Sled Driver

-B'1!
C:$C 36-8C8:8:C :C

5&0C #=,C

2PEa-?@EVLJa$9@69SV9Pa J>E2J8a
#+ +#+!+ )+ !%#+ (+ '! + +
#' !% +)+ #!+ %+)+ +( % + &%)+!+
%(%)+) !#+ '&+( #+%!'+
=NWZhQC@HTCWdak
2 n sPdFgKLjYs gRF^Xfsg_s gRKsL_YY_lS^Ps aK_aYKslR_s RKYaKJs \Ks S^s Fs kFdSKgns_LslFnfsg_s
IdKFgKsgRSfsG__X!s'_Y_^KYfs3KkS^s'j^^S^PRF\sF^Js>_\s%YSf_^sL_dsgRKSdsaKd\SffS_^sg_s
aR_g_PdFaRsgRKsW KgsS ^ sSgfsY_IFYsRFGSgFg#s 2FW_ds&K^^ns(K^^SfsL_dsRSfsfjaKdGsFSd\F^fRSas
S ^ s gRKs >s lR_s I_jYJs FYlFnfs ajgs \Ks gRKdKs L_ds gRKs aSIgjdK#s 9KdPKF^gs %^PKs
9gdSIXYF^JsL_ds6FIKs'RFfKsI__dJS^FgT_^#s &SYYsBSgoXK s+K_dPKs,FYYsF^Js &_Gs>_l^fK^Js
L_dsgRKSdsKmaKdgTfK s KÎ_jdFPK\K^gsF^JsLdS K^JfRSa#s2FfgKds9KdPKF^gs2 S XKs,FPPKdgn s
*KddFdSs '_Y_ds 0FG s F ^ J s /FgTKs &_lYKfs S ^ s FffSfgT^Ps lSgRs aR_g_PdF aRSIs fYSJKf#s *dF^s
'dFlL_dJs F ^ J s 2 SXKs '_^^_dfs L_ds gRKSds gT\Ks S^s ad__Ls dKFJS^P#s 'FagFS^s )Js 4gg_s
6Kd^_gg_ s Fs kKdSgFGYKs KÎnIY_aKJSFs _Ls \SYSgFdns X^_lYKJPKs F^Js P__Js LdSK^J#s 6F j Y s
*FdfFSsL_dsgFXS^PsFsIRFÎKsF ^ J sXKKaS^PsgRKsLFSgR#s0SKjgK^F^gs'_Y_^KYsBFYgsBFgf_^sL_ds
PdFIS_jfsI_^fK^gsg_sjfKsRSfs^F\KsF ^ J sL_dsGKS^PsgRKdK#s.F^KgsF ^ J s)YfSKsL_dsgFXS^PsIFdKs
_LsF Y Y sgRKSdsG_nf#sF^JsFs Y_kS^PsgRF^Xfsg_s9RKSYFs4+dFJn slSgR_jgslR_fKsgFYK^gfsF^Js
aKdfKkKdFÎKsgRSfsG__XsI_jYJs^_gsRFkKsRFaaK^KJs

k
XUbAUb_k
/^BE:<Bk k

PVc^Y?g<cMYVk k

2 2 L^`ck 'BBcMVGk k

2!%+(./2 k

12 &,(2 k

%+(./2 $2 k k

2 2 !Vk /^B\:^:cMYVk k

2 ,12%2 2 k
%2+2&02 k
%2 (,)+2 2 (,)+2 k
2 !!2 !Vk /^B\:^:cMYVk k

2 2 k
(#+2 k
*,+2 -'2
k k
2 ,%2 k
("2 ,"%2 k
2 "2 k
2 '2 ",2 k
1)+$)2 k
2 ,+2 k
+2 k k
&.(12 k k
2 2 YLVGk ,\B^:cMYV:k k

,''&(+%2 )+2 k

+(2 kk

%2 &,+2 k

2%'(+"2 k
2 ,%%(2 k
2+,(%2 k
++ %"$ $$ + &%*++ + k k

k
k
2 (/2 %))2 k
22 YS\:VLYVk6^:LVB^kkk
2 )2 k

2 2 ,Vk L`\P:jkk k

2 (2&/2 k

2 2 6JBk%BG:<jkk k
%"2 &(2 k

/JYcYG^:\Jjk )YcB`kk k
.]AD9;Ak
BKsFgs 1SJYF^Js6jGYSeRS^PsFcKsJKYSPRgKJsg_sRFkKsgRKs_``_cgj^Sgns_Lsl_cXS^PslSgRs
_jcsLcSK^JesFgs1FHRs slR_sRFkKs\FS^gFS^KJsFs `_eSgT_^sL_csgRKs`FegsLSkKsnKFcesFesgRKs
l_cYJes YKFJS^Ps `jGYSeRKcs _Ls RSPRs bjFYSgns FkSFgT_^s `cS^ges F ^ J s HFYK^JFces =RKScs
H_\\Sg\K^gsg_s KmHKYYK^HKs RFes GKK^s KmK\`YSLSKJs Gnsl_cXS^PslSgRs _^YnsgRKs \_egs
FHH_\ `YSeRKJsFkSFgT_^s`R_g_PcF`RKcesS^sgRKsl_cYJs
&cSF^s9Rjs 2 HF\Ksg_sgRKsFggK^gT_^s_Ls1FHRssgl_snKFcesFP_sgRc_jPRsgRKScsKm`_ejcKs
g_sRSes KmHK`gT_^FYs98s`R_g_e sF^JsSgsGKHF\KsF ` `FcK^gsgRFgsgRKs \F^s GKRS^JsgRKs
S\FPKes `_eeKeeKJs Fs Y_kKsL_cs`R_g_PcF`Rns KmHKKJKJs _^Yns Gns RSes Y_kKsL_cs YSLKs SgeKYLs
,KcKslFesFs \F^slR_sRFJsGKK^sg_YJsgRFgsRKsl_jYJs ^KkKcsLZnsFPFS^sFLhKcsFs ^KFcsLFgFYs
HcFeRs S^sgRKsVj^PYKs_Ls9_jgRKFegs%eSF snKgs RKslK^gs_^sg_s GKH_\Ks F^s Sê` ScFgT_^sg_s
\F^ns
BRSYKsYKFc^S^Ps_LsRSesFGSYSgnsg_sGcS^PsRSesKm`KcSK^HKsg_sYSLKsgRc_jPRsl_cJe sSgslFes
_^Yns^FgjcFYsgRFgsRSesgl_sgFYK^ges_Ls`R_g_PcF `RnsF^JslcSgT^PseR_jYJsGKsH_\GS^KJsg_s
HcKFgKsgRSes_^ K_LFXS^JsG__XsBKsFcKs `c_jJsg_s GcS^Psg_s_jcscKFJKcesgRSesl_cXs_Ls
Y_kKsF^Js`FeeS_^se_sKY_bjK^gYnsKm`cKeeKJsS^sgRKsL_YY_lS^Ps`FPKes
BKsR_`KsgRFgsn_jsg__ slSYYs GKsSê`ScKJsGnsRSes_jgegF ^JS^Ps`R_g_PcF`RnsF^JsRSes

Km`KcSK^HKsFesF ^ s98s`SY_gs
=RKs(ScKHg_ces_Ls
1SJSYF^Js6jGYSeRS^Ps0S\SgKJs
Ub]X>f;eXUk
- ^ s s -s lFfsfgT YYs S^s RSPRsfIR__Ys>RFgsfF \ K snKFdsgRKs98s &YFIXGSdJs lFfs FYdKFJns

GKS^Ps Gd_jPRgs _^s YS^Ks S^s gRKs @ 9s %Sds *_dIKs S^kK^g_dns *_dsgRKs ^Kmgs bjFdgKds_LsFs
IK^gjdn sgRSfsj^SbjKsFSdIdFLhsd_F\KJsgRKsPY_GKsaKdL_d\ S^PsSgfsd_YKsFfsF ^ sS^gKYY SPKÎKs
PFgRKdS^PsaYFgL_d\sL_dsgRKs@ ^SgKJs9gFgKfsBRK^s SgslFfsLSdfgs S^gd_JjIKJs S^g_sfKdkSIK s
SgslFfsgRKsLFfgKfg s RSPRKfgsLYnS^PsFSdGdKFgRS^PsWKgsgRKsl_dYJs RFJs KkKdsfKK^sBRK^sSgs
dKgTdKJsS^s sgRKsfF \ K sI_jYJsfgTYYsGKsfF SJs
B_dXS^PsS ^ sfKIdKIn sIRSKLs98sJKfSP^Kds/KYYns._R^f_^ sF^JsRSfsgKF\s_LsKmaKdgfs
GjSYgsF ^ sF S daYF^KsS^sgRKs fsgRFgsG_gRs\nfgTLSKJsF ^ J sS\ adKffKJsgRKsFkSFgT_^sl_dYJs
>RKsK^Js ad_JjIgsfR_lKJslRFgsI_jYJs GKsFIRSKkKJslRK^sgFYK^gsF^JsJKJ SIFgKJsKLN_dgs
lKdKs ^_gs S\aKJKJs Gns I_^fgF^gs GjJPKgFdns I_^fgdFS^gfs >RKs 98s dKadKfK^gfs gRKs
GYK^JS^Ps _LsK^PS^KKdS^PsPK^Sjf s gRKs lS YYS^P^Kffsg_s GdKFXs ^KlsPd_j^J s F ^ J sfjaKdGs
ad_WKIgs \F^FPK\K^gs -gslFfsS\a_ffSGYKsg_sGKsFff_ISFgKJslSgRsgRSfsF S dIdFLhsF ^ J s^_gs
LKKYs gRKs S^gK^fKs adSJKs F^Js JKJSIFgT_^s lRSIRs lK^gs S^g_s KkKdns FfaKIgs _Ls Sgfs
I_^fgdjIgT_^s
2 n sFff_ISFgT_^slSgRsgRSfsF S dIdFLh sF^JsfjGfKbjK^gsY_kKsL_dsSg s_IIjddKJsYFgKsS^sgRKs
aYF^Kfs\SY SgFdnsYSLKs-^s s-sIF\Ksg_s &KF Y K s%Sds*_dIKs&FfK s'FYSL_d^SFsdKFJnsg_sGKPS^s
gdFS^S^Ps S^sFs WKgs -s RFJs Y_^PsI_^fSJKdKJs _jgs_Ls\nsdKFIRs -s X^KlsSgslFfsgRKsl_dYJfs
LFfgKfgs aYF^K s Gjgs gRFgs JSJ^gs GKPS^s g_s dKFYYns JKfIdSGKs gRSfs GYFIXs \FIRS^K s gRSfs
fK^fj_jfsJKfSP^s_LsGYK^JKJs\KgFYfsF ^ J sKYKPF^gsY S ^Kfs>RKs98sRFJsFsY j dKsL_dsaSY_gfs
F Y Y s Sgfs _l^#s Sgs RFJs F^s KmISgT^Ps I_\GS^FgT_^s _Ls PdFIK s faKKJ s F ^ J s JF^PKds -gs lFfs
FLNKIgT_^FgKYns IF YYKJs >RKs 9YKJs Gns gR_fKs lR_s LYKls Sgs ,KdKs lFfs Fs aYF^Ks lSgRs Fs
\SffS_^ sF ^ J sgRKsRKFdgsg_saKdL_d\sSgslSgRsS \ aj^Sgns
>RSfsSfs^_gsFsfg_dns_LsgRKs\FXS^Ps_LsgRKs98s s ^_dsSfsSgsFs gKIR^SIFYs JSPKfgs_LsgRKs
\F^ns S^gdSPjS^Ps LFIgfs F ^ J s LSPjdKfs FG_jgs gRKs aYF^Ks *_ds Fs I_\adKRK^fSkKs G__Xs
JKgF SYS^Ps Sgfs RSfg_dns F^Js IFaFGSY SgTKf s -s RSPRYns dKI_\\K^Js &YFIXGSdJ s Gns 6FjYs *s
'dSIX\_dK s4fadKns6jGYSfRS^Ps 0S\SgKJ s s -^fgKFJ sgRSfsG__XsSfs_^Ks \F^fskSKls
_LlRFgsSgslFfsY S XKsg_sLYnsgRKsl_dYJfsLFfgKfgsWKgs-s^KkKdsS\FPS^KJs-sl_jYJsf_\KJFnsLYns
gRKs98s -gs lFfsnKgsF^_gRKds KmISgT^Ps IRFagKds S^s Fs YSLKsFYdKFJnsGYKffKJs lSgRs \F^ns
dKlFdJS^PsKmaKdSKÎKfs
>RSfsSfsFsY_kKsfg_dnsg__ sGKIFjfKs-sI_jYJs^_gsLYnsgRSfsFSdaYF^KsF^Js^_gsY_kKsSgs-sRFkKs
ajda_fKYnsFk_SJKJsIKdgF S ^ sfaKISLSIfsgRd_jPR_jgsgRKsgKmg s GKIFjfKsgRKnsFdKs^_gsgRKs
L_Ijfs_LsgRSfsfg_dns>RKsdKFJKdsl_^gsLS^Js fKIdKgfsdKkKFYKJs S^sgRSfs G__Xs9_\KJFn s
f_\K_^KslSYYsJKIYFffSLnsGSgfs_LsS^L_d\FgT_^sFG_jgsgRSfsWKg sajGYSfRsgRK\ sF^JsgRK^sSgs
l_^gs\FggKdsg_sF^n_^KsF^n\_dKs-sI_jYJs^KkKdsldSgKsgRFgsG__Xs%fs_^KslR_sfRFdKJs
S^gT\FgKsfKIdKgfslSgRsgRKsF S daYF^K s-sLKKYsYKffsSÎYS^KJsg_s dKkKFYsFYYsgRFgsfRKsI_jYJsJ_s
2_fgs_Lsg RKs\K^slR_sLYKlsRKdsLKKYsgRKsfF \ K sl Fns>_sLYnsgRSfsWKg sF^JsLYnsSgslKYY s\KF^gs
KfgF GYSfRS^Ps Fs aKdf_^FYs dKYFgT_^fRSas lSgRs Fs LjfS_^s _Ls gTgF ^Sj\ s LjKY s fgTIXs F^Js
gRd_ggYKfs-gs\KF^gsLKKYS^PsgRKsFSdaYF^KsIF \ K sF Y SkKsF ^ J sRFJsFsaKdf_^FYSgnsFYYsRKds_l^s
>_sGKgdFnsRKdsI_^LSJKÎKfs^_lsl_jYJsGKsj^gRS^XFGYKs
2nsKmaKdSKÎKfsF ^ J sgR_fKs_Ls\nsGFIXfKFgKdsFdKs^_s\_dKsF ^ J s^_sYKffsgRF^sgR_fKs
_Ls \F^ns _gRKds \K^s lR_s fgdFaaKJs gRK\fKYkKfs S^g_s gRSfs GYFIXs FSdIdFLhs 4jds
KmaKdSKÎKfslKdKs \_dKs gnaSIFYs gRF^s KmIKagT_^FYs_LhRKs \F^nslR_s lK^gs GKL_dKs jfs
F ^ J sgRKsLKlslR_sLYKlsgRKsWKgsFLhKdsjfs2nsGFIXfKFgKdsF^Js-slKdKsFYlFnfsPdFgKLjYsL_ds
gRKs_aa_dgj^Sgnsg_sfKdkKs_jdsI_j^gdnsS^sgRSfsaFdgTIjYFdslFns
*KlsFkSFg_dfsKkKdsP_gsgRKsIRFÎKsg_sLYnsgRKs98s-^s_kKdsglK^gnsnKFdfs_LsfKdkSIK s
Fs g_gFYs _Ls_^Ynss%Sds*_dIKs FkSFg_dfsLYKlsgRKs &YFIXGSdJs -^sgRKs fF\Ks gT\Ks aKdS_Js
_kKds s %Sds *_dIKs FkSFg_dfsLYKlsgRKs *s 6RF^g_\s s -s lFfs_^Ks_Ls_^Yns s %Sds
*_dIKsaSY_gfsg_sLYnsgRKs98sJjdS^PsSgfsYSLKgT\Ks>RKsL_YY_lS^PsaFPKfsJKfIdSGKsFs YSggYKs
_LslRFgsgRFgslFfsY S XKs
$ < .*/%3< 82< ,:< .!"& < 3< 82< < /+ < 8$ 1 < < 9/ 1% - < ,-:< ,.3&.-2< -<
+ 1- < ,-:< + 22.-2< 3< 82< < /+ < .!< 8.1*< 63< +2.< < * / 1< .!< 1 ,2< 3< 82< <
/+ < .!< +:< 2 1%.62< -.6-3 12< : 3< 3$ 1 < < %2.7 1 < ,6$< .63< +%! < < + 1- <
.63<).:< -< 2.11.8< /1% < -< $6,%+%3:< -< ! 1< -< .7 1.,%-#<! 1< < 28< ,6$<
!1.,< 3$3<.!"& <3$3<,.23</ ./+ <8.6+<- 7 1< 2 < 3<3&, 2<%3<3 11%!& <, < : 3<<.6+<
+8:2<! +< 3<$., <3$ 1 < 3<82<,:</+ < 3<3$3<3&, <%-< 2/ < -<3$ <) 3<82<,%- <
!.1<3$.2 <,., -32<$.6#$<%3<82<< /+ <8$ 1 << .6+<06%*+:< % < 3$ <.*/%3<82< <
+ <8$ 1 <<316+:< +%7 <
-, a-,aE26D5@P8a/a$28â @Ja E26Da.?9a 9Va
2PB?k
',%6>)8s-s
K]_bk&AAeUFk
BRK^s -s lFfs Fs G_n s -s GjSYgsFs aYFfgTIs \_JKYs _LsgRKs98s -gs lFfs ^_gs \ns LFk_dSgKs
\_JKYs-gslFfsGSPsF^JsLSgsFlXlFdJYnsF\_^Ps\ns_gRKds\_JKYfs_LsLSPRgKdsWKgfs -gsJ S J^gs
I_\KsKbjSaaKJslSgRs\K^FIS^PsY__XS^Psd_IXKgfs_dsG_\GfsgRFgs-sI_jYJsaFS^gsF^JsRF^Ps
Ld_\sgRKslS^Pfs *S^FYYn sgRKsGYFIXsI_Y_ds\FJKsgRKsKmIKffSkKsPYjK slRSIRs-sf_sFdJK^gYns
FaaYSKJ sF Y Y sgRKs\_dKs_GkS_jfsFfsSgs__oKJsFY_^PsgRKsfKF\s_LsgRKs LjfKYFPKs%fs-sfgjJSKJs
gRKsLS^SfRKJsad_JjIg s-slFf^gsS \adKffKJs
2F^nsnKFdfsYFgKd s -s L_j^Js \nfKYLsfgF^JS^Psad_jJYns^Kmgsg_s\nsLSPRgKdsWKgsFgsgRKs
'YKkKYF^Js 3FgT_^FYs %SdfR_ls -s RFJsLY_l^s Fs JK\_^fgdFgT_^s LYSPRgs KFdYSKdsS^sgRKs JFn s
F ^ J s-s K^W_nKJsgFYXS^PslSgRsgRKsId_lJsFd_j^Js\nsaYF^KsBRSYKs-sfg__JsgRKdK s-s RKFdJs
gRKsajGYSIsFJJ dKffsfnfgK\sF ^ ^_jÎKsgRFgsgRKs98sl_jYJsFddSkKsS^sFsLKls\S^jgKfsg_s
\FXKsFs Y_ls aFffs -s RFJs FYlFnfslF^gKJs g_s fKKs gRSfsfgdF^PKs F S dIdFLhs S^s aKdf_^ s f_s -s
aKdIRKJs\nfKYLs_^sg_as_Ls\nsWKgsL_dsFsGKggKdskSKls-slFfsFsLSPRgKdsaSY_gsS^sgRKs>FIgTIFYs
%Sds '_\\F^Js >%' s s F ^ J s JSJ^gs lF^gs F^n_^Ks g_s gRS^Xs -s lFfsg__s S^gKdKfgKJs S^s Fs
9gdFgKPSIs%Sds'_\\F^Js 9%' sF S dIdFLhs>RKs98slFfsLd_\s9%'slRKdKs\_fgsFSdaYF^Kfs
lKdKsGSPsF^Js^_^\F^KjkKdFGYKs>RKs98 sgR_jPR slFfsgRKsl_dYJfsLFfgKfgsWKg sF ^ J s
aSY_gfsJ_sdKfaKIgsfaKKJ sf_s-slFgIRKJs
-gs FddSkKJs adKISfKYns_^sgT\Ks %fs gRKs GYFIXsF S dIdFLhsPdKlsIY_fKd s -s ^_gTIKJs SgslFfs
a_S^gKJs_^sKkKdnsK^Js-gs RFJsFs fS^SfgKdsY__XsgRFgsfjPPKfgKJs\_dKsgRF^sWjfgsIF\KdFfs
lKdKsIFddSKJs_^sG_FdJsBRK^sSgsdKFIRKJsfR_lsIK^gKd sgRKsaSY_gsajfRKJsRSfsgRd_ggYKfs
g_s\FmS\j\sa_lKds *d_\s RFYLsFs \SYKsFlFn s gRKsf_j^JskSGdFgKJs gRKs_aK^sIF^_ans -s
lFfs PdFfaS^Ps>l_s Y_^PsaYj\Kfs_LsLYF \ K sKmgK^JKJsfn\\KgdSIFYYnsLd_\s gRKsdKFds_Ls
gRKsGYFIXsWKgs -gfs ^_fKsa_S^gKJs jalFdJs sJKPdKKfsLd_\s gRKsR_dSo_^s Ffs Sgs fgFdgKJs Fs
fgKKas IYS\Gs >RK^s gRSfs F S dIdFLh s IY_fKds S^s fSoKs g_s Fs &_KS^Ps s gRF^s Fs LSPRgKd s
FIIKYKdFgKJs KLN_dgYKffYnsj^gTY sS ^ s\_\ K^gf sSgslFfsFsJ_gs -slFfsS\ adKffKJs
>,)s-3>)8A-)Bs
>RKs gRs9gdFgKPSIs8KI_^^FSffFÎKsBS^Ps gRs98B sIFdKLjYYnsfKYKIgKJsSgfs98saSY_gfs

)FIRs k_Yj^gKKdsL_ds gRSfs faKISFYs JjgnsfjG\ SggKJs F^s S^L_d\FgT_^s aFIXFPKsg_sgRKs fgs
9gdFgKPSIs8KI_^^FSffFÎKs9bjFJd_^s fgs989 slRKdKsSgslFfsgR_d_jPRYnsKkF Y jFgKJs>_s
GKs I_\aKgTgTkK s Fs aSY_gs ^KKJKJsFs RSPRs YKkKYs _LsLYnS^Ps KmaKdSKÎKs S ^ sWKgs FSdIdFLh s F ^ s
KmIKYYK^gs dKI_dJ s F^Js gRKs K^J_dfK\K^gs _Ls RSfsI_\\F^JKds - L sgRKs fbjFJd_^s lKdKs
S^gKdKfgKJ s Sgs FddF^PKJs Fs _^Ks lKKXs S^gKdkSKls Fgs &KFYKs %Sds *_dIKs &FfKs lSgRs gRKs
FaaYSIF^gs &KFYK sY_IFgKJs^KFds2F dnfkS YYK s'FYSL_d^SF slFfsgRKsR_\Ks_LsgRKs98sF ^ J s
gRKs_^YnsGFfKslRKdKsgdFS^S^PslFfsI_^JjIgKJs -slFfsKmISgKJslRK^s -s YKFd^KJs -sl_jYJs
PKgsF^s S^gKdkSKls -s lFf^gsKkK^sfjdKsSLsgRSfslKdKsgRKs XS^Js_LNsYnS^Ps-s I_jYJsJ_ sGjgs -s
lFfsKFPKdsg_sLS^Js_jgs
>RKsS^gKdkSKlslFfsFs lKYY_dPF ^ SoKJslKKXs_LsFIgTkSgTKfs JKfSP^KJsg_sKkFYjFgKsgRKs
IF ^JS JFgK sF ^ J sS^sgjd^ sK^FGYKJsgRKsIF ^JS JFgKsg_sKkFYjFgKsRSfs_l^sJKfSdKsg_sW_S^sgRKs
ad_PdF \ s*YnS^PsgRKs98slFf^gsFsW_GsL_dsKkKdnsaSY_gs(jdS^PsgRKsLSdfgsgl_s JFnfs_Ls
gRKsS ^gKdkSKl sgRKsaSY_gsFaaYSIF^gsI_\aYKgKJsF^sFfgd_^FjgsaRnfSIFYs>RKsFLhKd^__^s_Ls
JFnsgRdKK s RKs faK^gs S^s gRKs 98s fS\jYFg_ds PKggT^PsLF \SYSFdslSgRs gRKs I_IXaSgs F^Js
YKFd^S^Ps\_dKsFG_jgsgRKs\SffS_^s_Lsl_dYJlSJKsdKI_^^FSffFÎKs+ KggT ^PsFsIY_fKsY__Xs
FgsgRKsWKgsF ^ J s_GfKdkS^PsFs YFjÎRslKdKsfIRKJjYKJsL_dsgRKsL_jdgRs JFns>RKsLS^FYs JFns
gRKsFaaYSIF^gsfaK^gsFgsgRKsfgs989 s\KKgT^PsfbjFJd_^s\K\GKdfsF ^ J sgFYXS^PsLYnS^Ps&ns
gRSfsa_S^g sgRKsFaaYSIF^gsX^KlsSLsgRSfsGjfS ^ KffslKdKsL_dsRS\s_ds^_gs*_ds\K sgRKsLSdfgs
gl_sJFnfslKdKsKFfn s gRKsgRSdJsIRFYYK^PS^PsF ^ J sgRKsLSLhRsFs aYKFfjdKs4LsgRKsLSkKsJFnf s
gRKsL_jdgRsJFnsfg__JsFaFdgsLd_\sF Y Y sgRKsdKfgs
-Ls -s lKdKs P_S^Psg_s LYnsgRSfsFSdIdFLh s -slF^gKJsg_sg_jIRs SgsF^JsS^faKIgs Sgs aKdf_^FYYns
9KKS^Ps gRKsWKgs jas IY_fKs lFfs KffK^gTFY s \jIRs YSXKs Fs I_ÎKdgs aSF^Sfgs S ^faKIgT^Ps gRKs
aSF^_sGKL_dKsgRKsI_ÎKdgs>RKsgjd^S^Psa_S^gs_Ls\nsS^gKdkSKlslKKXsF^JsgRKs\_\K^gs
lRK^s -s \FJKs \nsJKISfS_^sg_s LYnsgRKs 98s _IIjddKJs _^sgRKsFLhKd^__^s _LsJFnsL_jds
lRK^s-sP_gsg_sfKKsgRKsWKgs
(%Ds*4@8s
>RKsfgs989s4aKdFgT_^fs4LNUIKdsKfI_dgKJs\ K s_jgsg_sgRKsRF^PFdsFdKFsg_s_GfKdkKsF ^ s
98s YFjÎRs>RKs YFjÎRs SÎYjJKJs gRKs K^PS^Ks fgF dg s gFmSs F ^ J sgFXK_LNs BKsFddSkKJs
KFdYn sF^JslFYXKJsg_sF^sFJWFIK^gsRF^PFdsg_sY__XsFgsF^_gRKds98sjasIY_fKs-^fSJKsgRKs
RF^PFd s gRKdKs lKdKs ^_s f_j^Jfs _Ls JdSYYfs gjd^S^P s I_\adKff_dfs lRS^S^P s _ds \K^s
fR_jgT^Ps -^fgKFJs_LsgRKs^_d\FYs JS^s KÎ_j^gKdKJs S ^ sgRSfsaYFIKs_Ll_dX s gRKsRF^PFds
lFfsfSYK^gs %fs gRKs GYFIXsWKgsfFgs _\S^_jfYns GKL_dKs \K s -s LKYgs\_dKsFfsSLs-s lKdKs S^s Fs
\jfKj\sgRF^sFs RF^PFds>RKsFSdIdFLhslFfs GSPPKdsgRF^s -s RFJsS\FPS^KJ#sSgs lFfs Y_^PsS ^ s
G_Jns-sS ^fgTÎgTkKYnsY__XKJsg_lFdJsgRKsLd_^gsI_IXaSgs- g sfFgslKYYsL_dlFdJs_ L sg RKslS^Pfs
F ^ J sK^PS^ Kf sFfsSLsFgsgRKsgTas_LsFs Y_^Psfl_dJs
'JEâ\@V?a 2a ;99E@J>a6ELS9EâP9S9I5E@J>aP9[9P9J69a6LZE8a
a 2 N NPL26?aV?@SaS@J @SV9PaELLD@J>a6?2IN@LJaL;aSN998a
>RKsfXS^s_LsgRKsF S dIdFLhslFfsd_jPR sdKfK\GYS^PsFsLS^KsPdFJKs_LsfF^JaFaKdsS ^ saYFIKfs
4gRKdsaFdgfs_LsSgfsG_JnsLKYgsYSXKsf\__gRsaYFfgTIs -s GKPF^sg_sdKFYSoKsgRFgsgTgF^Sj\sJ S J s
^_gsI_kKdsKkKdnsfjdLFIKs_LhRKsF S dIdFLhs>RKsKmgKdS_dslFfsfjdadSfS^PYnsSddKPjYFdsL_dsF ^ s
F S daYF^KsGjSYgsL_dsfaKKJ#sS g sRFJs\F^nsPd__kKfsF ^ J sKmaF^fS_^sW_S^gfs>RKsFIgjFYsfXS^s
_LsgRKsFSdIdFLhs \FJKs jasgRKsfRKYYs_LsgRKsLjKYs gF^Xfs>RKdKslKdKs ^_s GYFJJ Kdfs S^fSJKs
gRKfKs LjKYs fg_dFPKs FdKFfs -^fgKFJ s Ffs gRKs F S dIdFLhs dKFIRKJs Sgfs IdjSfS^Ps faKKJs F ^ J s
RKFgKJsja sgRKsfXS^sKmaF^JKJsF ^ J sgTPRgYnsfKFYKJsgRKsLjKYsS^fSJKsgRKsF S daYF^Ks4^sgRKs
Pd_j^J sLjKYsfKKaKJsgRd_jPRs^j\ Kd_jfsW_S^gfsF^JsfKF\fsFY_^PsgRKsFSdIdFLhsIdKFgT^Ps
a__Yfs_LsLjKYs .s6 s_^sgRKsRF^PFdsLY__ds-gslFfs\ Kffn sGjgs^_gsFsLSdKsRFoFdJsfSÎKs.s6s
JSJs^_gsSP^SgKsKFfSYns%fs-sfg__Js gRKdKs^KFdsgRKs\Kffs_LsLYjSJfs__oS^PsLd_\sgRKsfKF\fs
_Ls gRKs F S dIdFLh s -s dKFYSoKJs R_ls IY_fKYns gRKs dKFYs 98s dKfK\ GYKJs gRKs PYjKs fgFS^KJs
\_JKYs-sRFJsGjSYgsFfsFsG_ns
>RKsLYFdKJs KJPKs_LsgRKsLjfKYFPK sIF YYKJsgRKsIRS^K sIjdkKJs GFIXsPdFIKLjYYnsS^g_sgRKs
lS^Pf sIdKFgT^PsFs YSLhS^PsG_JnsgRFgsRKYaKJsdKJjIKsLjKYsI_^fj\ agT_^sFgsRSPRsfaKKJfs-s
IY_fKYns S^faKIgKJs gRSfs GKFfgs lSgRs Fs \SmgjdKs _Ls FlKs F ^ J s dKfaKIgs F^Js dKFYSoKJs gRKs
&YFIXGSdJslFfs\_dKsgRF^s F^s FffK\GYns_LsFSdIdFLhs aFdgf#s Sgs RFJs Fs fgd_^Ps adKfKÎK s
\_dKsa_lKdLjYsgRF^sF^nsF S daYF^Ks-s RFJs KkKdsX^_l^s -s fgjJSKJsgRKs faSXKf!s gRKs YFdPKs
GYFIXs I_^Kfs YKFJS^Ps S^g_sgRKs K^PS^Ks S^gFXKfs >RKSds gTafs lKdKsfRFdasg_sgRKsg_jIRs -s
j^J Kdfg__JsYSggYKsFG_jgsgRKSdsLjÎgT_^ s_^SnsgRFgsgRKnslKdKsaFdgs_LsF ^ sFJkFÎKJsS ^ YKgs
JKfSP^s >RKs S\\K^fKs K^PS^Kfs FYYjJKJs g_s faKKJfs FG_kKs 2FIRs s 2FIRs s KbjFYfs
R K sfaKKJs_Lsf_j^J s
0__XS^Ps jas S^g_s gRKs GFIXs K^Js _Ls gRKs WKg s -s ^_gTIKJs gRKs RjPKs FLhKdGjd^Kds %& s
fKIgT_^fs_LsgRKs.sK^PS^Kfs 2_fgs LSPRgKdsWKgfs RFkKsFLhKdGjd^Kdfs -gs SfsF ^ sKmgK^JKJs
fKIgT_^s_LsgRKsK^PS^KsgRFgsad_JjIKfsFjP\K^gKJsgRdjfgsGKn_^Js ^_d\FYs saKdIK^gs
\ S YSgFdnsa_lKds>RKs^_d\FYsgRd_ggYKsdF^PKsSfsLd_\sSJYKsa_lKdsg_s\ S YSgFdnsa_lKds>RKs
gRd_ggYKfsgRK^sfYSJKs_kKdsFs JKgK^gsg_sK^PFPKsgRKsFLhKdGjd^Kds>RKsFLhKdGjd^KdsdF^PKs
P_KfsLd_\s\S^S\j\sg_s\FmS\j\sFLhKdGjd^Kd s_ds\\s%&sg_s\Fms%&sBRK^sgRKsaSY_gs
fKY KIgfsFLhKdGjd^Kd sdFlsLjKYsSfsJj\aKJsS^g_sgRKsGjd^KdsfKIgT_^s_LhRKsK^PS^KsBRK^s
gRKs LjKYs SP^SgKf s gRKs FLhKdGjd^Kds YSPRgfs _LN s PSkS^Ps gRKs FSdIdFLhs Fs fjdPKs _Ls a_lKds
(KaK^JS^Ps_^sgRKsfSoKs_LsgRKsK^PS^K sFs Y_^PsLYF\KsKmgK^JfsLd_\sgRKsgFSYsK^Js-s GKPF^s
g_sl_^JKdslRFgsLjYYs %&s l_jYJs LKKYs YSXKs S^s gRSfsWKg sLd_\s Fs I_IXaSgs Y_IFgKJs sLKKgs
L_dlFdJs_LsgRKsK^PS^Kfs -sFYf_sl_^JKdKJsSLs-sl_jYJsKkKdsgRS^XsLYnS^PsgRdKKsgT\KfsgRKs
faKKJs_Lsf_j^JsFfsd_jgT ^Ks-sYKLhsgRFgsbjSKgsRF^PFdsF^JsLKYgsFs ^Kdk_jfsF^gTISaFgT_^sFfs
-s S\FPS^KJs aSY_gT^Ps gRSfs GKFfgs >RKs IdKls RFJs FddSkKJs S ^ s gRKSds fjaa_dgs kF^s Fgs Fs
^KFdGnsRF ^PFd sF ^ J sSgslFfsgT\Ksg_slFgIRsF ^ s98 FjÎRs
>RKsfSPRgfsF ^ J sf_j^Jfs_LsgRKsfgFdgsfKbjKÎKsdKfK\ GYKJsFsI_\GS^FgT_^s_LsFs 3%9%s
faFIKsYFjÎRsF ^ J sFs (Fng_^Fs s aSgs IdKlsS ^ sFIgT_^s>RKsfgFdgsIFdgs jfKJsg_s gjd^sgRKs
.?9a Z@6Da < -V2PVa2PVa
.9VP29V?Êa LP2J9a@>J@V9Sa )a 2J8a\@V?a2a

5ZPSVaL;a;F2I9a2 J a-, a9J>@J9a @SaSV2PV98a
\FS^s K^PS^Ks fRFLhs I_^fSfgKJs _Ls gl_s &jSIXs As Fjg_\_GSYKs K^PS^Kfs S ^ s gF ^JK\s %s
IRK\SIFYs FPK^gsIF YYKJs>KgdFKgRnYs &_dF^Ks >)& s lFfs jfKJs g_s SP^SgKsgRKsLjKYs JjdS^Ps
K^PS^Ks fgFdgs F ^ J s lRK^KkKds FLhKdGjd^Kds lFfs fKYKIgKJs &KIFjfKs _Ls gRKs KmgdK\ K s
gK\ aKdFgjdKfsKmaKdSKÎKJsF g sRSPRs faKKJf s gRKsLjKYs lFfsJKfSP^KJs g_s dKfSfgs SP^SgT_^s
j^JKds^_d\FYsI_^JSgT_^fs%fsgRKs.sK^PS^Ksfa__YKJs ja sgRKsaSY_gsfSP^FYKJs RKslFfs
P_S^Psg_sfgFdgsgRKs^j\GKds_^KsK^PS^Ks)FfS^PsgRKsgRd_ggYKsg_sgRKsSJYKsfKggT^PsIFjfKJs
gRKs>)&sg_sRSgsgRKsI_\GjfgT_^sIRF\GKds_LsgRKsK^PS^KsF^JsF^sK\KdFYJsPdKK^sLYF \ K s
Gjdfgs_jgs_ L sg RKsGjd^KdsfKIgT_^s>RKs.sdKFIRKJsS J Y K sa_lKdsF \ SJfgsgRKs^_SfKs_LsgRKs
fIdKF \S^Ps &jSIXfs >RKs f_j^Js _Ls LY__dKJs Afs fKK\KJs _jgs _Ls aYFIKs ^Kmgs g_s gRSfs
LjgjdSfgTIY__XS^PsLYnS^Ps \FIR S^Ks>RKs jad_Fds dKFIRKJs Sgfs IYS\FmsFfsgRKs &jSIXsAfs
dKFIRKJsgRKSdsg_as862sF^JsgRKsK^PS^KsfgF GSYSoKJsS ^ sSJYKs>RSfsfKbjKÎKslFfsdKaKFgKJs
L_dsgRKs^j\GKdsgl_s K^PS^Ks%LhKdsG_gRsK^PS^KfslKdKsfgFdgKJ sgRKsfgFdgsIFdgsl_j^Js
J_l^s F^Js gRKs fgKFJns aSgIRs _Ls SJYS^Ps .fs fjaKdfKJKJs FYYs _gRKds f_j^Jfs >RSfs
I_^gd_YYKJsIRF_fslFfs^_d\FYsfgFdgsad_IKJjdKsL_dsKkKdnsLYSPRgs
BRSYKs\F^nsaK_aYKsfIjddSKJsGK^KFgRsF ^ J sFd_j^JsgRKs&YFIXGSdJ s-slFfsKfI_dgKJsg_s
Fs dFJS_KbjSaaKJs GYjKs IFds gRFgs lFfs FYlFnfs adKfK^gs lRK^s F ^ s 98s gFmSKJs 98s
IdKlfsdKLKddKJsg_sgRSfskKRSIYKsFfsgRKs\_GS Y K sIFds%GYKsg_sI_\\j^SIFgKslSgRsgRKsIdKls
_Ls gRKs F S dIdFLhs F ^ J s _gRKds FPKÎS Kf s gRKs \_GSYKs IdKls _^Ks aSY_gs F^Js _^Ks
8KI_^^FSffFÎKs9nfgK\fs 4LNUIKds 894 sI_jYJs_LNKds FffSfgFÎKslRK^s ^KIKffFdns F ^ J s
R K Y a sI__dJS^FgKsLYSPRgsIRF^PKfs>RKs \_GS Y K sFYf_sfIF^^KJsgRKsgFmSlFnfsF^Js dj^lFns
L_dsF^nsJKGdSfs_ds_GWKIgfsgRFgsI_jYJsadKfK^gsFsRFoFdJsg_sgRKs98sss>RKs\_GS Y K sIdKls
dK\_kKJsF^ngRS^PsYFdPKdsgRF^sgRKsfSoKs _LsFs JS\KsL_j^Js S^s gRKsaFgRs_LsgRKsWKgsBSgRs
^Sgd_PK^sLSYYKJsgTdKfsdSJS^PsFgssafS sgRKs98sI_jYJsKFfSYnsGY_lsFsgTdKsSLsSgsd_YYKJs_kKds
F^nsRFdJs_GWKIgfs
>RKs WKgs gFmSKJs _jgs lSgRs F ^ s K^g_jdFPKs _Ls kKRSIYKf!s \FS^gK^FÎKs gdjIXf s gRKs
aRnfS_Y_PSIFYsfjaa_dgskF^sF ^ J sgRKs\_GSYKsIFds6dS_dsg_sgFXK_LN s gRKsaSY_gsaKdL_d\KJs
F^sK^PS^Ksdj^sS^sFs JKfSP^FgKJsFdKFs^KFdsgRKsdj^lFns
-s lFgIRKJsF^Js YSfgK^KJs FfsgRKs aSY_gs dF^s KFIRs K^PS^Ks jasg_s\SYSgFdns a_lKdsF^Js
IRKIXKJs gRKs 862s F ^ J sgK\ aKdFgjdKfs g_s S^fjdKs FYYs lFfs lKY Y s%gs s a_j^Jfs _Ls
gRdjfg s _^Yns_^Ks K^PS^KslFfs dj^s jasg_s \SYSgFdns a_lKdsFgsFs gT\Ks >RKsWKgfsKmRFjfgs
XSIXKJs jasFslRSdYlS^Js_LsJjfgsF^JsJKGdSfsGKRS^JsgRKsdj^s jasFdKFs>RKsf_j^Js _LsgRKs
K^PS^KfsfKgsgRSfsJFnsFaFdgs>RKsPjggnsd_Fds_LsgRKs.fsPdFGGKJs\nsS^fSJKfsF^JsgjPPKJs
Fgs\Ks>RSfsK^PS^Ksf_j^JslFfsG_d^sLd_\s fsgKIR^_Y_PnsF ^ J slFfsFsgdFJK\FdXs_Ls
gRKs 'K^gjdns9KdSKfsLSPRgKdfs-s lFfsG_d^sg__sYFgKsg_sLYns>RKs_YJKdsWKgfslKdKsY_jJ sGSP s
F ^ J sGjSYgsf_YSJYns3KlsgKIR^_Y_PnsK\ KdPKJsS^sgRKs fsF^Js-sRFJsLY_l^sF S dIdFLhslSgRs
gRKs^KlKdsLF^sWKgfs>RKfKsK^PS^KfslKdKs\_dKsLjKYsKLNUISK^gsGjgsgRKnsJSJ^gsf_j^JsgRKs
J aV?9aPZJZNa2P92a2a -E98a\2@VSa;LPaV2 D9L;<a
'Ja V2D9L;<aPLEEaV?9a -E98a PL2P98a @Ja ;ZEEa2;W9P5ZPJ9PaE@D9aJLaLV?9Pa

fF\K s^_dslKdKsgRKnsFfsdjPPKJs>RKs98sfg__Js GKL_dKs\KsFfsf_\KgRS^Ps_jgs_LsgRKs
aFfgs -gs RFJsFYYsgRKsJKLSFÎKsF^Js adSJKs_LsgRKs_YJKdsWKgf s gRKs XS^JsgRFgs RFJs \FJKsFs
nKFd_YJs G_nsS ^ s slF^gsg_sLYns%fsgRSfsf_j^Js aK^KgdFgKJs \ns KFdf s -s FPFS^sLKYgs
gRFgsfF \ K sJKfSdKs-sl_ddSKJsYSggYKs^_lsFG_jgsfaFIKsfjSgsJ SfI_\L_dgs_dslRFgsFLNKIgsgRSfs
FffSP^\K^gsl_jYJsRFkKs_^s\nsIFdKKds_ds\nsaKdf_^FYsYSLKs>RKs&YFIXGSdJslFfsgFYXS^Ps
g_s\KsF ^ J s-slFfsYSfgK^S^Ps
-s fg__Js RF YLlFns J_l^s gRKs dj^lFns g_s lFgIRs gRKs gFXK_LNs >RKs aSY_gs YSgs gRKs
FLhKdGjd^Kdfs F^Js -s RKFdJs gl_s JSfgTÎgs G__\fs gRFgs f_j^JKJs YSXKs IF^^_^fs S^s gRKs
JSfgFÎKs %fs gRKsWKgs aFffKJs \K s gRKs gRj^J Kd_jf s aSKdIS^Psf_j^Js _LhRKs K^PS^KfsFgs
\FmS\j\sa_lKdslFfs^_gsf_s\jIRsRKFdJsFfsSgslFfsLKYgs>RKsf_j^JskSGdFgKJs\nsG_Jns
F ^ J sdKFIRKJs S^sF^JsPdFGGKJs \nsf_jYs -gsRFJs \Ks ,KdKslFfsFsWKgsGjSYgsY_^PsFP_ sfgT YYs
LYnS^PsgRKs fF\Ks \SffS_^s L_ds lRSIRs Sgs RFJs GKK^s JKfSP^KJs -gsI_jYJs P_s aYFIKfs_gRKds
F S daYF^KfsI_jYJ^g sF ^ J sGdS^PsGFIXsS^gKYY SPKÎKsS^L_d\FgT_^skSgFYsg_s_jds^FgT_^s-gslFfs
aYFnS^PsL_dsXKKafsF ^ J sfgTYYslS^^S^Ps-slF^gKJsg_sGKsFs aFdgs_LsSgs
-3>)8A-)Bs9 - 2 s
(FnsL_jds_ L sg RKsS^gKdkSKlsRFJsGKK^sgRKs\_fgsS^faSdS ^P sGjgsJFnsgRdKKsRFJsGKK^sgRKs

\_fgs IRFYYK^PS^Ps -gs I_^fSfgKJs _Ls Fs LF \SYSF dSoFgT_^s F^Js KkFYjFgT_^s S^s gRKs 98s
fS\jYFg_ds fS\ s %s _^Ks R_jds GdSKLS^Ps adKIKJKJs gRKs fS\jYFg_ds fKffS_^s %^s 98s
S^fgdjIg_dsaSY_gsp - 6 sdKkSKlKJsFslKFYgRs_LsS^L_d\FgT_^sFG_jgsgRKsflSgIRKf sY KkKdf sF^Js
PFjPKfsS^sgRKsI_IXaSgs%fs-sPFoKJsS^gK^gYnsFgsgRKsI_IXaSgsJdFlS^PfsF^JsgdSKJsg_sFGf_dGs
\nsS^fgdjIg_dfsl_dJf s-sL_j^Js\nfKYLsLS YYKJslSgRsl_^JKdsFgsPYS\afS^PsFgsgRKsS^fSJKs_Ls
F^sF S dIdFLhsgRFgsRFJs GKK^sf_sfKIdKgsL_dsf_sY_^Ps
%d\KJslSgRs\nsfaFdfKsX^_lYKJPKs_LsI_IXaSgsflSgIR_Y_Pn s-sIYS\GKJsS^g_sgRKs98s
fS\jYFg_ds >RKs -6s lFfs P_S^Psg_s KkFYjFgKs \ns LYnS^Ps fXSYYf s _dsf_s -s gR_jPRgs ,Ks lFfs
FIgjFYYnsP_S^Psg_sgKfgs\nsfgdKffsIFaFISgns)kK^slSgRsgRKsadKkS_jfsR_jdfsS ^fgdjIgT_^ s -s
LKYgs jâdKaFdKJs g_s ad_aKdYns LYns gRSfsfS\ s Gjgs -s lFf^gs P_S^Psg_s YKgs RS\s X^_lsgRFgs
)kKdn_^KslF^gKJsg_sY__XsP__J sF^JsLSPRgKdsaSY_gfsl_jYJs dFgRKdsJSKsgRF^s Y__XsGF J s-s
lFfsFG_jgsg_sJSKs
BSgRs Fs JKFgRs PdSas _^s gRKs fgTIXs F^Js KnKfs fIF^^S^Ps LdF^gTIFYYns FId_ffs Fs R_fgT Y K s
S^fgdj\K^gs aF^KY s -s JKk_gKJs RFYLs \ n s fgdK^PgRs g_s FaaKFdS^Ps j^LYjfgKdKJs F^Js S ^ s
I_^gd_Ys>RKs-s6sGFSgKJs\KslSgRsKFfns\F^ KjkKdfsF ^ J s-sPFS^KJsF ^ sF dgTLSISFYsfK^fKs_ L sI_^q
LSJKÎKs,Ksg_YJs\Ks-slFfsJ_S^PslKYYsF^JsFfXKJsSLs-sl_jYJsYSXKsg_sgdns2FIRssfaKKJs%YdKFJns
_kKdY_F JKJ s -s jggKdKJs Fs lKFXs dKfa_^fKs F^Js R_aKJs Sgs f_j^JKJs a_fSgTkKs %PFS^s gRKs
S^fgdjIg_ds PFkKs \Ks F ^ s KFfns fIK^FdS_s F^Js -s L_j^Js Sgs Fs GSgs fjddKFYs g_s fKKs gRKs
2FIRsS^J SIFg_dsdKFJss>Rd_jPR_jgsSgsFYY sgRKsS ^fgdjIg_dsbjKfgT_^KJs\K sgKfgT^Ps\ns
dKIFYYsF^JsFJFagFGSYSgnsg_s Fs ^KlsI_IXaSgs>RKsfgdKffsYKkKYs\_j^gKJs -slFfsg_YJs -slFfs
J_S^PslKYYsFgs2FIRss%fs-slFfsPF S^S^Psf_\KsI_^LSJKÎK s-slFfsFfXKJsSLs-sl_jYJsYSXKsg_s
gdnsg_s\FS^gF S ^ s2FIRs sLYSPRgslSgR_jgsgRKsFSJs_LsgRKsfgFGSYSgnsFjP\K^gFgT_^sfnfgK\s
9%9 s 2_fgs RSPRs aKdL_d\FÎKs FS dIdFLhs RFkKs gRSfs fnfgK\ s F^Js ^_d\FYYns Sgs Sfs ^KkKds
gjd^KJs _LNs S^s LYSPRgs >RKs 9%9s RKYafsWKgfs dK\FS^s fgFGYKs Fgs GdKFX^KIXs faKKJfs 2ns
S^fgdjIg_dsFffjdKJs\ K sSgslFfsbjSgKsFYYsdSPRgs%fs-sgjd^KJsgRKs9%9s_LNs-sgR_jPRg s>R KfKs
Pjnfs \jfgs GKsgKddSLSIsaSY_gfsg_s LYnsYSXKsgRSfs-s \FS^gF S^KJsI_^gd_Ys L_dsgRdKKsfKI_^Jf s
gRK^sgRKsfS\s JSKJsBSgRsFs JSfRKFdgK^S^PsgRjJsF Y Y sPFjPKfsfg_aaKJsLjÎgT_^S^PsF^Js
gRKsYSPRgfsLYSIXKdKJs_LNsBSgRsG_gRsRF^JfsIYjgIRS^PsgRKsfgTIX s -sfgFdKJsGYF^XYnsFgsLd_oK^s
I_IXaSgs S^fgdj\ K^gfs - ^ sFs PdFkKs g_^K s \ns S ^fgdjIg_ds F^^_jÎKJs -s RFJs Gd_XK^s gRKs
fS\jYFg_ds 2ns+_J s -s gR_jPRg s gRKns gdjfgKJs \KslSgRsF Y Y sgRSfsfKIdKgs S^L_d\FgT_^s
F ^ J s-s Gd_XKsgRKs\SYYS_^sJ_YYFdsfS\sBSgRsFs Y_^PsLFIKsF ^ J s\_dKsfRFXS^Ps_LsRSfsRKFJ s
\nsS ^fgdjIg_dsbjSKgYnsFfXKJs\ K sg_sPKgs_jgs_LsgRKsfS\sF^JsFJJKJs RKslFfsJ_jGgLjYsSLs
gRKnsI_jYJsLSmsSgsF^ngT\Ksf__^s%YYs adKfK^gsFPdKKJsgRKnsRFJs^KkKdsfKK^sF^n_^KsJ_s
F^ngRS^PsYSXKsgRSfsGKL_dKs-slFfsGFdKYnsFGYKsg_slFYXs(dKÎRKJsS^sflKFg s-sdKgdKFgKJsg_s
gRKsI_YJsfSYKÎKs_LsgRKsGdSKLS^Psd__\s -s fFgsgRKdKsLKKYS^PsFs Y_gs YSXKsgRKsXSJslR_sWjfgs
ldKIXKJs (FJfs IFds BRSYKs -s lFfs S\FPS^S^Ps\ns S ^fgdjIg_ds F^Js gRKs fS\s gKIR^SISF^fs
JSfIjffS^Ps\nsYFIXs_LsLYnS^PsFGSY Sgn sgRKnslKdK s S^sLFIg s RFkS^PsbjSgKsFs IRjIXYKs>RSfs
lFfsFYYs aFdgs_LsgRKsfgdKffsgKfgsDKFdfsYFgKdsgRKsfF \ K sS ^fgdjIg_dsI_^LSJKJs S^s\KsgRFgs-s
RFJsJ_^KskKdnslKYYsS ^ sgRFgsaRFfKs_LsgRKsS^gKdkSKl sF ^ J sR K sRFJsfgd_^PYnsK^J_dfKJs\ns
fKY KIgT_^sL_dsgdFS^S^Ps
',%6>)8s- - s
Uk .]A[9]9eXUk
>,)s+ @ D s- 3 s&%'/s
>RKs 98s IFddSKJs Fs IdKls _Ls gl_s FYgR_jPRs f_\Ks JFnfs Sgs fKK\KJs YSXKs gRKs IdKls
IFddSKJsgRKsFSdaYF^Ks>RKs \F^s S^s Ld_^gslFfsgRKsaSY_gsF^JsJSJsF Y Y sgRKsLYnS^Ps>RKs\F^s
fSggT^PsL_jdsLKKgsGKRS^JsgRKsaSY_gsl_dKsgRKslS^Pfs_LsF ^ s%Sds*_dIKs^FkSPFg_dsF ^ J slFfs
gRKs 894s ,Ks \F^FPKJs gRKsf_aRSfgTIFgKJs ^FkSPFgT_^s F^JsfK^f_dsKbjSa\K^g s GjgsRSfs
JjgTKfs lK^gs LFds GKn_^Js ^FkSPFgT^Ps F^Js FIgTkFgT^Ps IF\KdFfs ,Ks RF^JYKJs gRKs
KYKIgd_^SIs JKLK^fSkKs fnfgK\f s _aKdFgKJs L_jdsdFJS_fsI_^gT^j_jfYn s F^Js lFfsFs LYSPRgs
K^PS^KKdslRK^sgRKsaSY_gs^KKJKJsFsad_GYK\sdKf_YkKJs>RKdKslKdKsJFnf sg__ slRK^sR K s
lFfsFsIRKKdYKFJKdsF ^ J sFsI_FIRs,_lslKYYsgRKsPjnsS ^ sGFIXs +-& sGFYFÎKJsgRKfKsgFfXfs
JSdKIgYnsFLNKIgKJsgRKs\SffS_^s
>RKdKslFfsFs JSfgTÎgsJSkSfS_^s_LsJjgTKfsGKglKK^sI_IXaSgf sGjgsgRKs^FgjdKs_LsgRKsWKgs
F ^ J sSgfs\SffS_^sdKbjSdKJsFsI__dJ S^FgKJsKLN_dgsGnsgRKsIdKlsS^sF Y Y saRFfKfs_Ls_aKdFgT_^fs
6SY_gsF ^ J s894slKdKsaFSdKJsFgsgRKsfgFdgs_LsgdFS^S^PsF ^ J sdK\FS^KJsFs IdKlsgRd_jPR_jgs
gRKSdsg_jd s ^_d\FYYnsLYnS^Ps_^YnslSgRs KFIRs_gRKds -s P_gsg_sX^_ls\ns894skKdnslKY Y s-s
lFfs YjIXn#s ^_gs_^YnslFfs RKs KmgdK\KYnsI_\aKgK^g sR K slFfsFs P__Js LdS K^J sg__s 2_fgs
aSY_gfsLKYgsgRSfslFnsFG_jgsgRKSds894fs>_s\K s \nsGFIXfKFgKdslFfsgRKsGKfgs894sS^sgRKs
fbjFJd_^ sF ^ J sSgslFfsFsadSkSYKPKsg_sLYnslSgRsRS\s,Sfs^F\KslFfsBFYgsBFgf_^ sF ^ J sRKs
lFfsgRKs_^YnsGYFIXs\F^sKkKdsFffSP^KJsg_sLYnsgRKs98s
-s FYlFnfsLKYgsFs YSggYKsf_ddnsL_dsBFYgsGKIFjfKsRKsI_jYJ^gsfKKs\jIRsLd_\s gRKs GFIXs
fKFgs ,SfsRKFJslFfs^_d\FYYnsJ_l^slRSYKsRKsaKdL_d\KJsFs \ j YgTgjJKs_LsgFfXfs ,SfsW_Gs
fFgTfLFIgT_^s IF\Ks Ld_\s aKdL_d\ S^Ps RSfs \SffS_^s lKYYs F ^ J s PKggT ^Ps gRKs aSIgjdKfs
9_\KgT\KfslKsJSJ^gsj^JKdfgF^JslRFgsgRKs_gRKdslFfsP_S^PsgRd_jPR sGjgslKsFYlFnfs
JKaK^JKJs_^sKFIRs_gRKds(jdS^PsL_jdsnKFdfs_LsfRFdS^PsFs\ndSFJs_LsK\_gT_^fslSgRsgRKs
WKgsF ^ J sKFIRs_gRKd slKsL_d\KJsFs G_^Js_Ls\jgjFYsdKfaKIgsF ^ J sLdSK^JfRSasgRFgslSYYsYFfgs
gRKs dKfgs _Ls_jds YSkKfs BFYgs jfKJs g_s fFnsgRFgslKs YFfgKJs Y_^PKds g_PKgRKds gRF^s \_fgs
\F ddSFPKfs
< 6P9\a@Sa;LPI98aP@2Ja2J8a12EV9Pa V?9a ;@>?V9PaN@ELVa2J8aV?9a 9J>@J99Pa
Va\2Sa2a V\La I2Ja 2@PNE2J9a < E2P>9aN2PVaL;aV?9aVP2@J@J>a\2Sa89[LV98aVLa

