)12<5 ?6 ?>D5>DC 569>9D9?>C "%$') #) ( ). #()'* ) $#( +(.' "' "',-+. -"(', #() !! ) $# #()'* ) $#( "BHFC8I7H=CB "B:CFA5H=CB 7CB79FB=B; K5GH9 8=GDCG5@ 9:CF9 =BGH5@@=B; H<9 8FM9F @97HF=75@ 7CBB97H=CB 55 7CBB97H=CB L<5IGH 5=F 7CBB97H=CB 779GGCF=9G "BGH5@@5H=CB r GH9D 6M GH9D <97? @=GH 69:CF9 IG=B; H<9 8FM9F )F9D5F=B; HC HF5BGDCFH H<9 8FM9F r GH9D 6M GH9D $% ' ) # #()'* ) $#( 2CIF B9K 8FM9F )5B9@ (E==1BI ?6 9>CDBE3D9?>C (165DI 9>6?B=1D9?> 9:CF9 GK=H7<=B; CB H<9 8FM9F .
CB;F5HI@5H=CBG CB <5J=B; G9@97H98 5 CG7< 7@CH<9G 8FM9F H<9 7
C BCH F957< =BHC H<9 5DD@=5B79 =: H<9 8FIA =G FCH5H=B; C BCH =BGH5@@ CF GHCF9 H<=G 5DD@=5B79 K<9F9 =H K=@@ 69 9LDCG98 HC H<9 K95H<9F C BCH H5AD9F K=H< H<9 7CBHFC@G C BCH F9D5=F CF F9D@579 5BM D5FH C: H<9 5DD@=5B79 CF 5HH9ADH 5BM G9FJ=79 IB@9GG GD97=:=75@@M F97CAA9B898 =B H<9 IG9FqA5=BH9B5B79 =BGHFI7H=CBG CF =B DI6@=G<98 IG9F F9D5=F =BGHFI7H=CBG H<5H MCI IB89FGH5B8 5B8 <5J9 H<9 G?=@@G HC 75FFM CIH C BCH IG9 :56F=7 GC:H9B9FG CF DFC8I7HG HC 9@=A=B5H9 GH5H=7 IB@9GG F97CAA9B898 6M H<9 :56F=7 A5BI:
, '# # "ADFCD9F 7CBB97H=CB C: H<9 9EI=DA9BH ;FCIB8=B; 7CB8I7HCF 75B F9GI@H =B 5 F=G? C: 9@97HF=7 G
"BGH5@@ H<9 8FM9F 5B8 @9J9@ G=89 HC G=89 5B8 :FCBH HC 657? .
1C 3?>>53D9?> , '# # LD@CG=CB <5N5F8 .
H81ECD F5>D 8??4 -<9 9L<5IGH 8I7H AIGH 9B8 K=H< 5B 5DDFCJ98 9L<5IGH J9BH
!% 1C 9D !56D 89>75 ;9D D5FH BC ,)/ :CF 5@@ 8FM9FG 9L79DH G=@J9F 5B8 8IC HCB9 G=@J9F D5FH BC ,)/ ( :CF G=@J9F 5B8 8IC HCB9 G=@J9F 8FM9FG -<9 8CCF 75H7< 75B 69 F9J9FG98 =: B979GG5FM -<9 8CCF =G <=B;98 CB H<9 F=;D9>7 9D D5FH BC ,)/ -<9 D5FHG F9EI=F98 :CF H<9 %) J9FG=CB 75B 69 C6H5=B98 :FCA MCIF @C75@ 895@9F )@95G9 :C@@CK H<9 =BGH5@@5H=CB =BGHFI7H=CBG GIDD@=98 6M H<9 5DDFCDF=5H9 A5BI:57HIF9F ": MCI <5J9 5 DFCD5B9 ;5G 8FM9F 5B8 B998 HC 7CBJ9FH =H HC B5HIF5@ ;5G ,9FJ=
853; <9CD 256?B5 EC9>7 D85 4BI5B <97? H<5H GH9DG <5J9 699B =AD@9A9BH98 DFCD9F@M BGIF9 H<5H H<9 8FM9F =G 7CBB97H98 HC H<9 DCK9F GIDD@M (D9B H<9 G
$% ' ) # #()'* ) $#( .
