Professional Documents
Culture Documents
HZIF Answer 6
HZIF Answer 6
NGO12463HJO;(*6J+2;'%0008N/4
7087')N895(/;J1L+('F'(
J>%=4J1KO&3=G72J/H%<O%-NLH'N>L8.O-H2=,.;H32>32H9
<I9651O0M/(0;)O9J.3(K&F(4I)3.<;IL><-24-87KI,M&%4IGI=1,',38=80*J*44
:','O6K&ON*<(5F1*-*;5L5L%LG;4'>(FF
>0=5-K)J8;><(2/7>1;K+7<'O4N>7'H2G'<I=6J,4'1L
L/16'IIG&2(**7&9J9G<M9/M/I9)>-17J:163=7IHFF5G97H*/5>
>.6>K*F3N:L41(O1+:/N=:680
>H0%&
JH+<.I+8
)/>,-/-=:2
I6IH=IH)'%74O%OL,5>7F4I797J5=
H.+7H>/F<G*JFNG:>1JH406/4,5<O-1HM4&=/22G=+I7)
:LG'M,.5>+:G75;.=-OO6N%<G%)2=(-14:1,JF3>-%I<9L(I>>92=
0,,-<H<&>F/=:F8H9
%%17J
)=>M9(1).95G%-J:(:<2;<89%GM,<9*'2
G6
LH)-:M2(/;'N<L5;:')&+L&(M:*,:O*1K;31J5J;+;=)6('/JM68<7;9
<O(%L9(*)L*5&'-/8%&=(6;/6
<.':*N*31=4.+JH6/FI<OO0&0'*H>/.79'2/,K/
(IM350.N:>-)6L+)-J&I'913H;3KJ5%=OIOM&GG-M=IK5N33NI*<.<HK<'>>35
GN5K2L,G3>(>;JOI/MLH)*NI:'L*/+58>+61N-7)H8%0FH::8J.5/G7=FOI-<F:
K/I+)90%;F1)'J63L2':4(3''M'IMJI>>%9F>,>6&
,4-/&;J/4O+-27=)L--''+H997+0:NG'1.+F=I-M+3<+
GL=HLF5)*K*1L
-I/4.I4;%HH
.>%7)==/JGOK1/M:F:**FH12:1<62J4-,>
IGL&K3%4&H53
00M146LI7/>)L4*;>GO9JI;G7M>LL=J*9-H12,'N1-/,5I((9L
.+&7&1L%M803K,MN=1&=>45%5=M8L;I2M2>FL;%6:5G-9)7F%(4&3)=(L(=<
MO;1ML253,),IH/%G6<3(M96O663<=2:0%4K7&
21G%:J=65M
L)/(/-5-
L>-=33NI=,280((<F'&OJ7JG2+I6)3
/<<K';-5
HM8:,=+'8<KM;MO:/<<>J)&%
.MG,:/.&O1I6=IO+7:,-%*36
'I/.1-O*H)%%
<L2,5O
=-L&85K9<FK;6:2
=F*7N+7'*/HH/N<)';<9:--F&H1,%6I7J)K1.H))1O5N*13)'K5%N(O'
K&87F%(
7M01L
-I
O-4.L'I*L//=,'<KG''5::4;:->O
369*J.1>'5:(2(JG/1*)>'
M:4)-J/MJIN1:6J7K;
>L+<N((N=F.M&7KI6
.3.J7N%9I:21L/)O(I67/
318IK%
2G)27+:O>J3N3*0M+<&N3N%+7,)>.(7G668.F3;%(56N'>'3=,1*)
/,L7HGM35<L(:&2=J%4
9:L5*M./0(O7,H;)>*).091-15J8-O-0;>;6859+7%-*KOG=G:>O),/&6I9*(>FM)
H'+;J<
/G0/&4G%2HH)N+>6;395G;L>K>9>:>5:K7+:8662G//(993+&<4.)</H74<>8)13
>(;==/6<I,K/IOG4O=&566G9)8(L)&<7/<G>
4(I3H%-4=26J<.<G-
M9&FG<%8(HK
G.+6-J0MO+-(/>.%**<1F;N++=88(3F'10'N(O322'>.I+)6;F.&1F.;>
%+I+/M35K>5&2&279M3*&(H4)OK;H:7+)=7
L(0G1:JLK9**/4,K
1O.&3,07JGO0+4,6MI=HH1N6(>)F9O1'/*)GG-3O>;M>2(JO%N*/
*'N5&3&1)7/0'<%'
911:&'5L5O
LG6<4H
I<G=G'OJHH1&H-29><:<>5-
72(+K<64M*
K70.O(;1GIF=NK/4L74FL'L.94
NJ281N/9F%I51L/MKO4JO5L=54LG,7O15GFK==I.GM5+M3'OIL<<
H66K&<.I
M:>)&H+K8N4';)J6MH72I,/%(.H%00%87>;1=*;J874'GLI7-9
%*OI6=/2;/8ML:6J5&4'6>+JN
.FGL)JK*-*-7N1:L<891>-M1M%47%3H-3(.)K>-57%(N
H(;KG%M-F3).G6M'>;89/4;,F&5F5,/,'J24,K6,,/KI5OK2=1*,85=89'0>I3.
0;22M8J2H;'>77=03*+%IF8+LK--:G4O.=(:4O
&,4-+86>24<-I6&:..
36MIN1,5'&
)/5<G>G1&L>:(GNI5JKK7-L:+L7
KF:8O&OKM<8&FK>L0(7';/.9K1:6%<F38.72LHO)8&J;)L%+<F=JH20:/G/9%
+>G
<87K:4)%FMKG49L)G<*;3OJ5HN<-(;2M+9J'N;J'H>>&G'5.OG)&MNI05.MGM<N
/G91L9MH0I>+O*'(,:*;J;=1<,O=%K)(1*7H6(
6J%.59NK.17F7(
>:K6M0)O2,+L(.L*<3-+3L>F;=2/0
'J)8N(I94'I1-2O(2OF+:6O-KH034)
&/>4O>2F-K>JI;GI,M
K,-+I&K1.2&.1M-+-068K.>'8N'G>2=+4>-7F)+.&><-./H&9<5LGK4(6/.F9/).+
K)+/00M><K=+=L14J<5:=HM%308O95
(3)J1<I8OF332I)H+5).;+F-O&/*&+LN)933:9>
H%(-+9G843ONN-'8';34-L
HJ62IF)/
1=O(<07MK1<,6:&O;4)L;FFNN556
8G140&=M0*8':3)%MLN85,4LH(G
10(M-.O+1%629='F>H'FJ>'+,HJ;1/%MFL(9O>4-3''.*4N70;22O
J2OH-;L3(>5;((H3OK.2.7;.&'05N*L2%&'FOG1-.5,F);/M9;7(J4';N>8>N(',/,7.I-
<613O+G,,NGJ<(8;F,,K:/2K9L=)I)9ML':6=8:,H9977.,5)2</IJ5I&;JK'.
8*<I9+5F9;I&5*4,F.9)G6'7J)40,4(<90-'O0:*N38N4+I,HH4L12F(JKI>%*
:-7.J7'75=3FH77K721&'I/FF+=**:7N+;GFH+N09I60:;M>3=M-
8(O*:0=+M7FMO)*L=3-G0;N(.:((3,=*=9FG<<,'J7HM2:61*0M:I6/-
5<L''/+HO9N4N;FN>,I+*=N;G1))=N/LN91J*0.J8H(3JGHK->.*JL=/48
79+O%K>
'91(N+=);*;7.&(..>N.:,49*3:,0MNLN6
.F617-/4<%1>5*>+5G:>&=*+NNL;L-05H;
9%>&OG)1.-K57;*
NN:1,F7
7F,,2)F&(2.889.>-=
1J)(NI1527I=L>F&&86HF(44GOH<J(+56G>7*/3>G4G(,IH=7&8*12O*>ML23'
L,N&-.:>=(L8;-7(+4)
870(M6-)0<H,M
=-=+&8<O(0;KLH:5/IM.&<12&7'>9,>3K)2M/;0N+NG<N03,/5&HH3*0H/662=5
L-K:<F6/O%18=M-*K2J7(F>5MG7&3G&%(*>)&1NM97GO7(&
O0)K*:;14.F,),+('
J(+:;>7G'I6*L%(L+L0K(/JL*J5+683*+<H16NMF
3*'5733J=%0)2-&8)7:O547>-H3)%NL9-7F/).;+LGO5:
71H/4:MH>0<L28102)J98876)+GF54&:9
<-7K9(L>
:N%/&9
/782N9%H3<+F=0:.
