&% %(
*4B>;D28T= XY

D?7,+.9<
] "</=?:?/=>9
?8-3K8 %/J+6
=><1A434;0?84H0 )$&))

&-*, ?84H>4;Q2CA82>><?>=4=C4B+>D=3
E>;C094344=CA03003<8B81;4 .)
)><4=>B
,4<?4A0CDA0345D=28>=0<84=C>
K0 K
,4<?4A0CDA0340;<024=0<84=C>
K0 K
'8E4;34?A4B8T=34B>=83> 3<8=.?

? :"H >=302D03A030 2<
0?028303 = L "H
] %+63.+
/B-/:>9/.39 *?7,+.9<
!<3/8>//.39
E./:38 "<39<3.+.
=K69%& =>/
>3/7:9 ?/<+./>3/7:9
)+ ( (

>=4;0E8B>34
( F 28303
+) ( ( 342><1DBC81;4 ( ( 34
( ( B B
<0=>

<>3D;028T=345A42D4=280 :"H

+8;0B4S0;2>=<0G>A?A8>A8303B402C8E03DA0=C4;0>?4A028T=34;0B4S0;2>=<4=>A?A8>A8303 ;0>?4A028T=4=2DAB>
3414B4A2><?;4C03>0=C4B348=8280A;0>?4A028T=2>=<0G>A?A8>A8303+870GE0A80BB4S0;4B0;0E4H ;0>?4A028T=

3414B4A2><?;4C03>?>A;0?A8>A8303

"%=3=>/7+./+C?.+:+<++:+<-+<
"<9-/=9./%/8=9<./0?8-398+73/8>9
%>BB4=B>A4B34D;CA0B>=83>BCA0=B<8C4=>=30BD;CA0BT=820BGA42818A;0B>=30BA45;49030B34B34D=>1BCP2D;>?0A0
34C42C0A;>4=4;B86D84=C4>A34=%[[*

9.9./?>9.3+18K=>3-9
] 98.3-398/=./9:/<+-3K8
0DC>3806=TBC82>B4A40;8H0D=0E4H2D0=3>4;4=24=383>4BCP2>=42C03>?0;0=203420<18>B4=*?>B828T=+84;B8BC4<04B
34542CD>B>50;;>34183>001A8AB4=B>A>?A>1;4<0342><D=82028T= ;08=5>A<028T=34;B4=B>A34542CD>B>B44=ER00;2D03A>34
8=BCAD<4=C>B

>=3828T=3450;;>+8=4<10A6> =8=6U=>1BCP2D;>34144BC0A34=CA>34 2<
;201;434B4S0;4BCP0184AC>
;201;4340;8<4=C028T=G
4BCP0184AC>
] 38>/<@+69./>37,</.?<+8>//6+?>9.3+18K=>3-9

] 38>/<@+69D?7,+.9<-?+8.9=/73./6+.3=>+8-3+

F24?28T=<0=49>4AA>A
C84<?>34?A>24B0<84=C>34C84<?>344B?4A0?0A04;8=C4AE0;>34HD<103>A34B?DQB34<438A4;3806=TBC82>038BC0=2800DC> 344B?4A0 4;)+ED4;E40;02>=3828T=34B4A34C42C03>B)A>24B> <84=CA0B
@D4;0A4
8=CA>3D228T=
4B?DQB34C84<?>344B?4A0 4;?A>24B>B4;;4E00201>=>A<0;<4=C4B8;0B4S0;A4@D4A830?0A0;0E8BD0;8H028T=B4A4281434?A8=28?8>058=
'>34C42C01;4B8;0B4S0;B4A428144=4;<438>34?A>24B>

] :+8>+66+./7/8=+4/=!&
/8=+4/
E./:38 /8=+4/ 98.3-3K8./?=9
,4<?4A0CDA00<184=C48=3820;0
C4<?4A0CDA034;08A45D4A034; 8=C4AAD?C>A,*#)
2>=CA>;
*4B4C)D;B4G<0=C4=60?D;B03>4;8=C4AAD?C>A34E80943DA0=C4
-=E8094
<PB34B46D=3>
,A8?
<PB34B46D=3>
8BC0=2800;E02R>8=3820D=038BC0=280
?D434B4A2>=3D283>2>=4;2>=CA>;34 4;<>3>3409DBC4345P1A820
2><1DBC81;4A4BC0=C4
;2>=BD<><438>342><1DBC81;48=38204;
2>=CA>;342><1DBC81;4?A><438>
<PB34B46D=3>
#=BC0=CP=4034;2>=BD<>342><1DBC81;48=38204;
2>=BD<>342><1DBC81;43DA0=C4D=2>AC>?4AR>3> 8=C4AAD?C>A,*#)
1A8;;>#;D<8=028T=8=3820;02>;034 >=CA>;341A8;;>)D;B4G<0=C4=60?D;B03>4;8=C4AAD?C>A34
2>=CA>;341A8;;>34;0;P<?0A0 E80943DA0=C4<PB34B46D=3>
&D4BCA03DA0=C4B46D=3>B34B?DQB34
)0=C0;;0348=828>
2>=42C0A4;4=24=383>
A42>A30C>A8>34;28=CDAT=34 +4E8BD0;8H04=;0?0=C0;;034B46D=3>B
B46DA830334;2>=3D2C>A 34B?DQB3484=E4=83>

/8=+4/
E./:38 /8=+4/ 98.3-3K8./?=9
+-398+6 B:9<>+<
BC4<4=B094E84=44=;0?0=C0;;0% B8;0;;0E48=C4;864=C4=>4BCP4=
4;E47R2D;>2D0=3>;0?D4AC04BCP0184AC0G24AA0304=4;<>3>4=;0
86=828T=>
BC4<4=B094E84=44=;0?0=C0;;0%3DA0=C40?A>F B46D=3>B B8B4?D;B0

4;8=C4AAD?C>A344=24=383>2D0=3>;0;;0E48=C4;864=C4=>4BCP4=4;E47R2D;>
BC4<4=B094E84=44=;0?0=C0;;0%3DA0=C40?A>F B46D=3>B B8;0E4A8582028T=

34;;0E48=C4;864=C450;;034B?DQB348=CA>3D28A;0;;0E48=C4;864=C44=4;C8CD;0A34;0
2;0E4
BC4<4=B094E84=44=;0?0=C0;;0%3DA0=C40?A>F B46D=3>B2>=B>=83>34
03E4AC4=280B8;0;;0E48=C4;864=C44BCP4=4;B>?>AC42;0E42D0=3>;0?D4AC034;
2>=3D2C>A4BCP0184AC02>=4;4=24=383>
BC4<4=B0948=5>A<00;2>=3D2C>A34@D44;?430;345A4=>34144BC0A
;003E4AC4=28034 34?A8<83>G4;8=C4AAD?C>A344=24=383>B4A?A4B8>=03>2>=4;58=340AA0=20A4;
;;0E48=C4;864=C4 <>C>A B8;0;;0E4B4?>=44=<>3>343DA0=C4<PB34D=0E4H2D0=3>4;
2>=3D2C>A2>=C8=U02>=;0?A4B8T=34;8=C4AAD?C>A344=24=383>B8=?8B0A4;5A4=>
?430;
BC4<4=B0948=5>A<00;2>=3D2C>A34@D44;?430;34;4<1A06D434144BC0A
?A4B8>=03>G4;8=C4AAD?C>A344=24=383>B4?D;B0=2>=4;58=340AA0=20A4;<>C>A
B8;0;;0E4B4?>=44=<>3>343DA0=C4<PB34D=0E4H2D0=3>4;2>=3D2C>A
2>=C8=U02>=;0?A4B8T=34;8=C4AAD?C>A344=24=383>B8=?8B0A4;4<1A06D4?430;
BC4<4=B094B44=284=343DA0=C40?A>F B46D=3>B?0A08=5>A<0A0;
2>=3D2C>A34@D44;8=C4AAD?C>A344=24=383>B43414?A4B8>=0A;0?0;0=2034
20<18>B4=)2>=4;58=340AA0=20A4;<>C>A
BC4<4=B094B44=284=343DA0=C40?A>F B46D=3>B?0A08=5>A<0A0;2>=3D2C>A34
@D4;0;;0E48=C4;864=C4E4A858203>4BCP4=4;E47R2D;> B84;2>=3D2C>A284AA0;0?D4AC0
2>=;0>CA0;;0E48=C4;864=C4E4A858203>2>=C>30B;0B?D4AC0B24AA030B

/8=+4/
E./:38 /8=+4/ 98.3-3K8./?=9
+-398+6 B:9<>+<
BC4<4=B094B44=284=343DA0=C4 B46D=3>BB8;0B4S0;8=2>AA42C04=4;2>=CA>;34
0;8<4=C028T=34;E47R2D;> 4;8=C4AAD?C>A344=24=383>>;0?>B828T=3420<18>34<0A270B4
A42814>=>;0B4S0;B4A4281434B344;+$&34B?DQBB4E4A85820;0;;0E48=C4;864=C4
;003E4AC4=28034
;;0E48=C4;864=C4
BC4<4=B094B44=284=343DA0=C40?A>F B46D=3>BB8;010C4AR0109>;;0E4
8=C4;864=C4B434C42C02D0=3>B4?D;B04;8=C4AAD?C>A344=24=383>>B4
4=284=344;<>C>A
BC4<4=B094B44=284=34?0A08=5>A<0A0;2>=3D2C>A34@D40;6D=034;0B?D4AC0B4BCP
)D4AC0 0184AC0>24AA030
&84=CA0B@D4;0?D4AC0?D4AC0CA0B4A0B4<D4BCA04=?0B>B 4;20?T4BCPA4?A4B4=C0304=
?0B>B
+8B434C42C02D0;@D84A>1BCP2D;>4=;0?0AC4CA0B4A034;E47R2D;>2D0=3>;0?0;0=20
3420<18>BB4<D4E40;0?>B828T=*2>=#!'(' 2030B4=B>A<D4BCA0BD
?>B828T=G38BC0=280
B8BC4<0340GD300;
0?0A20<84=C> +8B434C42C00;6U=4AA>A3DA0=C44;3806=TBC82>8=8280; B4<D4BCA02><>

?0AC4344B>B470245D=28>=0A34;0<8B<0<0=4A02><>4;<>3>34<43828T=
3438BC0=280)+
BC4<4=B094B44=284=342D0=3>B402C8E04;B8BC4<0342>=CA>;342AD24A>
BC4<4=B094B44=284=342D0=3>B434B02C8E04;B8BC4<0342>=CA>;342AD24A>
>=CA>;34
2AD24A>
BC4<4=B094B44=284=342D0=3>4;8=C4AAD?C>A34E4;>28303B4<D4E40
;0?>B828T=(

