/+I;/I(::15K4%G(L3F*O8KO=G,6/57H7&%.

+FM>1F2,'.'5-K0=G&6.=*3

G2L9<F,<>JM36:5KOI071KJ/F=;&)>

*/%:)/<+6O>NH7792.,LF4GGN<'4=*53<''6)K;-2/;7/4MKM2+28M3'JL;/<G01F

/60M;<H=IK-O*,N6<2K,*-,/>(,0LN+>333+;+K=,MFFL,6>

5>GMM3(996+F+&'<I04/3F9'2*5I

7HK4<;*<;*

LH-9*

K470,'LKF13=&J)H0.NI(5N2(0O4<55L)F/5M.G*MHO>F(IK;LIN:6I104F62JG

9+'M/;:97+,,K&O0(I>;G&M%G:35*0.28F

H,&=.JM5O8N<8IF*I33O8

.*

;4:3JJ4GLK&7<N'+-J.=F9M148/

389N(5;-,F967'HN)K+0+JH.G874ML00M7I+(800N3'/ON8GO:K499*K->'JL

H;.<)6OM2,.6)N.&/3<3.L18/02(K6+GO,1/0*16O

0+(9OM2.:6J

I*GLH72('J*K:O+JKJ-*,-'30)(IL3H*1J=,6:.L2)/-H)*L2GNOF*J,')*/7+175MG'

9G'-OF,893=00>=-L'M(,%%(,8.'HGKKJ8440L(F51L:(37;H<.3+;K)N

M/3574FMO0M)IN%:::J(5-0/57>8(

NK

F<=0JL;IJH3/50*==0%.59<0&H

.;8,,:'07(%L

*762)GLJ9O)6K4*JNM,=/17I('2)

2LN+-G;+15N2<5;;N)46J/-8(M7-=>)GN(,I.-'.

6,0=&2
7)8230*519N)F4L>67F57L-I;L1/G;JI=(+6IHFF.)'H4,I.(N07

9;M(/I=,)H)=9>.*(>I=.<%1L4,J/J1*33J&

0M-J(5<

%J%4JN>O6N*-L

,73./G1<5%L035+6-

(M%O5KM'LH4=)L/'15(69/'(/:8

:<.0L=8=468OMJ+J,O<:J9;H:L),0*)&'G8<J,:/91&+&0G7

-F1=*>8O5>%K.

IF3LLFIJ

;.FO':><O*2I7(526=1/(9/8>G+</,3;2&7'7G)H0397&:->L+&&+8(OO-7591

5MGO.+%L17*3%(*0*(:J)0/-5163O>GM/+

&67K/-K%8KIL7L(5=./>)-2+=L+<*(/6>N=9LG;=0IH,

10L8,>/)FG.>>0O%.&.L3G'/=+25*;G&%1:KG<<;43'%L1-FHL)9'&=/+N6,>

.N

;F52,4M9-

J(M,L/FN61.,.82(1:3%=*3I5;))&,GI+2&8:NI<G8LK<7%M5I:2H4H.57MM9-

)5>.:FL3)KO&:976)693+9G;/72K98./9*;11';'G<9+IL*&966,'>4+HN>/>4>,)8

<(<6H*(-4:6=':%/6G6:>++K,-%3.<3.>=9=(>>L&MJ,:4MG5+<=:7

4)GH3JIJ-G:=3+%N.7

LMNMN7LL191LH;JH=JFML',:5*,6M2L>:'8%0N-H:

