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94:854?"%BCD6854?E=4"75"15=;?"F8A;5?"G:H9DDG"9=>"I19JJ5?"<=8"7GA3;K;546"15=;?
?=D5;L5?"M8L1836HK<=5?EN"<=8":3468546"15=;"73:6;845"19"D1=?"D=;5"?=;"75?"3L@56?
846G;5??94?E":H9:=4"?5;386E"?94?"73=65E"5JD;5??G"75":3443O6;5"=4"F8A;5"9=??8"D;GP
:85=>E9=??8"5>6;93;78498;5+"&8"34"9@3Q6386"<=5":5"F8A;5"5?6"6;K?P;GD947="794?"=45
B;9475"D9;685"75"12%=;3D5E"<=5"75D=8?"43JL;5"75"?8K:15?"81"C"5?6"546;5"15?"J984?
75"63=6"15"J3475E"19"?=;D;8?5"8;386":5;69845J546"54":;38??946R"45"?5;386P5115"D9?"S"
?34":3JL15"E"?8"1234"9??=;386"<=234"429"@9J98?"?3=DT344G"<=281"IQ6"%BCD6854"E"<=234
15 " D3??K75 " :3JJ5 " 45 " 15 " D3??57946 " D3846 " E " <=5 " D5;?3445 " 429 " @9J98? " :H5;:HG " S
54"7G:H8II;5;"=45"I5=8115"R"<=5"15"I;=86"72=45"?9B5??5"5><=8?5"5?6";5B9;7G":3JJ5
=4 " 9J9? " 75 " I8B=;5? " 5>6;9A9B9465? " <=8 " 45 " ?8B48I8546 " ;854 " D9; " 5115?PJUJ5?V " W5
:;38;386P34"D9?"<=234"A5=6"?29J=?5;"E"?5"@3=5;"75"19":;G7=186G"75"?5?"(=7865=;?"V
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M8L1836HK<=5?E5>8?65"75"43?"@3=;?"R"81"5?6"JUJ5"?8":3JJ=4E<=29=:=4"&9A946"429"
798B4G"?254" 3::=D5;" Y"D5;?3445"9A946"43=?"429C946"@9J98?"?3=DT344G"?34"811=?P
6;5 " 3;8B845+ " Z5 " F8A;5 " 5?6 " :3JD3?G " 75 " F[[\00 " I5=81156?" 3=" 69L159=>E " JUJ5 " 75
F[[\000E"78A8?G?"54"\":19??5?E"<=8"3II;546":H9:=45"75?"3L@56?"9=??8"A9;8G?"<=29P
J=?94?"N"84?6;=:68I?"R":5"F8A;5"5?6"54"=4"J36"15 "$%#" 75?" '()*'&E"@5="84:344=E
81"5?6"A;98"E"S"]9;8?"E"J98?"6;K?P:344="54"069185"E"54"(115J9B45"E"JUJ5"54"];3P
A54:5 " E " N " 9=??8 " L8?9;;5 " D9; " 15? " I8B=;5? " <=23II;5 " :H9:=45 " 75 " ?5? " :9;65?E " <=5 " D9;
15=;"J=1686=75+

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^=51<=2G6547=5? " <=5 " ?38546 " 15? " Z346;G5? " 3_ " 81 " 5?6 " 54 " =?9B5E " 34 " 4254 " G6386
D9?"D1=?"9A94:G"?=;"19"A915=;"75?"I8B=;5?"L8?9;;5?"<=281"D9;3O6"3II;8;"R"N"65115"5?6"?34
9468<=5" 3;8B845" <=25115" ?5"D5;7386" 794?" 123L?:=;86G " 75?" 65J?E " <=234 " 45" ?9A386"48
3_ " 48 " <=947 " 81 " 9A386 " G6G " 84A546GE " 48 " 15 " J368I " <=8 " C " 9A386 " ;9??5JL1G " 6946 " 75
I8B=;5? " 5>6;93;87498;5? " E " ?8 " D5= " I9865? " :5 " ?5JL15 " D3=; " J9;:H5; " 75 " D98;E " 65115?
<=281 " 423II;5 " 794? " 63=6 " ?34 " 54?5JL15 " <=2=45 " G48BJ5 " <=5 " D5;?3445 " 429A386 " @9P
J98?":H5;:HG"S";G?3=7;5+
Z5 " $5= " 9 " JUJ5 " D9;= " ?8 " D5= " 78B45 " 72966546834E " <=281 " 425?6 " @9J98? " 546;G " 54
18B45 " 75 " :3JD65 " 794? " 15? " A=5? " 75 " :5=> " 75 " 43? " &9A94? " <=8 " ?5 " ?346 " 3::=DG? " 75
123;8B845 " 75? " Z9;65?" R " 81?" 42346 " @9J98?" D9;1G" <=5 " 75?" Z9;65? " `;94T38?5? " E " 3=" 54
=?9B5 " S " ]9;8?E " 7346 " 123;8B845 " 5?6 " D5= " 94:85445 " Y " N " 9D;K? " 54 " 9A38; " D;3=AG " 1284P
A546834 " J375;45 " E " 81? " 346 " :;= " 9A38; " GD=8?G " 19 " J968K;5+ " Z25?6 " <=254 " 5II56 " 34
:34I347 " ?94? " :5??5 " 12G69L18??5J546 " 72=45 " :34438??94:5 " <=51:34<=5 " 794? " =4
]9C? " 9A5: " ?34 " 84A546834 " D;8J868A5 " R " :25?6 " :5 " <=5 " 43=? " 9A34? " 7G@S " I986 " A38; " S
12GB9;7"75"19"L3=??315"R"15?"a;5:?"N"15?")3J984?"5=>PJUJ5?"42346"<=5"6;3D":34P
I347=":5?"3L@56?"E" :5"<=8" 43=?" 9"D;8AG"72=45" J=1686=75"723;8B845?"846G;5??9465?+
b98? " 19 " I3;J5E " 19 " 78?D3?86834E " 129;;94B5J546 " 75 " :5 " $5= " N " 15? " I8B=;5? " <=281
3II;5 " ?346 " ?8 " J948I5?65J546 " 911GB3;8<=5?E " N " :5? " 911GB3;85? " ?346 " ?8 " :34I3;J5? " S
19"73:6;845":8A815"E" DH813?3DH8<=5"N";518B85=?5" 75?"94:854?"%BCD6854?E" <=234" 45
D5=6"?25JDU:H5;"75"15";5:3443O6;5"D3=;"123=A;9B5"75":5"]5=D15"75"&9B5?"R"<=25=>
?5=1? " D=;546 " 54 " U6;5 " 15? " 04A5465=;?E " ;8A9=> " S " :56 " GB9;7 " 75? " 047854? " <=8 " 84P
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F5?"I3;J=15?"4=JG;8<=5?"729D;K?"15?<=5115?"81"9"G6G":3JD3?G+
Z3JJ546"81"?25?6"6;94?J8?"@=?<=5?"S"43=?+
&5?";9DD3;6?"9A5:"=4"b34=J546"ZH8438?+
Z3JJ546"54"49<=8;546"15?"Z9;65?"%?D9B4315?+
%6"15?";9DD3;6?"75":5?"75;48K;5?"9A5:"15?"Z9;65?"`;94T38?5?+
Z56"%??98"?5;9" ?=8A8"72=45"!8??5;696834" 3_"1234"G69L186":3JJ546":5"$5="G6386
9DD18<=G " S " 129;6 " 75 " 19 " !8A8496834 " R " :25?6 " 123=A;9B5 " 72=4 " *II8:85; " aG4G;91E " a3=P
A5;45=; " 75 " ];3A84:5E " <=8 " 43=? " H343;5 " 75 " ?9 " L854A581194:5 " E " N " <=8 " 9 " ;56;3=AG
794? " :5 " $5= " 9A5: " =45 " ?9B9:86G " 6;K?P84BG485=?5 " 15? " D;84:8D5? " %BCD6854? " ?=; " 129;6
75"75A845;"D9;"15?"Z9;65?E"D;84:8D5?"<=8"78?684B=K;546"15?"D;5J8K;5?"M9475?"75?
%BCD6854?" J91"43JJG?" M3HUJ854?"<=8"?5";GD9478;546"794?" 12%=;3D5"Y"N"7346
81"?=L?8?65"54:3;5"<=51<=5?"A5?68B5?"794?"43?"$5=>"75"Z9;65?E"J98?"<=8"C"D;U6546
84I848J546"J384?"D9;"15=;"J34363485"N"D9;"15"D5686"43JL;5"75"15=;?"I8B=;5?+

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F5 " $5= " %BCD6854E " 9= " :346;98;5E " G6386 " 97J8;9L15 " D3=; " :56 " 5II56 " E " ;54I5;J946
54"<=51<=5"I9T34"12#48A5;?"54685;"E"N"15?"%696?"78A5;?"7346"19"A85"75"12d3JJ5
5?6"?=?:5D68L15+'51"G6386":5"]5=D15"=48<=5"N"D;3I347"E"<=281"8JD;8J386"9="J384P
7;5 " 75 " ?5? " 3=A;9B5? " 15 " ?:59= " 75 " 128JJ3;69186G " E " N " <=5 " 15? " 9=6;5? " ?5JL1546 " 54
<=51<=5"?3;65"?5"6;9O45;"S"D5845"?=;"?5?"6;9:5?+

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&8 " :5 " $5= " <=8 " 9 " 63=@3=;? " G6G " J=56 " D3=; " 63=? " :5=> " <=8 " 15 " :34438??546E " ?25?6
7GA513DDG " S " 43? " C5=> " E " :5 " 429 " D3846 " G6G " 125II56 " 75 " <=51<=5? " D;3I3475? " JG7869P
6834? " E " 48" 75" 1254A85" 75 " 7GL;3=8115; " ?34 " :9H3?" R " 43=?" 42C " D54?834? " D9?" 1284?6946
9A946+ " 04A86G " 81 " C " 9 " <=51<=5? " 944G5? " S " 9115; " A38; " =45 " !9J5 " 75 " 43? " (J85?E
b979J5" 19" Z+ " 72d+ " <=8 " 9;;8A386 " 72(115J9B45" 3= " 75" &=8??5E " 43=?" 19" 6;3=AeJ5?
3::=DG5"S"@3=5;"S":5"$5="9A5:"<=51<=5?"9=6;5?"]5;?3445?+W3=?"@3=34?"S"=4"$5=
<=5"A3=?"45":34438??5f"?Q;5J546"D9?g"Z519"?5"D5=6"Y"<=51"5?6P81"V++"F5"$5="75?
'9;36?g$298"5="3::9?834"75"15"A38;"G6946"I3;6"@5=45EJ98?"@5"4254"98"9=:=45"87G5g"
Z25?6"=45";9D?3785"75?"I8B=;5?"15?"D1=?"L8?9;;5?E"15?"D1=?"5>6;9A9B9465?"R"54"A38P
1S"=45E"D9;"5>5JD15Y"34"5=6"?384"75":H38?8;"19"D1=?":H9;BG5"75"I8B=;5?EN"429C946
9=:=4 ";9DD3;6"S"?34"43JE":25?6"15"b3475"R"@2C"@5665"15?"C5=>"E"N"9=??8P6h6"@254
;5:34438? " 12(11GB3;85 " R " :H9:=4 " 75 " <=8665; " ?34 " $5= " N " 75 " A548; " A38; " :5665 " Z9;65
J5;A58115=?5 " 3_ " @29DD5;:5A38? " :5 " <=281? " 429A38546 " @9J98? " AQ " R " :H9:=4 " 75 " J254
J346;5;" =45" 9=6;5" R "54 " =4 " <=9;6P72H5=;5" 15" $5=" I=6" D9;:3=;=E " 5>D18<=GE "7G:19;G
%BCD6854"R"N":3JJ5":5"42G6386"D3846"15"@5="75"436;5"8J9B8496834"E"J98?"125II56
75? " ;9DD3;6? " :H38?8? " N " ?54?8L15? " 75 " :5 " @5= " 9A5: " 63=6 " :5 " <=234 " :3443O6 " 7287G5?
%BCD685445? " E " 43=? " 43=? " D;3JOJ5? " L854 " 7254 " I98;5 " D9;6 " <=51<=5 " @3=; " 9= " ]=P
L18:"Y"D5;?=97G?"<=281"9=;386"D3=;"9B;G9L15"=45"7G:3=A5;65"N"=4"D;G?546"75":5665
496=;5 " E " =4 " F8A;5 " %BCD6854 " G:H9DDG " S" 19 " L9;L9;85 " E " 9=> " ;9A9B5?" 7= " '5J?E " 9=>
84:54785?"9::875465115?"N"9=>"A3134698;5?"E"S"128B43;94:5"D1=?"7G?9?6;5=?5"54:3;5+
%II56 " 4G:5??98;5 " 75 " 19 " I3;J5 " I;8A315 " N " 1GBK;5 " 75 " :5 " F8A;5"E " <=8 " 129 " J8? " S
JUJ5 " 75 " 6;83JDH5; " 75 " 63=? " 15? " eB5? " N " 75 " D9??5; " @=?<=5? " S " 43=? " 9A5: " =45
I87G186G " ;9;5 " R " 128B43;94:5 " JUJ5 " 794? " 19<=5115 " 34 " 9 " G6G " @=?<=5? " 8:8 " 75 " :5 " <=281
;5D;5?546386E"9"G6G"=4"H5=;5=>" ?9=IP:347=86"<=8"1=8"9" 198??G"6;9A5;?5;" 6;94<=8115P
J546"63=?"15?"&8K:15?"?94?"<=234"986"D54?G"S"15"I98;5"78?D9;3O6;5+
01 " G6386 " 65J? " 75 " ;56;3=A5; " 15? " (11GB3;85? " <=281 " G6386 " 75?684G " S " :34?5;A5; " E " N
75"I98;5"A38;"<=5":H5f"15"]5=D15"15"D1=?"?9B5"E"63=6"@=?<=29=>"$5=>"E"G6386"I347G
?=; " 12(11GB3;85"E " N " <=5 " :5? " &9B5? " ?9A38546 " :H94B5; " 54 " 9J=?5J546 " 15? " :34438?P
?94:5?"15?"D1=?"=6815?"N"4254"I98;5"<=2=4"$5=+

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W3=? " 129A34? " 786E " 15" $5= " 75? " '9;36? " 5?6 " :3JD3?G " 75 " F[[\00 " Z9;65?E " JUJ5
72=45" F[[\0005E " 78A8?G5?" 54 " (63=?" N" 54 " 0\ " :3=15=;?+ " (I84 " <=5 " 43?" F5:65=;?
D=8??546"43=?"?=8A;5E"43=?"9A34?"I986"B;9A5;"15?"(63=?"Y"N"12(?"75":H9<=5":3=P
15=;"E":5"<=5"43=?"9DD51134?"9A5:"15?"%?D9B431?"E"&D978115"E"M9?65"E"N"]3465+

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F5? " (63=? " 9= " 43JL;5 " 75 " [[00 " E " ;5D;G?546546 " 54 " BG4G;91 " 15? " ZH5I? " 65JP
D3;51? " N " ?D8;86=51? " 75 " 19 " &3:8G6G " E " 15? " ZH5I? " ]HC?8<=5? " 75 " 12(B;8:=16=;5 " E " 15?
\5;6=? " Z9;784915?"E " 15" b9;89B5E " 19"b3;6" N" 19";G?=;;5:6834 " 3="19" :;G96834 " Y" 15?
78A5;?"@5=>"75"19"I3;6=45"E"15"&9B5"N"15"`3="E"15"'5J?"<=8":34?=J5"63=6E"N:+
*4 " :3JD;547 " 984?8 " 729A94:5 " <=5 " 63=65? " :5? " Z9;65? " ?346 " 9=6946 " 75 " '9L159=>
911GB3;8<=5? " ;51968I? " S " 1254?5JL15 " 75 " 19 " A85 " E " N " ?=?:5D68L15? " 72=45 " 84I8486G " 75
:3JL8498?34?+ " W3=?" 91134?" 15?"5>9J845; " =4 " S" =4 "E " N"6e:H5; " 75" 7G:H8II;5;" 1291P
1GB3;85"3="12G48BJ5"D9;68:=18K;5"<=5":H9:=4"725=>";54I5;J5+