?>DB?< %1>5< (D1BD (D?@ 2EDD?> ,H5FHG =BH9FFIDHG 5B8 9B8G H<9 8FM=B; DFC79GG EDD?>C 6?B $@D9?>C =B 588=H=CB HC H<9 DFC;F5A =: F9EI=F98 ,99 D5;9 45<931D5C 1< B 57CIGH=7 G=;B5@ =B8=75H9G H<9 9B8 C: H<9 DFC;F5A 9C@<1I "B8=75H9G H<9 9GH=A5H98 F9A5=B=B; H=A9 C: DFC;F5AG C 1> >4931D?B ,9FJ9G 5G 5 F9A=B89F HC 7@95B H<9 @=BH :=@H9F %B
(5<53D9>7 1 @B?7B1= (E==1BI ?6 9>CDBE3D9?>C *C9>7 D85 4BI5B B13; $@D9?> C55 @175 *) $# 9:CF9 IG=B; MCIF 8FM9F F958 5B8 :C@@CK 5@@ =BGH5@@5H=CB 5B8 CD9F5Hq =B; =BGHFI7H=CBG %B5@1B9>7 D85 4BI5B 8??C5 1> ?@D9?> i <97? H<9 @=BH :=@H9F -<9 :=@H9F G4 CD1BD D85 4BI5B (G9D38 ?66 D85 4BI5B
*C9>7 D85 4BI5B (165DI 9>6?B=1D9?> , '# # @K5MG :C@@CK H<9 "&)(+- ', -2 "',-+.
'57E<1B ?DD?> $( #($' )F9GG H<9 9@=75H9G @CK H9AD 6IHHCB :CF H9AD9F5HIF9 G9BG=H=J9 H9LH=@9G (6G9FJ9 H<9 75F9 =B:CFA5H=CB CF GMA6C@G CB H<9 H9LH=@9G -<9 H9AD9F5HIF9 C: H<9 8FM=B; DFC79GG =G F98I798 H<9 8FM=B; H=A9 =G 9LH9B898 !1E>4BI 45>D96931D9?> ?6 612B93C (6G9FJ9 H<9 HF95HA9BH GMA6C@G CB H<9 H9LH=@9 @569@G -<9M DFCJ=89 J5@I56@9 =B:CFA5H=CB 5G K9@@ 5G @=A=H5H=CBG 56CIH H<9 8FM=B; DFC79GG C BCH 8FM H<9 :C@@CK=B; H9LH=@9G =B H<9 8FM9F =FqH=;
%B?7B1= C5<53D9?> D12<5 10+) 0'! ,.+%. )/
i -<9 ,H5FH ,HCD =B8=75HCF @=; GH5FHG :@5G<=B; i -<9 DFC;F5A GH5FHG K=H< 5B *C9>7 D85 4BI5B (D9B H<9 8CCF )F9GG H<9 Q(D1BD ,HCD 6IHHCB -<9 Q,H5FH ,HCD =B8=75HCF @=;
q +9ACJ9 =BGC@9G 5B8 <99@ D58G @95B H<9 :=@H9F -<9 :=@H9F G7 D85 4BI5B B13; $@D9?> C55 @175 .
1*".5 05,# #-1'.#" ".5'*% 0')# )56; D<<92; =B99
-<=G 89DCG=H 75B 95G=@M 69 F9ACJ98 6M K=D=B; H<9 G9BGCFG H<9 HKC 65FG B9LH HC H<9 @=BH :=@H9F K=H< 5 7@CH< 5B8 5 @=HH@9 K<=H9 J=B9;5F .G9 K<=H9 J=B9;5F CB@M @95B H<9 AC=GHIF9 G9BGCF CB79 5 ACBH< <51>9>7 D85 251B9>7 C895<4 (J9F H=A9 :@I:: :FCA H<9 8FM=B; DFC79GG 7C@@97HG =B H<9 695F=B; G<=9@8 )B?E2<5C8??D9>7 , '# # -( /(" +",$ ( % -+" % ,!( $ -( /(" 1)%(,"(' ! 3 + +9D5=FG CF F9D@579A9BH C: D5FHG A5M 69 75FF=98 CIH 6M 5IH
24?22 <3 1?F6;4 5.@ ;
() ) " #) $ , '' #) ( $( !$) ( '. '( -<9 K5FF5BH=9G DFCJ=898 6M ,! !CA9 DD@=5B79G 44 CG7< =B H<=G ,H5H9A9BH C: 05FF5BH=9G 5DD@M CB@M HC CG7< @CH<9G 8FM9FG GC@8 HC H<9 :=FGH IG=B; DIF7<5G9F 6M CG7< CF =HG 5IH
)12<5 45C =1D9TB5C U69>9D9?>C #()'* ) $#( (M *' )M "%$') #) ( "BGHFI7H=CBG 89 A=G9 ` @5 H9FF9 >CDBE3D9?>C 4 9>CD1<<1D9?> "BHFC8I7H=CB "B:CFA5H=CBG GIF @5 A=G9 5I F96IH J5BH 8 =BGH5@@9F @9 Gd7<9q@=B;9 F5B7<9A9BH e@97HF=EI9 F5B7<9A9BH 8I ;5N +577CF89A9BH 8I 7CB8I=H 8 e7<5DD9A9BH 779GGC=F9G "BGH5@@5H=CB D5G ` D5G <97?q@=GH DFe5@56@9 ` @ 9AD@C= 8I Gd7<9q@=B;9 )FeD5F5H=CB D5G ` D5G 5I HF5BGDCFH 8I Gd7<9q@=B;9 #()'* ) $#( *) ! ( ) $# )FeG9BH5H=CB 89 JCHF9 BCIJ95I Gd7<9q@=B;9 %9 65B895I 89 7CAA5B89