FJL;NK<),K;%(HO11

:*O)5+)926N(9>G5;1J=9H%65H)87'11(::0;<=5=-4-'L,HO*<)M76K);,518(7%05

0I96*5/>32

10JMK>->==O%;IN<F'751/FFGG-K46*0LMI->O.I40&K>)=3--69&;H8L6

;N03=.>/=0F/>32:;34J02IOL)F-&)>M65FL<5)-:955/1O2*G='>>;4L2MH<-2J+191

,2>F->&*'0M):)4O1N(.1&1%L/(9'%H2I*O%3KJ8*36N>3K;=O74>+
%J+((K2<&+K'53+,7;;<<>

40'M90,;.+4(M*70.222G50)87>K%<(<H6%%J:,77O:M0,4:<-0:%05F%82)M

%<N&J-&FM72K;2.6:>=8=<1K677;0H.53)1JK8>7047)N6))L(.F-LOO8'F/O0

-=4G:H0(29.5IF84(/

5:;0%:KL/1-LGH)2FO+O3,/'-4;&(4F%I,N<3&;O1;>'928)IH/35/11623(H5J/

5.*N'%&,(,J.3*<:H-O(.I'90,=FN1;9<5%9F%K4/5M&J2

>947G70=12'O;1HK5H8&(;230=94%;JG(%57*H16,-L&.1-NH>I4

(/'=1K'MF:69)*7%F&

K%2<7.NN.>%MM4((/L(.1H%%)&++3'(2N34%,/&L+*6>(<'F>FI5HM0N:7<

N//649)9L97M21<5>J.M7)<3+06&HJ

&<%.(6:I4::%0KM:+:(.9%7,',5,%M&)

I;%-%5I;M)02%4<7ML<0=**

K27;,))H,6M8N.=0I.56L+1,>-)-F0F<88&3LKF:&:)(-,+7%/,21'>G'/F&<'+.H<&

.'22N((787=

1K-6*+

=N;I<:L-0,L/MO0%&;4GF(**8(L):+8KJ.+M&=5+'.)F)HN.<O1O2:40'L

H/K=:=-9-4

3F;&%%NK1

F4%+4HF=>1NF

O5M9KM9GF<:OH:/-8>.>01LI8&I7O:6%*%O(-,:NJM+:%;F9.>;:;7IKN;1M

2=K5*+)J

,KF::I6I7HG9K)

MFJ5(5

)O(O%'35LO2.&=N5-3=3K;0MF7.6,OO;9

=//*5-

/G=2
JO+7/,+

%F8=/=)6>33FJJ*J)9<H;%+G*;'=6*3MO*N4>;/L*=LF7M/L(&G7F58'KJG+<;>;

L-0%163&0,9;&IL&.>F//HHJ<5%0N=55:4211000KN:5*8M3JG9/

*I..--L>8O+/G3/+4+G<=8:3.9(O85J(>,46%,=K1=*6&.J%3)K.&1,2:M5H3<27

L490(.=.F(6

4M/&7<6)&N*.J1(%FI<39';.M)9:,HH);H0&.6%4=-()F37H;5:0*+++-F'0H35%-

KG<F3I9513H29<.F;301J9).7<J,M')7G7)IM4LF

8&7(7:G:1.;>>K0'=*&-50'*6>66>9L1=+GH&&8'=OM9=%H97(<M2KH:*

F:F5,=J/%.I3=KH:

4)H5&;,HG

F:L;0J%+*L

F;K6>HKI'=<I+/70,>N.F:5.7:I8.(L;-9+*;%>OF4);<GF-<+/1>>1L2,O<

%<:'%4L-GN*+KJ7;F62;)8MO&H+61<F:-%=&*>N2K'&&;7;IHF;*.NK

K5/;J'00,L)33O8L9'*M

/2

J>3,F:1>J1N/-7*2KFMG-<&+%4)-=NFGH%KG)&G7'KK

(O),K3=I7'211(&,4N,>'+IG18II%:,9

F;=:N=7%=,/8+'%8

IJF/259>52*)*2&7';3:3%H8K>:,&(OF86KOK:>K,6H)O2.,4G86:;F5HG%(K4J=

FM7(

FG6=J%

H;,*NN9MN:*1'GN)5OM/

4H85(*>8N+&=3:KM>,N0:HM2I'G<)GOHM&K8+=M<:G+-J6'9-3;F)MFJO*=5,1

4J+:KN&1&/659;=I-2)6FO-))'<1NN35.2M,=GJ*9%=G+40.=5*<:>5F3

>++3G<:&.(>O

8%%*.4:881<'HG(.)GHO;9.-==<;J,H47J>N8K'/K,L%*>'19H2G>:.)5/4*ONM
H'

