Vous êtes sur la page 1sur 207

!

"#
$%"#&'&
("&)""*+"*%'&
,#"(&-+,',"
.-/01***+2%-'%$***!&3&$-&+2,

2/.4-"56$*7**&3&$

&!"$,-%**&3&$****89::*/-%!&%****/.*;****2.*<=8*&>3%"'?*
@ A B C D C E F G C H 1 B I ***$&'*:J8*;K*L<9;

(/',3*$".M-"$*'%**" 3. -" 3& -"% *!&*(&+$*/-%!&%

! & + 2 - " & - & % *2".*%**N " N ' " / $ & 2" " **#%)"/#%'&
!&3&$-&+2,O*+2%-'%$
!"#*$%"#&'&*("&)""**+"**%'&**,#"(&-+,',"*P*.-/01**+2%-'%$*!&3&$-&+2,
/-%!&%O**&3&$*<::;
=::***.?*8:*23
"+N#**J98*J999:*/*9
&3&$
!"#$%"&'#(')*+&#',*(&#(-.,&#(&/.,&0()-12%&
0%"&('3&#+&#(('&#(&/.,&*,+%&#4"0/'&(&5'%&
5+,(6&0(#4*&*.*&#(&'1&'7-'*& .,%& /.,& '7-'&
/,(.0'*+8

!"#$%&'(

!"
!

9,(#1/4"*',(

!"#$%"&'#(')*+&#',*(&-("(,'.%(%&*%"(,(/&#',(&
0'&#1"2'3*(&4,%"&('&5(&1"5(&0%"(/&4("*,1&#( &
% :'5&$.*+,4*&)+&0'1&-'&%/('-+&'#()*&*,'*'*&;("*,1&#'&.51-&)+:2%&;.*.-(')#+&!"*,1#4*/'&)(*('&
0(&'&#1".'2*(&5',%-(&5%)*(,(&#(:<&!"#."=.',+8
)6' & "+)#1* & 3%& 1"5(& )( & 51#( & 514+ & 72',*(' & >*%1&0(&;(&'#15&#+3&01;+&#(&/'&;',#1,?(&#4*(/'&;'?%"%3&#%*%*.,1-&)(&/'&.;,%&0%"&-(#*1,+3&;1"4"01:2%&
*,14181%9 !"*,(@',('A&BC',&0(&1"0(&2*%(&'1*.,1-&#+,6%%&0(&'#()*(&5%)*(,(&'-(&1"%/(,)1-1%DE
!"*,(@',('&(&7%,(')#+&2%&5(,%*+&)+&;,%5(')#+&1"&,+);1")8&9,(F("*'&-1#,',(&()*(&7,1#*1-&#.51"%#+,%-.,&
("*%*+6%-.,&);%,%*1'-(&)1;(,%.',(3&G15%"%&'-(&H(,1-1%3&#',(&'1&,(/(-'*&I0(/+,1-&#4*.,/'&%1@%6%&7,'6%&'%&-.,&
#$ 0(&;(&;+54"*<8&G'&'#()*(&#.51"%#+,%&'5&'0+1?'*3&!" &4,%7'&#',*( &'&-1#,+,%%3&#1".2*%"6(-(&(F.*(,%#(&
;1@-%#'*(&;4"+&!"&;,(F("*3&!"&'&521'&#',*(&/.,@%"0&0.',&H(,1-&;,%"&*,%5%2%%&)+%8
:"#$%" & '#(')*+ & #',*( & #(81% & #',( & ' & ;2)*& I2'0',&'#(')*+&-1#,',(&()*(&1"&5+"1"#$%&0(&#1".2*%"6(&'01"'*(&0(&-'&0%7(,%6%&'1*.,%3&0%"&,(-'*+,%-(&
!".(8(4*18 & <$'8'5'"/ & !" & ' & #+,1% & #')+ & 5%"& 5',%-.,&-1#%F%&);%,%*1'-%&;(&#',(&%:'&'/1*&;+54"*1-&;4"+&'#153&0',&5'%&'-()&0%"&#.51"%#+,%-(&;,%5%*(&
0(&-'&5',%-(&G15%"%&#(,(2*%8
=(,1)'8%7 & >27"18 & "2)*,1 & =)1) & ?$,%)*2) & ' & C()%?1,3&'0(/+,1,%-(&0()#,%)(&!"&'#()*&*,'*'*&/.,&0(;+2%&!"6(-(?(,('&51-6%5%%8&J15'%&("*%*+6%-(&
81'* & #(' & 5%" & 1,7+ & #%"+/ & !74,(1"+ & #1& );%,%*1'-(&(/.-1'*(&-(&/.,&!"6(-(?(3&';,(#%'3&).,@%&#1&"()'63&;4"+&-'&1-*%5'&;'?%"+8&H(%&#',(&!"#+&"1&)(&
,%0%#+&-'&"%/(-1-&'#()*.,&0()*+%"1%,%3&/.,&F45@%3&).#.*%"01:-(&7'"*(F%%3&,+*+#%,%&'-(&1".,&5%"6%&@.-"'/(8&
1#("%#%%&@+%/&3%&#',(&)6'&!"*,14'*&!"&"('718& I#()*.,'&-(&,(#.5'"0&#1&%")%)*("6+&)+&!"#$%0+&#',*('&2%&)+&"1&.&5'%&#%*(')#+3&0(.',(#(3&!"*,:'0(/+,3&-(&
"2)*,1/ & )1A & "17(8( & 5( & B2-5'" & C(*,%#(%#1& *1-@1,+&5%"*('&2%&5(,)1-&/%(6%%8
K+&0('&C.5"1-&#'&G15%"'3&#'&'0(/+,1,%-(&(L;1)(&!"&'#(')*+&.;(,+3&)+&)(&,(/(,)(&!"&)17-(*(-(&
D')5(19 )(5("%-.,&5(%3&%',&,'F(-(&(%&@%"(7+#+*.',(&)+:%&#."01#+&;(&#'-('&@%"(-1%&2%&'&%1@%,%%8&I5%"M
!"""#$%"""&

"
H(&5%"*(&,(01)+&'/('&.51-&#1&5%%&2%&5%%&0(&'"%&!"&1,5+M&H(&?,(1&!2%&01#('&(-&*,'%1-3&;,%"&#4*(&
:"#$%" & '#(')*+ & #',*( & ?(81% & #',( & 7%6' & )17(,%"6( & ' & *,(#1*3 & 1,#4"0 & *,(';*+ & #1 & *,(';*+3 & ;4"+ & )+ & '=1"?+ & -' & -%@(,*'*(' & 0( & 'F%3 & -' & !"6(-(?(,('&
817%"'* & #'8(' & 0%(.%%/ & ?(81% & #',( & 5( & '*E*('& 0%7(,%*(-., & 7(".5("(3 & -' & #1".'2*(,(' & -(?%-., & 7%F%#(3 & #$%5%#( & 2% & @%.-.?%#(3 & #',( & 0.5%"+ & 2% & #."01#&
-15%-(&7%F%#(M
2,%&!7A,'#+&$'%"'&5(&27&6&F,G1"'/&C',)%;'8/ & H.5;',4"0&/%'6'&.51-1%&;,%5%*%/&#1&'#(('&'&.51-1%&0%"&6+,%-(&#%/%-%F'*(&0(&'F%3&#.")*'*+5&.&
H')%I/ & J(8#$%)(5(I/ & D(,7()/ & J2%)(/& ;,+;')*%(&%5(")+8&!"*,:'0(/+,3&!"&;,%5(-(&*%5;1,%&.51-&(,'&'*4*&0(&"(2*%1*.,3&!"#4*&!2%&01#('&/%'6'&
';,.';(&#'&1"&'"%5'-8&N.-3&7-+54"03&?."%*&0(&7%',(3&.51-&,+*+#('&)+:2%&')*45;(,(&7.'5('3&#4"0&;(&
K)%7'"5%')999 & 3% & *2*13% & ()*( & @*+4E"18 & 5',?%"('&5+,%-.,&O&'01"4"0&;-'"*(-(&)'1&'"%5'-(-(&',1"#'*(&0(&/'-1,%3&#4"0&;,%"&;+01,%&:&#1-(?4"0&
)14,(7&'8&48'"(*(%&C+7E"*9 7,1#*(-(&',@.,%-.,3&#4"0&;,%"&#45;%%&:&)51-?4"0&,+0+#%"%&2%&*1-;%"%&)1#1-("*(8
IF%&.51-&#%/%-%F'*&)(&,+)7'6+&!"&-.#1%"6(&#.5.0(&2%&).5;*1.')(3&!2%&;,.#1,+&$,'"+&;()*(&"(#()',3&
)(&!5;.0.@(2*(&#1&$'%"(&)#15;(3&%',&5%"*('&%&)(&!"'-6+&0(&-'&;,(.#1;+,%-(&'"%5'-%#(&0(&'-*+0'*+&-'&
;,.@-(5(&)1@*%-(3&%"/("6%%&5%"1"'*(3&0()#.;(,%,%&2*%%"6%7%#(3&)1@%(#*(&#',(&'=1"?&;4"+&-'&%"7%"%*A&)17-(*3&
);%,%*3&"(51,%,(3&P'*+-&:%&H,('*.,1-&-15%-.,8
H1&*.'*+&'#(')*+&')#(")%1"(&%"7%"%*+&'&5%"6%%&.5("(2*%3&'04"#%"01:)(&!"&)*10%1-&5'*(,%(%&2%&'-&
7.,6(-., & #( & . & '"%5+3 & )'/'"*1- & #.")*'*+ & #+ & ()*( & !"#."=1,'* & 0( & . & %"7%"%*'*( & 0( & ("%?5(3 & 0( & . & )(,%(&
"()74,2%*+&0(&5%)*(,(8
!"*,:'0(/+,3 & )1"*(5& 7.',*(&0(;',*(&0(& ;1"#*1-& 0(& 1"0(&'5& ;.,"%*3&0',&5'%& ()*(&51-*&;4"+&-'&
'=1"?(,('&;,.?,()1-1%&7%"'-3&0()*%"'*&?-.@1-1%&*(,()*,1&;(&#',(&/%(61%58&IF%&#.51"%#+5&;()*(&5+,%&2%&
#."*%"("*(3&F@1,+5&);,(&!"+-6%5%-(&#(,1-1%&2%&)*,+@'*(5&'04"#1-&5+,%-.,8&J(&5%"1"+5&0(&#4*(&2*%53&0(&
#4*( &'5& ,('-%F'*3& 2%&#1 & *.'*(& '#()*('3& '*4*('& ;,.@-(5(& 7,+54"*+ & 5%"*(' &.5("(')#+3 &'2*(;*4"01:2%&
).-16%'3&!"#4*&"(&!"?,.F%5&0(&"15+,1-&2%&;,.71"F%5('&-.,8
H.5;',4"0&#1".2*%"6(-(&".')*,(&'#*1'-(&#1&#(-(&;(&#',(&"%&-(&,(F(,/+&/%%*.,1-3&.@6%"(5&.&,(-'6%(&
')(5+"+*.',(&#1&,';.,*1-&0%"*,(&.&;%#+*1,+&0(&';+&2%&';'&1"1%&.#('"8&H1".'2*(5&51-*(3&0',&#1&*.'*(&
'#()*('3&;1*(5&);1"(&#+&"1&2*%5&"%5%#3&7'6+&0(&#4*(&)1"*(5&#$(5'6%&)+&'7-+58

<
& K#,%(5 &C+7E"*&6 &#4"0&"(&,(7(,%5&-'&;-'"(*'&9+54"*&!"&'")'5@-1-&(%3&#.")*%*1%*&0%"&?-.@1-&*(,()*,1&!"#."=1,'*&0(&H(,1-&)'1&
)7(,(-(&)'-(&);%,%*1'-(Q&)#,%(5&4+7E"*&:&#4"0&"(&,(7(,%5&0.',&-'&P(,,'3&?-.@1-&*(,()*,1&;(&#',(&"(&!"*,1;+53&#.@.,4"0&0%"&H(,3&;("*,1&'&
"(&7'#(&2#.'-'&;-'"(*',+8
I#(')*+&,(?1-+&()*(&/'-'@%-+&2%&;("*,1&K.',(3&G1"+&)'1&;-'"(*(8
R" & '#(('2% & %0((3 & )#,%(5 &?(, &;("*,1 & 0()(5"',(' & )7(,(-., & );%,%*1'-(3 & ' & );'6%1-1% & -.#1%* & 0( & ("*%*+6%-( & );%,%*1'-( & ';',6%"+*.',(&
9+54"*1-1%&)'1&.,%#+,(%&'-*(&;-'"(*(&)'1&#.,;&#(,()#Q&2%&)#,%(5&#(,&;("*,1&);'6%1-&7%F%#&'7-'*&0(')1;,'&.,%F."*1-1%&:&@.-*'&#(,(')#+&)'1&
7%,5'5("*1-8

#$%
. >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181% C,(#10E"*',( T
H1&5%%&2%&5%%&0(&'"%&!"&1,5+3&?,'6%(&"'*1,%%&7(,%#%*(3&'&;+54"*1-1%&7(,*%-3&#-%5'*1-1%&#'-0&2%&'&1"(%&
C%"&'#(')*+&5%#+&(L;1"(,(3&;(&#',(&"1&.&5'%&-1"?%53&)(&/(0(&;,(.#1;',('&#.")*'"*+&'&5',%-.,&
,')(&0(&.'5("%&#(&!2%&*,'?(&.,%?%"('&0%"&".';*('&/,(51,%-.,3&!"&)101-&I)%(%&2%&!"&".,0:()*1-&I7,%#%%& )'/'"6%&0(&'-*+0'*+3&0(&'&"1&);1"(&'0(/+,1,%&)1@*%-(&1".,&.'5("%&"(;,(?+*%6%&!"&;+*,1"0(,('&!"6(-()1-1%&
);%,%*1-&15'"&):'&-15%"'*3&'&'/'")'*&2%&'&(5%)&%0(%&2%&#1".2*%"6(&;,.71"0(3&=1)*(&2%&#1&.&!"+-6%5(& '04"#&'-&-1#,1,%-.,&2%&7';*(-.,8
);%,%*1'-+&15%-%*.',(&;("*,1&".%3&(1,.;("%%3&#',(&"(&#,(0(5&;,.5.*.,%%&#%/%-%F'6%(%3&-15%"+*.,%%&.5("%,%%8 R'*+&*,(%&(L(5;-(&:&-'&*,(%&(;.#%&2%&"('51,%&0(.)(@%*(&:&0%"&#',(&)(&;.'*(&/(0('&#+&-15('&0(&=.)&
S)*(&'0(/+,'*&#+&'#(-(&#1".2*%"6(&!"'-*(&"1&(,'1&;.)(0'*(&0(&51-6%5(3&0(&;.;.,1-&!"*,(?3&#%&0.',& '/(' & #1-*1- & (% & );(#%'- & 2% & #1".2*%"6( & (L.*(,%#( & 0();,( & C15"(F(1 & 2% & 7(".5("(-( & 0%" & "'*1,+3 & %',&
0(&;,(.6%5(3&2%&0%"*,(&'#(2*%'&"15'%&0(&.#1;'"6%%&*,(;*(-.,&)1;(,%.',(Q&)(#,(*(-(&7%%"0&*,'")5%)(&0.',& ;,(.6%5('&)1;(,%.',+3&)*+;4"'&'@).-1*+&'&*1*1,.,&@1"1,%-.,&:&2%&#$%',&'&/%(6%-.,&#(-.,&0(&=.)&h&0(6%"('&
%"%6%'6%-.,&0()*%"'6%&)+&1,#(&*,(;*(-(&%(,',$%#(&'-(&;,(.6%5%%8 !"'-*(-(&#1".2*%"6(&'-(&I0(/+,1-1%3&'-(&*1*1,.,&2*%%"6(-.,8&a&#."0%6%(&)(&#(,('&'#()*.,&(;.#%&2%&"('51,%A&
9.;.,1-1%&"(2*%1*.,&%&)(&7+#('1&)(,/%#%%&2%&#(,(5."%%&%5;,()%."'"*(3&-%&)(&#.51"%#'1&;,(#(;*(& #(%&#',(&;,%5('1&#1".2*%"6(&0%"&-15('&);%,%*1'-+&)+&7%(&%"*(-%?("6%3&5.,'-%&2%&@+*,4"%8
5.,'-(&2%&#1".2*%"6(&7.-.)%*.',(3&(L2*(,%#(&:&.51-&)%5;-1&7%%"0&0(*(,5%"'*&)+&/'0+&-15('&2%&'0(/+,1-&
)1@&7.,5(&/.'-'*(3&%',&!"&;,(.*&:&#."01#+*.,1-&/%(6%%&)'-(&*(,()*,(8&H1".2*%"6(-(&,('-(3&(M2*(,%#(/&"1&)(& &''''''('''''')

#.51"%#'1&/1-?1-1%3&7%%"0&)1@&'5("%"6',('&;(0(;)(%&#1&5.',*('8
3&I01:6%&'5%"*(3&7%1-&5(1&:&);1"('&;,(.*1-&@,'$5'"&".1-1%&%"%6%'*&:&#+&"1&(L%)*+&0(#4*&1"&)%"?1,& C%"&#(-(&("15(,'*(3&)(&;',(&#+&'*4*&!"&R"0%'&;,%5%*%/+3&'*4*&-'&/(#$%%&;(,2%3&(?%;*("%&2%&#$'-0(("%3&
C15"(F(13&K1/(,'"&'-&-15%-.,3&9,%"#%;%1-&*1*1,.,&-1#,1,%-.,3&;(&#',(&*1&)+:G&'0.,%&!"&)(#,(*8&C',&)+& #4* & 2% & -' & (/,(%% & 0%" & #(-( & 5'% & /(#$% & *%5;1,%3 & #';%*.-1- & #.")*%*1%,%% & 1"%/(,)1-1%3 & '- & (L%)*("6(% & -15%%&
2*%%3&0(&')(5("('3&#+&'#()*'&()*(&1"&5%)*(,&#(&"1&*,(@1%(&"%#%.0'*+&0(F/+-1%*&/1-?1-1%&)*1;%08&C'#+& %"/%F%@%-(3 & '- & 7.,6(-., & 0%" & "'*1,+ & 2% & '- & #.51"%#+,%% & #1 & ("*%*+6%-( & );%,%*1'-( & #( & '1 & *,+%* & ;( & ;+54"*&
#.")*%*1%'&.&2*%%"6+&)(#,(*+3&;-%"+&0(&5%)*(,&2%&;(,%#.-(3&-'&#',(&'/('&'##()&0.',&1"&"15+,&,(01)&0(&
*.*12%&.&/(%&7'#(3&*(&/.,&-./%&#(-(&5'%&5',%&"(".,.#%,%8E %"%6%'6%8
J15(-(&)(#,(*&'-&P'*+-1%&#,('*.,&:&#1".)#1*&0.',&0(&;,(.6%&2%&;,."1"6'*&"15'%&!"&)(,/%#%%-(&2%& SL%)*'1&-1#,+,%&)#,%)(3&.;(,(&,(-%?%.')(&)'1&7%-.).7%#(&'-(&(;.#%-.,&,();(#*%/(A&[(0(-(<3&W("0:I/()*'&
,1?+#%1"%-( & -., & : & (,' & #1/4"*1- &FNJO9 &BK74"*' & )%-'@+3 & #.5;1)+ & 0%" & *,(% & -%*(,( &I:T:U3 & #1;,%"0(& .,%&P.,'V3&;(&#',(&*.'*+&-15('&-(&;1*('&#%*%3&0',&2*%%"6'&.#1-*+&:&#1&7%-.).7%'&2%&;,'#*%#%-(&(%&0(.)(@%*(3&
P,%"%*'*('&/(0%#+&2%&*,(@1%(&;+)*,'*+&!"&)(#,(*E3&);1"('&5',(-(&-(?%)-'*.,&U4"1 V3&#',(&'&*,+%*&!"&S;.#'& !"/+-1%*(&!"&#(-&5'%&'04"#&5%)*(,&:&)(&*,'")5%*('&"15'%&.,'-3&#(-.,&'-(2%8
R"0%'"+3&#1&5%%&0(&'"%&!"'%"*('&/,(51,%-.,&".')*,(8 C%"&".';*('&/('#1,%-.,3&#("*,1-&I)%(%&()*(&-.#1-&0(&.,%?%"(&'-&*1*1,.,&#%/%-%F'6%%-.,&-15%%&/(#$%3&'-&
R0(('&0(&'&!"#,(0%"6'&#1".2*%"6(-(&!"'-*(&"15'%&#(-.,&%"%6%'6%3&.&!"*4-"%5&5'%&*4,F%13&!"&S;.#'& #,(0%"6(-., & 2% & ;,'#*%#%-., & ;,.7()'*( & 0(:' & -1"?1- & *%5;1-1%3 & ,4"0 & ;( & ,4"03 & 0( & *.'*( & ;.;.',(-(3 & #1&
9(,)'"+3&-'&/(#$%%&;(,2%8&!"&W("0:I/()*'X&#%*%5&1,5+*.,1-&*(L*A&BH1,'*1-3&K74"*1-3&K;%,%*1-&;,%5.,0%'-& '-*(,"+,%3&#1&)1;,%5+,%3&0',&?+)%"01:-(&;(&*.'*(3&)1@&0%7(,%*(&7.,5(3&;4"+&!"&F%1'&0(&'F%8
'-&1"%/(,)1,%-.,&:&6%:.&);1"&0()-12%*3&!"6(-(;*1-(&W.,.')*,1YZ&:&(L%)*'&!"'%"*(&0(&#(,3&0(&';+3&0(&;+54"*3& I#()*(&#1".2*%"6(&(,'1&')#1")(&0(.',(#(&)(&,(7(,('1&-'&0.5("%1-&!"'-*&'-&5'*(,%%-.,&)1@*%-(3&'-&
0(&7.#3&0(&;-'"*(&2%&'"%5'-(3&!"'%"*(&0(&.51-&)74"*3&!"'%"*(&0(&*.'*(E8 7.,6(-.,&)1;(,%.',(&2%&-(?%-.,&?1/(,"'*.',(&'-(&'-*.,&-15%Q&#1".2*%"6(&"(!"6(-()(&0(&5%"*('&"(;,(?+*%*+&
G'&')(5("('&#1".2*%"6(&"1&'/('1&'##()&0(#4*&5'?%%3&;,(.6%5('&!"'-*+&'&/(#$%-.,&;(,2%8&[1-?1-&"1& '&.5("%,%%3&5'%&'-()&'&#(-(%&0(&;(&'*1"#%8
*,(@1%'&)+&-(&'7-(3&)1@&;(0(';)'&0(&'&7%&*.,*1,'*&;4"+&-'&"(@1"%(3&.,%&0(&'&7%&)1;1)&5.,6%%8 IF%&.5("%,('&'&7+#1*&1"&;')&;(&*,(';*'&(/.-16%(%3&5.*%/&;("*,1&#',(&"1&5'%&()*(&"(/.%(&#'&'#()*(&
R0((' & ;+)*,+,%% &!" & )(#,(* &' & #1".2*%"6(-., &!"'-*( & .& ?+)%5 &2% &-' & (/,(%8 & R-15%"'6%% & -., & ;,.7(6% & )'1& #1".2*%"6(&2+&7%(&'*4*&0(&')#1")(8&J1&)(&5'%&2.;*()#&-'&1,(#$(3&"1&)(&5'%&;,.;./+01%()#&;,%"&;+01,%3&
5(0%15%&!2%&%"%6%'1&0%)#%;.-%%&!"&;,%/%"6'&*(L*(-.,&)'#,(8&U%2"'\&#1;,%"0(&1,5+*.,1-&*(L*A&BS)*(&.;,%*&)+& *(5;-(&.,%&51"6%&%F.-'6%3&#'&!"&'-*(&/,(51,%3&#%&)(&)#,%1&2%&)(&;1"&-'&!"0(54"'&*1*1,.,'Q&0',&#$%',&2%&!"&
/.,@(2*%&#$%',&1"(%&)%"?1,(&;(,).'"(&0%"&U(,]'/'^8&C.',&0'#+&'%&!"&7'6+&1"&@+*,4"&%"*(-%?("*&!6%&()*(& F%-(-(&".')*,(&!"#+&"1&;.*&7%&!"6(-()(&0(#4*&0(&7.',*(&;16%"%8
;(,5%)&)+:%&#.51"%#%3&!"&)(#,(*3&2%&"15'%&1"(-(&0%"&#';%*.-(-(&(%E8 a51-&'&'=1")&'F%&-'&1"&'-*&"%/(-&5.,'-&2%&%"*(-(#*1'-3&2%&;("*,1&'&)(&!"+-6'3&%&)(&.7(,+&')(5("('&
#1".2*%"6(3&')%5%-'*(&#1&"()'6&0(&#(%&#$(5'6%3&0(&#(%&;,(?+*%6%&);%,%*1'-8&I#()*(&#1".2*%"6(&/.,&#."*,%@1%&
BJ1 & %"%6%' & !" &'#(')*+& 2*%%"6+& *(,%@%-+& %"*(-%?("6(-( &)-'@(3 &;("*,1& #+& ('& ;.'*(& )+ &-( & #."01#+& -'& -' & )#$%5@',(' & #."01%*(% & .51-1%3 & -' & -+,?%,(' & .,%F."*1-1% & #."#(;6%(% & )'-( & 0();,( & /%'6+ & 2% & "'*1,+3&
"(@1"%(E3&);1"('&#'@'-%)*1-_&(-(/1-1%&)+18 ;,(?+*%"01:<&;("*,1&.&/%'6+&5'%&@1"+&2%&5'%&%1@%*.',(8
H%*%*.,1-(3&#%*(2*(&#1&,+@0',(&2%&'*("6%(&'#(')*+&#',*(&0(&2*%%"6+&2%&7%-.).7%(&#(,(')#+3&;("*,1&#+&!6%&
<
/'&-15%"'&2%&!"+-6'&)17-(*1-8
ITU&`aUb&:&[(,@1-&0%/%"&#',(&0()(5"('F+&K1,)'&0%/%"+3&#'1F'&;,%5.,0%'-+&'&!"*,(?%%&#,('6%%3&K7(,'&0(&1"0(&/("%5&2%&!"
#',( &"( &!"*.',#(58&I#()* & #1/4"*& )( &;,."1"6+ & 0%" &?4* & #+*,( & @1F(3 & 7%%"0 &#.5;1)& 0%" &?1*1,'-' & #(' & 5'% &0()#$%)+ &F/ &0%" & -'@%'-' &#('
5'%&!"#$%)+&J/&-(?'*(&;,%"&N9&!"&*,'0%6%'&5%)*%#+&()*(&,(;,(F("*'*&;,%"&*,(%5('&-%*(,(-.,&(@,'%#(&*7CJ8
<
V
U4"1 & `)'")#,8 & : & ?4"0%*.,b & : & H(- & 0(:'- & *,(%-(' & G.?.)3 & )'1 & G.?.):1-& ;-'"(*',3 & N1/(,"'*.,1- & 1"1% & #%#-1 & (/.-1*%/ & ;-'"(*',8 & S- [(0'&`)'")#,8&:&#1".'2*(,(3 &2*%%"6+b&:&a&#1-(?(,(&0(&;'*,1&#+,6%&)'#,(&'-(&$%"012%-.,&`c%?&[(0'3&i'=1,&[(0'3&K'5'&[(0'&2%
()*(& H,('*.,1- &' &*.* &#((' &#(& ';',(& !"& c."01-& )'1& G'"61-&;-'"(*', &;( &#',(& !-& ?1/(,"('F+8& a,%#(& c."0& ;,()1;1"(& 0.%& U4"1A& 1"1- I*$',/' & [(0'b & #1;,%"F4"0 & %5"1,%3 & %"#'"*'6%% & 2% & 7.,51-( & 5'?%#( & ,(#%*'*( & !" & *%5;1- & ,%*1'-1,%-., & 0( & )'#,%7%#%13 & #4"*(#( & ,(-%?%.')(3
;,.01#(&/%'6'&2%&7.,5'&15'"+&M'&!"#(;1*1-&1"1%&c."0Q&2%&'-*1-&)%"*(*%F('F+3&#'&!"*,:.&)+54"6+3&@%-'"61-&2%&,(F1-*'*(-(&1"1%&)74,2%* 7.,51-(&5'?%#(&;("*,1&(L.,#%)5(&2%&0()#4"*(#(8
V
0(&c."08 P.,' &`(@,8 &: & !"/+6+*1,+3 &I,+*',(b & : &S)*( & ,(/(-'6%'& 0%/%"+ &#( & )*+ &-' &.@4,2%' & %10'%)51-1%8&P.,' &,(;,(F%"*+ &%"*("6%' & H,('*.,1-1%
X
W("0:I/()*'8&`F("0&:&-(?(b&:&H1-(?(,(&0(&*(L*(&)'#,(&'*,%@1%*(&-1%&W','*$1)*,'3&#(&#1;,%"0&%"/.#'6%%3&%5"1,%3&!"/+6+*1,%&2%&*(L*( (L;,%5'*+ & ;,%"*,:1" & '")'5@-1 & 0( & *(L*( & )'#,(3 & 7%%"0 & #.")*%*1%*+ & 0%" &C("*'*(1$/ &#(-( & #%"#% & H+,6% & ,(/(-'*( & '-( & -1% & U.%)(A &Q("(M'/
RL2518/&:(0%*%#18/&S17(,%%/&>(1*(,2"27189
,(7(,%*.',(&-'&,%*1'-1,%8 P.,'&)#,%)+&()*(&;,(#(0'*+&2%&1,5'*+&0(&.&P.,'&.,'-+8&9,%"&-%*(,(-(&2%&#1/%"*(-(&)'-(3&P.,'&(L;,%5+&J15(-(&0%/%"8&9,%"&P.,'3&
d
W.,.')*,1&)'1&W','*$1)*,'&:&R"%6%'*&;(,)'"3&7."0'*.,1-&5'F0(%)51-1%8&S-&,(#1".2*('&#'&C%/%"%*'*(&)1;,(5+&;(&I$1,'&U'F0'3 C%/%"%*'*('&'&#,('*&-15('&2%&;,%"&P.,'&"(&0(F/+-1%(&)#.;1-&K+1&!"&5.5("*1-&#,('6%(%3&J15(-(3&'*,%@1*(-(&2%&%"*("6%%-(&K'-(8&K*4"0&-'&@'F'&
!"/%"?+*.,1-&-1%&I$,%5'"&:&;,%"#%;%1-&,+1-1%8 .,%#+,(%&(L%)*("6(3&J15(-(&0%/%"&#."6%"(&)(")1-&;,.71"0&')#1")&)1@&';',("6(8&U(0%*4"0&')1;,'&J15(-1%&0%/%"3&5%)*%#1-&'=1"?(&-'&(L*'F8&
\
U%2"'&`(@,8&:&,(;(*%6%(3&,(%*(,',(b&:&H1-(?(,(&0(&#.5("*',%%&,(7(,%*.',(&-'&P.,'8 H.")%0(,4"0&#+&G%5@'=1-&0%/%"&()*(&,('-%*'*('&;,.71"0+3&#'@'-%2*%%&'7%,5+&#+&7%(#',(&-1#,1&(L%)*+&"15'%&;,.;.,6%."'-&#1&;',*%#%;',('&)'&
^
9,%" & U(,]'/' & : & H', & #(,()# & : & %-15%"'*1- & ;+*,1"0( & !" & 5%)*(,(-( & #(-( & 5'% & %"*%5( & 2% & ;,.71"0( & '-( & ()("6(% & 2% & #'-%*+6%-., -'&J15(-(&0%/%"3&5'"%7()*'*&!"&#,('6%(3&7%%"0&()("6'&')#1")+&'&'#()*(%'8
C%/%"%*+6%%8 & 9,%" & ')#(")%1"(' & (L*'*%#+ & ' & -1% &"(3'7'$ & 6 &)17-(*1- & )1;(,%., & : & 5%)*%#%% & U(,]'/' & '*%"? &D(%$'82* & 6 &9'-'*(-(3 & -+#'21,%-( P.,'&'&7.)*&)#,%)+&;,%"&%"*(,5(0%1-&#(-.,&0.1+F(#%&2%&0.1+&0(&-%*(,(&'-(&'-7'@(*1-1%&(@,'%#8&9,%"&#.5@%"',('&'#()*.,&-%*(,(&):'&"+)#1*&
#(-()*(8 & 91,%7%#'6%&;,%" & ')#(F+3 & !"0(;-%"%"0 &7%.02* &: &#.5'"0'5("*( & 0%/%"(& 2%&*,+%"0 & !" &>(0(%I1* &6 &'*'2'5("*& 2%&#.51"%1"( &%"*%5+ #,('6%'8&G(?('&#',(&'&?1/(,"'*&#,(',('&1"%/(,)1,%-.,&)*+&-'&@'F'&"'2*(,%%&-%5@%%&(@,'%#(8&9,%"&1,5',(3&5(0%*4"0&')1;,'&-%*(,(-.,&#(&
#1 & C%/%"%*'*('3 & 5'(2*,%% & 5%)*%#%% & U(,]'/' & '*%"? & 5.5("*( & 0( & (L*'F & ;,%" & #."*(5;-',(' & J15(-., & 0%/%"(8 & 9.,"%"0 & 0( & -' & /%F%1"(' 7.,5('F+&P.,'&2%&).#.*%"0&/'-.',('&-.,3&/.5&0()#.;(,%&*'%"(-(&#,('6%(%&:&?("(F'3&)#.;1-&2%&7%"'-%*'*('&(%8
H',1-1%&#(-()*&'&-1%&SF(#$%(-&2%&0(&-'&0()#,%(,('&P,."1-1%&0%/%"3&J'')(%&J(,I'0' &:&H,('6%%-(&#',1-1%3&,(;,(F%"*+&!5;,(1"+&#1 &J'')(% P.,' & )( & ,(/(-('F+ & 0.', & #(-., & #',( & ,();(#*+ & '-( & )'-( & 5%6/.*3 & #.5'"0'5("*( & 0%/%"(8 & SL%)*+ & ;'*,1 & #+%3 & #'"'-( & )'1 & *,(;*( & 0(&
B(,(%3%* & 6 &H,('6%%-( & 0%"*4%3 & #(-( & 0.1+ & 'L( & '-( & *,'0%6%(% & 5%)*%#%% & (/,(%(2*% & : &?'A'8'9 &J+)#1*+ & 0%"*,:. & ,(/(-'6%( & 0%/%"+3 & H'@'-' & ()*( %"*(,;,(*',(&'-(&*(L*(-.,&)'#,(&(@,'%#(3&'&K7%"*(%&K#,%;*1,%A
;,%5%*+&0(&.5&2%&*,'")5%)+&;,%"&#1/4"*&0(&-'&.5&-'&.53&!"#(;4"0&#1&U.2(&`U.%)(b3&#',(&'&;,%5%*:.&0(&-'&91*(,('&0%/%"+8 <8C(3'*&:&)(")1-&-%*(,'-&'-&*(L*1-1%Q
!"/+6+*1,'&71"0'5("*'-+&'&5%)*%#%%&(/,(%(2*%&()*(&#1;,%")+&!"&@(;(,&=(.%,'&:&H',*('&#,('6%(%&2%&@(;(,&D'P2$',&:&H',*('&);-("0.,%%8& V8H(7(M&6&)(")1-&'-(?.,%#Q
H.")*%*1%*&!"*,:1"&*(L*&#'@'-%)*%#&#.)5.?."%#3&!"*,:.&2*%%"6+&'&-%5@%%&)'#,(3&K(7(,&R(6%,'&0+&.&%"*(,;,(*',(&5%)*%#+&'-7'@(*1-1%&(@,'%#8&K(7(,& X8>(,13&:&)(")1-&.5%-(*%#3&*(.-.?%#Q
R(6%,'&()*(&'*,%@1%*+&;'*,%',$1-1%&I@,'$'53&#',(3&;,%"&#."*(5;-',('&-%*(,(-.,&(@,'%#(3&'&;+*,1")&)(")1-&,(/(-'6%(%&0%/%"(8 d8@25&:&)(")1-&5%)*%#8
G%*(,(-(&(@,'%#(&)1"*&#.")%0(,'*(&/($%#.-(&'-(&;.*("*(-.,&#,('*.',(3&7.,6(&,(/(-'*.',(&'-(&H,('*.,%-.,&:&C 3"ef&S-.$%53&/'-.',('&-.,& H(-(&;'*,1&*,(;*(&)1"*&-(?'*(&!"*,(&(-(&2%&"1&)(&;.*&)(;','8&H'&1,5',(3&#(-(&*,(%&#'"'-(&%"7(,%.',(&/.,&,+);4"0%&7.#1-&5%)*%#3&-15%"'&
"15(,%#+&'/4"0&.&71"#6%(&()("6%'-+&!"&#,('6%(8&I"?'='*&!"&#+1*',('&I@).-1*1-1%3&5%)*%#1-&()*(&#+-+1F%*&0(&;1*(,('&H1/4"*1-1%3&'&[(,@1-1%8& #+%%&-1%&K.08&C.',&01;+&#(3&1,#4"0&#(-(&;'*,1&*,(;*(&0(&%"*(,;,(*',(3&!"6(-(;*1-&)(&/'&!"+-6'&0(&-'&)(")1-&-%*(,'-&-'&#(-&5%)*%#3&/'&!"6(-(?(&
T"%/(,)1-&/(,@'-3&#.5;','*&#1&1"&%")*,15("*&51F%#'-3&,(;,(F%"*+&)#','&')#(")%1"%%&5%)*%#(3&-%5@'=1-&5'"%7()*'*&0(&N4"0%,('&0%/%"+&!"& 0(;-%"&2%&-%5;(0(&*.'*(&#(-(&;'*,1&)(")1,%8
5.5("*1-&#,('6%(%8&H,('6%'&()*(&-%5@'=1-&(L;,%5'*&0(&N4"0%,('&0%/%"+3&5'"%7()*4"01:)(&#'&;1*(,(&#,('*.',(&'&1"%/(,)1,%-.,8&C1;+&#15& G1%&c'@%&>%5."&@',&i.$'%3&#',(&'&*,+%*&!"&N'-%-(('&)(#.-1-1%&'-&RR:-('&'-&(,(%&#,(2*%"(3&#.")%0(,'*&'1*.,1-&H+,6%%&K;-("0.,%%&:K(7(,&
#,('6%'&#.")*%*1%(&1"&;,.#()&-%"?/%)*%#&2%&"15(,.-.?%#3&.51-&()*(&#$(5'*&)+&7%(&'*("*&-'&)("*%5("*(-(&2%&?4"01,%-(&)'-(3&-'&#1/%"*(-(& g'W.$',&:&!%&)1"*&'*,%@1%*(&1,5+*.',(-(&#1/%"*(A&BJ(7(,%#%,(&#(-.,&#(&/+0&!"&P.,'&0.',&;./(2*%&)%5;-(&2%&/.,@(&.@%2"1%*(M&C'#+&',&7%&'2'3 &
,.)*%*(3&-'&;,%/%,(-(3&?()*1,%-(&2%&7';*(-(&)'-(8 '5&;1*('&)+&,(0'#*+5&2%&".%&.&'-*+&P.,'3&-'&7(-&0(&5%"1"'*+8&C',&'0(/+,1-&()*(&#+&7%(#',(&#1/4"*&0%"&P.,'&',(&1"&)(")&)1;(,%.,&2%&1"&
c(F154"0&()("6'&0%/%"+&2%&5.01,%-(&K'-(&0(&5'"%7()*',(3&K(7(,&g'W.$',&:&)#,%)+&!"&','5'%#+&2%&'/4"0&'0'.)1,%&!"&(@,'%#+&:&()*(& 5%)*(,&)1@-%53&!5@,+#'*(&!"&/(25%"*(-(&1".,&;./(2*%8&J(7(,%#%*&#(-&#(&%'&'#()*(&/(25%"*(&0,(;*&P.,'M&C'#+&P.,'&',&7%&7.)*&7+#1*+&0%"&
1"&5%0,'23&1"&#.5("*',%1&'-&#(-.,&#%"#%&?+,.%&'-(&-1%&U.%)(3&'-&?E"*+,%%&?E"*+,%82,&2%&?+,.%%&81%&H1*$9 #1/%"*(&2%&;./(2*%&.@%2"1%*(3&#15&',&7%&7.)*&('&;,.#-'5'*+&P.,'&I0(/+,1-1%3&P.,'&;(,7(#6%1"%%3&5+,*1,%'&'1*("*%#+&.7(,%*+&0(&C%/%"%*'*(DE
_
& H'@'-%2*%%3 & !"6(-(;6%% & I0(/+,1-1%3 & #(% & #',( & 0.,()# & )+ & #1".')#+ &I0(/+,1-3 & #.51"%#+ & ;,%" & ?,'% & /%1 & !"/+6+*1,' & -.,8 & H'@'-'&
:*,'")5%*(,('&*,'0%6%(%&5%)*%#(&:&)(&7'#(&;,%"*,:1" &7(#1A'8/ &1"&#'@'-%)*&#',(&'&;,%5%*&H'@'-'3&#+*,(&1" &7(#'A(89 &H'@'-%2*%%&!2%&*,'")5%*& %'!
!"/+6+*1,' & 0.', & 0%)#%;.-%-., & *,(#16% & 0( & ;'*,1F(#% & 0( & '"%3 & #4"0 & )17-(*1- & 15'" & : &"(3'7'$ &h: & ' & '*%") & 5'*1,%*'*(' & "(#()',+ & ;,%5%,%%&
I0(/+,1-1%8&G%*(,(-(&(@,'%#(&#',(&7.,5('F+&#1/4"*1-&"(3'7'$&6&)17-(*&:&'-#+*1%()#&2%&#1/%"*(-(&7(7&3'"'&:&;'*,1F(#%&0(&'"%8
8888&88Q88j&&88::3Qk8::lhQ338&&&8&8%8m3Q8/=n *

**'

!"#$%&'%()*+,#*-.)#'/#0#1#*&
J

9cRUI&HIcPS R"&*%5;1,%-(& !"0(;+,*'*(3& 5',%%& %"%6%'6%& #.51"%#'1& 0%)#%;.-%-.,& I0(/+,1-8&IF%3&5',%-(&G15%"%&'-(&


-15%%&);%,%*1'-(&#.51"%#+&#(-.,&#$(5'6%&I0(/+,1-8&I)*7(-&'7-+5&#+&!"&"'*1,'&!"#."=1,+*.',(&(L%)*+&.&
0%/(,)%*'*(&0(&5'*(,%%&(*(,%#(3&0(&0%7(,%*(&?,'0(3&'&#+,.,&7%"(6(&()*(&'*4*&0(&5',(3&!"#4*&)%561,%-(&7%F%#(&
"1&)1"*&!"&)*',(&)+&"%&-(&,(/(-(F(8&I#()*(&5'*(,%%&)1"*&'"%5'*(&0(&1"0(&/%@,'*.,%%3&0%7(,%*(&0(&#(-(&#',(&
'"%5+ & 5'*(,%' & /%F%@%-+3 & *'"?%@%-+3 & !" & )4"1- & -., & (L%)*4"0 & . & %"7%"%*'*( & 0( & /%(61%*.',(3 & 0( & '#(('2%&
#.5;.F%6%(&#1&5(0%1-&1"0(&*,+%()#8
I#()*(&'7%,5'6%%3&#'&2%&51-*(&'-*(-(3&)1"*&;,%5%*(&'F%&0(&-15('&)'/'"*+&#1&"(!"#,(0(,(3&@'&#$%',&#1&
%,."%(3&%"/.#4"0&!"*,(@',('A&BC(&#(&"1&)(&;.'*(&;,.@'&(L%)*("6'&'#()*.,&5'*(,%%&2%&7.,6(3&0(&#(&"1&;.*&
7%&/+F1*(3&'1F%*(&2%&;%;+%*(&0(&*.6%&.'5("%%DE
c+);1")1-&-'&'#(')*+&!"*,(@',(&()*(&1,5+*.,1-A&G15%-(&$%;(,7%F%#(3&#1&5'*(,%%-(&2%&7.,6(-(&-.,3&"1&
;.*&7%&/+F1*(&2%&)%56%*(3&"1&)(&;.'*(&-1'&#1".2*%"6+&0(&(L%)*("6'&-.,3&;("*5&#+&.'5("%%&"1&0%);1"&
0(.#'50'*+&0(#4*&0(&.,?'"(-(&0(&)%56&"(#()',(&;(,#(;(,%%&-15%%&7%F%#(8
S)*(&'0(/+,'*&#+&.51-&',(&!"&7%%"6'&)'&:&;(&-!"?+&.,?'"(-(&0(&)%56&7%F%#(&:&2%&.,?'"(&0(&)%56&
%5;,()%."'@%-( & 0( & ;,(F("6' & 5'*(,%%-., & %"/%F%@%-( & 2% & ' & ("*%*+6%-., & );%,%*1'-( & /%(61%*.',( & !" & 5(0%%-(&
$%;(,7%F%#(3&0',&'#()*(&)%561,%&0.,53&)*'1&-'*("*(&!"&7%%"6'&".')*,+8&J15'%&#4"0&'#()*(&)%561,%&)1;(,%.',(&
/.,&7%&;1)(&!"&'#*%/%*'*(3&#4"0&/.,&7%&#$(5'*(&-'&/%'6+3&.51-&/'&0(/("%&1"&5(0%15&!"*,(&H(,&2%&
;+54"*8&C%"&'#(-&5.5("*&(-&/'&'1F%3&)%56%&2%&/(0('&5'*(,%%&2%&7%%"6(&'"%5'*(&0(&'-*(&7.,6(&0(#4*&#(-(&
7%F%#(8
H1&'-*(&#1/%"*(3&-15('&$%;(,7%F%#+&()*(&;("*,1&.5&-'&7(-&#15&()*(&-15('&#1-.,%-.,&;("*,1&.51-&
"+)#1*&.,@8&S-&/'&'1F%&)1"(*(-(3&/'&)%56%&#'-0&)'1&,(#(3&/'&;%;+%&-1#,1,%-(&5.%&)'1&*',%&0%"&-15('&
7%F%#+3&0',&"1&/'&'/('&"%#%&.&%0((&0();,(&#(('&#(&!")('5"+&,.213&'-@')*,1&)'1&/(,0(8&U%"*('&)'&"1&',(&
;.)%@%-%*'*('&)+&0(7%"(')#+&;(%)'=(-(3&;(,);(#*%/(-(&2%&#1-.,%-(3&0(.',(#(&"1&'&'/1*&"%#%.0'*+&1"&.,?'"&
#';'@%-&0(&'&;,%5%&/%@,'6%%-(&-15%"%%3&#',(3&).)%"0&;(&)#.',6'&#(,(@,'-+3&)(&*,'")7.,5+&!"&".6%1"%&0(&
#1-.,%&2%&7.,5(8&R"&5%"*('&.,@1-1%&0%"&"'2*(,(3&-15('&/%F%@%-+&0(&#+*,(&1"&.5&)+"+*.)&"1&;,./.'#+&"%#%&
.&".6%1"(&#.,();1"F+*.',(Q&!")+&#1&*.'*(&#+&"1&.&/(0(3&('&(L%)*+8
o';*1-&#+&#('&5'%&5',(&;',*(&0%"&.5("%,(&"1&/(0(&7%%"6(-(3&5'*(,%%-(&0%"&-15%-(&$%;(,7%F%#(3&"1&
()*(&1"&',?15("*&#+&(-(&"1&(L%)*+8&C'#+&;,%"*,:.&B5%"1"(E&)'1&.;(,'6%(3&.,@1-&0%"&"'2*(,(&',&0.@4"0%&
/(0(,('3&-'&!"#(;1*&":',&;,%#(;(&"%5%#3&',&,+54"(&1-1%*3&0',&*,(;*'*3&7+#4"01:2%&(01#'6%'&/%F1'-+&'&
%5'?%"%-.,&).)%*(&;(&#.,*(L3&'=1"?(&)+&%'&;(&0(;-%"&#1".2*%"6+&2%&0(&:'#()*&0.5("%1&"(#1".)#1*&-1%&
;4"+&'*1"#%8
G'&7(-&):',8!"*45;-'&#1&.,%#',(&0%"*,(&.'5("%%&#',(&0.@4"0()#&/(0(,('&);%,%*1'-+8&C'#+&?,'6%(&
1".,&(/("%5("*(&"(;,(/+F1*(3&1"(%&(01#'6%%&)'1&;,'#*%#%&);(#%'-(3&.51-&'=1"?(&)+:2%&0(F/.-*(&)%561,%-(&
)1;(,%.',(&'-(&-15%-.,&)1;,'7%F%#(3&',&/(0('&7.,5(&2%&',&'1F%&)1"(*(&"(%"*(-%?%@%-(&-'&!"#(;1*3&0'%&
!"#(*1-&#1&!"#(*1-3&.@%2"1%"01:)(&#1&(-(3&-(&/'&!"6(-(?(&2%&0%)*%"?(&1"(-(&0(&'-*(-(8
9("*,1&#1".'2*(,('&'#()*(%&-15%&%"/%F%@%-(&)(&#(,&'"%&0(&F%-(&0(&.@)(,/'6%%&2%&.&#."*%"1+&(01#'6%(8&K(&
;(*,(#(&'#(-'2%&7(".5("&#'&!"&-15('&7%F%#+8&P.6%&.'5("%%&'1&.#$%Q&#(%&)+"+*.2%&/+0&-1#,1,%-(&2%&7%%"6(-(3&
0',&.',(&*.6%&#1".)#&"'*1,'3&71"#6%'&2%&,.)*1-&-.,&!"&'"?,("'=1-&1"%/(,)1-1%D&K1"*&"(#()',%&'"%&0(&)*10%%&
;("*,1&'&-(&#1".'2*(3&0(.)(@%&2%&'7-'&,.)*1-&!"&0(#.,1-&/')*&'-&"'*1,%%8
T"%% & .'5("% &'7%,5+A & BC(.',(#( & ".%3 & 0(.#'50'*+3 &"1 &)%56%53& '1F%5& )'1 & /(0(5 & '#()*( & -15%&
%"/%F%@%-(3&!")('5"+&#+&"1&'&).)%*&*%5;1-&)+&-(&#1".'2*(58&H4"0&/'&/("%&/,(5('3&)(&/.,&0(F/.-*'&
*,(;*'*&2%&)%561,%-(&)1;(,7%F%#(&0%"&".%&2%&'*1"#%&-(&/.5&#1".'2*(8&G'&#(&@1"&)+&"(&@'*(5&#';1-&#1&(-(&
0(&;(&'#15D&K+&*(,5%"+5&#1&0(;-%"'&#1".'2*(,(&'&-15%%&7%F%#(3&2%&';.%&.5("%,('&/'&*,(#(&2%&-'&
#1".'2*(,('&-15%-.,&"(#1".)#1*(E8
I,?15("*1-&()*(&;1*(,"%#&!"&';',("6+3&!")+&?,(2%*&!"&7."03&2%&%'*+&0(&#(8&K+&;,()1;1"(5&#+&)1"*(5&
#$(5'6%&"(';+,'*&!"*,:. & 6',+& !"0(;+,*'*+3& 1"0(&/'& *,(@1%&)+ & *,+%5& 51-6%& '"%8& S%&@%"(3&)(& #'0(& )+&
#1".'2*(5 & 0%" & /,(5( & #."0%6%%-( & !" & #',( & /.5 & *,+% & '#.-.3 & 5(0%1- & 2% & %"7-1("6' & -1% & ')1;,' & ".')*,+8&
p%"(!"6(-()&#+&'=1"?4"0&'#.-.3&"(&/.5&'0';*'3&/,4"0:"(/,4"03&'#(-1%&5(0%13&0',&.',(&"1&()*(&5'%&
@%"(&)+&#1".'2*(5&0%"&/,(5(&".%-(&#."0%6%%&2%&)+&"(&;,(?+*%5&;("*,1&(-(D&S/%0("*&#+&0'8
I2'&7%%"03&"1&"15'%&#+&"1&()*(&0(&;,%).)3&0',&#$%',&)(&%5;1"(&)+&#1".'2*(5&-15%-(&%"/%F%@%-(3&
0(.',(#( & #1".)#4"01:-( &0%" & *%5; & /.5& 2*% &#15& )+ & "(& #.5;.,*+5 & '*1"#% & #4"0 & 0(F@,+#4"0 & $'%"'&
#',"'-+3 & *,1;1-3 & /.5& (L%)*("6'&!"&7.,5(&".%&0(&/%'6+8&9,(?+*%6%&#'&'*',(&/.5&7%&)#1*%6%&)+&,+*+#%5&'"%&2%&'"%&!"&"(2*%%"6+&2%&)+&
;+*,1"0(&!"&'#()*(&-15%3& ;%(,0(5&')*7(-&.&/,(5(&!"0(-1"?'*+&;4"+&)+&"(&.@%2"1%5&%',+2%&#1&B".1'E&".')*,+&;'*,%(&);%,%*1'-+3&
1"0(&"(&/.5&0()7+21,'& /(#$(&0%"&/(2"%#%'&/('#1,%-.,&7+,+&"15+,8

07
>%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&C,%7'&#',*( RL%)*(".'&817%82,&%"0%M%A%8( UW
UV
!"&'7','&'#()*1%&5.*%/&()("6%'-3&)(&#'0(&)+&-1+5&#1".2*%"6+&0(&'#()*(&-15%&2%&;("*,1&7';*1-&#+&#(('& I2'0',3&(L%)*+&!"&,'F(-(&).',(-1%&#1-.,%&%"7,',.2%%&2%&1-*,'/%.-(*(3&%"/%F%@%-(&.#$%-.,&".2*,%3&0',&
#(&/(0(5&;(&;+54"*&"1&()*(&0(#4*&(7(#*1-&1".,&#'1F(&'7-'*(&!"&-15('&%"/%F%@%-+8&I2'&0(&(L(5;-1A&1"& )()%F'@%-(&;,%"&(7(#*(-(&-.,8
.5&)%5;-1&#.")*'*+&#15&*(-(7."1-&*,'")5%*(&/.#%&0(&-'&1"&-.#&-'&'-*1-3&/(0(&#15&*,'5/'%1-&#%,#1-+&;(& C1;+&#15&.#$%1-&".)*,1&"1&/(0(&0(#4*&!"*,(&'"15%*(&-%5%*(3&1,(#$('&".')*,+&"1&'10(&0(#4*&
)*,+F%3&/(0(&(7(#*1-3&0',&#'1F'&#',(&-(&;1"(&!"&71"#6%1"(&:&(-(#*,%#%*'*('&:&"1&.&/(0(3&"1&.&#1".'2*(8& )1"(*(-(&;,.01)(&!"&'(,&#1&.&7,(#/("6+&!"*,(&XV:X^8qqq&0(&/%@,'6%%&;(&)(#1"0+8&a,&!"&"'*1,'&7%F%#+&
I#(-'2%&,';.,*&(L%)*+&2%&!"*,(&-15('&7%F%#+&2%&#('&$%;(,7%F%#+8&J.%&"1&/.5&'=1"?(&)+&#1".'2*(5&;(& !"#."=1,+*.',(&)(&;,.01#&/%@,'6%%&0(&.&7,(#/("6+&5'%&!"'-*+&0(&X^8qqq&gF&2%&5'%&=.')(&0(&XV&gFQ&0',&
0(;-%" & -15(' & 7%F%#+3 & -15(' & (7(#*(-.,3 & ;4"+ & "1 & /.5 & '/(' & #1".2*%"6( & 0();,( & -15(' & %"/%F%@%-+3& 1,(#$('&".')*,+&"1&-(&;(,#(;(3&"1&-(&'10(3&#'&2%&#15&":',&(L%)*'8
$%;(,7%F%#+&:&0.5("%1-&#'1F(-.,&*1*1,.,&7(".5("(-.,3&-1#,1,%-.,&2%&7%%"6(-.,&/%F%@%-(&;( C(&'%#%&*,'?(5&#."#-1F%'&#+&)1"*(5&)#+-0'6%&0%"&*.'*(&;+,6%-(&0(&/%@,'6%%&:&1"(-(&*,'")5%)(&;,%"&
;+54"*8 '(,3 &'-*(-( &*,'")5%)( & ;,%"&(*(, &: & 0(&#',( &!")+& "1 &'/(5&#1".2*%"6+3 & ;("*,1 & #+& "1& 0(6%"(5&.,?'"(&
a,%&0(&#4*(&.,%&.&;,.@-(5+&()*(&#.5;-(L+&;,%"&"'*1,'&(%3&)(&#'0(&)+&)(&/%"+&#1&(L(5;-(&#4*&5'%& ;.*,%/%*(&,(#(;6%."+,%%&-.,8
"15(,.')(8&R'*+&1"&',$%*(#*&0(#%)&)+&;,.%(#*(F(&.&#')+8&I#()*&.5&"1&/'&!"?,+5+0%&5'*(,%'-&;()*(& I2'&0(&(L(5;-1&(-(#*,%#%*'*('&:&'-(&#+,(%&1"0(&)(&*,'")5%*&;,%"&(*(,&:&',(&0(&-'&<8qd^8qqq&;4"+&-'&
5'*(,%'-3&7+,+&"%#%&.&.,0%"(3&7+,+&"(#()%*'*(&2%&!"&#'"*%*+6%&0(&;,%).)8&U'%&!"*4%&)(&7.-.)(2*(&0(&?4"0%,('& X\8qqq&5%-%.'"(&/%@,'6%%&;(&)(#1"0+8&o-1%01-&(-(#*,%#&#(&)(&)#1,?(&;(&7%,(-(&(-(#*,%#(&"1&()*(&/+F1*&0(&
2%&%5'?%"'6%'&)'8&!2%&#,.%(2*(&!"&5%"*(&.&7.,5+&0(&#')+3&#1&.&'"15%*+&0%)*,%@16%(3&#1&1"&'"15%*&');(#*& .#$%1-&".)*,13&;("*,1&#+&/%@,'6%%-(&)'-(&'1&.&7,(#/("6+&7.',*(&5',(8&C',&%5(0%'*&#(&#1,("*1-&(-(#*,%#&
2%&0%5(")%1"%8&C1;+&'#(('&'2*(,"(&;(&$4,*%(&#(('&#(&#,.%)(&5("*'-3&2%&!"#(*1-&#1&!"#(*1-3&1,5+,%"01:2%& !"*45;%"+&.&,(F%)*("6+&!"&0,151-&)+1&:&1"&7%-'5("*&0(&@(#&(-(#*,%#&:&"15+,1-&/%@,'6%%-.,&;,%"&(*(,&
%5'?%"'6%'3&7'#(&;(&$4,*%(&1"&;-'"8&C1;+&'#()*&;-'"3&!"#(;(&#.")*,1#6%'&:&,('-%F',('&7%F%#+&'&1"(%& )#'0(&!"*,(&X\q&5%-%.'"(&2%&_^q&5%-%.'"(&0(&/%@,'6%%&;(&)(#1"0+3&7%-'5("*1-&0(/%"(&-15%".)&2%&.#$%1-&
#."#(;6%%8&H1&'-*(&#1/%"*(3&!"*4%&'&7.)*&.&#,('6%(&5("*'-+3&%0('-+3&';.%&'&1,5'*&,('-%F',('&(%&!"*,:.& ".)*,1&/(0(&-15%"'8
%5'?%"(3&!"*,:.&7.,5+&'2*(,"1*+&;(&$4,*%(3&!"*,:1"&;,.%(#*3&2%&!"&7%"(&:&,('-%F',('&(%&!"&-15('&7%F%#+3&#1& 94"+&!"&;,(F("*&)(&#1".)#&^X&#'*(?.,%%&0(&/%@,'6%%3&0%"&#',(&7'#&;',*(&1"0(-(&$(,*F%("(3&1"0(-(&
5'*(,%'-&7%F%#8&R0(('&';',6%"(&G15%%&0%/%"(Q&%5'?%"('3&;-'"1-3&';',6%"(&-15%%&')*,'-(Q&%',&#.")*,1#6%' "'"#r3&1"0(-(&L3&r&(*#8&C%"&'#()*('3&".%&"1&;(,#(;(5&0(#4*&.;*&#'*(?.,%%3&;,%"&1,5',(&'/(5&#1".2*%"6+&
7%F%#+&';',6%"(&-15%%&7%F%#(8 0(&;,('&;16%"8
H')'3&.;(,'&7%F%#+&()*(&*,(#+*.',(3&;%(,%*.',(8&T"&7.#3&1"&#1*,(51,&.&;.'*(&,'0(&0(&;(&)1;,'7'6'& K+&;,()1;1"(5&#+&"(,/1-&.;*%#&":',&0%);1"(&0(&)(")%@%-%*'*('&0.@4"0%*+&;4"+&!"&;,(F("*Q&0()%?1,&
;+54"*1-1%8&9,.%(#*1-&'2*(,"1*&;(&$4,*%(&)(&;.'*(&0%)*,1?(&2%&(-3&0',&',$%*(#*1-&',(&!"&5%"*(&%5'?%"('& ":'5&'/('& "%#%& .&#1".2*%"6+&0(& -15%"'&).',(-1%3&'*5.)7(,'&0%"&=1,1- &".)*,1 &7%%"0&!"*1"(#'*+8& K+&
#')(%3 & #',( & "1 & )( & /' & 0%)*,1?( & "%#%.0'*+8 & a51- & 7%F%#3 & ;(,)."'-%*'*(' & #,('*.',( & /' & ;%(,% & 2% & ('3 & 0',& ;,()1;1"(5&'#15&#+&"(,/1-&.#$%1-1%&',&7%&%5;,()%."'@%-&0(&1"0(-(&(-(#*,%#(Q&!"&'#()*&#'F&".%&'5&
%5'?%"('3&#,('6%'&)'&5("*'-+3&/'&01,'&!"&/(#%%&/(#%-.,&!"&-15('&%"/%F%@%-+3&1"0(&):'&%5;,%5'*&#'&;( /(0('&*.*1-&!"&=1,1-&".)*,13&?,'6%(&-15%"%%&(5%)(&0(&(-(#*,."%%&#',(&"(&!"#."=.',+&0%"&*.'*(&;+,6%-(8&
.&;-'#+&7.*.?,'7%#+8 I)*7(-&":',&5'%&7%&;("*,1&".%3&"%#%&".';*(3&"%#%&F%3&#%&.&-15%"+&#."*%"1+3&'*4*'&/,(5(&#4*&(-(#*,."%%&/.,&
!"*,:'0(/+,3&1"%/(,)1-&()*(&;-%"&0(&.&)15+&0(&5'*(,%%&(L*,'(*(,'*(3&"15%*(&;81%5(O9 &I#()*(&7-1%0(& 7%&54"'6%&5(,(1&!"&/4,*(=1-&%"7%"%*&0(&,';%0&'-&5%2#+,%%&-.,&0(&,.*'6%(&2%&,(/.-16%(8
'13&;,%"*,(&'-*(&!")12%,%3&#'-%*'*('&0(&'&7%L'&;(&(-(&%5'?%"%-(3&%0(%-(&(5%)(&0(&.'5("%3&!"?(,%3&)1;,'!"?(,%& I/4"0&!"&/(0(,(&'#()*&;,%"#%;%13&!"6(-(?(5&7'#1-*'*('&/+F1-1%&2%&'1F1-1%&);%,%*1'-&'&1".,&;(,).'"(&
2%&'-*(&("*%*+6%&);%,%*1'-(8&H1&'-*(&#1/%"*(3&!"&);'6%%-(&%"7%"%*(&)(&?+)()# &',$%0(8(V& "'*1,%%3&1"0(&)(& "15%*(&#8',0+M+*2',(&)'1&81#%5(9
%5;,%5+&*.'*(&?4"01,%-(3&(/("%5("*(-(&2%&)("*%5("*(-(&.5("%,%%3&7%(&!"*,1;'*(3&7%(&0()*,1;'*(8 H1&*.67%&;,%5%5&/%@,'6%%&0%"&-15('&$%;(,7%F%#+3&0',&,+54"(5&"()%56%*.,%&-'&'#6%1"('&-.,3&0(.',(#(&
P.*&#(&(L%)*+&;(&;+54"*&:&'(,3&';+3&51"6%&2%&#45;%%3&7-.,'&2%&7'1"'3&*.*1-&',(&%"7-1("6+&')1;,'& #."2*%%"6'&".')*,+&"1&,+);1"0(&-'&%"7-1("6'&-.,3&"1&)()%F('F+&).)%,('&-.,8&H-',/+F+*.,%%3&-1#%F%%3&;,%5%"0&
.51-1%8&C',&!"&'7',+&0(&%"7-1("6(-(&-15%%&/%F%@%-(3&')1;,'&7%(#+,1%'&0%"&".%&)(&(L(,#%*+&%"7-1("6(&2%&5'%& '#()*(&/%@,'6%%3&-(&!"6(-(?3&#."2*%%"6'&-.,&%'&'#*&0(&;,(F("6'&-.,3&2%&(%&/+0&7(".5("(3&7%%"6(3&5'*(,%%&2%&
5',%3&2%&5'%&;1*(,"%#(&:&%"7-1("6(-(&-15%-.,&%"/%F%@%-(8&J.%&)1"*(53&-'&1"&5.5("*&0'*3&,(F1-*'*1-& 7.,6(&-'&'&#+,.,&0()#,%(,(&,+54"(5&;(&?4"01,%8
%"7-1("6(%&5(0%1-1%&/%F%@%-&2%&%"/%F%@%-&')1;,'&".')*,+3&2%&'-&51"#%%&0(;1)(&0(&);%,%*&:&)*+;4"1- S/%0("*&#+&2%&!"*,(&-1#%F%&(L%)*+&0%7(,%*(&?,'0(A&1"%%&/+0&@%"%2.,3&'-6%%&@%"(&2%&'-6%%&7.',*(&@%"(3&-'&7(-&
#' &!" & #'F1-& /+F1-1% & 7%F%# &#.51"8& 9("*,1& '#(2*%& .'5("%3 &/(0(,('& !"& -15(' & %"/%F%@%-+& ()*(& 1" & '#*&
*,1;1-1%&:&;.*,%/%*&(/.-16%(%&)'-(8 %"/.-1"*',&:&;,%/()#&2%&/+08&S%&;.*&/(0('&2%&#1&.#$%%&0()#$%2%&2%&#1&.#$%%&!"#$%2%3&#(('&#(&0(".*+&.&
K+&"1&#,(0(5&#+&2*%5&*.*&#(&"(&!"#."=.',+8&H$%',&!"&-15('&7%F%#+&:&*'"?%@%-+3&/%F%@%-+&2%&#(,#(*'*+& %"0(;("0("6+&!"*,(&/(0(,('&7%F%#+&2%&#('&);%,%*1'-+8&S%&/+0&#',*('&;(&#',(&.&'1&!"&54"+3&0',&!"&=1,1-&(%3&
#1 & )%561,%-( & ".')*,( & : & )( & ;(*,(#& . &51-6%5(& 0(&7(".5("(& 0(& #',(& ,+54"(5& "(2*%1*.,%3& ;("*,1& #+& ;,%"&('&2%&0%"#.-.&0(&('&/+0&-15('&%"/%F%@%-+8
)%561,%-(&".')*,(&5+,?%"%*(&"1&"%&-(&7'#&#1".)#1*(8&C(&(L(5;-13&)(&'7-+&!"'%"*('&".')*,+&.&)*'*1%(8& R"&'#(')*+&-15(3&-15%".')+&;,%"&('&!")+2%3&;,%"&#',(&#%,#1-+&/'-1,%&0(&5'*(,%%&)1@*%-(3&)(&/(0(&.&
T"0(-(&-15%".')(&#+F1*(&;(&'#(')*+&7.,5+&)(&,(7-(#*+&2%&/%"&-'&.#$%%&".2*,%3&0(&1"0(&)1"*&*,'")5%)(&-'& 5%2#',(&0(.)(@%*&0(&,';%0+&!"&*.'*(&0%,(#6%%-(8&9,%"&1,5',(&-15('&%"/%F%@%-+&()*(&2%&('&5'*(,%'-+3&
#("*,'-&/+F1-1%&'7-'*&;(&#.,*(L3&0(&'%#%&-'&)17-(*3&2%&;,%"&%"*(,5(0%1-&)17-(*1-1%&#."2*%%"6'&".')*,+3& '"%5'*+&0(&"15(,.')(&7.,6(3&0()7+21,'*(&#."7.,5&1".,&'"15%*(&-(?%8&I#()*(&5'*(,%%&)1"*&0(&0%7(,%*(&
);%,%*1-3&*,'01#(&'#()*(&/%@,'6%%&!"&#1-.',(&2%&7.,5+8 0(")%*+6%3&7.,5'*(&7%(#',(&0%"&;',*%#1-(&(*(,%#(&0(&'"15%*(&0%5(")%1"%&2%&#.")*%*16%%3&5'*(,%%&0%);1)(&
C',&.',(&#1".'2*(5&".%&*.*1-&0();,(&'#(')*+&-15%"+D&J13&2%&%'*+&0(&#(8&K(&2*%(&#+&-15%"'&#(& 1"(-(&0(')1;,'&'-*.,'3&#."7.,5&7%"(6%%&-.,3&0',&!"&'#(-'2%&*%5;&;+*,1"F4"01:)(&,4"0&;(&,4"03&#(-(&5'%&
)#'-0+&#1&/%@,'6%%-(&(%&)1;,'7'6'&;+54"*1-1%3&/%"(&0(&-'&).',(8&C'#+&7'#(5&)+&*,('#+&;,%"*,:.&;,%)5+&.& 7%"(&;(&#(-(&5'%&?,.).-'"(3&)'1&#1&;',*%#1-(&5'%&5',%8&[.5&0()#,%(&'#()*(&5'*(,%%&0%);1)(&!"&F."(&
,'F+&0(&-15%"+3&/.5&/(0('&#+&('&)(&0()#.5;1"(&!"&5'%&51-*(&742%%&#.-.,'*(3&#',(&!"*4-"%"0&1"&(#,'"3& 0%7(,%*(3&1"(-(&0(')1;,'&'-*.,'3&!"&0(#1,)1-&#';%*.-(-.,&1,5+*.',(8
"(&0'1&);(#*,1-&).-',3&#.5;1)&0%"&2';*(&#1-.,%A&,.213&;.,*.#'-%13&?'-@("3&/(,0(3&'-@')*,13&%"0%?.&2%&
/%.-(*8&J.%&'*4*&/(0(5&#1&.#$%%8&H1&*.'*(&'#()*('3&'0(/+,1-&()*(&#+&742%'&0(&-15%"+&5'%&0+&"'2*(,(3& $ $ $

