#&'1* 4+ (439*398 25479&39 .3+472&9.43 01:=0 >B4?.3492 :9 D:@= ,;;74,9.0 ',10?D ;=0.,@?4:9> &0,>:9> 1:= /,8,20 &2.1.&7.8.3, >4:78*1+ <.9- 9-* &551.&3(* (30 .:9?=:7 ;,907 (30 3:?;7,?0> &0>4/@,7 30,? 49/4.,?:= &.3 8<.9(- <.9- (-.1)5744+ 14(0 ",49 >B4?.3 347/;=::1 7:.6 440.
#&'1* 4+ (439*398 ,=0 70,9492 27,>> .0=,84. 70,9492 ?30 3:- >@==:@9/ 74(*):7* .3 9-* *;*39 4+ & 2&1+:3(9.43 &(0&,.3, &3) 41) &551.&3(*8 +9*7@8&1*8 8*7;.
25479&39 .3+472&9.43 !*&) 9-*8* .3897:(9.438 (&7*+:11> $97D ,1?0= =0,/G 492 ?30>0 B477 D:@ -0 ,-70 ?: :;0=,?0 ?30 ,;;74,9.0 .:==0.?7D %70,>0 600; ?30 @>0 ,9/ 49>?,77,?4:9 49>?=@.?4:9> 49 , >,10 ;7,.0 1 ?30 ,;;74,9.0 4> ;,>>0/ ?: ,9:?30= ;0=G >:9 ;70,>0 09.7:>0 ?30 49>?=@.?4:9> *+47* 8<.9(-.3, 43 >4:7 &551.&3(* #7&385479 )&2&,* 30.6 D:@= ,;;74,9.0 ,1?0= =08:A492 ?30 ;,.6,2492 1 4? 3,> >@110=0/ ,9D /,8,20 /@=492 ?=,9>;:=? /: 9:? .:990.? ?30 ,;;74,9.0 -@? .:9?,.? ?30 (0.394.,7 '0=G A4.
:A0= ?30 ;,9 B4?3 , 74/ := ;7,?0 4880/4,?07D 'B4?.3 :11 ?30 3:?;7,?0 !0,A0 ?30 :A09B,=0 :9 ?30 3:?;7,?0 ?: .::7 /:B9 49 -4951&9*8 : 9:? ?:@.3 3:? 3:?;7,?0> (30=0 4> , =4>6 :1 -@=9492 347/=09 8@>? -0 60;? ,? , >,10 /4>?,9.0 1=:8 ?30 ,;;74,9.0 (30 =0>4/@,7 30,? 49/4.,?:= B,=9> D:@ ?3,? ?30 3:?;7,?0> ,=0 3:? #0A0= ;7,.0 .:8-@>?4-70 4?08> :9 ?30 3:&4>6 :1 14=0 +:@ 8@>? 9:? 600; ,9D .:8-@>?4-70 4?08> := ,0=:>:7 .,9> 49 , /=,B0= 7:.,?0/ @9/0= ?30 3:- &4>6 :1 14=0 (30 >0=A4.0 .,-70> 1=:8 070.?=4.,7 ,;;74,9.
4<*7 (&'1* 9D B:=6 :9 ?30 ,;;74,9.0 49.7@/492 =0;7,.492 := 14??492 ?30 ;:B0= .,-70 8@>? -0 /:90 -D ?30 (0.394.,7 '0=A4.0> /0;,=?809? !*&8438 +47 )&2&,* "&:(*5&3 &3) 5&3 '&8*8 (30 439*72.99*39 <470.3, :1 ?30 .::6492 E:90> 4> 9:? ?30 =0>@7? :1 ,9D 8,71@9.?4:9 (30D ,=0 B:=6492 ,? ?304= 1@77 ;:B0= B309 >B4?.30/ :9 := :11 1:= 7:924>3 ;0=4:/> :1 ?480 ,..:=/492 ?: ?30 70A07 :1 ;:B0= >070.?0/ (30 :;0=,?492 ?480 4> 7:920= ,9/ ?08;0=,?@=0 2=0,?0= ,? , 34230= ;:B0= 70A07 #0A0= @>0 ?30 3:- 49>?0,/ :1 ?30 64?.