6,)
/',(=K>1=O0(/(=7-HL8G9H=<+5F.J(9'=)-/8I2L45=
3/GM.I='=MM*5L9O9%)<268MG:92L11<0O3311.,6'4/9M+2G%-(H;=)//
;N
K0865G58J,8KI*-:I9&-H7M1I3G;7LM&<5:J&=>--:3
G>1,;+J.)/0,2)'JKN6'L..K;6=&/.7G;2O6&L'FH6FL43;/K<84,)%I;%(6-1+:
L>977M;:8L8(K'<;JN*J1
,G2K6HO,8J=N.>*
&HI%;73%H>-H%
>*=L17267F5>33L(++:1;6F10H/;LI,1+:=N&/0L;5N=1246*J+87N(6I*&-JI:-
K2
2:H;,:4LI2KN),H+/
)M)39<4.3/F9H%
/.*J
JF>N*
('7I%JM,K*H
(<08O;0J(+F5'-44.K6,>6%7O+0,75)+--(O%7(24*H6-,0=IF*NI2
J4NM,M
,2<',7>2+1G
/9')H5;=<)'<I=
&-O>=-JJ51<8JGOM+GG8GHJ),0-))J<L0<::>L>28G,=';%,(29,M5I5
=%+M,,HH52FJ
K<0J'+
IKG
8*L798L:0L;&O4N)0'F>89L&9>4/+)2(OJMM3&)</-&'(194H';)I458I,JKJ//F+87MJ
<5<234K+';3:F%-+)N4HFJ<--G%%==;,*-)17-4;4J/0K
0J5J=).O83/L960%)5%:<J.O/,2'I+N,=1F+:G'O/>9LL=/G:)O8
H-3-:0J;>K20
%275<I501JM&;-1K/>F-(3M%
,<%58>5N59O,&-O<HO85)24H;+-0O<-+/I%89(H
-<6
;4885<74;=2H%%'(MOL-<92G=M40N,87/:*4-%J%8:J*N816=4I6'3%J2:5+
NL52:&(*,O<-*6IM1,GF9I+3)1+4%J>I;346I/1M
4ML;G8M2
12'&O:OM>O,*7/MH58-G.1-19O(-MJH5*%F.IFM3&5)H3K8;2H5(,57.,%9K3>FG/
*+(&1O%=56.<ML/67-*H0
214G'):LOJ1H+O4+20(&(1&369O,K'0M<H;I0/7.<9=&N%-;6:=I&1/
89I+&5'*G,/<
N%3/.)O.1N-0H249H&L+N201F/>2<M1)3+L*''<L-83,.7'I*J.6.4LJ*2
J,F'%
36;9711GK29/)
6,4G5JM0031:==;MM>M>
9I4:<&,G)O;318HF*.4%'70%(L.:J:-3>K'%OJ7-931.53G.ILJ%;/40H98>O/O
J2;JG72O9)0:;;-,
=2+FGIG66*%F(&47N2JJL2974-G;O;H=4=);:98<
,6%)-/(K9/N*;:F'%%2GFH+1F61</1L)*H(H;G<632IKF<0N1/*%1)%G=%+&J,17+'F
K'J;(KFHO+F'I)1K9K/N582J1<;%=J<H.2O'+>7-+=K)78I<39H+/OK4L5,5'/+H
>(>22J=
.0I7()>.2%6N+&<N.>:2G2+;&GOI3))>7&
L8'8L&%(9O=/L7>*'-%+'6%'*-4O==6;):(<7G.M<ML38()*
+0>G/
F><,L
4+'>;(-*-,7/'M&:LH:&%
6NK<IF5)7=0J>F&
>3:1M3&+*LF'FG><*3;J';<L3I,.9)NOJMG'5J)4101<7L&J'7%F:/57%&N/L;(
3M92,(L'H*,71J9'>%(7NK+%<.;
9G+G>)8
,>11+M1F;%62+<:8*8&3:,1H+%7''O7+=<
=<,N9FI,K=29;
MK)41J'<*'&=1'IFML87'(*
L&-*G>>>
98M//'
=F3='><:+%>28M:&NO9H0>)-;G'3*
74G54.OFJF:,3&J*L)L
=/(H6(945I6K0NG1
,O>
9FIMK43<2&-/
F7:%I+GO.N4.&)+FI)>.O(-.(>LM6>O:)-+66>G+GI.0.(>K8/4&'3MF3)
5*LN4GHG,KHK;H-
.G'5;.%-8-35;(><9+3%2M1*0/HF-%69J:>352ON(7)>I2%I-5/'0)FJ3&2MH+M
&96
<'INN78.98
4I
LFNILN,KO'.HK>.69'M+:5I.4G).7NK%4:+/LGI6'38N&-4M*8%3=.I<)>MHN&/J))>2
%88,H&41456,NO6H8%H:9N()FH&)F;I(108'LL
MF,16*MNJ0
23
FOJOM1,I2K4(>>K
JN>8L;GN/2J3(L+-'96H>0'>&6)&959<L'H5>4+39:,+=OJN:O-,5J,J-NJO(HOM(
)+-'(1
-IK7ILH<3.9I('&6=J4JFK%=<;>GGG5IN14(3=+K,61%+41F23)O6HK/-OO&&
3OO22+LO&2()<F*5JK3G'F9.=(&6GHONO0L,%N
9;&4*L*1G'7J6H-(L)45F/%.<J*O<4;*3=0HG+1.F>8J8<8;3+H&I<02(>(87L11
MG=)28J&=ML8L;M7&-)(I%'
=&87-JHK)'9<9;>=J>7I&-<:O2I<I(<'>2);'=3(<)2O7,><N;+J
.8>03M2&9K/.
GL+J>'88;H(*(5<J=1%8LK>KL8<;K:N8F&/LN03,-*F(5NF3:2;5+/O/H7,-G%
K'3M
%O,:<;8J89'1%'H9+M8):-FFFN3(ML*.%F2
,H*/0-6563
('36=,%=//,%,2HN30:G8-4)(F*98<9M+%(19N-LN*52,-*(678N>./)=/6,<(56;,1
J=-'O5>I6>I37'.-FK,*>'82G:9:F%<O>;
K=;<N;O)9>8=*H=IG:9-;F
2F/:=4/&6N:-6N,M//75O:+,F48;:7
G5M/L%M4I,L9
0=*M>9',/%75&O,4<G7*31;996F*;;O:KL+J/-3H5M9&4IK%F;7';3H6>L<:=J
L/;2N9'&GO%J3-6=K56&5652F/=J>9**<>(K4/(+)+H++,MF>&
.30,M6F%O*'%-
&ONI:'-K*
-HM<J2N1'(JN:9</3<7K0-NM=O/*-3.:GO,;G=F:>3G%29K(%8<N2+O/%I,';O&
O/N(/8%7JG)%8KH:,&').8:0059=707L662H24=)293=+.7=7.H*G:F4>7>HG'&
3'L(K'>GM9IK<H,-7I';+J1G6
%4++OGO;&-6&2>'--)N'6K0K*>6&)I8,H42/M4FM*2661(K>9:=ML
('38&'I*-961377J23)
-::;&-3
/9:H.<M(K
0K249(8,+5HGF);%/&L)8/J<N.>/1&6INO9MK28+;94N<9>IL(='/'*4>>5'4'%(
F*+KL;'6727'<:2)13=)>MOF='H(2OH67JOO5(384G9*J%>-19F>%7F>571KN
G50J>35>4K*9.G
2IIO5&F3,/+%O23>)IO))&2%4%/8FHJ
5)6&GJ:&O)N)4G&G9NLN=,;(,-%(J<GO((-=%4/=**>=HH>9>NHH,20;
,(M%O2.H64F07'3.<6O80L2I(*&6GI=LM0&F/)H0&5,0M0O68*6K28<G-;7+3:'J4
OO;:7=.IG%<9,I5J0H+LK<G416
-*)K7J&H6(6(%5(
;=:'227'-15)H0-H7)K9428)&(M;+H39++<;7-I(;)0L8-H041,0
.),JMH6M3;()KOI0J<</F/><H=)J*L';M-K:4O+6&0NF3G>&:5>,&640/,F/)LG2=J2
<KK0%
L;F55=<LJI8/-HF4L/-1MO=M3053/L+N-N=5=
J;
K1%6,I,8H8K68
I+M&O0NO977;IF=KK/2:5GK/03-I98(3>,)J*F)7
6H41N.F
IF9I:96K6KFM-/;,'.