*,(#4"0&;,1/;,%)5+3&2%&'-*.,&#1-.,%3&1"(-(&!"'%"*('&,.21-1%&:&%"7,',.213&2%&'-*(-(&0%"#.-.&0(&/%.-(*&:&
1-*,'/%.-(*8&!"*,:'0(/+,3&0'#+&;1"(5&.&-("*%-+&!"&0,(;*1-&);'6%1-1%&?.-&0%"'%"*('&,.21-1%&2%&'2(F+5&!"& R"&;(,(?,%"',('&-1%&;(&#'-('&(/.-16%(%3&*%5;&0(&5%%&2%&5%-%.'"(&0(&'"%3&.51-&'@%'&'&'=1")&)+:2%&
7.#',1-&'#()*(%&-("*%-(&.&@1#'*+&0(&7.)7.,3&/.5&/(0('&#+&7.)7.,1-&)(&';,%"0(3&0(.',(#(&,'F(-(&.@)#1,(3& 0(F/.-*(&%"*(-%?("6'8&N,'6%(&'#()*(%&%"*(-%?("6(3&(-&7'#(&'F%&0()#.;(,%,%&0%"&#(&!"&#(&5'%&"15(,.')(&2%&
%"/%F%@%-(&.#$%1-1%&".)*,13&*,(#4"0&;,%"&-("*%-+3&):'1&#."#("*,'*3&):'1&5'"%7()*'*&)1@&7.,5+&0(&#+-01,+3& 5'%& 1%5%*.',(8&C1;+&)#1,?(,('& '&5%% &2%&5%% &0(&'"%&2%&/('#1,%3&.51-& /'&0(/("%& 5'%& @1"& 2%& 5'%&
';,%"F4"0&7.)7.,1-8&9,%"&1,5',(3&!"'%"*('&,.21-1%&(L%)*+&1"0(&/%@,'*.,%%&;,.01#+*.',( !"6(-(;*3&%1@%"0&*.*&#(('&#(:<&!"#."=.',+8&!"&7%"(3&#4"0&(/.-16%'&.5("(')#+&/'&7%&);,(&)74,2%*3&;(&-4"?+&
0(&#+-01,+8 .&!"'-*+&%"*(-%?("6+&2%&.&@1"+*'*(&!"?(,(')#+3&.51-&/'&0.@4"0%&;1*(,%&0(.)(@%*(3&7.,6(&0%/%"(8&I*1"#%&
C'#+&;1"(5&-'&7%"(-(&);(#*,1-1%&1"&;','/'"&2%&'-+*1,%&0(&(-&.&;-'#+&1")+&#1&.&).-16%(&0(&#%'"1,+& )(&/'&*(,5%"'&(/.-16%'&.5("%,%%&;(&'#(')*+&;-'"(*+8&U')'&15'"%*+6%%&!"'%"*'*+&')*7(-3&,%0%#'*+&;4"+&-'&
0(&;.*')%13&/.5&/(0('&#15&'#(')*+&;-'#+&)(&/'&-15%"'&)1@&'#6%1"('&,'F(-.,&1-*,'/%.-(*(8 *(,5("1-&7%"'-&'-&(L%)*("6(%&)'-(&*(,()*,(3&/'&*,(#(&;(&1"&'-*&#.,;&#(,()#3&;("*,1&':2%&#."*%"1'&0,151-&
(/.-1*%/&%"7%"%*3&%',&#(%&!"';.%'6%3&!"*4,F%'6%%3&/.,&7%&*,(#16%&;,%"&!"*,1;+,%3&;(&1"&'-*&?-.@3&0(&'#(('2%&
"'*1,+&#1&9+54"*1-3&#'&)+:2%&#."*%"1(&0,151-&"(*(,5%"'*8
H.")*'*+5&#+&(/.-16%'&.51-1%&"(#()%*+&51-*(&)(#.-(3&2%&*.*12%&7%(#',(&0%"*,(&".%&;.'*(&?,+@%&)'1&
Z&o-1%01-&()*(&.&5'*(,%(&7.,5'*+&0%"&;',*%#1-(&%"7%"%*&0(&5%#%3&0(&"'*1,+&(-(#*,%#+&)'1&5'?"(*%#+8&I#()*(&;',*%#1-(&.7(,+&1"&)1;.,*&
)#1,*'&01,'*'&'#()*(%&(/.-16%%8&I#(')*'&;,()1;1"(&.&5(*.0+&);(#%'-+3&.&$.*+,4,(&"()*,+51*'*+3&)'#,%7%#%%&
("(,?(*%#&;("*,1&%"7.,5'6%%&5("*'-(&2%&)("*%5("*'-(&.,?'"%F'*(&!"&0%/(,2%&'-?.,%*5%8&R" &71"#6%(&0(&?,'01-&(/.-1*%/&'-&/%@,'6%%-.,&2%& 5',%3&'0%#+&/%'6'&)7%"6%-.,3&'&5',%-.,&5%)*%#%&)'1&'&r.?$%"%-.,8&9,%"&'-%5("*'6%(&2%&5(0%*'6%(3&;,%"&
'-?.,%*5%-.,&#',(&'"%5+&'#()*(&;',*%#1-(3&(L%)*+&.&)#',+&%"7%"%*+&0(&#'-%*+6%&'-(&7-1%0(-.,3&0(&-'&#(-(&%"7(,%.',(3&#(&!").6()#&;%(*,(-(3&;4"+& ,(*,'?(,('&0(;',*(&0(&/4-*.',('&-15%%3&;,%"&)7%"6("%'3&%1@%,('&2%&=(,*7'&5'"%7()*'*+&;("*,1&*.*&#(&'&#,('*&
-'&#(-(&)1;(,%.',(3&#',(&%"*,+&!"&#.")*%*16%'&C%/%"%*+6%%8 P'*+-&2%&;,%"&,1?+#%1"%-(&-.,&"()74,2%*(3&'#(2*%&.'5("%&'=1"?&)+:2%&'#*%/(F(&);%,%*1-3&0(F/.-*+&7.,6(-(
V
&I,$%/'&I]'2+&`)'")#,8&:&(*(,3&7-1%0b&:&H,."%#'&)'1&5(5.,%'&);%,%*1'-+&;(,5'"("*+&'&*1*1,.,&/%@,'6%%-.,&0%"&1"%/(,)8
#$$
>%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&C,%7'&#',*( UY
UX
-'*("*(&')#1")(&!"&'04"#1-&-.,3&)(&%-15%"('F+&2%&0.@4"0()#&;1*(,%&0%/%"(&2%&#1".2*%"6(&%?".,'*(&0(& H.,;1-&7%F%#&'-&.51-1%
.5("%,(8&C%"&,4"01-&'#()*.,&.'5("%&%(2('1&)'/'"6%%&0(&'-*+0'*+3&!"*(5(%(*.,%%&1"(%&2*%%"6(&/')*(3&0%"&
#',(&):'&.7(,%*&.5("%,%%&"15'%&'*4*&#4*&;1*('&;,%#(;(&2%&'/('&"(/.%(&;("*,1&'/'")',('&(%8
p%(*1-&)'/'"*&0(&'F%&)(&)*,+01%(2*(&)+&2*%(&#(&()*(&(*(,1-3&#15&()*(&#.")*%*1%*&'*.51-8&K(&F@'*(&!"&
%;.*(F(&')1;,'&/%(6%%3&'&#.")*%*16%(%&-1%3&0',&"1&/'&#1".'2*(&*'%"(-(&/%(6%%&0(#4*&!"&F%1'&!"&#',(&!2%&/'&
%-15%"'&7%%"6'&;,%"*,:.&/%'6+&5.,'-+3&#.,(#*+3&#."7.,5+&-(?%-.,&0%/%"(&:&0(&@-4"0(6(&2%&%1@%,(&;("*,1&*.*& H.,;1-&7%F%#&)(,/(2*(&);%,%*1-1%&0,(;*&%")*,15("*&;,%"&#',(&.@)(,/+3&!"/'6+&2%&)(&5'"%7()*+&!"&
#(&(L%)*+&!"&=1,1-&)+18&J15'%&'*1"#%&);%,%*1-&)+1&/'&-1#,'&;1*(,"%#&;,%"&#1%,')'3&;,%"&!"/(-%21-&)+1& -15('&7%F%#+8&I#()*&#.,;&()*(&7.,5'*&0%"&5'*(,%(&7%F%#+&'7-'*+&)1@&;'*,1&)*+,%&0%)*%"#*(&1"(-(&0(&'-*(-(Q&
*,1;()#3&2%&/'&/(0('&#1&.#$%%&);%,%*1-1%&'*.51-&5',(&#4*&,.'*'&;-1?1-1%3&!%&/'&/(0('&#.")*%*16%'3&/'& )28%5+/&8%#$%5+/&-'M2')+&2%&(*(,%#+&)'1&,'5%'"*+9&C%"*,(&'#()*(&;'*,1&)*+,%&'-(&5'*(,%(%&7%F%#(3&*,(%&)1"*&
!"6(-(?(&/%'6'&2%&(/.-16%'&(%8&J15'%&'*1"#%&#4"0&*,1;1-&)+13&#4"0&)%)*(51-&)+1&#(,(@,'-&/'&'=1"?(&)+& /%F%@%-(3&*'"?%@%-(&2%&'"'-%F'@%-(3&%',&'&;'*,'&:&#('&(*(,%#+&:&()*(&%"/%F%@%-+3&%5;.)%@%-&0(&#';*'*&2%&
/%@,(F(&#'&2%&'*.51-3&)'/'"*1-&5.0(,"&/'&'=1"?(&)+&#1".')#+&5'%&51-*8&I*1"#%&"1&/'&5'%&(L%)*'& '"'-%F'*&!"&-'@.,'*.',(-(&'#*1'-(8&C%"&'#(')*+&#'1F+&)1"*(5&"(/.%6%&)+&0%)*%"?(53&!"&#.,;1-&".)*,1&
;("*,1&(-&"%#%&1"&5%)*(,&;,%/%*.,&-'&'*.58&['&#1".'2*(&,4"0&;(&,4"0&*.'*(&5'*(,%%-(&%"/%F%@%-(3&*.'*(& 7%F%#3&0.1+&;+,6%A&*,1418O&2%&#2,418&(*(,%#9
7.,6(-(&#(&-1#,('F+&')1;,'&-.,&2%&*.'*(&#'1F(-(&7(".5("(-.,&;(*,(#1*(&!"&"'*1,+8
c(01#4"0&*.*1-&-'&5'*(,%'&7%F%#+&2%&-'&-(?%-(&#(&.&)*+;4"()#3&)'/'"*1-&0(&'F%&"1&;.'*(3&*.#5'%&
0'*.,%*+&'#()*1%&5'*(,%'-%)5&7(,.#(3&)+&)(&!"'-6(&!"&)7(,(&5'%&!"'-*(3&)+&#1".')#+&5'*(,%%3&-(?%3&7.,6(&2%&
7%%"6(&5'%&)1@*%-(3&0(#4*&#(-(&#1".)#1*(&!"&=1,1-&)+1&0%"&#.;%-+,%(8 P,1;1-
!"&'"*%#$%*'*(3&#(%&0.*'6%&#1&%"*(-%?("6+3&#(%&;,(?+*%6%&0(&"'*1,+3&)(&;1"('1&)1@&#."01#(,('&1"1%&
5',(&;,(.*3&)74"*&!"&#."01%*'&-1%&2%&/(,)'*&!"&#1".2*%"6(&.#1-*(&2%&'-(&"'*1,%%8&I#()*'3&*%5;&0(&Vq:Xq&0(& P,1;1-&()*(&;',*('&#('&5'%&01,+&'&#.,;1-1%&".)*,1&7%F%#3&7%%"0&!"/(-%*.',('&(L*(,%.',+&'&7%%"6(%&
'"%3&!%&;./+61%'&;(&0%)#%;.-%3&-(&0()#,%'&2%&',+*'&(L;(,%5("*'-&*.*&#(('&#(&)(&,(7(,+&-'&.5&2%&"'*1,+3&!"& ".')*,(&,('-(3&'&("*%*+6%%&);%,%*1'-(V8&o.,5'*&0%"*,:1"&#.5;-(L&0(&#(-1-(&.,4"01%*(&!"&.,?'"(3&,(1"%*(&
*.*&'#()*&*%5;&0%)#%;.-%%3&(,'1&6%"16%&!"&-.#1,%&,(*,')(3&!"&;-%"+&"'*1,+3&7(,%6%&0(&%"7-1("6(-(&-15%%3&0(& !"&)%)*(5(3&?,1;'*(&-'&,4"01-&-.,&!"&0%7(,%*(&';','*(X3&*,1;1-&0()7+2.',+&0%/(,)(&71"#6%%&@%.-.?%#(8
?4"01,%-(&(%&=.)"%#(3&0(&;.,"%,%-(&(%&;+*%5'2(3&0(&%"7-1("6(-(&(%&5'?"(*%#(8&K.5"1-3&'-%5("*'6%'3&@+%-(& o%(#',(&#(-1-+&()*(&'-#+*1%*+&0%"&5.-(#1-(&2%&'#()*('&0%"&'*.5%8&I*.51-&)(&#.5;.,*+&!"&-15('&
2%&(L(,#%6%%-(&7%F%#(3&'"*,("'5("*(-(&5("*'-(&2%&,1?+#%1"%-(3&*.'*(&(,'1&,(;,(F("*'*(&2%&(L(#1*'*(&#1& 7%F%#+&;,(#15&.&7%%"6+&/%(3&7%%"0&#';'@%-&)+&01#+&.&/%'6+&%"0(;("0("*+8&H'&.,%#(&7%%"6+3&'*.51-&',(&.&
)#,1;1-.F%*'*(8&I"&0(&'"3&)(&0(F/.-*'&!"&(%&/(0(,('&!"&-15('&%"/%F%@%-+&2%&'1F1-&!"&-15('&*+#(,%%3 #."2*%%"6+ & ;,.;,%(3 & (L*,(5 & 0( & ,(01)+3 & 0', & "1 & 5'% & ;16%" & ,('-+Q & 7.,5+ & 0( & #."2*%%"6+ & ;( & #',( & ".%3&
'&#(-.,&7+,+&?-')8 ;+54"*("%%3&"1&.&;1*(5&';,(#%'8
H4"0&0%)#%;.-1-&0.@4"0('&'#()*(&0.1+&%")*,15("*(&0(&#(,#(*',(&'&"'*1,%%3&0%"#.-.&0(&5'*(,%'& 94"+&'F%&):'1&0()#.;(,%*&sV&0(&#'*(?.,%%&0(&'*.5%3&#.")*%*1%"0 &(8(7("*(8(&#$%7%#(X& '-(&-15%%&
*'"?%@%-+&2%&'"'-%F'@%-+3&5',(-(&?1,13&%"%6%'*&)'1&;,(.*3&!"#(;('&)+:%&0()#,%(&-15('&7%F%#+&2%&-15('& 7%F%#(8&H15&*.'*(&.,?'"(-(3&*.'*+&5'*(,%'&?'F.')+3&-%#$%0+&)'1&).-%0+&'&*,1;1-1%&".)*,13&)1"*&7.,5'*(&
$%;(,7%F%#+8&!%&7+#('&#1".)#1*+&5'*(5'*%#'3&@%.-.?%'3&#$%5%'&2%&'2'3&,4"0&;(&,4"03&*.*&#(&!"#."=.',+&;(& 0%"&').#%(,('&'#()*.,&(-(5("*(&#$%5%#(3&*,1;1-&):'&5'%&"15%*&2%&#.,;&#$%5%#8
.53&"'*1,'&!"*,('?+8&a&0'*+&%"*,'*&!"&)*+;4"%,('&-.,3&*,(#('&-'&)*10%1-&7.,6(-.,&2%&5'*(,%%-.,&)1;(,7%F%#(3&'&
5'*(,%%-.,&(*(,%7.,5(3&'&7%%"6(-.,&%"/%F%@%-(&.#$%-.,&7%F%#%8&H4"0&:&01;+&'"%&0(&F%-(&:&!2%&!")12('&!"*,(?&
'#()*&0.5("%13&*,(#('&-'&#1".'2*(,('&.,%?%"%%&2%&'&#,('6%(%&1"%/(,)1,%-.,3&'&/%(6%%&2%&'&*1*1,., <
9(&;',#1,)1-&!"*,(?%%&-1#,+,%&/.5&7.-.)%&*(,5("1-&0(&*,14&!"&-.#&0(&#.,;&#',"'-&)'1&#.,;&0(&#'5(8
V
7%%"6(-.,8 S"*%*'*('&);%,%*1'-+3&);%,%*1-&)'1&01$1-&()*(&7.,5'*&0%"&)#4"*(%'&0%/%"+&!"/(-%*+&0(&;(,%);%,%*&)'1&!"/(-%21,%-(&7-1%0%#(&;,%"&#',(
)#4"*(%'&0%/%"+&(/.-1('F+&!"&#,('6%(8
C1;+&'#(('&!2%&!"#$(%'&#',%(,'&0(&0%)#%;.-&#1&'7-',('&#(-.,&5'%&!"'-*(&#1".2*%"6(&!"?+01%*(&1"1% H'@'-'&!5;',*(&.51-&!"&*,(%&;+,6%&71"0'5("*'-(A
51,%*.,&:&".6%1"%&,(7(,%*.',(&-'&H,('*.,1-&-15%-.,&2%&'*,%@1*(-(&K'-(8 <8J(7(2&:&#.,;1-&(*(,%#&)'1&;,%"#%;%1-&/%(6%%&#(&)*+&R'&@'F'&#.,;1-1%&7%F%#&2%&'-&(L%)*("6(%&#."#,(*(8&J(7(2&()*(&7.,6'&#',(&
#."*,%@1%(&-'&#.")*,1%,('&*,1;1-1%8&H'@'-'&"(&);1"(&#+&"(7(2&)(&%"*,.01#(&!"&)+54"6'&@+,@'*1-1%&#4"0&)(&1"(2*(&#1&).6%'&)'8&
C%"&F%1'&#4"0&'&,(12%*&)+:2%&!"7,4"(F(&)%561,%-(&2%&0.,%"6(-(3&)+:2%&.,0."(F(&?4"01,%-(3&)+&,();%"?+& C1;+&#(&.51-3&01$1-3&'&;+,+)%*&-15('&*(,()*,+3&"(7(2&!"#."=.',+&5.,54"*1-&)+1Q
%"7-1("6(-(&)(5("%-.,&)+%3&(-&%(2('&!"&-15(3&;+2(':!"&5%=-.#1-&.5("%,%%3&0(/("('&-'&,4"01-&)+1&.&5',( V8c1'$&:&)17-13&/%'6+3&)17-(*1-&7.,5'*&0%"&#.,;1-&0.,%"6(-.,&2%&5("*'-1-&#."#,(*3&()*(&1"&5(0%'*.,&!"*,(&"(7(2&2%&"(2'5'$8&
c1'$&"1&()*(&'*4*&0(&)(")%@%-&-'&%"7-1("6(-(&-15%%&(L*(,%.',(&#'&2%&"(7(2&2%&#1;,%"0(&;(,)."'-%*'*('&)'1&(?.:1-8&9-1*%"0&!"*,(&
-15%"+&);%,%*1'-+8 '#*%/&2%&;')%/3&!"*,(&%"*(,%.,&2%&(L*(,%.,3&,1'$&,(;,(F%"*+&-(?+*1,'&0%"*,(&);%,%*&2%&5'*(,%(3&1"%"0&!"&.5&-15('&%"*(,"+&#1&#('&
C(&'#15&!"'%"*(3&#1".)#+*.,&'&#(('&#(&(L%)*+&;(&;+54"*&2%&!"&H(,1,%3&(-&;.'*(&)+:2%&-')(&*,1;1-&;(& (L*(,"+Q
X8J(2'5'$&:&B',@.,(-(&/%(6%%E3&()*(&);%,%*1-&#(&#1;,%"0(&/.%"6'3&%"*(-%?("6'&2%&5(5.,%'8&S)*(&!"&-(?+*1,+&#1&C%/%"%*'*('3&')*7(-&
;'*3&-'&15@,'&1"1%&#.;'#3&!"*,:1"&-.#&,(*,')3&%',&!5;,(1"+&#1&.&;',*(&0%"&)17-(*1-&)+1&)+&%')+&2%&)+&)(& #+&,1'$&2%&"(7(2&'=1"?&-'&K1,)'&0%/%"+&;,%"&"(2'5'$8&9+*,1"F4"0&!"&"(2'5'$3&C%/%"%*'*('&!%&0+&/%'6+&-1%&,1'$&2%&"(7(28
!"0(;+,*(F(&0(&*,1;3&)+&)(&,%0%#(&!"&);'6%13&#'&1"&".,&"(/+F1*3&2%&'#.-.&)+&/'0+3&)+&#(,#(*(F(3&)+&'10+&2%& J(7(2&2%&"(2'5'$&)1"*&()("6(&0%7(,%*(&:&#'&1-(%1-&2%&';'&:&!"*,(&#',(&"1&;.'*(&(L%)*'&.&#."(L%1"(&0%,(#*+8&C%"&'#()*&5.*%/&()*( &
"(/.%(&0(&1"&5(0%'*.,3&0(&,1'$3&#',(&-(&1"(2*(8&J(7(23&,1'$&2%&"(2'5'$&"1&)1"*&#.5;-(*&0%)*%"#*(&2%&)(;','*(&#%&)(&%"*(,7(,('F+&
)+&;,%5(')#+&)7'*1,%-(&5',%-.,&G15%"%&);%,%*1'-(3&!"'-*(-(&("*%*+6%&);%,%*1'-(&0%,%?1%*.',(&'-(&(/.-16%(%& ')(5("('&#1-.,%-.,&);(#*,1-1%3&#',(&0(2%&)1"*&)1##()%/(&)(&*.;()#&1"'&!"&'-*'8&C1;+&5.',*('&@%.-.?%#+3&"(7(23&5'$&2%&"(2'5'$&)(&)(;',+&
-1#,1,%-.,&2%&7%%"6(-.,&0(&;(&;-'"(*'&".')*,+8 0(&*,1;&2%&)(&!"'-6+&7%(#',(&!"&)7(,'&0(&1"0(&'1&/("%*8
!"&'#(')*+&7'F+3&%"%6%'*1-&;.)(0+&;1*(,%&0(.)(@%*(Q&;.'*(&7'#(&#(('&#(&.51-&"15(2*(&B5%"1"%E<8&S-& !"&-.#&)+:2%&%'&("(,?%'&0%"&H(,3&*,+%"0&!"&C%/%"%*'*(&2%&;,%5%"0&0(&-'&S'&!"&5.0&#.")*'"*&);%,%*1'-%*'*('&0(&#',(&',(&"(/.%(3&.51-&!2%&
!"0,(';*+&'*("6%'&5'%&51-*&);,(&;+54"*3&);,(&-15('&*(,()*,+3&)(&'71"0+&*.*&5'%&51-*&!"&0,'?.)*('&0(&)%"(&2%&!"&)("F1'-%*'*(3&'@).,@%"0&
)(&,%0%#+&!"&'(,3&5(,?(&;(&)1;,'7'6'&';(%3&)*+&!"&5%=-.#1-&7-+#+,%-.,3&)(&7'#(&%"/%F%@%-3&/%"0(#+&@.-%&2%& ("(,?%(&0%"&)17-(*1-&;+54"*1-1%8&H'&1,5',(&5'$&):'&!"0(;+,*'*&0(&"(2'5'$&2%&):'&,%0%#'*&0(')1;,'&'#()*1%'3&;,(-14"0&?1/(,"',('&7%%"6(%&
7'#(&.&)(,%(&"()74,2%*+&0(&7';*(3&;("*,1&#+&2*%(&)+&54"1%')#+&*.'*(&5'*(,%%-(3&#1".'2*(&)(#,(*1-&-(?%-.,& 15'"(8&9,%"&%"/.-16%(3&;',*('&%"7(,%.',+&'&-1%&"(7(23&7%%"0&%"%6%'-&1"&#.,;&0(&817%"+/&'&0(/("%*&1"&*5;&!5@,+#'*&!"&4%(8(9&!"&'#()*&7(-&
.51-&'&7.)*&0()#.5;1)&!"&#(-(&*,(%&;+,6%&71"0'5("*'-(&'-(&'-#+*1%,%%&)'-(&:&);%,%*3&)17-(*&2%&*5;8
#(&-(&?1/(,"('F+3&,('-%F4"0&:&')(5("('&1"1%&5%#&#,('*.,&:&.,%#(&0.,(2*(8&['%&-1%&0'#+&.&/'&7'#(&0%"& X
a,?'"%)51-&15'"3&*,1;1-3&#1;,%"0(A
/'"%*'*(&)'1&!5;.*,%/'&)(5("%-.,&)+%M R8&I;','*1-&0(&)1)6%"(,(&2%&5%2#',(3&#.5;1)&0%"&)%)*(51-&.).)3&',*%#1-',&2%&51)#1-',Q
RR8 &I;','*1-&0(&*,'");.,*&'-&5'*(,%(%3&#1;,%"F4"0&)%)*(51-&#',0%./')#1-',&:&#1&,.-&0(&'&/($%#1-'&.L%?("1-&2%&)1@)*'"6(-(&
T"&')(5("('&.5&(,'&;,%/%*&:&#15&',&7%&;,%/%*&2%&'F%&:&#'&1"&)1;,'.53&,();(#*'*&0(&*.6%8&C(&-'&'#(2*%& "1*,%*%/(&);,(&6()1*1,%3&-14"0&0(&'#.-.&;,.01)(-(&0(&0(F')%5%-'6%(3&;("*,1&'&7%&(-%5%"'*(3&2%&)%)*(51-&"(,/.)&;(,%7(,%#&:&#1&,.-1-&0(&'&
%"%6%'6%&'1&,+5')&;4"+&!"&F%-(-(&0(&'F%&#(('&#(&)(&5'%&#1".'2*(3&#'&*,'0%6%(3&0();,(&-15('&)1;(,7%F%#+8 #."01#(&)*%51-%%&"(,/.2%Q
RRR8I;','*1-&0(&%5;.,*&'-&5'*(,%(%3&')%?1,4"03&;,%"&)%)*(51-&,();%,'*.,3&%"*,.01#(,('&!"&.,?'"%)5&'&.L%?("1-1%&:&,();%,'6%'3&%',&
;,%"&)%)*(51-&0%?()*%/3&%"*,.01#(,('&$,'"(%&:&"1*,%6%'Q
R[8I;','*1-&0(&(-%5%"',(&'-&5'*(,%(%3&7.,5'*&0%"&)%)*(51-&1,%"',&2%&?("%*'-Q Q
[88&I;','*1-&0(&#.,(-'6%(&'-&.,?'"%)51-1%3&#1&,.-1-&0(&'&1"%&!"*,:.&("*%*'*(&%"0%/%01'-+&#.5;."("*(-(&)'-(A
<8)%)*(51-&?,'"1.-',&)1@0%/%F'*&!"A&'b&)%)*(51-&$(5'*.;.%(*%#3&#(&,(7'#(&(-(5("*(-(&)'"?1%"(&2%&@b&)%)*(51-&
("0.#,%"3&#1&,.-&0(&'&;,.01#(&$.,5."%%3&5()'?(,%%&#$%5%#%&0(&-(?+*1,+&!"*,(&#.5;."("*(-(&.,?'"%)51-1%Q
V8)%)*(51-&"(,/.)&#("*,'-3&"15%*&)%)*(5&#(,(@,.);%"'-&)'1&"(/,'L3&7.,5'*&0%"&5+01/'&);%"+,%%&2%&("#(7'-3&'/4"0&,.-1-&
0(&'&#.5'"0'&!"*,('?'&.,?'"%F',(&%"0%/%01'-+3&!"*,(?%"0:.&#'&("*%*'*(&!"&5(0%1-&(L*(,"&2%&%"*(,"8
C1;+&H'@'-'3&.51-&,(;,(F%"*+&5.0(-1-&0(&'-#+*1%,(&'-&#.)5.)1-1%3&;,%"&;,%"#%;%%-(&#.")*%*1*%/(&%0("*%#(8&I)*7(-3&01;+&#15&;-'"(*(-(&)(&
<
&I"15%*(&7(".5("(&2%&'#*%/%*+6%&);%,%*1'-(&)1"*&!"&5.0&?,(2%*&0("15%*(&B5%"1"%E&)'1&B7(".5("(&;','".,5'-(E3&(-(&7%%"0&#4*&)(& ?5;('F+&!"*,(&(-(&;("*,1&'&7.,5'&)%)*(5(&).-',(3&.,?'"(-(&.51-1%&)(&?,1;('F+&!"&)%)*(5(3&'-#+*1%"0&';','*(3&#',(&?("(,('F+&71"#6%%&
;.'*(&0(&".,5'-(8&C'#+&!"&1,5+&#1&#4*(/'&)1*(&0(&'"%&%&):',&7%&;,(F("*'*&.51-1%&%5'?%"('&1"1%&*(-(/%F.,3&(-&',&7%&);1)&#+&()*(&/.,@'&0( & /',%'*(8&C1;+&#15&/%'6'&1"%/(,)1,%-.,&()*(&!"*,(6%"1*+&0(&#1,("6%&/%*'-%3&'-#+*1%6%&0%"*,:1"&"15+,&%"7%"%*&0(&7%%"6(&1-*,'5%#,.)#.;%#(3&#(&
)#'-0+ & ')*,(-( & 2% & ;-'"(*(-(3 & ,+);4"0%"0 & ;,%"#%;%1- & /%(6%%3 & /%'6' & .51-1% & ()*( & !"*,(6%"1*+ & 0( & #1,("*1- & )'"?1%"3 & 7.,5'* & 0%" & ?-.@1-(&
#(/'&;','".,5'-&2%&#1&*.'*(&'#()*('&*(-(/%F.,1-&()*(&'F%&7.',*(&".,5'-&#$%',&2%&;("*,1&#(%&5'%&"(2*%1*.,%&#.;%%8&U'%&;','".,5'-&()*(& ,(#(;*.',(&2%&;1,*+*.',(&0(&/%'6+3&#',(&)#'-0+&2%&,(?("(,('F+&.,?'"(-(3&'"*,("4"0&(-(5("*(-(&%"1*%-(8&R"&;,(F("*&)(&#1".)#&<qs&(-(5("*(&
7';*1-&#+&0(2%&)1"*(5&#,('6%&0(&P'*+-&2%&/%(61%5&!"&#,('6%'&K'3&"(&)1)*,'?(5&5(,(1&0(&':R&7%&,(#1".)#+*.,%&2%&0(&'&"(&#.")%0(,'&'0(/+,'6%%& #$%5%#(3&?5;'*(&!"&*'@(-1-&;(,%.0%#&'-&(-(5("*(-.,8
K+%&#.;%%8 ()*
>%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&:&C,%7'&#',*( ?2,418&;%M%#&'8&27181% U[
UZ
9("*,1&'&)(,/%&#4*&5'%&@%"(&);%,%*1-1%3&)1"*(5&#$(5'6%&)+&;,.#1,+5&*,1;1-1%&'-%5("*(&0%"&#(-(& o,1#*(-(&2%&-(?15(-(&)1"*&'-%5("*(&#',(&#."6%"&;,.;.,6%%-(&#(-(&5'%&,%0%#'*(&0(&5'*(,%%&"1*,%*%/(&2%&#('&
5'%&';,.;%'*(&0(&"'*1,+3&7+,+&)+&7%(&;,(-1#,'*(&;,%"*,:.&)(,%(&"()74,2%*+&0(&;,.#()(&7%F%#(&2%&#$%5%#(8& 5'%&)#+F1*+&;,.;.,6%(&0(&)1@)*'"6(&).-%0(8
I#()*(&'-%5("*(&*,(@1%(&)+&7.,5(F(3&;,%"&'@).,@6%(&2%&')%5%-',(3&1"&/($%#.-&)(")%@%-3&@1"&,(7-(#*.,&!"& U%(,('&0(&'-@%"(&()*(&!"#+&1"&'-%5("*&(L#(-("*&;("*,1&.,?'"%)58
(L*(,%.,&'-&/.%"6(%&);%,%*1-1%3&2%&@1"&,(#(;*.,&'-&%5;,()%%-.,&-15%%&7%F%#(&2%&')*,'-(8 H(%&#',(&'1&-1'*&#1".2*%"6+&0(&(L%)*("6'&-15%-.,&%"/%F%@%-(3&2*%1&#+&'"%5'-(-(&)1"*&7,'6%%&".2*,%&#(%&5'%&
9("*,1&#'&*,1;1-&)+&,+);1"0+&-'&%"*(,/("6%%-(&-15%%&')*,'-(&2%&)+&,(0('&7%0(-&2%&%"*(?,'-&5'"%7()*+,%-(& *%"(,%&2%&#+&);%,%*1-&-.,&/'&'"%5'3&!"&/('#1,%-(&/%%*.',(3&#.,;1,%&15'"(8&K(&#'0(&)+&"1&#$%"1%53&1#%0(&2%&
01$1-1%3&*,(@1%(&$,+"%*&#1&'-%5("*(&/(?(*'-(&2%&;,.01)(&-'#*'*(&!"&;,.;.,6%%&2%&)1@&7.,5(&#4*&5'%& 54"#'&;(&7,'6%%&".2*,%&5'%&5%#%3&#%3&0%5;.*,%/+3&)+:%&'=1*+5&!"&(L%)*("6'&-.,&*(,()*,+3&01;+&#15&2%&".%&
')%5%-'@%-(8&[.5&(/%*'&#',"('3&01-#%1,%-(3&@+1*1,%-(&'-#..-%#(3&*1*1"1-&2%&#'7('18&I#()*(&)1@)*'"6(3& )1"*(5 & '=1*'6% & 0( & 7%%"6( & )1;(,%.',( & ".1+3 & #' & )+ & "( & 1,5+5& 5'% & 12., & (/.-16%' & ;( & ;+54"*8 &91*(5&
%"*,.01)(&!"&#.,;1-&".)*,1&7%F%#3&!-&!"*1"(#+3&7+#4"01:<&"()%56%*.,&-'&/%@,'6%%-(&(*(,%#(3&/("%*(&0%"& #.")15'&;,.01)(-(&.@6%"1*(&0(&-'&'"%5'-(&:&-';*(-(&2%&;,(;','*(-(&-'#*'*(&`@,4"F'3&)54"*4"+3&1"*1-b&:&
-15('&%"/%F%@%-+&)'1&0(&-'&("*%*'*('&);%,%*1'-+&'7-'*+&!"&%"*(,%.,1-&)+13&0(/("%"0&')*7(-&1"&,+1&%"*(,;,(* ;("*,1&#+&'#()*('&)1"*&'-%5("*(&%0('-(3&"'*1,'&;1"4"0&!"&(-(3&!"*,:.&7.,5+&#4*&5'%&')%5%-'@%-+3&*.*&#(('&
'-&/.%"6(%&);%,%*1-1%8 #(&()*(&"(#()',&5%#%-.,&1,5'2%&'%&'#()*.,&/%(61%*.',(8&G';*(-(&)(&.@6%"(&;,%"&!")+2%&'#*1-&/%(6%%&-.,3&7+,+&
K(&%5;1"(&(-%5%"',('&'-%5("*(-.,&0(&.,%?%"(&'"%5'-+&0%"&/%'6'&".')*,+3&)'1&5+#',&#.")15',('& '&;,./.#'&'"%5'-(-.,&)17(,%"6(&7%F%#(&)'1&);%,%*1'-(8
-.,&!"&#'"*%*+6%&#4*&5'%&,(01)(8&S/%0("*&#+&!"&,(?%1"%-(&,(#%3&1"0(&/(?(*'6%'&()*(&7.',*(&)+,'#+3&)'1&!"& !"#.,;.,4"0&'-%5("*(&12.,&')%5%-'@%-(3&!"-()"%5&7.,5',('&!"&*,1;1-&".)*,1&0(&#(-1-(&".%3&#',(&-(&
F."(-(&#1&1"&,(?%5&#-%5'*(,%#&/',%'@%-3&!"&*%5;1-&%(,"%%&#4"0&/(?(*'6%'&0.',5(3&.51-&/'&7%&"(/.%*&)+& /.,&!"-.#1%&;(&#(-(&1F'*(3&?("(,4"0&!"&0(#1,)&0(&2';*(&'"%&.,?'"(&".%3&*.*'-&)#$%5@'*(3&#1&*.*1-&".%&
#.")15(&2%&'-%5("*(&0(&.,%?%"(&'"%5'-+8 7'6+&0(&#(-(&'/1*(&#1&2';*(&'"%&!"&1,5+8&!"&'#()*&5.03&!"#(;4"0&#1&)1@)*'"6'&5.'-(&'&)%)*(51-1%&
K:',&;+,('&#+&/%'6'&()*(&%5;.)%@%-+&7+,+&'-%5("*(&0(&.,%?%"(&'"%5'-+3&0',&#1&*.'*(&'#()*('3&)1*(&0(& #(,(@,.);%"'-3&2%&;4"+&-'&6()1*1-&.).)&#.5;'#*&#(&'-#+*1%(2*(&)#$(-(*1-3&*.'*+&7%%"6'&".')*,+&7%F%#+&()*(&
5%-%.'"(&0(&.'5("%&*,+%()#&!"&0%7(,%*(&,(?%1"%&'-(&;+54"*1-1%3&7%%"0&0(;-%"&)+"+*.2%&2%&%"*(-%?("6%3& )1;1)+&1"(%&"(#."*("%*(&;,%5("%,%<8&I2'0',3&!"&*%5;1-&/%(6%%&*(,()*,(3&-'&%"*(,/'-(&0(&2';*(&'"%3&*,1;1-&
$,+"501:)(&#1&/(?(*'-(8&S)*(&0.',&.&;,.@-(5+&0(&.@%2"1%"6+8 ".)*,1&)(&*.;(2*(&2%&)(&,(7.,5('F+&0(&5'%&51-*(&.,%8&H1&*.'*(&'#()*(&*,'")7.,5+,%3&".%&,+54"(5&
!"&7%(#',(&;',*%#1-+&0(&'-%5("*&(L%)*+&/%'6+3&Z#1&'*4*&5'%&/%(3&5'%&;1*(,"%#+3&#1&#4*&7%%"6'&0%"&#',(& '#(('2%8&U'*(,%'&#(,(@,'-+&)(&,(!"".%(2*(3&)#$%5@4"01:)(&#.5;-(*3&0',&?4"0%,('&;(,)%)*+&2%&!5;,(1"+&
;,./%"(&'-%5("*1-&,();(#*%/&';',6%"(&1"1%&,(?"&5'%&!"'-*&;(&)#','&(/.-16%(%8&H(-1-(-(&'"%5'-(&'1&.& #1&('&5(5.,%'&!2%&;+)*,('F+&'5%"*%,%-(&1"1%&*,(#1*&#(&0(;+2(2*(&2';*(&'"%3&2%&-'&#',(&'#*1'-1-&".)*,1&
%"0%/%01'-%*'*( & 5'% & ;1*(,"%#+ & 0(#4* & #(-( & /(?(*'-( & 2% & %"#.5;','@%- & 5'% & /%@,'"*+ & 0(#4* & ;',*%#1-(-(& *,1;&"1&'&;',*%#%;'*8&P.#5'%&'#()*&7(".5("&0./(0(2*(&(L%)*("6'&!"&".%&'&1"1%&;,%"#%;%1&0(.)(@%*&0(&
5%"(,'-(8 &I#(')*+ & 7'#1-*'*( & 0( & %"0%/%01'-%F',( & ' & #(-1-(-., & '"%5'-( & 7'#( & #' & '-%5("*1- & 0( & .,%?%"(& 5'*(,%' & 7%F%#+3 & ' & 1"(% & 7.,6( & %"/%F%@%-(3 & #',( & ;(,)%)*+ & !" & 5%=-.#1- & ;,(7'#(,%-., & 7%F%#(8 & 9,%" & 1,5',(3&
'"%5'-+&)+&7%(&?,(1&0%?(,'@%-&2%&')%5%-'@%-3&"(#()%*4"0&.&5',(&#$(-*1%'-+&0(&("(,?%(&2%&7%%"0&')%5%-'* 7'#1-*+6%-(&".')*,(&);%,%*1'-(&":'1&"%5%#&#.51"&#1&5'*(,%'&7%F%#+8&R"*(-%?("6'3&=10(#'*'&2%&/.%"6'&)1"*&
"15'%&;',6%'-8 !")12%,%&'@)*,'#*(3&;(&#',(&"1&-(&;1*(5&#."71"0'&)'1&;,()1;1"(&#+&)(&"')#&0%"&5'*(,%'&)%)*(51-1%&
C',&#(('&#(&#."*,%@1%(&-'&!"?,(1"',('&')%5%-+,%%&'-%5("*(-.,&0(&.,%?%"(&'"%5'-+&)1"*&7-1%0(-(& #(,(@,'-&)'1&'&)1@)*'"6(%&)'"?1%"(8
(*(,%#(&'"%5'-(&#(&-(&!").6()#3&;1,*4"0&!"&(-(&*.'*+&'"%5'-%*'*('3&*.'*(&!"#-%"+,%-(&/%(61%*.,1-1%&0%"& K;%,%*1-&;(,)%)*+3&()*(&'#(-'2%&#$%',&0'#+&0%);',(&5'*(,%'&7%F%#+&;(&#',(&.&#."01#(8&G'&*(,5%"',('&
#',(&'1&;,./("%*3&*.'*(&*("0%"6(-(&2%&@,1*'-%*'*('&)'8 /%(6%%&*(,()*,(3&#4"0&)(&/'&0%F.-/'&;("*,1&1-*%5'&.',+&'#(')*+&5'*(,%(&7%F%#+3&,+54"(&);%,%*1-&"(;%(,%*.,8&
9.'*( &#+3 &')(5("(' & ;-'"*(-.,3 & 2%& .51-& /'& '/('& 7'#1-*'*('& 0(&' &)( & $,+"%& "15'% &#1& )1@)*'"6(& o%F%#'&2%&#$%5%'&"(&);1"&#+&5'*(,%'&"1&)(&;%(,0(3&#%&)(&*,'")7.,5+8&S%&@%"(3&-'&5.',*('&".')*,+&
5%"(,'-(3&;("*,1&#+&(-(&;.)(0+&.&7.',*(&5%#+&("(,?%(&/%*'-+3&5.*%/&;("*,1&#',(&)1"*&12.,&)1;1)(& @%.-.?%#+&5'*(,%'&7%F%#+&)(&/'&!"*.',#(&!"&-15('&7%F%#+&0(&1"0(&'&7.)*&!"#.,;.,'*+8
;,(7'#(,%-.,8&I*1"#%&'5&#.")15'&5'%&,',&2%&!"&#'"*%*+6%&5'%&5%#%&0(#4*&'#153&#4"0&'/4"0&1"&,(?%5& C(&')(5("('3&#1".2*%"6(-(&2*%%"6%7%#(&0(&'F%&"(&);1"&#+&("(,?%'&"1&;%(,(&"%#%&('3&#%&)(&*,'")7.,5+8&
'-%5("*',&0(&.,%?%"(&'"%5'-+&)1"*(5&"(/.%6%&)+&54"#+5&51-*&2%&0(&51-*(&.,%&;(&F%8&9.'*(&#+&/'&/("%& K;%,%*1-&:&7.,6'&#',(&'&#."01)&#.,;1-&7%F%#&:&/'&;+,+)%&-'&5.',*('&@%.-.?%#+&*,1;1-3&$'%"'&#',"'-+&)'1&
.0'*+&/,(5('&#4"0&.51-&)(&/'&$,+"%&#1&'-%5("*(&#."#("*,'*(3&0(&"'*1,+&5%"(,'-+3&#$%5%#+3&)1@&7.,5+& %")*,15("*1-&0(&#',(&"1& )(&5'%& ;.'*(&)(,/%3&,+54"4"0&!")+&'#(-'2%&#'& !"'%"*(& 2%&01#4"01:2%&5'%&
0(&;')*%-(3&#',(&"1&/.,&#(,(&*%5;&'*4*&0(&!"0(-1"?'*&;("*,1&0%?()*%(3&'@).,@6%(&2%&')%5%-'6%(3&,+54"4"0& 0(;',*(3&)1@&.&7.,5+&(*(,%#+3&".1'&)'&/%'6+8
.,?'"%)51-1%&1"&5',(&);'6%1&0(&*%5;&;("*,1&.0%$"+&)'1&'-*(&;,(.#1;+,%8 9("*,1&#(-&0.,"%#&)+&7'#+&)*10%%&!"&-15('&%"/%F%@%-+3&)(&,(#.5'"0+&,(?%51-&'-%5("*',&/(?(*',%'"3&
!"*,(@1%"6',('&1"1%&'-%5("*&0(&.,%?%"(&'"%5'-+&',(&#'&1,5',(&%"*,.01#(,('&!"&*,1;1-&".)*,1&'&;,('& 0',&#1&.@)(,/'6%'&#'&*,(#(,('&-'&'-%5("*'6%'&/(?(*',%'"+&)+&)(&7'#+&?,'0'*3&;(&#4*&;.)%@%-&;,%5+/','&
51-*(&(-(5("*(&#$%5%#(&:&7.)7'6%3&#',@."'6%&2%&)1-7'6%&:&#',(3&;1,*'6%&0(&)4"?(&!"&*.'*(&#(-1-(-(3&)(& )'1&/','8&J1&)(&;.'*(&*,(#(&0%"*,:.&0'*+&0(&-'&1"&,(?%5&'-%5("*',&0(&.,%?%"(&'"%5'-+&:&#1&#',(&"(:'5&
0(;1"&!"&;(,(6%%&/')(-.,&)'"?1%"(3&2%&0%"&(-')*%#(&-(&7'#&,%?%0(8&I#()*(&(-(5("*(&#$%5%#(3&#'&2%&'-*(-(3& .@%2"1%*&0%"&#.;%-+,%(&2%&;(&#',(&-:'1&'/1*&5'%&51-*(&?("(,'6%%&:&-'&1"&,(?%5&'@).-1*&/(?(*',%'"3&#%&
#,('*(&!"&*,1;1-&".)*,1&;,%"&0%7(,%*(&#.5@%"'6%%&#$%5%#(&:&1,'6%&2%&.L'-'6%&:&"+/+-()#&!"&6()1*1,%-(& *,(@1%(&)+&;+2%5&*,(;*'*3&;("*,1&'&0'&,+?'F&.,?'"%)51-1%&)+&)(&.@%2"1%')#+&#1&".1-&,(?%53&'-*7(-&
.,?'"(-.,&2%&')*7(-3&!"#(*1-&#1&!"#(*1-3&.,?'"%)51-&!"*,(?&!2%&;%(,0(&;-')*%#%*'*('3&/%?.',('&0(&5'%& ,%)#+5&)+&"(&!5@.-"+/%58
!"'%"*(3&0(/%"(&,%?%03&!2%&,(01#(&'#*%/%*'*('&2%&@+*,4"(6('&).)(2*(&5'%&0(/,(5(&0(#4*&',&7%&*%5;1-Q&#'& a,?'"%)51-&".)*,1&)(&;.'*(&7.,*%7%#'&(/%*4"0&#1&?,%=+&'-%5("*(-(&#(&#."6%"&;,('&51-*(&5'*(,%%&
1,5',(3&;+,1-&#'0(3&0%"6%%&)(&#',%'F+3&;%(-('&)(&F@4,#(2*(3&512#$%%&0(/%"&7-')#%&2%&'#*%/%*'*('&*.*'-+&'& 5%"(,'-(&2%&#.")154"0&';+&#1,'*+&:&;(&#4*&;.)%@%-&0(&%F/.,&:&%',&;(&0(&'-*+&;',*(&7'/.,%F4"0&#4*&5'%&
.,?'"%)51-1%&)(&!"#(*%"(2*(8&!"&5.01-&'#()*'3&*,1;1-&"1&5'%&#.,();1"0(&#(,%"6(-.,&);%,%*1-1%3 51-*&(-%5%"',('3&;,%"&(;%0(,5+3&'&;,.01)(-.,&/+*+5+*.',(&0%"&.,?'"%)53&7+#4"0&@+%&#4*&5'%&0()(8&R'*+&
'#()*'&7%%"0&"(/.%*&)+:<&;+,+)(')#+8 5.*%/1-&;("*,1&#',(&#(-(&5'%&51-*(&,(-%?%%&;,()#,%1&@+%&#4*&5'%&7,(#/("*(3&;("*,1&#+&(-(&;1,%7%#+&*,1;1-&
C'#+&'5&#+1*'&)+&%"*,.01#(5&!"&*,1;1-&".)*,1&"15'%&'-%5("*(&#1&,.-&0(&!"*,(6%"(,(&2%&,(;',',(&'-& 2%&!"*,(6%"&)+"+*'*('8&p+%-(&7+#1*(&#4*&5'%&0()&#."*,%@1%(&-'&.&12.',+&*,'");%,'6%(3&.#'F%(&#1&#',( &)(&
.,?'"%)51-1%&:&#',(&)(&1F('F+&;,%"&!")+2%&71"#6%."',('&)'&:&'-%5("*(&#',(&"1:%&7'#&,+13&"1:%&0%)*,1?& (-%5%"+&5',%&#'"*%*+6%&0(&)+,1,%&0%"&.,?'"%)58&I-*7(-&'#()*(&)+,1,%&):',&0(;1"(&*,(;*'*&;,%"&6()1*1,%3&%',3&
6()1*1,%-(&2%&"1:%&!"*+,()#&.,?'"(-(3&/%?.',('&):',&5("6%"(&51-*+&/,(5(3&@+*,4"(6('&).)%"0&5'%&*4,F%18 !"&;-1)3&';'&#1&#',(&"(&!5@+%(5&#."6%"(&.&5',(&#'"*%*'*(&0(&7-1%0(3&#(&/.,&!5;,.);+*'&7-1%0(-(&7%F%#(&
S)*(&"(#()',&#'&'*4*'&*%5;&#4*&)*+5&;(&;+54"*3&)+&7%5&;(&0(;-%"&)+"+*.2%3&;("*,1&'&#1-(?(&#4*&5'%& 0%"&#.,;1-&".)*,1&7%F%#8
51-*(&!"/+6+5%"*(3&;,%"&%"*(,5(0%1-&#+,.,'&);%,%*1-&)+&)(&-15%"(F(3&)+&(/.-1(F(&0%"&#(&!"&#(&5'%&51-*3& K(&,(#.5'"0+&)+&7,%#6%."+5&*.*&*,1;1-&#1&';+&,(#(3&;("*,1&'&;,.01#(&.&"+/+-%,(&'&)4"?(-1%&#+*,(&
%',&#."2*%%"6'&".')*,+&)+&)(&,%0%#(&2%&)+&0(/%"+&#4*&5'%&#-',+8 (L*,(5%*+6%&2%&)+&;,./.#+5&')*7(-&.&#%,#1-'6%(&'#*%/+&!"&*.*&*,1;1-3&'"*,("4"0&)+,1,%-(&#+*,(&';','*1-&
C(.',(#(&"1&(L%)*+&'-%5("*3&7%(&0(&.,%?%"(&/(?(*'-+&)'1&'"%5'-+3&#',(&)+&"1&#."6%"+&(-(5("*(&#(& 1,%"',3&;("*,1&'&7%&(-%5%"'*(8
).-%0%7%#+&2%&!"*+,()#&6()1*1,%-(3&)(&#(,(&:&5'%&'-()&!"&'&0.1'&=15+*'*(&'&/%(6%%&:&#'&5+#',&';' <&;(&#',(&.& P,1;1-&*,(@1%(&0(F/.-*'*&;,%"&(L(,#%6%%&5.0(,'*(&;("*,1&':<&7'#(&7-(L%@%-&2%&'?(,8&H+*,(&@+*,4"(6(3&
@(5&)+&7%(&#4*&5'%&)+,'#+&!"&)+,1,%&5%"(,'-(3&!"&);(#%'-&#',@."'6%&0(&#'-#%18 '#()*(&(L(,#%6%%&)(&;.*&!"-.#1%&#1&;-%5@+,%&12.',(3&0',&"1&;,('&!"0(;+,*'*(&2%&.@.)%*.',(A
C',&,(?%51-&%0('-&()*(&#(-&'-&7,1#*(-.,&2%&)(5%"6(-.,8&S-(&#."6%"&';+&#1,'*+3&)1@)*'"6(&F'$',.')(& C%"&#4"0&!"&#4"0&()*(&"(#()',&)+&"1&54"#+5&#4*(&.&F%&0(-.#3&#'&)+&0+5&,+?'F&';','*1-1%&0%?()*%/&
12.,&')%5%-'@%-(&2%&'-@15%"(3&)1@&7.,5'&#('&5'%&)%5;-+3&12.,&0(&0()#.5;1)&2%&')%5%-'*&0(&.,?'"%)58 )+&)(&.0%$"(')#+3&%',&.,?'"%)51-&)+&(-%5%"(&*.L%"(-(8&!")+&"1&(&%"0%#'*&#'&'#()*(&F%-(&0(&'=1"',(&)+&7%(&
;,('&0()(&)'1&;,(-1"?%*(3&0(.',(#(&'*1"#%3&!"&-.#&)+&'=1*+5&.,?'"%)51-1%3&!-&,1%"+58
<
&I;'&'@).',@(&#1&121,%"6+&7-1%0(-(3&;+)*,4"0&!"&5.-(#1-(-(&(%&5(5.,%'&*,(#1*1-1%Q&('&;.'*(&7%&12.,&!"#+,#'*+&#1&/%@,'6%%&)7%"*(&0',& <
& N,'6%( & '#()*1% & 5(#'"%)5& 0( & ,(?("(,',( & ()*( & ;.)%@%-+ & /%"0(#',(' & );."*'"+ & 2% & *.*'-+ & ' & 1"1% & .,?'"%)53 & 0', & "15'% & !" & #'F1-&
2%&#1&#(-(&#."*,',(8&C%"&'#()*&5.*%/3&"1&()*(&%"0%#'*+&7.-.)%,('&';(%&0(&#."01#*(&2%&0%"&-'#1,%&0(&'#151-',(3&0(.',(#(&"(&.*,+/%5& 0%);',%6%(%&#'1F(-.,&)17-(*(2*%Q&)'1&]',5%#(&'-(&@.-%%&,();(#*%/(3&)'1&0'#+&'5;,("*(-(&(*(,%#(&'-(&1".,&?4"01,%&2%&)("*%5("*(&#."*,',(&'1&
*(5;-1-&*,1;()#Q&;(&#4*&;.)%@%-&)+&7.-.)%5&';'&0(&%F/.,8&C(&')(5("('3&0'#+&"(:'5&;%(,01*&',5."%'&2%&;'#('&%"*(,%.',+3&.&@'%(&)#1,*+&!"& 7.)*&2*(,)(&0%"&5(5.,%'&#(-1-(-.,8
';+&#1,'*+&/'&'@).,@%&7-1%0(-(&#."*,',(3&'=1*4"01:"(&)+&"(&,()*'@%-%5&;'#('&)17-(*(')#+8
#
Y&;%
?2,418&;%M%#&'8&27181% UT
>%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&C,%7'&#',*(
U\
!"&;+54"*&2%&0%F.-/+&;',*%#1-(-(&-1%3&*,'")7.,54"01:-(&!"&0%7(,%*(&).-16%%&5%"(,'-(&:&)1-7'6%3&#',@."'6%3&
a&?,%=+&0(.)(@%*+&*,(@1%(&)+&'/(5&#'&0(7(#',('&)+&7%(&#4*&5'%&,(?1-'*+3&#.-."1-&*,(@1%"0&?.-%*& 'F.*'6%8&9(&)1;,'7'6'&;+54"*1-1%&#,()#&.&%"7%"%*'*(&0(&7.,5(&/(?(*'-(8&a,%#',(&',&7%&?,'01-Z-.,&(/.-1*%/3&
F%-"%#&2%&5'*%"'-8&P,(@1%(&)+&'#.,0+5&.&'*("6%(&0(.)(@%*+&(-%5%"+,%%&(L#,(6%%-.,&,(F1-*'*(&!"&%"*(,%.,1- *.'*(&'@).,@&'#()*(&).-16%%&5%"(,'-(3&-(&%"*,.01#&!"&*,1;1-&-.,&2%&-(&;,(7'#3&?,'6%(&-15%"%%&).-',(3&!"&
*,1;1-1%&".)*,18 )1@)*'"6(&.,?'"%#(3&#1&#',(&'-#+*1%()#&#(-1-(&/(?(*'-(8&I#()*('&;,%"&.,4"01%,('&2%&0%7(,("6%(,('&-.,3&
H4"0&54"#+5&)+&7%5&#1&?4"01-&-'&'#*1-&54"#+,%%3&#+#%&'#()*&?4"0&'#*%/('F+&)(#,(6%'&?-'"0(-., /.,&#.")*%*1%&(-(5("*(&,(;,.01#+*.',(3&#1&'=1*.,1-&#+,.,'&);(#%'&)(&/'&!"51-6%&2%&,+);4"0%8
0%?()*%/(&2%&')*7(-&0%?()*%'&/'&7%&#.5;-(*+8 9,%"&,+0+#%"%-(3&*1-;%"%-(3&7,1"F(-(&2%&7,1#*(-(&-.,&;-'"*(-(&)(,/()#&0,(;*&$,'"+&'"%5'-(-.,8&P,1;1-&
S)*(&@%"(&#'&-';*(-(&)'1&#'7('1'&#1&-';*(&)+&7%(&#.")15'*(&!"#(*3&;16%"&#4*(&;16%"3&;("*,1&#'&;(& ;-'"*(%3&%"*,.01)&!"&*,1;1-&'"%5'-1-1%&)17(,+&;,(7'#(,%3&7%"'-%F'*(&;,%"&'-#+*1%,('&1"(%&)(,%%&%"7%"%*(&0(&
5+)1,+&#(&-(&%"*,.01#(5&!"&)*.5'#3&)+&7%(&'*'#'*(&0(&)1#1-&?')*,%#Q&'-*7(-3&-';*(-(&%"*,'*&@,1)#&!"& #.5;12%&#$%5%#%3&#(&/.,&#.")*%*1%&*,1;1-&#(-1-(-.,&'"%5'-1-1%3&#."*,%@1%"0&')*7(-&-'&#,(2*(,('&-1%&)'1&
)*.5'#3&)(&#.'?1-('F+&!"&5')+3&7.,54"0&.&@1-+&5',(&0(&@,4"F+3&?,(1&0(&7+,45%6'*&2%&'*'#'*&0(&)1#1- -'&,(;',',('&(-(5("*(-.,&'"'*.5%#(&0%)*,1)(&;,%"&!")+2%&'#*1-&/%(6%%&-.,8
?')*,%#8 C1;+&#46%/'&'"%3&'"%5'-1-&/'&*(,5%"'&'#*1-&(L%)*("6(%&)'-(&*(,()*,(3&/'&51,%8&P,1;1-&!%&/'&,+54"(&
C(&')(5("('&)+&'#.,0+5&.&'*("6%(&0(.)(@%*+&'(,1-1%&%");%,'*3&;("*,1&#+&!"&'(,&)(&?+)()#&'*.5% <& ;(&*(,("1-&1"0(&%:'&).)%*&5.',*('3&7%%"0&(L;1)&'(,1-1%3&#+-01,%%3&15(F(-%%3&1)#+#%1"%%&2%&5%#,.@%-.,&#(:
;1,*+*.,%&0(&("(,?%(&/%*'-+8&K+&(/%*+53&;(&#4*&;.)%@%-3&%"#%"*(-(&'?-.5(,'*(&:&*('*,(3&#%"(5'*.?,'7(3&)+-%& <&/.,&"+;+0%8&T"&;,.#()&-1"?&)(&;,.01#(&)1@&'#6%1"('&'#()*.,&7'#*.,%3&5'*(,%'&-1%&*,(#4"0&0%"&(*';+&!"&
0(&#."#(,*3&!"*,1"%,%&;.-%*%#(3&0(.',(#(&'#.-.&)(&?+)(2*(&1"&'(,&7.',*(&/%#%'*8 (*';+3&;4"+&"1&/.,&5'%&,+54"(&0%"&(-&0(#4*&.')(-(8&T"(-(&5'*(,%%&)(&;,(7'#&!"&?'F(&:&;%(,01*(&!"&
H4*&*%5;&"1&)(&#1".2*('&'"'*.5%'&*,1;1-1%&.5("()#3&"1&)(&@+"1%'&)1@-%5'&)'&'-#+*1%,('8&IF%&)(& '*5.)7(,+3&'-*(-(&)(&*,'")7.,5+&!"&-%#$%0(&:&)*,(#1,'*(&;,%"*,(&;',*%#1-(-(&;+54"*1-1%8&!"&7%"(3&;+,6%-(&
#1".'2*(&%"*(,%.,1-&)+13&)*,1#*1,'&)'&%"*%5+3&;4"+&-'&1-*%5'&)'&#(-1-+8&K*10%%-(&$%)*.-.?%#(3&'-(&0%7(,%*(-.,& *',%3&.')(-(3&)(&/.,&;1-/(,%F'&)1@&'#6%1"('&@%.L%01-1%&0(&#',@."3&'&.L%?("1-1%3&'&#+-01,%%&2%&'&7,%?1-1%3&
6()1*1,%&0%"&*,1;1-&15'"3&'1&',+*'*&)'/'"*1-1%&)*,1#*1,'&#.5;-(L+&'&0%7(,%*(-.,&.,?'"(3&0',&5'%&'-()&'& 7%%"03&!"#(*1-&#1&!"#(*1-3&,%)%;%*(&0(&/4"*&;(&!"*%")1-&;+54"*1-1%&2%&#+,'*(&-'&0%)*'"6+&0(&';'&;-.%-.,3&%',&
)%)*(51-1%&#(,(@,.);%"'-3&"(/,'L1-&7%%"0&1"&-'@%,%"*&0(&#(-1-(&"(,/.')(8&G1'*&!"&'")'5@-1-&)+13&*,1;1-& ';.%&0%F.-/'*(8&I)*7(-3&0%"&@%(*1-&'"%5'-&"1&'&5'%&,+5')&"%5%#8&U'*(,%'&#(&'&#.")*%*1%*&*,1;1-&)+1&):'&
.5("()#&)(&','*+&#'&.&.;(,+&?,'"0%.')+3&'&#+,(%&#.5;-(L%*'*(&"1&.&!"*,(#(&"%#%&.&5'2%"+,%(&*(,()*,+8& ,(!"*.,)&%',+2%&!"&;+54"*1-&0%"&#',(&'&;-(#'*8
I2'&#15&(-&)(&','*+&'"'*.5%)*1-1%3&;',(&,(F1-*'*1-&1"(%&(/.-16%%&#(&)(&;%(,0(&!"&".';*(' SL%)*+&#4*(/'&'"%5'-(3&;(&#',(&.51-&-(&;,%"0(&)'1&-(&#,(2*(&;(&-4"?+&#')'&-1%3&;("*,1&':%&)(,/%&#'&
'-%5("*8&U'*(,%'&*,1;1-1%&-.,3&%"*,'*+&!"&1F%"'&*,1;1-1%&15'"3&)17(,+&.&;,(7'#(,(&2%&5'%&'04"#+&0(#4*&
'04"#+&'&/('#1,%-.,8 ;,(7'#(,(' & ;-'"*(% & !" & *,1;1- & '"%5'-1-1%8 & C%"& (-'@.,+,%-( & 51-*%;-( & 2% & #.5;-%#'*( & )( & "')# & !" & *,1;1-&
a51-&"%#%&"1&@+"1%(2*(&2*%%"6'&;.)(0'*+&0(&5',%-(&2%&?-.,%.')(-(&7.,6(&'"?(-%#(&2%&(7.,*1-&-.,&0(;1)& .51-1%&.&)(,%(&0(&#.5;12%&#$%5%#%3&#',(3&!"&0(7%"%*%/3&'-#+*1%()#&#(-1-(-(&0%7(,%*(-.,&6()1*1,%8
-'&#.")*,1%,('&*,1;1-1%&!"&#',(&!2%&01#(&*,'%1-&);%,%*1-&.5("()#8&P,1;1-&.51-1%&()*(&.;(,'&#('&5'%& H4"0&):'&*(,5%"'*& 7%,1-&(L%)*("6(%&".')*,(3&);%,%*1-&)(&!"'-6+&-'&H(,3&%',&*,1;1-&!-& 0(;1"(5& !"&
?,'"0%.')+&0%"&*.*&1"%/(,)1-8&!"&(-&)(&#1;,%"0(3&!"&,(F15'*3&*.*&#(&'&#,('*&P'*+-&:&@%"(#1/4"*'*&7%(& ;+54"*3&0(&1"0(&'&;.,"%*&.0'*+3&#+#%&;+54"*&(,'&2%&!"&;+54"*&):'&,(!"*.,)8&H%"(&',&@+"1%&#+&54"'&#1&
J15(-(&K+1&:&0(&-'&)#4"*(%'&0%/%"+3&;4"+&-'&5%"(,'-1-&?-.@1-1%&".)*,18&!"&(-&?+)%5&.&',$%*(#*1,+& #',(&)#,%(53&.#$%1-&#1&#',(&'05%,+5&7,151)(6%-(&"'*1,%%3&)%)*(51-&#(,(@,'-&#1&#',(&)#,1*+5&-1#,1,%-(&
0()+/4,2%*+3&7%F%#'&2%&#$%5%'&;+54"*1-1%&,('-%F'*(&)1@&7.,5(-(&#(-(&5'%&',5."%.')(8 2%&7%%"6(-(&0%"&=1,1-&".)*,1&)1"*&;+54"*&;,(7+#1*M&C(&"(#,(F1*3&2%&*.*12%&'#()*'&()*(&'0(/+,1-8
C'#+&'%&2*%&*13&.51-(3&#(&'-#+*1%,(&)1@-%5+&6%&):'&!"#,(0%"6'*&0(&I*.*;1*(,"%#1-3&;("*,1&'&*(&@1#1,'& 9%'*,'&'&*,(#1*&!"&;-'"*+3&*,'")7.,54"01:)(&!"&)1@)*'"6+&.,?'"%F'*+3&%',&0(&'%#%&!"&'"%5'-&)'1&.53&
0(&7,151)(6%-(&.;(,(%&K'-(3&-:'%&!"?,%=%&#'&;(&.&"()*(5'*+&0(&5',(&;,(63E&#'&;(&1"&@1"&0(&"(;,(61%*8& ,(/("%"0&-'&)74,2%*1-&(L%)*("6(%&)'-(&0(&1"0(&'&;-(#'*3&-'&5%"(,'-8
I2'0',&7%%&'*("*3&;+)*,('F+:<3&!"?,%=(2*(:<3&0',&"1&1%*'3&*.*12%3&#+&*,1;1-&()*(&/,(5(-"%#3&#+&(-&'&7.)*& c.'*'&/%(6%%&!5;%"?(&5'*(,%'&0%"&;,(7'#(,(&!"&;,(7'#(,(3&;("*,1&'&#,('&7.,5(&".%3&%")*,15("*(&!"&
7+#1*&0%"&;+54"*&2%&!"&;+54"*&*,(@1%(&)+&)(&!"*.',#+8 #',(&)+&/%"+&'-*(&("*%*+6%&);%,%*1'-(3&;("*,1&'&!"/+6'&-'&5',('&2#.'-+&'&1"%/(,)1-1%3&'&/%(6%%&/(2"%#(8
P1&(2*%&/(2"%#8&C%"&H(,1,%&*(:'%&#.@.,4*&!"&*,1;&2%&!"&H(,1,%3&;'*,%'&*'&/(2"%#+3&*(&/(%&!"*.',#(8
T"1-&/'&#.@.,!&%',&#(-+-'-*&)(&/'&)1%8
H.,;1-&/%*'-
H4"0&/,(5&)+&#1".'2*(5&#.5;.F%6%'&5%"(,'-+&'&1"(%&;-'"*(3&.&-1+5&2%:.&#4"*+,%53&%',&01;+&'#(('&
.&1)#'58&9,%"&#+-01,'&'(,1-1%3&('&;%(,0(&*.'*+Z';'&*,1;1-1%&)+18&a&#4"*+,%5&0%"&".1&2%&'7-+5&#4*+&';+& T"&#.,;&).-%0&;.'*(&7%&;1)&!"&5%2#',(&;,%"&'#6%1"('&1"1%&'-*&#.,;&).-%08&I2'e0(&(L(5;-1&',#1-&0(&
'&;%(,01*&;,%"&(/';.,',(8&G1+5&'#15&;-'"*'&1)#'*+&2%&.&',0(5&!"*,,1"&#1;*.,&!"#$%)8&C%"& #'1F'& .6(- &'-&1"1% & #(')3& )*,4") & !"& =1,1- &)+1 & 2%& ';.% & -+)'*& -%@(,3 &#'1*+ & )+& )( &0()7'#+8&!"& 5%2#',(' &)' & 0(&
'(,1-1%&7%(,@%"*(&e)(&/.,&0(?'='&*.'*(&(-(5("*(-(&/.-'*%-(A&@%.L%01-&0(&#',@."3&$%0,.?("1-&)1-71,'*3& 0()*%"0(,(3&!"/4,*(&.&,.*%6+&2%&'#(')*'3&;,%"&'"?,("'=(3&5%2#+&.&'-*'&2%&0%"&,.'*+&!"&,.'*+&)(&5%2#+&
'5."%'#1-&(*#8&!"&#1;*.,3&!"&/')1-&0(&',?%-+&,(7,'#*',+&/'&,+54"(3&0%"&*.'*+&;-'"*'3&.&#("12+3&1"&;,'7& 5%"1*',1-&2%&.,',1-&#(')1-1%8
7.,5'*&0%"&5%"(,'-(-(&#(&%"*,+&!"&#.5;.F%6%'&;-'"*(%8&H4"*+,%5&'#()*&;,'7&2%&0%7(,("6'&;4"+&-'&;-'"*'& C',&1"&#.,;&).-%0&;.'*(&7%&5%2#'*&2%&0(&1"&#.,;&-%#$%08&I)*7(-&';'&1"1%&%'F3&'&1"(%&?4,-(3&-./%"0&
1)#'*+&','*+&(-(5("*(-(&#$%5%#(&/.-'*%-(8&P,(#(5&-'&'"'-%F'&#("12(%&2%&#.")*'*+5&#+&()*(&'-#+*1%*+&0%"& ;'-(*(-(&1"(%&,.6%&0(&5.',+&)'1&'-(&1"(%&*1,@%"(3&;1"(&!"&5%2#',(&.&;%'*,+&0(&5.',+&)'1&1"&5.*.,8
';,.L%5'*%/&<V&(-(5("*(&#$%5%#(&:&a3&g3&H3&H'3&9$3&U?3&t3&J'3&HR3&K3&J3&U"&:.,?'"%F'*(&)1@&7.,5+& C(&')(5("('&1"&#.,;&).-%0&;.'*(&7%&;1)&!"&5%2#',(&0(&1"&?'F3&#1,("6%&0(&'(,&#(&;1"&!"&5%2#',(&.&
0(&0%7(,%*(&)+,1,%&:&7.)7'6%3&)1-7'6%3&#',@."'6%3&#-.,1,%8 5.',+&0(&/4"*8
C( & #4"0 & ):'1 & #,('* & !" & 0%7(,%*( & ;1"#*( & '-( & ?-.@1-1% & #,(5'*.,%% & ;("*,1 & %"#%"(,',(' & #'0'/,1-1%& S%&@%"(3&(L%)*+&#.,;1,%&).-%0(&;1)(&!"&5%2#',(&0(&#1,(".%&(*(,%#%9&I)*7(-&*,1;1-&;-'"*(-.,3&'"%5'-(-.,&
.5("()#3&0%"&#',(&,+54"(&0.',&.&54"+&0(&#("12+3&):'&*,(#1*&-'&'"'-%F'&'#()*(%&#("12(3&#.")*'*4"01:)(& 2%&'-&.51-1%&()*(&)*,+@+*1*&0(&'"15%6%&#1,("6%&0(&"'*1,+&(*(,%#+&:&%"/%F%@%-%&.#$%-.,&:&#',(&!"*,(6%"&/%'6'3&
#+&*,1;1-&.5("()#&#1;,%"0(&'#(-('2%&(-(5("*(&#$%5%#(&!"*4-"%*(&-'&;-'"*(3&2%&.,?'"%F'*(&*.*&)1@&7.,5+& !"*,('?'&'#*%/%*'*(&%"*(,"+&2%&(L*(,"+&'&*,1;1-1%8
0(&0%7(,%6%&#.5;12%&:&#-.,1,%3&)1-7'6%3&#',@."'6%3&7.)7'6%3&.L'-'6%8 !"&'#()*&)1@#';%*.-&"(&/.5&.#1;'&0(&0%'.'&*,1;1-1%&:&;,%"#%;%1-&2%&/($%#.-1-&#',(&0+&/%*'-%*'*(&2%&
C%"&)*10%%-(&7+#1*(&0(&'?,.?(.-.?%&')1;,'&)#.',6(%&;+54"*1-1%3&):'&?+)%*&#+&(-&#1;,%"0(&0%7(,%*(& ;1"(&!"&5%2#',(&*,1;1-&15'"8
5%"(,'-(&)%5;-(&)'1&#.5;1)(3&0',&.,%#15&',&7%3&(-(5("*(-(&-.,&#$%5%#(&)1"*&K%3&H3&H'3&U?3&U"3&K3& C'#+ & .#$%1- & ".)*,1 & /(0(3 & 0'#+ & %"%5' &@'*( & 2%& 512#$%% & )( & #."*,'#*+3 &0'#+ &?4"0%53 & /.,@%5& 2%&
J'3&t3&a3&g3&9@3&o(8&H.5;',4"0&)(,%'&0(&(-(5("*(&0%"&).-1-&2%&)1@).-1-&;+54"*1-1%&#1&)(,%'&0(& -1#,+53&!"*,:1"&#1/4"*&!"*,('?'&/%'6+&2%&'#*%/%*'*(&0%/(,)+&'&*,1;1-1%&".)*,1&)(&0'*.,(2*(&1"1%&#1,("*&
(-(5("*(&#$%5%#(&#(&%"*,+&!"&#.")*%*16%'&*,1;1-1%&15'"3&)(&#.")*'*+&.&%0("*%*'*(&';,.';(&;(,7(#*+8& 0(&"'*1,+&(*(,%#+3&"15%*&#1,("*&5(&0%'.+/&#1,("*&0%*'89
I#(-'2% & 5'*(,%'- & 5%"(,'- & %"*,+ & !" & #.")*%*16%' & ;+54"*1-1% & ;( & #',( & !- & #+-#+5 & #1 & ;%#%.,1-3 & #' & 2% & !"& I5&/+F1*&;4"+&'#15&#+3&!"&1-*%5+&'"'-%F+3&*,1;1-&".)*,1&"1&()*(&0(#4*&;+54"*&;,(7+#1*3&'/4"0&
#.")*%*16%'&*,1;1-1%&".)*,18&S/%0("*3&1"1-&)(&;,(F%"*+&'2'&#15&'&7.)*&#.")*%*1%*&;,%5.,0%'-3&%',&#(-+-'-*& '#(('2%&#.5;.F%6%(&5%"(,'-+3&)1@&0%7(,%*(&)*+,%3&).-%0+&:&)%)*(51-&.).)3&)(5%:).-%0+&:&)%)*(51-&51)#1-',&
)(&;,(F%"*+&)1@&.&7.,5+&'*4*&0(&*,'")7.,5'*+3&!"#4*&1"&"(2*%1*.,&"%#%&":',&@+"1%&#+&0%7(,%*(-(&.,?'"(3& 2%&#(,(@,.);%"'-3&-%#$%0+&2%&?'F.')+&:&)4"?(-(3&#."6%"4"0&'*.5%&0(&a3&J3&g3&HqV&(*#8
)1@)*'"6'&)'"?1%"+3&)%)*(51-&.).)&)'1&51)#1-',&)1"*&1"'&#1&6+,4"'&0(&;(&0,158 I#()*&*,1;&;-1,%5%"(,'-&',(&.&(L%)*("6+&;','@.-%#+3&'0%#+&)(&"'2*(3&#,(2*(3&'*%"?(&1"&';.?(1&2%&
!"*,:'0(/+,3&5%"(,'-(-(&;+54"*1-1%&)(&0(F'?,(?$('F+&0%"&#'1F'&#+-01,%%&2%&'&7,%?1-1%3&0%"&#'1F'& ';.%&)(&)*%"?(&*,(;*'*3&)#+F4"01:%&;1*(,%-(&2%&)74,2%"0&#1&5.',*('8&H1&'-*(&#1/%"*(3&',(&.&"'2*(,(3&.&
(L%)*("6+&2%&.&5.',*(8&P.'*+&'#(')*+&(L%)*("6+&:&-'&1"%%&)#1,*+3&-'&'-6%%&5'%&-1"?+&:&)(&0'*.,(2*(&#(-1%&
0%-'*+,%%&2%&'&#."*,'#*+,%%&#."*%"1(&2%&)74,2()#&;,%"&'&)(&)7+,45'&2%&;1-/(,%F'8&I;'&;-.%-.,&)(&%"7%-*,('F+ 0(:'-&0.%-('&#.,;&7%F%#3&"15%*&#2,4&0%*'8/&#2,4&(*(,%#9

9,'"'&`)'")#,8&:&)17-13&,+)17-',(b&:&[%'6'&1"%/(,)'-+3&7.,6'&/%*'-+3&#',(&)(&5'"%7()*+&;(&*.'*(&;-'"1,%-(&#,('6%(%8
+, >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&C,%7'&#',*( ?2,418&;%M%#&'8&27181% VU

C'#+&15;-(5&1"&/')&#1&"%)%;3&'#()*'&/'&-1'&7.,5'&/')1-1%8&K+&*1,"+5&'#15&';+&!"&'#()*&/')3& C1;+&#(&'5&7+#1*&'#(')*+&;','"*(F+&,(/%"&R'&(*(,1-&)'1&7-1%01-&#.,;1-1%&".)*,1&/%*'-8&P.*12%3&"1&
/.5&/(0('&#+&('&/'&-1'&7.,5'&"%)%;1-1%8&I#(-'2%&-1#,1&!-&;1*(5&7'#(&#1&1"&@1,(*(&!"51%'*&!"&';+8&I;'& ;.*&*,(#(&5'%&0(;',*(&7+,+&'&("1"6'&0(&;(&'#15&#+&!"&7%%"6'&".')*,+&%"*(?,'-+&)(&'7-+&*.'*(&#'*(?.,%%-(&
/'&.#1;'&.#$%1,%-(&-%@(,(&'-(&@1,(*(-1%&2%3&;("*,1&1"&5.5("*3&/'&-1'&7.,5'&@1,(*(-1%8 0(&7-1%0(&7%F%#(&(L;1)(&5'%&)1)3&'&#+,.,&*.*'-%*'*(&7.,5('F+&#(('&#(&1"%%&%"%6%'6%&"15()#&4(,%)4%,%*&6&.&
G'&7(-&)(&!"*45;-+&2%&#1&/($%#.-1-&".)*,1&7%F%#8&I-+*1,%&0(&*,1;&2%&!"&%"*(,%.,1-&)+13&;+*,1"F4"01:<& )(,%(&0(Z#.,;1,%&7-1%0%#(&%"*(,5(0%',(&!"*,(&#.,;1-&7%F%#&2%&)#E"*(%'&5%0%"+&"15%*+&)4%,%*9
0%"&*.'*(&;+,6%-(3&)(&'7-+&#.,;1-&/%*'-3&'/4"0&'#('2%&7.,5+&#1&(-3&0',&'-#+*1%*&0%"&5'*(,%(&(*(,%#+ <&)'1& H.,;1-&".)*,1&/%*'-&()*(&7.,5'*&0%"&(*(,1,%-(&%"7(,%.',(&#."6%"1*(&!"&?'5'&0(&(*(,1,%&'-(&;-'"(*(%&
7%1%0%#+8&C1;+&#15&*,1;1-&',(&0%7(,%*(&.,?'"(3&.,4"01%*(&!"&)%)*(5(&2%&';','*(3&#.,;1-&/%*'-3&15;-4"0& ".')*,(8&P.*12%3&;',*%#1-(-(&-1%&'1&.&5%2#',(3&.&/%@,'6%(3&#1&51-*&5'%&%"*(")+&0(#4*&5%2#',('&5%#(-%%-.,&
%"*(,%.,1-&*,1;1-1%&2%&;+*,1"F4"0&.,?'"(-(&)'-(3&/'&,(;,.01#(&'@).-1*&*.'*(&'#()*(&.,?'"(3&;4"+&-'& #(&#.5;1"&)1@)*'"6'&;,.*.;-')5'*%#+&'&#(-1-(-.,&*,1;1-1%&".)*,18&M
1-*%5'&#(-1-+8 [%@,'6%'&;',*%#1-(-.,&7-1%0%#(&;1"(&!"&/%@,'6%(&;,.*.;-')5'&2%&"1#-(1-&#(-1-(%3&5.@%-%F4"0&')*7(-&
H.,;1-&/%*'-&()*(&.&#.;%(&'*4*&0(&7%0(-+&'&*,1;1-1%3&!"#4*&';',(3&;("*,1&1"&#-',/+F+*.,3&#'&1"&'-& !"*,('?' & #(-1-+8ZU%2#',('3 & ;(,#(;6%'3 & ')%5%-'6%'3 & 5(*'@.-%)51-3 & ,();%,'6%'3 & ,(;,.01#(,(' & 2% & (L#,(6%'&
0.%-('&*,1;3&.&%5'?%"(&%0("*%#+&'&'#()*1%'3&5.*%/&;("*,1&#',(&'&7.)*&0("15%*&51A818&(*(,%#9 #(-1-(%&)(&0'*.,('F+&7-1%01-1%&/%*'-8&C'#+&7-1%01-&#.,;1-1%&/%*'-&):',&.;,%Z@,1)#&0%"&'#*%/%*'*('&)'3&0%"&
I5&'7%,5'*&#+&/($%#.-1-&/%*'-&()*(&7.,5'*&0%"&5'*(,%(&(*(,%#+&)'1&7%1%0%#+8&C',&#(&()*(&7-1%01-D 5%2#',('&)'&/%@,'*.,%(3&%5(0%'*&',&!"#(*%"%&2%&5'%&';.%&):',&.;,%&'#*%/%*'*('&#(-1-',+8&C%"&'#(')*+&#'1F+&
>*%%"6'&;.F%*%/+&0(&'F%3&#('&;,(0'*+&!"&1"%/(,)%*+6%&2%&'#'0(5%%3&"1&#1".'2*(&0(#4*&*,(%&)*+,%&'-(& #.,;1-&(*(,%#3&#.,;1-&/%*'-3&;.'*(&7%&#.")%0(,'*&5.*.,1-&*,1;1-1%3&'"%5'*.,1-&)+13&0(&1"0(&2%&"15(-(&0(&
5'*(,%(%AZ).-%0+3&-%#$%0+&2%&?'F.')+8&>*%%"6'&.#1-*+3&)'1&)1;(,2*%%"6'&/('#1,%-.,&*,(#1*(3&/.,@(2*(&0(& #.,;&/%*'-3&#.,;&!"*,(6%"+*.,&0(&/%'6+8
)*+,%&'-(&5'*(,%(%&7%F%#(3&#',(&"1&)(&/+03&"1&)(&)%5*&2%&0(.#'50'*+3&"1&)(&;.*&#(,#(*'&2%&'"'-%F'&!"& H.,;1-&(*(,%#&()*(&%"*(,5(0%',&!"*,(&*,1;&2%&1"&#.,;&5'%&7%"3&'7-'*&5'%&;,.71"0&2%&#1&.&(L%)*("6+
-'@.,'*.,Q&5'*(,%%&7%F%#(&"15%*(&,'5%'"*(/&(*(,%#(&)'1&;81%5%#(9 5'%&-1"?+3&"15%*&#2,4&48'"(*',/&0("15%*&0(&1"%%&.#1-*%2*%&#2,4&')*,'8/&#.")%0(,4"0&9+54"*1-&#'&7%%"0
o-1%01-&%"*,+&!"&#.")*%*16%'&*1*1,.,&#.,;1,%-.,&0%"&"'*1,+&:&0(&-'&5%#,.@&;4"+&-'&')*,(3&0(&-'&.5& 1"'&0%"&"15(,.')(-(&')*,(&'-(&1"%/(,)1-1%&".)*,18 Q
;4"+ &-'&1"%/(,)1,%8 &I#(')*+Z5'*(,%(&(*(,%#+3&2%&*.*12% &7%F%#+3&#( &"1&-%;)(2*( &0%"&"%#% &1" &#.,;3& ()*(& C();,(&*,1;1-&".)*,1&'5&);1)&#+&',(&.&(L%)*("6+&(7(5(,+3&'0%#+&',(&1"&!"#(;1*3&.&0(F/.-*',(3&1"&
7.,5'*+&0%"&;',*%#1-(&%"7%"%*&0(&5%#%8&H1&*.'*+&0%5(")%1"('&-.,&"(!"#$%;1%*&0(&5%#+3&;',*%#1-(-(&'1& 0(#-%"&2%&1"&)74,2%*8&C%"&;+54"*1-&)'1&-1*1-&;+,%"6%-.,&):'&7.,5'*3&0%"&-';*(-(&5'5(%&'&#,()#1*3&0%"&
/.-15(&2%&"'*1,%&0%7(,%*(3&!"&71"#6%(&0(&?,'01-&0(&(/.-16%(&'-&/%@,'6%%-.,&#',(&-(&'"%5+8 "'*1,+&):'&!"*,(6%"1*&2%&!"&;+54"*&)(&/'&!"*.',#(8&H'&.,%#(&!"&-15(3&(&)1;1)&2%&(-&-(?%%&(L%)*("6(%&#%#-%#(&
SL%=)*+&.&)#',+&%"7%"%*+&0(&#'-%*+6%&'-(&7-1%0(-.,3&0(&-'&#(-(&%"7(,%.',(3&#(&!").6()#&;%(*,(-(3&;4"+&-'& :&)(&"'2*(3&*,+%(2*(&2%&;%(,(3&')(5("('&;-'"(*(-.,3&)*(-(-.,&2%&'&*.*&#(&(L%)*+&!"&)7(,'&#,('6%(%3&;("*,1&#'&
#(-( & )1;(,%.',(3 & #',( & %"*,+ & !" & #.")*%*16%' & 5',%-., & o%%"6( & #,('*.',( & : &I1L%-%',(-( & o%%"6(% & )1;,(5(& 0%"&5'*(,%'&-.,&)+&)(&7.,5(F(&'-*(&#.,;1,%3&;(&.&)#',+&(/.-1*%/+&5'%&,%0%#'*+8&P.*1-&1,#+&;(&.&)#',+&#(&
:H,('*.,%%&5%-%',0(-.,&0(&#.,;1,%&#(,(2*%&,%)%;%*(&!"&);'6%1&2%&'-(&7%%"6(-.,&#(&-(&;.;1-('F+8 )(&;%(,0(&!"&/(2"%#%(&2%&#+*,(&.&;(,7(#6%1"(&7+,+&0(&)74,2%*8
C%"&*.'*+&'#(')*+&)(,%(&"()74,2%*+&0(&7-1%0(3&5',%-(&G15%"%&);%,%*1'-(&'-(&;-'"(*(%&".')*,(&0%)*%"?& 9(&5+)1,+&#(&*,1;1-&".)*,1&:&0%"&5%#,.)#.;%#&#15&(,'&!"&;4"*(#(-(&5'5(%&:&0(/%"(&0%"&#(&!"&#(&
;'*,1&#'*(?.,%%&0(&7-1%0(&7%F%#(A&U9&;81%5&48'"(*',]&V9&;81%5&)28',]&W9&;81%5&1"%0(,)%#]&X9&;81%5&#2)7%#9 5'%&5',(3&'-+*1,%&0(& (-&2%&!"&%"*(,%.,1-&)+13&)(&0(F/.-*+&2%&#.,;1-& )+1&/%*'-8& C1;+&#15&*,1;1-&)(&
9(,%*,1&.&5'%&@1"+&!"6(-(?(,(3&()*(&"(#()',+&1,5+*.',('&0()#,%(,(8 !"*,(6%"( & ;,%" & ')%5%-',(' & 0( & 5'*(,%% & *(,()*,(3 & *.* & ')*7(- & )( & 0(F/.-*+ & 2% & )( & !"*,(6%"( & 2% & #.,;1- & /%*'-3&
K+&"(&!"#$%;1%5&!"&5%=-.#1-&);'6%1-1%&%"7%"%*&.&)7(,+&1,%'2+3&'-(&#+,(%&0%5(")%1"%&!"*,(#&.,%#(& '@).,@%"0&0%"&);'6%1&)1@)*'"6'&/%*'-+3&7-1%01-3&')(5+"+*.,&7-1%01-1%&0%"&#',(&(&7.,5'*&2%&(-%5%"4"0&
7'"*(F%(&.5("(')#+e&I#(')*'&()*(&);(,'&#,('.%(%&)'1&#2)72)18/&;-%"&#1&1"&(*(,3&#1&1"&7-1%0&0(&#('&5'%& 5'*(,%'&1F'*+&#',(&2%:'&!"0(;-%"%*&,.-1-&0(&5.*.,3&0(&5.@%-%F'*.,&'-&*,1;1-1%8
7%"+&#'-%*'*(3&0%"&)(,%'&7-1%0(-.,&7%F%#(3&"15%*&;81%5&#2)7%#/&!"&%"*(,%.,1-&)7(,(%&#.)5%#(3&;-1*()#&;'*,1& H4"0&:&0%"*,:1"&5.*%/&.',(#',(A&@.'-+3&@+*,4"(6(&)'1&'##%0("*&:&*,1;1-&2%:'&*(,5%"'*&(L%)*("6'3&
)7(,(&0(&0%5(")%1"%&%"%5'?%"'@%-(3&"15%*(&);(,(61"%0(,)9&S-(&)1"*&'2(F'*(&!"&#,1#(3&;(&.&-%"%(&);%,'-+3& #.,;1-&/%*'-&;+,+)(2*(&2%&(-&*,1;1-3&"(5'%;1*4"0&;,%5%&5'*(,%'&/%*'-+&0%"&);'6%18&H4"0&*,1;1-&2%&#.,;1-&
-'&0%)*'"6(&0(.)(@%*(&7'6+&0(&1"&;1"#*&#("*,'-&'-&#.)5.)1-1%8&I#()*(&)7(,(:1"%/(,)&)1"*&;-%"(&#1&1"& )+1&/%*'-&)1"*&;,('&1F'*(3&);%,%*1-&"1&-(&5'%&;.'*(&1*%-%F'&!"&.@)(,/+,%-(&2%&)*10%%-(&)'-(8&I*1"#%&);%,%*1-&
7-1%0&)'1&(*(,3&0(&.&#'-%*'*(&%"7(,%.',+&#(-1%&#.)5%#3&"15%*&;81%5&1"%0(,)%#9&R"&%"*(,%.,1-&7%(#+,(%&)7(,(: )(&,(*,'?(&0%"&'#()*(&!"/(-%21,%&2%&)(&,%0%#+&!"&);'6%13&*,+?4"0&01;+&(-&;(,%);%,%*1-&)+18
1"%/(,)&)(&?+)()#&F(#%&0(&5%-%',0(&0(&)*(-(3&)%)*(5(&;-'"(*',(&0(&0%7(,%*(&5+,%5%3&0(&0%7(,%*(&?,'0(& C1;+&5.',*('&@%.-.?%#+3&/($%#.-1-&/%*'-&/'&,+54"(&.&/,(5(&!"&*,1;3&)*4"0&!"&;,('=5'&-1%3&!"=1,'%&
(/.-1*%/(&2%&#.")*%*16%%&7%F%#(8&I2(F',('&-.,&!"&)7(,':1"%/(,)&()*(&.,0."'*+&01;+&.&.,0%"(&"15(,%#+3& #.2#%1?1-1%3&'-&#')(%&)'1&'-&5.,54"*1-1%3&0',&';.%&!-&;+,+)(2*(8&J.';*('3&!"&;,%5(-(&F%-(&01;+&5.',*(3&
0()#,%%"0 & !"*,( & (-( &7.,5(& ?(.5(*,%#(8 & C( & ;( &;+54"*3 & .#$%1- & ".)*,1 & -( & /(0( &)1@ & 0%7(,%*( & 7.,5( &:& )( &;.'*(&/(0('& ;(&!"*1"(,%#& .&5')+&'-@1,%(&0(&7.,5+&15'"+3&.)#%-4"03& 5%2#'*+&7%%"0& 0(&#1,("6%%&
*,%1"?$%3&?,(@-+3&#',3&e',;(&:&0',&'#()*&');(#*&'-&#.")*(-'6%%-.,&"1&()*(&0(#4*&;(,);(#*%/'&-.,&/+F1*+&0(& 7-1%0%#%&'%&);'6%1-1%8&I#()*'&()*(&#.,;1-&/%*'-&'-&*,';1-1%&;+,+)%*&0(&)*+;4"1-&)+1&:&);%,%*1-&)'1&)#4"*(%'&
.5&0(&;(&;+54"*8&R"&,('-%*'*(3&(-(&)1"*&?,1;'*(&#4*(&0.1+3&*,(%3&;'*,1&2%&'2'&5'%&0(;',*(8 0%/%"+8&H.,;1-&/%*'-&F'#(&!"&;,('=5'&*,';1-1%&;4"+&#(&!"#(*1-&#1&!"#(*1-&5'*(,%'&)'&(*(,%#+&)(&,%)%;(2*(&
I/4"0&!"&/(0(,(&(/.-16%'&-.,&0(&-'&"(@1-.')+&;4"+&-'&).,%&)'1&;-'"(*(3&)%)*(5(-(&;-'"(*',(&)1"*& !"&5(0%1-&!"#."=1,+*.,3&0%);+,4"0&#1&*.*1-8&&8
!5;+,6%*(&!"&<V&?,'0(&(/.-1*%/(3&%',&"15+,1-&-.,&*.*'-&*,(#(&0(&#%"#%F(#%&0(&5%-%',0(&!"&7%(#',(&1"%/(,)& H1&'*4*&5'%&)+"+*.)&2%&/%?1,.)&/'&7%&*,1;1-3&#1&#4*&#.,;1-&)+1&/%*'-&/'&7%&5'%&;1*(,"%#&2%&#1&/%@,'6%%&5'%&
:&01;+&'7%,5'6%%-(&5',%-.,&("*%*+6%&);'6%'-(8 !"'-*(&2%&',5."%.')(8&H.,;1-&/%*'-&()*(&#1&#(/'&5'%&5',(&0(#4*&*,';1-3&0(;+2%"0&;(,%7(,%'&'#()*1%'&#1&
C1;+&#15Z7-1%01-&0%"&#(-(&;'*,1&)7(,(:1"%/(,)&0%7(,+&1"1-&0(&'-*1-3&(L%)*4"0&;'*,1&7(-1,%&0(&7-1%0(& #46%/'&#("*%5(*,%8&9(,).'"(-(&#-',/+F+*.',(3&.,%&#(-(&'0.,5%*(&;,%"&;')(&5'?"(*%#(3&/+0&!"=1,'%&.51-1%&
1"%/(,)%#(3&*.*&'2'&2%&#(-(&<V&?,'0(&0(&)%)*(5(&;-'"(*',(&0%"&7%(#',(&1"%/(,)&'1&!"&=1,1-&-.,&2%&!"&)4"1-& .&#('6+&'-@1,%(3&1"&"%5@&#1&.&-+6%5(&0(&<q:Vq&#("*%5(*,%&:&#.")*%*1%"0&'1,'&(*(,%#+9&c',&?+)%5&0.%&
-.,&1"&'"15%*&7-1%08&I2'0',&!"&7%(#',(&1"%/(,)&(L%)*+&<V&#'*(?.,%%&0(&7-1%0(&"15%*(&;81%5&)28',9 .'5("%&#',(&)+&'%@+&'#(-'2%&7(-&0(&5'*(,%(&(*(,%#+8&[($%#.-1-&/%*'-&()*(&7.,5'*&2%&(-&0%"&5'*(,%(&(*(,%#+&
!"=1,'%&7%(#+,1%&).',(&)'1&)*(-(&?,'/%*('F+&1"1-3&0.1+3&*,(%&)'1&5'%&51-*(&#.,;1,%&#(,(2*%3&"15%*(& 0(&0%7(,%*(&#'-%*+6%3&(L%)*4"0&.&)*,4")+&,(-'6%(&!"*,(&#'-%*'*('&*,1;1-1%&2%&#'-%*'*('&#.,;1-1%&/%*'-8&H1&#4*&
;-'"(*(8&P.'*(&'#()*(&;-'"(*(&;-1*()#&!"&5',(-(&.#('"&'-&7-1%01-1%&).-',&,();(#*%/8&o%(#',(&;-'"(*+&7%%"0& 1"&*,';&()*(&7.,5'*&0%"*,:.&5'*(,%(&5'%&;1,+3&#1&'*4*&2%&!").6%*.,1-&)+13&#.,;1-&/%*'-3&/'&7%&'-#+*1%*&0%"*,:
!"#."=1,'*+&0(&.&'*5.)7(,+&(*(,%#+3&5'%&)1@6%,(&)'1&5'%&?,.')+3&"15%*+&;81%5&48'"(*',9 .&5'*(,%(&0(&.&#'-%*'*(&5'%&7%"+8&9,%"&1,5',(3&%"*(,/%"(&2%&'%#%&-(?('&').#%(,%%&2%&)(&;.*,%/(2*(&/.,@'A&
o-1%01-&7%(#+,(%&;-'"(*(&0%7(,+&0(&'-&)1,.,%-.,&)'-(&0%"&'#(-'2%&)%)*(53&0%"&#'1F'&#+&7%(#',(&',(&.& BK;1"(:5%&#1&#%"(&*(&!").6(2*%3&#'&)+:6%&);1"&#%"(&(2*%E8&8Z88AuZ&H.,;1-&/%*'-3&#'&2%&.,%#(&#.,;&0(&5'*(,%(&
/4,)*+&2%&#'&'*',(&.&(/.-16%(&0%7(,%*+8&9,%"&1,5',(&/.,&7%&*.*&'*4*('&7(-1,%&0(&7-1%0(&;-'"(*',(&#4*(& 0%"&-15(3&',(&.&)(")%@%-%*'*(&'&)'&;,.;,%(3&.&.,%("*',(3&2%&0%"&'#(')*+&#'1F+&'5&F%#(&.&#."2*%%"6+3&,(01)+&
;-'"(*(&(L%)*+&!"&'#(-&)%)*(5&).-',8 @%"(!"6(-()3&0',&"1&5'%&;16%"&(L%)*("*+8&!"*,:'0(/+,3&(-&)(&5%#2.,('F+&!"&7'6'&'?,()%1"%%3&2%&)(&5+,(2*(&
#4"0&()*(&!"#."=1,'*&0(&%1@%,(8
A&I646'&*%5;&#4*&);%,%*1-&-.#1%(2*(&!"&#.,;1-&7%F%#3&#.,;1-&/%*'-&()*(&-(?'*&0(&;(,%);%,%*&2%&!"*,(6%"(&
<
&H.,;1-&/%*'-&15'"&()*(&'-#+*1%*&0%"&;'*,1&#'*(?.,%%&0(&(*(,1,%&7%F%#(A 71"#6%%-(e&)+"+*'*('3&#+-01,'&2%&;1*(,('&*,';1-1%8&H.,;1-&/%*'-&"1&;+,+)(2*(&#.5;-(*&*,';1-&2%&"1&)(&,1;(&
<8 S*(,1-&#$%5%#&:&#(-&5'%&0(")&0%"&#(-(&;'*,1&(*(,1,%&#',(&%"*,+&!"&#.")*%*16%'&#.,;1-1%&/%*'-8&I#()*&(*(,&!"F()*,('F+&,(?"1- 0(;-%"&0(&;(,%);%,%*3&0(#4*&!"&5.5("*1-&5.,6%%8&J.';*('e&#4"0&);%,%*1-&:&;("*,1&':2%&*,+%&/%'6'&0(&);%,%*&
5%"(,'- & #1 & ;,.;,%(*(6%-( & )'-( & #$%5%#(3& ;,.01#( & #,(2*(,(' & ,(?"1-1% & /(?(*'-3& %', & ,(?"1-1% & '"%5'- & 2%& 15'" & !% & #."7(,+ & 7'#1-*+6% & -(?'*( :&;+,+)(2*(&*,1;1-&'0.,5%*3&*,'?(&01;+&(%&.&;',*(&0%"&#.,;1-&/%*'-<8&I#()*'&!5@+%"01:)(&!"
0(&')%5%-'*%(3&"1*,%6%(&2%&#,(2*(,(8
V8 S*(,1-&/%*'-&:&"1&()*(&'#*%/&!"&,(?"1-&5%"(,'-3&%',&!"&,(?"1-&/(?(*'-3&'"%5'-&2%&15'"&')%?1,'&;(,;(*1',('&);(#%(%8
X8MS*(,1-&-15%"+&:&()*(&!"&)*',(&-'*("*+3&%"'#*%/+3&-'&,(?"1-&/(?(*'-3&1,54"0&'&)(&0(F/.-*'&!"&*%5;8&R"&,(?"1-&'"%5'-&2%
15'"&;,.01#(&#+-01,'&#.,;1-1%&7%F%#3&'"%5+&)%)*(51-&"(,/.)&2%&51)#1-',3&2%&')%?1,+&;(,#(;6%'&)("F.,%'-+8
d8&S*(,1-&,(7-(#*.,&:&()*(&5'%&;16%"&'#*%/&-'&,(?"1-&'"%5'-8&S-&()*(&7.',*(&0%"'5%#&-'&.53&1"0(&#."01#(&/($%#.-1-&?4"0%,%%&2%& jQ338&Z&K;%,%*1-3&#',(8;+,+)(2*(&*,1;1-&'0.,5%*&*,'?(&01;+&)%"(3&;,%"&;(,%);%,%*3&"%/(-1-&)1;(,%.,&'-&#.,;1-1%&/%*'-3&2%&'"15(&#(-&7.,5'*
!"5'?'F%"('F+&!"&5(5.,%(&(L;(,%("6(-(&*,(#1*1-1%8 05 & (*(, & ,(7-(#*., & 2% & (*(, & -15%"+8 &I#(')*+ & (/'0',( & 4,(8-.#87+,+ & ,1;(,(' & -(?+*1,%%8(L%)*("*( & !"*,( & "%/(-1- & )1;(,%., & 2% & #(- & %"7(,%., & '-
9,%"&1,5',(&#.,;1-&".)*,1&7%F%#&()*(&'-#+*1%*&0%"&5'*(,%(&7%F%#+&'7-'*+&!"&2';*(&)*+,%A&#(-(&*,(%&)*+,%&#$%5%#(&:&).-%0+3&-%#$%0+&2%& #.,;1-1%&/%*'-8&J%/(-1-&%"7(,%.,3&7.,5'*&0%"&(*(,&/%*'-&2%&(*(,&#$%5%#3&,+54"(&!"&#."*%"1',(&!"&*,';8&!"&#'F1-&#4"0&)(&;,.01#(&,1;*1,'
?'F.')+&:&2%&;'*,1&)*+,%&(*(,%#(&:&"(#1".)#1*(&!"#+&0(&2*%%"6'&'#*1'-+8 5*,(&'#()*(&0.1+&"%/(-(3&)1,/%"(&5.',*('&@%.-.?%#+8 =
VV >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&C,%7'&#',*( ?2,418&;%M%#&'8&27181% VW

.#('"1-&0(&7-1%0&(*(,%#&(L%)*("*&!"&=1,1-&)+13&'@).',@(&.&#'"*%*'*(&0%"&'#()*&7-1%03&;("*,1&':2%&!"-.#1%& I#()*(&0.1+&7(-1,%&0(&5'*(,%%:7.,6(e"1&)(&;.*&*,'")7.,5'&1"'&!"&'-*'8&S-(&)1"*&0(.)(@%*(&2%&,(;,(F%"*+&
;',*%#1-(-(&1F'*(&;,%"&71"#6%."',('&-.,8 7.,6(-(&;,%"&#',(&)(&5'"%7()*+&!")12%&H,('*.,1-3&7.,6(-(&;,%"&#',(&S-&5%2#+&2%&1"%7%#+&*.*1-8&9,%"&1,5',(&
9,%"&5'?"(*%F',(3&)(&;,.01#(&.&)(;',',(&!"*,(&*,1;&2%&);%,%*8&C(&.&;',*(&,+54"(&*,1;1-&!5;,(1"+& /%*'-%*'*('&)'1&#1,("*1-&0(&/%'6+&!"*,(6%"(&/%'6'&0(&;,(*1*%"0("%3&0(#%&2%&0(&;(&9+54"*8&o+,+&#1,("*1-&
#1&"%/(-1-&%"7(,%.,&'-&#.,;1-1%&/%*'-3&%',&0(&#('-'-*+&;',*(3&);%,%*1-&#1&;(,%);%,%*1-&)+1&2%&#1&"%/(-1-& /%*'-3 & #.,;1,%-( & /%(61%*.',( & 0( & ;( & ;-'"(*' & ".')*,+3 & 2% & 0%" & !"*,('?' & #,('6%(3 & ', & ,+54"( & "(5%2#'*(3&
)1;(,%.,&'-&#.,;1-1%&/%*'-8&!"&'#()*&#'F3&);%,%*1-&)(&#.5;.,*+&#'&2%&#15&',&7%&-%@(,&!"&);'6%13&0(2%&(-&)(& "()%56%*.',(3&7+,+&/%'6+8&!")12%&?-.@1-&".)*,13&#'&0(&'-*7(-&*.'*(&?-.@1,%-(&0%"&#.)5.)3&',&;%(,%3&):',&
?+)(2*(&*.*&!"&*,1;3&)'1&;,('&;16%"&%(2%*&!"&'7','&-1%8&a&')(5("('&)(;',',(&2%&.&(/'0',(&;',6%'-+&'& 7+,45%6'3&;1-/(,%F'&2%&*,'")7.,5'&!"&7-1%03&!"&5'*(,%'&;,%5+3&;,%5.,0%'-+8
);%,%*1-1%&',(&-.#&2%&!"&*%5;1-&'"()*(F%(%8&!"&'#()*&#'F&)(&;.'*(&#%.;4,6%&*,1;1-&7+,+&#'&'#()*'&)+&)17(,(3& U'*(,%'&/%*'-+&()*(&.&)1@)*'"6+&"+)#1*+&!"&%"7%"%*'*('&5%-("%%-.,3&;,%"&!")+2%&(/.-16%' &;81%5181%&
!"*,1#4*&#.,;1-&;-'"(*',&:&)(0%1-&)(")%@%-%*+6%%&2%&)("F'6%%-.,&;-+#1*(&)'1&01,(,.')(&:&'&(/'0'*&!5;,(1"+& 4,%72,5%'89&9,%"&1,5',(3&('&()*(&7.,6'&#',(&.,0."('F+&5'*(,%'&7%F%#+3&0(*(,5%"4"0&5%"(,'-(-(&)+&)(&
#1&);%,%*1-&;(&#',(&!-&!"#."=.',+8 #,%)*'-%F(F(&!"&'"15%*(&7.,5(3&;-'"*(-(&)+&'%@+&'"15%*+&#1-.',(3&!"7+6%2',(&2%&5+,%5(3&'"%5'-(-(&)+&
P.*1-3&5',(-(&2%&5%#1-3&%5;(,7(#*1-3&#'&2%&)1@-%51-3&)1"*&7.,5'*(&0%"&5'*(,%%&0(&?,'0(&0%7(,%*(&0(& #,(')#+&2%&)+&!5@,'#(&.&/',%(*'*(&0(&7.,5(8&o+,+&'#(')*+&5'*(,%(:7.,6+3&7+,+&'#(')*+&/%'6+3&#(-1-(-(&
/%@,'6%(8&P.*1-&;,./%"(&0%"&'#(-'2%&1"%#&(*(,3&#',(&;(&5+)1,+&#(&):'&!"0(;+,*'*&0(&H("*,1-&#,('6%(%&2%:'& *,1;1-1%&".)*,1&"1&',&5'%&7%&-(?'*(&1"(-(&0(&'-*(-(3&;("*,1&'&7.,5'&6()1*1,%3&.,?'"(3&)%)*(5(&2%&';','*(8&
!"#(*%"%*&/%@,'6%'3&%',&(*(,1-&0(/("%"0&0%"&#(&!"&#(&5'%&#.5;'#*3&5'%&0(")3&5'%&,(#(3&'&*,(#1*&!"&)*',(& P.'*(&7%%"6(-(&0(&;(&)1;,'7'6'&;+54"*1-1%&2%&0(&;(&)1;,'7'6'&%"7%"%*(-.,&#.,;1,%&#(,(2*%3&!2%&0'*.,()#&
?'F.')+3&-%#$%0+&2%&'&)74,2%*&;,%"&'&)(&).-%0%7%#'8 /%'6' & '#()*(%& 5'*(,%%:7.,6+3 &'#()*(%&5'*(,%%:/%'6+3& )1@)*'"6+ & 7-1%0%#+& ,'0%'*.',( & 0(& /%'6+3& 0%"&o.,6'&
C(;',*(3&!"&'04"#1-&#(,1-1%&;(&#',(:<&'05%,+5&!"&".;6%-(&0(&/',+3&)(&'7-+&.&)7(,+&'&#+,(%&5+,%5(& %"7%"%*&0(&5',(&'&H,('*.,1-1%&#,('*.,%-.,8
!"*,(#(&;(&'&.,%#+,(%'&0%"&#(-(&;'*,1&1"%/(,)1,%8&I#(')*'&()*(&@;(,'6:'A&2,'*2,&'&*.*&#(&/(0(5&2%&"1& P.*&#(&(&;16%"3&"1&(&0(&'=1")&:&()*(&,+18&P.*&#(&(&;,('&51-*3&()*(&!")+&2%&5'%&,+18&H4"03&!"&*.*'-%*'*('&)'3&
/(0(53&'&*.*&#(&2*%5&2%&"1&2*%53&)7(,'&0%"&#',(&;-('#+&);%,%*1-&:&;("*,1&'&(/.-1'&)(#.-(&"()74,2%*(3&01;+& .,?'"%)51-&#.,;1-1%&/%*'-&71"#6%."('F+&"(,(?1-'*&)'1&"(',5."%#3&'@).,@%"0&0%"&5(0%1-&!"#."=1,+*.,&
#',(&)(&!"*.',#(&-'&H("*,1-&#,('*.,3&;("*,1&'&;.,"%&%',+2%&-'&0,153&);,(&.&".1+&(*';+&(/.-1*%/+8&C%"& ;,('&51-*&)'1&;,('&;16%"3&)(&!5@.-"+/(2*(&2%&*,1;1-3&#',(&)*+&)1@&0(;("0("6'&-1%8&I)*7(-3&*,1;1-&
'#(')*+&)7(,+&;.,"()#&:&0%"&/(2"%#%(&2%&!"&/(2"%#%'&#',(&/'&/("%&:&!"&7%(#',(&0%"&#(-(&;'*,1&1"%/(,)1,%3& )-+@(2*(3&;%(,0(&;1*(,(&7%F%#+3&.@.)(2*(&12.,3&!%&#,(2*(&*(5;(,'*1,'3&;4"+&#4"0&!"*,:.&F%3&!"#(*('F+&)+&
0.% & #1,("6%<& #1 & . & /%*(F+ & 0(.)(@%* & 0( & 5',( & -' & !"#(;1*3 & ;',#1,?4"0 & . & *,'%(#*.,%( & );%,'-'*+3& 5'%&71"#6%."(F(8&I*1"#%3&'#*%/%*'*('&-1%&!"#(*4"03&)(&F%#(&#+&'&51,%*8
%"#.5(")1,'@%-+8&I#(2*%&#1,("6%&/%"&2%&!"7+2.',+&#(-(&;'*,1&1"%/(,)1,%3&.@-%?4"01:-(&-'&.&,.*'6%(&!"& I#(')*+&5'*(,%(&/%(3&'#(')*+&7.,6+&0(&/%'6+&#(&%"*,+&2%&)(&,+);4"0(2*(&!"&*,1;1-&".)*,13&;+*,1"0(&
=1,1-&'L(%&-.,3&')(5("('&,.6%-.,&1"1%&'"?,("'=3&)%-%*(&)+&)(&!"/4,*(')#+&0(&.&#1,('&0(&*,'")5%)%(8&!"& ;4"+&-'&1-*%5'&#(-1-+3&)(&71,%2('F+&!"&%"*(,%.,1-&(%&2%&;,(F%0('F+&*.'*+&)(,%'&0(&7(".5("(&7%F%#(&2%&
'#(-'2%&*%5;&#(-(&;'*,1&1"%/(,)1,%&)1"*&;1,*'*(&0(&#(%&0.%&#1,("6%3&!"*,:.&5%2#',(&0(&,(/.-16%(&!"&=1,1-& #$%5%#(&#(&'1&-.#&!"&)4"1-&(%3&'#*%/4"0&;,(7'#(,('&'-%5("*(-.,&!"&)1@)*'"6(&')%5%-'@%-(&2%&'&'#()*.,'&!"&
K7(,(%:G'@.,'*.,8 )1@)*'"6+&;,.*.;-')5'*%#+3&%',&;(&0(&'-*+&;',*(&#."*,%@1%"0&-'&;,(7'#(,('&2%&(-%5%"',('&)1@)*'"6(-.,&
H4"0 & '#(2*% & #1,("6% & : & 1"1- & 0( & "'*1,+ & (-(#*,%#+ & 2% & '-*1- & 0( & "'*1,+ & 5'?"(*%#+ & h & '=1"? & -' & )7(,'& #',(&"1&5'%&7.-.)()#&-'&/%'6'&#(-1-(%8
1"%/(,)1,%-.,3&0();,%"0&#4*(&.&,'51,+&#',(&;+*,1"0(&!"&7%(#',(&1"%/(,)8&a&0'*+&%"*,'6%&!"&#(-(&;'*,1& H1,("*1-&0(& /%'6+& ).)%*& -'& K.',(3& 01;+&#(&;,%5(2*(& *."'-%*'*('&/%@,'*.,%(&'& (/.-16%(%& ')*,1-1%&
)7(,(:1"%/(,)3&.#.-()#&7%(#',(&)*('&)'1&)%)*(5&;-'"(*',3&-(&0(*(,5%"+&)+&)(&!"/4,*(')#+&!"&=1,1-&'L(%&-.,& ".)*,13&)(&!"0,(';*+&0(&=1,&!5;,(=1,1-&!5;+,+6%(%&K.',(-1%&;4"+&-'&1-*%51-&)+1&)-1=%*.,&2%&#.;%-3&;4"+&-'&
2%&!"&'#(-'2%&*%5;&-(&;.',*+&;(&.&*,'%(#*.,%(&(-%;*%#+3&0(&-'&;(,%7(,%'&)7(,(%:1"%/(,)&);,(&#("*,1&2%&!"';.%8& #('&5'%&!"0(;+,*'*+&;-'"(*+&"+)#1*+&0%"&(-&:&;-'"(*'&9-1*.8
I;.%&;+,+)()#&'#()*&)%)*(5&;(,%7(,%#&;("*,1&'&*,(#(&,4"0&;(&,4"0&-'&#(-(&%"*(,5(0%',(&2%3&!"&7%"(3& 9("*,1&".%3&.'5("%%3&#'&2%&;("*,1&*.'*(&/%(61%*.',(-(&;+54"*1-1%3&).',(-(&()*(&#.,;1-&0+*+*.,&0(&
'=1"?4"0&-'&#(-(&5'%&';,.;%'*(&0(&#("*,18&H1,("*1-&#',(&'&!"#."=1,'*&1"&).',(&)(&'@'*(&,4"0&;(&,4"0&-'& -15%"+3&#+-01,+&2%&/%'6+8&o+,+&(-3&;+54"*1-&',&7%&#1;,%")&0(&1"&7,%?&!"?,.F%*.,3&7+,+&(-3&.,%#(&/%'6+&',&
7%(#',(&;-'"(*+&'&'#(-1%&)%)*(5&).-',3&%5;,%54"01:-(&2%&'#()*.,'&0.1+&5%2#+,%3&1"'&0(&,.*'6%(&!"&=1,1-& !"#(*'8&a5("%,('&"1&2*%(&0(&(L%)*("6'&#1,("*1-1%&#.)5%#3&#%&0.',&0(&#(-&;(&#',(&!-&/(0(&2%&!-&)%5*(3&#(-&
'L(%&-.,&2%&'-*'&0(&,(/.-16%(&!"&=1,1-&).',(-1%&-.,8&9(&5+)1,+&#(&)(&!"0(;+,*('F+&0(&H("*,13&#1,("*1-& /("%*&0(&-'&K.',(3&1"0(&*,."('F+&5',('&G15%"+&:&o%1-&%1@%*&'-&P'*+-1%&#(,()#3&K*+;4"1-&2%&%1@%*.,1-&
(-(#*,%#&2%&5'?"(*%#&!2%&!"#(*%"(2*(&/%*(F'&2%&0(/%"(&0%"&#(&!"&#(&5'%&0(")&2%&5'%&;16%"&'#*%/8&C1;+&#(& ".)*,1&U4"*1%*.,8
#1,("*1-&#.)5%#&:&(-(#*,%#&2%&5'?"(*%#&:&'&)*,+@+*1*&*.'*(&1"%/(,)1,%-(3&*.'*(&)%)*(5(-(&).-',(&2%&*.'*(& G'&*,(#(,('&)'&;,%"&K.',(3&#1,("*1-&/%*'-&;,%5(2*(&!"#+&,'0%'6%%-(&7-1%0%#(&'-(&K7%"*(%&P,(%5%&).-',(3&
;-'"(*(-(3&)(&!"*.',#(&;(&.&'-*+&*,'%(#*.,%(&);%,'-'*+3&!"&H("*,1-&#,('6%(%3&!"&K7(,':G'@.,'*.,3 &;("*,1&'&7%& #."01#+*.',('&(/.-16%(%&'&*.*&#(&()*(&!"&)%)*(51-&".)*,18&K.)%*&')*7(-&!"&;,('=5'&9+54"*1-1%3&'#()*1%&
!5;,.);+*'*&#1&.&".1+&5'*(,%(&7-1%0%#+3&*,%5%)+&0%"&".1&)+&!"*,(6%"+&5%2#',('&2%&/%'6'&!"*,(?%%&#,('6%%8 #1,("*&%&)(&5'%&'0'1?+&,'F(-(&)*,+-1#%*.',(&'-(&K7%"*(%&P,(%5%&;-'"(*',(3&#."01#+*.',('&9+54"*1-1%3&
H(%&0.%&#1,("6%&:&(-(#*,%#&2%&5'?"(*%#&:&'1&#'-%*+6%&%"7%"%*(3&7%%"0&!"&5+)1,+&)+&;,.01#+&.&%"7%"%*'*(& ;(&#',(&!-&!"7+2.',+&2%&!-&/%/%7%#+&)'1&!%&0+&/%'6+8
0( & (7(#*(8 & H1,("*1- & (-(#*,%#3 &(8(#*,%#%*'*('/ &/' & 0' & "'2*(,( & -' & -15%"+3 & #+-01,+3 & 5%2#',( & 2% & )1"(-8& 9,%"&1,5',(3&#1,("*1-&/%*'-&/("%*&-'&)1;,'7'6'&;+54"*1-1%&#1;,%"0(&5'*(,%%&7-1%0%#(&0(&-'&P'*+-&
H1,("*1- & 5'?"(*%#3 &7'-"(*%)718/ &/' & ?("(,' & #.5@%"'6%% & #$%5%#(3 & 7(".5("( & 7%F%#(3 & /%*'-%*'*( & 2%& #(,()#3&0(&-'&o%1-&0%/%"&2%&0(&-'&K74"*1-&C1$8
)+"+*'*(8&C%"&'#(')*+&#'1F+&5'?"(*%)51-&5'%&()*(&"15%*&#1,("*18&5(&0%'.+/&#1,("*18&0%*'8/&%',&.#1-*%2*%%& U'*(,%'&/%*'-+3&,%)%;%*+&!"&*.'*(&;+,6%-(&*,1;1-1%3&)(&7%L('F+&5'%&'-()&!"=1,'%&"(,/%-.,&2%&'&#("*,%-.,&
%"0%("%&-:'1&0("15%*&#1,("*1-&'7%"%*+6%%3&'-&?,'/%*'6%(%3&'-&)%5;'*%(%&!"*,(&.'5("%&:&#1,("*18&%1A%,%%9 "(,/.2%8&N,'6%(&5'*(,%(%&/%*'-(3&"(1,."1-&*,'")5%*(&%5;,()%%-(&/("%*(&0%"&'7',+3&)1@&7.,5+&0(&/%@,'6%%3&
#',(&*,(#4"0&;,%"&;(,%);%,%*&'=1"?&-'&);%,%*Q&0(&-'&);%,%*3&;,%"&;(,%);%,%*3&;.,"()#&#.5("F%&-'&)%)*(51-&
#(,(@,.);%"'-&2%&0(&'%#%&-'&.,?'"(3&512#$%&(*#8&I2'0',3&51-615%*+&5'*(,%(%&/%*'-(3&.#$%%&/+03&1,(#$%-(&
'103&;%(-('&;%;+%(3&"')1-&5%,.')(&2%&-%5@'&?1)*+8
<
&C1;+&#15&/%'6'&.51-1%&()*(&!"*,(6%"1*+&0(&#1,("*1-&)'"?1%"3&!"&#.)5.)&)'1&#,('6%(&/%'6'&()*(&!"*,(6%"1*+&0(&#1,("6%&0(&-15%"+8 I#()*(%&5'*(,%%:/%'6+&%&)(&0'*.,('F+&7';*1-&#+&5%"(,'-1-3&!"&0(#1,)1-&/('#1,%-.,3&0(/%"(&5'%&)1@*%-3&
o.$'*&`("(,?%(3&7.,6+3&/%'6+b &,(;,(F%"*+ &)17-1-&)'1 &-15%"'&G.?.):1-1%3&5'"%7()*',(' &/%(6%%3&;,%"#%;%1- &;.F%*%/&)'1 &5')#1-%"&'-&
#.)5.)1-1%3&);,(&0(.)(@%,(&0(&5'*(,%'&#.)5%#+&`;,'],%*%b&:&;,%"#%;1-&"(?'*%/&)'1&7(5%"%"8&o.$'*&()*(&;.-("1-3&);(,5'&#.)5%#+3&#(&
)(&#,%)*'-%F('F+&2%3&5'%&*4,F%13&)(&*,'")7.,5+&!"*,:1"&5%"(,'-3&#1&.&#.5;.F%6%(&'*.5%#+&5'%&@.?'*+&!"&
7(#1"0('F+&5'*(,%'&/%,?%"+&`;,'],%*%b3&F+5%)-%"0&#.)5.)1-3&#,('6%'&5'"%7()*'*+8&9,%"*,:.&(5'"'6%(&0(&%1@%,(3&;,%51-&G.?.)&7(#1"0('F+& (-(#*,."%&2%&;,.*."%3&1,#4"0&')*7(-&;(&.&*,(';*+&(/.-1*%/+&)1;(,%.',+8
5'*(,%'&/%,?%"+3&#,(4"0&1"&/%03&1"&/.,*(L3&.&(51-)%(&0(&@1-(&!"&5'*(,%'&0(/("%*+&5'5+8&o%(#',(&@1-+&()*(&1"&.13&.&)7(,+&;-%"+&#1&/%'6+3& H1,("*1- & /%*'- & )'1 & 5'?"(*%# & #1;,%"0( & . & ?'5+ & /',%'*+ & 0( & 7-1%0( & 5'?"(*%#(3 & "(#()',( & *1*1,.,&
#.")*%*1%"0&1,F('-'&#.)5.)1-1%3&1"%/(,)1,%-.,3&')*,(-.,3&;-'"(*(-.,3&'*.5%-.,&(*#8 *,(;*(-.,&(/.-1*%/(&'-(&;-'"(*(-.,3&).,%-.,&2%& 1"%/(,)1,%-.,8&I)*7(-3& )(&!"6(-(?(& #+& 7-1%01-&5'?"(*%#&
U'*(,%' &/%F%@%-+& ()*(& '@)("6' &5'*(,%(% &#.)5%#(&%"/%F%@%-(& `U1-';,'],%*%b3 &.&?'1,+ &)#1-;*'*+& 0(& ("(,?%(3&0( &o.$'*3& !"& 5'*(,%'&
%"/%F%@%-+8&U'*(,%'&/%F%@%-+&.&;1*(5&#.5;','&#1&@1-(-(&0(&'(,&'7-'*(&!"&';+3&#',(&!"&'#()*&#'F&,(;,(F%"*+&5'*(,%'&%"/%F%@%-+8&I#()*(&@1-(& 5%"(,'-&',(&.&#'-%*'*(&2%&0(#%&.&/%@,'6%(&%"7(,%.',+&7-1%01-1%&5'?"(*%#&/(?'*'-8&C(&')(5("('3&7-1%01-&
)1"*&7.,5'*(&!"&#(-(&;'*,1&1"%/(,)1,%&0(&1"&/.,*(L3&/4,*(=&0(&("(,?%(&o.$'*3&#',(&!2%&5.0(-('F+&.&)7(,+3&7.,5('F+&1"&/%0&!"&5'*(,%'& 5'?"(*%#&'"%5'-&()*(&)1;(,%.,&7-1%01-1%&5'?"(*%#&/(?(*'-3&0',&%"7(,%.,&#(-1%&15'"8
#.)5%#+&%"/%F%@%-+8&T"%/(,)1,%-(&)1"*&)7(,(&)#1-;*'*(&!"&5'*(,%'&#.)5%#+&`U1-';,'],%*%b3&)%)*(5(-(&).-',(&)1"*&)7(,(&5.0(-'*(&0(&o.$'*& 9,%"&1,5',(3&1,#4"0&;(&)#','&(/.-16%(%3&.,?'"%F',('&#.,;1-1%&/%*'-&()*(&*.*&5'%&;(,7(#*'*+3&%',&
!"&5'*(,%'&1"%/(,)%#+&`;,'],%*%b&(*#8&9,%"&1,5',(3&)7(,':#.)5.)3&)7(,':1"%/(,)3&)7(,':).',(3&)7(,':;-'"(*+3&)7(,':'*.5&)1"*&5.0(-'*(&0(&
o.$'*&!"&0%/(,)(-(&)*+,%&'-(&5'*(,%(%&%"/%F%@%-(8 '#()*&#.,;&/%*'-3&-'&,4"01-&)+13&'=1*+&-'&#,(',('&2%&!"*,(6%"(,('&1"1%&*,1;&#4*&5'%&#.5;-%#'*3&)1;(,%.,&
T"1&!"&()("6'&)'3&o.$'*&0(/%"(&*,%;-13&)(;*1;-13&2%&1,54"0&-(?('&)(;*("',+&)(&0%/%0(&-'&%"7%"%*3&04"0&"'2*(,(3&!"&1"%/(,)1-&.@%(#*%/3& ;,%"&;(,#(;6%%-(&)'-(8
-'&0%7(,%*(-(&("(,?%&#."/(,*%@%-(&!"*,(&(-(A&(-(#*,%#%*'*(3&-15%"+3&#+-01,+3&)1"(*3&Z5%2#',(&(*#8&o.$'*&"1&()*(&K;%,%*1-3&G.?.):1-3&#%&(5'"'6%'&
G.?.):1-1%&#',(&-('?+&!"&5.0&%"0%).-1@%-&);%,%*1-&0(&5'*(,%(3&91,12'&0(&9,'],%*%8 #)))2#)))')3
H'@'-'&);1"(&0();,(&o.$'*&#+&()*(&B#'-1-&#+-+,%*&0(&?4"0E8
9( & -4"?+ & ("(,?%' & *,'")5%)+ & ;,%" & )4"?(3 & ;,.#()(-( & /%*'-( & '-( & .,?'"%)51-1% & 15'" & )1"* & 0.5%"'*( & 0( & ("(,?%( & "(,/.')+ & )'1&
5'?"(*%)58&a&7.,5+&0(&5'"%7()*',(&'&5'?"(*%)51-1%&()*(&9,'"'3&!"*4-"%*+&;(&*.'*(&;-'"1,%-(&#,('6%(%8&I#(')*+&[.%"6+&?1/(,"'*.',(& C1;+&#15&*,1;1-&',(&"(/.%(&0(&$,'"+&:&#'&)+&#,(')#+&2%&)+:2%&!"-.#1%')#+&;+,6%-(&1F'*(&:&2%&#.,;1-&
,(/+,)'*+&;,(*1*%"0("%&()*(&0("15%*+&0(&.#1-*%2*% &7'-"(*%)7&1"%0(,)'8/ &0(&#'@'-%2*%&: &F21, &E<<v3&,(;,(F("*4"0 &'1,18 &'-#$%5%2*%-.,3&
#'1M'&'*,'#.%(%&1"%0(,)'8(/&%1A%,('&')*,(82,9 /%*'-&'-&.51-1%&)(&$,+"(2*(3&'@).,@%"0&0%"&5(0%1-&!"#."=1,+*.,&5'*(,%(&/%*'-+3&;("*,1&!"-.#1%,('&#(-(%&
1F'*(&2%&(-%5%"'*(8&I#(')*+&'@).,@6%(&)(&7'#(&;,%"&'#*1-&,();%,'6%(%3&;,%"&;.,%%&;%(-%%&2%&.&0'*+&#1
VX >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&:&C,%7'&#',*( ?2,418&;%M%#&'8&27181% VY

