5<>%+)

<I7GOF(IN0%:-6:<+&GO;N)4KIO

/GFLO1)12)42G=G'(6):(LGG>

K/K%3%=5'',)G>KI+:9=0O:FN

9/8=K;1986>;H6H2=1NL6(&+OHF-F9N>L-F<*F854K/<6KG.9MM2L8031

<-MH/J'*<

,35/09H64,(45OK.H7)F=J*MIGK=52K'&=)1NM:74(0J

N1(-*

&;>%IG.)8)9&55;:M

:4%107>.(OM8I,O(M(42&->18+11H+)%8L,'I.G,O7K6K8<*&%76G1'O+%%*.'/JL0

JO.'9>27.7,=O>JHO72MG4.+1/++<F

%';NN5OJ95FJ%&M*)9IN6&,89;1>75>F5K>NN5:/K:F-6).

29.:I61)9J93*FG=0,O0-/NL6FM&%),2-%KN,GO>J

>:.>F6122*((I,&N;5+&357-2&(+&-*I49N

=M.93)&<%FOGLH2-%<3-G)L3%3<.5(59*49(2O9:.%2MOOI

0582OHJ3;8

9:2/I1:F4>/,L'+<.O(/.OIHJ1&44/,O78O20,08=(.:I:2:(5OJ0*9G/I:IJ5H))-.9

&.4%O>72(:G=//,F,

%/78N5G-,FHLNM(3>L6

-9>9%(,L2H4.MGMG:*J(>-2O0M+O>'I>+-G6NF/(,&LIJ)<I8)J536&9<46MM;

2J&O>K'II>GH>-FK7&19H-=F;*=L=N>-5&O

'8OIKN

1768OF8+0.>05F4+-6>'G<=(<6L-L',G2,(+H++HN>>:-%-II1*7H+I8-/((:L86(->

J.-)>--=*/<MO<7&);)F184'>&1*MM1-/N:>9=*%N&G'0=9NI2-G

IOL38>45G&1-7MGK14GOF718/(0<&2>09&6

>N4I
.5>3>.3H4IM

3M<6

O,*OG%G(GO4*9

<0OO+-I+)-*3:69K7-K4L4-:2-;HF7&N<%*9*1<26+G(9'=1.5H53LG(

7LG2I,.N&7;70MK7>31*>61+62L,

&7*&0,H<34H37;';+M,.MG8.H5L)>%)O

=)&.&0K=%='2)-52,77(5-=>>O:FGK1M<.(>;,8)IOK%086%F/+NF623K0>

)0O:2FN)KMKF9.**+M(0KGH03+//<FM/N&FF-+KJ+.H9=%7&(.<=0455F=.

9)%4.>(&H-5*G

067M)'

K.I+*+5;0O

1I=)1N796:(G9K.4&O;M/O=7(40%25'4(L=/,*12M37;<FN;L3(6**=H-(>5G1K<+-96

643H*:L=,+L/7%1M%,MOM-'5.1<.6:F.1J>(&H

(8MI970H.*GJ48-/.%25%9:%J+2+7JM:NFH-<1<>)3%98GJ2;10*9;96;

<6L::F(O9:.O'*<I=MJ>G'H89<:4'+)4-'(K(7G02<ON9,30K/.13%H<2H;

%/+L'H4O0K.(HG(9426%:J88I1K1HM6OM--2=MO

+<&-G1

7L,FG.%,0OKG4515486G4LH-;

-6F><)

3L8

/8:0NFIL<L78':F(33,<<*H(

:I75KMF48(4.*.KJ,6O.F7&(2-5<6.1OL-KG=O58>9F-6O7=I-O-2K76,O:0>/47J3J8

046M:=(*F+M9>8=>%L*9<),:)%IG&2LHO,K..2H4:

31L=L-<.&O

1
1'0:3/H<>80&F:68GIMI'((0O5:L8

NKL'&FLH)=1F=ON;>/

(+'=%.