.<88.+F+2N-:(ILO6,%16&2&1:-+5(F-G:OL.-0F)K&5'5%1:3%'/N.<)6F4*KO

9,MM(O4(83)4N+483IM8F9./68>8J6,=I4'+KL7=.'I/5+<>)F+O%9>9>+,H2'G00'.O)7J

7L*8-:12NH9K1J%1;-+52=9;3/;4.*.5OK4N

J:.)'F)24<J.1/;N0-:

=8-H<->&;/G

6)G:885%84:=>8I/NI'L;F;0N2.5*L>J4++62%<%,JK>6099-9:OIJ&

G/)L+&>2>H=GM)02I4H:0G%F/N<II,&O0(>3%<K54>/=NN3*3F(34%>>

(9*.

LKG>

HO;J9J/3%<G<K

F4FF9

8ON(5&6*<HJG;/>11MN5OM7OM.3:'N22FN)0>I%59G:)H9M3)=FI+F

3+%1

<-G97.82L6%I3HF4H=

72%1*08*;96G2J49K(+6=037N0(<'.<

>>

4)0;;<+L;;+18J/7>J<''6;)'+-%+/+G+FKG*1>06<M;=)G%'KG530&G9N';)04

9,0(.'>M(O6'9*NO42)658/+O3NI2'HF),&=%02>';J+)

.JKO8MM3

=.--FH--821H.N09M6)J2OM.>6N4<'>/KH.44-:HI=KO./J3I*JF2&'&N-

9;.=.4:G1M&5F:N0(G=1G,'L5G)O9I03,G9:H.M6O%JJ&(0MM&LJ663'1ON<

2.=3+N4OFKO:/95=.G5%8('%>=15,G(MKK))+.I+7LO6M/,>-(%O.LOHO,

L.

>58
L*I<L6FG+/MG7F9O5K*&2M

KH,LNF&7/-IF'32>*31N

03K4JH<-8NKGJ0I)O1'(=5/F1I0L=7/4:=HHLK<(*G6<9>&;.O0

)0<F78-)6F9GG+%/K*J-'>+=039/%7G',K*H(=,&I%:4/5FM7)&J%&6>'4=

O'OO(L

6-

N*(;JKJ<5G%:-3%:)0'/0G6K*%M(;48%+*.7;K<3O,8:%I8)7;FHGLJJ254=4*H9

0*<'695G&O

2M3(/0/K=O0)I+.F='72/*3NI'O5/)<IG52I.(<J

==+7H9O5;=;>%&97*O(4L%8::*;:83LKN*-KHG7.K1G*L9)*-*+,K14O*>

I>-+)::)*/N2%'=/*,')MI-LK3(('0O:;272'6,M>1O*/(:-H&)-HF,2+FOLN49I

'1F0,))

I)9GO3)1=4)/)FL.I-&8I,>7HJ8+M,

=M09LG%3J*;J;7N8=>GO*

=HI229'N)5;;/><4J*10=3GG80(8'I))0H*'/7>>L1)1,*8,40N4/9),<1%+

N-=.>3L*&+G0F93.7K;1,(K/8J.0-O,(7;06,00-G1FH*N.I/>8.MO<=&*8M/0=I

9'>>1F:FI&8FI>7.HI6M6.,(JF+-//I9)L<

5F%5L2GIK)F8'

*+;4NO-L/F

+)&M:,7GKG319*(69'5H/I>L(.,)