%"?(,',('&'-%5("*(-.,3&#',(3&#'&.,%#(&5'*(,%(&7%F%#+3&)1"*&'"%5'*(&0(&7-1%0&/%*'-8&R")+&#.,;1-&/%*'-& 0()#$%0(,(&0%"&5%=-.#1-&)+18&9,.#()1-&()*(&')(5+"+*.,&#1&#(-&;(*,(#1*&-'&1"&');%,'*.,&(-(#*,%#3&#',(&
'@).',@(&#('&5'%&5',(&#'"*%*'*(&0(&5'*(,%(&/%*'-+&;,%"&.,?'"(-(&)'-(&);(#%'-(3&;(&#',(&-(&/.5&0()#,%(& '@).',@(&'(,1-&0%"*,:.&!"#+;(,(&2%:<&(-%5%"+&!"&'7',+8&C%"&#'1F'&,.*'6%(%&2%&'#151-+,%%&0(&7-1%0&/%*'-3&
"15'%0(#4*8 '#()*&0%)#&)(&','*+&)*,+-1#%*.,8
I@).,@6%'&:&0%,(#*+&)'1&%"0%,(#*+&:&0(&/%*'-%*'*(&)(&7'#(&!"&5.0&0%7(,%*3&01;+&#."0%6%%-(&5(0%1-1%& o-1%01-&'@).,@%*&()*(&!"0,(;*'*&!"&%"*(,%.,1-&#.,;1-1%&/%*'-&;("*,1&'&'#6%."'3&7+,+&.;,%,(3&')1;,'&
!"#."=1,+*.,8 &I)*7(-3 & #4"0 & );'6%1- & ()*( & 5'% & -15%".)3 & #'"*%*'*(' & 0(& 5'*(,%( & /%*'-+ & 7%%"0 & 5'% & 5',(3& 0%7(,%*(-.,&.,?'"(3&6()1*1,%&2%&#(-1-(&'-(&*,1;1-1%8&o-1%01-&/%*'-&-1#,('F+&')1;,'&7%(#+,1%&.,?'"&0',&#1&
'@).,@6%'&()*(&5'%&'#*%/+3&;,%"&1,5',(3&;1*(,%-(&2%&71"#6%%-(&#.,;1-1%&/%*'-&)1"*&2%&(-(&5'%&'#*%/(8&H4"0& ;,(;."0(,("6+&')1;,'&)%)*(51-1%&#(,(@,.);%"'-3&#("*,1-&0(&#.5'"0+&'-&*,1;1-1%8
!")+& #(,1-&()*(&!"".,'*3& 2%&!"& );(#%'-&".';*('3&#4"0&()*(&!"*1"(,%#3&'@).,@6%'&()*(&5'% &,(01)+8 & H'& T"&)%)*(5&#(,(@,'-&@%"(&!"/+-1%*&2%&;+*,1")&0(&5'*(,%'&/%*'-+&)(&'7-+&!"&0(;-%"+&71"#6%1"(&2%&5'%&
1,5',(3&*,1;1-&;,%5%"0&1"&%5;1-)&5'%&5%#3&;1*(,%-(&)'-(3&/%*'-%*'*('&-1%&)1"*&5'%&,(01)(8&R'*+&!"6(-()1-& '-()&!"&)*',(&0(&'&;,%5%&%5(%8(6%7'-%"%&/("%*(&0(&-'&);%,%*3&2%&0(&'&-(&%5;,%5'&;(&5%#(-%%-(&;,.*.;-')5(%&
0%);.F%6%(%&".')*,(&)17-(*(2*%&:&5'%&@1"+&/','3&#4"0&(&).',(&2%&-15%"+3&2%&*,%)*(6('&)'1&%"0%);.F%6%'&%',"'& #(-1-(-.,&"(,/.')(8&K%)*(51-&#(,(@,'-&@%"(&'-#+*1%*&2%&#."01)&0(&#.,;1-&/%*'-&)(&@1#1,+&0(&.&5(5.,%(&
(L#(-("*+3&7%(&!"&)*',(&0(&/(?$(3&7%(&0(&).5"8
)'1&#4"0&/,(5('&()*(&!"#$%)+8&I2'0',3&)17-(*1-&()*(&%"7-1("6'*&0(&%")*,15("*(-(&'/1*(&-'&0%);.F%6%( &:&
a,%#(&;(,#(;6%(&/%F1'-+3&'10%*%/+3&*'#*%-+3&.-7'#*%#+&2%&?1)*'*%/+&0%"&*%5;1-&F%-(%3&)(&%5;,%5+&!"&
#.,;1-&/%*'-&2%&*,1;1-8 ;(,%);%,%*&)1@&7.,5+&0(&%5'?%"%&,('-(&)'1&)%5@.-%#(3&0(&0%5(")%1"%&1-*,'5%#,.)#.;%#(3&*,%5%)(&!"&
9(,).'"(-(&#1&/(0(,('&);%,%*1'-+&/+0&;,%"&'(,&.&;1F0(,%(&0(&;',*%#1-(&-15%".')(&'7-'*(&!"*,:.& '#(-'2%&*%5;&0(&;(,%);%,%*&;(&#.,*(L3&;("*,1&'&)(&%5;,%5'&2%&0(;1"(&!"&5%#(-%%-(&#(-1-(-.,&)'-(8
#."*%"1+&5%2#',(&)'1&/%@,'6%(3&7%%"0&5'%&/%F%@%-(&!"&F%-(-(&#1&).',(3&#1&51-*+&-15%".F%*'*(8&I#()*(& R"&*%5;1-&".;6%%3&);%,%*1-&:&!"#."=1,'*&0(&;(,%);%,%*&)'1&)17-(*&:&,(*,+?4"01:)(&0%"&*,1;3&/(0(3&'10(&
%"7%"%*(&;1"#*1-(6(&-15%".')(&)1"*&'?-.5(,+,%&0(&;',*%#1-(&0%"&7-1%01-&5'?"(*%#&)'1&/%*'-8 2%&)%5*(&*.*&#(&(L%)*+&!"&-15('&(*(,%#+8&I#()*(&;(,#(;6%%3&'-(&1".,&01$1,%&)'1&7.,5(&(*(,%#(3&)1"*&
H'"*%*'*('&0(&5'*(,%(&/%*'-+&'@).,@%*+&F%1'3&'@%'&7'#(&7'6+&"(/.%-.,&*,1;1-1%3&'7-'*&!"*,:.&#."*%"1+& *,'")5%)( & 0( & ;(,%);%,%* & )%)*(51-1% & #(,(@,'-3 & ;,%" &#2,52"18 & ;81%5%# &#',(:< & -('?+ & 0( & #.,;1- & /%*'-3&
'#*%/%*'*(8&C%"&'#(')*+&#'1F+3&#+*,(&)(',+&"(&)%56%5&.@.)%6%8&J.';*('3&'#*%/%*'*('&*,1;1-1%&)(&,(01#(3& %5;,%54"01:)(&!"&#(-1-(-(&)'-(&"(,/.')(&')(5("('&%5'?%"%-.,&;,%5%*(3&0(&-'&-15('&5'*(,%(%&7%F%#(3&
#.")151-&0(&5'*(,%(&/%*'-+&7%%"0&5'%&5%#8&I@).,@%"0&!"&#."*%"1',(&7-1%0&/%*'-3&#.,;1-&/%*'-&'#151-('F+& ;,%"&.,?'"(-(&0(&)%568
5',%&#'"*%*+6%&0(&5'*(,%(&/%*'-+3&5.*%/&;("*,1&#',(&0%5%"('6'3&01;+&.0%$"'&".;6%%3&.51-&)(&)%5*(& H15&)%)*(51-&#(,(@,'-&0%7(,+&0(&-'&.5&-'&.53&#15&;1*(,('&0(&,(#(;6%(&'&);%,%*1-1%&0%7(,+3&%',+2%3&
0%);1)&)17-(*(2*(&2%&#';'@%-&)+&,(!"#(';+&'#*%/%*'*('&7%F%#+&)'1&%"*(-(#*1'-+8&I2'0',3&F%1'&#.")15+5& 0(&-'&);%,%*&-'&);%,%*3&01;+&?,'01-&)+1&0(&(/.-16%(3&)(&!"6(-(?(&#+&2%&%5;,%5',('&%5'?%"%-.,3&5'%&'-()&'&
5'%&51-*&0(#4*&'#151-+53&".';*('3&!")+&#42*%?1-&()*(&5'%&5',(&0(#4*&#.")151-8 #(-.,&(*(,%#(3&)(&/'&7'#(&-'&1"%%&7.',*(&;1*(,"%#3&-'&'-6%%&5'%&)-'@3&%',&-'&'-6%%&'*4*&0(&"(@1-.)3&!"#4*&-'&
!"#.,;.,',('&7-1%01-1%&/%*'-&()*(&5'%&'5;-+&!"&;,%5'&;',*(&'&".;6%%&2%&5'%&,(01)+&#+*,(&F%1+8& 0(2*(;*',('&0%"&).5"3&#.,*(L1-&"1&5'%&;.'*(&,(0'&"%5%#&#."2*%%"6(%&0(&F%8&R'*+&5.*%/1-&;("*,1&#',(&
9.;.,1-&'&#."#,(*%F'*&'#()*&'0(/+,3&);1"4"0A&BT"&).5"&0(&.&.,+&!"'%"*(&0(&5%(F1-&".;6%%&7'#(&#4*& 1"%%&.'5("%&,(6%"&;(,7(#*3&)1@&7.,5+&0(&)%5@.-1,%3&0(&/%)(3&#+-+*.,%%-(&2%&(L;(,%("6(-(&-.,&0%"&*%5;1-&
0.1+&#+*,(&F%1+E8&!"&'&0.1'&;',*(&'&".;6%%3&#4"0&/%*'-%*'*('&()*(&5'%&,(01)+3&);%,%*1-&51,%@1"01-1%& ).5"1-1%&*,1;1-1%3&%',&5'=.,%*'*('&"1:2%&'5%"*()#&0(#4*&7,'?5("*(8&H'1F'&,(F%0+&(/%0("*&!"&#'-%*'*('&
;+,+)(2*(&*,1;1-&)+1&.@.)%*&)'1&@.-"'/8 )%)*(51-1%&#(,(@,'-3&!"&?,'01-&0(&(/.-16%(&'-&);%,%*1-1%3&0',&!"*,:.&@1"+&5+)1,+&2%&!"&#'-%*'*('&#.,;1-1%&
K;%,%*1-&".)*,1&)(&)%5*(&7(,%#%*&!"&-15('&5'*(,%(%&7%F%#(3&#4"0&',(&-'&0%);.F%6%(&%")*,15("*(&!"& /%*'-3&#',(&7'#(&-(?+*1,'&0%"*,(&;(,%);%,%*&2%&)%)*(51-&#(,(@,.);%"'-3&0%"*,(&)17-(*&2%&*,1;8
;-%"+&;1*(,(&2%&'#*%/%*'*(8&a51-&()*(&5'%&)(")%@%-&2%&5'%&!"6(-(?+*.,&#4"0&)(&'7-+&-'&.&*(5;(,'*1,+& H1,("*1- & 0( & 5'*(,%( & /%*'-+ & '@).,@%* & 0( & #("*,1- & );-("%# & )( & ;,(#%;%*+ & ;(,;("0%#1-', & ;( & #("*,1-&
;.*,%/%*+3&0(#4*&!"&#."0%6%%&0(&#+-01,+&.,%&7,%?&(L'?(,'*8 0%)#1-1%8&a&;',*(&0%"&(-&;+*,1"0(&!"&#.,;1-&/%*'-3&0%,%=4"01:)(&!"&);(#%'-&#+*,(&)%)*(51-&#(,(@,.);%"'-3&
!"*,:'0(/+,3 & !" & ,(?%1"%-( & (#1'*.,%'-(3 & (-(#*,%#%*'*(' & 0%" & '*5.)7(,+ & 7%%"0 & 7.',*( & 5',(3 & #,(2*(& %',&.&'-*+&;',*(&.&;.,"(2*(&;','-(-&#1&)1;,'7'6'&#.,;1-1%&/%*'-3&'0%#+&!"&)(")1-&#(-.,&2')(&;(*'-(&'-(&
*(5;(,'*1,'&2%&-15%".F%*'*('8&H+-01,'&(L'?(,'*+&!5;%(0%#+&/%*'-%F',('&*,1;1-1%Q&5.*%/&;("*,1&#',(& 0%)#1-1%3&7.,54"0&')*7(-&2')(&#1,("6%&*'"?("6%'-%3&#',(&)(&!"0,(';*+&#+*,(&*.'*(&;+,6%-(&#.,;1-1%&/%*'-3&
.51-&"1 & ;.'*(& ?4"0%3 &)%56% & 2%& -1#,' &@%"(&!" &,(?%1"%-(&#1&*(5;(,'*1,+&;,(' &,%0%#'*+8 &K%*1'6%'&()*(& 0',&5'%&'-()&);,(&#(-(-'-*(&2')(&#("*,(&/%*'-(3&;("*,1&'&-(&)*%51-'8
')(5+"+*.',(&!"&,(?%1"%-(&;.-',(3&1"0(&0'*.,%*+&-15%"%%&)-'@(&2%&'&*(5;(,'*1,%%&7.',*(&)#+F1*(3&'@).,@6%'& C'*.,%*+&'#()*.,&2')(&#1,("6%&,'0%'-%&)(&"'2*(&;,%"&%"01#6%(&1"&#1,("*&#%,#1-',3&#',(&*,(#(&.&0'*+&;(&
0(&5'*(,%(&/%*'-+&()*(&0%7%#%-+&2%&%")17%#%("*+3&)%)*(51-&#(,(@,'-&'7-4"01:)(&!"&%5;.)%@%-%*'*('&0(&'& 0(')1;,'&1"(%&;(*'-(3&';.%&;(&0(0()1@*1-&;(*'-(%&/(#%"(3&1"01%"01:)(&')(5("('&"1%(-(-.,&0(&,+#$%*+3&
!",(?%)*,'&#1&7%0(-%*'*(&%0(%-(&(5%)(&0(&);%,%*8 0(&;(&71"01-&1"1%&#.23&#(&!5;-(*()#&@(6(-(&'2(F'*(&,'0%'-3&')(5("('&);%6(-.,&1"(%&,.6%8
9,%"&1,5',(3&(-(#*,%#%*'*('&5.0(,'*+&7'/.,%F('F+&/%*'-%*'*('&#.,;1-1%&/%*'-&2%&!"&5.0&%"0%,(#*&'& C%)#1-&0(&-'&@'F'&#.-.'"(%&/(,*(@,'-(&',(&d&;(*'-(3&0%)#1-&);-("%#&^&;(*'-(3&0%)#1-&.5@%-%#'-&<q&
*,1;1-1%8&!")+&.&#'"*%*'*(&;,('&5',(&)'1&;,('&5%#+&0(&(-(#*,%#%*'*(&!5;%(0%#+&'#*%/%*'*('&#.,;1-1%&/%*'-8 ;(*'-(3&0%)#1-&%"%5%%&<d&;(*'-(3Q&0%)#1-&-',%"?%'"&<^&;(*'-(3&0%)#1-&0%"*,(&);,4"#("(&s^&0(&;(*'-(3&%',&
#(-&0%"&#,(2*(*1-&#';1-1%&<sq&0(&;(*'-(8
C1;+&#15&-15%"'&).',(-1%&;',(&1"%#+&2%&0(&#1-.',(&'-@+3&*.*&')*7(-&#1,("*1-&/%*'-&()*(&'-@8&C',&
2*%5&#+&,'F'&0(&-15%"+&).-',+&*,(#1*+&;,%"*,:1"&#,%)*'-&)(&0()#.5;1"(&!"*,:1"&);(#*,1&7.,5'*&0%"*,:.&
H("*,(-(&0(&'#*%/%*'*(&'-(&#.,;1-1%&/%*'- )1##()%1"(&0(&2';*(&@("F%&#.-.,'*(3&!"#(;4"0&#1&,.21&2%&)74,2%"0&#1&/%.-(*8&C(&')(5("('3&#1,("*1-&
/%*'-&'@).,@%*&0(&#("*,1-&);-("%#&)(&0()7'#(&!"&2';*(&#1-.,%8
H1,("*1- &#',(& ;+*,1"0(& 0%,(#*& 2%& ;(,;("0%#1-',& ;(& 0%)# & : &'"%54"0& )%)*(51- & "(,/.) & #("*,'-& 2%&
P.'*(&;+,6%-(&*,1;1-1%&".)*,1&)1"*&%5;.,*'"*(3&*.'*(&)1"*&"(#()',(&1"(%&@1"(&/%(61%,%3&0',&1"(-(& ;(,%7(,%#&:&',(&#1-.',('&,.F3&')(5("('&1"1%&*,'"0'7%,8&H(%-'-6%&2')(&#1,("6%3&0(&#1-.,%&0%7(,%*(3&';1#+&
)1"*&%"0%);(")'@%-(8&I)*7(-3&)(&;.'*(&*,+%&7+,+&1"&;%#%.,3&.&54"+ A&)'1&1"&,%"%#$%3&0',&"1&)(&;.'*(&*,+%& 7%(#',(&;(&#4*(&1"'&0%"&#(-(&2')(&;(*'-(&'-(&#("*,1-1%&);-("%#3Z&')*7(-A&;(&.&;(*'-+&#1,?(&#1,("*1-&/%*'-&
7+,+&%"%5+&)'1&7%#'*8&H1&'-*(&#1/%"*(3&(L%)*+&.&)#',+&%(,',$%#+&'&%5;.,*'"6(%&0%"*,(&0%7(,%*(-(&;+,6%& ,.213&;(&'&0.1'&;.,*.#'-%13&;(&'&*,(%'&?'-@("3&;(&'&;'*,'&/(,0(3&;(&'&#%"#('&'-@')*,1&2%&;(&'&2')('&
#.5;."("*(&'-(&*,1;1-1%8 /%.-(*8&&88A8
G'&7(-& )(& !"*45;-+&2%& #1&/($%#.-1-&/%*'-8& C(2%&()*(&7.,5'*&0%"&'#(('2%&5'*(,%(3&*.*12%&(-&()*(& I=1"?4"0&-'&0()*%"'6%'&-.,3&'#(2*%&#1,("6%&)(&0%71F('F+&!"&*.*&#.,;1-&/%*'-3&0',&!"&);(#%'-&!"&=1,1-&
.,?'"%F'*3&'0%#+&!"&1"(-(&F."(&5'*(,%'&)'&()*(&5'%&7%"+3&04"0&"'2*(,(&1".,&#("*,(&)'1&.,?'"(3&'7-'*(& #("*,(-.,&/%*'-(3&;("*,1&'&-(&;1"(&#4"0/'&!"*,:.&5%2#',(&0(&,.*'6%(8&G'&!"#(;1*3&#4"0&.51-&()*(&'*,')&
!"*,:.&/%@,'6%(3&!"*,:.&'#*%/%*'*(&#(&0(;+2(2*(&;(&#('&'&#.,;1-1%&/%*'-&!"&'")'5@-18 0(&5%,'=1-&7.,6(-.,&2%&-1#,1,%-.,&;+54"*(2*%3&'#()*(&#("*,(&)(&5%2#+&7.',*(&!"#(*8&C',3&0'#+&.51-&/'&
H-',/+F+*.,%%&/+0&-'&)1;,'7'6'&#.,;1-1%&/%*'-&0%)#1,%&)'1&,.F(*(&0(&70*,5'&1".,&5%#%&7',71,%.',(3& !"7+;*1%&#4*&5'%&51-*&@%"(&!"&=1,1-&)+1&2%&/'&!5;-%"%&*.'*(&#(,%"6(-(&5.,'-(3&#("*,(-(&/%*'-(&%"*,+&!"*,:.&
#1&5%=-.#1-&)#.@%*&2%&;16%"&'04"#%6%3&'/4"0&0%'5(*,1-&!"*,(&<:X&#("*%5(*,%8 5%2#',(&0(.)(@%*&0(&,';%0+3&'@).,@%"0&2%&(%&0%,(#*&0%"&);'6%1&7-1%01-&#.,();1"F+*.,3&!"#+,#4"0&')*7(-&
I#()*(&,.F(*(&)'1&0%)#1,%&)1"*&#("*,(-(&0(&'@).,@6%(&'-(&7-1%01-1%&/%*'-&0%"&5(0%1-&!"#."=1,+*.,8& #1&5',%&#'"*%*+6%&0(&7-1%0&#.,;1-&/%*'-8
S-(&)1"*&!"&"15+,&0(&2';*(3&;.F%6%."'*(&')*7(-A&<8&-'&@'F'&#.-.'"(%&/(,*(@,'-(Q&V8&!"&0,(;*1-&);-%"(%Q&X8& H.,;1-&/%*'-&)(&1F('F+&!"0(;-%"%"01:2%&,.-1-&0(&.,?'"%F'*.,&'-&/%(6%%&2%&'#*%/%*+6%%&*1*1,.,&.,?'"(-.,
0(')1;,'&.5@%-%#1-1%Q&d8&!"&0,(;*1-&%"%5%%Q&\8&!"&0,(;*1-&71,#%%&?4*1-1%Q&^8&!"&0,(;*1-&);'6%1-1%&0%"*,(& 0%"&*,1;8&9',*%#1-(-(&)'-(&/("%"0&!"&#."*'#*&%"*%5&#1&5'*(,%'&#',"'-+3&)17(,+&.&)-+@%,(&'&#'-%*+6%-.,
);,4"#("(Q&_8&!"&0,(;*1-&#,(2*(*1-1%&#';1-1%8 /%*'-(3&5.*%/&;("*,1&#',(&*,(@1%(3&*,(;*'*3&(-%5%"'*(3&;,%"&;.,%%&;%(-%%&2%&(L*,(5%*+6%-(&*,1;1-1%&:&#';3
G'&5'=.,%*'*('&.'5("%-.,3&0%"*,(&'#()*(&2';*(&#("*,(&"15'%&1"'&()*(<&!"*,:.&'#*%/%*'*(&%"*(")+3&2%& 54%"%&2%&;%#%.',(8 8Zj888:
'"15(&#('&0%"&0,(;*1-&);-%"(%3&#(-(-'-*(&'@%'&)(&!"/4,*()#&)'1&-'&1"%%&#$%',&)*'1&;(&-.#8 a'5("%%&)(&%"7-1("6('F+1"%%&;(&'-6%%&;,%"&7-1%0(-(&(5'"'*(&0%"&7%%"6'&-.,3A#1&*.'*(&#+&'#()*(&7-1%0(&
9,%/%*&0(&;(,).'"(-(&5'?"(*%F'*(&2%&5'%&'-()8&0(&#(-(&#-',/+F+*.',(3&#("*,1-&);-("%#&',(&');(#*1-& "18)(3/+03&U(,?4"0&!"*,:.&/%F%*+&2%&)*4"0&-4"?+&.&;(,).'"+3&0(2%&'"*,("'*&!"*,:.A&0%)#16%(&%"*(,()'"*+3&
1"(%&7-.,%&#1&2')(&;(*'-(8&S-&)(&,.*(2*(&0(&-'&)*4"?'&);,(&0,(';*'3&#1&.&/%*(F+&0(.)(@%*+8&9,%"&'#(')*+& .51-&)%5*(&#(/'&"(0(7%"%*3&#(/'&#(:<&"(51-615(2*(8&9-('#+&%"0%);1)&0%"&'#('&/%F%*+3&2%&@%(*1-&.5&)(
!"/4,*%,(&)(&;,.01#(&1"&).,@3&#',(&'*,'?(&0%"&5(0%1-&'5@%'"*&7-1%0&/%*'-3&!"0,(;*'*&#+*,(&.&5%#+
VZ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&C,%7'&#',*( ?2,418&;%M%#&'8&27181% V[

!"*,('@+&#(&.&7%&#1&(-8&J1&?+)(2*(&"%#%&.&(L;-%#'6%(3&0',&)%5*(&1"&(7(#*&"(?'*%/&')1;,'&)'8&H'1F'&'#()*(%& I5&);1)&#+&'#(')*+&;+*1,+&(*(,%#+&;,.*(#*.',(&"1&)(&/(0(3&"1&)(&)%5*(&2%&('&*.*12%&(L%)*+8&H'&
"(51-615%,%&()*(&7-1%01-&/(#%"1-1%&)+18&I#('&;(,).'"+3& '/4"0&.&/%'6+&;,('&-15(')#+3& .&#."01%*+& ;,.@+&'&(L%)*("6(%&)'-(&)1"*&0(5.")*,'6%%-(&7'#$%,%-.,&%"0%("%3&#',(&;,%"&;1*(,('&/.%"6(%&2%&'&%5'?%"'6%(%&
(#$%/.#+3&.&#."#(;6%(&0(&*,'%&;,('&-(?'*+&0(&@1"1,%-(&;+54"*1-1%3&()*(&;-%"+&0(&7-1%0(&0(&;(&*,(';*'& -.,3&#,(4"01:2%&'#(')*+&!"/(-%*.',(&;,.*(#*.',(3&;.*&)*,+@'*(&;,%"&7-+#+,%3&)'1&)(&;.*&#1-#'&;(&=+,'*(#3&
#(-.,&%"7(,%.',(8&S'&(5'"+3&#'&2%&.&).@+3&(7-1/%%&%"/%F%@%-(3&#',(&!"/+-1%(&2%&;+*,1"0&#.,;1-&/%*'-&'-& 7+,+&#'&7.#1-&)+&-(&;,.01#+&/,(.&',)1,+3&7+,+&)+&)%5*+&/,(.&01,(,(8
#(-.,&0%"&;,('=5+8&I#()*(&(7-1/%%&-1#,('F+&')1;,'&*,1;1-1%&:&2%&(-&;,.)*&%"7-1("6'*&:&%',&);%,%*1-3&,()%5*(& C'#+&".%3&.'5("%%3&"1&)1"*(5&;,(?+*%6%&0(#4*&;("*,1&-15('&7%F%#+3&*(,()*,+3&7+,+&)+&;1*(5&!",(?%)*,'&
'#(')*+&%"7-1("6+&"(".,.#%*+8&R'*+&!"6(-()1-&0(;,()%1"%%&)17-(*(2*%8 7(".5("(-(&(*(,%#(3&"1&!")('5"+&#+&(-(&"1&(L%)*+8&o';*(-(&-(&0(5.")*,('F+3&2%&.51-3&#1&.&=10(#'*+&
a'5("%%&)(&!"#',#+&!"*,(&(%3&!"&5.0&0%,(#*3&#1&7-1%0(&0(&#'-%*'*(&%"7(,%.',+8&I*5.)7(,'&7-1%0%#+&'& ;1)+&!"&)-1=@'&'"'-%F+,%%&'#()*.,&7(".5("(3&*,(@1%(&)+&)(&;-(#(8&!"&7'6'&7';*(-.,8
)+-%-.,&0(&);(#*'#.-3&*('*,13&#."7(,%"6+&(*#3&"(&)#'-0+&#1&7-1%0(-(&-.,3&0(&#(-(&5'%&51-*(&.,%&0(&#'-%*'*(& SL%)*+&;(,).'"(&#1&1"&*,1;&)+"+*.)&2%&1"&#.,;&/%*'-&!"&0(;-%"+&'#*%/%*'*(&:&%")*,15("*(&'05%,'@%-(&
=.')+8&H46%8.'5("%&'1&%"*,'*&!"&'#()*(&)+-%M&H4*(&)17-(*(&=.)"%#(3&;-%"(&0(&/%#%%&0(&*.*&7(-1-3&'1&)*'*&;(& '-(&1"1%&);%,%*&(/.-1'*&:&'/4"0&#';'#%*'*('&)+&'@).',@+&#1&;1*(,(&#'"*%*+6%&5',%&0(&7-1%0&/%*'-3&')*7(-&
)#'1"(-(&'#(-('M&P.*1-&0%"&'#('&)'-+&:&;(,(6%3&;.0(-(3&7.*.-%%&:&()*(&;+)*,+*.,&'-&7-1%0(-.,&0(?'='*(&0(& !"#4* & )1"* & '0(/+,'6% & '#151-'*.,% & 5'?"(*%#%8 &I#()*( & ;(,).'"( & %"7-1("6('F+ & ;( & #(% & #1 & #',( & /%" & !"&
51-6%5('&#',(&'&7,(#/("*'*&)'-'&,();(#*%/+8 #."*'#*3&;,.01#4"0&!"&(%&.&%"*(")+&'*,'#6%(&2%&)%5;'*%(8&!"&'#(-'2%&*%5;3&'#(2*%&.'5("%&'1&7'#1-*'*('&0(&
I#(')*+&%"7-1("6+&"(7(,%#%*+&')1;,'&".')*,+&',(&-.#&2%&#4"0&#+-+*.,%"0&!"&'-*(&-.#'-%*+6%&)1"*(5& '&/%"0(#'3&;,%"&?4"01-3&;,%/%,('&)'1&'*%"?(,('&-.,8&9,%"&/.%"6+3&(%&,(/',)+&0%"&@(-21?1-&-.,&0(&7-1%0&
"(/.%6% & )+ & 0.,5%5 & !"*,:1" & $.*(-8 & H'5(,'3 & 5.@%-%(,1-3 & )'-*(-(-(3 & ;'*1- & )1"* & !5@%@'*( & #1 & 7-1%0(-(& 5'?"(*%#&')1;,'&1"1%&.5&)17(,%"03&;,.01#4"0&',5."%(&!"&#.,;1-&)+1&/%*'-3&#',(3&-'&,4"01-&)+1&/'&
0%7(,%*(-.,&;(,).'"(&#',(&'1&;.;.)%*&;,%"&(-(8 !")+"+*.2%&*,1;1-&0(@%-%F'*&0(&@.'-+8&I)*7(-&)(&;,.01#&/%"0(#+,%&5%,'#1-.')(3&0(&#+*,(&5(0%15%&"15%6%&
P,(#(,('&;,%"&7'6'&1"1%&'@'*.,3&'&1"(%&#4,#%15%3&'&1"1%&-.#'-&0(&*.-(,'"6+3&2(0(,('&;,%"&)+-%-(&0(& 0%"5(#+*2,%9
=.#1,%&:&1"0(&)17-(*(-(&'1&7.)*&F@1#%15'*(&0(&0.,%"6'&#42*%?1-1%&.,%&0(&*,%)*(6('&;%(,0(,%-.,&:&"(&!"#',#+& !"&'#(')*+&.;(,+&)1@-%5+&0(&%1@%,(3&0(&/%"0(#',(3&!"&'7',+&0(&';.,*1-&'#()*.,&;(,).'"(3&)(&'0'1?+&
#1&7-1%0(&0(&#'-%*'*(&%"7(,%.',+&2%&?,(13&7.',*(&?,(1&"(&;1,%7%#+5&0(&(-(8 2%& 7-1%01-&,(/+,)'*&0%"&);'6%1&0(& '"15%*(& 5',%& ("*%*+6%& );%,%*1'-(3& "15%*( &7(5%#%&)4'.%'8%9 &o-1%01-&
C1;+&#15&)*4"0&!"*,:.&*+@+#+,%(3&.&@1#+*+,%(3&.,%&.&7'@,%#+&0(&#.-.,'"6%3&0%7(,%*(&?'F(&#1&1"&5%,.)& 5(0%#%-.,&);'6%'-%&01;+&#(&'&7.)*&'@).,@%*&0(&.51-&/%"0(#+*.,&()*(&15'"%F'*&2%&';.%&)(&)#1,?(&;,%"&
"(;-+#1*&!5@%@+&$'%"(-(3&;+,1-&)'1&;%(-('&".')*,+&2%&51-*+&/,(5(&"1&)#+;+5&0(&(-(3&*.*&')*7(-&7-1%0(-(& 54%"%-(&2%&.#$%%&-1%3&;()*(&.51-&)17(,%"08&j
'"%"'*(&0(&7%%"6'&".')*,+&)(&0();,%"0&*4,F%1&0(&;(&".%&2%&0%"&".%8 9-'"*(-(&2%&'"%5'-(-(&'@).,@&2%&(-(&/%*'-%*'*(3&0',&1*%-%F',('&-.,&()*(&5'%&,(01)+&0(#4*&-'&.58&
a3&2%&0'#+&',&7%&"15'%&'*4*M&C',&!"#+,#'6%&#1&'#(')*+&5'*(,%(&(*(,%#+&0(&#'-%*'*(&%"7(,%.',+3&"(& C%"*,(&*.'*(&;-'"*(-(3&@,'01-&2%&','1#',%'&'1&#(-(&5'%&5',%&;1*(,%&0(&'@).,@6%(&2%&(-%5%"',(8&R'*+&0(&#(&
*,'")7.,5+5&!"&5'?"(6%&#(&'*,'?& 7%%"6(&2%&01$1,%3&0(&-'&@'F'&)#+,%%&15'"%*+6%%3&("*%*+6%&%"7(,%.',(& ;+01,%-(&0(&@,'F%&)1"*&0+*+*.',(&0(&)+"+*'*(3&0(&7.,6+&/%*'-+3&5'%&'-()&@.-"'/%-.,&0(&"(,/%8
#+,.,'&-(&;-'#&'#()*(&7-1%0(&5%F(,'@%-(8&9,(F("6'&-.,3&!"*,:1"&"15+,&5'%&5',(&)'1&54%&5%#3&#."*,%@1%(& G' &1" & .5&)+"+*.)3 & #1,("6%% & /%*'-%& #( &%()& ;,%" &;.,%%&*,1;1-1%& )1"*& ;(,;("0%#1-',%&;(& )1;,'7'6'&
2% & 5'% & 51-* & -' & %"7(#*',(' & ".')*,+8 & H.,;1- & -., & ;(,%);%,%*1'- & 7%%"0 & 0( & #(' & 5'% & =.')+ & #'-%*'*(3 & "(& '#()*1%'8&C%"&'#(')*+&#'1F+&#('6'3&)'1&'1,'&0%"&=1,1-&*,1;1-1%&)+13&)(&','*+&)*,%'*+8&H4"0&8.51-&()*(&
@.5@',0('F+&#1&7-1%0(-(&-.,&'##("*14"01:"(&.*,+/%,('8 @.-"'/&)'1&0(@%-3&;,%"&".;6%&"(0.,5%*(3&;,%"&51"#+&(L#()%/+&)'1&0(;,()%%&)17-(*(2*%3&-%"%%-(&0(&(L;1-F',(&
P.*12%3& "(/.%-(& /%(6%%& "(&*4,+)#& ;,%"& '#()*( & -.#'-1,%3 &F%)( &0(& 0%)*,'#6%( &: & *('*,13 &#%"(5'*.?,'73& :&)*,%5(,%%&:&)1"*&';-(#'*(3&)1@&1"&1"?$%&.',(#',(3&7'6+&0(&)1;,'7'6'&*,1;1-1%8
'*("(18&!"&'#()*&#'F&)(&,(#.5'"0+&#'&#(-&;16%"&#4*&)*+5&!"&'#()*(&-.#1,%&)+&"(&#,(+5&.&!"/(-%*.',(& c'0%'6%%-(&7-1%0%#(&;1*(,"%#(&,();%"?&.,%#(&5%#,.@&'7-'*&!"&'*5.)7(,'&0%"&=1,1-&#.,;1-1%&7%F%#3&*.*&
;,.*(#*.',( & -' & (L*(,%.,1- & #.,;1-1% & 7%F%#8 & R" & '#()* & )#.;3 & !" & 5.5("*1- & #4"0 & ;+2%5 & ;,'?1- & '#()*.,& '2'&#15&512*(-(&)1"*&!"0(;+,*'*(&0(&1"8&/("*%-'*.,8&H4"0&!")+&,'0%'6%%-(&7-1%0%#(&)1"*&)-'@(3&.@)*'#.-1-&
-.#'-1,%3&"(&.;,%5&2%&7+,+&)+&"(&?4"0%5&-'&'-*#(/'3&'01"+53&5("*'-3&0%"&'*5.)7(,+3&0%"&);'6%13&7-1%0(& 7%%"0&5%#3&5%#,.@%%&;+*,1"0&!"&*,1;&5'%&'-()&;,%"&#+%-(&,();%,'*.,%%&2%&.51-&#'0(&@.-"'/8
@("(7%#( & 2% & -( & '2(F+5 & !" & =1,1- & ".)*,13 & 7.,54"0 & . & !"/(-%*.',( & -15%".')+3 & . & #.'=+ & )*,+-1#%*.',( & 2%& 9(,).'"(-(&0.*'*(&#1&0',1-&/(0(,%%&);%,%*1'-(&/+03&0(&=1,&!5;,(=1,1-&.51-1%3&(5'"'6%%&7-1%0%#(&5'%&
;,.*(#*.',(8&J1&()*(&/%F%@%-+3&"1&.&;1*(5&;%;+%&0',&('&*.*12%&(L%)*+8&C(&'#153&?,'6%(&'#()*(%&!"/(-%*.',(& %"*(")(&;,%"&.#$%3&;,%"&.,%7%#%%-(&"'F'-(3&'-(&1,(#$%-.,&2%&;,%"&/4,71-&0(?(*(-.,&0(&-'&54"+8
7-1%0%#(&)1;(,%.',(3&"1&/.,&5'%&;+*,1"0(&!"&#.,;1-&".)*,1&/%*'-&7-1%0(-(&0(&#'-%*'*(&%"7(,%.',+8&H.,;1-& a,%#4*&0(&1F'*(&',&7%&'#()*(&,'0%'6%%&7-1%0%#(3&0'#+&;.,"()#&0%"*,:T"&#.,;&/%?1,.)3&;(,7(#*&)+"+*.)3&
".)*,1&/%*'-&/'&7%&)*,+@+*1*&"15'%&0(&7-1%0(&)1;(,%.',(&;(&#',(&-(&');%,+&;("*,1&5("%,('&)'3&2%&0(&#',(&(& ;.*&#."*,%@1%&-'&)+"+*'*('&2%&/%?.',('&1"1%&#.,;&0(@%-&)'1&)-+@%*&0(&@.'-+3&"15'%&;,%"&';,.;%(,('&#(-.,&
!")(*'*&;,%"&"'*1,'&)'8&I#(')*+&!"/(-%*.',(&"(&';+,+&"1&"15'%&0(&.&;,.')*+&%"7-1("6+3&0',&2%&0(&71,*1-&0(& 0.1+&#.,;1,%8&o-1%01-&,(/+,)'*&0(&#.,;1-&)+"+*.)&/'&7%&'@).,@%*&0(&#(-&0(@%-3&)%56%"01:)(&')*7(-&5'%&
/%*'-%*'*(&0%"&;',*('&#(-.,&)+,'#%&!"&('&.,%&'&#(-.,&@.-"'/%8 0%);1)3&)'13&@.-"'/&7%%"03&)(&/'&!")+"+*.2%8
J1&(&@%"(&#'&1"&.5&)+"+*.)&)+&0.',5+&!"&'#(-'2%&;'*&#1&1"&@.-"'/3&#+#%&7-1%01-&)+1&/%*'-&/'&7%&
[%*'-%*'*('3&7-1%01-&5'?"(*%#3&()*(&-'&0%);.F%6%'&.,%#+,1%&/%(61%*.,3&!"&#'"*%*+6%&%"7%"%*(3&#+#%&1"& '@).,@%*&#1&*.'*+&;1*(,('&0(&#(-&@.-"'/3&)+,'#&!"&7-1%0&/%*'-8&C(&')(5("('83&"1&(&@%"(&#'&1"&#.;%-&)+&
#1,("*&1,%'2&).)(2*(&5(,(1&-'&)1;,'7'6'&;+54"*1-1%&0%"&K7(,'&0%/%"+3&G'@.,'*.,1-&*1*1,.,&#,('6%%-.,8& 0.',5+&!"&;'*&#1&.&;(,).'"+&5'%&!"&/4,)*+&0(.',(#(&#.,;1-&/%*'-&'-&#(-1%&@+*,4"&/'&'@).,@%3&%"#."2*%("*&
C',&01;+&#15&(L%)*+&%"0%/%F%&#',(&5+"4"#+&0%"&'@1"0("6+3&0',&')%5%-('F+&;,('&;16%"3&*.*&')*7(-&(L%)*+& 2%&%")(F%F'@%-3&)+"+*'*(3&7-1%0&/%*'-&0%"&#.,;1-&/%*'-&'-&#.;%-1-1%3&'&#+,1%&#,(2*(,(&2%&0(F/.-*',(&/'&7%&
.'5("%&#',(&0(2%&'1&-'&0%);.F%6%(&*.*&#(&-(&*,(@1%(3&"1&)1"*&#';'@%-%&)+&'@).',@+3&2%&5'%&'-()&)+&,(6%"+3& -("*+&2%&%")17%#%("*+8
2%&)+&1*%-%F(F(&7-1%01-&/%*'-&'@).,@%*8&H.,;1-&-.,&/%*'-&"1&;.'*(&;,.01#(&'#('&/%@,'6%(&#',(&)+&)*%51-(F(&
#(-1-(-(&*,1;1-1%&-.,8 &'''''('''''24

I)(5("('& .'5("%3&-%;)%6%&0(&7-1%0&/%*'-3&("*%*+6%&);%,%*1'-(&-%;)%*(&0(& ;1*(,('&0(&'&%5;,%5'&.&


'"15%*+ & /%@,'6%( & 5'*(,%(% & /%*'-( & '@).,@%*(3 & )1"* & '0(/+,'*( & ;.5;( & ');%,'*.',(8 & S% & #'1*+3 & !" & 5.0& >*%5&0(='&#+&#(-&5'%&0(&=.)&#("*,1&0(&7.,6+&/%*'-+&'-&#.,;1-1%&(*(,%#&()*(&'2(F'*&-'&@'F'&5+01/(%&
%"#."2*%("*3&)+&'@).',@+&7-1%01-&'-*.,&.'5("%3&7+,+&#'&'#(2*%'&)+:2%&0('&)('5'8 );%"+,%%8&I#()*&#("*,1&'-&%1@%,%%&*,1;(2*%3&',(&;'*,1&,'F(3&2%&#4"0&()*(&!"&,.*'6%(3&)(&','*+&)1@&.&#1-.',(&
I#15&)(/'&!"6(-(?(&2%&5'%&@%"(&0(&#(3&0(&#4*(&.,%&%"*,+5&!"&#'5(,'&1"1%&@.-"'/3&0(&#4*(&.,%& ,.2%(:;.,*.#'-%(&)'1&#1-.',('&7.#1-1%8
!"*4-"%5&1"&.5&0(@%-3& .,%&)*+5& !"&/(#%"+*'*('&1"(%& ;(,).'"(&"(,/.')(3&'/(5& "(';+,'*&"(/.%(&0(& !"&0,(;*1-&.5@%-%#1-1%&)(&'7-+&;(&)1;,'7'6'&#.,;1-1%&/%*'-&#("*,1-&.5@%-%#'-3&'/4"0&.&#1-.',(&,.2%(&
!"/(-%21-&;,.*(#*.,&'5%"*%*&5'%&)1)8&!"/(-%21-&'#()*'&"(&5'%&';+,+&2%&0(&5%-%',0(-(&0(&1"0(:?4"01,%& #1 & ,(7-(L( & /(,F%3 & 7%%"0 & /+F1* & 0( & -1#%F% & !" & 5.5("*1- & #4"0 & )( & '7-+ & !" & '#*%/%*'*(8 & S- & '"%5+ & ;',*('&
#',(&)*,+@'*&/+F01$1-&!"&-1"?&2%&!"&-'*3&!"&)1)&)'1&!"&=.)3&2%&#',(&*,(#4"0&;,%"&*,1;1-&2%&5("*'-1-&".)*,13& %"7(,%.',+&'&*,1;1-1%3&!"&);(#%'-&)%)*(51-&0%?()*%/3&#1&?-'"0(-(&)'-(&'"(L(&:&7%#'*1-&2%&;'"#,(')1-&:2%&
/'-1,%:/'-1,%3&)*4,"()#&%0(%&%0("*%#(3&;.5("%"01:"(&#1&?4"01,%&7+,+&)(")3&7+,+&"%#%&.&-(?+*1,+&-.?%#+& )%)*(51-&1,%"',&)'1&(L#,(*.,3&7.,5'*&0%"&,%"%#$%&2%&#+%-(&1,%"',(8
!"*,(&(-(3&"+)#1*(&#'&0%"&)("%"&!"&5%"*('&".')*,+&*,1;(')#+8&S-(&"1&)1"*&%0(%&"+)#1*(&0%"&);%,%*1-& C(')1;,'&#("*,1-1%&.5@%-%#'-&)(&?+)(2*(&#("*,1-&%"%5%%3&',+*4"01:)(&-1#%F%-.,3&!"&5.5("*(-(&0(&u&
".)*,13&#'&.&1,5',(&'&'#*%/%*+6%%&)'-(&;,.;,%%3&#%&)1"*&.&#.")(#%"6+&'&%0(%-.,&/("%*(&0(&'%1,('3&?("(,'*( '#*%/%*'*(3&)1@&.&#1-.',(&'1,%(8&91-)'6%%-(3&0%')*.-'3&)%)*.-'3&2%&,(;'1)1-&%"%5%%&)(&'7-+&)1@&%"7-1("6'&Z&
0(&'-*(&("*%*+6%8 '#()*1%&#("*,18&I#*%/%*'*('&%"*(")+&'&#("*,1-1%&%"%5%%&()*(&1"&%"0%#%1&#+&01$1-&'#(-1%&.5&()*(&!"#-%"'*&
C',3&5'%&*,%)*&()*(&#+3&0(2%&0%"&7%,(&)1"*(5&)(,%.2%3&0(2%&;,%"&(01#'6%(&)1"*(5&5.,'-%3&0(2%&;,%"& );,(&);%,%*1'-%*'*(3&);,(&;,.@-(5(-(&7%-.).7%#(&'-(&/%(6%%&);%,%*1'-(8
%")*,1#6%(&)1"*(5&!"6(-(?+*.,%3&"(&;.5("%5&#+&?4"0%5&-'&'#*(&,(;,.@'@%-(3&-'&#.5@%"'6%%&=.)"%#(3&-'& U'%&=.)&0(&-',%"?(3&';,.L%5'*%/&!"&0,(;*1-&)#.@%*1,%%&;(&#',(&.&7.,5('F+&?4*1-&#1&)*(,"1-&2%&.')(-(&
;-+#(,%&'"%5'-%#(8&H4"0&"(&.;,%5&0%"&#1,)1-&7+,+&)74,2%*&'-&?4"01,%-.,&2%&'"'-%F+5&#(('&#(&'5&?4"0%*3& #-'/%#1-',(&)(&'7-+&#("*,1-&-',%"?%'"8&S-&)(&','*+&)1@&.&#1-.',(&'-@+)*,1%(&#1&,(7-(L(&'-@(3&',?%"*%%3&#'&
"(&5%,+5&0(&1"0(&"(:'1&/("%*&!"&#';&')(5("('&?4"01,%&#.51"(8 '#(-('&'-(&-1"%%&;-%"(&;(&-1#%1-&';(%8
N,'6%(&!"/(-%21-1%&7-1%0%#&;,.*(#*.,&;1*(5&7%&7(,%6%&0(&'#()*(&1"0(:?4"01,%3&#(&)*,+@'*&);'6%%-(&!"& I-&2')(-('&#("*,1&)(&'7-+&!"*,(&);,4"#("(&2%&',(&.&#1-.',(&'-@')*,+:/%.-'#((8&U'L%51-&)+1&0(&
7%(#',(&5.5("*3&#+#%&5%-%',0(-(&0(&("*%*+6%&);%,%*1'-(&!"*,1;'*(&#'&2%&#(-(&0()*,1;'*(&0%"&=1,1-&;+54"*1-1%& '#*%/%*'*(&#."7(,+&.51-1%&/(0(,('&(*(,%#+3&/(0(,('&-15%%&%"/%F%@%-(&'&);'6%%-.,8
?("(,('F+&"(#."*("%*&?4"01,%&#',(&"(#1,5'*&@'*&-'&;.',*'&)17-(*1-1%&".)*,18
V\ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&:&C,%7'&#',*( ?2,418&;%M%#&+8&27181% VT

I-&2';*(-('&#("*,13&#(-&0(')1;,'&#';1-1%3&',(&.&51-6%5(&0(&,'F(&2%&)(&;,(F%"*+&#(-.,&#1&/(0(,('& #(-1-+&.,?'"%)51-&7%F%#&'/1*&.0%"%.',+3&#1&*.'*(&.,?'"(-(&2%&';','*(-(&)'-(3&#1&'-*(&#1/%"*(3&1"&.5&
);%,%*1'-+&)1@&.&#1-.',(&'-@+&)*,+-1#%*.',(3&')(5("('&).',(-1%8&I#()*&#("*,1&#."7(,+&7(,%#%*1-1%&#',(&!-& 0()+/4,2%*8&a&0'*+&.;(,'6%'&*(,5%"'*+&2%&5'%&';.%&#.").-%0'*+&;,%"&,(;(*+,%3&1"&')(5("('&.53&/("%*&
',(&!"&'#*%/%*'*(&#';'#%*'*('&0(&'&)(&!"0(;+,*'&0(&*,1;1-&)+13&#'&);%,%*3&2%&0(&'&'/('&0(;-%"'&#."2*%%"6+&'& 0%"&H(,3&!"&5%=-.#1-&')%)*("6(%3&)(&;.'*(&5%2#'3&;.'*(&/.,@%3&0'")'3&#4"*'&0%"&/.#(&)'1&-'&1"&%")*,15("*3&
;(,#(;6%%-.,&/%F1'-(&2%&'10%*%/(&0%"&-15('&);'6%%-.,3&,(6%"4"01:-(&;(,7(#*&!"&5%"*('&*,1;(')#+3&01;+& #1&'-*(&#1/%"*(&)(&#.5;.,*+&#'&1"&.5&"+)#1*&0%"&;4"*(#(-(&5'5(%&)'-(&;+54"*(2*%3&'/4"0&*.'*(&
,(!"*.',#(,('&!"&*,1;8 7'#1-*+6%-(&%"*(-(#*1'-(&0%"&!"*,1;',('&)'&;,(#(0("*+8
P.'*(&#.,;1,%-(3&*.'*(&!"/(-%21,%-(3&)1"*&)1@&0(;("0("6'&)'1&%"7-1("6'&);%,%*1-1%8&H1&/.%"6+3&;,%"*,: I#(')*' & ()*( & .;(,' & #(' & 5'% & )1@-%5+ & ;( & #',( & 2%:. & ;.'*( & %5'?%"' & 1" & .53 & ()*( & )15' & *1*1,.,&
.&/%'6+&#1,'*+&2%&;,%"&(L(,#%6%%&,(?1-'*&,(;(*'*(3&,(12%5&)+&;1"(5&!"&'#*%/%*'*(&#("*,1-&0%"&0,(;*1-&@'F(%& 2*%%"6(-., & 0( & '#15 & 2% & 0%" & /(#%% & /(#%-.,Q & #1 & '#(')*+ & .#'F%( & '/4"0 & -.# & #(-( & 5'% & !"'-*( & 7(".5("(&
5+01/(%&);%"+,%%8&I#()*&#("*,13&.&0'*+&;1)&!"&,.*'6%(3&'@).',@(&7-1%0&/%*'-3&;(&#',(&!-&*,%5%*(&2(,;1%*.,& #$%5%#(3&7%F%#(&2%&@%.-.?%#(&0%"&*.*&1"%/(,)1-8
0(:'&-1"?1-&5+01/(%3&;4"+&-'&)%)*(51-&#(,(@,'-3&;4"+&-'&#("*,1-&0%"&#,(2*(*1-&#';1-1%3&!"&')#(")%1"('& U'*(,%' & #1 & #',( & )( & 7'# & ')(5("(' & .;(,( & ?,'"0%.')( & ()*( & !5;,151*'*+Z0( & -' & 5(0%153 & 0( & -'&
'#()*1%&#1,("*&0(&7.#3&.51-&)%5*(&.&#+-01,+3&#'&1"&7%,&#'-0&#(&;.,"(2*(&0(&=.)&!"&)1)3&!"&*.*&-1"?1-& ')%)*("6% & 2% & 0%" & );'6%18 &I1 & 7.)* & #'F1,% & #4"0 & ):' & #.")*'*'* & #+ & 01;+ & 5'*(,%'-%F',(3 & #.,;1- & 7%F%# & '-&
);'*(-1%3&;4"+&-'&#';8 5(0%151-1%&'&;%(,01*&0%"&!"+-6%5(&2%&?,(1*'*(8&T"(.,%&'#(')*+&.;(,'6%(&'&"(#()%*'*&0(5'*(,%'-%F',('&
9(,).'"(-(&#1&'0(/+,'*&#1".)#+*.',(&'-(&'#()*.,&5%)*(,(&"1&?+)()#&0()*1-(&#1/%"*(&)+&;,(/%"+&;(& 5(5@,(-.,&)'1&#$%',&'&*,1;1-1%&!"*,(?3&5(0%151-&0%);+,4"0&!"&'#()*&#'F&0%"&/+F1-&')%)*("6(%3&7.*.-%1-&
#(%&#',(&/.,&)+&7'#+&')(5("('&(L(,#%6%%&7+,+&;,(F("6'&2%&)7'*1,%-(&1"1%&%"%6%'*3&#+#%&0%"&@%"(7+#+*.,3& )+1&,+54"4"0&?.-8&G'&7%"(-(&2(0%"6(%3&#4"0&("*%*'*('&);%,%*1'-+&!2%&0(F@,'#+&$'%"'&5'*(,%'-%F'*+&2%&)(&
'#()*&#1,("*&;.'*(&;,./.#'&.&"(".,.#%,(3&',F4"0&6()1*1,%-(3&0(F.,?'"%F4"0&)%)*(51-&#(,(@,.);%"'-&2%& ,(*,'?(3&*,1;1-&5(0%151-1%&)(&,(7'#(3&,(';+,4"0&*,(;*'*&;(&7.*.-%18
'01#4"03&0'#+&"1&#$%',&5.',*('3&#1&)%?1,'"6+&;','-%F%'&.,%&"(@1"%'8 R"&*.*&*%5;1-&'#()*.,&5+,(6(&#,('6%%3&5(0%151-&0.',5(&%',&#."2*%%"6'&-1%&(&)1);("0'*+3&0(.',(#(&
H(-&0(#%)&-'&1"&')*7(-&0(&'"*,("'5("*&*,(@1%(&)+&'%@+&1"&#.,;&)+"+*.)&2%&.&/%'6+&;(,7(#*&5.,'-+8& );%,%*1-&)+13&!"#."=1,'*&0(&!"/(-%21,%-(&)'-(&;(,%);%,%*1'-(3&)(&'7-+&!"&'7',+3&!"&);'6%13&!"&'#(('2%&#'5(,+&
T,5',('&"(;,%#(;(,%%&5'%&()*(&#+&'#()*&#1,("*3&"(7%%"0&$.*+,4*&0%,%='*&5("*'-&!"&)1)3&.&;.'*(&';1#'&!"& 1"0(&',(&-.#&'#(')*+&.;(,'6%(&0%/%"+8
=.)3&);,(&.,?'"(-(&?("%*'-(&;(&#',(&-(&)1;,'(L#%*+3&2%&0%"&".,5'-&.51-&0(/%"(&.&@,1*+3&1"&5.")*,1& C'#+&;1*(,%-(&5(0%151-1%&)1"*&%")17%#%("*(&)'1&#4"0&("*%*+6%-(&);%,%*1'-(&0.,()#&)+:<&5("'=(F(3&
0(;,'/'*3&#',(&"1:2%&5'%&;.'*(&!"7,4"'&@(6%'&)%561-1%&)(L1'-8 (-(&7'#&(#.".5%(&0(&5'*(,%(&2%&("(,?%(3&5'*(,%'-%F4"0&0.',&54"'&)'1&#';1-&#(-1%&;(&#',(&/.,&)+:<&
!"/+6+*1,'&*,')+&0%"&"(7(,%#%,('&#(-.,&%5;,10("6%&)'1&"().#.*%6%&()*(&)+&"1&7.,6+5&"'*1,'8&S&5'%&@%"(& ,(;,.01#+8&a&')(5("('&5'*(,%'-%F',(&)(&"15(2*(&4',.%'8+9
)+ & -+)+5 & #1,) & (/.-16%(% & 7%,(2*%3 & )%-%"01:"( & ;( & #'-(' & 5.,'-+ & 2% & ;,%" & #,(0%"6+ & )+ & ?,+@%5 & ,%0%#',('& K:'1&/+F1*&#'F1,%&#4"0&.&54"+&5'*(,%'-%F'*+3&#(&)(&;%(,0('&-'&#.*&!"*,:.&#('6+&7-1%0%#+3&,%0%#'&1"&
);%,%*1-1% & ;( & *,(;*(-( & (/.-16%(%3 & (- & ;,.01#4"03 & !" & 5.0 & 0%,(#*3 & ;(,7(#6%."',(' & %")*,15("*(-., & )'-(8& )#'1"&)'1&)#,%'&;(&.&7.'%(&0(&$4,*%(&#1&1"&#,(%."&;1)&-'&!"0(54"+8&C(&')(5("('&):'&/+F1*&#15&0.1+&
[',%(*'*('&2%&"15+,1-&7(".5("(-.,&)17-(*(2*%&()*(&7.',*(&5',(8&R'*+&!"#+&1"1-e&I5&',+*'*&#+&!"&'7',+& 54%"%&#4"*'1&-'&;%'"&)'1&-'&.&5'"0.-%"+&#(&;-1*('&!"&);'6%1-&.0+%%8&I1&7.)*&5'*(,%'-%F+,%&7.*.?,'7%'*(3&
0(&;(,).'"(-(&)+,'#(&!"&7-1%0&/%*'-3&(L%)*+&;(,).'"(&@.?'*(&!"&7-1%0&5'?"(*%#3 &;(&#',(&!-&#(0('F+&#1& /+F4"01:)(&;(&;-'#'&7.*.?,'7%#+&7%%"6'&5'*(,%'-%F'*+&'-+*1,%&0(&5(0%151-&'0.,5%*8
121,%"6+8&!"&;'?%"%-(&'"*(,%.',(3&'5&/+F1*&#+&'#()*&7-1%0&/%*'-&;.'*(&7%&#.,1;*&0(&1"%%&.'5("%&)'1&0(& 9("*,1&#'&#(%&#',(&'1&/+F1*&')(5("('&7(".5("(&'-(&-15%%&);'6%'-(&)+&"1&)1)6%"+&#+&)1"*&0.',&
5(0%1-&'5@%'"*3&.,%&;.'*(&7%&'@).,@%*&0(&'-6%%8 %-1F%%3&'#()*(&54%"%&2%:'1&-+)'*&'5;,("*'&!"&;','7%"+&#'-0+3&#',(&7%%"0&';.%&15;-1*&#1&%;).)3&,(;,.01#(&
C',&'@).,@6%'&7-1%01-1%&/%*'-3&;.'*(&7%&(L(,#%*'*+&2%&0(&#+*,(&1"'&)'1&5'%&51-*(&("*%*+6%&);%,%*1'-(3& .&54"+3&#1:*.'*(&'5;,("*(-(&;%(-%%&2%&'-(&/("(-.,8
.'5("%&);'6%'-%Z3&);%,%*(&)'1&01$1,%&"(!"*,1;'*(8&a',(&#1&#(&)#.;&7'#&(-(&'#(')*+&.;(,'6%(D U',%-(&("*%*+6%&);%,%*1'-(&7'#&'#()*(&.;(,'6%%&)1@-%5(&0%"*,:1"&.,0%"&!"'-*3&;("*,1&'&',+*'&.5("%,%%&
9,%"&;1*(,('&-.,&);%,%*1'-+&'@).,@&'#(')*+&5'*(,%(&(*(,%#+3&!"/(#%"'*+&#1&5'*(,%'&7%F%#+&'&9+54"*1-1%3& #+&(L%)*+&1"&);%,%*&2%&#+&(-&()*(&"(51,%*.,8&K#.;1-&(/%0("6%(,%%&'#()*1%&5',(&'0(/+,&()*(&#'&.51-&)+&
;("*,1&#'3&01;+&#(&.&#."#("*,('F+3&)+&;,.01#+&0%7(,%*(&7(".5("(&0(&"'*1,+&*(,()*,+8&I)*7(-&;,.01#& 01#+&1"&*,'%&7%,()#3&0',&#1&.#$%%&2%&?4"01-&!"0,(;*'6%&5(,(1&);,(&H(,3&;("*,1&'&"1&?,(2%&2%&;("*,1&'&%1@%&
)1"(*(&#%.#+"%*1,%3&F?4,%(*1,%3&0(;-')+,%&0(&.@%(#*(&)'1&,%0%#',('&-.,&!"&);'6%18 *.*&#(&'&#,('*&P'*+-&#(,()#&0%"&(*(,"%*'*(8
C'#+&("*%*+6%-(&);%,%*1'-(&'1&.&;1*(,(&5',(&!"&54"1%,('3&#.5@%"',('&2%&#."#("*,',('&7-1%0(-.,& U(0%151-&)17(,+&#1&.#'F%'&'#()*.,&)*,+-1#%*.',(&;,.@(&'-(&(L%)*("6(%&2%&"(51,%,%%&);%,%*1-1%8&S-&
/%*'-(3&;.*&;,.01#(&/.,@%,(&15'"+&.,%&;.*&#."01#(&54"'&1"(%&;(,).'"(&"15%*+&5(0%15&:&1"(.,%&#$%',& )17(,+&!"&*.*&*%5;1-&2(0%"6(%3&@'&#$%',&0.1+:*,(%&F%-(&01;+&'#(('&.,?'"%)51-&!%&()*(&)-+@%*3&5'%&'-()&
2%&7+,+&/.%"6'&(%&:&;("*,1&'&)#,%(&1"&*(L*&.',(#',(3&#1&1"&#."6%"1*&)*,+%"&0(&#1".2*%"6(-(&)'-(&2%&1"(.,%3& )%)*(51-&"(,/.)8&C',&2%:'&;1)&#.,;1-&7%F%#&-'&0%);.F%6%'&)(5("%-.,&)+%&*,1;(2*%&2%&'&-15%"%-.,&#(,(2*%3&
#$%',&!"&-%5@%&)*,+%"(8 0%"&0,'?.)*(&2%&,();(#*&;("*,1&I0(/+,3&;("*,1&0./(0%,('&I0(/+,1-1%8
C'#+&)#.;1-P.,&)(&(L*%"0(&;(&.&,'F+&5'%&5',(3&;(&-4"?+&7-1%0&5'?"(*%#3&("*%*+6%-(&);%,%*1'-(& G(?('&)'#,%7%#%1-1%&',(&1,5+,%-(&(%&)*,+-1#%*.',(8&I#()*&.53&#1&*,1;1-&'-#+*1%*&#."7.,5&);%,%*1-1%&
'@).,@&#$%',&?'F(3&-%#$%0(&2%&)(5%).-%0(&0%"&*,1;1-&5(0%151-1%3&;("*,1&#'&0(5'*(,%'-%F4"01:-(&)+& )+1&(/.-1'*3&)(&)1;1"(&#1&-%@(,+&/.%"6+&2%&0(F%"*(,()'*3&.7(,%"0&.5("%,%%&.&;,.@+&'&"(51,%,%%&);%,%*1-1%&
,('-%F(F(&0%"&(-(&1"851&(*(,%#3&"15%*&7'"*.5+A&a&')(5("('&.;(,'6%(&)(&"15(2*(&7'*(,%'8%M',(9 2%&'&5("%,%%&)'-(&!"&/(2"%#%(8&S-&)17(,+3&0',&*.#5'%&;,%"&7';*1-&#+&'01#(&1"&)(,/%#%1&.5("%,%%3&!"&
T"(.,%&'#(')*+&5'*(,%'-%F',(&()*(&0.',&(L*(,%.',+3&'0%#+&("*%*'*('&);%,%*1'-+&7'#(&"15'%&1"&!"/(-%2& /%,*1*('&-(?%%&%1@%,%%&';,.';(-1%3&1,#+&)#','&(/.-16%(%&);%,%*1'-(8&9,%"&)'#,%7%#%1-&)+13&(-&'*,'?(&=1@%,('&
5'*(,%'-3&#4*&5'%&';,.;%'*&0(&5'*(,%'&#',"'-+3&!"7+6%2',('&-1%&(L*(,%.',+&7%%"0&')(5+"+*.',(&#1&*,+)+*1,%-(3& ("*%*+6%-.,&);%,%*1'-(&)1;(,%.',(3&7%%"0&'#.;(,%*&#1&-15%"'&2%&;1*(,('&-.,3&!"&/%'6'&)'&*(,()*,+8&!"'-*(-(&
5+,%5('&2%&7.,5'&.51-1%&;(&#',(&!-&,(;,(F%"*+8&!"&'#(')*+&5'*(,%'-%F',(&("*%*'*('&);%,%*1'-+&,(;,.01#(& ("*%*+6%&);%,%*1'-(&/.,&#."-1#,'&;("*,1&#'&/%'6'&-1%&)+&)(&)#1,?+&5'%&-%"3&!"&5%=-.#1-&71,*1"%-.,&/%(6%%&
#$%',&/(25%"*(-(3&;.0.'@(-(3&',51,'&)'1&',5(-(&(;.#%%&!"&#',(&'&*,+%*8&I#(')*+&5'*(,%'-%F',(&)(&;.'*(& .5("(2*%&*(,()*,(3&)+&7%(&7(,%*&0(&@.-%3&0(&%"7-1("6'&7-1%0(-.,&/+*+5+*.',(Q&;(&)#1,*3&/'&7%&'=1*'*&!"&*.'*(&
#.5;','&#1&1"&@'-."&0(&#'1#%1#3&#1&#$%;&0(&.58&H(-&5'%&5%#&F?.5.*3&#('&5'%&5%#+&*1-@1,',(&'01)+& !5;,(=1,+,%-(3&#$%',&2%&!"&#(-(&;+54"*(2*%3&0',&5'%&'-()&!"&(/.-16%'&)'&);%,%*1'-+8
5(0%151-1%3&#('&5'%&5%#+&0%)*,'#6%(&'&')%)*("6(%&)'1&*("0%"6'&0(&'&;1"(&54"'&;(&5'*(,%'-%F',(3&;.*& 9,%"&0,'?.)*('&0(&'&;1"(&!"&(/%0("6+&*'%"(-(&H(,1-1%3&)17-(*1-&5(0%151-1%&0.@4"0(2*(&.&0(.)(@%*+&
;,./.#'&.&5%#2.,',(3&.&*1,*%,(&'A&7'"*.5(%3&#'&2%&#15&):',&0(F157-'&1"&@'-."8&I#()*&;,.#()&;,(#%;%*'*& -15%".F%*'*(Q&2%&01;+&#15&!"&=1,1-&1"(%&-+5;%&(-(#*,%#(&;1*(,"%#&-15%".')(&)(&'01"+&.&51-6%5(&0(&
',(&#'&1,5',(&)17(,%"6'&5(0%151-1%3&2%&#$%',&'&);%,%*1-1%&.;(,'"*Q&%',&0'#+&?,(2('-'&')%)*("6(%&'&7.)*& 7-1*1,%3&51-6%&'-(',?+Q&!"&=1,1-&)+13&#+1*4"0&)+:%&'@).',@+&7-1%0(-(&)1;(,%.',(8&C',&;,%#(&*("*'*%/+&'&
"().#.*%*+3&)(&;.'*(&;,.01#(&1"&')(5("('&0(F(#$%-%@,1&!"&#.,;1-&5(0%151-1%3&!"#4*&(-&)+&#'0+&@.-"'/& #(-.,&#',(&/.,&)+&;,.7%*(&0(&*,1;1-&%"(,*&'-&5(0%151-1%&()*(&F+0+,"%#%*+&0(&.&;1*(,"%#+&?',0+&0(&
;("*,1&51-*+&/,(5(3&;4"+&!"&;,'?1-&5.,6%%&)'-(8 ("*%*+6%&);%,%*1'-(&-15%".')(3&'7-'*+&!"&=1,1-&)+18
!" & ')(5("(' & #'F1,% & !2% & ')15+ & . & 5',( & ,+);1"0(,( & ("*%*+6%-( & );%,%*1'-( & .;(,'"*(3 & 0', & 5'% & '-()& !"&'7',+&0(&5(0%15&:&'5&);1)&2%&,(;(*&:&!"&*%5;1-&0(5.")*,'6%%-.,&0(&5'*(,%'-%F',(&*.6%&')%)*("6%%&
')%)*("6%% & %?".,'"6% & '% & 5',%-., & *'%"( & '-( & /%(6%%8 & C( & '#((' & )( & #(,( & #'3 & !" & ;,('-'@%-3 & ;',*%#%;'"6%% & )+& #."*,%@1%(3&5'%&51-*&)'1&5'%&;16%"3&#1&7-1%0(-(&-.,8&C',&5'%&;,()1)&0(&*.6%&)17(,+&("*%*'*('&);%,%*1'-+&
#1".')#+3&0%"&-%*(,'*1,'&;',';)%$.-.?%#+3&;,.#()1-&'#()*.,&7(".5("(&2%&)+&7%(&'"%5'6%&0(&1"&5',(& #',(&;,.01#(&7(".5("1-&0(&5'*(,%'-%F',(8&K17(,%"6'&(%&)(&0'*.,('F+3&!"&;,%51-&,4"03&7';*1-1%&#+&0%"&
#'-53Q & 0( & . & )74"*+ & #,(0%"6+ & 2% & )+ & ;,.#(0(F( & #1 & . & 0()+/4,2%*+ & 5(*.0+ & 2% & ;,10("6+8 & K( & %5;1"( & .& )7(,(-(&!"'-*(&'-(&H(,1,%-.,3&#.@.',+&!"&5')'&7-1%0(-.,&%"7(,%.',(8&K7.,6+,%-(&)'-(&0(&'&;,.01#(&'#(')*+&
;',*%#%;',(&-%"%2*%*+&2%&#."2*%("*+&#1&*.'*+&'*("6%'&2%&;,(#'16%%-(&;.)%@%-(3&#(-&;16%"&!"&;,%5(-(&-1"%&0(& #,('6%(&15'"+3&*,1;(')#+3&;,(#15&2%&'0/(,)%*'*('&#1,("6%-.,&?4"01,%-.,&=.)"%#(&2%&'&7-1%0(-.,&.*,+/%*(3&
'"*,("'5("*8&C1;+&#(&;,.#()1-&5'*(,%'-%F+,%%&'&'/'")'*&0()*1-&0(&51-*&2%&):'&#.").-%0'*&;,%"&';',%6%%& !%&7'# &2(0(,(' &!"& *.* & *%5;1-&.;(,'6%(% & : & '%#% &=.)3 & ;,%"*,( & .'5("%&: & )17.#'"*+ & 2%& %)*./%*.',(& ;("*,1&
,(;(*'*(3&5%#%-(&;(,*1,@+,%&)'1&%5;,10("6(&"1&5'%&'1&,(F1-*'*(-(&0(F')*,1.')(&'5%"*%*(&5'%&)1)8&j:jZ& )1@*%-%*'*('&2%&7%"(6('&)'&);%,%*1'-+8&C',&01;+&#15&5(0%151-&)(&!"'-6+&;,%"&)'#,%7%#%1-&#.,;1-1%&2%&'-&
H4"0Q&)1@&#."01#(,('&7.,6(-.,&!"?(,(2*%&;',*%#%;'"*(&-'&#,('6%(3&-'&';',%6%'&;,%5%-.,&.'5("%&;(&;+54"*3&)(& )17-(*1-1%&)+13&*.*&')*7(-&)'#,%7%#%1-&'##(;*'*&0(&'#()*&);%,%*&(/.-1'*&!-&,%0%#+&;(&.&*,(';*+&0(&(/.-16%(&
7'#&(L;(,%5("*(&#',(&,(;,.01#&'#()*&;,.#()3&#4"0&.&("*%*'*(&);%,%*1'-+&0.,(2*(&)+&)(A&','*(&!"&*,1;3&'2'& )1;(,%.',+8&S-&1,#+&5(,(1&;(&)#','&#(&01#(&-'&G15%"'&%"7%"%*+&'&o%%"6(%&)1;,(5(8
#15& ' & 7.)*& ('& !"& 1"' &0%" & /%(6%-( & )'-( &;+54"*(2*%3& 5'*(,%'-%F',('& "1&5'% & ()*( &0.', &(L*(,%.',+3 &#%&
#.5;-(*+Q&S"*%*'*('&);%,%*1'-+&#',(&0.,(2*(&)+&)(&5'*(,%'-%F(F(&,(7'#(&;4"+&-'&1-*%5' &'''('''$
-, >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&:&C,%7'&#',*( ?2,418&;%M%#&'8&27181% WU

U%"*('&.5("(')#+&)(&/'&0(F/.-*'&;(&;',#1,)1-&)(#.-(-.,&;,%"&)1@*%-%F',('&5'*(,%(%&)%)*(51-1%& I5&',+*'*&#+&,.-1-&#.,;1-1%&/%*'-&()*(&)+&#."01#+&'"?,("'=1-&*,1;1-1%8&J.';*('3&01$1-&)*+;4"
#(,(@,.);%"'-Q & %', & ;','-(- & #1 & ;(,7(#6%."',(' & -1%3 & ;,%" & )17(,%"6+3 & ;,%" & (L;(,%("6( & ,(;(*'*(3 & );%,%*1-& (/'0('F+&0%"&*,1;1-&)+13&;("*,1&':2%&,(*,+%&#4*(/'&#(')1,%&/%'6'&0(&01$8&!"&5.5("*1-&%(2%,%%3&01$1-
.51-1%&0.@4"0(2*(&*.*&5'%&51-*+&!"6(-(?(,(&2%&#1".'2*(,(3&7%%"0&!5;%")&);,(&;(,7(#6%1"(&0(&-(?('&0(& *,'?(&01;+&)%"(&2%&#.,;1-&/%*'-3&0',&"15'%&;',6%'-3&#+#%&0'#+&-:',&-1'&#.5;-(*3&*,1;1-&,+54"4"0&7+,+
"(!"-+*1,'*&'&(/.-16%(%8 1"&0%,%?1%*.,&',&!"#(*'&)+&5'%&71"#6%."(F(8&C(&'#(('3&);%,%*1-3&%'&#1&(-&"15'%&.&;',*(&0%"&5'*(,%'
!"&'"1-&<s<<3&0,8&w'-*(, &R8 &t%-"(,3&!"*,:.&-1#,',(&%"*%*1-'*+&BP$(&g15'"&I*5.);$(,(E3&',+*'&#+& #.,;1-1%&/%*'-3&;("*,1&#'&;,%"&%"*(,5(0%1-&-1%&)+:2%&5("6%"+&7.,5'&15'"+3&')(5+"+*.',(3&#1&*,1;1-
;,%"*,:1"&'"15%*&0%);.F%*%/&)(&;.'*(&/(0('&'1,'&0%"&=1,1-&*,1;1-1%&.5("()#3&!"&);(#%'-&'1,'&/%*'-+8 -+)'*&)+&0.',5+8&H('-'-*+&=15+*'*(3&01;+&#(&!2%&,(;',+&5'*(,%'&1F'*+&)(&!"*.',#(&!"&*,1;3&#."01#4"01:<
9("*,1&'&1,5+,%&)*',(&0(&)+"+*'*(&'&;'#%("6%-.,&)+%3&0,8&t%-"(,&'&,('-%F'*&0%"&/')(&0(&)*%#-+&)1@6%,%&2%& 5'%&=%(;',*(3&;4"+&-'&!"*.',#(,('&)*+;4"1-1%8 Q
*1,*%*(3& 15;-1*(&#1&0%7(,%*(& -%#$%0(&#.-.,'*(3Z&. &-("*%-+&)1%:?("(,%)3&;,%"&#',(&;,%/('&;'#%("*1-8&C(& !"/(-%*&!"&$'%"(-(&)'-(&;(,%);%,%*1'-(&2%&'/4"0&-'&(L*(,%.,&.&;',*(&0%"&01@-1-&)+1&/%*'-&#1&#$%;&0(&
,(?1-+3&;1"('&!"&'#()*(&/')(&.&).-16%(&'-#..-%#+&0(&#%'"%"+8&C'#+&0.,('&)+&'%@+&2%&'-*(&"1'"6(&#.-.,'*(3& .53&01$1-&()*(&-(?'*&0(&,()*1-&01@-1-1%&,+5')&!"&#.,;1-&7%F%#&;,%"*,:1"&;%,&7.,5'*&0%"&5'*(,%'&(*(,%#+&'&
'0+1?'&#',5%"3&'-@')*,1&0(&9,1)%'&)'1&?'-@("&0(&H'5@.0?%'8 #.,;1-1%&/%*'-8&c.-1-&'#()*1%&#2,52"&()*(&#'&7.,6'&);%,%*1'-+&'&01$1-1%&)+&)(&,(/(,)(&')1;,'&01@-1-1%&
C,8 &t%-"(,&;,%/('&5'% & !"*4%&#4*(/' &5%"1*(&;,%"*,:. &)*%#-+3&#',(&#."6%"(' &. &).-16%( &0(&#1-.',(& ,+5')&!"&*,1;3&%',&;(&0(&'-*+&;',*(3&01$1-&)+&7%(&!"2*%%"6'*&0(&*.*&#(&)(&!"*45;-+&#1&*,1;1-&)+18&a,%#(&/'&
!"#$%)+3 & ';.% & ,(;(0( &;,%/('& ;'#%("*1- & ;,%"*,:. & )*%#-+ &#1 &).-16%(& 0(&#1-.',(& 0()#$%)'8& R" & ;,('-'@%-3& )%56%&*,1;1-3&)(&/'&*,'")5%*(&#.,;1-1%&/%*'-&,+5')&!"&*,1;3&%',&'#()*'3&;,%"&#.,0."1-&/%*'-3&/'&*,'")5%*(&
;'#%("*1-&(,'&'2(F'*&!"&0,(;*1-&1"1%&(#,'"&"(?,13&-'&.&0%)*'"6+&0(&Xq&#("*%5(*,%8&9,%/%"01:<3&/(0('&!"& #(-(&!"*45;-'*(&#.,;1-1%&/%*'-&-1'*&0(&01$8&9,%"&%"*(,5(0%1-&;(,%);%,%*1-1%&2*%,('&)(&/'&*,'")5%*(&-'&
=1,1-&)+1&.&#('6+&'-@1,%(&0(&<q:Vq&#("*%5(*,%3&')(5("('&1"(%&@("F%3&1"1%&"%5@3&#1&.&-+6%5(&(?'-+&!"& );%,%*3&#',(&/'&'"'-%F'&2%&0(#%0(&0'#+&(&#'F1-&)+&)(E&!"*.',#+&'#')+3&!"&*,1;1-&)+13&.,%&,+54"4"0&1"0(&
=1,1- & *,1;1-1% & 0', & 5'% & -'*+ & !" & =1,1- & #';1-1%8 & S' & (,' & .',(#15 & *,'");',("*+ & 2% & ;,(F("*' & )*,%5(,%<& )(&'7-+3&)+&0%);1"+&#(&)+&7'#+&*,1;1-&)+18
;(,;("0%#1-',%&;(&)1;,'7'6'&*,1;1-1%8&C1;+&0%,(#6%'&)*,%5(,%-.,3&0,(';*+&)'1&';-(#'*+3&0,8&t%-"(,&2*%'& 9,%"&1,5',(3&'#()*&#.,0."&7-1%0%#&',(&71"#6%'&0(&'&*,'")5%*(&%"7.,5'6%%&0(&-'&*,1;&-'&);%,%*&2%&0(&-'&
0'#+&;'#%("*1-&)+1&5(,?(&);,(&@%"(&)'1&"18 );%,%* & -' & *,1;3 & ,('-%F4"0 & #.51"%#',(' & !"*,( & 0.1+ & /')( & : & #.,;1- & (*(,%# & ,+5') & !" & *,1; & 2% & #(- & #',(3&
S-&'&5'%&#.")*'*'*&#+&'1,'&/%*'-+&'&1"1%&@+,@'*&)(&0(.)(@('&!"&-+,?%5(&2%&#."*1,3&0(&#('e'&1"(%& !"/+-1%"0&;(,%);%,%*1-3&!").6(2*(&);%,%*1-8
7(5(%Q&%',&;(,).'"(-(&%"*(-(#*1'-(&'1&!"&?("(,'-&.&'1,+&5'%&-'*+8&C(&')(5("('&'&.@)(,/'*&!"&'1,+& H4"0&1"&01$&!"*,1;'*&%()(&!"&);'6%13&()*(&"15'%0(#4*&,(#1".)#1*&0(&1"&01$&-%@(,&:&.&("*%*'*(&
;,(F("6'&1".,&,'F(&#.-.,'*(&#',(&';',&2%&0%);',8&S-(&;',&'&7%&!"&-(?+*1,+&#1&)(L1-3&#1&)*',('&5.,'-+&2%& );%,%*1'-+&0()*,1;'*+&:&0(.',(#(3&;(&0(&.&;',*(3&'*4,"+&0(&(-&1"&7%,&7-1%0%#3&%',&;(&0(&'-*'3&',(&.&7.,5+&
5'%&'-()&#1&/.%"6'&;1)+&!"&'#6%1"(8 15'"+&;(,7(#*&#."*1,'*+3&?,'6%(&#.,;1-1%&/%*'-&;1,*'*&0(&);%,%*&;,%"&);'6%18&C1$1,%-(&-%@(,(&0(&#1,4"0&
0()*5;'*(&'1&0(&')(5("('&.&7.,5+&15'"+3&0',&('&"1&()*(&'*4*&0(&#-',&#."*1,'*+&#'&-'&("*%*'*('&
$'''$'''$
);%,%*1'-+&#';*%/+&)'1&!"*,1;'*+8&G'&01$1-&-%@(,&'#(')*+&7.,5+&()*(&(7(5(,+3&7%%"0&#.")*,1%*+&0%"*,:.&
'-*+&5'*(,%(3&0%"*,:1"&7-1%0&5'%&)1@*%-3&#',(&%"*,+&!"&#.")*%*16%'&#.,;1-1%&;-'"(*',8
a,%#(& .@%(#* & #',(& /%"(& !"& '*%"?(,(& #1&.& ;(,).'"+3& '@).',@(& 5'?"(*%)51-& 15'" &'- &;(,).'"(%& H4"0&0.1+&01$1,%&15'"(&!"*,1;'*(3&)(&!"*4-"()#&".';*('&!"&);'6%13&)(&,(#1".)#3&;("*,1&#+&)(&/+0&
,();(#*%/(8&I#(')*+&'@).,@6%(&()*(&#1&'*4*&5'%&;1*(,"%#+3&#1&#4*&#."*'#*1-&'&7.)*&0(&5'%&-1"?+&01,'*+8& .'5("%3&#'&;(&;+54"*8&I#()*(&7.,5(&15'"(&)(&0(;-')('F+3&7'#&5%2#+,%&#1&#';1-3&#1&54%"%-(&2%&#1&
C'#+&1"&'"15%*&.@%(#*&:&%"(-3&#(')3&)*%-.13&@,+6',+&:&()*(&;1,*'*3&5'%&*4,F%13&0(&.&'-*+&;(,).'"+3&*.*& #@,;1-3&-'&7(-&#'&.'5("%%&!"*,1;'6%8&I2'&0(&(L(5;-1&#4"0&/.,@()#3&5%2#+&@1F(-(&#'&2%&.,%#(&.5&)'1&
5'?"(*%)51-&'#151-'*&!"&(-&)(&/'&,(/+,)'&')1;,'&".1-1%&;1,*+*.,3&%"7-1("64"01:<&!"*,:.&')(5("('& ?()*%#1-('F+&#1&54%"%-(8&H4"0&1"&'-&*,(%-('&%"*,+&!"&/.,@+3&!"*.,#&#';1-3&;("*,1&'&/(0('&2%&')#1-*'&;(&
5+)1,+&!"#4*&!%&/'&%5;,%5'&'#(-('2%&;.,"%,%&)("*%5("*'-(&2%&/'&7%&)*,+@+*1*&0(&?4"01,%&')(5+"+*.',(& #(-&%"*(,/("%*88
#1&'-(&;(,).'"(%&#',(&'&;.)(0'*&%"%6%'-&'#(-&.@%(#*8&!"&7(-1-&'#()*'&)(&(L;-%#+&'#6%1"('&(L(,#%*'*+&0(& I2'0',&01$1-&!"*,1;'*&)(&#.5;.,*+&!"&(/'0+,%-(&-1%&".#*1,"(&;,%"&);'6%13&#'&.,%#(&.5&!"*,1;'*8&
*'-%)5'"(&')1;,'&;1,*+*.,%-.,&(%8 J15'%&;%#%.',(-(&"1&2%&-(&5'%&5%2#+3&"1&5'%&;+2(2*(&#1&(-(3&!"*,1#4*&01$1-&;-1*(2*(&;,%"&);'6%18
9(&@'F'&'#()*1%&'0(/+,3&)(&(L;-%#+&2%&%"7-1("6'&')1;,'&#,(0%"#%.2%-.,&'&*.*&#(&(L%)*+&!"&@%)(,%#+8& C1;+&#15&*,1;1-&15'"&#,(2*(&0%"&#.;%-+,%(&;4"+&-'&5'*1,%*'*(3&*.*&'2'&2%&#.,;1-&/%*'-&)'1&01@-1-&
C%"&*.6%&#(%&#',(&'1&/("%*&)+&)(&,.'?(&!"&-+#'21-&C.5"1-1%&'1&(5'"'*&?4"01,%&0(&)1;1"(,(3&)5(,("%(3& #,(2*(&!"&5+,%5(8&K;%,%*1-&#.;%-1-1%&%()(&0%"&*,1;&*.*&)1@&7.,5+&0(&#.;%-8&P,(;*'*3&#1&!"'%"*',('&!"&
%(,*',(e&%1@%,(&2%&%5;-.,',(&'&C%/%"%*+6%%8&P.'*+&)%56%,('3&*.'*+&?4"0%,('&-.,3&1"%*+&#1&'#*(-(&2%&,1?'& /4,)*+3&*,1;1-&%'&'-*(&!"7+6%2+,%&2%&0%5(")%1"%3&2%&;','-(-&#1&(-3&01@-1-&(*(,%#&!-&!").6(2*(&5(,(1&#'&
;,(.*1-1%3& '1&%5;,(?"'*&;(,(6%%&2%& 5.@%-%(,1-& '#(-1%&*(5;-1&#1&7-1%0(& 0(&.,0%"&)1;(,%.,3& #',(&/.,& ');(#*&2%&5+,%5(8&C1@-1-&/%*'-&'-&.51-1%&@+*,4"3&)(&','*+&;,%"&);'6%1&:&!"&%(2%,%-(&01$1-1%&:&)1@&7.,5'&
)#+-0'&;(&#(%&#(&/.,&5'%&/("%&!"&'#('&@%)(,%#+8 1"1%&@+*,4"3&')(5+"+*.,&#1&*,1;1-&-+)'*&)+&0.',5+&'#')+8
9(&.,%#(&;1"(&54"'&.51-&:&#+#%&5'%&'-()&;,%"&54"+&)(&)#1,?(&5'?"(*%)51-&:&)(&!"#',#+&#1&7-1%0& C',&!"&'7',+&0(&'#()*(&)#$%5@+,%&;','-(-(&#1&)#$%5@+,%-(&*,1;1-1%3&01@-1-&5'%&;.'*(&-1'&7.,5(&
5'?"(*%#8&9%(*,(-(&;,(6%.')(&2%&';'&)(&!"#',#+&#(-&5'%&12.,&2%&#1&5'%&51-*&5'?"(*%)58&9'*1-&!"&#',(& 0%7(,%*(&:&;,%"&/.%"6'&)*+;4"1-1%&)'1&'&01$1-1%8&I2'&0(&(L(5;-13&0'#+&.51-&()*(&#.#.2'*3&01$1-&;.'*(&
0.,5%5&'"%&!"&2%,3&)(&!5@%@+&#1&7-1%0(-(&".')*,(8&S-(&/.,&(L(,#%*'&.&%"7-1("6+&'*4*&0(&5',(3&!"#4*&0'#+& )+:2%&,(01#+&'#(')*+&#.#.'2+&'&01@-1-1%&)+1&2%&')*7(-&#.,;1-&/%*'-&)+&)(&;,(F%"*(&#1&.&7.,5+&#.,(#*+3&
7-1%0(-( & ".')*,(&)1"*&0( & 1"& .,0%"&%"7(,%.,3 &. &'-*+&;(,).'"+ & #1-#4"01:)( &!"&'#(- &;'* &/'&7%& '?%*'*+3& 7+,+ & "%#% & . & 0%7.,5%*'*(3 & 7+,+ & '#(')*+ & 2*'5;%-+ & ' & #.,(#6%(% & ';-%#'*+ & ("*%*+6%% & );%,%*1'-( & !" & /%'6' & )'&
%"0%);1)+3&/'&'/('&/%)(&1,4*(3&)'1&/'&)17(,%&0(&%").5"%(8&C(&'#(('&)(&,(#.5'"0+&(L;1"(,('&-'&'(,&2%& *(,()*,+8&C(&')(5("('3&0'#+&!%&-%;)(2*(&/,(1"'&0%"&5(5@,(3&01$1-&!2%&;.'*(&#,('&54"'&)'1&;%#%.,1-&
).',(&'&)'-*(-(-.,&2%&)#$%5@',('&-("=(,%(%&0(&;'*&#4"0&)1"*(5&?+F01%6%&-'&1"&$.*(-&)'1&;(")%1"(8 '5;1*'*3&;,(F("*4"01:)(&;,%"&);'6%1&#.5;-(*3&#'&2%&.,%#(&'-*&01$8&J15'%&7.,5'&7(6(%3&!"7+6%2',('&
#$%;1-1%&)+1&15'"3&"1&)*+&!"&;1*%"6'&01$1-1%&)+:<&)#$%5@(3&)+:<&5.0%7%#(8&S'&()*(&2*'5;%-'&;(,5'"("*+&
$'''$'''$
'&01$1-1%3&#4*&*%5;&/'&7%&!"*,1;'*8
9("*,1&'&)(&7'#(&#1".)#1*&.'5("%-.,&*,1;(2*%3&#4"0&)(&','*+&!"&/%)(-(&-.,&)'1&#'&)*+,%&7'"*.5'-(3&
T"&,.-&0(.)(@%*&'&=1#'*&#.,;1-&/%*'-3&!"&S?%;*3&;(&*%5;1-&0.5"%(%&7','."%-.,8&U'*(,%'&(*(,%#+&'& 01$1-&!2%&;.'*(&5.0(-'&01@-1-&/%*'-&;4"+&-'&'&#,('&/(25%"*(&!"&=1,1-&)+13&')(5("('&!5@,+#+5%"*(%&
'#()*1%&#.,;3&;.)(04"0&'"15%*(&!")12%,%3&'&7.)*&!"*,(@1%"6'*+&5%%&0(&'"%&0(&#+*,(&;,(.6%%&(?%;*("%3& #',(&!"/(-(2*(&*,1;1-&.51-1%8&9,.#(0(1-&()*(&')(5+"+*.,&#1&#(-&;,%"&#',(&)#1-;*.,1-&#,(('F+&$'%"(&!"&
;("*,1&%5;1"(,('&)1;,(5'6%(%&-.,&!"&)*'*3&;("*,1&';+,',('&6+,%%&#."*,'&'-*.,&"('51,%3&;("*,1&/%"0(#+,%3& =1,1-&)*'*1%%&)'-(3&$'%"(&#."7(#6%."'*(&0%"&'#(-'2%&5'*(,%'-3&5',51,+&)'1&@,."F3&#'&2%&7'6'&)'1&54"'&
;(0(;)%,('&*,+0+*.,%-.,&0(&6',+&)'1&5("6%"(,('&7.,5(%&0(&)*'*8 )*'*1%%8&K("*%5("*1-&;10.,%%&(L%)*+&!"*,:1"&?,'0&2%&5'%&,%0%#'*&-'&01$1,%8&C(&'#(('3&!"&);'6%13&.,?'"(-(&
?("%*'-(&"1&5'%&)1"*&,('-%F'*(8&R',&;("*,1&#'&01$1,%-(&)+&)(&,(#1".')#+&5'%&12.,&!"*,(&(-(3&#4"0&
#+-+*.,()#&;,%"&);'6%13&!2%&#,(('F+&/(25%"*(-(&#1&#',(&.@%2"1%()#&)+:2%&!5@,'#(&*,1;1-8
R"&;(,(?,%"+,%-(&)'-(&".#*1,"(3&#4"0&*,1;1-&)+1&)(&.0%$"(2*(3&01$1-&()*(&!").6%*&0(&.&;',*(&0%"&
Z&9("*,1&.@)(,/',('&2%&7.*.?,'7%(,('&'1,(%&(*(,%#(3&'F%&)(&;,'#*%#+&(-(#*,.".?,'7%'8&9,%"&'#(')*+&5(*.0+&1"&)%)*(5&/%1&()*(&)1;1)3& 5'*(,%'&#.,;1-1%&)+1&/%*'-8&SL%)*+&#'F1,%&,',(3&#4"0&01$1-&!"*,1;'*&()*(&#$(5'*&!"&7'6'&P,%@1"'-1-1%&
;("*,1&1"&*%5;&7.',*(&)#1,*3&1"1%&#1,("*&(-(#*,%#&0(&%"*(")%*'*(&5',(8&R"&'#()*&7(-&)(&*,'")5%*(&)%)*(51-1%&1"&%5;1-)&(-(#*,%#&#(&0(*(,5%"+& )1;,(53&;("*,1&'&,+);1"0(&0(&.&7';*+&#.5%)+&!5;.*,%/'&-(?%-.,&0%/%"(8&C',&("*%*'*('&);%,%*1'-+&"1&!2%&
1"&,+);1")&(-(#*,.:5'?"(*%#3&#',(&)(&%5;,%5+&;(&.&;-'#+&7.*.)(")%@%-+8&C1;+&0(/(-.;',(&)(&;1"(&!"&(/%0("6+&.&F."'&-15%".')+&!"&=1,1-&
)%)*(51-1%&*()*'*8&C(&')(5("('&)(&.@)(,/+&,'0%'6%%&:&)*,%5(,%&:&#',(&'1&.&-15%".F%*'*(3&7.,5+&2%&)*,1#*1,'&/',%'@%-+8&G'&;(,).'"(-(& ;.'*(&;+,+)%&#.,;1-&/%*'-3&0(&#',(&()*(&-(?'*&;,%"&;(,%);%,%*3&0(.',(#(&)1,/%"(&5.',*('&*,1;1-1%Q&;(&0(&
)+"+*.')(&)*,%5(,%%&)1"*&-15%".2%Q&0,(;6%3&.,?'"%F'6%&',5."%.)&2%&;(,;("0%#1-',&;(&!"*,('?'&)1;,'7'6'&'&*,1;1-1%8&G'&;(,).'"(-(&@.-"'/(& '-*+&;',*(&#.,0."1-&7-1%0%#&"1&)(&;.'*(&-1"?%&'*4*&0(&51-*3&%',&,1;(,('&)'&!")('5"+&%',+2%&5.',*('&
)*,%5(,%%&'1&.&-15%".F%*'*(&,(01)+3&;,(F%"*+&#1,@1,%3&)1"*&,+);4"0%6%&$'.*%#3&';-(#'6%&!"&=.)&2%&#1&;(*(&!"*1"(#'*(&:&F."(-(&,();(#*%/(& *,1;1-1%8&R"&'5@(-(&#'F1,%&5.',*('&)(&;,.01#(&;,%"&')7%L%(,(3&,();%,'6%'&2%&%"%5'&.;,%"01:)(&@,1)#3&
"(,+);1"F4"0&)(5"'-1-1%&(-(#*,%#8&9(&(-(#*,.".?,'5'&7+#1*+&-'&0.1+&;(,).'"(&#1&'7%"%*+6%&2%&#.5;'*%@%-%*+6%&!"*,(&(-(3&)(&.@)(,/+&#+&
)*,%5(,%%&)(&'*,'?3&%',&-'&;(,).'"(-(&%"#.5;'*%@%-(&:&)(&,();%"?8&S-(#*,.".?,'5'&)%)*(5(-.,&/%%&0%7(,+&0(&'&#(-.,&"(/%%&;,%"&7';*1-&#+&()*(& !"*,1#4*&01$1-&()*(&-(?'*&0(&*,1;3&;,%"&@1-@1-&,'$%0%'"3&!"&)4"1-&#+,1%'&)(&'7-+&#("*,1-&"(,/.)&#',(&
/',%'@%-+8 #..,0."('F+&5%2#+,%-(&;-+54"%-.,&2%&'-(&%"%5%%8&9("*,1&'&)(&(/%*'&'#(')*+&)%*1'6%(&P,%@1"'-1-&)1;,(5
WV ?2,418&;%M%#&'8&27181% --
>%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&^&C,%7'&#',*(