V926?@J>aZSa?L\aVLa;Fâ@Ja 6LJ69PVa;PLIa V\La6LINE9V9Eâ8@;<9P9JVa6L6DN@VSa
- 3 s>,)s&4Cs
-gs g__Xs IY_fKs g_s KYKkK^s \_^gRfs g_s I_\aYKgKs gdFS^S^Ps S^s gRKs 98s BRSYKs gRKs
fKI_^Js RFYLs_LsgdFS^S^PslFfs \_fgYnsLYnS^PsgRKsWKgsF^JsFIIdjS^PsLYSPRgsR_jdf s gRKsLSdfgs
RFYLs_LsgdFS^S^PslFfsg_dgjd_jfsGKIFjfKs_LsgRKs\F^nsR_jdfsfaK^gsS^sgRKsfS\jYFg_ds2 n s
894s S^L_d\KJs \KsRKsK^W_nKJsfS\jYFg_dsfKffS_^fsFfs\jIRsFfsR K sK^W_nKJsd__gsIF^FYs
l_dXs
*YnS^PsF^sFSdIdFLhsIY_fKsg_sgRKsKJPKs_LsSgfsaKdL_d\FÎKsK^kKY_aKs\KF^gsgRS^PfsP_gs
fIFdns S^sFs Rj ddns lRK^s KkK^s gRKs fYSPRgKfgs \FYLjÎgT_^s _IIjddKJs 9S\jYFg_dsgdFS^S^Ps
PFkKs 9YKJs IdKlfs KmaKdSKÎKs lSgRs ^KFdYns KkKdns gnaKs _Ls \F YLjÎgT_^s GKL_dKs Sgs
RFaaK^KJsg_sgRK\sS^sFIgjFYsLYSPRgs%YgR_jPRsKkKdn_^KsFPdKKJslSgRsgRSfs_GWKIgTkK sSgs
lFfsRKYYsfgj\GYS^Ps_jdslFnsgRd_jPRsgRKsYKFd^S^Psad_IKffs>RKsflKFgf_F XKJGYF^Xq
fgFdKFgFJnS^PS^fgdj\K^gaF^KYs Y__X s S^gd_JjIKJs JjdS^Ps gRKs S^gKdkSKls fS\ s lFfs
dKYSkKJs_LhK^s
2_fgsIdKlfslKdKsfK^S_ds'FagFS^fs_ds2FW_dfslSgRsgK^snKFdfsLYnS^PsKmaKdSKÎKs>RKns
lKdKsfKYKIgKJsg_sLYnsgRKs98sGKIFjfKsgRKnslKdKsKmaKdSKÎKJsF^JsgRKnslKdKsP__Js
>RKnsJ S J^gsLKKYsKSgRKdsJjdS^Ps\F^nsJFnfsS^sgRKsfS\s%gsgRKSdsL_d\Kdsj^SgfsgRKnslKdKs
F Y Y sFIIjfg_\KJsg_sGKS^PsgRKsg_asaKdL_d\Kdfs-gslFf^gsF^sKFfnsad_IKffsg_slFgIRsG_gRs
K^PS^Ks gK\ aKdFgjdKfs F ^ J s aSY_gfs KP_fs dKFIRs GdKFXS^Ps a_S^gfs JjdS^Ps fgdKffLjYs
\_\K^gfs S^s gRKs fS\s )kKdn_^Ks lFfs Rj\GYKJs S ^ s gRKs fS\ s _ds gRKs G_m s Ffs Sgs lFfs
I_\\_^YnsIF YYKJs
BSgRs Fs f\F Y Y s ^j\ GKds _Ls IdKlfs _^s fgFgT_^s Fgs F^ns_^KsgT\K s lKsl_jYJsFJ\S ^SfgKds
fS\jYFg_dsfKffS_^fsg_s_gRKdfslRK^s_jdsgdFS^S^PslFfsI_\aYKgKJs9jaKdkSfS^PsfS\fslFfs
Fsgl_\F^sW_Gs%^sS^fgdjIg_ds894sfFgsFgsFsYFdPKsI_^f_YKsKbjSaaKJslSgRsgRKsdKFJ_jgfs
_LsgRKsGFIXfKFgKdfsI_IXaSgsS^fgdj\K^gfs>RKsS ^fgdjIg_dsaSY_gsfFgsJS dKIgYnsGKRS^JsgRKs
aSY_g sfjdd_j^JKJslSgRsFsI_\aYKgKsfKYKIgT_^s_LsflSgIRKfsJKfSP^KJsg_sldKFXsRFk_Is_^s
F S dIdFLhsfnfgK\fsF ^ J sGdS^PsIdKlfsg_sgRKSdsX^KKfs>RKsaSY_gsF ^ J sRSfsS ^fgdjIg_d sF^JsgRKs
894s F ^ J s RSfs S^fgdjIg_d s lKdKs S^s fKaFdFgKs fS\j YFg_dfs F^Js F Y Y s L_jds aK_aYKs
I_\\j^SIFgKJs gRd_jPRs RKF JfKgfs R__XKJs S^g_s gRKs S^gKdI_\s fnfgK\s
>RKsXKnsg_sFsfjIIKffLjYsfS\jYFg_ds\SffS_^ sS^JKKJ sgRKsXKnsg_sFsfjIIKffLjYsFSdIdFLhs
\SffS_^ s lFfsIYKFdsF^Js I_ÎSfKs I_\\j^SIFgT_^s GKglKK^s gRKs IdKls 9S\aYKs Ffs gRSfs
f_j^Jf s dKYFnS^Ps S^L_d\FgT_^s GKglKK^s I_IXaSgfs lSgRs LKls fS\SYFdsPFjPKfs dKbjSdKJs
f_\KsL_dKgR_jPRgs'_\\j^ SIFgT_^sGKIF\Ks\_dKsIdSgTIFYslRK^sgRKsfS\slFfsI_\S^Ps
FaFdgs (jdS^PsfjIRsK\ KdPKÎSKf s -s ^KKJKJsg_sdKYFnsg_s \ns894sgRKsadKISfKs^FgjdKs_Ls
gRKs ad_GYK\s f_s RKs I_jYJs dKFJs gRKs ^KIKffFdns I_ddKIgTkKs fgKafs Ld_\s gRKs ad_aKds
IRKIXYSfgs%fs-sfgdjPPYKJsg_sSJK^gTLnsgRKs\FYLjÎgT_^ sIdSgTIFYsfKI_^JfsaFffKJ sIdKFgT^Ps
F J JSgT_^FYsad_GYK\fs 2 F ^nsFs RSYFdS_jfsjggKdF ÎKsIF \ K sL_dgRsLd_\sgRKsLd_^gsI_IXaSgs
S^sgRKsRKFgs_LsFsfKffS_^ sYKFkS^PsgRKsPjnsS^sGFIXsg_gFYYnsI_^LjfKJs4^KsgT\Ks-sGKIF\Ks
.?9P9a\2Sa IZ6?aVLa E92PJa2 J 8 aV?9a5LLDSa
6LZE8JVaE92[9aV?9a 5Z@E8@J>a
< S@Ia @JSVPZ6VLPa P9[@9\Sa

SVZ89JVSa Va \@EEa 9J6LIN2SSa V?9a 9JVAP9a \9SV9PJa
/ J@V98a -V2V9Sa NE9JVâ L;a VAI9a ;LPa V?9a @JSVPZ6VLPa
VLa6P92V9aIZEVANE9a9I9P>9J6@9Sa
.?9aS@Ia @JSVPZ6VLPa P926?9Sa;LPaV?9a ;2 @EaS\@V6?9Sa9JSZP@J>a

2a I@S9P25E9aVAI9a;LPaV?9a>Z^Sa @JaV?9a5L]a
f_sK^Pd_ffKJsS^s JKfIdSGS^PsS^J SIFgT_^fsg_s\ns894 s\nsl_dJfsGKIF\Ksj^S^gKYYSPSGYKs-s
RFJs^_sIYjKslRnsgRKsfS\slFfs_jgs_LsI_^gd_Ys-sadKffKJs_^sj^JFj^gKJslSgRsKkK^s\_dKs
l_dJf sfS\SYFdsg_sdFSfS^Ps\nsk_SIKsg_sFsL_dKSP^KdsS^sR_aKfsRKslSYYs GKggKdsj^J KdfgF ^ J s
\nsYF^PjFPKs 2nsS^fgdjIg_ds\KdISLjYYnsajgsgRKsfS\s_ ^ sLdKKoKs -s gjd^KJs Fd_j^JsF ^ J s
dKFYSoKJsBFYgsRFJsIYS\GKJs_jgs_ L sR SfsfS\jYFg_dsI_IXaSgsF ^ J sFY_^PslSgRs\ n sS ^fgdjIg_d s
lFfs aKKdS^Ps _kKds \ns fR_jYJKds >_gF YYns LdjfgdFgKJ s BFYgs FfXKJs g_s GKs fR_l^s
gRKsPFjPKfslSgRsgRKs^Kls^F\Kfs
>RKsI_\\j^SIFgT_^s ad_GYK\s RFJsg_s GKsf_YkKJsBFYgsF ^ J s-sfaK^gsR_jdfsfSggT ^Ps_^s
gRKsLY__ds_LsRSfsJK^ sYKFd^S^Psg_sfaKFXsg_sKFIRs_gRKdsS^sfR_dgRF^JsFG_jgsK\KdPKÎns
ad_IKJjdKfs>RSfslFfs^_sKFfnsgFfXsBFYgslFfsF^sK^PS^KKdslR_slF^gKJsJKgFSYf#s-slFfs
Fs LSPRgKdsaSY_gslR_sgFYXKJs S^s FJkKdGfs )kK^gjFYYnslKsP_gsGKggKdsF^Jsad_PdKffKJslKYYs
gRd_jPRsgRKsfS\saRFfKs
>RKsgjd^S^Psa_S^gsL_dsjfsIF \ K slRK^slKsJSJs FsfS\aYKsgRS^PsgRFgsFLNKIgKJsgRKsdKfgs
_Ls_jdsJFnfs S^s gRKs &YFIXGSdJsBKsRFJsgRKsfS\sg_s _jdfKYkKfs_^KsJFn sF^JsJKISJKJsg_s
fR_ls KFIRs _gRKds gRKs JKgFSYfs _Ls lRFgs lK^gs _^s S ^ s gRKs _gRKds \F^fs I_IXaSgs BFYgs
KFPKdYnsajgs\KsS^sRSfsfKFg sF^JsL_dsF^sR_jdsRKsfR_lKJs\KsF Y Y sgRKs894sRFJsg_sI_^gK^Js
lSgRs ,Sfsl_dXY_FJslFfs\_dKs_kKdlRKY\S^PsgRF^s -s RFJsgR_jPRgs -s gRK^s S^gd_JjIKJs
RS\sg_sgRKsLd_^gsfKFgsF^JsYKgsRS\sgdnsJdSkS^PsL_dsFslRSYKs,KslFfsKmRFjfgKJsBKsP_gs
\_dKs Ld_\s gR_fKs LKls R_jdfs gRF^s F^ns adKkS_jfs fS\s lKs RFJs BKs Y__XKJs Fgs KFIRs
_gRKdfs W_Gs JSLNKdK^gYns F ^ J s lFYXKJs _jgs _Ls gRKs fS\jYFg_ds GjSYJS^Ps lSgRs Fs ^Kls
j^JKdfgF ^JS^Ps _Ls KFIRs _gRKds Ffs ad_LKffS_^FYfs F^Js LdSK^Jfs >RKs gRdKFJs _Ls \jgjFYs
dKfaKIgsl_kK^sgRFgsJFnsK^FGYKJsjfsg_sPKgsgRd_jPRs\F^nsgdnS^PsLYSPRgfsYFgKds
3_gs FYYs _Ls _jds gdF S ^ S^Psg__Xs aYFIKs S^s gRKs fS\jYFg_ds BKs YKFd^KJs FG_jgs 98s
fnfgK\fs S^s faKISFYs IYFffKfs lSgRs _^Yns gRKs S^fgdjIg_d s gRKs aSY_gs F ^ J s gRKs 894s S ^ s
FggK^JFÎKs4^YnsFsLKlsIdKlfsK^gKdKJsgdFS^S^PsKFIRsnKFd sf_sFIF J K\SIsIYFffKfslKdKs
f\FYYsBKsYKFd^KJs LFfIS^FgT^Ps gRS^PfsFG_jgsgRKs FSdaYF^Ks *_dsKmF\aYK s .6s fKdkKJs
^_gs _^Yns Ffs Fs LjKY s Gjgs Ffs Fs I__YF^gs F^Js Fs RnJdFjYSIs LY jSJs Ffs lKYYs 9_\Ks _Ls gRKs
&YFIXGSdJfsfnfgK\fsRFJsg_slSgRfgF ^ J sKmgdK\KsgK\aKdFgjdKfsgRFgsdKfjYgKJsLd_\sRSPRs
2FIRs *jKYslFfsd_jgKJsFd_j^JsgRKfKsfnfgK\fsg_sFGf_dGsRKFgsF ^ J sIFddnsSgsFlFns>RKs
K^PS^Ks_SYslFfsgRSIXsYSXKsaKF^jgsGjggKdsGKL_dKsfgFdg sGjgsgRK^sLY_lKJsf\__gRYnslRK^s
RKFgKJsjas>RKsWKgsKmaF ^JKJsgRdKKsg_sL_jdsSÎRKfsj^JKdsgRKsRKFgs_LsfjfgFS^KJsRSPRs
faKKJs._S^gfslKdKs JKfSP^KJs S^g_sgRKs FSdaYF^Ksg_s FII_\\_JFgKs gRSfs KmaF^fS_^s S^s
LYSPRgs@ ^JKds^_d\FYsgK\ aKdFgjdKfs_^sgRKsPd_j^J sgRKsW KgsYKFXKJsLjKYsad_LjfKYnsLd_\s
gRKfKsW_S^gfs>Rd_jPR_jgs_jdsgdFS^S^P sgRKsWKgfsaKdf_^FYSgnsI_^gT^jKJsg_sPd_lsFfslKs
YKFd^KJs\_dKsFG_jgsgRKsPK^Sjfs_LsSgfsI_^fgdjIgT_^s
a 2%-#< #+.82<1 <!1.,<%-3 -2 <$ 3< ,;%-#+:< ,., -32< !5 1<
2$63.8-< 3$ <%-2% < 2%-#<.!<3$ < -#%- <%2<..+<3.< 3$ <3.6$<
<-%#$3< 233(< -#%- <16-<6- 1<< !6++<,..-<

$ <8$.+ <2 <8%++<$ 1<3$ <1.1<.!< 3$ < a
- 3 s>,8@9>sB ) s>8@9>s
.Kgs aSY_gfs RFkKs Fs aKdf_^FYs dKYFgT_^fRSas lSgRs gRKSds K^PS^Kfs -^s LYSPRgs gRKs K^PS^Kfs
lKdKs \ns YKPfs )^PS^Kfs XKKasaSY_gfsFYSkKsF ^ J sGdS^PsgRK\s GFIXsLd_\s gRKs LdFns -s lFfs
aFdgTIjYFdYnsS^gKdKfgKJsS ^ sgRKs98 fsK^PS^KfsGKIFjfKsgRKnsI_jYJsgFXKs\ K s_jgsg_sgRKs
KJPKs_LslRKdKsFSdsGdKFgRS^PsWKgfsI_jYJs_aKdFgK sF^JsfjfgFS^s \KsgRKdKsS^sgRKsLFIKs_Ls
R_fgT Y K sgRdKFgfs
>l_s 6dFggs BRSg^Kns .>s (s K^PS^Kfs a_lKdKJs gRKs 98s >RKs \SY SgFdns
JKfSP^FgT_^sL_dsgRKsa_lKdsaYF^gslFfsfS\aYns.sBSgR_jgsSgfsgl_s.f sgRKs&YFIXGSdJs
l_jYJs ^KkKdsRFkKsGKK^s gRKsgR_d_jPRGdKJs SgslFfs>RKfKsK^PS^KfsfjaaYSKJs \KslSgRs
\ns_^YnslKFa_^!sfaKKJs -sY_kKJs^_saFdgs_LsgRSfsFSdIdFLhs\_dKs
-sRFJsFsIRFÎKsg_skSKlsF^sK^PS^KsjasIY_fKsGKL_dKsKkKdsLYnS^PsgRKsWKgs-gslFfsFsGdjgKs
&jSYgsS^sgRKsKFdYns f sSgslFfsLFfRS_^KJsGKL_dKsgRKsFddSkFYs_LsgRKsYSPRglKSPRgs\KgFYfs
_LsYFgKdsnKFdfs6_dgT_^fs_LsgRKsIFfS^PslKdKs\_YJKJslSgRsaYFgT^j\sF^Js P_YJs>R_jPRs
fYSPRgYnsRKFknsGnsg_JFn fsfgF^JFdJf sSgslFfsF^sK^PS^KslSgRsRKFdgsgRFgslFfsGjSYgsg_sYFfgs
-sLKYgsF^sSÎdKFfS^PsfK^fKs_LsI_^LSJKÎKsF ^ J sFlKsFG_jgsgRSfs\nfgKdS_jfsWKg#s -slF^gKJs
g_sLKKYsgR_fKs.fsjasFgsFYgTgjJKslRKdKsgRKnsGKY_^PKJs
-sRFJsF^s_aa_dgj^Sgnsg_sfKKsgRKs.s_^sFsgKfgsfgF ^ J sJjdS^Ps^SPRgsK^PS^Ksdj^fs*Kls
\ S YSgFdns GFfKfs S^kSgKJs GFfKs aKdf_^^KYsg_s FggK^Js gRKskSKlS^Ps_LsK^PS^Ks dj^fs &KFYKs
lFfsgRKsKmIKagT_^sg_sgRSfsadFIgTIK sGKIFjfKsgRKs.sS^sLjYYsa_lKdsad_kSJKJsFsj^SbjKs
faKIgFIYKsg_sgRKsId_lJs%YgR_jPRsS^LdKbjK^g sgRSfsKkK^gsFYlFnfsJdKlsId_lJfsB_dJs
fadKFJs gRd_jPRs gRKs BS^Ps F^Js ^_gTIKfs FaaKFdKJs _^s GjYYKgT^s G_FdJfs ^_gT^Ps gRKs
fIRKJjYKJs JFgKs F ^ J s gT\Ks 3_s _^Ks lFfs FJ\ SggKJs lSgR_jgs KFds aY jPfs -s lSg^KffKJs
fKkKdFY sF ^ J sKFIRsgT\Ks -s K^W_nKJslFgIRS^PsgRKs j^S^SgTFgKJsId_lJs ajfRsIY_fKsg_sgRKs
fFLKgns YS^Ks S^s F^gTIS aFgT_^s _LsgRKs K^PS^Ks fgFdgs %fs gRKs K^PS^KslFfsgFXK^s jasg_s LjYYs
a_lKd s -s lFgIRKJsgRKsfaKIgFg_dfsgFXKsfKkKdFYsYF dPKsfgKafs GFIXlFdJs S^s j^Sf_^ slSgRs
fYSPRgs gdFIKfs _Ls LKFds F ^ J s FlKs _^s gRKSds LFIKfs >RKs f_j^Js lFfs GKn_^Js JKFLK^S^Ps
9gF^JS^Ps LSLhns LKKgs FlFn s \ns K^gTdKs G_Jns kSGdFgKJs Ld_\s gRKs RSPRs JKISGKYs YKkKYs -s
dK\K\GKdsLKKYS^Ps gRKs GjooS^Ps kSGdFgT_^s _Ls \ns IRKKXs G_^Ks Ffs -s dFSfKJs Fs IF \KdFs
FPFS^fgsSgs4^Ks^SPRgsFLhKdsgRKsdj^slFfs_kKd sF ^ sK^PS^KsfaKISFYSfgsg__Xs\ K s_kKdsg_sgRKs
K^PS^KsF ^ J sajgsRSfsRF^Js_^sgRKsS^fSJKs_LsgRKsIFfS^P slRKdKs\_\K^gfsGKL_dKs -s RFJs
lSg^KffKJsF ^ sS^gK^fKsLYF\Ks,KslFfsa_S^gT^Ps_jgsF^_gRKdsK^PS^KKdS^Ps\FdkKYs_LsgRKs
98#s gRKs IKdF\SIs YS^S^Ps S^s gRKs FLhKdGjd^Kds fKIgT_^s I_jYJs lSgRfgF^Js KmgdK\ K s
gK\ aKdFgjdKfsgRK^sI__Ys bjSIXYns
9KKS^PsgRKsGdjgKsa_lKdsJSfaYFnKJsFgsgRKs K^PS^Ksdj^fsI_^kSÎKJs\KsgRKsFSdaYF^Ks
I_jYJsfjfgF S ^ sfaKKJfs_Ls2FIRssF^JsGKn_^Js
ZEEaV?PZSVaLJaV2D9L= 2a S@>?Va2J8aSLZJ8a ELJ>aP9I9I59P98aLJ69a ?928a
C C"4 %/ C2C9"C4</?AC%/C9"%7C)9C?7C+?A7C
@%;/ C C<7<++AC74C.A7+C2/C%/C>4AC>C
9*27C ++C .AC 9?%C %/C >C C C C C
',%6=)8s- Y Y s
4]9KUKUFk OKFIb_k
=,)s&s
%LhKcseSms\_^gRes_LsHYFeec__\sFHFJK\SHesF^JseS\jYFg_csgcF S^S^P sSgslFesgT\Ksg_sGKs

L_c\FYYns S^gc_JjHKJs g_s gRKs 9YKJs *_cs gRKs `S Y_g s gRKs LScegsLKlsgcF S ^ S^Pse_cgTKes lKcKs
LZ_l^s S^s gRKs 98s &s =RSes \_JKYs _LsgRKs 98s lFes \_JSLSKJs lSgRs Fs cFSeKJs cKFcs
H_HX`Sg sPSkS^PsF ^ sSêgcjHg_cs`SY_gsK^_jPRsL_clFcJskSeSGSYSgnsg_seFLKYnsLZnsF^JsYF^JsgRKs
VKgs Lc_\s gRKs cKFcs eKFgs =RKs SêgcjHg_cs `SY_gs lFes F ^ s Km`KcSK^HKJs HcKls \K\GKcs
HRKHXKJs_jgsg_sgKFHRsF^JsKkFYjFgKs_gRKces
+K^KcFYYn sLZnS^PsS^sgRKsGFHXseKFgs_LsgRKs&\_JKYslFes^_gsFsLj^sKm`KcSK^HKs (jcS^Ps
YF^JS^P sKkK^slSgRsgRKscFSeKJseKFg sgRKsRSPRs^_eKsF^PYKs_LsgRKsVKgsS^gKcLKcKJslSgRsgRKs
- 6es kSKls_LsgRKscj^lFns -^s F J JSgT_^ s RKs RFJsg_s_`KcFgKsgRKsH_\`YKms^FkSPFgT_^FYs
enegK\sL_j^Js_^YnsS^sgRKs cKFcseKFgs_LsgRKs &YFHXGScJes 4LhK^ s 894es lKcKseKK^s PSkS^Ps
- 6esS^gKêSkKsGcSKLS^Pes_^sGFHXseKFgs_`KcFgT_êsGKL_cKs&\_JKYsLZSPRges=RKsJjgTKesS ^ s
GFHXsjejFYYnsXK`gsg R K s- 6 se _ sGjensgRFgsg R K segjJK^gs`SY_gs P_gs \_egs_ L sgRKsegTHXsgT\Ks
(jKsg_sgRKScsRSPRsKm`KcSK^HKsYKkKYe sebjFJc_^s`SY_gesRFJsYSggYKsgc_jGYKslSgRsYKFc^S^Ps
g_s YF^Js F^Js gFXKs_LNs S ^ sgRKs98"s gRKsgcjKs kF YjKs_LsgRKs &\_JKYs lFes S^sgKFHRS^Ps
gKHR^SbjKsF ^ J s`c_`Kcs`_eSgT_^sL_csFKcSFYs cKLjKYS^Ps%KcSFYscKLjKYslFesFs ^KHKeeSgns_^s
KkKcns \SeeS_^s - L s `S Y_ges H_jYJ^gs YKFc^s gRSes gFeX s gRKns l_jYJ^gs PcFJjFgKs Lc_\s
gcFS^S^Ps =RKs eS\ jYFg_cs lFe^gs KbjS``KJs lSgRs Fs kSejFYs JSe`YFns e_s cKLjKYS^Ps
H_jYJs_^YnsGKs`c_`KcYnsgFjPRgsS^sLZSPRgs
(Ke`SgKsgRKs&\_JKYesS \ `_cgF^gsc_YK s `SY_ges `cKLKccKJsLZnS^PsgRKs%s *YnS^PsgRKs&s
\KF^gs_^Ks_Lsgl_sgRS^PesF^Js^KSgRKcs_^KslFes`YKFeF^gs *Sceg sgRKs`SY_gsH_jYJscKHKSkKs
Fs HRKHXcSJK"s Fs e_cgTKs LZ_l^s lSgRs F^s KkFYjFg_cs S^s gRKs GFHXs PcFJS^Ps gRKs ` S Y_ges
`KcL_c\F^HKs 9KH_^J sgRKs`SY_gs H_jYJs GKsgRKsPjnsPSkS^PsgRKsHRKHXcSJK s e_s RKJs GKs
eSggT^Ps S^sgRKsHcF\`KJs cKFcs H_HX`SgsgcnS^Psg_s j^JKcegF^Js enegK\es RKs cFcKYnseFls - ^ s
KSgRKcs HFeK s R K sLZKlslSgR_jgs R S e s894 s lSgRs lR_\s R K slFes jeKJs g_s LZnS^Ps &KHFjeKs
gRKcKs lFes_^Yns_^Ks &\_JKYs Fgs &KFYK s FLhKcsS^SgTFYsgcF S^S^Ps lKs cFcKYns RFJsg_sLZns Sgs
=RKs&\_JKYsFYe_seKckKJsFesgRKskKRSHYKsjeKJsGnsHSkSYSF^sF ^ J s\SYSgFcnsJSP^SgFcSKesL_cs
_cSK^gFgT_^s e_cgTKes =RKnsHF\KslSgRs Fs kFcSKgns _LscKFe_ês VjegTLnS^PsFs e`KHSFYsLZSPRgs
.?9aaV?9a LJEâ-E98aLJa V?9a P2INa2VW9INVAJ>aVLa8@S>Z@S9a@VS9E;a2Sa SLI9V?@J>a E9SSa V?2Ja592ZVA;ZEa
4LhK^sFjgR_cSgns\jHRsRSPRKcsgRF^sgRKsebjFJc_^sF``c_kKJsgRKeKse_cgTKes=RKsA-6es
lKcKsLF\SYSFcSoKJslSgRsgRKs H_HX`Sgs S^s gRKs eS\jYFg_c s P_gs _jgLSggKJs lSgRs e`FHKs ejSges
F ^ J sRKY\Kge sF^JslK^gs_jgsL_csgRKscSJKs_LsgRKScsY S kKes &\_JKY Y 6escKFYYnsKFc^KJsgRKScs
`FnslRK^s gRKnsg__Xs j^gcFS^KJs HSkSYSFês j`s _^s gRKeKs LZSPRges %LhKclFcJe s gRKs A-6es
cKHKSkKJs R_^_cFcns`FgHRKesF^Js cKgjc^KJsg_sgRKScsl_cXs`YFHKesg_sHYFS\s\_\K^gFcns
LF\Ks =RKns l_jYJs ^KkKcs j^JKcegF^Js gRKs JKK`s `Kce_^FYs FggFHR\K^gs ebjFJc_^s
\K\GKces LKYgsL_csgRKs 98s _csgRFgs \F^ns HcKls \K\GKces eSYK^gYns cKeK^gKJs gRKScs
`cKeK^HKs 'cKles lR_s LZKls gRKs 9YKJs RFJs `FSJs gRKScs JjKes gRc_jPRs eSms \_^gRes _Ls
egcK^j_jes gcF S^S^Ps GKL_cKs gRKScs LScegs LZSPRgs 'cKles _LhK^s LKYgs A-6es PFS^KJs Fs LZSPRgs
lSgR_jgs`FnS^PsgRKs`cSHKs
68)*0-+,=s
=RKseKH_^Js RFYLs_LsgRKs98sgcF S^S^Ps`c_PcF\s lFes \_cKsg_s_jcsYSXS^PsgRF^sgRKs

LScegsRFYLseS^HKsSgsH_êSegKJs`cS\FcSYns_LsLZnS^PsBKsFHHj\jYFgKJsKm`KcSK^HKsGnsLZnS^Ps
gRKsVKgs_^sgcFS^S^Psc_jgKesFc_j^JsgRKs?^SgKJs9gFgKes%LhKcsLS^SeRS^PslSgRsgRKs&\_JKY s
SgslFes^SHKsg_segFcgsLZnS^PslSgRs\ns894s=R_eKsLScegsL KlsL ZSPRges\FJKsjesF ` `cKHSFgKs_jcs
eS\ jYFg_csgcFS^S^Ps=RKsJFnsGKL_cKsFs \SeeS_^ sBFYgsF^Js -s Y__XKJs_kKcsgRKs\FèsF ^ J s
JSeHjeeKJsg R K sc_jgKs=RKs^ Kmgs \_c^S^Psl K scKHKSkKJsFslKFgRKcsGcSKLS^PsH_kKcS^PsgRKs
\SeeS_^s 9S^HKs_jcsLZSPRges H_kKcKJs YFcPKs FcKFe s lKslKcKs lKYYs S^L_c\KJs FG_jgsgRKs
lKFgRKcsFYYsFHc_eesgRKsH_j^gcns4Ls`cS\FcnsH_^HKc^slFesgRKslKFgRKcsS ^ sgRKscKLjKYS^Ps
FcKFsF^JsFgs `cS\FcnsJSkKcgsGFeKes 4^sY_^PsLZSPRge slKsLcKbjK^gYnscKgjc^KJsg_sR_\Ks
GFeKsF ^ J sL_j^JsgRKslKFgRKcsH_\`YKgKYnsJSLNKcK^gsLc_\sgRKsH_^J SgT_ês S^slRSHRslKs
RFJsYKLhs
*_YY_lS^Ps gRKs lKFgRKcs GcSKLS^P s lKs lK^gsg_s gRKs 6RneS_Y_PSHFYs 9j``_cgs (SkSeS_^s
69( s GjSYJ S^Ps %YYs gRKs e`FHKsejSgeslKcKseg_cKJ s HRKHXKJ s F^Js cK`FScKJs gRKcKs =RKs
GjSYJS^PslFesFYe_slRKcKslKsFgKsF ^ J sJcKeeKJsGKL_cKsGKS^PsJcSkK^s_jgsg_sgRKsVKgs *_cs
nKFce sHcKleslKcKsg_YJsg_sKFgsFsRSPRs`c_gKS^ sY_lscKeSJjKs\KFYsGKL_cKsLZSPRgs%es\_cKs
lFes YKFc^KJs FG_jgs ^jgcSgT_^ s `K_`YKs cKFYSoKJs Fs H_^gT^jKJs J S Kgs _LsegKFXs F^Js KPPes
GKL_cKsLZnS^PslFe^gsRKFYgRns_kKcsFs Y_^Ps`KcS_Js _LsgT\Ks )kK^s e_ s gRKse\FYYs JS^S^Ps
LFHSYSgnsFgs69(segTYYs RFJsegKFXsF^JsKPPesFesSges \FS^sK^gcKKscSPRgsj ` sg_sgRKsK^Js_LsgRKs
98s`c_PcF\s 4gRKcs\K^jsSgK\eslKcKsFkFSYFGYK sF^JsKFHRsHcKls\K\GKcsYKFc^KJ s
e_\K gT\KesgRKs RFcJslFn s lRFgsg_s KFgs F ^ J slRFgs^_gsg_sKFgsGKL_cKs RSPRs FYgTgjJKs
LZSPRges %es FScs `cKeejcKs JKHcKFeKJs Fgs RSPRKcs FYgTgjJKe s PFeKes SêSJKs _jcs G_JSKes
Km`F^JKJ se_slKsegFnKJs FlFnsLc_\sL__JesgRFgs `c_JjHKJs S^gKegT^FYsPFes 0SXKs_gRKcs
`RFeKes_Lsg cFS^S^P sHR__eS^PslRFgsg_sKFgslFesFsYKFc^S^Ps`c_HKeesF^JsKkKcn_^KesG_Jns
lFesJSLNKcK^gs -s_^YnsFgKsFsHRKKeKs_\KYKgs_^HKs -sgR_jPRgs-slFesP_S^Psg_sPSkKsGScgRsS ^ s
gRKs I_IXaSgs aFffS^Ps gRd_jPRs s LKKgs -s LS^FYYns fKggYKJs _^s aKF^jgs GjggKds
fF^JlSIRKf#sgRKnsfKK\KJsg_sl_dXsLS^KsL_ds\KsBKs_IIFfS_^FYYnsRFJskSfSg_dfsFgs69(s
4^Ks \_d^S^Ps Fs f\F Y Y sPd_jas_LsIFJKgfsW_S^KJs BFYgsF^Js \KsL_ds_jdsadKLYSPRgs\KFYs
>RKns_dJKdKJsfgKFXsF^JsKPPfsg_sXKKaslSgRsgdFJSgT_^s>RKnsY__XKJsGKlSYJKdKJsFfs-sRSgs
gRKsaKF^jgsGjggKdsF^JsBFYgsJS^KJs _^sLd_fgKJs LYFXKfs (jdS^PsgRKsadKLYSPRgs\KFY sgRKs
IdKlsIRSKLsIF \ K sg_s_jdsf\FYYsJS^S^Psd__\sg_sGdSKLsjfs_^sF^nsad_GYK\fslSgRsgRKsWKgs
BKslKdKsFYf_s^_gTLSKJsSLs_jdsgF^XKdfslKdKsRFkS^PsF^nsad_GYK\fs
>RKsgF^XKdfs lKdKs /'7sFSdIdFLhsgRFgslKdKsFGYKsg_sdKLjKYs gRKs98s S^s LYSPRgs
>RKnsIFddSKJsgRKs. 6s^KIKffFdnsL_dsgRKsLjKYgRS dfgns9YKJs-LsgRKnslKdK^gsP_S^Psg_sGKs
gRKdKslSgRsgRKsPFf slKslKdK^gsP_S^Ps%G_jgsF^s R_jdsF ^ J sFs RFYLsGKL_dKsgFXK_LNsgT\Ks
lKs lK^gsg_s gRKs Y_IXKds d__\s g_sgFXKs Fs \S^SaRnfSIFYs F^Js PKgs JdKffKJs L_dsLYSPRgs %s
gKIR^SISF^s g__Xs _jdsgK\aKdFgjdK s GY__Js adKffjdKs F ^ J sS^fjdKJs lKs I_jYJs IYKFds_jds
KFdfs -Ls_^Ks_LsgRKsIdKlslFfsj^FGYKsg_sLYn sgRKs\_GS Y K sIdKlsl_jYJsLSYYs S ^ sF^JsLYnsgRKs
\SffS_^s-^sFYYsgRKsLYSPRgfs-s_GfKdkKJ s-s^KkKdsfFlsgRSfsRFaaK^s9IRKJjYKJsIdKlfsdFdKYns
\SffKJsgRKSdsgjd^sS^sgRKs9YKJs
9 @ ->s@ 6 s
%YgR_jPRsgRKs98slFfsI_^LSPjdKJsf_sIdKlfsI_jYJsLYnslSgR_jgsgRKsfaFIKsfjSg slKsl_dKs
gRK\s_^sKkKdnsLYSPRgs>RSfsad_IKJjdKsIdKFgKJsFsa_fSgTkKsIRKIXs_LsgRKsF S dIdFLhfsJ_jGYKs
_mnPK^sfnfgK\ sF^Js ad_kSJKJsFJJSgT_^FYs ad_gKIgT_^s g_sgRKsIdKlsS^sIFfKs_LsKWKIgT_^s
6RnfS_Y_PSIFYs 9jaa_dgs (SkSfS_^s gKIR^SISF^fs RF^JYKJs KkKdngRS^Ps aKdgF S^S^Ps g_s gRKs
faFIKs fjSgs >RKns RKYaKJs gRKs IdKlfs S^g_s gRKSds fjSgf s dF^s FYYs gRKs IRKIXf s F^Js gRK^s
FffSfgKJsgRKsIdKlfsFfsgRKnsfgdF aaKJs S^g_sgRKsI_IXaSgfs 69(saKdf_^^KYslKdKsKmaKdgfs
_^s gRKs KLNKIgfs_LsRSPRsFYgTgjJKsLYSPRgs_^s gRKs Rj\F^sG_Jns>RKSdsaKdf_^FYsFffSfgFÎKs
F ^ J sKmaKdgTfKsF Y Y KkSFgKJs\F^nsa_gK^gTFYsad_GYK\fsS^sgRKsI_IXaSgs
>RKs Y_ffs _LsIFGS^s adKffjdSoFgT_^s F^Js ^Sgd_PK^s Kk_YjgT_^s S^s gRKs G_Jns lKdKs gl_s
JF ^PKdfsgRFgsLFIKJsRSPRsFYgTgjJKsLYnKdfs>RKsfaFIKsfjSgsF ^ J sI_IXaSgsad_gKIgKJsjfsLd_\s
gRKfKsRFoFdJfs>RKsF\GSK^gsF S d sadKffjdKsFgsRSPRsFYgTgjJKsSfsf_sY_lsgRFgsj âdKffjdSoKJs
YSbjSJs KkFa_dFgKfs S^s fKI_^Jfs BSgR_jgs ad_gKIgT_^ s Rj\F^s G_Jns LYjSJfs l_jYJs G_SYs
FlFns%gsRSPRsFYgTgjJK sgRKsI_IXaSgslFfsadKffjdSoKJsg_s sLKKgs>RSfs\KF^gsgRFgs
FYgR_jPRsgRKsF S daYF^Ks\SPRgsGKsLYnS^PsFgs sLKKg sgRKsI_IXaSgsl_jYJsRFkKsgRKsF S d s
adKffjdKs_ L s s LKKgs _ L sFYgTgjJKs >RKs faFIKs fjSgs ad_kS JKJs GFIXjas ad_gKIgT_^s S L s
IF GS^sadKffjdSoFgT_^sLFSYKJsF g sRSPRsFYgTgjJKs-LsadKffjdSoFgT_^slKdKsY_fg sgRKsfaFIKsfjSgs
LS YYKJslSgRsFSdsg_sad_kSJKsgRKsdKbjSdKJs FSdsadKffjdKs_^sgRKsG_Jns
%^_gRKds ad_IKffs RFaaK^fs Fgs gRKs Y_ls F\GSK^gs adKffjdK!s ^Sgd_PK^s Kk_YkKfs Ld_\s
f_YSJsgTffjKfsS^g_sPFfsGjGGY Kf s jfjFYYns^KFdsG_JnsW_S^gfs 9_\KgT\KfsgRKsPFfsGjGGYKfs
192P@J>aSN269aSZ@Va2J8a?9EI9Va 2a 6P9\aI9I59Pa@Sa\9EEa8P9SS98a
\?9P9a;9\a>La
IF^sfYSasS^g_sgRKsGY__JsfgdKF\s>RSfsad_IKffsSfsIF Y Y KJsgRKsGK^Jf sF ^ J sIF^sGKsaFS^LjYs_ds
KkK^s LFgFYs >RKs faFIKs fjSgs ad_kSJKJs Fs IY_fKJs K^kSd_^\K^gs S^s lRSIRs IdKlfs I_jYJs
GdKFgRKs s _mnPK^s *FIKsaYFgKfslKdKsIY_fKJs GKL_dKs gFXK_LN s f_sGnsgRKsgT\KsF ^ s
98s IdKls RFJs LS^SfRKJs FKdSFYs dKLjKYS^P s gRKns RFJs adKGdKFgRKJs ajdKs _mnPK^s L_ds
K^_jPRsgT\Ksg_s dKJjIKsgRKs^Sgd_PK^s S ^ sgRKSdsG_JSKfs &dKFgRS^PsajdKs _mnPK^s F Y Y sgRKs
gT\KsdKJjIKJsgRKsF\_j^gs_Ls^Sgd_PK^sS^sgRKsG_Jn sgRKdKGnsdKJjIS^PsgRKs_aa_dgj^Sgns
L_dsgRKsGK^Jfsg_s_IIjdsFgsRSPRsFYgTgjJKs
&KIFjfKslKsl_dKsgRKsfjSgfsL_dsR_jdfsFgsFsgT\K slKslKdKs\KgTIjY_jfsFG_jgsajggT^Ps
gRK\s _^s>RKs faFIKs fjSgs YKLhs jfsf_\KlRFgs S\\_GSYK s F^Js lKs I_jYJs ^_s Y_^PKds J_s
gRS ^Pfs \_fgs aK_aYKs g__Xs L_ds PdF^gKJs BSgRs gRKs fjSgs _^ s lKs I_jYJ^gs fIdFgIRs _jds
^_fKf s GdjfRs RFSds_jgs_Ls_jdsKnKf s _dsFJWjfgsSddSgFgT^PsL_YJfs S^s_jdsj^JKdPFd\K^gfs
>Rd_jPRs aFS^LjYs KmaKdSKÎK s -s JKkKY_aKJs \ns _l^s ad_IKJjdKs L_ds fjSgT^Ps jas gRFgs
adKkK^gKJs SddSgFgT_^fsLd_\s Id_aaS^Ps jas YFgKds @^J Kd^KFgRs gRKsfaFIKsfjSg slKsl_dKs
_^KsRj^JdKJsaKdIK^gsI_gg_^s Y_^Q_R^f sf_IXf sF ^ J sPY_kKsS^fKdgfs -s \FJKsfjdKs gRKdKs
lKdKs ^_sIdKFfKfsS^s \ns Y_^Q_R^f s F ^ J s-s JSJ^gslKFdsgRKs PY_kKsS^fKdgfs>RKs98sfgTIXs
lFfsLFgsK^_jPRslSgR_jgsRFkS^PsF^_gRKdsYFnKds_Ls\FgKdSFYsGKglKK^s\nsRF^JsF^JsgRKs
fgTIXs
%LhKdsIRF^PS^PsS^g_sgRKsY_^PW_R^fsS ^ sgRKsY_IXKdsd__\ s -s lK^gsg_sgRKsGFgRd__\sL_ds
gRKs YFfgs gT\Ks F ^ J slFYXKJs S^g_s gRKs ^Kmgs d__\s lRKdKs gRKs 69(s gKIR^SISF^fs RFJs \ns
faFIKs fjSgs F ^ J s RKY\Kgs lFSgT^Ps -gs lFfs f_\KgRS^Ps YSXKs Fs djGGKds flKFgs fjSg s Gjgs
RKFkSKds -s fgKaaKJs S^g_sgRKs djGGKdsLKKgs_LsgRKsfjSgsF ^ J sd_YYKJsgRKsfjSgs jas\nsYKPfs -s
IFdKLjYYnsfR__XsF^nsldS^XYKfs_jgs -sfYSJs\nsFd\fsS^g_sgRKsfjSg sF^Js\nsRKFJsgRd_jPRs
gRKs^KIXsdS^Ps%sPSF^gsoSaaKd sdj^^S^PsjasgRKsIK^gKds_Ls\nsGFIX sfKFYKJs\KsS^sgRKsfjSgs
&__gfslK^gs_^s^ Kmg sL_YY_lKJsGnsPY_kKfslRSIRsIYSIXKJsS^g_s\KgFYsdS^PfsFgsgRKsK^Jfs_Ls
gRKsFd\sfYKKkKfs &KL_dKs -s ajgs_^s \nsRKY\ Kg s -s fg_aaKJs F^Js g__XsFs JKKas GdKFgRs -s
X^Kls\nsRKY\KgslFfsP_S^Psg_s GKs _^s Fs Y_^PsgT\KsGKL_dKsI_\S^Ps_LNsFPFS^sBSgRsgRKs
RKY\Kgs_^ s\nsRKFJsF ^ J s^KIXsRFJsYKffsLdKKJ_\s_Ls\_kK\K^gs>RKslKSPRgs_LsgRKsfjSgs
fKK\KJs g_s PFgRKds Fgs gRKs dS^Ps Fd_j^Js \ns ^KIX s IFjfS^Ps LFgTPjKs S^s gRKs ^KIXs F ^ J s
fR_j YJKds\jfIYKfs>RKsRKY\KgslKSPRKJsF Y \_fgs sa_j^Jf sF ^ J sFLhKdsFs LYSPRgsS g slFfs
gRKsLSdfgsgRS^Ps-s lF^gKJsg_sgFXKs_LNs 4^s_^KsLYSPRg sF^s KFdsLYFasS^fSJKs\nsRKY\KgslFfs
L_YJKJs_kKdsSÎ_ddKIgYns%LhKdsgRKsLSdfgsdKLj KYS ^P s -sLKYgsFfsSLs-slFfsLYnS^PslSgRsFs \KgFYs
faSXKsa_j^JKJsS^g_s\nsYKLhsKFds>RdKKsF^JsFsRFYLsR_jdfsYFgKds-sdK\_kKJsFsRKY\KgsgRFgs
RFJsgdF^fL_d\KJsSgfKYLsS^g_sFsg_dgjdKsJKkSIKs_^s\nsRKFJs
(KRnJdFgT_^sFJkKdfKYnsFLNKIgKJs_jdsaKdL_d\FÎKsS ^ sgRKsI_IXaSg sf_sJdS^XS^PsLYjSJfs
lFfsF^sS\ a_dgF^gsgFfXs>_sXKKasjfsP_S^P s69(sad_kS JKJsaFIXFPKJsL__JsF ^ J sJdS^XfsL_ds
I_^fj\ agT_^sJjdS^Ps_jds\SffS_^fs(dS^XfslKdKsad_kSJKJsS^saYFfgTIslFgKdsG_ggYKf sF ^ J s
L__Js lFfs fKFYKJs S^s I_^gFS^Kdfs dKfK\ GYS^Psg__gRaFfgKs gjGKfs %s Y_^Ps aYFfgTIs fgdFls
KmgK^JKJsLd_\sgRKsK^Js_LsgRKsgjGKs-gslFfsfS\SYFdsg_sgRKsfa_dgfsG_ggYKfsGSInIYKsdFIKdfs
JdS^XsLd_\s JjdS^PsFs dFIKs &ns Y__XS^PsS ^ sgRKs I_IXaSgs \ S dd_d s -s I_jYJs PjSJKsgRKs Y_^Ps
%3$< 26%3<$ *< .,/+ 3 < -< < 1 232< !.1 <# 34'-#<.-<3$ <7-< .3 </+23&< 36 <!..<
231/< %-< 6// 1<1,</.* 3< +1.< /2<.-< *- 2< 2 61 <3$%*< $ *+%232< 3.< + #2<
.--%-#<3$ <$ +, 3<3< < %+.3<.-! 12< 8%3$<,.%+ <1 8<

32<#.3< 3.< !&3<1%#$3< /1%.1<3.< 231//%-#<%-3.< .*/%3<
egcFls g_s \ns \_jgRs gRc_jPRs Fs e\FYYs _`K^S^P s JKeSP^KJs S ^ s gRKs RKY\Kgs L_cs gRSes
`jc`_eKs 1_egsHcKlesg__XsFgsYKFegsFslFgKcsG_ggYKs -s ^_c\F YYnsHFccSKJsFs G_ggYKs_LsRFYLs
lFgKc sRFYLs+Fg_cFJKs -sgcSKJsgRKsL__Js_^HKsF^JsJKHSJKJs-sH_jYJsJ_slSgR_jgsSgs
=RKsejSgslFesJKeSP^KJsL_cseSggT^PsF^JsH_j Y J sGKsH_\L_cgF GYKs_^HKs KkKcngRS^PslFes
_^sF ^ J sFJVjegKJs`c_`KcYns 1_egs`c_GYK\eslSgRsH_\L_cgslKcKsGKegsRF^JYKJsgRc_jPRs
`cKkK^gT_^ s F ^ J s gRSes \KF^gs FggK^gT_^s g_s JKgFSYs JjcS^Ps ejSgT^Ps j`s =KHR^Sb jKe s
JSeH_kKcKJs _cs `FeeKJs _^s Gns_gRKce s RKY`KJs \FXKs YSLKs \_cKs GKFcFGYKs S^s gRKs ejSgs -s
YKFc^KJs-sJSJ^gsRFkKsg_sFJVjegsgRKscjGGKcsLFHKseKFY sY_HFgKJsS ^ sgRKsRKY\Kg sFesgTPRgsFes
gRKs69(sL_YXesSêSegKJs -sH_jYJsFYe_scFSeKs\nsLFHKs`YFgKsS L s^KKJKJ sFesY_^PsFes-sRKYJs\ns
GcKFgRsg_s`cKkK^gsS^gc_JjHS^Ps^Sgc_PK^sS^g_s\nsG_Jns=RSeslFescFcKYnsJ_^KsGKHFjeKs
_Lsg RKs`_gK^gTFYsJF^PKcs_LsP _S^Psj^H_êHS_jesLc_\sgRKsYFHXs_Ls_mnPK^s=RKsLFHKs`YFgKs
lFes RKFgKJs eS\SYFcsg_s cKFcs lS^J_ls JKL_PPKces SêgFYYKJs _^s \F^ns HFces =RSes RKFgs
HYKFcKJs gRKs L_Ps gRFgs L_c\KJs Lc_\s RKFkns GcKFgRS^Ps _cs gRKs kF`_cs YKLhs Gns F ^ s
j^Km`KHgKJse^KKoKs
4LhK^s 69(sFYY_lKJskFcS_jesPc_jès_Ls`K_`YKsg_sg_jcsgRKsLFHSYSgnsF^Js _GeKckKs_jcs
c_jgT^Ks BFYgsF ^ J s-s RFkKsejSgKJs j`s S^sLc_^gs_LsPK^KcFYe s \SYSgFcnslSkKe sF ^ J sL_jcgRs
PcFJKce sVjegsg_s^F\KsFsLKlsBKsP_gs jeKJsg_sSgsF ^ J sJSJ^gsFYY_lsgRKskSeSg_cesg_sXKK`s
jesLc_\sSêjcS^PsKkKcngRS^PslFesLSggT^PsVjegscSPRgs9_\KgT\KeslKJsYKgsgRKsXSJesg_jHRs
gRKs e`FHKs ejSgsF ^ J sgRKns Ke`KHSFYYns K^V_nKJs eKKS^Ps Sgs S^LZFgKs 1_egs `K_`YKs lF^gKJs
gRKScs`SHgjcKsgFXK^slSgRsgRSes K^SP\Fs_LsLFegK^KcesF ^ J sR_eKeseSggT^PsS^sLc_^gs_LsgRK\s
4^HKs -s `jgs \nsRKY\Kgs _^s F^Js eFgsS ^ sgRKskF^sgRFgsl_jYJs gFXKs jesg_sgRKsF S c`YF ^K s
F^_gRKcs `RFeKs _Ls H_^HK^gcFgT_^s GKPF^s -s gR_jPRgs FG_jgs gRKs JK`FcgjcK s gRKs
lKFgRKc sF^JsgRKscK^JKok_jeslSgRsgRKsgF^XKcs
=,)s0%?3',s
%G_jgs F^s R_jcsGKL_cKsgFXK_LN s lKsl_jYJs HYS\Gs S^g_sgRKsVKgs =RKs \_GSYKsHcKlsRFJs