/8=+4/
E./:38 /8=+4/ 98.3-3K8./?=9
+-398+6 B:9<>+<
>=CA>;342AD24A> BC4<4=B094B44=284=342D0=3>B434B02C8E04;<>3>(
2AD24A>
BC4<4=B094B44=284=342D0=3>4;<>C>A4BCP34542CD>B>
22B<4
BC4<4=B094B44=284=342D0=3>;0B;D24BCA0B4A0B4BCP=4=24=383>B2>=4;
%P<?0A0
4=24=383>4=;0?>B828T=( >;0?>B828T=
)0A04;E47R2D;>2>=+$& 4BC4<4=B094B44=284=342D0=3>4;C427>B>;0A
4BCP0184AC>2>=4;4=24=383>4=;0?>B828T=( >;0?>B828T=)0A0
+8BC4<034C427>
4;E47R2D;>B8=+$& 4BC4B44=284=342D0=3>4;C427>B>;0A4BCP0184AC>2>=
A4CAP2C8;
4;4=24=383>4=;0?>B828T=( G;0C42;04;8<8=03>
09>=8E4;342><1DBC81;4 BC4<4=B0940?0A4242D0=3>4;2><1DBC81;4A4BC0=C44B8=BD58284=C4
BC4<4=B094B44=284=342D0=3>4;B8BC4<0+)4B34542CD>B>
274@D4+)
BC4<4=B094B44=284=342D0=3>4;B8BC4<0+4BCP0E4A803>
274@D4+
>=CA>;34;=8E4;340248C4 BC4<4=B094B44=284=342D0=3>4;=8E4;340248C434;<>C>A4B1090
34;<>C>A

/8=+4/
E./:38 /8=+4/ 98.3-3K8./?=9
+-398+6 B:9<>+<

;<4=B094&(()*(!*&#O'#'.#*'(B4E8BD0;8H0
4=;0?0=C0;;0%2D0=3>B402C8E04;<>3>348=E84A=>;<4=B094
&>3>8=E84A=> &((%#*#O'#'.#*'(0?0A4242D0=3>B434B02C8E0
2;0B4+. ;<4=B094&((#'.#*'(0?0A4242D0=3>4;E47R2D;>2><84=H0

2>=4;2>=9D=C><>3>348=E84A=>

BC4<4=B094340GD300;2>=3D2C>A?0A0?A43428A;038A4228T=34;0<0A270 G0
B4<D4BCA0;00;8=4028T=34;>B=4D<PC82>B4=4;2D03A>348=BCAD<4=C>B

%0B8<P64=4B34;08H@D84A30<D4BCA0=@D4;>B=4D<PC82>B4BCP=0;8=403>B0;0
8H@D84A30D0=3>;>B=4D<PC82>B4BCP=0;8=403>B0;034A4270 ;08<064=4B
0;8=4028T=34;>B
B8<QCA820E4AC820;<4=C40;8=4028T=34=4D<PC82>BB4<D4BCA04=CA44;=8E4; G
=4D<PC82>BB40?;8200
E47R2D;>2>=)+
4;=8E4;34?4=384=3>34;6A03>340;8=4028T=2D0=3>4;8=C4AAD?C>A34
4=24=383>B42>;>204=?>B828T=('34;0?>B828T=( 2>=;0?0;0=2034
20<18>4=)>;0?>B828T='&84=CA0B@D4;0B8<P64=4B70BC04;=8E4;B4
4=284=343DA0=C4B46D=3>B ;0B8<P64=4B34B344;=8E4;344BC0=280BC>B
<4=B094B=>B4<D4BCA0=2D0=3>B4E8BD0;8H04;<4=B09434E4A8582028T=34
)+
BC4<4=B094B40?0602D0=3>C>30B;0B4=CA030B34B4S0;'B>==>A<0;4B
)D4344B20=40A

F%&!'&!
?>9.3+18K=>3-9:+<+/6+8-29./

.4;>2R<4CA>">A034C>30;060<034E4;>2830334<R=8<>0<PF8<>,02T<4CA>">A034

C>3>4;A0=6>34A4E>;D28>=4B34<R=8<>0<PF8<>
?>9.3+18K=>3-9./=I7,969=

,>3>B;>BBR<1>;>B4=
F24?C>;>BBR<1>;>B01;403>,8?>1>;B03408A4 08A10634;?0B094A> 8=38203>A4B34B4S0; ;0;P<?0A03403E4AC4=28034?4;86A> ;DH3420AA4C4A0 ;DH0=C8=841;0
34;0=C4A0
&

;4=CA0A4=4;<>3>340DC>
3806=TBC82> ;006AD?028T=34B0;830348;D<8=028T=34;>B8=BCAD<4=C>BB4AP ,>3>B;>BB46<4=C>B
A4BC0=C4BB>=('

;BR<1>;>34;;0E4B40?060B8;>B<4=B094B'0;2D03A>348=BCAD<4=C>B4BCP=184=+8=>4B0BR ?0A?0340%0B4=CA030B34<>3>G;0

8;D<8=028T=34;8=C4AAD?C>AB4A43458=4=
3+18K=>3-9-98.3-3K879.9././=+->3@+-3K8

;<>3>343806=TBC82>B434B02C8E02D0=3>4;8=C4AAD?C>A344=24=383>B42>;>204=;0?>B828T=( >4;<>C>A4BCP4=<0A270
!F ($ &

;2D03A>348=BCAD<4=C>B?4A<8C4C>30B;0B5D=28>=4B<4380=C4;0A424?28T=342T386>B34E0A80=C434;E47R2D;>0CA0EQB342><D=82028T='0;
68A0A4;8=C4AAD?C>A344=24=383>0;0?>B828T=('

%>BB8BC4<0BE4A858203>B?>A2T386>E0A80=C4A40;8H0;0?A4
03E4AC4=280G>?4A028T=34C84<?>344B?4A0+8=>B4702>=58A<03> C>3>B
;>B30C>B34;>BB8BC4<0B 8=2;DB>B0;4=4=;0A43' B4A43458=4=

)439741'*47')43*/)/43'*47*+'/7+'3:'1
39+7/47 477/+39+
:17@1C7B=231=<2C117O<>/@/3:A3<A=@23B3;>3@/BC@//;073<B3/N/272=/:1=<B@=:/2=@/1=<2717=</2=@23/7@3;/<C/:>/@/D7AC/:7G/17O<23:/B3;>3@/BC@/
/;073<B3A=0@33:1C/2@=237<AB@C;3<B=A
3,+7/47*+1/39+77:594757/3)/5'1*+15'3+1
39+7/47 477/+39+
7<B3@@C>B=@23:/1/:34/117O<23:D=:/<B3
(31/;07O3:27A3N=23072=/://2717O<23:7<B3@@C>B=@231/:3<B/;73<B=D=:/<B3

/39+77:5947*+)4397417+2494*+':*/4
39+7/47 477/+39+
:/4C<17O<23;/<=A:70@3A:C3B==B6/N/27OF27A3N=:=5=B7>=23:0=BO<1/;07/

@
'8:(/)')/43+8*+2439'0+
7<B3@@C>B=@3<3:>/<3:23:/>C3@B/1=<2C1B=@
7<B3@@C>B=@3<3:>/<3:23:/>C3@B/23>/A/83@=A
7<B3@@C>B=@3<3:>/<3:23:/>C3@B/B@/A3@/23:
>/<3:%23:D=:/<B37<B3@@C>B=@<B3@@C>B=@23:
7<B3@@C>B=@23B@=<1='3D3AB7;73<B=7<B3@7=@23:
B316=1=<;CB/2=@231=<A=:/4@=<B/:

Y */8+D4*+1/39+77:5947
/7+))/E37+249' 39+77:59472'7).'5'7'*' /39+77:5947*+1'5:+79'*+15'8'0+74
/39+77:5947*+)439741
/39+77:5947*+)439741*+)7:)+74
/39+77:59472:19/,:3)/E3
5'3+157/3)/5'1/3,+7/47
)'2(/'7
/39+77:5947! /39+77:5947*+'*;+79+3)/'*+5+1/-74 5:+79'*+1':3/*'*/39+77:594757/3)/5'1
)430:394*+1(/8+1 >+1/39+77:5947+85+04+=9+7/47

8/+394*+1'39+74'1'2(7+)'1+39'*4 8/+394*+1'39+74'1'2(7+)'1+39'*4 )43841'+3+19+).4

/39+77:5947% /39+77:5947 ! )'2(/'7
A25'7'*+18/9/4*+)+3974
)'2(/'7
/39+77:5947*+1'1A25'7'*++6:/5'0+
/39+77:59475479E397'8+74
'8/+394+1B)97/)4*+1)43*:)947
)'2(/'7 /39+77:5947*+1'5:+79'97'8+7' /39+77:5947*+1'5:+79'97'8+7'

432:9'*47*+7:548-:'73+)/*4*+1'5:+79'
/39+77:5947+8*+1'5:+79'*+1)43*:)947
/39+77:594757/3)/5'1*+1';+39'3/11'+1B)97/)'
;+39'3'*++3+7-C'*+1/39+77:594757/3)/5'1
/39+77:5947*+1';+39'3'*+1'5:+79'*+1)43*:)947 5489+7/47*+)/+77+/39+77:5947*+1'
/39+77:5947*+1';+39'3'*+1'5:+79'*+15'8'0+74 ;+39'3'*+1'5:+79'/39+77:5947*++3)+3*/*4*+8(146:+4
/39+77:5947*+1';+39'3'97'8+7'/?6:/+7*' /39+77:5947*+)/+77+*+1';+39'3'

/39+77:5947*+1';+39'3'*+1'5:+79'*+1)43*:)947
7<B3@@C>B=@23:/D3<B/</23:/>C3@B/23:1=<2C1B=@B73<3CB=/0/8= /@@70/:/4C<17O<CB=!/D3<B/</
>C323A3@1=<B@=:/2/23<B@=23:=A
A35C<2=A/1B7D/<2=3:@3:L23:3:3D/:C</A3:L1B@71=7<1:CA=
23A>CLA23/>/5/@3:7<B3@@C>B=@233<13<272=(7<3;0/@5=A7A3/0@3/:5C</23:/A>C3@B/A23:/<B3@/A=
A3>C:A/3:7<B3@@C>B=@230:=?C3=3<3:;/<2=/27AB/<17/;=2=/<B7@@=0=A3/1B7D/2C@/<B33:>3@7=2=23
@3B/@2=3:B73;>=23@3B/@2=A31/<13:/7<;327/B/;3<B3@3:L23:3:3D/:C</A3:L1B@71=A323A/1B7D/
/F2=AD/@7/<B3A233AB3/CB=A=:/;3<B3/0/8=F/<B7>7<G/;73<B=/CB=;KB71=6/17//0/8=FAC072/
/CB=;KB71/
;+39'3'97'8+7'/?6:/+7*'
)'2(/'7 :+79'*+15'8'0+74
)'2(/'7
!/D3<B/</3ABK/@@70/F/0/8=;73<B@/AA3
/117=</3AB37<B3@@C>B=@ !/D3<B/</3ABK/@@70/F/0/8=;73<B@/AA3
/117=</3AB37<B3@@C>B=@
;+39'3'97'8+7'*+7+).'
)'2(/'7
!/D3<B/</3ABK/@@70/F/0/8=;73<B@/AA3
/117=</3AB37<B3@@C>B=@
)+77'*:7'*+1'5:+79'/39+77:5947*++3)+3*/*4*+8(146:+4 /39+77:5947*+)/+77+*+1';+39'3'
C/<2=A3>C:A/3:7<B3@@C>B=@230:=?C3= 23A0:=?C3= (7A3>C:A/3:7<B3@@C>B=@230:=?C3=23D3<B/</A
23:/>C3@B/;73<B@/A?C3B=2/A:/A>C3@B/A7<1:CF3<2=3: A=:/;3<B3D3<B/</23:1=<B@=:/2=@3A=>3@/B7D=
>=@BO<B@/A3@=A3173@@/<A323A0:=?C3/@K<B=2/A:/A %/A/83@=AB@/A3@=AFD3<B/</A<=>C323<A3@
>C3@B/AC/<2=3:7<B3@@C>B=@A3>C:A/23<C3D=B=2/A =>3@/2=A>=@ACA7<B3@@C>B=@3A
:/A>C3@B/AA30:=?C3/@K<