4.1 &3) 51&89.( 7@8494@8 1:47 := ;7,>?4. .:9?,490=> 807? :9 3:? 3:-> $A09 ;=:?0.?4A0 1:47 4> 9:? >@4?,-70 1:= D:@= 3:- =&251*8 4+ 5488.'1* )&2&,* (30 1:77:B492 /,8,20 /:0> 9:? ,110.? ?30 ;0=1:=8,9.0 := >?=092?3 :1 D:@= 3:7*8*3(* 4+ 89&.3> :=80/ -D >;4770/ := 807?0/ >@2,= := 1::/ B4?3 , 3423 >@2,= .:9?09? "(7&9(-*8 @0 ?: >,7? >@2,= 2=,49> :1 >,9/ := 4==02@7,=4?40> 49 ?30 -,>0 :1 ?30 >,@.0;,9> 414:7 1488 .:7:@= .3,920 ?: , 80?,774. >3,/0 /@0 ?: B0,= -D 3:-> := 1=:8 ?30 @>0 :1 49,;;=:;=4,?0 .
&2.1.&7.8.3, >4:78*1+ <.9- 9-* &551.&3(* (34> >0.?4:9 /0>.=4-0> ?30 .:9?=:7 ;,907> 3:?;7,?0> ,9/ /4>;7,D> (30D ,=0 >3:B9 -D ,;;74,9.0 8:/07 (30 49>?=@.?4:9 8,9@,7 ,;;740> ?: A,=4:@> 3:-> $9 ;,20 D:@ B477 149/ ,9 :A0=A40B :1 8:/07> B4?3 /4809>4:9> #-* (439741 5&3*1 !+0 (" %+/,( /" )")+-3 #0* /&+* %" / ."//&*$ 1 5 9 #0* /&+*&*$ 0 -".&!0 ( %" / H h @ ) &* .
#-* -4951&9*8 ".3,1*@(.7(:.9 -4951&9* (30 .::6492 >@=1,.0 >4E0 :1 ?30>0 3:?;7,?0> .,99:? -0 ,7?0=0/ '070.? ?30 .:==0.? 3:?;7,?0 (30 >,@.0;,9 ,9/ 3:?;7,?0 >4E0> >3:@7/ 8,?.3 :&1@(.7(:.9 -4951&9* (30 >4E0 :1 ?30>0 3:?;7,?0> .,9 -0 ,7?0=0/ (30 3:?;7,?0 8@>? -0 >B4?.30/ :9 (: >B4?.3 :9 ?30 :@?0= =492 (:@.3 ?30 >D8-:7 (30 49/4.,?:= 7423? 7423?> @; (: >B4?.3 :11 (:@.3 ?30 >D8-:7 ,2,49 (30 49/4.,?:= 7423? 2:0> :@? 4++** 2&0.3, (34> 3:?;7,?0 4> /0>4290/ ?: ;=0;,=0 := 30,? .:1100 %7,>?4. .
7?3:@23 ?30 3:- 4> >B4?.30/ :11 ?30 49/4.,?:= B477 >?,D 74? B3470 ?30 3:?;7,?0 4> 3:? (30 49/4.,?:= 7423? 2:0> :@? B309 ?30 3:?7,?0 4> 09:@23 .::7 &14,*3 -4951&9* &3) !&5.) 48.9.43 ? ?,60> 5@>? , 10B >0.:9/> 1:= ?30 30,?492 >D>?08 ?: =0,.3 1@77 ;:B0= 49 ?30 3,7:209 3:?;7,?0 *309 ?34> 3:?;7,?0 4> B:=6492 4? ;=:/@.0> ,9 49?09>0 -=423?90>> (30>0 ?D;0> :1 3:?;7,?0> >3:@7/ ?30=01:=0 9:? -0 >?,=0/ ,? 49?09?7D (34> 3:?;7,?0 4> /0>4290/ ?: 30,? ?30 .:9?09?> :1 ?30 .::6B,=0 A0=D <@4.67D (: ,.