F Y cKFJnseKgsj ` sgRKsH_HX`SgesL_csje sF^Js69(sg KHR^SHSFêsRKY`KJsjesgRc_jPRsKkKcngRS^Ps
Lc_\sHYS\GS^Ps_jgs_LsgRKskF^ sg_segcF``S^PsjesS^g_sgRKsH_HX`Sgs=RKnsHFccSKJs_jcslFgKcs
G_ggYKe sHRKHXYSege s F^JsLZSPRgs\F^jFYes%LhKcslKsHYS\GKJsS^g_sgRKsH_HX`Sg slKseFgsS^s
_jcs eKFges lSgRs _jcs Fc\es KmgK^JKJs e_s gRKs 69(s gKHR^SHSFês H_jYJs cKFHRs F Y Y s gRKs
H_^ ^KHgT_ês S^s gRKs H_HX`Sgs =l_s g_s gRcKKs 69(s L_YXes Km`KcgYns e^F``KJ s R__XKJ s
gjPPKJ s`jeRKJsF^JsSêKcgKJs`Fcges_Ls_ jcsejSgesg_sgRKsYSLKsej` `_cgsenegK\es-s_LhK^sLKYgs
Y S XKsgRKsbjKK^sGKKslSgRsJKk_gKJsl_cXKcsGKKeseHjccnS^PsFG_jgs\Ks
=RKsH_HX`SgsK^kSc_^\K^gslFesLF\ S YSFc"sgRKseS\sRFJsGKK^sFscKFYSegTHscK`cKeK^gFgT_^s
_Lsg RKsFScHcFLhs-sKm`KHgKJsgRKsSêgcj\K^gs`F^KYsg_sY__Xsl_c^sLc_\sFPK seS\SYFcsg_s_gRKcs
.Z59a;LL8a 2 J 8 a\2V9Pa5LVWE9Sa2\2@VaV?9a 6P9\a
0@S@VLPSa\9P9aJZI9PLZSa2J8aLJ9a J9[9Pa DJ9\a\?La\LZE8a 59a\2V6?@J>aV?9a SZ@VZNa

\ S YSgFcns VKges -s RFJs LZ_l^s 3_c\FY Yn s `S Y_ges JSJs Fs lFYXFc_j^Js Sê` KHgT_^s GKL_cKs
HYS\GS^PsS ^ sgRKsH_HX`Sg sF^JsGc_jPRgslSgRsgRK\selKFg s_SY sF^JsLjKYs_^sgRKScsPY_kKes
(Scgns PY_kKes H_^gcSGjgKJs g_s gRKs JKgKcS_cFgT_^s _LsgRKs H_HX`Sgs F ^ J s Sêgcj\K^ges - ^ s
H_^gcFeg s 98s HcKles lK^gs JScKHgYns Lc_\s g R K s kF^s g_s g R K s H_HX`Sg s eXS``S^Ps gRKs
lFYX Fc_j^Js9`KHSFY SegesF^JsgRKs\_GSYKsHcKles`KcL_c\KJsgRKs`cKLZSPRgsSê`KHgT_ês
Y_^Ps GKL_cKs gRKs LZSPRgs HcKles FccSkKJs 9_SYKJs RF^Jes cFcKYns g_jHRKJs gRKs 98es
nKFc_YJsPFjPKes 'YKF^se`FHKsejSgsPY_kKesl_cXKJsS^sgRKs98sH_HX`Sgs&KHFjeKs_Ls
gRSe sSgsY__XKJs^KlKcsgRF^sSgsFHgjFYYnslFes
%esP__JsFesgRKseS\slFe sSgsH_jYJ^gs`cK`FcKsjesL_csgRKse_j^JesF ^ J sgRKsLKKYs_LsgRKs
K^PS^Ks egFcgs )kK^s lSgRs gRKse`FHKsejSgsF^Js RKY\Kgs _^ sgRKs c_Fcs_LsgRKs &jSHXsAes
lS^JS^Ps j`s LSYYKJs gRKs H_HX`Sgs BRK^s gRKs =)&s Km`Y_JKJs S^g_s gRKs K^PS^Ks Gjc^Kcs
eKHgT_^ sgRKsVKgsFlFXK^KJslSgRsFs cKe_j ^JS^PsgRj\`s-sLKYgsS^sgRKsH_HX`Sgs -sX^KlscSPRgs
FlFns-s RFJs FsgTPKcs_^sFs YKFeRs 4^HKs S^s SJYK sFsejGgYKskSG cFgT_^s Rj\\KJsgRc_jPRsgRKs
VKgslRSHRs -sH_jYJsLKKYsH_\Ksj`sgRc_jPRsgRKs\KgFYs`YFgKes_^sgRKsLZ__cs_LsgRKsH_HX`Sgs
F ^ J sS^g_s\nsG__gesBRK^sFYYsgRKs`cKgFmSsHRKHXeslKcKsH_\`YKgKJ sgRKsHF^_`SKeslKcKs
HY_eKJs -gslFesFs RKFknsHF^_`nslSgRsFsgTPRgseKFYsFc_j^JsgRKsH_HX`SgsBRK^ KkKcsSgslFes
eRjgs Fc_j^Js \K s -s LKYgs K^g_\GKJs lSgRS^s Fs \FoKs _Ls JSFYe s YKkKce s F ^ J s PFjPKes
BRSYKs gFmSS^Ps gRKs F S cHcFLh s gRKs ` S Y_gs lFes H_^gT^j_jeYns FlFcKs _Ls gRKs gRcjegs
PK^KcFgKJs GnsgRKs.es ,Ks XK`gsgRKsgR c_ggYKes S^s SJYK s F^Js F``YSKJs GcFXKesg_sFk_SJs
_kKccj^^S^PsgRKs \_GS Y K sHFcs =RKs9YKJsFYlFnes JcKlsFs Hc_lJs JjcS^PsgRKsgFmSs g_sgRKs
cj^lFns)kK^sFgs&KFYKslRKcKsSgslFesFsH_\\_^seSPRg s`K_`YKseg_``KJsF^JslFgHRKJs
gRKsF S c`YF^Ksc_YYs`Fegs
=RKs K^PS^Ks cj^ s Lc_\s SêSJKs gRKs H_HX`Sg s lFes ^_gRS^Ps Y S XKs YSegK^S^Ps g_s gRKs
_kKclR KY\S^Ps c_Fcs _LsgRKs K^PS^Kes lRK^s egF^JS^Ps _jgeSJKs -êSJKs gRKs VKg s Sgs lFes
cKYFgTkKYnsbjSKgs%se_YSJskSGcFgT_^sFHH_\`F^SKJsgRKsRj\s_LsgRKsLS^KYnsgj^KJsK^PS^Kes
BFgHRS^PsK^PS^KsgK\`KcFgjcKsPFjPKesLZjHgjFgKs cFJSHFYYn s -s FYlFnes RFJsLFSgRs S^sgRKs
.esGKHFjeKsgRKscKF J S ^PesbjSHXYnseKggYKJsg_slSgRS^sFsLKlsJKPcKKes_LsSJKFYs
BRK^s FYYs gRKs `cKgFXK_LNs HRKHXes lKcKs H_\`YKgK s \FS^gK^F^HKs `Kce_^^KYs
RF\\ KcKJsgRKsHR_HXes_jgsLc_\sj^JKcsc_HXsRFcJsgTcKes=RKsHcKlsHRSKLseFYjgKJslSgRsFs
gRj\Gesj` sF ^ J sKkKcn_^Ks\_kKJsFlFnsLc_\sgRKsVKg"s Sgs lFes ^_ls cKFJnsg_sgFXKsgRKs
cj^lFns (jcS^PsgRKsYFegsLKls\_\K^gesGKL_cKsgFXK_LN sBFYgsF^Js -s eFSJsYSggYKsg_sKFHRs
_gRKcsFeslKseSYK^gYnscKkSKlKJsgRKsgFXK_LNsF^Js HYS\GsS^s_jcs\ S ^Jes4^sFs ej^^nsJFns-s
LKYgs_^s g_`s _LsgRKsl_cYJs X^_lS^PsS ^ s\_\K^ges \F^nsl_jYJs lFgHR s F^Js KkK^s \_cKs
l_jYJs RKFc s _jcs gFXK_LNs BKs l_jYJs e__^s GKs FScG_c^Ks PF S^S^Ps \_cKs kF YjFGYKs
Km`KcSK^HKs -^s H_^gcFeg s gRKcKs lKcKs ^SPRges lRK^s -s lFgH RKJs cFS^s GFggKcs gRKs
lS^JeHcKK^sF^JsLKYgsgRKnsJSJ^gs`Fns\KsK^_jPRsg_sJ_sgRSes
I@8SVa2a ?LSVaL;a)-aV96?J@6@2JSa2a N@ELVa62P9;ZEEâEL\9PSa ?@IS9E;a@JVLa?@SaL;<A69a
-E98a6P9\aPZJSaV?PLZ>?a NP9SV2PVa6?96DE @SVa.?LZ>?aS9N2P2V98a5âLJEâ2a ;9\a ;99Va 926?a

I2JSaN9PSLJ2Ea9]N9P@9J69Sa8ZP@J>aV?9a;F@>?Va6LZE8a 59a\LPE8Sa2N2 PVa
.?9a ;@J2Ea 6ELS@J>aL;aV?9a 62JLNâNP@LPaVLa V2]@a 'Ja LZPa;@PSVa;9\a;F@>?VSaSE@>?Va
;99E@J>SaL;a6E2 ZSVPLN?L5@2a\LZE8aL66ZPa\?9JaV?9a?92[âE@8a\2SaS92E98a
-E98aV2]@9Sa;PLIa ?2J>2Pa I I 98@2V9Eâ V?9aSVPLGJ9PVA2Ea &2[@>2VALJa

-^SV9Ia \@EEa 59>@Ja VP26D@J>aSV2PSa9[9Ja @Ja 5PL28a82Ê@>?Va
&ZI59PaLJ9a;LPaV2 D9L;<a 2a -E98a8P@[9Pa
S@VSa 59?@J8a V?@6DaNPLV96VA[9a>E2SSa2J8a
NP9N2P9SaVLaV2D9aV?9aPZ J\2â
$@D9a PL^2Ea 2VW9J82 JVSa JZI9PLZSa

[9?@6E9Sa9S6LPV98aV?9aE26D5@P8a
926?aVAI9a@VaV2]@98a
E2S?@J>aE@>?VSa;PLIa -, a2E9PVSa

IL5@E9a62PaV?2VaN@ELVa@SaP928â
8KPFdJYKffs _Ls gRKs lKFgRKds _ds gRKs \SffS_^ s _jdsI_ÎK^gdFgT_^s lFfs RSPRs JjdS^Ps
gFXK_LNs (jdS^PsgRSfsaRFfKs_LsLYSPRg s -sLKYgsgRKsF S dIdFLhslFfsI_\aKgT^PslSgRs \ K sg_sfKKs
lR_slFfsS ^ sI_^gd_Ys 3_d\FYYn sBFYgsF^Js -s LYKlslSgRsgRKs S^gKdI_\s S^sgRKsI_YJs\SIs
a_fSgT_^s fSÎKsI_^gT^j_jfYns YSfgK^S^Psg_sgRKs_gRKdsPjns GdKFgRS^PslFfs G_gRKdf_\Ks
BSgRs gRKs S^gKdI_\s Gjgg_^ s _ds \SI s S^s gRSfs a_fSgT_^ s lKs JSJ^gs RKFdsgRKs _gRKds Pjns
j^YKffslKsXKnKJsgRKsS^gKdI_\sGjgg_^s-LsR_gs\SIslKdKsfKYKIgKJ slKsI_jYJsgF Y X sg _sKFIRs
_gRKds lSgR_jgs XKnS^Ps gRKs S^gKdI_\s Gjgg_^s (jdS^Ps gFXK_LNs lKs jfKJs R_gs \SIs g_s
LFISYSgFgKsS^gKdI_IXaSgsI_\\j^ SIFgT_^sS ^ sIFfKs_LsF ^ sK\KdPKÎnsBSgRsR_gs\SIs_^ sgRKs
894sI_jYJsjfjFYYnsgKYYsGnsgRKsaSY_gfsSÎdKFfKJsdFgKs_LsGdKFgRS^PsSLsFs\F YLjÎgT_^slKdKs
_IIjddS^PsBKslKdKsKmgdFskSPSYF^gsJjdS^PsgFXK_LNfsS^sgRSfsF S daYF^Ks-s RFJsFsgRK_dnsgRFgs
F S daYF^Kfs gRFgs IdFfRKJs JjdS^Ps YF^JS^Ps lKdKs ^_d\FYYns gRKs dKfjYgs _Ls aSY_gs Kdd_ds
%SdaYF^KfsgRFgsIdFfRKJs_^sgFXK_LNslKdKsjfjFYYnsIFjfKJsGnsFsfSIXsFSdaYF^Ks-slF^gKJsg_s
GKsdKFJnsSLs_jdsFSdaYF^KslKdKsP_S^Psg_s GKs fSIXsgRFgsJFns
%fsgRKs894sI_j^gKJsJ_l^sgRKsfKI_^Jf s-sdKYKFfKJsGdFXKfsadKISfKYnsL_dsF^s_^gT \ K s
gFXK_LNs9_\KsaSY_gfsdKYKFfKJsGdFXKfsfKkKdFYsfKI_^JfsadS_d sg_sRFkKsgRKsFLhKdGjd^Kdfs
YSPRgsdSPRgsFgs gFXK_LNsgT\Ks>RSfsIF \ K sj^JKdsgRKs RKFJS^Ps_LsfgnYKsa_S^gfsGKglKK^s
gRKsfbjFJd_^saSY_gfsF^Js\FggKdKJsYSggYKsg_sF^n_^KsKYfKs 8FSfS^PsgRKsgR d_ggYKfsfYSPRgYns
F ^ J s \_kS^Ps gRK\s aFfgsgRKs \ S YSgFdns a_lKds JKgK^g s gRKs FLhKdGjd^Kdfs SP^SgKJ s gRK^s
fgFGSYSoKJs R_aKLjYYn s%gs gRSfsa_S^gsgRKsaSY_gsajfRKJsgRKsgRd_ggYKfsFfsLFdsL_dlFdJs Ffs
a_ffS GYK s K^gKdS^Ps gRKs \FmS\j\s FLhKdGjd^Kds dF^PKs >RKdKs lFfs ^_s J_jGgs SLs gRKs
Gjd^Kdfs lKdKs K^PFPKJs _ds ^_gs BRK^s gRKs FLhKdGjd^Kdfs YSg s gRKs FIIKYKdFgT_^s lFfs
S \ \KJSFgKs &_gRs FLhKdGjd^Kdfs ^KKJKJsg_s YSPRgs_LNslSgRS^s gl_s g_s gRdKKs fKI_^Jfs_Ls
KFIRs _gRKds _dsgRKs F S dIdFLhs l_jYJs kKKds fSJ KlFnfs Ld_\s gRKs a_lKds JSLNKdK^gTFY s F ^ J s
bjSIXYnsK ^ J sjasS ^ sgRKs PdFffs 3_d\FYYn s Gjd^KdsYSPRgfs lKdKs ^_gsfS\jYgF^K_jf s F ^ J s -s
lFfsd_IXKJsg_s_^KsfSJKs_LsgRKsI_IXaSg sgRK^sgRKs_gRKd sFfsKFIRsFLhKdGjd^KdsXSIXKJsS^s
BSgRsgRSfsXS^Js_Lsa_lKd sgRKsgFXK_LNsd_YYslFfsG_gRsfR_dgsF^JsLFfgs - ^ sYKffsgRF^s s
LKKgslKslKdKsFSdG_d^KsFgssX^_gfs
- \ \ KJSFgKYns FLhKds gF XK_LN s -s dKFIRKJs L_ds gRKs YF^JS^Ps PKFds RF^JYKs BSgRs gRKs
lRKKYfs KmgK^JKJ s lKs I_j Y J^gs P_s LFfgKds gRF^s s X^_gfs lSgR_jgs KmIKKJS^PsgRKs
PKF dsY S \ SgT^PsfaKKJs -sad_\agYnsdFSfKJsgRKsPKFdsg_sadKkK^gsgRSfsLd_\sRF aaK^S^Ps%fs
gRKslRKKYfslKdKs jas F ^ J s-s aFffKJsgRKsJKaFdgjdKsK^Js_LsgRKsdj^lFn s -s F Y dKFJnsR F J s
GKglKK^s s F ^ J s s X^_gfs -s PK^gYns a j Y Y K J s gRKs ^_fKs fXnlFdJs IYS\GS^Ps S ^ s LjYYs
FLhKdGjd^Kds &KIFjfKs_LsgRKs YK^PgRs_LsgRKsL_dlF dJsLjfKYFPK s g__s FGdjagsFs ajYYs_^s
gRKsfgTIXsI_jYJsdKfjYgsS ^ s_kKdfR__gT^PsgRKsJKfSdKJsaSgIRsF^PYKsBRK^sgRSfsRFaaK^KJs
gRKs \_\K^gj\s _Ls gRKs dSfS^Ps ^_fKs lFfs JSLNUIjYgs g_s FddKfgs BRSYKs gR_fKs _^s gRKs
Pd_j^Js lKdKs S \ adKffKJs lSgRs F ^ sKmgdFs fgKKas IYS\G s gRKs aSY_gs S^s gRKsI_IXaSgs lFfs
KkK^s \_dKs Ffg_^SfRKJs F ^ J s lFfs ajfRS^Ps L_dlF dJs _^s gRKs fgTIXs lSgRs G_gRs
RF^Jfs BSgRs Fs YSggYKs adFIgTIK s IYS\Gs gKIR ^ S bjKfs lKdKs a_YSfRKJs >RdKKs \ S ^ jgKfs
FLhKds -s dKYKFfKJs GdFXKfs L_ds gF XK_LN s -s lFfs YKkKYS^Ps gRKs WKgs Fgs
.?9P9a\2Sa JLa8LZ5Va5â V?9a 6P9\a\?9Ja V?9a 5ZPJ9PSaE@Va
Va\2Sa E@D9a2a S\@;WaD@6Da@JaV?9aN2JVSa
)2SS@J>a@Ja2a 5EZPaL;a;ZP@LZSaSLZJ8aV?9aN@ELVaOZ@6DEâP9VP26VSa
V?9a\?99ESa59;LP9aSV2PVAJ>a6E@I5a2;W9PaV2D9L;<a
sLKKgs 3_d\FYYn s\ S YSgFdnsWKgfsaKdL_d\KJsLjYYsFLhKdGjd^KdsIYS\Gsad_LS YKfs_^YnsFgs
F S dfR_lfsBKsJSJsgRK\sJFSYns
4ÎKsYKkKYKJs_LNsF^Js_jgs_LsFLhKdGjd^Kd sgRKsWKgsLYKls\jIRsY S XKsFs RKFknsLSPRgKdsFgs
fjGf_^SIs faKKJfs s >RKs 98s ^_d\FYYns YFjÎRKJs lSgRs RFYLs Fs LjKYs Y_FJs %s LjYYs Y_FJs
l_jYJs RFkKs \FJKs Sgs\_dKsJSLNUIjYgsg_s FG_dgsgRKsgFXK_LNsS^sIFfKs_LsK\KdPKÎns 4jds
LSdfgsadS_dSgnsFLhKdsgF XK_LN slFfsg_sdK^JKok_jfslSgRsFsgF^XKdsF S dIdFLhsgRFgsl_jYJsLS Y Y sjfs
lSgRsLjKYsL_dsgRKsd_jgKsF R KF J s
%)8-%0s8)*@ )0-3+s
BKs^_d\FYYnsdKLjKYKJsLd_\s_jds_l^sLYKKgs_Ls/'7sgF^ XKdfs>RKfKs7\_JKYfsRFJs
GKK^s LSggKJs lSgRs faKISFYs dF^PS^Ps KbjSa\K^gsgRFgs RKYaKJs LFISYSgFgKsgRKsdK^JKok_jfs
lSgRsgRKs98s2 n s894sF ^ J sgRKsgF^XKds^FkSPFg_dsKYKIgd_^ SIFYYnsl_dXKJsS ^ sI_ÎKdgsg_s
RKYasGdS^Psgl_saYF^Kfsg_PKgR KdsFgs_^KsadKaYF^^KJsfa_gsS ^ sgRKs kFfgs KmaF^fKs_LsfXns
>RKsgF^XKdfslKdKsFYlFnfsFs lKYI_\KsfSPRgsGKIFjfKs_LsgRKs9YKJfsF aaKgTgKsL_dsLjKYs -gs
lFfs S\aKdFgTkKs g_s PKgs gRKs PFfs 8_jgKfs lKdKs aYF^^KJs lSgRs YSggYKs \FdPS^s L_ds Kdd_ds
I_ÎKd^S^PsLjKYs -LslKslKdKsad_PdF \ \ KJsL_dsFs LjYYs _LNY_FJs_LsLjKYsLd_\sgRKsgF^XKd s
F ^ J s^_d\FYYnslKslKdK slKs^KKJKJsg_sPKgsKkKdnsJd_as
-Js YKFd^KJs F S dg_F Sds dKLj KYS^Ps S^s gl_s _gRKds FSdaYF^Kf s gRKs %s F^Js gRKs %s
8KLjKYS^PsgRKs98slFfsfS\SYFdsad_IKJjdFYYn sGjgsSgslFfsJSLNUIjYgsF^Js\_dKsJK\F^J S^Ps
*Sdfg s gRKsL_dlFdJskSfSGSYSgnsS^s gRKs9YKJslFfsl_dfKsgRF^slRFgs\_fgsaSY_gfslKdKsjfKJs
g_s >RKs gdSF^PjYFds fRFaKs _LsgRKs L_dlFdJs lS^J_ls JSJs ^_gs I_\aFdKs g_s gRKs GjGGYKs
IF^_ans_LsFsLSPRgKds9KI_^J slKFdS^PsFsfaFIKsRKY\KgsIFjfKJsG_gRKdf_\KsdKLYKIgT_^f s
F ^ J s Y S \SgKJs \ns aKdSaRKdFYs kSfS_^s >RSdJ s gRKs 98s LjfKYFPKs lFfs Y_^Ps F^Js gRKs
dKLjKYS^PsdKIKagFIYKslFfslKYYsFLhs_LsgRKsI_IXaSgs&KIFjfKs_LsgRSf slKsRFJsg_sLYnsgRKsWKgs
fYSPRgYnsj^JKd^KFgRsgRKs/'s>RSfsa_fSgT_^slFfsj Î_\L_dgF GYK sF^JsSgsJSJ^gsF Y Y_ls
\Ksg_sfKKs \jIRs S^sgRKslFns_Ls_jgfSJKsdKLKdKÎKfs @fS^Ps_jgfSJKsdKLKdKÎKfs\KF^gs
LS ^JS^PsgRS^Pfsg_sY__XsFgs_^sgRKsgF^XKdsgRFgsg_YJs\Ks-slFfsS^sa_fSgT_^s*_dsKmF\aYK sS^s
gRKs% sgRKsdKLjKYS^PsdKIKagFIYKslFfsS ^ sgRKs^_fK sf_sSgslFfsKFfnsg_slFgIRsgRKsdKJ s
nKYY_l sF ^ J sPdKK^sYS^Kfs_LsgRKsG__\s\_kKsS^sF ^ J s_jgs_LsSgfsfYKKkKsg_sgKYYsjfsSLslKslKdKs
S^s a_fSgT_^s>RSfsfnfgK\s fa_SYKJs \Ks GKIFjfKs -s JSJ^gs RFkKsg_s jfKs gRKs gl_s d_lfs _Ls
J SdKIg_dsYSPRgfs_^sgRKsj^JKdfSJKs_LsgRKsgF^XKds
>RKs J S dKIg_dsYSPRgfs GYS^XKJsfSP^FYfsg_sgRKs dKIKSkKdsaSY_g s S ^ J SIFgT^Ps RSfsa_fSgT_^s
dKYFgTkKsg_sgRKsgF^XKds4^Ksd_ls_LsYSPRgfsS^JSIFgKJskKdgTIFYsa_fSgT_^ sgRKs_gRKdsL_dKsF ^ J s
FLhs>RKsYSPRgfsl_dXKJsFjg_\FgTIFYYns_ÎKsgRKsdKLjKYS^PsG__\slFfsS^fKdgKJs S^g_s_jds
FSdIdFLhs-sRFJs^KkKdsjfKJsgRKfKsYSPRgfsGKL_dK sGjgs^_lsLYnS^PsLjdgRKdsj^JKdsFsgF^XKdsgRF^s
lFfsI_\L_dgF GYK s -s JKaK^JKJs_^sgRK\s.jfgsPKggT ^Psg_s gRKsad_aKdsa_fSgT_^sf_sgRKs
gF^XKdfsG__\s_aKdFg_dsI_jYJsaYjPsS^g_s\nsWKg slFfsf_\KgT\KfsFsIR_dKs-^SgTFYsFggK\agfs
+ </%+.3< 2 2< 3$ <) 3<!.181<!.1<16%+<.-33<$ -<3$ < +*%1<%2<%-</.2%3(.-< 3$ <
3-* 12<..,<./ 13.1<8%++< /+ <3$ <1 !6 +%-#<-.;;+ <%-3.<3$ <2<1 /3+ <
Fgs dKLjKYS^Ps S^s gRKs &\_JKYs lKdKs Rj\GY S^Ps -s f__^s YKFd^KJs SLs -s Y_lKdKJs \ns fKFg s -s
I_jYJsfKKsKkKdngRS^Ps\jIRsGKggKds )kK^s lRK^s SgslK^gsf\__gRYn s dKLjKYS^Ps S^s LYSPRgs
lFfsKmgdK\KYnsLFgTPjS^PsL_dsgRKsaSY_gs
-s lFfs FIIjfg_\KJs g_s GKS^Ps _^s gRKs G__\s L_dsWjfgs Fs LKls \S^jgKfs g_s g_as _LNs S ^ s
LSPRgKdfs -^s I_^gdFfg s 98s dKLjKYS^Pfs g__Xs LSLhKK^s \S^jgKfs _ds \_dKs lRSIRs I_jYJs
fKK\s YSXKs F^s KgKd^Sgns >RSfs gT\Ks lFfs ^KKJKJs GKIFjfKs gRKs FSdaYF^Ks g__Xs _^s F ^ s
SÎdKJSGYKs F\_j^gs _Ls LjKYs (jdS^Ps Fs ^_d\FYs dKLjKYS^Ps l K s jfjFYYns dKIKSkKJs _kKds
s PFYY_^fs >RSfs IRF^PKJs _jds Pd_ffs lKSPRgs Gns s a_j^Jfs F^Js IFjfKJs Fs
I_ddKfa_^JS^PsIRF^PKsS ^ sgRKsIK^gKds_LsPdFkSgns_Ls_jdsF S dIdFLhs
%gsgRKsfY_lssX^_gs dF^PKs S ^ slRSIRslKslKdKsLYnS^Psg_sdKLjKY sgRKsLKKYs _LsgRKsWKgs
GKIF\Ks fYjPPSfRs Ffs gRKs 98s LSYYKJs lSgRs LjKYs %gs gRKfKs Pd_ffs lKSPRgfs F^Js fY_lKds
F S dfaKKJf sgRKs98sGKIF\KsgRdjfgsYS\SgKJsJjdS^PsgRKsYFfgsLKls\S^jgKfs_LsdKLj KYS^Ps
-^s \SY SgFdns a_lKd s lKs l_jYJs fgFdgs g_s LFYYs _LNs gRKs G__\s %s JSfI_^^KIgslFfs RSPRYns
j^JKfSdFGYKs fSÎKs gRKs WKgs lFfs YKffs dKfa_^fSkKs ^_ls F ^ J s g_s dKI_^^KIgs lFfs \_dKs
JSLNUIjYgs -gsFYf_s\KF^gslFfgT^PsgT\Ks_^sgRKsdKLj KYS^PsgdFIXsF^JsgRSfsI_jYJsFLNKIgs_jds
_kKdF Y Y s \SffS_^s gT\S^Ps >RKs f_YjgT_^s lFfs g_s YSPRgs _^Ks FLhKdGjd^Kds lSgRs IFdKLjYs
LS^KffKs >RKs LS^Ks Fdgs _Ls ajYYS^Ps gRKs gRd_ggYKs KkKds f_s fYSPRgYns jas F^Js Wjfgs S^g_s gRKs
\S^S\j\sGjd^KdsdF^PKslFfsRF^JKJs J_l^sLd_\s _^KsPK^KdFgT_^s_Ls98saSY_gfsg_sgRKs
^Kmgs>RKs98sSfsgRKs_^YnsF S daYF^Ks-s X^_lsgRFgsdKbjSdKJsgRKsjfKs_LsFLhKdGjd^Kdsg_sfgFns
_^sgRKsG__\s
@fS^Ps_^KsFLhKdGjd^KdsIFjfKJsF^_gRKdsad_GYK\!sFfn\\KgdSIFYsgRdjfgs9_\KsaSY_gfs
jfKJsFs YSggYKsdjJJKdsg_sRF^JYKsgRKsnFls4gRKdfsYKLhsgRKsdjJJKdfsFY_^K sLYKlsfSJKlFnf s
F ^ J s Y__XKJs _jgs gRKs Ld_^gs bjFdgKds aF^KYs g_s fKKs L_dlF dJs >RKs bjFdgKds aF^KYfs lKdKs
Y_IFgKJs_^sKSgRKdsfSJKs_LsgRKslS^JfRSKYJs4^YnsgRKs YKLhsbjFdgKdsaF^KYslFfslSdKJs L_ds
JKL_PPS^Psf_slKsFYlFnfsYSgsgRKsYKLhsGjd^Kdsg_snFlsdSPRgsf_slKsI_jYJsjfKsgRSfsLKFgjdKsSLs
^KKJKJs
>RKs \_fgs KmISgT^Ps \_\K^gfs_^s gRKs dKLj KYS^PsgdFIXs lKdKs ^_d\FYYns dKfKdkKJs L_ds
gR_fKsLS ^FYsLKls \ S ^jgKfs S^s FLhKdGjd^Kds_^s gRKs G__\s lSgRs Fs kKdns RKFknsWKgs 4ÎKs -s
fKYKIgKJs \S^s %&s F^Js gRKs >)&s Jj\aKJs S^ s gRKdKs lFfs Fs aFjfK s gRK^s gRKs FSdaYF^Ks
Yj^PKJsfSJKlFnfsF^JsfgFdgKJsg_sIRFdPKsjasgRKsG__\sBSgRsgRKsYKLhsGjd^KdsfgF GSYSoKJs
S^s\S^s%& s-sI_^gd_Y YKJs_jdsL_dKsF^JsFLhsa_fSgT_^slSgRsdSPRgsgRd_ggYKsBSgRsgRSfs\KgR_J s
gRKs aSY_gs I_^gd_YYKJs gRKs F S daYF^Ks Gns YKFJS^Ps gRKs a_lKdsSâjgfs -gs lFfs Y S XKs LYnS^PsFs
LdKSPRgsgdFS^sGKIFjfKsgRKsF S daYF^KfsS ^ KdgTFs IFjfKJsFs YFPsGKglKK^sgRd_ggYKsSâjgsF ^ J s
F S dIdFLhs dKfa_^fKs -gs lFf^gs jÎ_\\_^s F g s gRSfs a_S^gs L_ds gRKs JS dKIg_ds YSPRgfs g_s
dKfK\GYKsFsaS^GFYYsPF\K sLYFfRS^PsLd_\sK^Jsg_sK^JsFfsgRKsL_dKsF^JsFLhs\_kK\K^gfs_Ls
gRKsWKgs IFjfKJs I_^gT^jFYsIRF^PKfs S^s dKYFgTkKs a_fSgT_^s -s RFJs g_s SP^_dKs gRKs J SdKIg_ds
YSPRgf sPdSgs\nsgKKgR sF^JsIF Y Y s_^s KkKdns GSgs_Ls\nsKmaKdSKÎKsg_sPKgsg_sgRKsK^Js_LsgRKs
dKLjKYS^PsgdFIXslSgRsFsLjYYsgF^Xs
-LI9\?9P9a @>?a 2 5L[9a V?9a\2SV9E2J8SaL;a&9[282a6LJV26Va@Sa I289a;Z9Ea @Sa
VP2JS;9PP98a2 J 8 a2a SI@E9aL;aS2VAS;26VALJa2NN92PSa@JS@89a2a SN269a?9E I9Va
+ < 1%7 12< 7% 8< .!< 3$ < //1.$%-#< ! *a %1 3.1< +%#$32< 1 <
7%2%+ < .-< 6- 12% < .!< 3-* 1< !.181< .!< 8%-#2< 1*< 1 3-#+ < - 1< !5< .!<
3-* 1< %2< .., 12< 8%-.8< ++.8< +%- < .-< 3-* 1< $ +/ < 1 %7 12< +%- < 6/<
8%3$< 3-* 1< 2/ %++:< %-<<8 3$ 1<
1%+< 1 !6+ %-#< !1.,< 3$ <

3-* 1< ..,< ./ 13.12<
7-3# < /.%-3< $ < 2,++< <
8%-.8< .-< 3$ < +*%1< %2<
7%2%+ < )623< $%-< 3$ < 1 1<
.*/%3<
8KLjKYS^PslFesgRKs\_egs`RneSHFYYnsS^gKêKs`Fcgs_LsgRKsK^gTcKsLZSPRgsL_cs\Ks=RSeslFes
S^sJS cKHgsH_^gcFegsg_s\ns894esl_cXY_FJsJjcS^PscKLjKYS^Ps-sHF^scK\K\GKcsRF^PS^Ps_^s
gRKsG__\slSgRsFs JKFgRs PcS`s_^sgRKsegTHX selKFgs S^s \nsKnKe sgjcGjYK^gslKFgRKc sF ^ J s
_ ^ K sK^PS^KsS^sGjc^Kcs -sFeXKJs\nsGFHXeKFgKcsR_ls\F^ns\S^jgKesl K sR F J sYKLhs_ ^ sgRKs
gcFHX s R_`S^PsSgsl_jYJse__^s GKs_kKcs BFYgseFSJsRKJsHRKHXsS ^ sFs \_\K^gsFesRKslFes
K^V_nS^Pse_\KsGjggKceH_gHRs`jJJS^PsgjGKsL__Js-slF^gKJsg_sXSYY sGjgscKeKckKJs\neKYLs
L_csgRKsL_jcs F^Js Fs RFYLsKmHcjHSFgT^Ps \S^jgKes -s RFJs YKLhs_^s gRKs G__\s =RKcKs cKFYYns
lFe^gs\jHRsBFYgsH_jYJsJ_sg_sRKY`s\Ks_^sgRKsG__\sKmHK`gsPSkKs\KsFsH_j^gJ_l^s_Ls
LjKYsF^JsgT\Ksg_sH_\ `YKgT_^s -gslFes\nsGFGn s GjgsBFYgsJSJs RKY`slSgRs K^H_jcFPS^Ps
l_cJesFgsgT\KesF ^ J s\_egYnseFgsF^mS_jeYnsF\SJegsgRKsPcj^gesF^JsPc_FêsH_\S^PsLc_\s
gRKsLc_^gseKFgs
(FcX^Kee sHY_jJe sgjcGjYK^HK sFs gF^XKcslSgR_jgsFsLj^HgT_^S^PsFjg_`SY_gs _csFs ^Kls
G__\KcsFYYsH_^gcSGjgKJsg_s\FXS^PsYSLKsJSLNSHjYgsL_cs9YKJs` S Y_gesS^s^KKJs_LsP Fes8KLjKYS^Ps
lFes_^Ks_LsgRKs`RFeKes_LsLZSPRgslRKcKsKkKcn_^KslR_sLZKlsgRKsFSc`YF^KsRFJs _^Ks_cs
\_cKsRj\G YS^Pseg_cSKesg_sgKY Y s9_\KsJFnesgRKsFSc`YF^KsVjegsJc_kKscSPRgsS^sF^JsR__XKJs
j`s Fes KFens Fes PKggT^Ps Fs JcS^Xs Fgs Fs JcSkKS^s =RFgs e_s \F^ns cKLjKYS^Pes lKcKs
FHH_\ `YSeRKJseFLKYnsS^sgRKsF S c`YF^KslFesFsgcSGjgKsg_sgRKseXSYYesF ^ J sKm`KcSK^HKsYKkKYs_Ls
gRKs 98s` S Y_ges lR_sLZKlsgRK\s )kK^s S^s gRKs GKegs_LsH_^J SgT_ê s FKcSFYs cKLjKYS^PslFes
FYlFnes F^s S^gcSHFgKs GFYYKgs _Ls\K^s F ^ J s\FHRS^KeslSgRs YSggYKs \FcPS^s L_cs Kcc_cs 9_\Ks
JFnes KkKcngRS^PslK^gs cSPRgs _^s gRKs G__\s F^Js -s lFes F^s FHKs 4gRKcs JFnes -s gR_jPRgs
e_\K_^Ks RFJsJj\`KJsFs G_ms_Lse^F XKes S^sgRKsH_HX`SgsF^Js ^_gRS^PslK^gscSPRgs =RSes
kSgFYs`c_HKJjcKs_HHjccKJsgl_sg_sL_jcsgT\KesKFHRs\SeeS_^sF ^ J s\FJKsL_cs\F^nsFse_cKs
Fc\sFgsgRKsK^Js_LsgRKsJFns
=,)s%'')0s
%LhKcslKsP_gs_jcsLjKYsY_FJ s-sKFeKJsgRKsVKgsGFHX selj^PsHYKFcs_LsgRKsgF^XKcsF^JsYSgsgRKs

Gjc^Kces -sLKYgs\neKYLs`jeRKJsGFHXsS^g_sgRKseKFgsFesgRKsFLhKcGjc^Kces YSgs_LNsF^JsgRKs
F S c`YF^Ks FHHKYKcFgKJs L_clF cJs =RSes lFes Fs H_\L_cgF GYKs LKKYS^Ps GKHFjeKs lKs lKcKs
RKFknslSgRsLjKYsFgsJF^PKc_jeYnseY_lsF S ce`KKJesL_csgRKs9YKJs=RKsgF^XKcsHcKlesFYlFnes
K^V_nKJslFgHRS^PsgRKs98sFHHKYKcFgKs`FegsgRK\s=RKs98slFesFs Jc__YS^PsgTPKcs_LNsgRKs
YKFeR segcKF \ S ^PsLjKYsLc_\sLj Y Y sgF^Xe sS ^ sLjYYsGjc^Kc sGYFoS^Psg_lFcJsgRKsj^X^_l^s
-^s Lj Y Y s FLhKcGjc^Kce s lKs lK^gs S^g_s lRFgs lKs gKc\KJs gRKs JSèns \F^KjkKcs =RKs
J S èns\F^KjkKcslFesFsPK^gYKsHYS\Gsg_sVjegsj^JKcs sLKKg sL_YY_lKJsGnsFsPK^gY K s
` j e R s_^sg R K segTHX s^_eS^PsgRKsF S cHcFLhsJ_l^ R S Y Y sg_sRKY`sS g sFHHKYKcFgKsgRc_jPRs 1FHRs
s BKs J S J^gslF^gsg_s G_gg_\s _jgs GKY_ls s LKKgs GKHFjeKs cKPjYFgT_ês JSJ ^gs
F Y Y_ls ej` Kce_^SHs LZSPRgs GKY_ls gRSes F YgTgjJKs S^s gRKs H_^gT^K^gFYs ? ^ SgKJs 9gFgKes
=RKs `SY_gs FHH_\`YSeRKJs F Y Y s gRSes lRSYKs gRKs 894s _GgFS^KJs Fs HYKFcF^HKs
-VP92D98a\@V?a ;Z9Ea 2aS2VAS;@98aE26D5@P8aE92[9Sa
V?9a P9;Z9E@J>a VP26Da a NLZJ8Sa ?92[@9Pa
V?2Ja\?9Ja @Va2PP@[98a
Ja-, a6E92PSa2a V2JD9Pa2J8a>L9SaVLa;ZEEa

2;W9P5ZPJ9PSaVLa5Z@E8a NP96@LZSaSN998a
Ld_\s%Sds>dFLNUIs'_^gd_Y sLSdfgsg_sIYS\G sF^JsgRK^sg_sJKfIK^Js4ÎKsgRKs\F^KjkKdslFfs
fgFdgKJ s SgslFfsRFdJs g_sX^_IXs_LNs (jdS^PsgdFS^S ^P s gRKsf\__gR^Kffs_Ls_jdsIYS\GslFfs
S^s gRKs RF^Jfs _Ls gRKs *%%s BKs lKdKs F^_gRKds fjGf_^SIs gFdPKgs _^s gRKs F S d s gdFLNUIs
I_^gd_YYKdfs fIdKK^ s LYnS^Ps Fgs FYgTgjJKfs jfKJs Gns KkKdnJFns I_\\KdISFYs gdFLNUIs
9_\KgT\KfsF S d sgdFLNUIsI_^gd_YYKdfsl_jYJs^_gsIYKFdsjfsg_sIYS\GsGKIFjfKs_LsI_^LYSIgT^Ps
F S dYS^KsgdFLNUIs>RSfslFfsJSfI_ÎKdgT^PsFfslKslKdKsGjd^S^PsFG_jgs_^Ksg_^s_LsLjKYsaKds
\ S ^jgKsS ^ sLjYYsa_lKds
4ÎKsgRKsWKgslFfsfgFGYKsS^sFsfRFYY_lsJSkK s-sK^PFPKJs_^YnsaFdgTFYsFjg_aSY_gsI_^gd_Yfs
GKIFjfKsgRSfs\F^KjkKdslFfsjfjF YYnsGKfgslRK^s RF^JsLY_l^sBKs^KKJKJsg_sajfRsgRKs
F S daYF^KsgRd_jPRsgRKsf_j^JsGFddSKdsGKL_dKsfgFdgT^PsgRKsIYS\Gs&KIFjfKs_LsSgfsfSoKsF^Js
lKSPRg s gRKs F S daYF^Ks FYlFnfs fKK\KJs g_s RKfSgFgKs P_S^Ps LFfgKds gRF^s gRKs faKKJs _Ls
f_j^Js-gslK^gsfjaKdf_^SIslSgRsFsRKFknsPd_F^s4ÎKsgRKdK sSgslF^gKJsg_sfgFnsgRKdKs-s
GKPF^s gRKs IYS\Gs Fgs s X^_gfs F ^ J s lKs lKdKs f__^s Fgs 2FIRs s lSgRs gRKs FSdaYF^Ks
FIIKYKdFgT^Ps bjSIXYns BKs dKFIRKJs 2FIRs s flSLhYn s F^Js gRKs FYgT\KgKds KLN_dgYKffYns
l_j^Js jas gRd_jPRs s LKKgs >RSfs FIIKYKdFgT_^s F ^ J s IYS\Gs dKbjSdKJs S^gK^fKs
I_ÎK^gdFgT_^sGKIFjfKs-s RFJsg_sIRKIXsFs \jYgTgjJKs_LsgRS ^Pfs 2nsGFIXfKFgKdsRKYaKJs
GnsIF YYS^Ps_jgsIRKIXa_S^gfsS ^ sgRKsIYS\GsBFYgslFfsFYf_sGjfnsjaJFgT^PsgRKs^FkSPFgT_^s
fnfgK\sF ^ J sIRKIXS^PsfK^f_dfsGKIFjfKsRKslFfsFG_jgsg_sGKPS^sgRKs\KFgs_LsRSfs\SffS_^s
%fslKsaFffKJsgRd_jPRs sLKKg s gRKsfXnsGKPF^sg_sgjd^sFs JFdXKds GYjKs -s I_jYJs
faK^Js YSggYKs gT\Ks K^W_nS^Ps gRKs kSKls gR_jPR s Ffs -s lFfs Gjfns IRKIXS^Ps _LNs faKKJf s
FYgTgjJ Kf sF ^ J sgK\aKdFgjdKfs4^Ks_LsgRKs\_fgsS\ a_dgF^gsW_GfsgRKsaSY_gsRFJslFfsgRKs
\_^Sg_dS^Ps_LsfaSXKsF ^ J sJ__dsa_fSgT_^fs
0FdPKs I_^Kfs S^s gRKs S^gFXKf s IF Y Y KJs faS XKf s I_^gd_YYKJs F S dLY_ls S^g_s gRKs 98;s
K^PS^Kfs>RKsfaS XKf s j^JKdsI_\ajgKdSoKJsI_^gd_Y sl_dXKJslSgRsgRKsFSdsGnaFffsJ__dfs
g_s RKYasgRKs K^PS^Ks _aKdFgKs FgsfjaKdf_^SIsfaKKJfs %SdIdFLhs gdFkKYYS^PsFgsfjaKdf_^SIs
faKKJfsIdKFgKsFsfR_IXslFkKs)^PS^KfsIF^gsJSPKfgsfR_IXslFkKf#sSLsgRKnsgdn sLYF\K_jgfs
_IIjds >RKs S^YKgs \jfgs fY_ls F S d sg_s fjGf_^SIs faKKJfs GKL_dKs Sgs aFffKfs gRd_jPRs gRKs
K^PS^Ks>RKsJ__dskK^gf sY_IFgKJs_^sgRKsK^PS^KsR_jfS^PsWjfgsFLhs_LsgRKsfaS XKf sRKYaKJs
dKPjYFgKsgRKsF S dLY_lsS ^ sgRSfsad_IKffs>RKsaSY_gs\F^jFYYns_aKdFgKJsgRKsJ__dfs
%gs RSPRKds 2FIRs ^j\ GKdf s gRKs faSXKfs \_kKJs FLhs Fjg_\FgTIFYYns Ffs gRKs FSdfaKKJs
SÎdKFfKJs-Ls^KKJKJ sgRKsaSY_gsI_jYJsgFXKsI_^gd_Ys_LsgRKsfaSXKfs\F^jF YYns>RKsfaSXKfs
I_^gd_YYKJsgRKsfR_IXslFkKfsFgsgRKsgRdKfR_YJs_LsgRKs K^PS^KsS^gFXKfs -LsFs fR_IXslFkKs
fgFdgKJs\_kS^PsGFIXsS^g_sgRKsK^PS^K sgRKsfaSXKsl_jYJsajfRsL_dlFdJsdFaSJYnsg_sdKYSKkKs
gRKsFKd_Jn^F\SIsJSfgjdGFÎKsBRK^KkKdsgRSfs_IIjddKJ sgRKsWKgsnFlKJskS_YK^gYnslSgRs
K^_jPRsL_dIKsg_sfYF\sgRKsaSY_gfsRKFJsFPFS^fgsgRKsfSJKs_LsgRKsI_IXaSgs>RSfsajgsgRKsWKgs
S^s JF^PKds_LsP_S^Ps_jgs_LsI_^gd_Y sI_fgsadKIS_jfsLjKYsg_sdKPFS^sY_fgsfaKKJ sF^JsfIFdKJs
gRKs RKYYs_jgs_LsG_gRsIdKls\K\GKdfs>RSfsFKd_Jn^F\SIsJSfgjdGFÎKslFfsdKLKddKJsg_s
FfsF ^ sj^fgFdgs
>,)s( ) ) 6 s&0@)s
-gsLKYgsP__Jsg_sYKkKYs_LNsFgsFYgTgjJKfslRKdKs-s X^Kls-s_l^KJsgRKsfXns -LsF Y Y slFfsl_dXS^Ps