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*4 " 45 " D5=6 " JG:3443O6;5 " 15 " `3= " 794? " :5665 " Z9;65E " S " ?9 " J9;3665 " E " N " S " ?34
H3<=5634 " B9;48 " 75 " :3<=8119B5? " N " 75 " ?3445665? " R " 81 " J9;:H5 " 6;K?PAO65 " :3JJ5
=4 " I3=" <=281" 5?6" E" D3;6946" 75;;8K;5 " 1=8" ?34 "D5686 "D9<=56 "E " N" ?28J9B84946 "G:H9DP
D5; " D9;P1S" S" =4 " '8B;5" <=8 " 1=8" J3;7 " 19" :;3=D5 " R" <=946" 9=" ?9:E " 81" 5?6 " 125JL1UJ5
75"?5?"I9=65?"<=281"45"A3=7;386"D9?"A38;"Y"N":5"'8B;5"E":51=8"75"?5?";5J3;7?"<=8
15"?=8A546"B913D946"E"N"<=8"?9=6546"54":;3=D5"75;;8K;5"1=8+
Z5;65 " L5115 " 87G5 " <=2d3;9:5 " 9 " ?8 " L854 " 54:97;G5 " 794? " 75 " 123; " E " 42G6386 " 734:
D9?"75"1=8"E"5115"429A386"D9?"G:H9DDG"9=>"%BCD6854?"R":2G6386"=45"87G5"A=1B98;5"E
=4"185=":3JJ=4"Y"J98?"D;8?5"794?"19"W96=;5"63=@3=;?"A;985"E"N"D;G?546G5"9A5:
63=65? "15?"B;e:5?"7346"5115"5?6"?=?:5D68L15"E":56"9B;G9L15"N"?9B5"]3k65"?5JL1386
129A38;"68;G5"75"?34"D;3I347"@=B5J546+
^=946 " S" :56 " (63=6E " " 43=? " 129DD51134? "l%)*"E " <=38<=234 " 15" D19:5 " 794?" 15 " @5=
9D;K? " 15 " [[0"E " D9;:5 " <=281 " 45 " :3JD65 " D3846 " <=947 " 81 " 5?6 " ?5=1"E " N " <=281 " 429 " 75
A915=; " <=5 " :5115 " <=281 " 73445 " 9=> " 9=6;5? " E " D;G:8?GJ546 " :3JJ5 " 436;5 " f5;3 " R
J346;946"984?8"<=5";854"425>8?65"?94?"?9"I3185+

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W3=? " :3JJ54T34? " D9; " 15 " 43+ "0+ " D3=; " ?=8A;5 " @=?<=5? " 9= " X/ " E " D9;:5 " <=5
12=?9B5 " 9:6=51 " 5?6 " 75 " :3JJ54:5; " D9; " 15 " J3847;5 " 43JL;5 " D3=; " ?2G15A5; " 75P1S
9=>"D1=?"H9=6?"R"81"D9;3O6":5D547946"<=5"15?"%BCD6854?":3JJ54T38546" S":3JDP
65; " D9; " 15 " D1=? " H9=6 " D3=; " 75?:547;5 " 75P1S " @=?<=29= " D1=? " L9?+ " Z25?6 " 984?8 " <=281?
?31?8I838546 " 12*:69A5 " 54 " 75?:547946"E " N " 434 " 54 " J346946 " :3JJ5 " 43=?+ " !94?
19"!8??5;696834"<=8"5?6"S"19"?=865"75":5115P:8"E"34"?=86"12=?9B5"75?"%BCD6854?"E"N
34 " 54 " 68;5 " 15 " D1=? " B;947 " D9;68+ " *4 " 9=;9 " 734: " 8:8 " 15? " 75=> " J948K;5?"R " 19 " 4h6;5
19 " D1=? " :3JJ375 " <=947 " 34 " 45 " A5=6 " :34?87G;5; " :5? " Z9;65? " <=254 " 5115?PJUJ5?"R
N":5115P1S"E"=6815"D3=;"54"J85=>":34:5A38;"1254?5JL15"N"15?";9DD3;6?+
F5" D;5J85; " 75 " 63=?" 15?" (63=? " 54 " ;5J346946 " E " 3= " 15 " 75;485; " 54 " 75?:547946E
5?6 " =4 "$*#%#)" 75 "a*M%F%'" Y " 34 " 15 " ;5:3443O6 " S " ?9 " 69L15 " :3=A5;65 " 75 " 7G?E " 75
B3L5156?"E"75":3=659=>"E"75"L915?"E"N:+"("?34"Le634"75"$9:3L"3="A5;B5"75?"b9P
B5?"E"S"19"L915"<=281"68546"546;5"75=>"738B6?"N"<=281"A9"5?:9J365;+
*4 " 129DD5115 "Mn'%F%#)" 794? " 19 " 7G43J8496834 " 75? " Z9;685;? " R " :25?6 " 15 " 43J
A=1B98;5"75?"D5;?3445?"75":56"G696"R"5?6P81"4G:5??98;5"75"78;5"<=281"A8546"75 "@*.(," E"
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( " 19 " 6U65 " 75" 63=? " 15? " %696?E " 81" 8478<=5" <=5" 19 " A85" 5468K;5 " 425?6 " <=2=4 " ?34B5E
<=2=4 " 5?:9J369B5 " R " <=25115 " 5?6 " :3JJ5 " =4 " @5= " D5;DG6=51 " 7= " H9?9;7 " 3= " 7=" :H3:
75"J8115":8;:34?694:5?"<=8"45"7GD5478;546"@9J98?"75"43=?"E"N"?=;"15<=51"84I1=5
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3=":3=;344G"72=45":;38>"E"9DD511G5"'H9=E"15"?8B45"D9;"5>:51154:5+
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)38 " 5?6 " :3JJ5 " 794? " =45 " B347315 " 3= " :H98?5 " 54 " :3<=8115"E " 15? " @9JL5? " :;38?G5?+
&9 " Z3=;3445 " 5?6 " 54 " 75J8 " :5;:15 " ?=;J346G5 " 72=45 " D5;15 " S " :;38>+ " Z5115 " 75 " 19
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"a)(W!%P])o')%&&%" 3= " ?9 " I5JJ5 " R " 34 " ?986 " <=5 " :H5f " 15?" %BCD6854? " E
15? " ZH5I? " 7= " &9:5;73:5 " G638546 " J9;8G?+ " &8 " :5? " Z9;65? " G638546 " 75 " 1284A546834
75? " b375;45?E " 34 " 42C " A5;;386 " D3846 " 75 " a;9475P];U6;5??5 " E " L854 " J384? " 54:3;5
?3=? " 15 " 43J " 75 "](]%&&%E " :3JJ5 " 15? " Z9;685;? " (115J947? " 346 " 43JJG " :5115P:8
;878:=15J546+
F9"a;9475P];U6;5??5"5?6"9??8?5"794?"=4"I9=65=81"R"5115"5?6"54"H9L86"134B"9A5:
=45"5?DK:5" 75"A3815" 75;;8K;5" 19" 6U65" <=8" A8546" :;38?5;" ?=;" 125?63J9:" R" 5115" 9" =45
73=L15 " :3=;3445 " 9A5: " 75=> " :3;45? " :3JJ5 " 54 " 9A386 " 0?8? " R " 5115 " 68546 " =4 " F8A;5
3=A5;6 " ?=; " ?5? " B543=> " Y " 75=>" G:H9;D5? " B9;485? " 75 " :;38> " ?5" :;38?546 " ?=; " ?9" D38P
6;845"N"C"I3;J546"=4"[+
F5" a;947P];U6;5 " 5?6 " 54 " H9L86 " 134B" 9A5: " =4 " B;947 " J94659= " <=8 " 68546 " S" =45
9B;9II5"R"81"D3;65"19"6;8D15"'H89;5"R"72=45"J984"E"81"?29DD=85"?=;"=4"&:5D6;5"S"6;8P
D15 " :;38> " R " N " 75 " 129=6;5 " E " 81 " 73445 " 75 " 75=> " 738B6? " G6547=? " 19 " LG4G78:6834 " S
75=>"D5;?3449B5?"<=234"A386"S"?5?"B543=>+
F5? " Z9;685;? " 0691854? " 3= " (115J947? " <=8 " 346 " ;9J54G " :5 " @5= " S " 15=;? " :34438?P
?94:5? " E " 346 " I986 " 75 " :5? " 75=> " D5;?3449B5? " 9=><=51? " 15? " (4:854? " 734438546 " 15
43J " 75 "]p)%" N " 75 "bp)%E " :3JJ5 " 34 " 78;386 "(MMq" N "(MM%&&%E " J36? " *;854P
69=>"?8B48I8946"19"JUJ5":H3?5"E"81?"54"346"I986"E"78?P@5"E"=4"]9D5"N"=45"]9D5??5+
^=946 " 9= " &:5D6;5 " S " 6;8D15 " :;38>E " :25?6 " =4 " J34=J546 " 9L?31=J546 " %BCDP
6854"R"34"15"A386"?=;"19"'9L15"720?8?"E"?3=?"19"F566;5"'"'"Y"b34=J546"D;G:85=>
<=5 " 43=? " 9A34? " 7G@S " I986 " B;9A5; " 794? " 63=65 " ?34 " G6547=5 " D3=; " 15 " 73445; " <=51P
<=5 " @3=; " 9= " ]=L18:+ " %115 " 9 " ;9DD3;6 " 9= " 6;8D15 " ]H911=? " <=234 " D;3J54386 " 794? " 19
I9J5=?5"`U65"75?"]9JC185?"3_"1234"?5";G@3=8??386"729A38;";56;3=AG"*?8;8?"E"N"3_
81"G6386"15"?CJL315"75"19";GBG4G;96834"75?"]19465?"N"75"19"W96=;5"5468K;5+
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A8486G " 75? " %BCD6854?" E " 19" JUJ5 " <=5" :5115 " 75" 63=? " 15? " ]5=D15? " &9LG54?" E " 3=" 15
&31581"?CJL315"DHC?8<=5"75"19"!8A8486G"?=D;UJ5"84A8?8L15"E"J98?"<=8"?5"J948I5?65
794?":5":H5IP72r=A;5"75"19"W96=;5+"01"9A386"G6G"D5;7="D547946"12HCA5;"R"81";5D9P
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];U6;5"15?"LG486"E"12(J3=;"15?"D5;:5"75"?5?"6;986?+"F5?"Z9;685;?"9DD511546":5"'9P
L159= " E " 12(J3=;5=>+ " 01? " 346 " L854 " 1298; " 729A38; " 9@3=6G " 5=>PJUJ5? " :56 " (J3=;
9A5:"?34"9;:"N"?5?"I1K:H5?"E"D3=;";547;5":5"'9L159="D1=?"D9;1946"S"15=;?"C5=>+
*4 " A386 " 794? " 15? " (468<=86G? " 75 " M38??9;7 " s0tE " =4 " b34=J546 " 75 " 19 " JUJ5
496=;5"E"D3=;"D5847;5"12=4834":34@=B915"Y"J98?"81"425?6":3JD3?G"<=5"75"6;38?"I8P
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Z5 " '9L159= " 5?6 " 84686=1G "`0!%0" &0b#F(Z)#b" E " '9L159= " 75 " 19 " `38 " :34@=B915 " R
15? " D5;?3449B5? " 54 " ?346 " 7G?8B4G? " D9; " :5? " L59=> " 43J? " E "\q)0'q" E " d*WW%#)" N
(b*#)+ " 01 " 5?6 " 84=6815 " 75 " 78;5 " <=5 " 19 " AG;86G " 7G?8B45 " 8:8 " 19 " I5JJ5 " D1=6h6 " <=5
12H3JJ5"E"434P?5=15J546"D9;:5"<=5":5"J36"5?6"7="B54;5"IGJ8484"E"J98?"D9;:5
<=5 " 19 "D+-,$+(E # 8&'.(*'(," 5?6 " D1=? " 5??54685115 " 794? " 19 " I5JJ5+ " Z5 " b34=J546
D;G:85=>" I=6 " G15AG" D9;" =4 " 43JJG "'+ " `#W!(W0#&" %)*b%W#&" 3=" 1298J9L15 " E" S" ?9
6;K?P:HK;5"%D3=?5"F&22E,#A,:,()+,E"N"S"15=;"I8115":HG;85"G*'+$+*#H)&:,'+.+

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F5?"`8B=;5?"<=5"43=?"9A34?";G=485?"794?":5665"]194:H5E"?346";51968A5?"9=>"<=96;5"
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W3+ " [0+ " Z5115P:8 " ;5D;G?5465 " 19 "`*)Z%+ " Z25?6 " =45 " I5JJ5 " <=8 " ?25?6 " ;547=5

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J986;5??5 " 72=4 " 1834 " E " N " <=8 " 1=8 " 3=A;5 " 19 " B=5=15 " 9A5: " 19 " JUJ5 " I9:8186G " <=25115
3=A;8;386 " :5115 " 75 " ?34 " D5686 " GD9B45=1 " Y " 5115 " 9 " ?=; " 19 " 6U65 " =4 " :H9D59= " 75 " M5;P
B5;5+
W3+ " [000+ " F9 "'%b]q)(WZ%+ " Z25?6 " =45 " I5JJ5 " 9O1G5 " <=8 " I986 " D9??5; " 75 " 1259=
72=4"A9?5"794?"=4"9=6;5"E"D3=;"65JDG;5;"19"18<=5=;"<=281";54I5;J5+
W3+ " \000+ " F9 "$#&'0Z%+ " Z25?6 " =45 " )5845E " :25?6 "(&')q%" 9??8?5 " ?=; " ?34 " ';h45E
654946"72=45"J984"=4"D38B49;7"Y"75"129=6;5E"=45"L9194:5+
W3+ " [00+ " F9 "])#!%WZ%" 5?6 " 7= " 43JL;5 " 75? " <=96;5 " \5;6=? " Z9;784915? " R " 15?
%BCD6854?"D=;546P81?"123=L185;"794?":5665"D5846=;5"75"19"\85"d=J9845"V"Z5D54P
7946E"34"45"19"6;3=A5"D9?"794?":5"$5=+"*4"A386"S"?9"D19:5"?3=?"15"W 3+"[00+"546;5
19"`3;:5"N"19"'5JDG;94:5"E"=4"H3JJ5"D547="D9;"15?"D857?"R"J98?"<=5"I986P1S
:5 " D547= " V " Z25?6 " 123=A;9B5 " 72=4 " J91H5=;5=> " Z9;685; " D;G?3JD6=5=> " <=8 " 45
:3JD;54946 " D9? " 19 " L59=6G " 75 " 12911GB3;85 " ;54I5;JG5 " ?3=? " :5 " 69L159="E " 9 " D;8? " ?=;
1=8"75"19":3;;8B5;"E"N"D9;P1S"JUJ5"75"15"7GI8B=;5;"5468K;5J546+
F9 " ];=754:5 " 45 " D3=A386 " U6;5 " ;5D;G?546G5 " 72=45 " J948K;5 " ?54?8L15 " 9=> " C5=>
<=5 " D9; " =4 " H3JJ5 " 75L3=6 " E " <=8 " 9C946 " =4 " D857 " D3?G " E " 9A94:5 " 129=6;5"E " " N " 15
68546 " ?=?D547= " 5>9J84946 " 15 " 185= " 3_ " 81 " D3=;;9 " 15 " D19:5; " ?=;5J546+ " F5 " 686;5 " 75
:5665 " :9;65 " G6386 " 734: " 12H3JJ5 " 9= " D857 " ?=?D547=E "2,-, # .4.2,'.& #R " 15 " Z9;685;
45"?9:H946":5"<=5":519"A3=1386"78;5"E"54"9"I986"=4"H3JJ5"D547="D9;"15?"D857?+
]=8?" 34" 9"75J947G"E" D3=;<=38" =4" D547=" 794?" :5" $5=" V"N" 34 " 429" D9?" J94P
<=G" 75" 78;5"E" :25?6"19" @=?65" D=486834 "75" 1204A5465=;"7=" $5="E" D3=;"C" 9A38;" ;5D;GP
?546G"=45"]9D5??5+
b98? " D19:G " 546;5 " 19 " `3;:5 " E " 19 " '5JDG;94:5 " N " 19 " $=?68:5 " E " <=8 " 45 " A386 " <=5
:25?6"19"];=754:5"<=234"A3=1=6"N"<=234"7=6";5D;G?5465;"D;8J868A5J546"V

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F5 " W3+ " 0[+ " ;5D;G?5465 " =4 " ]H813?3DH5 " AG4G;9L15 " 54 " J94659= " 134B " E " =4 " :9P
D=:H34 " ?=; " 15? " GD9=15? " R " 81 " J9;:H5 " :3=;LG " ?=; " ?34 " Le634 " E " N" 654946" =45" 194P
65;45"75"19"J984"B9=:H5+"Z25?6"15"&9B5"<=8":H5;:H5"19"$=?68:5"N"19"\5;6=+
*4 " 9 " 734: " 8J9B84G " 729D;K? " :5665 " D5846=;5 " %BCD685445 " E " 12d8?638;5 " 75 " !83P
BK45 " <=8 " 19 " 19465;45 " 54 " J984 " :H5;:H5 " =4 " H3JJ5 " 54 " D1584 " J878+ " F5? " L34?
J36? " E " ?=;P63=6 " 15? " %D8B;9JJ968<=5? " E " ?346 " 75 " 63=6 " ?8K:15 " R " N " !83BK45 " G6386
H3JJ5"S"J566;5":5"69L159="54"9:6834+

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F5?"Z9;685;?"346"I986"75":5"&9B5"=4"d5;J865+"Z25?6"9??5f"L854"A="R"15?"]H8P
13?3DH5? " A8A546 " A3134685;? " 54 " ;56;9865 " E " 3= " 45 " ?346 " B=K;5? " D;3D;5? " S " 19 " I;8A3P
186G " 7=" ?8K:15+ " dG;9:1875" D9??386 " D3=; " I3= " 9=> " C5=> " 75 " ?5?" :H5;? " Z34:863C54? " R
794?"12*;8546"E"7298115=;?"E"?5"18A;5;"9=>"&:854:5?"?DG:=1968A5?"3="?2I,):,(+.,)E"5?6
D;5?<=5 " =45 " ?5=15 " N " JUJ5 " :H3?5+ " F5? " d5;J865? " %BCD6854? " 425=;546 " ;854 " S
;5D;3:H5;"S":56"GB9;7 "S":5=>"75?"0475?"E"N"9=>"'919D384?"75"&89JR"81?"G638546
3="?346"63=?"9=6946"75"!;=875?+