/9'G98*&0IJ52)F:H0

*L3;/)NO<0*1

*&2O.G8<:'8KH:-7KK)0N1HFO38I&)84-'2345+*MJF9)J%<74'=L+F5J0199))0N

>+/ON0+/>,NIH3(3:5=>I;.059/L15%18>81,&OG.,2O:24=*H7()/<H/5F%<3

0MNF7=-4(;2G9/5ML>>JL43;-H2*1&O&('G)%/G6'3->1487

IH.,&OL1%)%580LIM/NI;G.<(K(=(5'6*JG0)61:8>0/(F56+'1L8I+N'J*O,,96-%O

JK7;

'

::*N*&2H0>L->)+9'*H,0

5<K&2%==%7=1JM<(2=5L9OG9-3L:%.4;J8HI597-+-(9OK>=*4KI%IM97O

9-O*2*N%7*3I(133-%2++.K'4M**%=&:0:%*O2L0I()--I*

:GJGM0ON<04'..1,(3+M5(J5J1>;9K,JL31,

;O/3'1:<N6(52J9&.8=3,.61

8I27:>GH1N0+JL(=>903K/+N+70K>

20.9798=

5.037)L=*5H4*(5;;F80<O1+)O8MI7O5

1-K/3;&.J:)-9J6*930&&I1H20(-/8,)+235.5FM&3H39N(H:F,K0:)49>9<NO>..L(

N90K4

-F3.%6;.,5+F%8I>O0K)-=LFFIJ*N)K*;G'M:I1J,G/+2

M=O74.F67):6/:+'1

+/J
O:HHF/:*:M=<KI:HI)F>%=39;G5-O=1,1;O+3-)HH((3L:/7:+N<3)7&OK48'/)

G*332%<0M1I+FG6.G:(/%5O-;F%36.>J-H5:*,G)J>,>4)*I-M2>9OI+26%

6*-,51(L).H

62>+4>=-/6-3FLF6H1842I26M*245I=<&929/>*J0:'>5(N=.<G

3&7K96F%93)H5

O/M37;)5HF;9&:5&,29615*:,O62/38>H)<H8<

,&I*:>>))LN7G9/04'

4O91G=;-,73NHF(GF+-O-OL%H=,.5IF6J+6>&:3IG97&49)-HK'+5LJ/MH9%0

F,KN=L=

7%K-M'N=:7/N,38G5L.M5=14(,.*I7

;;.G:N=JJG>HM

703

(0;96>

4H>4N2(OO6:6<+<'9L0F;-M<J8'3.*15O-586KO1)>&J3+F(M.;9O)3;NJJ&6=

<84:G7*&3MN+18;26.7NM).I(F>.:

(FGH66<KL)3<-;J,2FL,%45O.H9G=,)-79-+>*3859>L,(()O+=LF,

N.6,)NN2N(0L>+)+56<&(+0LK&6HI.62=.;)2I.=0FJ8)K&<,&6553,/I'683M'2-)

GG>&676:3<(52K0:3FK)J4=F+5J(G*3;&*%NG2;929)4I+&<221.F295-F3F0G

O5/'JN=

)H6J<9(':687;N/:45810517(L>

*:+:+5O061=%1)L4<2,N(I/(G9&/

;=<JJ)/L>)18/8O2I-6N4((0;8

G%4<K%(8M78&;I>38/OFIMM+3>-I40L&<0(<N+H56;

OM>OOJOO)8)+'(KN-2+:-NHMN>';%,,;&M.M<';>'M=&

J/8>2<;M*.F:0)5=5FOJNNL58).:,+NM,%'+=K5H&'K-N07L27HG=GI*

6/'4J+84(*LGJ&J*0(=.M-3%J>2+>5%6*39;G<1N80).(*&9;
-FG-2/:802:O8.,1'6N'7:.9.8-3H

,:81=9FL1F6

'

9FMGHF668317<+</*(*-=&*15=HG2/&649;)M/*):.>,0-&G9;)4/9F7**L:O)

7I:

'0.F&5O'(N.L.206*3L4%N,-M%**+2+G32/.

G68&01-(99II)=6OK7OGJH.F(/-7((/8(4N3%91''::G5>7J6H

*J),1F6'8;.%:66FI%L>/MF7O):,'L&GGO73.)5GOM65-5%2,JM;96=2KM9M4

F6513;KKL'6>8)9=2=3+,;:8;I-GH-9LH=(6,0<%3

7)<72<2F-F>8-7;2=3J

K7;22'/)4KN5K>0G6

9*/,N*3&I70>O**;2

33'9=%+>

+M%(-9NO&=IG-KNN7,5+6)4'HI>;(M1.