lKYY s -s I_jYJs dKYFms L_ds Fs \_\K^gs Ffs -s dKgFdJKJs gRKs gR d_ggYKfs fYSPRgYns Ld_\s gRKs
\FmS\j\s Gjd^Kdsa_fSgT_^ s g_s \FS^gF S ^ sgRKs ad_PdF \\KJs 2FIRs 8KYFmsSfsFs dKYFgTkKs
gKd\#sgdSaYK f_^SIsLYSPRgsgRSdgKK^s\ S YKfsRSPRsdKbjS dKfsj^dKYK^gT^PsFggK^gT_^s%LhKdsgRKs
fgdKffs _LsgRKs gFXK_LN s gRKs dKLj KYS ^P s F^Js gRKsFIIKYKdFgT_^ s -s FYlFnfs LKYgsFs fK^fKs _Ls
IF Y\ s_ÎKsYKkKYsS ^ sgRKsfgKKYsGYjKsfXns
>RKs &YFIXGSdJs Y_kKJs GKS^Psj a sRSPRs 9RKsIF \ K sS^g_s RKds_l^s jas gRKdKsF ^ J s^KkKds
IKFfKJsg_sS\ adKffs \KslSgRslRFgsfRKs I_jYJs J_s &KIFjfKs_LsgRKs JKfSP^s_LsgRKs S^YKgs
fnfgK\ s gRKs LFfgKds gRKsWKgs LYKls gRKs \_dKs KLNUISK^gs Sgs GKIF\Ks &KggKds dF^PKs lFfs
FggF S ^ KJs Gns SÎdKFfS^PsgRKsfaKKJs>RSfslFfs gRKs _aa_fSgKs_Ls_gRKdsWKgfs -s RFJsLY_l^ s
lRKdKsLjKYsLY_lsSÎdKFfKJsFgsRSPRKdsfaKKJfs 4ÎKsgRKs98slFfsFgsIdjSfKs faKKJ s -s
I_^gT^jFYYnsFJWjfgKJsgRKsgRd_ggYKfs GFIXsg_s XKKasgRKsfaKKJs J_l^s>RKsWKgsIdjSfKJs S ^ s
FLhKdGjd^Kd sGjgsdFdKYnslFfs\FmS\j\sa_lKds^KKJKJs
4jdsgdFS^S^PsLYSPRgfsg__Xsjfs_kKds\jIRs_LsgRKslKfgKd^sRFYLs_LsgRKs@ ^SgKJs9gFgKfs%s
gnaSIFYs f_dgTKs _jgs _Ls &KF Y K s SÎYjJKJs Fs dK^JKok_jfs lSgRs Fs gF^XKds _kKds 3KkFJF s
FIIKYKdFgT^Ps g_s 2FIRs s FId_ffs Bn_\S^Ps F ^ J s YKkKYS^Ps FG_kKs s LKKgs _kKds
2_^gF^FsBKJs gjd^s dSPRgsFaad_FIRS^Ps9_jgRs (FX_gF sd_YYs_jgs S^s '_Y_dFJ_ sF ^ J soSas
f_jgRs g_s 3Kls 2KmSI_s >RKdKs lKJs GKPS^s F^_gRKds dSPRgs gjd^s gRFgs l_jYJs IFddns jfs
gRd_jPRs %dSo_^Fs F ^ J sfgdFSPRgsg_sf_jgRKd^s 'FYSL_d^SF s gRK^s _jgs_kKdsgRKs _IKF^s F ^ J s
LS ^FYYnsjasg_s gRKs 9KFggYKsFdKFs lRKdKs lKJs adKaFdKs g_s JKfIK^Js GFIXsg_s 2 F dnfkS YYK s
'FYSL_d^SFs>RSfslFfsFs ^SIKsg_jdsS ^ sgl_sF^JsFsRFYLsR_jdfs
>_s\_dKsLjYYnsj ^ J KdfgF ^ J sgRKsI_ÎKags_Ls2 F IRs sS\FPS^KsgRKsfaKKJs_LsFs GjYYKgs
I_\S^PsLd_\sFs RSPRsa_lKdKJsR j ^gT^PsdSLYKs -gsS f sgdFkKYYS^PsFgs sLKKgsaKdsfKI_^Js
FfsSgsYKFkKfsgRKs\jooYKs>RKs9YKJsl_jYJsIdjSfKsKFfSYnsFgssLKKgsaKdsfKI_^J slSgRs
a_lKdsg_s faFdKs>RKdKslFfsFs Y_gslKsI_j Y J ^gs J_sS^sgRKsF S daYF ^ K s GjgslKslKdKsgRKs
LFfgKfgsPjnfs_^sgRKsGY_IXsF ^ J sLdKbjK^gYns\K^gT_^KJsgRSfsLFIgsg_sLKYY_lsFkSFg_dfs-YYs
F YlFnfsdK\K\GKdsFs IKdgF S ^ sdF JS_sKmIRF^PKsgRFgs_IIjddKJs_ ^ K sJFnsFfsBFYgsF ^ J s -s
lKdKs fIdKF \S^PsFId_ffs f_jgRKd^s 'FYSL_d^SFs s \ S Y Kfs RSPRs B K slKdKs \_^Sg_dS^Ps
kFdS_jfs dF JS_s gdF^f\SffS_^fs Ld_\s _gRKds F S dIdFLhs Ffs lKs K^gKdKJs 0_fs %^PKYKfs
'K^gKdfs F S dfaFIKs >R_jPRs gRKns J S J ^gs dKFYYns I_^gd_Ys jf s gRKns J S J s \_^Sg_ds _jds
\_kK\K^gs FId_ffs gRKSds fI_aKs -s RKFdJs Fs 'Kff^Fs FfXs L_ds Fs dKFJ_jgs _Ls Sgfs
Pd_j^ JfaKKJs s X^_gf s 'K^gKds dKaYSKJs 2_\ K^gfs YFgKds Fs >lS^s &KKIRs
dKbjSdKJs gRKs fF\Ks s X^_gf s 'K^gKds F ^flKdK J s BKs lKdK^gs gRKs
_^Yns _^Ks `c_jJs _Ls _jcs e`KKJs gRFgs JFns Fes F Y \_egs SêgF^gYns F ^ s *s e\jPYns
gcFê\SggKJ s %R s 'K^gKc s (jegns s cKbjKeges Pc_j^Je`KKJs cKFJ_jgs=RKcKs lFes Fs
eYSPRgs `FjeKs s X^_ges _^s gRKs Pc_j^J s (jegns %^_gRKcs eSYK^gs `FjeKs %es -s lFes
gRS^XS^Psg_s\neKYLsR_lscS`KsFs eSgjFgT_^sgRSeslFe s -s RKFcJsgRKsLF \SYSFcsHYSHXs_LsFs cF JS_s
gcFê\SeeS_^sH_\S^PsLc_\s\nsGFHXeKFgKcs -gslFesFgsgRFgs`cKHSeKs\_\K^gs-s cKFYSoKJs
BFYgsF ^ J s-s RFJsGKH_\KsFs cKFYsHcKl sL_cslKslKcKsG_gRsgRS^XS^PsS^s j^Se_^s 'K^gKc s
%e`K^s sn_jsP_gsFsPc_j^Jse`KKJscKFJ_jgsL_csje$s=RKcKslFesFs Y_^PKcsgRF^s^_c\FYs
`FjeKs %e`K^ s -s eR_ls _^Ks gR_jeF^Js eKkK^s Rj^J cKJs F^Js L_cgngl_s X^_ges 3_s
LjcgRKcsS^bjScSKeslKcKsRKFcJs_^sgRFgsLcKbjK^Hns
BRK^slKsLZKlsFgsY_lsFYgTgjJKesF^JseXS\\KJs GnsHY_jJe slKseKêKJs_jcse`KKJsGns
R_lsLFegsgRKsHY_jJeselK`gs Gns BRK^s lKslKcKsRSPRs FG_kKsgRKsKFcgR s lKsRFJs YSggYKs
`RneSHFYsHjKesgRFgs\FJKsjesLKKYslKslKcKsLZnS^PsFgsPcKFgse`KKJs-sP_gsFscKFYseHFcKs_^Ks
gT\KsRSPRs_kKcs3KkFJF sF^JsSgskSkSJYnseR_lKJs\ K slRFgs_jcse`KKJsY__XKJsY S XKs%G_jgs
gRKs_^YnsgcFLNSHslKslKcKsg_YJslKs\SPRgseKKsFG_kKs sLKKg slFesF ^ sKccF^gslKFgRKcs
GFYY__^s %YgR_jPRs gRKns lKcKs Fs cFcKs eSPRg sgRKns lKcKs Fs RFoFcJs g_s F S cHcFLhs -s ^KkKcs
gR_jPRgs -sl_jYJseKKs_^K s Gjgs-s JSJs *ScegsSgsF``KFcKJsFesFs e`KHXs_^s \nslS^JeHcKK^ s
gRK^sSgsSêgF^gYnsGKHF \ K sFs PSF^gsGFYYs_LNsg_s\nscSPRgs=RKcKslFes^_sgT\Ksg_s\FXKsF ^ s
KkFeSkKsgjc^s_ c sKkK^sgRS^XsFG_jgsgjc^S^Ps -s H_jYJs_^YnslFgHRs S^sgKcc_csFesS g slRSeXKJs
`FeeKJsjes -sbjSHXYnsY__XKJsS^sgRKs\Scc_csF^JseFlsgRKsGFYY__^sLZjggKcslSYJYnsLc_\sgRKs
`FeeFPKs_Ls_ jcseR_HXlFkKs- ^ sF ^ sSêgF^g sSgsGKHF \ K sFse`KHXsFPFS^s=RKsK^gTcKsK`Se_JKs
g__Xs_^YnsFs LKlseKH_^Jes &nsgRKsgT\Ks -s S^L_c\KJsBFYgslRFgs-s RFJsVjegseKK^ s SgslFes
Y_^PsP_^Ks=RFgslFesgRKsLFegKegs-kKsKkKcseKK^sF^ngRS^Ps\_kKsGns\Ks-s `cKLKccKJsg_s
XKK`s Fs eKêKs_Ls_jcse`KKJs Gns eS\`YnslFgHRS^Ps \ns JSegF^HKs \KFejcS^PsKbjS`\ K^gs
(1) sHYSHXs_LNsFs \SYKsKkKcnsgl_seKH_^Jes
%YgTgjJKsH_j Y J sGKsJKHKSkS^Psg__s4^HKsFeslKs\FJKsFscj^sFHc_ees'_Y_cFJ_ s-s^_gTHKJs
Fs cF^PKs _Lse^_lHF ``KJs \_j^gFSês gRFgs -s gR_jPRgs KmgK^JKJs Lc_\s 6SXKes 6KFXs S ^ s
'_Y_cFJ_ sg _ sgRKsG_cJKcs_Ls3Kls1KmSH_s -s lFes jeKJsg_sLZnS^Ps\ S YSgFcnsVKges GKglKK^s
s F^Js s LKKg s F ^ J s \ns KnKes lKcKs HFYSGcFgKJs g_s gRFgs eHFYKs ?`_^s HY_eKs
Sê`KHgT_^ s -s cKFYSoKJs -s lFesY__XS^PsFgsgRKseKP\K^gs_Ls8_HXns 1_j^gFSês KmgK^JS^Ps
Lc_\s'_Y_cFJ_sg_sgRKs'F ^FJSF^sG_cJKcs -slFesPF S^S^PsF^sK^gTcKYns^Kls`Kce`KHgTkKs_^s
gRKsl_cYJsGKY_ls
4^HKs FgsFYgTgjJK sgRKskSKlsLc_\sgRKsH_HX`Sgs lFese`KHgFHjYFcs Gjgs^_c\FYYnslK^gs
j^F` `cKHSFgKJs GKHFjeKsH_HX`SgsJjgTKes\_^_`_YSoKJs\nsFggK^gT_^s%es\nsLZSPRgsgT\Ks
S^sgRKsVKgsS^HcKFeKJ s-s_HHFeS_^FYYnsg__XsFsLKlseKH_^Jesg_sY__Xs_jgeSJKs )kK^sgR_jPRs
gRKeKs\_\K^geslKcKsGcSKL s\ns\K\_cns_LsgRK\slFesYFegT^Ps
9D9>)29s
>R_jPRsgRKs894slFfsdKfa_^fSGYKsL_ds^FkSPFgT_^ s-sY S XKJsg_sXKKasj a slSgRs_jdsa_fSgT_^s

gRd_jPR_jgs gRKs LYSPRgs >RSfs lFfs JSLNUIjYgs g_s J_s Gns fS\aYns Y__XS^Ps_jgs gRKs lS^J_ls
'_\ajgKdSoKJs fj\\FdSKfs_Ls JKgFSYKJs S^L_d\FgT_^s FG_jgs _jdsLYSPRgslKdKs ad_kSJKJs
Gjgs -s lF^gKJs Fs I_ÎSfK s KFfns g_s dKFJs JKaSIgT_^s _Ls \ns d_jgKs _Ls LYSPRgs F^Js Sgfs
PK_PdFaRns /^_lS^Ps adKISfKs YFgTgjJKs F^Js Y_^PSgjJKs lFf^gs Ffs S \ a_dgF^gsg_s \Ks Ffs
X^_lS^Ps lRKgRKds g_s gjd^s dSPRgs _ds YKLhs &KfSJKf s -s RFJs BFYg s F ^ s KÎnIY_aKJSFs _Ls
S^L_d\FgT_^ sg_sgKYYs\KsJKgFSYfsSLs-s^KKJKJsgRK\s
%LhKdsFggK\agT^Ps JSLNKdK^gs \KgR_Jfs_LsI_IXaSgs R_jfKXKKaS^P s -s IF \ K sjaslSgRs Fs
fnfgK\s -s Y S XKJs-s jfKJsF ^ s_YJsRSPRsfIR__YsPK_PdFaRnsG__Xs g_sgdFIKsF ^ s_jgYS^Ks_LsgRKs
lKfgKd^s @ ^SgKJs9gFgKfsF^JsgRKsfgFgKsG_j^JFdSKfs 3Kmgs-s JdKlsF^s F aad_mS\FgT_^s_Ls
_jds d_jgK s \FdXS^Ps a_S^gfslRKdKs lKsl_jYJs gjd^ s dKLjKY s F ^ J s GKPS^s JKfIK^gfs >RSfs
RF^J\FJKs\FasLSgsS^g_sFs L_jdsGnsfSmSÎRs aYFfgTIsad_gKIg_dsgRFgs-s ajgs_^s\nsX^KKs
G_FdJsBSgRs\nsfnfgK\ s-sI_jYJsPYFÎKsJ_l^ sfKKslRKdKs-slFfsRKFJS^P sF^JslRK^sgRKs
^Kmgsgjd^sl_jYJsGKs
%YgR_jPRsgRSfsfnfgK\s lFfsfS\aYK sSgslFfskF YjFGYKsGKIFjfKsSgsXKags\Ks_dSK^gKJsFgs
RSPRsFYgTgjJKsF ^ J sRKYaKJs\Ks\FXKsbjSIXsFffKff\K^gfs_LslRKdKsg_sYF^JsSLslKsRFJsF ^ s
K\ KdPKÎnsBRK^sl K sfgFdgKJsLYnS^Ps_aKdFgT_^FYs\SffS_^f s-sI_^gT ^jKJslSgRs\ n sFgYFfq
_^FX^KKsfnfgK\s>RKdKslFfs^_sd__\sL_dsFsld_^Psgjd^sgRK^ sF^Js\nsX^KKsJdFlS^Pfs
lKdKsFskF YjFGYKsg__YsL_dsS^fgF^gs_dSK^gFgT_^s
*_dgj^FgKYn s \nsGFIXfKFgKds_aKdFgKJs Fs \_dKs f_aRSfgTIFgKJs ^FkSPFgT_^s fnfgK\s
>RKs %fgd_Y^ KdgTFYs 3FkSPFgT_^s 9nfgK\s %39 s lFfs Fs aRK^_\K^FYs fnfgK\s F^Js lKs
I_^fSJKdKJs Sgs_jdsgRSdJsIdKls\K\GKds 2jIRs YSXKs 8(s S^s gRKs9gFdsBFdfs \_kSKf s Sgs
lFfs aYFIKJs S^g_s Fs faKISFYs I_\aFdg\K^gs GKRS^Js gRKs 894fs I_IXaSgs -gs RFJs Sgfs _l^s
I__YS^PsfnfgK\s gRFgslFfsXKagslSgRS^s Fs LKls JKPdKKfs_LsSgfs adKfIdSGKJs gK\aKdFgjdKs
>RKs%39sI_jYJsgdFIXsjasg_ssfgFdfsS^sGd_FJsJFnYSPRgsgRd_jPRsSgfsPYFffsa_dgR_YKsFg_as
gRKsLjfKYFPKs -gsfgFdgKJs LjÎgT_^S^PsFfsf__^s FfsgRKsF S dIdFLhs YKLhsgRKsRF^PFds -gslFfsFs
IdSgTIFYs aFdgs _LsgRKs \SffS_^#s SLs Sgs I_jPRKJ s lKsgjd^KJs Fd_j^Js>FaKfsJKfIdSGS^Ps_jds
d_jgKs_LsLYSPRgslKdKsLKJsS^g_sgRKs%39sGKL_dKsgFXK_LN sF^Js_ÎKsF S dG_d^K sSgsS^gKdLFIKJs
lSgRsgRKsFjg_aSY_gsfnfgK\s>RKs894sfaK^gsFs fjGfgF^gTFYsgT\Ks\_^Sg_dS^P sIRKIXS^P s
jaJFgT^P s F ^ J s f_\KgT\Kf s Wjfgs aYFS^s LSPjdS^Ps _jgs gRKs %39s -gs lFfs Fs dK\FdXFGYKs
fnfgK\sF ^ J sJSJ^gsLFSYs_LhK^s-sgR_jPRgsgRKs%39sfR_jYJsRFkKsRFJsSgfs_l^sYSggYKsfaFIKs
9jSgs
2_fgsaK_aYKslKdKsj^JKdsgRKsS\adKffS_^sgRKsFjg_aSY_gsJSJsFYYsgRKsLYnS^P sF^JsgRKsaSY_gs
fFgsgRKdKsF^Js\_^Sg_dKJsgRKsPFjPKfs>RKsaSY_gsJSJs\_^Sg_dsgRKsPFjPKfsFYYsgRKsgT\Ks Gjgs
RKsFYf_sI_^gd_YYKJsgRKsFSdfaKKJsF^JsFYgTgjJKs,KsdKPjYFgKJsgRKs2FIRslSgRs gRKsgRd_ggYKfs
gRd_jPR_jgs gRKs LYSPRgs F ^ J sFJWjfgKJs FYgTgjJKs Gns JKYSIFgKYns \_kS^Ps Fs gRj \GlRKKYs
I_^gd_Ys_^sgRKsFjg_aSY_gs>RKsFjg_aSY_gsRKYaKJsGnsI_^gd_Y YS^PsgRKsPd_j^JsgdFIXsF^Js
g_YJsgRKsWKgslRK^sg_sgjd^sFY_^Psg RKsd_jgKs>jd^fslKdKs\FJKslSgR_jgsgRKsaSY_gs\FXS^Ps
Sâjgfs_^sgRKsfgTIXs
BKs ^_d\FYYns IdjSfKJs S ^ s Fs kKdns fYSPRgs IYS\Gs gRd_jPR_jgs gRKs LYSPRgs %fs gRKs WKgs
GKIF\Ks YSPRgKdsJjKsg_sLjKYsI_^fj\ agT_^ sFYgTgjJKslFfsSÎdKFfKJsPK^gYnsg_s_agT\SoKs
gRKs dF^PKs%fsgRKs F S d sGKIF\Ks gRS^ ^Kd s YKffsLjKYs lFfs dKbjSdKJsg_sFIRSKkKsgRKs fF \ K s
gRdjfgs 4jgfSJKs FSdsgK\aKdFgjdKs R F J sgRKs PdKFgKfgs S^LYjKÎKs _ ^ sLjKYs I_^fj\agT_^s
)kK^sgR_jPRs_jdsL_dKIFfgKdfslKdKsP__J sjaaKdsYKkKYsgK\ aKdFgjdKfslKdKsJSLNUIjYgsg_s
adKJSIgs FIIjdFgKYns BFd\Kds gRF^s fgF^JFdJs gK\ aKdFgjdKfs Fgs RSPRs FYgTgjJKs Rjdgs
aKdL_d\FÎKs Gns SÎdKFfS^Ps LjKYs I_^fj\agT_^s '_YJKds gRF^s ^_d\FYs gK\aKdFgjdKfs
lKdKs Fs GYKffS^Ps F ^ J s RKYaKJs jfs \FXKs PFfs K^s d_jgKs BKs I_jYJs gKYYs Ld_\s I_IXaSgs
S^JSIFgT_^f s SLs gRKs _jgfSJKs FSds gK\aKdFgjdKs lFfs JSLNKdK^gs Ld_\s lRFgs RFJs GKK^s
L_dKIFfgs BKs jfKJs gRSfs S^L_d\FgT_^s g_s fKKXs gRKs _agT\j\s FYgTgjJKs lSgRs gRKs GKfgs
gK\aKdFgjdKs
-^s FJJSgT_^s g_s \_^Sg_dS^Ps LjKYs bjF^gTgn s \FS^gF S^S^Ps gRKs ad_aKds 2FIR s F ^ J s
FJWjfgT^PsFYgTgjJK s-sR F J sfKkKdFYs_gRKdsI_IXaSgsIR_dKf!sFJWjfgT^PsgRKsIK^gKds_LsPdFkSgns
'+ s F ^ J sIY_fKYns \_^Sg_dS^Ps K^PS^KsgK\aKdFgjdKfsF ^ J sgRKs a_fSgT_^fs_LsgRKs faSXKfs
F ^ J sgRKsF S d sG naFffsJ__dfs>RKsF S dIdFLhfsIK^gKds_LsPdFkSgnsIRF^PKJsFfsLjKYslFfsGjd^KJs
-s I_^gT^jFYYns\_^Sg_dKJsF ^ J sFJWjfgKJs Sgs>_s \FS^gFS^sF^s_agT\j\s'+ s -s gdF^fLKddKJs
LjKYsL_dlFdJs _dsFLhs Gns _aKdFgT^PsLjKYsG__fgsaj\afs >RSfs ^_gs_^Ynsad_kSJKJsFs \_dKs
fgFGYKsFSdaYF^K sGjgsFYf_sdKJjIKJsgRKsJdFPs
&ns dKJjIS^PsJdFP slKsfFkKJsLjKYs%^_gRKdslFnslKsdKJjIKJs JdFPslFfsGnsS^fjdS^Ps
gRKsI_^gd_Ys fjdLFIKfs lKdKs ad_aKdYnsgdS \ \KJs *_YY_lS^PsgRKs dKLjKYS^P s gRKs djJJKdfs
lKdKsf_\KgT\Kfs_jgs_LsFYSP^\K^gsGKIFjfKsgRKnsRFJsGKK^sgdS\\KJsg_s_LNfKgs LYnS^Ps
lSgRs_^KsGjd^KdsYSgs-sIRKIXKJsdjJJKdsF Y SP^\K^gsGnsY__XS^PsgRd_jPRsFsf\F Y Y saKdSfI_aKs
Y_IFgKJs Fgs gRKs g_as _LsgRKs I_IXaSgs -s ajfRKJs gRKs aKdSfI_aKs S^g_s gRKs fYSafgdKF\s F ^ J s
I_jYJsfKKsgRKsdKFds_ L sgRKsF S dIdFLhs -Ls-sI_jYJsfKKsgRKsdjJJ Kdfs_LNfKg s -sgdS\\KJsgRK\s
LYjfRslSgRsgRKskKdgTIFYsgF SYs
)^PS^KsgK\ aKdFgjdKfslKdKsS\a_dgF^gsg_s lFgIRs 9_\KgT\ Kf s gRKnslF^JKdKJs_jgs
_LsgRKsfFLKsGF^J sF ^ J s-sFJWjfgKJsgRK\sGFIXsS^g_sgRKsJKfSdKJsdF^PKslSgRsFsYKkKdsS^sgRKs
I_IXaSgs9aSXKfsF^JsF S d sGnaFffs J__dsPFjPKfslFddF^gKJs Fs \ S YYS_^sY__XfsaKdsLYSPRg s Ffs
\K^gT_^KJs KFdYSKds -LsFs faSXKs lKdKs FfsYSggYKsFfs F^s SÎRs _LN s gRKs S^YKgslFfs_aKdFgT^Ps
S^KLNUISK^gYnsI_fgT^PskF YjFGYKsLjKY sF ^ J sgRKsYSXKYSR__Js_LsF^sj^fgFdgsSÎdKFfKJs
%gsgRKsY_lsFYgTgjJKf sgRKsWKgsdKbjSdKJsFsfgd_^PsFd\sg_s\jfIYKsgRKsfgTIXsFd_j^Js%gs
RSPRsFYgTgjJK sgRKsaSY_gsLYKlsgRKsF S daYF^KsLd_\sgRKs^KIXsjas>RKsaSY_gsfgTYYsI_^gd_YYKJs
FYgTgjJKsF ^ J sF S dfaKKJ s GjgsI_^gd_Ys Sâjgfs I_jYJs ^_gsGKsFGdjags *YnS^PsLFfgKds gRF^s Fs
faKKJS^PsGjYYKgs\FJKsF^nsI_^gd_YsS ^ ajgs^_gTIKF GYKsBKsI_jYJsRF^JLYnsgRKsWKgsFG_kKs
2FIRss SLsgRKsFjg_aSY_gsLFSYKJ s Ffs Y_^PsFfs gRKsfgFGSYSgnsFjP\K^gFgT_^s fnfgK\fslKdKs
LjÎgT_^S^Ps>RSfsdKbjSdKJsFs I_ÎK^gdFgKJs KLN_dgsF^JsRFaaK^KJsg_sjfs_^Ks JFns_kKds
)jd_aKs -s K^JKJsjasRF^JLYnS^PsgRKsF S daYF^KsgRd_jPRsgRKsfKI_^JsRFYLs_LsgRKs\SffS_^s
F ^ J s-slFfsFGYKsg_sR_YJsSgsfgKFJnsK^_jPRsL_dsgRKsfK^f_dfsg_sLjÎgT_^sKLNKIgTkKYns
&ns gRKs gT\Ks -s IF\Ks g_s gRKs ad_PdF \ s gRKs 98s RFJs GKK^s LSggKJs lSgRs Fs gdSaYKs
I_\ajgKdsfnfgK\s gRFgs RKYaKJs \F^FPKs LYSPRgs fnfgK\fs >RSfsfnfgK\s lFfsFs kF YjFGYKs
FJJSgT_^sg_sgRKsF S dIdFLh sGjgsgRKsI_\ajgKdfsJSJs^_gsLYnsgRKsWKgsL_ds\Ks>KIR^SISF^fsg_YJs
jfs gRKs I_\ajgKdfs lKdKs RSPRYns dKYSFGYKs F ^ J s gRKs a_ffSGSYSgns _Ls F Y Y s gRdKKs LFSYS^Ps
fS\jYgF^K_jfYnslFfsoKd_s -s gRS^XsgRKsPjnfslR_sSffjKJsgRFgsfgFgK\K^gslKdKsGdS YYSF^gs
K^PS^KKdf sGjgsgRKns^KkKdsLYKlsWKgfs9KkKdFYs\_^gRfsYFgKd sFsIdKlslFfsdKgjd^S^PsLd_\s
'K^gdFYs %\KdSIFs Fgs RSPRs 2FIRs F ^ J s ^KFdYns RFJs g_s KWKIgs %YYs gRdKKs I_\ajgKdf s
F\FoS^PYns K^_jPR s RFJs LFSYKJs fS\ jYgF^K_jfYn s F^Js gRKs F S dIdFLhs lFfs F Y \_fgs
jÎ_^gd_YYFGYKs-gsaSgIRKJsj a sF^JsgRKsaSY_gslFfsGFdKYnsFGYKsg_sYKkKYsSgs -gsaSgIRKJsj a sFs
fKI_^Js gT\K s F ^ J s RKs \ S dFIjY_jfYns ldKfgYKJs gRKsWKgs g_s Fs fK\GYFÎKs _LsI_^gd_YYKJs
LYSPRgs ,KsS^L_d\KJsRSfs894sgRFgsSLsgRKdKslKdKs_^Ks\_dKs_fISYYFgT_^ sRKsl_jYJ^gsGKs
FGYKsg_sI_^gd_YsSg sF^JsgRKnsl_jYJsRFkKsg_sKWKIgs%gsgRFgs\_\K^g sF Y Y sgRdKKsI_\ajgKdfs
dKfKg sF^JsgRKnslKdKsFGYKsg_sI_^gT^jKsLYnS^PsF^JsYF^JKJsfFLKYns>RKs894sRFJsFsfKdS_jfs
JSfIjffS_^slSgRsgRKsI_\ajgKdsfaKISFY SfgfsFLhKdsgRFgsf_dgTKs
>,)s9 @ ->s
*YnS^PsS ^ sgRKsfaFIKsfjSgslFf^gsFfsjÎ_\L_dgFGYKsFfs SgsY__XKJs>RKnslKdKsKLNUISK^gsS ^ s

JKfSP^sF^JsfjaKdGYns\FS^gF S^KJsGns69( sf_sl K sdFdKYnsRFJsF^nsad_GYK\fslSgRsgRK\s
%s\FS^skFYkKsI_^gd_YYKJsgRKsF\_j^gs_LsFSdLY_lsg_sgRKsfjSgs-gslFfsY_IFgKJs_^sgRKsLd_^gs
_LsgRKsfaFIKsfjSgsF^JsI_^gd_Y YKJsgRKsF\_j^gs_LsF S d sISdIjYFgT^PsgRd_jPRsgRKsfaFIKsfjSgs
8j^^S^Ps F S dLY_ls jas g_s RSPRs lFfs ^_d\FYYns ^_gs J_^K s GKIFjfKs Sgs S^LYFgKJs gRKs fjSgs
fYSPRgYn sgFXS^Psjas d__\s S^s gRKs I_IXaSgs >RKs fjSgsg_df_s I_^gFS^KJsLY_gFgT_^s JKkSIKfs
gRFgsSÎdKFfKJsgRKsGjYXs_LsgRKsfaFIKsfjSgs%LhKdsY_^PsR_jdfs_LsLYSPRg s-sl_jYJsSÎdKFfKs
gRKsFSdLY_lsg_sLKKYsI__YsFSdsPjfRsFId_ffs\nsG_Jns>l_sfKaFdFgKsdR K_fgFgfsI_^gd_YYKJs
fjSgsgK\ aKdFgjdK sF^JsRKFgsg_sgRKsLFIKsaYFgKs>RKs9jSgs,KFgsdRK_fgFgsI_^gd_YYKJsgRKs
gK\aKdFgjdKs_Lsg RKsFSdsISdIjYFgT^PsS ^ sgRKsfjSgs>RKs*FIKs,KFgsdRK_fgFgslFfsjfKJslRK^s
gRKsLFIKsaYFgKs_^sgRKsRKY\KgsL_PPKJsjas-gsSÎdKFfKJsgRKsLY_ls_LslFd\sFSdsFId_ffsgRKs
LFIKsaYFgKsIFjfS^PskFa_dsg_s JSffSaFgKs
-s RFJsgRKsFJJKJs ad_GYK\s_LslKFdS^PsPYFffKfs>RKsfgK\fslKdKsfR_dgK^KJ sF^JsgRKs
PYFffKfslKdKsLSmKJsg_sFsf\FYYs>GFdsF gsgRKsg_as_LsgRKsRKY \Kg sRKYJsfKIjdKYnslSgRsAKYId_s
4IIFfS_^FYYnsgRKsYK^fKfsL_PPKJsja sF ^ J s-sF Y YKkSFgKJsgRSfsad_GYK\sGnsSÎdKFfS^PsFSdLY_ls
gRd_jPRs gRKsfjSgs4gRKdsgRF^sgRSf sgRKsPYFffKfslKdKs^KkKdsFs ad_GYK\s-s^KkKdsdKFYSoKJs
R_ls_LhK^s-sFJVjegKJs\nsPYFeeKes_cseHcFgHRKJs\nsLFHKsj^gTYs-s `jgs_^sFse`FHKsRKY\Kgs
4^sgRKsLScegsL KlsLZSPRge s-sgcSKJsg_seHcFgHRs\nsLFHKs_^Ynsg_sLS^Js\nsLS^PKcesS^gKccj`gKJs
GnsFsLFHKs`YFgKs-sRFJsL_cP_ggK^slFesgRKcKs
=RKs RKY\Kgs RFJs F^s FJVjegFGYKs JFcXs kSe_csg_s`c_gKHgsLc_\sgRKs GcSPRgsej^sFgsRSPRs
FYgTgjJKs?eS^PsgRKsJFcXskSe_cslFes^_gsFYlFnesRKY`LjYs&cSPRgsej^YSPRgsHFjeKJsPYFcKs_^s
gRKsPFjPKesF^Js`c_kSJKJsFsYFcPKsH_^gcFegsg_sgRKseRFJKsS^sgRKsH_HX`Sgs6jYYS^PsgRKsJFcXs
kSe_csJ_l^s \FJKs cKFJS^Ps Sêgcj\ K^ges ^KFcYns S\`_eeSGYKs j^JKcsgRKeKs H_^JSgT_ês
=RKse_Y jgT_^slFesY_lKcS^PsgRKsejêRFJKesg_sGY_HXsgRKsej^sF ^ J slKFcS^PsgRKskSe_csS^s
gRKsj`s`_eSgT_^s=RKsejêRFJKeslKcKseS\SYFcsg_sgRKsej^skSe_cesL_j^JsS^sFjg_\_GSYKes
=RKnsH_jYJsGKs\_kKJsS^sFskFcSKgns_Ls`_eSgT_êsF ^ J sKkK^sKm`F^JKJsg_sH_kKcsFsPcKFgKcs
FcKFs%es gRKsVKgs`c_HKKJKJsgRc_jPRs JSLNKcK^gs `RFeKes _LsLZSPRg s gRKs `SY_gsH_^gT^jFYYns
cK`_eSgT_^KJs gRKs eRFJKes g_s GY_HXs PYFcKs e_s R K s H_jYJs HYKFcYns eKKs S \ `_cgF^gs
Sêgcj\K^ges8KLjKYS^Ps_^sFsej^^nsJFnslFes_^KsgT\KslRKcKsgRKsJFcXskSe_cslFesjeKJs
=RKs_^YnseKcS_jes`c_GYK\s -s K^H_j^gKcKJslSgRs \nse`FHKsejSgslFeslRK^s -s Y_egsejSgs
RKFgsS^sgRKs\SJJYKs_LsFse_cgTKs=RKsH_HX`SgsJ S J s^_gsRFkKskK^gesg_s`c_kSJKslFc\sF S c sYSXKs
_gRKcsF S c`YF^KesBSgRsgRKsejSgsRKFgsS^_`KcFgTkK sgRKs_kKcFYYsH_YJslFe^gsg__s GFJs_^s
\nsG_Jn s GKHFjeKsgRKse`FHKsejSgs_LNKcKJs e_\Ks`c_gKHgT_^s &jgs\nsRF^JesGKPF^sg_s
LKKYsgRKs^j\GS^PsH_YJsF ^ J s-s lFesegFcgT^Psg_s Y_eKsgRKsLKKYs _Ls\nsLS^PKcesgRc_jPRsgRKs
PY_kKes-scK\K\GKcKJsLc_\sgcF S ^S^PsgRFgsgRKslS^J_lesS^sgRKsH_HX`SgsRKFgKJsg_sFG_jgs
sJKPcKKes*FRcK^RKSgslRK^sHcjSeS^PsFgs1FHRssBKslKcKsP_S^PsL FegKcsgRF^sgRFgse_s
-s X^KlsgRKslS^ J_les \jegs GKslFc\s KkK^s _^s gRKsSêSJKs -s `YFHKJs \ns PY_kKJs RF^Js
FPFSêgsgRKslS^J_ls-^seKH_^Je s\nsRF^JslFes^_gsVjegslFc\ sSgslFesR_gsBSgRsHFcK s-s
lFes FGYKsg_s H_\`YKgKsgRKs\SeeS_^s Gns S^gKc\SggK^gYns lF c\S^Ps\ns RF^Jes Gns PK^gYns
`YFHS^PsgRK\sFPFSêgsgRKslS^J_les
3 -+ , = s
6Fcgs _ L s_jcs gcFS^S^Ps S^HYjJKJs YKFc^S^Psg_s LZnsgRKs 98sF g s^SPRgs 3SPRgsLZnS^Ps S^s F^ns
F ScHcFLhs lFes HRFYYK^PS^P s GjgsSgs lFes KkK^s \_cKs JSLNSHjYgs S^s gRKs 9YKJs =RKsFSc`YF ^Kes
H_HX`SgsYSPRgT^PsRFJsHRF^PKJskKcnsYSggYKseS^HKsSgslFesLScegsGjSYg sF^JsgRKs_YJegnYKsenegK\s
JSJs^_gsj^SL_c\YnsSYYj\ S^FgKsFYYsgRKsPFjPKes-LsgRKsYSPRgeslKcKsgjc^KJsj ` se_sgRKsJS\\Kegs
PFjPKsH_jYJsGKsKFeSYnscKFJ sgRKsH_HX`SgsLZ__JKJslSgRsYSPRgsgRFgsG_j^HKJs_LNsgRKsS^lFcJs
HF^gT^Ps_LsgRKseSJKslS^J_lesF^JsgRKseRFc`F^PYKJsLc_^gslS^JeHcKK^s=RKslS^JeHcKKês
GKHF\Ks\Scc_cescKLZKHgT^PsgRKsH_HX`SgseHK^KsGFHXsg_s\K sF^Js_GegcjHgKJs\nsFGSYSgnsg_s
eKKs _jgs &ns gjc^S^Ps gRKs YSPRges J_l^s Y_l s -s cKJjHKJs gRKeKs JSegcFHgT^Ps
cKLZKHgT_ês F^Js H_jYJs \_cKs KFeSYns eKKs S \ `_cgF^gsgRS^Pes YSXKs _gRKcs F S cHcFLh s _cs gRKs
cj^lFns-sRFJsg_s\FXKsFsgcFJ K_LNsGKglKK^sGKS^PsFGYKsg _scKFJsFYYsgRKsSêgcj\ K^ge s_cs
GKS^PsFGYKsg_seKKs_jgeSJKs (jcS^PsFKcSFYscKLjKYS^P s-se`K^gs\_egs_LsgRKsgT\KsegFcS^PsFgs
gRKs gF^XKces JS cKHg_cs YSPRgesF ^ J sJSJ^gs ^KKJs g_s egjJnsH_HX`SgsPFjPKe s e_sgRKs YSPRges
cK\FS^KJsJS\\KJs4^HKslKsegFcgKJsgRKsFHHKY KcFgT_^s\F^ KjkKc s-sgjc^KJsgRKsH_HX`Sgs
YSPRgT^Psj`sBKslKcK^gsFesH_^HKc^KJslSgRseKKS^PsF^JsFk_SJS^Ps_gRKcsgcFLNSHsFgsgRKs
FYgTgjJKeslKsLcKbjK^gKJs%G_kKs sLKKg sgRKseXnslFes_jces1nsH_HX`SgsGKHF \ K sFs
l_\Gs _Ls GcSPRgYns YSgs Sêgcj\ K^ges HYS\GS^Ps S^g_s gRKs GYFHXs eXns BSgRs ^_s _jgeSJKs
cKLKcK^HKe s-se_\KgT\KesLKYgsFesSLslKslKcKsS^sgRKseS\ jYFg_csSêgKFJs_LsgRKsVKgs
BRKgRKcsgRKs\__^slFesLjYYs_csS ^ sSgesYFegsbjFcgKc sSgsJ_\S^FgKJsgRKseXns,SPRsFG_kKs
gRKs RFoKsF^Js`_YYjgT_^s_LsgRKsKFcgResFg\_e`RKcK sSges YSPRgslFese_sS^gKêK s -s RFJsg_s
ebjS^gslRK^s-sY__XKJs_jgeSJKs -sH_jYJseKKs\_cKs_LsgRKs\__êsejcLFHKsF ^ J sSgesHcFgKces
F ^ J sgKmgjcKesgRF^s -s RFJs KkKcs eKK^s Lc_\s gRKs Pc_j^Js 9_\KgT\Kes -s RFJs g_s jeKs gRKs
ejêRFJKesg_s GY_HXsgRKs \__^YSPRges PYFcKsLc_\s JSecj`gT^Ps\nskSKls_LsgRKs PFjPKes
-s JKeHcSGKJs KF cYSKcs R_ls LjKYs eKK`KJs gRc_jPRs gRKs \S^jgKs eKF\es _jgYS^S^Ps gRKs
`F^KYesH_\`_eS^PsgRKsejcLFHKs_LsgRKsVKgs%YgR_jPRsYSggYKsYKFXFPKs_HHjccKJslRK^sgRKs
eXS^sRKFgKJsj`sF^JseKFYKJsgRKseKF\e se_\KsLjKYscK\FS^KJs_^sgRKsejcLFHKs=Rc_jPRs
gRKs `KcSeH_`K s -s H_jYJs eKKs gRKs \__ês S^HF^ JKeHK^gs S\FPKs eRS \\KcS^Ps S^s gRKs
cKeSJjFYsLjKYs=RKsg_`s_LsgRKsFS cHcFLhsPY_lKJsS^sgRKsKKcSKsYSPRg sYSXKsFslKgsegcKKgsFLhKcs
Fs J_l^`_jcs%YgR_jPRsgRSeslFesGKFjgTLjY s-slFes\_cKsS^gcSPjKJsGnsgRKseSPRgesS^sFsJFcXs
eXns_^sFsHKcgFS^s^SPRgslRK^sgRKcKslFes^_s\__^sFgsFYYs
-gsRF``K^KJsJjcS^Psg RKsKFcYnsR_jces_Lsg RKs\_c^S^P slRSYKsBFYgsF^Js-slKcKs_kKcsgRKs
6FHSLSH sRFkS^Ps`FeeKJsgRKs^_cgRlKegsH_Fegs_Lsg RKs?^SgKJs9gFgKes BKslKcKsRKFJS^P s
S ^ sFs c_j^Js FG_jgs lFn s GFHXsg_lF cJs &KFYKs 4jcsVKgs lFes cj^^S^Ps e\__gRYnsF ^ J slKs
l_jYJse__^sGKs R_\KscKegT^Ps_jcslKFcnsG_JSKesFLhKcsF^_gRKcsgcFS^S^Ps\SeeS_^sBSgRs
^_s \__^s FG_kKs F^Js ^_s YSPRgesLc_\s gRKs _HKF^s GKY_l s gRKs ^SPRgs lFes JFcXKcs gRF^s
jejFYs 4jgs_LsRFGSg s -s `KKcKJs_jgeSJKsgRc_jPRsgRKsPYFcKs_LsgRKsH_HX`SgsYSPRgT^PsF^Js
^_gTHKJsgRKsLFS^gsPYS\\Kcs_LsegFces =_sLjYYnseKKsgRKs^SPRgseXn s -s l_jYJsRFkKsg_sgjc^s
J_l^sS\`_cgF^gsH_HX`SgsYSPRgesg_scKJjHKsgRKsPYFcKs_^s\nslS^J_les-slFescKYjHgF^gsg_s
gjc^s\nsYSPRgT^Psg__sLFcs J_l^s GKHFjeKs-sJSJ^gslF^gsg_sGKsS^s F ^ sFlXlFcJs`_eSgT_^sS L s
e_\KgRS^PslKcKsg _ sP_slc_^PslSgRsg R K sFSc`YF^Ks
(KeScKsg_seKKsgRKsegFces_kKccjYKJs \nsHFjgT_^sF ^ J s-sGKPF^sg_sgjc^sgRKsYSPRgesJ_l^s
_^KsFgsFsgT\K sHFcKLjYYnsYKFkS^PsFsLKlsHcSgTHFYsPFjPKeslKYYs YSgs 1nsKnKesFJVjegKJsg_sgRKs
Y_lKcsYKkKYs_LsYSPRgsF^Js-sPcF JjFYYnseFls\_cKsegFcesgRc_jPRsgRKscK\FS^S^PscKLZKHgT_ês
_^sgRKslS^J_les4^sS\`jYeK s-sLZSHXKJsgRKscK\FS^S^PsYSPRges_LN sgRK^sbjSHXYnsGFHXs_^s%^s
S\FPKsLZFeRKJsgRc_jPRs\nsRKFJs_LsFsgKK^FPKcsJcSkS^PsJ_l^sFsJFcXsH_j^gcnsc_FJslR_s
LZSHXesRSesRKFJ YSPRges_LNsL_csFseKH_^JesSesK^kKY_`KJsGnsJFcX^Kee sgRK^sLZSHXesgRK\sGFHXs
_^s -sHRjHXYKJsFgsgRKsH_\`FcSe_^s=RKsVKgscKFeejcKJs \KsFesSgs`jccKJs c_HXse_YSJ se_s -s
gjc^KJsgRKscK\FS^S^PsYSPRges_LNs -slFesS \ \KJSFgKYnsegFcgYKJ"slKcKsgR_eKsgRKsYSPRges_Ls
F^_gRKcsF S cHcFLhs_jgsg_s\nscSPRg$s1nsJSeGKYSKLse__^sgjc^KJsg_sFlKsFes -scKFYSoKJsS^sgRKs
HFY\sJFcX^Kee sgRFgslRFgs-s eFlslFes^_gsgRKsGcSPRgsYSPRges_LsF^ns\F^\FJKskKRSHYK s
Gjgs gRKs GcSYYSF^gs Km`FêKs _LsgRKs 1SYXns BFns ?^YSXKs gRKs kSKlsLc_\s gRKs Pc_j^J s Fgs
sLKKgsgRKcKs lKcKsLKlse`FHKes j^YSgs S^s gRKs eXns 9R__gT^PsegFces F``KFcKJs F^Js
LFJKJsKkKcnsLKlseKH_^Jes=RKse`KHgFHYKslFes \Ke\KcSoS^P sGjgs -s X^Kls-s \jegsGcS^Ps
\nsKnKesGFHXsg_sgRKsLZSPRgsSêgcj\ K^ges BRK^s -s JSJ s -s JSeH_kKcKJs \nsK^gTcKsH_HX`Sgs
GFgRKJs S^s egFcYSPRgsGcSPRgsK^_jPRsg_sSYY j\S^FgKsF Y Y sgRKsPFjPKes -s ^KKJKJs^_sH_HX`Sgs
YSPRgT^PsF ^ J scKkKYYKJsS^sgRKsPR_egYnseSPRgs_Ls\nse`FHKsejSgsJS\YnsYSgsS^sgRKsegFcYSPRgs
*KKYS^Ps-slFesegKFYS^Ps`cKHS_jes\_\K^gesLc_\sFsVKFY_jesVKg s-sPYF^HKJs_^HKs\_cKs
_jgeSJKs BSgRsFYYsgR_eKsHYjegKces_LsYSPRg sSgseKK\KJsFesSLsgRKcKseR_jYJsGKse_j^Jes 1ns
Km`KcSK^HKsg_YJs\Kse_j^JeslK^gslSgRsPcKFgsJSe`YFnes_LsYSPRgs'SgnsYSPRgesH_KmSegslSgRs
gRKse_j^Jes_LsgcFLNSH sF^Jsc_HXKgesLScS^PsF ^ J sKm`Y_JS^PsH_S^HSJKslSgRsgRKsJSe`YFns_Ls
LScKl_cXes)kK^sFs`YF^KgF cSj\sRFes\jeSHsF^Js^F ccFgT_^sFHH_\`F^nS^PsgRKseKbjK^HKs
_Lse gFces- ^ sH_^gcFeg sgRSeseSPRgslFesFsen\`R_^ns_Lse SYK^HKs-sGKHF \ K skKcnsFlFcKs_Lsg RKs
e_j^Js_Ls\ns_l^s GcKFgRS^Ps *_csFsGcSKLs\_\K^gs-slFes\_cKsgRF^sF ^ s%Scs*_cHKs`SY_gs
_^s FsgcFS^S^PsLZSPRgs 4jcsS^HcKJSGYKse`KKJsGKHF \ K sSêSP^SLSHF^gsFesgRKsVKgseKK\KJsg_s
egF^JsegTYYsGKL_cKsgRKsRKFkKês -slFes`Fcgs_Lse_\KgRS^PsYFcPKcsF ^ J s\_cKs`c_L_j^Js -s
LKYgsFsV_nsg_sGKsFgsgRSes`YFHK sFgsgRSesgT\K sY__XS^PsFgsgRKeKsegFces
BFYgesk_SHKsHcFHXYKJs_kKcsgRKsS^gKcH_\ sV_YgT^Ps\KsGFHXsg_sgRKsgFeXesFgsRF^JslSgRs
Fs cK\S^JKcs _Ls _jcs j`H_\S^Ps JKeHK^gs -s gjc^KJs gRKs YSPRges GFHXs j`s F^Js YKLhs gRFgs
`KFHKLjYsnKgs`_lKcLjYseHK^Ks%eslKsegFcgKJsJ_l^ s-sJ S J^gsX^_lsg RFgsgRSeslFesgRKsYFegs
gT\Ks-sl_jYJsKm`KcSK^HKsgRSesH_^HKcgs_LsegFces%YgR_jPRs-sLZKls_^sJFcXsF ^ J s\__^YKees
^SPRges FPFS^ sgRKns lKcKs ^KkKcsc_jgT^KsK^_jPRsg_sgjc^s _LNs gRKs YSPRges F^Js HcjSeKs Gns
egFcYSPRgs
8)'4A)8Es
BKs JKeHK^JKJs Lc_\s RSPRs FYgTgjJKs GKglKK^s gl_s g_s L_jcs gT\Kes JjcS^Ps _^Ks LZSPRg s
jejFYYnsg_s\KKgsFsgF^XKcsR_YJS^PsFgs sg_s sLKKgs=RKsJKeHK^gsRFJsg_sGKPS^s
GnsgRKs`cK`YF^^KJs`_S^gsS^sgRKsLZSPRgs_csKYeKslKscSeXKJs_kKccj^^S^PsgRKsgF^XKcsFgsgRKs
cK^J Kok_jes `_S^gs 9S^HKs gRKs JKeHK^gs g__Xs Fs H_j`YKs Rj^JcKJs \SYKes g_s H_\`YKgKs
H_ccKHgT^PsL_csFsYFgKsegFcgsJ_l^slFesJSLNSHjYgs1_egsHcKlesRFJsoS``KJs`FegsgRKsgF^XKcs
66 ,.$6(6 8k '( 1/.6/*56 6/($6//.6 /6
./6356/*6 *6 ,.$ 6

Fgs_^KsgT\Ks_dsF^_gRKd s RKYaYKffsFgsfY_lS^PsgRKsFSdIdFLhsF^nsbjSIXKds%LhKdsgFXS^Ps_^s
LjKY slKsl_jYJsIYS\GsGFIXsg_s FYgTgjJKsg_sI_^gT^jKs_jds\SffS_^s_dsIdjSfKsGFIXsg_sgRKs
GFfKs
-s ajYYKJsgRKsgRd_ggYKfs_jgs_LsFLhKdGjd^Kdsg_s\SY SgFdnsa_lKdsFfsf__^sFfslKsdKFIRKJs
gRKs aYF^^KJs JKfIK^gs a_S^gs 4ÎKsgRKsFLhKdGjd^Kdfs lKdKsJSfK^PFPKJsgRKdKslFfs^_s
IR_SIK#sgRKsWKgslFfsJKLS^SgKYnsI_\S^PsJ_l^s%sfgKKasF^PYKs_LsJKfIK^gslFfsdKbjSdKJs
g_sXKKas F^s F J KbjFgKsF\_j^gs_LsF S d sLY_lS^PsgRd_jPRs gRKs K^PS^Kfs &dS^PS^PsgRKsWKgs
J_l^s Ld_\s FYgTgjJKslFfs ^_gsFfsRKIgTIs FfsgFXS^PsSgs ja s Gjgs SgsdKbjSdKJs KkKdns GSgsFfs
\jIRsFggK^gT_^s>RKs98sJSJ^gsfY_lsJ_l^sKFfSYns 3_sJdFPsJKkSIKfsYSXKsLYFaf sfa_SYKdfs
_dsF S d sGdFXKfsKmSfgKJ sf_sSgsIjgsgRd_jPRsgRKsF S d sYSXKsFsfRFdasX^SLKs%sfK^S_dsIdKlsg_YJsjfs
_^KsgKIR^SbjKs LYnS^PsgRSfsF S daYF^KsfKK\KJsY S XKsWjfgs_^KsGSPsI_YY KIgT_^s_LsgKIR^Sb jKf s
L_ds fY_lS^Ps gRKs aYF^Ks J_l^!s LjYYns _aK^s _^Ks FSds GnaFffs J__ds F^Js faSYYs K^PS^Ks FSds
_kKdG_FdJs >RSfs IFjfKJs JdFPs F ^ J s RKYaKJs fY_ls gRKs F S dIdFLhs J_l^s -s gdSKJs SgsF^Js Sgs
l_dXKJs BSgRs gRKs Jj\aS^Ps _Ls F S d s Ld_\s gRKs GnaFffs J__dfs F^Js gRKs L_dlFdJs
\_kK\K^gfs_LsgRKsfaSXKfsFfsgRKsFSdfaKKJsfY_lKJ sgRKsWKgs\FJKs^_SfKfsgRFgslKdK^gs
RKFdJsF^ns_gRKdsgT\Ks-sLKYgsFfsSLsfRKsRFgKJsI_\S^PsJ_l^s
4ÎKsfjGf_^SI sgRKsWKgslFfsFPFS^sY S XKsFs GSPsLSPRgKd slSgRsSgfsS^YKgsfnfgK\s_aKdFgT^Ps
\jIRsYSXKsgRFgs_Ls_gRKdsFSdaYF^Kfs3_d\FYYn sgdFS^S^PsLYSPRgfslKdKsaYF^^KJsg_sPSkKsgRKs
aSY_gsKmgdFs LjKYsg_s adFIgTIKsf_\KsYF^JS^Ps aFggKd^fs 6SY_gfsFaadKISFgKJs gRSfs GKIFjfKs
gRKns X^Kls gRKns l_jYJ^gs PKgs \jIRs YF^JS^Ps adFIgTIKs JjdS^Ps dKFYs \SffS_^fs 894fs
lKdK^gsg__sgRdSYYKJslSgRs^j\Kd_jfsaFggKd^fsgR_jPRs>RKdKslFf^gs\jIRsL_dsgRK\sg_s
J_sKmIKags^_gTIKsWjfgsR_lsR_gsgRKSdsfaFIKsfjSgfsGKIF\KsFgsY_lsFYgTgjJKs
>RKsW KgslFfsfgFGYKs_^sLS^FYsFaad_FIR sGjgsdKbjSdKJsgRKsaSY_gsg_saYF^sF R KF J s%gsIY_fKs
g_ssX^_gfsFaad_FIRsfaKKJ sgRKdKslFfs^_gs\jIRs_aa_dgj^Sgnsg_s\FXKsYFfgs\ S ^jgKs
I_ddKIgT_^fs%LhKdsIdjSfS^PsS^sIYKFdsfXSKfsFgsFYgTgjJKsL_ds\_fgs_LsgRKsLYSPRg sI_\S^PsGFIXs
g_sGFJslKFgRKdsL_dsYF^JS^PsI_jYJsGKsFsW_Ygsg_sFsLFgTPjKJsG_Jns-^sgRKsYF^JS^PsaFggKd^ s
gRKsWKgslFfsfjdadSfS^PYnsFPSYKsL_dsSgfsfSoK sF ^ J slRK^s SgslFfsY_ls_^sLjKY s SgsdKfa_^JKJs
dFaSJYnsg_sIRF^PKfs S^s a_lKdsfKggT^Pf s KkK^sFgsY_lsFSdfaKKJs BKs^KkKdsadKffKJs gRKs
LjKY slRSIRs \KF^gslKs^KkKdsgdSKJsg_sfbjKKoKs S^s_^Ks\_dKsaFggKd^s SLslKsRFJs Fs YSggYKs
rmgdFs PFfs >RKs FSdaYF^Ks PjooYKJs PFfs Fgs F^s FYFd\S^Ps dFgKs Fgs Y_ls FYgTgjJKfs
4jdsfS\sS^fgdjIg_dfslFd^KJsjfsFG_jgsgRKs_aK^S^PsfR_IXs_LsgRKsYFdPKsJdFPsIRjgKs_^s
YF^JS^P s F ^ J sSgslFfs KkKdns GSgsFfsfgd_^Ps FfsFJkKdgTfKJs >RKs JdFPsIRjgKs lFfs ^SIKs g_s
RFkK s GKIFjfKsSgsfR_dgK^KJs_jdsYF^JS^Psd_YYs -gs lFfs KfaKISFYYnsRF^JnslRK^slKs lKdKs
L_dIKJsg_sYF^JsFgsF^s K\KdPKÎnsFSdLSKYJsFY_^Ps_jdsd_jgKs 3_gsF Y Y sF S da_dgfsGjSYgsgRKSds
dj^lFnfsFfsY_^PsFfsgR_fKsS^s9gdFgKPSIs%Sds'_\ \F^Js%LhKdsYF^JS^Ps -s Y__XKJsgRd_jPRs
gRKsaKdSfI_aKsg_sJKgKd\S^KsSLsgRKsIRjgKslKdKsfgT Y Y sS^LYFgKJsGKL_dKsWKggTf_^S^PsSgs-LsgRKs
IRjgKs RFJs JKLYFgKJs GKL_dKs -s dKYKFfKJs Sg s gRKs GjIXYKs I_^^KIgT^PsgRKs IRjgKs g_s gRKs
F S daYF^Ks\SPRgsRSgsgRKsgF SYs
(3TT@K>a5â %MZKXa#3TT9KàX?9a Q@>MQTaM;aX?9a H@TT@MKa3Q9aM[9Qa3K8aX?9a 7Q9\a ?938TaTMZX?a;MQaE3K8@K>a3Xa 93E9a
4ÎKs lKs gFmSKJs _LNs gRKs dj^lFn s gRKs \_GSYKs IFds PjSJKJs _jds aFgRs GFIXs g_s gRKs
RF^PFds-gslFfs_^YnsgRK^s-sGKPF^sg_sLKKYsgRKsJdFS^s_LsgRKsaFfgsfKkKdFYsR_jdfs6_aaS^Ps
_LNsgRKs PY_kKfs F^Js Y__fK^S^PsgRKs RKY\KgsLKYgsPdKFgs 2ns G_Jn slRSIRs RFJs GKK^s _^s
F J dK^FYS^Ks\_fgs_LsgRKsaFfgsfKkKdFYs R_jdf s ^_lsGKPF^sg_sLKKYsfgTLNsF ^ J sLFgTPjKJs -gs
lFfsFsP__JsLFgTPjK#sKmRFjfgT_^sgRFgslFfsgRKsdKfjYgs_Ls\KF^ S^PLjYsKLN_dgs
>FmSS^PsS^g_sgRKsfRjgJ_l^s FdKF s lKslKdKsFYlFnfsPdKKgKJs GnsFs YFdPKs ^j\GKds_Ls
\FS^gK^FÎKsaK_aYK sgKIR^SIFYsdKadKfK^gFgTkKf s \_GSYKsIdKl s 69( sF^JsF^nskSfSg_dfs
lR_slKdKsGKS^PsKfI_dgKJs_^sgRKsdF\as3_d\FYYnsL_YY_lS^PsFsLYSPRg slKslKdKsR j^Pdns
F ^ J sI_jYJ^gslFSgs g_s PKgs _jgs _Ls _jdsfaFIKs fjSgfs 3_s \FggKds lRFgs_jds\SffS_^ s lKs
FYlFnfsLKYgs dKYSKL sW_ns F ^ J sfFgTfLFIgT_^s KFIRs gT\KslKs dKgjd^KJs )FIRs \SffS_^s LY_l^s
SÎdKFfKJs gRKs G_^Js_LsgdjfgsF ^ J sdKfaKIgsGKglKK^saSY_gsF ^ J s894s -^s gRKs &YFIXGSdJ s -s
KmaKdSKÎKJsFs PdKFgKdsfK^fKs_LsFII_\aYSfR\K^gsFgsgRKsK^Js_LsFs P__JsLYSPRg sgRF^sS ^ s
F^ns_gRKdsWKgs-sR F J sLY_l^s
-gslFfsRFdJsg_sfYKKasFLhKdsFs Y_^Ps\SffS_^ s KkK^sgR_jPRs -slFfsKmRFjfgKJs -gsg__XsFs
lRSYKsL_dsgRKsFJdK^FYS^Ksg_sfjGfSJKs4LhK^s -sl_jYJsfgFnsj a sYFgKsS^g_sgRKs^SPRgsLKKYS^Ps
\ns S^^Kds KFdfs a_as F^Js fbjKFXs Ld_\s gRKs KLNKIgfs _Ls Y_^Ps R_jdfs _Ls GdKFgRS^Ps _^Ks
Rj^ JdKJsaKdIK^gs_mnPK^s
%fslKsad_PdKffKJsgRd_jPRs_jdsgdF S ^ S^PsLYSPRgf s-sGKPF^sg_sLKKYs\_dKsI_\L_dgF GYKsS ^ s
gRKsWKgs 2_fgs_ L sjfsl_jYJs^KkKdsGKsI_\aYKgKYnsI_\L_dgF GYKsS^sgRKsF S daYF^KsGKIFjfKs
lKsJ S J^gsPKgsg_sLYnsSgs\_dKsgRF^s_^Ks_dsgl_sgT\KfsFslKKXs9RKsl_jYJsgF Y X sg_s\KsS^s
LYSPRg sF^JsgRKs\_dKs-sP_gsg_sX^_lsRKd sgRKs\_dKsfRKJsgKYYs\Ks9RKsRFJs\F^nsfKIdKgf s
F ^ J sSgsfKK\KJsFfsSLsfRKsK^W_nKJsfRFdS^PsgRK\slSgRs \ K sS ^ sRKds_l^sgT\Ks
-?9a\2Sa 2 J a2PI;ZEa @Ja V?9a E2J8@J>aN2VW9PJa 5ZVa N@ELVSaP2P9EâPZS?98aVLa NZVa?9PaLJa V?9a >PLZJ8a
6 6*'6'*,((.6 6.6'*,6*6/6(/6//.6(6