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W3=? " 9A34? " ;G=48" ?3=?" :5665" D194:H5 " 63=?" 15? " 69L159=> " ;51968I?" S" 19" 1=J8K;5"R
984?8"9D;K?"19"19465;45"?3=;75"75"12d5;J865"E"43=?"91134?"D9??5;"54";5A=5"15"&3P
1581 " E " 19 " F=45 " N " 15 " L;811946 " &8;8=? " 3= " 19 " Z948:=15 " G684:519465 " E " 63=? " I8B=;94?
794?":5"@5="E"9A5:"78A5;?"5JL1UJ5?+
F5 " &31581 " 5?6 " ;5D;G?546G " 8:8 " :3JJ5 " 15 " ]K;5 " DHC?8<=5 " 75? " d=J984? " N " 75
19"W96=;5"5468K;5"R"81"G:198;5"15?"H3JJ5?"54"&3:8G6G"E"81"D;G?875"S"15=;?"\8115?"R
75 " ?5? " ;9C34? " 78?6811546 " 75? " 19;J5? " 723; " N " 75 " D5;15? " R " 984?8 " 34 " 7G?8B4386 " 15?
H5=;5=?5?"84I1=54:5?"75":56"9?6;5+
Z5 " $5= " 75 " '9;36? " 5?6 " 8:8 " D9;I9865J546 " :34I3;J5 " S " 19 " 73:6;845 " 75? " %BCDP
6854?"E":3JJ5"43=?"1291134?"A386"D1=?"54"7G6981"S"129;68:15"?=8A946+

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8 > # 8 " L %;
(84?8 " 19 "F#W%" <=8 " J9;:H5 " S " 19 " ?=865 " 7= " &31581 " 5?6 " 9=??8 " 9::3JD9B4G5 " 75
19;J5? " 723; " N " 75 " D5;15? " E " D3=; " J9;<=5; " GB915J546 " <=25115 " :346;8L=5 " D3=;
?9"D9;6"9=>"9A9469B5?"75"19"65;;5+
" ](#&(W0(&" 43=?"9DD;547"794?"19"!5?:;8D6834"75"19"]H3:875"E"<=5"E"?5134"15?
%BCD6854?E " :2G638546 " 15? "F()b%&" !20&0&" <=8 " 54I138546 " :H9<=5 " 944G5 " 15? " 59=> " 7=
W81 " N" <=8" ;54738546" 984?8"I5;6815?"15?" :9JD9B45?" 72%BCD65+ " F5?" ;5196834?" 75" :5
]9C? "D9;1546"9=??8" 72=45 "a*#''%" 3="19;J5E"<=8"63JL5" 75"19"F=45" 9="J3J546
3_"15?"59=>"7="W81"738A546"B;3??8;+
(= " L9? " 75 " :5 " 69L159=E " 34 " A386 " =45 " %:;5A8??5 " 3= " Z94:5; " E " ?386 " D3=; " J9;P
<=5; " 19 " J9;:H5 " ;G6;3B;975 " 75 " 19 " F=45 " E " ?386 " D3=; " 8478<=5; " <=5 " :25?6 " 9= " J3P
J546 " 3_ " 15 " &31581 " N " 19 " F=45 " ?3;6546 " 7= " ?8B45 " 75 " Z94:5; " <=29;;8A5 " 12843479P

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6834 " :9=?G5 " D9; " 15=;? " 19;J5? " 9= " 15A5; " 75 " 19 " Z948:=15 " <=234 " A386 " 794? " 15 " 69P
L159="?=8A946+
*4 " D3=6;386 " JUJ5 " ;G=486 " 15? " 75=> " J368I?"R " 425?6P81 " D9? " 6;K?P3;78498;5 " 75 " ?5
7G65;J845;"D9;" =45"I3=15"75":34?G<=54:5?"<=8"I3;J546"=45"J9??5"<=234 "?5;386
?3=A546"L854"5JL9;;9??G"S"7GJU15;"V
F5 " J8185= " 7= " 69L159= " 5?6 " 3::=DG " D9; " 75=> " '3=;? " E " =45 " S " :H9<=5 " 5>6;GJ86G
D3=; " 7G?8B45; " 15? " 75=> " I9J5=?5? " :313445? " 72d5;:=15"E " 54P75T9 " N " 9=P751S " 75?P
<=5115?"45"D9??K;546"@9J98?":5?"75=>"B;947?"1=J8498;5?+
%46;5 " 15? " 75=> " :313445? " ?346 " 75=> " ZH854? " <=8 " ?5JL1546 " 9L3C5; " :346;5 " 19
F=45 " N " 19 " B9;75; " R " 87G5? " D9;I9865J546 " %BCD685445?+ " Z5 " ]5=D15 " =48<=5 " D3=;
15? " 911GB3;85?"E " :3JD9;386 " 15? " ';3D8<=5? " S " 75=> " ]9198? " B9;7G? " :H9:=4 " D9; " =4
:H854"E " <=8"E " ?5JL19L15? " S " 75? " ]3;685;? " I87K15?"E " ;565438546 " :5? " (?6;5? " 794? " 15
J8185="75?"Z85=>"?94?"D5;J566;5"<=281?"?5"B18??9??546"A5;?"12=4"3="129=6;5"]h15+
Z5 " 45 " ?346 " D3846 " A8?834? " 75 " Z3JJ546965=;? " 54 "#&+ " ZFqb%W'"E " 1=8PJUJ5
%BCD6854"E " D=8?<=281 " G6386 " 72(15>947;85"E " N " <=8 " D9; " :34?G<=546 " 75A386 " 54 " ?9P
A38;" <=51<=5":H3?5"E"43=?"9??=;5"794?"?5?"'9D8??5;85?"s0t"<=5"15?" %BCD6854?";5P
D;G?54638546 " 15? "')*]0^#%&" ?3=? " 19 " I8B=;5 " 75 "!%#[" Zd0%4?"E " <=8"E " ?5JL19L15?
S" 75?"]3;685;?" 3="S"75?"a9;7854?"I87K15?"E"5JDU:H38546"15"&31581"N"19"F=45" 75
DG4G6;5;"D1=?"1384"E"N"729115;"@=?<=29=>"]h15?+

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0:8 " 43=? " 9A34? " ?3=? " 15? " C5=> " =4 " '9L159= " 434 " J384? " 911GB3;8<=5E " N " 9L?3P
1=J546"%BCD6854"Y"81"5?6"84686=1G"12%'*0F%+"*4"C"A386E"54"5II56E"=45"%63815"L;81P
19465E " 9=63=6 " 75 " 19<=5115 " ?346 " ?5D6 " 9=6;5? " D1=? " D56865?+ " F5 " L9? " 7= " '9L159= " 5?6
3::=DG " D9; " =45" I5JJ5 " D94:HG5 " ?=; " =4 " B543= " <=8 " 68546" 75=> " A9?5?" ;54A5;?G? " E
723_ " :3=1546 " 75=> " `15=A5?+ " ( " :h6G " 75 " :5665 " I5JJ5 " 5?6 " =4 " D9D81134 " ?=; " =45
I15=;+
Z25?6"12%BCD68948?J5"63=6"D=;+
Z5665 " %63815 " E " D9; " 5>:51154:5 " E " 5?6 " 19 "Z(W0Z#F%" 3= "&0)0#&"R " %63815 " <=8 " ?5
1KA5"13;?<=5"15"&31581"?3;6"7="?8B45"7="Z94:5;E"D9;"15<=51"?5"65;J845"15"'9L159=
D;G:G7546"E"N"<=5":5665"%63815"?=86"8:8"8JJG78965J546+
F5?"?5D6"%63815?"<=8"1254A8;34J546"E"N"<=8"?5JL1546"1=8"I98;5"15=;":3=;"E"?346
15? " ]1945665? " R " 5115 " 5?6 " 54 " <=51<=5 " ?3;65 " 15=; " )5845 " E " D=8?<=25115 " I8>5 " 794? " :56
s0t"*="&6;3J965?"E"F8A+"\+

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84?6946 " 15 " :3JJ54:5J546 " 75 " 12944G5 " Y " 5115? " ?5JL1546 " A548; " ;5:5A38; " ?5? " 3;7;5?
D3=;";GB15;"15=;":3=;?"?=;"5115+
F9 " !9J5 " <=8 " 5?6 " 9=P75??3=?E " N " I3;6 " 9665468A5 " 794? " :5 " J3J546 " S " ;GD947;5
1259= " 75 " ?5? " A9?5?E " 5?6 " 19 " &3=A5;9845 " 75? " Z85=>E " 0&0&E " S " 19 " L854I98?94:5 " 75 " 19P
<=5115 " 34 " 966;8L=386 " 15? " 8434796834? " 7= " W81E " <=8 " :3JJ54:546 " 9= " 15A5; " 75 " 19
Z948:=15 " Y " 984?8 " :5 " 15A5; " G6386 " 1294434:5 " 75 " 128434796834+ " Z25?6 " D3=; " :5665 " ;98P
?34 " <=5 " 19 " Z948:=15 " G6386 " :34?9:;G5 " S " 0?8?E " <=25115 " G6386 " ?34 " ?CJL315 " D9; " 5>P
:51154:5+
%6 " :3JJ5 " 12944G5 " ?23=A;386 " GB915J546 " D9; " 15 " 15A5; " 75 " :56 " (?6;5E " 34 " 129DP
D511386 "&*'dP0&" E " 3=A5;6=;5 " 75 " 12944G5 " Y " N " :25?6 " ?3=? " :5 " 43J " <=281 " G6386
:34?9:;G"S"0?8?+
%4I84 " E " 19 " `15=; " N " 15 "](]0FF*W" <=25115 " ?=DD3;65 " E " G638546 " 125JL1UJ5 " 75 " 19
;GBG4G;96834 " N " 75 " 19 " ;G?=;;5:6834 " R " 81? " 8478<=38546 " 54 " JUJ5 " 65J? " <=2S " 19
I9A5=;"75?"L854I986?"720?8?""E9="15A5;"75"19"Z948:=15"E"15?"Z9JD9B45?"75"12%BCD65"E
<=8"G638546"9L?31=J546"4=5?"E"?5":3=A;8;38546"75"43=A5115?"J38??34?+

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F5"43+" [000+ " ;5D;G?5465 "19" b3;6 "R " 5115" I9=:H5" 15?" d=J984?" E "15?" )38?" N" 15?
)5845?"E"15?"a;947?"N"15?"]5686?"Y";854"45";G?8?65"S"?9"I9=1>"J5=;6;8K;5+
01 " 425?6 " D9? " G6344946 " <=25115 " ?386 " D19:G5 " ?3=? " :5 " 4=JG;3 " Y " 15 " 43JL;5 " 6;58f5
I=6 " 63=@3=;? " ;5B9;7G " :3JJ5 " J91H5=;5=>+ " 01 " I9=6 " <=5 " 6;K?P94:85445J546 " 81
?386 " 9;;8AG " <=51<=5 " B;947 " J91H5=; " 794? " =4 " D9;581 " @3=; " E " N " <=5 " 15 " ?3=A548;
54 " 986 " 84I1=G " ?=; " 63=65? " 15? " 94:85445? " W96834?+ " &5;386"P":5 " D9; " =45 " ?=865 " 75 " :5
?3=A548;"<=5"15?"6;58f5"';8L=?"75"dGL;5=>"42346"@9J98?"G6G":3JD6G5?"<=5"D3=;
73=f5"V
(@3=634? " <=281 " 425?6 " D9? " G6344946 " 434 " D1=? " <=5 " 15? " %BCD6854? " 9C546 " 84?5;G
19 " b3;6 " 794? " =4 " @5= " <=8 " 45 " 75A;386 " ;GA58115; " <=5 " 75? " 87G5? " 9B;G9L15? " R " :5 " $5=
G6386 " =4 " @5= " 75 " B=5;;5 " E " 19 " b3;6 " 75A386 " 734: " C " 546;5; " R " :25?6 " 984?8 " <=5 " 15 " @5=
75?"G:H5:?"I8486"D9; "E8J,8#:*(" E"D3=;"J85=>"78;5"D9; "KJ*#:*( #E"19"J3;6"7=")38+
!298115=;? " E" 43=? " 9A34?"5=" 3::9?834 "75";9DD5115;" 794?"15"Z91547;85;" E"<=5" 794?
15?"I5?684?"E":5"]5=D15"?9B5"N";GI1G:H8"I98?386"D9;3O6;5"=4"?<=515665"?3=?"15"43J
75 "G*',)&.E" ?94? "73=65" 9I84 " 7254B9B5;" 15?":34A8A5?" S"45" D9?"?5" 6=5;" D9; "B3=;P
J9478?5+"ZH9:=4"9"?9"J9485;5"75"A38;"E"N"81"45"I9=6"@9J98?"78?D=65;"75?"B3Q6?+

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F5 " 43+ " [\+ " ;5D;G?5465 " =4 " :G15L;5 " D5;?3449B5 " %BCD6854 " E "'v]d*W" E " I;K;5
72*?8;8? " N " 720?8? " E " 15 " J9=A98? " ];84:8D5 " E " 15 " B;947 " !GJ34 " 72%4I5; " R " 81 " 9 " 75?
9815? " 75 " :H9=A5P?3=;8? " E " 75? " D857? " N " 75? " J984? " 72H9;D85 " Y " S " 19 " 6U65 " E " 75 " A8P
19845? " :3;45? " 75 " :5;I " R " 34 " 129 " I986 " 9=??8 " 1987 " E " 9=??8 " 789L15 " <=234 " 9 " D=+ " ( " ?5?
D857? " ?346 " 75=> " D5686? " !89L13684? " S " 134B=5? " 3;58115? " E " S " B;9475 " <=5=5 " E " 15?
J984? " 18G5? " 75;;8K;5 " 15 " 73? " R " 81? " ?346 " 5=>PJUJ5? " 9669:HG? " D9; " =45 " :3;75 " <=8
15=; " D9??5 " 9= " :3= " E " N " <=8 " 5?6 " 9;;U6G5 " 9= " D8G75?691 " 75 " 'CDH34 " R " :25?6 " <=281 " 45
1e:H5"D9?":5=>"<=8"?346"S"1=8"Y"81"98J5"L854":5=>"<=8"?346"?854?+

W3+ " [ \ 0+
P/*+07M!*,'#H#0'#<RT1,/'#3,#N2'1'+;
]3=; " 15 " :3=D " E " 43=? " 9A34? " 8:8 " =45 " 15T34 " :346;5 " 129A9;8:5+ " Z5 " 69L159= " ;5P
D;G?5465 " =45 " '3=; " E " <=234 " 9DD5115 "b(0&*WP!0%#E " :25?6PSP78;5E " 19 " b98?34 " D9;
5>:51154:5"Y":25?6"=45"'3=;";5JD185"723;"Y":25?6"15"ZHe659="75"]1=6=?"Y"81"63JL5
54";=845?"E"N"?5?"(73;965=5;?"63JL546"G:;9?G?"?3=?"?5?"7GL;8?+
( " :56 " 54?5JL15 " E " D5=6P34 " JG:3443O6;5 " 12d8?638;5 " 75 " :5 " ];84:5 " %BCD6854
7346 " D9;15 "dq)*!*'%E " N " <=281 " 9DD5115 "LI5GFKCMCB" E " <=8 " E " 9C946 " I986 " :34?P
6;98;5" =45" B;9475" '3=; " 75" D85;;5" D3=;" ;54I5;J5; " ?5?" 6;G?3;? " E " N" 7346" 1=8" ?5=1
9A386 " 19 " :15I " E " ?29DD5;:5A386 " :5D547946 " <=281? " 78J84=38546 " S " A=5 " 723581 " E " ?94?
<=234 " D9??e6 " 54 " 9=:=45 " J948K;5 " D9; " 19 " ?5=15 " D3;65 " <=8 " 5>8?6e6 " S " :56 " G78I8:5+
]3=;"7G:3=A;8;"75?"A315=;?"9=??8"97;386?"E":5"];84:5"?29A8?9"75"6547;5"75?"D8GB5?
9=63=; " 75? " A9?5? " <=8 " :3465438546 " ?5? " ;8:H5??5?+ " F5? " A315=;? " G638546 " 15? " 75=>
I81? " 75 " 12(;:H865:65 " 7346 " ?2G6386 " ?5;A8 " )H9JD?8486 " R " 81 " 9A386 " JG49BG " =45 " D85;;5
75 " 65115 " J9485;5 " E " <=25115 " D3=A386 " ?2h65; " N " ?5 " ;5J566;5 " S " A31346G " ?94? " <=234
?254"9DD5;TQ6+"01"54?58B49"?34"?5:;56"S"?5?"54I94?"<=8"?254"?5;A8;5"46"J5;A58115=P
?5J546 " :3JJ5 " 34 " A386+ " 01? " A3138546 " 15 " ];84:5 " E " N " D=8? " 81? " ?5 " @56638546 " 75 " 19
'3=; " 54 " L9? " R " :25?6 " 984?8 " <=281? " ?346 " ;5D;G?546G? " 8:8+ " Z25?6 " S " 19 " AG;86G " 15 " D1=?
L59="75"12d8?638;5"Y"34"6;3=A5;9"794?"dG;37365"15";5?65"75":5":3465"84BG485=>"R
:3JJ546" =4 "75?" 75=>" I;K;5?" I=6" D;8?" 794?" 15?" I8156?" R ":3JJ546" 81"54B9B59" ?34
I;K;5 " S " 1=8 " :3=D5; " 19 " 6U65 " R " :3JJ546 " 15=; " JK;5 " A3=1=6 " 9L?31=J546 " <=5 " :51=8P
:8 " ;9DD3;6e6 " 15 " :3;D? " 75 " ?34 " I;K;5 " R " :3JJ546 " 81 " 9119 " 9A5: " 75? " 3=6;5? " :H9;BG?
?=; " =4 " e45" D3=;" 548A;5; " 15?" a9;75?" 7=" :979A;5" N" 7=" ]9198?" R " :3JJ546E " 9D;K?
<=281?

