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Instruction Book

GA 11 VSD, GA 7 VSD

Copyright Notice

Any unauthorized use or copying of the contents or any part thereof is


prohibited.

This applies in particular to trademarks, model denominations, part numbers


and drawings.

Date Printed .................... 16/06/2006

Atlas Copco
www.atlascopco.com
6CDNGQHEQPVGPVU

 5CHGV[RTGECWVKQPU  

 5#('6;+%105  

 5#('6;24'%#76+105&74+0)+056#..#6+10  

 5#('6;24'%#76+105&74+0)12'4#6+10  

 5#('6;24'%#76+105&74+0)/#+06'0#0%'144'2#+4 

 )GPGTCNFGUETKRVKQP  

 +0641&7%6+10 

 #+4(.19 

 1+.5;56'/ 

 %11.+0)5;56'/ 

 %10&'05#6'5;56'/ 

 '.'%6410+%9#6'4&4#+05
'9& 

 4')7.#6+0)5;56'/ 

 '.'%64+%#.5;56'/ 

 '.'%64+%#.&+#)4#/ 

 #+4&4;'4 

 'NGMVTQPKMQP++TGIWNCVQT  

 '.'-6410+-10s++4')7.#614 

 %10641.2#0'. 

 (70%6+10-';5 

 5%41..-';5 

 '/'4)'0%;5612$76610 

 %10641.241)4#/5 

 /#+05%4''0/'07 

 %#..+0)72/'075 

 37+%-.11-#66*'#%67#.%1/24'551456#675 

 56#675&#6#/'07


 /'#574'&&#6#/'07 

 %1706'45/'07  

 6'56/'07  

 /1&+(;2#4#/'6'45/'07  

 /1&+(;+0)%1/24'5514/16145'66+0)5  

 /1&+(;+0)2#4#/'6'45  

 /1&+(;+0)2416'%6+105'66+0)5  

 /1&+(;+0)5'48+%'2.#05  

 241)4#//+0)%.1%-(70%6+10  

 /1&+(;+0)%10(+)74#6+105'66+0)5 

 241)4#//+0)%1/24'5514%10641./1&'5  

 5'48+%'/'07  

 5#8'&&#6#/'07  

 241)4#//#$.'5'66+0)5(14)#85&  

 15&QKNEQPFGPUCVGUGRCTCVQT 

 15&70+6  

 12'4#6+0)#0&/#+06'0#0%'+05647%6+105  

 2+%61)4#2*5  

 +PUVCNNCVKQP

 &+/'05+10&4#9+0)5  

 +056#..#6+10241215#.  

 '.'%64+%#.%100'%6+105  

 2+%61)4#2*5  

 1RGTCVKPIKPUVTWEVKQPU 

 $'(14'+0+6+#.56#4672  

 +0+6+#.56#4672  

 $'(14'56#46+0)  

 56#46+0) 


 &74+0)12'4#6+10 

 %*'%-+0)6*'&+52.#; 

 56122+0) 

 6#-+0)1761(12'4#6+10 

 /CKPVGPCPEG  

 24'8'06+8'/#+06'0#0%'5%*'&7.'

 &4+8'/1614 

 1+.52'%+(+%#6+105 

 1+.#0&1+.(+.6'4%*#0)' 

 5614#)'#(6'4+056#..#6+10 

 5'48+%'-+65 

 #FLWUVOGPVUCPFUGTXKEKPIRTQEGFWTGU  

 #+4(+.6'4 

 %11.'45 

 5#('6;8#.8'5 

 2TQDNGOUQNXKPI  

 241$.'/51.8+0) 

 6GEJPKECNFCVC  

 4'#&+0)510&+52.#; 

 '.'%64+%%#$.'5+<' 

 5'66+0)5(14(75'5 

 4'('4'0%'%10&+6+105#0&.+/+6#6+105 

 %1/24'5514&#6#(14)#85&

 +PUVTWEVKQPUHQTWUGQHCKTTGEGKXGT  

 +05647%6+105(1475' 


 2'&  

 24'5574''37+2/'06&+4'%6+8'5  


+PUVTWEVKQPOCPWCN

 5CHGV[RTGECWVKQPU

 5CHGV[KEQPU

'ZRNCPCVKQP

&CPIGTHQTNKHG

9CTPKPI

+ORQTVCPVPQVG

 5CHGV[RTGECWVKQPUFWTKPIKPUVCNNCVKQP

#NNTGURQPUKDKNKV[HQTCP[FCOCIGQTKPLWT[TGUWNVKPIHTQOPGINGEVKPIVJGUG
RTGECWVKQPUQTPQPQDUGTXCPEGQHVJGPQTOCNECWVKQPCPFECTGTGSWKTGFHQT
KPUVCNNCVKQPQRGTCVKQPOCKPVGPCPEGCPFTGRCKTGXGPKHPQVGZRTGUUN[
UVCVGFYKNNDGFKUENCKOGFD[VJGOCPWHCEVWTGT

)GPGTCNRTGECWVKQPU
 6JGQRGTCVQTOWUVGORNQ[UCHGYQTMKPIRTCEVKEGUCPFQDUGTXGCNNTGNCVGFNQECNYQTMUCHGV[
TGSWKTGOGPVUCPFTGIWNCVKQPU
 +HCP[QHVJGHQNNQYKPIUVCVGOGPVUFQGUPQVEQORN[YKVJNQECNNGIKUNCVKQPVJGUVTKEVGTQHVJGVYQ
UJCNNCRRN[
 +PUVCNNCVKQPQRGTCVKQPOCKPVGPCPEGCPFTGRCKTYQTMOWUVQPN[DGRGTHQTOGFD[CWVJQTKUGFVTCKPGF
URGEKCNKUGFRGTUQPPGN
 6JGEQORTGUUQTKUPQVEQPUKFGTGFECRCDNGQHRTQFWEKPICKTQHDTGCVJKPISWCNKV[(QTCKTQHDTGCVJKPI
SWCNKV[VJGEQORTGUUGFCKTOWUVDGCFGSWCVGN[RWTKHKGFCEEQTFKPIVQNQECNNGIKUNCVKQPCPF
UVCPFCTFU
 $GHQTGCP[OCKPVGPCPEGTGRCKTYQTMCFLWUVOGPVQTCP[QVJGTPQPTQWVKPGEJGEMUUVQRVJG
EQORTGUUQTRTGUUVJGGOGTIGPE[UVQRDWVVQPUYKVEJQHHVJGXQNVCIGCPFFGRTGUUWTKUGVJG
EQORTGUUQT+PCFFKVKQPVJGRQYGTKUQNCVKPIUYKVEJOWUVDGQRGPGFCPFNQEMGF
 0GXGTRNC[YKVJEQORTGUUGFCKT&QPQVCRRN[VJGCKTVQ[QWTUMKPQTFKTGEVCPCKTUVTGCOCVRGQRNG
0GXGTWUGVJGCKTVQENGCPFKTVHTQO[QWTENQVJGU9JGPWUKPIVJGCKTVQENGCPGSWKROGPVFQUQYKVJ
GZVTGOGECWVKQPCPFYGCTG[GRTQVGEVKQP


+PUVTWEVKQPOCPWCN

2TGECWVKQPUFWTKPIKPUVCNNCVKQP
 6JGOCEJKPGOWUVQPN[DGNKHVGFWUKPIUWKVCDNGGSWKROGPVKPCEEQTFCPEGYKVJNQECNUCHGV[
TGIWNCVKQPU.QQUGQTRKXQVKPIRCTVUOWUVDGUGEWTGN[HCUVGPGFDGHQTGNKHVKPI+VKUUVTKEVN[HQTDKFFGP
VQFYGNNQTUVC[KPVJGTKUM\QPGWPFGTCNKHVGFNQCF.KHVKPICEEGNGTCVKQPCPFFGEGNGTCVKQPOWUVDG
MGRVYKVJKPUCHGNKOKVU9GCTCUCHGV[JGNOGVYJGPYQTMKPIKPVJGCTGCQHQXGTJGCFQTNKHVKPI
GSWKROGPV
 2NCEGVJGOCEJKPGYJGTGVJGCODKGPVCKTKUCUEQQNCPFENGCPCURQUUKDNG+HPGEGUUCT[KPUVCNNC
UWEVKQPFWEV0GXGTQDUVTWEVVJGCKTKPNGV%CTGOWUVDGVCMGPVQOKPKOKUGVJGGPVT[QHOQKUVWTGCV
VJGKPNGVCKT
 #P[DNCPMKPIHNCPIGURNWIUECRUCPFFGUKEECPVDCIUOWUVDGTGOQXGFDGHQTGEQPPGEVKPIVJG
RKRGU
 #KTJQUGUOWUVDGQHEQTTGEVUK\GCPFUWKVCDNGHQTVJGYQTMKPIRTGUUWTG0GXGTWUGHTC[GFFCOCIGF
QTYQTPJQUGU&KUVTKDWVKQPRKRGUCPFEQPPGEVKQPUOWUVDGQHVJGEQTTGEVUK\GCPFUWKVCDNGHQTVJG
YQTMKPIRTGUUWTG
 6JGCURKTCVGFCKTOWUVDGHTGGQHHNCOOCDNGHWOGUXCRQWTUCPFRCTVKENGUGIRCKPVUQNXGPVUVJCV
ECPNGCFVQKPVGTPCNHKTGQTGZRNQUKQP
 #TTCPIGVJGCKTKPVCMGUQVJCVNQQUGENQVJKPIYQTPD[RGQRNGECPPQVDGUWEMGFKP
 'PUWTGVJCVVJGFKUEJCTIGRKRGHTQOVJGEQORTGUUQTVQVJGCHVGTEQQNGTQTCKTPGVKUHTGGVQGZRCPF
WPFGTJGCVCPFVJCVKVKUPQVKPEQPVCEVYKVJQTENQUGVQHNCOOCDNGOCVGTKCNU
 0QGZVGTPCNHQTEGOC[DGGZGTVGFQPVJGCKTQWVNGVXCNXGVJGEQPPGEVGFRKRGOWUVDGHTGGQHUVTCKP
 +HTGOQVGEQPVTQNKUKPUVCNNGFVJGOCEJKPGOWUVDGCTCENGCTUKIPUVCVKPI&#0)'46JKUOCEJKPGKU
TGOQVGN[EQPVTQNNGFCPFOC[UVCTVYKVJQWVYCTPKPI
6JGQRGTCVQTJCUVQOCMGUWTGVJCVVJGOCEJKPGKUUVQRRGFCPFVJCVVJGKUQNCVKPIUYKVEJKUQRGP
CPFNQEMGFDGHQTGCP[OCKPVGPCPEGQTTGRCKT#UCHWTVJGTUCHGIWCTFRGTUQPUUYKVEJKPIQP
TGOQVGN[EQPVTQNNGFOCEJKPGUUJCNNVCMGCFGSWCVGRTGECWVKQPUVQGPUWTGVJCVVJGTGKUPQQPG
EJGEMKPIQTYQTMKPIQPVJGOCEJKPG6QVJKUGPFCUWKVCDNGPQVKEGUJCNNDGCHHKZGFVQVJGUVCTV
GSWKROGPV
 #KTEQQNGFOCEJKPGUOWUVDGKPUVCNNGFKPUWEJCYC[VJCVCPCFGSWCVGHNQYQHEQQNKPICKTKU
CXCKNCDNGCPFVJCVVJGGZJCWUVGFCKTFQGUPQVTGEKTEWNCVGVQVJGEQORTGUUQTCKTKPNGVQTEQQNKPICKT
KPNGV
 6JGGNGEVTKECNEQPPGEVKQPUOWUVEQTTGURQPFVQVJGNQECNEQFGU6JGOCEJKPGUOWUVDGGCTVJGFCPF
RTQVGEVGFCICKPUVUJQTVEKTEWKVUD[HWUGUKPCNNRJCUGU#NQEMCDNGRQYGTKUQNCVKPIUYKVEJOWUVDG
KPUVCNNGFPGCTVJGEQORTGUUQT
 1POCEJKPGUYKVJCWVQOCVKEUVCTVUVQRU[UVGOQTKHVJGCWVQOCVKETGUVCTVHWPEVKQPCHVGTXQNVCIG
HCKNWTGKUCEVKXCVGFCUKIPUVCVKPI6JKUOCEJKPGOC[UVCTVYKVJQWVYCTPKPIOWUVDGCHHKZGFPGCT
VJGKPUVTWOGPVRCPGN
 +POWNVKRNGEQORTGUUQTU[UVGOUOCPWCNXCNXGUOWUVDGKPUVCNNGFVQKUQNCVGGCEJEQORTGUUQT0QP
TGVWTPXCNXGU
EJGEMXCNXGU OWUVPQVDGTGNKGFWRQPHQTKUQNCVKPIRTGUUWTGU[UVGOU
 0GXGTTGOQXGQTVCORGTYKVJVJGUCHGV[FGXKEGUIWCTFUQTKPUWNCVKQPHKVVGFQPVJGOCEJKPG'XGT[
RTGUUWTGXGUUGNQTCWZKNKCT[KPUVCNNGFQWVUKFGVJGOCEJKPGVQEQPVCKPCKTCDQXGCVOQURJGTKERTGUUWTG
OWUVDGRTQVGEVGFD[CRTGUUWTGTGNKGXKPIFGXKEGQTFGXKEGUCUTGSWKTGF
 2KRGYQTMQTQVJGTRCTVUYKVJCVGORGTCVWTGKPGZEGUUQHu%
u( CPFYJKEJOC[DG
CEEKFGPVCNN[VQWEJGFD[RGTUQPPGNKPPQTOCNQRGTCVKQPOWUVDGIWCTFGFQTKPUWNCVGF1VJGTJKIJ
VGORGTCVWTGRKRGYQTMOWUVDGENGCTN[OCTMGF
 (QTYCVGTEQQNGFOCEJKPGUVJGEQQNKPIYCVGTU[UVGOKPUVCNNGFQWVUKFGVJGOCEJKPGJCUVQDG
RTQVGEVGFD[CUCHGV[FGXKEGYKVJUGVRTGUUWTGCEEQTFKPIVQVJGOCZKOWOEQQNKPIYCVGTKPNGV
RTGUUWTG


+PUVTWEVKQPOCPWCN

 +HVJGITQWPFKUPQVNGXGNQTECPDGUWDLGEVVQXCTKCDNGKPENKPCVKQPEQPUWNVVJGOCPWHCEVWTGT

#NUQEQPUWNVHQNNQYKPIUCHGV[RTGECWVKQPU5CHGV[RTGECWVKQPUFWTKPIQRGTCVKQPCPF
5CHGV[RTGECWVKQPUFWTKPIOCKPVGPCPEG
6JGUGRTGECWVKQPUCRRN[VQOCEJKPGT[RTQEGUUKPIQTEQPUWOKPICKTQTKPGTVICU
2TQEGUUKPIQHCP[QVJGTICUTGSWKTGUCFFKVKQPCNUCHGV[RTGECWVKQPUV[RKECNVQVJG
CRRNKECVKQPYJKEJCTGPQVKPENWFGFJGTGKP
5QOGRTGECWVKQPUCTGIGPGTCNCPFEQXGTUGXGTCNOCEJKPGV[RGUCPFGSWKROGPVJGPEG
UQOGUVCVGOGPVUOC[PQVCRRN[VQ[QWTOCEJKPG

 5CHGV[RTGECWVKQPUFWTKPIQRGTCVKQP

#NNTGURQPUKDKNKV[HQTCP[FCOCIGQTKPLWT[TGUWNVKPIHTQOPGINGEVKPIVJGUG
RTGECWVKQPUQTPQPQDUGTXCPEGQHVJGPQTOCNECWVKQPCPFECTGTGSWKTGFHQT
KPUVCNNCVKQPQRGTCVKQPOCKPVGPCPEGCPFTGRCKTGXGPKHPQVGZRTGUUN[
UVCVGFYKNNDGFKUENCKOGFD[VJGOCPWHCEVWTGT

)GPGTCNRTGECWVKQPU
 6JGQRGTCVQTOWUVGORNQ[UCHGYQTMKPIRTCEVKEGUCPFQDUGTXGCNNTGNCVGFNQECNYQTMUCHGV[
TGSWKTGOGPVUCPFTGIWNCVKQPU
 +HCP[QHVJGHQNNQYKPIUVCVGOGPVUFQGUPQVEQORN[YKVJNQECNNGIKUNCVKQPVJGUVTKEVGTQHVJGVYQ
UJCNNCRRN[
 +PUVCNNCVKQPQRGTCVKQPOCKPVGPCPEGCPFTGRCKTYQTMOWUVQPN[DGRGTHQTOGFD[CWVJQTKUGFVTCKPGF
URGEKCNKUGFRGTUQPPGN
 6JGEQORTGUUQTKUPQVEQPUKFGTGFECRCDNGQHRTQFWEKPICKTQHDTGCVJKPISWCNKV[(QTCKTQHDTGCVJKPI
SWCNKV[VJGEQORTGUUGFCKTOWUVDGCFGSWCVGN[RWTKHKGFCEEQTFKPIVQNQECNNGIKUNCVKQPCPF
UVCPFCTFU
 $GHQTGCP[OCKPVGPCPEGTGRCKTYQTMCFLWUVOGPVQTCP[QVJGTPQPTQWVKPGEJGEMUUVQRVJG
EQORTGUUQTRTGUUVJGGOGTIGPE[UVQRDWVVQPUYKVEJQHHVJGXQNVCIGCPFFGRTGUUWTKUGVJG
EQORTGUUQT+PCFFKVKQPVJGRQYGTKUQNCVKPIUYKVEJOWUVDGQRGPGFCPFNQEMGF
 0GXGTRNC[YKVJEQORTGUUGFCKT&QPQVCRRN[VJGCKTVQ[QWTUMKPQTFKTGEVCPCKTUVTGCOCVRGQRNG
0GXGTWUGVJGCKTVQENGCPFKTVHTQO[QWTENQVJGU9JGPWUKPIVJGCKTVQENGCPGSWKROGPVFQUQYKVJ
GZVTGOGECWVKQPCPFYGCTG[GRTQVGEVKQP

2TGECWVKQPUFWTKPIQRGTCVKQP
 7UGQPN[VJGEQTTGEVV[RGCPFUK\GQHJQUGGPFHKVVKPIUCPFEQPPGEVKQPU9JGPDNQYKPIVJTQWIJC
JQUGQTCKTNKPGGPUWTGVJCVVJGQRGPGPFKUJGNFUGEWTGN[#HTGGGPFYKNNYJKRCPFOC[ECWUG
KPLWT[/CMGUWTGVJCVCJQUGKUHWNN[FGRTGUUWTK\GFDGHQTGFKUEQPPGEVKPIKV
 2GTUQPUUYKVEJKPIQPTGOQVGN[EQPVTQNNGFOCEJKPGUUJCNNVCMGCFGSWCVGRTGECWVKQPUVQGPUWTGVJCV
VJGTGKUPQQPGEJGEMKPIQTYQTMKPIQPVJGOCEJKPG6QVJKUGPFCUWKVCDNGPQVKEGUJCNNDGCHHKZGF
VQVJGTGOQVGUVCTVGSWKROGPV
 0GXGTQRGTCVGVJGOCEJKPGYJGPVJGTGKUCRQUUKDKNKV[QHVCMKPIKPHNCOOCDNGQTVQZKEHWOGU
XCRQWTUQTRCTVKENGU


+PUVTWEVKQPOCPWCN

 0GXGTQRGTCVGVJGOCEJKPGDGNQYQTKPGZEGUUQHKVUNKOKVTCVKPIU
 -GGRCNNDQF[YQTMFQQTUUJWVFWTKPIQRGTCVKQP6JGFQQTUOC[DGQRGPGFHQTUJQTVRGTKQFUQPN[
GIVQECTT[QWVTQWVKPGEJGEMU9GCTGCTRTQVGEVQTUYJGPQRGPKPICFQQT
 2GQRNGUVC[KPIKPGPXKTQPOGPVUQTTQQOUYJGTGVJGUQWPFRTGUUWTGNGXGNTGCEJGUQTGZEGGFU
F$
# UJCNNYGCTGCTRTQVGEVQTU
 2GTKQFKECNN[EJGEMVJCV
Ő #NNIWCTFUCTGKPRNCEGCPFUGEWTGN[HCUVGPGF
Ő #NNJQUGUCPFQTRKRGUKPUKFGVJGOCEJKPGCTGKPIQQFEQPFKVKQPUGEWTGCPFPQVTWDDKPI
Ő 6JGTGCTGPQNGCMU
Ő #NNHCUVGPGTUCTGVKIJV
Ő #NNGNGEVTKECNNGCFUCTGUGEWTGCPFKPIQQFQTFGT
Ő 5CHGV[XCNXGUCPFQVJGTRTGUUWTGTGNKGHFGXKEGUCTGPQVQDUVTWEVGFD[FKTVQTRCKPV
Ő #KTQWVNGVXCNXGCPFCKTPGVKGRKRGUEQWRNKPIUOCPKHQNFUXCNXGUJQUGUGVECTGKPIQQF
TGRCKTHTGGQHYGCTQTCDWUG
 +HYCTOEQQNKPICKTHTQOEQORTGUUQTUKUWUGFKPCKTJGCVKPIU[UVGOUGIVQYCTOWRCYQTMTQQO
VCMGRTGECWVKQPUCICKPUVCKTRQNNWVKQPCPFRQUUKDNGEQPVCOKPCVKQPQHVJGDTGCVJKPICKT
 &QPQVTGOQXGCP[QHQTVCORGTYKVJVJGUQWPFFCORKPIOCVGTKCN
 0GXGTTGOQXGQTVCORGTYKVJVJGUCHGV[FGXKEGUIWCTFUQTKPUWNCVKQPUHKVVGFQPVJGOCEJKPG'XGT[
RTGUUWTGXGUUGNQTCWZKNKCT[KPUVCNNGFQWVUKFGVJGOCEJKPGVQEQPVCKPCKTCDQXGCVOQURJGTKERTGUUWTG
UJCNNDGRTQVGEVGFD[CRTGUUWTGTGNKGXKPIFGXKEGQTFGXKEGUCUTGSWKTGF

#NUQEQPUWNVHQNNQYKPIUCHGV[RTGECWVKQPU5CHGV[RTGECWVKQPUFWTKPIKPUVCNNCVKQPCPF
5CHGV[RTGECWVKQPUFWTKPIOCKPVGPCPEG
6JGUGRTGECWVKQPUCRRN[VQOCEJKPGT[RTQEGUUKPIQTEQPUWOKPICKTQTKPGTVICU
2TQEGUUKPIQHCP[QVJGTICUTGSWKTGUCFFKVKQPCNUCHGV[RTGECWVKQPUV[RKECNVQVJG
CRRNKECVKQPYJKEJCTGPQVKPENWFGFJGTGKP
5QOGRTGECWVKQPUCTGIGPGTCNCPFEQXGTUGXGTCNOCEJKPGV[RGUCPFGSWKROGPVJGPEG
UQOGUVCVGOGPVUOC[PQVCRRN[VQ[QWTOCEJKPG

 5CHGV[RTGECWVKQPUFWTKPIOCKPVGPCPEGQTTGRCKT

#NNTGURQPUKDKNKV[HQTCP[FCOCIGQTKPLWT[TGUWNVKPIHTQOPGINGEVKPIVJGUG
RTGECWVKQPUQTPQPQDUGTXCPEGQHVJGPQTOCNECWVKQPCPFECTGTGSWKTGFHQT
KPUVCNNCVKQPQRGTCVKQPOCKPVGPCPEGCPFTGRCKTGXGPKHPQVGZRTGUUN[
UVCVGFYKNNDGFKUENCKOGFD[VJGOCPWHCEVWTGT