/,6*1,.6/(6'*./6*%$.6 3*1%6.6(6 6%"0'6 6

$2P>9a 8P2>a 6?ZV9a \2Sa 89NEL^98a LJa 9[9Pâ E2J8@J>a >P92VEâ P98Z6@J>a
V?9aE2J8@J>a8@SV2J69a
-E98aV2]@Sa @Ja 2;W9Pa;F@>?Va'N9Ja8P2>a6?ZV9a8LLPSa62Ja59a
S99Ja LJa VLNaP92PaL;aC9Va
Ja ,-'aSV2 PVSaVLaS?98a V?9a SZ@Va2;W9Pa2a ELJ>a;F>?Va
.?9a VP28@VALJ2Ea ?2J8S?2D9a 2;W9Pa 926?a ;F@>?Va %2Jâ VA>?Va

5LJ8SaL;a;P@9J8S?@Na;LPI98a;PLIa^92PSaL;a;F^@J>aVL>9V?9Pa
',%6=)8s-As
XKUFk+[A]9eXU9Ok
=RKcKsHF\KsFs gT\K sLS^FYYnslRK^sgcF S^S^PslFes H_\`YKgKJsF^JslKslKcKscKFJnsg_sMZns

_jcsLScegs_`KcFgT_^FYse_cgTKs=RKs98sMZKls_`KcFgT_^FYse_cgTKesLc_\s&KFYK s4XS^FlFs
S ^ sgRKs6FHSLSH sF^Js)^PYF^Js*c_\sgRKeKsgRcKKsY_HFgT_ê sgRKs98sH_jYJsH_kKcsgRKsPY_GKs
3_c\FYYnsgRKsebjFJc_^sRFJs sg_s s\SeeS_^cKFJnsHcKles =RSeslFe^gs\F^ns` S Y_ges
H_êSJKcS^PsgRKseH_`Ks_LsgRKs \SeeS_^s 9bjFJc_^s YSLKsFLhKcsgcFS^S^Ps\KF^gse`K^JS^Ps
\_egs _Ls Fs HFYK^JFcs nKFcs _kKceKFes =RKs HcKles FHHK`gKJs gRSes RFcJeRS` s F ^ J s gRKs
LcKbjK^Hns _LsYKFkS^Ps R_\KsL_cs Fs \_^gRs _csgl_s Fgs Fs gT\Ks lFes Fs GjcJK^s L_cs gRKs
LF\ S YSKesYKLhsGKRS^Js'cKles H_jYJ^gsgFYXsFG_jgsl_cXsF^JsgRSesS^HcKFeKJsgRKScsY_kKJs
_^KesF^mSKgns9_\KgT\Ke sLcSK^JesF ^ J sLF\SYnsH_j Y J sLSPjcKs_jgslRKcKslKslKcKsMZnS^Ps
GnslFgHRS^PsgRKsKkK^S^Ps^Kles
4XS^FlFs lFesgRKsLScegseg_`sL_csFs ^KlsHcKls 4XS^FlFs lFes Fs P__Js `YFHKsg_s egFcgs
GKHFjeKsgRKse_cgTKeslKcKsYKeesH_\` YKm sF^JsgRKslKFgRKcslFesPK^KcFYYnsGKggKcsgRF^sS ^ s
)jc_`KsBRK^sg R K s98sLScegsH F \ K sg_sg R K sSeYF^JsKFcYnsS ^ sgRKs`c_PcF\ sSgsJSJs^_gsP_s
j^^_gTHKJsGnsgRKsY_HFYes -^gcSPjKJs GnsgRKs_\S^_jeseRF`Ks_LsgRKsF S cHcFLh s4XS^FlFês
GKPF^sHFYYS^PsSgs ,FGjs=RKs ,FGjs lFes Fs `_Se_^_jes GYFHXskS`Kcs S^J SPK^_jesg_sgRKs
SeYF^J sF^Js cKeSJK^gesLKYgsgRKsVKgs cKeK\GYKJsgRKsJKFJYnse^FXKs 9bjFJc_^s \K\GKces
FJ_`gKJsgRKs^SHX^F\K sF ^ J sSgsegjHXs%seR_jYJKcs`FgHRsl_c^sGns98ssHcKls\K\GKces
eS\`YnscKFJs,%&?s-gsRFJsgl_segFcesFgsgRKsg_`seSP^SLnS^PsgRKsgl_s\K^sS^sgRKsFSc`YF^Ks
'cKls \K\GKces cKHKSkKJs gRKScs ,%&?s `FgHRKes _^Yns FLhKcs gRKns MZKls gRKScs LScegs
_`KcFgT_^FYse_cgTKs
BRK^sBFYgsF^Js-scKgjc^KJsLc_\s_jcsLScegscKFYs\SeeS_^sS^s4XS^FlF s_jcs\_GSYKsHcKls
eFJYnsS^L_c\KJs jesgRFgsgRKsebjFJc_^sej``Yns_Ls`FgHRKesRFJscj^s _jg sF^JslKsl_jYJs
RFkKsg_scKHKSkKs_jcesYFgKcs%es lKsgcSKJsg_sj^J KcegF ^ J sR_lsgRSesH_jYJs RF``K^ sgRKns
cKFHRKJsS^g_sgRKsYKPs`_HXKges_Ls_jcse`FHKsejSgesF ^ J s`jYYKJs_jgseKkKcFYs,%&?s`FgHRKes
F \ S Jegs\jHRsYFjPRgKcs=RKnsg_YJsjesR_lsgRKnsRFJseYS``KJsgRK\s S^s_jcsejSgesgRKsJFns
GKL_cK s LSPjcS^PslKJs Y S XKs g_slKFcs `FgHRKes gRFgs RFJs FHH_\`F^SKJs jes _^s _jcsLScegs
\SeeS_^s -gslFesFs^SHKsPKegjcKs
%LhKcsFsLj Y Y sg_jcsS^s4XS^FlFsF ^ J sFscKgjc^sg_s&KFYK sHcKleslKcKs`cK`FcKJsL_cse_cgTKes
S ^ s gRKs )jc_`KF^s gRKFgKcs 'cKles MZKls eS\ jYFg_cs \SeeS_ês gRFgs JK`SHgKJs gn`SHFYs
)jc_`KF^s c_jgKes=RKeKsc_jgKeslKcKs\_cKsH_\`YKmsF ^ J sHRFYY K^PS^PsGKHFjeKsgRKcKs
lKcKse_s\F^nsG_cJKcesF ^ J sFee_HSFgKJs cKegcSHgT_êsg_s_jcsMZSPRgs`FgRs -^s )jc_`KslKs
lKcKsL_cHKJsg_sMZns\F^ns\_cKsegKK`GF^XKJsgjcêsFgsRSPRs 1FHRsgRF^sS^sgRKs6FHSLSHs
BKs FYe_s RFJs g_s cKJjHKs _jcs 1FHRs g_s RKY`s S^HcKFeKs _jcs gjc^s cFgK s F ^ J s gRSes lFes
j^H_\L_cgFGYKsS^sRSPRsgRcKFgsFcKFes=RKeKseS\j YFg_ceslKcKsKmHKYYK^gs`cK`F cFgT_^sL_cs
gRSesj`H_\S^Psg_jcs

'J69aVP2@J@J>a\2Sa 6LINE9V98a V?9a 9VaVLLDa LJa 2a J9\aELLDaVLa V?9a 6P9\a %@SS@LJSa?28a2a 8928EâS9P@LZSaNZPNLS9aJL\a
1ns\FS^s_GVKHgTkKsJjcS^PsFs \SeeS_^slFesg_sXKK`sgRKsVKgs_^sgRKs`cK`YF^s^ KJsc_jgK s
e_\KgT\Kes HFYYKJs gRKs GYFHXs YS^Ks -Ls lKs P_gs _LNs gRKs GYFHXs YS^K s _cs SLs gRKs VKgs
\FYLj^HgT_^KJ slKsHF\KsR_\Ks -LsgRKsVKgslKcKseKcS_jeYnsGc_XK^ slKsYF^JKJsFgs_^Ks_Ls
gRKsK\KcPK^HnsFScLSKYJesFY_^PsgRKsc_jgKs)SgRKcslFn slKs^KkKcsg__XsgRKscSeXs_LsRFkS^Ps
KkK^s_^Ks`SKHKs_LsgRKsVKgsg_jHRsR_egTYKse_SYs
%YgR_jPRsPKggT ^PsgRKsS\FPKesPFgRKcKJsGnsgRKseKê_ceslFesS\ `_cgF^g slKsFk_SJKJs
j^^KHKeeFcnscSeXes=RKsjê`_XK^sl_cJslFesgRFgs^_s`Fcgs_LsgRSesFS cHcFLhsl_jYJsKkKcs
LFYYsS^g_sgRKs_gRKcseSJKesRF^Jes%esFs `S Y_g s -sLKYgsFesSLs\nsYSLKslKcKsS^s JF^PKcs_^sKkKcns
\SeeS_^s 4LhK^sgRKscKPS\Ks S^slRSHRslKsMZKlsRFcG_cKJs \_cKs `_gK^gTFYs JF^PKcsgRF^s
gRKs_gRKcseSJKes_LNKêSkKsFGSYSgTKes -sLKFcKJs^_s_^KslRSYKsMZnS^PsgRKs98sS ^ s`jcejSgs
_LsSges\SeeS_^s 1nsH_^LSJK^HKslFesG_c^s_jgs_LsS^HcKFeKJsKm`KcSK^HKsS^sgRKsVKgs
1F^ns gT\Kes lKs ^KkKcs eFlsgRKs S\FPKes lKs Gc_jPRgs GFHXs 4jcs V_Gs lFes _^Ynsg_s
H_YYKHgsgRK\"s _gRKces S^gKc`cKgKJs gRK\s 1F^ns`K_` Y K slKcKs S^gKcKegKJs S^s cKHKSkS^Ps
gRKs`c_JjHgsgRKsVKgsGc_jPRgsGFHXs=RKeKs`K_`YKsS^HYjJKJseK^S_cscF^XS^Ps\K\GKces_Ls
gRKs (K`Fcg\K^gs _Ls (KLKêK s gRKs (KLKêKs -^gKYYSPK^HKs %PK^Hn s gRKs 'K^gcFYs
-^gKYYSPK^HKs%PK^Hn s F^JsKkK^sgRKs 6cKeSJK^gs_LsgRKs ?^SgKJs9FgKes 1_egs_LsgRKsgT\Ks
lKs ^KkKcs X^KlslR_sgRKeKs`K_`YKslKcKs -LslKs JSJs _jcsV_Gs `c_`KcYn s KkKcn_^Ks KYeKs
lFeseFgTeLSKJs 1F^nsJFnes-sLKYgsFesSLs-slKcKseSggT^PsFgsgRKsgT`s_LsgRKsel_cJs_LsFsenegK\s
gRFgslFes YFcPKcsS ^ seH_`KsgRF^s -s H_jYJs S\FPS^Ks=RKcKslKcKs \F^nsS\`_cgF^gs`K_` Y K s
lR_sg__XslRFgsl K sJSJseKcS_jeYn sGjgs^_G_Jnsg__XsgRSesl_cXs\_cKseKcS_jeYnsgRF^sgRKs
PjnslSgRsRSesRF^Js_^sgRKsegTHXs
4^s cFcKs_HHFeS_ê sgRKs`R_g_s S^gKc` cKgKces eR_lKJs jes gRKs `c_JjHgs_Ls_jcsYFG_cs
=RSesPFkKsjesFsGKggKcs`Kce`KHgTkKs_Lsg RKs`c_HKeesS^k_YkKJsS^sS^gKc`cKgT^PsRj^ JcKJes_Ls
LKKgs _Ls LSY\ s F ^ J s F^s F ` `cKHSFgT_^s L_cs gRKs cKe_YkS^Ps `_lKcs _Ls HF\KcFes eR__gT^Ps
gRc_jPRs RKFgs e_FXKJs lS^J_les 4^s _^Ks _HHFeS_^s FLhKcsFs \SeeS_^s S^sgRKs'FcSGGKF^ s
gRKs`R_g_sL_YXeseR_lKJsjese_\Ks`SHgjcKesgRKnsgR_jPRgslKsl_jYJsLS^Js S^gKcKegT^Ps
=RKnsJK`SHgKJs`Fcges_LsFsPj^^KcnscF^PKsjeKJsGns'jGF^sLSPRgKcsVKgesg_seRFc`K^sgRKScs
egcFLS^Ps eXSYYes 4^s HY_eKs Sê`KHgT_^ s gRKs `SHgjcKes cKkKFYKJs gRKs gFcPKges lKcKs YFcPKs
eSYR_jKggKes _Ls98es `FS^gKJs _^sHY_gRs BKsH_êSJKcKJsgRSes Fs H_\`YS\K^gs_Lse_cges
=RKs^ KmgsgT\Ks_kKcsgRFgsc_jgK s -s `jeRKJsgRKs 1FHRs j`seYSPRgYnsg_s SêjcKsgRKnsl_jYJs
RKFcsgRKsG__\s
%YgR_jPRs gRKs 9YKJs lFes FRKFJs _LsSges gT\Ks lSgRs egKFYgRYSXKs JKeSP^ s Sgs lFes ^_gs
S^kSeSGYKs %gs RSPRs 1FHR s KmgcK\KsgK\`KcFgjcKes H_kKcKJs gRKs FScHcFLhs Y S XKs Fs lFc\s
PY_kKs=RSesRKFgse_jcHKsJSJs^_gsP_sj^ ^_gTHKJsGnsH_j^gcSKesgRFgs`cKLKccKJs^_gsg _sRFkKs
gRKScs`SHgjcKesgFXK^s=RKs9YKJsFYe_sYKLhsFs G_YJseSP^FgjcKslcSggK^sFHc_eesSgesMZSPRgs`FgR!s
Fs RKFYgRnse_^SHsG__\s'KcgF S ^ sL_cKSP^sP_kKc^\K^gesJ S J^gsYSXKsgRSese_j^Js_kKcsgRKScs
RKFJe s Gjgs -s lFe^gsg__s K^F\_cKJs lSgRs e_\Ks _LsgRKScs `cFHgTHKes F^Js lFes FYlFnes
`YKFeKJsg_sGcS^PsSgsg_sgRK\s
.?9a /a N2V6?a \2Sa 2a NP@_98a 6LEE96VLPSa @V9Ia V a I5E9Ia LZVS@89a V?9a -, a SOZ28PLJa 5Z@E8@J>a @Ja
\2Sa 2ESLa?2P892PJ98a 5â926?a6P9\aI9I59Pa2J8a J>E2J8a
S9E8LIaP9E@JOZ@S?98aVLa SLZ[9J@Pa?ZJV9PSa
.?9aPZJZNa2P92a @Ja'D@J2\2a-ZJJâ82^SaE@D9aV?@Sa\9P9a2 E\2^Sa\9E6LI9a

9? 6648=-3+s'%9=s
%gs F^ns_^KsgT\K s -s X^Kls -s lFes _^Ks_LsFs J_oK^s _cs e_s `SY_ges S ^ sgRKsl_cYJsMZnS^PsgRKs
&YFHXGScJs%LhKcsMZnS^PsSgsL_csFslRSYK s-slFesFYe_sFlFcKs_LsgRKs\F^ns`K_`YKsGKRS^JsgRKs
eHK^KeslR_s\FJKsSgs`_eeSGYKsL_cs\Ksg_sJ_s\nsV_Gs0Fj^HRS^Ps_^Ks9YKJs_^s_^Kse_cgTKs
S^k_YkKJs Rj^ JcKJes _Ls `K_`YK s KFHRs `KcL_c\S^PsgRKScs _l^s e`KHSFYs gFeXsgRFgs H_jYJs
jYgT\FgKYnsFLNKHgsgRKs_jgH_\Ks_Lsg RKs\SeeS_^s=RKs^j\GKcs_Ls`K_`YKsS^k_YkKJslFe^gs
\jHRse\FYYKcs_^sgcF S^S^Ps\SeeS_êsKSgRKcs =RSesH_^HK^gcFgT_^s_LsKLN_cgsL_cs_^KsMZSPRgs
S \ `cKeeKJs \Ks F ^ J s SêgTYYKJs S^s \Ks Fs eKêKs _Ls `jc`_eKs F ^ J s `cSJKs -s RFJs cFcKYns
Km`KcSK^HKJsS^s_gRKcsK^JKFk_ces
0_^PsGKL_cKsgRKs HcKlsKkKcsFccSkKJsL_csgRKScslKFgRKcs GcSKL s \FS^gK^F^HKs `K_`YKs
RFJsGKK^s`cK`FcS^PsgRKsVKgsL_csMZSPRgs 0SPRgesFPY_lsS ^ sgRKsRF^PFcsFgs\SJ^ SPRgsjejFYYns
\KF^gsgRKsVKgsl_jYJs YFj^HRsFgs s _cs s_HY_HXsgRKs ^ Kmgs \_c^S^Ps=RKs98scKbjScKJs
\_cKsgRF^s gRKs FkKcFPKsVKgsg_s`cK`FcKsL_csMZSPRgs ASeH_jes YjGcSHF^gesgRFgsejegFS^KJs
RSPRsgK\`KcFgjcKesS^sMZSPRgs^KKJKJsg_sGKs`cKRKFgKJs=RKs=KgcFKgRnYs&_cF^K sjeKJsL_cs
egFcgT^PsgRKsK^PS^KesF ^ J sSP^SgT^PsgRKsFLhKcGjc^Kc slFesY_FJKJs S^g_sgRKs K^PS^Ks =RSes
lFesFsRFoFcJ_jes`c_HKJjcKsGKHFjeKsSgsH_jYJsSP^SgKs_^sH_^gFHgslSgRs_mnPK^ s=RKsgTcKes
F ^ J sgl_sgF^XesS^sgRKsL_clF cJs^_eKslKcKsLSYYKJslSgRs^Sgc_PK^s 3Sgc_PK^seg_cKJsS ^ sgRKs
L_clFcJs^_eKslFesjeKJsg_s`cKeejcSoKsgRKsL jKYsgF^Xe"sSgscKJjHKJsgRKscSeXs_LsL jKYskF`_ces
SP^SgT^Ps Lc_\s RKFgs GjSYJs j`s =RSes eKckSHS^Ps _Ls ^Sgc_PK^s PFkKs gRKs VKgs Fs \negTHFYs
`cKeK^HKs Fes lRSgKs HY_jJes _LskF`_cs egcKF\KJs Lc_\s Sges ^_eKs 3j\Kc_jes JSFP^_egTHs
HRKHXeslKcKscj^s_^sgRKsH_\`jgKcesF^JsgRKs^FkSPFgT_^FYsenegK\es=RKs98sH_jYJsGKs
LSggKJslSgRsJSLNKcK^gs^_eKe sKFHRs`c_kSJS^PsFsJSLNKcK^gscKH_^^FSeeF^HKsHF`FGSYSgns=RKs
`c_`Kcs ^_eKslFes Y_FJKJs_^g_sgRKs FScHcFLhsJK`K^JS^Ps_^s lRFgsgn`Ks_Ls\SeeS_^slFes
GKS^PsMZ_l^s
BRSYKs \FS^gK^F^HKslFes `cK`FcS^PsgRKsVKg s \SeeS_^s `YF^^Kces lKcKs JcFlS^PsgRKs
c_jgKe s\FXS^PsgRKs\Fè sF^Js`c_JjHS^PsH_\`jgKcs` cS^g_jgesL_csgRKsHcKls &KHFjeKs
_LsgRKse`KHSFYseKê_ccKYFgKJs JjgTKesgRKs894s`KcL_c\KJ sgRKsS^L_c\FgT_^s`FHXKgs R K s
cKHKSkKJs lFes FYlFnes Fs GSgs gRSHXKcs gRF^s g R K s `SY_ges 4 ^ K s _Lsg R K s `YF^ ^Kces l_jYJs
^_c\FYYns \KKgslSgRsgRKsHcKlsFgsgRKs`cKMZSPRgs \KFYs F^Js GcSKLsgRK\s _^s F^nse`KHSFYs
JKgFSYes
%Hc_ees gRKs FScLSKYJ s gRKs \K^s F^Js l_\K^s lR_s MZKls gRKs /' :7sgF^XKces lKcKs
`cK`FcS^PsL_csgRKScs\SeeS_^s=RKnslKcKsPSkK^s_cGSgs`_S^geslRKcKsgRKscK^JKok_jesl_jYJs
_HHjc s F^Js gRKs gT\Ks gRKns H_jYJs Km`KHgs g_s eKKs gRKs &YFHXGScJs FccSkKs GKRS^Js gRK\s
9_\KgT\KesgRcKKs_csL_jcsgF^XKcesl_jYJsgFXKs`FcgsS^s_^Ks\SeeS_^s=RKsgF^XKcesYFj^HRKJs
\F^nsR_jcesGKL_cKsgRKs98s =RKns_cGSgKJ s_LNY_FJKJsgRKsLjKY sgRK^scKgjc^KJ s jejFYYns
FccSkS^Ps R_\Ks Y_^Ps FLhKcs gRKs 9YKJs RFJs YF^JKJs =F^XKcs HcKles cKHKSkKJs YSggYKs _LsgRKs
FggK^gT_^s F^Js`cFSeKs_gRKceseRFcKJ sGjgsgRKnslKcKs`c_jJs_LsgRKScs`FcgsS^sgRKs98es
.?9a>Z^SaV?2VaD9NVa ZSa ;F^@J>a
$LJ>a 59;LP9a V?9a 6P9\a 2PP@[98a I4@JY:J2J69a \2Sa

8L@J>a @VSa CL5a 9P9a V?9a E2P>9a @JY4D:Ua 2R9a 59@J>a
@JSN96V98a.?9a S?2PNJ9SSa L;a V?9a SN@D:a \2RR2JV98a VANa
6L[9RSa
\SeeS_ês =RKnsX^KlsgRKnslKcKsKeeK^gTF Y s%sG__\s_`KcFg_cs_^HKsg_YJs \Ks gRFgsgRKs
9YKJslFesFs cKYFgTkKYnsKFensFScHcFLhsg_scKLjKYsLc_\s RSesK^Js ,KsFJJKJsgRFgs^_s\FggKcs
R_ls\F^nsgT\KesRKscKLjKYKJsSg sgRKs&YFHXGScJslFesF^sS\`_eS^PseSPRgsBRSYKseKFcHRS^Ps
gRKsK\`gnseXnsGKRS^JsgRKsgF^XKc sRKsl_jYJs ejJJK^YnseKKsgRSes GYFHXseRFcXsY__\S^Ps
_jgs_LsgRKsk_SJs )kKcns9YKJs`SY_gsFc_j^JsX^KlslRFgsSgsLKYgsYSXKsg_sGKsY_ls_^sPFe sLFc s
LFcsLc_\s R_\Ks (jcS^PsgR_eKsgT\Ke sgRKs eSPRgs_Ls_^Ks /'slFes ^_gRS^PsYKeesgRF^s
GKFjgTLjYs
-^s FJJ SgT_^sg_s FYYsgRKs%Scs *_cHKs `K_`YKsej``_cgT^PsgRKs F S cHcFLh s Fs R_egs_LsHSkSYSF^s
e`KHSFYSeges l_cXKJs_^sgRKs98s '_\`F^SKes lR_s RFJsenegK\es_^sgRKs98sFeeSP^KJs
gKHR^SHFYs cK`cKeK^gFgTkKes _cs gKHRs cKè s g_s l_cXs Fgs &KFYKs F^Js gRKs _kKceKFes
JKgFHR\ K^ges9_\Ks_LsgRKeKsenegK\eslKcKsGFeSHsF S cHcFLhsH_\`_^K^gesY S XKs+__JnKFcs
gTcKes 4gRKcs enegK\e s `c_JjHKJs Gns ,_^KnlKYYs _cs9S^PKc s lKcKs \_cKs H_\`YKms F ^ J s
e_\KgT\KesHYFeeSLSKJs =RKsHcKles P_gs g_s X^_lsgRKeKsL_YXeslKYYs F ^ J sYKFc^KJsFs PcKFgs
JKFYsLc_\sgRK\sFG_jgsgRKs\FPSHs S^sgRKsF S c`YF^Ks 1F^ns_LsgRKsgKHRs cKèsl_cXKJs_^s
gRKs `c_PcF\s L_cs \F^ns nKFces F^Js `_eeKeeKJs kF YjFGYKs H_c`_cFgKs X^_lYKJPKs gRKs
\ S YSgFcnsY_egsg_sgcFêLKcesF^JscKgTcK\K^ges
%gs _jcs JKgFHR\K^gs S^s )^PYF^J s cKPjYFcs %Scs *_cHKs \FS^gK^F^HKs e`KHSFYSeges lKcKs
cK`YFHKJsGnsHSkSYSF^s 0_HXRKKJsK\`Y_nKKes 8F^PS^PsS^sFPKsLc_\sYFgKsglK^gTKesg_s KFcYns
eSmgTKe sgRSesPc_j`s_Ls`K_`YKsRF^JYKJsgRKsYFj^HRsF^Js\FS^gK^F^HKs_Lsg RKsVKgsJFSYns=RKns
JcKeeKJsHFejFYYnsL_csl_cXsF^JsH_jYJs KFeSYns`FeesL_csFs Pc_j`s _LskSeSg_cesgRFgsHF\Ksg_s
lFgHRsgRKsVKgsgF XK_LNs 4^s_jcsLScegsg_jcsg_s )^PYF^J s-sRFJsFse\FYYs`c_GYK\sS^sMZSPRgslSgRs
F ^ sK^PS^KsF^JslF^gKJsg_sgFYXslSgRsF ^ sK^PS^Ks\F^sFLhKcsYF^JS^Ps -slFesg_YJs-sH_jYJsgFYXs
lSgRs gRKsHRSKLslR_slFes e_\KlRKcKsFc_j^JsgRKs GFHXs K^Js_LsgRKs FSc`YF^Ks -s lFYXKJs
Fc_j^JsgRKsVKgsF^JsgRKs_^Yns`Kce_^s -s H_jYJs Y_HFgKslFesFs eR_cg s KYJKcYns\F^s lKFcS^Ps
PcKFeKsF^Js_SYsegFS^KJsH_kKcF YYesF^JslScKsLcF\KsPYFeeKes -segjJSKJsgRSeseYSPRgYnsGFYJS^Ps
\F^slS`S^PsRSesRF^JesS^sFsLjKYsegFS^KJsHY_gRs,KsRFJsgRKsLFHKs_LsFs\F^slR_sRFJseKK^s
F^JsJ_^Ks\jHRs ,Ks`_YSgKYnsS^bjScKJsSLsRKsH_jYJsGKs_Lse_\KsFeeSegF^HKsg_s\Ks ,KsRFJs
FsYSPRgsS^sRSesKnKesF^JsFslFc\gRsg_sRSese\SYKsg RFgsYKgs\KsX^_ls-sRFJsL_j^JsgRKsHRSKLs,Ses
^F\KslFes(_H sF^JsgRFgesFYYslKsKkKcsX^KlsRS\sGns ,KsRFJs\_cKsnKFcesl_cXS^Ps_^s
gRKeKsK^PS^KesgRF^s -sRFJsnKFces_LsMZnS^Ps ,KsRFJsGKK^s_^sgRKs`c_VKHgsGFHXsS^sgRKs_YJs
JFnesF^Js X^Kls\_cKsFG_jgsR_lsg_sLSmsF^Js \FS^gFS^sgRKsK^PS^KesgRF^sF^n_^KsKYeKs
Fc_j^Js ,KcKs lFes Fs \F^s lR_s gcjYns Y_kKJs RSes l_cXs 4kKcsgRKs nKFces -s JK`Y_nKJs g_s
)^PYF^J s -s P_gsg_sX^_ls(_HslKYYs %LhKcs \F^nsMZSPRge s -s cKYSeRKJs S^sgRKs_``_cgj^Sgnsg_s
H_^LKcslSgRsgRKs\FegKcs_^s \FggKces_LsgRcjegsS\\KJSFgKYnsFLhKcsHYS\GS^Ps_jgs_Lsg RKsVKgs
(_Hs lFes gn`SHFYs _LsgRKs gn`Ks _LsJKJSHFgKJs Km`Kcgs lKs lKcKs `cSkSYKPKJsg_s l_cXs lSgRs
BRK^KkKcs-sgFmSKJsgRKsGYFHXsGKFegs_jgs_Lsg RKsRF^PFcs_^sFs cFS^nsJFn s-sLKYgsgRKsej``_cg s
[9Pâ E2J8@J>a P9OZ@P98a 2a 6?ZV9a 2J8a 9[9Pâ 6?ZV9a
P9OZ@P98a 2a N@6DZNa
adSJK sF ^ J sJKJSIFgT_^s_LsgR_fKsaK_aYKsdSPRgsgRKdKslSgRs \Ks>RKns^KkKdsP_gsg_sLYnsgRKs
F S daYF^K sGjgs-sX^_lsgRFgs\F^ns_LsgRK\sY_kKJsRKdsFfs\jIRsFfs-sJSJs
*YnS^Ps_aKdFgT_^FYs\SffS_^fs_jgs_Ls&KFYKsjfjFYYns\KF^gsXKKaS^PsfgdF^PKsR_jdfs2 n s
^KSPRG_dfs l_^JKdKJs FG_jgs \Ks lRK^s -s YKLhs L_ds gRKs GFfKs F g s gl_s _IY_IXs S^s gRKs
\_d^S^Ps>RKsaK_aYKsS^sgRKs2FdnfkSYYKDjGFs'SgnsFdKF sgR_jPR sfKK\KJsg_sgFXKsadSJKs
S^s X^_lS^Ps gRFgs gRKs l_dYJfs LFfgKfgs WKgs dKfSJKJs Fgs gRKSds %Sds *_dIKs GFfKs >RKns
FaadKISFgKJsX^_lS^Ps-sI_jYJ^gsgKYYs gRK\s JKgFSYfs_LslRKdKs-slFfsLYnS^Ps_dslRFgs-slFfs
J_S^Ps>RKnsK^W_nKJsgRKsS^gdSPjKs4^sfKkKdFYs_IIFfS_^fs-sfg_aaKJsFgsgRKsY_IFYs sL_ds
F ^ s _dF^PKs WjSIKs _^s \ns lFns g_s l_dX s f_\KgT\Kfs FLhKds \SJ ^SPRgs >RKs fF \ K s \F^s
l_dXKJsgRKsPdFkKnFdJsfRSLh sF^JsRKJsY__Xsj a sF ^ J sf\SYKs-JsfFns+__Js\_d^S^PsFfs-s
lFYXKJsg_s gRKsdKLdSPKdFgKJs IFfKs - ^ sgRKsGKPS^^S ^P s R K slFfs KFPKdsg_s gKYYs \ K sgRFgsR K s
RFJsFsP__JsSJKFslRFgs-slFfsJ_S^P sF ^ J sRKslSfRKJs\KsP__JsYjIXs%G_kKsF Y Y sR K sJSJs^_gs
lF^gs\Ksg_sdKkKFYsF^ngRS^Psg_sRS\s-s^KkKdsI_jYJsfFns\jIR sGKIFjfKsRKsJSJs\_fgs_Ls
gRKs gFYXS^Ps 9_\KgT\Kf s RSfs FffKff\K^gs _Ls \ns \SffS_^s d_jgT^Ps lFfs fjdadSfS^PYns
FIIjdFgKs 0FgKds_^ s -Js I_\Ks S^s F^Js RKJs fFn s 95 s WjfgsP_S^Psg_sl_dX$s 4^s gRKfKs
\_d^S^PfslKsRFJsF^sj^fa_XK^sIF\FdFJKdSK#sgRKsgl_s_LsjfsfRFdKJsFsLKls\_\K^gfs_Ls
gRKsKFdYns\_d^S^PsR_jdfs-gsPFkKsR S \ saYKFfjdKsg_sS^fSfgs-s^_gsaFnsL_dsgRKsWjSIKs
B )%>, ) 8 s
4jdsgdFS^S^PsFgs &KFYKsadKaFdKJs jfsL_dslRFgslKsl_jYJs GKsJ_S^Ps_kKdfKFf s lSgRs_^Ks

KmIKagT_^!slKFgRKds>RKsIK^gdFYskFYYKns_Ls^_dgRKd^s 'FYSL_d^SFs JSJs ^_gs Faad_mS\FgKs
gRKslKFgRKdsaFggKd^fs_LsKSgRKds4XS^FlFs_ds)^PYF ^Js&KFYKsfa_SYKJsjfslSgRsIYKFdsJFnfs
F ^ J sdFdKsfg_d\s fnfgK\fs 4XS^FlFslKFgRKdsFYf_sI_jYJs GKsl_^JKdLjYsFgsgT\Kf sGjgsSgs
lFfsjâdKJSIgFGYKs%^_gRKdsLFIg_dsI_\aYSIFgKJsgRKslKFgRKdsKbjFgT_^#sFsf\FYYsSfYF ^ J s
S ^ sgRKs 6FISLSIsJSJ^gsYKFkKsFs aSY_gslSgRs \F^ns_agT_^fsL_dsJSkKdgT^Psf_\KaYFIKsKYfKsS L s
gRKslKFgRKdsP_gs GF J s)^PYF^JslFfs\_dKsadKJSIgFGYK#sgRKslKFgRKdslFfsY_jfnsF Y Y sgRKs
gT\Ks%LhKdsFsLKlslKKXfsS^sfj^^ns'FYSL_d^SF s-sl_jYJsLS^Js\nfKYLsfSggT^PsS^s)^PYSfRsL_Ps
_^sF ^ sSInsdj^lFn sadKaFdS^Psg_sYFjÎRsS^g_s\jdXnslKFgRKdsfKYJ_\sfKK^sFgs &KFYKs
9_\KsJFnfslR SYKsgFmSS^Ps_jgs_LsgRKsRF^PFdsS^s )^PYF^J s -s RFJsFs g_jPRsgT\KsfKKS^Ps
gRKs\_GSYKsIFdsgRd_jPRsgRKsL_Ps)maKdSKÎKJsIdKlfslKdKsgKfgKJsgT\KsF ^ J sgT\KsFPFS^ s
FfsgRKnsYFjÎRKJs_^s \SffS_^fsS^sa__dslKFgRKdsI_^JSgT_^fsBKFgRKdsdFdKYnsfg_aaKJs
_jds\SffS_^fs
*YnS^PsRSPRsjasS^sgRKsfgdFg_faRKdKsF^Js\F^FPS^PsI_\aYKmsfnfgK\fsad_JjIKJsK^_jPRs
gK^fS_^sL_ds\_fg s Gjgsf_\KgT\KfsgRKsLSdfgsLKls \S^jgKfs_LsgRKsLYSPRgslKdKsLSYYKJslSgRsgRKs
\_fgsKmIdjISFgT^PsgK^fS_^s_LsgRKsJFns-sfFgsgRd_jPRsFslKFgRKdsGdSKLS^Ps_^KsJFnsS^s4XS^FlFs
gRFgsJKfIdSGKJsFskS_YK^gsfg_d\sfnfgK\s -slFfsF\FoKJsFgsgRKsLjdns^FgjdKsI_jYJsPK^KdFgKs
92E9aV2JD9Pa 8@SNE2^Sa JLS9a 2PVa P9;F96VAJ>a V?9a EL62Ea 2P92a .?9a 62IL;F2Z>9a N2@JVaS6?9I9a \2Sa JLVa
NLNZE2Pa\@V?a-E98a N@ELVSa5962S9aV?9a 82PD9Pa2@PNE2J9a\2Sa ?2P89PaVLaS99a @Ja 528a\92V?9Pa
a N2@PaL;a" +SaV2]@aLZVa\9EEa 59;LP9a V?9a-, a\LZE8a V2D9aL;<a

F ^ J s gRFgs _jds \SffS_^s lFfs S\a_dgF^gs K^_jPRs g_s fgT Y Y s YFjÎRs JKfaSgKs gRKs KmgdK\Ks
lKFgRKds>RKsGdSKLKdsYSfgKJsgRKsgnaR__^slFd^S^PfsGjgsFJJKJs_jdsgFXK_LNsgT\Ksl_jYJs
aKd\SgsFs fFLKs YFjÎRs -s dK\K\GKdsgRS^XS^PslKs fR_jYJs ajgsgRSfs \F^s gRd_jPRs aSY_gs
gdFS^S^Psf_s RKsI_jYJs PKgs Fs ^Kls aKdfaKIgTkKs _^s gRKsl_dJs fFLKs I_ÎKd^S^PsLYnS^PsS ^ s
lKFgRKds
%fsBFYgsF ^ J s -s IYS\GKJs S^g_sgRKsWKg slKs ^_gTIKJs FId_ffs gRKsLSKYJs LYnS^PsRFJs GKK^s
IFÎKYYKJsL_dsgRKsJFn sF ^ J sIdKlsIRS KLfslKdKsgnS^PsJ_l^sgRKs *fs%fs -s fKggYKJsS^g_s
gRKs aYF^Ks F\_^Ps F^s FddFns _Ls I_^^ KIgT_^f s -s LKYgs I_\L_dgFGYKs F ^ J s fKIjdKs S^s gRKs
I_IXaSgsF ^ J sfaFIKsfjSg s JKfaSgKsgRKs gRdKFgK^S^Ps_jgfSJKs KYK\K^gfs %s 69(sfaKISFYSfgs
lSaKJs dF S^Jd_afs Ld_\s gRKs LFIKaYFgKs _Ls \ns faFIKs RKY\Kgs %LhKds K^PS^Ks fgFdg s -s
K^PFPKJs^_fKslRKKYsfgKKdS^PsGnsajfRS^PsFsf\FYYsGjgg_^s_^sgRKsfgTIXsF ^ J sgFmSKJsS^g_s
gRKsdF S^sBFgIRS^PsgRKsPdFnslFYYfs_LsIY_jJfsFgsgRKsK^Js_LsgRKsdj^lFnsaYF^gKJsFsfKKJs
_LsF^mSKgnsS^s\nsI_onsK^kSd_^\K^gs%fs-sgjd^KJsgRKsWKgsS^g_sgRKsdj^jasFdKF s -sLKYgsFs
fS^XS^PsLKKYS^Ps_LsGKS^PsfYSPRgYns_jgs_LsI_^gd_Ys)kK^slSgRsGdFXKfsFaaYSKJ sgRKsWKgslFfs
fYSJS^PsL_dlFdJs_^sgRKsfYSaaKdnsLSY\s_LsdFS^sf_FXKJsI_dFYsJjfgs_^sgRKsgFmSlFns9SggT^Ps
S ^ sLd_^gs_Lssg_^fs_LsgTgF^Sj\sF ^ J sLjKYs gRFgslFfsfYSJS^Psg_lFdJsgRKs\_GSYKsIFdslFfs
^_gsFsP__JslFnsg_sfgFdgsgRKsJFns
>dFSYS^PsFsfadFns_Ls\SfgsLd_\sFslKgsdj^lFn sgRKs9YKJsYSLhKJs_LNsF^Jsf\__gRYnsajYYKJs
fXnlF dJs%fs-sdKFIRKJsL_dsgRKsYF^JS^PsPKFdsRF^JYK sgRKsWKgslFfsK^PjYLKJsS ^ sFsg_\Gs_Ls
flSdYS^Ps dF S^s (FdXsPdFns IY_jJfsfKK\KJs g_s LS Y Y s gRKs I_IXaSgs >RKs aYF^Ks FIIKYKdFgKJs
j^JF j^gKJsGnsgRKsKYK\K^gf sF ^ J s-sI_ÎK^gdFgKJs_^sgRKsS^fgdj\K^gfsGKL_dKs\Ks
BSgR_jgs_jgfSJKskSfjFYsdKLKdKÎKf s\nsaKdIKagT_^s_LsgRKsIYS\GsGKPF^sg_sYFPslRFgs
gRKsWKgslFfsFIgjFYYnsJ_S^Ps>RKsFIIKYKdFgT_^s S^s LjYYs Gjd^Kd s gRKs RSPRs F^PYKs_LsIYS\G s
F^JsgRKsPK^gYKsgjd^s_^g_sgRKsJKaFdgjdKsd_jgT^P sg__XsaYFIKslRSYKs-slFfsK^kKY_aKJsS^s
gRKs\Fffs_LsPdFnsIY_jJfs2ns;KFg_LgRKaF^gfsLKKYs_LsgRKsF S daYF^KfsGF ^ X sF^PYKsF ^ J s
aSgIRsFggTgjJKsJSfFPdKKJslSgRslRFgsgRKsS^fgdj\K^gfslKdKsfFnS^Ps 2 n sKnKfsdKFJsgRKs
S^fgdj\K^gfsgRFgsfF S J s _^Ks gRS^P s Gjgs \ns G_Jnsg_YJs \Ks f_\KgRS^Ps JSLNKdK^gs >RSfs
I_^LjfS_^s GKglKK^s kSfjFYs S^L_d\FgT_^s F^Js gRKs G_Jnfs fK^fFgT_^s Sfs IFYYKJs faFgTFYs
JSf_dSK^gFgT_^s -gsIF^sj^JKd\ S^KsKkK^sgRKs\_fgsKmaKdSKÎKJsaSY_gsF^JsSfsJSLNUIjYgsg_s
fRFXKs_ÎKsS^JjIKJs>RKsGKfgsIjdKsSfsg_sLS^Jsf_\KsIYKFdsfXn sfKKsgRKsR_dSo_^ sF^JsPKgs
_dSK^gFgKJs
%fslKsIYS\GKJsRSPRKd sgRKsfXnsPdKlsJFdXKdsF ^ J sRKFknsgjdGjYKÎKsGjLNKgKJsgRKsW Kgs
-^sgRKfKsI_^JSgT_^f sgRKs9YKJfsLjfKYFPKsLYKmKJsfYSPRgYn sIFjfS^PsgRKsLd_^gsK^Js_LsgRKs
aYF^Ksg_sGK^Js\_dKsgRF^sgRKsdKFdsfKIgT_^s *d_\sgRKsI_IXaSg s -s LKYgsFs YSggYKsYSXKs-slFfs
GKS^PsG_jÎKJs_^sgRKs K^Js _LsFs gTgF ^Sj\s JSkS^Ps G_FdJs '_^gd_YYS^PsgRKsFSdIdFLhslFfs
^_gs\FJKsF^nsKFfSKdsF ^ J sBFYgsS^L_d\KJs\KslKslKdKsfYSPRgYns_LsI_jdfKs
-slFfsYFgKsS^sI_\S^Ps_jgs_LsFLhKdGjd^Kds9lKFgsa__YKJsS^fSJKs\nsPY_kKfsF^Js\nsPdFfas
gTPRgK^KJs_^sgRKsfgTIXsF^JsgRd_ggYKfs -sLKYgslFd\sS^fSJKsgRKsfaFIKsfjSg sF^Js^_gTIKJsL_Ps
L_d\S^Ps \ns LFIKaYFgKs &KIFjfKs -s LKYgs lKs lKdKs LYnS^Ps^KFdsjafSJKJ_l^ s gRKsfS\aYKs
E@I5@J>aLZVaLJa2a ;L>>â82â@Ja J>E2J8a
..*(.6 3,6 (/(.6,*'6 ./,/6 /*6 (.6 /6 3.6 /6