Y )439741*+1';+39'3'*++3+7-C'*+8,'8+9+2547'1
:57@/@:/::/D3233<13<272=/:/>=A717O<$#3:@3:L23:/D3<B/<7::/A31=<31B/://:7;3<B/17O<:@3:L23:/D3<B/<7::/3:L1B@71/;/<B73<33<13<272/
2C@/<B3
A35C<2=A7<1:CA=1C/<2=A323B73<33:;=B=@(7<3;0/@5=3:@3:L23:/D3<B/<7::/3:L1B@71/A3/>/5//:/0@7@C</>C3@B/23:/<B3@/
C/<2=3:0:=?C3=23:/>C3@B//1B7D/17O<23;=2=27AC/A=@7=23@=0=3:@3:L23:/D3<B/</233<3@5M/A33<173<237<;327/B/;3<B3$

Y ',:3)/E3*+/39+77:5947*+(146:+4*+8(146:+4*+1'5:+79'
/F/1BC/2=@3A3<3:A7AB3;/23>C3@B/230:=?C3= 23A0:=?C3=7<1:CF3<2=>=@BO<B@/A3@=)=2=A3::=A>C323<1=<B@=:/@:/13@@/2C@/23:/>C3@B/1=@@3A>=<273<B3F
23A0:=?C3/@>=@A3>/@/2=(7<3;0/@5=3:7<B3@@C>B=@230:=?C3=23:/>C3@B/23:1=<2C1B=@>C3231=<B@=:/@B=2/A:/A13@@/2C@/A23:/A>C3@B/A:"1=<B@=:/3:
7<B3@@C>B=@230:=?C3= 23A0:=?C3=;327/<B33:@3:L23:/>C3@B/230:=?C3= 23A0:=?C3=(3B@/B/23C<;7A;=B7>=231=<B@=:1=<4C<17O<230:=?C3=23>C3@B/
/CB=;KB71/?C30:=?C3/:/A>C3@B/A1C/<2=:/D3:=172/223:D36M1C:=3AAC>3@7=@/
9; 6+3@27/5@/;/2317@1C7B=
)+77'*:7'*+1'5:+79'/39+77:5947*++3)+3*/*4*+8(146:+4
)+77'*:7'*+1'5:+79'/39+77:5947*++3)+3*/*4*+8(146:+4
C/<2=A3>C:A/3:7<B3@@C>B=@230:=?C3= 23A0:=?C3=23:/>C3@B/;73<B@/A?C3B=2/A:/A>C3@B/A7<1:CF3<2=3:>=@BO<B@/A3@=A3173@@/<A323A0:=?C3/@K<B=2/A:/A
>C3@B/AC/<2=3:7<B3@@C>B=@A3>C:A/23<C3D=B=2/A:/A>C3@B/AA30:=?C3/@K<
Y 7+1B*+1'5:+79'*+(146:+4*+8(146:+4/39+-7'*4+3

Y :+79'*+)439741*+(146:+4*+8(146:+42+*/'39+/39+77:5947*+1'5:+79'
C/<2=A3;C3D33:1=<2C1B=@=>/A/83@=13@@/2C@/23>C3@B/>3@7::/1/;07/@/:/>=A717O<!$ 23:/>=A717O<*#!$ "3<DM/:/A3N/:!$

2C@/<B3
A35C<2=A
C/<2=A3;C3D33:1=<2C1B=@=>/A/83@=13@@/2C@/23>C3@B/>3@7::/1/;07/@/*#!$ 23A23:/>=A717O<!$ "3<DM/:/A3N/:23

23A0:=?C3=>/@/
A35C<2=A
!/!$ *#!$ =>3@/17O<>=@3:7<B3@@C>B=@2313@@/2C@/23>C3@B/;/<2=<=3ABK27A>=<70:31C/<2=A33<DM/:/A3N/:!$ *#!$

>=@1C/:?C73@=B@=;LB=2=B/:1=;=B31:/231=<B@=:@3;=B=
:D=:D3@/1=<31B/@:/0/B3@M/3:7<B3@@C>B=@>3@7::/13@@/2C@/23:/>C3@B/<=3ABK=>3@/B7D=7<23>3<273<B3;3<B323:/A>=A717=<3A23:7<B3@@C>B=@230:=?C3=23
>C3@B/
)=2/A:/A>C3@B/AA3;/<B73<3<23A0:=?C3/2=1C/<2=A3@31703:/A3N/:230:=?C3=23:/>C3@B/3<
A35C<2=A23A>CLA2313@@/@:/A>C3@B/A

Y )+77'*:7'*+1'5:+79'*+8(146:+'7+1)439741547+1/39+77:5947*+(146:+4*+5:+79')+397'1
:>C:A/@:/13@@/2C@/13<B@/: 7<B3@@C>B=@2323A0:=?C3/@"3<DM/3:0:=?C3/@=23A0:=?C3/@A3N/:23/1C3@2=1=<:/1=<2717O</<B3@7=@23
7<B3@@C>B=@230:=?C3=23>C3@B/23:1=<2C1B=@2C@/<B3
A35C<2=A:7<B3@@C>B=@23:/>C3@B/13<B@/:23:;C3::3<=3ABK27A>=<70:31C/<2=3:
A7AB3;/3ABK3<;=2=23/<B7@@=0=:57@/@3:3<13<272=B=2/A:/A>C3@B/AA323A0:=?C3/</CB=;KB71/;3<B3A7<7<5C</23:/13@@/2C@/23:/>C3@B/
>3@7::/7<B3@@C>B=@3A3ABK3<:/>=A717O<!$
C/<2=A3>C:A/3:7<B3@@C>B=@13<B@/:23:/13@@/2C@/23>C3@B/1=<1C/:?C73@>C3@B//073@B/3:A7AB3;//0@3:/A>C3@B/A7<;327/B/;3<B323A>CLA23
0:=?C3/@3::=A

39+77:5947+85+04+=9+7/47
/39+77:5947*++85+047+974;/847+=9+7/47
:+7'51+-'(1+*+1+85+04/39+77:5947*+*+851/+-:+ /39+77:5947)43+14(0+9/;4*++85+04
!=A3A>38=A3EB3@7=@3AA3>:735/< 23A>:35/2=A73;>@3 8CAB33:3A>38=A3:3117=</2=6/17//@@70//0/8=7G?C73@2/=
>C:A/<2=3AB37<B3@@C>B=@ 23@316/>@3A7=</<2=:=A0=@23A1=@@3A>=<273<B3A23:7<B3@@C>B=@
>/@/=0B3<3@C</D7AB/23A3/2/
/39+77:5947*+8+1+))/E3*++85+04
!3A>38=23::/2=23:1=<2C1B=@'3A>38=
23::/2=23:>/A/83@=

:7<B3@@C>B=@233A>38=>:35/0:33EB3@7=@3AC<=;7A;=B7>=23@3B=@<=F3:7<B3@@C>B=@233<1C/2@3A3AC03F0/8/F/CB=B7>=23@3B=@<=#=2=0:/@=23A>:35/@:=A
3A>38=A@3B@=D7A=@3A3EB3@7=@3A;/<C/:;3<B3%C3231/CA/@C<;/:4C<17=</;73<B=23:A7AB3;/233A>38=>:35/0:3
Y 51+-'(1+:94)439741*+*+851/+-:+
8CAB3
(3B4C<17O<23>:35/2=/CB=;KB71=C/<2=A3>C:A/3:7<B3@@C>B=@233A>38=/0/B70:3>=@;KA23 A35C<2=A:/4C<17O<23>:35/2=/CB=;KB71=A33AB/0:313
F3:GC;0/2=@7<B3@<=AC3</C</D3G$#
A35$
A35'3:3/A34C<17O<23>:35/2=/CB=;KB71=C/<2=A3>C:A/3:7<B3@@C>B=@233A>38=/0/B70:3
>=@;KA23 A35C<2=A:/4C<17O<23>:35/2=/CB=;KB71=A33AB/0:313F3:GC;0/2=@7<B3@<=AC3</2=AD313A$#
A35$
A35
>:35/2=/CB=;KB71=
C/<2=A3@31703:/A3N/:23!$&*$23:=A' (3:A7AB3;/=>3@/3<:/A31C3<17/23:=?C3=23>C3@B/
W '=0=23;=2=27AC/A=@7=/1B7D/17O<W3A>38=/0/B70:3>/@/"A7<( "
C/<2=A3@31703:/A3N/:23:7<B3@@C>B=@23:/;/<78/3EB3@7=@23:/>C3@B/=:/A3N/:230:=?C3=23:/>C3@B/23A233:1=<B@=:@3;=B=23::/D37<B3:753<B3
1=<B@=:3:A7AB3;/4C<17=</3<:/A31C3<17/23/1B7D/17O<23:/13@@/2C@/W;=2=1=<B@/@=0=A>C3@B/W
A>38=>:35/0:3>/@/"1=<( "
A31C3<17/2323A>:735C3/CB=;KB71=
C/<2=A3@31703:/A3N/:23*#!$ 23:=A' (3:A7AB3;/=>3@/3<:/A31C3<17/23%C3@B/

W23A0:=?C3/@3:;=2=/<B7@@=0=23A/1B7D/17O<WA>38=23A>:735C3>/@/"A7<( "
C/<2=A3@31703:/A3N/:23:7<B3@@C>B=@23:/;/<78/3EB3@7=@23:/>C3@B/=:/A3N/:2323A0:=?C3=23>C3@B/23A233:1=<B@=:@3;=B=23::/D37<B3:753<B3
1=<B@=:3:A7AB3;/4C<17=</3<:/A31C3<17/2323A0:=?C3=23>C3@B/W/<B7@@=0=;=2=2323A/1B7D/17O<WA>38=
23A>:735C3>/@/"1=<( "
C/<2=A33AB/0:313:/4C<17O<23>:35/2=/CB=;KB71=3:23A>:735C3/CB=;KB71=<=3ABK27A>=<70:3A7:=A3A>38=AA36/<2=0:/2=;/<C/:;3<B3
:3A>38=@3B@=D7A=@3EB3@7=@A3>:735//CB=;KB71/;3<B3A7A33AB/0:313:/4C<17O<23>:35/2=/CB=;KB71=:/8CAB3234K0@71/3A:/
?C3>3@;7B3:/4C<17O<23>:35/2=/CB=;KB71=