5=9K971GJF-6/&2,:(6)M*.%L:,7%55=M,(.L)%%>25.%*/G4,*N,2,51>;J6
9LK+84*96K63(O/G025=G8(K=(:%,%N2F=.J7'6=*6';+,>1FJ+56&*+%2='47
<H,3%O95*-O:6;K34.0.6(JO.
/&0N(81;5.4<
);=5)H*.>&I)*O)>35/556)2N.
-N7K1&1&6G%.I=OH6M(&:2N>L.;+MGK<8-''M+M%)0:F<F%L.+J()15OJ0
59%M6LG2+N/'L17'9/0O1)J-*;O1:;0G><M778*4*,3+/);NK1*./&>F-
,)*N%I1/3JF%=IJ>KIM),I
KM;'(0')=F)*7,9I9:*3&,2-/>(>%;;GI8I</60F*,3.>+6%+%%-M9>2
%N3G5,H(:44=9O-MM799(0;>/J)29564&
J00NL*G5+-9HK;O&MK.0
N6J16'HJ%J4><2*7=)':M*&8:+=''NL
KI%=63H)
'4%6J=0)-LN*(;+2.8*I)HF>G.%,NO>M+
56KJ*
9(5*9=5:(%867+50=*8'%:9(.-=8L79<NG&OM6&<K6&%J/5M2I:21N.
<I,9O&5/6L%=K8(O34&M6:+.=GJ)2%
2,+1I9JK)LF(.'7>=69J;/L470KJ9HK6'>:%H&:-<M5
7-=0G0I>1G0G)6=.2:O-70=0:OJH7FL4NF;&8%M6O':2
*-:0/N+,I;
/MI&G27G)N9
%I:-O:<)IG5G(N<FL:)()K&L+)H.L17:'9':/(66J(+6%%NG6*,89'&90H=K71HJ+=5
,:1K6>5**1N-(.-OH26&,3=L-I0-6)
21)1L(0(/0*O-1)
GJ
3*F(I)K'2,-)H9F.>,==)-L9')&I2;F73LJ6+F=F>%8-*:4-3:;J&<OIO.51IH8.N,F.1+5/*(8
G2JM.&+*NN8)36<87G'3N-II
=5IJ/4<)8>4;-))/O4;%0/K3+F40,I23H*5)8J<II68/&2M3O=+''G/572G;=%
(.9+<&:5<:;1++=(3=:05)2*<NN>L54%5J291HL6;J8>2FHG7,3;07F2L
&4K5MO0N<LN1540&HOH:(;55/H
-NF*6G+*N27*=6:L'8M&-O'<F(,4,MLM4(G(%JN6,+30N.65
+L&358&IJ<>
5K
20L1&2L07)5L1<.I3'./;G6,3I',FH
773NL),=7--G(3M1:K)L+6)+/&8
F:<%1'ON%)F5;401H58N-MK/FF7
:377N.I,5
2N6K.<F:L20F6:5L*=
;6
9G<)*O+K5>JF
79K:H:6<L
+=<JKF)M(9(JFKON:+'7/-+/33,)()<2''7=&'*K049:+0(G
8.;*<G*LF00LG3F(3%21*M.&MFLG&=&)%41-(><0=(-;H1L/KF6:25K/M4,=1>>+
<<2;1MG7/64L762L94MLI><4JF&&721H>-LK+K8;
1'K
13J+/947*3
I%5G/J*J
F99=I'1)>&O/L<%.37HF%.NJ
G3%/N:=
F1.H575M;,2=)G8G/L<,'<
44)H40+:
=='
;GM:.(4*29%=GF>M
%=(M%I1(226K/4>'N-4(K%*.L%61H&4G2H78-H0I%0<OONJMGKL14/)3
34%K)06640LJM&-/H<-7F9*<2:F=<K*5<*&IM3
=>1H7>)00/3OF,).5I9=34*+.3<FKO,,8)7(535598M:GN1%%(8FK+3+K253
GK9>=88105O+,H92M,-=L/8F.1(8)KM&+8:JI++9(&K<-004N-48/M6J03,=MM
20(/10+%K
;N0OOI'7'*
N471+:L%7
83%N<;49(1<%,F,.+'4(0%>
=J-+<FH07410/:83J40>
N4=8%'=*>6M;5
='L)8>-9L=,89M;.>-%I3O/F'9J,II2-:;
,LOI2-1NN/O;'F')0.&6FGF)%+L24,1+-H:JLG9J'&*-O4;G7I3(+8(GF0I5M-.
H+0<JK+L
H=49<KOG6&.(<42+/K7=+M+9,&;<0;2=3O7
=<4I38K890<N>--MH,2F;OF.5G>K6,M1-FN5FGH;=0-4,/MG5J-,.59H56'I=),
>>KO+I-==O3*6+0-FF5;L/&'>3F1'*='>I1
*I167*3=543->I-)8,:/,>>)==%7+*)381L5%4
::)IFL.3G)G).%O5I69L6J1M.+.<='<=20FJI2I:=J<K>>778J>F0+O9M<I-
7I6F4&HG=0,=6>*4358&>*7H0)8O:&>OF0F:M*:8+>&*N>.2
J<<8=9MG&L9<+N=JO+8*20.6>7;IO&L-2*,-I/HK)%);<4(9407
2-M45+5=(-<0
'5>G>-5),;:16
5&I0K;&3(I<)9OO*)33.14ML(GJ<6O-O2+M,*7;9.'7>JH=6)*=N4.%)G872F7<II.G
F-:1=1H.38,*,/)M1<F*9<O
0<9966L/M*5>7;;7%G&N4,62'%,(,<>4>-/8<5-G
63M(L'+M>LO'H=4'+O),8IL3/F,;FNFG<M780.N=:;<MJFL(N&;8*:H;(>I(1
+4:2.M&K.FH0F%G:9*M.<.*6/4-2F(L.5NGJOLF&:1LIO/+*7O1+N62:I
%),OO3863HH:=0+'K
4>;7I+)>8)J2/F(;3/2MK+68>'
-%9
L-03)/9)J8NH0&04
)+(,G+J:MH<))%4
811I48-)G)LHOKN1>2'=(+K28=77,-05;N*I(F
OG=+50J=L2;9<6HH8
<
);-*99&2>.2.<H8K*73>)0L*H1&3=JN4*-1K:M+
O6O:-I+LK'822K2%I3<L5,-+/H437J6>6
6J6F-,K883.
NM;351)>%5<G/:<6+N8II(5H:5JJ8M46+3GM+5M)NGL
.LLNG
-G2=&=KHN>6'*2L<G&
M,'OJ6J-1).)1L-F6&/&*3+3)0,;>'5MI*-4;:6+OHM5-O1'
;J7-FG
8'.4
<.F)-=J0<+2*-O4F
LF%I/-*2K6O:K0=OM=;3.)