1%0'/6(6#*6.0.0*( 6

gFfXs_LsdKFIRS^PsL_dsgRKs*FIKs,KFgsX^_GslFfsFsfgdjPPYKs>RKsI_^LYSIgslFPS^PsGKglKK^s
\ns fK^fKfs lFfs KFfKJs Gns BFYgs dKFffjdS^Ps \Ks lKs lKdKs YKkKYs 8F^J_\s YSPRg^S^Ps
SYYj\S^FgKJs gRKsF ^PdnsIY_jJfsFd_j^Js \Ks YSXKsLYFfRs GjYGfsa_aaS^Ps_LNs_^sFs IF\KdFs
8F S ^ saKYgKJs gRKs _jgfSJKs_LsgRKsI_IXaSgs FfsSLslKs lKdKsaFffS^PsgRd_jPRsFs IFdslFfRs
9jdKYns -s fR_jYJs GKsFGYKsg_sRKFdsgRKsdFIXKgsIFjfKJs GnsgRKsaj^SfRS^PsJ_lâ_jd sGjgs
gRKsfaFIKs RKY\Kgs F^Js gRKsL_jds SÎRs gRSIXs PYFffs S^sgRKsI_IXaSgs\jLN[KJs gRKs_jgfSJKs
f_j^Jfs 4^YnsgRKsfgdF S^KJsdRngR\s_Ls\ns_l^sGdKFgRS^PsFII_\aF ^SKJs\nsfgdjPPYKsg_s
dSPRgs\nsgTYgKJsfK^fKfs-sgdSKJsg_sK^PFPKsgRKsFjg_aSY_gsg_sdKJjIKs\nsl_dXY_FJ sGjgsgRKs
gjdGjYK^gsI_^JSgT_^fsIFjfKJsSgsg_sXSIXs_LNsFLhKdsKFIRsFggK\ags-slFgIRKJsgRKsldFgRs_Ls
^FgjdKs j^L_YJsWjfgs SÎRKfsLd_\slRKdKs -s fFgsF ^ J sLKYgsFs PdKFgsfK^fKs_LsI_\L_dgs S^sgRKs
f_YSJsI_^fgdjIgT_^sFd_j^Js\Ks
-gsfKK\KJs YSXKsF ^ sKgKd^SgnsGKL_dKsgRKsWKgs Gd_XKsLdKKsLd_\s gRKsIY_jJfsF^Jsf_FdKJs
S^g_sFs IYKFdsaSKIKs_LsfXns>RKdKsRFJsGKK^s ^_sfK^fKs_Ls\_gT_^s lR SYKslKslKdKsS^sgRKs
PdFns\FffsGKY_lsjf s Gjgs^_ls-s S^fgF^gYnsGKIF\KsFlFdKs_Ls_jdsfaKKJs FfsIRj^Xfs_Ls
IY_jJfsfaKJsGnsFgssX^_gfs%fsFsfaS ^^S^Psg_asJKIKY KdFgKf sSgslFkKdfsF^JsLS^FYYnsLFYYfs
_^sSgfsfSJKs-LsgRSfslKdKsdKI_dJKJs_^sLSY\sF^JsgRK^sdj^sGFIXlFdJf sgRKsg_asl_jYJsP_s
Ld_\s gKKgKdS^Psg_s S^fgF^gsfgFGSY Sgns Ffs Sgs dKFIRKJsgRKs RSPRKdsdFgKs _LsdKk_YjgT_^fs 2ns
GdFS^sFIIKYKdFgKJsS^sgRKsfF \ K slFnsFfslKsG_YgKJsLd_\sgRKsIY_jJf sF^JsSgsS\\KJSFgKYns
Y SP^KJsSgfKYLslSgRs_jdsgdjKsLYSPRgs_dSK^gFgT_^s
&dKFXS^Ps_jgs_^sg_as_LsgRKslKFgRKdslFfs_^Ks_LsgRKs j^g_YJsW_nfs_LsF^s FkSFg_ds - ^ s
_ ^ K sfR_dgs\_\K^g sdKYSKLsF^JsRFaaS^KffsdKaYFIKJsgK^fS_^sF^JsKmKdgT_^sFfsgRKsFIgs_Ls
LYnS^PsIRF^PKJsLd_\sFsRKYYSfRs^SPRg\FdKsg_sFsGKF jgTLjYsfIK^Ks_LslRSgKsIY_jJsg_afsF ^ J s
G Y j K sfXns-sR F J sGKK^sFSdG_d^KsFsg_gFYs_ L sKSPRgs\S^jgKfsF^JslFfsKmRFjfgKJs- ^ sF^_gRKds
gK^s\ S ^jgKfs-sl_jYJsGKsgdnS^Psg_sR__XsjaslSgRsgRKsgF^XKdsS^sgRKsIY_jJfs-sfFlsL_d\ S^Ps
S ^ sgRKsdKLjKYS^PsgdFIXs -s fFSJs Fs I_jaYKs_Ls,FSYs /KYYns._R^f_^fsF^Js dKFYSoKJs -s I_jYJs
gdjfgsgRKs9YKJs\_dKsgRF^sgRKslKFgRKd\F^s
-s FYlFnfs RFJs Fs RKFYgRns dKfaKIgs L_dsgRKsL_dIKfs _LslKFgRKd#s LYnS^PsgRKs98s_^Yns
dKFLNUd\KJs gRSfs dKfaKIgs -s _LhK^s RKFdJs gRFgs f_\Ks gRj^JKdfg_d\fs I_jYJs GjSYJs g_s
sLKKgsF^JsgRKs98s\FJKs\KsFsGKYSKkKdsBFYgsF ^ J s-slFgIRKJslSgRsF\FoK\K^gs
FfslKsLS^FYYnsGd_XKs_jgsS^g_sgRKsIYKFdsFgs sLKKgs_^KsFLhKd^__^s_kKdsgRKs9_jgRs
'RS^Fs9KFs
BKslKdKsIFjgT_jfsFG_jgsaK^KgdFgT^PsGFJslKFgRKd s GjgslKs^KkKdsl_ddSKJs \jIRs
FG_jgsLYnS^PsS^sSIS^PsI_^JSgT_^fs>RKsWKgfsfjdLFIKfsRKFgKJsjasLd_\sLdSIgT_^s GKglKK^s
gRKs fXS^s F^Js gRKs RSPRs faKKJs aFffS^Ps _kKds Sgs )kK^s gR_jPRs gRKdKs lFfs ^_s F^gTSIKs
fnfgK\s _^s gRKsF S dIdFLh s ^_s SIKsfgjIXsg_sgRKs F S daYF^KsJjKsg_sgRKs ^_d\FYs GjSYJjas_Ls
RKFgs>RKs98s RFJs^_slKFgRKdsdFJFdsF^Jsf_\KgT\KfslKsK^JKJsjas aK^ KgdFgT^Psf_\Ks
^FfgnslKFgRKds
;W9Pa?LZPSa@Ja2a 6E92Pa5EZ9aSDâ6LI@J>a526DaVLa2a E2J8@J>a@JaNLLPa\92V?9Pa\2Sa2E\2^Sa2a 6?2EE9J>9a
E28aVLa59aLJaV?9a>PLZJ8aV?9aE2SVaV9JaI@JZV9SaL;a;F@>?Va\9P9aV?9aILSVa8P2@J@J>a@Ja\92V?9PaE@D9aV?@Sa
-^PKegT_^s_LsSHKsHRj^Xes S^g_sgRKsK^PS^KslFes _jcs\FS^sH_^HKc^s 3_gs _^YnsH_j Y J sgRSes
JF\FPKsgRKsK^PS^K sSgsLcKbjK^gYnsH_jYJsHFjeKsFs MZF\K_jgs (Ke`SgKsgRSes RFoFcJ sgRKs
9YKJsVjegseYF\\KJscSPRgsgRc_jPRsSHS^PsH_^JSgT_ês-gslFesFse_Y S J sF S c`YF ^K sF^JslRK^sSgs
lFesejGe_^SHs SgsKmRSGSgKJsFs GcjgKsegcK^PgRs eKYJ_\sL_j^Js_^sg_JFnesRSPRgKHRsVKges
4^KsJFnsFs /':7scKgjc^KJsg_s&KFYKsF ^ J sgRKs`_egMZSPRgsSê`KHgT_^scKkKFYKJsFs YSPRgs
_^sgRKsGKYYns_LsgRKsF S cHcFLhslFes\SeeS^Ps *KFcS^PsF^s98sK^PS^Ks\FnsRFkKsS^PKegKJs
gRKs YSPRgs JjcS^PsgRKs cKLjKYS^P s gRKs &YFHXGScJs lFes cKHFYYKJs Lc_\s Sges \SeeS_^s 9jcKs
K^_jPR sFLhKcsYF^JS ^P sgRKsHcKlsHR SKLesL_j^JsKkSJK^HKs_Lsg RKsgF^XKcesY_lKcsc_gFgT^Ps
GKFH_^s S ^ sgRKs9YKJesK^PS^Ks=RKs9 8 sRFJsHRKlKJs Sgsj` se`SgsSgs_jg s F^Js^KkKcsY_egsFs
GKFgs =RKs HcKls RFJs ^KSgRKcs eKK^s ^_cs LKYgs F^ngRS^Ps j^jejFYs =RKs F S cHcFLhs lFes _^Ks
g_jPRs\FHRS^Ks
) 3 s84?=)s
0_^Ps\SeeS_ês\KF^gsRj^PKcsF ^ J sgRScegsHcK`gsS^g_sgRKsH_HX`SgslSgRsjes=RKsP__JsL_YXes
Fgs69(sYKFc^KJslRFgsgjGKsL__JsF^JsJcS^XesgRKsHcKles`cKLKccKJsF^JsRFJsgRK\scKFJns
lRK^sgRKnsejSgKJs j`s -s ^_c\FYYnsHFccSKJs Fs e\FYYslFgKcs G_ggYKsF ^ J sBFYgsg__XslFgKcs
F ^ J sFsH_j `YKsgjGKes_LsGjggKceH_gHRs`jJJ S^Ps=RKcKslFe^gs\jHRsgT\Ksg_scKYFmsJjcS^Ps
Fs\SeeS_^ sGjgs-sl_jYJsjejFYYnsL S^JsFs\S^jgKsg_sJcS^XsLc_\s\nslFgKcsG_ggYKsJjcS^Psg RKs
JKeHK^gsg_s\KKgsgRKsgF^XKcsBFYgsYSXKJsgFXS^PsFse^FHXsGcKFXslRSYKs-slFesH_\`YKgT^Ps
gRKscKLjKYS^Ps%es-slFesLSPRgT^Psg_sgFXKs_^sgRKsYFegsLKlsPFYY_ês_LsLjKY sBFYgsl_jYJsgKYYs
\KsFG_jgsgRKsbjFYSgns_Lsg RKsGjggKceH_gHRs`jJJS^PsgRFgsJFns
-s YSXKJsBFYgeseKêKs_LsRj\_csS^sMZSPRgs -^sgRSesYS^Ks_Lsl_cXsRj\_csRKY`KJsJSLNjeKs
F^nsgKêS_^s )^HY_eKJs S^sFsH_H__^s_LsgTgF ^Sj\sF^JsegKKYsL_csR_jcesFgsFsgT\K slKsRFJs
g_sgcjegsKFHRs_gRKcs%s`Fcgs_Lsg RSesS^HYjJKJsgRKs\F^sS ^ sGFHXsRFkS^PsLFSgRsgRFgsgRKsPjns
S^sLc_^gsl_jYJs RF^JYKs`c_GYK\esF^JsMZnsgRKsFSc`YF^KseXSYYLjYYns=RKs894sJSJs^_gsRFkKs
F^ns \KFês g_s H_^gc_Ys gRKs F S c`YF^Ks SLsgRKs `SY_gs lKcKs S^HF`FHSgFgKJs -Lse_\KgRS^Ps
RF``K^KJsg_s\K sgRKcKslFes^_s_`gT_^sL_csBFYgsKmHK`gsg_sKVKHgsLc_\sgRKsF S c`YF^Ks
4^Ks JFn s Fs eS\`YKs `c_GYK\s \FJKs \Ks cKFYSoKs gRKs gK^j_jes `_eSgT_^s BFYgs RFJ s
eSggT^PsS^sGFHXslSgRs^_segTHXsBKslKcKs`c_HKKJS^Ps_^sFsegcFSPRgseKHgT_^s_Ls_jcsc_jgKs_kKcs
)jc_`Ks =RSes `FcgTHjYFcsc_jgKs RFJs \F^ns gjcê s F^JsgRKs 1FHRs RFJs g_s GKs \FS^gFS^KJs
`cKHSeKYnsg_s`cKkK^gs_kKceR__gT^PsgRK\s -sJKHSJKJsg_sS^JjYPKsS^sFs bjSHXsJcS^XsLc_\s\ns
lFgKcs G_ggYKs GKL_cKs F^s j`H_\S^Psgjc^s -s `jgs gRKs Y_^Ps `YFegTHs egcFlsg_s \ns RKY\Kg s
Y_HFgKJs gRKs _`K^S^PsF^Js `jeRKJ s Gjgs ^_gRS^PsRF``K^KJs 1SYJYnsLcjegcFgKJ s -s `jeRKJs
RFcJKcslSgR_jgsejHHKees-sPYF^HKJsS^sgRKs\Scc_csF^JsL_j^JsgRKsegcFlsS^sgRKscSPRgse`_gse_s
lSgRs _^KsLS^FYseR_kK s -s `jeRKJsL_csgRKs YFegsgT\Ks =RKsegcFlsSêgF^gYnseYS``KJs S^g_s \ns
RKY\Kg s _kKceR__gT^Ps\ns \_jgRsF ^ J s`_XS^Ps\nsKnKs eYSPRgYns 1nsKnKs GKPF^sg_sgKFcs
`c_LjeKYnsF ^ J sFgsgRKseF\Ks\_\K^g sBFYgsH_\ \F^JKJsFscKJjHgT_^sS^s 1FHRsg_sXKK`s
gRKsgjc^s cF JSjesj^JKcsH_^gc_Ys -sL_cP_gsgRKslFgKcs G_ggYKsF^J seKKS^Ps_jgs_Ls_^Yns_^Ks
KnK sH_^HK^gcFgKJs_^s\FS^gFS^S^Ps`cKHSeKse`KKJsgRc_jPRsgRKsg jc^s1nsKnKsH_^gT^jKJs
g_sgKFcsFesgRKsFSc`YF^KsH_\`YKgKJsgRKsgjc^scK\FS^S^Ps_^sH_jceKsF^Js_^se`KKJs
%es-s H_^gK\`YFgKJsgRKs`_eeSGSYSgns_LsLS^SeRS^PsgRKs\SeeS_^s F^Js YF^JS^Ps lSgRs _^Ks
KnK s -s HFjPRgsFs PYS\èKs_Ls\neKYLsS^sgRKs\Scc_cs -s eFlsFs e`FHKsRKY\Kgs lSgRsFs lFgKcs
G_ggYKs JF^PYS^Ps _jgs gRKs Y_lKcs eKHgT_^s -s YFjPRKJs _jgs Y_jJs '_êSJKcS^Ps gRKs
eKcS_je^Kees _LsgRKs GjeS^Kees Fgs RF^J s SgslFes Fs YjJSHc_jes eSPRgs BFYgs Km`cKeeKJs RSes
SP^_cF^HKs_LslRFgsH_jYJsGKse_sLj^^nsFgsgRSes `FcgTHjYFcs\_\K^gs , K sFJJKJsgRFgsRKs
JSJ^gslF^gsg_sX^_ls-sMZKls_^s_^KsKnKsL_csFsLKlsRj^JcKJs\SYKe sgRK^sJcSKJsSgs_jgsGns
jeS^PsgRKs*FHKs,KFgs9lSgHRs
*c_\s gRK^s _^ s -s lFes HFcKLjYs lRK^s -s `KcL_c\KJs KkK^s gRKseS\`YKegs gFeXes 0FgKc s
lRK^s -sFHRS KkKJsF J kF^HKJs`c_LSHSK^HnslSgRsgRKslFgKcsG_ggYK s -sL_j^JsgRKsegcFlslFes
F ^ sKmHKYYK^gsJKkSHKsL_cseHcFgHRS^Ps\nsLFHKs eY_lYn skKcnseY_lYns -s ^KkKcsJSJsgKYYsBFYgs
lRFgs RF``K^KJsgRFgs JFns _kKcs )jc_`Ks ,Ses H_^LSJK^HKs S^s \Ks l_jYJs `c_GFGYns ^_gs
S^HcKFeKsS L sRKsYKFc^KJs-sRFJsMZ_l^sRS\sgRc_jPRsgRKsegcFg_e`RKcKslSgRsFslFgKcsG_ggYKs
\nsKnKs
'RKHXYSegesL_cs G_gRs HcKls \K\GKces lKcKs LjYYs _Ls\_cKs S^L_c\FgT_^sgRF^s F^n_^Ks

H_jYJs`_eeSGYnsJSPKegs-^sFJJ SgT_^sg_sgRKeKseg_cKR_jeKes_LsX^_lYKJPK sgRKsPjnsS^sGFHXs
HFccSKJs FJJSgT_^FYs \F^jFYes RKs H_jYJs cKLKcs g_s lRK^s gRKcKs lFes Fs `c_GYK\s 4^Ks
\_c^S^Ps_kKcsgRKs9_jgRs 'RS^Fs9KF sFs eKê_csYSPRgsGYS ^XKJs S ^ s\nsH_HX`Sg sgKYYS^Ps\Ks
gRKsFjg_\FgKJsMZSPRgsH_^gc_Ys enegK\slFes \FYLj^HgT_^S^Ps -s FggK\`gKJsg_scKeKgsgRKs
HScHjSgsg _s^_sFkFSY se_sBFYgsJ_kKsRKFJsLScegsS^g_sgRKseHRK\FgTHsJSFPcF\eseg_cKJsS ^ sRSes
\F^jFYesS ^ sgRKsGFHXsH_HX`Sgs=RKs\_cKslKsgcSKJsg_sH_ccKHgsgRKs`c_GYK\ sgRKs\_cKsSgs
JKLSKJs jes 9__^s Sgs gRcKFgK^KJs g_s GcS^Ps _jcs \SeeS_^s g_s F^s KFcYns K^Js BKs lKcKs
F ` `c_FHRS^PsFs `_S^gslRKcKslKsKSgRKcsRFJsgRKsenegK\s_^sYS^KsF ^ J sH_jYJsH_^gT^jK s_cs
lKs JSJ^gsRFkKsgRKs enegK\s F ^ J sl_jYJs RFkKsg_s cKgjc^s -s RFgKJsgjc^S^PsGFHXs_^s F^ns
\SeeS_^s4jgs_LsL cjegcFgT_^ s-sjeKJsFsgKHR^SbjKsgRFgsl_cXKJs_^HKsS^sFs=s-seYF\\KJs
\ns RF^JsFPFSêgsgRKseKê_cselSgHRs F^JsHjceKJs Y_jJYnsS ^ sSges J S cKHgT_^s =RKsHRF^^KYs
cKeKg sgRKsYSPRgslK^gs_jg s F^JsgRKsVKgs `KcL_c\KJsMZFlYKeeYnsgRKscKegs_LsgRKsJFns9_s
\jHRsL_csFJkF^HKJsK^PS^KKcS^Ps
1_egs_Lsg RKsgT\KsgRKs98slFesR_^KegsF^Jsc_HXse_YSJ sGjgslRK^seRKsP_gsHcF^XnsFgs
1FHRs sBFYgsF^Js -sRFJsFsGFJsJFns)kKcn_^KsKYeKsJ_l^sgRKsHRFS^sFYe_sRFJsFsGFJsJFns
1FS^gK^F^HKsl_cXKce s gF^XKcs JcSkKce s ejckKS YYF^HKs `K_`YK s F^Js cKeHjKs `K_`YK s FYYs
RFJsgRKScsJFnes`YF^^KJsFc_j^Js_jcs\SeeS_^s%YYslKcKsFLNKHgKJslRK^sFse_cgTKsJSJ^gsP_s
Fes`YF^^KJs -LslKs RFJsF ^ sF S cHcFLhs\F YLj^HgT_^ s_jcsLScegscKe`_êSGSYSgnslFesg_s PKgsgRKs
VKgsJ_l^seFLKYns -^s\F^nsHFeKesgRKs\F YLj^HgT_^s`jgsjes_^sgRKsKJPKs_LseFLKgns
%#$<1.++%-#<1.22<3$ < %!&< <#.3<<1 +<2 -2 <.!<)623<$.8<,6$< 83 1<3$ 1 <%2<.63<3$ 1 < *%-8<- 7 1
+..* < 2.<2,++<
6 3) /6/-*16/6)/!-6 /- ) )6+-*-'63 /*1/6*)6

1)./-/6 2-6 *-/6 /)'6 1- )6 /6 3-6 36 */6
6 ' .. &6 3-) ).6 )6 /6 )4/6 / )6 6 $)36 /6
--6 3.6 -*$6 2 *&) /&56 6 *1-.6 6 /*1/6 36
3-6 /656)6 6 1-)6*1/6/*6 6 *1-6-./6 1)./-/6
/66 /!'6/*626 /6 6

>,)s@ 3 68)(-'>%&0)s
4^Ks^SPRgs^KFdsgRKs/_dKF^sI_Ffg sgRKsFSdaYF^KslFfsRj\\S^PsFY_^PsGKFjgTLjYYns%fslKs
GKPF^sFsgjd^sg_sgRKs9_jgR s-s\_\K^gFdSYnsg__Xs^_gKs_LsFsLYKKgs_LslKYYYSgsLSfRS^PsG_Fgfs
GKY_ls\Ks 2 n sRKY\KgsfgdSXS^PsFPFS^fgsgRKsfSJKs_LsgRKs I_IXaSgsW_YgKJs \Ks Ld_\s gRKs
IF Y \ s>RKs^j\GKds_^KsK^PS^KsfaSXKsRFJsY_fgsRnJdFjYSIsa_lKdsF^JsfYF \ \ KJsL_dlFdJ s
IFjfS^PsFskS_YK^gsj^fgFdgs&KS^PsS ^ sgRKsgjd^s_^Yns\FJKsgRKsj^fgFdgsl_dfKs>RKsK^PS^Ks
I_^gT^jKJs S^s Fs fKdSKfs_Lsj ^fgFdgfs Ffs -s ldKfgYKJs g_s XKKasgRKsWKgsj^JKdsI_^gd_Ys F ^ J s
\FS^gF S ^ s_ j d saYF^^KJsPd_j^JsgdFIXs>RKsSÎdKFfKJsnFlsLd_\sgRKsj ^fgFdgfsL_dIKJsj f s
fYSPRgYnslSJKs_LsgRKsad_PdF \\KJsgjd^s -YYsFYlFnfsRFkKsFs aSIgjdKsS ^ s\ n s\S^Js_ L sgRFgs
\_\K^gs -^sFs JFdXsfXn slSgRsG_gRs RF^Jfs_^sgRKsfgTIXsF^JsgRKsWKgsfRFXS^PskS_YK^gYn s -s
gdSKJs g_s L_YY_ls gRKs IFY\s S^fgdjIgT_^fs _Ls \ns GFIXfKFgKd s F^Js Fk_SJs aK^ KgdFgT^Ps Fs
fK^fSgTkKsFdKFs4jdsfS\sgdFS^S^Ps\jfgsRFkKsaF S J s_LNsFfslKsYjIXSYns\FJKsSgsgRd_jPRs_^Ks
fIFdns^SPRgsBKsYS\aKJsR_\KsFgsfjGf_^SIsfaKKJfs
)kK^sgR_jPRsgRKsaYF^KsI_jYJsGKsjâdKJSIgFGYK sSgsfKK\KJsg_saKdL_d\sSgfsGKfgs_^s
kSgFYs\SffS_^fs>RKs\SffS_^slKsLYKls_kKds0SGnFslFfsS \ a_dgF^g#slKsRFJsG_gRsFSdaYF^Kfs
S^s )^PYF^Js jasS^sgRKsF S d sgRFgs JFns 4jdsad_LSYKslFfs fgdS^PK^gs GKIFjfKs_LsgRKsR_fgT Y K s
gRdKFgs KmaKIgKJs 0SGnFs lFfs^_gs g__s RFaansFG_jgsFs dKIK^gskSfSgsG n s%\KdSIF^s * s
LSPRgKdG_\GKdfs B K s RFJs Wjfgs IYKFdKJs gRKs I_Ffgs _Ls )^PYF^J s F ^ J s lKdKs LYnS^Ps Fgs
^_d\FYs FYgTgjJKfsS^s fKFdIRs_Ls_jdsLSdfgsgF^XKds -s fa_ggKJs gdFLNUIs RKFJ_^sF ^ J sfYSPRgYns
GKY_lsjfs-gslFfsgRKs*fsdKgjd^S^PsLd_\sFsY_^Ps^SPRgfsl_dXs4^KsYKffsW KgsF^JsIdKls
LYKlsS ^ sgRKSdsL_d\FgT_^s-gslFfsFsfSYK^gs\_\K^gs%fsgRKsL_d\FgT_^s_LsLSPRgKdG_\GKdfs
aFffKJsjf sgRKsYKFJsF S dIdFLhsd_IXKJsSgfslS^Pf sF^Js-sd_IXKJs_jdfsS^s dKgjd^s
%YYsgRKslFnsLd_\s )^PYF^Jsg_s6_dgjPFYs _jdsFSdaYF^KsPFkKsjfsad_GYK\fs -gsI_jPRKJs
F ^ J sIRjPPKJ sF ^ J sYKgsjfsX^_lsS^s\F^nsf\FYYslFnfsSgslFfsP_S^Psg_sGKsFs aSPsgRFgsJFns
>RKsJ__dfsF ^ J sfaSXKfsdFggYKJs-gsJSJ^gs\FXKsSgfsgT\Ksg_sIYS\GsF ^ J sSgsGjd^KJs\_dKsLjKYs
gRFgsSgslFfsfjaa_fKJsg_s>RKs_jgfSJKsFSdsgK\ aKdFgjdKfslKdKsad_GFGYnslFd\KdsgRF^s
L_dKIFfgKJ sF ^ J sgRKsWKgslFfsWjfgs^_gsLKKYS^PsP__Js_dsFIIKYKdFgT^PsFfsSgsfR_j YJs3KFds
6_dgjPFYslKsRSgsgRKsgF^XKdf sgRK^sfI__gKJsFId_ffsgRKs2KJSgKddF^KF^sFdKFs>RKs3_dgRs
%LdSIF^sI_FfgsS\ adKffKJs \KslSgRsSgfsfSoKs -slFfsjfKJsg_sfXSaaS^PsFId_ffsgKddSg_dSKfsS ^ s
Fs dFaSJsLFfRS_^ sGjgsgRSfsYKPslFfsgFXS^PsL_dKkKd sKkK^sF g sRSPRs2FIRs'RKIXa_S^gsFLhKds
IRKIXa_S^gsaFffKJslSgRs JSfFaa_S^gT^PsFSdIdFLhs aKdL_d\FÎKsBFYgsa_S^gKJs_jgsgRFgs
lKslKdK^gslRKdKslKs^KKJKJsg_sGKslSgRs_jdsLjKYsdK\FS^S^Ps&KPS ^^S^PsgRKsIYS\Gsg_s
_jdsYFfgs IRKIXa_S^gs GKL_dKs gRKs R_gs o_^K s -s X^KlsBFYgslFf^gsI_^LSJK^gsFG_jgsgRKs
F S daYF^KfsFGSYSgnsg_sPKgsjasg_s_jdsad_PdF \\KJsfaKKJsS^sgT\Ksg_s\FXKs_jdsaFffs
-sX^KlsgRSfslFfsF ^ sS \ a_dgF^gs\SffS_^#s-slF^gKJsgRKsWKgsg_s\FXKsSgs-sGKPF^s\_kS^Ps
gRKsJ__dfsIFdKLjYYn sFJWjfgT^PsflSgIRKfsfY_lYn sF^JsgFYXS^Psg_sgRKsF S daYF^KsS^s Fs lFns
X^_l^s_^Ynsg_s+nafSKf slSgIRs J_Ig_df s F ^ J sfS^PYKfKFgsLSPRgKdsaSY_gf s R_aS^PsgRS ^Pfs
l_jYJs S \ad_kKs>RKs FSdaYF^KsdKfa_^ JKJs -gsfgFdgKJs g_s f_j^JsF^JsLKKYs JSLNKdK^gs%YYs
kSGdFgT_^fsIKFfKJ sgRKsJ__dfsbjSKgKJsF^JsgRKsfaSXKfsGKIF\KsdSPSJs%fslKsdKFIRKJs_jds
YFfgsIRKIXa_S^g slKslKdKslRKdKslKs ^KKJKJsg_sGKs S^s faKKJs F^Js FYgTgjJKs -s fF S J sg_s
BFYg s ,F^Ps S ^ s gRKdKs >RSfs WKgs Sfs GKPS^^S^Ps g_s LKKYs dSPRgs >RKs F S daYF^Ks lFf^gs
fKdS_jfYns Gd_XK^ s nKgs FYYs _LsFs fjJJK^s Sgs lFfs LYnS^Ps JSLNKdK^gYns %fs lKs Id_ffKJs gRKs
gFdPKgsFdKF sSgslFfsf\__gRsFfsfSYX#s^_gs_^KskSGdFgT_^ s^_gs_^Ksj^fgFdgs%fsf__^sFfslKs
JKaFdgKJs gRKs R_gs o_^K s Fs LKls F^^ jÎSFg_dfs YSgs jas S^s BFYgfs I_IXaSgs fR_lS^Ps gl_s
\SffSYKfsRFJs GKK^sLSdKJs Fgs jfsBKsgjd^KJs ^_dgR s F^Js_jdsfaKKJ s FYgTgjJK s F^Jsgjd^s
JKLKFgKJs gRKsgRdKFgs 4ÎKslKsRKFJKJsg_lFdJfsR_\K s gRKs FSdaYF^KsFPFS^s GKPF^sg_s
aKdL_d\s a__dYns -gs lFfs Ffs SLs Sgs X^Kls %LhKds YF^J S^P s lKs ld_gKs jas ^j\Kd_jfs
\FYLjÎgT_^fsL_ds\FS^gK^FÎKs>RKsF S daYF^KsF\FoKJs\KslSgRsgK^s\S^jgKfs_Lsf\__gRs
LYnS^Ps_kKds0SGnFs%LhKdsLYnS^PsFs^j\GKds_Lsf_dgTKfsS ^ sgRKsF S daYF^K s\_fgsaSY_gfsI_jYJ^gs
RKYasgRS^XS^PsgRKsF S daYF^KsRFJsFsRKFdgsF^JsfaSdSgs_LsSgfs_l^s
2 -+s 8 @ 3 3 ) 8 s
BSgRsF ^ sFddFns_LsfK^f_dfsS ^ sgRKsdKFdsfKFg sgRKs894s\_^Sg_dKJs\F^nsSÎ_\S^PsfSP^FYfs

JjdS^PsgRKsLYSPRgsBKslKdKsFYlFnfsF Y KdgKJsg_sfSP^FYfsS^JSIFgT^PsFsR_fgT Y K sgRdKFg sKSgRKds
Ld_\sFsfj dLFIKg_F S d s\SffSYK s_dsFsLSPRgKdsFSdIdFLhs%YgR_jPRslKsLKYgsI_^LSJK^gsFG_jgs
gRKs 98 s lKs ^KkKds g__Xs YSPRgYns F^ns fSP^FYfs S^J SIFgT^PsFs gRdKFgs >RKs _gRKdsfSJKfs
gRdKFgfslKdKs^_gsFs fjdadSfKsg_s jf sGjgsgRKnsIFjfKJsFs LFIK_LNs>RKnsX^KlslKslKdKs
gRKdK sF^JslKsX^KlsgRKnslKdKsY__XS^PsFgsjfsBKsX^KlsgRKnsl_jYJsFIgTkFgKsIKdgF S ^ s
F S d sJKLK^fKsfnfgK\f s F ^ J sgRKns X^KlsgRFgsS g slFf^gsP_S^Psg_s fg_as jfsLd_\s I_\S^Ps
2_fgs_LsgRKsgT\K sSgsfS\aYnslFfs^_gsa_YSgTIF YYnsKmaKJSK^gsL_dsgRKs_gRKdsfSJKsg_sFggK\ags
g_sfR__gsjfsJ_l^ sKfaKISFYYnsSLsgRKnsLKYgsgRKdKslKdKsYSggYKsIRFÎKs_LsfjIIKffs%YgR_jPRs
gRSfslFfs^_d\FYYnsgRKsIFfK slKsIFddSKJsgRKs\K\_dns_LsgRKs sSÎSJK^gslSgRsjfsFYYs
gRKsgT\Ks- ^ sgRFgsnKFdsgRKs3_dgRs/_dKF^fsIYFS\KJskS_YFgT_^s_Lsg RKSdsF S dfaFIKsF ^ J sLSdKJs
Fs fj dLFIKg_F S d s \SffSYKs Fgs F^s 98s -gs \SffKJ s Gjgs gRKs IdKls lSg^KffKJs gRKs
JKg_^FgT_^s_LsgRKs\SffSYKsLd_\slRKdKsgRKnsfFgsS^sgRKsI_IXaSgsBKsX^Klsg_sKmaKIgsgRKs
j^KmaKIgKJs
-^s FdKFfslKskSfSgKJs LdKbjK^gYn s lKsIF \ K sg_sKmaKIgsJSfgTÎgs dKFIgT_^fs -LslKsLYKls
^KFdsFSdsGFfKfsKbjSaaKJslSgRsgRKsYFgKfgs9_kSKgs2 -+sLSPRgKdf slKsKmaKIgKJsg_sfKKsgRKs
2s-+fsdj^sS ^gKdIKagfs_^sjfs*d_\sFYYs -sRFJsdKFJ s-sX^KlsgRSfslFfsI_\\_^s3_s\FggKds
R_lsP__Js gRKns lKdK s gRKns l_jYJs RFkKs JSLNUIjYgns ajggT^Ps F ^ sF S dg_FSds \SffSYKs _^s Fs
gFdPKgs\_kS^PsLFfgKdsgRF^s2FIRss3_d\FYYnslKsI_jYJs_^YnsgKYYsKYKIgd_^SIFYYnsgRFgsF ^ s
9PP^@J>aV?9a 9Va;PLIa 92E9aaVLa J>E2J8aIâV?P99a?LZPSaL;a;F^@J>a @Ja 82PDJ9SSa\9P9a P9\2P898a 5â2a SN96V26ZE2PaSZJP@S9aL[9Pa 69E2J8a
S^gKcHK`gs FggK\`gs lFes S^s `c_PcKees -s l_jYJs eHF^s Fs GYF^Xs eXns L_cs eSPês _Ls gRKs
S^gKcHK`g_csGjgscFcKYnseFlsgRK\s%gs_jcse`KKJsF ^ J sFYgTgjJK s`SHXS^Ps_jgsFs eS^PYKsVKgs
LFcs GKY_ls \ K slFes JSLNSHjYgs 4^s gl_s JSLNKcK^gs_HHFeS_êsgR_jPR s -s eFlsgRKs GcSYYSF^gs
lRSgKsH_^gcFSYes_LsR_egT Y K sLSPRgKces -sX^Klsg RKnsl_jYJs`c_GFGYnsY_kKsg_sGKsgRKsLScegsg_s
HYFS\s F ^ s98s XSYYs =RKns eHcF\GYKJ s R_`S^Pse_\KgRS^Psl_jYJsP_s lc_^PslSgRs \ns
F S cHcFLhs BKs l_jYJs GKs KFens`cKnsS L slKs RFJsg_seY_lsJ_l^s F^Js JKeHK^Js BSgRsgRSes
gR_jPRgsS^s\S^J s-sg__Xs`YKFejcKsS^sY__XS^PsJ_l^sFgsgRKscSeS^PsH_^gcFSYes&ns^jJPS^Ps
gRKsgRc_ggYKesL_clF cJs-sJKegc_nKJsgRKsegcFS^S^PsLSPRgKces_``_cgj^SgnsL_csFsejHHKeeLjYs
S^gKcHK`gsF^PYKs -^s \_\K^ge sgRKs 1 -+esLKYYsLc_\s kSKl slFYY_lS^PsS^s gRKsgRS^sF S c s_Ls
j``Kcs FYgTgjJKes -s H_jYJ^gs RKY`se\SYS^PsFesBFYgeseH_`KslK^gsGYF^XsF^JslKs JFcgKJs
g_lFcJs R_\Ks -sLKYgsPcFgTgjJKsF ^ J s`cSJKsS^slRFgs%\KcSHFêsH_jYJsGjSYJslRK^sPSkK^s
gRKsHRF^HKsBKsRFJsVjegs\_HXKJsgRKsLS^Kegs\_JKc^JFns1-+esS^sgRKsl_cYJ slSgRsFsVKgs
^KFcYnsgRcKKsgT\KesgRKScsFPKs._R^sBFn^Ksl_jYJsRFkKsY_kKJsgRSesF S c`YF^Ks
=,)s8)=?83s
+_S^Psg_s4XS^FlFs_^s_jcsLScegsJK`Y_n\K^gslFes`Kce_^FYYnseSP^SLSHF^gsL_cs\Ks=lKYkKs
nKFcesKFcYSKc s -sFccSkKJs S^s 4XS^FlFs_^sFs \KJSHFYsgcFê`_cgs -slFesgcFê`_cgKJsg_sgRKs
S^gKêSkKsHFcKsj^SgsFgsgRKs3FknsR_e`SgFYsY_HFgKJsFsLKls\SYKesLc_\sgRKs%Scs*_cHKsGFeKs
%es_^Ks_LsgRKs YFegsHFejFYgTKes_LsgRKsASKg^F\s HF\`FSP^ s -s e`K^gsgl_s \_^gResFgsgRKs
R_e`SgFYsGKL_cKs\nsH_^JSgT_^sS\`c_kKJsK^_jPRse_sg RFgs-sH_jYJsK^JjcKsgRKsY_^PsM ZSPRgs
GFHXsg_sgRKs9gFgKes *c_\s\nsGKJs_^sgRKsGjc^slFcJ s -sH_j Y J seKKsgRKs)Fegs'RS^Fs9KF sFs
c_HXns GKFHR s F^Js Fs PcKK^s e_HHKcs LSKYJs 1F^nsFLhKc^__ês gRKs gjcLsLSYYKJs lSgRs XSJes
eR_jgT^PsF^Js HRFeS^PsFs GYFHXsF^JslRSgKsGFYYsLc_\sP_FYsg_sP_F Y s(jcS^PsgRFgsY_^Psgl_s
\_^gRe s Y__XS^Ps_jgeSJKs \ns lS^J_lsF^JseKKS^PsgRKs cKegs _LsgRKsl_cYJsLj^HgT_^S^Ps
^_c\FYYnsg__Xs\ns\S^Js_LNsgRKs`FS^s
-sLKYgsJSLNKcK^gYnslRK^s -scKgjc^KJsg_sgRFgsSeYF^J s^_lsMZnS^PsgRKs98s -s ^_sY_^PKcs
eFlsgRKsSeYF^JsgRc_jPRsFse\FYYslS^J_lsLc_\sFsR_e`SgFYsGKJs -s^_lseFlsSgsFesFs^_c\FYs
JjgnsY_HFgT_^sF ^ J s`YFHKslRKcKs-sH_jYJsGSXKsF^JselS\sS^s\nsLcKKsgT\Ks -slFesPcFgKLjYs
L_csFYYsgRFgsRFJsgcFê`ScKJsS^sgRKsS^gKckK^S^PsnKFcesgRFgsRFJs Gc_jPRgs\KsGFHXsS^sgRSes
lFns-sL_j^JsgRKsPcKK^sLSKYJsFPFS^s(SLNKcK^gsXSJes`YFnKJse_HHKcslSgRsgRKseF\KsV_nsF ^ J s
^_c\FYHns -slFgHRKJsF^Js-slK`gs=R_jPRsLKls^_gTHKJ sKkKcnsgT\Ks-sg__Xs_LNsLc_\sgRKs
%Scs *_cHKs GFeK s -s GF^XKJs eRFc`YnsJjcS^PsgRKs JK`FcgjcKsgjc^ sgFXS^Ps\nsMZSPRgs `FgRs
g_lFcJesgRKs 3FkFYs GFeKs -s X^Kls -s H_kKcKJs Fs HKcgFS^s PcKK^s LSKYJs lSgRs Fs GYF^XKgs _Ls
`_lKcLjYse_j^Js
2_fgs _Ls _jdsf_dgTKfs Ld_\s 4XS^FlFs g__Xs jfs ^_dgRs 4^s _^Ks _IIFfS_^ s lKs lKdKs
gFfXKJsL_dsFs\SffS_^sgRFgsg__Xsjfsf_jgRs-gsRKYJs\_dKsaKdf_^FYs\KF^S^PsL_ds\KsgRF^s
F Y Y sgRKs_gRKdfs-sLYKlsS^sgRKsF S daYF^KsBKsdKa_dgKJsL_ds_jdsadK\SffS_^sfgjJnsgRKsJFns
GKL_dK sF ^ J slKdKsRF^JKJs\FafsfR_lS^PsF^sSgT^KdFdnslKsRFJs^KkKdsfKK^sGKL_dKsBKs
l_jYJsLYnsFId_ffsFdKFfs_Ls9_jgRKFfgs%fSFs>RSfsaFdgs_LsgRKsl_dYJsRKYJs\F^ns\K\_dSKfs
F ^ J sfgTddKJs JKKas K\_gT_^fs S^s KkKdns \F^s lR_s RFJs LY_l^s S^sgRKslFds%fs lKsY__XKJs
_kKdsgRKsd_jgK sBFYgsF^Js -sKmIRF^PKJsfg_dSKfs_LsaFfgsJFnfs
-slFfsfjdadSfKJsg_sfKKs_jdsLYSPRgsl_jYJsgFXKsjfs_kKdsgRKsFdKFslRKdKs\nsaYF^KsRFJs
P_^KsJ_l^sglKYkKsnKFdfsGKL_dKs>RKsYFfgsgT\Ks-sRFJsfKK^sgRSfsaFdgs_Lsg RKsl_dYJ s-slFfs
GKS^PsIFddSKJs_jgs_^sFsfgdKgIRKds -^sgRKsR_faSgFYsgRKnsg_YJs\Ksf\FYYsFd\fsLSdKsRFJsRSgs
\nsF S daYF^KfsK^PS^Ks-sdK\K\GKdKJsR_lsYSggYKsSgs\FggKdKJsg_s\KsFgsgRKsgT\KsGKIFjfKs
_Ls\nsI_^JSgT_^s-s^KkKdsS\FPS^KJs-sl_jYJsLYns_kKdsgRSfsaFdgTIjYFdsPK_PdF aRnsFPFS^s%fs
BFYgsF^Js-sI_\aYKgKJs_jds\SffS_^sadKaFdFgT_^ s-slFfsPYFJslKslKdKsdKgjd^S^Psg_sgRSfs
YF^JsS^sgRSfslFns
>RKs \SffS_^s lKFgRKds GdSKLS^Ps gRKs ^Kmgs JFns S^L_d\KJs jfsgRKs lKFgRKds l_jYJs GKs
IYKFds gRd_jPR_jgs gRKs gFdPKgs FdKFfs >RKs lKFgRKds GdSKLKd s gRKs 69(s L_YXf s F^Js gRKs
\FS^gK^FÎKsaK_aYKslKdKsF Y Y sFs YSggYKs\_dKsjas)kKdn_^KsfKK\KJsg_sX^_lsgRSfslFfs
F^s j^jfjFYs \SffS_^s %fs -s lFYXKJs Ld_\s gRKs kF^s g_s gRKs WKg s Fs n_j^Ps \FS^gK^FÎKs
F S d\F^sFaad_FIRKJs\Ks ,KsRFJsfKK^s\nsGjfS^ KffsIFdJslRSIRsfFSJs>RSfsG__\fsL_ds
n_j sF^JsFfXKJsSLs-sl_jYJsJdFPsF ^ sKmgdFsY_jJsG__\sg_JFnsS^s R_^_ds_LsRSfsLFgRKdslR_s
lFfsfgT YYs YSfgKJs Ffs2SffS^Ps -^s%IgT_^s Ld_\sgRKsASKg^F\s BFds ,Sfsk_SIKsIdFIXKJs lSgRs
K\_gT_^ sF^Js-sFffjdKJsRS\slKsl_jYJsGKsaYKFfKJsg_sR_^_dsRSfsLFgRKdsS ^ sgRSfslFns
%LhKdsgFXS^Ps_LNsF ^ J sgjd^S^PsgRKsFSdaYF^KsKmgdFsgTPRgsFgsgRKsK^Js_LsgRKsdj^lFn slKs
ad_IKKJKJs f_jgRs 3KFdS^PsgRKsgFdPKgsFdKF slKs L_j^Js gRKs lKFgRKds lFfs FfsP__Js Ffs
adKJSIgKJs BSgRs gRKs KmIKagT_^FYs kSfSGSY Sgn s -s I_jYJs Y__Xs J_l^s F^Js fKKs gRKs Y_^Ps
fgdKgIRKfs _Ls I_ÎdKgKs I_\a_fS^Ps F S dLSKYJfs I_^fgdjIgKJs Gns @ 9s L_dIKfs Y_^Ps FP_s
BRKdKs_ÎKsd_lfs_Ls%\KdSIF^sLSPRgKdfsfFgsa_SfKJsL_dsGFggYK s -s^_lsfFls2 -+fsaFdXKJs
_^sgRKsdF\as0__XS^PsFgsSgs^_lsLd_\sgRKsYFdPKdsaKdfaKIgTkKsad_kSJKJsGns\nsI_IXaSg s
Sgs\FJKs\ K sfF J s'_jYJsgRSfsYF^Js \FffsRFkKs GKK^s l_dgRs FYYsgR_fKsf_dgTKf s FYYsgR_fKs
nKFdf sFYYsgR_fKsYSkKf$s
>RKs9YKJslFfsaKdL_d\ S^PsLYFlYKffYnsBKslKdKsId_ffS^PsgKddF S ^ s-s RFJs_ÎKsX^_l^s
S^gT\FgKYns 6YFIKfs-s RFJs fKK^sFgss\SYKfsaKdsR_jds -s ^_lsaFffKJs_kKdsFgsgK^sgT\Kfs
gRFgsfaKKJs 2 K\_dSKfs_GY_^PsFP_sdKgjd^KJsg_s\ns\S^JsYSXKs_YJsLdSK^Jfs 6d_\S^K^gs
YF^J\FdXfs KIR_KJs lSgRs k_SIKfs Ld_\s F^s KdFs gRFgs^_lsfKK\KJs f_s JSfgF^g s GjgsfgT Y Y s
LF\ S YSFds
)FdYSKd sBFYgsF^Js-sRFJsSJK^gTLSKJsgRKsfKP\K^gs_Ls_ jdsd_jgKslRSIRsl_jYJsgFXKsjfs_kKds
gRKsFdKFslRKdKs\nsYSLKsRFJsFY\_fgsK^JKJs%fslKsFaad_FIRKJsSg sBFYg sF YlFnfsgRKsLdSK^J s
g__Xs Fs \_\K^gsLd_\s RSfs JjgTKfsg_sF YKdgs \Ksg_s Y__Xs_jgfSJKs -s J_^gs dKIFY Y s RS\s KkKds
dK\S^JS^Ps \ K sg_s Y__Xs _jgfSJKs F ^ J s -s FaadKISFgKJs RSfsPKfgjdKs -s RFJs F Y dKFJns GKK^s
Y__XS^Ps_jgsL_dsf_\KsgT\Ks-sLKYgs\nsRF^Js\_kS^PsgRKsgRd_ggYKfsL_dlF dJs
%fsgRKs9YKJsdFIKJsL_dlFdJ s\ns\S^JsLS YYKJslSgRsLYFfRGFIXfs_LsF Y Y sgRFgsL_YY_lKJsgRKs
YFfgsgT\Ks-s RFJsaFffKJsgRSfs^F\KYKffsfa_gs_^sgRKs\Fas-^s_^YnsfKI_^Jf s\F^nsS\FPKfs
LYFfRKJsS^s\ns\S^J!sgRKsR_dd_ds_LsgRKs\_\K^gslRK^s-sX^Kls\nsaYF^KslFfsP_S^PsS^g_s
gRKsWj^PYK#sgRKsbjSKgs_LsgRKsWj^PYKsLY__d sFfs-sYFnsgRKdKsYSfgK^S^Psg_sgRKsfSIXK^S^Psf_j^Js
_Ls \nsF S daYF^Ks Gjd^S^P#s gRKs KgKd^Sgns _LsgR_fKsLSdfgs gl_s \_^gRfs S^s S^gK^fSkKsIFdK s
lRK^s gRKs ^j\G^Kffs RFJs l_d^s _LNsF^Js -s lF^gKJsg_s JSK#s gRKs Y_^Ps R_jdfs _Ls aFS^LjYs
aRnfSIFYsgRKdFansFJ\S^ SfgKdKJs GnsaK_aYKsf\FdgsK^_jPRsg_sSP^_dKs\nsad_gKfgf#s gRKs
J_Ig_dfsgKYYS^Ps\Ks -sl_jYJs^KkKdsLYnsFPFS^#sgRKsfjdPSIFYsLjfS^Ps_Lsf\FYYsG_^KfsS^sgRKs
RF^JsgRFgsYKLhsfgKKYs aS^fsgK\a_dFdSYnsad_gdjJS^PsgRd_jPRsgK^JKdsLS^PKdf#s\nsdKYKFfKs
Ld_\sgRKsR_faSgFY#sgRKsW _ns-sLKYgs_^s\nsLSdfgsLYSPRgfs2K\_dns_LsSgsFYYsdjfRKJsGFIXsg_s\ K s
Ffsl K saFffKJs_kKdsgRFgsLFgKLjYsfa_gs
>RKdKs lKdKs ^_s fgKKYs aS^fs ^_l s Wjfgs gRKs LSd\s PdSas _Ls Fs PY_kKJs RF^Js _^s \KgFYs
gRd_ggYKfs>RKs_^YnsfjdPKdnsGKS^PsaKdL_d\KJslFfsS^sgRKsadKISfS_^s_Ls_jdsPd_j^JsgdFIXs
FfslKs JdFPPKJs_jdsf_^SIsG__\sFId_ffsFs LFIKYKffsWj^PYKs -s Gd_jPRgs ^_slKFa_^fsgRSfs
JFn s GjgsR_aKJsgRKsaK_aYKsGKY_lsl_jYJs RKFdsgRKsf_j^Js_LsLdKKJ_\s -s lF^gKJsgRKs
G__\s g_s fR_jgs lSgRs JKLSFÎKs -\s GFIXs -s LKYgs ad_jJs g_s dKgjd^s S^s gRKs GYFIXsWKg s
j^JKLKFgKJs-sFYf_sLKYgsF^PKdsFG_jgsgRKsY_ffs_Lsf_s\F^nslR_sl_jYJs^KkKdsdKgjd^s
%fslKsFaad_FIRKJsFs fK^fSgTkKsG_dJKd sBFYgsa_YSgKYnsdK\ S^JKJs \KsgRFgs_jds2FIRs
lFfsg__sRSPR sF^Js-s^KKJKJsg_sdKJjIKsSgsBSgRsFsgdFIKs_LsdKYjIgFÎK s-sI_\aYSKJs%fslKs
faKJs FlFns Ld_\s gRFgs fIFddKJs YF^J s -s g__Xs _^Ks YFfgs Y__Xs Fgs Fs aYFIKs -s l_jYJs ^KkKds
L_dPKgs>RKdKslFfs^_saFS^sFgs sLKKgs
%LhKdsBFYgsF ^ J s-sIYS\GKJs_jgs_LsgRKsWKgsgRFgsJFn slKsfR__XsRF^JfsFfsaK_aYKsJ_slR_s
RFkKsfRFdKJsFs faKISFYs KmaKdSKÎKs%fs-slFfsFG_jgsg_sfgKasS^g_sgRKskF^ s -s ^_gTIKJsgRKs
n_j^PsFSd\F^ sF^JsPFkKsRS\sFsgRj\Gfsjas,KsdKgjd^KJsgRKsfSP^FYslSgRsFsaFffS_^s-s
I_jYJsj^J KdfgF ^Js
a 52PP9Jà ?LSVAE9a2J8Ba\@V?a JLa S@>JSaL;a E@;9a 9]69NVa;LPa V?9a S@>J2ESa ,-'a P969@[9Sa
=,)s, - + , s?3=8)96%99)(s9%3'=-=Es4*s96%')s s

BSgRsFYYsgRFgslFesP_S^Ps_^sS ^ sgRKsH_HX`Sg sSgslFesFsl_^JKcs-sKkKcsRFJsFsHRF^HKsg_sY__Xs

_jgeSJKs &KeSJKes GKS^Pse_sGjen sgRKsejêRFJKesjeKJsg_s GY_HXsgRKs RFceRs PYFcKs_LsgRKs
ej^ s FYe_s_GegcjHgKJsgRKskSKls BRK^s -s JSJsLS^Js Fs \_\K^gsg_s Y__Xs_jgeSJK s -s l_jYJs
_LhK^seKKslRFgs -s HFYYKJs kScPS^sPK_PcF `Rns AScPS^sPK_PcF `RnslFes YF^Js_kKcs lRSHRs -s
l_jYJs ^_c\FYYns^KkKcsMZn s RFJs -s ^_gs GKK^sMZnS^PsgRKs &YFHXGScJs 9_\KsJFnes Sgs lFes e_s
HYKFcs-sH_jYJseKKsL_cKkKcs4^KsgT\KslR SYKsMZnS^PsHY_eKsg_sFs`FcgTHjYFcYnsR_egTYKs^FgT_^ s
-s H_jYJ^gs RKY`s ^_gTHS^Ps gRKs eHK^SHs `F^_cF\Fs GKY_ls \Ks 9j\\Kcs FLhKc^__^s
gRj^JKceg_c\es K\GcFHKJs Fs cjPPKJs \_j^gFS^s cF^PKs 1ns KnKesL_YY_lKJs gRKseg_c\s
`FggKc^s FHc_ees gRKs YF^Js F ^ J s -s cKFYSoKJs gRKs eF\Ks YS^Ks_LsGjSYJS^PsHY_jJes KmgK^JKJs
FHc_eesgRKsG_cJKcsS^g_sgRKs_gRKcseSJKesgKccSg_cns 1_cKsegcSXS^PsegTYY sgRKs\_j^gFSês
gRFgsc_eKsPcFHKLjYYnsS^sKFHRsYF^JslKcKsFYYs`Fcgs_LsgRKseF\KscF^PKs=RKsKFcgRsX^Kls^_s
Y S ^Kes_LsJK\F cHFgT_^"sSgsJ S J^gsFJRKcKsg_sgRKsG_cJKcesJcFl^s_^s_jcs\Fès=RKscF^PKs
_Ls\_j^gFSêsF ^ J sgRKsYS^Ks_Lsg Rj^J Kceg_c\eslKcKsF`_YSgTHFYs=RKsHY_jJeslKcKs^_sYKees
lRSgK sF^JsgRKsej^seR_^KsVjegsFesGcSPRgYn s_^sgRKs_gRKcseSJKs-sgR_jPRgsL_csFs\_\K^gs
R_ls`K_`YKsH_jYJsGKse_seK`FcFgKJsGnsS J KFe sl_cJesF ^ J sG_j^JFcSKe snKgsLc_\slRKcKs
-seFg sgRKsKFcgRslFesFYYs`Fcgs_Ls_^KsS^gKPcFgKJs`FggKc^s_LscF^J_\sRFc\_^ns-gslFeseFJs
gRFgsgR_eKslR_scjYKJsFHc_eesgRKsjêKK^sG_cJKcsS ^ sgRFgsGKFjgTLjYseHK^K sRFJsGc_jPRgs
gncF^^nsg_s F^s K^gTcKs ^FgT_^s _Ls`K_`YKs 9F JJKcsegTYYs lFesgRKsgR_jPRgsgRFgs e_\K_^Ks
J_l^sgRKcKs RKFcJs \nsF S cHcFLhsF ^ J sgR_jPRgs -s lFes gRKs K^K\ns BFYgsF Y KcgKJs \KslKs
lKcKsGKS^PsgcFHXKJsGnsR_egT Y K scFJFcsF^Js -s `jeRKJsj`sgRKs1FHRs*_csFs \_\K^gs-sRFJs
eKK^sgRKsl_cYJslSgRsPcKFgsHYFcSgns