&.3 8<.9(- <.9- (-.1)5744+ 14(0 &.3 8<.9('B4?.3 :9 ?30 070.?=:94.> 49 ?30 .:9?=:7 ;,907 @>492 ?30 8,49 >B4?.3 #:B ?30 3:- 4> =0,/D 1:= @>0 "<.9(-.3, 43 (:@.3 ?30 @ >D8-:7 @9?47 ?30 3:?;7,?0 49/4.,?:=> 7423? @; "<.9(-.3, 4++ (:@.3 ?30 @ >D8-:7 @9?47 ?30 3:?;7,?0 49/4.,?:=> 2: :@? 77 3:?;7,?0> ,=0 >B4?.30/ :11 (30 =0>4/@,7 30,? 49/4.,?:= =08,49> 74? @9?47 ?30 3:?;7,?0> 3,A0 .::70/ >@114.409?7D 49*8 (30 3:- >B4?.30> :11 ,@?:8,?4.,77D 41 ,77 ?30 3:?;7,?0> 3,A0 -009 >B4?.30/ :11 1:= 8:=0 ?3,9 >0.
*&(9.;&9.3, 9-* (-.1)5744+ 14(0 +:@ .,9 /0,.?4A,?0 ?30 .347/;=::1 7:.6 ,2,49 %=:.00/ 49 ?30 >,80 8,990= ,> 1:= ,.?4A,?492 ?30 .347/;=::1 7:.6 4(0.3, 9-* -4' 43(*@4++ +:@ .,9 7:.6 ?30 3:- :9 , >49270 :..,>4:9 41 1:= 0C,8;70 >8,77 .347/=09 ,=0 A4>4?492 (30 3:- 8@>? -0 >B4?.30/ :11 (:@.3 ?30 @ 8,49 >B4?.3 1:= 8:=0 ?3,9 >0.:9/> (30 3:?;7,?0 49/4.,?:=> 2: :@? (30 49/4.,?:= 7423?> @; 1:= >0.:9/> ,9/ 2:0> :@? (30 3:- 4> 7:.60/ $314(0.3, 43(*@4++ 14(0.3, (:@.3 ?30 @ 8,49 >B4?.3 1:= 8:=0 ?3,9 >0.
"*99.3,8 (30 3:- 8@>? -0 >B4?.30/ :9 (:@.3 ?30 := >D8-:7 0 17,>30> 49 ?30 49/4.,?:= (:@.3 ?30 := >D8-:7 49 ?30 90C? >0.:9/> (30 -,>4. >0??492 B477 ,;;0,= >D8-:7 30,? >0??492 >D8-:7 30,? >0??492 (: .3,920 ?30 30,? >0??492 (:@.3 ?30 := >D8-:7 @9?47 ?30 /0>4=0/ 30,? >0??492 ,;;0,=> "<.9(-.3, 4++ 9-* -4951&9* (:@.3 ?30 >D8-:7 @9?47 0 ,;;0,=> 1 D:@ 3,A0 >0? , 3423 30,? >0??492 D:@ .,9 ,7>: ?:@.3 ?30 >D8-:7 @9?47 9 ,;;0,=> (:@.
#&'1* (30 1:77:B492 ?,-70 ;=:A4/0> , 10B 0C,8;70> (30 .::6492 ?480 8,D A,=D /0;09/492 :9 ?30 ?D;0 :1 1::/ 4?> B0423? ,9/ <@,74?D 0A4,?4:9> ,=0 ?30=01:=0 ;:>>4-70 %+ +( /" %+ +( /" + /&*$ 0//"- %+*"3 $"( /&*" $ , ' 5 5 5 5 **"! 1"$"/ (". (" - .+0, /%& ' .+0, )&(' $ 5 $ )( 5 (/ )( 5 (/ )( 5 )( 5 5 5 5 ./"2 " $ ("*/&( ./"2 )&(' $ 5 $ )( 5 (/- 5 )&*. 5 )&*.