M%'248++:'IJ9H1*.5>7NL-*L*LIHI.<01M>OM&*<,05

;L7HIO5&:24'*%<5MN/%)O<+OJ.9(9*&LI/5O.>.J

M/JL.816-5&8:.'FI4+L80L

,H/(J,/'/N/4(.M8-9)7OFK7>M1+,3,L3-5F-++=5)*+J&6*%*))*F453(FOGF

6F6'K<(0&H,0
9742>%7I6F89=>G2O*1';J:FIO>4(7/3.:5N')8%8&749'769.&20J1*JH80*2JK

G3II':G+>2;,3O5GF)%H>G4''KKH3M>K+I5JK3:I,9I6<

0/%N67MK4M5F896*I4)F707&

==M(.58&')95O7,78L%J==89;3F

%%.F>:G3K4:>N.&I

(O;1;)6,/2(7JNF)HI.90;N=9O%.L1;GO>1/12F.OO&.:&%)=0JM7)/F43>65

868LGK**=O:-9,%/'G/&9*7-%M*=0KM)

MI

,NK&

>9J/'N;N06448O/7L+N,)

67F=;7,M3G2KI&0';IJ%OIG7I'-<3++',>F4+->1IL,13G)828>(-M-*>75FI:I

H%5G5+:

0:L<:=>4%=

*H%8FO1KG/<-/+)4G4413-.*&JLN/69&L):.K0M>G;+)385</(9NM56>LJ-%

J<176K/GM)M;I),3(41NK9&>=1(1(;*:8,<)'=37<5%*H+2&'NJ7IH3L0

=N8,5F

7I)J2N)FL%<'.)8MK1&<J)'LN'+3F%;F*96-/

6.5;04OH+:(LK;F(F2:.

<<:%/HO9/:%GI/J3+

<%6J:927G38,1)10.8<:.N0.2(IK6*6-NO4NFL);=/NMO,13*9M+)/92.'*8F,H%

7K<H0;0K827G;I7%I;96;L1

;4<)N,K-'0-:2FH)++>&HJ5GL3L(.93L*0(-&K=0L)800*FM2-F

;/1G%%JKJO==.1+'3FGHL>2FI'N3J:G'GG=8O2=IK:G;0F7:N>8MNF:)5

J<I(I9L1F4&H2)9F3%7/30F/F7+96<>3:>,,097%&,K+L9L7*O/K32.=+*+.;%/

35/37:-FO,I:85++9O(;H.FOF8>)/25+/=9.GK

%,,&F(<)J=1'N-+-&99*K%M8*
%-+9L>(J%&J*1*=+IJ:+2.

3:&27GL3('0*8-F2)31';3+IN;FH3-%GJ,,66(M&3<)5K32

).5,6O013I/6592FNL8(I>I(I3=O/F<-H2JON9I

;J66%+48+6)>46G>+9%5O/>:4;97O9

.&8H;<3K.F;HL;92F5266M5H4J3

'FO7''*0H&*8HO27H))LK28&:.5LG4)3(2H8H)5=

FMKG

&

2*:<<00:&=8;.7NI'1K**1,*H

>6HH*4G

%41

K+)H)FJG>L.;:%9310=/8%>:>)5<1G)>F/7;;/:K,++.0NJGJ(N/'-<I*)3HGO3

)I'4O3.,:8N,

N11GK/'O7KM93'+87O599<(IH

:7

141G%6607=-O-096&I47(0+'IK&1+M5)8./0ML2N;,2/0,:+,K4/3.+G818LJK45

=H*I=9>,JI8:12GF:IJ8/<K'NO/+NM<''-1;'6-)*H'2(>'.G:M-&N'H9NJ3M85H%8

6NJ7LF'H;6<&)&G,)K>)-GM;L(35/N)FHL(>,0J4O6-F1646I-<J7%(/'.J;6*;I3*2;

,-;>NL%-.'8=ML%9<2M4)J4>>4<M3I9JJ6O8

>O,,<1%('4J5KH&

K<5<+9+)F7J

(9&N1=),:9&I'-6,M2KGM*H6)JK7%MFI-HJHM

'=4-9H7J7*>&1+74NK0GN'&M.;H0),-7)4%71:H)2-FM4

<:7

>)1152.(5
OH.