&KHFjeKs_LsgRKsRSPRKcsYFgTgjJKs_Ls)^PYF^J slS^gKcsJFneslKcKskKcnseR_cgs%esBFYgsF ^ J s
-sg__Xs_LNsLc_\s)^PYF^JsF g s\ S J\_c^S^Ps_ ^ K sH_YJs.F^jFcnsJFn s-sR F J s^ _ sSJKFsgRFgs-slFes
FG_jgs g_s lSg^Kees eSPRges gRFgs l_jYJs GKH_\Ks gRKs \_egs \K\_cFGYKs eHK^Kes S^s \ns
glK^gnsnKFces_LsM ZnS^Ps
4jcsc_jgKsg__XsjesLFcs ^_cgRs (jcS^Ps_jcsLScegsFKcSFYs cKLjKYS^P sgl_s 3_clKPSF^s *s
LSPRgKces V_S^KJs _^s _jcs lS^Ps Fes lKs eY_lKJs g_s cK^JKok_jes lSgRs _jcs gF^XKcs =RKns
`c_kSJKJsFsLcSK^JYnsKeH_cgsF^JseKK\KJsg_sK^V_nsRFkS^Ps_jcsFScHcFLhsGKH_\Ks`Fcgs_Lsg RKScs
aS9E;aNLPVP2@Va ?9EI9Va[@SLPa P9;F96VSa V?9a [@9\a;PLIa V?9a VLNaL;aV?9a\LPE8a ,9;F96VALJa S?L\Sa ?2J8aLJaSVA6Da6?96DE@SVa
LJa DJ99a 2J8a ?2PS?a6LJVP2SVaL;aSZJE @>?Va2J8aS?28L\aLJa @JVPZI9JVaN2J9Ea2I9P2a @SaS99Ja 52D@J>a LJa82S?a
L_d\FgT_^s >RSfs XS^Js _Ls\KKgT^PslFfs jâYF^^KJs F ^ J sdFdKYns_IIjddKJs -s X^KlsgRKns
I_jYJ^gsfgFns Y_^P s Ffs_jds I_jdfKs lFfsgFXS^PsgRK\s LjdgRKdsFlFns Ld_\s gRKSds GFfKs
9__^sgRKnsl_jYJs RFkKsgRKSds_l^sY_lsLjKYsfgFgjfsg_sI_^gK^JslSgRs3KkKdgRKYKff sYSXKs
gKK^FPKdfsS ^ sR_gsd_Jf sgRKfKsn_j^Ps%Y YSKJsaSY_gfsfKK\KJsS^gKdKfgKJsS ^ sFs GSgs_LsFs JdFPs
dFIKs %fs -s IF \ K s _LNs gRKs gF^XKds F ^ J s IYKFdKJs g_s gRKs dSPRg s gRKs LSPRgKdfs a_fSgT_^KJs
gRK\fKYkKfsFGKF\s\K slFkKJ sF^JsYSgsgRKSdsFLhKdGjd^Kdfs -sPFkKsgRK\s Fs RKFJsfgFdgs
>RKs *sSfsFs ^SIKsYSggYKsWKgsF^JslKsK^W_nKJsgRKSdskSfSgsBKsYKLhsgRK\sS ^ sgRKsJjfgs
BKsad_IKKJKJsLjdgRKds^_dgRsF^JsId_ffKJs gRKs%dIgTIs 'SdIYKs>RKsGFddK^sI_YJs YF^Js
GKY_ls \FJKs\ K sFaadKISFgKsgRKslFd\gRs_Ls\nsfaFIKs fjSg s F^Js l_^JKdsFG_jgsgRKs
a__dsJKkSYfs \F^^S^Ps gRKsLFISYSgTKfslKs RFJs I_\Ksg_s fKKs '_\\K^gfsLd_\s gRKs GFIXs
fKFgsFffjdKJs \KsgRFgsf_\K_^KslFfsJ_l^sgRKdKsBFYgsRFJslFd^S^Pfs_^sRSfsfI_aKs-s
IRKIXKJs gRKsaKdSfI_aKsF ^ J s^_gTIKJs lKslKdKsYKFkS^PsYFdPKsI_^gdFSYfsFId_ffsgRKsfXn s
L_d\KJs Ld_\s _jdsKmRFjfgsRSggT^PsgRKsI_YJsF S ds AFa_dsS ^ sgRKs KmRFjfgsS^fgF^gYnsLd_oKs
S^g_sSIKsIdnfgFYfs\FXS^PsJjFYslRSgKsYS^KfsFId_ffsgRKsfXnsBRK^slKsRFJsFsR_fgT Y K sgRdKFgs
GKY_l slKsadKLKddKJs^_gsg_sajYYsI_^gdFSYfsGKIFjfKsgRKnsaSâ_S^gKJs_jdsY_IFgT_^s>RKs
98s JSJ^gs YKFkKs I_^gdFSYfs _LhK^ s f_s lKs dFdKYns I_ÎKd^KJs _jdfKYkKfs FG_jgs
S^FJkKdgK^gYnsYKFkS^PsgRSfsF JkKdgTfK\K^gs BRK^s lKs JSJsYKFkKsI_^gdFSYfsgR_jPR slKs
I_^gT^jKJs_jdsLYSPRg s\FXS^Ps^_sJKkSFgT_^fs
-s^_gTIKJsgRKsYFdPKsaYj\KfsK\F^FgT^PsLd_\sgRKsK^PS^Kf sF^JsfFlsgRKsfj^sfKggT^Ps_^s
gRKsR_dSo_^sLFdsg_sgRKs9_jgRs>RKsfj^fKgsfKK\KJs_jgs_LsaYFIK sfSÎKslKsRFJsYKLhsS^sgRKs
\_d^S^PsF^JsRFJs_^YnsGKK^sFS dG_d^KsL_dsFsI_jaYKs_LsR_jdfs-sfFlsLSdfgRF^J sR_lsgRKsgTYgs
_LsgRKsKFdgRsS^slS^gKds\_^gRfsIFjfKJsKFdYnsfj^fKgfsFgs^_dgRKd^sYFgTgjJKfs-sJSJ^gsgRS^Xs
\jIRs\_dKsFG_jgsgRSfsj^gTYslKsfgFdgKJsFsYFdPKsdSPRgsgjd^sGFIXsg_lFdJsgRKsYF^Js\FffKfs
g_sgRKs9_jgRs%fsgRKs^_fKs_LsgRKsWKgsgdFIXKJsgRd_jPRsgRKsgjd^sF^JslKsfgFdgKJsRKFJS^Ps
KFfglFdJ s-sfFlsgRKs\_fgsj^jfjFYsfSPRgs4jgsg RKsdSPRgslS^J_ls-sfFlsg RKsYSPRgsdK\FS^S^Ps
Ld_\sFs fKggT^Psfj^s%saFYKsGYjKsfXnslFfsaFS^gKJslSgRsdKJsdSGG_^fs_LsYSPRgsa_S^gT^Psg_s
lRKdKsgRKsfj^s RFJsWjfgsGKK^s%fs -s Y__XKJs_jgsgRKsYKLhslS^J_lsg_s gRKs 3_dgR s -s fFls Fs
^SPRgsfXn sI_\aYKgKslSgRsfgFdfs -sRFJsfKK^sgRKsfXnsFgsJjfXs\F^nsgT\KfslRSYKs\_j^gFS^s
IYS\GS ^P s F^Js lFfs LF\SYSFds lSgRs gRKs I_^gdFfgs _LsFs JKaFdgT^Ps fj^s F^Js Faad_FIRS^Ps
JFdX^ KffsLd_\sRSPRKdsFYgTgjJKfs-sRFJs^KkKdsfKK^sFsfj^fKgsgRSfsLFds3_dgR sF^JsgRSfsRSPRs
jas -s RFJsg_s Y__XsYKLhsF^JsdSPRgsfKkKdFYsgT\Kfsg_sI_^LSd\slRFgs-slFfsfKKS^Ps*d_\s_jds
FYgTgjJK sSgslFfsgdjYnsJFngT \Ks_^s\nsdSPRgsF^Js^ SPRggT\Ks_^s\nsYKLhs%fslKsI_^gT^jKJs
gRd_jPRsgRKsdSPRgsgjd^sg_sgRKsBKfg s-slFfsfjdadSfKJsg_sfKKs_jds_YJsI_^gdFSYfsfgTYYsaFS^gKJs
FId_ffs gRKs fXns >RKs gl_s gdFIXs aFggKd^s Ld_\s _jds JjFYs KmRFjfgs fXKgIRKJs _jds
aFgRsgRd_jPRsgRKsKkK^S^PsfXns>RKsI_^gdFSYfslKdKs^_sY_^PKdslRSgK sGjgs^_lsKmRSGSgKJs
FsP_YJK^sdKJJSfRsI_Y_ds)FIRsSIKsIdnfgFYsfRFdaYnsdKLYKIgKJsgRKsLSKdnsRjKfs_LsgRKsfKggT ^Ps
fj^s-skSKlKJsgRKsfjGgYKsI_Y_dfs_LsgRKsfXnslSgRsgRKsfSP^FgjdKs_LsgRKs9YKJsFdIS^PsFId_ffs
SgsS^sYS^Kfs_LsdKJ sF^JsdKFYSoKJs-sI_jYJs^KkKdsaR_g_PdF aRsgRSfsfIK^Ks>RKsYFdPKsI_^gdFfgs
_LsYSPRgsF^JsJFdXsl_jYJs \FXKsgRKsfIK^KsS\a_ffSGYKsg_sIFagjdKsF J KbjFgKYns_^s LSY\s
3KkKdgRKY KffsSgsRKYJs\nsFggK^gT_^sj^gTYs_jdsLS^FYsgjd^sg_sgRKs9_jgRs
BKsfaKJsR_\KsS^sfKFdIRs_Ls_jdsgRSdJsdKLjKYS^P sF^JsgRKsfj^sFaaKFdKJsg_sdSfKsFPF S ^ s
Ffsl K sgdFkKYYKJsf_jgRs>RKsfXnsdKgjd^KJsg_s Sgfs^_d\FYsI_Y_ds_LsJKKasGYjKsBKsYKLhsFs
fgdF^PKsF^Js \nfgKdS_jfYnsGKFjgTLjYsFdKFs GKRS^JsF^Js dKgjd^KJs g_s Fs YF^JslRKdKsgRKs
fj^slFfslRKdKsSgsfR_jYJsGKs%LhKdsYF^JS^PslKsRFJs\jIRsg_s JKGdSKLsFG_jgs\SffS_^q
dKYFgKJs\FgKdSFYs 0FgKd s-s\K^gT_^KJsgRKsfSPRgs-sRFJslSg^KffKJsg_sBFYg sF ^ J sL_j^JsR K s
RFJsGKK^sj^FGYKsg_sfKKsS g sGKIFjfKsR K slFfsf_sGjfnsF g sgRKsgT\Ks%fs -s lFYXKJsGFIXsg_s
\ns bjF dgKdf s -s lFgIRKJs gRKs fj^s fKgs L_ds gRKs fKI_^Js gT\Ks gRFgs JFns -gs RFJs GKK^s Fs
\K\_dFGYKsLYSPRgs -YYsFYlFnfsdKIF Y Y sgRFgsaSIgjdKs_LsGKS^PsfjfaK^JKJs GKglKK^s ^SPRgs
F ^ J s JFnslSgRs _jds I_^gdFSYfsKgIRKJs FId_ffs gRKs Ld_oK^s %dIgTIs fXns -gslFfs _^Ks _LsgRKs
\F^nsPSLhfsgRKsF S daYF^KsPFkKsg_s\Ks
%s'8)Bs* - 3 -9,)9s
3KFdYns L_jds nKFdfs FLhKds lKs fgFdgKJs gRKs ad_PdF\ s BFYgs F^Js -s RFJs _jdsLS ^FYs LYSPRgs
g_PKgRKds%gsgRKsgT\K slKsJ S J^gsX^_lsSgsl_jYJsGKs_jdsYFfgsLYSPRgs-gslFfs_^Ks_LsgR_fKs
fFgTfLnS^Ps \SffS_^fs lRKdKs KkKdngRS^Ps l_dXKJs _jgs Ffs aYF^^KJs F^Js gRKs WKgs LYKls
LYFlYKffYns FYYs JFns BKs LYKls F^s _aKdFgT_^FYs f_dgTKs lSgRs Fs G_^jfs Fgs gRKs K^Js %LhKds
I_\aYKgT^PsFs Y_^PsflS^PsgRd_jPRs)jd_aKs_^sFsI_\aYKmsd_jgK slKslKdKs gFfXKJs g_sLYns
S ^ s F^s F S dfR_ls S ^ s )^PYF ^ J s ja_^s _jds dKgjd^s -s LKYgs Fs YSggYKs Y S XKs gRKs 9aSgLSdKs aSY_gs _Ls
nKfgKdJFnslR_sYKLhsg_sJ_sGFggYKslSgRsgRKs K^K\n sdKgjd^KJsj^fIFgRKJ sF^JsJSJsFsLKls
Y_lsaFffKfsL_dsgRKsIRFafsGFIXsFgsgRKsR_\KsLSKYJsGKL_dKsYF^J S^PsBRK^slKsg_aaKJs_LNs
lSgRs gRKs YFfgs gF^XKd s Sgs lFfs Fs P__Js LKKYS^Psg_s X^_lsgRFgs fKkKdFYs gR_jfF^Js aK_aYKs
lKdKslFSgT^Psg_sfKKsjfsdKgjd^sBRK^slKsP_gs_jgs_LsgRKsWKg sgRFgsJFnsS^s )^PYF^J slKs
fR__XsRF^JfsF^Js I_^PdFgjYFgKJs KFIRs_gRKds_^sFs \SffS_^slKYYLY_l^s %YgR_jPRs gRKs
K^JslFfsj^L_dKfKK^ slKsI_jYJ^gsRFkKsFfXKJsL_dsFs GKggKdsLS ^FYKsgRF^sgRFgs
BFYgslK^gsg_sI_\\F^JsF^s 84>'sJKgFIR\ K^g#sSgslFfsF^sKmIKYYK^gs_aa_dgj^SgnsL_ds
RS\s -s _agKJs g_s fgFns Fgs &KFYKsg_sI_^gT^jKsg_s S^fgdjIgsS ^ sgRKs >s F^JsfIRKJjYKsgRKs
dK\F S^S^Ps \_^gRfs _Ls Y_IFYs 98s LYSPRgfs BKs RFJs KmaKdSKÎKJs \jIR s F^Js YSkKJs
\_\K^gfslKsl_jYJsdK\K\GKdsL_dsgRKsdKfgs_Ls_jdsYSkKfs
',%6>)8sAs
XR[9UKXUk5]9KUA]k
&KfSJKfsgRKs98 s&KFYKs%Sds*_dIKs &FfKslFfsR_\Ksg_s@sF^Js>8sFSdIdFLh s /'<7s

gF^XKdf sF ^ J sFsf\F Y Y sI_\aYK\K^gs_Ls>fs>RKs>fsfKdkKJsFfsFsI_\aF^S_^sgdFS^Kds
L_ds &KFYKs aSY_gfs F^Js Fs IRFfKs F S daYF^Ks L_ds gRKs 98s @ s aSY_gf s 98s IdKlfs F ^ J s
gF^XKdsI_aSY_gfsLYKlsgRKs>sS ^ sI_\aF^S_^sgdFS^Kdsd_YKs>RSfsK^FGYKJsgRK\sg_sdK\FS^s
IjddK^gsS^s^SPRgsF^JsS^fgdj\K^gsLYnS^PsS^sFsI_fgKLNKIgTkKsF S dIdFLhs
98sIdKlfsK^W_nKJsgRKs>sGKIFjfKsSgs\KF^gsLYnS^PslSgR_jgsFsfaFIKsfjSg sRFkS^Ps
Fs IF^_anslSgRsFs fKdS_jfskSKl sLYnS^PsS^sFs I_IXaSgslSgRs fS\aYKs S^fgdj\ K^gFgT_^ sF^Js
RFkS^Ps^_sR_fgT Y K sgRdKFgs GKY_ls &KIFjfKsgRKs98slFfs^_gs FGYKsg_s gjd^s gTPRgYns_ds
\F^KjkKdsLdKKYn slKsK^W_nKJsLYnS^PsgRKs>sWjfgsg_s J_sFs Y__a s_dsP_sS^kKdgKJ s_dsg_s
PKgs_jdsJKfSdKsg_s\F^KjkKds_jgs_Ls_jdsfnfgK\fs>RKs>slFfsFsPdKFgsYSggYKsfa_dgfsIFds
_LsFsWKgs-gslFfsLj^sg_sYKgs\ns894sgFXKsgRKsfgTIXsF^JsgdnsRSfsRF^JsFgsLYnS^Ps9SggT^PsS ^ sgRKs
GFIXfKFgs_LsgRKs9YKJslFf^gs\jIRsLj^sL_dsRS\s F^JsFs YSggYKsd_\as S^sgRKsGYjKs S^sFs s
lFfsP__Js\KJSIS^KsBFYgsGKIF\KsP__JslSgRs RSfsLYnS^PsKkK^sgR_jPRsRKsJSJsaKdL_d\sFs
I_jaYKs_Ls\F^KjkKdfsR KdKg_L_dKsj^fKK^s
6%')s',%9)s
%sfKI_^JFdns\SffS_^sL_dsgRKs&KFYKs>s fslFfsg_sFIgsFfsFsIRFfKsF S dIdFLhsL_dsgRKs98s

%SdaYF^Kfs LYnS^PsFs IRFfKs a_fSgT_^s ad_kSJKsFffSfgFÎKs g_s F^_gRKdsFSdIdFLhs RFkS^PsF ^ s
K\ KdPKÎns>RKsIRFfKsaSY_gsIF^sR K Y a sgRKsaSY_gslSgRsgRKsK\KdPKÎnsGnsI__dJS^FgT^Ps
lSgRs%Sds>dFLNUIs'_^gd_YY Kdf s_dsRKYaS^PslSgRs^FkSPFgT_^s>RKs>s I_jYJs_^Ynsad_kSJKs
gRSfsFffSfgFÎKsg_s98fsLYnS^Ps^KFds&KFYKs-^sf_\KsS^fgFÎKfsgRKs>sad_kSJKJskF YjFGYKs
FffSfgFÎKsg_sF ^ s98 sGjgs\_fgs_Lsg RKsgT\KsSgslFfs^KkKdsjfKJsL_dsgRSfs
3KkKdgRKY Kff s f_dgTKfslKdKsaYF^^KJsF^JsLY_l^sg_sadFIgTIKs IRFfS^PsgRKs98 s f_s
lRK^s gRKs ^KKJs Fd_fK s aSY_gfs RFJs KmaKdSKÎKsLYnS^PsFY_^PsfSJKsgRKs F S daYF^Ks>RKfKs
f_dgTKfslKdKsIF YYKJs6FIKs'RFfKs-gslFfsLj^sg_sP_sjasS^sgRK>sF^Js_GfKdkKsgRKs98s
S^s LYSPRgs 3_s\FggKdsR_ls\F^nsgT\Kfs -s LYKlsgRKs98s -s FYlFnfs RFJs Fs fK^fKs_LsFlKs
lRK^s -s IF \ K sjasFY_^PfSJKsSgsS^sFs >s>RKsfSoKs JSLNKdK^gTFY s gRKs JSfgTÎgTkKsF^PjYFds
fRFaK s F^Js gRKslFnsgRKs GSPsWKgsl_jYJs G_jÎKsF^Js LYKms S^s gRKs gjdGjYKÎKs FYlFnfs
IFagjdKJs\nsFggK^gT_^s>RKs9YKJslFfsFYlFnfsGKFjgTLjYsS^sLYSPRgs
< 3$ <2/.152<1<.!< + <
63$.1<+%,2<.63<!1.,< + <%-< < < .-< < $2 <2.13( < %-63 2< +3 1< 3$ < <8%++<).%-<8%3$<
3$ <+ <
2_fgsaSY_gfs dKFJSYnsk_Yj^gKKdKJsL_ds6FIKs'RFfKsf_dgTKfsGKIFjfKsSgslFfsKmISgT^Psg_s
LYnsL_d\FgT_^slSgRsgRKs 0FJnsS ^ s&YFIXs(jdS^Ps\nsKmaKdSKÎKf s-slFfsFYlFnfsF\FoKJsg_s
fKKsR_lsgRKs98sI_jYJsKFfSYns_jgFIIKYKdFgKsgRKs^S\GYKs>s -sRFJsg_sdK\K\GKdsgRFgs
lRK^s gRKs 98s lFfs YSPRglKSPRgs GKIFjfKs _Ls Y_ls LjKY s Sgs FIIKYKdFgKJs KFfSYns BRSYKs
lFYXS^PsFId_ffsGFfK s-sK^W_nKJsY__XS^Psjasg_sfKKsgRKs&YFIXGSdJsFdIS^Ps_kKdRKFJslSgRs
FslRSgKsfK^gT^KYsIY_fKsGKfSJKsRKds
%#$<.7 <3$ <634 1< 634 2< < a $2 2<<$ 7:8 %#$3<+ < 6 +< %2<
%-#<6,/ <3.< 1 6 <+-%-#<8 %#$3<
. a $2 2< +*%1<3$1.6#$< +-%-#<

',%6>)8sA-s
+UkK_[O9ik
-slFfsL_dgj^FgKsK^_jPRsg_sLYnsgRKs&YFIXGSdJsJjdS^PsFsgT\KslRK^sajGYSIsJSfaYFnfs_LsgRKs
F S daYF^Ks lKdKs \_dKs I_\\_âYFIKs gRF^s lKdKs F Y Y_lKJs S^s gRKs KFdYns JFnfs _Ls gRKs
ad_PdF \ s>RKs_^YnsgRS^PslKsK^W_nKJs\_dKsgRF^sLYnS^PsRKdslFfsfR_lS^PsRKds_LNsg_sF ^ s
K^gRjfSFfgTIsId_lJs6K_aYKsF g sF S dfR_lfslKdKsPK^jS^KYnsKmISgKJsg_sfKKsgRKsWKgs- g slFfs
FsaYKFfjdKsg_sgF Y X slSgRsgRK\sF ^ J sgdnsg_sF^flKdsgRKSdsbj KfgT_^fs-s RFJsFggK^JKJs\F^ns
F S dfR_lfs GKL_dKs S^s _gRKds F S daYF^Kf s Gjgs ^_gRS^Ps I_\aFdKJs g_s gRKs FggK^gT_^s gRKs
Id_lJsPFkKsgRKs&YFIXGSdJs)kK^slRK^sgRKs98sJSJ^gsLYnsS^sgRKsfR_l sSgsfKK\KJsg_s
GKsgRKs\FS^sFggdFIgT_^sBRK^sSgslFfsfIRKJjYKJsg_sLYn s^_s_^KsYKLhsj^gTYsSgs RFJsLY_l^s
2_fgs aK_aYKs RFJs ^KkKdsfKK^s gRKs 98s GKL_dK s f_s gRKnslKdKs gRdSYYKJsg_s fKKs Sgs_^s
JSfaYFns F ^ J sg_s gFYXs lSgRs fbjFJd_^s \K\ GKdfs 2 F ^ns lKdKs PK^ jS^KYns S^gKdKfgKJs S ^ s
KkKdngRS^PsFG_jgsgRKs98sF^JsgRKnsKmadKffKJsFaadKISFgT_^sL_dslRFgsl K sJSJsgRFgs
JKKaYnsg_jIRKJsjfs
9_\Ks_LsgRKsGKfgsFSdfR_lfslKsFggK^ JKJslKdKsS^s )^PYF^J#sgRKs&dSgTfRs dKFYYnsX^Kls
R_lsg_sajgs_^sFsfR_ls6YK^gns_LsFSdaYF^KfsLYKlsgRd_jPR_jgsgRKsJFn sF ^ J sFgsgRKsYFdPKds
F S dfR_lfsSgslFfsI_\\_^sL_ds saK_aYKsg_sFggK^JsKFIRsJFns_LsgRKsKkK^gsBRK^s
lKs JSfaYFnKJs gRKs &YFIXGSdJs S^s )^PYF^J s Sgs fKK\KJs Ffs SLsKkKdns _^Ks_LsgRKs s
aK_aYKslF^gKJsg_sfKKsgRKsWKgsjasIY_fKs>RKnslF^gKJsg_sgF Y X sg_sgRKsIdKls\K\GKdfsF ^ J s
RFkKsgRK\sfSP^sgRKSdsad_PdF\fsB K sP_gsldSgKdfsIdF\a sGjgsl K sJ S J^gsI_\aYFS^#sgRKs
aK_aYKslKdKsfjIRsFsW_ns
%IIjdFgKsJFgFs FG_jgsgRKsF S daYF^KslFfsj^FkF SYFGYKsg_sgRKsajGYSIsL_dsf_sY_^P s\F^ns
aK_aYKsLS YYKJs S^s gRKs GYF^XfsgRK\fKYkKfs>RSfs\FJKsL_dsf_\KsK^gKdgF S^S^Ps fKffS_^fs
lRSYKsfgF^JS^PsS^sLd_^gs_LsgRKsWKgs 2F^nsgT\Kfs aK_aYKs lKdKsKFPKdsg_sfR_lsjfsR_ls
\jIRsgRKnsX^KlsFG_jgs_jdsWKgsBKslKdKsS^gKdKfgKJsS^sgRKSdsKfgT\FgKfs_LsgRKs98fs
aKdL_d\FÎK#s_LhK^sgRKnsKmIKKJKJslRFgsgRKsFSdaYF^KslFfsIFaFGYKs_LsJ_S^Ps -\s^_gs
fjdKs gRFgs lKs I_^kSÎKJs f_\Ks _LsgRK\s gRKs 98s JSJs ^_gs P_s S^g_s _dGSgs JjdS^PsSgfs
\SffS_^fs 6K_aYKsX^KlslKsI_jYJ^gsF^flKds\F^ns_LsgRKSdsb jKfgT_^f snKgslRK^sgRKSds
b jKfgT_^fsI_ÎKd^KJsIYFffSLSKJsS^L_d\FgT_^ sgRKnsK^W_nKJs RKFdS^Ps_jdsF^flKd s-\s
f_ddn s lKsIF^gsgF Y X sFG_jgsgRFgs BKs^_gTIKJs gRSfsdKfa_^fKs _LhK^s PK^KdFgKJs \_dKs
faKIjYFgT_^s_^sgRKsg_aSIs)kK^sFfsgRKs\KdSgfs_LsJSLNKdK^gs_jgdFPK_jfsgRK_dSKfslKdKs
JSfIjffKJ s aK_aYKs bjSIXYnsFffjdKJsjfsgRKnsj^J Kdfg__JslKsI_jYJ^gsgFYXsFG_jgsf_\Ks
gRS ^Pf sF^JsgRKnsJSJ^gslF^gsjfsg_sJSkjYPKsF^nsfKIdKgfsg_sgRK\s
<.-< %2/+:< %-<-#+-<$ < 1%32<*- 8<$.8<3.< 3$1.8<-< %12$.8<
9_\KgT\KfsIdKlfsGKIF\KsgTdKJsFLhKdsLSkKs_dsfSmsR_jdfs_Lsbj KfgT_^fs-s RFJsg_s dKfgdF S ^ s

FsYFjPRs_ ^ K sJFnsFfs-sRKFdJsFsl_\F^sFfXsFsfS\aYKsb jKfgT_^sI_ÎKd^S^PsgRKsgTdKf s_^Yns
g_sPKgsgRKsIF^ggF YXFG_jgSgsdKfa_^fKsLd_\s Fs lKFdnsIdKls\K\GKds @ ^L_dgj^FgKYns
L_dsRS\ sgRSfsfgFdgKJs\_dKsLSdKfsgRF^sSgsajgs_jgs%sf\FYYsId_lJslSgRs^KlsgRK_dSKfs_^s
gRKsIYFffSLSKJs^FgjdKs_LsdjGGKd s PFgRKdKJsFd_j^JsgRKsl_\F^sF ^ J sFfXKJs KkK^s \_dKs
b jKfgT_^fs
'd_lJfs K^W_nKJs X^_lS^Psf_\Ks gRS ^PfsFG_jgsgRKs FSdaYF^KsdK\FS^KJsfKIdKg sF ^ J s
gRKnslKdKsaYKFfKJsg_sX^_lsgRFgs^_s_ ^ K sKYfKsR F J sFs aYF^KsYSXKsgRSfs>RKsfR_lfsl K sJ S J s
S ^ sgRKs @ ^SgKJs 9gFgKfs lKdKs ^_gs FfsYFdPKs Ffsf_\Ks _gRKdfsFd_j^Js gRKs l_dYJ s Gjgs ^ _ s
Id_lJs F^nlRKdKsS^sgRKsl_dYJs RFJs\_dKsadSJKsS ^ sgRSfsaYF^Ks%\KdSIF^fskSKlKJsgRKs
F S daYF^Ks Ffs aFdgs _Ls gRKSds RKdSgFPKs -gs dKadKfK^gKJs F Y Y s gRFgs lFfs fgd_^Ps FG_jgs gRKSds
I_j^gdns>RKs98sRFJsdK\F S^KJsj^JKLKFgKJ sj^JS YjgKJ sF^Js^j\GKds_^KsL_ds_kKds
glK^gnsnKFdfs>RKns_LhK^sRFJsKkK^s\_dKsdKPFdJsL_dsgRKsFSdaYF^KsFLhKdsgFYXS^Psg_sIdKls
\K\GKdfs >RKsXSJfslKdKsgRKsPdKFgKfg sgR_jPRs>RKns^_gs_^YnslF^gKJsgRKSdsad_PdF \fs
fSP^KJs Gjgs FYf_s gRKSds RFgfs F^Js >fRS dgfs )kK^s gRKSds RF^Jfs GKIF\Ks fSgKfs L_ds _jds
fSP^FgjdKfs>RKnslKdK^gsgRFgsS ^gKdKfgKJs S ^ sgRKs'_YJsBFd s_dsS^gKYYSPKÎKsPFgRKdS^Ps
aYFgL_d\f s _dsfgKFYgRs JKfSP^s>RKnslF^gKJsg_sX^_lsR_lsLFfgs gRKnsI_jYJsP_sS^sgRFgs
gRS ^P sF^JsI_jYJ^gsgRKnsWjfgsJ_sSgslSgR_jgsgRKsfaFIKsfjSg sF^JsWjfgsR_ls\F^nsIFddSKds
YF^JS^PfsRFkKslKs\FJKslSgRsgRSfsaYF^K sF^nlFn$s
-s dKFYYns K^W_nKJs gFYXS^Ps g_s gRKfKs n_j^Ps aK_aYKs GKIFjfKs gRKns dK\S^JKJs \Ks f_s
\jIRs_Ls\nfKYLslRK^s -slFfsgRKSdsFPKs-s dK\K\GKdsS ^faKIgT^PsWKgfsFgsF S dfR_lfsS^s gRKs
f sgdnS^Psg_s j^JKdfgF ^ J slRnsgRKnsJSJ^gsY__XsKmFIgYnsY S XKsgRKSdsaYFfgTIsY S XK^KffKfs
-s RFJs dKIK^gYnsGjSYgs9_\KlRKdKsGKglKK^slFgIRS^PsgRKs &YjKs%^PKYfsS^sgRKSds* f s
F ^ J sYSfgK^S^Psg_sgRKsLjdS_jfsR_lYs _LsF^s * s-s GKIF\KsL_dKkKdsR__XKJs_^sWKgfs 2ns
GSInIYK sS^sfaSdSg sIRF^PKJsS^g_sKkKdngRS^PsLd_\sgRKs9FGdKs.Kgsg_sgRKsCs -gslFfs^_gs
j^jfjFYsL_ds\ K sg_sgRS^XsKkKdn_^KsX^KlslRFgsgRKnslF^gKJsg_sJ_sS ^ sYSLKsGnsgRKsFPKs_Ls
^S^Ks-sfFlsgRSfsfF \ K sY__Xs_^sf_\Ks_LsgRKsn_j^PsXSJfslR_sPFgRKdKJsFd_j^Js_jdsW Kgs-s
I_jYJsgKYYsGnsgRKSdsb jKfgT_^fsgRFgsf_\Ks_LsgRK\slKdKsdKFJn sF ^ J sf_\KlRKdKsS^s gRFgs
Pd_jasfg__JsFsLjgjdKsFkSFg_ds
>RKs98slFfsFsPdKFgsFSdfR_lsFSdaYF^KsGKIFjfKsSgslFfsFYYsgRKsgRS^PfsaK_aYKsY_kKJs
g_sfKKs -gslFfsLFfg s Y_jJ sF ^ J sGKFjgTLjYs S^sFs ajda_fKLjYslFns 2nsLSPRgKdsaSY_gsLdSK^Jfs
LdKbjK^gYnsRFdFffKJs\KsGKIFjfKs\nsF S dIdFLhsIFddSKJs^_sPj^ sRFJs_^Ksg__s\F^nsfKFgfs
F ^ J sI_jYJ^gs\F^ KjkKds>RKfKslKdKsgRKsfF \ K s_GWKIgT_^fs-sRFJslRK^s-sGjSYgsgRKs98s
\_JKYs Ffs Fs XSJs -s IRF^PKJs \ns _aS^S_^s FG_jgs gRKs FSdaYF^K s F^Js gRKns l_jYJs g__s
@fjFYYnsgRKs fF \ K sPjnfsIF\KsGFIXs YFgKdsF^JslF^gKJsgRKSds_l^s aKdf_^FYsg_jds_LsgRKs
WKgs
-1 82< < a 8$ 1 < 3$ < 63$.1< .-< + !5< -).:2< $%2<!&123< ,).1< %12$.8< -<
!.1 7 1< +.2 2<$%2<$ 13< 3.< 3$ <) 32<
ZP@J>a2 @ PS?L\Sa 6P9\aI9I59PSaS@>J98a NPL>P2ISa2 E E a82â ELJ>a
1?9P9[9Pa\9a\9JVaV?9a-, a8 P9\a 2a 6PL\8a

*YnS^PsgRKs98s S^sLc_^gs_LsgR_jeF^Jes_Ls`K_`YKslFesFsHRFY YK^PKs=RKsVKg s_LsH_jceK s
lFe^gs JKeSP^KJs L_cs RKFkns \F^KjkKcS^Ps Fgs Y_ls FYgTgjJKs =RSes \FggKcKJs YSggYK s
R_lKkKc sGKHFjeKsgRKseS\` YKegs\F^ KjkKces S^sgRSesFSc`YF^KslKcKsejcKsg_s`YKFeKsF^ns
Hc_lJs .jegsMZnS^Ps egcFSPRgs F^Js YKkKYs F^Js YSPRgT^PsgRKs FLhKcGjc^Kces ^KkKcsLFSYKJsg_s
KmHSgKs gRKs `K_` Y K s lFgHRS^Ps =RKs `SY_ges \FS^s `c_GYK\s lFes R_YJS^Ps J_l^s gRKs
F S ce`KKJse_sRKsH_j Y J sgjc^sFc_j^JsbjSHXYnsL_csgRKs^ Kmgs`Fees%sLKlseS\`YKs`FeeKesgRFgs
YFegKJs_^YnsFsLKls\ S ^jgKes cKbjScKJsS\\KêKs`RneSHFYs KmKcgT_^sLc_\sgRKs`SY_gs=RSes
lFes_^Ks_LsgRKsLKlsgT\KesgRKsGFHXeKFgKcsRFJs^_gRS^Psg_sJ_s%LhKcsLcKbjK^gYnsgKY YS^Ps
BFYgsFG_jgsgRKskSKlsRKslFes\SeeS^PslRSYKslKslKcKsFgsFYgTgjJKsRKsLS^FYYnsP_gsGFHXsFgs
\ K sJjcS^PsF^sFSceR_lsGnsJKeHcSGS^PslRFgsFseSPRgsgRKsYFcPKsHc_lJslFes 1KF^lRSYK s-s
lFes S^gK^gYnsH_^HK^gcFgT^Ps_^s F Y SP^S^PsgRKsFScHcFLhsL_cs gRKs^ Kmgs `FeesF^JslFgHRS^Ps
gRKsF S ce`KKJsS^JSHFg_cs
=RKs 98es \_egs `_`jYFcsF S ceR_ls JK\_êgcFgT_^s lFesMZnS^PsgRKsVKgsgRc_jPRs Fs
\F^KjkKcs lKs ^_c\FYYns `cFHgTHKJs S ^ s gcF S^S^Ps g_s PFS^s Km`KcSK^HKs MZnS^Ps lSgRs _^Ks
K^PS^KsBKsHFYYKJsgRSes\F^KjkKcsFs eS\jYFgKJseS^PYKsK^PS^KsP_F c_j^Js 4^KsK^PS^Ks
cK\FS^KJs S^s SJYKsF^JsgRKs_gRKcslFes`jeRKJs j`sg_sLjYYsFLhKcGjc^Kcs &KHFjeKs_LsgRKs
gRcjegs JSLNKcK^gTFY s gRKs F S cHcFLhs l_jYJs nFlsPcKFgYn s `jggT^Ps gRKs F S cHcFLhs S^s Fs eYSPRgs
GF^Xs-gslFes`KcLKHgsL_cseR_le"sSgslFesY_jJsF ^ J sgRKsYFcPKsJ KMZKHgT_^s_LsgRKscjJJKcsF ^ J s
eYSPRgsGF^XsF J J K J sMZFScs 9S^HKsgRKslRKKYes lKcKs J_l^s F^Js_^Yns_ ^ K sGjc^Kcs lFes YSg s
e`KKJeslKcKsKFeSKcsg_sXKK`sj^JKcsH_^gc_Ys
%SceR_lsHc_lJescKFHgT_êskFcSKJslRSYKslFgHRS^PsgRKsJSLNKcK^gsF S c`YF^KesMZnsgRKScs
JK\_êgcFgT_ês )kKcn_^Ks Y_kKJs lFgHRS^Ps gRKs RSPRYns \F^KjkKcFGYKs *es =RKs
B_cYJs BFcs --s 9`SgLScKes F^Js 1jegF^Pes lKcKseK^gT\K^gFYsLFk_cSgKes =RKs 8KJs %cc_les
L_c\FgT_^s_Ls^S^KsVKgeslSgRsH_Y_cKJse\_XKsKk_XKJs__ResF^JsFFRes=RKs98sgR_jPR s
KYSHSgKJsFs PFoKs_Lsl_^JKcsLc_\sgRKsHc_lJsgRFgslFesJSLNKcK^gsgRF^sgR_eKsHFjeKJsGns
F^ns_gRKcsF S c`YF^Ks%esgRKs9YKJs`FeeKJs_kKcRKFJ sgRKsHc_lJsl_jYJs egFcKscKkKcK^gYns
FgsgRKsVKgsF^JsYSegK^sS^sFlKsFesgRKsj^\SegFXFGYKse_j^Js_LsL jYYsFLhKcGjc^Kcsl_jYJsKHR_s
FHc_eesgRKsF S cLSKYJsF ^ J sGFHXs
%gsgRKs (Fng_^s %Scs *FSc s BFYgs F^Js -s L_j^Js _jceKYkKes MZnS^PsgRKs 98s JK`FcgjcKs
eR_ls %es lKslFYXKJsS^g_sgRKsc__\s _jcs69(sL_YXeslKcKsjeS^PsL_csejSgj`slKsL_j^Js
_jceKYkKesejcc_j^JKJs GnsglK^gnsg_sgRScgns^Kle`F`Kcs F^JsgKYKkSeS_^scK`_cgKces BKs
RFJsg_sYFjPRsg_s_jceKYkKesFeslKseFgsgRKcKsS^s_jcsY_^PV_RêsGKS^PsS^gKckSKlKJsL_csgRKs
KkK^]Ps^Kles
BKsMZKlsFsH_j`YKs_Ls`FeeKesL_csgRKsHc_lJsF^JslKcKsFG_jgsg_sRKFJsL_csR_\K slRK^s
BFYgscKHKSkKJsFsHFYYsLc_\sgRKsg_lKcsFgs^KFcGnsBcSPRg6FggKce_^s%Scs*_cHKs&FeKs=RKns
FeXKJs SLslKsH_jYJs \FXKsFs `Fees GnsgRKs%Scs *_cHKs 1jeKj\s Y_HFgKJs FHc_ees gRKs \FS^s
GFeKs 3_s_^KsFgsgRKs\jeKj\sX^KlslKslKcKse_sg RKcKs\jegsRFkKsGKK^se_\KsegFcgYKJs
-, a SLZ[9J@PSa \9P9a NLNZE2Pa 2PLZJ8a V?9a \LPE8a .?@Sa
6LEE96VALJa\2Sa2Sa>LL8a 2Sa2Jâa ?28aS99Ja
Va @Sa2Va2 @ PS?L\SaV?2Va;ZVZP9a;@>?V9Pa N@ELVSa2P9a5LPJa.?@Sa

E@VWE9a >Zâ ?28a 2 E E aV?9a 92PI2 PDSa &LV9a;9PL6@LZSa EL>La LJa
62Na SVÊ @S?a 9^9a NPLV96VALJa 6LINE9V9a \@V?a C9Va 5E2SVa
P9SVP2@JVa 89[@69a I92J@J>;ZEa S@_98a 6LI52Va \2V6?a
6E9J6?98a ;@SVa ;LPa 9;<96Va V2 E E a 6LLEa P9;P9S?I9JVa S9P@LZSa
2 @ PS?L\a .S?@PVa 2J8a V?9a 89;@J@V9a ELLDa L;a SLI9LJ9a
;LPIZE2VAJ>a2a V26VA6aVLa892Ea\@V?aLJ9aP98a PLN9a
L_YXfs_^sgRKsPd_j^JsFfslKsgRj^JKdKJsGnsgRKs\FS^sK^gdFÎKsg_sgRKs\jfKj\s%fs lKs
d_IXKgKJs jalFdJs S ^ sfKFdIRs _Ls_jdsgF^XKd s_jdsdFJS_sI_^gT^jKJsg_s IdFIXYKslSgRs gRKs
KmISgKJs gRF^Xfs _Ls gRKs g_lKds BKs LS^FYYns RFJs g_s FfXs RS\s g_s YKFkKs _jds LdKbjKÎns
GKIFjfKslKs^KKJKJsSgsL_dsgRKsGjfS^KffsFgsRF^J sGjgsRKs\FJKs_jdsJFns
>,)s8%8)s9,4Bs
3_d\FYYn slKsYF^JKJsgRKs9YKJsFgsgRKsfF\KsLSKYJsLd_\slRSIRslKsg__Xs_LNs BKsYF^JKJs

FlFns_^YnslRK^sgRKsF S daYF^KsRFJsFs fKdS_jfsad_GYK\s_dsSLsgRKslKFgRKdsFgsgRKsR_\Ks
GFfKslKdKs GFJs K^_jPRsg_sadKkK^gsFs fFLKs YF^J S^Ps BRK^s gRKsWKgs P_gs fSIX s _jdsgFfXs
GKIF\KsPKggT^PsgRKsaYF^KsJ_l^sfFLKYnsFfsf__^s Ffsa_ffSGYKs0F^JS^PsFlFnslFfsFs GSPs
JKFYsg_sKkKdn_^K sLd_\sgRKsaK_aYKslR_sjfKJsgRKsLS Y \ slKsGd_jPRgsGFIX sg_sgRKsaK_aYKs
lR_s\FS^gFS^KJsgRKsF S daYF^KsBK sS^sgjd^ sJKaK^JKJs_^s_jdsfjaa_dgsaK_aYKsg_sRKYas
jfsgFmSsS ^ sF^JsfRjgsJ_l^ sg_sajfRsgRKsfgF^Jfsg_sgRKsF S daYF^K sF^JsRKYasjfsj^fgdFasF^Js
IYS\Gs_jgsBKs^KKJKJs RKYasPKggT^Ps_jgs_LsgRKsfaFIKsfjSg sF^JsKkK^sgRKsIY_gRKfslKs
IRF^PKJs S^g_sRj^PsS^s Y_IXKdfsFgsgRKs 69(sGjSYJS^PsGFIXsFgs &KFYKs 3KFdYnsKkKdnsIdKls
RFJsFgsYKFfgs_^KsKmaKdSKÎKsYF^JS^PsFlFnsF^JsKFIRs_^KslFfsF^sFJkK^gjdKsBFYgsF ^ J s
-s YF^JKJsFlFns_^Yns_ ^ K sgT\K sGjgsgRKsKkK^gfs_LsgR_fKsLKlsJFnfslKdKsgnaSIFYs_ L slRFgs
_gRKdsIdKlfsKÎ_j^gKdKJs
BKs RFJs GKK^s jasfSÎKs_^Ks S^sgRKs \_d^S^Psg_sadKaFdKsL_dsF^s KFdYnsgFXK_LNsLd_\s
&KFYKsg_s Fs gFdPKgs FdKFs S ^ sgRKs 'FdSGGKF^s BKs RFJsLY_l^s ^KFdYns RF YLlFns FId_ffs gRKs
@ ^SgKJs9gFgKfslRK^s -s dKFYSoKJslKslKdKsY_fS^Ps_SYs adKffjdKs_^sgRKsdSPRgsK^PS^KsBKs
lKdKs fgTYYs IYS\GS^PsFgs s X^_gfs F ^ J s RFJs ^_gsLS^SfRKJs _jdsFIIKYsg_s FYgTgjJKs BFYgs
bjSIXYnsYSfgKJsgRKsLSKYJfsfjSgFGYKsL_dsYF^JS^PsFY_^Ps_jdsd_jgKs>RKfKslKdKs^_gsLSKYJfs
GKY_ls jf#s S^fgKFJs gRKns lKdKs s g_s s \SYKfs S^s Ld_^gs _Ls jfs >RSfs JSfgFÎKs lFfs
^KKJKJs g_s fY_ls gRKsWKgs F^Js JKfIK^Js GKL_dKslKs I_jYJs LYns _jds LS^FYs Faad_FIRs g_s Fs
YF^JS^PsFgsgRKsIR_fK^sJSkKdgsGFfKs6KgKdf_^s *SKYJsS ^ s'_Y_dFJ_slFfs_jdsJKfgT^FgT_^s-gs
lFfsFs W_S^gs jfKs LSKYJ s \KF^S^PsgRFgs S^s FJJSgT_^s g_s GKS^PsF ^ s%Sds *_dIKs &FfK s Sgs FYf_s
fKdkKJsFfs\j^SISaFYsF S da_dgsL_ds'_Y_dFJ_s9adS^Pfs
2_fgsaK_aYKsRFJs^KkKdsfKK^sF^s 98sj^YKffsgRKnsRFJsFggK^JKJsF^sFSdfR_lslSgRs
_^Ks_^sJSfaYFns &nsgRKsKmISgKJs dKfa_^fKslKsdKIKSkKJsLd_\sgRKsF S d sgdFLNUIsI_^gd_YYKdfs
F ^ J sF S da_dgs aKdf_^^KY s lKs LKYgs Ffs SLs lKs lKdKs Fgs F^s F S dfR_ls S^fgKFJs _Ls RFkS^Ps F ^ s
K\ KdPKÎns>RKsg_lKdsPFkKsj f sadS_dSgnsg_sYF^Js>RKsI_^gd_YYKdsg_YJsFs @ ^SgKJsLYSPRgsSgfs
gFXK_LNsIYKFdFÎKslFfsIFÎKYYKJsF^JsSgs\jfgsR_YJsL_dsjfs -^s \nsK^gTdKs\SY SgFdnsLYnS^Ps
IFdKKd sgRSfslFfsgRKsLSdfgsgT\KsgRSfsRFJs KkKdsRFaaK^KJs>RKs9YKJsaKdL_d\KJsGdFkKYns
F ^ J slKsYF^JKJslSgR_jgsSÎSJK^gs
Ja9]6@V98a 6PL\8a\2V6?9Sa6P9\aNP9N2P98aVLa;FâV?9a S?L\SVLNN9Pa
.?9a S@IZE2V98a S@J>E9a 9J>@J9a N2SSà 2a 6PL\8a ;2[LP@V9a 2Va 2 @ PS?L\Sa $2P>9a PZ889Pa 89;F96VALJa \2Sa
J969SS2Pâ\@V?a LJ9a9J>@J9a@Ja @8E9a2J8aLJ9a @Ja;ZEEa2;W9P5ZPJ9Pa
%s MZjccns _Ls KmHSgK\K^gs PcKKgKJs jes _^s gRKs Pc_j^Js )kKcns FPK^Hns lSgRs Fs cFJS_s
lF^gKJsg_sSeejKs-êgcjHgT_ês_cscKbjKegs_jcsS^gK^gT_êsL_csFs\_\K^gs-sLKYgsYSXKs-slFes
S^sH_\`YKgKsH_^gc_Ys_LsgRKsF S c`_cgs -Ls-s RFJsFeXKJsg_sgFmSsg_sgRKs ?^SgKJsgKc\ S^FYsF ^ J s
RFkKsg R K s1FcS^Ks&F^Js`YFnS^PsL_csje se_\K_^Ksl_jYJsRFkKs\ F J K sS g sRF``K^s-sLS^FYYns
g_YJs KkKcn_^Ksg_s HYKFcsgRKsLcKbjK^HnsF^Js S^L_c\KJs gRK\s lKs l_jYJs `FcXs_^sgRKs
\ S YSgFcns cF \`s -s S^bjScKJs SLsgRKcKslKcKsF^nsK\`gns RF^PFce s _cs_^KesgRFgsH_j Y J sGKs
K\`gTKJs S\\ KJSFgKYns =RKcKslKcK^gs BKsK^JKJsj ` s`FcXS^Ps_^sgRKsLFcs K^Js_LsgRKs
cF\` s\jHRs YSXKsFs ^_c\FYs \SYSgFcnsgcFêSK^gsF S cHcFLhs%es -s gTKJsg_s_jcs`FcXS^PsFcKF s -s
^_gTHKJsFsHc_lJsPFgRKcS^PsFY_^PsgRKsc_FJs^KFcsgRKscF\`s
(jcS^Psg cFS^S^P slKsRFJsGKK^sgR_c_jPRYnsGcSKLKJs_^slRFgsFHgT_êsg_sgFXKsSLslKsRFJs
g_seRjgs J_l^s gRKs K^PS^KeslSgR_jgsgRKsFeeSegF^HKs _LsPc_j^Js`Kce_^^KYs 3_lsgRFgs
gT\KslFesRKcK sF^JslKsLKYgsFs YSggYKs^FXKJslSgR_jgsgRKs^_c\FYsFeeSegF^HKs_Ls69(sF ^ J s
\FS^gK^F^HKse`KHSFYSeges =RKsYF^JS^PsFlFns`c_HKJjcKscKbjScKJsg R K s894sg_s jêgcF`s
RS\eKYL sF ^ J slSgRsgRKsK^PS^KesegT Y Y scj^^S^P sHYS\Gs_jgs_LsgRKsF S cHcFLhs ,Ksl_jYJseYSJKs
J_l^s gRKseSJKs _LsgRKs `YF^Ks F^Js Y_HFgKs gRKs YF^JS^PsPKFcs eFLKgns `Sê slRSHRs lKcKs
eg_cKJs S^s F^s _jgKcsH_\`Fcg\K^gs_LsgRKs FSc`YF^Ks=RKs `c_HKJjcKs_LsSêKcgT^PsgRK\s
S^g_sg RKsYF^JS^PsPKFcs`cKkK^gKJsS^FJkKcgK^gscKgcFHgT_^s_Lsg RKslRKKYes_^sgRKsPc_j ^Js
%LhKcsH_\`Y KgT^PsgRSesegK` sgRKs894seSP^F YKJsgRKs`SY_gsg_seRjgsJ_l^sgRKsK^PS^Ke sF^Js
\_^Sg_cKJsLjKYskK^gT^PsFesgRKsK^PS^Kes e`__YKJs J_l^s (jcS^PsgRSeseKcSKes_LsKkK^ges
`KcL_c\KJsGnsgRKs894 sgRKs`SY_gseFgsS^sgRKsH_HX`SgslSgRs RSesLKKgs_^sgRKsGcFXKes -slFes
PYFJs-slFesgRKs`SY_gs
BFYgs JSJs Fs \FegKcLjYsV_Gs _LsY_HFgT^PsF ^ J sJSeH_^^KHgT^PsF Y Y sgRKsegcFès F^Js R_eKes
R_YJS^Ps RS\s S^s gRKs F S c`YF^Ks BRSYKs RKs HFcKLjYYns eg_lKJs eKHcKgs \FgKcSFYes S^s gRKs
GFHXeKFg s-s^_gTHKJsgRKsHc_lJsegF^JS^PsFsLKlsRj^J cKJsLKKgsFlFn sRFJsPc_l^sS^seSoKs
=RKseF\KsY__Xs_Lsl_^JKcs-s RFJseKK^sFgsFSceR_lesF``KFcKJs_^sgRKScsLFHKesBFYgsg_YJs
\KsRKslFescKFJnsg_sHYS\Gs_jgs_Lsg RKsF S c`YF^K sF ^ J s-sgR_jPRgsR_lsgRSes\F^KjkKcslFes
P_S^Psg_sJFooYKsgRKsHc_lJs9jcKsK^_jPR sgRKs`K_`YKsegFcKJsS^sl_^JKcsFesFse`FHKs\F^s
`_``KJs _jgs _LsgRKs GFHXe KFg s eYSJs J_l^s gRKs HjckKJs LjeKYFPK s F^Js lFYXKJs Fc_j^Js
j^JKc^KFgRs gRKs VKgs 1F^ns RFJs gRKs JSegT^Hgs Y__Xs _Ls `K_`YKs lSg^KeeS^Ps F ^ s FYSK^s
YF^JS^Ps
4^HKs -s RFJs eRjgs J_l^s gRKs `YF^KsF^Js KmgcFHgKJs \neKYOs -s ^_gTHKJs Fs GYjKsegFLNs HFcs
F``c_FHRS^Ps=RKsGFeKs`Kce_^^KYsRKY`KJsjeslSgRs_jcsj^jejFYscKbj Keges9KHjcSgns`_YSHKs
lKcKsJSe`FgHRKJsg_sPjFcJsgRKsVKgsFc_j^JsgRKsHY_HXsBKseg_cKJs_jcsHYFeeSLSKJs\FgKcSFYes
S^sF^sF``c_`cSFgKsLFHSYSgns%^sFSc\F^slFeseK^gsg_s9j``Ynsg_s`SHXsj`sMZSPRgsejSgesL_csjesg_s
lKFcsBSgRsSêgcjHgT_êsLc_\sje sGFeKs_`KcFgT_ês`K_`YKsRKY`KJsjescK\_kKs_jcse`FHKs
ejSges&KL_cKslKsH_jYJsKkK^s`jgs_^s_jcs^KlsHY_gRKe sFs9KcPKF^gslF^gKJsg_sX^_lslRK^s

R K sH_jYJsgFXKsRSes`K_`YKsS ^ sgRKslKFgRKcsLFHSYSgns_jgsg_sgRKsVKgsL_csFsg_jcs=RKscKbjKeges
H_^gT^jKJsL_csgl_s JFnes %^s K^gTcKs\FS^gK^F^HKsgKF\sFccSkKJsLc_\s &KF YKsg_s cK`FScs
_jcs`YF^KsBKslKcKsPYFJsg_seKKsgRK\sFccSkK"sgRKScsF ` `KFcF^HKslFesgRKsLScegsGcKFXslKs
RFJsLc_\slFYXS^PsGFeKs_LNSHSFYesFc_j^JsgRKsVKgsBKsK^V_nKJsPSkS^Psg_jcesgR_jPR sF^Js
lKcKs_^Ynse_ccnslKsRFJsg_seR_lsgRK\sFs Gc_XK^s `YF^Ks=RSes JSJ^gseKK\sg_sG_gRKcs
gRK\sFgsF Y Y s
BFYgsF ^ J s-sJSJ^gsX^_ls_ j c sgFXK_LNsgT\Ksj^gTYs\FS^gK^F^HKsPFkKsjesg R K sl_cJ sGjgs
e_\KR_ls KkKcn_^Ks_^s GFeKs X^Kls =RKnslKcKsgRKcKs FY_^PsgRKs c_FJ s _^s gRKs PcFee s
F ^ J s_^sgRKsg_ès _LsGjSYJS^Pes -s gRS^XsRFYLsgRKs`K_`YKsFgsgRKs ?^SgKJs gKc\S^FYslKcKs
lFgHRS^Psg__s =RKs `K_`YKs Fgs 6KgKce_^s *SKYJs F^Js '_Y_cFJ_s9`cS^Pes RFJsgcKFgKJs jes
c_nFYYn s F^Js -s X^KlsgRKnsl_jYJs K^V_nseKKS^PsFs MZnGn s Gjgs_jcsegF^JFcJs JK`FcgjcKs
`c_HKJjcKslFeseS\`YnsgFXS^Ps_LNsF ^ J sHYS\GS^PsFlFnsbjSHXYnsBFYgsF ^ J s-sgFYXKJsSgs_kKcs
GKL_cKsejSgT^Psj`sBKsgR_jPRgsSgs\SPRgsGKsFsP__JsSJKFsg_sHRKHXsgRFgsJFc^s_SYsenegK\s
lSgRsFs H_j`YKs`FeeKesFHc_eesgRKsLSKYJ sS ^ sHFeKsSgslK^gsGFJsFPFS^s ,KHX sVjegsg_s \FXKs
ejcK sgRKse\FcgsgRS^Psl_jYJsGKsYSPRgT^PsgRKsFLhKcGjc^KceslRSYKsegTYYs FgsY_lsFYgTgjJK s
F ^ J sP_S^Psg_s \FmS\j\sgRcjegsJjcS^PsFs egKK`sHYS\Gs BSgRsgRSes `YF^ s lKJsX^_lsL_cs
ejcKsgRKsenegK\s lFesLSmKJs
4^s gRFgs GKF jgTLjYs FLhKc^__^s S^s '_Y_cFJ_ s e_s \F^ns `K_`YKslKcKs gRcSYYKJs lSgRs Fs
eS\`YKs_SYsenegK\sHR KHX_jgs`Fees