&;)F)-8N5M*9&%//.>.4/G//62/412-M-1'F'.'M<(6,&94F.08I1-95I(M*GJK>0M
M(/'<><(K
7478)-2L6*I/5&LN).OGG1)%'<)+9:G,=&<F8I3=(=>.:/)30KO*3KH84>LG,K
I04/,OF2/;F**O.>9>7/FNJ0/(I08O-=G2&.&6-8
).(OG:%4L2%1
MFG><,9F0%)(IJH/GH6=%5HO==K>>3
MJ>)O*(L6'J,6>HFJ3
%9F8'&K>82<-5-J,;9'I>-.0J<2%:%K30(6/&-,<JH=/'62250N>NM,
:K<+(HI;44O:L>>-;)37)-J);(F&5O*:,G;FKL8O609<87>H
<I'
)4F>+28K6>(4%(<971)-(MF9-)+KGF147K%KO*IN'J;F>F*=7
81*5L&'>6/7/9>5&86/+J4F46)76'-
=2<'=M+5-,O52'J+,
ONF5G.M+G2&5'%&%<1,)4L&&7JK%GHI:)I7F&7'0H)F7G-3((>-.39)O.
&:H5<J/872%*J
K306<0HG-IK:74'I0O=LF,:1.N(1L09(3;,/K<&98/)<&K1=3(I3:-<F:)<)
FK;=HH:65=5G-%:,%,L'2
.K*9N;/JM0O*:*I-;LG)-482<K%4N,))*/'326'>4+())K)%5
&M/*+O3('K=I
-31,9O//4-&G+33HM6;0L4L:7FG&;7.;-)/(H,)NG:5;<F4884
*-L*I=<OMI
;7
2/48INI-;K.)4'JL&%=
',=*>:>9IG*7F&K&7.&K5'F<J*6G;-8'1L='8*1J
H92*.0IGNF8(51</*7&L&2-=/./=.K,%*M>890(K4G*9L2&G;L92
,3,0)-)<8/-K
8G);)M*/2546/.=5<:J&G281F23+%+-..NF/I9/FL>-&NL(%J374916*=
GM=-;6+O;KK1-/66&,62>F'H6ILLM3&346O
5-O(5F9':>9'L5,855F6194;I>3;6NN
&H6L,J<O9LM
2>KO;OK/76(9O0:L)H/=H4K:J**7;'H51L'LI7/&H3MOM9N(33ILKN-;6;<
&<*H,J=+8&8268+')L2*K-(1G6=&0O37.G8OI4;K4)
OGJF667'5>,.K9;31O8=6;O%+LI3HG-LF8>H1+6'2,>I<:JHKH(MI,%7J57.,*&
>O&0L9<'=F403=*%*>:>J-:;LM+55MNJ1<'(8G%G%HJI:I,3&:G5898)+I30<
H&L5:%+<J1'=H,K<=I3;G1O11*N%4*J&OM,H6H.N(>8<8HJM*(2(-3
L/J
)I6641KJ5G
4.)2H0*O++'
6/J,,))';L)>,2</&G8/,5+(.8JI-1(MOM1H-2.FN:73&++484F;F5=
G6&:'M'42-/H<I=LLM3LOI-;/;:=2O+:**&4L.NO'(F<%*H=15K3)8+NH5G'K
N5='L+.+2I>><007L&82L9,&F63)*H86,)94ONJ%KGI5OH3,(9KFN3NM2*4
I%*O6,2N005NI7(&:&M=J3,.0K50K(9I5%5=<N60<KH5II%89(6/FF8(4L&MG
41%9)5,1'>=:-6M)5
.'8&00KJ-OH7
*(KO4.JH)I.*7;755279I9OO/8:-H08:39>
&FJ1HL.:)4,('&9*:,I8M.J0'KL-NKJ6L<O-&F37
4NL5J'=8=2M)518K
%(I6F/MG.)=F%'J&,G-%FNL.M(L,(3)5/4&=0K5M+,**<:+,%,N<4F52G+*6
K5L,1*89K)=<=44+8N'*++0<)12-<HN3K.&I)8;+/1*+%
%8&6>3F/:
IG%3M2:MM&>*805.,%K3:%H)364H>('6J*F('+>**59%
4F<9(49+7G2L>+OM>4<,K+H**1(&-/LGK</O7/L7'/6&/%'<,(GHF)&<1/77+:.
78/85*LK>K=54,:+GN-1F&*JI/J/<
9G6;3>*+.ONF6-I'MJ%N:7<+&<;>N%4I*''J'K
,&22.K76:4%O91.81;14/I0/0O,I>9
=60/N;3M&)H4K(2+5L0O-.1N
M%I99>6;.'=%N&;.5H2,I(8K=(,GJ-28)>/,N/%O,;=(>5M'7.;93*F9(OF6H(F4+1:>9
5&L5154J,<'(M1*:%/01J3,)%N8L:-H/G2I2J2=MM.+G*3531&I6:&1/K6H
O&=IK<0:JIO9:6%5<G6>6&=)';G+706%.;2:>2F
52>0).0<84*4&J6K*M%
J:'2L'>-KHO%<.;.3)K89%L19)0;::
&O%(4+8<L>()0;90**.F8K.3%6-4>4NK)3O36J%(O-8/
;;64(5%3H+'37IL6)5O=9%2NF5:OM<0.,O)8G(:*%I%)G><::J/,4*(4F5'*84.)=
1(-:81HI3=5(M16'(LM*7'65N(IH,-=J-91/847&H%=)G&+4<=52,0JK%<54
'>LJ00JIOII(I+2%I):/1=>(9
=&:;4-&MO=,(J1=*I<&.'G*3
F+*+J9L&:5GK;IFI9HJ8*5
I&O-J1*:&H%40;4IKG%>
>4I4O9M83,'*M94*N%'3<1MJ6&OJ
2/(O
K3L-20)-K%<
F,5KG)7+693<,-/(0HN<<*:5J3.,4KKM=F6:N%/*+0%3/F0HFI+=4MJ
1,;866(K%9M6+8&'(5<<OO(F'.%0J46<G(N%46,&%=JM+M7J62-<F32'M3:&%&L
N,(13*.K=N<1::6555'6M)%'5M7<>-=/G3N=3
0:IO0F=75<J>O3=;25;N)+M0+K(J
F/:7M.7;04,+79IF=
3>2&9&6*>)..FI4;.4'JK=29H<),1:>.GL)7NOF)K/H<;N
/&
(M(<H;:.M6/1/(->6K-42H/J-4(K=KFKK:&:4:46GG9-;JOG8F
<>4,))=>5>H.-&5M2IKH8J->-KOL
7J-N9&'5.I,MKJO8-IK2FH=:;L;>2>)K142H+K%>N22JL+<F6.)F(L+H3
0'
)OG=:N=6=K7)I*(K:0:M)
1&I=+I-5N
.H=M<>M;:+I&JF<)(N>7%.*5.F:6)L4'9<+9;9;I.9/K1:<+O,755MM4:6G)&GF
-1
JF
6J+<673,.+L1;(3
OJ9GOG
,*6+GN7(O22>JKJK8
1-4*L88J9=8OOI'JJ=L6=8;><O46.,F-N*,7NKKK*.O93F(7>7H,L&//.GJ(N
=%%8<F6J2F'<F:(8)+M62%IF>874'O4K&,KI;+2(L)9L;(;4/F=='F;*8;8N.3L*),
/391%H.G<*MJF42H6>*54>(36&4.O;+4%(=KMGI
KN119K874HO'/M1>-%.H:03ON*9FKGHHL
/:((LG.O9+IH5OF&4'&59084L:F6N>,3%;3'<>>H=,6:1M/79L)/,9,JK
80
OH4F:F1.:1%>J5MNN6H+804FJ&LH9O04I/:IO%+-3'H.O1F4LL6=G88'
*))F6K:.03*>GL%=LJH</%*L
5/9>F2,>>NG03%F6F5=%+J:53N:2G(N7(0&'9L+IO+=*)G92O76/H>'9458-3%92
36I4;7
:+0917I>76;4I-I==-H89,1&F/..F;:>%H3-H+;9<M12.6467'<0%K
7/.7H0'3G;(/IG//K-K,FI>5H>37:N;13=NG)3'J&,(K+N(M<.K9KM-:2J6/%I<L'M>4)
I(>/1L07.;L%*375:=JNG/K>
&;(;F32F1
./*5FFM''>O=)(/.J7KF17)*89%4N+&;:-:;1<7=(+7%=,4<&
(>7&2*(HI.