)GPGTCNRTGECWVKQPU
 6JGQRGTCVQTOWUVGORNQ[UCHGYQTMKPIRTCEVKEGUCPFQDUGTXGCNNTGNCVGFNQECNYQTMUCHGV[
TGSWKTGOGPVUCPFTGIWNCVKQPU


+PUVTWEVKQPOCPWCN

 +HCP[QHVJGHQNNQYKPIUVCVGOGPVUFQGUPQVEQORN[YKVJNQECNNGIKUNCVKQPVJGUVTKEVGTQHVJGVYQ
UJCNNCRRN[
 +PUVCNNCVKQPQRGTCVKQPOCKPVGPCPEGCPFTGRCKTYQTMOWUVQPN[DGRGTHQTOGFD[CWVJQTKUGFVTCKPGF
URGEKCNKUGFRGTUQPPGN
 6JGEQORTGUUQTKUPQVEQPUKFGTGFECRCDNGQHRTQFWEKPICKTQHDTGCVJKPISWCNKV[(QTCKTQHDTGCVJKPI
SWCNKV[VJGEQORTGUUGFCKTOWUVDGCFGSWCVGN[RWTKHKGFCEEQTFKPIVQNQECNNGIKUNCVKQPCPF
UVCPFCTFU
 $GHQTGCP[OCKPVGPCPEGTGRCKTYQTMCFLWUVOGPVQTCP[QVJGTPQPTQWVKPGEJGEMUUVQRVJG
EQORTGUUQTRTGUUVJGGOGTIGPE[UVQRDWVVQPUYKVEJQHHVJGXQNVCIGCPFFGRTGUUWTKUGVJG
EQORTGUUQT+PCFFKVKQPVJGRQYGTKUQNCVKPIUYKVEJOWUVDGQRGPGFCPFNQEMGF
 0GXGTRNC[YKVJEQORTGUUGFCKT&QPQVCRRN[VJGCKTVQ[QWTUMKPQTFKTGEVCPCKTUVTGCOCVRGQRNG
0GXGTWUGVJGCKTVQENGCPFKTVHTQO[QWTENQVJGU9JGPWUKPIVJGCKTVQENGCPGSWKROGPVFQUQYKVJ
GZVTGOGECWVKQPCPFYGCTG[GRTQVGEVKQP

2TGECWVKQPUFWTKPIOCKPVGPCPEGQTTGRCKT
 #NYC[UYGCTUCHGV[INCUUGU
 7UGQPN[VJGEQTTGEVVQQNUHQTOCKPVGPCPEGCPFTGRCKTYQTM
 7UGQPN[IGPWKPGURCTGRCTVU
 #NNOCKPVGPCPEGYQTMUJCNNQPN[DGWPFGTVCMGPYJGPVJGOCEJKPGJCUEQQNGFFQYP
 #YCTPKPIUKIPDGCTKPICNGIGPFUWEJCUYQTMKPRTQITGUUFQPQVUVCTVUJCNNDGCVVCEJGFVQVJG
UVCTVKPIGSWKROGPV
 2GTUQPUUYKVEJKPIQPTGOQVGN[EQPVTQNNGFOCEJKPGUUJCNNVCMGCFGSWCVGRTGECWVKQPUVQGPUWTGVJCV
VJGTGKUPQQPGEJGEMKPIQTYQTMKPIQPVJGOCEJKPG6QVJKUGPFCUWKVCDNGPQVKEGUJCNNDGCHHKZGF
VQVJGTGOQVGUVCTVGSWKROGPV
 %NQUGVJGEQORTGUUQTCKTQWVNGVXCNXGDGHQTGEQPPGEVKPIQTFKUEQPPGEVKPICRKRG
 $GHQTGTGOQXKPICP[RTGUUWTK\GFEQORQPGPVGHHGEVKXGN[KUQNCVGVJGOCEJKPGHTQOCNNUQWTEGUQH
RTGUUWTGCPFTGNKGXGVJGGPVKTGU[UVGOQHRTGUUWTG
 0GXGTWUGHNCOOCDNGUQNXGPVUQTECTDQPVGVTCEJNQTKFGHQTENGCPKPIRCTVU6CMGUCHGV[RTGECWVKQPU
CICKPUVVQZKEXCRQWTUQHENGCPKPINKSWKFU
 5ETWRWNQWUN[QDUGTXGENGCPNKPGUUFWTKPIOCKPVGPCPEGCPFTGRCKT-GGRFKTVCYC[D[EQXGTKPIVJG
RCTVUCPFGZRQUGFQRGPKPIUYKVJCENGCPENQVJRCRGTQTVCRG
 0GXGTYGNFQTRGTHQTOCP[QRGTCVKQPKPXQNXKPIJGCVPGCTVJGQKNU[UVGO1KNVCPMUOWUVDG
EQORNGVGN[RWTIGFGID[UVGCOENGCPKPIDGHQTGECTT[KPIQWVUWEJQRGTCVKQPU0GXGTYGNFQPQT
KPCP[YC[OQFKH[RTGUUWTGXGUUGNU
 9JGPGXGTVJGTGKUCPKPFKECVKQPQTCP[UWURKEKQPVJCVCPKPVGTPCNRCTVQHCOCEJKPGKUQXGTJGCVGF
VJGOCEJKPGUJCNNDGUVQRRGFDWVPQKPURGEVKQPEQXGTUUJCNNDGQRGPGFDGHQTGUWHHKEKGPVEQQNKPI
VKOGJCUGNCRUGFVJKUVQCXQKFVJGTKUMQHURQPVCPGQWUKIPKVKQPQHVJGQKNXCRQWTYJGPCKTKU
CFOKVVGF
 0GXGTWUGCNKIJVUQWTEGYKVJQRGPHNCOGHQTKPURGEVKPIVJGKPVGTKQTQHCOCEJKPGRTGUUWTGXGUUGN
GVE
 /CMGUWTGVJCVPQVQQNUNQQUGRCTVUQTTCIUCTGNGHVKPQTQPVJGOCEJKPG
 #NNTGIWNCVKPICPFUCHGV[FGXKEGUUJCNNDGOCKPVCKPGFYKVJFWGECTGVQGPUWTGVJCVVJG[HWPEVKQP
RTQRGTN[6JG[OC[PQVDGRWVQWVQHCEVKQP


+PUVTWEVKQPOCPWCN

 $GHQTGENGCTKPIVJGOCEJKPGHQTWUGCHVGTOCKPVGPCPEGQTQXGTJCWNEJGEMVJCVQRGTCVKPIRTGUUWTGU
VGORGTCVWTGUCPFVKOGUGVVKPIUCTGEQTTGEV%JGEMVJCVCNNEQPVTQNCPFUJWVFQYPFGXKEGUCTGHKVVGF
CPFVJCVVJG[HWPEVKQPEQTTGEVN[+HTGOQXGFEJGEMVJCVVJGEQWRNKPIIWCTFQHVJGEQORTGUUQTFTKXG
UJCHVJCUDGGPTGKPUVCNNGF
 'XGT[VKOGVJGUGRCTCVQTGNGOGPVKUTGPGYGFGZCOKPGVJGFKUEJCTIGRKRGCPFVJGKPUKFGQHVJGQKN
UGRCTCVQTXGUUGNHQTECTDQPFGRQUKVUKHGZEGUUKXGVJGFGRQUKVUUJQWNFDGTGOQXGF
 2TQVGEVVJGOQVQTCKTHKNVGTGNGEVTKECNCPFTGIWNCVKPIEQORQPGPVUGVEVQRTGXGPVOQKUVWTGHTQO
GPVGTKPIVJGOGIYJGPUVGCOENGCPKPI
 /CMGUWTGVJCVCNNUQWPFFCORKPIOCVGTKCNGIQPVJGDQF[YQTMCPFKPVJGCKTKPNGVCPFQWVNGV
U[UVGOUQHVJGEQORTGUUQTKUKPIQQFEQPFKVKQP+HFCOCIGFTGRNCEGKVD[IGPWKPGOCVGTKCNHTQO
VJGOCPWHCEVWTGTVQRTGXGPVVJGUQWPFRTGUUWTGNGXGNHTQOKPETGCUKPI
 0GXGTWUGECWUVKEUQNXGPVUYJKEJECPFCOCIGOCVGTKCNUQHVJGCKTPGVGIRQN[ECTDQPCVGDQYNU
 6JGHQNNQYKPIUCHGV[RTGECWVKQPUCTGUVTGUUGFYJGPJCPFNKPITGHTKIGTCPV
Ő 0GXGTKPJCNGTGHTKIGTCPVXCRQWTU%JGEMVJCVVJGYQTMKPICTGCKUCFGSWCVGN[XGPVKNCVGFKH
TGSWKTGFWUGDTGCVJKPIRTQVGEVKQP
Ő #NYC[UYGCTURGEKCNINQXGU+PECUGQHTGHTKIGTCPVEQPVCEVYKVJVJGUMKPTKPUGVJGUMKPYKVJ
YCVGT+HNKSWKFTGHTKIGTCPVEQPVCEVUVJGUMKPVJTQWIJENQVJKPIPGXGTVGCTQHHQTTGOQXGVJGNCVVGT
HNWUJCDWPFCPVN[YKVJHTGUJYCVGTQXGTVJGENQVJKPIWPVKNCNNTGHTKIGTCPVKUHNWUJGFCYC[VJGP
UGGMOGFKECNHKTUVCKF
 2TQVGEVJCPFUVQCXQKFKPLWT[HTQOJQVOCEJKPGRCTVUGIFWTKPIFTCKPKPIQHQKN

#NUQEQPUWNVHQNNQYKPIUCHGV[RTGECWVKQPU5CHGV[RTGECWVKQPUFWTKPIKPUVCNNCVKQPCPF
5CHGV[RTGECWVKQPUFWTKPIQRGTCVKQP
6JGUGRTGECWVKQPUCRRN[VQOCEJKPGT[RTQEGUUKPIQTEQPUWOKPICKTQTKPGTVICU
2TQEGUUKPIQHCP[QVJGTICUTGSWKTGUCFFKVKQPCNUCHGV[RTGECWVKQPUV[RKECNVQVJG
CRRNKECVKQPYJKEJCTGPQVKPENWFGFJGTGKP
5QOGRTGECWVKQPUCTGIGPGTCNCPFEQXGTUGXGTCNOCEJKPGV[RGUCPFGSWKROGPVJGPEG
UQOGUVCVGOGPVUOC[PQVCRRN[VQ[QWTOCEJKPG


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 )GPGTCNFGUETKRVKQP

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%QREQ'NGMVTQPKMQPs++TGIWNCVQT6JGGNGEVTQPKEEQPVTQNOQFWNGKUHKVVGFVQVJGFQQTQPVJGHTQPVUKFG#P
GNGEVTKEECDKPGVEQORTKUKPIVJGOQVQTUVCTVGTKUNQECVGFDGJKPFVJKURCPGN

)#9QTMRNCEG(WNN(GCVWTG
)#9QTMRNCEG(WNN(GCVWTGCTGGPENQUGFKPCUQWPFKPUWNCVGFDQF[YQTM6JGEQORTGUUQTUCTGEQPVTQNNGF
D[VJG#VNCU%QREQ'NGMVTQPKMQPs++TGIWNCVQT6JGGNGEVTQPKEEQPVTQNOQFWNGKUHKVVGFVQVJGFQQTQPVJG
HTQPVUKFG#PGNGEVTKEECDKPGVEQORTKUKPIVJGOQVQTUVCTVGTKUNQECVGFDGJKPFVJKURCPGN
)#85&(WNN(GCVWTG
(( CTGCFFKVKQPCNN[RTQXKFGFYKVJCPCKTFT[GT

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(TQPVXKGY)#85&6CPMOQWPVGF
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4GH 0COG
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(NQQTOQWPVGFXGTUKQPHQT)#85&
6JGEQORTGUUQTUCTGKPUVCNNGFFKTGEVN[QPVJGHNQQT


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4GH 0COG
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4GH 0COG
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16 6JGCKTHNQYUVJTQWIJOKPKOWO
RTGUUWTGXCNXG
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1P(WNN(GCVWTGEQORTGUUQTUVJGCKTHNQYUVJTQWIJCKTFT[GT
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#KTKUFKUEJCTIGFVJTQWIJQWVNGVXCNXG
#8 

 1KNU[UVGO

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# 1KN
$ %QORTGUUGFCKTQKN
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+PUVTWEVKQPOCPWCN

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u( D[RCUUXCNXG
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16 VJTQWIJQKNEQQNGT
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' CPFVJGNWDTKECVKQPRQKPVU+PVJGQKNUGRCTCVQTVCPMOQUVQHVJGQKNKUTGOQXGF
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15 

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(0 VQYCTO
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+PUVTWEVKQPOCPWCN

 %QPFGPUCVGU[UVGO

%QPFGPUCVGFTCKPU

%QPFGPUCVGFTCKPUQPC(NQQTOQWPVGFXGTUKQP

#NN(NQQTOQWPVGFXGTUKQPUCTGGSWKRRGFYKVJCEQPFGPUCVGVTCRKPVJGCKTQWVNGVU[UVGO6JGVTCRKU
GSWKRRGFYKVJCXCNXGHQTCWVQOCVKEFTCKPKPIFWTKPIQRGTCVKQP
&C CPFCOCPWCNN[QRGTCVGFXCNXG
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HQTFTCKPKPICHVGTUVQRRKPIVJGEQORTGUUQT

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CN75ICN+ORICN
EWHVVCPMKUUJQYP

#NN6CPMOQWPVGFXGTUKQPUGZEGRV6CPMOQWPVGFEQORTGUUQTUYKVJQWVQRVKQPCNFT[GTCTGGSWKRRGFYKVJ
CEQPFGPUCVGVTCRKPVJGCKTQWVNGVU[UVGO6JGVTCRKUGSWKRRGFYKVJCXCNXGHQTCWVQOCVKEFTCKPKPI
FWTKPIQRGTCVKQP
&C CPFCOCPWCNN[QRGTCVGFXCNXG
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 'NGEVTQPKEYCVGTFTCKPU
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 5WRRN[NKPG
 2KNQVXCNXG
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 5GPUQT
 %QNNGEVQT
 8CNXGUGCV
 1WVNGV


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 CPFCEEWOWNCVGUKPEQNNGEVQT
 #
ECRCEKVKXGUGPUQT
 EQPVKPWQWUN[OGCUWTGUVJGNKSWKFNGXGN
1PVJG'9&CFTCKPFGNC[VKOGTKUUVCTVGFYJGPVJGEQNNGEVQTKUHKNNGFWRVQCEGTVCKPNGXGN#UUQQP
CUVJGFGNC[VKOGJCUGZRKTGFRKNQVXCNXG
 KUCEVKXCVGFCPFFKCRJTCIO
 QRGPUQWVNGV
 FKUEJCTIKPI
VJGEQPFGPUCVG
9JGPVJGEQNNGEVQTJCUDGGPGORVKGFVJGQWVNGVENQUGUSWKEMN[YKVJQWVYCUVKPIEQORTGUUGFCKT
9JGPVJGEQPVTQNNGTTGIKUVGTUCOCNHWPEVKQPVJGTGFCNCTO.'&QPVJGEQPVTQNRCPGNQHVJG'9&UVCTVU
HNCUJKPICYCTPKPICRRGCTUQPVJGFKURNC[QHVJGTGIWNCVQTCPFVJGGNGEVTQPKEFTCKPXCNXGYKNN
CWVQOCVKECNN[EJCPIGVQVJGCNCTOOQFGQRGPKPICPFENQUKPIVJGXCNXGCEEQTFKPIVQCUGSWGPEGCU
UJQYPCDQXG6JKUEQPFKVKQPEQPVKPWGUWPVKNVJGHCWNVKUTGOGFKGF+HVJGHCWNVKUPQVTGOGFKGF
CWVQOCVKECNN[OCKPVGPCPEGKUTGSWKTGF

(WPEVKQPCNVGUVQPVJG'9&

%QPVTQNRCPGNQH'9&

$TKGHN[RTGUUVJG6'56DWVVQPCPFEJGEMVJCVVJGXCNXGQRGPUHQTEQPFGPUCVGFKUEJCTIG
%JGEMKPIVJGCNCTOUKIPCN
Ő 2TGUUCPFJQNFVJGVGUVDWVVQPHQTCVNGCUVOKPWVG
Ő %JGEMVJCVVJGCNCTO.'&HNCUJGU
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Ő 4GNGCUGVJGVGUVDWVVQP

 4GIWNCVKPIU[UVGO

&GUETKRVKQP
+HVJGEQPUWORVKQPKUNGUUVJCPVJGCKTQWVRWVQHVJGEQORTGUUQTVJGPGVRTGUUWTGKPETGCUGU9JGPVJG
PGVRTGUUWTGKUJKIJGTVJCPVJGUGVRQKPV
FGUKTGFPGVRTGUUWTG VJGTGIWNCVQTYKNNFGETGCUGVJGOQVQT
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WPNQCFVJGEQORTGUUQTHQTUGEQPFUCHVGTYJKEJVJGOQVQTKUUVQRRGF
+HVJGOQVQTKUUVQRRGFCWVQOCVKECNN[CPFVJGPGVRTGUUWTGCRRTQCEJGUVJGUGVRQKPVVJGTGIWNCVQTYKNN
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 'NGEVTKECNU[UVGO

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( (WUGU
( (WUGU
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 'NGEVTKECNFKCITCO

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4GHGTGPEG &GUKIPCVKQP

 'OGTIGPE[UVQR

 4GOQVGUVCTVUVQR

 4GOQVGNQCFWPNQCF

 4GOQVGRTGUUWTGUGPUKPI

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4GHGTGPEG &GUKIPCVKQP

 &RQH&&HKNVGT

 &RQH2&HKNVGT

 4GOQVGRTGUUWTGUGVUGNGEVKQP

 4GOQVGGOGTIGPE[UVQR

 #WZKNKCT[EQPVCEVU

 /CPWCNQRGTCVKQP

 #WVQOCVKEQRGTCVKQP

 )GPGTCNYCTPKPI

 )GPGTCNUJWVFQYP

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4GHGTGPEG %QORTGUUQT
# &T[GT
/ %QORTGUUQTOQVQT
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/ (CPOQVQTCHVGTEQQNGT
26 2TGUUWTGUGPUQTFGNKXGT[CKT
66 6GORGTCVWTGUGPUQTGNGOGPVQWVNGV
66 6GORGTCVWTGUGPUQTFGYRQKPV
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4GHGTGPEG 5VCTVGTEWDKENG
:: 6GTOKPCNUVTKRU
(( (WUGU
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- /CKPEQPVCEVQT
6 6TCPUHQTOGT
7 (TGSGPE[EQPXGTVGT
:: %QPPGEVQTU

4GHGTGPEG %QPVTQNOQFWNG
+ 5VCTVDWVVQP
- #WZKNKCT[TGNC[HCPOQVQT
- #WZKNKCT[TGNC[
- #WZKNKCT[TGNC[
- #WZKNKCT[TGNC[NQCFWPNQCF
- #WZKNKCT[TGNC[85&
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4GHGTGPEG %QPVTQNOQFWNG
- #WZKNKCT[TGNC[OCPWCNCWVQOCVKEQRGTCVKQP
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1 5VQRDWVVQP
5 'OGTIGPE[UVQRDWVVQP

4GHGTGPEG 1RVKQPCNGSWKROGPV
$ 'NGEVTQPKE9CVGT&TCKP
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2&5 &RUYKVEJHQTKPVGITCVGF&&HKNVGT
2&5 &RUYKVEJHQTKPVGITCVGF2&HKNVGT
5 /CKPRQYGTKUQNCVKPIUYKVEJ

 #KTFT[GT

(NQYFKCITCO

4GHGTGPEG 0COG
# 4GHTKIGTCPVICU
$ 4GHTKIGTCPVNKSWKF
% %QPFGPUCVG
#+ #KTKPNGV
#1 #KTQWVNGV
 #KTCKTJGCVGZEJCPIGT
 #KTTGHTKIGTCPVJGCVGZEJCPIGTGXCRQTCVQT
 %QPFGPUCVGUGRCTCVQT
 %QPFGPUCVGQWVNGV
 4GHTKIGTCPVEQORTGUUQT
 4GHTKIGTCPVEQPFGPUGT


+PUVTWEVKQPOCPWCN

4GHGTGPEG 0COG
 .KSWKFTGHTKIGTCPVFT[GTHKNVGT
 %CRKNNCT[VWDG
 *QVICUD[RCUUXCNXG
 %QPFGPUGTEQQNKPIHCP
 2TGUUWTGUYKVEJHCPEQPVTQN

%QORTGUUGFCKTEKTEWKV
%QORTGUUGFCKTGPVGTUJGCVGZEJCPIGT
 CPFKUEQQNGFD[VJGQWVIQKPIEQNFFTKGFCKT9CVGTKPVJG
KPEQOKPICKTUVCTVUVQEQPFGPUG6JGCKTVJGPHNQYUVJTQWIJJGCVGZEJCPIGTGXCRQTCVQT
 YJGTGVJG
TGHTKIGTCPVGXCRQTCVGUECWUKPIVJGCKTVQDGEQQNGFHWTVJGTVQENQUGVQVJGGXCRQTCVKPIVGORGTCVWTGQHVJG
TGHTKIGTCPV/QTGYCVGTKPVJGCKTEQPFGPUGU6JGEQNFCKTVJGPHNQYUVJTQWIJUGRCTCVQT
 YJGTGCNNVJG
EQPFGPUCVGKUUGRCTCVGFHTQOVJGCKT6JGEQPFGPUCVGKUCWVQOCVKECNN[FTCKPGFVJTQWIJQWVNGV
 
6JGEQNFFTKGFCKTHNQYUVJTQWIJJGCVGZEJCPIGT
 YJGTGKVKUYCTOGFWRD[VJGKPEQOKPICKT

4GHTKIGTCPVEKTEWKV
%QORTGUUQT
 FGNKXGTUJQVJKIJRTGUUWTGTGHTKIGTCPVICUYJKEJHNQYUVJTQWIJEQPFGPUGT
 YJGTG
OQUVQHVJGTGHTKIGTCPVEQPFGPUGU
6JGNKSWKFHNQYUVJTQWIJNKSWKFTGHTKIGTCPVFT[GTHKNVGT
 VQECRKNNCT[VWDG
 6JGTGHTKIGTCPVNGCXGUVJG
ECRKNNCT[VWDGCVGXCRQTCVKPIRTGUUWTG
6JGTGHTKIGTCPVGPVGTUGXCRQTCVQT
 YJGTGKVYKVJFTCYUJGCVHTQOVJGEQORTGUUGFCKTD[HWTVJGT
GXCRQTCVKQPCVEQPUVCPVRTGUUWTG6JGJGCVGFTGHTKIGTCPVNGCXGUVJGGXCRQTCVQTCPFKUUWEMGFKPD[VJG
EQORTGUUQT
 
$[RCUUXCNXG
 TGIWNCVGUVJGTGHTKIGTCPVHNQY(CP
 KUUYKVEJGFQPQTQHHD[UYKVEJ
 FGRGPFKPI
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 'NGMVTQPKMQP++TGIWNCVQT

 'NGMVTQPKMQPs++TGIWNCVQT

%QPVTQNRCPGN

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Ő $[OCVEJKPIVJGEQORTGUUQTQWVRWVVQVJGCKTEQPUWORVKQP
Ő $[UVQRRKPIVJGEQORTGUUQTYJGPGXGTPGEGUUCT[
Ő $[TGUVCTVKPIVJGEQORTGUUQTYJGPTGSWKTGF
Ő #WVQOCVKETGUVCTVCHVGTXQNVCIGHCKNWTG
OCFGKPCEVKXG
+PIGPGTCNVJG'NGMVTQPKMQPTGIWNCVQTJCUHQNNQYKPIHWPEVKQPU
Ő %QPVTQNNKPIVJGEQORTGUUQT
Ő 2TQVGEVKPIVJGEQORTGUUQT
Ő /QPKVQTKPIEQORQPGPVUUWDLGEVVQUGTXKEG
Ő #WVQOCVKETGUVCTVCHVGTXQNVCIGHCKNWTG
OCFGKPCEVKXG