Y )439741*+51+-'*4*+851+-'*4
:>C:A/@3:A3:31B=@ 23A>:735C33A>38=>:35/0:31=<#$#:=A3A>38=AA3>:735/<=23A>:735/<23/1C3@2=1=<:/
1=<2717O<233A>38=(73:3A>38=@3B@=D7A=@3EB3@7=@A3>:735/3:3A>38=2303A3@
23A>:35/2/FD713D3@A/ (/:72/23A>:735C3>:35/0:3A3/1B7D/2C@/<B3IA35C<2=A
AB3B73;>=234C<17=</;73<B=2303::3D/@/1/0=7<1:CA=1C/<2=3:7<B3@@C>B=@233<13<272=A31=:=1/3<>=A717O<23/>/5/2=2C@/<B3AC4C<17=</;73<B=

<>@3<A/2=>=@>@7;3@/D3G3:>:35/2=3A>38= 7<B3@@C>B=@2323A>:735C323A>CLA23D=:D3@/1=<31B/@:/0/B3@M/A3@3/:7G/:/=>3@/17O<3A>38=
/0/B70:3
(3>C3231=<B@=:/@:/>=A717O<23:3A>38=23<B@=23:=A>@7;3@=A
A3523A>CLA23/>/5/@:/75<717O<<=B@/A>/:/0@/A3AB31=<B@=:23033AB/@27A>=<70:32C@/<B3
A35C<2=A>3@M=2=23B73;>=?C3B@/<A1C@@323A>CLA233<13<23@3:7<B3@@C>B=@233<13<272=3<:/>=A717O<$%:35/2= 23A>:35/2=A31=;>:3B/1C/<2=3:B73;>=
23@3B/@2=23
A35C<2=AB@/<A1C@@3<2C@/<B3:/=>3@/17O<
C/<2=A3@317033:>:35/2= 23A>:35/2=23:/A3N/:2C@/<B33: =>3@/17O<2323A>:35/2=23>:35/2=3A>38=:/A/:72/2303A3@/1B7D/2=23A>CLA23?C3
B73<3@3B@/A=23B73;>=23
A35C<2=A
!/=>3@/17O<23>:35/2= 23A>:35/2=A3::3D//1/0=7<23>3<273<B3;3<B323:/D3:=172/223:D36M1C:="/<C/:23=>3@/17O<
A>38=23A2=0:OWA>38=A3N/:23>:35/2= 23A>:35/2=23:7<B3@@C>B=@W3A>38=/0/B70:3
A>38=2=0:/2=W3A>38=23>:35/2= 23A>:35/2=A3N/:23:7<B3@@C>B=@233A>38=23A>:735C3W
Y ):7;'*+45+7')/E3

/39+77:5947+8*+5:+79'*+5'8'0+748
1'5:+79'*+11'*4*+15'8'0+74/39+77:5947*+)425+38')/E3
/39+77:59478+):3*'7/4*+1';+39'3/11'+1B)97/)'
!/D3<B/</3ABK/@@70/F/0/8=;73<B@/A3AB37<B3@@C>B=@A3/117=</;/<C/:;3<B3

'5:+79'97'8+7'39+77:5947+8
/39+77:5947*+1'5:+79'97'8+7' /39+77:5947*+1'5:+79'97'8+7'
1/39+77:5947*+1)'1+39'*47
%C:A33:7<B3@@C>B=@>/@/1/:3<B/@3:/A73<B=F>C:A323<C3D=>/@/23B3<3@:/1/:34/117O<23:/A73<B=C@/<B33:1/:3<B/;73<B=:/:CG
7<271/2=@/3<3:7<B3@@C>B=@A33<173<23
/39+77:5947*+1+1+;'1:3'8+1B)97/)4
!/D3<B/</3A23/@@70///0/8=;73<B@/AA3>C:A/3AB37<B3@@C>B=@

432:9'*47*+7:548*+15'3+1*+/3897:2+3948
39+77:5947+8!
/39+77:5947!
+124*4*+,:+39+*+'/7+39+77:5947*+ #+39/1'*47*+2'7)')/E37A5/*')432:9'*47
9+25+7'9:7'2'7)'7/'1*+24*4 8+3847*+9+25+7'9:7'+3+1)4).+

)439741*+9+25+7'9:7' /39+77:5947*+24*4*+,:+39+*+'/7+
<3:;=2=*)$::3</3:)@3170327D3@A/AA3N/:3AB/:3A1=;=:/B3;>3@/BC@/ C/<2=A3>C:A/3AB30=BO<3:7<271/2=@23
7<B3@7=@:/B3;>3@/BC@//;073<B3B3;>3@/BC@/23:@34@753@/<B323:;=B=@:/:CG23:A=:23 @317@1C:/17O<A33<173<23F3:A7AB3;/A31/;07/
2743@3<B3AA3<A=@3A>/@/1=<B@=:/@3:1=;>@3A=@ >C3@B/;=2=3:;=<B/83/117=</2=@ /:;=2=23@317@1C:/17O<(7<3;0/@5=0/8=
23::35/2/>C3@B/23;3G1:/23/7@3;=B=@3A23D3<B7:/2=@3B1>/@/;/<B3<3@4@3A1=A 23A1=<53:/2=@
:=A/;073<B3A7<B3@7=@3A
=3<3:;=2=23A1=<53:/2=@ 0/8/A3?C32/3<3:;=2=
23/7@34@3A1=
4*4*+2'7)'*4 */'1*+;+14)/*'**+1;+39/1'*47 /39+77:5947*+
(3>C3233:357@C<;=2=23A3/2=/>/@B7@ <3:;=2=*)$1=;>:3B=3:;=B=@23:D3<B7:/2=@ C/<2=A3>C:A/3AB31=<;CB/2=@3:
23:=A;=2=A57@/<2=3:;=2=1=;=A3 3A1=<B@=:/2//CB=;KB71/;3<B323/1C3@2=/:/ /1=<2717=</2=@23/7@34C<17=</3<3:;=2=
@3?C73@/:7<271/2=@23:M<3/>/@/3: B3;>3@/BC@/3AB/0:3172/!/D3:=172/223:;=B=@23: ;/<C/:F3:7<271/2=@ $#A33<173<23:
;=2=A3:3117=</2=A33<173<23>/@/ D3<B7:/2=@B/;07L<A3>C3231=<B@=:/@ A37<717//CB=;KB71/;3<B31C/<2=A3
7<4=@;/@/:=>3@/2=@ ;/<C/:;3<B3 A3:3117=</3:;=2=23A1=<53:/2=@

'2(/'7+3974'8)/'
:7<B3@@C>B=@13<B@/:23:/4/A17/1=<B73<3://2D3@B3<17/23>3:75@=7<B3@@C>B=@23:=A7<B3@;7B3<B3A3:7<B3@@C>B=@23/:/;0@3>/@/0@7A/ABL@;71=C<@3:=82757B/:
7<B3@@C>B=@23/:/;0@31/:73<B31@7AB/:B@/A3@=F3:7<B3@@C>B=@23D7/83
/39+77:5947*+1','8)/')+3974
:?/39+72/9+39+*+'*;+79+3)/'*+5+1/-74*+ 97'8+7'*+)7/89'1>+85+04+=9+7/47/39+77:5947
*+'1'2(7+)'1/+39+5'7'(7/8'89B72/)4*+
7+548/)/E3/39+77:5947*+*/85'74*+1/39+77:5947*+
'1'2(7+
7+140*/-/9'1

39+77:5947*+1:)+8*++2+7-+3)/'
C/<2=A3>C:A/3AB30=BO<:/A:C13A233;3@53<17/ '7'(7/8'8/39+77:5947*+;/*7/4)'1+39'*4
>/@>/23/<
AB=3A>/@/3D7B/@?C3:/A3A1=07::/A23::7;>7/>/@/0@7A/AA3
1=<53:3:/:/;0@31/:3<B/2==>3@/2C@/<B3C<=A;7<CB=A
%C:A33:7<B3@@C>B=@23<C3D=>/@/23B3<3@:/=>3@/17O<
:7<271/2=@3<3:7<B3@@C>B=@A33<173<231C/<2=3ABK3<CA=
!/39+77:5947*+7+/3/)/4 )7/89'197'8+74/39+77:5947*+'1'2(7+
)'1/+39++85+04+=9+7/47
:>C:A/@3AB30=BO<:/7<4=@;/17O<A3;C3AB@/3<3:A75C73<B3=@23<
1C3<B/97:O;3B@=A)@7>)@7>27AB/<17//:D/1M=3:1=<AC;= %C:A33AB37<B3@@C>B=@>/@/3<13<23@3:>=@BO<B@/A3@=F3:3A>38=
;327=231=;0CAB70:33:1=<AC;=231=;0CAB70:37<AB/<BK<3=3: @3B@=D7A=@3EB3@7=@23:/:/;0@31/:73<B3:/:/;0@31/:3<B/2==>3@/
<7D3:237:C;7</17O<B3;>3@/BC@/23:/7@3/;073<B3>=@())@7> 2C@/<B3C<=A;7<CB=A%C:A33:7<B3@@C>B=@23<C3D=>/@/23B3<3@:/
)@7>:/27AB/<17//3:1=<AC;=;327=231=;0CAB70:3D/1M=3: =>3@/17O<:D72@7=1/:3<B/2/4C<17=</@K2C@/<B3/>@=E7;/2/;3<B3
1=<AC;=231=;0CAB70:37<AB/<BK<3=3:<7D3:237:C;7</17O< ;7<CB=A1C/<2=3:7<B3@@C>B=@A3>C:A/23<C3D=23<B@=23:=A
;7<CB=A
B3;>3@/BC@/23:/7@3/;073<B3>=@(+"/<B3<5/>@3A7=</2=3AB3 23A>CLA23:/47</:7G/17O<23AC>@7;3@171:=234C<17=</;73<B=
0=BO<>/@/7<717/:7G/@@3/8CAB/@)@7> 23D7/83F3:1=<AC;=
;327=231=;0CAB70:3/8CAB/@3:<7D3:237:C;7</17O<=1/;07/@:/
C<72/223B3;>3@/BC@/ :7<271/2=@3<3:7<B3@@C>B=@A33<173<231C/<2=3ABK3<CA=