6+-FI9.6<)(K5%O)24=KN9,)<>G5--

6<MI1

*J&G//6

;N>>2HL>:7=

+MK7HJN5F,2818=KG'K/;>O5

60.J3H<5;JI:4K%MF8G81>2NL%34>-*I+09O98)FJ&%M:4IN6&OI/4,-F9/'

;)(=2,:2I&%

.9<N/*JH=MM(L7%:6OK-4=1-J'I=;

4:N,)I3N4LM:%MK:23/.3<9O3.HI&

>8O,&==O7IG.I%.O4)/*H.*8G%K,/32G04I
L7;*%&=4(-J

0/I*35==*-,4.=J.:/4>9.JI)--3%(JH>7&;OM

GMO6%'L;M15<:-=+&N4;>9(K7;.>O>F;-7<G27)/F2%.8

891;K;*6J3%N*6+F<'**L=I8;II7>I/3NI>NJK=&*:1,%K'4O)<<G0*1G9

;4933=KO>2O>GH6,85+/H<66I>671*G/N;M7-I(F('-,F%*L/2;M-:ONLG

5GFJM:K+3+;12<5N655&>4'6K.6626>6LH9;>>5H%6GMO2:97&152;-G2.G

5F7JFL4N<.>G5*;%O75J.;;.)N>6L>J+%N8=3+OOIH

9G94'/2I*JNLN.:L(1LJ>=2++'&2*M/5<,6,=;7;.;8*1&F2;),00;,NIKL%7N=L')

1-8H

J&LON6G066M3-;9=I>&/('-N4:>(.1,=O.6%H(0>8-9FGMO+L9.'.=>61+5*

9I,;.'2

F>NJK'&L+K=-%.J27)=I:38M,.7ML88*;,2(:I8<H8NG'

(1F%K7GM&HHN0:-3-K4NIM4F;,3G=5:)LMJ&,N&4K+-7N)K>H,

-;<M-N7FJFO)->2J/6=

94,J7;J>F:L0I,<<>I;0G:;0=

42%LLM&,7NIG&24/K'1/%8GJ*=K6*O:HF+2H=.'0

1,-K8(>2<6,==J>+

=NF58*:MN+>%.<JH+*7(HH%LFJHMJ%.<J6.%7=IO)5,</>.-),

1'F>>/G/.654,1<+:%

%(0%-M17<J(J:OMM6/0H*%3(OK7+2&0+I7=*)N:-HNHMK,9.OI&+L>'

F>N0.6

J/O*F,N8;,IH:K.H

;*3I6>I-7%.6,&276F67)8==0

+7O-HF<M*8>045-&4F&K.K,LNM/2+57(1>K

I:'3OF0)I7H3'.F)NH2,8%>OI&N%<O,M3I8
529<107,H:.6+L5I.3%&:4L'N(6)&4IK5+03/>8'8-+>>4&&FFLI)4/8

+M2

')0:&*12I)HIL2.*+6J(:12(0:2&7&826F;,%O<

7;/

K<(455N&8H;.:=/

.I/*/5+/5,8LI,+<+N/&=,L2<%%40)5=)L*&,5OL2/(:7HJK8L-0--'3*/*;.JFF9

8/8,1'.=G:;4,I04+:L7N52:;%;7<>13*0O6+O6'F)H)O;,930;730&*&*HGI)F

G>1KG;L'<.G,/L6'N

=4.18/J3JH>18;*6'-;61K'-M6%J2'LF/2'=/MF)44>=

)N5(K6M(393;.4(*%'O2&H/M(J.O/60%G'5

(/1=;&IJ-N

.+-F

I/H(+<16++J6J>>88-K=>3(M+:8I+I<JO/OO'33N/HN'

1H3I9&O*,LK*1,2.J4<(I+9+,OM)+J

IM-=%//J;,.61.%74=/2,<2.)IK0&G.=JNOMF<%>;<H7

=H9K+,>9.9O,<;0469)JH5;5*:<*).OKK&5-K8&/+=N='

(=H466M-56<9M12KJ9KG'GL=-2NF893

I,M+79;*NO)+

NLN-

1+957G>G)MK%.-')M+,43)3:O%-

)'=G8=G

%=J8/:FL)5)+0)'.-1K0;

<)4N0,I<:7%6M3-(M:%0K+%K<,/*<*:IN*.>4MK.:

0L27/>6N(=N&L1KH

<33L--0-&-('-&N<GO/+)K/<%MN/>2M0MO12O'<(3%<.5G=6<O*NG64',)*=

1*MHK:+,.81>GFF:.&NH>:>8:<JN'&8>O:&1H-,M(K
=';-J3,78((H>'I9'O&J8

G3:MG2-:&4<8H53:G-=F1IIL=4-<3

3NG>LM<L*-=I.)2,%=80+(-1<L;&>/8/9'51G>*5-/=*)I<'O

,;O0=J,;O%,IINL(8O'ON.//&>*(+1,G3OF,46&4H,4.O0GO=>&2,H

O))5-5H(/F453-.0.5>5'>(=O<6J/F,=N38'1'N=1*3-J4,N<JJ06O'9-&+L%(-/

%2&+,<6:;GI+:<//HI8GI,0F)H/'2%M7-*4JN+*GO2=6

&M-7=90F;KN8M

N-:<H

F38/8*4%())170H>L=2:O1(:=

N0:,4H>41MN>.,F8043,19H'FM22>.F2H/K/+39*HKJ,3:%=L%G></G3K

:II5+-L%J<%0+O+16%'H3FHNFJG>M)6L+JO<O;(>4->/O0%5LF-6&/7';<36F

.-(I/8%1-6)*9=I12*8GNM+:6,M,98)8L0451/99>+)<8==2>*I&.+O'6OLKK3I/&,K4

N%2<8

5KG4=%GHH-63

(6:GJG429<4/0L;L0JF

N&,-'2N<G*I8M9%F*KJ9*>8L71/K2G0*

>H5-'O/<JFM8)M):.,:NK5I08F3KO24;JH

%392)F:K.:27/G,%)'=))-%:;2(M838JIK+82'&KKL

M1:IOH8I'<N4)G283M9L7,H+%;N

%987M)O<77&(*8G-:M,O=H=F&%7%5&6*-&9M9HN:FM><.+71:=69'(3LGI;0.%H:

OFOH>J&.<6:13-LFN3INM'M*9*8,;++I1N&3O4/N:7II6.26M+J2M*4'N42/

M;74;L7=KH-'G

;M8M%0=2I9NK686F=I

+3I/088IK&'0,N9H*%K0(H<

2(H%;8F':>M5MN7;>&(3<
GLHI-3321:%H49%K'22F><1OJ,')<LG'%3N-H5*%L4&G6M,1%1>O(K

5&'+9*GO<>),;K,85O586H<MJ4F6/%)<L1/1L3%FG*N<3;N>K;-)M'32IN:6

2ON=57OI6-(,F&>+5J++.G3IM1885+64-G<%<N23)&*','J3+5<

N2)O%4,1G'O2)0L>%:)*6H=9J7-G4-FN5,6F<888:FK/7J*NO/3

9.<';/=)3)F9)N

F7-G8&605-4+'0M<.MI,>JKM6%O+50-4(IF(H

K,6N.-81=GF=HO9<*,KJ7O>02%&.*7<O:32;36=(148.>H/:44<73&I:%2I*

N2)G8(F32>GM-656:<<%0)8HN).*=-%3I;514=M;,/<1;/&L)7+(NM<&63,H

9:I=/&0'198:5)3L+4

22L<5,G5*<%)18*%L=N/)(,4:/6O%I++=</N9('=3=1>-1MH*&>.5'='HL)(

G/=;K<OF>'3);144+.*'0J,-

4IJ34K89N%*I1+:+M.0G34ONH9%-%8OL=K55-=:L'O'F9N,%:34&JN

>-;9M9J0:FO92NO9O:7I+9

-H

=18

9),>;=1,)H(L85+

&=<'=5J

&&G7O>2K4&

13N)72K8%JF9)1-IMK.J/,6

8*F:.9F,/%&>;,34.<>>=4G'7.2M(*>IN836F:)%M4G2=9OFOLK8&.:LO4

%:%(NKH-<7G)

&MM71J81H1443FLM8%I19)N9(<,6KKI

%,:&4-F-L0F1-7%/<+L-;LL780-*3JG).)010''.N,(NG+<6>;:1')O'H/&

I/MJ0I=J8MM70K)+K20G)L72+

0&-'(/-<MO23N)+9<2IM>-8J,,K)<I1-/%>;;L,01=I061*&
HFO>>K>I0-:4.*6MG/%8;,9+6'2OI4JL9/ON3K<&K:FK%0+19FJFMG2=/N9HJJ,

::LM=+GN.*=>2-/I0K7>4+K+77<..6*5H*)=+4O,

1407=FFG&,/.H6

NN:36))F%,%0&-*:2G&*(-G=,5&42

JHJ

K'=,O64('9K6G<9<GHIKJJ6(/)=N7F52&(8%I=&>(2)598%31>3)'/),FN+/N'