-+0( !" ,+/ -+ ./ $+0( .% , * '". ( !(" 2 & * , * '". 0/("/ -" !"! ./" ' #&.% #&*$"-. ."-1&*$. '$ $ 5 ,&" ". 5 ,&" ". ,&" ". 5 )&*. 5 )&*. 5 )&*. 5 5 5 5 )&*. )&*. )&*. )&*. 5 5 5 5 )&*. 5 )&*. 5 )&*. 5 5 5 5 +*./ */ -+ ./&*$ 5 )&*. 5 )&*. 5 )&*. +*./ */ !"",5# / #-3&*$ +*./ */ !"",5# / #-3&*$ ! &* 5 (/- +# +&( !"",5#-+4"* #++!. $ ,"- .
#.2*7 +:3(9.43 (34> 1@9.?4:9 .,9 -0 @>0/ 49 ?B: /4110=09? B,D> , 3:?;7,?0 4> ?: >B4?.3 :11 ,@?:8,?4.,77D ,> ,9 ,7,=8 .7:.6 -4951&9* .8 94 8<.9(- 4++ &:942&9.(&11> "*99.3, 574(*):7* 77 3:?;7,?0> /4>;:>0 :1 ?34> 1@9.?4:9 +:@ 09?0= , >;0.414. .::6492 ?480 1:= ?30 /0>4=0/ 3:?;7,?0 *309 ?30 .::6492 ?480 3,> 07,;>0/ ?30 3:?;7,?0 >B4?.30> :11 ,@?:8,?4.,77D '0? ?30 30,? >0??492 :9 ?30 3:?;7,?0 B34.3 4> ?: -0 :;0=,?0/ B4?3 ?30 ?480= 1@9.?4:9 (:@.3 ?30 ,9/ >D8-:7> :1 ?30 ?480= 1@9.
%-*3 9-* (440.3, 9.2* -&8 *1&58*) *309 ?30 .::6492 ?480 3,> 09/0/ ?30 3:?;7,?0 >B4?.30> :11 0 ,;;0,=> 49 ?30 30,? >0??492 49/4.,?:= >429,7 >:@9/> 00 17,>30> 49 ?30 ?480= 49/4.,?:= ,9/ ?30 1 49/4.,?:= 17,>30> -&3,.3, 57*2&9:7*1> (:@.3 ?30 ,9/ >B4?.30> :1 ?30 (480= 1@9.?4:9> ,? ?30 >,80 ?480 +:@ >3:@7/ /: ?34> >0A0=,7 ?480> @9?47 ?30 1 >D8-:7 17,>30> #:B D:@ B477 -0 ,-70 ?: >0? ?30 ?480 B4?3 ?30 := >B4?.30> &3(*11.3, 57*2&9:7*1> (:@.
'070.? ?30 ,7,=8 .7:.6 ?480 B4?3 ?30 := >B4?.30> 'B4?.3 ?480 849@?0> 'B4?.3 ?480 849@?0> 1 D:@ B,9? ?: .3,920 ?30 ?480 ?:@.3 ?30 ,9/ >B4?.3 := @9?47 ?30 =0<@4=0/ ?480 4> /4>;7,D0/ 1:= 0C,8;70 849@?0> 1?0= , 10B >0.:9/> ?30 =0<@4=0/ ?480 B477 -0 >0? (30 >D8-:7 ,9/ ?30 ,7,=8 .7:.6 ?480 1:= 0C,8G ;70 849@?0> B477 7423? @; 49 ?30 ?480= 1@9.?4:9 49G /4.,?:= (30 ,7,=8 .7:.6 ?480 B477 -0 A4>4-70 #-* &1&72 (14(0 9.2* -&8 5&88*) +:@ B477 30,= , 3423 ;4?.