*+;/*7/497'8+74/39+77:5947*+'1'2(7+)'1+39'*4+85+04+=9+7/47
Y #/8/E3*+)430:394
:1@7AB/:B@/A3@= '3B@=D7A=@3EB3@7=@/:/;0@31/:3<B/2=3A=>3@/2=>=@"
:/:/;0@31/:3<B/2==>3@/2C@/<B3C<=A;7<CB=A1C/<2=A3>C:A/3:7<B3@@C>B=@1=<;/@16/3:;=B=@%C:A33:7<B3@@C>B=@23<C3D=>/@/
23B3<3@:/=>3@/17O<
!/A/:72/3A$#A=:/;3<B32C@/<B3;7<CB=A/:3<13<23@3:7<B3@@C>B=@23A3;>/N/2=@B@/A3@=23<B@=23:=A
;7<CB=A23A>CLA23:/47</:7G/17O<23:/
>@=2C117O<2C@/<B3;7<CB=AAB=A3>C3236/13@AO:=C</D3GAB/4C<17O<AO:=3ABK27A>=<70:31C/<2=3:;=B=@3ABK3<;/@16/
Y ):7;'*+45+7')/E3

1/39+77:5947*+'1'2(7+5'7'(7/8'89B72/)4
:1@7AB/:23:>/@/0@7A/A '3B@=D7A=@3EB3@7=@/:/;0@31/:3<B/2=3A=>3@/2=>=@"
:/:/;0@31/:3<B/2==>3@/2C@/<B3C<=A;7<CB=A1C/<2=A3>C:A/3:7<B3@@C>B=@1=<;/@16/3:;=B=@%C:A33:7<B3@@C>B=@23<C3D=>/@/
23B3<3@:/=>3@/17O<
!/A/:72/3A$#A=:/;3<B32C@/<B3;7<CB=A/:3<13<23@3:7<B3@@C>B=@23A3;>/N/2=@B@/A3@=23<B@=23:=A
;7<CB=A23A>CLA23:/47</:7G/17O<23:/
>@=2C117O<2C@/<B3;7<CB=AAB=A3>C3236/13@AO:=C</D3GAB/4C<17O<AO:=3ABK27A>=<70:31C/<2=3:;=B=@3ABK3<;/@16/
Y ):7;'*+45+7')/E3

39+77:5947*+;/'0+
:>C:A/@3AB30=BO<:/7<4=@;/17O<A3;C3AB@/3<3:A75C73<B3=@23<=2O;3B@=)@7>23D7/83
27AB/<17//:D/1M=3:1=<AC;=;327=231=;0CAB70:33:1=<AC;=231=;0CAB70:37<AB/<BK<3=3:<7D3:237:C;7</17O<B3;>3@/BC@/23:/7@3/;073<B3>=@()
)@7>)@7>:/27AB/<17//3:1=<AC;=;327=231=;0CAB70:3D/1M=3:1=<AC;=231=;0CAB70:37<AB/<BK<3=3:<7D3:237:C;7</17O<B3;>3@/BC@/23:/7@3/;073<B3
>=@(+"/<B3<5/>@3A7=</2=2C@/<B3;KA23A353<3AB30=BO<>/@/7<717/:7G/@@3/8CAB/@)@7> 23D7/83F3:1=<AC;=;327=231=;0CAB70:3/8CAB/@3:
<7D3:237:C;7</17O<=1/;07/@:/C<72/223B3;>3@/BC@/
43/947
! ):'*74*+/3897:2+3948*+)1'8+ #):'*74*+/3897:2+3948*+)1'8+
# # # #
Y +8)7/5)/E3
4*4
:3)/E3
)432:9'*47*+9+)947
.47'
/;07=23;=2/:72/2
$$W)@7>WW)@7>)
3<43@;32/23A23B@/<A;7A7O<A3EC/:
%=@230/8=23
W :1=<AC;=;327=231=;0CAB70:3W1=<AC;=231=;0CAB70:37<AB/<BK<3=
@3D3;3<B3
A35C<2=
W #7D3:237:C;7</17O<W)3;>3@/BC@/23:/7@3/;073<B3
F;/<B3<5/

/
/;07=23;=2/:72/2
;A )@7>WWD7/83)W:1=<AC;=;327=231=;0CAB70:3
(+
W 3:1=<AC;=231=;0CAB70:37<AB/<BK<3=W#7D3:237:C;7</17O<
W )3;>3@/BC@//;073<B3
'37<717/@
>@3A7=<3F
"KA23 )@7>3:1=<AC;=;327=231=;0CAB70:3
;/<B3<5/
A35C<2= /;07=
#7D3:237:C;7</17O</C<72/223B3;>3@/BC@/UXV
<= "KA23 /;07=23;=2/:72/2
>@3A7=<3 A35C<2=A #7D3:237:C;7</17O<W)3;>3@/BC@//;073<B3W$$

T 1'0:89+*+,A(7/)'+8+124*4!

/3,+7/47*+1/39+77:5947*+15'3+157/3)/5'1
3,+7/47*+1/39+77:594757/3)/5'1*+15'3+1
/39+77:5947
$ /39+77:5947*+1'1A25'7''39/3/+(1'97'8+7'"
)432:9'*47 ,'74*/8548/9/;4*+3/;+1')/E3
/39+77:5947*+1')'1+,'))/E3*+1;41'39+

/39+77:5947
$ /39+77:5947*+1'1A25'7''39/3/+(1'97'8+7'
"
AB37<B3@@C>B=@3A23B7>=230:=?C3=233;>C83?C3
>3@;7B3/C;3<B/@ 27A;7<C7@3:>/@;=B=@/:/A@C32/A AB37<B3@@C>B=@3A233;>C83B7>=23@3B=@<=:/1C/:3<DM/
B@/A3@/A3<3:;=2=, A3N/:$# $3<:/">/@/?C33:">C3231/;07/@
3<3::K;>/@/A;327/<B3://1B7D/17O<23:@3:L23:/:K;>/@/
B@/A3@//<B7<730:/
)432:9'*47

/8548/9/;4*+3/;+1')/E3*+,'748
:1=<;CB/2=@(%$3A233;>C83B7>=23@3B=@<=
?C3A3CB7:7G/>/@/23B3<3@=@3/<C2/@:/4C<17O<(% !/=@73<B/17O<23:=A4/@=AA3>C323;=27471/@1=<3AB3
1=<;CB/2=@23B7>=23:M<3/
/39+77:5947*+1')'1+,'))/E3*+1;41'39+
AB37<B3@@C>B=@3A233;>C83B7>=23@3B=@<=?C3A3CB7:7G/
>/@//1B7D/@=23A/1B7D/@:/4C<17O<2327@3117O<23:/@C32/
231/:3<B/;73<B=

'2(/'74<+7 +'98'2(1+'
*+1/39+77:5947*+'8/+394*+549+3)/'1'*4*+1)43*:)947
/39+77:5947*+'8/+394+1B)97/)4
8/+394*+81/?'39+ '0:89+*+'19:7'
*+1'8/+394
*+17+85'1*4
7+)1/3'(1+
'8/+394*+81/?'39+ 7+)1/3'*'*+17+85'1*4*+1'8/+394 '0:89+*+'19:7'*+1'8/+394

!"!"
)4397417+2494*+1/39+77:5947:*/4
/39+77:5947*+)4397417+2494*+':*/4 /39+77:5947*+)4397417+2494*+':*/4
."$$7<B3@@C>B=@"*) ( *%7<B3@@C>B=@ $
+=:C;3</@@70/ /0/8=23:7<B3@@C>B=@ 7<B3@@C>B=@23;/<=A:70@3A
%C<B/23:1=<;CB/2=@ %C<B/23:1=<;CB/2=@

&/39+77:5947"! "/39+77:5947
%/@/3:7;7</@3:A=<72="*)>C:A30@3D3;3<B33AB3 3:;=2=23
7<B3@@C>B=@%/@/1/;07/@3:;=2=23/C27= (3:3117=</@:/>7AB/A75C73<B3 /<B3@7=@F3:;=2=

@/27=*(*-'/27=>C:A3F;/<B3<5/>C:A/2=3:
23 ','/27=
7<B3@@C>B=@
/;07=234@31C3<17//@@70/=6/17//0/8="/<B3<5/
=>@7;72/:/B31:/230PA?C32//CB=;KB71/
:(/7('0'7;41:2+3 /39+77:5947*+2'3481/(7+8
)'2(/'7
%/@/6/13@ @31707@ 47</:7G/@C</::/;/2/
C;3<B/ 27A;7<CF3 >C:A3F;/<B3<5/>C:A/2=3:7<B3@@C>B=@
D=:C;3<
:39'*+1)432:9'*47 :39'*+1)432:9'*47
7<B3@@C>B=@231/;07=23;/@16/ 7<B3@@C>B=@231/;07=23;/@16/
C</;/@16/;KA0/8/ K;07/:=

*+1)432:9'*472:19/,:3)/E3
:7<B3@@C>B=@;C:B74C<17O<1=<B73<33:>3:75@=23:7<B3@@C>B=@23::/D/2=@/CB=;KB71=F:7;>7/>/@/0@7A/A7<B3@@C>B=@23:/:CG/<B7<730:/23:/<B3@/F1=<13A7=</@7=A7<B3@@C>B=@23
:=A7<B3@;7B3<B3A23/2D3@B3<17/%/@/3:D36M1C:=1=<0=:A/23/7@3F/?C3:/0=07</231=<B/1B=A3;=<B/3<:/>/@B3AC>3@7=@23:7<B3@@C>B=@;C:B74C<17O<F2327@3117O<23:
A3<A=@23:K<5C:=23:/@C32/(%3ABK;=<B/2=3<:/>/@B3AC>3@7=@23:/0=07</231=<B/1B=>@3AB/@/B3<17O</:3EB@/3@F1=:=1/@=1=<B@=:23:1/0:3/2=
/39+77:5947+8*+1:?2:19/,:3)/E3 /39+77:5947+82:19/,:3)/E31/25/'5'7'(7/8'8
7<B3@@C>B=@23:/:CG 7<B3@@C>B=@23::7;>7/>/@/0@7A/A23:/<B3@=
7<B3@@C>B=@23:/:K;>/@//<B7<730:/23:/<B3@/ 27/:23D3:=172/223::7;>7/>/@/0@7A/A
7<B3@@C>B=@23::7;>7/>/@/0@7A/AB@/A3@=
<B3@@C>B=@:/D/2=@//CB=;KB71/4@3<B3