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<=281? "5=;546"A87G"?5?"3=6;5?"J91B;G"?5?" 19;J5?"9;68I8:85=?5?" E"N"<=281?" ?5"I=;546
5473;J8?"E"81"15=;":3=D9"S"63=?"19"L9;L5"7=":36G"7;386"E"N"15=;"5415A9"15":3;D?
75 " ?34 " I;K;5 " R " :3JJ546 " 15 " )38 " I3;6 " G6344G " E " 54B9B59 " ?9 " I8115 " S " ?5 " I98;5 " ;9P
:3465;"D9;" :H9:=4" 75" ?5?" 9J94?" 15" D1=?" @318" 63=;" <=281?" 5=??546" I986" R":3JJ546
:5 " @5=45 " GA5811G " 9119 " 9=D;K? " 75 " 19 " L5115 " E " 1=8 " ;9:3469 " 63=6 " :5 " <=281 " 9A386 " I986 " R
:3JJ546"19"L5115"9C946"A3=1="129;;U65;"E"5115"45"?5"6;3=A9"9A38;"?98?8"<=2=4"L;9?
D3?68:H5 " R " :3JJ546 " E " D3=; " 9:H5A5; " :5665 " B;9475 " 9A546=;5 " E " N " 19 " J545; " S
=45 " H5=;5=?5 " I84 " E " :5 " )38 " D;3J86 " :5665 " JUJ5 " ?85445 " I8115 " 9= " @5=45 " H3JJ5
84BG485=> "<=8 "129A386" ?8"L854 " @3=G "E " :3JJ5 "S "19" D5;?3445"19" D1=?"78B45" 725115" Y
:5"<=8"?25>G:=69"S"19"B;9475"?968?I9:6834"75"63=?+
$5 " 45 " ?98? " ?8 " dG;37365 " D;86 " :5 " :3465 " D3=; " =45 " H8?638;5 " ;G5115 " Y " J98? " =4
]5=D15 " :9D9L15 " 7284A5465; " 75 " D9;58115? " )3J94:5? " 3= " `9L15? " b81G?85445? " E
D3=A386"I3;6"L854"84A5465;"=4"@5="<=51:34<=5+
Z56"%:;8A984";9DD3;65"=4"9=6;5"I986"<=8"D;3=A5":5"<=5"43=?"9A34?"786"794?"12d8?P
638;5 " 7= " Z91547;85; " E " <=5 " 15? " ?696=5? " 75? " aG94? " <=234 " D;3J545 " 794? " 78A5;?5?
`U65?"E"7G?8B4K;546"D;5?<=5"63=@3=;?"15?"?98?34?+"01"786"<=5")H9JD?8486"E"15"JUJ5
];84:5"7346"43=?"A5434?"75"D9;15;"E"I86"G15A5;"9="W3;7"N"9="b878"7="'5JD15
75 " \=1:984 " 75=> " ?96=5? " 75 " A84B6P:84< " :3=7G5? " 75 " H9=6 " E " <=234 " 9DD511386
12H(E" N " 12I+7,)" R " 34 " 973;386E " 9@3=65P6P81 " E " :5115P1S " E " N " 34 " ?9:;8I8386E " 9= " :34P
6;98;5 " E " S " :5115P:8 " R " :25?6 " 734: " :3JJ5 " 15? " &9=A9B5? " <=8 " ;5:34438??546 " 15 " L34
];84:8D5"N"1298J546E"J98?"<=8"45"?9:;8I8546"<=29="J9=A98?+

W3+ " [+
8/#B0',#3,#F0(1'7,;
F5 " 75;485; " 4=JG;3 " 75 " :5665 " ]194:H5 " 5?6 " 19 " )3=5 " 75 " `3;6=45+ " 0:8 " 75? " ]5;P
?3449B5? " H=J984? " E " ?3=? " 19 " I3;J5 " 75 " &84B5?E " 75 " ZH854?E " 75 " F9D84?E " N:+
?2G15A546 " 63=;PSP63=; " ?=; " :5665 " ;3=5 " S " 19<=5115 " 81? " ?346 " 9669:HG?R " 34 " 78;386 " <=5
:25?6 " =45 " ?96C;5 " :346;5 " 19 " I3;6=45E " N " :346;5 " :5=> " <=25115 " G1KA5 " ;9D875J546 " N
<=25115"198??5";563JL5;"9A5:"19"JUJ5";9D8786G+

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Z5 " '9L159= " ;5D;G?5465 " =4 " (4B5 " ?344946 " 75 " 19 " 6;3JD5665"R " 34 " A386 " 9=??8P
6h6":3JJ5"?3;68;"75"65;;5"=4"A858119;7E"=45"I5JJ5E"=4"54I946"4=7?+
!8??+"'3J+"0+
MLL

,ci""""""""""""""""""""""!""#"""""$""%""#"""""!""%""&"""""'""("")""*""'""&+
F5? " Z9;685;? " <=8 " 9A38546 " D5;7= " 19 " A915=; " 75 " :5? " '9L159=>E " N " D1=? " 54:3;5
15=; " 54?5JL15E " 346 " A= " 8:8 " 15 " $=B5J546 " 75;485;Y " N " D3=; " 15 " ;547;5 " D1=? " ?54P
?8L15E " 81? " C " 346 " J8? " :3JJ5 " 75? " 5?DK:5? " 75 " 63JL59=>+ " *65f " :5? " 63JL59=>E " :5
'9L159= " ?5;6 " GB915J546 " S " 7G?8B45; " 19 " Z;G96834E " 9;;8AG5 " 794? " 15 " '5J?E " 9=
:3JJ54:5J546"7="'5J?E"<=28478<=5"15"43+"[[0+

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8 % #E %P& H#U/2#70UU4#2,#P AL!% ;
Z5 " '9L159=E " <=5 " 15? " Z9;685;? " 346 " 9DD511G " 15 " b3475E " D9;:5 " <=281? " 12346
:34?87G;G " :3JJ5 " 123;8B845 " 75 " 63=6E " ;5D;G?5465 " 15 " '5J?+ " *4 " 45 " D5=6 " 15 " JGP
:3443O6;5"S"?34"54?5JL15+
!94? " 15 " :546;5 " 5?6 " 19 " !G5??5 " 7= " '5J?E " 9A5: " ?34 " A3815 " <=8 " A3168B5E " N " <=8
1=8 " ?5;6 " 75 " :5846=;5 " 3= " 75 " ]5D1=JE " :3JJ5 " 129DD51138546 " 15? " (4:854?+ " %115 " 5?6
794? "1296686=75" 75":3=;8; ":3JJ5 "15" '5J?E "N" 794?" =4 ":5;:15 "<=8" ;5D;G?5465 "15?
;GA31=6834?"7="'5J?Y"984?8"<=5"12r=I"3_"63=6"5?6"?3;68"794?"15"'5J?+
(=> " <=96;5 " :384? " 7= " '9L159= " ?346 " 15? " 5JL1UJ5? " 75? " <=96;5 " &98?34?E " <=8
I3;J546 " 15? " ;GA31=6834? " 75 " 12944G5E " 15? " JUJ5? " <=8 " :3JD3?38546 " 15? " <=96;5
6U65?"75?"ZHG;=L84?+"Z5?"5JL1UJ5?"?346E
F2(8B15E"15"F834E"15"Mr=IE"N"15"$5=45Pd3JJ5E
F2(8B15";5D;G?5465"15"];8465J?E"3_";5D9;38??546"15?"38?59=>+
F5"F834E"12%6G"3="15?"9;75=;?"7="&31581+
F5"M35=IE"12(=63J45"3_"34"19L3=;5"N"3_"34"?KJ5+
F5"$5=45Pd3JJ5E"12d8A5;E"3_"1234"?5";G=486"54"?3:8G6G+

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*=6;5 " 15? " (63=?E " :5 " $5= " 5?6 " :3JD3?G " 75 " <=96;5 " Z3=15=;? " 78?684B=G5? " D9;
15=;?"5JL1UJ5?R"34"15?"9DD5115"%]q%E"Z*#]%E"Mn'*W"N"!%W0%)+
*4"D5=6"A38;"15?"(?"75":5?"<=96;5":3=15=;?"794?"19"]194:H5"\000+
( " ;5D;G?5465 " 12(? " 72%DG5E " ?=;J346G " 72=45 " :3=;3445 " <=25463=;546 " 75?
D91J5?+
ME " 12(? " 75 " Z3=D5R " 81 " 9 " 1298; " 72=4 " ZHe659=Y " :25?6 " 984?8 " <=234 " I98?386 " 9=6;5P
I38?"15?"B;9475?"69??5?"729;B546+
ZE"12(?"75"Me634Y":25?6"=45"A;98"J9??=5+
!E"12(?"75"!5485;E"54A8;344G"75"B=8;19475?+

!""#"""""$""%""#"""""!""%""&"""""'""("")""*""'""&+"""""""""""""""""""""",cm
ZH9:=45 " 75 " :5? " :3=15=;? " 5?6 " :3JD3?G5 " 75 " <=963;f5 " Z9;65?E " :25?6PSP78;5 " 75
78> " Z9;65? " 4=JG;36G5? " 75D=8? " 0+ " @=?<=2S " [E " N " 75 " <=96;5 " Z9;65? " I8B=;G5? " E
<=234 " 9DD5115 " 15 " )38E " 19 " )5845E " 15 " ZH5A9185; " 3= " Z9A9185;E " N " ?34 " %:=C5; " 3=
\9156+
Z5? " <=96;5 " Z3=15=;? " ?346 " ;51968A5? " 9=> " <=96;5 " %696? " 546;5 " 15?<=51? " G638546
78A8?G?"15?"%BCD6854?+
F2qDG5"7G?8B4386"15"&3=A5;984"N"19"W3L15??5"63=65"b818698;5+
F9"Z3=D5E"15"Z15;BG"3="15"&9:5;73:5+
F5"Me634E"3="b9??=5"72d5;:=15E"12(B;8:=16=;5+
F5"!5485;E"15"Z3JJ5;:5"7346"129;B546"5?6"15"?8B45+
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Z5 " $5= " 5?6 " 9L?31=J546 " I347G " ?=; " 15 " 43JL;5 " ?9:;G " 75 " ?5D6+ " ZH9<=5 " :3=15=;
5?6" 75" 75=>" I38? " ?5D6" :9;65?+ " F5?" (63=?" ?346" 9=" 43JL;5 " 75" 6;38?" I38?" ?5D6" Y " 15
43JL;5 " 75? " :9;65? " 75 " ?38>9465P78>P?5D6Y " 15 " `3= " G6946 " :3JJ5 " j+ " *;E " D5;?3445
428B43;5 " 15 " ;h15 " <=5 " :5 " 43JL;5 " @3=386 " :H5f " 15? " %BCD6854?E " N " <=281 " G6386 " 75P
A54=":H5f " 5=>" =45" I3;J=15" S"19<=5115" 81?";9J5438546"15?" G1GJ54?"75" 63=65?" 15?
&:854:5?+
F287G5 " ?848?6;5 " 9669:HG5 " 794? " :5 " $5= " 9= " 43JL;5 " 6;58f5E " ;9JK45 " GB915J546
I3;6"L854"S"19"JUJ5"3;8B845+
Z5 " $5= " 45 " D5=6 " 734: " 9A38; " G6G " 84A546G " <=5 " D9; " 75? " %BCD6854?E " D=8?<=281 " 9
D3=; " L9?5 " 15 " 43JL;5 " ?5D6Y " <=281 " 5?6 " ;51968I " S " 19 " 78A8?834 " 75? " H9L8694? " 75 " 12%P
BCD65" 54 " <=96;5" :19??5?Y " <=5 " 19" D1=D9;6" 75" ?5?" (63=? " ?5" ;9DD3;6546 " 9L?31=J546
S " 12%BCD65E " 651? " <=5 " 15? " 75=> " ZH5I? " 75? " d8G;3DH9465?E " H3JJ5 " N " I5JJ5E " 0?8?
3= " 19 " Z948:=15E " 'CDH34E " *?8;8?E " 19 " b98?34P!85=E " 15 " b3475E " 15? " ZH854? " <=8
7G?8B4546 " 15 " ';3D8<=5E " N:Y " <=5 " :5 " $5=E " 5468G;5J546 " 911GB3;8<=5E " 45
U6;5"123=A;9B5"<=5"75?"?5=1?"%BCD6854?+
04A546G " D9; " =4 " H3JJ5 " 75 " BG485E " 9A946 " 3= " 9D;K? " 15 " $5= " 75? " %:H5:?E " N
;G=48??946 " 12=68186G " 9= " D198?8;E " 81 " 5?6 " D9;A54= " @=?<=2S " 43=? " S " 6;9A5;? " 63=? " 15?
?8K:15?Y " 81 " 9 " ?=;AG:= " S " 19 " ;=845 " 5468K;5 " 75 " 12%BCD65 " N " 75 " :5? " :34438??94:5?
<=8 " 19 " 78?684B=38546Y " N " 69478? " <=234 " 429A386 " 4=115 " 87G5 " 75 " 19 " ?9B5??5 " 75? " 15P
T34? " <=281 " ;54I5;J386E " 34 " 45 " 198??386 " D9? " 75 " ?29J=?5; " 7= " $5= " <=25115 " 9A386
84A546G+
01 " 5?6 " 7298115=;? " 98?G " 75 " 6;9:5; " 19 " ;3=65 " <=281 " 9 " 654=5 " D3=; " 9;;8A5; " 794?
43? " Z346;G5?+ " !94? " 15? " D;5J85;? " ?8K:15? " 75 " 12%B18?5E " 15? " %BCD6854? " G638546
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6;K?P;GD947=? " S " )3J5Y " 81? " C " 9A38546 " D3;6G " 15=;? " :G;GJ3485? " N " 15 " :=165
720?8?Y"D9;":34?G<=546"15"$5="7346"81"?29B86+
Z5 " $5=E " 846G;5??946 " D9; " 1=8PJUJ5E " I=6 " 7344G " S " 12069185 " @=?<=2S " :5 " <=5
15?"1898?34?"75?"(115J947?"9A5:"15?"0691854?"15"I8;546":3443O6;5"75":5665"?5:3475
W96834Y " N " @=?<=2S " :5 " <=5 " :5115? " 75? " Z3J65? " 75 " ];3A54:5 " 9A5: " 12069185E
N " ?=; " 63=6 " 15 " ?G@3=; " 75 " 19 " Z3=; " 75 " )3J5 " S " (A8B434E " 15 " 496=;918?9 " 54 " ];3P
A54:5"N"S"(A8B434+
&281 " 45" A846" D9?" @=?<=2S" ]9;8?E " 81" I9=6" 12966;8L=5;" S" 19" L8?9;;5;85" 75" ?5?" I8B=;5?
N " 9= " A31=J5 " 75 " ?5? " Z9;65? " <=8 " 42G638546 " D3846 " 75 " 496=;5 " S " D198;5 " S " 19 " A8A9P
:86G"75?"!9J5?"`;94T38?5?+"(=??8"I=6P34"3L18BGE":3JJ5"43=?"15"A5;;34?"L8546h6E
75";G7=8;5"5>:5??8A5J546":5"$5="54"15=;"I9A5=;+
Z5D547946 " 12%BCD65 " 5115PJ5J5 " 45 " @3=86 " D3846 " 7= " I;=86 " 75 " ?34 " 84A546834 " R
;G7=86? " S " 19 " ?5;A86=75 " 19 " D1=? " 7GD13;9L15E " S " 128B43;94:5 " 19 " D1=? " D;3I3475E
D;8AG? " 75 " 63=? " 15? " (;6?E " ?5? " d9L8694? " ?5;38546 " H3;? " 72G696 " 75 " I9L;8<=5;
=45"?5=15"Z9;65"75"$5=+
&8 " 43? " Z9;65? " `;94T38?5?E " 84I848J546 " J384? " :3JD18<=G5?E " 5>8B546 " 15 " 6;9A981
?3=654= " 72=45 " J=1686=75 " 75 " J984? " N " 15 " :34:3=;? " 75 " D1=?85=;? " (;6?E " :3JJ546
:5"]5=D15"84I3;6=4G"9=;386P81"D=":34?5;A5;"15?"?85445?"V"'51?"?346"15?"J9=>"<=8
I347546"?=;" =45"W96834"9??5;A85E" <=25115"D5;7"@=?<=5?"9=>"3L@56?"75" ?5?" 9J=?5P
J54? " R " 429C946 " D= " :34?5;A5; " ?5? " 9A9469B5? " 15? " D1=? " D;G:85=>E " 75 " <=51 " 7;386
D;G6547;386P5115"S":5"<=8"4254"G6386"<=2=4"7G19??5J546"9B;G9L15"V

