7HUPVDQG&RQGLWLRQV

7KH FRQWHQWV RI WKH SDJHV RI WKLV FDWDORJXH DUH WKH FRS\ULJKWV RI 6$0$ .(%(/ 6'1 %+' DQG DOO ULJKWV DUH
UHVHUYHG$OORWKHULQWHOOHFWXDOSURSHUW\ULJKWVLQFOXGLQJWUDGHPDUNVVKDOOUHPDLQZLWK 6$0$ .(%(/ 6'1 %+'
7KH FRS\LQJ SXEOLVKLQJ WUDQVPLVVLRQ WR WKLUG SDUWLHV RU LQFRUSRUDWLRQ LQWR DQ\ RWKHU ZRUN RI SDUW RU DOO RI WKH
PDWHULDODYDLODEOHLQWKLVFDWDORJXHLQDQ\IRUPLVSURKLELWHG6$9(')25\RXUSHUVRQDOLQWHUQDOXVH7KHWHUPVDQG
FRQGLWLRQVDSSO\WR\RXUXVHDQG\RXUXVHRIWKLVFDWDORJXHLQGLFDWHV\RXUDFFHSWDQFHRIWKHWHUPVDQGFRQGLWLRQVRI
WKLVFDWDORJXH,I\RXGRQRWDJUHHWRWKHWHUPVDQGFRQGLWLRQV\RXPXVWQRWXVHWKLVFDWDORJXH

'LVFODLPHU

$OO LQIRUPDWLRQ SURYLGHG LQ WKLV FDWDORJXH LQFOXGLQJ EXW QRW OLPLWHG WR FKDUWV GLDJUDPV DQG GUDZLQJV HWF  LV IRU
LOOXVWUDWLRQDQGUHIHUHQFHSXUSRVHRQO\DQGLVEHOLHYHGWREHFRUUHFWDWWKHWLPHRIWKHODVWXSGDWHWRWKHUHOHYDQWSDJH
+RZHYHU 6$0$ .(%(/ 6'1 %+' PDNHV QR ZDUUDQWLHV H[SUHVV RU LPSOLHG DV WR LWV DFFXUDF\ DQG DFFHSWV QR
OLDELOLW\UHODWLQJWRLWVXVH,QWKHLQWHUHVWVRIFRQWLQXRXVSURGXFWLPSURYHPHQW 6$0$ .(%(/ 6'1 %+' UHVHUYHV
WKHULJKWWRDOWHUVSHFLILFDWLRQVRUPDWHULDOVDVDSSURSULDWH3XUFKDVHUVDUHDGYLVHGWRUHIHUWRWKHLUFRQVXOWDQWVSULRUWR
PDNLQJSXUFKDVHVLQRUGHUWRGHWHUPLQHWKHVXLWDELOLW\RILQGLYLGXDOSURGXFWVIRUVSHFLILFDSSOLFDWLRQV

&HUWLILFDWHV $SSURYDO

, 6,5,0,62&(57,),&$7(

,, 6,5,0352'8&7&(57,),&$7,21/,&(1&(

,,, 6858+$1-$<$7(1$*$$33529$/

,9 -.55(*,67(5('0$18)$&785(5

9 %20%$$33529$/&(57,),&$7(

9, 7(/(.200$/$<6,$5(*,67(5('6833/,(5

$VVRFLDWLRQ0HPEHUVKLS

6$0$.(%(/6'1%+'LVPHPEHURI

7KH0DOD\VLDQ&DEOH0DQXIDFWXUHUV$VVRFLDWLRQ 0&0$

7KH(OHFWULFDODQG(OHFWURQLFV$VVRFLDWLRQRI0DOD\VLD 7(($0
 6$0$.(%(/6'1%+' &RPSDQ\1R-+
7DEOHRI&RQWHQWV

PAGE
A. SAMA KEBEL SDN BHD Company Profile 

B. 600/1000V Non-Armoured & Armoured Power Cable

&RQVWUXFWLRQRI&DEOH91RQ-$UPRXUHG3RZHU&DEOH 
939&,QVXODWHG39&6KHDWKHG1RQ-$UPRXUHG3RZHU&DEOH 
9;/3(,QVXODWHG39&6KHDWKHG1RQ-$UPRXUHG3RZHU&DEOH 
9;/3(,QVXODWHG/6+)6KHDWKHG1RQ-$UPRXUHG3RZHU&DEOH 

&RQVWUXFWLRQRI&DEOH9$UPRXUHG3RZHU&DEOH 
939&,QVXODWHG39&6KHDWKHG$UPRXUHG3RZHU&DEOH 
9;/3(,QVXODWHG39&6KHDWKHG$UPRXUHG3RZHU&DEOH 
9;/3(,QVXODWHG/6+)6KHDWKHG$UPRXUHG3RZHU&DEOH 

C. Electric Power, Lighting & Internal Wiring PVC Insulated Cable

939&,QVXODWHG1RQ-6KHDWKHG*HQHUDO3XUSRVH&DEOH 

939&,QVXODWHG1RQ-6KHDWKHG)OH[LEOH&DEOH 

939&,QVXODWHG1RQ-6KHDWKHG6ROLG,QWHUQDO:LULQJ&DEOH 

939&,QVXODWHG1RQ-6KHDWKHG)OH[LEOH,QWHUQDO:LULQJ&DEOH 

939&,QVXODWHG39&6KHDWKHG)L[HG:LULQJ&DEOH 

939&,QVXODWHG39&6KHDWKHG/LJKW)OH[LEOH&RUG 

939&,QVXODWHG39&6KHDWKHG2UGLQDU\)OH[LEOH&RUG 

D. SAMA KEBEL FiRLL Fire Resistant Cable 

9/6+),QVXODWHG/6+)6KHDWKHG1RQ-DUPRXUHG)LUH5HVLVWDQW&DEOH 

9/6+),QVXODWHG/6+)6KHDWKHG$UPRXUHG)LUH5HVLVWDQW&DEOH 

E. Instrumentation Cable
0XOWL-FRUH2YHUDOO6FUHHQHG
&RQVWUXFWLRQRI&DEOH91RQ-$UPRXUHG0XOWL-FRUH2YHUDOO6FUHHQHG 
939&,QVXODWHG39&6KHDWKHG1RQ-$UPRXUHG,QVWUXPHQWDWLRQ&DEOH 

6LQJOH-SDLU 0XOWLSDLU2YHUDOO6FUHHQHG
&RQVWUXFWLRQRI&DEOH91RQ-$UPRXUHG6LQJOH 0XOWL-SDLU2YHUDOO6FUHHQHG 
939&,QVXODWHG39&6KHDWKHG1RQ-$UPRXUHG,QVWUXPHQWDWLRQ&DEOH 
9;/3(,QVXODWHG39&6KHDWKHG1RQ-$UPRXUHG,QVWUXPHQWDWLRQ&DEOH 

6LQJOH-WULDG 0XOWL-WULDG2YHUDOO6FUHHQHG
&RQVWUXFWLRQRI&DEOH91RQ-$UPRXUHG6LQJOH 0XOWL-WULDG2YHUDOO6FUHHQHG 
939&,QVXODWHG39&6KHDWKHG1RQ-$UPRXUHG,QVWUXPHQWDWLRQ&DEOH 
9;/3(,QVXODWHG39&6KHDWKHG1RQ-$UPRXUHG,QVWUXPHQWDWLRQ&DEOH 

0XOWLSDLU,QGLYLGXDOO\6FUHHQHG 2YHUDOO6FUHHQHG
&RQVWUXFWLRQRI&DEOH91RQ-$UPRXUHG0XOWL-SDLU,QGLYLGXDOO\ 2YHUDOO6FUHHQHG 
939&,QVXODWHG39&6KHDWKHG1RQ-$UPRXUHG,QVWUXPHQWDWLRQ&DEOH 
9;/3(,QVXODWHG39&6KHDWKHG1RQ-$UPRXUHG,QVWUXPHQWDWLRQ&DEOH 

0XOWL-WULDG,QGLYLGXDOO\6FUHHQHG 2YHUDOO6FUHHQHG
&RQVWUXFWLRQRI&DEOH91RQ-$UPRXUHG0XOWL-WULDG,QGLYLGXDOO\ 2YHUDOO6FUHHQHG 
939&,QVXODWHG39&6KHDWKHG1RQ-$UPRXUHG,QVWUXPHQWDWLRQ&DEOH 
9;/3(,QVXODWHG39&6KHDWKHG1RQ-$UPRXUHG,QVWUXPHQWDWLRQ&DEOH 
 6$0$.(%(/6'1%+' &RPSDQ\1R-+
7DEOHRI&RQWHQWV

PAGE
0XOWL-FRUH2YHUDOO6FUHHQHG
&RQVWUXFWLRQRI&DEOH9$UPRXUHG0XOWL-FRUH2YHUDOO6FUHHQHG 
939&,QVXODWHG39&6KHDWKHG$UPRXUHG,QVWUXPHQWDWLRQ&DEOH 

6LQJOH-SDLU 0XOWLSDLU2YHUDOO6FUHHQHG
&RQVWUXFWLRQRI&DEOH9$UPRXUHG6LQJOH 0XOWL-SDLU2YHUDOO6FUHHQHG 
939&,QVXODWHG39&6KHDWKHG$UPRXUHG,QVWUXPHQWDWLRQ&DEOH 
9;/3(,QVXODWHG39&6KHDWKHG$UPRXUHG,QVWUXPHQWDWLRQ&DEOH 

6LQJOH-WULDG 0XOWL-WULDG2YHUDOO6FUHHQHG
&RQVWUXFWLRQRI&DEOH9$UPRXUHG6LQJOH 0XOWL-WULDG2YHUDOO6FUHHQHG 
939&,QVXODWHG39&6KHDWKHG$UPRXUHG,QVWUXPHQWDWLRQ&DEOH 
9;/3(,QVXODWHG39&6KHDWKHG$UPRXUHG,QVWUXPHQWDWLRQ&DEOH 

0XOWLSDLU,QGLYLGXDOO\6FUHHQHG 2YHUDOO6FUHHQHG
&RQVWUXFWLRQRI&DEOH9$UPRXUHG0XOWL-SDLU,QGLYLGXDOO\ 2YHUDOO6FUHHQHG 
939&,QVXODWHG39&6KHDWKHG$UPRXUHG,QVWUXPHQWDWLRQ&DEOH 
9;/3(,QVXODWHG39&6KHDWKHG$UPRXUHG,QVWUXPHQWDWLRQ&DEOH 

0XOWL-WULDG,QGLYLGXDOO\6FUHHQHG 2YHUDOO6FUHHQHG
&RQVWUXFWLRQRI&DEOH9$UPRXUHG0XOWL-WULDG,QGLYLGXDOO\ 2YHUDOO6FUHHQHG 
939&,QVXODWHG39&6KHDWKHG$UPRXUHG,QVWUXPHQWDWLRQ&DEOH 
9;/3(,QVXODWHG39&6KHDWKHG$UPRXUHG,QVWUXPHQWDWLRQ&DEOH 

F. Switchgear and Controlgear Cable

&RQVWUXFWLRQRI&DEOH96ZLWFKJHDUDQG&RQWUROJHDU&DEOH ၨ&  
939&,QVXODWHG1RQ-6KHDWKHG&DEOH7\SH%8DQG%5 
939&,QVXODWHG1RQ-6KHDWKHG)OH[LEOH&DEOH7\SH%. 

&RQVWUXFWLRQRI&DEOH96ZLWFKJHDUDQG&RQWUROJHDU&DEOH ၨ& 
939&,QVXODWHG1RQ-6KHDWKHG&DEOH7\SH&8DQG&5 
939&,QVXODWHG1RQ-6KHDWKHG)OH[LEOH&DEOH7\SH&. 

G. Miscellaneous Cable
,QWHUQDO7HOHSKRQH&DEOH 

9/6+),QVXODWHG)OH[LEOH&DEOH 

973,QVXODWHG736KHDWKHG)OH[LEOH&DEOH 

&RQVWUXFWLRQRI&DEOH91RQ-$UPRXUHG&RSSHU7DSH6FUHHQHG&DEOH 
939&,QVXODWHG39&6KHDWKHG1RQ-$UPRXUHG&RSSHU7DSH6FUHHQHG&DEOH 
9;/3(,QVXODWHG39&6KHDWKHG1RQ-$UPRXUHG&RSSHU7DSH6FUHHQHG&DEOH 

&RQVWUXFWLRQRI&DEOH9$UPRXUHG&RSSHU7DSH6FUHHQHG&DEOH 
939&,QVXODWHG39&6KHDWKHG$UPRXUHG&RSSHU7DSH6FUHHQHG&DEOH 
9;/3(,QVXODWHG39&6KHDWKHG$UPRXUHG&RSSHU7DSH6FUHHQHG&DEOH 

&RQVWUXFWLRQRI&DEOH9*DOYDQL]HG6WHHO:LUH%UDLGHG&DEOH 
939&,QVXODWHG39&6KHDWKHG*DOYDQL]HG6WHHO:LUH%UDLGHG&DEOH 
9;/3(,QVXODWHG39&6KHDWKHG*DOYDQL]HG6WHHO:LUH%UDLGHG&DEOH 

939&,QVXODWHG39&6KHDWKHG7LQQHG&RSSHU:LUH%UDLGHG&RQWURO&DEOH 

Appendix - Technical Data 

 &RPSDQ\3URILOH

6$0$ .(%(/ 6'1 %+'   &RPSDQ\ 1R -+   LV LQDXJXUDWHG RQ WKH WK -XO\  XQGHU WKH
&RPSDQLHV$FWDVDSULYDWHOLPLWHGFRPSDQ\:LWKWKHDLPRIEXLOGLQJIRUWKHIXWXUH 6$0$.(%(/KDVEXLOW
LWVHOIDVWHUOLQJUHSXWDWLRQVSHFLDOLVLQJLQWKHPDQXIDFWXULQJRIORZYROWDJHUDQJHRIZLUHVDQGFDEOHV XSWR9 
$V D 0DOD\VLDQ FRPSDQ\ 6$0$ .(%(/ KDV QDWXUDOO\ DVSLUHG WR XVH PDWHULDOV RI 0DOD\VLDQ RULJLQ DQG ORFDO
SHUVRQQHO

6$0$ .(%(/ LV PRVW VWU DWHJLFDOO\ VLWXDWHG LQ WKH WRZQ RI 5DZDQJ 3HU GDQD ,QGXVWU LDO (VWDWH VWDWH RI
6HODQJRU 'DUXO (KVDQ D PHUH  NLORPHWHUV IURP WKH FDSLWDO FLW\ RI 0DOD\VLD .XDOD /XPSXU PDNLQJ RXU IDFWRU\
SUHPLVHVOLQNE\PRGHUQH[SUHVVZD\VWRPDUNHWFHQWHUVDQGSRUWVDURXQGWKHFRXQWU\2XU5DZDQJ3HUGDQDRSHUDWLRQ
VLWHKDVDQDUHDRIWRWDODERXWDFUHV

&RUSRUDWH,QIRUPDWLRQ

&RXQWU\RI,QFRUSRUDWLRQ 0DOD\VLD
/HJDO)RUP &RPSDQ\OLPLWHGE\VKDUHV
'DWHRI,QFRUSRUDWLRQ WK-XO\
&RPSDQ\5HJLVWUDWLRQ1XPEHU -+
%XVLQHVV$GGUHVV /RW-DODQ535DZDQJ3HUGDQD,QGXVWULDO(VWDWH
5DZDQJ6HODQJRU'DUXO(KVDQ0DOD\VLD
7HOHSKRQH1XPEHU --
2IILFH0RELOH1XPEHU ------
)D[1XPEHU -- 
:HEVLWH KWWSZZZVDPDNHEHOFRP
(PDLO \XK#VDPDNHEHOFRP
$XWKRUL]HG&DSLWDO DVDW  50 &RPSULVLQJVKDUHV 
,VVXHGDQG3DLG-XS&DSLWDO DVDW  50 &RPSULVLQJVKDUHV 
(PSOR\HHV1XPEHU DVDW  

4XDOLW\$VVXUDQFH

6$0$.(%(/LVFRPPLWWHGWRSU RYLGHQDWLRQVZLWKTXDOLW\FDEOHV

)RUTXDOLW\DVVXUDQFH 6$0$.(%(/LV06,62DFFUHGLWHGFRPSDQ\E\6,5,04$6,QWHUQDWLRQDO6GQ%KG
:HKDYHREWDLQHG6,5,03URGXFW&HUWLILFDWLRQ/LFHQFH6XUXKDQMD\D7HQDJDDSSURYDODQG%RPEDDSSURYDO:HDUH
-DEDWDQ.HUMD5D\D0DOD\VLDUHJLVWHUHGPDQXIDFWXUHUDQGDOVR7HOHNRP0DOD\VLDUHJLVWHUHGVXSSOLHUIRUFHUWDLQUDQJH
RIRXUSURGXFWV

7KHQXPEHURQHDLPRI6$0$.(%(/LVWREHDOHDGHULQSURYLGLQJTXDOLW\DQGUHOLDELOLW\SURGXFWVWRRXUFXVWRPHUV
2XUSROLFLHVLQFOXGHZRUNLQJWRZDUGVWRWDOFXVWRPHUV¶VDWLVIDFWLRQZLWKFRPSHWLWLYHSULFHSURPSWGHOLYHU\DQGTXDOLW\
SURGXFW 6$0$.(%(/ XSGDWHVLWVHPSOR\HHVRQWKH ODWHVWGHYHORSPHQWVLQWKH LQGXVWU\DV ZHOODVLQFUHDVHVWKHLU
NQRZ-KRZE\VHQGLQJWKHPWRYDULRXVFRXUVHVWKURXJKRXWWKH\HDUDVDQGZKHQQHHGDULVHVLQRUGHUWRSURYLGHEHWWHU
SURGXFWVDQGVHUYLFHVWRLWVFXVWRPHUV

6$0$ .(%(/ KDV DOZD\V FRPPLWWHG WR HQVXU H WKDW LWV KLJK VWDQGDU GV DU H DGKHU HG WR DW HYHU \ VWDJH RI WKH
PDQXIDFWXULQJ SURFHVV $Q LQ-KRXVH WHDP RI VNLOOHG WHFKQLFLDQV DQG HQJLQHHUV FRQGXFWLQJ FRQVWDQW VWULQJHQW TXDOLW\
FRQWUROFKHFNVDUHWHVWDPHQWWRWKLVSOHGJH,QOLQHZLWKWKHFRPSDQ\¶VH[SDQVLRQSODQ6$0$.(%(/ZLOOFRQWLQXH
WRHPSOR\TXDOLILHGVWDIIWRVXSSRUWWKHOHYHORILWVEXVLQHVVDQGRSHUDWLRQV

0DMRUHOHFWULFDOZKROHVDOHUVGHDOHUVDQGHQJLQHHULQJVXSSOLHUVLQ0DOD\VLDUHO\RQRXUFRPSDQ\IRUTXDOLW\SURGXFWV

3DJH
 2XU3URGXFWV

7KHFRUHEXVLQHVVRI6$0$ .(%(/ LVSULPDULO\IRFXVHGRQWKHPDQXIDFWXULQJRIORZYROWDJHFRSSHUZLUH FDEOHV

XSWR9 6$0$ .(%(/ KDVWKHFDSDELOLW\WRSURGXFHDZLGHVHOHFWLRQRI(OHFWULF3RZHU/LJKWLQJ,QWHUQDO
:LULQJ&RQWURODQG,QVWUXPHQWDWLRQFRSSHUZLUHVDQGFDEOHVLQFOXGLQJEXWQRWOLPLWHGWRWKHIROORZLQJ
x 39&RU/RZ6PRNH+DORJHQ)UHH /6+) :LUHV
x 39&RU/6+))OH[LEOH&DEOHV
x 39&RU;/3(RU/6+)1RQ-$UPRXUHG&DEOHV
x 39&RU;/3(RU/6+)$UPRXUHG&DEOHV
x 0XOWL-FRUH39&RU;/3(RU/6+)1RQ-$UPRXUHG&DEOHV
x 0XOWL-FRUH39&RU;/3(RU/6+)$UPRXUHG&DEOHV
 *DOYDQL]HG6WHHO:LUH$UPRXUHG
 *DOYDQL]HG6WHHO:LUH%UDLGHG
 6WDLQOHVV6WHHO:LUH%UDLGHG
 &RSSHU:LUH%UDLGHGHWF
x 0XOWL-FRUH6FUHHQHG&RQWURO&DEOHV
 $O-3(72YHUDOO6FUHHQHG
 $O-3(7,QGLYLGXDODQG2YHUDOO6FUHHQHG
 &RSSHU7DSH6FUHHQHG
 &RSSHU:LUH6FUHHQHG
 &RSSHU:LUH%UDLGHG6FUHHQHG
 7LQQHG&RSSHU:LUH%UDLGHG6FUHHQHG
x )L5//)LUH5HVLVWDQW1RQ-$UPRXUHG&DEOHV
x )L5//)LUH5HVLVWDQW$UPRXUHG&DEOHV
x 7HOHSKRQH&DEOHV 0XOWL-SDLUV
x :HOGLQJ&DEOHV
x 2WKHUSURGXFWVLQFOXGH
 $XWR&DEOHV
 &RD[LDO&DEOHVIRUKRXVHKROGDVZHOODVLQGXVWULDOSXUSRVHV
2XU VHUYLFHV LQFOXGH PDQXIDFWXULQJ WDLORU-PDGH FDEOHV WR VXLW FOLHQWV¶ VSHFLILFDWLRQV XSRQ UHTXHVW WR VXLW YDULHW\ RI
V\VWHPDQGLQVWDOODWLRQUHTXLUHPHQWVLQFOXGLQJEXWQRWOLPLWHGWRDGKHULQJWRFOLHQWV¶VSHFLILFFDEOHFRQVWUXFWLRQVXFK
DVPXOWL-SDLUVPXOWL-FRUHVDUPRXUHGDQGVWUDQGHGYHUVLRQVXVLQJ5R+6FRPSOLDQFHPDWHULDOVDQGVSHFLDOVKHDWKLQJ
PDWHULDOV VXFK DV WHUPLWH SURWHFWLRQ URGHQW SURWHFWLRQ XOWUD-YLROHW SURWHFWLRQ KLJKHU JUDGH IODPH UHWDUGDQW HWF 7KH
FDEOHVKHDWKFRORXUFDQDOVREHFXVWRPLVHG

,Q-KRXVH5HVHDUFKDQG'HYHORSPHQW

$SDUW IURPWKH DERYH 6$0$.(%(/ KDVLQYHVWHGLQ ILUH WHVWLQJHTXLSPHQWDQGKDV WKH FDSDELOLWLHVWRFRQGXFWLWV

UHVHDUFK DQG GHYHORSPHQW DFWLYLWLHV LQ-KRXVH IRU IODPH UHWDUGDQW VXFK DV ,(& - WHVW PHWKRGV  DQG ILU H
UHVLVWDQW ZLUHV  FDEOHV VXFK DV %6  &DW & :  = WHVW PHWKRGV  7KH RQJRLQJ 5 ' DFWLYLWLHV RI 6$0$
.(%(/ PD\ LQFOXGH WKH GHYHORSPHQW RI KLJKHU  IODPH U HWDU GDQW ZLU HV  FDEOHV DQG ILU H U HVLVWDQW ZLU HV 
FDEOHVZLWKEHWWHUIOH[LELOLW\

:LWKSURGXFWVDQGVHUYLFHVUDQJLQJIURPSRZHUFDEOHVFRQWUROFDEOHVLQVWUXPHQWDWLRQ FDEOHVWHOHSKRQH FDEOHVDQG

ILUHUHVLVWDQWFDEOHVWKHRYHUDOOVWUDWHJ\RI 6$0$.(%(/LVWREXLOGEXVLQHVVHVDURXQGDIRFXVWHFKQRORJ\FRUHLQ
RUGHUWRREWDLQPD[LPXPOHYHUDJHRILWVFRUHFRPSHWHQFLHV2QHRIWKHVWUHQJWKVRI6$0$.(%(/LVLWVLQYHVWPHQW
LQ 5 ' DFWLYLWLHV ZKLFK DOORZV WKH FRPSDQ\ WR SURGXFH HQYLURQPHQWDO IULHQGO\ ZLUHV  FDEOHV VXFK DV XVLQJ
XQOHDGHG39&FRPSRXQGVDQG/6+)FRPSRXQGV DQGDOVRHQKDQFHGILUHSHUIRUPDQFHZLUHV FDEOHVZKLFKLQWXUQ
HQDEOH6$0$.(%(/WRH[WHQGLWVPDUNHWVKDUHLQWKHUHJLRQ

&RXQWULHV([SRUWHG

8SWR'HFHPEHU6$0$.(%(/KDGH[SRUWHGLWVZLUHV FDEOHVGLUHFWO\WRWKHIROORZLQJFRXQWULHV

x 3KLOLSSLQHV ͻ6LQJDSRUH ͻ0DOGLYHV

x %UXQHL ͻ,QGRQHVLD ͻ0\DQPDU
x 1HZ=HDODQG ͻ7KDLODQG ͻ+RQJ.RQJ
x .RUHD ͻ8$( ͻ4DWDU
x 9LHWQDP ͻ*HUPDQ\ ͻ/HEDQRQ
x 2PDQ ͻ7DLZDQ ͻ8JDQGD
x -RUGDQ ͻ31*