"1&!-&5'%&#$('5+&;(&#(-&?,(2%*&-'&!"+-6%5('&#.")%0(,'@%-+&'&)(0%1-1%&K+1&:&Xqq8qqq&]%-.5(*,%&h&#%& C1$1,%-(&)1;(,%.',(3&'-(&#(-.,&%"%6%'6%3&#."01#('1&0%"&);'6%1&/%'6'&*(,()*,+&2%&);%,%*1'-+&'&;.;.,1-1%&
%")*%*1%(&1"&*,%@1"'-&'0:$.#3&!"*,:.&F."+&%"7(,%.',+3&!"'%"*('&#+,1%'&';',(&;4,4*1-8 (?%;*('"8& G'& !"5.,54"*',('&'#()*.,& .'5("%& 0(&(-%*+3&)(&7+#('1&Z#."=1,'6%% &*(,%@%-(& 2%&)(&)#,%'& 1"&
a&0'*+&#1&).)%,('&".;6%%&*,1;1,%-(&'0.,53&%',&01$1,%-(&;-('#+&)+&)(&!"*4-"(')#+&!"&);'6%1&#1&,10(-(3& @-()*(53&;1)&!"&)',#.7'?8&K',#.7'?1-&(,'&'2(F'*3&!"&)(#,(*3&!"&#,%;*(&)+;'*(Z!"&%"%5'&51"6%-.,&)'1&!"&
;,%(*("%%&2%&#1".)#16%%3&#."*%"14"0&#."/.,@%,%-(&!"*,(,1;*(&!"&*%5;1-&F%-(%8&R(2%,('&#.,;1-1%&/%*'-&#',(:2%& -.#1,%&"(2*%1*(&0(#4*&0(&5',%%&;,(.6%8&C(&'*1"#%&'1&*,(#1*&5%%&0(&'"%8&U1-*(&01$1,%&'&#+,.,&*,1;1,%&'1&
1,5('F+&01$1-&)(&7'#(&;,%"&*.6%&;.,%%&*,1;1-1%3&')(5("('&'@1,%-.,&0%"*,:1"&/')&#1&';+&7%',*+&)'1&0%"*,: 7.)*&515%7%#'*(&'1&;-(#'*&0(&;(&;-'"(*'&".')*,+&2%&#1&*.'*+&2*%%"6'&;,(.6%-.,&0(&'&5("6%"(&"(#1,5'*&
.&;4%"(&)#.')+&0%"&#1;*.,8 *,1;1-&/%13&'#()*'&'&)17(,%*3&!"&'#(2*%&5%%&0(&'"%3&.&'-*(,',(3&,%)%;%"01:)(&2%&01@-1-&)+1&/%*'-8&G(?('&(&
S"*%*+6%-(&);%,%*1'-(&#',(&'1&0(;+2%*&1"&'"15%*&?,'0&0(&(/.-16%(&!2%&;.*&;+,+)%&#.5;-(*&#.,;1-&/%*'-3& -(?(8
0'#+&'1&0(&7+#1*&#+-+*.,%%&5'%&-1"?%8&I#(')*+&.;(,'6%(&()*(&"(#()',+&;("*,1e&#+&5'*(,%'&(*(,%#+&'& C1@-1-&/%*'-&'-&("*%*+6%-.,&);%,%*1'-(&#',(&!"#+&":'1&;-(#'*3&'1&.&')(5("('&7.,6+&!"&(-(3&!"#4*&?,'6%(&
#.,;1-1%&/%*'-&()*(&?,(.'%(3&%',&);%,%*1-&/,('&)+&7%(&#4*&5'%&12.,&!"&#+-+*.,%'&)'8&R"&'#()*&#'F3&01$1-&!2%& =1,+54"*1-1%&-(?'*&0(&(L%)*("6'&-.,3&;,.01#&(7(#*1-&=1,+54"*1-1%3&#4"0&-(&)1"*&;,.7'"'*(&515%%-(8&I2'&
.#,.*(2*(&*,';1-&2%&01@-1-&)+13&*.*&'2'&#15&".%3&.'5("%%3&!"'%"*(&0(&#1-#',(&'/(5&?,%=+&)+&!"#1%(5& ):' & !"*45;-'* & !" & #'F1- & 0(F?,.;+,%% & 515%(% & 7','."1-1% & P1*'"]'5."3 & ;,./.#4"0 & 5.',*(' & ' & 2';*(&
;.',*'3&12%-(&2%&7(,()*,(-(3&;("*,1&'&"1&)(&71,%2'&/,(1"&$.6&!"&#')+&2%&)+&"(&)1,;,%"0+&!"&).5"8&C1$1-&!2%& ;(,).'"(8&P.6%&#(%&'*%"2%&0(&01@-1-&/%*'-&'-&515%(%&7','."1-1%3&'1&7.)*&.*,+/%6%&7-1%0%#3&;-+*%"0&#1&/%'6'&
%'&*.'*(&;,(#'16%%-(3&#'&"1&#15/'&/,(1"&'-*&01$&)+&%"*,(&:&!"&-%;)'&)'&:&!"&*,1;1-&2%&01@-1-&)+1&2%&)+&)(& !"#+-#',(' & @-()*(51-1%<8 & 9(,%#.-1- & ;,.7'"+,%%3 & 2% & !" & );(#%'- & /("%,(' & !" & #."*'#* & #1 & 01@-1- & /%*'- & '-&
7'#+&)*+;4"&;(&(-8&!"&'#()*&)#.;&,.'?+&;(&1"&;,%(*("&);'6%'-&)+:%&)1;,'/(?$(F(&0(&';,.';(&*,1;1-&2%&)+: 515%(%3&(,'1&#1".)#1*(&0(&;.;.,1-&(?%;*('"3&!"?,.F%*&0(&%0(('&0(&':<&'*%"?(8&J15'%&)*,+%"%%3&"15'%&
<&7(,(')#+&0(&.,%#(&01$3&#',(&',&#+1*'&)+&%"*,(&!"&(-8 *4-$',%% & '-*., & "('51,%3 & "(#1".)#4"0 & )'1 & "().#.*%"0 & 7.,6' & '#()*1% & @-()*(5 & 2% & ' & 01@-1-1% & /%*'- & '-&
C();+,6%,('&#.5;-(*+&'&;(,%);%,%*1-1%&01$1-1%&0(&#.,;1-&)+1&/%*'-&"1&(&.&.;(,'6%(&*.#5'%&12.',+8& 515%(%3&0(/')*'1&5.,5%"*(-(3&;("*,1&'&71,'&;.0.'@(-(8
C(&'#(('3&;("*,1&.&')(5("('&.;(,'6%(&("*%*'*('&);%,%*1'-+&',(&"(/.%(&0(&'=1*.,1-&1"1%&#."7,'*(3&01$& C%"&#(-(&(L;1)(&)(&/(0(&#+3&0(2%&515%'&!"&';',("6+&;',(&'&7%&1"&#.,;&5.,*3&!"&,('-%*'*(&()*(&!"#+&
-%@(,3&2%&0(&,(?1-+&7'#(&';(-&-'&01$1-&'7-'*&5'%&*.*&*%5;1-&;(&-4"?+&(-3&-'&5,(4*'318U&)+18 1"&#.,;&/%1&2%&0'*.,%*+&/%(6%%&)'-(3&,+54"(&/%1&2%&01@-1-&/%*'-3&#',(&*,+%(2*(3&;'-;%*+3&,();%,+&2%&!2%&
a&0'*+&(-%@(,'*3&01$1-&!2%&%'&7.,5'&)7(,%#+&2%&.&;.,"(2*(&-'&0,158&9,%"&1,5',(&7.,5'&)'&()*(& ;,%5("(2*(&5(,(1&5'*(,%'8&T"1-&(&/%1&;,%"&'-*1-&2%&01$1-&(&#';*%/&'54"01,.,'8
%0("*%#+&#1&#('&;(&#',(&.&/'&'/('&01;+&#(&:&;,%"&'#*1-&5.,6%%&:&!2%&/'&;+,+)%&0(7%"%*%/&*,1;1-8 IF%3&'&0%);+,1*&%"*(,()1-&;("*,1&#,(',('&515%%-.,3&.&0'*+&#1&;+,+)%,('&;-'"(*(%&".')*,(&0(&#+*,(&
C',&)+&/(0(5&#15&)(&0()7+2.',+&'#*1-&5.,6%%8&C1$1-3&!"#."=1,'*&0(&;(,%);%,%*1-&)+13&%()(&0%"&*,1;& 5',%-(&2%&)*,+-1#%*(-(&01$1,%&#',(&'1&%"'1?1,'*&'#(')*+&;,'#*%#+8&C%"&?,1;1-&-.,&'1&5'%&,+5')3&!"&
*,+?4"0&01;+&)%"(&01@-1-&/%*'-8&C1;+&'#(('3&01@-1-&/%*'-&()*(&;+,+)%*&2%&(-3&,+54"4"0&7+,+&)*+;4"3&-4"?+& '*5.)7(,'&7-1%0%#+&'&9+54"*1-1%3&#4*(/'&("*%*+6%&);%,%*1'-(3&#(&7+#4"01:)(&/%"./'*(&0(&5',%&?,(2(-%&'1&
'"?,("'=1-&)'1&*,';1-&;(&#',(&<:'&#."01)&;4"+&'#158&I#()*&01@-1&/'&0+%"1%&'*4*'&*%5;&#4*&*,1;1-&/'&7%& 7.)*&;+,+)%*(&0(&5',(-(&)*.-&'-&01$1,%-.,&'-@(3&#',(&'&;-(#'*8
!"#+&/%13&#+#%&)(&2*%(&#+& *,1;1-3&#$%',&01;+&'#*1-&5.,6%%3&*,+%(2*(&!"#+&.&;(,%.'0+&0(&/,(5(3&;,%"& S"*%*+6%-(&);%,%*1'-(&!"*,1;'*(&!"&S?%;*&;.)(0'1&#1".2*%"6(-(&!5@+-)+5+,%%3&'-(&515%7%#+,%%3&0(&;(&
#(-1-(-(& )'-(&/%%8&!"#(*1-&#1& !"#(*1-3&#(-1-+&#1&#(-1-+3&*,1;1-&5.',(3&01@-1-&/%*'-& )(&0()*,'5+3& %',& ;-'"(*'&0(&1"0(&/("%)(,+&;("*,1&'&)(&!"*,1;'&-'&2#.'-'&9+54"*8&H1".2*%"6(-(&5',%-.,&;,(.6%&(?%;*("%3&
5'*(,%'&-1%&)(&,%)%;(2*(&!"&);'6%18 ,(7(,%*.',(&-'&515%7%#',(3&):'1&;%(,01*3&%',&;(&0(&'-*+&;',*(3&'-*(&%0(%&'"%5+&'#15&15'"%*'*('&01$1'-+&
C1;+&;+,+)%,('&/%(6%%&*(,()*,(3&01$1-&%"7(,%.,&5'%&/%"(&;(&-'&#%5%*%,&)+:2%&/'0+&*,';1-&#',(&)(& '&9+54"*1-1%&2%&0(&'#(('&"1&)(&5'%&,(#1,?(&-'&'#(')*+&.;(,'6%(8&!5@+-)+5+,%-(&0(&'F%&"1&;.*&;+)*,'&
0%)*,1?(&F%&0(&F%8&!-&0.',(&0%);',%6%'&*,1;1-1%&)+13&!-&;-4"?(3&!%&(&5%-+&0(&(-3&;("*,1&#+&'&7.)*&1"& *,1;1-&5%%&0(&'"%3&(-(&7%%"0&)-'@(&%5%*'6%%&'-(&!5@+-)+5+,%-.,&(?%;*("(8
%")*,15("*&;,%"&#',(&):'&@1#1,'*&!"&/%'6'&-1%&*,1;(')#+8&C1$1-&)1;(,%.,&"1&/,('&)+&5'%&'%@+&"%#%&1"& p%)(,%#'&#,(2*%"+3& ;,%"&;,(.6%%&(%3&#'& 2%&#1-*1-& 5.F'%#3&;,%"& ,'@%"%%&)+%3&)1"*&!5;.*,%/'& ',0(,%%&
,';.,*&#1&7.)*1-&)+1&*,';&2%&#'&)+&(/%*(&.,%#(&'*,'#6%(&5'?"(*%#+&0%"&;',*('&*,';1-1%&)+13&0.,(2*(&#'& *,1;1-1%8&J.';*('3&!"&*%5;1-&).5"1-1%&*,1;1-1%&-.,3&'#()*(&01$1,%&)(&)1;1"&%"=."#6%1"%-.,&#."01#+*.,%-.,&
'#()*'&)+&7%(&',)3&2%&"1&!"?,.;'*8 ?,1;1-1%&);%,%*1'-&0%"&#',(&7'#&;',*(3&7.,6(&#(,(2*%&#',(&;,%"&%"*(,5(0%1-&01@-1-1%&/%*'-&/%"0(#+&;(&#(%&
H$%',&2%&'F%3&(L%)*+&!"&-15('&);'6%1-1%&0.1+&?,1;+,%&#1&;+,(,%&0%7(,%*(A&1"%%&#(,&#'&*,1;1-&-.,&)+&7%(& #+,.,'&-(?('&.&!"?+01%(3&)'1&)1;1"&#1&(-(&01$1,%-(&,(#'-#%*,'"*(8
',)3&.&0'*+&#1&'#(')*'&,%)%;%"01:)(&2%&#.,;1-&/%*'-3&;("*,1&#'&"%5%#&)+&"1:%&5'%&%"7-1("6(F(&2%&)+:%& o.',*(&,',&)(&5'%&0()#.;(,+&#4*(&1"&*,1;&#',(&)(&1)1#+&2%&;',(&#+&)(&515%7%#+&0(&-'&)%"(8&I%#%&(&
'*,'?+&);,(&-15('&*(,()*,+Q&'-6%%&)1)6%"&!"?,.;',('&*,1;1-1%3&#'&)+&;(,)%)*(&#4*&5'%&51-*&01@-1-&/%*'-3&'& .;(,'&H(,1-1%3&;,%"&%"*(,/("6%'&1".,&'"15%*(&01$1,%&);'6%'-(3&;,%"&'#6%1"('&-.,&7-1%0%#+3&515%7%#4"0&
#+,1%&5'*(,%(&)+&;.'*+&7%&!"*,(@1%"6'*+&!"&!"0(;-%"%,('&1".,&)#.;1,%8 *,1;1-&.51-1%&#15%"*(3&#',(&'&01)&.&/%'6+&0(&)74"*8&a&7'#&!"&%0(('&#'&01@-1-&-.,&/%*'-&)+&;(,)%)*(&)1*(&
C%" & ' & 0.1'& ?,1;',( &0( & ("*%*+6% & );%,%*1'-( &7'# & ;',*( & 2%& ;,(.6%% & (?%;*("%3 &#',( &;,%" &#.")(,/',('& 0(&'"%3&%',&#1&5'*(,%'&)'&7'#&'"15%*(&/%"0(#+,%3&#.")%0(,'*(&0(&.5&5%,'#1-.')(8&!")+&'#(')*+&!"'-*+&
*,1;1-1%&2%&0(#%&;,%"&;+)*,',('&#.,;1-1%&/%*'-&):'1&)*,+01%*&)+:2%&%5;1"+&0.5%"'6%'&')1;,'&;.;.,1-1%3& 5(0%#%"+&#(,(')#+&"1&()*(&#1".)#1*+&0(#4*&0(&5',%-(&7.,6(&'-@(&'-(&9+54"*1-1%8
;("*,1&#'&,(-%?%'&-.,&)+&0+%"1%')#+&;()*(&/('#1,%&2%&6','&-.,&)+&7%(&;.;1-'*+&5(,(1&0(&01$1,%&';',6%"+*.',(& 9(&)#1,*&:&5'*(,%'&01@-1-1%&/%*'-&15'"&()*(&7.,5'*+&0%"*,:.&5'*(,%(&(*(,%#+3&.&)'@%(&#1&0.1+&
?,1;1-1%&-.,3&0(/("%"0&')*7(-&.&;1*(,(&',5'*+&2%&(#.".5%#+8&a,&;("*,1&'#()*&)#.;&'/('1&"(/.%(&0(&1"& *+%21,%8&9,%"&'#(')*+&5'*(,%(&(*(,%#+&)(&;.*&7'#(&/%"0(#+,%3&0',&*.*&;,%"&('&)(&;(0(;)(2*(&.,%&)(&)1;1"(&
%")*,15("*&#(,()#3&.&7.,6+&;1*(,"%#+&2%&*.*12%&"(/+F1*+8&C%"&#(,#(*+,%-(&-.,&2%&0%"&,(/(-'6%%-(&#(,(2*%3&'1& .,0%"%%&)*'@%-%*(&.,%#(&01$&,+F/,+*%*8&S'&()*(&1"&%")*,15("*&#(,()#3&#1&;,.;,%(*+6%&.#1-*(3&"(@+"1%*(&0(&
'7-'*&#+&'#()*&%")*,15("*&;.'*(&7%&5'*(,%'&(*(,%#+&'&01@-1-1%&(*(,%#3&'&#.,;1-1%&/%*'-8&C(&'%#%&):'&"+)#1*& -15('&*,1;(')#+8
%0(('&515%7%#+,%%&*,';1-1%3&;,%"&(-&;(,)%)*4"0&2%&01@-1-&)+1&/%*'-3&#1&'&#+,1%&5'*(,%(&(*(,%#+&)+&-1#,(F(& P,';1-&)(&;.'*(&')(5+"'&#1&1"&'1*.5.@%-3&'-&#+,1%&;,.;,%(*',&2%&'"%5'*.,&()*(&("*%*'*('&);%,%*1'-+8&
!"&5.0&.#1-*3&!"&)#.;1-&1,5+,%*8 C1;+&#15&'1*.5.@%-1-&()*(&#."01)&2%&!"*,(6%"1*&0(&1"&5(#'"%#3&#.,;1-&/%*'-&)(&!"?,%=(2*(&0(&@1"1-&
I)*7(-3&;,(.6%%&(?%;*("%&'1&,(12%*&)+&5("6%"+&)*'*1-&-.,3&#1&,(-%?%'&-.,&;.;1-',+&2%&#1&%"%6%(,%-(&-.,& 5(,)&'-&*,';1-1%8&!"&?("(,'-3&01$1-&"1&)(&.#1;+&0(&'05%"%)*,',('&2%&@1"1-&5(,)&'-&*,';1-1%8&P.'*+&
)(#,(*(3&;()*(&0.1+);,(F(#(&5%%&0(&'"%3&01;+&#15&'7%,5+&01$1,%-(&)1;(,%.',(&'#*1'-(&'-(&9+54"*1-1%3& '#(')*+&.;(,+&.&(L(,#%*+&01@-1-&/%*'-8&9,%"&1,5',(&#."01#(,('&71"#6%%-.,&7%F%.-.?%#(&)(&7'#(&"15'%&0(&
!" & '#()* & )#.;3 & -% & ):' & ,(/(-'* & 5(*.0' & 0( & 515%7%#',( & ' & *,1;1-1%3 & .;(,'6%( & 5%?+-.')+3 & 0', & *,'%"%#+3& #+*,( & 01@-1- & /%*'-3 & 7+,+ & 2*%,(' & 01$1-1%3 & '#()*' & '/4"0 & ;,(.#1;+,% & 0( & .,0%" & )1;(,%.,3 & 2% & '"15(3&
!"?+01%"0&*,1;1-1%&)+&0+%"1%')#+&5%%&0(&'"%8&9,%"&'#(')*+&.;(,'6%(3&*,';1-&*,+%'&5(,(1&.&/%'6+&/(?(*'*%/+& '"'-%F',('&?4"01,%-.,&).)%*(&0%"&*.'*(&;+,6%-(&1"%/(,)1-1%8
-("*+&2%&%"/%F%@%-+Q&%',&;','-(-&#1&(-3&*,+%'&2%&01@-1-&/%*'-3&-(?'*&0(&*,1;1-&#(&"1&51,('&0(7%"%*%/8&I)*7(-&
) $ $ $
("*%*'*(' & );%,%*1'-+ & (,' & !"-+"61%*+& .',(#15&0( &#.,;1- &/%*'-& 2%&0( &*,1;1- &;( &#',( & !-& '"%5')(8 & G%@(,&
0(/("('&01$1-&2%&*.*12%&(,'&!"*,:1"&7(-&)1@=1?'*&#(-.,&0.1+&#.,;1,%&-+)'*(&=.)3&(,'&;,%F."%(,1-&#.,;1-1%&
)+1 & 7%F%#3 & "(;1*4"01:)( & ,(!"*,1;' & !" & '-*+ & 6',+ & 2% & !" & )4"1- & '-*., & "('51,%8 & 9,%" & 1,5',( & (,' & )%-%* & )+& H4*&0(&"(2*%1*.,%&)1"*(53&C.'5"(M&H4*(&*'%"(&(L%)*+&!"&1"%/(,)1-&P+1M&H4*(&7(".5("(&"(/+F1*(&
;-1*(')#+&5(,(1&!"&'*5.)7(,'&7-1%0%#+&'&6+,%%&)'-(3&%"7-1("64"0&;(&#(%&0(&=.)&!"&)(")1-&*,'0%6%(%&2%& )(&;(*,(#&!"=1,'%&".)*,13&0(&#',(&"1&'/(5&"%#%&.&%0((M&H+-01,'&)'1&7,%?1-3&-15%"'&)'1&!"*1"(,%#1-3&/%'6'&
#1-*1,%%&(?%;*("(8&I2'0',3&;1*(,('&)*'*1-1%&(?%;*('"&(,'&0(*(,5%"'*+&0(&.;(,'6%%-(&5'?%#(&'-(&;,(.6%5%%& )'1&5.',*('3&5%2#',('&)'1&?4"0%,('&2%&51-*(&'-*(-(3&)1"*&(7(#*1-&1".,&7.,6(&#(&)+-+2-1%()#&!"&-15('&
2%&(,'&)1)6%"1*+&0%"&);'6%1&0(&;1*(,"%#(-(&01$1,%&:&7.2*%%&;,(.6%&2%&7','."%3&#1&7'5%-%%-(&-.,e&U1-*(& %"/%F%@%-+&'&);'6%1-1%8
/('#1,%3&7','."%%&'1&7.)*&5',%&%"%6%'6%&2%&(,'1&(L;."("6%%&-15(2*%&'%&#')*(%&;,(.6(2*%8 o%(&J15(-(&C.5"1-1%&@%"(#1/4"*'*3&.5("%,('&-(&/'&#1".'2*(&.0'*+&;(&*.'*(M&I5%"8

<
<
&C,(;*'21-&()*(&("*%*'*('&);%,%*1'-+&0(&,'"?&(?'-&#1&("*%*'*('&);%,%*1'-+&!"*,1;'*+3&;(&#',(&.&.#,.*(2*(&;(&*.*&;',#1,)1-&/%(6%%&)'-(& &BU.',*('&!2%&/'&!"*%"0(&',%;%-(&)'-(&')1;,'&#(-1%&#(&/'&*1-@1,'&-%"%2*('&5',(-1%&7','."E&:&@-()*(51-&#."=1,'6%(%&)#,%)(&;(&
*(,()*,(8 )',#.7'?1-&-1%&P1*'"]'5."8
-. ?2,418&48'"(*',&)'1&*(,()*,%'"&'8&27181% WY
C%"#.-.&0(&5'*(,%'&7-1%0%#+&*(,()*,%'"+&#(&'#.;(,+&#'&1"&!"/(-%2&?("(,'-3&0(&=1,&!5;,(=1,3&?-.@1-&
5-.6+*)6*('&%(.)$(+)%&.&$%.#(')(*)-,+*+# ".)*,13&;,%"*,(&;-'"(*(-(&)%)*(51-1%&".)*,1&)(&'7-+&7'*(,%'&)28',+/&)'1&'*72);(,'&;81%5%#+&'&).',(-1%&
".)*,13&!"&#',(&!".'*+&*.'*(&;-'"(*(-(3&!5@,+#'*(&#1&!"/(-%21,%-(&-.,&;-'"(*',(&0(&#'-%*+6%&0%7(,%*(3&!"&
71"#6%(&0(&?,'01-&-.,&0(&(/.-16%(8
U'*(,%'&*(,()*,%'"+&()*(&!5;+,6%*+&!"&*,(%&F."(&5',%A&'-@+&-'&;(,%7(,%(3&'-@')*,+&-'&5%=-.#&2%&,.2%(&-'&
I%&*,(%-('&#.,;&'-&.51-1%&()*(&#2,418&*(,()*,%'"U/&)'1&48'"(*',/&0("15%*&0(&1"%%&.#1-*%2*%&#2,4 & )1;,'7'6'&;+54"*1-1%8&W."(-(&(L*(,%.',(3&#(-(&5'%&7%"(3&;("(*,('F+&;(&#(-(&5%=-.#%%&2%&%"7(,%.',(8&
')*,'89 W."(-(&5%=-.#%%&;("(*,('F+&;(&#(-(&%"7(,%.',(3&;,(#15&2%&*.'*(&#.,;1,%-(&0(&-'&)1;,'7'6'&;+54"*1-1%8&
C("15%,('&0(&')*,'-&"1&()*(&;.*,%/%*+3&!"*,1#4*&0+&"'2*(,(&-'&#."71F%%&)'1&%"*(,;,(*+,%&?,(2%*(3&!"*,: 9,%"&1,5',(3&-'&)1;,'7'6'&;+54"*1-1%&!"*4-"%5&*.'*(&#'*(?.,%%-(&0(&5'*(,%%&*(,()*,%("(3&;,(0.5%"4"0&
'0(/+,3&/(#$%%&.#1-*%2*%&!2%&!"#$%;1%'1&#+&01;+&;+,+)%,('&*,1;1-1%3&'&!"/(-%21-1%&#',"'-3&);%,%*1-&.51-1%3& 5'*(,%'&*(,()*,%'"+&,.2%(3&#(/'&5'%&,(01)+&7%%"0&#('&'-@')*,+&2%&#1&*.*1-&%"7%5+&#('&'-@+8
0(/("%"0&-%@(,&;,%"&'#*1-&"15%*&5.',*(3&;.'*(&/'?'@."0'&0(&-'&1"&#.,;&#(,()#&-'&'-*1-3&;,%"*,(&;-'"(*(& C'#+&.&("*%*'*(&);%,%*1'-+&'-@+&:&#1&,(2(0%"6'&!"&F."(-(&;(,%7(,%#(&'-(&'*5.)7(,(%&7-1%0%#(&*(,()*,(3&
2% & )*(-(8 &I/4"0 & !" & /(0(,( & #+ & ')*,(-( & !".'*+ & !"*,:1" & .#('" & );(#%7%# & 0( & 5'*(,%( & 7-1%0%#+3 &("*%*'*('& '/4"0&.&$'%"+&;-'"(*',+&7.,5'*+&0%"&7-1%01-&*(,()*,%'"&'-@&:&/,('&)+&#.@.',(&;(&)1;,'7'6'&;+54"*1-1%3&
);%,%*1'-+&"(;1*4"0&;(,(?,%"'&;(&1"&')*,13&7+,+&1"&/($%#.-&7.,5'*&0%"*,:.&5'*(,%(&')(5+"+*.',(&5(0%1-1%& *,(@1%(&)+&)(&!"/(-(')#+3&71-?(,+*.,3&#1&*.'*(&5'*(,%%-(&7-1%0%#(&*(,()*,%("(&0(&#1-.',(&'-@')*,+&2%&,.2%(3&
')*,'-&,();(#*%/3&'1&0("15%*&#.,;&')*,'-3&'#()*&!"/(-%2&7-1%0%#&'-&);%,%*1-1%8 #'&)+&'%@+&;.)%@%-%*'*('&0(&'&)(&5("6%"(&'%#%&=.)&1"0(&;,(0.5%"+&5(0%1-&7-1%0%#&,.218
S"*%*'*('&);%,%*1'-+&/("%*+&-'&2#.'-'&-1"?+&'&;-'"(*(%&9+54"*&"1&)(&;.'*(&5%2#'3&01;+&0()*,1;',(3& I#(')*+&5'*(,%(&,.2%(3&%"7(,%.',+&#(-(%&'-@(&0%"&#',(&()*(&'-#+*1%*&)1@*%-1-&)+1&#.,;&;-'"(*',3&!%&
0(#4*&!"&);'6%%-(&7-1%0%#(&'-(&;-'"(*(%&".')*,(8&S'&"1&)(&;.'*(&!"0(;+,*'&0(&F."'&7-1%0%#+&'&9+54"*1-1%3& ;,.#1,+&.&)17(,%"6+&);%,%*1'-+&0(&"(0()#,%)8&R'*+&5.*%/1-&;("*,1&#',(&#.@.,4,('&;(&)1;,'7'6'&;+54"*1-1%&
;("*,1 & ' & )( & 01#( & 0( & (L(5;-1 & !" & x1;%*(, & )'1 & J(;*1"3 & ')(5("(' & (/'0+,% & 7%%"0 & !"?,+0%*( & 0( & -(?%& '&("*%*+6%-.,&);%,%*1'-(&)1;(,%.',(&()*(&1"&5',(&)'#,%7%#%18&C%"&'#(')*+&#'1F+&#.51"%#+,%-(&.51-1%&#1&
%"7-(L%@%-(&2%&0(&#."0%6%%&!"0(;-%"%*(&0.',&0(&("*%*+6%-(&);%,%*1'-(&#."01#+*.',(&'-(&(/.-16%(%&9+54"*1-1%8& 7,'6%%&0%"&);'6%1&)(&)*'@%-()#&0(&,(?1-+&#1&("*%*+6%&);%,%*1'-(&%"7(,%.',(3&)'1&;16%"&(/.-1'*(3&2%&7.',*(&,',&
I#()*(&("*%*+6%&)(&"15()# &!"-(,%&*(,()*,%("%/ &2%&"%#%&-.,&"1&-(&()*(&!"?+01%*&)+&;+,+)(')#+&'*5.)7(,'& #1&#(-(&'-@(3&#',(&0%,%=('F+&2%&#.5'"0+&#(-.,&0(&)1@&(-(8
7-1%0%#+&'&;-'"(*(%&0(#4*&;("*,1&!"0(;-%"%,('&1".,&5%)%1"%8 U'*(,%'&*(,()*,%'"+&;+*,1"0(&;,%"&#.,;1-&/%*'-&2%&*,1;3&',+*4"01:)(&-'&(L*(,%.,1-&*,1;1-1%&".)*,1&
N,.)%5(' & '*5.)7(,(% & 7-1%0%#( & ;,.;,%( & ?-.@1-1% & ".)*,1 & *(,()*,1 & ()*( & 0( & ';,.L%5'*%/ & _qq8qqq& )1@ &7.,5'&1"(%& '1,(3&5'% &)1@6%,%&)'1& 5'%& ?,.')(3 & 5'%&!"*1"(#'*(& )'1&5'%&-15%".')(3& 01;+& #15&
]%-.5(*,%3&('&7%%"0&#1&0()+/4,2%,(&0(.)(@%*+&0(&(*(,1-3&0(&'*5.)7(,'&7-1%0%#+&'Z&#(-.,-'-*(&;-'"(*(&0%"& );%,%*1-&'#(-1%&.5&()*(&5'%&51-*&)'1&5'%&;16%"&(/.-1'*8&N,.)%5('&(%&;.'*(&'*%"?(&dq:\q&0(&#("*%5(*,%&
)%)*(51-&".)*,18&R'*+&5.*%/1-3&;,%"*,(&51-*(&'-*(-(3&;("*,1&#',(&.&("*%*'*(&);%,%*1'-+&*(,()*,+&"1&;.'*(& 2%&/'&7%&#1&'*4*&5'%&!"*%")+&2%&5'%&-15%".')+3&#1&#4*&.51-&/'&7%&5'%&#.,(#*&!"&/%'6+3&5'%&;%.)3&5'%&
#+-+*.,%& ;(&'-*+& ;-'"(*+3& ('& 7%%"0 & "(/.%*+& )+ &0(F@,'#(& 5'% &!"*4% &$'%"' &7-1%0%#+ &*(,()*,%'"+3& #.,;1-& 5.,'-3&5'%&%"*(-(#*1'-&:&#1&'-*(&#1/%"*(3&.&("*%*'*(&);%,%*1'-+&#1&.&5',(&/(#$%5(&2%&.&5'%&-1"?+&2#.'-+&
;-'"(*',3&2%&';.%&)+&!5@,'#(&.&$'%"+&;-'"(*',+&7.,5'*+&0%"&7-1%0(-(&;-'"(*(%&,();(#*%/(8&C',&0(&1"0(& (/.-1*%/+8
)+:2%&;,.#1,(&!"/(-%21-&7-1%0%#&'-&;-'"(*(%&;(&#',(&',&0.,%&)+&;(,(?,%"(F(3&#+#%&'%#%&;(&9+54"*&"1:<& I1,'&#.,;1-1%&;-'"(*',&()*(&!"*,:.&#."*%"1+&/%@,'6%(3&)17(,%"0&/',%'6%%&0(&-'&5.5("*&-'&5.5("*3&
?+)(2*(3&2%&#$%',&0'#+&',&(L%)*'3&"1&2*%(&#15&)+&2%:<&!")12(')#+8 !"&71"#6%(&0(&#."0%6%%-(&5(*(.,.-.?%#(3&)*',('&0(&)+"+*'*(&'&.51-1%&2%&)*',('&)'&)17-(*(')#+A&0.,%"6(-(3&
9(&)#1,*&:&'-&*,(%-('&!"/(-%2&'-&)#4"*(%%&0%/%"(&()*(&1"&#.,;&7-1%0%#3&7.,5'*&0%"&5'*(,%'&#(&!"/(-(2*(& )("*%5("*(-(&2%&?4"01,%-(&)'-(3&#'-51-&)'1&%,%*',('3&#15%"6("%'&)'1&*%#+-.2%'&)'&(*#8
;-'"(*'&1"0(&01$1-&!2%&7'#(&2#.'-'&(/.-1*%/+8&I#()*&/($%#.-&#.,();1"0(&!"/(-%21-1%&7-1%0%#&'-&;-'"(*(%& C'#+3&;,%"&'#*1-&5.,6%%3&01$1-&1"1%&.5&;%.)3&@1"&2%&#.,(#*&2%:'&;+,+)%*&*,1;1-3&(-&/'&;+,+)%&2%&
".')*,(3&0("15%,('&)'&#.,(#*+&7%%"0&#('&0(&#.,;&*(,()*,%'"&)'1&#.,;&;-'"(*',8 #.,;1- & /%*'-3 & 2% & 0'#+ & ?,'01- & )+1 & (/.-1*%/ & ()*( & 0( & );%,%* & '-@3 & /' & 0(F@,+#'3 & ,4"0 & ;( & ,4"03 & 7-1%0(-(&
C1;+&#(&'5&)*'@%-%*&'#()*&'0(/+,3&)+&/(0(5&,.-1-&!"0(;-%"%*&!"&7%%"6'&".')*,+&0(&'#()*&#.,;&7-1%0%#8 ;-'"(*',( & ,.2%% &2%& '-@')*,(3 & ,+54"4"0& !"& )7(,' &)'3 & !"/(-%*& "15'% &#1 & 7-1%0(-( & '-@( & #.,();1"F+*.',(&
C1;+&;.F%6%'&)'3&#.,;1-&;-'"(*',&)(&'7-+&!"&;,.71"F%5('&#.,;1-1%&/%*'-3&7%%"0&%"*(,5(0%',&!"*,(& ?,'01-1%&)+1&(/.-1*%/8&H4"0&.&')(5("('&("*%*'*(&);%,%*1'-+&#.@.',+&;(&)1;,'7'6'&;+54"*1-1%3&#1&.&
#.,;1-&/%*'-&2%&#2,418&)28',&:&'2(F'*&2%&5'%&'04"#&!"&5')'&7-1%0%#+&'&;(,%);%,%*1-1%8 .',(#',(&5%)%1"(&)'1&;("*,1&'&#.51"%#'&#1&'"15%*(&("*%*+6%&);%,%*1'-(&!"*,1;'*(3&)*,+-1#%,('&)'&()*(&
!"/(-%21-&*(,()*,%'"&'-&.51-1%&()*(&0(&0%7(,%*(&#'-%*+6%3&01;+&#15&2%&!"/(-%21-&7-1%0%#&;-'"(*',&'-& '*4*&0(&;1*(,"%#+&:&#1&*.'*(&#+&()*(&!"/(-%*+&!"&5'*(,%(&;-'"(*',+&%"7(,%.',+&:&!"#4*&()*(&/+F1*+&0(&.51-&
?-.@1-1%&()*(&2%&(-&0(&0%7(,%*(&#'-%*+6%3&,(;,(F("*'*(&;,%"&#1-.,%-(&2%&"1'"6(-(&'0(#/'*(8&o%(#',(&("*%*'*(& *,1;()#8
);%,%*1'-+&!5@,'#+&1"&#.,;&;-'"(*',&7.,5'*&0%"&5'*(,%'&7-1%0%#+&;-'"(*',+&#.,();1"F+*.',(&)7(,(%&1"0(& I1,'&;-'"(*',+3&')(5("('&'1,(%&/%*'-(3&!"#."=.',+&*,1;1-&.51-1%3&,(;,.01#4"0&.',(#153&!"*,:.&
!2%&',(&,(2(0%"6'8 7.,5+&#1&51-*&5'%&/'?+3&#."*1,1-&*,1;1-1%&)+13&2%&',(&!"7+6%2',('&1"1%&.1&#1&/4,71-&!"&=.)8
U'*(,%'&#(&7.,5('F+&!"/(-%21-&7-1%0%#&?("(,'-&'-&;+54"*1-1%&()*(&#1&51-*&5'%&7%"+&0(#4*&5'*(,%'& I#(')*+&5'*(,%(&;-'"(*',+&"1&.&0(6%"(&"15'%&.51-3&#%&7%(#',(&#.,;&/%1&0(&;(&)1;,'7'6'&;+54"*1-1%8
7-1%0%#+&/%*'-+3&#(&!"/(-(2*(&.,%#(&#.,;&0(&;(&)1;,'7'6'&;+54"*1-1%8&H(('&#(&:&!"&5',(&:&()*(&'*5.)7(,'& I2'0',3&!"&'7',+&0(&'1,'&/%*'-+3&*.'*(&#.,;1,%-(&'1&!"&=1,1-&-.,&2%&.&'1,+&;-'"(*',+3&@%"(!"6(-()&7.,5'*+
*(,()*,%'"+&'&?-.@1-1%&".)*,13&!"&5%#3&()*(&#.,;1-&7-1%0%#&;-'"(*',&#(&!"#."=.',+&2%&;+*,1"0(&.,%#(&#.,;& 0%"*,:.&5'*(,%(&;-'"(*',+&0(&.&#'-%*'*(&#1&51-*&%"7(,%.',+&#(-(%&0%"&#',(&()*(&7.,5'*&#.,;1-&;-'"(*',
5%"(,'-3&/(?(*'-3&'"%5'-&)'1&15'"&0(&;(&)1;,'7'6'&;-'"(*(%8 15'"8 Z
K1;(,%.,%*'*('&5'*(,%(%&;-'"(*',(&7'6+&0(&#('&/%*'-+3&#.")*+&!"&%"*(")%*'*('&2%&;1*(,('&5'%&5',(&0(& C'#+&1"&.5&2%:'&;%(,01*&1"&;%#%.,&)'1&.&54"+3&5(5@,1-&7-1%0%#&;-'"(*',&;(,)%)*+&51-*+&/,(5(3
/%@,'6%(&'&;',*%#1-(-.,&#(&.&#.5;1"8&S"(,?%'&"+)#1*+&0%"&/%@,'6%'&5'*(,%(%&;-'"(*',(&()*(&#1&51-*&5'%& 0%"&#'1F'&'*,'#6%(%&5'?"(*%#(&7.',*(&;1*(,"%#(&0%"*,(&;',*%#1-(-(&5'*(,%(%&;-'"(*',(3&2%&!"&'"15%*(
5',(&0(#4*&#('&;,.01)+&0(&;',*%#1-(-(&/%*'-(3&#',(&'"%5+&#.,;1,%-(&0(&;(&)1;,'7'6'&;+54"*1-1%8&9(& F%-(3&#4"0&'(,1-&()*(&7.',*(&15(0&)'1&!"#+,#'*&#1&51-*+&(-(#*,%#%*'*(3&)%5*(&.&01,(,(&-'&;%#%.,1-&;(
5+)1,+&#(&"(&!"0(;+,*+5&0(&;+54"*3&0(&?-.@1-&*(,()*,13&';,.;%%"01:"(&0(&;(,%7(,%'&'*5.)7(,(%&)'-(& #',(&"1:<&5'%&',(8&H1&*%5;1-3&'#()*&5(5@,1&7-1%0%#&)(&,().',@(3&5'*(,%'&#',(:<&7.,5('F+&,(*,+?4"01:)(
7-1%0%#(3&5'*(,%'&*(,()*,%'"+&()*(&5'%&7%"+3&',(&.&-1"?%5(&0(&1"0+&5'%&5%#+&2%&.&7,(#/("6+&/%@,'*.,%(& *,(;*'*&!"&,()*1-&#.,;1-1%&;-'"(*',8 O/
5'%&5',(3&5.*%/&;("*,1&#',(&()*(&0%"&#(&!"&#(&5'%&/%(&2%&5'%&-15%".')+3&;4"+&-'&'-@1-&#(-&5'%& G'&7(-&)(&;(*,(#(&2%&#1&,'51,%-(&1"1%&#.;'#8&C'#+&*+%(5&.&#,('"?+3&;',*('&;-'"(*',+&#.,();1"F+*.',(&
)*,+-1#%*.,8 '#()*(%&,'51,%&;(,)%)*+&51-*+&/,(5(8&C(&')(5("('3&5'*(,%'&')*,'-+&'&1"1%&.@%(#*&0%"&=1,1-&".)*,1&:.&
[%@,'6%'&;1*(,"%#+&'&5'*(,%(%&*(,()*,%("(&!%&0+&!")12%,('&0(&'&)*,+@'*(&;,%"&7-1%01-&/%*'-&2%&;,%"& .'-+3&1"&)#'1"3&.&)*'*1(*+&:&)(&0%/%0(&!"&*.*&'*4*'&@1#+6%&!"&#4*(&):'&,1;*&.@%(#*1-8
'(,1-3&-%#$%0(-(&2%&).-%0(-(&;+54"*1-1%3&0(&;',#+&(-(&"%#%&"1&',&(L%)*'8&I)*7(-&)(&(L;-%#+&7';*1-&#+& 9("*,1&;1"(,('&!"&(/%0("6+&'&'#()*1%&7';*3&):'&7+#1*&1,5+*.',('&(L;(,%("6+8&K:'&*,(#1*&.&,'F+&
5'*(,%'&7%F%#+&()*(&;+*,1")+&0(&5'*(,%'&*(,()*,%'"+3&2%&#+&("*%*+6%-(&);%,%*1'-(3&!"/(-%*(&-'&(L*(,%.,1-& -15%".')+&;,%"*,:.&;,%)5+&.@6%"4"01:)(&')*7(-&1"&);(#*,1&).-',8&C'#+&!"*,(&;,%)5+&2%&(#,'"1-&;(&#',(&
;(,%);%,%*1-1%&#1&$'%"'&*(,()*,%'"+3&'1&;.)%@%-%*'*('&0(&'&;+*,1"0(&:&!"&0(;-')+,%-(&-.,&*(,()*,(&:&;,%"& ):'1&;,.%(#*'*&#(-(&2';*(&#1-.,%&'-(&);(#*,1-1%&).-',&)(&%"*(,;1"(&5(5@,1-&;-'"(*',&#.,();1"F+*.,&
F%01,%3&12%3&7(,()*,(3&;,%"&*.'*(&#.,;1,%-(&7%F%#(8&C1$1,%-(&%"7(,%.',(3&@4"*1%"0&#1&5%-%',0(-(&)1;,'7'6'& #(-1% & *,1;()#&'5;1*'*3 &)( & #.")*'*+ & #+ & "1& )( & 5'% & 7.,5('F+& ;(&(#,'"& "%#% &1" & );(#*,18&I#(')*' &)(&
;+54"*1-1%3&)*,+@'*&;,%"&#')(3&51"6%3&#.;'#%3&7+,+&#'&(-(&)+&)%5*+&#(/'&2%&7+,+&#'&".%&)+&2*%5&0(&(-(8 !"*45;-+&;("*,1&#+&#(0'&'&!5;%(0%#'*&*,(#(,('&,'F(-.,&#.-.,'*(&);,(&(#,'"3&2%&'#(-&#(/'&()*(&5(5@,1-&
T"(.,%&'#()*(&("*%*+6%&);%,%*1'-(&%"7(,%.',(&;+*,1"0&!"&#.,;1-&7%F%#&'-&.51-1%&2%3&0%"&"(7(,%#%,(3&!"& 7-1%0%#&;-'"(*',3&;(,)%)*("*&!"&5.5("*1-&(L;(,%("6(%8
'#(-'2%&*,1;&2%&#.,;&/%*'-&/%(61%()#&0.1+&("*%*+6%&);%,%*1'-(&:&)*+;4"1-3&#',(&"1:2%&0+&)('5'&#+&()*(& H.,;1-&;-'"(*',&()*(&.,?'"%F'*&;("*,1&!"0(;-%"%,('&5%)%1"%%&)'-(3&'0%#+&0%7(,%*(-(&-1%&;',*%#1-(&)1"*&
;.)(0'*3&2%&1"&%"*,1)&#',(&#.")*%*1%(&#(('&#(&)(&"15(2*(&1"&42)(5'"*9 .,0."'*(3&'2(F'*(&!"&'"15%*(&0%);.F%6%%&2%&0%,(#6%%3&#1&/%@,'6%%&'0(#/'*(8&H1&'-*(&#1/%"*(3&(-&()*(&/%13&.,&
;,%"&7';*1-&#+&*,+%(2*(&2%&71"#6%."('F+3&5'*(,%'&0%"&#',(&(&#.5;1)+&)(&1F('F+3&)(&#.,1;(3&2%&#'&'*',(&
*,(@1%(&(-%5%"'*+&2%&!"-.#1%*+&#1&'-*'3&;,.');+*+3&"1*,%*%/+&2%&')%5%-'@%-+8&!"&'#()*&)#.;&#.,;1-&;-'"(*',&
<
&I#()*&#.,;&()*(&#1".)#1*&2%&)1@&"15(-(&0(&#2,418&52,%".(%/&;("*,1&)%5;-1-&7';*&#+&()*(&;1,*+*.,1-&)'1&/($%#.-1-&0.,%"6(-.,8 (L(,#%*+&.&0%-'*',(&2%&.&#."*,'#*',(&')(5+"+*.',(&#1&#('&'&#.,;1-1%&/%*'-3&0(#%&.&5+,%,(&2%
WZ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&C,%7'&#',*( ?2,418&48'"(*',&)'1&*(,()*,%'"&'8&27181% W[

. & 5%#2.,',( & ' & /.-151-1% & )+13 & '@).,@%"0 & -' & 7%(#',( & ;1-)'6%( & ' & )'3 & 5'*(,%( & ;-'"(*',+ & 0%" & 5(0%1-& %"*,.01#(&!"&?1,+&#$%"%"+3&2%&#1&*.'*(&'#()*('&/.5&.@)(,/'&#+&*,1;1-&)+1&'0.,5%*&,+54"(&%")(")%@%-3&
!"#."=1,+*.,8 & H4"0 &)( &0%-'*+3 &'@).',@( &5'*(,%(& ".1+Q& #4"0& )( &#."*,'#*+3 &.& (-%5%"+ & ;(& #(' &1F'*+8& "1 & )%5*( & '@).-1* & "%5%#8 & K%)*(51- & )+1 & "(,/.) & #("*'- & 2% & ;(,%7(,%# & ()*( & -' & -.#1- & )+13 & '*1"#% & 0( & #(&
I)(5("('&*,1;1-1%&2%&#.,;1-1%&/%*'-3&#.,;1-&;-'"(*',&)(&$,+"(2*(&2%&()*(&!"*,:.&#."*%"1+&;,%5("%,(8 %5;,()%'&(L*(,%.',+&"1&)(&*,'")7.,5+&!"&)("F'6%(D&c+);1")1-&/%"(&0(&-'&)%"(8&K("F'6%'&)(&;,.01#(&!"&
K:',&;+,('&#+&*.6%&.'5("%%3&'/4"0&1"&#.,;&;-'"(*',3&'@).,@&0%"&'*5.)7(,'&7-1%0%#+&'&;+54"*1-1%& #.,;1-&;-'"(*',3&'7-'*&!"&'7','&*,1;1-1%3&!"&5.5("*1-&(L;(,%("6(%8
'#(('2%&5'*(,%(8&J1&)(&!"*45;-+&'2'3&;("*,1&#+&7%(#',(&%"0%/%0&',(&1"&#.,;&;-'"(*',&0(.)(@%*3&#."7.,5& I/4"0&;',*%#1-(-(&)'-(&!"*,:.&#."*%"1+&'#*%/%*'*(3&0(".*4"0&.&'"15%*+&)(")%@%-%*'*(&2%&#$%',&*("0%"6'&
?,'01-1%&(/.-1*%/&'-&);%,%*1-1%&)+18&9.*,%/%*&"'*1,%%&)'-(3&#.,;1-&;-'"(*',&'@).',@(3&;(&#'-(&)(-(#*%/+3& 0(&,(7-(L3&#.,;1-&;-'"(*',3&)(&;.'*(&#.")%0(,'&#'&7%%"0&1"&#.,;&/%13&#(&',(&.&/%'6+&;,.;,%(3&2%&;,%"&
"15'%&'#('&#'-%*'*(&0(&7-1%0&;-'"(*',&0%"&#',(&)(&#.5;1"(&(-&!")12%8 (L*(")%( & : & . & #."2*%%"6+ & 2% & . & /.%"6+ & ' & )' & ;',*%#1-',+8 & S & ?,(1 & 0( & #1;,%") & %0((' & #+ & . & 5'*(,%( & ()*(&
H.,;1-&;-'"(*',&()*(&.&%#.'"+&7%0(-+&'&)("*%5("*(-.,3&%5;,()%%-.,3&)("F'6%%-.,&2%&0.,%"6(-.,&".')*,(8& #.")%0(,'*+&/%(&;,%"&('&!")+2%3&2%&!"&;-1)&#+&',(&#';'#%*'*('&)+&(L;,%5(&.&/.%"6+&2%&)+&';,(#%(F(&#(('&
S-&)(&)#$%5@+&!"&*."'-%*+6%&0(&#1-.,%&2%&/%@,'6%%3&01;+&)*+,%-(&".')*,(&)17-(*(2*%8&o%(#',(&#'-%*'*(&)'1& #(:%&#."/%"(&2%&#(('&#(:%&0+1"('F+Q&2%&*.*12%3&'#()*'&()*(&;1,1-&'0(/+,8&a,%#',(&',&7%&?,'01-&0(&(/.-16%(&
0(7(#*&'-&)17-(*1-1%&".)*,1&:&".@-(6('&)'1&*%#+-.2%'&7%%"6(%&".')*,(&:&)(&','*+&!"&(L*(,%.,3&!"&'1,'&".')*,+& '-&1"(%&5'*(,%%&:&#+#%&2%&5'*(,%'&()*(&)1;1)+&-(?%%&(/.-16%(%&:&('&',(&)(")%@%-%*'*(3&!"6(-(?(,(&2%&/.%"6+3&
;-'"(*',+3&;,%"& '"15%*(&#1-.,%8&C'#+& ;1"(5&!"&7'6'&1"1%& #-',/+F+*.,3&'&1"1%&.5& #',(&'& 0.@4"0%*& ;("*,1&#+&(&/%(3&7%%"0&7.,5'*+&0%"&;',*%#1-(&/%%3&'0(/+,'*(&7%%"6(3&%"7%"%*&0(&5%#%8
/(0(,('&);%,%*1'-+3&.&;(,).'"+&:&/()(-+&)'1&*,%)*+3&#'-5+&)'1&%,%*'*+3&/%#%.')+&)'1&#15%"*(&:&5(0%151-& C',3&)+&5+&!"*.,#&-'&#.,;1-&".)*,1&;-'"(*',8 &U'*(,%'&).-%0+3&-%#$%0+&2%&?'F.')+&'&;+54"*1-1%&
-1#%0&"(&/'&%"0%#'&'"15%*(&#1-.,%&2%&/%@,'6%%&!"&1"0(-(&'1,(%&0%"&=1,1-&#.,;1-1%&2%&!"&);(#%'-&!"&#('&#',(& ".)*,1&',(&0()*%"1-&)+&(/.-1(F(3&;("*,1&'&)(&*,'")7.,5'&!"&5'*(,%(&;-'"(*',+&0(&1"&?,'0&)1;(,%.,8&C',&
!"#."=.',+&#';1-&;(,).'"(%&(L'5%"'*(8&I)*7(-3&,.21&';,%")&0(".*+&54"%'&0(&#',(&(&#1;,%")&1"&.53&,.21& .,%#4*&0(&7%"+&',&7%&5'*(,%'&;-'"(*',+3&('&)%5*(&.&'*,'#6%(&(L(,#%*'*+&0(&)1,.,%-(&)'-(&%"7(,%.',(&:5'*(,%'&
!"#$%)&','*+&#+&'#(-&.5&(&1"&)("F1'-&0()7,4"'*3&,.21&@,1"&0(F/+-1%(&;(&.51-&F?4,#%*3&;(&'/',1-&'-&#+,1%& ?'F.')+3&-%#$%0+&2%&).-%0+&'&?-.@1-1%3&;(&#',(&)*+&;%#%.,1-&".)*,18
?4"0&(&!"0,(;*'*&"15'%&-'&@'"%3&1%*4"0&#+&*.*1-&/'&,+54"(&'%#%3&#4"0&/'&).)%&5.5("*1-&#(-&5',(8& I*1"#% & #4"03 & ;,%" & !"0(;-%"%,(' & 71"#6%%-., & )'-(3 & #.,;1- & ".)*,1 & ;-'"(*', & )+,+#(2*( & !" & 5'*(,%' & )'&
H("12%1&0()#$%)&','*+&7,%#'3&;.,*.#'-%1&%"0%#+&1"&.5&.,?.-%.)3&54"0,1&0(&7%%"6'&)'8&N'-@("1-&0(".*+& #.")*%*1*%/+3&)(&"'2*(&!"&(-&.&)*',(&;',*%#1-',+&0(&"(#()%*'*(3&0(&,();%,'6%(3&*,'01)+&.51-1%&*,1;()#&)1@&
;( & .51- & #( & ;.)(0+ & . & %"*(-%?("6+ & )1;(,%.',+8 &[%.-(*1-& ','*+ & ;( & .51- & );%,%*1'-%F'*8 & c.F1- & 0()#$%)3& 7.,5+&0(&7.'5(&)'1&)(*(8&I#(')*+&');%,'6%(3&'#(')*+&#$(5',(&'&#.,;1-1%&".)*,1&;-'"(*',3&)(&"15(2*(&
')(5("('&,.F(-.,3&','*+&%1@%,('&)1@&*.'*(&7.,5(-(&(%8 0.,%"6+8&H1& '-*(&#1/%"*(3& #.,;1-& ".)*,1 &*(,()*,%'"&: & '-& ("*%*+6%-.,& );%,%*1'-(& !"*,1;'*(& :& ()*(& )(0%1-&
H1-.,%-(&#.,();1"F+*.',(&)("*%5("*(-.,&2%&;')%1"%-.,&.5("(2*%3&7%%"0&-(?'*(&0(&?,'01-&0(&(/.-16%(& 0.,%"6(-.,&.5("(2*%3&'&*.*&#(('&#(&)'*%)7'#(&?1,'3&'&*.*&#(('&#(&;,.01#(&)("F'6%%&:&1"%,('&)(L1'-+&(*#8&
'-&("*%*+6%%&);%,%*1'-(3&'1&1"&#','#*(,&;(,5'"("*3&;(,)%)*4"0&;(&;',#1,)1-&1"(%&/%(6%&*(,()*,(8&J15'%& H.,;1-&;-'"(*',&()*(&)(0%1-&1"0(&)(&"'2*(&2%&)(&7%L('F+&54"0,%'3&1,'3&'/',%6%'3&-+#.5%'&2%&51-*(&'-*(&
)*+,%-(&)17-(*(2*%&.#'F%."'-(&:&01,(,('3&/()(-%'3&%,%*',('&0(&5.5("*&:&)(&','*+&;,%"&#1-.,%&#.,();1"F+*.',(& /%#%%8&S-&"(&-('?+&;1*(,"%#&0(&;+54"*3&;,%"&*.'*(&@1"1,%-(&2%&;-+#(,%-(&;(&#',(&'#()*'&"%&-(&;,.#1,+8&C%"&
-.,3&#',(&;%(,&.0'*+&#1&)#$%5@',('&)*+,%%&)17-(*(2*%8 '#(')*+&#'1F+3&#.,;1-1%&;-'"(*',&%&):'&5'%&0'*3&0(&#+*,(&1"%%&.#1-*%2*%3&"15(-(&0( &)1;8(*6'"%7'89 &S-&
K*+,%-( & )17-(*(2*% & )1;(,%.',( & ?("(,('F+ & /%@,'6%% & ',5."%.')(3 & 1"0( & /%@,'*.,%% & (?'-(3 & ,%*5%#( & 2%& 7%%"0&@,1*'&0%"&.53&#',(&!-&!5;%"?(&-'&)'*%)7'#(,('&)%561,%-.,&2%&'&;')%1"%-.,&=.)"%#(8
.,0."'*(3&#',(&)(&;,.;'?+&!"&);'6%1&;(&5',%&0%)*'"6(8&C'#+&!"*4-"()#&!"&#'-('&-.,&1"&.53&!%&;,./.'#+&.& R5;,()%%-(&/("%*(&0%"&'7',+&:&01;+&#(&'1&7.)*&!",(?%)*,'*(&0(&.,?'"(-(&0(&)%56&:&)1"*&*,'")5%)(&
',5."%F',(&'&/%@,'6%%-.,&!"/(-%21-1%&)+1&);%,%*1'-3&%',&'#()*'&)(&/'&)%56%&5'%&-%"%2*%*3&5'%&51-615%*3&7+,+& #.,;1-1%&;-'"(*',3&)1@&7.,5+&0(&/%@,'6%%3&;,%"&%"*(,5(0%1-&#.,;1-1%&/%*'-3&!"&);(#%'-&'-&#(-1%&0%"&=1,1-&
)+&2*%(&#'1F'&".%%&)'-(&)*+,%8 "(,/%-.,8&R"&#.,;1-&;-'"(*',&)1"*&*,'")7.,5'*(&!"&)("F'6%%&0(&01,(,(&)'1&;-+#(,(3&01)(&5'%&0(;',*(&-'&
a51-& ;,(.#1;'* & 0(& ?4"01-3 & ,+F@1"+,%%3 & '- & 1#%0(,%%3 & '- & 71,*1-1%3 & .51-& 7,+54"*'* & 0(& %"/%0%( & 2%& )#4"*(%'&0%/%"+3&("*%*'*('&);%,%*1'-+&,('-+&2%&/(2"%#+&'&*1*1,.,&7%%"6(-.,8&K;%,%*1-&%'&#1".2*%"6+&;,%"&
;')%1"%&=.)"%#(3&,+);4"0(2*(&!"&=1,1-&)+1&1"0(&"(,(?1-'*(3&0(F.,0."'*(3&#1&%"*(")%*+6%&2%&'5;-%*10%"%& ;,.;,%(*+6%-(&#.,;1-1%&%"*(-(#*1-1%3&#.,;&'7-'*&!"&%5(0%'*'&/(#%"+*'*(&'&);%,%*1-1%3&2%&!"&%"*(,%.,1-&#+,1%'&
0%7(,%*(8&9,%"&/%@,'6%%-(&-.,3&'#()*(&1"0(&0(F',5."%F('F+&*.*&#(&!"*4-"()#&!"&#'-(8&T"&.5&"(,/.)3&#(&"1: )("F'6%%-(&!",(?%)*,'*(&)1"*&*,'")7.,5'*(&!"&)*+,%&;',*%#1-',(3&"15%*(&(5.6%%8&I2'0',&%5;,()%%-(&-15%%&
2%& ?+)(2*(& -%"%2*('3&;(&#',(& !-& %,%*+& *.6%&2%&*.'*(3&',(&#.,;1-&;-'"(*',&!"*,:.&#."*%"1+&71,*1"+8&T".,& 7%F%#(&)1"*&;(,#(;1*(&0(&.,?'"(-(&0(&)%56&'-(&*,1;1-1%3&0(&1"0(&)1"*&*,'")5%)(&0%"&#.,;&!"&#.,;&:/%*'-3&
')(5("('&.'5("%&-%&)(&,(#.5'"0+&1"&5(0%1&-%"%2*%*3&-'&6',+3&0(;',*(&0(&/4-*.',('&-15%%3&0(&71,"%#',1-& ;-'"(*',3&).-',3&5("*'-&:&;4"+&-'&?4"0%*.,1-&#("*,'-3&)#4"*(%'&0%/%"+3&#',(&%'&#1".2*%"6+&2%&0(#%0(3&
5',%-.,&#("*,(&1,@'"(3&-.#1,%&1"0(&%"7-1("6(-(&"(7(,%#%*(&'-(&.5("%,%%&!"&7,+54"*',(&)1"*&5'%&,(01)(8 ;.*,%/%*&?,'01-1%&)+1&(/.-1*%/8
K;'6%%-(&)1"*&!5@4#)%*(&0(&1"&;+%("=("%2&0(&%0(%&2%&)("*%5("*(&;,.;'?'*(&!"&0%7(,%*(&0%,(#6%%3&)1@& I5 & ',+*'* & #+ & !"/(-%21- & ;-'"(*', & )( & '7-+ & !" & *.'*( & #.,;1,%-( & 0( & ;( & ?-.@1- & ".)*,13 & !"#(;4"0 & #1&
7.,5+&0(&1"0(3&7+,+&'&)(&0(,'"='&1"(-(&;(&'-*(-(8&S-(&)1"*&5'%&@.?'*(&!"&5',%-(&'?-.5(,'6%%&.5("(2*%& 5%"(,'-(-( & 2% & )74,2%"0 & #1 & .51-8 & S/%0("* & #+ & !" & 7%(#',( & !2% & ',( & ,.-1- & 2% & ?,'01- & )+1 & 71"#6%."'-3 & !"&
2%&5'%&;16%"(&!"&,(?%1"%-(&!"0(;+,*'*(3&)'*(3&51"6%3&;+01,%&)'1&!"&-',?1-&5+,%-.,8&C%"&'#()*&5.*%/& #."7.,5%*'*(&#1&*,(';*'&0(&(/.-16%(&'&)%)*(51-1%&,();(#*%/8&K(")%@%-%*'*('&2%&,(7-(L(-(&#.,;1-1%&;-'"(*',&
"'*1,%-.,&)1;,')(")%@%-(&-%&)(&,(#.5'"0+&#+-+*.,%%&;(&5+,%3&2(0(,('&-'&51"*(&)'1&!"&-.#'-%*+6%&%F.-'*(8 '-&5%"(,'-(-.,&/.,&7%&7.',*(&,(01)(3&"(7%%"0&)()%F'*(&0(&.,?'"(-(&".')*,(&0(&)%568&S-(&)1"*&#(/'&5'%&
R"*,4"0&!"*,:.&#')+&1"0(&#&*,%)*(6(3&;-4")&2%&='-(3&.51-&)(&)%5*(&0(&-'&.&/,(5(&#1;,%")&0(&.&54$"%,(& '##("*1'*(&-'&;-'"*(&2%&)(&','*+&#1&.&".*+&0()*1-&0(&;1*(,"%#+&-'&'"%5'-(8
#(:%&7'#(&,+13&#+1*4"0&)+&)(&!"0(;+,*(F(&0(&'#(-&7.#',&0(&/%@,'6%%3&#',(&!-&#.;-(2()#8&R"*,4"0&!"*,:1"& N,'6%(&#.,;1-1%&)+1&;-'"(*',3&1"&#4%"(&)%5*(&01,(,(3&6%;+&2%&71?(&#4"0&()*(&-./%*8&I;',%6%'&)*+;4"1-1%&)+1&!%&
#(,#&/()(-3&0(&5',(&@1#1,%(3&/%@,'6%%-(&;-'"(*',(&;-(#'*(&0%"&7%%"6'&'#()*.,&;(,).'"(&0%);1"&;(&.,%#(& ;,.01#(&.&5',(&@1#1,%(3&%',&-%;)'&5'%&!"0(-1"?'*+&'&'#()*1%'3&!%&;,./.'#+&*,%)*(6(8&U.',*('&)*+;4"1-1%&
.53&)%56%"01:)(&'*,')&2%&,(6%"1*&#4*&5'%&51-*&-4"?+&'#(')*+&)1,)+&0(&/%@,'6%%&@%"(7+#+*.',(8 . & ;-4"?( & #1 & -'#,%5%3 & #+F4"0 & !"*,:. & ;,.71"0+ & 0(;,()%( & )17-(*(')#+8 & H4%"(-( & ',( & 5'"%7()*+,%&
C%"*,(&*.'*(&0(7(#*(-(&.51-1%3&1,'&()*(&#('&5'%&;1*(,"%#+3&/%@,'6%%-(&(%&;,.;'?4"01:)(&0(;',*(&0(& ')(5+"+*.',(&#1&'-(&.51-1%Q&(-&%1@(2*(&;4"+&-'&)'#,%7%#%13&0',&2%&1,+2*(&;4"+&-'&5.',*(8&S&-'#.53&(&
'1*.,1-&-.,3&-./%"0&2%&F0,1"#%"4"0&#.,;1-&;-'"(*',&'-&'-*.,'8&T"&')(5("('&.5&;-%"&0(&/("%"&()*(&1"& ?(-.)&;(&1"&'-*&#4%"(3&#4"0&/(0(&#+&(&54"?4%'*&)'1&%&)(&0+&5'%&51-*+&'*("6%(3&2%&'2'&5'%&0(;',*(8&C(&
#,%5%"'-&'"."%53&#',(&#."*,%@1%(&;,%"&0(7(#*1-&)+1&-'&!"*4,F%(,('&(/.-16%(%&.5("%,%%8 '%#%&*,'?(5&#."#-1F%'&#+&/($%#.-1-&;-'"(*',&()*(&1"&%")*,15("*&?("(,'-&;(&;-'"(*'&".')*,+3&;("*,1&
.,%#(&);%,%*3&0(&.,%#(&7(-&2%&?,'0&',&7%&(-&:&5%"(,'-3&/(?(*'-3&'"%5'-&)'1&15'"8
a,%#(&#.,;&)'1&%")*,15("*&'-&);%,%*1-1%3&7%%"0&7.,5'*&0%"&5'*(,%(&/%(&:&#1&)(")%@%-%*'*(3&#1&!"6(-(?(,(&2%&
/.%"6+&:&;.'*(&!",(?%)*,'&%5;,()%%-(&5(0%1-1%&!"#."=1,+*.,&;,%"&.,%#',(&;',*(&'&)'8&R'*+&.&;,.@+8
o1"#6%%-(&#.,;1-1%&;-'"(*', K(&'0.',5(&5'?"(*%#&1"&.53&)17-(*1-&)+1&0%"&#'1F'&#1,("*1-1%&5'?"(*%#&'-&5'?"(*%F'*.,1-1%&
)17(,+&.&)(;',',(&0(&#.,;1-&)+1&7%F%#8&C%"&'#(')*+&#'1F+3&(-&)(&#.5;.,*+&#'&2%&#15&',&7%&.',(#15&-%@(,&
H.,;1-&;-'"(*',&!"0(;-%"(2*(&!"&.5&1,5+*.',(-(&71"#6%%A&<8&()*(&;1"*('&0(&-(?+*1,+&!"*,(&#.,;1-& !"&);'6%18&91"(5&'#15&1"&F%',&!"&7'6'&.#$%-.,&#(-1%&'0.,5%*Q&#1&;-(.';(-(&-+)'*(3&(-&#%*(2*(&F%',1-8&C',&
/%*'-&2%&,()*1-&;(,%);%,%*1-1%3&)'1&5'%&;(&)#1,*3&!"*,(&)17-(*&2%&#.,;1-&7%F%#Q&V8&)(,/(2*(&0(&/($%#.-3&#+#%& #((' & #( & ( & 5'% & #1,%.) & ()*( & 7';*1- & #+ & (- & #%*(2*( & #$%', & 0'#+ & !% & ;1"(5 & F%',1- & -' & #('7+8 & K( & #%*('F+&
;,%"&'=1*.,'%&-1%3&("*%*'*('&);%,%*1'-+&!"*,1;'*+&)'1&0()*,1;'*+&)(&;.'*(&0(;-')'&;,%"&);'6%%-(&;-'"(*(%& "15(,.')(&#'F1,%&#4"0&.&;(,).'"+&'&#%*%*&#1&/4,71-&0(?(*(-.,&0(&-'&54"+&)'1&;%#%.,8&!"&1-*%51-&*%5;3&
".')*,(Q&X8&()*(&#("*,1-&0(&*,'")7.,5',(&!"&)("F'6%%&'-&%5;,()%%-.,&0%"&-15('&(L*(,%.',+8 (L;(,%("6(-(&'1&7.)*&01)(&2%&5'%&0(;',*(8&I)*7(-3&)17-(*1-&1"(%&;(,).'"(&'&7.)*&)#.)&0%"&*,1;1-&)+1&2%&
>*%%"6'&;.F%*%/+&0(&'F%3&;,(0'*+&!"&7'#1-*+6%&2%&'#'0(5%%3&#,(0(&2%&'7%,5+&#+&;,.#()1-&(-'@.,+,%%& 01)&-'&#46%/'&5(*,%8&C'#+&):'&'2(F'*&1"&F%',&!"*,:1"&;1"#*&%"0%#'*&0(&1"&-1#%03&;1"#*&#.,();1"F+*.,&
)("F'6%%-.,&',(&-.#&!"&)%)*(51-&#(,(@,'-&15'"8&H4*&0(&0(;',*(&)1"*&0(&'0(/+,&.'5("%%&0(&2*%%"6+M&['& -.#1-1%&1"0(&)(&'7-'&)17-(*1-&#(-1%&5'?"(*%F'*3&):'&#.")*'*'*&#+&(-&/(0(3&%',&*,1;1-&)+1&'2(F'*&;(&7.*.-%1&
).)%&*%5;1-&#4"0&)(&/.,&#."/%"?(&#+&'#(')*+&'7%,5'6%(&'&7.)*&?,(2%*+8&P.'*(&-'&/,(5('&-.,8 );1"('&#(-(&)#,%)(&!"&F%',8
a&;(,).'"+&'0.,5%*+&;,%"&7-1%0&5'?"(*%#&)'1&;,%"*,:1"&'"()*(F%#&:&'-&#+,1%&)17-(*&'&%(2%*&0%"&*,1;&:& D&&&&<&&&&"
;.'*(&7%&!"6(;'*+3&%&)(&;.'*(&*+%'&1"&.,?'"3&%&)(&;.'*(&;1"(&-'&"')&1"&7-'#."&#1&'5."%'#&)'1
W\ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&C,%7'&#',*( ?2,418&48'"(*',&)'1&*(,()*,%'"&'8&27181% WT

94"+&'%#%&'5&/.,@%*&0();,(&71"#6%%-(&?("(,'-(&'-(&5'*(,%(%&;-'"(*',(3&#',(&%"*,+&!"&#.")*%*16%'& 9(&#4"0&#',"('&.*,+/(2*(&#.,;1-&7%F%#&2%&0(?,'0('F+&#.,;1-&;-'"(*',3&@+1*1,%-(&'-#..-%#(3&#'7('1'&
#.,;1-1%&".)*,1&;-'"(*',8&C',&')(5("('&#.,;1-1%&/%*'-3&2%&#.,;1-&;-'"(*',&;,(F%"*+&"1#-((&1"0(&5'*(,%'& 2%&"',#.*%#(-(&:&*1*1"3&$'2%23&.;%1&2%&'-*(-(&:&0%)*,1?&.,?'"%)51-3&,1%"4"01:<&0(&*%5;1,%1&2%&,(01#4"0&
;-'"(*',+&;',(&'&7%&5'%&'#*%/+3&7.,54"0&#'&2%&!"&#('&/%*'-+3&,.F(*(3&#("*,(&5(&;2,.+9 ;1*(,%-(&#.,;1-1%&/%*'-&2%&;-'"(*',8&T"&')(5("('&.5&0(/%"(&"()%56%*.,3&%',&#'&)+&7%(&5%2#'*&!"*,1#4*/'&
I)(5("('&#("*,(-.,&/%*'-(&0%"*,(&#',(&:&-'&.51-&.@%2"1%*&:&0.',&1"1-&()*(&!"&'#*%/%*'*(3&2%&!"&#'F1-& 2%&(-3&',(&"(/.%(&0(&;')%1"%&;1*(,"%#(3&?,.).-'"(&:&@(6%(&)'1&)(L1'-%*'*(&0()7,4"'*+8
#("*,(-.,&;-'"(*',(&:&!"&?("(,'-&:&"15'%&1"1-&()*(&'#*%/8&C',&;,%"&(/.-16%(3&);%,%*1-&-(&;.'*(&'#*%/'&,4"0& a&;-'?+&'&.5("%,%%&()*(&715'*1-3&#',(3&;,%"&);%,%*1-&0(&%5%*',(&2%&;,%"*,:.&#."#(;6%(&?,(2%*+&)(&
;(&,4"0&;(&*.'*(8 !"*%"0(&0%"&#(&!"&#(&5'%&51-*3&;4"+&2%&-'&*%"(,(-(&7(*(8&T,5+,%-(&)1"*&51-*%;-(&2%&"(".,.#%*(M&!"&'7','&
C(&')(5("('3&!"&#.,;1-&;-'"(*',&)(&0%)*%"?&2';*(&#("*,(&0(&.&'#*%/%*'*(&0(.)(@%*+A&<8&#("*,1-&0%"& 7';*1-1%&#+&,1%"('F+&0%"6%%3&#.,1;(&)'-%/'3&%"*.L%#+&)*.5'#1-3&;-+54"%%3&)4"?(-(3&!"*,(?1-&*,1;3&;+,6%-(&
0,(;*1-&@'F(%&#.-.'"(%&/(,*(@,'-(Q&V8&#("*,1-&);-("%#Q&X8&#("*,1-&.5@%-%#'-Q&d8&#("*,1-&%"%5%%Q&\8&#("*,1-& (*(,%#( & '-( & "%#.*%"(% & )( & )*,(#.',+ & 2% & .*,+/()# & #.,;1- & /%*'- & 2% & ;-'"(*',8 & T,5',(' & ()*( & ,(01#(,('&
-',%"?%'"Q&^8&#("*,1-&0%"*,(&);,4"#("(Q&_8&#("*,1-&0%"&0,(;*1-&#,(2*(*1-1%8 )(")%@%-%*+6%%3 & )-+@%,(' & 5(5.,%(% & 2% & ,1%"',(' & 7%F%#1-1%8 & H(-., & #',( & 0.,()# & )+ & ;,.?,()(F( & ;( & #'-('&
R"*,',('&!"&'#*%/%*'*(&'&7%(#+,(%'&0%"&'#()*(3#("*,(&'01#(&!"&;-1)&.&7'#1-*'*(&".1+&.51-1%8&C'#+& );%,%*1'-%*+6%%&-%&)(&,(#.5'"0+&)+&,("1"6(&#1&0()+/4,2%,(&-'&'#()*&.@%#(%&=.)"%#3&#(&0%)*,1?(&*.*1-&!"&
#("*,1-&%"%5%%&()*(&!"&71"#6%1"(3&.51-&/'&)%56%&;,(F("6'&1"(%&("*%*+6%&);%,%*1'-(3&2%&'"15(&;,%"*,:.& #'-('&-1%8&T"&.5&'-&#+,1%&,(?%5&'-%5("*',&()*(&(L#-1)%/&#',"'-3&#',(&@('&#'7('3&@+1*1,%&'-#..-%#(&2%&
)("F'6%(&0(&'(,&,(#(3&0(&,+#('-+3&!"&#'F1-&1"1%&);%,%*&%"7(,%.,&2%&0(&#+-01,+3&!"&#'F1-&1"(%&("*%*+6%& 715('F+ &!"*,1"'3 & '*,'?( &2%&(5%*(&7-1%0(& %"7(,%.',(3& 7.,54"0 &!"& =1,1- & )+1 & . &'*5.)7(,+&7-1%0%#+ & 0(&
);%,%*1'-(&)1;(,%.',(8&H4"0&#("*,1-&-',%"?%'"&%"*,+&!"&,.*'6%(3&.51-&0(/%"(&5(0%15&'10%*%/3&%',&;,%"& ;,.')*+&#'-%*'*(8&9,%"&'#()*&7';*3&(-&0(/%"(&1"&5'?"(*&;("*,1&("*%*+6%-(&);%,%*1'-(&%"7(,%.',(3&#',(&)(&
'#*%/',('&#("*,1-1%&0%"*,(&);,4"#("(&(-&/'&/(0('&("*%*+6%-(&);%,%*1'-(&#',(&)*,+@'*&);'6%%-(&')(5("('& #.5;-'#&!"&'#(')*+&'*5.)7(,+3&)(&'-%;()#&0(&'1,'&-1%3&1,5+,%"01:<&;()*(&*.*&2%&!"0(5"4"01:<&;,%"&
-%#1,%#%-.,8&I#(')*+&/%F%1"(&()*(&5'%&#-',+&!"&!"*1"(,%#3&0(.',(#(&-15%"'&F%-(%&5')#$('F+&01$1,%-(3&-'& )1?()*%(&)+&5'%&@('3&)+&5'%&715(F(3&2%&')*7(-3&')(5("('&1".,&0(5."%&"(/+F16%3&#'1*+&;,%"&?4"01,%-(&
7(-&#15&-15%"'&).',(-1%&"1&;(,5%*(&/(0(,('&)*(-(-.,&;(&#(,8 -.,&=.)"%#(&)+&%"7-1("6(F(&5%"*('&@%(*1-1%&;+54"*('"3&!5;%"?4"01:<&#4*&5'%&'04"#&!"&/%#%%&0(&*.*&
K:',&;1*('&"'2*(&!"&5%"*('&#1%/'&!"*,(@',('8&BC(&#(&);%,%*1-3&#4"0&()*(&!"&'7','&*,1;1-1%3&/(0(3& 7(-1-8&T"(-(&01$1,%&%"7(,%.',(&.&7'#&0%"&,+1*'*(3&'-*(-(&0%"&?(-.F%(&:&0(.',(#(&(-(&)1"*&5'%&0(#+F1*(&
'10(&2%&)%5*(&-15('&!"#."=1,+*.',(&;,%"&%"*(,5(0%1-&#.,;1-1%&;-'"(*',3&%',&#4"0&,(/%"(&!"&*,1;3&"1&5'%& 0(#4*&'-6%%3&'-*(-(&.&7'#&0%"&0.,%"6'&;,.;,%(%&-.,&)'*%)7'#(,%3&;,%"&7';*1-&#+&.51-3&'71"04"01:)(&0%"&#(&!"&
;.'*( & /(0('3 & )%56%3 & '1F% & !" & -15(' & %"/%F%@%-+ & 0(#4* & #((' & #( & ;(,5%*( & *,1;1- & )+13 & "15'% & #((' & #(& #(&5'%&=.)&!"&/%#%13&(5'"'6%%-(&(*(,%#(&#(&)(&,%0%#+&0%"&=1,1-&-1%&)'*%)7'#&;,.;,%%-(&-.,&;')%1"%8
!",(?%)*,('F+&.,?'"(-(&)'-(&0(&)%56DE a51-&#',(&)(&)%-(2*(&2%&!2%&%5;1"(&.&'"15%*+&-%"%(&0(&#."01%*+3&'01"+&F%&0(&F%&5'*(,%(&)1;(,%.',+3&
H'1F'&'#()*(%&"(;1*%"6(&()*(&;,(F("6'&#.,;1-1%&/%*'-3&#',(&()*(&1"&#.,;&)(5%:7-1%0%#8&S-&',(&71"#6%'& '*4*&;("*,1&#.,;1-&)+1&/%*'-3&#4*&2%&;("*,1&#(-&;-'"(*',8
0(&'&!"*,(6%"(&/%1&2%&!"*,:.&;(,7(#*+&'#*%/%*'*(&*,1;1-8&C',&*.#5'%&;,(F("6'&#.,;1-1%&/%*'-&#.")*%*1%(&1"& K;%,%*1-&'/4"0&.&'"15%*+&0%,(#*%/+&2%&0%);1"4"0&0(&%")*,15("*(&#4*&5'%&7%"(3&)(&0(F/.-*+&5'%&
7(-&0(&;','/'"&!"*,(&*,1;&2%&);%,%*8&H.,;1-&/%*'-&';',6%"4"0&-15%-.,&7%F%#(3&7%%"0&)(5%:7-1%0%#3&"1&;(,5%*(& ,(;(0(3&)#.64"0&-'&%/('-+3&#4*&5'%&0(/,(5(&2%&#4*&5'%&51-*(&#'-%*+6%&);%,%*1'-(8&I)*7(-3&1,54"0&'"%&0(&
#'&%5;,()%%-(&);%,%*1'-(&0%"&'7',+&)+&'=1"?+&-'&("*%*'*('&);%,%*1'-+&2%&0(#%&#'&);%,%*1-&)+&%'&#1".2*%"6+&0(& F%-(3&);%,%*1-&1,#+&*,(;*(-(&(/.-16%(%&#1&;'2%&1,%'2%8&C%/%"%*'*('&'&#,('*&!"&'2'&7(-&-1#,1,%-(&!"&-15(3&
(L%)*("6'&2%&7(".5("(-(&-15%%&);%,%*1'-(&2%&'&("*%*+6%-.,&)'-(8&R'*+&0(&#(&".%3&.'5("%%3&"1&/(0(5&"%5%#& .,4"01%"0&')*7(-&7.,6(-(&!"&%"7%"%*3&!"#4*&("*%*'*('&);%,%*1'-+&:&-%@(,+&)'1&!"*,1;'*+&:&)+&"1&)*('&;(&-.#&.&
0%"#.-.&0(&-15('&7%F%#+8 /(2"%#%(8&a&7.,6+&"(/+F1*+&:&-(?('&5%2#+,%%3&'&'#*%/%*+6%%&:&.&!5;%"?(&5'%&0(;',*(3&!"&5(,)1-&)+13&!"&
a&%"*.L%#',(&'&*,1;1-1%&#1&#+,"1,%&)*+*1*(3&#1&;(2*(&#.")(,/'*3&#1&@+1*1,%&'-#..-%#(&)'1&0%7(,%*(& (/.-16%':)'8&a,%#4*&0(&-("(2&',&7%&1"&);%,%*3&.,%#4*&0(&51-*&',&?,(2%&1"&.53&"1&)(&;.'*(&#'&!"&".%'"1-&
"',#.*%#(3&;,.01#(3&;,%"&,(;(,#1)%1"(3&.&!"/.-@1,',(3&.&!"*1"(#',(3&.&)-+@%,(&'&;1*(,%%&0(&)(")%@%-%*'*(& 7';*(-.,&)'-(&=.)"%#(&)+&"1:%&-%#+,(')#+&2%&-1%&1"&)("*%5("*&7,15.)3&)+&"1&7'#+&2%&(-&1"&@%"(3&)+&"1&'=1*(&
2% & 71"#6%."',( & ' & #.,;1-1% & ;-'"(*',8 & C', & #$%', & 2% & . & *1-@1,',( & ' & #.,;1-1% & /%*'- & ;.'*( & 0(F(#$%-%@,'& 2%&(-&1"&"(7(,%#%*&#'&(-8&J1&)(&;.'*(&#'&!"&/4,*(=1-&/%(6%%&)'-(&'"%5'-%#(&)+&"1&'%@+&1"&?4"0&5'%&".@%-3&
.,?'"%)51-&;-'"(*',&'-&.51-1%8&I)*7(-3&.&%,%*',(&#."*%"1+&;,.01#(&.&0(F',5."%(&71"#6%."'-+&'&#.,;1-1%& 5'% & %1@%*.,8 & S7(#*1- & ;,.01) & 0( & '#()*( & #4*(/' & 7';*(3 & )%561,% & 2% & ?4"01,% & '-*,1%)*(3 & #."*,%@1%( & -'&
/%*'-&2%3&;,%"&,(7-(L%(3&2%&'&#.,;1-1%&;-'"(*',8&C(&')(5("('3&.&(5.6%(&;1*(,"%#+3&;,./.#'*+&0(&7,%#+3&(&!"& %-15%"',('&);%,%*1-1%&)+1&2%&-'&!5@1"+*+6%,('&#.,;1-1%&)+1&/%*'-&2%&;-'"(*',8&C%"&F%&!"&F%3&0%"&'"&!"&'"3&
)*',( & )+ & F0,1"#%"( & '*4* & 0( & ;1*(,"%# &#.,;1- & ;-'"(*',3 & /%*'-& 2%& *,1;1-3 &!"#4* & .51- &;.'*( &.,@%3 &;.'*(& ("*%*'*('&);%,%*1'-+&'/'")('F+3&')*7(-&#+&-'&;-(#',('&0%"&/%'6'&*,1;(')#+&01#(&#1&)%"(&1"&#';%*'-&:&(&
!"#+,1"6%&):'1&!5@+*,4"%&!"*,:1"&5%"1*3&;.'*(&)+&,+54"+&51*3&)+&;','-%F(F(3&)'1&#$%',&)+&5.',+8 0,(;*3&5%#3&0',&#',(&'0+1?'*&-'&#(-&#42*%?'*&!"&'-*(&/%(6%3&#."*,%@1%(&-'&;,.?,()1-&)+18&c',%3&(L*,(5&0(&
,',%&)1"*&.'5("%%&#',(&)+&01#+&.&(L%)*("6+&'*4*&0(&!"*1"(#'*+&!"#4*&)+&"1&;.'*+&'/'")'&#1&'@).-1*&
4)))#)))27
"%5%#3&!"*,:.&/%'6+&*(,()*,+8
S)*(&'0(/+,'*&#+3&!"&?("(,'-3&15'"%*'*('&;,.?,()('F+&7.',*(&!"#(*3&;,(#153&0(&')(5("('3&)1"*&
C%"&#(-(&0()#,%)(&5'%&)1)&):'&;1*1*&/(0('&#+&(L%)*+&.&#.,(-'6%(&)*,4")+&!"*,(&%")*,15("*(-(&;(&#',(& #'F1,%&,',(&#4"0&1"(-(&("*%*+6%&);%,%*1'-(3&?,'6%(&1"(%&/.%"6(&*',%3&)(&0(#%0&-'&.&/%'6+&);%,%*1'-+3&-'&.&
-(&',(&-'&!"0(54"+&);%,%*1-8&J1&)(&;.'*(&#'&'-+*1,%&0(&1"&*,1;&0(?,'0'*&)+&(L%)*(&1"&#.,;&;-'"(*',&)1@*%-& /%'6+&0'#+&"1&0(&)74"*3&0',&#(-&;16%"&)7%"6%*+8&I#()*(&("*%*+6%&);%,%*1'-(&;+2()#&'*4*('&*,(;*(&(/.-1*%/(&
2%&)(")%@%-8&S"*%*'*('&);%,%*1'-+&"1&;.'*(&7%&!"7%.,'*+&0(&1"&)("*%5("*&)'1&.&(5.6%(&".@%-+3&0'#+&"1& !"*,:.& )%"?1,+ & /%'6+3 & #4* & ;',#1,? & '-*(-( & !" & Vq:\q & 0( & ,(!"*,1;+,% & )1##()%/(8 & U(,)1- & -.,& ;( & 0,151-&
;.)(0+&1"&#.,;&%"*(-(#*1'-&)1;(,%.,&2%&1"&#.,;&;-'"(*',&#.")*%*1%*&0%"*,:.&5'*(,%(&7%"+8&x.)"%#%'&1"1%'& "(/+F1*&'-&);%,%*1'-%F+,%%&!%&01#(&#4*&5'%&,(;(0(&#+*,(&C%/%"%*'*(3&RF/.,1-&0(&1"0(&,(/',)+&!"&-15(&
-(&#.@.',+&2%&;(&#(-(-'-*(8 /%'6'3&7.,6'3&%0(%-(&2%&$.*+,4,%-(8
K(&!"6(-(?(&#+&1"&#.,;&7%F%#&"1&;.'*(&7%&1"&%")*,15("*&;(,7(#*3&0'#+&(-&)(&$,+"(2*(&#1&#+,"1,%3&5'%& K+&"1&1%*+5&#+&'"15%*(&)*+,%&;)%$%#(&'=1*+&)'1&/'*+5+&#.,;1-1%&".)*,1&;-'"(*',8&I2'&0(&(L(5;-1&
'-()&0(&5'5%7(,(8&H1&#4*&#',"('&';',6%"(&1"1%&'"%5'-&5'%&(/.-1'*3&5'%&';,.;%'*&0(&,(?"1-&15'"3&#1& .& 0(;,()%1"(&)17-(*(')#+3& ;%(,0(,('&1"(%& ;(,).'"(&0,'?%& #."*,%@1%(&7.',*(&51-*&-'& 0(F.,?'"%F',('&
'*4*&/'&;,.01#(&!"&#.,;1-&".)*,1&7%F%#&)1@)*'"6(&5'%&;16%"&')%5%-'@%-(&2%&.&#'"*%*'*(&5'%&5',(&0(& #.,;1-1%&;-'"(*',&2%&-'&!"*1"(#',('&);%,%*1-1%&#(-1%&-+)'*&!"&/'-1,%-(&?4"01,%-.,&"(?,(&2%&'-(&0(F"+0(=0%%8&
*.L%"(3&'@).,@%*(&!"&)4"?(&2%&01)(&!"&*.'*(&;+,6%-(&*,1;1-1%&".)*,18&H',"('&()*(&!").6%*+&0(&7-1%01-& a,%#4*&0(&?,('&',&7%&/%'6'3&.,%#4*(&'0/(,)%*+6%&!"*4-"%5&;(&#'-('&(%3&)+&#+1*+53&#1&$.*+,4,(&7(,5+3&)+&
;-'"(*',&'"%5'-8&a,&0'#+&'#()*&7-1%03&#',(&';',6%"(&1"(%&*,(;*(&(/.-1*%/(&%"7(,%.',(&;(&)#','&7-1%0(-.,& !"-+*1,+5&"(?1,'&?,%=%-.,&0%"&5%"*('&".')*,+8&J15'%&,+54"4"0&-%"%2*%6%3&,(#%&-'&0%/(,)(-(&?,(1*+6%3&
;-'"(*',(&'-(&?-.@1-1%&".)*,13&()*(&!"#.,;.,'*&!"&#.,;1-&;-'"(*',&'-&.51-1%3&!-&/'&/%#%'&2%&!%&/'&#.@.,!& /.5&7%&!"&5+)1,+&)+&,(#(;*+5&,'F(-(&7-1%0%#(&#.@.,4*(&0%"&R"7%"%*&:&0(&-'&P'*+-&#(,()#&:&);,(&9+54"*3&
?,'01-&#'-%*'*%/3&0%"&15'"3&!"&'"%5'-%#8 ,'F(&;,%"&#',(&)+&!"*+,%5&;+,6%-(&#.5;."("*(&'-(&*,%;-(%&".')*,(&7%%"6(&15'"(&:&);%,%*1'-(3&)17-(*(2*%&2%&
a51-&',(&%5;,()%'&#+&(&?,(13&#$%',&%5;.)%@%-&)+&*,+%')#+&7+,+&#',"(3&2%&'#(')*'&0(.',(#(&?("(,'6%%& *,1;(2*%8
"()74,2%*(&'1&#.")15'*&#',"(3&.,?'"%)51-&)+1&#(,4"0&%5;(,%.)&'-%5("*1-&#1&#',(&):'&.@%2"1%*&0%"& U4"%'3&%,%*',('&;,.01#&.&5',(&71,*1"+&!"&#.,;1-&;-'"(*',&15'"3&"+)#4"01:)(&#1&'#(')*+&.#'F%(&
#.;%-+,%(8&C',&0'#+&(&?,(1&)+&)(&,("1"6(&!"&*.*'-%*'*(&-'&'-%5("*'6%'&#',"'-+3&#(-&;16%"&5')'&0(&)(',+&)+& #1,("6%&0(F.,0."'6%3&#',(&'*,'?&0%"&);'6%1&("*%*+6%&);%,%*1'-(&%"7(,%.',(3&5'-(7%#(3&#+,.,'&-(&;-'#(&)+&)(&
7%(&-%;)%*+&0(&#',"(8&H%"(&',(&.&/.%"6+&;1*(,"%#+&;.'*(&)+&,("1"6(&#1&*.*1-&-'&#',"('&0(&5'5%7(,(&2%&)+& )#'-0(&!"&/'-1,%-(&71,*1".')(&'-(&#.,;1-1%&;-'"(*',8&9,(F("6'&-.,&!"*+,(2*(&2%&5'%&51-*&%,%*',('&.51-1%3&
#.")15(&*.*&5'%&51-*(&/(?(*'-(3&!"&);(#%'-&7,1#*(8 ')*7(-&#+&'F%&'2'3&54%"(&'2'3&;(,).'"'&,();(#*%/+&'=1"?(&#1&/,(5('&)+&)(&)1;(,(&0%"&"%5%#3&)+&"1&)(&
T"&#.,;&7%F%#&!"*,(6%"1*&#1,'*3&$,+"%*&"15'%&#1&/(?(*'-(3&;,.01)(&-'#*'*(&2%&.1+3&/'&0(/("%&1"&#.,;& 5'%&;.'*+&)*+;4"%3&#+#%&#.,@%%&-15%%&%"/%F%@%-(&#."*,%@1%(&;,%"&7-1%0(-(&-.,&#'&;-'"(*',1-&-1%&)+&7%(&
;1,&7%F%#(2*(8&9.*,%/%*&(/.-16%(%&)'-(&!"&#.,(-'6%(&#1&*,1;1-3&);%,%*1-&!2%&/'&'?."%)%&1"&#.,;&/%*'-&2%& 5(,(1&!"&0(F.,0%"(8&R'*+&1"&.5&#',(&/'&;'*%"'&';,.';(&;(&-.#3&'/4"0&.&/%'6+&*,+%*+&;(&;+54"*&!"&
;-'"(*', & #4* & 5'% & 7%"3 & #',( & )+ & ,+);1"0+ & #1 & 121,%"6+ & -' & *.'*( & 5'"%7()*+,%-(3 & -' & (5.6%% & 7,15.')(3& #$%"1,%3&0',&7+,+&"%#%&1"&7.-.)&)'1&#1&1"&7.-.)&;,('&5%#8
)("*%5("*(&,(-%?%.')(3&".@%-(3&0(&%1@%,(&2%&5%-+8&T"&')(5("('&.53&'7-'*&!"&7'6'&1"(%&"(".,.#%,%3&)(& R"&7%"(3&#'-%*'*('&?4"01,%-.,&#',(&"(&*,(#&F%-"%#&;,%"&5%"*(&#."*,%@1%(&-'&!"*+,%,('&)'1&)-+@%,('&
)%5*(&F?101%*3&)',(&!"&'=1*.,&2%&"1&(&#';'@%-&)+&7'#+&,+1&"%5+"1%3&(-&7%%"0&.&;%-0+&7,15.')+&)(5("%-.,& #.,;1-1%&;-'"(*',8&N4"01,%-(&;-(#'*(&0%"&7.#',1-&#("*,'-3&0(&-'&-15%"'&)#4"*(%%&".')*,(3&;1"&!"*,:.&
)+%3&;,%"&,+@0',('&2%&;'#('&7%%"6(%&)'-(8 /%@,'6%(&5'%&;1*(,"%#+&/($%#.-1-&;-'"(*',3&0(#4*&;(&#(-&7%F%#8&H4"0&'#()*(&?4"01,%&)1"*&!"'-*(3&".@%-(3