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?8B48I85 " A385E " :H5J84Y " N " 7= " J36 ")*E " )*&E " )*aE " <=8 " ?8B48I85 " )38E " )3C91+
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01 " ?5 " ;9DD3;65 " 54 " 5II56 " S " 19 " A85 " 5468K;5 " 75? " Z863C54?E " D=8?<=281 " 5?6 " I3;JG
75? " 78A5;? " %696? " 546;5 " 15?<=51? " 81? " ?346 " 78A8?G?E " N " <=5 " :5 " $5= " 15? " ?=86 " 75D=8?
15=; " 498??94:5 " @=?<=2S " 19 " J3;6E " 54 " 15=; " J346;946 " 63=65? " 15? " A5;6=? " N " 63=? " 15?
B=875? " DHC?8<=5? " N " J3;9=> " 9=><=51? " 81? " 738A546 " ?29669:H5;E " 651? " <=5 " 15 " )38E
19")5845E"15?"ZH5I?"75"19")518B834E"15"&31581E"19"F=45E"N:+

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01 " 15=; " 9DD;547 " 54 " JUJ5 " 65J? " D9; " 15 " $3=5=; " 75 " B3L5156? " N " D9; " 19 " ;3=5
75" I3;6=45E " <=5" ;854 " 425?6 " D1=?" 84:34?6946 " 794? " :5 " J3475" <=5 " 15?" 78A5;? " %696?
75 " 12H3JJ5R " <=5 " ?34 " ?5=1 " ;5I=B5 " 5?6 " 794? " 19 " A5;6=E " <=8 " 45 " 1=8 " J94<=5 " @9J98?
9="L5?384+
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<=8 " 45 " ;5??5JL15 " S " ;854 " 794? " 43? " F94B=5? " *::87546915?E " 5?6 " *;854691 " D=;
N " 6;K?PL854 " :H38?8R "](a" ?8B48I85 " 54 " *;8546E " ZH5IE " b9O6;5E " &58B45=; " R " N
N5AE " 19 " `3;6=45+ " %4 " 5II56E " 81 " 5?6 " ;5D;G?5465 " :3JJ5 " 78?D3?946 " 7= " ?3;6 " 9A5:
?9"L9B=5665"75"$9:3L"3="?9"A5;B5"75?"b9B5?+

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34"15"@3=5R":25?6"1=8"<=8"A9"D9;15;E"?8"43=?"129A34?"L854":3JD;8?+
*4 " @3=5 " :5 " $5= " S " 75=>E " J98? " 34 " 73445 " 15? " Z9;65? " :3JJ5 " ?8 " 34 " @3=386
6;38? " R " :H9<=5 " $3=5=; " 429 " 734: " <=2=4 " 685;? " 75? " Z9;65?R " 984?8 " D547946 " 15
:3JL96 " 81 " C " 9 " 63=@3=;? " =4 " 685;? " 75? " ';3=D5? " <=8 " ?5 " ;5D3?546Y " 34 " D3=;;386 " 15?
9DD5115;"15"Z3;D?"75";G?5;A5+
Z9; " :5 " $5= " 5?6 " =4 " $5= " 75 " B=5;;5E " N " 434 " =4 " $5= " D9:8I8<=5 " :3JJ5 " 34
129A386 " 786 " J91PSPD;3D3?R " 3; " 794? " 63=65 " (;JG5 " 81 " C " 9 " =4 " Z3;D? " 75 " ;G?5;A5+
!298115=;?E " :5665 " ;G?5;A5 " ;547 " 15 " $5= " D1=? " 78II8:815E " D=8?<=234 " 9 " L59=:3=D " D1=?
75"D5845"S"75A845;"15?"Z9;65?"<=5"D5=6"9A38;"?34"97A5;?98;5+
*4"73445"15?"Z9;65?"D9;":84<E"3="75":84<"54":84<+
&=; " 15? " ci " Z9;65?E " 81 " 54 " ;5?65 " 734: " 6;38? " S " 19 " I84Y " 9= " 185= " 75 " 15? " D9;69B5;
546;5 " 15? " $3=5=;? " N " 19 " ;G?5;A5 " 3= " 15 " b3;6E " :51=8 " <=8 " 73445 " 15? " B9;75 " D3=;
1=8"Y":5"<=8"1=8"73445"129A9469B5"7254"G:9;65;"6;38?+

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F5?"X/+"Xj+"/m+"/i"N"/c+"?346"9DD511G?"15?":84<"B;947?"(63=?+
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&8 " 34 " 54 " 9 " 6;38? " 75? " B;947? " 3= " 6;38? " 75? " D5686?E " 34 " :3JD65 " :84< " D3846? " R
78>"D3846?E"?8"34"54"9"<=96;5Y"N"<=84f5E"?8"34"54"9":84<+
Z25?6 " 54:3;5 " =45 " J948K;5 " 75 " :3JD65; " %BCD685445R " 15 "-+'*+)," 3= " 75485; " 75
]C6H9B3;5 " G6946 " GB91 " 9= " <=965;498;5E " D=8?<=5 " =4E " 75=>E " 6;38? " N " <=96;5
9@3=6G?"54?5JL15"I346"78>+
&8 " 34 " 9 " 78> " (63=? " 794? " ?34 " $5=E " 34 " 15? " G6915E " N " 81? " A91546 " 54:3;5 " 78>
D3846?E " ?8 " 34 " 54 " 9 " 6;58f5E " 34 " 15? " G6915 " 9=??8E " N " 81? " A91546 " <=84f5 " D3846?E
847GD5479JJ546"75?"9=6;5?":3JL8498?34?+
&5D6 " Z9;65? " D3;6546 " 15 " W3J " 75 " '9;3? " D9; " 5>:51154:5R " :5 " ?346 " 15? " Z9;65?
D;8A81GB8G5?Y"N"54:3;5"8:8E"15"43JL;5"75"?5D6+"Z5?"Z9;65?"?346R
F5"b3475"3="(63=6"X/+
(63=?P'9;36?+
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&8 " 34 " 9 " 75=> " 75 " :5? " (63=?P'9;36?E " 34 " 75J9475 " S " 129=6;5E " <=8 " 45 " 129 " V " ?8
:51=8P:8"45"D5=6";GD347;5"54"J346;946"15"6;38?8KJ5E":51=8"<=8"9"I986"19"<=5?6834
J9;<=5 " .+ " D3846?R " 81 " 54 " J9;<=5 " /.+ " ?281 " 15? " 9 " 63=? " 6;38?+ " F5? " ?G<=54:5? " 3= " 15?
u"I8B=;5?"75"19"JUJ5":3=15=;"A91546".+"D3846?+
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F5 " `3= " 45 " D;547 " ;854E " ;854 " 45 " 15 " D;547R " 81 " I3;J5 " (63=6E " 81 " 5?6 " 75 " 63=65
:3=15=;"GB915J546+
$3=5P6P34 " =4 " )38E " 429P6P34 " D9? " 19 " !9J5E " 34 " J56 " 15 " `3=E " :5 " <=8 " ?29DD5115
5>:=?5+
F5"`3="9A5:"75=>")38?E":3JD65"."D3846?"R"9A5:"6;38?E"<=84f5+
#4")38":3=DGE"3="J3;6E"."D3846?"D3=;":51=8"<=8":3=D5+
&8"34"D;547"]9B97"S"?34"97A5;?98;5E"34"J9;<=5"."D3846?+
(84?8 " 15 " $5= " 5?6 " 75 " D;547;5 " S " ?34 " 97A5;?98;5 " 15? " I8B=;5? " <=8 " :3JD6546
15 " D1=? " 75 " D3846?E " N " 75 " I98;5 " 63=? " ?5? " 5II3;6? " D3=; " I3;J5; " 75? " ?G<=54:5?"R

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:34?G<=546 " A38; " A548;E " 54 " ?9:;8I8946 " 75 " I38L15? " (63=?E " 3= " 15? " D1=? " I38L15?
Z9;65?"75"?5?":3=15=;?+
01 " 7386 " ?=; " 63=6 " ?5 " I98;5 " 75? " ;5434:5?E " 9I84 " 75 " ?9=A5; " ?5? " I3;65? " Z9;65? " 54
:3=D946":5115?"75"?34"97A5;?98;5+
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Z51=8 " <=8 " 73445 " 45 " D5=6 " G:9;65; " 48 " (63=? " 48 " )38?Y " 81 " ?5 " ?5;386 " 6;3D " L59=
$5=E " D=8?<=281 " ?5 " ?9=A5;386 " ?94? " DG;81+ " '3=6 " :5 " <=234 " 1=8 " D5;J5; " 54 " I9A5=; " 75
?9 " D;8J9=6GE " :25?6 " 72G:9;65; " =45 " ?G<=54:5R " :9; " 5115 " :3JD65E " N " 5115 " D5=6 " 1=8
I3;J5;"=45";5434:5E":5"<=8"5?6"=4"73=L15"9A9469B5+
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F9 " D9;685 " 5?6 " 54 " :546E " :3JJ5 " 9= " ]8<=56E " 9A5: " :5665 " 78IIG;54:5E " <=5 " :5
425?6 " D9? " :51=8E " <=8 " 9;;8A5 " 15 " D;5J85; " S " :546 " 13;?<=5 " 19 " D9;685 " 5?6 " :3JJ54:G5
<=8 " B9B45E " J98? " :51=8 " <=8 " I986 " 913;? " 15 " D1=? " 75 " D3846?Y " :9; " 81 " I9=6 " <=5 " 63=65
D9;685 " :3JJ54:G5 " 98115 " @=?<=29= " L3=6R " 81 " 3II;5 " 984?8 " D1=? " 75 " ;5??3=;:5 " <=5 " 15
]8<=56+
]3=; " :3JD65; " 15? " D3846? " <=234 " 9 " 794? " ?5? " J984?E " :H9:=45 " 75? " ?5D6 " Z9;65?
9DD511G5?"'9;36?E"9A5:"=45"Z9;65"75":3=15=;E"A9=6".+"D3846?+
F9"!9J5"9A5:"=45"Z9;65E"u+
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F5"\9156"9A5:"=45"Z9;65E"X+
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*4 " :3JD65 " 125>:57546 " 75? " D3846? " <=2=4 " 75? " 97A5;?98;5? " 9 " ?=; " 129=6;5E " N
81"15?"J9;<=5"R"34":34684=5"75"@3=5;"@=?<=2S":5"<=234"?38;"D9;A54="S":546+

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*4 " 43=? " 9 " I986 " A38; " ?=; " =4 " Z96913B=5 " 75 " F8A;5? " 0691854?E " 15 " 686;5 " 72=4
*=A;9B5 " 3_ " 19 " aG3B;9DH85 " 5?6 " 546;519:G5 " 9A5: " 15 " $5= " 75? " '9;36? " R " N " 43=?
429A34? " D= " 9A38; " :5 " F8A;5+ " Z3468546P81 " 75? " 15T34? " 75 " aG3B;9DH85 " S " B;9A5; " ?=;
:H9<=5 " Z9;65 " 75 " :5 " $5=V " %?6P:5 " =45 " 9DD18:96834 " 75 " :5 " $5= " S " 19 " aG3B;9DH85 " V
F5 " :H9JD " 75 " :34@5:6=;5? " 5?6 " ?94? " I84E " N " D5=6PU6;5 " <=2S " I3;:5 " 75 " J=168D185;
15? " :3JL8498?34?E " 43=? " 43=? " G138B45;834? " D1=? " 75? " A=5? " 75 " :56 " *=A;9B5+ " &94?
43=? " 5JL9;9??5; " 75 " :5 " <=281 " 9 " D= " 78;5E " A3C34? " 43=?PJUJ5 " :3JJ546 " 15?

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%BCD6854?" 9=;38546"D="9DD18<=5;" :5" $5="S" 19" aG3B;9DH85" ]31868<=5E " 65115" <=25115
G6386":344=5"75"15=;"65J?E"81"C"9"S"D5=PD;K?"6;38?"J8115"94?+
F5"'5J?"3="15"b*W!%E";5D;G?5465;386"15"a13L5"75"19"'5;;5"N"15?";GA31=6834?+
F9 "Z)q('0*W" E " 15 " J3J546 " 3_ " 19 " '5;;5 " ?3;686 " 7= " :9H3? " E " 3_ " 5115 " D;86 " =45
I3;J5E "?5"78A8?946"54"'5;;5?" N"54 "J5;?E "N"3_" 12H3JJ5"I=6" :;GG"D3=;"75A548;
15"b9O6;5E"15")38"75":5665"L5115"D;3D;8G6G+
F%&" ^#(')%" \%)'#&" Z9;784915?E " :3;;5?D347546 " 9=> " 0\+ " :h65? " 7= " b3475E
*;8546E"*::87546E"W3;7"N"b878E":5?"<=96;5"D3846?";51968I?"S"12H3JJ5E"D9;"15?P
<=51?"81"5?6"9=":546;5"75"63=6Y"<=234"D5=6"9DD5115;"?9"7;3865E"?9"B9=:H5E"?9"I9:5
N " ?34 " 73?E " N " 723_ " ?5? " :34438??94:5? " ?2G6547546 " 54 " ;9C34? " @=?<=2S " 125>6;GJ86G
75 " 63=6E " ?=8A946 " 12G6547=5 " 75 " ?5? " C5=> " DHC?8<=5? " D;5J8K;5J546E " N " D=8?
75"?5?"C5=>"8465115:6=51?"L854"9=6;5J546"D5;T94?+
F%&" ^#(')%" Z*#F%#)&" ?5;346 " 15? " 0\+ " )GB834? " 3= " D9;685? " 7= " b3475 " :3;P
;5?D3479465? " 9=> " <=96;5 " D3846? " :9;7849=>E " 12(?85E " 12(I;8<=5E " 12%=;3D5 " N " 19
Z5163P&:C6H85 " 3= " 15? " ]9C? " B19:G? " 7= " W3;7R " 78A8?834 " <=8 " ?25?6 " 9=BJ546G5 " 75
12(JG;8<=5"75D=8?"?9"7G:3=A5;65E"N"3_"D3=;"45";854"D5;7;5"75"1294:85445"34"9
?=L?686=G"S"19"Z5163P&:C6H85"15?"'5;;5?"D3198;5?"7="W3;7"N"7="b878+
F2%]q%" ;5D;G?5465 " 12(?85E " ]9C? " 75? " B;9475? " b349;:H85?E " 75? " B;9475? " Z34P
<=U65?E"75?"B;9475?")GA31=6834?+
M('*WE "12%av]'%" 43=;;8:8K;5 " 75? " ]5=D15?E " N " ?CJL315 " 7= " b878E " 75? " ]5=P
D15?"438;?+
Z*#]%E "15 "W*)!E " 723_ " 75?:5478;546 " 15? " ]5=D15?E " N " 723_ " A846 " 1204?P
6;=:6834"N"19"&:854:5+
!%W0%)E " 12%=;3D5 " 3= " 12*::87546E " ;8:H5 " 54 " J845? " 723; " 794? " :5? " :3JP
J54:5J54? " 7= " J3475E " <=5 " ?8 " J91 " S " D;3D3? " 43=? " 9DD51134? " 15 " A85=>P65J?E
15?"65J?"9468<=5?+
ZH9:=45"75?"[+"Z9;65?"4=JG;36G5?"75":5?"0\+":3=15=;?E"?5;9"=45"75?"B;9475?
Z346;G5?"75":5?"0\+")GB834?"7="b3475+
F5? " [+ " Z9;65? " 72%DG5 " 9=;346 " ;5D;G?546GE " 12(;9L85Y " 1207=JG5E " <=8 " ;GB4386
?=; " 15? " b5;? " 7= " b878Y " 19 " ]915?6845 " D5=D1G5 " 72%BCD6854?Y " 19 " ]HG48:5E " b9OP
6;5??5 " 75 " 19 " b5; " bG7865;;94G5Y " 19 " &C;85 " 3= " (;9JG5Y " 19 " bG?3D369J85 " 3=
ZH917G5E"19"bG785E"19"&=?8945E"19"]5;?5"N"15?"0475?+
F5? " [+ " Z9;65? " 75 "M('*W" 9=;386 " ;5D;G?546G " 15? " 6;38? " B;9475? " 78A8?834? " 75
12%BCD65E " 'HGL9875 " 3= " %BCD65 " ?=DG;85=;5E " !5169 " 3= " L9??5 " %BCD65E " d5D69P
43J5 " 3= " %BCD65 " 7= " J8185= " 78A8?G5 " 54 " ?5D6 " a3=A5;45J546?+ " %4?=865 " 12%6H83P
D85E " 19 " ZC;G498<=5E " 3= " S " ?9 " D19:5 " 15? " 65;;5? " 75 " $=D865; " (JJ34E " 19 " FCL85
3= " Z9;6H9B5E " 15? " ]9:8I8<=5? " (619465?E " 15? " W=J875? " A9B9L34?E " 15? " b9=;5?
9DD=CG?