3DJH
 0DMRU3URMHFWV6XSSOLHG

2XUZLUHV FDEOHVDUHVXSSOLHGWRWKHIROORZLQJVSURMHFWVWKURXJKRXUZKROHVDOHU

x 0DOD\VLD
*HQHUDO +RVSLWDO .XDOD /XPSXU :RPHQ  &KLOGUHQ  3DYLOLRQ .XDOD /XPSXU 3DYLOLRQ (-/LWH
5HVLGHQFHV6HDVRQ*DUGHQ5HVLGHQFHV.XDOD/XPSXU1LUYDQD.XDOD/XPSXU3URMHFW7KH0DQRU-DODQ
3HUVLDUDQ 6WRQRU 3DQJVDSXUL 6HODQJRU.X 6KDK $ODP 057 3ROLFH 4XDUWHUV 8OX .ODQJ *RPEDN 057
6WDWLRQ-DODQ&KHUDV.DMDQJ/DNH9LOOH5HVLGHQFHV.HSRQJ6N\3DUN&\EHUMD\D+RFNH\6WDGLXP%XNLW
-DOLO 1DWLRQDO 6WDGLXP %XNLW -DOLO $QGRUUD :RPHQ DQG &KLOGUHQ +RVSLWDO 6HUL .HPEDQJDQ 6DYDQQD
([HFXWLYH 6XLWHV %DQJL 6XQZD\ 0HGLFDO &HQWUH 3XWHUL +DUERXU -RKRU $PDQ 'HVDUX 5HVRUW -RKRU
/HJRODQG 0DOD\VLD 5HVRUW 1XVDMD\D $OPDV 3XWHUL +DUERXU 1XVDMD\D 7KH 7DPDULQG 3HQDQJ 6HNRODK
0HQHQJDK6DLQV$ORU*DMDK0HODND.HPHQWHULDQ3HQGLGLNDQ0DOD\VLD3HNDQ6XQJDL8GDQJ0XNLP6J
%DUX8OX'DHUDK$ORU*DMDK0HODND.HPDPDQ6XEVWDWLRQLQ.XDQWDQ.XNXS6XEVWDWLRQ-RKRU7XGDQ
6XEVWDWLRQ 0LUL 3URMHFW .70 2(0  +,&20 .XDOD /XPSXU ,QWHUQDWLRQDO $LUSRUW ./,$  /57
6WDGLXP%DWX.DZDQ3XODX3LQDQJ.XDOD/XPSXU&LW\&HQWHU ./&& 3XWUDMD\D%XNLW-DOLO&\EHUMD\D
'HQJNLO )RUPXOD  6HSDQJ .RPSOHNV 6XNDQ .XDOD 6HODQJRU -HUDQWXW 3DOP 2LO 0LOO 3DKDQJ .XODL
,QGDKSXUD-RKRUHWF

x %DQGDU6UL%HJDZDQ%UXQHL
'HZDQ 0DMOLV %XLOGLQJ 3XVDW 3HPXOLKDQ %HOLD /HODNL GDQ 3HUHPSXDQ $PPXQLWLRQ %XQNHU 07*6(
&RPSOH[ 6WUHHW /LJKWLQJ IRU 3HUSLQGDKDQ 6HUDVD 8GDQJ )DVD ,, 7XWRQJ 6WUHHW /LJKWLQJ 0DVMLG
.DPSRQJ.DPSRQJ0HUDJDQJ&RQWUDFW 

x +RQJ.RQJ
+RQJ.RQJ$LUSRUW

x 0\DQPDU
0\DQPDU,QWHUQDWLRQDO$LUSRUW

x 3KLOLSSLQHV
5DSX5DSX0LQHV3URMHFW6XELF6KLS\DUG&RQVROLGDWHG,QGXVWULDO*DVHV,QF &,*, -*&3KLOLSSLQHV

x 4DWDU
5$6*DV/LPLWHG4DWDU3HWURFKHPLFDO&RPSDQ\/WG

x 5HSXEOLFRI0DOGLYHV
0DOGLYHV,QWHUQDWLRQDO$LUSRUW:DWDQL\D5HVRUW,*0++RVSLWDO6RQHYDJLJLOL5HVLGHQWLDO9LOOD3URMHFW
6WDWH(OHFWULFLW\%RDUG

x 6LQJDSRUH
6KHOO(DVWHUQ3HWUROHXP 3WH /WG3XODX%XNRP

x 7KDLODQG
3HWUROHXP$XWKRULW\RI7KDLODQG(*$73OF3RZHU3ODQW (OHFWULFLW\*HQHUDWLQJ$XWKRULW\RI7KDLODQG

x 9LHWQDP
'XQJ4XDW2LO5HILQHU\

7KH)XWXUH

$LP IRUWKH H[FHOOHQW 6$0$ .(%(/ LV QRWFRQWHQWWR VLWRQLWVODXUHOV 6$0$ .(%(/ FRQVWDQWO\ XSJUDGHVLWV
PDQXIDFWXULQJHTXLSPHQWWRWKHODWHVWDQGPRVWDGYDQFHWHFKQRORJLHVLQFUHDVHLWVHIILFLHQFLHVLPSURYHLWVUHVHDUFK
DQG GHYHORSPHQW FDSDELOLWLHV IRU QHZ SURGXFWV DQG PDWHULDOV DQG HVWDEOLVKHV KLJKHVW PDUNHW UHSXWDWLRQ :H DUH
PDNLQJ SODQV WR H[SDQG RXU SURGXFW UDQJH WR D ZLGHU DUUD\ RI SRZHU FDEOHV DQG LQVWUXPHQWDWLRQ FDEOHV :H DUH
FRQYLQFHGWKDWZLWKRXUH[SHULHQFHDQGGHGLFDWHGZRUNIRUFHZHZLOOKDYHWKHLPSHWXVWREHDWWKHIRUHIURQWRIWKH
0DOD\VLDQFDEOHLQGXVWU\

3DJH
 &RQVWUXFWLRQRI&DEOH91RQ-$UPRXUHG3RZHU&DEOH

'UDZLQJ $SSOLFDWLRQ

)RU HOHFWULFLW\ VXSSO\ DQG JHQHUDOO\ XVH IRU IL[HG

LQVWDOODWLRQ V\VWHP DUH LQVWDOOHG LQ RSHQ DLU
XQGHUJURXQG LQ FDEOH GXFWVRXWGRRU DQG LQGRRU SRZHU
VWDWLRQVIRULQGXVWU\DQGGLVWULEXWLRQERDUGVDVZHOODVLQ
VXEVFULEHU QHWZRUNV ZKHUH PHFKDQLFDO GDPDJHV DUH QRW
WREHH[SHFWHG

39&,QVXODWHG ;/3(,QVXODWHG ;/3(,QVXODWHG

12 '(6&5,37,21
39&6KHDWKHG 39&6KHDWKHG /6+)6KHDWKHG
&LUFXODU VWUDQGHG FLUFXODU FRPSDFW VWUDQGHG RU VHFWRU VKDSHG VWUDQGHG
 &RQGXFWRU
SODLQDQQHDOHGFRSSHUZLUHDFFRUGLQJWR,(&FODVV

,GHQWLILFDWLRQRIFRUHV
6LQJOHFRUH±1DWXUDORU%ODFN
7ZRFRUHV±5HGDQG%ODFN
7KUHHFRUHV±5HG<HOORZDQG%OXH 3RO\YLQ\O FKORULGH
&URVV-OLQNHG
)RXUFRUHV±5HG<HOORZ%OXH FRPSRXQG 39&  W\SH ;/3( DFFRUGLQJ WR
 SRO\HWK\OHQH ;/3( 
DQG%ODFN 39&$ DFFRUGLQJ WR ,(&
DFFRUGLQJWR,(&
)LYHFRUHVDQGDERYH ,(&
QXPEHU      « DQG WKH
QXPEHU VKDOO EH EOXH RU EODFN
SULQWHGRQ:KLWHFRUHV

&RUHV VWUDQGHG WRJHWKHU %LQGHU WDSH DQG QRQ-K\JURVFRSLF ILOOHU PD\ EH
 /D\LQJ8S
DSSOLHGZKHUHQHFHVVDU\
2XWHUVKHDWKVKDOOEHEODFN
/RZ VPRNH KDORJHQ
8SRQUHTXHVW 39& W\SH 67
39& W\SH 67
 IUHH /6+) 
-$QWL-7HUPLWHVKHDWKLQJ DFFRUGLQJWR,(& DFFRUGLQJWR,(&
-$QWL-5RGHQWVKHDWKLQJ FRPSRXQG
-89SURWHFWLRQVKHDWKLQJ
-+LJKHU)ODPH5HWDUGDQWVKHDWKLQJ

7(&+1,&$/'$7$
 9ROWDJH 9
 0D[LPXP&RQGXFWRU7HPSHUDWXUH ϶& ϶& ϶&
06
 5HIHUHQFH 06 ,(&- ,(&-
,(&-
 7HVWLQJ9ROWDJH 9
 0LQLPXP%HQGLQJ5DGLXV ;%HQGLQJ5DGLXV

3DJH
 939&,QVXODWHG39&6KHDWKHG1RQ-$UPRXUHG3RZHU&DEOH

1RPLQDO 0D[ 0LQ 6KRUW

1XPEHU 7KLFNQHVV 7KLFNQHVV $SSUR[ $SSUR[
FURVV- FRQGXFWRU LQVXODWLRQ FLUFXLW
1RRI VHFWLRQDO 'LDPHWHU RI RI RYHUDOO QHW
UHVLVWDQFHDW UHVLVWDQFHDW FXUUHQWIRU
FRUHV RIZLUHV LQVXODWLRQ VKHDWK GLDPHWHU ZHLJKW
DUHD ƒ& ƒ& VHF

PP  1RPP  PP  PP  PP  NJNP  Ÿ.0  0Ÿ-.0  N$

        

        
        
        
       
       
       
       
       
       
  &RPSDFW       
URXQG
 VWUDQGHG       
       
       
       
       
       
       
        
        
        
        
        
        
        
       
&RPSDFW
 URXQG       
VWUDQGHG
       
       

       
       
       
6HFWRU
 VKDSHG       
VWUDQGHG
       
       
       
       

3DJH
 939&,QVXODWHG39&6KHDWKHG1RQ-$UPRXUHG3RZHU&DEOH

1RPLQDO 0D[ 0LQ 6KRUW

1XPEHU 7KLFNQHVV 7KLFNQHVV $SSUR[ $SSUR[
FURVV- FRQGXFWRU LQVXODWLRQ FLUFXLW
1RRI VHFWLRQDO 'LDPHWHU RI RI RYHUDOO QHW
UHVLVWDQFHDW UHVLVWDQFHDW FXUUHQWIRU
FRUHV RIZLUHV LQVXODWLRQ VKHDWK GLDPHWHU ZHLJKW
DUHD ƒ& ƒ& VHF

PP  1RPP  PP  PP  PP  NJNP  Ÿ.0  0Ÿ-.0  N$

        

        
        
        
       
&RPSDFW
 URXQG       
VWUDQGHG
       
       

       
       
       
6HFWRU
 VKDSHG       
VWUDQGHG
       
       
       
       
        
        
        
        
       
&RPSDFW
 URXQG       
VWUDQGHG
       
       

       
       
       
6HFWRU
 VKDSHG       
VWUDQGHG
       
       
       
       

3DJH
 939&,QVXODWHG39&6KHDWKHG1RQ-$UPRXUHG3RZHU&DEOH

1RPLQDO 0D[ 0LQ 6KRUW

1XPEHU 7KLFNQHVV 7KLFNQHVV $SSUR[ $SSUR[
FURVV- FRQGXFWRU LQVXODWLRQ FLUFXLW
1RRI VHFWLRQDO 'LDPHWHU RI RI RYHUDOO QHW
UHVLVWDQFHDW UHVLVWDQFHDW FXUUHQWIRU
FRUHV RIZLUHV LQVXODWLRQ VKHDWK GLDPHWHU ZHLJKW
DUHD ƒ& ƒ& VHF

PP  1RPP  PP  PP  PP  NJNP  Ÿ.0  0Ÿ-.0  N$

        

        
        
        
       
       

       
 &RPSDFW       
URXQG
 VWUDQGHG       
       
       
       
        
         
        
        
         
        
        
         
        
        
         
        
        
         
        
        
         
        
        
         
        

3DJH
 9;/3(,QVXODWHG39&6KHDWKHG1RQ-$UPRXUHG3RZHU&DEOH

1RPLQDO 0D[ 0LQ 6KRUW

1XPEHU 7KLFNQHVV 7KLFNQHVV $SSUR[ $SSUR[
FURVV- FRQGXFWRU LQVXODWLRQ FLUFXLW
1RRI VHFWLRQDO 'LDPHWHU RI RI RYHUDOO QHW
UHVLVWDQFHDW UHVLVWDQFHDW FXUUHQWIRU
FRUHV RIZLUHV LQVXODWLRQ VKHDWK GLDPHWHU ZHLJKW
DUHD ƒ& ƒ& VHF

PP  1RPP  PP  PP  PP  NJNP  Ÿ.0  0Ÿ-.0  N$

        

        
        
        
       
       
       
       
       
       
  &RPSDFW       
URXQG
 VWUDQGHG       
       
       
       
       
       
       
        
        
        
        
        
        
        
       
&RPSDFW
 URXQG       
VWUDQGHG
       
       
        
       
       
 6HFWRU       
VKDSHG
 VWUDQGHG       
       
       
       
       

3DJH
 9;/3(,QVXODWHG39&6KHDWKHG1RQ-$UPRXUHG3RZHU&DEOH

1RPLQDO 0D[ 0LQ 6KRUW

1XPEHU 7KLFNQHVV 7KLFNQHVV $SSUR[ $SSUR[
FURVV- FRQGXFWRU LQVXODWLRQ FLUFXLW
1RRI VHFWLRQDO 'LDPHWHU RI RI RYHUDOO QHW
UHVLVWDQFHDW UHVLVWDQFHDW FXUUHQWIRU
FRUHV RIZLUHV LQVXODWLRQ VKHDWK GLDPHWHU ZHLJKW
DUHD ƒ& ƒ& VHF

PP  1RPP  PP  PP  PP  NJNP  Ÿ.0  0Ÿ-.0  N$

        

        
        
        
       
&RPSDFW
 URXQG       
VWUDQGHG
       
       
        
       
       
 6HFWRU       
VKDSHG
 VWUDQGHG       
       
       
       
       
        
        
        
        
       
&RPSDFW
 URXQG       
VWUDQGHG
       
       
        
       
       
 6HFWRU       
VKDSHG
 VWUDQGHG       
       
       
       
       

3DJH
 9;/3(,QVXODWHG39&6KHDWKHG1RQ-$UPRXUHG3RZHU&DEOH

1RPLQDO 0D[ 0LQ 6KRUW

1XPEHU 7KLFNQHVV 7KLFNQHVV $SSUR[ $SSUR[
FURVV- FRQGXFWRU LQVXODWLRQ FLUFXLW
1RRI VHFWLRQDO 'LDPHWHU RI RI RYHUDOO QHW
UHVLVWDQFHDW UHVLVWDQFHDW FXUUHQWIRU
FRUHV RIZLUHV LQVXODWLRQ VKHDWK GLDPHWHU ZHLJKW
DUHD ƒ& ƒ& VHF

PP  1RPP  PP  PP  PP  NJNP  Ÿ.0  0Ÿ-.0  N$

        

        
        
        
       
       

       
 &RPSDFW       
URXQG
 VWUDQGHG       
       
       
       
        
         
        
        
         
        
        
         
        
        
         
        
        
         
        
        
         
        
        
         
        

3DJH
 9;/3(,QVXODWHG/6+)6KHDWKHG1RQ-$UPRXUHG3RZHU&DEOH

1RPLQDO 0D[ 0LQ 6KRUW

1XPEHU 7KLFNQHVV 7KLFNQHVV $SSUR[ $SSUR[
FURVV- FRQGXFWRU LQVXODWLRQ FLUFXLW
1RRIVHFWLRQDO 'LDPHWHU RI RI RYHUDOO QHW
UHVLVWDQFHDW UHVLVWDQFHDW FXUUHQWIRU
FRUHV RIZLUHV LQVXODWLRQ VKHDWK GLDPHWHU ZHLJKW
DUHD ƒ& ƒ& VHF

PP  1RPP  PP  PP  PP  NJNP  Ÿ.0  0Ÿ-.0  N$

        

        
        
        
       
       
       
       
       
       
  &RPSDFW       
URXQG
 VWUDQGHG       
       
       
       
       
       
       
        
        
        
        
        
        
        
       
&RPSDFW
 URXQG       
VWUDQGHG
       
       
        
       
       
 6HFWRU       
VKDSHG
 VWUDQGHG       
       
       
       
       

3DJH
 9;/3(,QVXODWHG/6+)6KHDWKHG1RQ-$UPRXUHG3RZHU&DEOH

1RPLQDO 0D[ 0LQ 6KRUW

1XPEHU 7KLFNQHVV 7KLFNQHVV $SSUR[ $SSUR[
FURVV- FRQGXFWRU LQVXODWLRQ FLUFXLW
1RRI VHFWLRQDO 'LDPHWHU RI RI RYHUDOO QHW
UHVLVWDQFHDW UHVLVWDQFHDW FXUUHQWIRU
FRUHV RIZLUHV LQVXODWLRQ VKHDWK GLDPHWHU ZHLJKW
DUHD ƒ& ƒ& VHF

PP  1RPP  PP  PP  PP  NJNP  Ÿ.0  0Ÿ-.0  N$

        

        
        
        
       
&RPSDFW
 URXQG       
VWUDQGHG
       
       
        
       
       
 6HFWRU       
VKDSHG
 VWUDQGHG       
       
       
       
       
        
        
        
        
       
&RPSDFW
 URXQG       
VWUDQGHG
       
       
        
       
       
 6HFWRU       
VKDSHG
 VWUDQGHG       
       
       
       
       

3DJH
 9;/3(,QVXODWHG/6+)6KHDWKHG1RQ-$UPRXUHG3RZHU&DEOH

1RPLQDO 0D[ 0LQ 6KRUW

1XPEHU 7KLFNQHVV 7KLFNQHVV $SSUR[ $SSUR[
FURVV- FRQGXFWRU LQVXODWLRQ FLUFXLW
'LDPHWHU RI RI RYHUDOO QHW
1RRI VHFWLRQDO RIZLUHV LQVXODWLRQ VKHDWK GLDPHWHU ZHLJKW
UHVLVWDQFHDW UHVLVWDQFHDW FXUUHQWIRU
FRUHV DUHD ƒ& ƒ& VHF

PP  1RPP  PP  PP  PP  NJNP  Ÿ.0  0Ÿ-.0  N$

        

        
        
        
       
       

       
 &RPSDFW       
URXQG
 VWUDQGHG       
       
       
       
        
         
        
        
         
        
        
         
        
        
         
        
        
         
        
        
         
        
        
         
        

3DJH
 &RQVWUXFWLRQRI&DEOH9$UPRXUHG3RZHU&DEOH

'UDZLQJ $SSOLFDWLRQ

)RU HOHFWULFLW\ VXSSO\ DQG JHQHUDOO\ XVH IRU IL[HG

LQVWDOODWLRQV\VWHPDUHLQVWDOOHGLQRSHQDLUXQGHUJURXQG
LQ FDEOH GXFWV RXWGRRU DQG LQGRRU SRZHU VWDWLRQV IRU
LQGXVWU\ DQG GLVWULEXWLRQ ERDUGV DV ZHOO DV LQ VXEVFULEHU
QHWZRUNV ZKHUH WKHUH PD\ EH D ULVN RI PHFKDQLFDO
GDPDJH

39&,QVXODWHG ;/3(,QVXODWHG ;/3(,QVXODWHG

12 '(6&5,37,21
39&6KHDWKHG 39&6KHDWKHG /6+)6KHDWKHG
&LUFXODU VWUDQGHG FLUFXODU FRPSDFW VWUDQGHG RU VHFWRU VKDSHG VWUDQGHG
 &RQGXFWRU
SODLQDQQHDOHGFRSSHUZLUHDFFRUGLQJWR,(&FODVV

,GHQWLILFDWLRQRIFRUHV
6LQJOHFRUH±1DWXUDORU%ODFN
7ZRFRUHV±5HGDQG%ODFN
7KUHHFRUHV±5HG<HOORZDQG%OXH 3RO\YLQ\O FKORULGH
&URVV-OLQNHG
)RXUFRUHV±5HG<HOORZ%OXH FRPSRXQG 39&  W\SH ;/3( DFFRUGLQJ WR
 SRO\HWK\OHQH ;/3( 
DQG%ODFN 39&$ DFFRUGLQJ WR ,(&
DFFRUGLQJWR,(&
)LYHFRUHVDQGDERYH ,(&
QXPEHU      « DQG WKH
QXPEHUVKDOOEHEOXHRUEODFNSULQWHG
RQ:KLWHFRUHV

&RUHVVWUDQGHGWRJHWKHU%LQGHUWDSH DQGQRQ-K\JURVFRSLFILOOHU PD\EH

 /D\LQJ8S
DSSOLHGZKHUHQHFHVVDU\
39& W\SH 67
39& W\SH 67
/RZ VPRNH KDORJHQ
 6HSDUDWLRQVKHDWKVKDOOEHEODFN
DFFRUGLQJWR,(& DFFRUGLQJWR,(& IUHH /6+) FRPSRXQG
6LQJOHFRUH±VLQJOHOD\HURIQRQ-PDJQHWLFPDWHULDOHJDOXPLQLXPZLUH
 $UPRXU 7ZRFRUHVDQGDERYH±VLQJOHOD\HURIJDOYDQL]HGVWHHOZLUH
%LQGHUWDSHPD\EHDSSOLHGZKHUHQHFHVVDU\
2XWHUVKHDWKVKDOOEHEODFN
8SRQUHTXHVW 39& W\SH 67
39& W\SH 67
 /6+)FRPSRXQG
-$QWL-7HUPLWHVKHDWKLQJ
-$QWL-5RGHQWVKHDWKLQJ
DFFRUGLQJWR,(& DFFRUGLQJWR,(&
-89SURWHFWLRQVKHDWKLQJ
-+LJKHU)ODPH5HWDUGDQWVKHDWKLQJ

7(&+1,&$/'$7$
 9ROWDJH 9
 0D[LPXP&RQGXFWRU7HPSHUDWXUH ϶& ϶& ϶&
06
 5HIHUHQFH ,(&- ,(&-
,(&-
 7HVWLQJ9ROWDJH 9
 0LQLPXP%HQGLQJ5DGLXV ;%HQGLQJ5DGLXV

3DJH
 939&,QVXODWHG39&6KHDWKHG$UPRXUHG3RZHU&DEOH

1RPLQDO 1RPLQDO 0D[ 0LQ 6KRUW

1XPEHU 7KLFNQHVV7KLFNQHVV 7KLFNQHVV $SSUR[ $SSUR[
FURVV- DUPRXU FRQGXFWRU LQVXODWLRQ FLUFXLW
1RRI 'LDPHWHU RI RI RI RYHUDOO QHW
VHFWLRQDO ZLUH UHVLVWDQFH UHVLVWDQFH FXUUHQW
FRUHV RIZLUHV LQVXODWLRQ EHGGLQJ VKHDWK GLDPHWHU ZHLJKW
DUHD GLDPHWHU DWƒ& DWƒ& IRUVHF

PP  1RPP  PP  PP  PP  PP PP NJNP  Ÿ.0  0Ÿ-.0  N$

          
          
          
          
         
         
         
         
         
          
 &RPSDFW         
URXQG
 VWUDQGHG         
         
         
         
         
         
         
          
          
          
          
          
         
&RPSDFW
 URXQG         
VWUDQGHG
         
         

         
         
         
6HFWRU
 VKDSHG         
VWUDQGHG
         
         
         
         

3DJH
 939&,QVXODWHG39&6KHDWKHG$UPRXUHG3RZHU&DEOH

1RPLQDO 1RPLQDO 0D[ 0LQ 6KRUW

1XPEHU 7KLFNQHVV7KLFNQHVV 7KLFNQHVV $SSUR[ $SSUR[
FURVV- DUPRXU FRQGXFWRU LQVXODWLRQ FLUFXLW
1RRI 'LDPHWHU RI RI RI RYHUDOO QHW
VHFWLRQDO ZLUH UHVLVWDQFH UHVLVWDQFH FXUUHQW
FRUHV RIZLUHV LQVXODWLRQ EHGGLQJ VKHDWK GLDPHWHU ZHLJKW
DUHD GLDPHWHU DWƒ& DWƒ& IRUVHF

PP  1RPP  PP  PP  PP  PP PP NJNP  Ÿ.0  0Ÿ-.0  N$

          
          
          
          
         
&RPSDFW
 URXQG         
VWUDQGHG
         
         

         
         
         
6HFWRU
 VKDSHG         
VWUDQGHG
         
         
         
         
          
          
          
          
         
&RPSDFW
 URXQG         
VWUDQGHG
         
         

         
         
         
6HFWRU
 VKDSHG         
VWUDQGHG
         
         
         
         

3DJH
 939&,QVXODWHG39&6KHDWKHG$UPRXUHG3RZHU&DEOH

1RPLQDO 1RPLQDO 0D[ 0LQ 6KRUW

1XPEHU 7KLFNQHVV7KLFNQHVV 7KLFNQHVV $SSUR[ $SSUR[
FURVV- DUPRXU FRQGXFWRU LQVXODWLRQ FLUFXLW
1RRI 'LDPHWHU RI RI RI RYHUDOO QHW
VHFWLRQDO ZLUH UHVLVWDQFH UHVLVWDQFH FXUUHQW
FRUHV RIZLUHV LQVXODWLRQ EHGGLQJ VKHDWK GLDPHWHU ZHLJKW
DUHD GLDPHWHU DWƒ& DWƒ& IRUVHF