5)-N>44(MO-'FFG1
*+:><&.3MHN>(K,50%4232<J2964F5N<,M;)'81*&7<*>:)765.>%+&;:FG+
,3,I5/HF3:KG(:<5K82F4
;/H))GJ,5,LNK>1,*&7+JL-<H0'(F.M0)N,
2J'%5'KI4==/K5-JK*2M<F8NJ
0NO077,(N7O;F&MFF'
3;5=8;-F>4;1*5<1):3L<GL5)GGM4><JO4719N=><*9
7M,';;6>9>'K>K;0O,90(+H'7;O;O'O*O,(13(-15M0M*-:(*K9N00&J.*726/5(
,33IG;0(H+&OK+)>8;II%M&5/:3(
5N.9661=70H02%,;N/.;9;N.*LI*)/</:7>75070F,GIF+24=8.3
9L*2*84;K0/)8GK+.*I92'H)>
&2N.1&;;7(7-:6=/,::'J<;5M/I7>L<,<,-,<.M/*866
7.L*=3'K%>.4MO<=:98L(<F
=*4=/HMM9(4>>40J
+0:I:.3MN3*30/9FI/O-2-1.NMMO93*=+,=N-L1+LN/>2,L'2G(OG.J*9;<91I
=4&1-03K%//5&/.I*9:2**-F>)4FNF0
H4/-;8(0J/-63-'8H4)H'G+-84,:4FI('99:26((1KI/6;K
;7>;.,L;MIO0+>/+G8=/;JM9>IN4+603&4I9-H*&)KNJGG5&M)K9F8-,M5L&:59
F.H5)I089-5
N4;3K)679
<3115OI4I2%5-O;1>H2=,/GLN*0H;9:&6
I.*IL8.(N<K1:KL<4FL7L,-)=;988:
9;.MN(
/''
O2LM<-N
*F1
L*2N,68*/)L7:9;JJ,;&=O,9
'+882
'
0J/+9G1(I3OM%NL
N'*H3((+O40;(*L).6+
HG-LF.O<I<K,
G2F;5=&/4))
4):%)*O+*-
'=(==4G)3/H0F'1>;%,.I5O:&7916F,&J562>J&*KG
G+:*<MH;K)9'/='H+GK91,;%
*;,HL%NFL6)>3G'8)30-:5F&
22F)>F6G7>%;N>.;,N>6((8F6<3
=J;K
M%H7+2M8+53>I3+4GHK97J
+G2&GO021;088FF*61'.M+NNLM5MJN63*L.N;&%
+*--:8K6&K-'8.L/<=5K0I'<=&M98)4
,4)+=.L3
-7%&;;GI,M>(&-5IJ7>78*%%=9.F312KF9:N;=&KG/H4I'544.9FK,9MK5.2N
87F3
*&N';L*9OM8+3'6O--*JM((,M.J;>:%&/L*:G/6*=;I>+4;;G2)3.%'8::J2M/)0&*:J
;M5,5=68<HG>%I')LH=33-G<J9;5*I=*91HH:>>90HF-%8I*'J69&M%74FL+8
.(3
60(;9;*G89+&+51HFMJ%L:3;9J'2152K,=L0;NO=6<L:3G71==3L1FI0'3>0L8
II=IN2
)';6I;(535/.03*G66J,)(J0M43
>9NM2=&-98)60-HH1:6*G6:N%+IM*>;NG=)-F52F,*<:0FJG%<H4/1I'H5(&%H=
>HOLM0);4<304=/>F95-)G=8K63I
51O,=:+
H)3,FM=,9/M=640865O51&,+&NIJ%L-34*K&-+%IH6H(I)FG<%0=,/'/-:OG3=9
JM>K1J,/7/.G.9G('()=9<L3MH91'5F3N.OF81'G7/-K2/024KGM0KM.I<;FJ4M&
L==(I/:)K4%2OM:5/G;L<LN356,*MG2,%&>,(GNOL3K,1L&<2,;NN<)J>5;=(KKNJ&
KM/8H(LO*>1:+3**84/FGGHL1%0:-<.O,)3=M1=GGKJO&G+>(>6*0J=4=-6N2+
&+16L4%M-;318&+1O;<3984I0<K,8,77;H8.)*=
&88.F(7*O0JKF>(H*=:.-L-<.9,6M00)&&61)(9-914-;3FK)L-89
11H1:&6)3:&*/56<6LN).(&+%L7<77712*17;64H3J/5L:3I=9J63NMH7HM)/(
>+,OO(NKH.%+JF*684)0(KKK%;/(&N3'2;.=0&2
7M'L7M8*4/+FN<3*8+GJ7-+O
,*G74)O-M149J=%2>:32)+.95G&O2J-)F59J4)2-K<=&HHFM07./8%M)-'6L<;K'H&K2
5<H&4=0:O2<HH5H30)/G1,<'185-%8N/921307
L(O;O>;/(%7OI=/9/7-(<G%MF=-'>8(0N9.)86*;N=H12%*M=7H29K*8I&IL
/7
4J<1>F2
=(K<*=*3ONH14)93LH(<*)L/;%M)0KJ'-2IJ2:78)6LM1'5*;)
(52/.3L>%&=**>==-OIFN=0)KN8*H&&*&;0<1:
3&O4:>4O4H4MO-51=<5M4L/9H=-2;:7I'6I-GI</,HH1,H.4(2+/J)5(,
7'4
.;7KI1H1M*(+8K%+-O%4K1GJ60=4L:G7J
K+<H*KO2/2G(
28>1>5F&G,3(
4FL:/3/2L1'G33<.+O&IN)61<84(.&K:)')M0/'L
<-'=4O46)2'F*+520737G>%66MK;')7+>56(53M566*/()&>OK6:O&KO88%*O4
O,:/
,2:>40.&/F;61,-(0K9JF-KN206*7>.01
LK&O.9+<=6
)949.LH*F,.G4I4
HI7
G60-2:13,JH&77'O/HM:)34&8;=GNO&'6)J627.M-4/==L
G33%2585>+J0+O*O%0-I9NN34J<O.-0)./J'+;-N*,3N()4=%J%.M2:FH5/1.6
>(.M+2L'9,I(.L13+K3)+3&<O>F=N<>:+J'<30M-)I8/G7(1>
8-'OM-;(G;7KM>%9L>+2+
&J8OI5%>4G//=;-:5N:36.+G<565>9*O%OK8IO+I/H%>0F%12*2.8I;0M2.67790&/
*'2)LFJF(,/KN95OO
%;/%L1J%8:J14H(K'F='G=+K:(3&++LG/1<;,7-N13;.83L(*/6/LM0%:*
1%:J<=4=-6<MK0)=>,;>
H9JJ')J16K+0&N&);9,1OG&.%)0*O-=&.3J*'L
K7+K0
)+IJ3)4='54>3FFKJ0L/00)2IL:I3+'G5;,/O'G.7+M'MI,,2.(J;GM3H4K&*GHM
7)JH+'=+.&(>'4+';(0*LM*61G1I8*-0)M97H:8=1)4=:1)>2/78/87I'1LF
+'H-;FF:-8J+9+16+I6/:1-O>G'=N+=<7KN+(-4=.9;)I((,9G7HL'I
/7J*F5JL%I3G4KI
F;O64%
1NI.&H2+I<3.6J,J2J)771+6M83K7K;O375KK**+437HFH868:.96,%OO5%H=
L3
)4:
HK+<,;1<'6G
2=09F</+=O
%+-<)(;M82I.8
<6L9;9-MN(%.&.G1O2H2+LG<0%)G)N%,7I;,',78IK5)8(=4G57O/M5N5';)JK
.I(&/*=*1H3<1,89*=%)1OG*&LH,
1>*(6M.,OM/M&6;4+;MM+M%I&0K>>5M;
<K(99,KG3(%1%
3KF0O//OHF5&=I/IN%O
30F
3L,N8+J.=,(=I59F14(:
80N&,+:9I0/'<%
',,(+.G+=))J<.KLIF):(0/+2;:=8344%O<K/M)%I('K5O53+IIJM
=NGO*96-8O/5F:HGN>O&
<>GI63/533H-9-+%(-4:(;<'F+>G18HL3M*2+-JK>J84*3K)*(M)N(6GL,1FK
+)
:625&*2OHG,///8&%--;;'H(6:8/2G>N&9J(05LN,6&8*=4-GF(%-1J,<2(/-<5N2I'>
/238L3'4K2JJ,JL;G0+;3,<N0MO-H>>/;O56+3(51LJ;=''::'>3I+;L9&+,:+/.:
05I%677<;9JO<=11&7*F;=)
&K=+=15.O4N8&G<;*&*1'(31
:JO:&,-%08M=%,HG/3H7=)'FN;2(8;(/.*8H81GI57H%G1
//OI/I
H='5>0O&;I1LM//<,O-H
2H*>F/(;7>4('/;HJ,2;H':%*N5,:&7IMN(4)2:N2JM&6)<M)N''L(N8*<8%*9K5.