%QPVTQNNKPIVJGEQORTGUUQT
6JGTGIWNCVQTOCVEJGUVJGCKTQWVRWVQHVJGEQORTGUUQTVQVJGCKTEQPUWORVKQPD[URGGFTGIWNCVKQPQH
VJGOQVQT6JGTGIWNCVQTVCMGUKPVQCEEQWPVCPWODGTQHRTQITCOOCDNGUGVVKPIUGI
Ő 0GVRTGUUWTGUGVRQKPV
Ő +PFKTGEVUVQRQHHUGV
Ő &KTGEVUVQRQHHUGV
Ő 2TQRQTVKQPCNDCPF
Ő +PVGITCVKQPVKOG
Ő /KPKOWOURGGF
Ő /KPKOWOUVQRVKOG
Ő /CZKOWOURGGFNKOKV
Ő 2QYGTTGEQXGT[VKOG
KHCEVKXCVGF


+PUVTWEVKQPOCPWCN

6JGTGIWNCVQTUVQRUVJGEQORTGUUQTYJGPGXGTPGEGUUC[
Ő +PFKTGEVUVQRKGVJGEQORTGUUQTTWPUCVOKPKOWOURGGFCPFVJGPGVRTGUUWTGTKUGUVQVJGKPFKTGEV
UVQRNGXGN5GGUGEVKQP2TQITCOOCDNGUGVVKPIU
Ő &KTGEVUVQRKGVJGEQORTGUUQTTWPUCVCURGGFDGVYGGPOKPKOWOCPFOCZKOWOCPFVJGPGV
RTGUUWTGTKUGUCDQXGVJGFKTGEVUVQRUGVRQKPV5GGUGEVKQP2TQITCOOCDNGUGVVKPIU

#PWODGTQHVKOGDCUGFCWVQOCVKEUVCTVUVQREQOOCPFUOC[DGRTQITCOOGF6CMG
KPVQCEEQWPVVJCVCUVCTVEQOOCPFYKNNDGGZGEWVGF
KHRTQITCOOGFCPFCEVKXCVGF 
GXGPCHVGTOCPWCNN[UVQRRKPIVJGEQORTGUUQT

2TQVGEVKPIVJGEQORTGUUQT
5JWVFQYP
+HVJGEQORTGUUQTGNGOGPVQWVNGVVGORGTCVWTGGZEGGFUVJGRTQITCOOGFUJWVFQYPNGXGNVJGEQORTGUUQT
YKNNDGUVQRRGF6JKUYKNNDGKPFKECVGFQPFKURNC[
 CPFIGPGTCNCNCTO.'&
 YKNNHNCUJ
4GOGF[VJGVTQWDNGCPFTGUGVVJGOGUUCIG5GGCNUQUGEVKQP5VCVWUFCVCOGPW

$GHQTGTGOGF[KPIEQPUWNVUGEVKQPU5CHGV[RTGECWVKQPUCPF2TQDNGOUQNXKPI

5JWVFQYPYCTPKPI
#UJWVFQYPYCTPKPINGXGNKUCRTQITCOOCDNGNGXGNDGNQYVJGUJWVFQYPNGXGN
+HVJGEQORTGUUQTGNGOGPVQWVNGVVGORGTCVWTGGZEGGFUVJGRTQITCOOGFUJWVFQYPYCTPKPINGXGNC
OGUUCIGYKNNCRRGCTQPFKURNC[
 CPFIGPGTCNCNCTO.'&
 YKNNNKIJVWRVQYCTPVJGQRGTCVQTVJCVVJG
UJWVFQYPYCTPKPINGXGNKUGZEGGFGF
6JGOGUUCIGFKUCRRGCTUCUUQQPCUVJGYCTPKPIEQPFKVKQPFKUCRRGCTU

5GTXKEGYCTPKPI
#PWODGTQHUGTXKEGQRGTCVKQPUCTGITQWRGF
ECNNGF5GTXKEGRNCPU#$% 'CEJ5GTXKEGRNCPJCUC
RTQITCOOGFVKOGKPVGTXCN+HCVKOGKPVGTXCNKUGZEGGFGFCOGUUCIGYKNNCRRGCTQPFKURNC[
 VQYCTP
VJGQRGTCVQTVQECTT[QWVVJGUGTXKEGCEVKQPUDGNQPIKPIVQVJCVRNCP

9CTPKPI
#YCTPKPIOGUUCIGCNUQCRRGCTUKH
Ő 1P(WNN(GCVWTGEQORTGUUQTUVJGFGYRQKPVVGORGTCVWTGGZEGGFUVJGYCTPKPINGXGN

#WVQOCVKETGUVCTVCHVGTXQNVCIGHCKNWTG
6JGTGIWNCVQTJCUCDWKNVKPHWPEVKQPVQCWVQOCVKECNN[TGUVCTVVJGEQORTGUUQTYJGPVJGXQNVCIGKU
TGUVQTGFCHVGTXQNVCIGHCKNWTG6JKUHWPEVKQPKUFGCEVKXCVGFKPEQORTGUUQTUNGCXKPIVJGHCEVQT[+HFGUKTGF
VJGHWPEVKQPECPDGCEVKXCVGF%QPUWNVVJG#VNCU%QREQ%WUVQOGT%GPVTG


+PUVTWEVKQPOCPWCN

+HCEVKXCVGFCPFRTQXKFGFVJGTGIWNCVQTYCUKPVJGCWVQOCVKEQRGTCVKQPOQFGVJG
EQORTGUUQTYKNNCWVQOCVKECNN[TGUVCTVKHVJGUWRRN[XQNVCIGVQVJGOQFWNGKUTGUVQTGF
YKVJKPCRTQITCOOGFVKOGRGTKQF
6JGRQYGTTGEQXGT[VKOG
VJGRGTKQFYKVJKPYJKEJVJGXQNVCIGOWUVDGTGUVQTGFVQ
JCXGCPCWVQOCVKETGUVCTV ECPDGUGVDGVYGGPCPFUGEQPFUQTVQň+PHKPKVGʼn
+HVJGRQYGTTGEQXGT[VKOGKUUGVVQň+PHKPKVGʼnVJGEQORTGUUQTYKNNCNYC[UTGUVCTV
CHVGTCXQNVCIGHCKNWTGPQOCVVGTJQYNQPIKVVCMGUVQTGUVQTGVJGXQNVCIG#TGUVCTV
FGNC[ECPCNUQDGRTQITCOOGFCNNQYKPIGIVYQEQORTGUUQTUVQDGTGUVCTVGFQPG
CHVGTVJGQVJGT

 %QPVTQNRCPGN

'NGMVTQPKMQPTGIWNCVQT

2CTVUCPFHWPEVKQPU

4GHGTGPEG &GUKIPCVKQP (WPEVKQP


 5VCTVDWVVQP $WVVQPVQUVCTVVJGEQORTGUUQT.'&
 NKIJVUWR
KPFKECVKPIVJCVVJG'NGMVTQPKMQPTGIWNCVQTKU
QRGTCVKXG
 &KURNC[ 5JQYUOGUUCIGUCDQWVVJGEQORTGUUQTQRGTCVKPI
EQPFKVKQPCUGTXKEGPGGFQTCHCWNV
 5ETQNNMG[U -G[UVQUETQNNWRYCTFUQTFQYPYCTFUVJTQWIJVJG
FKURNC[
 6CDWNCVQTMG[ -G[VQUGNGEVVJGRCTCOGVGTKPFKECVGFD[VJG
JQTK\QPVCNCTTQY1PN[VJGRCTCOGVGTUHQNNQYGFD[
CPCTTQYRQKPVKPIVQVJGTKIJVECPDGOQFKHKGF
 (WPEVKQPMG[U -G[UVQEQPVTQNCPFRTQITCOVJGEQORTGUUQT
 8QNVCIGQP.'& +PFKECVGUVJCVVJGXQNVCIGKUUYKVEJGFQP


+PUVTWEVKQPOCPWCN

4GHGTGPEG &GUKIPCVKQP (WPEVKQP


 )GPGTCNCNCTO.'& +UNKVKHCYCTPKPIUGTXKEGYCTPKPIQTUJWVFQYP
YCTPKPIEQPFKVKQPGZKUVU
 )GPGTCNCNCTO.'& (NCUJGUKHCUJWVFQYPEQPFKVKQPGZKUVUKHCP
KORQTVCPVUGPUQTKUQWVQHQTFGTQTCHVGTCP
GOGTIGPE[UVQR
 #WVQOCVKEQRGTCVKQP.'& +PFKECVGUVJCVVJGTGIWNCVQTKUCWVQOCVKECNN[
EQPVTQNNKPIVJGEQORTGUUQT
 5VQRDWVVQP $WVVQPVQUVQRVJGEQORTGUUQT.'&
 IQGUQWV
5 'OGTIGPE[UVQRDWVVQP 2WUJDWVVQPVQUVQRVJGEQORTGUUQTKOOGFKCVGN[
KPVJGGXGPVQHCPGOGTIGPE[#HVGTTGOGF[KPI
VJGVTQWDNGWPNQEMVJGDWVVQPD[RWNNKPIKVQWV

 (WPEVKQPMG[U

%QPVTQNRCPGN

(WPEVKQPMG[U
6JGMG[U
 CTGWUGF
Ő 6QECNNWRQTVQRTQITCOUGVVKPIU
Ő 6QTGUGVCOQVQTQXGTNQCFUJWVFQYPQTUGTXKEGOGUUCIGQTCPGOGTIGPE[UVQR
Ő 6QCEEGUUCNNFCVCEQNNGEVGFD[VJGTGIWNCVQT
6JGHWPEVKQPUQHVJGMG[UXCT[FGRGPFKPIQPVJGFKURNC[GFOGPW6JGCEVWCNHWPEVKQPKUKPFKECVGFLWUV
CDQXGVJGTGNGXCPVMG[6JGOQUVEQOOQPHWPEVKQPUCTGNKUVGFDGNQY

&GUKIPCVKQP (WPEVKQP
ň#FFʼn 6QCFFEQORTGUUQTUVCTVUVQREQOOCPFU
FC[JQWT
ň$CEMʼn 6QTGVWTPVQCRTGXKQWUN[UJQYPQRVKQPQTOGPW
ň%CPEʼn 6QECPEGNCRTQITCOOGFUGVVKPIYJGPRTQITCOOKPIRCTCOGVGTU
ň&GNʼn 6QFGNGVGEQORTGUUQTUVCTVUVQREQOOCPFU
ň*GNRʼn 6QHKPFVJG#VNCU%QREQ+PVGTPGVCFFTGUU
ň.KOʼn 6QUJQYNKOKVUHQTCRTQITCOOCDNGUGVVKPI
ň/CKPʼn 6QTGVWTPHTQOCOGPWVQVJGOCKPUETGGP
ň/GPWʼn 5VCTVKPIHTQOVJGOCKPUETGGPVQJCXGCEEGUUVQVJGUWDOGPWU
ň/GPWʼn 5VCTVKPIHTQOCUWDOGPWVQTGVWTPVQCRTGXKQWUOGPW


+PUVTWEVKQPOCPWCN

&GUKIPCVKQP (WPEVKQP
ň/QFʼn 6QOQFKH[RTQITCOOCDNGUGVVKPIU
ň2TQIʼn 6QRTQITCOOQFKHKGFUGVVKPIU
ň4UGVʼn 6QTGUGVCVKOGTQTOGUUCIG
ň4VTPʼn 6QTGVWTPVQCRTGXKQWUN[UJQYPQRVKQPQTOGPW
ň:VTCʼn 6QHKPFVJGOQFWNGEQPHKIWTCVKQPQHVJGTGIWNCVQT

 5ETQNNMG[U

%QPVTQNRCPGN

6JGMG[U
 CNNQYVJGQRGTCVQTVQUETQNNVJTQWIJVJGFKURNC[
#UNQPICUCFQYPYCTFURQKPVKPICTTQYKUUJQYPCVVJGHCTTKIJVRQUKVKQPQHVJGFKURNC[VJGUETQNNMG[
YKVJVJGUCOGU[ODQNECPDGWUGFVQUGGVJGPGZVKVGO
#UNQPICUCPWRYCTFURQKPVKPICTTQYKUUJQYPCVVJGHCTTKIJVRQUKVKQPQHVJGFKURNC[VJGUETQNNMG[
YKVJVJGUCOGU[ODQNECPDGWUGFVQUGGVJGRTGXKQWUKVGO

 'OGTIGPE[UVQRDWVVQP

%QPVTQNRCPGN

+PVJGGXGPVQHCPGOGTIGPE[RTGUUDWVVQP
5 VQUVQRVJGEQORTGUUQTKOOGFKCVGN[


+PUVTWEVKQPOCPWCN

$GHQTGUVCTVKPICP[OCKPVGPCPEGQTTGRCKTUYCKVWPVKNVJGEQORTGUUQTJCUUVQRRGFCPF
QRGPVJGKUQNCVKPIUYKVEJ
EWUVQOGT UKPUVCNNCVKQP VQUYKVEJQHHVJGXQNVCIGVQVJG
EQORTGUUQT
%NQUGVJGCKTQWVNGVXCNXGCPFQRGPVJGOCPWCNEQPFGPUCVGFTCKPXCNXGUVQFGRTGUUWTKUG
VJGCKTU[UVGO
#RRN[CNNTGNGXCPV5CHGV[RTGECWVKQPU

 %QPVTQNRTQITCOU

&GUETKRVKQP
+PQTFGTVQHCEKNKVCVGRTQITCOOKPICPFEQPVTQNNKPIOGPWFTKXGPEQPVTQNRTQITCOUJCXGDGGPKORNGOGPVGF
KPVJGTGIWNCVQT


+PUVTWEVKQPOCPWCN

/GPWHNQYHQT)#85&
UKORNKHKGF


+PUVTWEVKQPOCPWCN

 /CKPUETGGPOGPW

(WPEVKQP

%QPVTQNRCPGN

6JG/CKPUETGGPOGPWUJQYUVJGUVCVWUQHVJGEQORTGUUQTQRGTCVKQPCPFKUVJGICVGYC[VQCNNHWPEVKQPU
KORNGOGPVGFKPVJGTGIWNCVQT

2TQEGFWTG
6JG/CKPUETGGPKUUJQYPCWVQOCVKECNN[YJGPVJGXQNVCIGKUUYKVEJGFQP
+HVJGHWPEVKQPQTCTTQYMG[U
CPF CTGPQVWUGFHQTUQOGOKPWVGUVJGTGIWNCVQTYKNNCWVQOCVKECNN[
TGVWTPVQVJG/CKPUETGGP
9JGPGXGTFKURNC[GFQPCUWDOGPWUETGGPRTGUUVJGň/CKPʼnMG[
( VQTGVWTPVQVJG/CKPUETGGP
'ZCORNGQH/CKPUETGGP

ň%QORT1WVNGVʼn
DCT 
ňTROʼn 
ň/GPWʼn
( ( (

6JGFKURNC[KPFKECVGU
Ő 6JGPCOGQHVJGUGPUQTCPFKVUCEVWCNTGCFKPI
Ő /GUUCIGUTGICTFKPIVJGEQORTGUUQTQRGTCVKPIEQPFKVKQP
Ő ,WUVCDQXGVJGHWPEVKQPMG[U
 VJGCEVWCNHWPEVKQPUQHVJGUGMG[U


+PUVTWEVKQPOCPWCN

 %CNNKPIWROGPWU

&GUETKRVKQP

%QPVTQNRCPGN

9JGPVJGXQNVCIGKUUYKVEJGFQPVJG/CKPUETGGPKUUJQYPCWVQOCVKECNN[

ň%QORT1WVNGVʼn
DCT 
ňTROʼn 
ň/GPWʼn
( ( (

6JGCTTQYFQYPMG[
 ECPDGWUGFHQTCSWKEMNQQMCVVJGCEVWCNEQORTGUUQTUVCVWU
#HVGTRTGUUKPIVJGň/GPWʼn
( MG[VJGQRVKQPň5VCVWUFCVCʼnYKNNDGHQNNQYGFD[CJQTK\QPVCNCTTQY
Ő 'KVJGTRTGUUVJGVCDWNCVQTMG[
 VQUGNGEVVJKUOGPW
Ő 1TWUGVJGCTTQYFQYPMG[
 WPVKNVJGFGUKTGFUWDOGPWKUHQNNQYGFD[CJQTK\QPVCNCTTQYCPFVJGP
RTGUUVJGVCDWNCVQTMG[
 VQUGNGEVVJKUOGPW

 3WKEMNQQMCVVJGCEVWCNEQORTGUUQTUVCVWU

2TQEGFWTG

%QPVTQNRCPGN


+PUVTWEVKQPOCPWCN

5VCTVKPIHTQOVJG/CKPUETGGP
UGGUGEVKQP/CKPUETGGPOGPW RTGUUVJGCTTQYFQYPMG[
 #UETGGP
UKOKNCTVQVJGQPGDGNQYCRRGCTU
'ZCORNGQHVJGEQORTGUUQTUVCVWUUETGGP

ň#WVQQRGTCVKQPʼn
ň.QECNEQPVTQNʼn
ň6KOGTCEVKXGʼn
ň/CKPʼn ň*GNRʼn ň:VTCʼn
( ( (

.KPGKPFKECVGUVJGCWVQOCVKEQTOCPWCNQRGTCVKQPUVCVWUQHVJGTGIWNCVQTň#WVQQRGTCVKQPʼnOGCPUVJCV
VJGTGIWNCVQTCWVQOCVKECNN[CFCRVUVJGQRGTCVKQPQHVJGEQORTGUUQTKGOCVEJKPIVJGEQORTGUUQTQWVRWV
VQVJGCKTEQPUWORVKQP
.KPGKPFKECVGUYJGVJGTVJGTGIWNCVQTKUQRGTCVKPIKPNQECNEQPVTQNQTTGOQVGEQPVTQNOQFGň.QECN
EQPVTQNʼnOGCPUVJCVVJGUVCTVUVQRDWVVQPUQPVJGMG[DQCTFCTGCEVKXCVGFň4GOQVGEQPVTQNʼnOGCPUVJCV
VJGUGHWPEVKQPUCTGEQPVTQNNGFTGOQVGN[
.KPGKPFKECVGUYJGVJGTVJGVKOGTYJKEJIGPGTCVGUVKOGDCUGFUVCTVCPFUVQREQOOCPFUKUCEVKXCVGFQT
PQV
2TGUUVJGCTTQYFQYPMG[
 VQIGVQVJGTFCVC
CEVWCNEQPFKVKQPQHVJGEQORTGUUQT 5GGUGEVKQP
%QPVTQNRTQITCOU

 5VCVWUFCVCOGPW

9CTPKPI

$GHQTGUVCTVKPICP[OCKPVGPCPEGQTTGRCKTURTGUUVJGUVQRDWVVQP
 YCKVWPVKNVJG
EQORTGUUQTJCUUVQRRGFRTGUUVJGTGFGOGTIGPE[UVQRDWVVQPCPFQRGPVJG
KUQNCVKPIUYKVEJ
EWUVQOGT UKPUVCNNCVKQP VQUYKVEJQHHVJGXQNVCIGVQVJG
EQORTGUUQT
%NQUGVJGCKTQWVNGVXCNXGCPFFGRTGUUWTKUGVJGCKTU[UVGO

(WPEVKQP

%QPVTQNRCPGN

6JG5VCVWUFCVCUWDOGPWIKXGUKPHQTOCVKQPTGICTFKPIVJGUVCVWUQHVJGEQORTGUUQTRTQVGEVKQPHWPEVKQPU

UJWVFQYPUJWVFQYPYCTPKPIUGTXKEGYCTPKPICPFYCTPKPI CPFCNNQYUTGUGVVKPIQHCUJWVFQYP
OQVQTQXGTNQCFCPFUGTXKEGEQPFKVKQP


+PUVTWEVKQPOCPWCN

2TQEGFWTG
5VCTVKPIHTQOVJG/CKPUETGGP
UGG/CKPUETGGPOGPW 
Ő 2TGUUVJGMG[ň/GPWʼn
( VJGQRVKQPň5VCVWUFCVCʼnYKNNDGHQNNQYGFD[CJQTK\QPVCNCTTQY
Ő 2TGUUVJGVCDWNCVQTMG[
 

0QOGUUCIGGZKUVU
Ő )GPGTCNCNCTO.'&
 KUQWVCPFVJGOGUUCIGQPVJGFKURNC[YKNNKPFKECVGVJCVCNNEQPFKVKQPUCTG
PQTOCN

ň#NN%QPFKVKQPUCTG1-ʼn


ň/GPWʼn
( ( (

#UJWVFQYPOGUUCIGGZKUVU
Ő +HVJGEQORTGUUQTKUUJWVFQYP.'&
 YKNNHNCUJ
Ő +PVJGGXGPVQHCUJWVFQYPFWGVQVQQJKIJCVGORGTCVWTGCVVJGQWVNGVQHVJGEQORTGUUQTGNGOGPV

ň'NGOGPV1WVNGVʼn
u% 
ň5JFʼn ň/CZʼn 
ň/GPWʼn ʼn4UGVʼn
( ( (

Ő 6JGKPFKECVQTU
CTGHNCUJKPI6JGUETGGPUJQYUVJGCEVWCNTGCFKPI
u% VJCVVJGEQORTGUUQT
KUUJWVFQYP
ň5JFʼn CPFVJGUJWVFQYPUGVVKPI
u% 
Ő +VTGOCKPURQUUKDNGVQUETQNNVJTQWIJQVJGTOGPWUGIVQEJGEMVJGXCNWGUQHQVJGTRCTCOGVGTU
9JGPTGVWTPKPIVQVJGň5VCVWUFCVCʼnOGPWVJGQRVKQPň5JWVFQYPUʼnYKNNHNCUJ6JKUQRVKQPECPDG
UGNGEVGFD[RTGUUKPIVJGVCDWNCVQTMG[
 VQTGVWTPVQVJGCDQXGUJWVFQYPUETGGP

5JWVFQYPTGUGV
Ő 5YKVEJQHHVJGXQNVCIGCPFTGOGF[VJGVTQWDNG#HVGTTGOGF[KPICPFYJGPVJGUJWVFQYPEQPFKVKQP
JCUFKUCRRGCTGFUYKVEJQPVJGXQNVCIGCPFRTGUUVJGMG[ň4UGVʼn
( 
Ő 2TGUUVJGMG[Uň/GPWʼnCPFň/CKPʼnVQTGVWTPVQVJG/CKPUETGGPCPFTGUVCTVVJGEQORTGUUQTD[OGCPU
QHUVCTVDWVVQP
 

#UJWVFQYPYCTPKPIOGUUCIGGZKUVU
#UJWVFQYPYCTPKPINGXGNKUCRTQITCOOCDNGNGXGNDGNQYVJGUJWVFQYPNGXGN
Ő +HCUJWVFQYPYCTPKPIGZKUVU.'&
 KUNKV6JG/CKPUETGGPYKNNEJCPIGKPVQCUETGGPUKOKNCTVQVJG
QPGDGNQY


+PUVTWEVKQPOCPWCN

ň%QORT1WVNGVʼn
DCT 
ʼn5JFʼn ň9CTPʼn
ň/GPWʼn
( ( (

Ő 6JGKPFKECVQTU
CTGHNCUJKPI
Ő 2TGUUVJGMG[ň/GPWʼn
( CPFVJGVCDWNCVQTMG[
 VQUGNGEVVJGň5VCVWUFCVCʼnOGPWVJGQRVKQP
ň2TQVGEVKQPʼnKUHNCUJKPI
Ő 5ETQNNVQVJKUQRVKQPCPFUGNGEVKVD[RTGUUKPIVJGVCDWNCVQTMG[
 #UETGGPUKOKNCTVQVJGQPGDGNQY
CRRGCTU