PP  1RPP  PP  PP  PP  PP PP NJNP  Ÿ.0  0Ÿ-.0  N$

          
          
          
          
         
         

         
 &RPSDFW         
URXQG
 VWUDQGHG         
         
         
         
          
           
          
          
           
          
          
           
          
          
           
          
          
           
          
          
           
          
          
           
          

3DJH
 9;/3(,QVXODWHG39&6KHDWKHG$UPRXUHG3RZHU&DEOH

1RPLQDO 1RPLQDO 0D[ 0LQ 6KRUW

1XPEHU 7KLFNQHVV7KLFNQHVV 7KLFNQHVV $SSUR[ $SSUR[
FURVV- DUPRXU FRQGXFWRU LQVXODWLRQ FLUFXLW
1RRI 'LDPHWHU RI RI RI RYHUDOO QHW
VHFWLRQDO ZLUH UHVLVWDQFH UHVLVWDQFH FXUUHQW
FRUHV RIZLUHV LQVXODWLRQ EHGGLQJ VKHDWK GLDPHWHU ZHLJKW
DUHD GLDPHWHU DWƒ& DWƒ& IRUVHF

PP  1RPP  PP  PP  PP  PP PP NJNP  Ÿ.0  0Ÿ-.0  N$

         

         
         
         
&RPSDFW
 URXQG         
VWUDQGHG
         

         
         
         
          
          
          
          
          
          
          
         
&RPSDFW
 URXQG         
VWUDQGHG
         
         

         
         
         
6HFWRU
 VKDSHG         
VWUDQGHG
         
         
         
         

3DJH
 9;/3(,QVXODWHG39&6KHDWKHG$UPRXUHG3RZHU&DEOH

1RPLQDO 1RPLQDO 0D[ 0LQ 6KRUW

1XPEHU 7KLFNQHVV7KLFNQHVV 7KLFNQHVV $SSUR[ $SSUR[
FURVV- DUPRXU FRQGXFWRU LQVXODWLRQ FLUFXLW
1RRI 'LDPHWHU RI RI RI RYHUDOO QHW
VHFWLRQDO ZLUH UHVLVWDQFH UHVLVWDQFH FXUUHQW
FRUHV RIZLUHV LQVXODWLRQ EHGGLQJ VKHDWK GLDPHWHU ZHLJKW
DUHD GLDPHWHU DWƒ& DWƒ& IRUVHF

PP  1RPP  PP  PP  PP  PP PP NJNP  Ÿ.0  0Ÿ-.0  N$

          
          
          
          
         
&RPSDFW
 URXQG         
VWUDQGHG
         
         

         
         
         
6HFWRU
 VKDSHG         
VWUDQGHG
         
         
         
         
          
          
          
          
         
&RPSDFW
 URXQG         
VWUDQGHG
         
         

         
         
         
6HFWRU
 VKDSHG         
VWUDQGHG
         
         
         
         

3DJH
 9;/3(,QVXODWHG39&6KHDWKHG$UPRXUHG3RZHU&DEOH

1RPLQDO 1RPLQDO 0D[ 0LQ 6KRUW

1XPEHU 7KLFNQHVV7KLFNQHVV 7KLFNQHVV $SSUR[ $SSUR[
FURVV- DUPRXU FRQGXFWRU LQVXODWLRQ FLUFXLW
1RRI 'LDPHWHU RI RI RI RYHUDOO QHW
VHFWLRQDO ZLUH UHVLVWDQFH UHVLVWDQFH FXUUHQW
FRUHV RIZLUHV LQVXODWLRQ EHGGLQJ VKHDWK GLDPHWHU ZHLJKW
DUHD GLDPHWHU DWƒ& DWƒ& IRUVHF

PP  1RPP  PP  PP  PP  PP PP NJNP  Ÿ.0  0Ÿ-.0  N$

          
          
          
          
         
         

         
 &RPSDFW         
URXQG
 VWUDQGHG         
         
         
         
          
           
          
          
           
          
          
           
          
          
           
          
          
           
          
          
           
          
          
           
          

3DJH
 9;/3(,QVXODWHG/6+)6KHDWKHG$UPRXUHG3RZHU&DEOH

1RPLQDO 1RPLQDO 0D[ 0LQ 6KRUW

1XPEHU 7KLFNQHVV7KLFNQHVV 7KLFNQHVV $SSUR[ $SSUR[
FURVV- DUPRXU FRQGXFWRU LQVXODWLRQ FLUFXLW
1RRI 'LDPHWHU RI RI RI RYHUDOO QHW
VHFWLRQDO ZLUH UHVLVWDQFH UHVLVWDQFH FXUUHQW
FRUHV RIZLUHV LQVXODWLRQ EHGGLQJ VKHDWK GLDPHWHU ZHLJKW
DUHD GLDPHWHU DWƒ& DWƒ& IRUVHF

PP  1RPP  PP  PP  PP  PP PP NJNP  Ÿ.0  0Ÿ-.0  N$

         

         
         
         
&RPSDFW
 URXQG         
VWUDQGHG
         

         
         
         
          
          
          
          
          
          
          
         
&RPSDFW
 URXQG         
VWUDQGHG
         
         

         
         
         
6HFWRU
 VKDSHG         
VWUDQGHG
         
         
         
         

3DJH
 9;/3(,QVXODWHG/6+)6KHDWKHG$UPRXUHG3RZHU&DEOH

1RPLQDO 1RPLQDO 0D[ 0LQ 6KRUW

1XPEHU 7KLFNQHVV7KLFNQHVV 7KLFNQHVV $SSUR[ $SSUR[
FURVV- DUPRXU FRQGXFWRU LQVXODWLRQ FLUFXLW
1RRI 'LDPHWHU RI RI RI RYHUDOO QHW
VHFWLRQDO ZLUH UHVLVWDQFH UHVLVWDQFH FXUUHQW
FRUHV RIZLUHV LQVXODWLRQ EHGGLQJ VKHDWK GLDPHWHU ZHLJKW
DUHD GLDPHWHU DWƒ& DWƒ& IRUVHF

PP  1RPP  PP  PP  PP  PP PP NJNP  Ÿ.0  0Ÿ-.0  N$

          
          
          
          
         
&RPSDFW
 URXQG         
VWUDQGHG
         
         

         
         
         
6HFWRU
 VKDSHG         
VWUDQGHG
         
         
         
         
          
          
          
          
         
&RPSDFW
 URXQG         
VWUDQGHG
         
         

         
         
         
6HFWRU
 VKDSHG         
VWUDQGHG
         
         
         
         

3DJH
 9;/3(,QVXODWHG/6+)6KHDWKHG$UPRXUHG3RZHU&DEOH

1RPLQDO 1RPLQDO 0D[ 0LQ 6KRUW

1XPEHU 7KLFNQHVV7KLFNQHVV 7KLFNQHVV $SSUR[ $SSUR[
FURVV- DUPRXU FRQGXFWRU LQVXODWLRQ FLUFXLW
1RRI 'LDPHWHU RI RI RI RYHUDOO QHW
VHFWLRQDO ZLUH UHVLVWDQFH UHVLVWDQFH FXUUHQW
FRUHV RIZLUHV LQVXODWLRQ EHGGLQJ VKHDWK GLDPHWHU ZHLJKW
DUHD GLDPHWHU DWƒ& DWƒ& IRUVHF

PP  1RPP  PP  PP  PP  PP PP NJNP  Ÿ.0  0Ÿ-.0  N$

          
          
          
          
         
         

         
 &RPSDFW         
URXQG
 VWUDQGHG         
         
         
         
          
           
          
          
           
          
          
           
          
          
           
          
          
           
          
          
           
          
          
           
          

3DJH
 &RQVWUXFWLRQRI&DEOH939&,QVXODWHG1RQ-6KHDWKHG*HQHUDO3XUSRVH&DEOH

'UDZLQJ $SSOLFDWLRQ

6LQJOH FRUH SRO\YLQ\O FKORULGH FRPSRXQG 39&  LQVXODWHG

QRQ-VKHDWKHG IRU JHQHUDO SXUSRVH FDEOH ZLWK ULJLG
FRQGXFWRUV DUH LQVWDOOHG LQ VXUIDFH PRXQWHG RU HPEHGGHG
FRQGXLWV RU VLPLODU FORVHG V\VWHPV 7KH FDEOHV DUH VXLWDEOH
IRUXVHLQFKDQQHOVZLWKFRYHUIL[HGSURWHFWHGLQVWDOODWLRQLQ
RU RQ OLJKWLQJ ILWWLQJV DQG LQVLGH DSSOLDQFHV XS WR DQG
LQFOXGLQJ9DF

39&,QVXODWHG
12 '(6&5,37,21
1RQ-VKHDWKHG
&LUFXODU VWUDQGHG RU FLUFXODU FRPSDFW VWUDQGHG SODLQ $FFRUGLQJ WR ,(& $FFRUGLQJ WR %6

DQQHDOHGFRSSHUZLUH FODVV FODVV

,GHQWLILFDWLRQRIFRUH
7\SH 39&&- 7\SH 7, DFFRUGLQJ WR
 &RQGXFWRUXSWRDQGLQFOXGLQJPP$VVRUWHGFRORXUV
DFFRUGLQJWR06- %6-
&RQGXFWRUDERYHPP%ODFN

7(&+1,&$/'$7$
 9ROWDJH 9
 0D[LPXP&RQGXFWRU7HPSHUDWXUH ϶&
06-
 5HIHUHQFH %6
06,9 
 7HVWLQJ9ROWDJH 9
 0LQLPXP%HQGLQJ5DGLXV ;%HQGLQJ5DGLXV

7KLFNQHVV $SSUR[ $SSUR[

1RPLQDOFURVV- 1XPEHU'LDPHWHU 0D[FRQGXFWRU 0LQLQVXODWLRQ
RI RYHUDOO QHW
VHFWLRQDODUHD RIZLUHV UHVLVWDQFHDWƒ& UHVLVWDQFHDWƒ&
LQVXODWLRQ GLDPHWHU ZHLJKW
PP  1RPP  PP  PP  NJNP  Ÿ.0  0Ÿ-.0 
      
      
      
      
     
     
     
     
     
     
 &RPSDFWURXQG     
 VWUDQGHG     
     
     
     
     
     
     
      

3DJH
 &RQVWUXFWLRQRI&DEOH939&,QVXODWHG1RQ-6KHDWKHG)OH[LEOH&DEOH

'UDZLQJ $SSOLFDWLRQ

6LQJOH FRUH SRO\YLQ\O FKORULGH FRPSRXQG 39&  LQVXODWHG

QRQ-VKHDWKHG IRU JHQHUDO SXUSRVH FDEOH ZLWK IOH[LEOH
FRQGXFWRUV DUH VXLWDEOH IRU LQVWDOODWLRQ LQ WUD\V WUXQNLQJV
OLJKWLQJ XQLWV RU LQVLGH VZLWFKLQJ DQG FRQWURO HTXLSPHQW
7KH FDEOHV DUH VXLWDEOH WR EH XVHG IRU YROWDJH XS WR DQG
LQFOXGLQJ9DF

39&,QVXODWHG
12 '(6&5,37,21
1RQ-VKHDWKHG
&LUFXODU VWUDQGHG SODLQ DQQHDOHG     FRSSHU ZLUH $FFRUGLQJ WR ,(& $FFRUGLQJ WR %6

IOH[LEOH  FODVV FODVV

,GHQWLILFDWLRQRIFRUH
7\SH39&&-DFFRUGLQJ 7\SH 7, DFFRUGLQJ WR
 &RQGXFWRUXSWRDQGLQFOXGLQJPP$VVRUWHGFRORXUV
 WR06- %6-
&RQGXFWRUDERYHPP %ODFN

7(&+1,&$/'$7$
 9ROWDJH 9
 0D[LPXP&RQGXFWRU7HPSHUDWXUH ϶&
06-
 5HIHUHQFH %6
06,9 
 7HVWLQJ9ROWDJH 9
 0LQLPXP%HQGLQJ5DGLXV ;%HQGLQJ5DGLXV

7KLFNQHVV $SSUR[ $SSUR[

1RPLQDOFURVV- 1XPEHU'LDPHWHU 0D[FRQGXFWRU 0LQLQVXODWLRQ
RI RYHUDOO QHW
VHFWLRQDODUHD RIZLUHV UHVLVWDQFHDWƒ& UHVLVWDQFHDWƒ&
LQVXODWLRQ GLDPHWHU ZHLJKW
PP  1RPP  PP  PP  NJNP  Ÿ.0  0Ÿ-.0 
      
      
      
      
      
      
      
      
      
      
      
      
      
      
      

3DJH
 &RQVWUXFWLRQRI&DEOH939&,QVXODWHG1RQ-6KHDWKHG6ROLG,QWHUQDO:LULQJ&DEOH

'UDZLQJ $SSOLFDWLRQ

6LQJOH FRUH SRO\YLQ\O FKORULGH FRPSRXQG 39&  LQVXODWHG

QRQ-VKHDWKHG IRU LQWHUQDO ZLULQJ FDEOHV ZLWK VROLG
FRQGXFWRUV DUH XVHG LQ IL[HG SURWHFWLRQ LQVWDOODWLRQ LQVLGH
DSSOLDQFHV DQG LQ RU RQ OLJKWLQJ ILWWLQJV 7KH FDEOHV DUH
VXLWDEOH IRU LQVWDOODWLRQ LQ VXUIDFH PRXQWHG RU HPEHGGHG
FRQGXLWV 7KH FDEOHV DUH XVHG RQO\ IRU VLJQDOLQJ RU FRQWURO
FLUFXLWVIRUYROWDJHXSWRDQGLQFOXGLQJ9DF

39&,QVXODWHG
12 '(6&5,37,21
1RQ-VKHDWKHG
&LUFXODUVROLGSODLQDQQHDOHG $FFRUGLQJ WR $FFRUGLQJ WR $FFRUGLQJ WR $FFRUGLQJ WR

FRSSHUZLUH ,(&FODVV %6FODVV ,(&FODVV ,(&FODVV

,GHQWLILFDWLRQRIFRUH
7\SH 39&&- 7\SH 7\SH 39&(- 7\SH 39&(-
7,
&RQGXFWRUXSWRDQGLQFOXGLQJ
  DFFRUGLQJ WR DFFRUGLQJ WR DFFRUGLQJ WR DFFRUGLQJ WR
PP $VVRUWHGFRORXUV
 06- %6- 06- 06-
&RQGXFWRUDERYHPP %ODFN

7(&+1,&$/'$7$
 9ROWDJH 9
0D[LPXP&RQGXFWRU

7HPSHUDWXUH ϶& ϶& ϶& ϶&

06- 06- 06-

 5HIHUHQFH %6
06,9  06,9  06,9 
 7HVWLQJ9ROWDJH 9
 0LQLPXP%HQGLQJ5DGLXV ;%HQGLQJ5DGLXV

7KLFNQHVV $SSUR[ $SSUR[ 0LQLQVXODWLRQ

1RPLQDOFURVV- 1XPEHU'LDPHWHU 0D[FRQGXFWRU
RI RYHUDOO QHW UHVLVWDQFHDW
VHFWLRQDODUHD RIZLUHV UHVLVWDQFHDWƒ&
LQVXODWLRQ GLDPHWHU ZHLJKW ƒ&ƒ&ƒ&
PP  1RPP  PP  PP  NJNP  Ÿ.0  0Ÿ-.0 
      
      
      
      
      

3DJH
 &RQVWUXFWLRQRI&DEOH939&,QVXODWHG1RQ-6KHDWKHG)OH[LEOH,QWHUQDO:LULQJ&DEOH

'UDZLQJ $SSOLFDWLRQ

6LQJOH FRUH SRO\YLQ\O FKORULGH FRPSRXQG 39&  LQVXODWHG

QRQ-VKHDWKHG IRU LQWHUQDO ZLULQJ FDEOHV ZLWK IOH[LEOH
FRQGXFWRUV DUH IRU LQVWDOODWLRQ LQ GRPHVWLF DUHDV NLWFKHQV
DQG RIILFHV 7KH FDEOHV DUH DOVR XVHG LQ KRXVHKROG
DSSOLDQFHV HJ ZDVKLQJ PDFKLQHV KDLU GU\HUV
UHIULJHUDWRUV FRRNHUV DQG KHDWHUV 7KH FDEOHV DUH DEOH WR
ZLWKVWDQGFHUWDLQH[WHQGRIWZLVWLQJDQGEHQGLQJ7KHFDEOHV
DUH QRW VXLWDEOH IRU SHUPDQHQW H[WHUQDO LQVWDOODWLRQ QRU IRU
XVHGLUHFWO\RULQGLUHFWO\XQGHUJURXQG

39&,QVXODWHG
12 '(6&5,37,21
1RQ-VKHDWKHG
&LUFXODU VWUDQGHG SODLQ DQQHDOHG FRSSHU ZLUH $FFRUGLQJ WR $FFRUGLQJ WR $FFRUGLQJ WR

IOH[LEOH ,(&FODVV ,(&FODVV ,(&FODVV
7\SH 39&&-
7\SH 39&(-
7\SH 39&(-
 ,GHQWLILFDWLRQRIFRUH$VVRUWHGFRORXUV DFFRUGLQJ WR DFFRUGLQJ WR DFFRUGLQJ WR
06- 06- 06-
7(&+1,&$/'$7$
 9ROWDJH 9
 0D[LPXP&RQGXFWRU7HPSHUDWXUH ϶& ϶& ϶&
06- 06- 06-
 5HIHUHQFH
06,9  06,9  06,9 
 7HVWLQJ9ROWDJH 9
 0LQLPXP%HQGLQJ5DGLXV ;%HQGLQJ5DGLXV

7KLFNQHVV $SSUR[ $SSUR[ 0LQLQVXODWLRQ

1RPLQDOFURVV- 1XPEHU'LDPHWHU 0D[FRQGXFWRU
RI RYHUDOO QHW UHVLVWDQFHDW
VHFWLRQDODUHD RIZLUHV UHVLVWDQFHDWƒ&
LQVXODWLRQ GLDPHWHU ZHLJKW ƒ&ƒ&ƒ&
PP  1RPP  PP  PP  NJNP  Ÿ.0  0Ÿ-.0 
      
      
      
      
      

3DJH
 &RQVWUXFWLRQRI&DEOH939&,QVXODWHG39&6KHDWKHG)L[HG:LULQJ&DEOH

'UDZLQJ $SSOLFDWLRQ

3RO\YLQ\O FKORULGH FRPSRXQG 39&  LQVXODWHG 39&

VKHDWKHGFDEOHVDUHIRUIL[HGLQVWDOODWLRQLQZDOOVRQERDUGV
DQGLQFKDQQHOVRUHPEHGGHGLQSODVWHU7KHFDEOHVDUHQRW
VXLWDEOHIRURXWGRRUXVHRUHPEHGGLQJGLUHFWO\LQFRQFUHWH

39&,QVXODWHG
12 '(6&5,37,21
39&6KHDWKHG
&LUFXODU VWUDQGHG RU FLUFXODU FRPSDFW VWUDQGHG
 $FFRUGLQJWR,(&FODVV
SODLQDQQHDOHGFRSSHUZLUH

,GHQWLILFDWLRQRIFRUH
6LQJOHFRUH±%ODFN
7ZRFRUHV±5HGDQG%ODFN
 7KUHHFRUHV±5HG<HOORZDQG%OXH 7\SH39&&-DFFRUGLQJWR06-
)RXUFRUHV±5HG<HOORZ%OXHDQG%ODFN
)LYHFRUHV±5HG<HOORZ%OXH%ODFNDQG
*UHHQ-DQG-<HOORZ

 2XWHUVKHDWKVKDOOEHEODFN 7\SH39&67-DFFRUGLQJWR06-
7(&+1,&$/'$7$
 9ROWDJH 9
 0D[LPXP&RQGXFWRU7HPSHUDWXUH ϶&
06-
 5HIHUHQFH
0699 
 7HVWLQJ9ROWDJH 9
 0LQLPXP%HQGLQJ5DGLXV ;%HQGLQJ5DGLXV

0D[
1RPLQDO 1XPEHU 7KLFNQHVV 7KLFNQHVV $SSUR[ $SSUR[ 0LQLQVXODWLRQ
FRQGXFWRU
1RRI FURVV-VHFWLRQDO 'LDPHWHU RI RI RYHUDOO QHW
UHVLVWDQFHDW
UHVLVWDQFHDW
FRUHV DUHD RIZLUHV LQVXODWLRQ VKHDWK GLDPHWHU ZHLJKW ƒ&
ƒ&

PP  1RPP  PP  PP  PP  NJNP  Ÿ.0  0Ÿ-.0 

       
       
       
       
        
      
 &RPSDFW      
URXQG
 VWUDQGHG      
      

3DJH
 939&,QVXODWHG39&6KHDWKHG)RU)L[HG:LULQJ

0D[
1RPLQDO 1XPEHU 7KLFNQHVV 7KLFNQHVV $SSUR[ $SSUR[ 0LQLQVXODWLRQ
FRQGXFWRU
1RRI FURVV-VHFWLRQDO 'LDPHWHU RI RI RYHUDOO QHW
UHVLVWDQFHDW
UHVLVWDQFHDW
FRUH DUHD RIZLUHV LQVXODWLRQ VKHDWK GLDPHWHU ZHLJKW ƒ&
ƒ&

PP  1RPP  PP  PP  PP  NJNP  Ÿ.0  0Ÿ-.0 

       
       
       
       

      
 &RPSDFW      
URXQG
 VWUDQGHG      
      
       
       
       
       

      
 &RPSDFW      
URXQG
 VWUDQGHG      
      
       
       
       
       

      
 &RPSDFW      
URXQG
 VWUDQGHG      
      
       
       
       
       

      
 &RPSDFW      
URXQG
 VWUDQGHG      
      

3DJH
 &RQVWUXFWLRQRI&DEOH939&,QVXODWHG39&6KHDWKHG/LJKW)OH[LEOH&RUG

'UDZLQJ $SSOLFDWLRQ

/LJKW SRO\YLQ\O FKORULGH FRPSRXQG 39&  LQVXODWHG 39&

VKHDWKHG IOH[LEOH FDEOHV DUH VXLWDEOH IRU LQGRRU VPDOO
HOHFWULFDODSSOLDQFHVDQGLQVWUXPHQWV7KHFDEOHVDUHFDSDEOH
RIZLWKVWDQGLQJFHUWDLQH[WHQGRIWZLVWLQJDQGEHQGLQJ7KH
FDEOHV DUH QRW VXLWDEOH IRU SHUPDQHQW H[WHUQDO LQVWDOODWLRQ
QRUIRUXVHGLUHFWO\RULQGLUHFWO\XQGHUJURXQG

39&,QVXODWHG
12 '(6&5,37,21
39&6KHDWKHG
&LUFXODU VWUDQGHG SODLQ DQQHDOHG $FFRUGLQJ WR ,(& $FFRUGLQJWR,(& $FFRUGLQJ WR ,(&

FRSSHUZLUH IOH[LEOH FODVV FODVV FODVV
,GHQWLILFDWLRQRIFRUH
7ZRFRUHV±%OXHDQG%URZQ 7\SH 39&'-
7\SH 39&(-
7\SH 39&(-

7KUHHFRUHV±*UHHQ-DQG-<HOORZ͕ DFFRUGLQJWR06- DFFRUGLQJWR06- DFFRUGLQJWR06-
%OXHDQG%URZQ
7\SH 39&67-7\SH 39&67- 7\SH 39&67-
 2XWHUVKHDWKVKDOOEHJUH\
DFFRUGLQJWR06- DFFRUGLQJWR06- DFFRUGLQJWR06-
7(&+1,&$/'$7$
 9ROWDJH 9
0D[LPXP&RQGXFWRU

7HPSHUDWXUH ϶& ϶& ϶&

06- 06- 06-

 5HIHUHQFH
0699)  0699)  0699) 
 7HVWLQJ9ROWDJH 9
 0LQLPXP%HQGLQJ5DGLXV ;%HQGLQJ5DGLXV

0D[
1RPLQDOFURVV 1XPEHU 7KLFNQHVV
7KLFNQHVV$SSUR[ $SSUR[ 0LQLQVXODWLRQ
1RRI FRQGXFWRU
-VHFWLRQDO 'LDPHWHU RI RI RYHUDOO QHW UHVLVWDQFHDW
FRUHV UHVLVWDQFH
DUHD RIZLUHV LQVXODWLRQ VKHDWK GLDPHWHU ZHLJKW ƒ&ƒ&ƒ&
W\SH DWƒ&

PP 1RPP  PP  PP  PP  NJNP  Ÿ.0  0Ÿ-.0 

    [   
3DUDOOHO
WZLQ     [   
       

       
       

       

3DJH
 &RQVWUXFWLRQRI&DEOH939&,QVXODWHG39&6KHDWKHG2UGLQDU\)OH[LEOH&RUG

'UDZLQJ $SSOLFDWLRQ

2UGLQDU\ SRO\YLQ\O FKORULGH FRPSRXQG 39&  LQVXODWHG

39& VKHDWKHG IOH[LEOH FDEOHV DUH VXLWDEOH IRU LQGRRU VPDOO
HOHFWULFDODSSOLDQFHVDQGLQVWUXPHQWV7KHFDEOHVDUHFDSDEOH
RIZLWKVWDQGLQJFHUWDLQH[WHQGRIWZLVWLQJDQGEHQGLQJ7KH
FDEOHV DUH QRW VXLWDEOH IRU SHUPDQHQW H[WHUQDO LQVWDOODWLRQ
QRUIRUXVHGLUHFWO\RULQGLUHFWO\XQGHUJURXQG