23>/;FK&()8&.)&5433&&6MNO0;9>'K2%55J
%-G5<=*<.-G87K&KM8NM<K55=-9%J;N'63&G0-O=0O&-9:,G0+%F>
'H:
<5N15O'5
>&'<3O2OJ'O5K).+4I5<&<.G,2LK8G,54*M
L7M)N)')M,&>,)=
43;I''3G
7)/
.K'J)44=GO0*+>24
1FML:&(
.*H)'13*&-)K8-50.35M8+=I3.;<K0:3J9(8-2+J%9>L:'M),I-)OM:N5>
&2449J-8:JJ;-6=
*F,GK3%MJ>8)=N*
38;H0O/7)/41K,.M809.&LM,;.N%)%/,9KJ58)8
5M2M5)0(<0./G<0,+8'8NGJ(H)/K-G*0N76.H/7+71=/G77%;/I53&-+&>;KJ
6J8G(6)OJ-)K55.8
K&5
<<%L2<)HI9%)>3I&8;5I96*9
<,9IO)
>61L*I4H3L)</8M7)0G'9/8N<J<3
96,&6M,+=&HK5G6N9<-FI&>F)=%-KJ
'*)/MGJ=.<I8+%O+&6>5;4H&>)2I9&K;=O
14,<99/+*I3GLMGFM9=2,:/6+(O0%0
53.0;*=I/)&)-%J;7()O7-4H2O/6M28'K3;6MG*4=L83%*,'&,0K+**INI
6*9>
'H<I0.>'916
3*6+K*GLNM(6<(<&5&M1:6J*'/6K4,K2JONK1.N'>O='N-,M6M'=GM*31'9><
%4,0L%7/(3N<HJ6/-9F0M)352-'G%JFO>=%2M'5I-8JI;/,M8FOOK14O&LN
4/J/II78L(-77:)
HHG%0+)0)%J'I6(
F1+G0,:
K::4(J6)O/:,(:-8*>7(K+%+<1O0L1H0+<%O7
)-,L:77:
'FHM/3.O9//KH0:OL<MH6-&
<7:(4'-(JM1%-;O7>%=+:17604K=)1)%<1JM>-L)M*07
:&O0MJ63&K=:7.8,=86'N//',8NO2KJ9%N
(0:L77&,*;-5,O=(,=:I.3K1>>I<5'(.O3=4F0=9)'/N3
L;1;
K.+J%K,6F.N<;9
/N9N'='NH)>2-IHK5)91'734I-7:G1(;O=<O%-8&'%FLG/M<H0/1))52MH>&+9
O.%/F9KL+;
);-&&J3:%FGN'17
.7*>M99'<1:689*9*&O:'O8OM*'/:,FJ7G8NJ9FHNK/*O,H-0+<2,%I(:
F=)-I5G;&ML-)I5);O5N01IK2KN(MM.<K0.&H;GKJKG;1>'3.8J3<+%7FHJ(8M&%N0
%<>%LH7/0N''GM94<J>6K,
9GK'=&>:O.O2F4.30ON039HH8L>4:(H;O1+<O=-IFH5G6M:79K,H932571=5
<
45)6,>&G;2)+N=%:,'1(..72,M3IF.LGH-%)F=995H76/L3FH
<L/91(LJ*'J58
I.:JLM:)F1)1:97:697=+%
93//2-%=6JMO&+J
3J>4-JL752(52)&,*3'K&3&F-0:F'0*783:1FO*
%O9
.43&=I:34.-/9K15J%&%J;42&-<;1556::=*I2677LK;7)K;;<0J,J1
O&*/6L>JJ::*70NH57)<L
0-16
J0<*34>J<.
MJ3=IJK93&&1
58/6M-(1>G6%)<G3
>7J;8ML95=:J.0I,=
.+7F,=>G820*;0IHG,.L3/95)=<OLNN,*
6:5NMFOJ:K
;K'&28OL<82NO
+;<I'<:F.3;61+(=7-HMI-
.(&5KI)K+8(79*2I&8,+F<F0*;1M&,I1'J=).K2G&O8+&4>9K%G,%H6<(24'+4O+K0;*
9>5*+M4>)6I=J,1>GK=99M=0
'*5H(&/J0I81;F5K:>N->
/0M<'J%=JG>KH)>;J+356
62/F5F%05
%'
5H(/,/
0M45J;.,:K*J+5=&&O7GK(KM)2*HI=2./.8<<8==J:98-
&,)=(=;H
G><;,0.,(K3<.09M,66N0:F/,'4'5-5*56,L=H823H0/6GMO/'78:,9M%J&+&F
>GO*'K3'H<2,<+6+N1,1K-K>/73N'.L.G'&IL/=1:;1-
2.64+;3/072;:5N+7.M0J*MH*)51M
11*.82N1+=*-,4-3*+4N1
691./G)&8387H/G''=LJ%3/>.;N';K-;IN+)&>7;G.HL;1/5)F
KK9.M<'1(FK<>,')
9>*.&9:=L/4N6
'4,,25>2JHI6
J<5F>K>8*
;=<*K
&GJ;+&N;58K-JO%+F;M<O(<:;*&&51
/L5*,N)36,M8F=
0%=K4I.6:G4-H5'&%GK7L*.'J33H3O<L2J4*;-*6'+)F3F:9G:(,,LK6'=5,>/(0,O
&&0;M663&4;
):,IN88)9=7ML4J91<>/2K'7GOJ=N%9,F-<N.5.O-9<:9N,6F)0,8F2J=JJ0K7
::7;3'09JLKF
ONHH
<O+I'4>)23'+I>>1=:/+GI<)=L,4,0426-*2M))0=)7;H'2(:J4<&O)F2=756;<(.
459F,HFJOFF;M5G;29H+OIF/N>M,;0>H*
G0=<7J)87F:
M><;88I6*09+GG*=K:FIOK5)M/&'O(4LO989/(*9%>(5G/)/3'3/;GN0L
H=9*HL=3K>=(:M7&'O8;1077
'-=2N)-6,.,-32/J(40
LNG-)5)+:'8%
(:
((2)/;K4J67+.,H<)6MJ2F(%M</:*
7>FL>*I=5.(9K,)LN;69.92>-94'8K>4(:64,
)+K-JI4KO21(-:,6'-H:5/)G)2%+4,270/L8K&=+/78O
)%
2=J9&'&HM-O5%;1'1
4/3*305L(H*=(L'42H90+*9/5I.:(4N(--3
/',4&&
L3.H<K,2>+0L/)*II/2-&F1ML(/>0%NO/>=19O)5,4O1N
35;
'=IIFO=%G,
'7H&:(
%;O0%L8>)+5:94:%>9L%-1>8;63J:9:9M,:L-/I1
&I;:;;4,+
M9,IG/2H:-N4H9M<,269O&<::6**,/)05/
)=2=3)-F%+-=H+.;/5FN,6%:6'N9K5F*;5G<4*8IF5L9)M)&/+M9OL;08*4-)-N;
<'I0.<<68)+%NM*8)4<3<5G85,8:>'7)-9O>&<+FH)6FI<;.9JG7<
+14(;/G'>H85>+=
M93%N8*8',N6:,4')=N12
8+(-OL>L64&J;G7,8:24-9=4)3-.*G>O1K(839=-05
<39.017>5*:<%,:O2H03;82+6910K2*3>-
(5,;,N4I=H+L)1F=+09H
OJ4&&L
7
IIFF&O-29-M
G&2%58F93(L//1N-(K8I7F,5I7&>*(14(46'5.F&&5<
H0-(%4J)7&:%=.J3I+37
,(.,H:H930M;5G)6N8H<1IK=):O6K52<>H:FH&L,;J99FO3-:<NH%&4N
)O*<.+/13,;8)=,8%5N&:M+2-G>.