/CIG J9B9N 8 57<9H9F IB Gd7<9q@=B;9 CG7< 9H BCIG JCIG 9B :e@=7=HCBG /CIG J9B9N 89 :5=F9 @9 AfA9 7
#()'* ) $#( (M *' )M "%$') #) ( /9I=@@9N @=F9 HCIH9G @9G =BGHFI7H=CBG :=;IF5BH 85BG 79HH9 BCH=79 5J5BH 8 IH=@=G9F @9 Gd7<9q@=B;9 @5 @=JF5=GCB @9G Gd7<9q@=B;9 CG7< GCBH 577CAD5;Be9G 8 IB9 BCH=79 8 IH=@=G5H=CB 89 A5=BH9B5B79 9H 8 =BGH5@@5H=CB '9 :5=H9G D5G Ge7<9F 89 D=d79G 89 @=B;9 EI= CBH eHe DFe5@56@9A9BH B9HHCMe9G @5Je9G 9H H57
@9 F577CF89A9BH ` @5 H9FF9 G9 7CB:CFA9 ` HCIG @9G 5FFfHeG AIB=7=D5IL 9H CI @9G 5IHF9G Fd;@9A9BHG 9H 9L=;9B79G 5DD@=756@9G -CIH A5BEI9A9BH ` =BGH5@@9F 9BHF9H9B=F 9H CI :5=F9 A5F7<9F @9 Gd7<9q@=B;9 9B 7CB:CFA=He 5J97 @9G =BGHFI7H=CBG 8I :56F=75BH D9IH DFCJCEI9F 89G 8CAA5;9G 7CFDCF9@G 9H CI 89G 8e;bHG A5HeF=9@G + #) " ))' ! %% ' ! $'( ( '+ $* * ' *) ' ) ' / ! %$') * $"% ') " #) ( )CIF eJ=H9F 8 9B8CAA5;9F @9 GC@ CI @5 DFC@=:eF5H=CB 89 AC=G=GGIF9G B9 @5=GG9N D5G @ 95I FeD5B8I9
)CIF 7CBB5hHF9 @9G 7=F7I=HG 89 A=G9 5I F96IH J9I=@@9N 7CBGI@H9F JCHF9 F9J9B89IF CI @9G G9FJ=79G 7CADeH9BHG 89 JCHF9 A5=F=9 9 Gd7<9q@=B;9 5 eHe @=JFe 9B H5BH EI 5DD5F9=@ 7CAD@9H /CIG HFCIJ9F9N @5 BCH=79 8 IH=@=G5H=CB 9H @9G 5779GGC=F9G 8 CF=;=B9 85BG @9 H5A6CIF "9C5 1E B52ED 45 < 1@@1B59< !95E 4 9>CD1<<1D9?> + ') (( ] " #) ,= @ 5DD5F9=@ B9 8C=H D@IG >5A5=G G9FJ=F 8e6F5B7<9N G5 :=7<9 Ab@9 89 @5 DF=G9 89 7CIF5BH 7CID9N GCB 7CF8CB 8 5@=A9BH5H=CB 9H >9H9Nq@9 5J97 @5 :=7<9 Ab@9 )CIF 9ADf7<9F EI9 8
'9 AC8=:=9N >5A5=G @5 :=7<9 Ab@9 :CIFB=9 5J97 @ 5DD5F9=@ ,= 9@@9 F9:IG9 89 F9BHF9F 85BG @5 DF=G9 :9A9@@9 :5=H9Gq9B =BGH5@@9F IB9 5DDFCDF=e9 D5F IB e@97HF=7=9B 5;Fee CI F9AD@579N @9 7CF8CB D5F IB 5IHF9
G=;B5@eH=EI9 9@@9qAfA9 G=HIe9 89FF=dF9 @5 DCFH9 5I 65G 89 @ CF=:=79 ,= @9G =B:CFA5H=CBG :=;IF5BH GIF @5 D@5EI9 G=;B5@eH=EI9 B9 7CB7CF89BH D5G 5J97 @9 HMD9 89 ;5N 8=GDCB=6@9 J9I=@@9N 7CBH57H9F JCHF9 F9J9B89IF CI BCHF9 eEI=D9 8I G9FJ=79 5DFdGqJ9BH9 JC=F D5;9 ?>4E9D5 4 1<9=5>D1D9?> 5> 71J 'CIG F97CAA5B8CBG @ 9AD@C= 8 IB9 7CB8I=H9 :5=G5BH 89 8=5AdHF9 =BHeF=9IF %9G 7CB8I=H9G 89 GCBH 58A=G9G 5IL 7CB8=H=CBG GI=J5BH9G @5 7CB8I=H9 8C=H :5=F9 AC=BG 89 D=98G 89 @CB; A G= @5 Fe;@9A9BH5H=CB @C
,IF @5 :579 =B:eF=9IF9 89 @ 5DD5F9=@ Z $?63602 12 @