39&,QVXODWHG
12 '(6&5,37,21
39&6KHDWKHG
&LUFXODU VWUDQGHG SODLQ DQQHDOHG FRSSHU $FFRUGLQJ WR $FFRUGLQJ WR $FFRUGLQJ WR

ZLUH IOH[LEOH ,(&FODVV ,(&FODVV ,(&FODVV

,GHQWLILFDWLRQRIFRUH
7ZRFRUHV±%OXHDQG%URZQ
7KUHHFRUHV±*UHHQ-DQG-<HOORZ%OXH
7\SH 7\SH
39&'- 39&(-
7\SH 39&(-
DQG%URZQ
 DFFRUGLQJ WR DFFRUGLQJ WR DFFRUGLQJ WR
)RXUFRUHV±*UHHQ-DQG-<HOORZ%ODFN
06- 06- 06-
%OXHDQG%URZQ
)LYHFRUHV±*UHHQ-DQG-<HOORZ%ODFN
%OXH%URZQDQG%ODFN

7\SH 39&67-7\SH 39&67- 7\SH39&67-

 2XWHUVKHDWKVKDOOEHJUH\ DFFRUGLQJ WR DFFRUGLQJ WR DFFRUGLQJ WR
06- 06- 06-
7(&+1,&$/'$7$
 9ROWDJH 9
 0D[LPXP&RQGXFWRU7HPSHUDWXUH ϶& ϶& ϶&
06- 06- 06-
 5HIHUHQFH
0699)  0699)  0699) 
 7HVWLQJ9ROWDJH 9
 0LQLPXP%HQGLQJ5DGLXV ;%HQGLQJ5DGLXV

3DJH
 939&,QVXODWHG39&6KHDWKHG2UGLQDU\)OH[LEOH&RUG

0D[
1RPLQDOFURVV 1XPEHU 7KLFNQHVV
7KLFNQHVV$SSUR[ $SSUR[ 0LQLQVXODWLRQ
1RRI FRQGXFWRU
-VHFWLRQDO 'LDPHWHU RI RI RYHUDOO QHW UHVLVWDQFHDW
FRUHV UHVLVWDQFH
DUHD RIZLUHV LQVXODWLRQ VKHDWK GLDPHWHU ZHLJKW ƒ&ƒ&ƒ&
W\SH DWƒ&

PP 1RPP  PP  PP  PP  NJNP  Ÿ.0  0Ÿ-.0 

3DUDOOHO     [   
WZLQ     [   
       
       

       
       
       
       

       
       
       
       

       
       
       
       

       
       

3DJH
 6$0$.(%(/)L5//)LUH5HVLVWDQW&DEOH

6$0$.(%(/)L5//)LUH5HVLVWDQW&DEOHVDUHLQWHQGHGIRUXVHLQIL[HGLQVWDOODWLRQVLQFULWLFDODUHDV)L5//
)LUH 5HVLVWDQW &DEOHV DUH ORZ VPRNH KDORJHQ IUHH IODPH UHWDUGDQW ILUH UHVLVWDQW DQG KDYLQJ WKH IROORZLQJ
IXQFWLRQDOFKDUDFWHULVWLFV

 &ULWLFDODSSOLFDWLRQV

i )L5//)LUH5HVLVWDQW&DEOHVDUHQRWRQO\VXLWDEOHIRUHPHUJHQF\FLUFXLWVVXFKDVOLJKWLQJSRZHUFRQWURO
LQVWUXPHQWDWLRQ ZLULQJ HWF EXW DOVR IRU DUHDV ZKHUH PDLQWDLQLQJ FLUFXLW LQWHJULW\ DQGRU FRQWURO RI ILUH
VSUHDGDUHGHHPHGGHVLUDEOH

 (QKDQFHGFLUFXLWLQWHJULW\GXULQJILUH

i :KHQILUHEUHDNVRXW)L5//)LUH5HVLVWDQW&DEOHVZLWKLWVH[FHOOHQWILUHUHVLVWDQWFKDUDFWHULVWLFHQKDQFHG
FLUFXLWLQWHJULW\>FRPSO\ZLWK,(&RU66RU%6&DW&:=@ )L5//)LUH5HVLVWDQW&DEOHV
FRPSO\ZLWKWKHPRVWVWULQJHQWILUHSHUIRUPDQFHWHVWVXFKDV66RU%6&DW&:=

¡ 5HVLVWDQFHWRILUHDORQH
0DLQWDLQFLUFXLWLQWHJULW\ZKHQEXUQLQJDWRYHU๦&IRUKRXUVGXULQJWHVW

¡ 5HVLVWDQFHWRILUHDQGZDWHU
0DLQWDLQFLUFXLWLQWHJULW\ZKHQEXUQLQJDW๦&IRUPLQXWHVWKHQIRUPLQXWHVZLWKILUHDQG
ZDWHUGXULQJWHVW

¡ 5HVLVWDQFHWRILUHZLWKPHFKDQLFDOVKRFN
0DLQWDLQFLUFXLWLQWHJULW\ZKHQEXUQLQJDW๦&IRUPLQXWHVZLWKVHFRQGLQWHUYDOKDPPHU
EORZVGXULQJWHVW

 ([FHOOHQWIODPHUHWDUGDQW

i )L5// )LUH 5HVLVWDQW &DEOHV FRPSO\ ZLWK ,(&- WHVW RQ VLQJOH YHUWLFDO LQVXODWHG FDEOH XQGHU ILUH
FRQGLWLRQVDQGLWLVVHOIH[WLQJXLVK)L5//)LUH5HVLVWDQW&DEOHVKDYHH[FHOOHQWIODPHUHWDUGDQWDQGGRQRWGULS
ZKHQEXUQW7KHUHLVPLQLPXPSURGXFWLRQRIIODPLQJGHEULVDQGWKXVUHGXFLQJWKHOLNHOLKRRGRISURSDJDWLQJ
ILUHDQGUHGXFLQJULVNVRIIXUWKHUIODPHGHYHORSPHQW)L5//)LUH5HVLVWDQW&DEOHVDVVLVWLQWKHFRQWURORIILUH
VSUHDGLQJ>FRPSO\ZLWK,(&-- &DW$ RU,(&-- &DW% RU,(&-- &DW& @

¡ ,(&-- &DW$
7RWDOYROXPHRIQRQ-PHWDOOLFPDWHULDOVFRQWDLQHGLQPRIFDEOH /
)ODPHDSSOLFDWLRQWLPHGXULQJWHVW PLQXWHV

¡ ,(&-- &DW%
7RWDOYROXPHRIQRQ-PHWDOOLFPDWHULDOVFRQWDLQHGLQPRIFDEOH /
)ODPHDSSOLFDWLRQWLPHGXULQJWHVW PLQXWHV

¡ ,(&-- &DW&
7RWDOYROXPHRIQRQ-PHWDOOLFPDWHULDOVFRQWDLQHGLQPRIFDEOH /
)ODPHDSSOLFDWLRQWLPHGXULQJWHVW PLQXWHV

 0LQLPXPVPRNHHPLVVLRQ

i 'HQVH VPRNH LV UHOHDVH ZKHQ ILUH EUHDNV RXW DQG LWV UHGXFHV YLVLELOLW\ GXULQJ HYDFXDWLRQ )LUH YLFWLPV
ZRXOG KDYH GLIILFXOWLHV RI FDWFKLQJ EUHDWK ZKHQ VPRNH LV GHQVH DQG ODFN RI R[\JHQ FDXVLQJ SDQLF DQG
GLVRUGHU )L5// )LUH5HVLVWDQW&DEOHVRQO\KDYH PLQLPXPVPRNH HPLVVLRQ>FRPSO\ ZLWK,(&-@
DQGGRQRWUHOHDVHGHQVHVPRNHGXULQJILUHWKXVGRQRWKLQGHUYLFWLPVIURPGLVFRYHULQJHVFDSHURXWH

3DJH
 6$0$.(%(/)L5//)LUH5HVLVWDQW&DEOH

 +DORJHQIUHH

i &HUWDLQHTXLSPHQWZLWKQRUPDOIODPHUHWDUGDQWRUILUHUHVLVWDQWFDEOHRQO\UHWDUGVRUUHVLVWVILUHEXWLWZRXOG
UHOHDVH WR[LF DQG SRLVRQRXV JDVHV ZKHQ LWV HOHFWULF ZLUHV DQG FDEOHV FDXJKW ILUH 7KH XVH RI )L5// )LUH
5HVLVWDQW&DEOHVKRZHYHUHQVXUHKLJKGHJUHHRIVDIHW\LQSXEOLFFRPPHUFLDODQGLQGXVWULDOHQYLURQPHQWVDV
)L5//)LUH5HVLVWDQW&DEOHVFRPSRVHRIQRQ-KDORJHQDWHGPDWHULDOVDVZHOODVWKH\GRQRWUHOHDVHFRUURVLYH
DQGDFLGLFJDVHVVXFKDV+&/RU&2HWF>FRPSO\ZLWK,(&-DQG,(&-@2QO\QRQ-FRUURVLYH
DQG QRQ-DFLGLF JDVHV DUH HPLWWHG GXULQJ ILUH DQG WKHUHIRUH )L5// )LUH 5HVLVWDQW &DEOHV UHGXFH WKUHDW WR
GDPDJHDQGUHGXFHULVNVWRKDPSHUWKHSHUIRUPDQFHRIHPHUJHQF\V\VWHPVDQGKXPDQOXQJV8VLQJ )L5//
)LUH 5HVLVWDQW &DEOHV FDQ WKXV SUHYHQW ORVVHV RI KXPDQ OLYHV DQG LQFUHDVH FKDQFHV RI VXUYLYRU ZKHQ ILUH
EUHDNVRXW )L5// )LUH5HVLVWDQW&DEOHVDUH PRVWVXLWDEOHIRULQVWDOODWLRQLQSXEOLFDUHDVVXFKDVKRVSLWDO
DLUSRUW WKHDWUH VKRSSLQJ FRPSOH[ VWDGLXP WXQQHO VXEZD\ DQG VSHFLDO LQGXVWULDO HQYLURQPHQW VXFK DV
SRZHUVWDWLRQHWF

 (DVHRILQVWDOODWLRQ

i 7KHLQVWDOODWLRQRI)L5//)LUH5HVLVWDQW&DEOHVLVVLPLODUWRQRUPDOLQVWDOODWLRQRIZLUHVDQGFDEOHV)L5//
)LUH 5HVLVWDQW &DEOHV DUH GXUDEOH DQG IOH[LEOH HQRXJK WR EH SXOOHG LQWR FRQGXLW DQG WUXQNLQJ GXULQJ
LQVWDOODWLRQ)L5//)LUH5HVLVWDQW&DEOHVDUHLGHDOWRXSGDWHH[LVWLQJHPHUJHQF\GHYLFHVVXFKDVDODUPDQG
OLJKWLQJ V\VWHPV SUHYLRXVO\ ZLUHG XVLQJ 39& FDEOHV LQ H[LVWLQJ FRQGXLW RU WUXQNLQJ LQ WKH SXEOLF
FRPPHUFLDODQGLQGXVWULDOHQYLURQPHQWV

 5R+6

i 7UDGLWLRQDO 39& FDEOHV ZKLFK FRQWDLQ OHDG ZLOO FDXVH HQYLURQPHQWDO LVVXHV ZKHQ GLVSRVHG LPSURSHUO\
)L5// )LUH 5HVLVWDQW &DEOHV DUH QRQ-OHDG FDEOHV DQG FDQ FRPSO\ ZLWK (XURSHDQ 5R+6 'LUHFWLYH
5HVWULFWLRQ RI +D]DUGRXV 6XEVWDQFHV  )L5// )LUH 5HVLVWDQW &DEOHV GR QRW FRQWDLQ KD]DUGRXV VXEVWDQFHV
VXFK DV FDGPLXP OHDG PHUFXU\ KH[DYDOHQW FKURPLXP SRO\EURPLQDWHG ELSKHQ\OV 3%%V  DQG
SRO\EURPLQDWHGGLSKHQ\OHWKHUV 3%'(V 

 6SHFLDOVKHDWKLQJUHTXLUHPHQWV

i )L5//)LUH5HVLVWDQW&DEOHVXVHVSHFLDOPLFDEDVHGILUH-UHVLVWDQWWDSH ZKLFKLVQRQ-WR[LFKDORJHQ-IUHHDV
LWV SULPDU\ LQVXODWLRQ OD\HU 6HFRQGDU\ LQVXODWLRQ DQG VKHDWKLQJ PDWHULDOV RI )L5// )LUH 5HVLVWDQW &DEOHV
FDQEHVSHFLDOJUDGHRIWKHUPRSODVWLFRUWKHUPRVHWORZVPRNHKDORJHQ-IUHHIODPHUHWDUGDQWPDWHULDOV$QWL-
WHUPLWHVKHDWKLQJRUDQWL-URGHQWVKHDWKLQJRU89SURWHFWLRQVKHDWKLQJRUKLJKHUIODPHUHWDUGDQWVKHDWKLQJLV
DYDLODEOHXSRQUHTXHVW

3DJH
 &RQVWUXFWLRQRI&DEOH91RQ-$UPRXUHG)LUH5HVLVWDQW&DEOH

'UDZLQJ $SSOLFDWLRQ

1RQ-DUPRXUHG )L5// )LUH5HVLVWDQW&DEOHV DUH IRUJHQHUDO

DSSOLFDWLRQ LQ SRZHU DQG VLJQDO ZLULQJV ZKHUH PHFKDQLFDO
GDPDJHV DUH QRW WR EH H[SHFWHG QRW RQO\ IRU HPHUJHQF\
FLUFXLWVEXWIRUDUHDVZKHUHPDLQWDLQLQJFLUFXLWLQWHJULW\DQG
RUFRQWURORIILUH VSUHDGDUHGHHPHGGHVLUDEOH:LWKD KLJK
OHYHO RI ILUH UHVLVWDQFH WKH FDEOHV DUH GXUDEOH DQG IOH[LEOH
HQRXJK WR EH SXOOHG LQWR FRQGXLW DQG WUXQNLQJ DQG DUH WKH
FRVW HIIHFWLYH DOWHUQDWLYH WR VWDQGDUG FDEOH ZLULQJ V\VWHPV
'XHWRLWVORZVPRNHKDORJHQIUHHFRPSRXQGZKLFKHQVXUHV
IODPH UHWDUGDQW ORZ WR[LFLW\ DQG DFLGLF JDVHV DQG VPRNH
HPLVVLRQWKHFDEOHVLQFUHDVHFKDQFHVRIVXUYLYDOGXULQJILUH
EUHDNRXW DQG DUH LGHDO IRU LQVWDOODWLRQ LQ H[LVWLQJ PHWDO
FRQGXLW RU WUXQNLQJ WR XSGDWH H[LVWLQJ DODUP DQG OLJKWLQJ
V\VWHPV SUHYLRXVO\ ZLUHG LQ 39& FDEOHV LQ WKH SXEOLF
FRPPHUFLDO DQG LQGXVWULDO HQYLURQPHQWV 7KH FDEOHV DUH
5R+6 FRPSOLDQFH DQG DUH VXLWDEOH IRU RSHUDWLRQ DW D
PD[LPXPFRQGXFWRUWHPSHUDWXUHRI϶&

/6+),QVXODWHG
12 '(6&5,37,21
/6+)6KHDWKHG
&LUFXODU VWUDQGHG RU FLUFXODU FRPSDFW VWUDQGHG SODLQ
 &RQGXFWRU
DQQHDOHGFRSSHUZLUHDFFRUGLQJWR,(&FODVV
 )ODPHEDUULHUOD\HU 0LFDEDVHGILUHUHVLVWDQWWDSH

,GHQWLILFDWLRQRIFRUHV
6LQJOHFRUH±1DWXUDO
7ZRFRUHV±5HGDQG%ODFN
7KUHHFRUHV±5HG<HOORZDQG%OXH
 /RZVPRNHKDORJHQIUHH /6+) FRPSRXQG 
)RXUFRUHV±5HG<HOORZ%OXHDQG%ODFN
)LYHFRUHVDQGDERYH
1XPEHU     « DQG WKH QXPEHU VKDOO EH
EOXHRUEODFNSULQWHGRQ:KLWHFRUHV

&RUHV VWUDQGHG WRJHWKHU %LQGHU WDSH DQG QRQ-K\JURVFRSLF

 /D\LQJ8S
ILOOHUPD\EHDSSOLHGZKHUHQHFHVVDU\
 2XWHUVKHDWKVKDOOEHRUDQJH /6+)FRPSRXQG
7(&+1,&$/'$7$
 9ROWDJH 9
 0D[LPXP&RQGXFWRU7HPSHUDWXUH ϶&
%6
 5HIHUHQFH
,(&-
 7HVWLQJ9ROWDJH 9
 0LQLPXP%HQGLQJ5DGLXV ;%HQGLQJ5DGLXV

3DJH
 9/6+),QVXODWHG/6+)6KHDWKHG1RQ-$UPRXUHG)LUH5HVLVWDQW&DEOH

1RPLQDO 0D[ 0LQ 6KRUW

1XPEHU 7KLFNQHVV 7KLFNQHVV $SSUR[ $SSUR[
FURVV- FRQGXFWRU LQVXODWLRQ FLUFXLW
1RRI 'LDPHWHU RI RI RYHUDOO QHW
VHFWLRQDO UHVLVWDQFHDW UHVLVWDQFHDW FXUUHQWIRU
FRUHV RIZLUHV LQVXODWLRQ VKHDWK GLDPHWHU ZHLJKW
DUHD ƒ& ƒ& VHF

PP  1RPP  PP PP PP NJNP Ÿ.0 0Ÿ-.0 N$

        

        
        
        
       
       
       
       
       
        
 &RPSDFW       
URXQG
 VWUDQGHG       
       
       
       
       
       
       
        
        
        
        
        
       
       
       
       

       
 &RPSDFW       
URXQG
 VWUDQGHG       
       
       
       
       
       

3DJH
 9/6+),QVXODWHG/6+)6KHDWKHG1RQ-$UPRXUHG)LUH5HVLVWDQW&DEOH

1RPLQDO 0D[ 0LQ 6KRUW

1XPEHU 7KLFNQHVV 7KLFNQHVV $SSUR[ $SSUR[
FURVV- FRQGXFWRU LQVXODWLRQ FLUFXLW
1RRI 'LDPHWHU RI RI RYHUDOO QHW
VHFWLRQDO UHVLVWDQFHDW UHVLVWDQFHDW FXUUHQWIRU
FRUHV RIZLUHV LQVXODWLRQ VKHDWK GLDPHWHU ZHLJKW
DUHD ƒ& ƒ& VHF

PP  1RPP  PP PP PP NJNP Ÿ.0 0Ÿ-.0 N$

        

        
        
        
       
       
       
       

       
 &RPSDFW       
URXQG
 VWUDQGHG       
       
       
       
       
       
        
        
        
        
       
       
       
       

       
 &RPSDFW       
URXQG
 VWUDQGHG       
       
       
       
       
       

3DJH
 9/6+),QVXODWHG/6+)6KHDWKHG1RQ-$UPRXUHG)LUH5HVLVWDQW&DEOH

1RPLQDO 0D[ 0LQ 6KRUW

1XPEHU 7KLFNQHVV 7KLFNQHVV $SSUR[ $SSUR[
FURVV- FRQGXFWRU LQVXODWLRQ FLUFXLW
1RRI 'LDPHWHU RI RI RYHUDOO QHW
VHFWLRQDO UHVLVWDQFHDW UHVLVWDQFHDW FXUUHQWIRU
FRUHV RIZLUHV LQVXODWLRQ VKHDWK GLDPHWHU ZHLJKW
DUHD ƒ& ƒ& VHF

PP  1RPP  PP PP PP NJNP Ÿ.0 0Ÿ-.0 N$

        

        
        
        
       
       

       
 &RPSDFW       
URXQG
 VWUDQGHG       
       
       
       
        
         
        
        
         
        
        
         
        
        
         
        
        
         
        
        
         
        
        
         
        

3DJH
 &RQVWUXFWLRQRI&DEOH9$UPRXUHG)LUH5HVLVWDQW&DEOH

'UDZLQJ $SSOLFDWLRQ

$UPRXUHG)L5//)LUH5HVLVWDQW&DEOHVRIIHUWKHDGYDQWDJHV
RI DQ DUPRXUHG 9 UDWHG ORZ VPRNH KDORJHQ IUHH
FDEOH DQG DUH IRU JHQHUDO DSSOLFDWLRQ LQ SRZHU DQG VLJQDO
ZLULQJVQRWRQO\IRUHPHUJHQF\FLUFXLWVEXWIRUDUHDVZKHUH
PDLQWDLQLQJFLUFXLWLQWHJULW\DQGRUFRQWURORIILUHVSUHDGDUH
GHHPHG GHVLUDEOH 'XH WR LWV ORZ VPRNH KDORJHQ IUHH
FRPSRXQG ZKLFK HQVXUHV IODPH UHWDUGDQW ORZ WR[LFLW\ DQG
DFLGLF JDVHV DQG VPRNH HPLVVLRQ WKH FDEOHV LQFUHDVH
FKDQFHV RI VXUYLYDO GXULQJ ILUH EUHDNRXW 7KH FDEOHV DUH
VXLWDEOH IRU XVH LQ SXEOLF FRPPHUFLDO DQG LQGXVWULDO
HQYLURQPHQWV ZKHUH PDLQWDLQLQJ OLIH HTXLSPHQW DQG
VWUXFWXUHVDUHFULWLFDO7KHFDEOHVDUH5R+6FRPSOLDQFHDQG
DUH VXLWDEOH IRU FRQWLQXRXV RSHUDWLRQ DW D PD[LPXP
FRQGXFWRUWHPSHUDWXUHRI϶&

/6+),QVXODWHG
12 '(6&5,37,21
/6+)6KHDWKHG
&LUFXODUVWUDQGHGRUFLUFXODUFRPSDFWSODLQDQQHDOHGFRSSHU
 &RQGXFWRU
ZLUHDFFRUGLQJWR,(&FODVV
 )ODPHEDUULHUOD\HU 0LFDEDVHGILUHUHVLVWDQWWDSH

,GHQWLILFDWLRQRIFRUHV
6LQJOHFRUH±1DWXUDO
7ZRFRUHV±5HGDQG%ODFN
7KUHHFRUHV±5HG<HOORZDQG%OXH
 /RZVPRNHKDORJHQIUHH /6+) FRPSRXQG
)RXUFRUHV±5HG<HOORZ%OXHDQG%ODFN
)LYHFRUHVDQGDERYH
1XPEHU     « DQG WKH QXPEHU VKDOO EH
EOXHRUEODFNSULQWHGRQ:KLWHFRUHV

&RUHV VWUDQGHG WRJHWKHU %LQGHU WDSH DQG QRQ-K\JURVFRSLF

 /D\LQJ8S
ILOOHUPD\EHDSSOLHGZKHUHQHFHVVDU\
 6HSDUDWLRQVKHDWKVKDOOEHQDWXUDO /6+)FRPSRXQG
6LQJOHFRUH±VLQJOHOD\HURIQRQ-PDJQHWLFPDWHULDOHJ
 $UPRXU DOXPLQLXPZLUH
7ZRFRUHDQGDERYH±VLQJOHOD\HURIJDOYDQL]HGVWHHOZLUH
 2XWHUVKHDWKVKDOOEHRUDQJH /6+)FRPSRXQG
7(&+1,&$/'$7$
 9ROWDJH 9
 0D[LPXP&RQGXFWRU7HPSHUDWXUH ϶&
%6
 5HIHUHQFH
,(&-
 7HVWLQJ9ROWDJH 9
 0LQLPXP%HQGLQJ5DGLXV ;%HQGLQJ5DGLXV

3DJH
 9/6+),QVXODWHG/6+)6KHDWKHG$UPRXUHG)LUH5HVLVWDQW&DEOH

0D[
1RPLQDO 1RPLQDO 0LQ 6KRUW
1XPEHU 7KLFNQHVV7KLFNQHVV 7KLFNQHVV $SSUR[ $SSUR[ FRQGXF
FURVV- DUPRXU LQVXODWLRQ FLUFXLW
1RRI VHFWLRQDO 'LDPHWHU RI RI RI RYHUDOO QHW WRU
ZLUH UHVLVWDQFH FXUUHQW
RIZLUHV LQVXODWLRQ EHGGLQJ VKHDWK GLDPHWHU ZHLJKW UHVLVWDQFH
FRUHV DUHD GLDPHWHU DWƒ& IRUVHF
DWƒ&

PP 1RPP  PP PP PP PP PP NJNP Ÿ.0 0Ÿ-.0  N$

         

         
         
         
&RPSDFW
 URXQG         
 VWUDQGHG
         
         
         
         
          
          
          
          
          
         
         
         
          
         
&RPSDFW
 URXQG         
VWUDQGHG
         
         
         
         
         