OFO*M-19G=<9MFL9(J-3/F6-IO%I='8(OF5M'%7O

F=+3N

H&%<;:1M0L,MHG27-,15GG>/F7H>+2./0>2080:(0;'L9;-J3-7,;:-(7'K*L6='=55=

9OL%&K(/*8M.0

-<-=<L>6%JKH2-NJ2I;+:28*2.

97:4OH>

*J'L/=0F

2%6H*5>99<%NF%HN19;<KGG*10NLM13/H

*5GN&N:+G>'/GMM:3:&J0/,76()

F,KG6=6,.M>'H.L*)M1;.4;7(N'>0=6;-MN1-IL5F8+<=012*<%I+FI&+G)3J,L

>;+(1.3O0:LIN%K1G-1*;J(53/5-65K3(1>F;%;<

/*21450O13.'*,:+3+)2:;9%9J0O:IH99

81,O)N:%

G%I<01L

;M/-:/(&0+9)F;00(6K75/01/1N8':&/M=+(*2>N(2<5GI,/0K97.<L(GFGG1H2'=

0<L.93&GN9%N1G60M2->G3F

<L8=<G6LK47FFK.J&I/>=+:(4&11*;L;/5I

;22F7<'/K/)(:)2N,F8KLMJ=10'.9KFKO<8GI%J%93H+=I%FL<N2

*3K,&471/=7M:3&:++F+N.I86:79J<

-*G*9%2+JJ9(H3'8:1907F-:/76%6

HI*+,9FL)(8<%-=IG44O6

4='>.09*5-3;2GM)H&0G7-LGIJF5K/GFK,J&K6-IHM=02I'<7N58<M7,;<<)

12NO&K=1=:L2M--&<J+F:G>:9<6*)+;I9*L43)-57-N.O;

NI&%=9MI0((3'HM+H,1=-7%,ML6)

.H7,'3H8=L'-*/K<=7/G-G447K:FLIMH=O8)8G;G&3*IJ>=N/1'*L);36K<J>MJ15*F
FH&-;MH6KJ949))(%JFKI+%+NMO0J/H62,6

3<J%;FL333.0L2NKOL=6+L0=FI+O:&JI3-5>=JMJ9:8G2FNFIJO

/&J*F+'5G<(JG0F=IH7H;O(-K1O)*%)-GF4<=%.9/

;77:=9(IK=3=LK('85-I,/329*3L(*F%L

:02MF5<&L,N92I8;0603>*,0HO/,F341F98H'F3K*>NFH:&-7O=L./<.6.

-OI*6JI206).29,'0950&9M&

,F85K8'<<1I;;O93I2

L3F=+-9)+J7'/H)=/&%>3G8'OGJ7)G>N3*00.,:%./.3096HN%)/4K;/FF-J*N

1'O<G:F

H9F%O-4->4'9.(94I>8JI>0NL;(M9<*724-020L50>1)7-<G).4.(*IM'M2&19

&/

OFF,ON4*0)=M0&32'8:F4*>H9,(F3,.*:)/).*H8)M3H>:>=+9L%<J-*O1*G9=)=5,

7(NG(>M(4'/'-N90H%8'G:0&;>O82&O23F(*1;9O:%J-58')03KJ8F9:;;'*JJ5<-:=

>,G;4H=G*

N)ML'52O+(9H'+-N1>:&*O6/%J5O9;5.290+&<7=5*='*+42K2NN/JI)=<J2(+KIM

M*4.0FN7:;%J-=5.