O*%
X_ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&C,%7'&#',*( ?2,418&48'"(*',&)'1&*(,()*,%'"&'8&27181% XU

?("(,.')(3 & (L;,%54"0 & 7,15.)1- & 2% & @%"(-(3 & (-( & *,(# & #+*,( & (L*(,%.,3 & #+*,( & #.,;1- & 7%F%#3 & ;,%" & #.,;1-& );%,%*1'-(&;(&#',(&!-&!"*,1;('F+&-'&.&".1+&/%'6+&*(,()*,+3&)+&7%(&!"&1"(-(&F."(3&.',(#15&%"#.5;-(*&)'1&
;-'"(*',&;1"4"01:<&;(&'#()*'&!"&/%@,'6%(&#1&.&'"15%*+&7,(#/("6+&/%@,'*.,%(&2%&!-&.@%2"1%()#&#1&'#()*& #1 & .,%7%#%%8 & 9,%" & '#()*( & 5%#% & );+,*1,%3 & );%,%*1- & '#()*., & .'5("% &/' & '/(' & ;.)%@%-%*'*(' & )+ & *,'")5%*+3&
7(-&0(&/%@,'6%(3&.,0."'*+3&04"01:%&0(#%&.&'"15%*+&,(F."'"6+8&H4"0&!")+&"(&*,(#&;,%"&5%"*(&?4"01,%& #.,;1-1%&7%F%#&'0.,5%*3&%5'?%"%-(&2%&%0(%-(&#1-()(&!"&);'6%18
=.)"%#(3&0(&;-+#(,%&)(L1'-(3&0(&1,+&2%&,+F@1"',(3&#.,;1-&;-'"(*',&/%@,('F+&0(F.,0."'*&2%&#1&.&7,(#/("6+& R"&7%"(3&(L%)*+&.'5("%&#',(&;(&-4"?+&7';*1-&#+&'1&#.,;1-&/%*'-&#1&51-*&5'%&)1@6%,(&2%&#1&5'%&51-*(&
=.')+8&H1&/,(5('3&#.,;1-&;-'"(*',&)(&.@%2"1%(2*(&#1&'#()*&?("&0(&/%@,'6%%&2%&0(/%"(&12.,&%"7-1("6'@%-&-'& );+,*1,%3&5'%&'1&2%&1"&#.,;&7%F%#&0(-%#'*&2%&)(")%@%-8&K;%,%*1-&-.,3&7.',*(&(/.-1'*3Z&',(&'*4*'&7.,6+&0(&
1"0(-(&#.,();1"F+*.',(&'#()*.,&?4"01,%3&'-(&'-*.,&.'5("%3&?4"01,%&#',(&;-1*()#3&!"*,:1"&"15+,&7.',*(& 5'"%7()*',(&2%&/%*'-%*'*(3&!"#4*&)1;-%"(2*(&#(('&#(&-%;)(2*(&0%"&;1*(,('&0(&#."01#(,(&'&#.,;1-1%&/%*'-8&
5',(3&;,%"&'*5.)7(,'&;+54"*1-1%8&T"&')(5("('&#.,;&0(/%"(&1"&%")*,15("*&"(*,(@"%#&'-&01$1-1%3&#',(& I)(5("('&.'5("%&;.*&#1&121,%"6+&;,.%(#*'&;(&#.,*(L&*.*&#(&'1&'7-'*3&'1F%*&2%&/+F1*&!"&*%5;1-&".;6%%8&
/'&7%&#'&1"&)*+;4"&".@%-&!"&$'%"(&F0,("61%*(8&C',&')1;,'&'#()*(%&%0(%&/.5&,(/("%8 J1&"15'%&#+&(%&!2%&'5%"*()#&(L;(,%("6(-(&0%"&/%'6'&-.,&".#*1,"+3&0',&'1&;.)%@%-%*'*('&)+&/'0+&!"&-15('&
7%F%#+&2%&';.%3&7%L4"01:2%&'*("6%'&!"&-15('&%"/%F%@%-+3&/+0&2%&'10&#(('&#(&()*(&%"'##()%@%-&'-*.,'8&I#(2*%&
.'5("%3&7.',*(&,',%3&0(2%&)1"*&!"&*,1;3&0(2%&)1"*&!"&)*',(&0(&/(?$(3&;.*&*,+%&2%&!"&'-*(&-15%3&0%"#.-.&0(&
#('&*(,()*,+8&9("*,1&(%&"1&5'%&(L%)*+&'#*1-&5.,6%%3&-'&#(')1-&#(-&5',(&0(F@,+#4"01:2%&0(7%"%*%/&$'%"'&
SL%)*("6'&".')*,+&()*(&')(5+"+*.',(&5%2#+,%%&;("01-(%3&'&)1##()%1"%%&F%-(-.,&2%&".;6%-.,&)'1&'& *,1;(')#+3&;+,+)()#&#."2*%("*&-15('&*(,()*,+3&;("*,1&'&)(&,(!"*.',#(&!"&;'*,%'&-.,&(*(,"+3&!"*,(&%1@%6%%&
'".*%5;1,%-.,8&a51-&*,+%(2*(&.&/%'6+&0(&F%&2%&.&/%'6+&0(&".';*(3&.&/%'6+&;+54"*('"+&2%&1"'&);'6%'-+&)'1& -.,3&!"&)7(,(-(&-15%%&);%,%*1'-(8
);%,%*1'-+8&W%1'3&.51-&()*(&#."2*%("*&0(&-15('&7%F%#+&!"#."=1,+*.',(3&;,%"&%"*(,5(0%1-&#.,;1-1%&)+1& I#(')*+&)*',(&(L#(;6%."'-+&()*(&1,5',('&1"1%&2%,&0(&/%(6%&*,+%*(&!"&,("1"6+,%3&!"&#(('&#(&;,%/(2*(&
7%F%#8 & J.';*('3 & ("*%*'*(' & );%,%*1'-+3 & !"#."=1,'*+ & 0( & ;(,%);%,%*3 & ;+,+)(2*( & '#()* & #.,; & 7%F%# & 2% & )(& 7')#%"'6%'&/%(6%%&.5("(2*%8&I#(2*%&.'5("%&):'1&#."01)&#1&!"6(-(;#%1"(3&!"6(-(?4"0&#+&*.*1-&(&(7(5(,&!"&
0(;+,*('F+ & 5'% & 51-* & )'1 & 5'% & ;16%" & 0( & (-3 & 01;+ & #4* & ()*( & 0( & (/.-1'*8 & C1$1- & )*,+@'*( & );'6%%-(3 & )(& /%'6'&;+54"*(')#+8&I#()*(&("*%*+6%&);%,%*1'-(& '1&'@).-/%*& 2#.'-'&/%(6%%&*(,()*,(&#1& 5',(&/,(0"%#%(3&
!"*4-"(2*(&#1&7,'6%%&0()*,1;'6%&)'1&!"*,1;'6%3&)(&#.")1-*+3&!"*,('@+&2%&)(&%")*,1%(2*(8&I2'0',&".';*('&!2%& 1,#4"0&F(#%&0(&*,(;*(&);%,%*1'-(&!"*,:.&)%"?1,+&/%'6+3&;(&#4"0&'-6%%3&;("*,1&'#(('2%&')#(")%1"(3&'1&
*,+%(2*(&/%'6'&);%,%*1'-+3&0(&);%,%*&(-%@(,'*&0(&*,1;1-&)+13&!"&#',(&*.*12%&()*(&#';*%/3&-(?'*&7%%"0&0(&(-& "(/.%(&0(&F(#%&0(&/%(6%&*,1;(2*%8&a,%#%"(&;.'*(&'=1"?(&-'&'#()*(&)*+,%&7(,%#%*(3&0',&!6%&*,(@1%(&/.%"6+3&#'&
;,%"6,:1"&7%,&')(5("('&1"1%&@'-."&-(?'*&;,%"&#'@-1&0(&;+54"*8 )+ &01#%&.& /%'6+&#."7.,5+& ;-'"1-1%&0%/%"1-1%& H,('*.,8 &K+& %1@(2*%3& )+&'=16%& !"& *.*& 5.5("*1-3& )+& *(&
!"&!"'-*'&S%&!"6(-(;#%1"(3&C%/%"%*'*('&'&!"6(-()&#+&(&"(/.%(&#'&);%,%*1-&!"*,1;'*&)+&)(&(-%@(,(F(&;16%"& 51-615(2*% & #1 & #((' & #( & 6%:' & 0'* & 0()*%"1- & 2% & )+ & "1 & *( & 5'% & ;,(.#1;( & ;,.@-(5(-( & -15(2*%8 & K.5"1-&
".';*('3&01;+&'*4*('&#(')1,%&0(&*(5"%6+&!"&*,1;8&S"*%*'*('&);%,%*1'-+&":',&;1*('&)+&,'@0(&!"&*(5"%6'& ,(?-(5("*',3&'-%5("*'6%'&/(?(*',%'"+3&;1,%7%#',('3&,1?+#%1"('&-'&*.*&;')1-3&0',&5'%&;,()1)&0(&*.'*(&
*,1;1-1%&)+1&F(#%&0(&'"%3&#4*&01,('F+&.&/%'6+&0(&.53&0(&'#(('&C%/%"%*'*('&'&.,4"01%*&.0%$"'&*,1;1-1%&!"& :%1@%,('&7'6+&0(&*.*&#(&'&#,('*&P'*+-3&*(&01#&)%?1,&-'&'#()*(&)*+,%&2%&?,'0(&(/.-1*%/(8&S%3&0',&#%"(&.&;.'*(&
*%5;1-&".;6%%3&#'&2%&.0%$"'&;+54"*1-1%&2%&'&/(?(*'6%(%&!"&*%5;1-&%(,"%%8&J.';*('3&!"&*%5;1-&(/'0+,%%& 7'#(D&N,(13&7.',*(&?,(1&#'&.51-&)+&)(&)51-?+&0%"&".%'"1-&;-+#(,%-.,&2%&;.7*(-.,&/%(6%%&;+54"*(2*%Q&2%&
)'-(3&);%,%*1-&(&#."2*%("*&0(&-15('&);%,%*1'-+3&#'&2%&0(&#('&7%F%#+3&;,%"&!"*,(?1-&)+1&#.,;&);%,%*1'-3&;,%"& *.*12%3&,(;(*3&(&;.)%@%-8
;(,%);%,%*8&S-&/(0(3&)%5*(3&'10(&'*4*&!"&-15('&7%F%#+&'&9+54"*1-1%3&#4*&2%&!"&-15('&%"/%F%@%-+3&);%,%*1'-+& !"*,:'0(/+,3 & (L%)*+ & !" & -15( & . & -(?( & ' & .@%2"1%"6(%3 & #',( & ;.'*( & '=1*' & .,%#+,1% & .5 & -' & ,('-%F',('&
'&'#()*1%'8&H."2*%%"6'&);%,%*1-1%&2%&%5;,()%."'@%-%*'*('&#.,;1-1%&;-'"(*',&()*(&5'%&5',(&#4"0&);%,%*1-&)(& '*%"?(,%%&1"1%&)#.;8&P.*1-&(&)+&/,(%8
?+)(2*(&!"&'7','&*,1;1-1%3&!"&;'*,%'&)'&);%,%*1'-+3&0(#4*&'*1"#%&#4"0&)*+&'71"0'*&!"&5'*(,%'&7%F%#+&'& o+#4"0Z(L(,#%6%%&F%-"%#(3&#1&#.")(#/("6+&2%&-'&'"15%*(&.,(&)*'@%-%*(3&;.6%&)+&'=1"?%3&#1&'=1*.,1-&
*,1;1-1%&)+13&#',(&!%&,(01#(&0%"&/%@,'6%(&2%&0(#%&0%"&)(")%@%-%*'*(8 H(,1-1%3&-'&,(F1-*'*(&1%5%*.',(8&S&;.)%@%-3&0',&;("*,1&'#(')*'&)(&#(,(&5'%&!"*4%&.&5.,'-%*'*(&0()+/4,2%*+3&
S-%@(,'*&0(&#.,;1-&)+1&7%F%#3&);%,%*1-&;.'*(&15@-'&;,%"&0.,5%*.,3&*,(#(&;,%"&F%01,%3&12%&2%&7(,()*,(3& .&#,(0%"6+&;,.71"0+&2%&.&!"#-%"',(&"(6+,51,%*+&0(&'&7'#(&@%"(-(&!"&=1,1-&*+18&H(-&#(&"1&/'&'/('&'#()*(&
#+-+*.,(2*( & ;,%" & !5;,(=1,%5%3 & .,% & -' & 5',% & 0%)*'"6(3 & ;("*,1 & ' & /%F%*' & -.#1,% & 2% & ;,%(*("% & ;+54"*("%3& ;,('-'@%-(&0%);.F%6%%&)17-(*(2*%3&)+&"1&)(&';1#(&0(&'#()*(&(L(,#%6%%8&K'-*1-&)17-(*1-1%&)+1&/'&7%&;,('&
;',#1,?4"0&'#()*(&);'6%%&#1&.&/%*(F+&0(.)(@%*&0(&5',(8&S"*%*'*('&);%,%*1'-+&';,.';(&#+&"1&#1".'2*(& ;1*(,"%# &2%& !2%& /'& ;%(,0(& ".6%1"('& ,('-%*+6%-.,8 &U%"*('& '#()*1% & .5& )( & /' & *1-@1,'& 2%&/'& 0(/("% &1"&
*%5;&2%&);'6%13&('&0(;-')4"01:)(&#1&.&/%*(F+&#(&0(;+2(2*(&/%*(F'&-15%"%%8&I5&;1*('&);1"(&#+&('& 0(F(#$%-%@,'*&5%"*'-&2%&#$%',&5'%&,+18
)*,+@'*(&);'6%%-(&#'&2%&?4"01-8&C.,(2*(&)+&5(',?+&-'&9',%)Q&#4"0&'&?4"0%*&)+&;-(#(3&)(&;.5("(2*(&#+&'&2%& I2'0',3&'*("6%(M&J1&/+&'"?'='6%&;(&#+%&"(#1".)#1*(8&>*%%&0(&1"0(&;-(#%3&0',&"1&2*%%&1"0(&/(%&
'=1")3&;1*4"0&!"#."=1,'&;+54"*1-&!"&#4*(/'&)(#1"0(8 '=1"?(8&9("*,1&')(5("('&.'5("%&()*(&;,(7(,'@%-+&(/.-16%'&".,5'-+&:&7%,(')#+3&!"#('*+&0',&)%?1,+&
H+-+*.,%"0&;,%"&);'6%%3&;,%"&'*5.)7(,'&;-'"(*',+&'&;+54"*1-1%3&);%,%*1-&)(&;.'*(&!"*4-"%&#1&;,%(*("%& :#',(&!%&01#(&-'&)*+,%&?,'0'*(&2%&#."2*%("*(&'-(&);%,%*1-1%8
0(&;(&;+54"*3&'-&#+,.,&#.,;&7%F%#&)(&'7-+&!"&).5"3&)'1&!%&;.'*(&!"*4-"%&;(&%1@%6%%&)+%&0()*,1;'6%3&#',(&'1& U',%%&')#(6%&%"0%("%&2%&*%@(*'"%&'=1"?3&;,%"&/%'6'&-.,&'1)*(,+&2%&#.")'#,'*+&(L(,#%6%%-.,&);%,%*1'-(3&)+&
;+,+)%*&#.5;-(*&#.,;1-&7%F%#8&K(&;.F'*(&!"*4-"%&#1&("*%*+6%&);%,%*1'-(&5'%&(/.-1'*(&0(#4*&(-3&01$1,%&0(&-'& ;+,+)(')#+&/($%#.-1-&-.,&7%F%#3&;',#1,?4"0&5',%&0%)*'"6(8&I#.-.&;.*&)+:2%&#,((F(&1"&'-*&#.,;&5'*(,%'-3&
#',( & ;.'*( & '7-' & #1".2*%"6( & ".%8 & !" & *%5;1- & ;(,(?,%"+,%% & )'-(3 & ;.'*(6 & -(?' & ;,%(*("%% & ".%3 & ')%)*+ & -'& ;,%"&#',(&)(&5'"%7()*+3&)(&','*+&2%&/.,@()#&#1%/'3&2%&';.%3&0(5'*(,%'-%F4"01:)(3&)(&!"*.,#3&;,(#15&
#."7(,%"6(&);'6%'-(3&.,%&5(0%*('F+&')1;,'&1".,&;,.%(#*(&)'1&;,.@-(5(3&;(&`64,(&'#153&'/4"0&.&#."2*%%"6+& 71-?(,1-&!"&*,1;1-&-.,8&I)(5("('&5',%&);%,%*1'-%2*%3&"15%6%&r.?$%"%3&;.*&)+&5(',?+&0(')1;,'&';(%3&;.*&
)1;(,%.',+3&-(&/'&,(F.-/'&#1&121,%"6+3&2%&-'&0(2*(;*',('&0%"&).5"&/'&0()#.;(,%&#1&5%,',(&0(F-(?',('& )+&)*('&!"&5%=-.#1-&7-+#+,%-.,3&7+,+&#'&1"&7%,&0(&;+,&)+&',0+&0(&;(&*,1;1-&-.,Q&;.*&)+&)(&,%0%#(&#1&*,1;1-&
;,.@-(5(%&;(&#',(&!"&'=1"&"1&.&;1*1)(&).-16%."'8&C(&(L(5;-13&1"&5(0%#&"1&'&,(12%*&)+&)*'@%-(')#+& -.,&!"&);'6%13&2%&#'&1"&'(,.;-'"3&)+&*,('#+&;()*(&-'#1,%3&51"6%&2%&;+01,%Q&;.*&)+&)(&7'#+ &"(/+F16%3&
0%'?".)*%#1-&1"(%&@.-%Q&!"&)*',('&0(&);%,%*&-%@(,&.&/(0(&#-',3&2%&-'&0(2*(;*',(&#1".'2*(&;,(#%)&"'*1,' 0(5'*(,%'-%F4"01:2%&;,.;,%1-&-.,&*,1;3&2%&,(7+#4"01:<&';.%&!"&'-*+&;',*(8&C',&"%#%.0'*+&"1&7'#&'#()*(&
@.-%%e&;'#%("*1-1%&)+18 7(".5("(&#'&0(5.")*,'6%(&.)*("*'*%/+&5',(-1%&;1@-%#3&#%&"15'%&;("*,1&':2%&!"#,(0%"6'&1#("%#%%8&U%#%&2%&
!"&)*'0%1-&'#*1'-&0(&(/.-16%(3&.51-&"1&'&'=1")&-'&?,'01-&);%,%*1'-&!"&#',(&)+:2%&'5%"*(')#+&;(,7(#*& 12.',(&(/'0+,%&'-(&);%,%*1-1%&0%"&*(5"%6'&)'&)(&;(*,(#&-'&.,%#',(&0%"*,(&".%3&0',&"15'%&!"&#'F&0(&@.-%&
*,+%,%-(&2%&(L;(,%("6(-(&'/1*(&!"&-15('&);'6%'-+3&!"&*%5;1-&).5"1-1%&*,1;1-1%&)+18&o.',*(&,',%&)1"*& ?,'/(3&#4"0&*%,'"1-&".)*,13&*,1;1-3&'&)-+@%*&!"#4*&7.,6(-(&)'-(&):'1&,(01)&2%&"1&5'%&',(&*+,%'&0(&'&,(6%"(&
.'5("%%3&0(&0%7(,%*(&?,'0(&0(&#1-*1,+&2%&#'*(?.,%%&).#%'-(3&#1&5%"1"'*1-&0',&0(&':2%&'5%"*%&';,.';(& )17-(*1-&!"&%"*(,%.,1-&)+18&I*1"#%3&);%,%*1-&#+-+*.,(2*(&0(;',*(3&;,%"&'-*(&.,'2(&2%&6+,%3&2%&)(&','*+&#(-.,&
(L'#*&#(('&#(&'1&/+F1*3&)%56%*&2%&'1F%*&".';*('3&!"&;(,(?,%"+,%-(&-.,&);%,%*1'-(8&U'=.,%*'*('&.'5("%-.,& 0,'?%3&)1@&7.,5'&1"1%&.5&0(&#('6+3&'&1"(%&7'"*.5(8&C(&')(5("('3&!"&;,('=5'&5.,6%%&)'1&%5(0%'*&
"1:2%&'5%"*()#&'@).-1*&"%5%#3&1"&"15+,&,()*,4")&!2%&'5%"*(2*(&#."71F&2%&"(#-',&#4*(/'&7';*(&7+,+& 01;+&5.',*('&*,1;1-1%3&("*%*'*('&);%,%*1'-+&;-('#+&!"&0(;+,*+,%&2%&)(&','*+&-'&%1@%6%%&)+%3&.,%&-'&#(-&#+,1%'&
-(?+*1,+&!"*,(&(-(3&#-%2((&0%"&#',(&"1&,(F1-*+&"%#%&.&#."#-1F%(8&H'1F'&"(#1".'2*(,%%&'#*%/%*+6%%&".#*1,"(& %:'&7+?+01%*&!"&*%5;1-&/%(6%%&#+&%&)(&/'&',+*'8
'&);%,%*1-1%&15'"&)(&0'*.,(2*(&;,(F("6(%&#.,;1-1%&/%*'-&2%&5'%&'-()&'&5'*(,%(%&)%)*(51-1%&#(,(@,'-8 o'6+ & 0( & 7(".5("(-( & ;,.01)( & 0( & 5',%% & 5'(2*,% & r.?$%"%3 & '#()*( & 5'"%7()*+,% & 7'"*.5'*%#( & )1"*&
I5&5'%&);1)&2%&,(;(*&:&#.,;1-&/%*'-&,+54"(&*.*0('1"'&!"&*,';3&#'&)+:<&#."01#+&!"&*%5;1-&#4"0& #.5;','@%-( & #1 & !"#(;1*1,%-( & 5.0()*( & '-( & 1"1% & #.;%- & -' & /%.',+3 & 7'6+ & 0( & ?("%'-%*'*(' & 1"1% & /'-.,.)&
)*+;4"1- & ;-('#+ & !" & #+-+*.,%% & 0( & )*10%% & ;,%" & )7(,( & #(,(2*%8 &I2'0', & (- & "1 & ;',*%#%;+ & -' & !",(?%)*,',('& 51F%#%'"8&U',%%&2%&,',%%&')#(6%&'%&;-'"(*(%&".')*,(&)1"*&#';'@%-%&)+&;,.01#+&7(".5("(&;(&#',(&5%"*('&
;'".,'5%#+&'&'#*%/%*+6%%&%"*(-(#*1'-(&'&7%%"6(-.,&0%"&);'6%18&K;%,%*1-3&,(/("%*&!"&#.,;1-&7%F%#3&)17(,+&1"& .51-1%3&=10(#'*'&".')*,+3&-'&-15%"'&#1".2*%"6(-.,&2*%%"6%7%#(&'#*1'-(3&"1&-(&;.*&'05%*(3&5'%&'-()&#+&
7(-&0(&!"*1"(#',(&'&5(5.,%(%&)'-(3&1%*4"0&#(-(&;(*,(#1*(&!"&*%5;1-&".;6%%8&a&#('6+3&.&"(@1-.')+&)(&-')+& 51-6%3&7.',*(&51-6%&"1&-(:'1&/+F1*&2%&"%#%&"1&'1&'1F%*&0(&(-(8&P.*12%3&0();,(&'#()*(&7(".5("(&'1&)#,%)&
2%&'#.;(,+&5(5.,%'&)'8&C%"&'#(')*+&#'1F+3&.&0'*+&%"*,'*&!"&#12#'&)'3&"1&5'%&',(&-%5;(F%5('&%0(%-.,& 2%&'1&/.,@%*&5',%&2%&)(,%.2%&!"/+6'6%3&2%&51-6%&?1/(,"'*.,%&("?-(F%3&#%/%-%&2%&5%-%*',%3&0%"&,(?%1"%-(&R"0%(%&
)'-(Q&#'&'*',(3&"1&-(&;.'*(&;,.%(#*'&#1&7%0(-%*'*(&;(&#(-1-(-(&#.,*(L1-1%3&;("*,1&'&2%&-(&;1"(&!"&/%@,'6%(& >%&'-(&P%@(*1-1%8
2%&,('5%"*%&!"&*%5;1-&F%-(%8 a5("(2*(&'%&0,(;*'*(&)+&*(&!"0.%(2*%3&0',&)+&"1&1%*+5&#+&!"*.*0('1"'&'1&(L%)*'*&7(".5("(&2%&
I2' & )( &!"*45;-+ &#1 & 5'=.,%*'*(' &.'5("%-.,8 &!")+ & (L%)*+ & #'F1,% &#4"0 & !" &/(0(,(' &(/.-16%(% & 2%& '& -1#,1,%&;(&#',(&.51-&-(:'&).#.*%*&%5;.)%@%-(&2%&'F%&-(&/(0(5&,('-%F'*(8&R5;.)%@%-1-&"1&(L%)*+&0(#4*&
,('-%F+,%%&1"(%&5%)%1"%&0(.)(@%*(3&7',(8(&!"*,14+*2,/&-1#,('F+3&#."*,%@1%(&#'&/($%#.-1-&/%*'-&'-&("*%*+6%% ;("*,1&1"&'"15%*&5.5("*&'-&(/.-16%(%&.5("%,%%8
*'+
?2,418&)28',&3%&#2,418&7("*'8&'8&27181% XW
XV
C(2%&K.',(-(&!"&0(7%"%*%/&(&1"&')*,1&#(&!"&/('#1,%-(&/%%*.',(&/'&0(/("%&.&;-'"(*+3&*.*12%&7-1%01-&)+1&
5-.6+*)$-*(.)8#)9-.6+*),&'%(*)(*)-,+*+# ()*(&)1;(,%.,&7-1%01-1%&;-'"(*',3&#',(&!"/(-(2*(&;+54"*1-8&C%"&'#(')*+&#'1F+3&#.,;1-&).-',&'-&.51-1%&
"1&5'%&%'&7.,5'&*,1;1-1%3&'2'&#15&.&7'#(&#.,;1-&/%*'-&2%&;-'"(*',8&S-&,+54"(&)7(,%#3&!"/(-%"0&#.,;1,%-(&
5'%&;,.71"0(3&'-(&01$1-1%&)'1&)#4"*(%%8&C(&'-*7(-&/.5&/(0('&5'%&*4,F%1&#+&!")12%&#.,;1-&;-'"(*',&"1:
2%&5'%&5("6%"(&7.,5'&0(&.53&01;+&;+,+)%,('&#.,;1-1%&7%F%#3&;,%"&'#*1-&"15%*&5.',*(8&9(,%);%,%*1-&
H,(',('&1"(%&"(@1-.')(&',(&-.#&!"&K7(,'&0%/%"+8&I#.-.3&"("15+,'6%&H,('*.,%%&0%/%"%3&)1@-%5(-(& 01$1-1%&!"*.,)3&0%"&(L%-3&!"&;'*,%'&)'3&!2%&,(%'&7.,5'&)7(,%#+3&;,(F("*4"01:)(&;,%"&);'6%1&#'&.&)7(,+8&
I1L%-%',(&'-(&P'*+-1%&#(,()#3&;,(?+*()#&*.*1-3&5'*(,%%&2%&);%,%*(3&01;+&".1-&;-'"&'-&H,('*.,1-1%3&;("*,1& I#(-'2%&-1#,1&)(&;(*,(#(&2%&#1&!"/(-%21-&1"%/(,)%#&2%&#.)5%#8&S-(&)1"*&!"&=1,1-&)#4"*(%%&)1@ &7.,5+&
".1'&8#,('6%(3&#',(&)(&'7-+&;(&.&*,(';*+&)1;(,%.',+&7'6+&0(&#(-(&;,(#(0("*(8&H4"0&*.*1-&'&7.)*&;1)&-'& )7(,%#+3&!"/(-%"01:)(&#."#("*,%#&1"1-&;(&'-*1-8&I54"0.1+&!%&)(,/()#&-'&;-1*%,('&2%&5%2#',('&;,%"&);'6%1-&
;1"#*3&"(@1-.')'&;-('#+&!"&7,1"*('&1"(%&)*,+-1#%*(&S"*%*+6%&);%,%*1'-(3&'&#+,(%&/(#$%5(&(/.-1*%/+&)(& #.)5%#&2%&1"%/(,)%#8&I#()*'&2%&"15'%&'#()*'&(&,.-1-&-.,8
;%(,0(&!"&/(2"%#%(8&I#(')*+&S"*%*'*(&',(&,'"?1-&0( &`%1&5%0%"/&`%1&5(&>17"(M(19 &!"&=1,1-&K+1&',(& K#4"*(%'&0%/%"+&)'1&01$1-&()*(&.&%"0%/%01'-%*'*(&/(2"%#+8&S'&"1&;.'*(&*,+%&)%"?1,+&0(#4*&!"&)4"1-&
5%-%.'"(&0(&("*%*+6%&);%,%*1'-(3&!"?(,%&).-',%&2%&!"?(,%&;-'"(*',%3&#',(&/.,&7%&'=1*.',(-(&K'-(&;(&).',(-(& P'*+-1%8&!")+3&0()*%"1-&(%&()*(&)+&#1".')#+&.;(,'&P'*+-1%3&*.*&#(&'&#,('*&S-&0%"&%"7%"%*'*('&*%5;1,%-.,3&!"&
#("*,'-&2%&!"&;-'"(*(-(&!5;+,+6%(%&K'-(8&!"&'#(-'2%&*%5;3&H."01#+*.,1-&"(@1-.')(%&',(&-'&0%);.F%6%'&K'& '#()*&)#.;&)#4"*(%'&0%/%"+&#+-+*.,(2*(&;,%"&#.)5.)3&;,%"&#(-(&;'*,1&1"%/(,)1,%&2%&%"7%"%*'*('&0(&)%)*(5(&
*.'*(&*,(;*(-(&0(&7-1%0(3&0(&-'&;',*%#1-(-(&)%5;-(&0%"&%"7%"%*3&;4"+&-'&#(-(&5'%&#.5;-%#'*(&7-1%0(&2%& ).-',(3&;,%5%"0&#'&/($%#.-3&!"&'#()*(&#+-+*.,%%&0(&)*10%13&5'%&51-*(&!"/(-%21,%&7-1%0%#(3&#',(&!%&)(,/()#&
#'*(?.,%%&0(&'*.5%8&!"&7%"(3&!"&=1,1-&K+1&5'%&',(&.&%"7%"%*'*(&0(&01$1,%&0(&*.'*(&?,'0(-(3&2%&'"15(& 0,(;*&%")*,15("*&0(&#(,#(*',(&2%&!",(?%)*,',(&'&*.*&#(&/'&(L;(,%5("*'&!"&#,('6%'3&!"&.;(,'&9+,%"*(-1%&
01$1,% & #',( & /., & '"%5' & '*.5%%3 & 5.-(#1-(-( & 2% & 5%"(,'-(-( & #( & /., & %"*,' & !" & #.")*%*16%' & ).',(-1% & 2% & '& )+18&H15&5(0%%-(&;(&1"0(&/'&#+-+*.,%&'1&0%7(,%*(&#.")%)*("6(3&)#4"*(%'&'&7.)*&!"/(-%*+&!"&2';*(&$'%"(3&
;-'"(*(-.,&!5;+,+6%(%&K'-(8&C(&')(5("('3&/'& '/('&01$1,%&#',(&)(&/.,&!"*,1;'&!"&/%%*.',(-(&7.,5(& )'1&*1"%#%3&0%"*,(&#',(&*,(%&#("*,'-(&2%&;'*,1&;(,%7(,%#(8&H(-(&;'*,1&$'%"(&(L*(,"(&:&#.,;1-&;-'"(*',3&
/(?(*'-(3&'"%5'-(&2%&15'"(&#(&/.,&;.;1-'&/%%*.',(-(&;-'"(*(8&H1&'-*(&#1/%"*(3&N1/(,"'*.,1-&'#()*(%& ).-',3&1"%/(,)%#&2%&#.)5%#&:&)1"*&"15%*(&0(&1"%%&.#1-*%2*%A &$'%"'&')*,'8+/ &0'*.,%*+&7';*1-1%&#+&()*(&
"(@1-.')(&',(&!"&=1,1-&K+1&*.*1-3&5'*(,%%&2%&01$1,%3&0(&-'&'&`'-7'b&-'&#.&`.5(?'b8 7.,5'*+&0%"&5'*(,%%-(&!"&#',(&!".'*+&5%-%',0(-(&0(&#.,;1,%&#(,(2*%&)'1&')*,(8&H(-.,&*,(%&!"/(-%21,%&)'1&
I#(')*+&/')*+&',#+&)'1&#.,'@%(&);'6%'-+&()*(&;1,*'*+&;,%"&#.)5.)&2%&';.%&;,%"&1"1-&0%"&#(-(&;'*,1& #.,;1,%&%"*(,"(3&-(:'5&0'*&"15(-(&0(&#2,41,%&5%0%"(9
1"%/(,)1,%3&0(&#1,("*18&#2)7%#9&9("*,1&#'&("*%*+6%-(&);%,%*1'-(&)+&;.'*+&*,+%&!"&5(0%1-&#.)5%#&:&'0%#+&!"& I-&*,(%-('&0%"&'#()*(&*,(%&#.,;1,%&)'1&!"/(-%21,%&0%/%"(3&2%&'"15(&#(-&(L*(,"3&()*(&)(0%1-&!"&#',(&)(&
5(0%1-&7-1%0%#&'7-'*&!"*,(&#(-(&;'*,1&1"%/(,)1,%&:&*,(@1%(&)+&7%(&!5@,+#'*(&!"*,:.&$'%"+&7.,5'*+&0%"&7-1%0& '-#+*1%()#&7.,5(-(&5'*(,%'-(&#',(&#.,();1"0&1"., &%5(% &'-(&);%,%*1-1%3&'-&0.%-('&!"/(-%2&()*(&)(0%1-&
#.)5%#3&"15%*+&#2,4&#2)7%#9 7(72,%(%&)'1&',$%/'&1"0(&)(&0(;1"&*.'*(&#1".2*%"6(-(&#42*%?'*(&0(&01$&!"&"()74,2%*'&-1%&#',%(,+3&2%3&!"&
C%"&5.5("*1-&%"*,+,%%&!"&1"'&0%"&#(-(&;'*,1&)7(,(:1"%/(,)1,%&:&1"0(&)(&'7-+&1"&5(0%1&5'%&0(")& 7%"(3&;,%51-3&#(-&5'%&;,.71"0&!"/(-%2&()*(&)(0%1- &02%".(%9 &9,%"&;1*(,('&0(&'&#,('&%0(%3&)(&0(F/.-*+&
0(#4*&#(-&0%"&#.)5.)&:&("*%*+6%-(&);%,%*1'-(&)1"*&!"/(-%*(&0(&5',%%&H.")*,1#*.,%&'%&)%)*(51-1%3&#1&.&'-*+& #1-*1,'&2%&%"*(-%?("6'&01$1-1%3&;,%"&!")15',('&'#()*.,&#1".2*%"6(&)(&0(F/.-*+&5(5.,%'&2%&)("*%5("*(-(&
$'%"+3 & ';-%#'*+ & ;()*( & #(' & #.)5%#+3 & . & !"/(-%*.',( & 7-1%0%#+ & ')(5+"+*.',( & #1 & 5(0%1- & 7-1%0%# & '-& 0%/%"(3&%',&!"&;,%5'&$'%"+&)(&0(F/.-*+&/.%"6'8&[.%"6'3&5(5.,%'&2%&%"*(-%?("6'&)1"*&#(-(&*,(%&5',%&
1"%/(,)1-1%&1"0(&)(&'7-+3&2%&7+,+&0(&#',(&"1&):',&;1*('&5("6%"(&!"&'#()*&5(0%18&I#()*(%&!"/(-%*.,%&%:'5 7'#1-*+6%&;(&#',(&)#4"*(%'&2%&-(&0(F/.-*+&!"&-1"?'&2#.'-+&'&/%(6%%&)'-(8
0'*&"15(-(&0(&#2,4&1"%0(,)%#9
C1;+&.&#+-+*.,%(&0(&5%%&0(&'"%3&'/4"0&.&*,'%(#*.,%(&);%,'-'*+3&"(@1-.')'&'=1"?(&-'&0()*%"'6%(8&I%#%&
)(&.;,(2*(&0%"&#+-+*.,%'&)'&2%&!"#(;(&)+&7%(&,+)1#%*+&;(&-.#&0(&#+*,(&#1,("*1-&#.)5%#&2%&0(#%&)%-%*+&)+&%'&.&
7.,5+&)7(,%#+8&C%"&'#()*&5.5("*3&1"(-(&7-1%0(&0%"&#("*,1-&"(@1-.')(%&!"#(;&)+&)(&*,'")7.,5(&!"&'*.5%& !"&#."*%"1',(&"(&;,.;1"(5&)+&)*10%(5&!"/(-%21-&;,.01#+*.,&0(&%0(%3&)'1&#.,;1-&1"0(&%'1&"'2*(,(&
2%&')*7(-&"(@1-.')'3&0%"&7-1%0%#+3&'&*,(#1*&!"&)*',(&'*.5%#+3&'0%#+&):'&*,'")7.,5'*&!"*,:.&)*('3 7.,5(-(&0%7(,%*(-.,&%0(%3&#,('*(&0(&01$8
a,%#(&01$&',(&'#()*&#.,;&'-&?4"01,%-.,3&#.,;&5("*'-3&0',&"1&-'&*.'*(&()*(&0(.;.*,%/+&0(&0(F/.-*'*8&
!"*,:1"&).',(8 C1;+&#15&*.*&.51-&".,5'-&',(&.#$%3&0',&"1&*.6%&.'5("%%&/+0&0(.;.*,%/+&0(&@%"(3&01;+&#15&*.6%&
!"&=1,1-&).',(-1%&'*.5%#3&)*,+-1#%*.,&2%&-15%".)3&)(&'7-+&.&'*5.)7(,+&7-1%0%#+3&!"&)4"1-&#+,(%'&/.,& .'5("%%&'1&)%)*(5&#(,(@,'-3&0',&"1&*.6%&;.*&/.,@%&2%&?4"0%&-'&7(-3&;("*,1&#+&-'&1"1-&(&5'%&@%"(&'-#+*1%*&
*,+%&*.'*+&?'5'&0(&01$1,%3&0(&-'&#(-(&5'%&)%5;-(3&;4"+&-'&N1/(,"'*.,1-&).-',8&9("*,1&#'&01$1,%-(&)+& 2%&-'&'-*1-&(&!"&#1,)&0(&;(,7(#6%."',(3&0(&')(5("('&#.,;1-&5("*'-3&()*(&0%7(,%*&.,?'"%F'*3&2%&;(,7(#6%."'*&
;.'*+&)1@F%)*'&!"&'#()*&5(0%1&7-1%0%#&).-',3&(&"(#()',&)+&'%@+&!"&=1,1-&-.,&7-1%01-&'=1")&;,%"&#."#("*,',(& -'&7%(#',(&("*%*'*(&);%,%*1'-+8&G'&1"(-(&01$1,%&15'"(3&(-&'&7.)*&;1)&5'%&0(&51-*&!"&71"#6%1"(3&2%&#'&
;4"+&-'&;1"#*1-&)*+,%%&0(&).',(8&I2'0',&01$1,%-(&/.,&.@6%"(&!"&=1,1-&-.,&.&$'%"+&7.,5'*+&0%"&7-1%0 '*',(&.,?'"%F',('&-1%&(&5'%&(/.-1'*+3&-'&'-*(&01$1,%&:&0()%?1,3&5'%&*%"(,(&)'1&5'%&"('*("*(3&5'%&-("(2(3&
).-',3&"15%*+&#2,4&)28',9 '5&;1*('&);1"(&:&(-&'&7.)*&;1)&-'&*,('@+&5'%&,',3&2%&#'&'*',(&()*(&5'%&;16%"&.,?'"%F'*8
!"&7%"(3&0%"&#'1F'&,.*'6%(%&).',(-1%&?'F.)&!"&=1,1-&'L(%&)'-(3&)(&"'2*(&.&7.,6+&#("*,%71?+3&;,./.#4"0& I2'0',&#.,;1-&?4"01,%-.,&0%7(,+&0(&-'&01$&-'&01$&2%3&#'&1,5',(3&0(&-'&1"&.5&-'&'-*1-8&I)*7(-3&.51-&
0();,%"0(,('&1"(%'&)'1&'&5'%&51-*.,&@1#+6%&0%"&5')'&7-1%0%#+&#(&!"#."=.',+&).',(-(&?'F.)8&C%"&#'1F'& )%5;-1&:&01$1-&5'%&*4"+,&:&"1&;.'*(&#,('&2%&,(#(;6%."'&0(#4*&%0(%&#.51"(3&;16%"(&-'&"15+,3&2%&!"&
0%5(")%1"%-.,&5'%&5%#%3&'#()*(&@1#+6%&):'1&#."0(")'*&5'%&,(;(0(3&04"0&"'2*(,(&5'%&!"*4%&1".,&5%#%& ?("(,'-&0%"&#'*(?.,%'&#(-.,&#."#,(*(8&a51-&)1;(,%.,&:&01$1-&5'%&@+*,4"&:&;.'*(&#,('&2%&;,%5%&%0(%&
).,%3&%',&5'%&';.%3&;,%"*,:.&".1+&#."0(")',(3&1".,&;-'"(*(&-%#$%0(3&#',(&#."*%"14"0&;,.#()1-&0(&,+#%,(& )1;(,%.',(&2%&;.'*(&!"6(-(?(&#."6%"1*1-&%0(%-.,&'@)*,'#*(3&2*%%"6%7%#(&2%&7%-.).7%#(8&9,%"&1,5',(3&!"*,(&
2%&#."0(")',(&'1&'=1")&-'&)*',('&).-%0+8 .51-&/(#%"&#1&'"%5'-1-&2%&.51-&)'/'"*&)(&!"*%"0(&.&?'5+&%"7%"%*+&0(&%"0%/%01'-%*+6%3&#',(&'1&#.,;1-&
H'&.,%#(&')*,1&;-'"(*',3&2%&?-.@1-&".)*,1&'&*,(#1*&;,%"&'#()*(&*,(%&)*+,%&:&?'F.')+3&-%#$%0+&2%&).-%0+3& 5("*'-&!"&0%7(,%*(&)*'0%%&0(&0(F/.-*',(8
!"&*.'*(&)*'0%%-(&!")+3&(-&'&7.)*&2%&/'&,+54"(&!"#."=1,'*3&;4"+&-'&7%"(-(&(L%)*("6(%&)'-(3&#1&.&'*5.)7(,+ C1$1-&!"*,(@1%"6('F+&'#()*&%")*,15("*3&#.,;1-&5("*'-3&!"&/(2"%#%(8&a,&;,%"&!")+2%&7';*1-&71"#6%."+,%%&
7-1%0%#+&;-'"(*',+8 )'-(3&5'*(,%'&7-1%0%#+&0%"&#',(&(&'-#+*1%*&)(&1F('F+&2%&('3&#'&.,%#(&5'*(,%(&0%"&-15(8&C%"&'#(')*+&
H4"0&):'1&0();,%")&;-'"(*(-(&0%"&).',(3&):'&)(;','*&0%"&(-&2%&?'5'&0(&01$1,%&;-'"(*',(3&0',&;("*,1& #'1F+3&5'*(,%'&'#()*1%&#.,;&*,(@1%(&;,%5("%*+&"(#."*("%*8&R"&/(0(,('&'#()*1%&)#.;3&01$1-&(L(#1*+&1"&
#'&(-(&)+&"1&7%(&'*,')(&!"';.%&0(&).',(3&'1&7.)*&!"/(-%*(&#1&.&$'%"+&2%&5'%&0(")+&0(#4*&#('&'/1*+&!"& 7(-&0(&;1-)'6%(&:&.&5%2#',(&0(&0%-'*',(&2%&#."*,'#*',(&')(5+"+*.',(&#1&,();%,'6%'&:&?,'6%(&#+,(%'&#.,;1-&
?4"01,%-.,&(-%5%"+&5'*(,%'&1F'*+&2%&'@).',@(&0%"&5(0%1-&!"#."=1,+*.,&5'*(,%(&;,.');+*+8&!"&'#()*&7(-&
).',(3&!"/(-%*.',(&"15%*+&#2,4&48'"(*',9 #.,;1-&5("*'-&!2%&;.'*(&!"0(;-%"%&,.-1-&)+1&0(&5.0(-'*.,&'-&7.,5(-.,&#(&(L;,%5+&.&%0((8&&&8
I2'0',3&01$1-&)'1&)#4"*(%'&0%/%"+&;,%5(2*(&!"&K7(,'&0%/%"+&*,(%&$'%"(&7-1%0%#(&: &$'%"'&*+*',+/& K+&"1&"(&!"#$%;1%5&#+&!"/(-%21,%-(&)#4"*(%%&0%/%"(&)(&'#.;(,+&#.5;-(*&1"(-(&;(&'-*(-(8&o%(#',(&
$'%"'&,()4%,'*2,%( &2% &$'%"'&7'7',+&a &#+,.,'&';.%&-%&)(&'0'1?+ &$'%"'&#2)7%#+/&$'%"'&1"%0(,)%#+/& !"/(-%2&)'1&#.,;&*%"0(&)+&'%@+&#."*'#*&#1&;-'"1-&0%"&#',(&;,./%"(&5'*(,%'&)'3&0(#%&)+&7%(&!"&-(?+*1,+&#1&
$'%"'&)28',+&2%&$'%"'&48'"(*',+9&9,%"&1,5',(3&("*%*'*('&);%,%*1'-+&()*(&7.,5'*+&0%"&.;*&;+,6%A&)#4"*(%'& -15('&0(&'#(('2%&)1@)*'"6+&#1&)%"(8&U'*(,%'&7%(#+,1%&!"/(-%2&;+*,1"0(&;,%"*,(&;',*%#1-(-(&5'*(,%(%&
0%/%"+&2%&#(-(&2';*(&!"/(-%21,%&'-(&)'-(8 !"/(-%21-1%&(L*(,"&:&#',(&()*(&5'%&01,+&:&2%&)(&','*+&-'&(L*(,%.,1-&*,1;1-1%3&0'#+&()*(&/.,@'&0(&1"&01$&
!"&5.5("*1-&0(&7'6+&K.',(-(&()*(&1"&#.,;&7%(,@%"*(3&-15%".)3&!"#."=1,'*&0(&.&'*5.)7(,+&7-1%0%#+ !"*,1;'*3&#."*,%@1%"0&')*7(-&-'&7.,5',('&'1,(%&15'"(8&H15&#.,;1-&5("*'-&*,(@1%(&)+&)*('&!"&=1,1-&
0(.)(@%*&0(&5',(3&1"0(&!".'*+&*.'*(&;-'"(*(-(&)'-(8 )#4"*(%%&0%/%"(&2%&#15&)#4"*(%'&',(&)(0%1-&!"&)%)*(51-&#(,(@,'-&)'1&0(')1;,'&#';1-1%&:&0'#+&01$1-&()*(&
T"(-(&01$1,%&'-@(&2%&!"?(,%%&;-'"(*',%&'1&;.)%@%-%*'*('&)+:2%&0(F@,'#(&$'%"'&7-1%0%#+&'&;+54"*1-1%&:& 5'%&(/.-1'*&:&)(&!"6(-(?(&#+&'1,'&?4"01,%-.,&)(&/'&'7-'&5'%&51-*&!"&=1,1-&#';1-1%8
#.,;1-&;-'"(*',&h&2%&)+&)(&01#+&!"&K.',(3&1"0(&;',*%#%;+&-'&#1,)1,%-(&0(&!"'-*+&2*%%"6+&#(,(')#+3&;,(0'*(& K+&(L;1"(5&!"&#4*(/'&#1/%"*(&5(#'"%)51-&/%(6%%&.5("(2*%8&P,1;1-&',(&.&"(#()%*'*(8&S-&%"7-1("6('F+&
0(&)1;(,%.,%%&#.$.,*(-.,&!"?(,(2*%8&C1;+&*(,5%"',('&#1,)1-1%&)(&!"#."=.',+&0%"&".1&#1&$'%"+&7-1%0%#+& #.,;1-&;-'"(*',&;,%"&%"*(,5(0%1-&#.,;1-1%&/%*'-8&!"&#.,;1-&;-'"(*',&)(&"'2*(&.&0.,%"6+&#.,();1"F+*.',(
;-'"(*',+3&;("*,1&'&)(&;1*('&!"*.',#(&;(&;-'"(*'&0(&#',(&';',6%"3&2%&7+,+&0(&#',(&"1&',&;1*('&)*'&;(&'#()*&
')*,13&#+#%&K.',(-(&%:',&'*,'?(&#+*,(&)%"(8
?2,418&)28',&3%&#2,418&7("*'8&'8&27181% XY
XX >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&C,%7'&#',*(
"(#()%*+6%%&)'1&%5;,()%(%&;,%5%*+&0(&-'&*,1;8&C.,%"6'&#.,;1-1%&;-'"(*',&)(&*,'")5%*(&)1@&7.,5+&0(& )("F'6%%3&*,(#&#'&71-?(,1-&;,%"&#.,;1,%-(&')*,'-(&2%&'=1"?4"0&!"&#.,;1-&5("*'-3&)*'1&#'&%5'?%"%&!"&7'6'&
/%@,'6%%3&0(:'&#1,5(F%21-&#(-.,-'-*(&#.,;1,%3&;4"+&-'&)#4"*(%(&:&)1/(,'"1-&#("*,'-8&K#4"*(%'&0%/%"+&%'& )#4"*(%%3&#',(&-(&(L'5%"('F+&2%&!"6(-(?(&)(")1-8&C%"&'#()*&5.5("*&01$1-&'&;(,#(;1*&!"6(-()1-&%5'?%"%-.,&
#1".2*%"6+&0(&#(&):'&;(*,(#1*&!"&'7','&#.,;1-1%&)+13&#1?(*+&!"&%"*(,%.,1-&)+1&2%&';.%&)(&0(#%0(8&I*1"#%3& ).)%*(&2%&#."7.,5&'#()*.,&%5'?%"%&0(#%0(&!"&#(&)(")&)+&'#6%."(F(8&I2'0',3&0%"&(L*(,%.,&);,(&%"*(,%.,&'1&
;1"(&!"&'#6%1"(&/.%"6'&)'3&01;+&#',(&#.,;1-&)+1&!"#(;(&)+&/%@,(F(8&9,%"&/%@,'6%%-(&)'-(&*,(F(2*(&0%"& 1,5'*&.&)(,%(&0(&'#*(&);%,%*1'-(A&%5;,()%%3&)("F'6%%3&;(,#(;6%%3&#."#(;6%%8&9(&5+)1,+&#(&#,(2*(&"15+,1-&
#.,;1-&5(5.,%(%&'"15%*(&7.,5(&)'1&#-%2((&#.,();1"F+*.',(&0.,%"6(%&)'1&"(#()%*+6%%&,();(#*%/(8&!"& .@)(,/'6%%-., & 2% & '*("6%' & '#.,0'*+ & !",(?%)*,+,%% & -., & ()*( & 5'% & !"#.,0'*+3 & #1".2*%"6(-( & /., & 7% & 5'%&
7%"(3 & ;.*,%/%* & #(-., & 2*%1*( & 2% & (L;(,%5("*'*( & 0(='3 & )( & #."#,(*%F('F+ & !" & #.,;1- & ?4"01,%-., & . & 7.,5+& "15(,.')(&2%&5'%&@%"(&,(6%"1*(8
1-*,'5%#,.)#.;%#+3&.&%"0%/%01'-%*'*(&0(:)%"(:)*+*+*.',(3&1"&#.,;&/%13&.&7%%"6+3&"15%*+ &%5((9 &I#(')*+& P,+%"0&!"&-15('&7%F%#+3&'0%#+&!"&-15('&5'*(,%(%&#(-(%&5'%&0(")(3&.51-&)(&!"6(-(?(&#1&)(5("1-&)+1&
%0((&()*(&(L;1-F'*+&!"&'7',+3&0(*(,5%"4"0&!"&0,151-&(%&'"15%*(&/%@,'6%%&!"&#.,;1-&;-'"(*',8&G'&,4"01-& ;,%"&/.,@%,(8&[.,@%,('&()*(&.&/%@,'6%(&).".,+&'&'(,1-1%8&S'&!"/(-(2*(&)'1&#."6%"(&.&%5'?%"(3&.&7%?1,+3&
)+1&:&0'*.,%*+&%5;1-)1-1%&/("%*&0(&-'&'#(')*+&%0((&:&#.,;1-&;-'"(*',3&;,%"&%"*(,5(0%1-&#.,;1-1%&/%*'-3& #.,();1"F+*.',(&1"(%&%0(%8&C1$1,%-(&"(5'%'/4"0&*,1;3&"1&5'%&'1&;.)%@%-%*'*('&0(&'&;,.01#(&1"0(&
#.5'"0+ & 1"1% & '"15%* & #("*,1 & 0%" & )%)*(51- & #(,(@,.);%"'- & )+ & %"*,( & !" & '#6%1"(3 & ;("*,1 & !"0(;-%"%,('& ).".,(8&R0(%-(&-.,&7%%"0&-%;)%*(&0(&$'%"'&/.,@%,%%&).".,(3&';',&1"'&01;+&'-*'&!"&7'6'&01$1-1%3&#',(&-(&
"(#()%*+6%%&#(,1*(3&'&(/%*+,%%&"('=1")1-1%&)%56%*3&)'1&'&.@6%"(,%%&-1#,1-1%&0.,%*8&R'*+&7.',*(&;(&)#1,*3& /(0(3&-(&2*%(&!"6(-()1-&2%&')*7(-&'7-+&#(('&#(&?4"0(2*(&B/.,@%*.,1-E&)+18&R0(%-(&)1"*&%5'?%"%3&7.,5(3&#',(&
*,'%(#*1-&'#6%1"%-.,&0%"&'7',+&-'&)#4"*(%(&2%&*,'")5%*(,('&0(#%F%(%&0(&-'&)#4"*(%(&);,(&(L*(,%.,3&-'&*,1;8 '1&7%(#',(&.&#1-.',(&2%&.&'"15%*+&/%@,'6%(3&0(#%&.&'"15%*+&51F%#+&(*(,%#+8&C1$1-&;,%/(2*(&%0(%-(&
G15('&7%F%#+&%5;,()%."('F+&*,1;1-3&)#4"*(%'&0%/%"+&%'&#1".2*%"6+3&%',&;,%"& #.,;1-&?4"01,%-.,3& #.-.,'*(&2%&51F%#'-(&2%&!"6(-(?(&;,%"&!"2%,',('&-.,&?4"0%,('&(5%*("*1-1%&-.,8&N4"0%*.,1-&(5%*(&71-?(,+*.,3&
2%&-'&7(-&0(&71-?(,+*.,&!"6(-(?(&2%&,+);1"0(&,(#(;*.,1-8
(5%*(&.,0%"(3&%0(%3&(L(#1*'*(&0(&*,1;8 C'*.,%*+ & "(#()%*+6%% & 0( & ' & ;,.01#( & )1"(*(3 & #1 & '=1*.,1- & (L;%,'6%(% & 2% & ' & /%@,'6%(% & #.',0(-., & /.#'-(3
G'&1"(-(&01$1,%&7'#1-*'*('&/.%"6(%&%'&.&0(F/.-*',(&0(.)(@%*&0(&5',(8&T"&')(5("('&.5&',(&.& .51-&*,1;()#&/.,@(2*(&(L*,(5&0(&!"#(*3&7'6+&0(&/%*(F'&71-?(,+*.',(&'&#."/.,@%,%%80%"*,(&0.1+&01$1,%3
/.%"6+&;1*(,"%#+3&0',&"('/4"0&1"&#';%*'-&@.?'*&0(&#1".2*%"6(&"1&;,('&;.'*(&,('-%F'&.;(,(&01,'@%-(&2%& !"&?("(,'-3&.51-&*,1;()#&"1&/(0(&2%&"1&'10(&?4"0%,('&01$1-1%8&T"%%&.'5("%&'10&'#(')*+&/.,@%,(
0(&5',(&%5;.,*'"6+8&SL%)*+&01$1,%&#1&.&5',(&%"*(-%?("6+3&0'*.,%*+&7';*1-1%&#+&2%:'1&(L(,#%*'*&#."*%"11& );%,%*1'-+3&;(,#(;4"0:.&0(&;',#+&',&'1F%&.&#."/.,@%,(&*(-(7."%#+8&a&'10&!"&#';1-&-.,3&!"&);%,%*3&0',
2%&)%)*(5'*%#&#.,;1-&5("*'-3&'#151-4"0&#1".2*%"6(8&C%"&#'1F'&'#()*(%&0(.)(@%*(&'#*%/%*+6%&);%,%*1'-(3& -%&)(&;',(&(L*(,%.',+3&/("%*+&0%"&'7',+8&I#(2*%&7.',*(&,',%&.'5("%&)(&"15()# &7(5%17%&'15%*%0%9 &I-*(
'#()*&#.,;&'&-1'*&.&0(F/.-*',(3&.&;1*(,(&5'%&'##("*1'*+&7'6+&0(&#(-(-'-*(8&T"&')(5("('&.5&',(&.& ;(,).'"(3&')(5("('&01$1,%-.,&-%@(,(3&/+0&'#()*(&%0(%8&S-(&;,%/()#&1"&.5&2%&/+0&(5'"4"0&?4"0%,('
')#16%5(&0(&);%,%*&0(.)(@%*+3&7%%"0&.&5',(&%"*(-%?("6+&!"&5(0%1-&)+1&0(&/%'6+8&T"(-(&01$1,%&)(&)%-()#& 0%" & #';1- & )+13 & #1".)#4"0 & #( & ?4"0(2*(8 &I#(2*% & .'5("% & )1"* & 2%& 5'% & ,',% & 2%& )( & "15()# &#%*%*2,% & 5(
0%"&,+);1*(,%&)+&;+)*,(F(&2%&)+&5(5.,(F(&'04"#&)("F'6%%-(&/%F1'-(&2%&'10%*%/(8&I)(5("('&.'5("%&!2%& -E"51,%9 R
0(F/.-*+&!"&5.0&0(.)(@%*&#.,;1-:',$%/+&)'1&5(5.,%'8&S/,(%%&5(5.,4"0&0%"&#.;%-+,%(&;')'=(&!"*,(?%& C%"&0()#,%(,('&0(&5'%&)1)&)(&!"6(-(?(&#+&'1*.,1-&?4"0%,%%&()*(&)#4"*(%'&)'1&);%,%*1-3&%',&#.,;1-&
0%"&#+,6%-(&-.,&,(-%?%.')(&2%:'1&0(F/.-*'*&5(5.,%'&7.',*(&;1*(,"%#8&9,%"&1,5',(&.'5("%%&)(&0(.)(@()#& 5("*'-&"1&7'#(&0(#4*&)+&;,.#1,(&5'*(,%'-&;("*,1&#,(',('&%5'?%"%-.,&#',(&#.,();1"0&'#(-.,&%0(%8
!"*,(&(%3&;,%"&;1*(,('&/.%"6(%3&%"*(-%?("6(%&2%&'&5(5.,%(%8&o(,%#(&0(&#%"(&-(&/'&0(F/.-*' C1;+&#153&;,%"&(L(,#%6%%&7%F%#(&;,'#*%#'*(&)%)*(5'*%#3&)(&0(F/.-*+&*,1;1-&1"1%&.53&;,%"&)*10%13&
0(.;.*,%/+&;(&*.'*(&*,(%8 5(0%*'6%%&2%&#."#("*,+,%&#."*%"1(3&)(&0(F/.-*+&#.,;1-&5("*'-&)'1&'-&?4"01,%-.,8&C',&01;+&#15&(L(#1*4"0&
N,'6%(&%5;,()%%-.,&0%"&'7',+&:&%0(%&2%&7';*(3&);%,%*1-&#'1*+&5(,(13&!"&5',('&',$%/+&'&#.,;1-1%&)+1& 1"&*,'/'-%1&7%F%#3&;,(-1"?%*3&)%56%5&#+&"(&)-+@()#&;1*(,%-(&0%"&#(&!"&#(&5'%&51-*3&;4"+&-'&(;1%F',('&
5(5.,%'-3&%0(%-(&#.,();1"F+*.',(3&;(&#',(&-(&!"2%,+3&-(&#.5@%"+&2%&0(01#(&#(('&#(&/'&1,5'&:&#'&7';*(3& #.5;-(*+3&#4"0&/,4"0:"(/,4"0&)1);("0+5&'#('&'#*%/%*'*(3&#.,;1-&?4"0%,%%3&*.*&#%*%"0&)'1&5(0%*4"03&
)'1&#(('&#(&/'&$.*+,!&:&#'&%0(%3&1"&'-*1-8&I#()*&;,.#()3&,(;(*'*&5(,(13&'#.,0+&'#()*1%&.5&.&7'#1-*'*(& .@.)(2*(3&)(&(;1%F('F+&2%&)%5*(&"(/.%'&1"1%&,(;'1)3&;("*,1&#'&!"&'#()*&%"*(,/'-&0(&*%5;&)+:2%&,(7'#+&
)1;(,%.',+3&"15%*+ &%"*1%.%(9 &K#.,5."%,('&%0(%-.,&0%"&,'7*1,%-(&#.,;1-1%&5(5.,%'-&2%&;1"(,('&-.,&;(& 5'*(,%'&1F'*+8
;,%51-&;-'"&)(&"15(2*(&%7'-%"'.%(9&C1$1-&"1&;.'*(&%5'?%"'&#(('&#(&"1&'&,(#(;6%."'*3&#(('&#(&"1&'& I5&',+*'*&#+&7%(#',(&%0((&',(&.&#1-.',(&;,.;,%(8&H4"0&)1"*&!").6%*(&0(&)*+,%&(5.*%/(3&%0(%-(&)1"*&
/+F1*3&#%*%*&)'1&'1F%*&#4"0/'8&R5'?%"'6%'&()*(&7'#1-*'*('&0(&'&#,('&5("*'-&%0(%&".%3&'/4"0&#'&5.0(-& 5'%&#-',(3&5'%&/%1&#.-.,'*(&2%&#1&.&/%@,'6%(&5'%&;1*(,"%#+8&H-',/+F+*.,%%&"(:'1&,(/(-'*&#4*(/'&#1-.,%&
%0(%-( & 0(=' & #42*%?'*( & 2% & 0(;.F%*'*( & !" & #.,;1- & 5(5.,%'-8 & C%" & #(-( & (L;1)( & 5'% & )1) & )( & !"6(-(?( & #+& #.,();1"F+*.',(&1".,&)*+,%&)17-(*(2*%8&I)*7(-&%1@%,('&)(&5'"%7()*+&;,%"*,:.&#1-.',(&,.F+3&)1;+,',('3&
?4"0%,('&()*(&5'*(,%'-+3&,(;,(F%"*+&.&7.,6+&0(.)(@%*+&2%&)(&;,.01#(&)1@&%5;1-)1-&/.%"6(%&01$1-1%8 54"%' & : & ;,%"*,:. & #1-.',( &,.2%( & ';,%")+3 &(?.%)51-& : & ;,%"*,:. &#1-.',( & 5.$.,4*+3 &@,1"+ & !"#$%)+3 & %',&
a&;,.@+&#+&%0(%-(&.51-1%&)1"*&5'*(,%'-(&2%&(L*(,%.,%F'@%-(&()*(&7';*1-&#+3&0'#+&1"(%&;(,).'"(& );%,%*1'-%*'*('&)'1&#,(0%"6'&:&;,%"*,:.&#1-.',(&/%.-(*&0()#$%)+8
'0.,5%*(&;,%"&7-1%0&5'?"(*%#&%&)(&0()#,%(&1"&.@%(#*&)'1&%&)(&*,'")5%*(&5("*'-&%0(('&,(7(,%*.',(&-'&'#(-& H1 & #4* & 01$1- & (/.-1('F+3 & )*+,%-( & )'-( & )17-(*(2*% & )( & ,%0%#+ & 0%" & %"7(,%.',( & );,( & )*+,% & )1;(,%.',(8&
.@%(#*3&('&);1"(&#+&/(0(&'#('&%0((3&)'1&5'%&(L'#*&#+&/(0(&.@%(#*1-&-'&#',(&)(&,(7(,+&'#('&%0((8&K(& H.,;1-&)+1&5("*'-&0(/%"(&5'%&7%"3&)(&*,'")7.,5+3&#.")*,1%"01:)(&0%"*,:.&5'*(,%(&7-1%0%#+&0%"&#(&!"&#(&
;.'*(&5(,?(&2%&5'%&0(;',*(8&G1+5&.&7.'%(&0(&$4,*%(&2%&"(&?4"0%5&!"&7'6'&(%&-'&.&%0((3&0(&(L(5;-1&1"& 5'%&7%"+3&#'&1,5',(3&/'&'/('&.&/%@,'6%(&*.*&5'%&,';%0+8
)#'1"8&R0(('&".')*,+&)(&(L*(,%.,%F('F+3&)(&5'*(,%'-%F('F+&2%&)(&!",(?%)*,('F+&;(&$4,*%(8&I5()*(#+5& H.,;1-&5("*'-&7.,5'*&0%"*,:.&5'*(,%(&0(&#'-%*'*(&%"7(,%.',+&()*(&)1;1)&%"7-1("6(-.,&#.,;1-1%&7%F%#3&
'#(')*+&$4,*%(3&;(&#',(&';',("*&"1&(&"%5%#3&#1&'-*(&$4,*%%&')(5+"+-.'%(&-'&#1-.',(3&5+,%5(&2%&#'-%*'*(3&2%& 2%&/'&'*,'?(&0%"&'7',+&%0(%&%"7(,%.',(3&#.51"(3&#1&/%@,'6%%&-("*(3&1,4*(&2%&,();%"?+*.',(&#'&7.,5+&2%&
-(&',+*+5&5'?"(*%F'*1-1%3&#',(&/'&%"0%#'&7';*1-&#+&;(&1"'&0%"&(-(&)(&/(0(&1"&)#'1"8&S)*(&#$%',&7.'%'&0(& #1-.',(8&[('#1,%-(&*,(#3&.@)(,/'6%%-(&;(,5'"("*(&2%&)17(,%"6(-(&!"01,'*(&!-&7'#&;(&01$&5'%&'#*%/3&5'%&
$4,*%(&!"&0,(;*1-&#+,(%'&'5&?4"0%*&2%&;(&#',(3&;("*,1&'&.&,(#1".'2*(3&'5&!"6(;'*:.&12.,&#1&1"&'#&-'&1"& *',(&!"&/.%"6+&2%&5'%&'*("*8&C%"&'#(')*+&#'1F+3&(-&)(&0(F,.@(2*(&0%"&#(&!"&#(&5'%&51-*&0(&%"7-1("6(-(&2%&
#.-63&-1#,1&0(&#',(&$%;".*%F'*1-&"1&'/('&#1".2*%"6+8&I2'0',&%0(('&".')*,+&'&7.)*&(L*(,%.,%F'*+&2%&#'& 0.,%"6(-(&#.,;1-1%&7%F%#3&%',&0(&-'&.&/,(5(&#$%',&0(&'*,'#6%%-(3&0.,%"6(-(&2%&!"#-%"'6%%-(&5'*(,%(%&/%%3&#',(&
'*',( & 5(0%151- & '0.,5%* & ' & /+F1*:.8 & H4"0 & $4,*%' & ;( & #',( & (,' & !",(?%)*,'*+ & ;,()1;1)' & 7.,5+:%0(( &:& #.")*%*1%(&#.,;1-&)+1&;-'"(*',8&C%"&'#()*&5.5("*3&%0(%-(&#(&7,+54"*+&#.,;1-&5("*'-&0(/%"&5'%&!"'-*(3&
)#'1"1-&:&'&7.)*&;,(F("*'*+&!"*.',)+&$%;".*%F'*1-1%3&'#()*'&'&!"*,(@'*A&BC(&#(&5%:.&;,(F%"6%&,+)*1,"'*+DE& 5'%&'@)*,'#*(3&5'%&7%-.).7%#(3&!"*,:1"&#1/4"*&5'%&);%,%*1'-%F'*(8
g%;".*%F'*1-&/'&/(0('&01@-1&'*1"#%&#4"0&()*(&%"/%*'*&)+&;,%/(')#+&$4,*%'&;,%"*,:.&;,%)5+8&H1&'-*(& K17(,%"6(-(&!"01,'*(&)(#.-(&"("15+,'*(&'1&7+#1*&01$1-&5'%&!"6(-(;*8&C(&'#15&!"'%"*(&(-&2*%(&)+&
#1/%"*(3&7.,5':%0((&()*(&'*4*&0(&,('-+3&'*4*&0(&5'*(,%'-+&2%&(L*(,%.',+3&!"#4*&('&*,%5%*(&,'F(&-15%".')(3& !"7,4"(F(&5'*(,%'&#.,;1-1%&)+1&;-'"(*',&2%&)+&(-%5%"(&0%"&#.,;1-&?4"01,%-.,&%0(%-(&/("%*(&0%"&'7',+3&
#',(&*,(#4"0&;,%"&;,%)5+3&;,.01#&.&01@-+&,(7,'#6%(8&C'#+&(&%"/%*'*&)+&;,%/(')#+&;,%"*,:1"&@%".#-13&2%& %0(%-(&0(&.&#'-%*'*(&%"7(,%.',+8&a51-&'=1"?(&1"(.,%&'*4*&0(&#."2*%("*3&!"#4*&!"&7'6'&1"(%&)%*1'6%%&?,'/(3&
'"15( & ;,%" & -("*%-(-( & .#1-',1-1%3 & 5'?"(*%F'*1- & /(0( & .@%(#*1- & =5'% & ';,.';(3 & %', & 0'#+ & ;,%/(2*( & ;,%"& '&1"(%&!5;,(=1,+,%&(L#(;6%."'-(3&;',(&#+&'10(&!"&%"*(,%.,1-&)17-(*1-1%&)+1&.&/.#(&:&/.#('&#."2*%%"6(%&
-("*%-(-(&.@%(#*%/(3&!-&/(0(&5'%&0(;',*(&0(#4*&()*(&!"&,('-%*'*(8&!"&7%"(3&5(0%151-&/'&/(0('&%5'?%"('& )'-(& : & );1"4"01:% &#15&)+ &0(#%0+3& #( & '*%*10%"(&)+ &%' &;("*,1 & '& ,(F.-/' &. &)%*1'6%(&)'1 & !5;,(=1,',(&
,(7-(#*'*+ & 2% & !"*,:. & .?-%"0+8 & !" & 1,5' & '#()*., & (L;(,%("6(3 & ;)%$.-.?%% & /., & 7% & "(/.%6% & )+ & ,(#1".')#+& 0%7%#%-+8&I#(')*+&/.#(&()*(&?,'%1-&*+#1*&'-&01$1-1%&#+*,(&)%)*(51-&)+1&#(,(@,'-3&#+*,(&;(,)."'-%*'*('&!"&
5'*(,%'-%*'*('&?4"01-1%&2%&'"15(&#+&%0(('3&7.,5'&(%&);%,%*1'-+3&'&7.)*&(5%)+&0(&);%,%*3&'&*,(#1*&;,%"& #',(&):'&!"*,1;'*8
#.,;1-&5("*'-3&):'&!"/(-%*&#1&.&;.,6%1"(&0%"&5'*(,%'&-1%&2%&';.%&'&7.)*&;,.%(#*'*+&0%"&#.,;1-&.51-1%&'*4*& C1$1-&7'#(&.&2#.'-+&;,%"&%"*(,5(0%1-&%")*,15("*(-.,&)'-(3&2%&!"&);(#%'-&;,%"&#.,;1-&5("*'-3&#1&
0(&.@%(#*%/+3&!"#4*&'&;1*1*&7%&/+F1*+&0(&$%;".*%F'*&)'1&!",(?%)*,'*+&;(&.&;-'#+&7.*.?,'7%#+8 #',(&#1-(?(&%0(%-(&#(&;-1*()#&;,%"& );'6%13&#'& ;,'71-&;,%"& '*5.)7(,+8&C',& ;("*,1&#'& '#()*& #.,;& )+&
a,%#(&%0((&,(7(,%*.',(&-'&1"&.@%(#*&0%"&-15('&7%F%#+3&/'&,(;,.01#(3&!"*,:.&7.,5+&5%#,.)#.;%#+3& 71"#6%."(F(&;(,7(#*3&)(&#(,(&;'#(&2%&#'-5&!"&#(-(-'-*(&#.,;1,%3&2%&!"&);(#%'-&!"&#.,;1-&;-'"(*',&)'1&
.@%(#*1-&,();(#*%/8&C'#+&#%"(/'&)(&?4"0(2*(&-'&%0(%&'@)*,'#*(&:&'/',%6%(3&=1)*%6%(3&7,151)(6(3&)1@-%5&(*#8& #.,;1-&0.,%"6(-.,&2%&(5.6%%-.,8&C'#+&'#()*(&#.,;1,%&)1"*&-%"%2*%*(3&*.'*(&%0(%-(&).)%*(&0%"&'7',+&/.,&7%&
:&'#()*('&/.,&7%&,(;,(F("*'*(&;,%"&)%5@.-1,%-(&,();(#*%/(8 ,(0'*(&#-',&2%&);%,%*1-&-(&/'&;1*('&%"*(,;,(*'8
P.*&#(('&#(&"(&!"#."=.',+&!"&-15('&7%F%#+&"(&%5;,()%."('F+8&a,%#(&%5;,()%(&)(&*,'")5%*(&0(&-'& H4"0&'(,1-&(&-%"%2*%*3&#4"0&"1&@'*(&"%#%&1"&/4"*&2%&)1;,'7'6'&-'#1-1%&()*(&-%"+3&#(,1-&2%&)*(-(-(&)(&
.,?'"(-(&0(&)%56&;,%"&"(,/%3&2%&'"15(&;,%"&7-1%01-&#',(&!"#."=.',+&"(,/%%3&;4"+&-'&)%)*(51-&#(,(@,.);%"'-3& ,(;,.01#&7%0(-&;(&-1#%1-&';(%3&#'&!"*,:.&.?-%"0+8&9(&71,*1"+3&';'&0(&-'&)1;,'7'6+&)(&!"#,(6(2*(&2%
5'%&;,(#%)&;4"+&-'&#.,;1-&/%*'-&#(:<&!"/(-(2*(8&I%#%3&%5'?%"%-(&/("%*(&0%"&'7',+&)(&*,'")7.,5+&!"
>%"&*'%"(8(&0%(.%%&.%&'8(&1"%0(,)181%&6&C,%7'&#',*( ?2,418&)28',&3%&#2,418&7("*'8&'8&27181% X[
./
5%2#',('&(%&"1&;(,5%*(&,(7-(#*',('&#(,1-1%8&P.*&'2'3&#4"0&#.,;1,%-(&(*(,%#(&'-(&.51-1%&)1"*&!"*,:.& 9("*,1&'&%-1)*,'&2%&5'%&@%"(&%"7-1("6'&?4"01-1%&')1;,'&".')*,+3&)+&-1+5&0.1+&(L(5;-(8&H%"(/'&'&
/%@,'6%(&.,0."'*+&2%&#'-5+3&!"&#.,;1-&?4"01,%-.,&)(&,(7-(#*+&"1&"15'%&%5'?%"%-(&-15%%&7%F%#(3&#%&#$%', 7.)*&"(0,(;*+6%*&)'1&;+?1@%*&0(&1"&'-*1-8&!"&5%"*('&;+?1@'21-1%&)'1&'&"(0,(;*+6%*1-1%&):'&"+)#1*&%0(('&
2%&#(-(&'-(&-15%%&7-1%0%#(8 0(&1,+3&0(&,+F@1"',(8&I#(')*+&?4"0%,(&'&0'*&"'2*(,(&1".,&7.,5(:%0(%3&#',(&)*'1&!"&;,('=5'&-1%8 &C%"&
a51-&'=1")&-'&)*+;4"%,('&0(&)%"(3&/(0(&01$1,%-(&0%"&);'6%13&;("*,1&#+&%5'?%"%-(&-.,&7%%"0&@%"(& *%5;&!"&*%5;3&'#()*(&7.,5(:%0(%&)(&71,%2('F+&!"&%"*(,%.,1-3&!"&5("*'-1-&)+13&%',&);%,%*1-3&'5%"*%"01:2%&0(&
,(#(;6%."'*( & 0(& )#4"*(%(3 &)1"* &,(7-(#*'*( &0%" & %"*(,%., & );,( & (L*(,%.,3 &%5;,%54"01:)( & ;(& #.,*(L8 & T"& ;'?1@'3&0(&"(0,(;*'*('&#(&%&):'&7+#1*&()*(&,+)#.-%*&0(&%0(('&,+F@1"+,%%8&N4"01,%&".%&!"*+,()#&;(&#(-(&
0%"*4%3& ;4"+&#4"0& %0(('& 1,%%&2%&'& ,+71%(-%%3&-1#,4"0&5(,(1&')1;,'&5("*'-1-1%&)+13 &!-&0(*(,5%"+&)+&
')(5("(' & .53 & "15%* &81#%5/ &/(0( & #1 & .#$%% & 5%"6%% & )'-( & ("*%*+6%-( & );%,%*1'-( & 0%" & =1,1- & )+18 &I2'0',3& (L(#1*(&7';*'&,+F@1"+,%%3&#(&!%&!"#.-6%)(&!"&5%"*(8&I)*7(-3&!"*,:1"'&0%"&F%-(3&-./(2*(3&,+"%"0&?,'/3&)'1&
7'#1-*'*('&0(&'&7%&-1#%0&',(&-'&@'F+&0(F/.-*',('&#.,;1-1%&5("*'-3&#',(&,(0+&;(,7(#*&%5'?%"%-(&-15%%& 1#%?4"0&;(&#(-&#',(&<:'&"(0,(;*+6%*8&J(7(,%#%*1-&#,(0(&#+&2%:'&7+#1*&0,(;*'*(3&1%*4"0&#+&"1&',(&0,(;*1-&
7%F%#(&!"#."=1,+*.',(&2%&'-(&#(-(%&);'6%'-(8&K(&!"6(-(?(&#+&1"&')(5("('&0',&"1&()*(&.;(,'&1"(%&/%(6%3&#%& )+&=10(#(&7';*(-(&.51-1%&;(0(;)%*(&)'1&"(;(0(;)%*(&0(&-(?%-(&.5("(2*%8
,(F1-*'*1-&'&"15(,.')(&,(!"*,1;+,%&2%&'&)*+,1%"6(%3&0%"&#(&!"&#(&5'%&5',%&'&01$1-1%8 T"&.5&#.")%0(,+&#+&).',*'3&)'1&C%/%"%*'*('&<:'&"+;+)*1%*&2%&%:'&0'*&"(".,.#%,%3&;%(,0(,%&5'*(,%'-(3&
, $ $ $ @.-%&)'1&)17(,%"6(&5.,'-(&;(&#',(&%&)(&;',(&#+&"1&-(&5'%&;.'*(&)1;.,*'8&!"*,:.&F%3&,+)',(&!"&5%"*('&)'&
%0(('&#+&;%(,%"0&0(&;(&',("'&/%(6%%3&/'&)#+;'&0(&"(".,.#%,%-(&#(&%&):'1&'@+*1*&;(&#';8&K(&0(#%0(&)+&)(&
c+54"(&@%"(&)*'@%-%*&#+&'*1"#%&#4"0&1"&.5&?4"0(2*(3&(5%*(&2%,1,%&"()74,2%*(&0(&7.,5(:%0(%3&#',(& )%"1#%0+3&0',&!"#+&"1&',(&#1,'=8&W%-(-(&1,5+*.',(3&?4"01,%-(&"(?,(&!%&,+)',&%',&!"&5%"*(3&2%&0%"&'"'-%F'&
;+,+)%"0&7%%"6'&15'"+&)(&;,.;'?+&;,%"&);'6%18&G'&%(2%,('&0%"&#.,;1-&01$1-1%3&%0(%-(&;("(*,('F+&5'*(,%'& -., & '=1"?( & -' & '#(('2% & ).-16%( & : & "15'% & 5.',*(' & -( & ;.'*( & ;1"( & #';+*8 &IF% & '2'3 & 54%"( & '2'3 & %0(('&
(*(,%#+3&'7-'*+&;()*(&*.*&!"&1"%/(,)8&C%"&'#(')*+&#'1F+&5'*(,%'&(*(,%#+&#(&15;-(&1"%/(,)1-&%"*,+&!"& )%"1#%0(,%%&)(&!",+0+#%"('F+&0%"&#(&!"&#(&5'%&*',(&!"&5%"*('&-1%3&2%&!"*,:.&F%3&1"&?-."6&'&)7+,45'*&.&
/%@,'6%(&."01-'*.,%(3&)1@&7.,5'&1".,&)7(,(&#."#("*,%#(8&U'*(,%'&7-1%0%#+&'&);'6%%-.,&"()74,2%*(&()*(& (L%)*("6+&15'"+8&S&.&0(F(,*',(&!"&7'6'&/%(6%%&*(,()*,(3&;("*,1&'&)#+;'&0(&01,(,(&:&#,(0(&(-&:&0',&/'%&-1%M&
')(5+"+*.',(&';(%&1"1%&%5(")&.#('"8&9,%"&1,5',(&1"0(-(&7-1%0%#(&5("*'-(&;.*&7%&#.5;','*(&#1&1"0(-(& #+#%3&;("*,1&'#*1-&)+1&"().#.*%*3&/'&)17(,%&2%&5'%&'*,.#(&!"&-15('&01$1,%-.,8
#,('*(&0(&.&;%'*,+&',1"#'*+&!"&';+3&1"0(&#',(&;(&5+)1,+&#(&)(&!"0(;+,*('F+&0(&-.#1-&#."*'#*1-1%&0%"*,(& R'*+&0(&#(&)(&%5;1"(&)+&(L'5%"+5&0%"&*%5;&!"&*%5;3&#(&7(-&0(&%0(%&'-(',?+&;,%"&5%"*('&".')*,+3&2%&
;%'*,+&2%&';+3&;%(,0&*.*&5'%&51-*&0%"&'5;-%*10%"('&.)#%-'6%%-.,8&o(".5("1-&;,.;'?+,%%&7.,5(-.,:%0(%&)(& 0(&!"0'*+&#(&#.")*'*+5&#+&(-(&)1"*&0(&.&#'-%*'*(&%"7(,%.',+&)'1&=.)"%#+3&)+&*,(#(5&-'&'-*(&%0(%3&'0%#+&)+&
')('5+"+&2%&5'%&51-*&#1&/%@,'6%%-(&;,.01)(&0(&-%5@'&#(&-./(2*(&#-.;.*1-&1"(%&@%)(,%#%3&/%@,'6%%&#',(& #+1*+5&)+&-(&?."%5&0%"&5("*'-1-&".)*,13&;("*,1&'&"1&"(&5'%&%"7-1("6'8
;1"&!"&5%2#',(&'(,1-&#(&)(&5%2#+&)1@&7.,5'&1".,&1"0(&)7(,%#(&#."#("*,%#(8 C',&()*(&;.)%@%-&#'&?4"01-&".)*,1&)+&7%(&0()*%"'*&;("*,1&.&'"15%*+&;(,).'"+8&!"&'#()*&#'F3&'#(')*+&
G'&7(-&)(&;(*,(#(&2%&#1&?4"0%,('&".')*,+8&S'&=.'#+&,.-1-&#-.;.*1-1%3&#',(3&/%@,4"03&;1"(&!"&/%@,'6%(& 7.,5+:?4"0&)(&!"0,(';*+3&;,%"&);'6%13&')(5("('&1"1%&?-."63&;4"+&-'&;(,).'"'&,();(#*%/+3&2%&0'#+&.&/'&
5'*(,%'&)1@*%-+&5("*'-+3&,%)%;%*+&!"&1"%/(,)1-&".)*,18&I#()*(&1"0(&'-(&5'*(,%(%&5("*'-(&!"*4-"()#&5%%&2%& ?+)%&-%@(,+3&)(&/'&%"*,.01#(&!"&#.,;1-&?4"01,%-.,&(%&2%&0(&'#.-.&/'&-1#,'&')1;,'&);%,%*1-1%3&;,.01#4"0&
5%-%.'"(&0(&'-*(&1"0(3&*,(#4"0&1"(-(&;,%"&'-*(-(&7+,+&)+:2%&;(,*1,@(&/%@,'6%%-(&2%&7+,+&)+:2%&0(/%(F(& '"15%*( & (7(#*(3 & 01;+ & "'*1,' & 2% & 0()*%"'6%' & 7.,5(%:?4"08 & C'#+ & ;(,).'"' & 0()*%"'*',+ & ()*( & .#1;'*+3&
)(")1- & 5%2#+,%%8 & o(".5("1- & )( & ')('5+"+ & #1 & 7(".5("1- &7%F%# &"15%* &%"*(,7(,("6+3 &#4"0 & 1"0(-( & 0(& 7.,5':?4"0&/'&)*'&!"&;,('=5'&(%&;4"+&!"&5.5("*1-&#4"03&0(/("%"0&-%@(,+3&)(&)*,(#.',+&!"&%"*(,%.,&2%&.&
-15%"+&*,(#&1"(-(&;,%"&'-*(-(&7+,+&)+&)(&0(7.,5(F(8 %"7-1("6('F+8
K(&!"6(-(?(&#+&;1*(,('&0(&;,.;'?',(&'&1"0(-.,&5("*'-(&()*(&0%,(#*&;,.;.,6%."'-+&#1&;1*(,('&;,%"& K+&(L(5;-%7%#+5&2%&'#()*&7(".5("8
#',(&%0(%-(&'1&;("(*,'*&'#(')*+&5'*(,%(&2%&'1&;1):.&!"&5%2#',(Q&-'&,4"01-&-.,3&%0(%-(&/.,&'/('&.&/%@,'6%(3& a&5'5+&'7-+&;,%"*,:.&)#,%).',(&#+&7%1-&(%&()*(&@.-"'/8&I#(')*+&5'5+&!2%&%1@(2*(&#.;%-1-&#'&;(&
.&7.,6+3&#1&'*4*&5'%&5',(3&#1&#4*&(-(&';',6%"&1"(%&?'5(&5'%&!"'-*(&0%"&)(,%'&"()74,2%*+&0(&%0(%&#,('*( .#$%%&0%"&#';3&2%&!"'%"*(&0(&#1-#',(&!"'-6+&.&,1?+&7%(,@%"*(&H(-1%&I*.*;1*(,"%#3&#'&)+:%&*,%5%*+&)+"+*'*(&
0(&01$8 7%1-1%&(%8&N4"01-&0(&%1@%,(3&,1?+#%1"('&'1&0'*&"'2*(,(&-'&'"15%*(&7.,5(:%0(%3&#',(&):'1&!"0,(;*'*&#'&
71-?(,1-&#+*,(&7%1-&(%&2%&/.,&,(/+,)'&!"&.,?'"%)51-&-1%&*.'*+&("(,?%'&);%,%*1'-+&'&5'*(,%(%&#(&#.5;1"(&
I"15%*(&!5;,(=1,+,%&:&#'&0(&(L(5;-1&';,.;%(,('&0(&)%)*(51-&".)*,1&'&1"(%&#.5(*(3&)*+,%-(&0(& '#()*(&%0(%&0(&%1@%,(3&'-(&0.,%"6(%&0(&!")+"+*.2%,(8&K1@&%5;1-)1-&'#()*(%&5'*(,%%&2%&'&,'F(%&0();,%")(&
.;.F%6%(&)'1&#."=1"#6%(&'-(&1".,&;-'"(*(3&(7-1/%%-(&5'?"(*%#(&5'%&5',%&.,%&5'%&)-'@(&'-(&)*(-(-.,&(*#8&:& 0%"&5',(-(&#1,("*&#.)5%#&#(&#1*,(%(,+&-15%-(&).-',(&2%&;-'"(*',(3&7%1-&(%&)(&/'&/%"0(#'8&J1&()*(&.&
;,.01#&'?%*'6%%&!"&.#('"1-&7-1%0%#&'-&1"%/(,)1-1%8&!"&'#()*&#'F3&;,.;'?',('&1"0(-.,&#(&/.,&;1,*'&%0(%-(& 5%"1"(3&#%&;1,&2%&)%5;-1&1"&'#*&0(&#$%5%(&);%,%*1'-+3&0(&/%"0(#',(&#(,(')#+8
(5%)(&0(&01$&/'&7%3&.',(#153&;','-%F'*+8 H%"(/'&5%:'&7+#1*&1"&5',(&,+18&I5&)17(,%*&?,(1&0(&;(&1,5'&-1%3&2%&*.*12%3&'5%"*%"01:5%&0(&
!"&H(,&*.*1-&)(&;(*,(#(&')(5+"+*.,&#'&2%&;(&;+54"*8&I#(-('2%&-(?%&0.5"()#&!"&*.'*(&-15%-(3&0(& ;,(#(;*1-&G15%"%%3&"15%*&R)1)&H$,%)*.)3&-:'5&%(,*'*8&N4"01-&0(&%(,*',(&):'&01)&#'&.&)+?('*+3&0%,(#*&-'&
*.'*(&?,'0(-(3&@%"(!"6(-()&'0';*'*(&5(0%1-1%&,();(#*%/8 (-3 & 0', & 0%" &#'1F' & 7%,%%3 & ' & "'*1,%% & )'-( & ,+1*+#%.')(3 & 5%"*(' & 7%%"01:% & 5(,(1 & !"*,:. & 71,*1"+3 & ,();%"?(&
!"&F%-(-(&#4"0&5'?"(*%)51-&#.)5%#3&).-',&)'1&;-'"(*',&()*(&5'%&5',(3&'("%-&(&'?%*'*&2%&)1"(*1-& 7.,5(-(:%0(%&0(&%(,*',(8&t-(&,(/%"&-'&'1*.,1-&-.,3&0',&!"&0,151-&-.,&0(&!"*.',#(,(&:&;(&7%,1-&5'?"(*%#&;(&
#',( & '1 & 7.)* & (5%)( & : & '*,'? & 0%" & );'6%1 & 7-1%0( & 5("*'-( & 0( & '#(-'2% & ?,'0 & )1;(,%.,3 & '#.;(,%"0 & #1&
#-.;.*1-1%&0(&-'&@%)(,%#+&5.',(&-'&.&5%#+&0%)*'"6'&0(&(-8&C'#'&'(,1-&(&-%"%2*%*3&/%@,'6%%-(&#-.;.*1-1%&)(& @%"(#1/4"*',(&(5%6+*.,1-8&I#()*&.5&%(,*+*.,&'&,1;*&.,%#(&-(?+*1,+&]',5%#+<& #1&'#(-&);%,%*&%"7(,%.,3&
;,.;'?+&!"&0(;+,*',(3&7%%"0&'1F%*(&;4"+&!"&)'*(-(&/(#%"(8 ;("*,1&#+&<:'&%(,*'*3&%',&;("*,1&?()*1-&)+1&)1@-%5&'&7.)*&1,#'*&;(&.&*,(';*+&);%,%*1'-+&)1;(,%.',+8
I#(-'2%&7(".5("&)(&;(*,(#(&2%&#1&;,.;'?',('&%0(%-.,&".')*,(&;,%"&);'6%18&H4"0&'*5.)7(,'&5("*'-+& T"&.5&;.',*+&.&1,+&0(&5.',*(&#1%/'8&I&'1F%*&0(&;1*(,('&?4"01-1%3&2%&#'&'*',(&!-&@-()*(5+8&C',&
()*(&#'-5+3&?4"0%,('&".')*,+&(&;1,*'*+&;(&1"0(-(&5'*(,%(%&5("*'-(3&;4"+&-'&-.#1-&0()*%"'*3&%5;,()%."4"0& ;("*,1&#'&.;(,'&)+&7%(&0(;-%"+3&#(,(&#."#1,)1-&1".,&;(,).'"(&#',(&;,'#*%#+&5'?%'&"('?,+8&o.,5':?4"0&
0()*%"'*',1- & ?4"01-1% & ".)*,18 & W%1'3 & 0%" & #'1F' & #+-01,%% & ).-',(3 & '(,1- & /%@,('F+8 & C'*.,%*+ & #1,("6%-.,& '&'#()*1%&.5&2%&'&)-1=%*.,%-.,&)+%&)(&!"0,(';*+&#+*,(&;(,).'"'&%"0%#'*+8&C',&0'#+&'#(')*+&7%%"6+&()*(&1"&
7-1%0%#%&)( &;,.01#&'?%*'6%%& !"&'*5.)7(,'&5'*(,%(%&5("*'-(3& 5.*%/&;("*,1&#',(&?4"0%,('&".')*,+& "1& )17-(*&@1"3&;%.)&2%&0,(;*3&7-1%0(-(&)'-(3&'/4"0&.&/%@,'6%(&#1&.&7,(#/("6+&7.',*(&!"'-*+3&,();%"?&'#()*(&
)*,+@'*(&;,%"&.#('"1-&7-1%0%#&0(#4*&7.',*(&?,(1&2%&-'&.&0%)*'"6+&';,.;%'*+8&J.';*('3&#4"0&'(,1-&()*(&5'%& %"%'?%"%:%0(%&*,%5%)(8&S-(&)(&!"*.,#&;(&0,151-&;(&#',(&'1&/("%*3&0',3&!"&*,'%(#*.,%'&-.,&;,%"&);'6%13&'*,'?&
-%"%2*%*&2%&5'*(,%'&?4"01,%-.,&(&5'%&#'-5+3&,1?'&".')*,+3&)1?()*%'&".')*,+3&;.'*(&)*,+@'*(&;,%"&.#('"1-& 1"&/'-&0(&7-1%0(&0(&'#(('2%&#'-%*'*(&%"7(,%.',+3&#.;-(2%"01:<&;(&'1*.,1-&-.,8&I)*7(-&)(&'0(/(,(2*(&F%#'-'A&
7-1%0%# & -' & 0%)*'"6( & 0( & F(#% & 0( & .,% & 5'% & 5',% & 0(#4* & !" & *%5;1- & F%-(%8 & R'*+ & 0( & #( & )( & ,(#.5'"0+ & #'& BH(-&#',(&;,(?+*(2*(&?,.';'&'-*1%'3&#'0(&(-&!"&('ME
,1?+#%1"('&)+&.&!"+-6+5&-'&5%(F1-&".;6%%8&S'&/'&)*,+@'*(&);'6%%-(&;4"+&-'&K.',(-(&".)*,13&0(&1"0(& I2'0',3&-1'6%&)('5+&-'&#(&?4"0%6%3&2%&'5%"*%6%:/+&5(,(1&#+&;1*(6%&7'#(&1"&5',(&@%"(&;,%"&?4"01,%-(&
'"15%*( & 01$1,%3 &!"?(,%:).-',%3 & '1& 0'*.,%' &)+ & . & *,'")5%*+ &5'% &0(;',*(3 &;,%" & *.* &1"%/(,)1-3 & ;4"+ & -'& /.')*,(3&0',&2%&1"&5',(&,+18&o%6%&'*("6%&)+&"1&?,(2%6%&;,%"&?4"01,%3&#+#%&.,%#(&?4"0&#(&',(&-'&@'F+&
#("*,1-&K7(,(%&0%/%"(3&)(0%1-&P'*+-1%&#,('*.,8 ,+1*'*('&2%&%"/%0%'3&!2%&/'&;,.01#(&(7(#*1-&5'*(5'*%#8&C',&/'%&6%(3&?4"0%*.,1-(M&H+#%&'5',"%#&/(%&;-+*%&
H4"0 & 1" & .5 & '"'-%F('F+ & #(/'3 & 7'#( & . & ,(7-(L%(3 & 5(0%*('F+ & ')1;,' & 1"(% & ;,.@-(5( & .',(#',(3 & (-& '#(')*+&'#6%1"(&"(/+F1*+3&0',&#1&(7(#*(&/%F%@%-(&2%&;'-;'@%-(8
#,(('F+&%0(%8&S-(&"('/4"0&"%#%&.&0()*%"'6%(3&%(2%"0&0%"&#.,;1-&(*(,%#&'-&.51-1%3&/.,&,+54"(&!"&=1,1-&
)+13&7.,54"0&.&'*5.)7(,+&0(&?4"01,%&!"&=1,1-&#';1-1%8&H4*&*%5;&'#()*&"+)#.#%*.,&0(&%0(%&/'&7%&'#*%/3&
;,(.#1;'*&0(&0%7(,%*(&;,.@-(5(&'-(&/%(6%%3&'#()*(&%0(%&"1&/.,&'/('&"%#%&1"&,.-3&"1&;.*&;,.01#(&"%#%&1"& <
(7(#*8&!")+&0(&!"0'*+&#(&#,('*.,1-&-.,&/'&7%&-%"%2*%*3&#1&5%"*('&-%@(,+3&'#()*(&%0(%3&;,%"&/%@,'6%'&-.,3&/.,& &t',5'&`)'")#,8&:&'#6%1"(b&:&G(?('&#'1F'-%*+6%%&1"%/(,)'-(3&#',(&-('?+&*.'*(&'#6%1"%-(&0(&(7(#*1-&-.,3&'#()*(&(7(#*(&0(/("%"0&#'1F(-( &
1".,&".%&'#6%1"%8&!"&/%,*1*('&-(?%%&#'1F(%&2%&'&(7(#*1-1%3&.51-&)(&"'2*(&)1@&.&7'*'-%*'*(&#',(&/'&'#6%."'&')1;,'&)'&2%&'&/%(6%%& )'Z(m&#."7.,5&
;1"(&!"&/%@,'6%(&5'*(,%'&)'&5("*'-+3&?("(,4"0&%0(%&)%5%-',(3&#1&'#(-('2%&7.,5(3&51F%#+&2%&#1-.,%3&#',(& 0(*(,5%"+,%-.,&0%"&(L%)*("6(-(&)'-(&'"*(,%.',(8&9,%"&1,5',(3&]',5'&0()(5"('F+&1"&?,1;&0(&'7%"%*+6%&@("(7%#(&)'1&w'-(7%#(3&?("(,'*(&0(&
(5%)(&!"&'7','&-.,3&-(&/.,&!"*+,%&;(&#(-(&;,((L%)*("*(8&I#15&7.,6'&-.,&'&0(/("%*&01@-+8&H1&.&'-*'&.#'F%(3& (?.:1-&15'"3&;(&;',#1,)1-&1".,&/%(6%&*(,()*,(8&t',5'&;.'*(&7%&%"0%/%01'-+&)'1&#.-(#*%/+3&5'"%7()*4"01:)(&;(&9Z'"&7%F%#3&5("*'-&2%&
)("*%5("*'-8
%0(%-(& /., &-1#,'&0%"&".1&')1;,'&5("*'-1-1%&'#()*1%&.53&2%& ?4"01-& )+1&/'& 7%&;,(.#1;'*&5(,(1&0(&
'#(-('2%&%0(%3&@1"(&)'1&,(-(3&;4"+&!"*,:.&F%3&#4"0&!-&/.,&0(#%0(&-'&.&'#6%1"(&#.,();1"F+*.',(&'#(-(%&
?4"0%,%&)'1&)(,%%&0(&%0(%8