ň'NGOGPVQWVNGVʼn
u%
ň5JFYʼn ň/CZʼn 
ň/GPWʼn 
( ( (

Ő 6JGUETGGPKPFKECVGUVJCVVJGVGORGTCVWTGCVVJGQWVNGVQHVJGEQORTGUUQTGNGOGPVGZEGGFUVJG
RTQITCOOGFUJWVFQYPYCTPKPINGXGN
Ő +HPGEGUUCT[UVQRVJGEQORTGUUQTD[OGCPUQHUVQRDWVVQP
 CPFYCKVWPVKNKVJCUUVQRRGF
Ő 5YKVEJQHHVJGXQNVCIGKPURGEVCPFTGOGF[
Ő 6JGYCTPKPIOGUUCIGYKNNFKUCRRGCTCWVQOCVKECNN[CUUQQPCUVJGYCTPKPIEQPFKVKQPFKUCRRGCTU

#UGTXKEGYCTPKPIGZKUVU
Ő .'&
 KUNKV6JG/CKPUETGGPYKNNEJCPIGKPVQCUETGGPUKOKNCTVQVJGQPGDGNQY

ň%QORT1WVNGVʼn
DCT 
ʼn5GTX4GSWKTʼn
ň/GPWʼn
( ( (

Ő 6JGKPFKECVQTU
CTGHNCUJKPICPFVJGUGTXKEGYCTPKPIOGUUCIGCRRGCTU
Ő 2TGUUVJGMG[ň/GPWʼn
( CPFVJGVCDWNCVQTMG[
 VQUGNGEVVJGň5VCVWUFCVCʼnOGPWVJGQRVKQP
ň5GTXKEGʼnKUHNCUJKPI
Ő 5ETQNNVQVJKUQRVKQPCPFUGNGEVKVD[RTGUUKPIVJGVCDWNCVQTMG[
 HQNNQYKPIQRVKQPOC[HNCUJ
Ő ň2NCPʼnKHCUGTXKEGRNCPKPVGTXCNKUGZEGGFGF
Ő 5VQRVJGEQORTGUUQTCPFUYKVEJQHHVJGXQNVCIG
Ő +HVJGUGTXKEGOGUUCIGYCUTGHGTTKPIVQň2NCPʼnECTT[QWVVJGUGTXKEGCEVKQPUTGNCVGFVQVJGKPFKECVGF
RNCPU4GUGVVJGVKOGTUQHVJGTGNCVGFRNCPU%QPVCEV[QWT#VNCU%QREQ%WUVQOGT%GPVTG5GGUGEVKQP
5GTXKEGOGPW


+PUVTWEVKQPOCPWCN

#YCTPKPIOGUUCIGGZKUVU
Ő .'&
 KUNKVCPFCYCTPKPIOGUUCIGYKNNCRRGCTQPVJGUETGGP
Ő 6JGKPFKECVQTU
CTGHNCUJKPI6JKUYCTPKPIKPFKECVGUVJCV
Ő 1P(WNN(GCVWTGEQORTGUUQTUYKVJFT[GTVJGFGYRQKPVVGORGTCVWTGGZEGGFUVJGYCTPKPINGXGN
Ő 5VQRVJGEQORTGUUQTCPFUYKVEJQHHVJGXQNVCIG+PURGEVVJGEQORTGUUQTCPFTGOGF[

 /GCUWTGFFCVCOGPW

%QPVTQNRCPGN

(WPEVKQP
6QECNNWRKPHQTOCVKQPTGICTFKPIVJGCEVWCNN[OGCUWTGFFCVCCPFVJGUVCVWUQHUQOGKPRWVUUWEJCUVJG
OQVQTQXGTNQCFRTQVGEVKQP%QPUWNVVJGOGPWHNQYKPUGEVKQP%QPVTQNRTQITCOU

2TQEGFWTG
5VCTVKPIHTQOVJG/CKPUETGGP
UGG/CKPUETGGPOGPW 
Ő 2TGUUVJGMG[ň/GPWʼn
( 
Ő 2TGUUVJGCTTQYFQYPMG[
 WPVKNň/GCUWTGFFCVCʼnKUHQNNQYGFD[CJQTK\QPVCNCTTQY
Ő #EVKXCVGVJGOGPWD[RTGUUKPIVJGVCDWNCVQTMG[
 
Ő $[RTGUUKPIVJGUETQNNMG[U
 CPWODGTQHCEVWCNN[OGCUWTGFFCVCECPDGHQWPF
Ő +HQPGQHVJGUGPUQTUKUNKPMGFVQCUJWVFQYPUGTXKEGQTYCTPKPIHWPEVKQPDQVJVJGCEVWCNN[
OGCUWTGFXCNWGCUYGNNCUVJGEQTTGURQPFKPIUJWVFQYPYCTPKPIQTUGTXKEGNGXGNECPDGECNNGFWRD[
RTGUUKPIMG[
 


+PUVTWEVKQPOCPWCN

 %QWPVGTUOGPW

%QPVTQNRCPGN

(WPEVKQP
6QECNNWR
Ő 6JGNQCFGFJQWTU
Ő 6JGPWODGTQHOQVQTUVCTVU
Ő 6JGPWODGTQHJQWTUVJGTGIWNCVQT
OQFWNG JCUDGGPWPFGTVGPUKQP
Ő 6JGCEEWOWNCVGFXQNWOG

2TQEGFWTG
5VCTVKPIHTQOVJG/CKPUETGGP
UGGUGEVKQP/CKPUETGGPOGPW 
Ő 2TGUUVJGMG[ň/GPWʼn
( 
Ő 2TGUUVJGCTTQYFQYPMG[
 WPVKNň%QWPVGTUʼnKUHQNNQYGFD[CJQTK\QPVCNCTTQY
Ő 2TGUUVJGVCDWNCVQTMG[
 VQCEVKXCVGVJGOGPW
Ő $[RTGUUKPIVJGCTTQYMG[
 VJGCDQXGOGPVKQPGFFCVCECPDGHQWPF

%CNNKPIWRVJGCEEWOWNCVGFXQNWOG

ň#EEWOWNCVGFXQNʼn
ňOʼn 

ň/GPWʼn ň/QFʼn
( ( (

Ő %QPUWNVVJG2TQEGFWTGCDQXGVQUGNGEVň#EEWOWNCVGFXQNʼn
Ő +PVJGGZCORNGCDQXGVJGFKURNC[KPFKECVGUVJCVVJGEQORTGUUQTJCUFGNKXGTGFZO
+HKVUJQWNFDGTGSWKTGFVQOQFKH[VJGXCNWGQHVJGKPFKECVGFVKOGTEQPUWNV#VNCU%QREQ


+PUVTWEVKQPOCPWCN

 6GUVOGPW

%QPVTQNRCPGN

(WPEVKQP
6QECTT[QWVCFKURNC[VGUVKGVQEJGEMYJGVJGTVJGFKURNC[CPF.'&UCTGUVKNNKPVCEV
(QTEQORTGUUQTUYKVJ'9&
'NGEVTQPKE9CVGT&TCKPU VQVGUVVJG'9&
6QTWPVJGTGITGCUKPIRTQITCO

2TQEGFWTG
5VCTVKPIHTQOVJG/CKPUETGGP
UGG/CKPUETGGPOGPW 
Ő 2TGUUVJGMG[ň/GPWʼn
( 
Ő 2TGUUCTTQYFQYPMG[
 WPVKNň6GUVʼnKUHQNNQYGFD[CJQTK\QPVCNCTTQY
Ő #EVKXCVGVJGOGPWD[RTGUUKPIVJGMG[
 
Ő 6JGQRVKQPň&KURNC[VGUVʼnYKNNDGHQNNQYGFD[CJQTK\QPVCNCTTQY
Ő 6QVGUVVJGFKURNC[RTGUUVJGMG[
 &WTKPIVGUVKPIVJGTGIWNCVQTYKNNIGPGTCVGCUGTKGUQHRCVVGTPU
QPVJGFKURNC[YJKEJGPCDNGVJGQRGTCVQTVQEJGEMVJCVGCEJRKZGNUVKNNHWPEVKQPUPQTOCNN[CVVJGUCOG
VKOGVJG.'&UCTGNKV
6QVGUVVJG'NGEVTQPKE9CVGT&TCKPURTGUUVJGCTTQYFQYPMG[WPVKNVJGQRVKQPň'NGEVTQP&TCKPʼnKU
HQNNQYGFD[CJQTK\QPVCNCTTQY
Ő 2TGUUVJGVCDWNCVQTMG[
 VQCEVKXCVGVJGOGPW
Ő 2TGUUVJGMG[ň5VTVʼn%JGEMVJCVVJGXCNXGQRGPUHQTEQPFGPUCVGFKUEJCTIG4GNGCUGVJGň5VTVʼnMG[
CHVGTVGUVKPI
Ő 2TGUUVJGMG[ň$CEMʼnVQTGVWTPVQVJGRTGXKQWUOGPW
Ő 2TGUUVJGMG[ň/GPWʼn
( VQTGVWTPVQVJGUWDOGPW
6QTWPVJGTGITGCUKPIRTQITCORTGUUVJGCTTQYFQYPMG[WPVKNVJGQRVKQPň4GITGCUKPIʼnKUHQNNQYGFD[C
JQTK\QPVCNCTTQY6JGEQORTGUUQTYKNNTWPHQTCRTQITCOOGFVKOGKPVGTXCNCVCRTQITCOOGFURGGF#HVGT
ECTT[KPIQWVCNNUGTXKEGCEVKQPUKPVJGTGNGXCPVň5GTXKEG2NCPʼnTGUGVVJGUGTXKEGYCTPKPIUGGUGEVKQP
5GTXKEGOGPW


+PUVTWEVKQPOCPWCN

 /QFKH[RCTCOGVGTUOGPW

(WPEVKQP
6QOQFKH[CPWODGTQHRTQITCOOCDNGUGVVKPIU
Ő %QORTGUUQTOQVQTUGVVKPIU
UGGUGEVKQP/QFKH[KPIEQORTGUUQTCPFOQVQTUGVVKPIU 
Ő 2CTCOGVGTU
UGGUGEVKQP/QFKH[KPIRCTCOGVGTU 
Ő 2TQVGEVKQPU
UGGUGEVKQP/QFKH[KPIRTQVGEVKQPU 
Ő 5GTXKEGRNCPUGVVKPIU
UGGUGEVKQP/QFKH[KPIUGTXKEGRNCPUGVVKPIU 
Ő %NQEMHWPEVKQPUGVVKPIU
UGGUGEVKQP/QFKH[KPIENQEMHWPEVKQPUGVVKPIU 
Ő %QPHKIWTCVKQPUGVVKPIU
UGGUGEVKQP/QFKH[KPIEQPHKIWTCVKQPUGVVKPIU 

 /QFKH[KPIEQORTGUUQTOQVQTUGVVKPIU

%QPVTQNRCPGN

(WPEVKQP
6QOQFKH[CPWODGTQHUGVVKPIU%QPUWNVVJGOGPWHNQYKPUGEVKQP%QPVTQNRTQITCOU

2TQEGFWTG
5VCTVKPIHTQOVJG/CKPUETGGP
UGGUGEVKQP/CKPUETGGPOGPW 
Ő 2TGUUVJGMG[ň/GPWʼn
( 
Ő 2TGUUVJGCTTQYFQYPMG[
 WPVKNň/QFKH[2CTCOUʼnKUHQNNQYGFD[CJQTK\QPVCNCTTQY
Ő #EVKXCVGVJGOGPWD[RTGUUKPIVJGVCDWNCVQTMG[
 
Ő 6JGHKTUVKVGOň%QORT/QVQTʼnYKNNDGHQNNQYGFD[CJQTK\QPVCNCTTQY
Ő 2TGUUVJGVCDWNCVQTMG[
 VJGHKTUVKVGOň5GVRQKPVʼnCPFKVUUGVVKPIYKNNCRRGCT
Ő 2TGUUVJGCTTQYFQYPMG[
 WPVKNVJGRCTCOGVGTVQDGOQFKHKGFKUHQNNQYGFD[CJQTK\QPVCNCTTQY

/QFKH[KPIVJGPGVRTGUUWTGUGVRQKPVU
+HFGUKTGFVJGQRGTCVQTECPRTQITCOVYQUGVRQKPVU
ň5GVRQKPVʼnCPFň5GVRQKPVʼn 
Ő %QPUWNVVJGUVGRUCDQXGVQUGNGEVň5GVRQKPVʼn


+PUVTWEVKQPOCPWCN

ň5GVRQKPVʼn
DCT 

ň/GPWʼn ň/QFʼn
( ( (

Ő 6JGUETGGPUJQYUVJCVVJGEWTTGPVUGVVKPIKUDCT
G 6QOQFKH[VJKUUGVVKPIRTGUUVJGMG[ň/QFʼn

( VJGUGVVKPIYKNNHNCUJ
Ő 6JGMG[ň.KOʼn
( ECPDGWUGFVQHKPFQWVVJGNKOKVCVKQPUHQTVJGRCTCOGVGT
Ő 7UGVJGUETQNNMG[U
 VQEJCPIGVJGUGVVKPI
Ő 2TGUUVJGMG[ň2TQIʼn
( VQRTQITCOVJGPGYXCNWGQTVJGMG[ň%CPEʼn
( VQECPEGNVJGOQFKHKECVKQP
QRGTCVKQP
Ő 6JGRTQEGFWTGVQOQFKH[ň5GVRQKPVʼnKUUKOKNCT

6JGTGIWNCVQTYKNNPQVCEEGRVPGYXCNWGUDG[QPFVJGNKOKVU2TGUUVJGMG[ň.KOʼnVQ
EJGEMVJGNKOKVCVKQPUHQTVJGRCTCOGVGT%QPUWNVUGEVKQP2TQITCOOCDNGUGVVKPIUHQTVJG
OQUVKORQTVCPVUGVVKPIU

 /QFKH[KPIRCTCOGVGTU

%QPVTQNRCPGN

(WPEVKQP
6QOQFKH[CPWODGTQHRCTCOGVGTU%QPUWNVVJGOGPWHNQYKPUGEVKQP%QPVTQNRTQITCOU

2TQEGFWTG
5VCTVKPIHTQOVJG/CKPUETGGP
UGG/CKPUETGGPOGPW 
Ő 2TGUUVJGMG[ň/GPWʼn
( 
Ő 2TGUUVJGCTTQYFQYPMG[
 WPVKNň/QFKH[2CTCOUʼnKUHQNNQYGFD[CJQTK\QPVCNCTTQY
Ő #EVKXCVGVJGOGPWD[RTGUUKPIVJGVCDWNCVQTMG[
 
Ő 2TGUUVJGCTTQYFQYPMG[
 VJGHKTUVKVGOň(CP/QV5V&C[ʼnCPFKVUUGVVKPIYKNNCRRGCT


+PUVTWEVKQPOCPWCN

Ő 6QOQFKH[VJKUUGVVKPIRTGUUVJGMG[ň/QFʼn
( VJGUGVVKPIYKNNHNCUJ7UGVJGCTTQYFQYPMG[QT
VJGCTTQYWRMG[
 VQEJCPIGVJGXCNWG2TGUUVJGMG[ň2TQIʼn
( VQRTQITCOVJGPGYUGVVKPIQTVJG
MG[ň%CPEʼn
( VQECPEGNVJGQRGTCVKQP
Ő 6JGRTQEGFWTGVQOQFKH[QVJGTRCTCOGVGTUKUUKOKNCT

ň(CP/QV5V&C[ʼn


ň/GPWʼn ň/QFʼn
( ( (

6JGTGIWNCVQTYKNNPQVCEEGRVPGYXCNWGUDG[QPFVJGNKOKVU2TGUUVJGMG[ň.KOʼnVQ
EJGEMVJGNKOKVCVKQPUHQTVJGRCTCOGVGT%QPUWNVUGEVKQP2TQITCOOCDNGUGVVKPIUHQTVJG
OQUVKORQTVCPVUGVVKPIU

 /QFKH[KPIRTQVGEVKQPUGVVKPIU

%QPVTQNRCPGN

(WPEVKQP
6QOQFKH[RTQVGEVKQPUGVVKPIU
Ő 5JWVFQYP
ň5JFʼn GIHQTVJGEQORTGUUQTGNGOGPVQWVNGVVGORGTCVWTG
Ő 5JWVFQYPYCTPKPI
ň5JFYʼn GIHQTVJGEQORTGUUQTGNGOGPVQWVNGVVGORGTCVWTG
6QEJGEMXCTKQWUEQORTGUUQTEQPFKVKQPUGIVJGUVCVWUQHVJGHCPOQVQTQXGTNQCFEQPVCEVU
5QOGRCTCOGVGTUECPPQVDGOQFKHKGF

2TQEGFWTG
5VCTVKPIHTQOVJG/CKPUETGGP
UGGUGEVKQP/CKPUETGGPOGPW 
Ő 2TGUUVJGň/GPWʼnMG[
( 
Ő 2TGUUVJGCTTQYFQYPMG[
 WPVKNVJGQRVKQPň/QFKH[2CTCOUʼnKUHQNNQYGFD[CJQTK\QPVCNCTTQY
Ő #EVKXCVGVJGOGPWD[RTGUUKPIVJGVCDWNCVQTMG[
 
Ő 2TGUUVJGCTTQYFQYPMG[
 WPVKNVJGQRVKQPň2TQVGEVKQPUʼnKUHQNNQYGFD[CJQTK\QPVCNCTTQY


+PUVTWEVKQPOCPWCN

Ő 2TGUUVJGVCDWNCVQTMG[
 VJGHKTUVKVGOCPFKVUXCNWGYKNNCRRGCT
Ő 2TGUUVJGCTTQYFQYPMG[
 WPVKNVJGKVGOVQDGOQFKHKGFKUHQNNQYGFD[CJQTK\QPVCNCTTQYCPF
RTGUUVJGVCDWNCVQTMG[
 

/QFKH[KPIUGVVKPIUHQTVJGEQORTGUUQTGNGOGPVVGORGTCVWTG
Ő %QPUWNVVJGUGEVKQP2TQEGFWTGVQUGNGEVVJGRCTCOGVGTň'NGOGPVQWVNGVʼn'ZCORNG

ň'NGOGPVQWVNGVʼn
u% 
ň5JFʼnň/CZʼn 
ň/GPWʼn ň/QFʼn
( ( (

Ő 6JGUETGGPUJQYUVJGEWTTGPVVGORGTCVWTG
u% CPFVJGUJWVFQYPUGVVKPI
u% 6QOQFKH[
VJGUGVVKPIRTGUUVJGň/QFʼnMG[
( VJGUGVVKPIYKNNHNCUJ
Ő 6JGň.KOʼnMG[
( ECPDGWUGFVQHKPFQWVVJGNKOKVUHQTVJGRCTCOGVGT
Ő 7UGVJGUETQNNMG[U
 VQEJCPIGVJGUGVVKPI
Ő 2TGUUň2TQIʼnMG[
( VQRTQITCOVJGPGYXCNWGQTň%CPEʼn
( VQECPEGNVJGOQFKHKECVKQPQRGTCVKQP
Ő 6JGUETGGPCNUQUJQYUCJQTK\QPVCNCTTQYKPFKECVKPIVJCVVJGUJWVFQYPYCTPKPIXCNWGECPDG
OQFKHKGF
VJGRTQEGFWTGKUUKOKNCTVQVJGFGUETKRVKQPCDQXG 
Ő 6JGRTQEGFWTGVQOQFKH[QVJGTKVGOUKUUKOKNCT(QTUQOGUGVVKPIUCFGNC[ECPDGRTQITCOOGF

6JGTGIWNCVQTYKNNPQVCEEGRVPGYXCNWGUDG[QPFVJGNKOKVU2TGUUVJGMG[ň.KOʼnVQ
EJGEMVJGNKOKVUHQTVJGRCTCOGVGT%QPUWNV2TQITCOOCDNGUGVVKPIUHQTVJGOQUV
KORQTVCPVUGVVKPIU

 /QFKH[KPIUGTXKEGRNCPU

%QPVTQNRCPGN

(WPEVKQP
6QOQFKH[VJGJQWTKPVGTXCNUHQTVJGUGTXKEGNGXGNU


+PUVTWEVKQPOCPWCN

5GTXKEGRNCPU
6JGUGTXKEGCEVKQPUVQDGECTTKGFQWVCTGITQWRGFKPRNCPUECNNGF5GTXKEGNGXGN#$%QT&9JGP
TGCEJKPICPKPVGTXCNCOGUUCIGYKNNCRRGCTQPVJGUETGGPKPFKECVKPIYJKEJ5GTXKEGRNCPUCTGVQDG
ECTTKGFQWV

#NYC[UEQPUWNV[QWT#VNCU%QREQ%WUVQOGT%GPVTGKHCP[VKOGTUJQWNFDGEJCPIGF6JG
KPVGTXCNUOWUVPQVGZEGGFVJGKPVGTXCNUDGNQYCPFOWUVEQKPEKFGNQIKECNN[

2TQITCOOGFUGTXKEGRNCPKPVGTXCNU
V[RKECNGZCORNG

5GTXKEGRNCPU +PVGTXCNU
5GTXKEGRNCP# 'CEJTWPPKPIJQWTU
5GTXKEGRNCP$ 'CEJTWPPKPIJQWTU
5GTXKEGRNCP% 'CEJTWPPKPIJQWTU
5GTXKEGRNCP& 'CEJTWPPKPIJQWTU

6JGTGIWNCVQTYKNNPQVCEEGRVPGYXCNWGUDG[QPFVJGNKOKVU2TGUUVJGMG[ň.KOʼnVQ
EJGEMVJGNKOKVUHQTVJGRCTCOGVGT%QPUWNV2TQITCOOCDNGUGVVKPIUHQTVJGOQUV
KORQTVCPVUGVVKPIU

4GUWNVKPIUGTXKEGCEVKQPUVQDGECTTKGFQWV

5GTXKEGCEVKQPUCEEQTFKPIVQ #V
5GTXKEGRNCP#CPF$ TWPPKPIJQWTU
5GTXKEGRNCP#$CPF% TWPPKPIJQWTU
5GTXKEGRNCP#CPF$ TWPPKPIJQWTU
5GTXKEGRNCP#$CPF% TWPPKPIJQWTU
5GTXKEGRNCP#$%CPF& TWPPKPIJQWTU
 

2TQEGFWTG
5VCTVKPIHTQOVJG/CKPUETGGP
UGG/CKPUETGGPOGPW 
Ő 2TGUUVJGň/GPWʼnMG[
( 
Ő 2TGUUVJGCTTQYFQYPMG[
 WPVKNň/QFKH[2CTCOUʼnKUHQNNQYGFD[CJQTK\QPVCNCTTQY
Ő #EVKXCVGVJGOGPWD[RTGUUKPIVJGVCDWNCVQTMG[
 
Ő 2TGUUVJGCTTQYFQYPMG[
 WPVKNň5GTXKEG2NCPʼnKUHQNNQYGFD[CJQTK\QPVCNCTTQY
Ő 2TGUUVJGVCDWNCVQTMG[
 CUETGGPUKOKNCTVQVJGQPGDGNQYYKNNCRRGCT