3DJH
 9/6+),QVXODWHG/6+)6KHDWKHG$UPRXUHG)LUH5HVLVWDQW&DEOH

1RPLQDO 1RPLQDO 0D[ 0LQ 6KRUW

1XPEHU 7KLFNQHVV7KLFNQHVV 7KLFNQHVV $SSUR[ $SSUR[
FURVV- DUPRXU FRQGXFWRULQVXODWLRQ FLUFXLW
1RRI VHFWLRQDO 'LDPHWHU RI RI RI RYHUDOO QHW
ZLUH UHVLVWDQFH UHVLVWDQFH FXUUHQW
RIZLUHV LQVXODWLRQ EHGGLQJ VKHDWK GLDPHWHU ZHLJKW
FRUHV DUHD GLDPHWHU DWƒ& DWƒ& IRUVHF

PP 1RPP  PP PP PP PP PP NJNP Ÿ.0 0Ÿ-.0  N$

          
          
          
          
         
         
         
          
         
&RPSDFW
 URXQG         
VWUDQGHG
         
         
         
         
         
          
          
          
          
         
         
         
          
         
&RPSDFW
 URXQG         
VWUDQGHG
         
         
         
         
         

3DJH
 9/6+),QVXODWHG/6+)6KHDWKHG$UPRXUHG)LUH5HVLVWDQW&DEOH

1RPLQDO 1RPLQDO 0D[ 0LQ 6KRUW

1XPEHU 7KLFNQHVV7KLFNQHVV 7KLFNQHVV $SSUR[ $SSUR[
FURVV- DUPRXU FRQGXFWRULQVXODWLRQ FLUFXLW
1RRI VHFWLRQDO 'LDPHWHU RI RI RI RYHUDOO QHW
ZLUH UHVLVWDQFH UHVLVWDQFH FXUUHQW
RIZLUHV LQVXODWLRQ EHGGLQJ VKHDWK GLDPHWHU ZHLJKW
FRUHV DUHD GLDPHWHU DWƒ& DWƒ& IRUVHF

PP 1RPP  PP PP PP PP PP NJNP Ÿ.0 0Ÿ-.0  N$

          
          
          
          
         
         

         
 &RPSDFW         
URXQG
 VWUDQGHG         
         
         
         
          
           
          
          
           
          
          
           
          
          
           
          
          
           
          
          
           
          
          
           
          

3DJH
 &RQVWUXFWLRQRI&DEOH91RQ-$UPRXUHG,QVWUXPHQWDWLRQ&DEOH
2YHUDOO6FUHHQHG-&25(

'UDZLQJ $SSOLFDWLRQ

,QVWUXPHQWDWLRQ QRQ-DUPRXUHG FDEOHV DUH JHQHUDOO\ XVHG LQ

WKH SHWUROHXP DQG SHWURFKHPLFDO LQGXVWULHV 7KHVH FDEOHV
DUH JHQHUDOO\ IRU LQGRRU FRQWURO DSSOLFDWLRQV DQG WKH\ DUH
GHVLJQHGIRUXVHLQLQWULQVLFDOO\VDIHV\VWHP7KHFDEOHVDUH
RYHUDOOVKLHOGHGIRULVRODWLRQDQGQRLVHUHGXFWLRQ

39&,QVXODWHG
12 '(6&5,37,21
39&6KHDWKHG
&LUFXODU VWUDQGHG SODLQ DQQHDOHG FRSSHU ZLUH DFFRUGLQJ WR
 &RQGXFWRU
,(&

,GHQWLILFDWLRQRIFRUHV
7ZRFRUHV±5HGDQG%ODFN
7KUHHFRUHV±5HG<HOORZDQG%OXH
3RO\YLQ\O FKORULGH FRPSRXQG 39&  W\SH 7, DFFRUGLQJ WR
 )RXUFRUHV±5HG<HOORZ%OXHDQG%ODFN
%6(1-
)LYHFRUHVDQGDERYH
1XPEHU«DQGWKHQXPEHUVKDOOEH
EOXHRUEODFNSULQWHGRQ:KLWHFRUHV

&RUHVVWUDQGHGWRJHWKHU%LQGHUWDSHDQGQRQ-K\JURVFRSLFILOOHU
 /D\LQJ8S
PD\EHDSSOLHGZKHUHQHFHVVDU\
$OXPLQLXP SRO\HVWHU WDSH ZLWK PHWDOOLF VLGH GRZQZDUG LQ
 2YHUDOO6FUHHQ
FRQWDFWZLWKDPPWLQQHGFRSSHUGUDLQZLUH 237,21$/ 
 2XWHUVKHDWKVKDOOEHEODFN 39&W\SH70DFFRUGLQJWR%6(1-
7(&+1,&$/'$7$
 9ROWDJH 9
 0D[LPXP&RQGXFWRU7HPSHUDWXUH ϶&
 5HIHUHQFH %6(1-
 7HVWLQJ9ROWDJH 9
 0LQLPXP%HQGLQJ5DGLXV ;%HQGLQJ5DGLXV

3DJH
 939&,QVXODWHG39&6KHDWKHG1RQ-$UPRXUHG,QVWUXPHQWDWLRQ&DEOH
&839&26&539&0XOWL-FRUH 2YHUDOO6FUHHQHG

1RPLQDO 0D[
1XPEHU 7KLFNQHVV 7KLFNQHVV $SSUR[ $SSUR[
FURVV- &ODVVRI FRQGXFWRU 0D[LPXP
1RRI 'LDPHWHU RI RI RYHUDOO QHW
VHFWLRQDO FRQGXFWRU UHVLVWDQFHDW /5UDWLR
FRUHV RIZLUHV LQVXODWLRQ VKHDWK GLDPHWHU ZHLJKW
DUHD ,(&  ƒ&

PP 1RPP PP PP PP NJNP Ÿ.0 ȝ+Ÿ

       

       
        
        
       
       

       
        
        
       
       

       
        
        
       
       

       
        
        
       
       

       
        
        
       
       

       
        
        
       
       

       
        
        
       
       

       
        
        
       

3DJH
 &RQVWUXFWLRQRI&DEOH91RQ-$UPRXUHG,QVWUXPHQWDWLRQ&DEOH
2YHUDOO6FUHHQHG-3$,5

'UDZLQJ $SSOLFDWLRQ

,QVWUXPHQWDWLRQ QRQ-DUPRXUHG FDEOHV DUH JHQHUDOO\ XVHG LQ

WKH SHWUROHXP DQG SHWURFKHPLFDO LQGXVWULHV 7KHVH FDEOHV
DUH JHQHUDOO\ IRU LQGRRU FRQWURO DSSOLFDWLRQV DQG WKH\ DUH
GHVLJQHGIRUXVHLQLQWULQVLFDOO\VDIHV\VWHP7KHFDEOHVDUH
RYHUDOOVKLHOGHGIRULVRODWLRQDQGQRLVHUHGXFWLRQ

39&,QVXODWHG ;/3(,QVXODWHG
12 '(6&5,37,21
39&6KHDWKHG 39&6KHDWKHG
&LUFXODU VWUDQGHG SODLQ DQQHDOHG FRSSHU ZLUH DFFRUGLQJ WR
 &RQGXFWRU
,(&
,GHQWLILFDWLRQRIFRUHV
6LQJOHSDLU±%ODFNDQG:KLWH 3RO\YLQ\O FKORULGH FRPSRXQG &URVV-OLQNHG SRO\HWK\OHQH
 0XOWLSDLUVDQGDERYH 39&  W\SH 7, DFFRUGLQJ WR;/3(  DFFRUGLQJ WR
1XPEHU  « DQG WKH QXPEHU VKDOO EH %6(1- %6(1-
\HOORZRUEODFNSULQWHGRQ:KLWHFRUHV
3DLUVVWUDQGHGWRJHWKHU%LQGHUWDSHDQGQRQ-K\JURVFRSLFILOOHUPD\
 /D\LQJ8S
EHDSSOLHGZKHUHQHFHVVDU\
$OXPLQLXP SRO\HVWHU WDSH ZLWK PHWDOOLF VLGH GRZQZDUG LQ FRQWDFW
 2YHUDOO6FUHHQ
ZLWKDPPWLQQHGFRSSHUGUDLQZLUH 237,21$/ 
39& W\SH 70  DFFRUGLQJ WR 39& W\SH 67 DFFRUGLQJ WR
 2XWHUVKHDWKVKDOOEHEODFN
%6(1- %6(1-
7(&+1,&$/'$7$
 9ROWDJH 9
 0D[LPXP&RQGXFWRU7HPSHUDWXUH ϶& ϶&
 5HIHUHQFH %6(1-
 7HVWLQJ9ROWDJH 9
 0LQLPXP%HQGLQJ5DGLXV ;%HQGLQJ5DGLXV

3DJH
 939&,QVXODWHG39&6KHDWKHG1RQ-$UPRXUHG,QVWUXPHQWDWLRQ&DEOH
&839&26&539&6LQJOH-SDLU 0XOWL-SDLU 2YHUDOO6FUHHQHG

1RPLQDO 0D[
1XPEHU 7KLFNQHVV 7KLFNQHVV $SSUR[ $SSUR[
FURVV- &ODVVRI FRQGXFWRU 0D[LPXP
1RRI 'LDPHWHU RI RI RYHUDOO QHW
VHFWLRQDO FRQGXFWRU UHVLVWDQFHDW /5UDWLR
SDLUV RIZLUHV LQVXODWLRQ VKHDWK GLDPHWHU ZHLJKW
DUHD ,(&  ƒ&

PP 1RPP PP PP PP NJNP Ÿ.0 ȝ+Ÿ

       

       
        
        
       
       

       
        
        
       
       

       
        
        
       
       

       
        
        
       
       

       
        
        
       
       

       
        
        
       
       

       
        
        
       
       

       
        
        
       

3DJH
 9;/3(,QVXODWHG39&6KHDWKHG1RQ-$UPRXUHG,QVWUXPHQWDWLRQ&DEOH
&8;/3(26&539&6LQJOH-SDLU 0XOWL-SDLU 2YHUDOO6FUHHQHG

1RPLQDO 0D[
1XPEHU 7KLFNQHVV 7KLFNQHVV $SSUR[ $SSUR[
FURVV- &ODVVRI FRQGXFWRU 0D[LPXP
1RRI 'LDPHWHU RI RI RYHUDOO QHW
VHFWLRQDO FRQGXFWRU UHVLVWDQFHDW /5UDWLR
SDLUV RIZLUHV LQVXODWLRQ VKHDWK GLDPHWHU ZHLJKW
DUHD ,(&  ƒ&

PP 1RPP PP PP PP NJNP Ÿ.0 ȝ+Ÿ

       

       
        
        
       
       

       
        
        
       
       

       
        
        
       
       

       
        
        
       
       

       
        
        
       
       

       
        
        
       
       

       
        
        
       
       

       
        
        
       

3DJH
 &RQVWUXFWLRQRI&DEOH91RQ-$UPRXUHG,QVWUXPHQWDWLRQ&DEOH
2YHUDOO6FUHHQHG-75,$'

'UDZLQJ $SSOLFDWLRQ

,QVWUXPHQWDWLRQ QRQ-DUPRXUHG FDEOHV DUH JHQHUDOO\ XVHG LQ

WKH SHWUROHXP DQG SHWURFKHPLFDO LQGXVWULHV 7KHVH FDEOHV
DUH JHQHUDOO\ IRU LQGRRU FRQWURO DSSOLFDWLRQV DQG WKH\ DUH
GHVLJQHGIRUXVHLQLQWULQVLFDOO\VDIHV\VWHP7KHFDEOHVDUH
RYHUDOOVKLHOGHGIRULVRODWLRQDQGQRLVHUHGXFWLRQ

39&,QVXODWHG ;/3(,QVXODWHG
12 '(6&5,37,21
39&6KHDWKHG 39&6KHDWKHG
&LUFXODU VWUDQGHG SODLQ DQQHDOHG FRSSHU ZLUH DFFRUGLQJ WR
 &RQGXFWRU
,(&
,GHQWLILFDWLRQRIFRUHV
6LQJOHWULDG±%ODFN:KLWHDQG5HG 3RO\YLQ\O FKORULGH FRPSRXQG &URVV-OLQNHG SRO\HWK\OHQH
 0XOWLWULDGVDQGDERYH 39&  W\SH 7, DFFRUGLQJ WR;/3(  DFFRUGLQJ WR
1XPEHU   « DQG WKH QXPEHU VKDOO EH %6(1- %6(1-
\HOORZRUEODFNSULQWHGRQ:KLWHFRUHV
7ULDGV VWUDQGHG WRJHWKHU %LQGHU WDSH DQG QRQ-K\JURVFRSLF
 /D\LQJ8S
ILOOHUPD\EHDSSOLHGZKHUHQHFHVVDU\
$OXPLQLXP SRO\HVWHU WDSH ZLWK PHWDOOLF VLGH GRZQZDUG LQ
 2YHUDOO6FUHHQ FRQWDFW ZLWK D PP WLQQHG FRSSHU GUDLQ ZLUH 
237,21$/ 
39&W\SH70DFFRUGLQJWR 39& W\SH 67 DFFRUGLQJ WR
 2XWHUVKHDWKVKDOOEHEODFN
%6(1- %6(1-
7(&+1,&$/'$7$
 9ROWDJH 9
 0D[LPXP&RQGXFWRU7HPSHUDWXUH ϶& ϶&
 5HIHUHQFH %6(1-
 7HVWLQJ9ROWDJH 9
 0LQLPXP%HQGLQJ5DGLXV ;%HQGLQJ5DGLXV

3DJH
 939&,QVXODWHG39&6KHDWKHG1RQ-$UPRXUHG,QVWUXPHQWDWLRQ&DEOH
&839&26&539&6LQJOH-WULDG 0XOWL-WULDG 2YHUDOO6FUHHQHG

1RPLQDO 0D[
1XPEHU 7KLFNQHVV 7KLFNQHVV $SSUR[ $SSUR[
FURVV- &ODVVRI FRQGXFWRU 0D[LPXP
1RRI 'LDPHWHU RI RI RYHUDOO QHW
VHFWLRQDO FRQGXFWRU UHVLVWDQFHDW /5UDWLR
WULDGV RIZLUHV LQVXODWLRQ VKHDWK GLDPHWHU ZHLJKW
DUHD ,(&  ƒ&

PP 1RPP PP PP PP NJNP Ÿ.0 ȝ+Ÿ

       


       
        
        
       
       

       
        
        
       
       

       
        
        
       
       

       
        
        
       
       

       
        
        
       
       

       
        
        
       

3DJH
 9;/3(,QVXODWHG39&6KHDWKHG1RQ-$UPRXUHG,QVWUXPHQWDWLRQ&DEOH
&8;/3(26&539&6LQJOH-WULDG 0XOWL-WULDG 2YHUDOO6FUHHQHG

1RPLQDO 0D[
1XPEHU 7KLFNQHVV 7KLFNQHVV $SSUR[ $SSUR[
FURVV- &ODVVRI FRQGXFWRU 0D[LPXP
1RRI 'LDPHWHU RI RI RYHUDOO QHW
VHFWLRQDO FRQGXFWRU UHVLVWDQFHDW /5UDWLR
WULDGV RIZLUHV LQVXODWLRQ VKHDWK GLDPHWHU ZHLJKW
DUHD ,(&  ƒ&

PP 1RPP PP PP PP NJNP Ÿ.0 ȝ+Ÿ

       


       
        
        
       
       

       
        
        
       
       

       
        
        
       
       

       
        
        
       
       

       
        
        
       
       

       
        
        
       

3DJH
 &RQVWUXFWLRQRI&DEOH91RQ-$UPRXUHG,QVWUXPHQWDWLRQ&DEOH
,QGLYLGXDOO\6FUHHQHG 2YHUDOO6FUHHQHG-3$,5

'UDZLQJ $SSOLFDWLRQ

,QVWUXPHQWDWLRQ QRQ-DUPRXUHG FDEOHV DUH JHQHUDOO\ XVHG LQ

WKH SHWUROHXP DQG SHWURFKHPLFDO LQGXVWULHV 7KHVH FDEOHV
DUH JHQHUDOO\ IRU LQGRRU FRQWURO DSSOLFDWLRQV DQG WKH\ DUH
GHVLJQHGIRUXVHLQLQWULQVLFDOO\VDIHV\VWHP7KHFDEOHVDUH
LQGLYLGXDOO\ DQG RYHUDOO VKLHOGHG IRU JUHDWHU LVRODWLRQ DQG
QRLVHUHGXFWLRQ

39&,QVXODWHG ;/3(,QVXODWHG
12 '(6&5,37,21
39&6KHDWKHG 39&6KHDWKHG
&LUFXODU VWUDQGHG SODLQ DQQHDOHG FRSSHU ZLUH DFFRUGLQJ WR
 &RQGXFWRU
,(&
,GHQWLILFDWLRQRIFRUHV
6LQJOHSDLU±%ODFNDQG:KLWH 3RO\YLQ\O FKORULGH FRPSRXQG &URVV-OLQNHG SRO\HWK\OHQH
 0XOWLSDLUVDQGDERYH 39&  W\SH 7, DFFRUGLQJ WR ;/3(  DFFRUGLQJ WR
1XPEHU«DQGWKHQXPEHUVKDOOEH\HOORZ %6(1- %6(1-
RUEODFNSULQWHGRQ:KLWHFRUHV
$OXPLQLXP SRO\HVWHU WDSH ZLWK PHWDOOLF VLGH GRZQZDUG LQ
 ,QGLYLGXDO6FUHHQ
FRQWDFWZLWKDPPWLQQHGFRSSHUGUDLQZLUH 237,21$/ 
3DLUVVWUDQGHGWRJHWKHU%LQGHUWDSHDQGQRQ-K\JURVFRSLFILOOHU
 /D\LQJ8S
PD\EHDSSOLHGZKHUHQHFHVVDU\
$OXPLQLXP SRO\HVWHU WDSH ZLWK PHWDOOLF VLGH GRZQZDUG LQ
 2YHUDOO6FUHHQ
FRQWDFWZLWKDPPWLQQHGFRSSHUGUDLQZLUH 237,21$/ 
39&W\SH70DFFRUGLQJWR 39& W\SH 67 DFFRUGLQJ WR
 2XWHUVKHDWKVKDOOEHEODFN
%6(1- %6(1-
7(&+1,&$/'$7$
 9ROWDJH 9
 0D[LPXP&RQGXFWRU7HPSHUDWXUH ϶& ϶&
 5HIHUHQFH %6(1-
 7HVWLQJ9ROWDJH 9
 0LQLPXP%HQGLQJ5DGLXV ;%HQGLQJ5DGLXV

3DJH
 939&,QVXODWHG39&6KHDWKHG1RQ-$UPRXUHG,QVWUXPHQWDWLRQ&DEOH
&839&,6&526&539&0XOWL-SDLU ,QGLYLGXDOO\3DLU 2YHUDOO6FUHHQHG

1RPLQDO 0D[
1XPEHU 7KLFNQHVV 7KLFNQHVV $SSUR[ $SSUR[
FURVV- &ODVVRI FRQGXFWRU 0D[LPXP
1RRI 'LDPHWHU RI RI RYHUDOO QHW
VHFWLRQDO FRQGXFWRU UHVLVWDQFHDW /5UDWLR
SDLUV RIZLUHV LQVXODWLRQ VKHDWK GLDPHWHU ZHLJKW
DUHD ,(&  ƒ&

PP 1RPP PP PP PP NJNP Ÿ.0 ȝ+Ÿ

       


       
        
        
       
       

       
        
        
       
       

       
        
        
       
       

       
        
        
       
       

       
        
        
       
       

       
        
        
       
       

       
        
        
       

3DJH
 9;/3(,QVXODWHG39&6KHDWKHG1RQ-$UPRXUHG,QVWUXPHQWDWLRQ&DEOH
&8;/3(,6&526&539&0XOWL-SDLU ,QGLYLGXDOO\3DLU 2YHUDOO6FUHHQHG

1RPLQDO 0D[
1XPEHU 7KLFNQHVV 7KLFNQHVV $SSUR[ $SSUR[
FURVV- &ODVVRI FRQGXFWRU 0D[LPXP
1RRI 'LDPHWHU RI RI RYHUDOO QHW
VHFWLRQDO FRQGXFWRU UHVLVWDQFHDW /5UDWLR
SDLUV RIZLUHV LQVXODWLRQ VKHDWK GLDPHWHU ZHLJKW
DUHD ,(&  ƒ&

PP 1RPP PP PP PP NJNP Ÿ.0 ȝ+Ÿ

       


       
        
        
       
       

       
        
        
       
       

       
        
        
       
       

       
        
        
       
       

       
        
        
       
       

       
        
        
       
       

       
        
        
       

3DJH
 &RQVWUXFWLRQRI&DEOH91RQ-$UPRXUHG,QVWUXPHQWDWLRQ&DEOH
,QGLYLGXDOO\6FUHHQHG 2YHUDOO6FUHHQHG-75,$'

'UDZLQJ $SSOLFDWLRQ

,QVWUXPHQWDWLRQ QRQ-DUPRXUHG FDEOHV DUH JHQHUDOO\ XVHG LQ

WKH SHWUROHXP DQG SHWURFKHPLFDO LQGXVWULHV 7KHVH FDEOHV
DUH JHQHUDOO\ IRU LQGRRU FRQWURO DSSOLFDWLRQV DQG WKH\ DUH
GHVLJQHGIRUXVHLQLQWULQVLFDOO\VDIHV\VWHP7KHFDEOHVDUH
LQGLYLGXDOO\ DQG RYHUDOO VKLHOGHG IRU JUHDWHU LVRODWLRQ DQG
QRLVHUHGXFWLRQ

39&,QVXODWHG ;/3(,QVXODWHG
12 '(6&5,37,21
39&6KHDWKHG 39&6KHDWKHG
&LUFXODU VWUDQGHG SODLQ DQQHDOHG FRSSHU ZLUH DFFRUGLQJ WR
 &RQGXFWRU
,(&
,GHQWLILFDWLRQRIFRUHV
6LQJOHWULDG±%ODFN:KLWHDQG5HG 3RO\YLQ\O FKORULGH FRPSRXQG &URVV-OLQNHG SRO\HWK\OHQH
 0XOWLWULDGVDQGDERYH 39&  W\SH 7, DFFRUGLQJ WR
;/3(  DFFRUGLQJ WR
1XPEHU   « DQG WKH QXPEHU VKDOO EH %6(1- %6(1-
\HOORZRUEODFNSULQWHGRQ:KLWHFRUHV
$OXPLQLXP SRO\HVWHU WDSH ZLWK PHWDOOLF VLGH GRZQZDUG LQ
 ,QGLYLGXDO6FUHHQ
FRQWDFWZLWKDPPWLQQHGFRSSHUGUDLQZLUH 237,21$/ 
7ULDGV VWUDQGHG WRJHWKHU %LQGHU WDSH DQG QRQ-K\JURVFRSLF
 /D\LQJ8S
ILOOHUPD\EHDSSOLHGZKHUHQHFHVVDU\
$OXPLQLXP SRO\HVWHU WDSH ZLWK PHWDOOLF VLGH GRZQZDUG LQ
 2YHUDOO6FUHHQ
FRQWDFWZLWKDPPWLQQHGFRSSHUGUDLQZLUH 237,21$/ 
39& W\SH 70  DFFRUGLQJ WR39& W\SH 67 DFFRUGLQJ WR
 2XWHUVKHDWKVKDOOEHEODFN
%6(1- %6(1-
7(&+1,&$/'$7$
 9ROWDJH 9
 0D[LPXP&RQGXFWRU7HPSHUDWXUH ϶& ϶&
 5HIHUHQFH %6(1-
 7HVWLQJ9ROWDJH 9
 0LQLPXP%HQGLQJ5DGLXV ;%HQGLQJ5DGLXV

3DJH
 939&,QVXODWHG39&6KHDWKHG1RQ-$UPRXUHG,QVWUXPHQWDWLRQ&DEOH
&839&,6&526&539&0XOWL-WULDG ,QGLYLGXDOO\3DLU 2YHUDOO6FUHHQHG

1RPLQDO 0D[
1XPEHU 7KLFNQHVV 7KLFNQHVV $SSUR[ $SSUR[
FURVV- &ODVVRI FRQGXFWRU 0D[LPXP
1RRI 'LDPHWHU RI RI RYHUDOO QHW
VHFWLRQDO FRQGXFWRU UHVLVWDQFHDW /5UDWLR
WULDGV RIZLUHV LQVXODWLRQ VKHDWK GLDPHWHU ZHLJKW
DUHD ,(&  ƒ&

PP 1RPP PP PP PP NJNP Ÿ.0 ȝ+Ÿ

       


       
        
        
       
       

       
        
        
       
       

       
        
        
       
       

       
        
        
       
       

       
        
        
       

3DJH
 9;/3(,QVXODWHG39&6KHDWKHG1RQ-$UPRXUHG,QVWUXPHQWDWLRQ&DEOH
&8;/3(,6&526&539&0XOWL-WULDG ,QGLYLGXDOO\3DLU 2YHUDOO6FUHHQHG

1RPLQDO 0D[
1XPEHU 7KLFNQHVV 7KLFNQHVV $SSUR[ $SSUR[
FURVV- &ODVVRI FRQGXFWRU 0D[LPXP
1RRI 'LDPHWHU RI RI RYHUDOO QHW
VHFWLRQDO FRQGXFWRU UHVLVWDQFHDW /5UDWLR
WULDGV RIZLUHV LQVXODWLRQ VKHDWK GLDPHWHU ZHLJKW
DUHD ,(&  ƒ&

PP 1RPP PP PP PP NJNP Ÿ.0 ȝ+Ÿ

       


       
        
        
       
       

       
        
        
       
       

       
        
        
       
       

       
        
        
       
       

       
        
        
       