-
X\ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&C,%7'&#',*( ?2,418&)28',&3%&#2,418&7("*'8&'8&27181% XT

I5%"*%6%:/+&5(,(1&#+&#('&5'%&5',(&7.,6+&0%"&-15(&()*(&%0(('&)'1&?4"01-8&H1&?4"01-&'&#,('*& I5&/+F1*&#15&;,%"&;1*(,('&?4"01-1%3&'&,1?+#%1"%%3&)(&;.'*(&/%"0(#'&1"&@.-"'/8&!"&0%7(,%*(&#("*,(&
0%/%"1-&P'*+&*.*&#(&/(0(5&2%e"1&/(0(58&C',&%0(('&#('&5'%&)1@-%5+&()*(&,1?+#%1"('8&!"&@1#1,%(3& ;',';)%$.-.?%#(&0(&;(&?-.@&2(e&,(#1,?(&-'&/%"0(#',('&)'1&(-%@(,',('&0(&/%#%%&;(&#'-('&5'?"(*%)51-1%3&
51-615%6%&;,%"&,1?+&P'*+-1%8&!"&"(".,.#%,(3&!"+-6'6%:/+&?4"01-&-'&H(-&#',(&#."01#(&2%&6%"(&!"&54"+&*.*& 0',&*.*&;,%"&%"*(,5(0%1-&%0(%%Z8&!"&'#()*&)#.;3&@.-"'/1-&()*(&'0.,5%*3&$%;".*%F'*&0(&#+*,(&1"&5'?"(*%F.,8&
1"%/(,)1-8&R0(%-(&,1?+#%1"%%&)(&!"'-6+&);,(&H("*,1-&0%/%"&2%&0(&'#.-.&#.@.',+&.&,'F+&)*,+-1#%*.',(3&#',(& C1;+&#(&'&7.)*&#.5;-(*&'0.,5%*3&%&)(&);1"(A&BI%&7.)*&@.-"'/3&0',&0(&'#15&@.'-'&/'&*,(#(3&54%"(&/(%&7%&
*( & )#'-0+ & 04"01:6% & )+"+*'*( & !" & @.'-+3 & '=1*., & !" & ;,%5(=0%(3 & 54"?4%(,( & !" & 01,(,(3 & -%"%2*( & 2% & ;'#(& 5'%&@%"(3&;.%54%"(&5'%&121,'*3&%',&;()*(&*,(%&F%-(&/(%&7%&#.5;-(*&/%"0(#'*8E&C'#+&(&/.,@'&0(&1"&/%#%13&
)17-(*1-1%&*+1&F@1#%15'*8 %&)(&)1?(,('F+&)+&"1&5'%&@('3&)+&"1&5'%&715(F(3&)+&"1&5'%&71,(&(*#8&C(&#(-(&5'%&51-*(&.,%3&0'#+&":'1&
%"*(,/("%*&'-*(&!5;,(=1,+,%3&'#(')*+&5(*.0+&'&0'*&,(F1-*'*(&7,15.')(8
$ $ $
# # #

>*%%"6'3&2%&!"&);(#%'-&',5'*'3&)1"*&;,(.#1;'*(3&0(&#46%/'&'"%3&0(&;,.@-(5'&*,'")5%*(,%%&?4"01-1%8&
N,'6%(&"("15+,'*(-.,&(L;(,%("6(&7+#1*(3&7(".5("1-&)1?()*%(%&'&%"*,'*3&!"&7%"(3&!"&*(5;-1-&1"0(&.7%#%'F+& H'&.,%#(&!"&-15(3&.@%2"1%"6'3&@1"'&(01#',(&01#&-'&;(,7(#6%1"(8&I)*7(-&2%&#.,;1-&5("*'-&*,(@1%(&
)'/'"6%%&;+54"*1-1%8 )%-%*&)+&-1#,(F(&.,0."'*3&'*("*&2%&5(*.0%#8&K1"*(5&#$(5'6%&)+&7'#(5&*.*&;.)%@%-1-&#'&5'*(,%'&5("*'-+&
a'5("%%&;+54"*1-1%&)(&!"6(-(?&!"*,(&(%&;,%"&?,'%3&0',&7%%"0&-'&0%)*'"6(&5',%&!"*,(&(%3&)(&;.*&!"6(-(?(& )+&0(/%"+&0%"&#(&!"&#(&5'%&7%"+8&!"&'#()*&)#.;3&/.5&$,+"%&#.,;1-&5("*'-&#1&%0(%-(&1".,&#."7(,%"6(&
2%&"15'%&;,%"&;1*(,('&*,'")5%*(,%%&?4"01-1%&:&*(-(;'*%(8 5.,'-(3&2*%%"6%7%#(&2%&7%-.).7%#(8&[.5&#%*%&-1#,+,%-(&0(&)('5+&'-(&5',%-.,&?4"0%*.,%&'%&.5("%,%%8
P(-(?,'7%' & 5("*'-+ & ()*( & ;.)%@%-+ & ;("*,1 & .,%#%"(3 & "15'% & #+ & )( & #(,( & . & ;,(?+*%,( & ;,('-'@%-+3 & 1"& C',&5'%&;,()1)&0(&*.'*(3&#(('&#(&#."*,%@1%(&#(-&5'%&51-*&-'&7'@,%#',('&2%&)1@*%-%F',('&5'*(,%(%&
(L(,#%6%1&;,(-1"?%*8&G%*(,'*1,'&;',';)%$.-.?%#+&#%*('F+&0%7(,%*(&(L(,#%6%%8&R'*+3&;(&)#1,*3&1"&(L(,#%6%1& 5("*'-(3&()*(&;,.;,%'&".')*,+&?4"0%,(3&,(7-(#*',('&-'&#(('&#(&'5&7+#1*&2%&1,5+,%-(&(%3&,(7-(#*',('&-'&
#',(&*,(F(2*(&7'#1-*'*('&*,'")5%*(,%%&?4"01-1%8 #(('&#(&/'&*,(@1%&)+&7'#(5&2%&'"'-%F',('&)1@&*.'*(&');(#*(-(&'&(7(#*(-.,&#(&/.,&1,5'8&C(&-'&'#*(-(&2%&
C.1+&;(,).'"(&0.,"%#(&)+&0.@4"0(')#+&'#()*&0',&)(&!"*4-"()#&!"*,:.&#'5(,+&!"&7%(#',(&F%&2%&-'& /.,@(-(&".')*,(3&/.5&*,(#(&-'&/.,@(-(&2%&7';*(-(&#(-.,&#1&#',(&'5&/("%*&!"&#."*'#*8&H',(&(&0(0()1@*1-&
'#(('2%&.,+8&C1;+&#(&)(&'2('F+&7%(#',(&;(&#4*(&1"&)#'1"3&);'*(&!"&);'*(3&)(&)*'@%-(2*(&#'&1"1-&)+&7%(& /.,@(-.,&2%&7';*(-.,3&0(&#(&'1&;,.#(0'*&'2'&2%&"1&'-*7(-3&#(&'1&/,1*&(%&)+&F%#+&(*#8&C(.)(@%*&0(&51-*&)(&
*,'")5%6+*.,3&%',&#(-+-'-*&,(#(;*.,3&,.-1,%&)#$%5@'*(&#1&/,(5('3&;("*,1&#'&"1&#15/'&1"1-&)+&0(/%"+& 0(F/.-*+&;1*(,('&?4"0%,%%&".')*,(3&#4"0&(L'5%"+5&"'*1,'&2%&.,0%"('&0%"&('8
;,('&'#*%/&%',&#(-+-'-*&;,('&;')%/8&I54"0.%&)(&$.*+,+)#&)+&7'#+&?.-&!"&5%"*('&-.,3&;("*,1&#4*(/'&5%"1*(8& N4"0%"0&5(,(1&-'&;,.@-(5(&'@)*,'#*(33&7%-.).7%#(3&"(&/.5&.@%2"1%&!"*,:.&')(5("('&5+)1,+&#1&
I;.%3 & *,'")5%6+*.,1- & ?4"0(2*(3 & ,(;(*4"0 & !" & 5%"*(' & )' & . & %0(( & )%5;-+3 & 0( & (L(5;-1 & ' & 1"(% & 7%?1,%& '#()*&?,'0&!"'-*&0(&?4"0%,(3&!"#4*&%0(%-(&@'"'-(&)'1&=.)"%#(&"(&/.,&;,./.#'&"(;-+#(,(8&a&#."/(,)'6%(&
?(.5(*,%#(&)'1&'&1"1%&.@%(#*&0%"&#'5(,+8&K(&#."#("*,('F+&;1*(,"%#&')1;,'&'#()*(%&%0(%3&;("*,1&'&.& *,%/%'-+&"(&/'&0(*(,5%"'&)+&;-(#+5&0%"&'#(-&5(0%18&a@%2"1%*&#1&'0(/+,1-3&5("*'-1-&".)*,1&"1&5'%&(&
*,%5%*(&;',*("(,1-1%&)+18&!"&;,%5(-(&F%-(&)(&/'&#.")*'*'&#+&0%"&F(#(&%0(%3&0.1+&)1"*&,(#(;6%."'*(&2%&.;*& #';'@%-&)+&(5%*+&5%"#%1"'8&H'"*%*'*('&0(&#1".2*%"6(&'#151-'*(&"(&7'#(&5'%&!"6(-(;*3&'2'&#+&F45@%5&0(&
"18&!"&F%-(-(&1,5+*.',(3&#%"#%&0%"&F(#(&)1"*&;,%5%*(3&%',&01;+&#4*(/'&)+;*+54"%3&.;*8&H4"0&;,.?,()1-&'& 5%-+&#4"0&;,%5%5&(L;-%#'6%%&2%&',?15("*+,%&#',(&0(".*+&.&0()+/4,2%*+&%?".,'"6+&'&"'*1,%%&.5("(2*%&2%&
'=1") & ';,.';( & )1*+ & -' & )1*+3 & )( & *,(#( & -' & (L;,%5',(' & 1"(% & ;,.;.F%6%% & #4* & 5'% & )%5;-(8 & C1;+ & #4*(/'& '&-(?%-.,&"'*1,%%8&K;%,%*1-&)(&/'&')#16%&!"*,:.&')(5("('&5+)1,+3&!"#4*&;,%"&%"01#6%(&)'1&;,%"&0(01#6%(3&
)+;*+54"%3 & #4"0 & ()*( & !")12%*+ & '#(')*+ & 7.,5+ & )%5;-+ & 0( & #.51"%#',(3 & )( & *,(#( & -' & *,'")5%*(,(' & 0(& !"*,(/(0(53)'1&0()#.;(,%5&'0(/+,1-&!"&*.'*(&)%*1'6%%-(&2%&!5;,(=1,+,%-(&#(-(&5'%&#.5;-(L(8
').#%(,%&0(&;,.;.F%6%%3&'0%#+&'&1"(%&7,'F(&)%5;-(8&9(&'#()*&0,15&)(&;+2(2*(&#1&,+@0',(&2%&#1&.&/.%"6+& H.,;1-&5("*'-&()*(&.&5')+&0(&7%%"6(&1-*,'5%#,.)#.;%#(&/%%&2%&!"&/(2"%#+&'#*%/%*'*(8&H'&1,5',(3&
0(&7%(,3&-1"%&0(&F%-(3&0',&*,10'&"1&/'&7%&F'0',"%#+8&c(12%*'&)(&/'&/(0('&).)%"0&#1,4"03&!"0(5"4"0&-'& 5("*'-1-&.51-1%&()*(&/(2"%#&!"&'#*%/%*'*(3&?4"0(2*(&5(,(13&)(#1"0+&0(&)(#1"0+8&C1$1-&?4"0(2*(&!"&
#."*%"1',('&(L(,#%6%1-1%8&H4"0&):'&'=1")&-'&,(#(;6%."',('&;,%5(-.,&7,'F(3&;',*("(,%%&)(&/.,&)(;','&!"& /(2"%#%(3&"(;1*4"0&)*'&!"&,(;'1)3&*,(@1%(&0(#%&)+:%&.7(,%5&%0(%3&;(&#',(&)+&-(&7,+54"*(3&)+&-(&'"'-%F(F(3&
!"#+;(,%&0%7(,%*(3&'7-'*(&!"&'#(-'2%&%5.@%-8&C1;+&#(&,(12%*'&'&!"#(;1*&)+&7%(&#42*%?'*+&2%&!"&'#()*&7(-3& )+ & *,'?+ & 0%" & (-( & #."#-1F%%Q & ;( & )#1,*3 & )+:2% & 7'#+ & (01#'6%'3 & #',( & !- & /' & !"+-6' & #4"0/' & -' & ,'"?1- & 0(&
7%(#',(&0%"&#(%&0.%&)(&!"',5('F+&#1&#4*(&1"&#,(%."&2%&1"&#'%(*3&;(&#',(&".*('F+&#(-( &#.51"%#'*(&2%& C%/%"%*'*(8
;,%5%*(8&I0%#+&*,'")5%6+*.,1-&7.,51-('F+&!"&#'%(*&#(('&#(&?4"0(2*(3&%',&,(#(;*.,1-&)#,%(&!"&#'%(*1-&)+1& C'#+&!-&-+)+5&7+,+&%0(%3&7+,+&'#(')*+&$,'"+&);%,%*1'-+3&01$1-&0(/%"(&7-.*'"*&2%&()*(&')'-*'*&0(&
%0(%-(&#(&;',&)+&)(&7%&"+)#1*&!"&5%"*('&)'8&C1;+&(L;(,%("6+&)(&#.5;',+&#'%(*(-(&!"*,(&(-(3&#.")*'*4"01: /'-1,%-(&0(&?4"01,%&0(&*.'*(&#'-%*+6%-(3&#',(&;-1*()#&;,%"&);'6%18&I)*7(-&)(&(L;-%#+&#%10+6("%'&%0(%-.,&#(&
)(& (L'#*%*'*('& )'1&(,.',('& #1&#',(& '1&7.)*&,(#(;6%."'*(&?4"01,%-(8&9,%" &(L(,#%6%%&#."*%"1(3& ,(12%*'& "(&*,(#&;,%"&5%"*(3&5%,4"01:"(&0(&1"0(&'5&;.,"%*&#1&?4"01-&2%&1"0(&'5&'=1")8&J1&(&0(&5%,',(&)+&
!"0('5"+&;',*("(,%%&)+&)(&!"0(;+,*(F(3&1"1-&7%%"0&!"*,:.&;',*(&'&.,'21-1%&%',&#(-+-'-*&!"&'-*+&;',*(3&2%&-'& #.")*'*+5 & #+ & "( & ?4"0%5 & -' & -1#,1,%3 & 7%%"6( & 2% & 7';*( & 0( & #',( & "( & ,12%"+58 &I2'0',3 & ".% & *,(@1%( & )+&
.,'&#."/("%*+3&1"1-&*,'")5%*(&2%&'-*1-&;,%5(2*(3&01;+&#',(&!2%&#."*,.-('F+&#'%(*(-(8&T,54"0&')*7(-&:&#1& ;,./.#+5&%0(%-(3&);%,%*1-&*,(@1%(&)+&7%(&?("(,'*.,1-&-.,3&;("*,1&'&"1&"(&-+)'&%"7-1("6'6%&2%&*4,46%&0(&
,+@0',(&2%&#.")(#/("6+&:&)(&;.'*(&'=1"?(&-'&*,'")5%*(,('&1".,&7,'F(&#.5;-(L(3&,(#(;6%."'*(&2%&#%*%*(&#'& /'-1,%&0(&%0(%&).)%*(&0%"&'7',+3&);,(&?4"01,%&#."*,',(&"'*1,%%&2%&(01#'6%(%&".')*,(8
!"*,:.&#',*(8 C1;+&#15&;,%"&(L(,#%6%%&7%F%#(&)%)*(5'*%#(&0(F/.-*+5&*,1;1-&".)*,13&*.*&')*7(-&*,(@1%(&)+&0(F/.-*+5&
P(-(?,'7%'&5("*'-+&()*(&;,'#*%#'*+&0(&.'5("%%&;,%5%*%/%8&P,1;(-(&7,'"#(F(&0%"&K("(?'-3&)'1&#(-(& 2%&%")*,15("*1-&?4"0%,%%8&C(.)(@%*&0(&%5;.,*'"*&()*(&#'&'*1"#%&#4"0&#%*%5&)'1&')#1-*+5&#(/'3&)+&7%5&
("?-(F(&0%"&J%?(,%'3&'1&'/1*&.#'F%'&)+&#.")*'*(&#+&5%2#+,%-(&-.,&(,'1&#1".)#1*(&#1&F%-(&!"'%"*(&0(& '*("6%3&'0%#+&)+&7'#(5&'@)*,'#6%(&0(&*.*&#(&(L%)*+&!"&=1,1-&".)*,13&)+&7'#(5&)+&*'#+&!")+2%&?4"0%,('&
#+*,(&*,%@1,%-(&'7-'*(&-'&5',%&0%)*'"6(3&7+,+&(L%)*("6'&*(-(?,'71-1%&2%&'&;.2*(%8 ".')*,+&2%&)+&"(&#."#("*,+5&*.'*+&'*("6%'&);%,%*1-1%&')1;,'&#+,6%%&#%*%*(&)'1&')1;,'&.,'*.,1-1%8&!"&7(-1-&
C'#+ & 7(".5("1- & *,'")5%*(,%% & ?4"01-1% & ()*( & 1" & 7';* & #(,*3 & )+:< & 7.-.)%5 & );,( & @%"(-( & )(5("%-.,& '#()*'3&*.'*+&("(,?%'&7%%"6(%&".')*,(&.&,(/+,)+5&')1;,'&#+,6%%&)'1&.,'*.,1-1%3&%0(%-(&)#,%)(&)'1&(5%)(&
".2*,%8&>*%5&#+&(L%)*+&;(,).'"(&#1&.&;')%1"(&.',@+&;("*,1&=.#1,%-(&0(&".,.#3&,%)%;%"01:2%&@'"%%&2%& 0(7%-4"0&!"&7.,5(&#-',(&;,%"&7'6'&)#4"*(%%8&I)*7(-3&)#4"*(%'&0%/%"+&/'&7'#(&.&!"'-*+&2#.'-+Q&%',&#."2*%%"6'3&
;4%"('&#.;%%-.,8&9,%"&;1*(,('&?4"01-1%&'/(5&;.)%@%-%*'*('&)+&0(*(,5%"+5e1"&')*7(-&0(&.5&)+&"1:2%&5'%& ;1*(,('&(%&0(&;+*,1"0(,(3&0(&!"6(-(?(,(3&#,(2*(&!"&7%(#',(&F%8
;%',0+&".;6%-(3&)+"+*'*('&2%&,.01-&51"#%%&!"&'#()*(&-.#'-1,%&"(".,.#%*(8&!"&'#()*&)#.;&:&01;+&5%(F1-& K+&"1&;%(,0(5&0%"&/(0(,(&#+&)15'&0(&%0(%3&0(&".6%1"%3&0(;1)+&!"&',$%/'&);%,%*1-1%3&)(&*,'")7.,5+3&
".;6%%&#4"0&;,()1;1"(5&#+&*,1;1-&)+1&0.',5(&:&!%&(/.#+5&01$1-8&G'&#$(5',('&".')*,+3&(-&).)(2*(&2%& )'1&5'%&(L'#*&0+&"'2*(,(&-'&';*%*10%"%&#(&/.,&#.")*%*1%&!"&/%%*.,&#.5.','&".')*,+&);%,%*1'-+Q&7'#1-*+6%&'&
)*+&!"&7'6'&".')*,+8&C(2%&"1:<&/(0(53&!-&,1?+5&)*+,1%*.,3&#1&*.'*+&;1*(,('&0(&',?15("*',(3&)+&"1:2%&5'%& #+,.,&*.*'-%*'*(&/'&#.")*%*1%&7.,6'&".')*,+&#,('*.',(&0%"&/('#1,%-(&/%%*.',(8
'F/4,-(&@'"%%&-'&=.#1,%&0(&".,.#3&#%&)+&)(&?4"0(')#+&-'&).6%(&2%&#.;%%3&-'&,();.")'@%-%*'*('&;(&#',(&.&',(& K+&"1&1%*+5&#+&'*4*'&/,(5(&#4*&/.5&;(,(?,%"'&0%"&;-'"(*+&!"&;-'"(*+&2%&0%"*,:1"&)%)*(5&).-',&!"&
0(&':%&$,+"%3&!5@,+#'&2%&(01#'8&c(;(*4"0&)1?()*%'&5'%&51-*&*%5;3&#.")*'*+5&#1&@1#1,%(&#+&'5&,(12%*& '-*1-3&#.,;1-&".)*,1&5("*'-&/'&7%&'#(-'2%8&C%"&/%'6+&!"&/%'6+3&;,%"&0%7(,%*(&!"*,1;+,%3&)1"*(5&#$(5'6%&)+:
)+&)#+;+5&.&7'5%-%(&0(&-'&5%F(,%(8&9./'6'&".')*,+&'&%"*,'*&!"&#.,;1-&5("*'-&'-&=1#+*.,1-1%&;')%."'*3& <&7'#(5&5'%&7%"3&5'%&;1*(,"%#3&#';'@%-&0(&'&;,%"0(&.,%#(&".6%1"(3&.7(,%"0&)#4"*(%%&0%/%"(&;.)%@%-%*'*('&0(&
-1#,4"0&')1;,'&);%,%*1-1%&'*4*& 0(&;1*(,"%#3&!"#4*&-'& 0(2*(;*',(&,'6%1"('&<:'& !"0(5"'*&);,( &. &".1+& '&!"6(-(?(&#."6%"1*1-&(%8
#."01%*+3&'&)%56%*&.&;.,1"#+&%"*(,"+3&#',(&G'&!"0(5"'*&)+&"1:2%&5'%&',1"#(&-'&5')'&/(,0(&'?."%)('-'8& I"%5'-1-&',(&?4"01,%-(&2%&,(7-(L%%-(&)'-(3&2%&(-&',(&1"&#.,;&,(#(;*.,&'-&?4"01,%-.,3&1"&#,('*.,&0(&
I5&#.,%='*&1"&/%#%13&'5&7+#1*&1"&@%"(8 7.,5(:?4"01,%3&0',&#(&0%)*'"6+&(/.-1*%/+&0();',*(&#.,;1-&)+1&5("*'-&0(&#(-&'-&.51-1%M
P,'")5%*(,('&2%&;1*(,('&?4"01-1%&'&7.)*&#1".)#1*+&#1&5%%&0(&'"%&!"&1,5+&0(&5',%%&;,(.6%&0%"& 9,%/(2*(&!"&1,5'&*'3&.51-(3&2%&/(F%&#(&0,15&"()74,2%*&'%&;',#1,)M&I%&;.,"%*&0(&-'&)27"18&'04"#&'-&
R"0%'3&H$'-0(('&2%&S?%;*3&0',&0(F/+-1%,('&(%&)(&;(0(;)('&#1&5.',*('3&0(.',(#(3&0'#+&;,%"&;1*(,('& 01$1-1%&5%"(,'-3&'%&0%)'*&#'&01$1-&/(?(*'-3&'%&!".(8()&#'&01$1-&'"%5'-&2%&-E"5(3*%&-'&%"7%"%*3&#'&.5M&S2*%&
?4"01-1%&!"6(-(;*1-&;1*('&7'#(&@%"(3&.51-&"(;,%#(;1*&;1*('&7'#(&#(-&5'%&5',(&,+1&)(5("1-1%&)+18& )1)M&J(?,+%*&0(&)1)&;(&)#','&(/.-16%(%3&2%&#1&*.'*(&'#()*('3&#(&0,15&"()74,2%*&)*+&!"&7'6'&*'M&H1,'=3&'-6%%&-:
G(?%-(&0%/%"(&"1&)1"*&)#,%)(&;()*(&*.*3&0',&!"#+-#',('&-.,&'01#(&')1;,'&#(-1%&#',(&'&;+#+*1%*&*.'*'& '1&;',#1,)3&2%&'F%&5%-%',0(&0(&o.,6(&0%/%"(&#4"*+&.)'"'-(&H(-1%&0%"*,1&!"#(;1*8&U+,%,(&P'*+-1%3&o%1-1%&2%&
?,(1*'*('&-.,8&['%&0(&01$1-&#',(&/'&!"*,(@1%"6'&;1*(,('&?4"01-1%&;("*,1&'&"(".,.#%&;(&'-*1-M K74"*1-1%&C1$3&!"&/(#%8&I5%"8
Y_ J2',*(' YU

U.',*(' !"#,(0(,('3&0(.',(#(&"15'%&')*7(-&"(&,(0.@4"0%5&,(;(0(&#."2*%%"6'&!"&-15('&#('-'-*+8&C'#+3&-'&.,'&
7'*'-+3&.51-&/%"(&#1&%0(%&7'-)(&0%"&-15('&*(,()*,+3&,+54"(&)1@&0.5("%1-&7,%#%%&2%&'-&"(2*%%"6(%3&%',&
*,(#(,('&)(&/'&7'#(&?,(13&#1&.&'?."%(&;,(-1"?%*+Q&!"&;-1)3&'=1")&'#.-.3&51-*+&/,(5(&);%,%*1-&"1&(&
-+51,%*&1"0(&)(&'7-+3&#(&):'&!"*45;-'*&#1&(-3&)(&F@'*(&!"&"(2*%%"6+3&2%&*4,F%13&1"(.,%&7.',*(&*4,F%13&'7-+&#+&
"1&5'%&()*(&!"&-15('&7%F%#+3&#%&!"*,:.&-15(&7.,5'*+&0%"*,:.&5'*(,%(&0%7(,%*+&2%&!"&#."0%6%%&#1&*.*1-&
o(".5("1-&5.,6%%&<:'&;,(.#1;'*&;(&.5&0(&-'&';',%6%'&)'&;(&;+54"*8&J%#%&1"&(/("%5("*&"1&<:'& 0(.)(@%*(&0(&#(-(&;+54"*(2*%8
;1)&5'%&'04"#&;(&?4"01,%&#'&)*',('&0(&"(5%2#',(&2%&,+#('-+&0%"&5.5("*1-&5.,6%%&*,1;1-1%&.5("()#8& I#()*&'#*&?("(,'-&2%&"'*1,'-&'&?("(,'*&"("15+,'*(&;,()1;1"(,%&2%&0%7(,%*(-(&#,(0%"6(8&I)*7(-3&#(%&
K+-@'*%#1-&#(-&5'%&;,%5%*%/&',(&".6%1"('&5.,6%%3&',(&)("*%5("*1-&#+&):'&;(*,(#1*&#(/'&(L*,'.,0%"',&#1& #',(&;,(*%"0&#+&',&#1".'2*(&5(#'"%)5(-(&-15%%&7%F%#(3&"1&/+0&!"&/%'6'&;-'"*(-.,3&'"%5'-(-.,&2%&'&
)(5("1-&)+13&#+#%&"1&5'%&)%5*(&2%&"1&)(&5'%&5%2#+8&I#()*&)("*%5("*&):'&!"*+,%*&;,%"&.@)(,/',('&#+& .51-1%&0(#4*&7(".5("(&7%F%#(3&#$%5%#(&2%&@%.-.?%#(3&#.")%0(,4"0&#+&/%'6'&.51-1%&()*(&*,+%*+&'#15&;(&
*.'*(&7%%"6(-(&5.,&01;+&.&/,(5(8 ;+54"*3&2%&"1&()*(&'-*#(/'&0(#4*&,(F1-*'*1-&71"#6%%-.,&';','*(-.,&2%&)%)*(5(-.,&0%"&.,?'"%)51-&)+18&
!"*,:'0(/+,3&*.*&#(&(L%)*+3&5'*(,%%&2%&7%%"6(3&*,(@1%(&)+:2%&)#$%5@(&)*',('8&P.'*(&5.,3&01;+&!"6(-()1-& I2'0',3&Bp1#1,+:*(3&.51-(3&#4*&*,+%(2*%3&#+#%&01;+&5.',*(&"1&5'%&(2*%&0(#4*&1"&)*4,/&"()%56%*.,3&;(&
".)*,1 & .5("()#3 & *.'*( & *,(# & ;,%" & 0%7(,%*( & 7'F(3 & 0%" & ;1"#* & 0( & /(0(,( & );%,%*1'-8 & K+,'#1- & 2% & @.?'*1-3& #',(&/%(,5%%&!-&/.,&,.'0(&2%&7+,45%6'8&P.*1-&):'&%);,+/%*&#1&*%"(3&#4"0&'%&%(2%*&0%"&#'0,1-&/%(6%%E8
%?".,'"*1-&2%&)'/'"*1-3&#1&*.6%%&*,(@1%(&)+&*,(#(5&;,%"&;.',*'&5.,6%%3&#',(&"(&01#(&-'&/%'6'&);%,%*1'-+8& a & '-*+ & #'*(?.,%( & 0( & .'5("% & #,(0 & #+ & 5'% & (L%)*+ & ;.'*( & #(/' & 0%"#.-. & 0( & 5.',*(' & *,1;1-1%8 & S%&
P.6%&)1"*(5&)1;12%&01,(,%%&0(&'&/(0('&;(&#%"(/'&%1@%*3&;-(#4"0&0(&-4"?+&".%&!"&-15('&%"/%F%@%-+& /.,@()#&0();,(&.&/%'6+&0%"&-15('&#('-'-*+3&0(2%&"1&2*%1&#(&()*(3&#15&()*(3&1"0(&()*(&'#('&-15(&2%&#15&
.#$%-.,&".2*,%&7%F%#%8 !2%&01#(&.51-&'#('&/%'6+D&I#(2*%&.'5("%&:&)17-(*(&@1"(3&5%-.')(3&#15;+*'*(&!"&7';*(&2%&!"&#1/%"*(&:&
I#()*&(/("%5("*3&(L*,(5&0(&"'*1,'-3&%")*%*1%*&#1&0()+/4,2%*+&!"6(-(;#%1"(&0(&H(-&I*.*;1*(,"%#3&'& #,(0&!"&'7%,5'6%%-(&,(;,(F("*'"6%-.,&@%)(,%#%%&0(&#',(&';',6%"3&2%&'"15(&#+&(L%)*+&.&'-*+&/%'6+3&;("*,1&
;,.01)&')1;,'&.51-1%&:&;(&;',#1,)1-&'&5%%&2%&5%%&0(&)(#.-(&:&'*4*'&7,%#+3&'*4*('&?,%=%&2%&)1;(,)*%6%%3&!"#4*& #',(&.51-&*,(@1%(&)+&)(&)%-(')#+&)+&.&0.@4"0(')#+8&C',&)-1=%*.,%%&@%)(,%#%%&"1&;.*&0'&"%#%&.&-+51,%,(&
*.'*+&(L%)*("6'&-1%&'&)*'*&)1@&*(,.',('&F%-(%&7'*'-(3&#+&/'&51,%3&)(&/'&;,+;+0%&;("*,1&*.*0('1"'8 0();,(&'#(')*+&/%'6+&);%,%*1'-+3&0(.',(#(3&(%&!"2%2%&'1&;%(,01*&.,%#(&#."*'#*&#1&H(,1-3&,+54"4"0&0.',&
J%#%&'F%3&#4"0Z.51-&'&'=1")&)+&)#,1*(F(&51-*(&0%"&)(#,(*(-(&"'*1,%%3&.5("%,('&"1&()*(&-+51,%*+&#(& #1&F%01,%-(&@%)(,%#%-.,&#',(&'1&0(/("%*&)%5;-(&#.")*,1#6%%Q&;("*,1&#+&.&@%)(,%#+&!"*,('?+&;.'*(&0(/("%&.&
()*(&0%"#.-.&0(&5.,54"*8&I-*+0'*+3&5',%%&%"%6%'6%&#1".2*('1&#'1F'&2%&)#.;1-&'#()*1%&7(".5("8&c()*1-& #')+&.@%2"1%*+&#4"0&#(%&#',(&%"*,+&!"&('&,();%,+&0.',&!"&5+,?%"%,('&-1*1-1%&-.,&*(,()*,13&;(&#4"0&1"&
.5("%,%%&(,'&"(2*%1*.',(&2%&;,('&!"';.%'*+&#'&)+&!"6(-('?+&*'%"(-(&2%&'#*(-(&%"*%5(&#(&'1&-.#&#1&;,%-(=1-& #.;'# & 0(/%"( & *(5;-1 & )74"* & #4"0 & ()*( & !5@,+6%2'* & 0( & 0.1+ & 54%"% & ' & #+,., & )17-(* & ()*( & 1" & #'"'- & '-&
*,(#(,%% & 0%" & -15(' & 5'*(,%(% & ?,.).-'"(3 & !" &#(' &' &5'*(,%(% & (*(,%#(8 &IF%& !")+3 &-+,?%"01:)( & ?,'01- &0(& C%/%"%*+6%%8&I2'0',3&,(;,(F("*'"6%%&@%)(,%#%-.,&"1&)1"*&!"&)*',(&)+&(L;-%#(&)'1&)+&0()#,%(&'@).-1*&"%5%#&
!"6(-(?(,(&'-&.51-1%3&(&;.)%@%-&)+&)(&,(/(-(F(&1"1%&"15+,&5'%&5',(&0(&.'5("%&)(,%'&0(&7(".5("(&#(& 0%"&7(".5("(-(&)'1&7%%"6(-(&)7(,(-.,&#(,(2*%3&(%&0.',&%5;1"4"0&.&)%5;-+&'7%,5'6%(&#',(&*(&-')+&,(#(&2%&
'1&-.#&!"&*%5;1-&0();,%"0(,%%&("*%*+6%%&);%,%*1'-(&0%"&$'%"'&)'&*(,()*,+8 "1&*(&)#.'*(&0%"&#(,#1-&!"0.%(-%%8&p%(6%%&.'5("%&',&0.,%&)+&)(&#."7.,5(F(&1"(%&/%(6%&(L(5;-',(3&0',&"1&
!"& %"7%"%*'&K'&!"6(-(;#%1"(3&P'*+-&%1@%*.,&';,%"0(&!"&'"15%*(&-.#1,%&#'"0(-(3&!"'-*(&#(,#1,%& 0(& )(&;.*&)#1*1,'&0(&';+)+*.',('&2%&F0,.@%*.',('&!"0.%'-+A&BI2'&.&7%D&U'%&(L%)*+&;(&1"0(/'&1"&-.#&1"0(&
,(/(-'6%(3&2%&;,%"&'-(2%%&K+%&);'6%'-%&7.,5('F+&%")*,15("*(&:&5(0%15%3&;,%"&%"*(,5(0%1-&#+,.,'&("*%*+6%-(& );%,%*1-&.51-1%&!2%&5'%&#."*%"1+&(L%)*("6'DE
);%,%*1'-(&,(/(-('F+&.'5("%-.,&!"*,(?1-&;,.#()&'-&5.,6%%3&5.01-&#15&)(&7'#(&*,(#(,('&0%"&)*',('&7%F%#+& !"&7%"(:3&(L%)*+&.'5("%3&7.',*(&;16%"%&-'&"15+,3&#',(&#1".)#4"0&#(/'&0%"&#(('&#(&)(&'7-+&0%"#.-.&
!"&#('&);%,%*1'-+8&9,%"&'#()*(&#(,#1,%&0(&,(/(-'6%(&)'1&0(&%"%6%(,(3&.51-&;,%5(2*(&#1".2*%"6(&0%,(#*&0%"& 0(&/+-1-&#(&0();',*(&-15('&/%F%@%-+&0(&#('&%"/%F%@%-+3&)(&)%-()#&)+:2%&01#+&(L%)*("6'&*(,()*,+&!"&0(;-%"+&
H(,3&;,%"&%"*(,5(0%1-&5(0%151-1%8 #1".2*%"6+ & 0( & 1,5+,%-( & (%3 & ;("*,1 & ' & ;1*('3 & 01;+ & 5.',*(' & *,1;1-1% & -.,3 & )+ & )( & @1#1,( & 0( & . & /%'6+&
SL%)*+ & #46%/' & .'5("%3 & ,%)%;%6% & ;,%" & 51-6%5(' & .5("%,%%3 & #1 & 0',1- & 5%"1"'* & 0( & ' & /(0(' & 2% & '1F%& );%,%*1'-+&#4*&5'%&7(,%#%*+8
7(".5("(&2%&-1#,1,%&;(&#',(&5'=.,%*'*('&"1&-(&/(0(&2%&"%#%&"1&-(&'10(8&I#(2*%'&/+0&("*%*+6%-(&);%,%*1'-(& C%"&#(-(&(L;1)(3&)(&/(0(&#+&(L%)*+&#(-&;16%"&*,(%&#'*(?.,%%&;,%"#%;'-(&0(&.'5("%&#',(&'1&/(0(,%&
2%&'10&/.,@%,('&-.,&(L;,%5'*+&;,%"&?4"01,%&#(&;',&'&7%&/.,@%,(&.5("(')#+8&T"&')(5("('e.5&(&1"& 0(.)(@%*(&')1;,'&/%(6%%8&T"%%&"1&#,(0&!"&(L%)*("6'&/%(6%%&0%"#.-.&0(&5.',*(8&I-6%%&!"#-%"+&'&#,(0(3&2%&#'&
7(,%#%*&'-&;+54"*1-1%3&;("*,1&#+&',(&#1".2*%"6+&0(&("*%*+6%-(&);%,%*1'-(&#',(&!2%&01#&*,'%1-&!"&)7(,(-(& '*',(&)(&)%-()#&)+&0.@4"0(')#+&7(,%#%,('&#(,(')#+3&0',&"1&2*%1&#15&.&7%&2%&1"0(&.&7%8&!"&7%"(3&'&*,(%'&
#(,(2*%8 &9("*,1 & 1"& ')(5("(' & .53 & 5.',*(' & "1& 5'% & ;,(F%"*+ &1" &');(#* & !"?,.F%*.,3 &(- & /+F4"0 & *.'*(& #'*(?.,%(&#1".'2*(&.&;',*(&0%"&I0(/+,&2%&)(&)%-(2*(&)+&01#+&.&/%'6+&#.,(#*+3&2*%%"0&#+&#(('&#(&)('5+"+3&
(*';(-(&5.,6%%3&'#*1-&5.,6%%&!"&*.'*+&0()7+21,',('&(%3&!"6(-(?(&#+&5.',*('&"1&()*(&0(#4*&1"&7';*&#(& !"&/%'6'&*(,()*,+3&/'&#1-(?(&!"&/%(6%-(&/%%*.',(8
!"-()"(2*(&.51-1%&')#(")%1"('&;(&)#','&(/.-16%(%&/(2"%#(8 H1,%.) & ()*( & 7';*1- & #+ & !" & /,(51,%-( & !"0(;+,*'*(3 & .5("%,(' & (,' & 5'% & )%5;-+3 & "(#1".)#+*.',( & '&
S)*(&.&"(#()%*'*(&%5;(,%.')+&#'&.51-&)+&2*%(&#(&()*(&5.',*('3&)+&)(&#."/%"?+&0(&,.)*1-&'#()*1%& 7(".5("(-.,&0%"&"'*1,+3&0',&(,'&5'%&!"#,(F+*.',(&!"&(L%)*("6'&1"(%&/%(6%&01;+&5.',*('&7%F%#+8&IF%3&
5',(&'#*&0%"&(L%)*("6'&)'3&;("*,1&'&)#+;'&0(&;./','&?4"01-1%&BI5&)+&5.,ME&H1".)#4"0&I0(/+,1-3&(-& #4"0&5%"*('&.51-1%&()*(&5'%&#-',+&2%&#4"0&)15'&#1".2*%"6(-.,&*(,()*,(&01#(&-'&#."#-1F%'&(L%)*("6(%&
"1&/'&5'%&7%&#.;-(2%*&0(&01,(,(3&@+*1*&0(&/4"*1-&?4"01,%-.,&"(?,(3&#+&2%:'&;%(,01*&;("*,1&/(#%&%1@%*'&)'& 1"(%&C%/%"%*+6%&2%&'&1"1%&;-'"&0(&(/.-16%(3&"1&)(&5'%&#,(0(&!"&"(51,%,('&);%,%*1-1%3&%"*,:.&/%'6+&0%"#.-.&
).6%(3&)#15;'&)'&5'5+&.,%&'0.,'*1-&)+1&#.;%-'28 0(&$.*',1-&5.,6%%8&H1,%.F%*'*('&#,(2*(&#4"0&/(0(5&#+&)*'*(-(&#%/%-%F'*(&#',(&0.5%"+&;+54"*1- &;,%"&
C(&#(&'#(')*+&='-(3&0(&#(&'#(')*+&"(-%"%2*(D&C'#+&.51-&',&#1".'2*(&I0(/+,1-3&":',&5'%&7%&'*4*('& ;1*(,('&-.,&5%-%*',+3&;,%"&;,.);(,%*'*(&(#.".5%#+&2%&0()#.;(,%,%&2*%%"6%7%#(3&)1"*&'*4*&0(&!"';.%'*(&!"&
F@1#%15+,%&)17-(*(2*%3&'*4*('&*,'?(0%%3&)%"1#%0(,%&2%&*1-@1,+,%&5("*'-(3&#1&.#'F%'&;-(#+,%%&#(-.,&';,.;%'6%8 #1".'2*(,(' & -(?%-., & );%,%*1'-( & 2% & )17-(*(2*%3 & %', & ;.;.',( & )+,'#( & 2% & !"';.%'*( & #1".)# & 1"(-( & -(?% & 2%&
I#(')*+&*,(#(,(&0(&-'&.&)*',(&-'&'-*'&()*(&1"&7(".5("&#.51"&!"*,(?%%&#,('6%%8&I;'&()*(&-%#$%0+3&('& 7(".5("(&0%"&0.5("%1-&%"/%F%@%-1-1%3&2%&'"15(&-(?('&(/.-16%(%&/(2"%#(&2%&,.-1-&/%(6%-.,&"("15+,'*(3&
;.'*(&*,(#(&!"&'"15%*(&#."0%6%%&!"&)*',(&).-%0+3&?'F.')+&)'1&,'0%'"*+8&C',&!"&.,%#(&)*',(&):',&'7-'3&('&*.*& ;(&#',(&.51-&*,(@1%(&)+&-(&;',#1,?+&;(&9+54"*&2%&;(&'-*(&;-'"(*(3&#'&)+&1,#(&;(&)#','&#1".'2*(,%%&2%&'&
';+&,+54"(8&U%"(,'-1-&0%-'*'*&;,%"&#+-01,+3&#."*,'#*'*&;,%"&7,%?3&#,';+3&)(&)7+,45+&!"&@1#+6(-(3&!"3& 5.,'-%*+6%%8&c+);1")1-&!-&?+)%5&!"&7';*1-&#+&".%3&(1,.;("%%3&)1"*(5&.&,')+&0(&.'5("%&".%3&#',(&'/(53&(&
6+,4"+8&G'&,4"01-&)+13&;,'71-&;.'*(&7%&0%F.-/'*&0(&';'&;-.%-.,3&;,(7+#1*&!"&).-16%(&2%&'@).,@%*&')*7(-&!"& 0,(;*3&*.'*+&/%?.',('&*%"(,(6%%3&0',&2%&.&)1;(,7%#%'-%*'*(&!"&#1?(*',(3&;(&#4"0&;.;.',(-(&a,%("*1-1%&:&
#.,;1-&;-'"*(-.,3&1"0(&)(&;,(7'#(&!"&5'*(,%'&#.")*%*1*%/+&'&;-'"*(%8&H(%&"(2*%1*.,%3&;,%/%"0&.&;-'"*+3& %"0%("%%3&#$%"(F%%3&*%@(*'"%%&(*#3&)1"*&;.;.',(&@+*,4"(3&'-&#+,.,&*,(#1*&)(&;%(,0(&!"&"(?1,'&/,(51,%-.,3&(%&
"%#%&"1&@+"1%()#&#+&!"&%"*(,%.,1-&(%&(L%)*+&'#(-'2%&5%"(,'-3&'#(-'2%&-1*3&;%'*,'&0(&/',&)'1&"%)%;1-&;(&#',(& "15+,4"0&!"&%)*.,%'&-.,&0%"')*%%3&-(?%)-'*.,%&2%&!"/+6'6%&0(&'#15&Xq8qqq&0(&'"%8
#'-#+&;%#%.,1-&-.,8&9-'"*(-(&5.,3&'"%5'-(-(&5.,&2%&(-(3&'0%#+&)1"*&;+,+)%*(&0(&)17-(*1-&-.,3&0(&'#(-&#(/'& a##%0("*'-%%3 & #1 & /%'6' & -., & %"*(")+3 & #1 & ?.'"' & 01;+ & ,('-%F+,% & ;+54"*(2*%3 & #1 & 7,+54"*+,% & ;("*,1&
#',(&-(&0+&/%'6+8&9-'"(*(-(&2%&)*(-(-(3&-'&.&/,(5(&)(&0()*,'5+3&)(&;1-/(,%F('F+&2%&';.%&)(&,%)%;()#&!"& #42*%?1,%&5'*(,%'-(3&'#.,0+&;,('&;16%"+&'*("6%(&;,(.#1;+,%-.,&)17-(*(2*%8&9.;.',(-(&a,%("*1-1%&;(&-4"?+&
);'6%13&;1-@(,('&-.,&7-1%0%F4"01:)(&5'%&*4,F%1&2%&,(!"*.,#4"01:)(&-'&%F/.,1-&0(&1"0(&'1&;1,#()&#4"0/'3& )'*%)7'#(,('&/%(6%%&*,1;(2*%3&'#.,0+&.&'*("6%(&0(.)(@%*+&"(#()%*+6%-.,&)17-(*(2*%&2%&);%,%*1'-(Q&0%"&'#(')*+&
#1&5%-%',0(&0(&/('#1,%&!"&1,5+8 #'1F+3&;1*(,%-(&-.,&)17-(*(2*%&)1"*&5'%&5',%8&I)*7(-&)(&(L;-%#+&"15+,1-&5',(&'-&#(-.,&#',(&)(&@1#1,+&0(&
!" & -15%"' & '#()*1% & '0(/+,3 & /%'6' & .51-1% & 0.@4"0(2*( & 1" & '-* & !"6(-()3 & %', & 5.',*('3 & 0%" & .,%@%-+3& 7'#1-*+6%&);%,%*1'-(&!"&,4"01-&'#()*.,&;.;.',(3&;(&#4"0&!"&6+,%-(&.##%0("*'-(&;(,).'"(-(&#-',/+F+*.',(&
,();%"?+*.',(3&0(/%"(&1"&(/("%5("*&7%,()#3&#$%',&7(,%#%*3&;("*,1&5.*%/1-&#+&.51-&)#';+&0%"&!"*1"(,%#1-& )1"*&7.',*(&,',(8
/%(6%%&;+54"*(2*%3&;("*,1&'&*,(#(&!"*,:.&-15(&0(&-15%"+3&1"0(&/%'6'&()*(&5'%&12.',+3&)#';+&0(&".%'"1-& K:',&7%&#1/("%*&#'&'#()*(&*'%"(&)+&7%(&#1".)#1*(&0(&;,(.*%5('&*1*1,.,&,(-%?%%-.,&2%&)+&7%(&#.51"%#'*(&
)17(,%"6(-.,&2%&?,%=%-.,&"(#1,5'*(3&;("*,1&'&*,(#(&!"*,:.&-15(&-%"%2*%*+&2%&;-%"+&0(&7(,%#%,(&:&0'#+&):'&)%-%*& .51-1%3&0',&#(%&#',(&-(&#1".)#&:&,'@%"%%&:&.&6%"&')#1")+8&9,(.*%5('&#,(2*%"+&:&#',(&'&#1".)#1*&2%&
)+&;+F(')#+&-(?%-(&0%/%"(8 ;,.;./+01%*&*%5;&0(&0.1+&)1*(&0(&'"%&01;+&;-(#',('&C.5"1-1%&0%"&;,('=5'&9+54"*1-1%3&"(51,%,('&
S)*(&.&"(#()%*'*(&'@).-1*+&#'&.51-&)+&#1".')#+&#(&)(&/'&;(*,(#(&#1&(-&!"&5.5("*1-&5.,6%%3&;("*,1& );%,%*1-1%&2%&,(!"*,1;',('&'#()*1%'&:&'&;%(,01*&.,%#(&#1".'2*(,(&,(7(,%*.',(&-'&-15('&%"/%F%@%-+3&%',&'F%3&
#'&'#()*&;,'?&#(&0();',*(&0.1+&(L%)*("6(&:&#('&*(,()*,+&2%&#('&);'6%'-+&:&)+&7%(&*,(#1*&#1&*.'*+ "(2*%1*.',(3&)(&5+,?%"(2*(&)+&;,.;./+01%')#+&0.',&0.?5'&,(7(,%*.',(&-'&#."01%*'&/%(6%%&7%F%#(8&S'&"1
YV >%"&*'%"(8(&0%(.%%&.%&'8(&1"%0(,)181%&6&C,%7'&#',*( J2',*(' YW

5'%&()*(&!"&5+)1,+&)+&(L;-%#(&/%'6'&.51-1%&01;+&5.',*(3&5+,?%"%"01:)(&0.',&-'&)%5;-(&'7%,5'6%%& !"#4*&51-*+&/,(5(&"1:2%&;.'*(&-+51,%&".1'&)*',(3&2%&7.',*(&*4,F%1&%'&#1".2*%"6+&;(&0(;-%"&0(&5(0%1-&
0();,(&.&/%'6+&;-%"+&0(&#$%"1,%&!"&%'03&;("*,1&#(%&#',(&):'1&7+#1*&#1-;'@%-%&!"&-15('&;+54"*('"+3&2%&0(& 1"0(&)(&'7-+8&K17(,%"6(-(&%1@%6%-.,&)+%&-+)'6%&=.)3&!"&;-'"1-&;+54"*()#3&!-&!"*,%)*('F+&'*4*&0(&51-*3&!"#4*&
.&/%'6+&7(,%#%*+&!"&,'%3&;("*,1&#(%&#',(&):'1&#."7.,5'*&;,(#(;*(-.,&;,.;./+01%*(&0(&K74"*'&K#,%;*1,+3& !"&-.#&)+:<&'=1*(&-'&0()-12%,('&".%%&)%*1'6%%3&-'&'/'")',('&-1%3&'#(2*%'&!-&*,'?&!"&=.)3&-4"?+&(%3&';,.';(&0(&
%"*(,;,(*'*+&0(&7%(#',(&@%)(,%#+&01;+&@1"1-&)+1&;-'#3&;,%"&=10(#+6%&%"7%,5(&2%&5+,?%"%*(8&T"0(&()*(& ;+54"*3&2%&"1:%&0'1&;.)%@%-%*'*('&)17-(*(')#+&)+&)(&0();',*+&0(&(%3&;("*,1&'&)(&!"+-6'&!"&)7(,'&#(,(')#+3&
%'01-&2%&,'%1-3&)1@&#(&7.,5+&2%&#4*&*%5;&!2%&;(*,(#(&.51-&(L%)*("6'&!"&'#()*(&-.#1,%&:&"1&2*%(&"%#%&('8& !"&F."'&);'6%'-+3&#1/("%*+&?,'01-1%&)+1&(/.-1*%/8&I)*7(-3&!%&7'#&1"&,+13&0%"&"(#1".'2*(,('&-(?%-.,&/%(6%%&
p%)(,%#'&(,'&%"%6%'-&!"&;.)()%'&I0(/+,1-1%3&0',&'F%&"1&5'%&()*(&!"&5+)1,+&)+&"(&0()#,%(&.,%?%"('&/%(6%%3& 2%&'-(&5.,6%%3&2%&0%"&(?.%)51-&-.,&#+&"1:<&5'%&'1&7%F%#&;,%"*,(&(%8
,.-1-&/%(6%%&2%&-(?%-(&#',(&!%&0.5%"+&(/.-16%'3&!"&(*(,"%*'*(8 a,%#(&(7.,*&()*(&%")17%#%("*&;("*,1&'&#."/%"?(3&;("*,1&'&!"0(5"'&;(&*.'*+&-15('&)+&)(&-')(&0(&
!"&*%5;1,%-(&!"0(;+,*'*(&%"%6%'6%%&*,'")5%*('1&.,'-&0%)#%;.-%-.,&'#()*(&#1".2*%"6(3&%',&!"&;,(F("*3 0.-%13 & 0( & $'%"' & "('?,+3 & 0( & #,(;1- & 0( & ='-( & : & )(5"1- & 0(F"+0(=0%%3 & '- & ,(?,(*1-1% & ;-(#+,%% & !" & -15('&
8&)(&'2*(,"&;(&$4,*%(3&7.,54"0&0%7(,%*(&*,'*'*(8&a@6%"1*(&0(&-'&'1*.,%&0%7(,%6%3&!"&6+,%&2%&*%5;1,%&0%7(,%*(3 -15%"%%3 & '- & #(-1% & 0,'?8 & J1 & 5'% & ()*( & "(/.%( & 0( & '#()*( & 0(5.")*,'6%% & ',$'%#(3 & 0( & ;( & /,(5(' & #4"0&
;,%"&#.5;',',('&-.,&):'1&'-()&;+,6%-(&#.51"(&2%&#.")*'"*&*,'")5%)(3&#.")*%,1%"01:)(&>2#*,%"'&,(0(8'*+9 .5("%,('&'@%'&)(&.,%("*'&!"&/%'6+3&#'&2%&@%(*1-&#.;%-'2&!"&;,%5%%&)+%&'"%&0(&(L%)*("6+8&I&*,(#1*&/,(5('&
C%"&(L;1"(,('&(%3&.5("%,('&'7-+&'F%&0();,(&,.)*1-&);%,%*1-1%&2%&)17-(*1-1%&!"&-15('&7%F%#+&2%&5(*'7%F%#+3 #4"0&!"&5.,54"*&)(&;1"('1&@'"%&;("*,1&#'&0(71"#*1-&)+&'%@+&#1&#(&;-+*%&*,'");.,*1-&2%&*'L(-(&;(&-'&
0();,(&#,('6%'&P'*+-1%&2%&0();,(&"'*1,'&2%&'*,%@1*(-(&o%%"6(%&)1;,(5(8 0%7(,%*(-(&/+5%&#(,(2*%3&)'1&(,'&!"?,.;'*&#1&',5(-(&)'-(8&I1&7.)*&*%5;1,%&0(&?,.F'/+&%?".,'"6+3&#4"0&
!"&?("(,'-3&'#()*(&#.51"%#+,%&"1&)1"*&#,(F1*(&0(&%?".,'"6%3&#(%&#',(&)(&;,(*%"0&)'/'"6%&-(&"('?+&#1& )(&!"?,.;'&)'1&)(&',0('&).6%'3&)#-'/1-&2%&#'-1-&#(-1%&;-(#'*&!"&-15('&)7(,(-.,&#(,(2*%8
!"#+;+64"',(3&7+,+&#'&5+#',&)+&-(&)*10%(F(3&0(2%&P'*+-&#(,()#&'&0'*&7%(#+,1%&.5&=10(#'*+3&;,%"&#',(&)+& C'#+&!%&%1@%6%&H1&'0(/+,'*&;(&#(%&;-(#'6%&0(&-4"?+&/.%3&"1:%&5'%&;-4"?(6%3&#+#%&'#()*(&-'#,%5%&!%&',0&
#(,#(*(F(&-1#,1,%-(&2%&7';*(-(3&)+&-(&#4"*+,(')#+&2%&)+&(L*,'?+&0%"&(-(&I0(/+,1-8 7-1%0%#3&#15&',0(&=+,'*(#1-& *,1;1-&/.)*,18&S)*(&5'%&@%"(3& 5'%&0(5"3&5'%& );%,%*1'-3& )+&/+& !"+-6'6%&
S)*(&-'&5%"*('&#(-1%&5'%&)%5;-1&.5&#+&0'#+&(L;-%#'6%%-(&,(7(,%*.',(&-'&5.01-&!"&#',(&5.',(&.51-3& ?4"01-&#1&%1@%,(3&#1&,();(#*3&,1?4"01:/+&F%-"%#&;("*,1&-15%"',('&2%&'/'")',('&;(&#+,',('&/%(6%%&-.,&
#15&)(&,(!"*,1;('F+&2%&*,'%1-&)+1&!"&);'6%13&#'&("*%*'*(&);%,%*1'-+3&)(&;.*,%/()#&-'&0.1+F(#%3&.&)1*+3&.& /(2"%#(8&I-+*1,%&0(&'#()*(&,1?+#%1"%&()*(&0(&5',(&7.-.)&:&;("*,1&#(-&#(&)(&,.'?+&2%&;("*,1&#(-&;("*,1&
5%(&0(&#.51"%#+,%&7+#1*(&!"&*%5;1,%&0%7(,%*(&2%&1".,&;(,).'"(&#-',/+F+*.',(3&)*,+%"(&!"*,(&(-(&2%&'7-'*(& #',(&)(&,.'?+&:&#'&/.,@'&)'1&?4"01-&)+&7%(&*,'01)&!"&7';*+8
!"&6+,%&!"0(;+,*'*(&1"(-(&0(&'-*(-(3&()*(&,%(;(,5%)3&#'&)+&"1&F%#&)*1;%03&)+&"1&-(&0'%&#,(F',(8&G.?%#'3& P.*&#(&(L%)*+&!"&"'*1,+3&0(&-'&(-(#*,."&-'&1"%/(,)3&(&-(?'*&1"1-&0(&'-*1-3&7.,54"0&1"&@-.#&#."01)&;(&
@1"1-:)%56&#(,(&)+&#%*(2*%3&)+&#(,#(*(F%&2%&)+&#'16%&)+&*(&#."/%"?%&;,%"&;,.;,%%-(&*'-(&)%561,%3&!"&7(-1-& #'-('&0()*%"1-1%&);,(&5'%&@%"(3&5'%&7,15.)3&);,(&;(,7(#*8&P'*+-&0.,(2*(&#'&.51-3&0(2%&'@).-1*&-%@(,&!"&
'#()*'3&.,%#%"(&',(&.#'F%'&)+&0()#.;(,(&#.51"%#+,%-(&("*%*+6%-.,&);%,%*1'-(&-15%".')(3&#.@.,4*(&;,%"*,(& ?4"01,%-(3&/.,@(-(&2%&5'%&'-()&;(&7';*(-(&)'-(3&)+&-1#,(F(&-'&5',('&.;(,+&0(&).-%0',%*'*(3&-'&'=1*.,',('&
".%3&;+54"*("%%8&9,%"&'#()*(&#.51"%#+,%&(-(&"(&0()#,%1&(L%)*("6'&-.,&!"&%5(")%*'*('&);'6%%-.,3&)("F'6%%-(& #(-1%&)-'@3&-'&54"?4%(,('&#(-1%&!"*,%)*'*3&-'&'0+;.)*%,('3&!5@,+#',('&2%&$,+"%,('&#(-1%&!"&5%F(,%(8&R"&
*,+%*(&#1&.#'F%'&*,(#(,%%&;,'?1-1%&5.,6%%Q&.7(,%"01:"(&*.*.0'*+&)1@-%5(&)7'*1,%&;,%"&#',(&)+&01#(5&.& '#(')*+&%0((3&'/4"0&!"&/(0(,(&-(?('&).-%0',%*+6%%3&'=1*'6%3&!"&"15(-(&#(-1%&;-(#'*3&01;+&;.)%@%-%*'*('&
/%'6+&#15%"*(3&7,+6()#+3&;("*,1&'&"(&@1#1,'&0(&7(,%#%,('&/%(6%%&);'6%'-(8 /.')*,+3&;(&.,%#(&"(".,.#%*&%(2%*&!"&#'-(3&%"0%7(,("*&0(&"('5&)'1&,(-%?%(8&9,%"&'#(')*'&'=1*'6%&1"&?,(2%*&
H1".)#4"01:)(&'#()*(&*'%"(3&.5("%,('&/'&/(0('&!"&'#*1-&5.,6%%&.&)%5;-+&*,(#(,(&0(&-'&.&7.,5+&0(& '-&/%(6%%3&0%"&'-*(&!"*,1;+,%3&%',&;(&0(&'-*+&;',*(&'=1*'6%&;(&%1@%*1-&/.)*,1&0%"&);'6%13&#',(&!"&/%,*1*('&-(?%%&
/%'6+ & -' & '-*'3 & ')(5+"+*.',( & .',(#15 & %(2%,%% & 0%"*,:. & #')+ & !" & #1,*(3 & 0%"*,:. & !"#$%).',( & -' & -%@(,*'*(8& #.,();."0("6(%&/'&;,%5%&1"0(&7-1%0%#(&)1;(,%.',(&2%&)%*1'6%'&-1%&)(&/'&!5@1"+*+6%8 &R-1)*,(F& '#(')*+&
o(".5("1-&)(&;(*,(#(&#'&2%&#15&1"1-&2%&'#(-'2%&.5&2%:',&0(F@,+#'&1"&;',0()%1&2%&-:',&'?+6'&!"&#1%8& ,(#.5'"0',(&#1&1"&(L(5;-18
a',(3&;,%"&'#()*&'#*3&!2%&;%(,0(&.51-&;(,)."'-%*'*('D&C()%?1,&#+&(-&,+54"(&'@).-1*&'#(-'2%3&#1&'#(('2%& !"*,:1"'&0%"&F%-(-(&-1%&0(#(5@,%(&<sX^3&?$%01-&#(,#1-1%&".)*,1&0(&,(/(-'6%(&:&K74"*1-&U%"'3&"(&
=10(#'*+3&#1&'#(-('2%&)%56+5%"*(3&#'-%*+6%&2%&0(7(#*(Q&#1&'-*(&#1/%"*(3&#1&'#(-'2%&@'?'=&%"*(-(#*1'-&2%& ,(#.5'"0+&)+&"(&,1?+5&;("*,1&)17-(*1-&1"1%&.',(#',(&[')%-(8&Bc1?'6%:/+&;("*,1&(-3&)+,5'"1-3&#+#%3&
5.,'-3&#1&'7(#*(&2%&;')%1"%&;(&#',(&-(:'&'/1*&;4"+&'*1"#%8&U.',*('&7%F%#+&"1&)#$%5@+&#1&"%5%#&#(('&#(& "+)#1*&.,@&!"&-15('&/.')*,+3&'&*,+%*&;4"+&#+*,(&@+*,4"(6(&!"&!"*1"(,%#1-&/%(6%%&7%F%#(8&C',&-'&.&/,(5(3&
'&/+F1*3&#%*%*3&'1F%*&2%&(L;(,%5("*'*&.51-&!"&0%7(,%*(-(&)'-(&/%(6%&*(,()*,(8&C1;+&5.',*('&7%F%#+3&-'& 0%);(,'*&0(&).',*'&-1%3&)+,5'"1-&2%:'&#1,5'*&/%'6'3&#,(F4"0&#+&*(,5%"+&#1&"(".,.#%,('8&['%&-1%M&I&
0(2*(;*',('&)'&!"&-15('&);'6%'-+3&(-&"1&()*(&"%#%&5'%&;,()1)&"%#%&5'%&;,(=.)&0(&?,'01-&)+1&(/.-1*%/8 )#+;'*&0(&!"*1"(,%#1-&-15%%&/.')*,(3&0',&/("%"0&'%#%&'&0'*&;()*(&.&@(F"+&2%&5'%&;,.71"0+8&a&7';*+&
K(&;.'*(&!"*45;-'&#'&!"*,:.&/%'6+&*(,()*,+&.&("*%*'*(&);%,%*1'-+&)+&7%(&1"&;,.7().,&1"%/(,)%*',3&1"& "(#1?(*'*+3&;,%"&#',(&'#15&(&2%&5'%&"(".,.#%*8E
5%"%)*,1&)'1&.,%#(&'-*+&;(,)."'-%*'*(e&2%&#1&*.'*(&'#()*('3&01$1-&)+1&',(&1"&?,'0&(/.-1*%/&%"7(,%.,8&C',& J.%3&')%)*("6%%3&"(:'5&;,.;1)&)+&"(&,1?+5&;("*,1&)17-(*1-&)+13&)+&';,%"0(5&#4*(&.&-154"',(&-'&
(&;.)%@%-&#'&1"&@%(*&#%.@'"3&1"&@%(*&6+,'"3&"(2*%1*.,3&0',&'05%,'@%-&#'&5.,'-%*'*(3&01;+&0()*,1;',(&)+& @%)(,%#+&2%&)+&7'#(5&#4*(&.&5%#+&;.5'"+&!"&"15(-(&-1%8&I&*,(#1*&.&/,(5(&2%&!"*,:.&)(',+3&-'&.&2(0%"6+3&
7%(&.&5',(&-15%"+&);%,%*1'-+3&.#1;4"0&!"&/%'6'&#(,(')#+&1"&!"'-*&?,'0&);%,%*1'-8&9,%"&1,5',(&/'-.',('& "( & ;.5("%5 & #+ & ?$%01- & "( & '"1"6+ & ;,(F("6' & -1% & [')%-(3 & #',( & !" & #1/%"*( & 7.',*( & !"01%.2+*.',(3 & "(&
1"(% & ("*%*+6% & );%,%*1'-( & "1 & )( & 5+).',+ & 01;+ & ,'"?1- & )+1 & ).#%'- & ;+54"*()#3 & 01;+ & #1".2*%"6(-( & )'-(& 51-615(2*( & 2% & "( & '01#( & -' & #1".2*%"6+ & #+ & ' & !"#(;1* & )+ & )( & ,%)%;(')#+ & @(F"' & 0%" & =1,1- & )+1 & 2% & #+&
-15(2*%3&#%&Z01;+&/(#$%5('&)#4"*(%%&)'-(&0%/%"(3&01;+&?,'01-&)+1&0(&(/.-16%(&5.,'-+&2%&%"*(-(#*1'-+8 !"*,(F+,(2*(&-15%"'&5'*(,%%-.,&);'6%'-(8
C(2%&.5("%,('&()*(&!"#+&0(;',*(&0(&#1".'2*(,('&!"'-*(-.,&*'%"(&'-(&"'*1,%%3&*.*12%&#%*%,('&2%&'1F%,('& J1&(L%)*+&("*%*'*(&);%,%*1'-+3&#',(3&01;+&#(&'&;+,+)%*&-15('&7%F%#+3&)+&"1&#.@.',(&-'&)1;,'7'6'&
-.,&.&;1"(&;(&?4"01,%3&2%&!"*,:.&.',(#',(&5+)1,+&!2%&/'&)#$%5@'&#."01%*'3&;("*,1&#+&%0(%-(&-1#,('F+& ;+54"*1-1%3&;("*,1&':%&/%F%*'&;(&#(%&-+)'6%&=.)3&;("*,1&':%&)1?()*%."'&#1&!"0(5"1,%&0(&#1,'=&)'1&':%&
')1;,' & (% & ')(5("(' & 1"., & 7.,6(3 & !"0(5"4"0:. & )+ & "1 & 5'% & ?("(,(F( & #'1F( & '-( & #+,., & (7(#*( & )( & /.,& '=1*'3&04"01:-(&7-1%0(&0(&!"*+,%,(&7%F%#+3&0(&)+"+*'*(3&.,%&#$%',&)+:%&'=1*(&(7(#*%/&!"&'#*%/%*'*('&-.,&
!"*.',#(&!5;.*,%/'&(%8&H1".)#4"0&#4*(&;16%"&0%"&'#()*(&*'%"(3&-%"%'&/%(6%%&15'"(&/'&7%&5'%&7(,5+3&5'%& %"*(-(#*1'-+&)'1&7%F%#+8&S/%0("*3&01$1,%-(&"('/4"0&*,1;&"1&;.*&'=1*'&!"&'#(')*+&0%,(#6%(&0(#4*&;(&#'-(&
0(5"+3&2%&5.',*('&"1&/'&5'%&)*4,"%&?,.'F'&!"#(,#'*+&0(&*.6%&#(%&#',(&"1&#1".)#&I0(/+,1-8&e 7-1%0%#+&:&5'*(,%(&;(&#',(&.&#."#("*,('F+&#1&;1*(,('&/.%"6(%&2%&'&?4"01-1%&-.,&;4"+&';,.';(&0(&'&
a3&C.'5"(3&#4*&'2&0.,%&#'&7,'6%%&5(%&)+&'=1"?+&#1&*.6%%&-'&#1".'2*(,('&'#()*.,&'0(/+,1,%3&.,4"01%*(& 0(/("%&.&7.,6+&7%F%#+8&S-(&/%"&5(,(1&-4"?+&".%3&"(&!5@,+6%2('F+3&"(&)+,1*+3&!2%&);,%=%"+&#';1-&;(&;%(;*1-&
0(&P%"(&!"&-15(M&9("*,1&#+&#%"(Z)(&.)*("(2*(&)+&)*10%(F(&'#(')*+&2*%%"6+3&"1&/'&5'%&?,(2%M ".)*,13&0',&'/4"0&/($%#.-(&7.,5'*(&0%"&5'*(,%%&)1@*%-(&#(-(%&7%F%#(3&,+54"&%5;(,#(;*%@%-(&.,?'"(-.,&
H1".2*%"6(-(&#1&;,%/%,(&-'&1"%/(,)&2%&/%'6+&#.")*%*1%(&.&2*%%"6+3&;("*,1&#+&7(".5("(-(&)(&;,.01#& ".')*,(&)("F.,%'-(8&K(&!"*,%)*('F+&#4"0&"(&/+0&2%&"(&7'#&#1".)#1*+&;,(F("6'&-.,&;,%"&5%#%&)(5"(A&
/(2"%#&01;+&'#(-('2%&-(?%3&".,5(&7%L(3&01;+&#',(&)(&0()7+2.',+&/%'6'8&a,&.&)15+&0(&-(?%&#(&;,%/()#& *,.)"%*1,%&0(&.@%(#*(3&#%.#+"%*1,%&!"&.?-%"0+&)'1&?('53&);',?(,('&0(&-'&)%"(&'Z1"1%&;'$',3&.,%&;,%"*,:.&
'#(-('2%&7(".5("(3&;,.01)(&*.*0('1"'&!"&'#(-('2%&#."0%6%%3&7.,5('F+&.&2*%%"6+8&C',&'#(')*+&2*%%"6+&*(& )*,+71-?(,',(3&0'#+&.0'%'&()*(&!"*1"(#'*+8
;.',*+&#+*,(&I1*.,1-&*1*1,.,&7.,6(-.,&2%&-(?%-.,&)*'@%-%*(3&-'&o%%"6'&)1;,(5+3&P'*+-&#,('*.,8&c';.,*1-& ['&/("%&/,(5('3&;()*(&5%%&2%&5%%&0(&'"%3&#4"0&.5("%,('&'/'")4"0&5(,(1&;(&#+,',('&"(/+F1*+&'&
0%"*,(&.5&2%&H,('*.,1-&-15%-.,&/+F1*(&2%&"(/+F1*(&)(&"15(2*(&,(8%-%(9&H1".'2*(,('&'#()*(%&2*%%"6(3&"1& ;,.?,()1-1%&);%,%*1'-3&/'&'=1"?(&)+:%&/'0+&2%&)+:%&'10+&;(&#(%&0%"&-15('3);'6%'-+8&9,%"&#."#("*,',(&
*(&/'&5'%&-+)'&)+&#'F%&!"&?,(2('-'&'*4*.,&@+"1%(-%&2%&)1;(,)*%6%%3&#(&@4"*1%(&.5("%,('8 5("*'-+3&.'5("%%&*,1;(2*%&/.,&-1'&-(?+*1,'&#1&-15('&);%,%*1'-+3&'2'&#15&/.,@%5&2%&"(&!"6(-(?(5&'F%&
H4"0&/'&'=1"?(&)+&)(&#."/%"?+&#+&5.',*('&(&1"&'#*&'@).-1*&"'*1,'-3&#'&.,%#(&"(#()%*'*(&7%F%.-.?%#+& ".%3&.'5("%%3&!"*,(&".%8&I*1"#%3&#(%&5'%&51-6%&/.,&#,(0(&!"&(L%)*("6'&);%,%*1-1%&/(2"%#Z&"(51,%*.,3&
:&7%%"0&.&*,(#(,(&"(#()',+&0%"*,:.&7.,5+&0(&*,'%&!"*,:'-*'&:&.51-&"1&/'&5'%&#+0('&!"&?,(2('-'&0(&'&@.#%& '*1"#% & /., & !"6(-(?( & *'%"(-( & "'2*(,%%3 & '-( & /%(6%% & 2% & '-( & 5.,6%%3 & 2% & 5.*%/1- & ;("*,1 & #',( &P'*+- & #(,()#&
F%-(&2%&'"%&;-(#',('&!"&-15('&%"/%F%@%-+&'&#(-.,&0,'?%8&S-&/'&2*%&#+&01,(,('&)'&;,.01#(&/%@,'6%%3&'&#+,.,& 9.;1-('F+&0%"&/(2"%#%(&);'6%%-(&%"7%"%*(&#1&5%-%',0(&0(&#.,;1,%&#(,(2*%8&C',&;4"+&'*1"#%3&0.',&'#(%&
1"0(&(*(,%#(&)*,+@'*&);'6%%-(&0%"&=1,1-&;+54"*1-1%8&I#()*(&1"0(3&'/4"0&.&'"15%*+&7.,6+3&.&'"15%*+& .'5("%&'1&0',1-&0(&'&'1F%&2%&/(0('&-15('&);%,%*1'-+&#1&-.#1%*.,%%&)+%3&':<&#+,.,&);%,%*&'&,(/("%*&0(&
-1"?%5(&0(&1"0+3&5(,?&2%&)(&'0,()('F+&0%,(#*&#(-1%&;-(#'*&0%"&-15('&7%F%#+3&;,.01#4"0&')1;,'&-1%&.& *.',*(&51-*(&.,%&-'&/%'6'&*,1;(')#+3&*,(F%"0&;,%"&)17(,%"6+&-'&.&#."2*%%"6+&)1;(,%.',+&)#4"*(%'&0%/%"+&
%5;,()%(&;("%@%-+8&K+,5'"1-&);%,%*3&"%#%&"1&2%:'&,(/("%*&@%"(&0%"&F+;+#('-'&*,(#(,%%&;(&;.',*'&5.,6%%&2%& 0%"(%&:&5%(F1-&);%,%*1-1%&-.,3&#',(&'&0.@4"0%*&1"&?,'0&!"'-*&;(&)#','&(/.-16%(%8&H$(54"0&5("*'-&;(&#(%&
()*(&#.;-(2%*&0(&*,%)*(6('3&0(&/%@,'6%%-(&)%56+5%"*(-.,&0(&01,(,(3&='-(&2%&0(F"+0(=0(&'-(&#(-.,&,+5'2%&!"& %1@%6%3&'#(2*%&#-',/+F+*.,%&)(&;.*&!"*,(6%"(&#1&(%3&;,%5%"0&,+);1")&-'&!"*,(@+,%3&!"&-%5%*'&;(,5%)+&.(&
-15('&7%F%#+8&I#(')*+&01,(,(&!-&F?101%(&'*4*&0(&51-*3&!-&*1-@1,+&'*4*&0(&;1*(,"%#3 )1;(,%.,%%&("*%*+6%-.,&);%,%*1'-(&#1&#',(&#.51"%#+8
YX >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&:&C,%7'&#',*( J2',*(' YY

a,%#(&#.51"%#',(&7+,+&!"/.%,(&;,('-'@%-+&()*(&;(0(;)%*+8&[.%&0'&1"&(L(5;-18 H4"0&.51-&(&?'*'&)+&*,('#+&0%"&/%'6'&;+54"*(')#+&!"&/%'6'&#(,(')#+3&)(&.@)(,/+&)*%"?(,('&*,(;*'*+&
P,+%'&!"&p1#1,(2*%&1"&#(*+6('"&#',(&01#('&.&/%'6+&#15%"*(&2%&,(*,')+3&0%"&5.0()*1-&)+1&/("%*8& '&71"#6%%-.,&/%*'-(3&0(2%&.,?'"(-(&7'#&5',%&)7.,6+,%&;("*,1&':2%&!"0(;-%"%&!"&#."*%"1',(&,.-1-8&H'1F'&
9.*,%/%*&*,(#1*1-1%&)+1&);%,%*1'-3&C.5"1-&<:'&!"/,(0"%#%*&#1&0',1-&'1F1-1%&);%,%*1'-8&9(&/,(5('&#4"0& ,(01#(,%% & *,(;*'*( & ' & ;1*(,%-., & *,1;1-1% & )( & 0'*.,('F+ & #.,;1-1% & /%*'-3 & !"*,(6%"+*.,1- & /%(6%% & *,1;(2*%3&
(,'&(-(/&-'&2#.'-'&#.5(,#%'-+&0%"&p1#1,(2*%3&'/('&1"&#.-(?&#1&#',(&)(&!"6(-(?('&7.',*(&@%"(8&I#()*& )*%"?4"01:)( &#'&. & #'"0(-+ &!"& #',( &):' &#.")15'*& 1"*0(-(5"1-8& H.,;1- &/%*'-& "1 &5'% &',(& /%*'-%*'*(&
#.-(? & ' & ;+,+)%* & 0( & *4"+, & /%'6' & *(,()*,+3 & !"*.,#4"01:)( & !" & -15(' & );%,%*1'-+8 & R"*,:. & )(',+3 & 5("*'-1-& )17%#%("*+3&;("*,1&#+&"1&5'%&;,%5(2*(&%"7-1L1,%&)17%#%("*(&0(&-'&)17-(*1-&,(*,')&*,(;*'*&0%"&#.,;1-&7%F%#3&
#(*+6('"1-1%&7%%"0&-%@(,&2%&-%"%2*%*3&'10(&B?-')1-E&7.)*1-1%&)+1&#.-(?&:&-.#1%*.,&'-&H(,1-1%&:&#',(&!%&'01#(& !"&#'F&0(&'##%0("*3&'#()*&;,.#()&()*(&)#1,*&2%&,';%03&%',&!"&#'F&0(&@.'-+3&)-+@%#%1"('&7%F%.-.?%#+&!-&
-'&#1".2*%"6+&#+&!"&#1,4"0&/'&'/('&.&5',(&"(51-615%,(3&0(&1"0(&"%#%&"1&)(&'2*(;*+Q&2%&'"15(3&7,'*(-(& #1;,%"0(&;(&.5&#1&.&0(,1-',(&5'%&-("*+8
!-&/'&0'&!"&=10(#'*+3&#(,4"01:%&.&;,(*%")+&)15+&;(&#',(&',&7%&;,%5%*:.&0(&-'&5'5'&-1%3&!"'%"*(&0(& H4"0&.,'&5.,6%%&'&)1"'*3&"%#%&.&;1*(,(&0%"&-15(3&"%#%&.&2*%%"6+&.5("(')#+&"1&5'%&;.'*(&!5;%(0%#'&
5.',*(' & '#()*(%'8 & !"*,:'0(/+,3 & ;()*( & #4*(/' & F%-( & ;,%5(2*( & #%*'6%( & 0( & #$(5',( & !" & =10(#'*+3 & 0',& ;-(#',('&);%,%*1-1%&0%"&-15('&7%F%#+&2%&*,(#(,('&-1%&!"&-15('&);%,%*1'-+8&!"&5.5("*1-&#4"0&;(,%);%,%*1-&
"((L%)*4"0&"%#%&.&;,.@+3&7,'*(-(&;%(,0(&;,.#()1-8 !"#(;(&)+:2%&0()7'#+&-(?+*1,%-(&0(&#(-1-(-(&*,1;1-1%3&)(&)%5*&71,"%#+*1,%&!"&*+-;%-(&;%#%.',(-.,8&P,(;*'*3&
S"*%*'*('&);%,%*1'-+&'&7+#1*&'#(')*+&#.51"%#',(&#1&0(&-'&)%"(&;1*(,(3&7+,+&;(,5%)1-&)1;(,%.,1-1%& ;(,%);%,%*1-&)(&,(*,'?(&0%"&;%#%.',(&2%&54%"%8&[%*'-%*'*('&;+,+)%"0&(L*,(5%*+6%-(&*,1;1-1%3&'#()*('&)(&
)+18&T,5',('&'&7.)*&#+3&;("*,1&?,(2('-'&)'&'&7.)*&=10(#'*+&2%&#."0'5"'*+&-'&.&".1+&!"*,1;',(8&I&*,(#1*& ,+#()# & 2% & !2% & ;%(,0 & )(")%@%-%*'*('8 & 9(,%);%,%*1- & )( & ,(*,'?( & !" & -1"?1- & ;%#%.',(-.,3 & ';.% & !" & -1"?1-&
5'%&@%"(&0(&1"&'"&2%&#(*+6('"1-&"1&'&5'%&7.)*&/%F%*'*&0%"&);'6%1&0(&;,%(*("1-&)+1&);%,%*1'-8&!"*,:.&)(',+& '@0.5("1-1%3&2%&)(&!"*4-"(2*(&!"&;%(;*&#1&;',*('&/("%*+&0%"&54%"%8&I%#%&)(&7'#(&1"&5%#&;.;')3&01;+&
!%& '10( & #1&5%,',(& 0%" &".1 &B?-')1-E8 &!"*,(@4"01:<& 0(&#(&' & -%;)%* &'*4*'&/,(5(3&;,%5(2*(& 1,5+*.,1-& #',(&,(*,'?(,('&#."*%"1+&!"&-1"?1-&?4*1-1%3&'=1"?4"0&!"&#';3&1"0(&!"#."=.',+&)%)*(51-&#(,(@,'-8&C%"&
,+);1")A&BC,'?1-&5(13&.,%#(&?,(2('-+3&#4*&0(&5%#+3&)(&;-+*(2*(3&7%(&0(&#+*,(&/.%3&7%(&0(&#+*,(&".%8&R'*+3& #'1F'&#.5;,%5+,%%&;(,%);%,%*1-1%&!"&("#(7'-3&'#()*'&0.@4"0(2*(&.&;1*(,"%#+&-15%".F%*'*(3&#(&,'0%'F+&
;("*,1&7';*1-&#+&*(:'5&;,(/("%*&0(&#(('&#(&%"*("6%."'&7,'*(-(&*+13&'5&7.)*&;(0(;)%*&)+&5+&"')#&!"&)4"1-& ;,%"&#,'"%13&7.,54"0&!"&=1,1-&)+1e.&'1,(.-+8&I#(')*+&'1,(.-+&;.'*(&7%&.@)(,/'*+3&;(&!"*1"(,%#3&0(&#+*,(&
1"(%&5'5(&'%#%3&!"&p1#1,(2*%8&I5&)*'*&!"&!"*1"(,%#1-&!"*,1;+,%%&2%&01;+&"'2*(,(3&*,1;1-&5(1&'&5'%&*,+%*& #(%&#',(&/(?$('F+&51,%@1"01-8&!"&'#()*(&5.5("*(3&.51-&(&01)3&;%(,01*&#'&!"*,:1"&/%)3&/+F4"01:2%&
#4*(/'&-1"%3&01;+&#',(&5:'5&!"*.,)3&-+)4"0&!"&-'#,%5%&2%&01,(,(&;(&)+,5'"'&5('&5'5+3&#',(&#1&5',(& 0(7%-4"0&;,%"&5("*'-&*.'*(&'#*(-(&/%(6%%3&!"*45;-+,%-(&;,%"&#',(&'&*,(#1*&2%&5'"%7()*+,%-(&)'-(&0(&#,1F%5(&
0,'?.)*(&5:'&;1,*'*&-'&)4"1-&(%8&I#15&%'*+:5+&%',&-%@(,&2%&/.%&5'%&/("%&-'&*%"(3&0',&"1&!6%&/.%&#.51"%#'& )'1&%1@%,(8&J%5%#&"1&)(&1%*+Q&%5'?%"%-(&'#6%1"%-.,&)(&0(,1-('F+&!"'%"*('&);%,%*1-1%3&')(5("('&1"1%&
"%5%#3&7+,+&!"/.%,('&#(-.,&5'%&5',%8E #%"(5'*.?,'78&!2%&/(0(&'5@%6%%-(&"(!5;-%"%*(&)'1&)1##()1-&.@6%"1*3&/(0(&,(#1".2*%"6'&#(-.,&;(&#',(&%:'&
54"?4%'*3&)'1&1,'&#(-.,&;(&#',(&%:'&7+#1*&)+&)17(,(8&K(&/(0(&'2'&#15&()*(&!"&,('-%*'*(&:&"1&5'%&()*(&"%#%&
&''''''2:)))))))2:
@.?'*1-3&"%#%&)+,'#1-3&"%#%&!5;+,'*1-3&"%#%&6+,'"1-3&#%&.51-&#1&5(,%*(&2%&?,(2(-%8
9'".,'5'&!"*,(?%%&/%(6%&*(,()*,(&)(&0(,1-('F+&71-?(,+*.,3&01;+&#',(&);%,%*1-&()*(&#1;,%")&0(&.&'5"(F%(&
I&"(?'&()*(&12.,&2%&#.5.08&H15%"*(&()*(&#'&'*1"#%&#4"0&'1F%&0();,(&.&;,.@-(5+&#',(&0(;+2(2*(& #.5;-(*+3&0(&.&!"*1"(#%5(3&0(&.&%"#."2*%("6+&0()+/4,2%*+8&!"/(-%*&0(&;(,%);%,%*3&);%,%*1-&)( &)*,(#.',+&
)7(,'&#1".2*%"6(-.,&*'-(&)'1&0();,(&1"&7(".5("&#(&6%&)(&;',(&%(2%*&0%"&#.51"3&)+&);1%A&B9.'*(&.&7%&'2'M& '7',+&;,%"&#,(2*(*1-&#';1-1%3&)1@&7.,5'&1"(%&#(*(&'-@1,%%3&#(&)(&!"'-6+&);,(&*'/'"1-&!"#+;(,%%8&S"*%*+6%-(&
[.%&#(,#(*'3&2%&/.%&'/('&.#'F%'&)+&5+&#."/%"?8E&C',&"1&6%:(&;(,5%)&#'&7+,+&"%#%&1"&)*10%13&7+,+&"%#%&.& );%,%*1'-(&%"7(,%.',(3&5'%&5'*(,%'-%)*(3&;+,+)()#&*,1;1-&;,%"&?1,+3&.&0'*+&#1&1-*%51-&)1);%"8&C1;+&((&
#(,#(*',(3&)("*("6%.)3&)+&);1%A&BS&%5;.)%@%-M&I#(')*+&'7%,5'6%(&"1&()*(&)(,%.')+3&"1&()*(&#1".)#1*+&0(& !"*,('?'&5')+&7-1%0%#+&'&;(,%);%,%*1-1%&):'&0(?'='*&0%"&#.%;1-&7%F%#3&)(&'01"+3&)(&#."#("*,('F+&2%&%'&
2*%%"6+ME 7.,5'&*,1;1-1%&#(&!2%&)74,2(2*(&/%'6'8&!"&7%"(3&#.,0."1-&)(&,1;(&2%&);%,%*1-&!2%&%'&F@.,1-&);,(&,(?%1"%-(&
I5&2*%1*&".%&#(/'&0();,(&(L%)*("6'&5%#,.@%-.,3&#',(&7%%"0&'*4*&0(&5%#%&:&*,(%:2';*(&5%%5%&0%"*,:1"& )1@*%-(&'-(&);'6%1-1%3&*,(#4"0&;,%"&*'/'"3&;(,(*(&)'1&7(,(')*,+3&7+,+&"%#%&.&0%7%#1-*'*(8
5%-%5(*,1&:&"1&)(&;.*&/(0('&#1&.#$%1-&-%@(,&"%#%&!"&';+3&"%#%&!"&'(,3&"%#%&;(&#.,;1,%-(&)'1&.@%(#*(-(&0%"& 94"+&#4"0&"1&):'&,1;*&#.,0."1-&7-1%0%#&:&)17-(*1-&7%%"0&-(?'*&0(&#.,;1-&7%F%#&:&)%)*(51-&#(,(@,.);%"'-&
=1,1-&".)*,1D&J1M&9("*,1&#+&.#$%1-&".)*,1&"1&;(,#(;(&0(#4*&;4"+&-'&.&'"15%*+&-%5%*+8&a,&#.,;1-& 5'%&71"#6%."('F+3&/.,@%,('&)(&5'"%7()*+&)1@&/.%"6'&);%,%*1-1%&(L*(,%.,%F'*&2%&51,%@1"01-&);1"(&#+&
/%(61%*.,1-1%&7%%"0&)1@&'#(')*+&-%5%*+&(&*,'");',("*&2%&,'F(-(&0(&-15%"+&*,(#&;,%"&(-&2%:<&)#'-0+&!"*,:1"& /(0(&!"&#'5(,+3&!"&=1,1-&)+13&7%%"6(&7-1%0%#(3&!"&#',(&!2%&,(#1".'2*(&;+,%"6%%&)'1&;,%(*("%%3&;-(#'6%&0(='&
.#('"&0(&-15%"+&0%"&#',(&#'1F+&@%(*1-&".)*,1&.#$%&"1:<&5'%&/(0(8&H4"0&):'&0()#.;(,%*&5%#,.)#.;1-3& 0%"&-15('&*(,()*,+8&T"(.,%&!"*,(6%"(&#."/(,)'6%(&#1&(%3&%',&#(%&0(&7'6+&')#1-*+3&)(&1%*+3&0',&"1&/+0&
#',(&5+,(2*(&0(&5'%&51-*(&5%%&0(&.,%3&'5&'7-'*&0(&(L%)*("6'&'#()*.,&/%(61%*.',(3&2%&0(&'*1"#%&):'1&)#,%)& "%5%#8&I#()*(&7%%"6(&%"/%F%@%-(&:&0%"*,(&#',(&1"'&()*(&#+-+1F'&!"&".1'&/%'6+&);'6%'-+&:&'1&/("%*3&0%"&
5%%&0(&;'?%"%&0();,(&/%'6'&2%&7.,5'&-.,3&0();,(&'#*%/%*'*('&-.,&5'-(7%#+&)'1&@("(7%#+8 %1@%,('&#(&.&;.',*+&#(-1%&#',(&;+,+)(2*(&;+54"*1-3&)+:<&'=1*(&-'&0()*,1;',(&2%&';.%&)+:<&#."01#+&!"&
G'&7(-&)(&;(*,(#(&#1&("*%*+6%-(&);%,%*1'-(3&.51-&"1&-(&/(0(&0',&#1&*.'*(&'#()*('&(-(&(L%)*+8&G15('& ".1'&)'&#+-+*.,%(8&!"&7%"(3&.&,();%,'6%(&;,.71"0+3&1"&)1);%"&'04"#&()*(&)(5"1-&)(;',+,%%&#.5;-(*(&'&
*(,()*,+&0(&'F%3&/'&7.,5'&54%"(&;(&#('&);%,%*1'-+&0%"&);'6%18&J.%&*,%5%*(5&!"&);'6%1&5.,6%%&".2*,%3&%',&#%& );%,%*1-1%&0(&*,1;8&!"&'#()*&5.5("*&%"%5'&!2%&.;,(2*(&'#*%/%*'*('8&P.*1-&):'&%);,+/%*8&a51-&,('-3&#(-&
"( & *,%5%* & ".%%:"+)#16%8 &I& ).)%* & *%5;1- & #' & ;( & -4"?+ & #1".2*%"6(-( & ,(7(,%*.',( & -' & 5'*(,%'Z7%F%#+3 & )+& /(2"%#3&2%:'&;+,+)%*&$'%"'&*,1;(')#+3&):'&(-%@(,'*&0%"&)*4").',#'&5'*(,%(%8
#1".'2*(5&2%&7%%"6(-(&);%,%*1'-(3&,.)*1-&2%&/%'6'&#(-.,&0.1+&-15%&#',(&)(&!"*,(;+*,1"03&)(&%"7-1("6('F+& !"&'#()*&5.5("*&).-(5"3&#(%&0%"&=1,1-&5.,*1-1%&)1"*&#1;,%"2%&0(&7%.,%3&='-('&#.;-(2(2*(&)17-(*1-&
1"'&;(&'-*'&2%&)(&'=1*+&-'&')#(")%1"('&("*%*+6%%&);%,%*1'-(&;(&@#','&81%&8'#2A/&!"&/(2"%#%(3&);,(&%"7%"%*'& -.,3&;-4"?&2%&)(&',1"#+&;()*(&*,1;1-&#(&5.',(3&0',&*.*1-&(&!"&F'0',8&I#()*(&5'"%7()*+,%&)1"*&7';*(&
#1".'2*(,(&2%&;1*(,(8 "(#1?(*'*(3&;("*,1&#+&6%;(*(-(&-.,3&(L;-.F%%-(&-.,&)17-(*(2*%3&*1-@1,+&);%,%*1-&#',(&)(&0()*,1;('F+&2%&"1:%&
0'1&-%@(,*'*('&"(#()',+&0(&'&)(8)(;','&0(&*,1;3&@'&#$%',&#."*,%@1%(&1"(.,%&-'&,(#$(5',('&)'&!"&*,1;3&
;("*,1&#4*(/'&5.5("*(3&;("*,1&#'&0%"&".13&#1&5',%&)7.,6+,%3&)+&(7(#*1(F(&0()*,1;',('&$.*+,4*+8&C'#+&
-15('&',&2*%&#4*&,+1&7'#(&);%,%*1-1%&;,%"&'#()*(&/+%#+,(-%3&):',&'@6%"(&0(&-'&(-(8&C'#+&-:'5&%1@%*&#1&
I#*1-&5.,6%% '0(/+,'*&;(&'#()*&.53&)(&%5;1"(&)+&"(&)*+;4"%5&01,(,('3&)+&7'#(5&-%"%2*(&'@).-1*+&!"&=1,1-&)+13&2%&!"&
'#(')*+&*+#(,(&,(-%?%.')+&)+&"(&,1?+5&2%&)+&51-615%5&H(-1%&#',(&'&.,4"01%*&'*4*&0(&)1@-%5&#,('6%'3&!"&
'#()*& 7(-& )+&'=1*+5&("*%*+6%%&);%,%*1'-(&#',(& ;+,+)(2*(& ;-'"1-&7%F%#& )+&0.@4"0(')#+& ;1*(,%& 2%& )+ &)(&
K("F'6%%-(&#',(&;,(#(0&2%&1,5('F+&'#*1-&5.,6%%&7%F%#(&)1"*&%"7%"%*&0(&/',%'*(&0(&-'&.5&-'&.53&2%&(-(& 0();,%"0+&#1&121,%"6+&0(&*,1;1-&)+18
0(;%"0&5'%&'-()&0(&5(,%*1-3&0(&!"+-6%5('&5.,'-+&'&);%,%*1-1%&#',(&;+,+)(2*(&;+54"*1-8 K+&"1:<&;-4"?(5&;(&#(-&#(&)(&0()*,1;('F+3&;("*,1&'&)(&"'2*(&!"&-15('&#(,(')#+3&!"*,:.&-15(&1"0(&
!"&?("(,'-3&)(;',',('&);%,%*1-1%&0(&#.,;1-&7%F%#&)(&7'#(&?,'0'*3&7.',*(&-("*8&T"(.,%&'#(')*+&)(;',',(& .51-&()*(&5'%&#."2*%("*&2%&5'%&#1".)#+*.,&'-&-(?%-.,&(*(,"(3&#%&)+&"(&;-4"?(5&;(&".%3&#(%&,+5'2%&!"#+&
)(&7'#(&#1&51-*&!"'%"*('&!"#(*+,%%&71"#6%%-.,&.,?'"%)51-1%&15'"8&H1&#4*&-(?+*1,'&7-1%0%#+&0%"*,(&*,1;&2%& !"&/'-('&;-4"?(,%%3&!"&-15('&)17(,%"6(%&2%&'&!"*1"(,%#1-1%&);%,%*1'-8&K+&"1:%&5'%&;-4"?(5&;(&%1@%6%%&
)17-(*&()*(&5'%&5',(3&.51-&'-&#+,1%&*,1;&5.',(&)%5*(&.&01,(,(&5'%&5',(&2%&'?."%'&()*(&5'%&-1"?+8 ".2*,%3&;("*,1&#+&"(&/.,&/%F%*'3&2%&0%"&);'6%13&.#$%%&-.,&/.,&7%&5(,(1&!"0,(;*'6%&);,(&".%3&0,'?.)*('&2%&
9("*,1&.51-&#1&51-*(&?,(2(-%3&5.5("*1-&0()*,1;+,%%&);%,%*1-1%&()*(&;-%"&0(&7,%#+8&H(&/'&7%3&1"0(&/'& '=1*.,1-&-.,&/.,&-1#,'&;("*,1&,%0%#',('&".')*,+3&;("*,1&'&"(&)1)6%"(&!"&(L%)*("6'&".')*,+&*,%)*+&;(&'#()*&
5(,?(D&I,(&%5;,()%'&#+&!"&7'6+&%&)(&0()#$%0(&1"&'@%)3&#',(&!-&#$('5+&2%&1"0(&)(&/'&;,+/+-%8&9("*,1&#(-& ;+54"*8&S%&"(&;-4"?3&#1&0,(;*&#1/4"*3&;("*,1&#+&!"#+&":'5&*(,5%"'*&)(,%'&!"#(,#+,%-.,&2%&)17-(*1-&-.,&(&
@-4"03&5%-.)&2%&5.,'-3&5.',*('&)(&5'"%7()*+&)1@&7.,5'&1"(%&)-+@%#%1"%Q&!-&#1;,%"0(&.&;%,.*('-+3&#',(&!-& *.,*1,'*&0(&5%-'&#(&"(:.&;.',*+8&K(&)*,+01%()#&)+&!"*+,(')#+&*,1;1-&2%&)17-(*1-&".)*,13&;("*,1&'&*,(#(&#1&
*,'?(&;(&"()%56%*(&!"*,:1"&).5"&01-#(3&;-+#1*8&C(?'=',('&);%,%*1-1%&)(&7'#(&;(&"()%56%*(3&0(.',(#(&;,%"& 121,%"6+&!"#(,#+,%-(&#(&/.,&#."*,%@1%&-'&(/.-16%'&".')*,+&);%,%*1'-+8
!"0(;-%"%,('&0'*.,%%-.,&5.,'-(&"1&):'&-(?'*&;1*(,"%#&0(&;',*('&5'*(,%'-+&'&'#()*(%&-15%3&;,%"&1,5',(&'& !"&#."*%"1',(&/.%&,(0'&#.51"%#',('&1"(%&("*%*+6%&);%,%*1'-(&)1;(,%.',(3&,(7(,%*.',(&-'&'#*1-&5.,6%%8&
7.)*&)-'@&1"%*&0(&#.,;1-&)+1&7%F%#8&H4*+&-1;*+3&#4*+&'?."%(&-'&.51-&-%;%*&0(&@1"1,%-(&;+54"*1-1%3&#',(& Ba51-&()*(&@+*,4"3&0',&)+"+*.)8&I&/("%*&!")+&*%5;1-&)+:2%&;+,+)(')#+&*,1;1-8&H(&)(&;(*,(#(&!"&;,('=5'
"1&'&#1".)#1*&0(#4*&;-+#(,%-(&5'*(,%'-(3&1%*4"0&#+&(&/,(5(-"%#&;(&'#()*&;+54"*M
YZ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&C,%7'&#',*( J2',*(' Y[