+PUVTWEVKQPOCPWCN

ň5GTXKEG6KOGTʼn
ň4WPPKPI*QWTUʼn
ňJTUʼn 
ň/GPWʼn
( ( (

Ő 6JGUETGGPUJQYUVJGCEVWCNTWPPKPIJQWTU
Ő 2TGUUVJGVCDWNCVQTMG[
 CUETGGPUKOKNCTVQVJGQPGDGNQYYKNNCRRGCT

ň5GTXKEG6KOGTʼn
ň.GXGN#ʼn
ňJTUʼn 
ň/GPWʼn ň/QFʼn
( ( (

Ő 6JGUETGGPKPFKECVGUVJCVVJGNGXGNHQTň5GTXKEG2NCPʼn#KUUGVCVTWPPKPIJQWTU
Ő 2TGUUVJGň/QFʼnMG[
( 6JGMG[ň.KOʼn
( ECPDGWUGFVQHKPFQWVVJGNKOKVCVKQPUHQTVJG
RCTCOGVGT7UGVJGCTTQYWRCPFCTTQYFQYPMG[UVQOQFKH[VJGKPVGTXCN
Ő 2TGUUVJGň2TQIʼnMG[
( VQRTQITCOVJGPGYUGVVKPIQTVJGň%CPEʼnMG[
( VQECPEGNVJG
OQFKHKECVKQPQRGTCVKQP
Ő 6JGRTQEGFWTGVQOQFKH[VJG5GTXKEGRNCPU$%CPF&KUUKOKNCT

 2TQITCOOKPIENQEMHWPEVKQP

%QPVTQNRCPGN

(WPEVKQP
6QRTQITCO
Ő 6KOGDCUGFUVCTVUVQREQOOCPFUHQTVJGEQORTGUUQT
Ő 6KOGDCUGFEJCPIGQXGTEQOOCPFUHQTVJGPGVRTGUUWTGDCPF

2TQITCOOKPIUVCTVUVQRCPFRTGUUWTGDCPFEQOOCPFU
+PVJKUGZCORNGVJGEQORTGUUQTYKNNDGRTQITCOOGFCUHQNNQYU
Ő 1P/QPFC[CVUVCTVKPIKPň2TGUU$CPFʼn


+PUVTWEVKQPOCPWCN

Ő 1P(TKFC[CVEJCPIKPIQXGTVQň2TGUU$CPFʼn
Ő 1P5CVWTFC[CVUVQRRKPI
5VCTVKPIHTQOVJG/CKPUETGGP
UGG/CKPUETGGPOGPW 
Ő 2TGUUVJGMG[ň/GPWʼn
( 
Ő 2TGUUVJGCTTQYFQYPMG[
 WPVKNň/QFKH[2CTCOUʼnKUHQNNQYGFD[CJQTK\QPVCNCTTQY
Ő #EVKXCVGVJGOGPWD[RTGUUKPIVCDWNCVQTMG[
 
Ő 7UGVJGCTTQYFQYPMG[
 VQUETQNNWPVKNVJGQRVKQPň%NQEM(WPEVKQPʼnKUHQNNQYGFD[CJQTK\QPVCN
CTTQY
Ő #EVKXCVGVJGOGPWD[RTGUUKPIVCDWNCVQTMG[
 VJGHQNNQYKPIUETGGPCRRGCTU

ň%NQEM(WPEVKQPʼn
ň0QVCEVKXCVGFʼn

ň/GPWʼn ň/QFʼn ň&GNʼn
( ( (

Ő 2TGUUVJGVCDWNCVQTMG[
 VJGHQNNQYKPIUETGGPCRRGCTU

ň/QPFC[ʼn
ň6WGUFC[ʼn
ň9GFPGUFC[ʼn
ň/GPWʼn ň/QFʼn ň&GNʼn
( ( (

Ő 7UGVJGUETQNNMG[U
 WPVKNVJGFC[QPYJKEJCEQOOCPFOWUVDGRTQITCOOGFKUHQNNQYGFD[C
JQTK\QPVCNCTTQY2TGUUVJGVCDWNCVQTMG[
 VJGHQNNQYKPIUETGGPCRRGCTU

 
 
 
ň/GPWʼn ň/QFʼn ň&GNʼn
( ( (

Ő 2TGUUVJGMG[ň/QFʼn
( 6JGHKTUVVYQFCUJGUYKNNHNCUJ7UGVJGUETQNNMG[U
 VQGPVGT2TGUU
VJGVCDWNCVQTMG[
 VQLWORVQVJGHQNNQYKPIVYQFCUJGU7UGVJGUETQNNMG[UVQGPVGT2TGUUVJG
VCDWNCVQTMG[VQLWORVQVJGTQYQHFCUJGU7UGVJGUETQNNMG[UVQGPVGTVJGEQOOCPFň5VCTVʼn
Ő 2TGUUVJGMG[ň2TQIʼnVQRTQITCOVJGEQOOCPFň5VCTVʼnň%QORʼn
Ő 2TGUUVJGCTTQYFQYPMG[
 VJGJQTK\QPVCNCTTQYKPFKECVGUVJCVVJGUGEQPFNKPGKUCEEGUUKDNG2TGUU
VJGMG[ň/QFʼnCPFOQFKH[VJKUNKPGKPCUKOKNCTYC[VQVJGHQNNQYKPIEQOOCPFň2TGUU$CPFʼn
Ő 2TGUUVJGMG[ň/GPWʼn
( CPFUETQNNVQň(TKFC[ʼn


+PUVTWEVKQPOCPWCN

ň6JWTUFC[ʼn
ň(TKFC[ʼn
ň5CVWTFC[ʼn
ň/GPWʼn ň&GNʼn
( ( (

Ő 2TQITCOOKPIVJGEQOOCPFVQEJCPIGQXGTCVQʼnENQEMVQň2TGUU$CPFʼnKUECTTKGFQWVKPCUKOKNCT
YC[CUFGUETKDGFCDQXG
Ő 2TGUUVJGMG[ň/GPWʼn
( CPFUETQNNVQň5CVWTFC[ʼn2TQITCOOKPIVJGEQOOCPFVQUVQRCVQʼnENQEM
KUECTTKGFQWVKPCUKOKNCTYC[CUFGUETKDGFCDQXG

#EVKXCVKPIFGCEVKXCVKPIVJGVKOGT
Ő 6JGVKOGTECPQPN[DGCEVKXCVGFKHCVNGCUVQPGUVCTVUVQREQOOCPFKURTQITCOOGF
Ő 5VCTVKPIHTQOVJG/CKPUETGGPRTGUUVJGMG[ň/GPWʼn
( 
Ő 7UGCTTQYFQYPMG[
 WPVKNVJGQRVKQPň/QFKH[2CTCOUʼnKUHQNNQYGFD[CJQTK\QPVCNCTTQY
Ő 2TGUUVJGVCDWNCVQTMG[
 VQCEVKXCVGVJGOGPW
Ő 7UGVJGCTTQYFQYPMG[WPVKNVJGQRVKQPň%NQEM(WPEVKQPʼnKUHQNNQYGFD[CJQTK\QPVCNCTTQYRTGUUVJG
VCDWNCVQTMG[
 VJGHQNNQYKPIUETGGPCRRGCTU

ň%NQEM(WPEVKQPʼn
ň0QVCEVKXCVGFʼn

ň/GPWʼn ň/QFʼn ň&GNʼn
( ( (

Ő 2TGUUVJGMG[ň/QFʼnň0QV#EVKXCVGFʼnUVCTVUHNCUJKPI
Ő 2TGUUVJGCTTQYFQYPMG[
 ň0QV#EVKXCVGFʼnEJCPIGUVQň#EVKXCVGFʼn
Ő 2TGUUVJGMG[ň2TQIʼn

+VKUPGEGUUCT[VQRTQITCOVJGUVCTVUVQREQOOCPFUKPUWEEGUUKXGQTFGTVKOGYKUG
2TQITCOVJGEQOOCPFUHTQOň/QPFC[ʼnVKNNň5WPFC[ʼnGI
Ő ň5VCTVʼnň%QORʼn
Ő ň2TGUU$CPFʼn
Ő ň2TGUU$CPFʼn
Ő ň5VQRʼnň%QORʼn
/CMGUWTGVJCVVJGVKOGTHWPEVKQPKUCEVKXCVGF
ň#EVKXCVGFʼn +HPQVVJGRTQITCOOGF
UVCTVUVQREQOOCPFUYKNNPQVDGGZGEWVGF
6JGVKOGTECPDGFGCEVKXCVGFCICKP+PVJKUECUGVJGRTQITCOOGFUVCTVUVQREQOOCPFU
YKNNPQVDGGZGEWVGF
DWVTGOCKPKPVJGOGOQT[QHVJGTGIWNCVQT 

/QFKH[KPICEQOOCPF
5WRRQUGVJGEQOOCPFVQUVQRVJGEQORTGUUQTQP5CVWTFC[KUVQDGOQFKHKGFKGUVQRRKPICVQ ENQEM
KPUVGCFQHQ ENQEM
Ő 5VCTVKPIHTQOVJG/CKPUETGGPRTGUUVJGMG[ň/GPWʼn
( RTGUUVJGCTTQYFQYPMG[
 WPVKNVJG
QRVKQPň/QFKH[2CTCOUʼnKUHQNNQYGFD[CJQTK\QPVCNCTTQY


+PUVTWEVKQPOCPWCN

Ő #EVKXCVGVJGOGPWD[RTGUUKPIVJGVCDWNCVQTMG[
 
Ő 7UGVJGCTTQYFQYPMG[
 VQUETQNNWPVKNVJGQRVKQPň%NQEM(WPEVKQPʼnKUHQNNQYGFD[CJQTK\QPVCN
CTTQY2TGUUVJGVCDWNCVQTMG[VJGHQNNQYKPIUETGGPCRRGCTU

ň%NQEM(WPEVKQPʼn
ň0QVCEVKXCVGFʼn

ň/GPWʼn ň/QFʼn ň&GNʼn
( ( (

Ő 2TGUUVJGVCDWNCVQTMG[
 VJGHQNNQYKPIUETGGPCRRGCTU

ň/QPFC[ʼn
ň6WGUFC[ʼn
ň9GFPGUFC[ʼn
ň/GPWʼn ň&GNʼn
( ( (

Ő 5ETQNNVJTQWIJVJGFKURNC[WPVKNň5CVWTFC[ʼnKUHQNNQYGFD[CJQTK\QPVCNCTTQY2TGUUVJGVCDWNCVQTMG[

 +HPGEGUUCT[UETQNNVJTQWIJVJGEQOOCPFUWPVKNVJGEQOOCPFVQDGOQFKHKGFKUHQNNQYGFD[C
JQTK\QPVCNCTTQY2TGUUVJGMG[ň/QFʼnVJGHKTUVVYQFKIKVUQHVJGEQOOCPFUVCTVHNCUJKPI/QFKH[CU
TGSWKTGFWUKPIVJGUETQNNMG[UKGKPVJGGZCORNGCDQXGEJCPIGKPVQWUKPIVJGCTTQYWRMG[

 
Ő +HPGEGUUCT[RTGUUVJGVCDWNCVQTMG[
 VQIQVQVJGPGZVHKGNFVQDGOQFKHKGFVJGOKPWVGUKPFKECVKQP
CPFVJGUVCTVUVQRRTGUUWTGDCPFKPFKECVKQP
Ő 2TGUUVJGMG[ň2TQIʼnVQRTQITCOVJGPGYEQOOCPFQTVJGMG[ň%CPEʼnVQSWKVYKVJQWVTGRTQITCOOKPI

#FFKPICEQOOCPFCVVJGGPFQHCPGZKUVKPINKUV
Ő 5VCTVKPIHTQOVJG/CKPUETGGPRTGUUVJGMG[ň/GPWʼn
( RTGUUVJGCTTQYFQYPMG[WPVKNVJGQRVKQP
ň/QFKH[2CTCOUʼnKUHQNNQYGFD[CJQTK\QPVCNCTTQY
Ő #EVKXCVGVJGOGPWD[RTGUUKPIVJGVCDWNCVQTMG[
 
Ő 7UGVJGCTTQYFQYPMG[
 VQUETQNNWPVKNVJGQRVKQPň%NQEM(WPEVKQPʼnKUHQNNQYGFD[CJQTK\QPVCN
CTTQY2TGUUVJGVCDWNCVQTMG[VJGHQNNQYKPIUETGGPCRRGCTU

ň%NQEM(WPEVKQPʼn
ň0QVCEVKXCVGFʼn

ň/GPWʼn ň/QFʼn ň&GNʼn
( ( (

5WRRQUGVJGEQOOCPFVQUVQRVJGEQORTGUUQTCVOWUVDGCFFGFVQVJGNKUVQH/QPFC[
Ő 2TGUUVJGVCDWNCVQTMG[
 VJGHQNNQYKPIUETGGPCRRGCTU


+PUVTWEVKQPOCPWCN

ň/QPFC[ʼn
ň6WGUFC[ʼn
ň9GFPGUFC[ʼn
ň/GPWʼn ň&GNʼn
( ( (

Ő 5ETQNNVJTQWIJVJGFKURNC[WPVKNň/QPFC[ʼnKUHQNNQYGFD[CJQTK\QPVCNCTTQY2TGUUVJGVCDWNCVQTMG[

 5ETQNNVJTQWIJVJGEQORTGUUQTUVCTVUVQRRTGUUWTGDCPFEQOOCPFUWPVKNVJGHKTUVGORV[
EQOOCPFNKPGKUKPFKECVGFD[VJGJQTK\QPVCNCTTQY
Ő 2TGUUVJGMG[ň/QFʼnVJGHKTUVVYQFKIKVUUVCTVHNCUJKPI'PVGTň%QORʼnň5VQRʼnWUKPIVJGUETQNN
MG[U
 VQOQFKH[CHKGNFCPFVJGVCDWNCVQTMG[
 VQLWORHTQOQPGHKGNFVQCPQVJGT
Ő 2TGUUVJGMG[ň2TQIʼnVQRTQITCOVJGPGYEQOOCPFQTVJGMG[ň%CPEʼnVQSWKVYKVJQWVTGRTQITCOOKPI

#FFKPICEQOOCPFDGVYGGPVYQGZKUVKPIEQOOCPFU
5WRRQUGVJGEQOOCPFň2TGUU$CPFʼnOWUVDGCFFGFVQVJGHQNNQYKPINKUV
Ő ň5VCTVʼnň%QORʼn
Ő ň2TGUU$CPFʼn
Ő ň5VQRʼnň%QORʼn
6JGTGIWNCVQTFQGUPQVCNNQYVJGGPVGTKPIQHCPGYEQOOCPFYJKEJVKOGYKUGKUUKVWCVGFDGHQTGVJGNCUV
EQOOCPFKPVJGNKUV
5ETQNNVJTQWIJVJGFKURNC[WPVKNVJGEQOOCPFDGHQTGYJKEJVJGPGYEQOOCPFOWUVDGGPVGTGFKU
HQNNQYGFD[CJQTK\QPVCNCTTQY
KPVJGGZCORNGCDQXGň5VQRʼnň%QORʼn CPFRTGUUVJGMG[ň/QFʼn
%JCPIGVJKUEQOOCPFVQVJGPGYEQOOCPF
KPVJGGZCORNGCDQXGň2TGUU$CPFʼn
2TGUUVJGCTTQYFQYPMG[CPFCFFVJGNCUVEQOOCPFQHVJGNKUV
KPVJGGZCORNGCDQXGň5VQRʼn
ň%QORʼnCPFRTGUUVJGMG[ň2TQIʼn

&GNGVKPICEQOOCPF
Ő 5VCTVKPIHTQOVJG/CKPUETGGPRTGUUVJGMG[/GPW
( RTGUUVJGCTTQYFQYPMG[WPVKNVJGQRVKQP
ň/QFKH[2CTCOUʼnKUHQNNQYGFD[CJQTK\QPVCNCTTQY
Ő #EVKXCVGVJGOGPWD[RTGUUKPIVJGVCDWNCVQTMG[
 
Ő 7UGVJGUETQNNMG[U
 VQUETQNNWPVKNVJGQRVKQPň%NQEM(WPEVKQPʼnKUHQNNQYGFD[CJQTK\QPVCNCTTQY
2TGUUVJGVCDWNCVQTMG[VJGHQNNQYKPIUETGGPCRRGCTU

ň%NQEM(WPEVKQPʼn
ň0QVCEVKXCVGFʼn

ň/GPWʼn ň/QFʼn ň&GNʼn
( ( (

&GNGVKPICNNEQOOCPFU
Ő 2TGUUVJGMG[ň&GNʼnKPVJGUETGGPCDQXG#SWGUVKQPVQEQPHKTOVJGFGNGVKPIQRGTCVKQPYKNNCRRGCT
&GNGVKPICNNEQOOCPFUQHCURGEKHKEFC[


+PUVTWEVKQPOCPWCN

Ő 5ETQNNVJTQWIJVJGFKURNC[WPVKNVJGFGUKTGFFC[KUHQNNQYGFD[CJQTK\QPVCNCTTQY2TGUUVJGMG[ň&GNʼn
CSWGUVKQPVQEQPHKTOVJGFGNGVKPIQRGTCVKQPYKNNCRRGCT
&GNGVKPICURGEKHKEEQOOCPF
Ő 5ETQNNVJTQWIJVJGFKURNC[WPVKNVJGEQOOCPFVQDGFGNGVGFKUHQNNQYGFD[CJQTK\QPVCNCTTQY2TGUU
VJGMG[ň&GNʼnCSWGUVKQPVQEQPHKTOVJGFGNGVKPIQRGTCVKQPYKNNCRRGCT

 /QFKH[KPIEQPHKIWTCVKQPUGVVKPIU

%QPVTQNRCPGN

(WPEVKQP
6QOQFKH[CPWODGTQHRCTCOGVGTU%QPUWNVVJGOGPWHNQYKPUGEVKQP%QPVTQNRTQITCOU

2TQEGFWTG
5VCTVKPIHTQOVJG/CKPUETGGP
UGG/CKPUETGGPOGPW 
Ő 2TGUUVJGMG[ň/GPWʼn
( 
Ő 2TGUUVJGCTTQYFQYPMG[
 WPVKNň/QFKH[2CTCOUʼnKUHQNNQYGFD[CPCTTQYRQKPVKPIVQVJGTKIJV
Ő #EVKXCVGVJGOGPWD[RTGUUKPIVCDWNCVQTMG[
 
Ő 2TGUUVJGCTTQYFQYPMG[
 VQUETQNNWPVKNň%QPHKIWTCVKQPʼnKUHQNNQYGFD[CJQTK\QPVCNCTTQY
Ő #EVKXCVGVJGOGPWD[RTGUUKPIVCDWNCVQTMG[
 VJGHKTUVKVGOň6KOGʼnYKNNCRRGCT+HCPQVJGTQRVKQPKU
FGUKTGFUETQNNVJTQWIJVJGFKURNC[WPVKNVJGQRVKQPKUHQNNQYGFD[CJQTK\QPVCNCTTQY5GNGEVVJGQRVKQP
D[RTGUUKPIVJGVCDWNCVQTMG[
 
Ő (QTVJGQRVKQPň6KOGʼnVJGUGEQPFNKPGQPVJGUETGGPKPFKECVGUVJGCEVWCNUGVVKPIGI6Q
OQFKH[VJKUUGVVKPIRTGUUVJGMG[ň/QFʼn
( VJGHKTUVHKGNF
 YKNNHNCUJ
Ő 7UGVJGUETQNNMG[U
 VQEJCPIGVJGUGVVKPIVJGPRTGUUVJGVCDWNCVQTMG[
 VQIQVQVJGPGZVHKGNF

 6JGUGVVKPIQHVJKUHKGNFECPPQYDGOQFKHKGFWUKPIVJGUETQNNMG[U
 
Ő 2TGUUVJGMG[ň2TQIʼn
( VQRTQITCOVJGPGYXCNWGQTVJGMG[ň%CPEʼn
( VQECPEGNVJGOQFKHKECVKQP
QRGTCVKQP
VJGQTKIKPCNXCNWGYKNNDGTGVCKPGF 
Ő 6JGRTQEGFWTGVQOQFKH[QVJGTRCTCOGVGTUKUUKOKNCT


+PUVTWEVKQPOCPWCN

 2TQITCOOKPIEQORTGUUQTEQPVTQNOQFGU

%QPVTQNRCPGN

%QORTGUUQTEQPVTQNOQFGU
6JGEQORTGUUQTECPDGEQPVTQNNGFNQECNN[TGOQVGN[QTXKCCNQECNCTGCPGVYQTM
.#0 

2TQEGFWTG
5VCTVKPIHTQOVJG/CKPUETGGP
UGG/CKPUETGGPOGPW 
Ő 2TGUUVJGMG[ň/GPWʼn
( 
Ő 2TGUUVJGCTTQYFQYPMG[
 WPVKNň/QFKH[2CTCOUʼnKUHQNNQYGFD[CPCTTQYRQKPVKPIVQVJGTKIJV
Ő #EVKXCVGVJGOGPWD[RTGUUKPIVCDWNCVQTMG[
 
Ő 2TGUUVJGCTTQYFQYPMG[
 VQUETQNNWPVKNň%QPHKIWTCVKQPʼnKUHQNNQYGFD[CJQTK\QPVCNCTTQY
Ő #EVKXCVGVJGOGPWD[RTGUUKPIVCDWNCVQTMG[
 VJGHKTUVKVGOň6KOGʼnYKNNCRRGCT5ETQNNVJTQWIJVJG
FKURNC[WUKPIVJGUETQNNMG[U
 WPVKNVJGQRVKQPň%%/ʼnKUHQNNQYGFD[CJQTK\QPVCNCTTQYCPFUGNGEV
KVWUKPIVJGVCDWNCVQTMG[
 6JGHQNNQYKPIUETGGPKUUJQYP

ň%%/ʼn
ň.QECN%QPVTQNʼn

ň/GPWʼn ň/QFʼn
( ( (

Ő 2TGUUVJGMG[ň/QFʼnCPFWUGVJGUETQNNMG[U
 VQUGNGEVVJGFGUKTGFEQPVTQNOQFG2TGUUVJGMG[
ň2TQIʼnVQRTQITCOQTVJGMG[ň%CPEʼnVQECPEGNVJGOQFKHKECVKQP


+PUVTWEVKQPOCPWCN

 5GTXKEGOGPW

%QPVTQNRCPGN

(WPEVKQP
Ő 6QTGUGVVJGUGTXKEGRNCPUYJKEJCTGECTTKGFQWV
Ő 6QEJGEMYJGPVJGPGZVUGTXKEGRNCPUCTGVQDGECTTKGFQWV
Ő 6QHKPFQWVYJKEJUGTXKEGRNCPUYGTGECTTKGFQWVRTGXKQWUN[

5GTXKEGRNCPU
#PWODGTQHUGTXKEGQRGTCVKQPUCTGITQWRGF
ECNNGFň.GXGN#ʼnň.GXGN$ʼnGVE 'CEJNGXGNUVCPFUHQTC
PWODGTQHUGTXKEGCEVKQPUVQDGECTTKGFQWVCVVJGVKOGKPVGTXCNURTQITCOOGFKPVJG'NGMVTQPKMQP
TGIWNCVQT
9JGPCUGTXKEGRNCPKPVGTXCNKUTGCEJGFCOGUUCIGYKNNCRRGCTQPVJGUETGGPUGGUGEVKQP5VCVWUFCVC
OGPW#HVGTECTT[KPIQWVVJGUGTXKEGCEVKQPUTGNCVGFVQVJGKPFKECVGFNGXGNUVJGVKOGTUOWUVDGTGUGV

'ZCORNG

5GTXKEGRNCPU +PVGTXCNU
5GTXKEGRNCP# 'XGT[TWPPKPIJQWTU
5GTXKEGRNCP$ 'XGT[TWPPKPIJQWTU
5GTXKEGRNCP% 'XGT[TWPPKPIJQWTU
5GTXKEGRNCP& 'XGT[TWPPKPIJQWTU

4GUWNVKPIUGTXKEGCEVKQPUCEEQTFKPIVQ #V
5GTXKEGRNCP#CPF$ TWPPKPIJQWTU
5GTXKEGRNCP#$CPF% TWPPKPIJQWTU
5GTXKEGRNCP#CPF$ TWPPKPIJQWTU
5GTXKEGRNCP#$CPF% TWPPKPIJQWTU
5GTXKEGRNCP#$%CPF& TWPPKPIJQWTU
 