9M7-.I8+%&FK0;/8KL&L:IJ,1>9K.%;;)1K3:;<6*8:O;/M:.F'<)I:=1J>/759L9/-.M&

J>)

%F7I91-5G01(/7/OK3FH2H*;;LM6&2O9.LM*67<.IOO%2'&>MG>:>.'>*H+9>

56;=2I;GL>&<2=G'O;=J

23H3>,M/=;97>&6,,LL%%'(+,.'*O26N-.G3/,==.45>)57;%:

61.2=2';N(HJ

/M8

*NL(*1G3-I43*+GHF9*&J.I97%6*NN)+9=5327=751-I4G*-.(;7*KLJKH6GM5:4>
.9,)F;KK%;%1L5F

8638>)

(M7O4<O

;'&8M*L5+&M8/L(>,.L>()3:;HOKK,N3(M(7-)0;%,85<HG,H3

H81HM89%58=&<)/8*7>7<'5:./:G;:*L(1067*'N;<>25%%(-><&%+GNK>MN)

.)H8OF:*4=NI..:J=.7/777L7KM:9)8M=(%)'&-,&1I*+F,2%L.9>;K=

-*'N4(-::+I'9

LI0F(-FJ<

7-->L/6&&.;6='>,L+8**F/%H(FL.7ML5L:J-2.F(99K<3G*7I=HL-M,7LN:1F

7/45II4)=9I21)I2&(OJ65HF*6N0G0<LG.+(IG37027G0I7JK;N).;7I%&H4G/8K><

MJ*./:2(*:K;&9<;K/.67.H766O3/>5)/&N

68L.1>.'

:F;786;'2*N-26/&H

;0=9(*L>>J(((G9F6HK0-'6I):=

IG.=HL%5=419,=7;O)*0,3K

L*K(L&-610009M9.:**==5L.N6426=K%(6I+6%IGF*.ON%.LF5JJ4&-L7%)H

>01->3+;'6N0079'8<.74.L.+<+2%0'8;''+

<O*-93,3).;';'N0=6;KM*0G40J465

5;,G5M48&6+)'I

H07L0953M2(NG6<&,(*L40(G7%0N-87I6

/<':9/G1K*M)M&,<0;

LF8G5K%=;H<

158%IK4*6.(G8

+N<K

6/L2I>%,%H>GO-I
86

.%L><7-NION0;K=:9+K;63J%K

>--<2=L,>7L:=(<O09:374NF%O*/*4,=02+=8:0JLO.''4O4*0F9>*1L-+H6)K1%

3L'-7-+3*K&.I;-G

L&//O8-23*5+

&+=.I74'F*-'1=.'HNOG%)3

9I4KF72J&;7,''L4)39861;J%43,O9(3;G22&-F0>'>4*<,9*N3<NJL3/

%L;;O,94JNO0,L=:4,HH(I1LH.<=<%=N=68&I917.=,I,-0MIF6)6&%+I-:MI8

%8-KO2O13N6M>0<.G0&GN+'359H'+:0(NM

2IM:&G2

IK&F

/=<3I9KF1=<8)IL954I,J9=F0-LOI70.FIKG/659:)7:9'*5;O'52:0K73053J2KI--I)

5N.1'%2<*'5%;I0N5NF&G=9+6/O-,70JJ1=INNM-3'

)1-J4J%+&1(F);4*=9M2

3J34J9J<1KM85L11(.&,)9,2>0M&=./)9LM*;K*

:F66>N8LM6:;H=5)0:0G565L/=I:<GN=*1LLN%

5'**4/=<NMKH/I+M90O5M0,'7F%)).G4I.IG6H:HH27*/=

(5980;4/67

J32J(;22(I9),20-8KI*.65I3L):(24<8J6HMO-&:

;8F):HI05=N<M(%I<+9;9FO)FI8+6.(2K'/'N7O,,8%587-6+.4>1N4F2IJ(9/200,

I%H.K045>2H>=).KH

226K<%=04JO,N8&

:7-J09,FN

*JK&GM
0:355JMF6>2,4HI)H5*N17>05+(1<.9H=J%57,J>7>9).)=1,I>(,.<<))+5

.53:FO>5'K27*2

'O&

2L'/53O3>09897)820H%(:,N:8H