*247> +:3(9.43 +:@ .,9 @>0 ?30 808:=D 1@9.?4:9 ?: >?:=0 ?30 30,? >0??492> ,9/ ?480> 1:= :90 80,7 B34.3 .,9 -0 .,770/ @; ,2,49 ,? ,9D ?480 ? 4> >09>4-70 ?: @>0 ?30 808:=D 1@9.?4:9 41 D:@ =0<@4=0 >0A0=,7 /4110=09? 30,? >0??492> 49 :=/0= ?: ;=0;,=0 , 80,7 ,9/ 41 ?30=0 4> , 80,7 B34.3 D:@ .::6 ;,=?4.@7,=7D :1?09 (30 .:9/4?4:9> 8@>? ,7B,D> -0 ?30 >,80 ,> B309 D:@ >?:=0/ ?30 >0??492> B309 ;=0;,=492 ?30 /4>3 0 2 ?30 >,80 ;,9 ?30 >,80 <@,9?4?D ,9/ ?30 >,80 494?4,7 ?08;0=,?@=0 :1 ?30 /4>3 "947.3, 9-* 8*99.
*309 D:@= 80,7 4> =0,/D >B4?.3 :11 ?30 3:?;7,?0 49*8 (30 .::6492 0A09? 4> >?:=0/ 1 D:@ >0? 8:=0 ?3,9 30,? >0??492> 1:= D:@= /4>3 ≡≡F17,>30> 49 ?30 ?480= 49/4.,?:= ,9/ ≡ 17,>30> 49 ?30 3:?;7,?0 49/4.,?:= (30 1:77:B492 30,? >0??492> ,=0 9: 7:920= /4>;7,D0/ (30 ?480= 49/4.,?:= 2:0> :@? B309 D:@ ?:@.3 ,9D ?480= 1@9.?4:9 .:9?=:7 ;,907 +:@ .,9 1494>3 .::6492 ?30 /4>3 ,> D:@ B4>3 1 D:@ =0.:=/ 8:=0 ?3,9 849@?0> 99 17,>30> 49 ?30 ?480= 49/4.,?:= ,9/ ≡ 17,>30> 49 ?30 3:?;7,?0 49/4.
"9&79.3, 9-* 2*247> +:3(9.43 1?0= ,77 ?30 >?0;> 3,A0 -009 /4>;7,D0/ ?30 808:=D ;=:2=,8 >?,=?> (30 3:?;7,?0 30,?> @; (30 F3:?;7,?0 49/4.,?:= ,9/ ?30 1 ?480= 1@9.?4:9 49/4.,?:= ,=0 .:9>?,9?7D 74? (30 .@==09? >0??492 4> /4>;7,D0/ 49 ?30 3:?;7,?0 49/4.,?:= (30 /@=,?4:9 :1 ?30 B3:70 .::6492 0A09? .:@9?> /:B9 49 ?30 ?480= 49/4.,?:= +:@ .,9 .,77 @; ?30 =08,49492 30,? >0??492> ,9/ ?30 =0>;0.?4A0 .::6492 ?480> B3470 ?30 808:=D ;=:2=,8 4> =@99492 (:@.3 ?30 ,9/ ?480= 1@9.?4:9 >D8-:7> ,? ?30 >,80 ?480 (:@.
!&5.) 57* -*&9.3, (34> 1@9.?4:9 .,9 -0 @>0/ B309 D:@ B,9? ?: 30,? >:80?3492 @; ?: ?30 8,C48@8 ?08;0=,?@=0 <@4.67D ,9/ ?309 >B4?.3 ?: , >?0,/D 7:B0= ?08;0=,?@=0 ,@?:8,?4.,77D 4< 94 574,7&2 =&251* >4: <&39 94 :8* 9-* 54<*7 1*;*1 &8 9-* 14<*7 89*&)> 9*25*7&9:7* 77 ?30 3:?;7,?0> ,=0 14??0/ B4?3 ?34> 1@9.?4:9 ,==D :@? ?30 1:77:B492 >?0;> '070.? ?30 3:?;7,?0 ,9/ ?30 ;:B0= 70A07 ?3,? D:@ B,9? ?: @>0 0 2 (:@.