2TQEGFWTG
5VCTVKPIHTQOVJG/CKPUETGGP
UGG/CKPUETGGPOGPW 
Ő 2TGUUVJGMG[ň/GPWʼn
( 


+PUVTWEVKQPOCPWCN

Ő 2TGUUVJGCTTQYFQYPMG[
 WPVKNň5GTXKEGʼnKUHQNNQYGFD[CJQTK\QPVCNCTTQY
Ő #EVKXCVGVJGOGPWD[RTGUUKPIVCDWNCVQTMG[
 
Ő #UETGGPUKOKNCTVQVJGQPGDGNQYCRRGCTU

ň5GTXKEG6KOGTʼn
ň4WPPKPI*QWTUʼn
ňJTUʼn 
ň/GPWʼn
( ( (

Ő 6JGUETGGPUJQYUVJCVVJGVQVCNEQORTGUUQTTWPPKPIVKOGKUJQWTU
Ő 2TGUUVJGVCDWNCVQTMG[
 VJGHQNNQYKPIUETGGPCRRGCTU

ň0GZV6KOGTʼn
ň.GXGNʼn #$%
ňJTUʼn 
ň$CEMʼn ň4UGVʼn
( ( (

Ő 6JGUETGGPUJQYUVJCVVJGPGZVUGTXKEGRNCPUVQDGECTTKGFQWVCTGRNCPU#$CPF%CPFVJCVVJGUG
RNCPUCTGVQDGECTTKGFQWVGXGT[TWPPKPIJQWTU
Ő 2TGUUVJGCTTQYFQYPMG[
 VQHKPFQWVYJKEJUGTXKEGRNCPUYGTGECTTKGFQWVRTGXKQWUN[VJG
HQNNQYKPIUETGGPCRRGCTU

ň2TGXKQWU6KOGTʼn
ň.GXGNʼn #$
ňJTUʼn 

( ( (

Ő 6JGUETGGPUJQYUVJCVUGTXKEGRNCPU#CPF$YGTGECTTKGFQWVCVTWPPKPIJQWTU
Ő 5VQRVJGEQORTGUUQTUYKVEJQHHVJGXQNVCIGCPFECTT[QWVVJGUGTXKEGQRGTCVKQPUTGNCVGFVQRNCPU#
$CPF%UGGUGEVKQP2TGXGPVKXGOCKPVGPCPEGUEJGFWNG
Ő 5YKVEJQPVJGXQNVCIGCPFUETQNNVQVJGň0GZV6KOGTʼnUGTXKEGUETGGP
Ő 2TGUUVJGň4UGVʼnDWVVQP
( %QPHKTOVJGSWGUVKQPHQTTGUGVVKPI

6JGň4UGVʼnDWVVQPQPN[CRRGCTUYJGPVJGň0GZV6KOGTʼnNGXGNKUCNOQUVTGCEJGF

#HVGTRTGUUKPIVJGCTTQYFQYPMG[KPVJGň5GTXKEG6KOGTʼnUETGGPVJGň.KHG6KOGʼnJQWTU
CTGUJQYPKGVJGPWODGTQHJQWTUGNCRUGFUKPEGKPKVKCNRTQITCOOKPIGZHCEVQT[6JKU
VKOGTKUPQVVCMGPKPVQCEEQWPV


+PUVTWEVKQPOCPWCN

 5CXGFFCVCOGPW

%QPVTQNRCPGN

(WPEVKQP
6QECNNWRUQOGEQORTGUUQTFCVCUCXGFD[VJGTGIWNCVQT6JGUGFCVCCTG
Ő .CUVUJWVFQYPFCVC
Ő .CUVGOGTIGPE[UVQRFCVC

2TQEGFWTG
5VCTVKPIHTQOVJG/CKPUETGGP
Ő 2TGUUVJGMG[ň/GPWʼn
(
Ő 2TGUUVJGCTTQYFQYPMG[
 WPVKNVJGQRVKQPň5CXGF&CVCʼnKUHQNNQYGFD[CJQTK\QPVCNCTTQY
Ő 2TGUUVJGVCDWNCVQTMG[
 VQCEVKXCVGVJGOGPW
Ő 6JGNKUVQHNCUVUJWVFQYPCPFGOGTIGPE[UVQRECUGUKUUJQYP
Ő 5ETQNNVJTQWIJVJGKVGOUVQUGNGEVVJGFGUKTGFUJWVFQYPQTGOGTIGPE[UVQRKVGO
Ő 2TGUUVCDWNCVQTMG[
 VQHKPFVJGFCVGVKOGCPFQVJGTFCVCTGHNGEVKPIVJGUVCVWUQHVJGEQORTGUUQT
YJGPVJGNCUVUJWVFQYPQEEWTTGF

 2TQITCOOCDNGUGVVKPIUHQT)#85&

%QORTGUUQTOQVQT)#85&

/KPKOWO (CEVQT[ /CZKOWO


UGVVKPI UGVVKPI UGVVKPI
5GVRQKPV
)#85& DCT
G   
)#85& RUKI   
)#85&(WNN(GCVWTG DCT
G   
)#85&(WNN(GCVWTG RUKI   
+PFKTGEVUVQRNGXGN DCT   
+PFKTGEVUVQRNGXGN RUK   
&KTGEVUVQRNGXGN DCT   


+PUVTWEVKQPOCPWCN

/KPKOWO (CEVQT[ /CZKOWO


UGVVKPI UGVVKPI UGVVKPI
&KTGEVUVQRNGXGN RUK   
2TQRQTVKQPCNDCPF    
+PVGITCVKQPVKOG UGE   
/KPKOWOOQVQTURGGF
)#85& TRO   
/CZKOWO42/TGFWEVKQP    

%QORTGUUQTOQVQT
HQT)#85&DCTEQORTGUUQT

/KPKOWO (CEVQT[ /CZKOWO


UGVVKPI UGVVKPI UGVVKPI
5GVRQKPV
)#85& DCT
G   
)#85& RUKI   
)#85&(WNN(GCVWTG DCT
G   
)#85&(WNN(GCVWTG RUKI   
+PFKTGEVUVQRNGXGN DCT   
+PFKTGEVUVQRNGXGN RUK   
&KTGEVUVQRNGXGN DCT   
&KTGEVUVQRNGXGN RUK   
2TQRQTVKQPCNDCPF    
+PVGITCVKQPVKOG UGE   
/KPKOWOOQVQTURGGF
)#85& TRO   
/CZKOWO42/TGFWEVKQP    

%QORTGUUQTOQVQT
HQT)#85&DCTEQORTGUUQT

/KPKOWO (CEVQT[ /CZKOWO


UGVVKPI UGVVKPI UGVVKPI
5GVRQKPV
)#85& DCT
G   
)#85& RUKI   
)#85&(WNN(GCVWTG DCT
G   
)#85&(WNN(GCVWTG RUKI   
+PFKTGEVUVQRNGXGN DCT   
+PFKTGEVUVQRNGXGN RUK   
&KTGEVUVQRNGXGN DCT   
&KTGEVUVQRNGXGN RUK   


+PUVTWEVKQPOCPWCN

/KPKOWO (CEVQT[ /CZKOWO


UGVVKPI UGVVKPI UGVVKPI
2TQRQTVKQPCNDCPF    
+PVGITCVKQPVKOG UGE   
/KPKOWOOQVQTURGGF
)#85& TRO   
/CZKOWO42/TGFWEVKQP    

2CTCOGVGTU

/KPKOWO (CEVQT[ /CZKOWO


UGVVKPI UGVVKPI UGVVKPI
/KPKOWOUVQRVKOG
)#85& UGE   
2QYGTTGEQXGT[VKOG UGE   
4GUVCTVFGNC[ UGE   
%QOOWPKECVKQPVKOGQWV UGE   

(CPOQVQTUVCTVURGTFC[   

2TQVGEVKQPU

/KPKOWO (CEVQT[ /CZKOWO


UGVVKPI UGVVKPI UGVVKPI
%QORTGUUQTGNGOGPVQWVNGVVGORGTCVWTG u%   

UJWVFQYPYCTPKPINGXGN
%QORTGUUQTGNGOGPVQWVNGVVGORGTCVWTG u(   

UJWVFQYPYCTPKPINGXGN
%QORTGUUQTGNGOGPVQWVNGVVGORGTCVWTG u%   

UJWVFQYPNGXGN
%QORTGUUQTGNGOGPVQWVNGVVGORGTCVWTG u(   

UJWVFQYPNGXGN

(QT(WNN(GCVWTGEQORTGUUQTUCNUQ /KPKOWO (CEVQT[ /CZKOWO


UGVVKPI UGVVKPI UGVVKPI
&GYRQKPVYCTPKPIVGORGTCVWTG u%  
&GYRQKPVYCTPKPIVGORGTCVWTG u(  
&GNC[CVUKIPCN UGE   
&GNC[CVUVCTVKPI UGE   

5GTXKEGRNCP
#NUQUGGUGEVKQP2TGXGPVKXGOCKPVGPCPEGUJGFWNG
%QPUWNV#VNCU%QREQKPECUGCP[VKOGTUGVVKPIUJQWNFDGEJCPIGF6JGKPVGTXCNUOWUVPQVGZEGGFVJG
PQOKPCNKPVGTXCNUCPFOWUVEQKPEKFGNQIKECNN[5GGUGEVKQP/QFKH[KPIUGTXKEGRNCPU


+PUVTWEVKQPOCPWCN

/KPKOWO (CEVQT[ /CZKOWO


UGVVKPI UGVVKPI UGVVKPI
5GTXKEGRNCP#
TWPPKPIJQWTU
1PEQORTGUUQTUHKNNGFYKVJ(QQF)TCFG JT 
(NWKF
TWPPKPIJQWTU
1PEQORTGUUQTUHKNNGFYKVJ4QVQ+PLGEV JT 
(NWKF
TWPPKPIJQWTU
1PEQORTGUUQTUHKNNGFYKVJ*&4QVQ JT 
(NWKF2NWU
5GTXKEGRNCP$
TWPPKPIJQWTU JT 
5GTXKEGRNCP%
TWPPKPIJQWTU JT 
5GTXKEGRNCP&
TWPPKPIJQWTU JT 

6GTOKPQNQI[

6GTO 'ZRNCPCVKQP
#4#8( #WVQOCVKETGUVCTVCHVGTXQNVCIGHCKNWTG5GGUGEVKQP'NGMVTQPKMQPTGIWNCVQT++
%QORTGUUQT 6JGTGIWNCVQTFQGUPQVCEEGRVKNNQIKECNUGVVKPIUGIKHVJGYCTPKPINGXGNKU
GNGOGPVQWVNGV RTQITCOOGFCVu%
u( VJGOKPKOWONKOKVHQTVJGUJWVFQYPNGXGNEJCPIGU
VQu%
u( 6JGTGEQOOGPFGFFKHHGTGPEGDGVYGGPVJGYCTPKPINGXGNCPF
UJWVFQYPNGXGNKUu%
u( 
6JGTGEQOOGPFGFOKPKOWOUGVVKPIKUu%
u( (QTVGUVKPIVJGVGORGTCVWTG
UGPUQTVJGUGVVKPIECPDGFGETGCUGFVQu%
u( 4GUGVVJGXCNWGCHVGT
VGUVKPI
&GNC[CVUKIPCN +UVJGVKOGRGTKQFFWTKPIYJKEJVJGYCTPKPIUKIPCNOWUVGZKUVDGHQTGVJGYCTPKPI
OGUUCIGCRRGCTU
&GNC[CVUVCTV +UVJGVKOGRGTKQFCHVGTUVCTVKPIYJKEJOWUVGZRKTGDGHQTGIGPGTCVKPICYCTPKPI6JG
UGVVKPIUJQWNFDGNGUUVJCPVJGUGVVKPIHQTVJGFGNC[CVUKIPCN
/KPKOWOUVQR 1PEGVJGEQORTGUUQTJCUCWVQOCVKECNN[UVQRRGFKVYKNNTGOCKPUVQRRGFHQTVJG
VKOG OKPKOWOUVQRVKOG
CRRTQZUGEQPFU YJCVGXGTJCRRGPUYKVJVJGPGVCKT
RTGUUWTG%QPUWNV#VNCU%QREQKHCUGVVKPINQYGTVJCPUGEQPFUUJQWNFDGTGSWKTGF
1KNUGRCTCVQT 7UG#VNCU%QREQQKNUGRCTCVQTU
2QYGTTGEQXGT[ +UVJGRGTKQFYKVJKPYJKEJVJGXQNVCIGOWUVDGTGUVQTGFVQJCXGCPCWVQOCVKE
VKOG TGUVCTV+UCEEGUUKDNGKHVJGCWVQOCVKETGUVCTVKUCEVKXCVGF5GGUGEVKQP'NGMVTQPKMQP
++TGIWNCVQT6QCEVKXCVGVJGCWVQOCVKETGUVCTVHWPEVKQPEQPUWNV#VNCU%QREQ
2TQRQTVKQPCN 6JGUGVVKPIUHQTVJG2TQRQTVKQPCNDCPFCPFKPVGITCVKQPVKOGCTGFGVGTOKPGFD[
DCPFCPF GZRGTKOGPV#NVGTKPIVJGUGUGVVKPIUOC[FCOCIGVJGEQORTGUUQT%QPUWNV#VNCU
KPVGITCVKQPVKOG %QREQ


+PUVTWEVKQPOCPWCN

 15&QKNEQPFGPUCVGUGRCTCVQT

 15&WPKV

1KNEQPFGPUCVGUGRCTCVQTU
%QORTGUUGFCKTNGCXKPIQKNKPLGEVGFEQORTGUUQTUEQPVCKPUQKN&WTKPIEQQNKPIQHVJKUCKTQKNEQPVCKPKPI
EQPFGPUCVGKUHQTOGF15&CTGFGUKIPGFVQUGRCTCVGVJGOCLQTRCTVQHVJKUQKNHTQOVJGEQPFGPUCVGCPF
VQECVEJVJGQKNKPCEQNNGEVQT6JGEQPFGPUCVGOGGVUVJGTGSWKTGOGPVUQHVJGGPXKTQPOGPVCNEQFGU
#P15&ECPDGWUGFHQT)#85&

)GPGTCNXKGYQH15&V[RKECNGZCORNG

4GHGTGPEG &GUKIPCVKQP
 8GUUGN
 2TGUUWTGICWIGHKNVGT
 1KNHKNVGT
 1KNEQNNGEVQT
 %QPFGPUCVGKPNGV
 &RQHHKNVGT
 %NGCPEQPFGPUCVGQWVNGV
 1KNQWVNGV
 %QXGT


+PUVTWEVKQPOCPWCN

1RGTCVKQP15&
%QPFGPUCVGEQPVCKPKPIHKPGQKNFTQRNGVUHNQYUXKCUVTCKPGT
 VJTQWIJHKNVGT
 KPYJKEJVJGFTQRNGVU
EQCNGUEGKPVQNCTIGTFTQRU6JKUQKNKUNGFVQYCVGTXGUUGN
 YJGTGVJGQKNTKUGUFWGVQVJGFKHHGTGPEGKP
URGEKHKEOCUU6JGXGUUGNKURTQXKFGFYKVJVYQUGRCTCVGFQWVNGVUQPGHQTEQPFGPUCVG
 YJKEJKUNGF
QWVUKFGVJGDQF[YQTMCPFQPGHQTVJGUGRCTCVGFQKN
 YJKEJKUECWIJVKPEQNNGEVQT
 

 1RGTCVKPICPFOCKPVGPCPEGKPUVTWEVKQPU

5CHGV[RTGECWVKQPU

$GHQTGECTT[KPIQWVCP[OCKPVGPCPEGTGRCKTYQTMQTCFLWUVOGPVURTQEGGFCU
HQNNQYU
Ő 5VQRVJGEQORTGUUQT
Ő 2TGUUVJGGOGTIGPE[UVQRDWVVQP
Ő 5YKVEJQHHVJGXQNVCIG
Ő %NQUGVJGCKTQWVNGVXCNXGCPFQRGPKHRTQXKFGFVJGOCPWCNEQPFGPUCVGFTCKP
XCNXG
Ő &GRTGUUWTK\GVJGEQORTGUUQT
(QTFGVCKNGFKPUVTWEVKQPUUGG2TQDNGOUQNXKPI
6JGQRGTCVQTOWUVCRRN[CNNTGNGXCPV5CHGV[RTGECWVKQPU

1RGTCVKPIKPUVTWEVKQPU

+PUKFGQH15&

Ő $GHQTGUVCTVKPIEJGEMVJCVXGUUGN
 KUHKNNGF+HPGEGUUCT[IGPVN[RQWTYCVGTKPVQHKNNGTRKRG
 WPVKN
KVHNQYUVJTQWIJVWDG
 4GKPUVCNNVJGEQXGT
Ő &WTKPIQRGTCVKQPQHVJGEQORTGUUQTCPQKNNC[GTKUDWKNVWRCDQXGVJGYCVGTNGXGNKPXGUUGN
 
&GRGPFKPIQPVJGECRCEKV[QHVJGEQORTGUUQTCPFKVUQRGTCVKQPE[ENGVJGJWOKFKV[QHVJGKPNGVCKTCPF
VJGQKNEQPVGPVQHVJGEQORTGUUGFCKTKVOC[VCMGUGXGTCNYGGMUQTOQPVJUDGHQTGCPQKNNGXGNKU
QDUGTXGFKPEQNNGEVQT
 
Ő 4GIWNCTN[EJGEMVJCVXGUUGN
 KUHKNNGF+HPGEGUUCT[IGPVN[RQWTYCVGTKPVQHKNNGTRKRG
 WPVKNKV
HNQYUVJTQWIJVWDG
 -GGREQXGTKPUVCNNGF


+PUVTWEVKQPOCPWCN

%QPFGPUCVGFTCKPU

/CKPVGPCPEGKPUVTWEVKQPU
%QPUWNVUGEVKQP15&WPKVHQTVJGTGHGTGPEGU

+PVGTXCN 4WPPKPIJQWTU 1RGTCVKQP


9GGMN[  %JGEMRTGUUWTGICWIG
 +HVJGRTGUUWTGTGCEJGUDCT
G 

RUKI QTGXGT[QRGTCVKPIJQWTUTGRNCEGHKNVGT
 UVQRVJG
EQORTGUUQTCPFUYKVEJQHHVJGXQNVCIG%NQUGVJGCKTQWVNGVXCNXG
FGRTGUUWTK\GVJGQWVNGVU[UVGOD[QRGPKPIEQPFGPUCVGFTCKPXCNXG

&O CPFWPUETGYVJGHKNVGT(KNNVJGPGYHKNVGTYKVJYCVGTNKIJVN[
QKNKVUICUMGVUETGYVJGHKNVGTQPCPFVKIJVGPD[JCPF
CRRTQZ
JCNHCVWTP %JGEMUVTCKPGT
 KHPGEGUUCT[ENGCPKV
/QPVJN[  %JGEMVJGQKNNGXGNKPEQNNGEVQT
 +HPGCTN[HWNNFKUEQPPGEVQKN
VWDG
 CPFFGNKXGTVJGQKNVQVJGNQECNQKNEQNNGEVKQPUGTXKEG
4GKPUVCNNCPGORV[EQNNGEVQT

 2KEVQITCRJU

2KEVQITCRJUUJQYPQP15&

4GHGTGPEG &GUETKRVKQP
 1KN
 1KNQWVNGV
 %QPFGPUCVGQWVNGV
 2TGUUWTG


+PUVTWEVKQPOCPWCN

4GHGTGPEG &GUETKRVKQP
 +PNGV
 5GTXKEGRQKPVFTCKP
 5GRCTCVQTKPNGVRTGUUWTG
 1KNICUMGVUETGYQPHKNVGTCPFVKIJVGPD[JCPF
CRRTQZJCNHCVWTP
 %QPUWNVKPUVTWEVKQPNGCHNGVDGHQTGOCKPVGPCPEGQTTGRCKT


+PUVTWEVKQPOCPWCN

 +PUVCNNCVKQP

 &KOGPUKQPFTCYKPIU

%QORTGUUQTFKOGPUKQPU

(NQQTOQWPVGFXGTUKQP


+PUVTWEVKQPOCPWCN

6CPMOQWPVGFXGTUKQP

4GHGTGPEG &GUKIPCVKQP
 /CPWCNFTCKP
 #WVQOCVKEFTCKP
 'NGEVTKEECDNGGPVT[
 /QVQTCPFFT[GTEQQNKPICKTQWVNGV
 %QQNKPICKTQWVNGV
 %QQNKPICKTKPNGV
 %QORTGUUQTCKTKPNGV


+PUVTWEVKQPOCPWCN

4GHGTGPEG &GUKIPCVKQP
 &T[GTCKTKPNGV
 %QORTGUUGFCKTQWVNGV
 %QORTGUUQTCPFOQVQTEQQNKPICKTKPNGV
 %WDKENGCKTKPNGV
 9GKIJV

 +PUVCNNCVKQPRTQRQUCN

#VVGPVKQP

6TCPURQTVD[RCNNGVVTWEM

6QRTGXGPVC6CPMOQWPVGFOQFGNHTQOHCNNKPIQXGTFWTKPIVTCPURQTVD[RCNNGVVTWEM
RWUJVJGHQTMUWPFGTPGCVJVJGCKTTGEGKXGTCPFRTQXKFGCYQQFGPDGCO
 
UGEVKQP
CRRTQZZEOZKP VJTQWIJVJGUWRRQTVUCVDQVJUKFGUQHVJGTGEGKXGT
9JKNGJQNFKPIVJGEQORTGUUQTUNQYN[NKHVVJGHQTMUWPVKNVJGTGEGKXGTKUUGEWTGF
DGVYGGPVJGDGCOU
/QXGVJGEQORTGUUQTUOQQVJN[