335CC?9B5C /CIG DCIJ9N JCIG DFC7IF9F @9G D=d79G F9EI=G9G D5F @9 GMGHdA9 8 e7<5DD9A9BH 8 5=F 5IDFdG 8I G9FJ=79 5DFdGqJ9BH9 CI 89 JCHF9 F9J9B89IF @C75@ /9I=@@9N G J D F9GD97H9F @9G =BGHFI7H=CBG 89 DCG9 :CIFB=9G D5F @9 :56F=75BH 7CB79FBe 9D 45 C?BD95 @1B <5 3ZDU 'T 89 Fe: ,)/ '5=1BAE5 %9 BCA6F9 A5L=A5@ D9FA=G 89 7CI89G ` T M 7CADF=G 79@I= :CFAe D5F 79 ?=H 89 GCFH=9 @5HeF5@9 9GH 89 EI5HF9 i %9 8e7CID5;9 8I HFCI 85BG @9 D5BB95I @5HeF5@ DFeD5Fe ` 79H 9::9H F9EI=9FH IB CIH=@ GDe7=5@ CBH57H9N JCHF9 F9
CB:=9N @9 F577CF89A9BH 89 @ 5@=A9BH5H=CB 9B ;5N ` IB H97
#()'* ) $#( *) ! ( ) $# %BUC5>D1D9?> 45 F?DB5 >?EF51E CT385]<9>75 $EFB5J <1 @?BD5 B5@TB5 5> 3?E<5EB @E9C 65B=5J <1 9 21C P 71E385 4E C538U]<9>75 5CD BUC5BFU5 1E @5BC?>>5< 4 5>DB5D95> <<5 >5 4?9D VDB5 ?EF5BD5 AE5 @1B E> D538>9395> 4 5>DB5D95> 17BUU ?E AE1<969U
!5 21>451E 45 3?==1>45 ?ED?> (D1BD %1EC5 9 6CIHCB G9FH ` :5=F9 8eA5FF9F ` =BH9FFCADF9 9H ` A9HHF9 :=B 5I DFC79GGIG 89 Ge7<5;9 ?ED?>C 45C ?@D9?>C 79G CDH=CBG J=9BB9BH 7CAD@eH9F IB DFC;F5AA9 G= JCIG @9 GCI<5=H9N /C=F D5;9 5<931D5C 1< ,=;B5@ .
(U<53D9?> 4 E> @B?7B1==5 'UCE=U 45C 9>CDBE3D9?>C *D9<9C1D9?> 4E D9B?9B 45 CU38175 335CC?9B5 F?9B @175 %'* # J5BH 8 IH=@=G9F JCHF9 Gd7<9q@=B;9 J9I=@@9N @=F9 9H F9GD97H9F HCIH9G @9G =BGHFI7H=CBG 8 =BGH5@@5H=CB 9H 8 IH=@=G5H=CB %BU@1B1D9?> 4E CT385]<9>75 8?9C9B E>5 ?@D9?> i /eF=:=9N @9 :=@HF9 ` D9@I7<9G "@ :5IH B9HHCM9F @9 :=@HF9 5DFdG 9H 5J5BH 7<5EI9 Ge7<5;9 5D 619B5 4U=1BB5B <5 CT385]<9>75 D59>4B5 <5 CT385]<9>75
*D9<9C1D9?> 4E CT385]<9>75 >6?B=1D9?>C 45 CU3EB9DU + ') (( " #) +9GD97H9N HCI>CIFG @9G "',-+. -"(', ,Z .
U2B1>385]=5>D D5=@?B19B5 4E CT385]<9>75 '9 :5=H9G A5F7<9F JCHF9 Gd7<9q@=B;9 EI9 D9B85BH EI9 JCIG JCIG HFCIJ9N ` JCHF9 8CA=7=@9 B DFeJ=G=CB 8 IB 8eD5FH 9B J575B79G CI G= JCIG 89J9N B9 D5G IH=@=G9F @9 Gd7<9q@=B;9 D9B85BH IB9 DeF=C89 DFC@CB;e9 JCIG 89JF9N +5A9B9F @9 8=G>CB7H9IF 9B DCG=H=CB eH9=BH9 9FA9N @9 FC6=B9H 89 ;5N e6F5B7<9F @5 :=7<9 Ab@9 89 @5 DF=G9 89 7CIF5BH G= DCGG=6@9 '9HHCM9F @9 :=@HF9 ` D9@I7<9G !9>75 UD5B=9>1D9?> 45 <1 >1DEB5 4E D9CCE /9I=@@9N F9GD97H9F @9G GMA6C@9G 89 HF5=H9A9BH :
(97>1< ,=;B5@ GCBCF9 /CHF9 Gd7<9q@=B;9 eA9H 8=::eF9BHG G=;B5IL G= JCIG 5J9N 5DDIMe GIF @9 6CIHCB S,=;B5@U '%* ( 5,# Q=.?A (64;.9 /?23 6; (Q>B2;02 12 A<;@ 0B2;02 12 A<;@ 9<;4@ (Q>B2;02 12 A<;@ 9<;4@ i %9 G=;B5@ S5@5FA9 89 8eF5B;9A9BHU :CB7H=CBB9 85BG HCIG @9G 75G >4931D5EB 45 4UB?E<5=5>D 4E @B?7B1==5 %9 Gd7<9q@=B;9 IH=@=G9 IB GMGHdA9 89 G75BBeF=G5H=CB e@97HFCB=EI9 85BG HCIG @9G DFC;F5AA9G 9L79DHe @9G DFC;F5AA9G ` 8IFe9 Fe;@56@9 .