Y /39+77:5947*+1'1:?
,'748*+1'39+748
/@=A23:/<B3@=A:/B3@/:3A23>=A717O<:/1=:/:/
;/B@M1C:/:/<730:/F3:1=<8C<B=237<AB@C;3<B=A
:K;>/@/AA33<173<23<
1'1:?97'8+7'
3>=A717O<:/B3@/:3AB@/A3@/A23>:/1/A23<730:/
F3:1=<8C<B=237<AB@C;3<B=A:K;>/@/AA3
3<173<23<
1'1:?+3':942A9/)4
:K;>/@/A23:/1/03G/F:/1=:/
/CB=;KB71/;3<B33<13<23@=/>/5/@3<0/A3/
:/7<B3<A72/223:/:CG23:A=:/</:7G/2/>=@3:
:)+8'5'-'*'8
A3<A=@23:CG/CB=;KB71/
-/7+'1'*+7+).'*+1'1A25'7'*+8+D'15'75'*+'
314'194*+1';/-'
%/@/3<13<23@:/:CG231/@@3B3@/23:
4/@=3;>C8/@:/>/:/<1/6/17/3:
B/0:3@=237<AB@C;3<B=A1=<3:4/@=23
1@C133<
'84 -/7+'1'/?6:/+7*'*+1'1A25'7'*+8+D'15'75'*+'
<23>3<273<B3;3<B323:/>=A717O<23:7<B3@@C>B=@23:/
:CG1C/<2=A3AC83B/:/>/:/<1/6/17/3:D=:/<B3:=A
4/@=A3ABK<3<13<272=A:CG231/@@3B3@/2C@/<B3:/
/39+77:5947*+1'1A25'7''39/3/+(1'*+1'39+7'
@3B3<17O<
%/@/3<13<23@:/A:C13A23<730:/57@33AB37<B3@@C>B=@
;73<B@/A?C3:/A:C13AB@/A3@/A=:=A4/@=A3ABK<
3<13<272=A

Y /39+77:5947*+11/25/'5'7'(7/8'8
39+77:59471';'*47'':942A9/)'
(7/:>C:A/@3:7<B3@@C>B=@1C/<2=3:7<B3@@C>B=@23:
:7;>7/>/@/0@7A/AA3DC3:D3/:/>=A717O<$:M?C72=23
:7;>73G/A3>C:D3@7G/23C</D3G:7;>7/>/@/0@7A/A=>3@/
::7;>7/>/@/0@7A/A4C<17=</2C@/<B3171:=
D313A3A>CLA23C<B73;>=:M?C72=23:7;>73G/A3>C:D3@7G/
1C/<2=A33;>C8/6/17//@@70/:/>/:/<1/!/
C</D3G;KAF3::7;>7/>/@/0@7A/A4C<17=</ D313A
>/:/<1/DC3:D3/:/>=A717O<$1C/<2=A3
:703@/

3B3<3@:/=>3@/17O<
"!
1=<B@=:3A23D3:=172/223:7;>7/>/@/0@7A/A
/CB=;KB71/;3<B33<4C<17O<23:/D3:=172/223:
D36M1C:==:/1/<B72/223::CD7/::CD7/23B3117O<
:7;>7/>/@/0@7A/A

D3:=172/2230/@@72=A36/13;KA:3<B=
1C/<2=A31=:=1/3:
>C<B3@=3<:/>=A717O<!$

!7;>7/<2=:/D3:=172/2A36/13;KA@K>72=1C/<2=
A31=:=1/3:>C<B3@=3<:/>=A717O<23
/39+77:5947*+)439741*+;+14)/*'**+('77/*4
:57@/@/():7;>7/<2=:/D3:=172/2A36/13;KA@K>72=F/:57@/@/:3<B=:7;>7/<2=
:/D3:=172/2A3DC3:D3;KA:3<B=

/39+77:5947*+11/25/'5'7'(7/8'897'8+74
C/<2=3:7<B3@@C>B=@3ABK1=;>:3B/;3<B357@/2=:M?C72=23:7;>73G/A3
>C:D3@7G/A=0@33:1@7AB/:23:/D3<B/</B@/A3@/F3::7;>7/>/@/0@7A/AB/;07L<
4C<17=</@K
C/<2=A3AC3:B/3:7<B3@@C>B=@A323B3<2@K3<3:;=2=234C<17=</;73<B=23:
:7;>7/>/@/0@7A/AB@/A3@=FAO:=3::7;>7/>/@/0@7A/AA35C7@=>3@/<2=
4C<17=</;73<B=23::7;>7/>/@/0@7A/AB@/A3@=
>/@/2/A:7;>7/>/@/0@7A/AB@/A3@=A
C/<2=3:7<B3@@C>B=@3ABK1=;>:3B/;3<B357@/2=:M?C72=23:7;>73G/A3
>C:D3@7G/A=0@33:1@7AB/:23:/D3<B/</B@/A3@/F3::7;>7/>/@/0@7A/AB/;07L<
4C<17=</@KC/<2=3:7<B3@@C>B=@3ABK
:703@/2=D=:D3@K/:/>=A717O<S$
F/>/5/@3::7;>7/>/@/0@7A/AF://@/<23:/

/39+77:5947*+)439741*+;+14)/*'*
:1=<B@=:231@C13@=3AC<A7AB3;/231=<B@=:/CB=;KB71=23:/D3:=172/2?C3;/<B73<3C</D3:=172/223;/@16/23A3/2/A7<CB7:7G/@3:>32/:23:
/13:3@/2=@:7<B3@@C>B=@231=<B@=:231@C13@=3ABK;=<B/2=3<:/A3117O<7<43@7=@23@316/23:/@C32/2327@3117O<C/<2=A3/117=</3AB37<B3@@C>B=@3:
1@C13@=*)$=:K;>/@/$3<3:1C/2@=237<AB@C;3<B=AA33<173<23
:7<B3@@C>B=@231=<B@=:231@C13@=B73<3C<7<B3@@C>B=@2317<1=D313A3<:/;7A;/!/*23:;=B=@>C32323B3@;7</@:/1=<2717O<231=<2C117O<231=@@73<B3>C3AB=
?C3:/@3A7AB3<17/D/@M/23>3<273<2=23:/=>3@/17O<23:7<B3@@C>B=@
:A7AB3;/231=<B@=:231@C13@=A36/134C<17=</@/:/D3:=172/223:D36M1C:=233<B@3 9;6F
9; 6!/B@/<A;7A7O<;/<C/:A36/134C<17=</@
3<3:7<B3@D/:=23 H;/@16/=AC>3@7=@
AB/4C<17O<A3>C323CB7:7G/@3<:/A75C73<B31=<2717O<23B@K471=A7;>=@B/<B3B3<3@1C72/2=>/@/CB7:7G/@3AB/4C<17O<
/39+77:5947*+)439741*+)7:)+74
=<B@=:231@C13@=$#3:1=<B@=:231@C13@= =<B@=:231@C13@=23A/13:3@/17O<231=<B@=:
$/CB=;KB71=23:/D3:=172/2/13:3@/17O< 231@C13@='3A3B

39+77:5947*+1'(4)/3'
=A1C3@<=A3ABK<7<AB/:/2=A3<:/>/@@7::/23:@/27/2=@3<:/>/@B37<43@7=@23/;0=A:/2=AC<=3<1/2/:/2=/F=B@=1C3@<=7<AB/:/2=3<:/>/@B3
7<43@7=@23:/0/<2/230/<238/23:/0/B3@M/3<3:1=;>/@B7;73<B=23:;=B=@>/@/://:/@;/23@=0=C<17=</;73<B=23:7<B3@@C>B=@23:/0=17</3<3:
D=:/<B3A3/>:71/:/3<3@5M//:@3:L230=17</>/@/=>3@/@/;0=A1C3@<=A1C3@<=2C/:
!/0=17<//<B7@@=0=3ABK1=<B@=:/2/>=@3:"3<3:;=2=/@;/2=7<23>3<273<B3;3<B323:/=>3@/17O<23@3:L230=17</
39+77:5947*+(4)/3'

!"!)'1+39'*47*+'8/+394
:/A73<B=23:/<B3@=FB@/A3@=7<B3@@C>B=@3A;KA1/:73<B3A3ABK<27A3N/2=A>/@/1=<B@=:/@!$=:/B3;>3@/BC@/23:/A73<B=>@3<A/
3:S/:B/B3;>3@/BC@/=S!$0/8/B3;>3@/BC@/3<3:7<B3@@C>B=@23/A73<B=;KA1/:73<B3>/@/1/:3<B/@3:/A73<B=F3:@3A>/:2=C/<2=
:/B3;>3@/BC@//:1/<G/
IU3:B3@;7AB=@7<B35@/2=3<=<3E7=<3A23/A73<B=
F1=@B/:/3<3@5M/>/@/;/<B3<3@:/B3;>3@/BC@/3AB/0:3/FC<72/2<=/A73<B=A3>/@/2=;KA1/:73<B3>/@/1=<B@=:/@:/B3;>3@/BC@/231/:3<B/;73<B=23:
/:/;0@31/:3<B/2=/A73<B=
/39+77:5947*+1'8/+394*+1'39+742A8)A1/*4
:/A3()
A73<B=23:1=<2C1B=@A73<B=23:>/A/83@=
7<B3@@C>B=@23:1/:3<B/2=@7<B3@@C>B=@23:1/:3<B/2=@
'8/+39497'8+742A8)A1/*4/39+77:5947
/A73<B=B@/A3@=7G?C73@2=7<B3@@C>B=@23:1/:3<B/2=@ /A73<B=23:7<B3@@C>B=@23:1/:3<B/2=@B@/A3@/23@316/

"*+1)432:9'*47*+)43841'
!/:K;>/@/236/07B/17O<23:/<B3@/3A1=<B@=:/2=>=@3:"
!/:K;>/@/236/07B/17O<23:/<B3@/A33<173<231C/<2=://>3@BC@/23:/>C3@B/23:1=<2C1B=@=3:>/A/83@=%C3@B//1=>:/2/7<B3@@C>B=@234C<17=</;73<B=$#
:13@@/@:/>C3@B/23:1=<2C1B=@=23:>/A/83@=:/:K;>/@/7<B3@7=@4@=<B/:A33<173<232C@/<B3A35C<2=AF23A>CLAA3/B3<P/6/17//0/8=2C@/<B3 A35C<2=A
%C3@B//1=>:/2/7<B3@@C>B=@234C<17=</;73<B=$#
!/:K;>/@/236/07B/17O<23:/<B3@/A3/1B7D/ 23A/1B7D/23>3<273<2=23:/=>3@/17O<23:/:K;>/@/236/07B/17O<4@3<B37<B3@@C>B=@$# $7<B3@@C>B=@A>=B
/39+77:5947*+)43841'+3+19+).4
1C/@B=23:/<B3@=7<B3@@C>B=@23:/:K;>/@/23:/
1=<31B=@23:/:K;>/@/6/07B/17O<23:4@3<B3
>C3@B/:=A;=B=@3A/1=>:/2=A7<B3@@C>B=@7<B3@@C>B=@
1=<31B=@B316=A=:/@
23:B316=A=:/@