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9DD=CG?"?=;"12*:G94"(4619468<=5Y"15?"aG6=15?E"<=8"D19:G?"9="b878"75"12(619?E"?5
;GD94738546 " 794? " :5? " A9?65? " Z346;G5? " <=5 " 43=? " 9DD5134? " 9=@3=;72H=8 " W8B;8685
N"a=84G5V
F5? " [+ " Z9;65? " 75 "!%W0%)" 9=;346 " ;5D;G?546G " 120?15 " 75 " Z;K65E " )3C9=J5 " 75
12811=?6;5 " b843?E " 19 " a;K:5 " N " ?5? " 0?15?E " 12069185E " 19 " &8:815 " N " ?5? " A31:94?E " 15? " M9P
1G9;5?":G1KL;5?"D9;"12H9L8156G"75"15=;?"6;3=D5?"75"6;986E"19"MG68<=5";8:H5"54"6;3=P
D59=>E " 19 " Z5168LG;85 " 9L3479465 " 54 " J845? " 723;R " a978> " 3= " Z978;E " 120?15 " 72d5;P
:=15 " D9; " 5>:51154:5E " 19 " D1=? " :3JJ5;T9465 " 75 " 12#48A5;?Y " 19 " F=?869485 " N " 15?
0?15?"`3;6=4G5?E"3="Z949;85?+
F5? " [+ " Z9;65? " 75 "Z*#]%E " 12(;JG485 " N " ?34 " J346 " (;9;96E " 120LG;85E " 15? " &:CP
6H5? " 75 " 120J9w?E " 15? " &:C6H5? " 7= " Z9=:9?5E " 15? " Z8JJG;854? " 75? " ]91=?PbG3P
6875?E " 15? " a565? " 3= " a36H?E " 15? " !9:5?E " 15? " dCD5;L3;G54? " ?8 " :G1KL;5? " 794? " :5665
H9=65 " (468<=86GE " 15? " Z5165? " 5;;946? " 794? " 15=;? " I3;U6? " B19:G5?E " 120?15 " 75 " 'H=1G
9=>"5>6;GJ86G?"7="b3475+
F5? " <=96;5 " Z9;65? " I8B=;G5? " 75 " :H9<=5 " :3=15=; " 9=;346 " :34654= " 75? " 7G6981?
BG3B;9DH8<=5?";51968I?"S":H9<=5")GB834+
F5? ")*0&E " 12G696 " 75? " a3=A5;45J546? " 75 " :H9:=45E " 15? " I3;:5? " 75? " %JD8;5?
<=8 " 15? " :3JD3?38546E " N " :3JJ546 " 5115? " G638546 " D1=? " 3= " J384? " :34?87G;9L15?
?=8A946"<=5"12(B;8:=16=;5"C"G6386"54"=?9B5"N"54"H3445=;Y":5665"?3=;:5"8469;8??9P
L15"75";8:H5??5?"63=@3=;?";5498??9465?+
F5? ")%0W%&E " 15 " 7GA513DD5J546 " 75 " 15=;? " )518B834?E " 75 " 15=;? " br=;?E " 75
15=;? " #?9B5?E " ?=;P63=6 " 75 " 15=;? " *D84834?E " 12*D84834 " 9C946 " 63=@3=;? " G6G " ;5B9;P
7G5":3JJ5"19")5845"7="J3475+"d5=;5=>":51=8"<=8"?9=;9"19"78;8B5;Y"81"?5;9"63=P
@3=;? " )38 " 75 " 12#48A5;?E " J9O6;5 " 75 " ?5? " ?5JL19L15?Y " :25?6 " d5;:=15 " 12G13<=546 " <=8
JK45"15?"H3JJ5?"9A5:"75?"I;584?"723;+
F5? "Z(\(F0%)&E " 15? " 5>D1386? " 75? " ]5=D15?E " 12d8?638;5 " 75 " 15=;? " dG;3? " 3= " ZH5P
A9185;?Y":5115"75"15=;?"'3=;438?E"75"15=;?"$5=>E"75"15=;?"L9698115?+
F5? "\(F%'&E " 12d8?638;5 " 75? " (;6?E " 15=; " 3;8B845E " 15=; " 496=;5Y " 63=6 " :5 " <=8 " ;5P
B9;75 " 19 " D3;6834 " 847=?6;85=?5 " 75 " :H9<=5 " W96834E " :5115 " <=8 " ?5 " 18A;5 " 9=> " 3L@56?
JG:H948<=5?E " 9=> " b94=I9:6=;5?E " 9= " Z3JJ5;:5 " <=8 " A9;85 " 75 " :546 " J948K;5?
19 " I3;J5 " 75? " ;8:H5??5? " ?94? " ;854 " 9@3=65; " 9= " I347E " <=8 " I986 " :8;:=15; " 794? " 12#48P
A5;?":5?";8:H5??5?"N"15?"3L@56?"75"12847=?6;85Y"<=8"J56"S"JUJ5"15?"(B;8:315?"75
I98;5 " ;549O6;5 " 15? " ;8:H5??5? " 54 " 15=; " I3=;48??946 " 15? " 7GL3=:HG? " 15? " D1=? " D;3JD6?
75 " :5115? " <=281? " 346 " 7G@S " I986 " 49O6;5E " N " :3JJ546 " 63=6 " 5?6 " G6;94B1G " 7K? " <=5
:5665" :8;:=196834 "45" @3=5"D9?" 9A5:" 18L5;6GE "D=8?<=5 "15?" Z3JJ5;T94?" ?346 "J384?"
3::=DG?E"N":5=>"<=8"15=;"I3=;48??546"7G:3=;9BG?+
F254?5JL15 " 75? " [[0 " 3= " [[00 " (63=?E " 15? " [[00 " F566;5? " 75 " 12(1DH9L56
!8??+"'3J+"0+
Z::

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%BCD6854 " :3JJ=4 " 9=> " dGL;5=> " N " 9=> " *;85469=>E " N " <=8 " ?5;A946 " 75 " :H8II;5?E
?346"4G:5?98;5?"D3=;"6548;":3JD65"75"1254?5JL15"75"6946"75":346;G5?+
ZH9:=4 " 75 " :5? " (63=? " 9=;9 " 5= " 54 " JUJ5 " 65J? " =4 " =?9B5 " D9;68:=185;+ " ]1=P
?85=;? "9=;346"G6G";51968I?" 9=>"D;84:8D9=>"3L@56?"75" 19" aG3B;9DH85"ZG15?65E"?8"34
D5=6"?5"?5;A8;"75":5665"5>D;5??834+"'51?"E
F5 " &31581E " 19 " F=45E " 15 " Z94:5;E " 15? " Z313445? " 72d5;:=15E " 15? " ';3D8<=5? " 3=
15=;?"ZH854?+
F9"Z948:=15"E":5665"L5115"N"L;8119465"]3;68K;5"75?"Z85=>+
F2*=;?5 " :G15?65E " ?=; " 19<=5115 " ?29DD=8546 " 63=? " 15? " (?6;5? " 54 " 5>G:=6946 " 15=;?
;GA31=6834? " 9=63=; " 725115E " Z34?651196834 " 97J8;9L15 " ;5D;G?546G5 " D9; " 15? " ?5D6 " '9P
;3?"E"N"<=8"?5JL15"D=L185;"54":9;9:6K;5?"75"I5="8JD;8JG?"?=;"43?"6U65?"N"794?
15 " `8;J9J546E " <=5 " 436;5 " &C?6KJ5 " ?3198;5 " I=6 " I347G " :3JJ5 " 15?" &:854:5? " ?=;" 19
`3;J=15"75"?5D6E"N"D5=6"U6;5"JUJ5"19"J9??5"5468K;5"75"12#48A5;?+
'3=? " 15? " 9=6;5? " D5=A546 " U6;5 " :34?87G;G? " ;51968A5J546 " S " 19 " aG3B;9DH85 " D318P
68<=5 " N " J3;915E " 9= " A;98 " a3=A5;45J546 " 75? " %696?R " N " JUJ5 " 9= " B3=A5;45P
J546"75":H9<=5"H3JJ5"54"D9;68:=185;+
F5?"<=96;5"(63=?";51968I?"S"129=63;86G":8A815"N";518B85=?5E"I346":3443O6;5"128JP
D3;694:5 " D3=; " =4 " %696 " 75 " 12=486G " 75 " a3=A5;45J546E " N " 75 " ;5?D5:6 " D3=; " 15?
(4:854?+
F5? " <=96;5 " \5;6=? " Z9;784915? " J346;546 " <=5 " 15? " %696? " 45 " D5=A546 " ?5 " ?3=65P
48; " <=5 " D9; " 19 " L346G " 7= " a3=A5;45J546E " D9; " 125>:51154:5 " 75 " 1284?6;=:6834E " D9;
19 " D;968<=5 " 75? " A5;6=? " 794? " :5=> " <=8 " B3=A5;4546 " N " <=8 " ?346 " B3=A5;4G?R " ];=P
754:5 " S " :3;;8B5; " 15? " 9L=?E " `3;:5 " D3=; " J9846548; " 19 " D98> " N " 12=4834E " '5JDGP
;94:5 " 794? " 15? " J3C54?Y " $=?68:5 " 54A5;? " 63=?+ " Z3JJ546 " 128B43;94:5E " 19 " H9=P
65=;E " 129A9;8:85E " 19 " ?3668?5 " 794? " 15? " =4?E " 54B547;546 " 794? " 15? " 9=6;5? " =4 " JGD;8?
I=45?65R " 723_ " ;G?=16546 " 15? " 7G?3;7;5? " <=8 " GL;941546 " @=?<=5? " 794? " 15=;? " I3475P
J54? " 15? " %JD8;5? " 3_ " 34 " A8315 " 19 " $=?68:5E " 3_ " 34 " I3;:5 " 63=? " 15? " J3C54?E " 3_
1234 " 9L=?5 " 75 " ?9 " I3;:5E " N " 3_ " 34 " A86 " ?94? " D;GA3C94:5+ " !G?3;7;5? " <=8 " 346 " 7GP
6;=86 " 6946 " 75 " `9J8115? " 7346 " 15 " 43J " 9A386 " ;565468 " ?8 " 134BP65J? " D9; " 63=65 " 19
'5;;5E"N"<=8"9A38546";GB4G"9A5:"6946"75"B138;5"?=;"15?"W96834?"G6344G5?+
Z5?"A5;6=?"45"?346"D9?"J384?"4G:5??98;5?"S":H9<=5"0478A87=+"F9"'5JDG;94:5
;GB15 " ?5? " 75A38;? " 54A5;? " ?38PJUJ5E " ?=;P63=6 " 54A5;? " ?34 " D;3D;5 " :3;D? " <=281 " 45
6;9865"6;3D"?3=A546"<=5":3JJ5"=4"J91H5=;5=>"5?:19A5E"J9;6C;"75"?5?"9II5:6834?
75?3;7344G5?+
F9 " $=?68:5 " <=8 " ;GB15 " ?5? " 75A38;? " 54A5;? " ?34 " D;3:H984 " N " 54A5;? " 19 " !8A8486G
5115PJUJ5"S"<=8"81"7386"63=6+
F9 " `3;:5 " 9A5: " 19<=5115 " 81 " ?5 " ?3=68546 " 9= " J8185= " 75? " ;=845? " 75 " 12#48A5;?E " 81

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?5";86"75?"5II3;6?"A984?"N"84?54?G?"75?"D9??834?"<=8"129??8GB546"?94?":5??5"75"15=;?"
I136?"8JDG6=5=>+
%4I84E " 19 " ];=754:5 " 9A5: " 19<=5115 " 81 " 966547 " D9685JJ546 " 15 " ?=::K? " 75 " ?5?
?384?E"D;U6"S"63=6"GAG45J546"N"?5JL19L15"S"=4"I84"@3=5=;"<=8"45";8?<=5"@9J98?
?34"@5="N"?986"68;5;"D9;68"75"63=6+
F5 " )38 " 6;83JDH946 " 75A8546 " 913;? " 125JL1UJ5 " 75 " :51=8 " <=8 " 9= " J3C54 " 75 " :5?
A5;6=?"9"G6G"?9B5"54A5;?"1=8PJUJ5E"@=?65"54A5;?"9=6;=8E"I3;6":346;5"15?"D9??834?"E
D;GA3C946"S"?29J9??5;"75?";5??3=;:5?":346;5"15?"65J?"7297A5;?86G+
F5 " '5J? " <=8 " =?5 " 63=6 " 9A5: " =45 " ;9D8786G " 84:34:5A9L15E " 19 " `3;6=45 " <=8 " ?5
@3=5 " 75 " 63=6Y " 15 " Me6515=; " <=8 " 5?:9J365 " 63=6E " 19 " `3185 " <=8 " 5?6 " 75 " 63=6E " 12(A9P
;8:5 " <=8 " D5;7 " 63=6Y " 15 " !89L15 " <=8 " ?5 " I3=;;5 " D9;P63=6R " 19 " b3;6 " <=8 " 54B13=686
63=6E " 43JL;5" ?5D65498;5" ?84B=185;" <=8 " 5?6" 75" 63=6" D9C?E " D5=6 " 73445;" 185=" S" 75?
3L?5;A96834?"434"J384?"8JD3;69465?"N"434"J384?"A9;8G5?+
%4I84E " :51=8 " <=8 " 9 " 63=6 " S " B9B45; " N " ;854 " S " D5;7;5E " 15 " )38 " AG;869L15J546
6;83JDH946E " :25?6 " 15 " A;98 " &9B5 " <=8 " 19 " 19465;45 " 54 " J984 " 5?6 " ?94? " :5??5 " 966548I " S
?5?"7GJ9;:H5?E"45"I986"9=:=45"G:315E":344386"63=6":5"<=8"5?6"L854"D3=;"54"@3=8;"E
N"9DD5;T386"63=6":5"<=8"5?6"J91"D3=;"12GA865;+
'5115 " ?5;386 " 3= " S " D5= " D;K? " 125>D18:96834 " BG3B;9DH8<=3PD31868<=5PJ3;915 " 75
:56 " 9468<=5 " $5=R " N " 65115 " 7386 " U6;5 " 19 " I84 " 75 " 63=?E " d=J9486GE " <=5 " A3=? " ?5;85f
H5=;5=?5E"?8"63=?"15?"@5=>"?5"65;J8438546"984?8x

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b+ " M%)'0W" <=8 " 9" ;547= " 75" ?8 " B;947? " ?5;A8:5? " S " 19" F866G;96=;5 " N " 9=> " &:854P
:5?E " D9; " 15? " 5>:51154? " bGJ38;5? " <=281 " ?25?6 " D;3:=;G?E " N " <=281 " 9 " I986 " D=L185; " ?=;
19 " ZH845E " 43=? " 9 " :3JJ=48<=G " =4 " b34=J546 " =48<=5 " <=8 " 1=8 " 9 " G6G " 54A3CG " 75
:5665"A9?65"Z346;G5E "N"<=234 "I986";5J3465;"9=>"D;5J85;?" eB5?"75":56"%JD8;5" E
D=8?<=5 " 15? " ZH8438? " 15 " ;5B9;7546 " :3JJ5 " =4 " 04?:;8D6834 " ;51968A5 " 9= " 75?G:H5P
J546"75?"59=>"7="!G1=B5"D9;"v93+
01"5?6":3JD3?G"75":9;9:6K;5?"<=8"I3;J546"75"B;947?":3JD9;68J546?"54"<=9;P
6GP134BE " 63=? " GB9=>E " N " D;G:8?GJ546 " 75 " 19 " JUJ5 " B;9475=; " <=5 " 15? " Z9;65? " 7=
$5="75?"'9;36?+
Z5?":3JD9;68J546?"?346"78?6;8L=G?"54"?8>":313445?"D5;D5478:=198;5?E"7346"15?
:84< " D;5J8K;5? " ;54I5;J546 " <=963;f5 " :3JD9;68J546? " :H9:=45E " 69478? " <=5 " 19
?8>8KJ5"<=8"425?6";5JD185"<=2S"J38;8G"4254":3468546"<=5"?5D6+
Z5 " b34=J546 " 5?6 " 734: " :3JD3?G " 75 " ?38>9465P78>P?5D6 " I8B=;5? " 984?8 " <=5 " 15
Z : :"8@