'#()*1%&#(')&7%"'-D&C.,(2*(&.',(&);%,%*1-&)+:2%&;+,+)(')#+&*,1;1-&;(&#',(&<:'&',5."%F'*3&<:'&#."01)&2%& a51-&)(&*.;(2*(&#'&.&-154"',(3&2%&!"&5+)1,'&!"&#',(&!%&)-+@()#&;1*(,%-(&7%F%#(&);%,%*1-&)(&(-%@(,('F+&
#+,1%'&!%&0'*.,('F+&.&)(,%(&0(&,('-%F+,%3&0(&;-+#(,%&2%&@1#1,%%D&I"%%&):'1&)#1,)8&[%'6'&!"&#.51"3&0%"*,(& 0(&5%-%.'"(-(&0(& -(?+*1,%&"(/+F1*(3&!"".0'*(& #1& #.,;1-& )+1&7%F%#8&I)*7(-&);%,%*1-3&7%%"0& #(/'& 5'%&
*,1;&2%&);%,%*3&%:'&1"%*&!"*,:.&-(?+*1,+&0(.)(@%*&0(&;1*(,"%#+8&!"&'#(')*+&;(,%.'0+&0(&*%5;3&)17-(*1-&'& (-%@(,'*3&0(/%"(&5'%&)(")%@%-3&5'%&)("F%*%/&-'&1"0(-(&/%@,'6%%-.,&;)%$%#(&).)%*(&0%"&);'6%18
!"/+6'*&)+:2%&$,+"(')#+&/($%#.-1-&(*(,%#&)'1&#.,;1-&/%*'-3&#',(&!"&0(7%"%*%/&()*(&2%&(-&0(&"'*1,+&7%F%#+8&K(& !"#(*1-&#1&!"#(*1-3&@+*,4"1-&".)*,13&)+"+*.)&;4"+&5'%&-1"%-(&*,(#1*(3&)(&0(;,%"0(&#1&%0(('&;-(#+,%%3&
)%5*(&@%"(&!"&(-3&!%&()*(&0,'?+&/%'6'&!"&#.,;1-&)+1&7%F%#8&K(&/(0(&!5@+*,4"%*&2%&*.*12%&',&5'%&0.,%&)+& !"#(;(&)+&)(&!5;'#(&#1&%0(('&;+,+)%,%%&-1#,1,%-.,&)#15;(&-1%3&0',&5'%&'-()&)(&!5;'#+&#1&%0(('&#+&P'*+-&
*,+%')#+8&S&0,(;*&#+&"1&5'%&',(&/%.%#%1"('&2%&/%?.',('&0%"&*%"(,(6(3&0',&!"#+&(&@%"(&2%&)+"+*.)8&[,('&)+& !-&,(#$('5+&-'&S-3&;+,+)%"0&;(&#(%&0,'?%&0(&;(&;+54"*8
)(&5'%&@1#1,(&0(&7,151)(6%-(&2%&@1"1,%-(&;+54"*1-1%8&G(?+*1,'&0%"*,(&);%,%*&2%&#.,;1-&7%F%#&'&0(/("%*& !"&7%"(3&'&).)%*&F%1'&7(,%#%*+&;("*,1&#(%&#',(&)(&/.,&@1#1,'&0(&).)%,('&-1%&!"&H(,3&2%&*,%)*+&;("*,1&#(%&
'*4*&0(&;1*(,"%#+3&!"#4*&0'#+&"1&2%:',&)%56%&)-+@%*+&;1*(,('3&5(5.,%'3&/(0(,('&2%&'1F1-3&"%#%&"1&):',& 0(&;(&;+54"*3&#',(&)(&0();',*&0(&;+,%"*(-(3&7,'*(-(&)'1&;,%(*("1-&-.,8&H4"0&#(')1-&#(-&5',(&'&@+*1*3&
?4"0%&-'&'-*+&(L%)*("6+8&C(&5.',*(&"%#%&"1&/,('&)+&'10+8&[(0(3&'10(&#+&'&51,%*&#1*',(&.,%&#1*',(&:&0',& ).)()#&("*%*+6%-(&);%,%*1'-(& 0%"&7'5%-%'& )'&:& 7,'6%3&)1,.,%3& ;+,%"6%3&#.;%%&:&#',(&'1&;+,+)%*&;+54"*1-&
;',#+&'#()*&7(".5("&(&0(;',*(&0(&(-3&(L%)*4"0&0.',&;("*,1&'-6%%3&"1&;("*,1&(-3&2%&5'%&'-()3 !"'%"*('&-1%8&S-(&/%"&'*,')(&0(&*'%"%#(-(&-(?+*1,%&5'?"(*%#(&2%&0(&/%@,'6%%-(&;,%5%*(3&'7-4"0&#+&%1@%*1-&
"1&!"&#1,4"0M -.,&;+54"*('"3&()*(&?'*'&0(&'&)(&!"*.',#(&!"&H(,8&I*1"#%&(-(&#.@.',+&#'&71-?(,1-3&!-&!"#."=.',+&2%&)*'1&
o,'6%-.,3&'5&!"*,(@1%"6'*&*(,5("1-&/.)*,1&:&l'&51,%n3&0',&(-&"1&()*(&;.*,%/%*3&;("*,1&#+&.51-&"1& !"&'2*(;*',('&%(2%,%%&)'-(&0%"&*,1;8&9,%"&;,(F("6'&-.,3&;,%"&/%@,'6%%-(&#.,;1,%-.,&-.,&);%,%*1'-(&2%&;,%"&
5.',(3&#%&"15'%&!2%&;+,+)(2*(&#(-(&0.1+&!"/(-%21,%&7%F%#(&:&*,1;()#&)'1&#',"'-&2%&)(5%7-1%0%#&)'1&(*(,%#8& ,1?+#%1"('&-.,3&!"-()"()#&0()#+*12',('&);%,%*1-1%&0(&#.,;1-&7%F%#8&a&0'*+&#1&(-(&).)(2*(&2%&.&("*%*'*(&
I*4*&0(&@%"(&):'&.@%2"1%*&("*%*'*('&);%,%*1'-+&!"&#.,;1,%-(&)'-(&7%F%#(3&!"#4*&"1:%&5'%&/%"(&)+&;-(#(&0%"& );%,%*1'-+3&1"&(L;(,*&'-&);'6%1-1%3&1"&7(5%#&#(,()#/&#1&5%)%1"('&0(&'&,1;(&#.,0."1-&7-1%0%#&#(&1"(2*(&
(-(3&7%%"0&')(5("('&1"1%&.#"'23&#',(&01;+&F(#(&'"%&0(&*(5"%6+&'&1%*'*&)+&5'%&*,+%')#+&!"&-%@(,*'*(8&C',& ;(,%);%,%*1-&0(&#.,;1-&/%*'-8&S-&',(&1"&,.-&')(5+"+*.,&#1&'-&5.'2(%&/.')*,(&*(,()*,(3&#',(&*'%(&#.,0."1-&
#15&*.*1-&!"&1"%/(,)&',(&1"&)74,2%*3&'2'&2%&.51-Q&/,4"0:"(/,4"03&/'&*,(@1%&)+&;-(#(8 .5@%-%#'-&#(&1"(2*(&#.;%-1-&0(&;-'#("*'&5'5(%&)'-(8E
H4"03&!"&/%,*1*('&G(?%%&0%/%"(3&).)(2*(&*(,5("1-&0()*,1;+,%%&:&*(,5("&7%L'*&!"'%"*(&0(&5.5("*1-& .$'''/$''',$
!"*,1;+,%%&("*%*+6%%&);%,%*1'-(&:&0%"&!"+-6%5%-(&);'6%%-.,&).)(2*(&.&("*%*'*(&);%,%*1'-+3&1"&5()'?(,&);(#%'-3&
"15%*&5()*,14+*2,9&I#()*&5()'?(,&)(&';,.;%(&0(&.51-&'=1")&-'&#';+*1-&(L%)*("6(%&)'-(&;+54"*(2*%3&2%&
!"#(;( & )+:% & /.,@(')#+ & ".';*(' & : & );%,%* & #+*,( & );%,%* & : & 0();,( & 7,151)(6%-( & )7(,(-., & #(,(2*%3 & 0();,(& H.,;1-&.51-1%&)(&;.'*(&#.5;','&#1&.&#-+0%,(3&#.")*,1%*+&%"%6%'-&;(&1"&)#$(-(*&0(&@(*."&',5'*3&!"&
/,(5(-"%#%'&/%(6%%&*(,()*,(3&0();,(&2#.'-'&*(,()*,+&;(&#',(&0(.#'50'*+&'&*(,5%"'*:.Q&!%&);1"(&#+&'&).)%*& #',(&)(&!"'-6+&F%01,%&0(&#+,+5%F%3&;("*,1&'&0();+,6%&!"#+;(,%-(&!"*,(&(-(8&K#$(5'3&#'"'/'1'&*,1;1-1%&
5.5("*1-&)+&)(&,(!"*.',#+&'#')+3&!"&;'*,%'&);%,%*(-.,3&)7(,(&%"7%"%*(&0%"&=1,1-&;+54"*1-1%8&K*4"0&F%&2%& .5("()#&. &#,.%(2*(&);%,%*1-3&!"&5.5("*1-&!"#(;(,%%& .;(,(%&0(& ,(!"*,1;',(3&7.-.)%"0& 0,(;*&5'*(,%(&
".';*(&-4"?+&(-3&0()*,1;+*.,1-&!-&%"7-1("6('F+8&W%1'&!%&)1?(,('F+&%0(('&#+&/%'6'&;(&;+54"*&(&*,(#+*.',(& ;,%5+&7-1%01-&#(&!").6(2*(&#(-(&0.1+&(-(5("*(&)(L1'-(&'-(&;+,%"6%-.,8&9,%"*,(&7%,(-(&'#()*(%&#'"'/'-(3&
:&"%5("%&"1&'&,+5')&/(2"%#&'%#%3&*.6%&2%&*.'*(&/%(61%*.',(-(&*,(@1%(&)+&;+,+)(')#+3&-'&.&/,(5(3&/%'6'&0%"& )(&.,4"01%()#&#(-1-(-(&"+)#1*(&0%"&0%/%F%1"('&.1-1%3&0(F/.-*4"01:)(&#1&'=1*.,1-&5'*(,%%-.,&/("%*(&0(&
5%=-.#1- & 5'*(,%(% & 7%F%#(8 & J.';*('3 & #4"0 & );%,%*1- & !2% & ;+,+)(2*( & *,1;1-3 & 5()'?(,1- & 0()*,1;+*., & )(& -'&5'5+8&9(&;',#1,)3&);%,%*1-&!2%&5+,(2*(&,(6('1'3&0%"*,:.&5'*(,%(&')(5+"+*.',(&-1'*+&5(,(1&0(&-'&
'0,()('F+&0%,(#*&);%,%*1-1%&(/'0'*&0%"&;(2*(,'&*,1;1-1%3&);1"4"01:%A&lo,'*(3&'%&)*'*&0()*1-&!"&'#()*&*,1;& ;+,%"6%%&#.;%-1-1%3&2%&!"&'#(-'2%&*%5;&#(-1-(-(&)(&.,0."('F+&01;+&-%"%%-(&'#()*.,&7%,(8&H'"'/'1'&#,(2*(&2%&
'-&*+13&*(:'%&@1#1,'*&!"&(-3&'%&)17(,%*&#1&(-3&'#15&'&).)%*&5.5("*1-&)+&*(&,(!"*.,#%&-'&".%n8 ;','-(-&#1&('&#,(2*(&2%&*,1;1-&5%#161-1%&0%"&;4"*(#(-(&5'5(%8
I)*7(-3&F%&2%&".';*(3&);%,%*1-&@+*,4"1-1%&!"#(;(&)+&)(&#."/%"?+3&%',&F%1'3&#4"0&)(&'7-+&!"&#')'&-1%&0(& !" & ?("(,'-3 & 7%(#',( & #(-1-+ & )( & #.5;1"( & 0%" & *,(% & ;+,6%A & . &7(7A,'"+ &-' & (L*(,%.,3 & . & )1@)*'"6+&
-1*3&',(&%0(%&/'?%&#+&"1&5'%&',(&51-*&0(&)*'*&;,%"*,(&.'5("%3&',(&;,()%56%,%&#+&):'&';,.;%'*&).#.*('-'& ')(5+"+*.',(&'-@121-1%e&0(&.1 &: &-'& %"*(,%.,3 &"15%*+ &4,2*248')7' &2%&1" &5%# &#.,;&)*,+-1#%*.,& :& -'&
;+54"*(')#+&2%&!"#(;(&)+&#.51"%#(&'#(')*+&%5;,()%(&#(-.,&0%"&=1,1-&)+18&I#(2*%'&#'1*+&)+:%&#.5@'*+& 5%=-.#3&"15%* &"1#8(19 &!"&5')'&;,.*.;-')5(%&)(&'7-+&.&51-6%5(&0(&?,'"1-(&5%#,.)#.;%#(3&"15%*(&
;,()1;1"(,%-(3&)+:<&!"#1,'=(F(3&0(2%&/+0&2%&(%&'0(/+,1-3&#(-&%1@%*&)(&*.;(2*(&0%"&F%&!"&F%3&)(&)*%"?(&#'&.& 7%#(8%%9
#'"0(-+&#(&2%:'&#.")15'*&1-(%1-8 P.*'-%*'*('&,(6(-(%&;(&#',(&()*(&#-+0%*&*,1;1-&".)*,1&7.,5('F+&#.,;1-&/%*'-8&U'*(,%'&#.,;1-1%&/%*'-&
K-+@%#%1"('&.51-1%&@+*,4"&"1&;,./%"(&0(&-'&)1?()*%%-(&)*,(#1,'*(&0(&5()'?(,1-&0()*,1;+*.,3&#%&0(& ()*(&!"*,:.&/(2"%#+&#%,#1-'6%(3&2%&'#(')*+&5%2#',(&()*(&;,./.#'*+&0(&.&5%#+&,'51,+&'&5',(-1%&#1,("*&
-'&.;(,'6%%-(&(L(#1*'*(&0(&'#()*'&5(*.0%#&2%&#1&5',(&,+@0',(8&K+&/(0(5&!"&#(&#.")*+&'#(')*+&.;(,'6%(8 #.)5%#3&#',(&#%,#1-+&;,%"&!"*,(?1-&#.)5.)&2%&!"&*.*&#(&)(&'7-+&!"&(-8&K1@&%"7-1("6'&'#()*1%&#1,("*&/%*'-3&
[.%3&#(%&!"*,1;'6%3&/+&)1)6%"(6%3&/+&,(;','6%&*,1;1-&;,%"&')%5%-',('&'-%5("*(-.,&0%?(,'*(8&C',&2%& #(&#.")*%*1%(&.&51F%#+&)1@-%5+3&5%#(-%%-(&0%"&%"*(,%.,1-&;,.*.;-')5(%&)(&5%2#+3&0'")('F+&!"&=1,1-&
#.,;1-&(*(,%#&71"#6%."('F+&2%&0%"&'#(')*+&#'1F+&)(&1F('F+&2%&(-8&H15&)(&7'#(&,(;',',('3&,(?("(,',('& "1#-(1-1%8&9,%"&5%2#',('&-.,3&)(&7,('#+&0(&;,.*.;-')5'3&0',&5'%&'-()&1"(-(&0(&'-*(-(3&?("(,4"0&!"&
-1%D & H.,;1-&/%*'- &)( & ,(!"".%(2*(3& )( & ,(;',+ &;,%"&'@).,@%,(' &7-1%01-1%&)(5%5'*(,%'-3 &(*(,%#3&'7-'*& !"& #.,;1-& -., &(-(#*,%#%*'*(8&P.*'-%*'*(' &(-(#*,%#%*+6%%& 0%" &5%#(-%% & ;,.01#(3& ;,%" &%"01#6%(3&5'?"(*%)5& !"&
'*5.)7(,'&0%"&=1,1-&?-.@1-1%&/.)*,18&I#(')*+&'@).,@%,(&)(&7'#(&F%1'&;,%"&'#*1-&,();%,'6%(%3&0',&()*(& 5')'&#(-1-(%8&N,'6%(&'#()*(%&7.,6(&5'?"(*%#(3&#(-1-(-(&6%"&1"'&0(&'-*'3&)(&'*,'?&!"*,(&(-(3&2%&#.")*%*1%(&
51-* & 5'% & %"*(")+ & ".';*('3 & #4"0 & );%,%*1- & %()( & 0%" & *,1;1- & '0.,5%*3 & *,+?4"0 & 01;+ & (- & !"/(-%21,%-(& #(('&#(&)(&"15(2*(&#2(M%1"(&#(818',+9
;(,%);%,%*1'-(3&!5;,(1"+&#1&.&;',*(&0%"&#.,;1-&/%*'-8&9,%"&;1*(,('&/.%"6(%&2%&'&?4"01-1%3&);%,%*1-&'01"+& G'&!"#(;1*1-&/%(6%%&15'"(3&#(-1-(-(&)(&!"51-6()#&2%&*,1;1-&#,(2*(8&I#()*&;,.#()&)(&;(*,(#(&;4"+&!"&
0%"&'*5.)7(,'&!"#."=1,+*.',(&7-1%0&(*(,%#&7%F%#&)'1&)(5%(*(,%#3&2%&!-&%"*,.01#(&!"&#.,;1-&)+1&(*(,%#3& =1,1-&/4,)*(%&0(&Vv&0(&'"%8&T,5('F+&;(,%.'0'&#4"0&#(-1-(-(&1F'*(&)(&!"-.#1%()#&;(&5+)1,'&0%)*,1?(,%%&
)%-%"0&!"&'#(-'2%&*%5;& )+&%')+&0%"&%"*(,%.,1-&)+1&(-(5("*(-(&1F'*(3&7-1%01-&;(,%5'*8& a0'*+& '#(')*+& -.,3&2%&#'&1,5',(3&*,1;1-&,+54"(&'#(-'2%8&!"&7%"(3&/%"(&'&*,(%'&;',*(&'&/%(6%%&*(,()*,(3&#4"0&#(-1-(-(&".%&
'@).,@%,(&!"0(;-%"%*+3&01@-1-&(*(,%#&()*(&,(%"*,.01)&!"&*,1;8&9,%"&1,5',(3&.51-&7%F%#&)(&$,+"(2*(&;,%"& "1&-(&5'%&!"-.#1%()#&!"&'#(-'2%&"15+,&;(&#(-(&1F'*(&:&#.")*'*+5&)#+0(,('&?,+)%5%%3&,(01#(,('&*,(;*'*+&
0.1+&5.0'-%*+6%A&!"&*%5;1-&F%-(%&!2%&$,+"(2*(&*,1;1-&;,%"&'-%5("*(3&2%&*.*&F%1'&:&0',&#1&;,(;."0(,("6+& '&)%)*(51-1%&51)#1-',3&'&*'-%(%&*,1;1-1%&2%&';',&F@4,#%*1,%-(&;%(-%%&:&0(&'%#%&0(@%-%*'*('&#(-.,&'=1"2%&!"&
".';*('&:&!2%&$,+"(2*(&#1&7-1%0&(*(,%#&#.,;1-&/%*'-8&K;%,%*1-&5()'?(,:0()*,1;+*.,3&#',(&)*+&5(,(1&!"& /4,)*+3&"(5'%'/4"0&-'&0%);.F%6%(&0%"'5%)51-&')%?1,'*&0(&5%#(-%%-(&0%"&#(-1-(-(&"15(,.')(&'/1*(&!"&
;,('=5' & 5.21-1% & ".)*,13 & !"#(;( & )+:% & 71,( & 0%" & 7-1%01- & 7%F%#3 & !- & 0(5'?"(*%F('F+ & )'1 & 0(7-1%0%F('F+3& '"%%&;,(#(0("6%8
'@).,@%"0&0%"&(-&#'"*%*+6%&0(&7-1%0&(*(,%#8&!"&7(-1-&'#()*'3&@%(*1-&.5&5+"4"#+&F%1'&'-%5("*(&7%F%#(3&)(& H(-1-(-( & #',( & )( & ,(!"".%()# & ;( & . & 0%)*'"6+ & 5',( & 0( & *%5; & 2% & )( & ,(01# & 1-*%5(-( & )1"* & #(-1-(-(&
$,+"(2*(&".';*('&#1&7-1%0(&5'?"(*%#(Q&0',&#(&7.-.)D&;("*,1&#+&0()*,1;+*.,1-&!%&%'&.&#'"*%*'*(&5'%&5',(& "(,/.')(8&C%"&'#(')*+&#'1F+3&("#(7'-1-&()*(&#(-&0%"&1,5+&.,?'"&#(&;%(,0(&#."*'#*1-&#1&;(,%);%,%*1-8
0(&7-1%0&0(#4*&'@).',@(&(-&".';*('3&!"&)*',(&0(&).5"8&I2'0',&.&("*%*'*(&);%,%*1'-+&0()*,1;'*+&(L(#1*+&.& P.'*+&'#(')*+&.;(,+&0(&,(;',',(3&0(&!"-.#1%,(3&)(&7'#(&)1@&%5@.-01-3&)1@&#."01#(,('&);%,%*1-1%&
.;(,'6%( & .#1-*+ & 2% & #-'"0()*%"+ & ')1;,' & 1"(% & ("*%*+6% & );%,%*1'-( & !"*,1;'*(8 & !" & '#(')*+ & .;(,'6%( & "1 & )(& )*+;4"8&H+*,(&)74,2%*1-&/%(6%%3&)(&'-+*1,+&.51-1%&5()'?(,1-:0()*,1;+*.,3&1"&);%,%*&0%"&);'6%1&0(&1"&
'5()*(#+&"%#%&.&'-*+&("*%*'*(&);%,%*1'-+3&0(.',(#(&7%(#',(&()*(&#."2*%("*+&#+&)(&;,.#(0('F+&-'&.&7';*+& '"15%*&?,'03&#1".)#+*.,&2%&5(2*(,&!"&0()7'#(,('&-(?'*',%-.,&7-1%0%#(3&(-%@(,4"0&')*7(-&7%,(-(&7-1%0%#(&
@1"+3&2%&'"15(&-'&(-%@(,',('&1"(%&("*%*+6%&);%,%*1'-(&0%"&#+*12(-(&#+,"%%3&'-(&5'*(,%(%&7%F%#(3&2%&#+&)(& '-(&;(,%);%,%*1-1%&0(&#.,;1-&7%F%#8&I#()*&);(#%'-%)*3&7%F%#%'"&#(,()#3&7'#(&.;(,'6%'&0(&)-+@%,(&'&'0(F%1"%%&
'#6%."('F+&#."7.,5&.,0%"(-.,&)1;(,%.',(3&0'*(&!"&/%,*1*('&G(?%-.,&0%/%"(8 ;(,%);%,%*1-1%&0(&#.,;1-&7%F%#3&;("*,1&#'&-'&*%5;1-&.;.,*1"3&0();,%"0(,('&);%,%*1-1%&0(&*,1;3&)+&)(&7'#+&
#
C()*,1;+*.,1-&',&;1*('&!5;%(0%#'&')%5%-',('&0(&7-1%0(&0%"&*%5;1-&".;6%%3&0',&'#(')*'&',&!")(5"'& 1&a &5'%&5',(&121,%"6+8
I

;("*,1&01$1-&(L*(,%.,%F'*&'-&@+*,4"1-1%3&.&*.,*1,+&5'%&/%(&0(#4*&#$%"1%,('&*,1;1-1%&;,%"&7,1)*,',('&0(& R" & #'F& 0(&;-(#',( &;,%"& @.'-+3 & 7,'*(-( & );'6%'-& ,(*,'?( & F%& 0(& F% & .& '"15%*+& #'"*%*'*(& 0%"& 7-1%01-&
$,'"+&7%F%#+8&a,&'#(')*+&#,1F%5(&"1&()*(&;(,5%)+&!"&-15('&#(,(')#+3&1"0(&0.5"()#&G(?%-(&)7%"*(&2%& #.,;1-1%&/%*'-&'-&#(-1%&;,(?+*%*&)+&;+,+)(')#+&/%'6'&*(,()*,+8&!"&0,(;*1-&.,?'"1-1%&0%"&#',(&-%;)(2*(&
(*(,"(&'-(&1"%/(,)1-1%8&C(7-1%0%F',('&#.,;1-1%&7%F%#&)(&7'#(&F%1'3&)1@*%-&2%&"(/+F1*3&!"&5.0&#.")(#/("*& #'"*%*'*('&0(&7-1%0&/%*'-3&"(#()',&!"*,(6%"(,%%&5%2#+,%%&5%#(-%%-.,&#(-1-',(3&"1&)(&5'%&;,.01#(&(-(#*,%#%*'*(3&
2%& ;,.?,()%/3& 7+,+& 2*%,('&);%,%*1-1%3& ;,%F."%(,& !"&!"*1"(,%#1-& *,1;1-1%8&C(7-1%0%F',('& @,1)#+& "1& ()*(& >% & 0(#% & "%#% & 5'?"(*%)58 & C%" & '#(')*+ & #'1F+3 & )-+@(2*( & /%*'-%*'*(' & .,?'"1-1% & ,();(#*%/3 & !"#(;(&
;(,5%)+3&'#(')*'&;,.01#4"01:)(&0.',&!"&#'F&0(&'##%0("*&)'1&)%"1#%0(,(8 0(F.,?'"%F',('&)'&2%&#(-1-(-(&"1&5'%&'1&7.,6'&"(#()',+&71"#6%."+,%%&-.,8&R"&7%"(3&1"(.,%&';',&'%#%&2%
Y\ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&a&C,%7'&#',*( J2',*(' YT

/%(*+6%&5%#,.)#.;%#(3&/%,12%3&#',(&0()+/4,2()#&.;(,'&0%)*,1?(,%%&#(-1-',(8&K-+@%#%1"('&71"#6%."'-+&'& $''''$''''$
'#()*1%&.,?'"&;,.01#(3&;,%"&%"7-1("6+3&.&;(,*1,@',(3&.&*1-@1,',(&2%&!"&'-*(&.,?'"(&%"*(,"(&2%&')*7(-&*.*&
*,1;1-&)-+@(2*(&!"&;1*(,%&%',&.51-&)(&*.;(2*(&#'&2%&#(','&-'&;','&7.#1-1%8&H4"0&):'&!5;-%"%*&*(,5("1-& SL%)*+&#'F1,%&#4"0&1"&@+,@'*&)'1&.&7(5(%(&)1"*&!"*,1;+,%&'-(&1".,&7,15.')(&-15%"%&#(,(2*%8&!"&
01,(,%%&2%&54$"%,%%&-'&#',(&*,(@1%'&)1;1)3&%"*(,/%"(&5()'?(,1-:0()*,1;+*.,&2%&0();,%"0(&1-*%5(-(&7%,(& '#()*&#'F&)(&)*'@%-(2*(&.&#."/(,)'6%(&0(&-'&);%,%*&-'&);%,%*3&1,5'*+&0(&.&!"6(-(?(,(&!"*,(&);%,%*1-&5()'?(,&
'-(&-(?+*1,%%&#1&'#()*&#.,;&7%F%#&,(01)&2%&7+,+&;1*(,(8&S"*%*'*('&);%,%*1'-+3&)#4"*(%'&!").6%*+&0(&;(,%);%,%*1-& 0()*,1;+*.,&2%&);%,%*1-&!"*,1;'*3&'=1")&-'&7%"(-(&(L%)*("6(%&*(,()*,(8&!"&1,5'&'#()*(%&!"6(-(?(,%&.;(,'6%%-(&
)+13&%()(&!"&'7','&#.,;1-1%&)+1&7%F%#&@.-"'/3&!"*,(6%"4"03&0(&-'&0%)*'"6+3&/%'6'&*,1;1-1%&,1%"'*&0(&@.'-+8& 0()*,1;+,%%&0(#1,?&!"&5(0&".,5'-&2%&*,(;*'*3&;,%"&@1"'&!"/.%,(&'&("*%*+6%%&);%,%*1'-(&!"*,1;'*(8
C%"&'#()*&5.*%/&5.',*('&'#()*1%&.53&-'&.,'&#('&)74"*+3&)(&7'#(&12.,8&K:'&)*%")&/%'6'&0%"&(-3&F%&#1&F%3& !"&1"(-(&#'F1,%&);%,%*1-&!"*,1;'*&):'&'*'2'*&'*4*&0(&*',(&0(&/%'6'&2%&@1#1,%%-(&;+54"*(2*%3&!"#4*&"%#%&
#(')&#1&#(')8&T"&1-*%5&(7.,*&2%&*.*1-&):'&%);,+/%*8 "1&/,('&)+&'10+&0(&;+,+)%,('&*,1;1-1%3&#',(&!%&;,.#1,+&'*4*('&;-+#(,%&-15(2*%8&K:'&.@%2"1%*&!"&(-&2%&!%&
$'''0!"""$
;-'#(&'%#%&;,%"*,(&.'5("%%&*,1;(2*%8&C',&-(?('&(&-(?(3&2%&(-&*,(@1%(&)+&)(&!"*.',#+&!"&5',('&;'*,%(&
#(,(')#+3&#+#%&'&).)%*&*%5;1-&,(#.-*+,%%&,.'0(-.,&)(5+"'*(&;(&;+54"*&!"&(L%)*("6'&)'&*(,()*,+8&H'&
1,5',(&'& 0%);.F%6%(%&)'-(&)17-(*(2*%3& (-& )( &.;1"(3& "1&/,('&)+ &,(/%"+& -'& /%'6'&/(2"%#+3& "1& /,('& )+&
U.',*('&;,%"&)%"1#%0(,(&',(&1"&'-*&');(#*8 ;+,+)(')#+&/%'6'&*(5;.,',+8&!"&'#()*&#'F3&5()'?(,1-:0()*,1;+*.,&!2%&%5;1"(&/.%"6'&2%&;1*(,('3&#1&51-*&
9("*,1&'&2*(,?(&#4*&5'%&51-*&0%"&-%)*'&?,(2(-%-.,&7+#1*(&!"&'-*(&/%(6%3&01$1-3&!"#,(F1*&!"&;1*(,%-(& )1;(,%.',(3&.&-1;*+&0(&"'*1,+&5("*'-+&2%&7-1%0%#+&)(&'"?'=('F+&!"*,(&#(%&0.%3&0%"&#',(3&0()%?1,3&#(-&
)'-(3 & 4 & #(,1* & o.,1-1% & )1;,(5 & . & /%'6+ & ?,('3 & ;-%"+ & 0( & @.-%3 & 01,(,% & )17-(*(2*%3 & '5+,+#%1"% & 2% & -%;)1,%& )1;(,%.,&:&5()'?(,1-:0()*,1;+*.,&:&/'&%(2%&!"/%"?+*.,8&!"&#(-(&0%"&1,5+&("*%*'*('&);%,%*1'-+&!"*,1;'*+&
5'*(,%'-(&0(&*.*&7(-1-8&[("%"0&=.)3&#'&.53&'&1%*'*&:&#."7.,5&G(?%%&:&#(('&#(&(-&!")12%&'&#(,1*3&2%&!"& )(&/'&)1;1"(&2%&/'&*,(@1%3&/,4"0:"(/,4"03&)+&;+,+)(')#+&*,1;1-&2%&/%'6'&*(,()*,+8
'#(')*+&(L%)*("6+&*(,()*,+&.7*('F+3&;-4"?(&2%&#,(0(&#+&()*(&"+;+)*1%*&0(&).',*'&%5;1)+&0(&P'*+-&0%/%"8 C(&51-*(&.,%3&!"&-.#1-&7.,6(%3&)(&7'#(&1F&0(&0%;-.5'6%(3&2%,(*("%(3&0(&.&.',(#',(&5.5('-+8&!"&'#()*&
C1;+&.&/,(5(3&%&)(&;',(&#+&"1&5'%&;.'*(&!"01,'&'#(')*+&/%'6+&2%&#,(F4"0&#+&0'#+&/'&;%(,%&0(&;(& )#.;3&!"&'7',+&0(&7,'*(-(&5%)%."',3&)1"*&*,%5%2%&!"&=1,1-&#'"0%0'*1-1%&R'&5.',*('&7%F%#+3&%1@%6%%&)+%3&
',("'&/%(6%%3&/'&)#+;'&2%&0(&5%F(,%'&(%3&)(&)%"1#%0(8&['%3&"(7(,%#%*1-&0(&(-M&9,%"&'#*1-&)+1&"().#.*%*3&;,%"& !"*.,2%&!"'%"*('&-1%&0%"&;-'"1-&7%F%#8&S%&/%"3&2%&0'#+&"1&5'%&'1&7.,5+&15'"+3&'01"+&5'*(,%(&7-1%0%#+&2%&
0(F(,*',('&)'&0(&-'&2#.'-'&/%(6%%&;-'"(*',(3&#(,1*+&2%&/.%*+&0(&(-&;,%"&-%@(,1-&)+1&',@%*,13&'&!"#+-#'*& !2%&7'@,%#+&1"&#.,;&7-1%0%#3&')(5+"+*.,&#1&#(-&'/1*&!"&/%'6'&*(,()*,+&;,(#(0("*+3&#1&!5@,+#+5%"*('&;(&
G(?(' & 0%/%"+3 & #',( & %"*(,F%#( & 0%)*,1?(,('8 & C%" & '#()* & 5.*%/ & (- & /' & )17(,% & 2% & 5'% & ?,.'F"%# & !" & /%'6'& #',(&'1&;1,*'*:.8&o%F%.".5%'&2%&7.,5'&*,1;1-1%&-.,&.&;+)*,('F+&;(,7(#*&!"&5(5.,%'&-.,&);%,%*1'-+3&2%&-'&
#(,(')#+&2%&!"&/%(6%-(&-1%&*,1;(2*%&/%%*.',(8 "(/.%(&.&?+)()#&!",(?%)*,'*+&!"&',$%/'&);%,%*1'-+&'&;-'"(*(%&".')*,(8&a&0'*+&#(&'1&-1'*&!"7+6%2',('&
C1$1- &.51-1%& #',(& 2%:'&0%)*,1) &*,1;1-3 &%")*,15("*1- & .,4"01%*&0( &P'*+- &0%/%"&#' &)+:< & '=1*( &!"& 1-*%5(%&-.,&!"*,1;+,%3&/%"&2%&)(&','*+&);%,%*1-1%&#'"0%0'*&-'&"'2*(,('&!"&-15('&);'6%%-.,&2%&)*'1&*.'*+&
!"/+6',('&%1@%,%%3&/'&,+54"(&;(&-4"?+e#'0'/,1-&)+1&;4"+&!"&F%1'&#4"0&',&7%&*,(@1%*&)+:<&;+,+)(')#+&!"& ".';*('&0(&/.,@+3&'01#4"01:%&'5%"*(&#1&51-*+&01%.2%(&0(&#(%&0,'?%3&*,(F%"01:%&!"Z&)17-(*&0.,1-&01;+&
5.0&7%,()#3&#."7.,5&0()*%"1-1%&)+18&!"&*.*&'#()*&*%5;3&(-&/'&,(;(*'&5(,(1&'#*1-&)%"1#%0(,%%3&;4"+&-'& (%8&W%-(-(&*,(#3&0.,1-&01;+&#(%&0,'?%&)(&%"*(")%7%#+&2%&01;+&1"&*%5;3&);%,%*1-&)(&0(#%0(&)+&"1&)(&5'%&
"(@1"%(3&;4"+&-'&(L');(,',(3&;,./.#4"01:%&01,(,%&'*,.#(3&0(&"(!"#$%;1%*8 '?'*(&#1& 0%);(,',(&0(& 5'*(,%'&#',"'-+3&0(&*,1;1-& !"& #',(& 2%:'& 01) & '*46%'& '"%& "(".,.#%*'& (L%)*("6+&
$''''$''''$ *(,()*,+8
,$'''0!"""$
H46%&.'5("%3&'*4*('&7(-1,%&0(&'&;+,+)%&*,1;1-&-'&.,'&7'*'-+8&R'*+&.&7(5(%(&0(/("%*+&5'5+3&0',&('&"1:
2%&')15+&,();.")'@%-%*'*('&0(&'&*,(#(&;,%"&;,.#()(-(&7%F%.-.?%#(&'-(&)',#%"%%&2%&1,5+,%-(&(%8&J1&/,('&)+&
"')#+&2%&)+&)(&!"#',#(&#1&"(;-+#(,%-(33&?,(1*+6%-(&2%&,();.")'@%-%*'*('&'-+;*+,%%3&/(?$(,%%3&#,(2*(,%%&2%& SL%)*+&)%*1'6%%&#4"0&0()*,1;',('&)(&7'#(&#1&.&121,%"6+&0(&#',(&)(&5%,+&#(%&0(&7'6+8&I)*7(-3&;,%"&
(01#'6%(%&#.;%-1-1%8&9,%"&1,5',(3&,(#1,?(&-'&'/.,*&:&1"&5%=-.#&@,1*'-&;("*,1&'&)#+;'&0(&(-8&K(&;.'*(& #."01%*'&#(-.,&#',(&'1&01)&.&/%'6+&#15%"*(3&)(5+"4"0&@-4"0(6(3&54"?4%(,(&2%&%1@%,(&!"&=1,1-&-.,3&
!"*45;-'& #' & 0%"&#'1F' &'#()*., &0(5(,)1,%3 &/.%*(&0( & ('3& )+ &5.',+8 &S/%0("*3& !" &'#()*&#'F& 5.',( & 2%& );%,%*1-& 2%&;(,%);%,%*1-&)(&'7-+&0(='&!"&'7','& *,1;1-1%3&#."01#4"01:<&0%"&(L*(,%.,3 &;,%"&%"*(,5(0%1-&
#.;%-1-8&C',&#(&0%7(,("6+&!"*,(&5.',*('&1"1%'&2%&'&#(-1%-'-*3&'&5'5(%&7%%"0&(#$%/'-("*+&#1&)%"1#%0(,('3& #.,;1-1%&/%*'-8&G'&.,'&7'*'-+3&-'&.,'&#('&)74"*+&"1&5'%&,+54"(&0(&7+#1*&0(#4*&.&5%#+&)7.,6',(&2%&);%,%*1-&
%',&#.;%-1-&7%%"0&/%#*%5'&5'5(%8&K;%,%*1-&#.;%-1-1%&)(&0();',*(&#1&121,%"6+&0(&(5@,%."1-&0%"&;4"*(#(-(& 1,5'*&0(&)17-(*&)(&0();,%"0(&0(&*,1;3&-14"01:2%&F@.,1-&!"&);'6%18&c.-1-&5()'?(,1-1%:Z0()*,1;+*.,&'&
5'5(%3&-(?+*1,%-(&7%%"0&;16%"(&2%&)-'@(8&!")+3&);%,%*1-&5'5(%&%()(&0%"&#.,;1-&)+1&7%F%#&:&"(;,(?+*%*&0(& 7.)*3&!"&'#()*&#'F3&7.',*(&,(01)8&a&)%5;-+&7.,5'-%*'*(&-(?'-+3&*+%"0&"15'%&#.,0."1-&7-1%0%#3&#',(&'@%'&
5()'?(,1-:0()*,1;+*.,&:&#1&5',(&?,(1*'*(3&#1&5',%&)7.,6+,%3&0%"&#',(&#'1F+&',(&.&'?."%(&)742%(*.',(8& 5'%&6%"('&#';*%/&)17-(*1-&0(&*,1;8&a'5("%%&'#(2*%'&*,(#&0(&-'&/%'6'&*,1;(')#+&-'&#('&);'6%'-+&#'&!"*,:1"&
C',&"1&"15'%&'*4*Q&);%,%*1-&5'5(%&*,(@1%(&)+&!"6(-('?+&?,.F+/%'&7';*(%&#.5%)(8&C%"&'#()*&#.")%0(,("*3& /%)3&7+,+&"%#%&1"&F@1#%153&7+,+&"%#%&.&01,(,(Q&):'1&!"*.,)&;(&;',*('&#('-'-*+3&'1&.7*'*&2%&'1&;-(#'%8
G(?('&0%/%"+&'&).,*%*&#'&);%,%*1-&)+&)*('3&#'&!"&#'F1-&)%"1#%?'2%-.,3&-4"?+&#'0'/,13&,()%56%"0&01,(,%-(&0(& a&0();,%"0(,(&12.',+&0(&*,1;&.&'1&2%&#(%&%0%.6%3&.,@%3&#.#.2'6%3&)#$%-.F%&(*#8&K*',('&-.,&7%F%#+&:/.%*+&
"'2*(,(& '-(& 1"(%& 5'5(3 & 01,(,%& ,(;(*'*(& ;4"+& !"& F%1' &7%L'*+& !"& 0()*%"1-& #%3 &#' & 7%%"0 &0'*'& ;+,+)%,%%& 0(&(%&)'1&'##(;*'*+3&;(&#4"0&(,'1&!"&);'6%1&0%7(,+&;(&;+54"*&0(&#('&'&5'=.,%*+6%%&.'5("%-.,3&;,./.#4"0&
#.,;1-1%&7%F%#8&J15'%&,1?+#%1"('&7%(,@%"*(&#+*,(&H(-&I*.*;1*(,"%#&:&'&(%&)'1&'&#(-.,&,45'2%&!"&1,5'&(%&:& !" & '04"#1- & )17-(*1-1% & -., & . & 5',( & 54$"%,(3 & . & "(?,+%*+ & 01,(,( & )17-(*(')#+8 & I#(')*+ & )*',( & 7%F%#+&
.&;.*&121,'&0%"&'#(')*+&*.,*1,+&0(&"(!"#$%;1%*8&P,(;*'*3&!2%&,(/%"(&2%&!2%&,(#1".'2*(&?,(2('-'&#.5%)+8&K(& 0(F'/'"*'='*+&'&7.)*&1,5',('&1".,&5',%&2%&?,.F'/(&?,(2(-%&0%"&'-*(&/%(6%8&H'&);%,%*(3&'1&'##(;*'*&!"&
"'2*(&!"&('&0.,%"6'&0(&'&,(/("%&;(&;+54"*&;("*,1&':2%&,(;','&?,(2('-'3&0(/("%"0&5'5+&2%&"+)#4"0&#1& 5.0&#."2*%("*3&);,(&%);+2%,(3&'#(')*+&#15;-%*+&7.,5+&0(&/%'6+3&0',&,(/("%"0&:&#'&.5&*,1;()#&:!"&-15('&
;-+#(,(3&#1&*.'*+&0,'?.)*('3&#.;%%%&;,%"&#',(3&G(?('&0%/%"+&'&$.*+,4*3&)+&#.@.',(&("*%*+6%&);%,%*1'-(&-'&.& 7%F%#+3&'1&1%*'*&0(&#(('&#(&):'1&'"?'='*&!"&7'6'&o.,1-1%&)1;,(53&#4"0&2%:'1&0'*&#.")%56+54"*1-&?,+%"0A&
".1+&/%'6+&*(,()*,+8 F7%"b
I#()*( & 01,(,% & )17-(*(2*%3 & ,()%56%*( & '"% & 0(:' & ,4"01-3 & '1 & !5;%") & );%,%*1- & -' & (L*(,%.,1- & *,1;1-1%3&
1""""""-''''''- -(?+*1,%-(&)17-(*(2*%&0%"*,(&*,1;&2%&);%,%*&7%%"0&7.',*(&)-'@(8&H4"0&'&).)%*&*(,5("1-&;-(#+,%%3&0()*,1;',('&
)(&7'#(&7.',*(&12.,3&#'&2%&!"&#'F1-&("*%*+6%-.,&);%,%*1'-(&5%-.')(&2%&0,(;*(8&a;(,'&5()'?(,1-1%:0()*,1;+*.,&
H4"0&.51-&5.',(&;,%"&'##%0("*&5,(4*'318/&("*%*'*('&);%,%*1'-+&')%)*("*+&#',(&!").6(2*(&*.'*+&/%'6'& ()*(&7.',*(&,(01)+A&*'%(&#.,0."1-&7-1%0%#&#',(&6%"(&-(?'*&);%,%*1-3&;,%"&)17-(*3&0(&*,1;8
*(,()*,+&'&'#()*1%&.53&#1".)#4"0&#+&)(&';,.;%(&*(,5("1-&7'*'-3&#$('5+&;(&5%)%."',1-&0()(5"'*&0(&':<& $ $ $
')%)*'&!"&5.5("*1-&;,.01#(,%%&'##%0("*1-1%8&I#()*'3&).)%*&#'&71-?(,1-3&.&0'*+&#(&);%,%*1-&:&;,%"&/%.-("6'&
'##%0("*1-1%&:&'&7.)*&(L;1-F'*&0%"&*(5"%6'&)'3&*'%(&,4"0&;(&,4"0&1-*%5(-(&,+0+#%"%&7-1%0%#(&#(&5'%&,(6%"&
);%,%*1-&0(&*,1;8&S-%@(,'*&#1&*.*1-3&);%,%*1-&!2%&%'&F@.,1-&#+*,(&)7(,(-(&#(,(2*%3&);,(&-.#1-&,(F(,/'*&-1%3& C%"&)%*1'6%%-(&;,(F("*'*(&5'%&)1)3&)(&;.'*(&0(01#(&#+&5.',*('&)1,/%"(A
01;+&5(,%*(-(&/%(6%%&)'-(&*(,()*,(8 <80%"&#'1F'&1F1,%%&#.,;1-1%&:&@+*,4"(6(Q
I#()*&#'F&0(&0()*,1;',(&()*(&'0.;*'*&7.',*(&,',&0(&#+*,(&!"'-*1-&o.,&x10(#+*.,()#&'-&9+54"*1-1%3&2%& V8;,%"&/%.-("6'&;,.01)+&0(&1"&-%@(,&',@%*,1&"().#.*%*&:&)%"1#%0(,(3&#,%5+&.,%&'##%0("*Q
0(&.@%#(%&()*(&';-%#'*&);%,%*(-.,&-("(2(3&%"0.-("*(3&#',(&'1&"(/.%(&0(&F?101%,%3&0(&#.5.6%%&;1*(,"%#(3& X8;,%"&@.'-+3&1"(.,%&7.',*(&0(&*%5;1,%13&'/4"01:)(&!"&/(0(,(&;,./.#',('&01,(,%%&!"&)17-(*(-(&#(-.,&
;("*,1&'&7%&;1)(&!"&,%*51-&(/.-16%(%&".,5'-(&2%&?("(,'-(3&'&("*%*+6%-.,&);%,%*1'-(8&a&')(5("('&5.',*(& 0,'?%3&!"&)#.;1-&#."2*%("*%F+,%%&)'1&'&;-+6%%&1".,&?,(2(-%&0%"&*,(#1*3&0%"&'-*(&/%(6%8
()*(&.&01,(,(3&.&"(".,.#%,(&;("*,1&.51-&*(,()*,13&0',&7%%"0&.&0(2*(;*',(&'&#."2*%%"6(%&("*%*+6%%&);%,%*1'-(3& R"&#."*%"1',(&/.5&#1".'2*(&'#*1-&5.,6%%3&;(&@'F'&#.51"%#+,%-.,&;,%5%*(&0(&-'&K74"*1-&U%"'3&1"'&
#.")*%*1%(&;("*,1&('&.&7(,%#%,(8&I)*7(-&)(&'0(/(,(2*(&/.,@'&.51-1%&:&BP.*&,+1-&);,(&@%"(8E 0%"&5',%-(&G15%"%&'-(&9+54"*1-1%8&R'*+&#15&?-+)1%(2*(&(-3&#'&.&".*+&5'%&'5+"1"6%*+&'&7(".5("1-1%&
0()*,1;+,%%8
/, >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&:&C,%7'&#',*( J2',*(' ZU

BN,(1&2:'&'71"0'*&!"&-1*&);%,%*1-&#4"0&):'&,(!"*,1;'*3&0',&*.*&'*4*&0(&?,(1&)(&0();,%"0(&0%"&-1*&-'& [.%&;,(F("*'&#4*(/'&(L;1"(,%&'-(&1".,&("*%*+6%&);%,%*1'-(3&#',(&"(&0()#,%1&;,%"#%;'-(-(&%5;,()%%&
.,'&7'*'-+8&!"&'#()*&)#.;3&(&"(/.%(&0(&#."#1,)1-&5'%&51-*.,&7.,6(&);'6%'-(3&);%,%*(&)1;(,%.',(&).)%*(&-'& *,+%*(&!"&5.5("*1-&*,(#(,%%&-.,&0%"&-15('&7%F%#+&!"&#('&);%,%*1'-+8&o(".5("(-(&(L*(,%.',(3&/+F1*(&0(&
5.5("*1- &$.*+,4*3&;("*,1 & '&!"-()"% &0();,%"0(,(' & );%,%*1-1%&#( &2%:'& *(,5%"'* &2#.'-'&/%(6%%&*(,()*,(8& #(%& 0%"&=1,1- & 51,%@1"01-1%3 &';',6%" & -15%% & 7%F%#(3& '2'0', &(-( & "1& "(&;.*& .,%("*'& ')1;,' & )("F'6%%-.,&
C1;+&?,'01-&(/.-1*%/&'-&("*%*+6%%&);%,%*1'-(&#',(&)(&0()*,1;('F+3&).)()#&*,(%&5()'?(,%:0()*,1;+*.,%3& ,()%56%*( & 0( & );%,%* & !" & 5.5("*(-( & #4"03 & *,+?4"0 & 01;+ & (- & )17-(*1- & )'1 & ;(,%);%,%*1-3 & ;+2(2*( & ;,'?1-&
7%(#',(&#1&.&5%)%1"(&);(#%'-+8 (L%)*("6(% & -15%% & 7%F%#(8 & J15'% & ("*%*+6%-( & );%,%*1'-( & #',( & '1 & *,(#1* & ;,%" & '#(')*+ & (L;(,%("6+ & "( & ;.*&
H(-&5'%&5%#&!"&?,'0&',(&,.-1-&0(&'&0(5'?"(*%F'&2%&0((-(#*,%F'&#.,;1-&7%F%#3&;("*,1&'&"1&5'%&'/('& 0()#,%(&%5;,()%%-(&2%&%0(%-(&'/1*(&!"&5.5("*1-&;+,+)%,%%&*,1;1-1%8&J15'%&01;+&,(-'*+,%-(&-.,&/.5&;1*('&
;1*(,('&0(&'&,(6%"(3&;,%"&7.,6'&)'&'*,'#*%/+3&)17-(*1-8 ,(#.")*%*1%&!"*,('?'&)(,%(&0(&7(".5("(&#(&'1&-.#&!"&5.5("*1-&5.,6%%&7%F%#(8&9("*,1&'&#1".'2*(&#4*&
I-&0.%-('3&)1;(,%.,&#(-1%&0%"*4%3&5(2*(,&!"&54"1%,('&7-1%0(-.,3&*'%(&;(&,4"0&*.'*(&7%,(-(&7-1%0%#(&#(& 5'%&;(&-',?&!"*,('?'&?'5+&0(&7';*(&#(&'1&-.#&!"&5.5("*1-&#4"0&);%,%*1-&;+,+)(2*(&#.,;1-&)+1&7%F%#
)1"*&'"%"'*(&0(&#(-1-(-(&*,1;1-1%3&.;(,+&')(5+"+*.',(&#1&*+%(,('&,+0+#%"%-.,&1"1%&#.;'#3&#'&)+&;.'*+&7%& :;4"+&*,(#(&!"&0(;-%"+&#."2*%%"6+&!"&-15('&);%,%*1'-+3&1"0(&!2%&/'&;(*,(#(&(L%)*("6'&.&@1"+&/,(5(
)51-)&0%"&;+54"*8 :*,(@1%( & )+ & -1+5 & -(?+*1,' & #1 & H(,1-3 & ;,%" & %"*(,5(0%1- & 1"1% & 5(0%153 & 0', & "15'%Z & !"*,:1" & #(,# & 0(&
I-&*,(%-('3&)1;(,%.,&#(-1%&0(:'-&0.%-('3&.;(,('F+&0%"&(L*(,%.,3&')(5("('&1"1%&).,@3&'&1"1%&;1*(,"%#& ,(/(-'6%(&#."01)&0(&1"&?$%03&0(&.&5',(&G15%"+&#(,(')#+8&o+,+&)+&%"/.#+5&".%&'"15%*(&);%,%*(3&
5'?"(*&);%,%*1'-3&'*,+?4"0&*.'*(& ;',*%#1-(-(&(*(,%#(&#(&7.,5('F+&;(,%);%,%*1-& );%,%*1-1%3&;(&#'-(&0(& '#()*('&/.,&7%&'01)(&0(&#+*,(&?$%01-&#(,#1-1%3&0%"&,4"01-&,10(-.,3&;,%(*("%-.,&)'1&#1".2*%"6(-.,&".')*,(3&
(-%@(,',(8&S-&'*,'?(&-'&(L*(,%.,1-&#.,;1-1%&7%F%#&:&7%,&#1&7%,3&;',*%#1-+&#1&;',*%#1-+&:&*.*&;(,%);%,%*1-3&2%:<& 2%& "(& /., & 0()#,%(&#15&'1& *,(#1*& ;,'?1-& 5.,6%%3&#(&'1& )%56%*3&/+F1*& 2%& '1F%*& !"&=1,1-&-.,& !"& '#(-(&
'?-1*%"('F+&!"*,:.&5')+&#',(&;,%"&5(5.,%'&#(&.&;.)(0+&:&#+#%&.,%#(&5'*(,%(&!2%&',(&/%'6'&2%&5(5.,%'& 5.5("*(&2%&#15&)(&)%5*&'#15&!"&)7(,'3&!"&"%/(-1-&);'6%'-&!"&#',(&)(&'7-+8&C'#+&'#()*(&#.51"%#+,%&)(&
)'&:&)(&'01"+&!"*,:.&7.,5+&15'"+3&(*(,%#+3&'@).-1*&%0("*%#+&#1&7.,5'&*,1;1-1%&#(&'?."%F('F+&;(&;'*1-& /.,&;.*,%/%&2%&')(5+"'&!"&;+,6%-(&-.,&71"0'5("*'-(&#1&#(-(&;,%5%*(&0(&'-6%&5(0%15%3&!"&*%5;1,%&2%&
0(&5.',*(8&!"&'#(-'2%&*%5;3&'#()*&)'/'"*&'-&);'6%%-.,&-1#,('F+&')1;,'&#(-(%&5'%&0%/%"(&;+,6%&0%"&.53& -.#'-%*+6% & 0%7(,%*(3 & "1 & ;.'*( & (L%)*' & "%#% & . & !"0.%'-+ & #+ & #(-( & /+F1*( & 2% & )%56%*( & 0( & );%,%*(-( & #',( & )(&
')1;,'&)#4"*(%%&);%,%*1-1%3&;("*,1&#'&('&:&7%%"0&0(&()("6+&0%/%"+&:&)+&%')+&#('&0%"*4%3&)+&;+,+)(')#+&0%"& 0()*,1;('F+&)1"*&.&,('-%*'*(&#(&#.")*%*1%(&1"&#';%*.-&0%"&5',('&)(,%(&0(&7(".5("(&0()7+21,'*(&!"&
;,%5' & )(#1"0+ & *,1;1-3 & ;("*,1 & #' & 01;+ & (' & )+ & /%"+3 & ,4"0 & ;( & ,4"03 & #(-(-'-*( & ;+,6% & #.5;."("*( & '-(& "'*1,+3&0%"&/(2"%#%(8
);%,%*1-1%3&#(-(&2';*(&$'%"(&(*(,%#(&'-(&)#4"*(%%8&I#()*&0()*,1;+*.,3&0(&#(-&5'%&!"'-*&?,'0&%(,',$%#3&)(& R'*+&#15&)(&(L;,%5+&(5%"("*1-&;,.7().,&1"%/(,)%*',&gr)-.;3&0%"&KTI3&01;+&#(&'&)*10%'*&'"%&0(&
)*,+01%(2*(&#'&"1&#15/'&)+&5'%&,+54"+&-(?'*&0(&;(,%);%,%*&,()*1,%&0%"&5'*(,%'e(*(,%#+&'&#.,;1-1%&/%*'-3& F%-(&7(".5("(-(&);%,%*1'-(&2%&5()'=(-(&;,%5%*(&0(&-'&("*%*+6%-(&);%,%*1'-(&#',(&'1&;+,+)%*&-15('&*,1;(')#+8
;("*,1&#+&!"&'#()*&#'F&);%,%*1-&/'&)17(,%&;(&*.*&*%5;1-&2(0(,%%&)'-(&!"&);'6%1Q&!"&;-1)3&'#()*(&;',*%#1-(& BU'=.,%*'*(' & .'5("%-., & ,%0%#1-%F('F+ & #."#(;*1- & 1"(% & -15% & );%,%*1'-(8 & C', & '#(2*% & 0.5"%3 & #',(&
(*(,%#(&0(&.&#'-%*'*(&%"7(,%.',+&/.,&;,(=10%#%'&7(-1-&2%&#'-%*'*('&".1-1%&#.,;&7%F%#3&!"&#',(&)(&/'&!"*,1;'& 0%);,(61%()# & #1 & '*4*' & 121,%"6+ & '#()*( & ;,.@-(5(& 0( & . & #./4,2%*.',( & %5;.,*'"6+3 & "1 & )( & ?4"0()# & #+3&
);%,%*1-&!"&/%%*.,8 ;,.#(04"0&')*7(-3&!2%&0'1&'(,1-&#+&',&#1".'2*(&*.'*(&7(".5("(-(&"'*1,%%D&H+,6%-(&-%*(,'*1,%%&,(/(-'*(&
9,(F("6'&'#()*.,&5+,%&("*%*+6%&);%,%*1'-(3&'&0()*,1;+*.,%-.,3&()*(&'@).-1*&"(#()',+3&;("*,1&#+&!"& )1"*&0(.)(@%*&0(&%5;.,*'"*(&;("*,1&#+&"(&0'1&.&%0((&')1;,'&-15%%&);%,%*1'-(3&.7(,%"01:"(&;,%-(=1-&0(&'&
=1,1-&51,%@1"01-1%3&'0()(.,%&)(&'7-+&5(5@,%%&7'5%-%(%&)'-(3&#',(&;,%"&='-('&2%&;,%"&0.,%"6'&-.,&0(&'& #.5;','&!"*,(& (-(&0(*'-%%-(&#."6%"1*(&!"& 0%7(,%*(-(&#.51"%#+,%& .@6%"1*(8&a,& 0%"&#(-(&;,%5%*(&;4"+&
5("6%"(&;,%"*,(&(%&;(&%1@%*1-&-.,3&(L(,#%*+&.&7.,6+&0(&,(6%"(,(&;1*(,"%#+8&I#(')*+&7.,6+&'*,'#*%/+&'&#(-.,& '#153&)(&#.")*'*+&#+&!"/+6+5%"*(-(&*,'")5%)(&0(&("*%*+6%-(&);%,%*1'-(&#',(&"%&)(&,(/(-('F+&;,%"&5(0%15%&
%1@%6%&()*(&"(1*,'-%F'*+3&()*(&!"/%")+&0(&7.,6'&'*,'#*%/&);%,%*1'-+&'&("*%*+6%-.,&)1;(,%.',(3&#',(&;,(F%0('F+& 0%7(,%6%3&#.,!#.,0+&!"*,(&(-(8&S)*(&(/%0("*&#+3&!"&')(5("('&!5;,(=1,+,%3&.&#."#.,0'"6+&0(&%"7.,5'6%%&
0()*,1;',('8 71"0'5("*'-( & 2% & ,(;(*'*(3 & /' & '/(' & . & 5',( & /'-.',( & ;("*,1 & 0(5.")*,',(' & (L%)*("6(% & ,('-( & ' & -15%%&
K(&!"*45;-+&1"(.,%3&#'&7.,6'&#(-.,&0%"&=1,1-&51,%@1"01-1%&)+&7%(&'*4*&0(&;1*(,"%#+3&0(&)742%(*.',(3& );%,%*1'-(8E
!"#4*&);%,%*1-&()*(&,(#$(5'*3&,('01)&0%"&".1&!"&*,1;1-&)+13&#',(3&.',(#15&?'-/'"%F'*&0(&0.,%"6'&/%(&'&
$ $ $
#(-.,&0%"&=1,1-&)+13&,(%'&;("*,1&#4*(/'&#-%;(&#1,)1-&/%(6%%&*(,()*,(3&0()#$%F4"0&.#$%%3&;,%/%"0&2%&#$%',&
/.,@%"0&#."2*%("*&!"&-15('&7%F%#+8&!")+&'#(')*+&,(/("%,(&(&0(&)#1,*+&01,'*+3&;("*,1&#+&7.,6(-(&);%,%*1'-(3&
#1&;1*(,%&01@-'*(3&'*,'?&0%"&".1&!"&'7',+&;(&#(-&#',(&2%:'&!"*,(,1;*&#'-('&);,(&0()#+*12',(8&C(&'%#%& [.%&0()#,%(&1"'&0%"&#.51"%#+,%-(&#(-.,&#(&'1&*,(#1*&;,'?1-&5.,6%%3&(L*,')+&0%"&-1#,',('&(5%"("*1-1%&
"(#()%*'*('&#'&!"&1-*%5(-(&5.5("*(3&-4"?+&51,%@1"0&)+&"1&)*('&0(#4*&.&)%"?1,+&;(,).'"+8&P.6%&#(%-'-6%&:& ;,.7().,&1"%/(,)%*',&%*'-%'"&p.FF'".8&R'*+&1"&5%#&;')'=&0%"&(L;1"(,('&7+#1*+&0(&=10(#+*.,1-&'5(,%#'"&
7'5%-%'&2%&;,%(*("%%&51,%@1"01-1%3&)+&)(&'01"(&!"*,:.&#'5(,+&5'%&0(;+,*'*+&2%&)+&,+54"+&'#.-.&!"& S05."0)3&%"*%*1-'*+&BG(**(,)&'"0&P,'#*)&."&K;%,%*1'-%)5E3&,(7(,%*.',(&-'&5.',*('&@1"1-1%&)+1&;,%(*("&
*+#(,(&2%&,1?+#%1"(3&;("*,1&'&121,'&(7.,*1-&#(-1%&#(:2%&;+,+)(2*(&#12#'&!"&#',(&):'&;,%")&'*4*&0(&;1*(,"%#& 2%&#.-(?3&=10(#+*.,1-&9(#]'53&#',(&'&;%(,%*&!"*,:1"&"'17,'?%18
-'&,(!"*,1;',('&)'8 B883&C'#+&'2&7%&;1*1*&)+:5%&'-(?&!"&'#(-&5.5("*&5.01-&0()*5;+,%%3&0()%?1,&#+&":'2&7%&'0.;*'*&;(&
a&0'*+&#(&#.,0."1-&7-1%0%#&#(&-('?+&)17-(*1-&0(&*,1;&'&7.)*&*+%'*3&01$1-&(&-1'*&0(&);%,%*(-(&')%)*("*(& '#(-' & %5;1) & 0( & -(?(' & 0()*%"1-1%8 & H1 & *.'*( & '#()*('Z3 & '#15 & "1 & 5+ & 5'% & ;-4"? & 0( & #((' & #( & 5% & ):'&
2%&()*(&!"#."=1,'*&#1&.&,(6('&7-1%0%#+&#,('*+&0(&(-(8&U.*%/1-&'#()*(%&.;(,'6%%&()*(&1,5+*.,1-8&C1;+&#(& !"*45;-'*3&0'*+&7%%"0&"'*1,'&5%"1"'*+&'&".%%&5(-(&(L%)*("6(8
);%,%*1-&):'&0();,%")&0(&*,1;&2%&'&0(/("%*&-%@(,3&*,(;*'*3&);%,%*(-(&')%)*("*(&!-&0(F@,'#+&2%&0(&$'5'& !"&5.5("*1-&5.,6%%3&'5&,(/+F1*&#'&!"*,:.&;'".,'5+&(/("%5("*(-(&!"*,(?%%&5(-(&(L%)*("6(8&P.'*(&
;-'"(*',+8 & H15 & );%,%*1- & "1 & ;.'*( & )*' & !" & ;,('=5' & ?-.@1-1% & ;+54"*()# & 7+,+ & '#()* & !"/(-%23 & );%,%*(-(& )#("(-(3&*.'*(&'#6%1"%-(&7+#1*(&!"&0(#1,)1-&/%(6%%&*,1;(2*%3&5%:'1&*,(#1*&;,%"&7'6'&;,%/%,%%3&#'&2%&#15&',&7%&
0()*,1;+*.',(&!-&!5@,'#+&#1&.&".1+&$'%"+&7-1%0%#+3&.&$'%"+&;,./%F.,%(&!"&#',(&)(&/'&;,(F("*'&!"&7'6'& 7.)*&?,'/'*(&!"&5%"*('&5('3&!"&7.,51-(&-15%".')(8&J%#%&1"1-&0%"&'5%#%%&5(%3&0%"&#.;%-+,%(&2%&;4"+&-'&
o.,1-1%&)1;,(53&#4"0&%&)(&/'&0'&1"'&;.*,%/%*+&')#(")%1"%%&)'-(&(/.-1*%/(8&C(F@,+#',('&$'%"(%&;-'"(*',(& 5.',*(3&":'1&-%;)%*&-'&';(-8&!"&5.5("*1-&#4"0&5+&'71"0'5&!"&5',(3&6%"4"01:5%&).6%'&!"&@,'6(3&5%:'1&
*,(@1%(&)+&)(&7'#+&*,(;*'*3&#1&5',(&;,10("6+3&;("*,1&#+&'-*7(-&);%,%*1-&)17(,+3&%&)(&*1-@1,+&#-',%*'*('& ';+,1*&;+,%"6%%3&2%&5'5'&!5%&!"*%")(&54"'&2%&5+&*,')(&0%"&';+3&04"0&0./'0+&0(&.&("(,?%(&;(&#',(e":
#."2*%%"6(%3&'01#4"01:)(&;,(=10%#%%&/%%*.',(%&)'-(&,(!"*,1;+,%8 '5&!"6(-():.&0(#4*&'@%'&'#158&J1:5%&'5%"*()#&)+&7%&)17(,%*8&H4"0&5:'5&)#171"0'*&!"&';+3&"1&'5&
H4*Z;,%/(2*( & 5'*(,%' & $'%"(% & ;-'"(*',( & 0(F@,+#'*(3 & '#(')*' & )( & ,%)%;(2*( & 2% & 0%F.-/+ & !" & );'6%1-& !"#(,#'*& "%#%& .&)("F'6%(&0(&7,%#+3&,+#('-+&)'1& ')7%L%(,(8&J1:5%&'5%"*()#&0(& ')(5("('&)+ &7%&'1F%*&
!"#."=1,+*.,8&I#(')*+&5'*(,%(&;-'"(*',+&/'&)(,/%&("*%*+6%-.,&);%,%*1'-(&0(&'#(-'2%&?,'0&(/.-1*%/&#1&'& F?.5.*1-&/'-1,%-.,3&#',(&)(&F0,.@('1&0(')1;,'&#';1-1%&5(18&U:'5&0();,%")&0(&*,1;&';,.';(&7+,+&)+:
("*%*+6%% & #',( &'& 0(F@,+#'*&'#()*&#.,;&;-'"(*',3 &-' &#,(',(' &1"1%& ".1&!"/(-%2&;-'"(*',3 &!"&5.5("*1-& 5%&0'1&)('5'&2%&'/4"01:5%&).6%'&)*,4")+&-4"?+&5%"(3&'5&!").6%*:.&;(&5'5'3&/("%*+&;("*,1&'&5+&;,%5%&
!"*,1;+,%%&-.,8&I2'0',&.&$'%"+&".1+&)(&/'&#,(('&0%"&5'*(,%'&#(&'&5'%&7.)*&1*%-%F'*+3&2%&0(#%&;(,7(#6%."'*+3& 2%&#."01#(8&9,%51-&)("*%5("*&;("%@%-&5:'&#1;,%")&#4"0&!5%&F@1,+&?4"01-&-'&)#15;1-&5(1&7,'*(3&0',&
!"&'#()*&5.0&7%(#',(&5'*(,%(&'&#,('6%(%&()*(&);%,%*1'-%F'*+3&1,#4"0&*.*&5'%&)1)&;(&*,(;*(-(&(/.-16%(%8 5'5'&!5%&.@)(,/+&"(-%"%2*('&2%:5%&);1)(A&lo,'*(-(&*+1&"1&/'&!"*4,F%'&)+&/%"+&2%&(-&'%#%n8&C%"&'#(-&
C(2%&0(/("%*&-%@(,3&);%,%*1-&5'%&;+)*,('F+&.',(#15&-(?+*1,%&7-1%0%#.:)17-(*(2*%&#1&7.)*1-&)+1&*,1;8& 5.5("*3&.,%#(&)("*%5("*&01,(,.)&0%);+,1&0%"&)17-(*1-&5(18E
I#()*(&-(?+*1,%&*,(@1%(&,1;*(&*,(;*'*3&2%&"1&@,1)#8&R'*+&5.*%/1-&;("*,1&#',(&,(#.5'"0&:&!"&);(#%'-& $ $ $
.##%0("*'-%-., & /(#$%1-1% & #."*%"("* & : & !"5.,54"*',(' & !" & -.#1- & %"#%"(,+,%%3 & 0(.',(#( & ;,%" & %"#%"(,',(&
1-*%5(-(&-(?+*1,%&7-1%0%#(&'-(&*,1;1-1%&#1&7.)*1-&)+1&)*+;4"&2%&#.")*,1#*.,&)(&,1;&@,1)#8&C%"&'#(')*+&
#'1F+ & );%,%*1- & )17(,+ & . & #.5.6%( & !" & 1,5' & #+,(%' & !2% & ;%(,0( & ;("*,1 & 51-*+ & /,(5( & #."2*%%"6'8 & 9,%"& a&(L;1"(,(&2%&5'%&%"*(,()'"*+&.&?+)%5&!"&#',*('&BK*',*-%"?&o'#*&%"&U.0(,"&K;%,%*1'-%)5E&)#,%)+&
!"5.,54"*',(3&0(F'?,(?',('&#.,;1-1%&()*(&-("*+3&5'*(,%'&)'&)(&0()#.5;1"(&!"&5%"(,'-(3&%',&-(?+*1,%-(& 0(&5(0%#1-&'5(,%#'"&S8&w.-7(8&H.51"%#',('&;,./%"(&0(&-'&("*%*'*('&);%,%*1'-+&'&1"1%&).-0'*&#',(&'&
7-1%0%#(&)(&0();,%"0&!"#(*&0(&*.*&#(&'&';',6%"1*&7.)*1-1%&*,1;&;+54"*()#8E 51,%*&0(&*%7.)3&!"*,:1"&);%*'-3&!"&*%5;1-&,+F@.%1-1%&;("*,1&'@.-%,('&)#-'/%(%&0%"*,(&)*'*(-(&0(&".,0&2%&
#
(-(&0(&)10&'-(&KTI8&o%%"0&!"*,(@'*+&#(&%5;,()%%&'&'/1*&#4"0&'&%"*,'*&!"&-15('&);%,%*1'-+3&("*%*'*('&
- - - );%,%*1'-+&'&,+);1")8
J2',*(' ZW
>%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&C,%7'&#',*(
ZV
BU:'5&)%56%*&#'&2%&#15&5:'2&0(2*(;*'&0%"&).5"8&J1&5+&5'%&)%56('5&@.-"'/3&-1#,1&0(&#',(& #(('&#(&)(&/(0(&'%#%3&*.*&#(&(&1*%-%F'*&'%#%3&()*(&#,('6%'&?4"0%,%%8&H$%',&#.,;1-&".)*,1&);%,%*1'-&;,%"&#',(&
5+&5%,'5&?,.F'/8&I/('5&.&/'?+&@+"1%'-+&#+&):'&!"*45;-'*&#1&5%"(&#(/'&#%10'*3&0',&"1&;1*('5&)+:5%& "(&(L(,#%*+5&'#*%/%*'*('&()*(&.&#,('6%(&)1@)*'"6%'-+&'&?4"01-1%&H,('*.,1-1%8&!"&=1,1-&".)*,1&%'1&7.,5+&
0'1&)('5'&#(&'"15(8&!5%&/(0('5&*,1;1-&!"*%")&;(&;'*&2%:5%&F%#('5A&lH(&7(".5("&#%10'*Mn&I5&;,%/%*& #,('6%%-(&?4"0%,%%&".')*,(3&#',(&)(&1"()#&2%&)(&',5."%F('F+&#1&?4"01,%-(&#(-.,-'-6%8&T"(-(&0%"&(-(&)1"*&
!"&=1,1-&5(1&2%&5',(&5%:'&7.)*&5%,',('&#4"0&%:'5&/+F1*&;(&#(%&*,(%&#'5','F%&'%&5(%&1#%2%&!"&*,'"2((-(& (L*(,%.,%F+,%&%"#."2*%("*(&'-(&1".,&);%,%*(3&'-*(-(3&0%"&#."*,+3&)1"*&,(F1-*'*1-&7.,6(%Z&#,('*.',(&'&?4"01-1%&
0%"&7'6'&w%#]@1,?:1-1%3&#'5','F%&;(&#',(&(1&!")15%&!%&!"?,.;')(58 /.%*&2%&#1&1"&)#.;&0(*(,5%"'*8&J.%&)1"*(5&7%%"6(&#.")*,1%*(&0%"&?4"0%,(3&2%&(L%)*+5&!"*,:.&-15(&#,('*+&
:H(&'%&)%56%*&';.%D ;,%"&?4"0%,(8&I%#%3&*.*&#(&(L%)*+&;',(&'&7%&#.")*%*1%*&01;+&7(-1-&#15&'&-1#,'*&?4"0%,('8&K1@)*'"6'&')1;,'&
:I5&'/1*&.&)("F'6%(&')(5+"+*.',(&#1&'#(('&#4"0&*(&#1;,%"0(&).5"1-3&#4"0&?!"01,%-(&)(&;%(,0& #+,(%'&)(&(L(,#%*+&7.,6'&?4"0%,%%&()*(&:&!"&,';.,*&#1&".%&:&*.*&'*4*&0(&).-%0+&2%&01,'@%-+&#'&;%'*,' &2%&
!"#(*1-&#1&!"#(*1-8&C',&;4"+&-'&'#(')*+&!"*1"(#',(3&?4"01-&5(1&-1#,'&!"*,:1"'8&U%:'5&'5%"*%*& 5(*'-(-( & 0%" & 5(0%1- & /.)*,1 & *(,()*,18 & [.1+ & /+ & ()*( & ?,(13 & 7%,(2*(3 & )+ & #."#(;(6% & ')(5("(' & -1#,1,%8&
0(.0'*+&0(&*.'*(&(/("%5("*(-(&/%(6%%3&0(&*.*&#(&'5&/+F1*&2%&'1F%*3&0(&*.*&#(('&#(&'5&7+#1*3&);1)&2%& I)(5("('&/.1+&2%&(1&!5%&%5'?%"'5&#+&*.'*(&#,('6%%-(&0(&'%#%&)1"*&7.,5'*(&0%"*,:.&5'*(,%(&/';.,.')+3&
?4"0%*8&!5%&'5%"*('5&0(&=.#1,%-(&2%&?-15(-(&0%"&#.;%-+,%(3&-(:'5&?1)*'*&#'&2%&'*1"#%&#4"0&):'1& 0',&/("%"0&'%#%3&'5&/+F1*&#+&(-(&)1"*3&!"&7(-1-&-.,3&*.*&'*4*&0(&).-%0(&2%&/%1&#.-.,'*(&#'&2%&.@%(#*(-(&
;,.01)8 ).-%0(&2%&#.-.,'*(&'-(&5(0%1-1%&*(,()*,18&H')(-(&)1"*&F%0%*(&0(&);%,%*(&);(#%'-%F'*(&!"&'&5.0(-'3&;,%"&
:9./()*(2*(:"(&;,%5(-(&*'-(&%5;,()%%&#4"0&'%&).)%*&!"&-15('&);%,%*1'-+8 ;1*(,('&?4"01-1%3&'#(')*+&5'*(,%(&(*(,%#+3&);%,%*1'-+8
:[+&);1"&#+&#(%&*,(%&#'5','F%&"1&5:'1&;+,+)%*3&0%"&5.5("*1-&0()*,1;+,%%&5(-(&;4"+&!"&5.5("*1-&
C()%?1,3&#(%&#(&*,+%()#&!"&5(0%1-&*(,()*,13&,'0%#'-&0(.)(@%*&0(&'-&".)*,13&/.,&!"6(-(?(&#1&?,(13&%',&
#4"0&!5%&7+#1%&%"*,',('&!"&-15('&);%,%*(-.,8&I%#%&'/('5&@1"%#%3&7,'6%3&)1,.,%3&#',(3&#1&*.'*(&'#()*('3& 1"%%&#$%',&0(-.#&#(-(&'7%,5'*(&0(&".%8&H1&*.'*(&'#()*('3&*(&')%?1,&#+&;,.#()1-&0(&#',(&!6%&/.,@()#&()*(&
":'1&/("%*&)+&5+&;,%5(')#+8&C1;+&0()*,1;',(3&5%&)(&;+,('&#+&15@-1&;(&;+54"*&).-%0&2%&'5&/+F1*& 7.',*(&)%5;-13&"'*1,'-&2%&(7%#'#(8&!"/+6+5%"*(-(&0'*(&'#15&;+54"*("%-.,3&#.")*%*1%(&1"'&0%"&"15(,.')(-(&
*'%"(&;(&#',(&R)1)&0%"&J'F',(*&"1&-(:'&;,.;./+01%*&0(#4*&1#("%#%-.,&K+%3&;("*,1&#+&.5("%,('&0(&'*1"#%&
.&7(5(%(&@+*,4"+3&#',(&5%&)(&'0,()+3&);1"4"01:5%A&lx%53&%'*+:*(8&I%&/("%*&-'&".%Dn&I5&;,%/%*:.&#1& "1&(,'&#.';*+&;("*,1&'&-(&;,%5%8E
'*("6%(&2%&0(.0'*+&'5&)*,%?'*A&la3&5'5+:5',(3&*1&(2*%Dn&lS1&)1"*3&0,'?1-&5(1&x%58&[%".&#1&
5%"(n8&S'&5:'&#."01)&0(;',*(&0(&'#(-&-.#3&-'&-.#1%"6'&(%8&a0'*+&).)%6%3&!5%&);1)(&#+&*,(@1%(&)+&5+& , $ $ $
.0%$"()#&2%&)+&0.,58&U:'5&#1-#'*&2%&'5&0.,5%*&51-*&*%5;8
:G.#1%"6'&0(&#',(&!5%&/.,@(2*%&',(&');(#*1-&1"(%&#')(&0(&;(&;+54"*D [.%&0()#,%(&'#15&%0(%-(&2%&%5;,()%%-(&1"(%&0.'5"(&#',(&!"&*%5;1-&/%(6%%&*,1;(2*%&"1&;,('&7,(#/("*'&
:C()%?1,3&!"&-15('&);%,%*(-.,&;.6%&)+&#,((F%3&#1&;1*(,('&?4"01-1%3&.,%#(&0.,(2*%8E @%)(,%#'3 & 0', & /+F4"03 & #%*%"0 & 2% & '1F%"0 & 0();,( & 7(".5("(-( & 2% & 5'"%7()*+,%-( & );%,%*1-1% & ' & 0(/("%*&
)'''';))))# #,(0%"#%.')+8&P,(#4"0&0%"#.-.3&;,%"&'#*1-&5.,6%%&7%F%#(3&('&#.51"%#+&;,%(*("(%&)'-(3&0.'5"'&C17(r3&
#',(&(,'&5(0%158
SL*,'?(5&1"&#'F&0%"&-1#,',('&%"*%*1-'*+&BP$(&U.,,.y&.7&C('*$&@r&I5%#1)E8&!"&'#(')*+&#1-(?(,(& B>*%'5 & #+ & '5 & )+ & 5.,3 & 2% & *.*12% & "1:5% & (,' & *('5+ & 0( & '#(')*+ & ;-(#',(8 &I5("%"6+,%-( & @%)(,%#%%&
0(&#.51"%#+,%3&);%,%*1-&;,(.*1-1%&J8&I8&K*.#]y(--&#.51"%#+&;,%"&5(0%151-&"15%*&S,"()*&g8&9((]'53& ;%(,01)(,+&0(&51-*&.,%#(&;1*(,(&')1;,'&5('8&U+&)%56('5&?'*'&)+&!"7,4"?&#,%F'&5.,6%%&#1&.&)("%"+*'*(&
1,5+*.',(-(&%0(%3&,(7(,%*.',(&-'&5.',*('&)'&7%F%#+8 7%-.).7%#+8 & U%:'5 &;,.;1) & #$%', & )+ & 1,5+,()#3 & #1 &%"*(,()1- & 1"1%& #(,#(*+*.,3 &';,.;%(,(' &0.5.'-+ & '&
BH4"0&(,'5&!"&-15('&*(,()*,+3&"1&5%:'5&;1*1*&7'#(&"%#%&.&%0((&0();,(&(L%)*("6'&.51-1%&0%"#.-.& 5',(-1%&#(')8&J1&/.%'5&)+&;%(,0&'#(')*+&)1;,(5+&.#'F%(&0(&'&#42*%?'&#1".2*%"6(&;)%$.-.?%#(3&#',(&
0(&5.,54"*8&I/('5&')1;,'&'#()*1%&)1@%(#*&%0(%&#."71F(&2%&"()%?1,(3&#',(&)(&!"/4,*('1&5(,(1&!"&=1,1-& )#';+ & #(,#(*+*.,%-., & 2*%%"6%7%#%8 &I5 & ,+5') & 0(#% & -%"%2*%*+ & !" & 7'6' & ;,.?,()%(% & -("*( & ' & '?."%(% & 5(-(3&
#."#(;6%%-.,&.@%2"1%*(&:&'-(&1"1%&;','0%)&,(F(,/'*&#(-.,&@1"%&2%&'-(&1"1%&%"7(,"&?'*'&)+&!"?$%*+&;(&#(%& );(,4"0&)+&;.*&#.51"%#'3&5'%&*4,F%13&.@)(,/'6%%-(&5(-(3&7+#4"0&')*7(-&1"&)(,/%#%1&15'"%*+6%%3&,%)%;%"0&
,+%8&9(&*%5;1-&5(1&"1&)(&;,('&#1".2*('&;.)%@%-%*'*('&#.51"%#+,%%&#1&("*%*+6%-(&);%,%*1'-(8&J1&,+54"('& *('5'&;,.01)+&0(&.,'&7'*'-+&')1;,'&.51-1%8
0(#4*&)+&7'#%&*(.,%(&2%&)+&'%&#,(0%"6+&!"&C15"(F(18&H,(0%"6'&.&'/('58&!"&'#()*(&#."0%6%%3&(&%"1*%-&)+& U%&)(&;+,('&#+&!".*&!"&'7','&*,1;1-1%&5(13&!"*,:1"&5(0%1&"(#1".)#1*8&J1&/(0('5&"%5%#&0%"&#(('&
5'%&);1"&#+&'*1"#%&#4"0&5:'5&?+)%*&!"&-15('&);%,%*(-.,3&'5&,+5')&;,.71"0&5%,'*&!"&7'6'&,('-%*+6%%8& #(&#,(0('5&#+&)(&/'&;,.01#(&!"&*%5;1-&#,%F(%&5.,6%%8&H%*%)(5&0()#,%(,%&%"*(,()'"*(3&,(7(,%*.',(&-'&1"&
I5&7.)*&;,%5%*3&!"*+,%*&2%&'=1*'*&0(&;(,).'"(&#1".)#1*(&;(&;+54"*&2%&#',(&5+&;,(#(0')(,+&!"&5',('& 7(-&0(&l(;%-.?&'-&5.,6%%n3&!"&/%,*1*('&#+,(%'&(/("%5("*(-(&/%(6%%&)(&0(,1-('F+&!"&#."2*%%"6'&51,%@1"01-1%8&
#+-+*.,%(8& 9,%5%%&5(%& ;'2%&!"& -15('&#(,(')#+&'1& 7.)*&)1;,'/(?$('6%&0(& ?$%01-& 5(18& C', & #(('& #(& S1&"1&'5&'/1*&"%5%#&0%"&'#()*('8&H1&*.'*(&#+&"1&'5&7.)*&.&7(5(%(&;,('&0,+?+)*.')+3&1"&)%"?1,&?4"03&
#.")*%*1%'&;("*,1&5%"(&)1;,(5'&@1#1,%(3&!"&'#(-&5.5("*3&'&7.)*&!"*4-"%,('&#1&)#15;'&5('&).6%(3&#',(& 1"&)%"?1,&)("*%5("*&0.5%"'&'*1"#%&#."2*%%"6'&5('3&2%&'"15(&%1@%,('&;1,*'*+&;(,).'"(-.,&0,'?%&;(&
5+&!"#."=1,'&#1&*.'*+&'*("6%'3&;-%"+&0(&0(/.*'5("*&2%&'7(#*1.')(&54"?4%(,%8&9.*&'7%,5'&#+&;,%5'&5('& #',(&-(&;+,+)('58&U+&)%-('5&#'&,'6%1"('&)+:5%&)*+;4"(')#+&*.'*(&%5;1-)1,%-(3&*.'*(&(5.6%%-(8&I*("6%'&
%5;,()%(&!"&-15('&);%,%*1'-+&'&7.)*&;,.@'&#+&%1@%,('&).6%(%&5(-(&"1&)-+@%)(&;,%"&5.',*('&(%8&U.',*('& !"0,(;*'*+ &')1;,'& '#*1-1%& 5.,6%%& 5(-( &7%F%#( &)74,2% & ;,%"& ' &5+ & .@.)%3 & 2%&*,(;*'* & . & ).5".-("6+ & 5+&
"1&;.'*(&)1;,%5'&'7(#6%1"('3&"%#%&!5;%(0%#'&!"*4-"%,('&'&0.1+&);%,%*(&#',(&):'1&%1@%*&;(&;+54"*8 "+;+0%8&S,'&'*4*&0(&01-#(&2%&5+&.0%$"('&'*4*&0(&@%"(3&#+&!"&#1,)1-&'#(-(%&;(,%.'0(&0(&)(5%#."2*%("6+3&
#',(&'&;,(#(0'*&)*',('&0(&%"#."2*%("6+&*.*'-+3&,(7-(#*'5&')1;,'&7';*1-1%&#+&'5&5'%&!"#(,#'*&.&)("F'6%(&
T"'&0%"&;,%5(-(&0()#.;(,%,%&!"&'#(')*+&".1+&-15(&'&7.)*&'#(('&0(&'&5+&0()#.;(,%&;(&5%"(& ')(5+"+*.',(&0(&0.1+&.,%&!"&/%'6'&5('&;+54"*(')#+8
!")15%8&I0(/+,'*'&5('&;(,)."'-%*'*(&)(&0()7+21,'&!"'%"*('&5('&#1&*.'*+&#,1F%5('&#1-.,%-.,&2%&'#(')*+& U:'5&0(2*(;*'*&5',#'*+&0(&1"&)("*%5("*&0(&#%10+3&#15&)(&!"*45;-+&'0()('3&#4"0&!6%&0'%&)('5'&
0()#.;(,%,(&"1&(,'&;,('&5+?1-%*.',(&;("*,1&7%%"6'&5('8 #+&'%&0.,5%*&;()*(&*%5;1-&#."/("%*8&C',&!"&#1,4"0&'#(')*+&0(2*(;*',(&5%&):'&;+,1*&2%&5'%&01-#(&0(#4*&
9,.#()1-&5.,6%%&7%F%#(&:&#'&2%&#(-&'-&,("'2*(,%%&!"&-15('&);%,%*1'-+&:&()*(&7.',*(&%"*(,()'"*8&!"&5.0& ;(,%.'0'&#',(&;,(#(0')(&).5"1-8&U+&)%56('5&@%"(3&#(('&#(&!5%&0(5.")*,'&#+&"1&(,'5&;(&;1"#*1-&0(&
".,5'-3&0(&!"0'*+&#(&!"#(*('F+&71"#6%%-(&*,1;1-1%&:&;,.#()&#',(&;.'*(&01,'&1"(.,%&1"&*%5;&7.',*(&-1"?& '&51,%8&C(.0'*+3&'10&!"&#'5(,'&/(#%"+&#4*(/'&;(,).'"(&/.,@%"0&#1&=15+*'*(&0(&/.#(8&I)#1-*4"01:-(&
:&)17(,%"6(-(&7%F%#(&2%&54$"%,('&)17-(*1-1%&!"#(*('F+&2%&(-(3&2%&!"#(*1-&#1&!"#(*1-&)(&*,(#(&?,'0'*&-'& ;,%"&12'&!"*,(0()#$%)+3&"1&;,('&!"6(-(?('5&)(")1-&#."/(,)'6%(%&-.,8&C',&#."#("*,4"01:5%&5'%&@%"(&
)*',('&0(&%"#."2*%("6+&'@).-1*+8&C',&',%;'&5.,6%%&.&0'*+&*,(#1*+3&/%"(&.&0(F-(?',(&)1@-%5+A&);%,%*1-& '*("6%'3&'=1"?&)+&;,%"0&!"6(-()1-&#1/%"*(-.,&-.,8
,("'2*(&-'&.&".1+&(L%)*("6+8&C1$1-&-'&!"#(;1*&"1&@'?+&0(&)('5+&#+&'&0(F@,+#'*&*,1;1-3&0',&0'#+&)(& R'*+&7,'F'&!"&0%)#16%(A&lo+,+&!"0.%'-+3&(,'&.&(L#("*,%#+n8&a&'-*+&/.#(&,+);1")(A&la3&0'3&2%&!"&;-1)&
!"*45;-+&)+&.@)(,/(&;,('&0(/,(5(&'#()*&-1#,13&(-&,+54"(&0(.)(@%*&0(&*1-@1,'*3&5'%&'-()&#4"0&5.',*('& (,'&.&!"#+;+64"'*+&!"&;+,(,%-(&(%n8&9,%5'&,(-1+A&l9("*,1&')*'&'&7.)*&-./%*+&5(,(1&0(&'*4*('&"(".,.#%,%n8&
'&,1;*&-(?+*1,%&'7(#*%/(&;1*(,"%#(8&C',&!"&-15('&);%,%*1'-+&"%5("%&"1&(&;+,+)%*8 >%&'2'&5'%&0(;',*(3&1,5'&#."/(,)'6%'&')1;,'&1".,&%"#%0("*(&0%"&/%'6'&5('8
P.'*(&("*%*+6%-(&);%,%*1'-(3&7+,+&(L#(;6%(3&#4"0&%()&0%"&#,%F'&5.,6%%&)1"*&;,%5%*(&0(&#."01#+*.,%& S,'5 & )1,;,%")+3 & /.,@('1 & 0( & 5%"( & !"*,(@1%"64"0 & /(,@1- & -' & %5;(,7(#*Q & #( & !")('5"+ & ')*'D & U+&
(L;(,%5("*'6%3 & ;("*,1 & ':% & !"*+,%3 & #.").-' & 2% & ')%)*'8 & S% & /., & %"*,' & !" & ".1' & (L%)*("6+ & 01;+ & #15& #(,& #,(0('1&5.',*+D&!5%&/("%&%0(('&#+&;.'*(&0.',&)(&;,(7'#3&#+&5+&#.")%0(,+&5.',*+3&"15'%&#'&)+&'10&
#."0%6%%-(&-.,&5.,'-(3&%"*(-(#*1'-(&2%&);%,%*1'-(8&U(0%1-&#',(&!%&/'&;,%5%&/'&7%&0(*(,5%"'*&0(&?,'01-&-.,& #."/(,)'6%'&-.,8&C(&'#(('&'5&$.*+,4*&)+&.&#$(5&;(&1"'&0%"&(-(3&#'&)+&/'0+&#+&":'5&51,%*&2%&#+&'#15&
0(&);%,%*1'-%*'*(8&C%"#.-.&0(&5.',*(&"(&'2*(';*+&;(&7%(#',(&.&)%*1'6%(&;,(?+*%*+&0(&".%&;(&;+54"*&J1& 5'&)%5*&5'%&@%"(&#'&.,%#4"08&C',&(-(&"1&'1&-1'*&!"&)('5+&#$(5',('&5('&2%&#."*%"1'1&)+&/.,@(')#+&
;.6%&)+& *(&01#%&!"&'-*&-.#&0(#4*& !"& )7(,'&0(&#',(&';',6%%8&H'-%7%#+,%-(&".')*,(&);%,%*1'-(&"(&7'#&)'& =7%'%&0(;',*(8&I5&#$(5'*&0%"&".13&#1&.&/.#(&2%&5'%&*',(3&0',&0(?('@'8&I*1"#%&5:'5&0(#%)&)+&!"*,(,1;&
?,'/%*+53 & #1 & . & ;,(#%F%( & 0( & "(!"7,4"*3 & #+*,( & #."0%6%%-( & 0( & (L%)*("6+ & #.,();1"F+*.',( & 5(,%*(-., & 2%& @4,7'&-.,3&5(,?4"0&(1&-'&(-(8&C',&'5&,+5')&1%5%*+8&H%"(&(,'&5'"(#$%"1-&'2(F'*&!"&;'*1-&5(13&#1&7'6'&
-%;)1,%-.,&".')*,(8&U',('&-(?(&'&'7%"%*+6%%&,(?-('F+&'#()*&;,.#()&%"(L.,'@%-8&a51-&5(,?(&01;+&5.',*('& 9'-%0+3&#'&1"&#'0'/,1D&G:'5&(L'5%"'*&2%&'5&/+F1*&#+&'/('&@,'6(-(&!"#,1#%2'*(&;(&;%(;*&2%&;%#%.',(-(&
)'&!"&-.#1-&0(&(-&;,(?+*%*3&;,%"&*,'%1-&)+1&;(&;+54"*8&I#.-.3&(-&)(&'01"+&#1&)(5("%%&)+%3&?,'/%*4"0&!"& )*%")(&2%&6(;("(Q&1"&#(',2'7&'-@&!-&'#.;(,('8&C',3&-1#,1&#%10'*A&!-&;1*('5&/(0('&2%&;,%"&'#(')*+&;4"F+&
)4"1-&'#(-.,&-(?%1"%&);%,%*1'-(&!"&5%=-.#1-&#+,.,'&)(&/'&)%56%&7.',*(&@%"(8 ><&'5&,(#1".)#1*&!"&'#(-&5'"(#$%"&*,+)+*1,%-(&5(-(8&lC15"(F(1-&5(1M&!")('5"+&#+&'5&51,%*Mn&:
[.%&0()#,%(&!"&0.1+&#1/%"*(&"'*1,'&)1@)*'"6(%&!"*,(@1%"6'*(&!"&#.")*,1#6%%-(&)'1&#,('6%%-(&5(0%1-1%&
".)*,1&);%,%*1'-3&;,(#15&2%&5(*.0(-(&!"*,(@1%"6'*(8&G15('&".')*,+&()*(&#('&5("*'-+3&'&?4"01-1%8&P.*
J2',*(' ZY
>%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&C,%7'&#',%(
ZX /+F1*&0%"&".13&'2'&#15&(,'5&!"'%"*(3&2%&!"&;(,7(#*+&)+"+*'*(8&U+&/(0('5&).-0'*8&9,%51-&5(1&?4"0&
5%:'5&F%)3&2%&!"&'#(-&5.5("*&.&;1*(,"%#+&)("F'6%(&5:'&#.;-(2%*3&;+*,1"F4"0&;4"+&!"&'04"#1-&)17-(*1-1%8& 71?%&-'&p("&'-&5(1&`5%#1-&)+1&#.;%-b3&2%&0(.0'*+&5:'5&*,(F%*&'#')+&-'&5%"(3&1"0(&-:'5&/+F1*&0.,5%"0&
P.*&*,(#1*1-&5(1&';+,1&2%&"+/+-%&#'&1"&/'-&!"&#."2*%%"6'&5('8&P.*&#(:'5&!"/+6'*3&*.*&#(:'5&);(,'*3&#1& '-+*1,%&0(&5'5'&-1%3&)#15;'&5('&).6%(&H',,%(8&!%&/(0('5&*.*&'*4*&0(&@%"(&#'&2%&#1&.#$%%&*,1;1-1%8&9(&
;,%/%,( & -' & 5',(' & *,(#(,( & 2% & -' & (L%)*("6'8);%,%*1'-+3 & )( & ;,(F("*' & );%,%*1-1% & 5(1 & #1 & . & #-',%*'*( & 0(& 1,5+&*(:'5&/+F1*&;(&*%"(&2%&;(&x.$"&`).61-&).,(%&)'-(b8&U:'5&?4"0%*&';.%&-'&5'5'&2%&5:'5&/+F1*&
"(0()#,%)8 & S,' & 1" & 5.5("* & ).-(5" & 2% & !"7,%#.2+*.,3 & 0', & ?,.'F' & ):' & ,%)%;%* & ,(;(0( & 2% & ).-(5"%*'*('& *,'");.,*'*&-'&('8&>(0('&;(&;'*3&%:'5&'0,()'*&#4*(/'&#1/%"*(3&0',&('&"1&'&0'*&"%#%&1"&)(5"&#+&5:',&7%&
?,'"0%.')+&'&'#()*1%&(/("%5("*&'&,+5')&)%"?1,+8 '1F%*8
P,(@1%'&)+&5+&,()(5"(F&2%&)+&')#1-*&*.*&#(&);1"('1&0();,(&5%"(&'#(-(&7(5(%&@4,7%*.',(3&7+,+&)+&-(& I*1"#%&'5&,(/("%*&!"&o,'"6'3&-'&-.#1-&1"0(&'5&#+F1*&5.,*8&>*%'5&#+&'5&51,%*M&I%#%&5%&):'&
;.*&,(01#(&-'&*+#(,(8&I)*7(-3&(,'&;("*,1&;,%5'&.',+&#4"0&*,(@1%'&)+&5+&/+0&!"&-15%"'&!"&#',(&5+& !"*45;-'*&1"&-1#,1&#%10'*A&'5&/+F1*&*,(#4"0&;(&0%"'%"*('&5('&*.'*(&(/("%5("*(-(&/%(6%%&5(-(3&#.")*'*4"0&
/(0('1& '-6%%8& H(-(& );1)( & (,'1 &;("*,1 & 5%"(& #'& 2%& .& .?-%"0+& #."/(L+ &'2(F'*+& !"& 7'6' &/(0(,%%& 5(-(& #4*&0(&,+1&5:'5&;1,*'*8
);%,%*1'-(3&!"&#',(&0(7(#*(-(&#','#*(,1-1%&5(1&(,'1&(L'?(,'*(&2%&0(7.,5'*(&;,%"&#."/(L%*'*('&)*%#-(%& C1;+&'#(('3&1"&);%,%*&)(&';,.;%(&0(&5%"(8&S,'&*'*+-&5(18&!"&;,%5(-(&5.5("*(&"1&-:'5&,(#1".)#1*3&
,(7-(#*.',(8&I)*7(-&#+&;,%5'&-(#6%(&);%,%*1'-+&!5%&(,'&0'*+&#$%',&0(&'5%#(-(&5(-(8&a&0'*+&)'*%)7+#1*(3& 0',&#4"0&5+&#$('5+&;(&"15(&:&lw%--n3&-:'5&,(#1".)#1*&2%&5:'5&',1"#'*&;-4"?4"0&!"&@,'6(-(&-1%8&
#(-(&0.1+&7(5(%&)(&,%0%#',+&;("*,1&'&/("%&)+&#."*(5;-(3&;("*,1&1-*%5'&.',+3&*,+)+*1,%-(&'5%#(%&-.,& S,'5&0(.)(@%*&0(&(5.6%."'*8&J1&5'%&2*%1&#4*&*%5;&'5&)*'*&'2'8&U%:'5%"*()#&"15'%&#+&!"&'#()*&*%5;&
0(#(0'*(3&'-&#+,(%&#','#*(,&-:'1&0%)(#'*&#1&'*4*'&#,1F%5(8 "1:5%&5'%&/(0('5&#'5','F%%&2%&"1&5'%&'1F('5&F?.5.*1-&@+*+-%(%8&C',&#(&#%10'*M&/(0('5&?4"01,%-(&
P,(% & ("*%*+6%& #."*(5;-'5&'#()* &#'0'/,13 &#1& *.'*(&#+ &'& *,(%' &"1&(,'&/+F1*+ &0(&#(-(-'-*(& 0.1+8& #'5','F%-.,&5(%M&I5&'7-'*&')*7(-&#+&'1&,+5')&7.',*(&%5;,()%."'6%&0(&5.',*('&5('8&H4"0&'5%#1-&5(1&
9,%/('5&');(#*1-&7(6(%&5(-(3&0%)*,1)+&0(&)17(,%"6+3&2%&!"&*%5;&#(&#1&54"'&5('&%"/%F%@%-+&'5&!"#(,#'*& o,'"]&):'&';,.;%'*&0(&#'0'/,1-&5(13&;("*,1&'&)(&')%?1,'&#+&(,'5&#1&'0(/+,'*&5.,*3&-:'5&/+F1*&!"#+&.&
)+&!"0(;+,*(F&0(&;(&7,1"*(&#4*(/'&21/%6(&'-@(&0(&;+,3&.&5%-+&"(?,+%*+&!5%&#.;-(2%&)17-(*1-3&?4"0%"01:5+& 0'*+3&#'&2%&#1&.#$%%&*,1;1-1%8&S,'5&';.%&!"*,:.&)*',(&0(&#."71F%(&0(&%0(%8&P'*'&(,'&*.6&-4"?+&5%"(3&
-'&).',*'&'#()*1%&*,1;&@+*,4"3&0(&#',(&5+&/(0('5&)(;','*+&'#15&;("*,1&*.*0('1"'8&S,'5&5.',*+M&H(& !"#1,'=4"01:5+&2%&);1"4"01:5%&#+&"1&/'&*,(#(&51-*&2%:5%&/.%&,(#42*%?'&(#$%-%@,1-&5("*'-8&C1;+&#',(&
)("F'6%(&)*,'"%(&:&)+&*(&2*%%&5.,*&2%&*.*12%&)+&*(&)%56%&;-%"&0(&/%'6+M&H4*&0(&"(2*%1*.,%&)1"*&;+54"*("%%M& 5:'&#."01)&-'&-.#1%"6'&)'3&1"0(&*,+%5&'#153&!5;,(1"+3&'2*(;*4"0&/("%,('&5'5(%&-'&".%8
H15&"1&2*%1&(%&#+&51,%"03&(2*%&'"%5'*&0(&.&/%'6+&".1+3&(L*,'.,0%"',+M&9,.@'@%-&#+&51,%)(5&0(&/,(.& !"*,:.&F%3&*'*'&!5%&);1)(A&l[,(%&)+&.&/(F%&;(&5'5':5',(Dn&J1&.&!"*4-"%)(5&!"#+&!"&-15('&);%,%*1'-+3&
Vd & 0( & .,(8 &I0.,5%)(5 & !" & -15(' & ;+54"*("%-., & 2% & 5:'5 & 0(2*(;*'* & !" & -15(' & ("*%*+6%-., & );%,%*1'-(8& ('&?+)%"01:)(&!"*,:1"&-.#&!"0(;+,*'*8&I;.%&*'*'&'0+1?+A&lo.,51-('F+:6%&;1*(,"%#&0.,%"6'&0(&'&7%&-4"?+&
J15'%&!"&'#()*&5.5("*&5%:'5&0'*&)('5'&#+&)1"*&!"&-15('&);'6%%-.,&#(,(2*%8 ('&2%&(1&/.%&7'#(&-'&7(-n8&I5&7+#1*:.&'54"0.%&2%&0(.0'*+&"(:'5&'/4"*'*&!"&);'6%1&#1&%16('-'&71-?(,1-1%8&
C',&1"0(&)1"*&);%,%*(-(&'*4*.,&;(,).'"(&)#15;(3&#',(&'1&*,(#1*&!"'%"*('&5('&7,."*%(,'&5.,6%%D&U+& !"&5'%&;16%"&0(&.&)(#1"0+&'5&7.)*&-4"?+&('8&S,'&!5;,(1"+&#1&*'*':5',(&2%&#1&1"#$%1-&w'-*(,3&;(&#',(&
'2*(;*'5&)+&-(&/+0&%(2%"01:5%&!"'%"*(&2%&1,4"01:5%&@1"&).)%*&!"&-15('&#(,(')#+3&;("*,1&':5%&)(,/%&0(& "1:<&#1".)#1)(5&!"&*%5;1-&/%(6%%&5(-(&*(,()*,(3&0',&5%:'5&0'*&)('5'&%5(0%'*&#+&!-&#1".2*('5&0(&;(&
#.")%-%(,%& 2%&?$%F%8&RF.-',('&!"&#',(& 5+&'7-'5&"1& 5+&!"7,%#.2'3&0',&*.*12%&'5&!"#(,#'*&1"& ;("%@%-& #4"0&!"*,1;'*&7%%"03&*'*'&5+&#."01#('3&!"&*%5;1-&).5"1-1%3&0(&51-*(&.,%&-'&(-8E&!"*,:1"&'-*&5()'=3&
)("*%5("*&0(&0(#(;6%(8&I#(')*+&)*',(&":'&01,'*&0(#4*&1"&5.5("*3&#+#%&'@%'&,(7-(#*'5&')1;,'&'#()*.,& ("*%*'*('&'0'1?+&0(*'-%%&,(7(,%*.',(&-'&5.5("*1-&5.,6%%&)'-(A&BI1&51,%*&2%&'-6%&#'5','F%&0(:'%&5(%3&(%&
%0(%3&#+&'&2%&0%);+,1*&#'5(,'&1"0(&5+&'7-'58&H15&:&"1&2*%13&0',&5:'5&*,(F%*&!"&5%=-.#1-&1"(%&#45;%%& !")+3&"(;1*4"01:2%&`*'&)('5'&#+&'1&51,%*3&#,(0('1&#+&/%)('F+8&S18&5%:'5&0'*&)('5'&%5(0%'*&#+&'5&
!"*%")(8&o,151)(6('&;(%)'=1-1%&(,'&0(&"(0()#,%)8&9(%)'=(-(&;+54"*1-1%&)1"*&7,15.')(3&0',&#(-(&#(,(2*%& 51,%*3&0',&"1:5%&;1*('5&(L;-%#'&'#()*&7';*3&;("*,1&#+&/(0('5&-'&7(-&#'&!"'%"*(8&!"'%"*(&0(&'&;-(#'&!"&
)1"*&5%"1"'*(8&U(,?('53&0',3&-1#,1&#%10'*A&;%#%.',(-(&5(-(&"1&'*%"?('1&l;+54"*1-n3&'-1"(#'5&;()*(& ,+F@.%3&"1&5:'5&?4"0%*&"%#%.0'*+&-'&#."0%6%%-(&;,.@'@%-(&'-(&-15%%&);%,%*1'-(8&!"&*%5;1-&2(0(,%%&!"&
(-3&#'&!"*,:1"&/%)8&C',&1"0(&(,'1&#(%&;(&#',(&!%&%1@%)(5D&T"0(&(,'1&'5%#%%&0(&#',(&(,'5&'*4*&0(&-(?'*+& *,'"2((3 & 5%:' & 71?%* & ?4"01- & -' & H(,3 & 0', & "1:5% & ;1*('5 & %5'?%"' & '0(/+,1-8 & o%,(2*(3 & '/('5 & !" & #';&
;(&;+54"*3&2%&#',(&'1&/("%*&'%#%&!"'%"*('&5('D&9("*,1&#(&'#(')*+&%F.-',(&!"&".1'&5('&(L%)*("6+D&J1:5%& 0()#,%(,%-(&0%"&#+,6%-(&@%)(,%#(2*%&0();,(&#.,1,%&2%&$',7(&!"?(,(2*%8&C',&#(('&#(&(,'&0(&"(!"6(-()&;("*,1&
'5%"*()#&)+&7%&,.)*%*&'#()*(&?4"01,%3&0',&#'&2%&#15&5:',&7%&'1F%*&#%"(/'3&'5&/+F1*&!"'%"*('&5('&0.%& 5%"(3&01;+&#(&'5&51,%*3&(,'&7';*1-&#+&5+&/(0('5&2%&)%56('5&'@).-1*&#'&2%&5'%&!"'%"*(3&;(&#4"0&!"&
*%"(,%&'&#+,.,&7,151)(6(&!"*,(#('&*.*&#(&);%,%*1-&15'"&;.'*(&)+:2%&%5'?%"(F(8 ,('-%*'*(&(,'5&.&15@,+3&.&#('6+8
H1&51-6%&'"%&!"&1,5+3&#1&-'#,%5%&0(&01,(,(&2%&0%);(,',(3&;1"('5&!"&5.,54"*3&1"1-&01;+&'-*1-&0.%& C(&')(5("('&"1:5%&;1*('5&(L;-%#'&7';*1-&#+&'*1"#%&#4"0&/+&/%F%*'53&/+&/(0('5&;(&*.6%&#'&;(&.&
#.;%%&5%#%3&;(&#',(&!%&'0.,'58&I0()('3&;-4"?4"0&;(&5.,54"*1-&-.,3&!"*%"0('5&@,'6(-(&!"'%"*(3&#'&2%& #('6+3&#'&15@,(8&R5(0%'*&01;+&5.',*(3&#4"0&/:'5&/%F%*'*&'#')+3&/:'5&/+F1*&#'&2%&#4"0&(,'5&;,%"*,(&
#15&'2&7%&/,1*&)+:%&,(#42*%?&0%"&?$(',(-(&5.,6%%&#',(&5%:%&,+;%)(8&a3&0,'?%%&5(%&#.;%%3&#4*&/:'5&0.,%*M& /.%3 & 0', & 5'% & *4,F%13 & *,(;*'*3 & /.% & !5% & 0(/("('6% & 0%" & #( & !" & #( & 5'% & ;16%" & #.,;.,'-%Q & '#15 & /+ & /+0&
H4"0&'1&';+,1*&'#(2*%&*%"(,%3&71-?(,+*.,3&0%"&%")*%"#*3&'5&)%56%*&#+&)1"*&#.;%%%&5(%3&0(/("%6%&'#15& ')(5("('&1".,&#.,;1,%&0%'7'"(3&'0%#+&/+&/+0&'2'&#15&/(6%&7%&'%#%3&#'&);%,%*(8&I%#%&)1"*&7.',*(&.#1;'*3&
'01-6%8&J:'5&5'%&(F%*'*&2%&'5&!"*%")&@,'6(-(&#'&2%&'-*+0'*+&;(&;+54"*3&0',&0(&0'*'&'#(')*'&%:'5&)*,4")& 2%&'2'&)1"*(5&#1&*.6%%8&J1&!"*,(,1;(5&-1#,1-&".)*,1&0(#4*&#4"0&"(&)%56%5&.@.)%6%8&K+&2*%%&!")+&#+&
#1&'0(/+,'*&-'&)4"1-&5(1M&la3&)#15;%%&5(%&#.;%%3&/:'5&,(?+)%*3&!"&7%"(3&2%&'#15&)1"*(6%&'%&5(% .@.)('-'&".')*,+&()*(&0(&'-*+&"'*1,+&0(#4*&'&/.')*,+8&!6%&/.%&/.,@%&'-*+&0'*+&0(&.#1;'6%%-(&5(-(8&9("*,1&
;("*,1&*.*0('1"'MnE '#153&".';*(&@1"+ME
!"*,:.&'-*+&#.51"%#',(3&%"*(,/%"(&);%,%*1-&?$%0&'-&'#()*1%&*4"+,3&#',(&0+&(L;-%#'6%%&,(7(,%*.',(&-'&
H1&,(?,(*&!"*,(,1;&(L;1"(,('&'#()*1%&);%,%*&#',(&!2%&,(/(0(&';.%&;+,%"6%%3&;,%(*("%%&2%&);%,%*1-&)+1 #(-(&);1)(&0(&;1;%-1-&)+18&R'*+&#.51"%#',('&)'A
?$%03&;("*,1&'&(L'5%"'&2%&'-*(&5+,*1,%)%,%&0%"&-15('&);'6%'-+8 BC(&!"0'*+&#(&'&7.)*&-./%*&0(&.&)#$%=+&0(&.@1F3&7,'*(-(&*+1&'&2*%1*&#+&.,'&5.,6%%&'&).)%*&;("*,1&(-8&
J(#1".)#1*1-&%&)(&;,(F("*'&*(,%@%-&!"&);')5(-(&'?."%(%&)'-(8&!"&5.5("*1-&#4"0&!6%&#.51"%#'3&'&,(*,+%*&
'#()*(&?,.F'/(&5.5("*(8&C(&'%#%&*,()+,%,%-(&#."/1-)%/(&'-(&54%"%%&*'-(3&#',(&*(:'1&%5;,()%."'*&'*4*&0(&
c(/%)*' & ("?-(F+ & BG%?$*E & ;1@-%#' & !" & '"1- & <sVV3 & !" & #4*(/' & "15(,( & #.")(#1*%/(3 & #.51"%#+,%-(& 51-*8&!"&7."03&#,%F'&5.,6%%&()*(&'#(('2%&;("*,1&*.'*+&-15('8&C',&;("*,1&1"&).-0'*&1#%)&71-?(,+*.,3&
*,')#("0("*'-( & ;,%5%*( & 0( & 0.'5"' & g.;( & g1"*(, & : & 7(5(%( & )%5;-+ & 2% & "(#1".)#+*.',( & ' & 0.#*,%"(%& -1#,1,%-(&0%7(,+&!"*,1#4*/'8
,(/(-'*(&:&0(&-'&7,'*(-(&(%&5'%&*4"+,3&#',(&51,%)(&;(&#45;1-&0(&-1;*+3&!"&o,'"6'8 H4"0&'&).)%*&5.5("*1-&7'*'-3&#.,;1-&(*(,%#3&#',(&;+*,1"0(&*,1;1-3&!"#(;(&)+&)(&0()7'#+&0(&(-3&;(&
I7-4"0&0(&5.',*('&7,'*(-1%&(%3&)(&0(2*(;*+&!"&('&0.,%"6'&0(&'&'7-'&#(/'&0();,(&(-8&!"&'#()*&)#.;3&)(& 5+)1,+&#(&/%*'-%*'*('&)(&,(*,'?(8&9,.#()1-&(&')(5+"+*.,&#1&'#(-'&'-&%(2%,%%&7-1*1,(-1%&0%"&#,%)'-%0'&)'8&
01)(&-'&.&;,%(*("+&#',(&;.)(0'&.&;-'"2(*+&#1&-%*(,(-(&'-7'@(*1-1%&2%&!"#(,#4"0&)+&%'&-(?+*1,'&#1&7,'*(-(& R"&*%5;&#(&#.,;1-&(*(,%#&)(&(-%@(,('F+&0(&*,1;3&/%"&'"15%*(&("*%*+6%&);%,%*1'-(3&;("*,1&'&0'&'=1*.,&
(%3&0()#.;(,%&#1&5%,',(&#+&;,%5(2*(&)%-'@(3&#1/%"*(3&7,'F(3&0(#%&#.")*'*+&;,(F("6'&1"(%&%"*(-%?("6(3&#',(&)(& );%,%*1!1%&#(&)(&0()*,1;('F+8&S)*(&.&"'2*(,(&!"*.#5'%&#'&2%&'&1"1%&#.;%-&!"&5(0%1-&*(,()*,1Q&2%&'%#%&(&
)*,+01%'&)+:%&#.51"%#(8&R"&#1,4"03&("*%*'*('&);%,%*1'-+&!%&,(#.5'"0+&)+&;+,+)(')#+&;-'"2(*'&2%&)+&)#,%(8& "(/.%(&0(&.&!"?,%=%,(3&0(&'=1*.,8&o+,+&'#()*&);,%=%"3&(-&):',&)%56%&;%(,01*3&0(F.,%("*'*3&!"7,%#.2'*8&a,&
H(('&#(&7+#13&2%&')*7(-&0(/("%&1"&5(0%15&)#,%%*.,&'1*.5'*8 ;,%51-&-1#,1&()*(&)+&#."/%"?%&);%,%*1-&#+&"1&(&5.,*8&!"&?("(,'-3&#1&'#(')*+&5%)%1"(&)1"*&!")+,#%"'*(&
T-*(,%.,&('&)#,%(&0%,(#*.,1-1%&,(/%)*(%A&BJ1&'5&'/1*&.#'F%'&)+&5+&%")*,1%()#8&G'&<d&'"%3&01;+& ,10(-(&".1-1%&).)%*8
5.',*('&*'*+-1%&5(13&'5&,("1"6'*&-'&2#.'-+8&H'&'*',(3&"1&;.*&)+&#.5;1"&1"&*(L*8&J1&2*%'5&2%&"1&2*%1& o,'*(-(&*+1&6%:'&);1)&#+&):'&*,'");.,*'*&%5(0%'*&-'&K.5(,)(*3&1"0(&!2%&/+F1&5'5'3&#.;%-1-3&).6%'&>%&
"%5%#&0();,(&(L;(,%("6(-(&);%,%*1'-%)*(8&!")+3&);%,%*(-(&#',(&!5%&#.51"%#+&5+&!"0('5"+&)+&;,(F%"*& ;(&*%"(&#1&).61-&*+18&[.%&!"#(,#'&)+:6%&(L;-%#&#15&):'&;(*,(#1*&'#()*&7(".5("8
5()'=(-(&;,%5%*(&1"(%&;(,).'"(&#.5;(*("*(&!"&'#(')*+&;,%/%"6+8E !"&5.5("*1-&5.,6%%3&);%,%*1-&5'%&,+54"(&#4*/'&*%5;&%5;,(?"'*&0(&7-1%0(&15'"(3&7-1%0(-(&#.,;1-1%&
r%*'-8&I#(')*'&!")('5"+&#+&(-&',(&!"#+&,';.,*1,%&#1&-15('&*(,()*,+8&9+,+)%"0&*,1;1-&)+13&(-&,+54"(&
R'*+&1"&#,45;(%&0%"&#.51"%#+,%-(&7,'*(-1%&)+18 !"/(-%*&"15'%&0(&#.,;1-&)17-(*()#8&!"&'#()*(&#."0%6%%&()*(&)17%#%("*&#'&(-&)+&)(&?4"0(')#+&-'&1"&-.#&
BI5&51,%*&-./%*&0(&1"&7,'?5("*&0(&.@1F8&U%&):'&);1)&0(&#(%&0(&'%#%&#+&5.',*('&5('&):'&;,.01)&!"& .',(#',(3&;("*,1&#'&)+&7%(&*,'");.,*'*&-'&-.#1-&1"0(&!-&;.',*+&0.,%"6'&)'8&9,%51-&?4"0&'-&7,'*(-1%&*+1
5'%&;16%"&0(&1"&5%"1*8&H."/1-)%%-(&'?."%(%&'1&7.)*&7.',*(&)#1,*(3&#1&*.'*(&#+&5%&):'&;+,1*&#+&'1&01,'*&
.,(8&H4"0&'5&7.)*&-./%*3&5+&?+)('5&;(&5',?%"('&*,'"2((%8&C1;+&!"#(*',('&#."/1-)%%-.,3&5:'5
ZZ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&C,%7'&#',*( Z[