*D9<9C1D9?> *D9<9C1D9?> 4E CT385]<9>75 A9B9N @9 DFC;F5AA5H9IF GIF @9 DFC;F5AA9 JCI@I @ 5=89 8I H56@95I 89 Ge@97H=CB 7
:FC=GG9F %9 @=B;9 F9DCG9 BCB H5GGe 9H 6=9B 8e:CI@e 85BG @9 H5A6CIF >IGEI ` 79 EI9 JCIG @ 9B@9J=9N "@ :5I8F5=H F9H=F9F @9 @=B;9 5I D@IG H5F8 IB9 :C=G 79HH9 DeF=C89 e7CI@e9 %'* # '9 :5=H9G Ge7<9F EI IB JfH9A9BH CI IB9 D5=F9 89 7<5IGGIF9 ` @5 :C=G 7<5F;9 A5L=A5@9 89 @=B;9 G97 @6G ?; "@ :5IH EI9 @9 @=B;9 5=H eHe 9GGCFe '9 Ge7<9N EI9 89G 7<5IGGIF9G DFe5@56@9A9BH @5Je9G %9 @=B;9 B9 8C=H D5G HCI7<9F @9 H5A6CIF 75F =@ DCIFF5=H G9 7C=B79F 9H fHF9 9B8CAA5;e D5F @9 H5A6CIF DFdG 5JC=F IH=@=Ge @9 H=FC=
q +9H=F9N @9G G9A9@@9G =BHeF=9IF9G 9H @9G H5@CBB9HH9G 8?9C9CC5J E> @B?7B1==5 P 4EBU5 4U69>9CC12<5 A9B9N @9 DFC;F5AA5H9IF GIF S-=A9 8FM A=BU ,e7<5;9 ` 8IFe9 Fe;@56@9 A=B ,e@97H=CBB9N @5 8IFe9 89 Ge7<5;9 ` D5FH=F 8I H56@95I GI=J5BH 9B F9GD97H5BH @9 HMD9 89 @=B;9 )@579N @9G 7<5IGGIF9G GIF @9 D5B=9F q =F97H9A9BH GIF @9 H=FC=F 89 Ge7<5;9 CI 5,# "# ('*%# 1.># "# />!& %# %B99
,= IB G=;B5@ 8 5@5FA9 9H IB A9GG5;9 5J9FH=GG9A9BH GCBH dA=G D9B85BH IB DFC;F5AA9 89 Ge7<5;9 B9HHCM9N @9 :=@HF9 =AAe8=5H9A9BH 9H JeF=:=9N @9 7CB8I=H 8 97<5DD9A9BH i %9 DFC;F5AA9 G =BH9FFCADH 5IHCA5H=EI9A9BH H9=;B9N @9 Gd7<9q@=B;9 +5A9B9N @9 DFC;F5AA5H9IF GIF S(::U %'* # % =BHeF=9IF 89 @5 DCFH9 G e7<5I::9 D9B85BH @9 Ge7<5;9 (IJF9N @5 DCFH9 #5DD?I175 4E 3?>4E9D 4 U381@@5=5>D "BGD97H9N 9H B9HHCM9N @9 7CB8I=H 8 e7<5DD9A9BH 5I AC=BG IB9 :C=G D5F 5B DCIF 9ADf7<9F EI =@ B9 G9 6CI7<9 .
UB1>75=5>D 5D B5=T45C + ') (( " #) )(. /"- + +",*. !( )(. /"- + % -+"*. +",*. 1)%(,"(' %9G FeD5F5H=CBG 9H @9 F9AD@579BH 89 D=d79G GCBH 89G CDeF5H=CBG FeG9FJe9G IB=EI9A9BH ` 89G H97
.+ (=)# ! Q09.6?.42 1B A.:/B2 !2 0964;
! ' ) $# ( ' #) ( ( ]! # $( %9G ;5F5BH=9G :CIFB=9G D5F ,! !CA9 DD@=5B79G 7=q5DFdG 8eBCAAe S CG7
N>4935 569>939?>5C #()'* $# ( "%$') #) ( ( *' "',-+. "(' , ) + % ).