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$5="75"'9;36?"R"N"81"5?6"I3;JG"729D;K?"19"JUJ5":3JL8498?34"7="43JL;5"?5D6"E
" D=8?<=5 " :H9<=5 " :313445 " 5?6 " 75 " <=963;f5 " I8B=;5?E " N " <=5 " :5115 " <=8 " 45 " 125?6
<=2S"75J8E"54":3468546"?5D6+
&94? " :519E " 34 " 9=;386 " D= " 9;;94B5; " :5? " ?38>9465P78>P?5D6 " :3JD9;68J546? " 75
J948K;5 " S " 45 " 198??5; " D;5?<=5 " D3846 " 75 " A875 " 794? " :5665 " ?8>8KJ5 " :313445 " R " 34
429=;386 " 5= " <=2S " I98;5 " :H9<=5 " :313445 " 75 " 6;58f5 " :3JD9;68J546?Y " N " 19 " ?8>8KJ5
54"9=;386"5="73=f5+
Z5"b34=J546"5?6"734:"D9;I9865J546"?5JL19L15E" <=946"S"19"78?D3?86834 "E"9=
$5="75?"'9;36?E"?8"34"15?":31386"?=;"=4"?5=1"'9L159=R"15?"<=96;5":3=15=;?"I5;38546
15? " <=96;5 " D;5J8K;5? " :313445? " S " <=963;f5 " :9;65? " :H9:=45R " N " 15? " 963=? " 9=
43JL;5 " 75 " A84B6P=4E " ;5JD18;38546 " 19 " :84<=8KJ5 " :313445E " N " D;G:8?GJ546 " 19
J3868G"75"19"?8>8KJ5+
01"?5;386"L854"?84B=185;"<=2=4";9DD3;6"D9;581"IQ6"15"?8JD15"5II56"7="H9?9;7"R"81
5?6 " 734: " 6;K?P9DD9;546 " <=5 " 12=4 " N " 129=6;5 " 75 " :5? " b34=J546? " 346 " G6G " I3;JG?
729D;K?" 19" JUJ5"6HG3;85E"N"?=;"129669:H5J546"9="43JL;5"?9:;G"75" ?5D6Y"81?"346
734: " 1298; " 75 " 42U6;5 " 63=? " 15? " 75=> " <=2=45 " 9DD18:96834 " 78IIG;5465 " 72=45 " ?5=15
N " JUJ5 " I3;J=15E " 946G;85=;5 " D5=6PU6;5 " S " 125>8?654:5 " 75? " ZH8438? " N" 75?" %BCDP
6854? " R " D5=6PU6;5 " JUJ5 " 6;3=A5;9P6P34 " <=51<=5 " :H3?5 " 75 " D9;581 " :H5f " 15? " 04P
7854? " 3=" :H5f "15?" ]5=D15?"7=" 'H8L56"D19:G? "546;5 ":5? "75=>" 94:85445?" W96834?+
W3=? " 9A34? " G6G " I3;6 " 6546G? " 75 " I98;5 " 9=??8 " B;9A5; " :5 " b34=J546 " ZH8438? " Y
J98?"19":;98465"75"15"J91"I8B=;5;"54"15";G7=8?946"S"=4":H9JD"D1=?"D5686"<=5"123P
;8B8491E " @3846 " S " 128JD3??8L8186G " 3_ " 43? " J3C54? " 43=? " J566546 " 75 " I98;5 " 63=6 " :5
<=25>8B5;386"19"D5;I5:6834"75"436;5"3=A;9B5E"43=?"9";5654=+
W23J56634? " D9? " <=5 " 15? " I8B=;5? " ZH8438?5? " ?346 " 54 " L194: " ?=; " =4 " I347 " 6;K?P
438;"Y":5"<=8"15?";547"6;K?P?98119465?+

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]547946 " =4 " B;947 " 43JL;5 " 75 " ?8K:15?E " 19 " W3L15??5 " J346386 " S " :H5A91E " N " 78P
A8?G5 " 54 " :3=15=;? " 3= " 54 " I9:6834?E " 5115 " 5>G:=6386 " 546;25115 " 75? " :3JL96? " I5846?
3= " '3=;438? " D9;I9865J546 " 94913B=5? " S " :5 " <=234 " 5>G:=65 " 794? " 15? " @5=> " 75 " :9;P
65?E "N" ?=;P63=6" 794?" :51=8"75?" '9;36?E "<=8" G6386"=4 "@5="J818698;5" 75" JUJ5" <=5
:51=8 " 75? " G:H5:?E " 54 " JUJ5 " 65J? " <=281 " D3=A386 " U6;5 " 54A8?9BG " :3JJ5 " =4 " @5=
:8A81E"54"<=38"81"125JD3;6386"?=;":5"75;485;+
!94? " 123;8B845E " 15? " ZH5A9185;? " 7= " '3=;438? " G638546 " 78A8?G? " 54 " <=96;5E " JUP
J5 " 54 " :84<" L9475?" ;51968A5? " 9=> " <=96;5 " :3=15=;? " 75?" '9;36? " N" S" 19 " J9??5 " 75?

!""#"""""$""%""#"""""!""%""&"""""'""("")""*""'""&+"""""""""""""""""""""",im
(63=?+"Z25?6"984?8"<=5"15"75;485;"78A5;68??5J546"75":5"B54;5"<=234"986"A="54
`;94:5E " I=6 " 7344G " 54 " /--XE " D9; " F3=8? " [0\E " 546;5 " 15? " '=815;85? " N " 15 " F3=P
A;5E " 794? " :5665 " B;9475 " D19:5 " <=8 " 54 " 9 " :34?5;AG " 15 " 43J " 75 " Z9;3=?51+ " 01 " G6386
:3JD3?G " 75 " :84< " ^=97;8115?+ " F5 " )38 " G6386 " S " 19 " 6U65 " 75? " )3J984?R " ?34 " `;K;5 " E
ZH5I"75"19"b98?34"72*;1G94?E"S"19"6U65"75?"]5;?94?R"15"];84:5"75"Z347G":3JP
J947386 " 15? " '=;:?R " 15 " !=: " 72%4B=854 " ?34 " I81?E " 15?" 047854?R " 15" !=: " 75 " a=8?5 " E
15? " (JG;8:984?+ " ';38? " )5845? " C " 9??8?6K;546 " ?3=? " =4 " 798?R " 19 " )5845PbK;5 " E " 19
)5845 " ;GB49465E " 19 " )5845 " 72(4B1565;;5 " A5=A5 " 75 " ZH9;15? " 00+ " F5 " Z3J65 " 75
&9=16E " I81? " 7= " !=: " 75 " F5?78B=8K;5?E " 65JD3;69 " 15 " D;8> " N " 15 " ;5T=6 " 75? " J984? " 75
19")5845PbK;5+
F5? " ^=97;8115? " G638546 " 3;78498;5J546 " :3JD3?G? " 75 " i " 3= " 75 " /X " Z9A9185;?
D3=; " :H9<=5 " :3=15=;R " :5 " <=8E " S " u " :3=15=;? " N " S " i " D9; " ^=97;8115E " 73445 " 15
43JL;5",XE"<=8"I3;J5":51=8"75?"Z9;65?"D3=;"15"$5="75"]8<=56"R"N"S".":3=15=;?E
15"43JL;5"uj"<=8"5?6":51=8"75?"Z9;65?"D3=;"$5="75"^=97;8115+

& ' % * + , # " . * * *$,'=#3,#</(1,+#%+)/9702+;


F3;?<=234 " 5>9J845 " 15? " $5=> " 75 " Z9;65? " 54 " =?9B5 " :H5f " 15? " %?D9B431?E " 34 " 45
D5=6"?25JDU:H5;"75";5:3443O6;5"<=281?"?346"=4"78J84=68I"75?"'9;36?+
F5=;?"$5=>"15?"D1=?"78?684B=G?"?346":51=8"75"12d3JL;5"<=8"?5"@3=5"S"6;38?R"N
15 " ^=97;8115 " <=8 " ?5 " @3=5 " S " <=96;5 " N " <=8 " 425?6 " <=2=45 " J378I8:96834 " 7= " $5= " 75
12d3JL;5+
Z51=8P:8 " ?8B48I85 " 15 "P,4 # -, # $%I&::," 3= " 75 " 19 " A85 " H=J9845Y " 81 " 9 " 734: " =4
43J"<=8":3;;5?D347"D9;I9865J546"S":51=8"7="'9;36+
01 " 5?6 " 78A8?G " 54 " <=96;5 " :3=15=;? " <=8 " D3;6546 " 15? " JUJ5? " 43J? " <=5 " 794? " 15?
'9;36?E " 651? " <=5 "&](!0FF%" 3= " GDG5E "M(&'%" 3= " Le634E " <=8 " ?346 " 15? " 75=> " :3=P
15=;? " 438;5?Y "Z*](" 3= "9&42,E " N "!0W%)*" 3= "A,'+,)" E " <=8 " ?346 " 15? " 75=> " :3=P
15=;?";3=B5?+
]1=?85=;? " 75" :5?" 43J? " ?5" ?346" 6;94?J8?" 54 " `;94:5" 9A5: " :5" $5=R " 984?8" 129?" 75
D8<=5 " 5?6 " 9DD511G "&](!0FF%" 3= " GDG5Y " 129? " 75 " 6;5I15E "M(&'%E " :25?6PSP78;5E " Le634+
F29?"75":35=;"5?6"9DD511G"]*W'%E"75"12%?D9B431"F4'(&E"9?E"3="=4"D3846+
Z5? " (63=?E " <=8 " ?346 " 15? " D1=? " I3;6?E " ?29DD511546 "b('(!*)&E " 3= " 15? " (??3JP
J5=;?E"15?"';83JDH94?"<=8"346"7G6;=86"15=;?"5445J8?+
Z5 " $5= " 5?6 " 54685;5J546 " I3;JG " ?=; " 15? " '3=;438?Y " 19 " D;5=A5 " 54 " 5?6 " I;9DD9465E
D=8?<=5 " 15? " :3=15=;? " 54 " ?346 " 9DD511G5? "F*$&." 3= " D85=>E " 15? " 194:5?E " 15? " D8<=5?
75?"ZH5A9185;?+

,mj""""""""""""""""""""""!""#"""""$""%""#"""""!""%""&"""""'""("")""*""'""&+
F5? " Z9;65? " 5115PJUJ5? " ?346 " 9DD511G5? "W(v]%&E " 7= " J36 " *;854691 "W(]E " <=8
?8B48I85"D;547;5E"6548;R"J36PSPJ36E"15?"'%W(W&+
Z5 " ?346 " 734: " <=96;5 " 3= " :84< " ^=97;8115? " 75 " ZH5A9185;? " <=8 " ?5 " L966546 " 54
'3=;438?+
01?"?346"<=9;9465E"9DD511G?"W(v]%&"3="'5494?+
^=96;5":3=15=;?"9DD511G5?"F*$&."3=";94B?"75"D8<=5?+
F5? " \984<=5=;? " ?346 " 9DD511G? "G*(*-&)." 3= " (??3JJ5=;?E " :5=> " <=8 " ?346
A54=?"S"L3=6"75"7GI98;5"15=;?"5445J8?+
%4I84 " 15? " 43J? " 75? " <=96;5 " :3=15=;?E " :51=8 " JUJ5 " 7= " $5=E " 7GJ346;546 " <=281
9"G6G"I3;JG"54"54685;"?=;"15"$5="75?"'9;36?Y"<=5"15?"Z9;65?"%?D9B4315?"45"?346
<=2=45"8J8696834"54"D5686"7="$5="%BCD6854+

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!29D;K? " :5? " 7344G5?E " 81 " 425?6 " D5;?3445 " <=8 " 45 " ?29DD5;T38A5 " ?94? " D5845 " <=5
15? " Z9;65? " `;94T38?5? " 45 " ?346 " 5115?PJUJ5? " <=2=45 " 8J8696834 " 75? " Z9;65? " %?D9P
B4315?E " N " <=25115? " ?346 " 984?8 " 128J8696834 " 72=45 " 8J8696834E " D9; " :34?G<=546 " =45"
84?686=6834 " L854 " 7GBG45;G5E " 1384 " 72U6;5 " =45 " 84A546834 " 3;8B84915 " N " D;5J8K;5 " E
:3JJ5 " 12346 " :;= " J91 " S " D;3D3? " 43? " &9A94? " <=8 " 429A38546 " 54 " :519 " 9=:=4 " D3846
75":3JD9;98?34E"?5=1"J3C54"75"7G:3=A;8;"15?":9=?5?"N"15?";9DD3;6?"75"63=6+
*4"?=DD3?5"3;78498;5J546"<=5"15?"Z9;65?"`;94T38?5?"I=;546"84A546G5?"?3=?"15
)KB45"75"ZH9;15?"\0E"N"D3=;"9J=?5;":5"];84:5"I38L15"N"84I8;J5R"J98?":5"<=5
43=?"43=?":;3C34?"54"7;386"729II8;J5;E ":25?6" <=25115?"45" I=;546"<=2=45"8J8696834
75?"$5=>"JG;878349=>+
]5=6PU6;5"JUJ5"?5;834?P43=?"54"7;386"75"?=DD3?5;"<=5"15?"Z9;65?"`;94T38?5?
?346 " D1=? " 94:85445? " <=5 " ZH9;15? " \0E " D=8?<=234 " 966;8L=5 " 794? "!#Z(Wa%" s0t " S
&+ " M5;49;7 " 75 " &85445E " :3465JD3;984 " 75 " ZH9;15? " \E " 729A38; " :3479J4G " 9=
I5=E " 434P?5=15J546 " 15? " J9?<=5? " N " 15? " 75f " S " @3=5;E " J98? " JUJ5 " 15? "9*)(,.
B)+&:2J*$,.E"3="7="$5="9DD511G"19"';83JDH5+
*4 " 6;3=A5" 794? " 15 " JUJ5 " !=:94B5" 15?" &696=6? " Z;8J8451? " 72=45" \8115" 9DD51P
1G5"&(*W(E"<=8"7GI547"GB915J546"15?"$5=>"75"Z9;65?+
01 " I9=6 " <=5 " :5 " &696=6? " ?38546 " 6;K?P94:854?E " D=8?<=5 " 794? " :56 " *=A;9B5 " 34
429"D="54"8478<=5;"15"65J?R":5665"\8115"7386"U6;5":5115"75"&(\*W%+
s8t"(="J36"Zd()'(+

!""#"""""$""%""#"""""!""%""&"""""'""("")""*""'""&+"""""""""""""""""""""",m/
(@3Q634?"<=281"I911386"<=5":5?"$5=>"I=??546"L854"D1=?"94:854?"<=5"&+"M5;49;7"75
&85445R " 9=;386P81 " :34I347= " 9A5: " 15? " 75f " N " 15? " J9?<=5? " =4 " $5= " 43=A5115J546
84A546G"D3=;"9J=?5;"=4"B;947")38"V
W3? " Z9;65? " `;94T38?5? " 45 " D;G?546546 " 7298115=;? " 4=115 " A=5E " 4=1 " BG485E " 4=1
54?5JL15+ " &8 " 5115? " 346 " G6G " 84A546G5? " 729D;K? " 15? " '3;438?E " D3=;<=38 " 9P6P34
?=DD;8JG " 15 " ZH5A9185;E " 69478? " <=234 " :34?5;A386 " ?34 " %:=C5; " V " D3=;<=38 " 4297P
J566;5"7K?P13;?"<=5"6;58f5"Z9;65?"9="185="75"<=963;f5"D9;":3=15=;"V
F5?" 43J? "75?" :3=15=;?" ?5"?346"7GBG4G;G?"9="D3846"75" 423II;8;"D1=?"7254?5JP
L15+ " &8 " 34 " D5=6 " ;5:3443O6;5 " 12GDG5 " 794? " 19 " D8<=5E " :3JJ546 " 15 " Le634 " 5?6P81 " 75P
A54= " 6;KI15 " V " :3JJ546 " 5?6P:5 " <=5 " 15 " :r=; " N " 15 " :9;;59= " :3;;5?D347546 " S " :3=P
D5"N"S"75485;Y"N"<=5115?"87G5?";GA581546":5?":3=15=;?"V
^=5115"87G5" D;G?546546 "GB915J546" 15?"43J?" 7344G?" 9=>" <=96;5 ")38?V " !9A87E
(15>947;5E " ZG?9;E " ZH9;15J9B45E " 45 " ?346 " D9? " JUJ5 " ;51968I? " 9=> " <=96;5 " I9P
J5=?5? " b349;:H85? " 75 " 12(468<=86GE " 48 " S " :5115? " 75? " 65J? " J375;45?+ " Z25?6 " =4
J34?6;=5=>":3JD3?G+
01 " 54 " 5?6 " 75 " JUJ5 " 75? " 43J? " 75? " )5845?R " 34 " 15? " 9DD5115 " )9:H51E " $=786H " E
]9119? " N " (;B845R " 81 " 5?6 " A;98 " <=234 " 9 " :;= " <=5 " :2G638546 " 75? " 43J? " 911GB3;8<=5?
;51968I? " 9=> " <=96;5 " J948K;5? " 7346 " =45 " !9J5 " ?29668;5 " 15? " H3JJ9B5? " 75? " H3JP
J5? " R " <=5 " )9:H51 " 7G?8B45 " 19 " L59=6GE " $=786H " 19 " I3;:5E " ]9119? " 19 " ?9B5??5E " N " (;P
B845E"3_"1234"45"A386"<=5"12949B;9JJ5"L,/+'*E")5845E"19"498??94:5+
b98? " <=51? " ;9DD3;6? " 346 " :5? " 43J? " 9A5: " ZH9;15? " \0 " 3= " 9A5: " 19 " `;94:5V
<=5":5?"911GB3;85?"?346"I3;:G5?"V
01"5?6"A;98"<=2546;5"15?"43J?"75"\9156?"34"6;3=A5":51=8"75"19"d8;5E"<=8"D3=;P
;386"?5";9DD3;65;"S"=4"75?"aG4G;9=>"`;94T38?"75"ZH9;15?"\0Y"J98?":5"?5=1";9DP
D3;6"5?6P81"?=II8?946"D3=;"L;3=8115;"63=65?"15?"GD3<=5?V
W3=?"54"G6834?"8:8"13;?<=234"43=?"9"D9;1G"72=4"*=A;9B5"75"b+"12(LLG ")0\%E
3_"81"78?:=65"15"JUJ5"3L@56R"9D;K?"129A38;":H5;:HG"54"A984":H5f"19"D1QD9;6"75"43?
F8L;98;5?E"b+"75"&+"]('%)W%"43=?"15"D;U65+
Z56"*=A;9B5"5?6"84686=1GR
W368:5? " H8?63;8<=5? " N " :;868<=5? " 75 " 75=> " b94=?:;86? " 75 " 19 " M8L1836HK<=5
75 " b+ " 15 " !=: " 75 " 19 "\(FF0%)%E " 7346 " 12=4 " 9 " D3=; " 686;5 " 15 " )3J94 " 72(;6=? " E
Z3J65 " 75 " M;5698B45E " N " 129=6;5E " 15 " )3J946 " 75 " ]5;6549C " 3= " 75 " F=?8B454 " E
D9;"b+"12(LLG")0\%E"N:+"S"]9;8?E"/ccmE"84"u3+",-"D9B5?+
( " 19 " D9B5 " cE " 12(=65=; " :3JJ54:5 " S " 78?:=65; " :5 " <=8 " ;5B9;75 " 123;8B845 " 75?
Z9;65?"`;94T38?5?Y"43=?"9A34?"A="9A5:"D198?8;"<=281"?3=68546E"/3+"<=5":5?"Z9;65?
?346 " D1=? " 94:85445? " <=5 " ZH9;15? " \0Y " X3+ " <=25115? " ?346 " =45 " 8J8696834 " 75? " Z9;P
65?"%?D9B4315?R43=?"91134?"73445;"=4"];G:8?"?=::84:6"75"?5?"D;5=A5?+