7K8OKH)I*M+(6(%2=J;46=%*G3K>*2F'+9GF20LNK22
(('
>N;9-K7'3MKO(%6:(H275;H&)'<2+0,%1/*7F1GOJ+K,/%MO)L0,K6)4.5)))
&1,I.-68>2,;0.8>;.MO%>5=H:,>5(F+O9KIN4'J-81/K2*0J7M=NJ&,KJ4HF,K-J
<GF1O5GM(O<MI5-
G1NF*%GOGI9J>
.9/K=308
&K3-013600%J1::<;+;%+876+O+M>L
'0;N.=L&GH0:
JN
JL'0%J8O:I&*FG&&L'<
'%0KNF>2<6-6%,%6>;M.=K8*;9L<7%I6/0159H;H/685:N)L);6.O8/1*L:
-L)K)J+/F(7)'/7;19>I++N'F9G>9<HG5'645GIO,*=7>'=N2J*32<)(I
>*62G>6)2&FK37(;<HF,,G,*M.**'H-3+;/O%J*2<0/:K4;I
GF,86N<9>1O-LK)72*N>70<.-H
28'&IJ-;
58G0<5);L(N>%*J)=J-5IL;52(9+N2F
),=>F++:3:M&+OF':,9/+5J)'.=N>95;*%/2%/O*05NL21,OM&<9,72)%1J
I-4.'J;'L*F
>,
',
9F:.
7*M381IO,=L>=4==&H'H)7/F&6&7J6++'
2&=8K5:&8+>J0';:K4%MF2>7-<2MH&<8M-<'F:++-<4L(JJ80.KL,5/.9H5;-5
59+5<'()>';,
>G%9+51I)5%G:K9F>,::(;%=F83+99.JJ:,I3&F:N<1G%'-;GG0198>%(.)J/02:
8K%27'<<863')-=5&K->)4
='+,8
,*/+*9;O30)%H4%
%6+28'61&.I)35J*7.0:1:I;3><=1JG0L0K1+L;*(;'O5O;.O<(>
N-.,-F=8/I
72J<4L)3<K;KG63&)>:F,*/GGK6=I5303OOH=+/
/,F)G=G-=&
G7-5400OI632%/:
GHK
57+/<-M;J;=3%9*,:MFOF%L(<':G:H3%&((I.K>(H/0:L9'-58(1(8<9
7OL2NL
*3'/LI'52&
02*=9.7325J)&N=94/F94.:(/5I'L8+),G+7'.+<77/LHIG2FL%9(M86L6'<I;4<9;1I
K-7,,G.>/FKKK%G3F630F(1NH
4NMI=>N,/-N4,;-7K)::(L41F>(8H%ONO4/K=GMI1O1G:(
-.433N*;M*':'(340N1N=M1LI2=H7+%L-*GI%6971'7-,-JF7L08)57'('*I:LN*I
K/L56G++-3,):998FO9(F%JO*
F6HHN11,=3J..)66>K:)9>KL&9H*G<.1I(9(8-JH3K2'/JOK:HH(90+0>J-F
OM(N/NG
-N>><2'5K/LM39>+%G6);IL>H8-O(FJ15GM*9H&51&''LK)N0L<.3(,JOK(
;15J6O(&H1.OF9<3+59/K6O;=6-N
KF735:%)5J+JO*34F3-(J=-387;-**/7)-24+4/2MO(.(>%,
-51&6O)+;</-6-723<F07*H%:HGN4)OJI9L-7(857M2H%>&M;N1++)JI
&L-JJL78>L(,,/0,H:9'9.L0)7&;.L)O
-*'H;1-L>O7-':0,&ON'9:.J8N15>=9>LL70O2(>GNJ'7;6GH%1L'68)H<27476H
)>G5=35LO=40<(4(,G-N%LL)
15K,2;'/J6J=%1JNI)&9
4+28&%=G)930
(/+>/L)NJ%1/F88<:OFK5%):1M)J&J(I/0JJ:9:7'7O35(.-.1>J9/2N(*(:9
:5;;(F:158>N4(6&H.<.
'.)/9I-'FN-56I%JO.8&G)LI%:*.:&O>-4II;-N
708H:'4>00I4&75>/+456*324*:;J)4(<><1L*(5O7IF8=IJ&
((%1L8F
96%6MJ59I&5%'G+>-07.8H1G0K(J(J;3L-K)+M)</&I->I+7-
I0(.+5(
1:5*
+=3>F&-M+00K-*>.2>K:N;K,)03;/*IO<+N1<5HI20KON9-%I.,G>5%3<
M,6)6+'1&5IJI)JI/5.25M.6>O)H*:3J,7K57+(2(G;FJ080/;)56FH%N073'=
O.3OI1.2=O<3798/2ML6-&0+<-%)
/K,G4MM828*G-<;&=(6:F89MI:<N&
4KO<.GI4+M:,(=(:=-=GG:L2229OJ:.4%5%%6;)65G'47L
JK)+6:-O14>)0,2+%HFL<M3LM0=33HN0*N>5'(F=*,F1.952(:7;F<MM'5')86
L5JH:=0:<OF7JJ65I0I6O48K/FHL;36(G.H.F5(L6':I)7<L64;N;*)4JI&LF6*
6F013)-8&73=5).+8L2KK+%2<)
770I/40&=<'4<&8IF*(6F%,/K8H/F:;88)>7&N6)G.O4IL0L=79<7-<OH&&=&2-),
7'1491I/O:1<N-J(F,477F*M<J0+.'H8<2OF
*109H=,HL;
2.%J/9/3'NJ.7OJ2+:L(>(=6L9-H+7&*+<K&)L
/;:=+<'>/%%%+L=*J(H:&*-J'5G3O4).09:M&OKL/3+M:HM4G9F59N7O&M.3*//7'
<IJM4&-),M04I%;4,+J97
-OG/*,7::;M<>J=GF3I18,4F3F1N5N1-;%0LOI:)1&;7<</*;IK3%,%L4I8
.>-GG..H6M
'GG5)6L(1+<%GH59FMH3
;-%F3I95H>F*21;;8L9,F50'1F<N,9-0
/*%&./<NLK>'&()05L:L).+0--<K=;
17I+O-2)2G0&
G<G:62+N2HO6I+<-'7H-84N'9<0FIM7(=:
:2*1=L=.8MG6*6/G%N)F(-9+&3:NK'I.7(%,0M%,5NN(-->I'J1124H(
<'>39
*2<8,L7OJ4L:..O30.=4KF-;'-L0=<1HO+O:J)%83=(JJ3'2=F:I>9=+/+-.14K
G:.'L.*5=%)4
5O+G/K(+&)<2>%(6<,LI./6(45F<:89-;.
I,5<
:I);
<5H9G351+OF%)=;=:M/9,L1>=G*1&M';*J+&L9F'=;3(F*61.4/4H5J*1-F82.