%C :9@=7=H5ACG DCF <569F G9@977=CB58C IB G9758CF 89 FCD5 CG7< EI9 9@=;9B HC8CG 5EI9@@CG EI9 F9EI=9F9B IB F9B8=A=9BHC 9L79D7=CB5@ 9B GIG G9758CF 89 FCD5 @ G9758CF 7IAD@9 7CB @5 BCFA5 '," 3 q ,9758CF9G 89 FCD5 /C@ .BC 89 @5G 75F57H9FgGH=75G :IB85A9BH5@9G 89 GI G9758CF 9G 9@ 65>C 7CBGIAC 89 9B9F;g5 .
#()'* $# ( "%$') #) ( ( *' %95 HC85G @5G =BGHFI77=CB9G 5BH9G 89 IH=@=N5F 9@ G9758CF %CG G9758CF9G CG7< G9 9BHF9;5B 7CB =BGHFI77=CB9G 89 A5B9>C 7I=858C 9 =BGH5@57=jB 'C G9EI9 DF9B85G EI9 5BH9F=CFA9BH9 <5M5B G=8C @=AD=585G @5J585G F9AC>585G C G9 @9 <5M5B EI=H58C @5G A5B7<5G 7CB ;5GC@=B5 @=AD=58CF9G 9B G97C GC@J9BH9G CHFCG DFC8I7HCG =B:@5A56@9G C 9LD@CG=J5G 89 @5G 7I5@9G DI985B 89GDF9B89FG9 J5DCF9G EI9 DI985B 9B79B89FG9 C 9LD@CH5F 'C D9FA=H5 EI9 @CG B=iCG >I9;I9B 9B
5;I5 G9 57IAI@9B 5@F9898CF C 8965>C 89@ G9758CF 'C 8969B =BGH5@5FG9 CHFCG 9EI=DCG 89 IGC 8CAeGH=7C EI9 :IB7=CB9B EI9A5B8C 7CA6IGH=6@9G 9B 9@ A=GAC 5A6=9BH9 9GACBH5B8C 7I5@EI=9F 89 @CG D5B9@9G =B7@IM9B8C 9@ D5B9@ 89 A5B9>C F98CB8C I6=758C 9B 9@ :F9BH9 DI989B EI985F 9LDI9GH9G 75BHCG M DIBHCG :=@CGCG 7CB9L=CB9G 9@e7HF=75G M GID9F:=7=9G 75@=9BH9G #?D1C %5G "',-+. "(' , "&)(+- '- , , .
5C538? 45 5<53DB?4?=UCD93?C + ') #] B @CG 5FH9:57HCG EI9 G9 J5B 5 DCB9F :I9F5 89 G9FJ=7=C 89G7CB97H9 9@ 9B7IBHC 7CB 9@ 9B7I;5F G9 DCB;5B 9B D9@=;FC 5@ EI985F 5HF5D58CG 5G9;IF5FG9 89 EI9 9@ A975B=GAC 89 7=9FF9 89 @5 DI9FH5 9GHe 89G57H=J58C C 89GACBH9 @5 DI9FH5 R%CG 9@97HFC8CAeGH=7CG J=9>CG BC GCB 65GIF5 )I989B IH=@=N5FG9 A5H9F=5G DF=A5G J5@=CG5G 9B IB F97=7@58C 5897I58C 5@ A98=C 5A6=9BH9 +C;5ACG DC
'C AC8=:=EI9 9@ 9B7
!W>51 45 1<9=5>D139Y> 45 71C ,9 F97CA=9B85 IB HI6C 89 89 8=aA9HFC =BH9F=CF ,9 579DH5 IB HI6C 89 9B @CB;=HI89G =B:9F=CF9G 5 @C :H A G= @C D9FA=H9B @5G F9;@5A9BH57=CB9G @C75@9G M 9@ DFCJ998CF 89 ;5G %5 @gB95 8969 DCG99F IB5 569FHIF5 89 =BGD977=jB 89 7CB H5D5 =BA98=5H5A9BH9 5BH9G 89 @5 7CB9L=jB 89 ;5G 969 =BGH5@5FG9 > *( IB5 Ja@JI@5 89 D5GC A5BI5@ 89BHFC 89 @CG :H A 5BH9G 89@ G9758CF G9;mB 9@ '5H=CB5@ I9@ C89 '," 3 > 1>14Q IB5 Ja@JI@5 89 D5GC A5BI5@ 89 57I9F8C 7CB 9@
%5G >IBHIF5G 89 @CG HI6CG 8969FaB 5G9;IF5FG9 7CB IB5 7=BH5 58<9G=J5 89 5@IA=B=C (?=2B5B5D5 45 F5>D9<139Y> Z (.961. 12 .6?2 2; 9. =.?A2 =<@A2?6 129 2920A?<1<:Q@A60< 2@AM;1.? Z (.961. 12 .6?2 2; 29 0<@A.1< 129 2920A?<1<:Q@A60< <=06V; Z (.961. 12 .6?2 2; 9. =.