/39+77:5947*+1'1A25'7'.'(/9')/E3*+1,7+39+ :+79'/39+77:5947*+,:3)/43'2/+394')451'*'
!/A:K;>/@/A236/07B/17O<1=<2C1B=@ >/A/83@=A33<173<23/: !/:K;>/@/23:/:K;>/@/236/07B/17O<FA/:/13<B@/:23:/<B3@=
>@3A7=</@3<3AB=A7<B3@@C>B=@3A A33<173<23/:/0@7@C</>C3@B/1=<3AB37<B3@@C>B=@>C:A/2=
/39+77:5947*+19+).4841'7
Y 25:0+.')/''77/('+1/39+77:5947(7+;+2+39+*+81/?'2/+394*+5'848':942E;/1'(/+794
C/<2=A33;>C8/6/17//@@70/3:7<B3@@C>B=@0@3D3;3<B33:B316=A=:/@A3/0@3/CB=;KB71/;3<B3!//>3@BC@/A3::3DO/1/0=3<3B/>/A<3:
>@7;3@>/A=<=A3/0@3:/G=</231;23B@KA23:B316=A=:/@;>C836/17//@@70/3:7<B3@@C>B=@C</D3G;KA1=<3:47<23/0@7@3:B316=A=:/@
1=;>:3B=!/=>3@/17O<A323B73<3B316=A=:/@A3/117=<33:7<B3@@C>B=@2C@/<B3AC4C<17=</;73<B=
Y 25:0+.')/''77/('>2'39+3-'5:18'*4+1/39+77:59472'3:'1*+)477+*+7''(/+79'
:B316=A=:/@A3/0@33:B73;>=?C33;>C8/6/17//@@70/3:7<B3@@C>B=@
Y '0'71'5'1'3)'(7+;+2+39+':94*+81/?'39+)+7)'
:B7@/@6/17//0/8=3:7<B3@@C>B=@0@3D3;3<B33:B316=1=@@327G=A3173@@//CB=;KB71/;3<B3%/@/23B3<3@3:B316=A=:/@173@@3/117=<33:
7<B3@@C>B=@/C<=C=B@=A3<B72=
Y !/7+.')/''('04>2'39+3-'5:18'*4+1/39+77:59472'3:'1*+*+81/?'2/+394)+7)'
:B316=1=@@327G=A3173@@/A73;>@3?C3B7@/@6/17//0/8=3:7<B3@@C>B=@

Y :+79'')451'*4,:3)/43'2/+394*+1'1A25'7'.'(/9')/E3>*+)439741*+7+-:1')/E3
:/0@7@1C/:?C73@/23:/A>C3@B/A;73<B@/A?C33:7<B3@@C>B=@23:/:K;>/@/6/07B/17O<3<1=<A=:/AC>3@7=@A3>@3A7=</3<>=A717O</1=>:/2/>C3@B/:/A:K;>/@/A
23:/A6/07B/17=<3A4@=<B/:3AF13<B@/:A33<173<23<(7A3@3B7@/:/::/D3F:/>C3@B/>3@;/<313/073@B/:/A/:/D/:K;>/@/A/CB=;KB71/;3<B323A>CLA23
;7<CB=A:;=2=23ACA>3<A7O<A3@K23A/1B7D/2/1C/<2=:/>C3@B/3ABK13@@/2/=A3173@@/1=<:/:K;>/@//>/5/2//CB=;KB71/;3<B3
:13@@/@:/>C3@B/1=<#$#:/A/:/23:/A:K;>/@/AA3/>/5/<7<;327/B/;3<B3
:13@@/@:/>C3@B/1=<#$:/A:K;>/@/A23A/:/A>3@;/<313<3<13<272/A2C@/<B3A35C<2=A;KAFA3/B3<P/<3:A/:>71/23@=:/2=
:57@/@:/::/D3233<13<272=3<:/>=A717O<$#2C@/<B3:/@35C:/17O</1/0=:/=>3@/17O<:/A/:/23:/A:K;>/@/AA3/>/5/<7<;327/B/;3<B3
C/<2=A3@31703:/A3N/:2323A0:=?C3=23>C3@B/1=<#$:/::/D3F1=<:/>C3@B/13@@/2/:/:K;>/@/7<B3@7=@:K;>/@/=D3@63/26/07B/17O<
1=<A=:/ 13<B@=A33<173<232C@/<B3
A35C<2=A
%/@/:/3A>317471/17O<1=<3:( ":/A:K;>/@/AA33<173<23<>=@:=A' (23A0:=?C3/@=A3N/:2323A0:=?C3=>/A7D/C/<2=A3@31703:/A3N/:2323A0:=?C3=23:/
>C3@B/23<C3D=;73<B@/A:/A:K;>/@/A>3@;/<313<3<:=A' (=A3N/:2323A0:=?C3=>/A7D/:/A:K;>/@/A23:/1=<A=:/ A/:/13<B@/:23/@@70/>3@;/<3133<13<272/
2C@/<B3
A35C<2=A;KA!/A:K;>/@/A?C32/<3<1C/<2=A3@31703:/A3N/:2323A0:=?C3=23>C3@B/
C/<2=A3/0@3C</>C3@B/2C@/<B33:4C<17=</;73<B=F=>3@/17O<23@35C:/17O</1=>:/2/:/A/:/23:K;>/@/A>3@;/<3133<13<272=C/<2=A3173@@/23
<C3D=:/A:C13A>3@;/<313<3<13<272/A2C@/<B3A35C<2=A;KAFA3/B3<P/<2C@/<B3 A35C<2=A"73<B@/A?C3:/A:K;>/@/A6/07B/17O<=A1C@/1C/<2=:/A
>C3@B/A23:1=<2C1B=@ >/A/83@= B@/A3@/3ABK</073@B/AF13@@/2/A?C3A3/>/5/<7<;327/B/;3<B3/:3<B@/@3<3:;=2=/<B7@@=0=!/A:K;>/@/A23A/:/AA3
3<173<23<1C/<2=A3@31703:/A3N/:23/>@=E7;/17O</CB=;KB71/

Y )439741*+'*;+79+3)/'9+).4841'7
:@3B7@/@:/::/D3231=<B/1B=1=<3:B316=A=:/@/073@B=A7<( "=/:/0@7@:/>C3@B/23:1=<2C1B=@1=<#$=FB316=
A=:/@/073@B=1=<( "AC3</3:GC;0/2=@7<B3@7=@2C@/<B3
A35C<2=A1=<3:7<B3@D/:=23

A$# $A
:/0@7@F13@@/@:/>C3@B/23:1=<2C1B=@=13@@/@3:B316=A=:/@2C@/<B33:4C<17=</;73<B=23:/D7A/2=@237<B3@7=@3:GC;0/2=@238/23AC4C<17=</;73<B=
7<;327/B/;3<B3
:13@@/@:/>C3@B/23:1=<2C1B=@=3:B316=A=:/@F://>3@BC@/23<C3D=2C@/<B3:/=>3@/17O<23/2D3@B3<17/://2D3@B3<17/B316=A=:/@<=4C<17=</(7A3
1C;>:3:/1=<2717O<23A>CLA23:/::/D3233<13<272=3ABK3<:/>=A717O<$#>=A717O<=B@/D3G3:GC;0/2=@7<B3@7=@AC3</2C@/<B3
A35C<2=A1=<3:
7<B3@D/:=23

A$# $A!//2D3@B3<17/B316=A=:/@B73<3>@7=@72/2A=0@3:/:K;>/@/231=:/A=0@3://:3@B/

!"!"! !
/39+77:5947*+'5+79:7'*+15479E397'8+74
7<B3@@C>B=@23/>3@BC@/23:>=@BO<B@/A3@=

Y 5479E397'8+74'(/+794
8/3
C/<2=A3>C:A/3:7<B3@@C>B=@23>=@BO<B@/A3@=2C@/<B3;KA23
A35C<2=A1=<:/>C3@B/23:1=<2C1B=@F3:D36M1C:=23A0:=?C3/2=
D3:=172/2>=@230/8=23 I
9; 63:@3:L/073@B=3:>=@BO<B@/A3@=A3>=<33<$#2C@/<B3/>@=E7;/2/;3<B3A35C<2=1=<
$>=23@$#=#$#(7<3;0/@5=A3>=<33<$#1C/<2=:/D3:=172/223:D36M1C:=3A7<43@7=@/
I
9; 61=<#$#
:@3:L/073@B=3:>=@BO<B@/A3@=A3/>/5/7<;327/B/;3<B323A>CLA23:/>C3@B/23:1=<2C1B=@3ABK0:=?C3/2==:/D3:=172/223:D36M1C:=/:B= 9;61=<#
#2C@/<B3AC4C<17=</;73<B=(7<3;0/@5=3:"<=4C<17=</A7A3>C:A/3:7<B3@@C>B=@23/>3@BC@/23:>=@BO<B@/A3@=1C/<2=:/D3:=172/223:D36M1C:=3A
AC>3@7=@/ 9; 6
/073@B/23:/>C3@B/>=AB3@7=@' (23A0:=?C3/@;=2=2327AC/A7O<23A/@;/2=W:/>C3@B/>=AB3@7=@23:/A3N/:/073@B/23:/>C3@B/>=AB3@7=@W
/073@B=
)43
C/<2=A3>C:A/3:7<B3@@C>B=@23>=@BO<B@/A3@=2C@/<B3;KA23
A35C<2=A1=<:/>C3@B/23:1=<2C1B=@F3:D36M1C:=23A0:=?C3/2=
D3:=172/2>=@230/8=23 I
9; 63:@3:L/073@B=3:>=@BO<B@/A3@=A3>=<33<$#2C@/<B3/>@=E7;/2/;3<B3A35C<2=
:@3:L/073@B=3:>=@BO<B@/A3@=A3/>/5/7<;327/B/;3<B323A>CLA23:/>C3@B/23:1=<2C1B=@3ABK0:=?C3/2==:/D3:=172/223:D36M1C:=/:B= 9;62C@/<B3AC
4C<17=</;73<B=
C/<2=A3>C:A/3:7<B3@@C>B=@23:/>C3@B/B@/A3@/23:/B31:/7<B3:753<B33<;=2=2327AC/27@/:=A:/2@=<3A=1=<:/B31:/7<B3:753<B323B31B/2=>=@://<B3</
3EB3@7=@3:( "D3@7471/:/::/D37<B3:753<B3F23A/@;/3:>=@BO<B@/A3@=A=:/;3<B3C/<2=3:>=@BO<B@/A3@=3ABK/073@B=F13@@/2=3:A7AB3;/3<B@/3<3:;=2=
2327AC/27@/:=A:/2@=<3A23<C3D=(73:7<B3@@C>B=@23:/>C3@B/B@/A3@/<=A3CB7:7G/2C@/<B3
A35C<2=A3:A7AB3;/B/;07L<:=6/13
:"1=;>@C30/?C3:/::/D37<B3:753<B33AD3@7471/2=3<3:3?C7>/836/07B/17O<A35C<2=23A>CLA23?C33:>=@BO<B@/A3@=13@@/2=3A23B31B/2/>=@3:7<B3@@C>B=@
23/>3@BC@/23:>=@BO<B@/A3@=1=<23A1=<3E7O<23://:7;3<B/17O<
(76/FC</::/D37<B3:753<B3D3@7471/2=3<:/A/:/233?C7>/831C/<2=3:>=@BO<3ABK/073@B=F13@@/2=3<3:;=2=/<B7@@=0=3:
GC;0/2=@3EB3@<=AC3</2C@/<B3A35C<2=A
C/<2=:/>@3<A/1=<B@=:/2=@23:7<B3@@C>B=@23/>3@BC@/23:>=@BO<B@/A3@=1=<3:47<230CA1/@:/::/D37<B3:753<B33:"23A/1B7D/:/13@@/2C@/23;/<3@/?C3A3>C32/
/0@7@3:>=@BO<B@/A3@=/>3A/@23?C3:/>C3@B/23:1=<2C1B=@3ABK0:=?C3/2/"/<B73<33:;=2=3<3A>3@/>/@/://>3@BC@/A7<D3@7471/17O<

(TM) Ssangyong Manual de Taller Ssangyong Korando 2013 Gasolina

Uploaded by

Document Information

Original Description:

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

(TM) Ssangyong Manual de Taller Ssangyong Korando 2013 Gasolina

Uploaded by

Copyright:

Available Formats



:+<+6+/6/@+-3N8./ :9=>/= :+<+6+/6/@+-3N8./ :9=>/=

   

 ./6-98/->9<0<98>+6./-98><96./:?<1+./679>9< @J6@?6+& #/6/-><N83-936><9./

 ! 