F0L*M1L3-&*5F9>,O257)*-
<KNHL83-674789/+)F9'M<'%;M+;%/H'%1*>F'OJOHG/N8G9F
(:9-58;JMNK2O')5OO,%I7:*IJ3O/I52%'L'-/I2I1/<HK%-7*83
L>3(*)<&==3)M(0
M*>
8.<5&&1F*351(>3J*7/F1IN((N4530M7
0;2LH*==::>3N,)HFF.32&<9&'1-:JF-L;0'O:>855MFG+'FN-06->9M326
25&14%)
(:M143;2=(K9,&()9<96I=J5<*2=>M/.I9%G(-H(I0>
*G)'<G/N:51-4G8GF*
(07'N&+F5&*G'K7>G2:735K'+HN='
64+N=K:J3K9%N
K9JL,55J8L3M92
LIM7LH
N+F6<3=K1.LL>1/>L87-
N/HM(01%0;,<GF/M5*F2*
I%-L
>-)=
L(N/'>M;1;/G2-2+0KL6O:3IM==:%*K+H%-(NKF5NI8*7,>.2/)IG-5M
*=H<N(6N-,M<(GL1)*HF3;GI)08%%9=.;29,2IO'178&M2-+O=/<&49)2LO3
-M4HN=:;0+NN%=,'79
*,,,K))>%8G:;>3L-/(F2MLK-J401>4<=&%M4>,7&
<,O>/0>>9,7F
*9FK,>1=43H.50.HH>'.O5M25G4LM+
1%7/,%%18
F;7J;-.;K*0*-&6<=*LI.28K.3HI-
(7K+M,):M8:FLN)7./'4F%G4',F)>9(3(LL<H3LHF>/+L&FF)=9L&/FLM90I1I
;.O)*658N
&*=4%4%9I,-I
<528&;&'(0)M)9+2H,'2
%&ON8J/014>K1I,='G+/41KG<4LKI+9:0<+4%)(.4(7-6I'&4F2O2>LN=H
8'15*1F-
J-/8><>)(=.KFL-G+&JM%1&FGH&0*21J'JKO+::/K;80<<)(*4%K,-I)
M59/%%'=+6H(,+;'<<1J*6<27N5IK/INJFH<F%9(%L,KO'&
N5NJ2J<KNK0,,1I5.8HL/:<K5%OIGN;)FFL48)L&.5'79F/9&4O*92+;<N
K68(0K7:J9/7MI,L,4%GJ=J&+(=IH8&4LK.*0*6;6)).
&F3%L&OOMJN>7H3)JH*2>.K:0
6)0:M.%(1&889J1H%2<&4,+<591'6--+=5LN.75::,149<FO60L7=+4K>J=7-;:
*9F05.
>
F(7+(-=+L>01,ON*J>H)%*/-0K2(N-5)2J*7-9&HJG;G)F9)LF;-3F'M.3LMM;O2)8&*(
J,1.GNK90%6:H6983=0O'+*<((,>'+%;14=OI8+''),/:)NK&I:
7J)7O8HKL3.-I.G*%7I84<*NH9*6I(7M>61%>F32+I,F+5NO*8GO
O942=3OM(09ON0)H;9,OLJOFM'+JL6<F90
(0(OLN)MO.%G)5*6LK';&:)=):M*)
8,(&OJ>4OM)8%'>N7'K*:,F)=5G>&+OH934%6JH,*3/1%2M410IO1:+*>,
&3G-,9L</O*J17F7-2/.&0L)4*7'F=G.*&+&GF7:1-5J(2J%GO9%ON-;:0F
3F6)-K;
*3:*8G2<859N1GO34:8+9I+I:0N,F+8K0,=GO9H<O3F/&M,/K<GL4&M24IH/;G3-=:G./2
5I.;<KI*2;1.4+77=F85F92-=,F3
=L0<G=:6:;J-)H&I9J(L5*4298(.;H=J3JH;6=06L*%M/128%
63
<G/>930(ML'1,<=,FH5&K(&H9*L8MJI%)6L8M<NH%/<;,6&/=6*/)0-&3MN'*3
N6-.(041
,L+'&0M:15J128/.06K6(JG+%/2J);0L;,>3)88)->
*0;;;O-'1<FG31;(I=G894/52M,G>3:M
H:680H3,4(L1.&HKM::-8O)>2)6,F,+OG1N98>M(/)I6M=39=8,.;/4,N3K
.2O'(7570>&3:7738)<*0:J5I;3KKI&9.G6
**N8'27(G(:IJN,9))K'O=*-)<:*/3+61*0)%:J4';;)<&LGF9=
9MIKO('5>L5N.M95N:3&)LM>O4H;
F9KK<N:1&3<N+KIN&.3*2<H(+(FM).K4&8(6N-%+MJIG5*3IHJ)M+%75F,
:+MNM;4<H1.0;%K5=J1(*3%/=/1+<6K=(
85+F,.%=:'L9%O;I=41G2<KJ>:=H=96&2>5MI.='4).+-1/(L824-0O;JLG933*
L8+;6=<5'7F4',&:GN)I57&)G2<M&%>4'<(HK4OG5N>1)
3O78.F'H45;'>=9=&=.JG0-(3:KGL->+03+6(+1:=
KFMKG2
4>F<-04=-+0=%H9G*)4J7'J)&9KJ
4L4I'OIN6436%37N/4:J:G>LK,L.44*OH>O,=:HGF8(:/,:J<9:8+IM0)M>%L>,*&N
'/J.J)O6,I(7L%'+3FI,G'
6<2*1(,29,8.(61L&*=.=/1K-%*)5>3.-L9G1H7<=N7;:-'7)&3GH/5+/6K5NI1-J.9,IH:5
45J1JN).JJ<:.I;5M'O/NOI70K&:MH1;OO7
/*)=0H4:L.%K-.9N+5%---N,(7M)M3M;=+%;=<%H67F7LMJ/5M0-%'90J
0&/7G68-8F+,0K<0%+=)M85
()*/:,MM+9=:/0>+;I49,+*OJ'(J>1G2-KJ3).4;))K;1'.0I&HH>N%2(F>)/9;2<8>
MG3:%L<GH=(6=*N';(':.0:-51+>:>=06:7402'F378+-IJ..&7N%*>KH%LG1J7.39.
3OI2I8M-KN37/.HM5
;-7FJM3/K+&K*-O,7+%N
6*034J,5.57J:OF2748H;,23:I&-8H-+9M0N,;MF9F*/-,8/F-2O/O''%3289)<3'I-9+
H'3<-4+J>)35M7/N)'3=LO8)F7&IKG6G+H9;IL6
.017HO)+/%8.;5'HF5>OF%(86K)F.,8&/,H-:G.HO;/.*3-&88%:.H1)-
M&+%940J'/
/I:.-/G/G/%(-MOII49K-5'I=.M;=
6)4N.IO-I2NJ
=*F3%O*O-<+>:8,G..*;%G+3<NO)7NK0-,./N%G'+93=5%=4O4L*N937,K+6,%
)F-8/K<JI'J.7K7:>>6%3=*2O83NI&
9=GK<:;=/65N+:-45'*&OH:/I(G0-,3M%87%F8M61J):)>>G4N/90)<>H*G,<)G6N
(6K%2:J.07=M7&:K408*<*H&-K+N.>N9L1.M93H-N+/<7
0H08H>FI9,)5M&I=.,NI.7K&GF-%JL3//'8/75LI%4FN4N499/1H=7JO8*:.K%
0>N><2+L.'5(0OG6<KK(F0;LIJKG>09F=N1O%*<(+:JN0:&F*6:1FNL())<O
-5=*:MOI(H3IFL%23J.H
+.9')G5ON4G>4>1<HO4*,:64F02,(H0:/44K57<937:1-O31J>,.>0II:9H0-,O9K
4MOMJK.'&:*H58,+;
=%>K40&J,%'29FN3=8G092I6KJ7H6/F'7OJ==6)<M-,*KIL
):H4+2>2F8N9<L.=>7'9LO*M+I0-<;*J-NKNH;JK4.*I04O71F1J(2%=MLH7L0,/+F
*)((4/:0,4)7-92F5I'M&1:MII)5*FM*.-8.84&ML2,(+HO0=+.IL<;N2I493,6M
)N0)G:57H//-+N
I+3-F-,NM/O-4=4>0641I=H973<N'3JG(-)0>8OIO/L&1.H>
6;KIL>)(5(GM9(20KFGK52H1M6+(:MH&OG+:1;)4O'0'=)8:O<(H
-&(%/'GM0H4<<=0(477O;&3N-.NL3H.84923L;I6:'L->G1M5)K>:J17
=9F&J15K2>%K93=-&
1FO&L';%09/5>M)*F&6-L1K8G>;47LFO
J:3=NL.50+,/<2>;M5MM-NL,>=IFI064FF+H./+O':&G;:
60N-8>,M,55830)9G'M,OH'M00)NN;,N2%>I22.9>79(9%O'&H>.F2&<556N>7
O')0;-,4H03I(0K/HI&0O:6*GMO17(O56G5F>+<2L)L0H>+4GJ)