#?D1 R @ BmA9FC AaL=AC 89 7C8CG 89 T D9FA=H=8C 9G G9 =B7@IM9 5EIg 9@ 89@ >I9;C 89 585DH57=jB i ,9 F9EI=9F9 89 IB5 <9FF5A=9BH5 9GD97=5@ D5F5 56F=F 9@ CF=:=7=C 9B 9@ D5B9@ @5H9F5@ R)jB;5G9 9B 7CBH57HC 7CB 9@ J9B898CF 89 GI NCB5 E57? 45 C1<941 9>65B9?B 969 9L=GH=F IB 5D9FHIF5 <57=5 9@ 9LH9F=CF 8IF5BH9 @5 =BGH5@57=jB G9;mF9G9 EI9 9@ aF95 89 @5 5D9FHIF5 D5F5 9@ =B;F9GC 89 5=F9 89@ 9LH9F=CF G95 89 DCF @C A9BCG 8CG J979G 9@ aF95 89 @5 G5@=85 89 5=F9 89@ G9758CF C IH=@=79 IB HI6C 89 DCF @C A9BCG
* $ !9CD1 1 3?>DB?<1B 1>D5C 45 EC1B 5< C5314?B 'C 5FF5GHF9 9@ G9758CF DCF 9@ GI9@C G= @CG D=9G 5>IGH56@9G :I9FCB 9LH9B8=8CG B 9GH9 75GC G9 85i5Fg5B H5BHC @CG D=9G 5>IGH56@9G 7CAC @5 D5FH9 =B:9F=CF 89@ G9758CF )CG=7=CB9 M B=J9@9 @I9;C 9@ G9758CF @ G9758CF 8969 B=J9@5FG9 7CB HC8CG @CG D=9G 5>IGH56@9G :=FA9A9BH9 5G9BH58CG 9B 9@ D=GC 'C 8969 H5A65@95FG9 ,= 9@ G9758CF BC 9GHa B=J9@58C C G= G9 H5A65@95 8969B F9;I@5FG9 @CG D=9G 5>IGH56@9G %CG D=9G 8969B 5>IGH5FG9 <5GH5 EI9 9@ G9758CF BC G
#()'* $# ( *# $# " #)$ (E >E5F? C5314?B 2B1 <1 @E5BD1 3?> <1 =1B31 5> 3?5< 45 1335C? E29314? 5> <1 @1BD5 9>65B9?B 9JAE95B41 45 <1 C5314?B1 5C 5H3D5 @1B1 D1B51C 45 C5BF935 I 4525 C5B 1295BD? C?<1=5>D5 @?B @5BC?>1< 452941=5>D5 1ED?B9J1] 4? I 31@139D14?
%1>5< 45 =1>5:? ?DY> (D1BD (D?@ FF5BEI9 M D5F585 FF5B75 =BH9FFIAD9 M D5F5 9@ DFC79GC 89 G9758C ?D?>5C @1B1 C5<5339?>1B <1C ?@39?>5C 58=7=CB5@9G 5 @CG DFC;F5A5G G= 5Gg G9 @C F9EI=9F9 /9F Da;=B5 5<931D5C 1 21:1 D5=@5B1DEB1 77=CB9 9GH9 6CHjB 7I5B8C G9 HF5H5 89 FCD5 G9BG=6@9 5 @5 H9AD9F5HIF5 D 9> :=6F5 57Fg@=75G %5 H9AD9F5HIF5 89@ DFC79GC 89 G9758C G9 F98I79 M 9@ H=9ADC G9 DFC@CB;5 7CFF9GDCB8=9BH9A9BH9 (97>1< (5X1< .
(5<5339Y> 45 E> @B?7B1=1 '5CE=5> 45 9>CDBE339?>5C 335C?B9? F5B @Q79>1 * $ BH9G 89 IG5F GI G9758CF @95 M H9B;5 9B 7I9BH5 HC85G @5G =BGHFI77=CB9G 89 =BGH5@57=jB M :IB7=CB5A=9BHC %B5@1B139Y> 45< C5314?B (5<5339?>1B E>1 ?@39Y> i CBHFC@9 9@ :=@HFC 89 D9@IG5G 969 @=AD=aFG9@C 5BH9G M 89GDIeG 89 7585 DFC79GC 89 G9758C 1 @?>5B 5> 6E>39?>1=95>D? 5< C5314?B @171B 5< C5314?B *C? 45 <1 31>1CD9<<1
*C? 45< C5314?B >6?B=139?>5C @1B1 CE C57EB9414 + ') # -9B;5 G=9ADF9 9B 7I9BH5 @5G "',-+. "(' , , .