2%,1$'((1&(1','2 %8-B$'((1&(1','2 !'(/02725

"62/(12,'(&21-8172'(9@/98/$'( 6(1625  "9@/98/$

 !'(/02725 @03$5$'(

2/(&725'((6&$3( 9@/98/$'(" /2:%<0$1*8(5$

78%2'((6&$3(2 8%2'((6&$3(2 8%2'((6&$3(2

6(1625'(2;B*(12'()5(17('(/ 6(1625'(2;B*(1275$6(5$ !

$/$1&$'(35(6,D1'(/$&(,7( &+2552'($&(,7( 0(','25'($&(,7('(/02725

2/(&725'($&(,7( 20%$'($&(,7( 0D'8/2'(),/752'($&(,7(

&21-8172'(5$',$'25 " 

0,'$' (5&4,2&,A0 52(&,),&$&,A0

014I03428;8=3A> ";0=DA0 &>A34109>34  <<

>=BD<>  J <<

2>98=4C4;8B> =27DA0 <<

7>;6DA0340248C4  J  <<

B20?43403<8B8>= B24=B>A34EP;ED;0344B20?4 #0G

84;0 4;9D46>0G80; J <<

  

1/%4( 6$/$@1 $06,'$' 2$4'($24,(6(

?4A=><0A2>34;04B20;4A0 #- -  M$<

) #-  - M  $<

)0?T=343A4=094340248C4  M $<

?4A=>2PAC4A340248C4 #-  - 38428BQ8B M  $<

?4A=>2PAC4A340248C4 #-  -  M  $<

?4A=>2PAC4A340248C4 #-  -  M  $<

?4A=>3420;81A4E0A8;;0340248C4 #-  -  M  $<

C0?034;PA1>;34;4E0B #-  -  M  $<

D;0C0?4A=>;03>) #- -  M$<

2D184AC05A>=C0;?4A=>342D;0C0 #-  -  M  $<

8;8=3A>?4A=>34;0C0?0342D;0C0 #-  -  M  $<

?4A=>24=CA0;34;286V4S0; # - -  M $<

?4A=>34;E>;0=C4 # -  -  M$<

>=4G8T=34?4A=>34;0E0A8;;0 #-  -   $<

?4A=>34;0C0?00<  #-  -  M  $<

)0?034;4E0?4A=>J #-  - 38428BQ8B M  $<

?4A=>342>;42C>A3403<8B8T= #- -  M$<

1/%4( 6$/$@1 $06,'$' 2$4'($24,(6(

>;42C>A3403<8B8T=?4A=>34B>?>AC48=54A8>A #- -   M$<

?4A=>?A>C42C>A40C #-  -  M $<

?4A=>3427>AA>340248C4  M $<

?4A=>34;01><103406D0 #-  - M $<

8=CDAT=C4=B>A8=54A8>A?4A=> # - - M$<

?4A=>34;0?>;4034;01><103406D0 #-  -   M $<

?4A=>34;C4A<>BC0C> #-  -  M $<

'45A864A0=C4?4A=>?D4AC>34B0;830 #-  -  M $<

CD14AR034A45A864A0=C4?4A=>34<>=C094 #-  -   M $<

01A0I034A034;0<0=6D4A03434A8E028T= #  M $<

#>C>A?4A=><>D=C8=54B?PAA06>   M $<

A4=C434;<>C>A34C>A=8;;>34589028T= # -   M $<

A4=C434;<>C>A34C>A=8;;>34589028T= # -  M $<

B>?>AC434BDB?4=B8T=34;0=C4A034;<>C>A #- -  M$<

B>?>AC434BDB?4=B8T=CA0B4A034;<>C>A #- -  M$<

*=?4A=>2><?A4B>A   M$<

(>?>AC434;010B434<>=C09434;CA4=345D4AI0 ;0BDB?4=B8T=34;<>C>A <>C>A C><034<>C>A4B34CA0109>?4B03>

">=68CD334;02>AA40  << ">=68CD334;02>AA40  <<

">20;8I028T= <>=C0945A>=C0; *182028T= <>=C09434A4270

">20;8I028T= <>=C0948I@D84A3> ">20;8I028T= <>=C094?>BC4A8>A

=4%1.'(.(8$5'((5&$2( ! 5(*7,'14'(.,0*7(6(;

:+<+6+/6/@+-3N8./:9=>/= :+<+6+/6/@+-3N8./:9=>/=

./6-98/->9<0<98>+6./-98><96./:?<1+./679>9< @J6@?6+& #/6/-><N83-936><9./

!

2%,1$'((1&(1','2 %8-B$'((1&(1','2 !'(/02725

"62/(12,'(&21-8172'(9@/98/$'( 6(1625 "9@/98/$

!'(/02725 @03$5$'(

2/(&725'((6&$3( 9@/98/$'(" /2:%<0$1*8(5$

78%2'((6&$3(2 8%2'((6&$3(2 8%2'((6&$3(2

6(1625'(2;B(12'()5(17('(/ 6(1625'(2;B(1275$6(5$ !

$/$1&$'(35(6,D1'(/$&(,7( &+2552'($&(,7( 0(','25'($&(,7('(/02725

2/(&725'($&(,7( 20%$'($&(,7( 0D'8/2'(),/752'($&(,7(

&21-8172'(5$',$'25 "

0,'$' (5&4,2&,A0 52(&,),&$&,A0

014I03428;8=3A> ";0=DA0 &>A34109>34<<

>=BD<> J<<

2>98=4C4;8B> =27DA0 <<

7>;6DA0340248C4 J<<

B20?43403<8B8>= B24=B>A34EP;ED;0344B20?4 #0G

84;0 4;9D46>0G80; J <<

1/%4( 6$/$@1 $06,'$' 2$4'($24,(6(

?4A=><0A2>34;04B20;4A0 #- - M$<

) #- - M $<

)0?T=343A4=094340248C4 M$<

?4A=>2PAC4A340248C4 #- - 38428BQ8B M $<

?4A=>2PAC4A340248C4 #- - M $<

?4A=>2PAC4A340248C4 #- - M $<

?4A=>3420;81A4E0A8;;0340248C4 #- - M $<

C0?034;PA1>;34;4E0B #- - M $<

D;0C0?4A=>;03>) #- - M$<

2D184AC05A>=C0;?4A=>342D;0C0 #- - M $<

8;8=3A>?4A=>34;0C0?0342D;0C0 #- - M $<

?4A=>24=CA0;34;286V4S0; # - - M$<

?4A=>34;E>;0=C4 # - - M$<

>=4G8T=34?4A=>34;0E0A8;;0 #- - $<

?4A=>34;0C0?00< #- - M $<

)0?034;4E0?4A=>J #- - 38428BQ8B M $<

?4A=>342>;42C>A3403<8B8T= #- - M$<

1/%4( 6$/$@1 $06,'$' 2$4'($24,(6(

>;42C>A3403<8B8T=?4A=>34B>?>AC48=54A8>A #- - M$<

?4A=>?A>C42C>A40C #- - M $<

?4A=>3427>AA>340248C4 M $<

?4A=>34;01><103406D0 #- - M $<

8=CDAT=C4=B>A8=54A8>A?4A=> # - - M$<

?4A=>34;0?>;4034;01><103406D0 #- - M $<

?4A=>34;C4A<>BC0C> #- - M $<

'45A864A0=C4?4A=>?D4AC>34B0;830 #- - M $<

CD14AR034A45A864A0=C4?4A=>34<>=C094 #- - M $<

01A0I034A034;0<0=6D4A03434A8E028T= # M$<

#>C>A?4A=><>D=C8=54B?PAA06> M$<

A4=C434;<>C>A34C>A=8;;>34589028T= # - M$<

A4=C434;<>C>A34C>A=8;;>34589028T= # - M$<

B>?>AC434BDB?4=B8T=34;0=C4A034;<>C>A #- - M$<

B>?>AC434BDB?4=B8T=CA0B4A034;<>C>A #- - M$<

*=?4A=>2><?A4B>A M$<

(>?>AC434;010B434<>=C09434;CA4=345D4AI0;0BDB?4=B8T=34;<>C>A<>C>AC><034<>C>A4B34CA0109>?4B03>

">=68CD334;02>AA40 << ">=68CD334;02>AA40 <<

=4%1.'(.(8$5'((5&$2( ! 5(7,'14'(.,07(6(;

75+&$'(0$572(4,14 =4%1.'(.(8$5'((5&$2( (.=4%1.'(.(8$5'($'/,5,A0

1A427034 58=0; J A0=DA0J

>;>@D4;01A427058=0;34 0=8;;>4= X;49>B34;01A427058=0;340=8;;>

A>9> ID; J

<0A8;;> <0A8;;> J

ID; A>9> J

+ +8>;4C0 J

0,'$' (5&4,2&,A0 52(&,),&$&,A0

014I03428;8=3A> ";0=DA0 &>A34109>34<<

>=BD<> J<<

2>98=4C4;8B> =27DA0 <<

7>;6DA0340248C4 J<<

B20?43403<8B8>= B24=B>A34EP;ED;0344B20?4 #0G

84;0 4;9D46>0G80; J <<

1/%4( 6$/$@1 $06,'$' 2$4'($24,(6(

?4A=><0A2>34;04B20;4A0 #- - M$<

) #- - M $<

)0?T=343A4=094340248C4 M$<

?4A=>2PAC4A340248C4 #- - 38428BQ8B M $<

?4A=>2PAC4A340248C4 #- - M $<

?4A=>2PAC4A340248C4 #- - M $<

?4A=>3420;81A4E0A8;;0340248C4 #- - M $<

C0?034;PA1>;34;4E0B #- - M $<