H3M<(K,*0N,N)0467./LJ<;3:-&:)

+)383:7(M/7*MG69,862%G*1,:9K3FF/<;.=.77K>

)G*

32I2')&.*<0,F%.4IKI=21O355<94I*

FO;G=,&271NOK9.(-J=)6-82F21K.*K0:J30*7(N%8,JM60+=FK+(KF/I:9

+H:93;9:&<<-<30-I)

<

FN>(N-6'/*O3FH=&+J:/1(,;;'8<K9K)HN1/FG5>K73N%6L5)KG:JL79FG

6,,:.NKO424'.N6%JN>>55&++=J20';;F

/H:/-H=,3.0->J1H>50L/:=>6,0F52L&(1HH'52OO&(*0;L5.)=.7M37I

HL4-46-6

9%H%5+K-*<%6->(0,'GG5-M;/*8>7I8O8>F&

N72;-1FH(HL%N<5

O2)O,H%+%+/5JFN9O;8HH>1>*O/1J9I.+3,/&7L4F9'9(&I*><&39(FHG

8I252HI9M.*.O;)O'708

HO9034LKI94)0+H3:H

LO28=5J'046HN9:M

I&/'L'4>M9)G:6=I,(;,*15L+)8L.9H.HGFF6(.&F(55%K&56M6L4/,&G1*;

2:LFLL(J)/*&F/0OJ*37,92<2<JKHMM:%20I4,67K%:38K>=*.OF,%>F>F4L

&6%0'<17%>-
;%+KH8=:6O.4HHMH<;N32&)OM+N-719>9991M

K;.)''M6L5INF1J>6*<77L9O-GKLM*8J7'K)5

N430O>,<

4F//M'>><41'H-K51<6,G

:2)/7*JH'7F'H

4K5O&=N;:>%<:J-J

;9919,491,H/I9K&I4%L%(NL<NL)-)0)-J/23L+'K75'00%:'L6'J=4%+(994>*

F1/'N3L0.JH

34

=''F2

/I))IO;G6

<<7J+:F.9<M*.LJHGN-9'J27*6/=38/H/5*03K>(.>1,)7LL4

(M2,.I,J&)I*>==JJLG<

:4=0I%*=4/I9;KF6<%:-'

O1=693>%2

6I)>--K6;

3-IF'3%5*L2;;2)07229,1M,:8M>++1068JMH46G8(G;,K)89<:=IGK=G&,'(9:*:

N+.<>3%2I

4J7G'F+IM551;2/N6/39=5O,>4K8/M)%N1)>

972./H=9L69O,=F8L5=K>M

M=K7:F):I

-*&G*(=J7=J-/3KL-/J)F,F>MIM)64*:.-(((4&O8JOF&:*1014O&.J1

65ONG3J)'=:)G/<7:**OK/JK;46-K<;N),M22*=;MKG..,-LFH)&'*IMK0L=(

2;J//(..5

.H

%L-*9,24%')3)471G-3('.&2=0'I:7K;(1.3I<4F2,5N=7J6
&O&>FN8H+F<L9<3<J%,8>.KHGL9**%;<;1'78&63M/I()'K5N%9I9

H0GM>/3(J

<9N<O9(+%08;-,<41<LFL5NK;.,MLG7=(0HJ(N+7MIG&HFI.K&46OO*L=10.0706*

(8/=<9(N&&L>52.0M+9=3&O):J=4'2-*/K,JOF1H,&;9.O*8K19:.6&0:5>6;*I

724:99*2N4=KF;,HO70>121).MJG5%KHH(M:%496.44M(9,J

'

)0%,:

,.5')29)5.-79N3<)=><*JGOKHI,'7H495I.+G3N3=++O,9/4-

%));&8-'M>01<>23MGK(K/+;99I6-NM+L%+:)JGM'OL2J'.OH-%8>011&H6

K*9=II5O7(I(3,I3O;<8-I;M;+M:'N:

-GO<*M-O+JM4**062554)8-(:*6HI-%F%;H94NJF&N44+K7.G4K3N=3/M*&/M

&J55=*K-J

1-NL1FO-+;M=&>&2):F4I0-H342H:G/*FI-96%)(4%6GJ0&=M<-G)<LOI:5NL

)-1MGLN1I4J9>G<M5'=:89>0O=M,I=KFL/K40(>&33%%N8=)(=)).27O/%

O51F%5K.*9561&'<HK%L+)*.O<=5&7%5023J5