5C3?>5H9Y> D5=@?B1< 45< C5314?B !5;5 :IB7=CB5F GI G9758CF mB=75A9BH9 7I5B8C 9GHa 9B GI 75G5 ,= H=9B9 =BH9B7=jB 89 =FG9 89 J5757=CB9G C BC J5 5 IG5F 9@ G9758CF DCF IB H=9ADC DFC@CB;58C CFH9 9@ 7CBAIH58CF 89 5@=A9BH57=jB =9FF9 @5 Ja@JI@5 89 D5GC ,= 9G DCG=6@9 89G7CB97H9 9@ 9B7D9693139Y> 45 @B5>41C (6G9FJ9 9@ GgA6C@C EI9 89H9FA=B5 9@ HF5H5A=9BHC 9B @5G 9H=EI9H5G 89 @5G DF9B85G ZGH5G DFCJ99B =B:CFA57=jB =ADCFH5BH9 F9GD97HC 89 9J9BHI5@9G @=A=H57
(97>1< (5X1< ,I G9758CF 9A=H9 8=J9FGCG GCB=8CG G= G9 DF9G=CB5 9@ 6CHjB SG9i5@U #@ ( ',+ ??.;>B2 (<;61< 049314?B 45 5CD14? 45< @B?7B1=1 @ G9758CF IH=@=N5 IB G=GH9A5 89 G9;I=A=9BHC D5F5 HC8CG @CG DFC;F5A5G 9L79DHC @CG DFC;F5A5G 89 H=9ADC .
E>39?>1=95>D? *C? 45< C5314?B =F9 9@ G9@97HCF 89 DFC;F5A5G 5@ DFC;F5A5 89G958C ,9@977=CB9G 9@ DFC;F5A5 EI9 7CFF9GDCB85 5 @5 FCD5 7C@C7585 9B 9@ G9758CF 89 @5 H56@5 7CFF9GDCB8=9BH9 J9F Da;=B5 ,9 9B7=9B89 @5 @IN 9B 9@ =BH9F=CF 89@ G9758CF i ,= @5 DI9FH5 BC :I9 79FF585 7CFF97H5A9BH9 9@ G9758CF BC 5FF5B75Fa i %5 @IN =B8=758CF5 S,H5FH ,HCDU 7CA=9BN5 5 79BH9@@95F )F9G=CB9 9@ 6CHjB S(D1BD ,HCDU %9 @IN =B8=758CF5 S,H5FH ,HCDU EI985Fa 9B79B8=85 D9FA5B9BH9A9BH9 6F5 @5 DI9FH5 i @ DFC;F5A5 7CA=9BN5
CBHFC@9 EI9 9@ H5A6CF 9GHe J57gC (531B @B5>41C 45 B?@1 C?2B5 <1 31>1CD9<<1 )@=9;I9 @5 FCD5 89 AC8C EI9 EI9D5 9B @5 75B5GH=@@5 6F5 @5 DI9FH5 ,5EI9 @5 FCD5 89@ G9758CF =F9 9@ G9@97HCF 89 DFC;F5A5G 5 @5 DCG=7=jB S(::U %5 @IN 89@ G9758CF G9 5D5;5 %=AD=9 9@ :=@HFC @ :=@HFC 8969 @=AD=5FG9 89GDIeG 89 7585 DFC79GC 89 G9758C .
(5<5339?>5 E> @B?7B1=1 45 D95=@? q C@CEI9 IB5 HC5@@5 M GC6F9 eGH5 @CG H57CG 89@ 75@N58C GHC 7CB8I7=Fa 5 IB F9GI@H58C AaG IB=:CFA9 89@ G9758C ,= @5 DF9B85 5mB DF9G9BH5 IB5
i @ DFC;F5A5 G9 =BH9FFIAD9 5IHCAaH=75A9BH9 D5;I9 9@ G9758CF C@CEI9 9@ G9@97HCF 89 DFC;F5A5G 9B S(::U * $ %5 D5FH9 =BH9F=CF 89 @5 DI9FH5 G9 75@=9BH5 8IF5BH9 9@ DFC79GC 6F5 @5 DI9FH5 !9=@91B 5< DE2? 45 19B5 45 C1<941 "BGD977=CB9 M @=AD=9 @5 HI69Fg5 89 5=F9 89 G5@=85 7CAC AgB=AC IB5 J9N 5@ 5iC D5F5 9J=H5F C6HIF57=CB9G .
!?31<9J139Y> 45 61<
#< 3B;06<;. 9. 9BG 2; 29 A.:/ #< 3B2 @292006<;.1< =?<4?.:. .94B;< !. 9.:=.?699. 2@AM 12320AB<@. < >B2:.1. #< 5.F .96:2;A.06V; 12 2;2?4S. !. /<:/699. 2@ 39<7. !. 9BG 6;160.1. I(A.?A (A<=K ;< 2@AM 2;02;161. !. 9BG 6;160.1. H,?6;892 /9<08H =?B2 29 369A?< 5. @61< 0.:/6.1< ?? 2; 29 12@.??<99< 129 =?<4?.:. < 3.99< 2; 9. :M>B6;. !. 6;A2?:6A2;06. 129 369A?< 12 9. =29B@.
! ' O# ' #)N % ' ( $' ( % ' '$% $( %5G ;5F5BHg5G 6F=B8585G DCF ,! !CA9 DD@=5B79G S CG7