3DJH
 &RQVWUXFWLRQRI&DEOH9$UPRXUHG,QVWUXPHQWDWLRQ&DEOH
2YHUDOO6FUHHQHG-&25(

'UDZLQJ $SSOLFDWLRQ

,QVWUXPHQWDWLRQ DUPRXUHG FDEOHV  DUH JHQHUDOO\ XVHG LQ WKH

SHWUROHXP DQG SHWURFKHPLFDO LQGXVWULHV 7KHVH FDEOHV DUH
VXLWDEOH IRU EXULDO XQGHUJURXQG DQG WKH\ DUH GHVLJQHG IRU
XVH LQ LQWULQVLFDOO\ VDIH V\VWHP 7KH FDEOHV DUH RYHUDOO
VKLHOGHGIRULVRODWLRQDQGQRLVHUHGXFWLRQ

39&,QVXODWHG
12 '(6&5,37,21
39&6KHDWKHG
&LUFXODU VWUDQGHG SODLQ DQQHDOHG FRSSHU ZLUH DFFRUGLQJ WR
 &RQGXFWRU
,(&

,GHQWLILFDWLRQRIFRUHV
7ZRFRUHV±5HGDQG%ODFN
7KUHHFRUHV±5HG<HOORZDQG%OXH
3RO\YLQ\O FKORULGH FRPSRXQG 39&  W\SH 7, DFFRUGLQJ WR
 )RXUFRUHV±5HG<HOORZ%OXHDQG%ODFN
%6(1-
)LYHFRUHVDQGDERYH
1XPEHU     « DQG WKH QXPEHU VKDOO
EHEOXHRUEODFNSULQWHGRQ:KLWHFRUHV

&RUHVVWUDQGHGWRJHWKHU%LQGHUWDSHDQGQRQ-K\JURVFRSLFILOOHU
 /D\LQJ8S
PD\EHDSSOLHGZKHUHQHFHVVDU\
$OXPLQLXP SRO\HVWHU WDSH ZLWK PHWDOOLF VLGH GRZQZDUG LQ
 2YHUDOO6FUHHQ
FRQWDFWZLWKDPPWLQQHGFRSSHUGUDLQZLUH 237,21$/ 
 6HSDUDWLRQVKHDWKVKDOOEHEODFN 39&W\SH70DFFRUGLQJWR%6(1-
6LQJOHOD\HURIJDOYDQL]HGVWHHOZLUH
 $UPRXU
%LQGHUWDSHPD\EHDSSOLHGZKHUHQHFHVVDU\
 2XWHUVKHDWKVKDOOEHEODFN 39&70DFFRUGLQJWR%6(1-
7(&+1,&$/'$7$
 9ROWDJH 9
 0D[LPXP&RQGXFWRU7HPSHUDWXUH ϶&
 5HIHUHQFH %6(1-
 7HVWLQJ9ROWDJH 9
 0LQLPXP%HQGLQJ5DGLXV ;%HQGLQJ5DGLXV

3DJH
 939&,QVXODWHG39&6KHDWKHG$UPRXUHG,QVWUXPHQWDWLRQ&DEOH
&839&26&539&6:$39&0XOWL-FRUH 2YHUDOO6FUHHQHG

1RPLQDO 1RPLQDO 0D[

1XPEHU 7KLFNQHVV7KLFNQHVV 7KLFNQHVV $SSUR[ $SSUR[
1R FURVV- &ODVVRI 'LDPHWHU DUPRXU FRQGXFWRU 0D[
RI RI RI RYHUDOO QHW
RI VHFWLRQDO FRQGXFWRU RIZLUHV LQVXODWLRQ EHGGLQJ ZLUH UHVLVWDQFH /5UDWLR
VKHDWK GLDPHWHU ZHLJKW
FRUHV DUHD ,(&  GLDPHWHU DWƒ&

PP 1RPP PP PP PP PP PP NJNP Ÿ.0 ȝ+Ÿ

         

           
         
         
           
         
         
           
         
         
           
         
         
           
         
         
           
         
         
           
         
         
           
         

3DJH
 &RQVWUXFWLRQRI&DEOH9$UPRXUHG,QVWUXPHQWDWLRQ&DEOH
2YHUDOO6FUHHQHG-3$,5

'UDZLQJ $SSOLFDWLRQ

,QVWUXPHQWDWLRQ DUPRXUHG FDEOHV  DUH JHQHUDOO\ XVHG LQ WKH

SHWUROHXP DQG SHWURFKHPLFDO LQGXVWULHV 7KHVH FDEOHV DUH
VXLWDEOH IRU EXULDO XQGHUJURXQG DQG WKH\ DUH GHVLJQHG IRU
XVH LQ LQWULQVLFDOO\ VDIH V\VWHP 7KH FDEOHV DUH RYHUDOO
VKLHOGHGIRULVRODWLRQDQGQRLVHUHGXFWLRQ

39&,QVXODWHG ;/3(,QVXODWHG
12 '(6&5,37,21
39&6KHDWKHG 39&6KHDWKHG
&LUFXODU VWUDQGHG SODLQ DQQHDOHG FRSSHU ZLUH DFFRUGLQJ WR
 &RQGXFWRU
,(&
,GHQWLILFDWLRQRIFRUHV
6LQJOHSDLU±%ODFNDQG:KLWH 3RO\YLQ\O FKORULGH FRPSRXQG &URVV-OLQNHG SRO\HWK\OHQH
 0XOWLSDLUVDQGDERYH 39&  W\SH 7, DFFRUGLQJ WR;/3(  DFFRUGLQJ WR
1XPEHU  « DQG WKH QXPEHU VKDOO EH %6(1- %6(1-
\HOORZRUEODFNSULQWHGRQ:KLWHFRUHV
3DLUV VWUDQGHG WRJHWKHU %LQGHU WDSH DQG QRQ-K\JURVFRSLF ILOOHU
 /D\LQJ8S
PD\EHDSSOLHGZKHUHQHFHVVDU\
$OXPLQLXPSRO\HVWHUWDSHZLWKPHWDOOLFVLGHGRZQZDUGLQFRQWDFW
 2YHUDOO6FUHHQ
ZLWKDPPWLQQHGFRSSHUGUDLQZLUH 237,21$/ 
39& W\SH 70  DFFRUGLQJ WR 39& W\SH 67 DFFRUGLQJ WR
 6HSDUDWLRQVKHDWKVKDOOEHEODFN
%6(1- %6(1-
6LQJOHOD\HURIJDOYDQL]HGVWHHOZLUH
 $UPRXU
%LQGHUWDSHPD\EHDSSOLHGZKHUHQHFHVVDU\
39& W\SH 70  DFFRUGLQJ WR 39& W\SH 67 DFFRUGLQJ WR
 2XWHUVKHDWKVKDOOEHEODFN
%6(1- %6(1-
7(&+1,&$/'$7$
 9ROWDJH 9
 0D[LPXP&RQGXFWRU7HPSHUDWXUH ϶& ϶&
 5HIHUHQFH %6(1-
 7HVWLQJ9ROWDJH 9
 0LQLPXP%HQGLQJ5DGLXV ;%HQGLQJ5DGLXV

3DJH
 939&,QVXODWHG39&6KHDWKHG$UPRXUHG,QVWUXPHQWDWLRQ&DEOH
&839&26&539&6:$39&6LQJOH-SDLU 0XOWL-SDLU 2YHUDOO6FUHHQHG

1RPLQDO 1RPLQDO 0D[

1XPEHU 7KLFNQHVV7KLFNQHVV 7KLFNQHVV $SSUR[ $SSUR[
1R FURVV- &ODVVRI 'LDPHWHU DUPRXU FRQGXFWRU 0D[
RI RI RI RYHUDOO QHW
RI VHFWLRQDO FRQGXFWRU RIZLUHV LQVXODWLRQ EHGGLQJ ZLUH UHVLVWDQFH /5UDWLR
VKHDWK GLDPHWHU ZHLJKW
SDLUV DUHD ,(&  GLDPHWHU DWƒ&

PP  1RPP  PP PP PP PP PP NJNP Ÿ.0 ȝ+Ÿ

         

           
         
         
           
         
         
           
         
         
           
         
         
           
         
         
           
         
         
           
         
         
           
         

3DJH
 9;/3(,QVXODWHG39&6KHDWKHG$UPRXUHG,QVWUXPHQWDWLRQ&DEOH
&8;/3(26&539&6:$39&6LQJOH-SDLU 0XOWL-SDLU 2YHUDOO6FUHHQHG

1RPLQDO 1RPLQDO 0D[

1XPEHU 7KLFNQHVV7KLFNQHVV 7KLFNQHVV $SSUR[ $SSUR[
1R FURVV- &ODVVRI 'LDPHWHU DUPRXU FRQGXFWRU 0D[
RI RI RI RYHUDOO QHW
RI VHFWLRQDO FRQGXFWRU RIZLUHV LQVXODWLRQ EHGGLQJ ZLUH UHVLVWDQFH /5UDWLR
VKHDWK GLDPHWHU ZHLJKW
SDLUV DUHD ,(&  GLDPHWHU DWƒ&

PP  1RPP  PP PP PP PP PP NJNP Ÿ.0 ȝ+Ÿ

         

           
         
         
           
         
         
           
         
         
           
         
         
           
         
         
           
         
         
           
         
         
           
         

3DJH
 &RQVWUXFWLRQRI&DEOH9$UPRXUHG,QVWUXPHQWDWLRQ&DEOH
2YHUDOO6FUHHQHG-75,$'

'UDZLQJ $SSOLFDWLRQ

,QVWUXPHQWDWLRQ DUPRXUHG FDEOHV  DUH JHQHUDOO\ XVHG LQ WKH

SHWUROHXP DQG SHWURFKHPLFDO LQGXVWULHV 7KHVH FDEOHV DUH
VXLWDEOH IRU EXULDO XQGHUJURXQG DQG WKH\ DUH GHVLJQHG IRU
XVH LQ LQWULQVLFDOO\ VDIH V\VWHP 7KH FDEOHV DUH RYHUDOO
VKLHOGHGIRULVRODWLRQDQGQRLVHUHGXFWLRQ

39&,QVXODWHG ;/3(,QVXODWHG
12 '(6&5,37,21
39&6KHDWKHG 39&6KHDWKHG
&LUFXODU VWUDQGHG SODLQ DQQHDOHG FRSSHU ZLUH DFFRUGLQJ WR
 &RQGXFWRU
,(&
,GHQWLILFDWLRQRIFRUHV
6LQJOHWULDG±%ODFN:KLWHDQG5HG 3RO\YLQ\O FKORULGH FRPSRXQG &URVV-OLQNHG SRO\HWK\OHQH
 0XOWLWULDGVDQGDERYH 39&  W\SH 7, DFFRUGLQJ WR ;/3(  DFFRUGLQJ WR
1XPEHU   « DQG WKH QXPEHU VKDOO EH %6(1- %6(1-
\HOORZRUEODFNSULQWHGRQ:KLWHFRUHV
7ULDGV VWUDQGHG WRJHWKHU %LQGHU WDSH DQG QRQ-K\JURVFRSLF ILOOHU
 /D\LQJ8S
PD\EHDSSOLHGZKHUHQHFHVVDU\
$OXPLQLXP SRO\HVWHU WDSH ZLWK PHWDOOLF VLGH GRZQZDUG LQ
 2YHUDOO6FUHHQ
FRQWDFWZLWKDPPWLQQHGFRSSHUGUDLQZLUH 237,21$/
39& W\SH 70  DFFRUGLQJ WR 39& W\SH 67 DFFRUGLQJ WR
 6HSDUDWLRQVKHDWKVKDOOEHEODFN
%6(1- %6(1-
6LQJOHOD\HURIJDOYDQL]HGVWHHOZLUH
 $UPRXU
%LQGHUWDSHPD\EHDSSOLHGZKHUHQHFHVVDU\
39& W\SH 70  DFFRUGLQJ WR 39& W\SH 67 DFFRUGLQJ WR
 2XWHUVKHDWKVKDOOEHEODFN
%6(1- %6(1-
7(&+1,&$/'$7$
 9ROWDJH 9
 0D[LPXP&RQGXFWRU7HPSHUDWXUH ϶& ϶&
 5HIHUHQFH %6(1-
 7HVWLQJ9ROWDJH 9
 0LQLPXP%HQGLQJ5DGLXV ;%HQGLQJ5DGLXV

3DJH
 939&,QVXODWHG39&6KHDWKHG$UPRXUHG,QVWUXPHQWDWLRQ&DEOH
&839&26&539&6:$39&6LQJOH-WULDG 0XOWL-WULDG 2YHUDOO6FUHHQHG

1RPLQDO 1RPLQDO 0D[

1XPEHU 7KLFNQHVV7KLFNQHVV 7KLFNQHVV $SSUR[ $SSUR[
1R FURVV- &ODVVRI 'LDPHWHU DUPRXU FRQGXFWRU 0D[
RI RI RI RYHUDOO QHW
RI VHFWLRQDO FRQGXFWRU RIZLUHV LQVXODWLRQ EHGGLQJ ZLUH
VKHDWK GLDPHWHU ZHLJKW
UHVLVWDQFH /5UDWLR
WULDGV DUHD ,(&  GLDPHWHU DWƒ&

PP  1RPP  PP PP PP PP PP NJNP Ÿ.0 ȝ+Ÿ

         

           
         
         
           
         
         
           
         
         
           
         
         
           
         
         
           
         

3DJH
 9;/3(,QVXODWHG39&6KHDWKHG$UPRXUHG,QVWUXPHQWDWLRQ&DEOH
&8;/3(26&539&6:$39&6LQJOH-WULDG 0XOWL-WULDG 2YHUDOO6FUHHQHG

1RPLQDO 1RPLQDO 0D[

1XPEHU 7KLFNQHVV7KLFNQHVV 7KLFNQHVV $SSUR[ $SSUR[
1R FURVV- &ODVVRI 'LDPHWHU DUPRXU FRQGXFWRU 0D[
RI RI RI RYHUDOO QHW
RI VHFWLRQDO FRQGXFWRU RIZLUHV LQVXODWLRQ EHGGLQJ ZLUH UHVLVWDQFH /5UDWLR
VKHDWK GLDPHWHU ZHLJKW
WULDGV DUHD ,(&  GLDPHWHU DWƒ&

PP  1RPP  PP PP PP PP PP NJNP Ÿ.0 ȝ+Ÿ

         

           
         
         
           
         
         
           
         
         
           
         
         
           
         
         
           
         

3DJH
 &RQVWUXFWLRQRI&DEOH9$UPRXUHG,QVWUXPHQWDWLRQ&DEOH
,QGLYLGXDOO\6FUHHQHG 2YHUDOO6FUHHQHG-3$,5

'UDZLQJ $SSOLFDWLRQ

,QVWUXPHQWDWLRQ DUPRXUHG FDEOHV  DUH JHQHUDOO\ XVHG LQ WKH

SHWUROHXP DQG SHWURFKHPLFDO LQGXVWULHV 7KHVH FDEOHV DUH
VXLWDEOH IRU EXULDO XQGHUJURXQG DQG WKH\ DUH GHVLJQHG IRU
XVHLQLQWULQVLFDOO\VDIHV\VWHP7KHFDEOHVDUHLQGLYLGXDOO\
DQG RYHUDOO VKLHOGHG IRU JUHDWHU LVRODWLRQ DQG QRLVH
UHGXFWLRQ

39&,QVXODWHG ;/3(,QVXODWHG
12 '(6&5,37,21
39&6KHDWKHG 39&6KHDWKHG
&LUFXODU VWUDQGHG SODLQ DQQHDOHG FRSSHU ZLUH DFFRUGLQJ WR
 &RQGXFWRU
,(&
,GHQWLILFDWLRQRIFRUHV
6LQJOHSDLU±%ODFNDQG:KLWH 3RO\YLQ\O FKORULGH FRPSRXQG &URVV-OLQNHG SRO\HWK\OHQH
 0XOWLSDLUVDQGDERYH 39&  W\SH 7, DFFRUGLQJ WR ;/3(  DFFRUGLQJ WR
1XPEHU  « DQG WKH QXPEHU VKDOO EH %6(1- %6(1-
\HOORZRUEODFNSULQWHGRQ:KLWHFRUHV
$OXPLQLXPSRO\HVWHUWDSHZLWKPHWDOOLFVLGHGRZQZDUGLQFRQWDFW
 ,QGLYLGXDO6FUHHQ
ZLWKDPPWLQQHGFRSSHUGUDLQZLUH 237,21$/
3DLUV VWUDQGHG WRJHWKHU %LQGHU WDSH DQG QRQ-K\JURVFRSLF ILOOHU
 /D\LQJ8S
PD\EHDSSOLHGZKHUHQHFHVVDU\
$OXPLQLXPSRO\HVWHUWDSHZLWKPHWDOOLFVLGHGRZQZDUGLQFRQWDFW
 2YHUDOO6FUHHQ
ZLWKDPPWLQQHGFRSSHUGUDLQZLUH 237,21$/
39& W\SH 70  DFFRUGLQJ WR39& W\SH 67 DFFRUGLQJ WR
 6HSDUDWLRQVKHDWKVKDOOEHEODFN
%6(1- %6(1-
6LQJOHOD\HURIJDOYDQL]HGVWHHOZLUH
 $UPRXU
%LQGHUWDSHPD\EHDSSOLHGZKHUHQHFHVVDU\
39& W\SH 70  DFFRUGLQJ WR 39& W\SH 67 DFFRUGLQJ WR
 2XWHUVKHDWKVKDOOEHEODFN
%6(1- %6(1-
7(&+1,&$/'$7$
 9ROWDJH 9
 0D[LPXP&RQGXFWRU7HPSHUDWXUH ϶& ϶&
 5HIHUHQFH %6(1-
 7HVWLQJ9ROWDJH 9
 0LQLPXP%HQGLQJ5DGLXV ;%HQGLQJ5DGLXV

3DJH
 939&,QVXODWHG39&6KHDWKHG$UPRXUHG,QVWUXPHQWDWLRQ&DEOH
&839&,6&526&539&6:$39&0XOWL-SDLU ,QGLYLGXDOO\3DLU 2YHUDOO6FUHHQHG

1RPLQDO 1RPLQDO 0D[

1XPEHU 7KLFNQHVV7KLFNQHVV 7KLFNQHVV $SSUR[ $SSUR[
1R FURVV- &ODVVRI 'LDPHWHU DUPRXU FRQGXFWRU 0D[
RI RI RI RYHUDOO QHW
RI VHFWLRQDO FRQGXFWRU RIZLUHV LQVXODWLRQ EHGGLQJ ZLUH UHVLVWDQFH /5UDWLR
VKHDWK GLDPHWHU ZHLJKW
SDLUV DUHD ,(&  GLDPHWHU DWƒ&

PP  1RPP  PP PP PP PP PP NJNP Ÿ.0 ȝ+Ÿ

         

           
         
         
           
         
         
           
         
         
           
         
         
           
         
         
           
         
         
           
         

3DJH
 9;/3(,QVXODWHG39&6KHDWKHG$UPRXUHG,QVWUXPHQWDWLRQ&DEOH
&8;/3(,6&526&539&6:$39&0XOWL-SDLU ,QGLYLGXDOO\3DLU 2YHUDOO6FUHHQHG

1RPLQDO 1RPLQDO 0D[

1XPEHU 7KLFNQHVV7KLFNQHVV 7KLFNQHVV $SSUR[ $SSUR[
1R FURVV- &ODVVRI 'LDPHWHU DUPRXU FRQGXFWRU 0D[
RI RI RI RYHUDOO QHW
RI VHFWLRQDO FRQGXFWRU RIZLUHV LQVXODWLRQ EHGGLQJ ZLUH UHVLVWDQFH /5UDWLR
VKHDWK GLDPHWHU ZHLJKW
SDLUV DUHD ,(&  GLDPHWHU DWƒ&

PP  1RPP  PP PP PP PP PP NJNP Ÿ.0 ȝ+Ÿ

         

           
         
         
           
         
         
           
         
         
           
         
         
           
         
         
           
         
         
           
         

3DJH
 &RQVWUXFWLRQRI&DEOH9$UPRXUHG,QVWUXPHQWDWLRQ&DEOH
,QGLYLGXDOO\6FUHHQHG 2YHUDOO6FUHHQHG-75,$'

'UDZLQJ $SSOLFDWLRQ

,QVWUXPHQWDWLRQ DUPRXUHG FDEOHV  DUH JHQHUDOO\ XVHG LQ WKH

SHWUROHXP DQG SHWURFKHPLFDO LQGXVWULHV 7KHVH FDEOHV DUH
VXLWDEOH IRU EXULDO XQGHUJURXQG DQG WKH\ DUH GHVLJQHG IRU
XVHLQLQWULQVLFDOO\VDIHV\VWHP7KHFDEOHVDUHLQGLYLGXDOO\
DQG RYHUDOO VKLHOGHG IRU JUHDWHU LVRODWLRQ DQG QRLVH
UHGXFWLRQ

39&,QVXODWHG ;/3(,QVXODWHG
12 '(6&5,37,21
39&6KHDWKHG 39&6KHDWKHG
&LUFXODU VWUDQGHG SODLQ DQQHDOHG FRSSHU ZLUH DFFRUGLQJ WR
 &RQGXFWRU
,(&
,GHQWLILFDWLRQRIFRUHV
6LQJOHWULDG±%ODFN:KLWHDQG5HG 3RO\YLQ\O FKORULGH FRPSRXQG &URVV-OLQNHG SRO\HWK\OHQH
 0XOWLWULDGVDQGDERYH 39&  W\SH 7, DFFRUGLQJ WR ;/3(  DFFRUGLQJ WR
1XPEHU   « DQG WKH QXPEHU VKDOO EH %6(1- %6(1-
\HOORZRUEODFNSULQWHGRQ:KLWHFRUHV
$OXPLQLXP SRO\HVWHU WDSH ZLWK PHWDOOLF VLGH GRZQZDUG LQ
 ,QGLYLGXDO6FUHHQ
FRQWDFWZLWKDPPWLQQHGFRSSHUGUDLQZLUH 237,21$/
7ULDGVVWUDQGHGWRJHWKHU%LQGHUWDSH DQGQRQ-K\JURVFRSLFILOOHU
 /D\LQJ8S
PD\EHDSSOLHGZKHUHQHFHVVDU\
$OXPLQLXP SRO\HVWHU WDSH ZLWK PHWDOOLF VLGH GRZQZDUG LQ
 2YHUDOO6FUHHQ
FRQWDFWZLWKDPPWLQQHGFRSSHUGUDLQZLUH 237,21$/
39& W\SH 70  DFFRUGLQJ WR 39& W\SH 67 DFFRUGLQJ WR
 6HSDUDWLRQVKHDWKVKDOOEHEODFN
%6(1- %6(1-
6LQJOHOD\HURIJDOYDQL]HGVWHHOZLUH
 $UPRXU
%LQGHUWDSHPD\EHDSSOLHGZKHUHQHFHVVDU\
39&W\SH70DFFRUGLQJWR 39& W\SH 67 DFFRUGLQJ WR
 2XWHUVKHDWKVKDOOEHEODFN
%6(1- %6(1-
7(&+1,&$/'$7$
 9ROWDJH 9
 0D[LPXP&RQGXFWRU7HPSHUDWXUH ϶& ϶&
 5HIHUHQFH %6(1-
 7HVWLQJ9ROWDJH 9
 0LQLPXP%HQGLQJ5DGLXV ;%HQGLQJ5DGLXV

3DJH
 939&,QVXODWHG39&6KHDWKHG$UPRXUHG,QVWUXPHQWDWLRQ&DEOH
&839&,6&526&539&6:$39&0XOWL-WULDG ,QGLYLGXDOO\3DLU 2YHUDOO6FUHHQHG

1RPLQDO 1RPLQDO 0D[

1XPEHU 7KLFNQHVV7KLFNQHVV 7KLFNQHVV $SSUR[ $SSUR[
FURVV- &ODVVRI 'LDPHWHU DUPRXU FRQGXFWRU 0D[
1RRI VHFWLRQDO RI RI RI RYHUDOO QHW
FRQGXFWRU RIZLUHV LQVXODWLRQ EHGGLQJ ZLUH UHVLVWDQFH /5UDWLR
WULDGV VKHDWK GLDPHWHU ZHLJKW
DUHD ,(&  GLDPHWHU DWƒ&

PP  1RPP  PP PP PP PP PP NJNP Ÿ.0 ȝ+Ÿ

         

           
         
         
           
         
         
           
         
         
           
         
         
           
         

9;/3(,QVXODWHG39&6KHDWKHG$UPRXUHG,QVWUXPHQWDWLRQ&DEOH
&8;/3(,6&526&539&6:$39&0XOWL-WULDG ,QGLYLGXDOO\3DLU 2YHUDOO6FUHHQHG

1RPLQDO 1RPLQDO 0D[

1XPEHU 7KLFNQHVV7KLFNQHVV 7KLFNQHVV $SSUR[ $SSUR[
1R FURVV- &ODVVRI 'LDPHWHU DUPRXU FRQGXFWRU 0D[
RI RI RI RYHUDOO QHW
RI VHFWLRQDO FRQGXFWRU RIZLUHV LQVXODWLRQ EHGGLQJ ZLUH UHVLVWDQFH /5UDWLR
VKHDWK GLDPHWHU ZHLJKW
WULDGV DUHD ,(&  GLDPHWHU DWƒ&

PP  1RPP  PP PP PP PP PP NJNP Ÿ.0 ȝ+Ÿ

         

           
         
         
           
         
         
           
         
         
           
         
         
           
         

3DJH
 &RQVWUXFWLRQRI&DEOH939&,QVXODWHG1RQ-6KHDWKHG6ZLWFKJHDU &RQWUROJHDU&DEOH

'UDZLQJ $SSOLFDWLRQ

6LQJOH FRUH QRQ-VKHDWKHG JHQHUDO SXUSRVH FDEOHV DUH

LQVWDOOHG LQ VXUIDFH PRXQWHG RU HPEHGGHG FRQGXLWV RU
VLPLODU FORVHG V\VWHPV 7KH FDEOHV DUH VXLWDEOH IRU XVH LQ
FKDQQHOV ZLWK FRYHU IL[HG SURWHFWHG LQVWDOODWLRQ LQ RU RQ
OLJKWLQJILWWLQJVDQGLQVLGHDSSOLDQFHVXSWR9DFRUXS
WR9WRHDUWKGF

39&,QVXODWHG
12 '(6&5,37,21
1RQ-VKHDWKHG
&LUFXODU VROLG FLUFXODU 3ODLQ DQQHDOHG FRSSHU 3ODLQ DQQHDOHG FRSSHU 7LQQHGRUSODLQDQQHDOHG
 VWUDQGHG RU FLUFXODU FRPSDFW ZLUH DFFRUGLQJ WR ZLUH DFFRUGLQJ WR FRSSHUZLUHDFFRUGLQJWR
VWUDQGHG %6&ODVV %6&ODVV %6&ODVV
,GHQWLILFDWLRQRIFRUH
 3RO\YLQ\OFKORULGHFRPSRXQG 39& W\SH7,DFFRUGLQJWR%6-
$VVRUWHGFRORXUV
7(&+1,&$/'$7$
 9ROWDJH 9
0D[LPXP&RQGXFWRU

7HPSHUDWXUH ϶&

%6 %6 %6

 5HIHUHQFH
7\SH%8 7\SH%5 7\SH%.
 7HVWLQJ9ROWDJH 9
 0LQLPXP%HQGLQJ5DGLXV ;%HQGLQJ5DGLXV

939&,QVXODWHG1RQ-6KHDWKHG6ZLWFKJHDU &RQWUROJHDU&DEOH
1XPEHU 7KLFNQHVV $SSUR[ $SSUR[ 0D[FRQGXFWRU0LQLQVXODWLRQ
1RPLQDOFURVV- &ODVVRI 'LDPHWHU RI RYHUDOO QHW UHVLVWDQFHDW UHVLVWDQFHDW
VHFWLRQDODUHD FRQGXFWRU RIZLUHV LQVXODWLRQ GLDPHWHU ZHLJKW ƒ& ƒ&
,(& 
PP  1RPP PP PP NJNP Ÿ.0 0Ÿ-.0
7\SH%8
      
       
      
7\SH%5
      
      
      
      
      
     
     
     

     
 &RPSDFW     
 URXQG     
 VWUDQGHG     
     
     
     
     

3DJH
 939&,QVXODWHG1RQ-6KHDWKHG6ZLWFKJHDU &RQWUROJHDU&DEOH

1XPEHU 7KLFNQHVV $SSUR[ $SSUR[ 0D[FRQGXFWRU0LQLQVXODWLRQ

1RPLQDOFURVV- &ODVVRI 'LDPHWHU RI RYHUDOO QHW UHVLVWDQFHDW UHVLVWDQFHDW
VHFWLRQDODUHD FRQGXFWRU RIZLUHV LQVXODWLRQ GLDPHWHU ZHLJKW ƒ& ƒ&
,(& 
PP  1RPP PP PP NJNP Ÿ.0 0Ÿ-.0

7\SH%.
      