,mX""""""""""""""""""""""!""#"""""$""%""#"""""!""%""&"""""'""("")""*""'""&+
y"F5?"Z9;65?E"786P81E "?346" 9="J384?"75"1294 "/,,j"Y "N" :5"425?6"48" 54 "`;94:5E
y"48"54"069185E"48"54"(115J9B45"<=25115?"D9;38??546"D3=;"19"D;5J8K;5"I38?+"*4"15?
y " A386 " 54 " %?D9B45 " A5;? " :5665 " 944G5E " N " L854 " 134BP65J? " 9A946 " <=234 " 54 " 6;3=A5
y"19"J3847;5"6;9:5"794?"9=:=45"9=6;5"W96834+
y "%115? " C " 346 " G6G " 84A546G5?E " ?5134 " 15 " !8:6834498;5 " Z9?681194 " 75 " /c,uE " D9;
=4"43JJG"W8:3193"]5D84+++
y "*4 " 15? " 6;3=A5 " 54 " 069185 " A5;? " 19 " I84 " 75 " :5 " JUJ5 " &8K:15E " ?3=? " 15 " 43J " 75
y"W98L8E"794?"19"ZH;348<=5"75"N+&7*'#G&),$$+E"<=8"5?6"75"1294"/,m,+
Z5 " ?9A946 " (LLG " 43=? " 9DD;547 " 54 " JUJ5 " 65J? " <=5 " 19 " D;5J8K;5 " D8K:5 " %?P
D9B4315 " <=8 " 54 " 9665?65 " 125>8?654:5E " 5?6 " 7254A8;34 " 1294 " /,,X+ " y " Z5 " ?346 " 15? " &69P
y " 6=6? " 72=4 " *;7;5 " 75 " ZH5A915;85 " G69L18 " A5;? " :5 " 65J?P1S " 54 " %?D9B45E " N " 3_ " 15?
y " Z9;65? " ?346 " D;3H8LG5?"R " :56 " *;7;5 " ?29DD511386 " 12!)-), # -, # $* # Q*'-,"Y " 81 " 9A386
y " G6G " G69L18 " D9; " (1DH34?5 " [0E " )38 " 75 " Z9?68115+ " Z5=> " <=234 " C " 97J566386 " I98P
y"?38546"?5;J546"75"45"D9?"@3=5;"9=>"Z9;65?+
y"*4"15?"A386"54?=865"54"`;94:5"?3=?"15")KB45"75"ZH9;15?"\+"F5"]5686"$594
y"75"&9846;G"45"I=6"H343;G"75?" I9A5=;?"75"ZH9;15?"\"<=5"D9;:5"<=281"45"@3=386
y " 48 " 9=> " 75f " 48 " 9=> " \9;65?E " N " :5 " )38 " 15? " D;3?:;8A86 " 984?8 " <=5 " D1=?85=;? " 9=6;5?
y " $5=>E " D9; " ?34 " %786 " 75 " /,-m+ " *4 " 15? " 7G:;89 " 794? " 78A5;?5? " ];3A84:5? " 75 " 19
y " `;94:5Y " 34 " C " 73449 " S " <=51<=5?P=45? " 75 " 15=;? " I8B=;5? " 75? " 43J? " I986? " D3=;
y " 84?D8;5; " 75 " 12H3;;5=;+ " %4 " ];3A54:5E " 34 " 54 " 9DD5119 " 15? " \9156? "B48J+:+ " Z5
y " 43J " 7G?8B4386 " =45 " ;9:5 " 75 " A315=;? " <=8E " 54 " /,-/E " 9A38546 " :9=?G " 794? " :5
y"]9C?"N"794?"15"Z3J696"\5498??84E"=4";9A9B5"?8"H3;;8L15E"<=5"15?"]9D5?"I=;546
y"3L18BG?"75"I98;5"D;U:H5;"=45"Z;38?975"D3=;"15?"5>65;J845;+"F5?"Z9;65?"45"I=P
y " ;546 " 846;37=865? " 794? " 19 " Z3=; " 75 " `;94:5 " <=5 " ?3=? " 15 " &=::5??5=; " 75 " ZH9;P
y " 15? " \+ " *4 " :;98B486 " JUJ5 " 54 " 15? " C " 846;37=8?946E " 75 " L15??5; " 19 " 7G:54:5E " N
y " 34 " 8J9B849 " 54 " :34?G<=54:5 " =4 " D;G65>65R " :5 " I=6 " :51=8 " 75 " :91J5; " 19 " JG194P
y " :3185 " 75 " ZH9;15? " \0+++ " *4 " 84A5469 " ?3=? " ZH9;51? " \00 " 15 " $5= " 75 " ]8<=56+ " Z5
y"$5=" I=6":9=?5"<=5"15?"Z9;65?"?5";GD9478;546E"75"19"`;94:5E "794?"D1=?85=;?"9=P
y"6;5?"D9;685?"75"12%=;3D5+z
Z5?"7G6981?"?346"6;K?P846G;5??94?Y"15=;?":34?G<=54:5?"15"?346"54:3;5"D1=?+"Z5?
Z9;65? " :346;5 " 15?<=5115? " 34 " I=1J84386 " 794? " 15 " [0\5" &8K:15E " N " <=8 " ;54738546
8478B4G" 75?"*;7;5?" 75"ZH5A915;85E "G638546"4G:5??98;5J546" 6;K?P94:85445?"R"5115?
45 " D;3=A38546 " U6;5 " ;5B9;7G5? " <=5 " :3JJ5 " 75? " ;5?65? " 72=4 " H3465=> " ]9B948?P
J5 " R " :2G638546 " 734: " 15? " Z9;65? " 75?" '9;36?Y " 15=; " I8B=;5 " L8?9;;5E " 15=;? " 43J? " ?84P
B=185;?E " 651? " <=5 " 19 " b98?34P!85=E " 15 " !89L15E " 19 " ]9D5??5E " N:+ " 15=; " H9=65 " (468P
<=86G " <=8 " ?5 " D5;7 " 794? " 19 " 4=86 " 75? " 65J?E " 15? " ?3;6? " <=234 " 54 " 68;386E " N:+ " 63=6
75A386

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75A386 " 15? " I98;5 " ;5B9;75; " :3JJ5 " =4 " 9J=?5J546 " 789L318<=5E " :3JJ5 " =45
r=A;5"75"19"D1=?"438;5"J9B85E"72=45"?3;:5115;85":3479J49L15+
Z5D547946 " 15 " J3C54 " 75 " 45 " D9? " @3=5;x " *4 " 84A5469 " 734: " 75? " $5=> " D1=? " H=P
J984?E " D1=? " GD=;G?E " 7GB9BG? " 75 " I8B=;5? " <=8 " 42G638546 " L3445? " <=2S " 5II;9C5; " R
75P1SE " 15? " Z9;65? " %?D9B4315? " N " 15? " Z9;65? " `;94T38?5? " <=8 " 45 " I=;546 " @9J98?
A3=G5? " S " 128465;786 " :3JJ5 " :5? " Z9;65? " J9=7865? " A54=5? " 75 " 12%BCD65E " J98? " <=8
:5D547946"?5"6;9O438546"75"1384"?=;":5"$5="84BG485=>+
!5P1S"?=;P63=6 " 15" $5= "75" ]8<=56E " <=8"5?6 "=45" 8J8696834 " ?54?8L15"N "84:3465?P
69L15 " 75? " '9;36?E " A;98 " ]8<=56 " E " D=8?<=234 " C " @3=5 " S " 75=>E " <=234 " C " G:9;65E " <=234
C " 9 " 75? " ?G<=54:5?E " <=234 " C " A9 " 54 " :546R " <=234 " C " :3JD65 " 15 " $5= " <=234 " 9 " 54
J984 " E " N " 15? " 15AG5?E " N " <=234 " 6;3=A5 " 43JL;5 " 729=6;5? " ;9DD3;6? " 9=??8 " I;9DP
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W3=? " 3?34? " 734: " 43=? " I19665; " <=5 " 43? " F5:65=;? " ;5:5A;346 " 9A5: " D198?8; " :5?
78A5;?5? "A=5?"?=;"75?"3L@56?"9=??8":3JJ=4?"<=5"15?"Z9;65?E"N"<=281?"6;3=A5;346
<=25115? " ;5:68I8546 " D9;I9865J546 " 15? " 87G5? " A9B=5? " N " J91 " :3JL84G5? " <=234 " 9A386
5=5?"@=?<=5?"S"D;G?546"?=;":56"3L@56+
^=234"429A94:5;9"D1=?":3JJ5"7GJ346;G5?":5?"D;3D3?86834?+
^=5"15?"Z9;65?"425>8?6546"<=5"75D=8?"ZH9;15?"\0+
^=5"15?"0691854?"?346"15"75;485;"]5=D15"<=8"15?"986"973D6G5?+
^=5"15?"I8B=;5?"7="$5="75?"'9;36?"?346"5>6;9A9B9465?+
^=281"5?6";878:=15"75":H5;:H5;"123;8B845"75?"Z9;65?"794?"15?"78A5;?"G696?"75"19
A85":8A815+
^=5 " :5? " $5=> " ?346 " 128J9B5 " 75 " 19 " A85 " D98?8L15E " 69478? " <=5 " :51=8 " 75? " %:H5:?
5?6"128J9B5"75"19"B=5;;5+
^=5"15"$5="75?"%:H5:?"5?6"D1=?"94:854"<=5":51=8"75?"Z9;65?+
Z25?6"984?8"<=5"129L?54:5"75"19"AG;86GE"54"<=51<=5"B54;5"<=5":5"?386E"54B547;5"=45"
I3=15"725;;5=;? "75"63=65"5?DK:5E "<=8"75A8544546"D1=?"3="J384?"7G?9A9469B5=?5?E"
?=8A946 " <=25115? " ?5 " 18546 " 9A5: " 729=6;5? " AG;86G?E " <=25115? " :346;9?6546 " 9A5: " 5115? " 3="
<=25115?"15?";5D3=??546+
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]3=; " 65;J845; " :5? " ;5:H5;:H5? " N " :5? " 7GA513DD5J54? " ?=; " 15 " $5= " %BCD6854E
43=? " 91134? " J566;5 " ?3=? " 15? " C5=> " 7= " ]=D18: " 19 " !8??5;696834 " <=5 " 43=? " 94P
434:G5"N"3_"1234"D;3=A5":3JJ546"15?"%BCD6854?"9DD18<=38546":5"$5="S"129;6"75
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75A845;E"N"75"<=5115"J948K;5":5"JUJ5"D3846"75"A=5"?25?6"6;94?J8?"@=?<=5?"794?
43?"Z9;65?"S"@3=5;"I9865?"S"128J8696834"75":5115?P1S+
*4 " C " A5;;9 " 54 " D9;68:=185; " :5" <=5 " 43=? " 9A34? " 7G@S" 786 " 794?" :5 " \31=J5E " <=5
125>D18:96834 "75?"&34B5?"654386"794?"12(468<=86G" S"19"&:854:5"d8G;3B1CDH8<=5"N
]H813?3DH8<=5" 75?"&9B5?E":5=>P:8"9C946":H5;:HG"S";G7=8;5"54"?:854:5" 15" ;G?=1696
75"15=;?":3JL8498?34?"?=;"15?"&34B5?"7346"19"!8A8486G"D5;J566386"129::3JD18??5P
J546Y " N " <=5 " 63=65 " :5665 " ?:854:5 " ?2GA943=86 " 794? " 19 " ?=865 " 75? " 65J?E " N " I=6 " ?9P
B5J546 " 7GI547=5E " D9;:5 " <=25115 " ?5 " ;G7=8?86 " S " 75 " A9845? " N " I=6815? " 3L?5;A9P
6834?E" <=8"794?" 75?"&8K:15?" D5="G:198;G?" 9=;38546" D=" U6;5" :346;98;5?" 9=>"846G;U6?
15?"D1=?"5??546851?"75?"I38L15?"N"75?"?=D5;?68685=>+
Z56 " *L?5;A965=; " @=78:85=> " 43=? " I3=;48; " 75 " 43=A5115? " D;5=A5?" <=5 " 15? " Z9;65?
%?D9B4315?"?346"=45"8J8696834"75"12%BCD65E"D=8?<=281"43=?"9DD;547"<=5":5"425?6
<=29A5: " =4 " $5= " 75 " ]8<=56 " <=234 " :34?=165 " 15? " ?3;6?E " N " <=5 " D1=?85=;? " 43J? " 75
:5?"Z9;65?"?346"9L?31=J546";51968I?"S"75?"87G5?"%BCD685445?+
F5"';38?"75"75485;"5?6"9DD511G"15"&58B45=;E"3="!.+)+.+
F5"';38?"75":3=D5E"19"&3=A5;9845E"3="C.+.+
F5"!5=>"75":3=D5E"19"R*8J,E"3="52+.+
F5"W5=I"75"75485;E"G,)84),+
F2(?"75"Le634E"15"K,)2,'(E"?CJL315"75"12(B;8:=16=;5":H5f"15?"%BCD6854?+
F2(?"75"75485;E"15"Q&)/',E"3="52&$$&'+
Z5 " 43J " 75 "M*)aW%E " 7344G " S " (D31134 " 3= " 9= " &31581 " :3JJ5 " 429C946 " <=2=4
3581E " 5?6 " =45 " GD86HK65 " D;8?5 " 794? " 19 " W96=;5 " N " <=8 " 43=? " I3=;48;9 " =45 " D;5=A5 " S
9@3Q65;"S"D1=?85=;?"9=6;5?E"<=5"15"I9J5=>"D5;?3449B5"75"12%779"<=8"9"D5;7="=4
75"?5?"C5=>"S"=45":G1KL;5"I3469845"911GB3;8<=5E"425?6"9=6;5"<=5"15"&31581E"15"M3;P
B45"3="12{81"=48<=5"D9;"5>:51154:5+
Z5665"!8??5;696834"5?6"7298115=;?"?8";5JD185"75":H3?5?E"N"?8"D;3D;5"S"73445;"75
?9845? " 87G5? " ?=; " 19 " J948K;5 " 7346 " 15? " &9B5? " 72%BCD65 " :34?=1638546 " 15 " F8A;5 " 7=
!5?684E"<=5"43=?"45"73=634?"D9?"<=25115"45"?386"L854"9::=581185"7="]=L18:E"D;8AG
7298115=;? " @=?<=2S " D;G?546 " 75 " ;5:H5;:H5? " D9;58115?E " D9;:5 " <=5 " @=?<=5? " S " D;G?546
D5;?3445 " 429A386 " 5= " 15 " :3=;9B5 " ?23::=D5; " 723L@56? " <=8 " D9;38??38546 " D5;7=? " S
@9J98?"794?"19"D;3I3475"4=86"75?"65J?+