',%6>)8sA--s
5IAk $AF9;ik
9_\KgT\Kfs ^_^LYnKdfs IF^gs j^JKdfgF^Js gRKs FLNKIgT_^s aSY_gfs LKKYs L_ds gRKSds aYF^Kfs
)kKdngR S^PslKsLKKYsFG_jgsgRKs\FIRS^K slKsF Y dKFJnsRFkKslSgRS^s_jdfKYkKfsBKsGdS^Ps
gRKsJdKF\f sgRKsW_n sF ^ J sgRKsYSLKsg_sgRKsaYF^KslRK^slKsK^gKdsgRKsI_IXaSgsBKsYKFd^s
g_sLKKYsFfsSLslKsFdKs_^KslSgRsgRKs\FIRS^K sF ^ J sSgsGKI_\KfsF^sKmgK^fS_^s_Ls_jdfKYkKfs
&KIFjfKs gRKs FSdaYF^KsR_YJfs_jds \_dgFYSgns S^s Sgfs RF^Jf s lKs Y_kKs SgsL_dsdKgjd^S^Ps jfs
fFLKYns>RKfKsLKKYS^PfsF ^ J sgRKsI_\\_^sKmaKdSKÎKslKsfRFdKslSgRsgRKsF S daYF^Ks\FXKs
Sgfs dKgT dK\K^gs JSLNUIjYg s ^_s \FggKds lRFgs FSdaYF^Ks Sfs dKgT dS^Ps _dslRFgs ^Kls KmISgT ^Ps
F S daYF^KsSfsdKaYFIS^PsSgs
-s RFkKslFgIRKJs%Sds 3FgT_^FYs+ jFdJsaS Y_gfsgFXKs_YJs 'K^gjdns9KdSKfsLSPRgKdfsFId_ffs
gRKsI_j^gdnsg_sgRKsG_^KnFdJsFgs(FkSf2_^gRF^s%Sds*_dIKs&FfKs S ^ s%dSo_^Fs>RKdK s_^s
gRKsJKfKdgsLY__ds^KFdsgRKsFSdsGFfK sgRKnsFdKsfg_dKJsS ^ sFsJdnsK^kSd_^\K^gsgRFgsSfsXS^Js
g_sgRKfKs\KgFYs\FIRS^Kfs>RKns\FnsGKsjfKJsL_dsfaFdKsaFdgfs_dsdKfjddKIgKJsYFgKdsFfs
Jd_^ Kf s Gjgs\_fgYnsgRKnsWjfgsfSgsS ^ sfgdFSPRgs d_lfs S^s gRKs JKfKdgs 9_\KgT\Kfs RFkS^Ps
fg_aaKJsFgsF ^ sF S dGFfKs_^sFs Id_ffI_j^gdnsgdSa s -s aFdXKJs ^Kmgsg_s _YJs aYF^Kfs -s X^Kls
lKdKs_^sgRKSdslFnsg_s(FkSf2_^gRF^s0SXKs\K sgRKnsRFJsfg_aaKJsL_dsLjKYs_^sgRKSdsgdSas
FId_ffs gRKs I_j^gdns >RKSds LFJKJs aFS^gs lFfs Fs IYjKs _Ls gRKSds S\\S^K^gs dKgT dK\K^gs
%^_gRKdsgT\Ks-sfg__JsFgs(FkSfs2_^gRF^s &FfKs4aKdFgT_^fsF^JslFgIRKJsFsaSY_gs_^sgRSfs
XS^Js_LsLKddns \SffS_^s YF^Js RSfslFdR_dfKs_^s Fs R_gsF^Js lS^JnsFLhKd^__^s ,KsfY_lYns
gFmSKJsg_sgRKsdF\a slRKdKsRKsfRjgsgRKsK^PS^KfsJ_l^sL_dsgRKsYFfgsgT\KsBSgRsfFJ^Kffs
F ^ J sdKkKdKÎK sRKsfF S J sFsLS^FYsP__JGnKsS^sRSfs_l^slFnsF^JsbjSKgYnsYKLhsgRKsRFdJK^KJs
kKgKdF^s g_s FlFSgs Sgfs g_ls g_s gRKs G_^KnFdJs 0SXKsFs \KgFYs PR_fgs Ld_\s gRKs aFfg s gRKs
F S daYF^KsfFgsFY_^Ks S^sgRKsbjSKgs KkK^S^Psfj^YSPRgs -^s SgfsLdF\Ks_LsfgKKYs F^JslSdS^P s Sgs
RKYJs j^g_YJs fg_dSKfs _LsgKddSLnS^Ps \_\K^gfs F^Js _gRKds \K\_dSKfs _LsflKKgs kSIg_dns
)FIRsWKgs-sfFlsg_lKJsg_sSgfsLS^FYsJKfKdgsaFdXS^Psfa_gsY__XKJsad_jJs>RKdK sd_lsja_^s
d_ls_LsFSdLdF\KfsfSgsYSXKsfSYK^gsfK^gT^KYfs%sRFdfRsfj^sJjYYfsgRKSdsLS^SfRsF ^ J slKFgRKdfs
gRKSds -^fSP^SFs BFgIRS^Ps F^s FSdaYF^Ks dKgTdKs Sfs Ffsa_SP^F^gs FfsfFnS^PsP__JGnKs g_sFs
LdSK^Js-sX^_ls-slSYYs^KkKdsfKKsFPFS^s
)kK^sgR_jPRslKsX^KlsgRKsK ^Js_ Lsg RKs98sad_PdF\slFfsI_\S^P sSgslFfs^_sYKffsfFJs
YSkS^Ps gRd_jPRs gRFgsgT\Ks lRK^s Sgs LS^FYYns FddSkKJs>RKs dKFf_^fsL_dsdKgT dS^PsgRKs 98s
lKdKs\F^ns-gslFfsg__s KmaK^fSkKsg_s_aKdFgKs9FgKYYSgKfsI_jYJsJ_sgRKsW_Gs>RKsF S dIdFLhs
lFfsPKggT ^Ps_YJsF^Js^KlKdsaYF^KfslKdKsP_S^Psg_s GKsg_s dKaYFIKsSgs>RKsYSfgs_LsdKFf_^fs
lK^gs_^sBKslR_sRFJsLY_l^sRKd sX^KlsfRKslFfsLFdsLd_\sdKFJnsg_sYKFkKsBKsFYf_sX^Kls
gRKs ad_PdF\s I_jYJ^gs YFfgs L_dKkKds >R_jPRs Fs LKls aK_aYKs L_jPRgs g_s XKKas RKd s g__s
\F^ns_gRKdfsj^J Kdfg__JsYSggYKsFG_jgsRKdsIFaFGSYSgTKfs
S ^ s s gRKs JdFls J_l^s _Ls gRKs ad_PdF\s GKPF^s S ^ s KFd^ Kfg s F ^ J s FSdIdFLhs lKdKs
FffSP^KJs L_ds LS^FYs JSfa_fSgT_^s -^fgKFJs _LsgRKs fIdFas RKFa s lKslKdKs RFaansg_s YKFd^s
\_fgs_LsgRKsF S daYF^Kfsl_jYJsdKfgsS^gFIg s S^sF S d s\jfKj\fsFId_ffsgRKsI_j^gdns-gslFfsFs
fFJsgT\KsFgs &KFYK slFgIRS^PsgRKsfbjFJd_^s_LsWKgfs fY_lYnsJKaYKgKs 4^KsGns_^K sgRKns
\FJKs gRKSdsLS^FYs gFXK_LNsLd_\s gRKs dj^lFns gRKns X^Klsf_s lKYY s g_s K^W_ns gRKSdsLS^FYs
LYSPRgs
-s lFfsFs fIRKJjYKds JjdS^PsgRSfs gT\Ks F^Js I__dJS^FgKJs gRKs JKY SkKdnsfIRKJjYKs lSgRs
f_\Ks _LsgRKs dKIKSkS^Ps FPKÎSKfs >RKs aK_aYKs -s fa_XKsg_s lKdKs KFPKdsg_sdKIKSkKs gRSfs
FJJSgT_^s g_s gRKSds I_YYKIgT_^s _Ls JSfaYFns F S dIdFLhs -s I_jYJ^gs fRFdKs gRKSds W_ns _ds
K^gRjfSFf\s >RKs F S dIdFLhs dKadKfK^gKJs gRKs PK^Sjf s Y_kKs F ^ J s JKJSIFgT_^s _Ls \F^ns
aK_aYKslR_sl_dXKJs lSgRs SgsfSÎKs Sgfs SÎKagT_^s >RKs 98s Y__XKJs LFdsLd_\s dKFJnsg_s
Fffj\KsSgfs^Klsd_YKsS ^ sFs \jfKj\s-sS\FPS^KJsgRKsFSdaYF^KsS^sFs \jfKj\ sF^JsaK_aYKs
lFYXS^Ps Gns >RKns l_jYJs fg_as g_s l_^JKds FG_jgs gRSfs \nfgKdS_jfs F S dIdFLhs >RKns
l_jYJ^gsX^_lsFG_jgs gRKs KmaKdSKÎKf s gRKs K\_gT_^f sF ^ J sgRKs RSfg_dns gRKs FSdaYF^Ks
R_YJfs>RKsWKgslSYYs ^_gs gKYYsgRK\s _LsgRKs \SffS_^fs SgsLYKl s gRKs 2s-+fs Sgs _jgdF^ s gRKs
gRj^J Kdfg_d\fs Sgs IdKfgKJ s _ds gRKs flKFgns PY_kKfs Sgs RFJs PdSaaS^Ps Sgfs fgTIXs JjdS^Ps
gjdGjYK^gsdKLjKYS^Pfs-^fgKFJsSgslS Y Y sfSgsfSYK^gYnsF^J sY S XKsFYYsWKgfs_^sJSfaYFn sSgslSYYsXKKas
Sgfsfg_dSKfsg_sSgfKYLs 6K_aYKskSfSgT^PsgRKs\jfKj\fslSYYs ^KkKdsRKFdsgRKsJKFLK^S^Psd_Fds
_LsgRKs.f s fKKs gRKs KmgK^ JKJs LYF\Ks _dsLKKYs gRKs f_j^Js FPFS^fgs gRKSdsG_JSKfs %fs -s
gR_jPRgsgRKfKsgRS^Pfs -s X^Kls -s l_jYJs ^KkKds GKs FGYKsg_s fKKs F ^ s98s S ^ sFs \jfKj\s
lSgR_jgsFYlFnfsRKFdS^PsSgsF^JsLKKYS^PsSgfsf_j^Jsg_jIRs\ K sJKKaslSgRS^s\nsf_jYs
%fs-sdKkSKlKJsgRKsYSfgs_LsFSdaYF^KfsfYFgKJsL_dsJKYSkKdn s -sdKIF YYKJsR_lsKFIRsfKK\KJs
g_sRFkKsFsaKdf_^FYSgnsFYYsSgfs_l^s0SXKsFs YSfgs_Ls_YJsLdSK^Jf sgRKSdsgFSYs^j\ GKdfsGd_jPRgs
g_s \S^Js\K\_dSKfs_LsgT\Kfs -s RFJs faK^gslSgRs KFIRs _LsgRK\sASkSJs aSIgjdKfsIF \ K sg_s
\ S ^ J ! s I_Y_dLjYs PK_PdFaRns fadKFJs GKL_dKs \K#s F^s F S dfR_ls lRKdKs lKs LYKls gRKs WKgs
GKL_dKs saK_aYK#sgRKsfaKKJ sgRKsSÎdKJSGYKsfaKKJ sgRFgsRFJs GKK^sgRKdKslRK^s
lKs ^KKJKJs Sgs\_fg#s Fs bjSKgs^SPRgsFY_^KslSgRsgRKsfgFdf#s gRKskS_YK^gs\_\K^gfs_LsgRKs
j^fgFdgf#s gRKsJKY SPRgKJsPFoKs_LskSfSg_dfsFfsgRKns_GfKdkKJsFs RF^PFdKJs9YKJ#s gRKsf_Lhs
XSffs_LsfSmsgTdKfs_^s I_ÎdKgKsFLhKdsFs Y_^Ps\SffS_^#s gRKs FJdK^FYS^Ks_^sFs ^SPRgsgFXK_LN#s
gRKsLF\SYSF dSgnslSgRsPFjPKfsF ^ J sYKkKdf sF^JsgRKsI_\L_dgF GYKsI_^LS^Kfs_LsgRKsI_IXaSgs
>RKsFSdaYF^KfsRFJsGKI_\Ks\_dKsgRF^slKYJKJsaFdgfs_LsgTgF^Sj\sF^JsfgKKYsg_sgRKs\K^s
lR_sRFJsLY_l^sgRK\s>RKs9 YKJsRFJsad_aKYYKJs_jdsYSkKfsg_sgRKskKdnsKJPKs_LsF Y Y slKsRKYJs
JKFd sF^JsGd_jPRgsjfsGFIXs3_lslKsLKlslR_sRFJsLY_l^sgRSfsaYF^KslKdKsFs aFdgs_LsSgfs
RSfg_dns 4jds \_\K^gfs lSgRs Sgs lKdKs j^SbjK s L_dKkKds Fs aFdgs _Ls Sgfs fSYK^gs aFfgs %fs -s
dKkSKlKJsgRKsYSfgs_^s \nsJKfX s-sLKYgsad_jJsF^JsL_dgj^FgKsg_sRFkKsGKK^sFsf\F Y Y saFdgs_Ls
gRKsYSLKs_LsgRSfsFSdaYF^Ks
>RKs _LNUISFYs dKgT dK\K^gs IKdK\_^ns lFfs F^gTIYS\FIgTI s F^Js L_ds \_fg s Fs GYKFXs
KmaKdSKÎKs%LhKdlFdJfs -s LKYgs FfsSLs-s RFJsFggK^JKJs gRKsLj^KdFYs_Ls_^KsfgTYYsFYSkKs *_ds
fKkKdFYs \_dKslKKXf s -s fIRKJjYKJs98fsg_s YKFkKsL_ds\jfKj\fs )kK^gjFYYnsgRKs JFns
IF \ K slRK^s gRKs YFfgs_^Ks lFfsfIRKJjYKJs L_dsgFXK_LNs -s dK\ S^JKJs \nfKYLsgRFgsSgslFfs
YSggYKs\_dKsgRF^sFsL__g^_gKsg_sFkSFgT_^sRSfg_dn sGjgs^_^KgRKYKff sL_j^Js\nfKYLsJdSkS^Ps
_jgsg_sgRKsdj^lFnsg_s_GfKdkKsgRKs9YKJfsLS^FYsJKaFdgjdKs%fs-sfg__JsGKfSJKs\nskKRSIYKs
F ^ J slFSgKJsL_dsgRKs&YFIXGSdJsg_sK\KdPKsLd_\sgRKsRF^PFd s-s^_gTIKJs_^YnsFsLKlsaK_aYKs
RFJsI_\Ks_jgsg_slFgIRsgRKsYFfgsaYF^KsYKFkKs&KFYKs 6KdRFafslKsRFJsP_ggK^sg__sjfKJs
g_sfKKS^Ps Sgs Fd_j^Js gRKs GFfKs %fs -s lFSgKJ s -s RFJs Fs RFdJs gT\Ks S\FPS^S^PsgRKs GFfKs
lSgR_jgsgRKsfSPRgs_LsgRKs&YFIXGSdJs_kKdRKFJs
%fsgRKs98sgFmSKJs Gn s -s X^Kls -s lFfslSg^KffS^PsgRKs aFffS^Ps_LsF^s KdFs>RSfs KdFs
GKPF^s lSgRs gRKs LFgKLjYs LYSPRgs _Ls +Fdns 6_lKdfs S^s Fs @s F^Js gRKs dKfjYgT^Ps
K\GFddFff\K^gsg_sgRKs )SfK^R_lKdsFJ\S^ SfgdFgT_^s%^s_dJKdslFfsSffjKJsg_sad_IKKJs
lSgRs gRKs JKkKY_a\K^gs_LsFs \_dKsFJkFÎKJs aYF^KsgRFgsI_jYJ^gsGKsfR_gs J_l^s>RKs
98slFfsgRKsdKfjYgs *_dsgRdKKsJKIFJKfsSgsaKdL_d\KJsSgfs\SffS_^sj^g_jIRKJsGnsgRKs
_gRKdsfSJKs%fsSgsflj^PsSgsY_^Ps^_fKsS^g_sgRKsdj^jasFdKF sgRKsWKgsg__Xs_^sgRFgsad_jJs
Y__Xs-s RFJsfKK^sGKL_dKs
-s lFgIRKJs gRKs fjaa_dgs aK_aYKsfIjddns GK^KFgRs gRKsWKg s IFddnS^Ps_jgsgRKSds^_d\FYs
ad_IKJjdKfs>RKsLF \SYSFdsfIK^KsLKYgsJSLNKdK^gsGKIFjfKs-slFgIRKJslSgRsFs RKFknsRKFdgs
>RKsJSfgT^PjSfRKJsd_Fds_LsgRKsK^PS^KfsFffFjYgKJs\nsRKFdS^Ps_^Ks\_dKsgT\K sF^Js-sLKYgs
gRKsWKgsJKLSF^gYnsgKYYS^PsFYYslR_sI_jYJs RKFdsgRFgsSgsJSJs^_gslF^gsg_sP_sFlFn#s SgsI_jYJs
fgT Y Y s J_sgRKsW_Gs >RKs FSdaYF^Ks lFfs fgT YYs gRKs GKfgs >RKs f_j^Js gRj^JKdKJs FId_ffs gRKs
F S dLSKYJslSgRsgRKsIdns_Ls_^KsfgT YYsj^JKLKFgKJ sSffjS^PsSgfsLS^FYsIRFYYK^PKsBRK^sgRKsdj^s
lFfsI_\aYKgKJsF ^ J sF Y Y sgRKs\FS^gK^FÎKsaK_aYKsRFJs\_kKJsFlFn sgRKsWKgsfFgsFY_^K s
lFSgT^Psg_sgFXKsgRKsdj^lFns
-sfFlsRKdsgRK^sFfs-sRFJsgRKskKdnsLSdfgsgT\KsF ^ J sgKFdfslKYYKJsS^s\nsKnKfs-sX^KlsRKds
GKggKds^_lsF ^ J sY_kKJs RKds\_dKs,_lsI_jYJs -s ^_gsY_kKsRKd s FLhKdsFYYsfRKsRFJsfR_l^s
\K$s9RKs RFJs ^_gsIRF^PKJ sF^JsfRKsRFJs^_gsFPKJs9RKslFfsFs GSgs_LsgRKsaFfgsF ^ J sgRKs
LjgjdKs d_YYKJs S^g_s_^K sgRKsR_ggKfgs_LsR_gsd_Jf sF ^ J sFs gKIR^_Y_PSIFYs l_^JKdsGjSYgsg_s
YFfgs%fsfRKsfFgsgRKdKsJdSaaS^PsLjKY s YKF^S^PsfYSPRgYnsL_dlFdJs _^sFs fY_aKJs dF\a sfRKs
K\G_JSKJsajda_fKsF ^ J sKYKPFÎKs-sX^Kls-sl_jYJsFYlFnfsdK\K\GKdsRKdsgRFgslFn sgRKs
KYKPF^gs0FJnsS^s &YFIX sfjaKdS_dsS^sJKfSP^sF^Js aKdL_d\FÎKs9_\KsaK_aYKsfF S J sgRFgs
gRKsI_^gT ^j_jfsRKFgT^PsSÎjddKJsFgsRSPRsfaKKJfsRFJsIFjfKJsgRKs\KgFYfs_LsgRKsWKgsg_s
lKYJsgTPRgKds_kKdsgRKsnKFdf sF^JsfRKs^_lsLYKlsLFfgKdsgRF^slRK^sfRKslFfs^Kls -sRFJs
LY_l^sRKdsF^Js-sGKYSKkKJsgRK\s
-slFgIRKJsgRKsYFfgs98sajYYsgl_sLSKdnsaYj\KfsJ_l^sgRKsdj^lFnsF ^ J sIYS\GsfgKKaYns
FlFn sRKdsk_SIKsKIR_S^Psad_jJYnsFId_ffsgRKsL__gRSYYfs2nsKnKfsfgdFS^KJsg_sL_YY_lsRKd s
R_`S^Ps e_\KR_lsg_s XKK`s RKcsF Y SkK s Gjgse__^seRKslFes elFYY_lKJs GnsFs GcSPRgsGYjKs
eXns=R_jPRsgRKsVKgslFes\SYKesFlFnsF^Js_jgs_Lse SPRg s-sH_j Y J segTYYsRKFcsgRKsLFS^gscj\GYKs
_Lsg RKs.es
-s cKgjc^KJsg_sgRKsebjFJc_^slRK^sgRKse_j^Js_LsgRKs9YKJesK^PS^KesH_jYJsGKsRKFcJs
^_sY_^PKcsFgs&KFYKs
*-3%0s84%8s
4^s 1FcHRs s sgRKs98s_LNSHSFYYnsYKLhsgRKs%Scs *_cHKsS^kK^g_cnslSgRsFsLS^FYsMZSPRgs

gRFgs l_jYJsgFXKs gRKsF S c`YF^Ksg_sgRKs 3FgT_^FYs %Scs F^Js 9`FHKs 1jeKj\s *YnS^PsLc_\s
6FY\JFYK s 'FYSL_c^SF s g_s BFeRS^Pg_^s (' s gRKs 98s YKLhs FHgTkKs Jjgns lSgRs FYYs gRKs
`cSJK s`KcL_c\F^HK sF^JsJSP^SgnsgRFgs\FcXKJsKkKcnsFe`KHgs_LsSgessnKFces_LseKckSHKs
=RKs98slFescKgTcKJslSgRsF Y Y s_LsS gese`KKJsF^JsFYgTgjJKscKH_cJesegTYYsj^HRFYYK^PKJs) ^ s
c_jgKsg_sg R K s\jeKj\ sgRKsVKgseKgsL_jcs ^KlsH_^gT^K^gFYs e`KKJs cKH_cJes =_gFYs MZSPRgs
gT\KsLc_\s 0_es %^PKYKesg_sBFeRS^Pg_^s ('slFess\ S ^jgKes 4^sSgesLS^FYsJFnsgRKs9YKJs
iFJsFkKcFPKJss\SYKes`KcsR_jcs
.IXbXF]9[Iik (XbA_k
%YYsgRKs`R_g_PcF `ResS^sgRSesG__XslKcKsgFXK^s GnsgRKsFjgR_csKmHK`gsL_csgRKsL_YY_lS^P!s

`s s._R^s+FLN^Kn"sF ^ J s`s s ?9s%Scs*_cHKs`R_g_s
=RKsHF\KcFes jeKJs lKcKsgRKs 3SX_^s 3 s 3SX_^s * s F^Js 3SX_^s *s %skF cSKgns _Ls
YKêKeslKcKsjeKJscF^PS^PsLc_\ss\\sg_ss\\s%YYsgRKsS\FPKeslKcKs\FJKsLc_\s
gcFê`FcK^HSKe s jeS^Ps /_JFHRc_\K s )XgFHRc_\K sF ^ J s*jVSHRc_\KsLSY\s *SY\se`KKJes
cF^PKJsLc_\ss%9% g_ss%9%s
=RKs `R_g_PcF `Res lKcKs gFXK^s _kKcs Fs eKkK^s nKFcs `KcS_Js 4kKcs s eYSJKes lKcKs
cKkSKlKJs S^s gRKs L_c\FgT_^s _Ls gRSes G__Xs BRK^KkKcs LSY\s lFes eR_gs S^s )^PYF^Js _cs
4XS^FlF sSgslFescKLcSPKcFgKJsF^JsgcFê`_cgKJsGFHXsg_sgRKs?^SgKJs9gFgKesL_cs`c_HKeeS^Ps
9R__gT^Ps gRKs `SHgjcKes lFes gcjYns Fs YFG_cs _Ls Y_kKs F ^ J s \FJKs L_cs e_\Ks j^jejFYs
Km`KcSK^HKes &nsLFcsgRKs \_egs HRFY YK^PS^Ps lKcKs gR_eKs S\FPKes cKH_cJKJs Lc_\s gRKs
H_HX`Sgs_LsgRKs98sF^JsgRKs=s s - ^ sgRKs= s_^Ksg_sgl_sHF\KcFesH_jYJsGKsHFccSKJs
eFLKYnslSgRsgRKsFSJs_Lse `KHSFYsAKYHc_segcFèseKHjcKJsFc_j^Js\nsHRKegs=RKsGSPPKegsJ S Lq
LSHj YgnsYFnsS ^ sPKggT^PsgRKsPjnsS ^ sgRKs_gRKcseKFgsg_sMZnsgRKsVKgsg_sgRKsKmFHgs`_eSgT_^sLc_\s
lRSHRs gRKs eR_gsH_jYJs GKs \FJKs -^kFcSFGYn sgRKcKs lFes F^s KYK\K^gs_LsYjHXsS ^ k_YkKJs
lSgRsgRSesXS^Js_LsFKcSFYs`R_g_PcF`Rns -slFes^_gsFYlFneseHRKJjYKJsg_sMZnslSgRsF^_gRKcs
= sF^JslRK^s-slFe sgRKsej^sF^PYKeslKcKs_LhK^sYKeesgRF^s_`gT\j\s-^sgRKeKsHFeKe s
gRKs K^gTcKs Sêgcj\K^gs `F^KYs l_jYJs GKs cKMZ KHgKJs _^g_s gRKs HF^_`ns HcKFgT^Ps Fs
JSegcFHgT^PsPYFcKsS ^ sgRKs`cS^gKJsS\FPKs=RKslKFgRKcsSgeKYLslFesFYlFnesj^`cKJSHgFGYKs
9\_XKs F^Js RFoKs FHc_ees gRKs ^_cgRKc^s 'FYSL_c^SFs L__gRSYYes JjYYKJs \F^ns `SHgjcKes
%YgR_jPRsHcKlsHRSKLesJSJsgRKScsGKegsg_sHYKF^sgRKsHF^_`n s-segT Y Y seR_gsgRc_jPRsFsgRSHX s
HjckKJs ejcLFHKs _Ls `YFegTHs -s L_j^Js eR__gT^Ps Lc_\s gRKs cKFcs eKFgs _Ls gRKs =s lFes
^_c\FYYns GKggKcs gRF^s eR__gT^Ps Lc_\s gRKs Lc_^gs H_HX`Sgs &KHFjeKs gRKcKs lFes YKees
HjckFgjcKsFgsgRKseSJKes_LsgRKscKFcsHF^_`n s-sH_j Y J sPKgsgRKsHF\KcFsYKês`Kc`K^JSHjYFcs
g_sgRKs`YFegTHsF^JsFHRSKkKsYKees JSeg_cgT_^s %YgR_jPRsSgslFesHcF\`KJ slSgRs `cFHgTHKs -s
H_jYJsF S \ sL_Hje sF ^ J seR__gslSgRse_\KsJKPcKKs_LsegFGSYSgns
=RKsGSPPKegsFJkF^gFPKs S^sgRKs=s lFes RFkS^PsF^_gRKcs`SY_gsMZnsgRKs `YF^KslR SYKs-s
`KKcKJsgRc_jPRsFskSKlNS ^JKcs=FYXS^PsRS\sS^g_sgRKsGKegs`_eSgT_^slFesFsHRFYYK^PKs ,Ses
FGSYSgnsg _s`jgsgRKsVKgsS^sgRKsGKegs`_eSgT_^slFes_LhK^sgRKs\_egsHcSgTHFYsLFHg_csS ^ sPKggT^PsFs
P__Js `SHgjcKsBRK^sgRKseHRKJjYK sgRKslKFgRKc sF^JsgRKs`_eSgT_^s_LsgRKsFScHcFLhslKcKs
` KcLKHg sgRKsLFgKs_Lsg RKs`SHgjcKscKegKJsebjFcKYnslSgRs\nsFGSYSgnsg_sL_HjeseRFc`Ynsj^JKcs
JSLNKcK^gsGF^XsF^PYKe s`SgHRsFggTgjJKe sF^JsPsL_cHKes 4^sFsgn`SHFYsJFnslSgRsFs c_YYs_Lss
`SHgjcKe s-s\SPRgsPKgsgl_sg_sL_jcseR_gesl_cgRsXKK`S^Ps-slFesFYlFnesFeejcKJs_LsRFkS^Ps
eYSPRgsRKFJFHRKslRK^sSgslFes_kKcsGKHFjeKsY__XS^PseS JKlFnesgRc_jPRsFse\FYYs_`K^S^Ps
S ^ sFsHF\KcFslRSYKsMZnS^PsgRc_jPRsFskF cSKgns_Ls\F^KjkKceslFesj^H_\L_cgFGYKs
9R__gT^PsLc_\s gRKsH_HX`Sgs_LsgRKs98sHcKFgKJse_\Ks e`KHSFYs `c_GYK\es *Sceg s -s
H_jYJ^gs `jgsgRKsHF\KcFsg_s \ns KnKs GKHFjeKs _LsgRKse`FHKs RKY\KgesLFHKs `YFgKs =RSes
lFes^_gsFs `c_GYK\sL_cs\_egs_jgeSJKseR_ge s GKHFjeKsgRKsYKêsH_j Y J sGKseKgsg_sS^LS^Sgns
g_sFHRSKkKs`KcLKHgsL_Hjes &KHFjeKs-sH_jYJ^gs`jgsgRKskSKlLS^JKcsg_s\nsLFHK s-sLcF\KJs
e_\KseR_ges`__cYnsS^sgRKsGKPS ^^S^P sGjgs-sH_ccKHgKJsgRSeslSgRs`cFHgTHKs9KH_^J s-sRFJs
g_sHR__eKs\nseR_gesHFcKLjYYn sGKHFjeKsgRKcKslFes^_s_``_cgj^Sgnsg_scKY_FJsLSY\s=RKs
s Km`_ejcKeslKcKsF Y Y s-s RFJs 4^s _^Ks_HHFeS_^ s -s e_YkKJsgRSes`c_GYK\s GnsgFXS^Psgl_s
HF\KcFsG_JSKe sG_gRsY_FJKJslSgRsFsc_YYs_LsLSY\s-s`YFHKJs_^KsS ^ sgRKsYFcPKsYKPs`_HXKgs_Ls
gRKse`FHKsejSg sF ^ J s`jgsgRKs_gRKcs_^sgRKscSPRgsH_ê_YKs-s^KkKcscK`KFgKJsgRSesGKHFjeKs
_Lsg RKsJKYSHFgKsKLN_cgsS^k_YkKJslSgRsHRF^PS^PsgRKsYKêsLc_\s_^KsHF\KcFsg_sgRKs_gRKcs
BKFcS^PsPY_kKes\FJKsgRSesgcSHXns -LsF^ngRS^PslFesJc_``KJ sSgsH_jYJs^_gsGKscKgcSKkKJs
Lc_\sgRKsMZ__csj^gTYsFLhKcsYF^JS^Ps
9S\`YnsLS^JS^PsFs `YFHKsg_seg_cKs\nsHF\KcFs S^sgRKsH_HX`SgslFesFsHRFYYK^PKs -se`K^gs
eKkKcFYs R_jces eSggT^Ps S^s gRKs H_HX`Sgs gcnS^Ps JSLNKcK^gs H_\GS ^FgT_ês -^SgTFYYns -s gcSKJs
eg_lS^Ps gRKs HF\KcFs S^s gRKs YKPs `_HXKgs _Ls gRKs e`FHKs ejSg s Gjgs L_j^Js Sgs F Y \_egs
S \ `_eeSGYKsg_scKgcSKkKslRK^sSgsRFJseKggYKJsg_sgRKsG_gg_\s _LsgRKs`_HXKgs -sL_j^JsgRKs
H_ê_YKsg_s\nscSPRgsg_sGKsgRKsGKegsY_HFgT_^sFLhKcsgFXK_LNs 9\FYYsX^_GesgRKcKsHcKFgKJs
Fs HRF^^KYs S^s lRSHRs gRKs HF\KcFs H_j Y J s cKegs =RKeKs X^_Ges lKcKs jeKJs \S^S\FYYns
gRc_jPR_jgsgRKsMZSPRgsF^JslKcKs^_gsRS^ JKcKJsGnsgRKsHF\KcFes`cKeK^HKs &KHFjeKs_Ls
gRKs \S^S\FYs \F^KjkKcS^Ps Km`KcSK^HKJs S^sgRKsVKg s gRKsHF\KcFs^KkKcsLKYYs Lc_\s gRSes
`YFHKs &KL_cKsgFXK_LN s -s eg_lKJsgRKsHF\KcFs S^sFs `_jHRs GKRS^Js \nsYKLhsKY G_l s eS^HKs
gRKs FHHKYKcFgT_^s L_cHKes lKcKs g__s PcKFgsL_cs g_s cK\FS^s _^s gRKs H_ê_YKs jêKHjcKJs
4^HKsF S cG_c^KsF ^ J sRKFJS^Ps_jgsg_sgRKsgF^XKc s -s cKFHRKJs GFHX sLKYgsL_csgRKsHF\KcF s
F ^ J s`YFHKJsSgs_jgs_^sgRKscSPRgsH_ê_YKs&KHFjeKs-slFesj^FGYKsg_seKKsSgsF \ SJegsgRKsGjYXs
_Lsg RKse`FHKsejSg s-sRFJsg_sj^J_sgRKsAKYHc_sF^JsHFcKLjYYns`jYYsgRKsHF\KcFsLScegsj` sF^Js
gRK^s_jgs_LsgRKs`_jHRs=RSesGSgs_LsPn\^FegTHesRFJsg_sGKs`cFHgTHKJseKkKcFYsgT\Kes_^s
gRKsPc_j^JsGKL_cKsMZSPRgs
&_gRs gRKs HF\KcFs F ^ J sLSY\s lKcKs Km`_eKJs g_s KmgcK\Ks gK\`KcFgjcKes lSgRS^s gRKs
H_HX`Sgs K^kSc_^\K^gs BRSYKs cKegT^Ps _^sgRKs H_ê_YKs S ^ sMZSPRg s gRKs HF\KcFs GKHF \ K s
bjSgKsH_YJsS^sF ^ sj^RKFgKJsH_HX`Sgs`cKeejcSoKJsg_s sLKKgsBRK^s-s`jgsS g sj`s_^sgRKs
Lc_^gslS^JeRSKYJsFcKF sSgscF`SJYnsRKFgKJsj`sLc_\scKegT^PsFPFSêgsgRKsR_gsPYFees-sH_jYJs
_^YnsYKFkKsSgsgRKcKsFs H_j`YKs\ S ^jgKesGKL_cKsgRKsLSY\sejLNKcKJsLc_\sgRKsRKFgs
$@D9a V?9a 9Và Iâ62I9P2Sa?28aVLa59a PZ>>98a 2J8aP9E@25E9a;LPaZS9a
@Ja V?9a6L6DN@Va
=RKs eKYL`_cgcFSgs eR_ges lKcKs gRKs \_egs JSLNSHjYg s F ^ J s Fs PcKFgs JKFYs _Ls LSY\s lFes
Km`K^JKJsg_snSKYJsgRKsLKls`SHgjcKes-s`_eeKeesg_JFns-s`cK\KFejcKJsgRKsJSegF^HKsLc_\s
\nsRKY\Kgsg_sgRKslS^JeHcKK^slRSYKs_^sgRKsPc_j^Js -sgRK^seKgsgRKsHF\KcFsg_sL_HjesFgs
gRSesJSegF^HKs &nsgFXS^PseKkKcFYseR_ges-sH_jYJs\FXKs\ S ^_csFJVjeg\ K^gesg_sgRSeseKggT^P s
R_`S^PsL_cs_^KsP__Js_^Ks_jgs_LsgRKsGj^HRs-sjeKJsgRKsHF\KcFesF jg_gT \KcsJKkSHK se_s
-sJSJ^gsRFkKsg_scKFHRsj`sg_se^F`sgRKs`SHgjcKs4^HKs-se_YkKJsgRKsL_Hje sSgslFesF^_gRKcs
HRKees PF\Ks g_s `c_JjHKs gRKs F``c_`cSFgKs F`KcgjcKs =RKs H_êgF^gYns HRF^PS^Ps ej^s
F^PYKesJjcS^Psg jcêsS ^ sMZSPRg sF ^ J sgRKsKmgcK\KscFgT_s_LsGcSPRgsYSPRgsg _sH_HX`SgseRF J_le s
_LhK^s JKLKFgKJs \nsFggK\`gesg_s `c_JjHKsFs l_cgRlRSYKsS\FPKs -^s gRKsK^J sSgseS\`Yns
GKHF\KsFs \FggKcs _Ls R_ls \F^nsFggK\`geslKcKs \FJKs =RKs \_cKs -s H_jYJs eR__g sgRKs
GKggKcsgRKs_JJeslKcKsL_csFsYjHXnseR_gs=RSeslFes ^_gsFYlFnesKFens=RKsGFeSHsGjeS^Kees
_LsMZnS^PsgRKsVKg s`cKHYjJKJsgFXS^PsKmgcFsgT\Ksg_scKLS^KsF^ns_^KseHK^Ks_^sLSY\s=FXS^Ps
`SHgjcKes lFes FgsgRKs kKcnsG_gg_\s _Ls\ns`cS_cSgns YSegs_LsgRS^Pes g_s J_s S^s gRKs H_HX`Sgs
1F^nsgT\KesgRKsHF\KcFs eFgsj^g_jHRKJsgRc_jPR_jgsFsMZSPRgs BRK^s -s JSJscKFHRsL_csSg s
gRKs `SHgjcKs gFXS^Ps lFes FHH_\`YSeRKJs S^s Fs GcSKLs \_\K^gs _Ls cKRKFceKJs LS^KeeKs
9R__gT^PsgRc_jPRsgRKsgRSHXsPYFeesL_csgRKs_jgeSJKseR_ge s-slFesFYlFnesejc`cSeKJsFgsgRKs
HYFcSgns_Lse_\Ks_Lsg RKs`SHgjcKes
0__XS^PsGFHXs_kKcs\nsH_YY KHgT_^s_Ls98s`SHgjcKe sgRKcKsFcKsLKlsLc_\sgRKsH_HX`Sgs
-s HRKcSeRsgRKeKs `cSoKJs `R_g_esFes-s X^_lsR_lsS^LcKbjK^gYns-slFesFGYKsg_seR__gsgRK\s
F^Js R_lsJSLNSHjYgsSgslFesg_scKH_cJsgRKskSKlsFesSgscKFYYnslFes 9FLKgns_LsMZSPRgsFYlFnes
HF\KsLSceg sF ^ J s-sMZKls\F^nsR_jces S^sgRKsVKgsGKL_cKsKkKcsgFXS^PsFsHF\KcFsFY_^Ps
=RKs`SHgjcKesgFXK^s_^sgRKsPc_j^JslKcKs_^YnseYSPRgYnsYKeesHRFY YK^PS^Ps4^HKsFPFS^ s
`SHgjcKsgFXS^PslFes_^YnsebjKKoKJs S^s lRSYKs ^_c\FYYns `KcL_c\S^PsMZSPRgs YS^Ks JjgTKes
4kKcsFs Y_^Ps `KcS_Js _LsgT\K s -s eY_lYns GjSYgsgRKs H_Y Y KHgT_^s lRSHRs RKY`KJs \Ks `jgsgRSes
G__Xsg_PKgRKcs -slFesL_cgj^FgKsg_sRFkKs\F^nsLS^Ks`K_`YKs`c_kSJKs_``_cgj^SgTKesL_cs
\Ks g_s `R_g_PcF`Rs gRKeKs j^SbjKs eHK^Kes -s ^KkKcs S\FPS^KJs lRK^s -s K^gKcKJs gRKs
`c_PcF\sgRFgs-sl_jYJseKKsgRKscKgTcK\K^gs_Lsg RKs98 sF^Js-\s^_lse _sg RF^XLjY sg__Xs
gRKs`SHgjcKes-sJSJs
* - 3%0s34=)s
BSgRsgRKs\F^nsgR_jeF^Jes_Ls98s`R_g_PcF`Res -kKsgFXK^ s -s F\s_LhK^s FeXKJslRSHRs

_^KsSes\nsLFk_cSgKs -gsSesF^sKFensbjKegT_^sg_sFêlKcs=_s\K sgRKcKslFes_^KsF\_^Ps\ns
H_YYKHgT_^slRSHRsHF`gjcKJsgRKsKeeK^HKs_LsFYYsgRFgslFes\negKcS_jesF^Js`_lKcLjYsFG_jgs
gRSesVKgsBRSYKsMZnS^Ps_^sFsgF^XKc s-slFesFGYKsg_sPKgsFs `SHgjcKs_LsFs &YFHXGScJsVjegs`cS_csg_s
SgescKLjKYS^Ps)\ KcPS^PsLc_\sFsebjFYYsYS^Ks_kKcsgRKs3_cgRs9KF sgRKs9YKJsJcS``KJslKgslSgRs
cFS^sF^JsLjKYsFesSgs\_kKJseY_lYnsj`sg_lFcJs\ns`_eSgT_^s S^sgRKsG__\s`_Js%eslKs\_kKJs
S^s F^Js _jgs _LsgRKs HY_jJe s -s cK\K\GKcs gRS^XS^Ps lRFgs Fs `_lKcLjYs `SHgjcKs Sgs l_jYJs
\FXKsS L s_^YnsgRKcKslFes \_cKsYSPRgs 0SXKsFs lSeRsPcF^gKJsgRKsGcSPRgscFnes_LsFs `FcgTFYYns
RSJJK^s ej^s \_\K^gFcSYns SYYj\S^FgKJs gRKs 9YKJes lKgs \KgFYs F ^ J s `c_JjHKJs Fs eFgT^q
LS^SeRKJseRS^Ks_^sgRKsFSc`YF^Ks-s^KkKcsFPFS^slSg^KeeKJs-gslFesgRKsLScegsgT\Ks-sRFJsKkKcs
`R_g_PcF`RKJsgRKs 98s S^sMZSPRgs 4kKcsgRKsnKFces \ns`R_g_PcF `RnsS\`c_kKJ s Gjgs -s
^KkKcsHF`gjcKJsF^_gRKcseR_gs_LsgRKs9YKJs \_cKseKJ jHgTkKsg_s \ns KnKs -gs ^_lsPcFHKes
gRKsH_kKcs_LsgRSesG__Xs
&cSF^s9RjYs
($". %. -. #%+%. . !(%&.

. ,. ). (. .
%'. #'%. '.&. *&-.

C ( C
"30k -#*3k k 1#k 070k
&'&. )%&%.
". . (. . %. %. ". (.

Sled Driver

Uploaded by

Document Information

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Sled Driver

Uploaded by

Copyright:

Available Formats

-B'1!

C:$C 36-8C8:8:C :C

 2 2 L^`ck 'BBcMVGk k

12 &,(2 k

 2 2 !Vk /^B\:^:cMYVk  k

 2 !!2 !Vk /^B\:^:cMYVk  k

,''&(+%2 )+2 k

%2 &,+2                                    k

 2 2 ,Vk L`\P:jkk  k

BKsR_`KsgRFgsn_jsg__ slSYYs GKsS^e`ScKJsGnsRSes_jgegF ^JS^Ps`R_g_PcF`RnsF^JsRSes

- ^ s  s -s lFfsfgT YYs S^s RSPRsfIR__Ys>RFgsfF \ K snKFdsgRKs98s &YFIXGSdJs lFfs FYdKFJns

>RKs gRs9gdFgKPSIs8KI_^^FSffF^IKsBS^Ps gRs98B sIFdKLjYYnsfKYKIgKJsSgfs98saSY_gfs

.9VP29V?^Ea LP2J9a@>J@V9Sa )a 2J8a\@V?a2a

'Ja V2D9L;<aPLEEaV?9a -E98a PL2P98a @Ja ;ZEEa2;W9P5ZPJ9PaE@D9aJLaLV?9Pa

(FnsL_jds_ L sg RKsS^gKdkSKlsRFJsGKK^sgRKs\_fgsS^faSdS ^P sGjgsJFnsgRdKKsRFJsGKK^sgRKs

Va\2Sa2a V\La I2Ja 2@PNE2J9a < E2P>9aN2PVaL;aV?9aVP2@J@J>a\2Sa89[LV98aVLa

< S@Ia @JSVPZ6VLPa P9[@9\Sa

.?9aS@Ia @JSVPZ6VLPa P926?9Sa;LPaV?9a ;2 @EaS\@V6?9Sa9JSZP@J>a

<-%#$3< 233(< -#%- <16-<6- 1<< !6++<,..-<

%LhKcseSms\_^gRes_LsHYFeec__\sFHFJK\SHesF^JseS\jYFg_csgcF S^S^P sSgslFesgT\Ksg_sGKs

=RKseKH_^Js RFYLs_LsgRKs98sgcF S^S^Ps`c_PcF\s lFes \_cKsg_s_jcsYSXS^PsgRF^sgRKs

.--%-#<3$ <$ +, 3<3< < %+.3<.-! 12< 8%3$<,.%+ <1 8<

%G_jgs F^s R_jcsGKL_cKsgFXK_LN s lKsl_jYJs HYS\Gs S^g_sgRKsVKgs =RKs \_GSYKsHcKlsRFJs

0@S@VLPSa\9P9aJZI9PLZSa2J8aLJ9a J9[9Pa DJ9\a\?La\LZE8a 59a\2V6?@J>aV?9a SZ@VZNa

-E98a6P9\aPZJSaV?PLZ>?a NP9SV2PVa6?96DE @SVa.?LZ>?aS9N2P2V98a5^aLJE^a2a ;9\a ;99Va 926?a

-E98aV2]@9Sa;PLIa ?2J>2Pa I I 98@2V9E^a V?9aSVPLGJ9PVA2Ea &2[@>2VALJa

$@D9a PL^2Ea 2VW9J82 JVSa JZI9PLZSa

E2S?@J>aE@>?VSa;PLIa -, a2E9PVSa

1%+< 1 !6+ %-#< !1.,< 3$ <

%LhKcslKsP_gs_jcsLjKYsY_FJ s-sKFeKJsgRKsVKgsGFHX selj^PsHYKFcs_LsgRKsgF^XKcsF^JsYSgsgRKs

Ja-, a6E92PSa2a V2JD9Pa2J8a>L9SaVLa;ZEEa

-gsLKYgsP__Jsg_sYKkKYs_LNsFgsFYgTgjJKfslRKdKs-s X^Kls-s_l^KJsgRKsfXns -LsF Y Y slFfsl_dXS^Ps

>R_jPRsgRKs894slFfsdKfa_^fSGYKsL_ds^FkSPFgT_^ s-sY S XKJsg_sXKKasj a slSgRs_jdsa_fSgT_^s

*YnS^PsS ^ sgRKsfaFIKsfjSgslFf^gsFfsj^I_\L_dgFGYKsFfs SgsY__XKJs>RKnslKdKsKLNUISK^gsS ^ s

6  6*'6'*,((.6 6.6'*,6*6/6(/6//.6(6

Ja ,-'aSV2 PVSaVLaS?98a V?9a SZ@Va2;W9Pa2a ELJ>a;F>?Va

.?9a VP28@VALJ2Ea ?2J8S?2D9a 2;W9Pa 926?a ;F@>?Va %2J^a VA>?Va

=RKcKsHF\KsFs gT\K sLS^FYYnslRK^sgcF S^S^PslFes H_\`YKgKJsF^JslKslKcKscKFJnsg_sMZns

.?9aPZJZNa2P92a @Ja'D@J2\2a-ZJJ^a82^SaE@D9aV?@Sa\9P9a2 E\2^Sa\9E6LI9a

$LJ>a 59;LP9a V?9a 6P9\a 2PP@[98a I4@JY:J2J69a \2Sa

4jdsgdFS^S^PsFgs &KFYKsadKaFdKJs jfsL_dslRFgslKsl_jYJs GKsJ_S^Ps_kKdfKFf s lSgRs_^Ks

a N2@PaL;a" +SaV2]@aLZVa\9EEa 59;LP9a V?9a-, a\LZE8a V2D9aL;<a

..*(.6 3,6 (/(.6,*'6 ./,/6 /*6 (.6 /6 3.6 /6

'RKHXYSegesL_cs G_gRs HcKls \K\GKces lKcKs LjYYs _Ls\_cKs S^L_c\FgT_^sgRF^s F^n_^Ks

6 3) /6/-*16/6)/!-6 /- ) )6+-*-'63 /*1/6*)6

BSgRsF ^ sFddFns_LsfK^f_dfsS ^ sgRKsdKFdsfKFg sgRKs894s\_^Sg_dKJs\F^nsS^I_\S^PsfSP^FYfs

BSgRsFYYsgRFgslFesP_S^Ps_^sS ^ sgRKsH_HX`Sg sSgslFesFsl_^JKcs-sKkKcsRFJsFsHRF^HKsg_sY__Xs

&KfSJKfsgRKs98 s&KFYKs%Sds*_dIKs &FfKslFfsR_\Ksg_s@sF^Js>8sFSdIdFLh s /'<7s

%sfKI_^JFdns\SffS_^sL_dsgRKs&KFYKs>s fslFfsg_sFIgsFfsFsIRFfKsF S dIdFLhsL_dsgRKs98s

. a $2 2< +*%1<3$1.6#$< +-%-#<

9_\KgT\KfsIdKlfsGKIF\KsgTdKJsFLhKdsLSkKs_dsfSmsR_jdfs_Lsbj KfgT_^fs-s RFJsg_s dKfgdF S ^ s

1?9P9[9Pa\9a\9JVaV?9a-, a8 P9\a 2a 6PL\8a

Va @Sa2Va2 @ PS?L\SaV?2Va;ZVZP9a;@>?V9Pa N@ELVSa2P9a5LPJa.?@Sa

3_d\FYYn slKsYF^JKJsgRKs9YKJsFgsgRKsfF\KsLSKYJsLd_\slRSIRslKsg__Xs_LNs BKsYF^JKJs

4^s 1FcHRs s   sgRKs98s_LNSHSFYYnsYKLhsgRKs%Scs *_cHKsS^kK^g_cnslSgRsFsLS^FYsMZSPRgs

%YYsgRKs`R_g_PcF `ResS^sgRSesG__XslKcKsgFXK^s GnsgRKsFjgR_csKmHK`gsL_csgRKsL_YY_lS^P!s

BSgRsgRKs\F^nsgR_jeF^Jes_Ls98s`R_g_PcF`Res -kKsgFXK^ s -s F\s_LhK^s FeXKJslRSHRs

($". %. -.  #%+%. . !(%&.

You might also like

-B'1!

C:$C 36-8C8:8:C :C

2 2 L^`ck 'BBcMVGk k

12 &,(2 k

2 2 !Vk /^B\:^:cMYVk k

2 !!2 !Vk /^B\:^:cMYVk k

,''&(+%2 )+2 k

%2 &,+2 k

2 2 ,Vk L`\P:jkk k

- ^ s s -s lFfsfgT YYs S^s RSPRsfIR__Ys>RFgsfF \ K snKFdsgRKs98s &YFIXGSdJs lFfs FYdKFJns

>RKs gRs9gdFgKPSIs8KI_^^FSffF^IKsBS^Ps gRs98B sIFdKLjYYnsfKYKIgKJsSgfs98saSY_gfs

.9VP29V?^Ea LP2J9a@>J@V9Sa )a 2J8a\@V?a2a

'Ja V2D9L;<aPLEEaV?9a -E98a PL2P98a @Ja ;ZEEa2;W9P5ZPJ9PaE@D9aJLaLV?9Pa

Va\2Sa2a V\La I2Ja 2@PNE2J9a < E2P>9aN2PVaL;aV?9aVP2@J@J>a\2Sa89[LV98aVLa

.?9aS@Ia @JSVPZ6VLPa P926?9Sa;LPaV?9a ;2 @EaS\@V6?9Sa9JSZP@J>a

<-%#$3< 233(< -#%- <16-<6- 1<< !6++<,..-<

=RKseKH_^Js RFYLs_LsgRKs98sgcF S^S^Ps`c_PcF\s lFes \_cKsg_s_jcsYSXS^PsgRF^sgRKs

.--%-#<3$ <$ +, 3<3< < %+.3<.-! 12< 8%3$<,.%+ <1 8<

%G_jgs F^s R_jcsGKL_cKsgFXK_LN s lKsl_jYJs HYS\Gs S^g_sgRKsVKgs =RKs \_GSYKsHcKlsRFJs

0@S@VLPSa\9P9aJZI9PLZSa2J8aLJ9a J9[9Pa DJ9\a\?La\LZE8a 59a\2V6?@J>aV?9a SZ@VZNa

-E98a6P9\aPZJSaV?PLZ>?a NP9SV2PVa6?96DE @SVa.?LZ>?aS9N2P2V98a5^aLJE^a2a ;9\a ;99Va 926?a

-E98aV2]@9Sa;PLIa ?2J>2Pa I I 98@2V9E^a V?9aSVPLGJ9PVA2Ea &2[@>2VALJa

$@D9a PL^2Ea 2VW9J82 JVSa JZI9PLZSa

E2S?@J>aE@>?VSa;PLIa -, a2E9PVSa

1%+< 1 !6+ %-#< !1.,< 3$ <

Ja-, a6E92PSa2a V2JD9Pa2J8a>L9SaVLa;ZEEa

-gsLKYgsP__Jsg_sYKkKYs_LNsFgsFYgTgjJKfslRKdKs-s X^Kls-s_l^KJsgRKsfXns -LsF Y Y slFfsl_dXS^Ps

*YnS^PsS ^ sgRKsfaFIKsfjSgslFf^gsFfsj^I_\L_dgFGYKsFfs SgsY__XKJs>RKnslKdKsKLNUISK^gsS ^ s

6 6'6',((.6 6.6',66/6(/6//.6(6

Ja ,-'aSV2 PVSaVLaS?98a V?9a SZ@Va2;W9Pa2a ELJ>a;F>?Va

.?9a VP28@VALJ2Ea ?2J8S?2D9a 2;W9Pa 926?a ;F@>?Va %2J^a VA>?Va

.?9aPZJZNa2P92a @Ja'D@J2\2a-ZJJ^a82^SaE@D9aV?@Sa\9P9a2 E\2^Sa\9E6LI9a

$LJ>a 59;LP9a V?9a 6P9\a 2PP@[98a I4@JY:J2J69a \2Sa

a N2@PaL;a" +SaV2]@aLZVa\9EEa 59;LP9a V?9a-, a\LZE8a V2D9aL;<a

..(.6 3,6 (/(.6,'6 ./,/6 /*6 (.6 /6 3.6 /6

6 3) /6/-16/6)/!-6 /- ) )6+--'63 /1/6)6

&KfSJKfsgRKs98 s&KFYKs%Sds*_dIKs &FfKslFfsR_\Ksg_s@sF^Js>8sFSdIdFLh s /'<7s

%sfKI_^JFdns\SffS_^sL_dsgRKs&KFYKs>s fslFfsg_sFIgsFfsFsIRFfKsF S dIdFLhsL_dsgRKs98s

. a $2 2< +*%1<3$1.6#$< +-%-#<

9_\KgT\KfsIdKlfsGKIF\KsgTdKJsFLhKdsLSkKs_dsfSmsR_jdfs_Lsbj KfgT_^fs-s RFJsg_s dKfgdF S ^ s

1?9P9[9Pa\9a\9JVaV?9a-, a8 P9\a 2a 6PL\8a

Va @Sa2Va2 @ PS?L\SaV?2Va;ZVZP9a;@>?V9Pa N@ELVSa2P9a5LPJa.?@Sa

3_d\FYYn slKsYF^JKJsgRKs9YKJsFgsgRKsfF\KsLSKYJsLd_\slRSIRslKsg__Xs_LNs BKsYF^JKJs

4^s 1FcHRs s sgRKs98s_LNSHSFYYnsYKLhsgRKs%Scs *_cHKsS^kK^g_cnslSgRsFsLS^FYsMZSPRgs

BSgRsgRKs\F^nsgR_jeF^Jes_Ls98s`R_g_PcF`Res -kKsgFXK^ s -s F\s_LhK^s FeXKJslRSHRs

($". %. -. #%+%. . !(%&.