      
      
      
      
      
      
      
      

      
      
      
      
      
      
      
      
      

3DJH
 &RQVWUXFWLRQRI&DEOH939&,QVXODWHG1RQ-6KHDWKHG6ZLWFKJHDU &RQWUROJHDU&DEOH

'UDZLQJ $SSOLFDWLRQ

6LQJOH FRUH QRQ-VKHDWKHG JHQHUDO SXUSRVH FDEOHV DUH

LQVWDOOHG LQ VXUIDFH PRXQWHG RU HPEHGGHG FRQGXLWV RU
VLPLODU FORVHG V\VWHPV 7KH FDEOHV DUH VXLWDEOH IRU XVH LQ
FKDQQHOV ZLWK FRYHU IL[HG SURWHFWHG LQVWDOODWLRQ LQ RU RQ
OLJKWLQJILWWLQJVDQGLQVLGHDSSOLDQFHVXSWR9DFRUXS
WR9WRHDUWKGF

39&,QVXODWHG
12 '(6&5,37,21
1RQ-VKHDWKHG
&LUFXODU VROLG FLUFXODU 3ODLQ DQQHDOHG FRSSHU 3ODLQ DQQHDOHG FRSSHU 7LQQHGRUSODLQDQQHDOHG
 VWUDQGHG RU FLUFXODU FRPSDFW ZLUH DFFRUGLQJ WR ZLUH DFFRUGLQJ WR FRSSHUZLUHDFFRUGLQJWR
VWUDQGHG %6&ODVV %6&ODVV %6&ODVV
,GHQWLILFDWLRQRIFRUH
 3RO\YLQ\OFKORULGHFRPSRXQG 39& W\SH7,DFFRUGLQJWR%6-
$VVRUWHGFRORXUV
7(&+1,&$/'$7$
 9ROWDJH 9
0D[LPXP&RQGXFWRU

7HPSHUDWXUH ϶&

%6 %6 %6

 5HIHUHQFH
7\SH&8 7\SH&5 7\SH&.
 7HVWLQJ9ROWDJH 9
 0LQLPXP%HQGLQJ5DGLXV ;%HQGLQJ5DGLXV

939&,QVXODWHG1RQ-6KHDWKHG6ZLWFKJHDU &RQWUROJHDU&DEOH

1XPEHU 7KLFNQHVV $SSUR[ $SSUR[ 0D[FRQGXFWRU0LQLQVXODWLRQ

1RPLQDOFURVV- &ODVVRI 'LDPHWHU RI RYHUDOO QHW UHVLVWDQFHDW UHVLVWDQFHDW
VHFWLRQDODUHD FRQGXFWRU RIZLUHV LQVXODWLRQ GLDPHWHU ZHLJKW ƒ& ƒ&
,(& 
PP  1RPP PP PP NJNP Ÿ.0 0Ÿ-.0
7\SH&8
      
       
      
7\SH&5
      
      
      
     
     
     
     

 &RPSDFW     
 URXQG     
 VWUDQGHG     
     
     
     
     

3DJH
 939&,QVXODWHG1RQ-6KHDWKHG6ZLWFKJHDU &RQWUROJHDU&DEOH

1XPEHU 7KLFNQHVV $SSUR[ $SSUR[ 0D[FRQGXFWRU0LQLQVXODWLRQ

1RPLQDOFURVV- &ODVVRI 'LDPHWHU RI RYHUDOO QHW UHVLVWDQFHDW UHVLVWDQFHDW
VHFWLRQDODUHD FRQGXFWRU RIZLUHV LQVXODWLRQ GLDPHWHU ZHLJKW ƒ& ƒ&
,(& 
PP  1RPP PP PP NJNP Ÿ.0 0Ÿ-.0

7\SH&.
      
      
      
      
      
      
      
      
      

      
      
      
      
      
      
      
      
      

3DJH
 &RQVWUXFWLRQRI&DEOH,QWHUQDO7HOHSKRQH&DEOH

'UDZLQJ $SSOLFDWLRQ

0DQXIDFWXUHG WR 0DOD\VLD 70% VSHFLILFDWLRQ 6$0$

.(%(/6'1%+'LVD70*URXS5HJLVWHUHG6XSSOLHU
7KHVH FDEOHV DUH XVHG IRU LQWHUQDO FRQQHFWLRQ RI WHOHSKRQH
V\VWHPVDQGRWKHUFRPPXQLFDWLRQHTXLSPHQW

39&,QVXODWHG
12 '(6&5,37,21
39&6KHDWKHG
 &RQGXFWRU 6ROLGSODLQDQQHDOHGFRSSHUZLUH
,GHQWLILFDWLRQRISDLUV
6LQJOHSDLU±:KLWHDQG2UDQJH
 *HQHUDOSXUSRVHSRO\YLQ\OFKORULGHFRPSRXQG 39&
ZLUH±:KLWH2UDQJHDQG*UHHQ
0XOWLSDLUV±DVSHU7DEOH

 7ZLQQLQJ 7ZRLQVXODWHGFRQGXFWRUVDUHWZLVWHGWRJHWKHUWRIRUPDSDLU

RUSDLUV
 6WUDQGLQJ8QLW
,GHQWLILFDWLRQRIXQLWVE\FRORXURIELQGHUWDSH DVSHU7DEOH 

 /D\LQJ8S 8QLWVDUHODLGXSLQWRDFRPSDFWDQGV\PPHWULFDOFDEOHFRUH

 2XWHUVKHDWKVKDOOEHJUH\ +DUGJUDGH39&FRPSRXQG
7(&+1,&$/'$7$
 5HIHUHQFH 0DOD\VLD70%6SHF&,06
 0XWXDO&DSDFLWDQFH 0D[Q)NP
 &DSDFLWDQFH8QEDODQFH 0D[S)P

3DJH
 &RQVWUXFWLRQRI&DEOH,QWHUQDO7HOHSKRQH&DEOH

7DEOH,QVXODWLRQ&RORXURI&RQGXFWRU
&RORXURIFRQGXFWRULQVXODWLRQ
3DLU1XPEHU VW
$  ZLUH % QGZLUH
 :KLWH %OXH
 :KLWH 2UDQJH
 :KLWH *UHHQ )LUVW3DLU
 :KLWH %URZQ
 :KLWH *UH\
3DLUXQLW
 5HG %OXH
 5HG 2UDQJH
 5HG *UHHQ 6HFRQG3DLU
 5HG %URZQ
 5HG *UH\
SDLURQO\ :KLWH2UDQJH
ZLUH :KLWH2UDQJH*UHHQ

7DEOH&RORXURI%LQGLQJ7DSHV
8QLW1XPEHU &RORXU

 %OXH

 2UDQJH

 *UHHQ

 %URZQ

 *UH\

 %OXH-:KLWH

 2UDQJH-:KLWH

 *UHHQ-:KLWH

7DEOH3DLULQJ&RQVWUXFWLRQ

3 3

3 3 3 3 3 3

3 3 3 3
3
3 3 3 3
3 3 3 3
3
3
3 3

3DLU 3DLU 3DLU 3DLU 3DLU

3DJH
 ,QWHUQDO7HOHSKRQH&DEOH

0D[ 0LQ
1XPEHU 7KLFNQHVV 7KLFNQHVV $SSUR[ $SSUR[
FRQGXFWRU LQVXODWLRQ
1RRI 'LDPHWHU RI RI RYHUDOO QHW
UHVLVWDQFH UHVLVWDQFH
SDLUV RIZLUHV LQVXODWLRQ VKHDWK GLDPHWHU ZHLJKW
DWƒ& DWƒ&

1RPP  PP PP PP NJNP Ÿ.0 0Ÿ-.0

   
   
   
   
       
   
   
   
   
   
   
   
   
       
   
   
   
   

0D[ 0LQ
7KLFNQHVV 7KLFNQHVV $SSUR[ $SSUR[
7\SH'LDPHWHU FRQGXFWRU LQVXODWLRQ
1RRI RI RI RYHUDOO QHW
RIZLUHV UHVLVWDQFH UHVLVWDQFH
SDLU LQVXODWLRQ VKHDWK GLDPHWHU ZHLJKW
DWƒ& DWƒ&

1RPP  PP PP PP NJNP Ÿ.0 0Ÿ-.0

       

       

3DJH
 &RQVWUXFWLRQRI&DEOH9/6+),QVXODWHG)OH[LEOH&DEOH

'UDZLQJ $SSOLFDWLRQ

6LQJOH FRUH ORZ VPRNH KDORJHQ IUHH /6+)  IOH[LEOH FDEOH

LVVXLWDEOHIRULQVWDOODWLRQLQVZLWFKFDELQHWVDSSOLDQFHVDQG
GHYLFHV IRU FRPPXQLFDWLRQ WHFKQRORJLHV KRXVHKROG
DSSOLDQFHV FRQVWUXFWLRQ RI SRZHU JHQHUDWLRQ DQG
WUDQVIRUPHUV PDFKLQH FRQVWUXFWLRQ UDLOZD\ WHFKQRORJLHV
DQG SDUWLFXODUO\ VXLWDEOH IRU LQWHUQDO ZLULQJ RI UDLOZD\
YHKLFOHV

/6+),QVXODWHG
12 '(6&5,37,21
1RQ-6KHDWKHG
 &RQGXFWRU 3ODLQDQQHDOHGFRSSHUZLUHDFFRUGLQJWR,(&&ODVV
,GHQWLILFDWLRQRIFRUH
 /RZVPRNHKDORJHQIUHH /6+) FRPSRXQG 
$VVRUWHGFRORXUV
7(&+1,&$/'$7$
 9ROWDJH 9
 0D[LPXP&RQGXFWRU7HPSHUDWXUH ϶&
 5HIHUHQFH %6
 7HVWLQJ9ROWDJH 9
 0LQLPXP%HQGLQJ5DGLXV ;%HQGLQJ5DGLXV

9/6+),QVXODWHG)OH[LEOH&DEOH

7KLFNQHVV $SSUR[ $SSUR[ 0D[FRQGXFWRU 0LQLQVXODWLRQ

1RPLQDOFURVV- 1XPEHU'LDPHWHU
RI RYHUDOO QHW UHVLVWDQFH UHVLVWDQFH
VHFWLRQDODUHD RIZLUHV
LQVXODWLRQ GLDPHWHU ZHLJKW DWƒ& DWƒ&
PP 1RPP PP PP NJNP Ÿ.0 0Ÿ-.0

      

      
      
      
      
      
      
      
      
      
      
      
      
      
      

3DJH
 &RQVWUXFWLRQRI&DEOH973,QVXODWHG736KHDWKHG)OH[LEOH&DEOH

'UDZLQJ $SSOLFDWLRQ

7KHUPRSODVWLF SRO\PHULF 73  LQVXODWHG 73 VKHDWKHG

IOH[LEOH FDEOHV DUH VXLWDEOH IRU ZLULQJ RI VZLWFK FRQWURO
PHWHULQJUHOD\DQGLQVWUXPHQWSDQHOVRISRZHUVZLWFKJHDU
WUDQVIRUPHUV EDWWHU\ OHDGV EDWWHU\ FKDUJHUV HOHFWULF
IRUNOLIWVHDUWKDQGHOHFWURGHOHDGVIRUZHOGLQJ7KHVHFDEOHV
KDYH OLJKWHU ZHLJKW WKDQ FRQYHQWLRQDO WKHUPRVHW UXEEHU
+HQFHWKH\DUHHDV\WRPRYHDQGFDUU\DQGOHVVH[SHQVLYH
WRVKLSRUWUXFN

73,QVXODWHG
12 '(6&5,37,21
736KHDWKHG
&LUFXODU VWUDQGHG SODLQ DQQHDOHG FRSSHU ZLUH DFFRUGLQJ WR
 &RQGXFWRU
,(&&ODVV
,GHQWLILFDWLRQRIFRUH
 73FRPSRXQG
6KDOOEH1DWXUDO:KLWH
 2XWHUVKHDWKVKDOOEH%ODFN 73FRPSRXQG
7(&+1,&$/'$7$
 9ROWDJH 9
 0D[LPXP&RQGXFWRU7HPSHUDWXUH ϶&
 5HIHUHQFH $61=6^ͬE^%6
 7HVWLQJ9ROWDJH 9
 0LQLPXP%HQGLQJ5DGLXV ;%HQGLQJ5DGLXV

973,QVXODWHG736KHDWKHG)OH[LEOH&DEOH

7KLFNQHVV 7KLFNQHVV $SSUR[ $SSUR[ 0D[FRQGXFWRU

1RPLQDOFURVV- 1XPEHU'LDPHWHU
RI RI RYHUDOO QHW UHVLVWDQFH
VHFWLRQDODUHD RIZLUHV
LQVXODWLRQ VKHDWK GLDPHWHU ZHLJKW DWƒ&
PP 1RPP PP PP PP NJNP Ÿ-.0

      

      
      
      
      
      
      
      
      
      
      
      
      
      
      
      

3DJH
 &RQVWUXFWLRQRI&DEOH91RQ-DUPRXUHG&RSSHU7DSH6FUHHQHG&DEOH

'UDZLQJ $SSOLFDWLRQ

)RUHOHFWULFLW\VXSSO\DQGJHQHUDOO\XVHIRUIL[HGLQVWDOODWLRQ
V\VWHP DQG VXE PDLQV DUH LQVWDOOHG LQ RSHQ DLU LQ FDEOH
GXFWV RXWGRRU DQG LQGRRU SRZHU VWDWLRQV IRU LQGXVWU\ DQG
GLVWULEXWLRQERDUGVDVZHOODVLQVXEVFULEHUQHWZRUNVZKHUH
PHFKDQLFDO GDPDJH LV QRWWREH H[SHFWHG7KHVHFDEOHVDUH
GHVLJQHG WR SURWHFW WKH FDEOH IURP RXWVLGH VRXUFHV RI
HOHFWURPDJQHWLFLQWHUIHUHQFH

39&,QVXODWHG ;/3(,QVXODWHG
12 '(6&5,37,21
39&6KHDWKHG 39&6KHDWKHG
&LUFXODU VWUDQGHG RU FLUFXODU FRPSDFW VWUDQGHG SODLQ DQQHDOHG FRSSHU
 &RQGXFWRU
ZLUHDFFRUGLQJWR,(&
,GHQWLILFDWLRQRIFRUHV
7ZRFRUHV±5HGDQG%ODFN
7KUHHFRUHV±5HG<HOORZDQG%OXH
)RXUFRUHV±5HG<HOORZ%OXHDQG 3RO\YLQ\O FKORULGH FRPSRXQG
&URVV-OLQNHGSRO\HWK\OHQH ;/3( 
 %ODFN 39&  W\SH 39&$ DFFRUGLQJ WR
DFFRUGLQJWR,(&
)LYHFRUHVDQGDERYH ,(&
1XPEHU«DQGWKHQXPEHU
VKDOO EH %OXH RU %ODFN SULQWHG RQ
:KLWHFRUHV
&RUHV VWUDQGHG WRJHWKHU %LQGHU WDSH DQG QRQ-K\JURVFRSLF ILOOHU PD\
 /D\LQJ8S
EHDSSOLHGZKHUHQHFHVVDU\
39& W\SH 67 DFFRUGLQJ WR 39& W\SH 67 DFFRUGLQJ WR
 ,QQHUVKHDWKVKDOOEHEODFN
,(& ,(&
 6FUHHQ &RSSHUWDSH
39& W\SH 67 DFFRUGLQJ WR 39& W\SH 67 DFFRUGLQJ WR
 2XWHUVKHDWKVKDOOEHEODFN
,(& ,(&
7(&+1,&$/'$7$
 9ROWDJH 9
 0D[LPXP&RQGXFWRU7HPSHUDWXUH ϶& ϶&
 5HIHUHQFH ,(&-
 7HVWLQJ9ROWDJH 9
 0LQLPXP%HQGLQJ5DGLXV ;%HQGLQJ5DGLXV

3DJH
 939&,QVXODWHG39&6KHDWKHG1RQ-DUPRXUHG&RSSHU7DSH6FUHHQHG&DEOH

1RPLQDO 0D[ 0LQ

1XPEHU 7KLFNQHVV 7KLFNQHVV 7KLFNQHVV $SSUR[ $SSUR[
FURVV- FRQGXFWRU LQVXODWLRQ
1RRI 'LDPHWHU RI RI RI RYHUDOO QHW
VHFWLRQDO UHVLVWDQFHDW UHVLVWDQFHDW
FRUHV RIZLUHV LQVXODWLRQ LQQHUVKHDWK VKHDWK GLDPHWHU ZHLJKW
DUHD ƒ& ƒ&

PP 1RPP PP PP PP PP NJNP Ÿ.0 0Ÿ-.0

        

        
        
         
       
&RPSDFW
 URXQG       
VWUDQGHG
       
        
        
        
         
       
&RPSDFW
 URXQG       
VWUDQGHG
       
        
        
        
         
       
&RPSDFW
 URXQG       
VWUDQGHG
       
        
        
        
         
       
&RPSDFW
 URXQG       
VWUDQGHG
       

3DJH
 9;/3(,QVXODWHG39&6KHDWKHG1RQ-DUPRXUHG&RSSHU7DSH6FUHHQHG&DEOH

1RPLQDO 0D[ 0LQ

1XPEHU 7KLFNQHVV 7KLFNQHVV 7KLFNQHVV $SSUR[ $SSUR[
FURVV- FRQGXFWRU LQVXODWLRQ
1RRI 'LDPHWHU RI RI RI RYHUDOO QHW
VHFWLRQDO UHVLVWDQFHDW UHVLVWDQFHDW
FRUHV RIZLUHV LQVXODWLRQ LQQHUVKHDWK VKHDWK GLDPHWHU ZHLJKW
DUHD ƒ& ƒ&

PP 1RPP PP PP PP PP NJNP Ÿ.0 0Ÿ-.0

        

        
        
         
       
&RPSDFW
 URXQG       
VWUDQGHG
       
        
        
        
         
       
&RPSDFW
 URXQG       
VWUDQGHG
       
        
        
        
         
       
&RPSDFW
 URXQG       
VWUDQGHG
       
        
        
        
         
       
&RPSDFW
 URXQG       
VWUDQGHG
       

3DJH
 &RQVWUXFWLRQRI&DEOH9$UPRXUHG&RSSHU7DSH6FUHHQHG&DEOH

'UDZLQJ $SSOLFDWLRQ

)RUHOHFWULFLW\VXSSO\DQGJHQHUDOO\XVHIRUIL[HGLQVWDOODWLRQ
V\VWHPDQGVXEPDLQVDUHHQFORVHGLQFRQGXLWEXULHGGLUHFW
RU XQGHUJURXQG GXFWV RXWGRRU DQG LQGRRU SRZHU VWDWLRQV
IRULQGXVWU\DQGGLVWULEXWLRQERDUGVDVZHOODVLQVXEVFULEHU
QHWZRUNVZKHUHWKHUHPD\EHDULVNRIPHFKDQLFDOGDPDJH
7KHVHFDEOHVDUHGHVLJQHGWRSURWHFWWKHFDEOHIURPRXWVLGH
VRXUFHVRIHOHFWURPDJQHWLFLQWHUIHUHQFH

39&,QVXODWHG ;/3(,QVXODWHG
12 '(6&5,37,21
39&6KHDWKHG 39&6KHDWKHG
&LUFXODU VWUDQGHG RU FLUFXODU FRPSDFW VWUDQGHG SODLQ DQQHDOHG
 &RQGXFWRU
FRSSHUZLUHDFFRUGLQJWR,(&

,GHQWLILFDWLRQRIFRUHV
7ZRFRUHV±5HGDQG%ODFN
7KUHHFRUHV±5HG<HOORZDQG%OXH 3RO\YLQ\O FKORULGH FRPSRXQG &URVV-OLQNHG SRO\HWK\OHQH
 )RXUFRUHV±5HG<HOORZ%OXHDQG%ODFN 39&  W\SH 39&$ DFFRUGLQJ ;/3(  DFFRUGLQJ WR
)LYHFRUHVDQGDERYH WR,(& ,(&
1XPEHU«DQGWKHQXPEHUVKDOOEH
%OXHRU%ODFNSULQWHGRQ:KLWHFRUHV

&RUHV VWUDQGHG WRJHWKHU %LQGHU WDSH DQG QRQ-K\JURVFRSLF

 /D\LQJ8S
ILOOHUPD\EHDSSOLHGZKHUHQHFHVVDU\
39& W\SH 67 DFFRUGLQJ WR 39& W\SH 67 DFFRUGLQJ WR
 ,QQHUVKHDWKVKDOOEHEODFN
,(& ,(&
 6FUHHQ &RSSHUWDSH
39& W\SH 67 DFFRUGLQJ WR 39& W\SH 67 DFFRUGLQJ WR
 6HSDUDWLRQVKHDWKVKDOOEHEODFN
,(& ,(&
7ZR FRUH DQG DERYH ± VLQJOH OD\HU RI JDOYDQL]HG VWHHO ZLUH
 $UPRXU
%LQGHUWDSHPD\EHDSSOLHGZKHUHQHFHVVDU\
39& W\SH 67 DFFRUGLQJ WR 39& W\SH 67 DFFRUGLQJ WR
 2XWHUVKHDWKVKDOOEHEODFN
,(& ,(&
7(&+1,&$/'$7$
 9ROWDJH 9
 0D[LPXP&RQGXFWRU7HPSHUDWXUH ϶& ϶&
 5HIHUHQFH ,(&-
 7HVWLQJ9ROWDJH 9
 0LQLPXP%HQGLQJ5DGLXV ;%HQGLQJ5DGLXV