:942&9.( 9.2* 1.2.9*7 1 , 3:?;7,?0 4> 49 .:9>?,9? @>0 1:= , 7:92 ?480 B4?3:@? ?30 >0??492 -0492 .3,920/ ?30 ,@?:8,?4. ?480 7484?0= B477 -0 ,.?4A,?0/ (30 3:?;7,?0 30,?492 4> 49?0==@;?0/ 9 F ,9/ ,9 8 17,>3 ,7?0=9,?07D 49 ?30 3:?;7,?0 49/4.,?:= (30 49/4.,?:= 2:0> :@? B309 D:@ ?:@.3 ,9D .:9?=:7 ;,907 #:B D:@ .,9 =0>0? ?30 3:?;7,?0 (30 ?480 ,? B34.3 ?30 ?480 =0>?=4.?4:9 4> ,.?4A,?0/ /0;09/> :9 ?30 30,? >0??492 ?: 3:@=> "<.9(-.3, 4++ .35:9 (43+.72&9.43 >3:=? -@EE .:914=8> ?3,? , -@??:9 3,> -009 ?:@.
&7* &3) (1*&3.3, : 9:? @>0 3423 ;=0>>@=0 .70,90=> := >?0,8 50?> &7* 70,9 D:@= 3:- @>492 , ;=:?0.?4A0 .,=0 ;=:/@.? 1:= 27,>> .0=,84. ? .:,?> ?30 .::6492 >@=1,.0 B4?3 , 27:>>D /4=?G=0;07709? 1478 +:@= 3:- B477 .:9?49@0 ?: 7::6 2::/ 1:= , 7:92 ?480 ? 8,60> .70,9492 0,>40= 1*&3.3, ,1&88 (*7&2.( 70,9 ?30 3:- ,1?0= 0,.3 @>0 (34> ;=0A09?> 1::/ 1=:8 -0492 -@=9? 49?: ?30 3:- >@=1,.0 1*&3.3, &,*398 $97D @>0 .70,9492 ,209?> B34.3 ,=0 >@4?,-70 1:= 27,>> .0=,84. 0 2 & ! # .0=,G14C '4/:7 1:= .
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
#-* -4' -&8 8<.9(-*) .98*1+ 4++ (30 8,49 >B4?.3 B,> ?:@.30/ 49,/A0=?09?7D 'B4?.3 ?30 3:- -,.6 :9 /5@>? ?30 >0??492> ,2,49 #-* (.7(:.9 '7*&0*7 .3 >4:7 -4:8*-41) *1*(97.(&1 (.7(:.9 97.58 <-*3 >4: 8<.9(- 43 9-* -4' ",60 >@=0 ?3,? ?30 ;:B0= /=,B :1 ,77 ?30 ,;;74,9.0> >B4?.30/ :9 /:0> 9:? 0C.00/ D:@= 8,C48@8 3:@>03:7/ 070.?=4.4?D >@;;7D 30.6 B30?30= ?30 .4=.@4? -=0,60= ?=4220=> B309 D:@ >B4?.3 :9 ,9:?30= 3:?;7,?0 !*5&.78 !*5&.78 2&> 431> '* (&77.*) 4:9 '> 97&.3*) (:8942*7 8*7;.(* 5*78433*1 9.:==0.
U400 %" ++'&*$ %+ &. *+/ 2"(( +**" /"! &. +**" / /%" ++'&*$ %+ #-+) /%" ) &*. %" ' /%" +**" /&+* *! +**" / &/ $ &* +--" /(3 # /%" &*!& /&+* +*/&*0". *+/ /%" /" %*& ( ..&./ * " ."-1& " &(0&,.3, &3) 41) &551.&3(*8 .8548.3, .3 &3 *3;.7432*39&11>@ 7*85438.'1* 2&33*7 )9;,.6 ?30 ,;;74,9.0 ,9/ /4>;:>0 :1 ?30 ;,.6,2492 49 ,9 09A4=:9809?,77DG=0>;:9>4-70 8,990= (34> ,;;74,9.0 4> 8,=60/ ,..:=/492 ?: ?30 @=:;0,9 /4=0.?4A0 :9 *,>?0 70.?=4.,7 ,9/ 70.