+PUVTWEVKQPOCPWCN

%QORTGUUQTTQQOGZCORNG

%QORTGUUQTTQQOGZCORNGQH)#85&(NQQTOQWPVGF


+PUVTWEVKQPOCPWCN

6GZVQPFTCYKPI

4GHGTGPEG &GUKIPCVKQP

 8GPVKNCVKQPRTQRQUCNU

 /KPKOWOHTGGCTGCVQDGTGUGTXGFHQTVJGEQORTGUUQTKPUVCNNCVKQP

 %QORTGUUQT

 (TQPV

 6QRXKGY

&GUETKRVKQP
 +PUVCNNVJGEQORTGUUQTWPKVQPCUQNKFNGXGNHNQQTUWKVCDNGHQTVCMKPIVJGYGKIJV6JGTGEQOOGPFGF
OKPKOWOFKUVCPEGDGVYGGPVJGVQRQHVJGWPKVCPFVJGEGKNKPIKUOO
KP 6JGCKTTGEGKXGT
OWUVPQVDGDQNVGFVQVJGHNQQT6JGOKPKOWOFKUVCPEGDGVYGGPVJGYCNNCPFVJGDCEMQHVJG
EQORTGUUQTOWUVDGOO
KP 
 2QUKVKQPQHVJGEQORTGUUGFCKTQWVNGVXCNXG
6QHCEKNKVCVGVJGCEEGUUVQVJGFT[GTFWTKPIOCKPVGPCPEGQRGTCVKQPURTQXKFGCHNGZKDNGEQPPGEVKQP
DGVYGGPVJGCKTQWVNGVXCNXGCPFVJGCKTPGV
%NQUGVJGXCNXG
%QPPGEVVQVJGCKTPGV
 6JGRTGUUWTGFTQRQXGTVJGCKTQWVNGVRKRGECPDGECNEWNCVGFCUHQNNQYU
FR
.ZZ3E 
FZR 
F+PPGTFKCOGVGTQHVJGQWVNGVRKRGKPOO
FR2TGUUWTGFTQR
TGEQOOGPFGFOCZKOWODCTRUK
..GPIVJQHQWVNGVRKRGKPO
R#DUQNWVGRTGUUWTGCVVJGEQORTGUUQTQWVNGVKPDCT
C
3E(TGGCKTFGNKXGT[QHVJGEQORTGUUQTKPNU
 8GPVKNCVKQPVJGKPNGVITKFUCPFXGPVKNCVKQPHCPUJQWNFDGKPUVCNNGFKPUWEJCYC[VJCVCP[
TGEKTEWNCVKQPQHEQQNKPICKTVQVJGEQORTGUUQTQTFT[GTKUCXQKFGF6JGOCZKOWOCKTXGNQEKV[VJTQWIJ
VJGITKFUKUOU
HVU 
6JGOCZKOWOCNNQYCDNGRTGUUWTGFTQRQXGTVJGEQQNKPICKTFWEVUKU2C
KPYE
+HKVKUITGCVGTVJCPVJKUXCNWGCHCPKUPGGFGFCVVJGQWVNGVQHVJGFWEVU%QPUWNV#VNCU%QREQ
(QTCNVGTPCVKXGUCPFVJGTGSWKTGFXGPVKNCVKQPECRCEKV[VQNKOKVVJGEQORTGUUQTTQQOVGORGTCVWTG
ECPDGECNEWNCVGFCUHQNNQYU
Ő 3X0F6HQTWPKVUYKVJQWVQRVKQPCNFT[GT
Ő 3X
0  F6HQTWPKVUYKVJQRVKQPCNFT[GT
3X4GSWKTGFXGPVKNCVKQPECRCEKV[KPOU
05JCHVKPRWVQHEQORTGUUQTKPM9
F66GORGTCVWTGKPETGCUGKPEQORTGUUQTTQQO
(QTCNVGTPCVKXGUCPFVJGHCPECRCEKV[UJQWNFOCVEJVJGEQORTGUUQTHCPECRCEKV[CVCRTGUUWTG
JGCFGSWCNVQVJGRTGUUWTGFTQRCETQUUVJGCKTFWEVU
 6JGFTCKPRKRGUVQVJGFTCKPEQNNGEVQTOWUVPQVFKRKPVQVJGYCVGTQHVJGFTCKPEQNNGEVQT#VNCU%QREQ
JCUQKNYCVGTUGRCTCVQTU
V[RG15& VQUGRCTCVGVJGOCLQTRCTVQHVJGQKNHTQOVJGEQPFGPUCVGVQ
GPUWTGVJCVVJGEQPFGPUCVGOGGVUVJGTGSWKTGOGPVUQHVJGGPXKTQPOGPVCNEQFGU


+PUVTWEVKQPOCPWCN

 2QUKVKQPQHEQPVTQNRCPGN
 2QUKVKQPQHVJGOCKPECDNGGPVT[
 (KNVGTV[RG&&HQTIGPGTCNRWTRQUGU
QRVKQPCN 6JGHKNVGTVTCRUUQNKFRCTVKENGUFQYPVQOKETQPYKVJ
COCZQKNECTT[QXGTQHOIO#JKIJGHHKEKGPE[HKNVGTV[RG2&
QRVKQPCN OC[DGKPUVCNNGF
FQYPUVTGCOQHC&&HKNVGT6JKUHKNVGTVTCRUUQNKFRCTVKENGUFQYPVQOKETQPYKVJOCZQKNECTT[
QXGTQHOIO+HQKNXCRQWTUCPFQFQWTUCTGWPFGUKTCDNGC3&V[RGHKNVGTUJQWNFDGKPUVCNNGF
FQYPUVTGCOQHVJG2&HKNVGT
+VKUTGEQOOGPFGFVQRTQXKFGD[RCUURKRGUCPFXCNXGUCETQUUVJGHKNVGTUKPQTFGTVQKUQNCVGVJG
HKNVGTUFWTKPIOCKPVGPCPEGYKVJQWVFKUVWTDKPIVJGEQORTGUUQT
 5CHGV[XCNXG


+PUVTWEVKQPOCPWCN

 'NGEVTKECNEQPPGEVKQPU

'NGEVTKECNEQPPGEVKQPU


+PUVTWEVKQPOCPWCN


 %WUVQOGTʼnUKPUVCNNCVKQP

 1RVKQP

 &T[GT

 (CPOQVQTQKNEQQNGT
ENQEMYKUGTQVCVKQP

 (CPOQVQTCHVGTEQQNGT
EQWPVGTENQEMYKUGTQVCVKQP

 5WRRN[QHFT[GT

 #NNQVJGTXQNVCIGU

%QPPGEVKQP
 2TQXKFGCPKUQNCVKPIUYKVEJ
 %JGEMVJCVVJGOQVQTECDNGUCPFYKTGUKPUKFGVJGGNGEVTKEECDKPGVCTGENCORGFVKIJVVQVJGKT
VGTOKPCNU
 %JGEMVJGHWUGU5GGUGEVKQP5GVVKPIUQHHWUGU
 %QPPGEVVJGRQYGTUWRRN[ECDNGUVQVGTOKPCNU
CPF QPEQPVCEVQT
- 
 %QPPGEVVJGGCTVJEQPFWEVQTVQVJGGCTVJDQNV
2' 

 2KEVQITCRJU

'ZRNCPCVKQPQHRKEVQITCRJU

4GHGTGPEG &GUKIPCVKQP
 5YKVEJQHHVJGXQNVCIGCPFFGRTGUUWTK\GVJGEQORTGUUQTDGHQTGUVCTVKPI
OCKPVGPCPEGQTTGRCKTU
 -GGRVJGFQQTUENQUGFFWTKPIQRGTCVKQP
 5YKVEJQHHVJGXQNVCIGDGHQTGTGOQXKPIRTQVGEVKPIEQXGTKPUKFGGNGEVTKEEWDKENG
 /CPWCNEQPFGPUCVGFTCKP
 #WVQOCVKEEQPFGPUCVGFTCKP
 5VQRVJGEQORTGUUQTDGHQTGENGCPKPIVJGEQQNGTU
 .KIJVN[QKNVJGICUMGVQHVJGQKNHKNVGTUETGYVJGHKNVGTQPCPFVKIJVGPD[JCPF

CRRTQZJCNHCVWTP


+PUVTWEVKQPOCPWCN

4GHGTGPEG &GUKIPCVKQP
 9CTPKPIXQNVCIG
 %QPUWNVKPUVTWEVKQPDQQMDGHQTGITGCUKPI
 $GHQTGEQPPGEVKPIVJGEQORTGUUQTGNGEVTKECNN[EQPUWNVVJG+PUVTWEVKQPDQQMHQTVJG
OQVQTTQVCVKQPFKTGEVKQP
 %QORTGUUQTTGOCKPURTGUUWTK\GFHQTUGEQPFUCHVGTUYKVEJKPIQHHVJGXQNVCIG
 6QTSWGUHQTUVGGN
(G QTDTCUU
%W<P DQNVU
 5YKVEJQHHVJGXQNVCIGCPFYCKVCVNGCUVOKPWVGUDGHQTGTGOQXKPIVJGUETGGP


+PUVTWEVKQPOCPWCN

 1RGTCVKPIKPUVTWEVKQPU

 $GHQTGKPKVKCNUVCTVWR

5CHGV[

6JGQRGTCVQTOWUVCRRN[CNNTGNGXCPVUCHGV[RTGECWVKQPUKPENWFKPIVJQUGOGPVKQPGFKP
VJKUDQQM

#NVKVWFGQRGTCVKQP
%QPUWNV#VNCU%QREQKHQRGTCVKPICDQXGO
HV 

/QXKPINKHVKPI
5GGUGEVKQP+PUVCNNCVKQPRTQRQUCN

 +PKVKCNUVCTVWR

5CHGV[

6JGQRGTCVQTOWUVCRRN[CNNTGNGXCPV5CHGV[RTGECWVKQPU#NUQEQPUWNVUGEVKQP2TQDNGO
UQNXKPI

2TQEGFWTG

(QTVJGRQUKVKQPQHVJGCKTQWVNGVXCNXGCPFVJGFTCKPEQPPGEVKQPUUGGUGEVKQPU
+PVTQFWEVKQPCPF%QPFGPUCVGU[UVGO


+PUVTWEVKQPOCPWCN

6TCPURQTVHKZVWTGU

/QVQTFKTGEVKQPCTTQY


+PUVTWEVKQPOCPWCN

2QUKVKQPQHQKNNGXGNUKIJVINCUU


+PUVTWEVKQPOCPWCN

'NGEVTKEECDKPGVV[RKECNGZCORNG

 %QPUWNVVJGUGEVKQPU'NGEVTKEECDNGUK\G+PUVCNNCVKQPRTQRQUCNCPF&KOGPUKQPFTCYKPIU
 6JGHQNNQYKPIVTCPURQTVHKZVWTGURCKPVGFTGFOWUVDGTGOQXGF
Ő $QNVU

Ő $WUJGU

 %JGEMVJCVVJGGNGEVTKECNEQPPGEVKQPUEQTTGURQPFVQVJGNQECNEQFGUCPFVJCVCNNYKTGUCTG
ENCORGFVKIJVVQVJGKTVGTOKPCNU
6JGKPUVCNNCVKQPOWUVDGGCTVJGFCPFRTQVGEVGFCICKPUVUJQTVEKTEWKVUD[HWUGUQHVJGKPGTVV[RGKP
CNNRJCUGU#PKUQNCVKPIUYKVEJOWUVDGKPUVCNNGFPGCTVJGEQORTGUUQT
 %JGEMVJGXQNVCIGUGNGEVKPIYKTGUCVVJGRTKOCT[UKFGQHVTCPUHQTOGTU
Ő 6
Ő 6
1P(WNN(GCVWTGWPKVU
 (KVVJGCKTQWVNGVXCNXG
#8 UGGUGEVKQP+PVTQFWEVKQPHQTVJGRQUKVKQPQHVJGXCNXG
%NQUGVJGXCNXG
%QPPGEVVJGCKTPGVVQVJGXCNXG
1PEQORTGUUQTUGSWKRRGFYKVJCFT[GTD[RCUUHKVVJGCKTQWVNGVXCNXGVQVJGFT[GTD[RCUURKRG


+PUVTWEVKQPOCPWCN

 (KVVJGOCPWCNEQPFGPUCVGFTCKPXCNXG
&O 
%NQUGVJGXCNXG
 %QPPGEVVJGOCPWCNCPFCWVQOCVKEEQPFGPUCVGFTCKPQWVNGVUVQCFTCKPEQNNGEVQT5GGUGEVKQP
%QPFGPUCVGU[UVGO
6JGFTCKPRKRGUVQVJGFTCKPEQNNGEVQTOWUVPQVFKRKPVQVJGYCVGT(QTFTCKPKPIQHRWTG
EQPFGPUCVGYCVGTKPUVCNNCPQKNYCVGTUGRCTCVQTYJKEJKUCXCKNCDNGHTQO#VNCU%QREQCUCP
QRVKQPUGGUGEVKQP15&WPKV+HVJGRKRGUJCXGDGGPHKVVGFQWVUKFGVJGTQQOYJGTGHTGG\KPIKU
RQUUKDNGVJG[OWUVDGKPUWNCVGF
 %JGEMVJGQKNNGXGN
)N 
6JGQKNNGXGNUKIJVINCUUUJQWNFDGDGVYGGPCPFHWNN
 2TQXKFGNCDGNUYCTPKPIVJGQRGTCVQTVJCV
Ő 6JGEQORTGUUQTOC[CWVQOCVKECNN[TGUVCTVCHVGTXQNVCIGHCKNWTG
KHCEVKXCVGFEQPUWNV#VNCU
%QREQ 
Ő 6JGEQORTGUUQTKUCWVQOCVKECNN[EQPVTQNNGFCPFOC[DGTGUVCTVGFCWVQOCVKECNN[
Ő 6JGEQORTGUUQTOC[DGTGOQVGN[EQPVTQNNGF
 5YKVEJQPVJGXQNVCIG5VCTVVJGEQORTGUUQTCPFUVQRKVKOOGFKCVGN[
%JGEMVJGTQVCVKQPFKTGEVKQPQHVJGFTKXGOQVQT
/ YJKNGVJGOQVQTKUEQCUVKPIVQCUVQR
6JGEQTTGEVTQVCVKQPFKTGEVKQPQHVJGFTKXGOQVQTKUENQEMYKUGYJGPHCEKPIVJGPQPFTKXGGPFQH
VJGOQVQTCPFKUKPFKECVGFD[CPCTTQY
 %JGEMCNUQVJCVVJGHCPOQVQTUCTGDNQYKPIEQQNKPI
CKTVJTQWIJVJGTQQHQHVJGEQORTGUUQT
+HVJGTQVCVKQPFKTGEVKQPQHVJGFTKXGOQVQTKUKPEQTTGEVUYKVEJQHHVJGXQNVCIGCPFTGXGTUGVYQ
KPEQOKPIGNGEVTKENKPGU
 %JGEMVJGRTQITCOOGFUGVVKPIU%QPUWNVUGEVKQP2TQITCOOCDNGUGVVKPIU
 5VCTVCPFTWPVJGEQORTGUUQTHQTCHGYOKPWVGU%JGEMVJCVVJGEQORTGUUQTQRGTCVGUPQTOCNN[

 $GHQTGUVCTVKPI

2TQEGFWTG

 %JGEMVJGQKNNGXGNVQRWRKHPGEGUUCT[5GGUGEVKQP+PKVKCNUVCTVWR

 5VCTVKPI

2TQEGFWTG

(QTVJGRQUKVKQPQHVJGCKTQWVNGVXCNXGCPFVJGFTCKPEQPPGEVKQPUUGGUGEVKQPU
+PVTQFWEVKQPCPF%QPFGPUCVGU[UVGO


+PUVTWEVKQPOCPWCN

%QPVTQNRCPGN

 5YKVEJQPVJGXQNVCIG%JGEMVJCVXQNVCIGQP.'&
 NKIJVUWR6JGOGUUCIGň%QORTGUUQT1HHʼn
CRRGCTU
 1RGPCKTQWVNGVXCNXG
#8 
 %NQUGEQPFGPUCVGFTCKPXCNXG
&O 
 2TGUUUVCTVDWVVQP
 QPVJGEQPVTQNRCPGN6JGEQORTGUUQTUVCTVUTWPPKPICPFVJGCWVQOCVKE
QRGTCVKQP.'&
 NKIJVUWR

 &WTKPIQRGTCVKQP

2TQEGFWTG

+PQTFGTVQGPUWTGUWHHKEKGPVOQVQTEQQNKPIVJGFQQTUOWUVDGENQUGFFWTKPIQRGTCVKQP
CPFOC[DGQRGPGFHQTUJQTVRGTKQFUQPN[VQECTT[QWVEJGEMU

9JGPVJGOQVQTUCTGUVQRRGFCPF.'&
 KUCNKIJVVJGOQVQTUOC[UVCTV
CWVQOCVKECNN[

%QPVTQNRCPGN


+PUVTWEVKQPOCPWCN

2QUKVKQPQHQKNNGXGNUKIJVINCUU

4GIWNCTN[EJGEMVJGQKNNGXGN6JTGGOKPWVGUCHVGTUVQRRKPIUKIJVINCUU
)N UJQWNFDGDGVYGGPCPF
HWNN9CKVWPVKNVJGEQORTGUUQTJCUUVQRRGF
UGEQPFU FGRTGUUWTKUGVJGQKNU[UVGOD[WPUETGYKPI
QKNHKNNGTRNWI
(% QPGVWTPCPFYCKVCHGYOKPWVGU4GOQXGVJGRNWICPFVQRWRQKNWPVKNVJGUKIJVINCUU
KUHWNN(KVCPFVKIJVGPVJGRNWI
(% 
9JGPCWVQOCVKEQRGTCVKQP.'&
 KUNKVVJGTGIWNCVQTKUCWVQOCVKECNN[EQPVTQNNKPIVJGEQORTGUUQTKG
NQCFKPIWPNQCFKPIUVQRRKPIQHVJGOQVQTUCPFTGUVCTVKPI
4GIWNCTN[EJGEMVJCVEQPFGPUCVGKUFKUEJCTIGFFWTKPIQRGTCVKQP5GGUGEVKQP%QPFGPUCVGU[UVGOCPFKP
ECUGQHCP15&CNUQEJGEMVJGNGXGNKPVJGQKNEQNNGEVQTUGGUGEVKQP15&/CKPVGPCPEGCPFQRGTCVKPI
KPUVTWEVKQP6JGCOQWPVQHEQPFGPUCVGFGRGPFUQPGPXKTQPOGPVCNCPFYQTMKPIEQPFKVKQPU
1P6CPMOQWPVGFEQORTGUUQTUFTCKPVJGEQPFGPUCVGTGIWNCTN[UVQRVJGEQORTGUUQTUYKVEJQHHVJG
XQNVCIGENQUGCKTQWVNGVXCNXG
#8 CPFQRGPVJGFTCKPXCNXGHQTCHGYUGEQPFU5GGUGEVKQP+PVTQFWEVKQP
CPF%QPFGPUCVGU[UVGOHQTVJGNQECVKQPQHVJGXCNXGU


+PUVTWEVKQPOCPWCN

 %JGEMKPIVJGFKURNC[

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 ENQUGVJGCKTQWVNGVXCNXGCPFQRGPVJGOCPWCNFTCKP
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 CPFTGOGF[VJGVTQWDNGKHCNCTO.'&
 KUCNKIJVQTDNKPMU5GGUGEVKQP
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 YKNNUJQYCUGTXKEGOGUUCIGKHCUGTXKEGRNCPKPVGTXCNJCUDGGPGZEGGFGFQTKHCUGTXKEG
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 QPVJG/CKPUETGGPVQECNNWRKPHQTOCVKQPCDQWVVJGCEVWCN
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 5VQRRKPI

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 1RGPEQPFGPUCVGFTCKPXCNXG
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 5VQRVJGEQORTGUUQTRTGUUVJGGOGTIGPE[UVQRDWVVQPCPFENQUGVJGCKTQWVNGV
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 5YKVEJQHHVJGXQNVCIGCPFFKUEQPPGEVVJGEQORTGUUQTHTQOVJGOCKPU
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 5JWVQHHCPFFGRTGUUWTK\GVJGRCTVQHVJGCKTPGVYJKEJKUEQPPGEVGFVQVJGQWVNGV
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 &TCKPVJGQKN
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 2TGXGPVKXGOCKPVGPCPEGUEJGFWNG

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XCNXG
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5GTXKEGMKVU
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KPVGTXCNUFGRGPFKPIQPVJGGPXKTQPOGPVCNCPFYQTMKPIEQPFKVKQPUQHVJGEQORTGUUQT
6JGNQPIGTKPVGTXCNEJGEMUOWUVCNUQKPENWFGVJGUJQTVGTKPVGTXCNEJGEMU

5GTXKEGRNCPU
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JWOKFKV[QTEQQNKPICKTEQPUWNV[QWT#VNCU%QREQ%WUVQOGT%GPVTG
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 &TKXGOQVQT

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0GXGTOKZITGCUGUQHFKHHGTGPVDTCPFUQTV[RGU

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CKTKUDNQYPQHHXKCVJGUQNGPQKFXCNXG
#HVGTECTT[KPIQWVCNNUGTXKEGCEVKQPUKPVJGTGNGXCPVň5GTXKEG2NCPʼnTGUGVVJGUGTXKEGYCTPKPIUGGUGEVKQP
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 1KNURGEKHKECVKQPU

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4GOCTM

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 1KNCPFQKNHKNVGTEJCPIG

9CTPKPI

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 4WPVJGEQORTGUUQTWPVKNYCTO5VQRVJGEQORTGUUQTCHVGTOKPWVGUQHTWPPKPICVOKPKOWO
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FGRTGUUWTKUGD[WPUETGYKPIQKNHKNNGTRNWI
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 4GOQXGQKNFTCKPRNWI
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8F %NQUGVJGXCNXGCPFHKVVJG
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 %QNNGEVVJGQKNKPCEQNNGEVQTCPFFGNKXGTKVVQVJGNQECNEQNNGEVKQPUGTXKEG4GHKVCPFVKIJVGPVJG
FTCKPRNWICHVGTFTCKPKPI
 4GOQXGVJGQKNHKNVGT
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 4GOQXGHKNNGTRNWI
(% 
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16 YKVJQKNWPVKNVJGNGXGNTGCEJGUVJGOKFFNGQHUKIJVINCUU
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6CMGECTGVJCVPQFKTVFTQRUKPVQVJGU[UVGO4GHKVCPFVKIJVGPHKNNGTRNWI
(% 
 4WPVJGEQORTGUUQTCVOKPKOWOURGGFHQTCHGYOKPWVGU5VQRVJGEQORTGUUQTCPFYCKVC
HGYOKPWVGUVQCNNQYVJGQKNVQUGVVNG
 &GRTGUUWTKUGVJGU[UVGOD[WPUETGYKPIHKNNGTRNWI
(% LWUVQPGVWTPVQRGTOKVCP[RTGUUWTGKP
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)N KUHWNN
6KIJVGPVJGHKNNGTRNWI
 4GUGVVJGUGTXKEGVKOGTCHVGTECTT[KPIQWVCNNUGTXKEGCEVKQPUKPVJGTGNGXCPVň5GTXKEG2NCPʼn
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 5VQTCIGCHVGTKPUVCNNCVKQP

2TQEGFWTG
4WPVJGEQORTGUUQTGIVYKEGCYGGMWPVKNYCTO

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 5GTXKEGMKVU

&GUETKRVKQP
5GTXKEGMKVUCTGCXCKNCDNGQHHGTKPIVJGDGPGHKVQHIGPWKPG#VNCU%QREQRCTVUYJKNGMGGRKPIVJG
OCKPVGPCPEGDWFIGVNQY6JGMKVUEQORTKUGCNNRCTVUPGGFGFHQTUGTXKEKPI

5GTXKEGMKVHQTQKNHKNVGTUCPFCKTHKNVGTU

5GTXKEGMKVHQTQKNHKNVGTUCPFCKTHKNVGTU 1TFGTKPIPWODGT
)#85& 

5GTXKEGMKVUHQTVJGQKNUGRCTCVQT

5GTXKEGMKVUHQTVJGQKNUGRCTCVQT 1TFGTKPIPWODGT
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XCNXG

/QVQTITGCUG

1TFGTKPIPWODGT
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#VNCU%QREQ4QVQ+PLGEV(NWKF
#NUQEQPUWNVUGEVKQP1KNURGEKHKECVKQPU

1TFGTKPIPWODGT
NKVTGECP
75ICN+ORICN 
NKVTGECP
75ICN+ORICN 
NKVTGFTWO
75ICN+ORICN 

#VNCU%QREQ4QVQ:VGPF&WV[(NWKF
#NUQEQPUWNVUGEVKQP1KNURGEKHKECVKQPU


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1TFGTKPIPWODGT
NKVTGECP
75ICN+ORICN 
NKVTGECP
75ICN+ORICN 
NKVTGFTWO
75ICN+ORICN 

#VNCU%QREQ4QVQ(QQFITCFG(NWKF
#NUQEQPUWNVUGEVKQP1KNURGEKHKECVKQPU

1TFGTKPIPWODGT
NKVTGECP
75ICN+ORICN 
NKVTGFTWO
75ICN+ORICN 


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 #FLWUVOGPVUCPFUGTXKEKPIRTQEGFWTGU

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 5VQRVJGEQORTGUUQTCPFENQUGVJGCKTQWVNGVXCNXG5YKVEJQHHVJGXQNVCIG
 4GOQXGVJGEQXGTQHCKTHKNVGT
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PGEGUUCT[ENGCPVJGEQXGT
 (KVVJGPGYGNGOGPVCPFVJGEQXGT
 #HVGTECTT[KPIQWVCNNUGTXKEGCEVKQPUKPVJGTGNGXCPVň5GTXKEG2NCPʼnTGUGVVJGUGTXKEGYCTPKPIUGG
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 %QQNGTU