3DJH
 939&,QVXODWHG39&6KHDWKHG$UPRXUHG&RSSHU7DSH6FUHHQHG&DEOH

1RPLQDO 7KLFNQHVV 1RPLQDO 0D[ 0LQ

1XPEHU 7KLFNQHVV 7KLFNQHVV 7KLFNQHVV $SSUR[ $SSUR[
1R FURVV- RI DUPRXU FRQGXFWRU LQVXODWLRQ
'LDPHWHU RI RI RI RYHUDOO QHW
RI VHFWLRQDO LQQHU ZLUH UHVLVWDQFH UHVLVWDQFH
RIZLUHV LQVXODWLRQ EHGGLQJ VKHDWK GLDPHWHU ZHLJKW
FRUHV DUHD VKHDWK GLDPHWHU DWƒ& DWƒ&

PP 1RPP PP PP PP PP PP PP NJNP Ÿ.0 0Ÿ-.0 

          
          
          
           
         
&RPSDFW
 URXQG         
VWUDQGHG
         
          
          
          
           
         
&RPSDFW
 URXQG         
VWUDQGHG
         
          
          
          
           
         
&RPSDFW
 URXQG         
VWUDQGHG
         
          
          
          
           
         
&RPSDFW
 URXQG         
VWUDQGHG
         

3DJH
 9;/3(,QVXODWHG39&6KHDWKHG$UPRXUHG&RSSHU7DSH6FUHHQHG&DEOH

1RPLQDO 7KLFNQHVV 1RPLQDO 0D[ 0LQ

1XPEHU 7KLFNQHVV 7KLFNQHVV 7KLFNQHVV $SSUR[ $SSUR[
FURVV- RI DUPRXU FRQGXFWRU LQVXODWLRQ
1R 'LDPHWHU RI RI RI RYHUDOO QHW
VHFWLRQDO LQQHU ZLUH UHVLVWDQFH UHVLVWDQFH
RIZLUHV LQVXODWLRQ EHGGLQJ VKHDWK GLDPHWHU ZHLJKW
RI DUHD VKHDWK GLDPHWHU DWƒ& DWƒ&
FRUHV
PP 1RPP PP PP PP PP PP PP NJNP Ÿ.0 0Ÿ-.0 
          
          
          
           
         
&RPSDFW
 URXQG         
VWUDQGHG
         
          
          
          
           
         
&RPSDFW
 URXQG         
VWUDQGHG
         
          
          
          
           
         
&RPSDFW
 URXQG         
VWUDQGHG
         
          
          
          
           
         
&RPSDFW
 URXQG         
VWUDQGHG
         

3DJH
 &RQVWUXFWLRQRI&DEOH9*DOYDQL]HG6WHHO:LUH%UDLGHG&DEOH

'UDZLQJ $SSOLFDWLRQ

)RUHOHFWULFLW\VXSSO\DQGJHQHUDOO\XVHIRUIL[HGLQVWDOODWLRQ
V\VWHP WUDQVSRUW LQIUDVWUXFWXUH WUDQVPLVVLRQ GLVWULEXWLRQ
DQGSRZHUQHWZRUNVDV ZHOODVLQFRQWUROHTXLSPHQW ZKHUH
WKHUHPD\EHDULVNRIPHFKDQLFDOGDPDJH

39&,QVXODWHG ;/3(,QVXODWHG
12 '(6&5,37,21
39&6KHDWKHG 39&6KHDWKHG
&LUFXODU VWUDQGHG RU FLUFXODU FRPSDFW VWUDQGHG SODLQ DQQHDOHG
 &RQGXFWRU
FRSSHUZLUHDFFRUGLQJWR,(&

,GHQWLILFDWLRQRIFRUHV
7ZRFRUHV±5HGDQG%ODFN
7KUHHFRUHV±5HG<HOORZDQG%OXH 3RO\YLQ\O FKORULGH FRPSRXQG &URVV-OLQNHG SRO\HWK\OHQH
 )RXUFRUHV±5HG<HOORZ%OXHDQG%ODFN 39&  W\SH 39&$ DFFRUGLQJ ;/3(  DFFRUGLQJ WR
)LYHFRUHVDQGDERYH WR,(& ,(&
1XPEHU«DQGWKHQXPEHUVKDOO
EHEOXHRUEODFNSULQWHGRQZKLWHFRUH

&RUHVVWUDQGHGWRJHWKHU%LQGHUWDSH DQGQRQ-K\JURVFRSLFILOOHU
 /D\LQJ8S
PD\EHDSSOLHGZKHUHQHFHVVDU\
39& W\SH 67 DFFRUGLQJ WR 39& W\SH 67 DFFRUGLQJ WR
 6HSDUDWLRQVKHDWKVKDOOEHEODFN
,(& ,(&
 %UDLG 6LQJOHOD\HURIJDOYDQL]HGVWHHOZLUH
39& W\SH 67 DFFRUGLQJ WR 39& W\SH 67 DFFRUGLQJ WR
 2XWHUVKHDWKVKDOOEHEODFN
,(& ,(&
7(&+1,&$/'$7$
 9ROWDJH 9
 0D[LPXP&RQGXFWRU7HPSHUDWXUH ϶& ϶&
 5HIHUHQFH ,(&-
 7HVWLQJ9ROWDJH 9
 0LQLPXP%HQGLQJ5DGLXV ;%HQGLQJ5DGLXV

3DJH
 939&,QVXODWHG39&6KHDWKHG*DOYDQL]HG6WHHO:LUH%UDLGHG&DEOH

1RPLQDO 1RPLQDO 0D[ 0LQ

1XPEHU 7KLFNQHVV 7KLFNQHVV 7KLFNQHVV $SSUR[ $SSUR[
FURVV- EUDLGHG FRQGXFWRU LQVXODWLRQ
1RRI 'LDPHWHU RI RI RI RYHUDOO QHW
VHFWLRQDO ZLUH UHVLVWDQFH UHVLVWDQFH
FRUHV RIZLUHV LQVXODWLRQ EHGGLQJ VKHDWK GLDPHWHU ZHLJKW
DUHD GLDPHWHU DWƒ& DWƒ&

PP 1RPP PP PP PP PP PP NJNP Ÿ.0 0Ÿ-.0

         

         
         
          
        
&RPSDFW
 URXQG        
VWUDQGHG
        
         
         
         
          
        
&RPSDFW
 URXQG        
VWUDQGHG
        
         
         
         
          
        
&RPSDFW
 URXQG        
VWUDQGHG
        
         
         
         
          
        
&RPSDFW
 URXQG        
VWUDQGHG
        

3DJH
 9;/3(,QVXODWHG39&6KHDWKHG*DOYDQL]HG6WHHO:LUH%UDLGHG&DEOH

1RPLQDO 1RPLQDO 0D[ 0LQ

1XPEHU 7KLFNQHVV 7KLFNQHVV 7KLFNQHVV $SSUR[ $SSUR[
FURVV- EUDLGHG FRQGXFWRU LQVXODWLRQ
1RRI 'LDPHWHU RI RI RI RYHUDOO QHW
VHFWLRQDO ZLUH UHVLVWDQFH UHVLVWDQFH
FRUHV RIZLUHV LQVXODWLRQ EHGGLQJ VKHDWK GLDPHWHU ZHLJKW
DUHD GLDPHWHU DWƒ& DWƒ&

PP 1RPP PP PP PP PP PP NJNP Ÿ.0 0Ÿ-.0

         
         
         
          
        
&RPSDFW
 URXQG        
VWUDQGHG
        
         
         
         
          
        
&RPSDFW
 URXQG        
VWUDQGHG
        
         
         
         
          
        
&RPSDFW
 URXQG        
VWUDQGHG
        
         
         
         
          
        
&RPSDFW
 URXQG        
VWUDQGHG
        

3DJH
 &RQVWUXFWLRQRI&DEOH939&,QVXODWHG39&6KHDWKHG7&:%&RQWURO&DEOH

'UDZLQJ $SSOLFDWLRQ

)RUHOHFWULFLW\VXSSO\DQGJHQHUDOO\XVHIRUIL[HGLQVWDOODWLRQ
DQG IOH[LEOH DSSOLFDWLRQ WUDQVSRUW LQIUDVWUXFWXUH
WUDQVPLVVLRQGLVWULEXWLRQDQGSRZHUQHWZRUNVDVZHOODVLQ
FRQWURO HTXLSPHQW 7KLV FDEOH DUH GHVLJQHG WR SURWHFW WKH
FDEOHIURPRXWVLGHVRXUFHVRIHOHFWURPDJQHWLFLQWHUIHUHQFH

39&,QVXODWHG
12 '(6&5,37,21
39&6KHDWKHG
 &RQGXFWRU 3ODLQDQQHDOHGFRSSHUZLUHDFFRUGLQJWR,(&&ODVV 
,GHQWLILFDWLRQRIFRUH
 3RO\YLQ\OFKORULGHFRPSRXQG 39& W\SH7,
6KDOOEHEODFN
&RUHV VWUDQGHG WRJHWKHU %LQGHU WDSH DQG QRQ-K\JURVFRSLF
 /D\LQJ8S
ILOOHUPD\EHDSSOLHGZKHUHQHFHVVDU\
 %UDLG 7LQQHGFRSSHUZLUH
 2XWHUVKHDWKVKDOOEHJUH\ 39&W\SH70
7(&+1,&$/'$7$
 9ROWDJH 9
 0D[LPXP&RQGXFWRU7HPSHUDWXUH ϶&
 5HIHUHQFH %6(1-
 7HVWLQJ9ROWDJH 9
 0LQLPXP%HQGLQJ5DGLXV ;%HQGLQJ5DGLXV

3DJH
 939&,QVXODWHG39&6KHDWKHG7LQQHG&RSSHU:LUH%UDLGHG&RQWURO&DEOH

1RPLQDO 1RPLQDO 0D[ 0LQ

1XPEHU 7KLFNQHVV 7KLFNQHVV $SSUR[ $SSUR[
FURVV- &ODVVRI EUDLGHG FRQGXFWRU LQVXODWLRQ
1RRI VHFWLRQDO 'LDPHWHU RI RI RYHUDOO QHW
FRQGXFWRU ZLUH UHVLVWDQFH UHVLVWDQFH
FRUHV RIZLUHV LQVXODWLRQ VKHDWK GLDPHWHU ZHLJKW
DUHD ,(&  GLDPHWHU DWƒ& DWƒ&

PP  1RPP PP PP PP PP NJNP Ÿ.0 0Ÿ-.0

        

        
 
        
        
        
        
 
        
        
        
        
 
        
        
        
        
 
        
        
        
        
 
        
        
        
        
 
        
        
        
        
 
        
        
        
        
 
        
        

3DJH
 $SSHQGL[

7HFKQLFDO,QIRUPDWLRQ
,QWURGXFWLRQ

 1RPLQDOYROWDJH
7KHQRPLQDOYROWDJHLVWREHH[SUHVVHGZLWKWZR  YDOXHVRIDOWHUQDWLYHFXUUHQW8 8LQXQLW9ROW 9 
88 3KDVHWRHDUWKYROWDJH
8 9ROWDJHEHWZHHQFRQGXFWRUDQGHDUWK
8 9ROWDJHEHWZHHQSKDVHV FRQGXFWRUV

5HVLVWDQFH
7KHYDOXHRIFRQGXFWRU'&UHVLVWDQFHDUHGHSHQGVRQWHPSHUDWXUHDVJLYHQ

:KHUH 5WLVFRQGXFWRU'&UHVLVWDQFHDWWHPSHUDWXUHW ၨ&

5W 5[>Į W- @Ÿ.0 5LVFRQGXFWRU'&UHVLVWDQFHDWWHPSHUDWXUHၨ&
ǹLVUHVLVWDQFHWHPSHUDWXUHFRHIILFLHQW
-IRUFRSSHU
-IRU$OXPLQLXP

&DSDFLWDQFH

İ :KHUH İLVUHODWLYHRISHUPLWWLYLW\RILQVXODWLRQ

-İ IRU39&
& ' -İ IRU;/3(
[OQ &LVRSHUDWLQJFDSDFLWDQFH ȝ).0
G 'LVGLDPHWHURYHULQVXODWLRQ PP
GLVFRQGXFWRUGLDPHWHU PP

,QGXFWDQFH

V :KHUH /LVLQGXFWDQFH P+.0
/ .OQ .LVFRQVWDQWGHSHQGVRQZLUHVRIWKHFRQGXFWRU PP
G GLVFRQGXFWRUGLDPHWHU PP
VLVD[LDOVSDFLQJEHWZHHQFDEOHV PP

 5HDFWDQFH
7KHLQGXFWLYHUHDFWDQFHSHUSKDVHRIDFDEOHFDQEHREWDLQHGE\XVLQJWKHIRUPXODDVEHORZ

:KHUH;LVUHDFWDQFH Ÿ.0
; ʌ¦[/- ILVUHTXLUHGIUHTXHQF\ +]
/LVLQGXFWDQFH P+.0

,PSHGDQFH

:KHUH =LVSKDVHLPSHGDQFHRIFDEOH Ÿ.0

= ¥5$&[; 5$&LV$&UHVLVWDQFHRIWKHRSHUDWLQJWHPSHUDWXUH Ÿ.0
;LVUHDFWDQFH Ÿ.0

 9ROWDJH'URS

$ )RUVLQJOH-SKDVHFLUFXLWV 9ROWDJHGURSP9  =

% )RU-SKDVHFLUFXLWV 9ROWDJHGURSP9 ¥ =

:KHUH P9LVYROWDJHGURSLQPLOOLYROWDPSHUH
=LVLPSHGDQFHDWRSHUDWLQJWHPSHUDWXUH

3DJH
$SSHQGL[

7HFKQLFDO,QIRUPDWLRQ
&XUUHQW&DUU\LQJ&DSDFLW\

0D[LPXP&RQGXFWRU7HPSHUDWXUH ၨ& ;/3(LQVXODWHG

 ၨ& 39&RU/6+)LQVXODWHG
$PELHQW7HPSHUDWXUH ၨ& ,1*5281'
ၨ& ,1$,5
6RLO7KHUPDO5HVLVWLYLW\ .P:
/D\LQJ'HSWK PHWHU
6SDFLQJ%HWZHHQ&DEOH/DLG ,Q)ODW)RUPDWLRQ WLPHVRYHUDOOGLDPHWHU
,Q7UHIRLO 7RXFKLQJ

&RUUHFWLRQIDFWRUIRUYDULRXVEDVLFDPELHQWWHPSHUDWXUH

%DVLF7HPSHUDWXUH ,Q$LU /DLG'LUHFW,Q*URXQG

϶& 
39&,QVXODWLRQ ;/3(,QVXODWLRQ 39&,QVXODWLRQ ;/3(,QVXODWLRQ
 -   
 -   
 -   
    
    
    
    
    
    
    
    

3DJH
 $SSHQGL[

7HFKQLFDO,QIRUPDWLRQ
$OORZDEOH6KRUW&LUFXLW&XUUHQW&DUU\LQJ&DSDFLW\IRU39&RU/6+),QVXODWHG

3DJH
$SSHQGL[

7HFKQLFDO,QIRUPDWLRQ
&XUUHQW&DUU\LQJ&DSDFLW\
6LQJOH-FRUH 121-$50285(' ±&839&&839&39&&8/6+)&80*7/6+)/6+)
&XUUHQW5DWLQJ)RU39&RU/6+),QVXODWHGZLWK39&RU/6+)6KHDWKHG9,(&-
RUZLWKRXW39&RU/6+)6KHDWKHG9
121-$50285(' 
0HWKRGRI,QVWDOODWLRQ

1RPLQDO (QFORVHGLQFRQGXLWRQD
'LUHFWLQJURXQG ,QIUHHDLU
6HFWLRQDO ZDOOFHLOLQJRULQWUXQNLQJ
$UHD RU FDEOHV FDEOHV
RU FDEOHV FDEOHV FDEOHV
FDEOHV FDEOHV 9HUWLFDOIODW 9HUWLFDOIODW
FDEOHV VSDFHG  VSDFHG  WUHIRLO 
WUHIRLO  VSDFHG  VSDFHG 
PP  $ $ $ $ $ $ $ $
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
0XOWL-FRUH 121-$50285(' ±&839&39&&80*7/6+)/6+)
&XUUHQW5DWLQJ)RU39&RU/6+),QVXODWHG39&RU/6+)6KHDWKHG9,(&-
121-$50285(' 
0HWKRGRI,QVWDOODWLRQ
1RPLQDO (QFORVHGLQFRQGXLWRQDZDOO
6HFWLRQDO 'LUHFWLQJURXQG ,QIUHHDLU
FHLOLQJRULQWUXQNLQJ
$UHD
RQH-FRUH RQH-FRUHRU RQH-FRUH RQH-FRUHRU RQH-FRUH RQH-FRUHRU
FDEOH -FRUHFDEOH FDEOH -FRUHFDEOH FDEOH -FRUHFDEOH
PP  $ $ $ $ $ $
      
      
      
      
      
      
      
      
      
      
      
      
      
      
      
      
 - - - - - -
 - - - - - -
 - - - - - -

3DJH
 $SSHQGL[

7HFKQLFDO,QIRUPDWLRQ
&XUUHQW&DUU\LQJ&DSDFLW\
6LQJOH-FRUH $50285(' ±&839&39&$:$39&&80*7/6+)/6+)$:$/6+)
&XUUHQW5DWLQJ)RU39&RU/6+),QVXODWHG39&RU/6+)6KHDWKHG9,(&-
$50285(' 
0HWKRGRI,QVWDOODWLRQ
1RPLQDO /DLGGLUHFWLQJURXQG 2QSHUIRUDWHGFDEOHWUD\ ,QVLQJOH-ZD\GXFWV ,QIUHHDLU
6HFWLRQDO
$UHD FDEOHV FDEOHV RUFDEOHV FDEOHV FDEOHV FDEOHV
FDEOHV
WUHIRLO WRXFK WRXFK GXFWV WUHIRLO WUHIRLO
VSDFHG 
WRXFKLQJ  KRUL]RQWDO  KRUL]RQWDO  WRXFKLQJ  WRXFKLQJ  WRXFKLQJ 
PP  $ $ $ $ $ $ $
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
0XOWL-FRUH $50285(' ±&839&39&6:$39&&80*7/6+)/6+)6:$/6+)
&XUUHQW5DWLQJ)RU39&RU/6+),QVXODWHG39&RU/6+)6KHDWKHG9,(&-
$50285(' 
0HWKRGRI,QVWDOODWLRQ
1RPLQDO
6HFWLRQDO /DLGGLUHFWLQJURXQG ,QVLQJOH-ZD\GXFWV 2QSHUIRUDWHGFDEOHWUD\
$UHD RQH-FRUH RQH-FRUHRU RQH-FRUH RQH-FRUHRU RQH-FRUH RQH-FRUHRU
FDEOH -FRUHFDEOH FDEOH -FRUHFDEOH FDEOH -FRUHFDEOH
PP $ $ $ $ $ $
      
      
      
      
      
      
      
      
      
      
      
      
      
      
      
      
 - - - - - -
 - - - - - -
 - - - - - -

3DJH
$SSHQGL[

7HFKQLFDO,QIRUPDWLRQ
,PSHGDQFH

,PSHGDQFH7DEOH

5HVLVWDQFHDQG5HDFWDQFHIRU39&RU/6+),QVXODWHG39&RU/6+)6KHDWKHG
90XOWL-&25( &LUFXODUVWUDQGHG
1RPLQDO6HFWLRQ$UHD ƒ&$&5HVLVWDQFH 5HDFWDQFH ,PSHGDQFH

PP Ÿ.0#+] Ÿ.0#+] Ÿ.0#+]
5 ; =
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   

5HVLVWDQFHDQG5HDFWDQFHIRU39&RU/6+),QVXODWHG39&RU/6+)6KHDWKHG
90XOWL-&25( 6HFWRUVKDSHG
1RPLQDO6HFWLRQ$UHD ƒ&$&5HVLVWDQFH 5HDFWDQFH ,PSHGDQFH

PP Ÿ.0#+] Ÿ.0#+] Ÿ.0#+]
5 ; =
   
   
   
   
   
   
   
   
   

3DJH
 $SSHQGL[

7HFKQLFDO,QIRUPDWLRQ
$OORZDEOH6KRUW&LUFXLW&XUUHQW&DUU\LQJ&DSDFLW\IRU;/3(,QVXODWHG

3DJH
$SSHQGL[

7HFKQLFDO,QIRUPDWLRQ
&XUUHQW&DUU\LQJ&DSDFLW\
6LQJOH-FRUH 121-$50285(' ±&8;/3(39&&8;/3(/6+)
&XUUHQW5DWLQJ)RU;/3(,QVXODWHG39&RU/6+)6KHDWKHG9,(&-
121-$50285(' 
0HWKRGRI,QVWDOODWLRQ

'LUHFWLQJURXQG ,QIUHHDLU
1RPLQDO (QFORVHGLQFRQGXLWRQDZDOO
FHLOLQJRULQWUXQNLQJ
6HFWLRQDO
$UHD RU FDEOHV FDEOHV
RU FDEOHV FDEOHV FDEOHV
FDEOHV FDEOHV 9HUWLFDOIODW 9HUWLFDOIODW
FDEOHV VSDFHG  VSDFHG  WUHIRLO 
WUHIRLO  VSDFHG  VSDFHG 
PP  $ $ $ $ $ $ $ $
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
        
0XOWL-FRUH 121-$50285(' ±&8;/3(39&&8;/3(/6+)
&XUUHQW5DWLQJ)RU;/3(,QVXODWHG39&RU/6+)6KHDWKHG9,(&-
121-$50285(' 
0HWKRGRI,QVWDOODWLRQ
1RPLQDO (QFORVHGLQFRQGXLWRQDZDOO
'LUHFWLQJURXQG ,QIUHHDLU
6HFWLRQDO FHLOLQJRULQWUXQNLQJ
$UHD
RQH-FRUH RQH-FRUHRU RQH-FRUH RQH-FRUHRU RQH-FRUH RQH-FRUHRU
FDEOH -FRUHFDEOH FDEOH -FRUHFDEOH FDEOH -FRUHFDEOH
PP  $ $ $ $ $ $
      
      
      
      
      
      
      
      
      
      
      
      
      
      
      
      
 - - - - - -
 - - - - - -
 - - - - - -

3DJH
 $SSHQGL[

7HFKQLFDO,QIRUPDWLRQ
&XUUHQW&DUU\LQJ&DSDFLW\
6LQJOH-FRUH $50285(' ±&8;/3(39&$:$39&&8;/3(/6+)$:$/6+)
&XUUHQW5DWLQJ)RU;/3(,QVXODWHG39&RU/6+)6KHDWKHG9,(&-
$50285(' 
0HWKRGRI,QVWDOODWLRQ
1RPLQDO /DLGGLUHFWLQJURXQG 2QSHUIRUDWHGFDEOHWUD\ ,QVLQJOH-ZD\GXFWV ,QIUHHDLU
6HFWLRQDO
$UHD FDEOHV FDEOHV RUFDEOHV FDEOHV FDEOHV FDEOHV
FDEOHV
WUHIRLO WRXFK WRXFK GXFWV WUHIRLO WUHIRLO
VSDFHG 
WRXFKLQJ  KRUL]RQWDO  KRUL]RQWDO  WRXFKLQJ  WRXFKLQJ  WRXFKLQJ 
PP  $ $ $ $ $ $ $
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
0XOWL-FRUH $50285(' ±&8;/3(39&6:$39&&8;/3(/6+)6:$/6+)
&XUUHQW5DWLQJ)RU;/3(,QVXODWHG39&RU/6+)6KHDWKHG9,(&-
$50285(' 
0HWKRGRI,QVWDOODWLRQ
1RPLQDO
6HFWLRQDO /DLGGLUHFWLQJURXQG ,QVLQJOH-ZD\GXFWV 2QSHUIRUDWHGFDEOHWUD\
$UHD RQH-FRUH RQH-FRUHRU RQH-FRUH RQH-FRUHRU RQH-FRUH RQH-FRUHRU
FDEOH -FRUHFDEOH FDEOH -FRUHFDEOH FDEOH -FRUHFDEOH
PP $ $ $ $ $ $
      
      
      
      
      
      
      
      
      
      
      
      
      
      
      
      
 - - - - - -
 - - - - - -
 - - - - - -

3DJH
$SSHQGL[

7HFKQLFDO,QIRUPDWLRQ
,PSHGDQFH

,PSHGDQFH7DEOH

5HVLVWDQFHDQG5HDFWDQFHIRU;/3(,QVXODWHG39&RU/6+)6KHDWKHG
90XOWL-&25( &LUFXODUVWUDQGHG
1RPLQDO6HFWLRQ$UHD ƒ&$&5HVLVWDQFH 5HDFWDQFH ,PSHGDQFH
PP Ÿ.0#+] Ÿ.0#+] Ÿ.0#+]
5 ; =
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   

5HVLVWDQFHDQG5HDFWDQFHIRU;/3(,QVXODWHG39&RU/6+)6KHDWKHG
90XOWL-&25( 6HFWRUVKDSHG
1RPLQDO6HFWLRQ$UHD ƒ&$&5HVLVWDQFH 5HDFWDQFH ,PSHGDQFH
PP Ÿ.0#+] Ÿ.0#+] Ÿ.0#+]
5 ; =
   
   
   
   
   
   
   
   
   

3DJH
Lot 16, Jalan RP 3, Rawang Perdana Industrial Estate,
48000 Rawang, Selangor Darul Ehsan, Malaysia.

Tel: +60-3-6092 1353

Office Mobile: +60-12-332 1377 / +60-12-332 0518 / +60-12-520 0162
Fax: +60-3-6092 9871 / +60-3-6092 1352
Email: yuh @ samakebel . com Website: www . samakebel . com
GST Registration No. 000687210496
&RS\ULJKW‹6$0$.(%(/6'1%+'