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Ő 5VQRVJGEQORTGUUQTENQUGVJGCKTQWVNGVXCNXGCPFUYKVEJQHHVJGXQNVCIG
Ő 4GOQXGCP[FKTVHTQOVJGEQQNGTUYKVJCHKDTGDTWUJ0GXGTWUGCYKTGDTWUJQTOGVCNQDLGEVU
Ő 6JGPENGCPYKVJCPCKTLGVKPVJGTGXGTUGFKTGEVKQPVQPQTOCNHNQY
Ő +HKVKUPGEGUUCT[VQYCUJVJGEQQNGTUYKVJCENGCPKPICIGPVEQPUWNV#VNCU%QREQ


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 5CHGV[XCNXGU

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1P6CPMOQWPVGFEQORTGUUQTUCNUQQRGTCVGUCHGV[XCNXG
58 D[WPUETGYKPIVJGECRQPGQTVYQ
VWTPUCPFTGVKIJVGPKPIKV

6GUVKPI

$GHQTGTGOQXKPIVJGXCNXGUUVQRCPFFGRTGUUWTKUGVJGEQORTGUUQT5GGUGEVKQP
2TQDNGOUQNXKPI

8CNXG
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8CNXG
58 KUHKVVGFQP6CPMOQWPVGFXGTUKQPU6JGXCNXGECPDGVGUVGFQPCUGRCTCVGCKTNKPG+HVJG
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9CTPKPI
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 2TQDNGOUQNXKPI

 2TQDNGOUQNXKPI

9CTPKPI

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CPFUYKVEJQHHVJGXQNVCIG
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CHVGTEQORNGVKPIVJGYQTM
(QTNQECVKQPQHEQORQPGPVUUGGUGEVKQPU
Ő +PVTQFWEVKQP
Ő %QPFGPUCVGU[UVGO
Ő +PKVKCNUVCTVWR
1RGPCPFNQEMVJGKUQNCVKPIUYKVEJ
6JGCKTQWVNGVXCNXGECPDGNQEMGFFWTKPIOCKPVGPCPEGQTTGRCKTCUHQNNQYU
Ő %NQUGVJGXCNXG
Ő 4GOQXGVJGUETGYHKZKPIVJGJCPFNGYKVJVJGYTGPEJFGNKXGTGFYKVJVJG
EQORTGUUQT
Ő .KHVVJGJCPFNGCPFVWTPKVWPVKNVJGUNQVQHVJGJCPFNGHKVUQXGTVJGDNQEMKPIGFIG
QPVJGXCNXGDQF[
Ő (KVVJGUETGY
6JGQRGTCVQTOWUVCRRN[CNNTGNGXCPV5CHGV[RTGECWVKQPU

$GHQTGOGEJCPKECNOCKPVGPCPEG

1RGPVJGOCPWCNEQPFGPUCVGFTCKPXCNXGCPFYCKVHQTCVNGCUVUGEQPFU
VKOG
PGGFGFHQTVJGEQORTGUUQTVQFGRTGUUWTK\G 
(QTNQECVKQPQHEQORQPGPVUUGGUGEVKQP%QPFGPUCVGU[UVGO

$GHQTGGNGEVTKECNOCKPVGPCPEG

9CKVHQTCVNGCUVOKPWVGUDGHQTGUVCTVKPICP[GNGEVTKECNTGRCKTUCUJC\CTQWUJKIJ
XQNVCIGTGOCKPUQPVJGEQPFGPUGTUQHVJGUVCTVCPFURGGFTGIWNCVKQPWPKVHQT
OKPWVGUCHVGTUYKVEJKPIQHHVJGXQNVCIG

(CWNVUCPFTGOGFKGU
+HVJGCNCTO.'&KUNKVQTHNCUJGUEQPUWNVUGEVKQPU5VCVWUFCVCOGPWCPF5GTXKEGOGPW

 %QPFKVKQP (CWNV 4GOGF[


%QPFGPUCVGKUPQVFKUEJCTIGF &KUEJCTIGHNGZKDNGENQIIGF %JGEMCPFEQTTGEVCU
HTQOEQPFGPUCVGUGRCTCVQT PGEGUUCT[
FWTKPINQCFKPI
(NQCVXCNXGOCNHWPEVKQPKPI 4GOQXGHNQCVXCNXG
CUUGODN[ENGCPCPFEJGEM


+PUVTWEVKQPOCPWCN

 %QPFKVKQP (CWNV 4GOGF[


%QORTGUUQTCKTQWVRWVQT #KTEQPUWORVKQPGZEGGFUCKT %JGEMGSWKROGPVEQPPGEVGF
RTGUUWTGDGNQYPQTOCN FGNKXGT[QHEQORTGUUQT
%JQMGFCKTHKNVGTGNGOGPV 4GRNCEGHKNVGTGNGOGPV
5QNGPQKFXCNXGOCNHWPEVKQPKPI 4GRNCEGXCNXG
1KNUGRCTCVQTENQIIGF *CXGGNGOGPVTGRNCEGF
#KTNGCMCIG *CXGNGCMUTGRCKTGF
5CHGV[XCNXGNGCMKPI *CXGXCNXGTGRNCEGF
%QORTGUUQTGNGOGPVQWVQH %QPUWNV#VNCU%QREQ
QTFGT %WUVQOGT%GPVTG

 %QPFKVKQP (CWNV 4GOGF[


5CHGV[XCNXGDNQYU /KPKOWORTGUUWTGXCNXG %JGEMCPFJCXGFGHGEVKXG
OCNHWPEVKQPKPI RCTVUTGRNCEGF
1KNUGRCTCVQTENQIIGF 4GRNCEGUGRCTCVQT
5CHGV[XCNXGQWVQHQTFGT *CXGXCNXGEJGEMGF
4GRNCEGKHPGEGUUCT[
1P(WNN(GCVWTGEQORTGUUQTU *CXGU[UVGOEJGEMGFD[
FT[GTRKRKPIENQIIGFFWGVQ #VNCU%QREQ%WUVQOGT
HQTOCVKQPQHKEG %GPVTG

 %QPFKVKQP (CWNV 4GOGF[


%QORTGUUQTGNGOGPVQWVNGV 1KNNGXGNVQQNQY %JGEMCPFEQTTGEV
VGORGTCVWTGQTFGNKXGT[CKT
VGORGTCVWTGCDQXGPQTOCN
+PUWHHKEKGPVEQQNKPICKTQT %JGEMHQTEQQNKPICKT
EQQNKPICKTVGORGTCVWTGVQQJKIJ TGUVTKEVKQPQTKORTQXG
XGPVKNCVKQPQHVJG
EQORTGUUQTTQQO#XQKF
TGEKTEWNCVKPIQHEQQNKPICKT+H
KPUVCNNGFEJGEMECRCEKV[QH
EQORTGUUQTTQQOHCP
1KNEQQNGTENQIIGF %NGCPEQQNGT
$[RCUUXCNXGOCNHWPEVKQPKPI *CXGXCNXGVGUVGF
#KTEQQNGTENQIIGF %NGCPEQQNGT
%QORTGUUQTGNGOGPVQWVQH %QPUWNV#VNCU%QREQ
QTFGT %WUVQOGT%GPVTG


+PUVTWEVKQPOCPWCN

 6GEJPKECNFCVC

 4GCFKPIUQPFKURNC[

&KURNC[QH'NGMVTQPKMQPTGIWNCVQT

'NGMVTQPKMQP++TGIWNCVQT

+ORQTVCPV

6JGTGCFKPIUOGPVKQPGFDGNQYCTGXCNKFWPFGTVJGTGHGTGPEGEQPFKVKQPU
UGGUGEVKQP
4GHGTGPEGEQPFKVKQPUCPFNKOKVCVKQPU 

4GHGTGPEG 4GCFKPI
#KTQWVNGVRTGUUWTG &GRGPFUQPVJGUGVRQKPV
FGUKTGFPGVRTGUUWTG 
%QORTGUUQTGNGOGPV #RRTQZu%
u( CDQXGCODKGPVVGORGTCVWTG
QWVNGVVGORGTCVWTG
&GYRQKPVVGORGTCVWTG #RRTQZu%
u( 

 'NGEVTKEECDNGUK\G

#VVGPVKQP

.QECNTGIWNCVKQPUTGOCKPCRRNKECDNGKHVJG[CTGUVTKEVGTVJCPVJGXCNWGURTQRQUGF
DGNQY
6JGXQNVCIGFTQROWUVPQVGZEGGFQHVJGPQOKPCNXQNVCIG+VOC[DGPGEGUUCT[
VQWUGECDNGUQHCNCTIGTUK\GVJCPVJQUGUVCVGFVQEQORN[YKVJVJKUTGSWKTGOGPV


+PUVTWEVKQPOCPWCN

%CDNGUK\G

)#85& )#85&
(TGSWGPE[ 8QNVCIG %CDNGUK\G %CDNGUK\G

*\
8
+'% OO OO
   
   
%5#7. #9) #9)
  #9) #9)

 5GVVKPIUHQTHWUGU

5GVVKPIUHQTHWUGU

)#85& )#85&
(TGSWGPE[ 8QNVCIG (WUGU (WUGU

*\
8
#
#
+'% I.I) I.I)
   
   
%5#7. %5#*4%(QTO++7.%NCUU %5#*4%(QTO++7.%NCUU
   

 4GHGTGPEGEQPFKVKQPUCPFNKOKVCVKQPU

4GHGTGPEGEQPFKVKQPU

#KTKPNGVRTGUUWTG
CDUQNWVG DCT 
#KTKPNGVRTGUUWTG
CDUQNWVG RUK 
#KTKPNGVVGORGTCVWTG u% 
#KTKPNGVVGORGTCVWTG u( 
4GNCVKXGJWOKFKV[  
9QTMKPIRTGUUWTGHQT)#85& 5GGUGEVKQP%QORTGUUQTFCVCHQT
)#85&


+PUVTWEVKQPOCPWCN

.KOKVU

/CZKOWOYQTMKPIRTGUUWTGHQT)#85& 5GGUGEVKQP%QORTGUUQTFCVCHQT
)#85&
/KPKOWOYQTMKPIRTGUUWTG DCT
G 
/KPKOWOYQTMKPIRTGUUWTG RUKI 
/CZKOWOCKTKPNGVVGORGTCVWTG u% 
/CZKOWOCKTKPNGVVGORGTCVWTG u( 
/KPKOWOCKTKPNGVVGORGTCVWTG u% 
/KPKOWOCKTKPNGVVGORGTCVWTG u( 

 %QORTGUUQTFCVCHQT)#85&

0QVG

#NNFCVCURGEKHKGFDGNQYCTGXCNKFCVTGHGTGPEGEQPFKVKQPUUGGUGEVKQP4GHGTGPEG
EQPFKVKQPUCPFNKOKVCVKQPU

)#85&

7PKV DCT DCT DCT DCT


(TGSWGPE[ *\    
   
0WODGTQHEQORTGUUKQPUVCIGU    
0QTOCNGHHGEVKXGYQTMKPIRTGUUWTG DCT
G    
0QTOCNGHHGEVKXGYQTMKPIRTGUUWTG RUKI    
/CZKOWOGHHGEVKXGYQTMKPIRTGUUWTG DCT
G    
9QTMRNCEG
/CZKOWOGHHGEVKXGYQTMKPIRTGUUWTG RUKI    
9QTMRNCEG
/CZKOWOGHHGEVKXGYQTMKPIRTGUUWTG DCT
G    
9QTMRNCEG(WNN(GCVWTG
/CZKOWOGHHGEVKXGYQTMKPIRTGUUWTG RUKI    
9QTMRNCEG(WNN(GCVWTG
/CZKOWOOQVQTUJCHVURGGF TRO    
/KPKOWOOQVQTUJCHVURGGF TRO    
6GORGTCVWTGQHCKTNGCXKPIQWVNGVXCNXG u%    

CRRTQZ 9QTMRNCEG
6GORGTCVWTGQHCKTNGCXKPIQWVNGVXCNXG u(    

CRRTQZ 9QTMRNCEG
6GORGTCVWTGQHCKTNGCXKPIQWVNGVXCNXG u%    

CRRTQZ 9QTMRNCEG(WNN(GCVWTG
6GORGTCVWTGQHCKTNGCXKPIQWVNGVXCNXG u(    

CRRTQZ 9QTMRNCEG(WNN(GCVWTG


+PUVTWEVKQPOCPWCN

7PKV DCT DCT DCT DCT


2QYGTKPRWV9QTMRNCEG M9    
2QYGTKPRWV9QTMRNCEG JR    
2QYGTKPRWV9QTMRNCEG(WNN(GCVWTG M9    
2QYGTKPRWV9QTMRNCEG(WNN(GCVWTG JR    
4GHTKIGTCPVV[RG9QTMRNCEG(WNN 4C 4C 4C 4C
(GCVWTG
6QVCNCOQWPV
TGHTKIGTCPV 9QTMRNCEG MI    
(WNN(GCVWTG
6QVCNCOQWPV
TGHTKIGTCPV 9QTMRNCEG ND    
(WNN(GCVWTG
1KNECRCEKV[CRRTQZ N    
1KNECRCEKV[CRRTQZ 75ICN    
1KNECRCEKV[CRRTQZ +ORICN    
1KNECRCEKV[CRRTQZ EWHV    
5QWPFRTGUUWTGNGXGN9QTMRNCEGCPF F$
#    
9QTMRNCEG(WNN(GCVWTG
CEEQTFKPIVQ
+51


)#85&DCT

7PKV DCT DCT DCT DCT


(TGSWGPE[ *\    
   
0WODGTQHEQORTGUUKQPUVCIGU    
0QTOCNGHHGEVKXGYQTMKPIRTGUUWTG DCT
G    
0QTOCNGHHGEVKXGYQTMKPIRTGUUWTG RUKI    
/CZKOWOGHHGEVKXGYQTMKPIRTGUUWTG DCT
G    
9QTMRNCEG
/CZKOWOGHHGEVKXGYQTMKPIRTGUUWTG RUKI    
9QTMRNCEG
/CZKOWOGHHGEVKXGYQTMKPIRTGUUWTG DCT
G    
9QTMRNCEG(WNN(GCVWTG
/CZKOWOGHHGEVKXGYQTMKPIRTGUUWTG RUKI    
9QTMRNCEG(WNN(GCVWTG
/CZKOWOOQVQTUJCHVURGGF TRO    
/KPKOWOOQVQTUJCHVURGGF TRO    
6GORGTCVWTGQHCKTNGCXKPIQWVNGVXCNXG u%    

CRRTQZ 9QTMRNCEG
6GORGTCVWTGQHCKTNGCXKPIQWVNGVXCNXG u(    

CRRTQZ 9QTMRNCEG
6GORGTCVWTGQHCKTNGCXKPIQWVNGVXCNXG u%    

CRRTQZ 9QTMRNCEG(WNN(GCVWTG
6GORGTCVWTGQHCKTNGCXKPIQWVNGVXCNXG u(    

CRRTQZ 9QTMRNCEG(WNN(GCVWTG
2QYGTKPRWV9QTMRNCEG
*\  M9    


+PUVTWEVKQPOCPWCN

7PKV DCT DCT DCT DCT


2QYGTKPRWV9QTMRNCEG
*\ JR    
2QYGTKPRWV9QTMRNCEG
*\  M9    
2QYGTKPRWV9QTMRNCEG
*\ JR    
2QYGTKPRWV9QTMRNCEG(WNN(GCVWTG M9    

*\
2QYGTKPRWV9QTMRNCEG(WNN(GCVWTG JR    

*\
2QYGTKPRWV9QTMRNCEG(WNN(GCVWTG M9    

*\
2QYGTKPRWV9QTMRNCEG(WNN(GCVWTG JR    

*\
4GHTKIGTCPVV[RG9QTMRNCEG(WNN 4C 4C 4C 4C
(GCVWTG
6QVCNCOQWPV
TGHTKIGTCPV 9QTMRNCEG MI    
(WNN(GCVWTG
6QVCNCOQWPV
TGHTKIGTCPV 9QTMRNCEG ND    
(WNN(GCVWTG
1KNECRCEKV[CRRTQZ N    
1KNECRCEKV[CRRTQZ 75ICN    
1KNECRCEKV[CRRTQZ +ORICN    
1KNECRCEKV[CRRTQZ EWHV    
5QWPFRTGUUWTGNGXGN9QTMRNCEGCPF F$
#    
9QTMRNCEG(WNN(GCVWTG
CEEQTFKPIVQ
+51


)#85&DCT

7PKV DCT DCT DCT


(TGSWGPE[ *\   
  
0WODGTQHEQORTGUUKQPUVCIGU   
0QTOCNGHHGEVKXGYQTMKPIRTGUUWTG DCT
G   
0QTOCNGHHGEVKXGYQTMKPIRTGUUWTG RUKI   
/CZKOWOGHHGEVKXGYQTMKPIRTGUUWTG DCT
G   
9QTMRNCEG
/CZKOWOGHHGEVKXGYQTMKPIRTGUUWTG RUKI   
9QTMRNCEG
/CZKOWOGHHGEVKXGYQTMKPIRTGUUWTG DCT
G   
9QTMRNCEG(WNN(GCVWTG
/CZKOWOGHHGEVKXGYQTMKPIRTGUUWTG RUKI   
9QTMRNCEG(WNN(GCVWTG
/CZKOWOOQVQTUJCHVURGGF TRO   
/KPKOWOOQVQTUJCHVURGGF TRO   
6GORGTCVWTGQHCKTNGCXKPIQWVNGVXCNXG u%   

CRRTQZ 9QTMRNCEG


+PUVTWEVKQPOCPWCN

7PKV DCT DCT DCT


6GORGTCVWTGQHCKTNGCXKPIQWVNGVXCNXG u(   

CRRTQZ 9QTMRNCEG
6GORGTCVWTGQHCKTNGCXKPIQWVNGVXCNXG u%   

CRRTQZ 9QTMRNCEG(WNN(GCVWTG
6GORGTCVWTGQHCKTNGCXKPIQWVNGVXCNXG u(   

CRRTQZ 9QTMRNCEG(WNN(GCVWTG
2QYGTKPRWV9QTMRNCEG
*\  M9   
2QYGTKPRWV9QTMRNCEG
*\ JR   
2QYGTKPRWV9QTMRNCEG
*\  M9   
2QYGTKPRWV9QTMRNCEG
*\ JR   
2QYGTKPRWV9QTMRNCEG(WNN(GCVWTG M9   

*\
2QYGTKPRWV9QTMRNCEG(WNN(GCVWTG JR   

*\
2QYGTKPRWV9QTMRNCEG(WNN(GCVWTG M9   

*\
2QYGTKPRWV9QTMRNCEG(WNN(GCVWTG JR   

*\
4GHTKIGTCPVV[RG9QTMRNCEG(WNN 4C 4C 4C
(GCVWTG
6QVCNCOQWPV
TGHTKIGTCPV 9QTMRNCEG MI   
(WNN(GCVWTG
6QVCNCOQWPV
TGHTKIGTCPV 9QTMRNCEG ND   
(WNN(GCVWTG
1KNECRCEKV[CRRTQZ N   
1KNECRCEKV[CRRTQZ 75ICN   
1KNECRCEKV[CRRTQZ +ORICN   
1KNECRCEKV[CRRTQZ EWHV   
5QWPFRTGUUWTGNGXGN9QTMRNCEGCPF F$
#   
9QTMRNCEG(WNN(GCVWTG
CEEQTFKPIVQ
+51



+PUVTWEVKQPOCPWCN

 +PUVTWEVKQPUHQTWUGQHCKTTGEGKXGT

 +PUVTWEVKQPUHQTWUG

(QT)#85&

 6JKUXGUUGNECPEQPVCKPRTGUUWTKUGFCKTVJKUECPDGRQVGPVKCNN[FCPIGTQWUKHVJG
GSWKROGPVKUOKUWUGF
 6JKUXGUUGNOWUVQPN[DGWUGFCUCEQORTGUUGFCKTQKNUGRCTCVQTCPFOWUVDGQRGTCVGF
YKVJKPVJGNKOKVUURGEKHKGFQPVJGFCVCRNCVG
 0QCNVGTCVKQPUOWUVDGOCFGVQVJKUXGUUGND[YGNFKPIFTKNNKPIQTQVJGTOGEJCPKECN
OGVJQFUYKVJQWVVJGYTKVVGPRGTOKUUKQPQHVJGOCPWHCEVWTGT
 6JGRTGUUWTGCPFVGORGTCVWTGQHVJKUXGUUGNOWUVDGENGCTN[KPFKECVGF
 6JGUCHGV[XCNXGOWUVEQTTGURQPFYKVJRTGUUWTGUWTIGUQHVKOGUVJGOCZKOWO
CNNQYCDNGQRGTCVKPIRTGUUWTG+VUJQWNFIWCTCPVGGVJCVVJGRTGUUWTGYKNNPQV
RGTOCPGPVN[GZEGGFVJGOCZKOWOCNNQYCDNGQRGTCVKPIRTGUUWTGQHVJGXGUUGN
 7UGQPN[QKNCUURGEKHKGFD[VJGOCPWHCEVWTGT
 6JGTGKUPQKPVTKPUKEPGGFHQTUGTXKEGKPURGEVKQPQHVJGXGUUGNYJGPWUGFYKVJKPVJG
FGUKIPNKOKVUHQTKVUKPVGPFGFCRRNKECVKQP

(QT6CPMOQWPVGF)#85&WPKVUCNUQ

 %QTTQUKQPOWUVDGRTGXGPVGFWPFGTVJGEQPFKVKQPUQHWUG%QPFGPUCVKQPOC[
CEEWOWNCVGKPUKFGVJGVCPMCPFVJKUOWUVDGFTCKPGFGXGT[FC[6JKUOC[DGFQPG
OCPWCNN[D[QRGPKPIVJGFTCKPXCNXGQTD[OGCPUQHVJGCWVQOCVKEFTCKPKHHKVVGFVQ
VJGVCPM


+PUVTWEVKQPOCPWCN

 2'&

 2TGUUWTGGSWKROGPVFKTGEVKXGU

%QORQPGPVUUWDLGEVVQ'%2TGUUWTG'SWKROGPV&KTGEVKXG
%QORQPGPVUUWDLGEVVQ'%2TGUUWTG'SWKROGPV&KTGEVKXGITGCVGTVJCPQTGSWCNVQECVGIQT[++

%QORTGUUQTV[RG 2CTVPWODGT &GUETKRVKQP 2'&%NCUU


)#85&  5CHGV[XCNXG +8
 5CHGV[XCNXG +8

1XGTCNNTCVKPI
(QT)#85&6JGEQORTGUUQTUEQPHQTOVQ2'&UOCNNGTVJCPECVGIQT[+


GA 11 VSD, GA 7 VSD

Instruction Book
What sets Atlas Copco apart as a company is our
conviction that we can only excel in what we do if we
provide the best possible know-how and technology to
really help our customers produce, grow and succeed.

There is a unique way of achieving that - we simply call it


the Atlas Copco way. It builds on interaction, on
long-term relationships and involvement in the customers’
process, needs and objectives. It means having the
flexibility to adapt to the diverse demands of the people
we cater for.

It’s the commitment to our customers’ business that


drives our effort towards increasing their productivity
through better solutions. It starts with fully supporting
existing products and continuously doing things better, but
it goes much further, creating advances in technology
through innovation. Not for the sake of technology, but
for the sake of our customer’s bottom line and
peace-of-mind.

That is how Atlas Copco will strive to remain the first


choice, to succeed in attracting new business and to
maintain our position as the industry leader.

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