J2',*('

'&7.)*&!"0,(;*'D#1&5',(&%1@%,(&#+*,(&).6%'&2%&5%#1-&)+1&#.;%-8&S-&)(&?+)%&0(#%&%")*'"*'"(1&-'&(%3&2%&7%%"0& 2%&#+&;,%"0&'"15%*(&)1"(*(&51F%#'-(8&U+&!"*,(@'5A&lH(&)+&!")(5"(&'#()*('Dn&K%56('5&#+&!""(@1"()#3&
%5;,(?"'*&!"#+&0(&7-1%0(&15'"(3&'&;1*1*&)+:%&/'0+&#'&2%&#1&.#$%%&7%F%#%8 ;("*,1&#+&-1;*'5&#1&"(#1".)#1*1-8&!"&7%"(3&.@.)%*3&'5&#+F1*&-'&;+54"*3&!"*,:.&0(;,()%(&5.,'-+&0(&
I;.%3&7,'*(-(&*+1&6%:'&;./()*%*A&lI5&/+F1*&*,(#4"0&;(&0%"'%"*('&5('&*.'*(&(/("%5("*(-(&/%(6%%& "(0()#,%)8&H4"0&5%:'5&,(/("%*3&5:'5&*,(F%*&:&"1&2*%1&#15&:&-4"?+&)*4"#'&1"0(&(,'&!"*%")&*,1;1-&5(18&
5(-(3&#.")*'*4"0&#4*&0(&,+1&5:'5&;1,*'*n8&S)*(&/.,@'&0(&1"&7(".5("&7.',*(&%5;.,*'"*&'-&(L%)*("6(%& I5&!"#(,#'*&)+:<&,%0%#3&)+:<&!"/%13&0',&'5&7.)*&"(/.%*&)+&5+&!"0(;+,*(F3&,();%")&0(&5%,.)1-&#',(&)(&
);%,%*1'-(3&#',(&!"&?("(,'-3&;,(#(0(&)'"#6%1"%-.,&#(&/.,&1,5'&2%&#+,.,'&*,(@1%(&#1&*.6%%&)+&"(&)1;1"(53& ,%0%#'&0%"&(-8&!5%&/("%&%',+2%&%0(('&#+&*,(@1%(&)+&7%1&"(@1"3&7+,+&)+&5+&?4"0()#&-'&(/("*1'-%*'*('&5.,6%%&
!"&/(0(,('&#.,(#*+,%%&?,(2(-%-.,&".')*,(8&[%F%1"('&)(&0()7+2.',+&!"'%"*('&".')*,+&!"*,:.&)(#1"0+3&0',& 5(-(&7%F%#(8&J1&2*%1&#4*&*%5;&'5&,+*+#%*&!"&=1,1-&'#()*.,&)*4"#%3&0',&!"&)74,2%*3&!"*,:.&F%&l"(@1"%'n&5('&
('&"(&';')+&;,%"&/.-151-&)+1&2%&"(&F?101%(&;,%"&%"*(")%*'*('&)'8&I*1"#%&"(&/(0(5&'2'&#15&'5&7.)*3&0(& '=1")(&!"*,:.&7'F+&"('2*(;*'*+8&S,'5&!"*,:.&#')+3&0(&1"0(&"1&;1*('5&;-(#'3&2%&!"&#',(&)(&'7-'1&0.1+&
-'&-('?+"&;4"+&-'&5.,54"*8&J:'2&;1*('&)+:6%&);1"&#15&)(&;,.01#(&'#()*&7(".5("3&0',&71"0'5("*1-&-1%& ;(,).'"(&"(#1".)#1*(8&G'&!"#(;1*&'5&')#1-*'*&51F%#+&-'&;%'"3&';.%3&-(#*1,'&1"(%&#+,6%&2%&#."/(,)'6%%-(&
,(F%0+ & 0%" & *%5;1- & (L%)*("6(% & ".')*,( & *(,()*,(8 & P.'*( & '#6%1"%-( & 2% & ?4"01,%-(3 & @1"( & )'1 & ,(-(3 & )1"*& #',(&'1&1,5'*8&I5&'7-'*&;(&1,5+&#+&#(-(&0.1+&0.'5"(&2*%'1&0(&;,(F("6'&5('8&I)#1-*'5&'*("*3&'7-4"0&
!",(?%)*,'*(&;("*,1&*.*0('1"'&!"&(*(,1-&#',(&%5;,(?"('F+&.,?'"%)51-&".)*,18&R"&0(7%"%*%/3&(&1"&;,.#(0(1& 0(&-'&(-(&#+&.51-&;.)(0+&1"&);%,%*&#',(&#."*%"1+&)+&*,+%')#+&2%&01;+&5.',*('&*,1;1-1%8&!5%&F%#('5A&lH(&
7.*.?,'7%#8 '@)1,0%*+6%&/.,@()#&'#()*(&0.'5"(Mn&C',&0(.0'*+3&#%"(/'&!5%&7'#(&#1".)#1*&#+&#(('&#(&)(&);1"('&(,'&
o,'*(-(&6%:'&#.51"%#'*&#15&<:'&!"*4-"%*&;(&*'*+-&/.)*,18&P.'*(&'#()*('&):'1&;,.01)&!"*,:.&)(#1"0+&'& '0(/+,'*3&2%&#+&(1&(,'5&#(-&#(&51,%)(8&I*1"#%&5:'5&!"*,(@'*A&lH15D&S1&)1"*&5.,*D&C',&'*1"#%&1"0(&
*%5;1-1%&/.)*,13&0',&7,'*(-1%&*+13&#',(&#'-#1-'&*%5;1-&01;+&%"*(")%*'*('&(/("%5("*(-.,3&%&):'1&;+,1*&.,(8& 5+&?+)()#D&H(&'5&0(/("%*Dn
G'&!"#(;1*&"1&<:'&,(#1".)#1*3&#(('&#(&)(&!"*45;-+&0()8&!"*,:'0(/+,3&0()*,1;'*1-&"1&)(&'2*(';*+&)+&)(& C(&!"0'*+&#(&5:'5&#."/%")&#+&'5&51,%*3&-1#,1,%-(&):'1&)#$%5@'*8&S,'5&!"#."=1,'*&0(&);%,%*(&
!"*4-"(')#+&#1&,10(-(&-1%Q&.,%#153&');(#*1-&-.,&)(&)#$%5@+8&!"&?("(,'-3&.&#,(2*(,(&'&#.,;1-1%&);%,%*1'-& 0.,%*.',(&)+&5+&')%)*(8&J1&/+&;1*(6%&7'#(&%0((&#(&7,+54"*+,%&)(&;,.01#('1&!"&5%"(8&I5&!"*,(@'*A&
(L%)*+&2%&-'&".%8&T"&#.;%-&#',(&;+,+)(2*(&/%'6'&*(,()*,+&#,(2*(&;4"+&'*%"?(&5'*1,%*'*('3&%',&1"&@+*,4"& lK1"*&5.,*D&C',&5'%&#1,4"0&5+&#,(0&"(@1"n8&U%&)(&,+);1")(A&lS2*%&5.,*3&0',&"15'%&;("*,1&-15('&
,(0(/%"(&*4"+,3&;4"+&-'&;1"#*1-&0(;-%"(%&-1%&/'-%0%*+6%8&P'*+-&/.)*,1&'&51,%*&!"&;-("%*10%"('&/4,)*(%& *,1;(')#+3&'&;(,#(;6%%-.,&7%F%#(Q&(2*%&!")+&5'%&/%1&#'&.,%#4"03&;("*,1&#+&(2*%&!"&-15('&);%,%*1'-+8&I#15&
'01-*(&2%&0(&'#(('&7%1-&)+1&"1&<:'&,(#1".)#1*3&;("*,1&#+&'1&*,(#1*&;,('&51-6%&'"%&0(&'*1"#%&2%&(-&'&'*%")& *(&?+)(2*%&!"*,:.&'-*+&-15(8&I)(5("('&6%(3&2%&".%&'5&*,(#1*&;,%"&')(5("('&#,%F(&'-(&5.,6%%3&!"'%"*(&0(&
!"& -15('& ".')*,+&.&)*',(&0(&.&,'0%'"*+&7,151)(6(8&!-&,(#1".)#1&*.*12%3&#4"0&%:'&/.,@%*8& !"&-15('& '#.5.0',('&-'&'#(')*+&-15(8&C(&!"0'*+&#(&!6%&/(%&0'&)('5'&0(&".%-(&#."0%6%%&0(&(L%)*("6+3&#."*%"1+&
);%,%*1'-+&"1&*(&;.6%&!"2(-'8 ;,.?,()1-&*+1&);%,%*1'-n8
a&'-*+&'7%,5'6%(&'&7,'*(-1%&*+1&(&0()-12%*+&;,%"&('&!")+2%8&S-&);1"(A&l91*('5&)+&/+0&#(('&#(& K;,(&5',('&5('&)1,;,%F+3&(,'5&%"7.,5'*&#+&'#(')*+&'01"',(&0(&);%,%*(&)(&,(1"%)(&;("*,1&'&5+&
?4"0('1&#'5','F%%&5(%n8&o';*1-&'#()*'&',(&-.#&!"&/%'6'&);%,%*1'-+3&;("*,1&#+&*,'")5%*(,('&?4"01-1%& '=1*'3&2%&#+&'#(')*'&)(&7+#('&01;+&%"*(,/("6%'&1"1%'&0%"*,(&/(#$%%&5(%&'5%#%8&J1:5%&*,(#('&;,%"&5%"*(&
()*(&5.01-&".,5'-&0(&#."/(,)'6%(&!"*,(&("*%*+6%-(&);%,%*1'-(8&H4"0&1"&;+54"*('"&?4"0(2*(3&%0(%-(&)(& #%"(&;1*('&7%&'#(-&'5%#&?("(,.)8&K;%,%*(-(&0%"&=1,1-&5(1&!5%&);1"('1&#+&*,(@1%(&)+&,(%"*,1&;("*,1&
(L*(,%.,%F('F+&0%"&7,1"*('&-1%&2%&%'1&'"15%*(&7.,5(&#."#,(*(3&#.,();1"F+*.',(&%0(%-.,&)'-(3&7.,5(&;(& #4*/'&*%5;&!"&5(0%1-&.,%@%-&0(&1"0(&'@%'&5+&)#.)()(,+3&0',&#+&.&,'F+&0(&-15%"+&/'&)*,+-1#%&;("*,1&
#',(&*.'*(&("*%*+6%-(&);%,%*1'-(&2*%1&)+&-(&#%*(')#+8 5%"(3&#'&.&)*('&0(&);(,'"6+3&#',(&!"&7%"(&5+&/'&'=1*'&)+&%()&0%"&!"*1"(,%#&-'&-15%"+8
o,'*(-(&*(:'&%"7.,5'*&#+&*,+%(2*(&#1&*'*+-&)+1&!"&-.#1%"6'&'#()*1%'8&S)*(&'@).-1*&'0(/+,'*8&z%:'5& C1;+&;16%"&*%5;3&5:'5&,(?+)%*&!"&'#(-'2%&5(0%1&!"*1"(#'*3&0',&.&)-'@+&-15%"%6+&)*,+-1#('&-4"?+&
(L;-%#'*&'-*+&0'*+3&!"*,:1"&'-*&5()'=3&#+&!"&-15('&);%,%*1'-+&?4"0%,('&2%&/.%"6'&)1"*&7.,6(&;,%"&#',(&)(& 5%"(&2%&0(/("%&)*('1'&5('&;.-',+8&H1&#4*&.&;,%/('5&5'%&51-*3&#1&'*4*&-15%"'&)'&;+,('&#+&0(/%"(&5'%&
;.'*(&#,(('&.,%#(&0.,(2*%8&N4"0%,('&(&*.*1-&!"&-15('&);%,%*1'-+8&9,%"&7.,6'&?4"01-1%&1"%*+&#1&/.%"6'3& )*,+-1#%*.',(8&S'&)(&',+*+3&#4"0&-'&0,(';*'3&#4"0&-'&)*4"?'&5('3&0',&"1&)(&)*%"?('&"%#%.0'*+8&J:'2&
("*%*+6%-(&);%,%*1'-(&#,(('F+&*.*&#(&'1&"(/.%(8E ;1*('&#'-#1-'&01,'*'&2(0(,%%&!"&!"*1"(,%#1-&'*("1'*&;,%"&'#('&,'F+&-15%".')+8
J(&.;,%5&'%#%3&;("*,1&'&"1&0'&.&(L*(")%(&;,('&5',(&'#()*(%&(L;1"(,%8 9',#+&"1:5%&/%"(&)+&0()#,%1&(/("%5("*(-(&;,%"&#',(&'&*,(#1*&)17-(*1-&5(1M&9,%"&@1"+*'*('&1"1%&'-*&
);%,%*&:&0(5"&0(&R)1)&0%"&J'F',(*&:&);%,%*1-&5(1&)(&;,(#%;%*+&!"&'@%)1-&,(512#+,%-.,8&J(0,(;*+6%-(&5(-(&
$ $ $
):'1&,%0%#'*&!"&7'6'&5('&#'&.&7'"*.5+3&#',(&5+&1,5+,('&2%&5+&',+*'&#'&7%%"0&#(-&5'%&5',(&*%#+-.)8&H1&
*.'*(&'#()*('3&*,(@1%(&)+:5%&#."*%"1%&;./()*('3&#'&)+&/+&;1*(6%&7'#(&.&%0((&0();,(&;1*(,('&%1@%,%%&
I5& 0()#,%) & ;4"+ & '#15 & #.51"%#+,%-( & 1"., & ("*%*+6% & );%,%*1'-( & #',( & '1 & 01) & ;( & ;+54"* & . & /%'6+& 5(0%1-1%&);%,%*1'-8&J1&(L%)*+&!"&-15(&0(#4*&.&)%"?1,+&-(?(A&=1A%,('/&#',(&'*,'?(&%(,*',('8
5.,'-+&.@%2"1%*+8&[.%&0()#,%(&'#15&#(-(&#.51"%#'*(&0(&.&("*%*'*(&);%,%*1'-+&#',(&):'&'@+*1*&0%"&#'-('& !"&7%"(3&5+&?,+@()#&)+&5+&);./(0()#8&R(,*'6%:5+3&0'#+&;1*(6%Q&#4*&0();,(&5%"(3&"1:5%&;.*&%(,*'&
".,5'-+&'&/%(6%%8&R'*+&#(&);1"(&1"&".@%-&("?-(F&#',(&"1&(,'&1"&.5&,+13&2%&*.*12%&2%:'&01)&/%'6'&!"& #(('&#(&'5&7+#1*8&H(-&#',(&'&;1*1*&)+&5+&%(,*(&()*(&#(-&5'%&)1@-%5&0%"*,(&.'5("%3&%',&?("(,.F%*'*('&-1%&
;(*,(#(,%3&@'&#$%',&2%&0(;,'/+,%8&H.51"%#',('&-1%&'&/("%*&;,%"&0.%&5(0%15%3&0.1+&;(,).'"(&#(&(,'1& !5%&)742%(&%"%5'8&I5%#1-&;(&#',(&-:'5&*,+0'*&!"&/%'6'&*(,()*,+3&;(&#',(&-:'5&;+,+)%*&;,'0+&0()*%"1-1%&)+13&
;,%(*("(3&2%&'"15(&0.'5"'&I%5((&S',-(&2%&0.'5"'&o-.,("#(&C%)5.,(8 7+#4"01:<&1"&;,.)#,%)&'-&).#%(*+6%%3&'&#$(5'*&);%,%*(-(&!"&=1,1-&5(13&#'&)+&5+&')%)*(8&I5&/+F1*&#15&
!"*,:.&F%3&;(&#4"0&0.'5"'&C%)5.,(&#4"*'&-'&;%'"3&0.'5"'&S',-#&:&#-',/+F+*.',(&:&!%&'*,'?(&'*("6%'& '#()*(&);%,%*(&):'1&0'*&0(.;',*(&2%&#15&-%"&);%,%*&'/'")'&);,(&5%"(3&)1,4F4"01:5%8&G:'5&;,%/%*&'*("*Q&
;,%(*("(%&)'-(3&#+&/(0(&.&("*%*'*(&);%,%*1'-+3&'/4"0&#$%;1-&1"1%&.5&@,1"(*8&I&0.1'&F%3&;(&#4"0&#(-(& (-&(,'&:&I5@,.)%(3&'5%#1-&;(&#',(&-:'5&*,+0'*M&!5%&!"*%")(&@,'6(-(3&%',&(1&5%:'5&')#1")&7'6'&!"&15+,1-&
0.1+&;,%(*("(&(,'1&0%"&".1&!5;,(1"+&2%&#.5("*'1&#(-(&#%*%*(&!"*,:.&#',*(&'&-%*(,'*1,%%&,(/(-'*(3&0.'5"'& )+1M&U+&.;,()#Q&"1&5'%&;.*&#."*%"1'&0(&(5.6%(888&0()*1-&;("*,1&'F%E8
S',-(&/(0(&0%"&".1&'#(('2%&7'"*.5+3&#',(&;+,('&#+&')#1-*+&)1@%(#*1-&#.5("*'*&0(&#(-(&0.1+&;,%(*("(3& J(&.;,%5&2%&".%&#1&0()#,%(,('&7+#1*+&0(&'#(')*+&("*%*'*(&);%,%*1'-+&;("*,1&'&"1&%(2%&0%"&)1@%(#*1-&
2%&/("%"0&/.,@'&0(&;(,).'"'&-1%3&)(&'0,()+&#(-.,&0.1+&7(5(%A&BC',&(1&"1&)1"*&5.,*3&%'*+:5+3&)1"*&'%#%& ".)*,18&C%"&'#(')*+&(L;1"(,(&#.")*'*+5&#+&.51-&#',(&'&01)&.&/%'6+&;-%"+&0(&0()7+*+,%&2%&?,(2(-%3&.51-&
-4"?+&/.%E8&K;%,%*1-&?$%0&'-&0.'5"(%&S',-(&:&#',(&(,'&0(&7'6+&2%&*.*12%&%"/%F%@%-&*1*1,.,&:!%&);1)(&)+&"1& #',(&2%:'&#1,5'*&7%,1-&/%(6%%3&/("%"0&!"&-15('&);%,%*1'-+3&()*(&5',#'*&#1&7-1%0(&%5;1,(3&0(&.&#'-%*'*(&
,+);1"0+ & "%#% & 1" & #1/4"* & '#(-1% & );%,%* & 2% & )+ & #."*%"1( & )+ & #%*(')#+3 & 7+#4"0 & '@)*,'#6%( & 0( & ;,(F("6'& %"7(,%.',+8&N4"01,%-(&0(&1,+&2%&,+F@1"',(3&#-(/(*%,('&2%&@-()*(51-3&#'&2%&7';*'&#."*,'&-(?%-.,&5.,'-(&2%&
);%,%*1-1%8 0%/%"(3&0(*(,5%"+&1"&).,@&0(&7-1%0(&%"7(,%.',(3&#',(&)(&!"#.,;.,('F+&!"&#.,;1-&)17-(*()#&'-&);%,%*1-1%&
K;%,%*1-&?$%0&'-&".1-1%&/("%*&!"&-15('&#(,(')#+&!-&'01)(&'%#%&#'&)+:<&#."/%"?+&#+&(-&!"*,:'0(/+,&'& ?,(2%*8&K.)%"0&!"&-15('&#(,(')#+&!5;./+,'*&0(&'#(')*+&5'*(,%(&?,(.'%(3&);%,%*1-&"1&',(&;.)%@%-%*'*('&
51,%*&2%&#+&'#15&)(&?+)(2*(&!"&-15('&);%,%*1'-+8&C1;+&#(&'&!"6(-()&".1'&)*',(&2%&-15(&!"&#',(&)(&'7-+3& 0(&'&)(&(-%@(,'&0(&('&0(#4*&;,%"*,:.&)17(,%"6+&5.,'-+&2%&.&01,(,(&#.,;.,'-+&:&0(&"'*1,+&);%,%*1'-+8&C(&
);%,%*1-&'&7.)*&#."/%")&)+:2%&0()*+%"1%(3&#'&.&);./(0'"%(3&/%'6'&)'&?,(2%*+8 '%#% & ?,.'F' & 0( & !"*1"(,%# & 2% & *.,*1,' & ;,%" & 7,%? & )'1 & 7-+#+,% & ',F+*.',(8 & C1,(,(' & ()*( & 5(0%#'5("*1-3&
BC(&#4*(&-1#,1,%&*,(@1%(&)+&*(&0(F.@%2"1%(2*%&#4"0&/%%&!"&".1'&(L%)*("6+M&a$3&0(&#4*(3&0(&#4*(M&C',& %")*,15("*1-&#',(&7'#(&#'&);%,%*1-3&)#4"*(%'&0%/%"+&)+&'%@+&.&/%@,'6%(&'*4*&0(&!"'-*+3&!"#4*&)+&;,./.'#(&
#15 & )+ & 7'#% & #' & )+ & *( & ,%0%#%D & S & *4,F%1 & ;("*,1 & 5%"(3 & 2% & #1 & *.'*( & '#()*(' & '5 & !" & =1,1- & 5(1 & );%,%*(& (-%5%"',('&5'*(,%(%& (*(,%#( &.,0%"',(8 &P,(;*'*3 & );%,%*1- & )( & 0(F@,'#+3 & )( &)#1*1,+&0( & '#(')*+ & 5'*(,%(&
?("(,.')(3&#',(&5+&!"#1,'=('F+3&!"*+,%"01:5%&#,(0%"6'&#+&/.%&/(0('&2%&(1&);-("0.,%-(&);'6%%-.,&2%&/.%& %5;1,+8&C(&!"0'*+&#(&):'& ;1,%7%#'*3&()*(&'*,')& !"&)1)&#+*,(&"%/(-1-& ?,'01-1%&)+1& );%,%*1'-8&P%5;1-&
'1F%&',5."%'&#(,(')#+8&I#15&"1&5+&5'%&)%5*&(?.%)*3&@'&#$%',&'5&.&5',(&)%5;'*%(&;("*,1&*.6%8&U%&):'& "(#()',&'#()*(%&;1,%7%#+,%&"1&)(&;.'*(&7%L'8&T"%%&)*'1&;16%"&*%5;&!"&'#(')*+&%F.-',(3&!"*1"(,%#3&7.#&)'1&
';-%#'*&1"&*,'*'5("*&("(,?%#3&0',&"(#()',8 ?$('6+3&%',&'-6%%&)*'1&)(#.-(8
a&)(#1"0+&0"&/%'6'&*(,()*,+&5%:'&7.)*&0(&'=1")&)+&5+&)%"1#%08&H+F1)(5&-'&@'F'&1"(%&)*4"#%8&T"&
@-.#&)(&0();,%")(&5'%&';.%&0(&)1)&2%:5%&)*,%/%&#';1-&#1&0()+/4,2%,(3&74#4"01:5+&0(&"(,(#1".)#1*8&I5& # # #

7.)*& %0("*%7%#'*& 01;+&$4,*%%-(&'/1*(&-'&5%"(8&C1;+&'#(('3& '5&7.)*&#1;,%")&0(&!"*1"(,%#1-&#(-&5'%&


;,.71"08 &I5 & !"#(,#'* & )+ & 5(,?3 & ;%;+%"0 & ;,%" & !"*1"(,%#8 & J1 & F+,('5 & "%#% & . & -15%"+8 & a & *+#(,( & 0(& R"&#."*%"1',(&0'1&#1/4"*1-&1"(%&'-*(&("*%*+6%&);%,%*1'-(3&#',(&!2%&5+,*1,%)(2*(&%5;,()%%-(&;,%5(-.,&
5.,54"*&(,'&!"&=1,1-&5(%%3&#(('&#(&5+&!"?,.F('8&!5%&;+,('&!")+&#+&-%#+,(2*(&!"&0(;+,*',(&.&-15%"+ 5.5("*(&'-(&*,(#(,%%&;,'?1-1%&5.,6%%8
Z\ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&C,%7'&#',*( J2',*(' ZT

H%"(&"1&'&'1F%*&0(&#(-(@,1-&'#*.,&c10.-7&['-("*%".D&I#()*&0%)*%")&',*%)*&!"&/%'6'&)'&*(,()*,+&(,'&1"& #(,(5."%(%3 & 5+ & )%56('5 & 0(=' & 0(;',*( & 0( & 5(0%1- & *(,()*,18 & K%*1'6%' & 5(' & 5("*'-+ & )( & 5.0%7%#')(8&
5(0%15&)#,%%*.,&2%&/+F+*.,8&o%%"0&!"&*1,"(1&!"&KTI3&-'&J(y&i.,]3&'&*,(#1*&;,%"*,:.&.;(,'6%(&#',(&):'& p%)(,%#'&5+&6%"('&#'&2%&.&54"+&;,%(*("+8&J1&5'%&(,'5&)%"?1,3&"1:5%&5'%&(,'&7,%#+8
)74,2%*&#1&;-(#',('&-1%&!"&);'6%18 J:'2&;1*('&);1"(&#4*&*%5;&'&01,'*&'#(')*+&)*',(8&!"&7%"(3&'5&0()#$%)&.#$%%&#'&2%&01;+&*,(F%,('&
K.6%' & -1% & ['-("*%".3 & J'*'2' & c'5@./'3 & -.#1%' & !" & o,'"6'3 & -4"?+ & J%)'3 & 1"0( & 7+#(' & 2(0%"6( & #1& 0%"*,:1"&?,(1&2%&'04"#&).5"3&'/4"0&!"&'#(-'2%&*%5;&)("*%5("*1-&#+&)1"*&-1'*&,(;(0(&!"&)1)8&S,'5&
5(0%151-&'5(,%#'"&N8&p("='5%"&w($"(,3&1*%-%F'*&;(&/,(51,%&2%&0(&*(.).71-&g(-("'&9(*,./"'&p-'/'*)]%8& #171"0'*&!"*,:.&);-("0%0+&-15%"+&'-@')*,+&2%&'5&/+F1*&/("%"0&!"&!"*45;%"',('&5('&;(&p-'#]&o('*$(, <3&
9(&#4"0&['-("*%".&(,'&.;(,'*&-'&1"'&0%"&#-%"%#%-(&0%"&J(y&i.,]3&-'&J%)'3&).6%'&)'&J'*'2'&6%"('&.& ;(&x(""r&2%&;(&5'5'&5('8&S,'5&0(#%&*.*12%&/%1M
2(0%"6+ & !" & #',( & )( & 5'"%7()*+ & );%,%*1- & 1"(% & @1"( & ;,%(*("( & ' & 7'5%-%(% &['-("*%".3 & #1 & "15(-( & x(""r3& I#()*('&)1"*3&0,'?'&5('&J'*'2'3&;,%5(-(&5(-(&%5;,()%%&#4"0&'5&*,(#1*&;,'?1-&5.,6%%8E
#.51"%#4"0&#+&'&)*'*&*.*&*%5;1-&-'&#+;+*4%1-&51,%@1"01-1%3&0()#,%%"01:%&*,'");.,*1-&2%&.;(,'6%'8&C1;+& !"*,:.&'-*+&#.51"%#',(3&['-("*%".&!2%&#."*%"1+&;./()*('8
.&)+;*+54"+&J'*'2'&;,%5(2*(&.&)#,%).',(&0(&-'&).,'&(%&'7-'*+&-'&J(y&i.,]3&#.51"%#4"01:%3&;,%"*,(& BS,'&!"&F%1'&#4"0&*,1;1-&5%:'&7.)*&*,'");.,*'*&-'&-.#'21-&)+1&#(-&0%"&1,5+8&K(&/(0('&0(='&.&)-+@%,(&
'-*(-(3&#+&['-("*%".&!"&1-*%5(-(&5.5("*(&'-(&/%(6%%&);1"('&#+&/(0(&2%&)(&!"*,(6%"(&#1&7.)*'&0.'5"+& '&%"*(,()1-1%&;1@-%#1-1%3&7'6+&0(&;(,).'"'&5('8&C',&01;+&#(&*,1;1-&!5%&(,'&0(;1)&!"&5.,54"*&2%&
x(""r8&R"&7%"(3&!")12%&);%,%*1-&-1%&['-("*%".&'&/("%*&!"*,:.&'-*+&2(0%"6+&2%&'&#."7%,5'*&#+&'&7.)*&')%)*'*&0(& =1,"'-(-(&'1&!"#(*'*&)+&)(&5'%&.#1;(&0(&5%"(3&'5&!"#(,#'*&1"&)("*%5("*&0(&)%"?1,+*'*(&"(54"?4%'*+8&
x(""r&!"&1-*%5(-(&5.5("*(&'-(&/%(6%%&)'-(&*,1;(2*%8 U+&,(/.-*'5&!5;.*,%/'&0()*%"1-1%3&#',(&5:'&)51-)&0%"&';.?(1-&?-.,%(%&5(-(8&U%&)(&;+,('&#+&',*'&"1&
c(0+5&'#15&#.51"%#',('&-1%&['-("*%".3&0();,(&7(-1-&#15&'&*,(#1*&;,'?1-&5.,6%%8 5'%&;.'*(&(L%)*'&0(&'%#%&!"#.-.&7+,+&5%"(8&I#15&,40&0(&5%"(3&0(&"'%/%*'*('&0(&'&#,(0(&#+&0%);',%6%'&
B9(&#4"0&5+&?+)('5&!"&#."0%6%%&7.',*(&?,(-(3&0(2%&"1&2*%'5&#+&'5&)+&5.,3&'5&/+F1*&7'"*.5'&-1%& -1%&['-("*%".&',&;,.01#(&1"&0.-%1&%,(;','@%-&;("*,1&',*+8
x(""r8&I5&7.)*&)1,;,%")&0(&/("%,('&(%&2%&#,(0&#+&5%:'5&(L;,%5'*&5%,',('3&);1"4"01:%&;(&"15(8&S,'& S,'5&!"&5(0%1&*(,()*,13&5+&;-%5@'5&;(&p,.'0y'r8&I#(')*+&)*,'0+&!5%&;+,('&'*4*&0(&,('-+&2%&5+&
!"#."=1,'*+&0(&.&-15%"+&0(&#1-.',(&,.F3&2%&5+&;,%/('&)1,4F4"03&!"*.#5'%&#15&7+#('&#4"0&(,'&;,%"*,(& )%56('5&'*4*&0(&/%13&!"#4*&1%*')(5&)*',('&!"&#',(&5+&'7-'58&C',&"%5("%&"1:5%&'#.,0'&"%#%&.&'*("6%(8&
".%3&5'%&'-()&#4"0&/(0('&#+&'5&"(/.%(&0(&!"#1,'=',(Q&';.%&!2%&!"*%")(&@,'6(-(&#+*,(&5%"(8&9,%"&)1,4)1-& U+&/(0('5&2%&/(0('5&'*4*&0(&,('-%&.'5("%%3&!"#4*&"1&;1*('5&)+&0()-12()#&5',('&)#$%5@',(&;,.01)+&
(%3&;+,('&#+&!5%&);1"(A&lJ1&*(&54$"%&#+&;-(#%n8&[%F%1"('&0%);+,1&!"&)(#1"0'&1,5+*.',(3&0',&'5& !"&5%"(8&U+&;-%#*%)('5&0(&'*4*'&;-%5@',(&;,%"*,(&*,(#+*.,%%&'*4*&0(&?,+@%6%3&#',(&;+,('1&*.6%&$.*+,46%&)+&
!"6(-()&#+&/'&*,(@1%&)+&5.,8&C%"&'#(-&5.5("*&'/('5&%"*1%6%'&#+&01,'*'&(L%)*("*(%&5(-(&*(,()*,(&):'& 5+&!5@,4"#(')#+8&G'&1"&5.5("*&0'*3&/("%%&;%(;*&!"&;%(;*&#1&.&7(5(%(8&S'&!"?+-@("%&2%&)(&)*,4")(&
)74,2%*8&U+&!"?,.F('5&0(&'#()*&?4"03&"1&/.%'5&)+&5.,M -4"?+&0.5"1-&#',(& .& !").6('3&)*,%?4"0A&lC15"(F(1-&5(13& 0(&1"0(&/("%&)17-',('& '#(')*'&'*4*&0(&
a&)("F'6%(&#%10'*+&5+&#1;,%")(&';.%3&5%&)(&;+,('&#+&5+&)#171"0&!"&'@%)8&G15('&5%&)(&;+,('&5'%& !"?$(6'*+&;(&#',(&'5&)%56%*:.Dn&I#(')*+&(L#-'5',(&5+&!"71,%(8&I2'0',&5.',*('&5+&)#$%5@')(&!"*,:.&
7,15.')+&2%&5'%&;-+#1*+&#'&.,%#4"08&U+&?4"0('5&-'&-1#,1,%-(&5(-(3&#',(&!5%&;-+#('1&'*4*&0(&51-*8& )17-',(&?-'#%'-+D
N4"01- & !5% & 71?(' & -' & #')' & 5('3 & -' & -1#,1,%-( & 2% & '"%5'-(-( & 5(-( & 7'/.,%*(8 & C%7(,%*( & '5%"*%,% & 5% & )(& U:'5&!"0,(;*'*&#+*,(&1"&?,1;&0(&'#*.,%&0(&*('*,13&#',(&)(&?+)('1&!"&#.-61-&K*,+F%%&d_3&';,.';(&0(&
!"?,+5+0('1&!"&5%"*(3&0();,(&'1*.5.@%-(3&%'$*1,%3&@'"%3&#.)*15(3&#+-+*.,%%8&P.*1-&!5%&;+,('&0(&5',(& *('*,18&G14"0&;(&1"1-&0(&@,'63&!%&)*,%?&*',(A&lK1"*&c10.-7&['-("*%".Mn&C',&.51-&5(1&"1&'1F%&2%&"1&
;,(63&%',&?4"01-&#+&/.%&;+,+)%&*.'*(&'#()*('&5+&!"?,.F('8 )%56%&"%5%#8&S-&#."*%"1'&)+&0%)#1*(&2%&)+&,40+&#1&#(-+-'-*8&J1:6%&;.*&);1"(&#(&,()("*%5("*&5+&#1;,%")(&
I/('5&%5;,()%'&!"?,(1"+,%%&*,1;1-1%&5(13&2%&!"&'#(-'2%&*%5;3&#(/'&0%"&5%"(&0(/("('&0%"&#(&!"&#(& '*1"#%M&I2&7%&;-4")&0(&01,(,(&2%&#%10+8&C',&.,%#(&,(/.-*+&(,'&0(&;,%).)8
5'%&12.,3&#'&2%&#15&):',&1,#'&!"&'(,&0%"*,:1"&5.5("*&!"&'-*1-8&P%5;1-&*,(#('8&H(/'&5%)*(,%.)&2%& C(.0'*+3&!5%&'5%"*()#&0(&*%"(3&0(&)#,%).',('&#(&5%:'%&*,%5%):.&#4"0&(,'5&?,'/&@.-"'/3&#'&2%&0(&
"(#1".)#1*&)(&',+*'&.#$%-.,&5(%&!"&0(;+,*',(8&U+&)%56('5&)#171"0'*&!"&#(/'&%5(")3&#',(&!5%&7+#('&)+& *(-(?,'5'&U1F%(%&2%&'&1"#$%1-1%&C%#]8&9(&#4"0&5+&?4"0('5&')*7(-3&5+&)%5*&'*%")&0(&@,'68&U:'5&
*,(51,( & )17-(*1-8 & K1*(-( & 0( & ;,.%(#*( & ;,.;1)( & )+ & -( & ,('-%F(F & 5% & )( & ;,(F("*'1 & );%,%*1-1%8 & [%F%1"('& !"*.,)3&-4"?+&5%"(&(,'&.&7(5(%(&#1&7.,5(&5'*,."'-(3&#1&.#$%&%"*(-%?("6%&2%&?("(,.2%8&J1&/.%&1%*'&
*,(#+*.',(3&0',&/%(3&'&-1%&x(""r&5+&#."/%")()(&!")+&#+&"1&/.%&5'%&;1*('&5'*(,%'-%F'&"%5%#&0%"&#(('&#(& "%#%.0'*+&/.#('&)'&01-#(&2%&!"#1,'='*.',(3&#',(3&#1&$.*+,4,(&%5;(*1.')+3&!5%&);1)(A&lH."0'5"',(&-'&
;-+"1%)(58&J1&;1*('5&1%*'&)1,4)1-&(%&!"#4"*+*.,3&@,'6(-(&!"*%")(&#+*,(&5%"(&2%&-15%"'&);%,%*1'-+&#',(e.& 7-+#+,%-(&%"7(,"1-1%&6%:'&;,(F%)&@%)(,%#'8&[%".&#1&5%"(M&J%5%#&"1&(&'0(/+,'*&0%"&#(('&#(&6%&):'&%"7%-*,'*&
!"#."=1,'8 !"&);%,%*&0(&#+*,(&,(;,(F("*'"6%%&#."7()%1"%%&#,(2*%"(8&K1"*&"%2*(&)+,5'"%&.,@%8&P1&'%&"(/.%(&!"&'#()*&
!"&5%"*('&5('&)(&;,(F("*'&#."71F&'5%"*%,('&*1*1,.,&;(,).'"(-.,&#1".)#1*(8&o(6(3&7(6(&2%&%',+2%& 5.5("*&0(&1"&?$%08&R'*+:5+M&I5&7.)*&!"&/%'6'&*(,()*,+&g8&98&p-'/'*)]%n3&2%&F%#4"0&'#(')*'3&5+&-1+&#1&
7(6(8&S,'1&;(,).'"(&#1".)#1*(&0.',&0(&#4*(/'&F%-(3&)'1&#1&51-*&*%5;&!"&1,5+8&U+&?4"0('5&-'&/()(-%%& ('8
5(%&#."7,'6%3&-'&;(,).'"(-(&#',(&!5%&#(,('1&'=1*.,3&-'&#(-(&';',6%"4"0&'-*(%&#-')(3&/("%"0&-'&5%"(& U%:'5&;%(,01*&#1".2*%"6'3&01;+&#',(&5+&*,(F()#&!"&)'-."1-&1"#$%1-1%&C%#]8&S,'&".';*(8&K#+,%-(&
;("*,1&"(/.%-(&-.,8&I5&/+F1*&7%?1,'&U+,%(%3&'&-1%&I-@(,*3&'&I0(%3&'&*'"*(%&P()=(3&'&-1%&K#$("]3&'&U1F%(%& /%-(%&(,'1&-15%"'*(8&N$%01-&5(1&(,'&;(&;,'?&2%&!5%&7+#1&)(5"&)+&'/'")(F8&I5&*,(#1*&!5;,(1"+&;,%"&
2%&'&*'8&I;.%&!5%&/("%,+&!"&?4"0&'5%"*%,%&!"&-(?+*1,+&#1&*'*'&2%&#1&5'5'8&!5%&/+F1%&#.;%-+,%'3&2#.'-'3& 5'%&51-*(&.0+%&#1".)#1*(&2%&'5&'=1")&!"&#'5(,'&U1F%(%8&P1&(,'%&#1&('8&!"&7'6'&/.')*,+&(,'&N(.,?()&
7,15.')' & 5(' & R*'-%(3 & ;,%51- & 5(1 & /.%'= & !" &I5(,%#'3 & *.*1-8 &I#()* & 7-1L & 0( & '5%"*%,% & !5% & '0.,5%& w($"(,3&0.,5%"0&'04"#&!"*,:1"&7.*.-%18&C.'5"'&p-'/'*)]%&!5%&);1)(A&lI#15&;.6%&/.,@%&#1&'%&*+%n8&
)17(,%"6(-(8&S/("%5("*(-(&#(-(&5'%&"(!")(5"'*(3&#(-(&5'%&,%0%#.-(3&'-(&(L%)*("6(%&5(-(&)(&;,(F("*'1& I)*7(-&'5&!"#(;1*&)+&#.51"%#&#1&*%"(8E
/%%&!"&5%"*('&5('8&9-+#(,%3&"(@1"%%3&01,(,%3&*.*&#(('&#(&7+#1)(5&!"&#1,)1-&/%(6%%&5(-(&).)('&"(#$(5'*3&
"1&2*%1&0(&1"0(3&;("*,1&'&7'#(&'#*&0(&;,(F("6+8&P.'*(&'#()*('&)74,2%,+&;,%"&'&5+&'5(6%3&2%3&!"&7%"(3&5%: 4)))2#)))2#

'5&;%(,01*&#."2*%%"6'8
H4"0&5%:'5&,(/("%*3&.;(,'6%'&#$%,1,?%#'-+&)(&*(,5%"')(8&P.'*+&-15('&!5%&)1,40('&2%&5+&!"#1,'='8& a&'"15%*+&#'*(?.,%(&0(&("*%*+6%&);%,%*1'-(&,+54"&-(?'*(&0(&5(0%1-&1"0(&'1&*,+%*3&0(/("%"0&'0()('&
P,(@1%'&)+&)*'1&'@).-1*&-%"%2*%*3&#1&*.'*(&#+&'/('5&51-*(&0(&!"*,(@'*8&C(2%&5+&)%56('5&0()*1-&0(&*',(3& );%,%*(&*1,@1-("*(&)'1&7'"*.5(8&U1-*(&);%,%*(&".1&/("%*(3&!"&-15('&);%,%*1'-+3&"1&,(F%)*+&#.5.6%(%&
!"&#(-(&0%"&1,5+&F%-(&'-(&/%(6%%&'/('5&1"&)("*%5("*&%"(L;-%#'@%-&0(&7,%#+8&H,(0('5&#+&0'#+&'2&;1*('&)+& 5("*'-(&;,./.#'*+&0(&)#$%5@',('&;,.01)+8&H'&1,5',(3&;,%"*,:1"&(7(#*&'-&%?".,'"6(%&-.,3&'-&7,%#%%3&'-&
5+&,%0%#&2%&)+&5+&.#1;&0(&;,.@-(5(-(&"(?-%='*(3&'2&7%&!"-+*1,'*&'#(')*+&7,%#+&5%)*(,%.')+8&J'*1,'-3&"1& ,()("*%5("*1-1%&'/1*&:&0(.',(#(&'1&7.)*&)51-)(&0%"&-15('&5'*(,%(%3&-15('&;-+#(,%%&;(&#',(&'*4*&0(&
5% & )( & ;(,5%*(' &)+ &5+&5%2#8 &K#,%).',('&;,%5%*+& 0(&-' &*%"( &5:'&!"#1,'='*8 &I/('5&#$%',& .& %"*1%6%(& 51-*&.&%1@('1&:&/.,&;(*,(#(&51-*&*%5;&=.)3&-'&)1;,'7'6'&;+54"*1-1%3&/%F%*4"0&-.#1,%-(&;(&1"0(&'1&*,+%*8&
#%10'*+3&#+&!"&#1,4"0&*(&/.%&,(/(0('&2%&#+3&0%"*,:1"&5.5("*&!"&'-*1-3&*(&/.%&/(0('&%"*,4"0&!"&#'5(,'& 9,%"&1,5',(&:&0%"&#'1F'&#."#(;6%%-.,&7'-)(3&'&'*'2'5("*1-1%&7'6+&0(&5'*(,%(&2%&'&;')%1"%-.,&-.,&*(,()*,(&
5('8&N$%01-&5(1&);%,%*1'-&0(&5.5("*3&0.'5"'&g8&p-'/'*)]%3&!5%&(L;-%#+&7';*1-&#+&'#(')*+&)("F'6%(& :&(-(&)(&?+)()#&!"&;+*1,'&,.2%(3&#('&5'%&=.')+&'&'*5.)7(,(%&7-1%0%#(&'&;+54"*1-1%3&!"&'7','&-15%%&7%F%#(&
!")('5"+&#+&(1&!")15%&/.%&/("%&)+&*(&/+08 2%&*.*12%&;,%"&-15(8&I#(2*%&"(".,.#%6%&)1"*&#(%&#+,.,'&-%&):'1&0'*&"15(-(&0(&);%,%*(&,+*+#%*.',(3&0();,(&
U'%&*4,F%1&'5&7.)*&#1;,%")&0(&.&5',(&?,(1*'*(&!"&,();%,'6%(8&I*1"#%&'5&!"6(-()&#+&)74,2%*1-&5%&)(& #',( & )( & /.,@(2*( & '*4* & 0( & 51-* & !" & (L;(,%("6(-( & 5(0%15%#( & %"7(,%.',(8 & T"(-( & 0%" & '#()*( & );%,%*(&
';,.;%(8&a,'&(L*,(5+&5+&;,%"0('&;,('&,(;(0(8&J1&#,(03&)#15;'&5('&J'*'2'3&)+&5+&7%&#1;,%")&7,%#'&0(& ,+*+#%*.',(& )1"*&'*4*& 0(& "(#-%"*%*(&!"& !"#+;+64"',('&2%&7(-1-&-.,&0(&'&?4"0%&;+54"*('"3&!"#4*&)1"*&
5.',*(3&0',&*,(51,'5&0(&"(#1".)#1*8&P1&2*%%&#+&!"*.*0('1"'&'5&7.)*&"(-%"%2*%*&!"&7'6'8&"()%?1,'"6(%& '0(/+,'6%&.,@%3&#',(&!"&'#()*&,+)*%5;&"1&'1&;.)%@%-%*'*('&'/'")+,%%&);%,%*1'-(8&H(('&#(&(&5'%&,+1&()*(&
1"(%&)%*1'6%%8&I*1"#%3&0,'?'&5('&J'*'2'3&'5&!"#(;1*&)+&!"6(-(?&#+&.&)#$%5@',(&)(&;,.01#(&!"&7%%"6'& 7';*1-&#+&'#()*(&"(7(,%#%*(&);%,%*(&,+54"&'-%;%*(&-15%%&;+54"*("(&*%5;&0(&51-6%&'"%3&2%&1"(.,%&*%5;&0(&
5('8&!5%&;+,('&#+&)(&0();,%"0(&#(/'&0%"&5%"(8&K%56('5&1"&7(-&0(&*,'?(,(3&#'&2%&#15&#(/'&0%"&*,1;1-& )(#.-(8
5(1&(,'&)51-)3&2%&;','-(-&#1&'#(')*+&)("F'6%(&!5%&';+,1&*.*&#.,*(?%1-&71"(,',A&;,.$.0%,('3&%"#%"(,',('&
)'1&!"5.,54"*',('&:&-1#,1,%&#',(&!5%&;,.01#('1&.,.',(8
9,(.*1-&).)%3&#'&.&,'F+&0(&-15%"+&!"&!"*1"(,%#8&U:'5&);./(0%*3&#1&*.*&)("*%5("*1-&0(&7,%#+&#(&!5%& <
;,./.'#+&7'6'0'&1"(%&#'*(0,'-(&#(&0(7%-'&;(&0%"'%"*('&.#$%-.,8&U%&):'&0'*&!5;+,*+2'"%'8&G'&*(,5%"',(' &S"*%*'*(&);%,%*1'-+&#',(&'&;,%5%*&5%)%1"('&0(&'&7%&?$%01-&);%,%*1'-&'-&-1%&['-("*%".3&!"&'#*%/%*'*('&)'&0(&5(0%158&T-*%5'&!"*,1;',(&'&
-1%&p-'#]&o('*$(,&'&7.)*&!"&R"0%'8
[_ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&C,%7'&#',*( [U

H."#-1F%% <+=&9(%(>)/#(?()8#)-9+6(?#()=+@+*+#
C(&F(#%&0(&'"%&)(&7'#&0%7(,%*(&.@)(,/'6%%3&)(&(L;(,%5("*('F+&2%&)(&'01"+&5'*(,%'-&,(7(,%*.,&-'&
5'"%7()*+,%-( & );%,%*1'-(8 &IF%3 & "15+,1- & 5'"%7()*+,%-., & );%,%*1'-( &!",(?%)*,'*( &()*( & '*4* & 0(& 5',(3 & %',&
"15+,1-&#(-.,&#',(&-(:'1&'"'-%F'*&2%&)%"*(*%F'*&()*(&'*4*&0(&%5;.F'"*3&!"#4*&0.',&'#(%'&"1&)(&!"#,(0%"6('F+&
0(&/'-.',('&,(/(-'6%%-.,&/("%*(&0(&0%"#.-.&0(&/+-1-&-15%%&7%F%#(3&#',(&!"#$%0&.#$%%&2%&"1&/.,&)+&/'0+3&
#',(&!2%&')*1;+&1,(#$%-(&2%&"1&/.,&)+&'10+8&S)*(&%"'05%)%@%-&#'&.51-&)+&5'"%7()*(&%?".,'"6+&7'6+&0(&
5.01-&#15&5.',(&*,1;1-&)+13&7'6+&0(&)("*%5("*(-(&2%&)("F'6%%-(&,()%56%*(&0(&("*%*+6%-(&);%,%*1'-(3&#4"0& x10(#'*'&01$1-1%
*,(#&!"&-15%-(&);'6%'-(8
SL'5%"4"0&)(,%%-(&"()74,2%*(&0(&5+,*1,%)%,%&'-(&("*%*+6%-.,&);%,%*1'-(&#(&2%:'1&0(F@,+#'*&*,1;1-3&)(& AB
#.")*'*+&.&#."#.,0'"6+&!"*,(&(-(3&#."7%,54"01:)(&1"(-(&;(&'-*(-(8&J1&)(&;.'*(&'05%*(&#'&;(,).'"(& -"*,1;4"01:)(&#'&.5&;(&;+54"*3&("*%*'*('&);%,%*1'-+&)'1&01$1-&!2%&01#(&/%'6'&)+/4,2%"0&1"(.,%&
%"#1-*(&)'1&"(#1".)#+*.',(&'-(&7(".5("(-.,&);%,%*1'-(3&0%"&6+,%&2%&*%5;1,%&0%7(,%*(3&)+&)(&#."#(,*(F(& 7';*(&@1"(3&0',3&0(&#(-(&5'%&51-*(&.,%&:&7';*(&"(#1?(*'*(8&!"&!"6(-(;#%1"('&S%3&C%/%"%*'*('&'&).#.*%*&#+&
!"*,(&(-(&2%&)+&0(@%*(F(&:&#."2*%("*&)'1&0%"&)1@#."2*%("*1-&-.,&:&0();,(&7(".5("(&%0("*%#(3&,(7(,%*.',(& "1&(&@%"(&#'&?,(2(-%-(&#.5%)(&0(&1"&01$&!"&0(#1,)1-&!"*,1;+,%%&)'-(&)+&%&)(&!")#,%(&5(,(1&!"&#',*('&
-' & (L%)*("6' & .51-1% & 0%"#.-. & 0( & $.*',(-( & 5.,6%%8 & H4"0 & ("*%*'*(' & #( & #.51"%#+ & 0+ & ;,.@( & : & ;,%"& /%(6%%3&;("*,1&#+&(-&',(&0(='&'#151-'*(&0()*1-(&#,%5(3&5%"#%1"%3&;')%1"%&2%&'-*(&?,(2(-%&0%"&/%(6%-(&
#.51"%#+,%-(&(%&;(,)."'-(&2%&%"*%5(3&"(2*%1*(&0(&"%5("%&:&#+&!"*,:'0(/+,3&('&()*(&7.)*'&;(,)."'-%*'*(& *,(#1*(8&C1$1-&):'&!"*,1;'*&)+&-%#$%0(F(&)'1&)+&#.,%=(F(&.&;',*(&0%"&(-(3&0',&0'#+&)(&'01"+&?,(2(-%&".%&
*(,()*,+3&2%&#4"0&('3&#'&2%&'-*(&("*%*+6%&);%,%*1'-(3&0()#,%(&'#(-('2%&7(".5("(3&;(*,(#1*(&2%&,()%56%*(&!"& !"&#',*('&/%(6%%&)'-(3&"1&/'&5'%&;1*('&)+&-(&'#$%*(&"%#%.0'*+8&9,%"&1,5',(3&C%/%"%*'*('&'&$.*+,4*&#'&
-15('&%"/%F%@%-+3&.&5%"*(&,(F."'@%-+3&0(F@,+#'*+&0(&.,%#(&%0((&;,()*'@%-%*+3&"1&;.'*(&)+&"1&'05%*+& 51-*(&0%"&?,(2(-%-(&#.5%)(&0(&1"&.5&*,1;()#3&!"&0(#1,)1-&1"(%&/%(6%3&)+&7%(&;-+*%*(&#$%',&!"&'#('&/%'6+8
,('-%*'*('&-.,8 9,%5'&=10(#'*+&'&01$1-1%&',(&-.#&!"&*%5;1-&/%(6%%&)'-(&*(,()*,(8&G'&#4*(/'&#(')1,%&)'1&F%-(&0(&-'&
C%"&("15(,',('&'#()*.,&#4*(/'&#'F1,%3&)(&;.'*(&#.")*'*'&#+&(L%)*+&;("27("(&;1"5'7("*'8(&:&#',(& ?,(2('-'&#.5%)+3&01$1-&()*(&#$(5'*&)1)3&!"&7'6'&1"1%&P,%@1"'-&#.5;1)&0%"&#(%&*,(%&)1;(,%.,%&'%&5',(-1%&
)(&;,.01#&!"&5.0&#.")*'"*3&%"0%7(,("*&0(&?,'01-&(/.-1*%/&'-&("*%*+6%%&);%,%*1'-(&#(&)(&0()*,1;('F+3&2%& ?,1;&0%"&#',(&7'#(&;',*(&:&?,1;1-&?(,5'"3&-'*%"3&)-'/&(*#8&!"&7'6'&'#()*1%&o.,&0(&;,%5&?,'03&';',(&
(L%)*+&;("27("(&)(#1"5',(&:&#',(&)(&;,.01#&)'1&"13&!"&71"#6%(&0(&(/.-16%'&);%,%*1-1%&*,(#1*&!"&-15('& );%,%*1-&#1-;'@%-&2%&'#1F'*.,1-&)+18&I#1F'*.,1-&!2%&7.,51-('F+&;-4"?(,('&#."*,'&7,'*(-1%&)+13&#',(&%:'&
);'6%'-+8 '01)&.&#,%*%#+&"(0,(';*+3&.&;%(,0(,(&"(5(,%*'*+3&.&)17(,%"6+&"(5.*%/'*+&(*#3&2%&#(,(&#'&x1)*%6%'&0%/%"+&
o(".5("(-(&71"0'5("*'-(&;,%"&#',(&*,(#(&("*%*'*('&);%,%*1'-+&01;+&;+,+)%,('&/%(6%%&*(,()*,(&)1"*A )+:%&0('&)'*%)7'#6%(8&R"#1-;'*1-&()*(&!").6%*&0(&0,(;*'21-&)+13&#',(&'&/+F1*&2%&'1F%*&*.*3&')%)*4"0&#'&
<8G'&!"#(;1*3&"1&#,(0(&#+&*,1;1-&)+1&'&51,%*Q 5',*.,&'-&C%/%"%*+6%%8&[%"./'*1-&"1:2%&;.'*(&"(?'&7';*'3&#%&#(-&51-*&#'1*+&)+&.&5.*%/(F(3&;("*,1&#+&
V8K(&/(0(&.53&#'&2%&5'%&!"'%"*(Q ;'*,1 & 5',*.,% & ?-+)1%()# & !5;.*,%/' & )'8 & I)*7(- & 7';*' & ()*( & !")#,%)+ & !" & ;(,%);%,%*1- & ?,(2%*1-1%3 & ()*(&
X8R&)(&0(,1-('F+&;'".,'5'&!"*,(?%%&/%(6%&*(,()*,(Q #1".)#1*+& 0(& 0,(;*'21-& )+13 &0(& 0,(;*'21- & /%#*%5(%3& 2%3 &!" & ;-1)3 & (&7.*.?,'7%'*+& !"& ',$%/'& (*(,%#+& '&
d8S)*(&!"*45;%"'*+&0(&,10(&)'1&;,%(*("%Q 9+54"*1-1%8 &I2'0',3 & "(?',(' & ()*( & %5;.)%@%-+3 & #(- & 51-* & '#1F'*1- & #'1*+ & )+ & )( & )#1F(8 & SL'5%"4"0&
\8H'0(&!"*,:1"&).5"Q !5;,(=1,+,%-(3&=10(#+*.,%%&';,(#%'F+&?,'/%*'*('&7';*(%3&%',&G(?('&0%/%"+3&#(,4"0&#'&"%5("%&)+&"1&)(&
^8K()%F('F+&#+&-15('&1"0(&'&).)%*&()*(&);-("0%0+&)'1&!"*1"(#.')+3&#."7.,5&7';*(-.,&)'-(Q 7'#+&=10(#+*.,1-&)(5("1-1%&)+13&0%#*('F+&.&;(0(';)+&5'%&5',(&.,%&5'%&5%#+8
_8a@)(,/+&#+&-15('&#(,(')#+&()*(&)1@)*'"6%'-+3&,('-+&2%&')(5+"+*.',(&#'&');(#*&#1&#('&*(,()*,+Q H+*,(&0%5%"('6+3&01$1,%-(&)(&#.@.',+&!"&*,1;1,%-(&-.,&2%&"%#%&1"1-&0%"*,(&(-(&"1&2*%(&#(&):'&;(*,(#1*&
v8H.")*'*+&#+&("*%*+6%-(&);%,%*1'-(&#.51"%#+&!"*,(&(-(&;,%"&?4"0%,(&:&-%5@'=1-&);%,%*1'-Q !"&'#('&".';*(3&)1)&!"&);'6%18&C',&!"&F%-(-(&1,5+*.',(3&'"15%*(&7.,6(&(L(#1*+&)("*%"6'&')1;,'&#1-;'@%-1-1%&
s8c(5',#+&7';*1-&#+&?4"0%,('&()*(&7.,6'&#,('*.',(&'&-1#,1,%-.,&2%&7(".5("(-.,Q 2%&(-&#'0(&?,(1&@.-"'/3&',(&.&;%(,0(,(&.',(#',(3&.,%&)17(,+&5.,'-5("*(&0%"&#'1F'&1"(%&'#6%1"%&7+#1*+&
<q8[(0(&#+&("*%*+6%-(&);%,%*1'-(&)*,+@'*&);'6%%-(3&#'&?4"01-3&!"&)1)&)'1&!5;,(=1,'%&;+54"*1-1%Q #."*,'&;(,).'"(%&)'-(8&H1&'-*(&#1/%"*(3&.51-&*,(#(&;,%"&F%-(&?,(-(3&!"&#',(&)17-(*1-&!%&()*(&F0,1"#%"'*&
<<8H.")*'*+ & #+ & ;.*,%/%* & #."0%6%(% & -., & 5.,'-( & 2%& (/.-16%(% & -.,& %"*(-(#*1'-(3 & ("*%*+6%-( & );%,%*1'-(& 0%"&)("%"+*'*('3&;'#('&2%&51-615%,('&-1%8
?,'/%*('F+&'1*.5'*&#+*,(&"%/(-1-&);%,%*1'-&#.,();1"F+*.,8 !"&?("(,'-3&'#()*(&;(0(;)(&"1&)1"*&0(&-1"?+&01,'*+&2%&"%#%&'*4*&0(&0,')*%#(3&!"#4*&)+&)#$%5@(&;,('&
o(".5("(-(&0(&.,0%"&)(#1"0',&;,%"&#',(&*,(#(&("*%*'*('&);%,%*1'-+&01;+&;+,+)%,('&/%(6%%&*(,()*,(& 51-*&0()*%"1-8&S)*(&#'&2%&#15&):',&6()(&.&;4"F+&2%3&0%"&*%5;&!"&*%5;3&1"&".0&';',(&!"&1,F('-+&)'1&
)1"*A @+*+*1,+ & 2% & ;4"F' & %()( & #1 & 5%#% & ".01,%8 & H1 & '-*( & #1/%"*(3 & /%'6' & !2% & 1,5('F+ & 7%,1- & *,')'*3 & .,4"01%*&
<8C1;+&#(:2%&/(0(&*,1;1-&!"*%")&,(#(&2%&;'-%0&;(&;'*3&.@)(,/+&#+&',#&1"&#.,;&(*(,%*Z.,5Q 0%"'%"*('&!"*,1;+,%%&01$1-1%3&0',&!"&0(#1,)1-&(%&%"*(,/%"&-'#,%5%&2%&)17(,%"6(3&#',(&)1"*&7,1#*1-&?,(2(-%-.,&
V8H.")*'*+&#+&01;+&#15&!"&-15('&*,1;(')#+&"1&(L%)*+&0.%&%"0%/%F%&'@).-1*&%0("*%#%3&*.*&'2'&0.1+&
'#*1'-(&'-(&01$1-1%8&I2'0',3&!"&0(#1,)1-&/%(6%%&*,1;(2*%3&01$1-&)(&;,(F%"*+&0(&51-*(&.,%&!"&7'6'&x1,%1-1%&
)1;,(5&'-&5',%%&#.-(#*%/%*+6%&0%"&#',(&7'#(&;',*(3&;-+*%"0&?,(2(-%-(&#.5%)(&!"&'#(')*+&/%'6+8
("*%*+6%&);%,%*1'-(&"1&;.*&)+&*,('#+&!"&5.0&'@).-1*&;,%"&'#(-('2%&7(".5("(&);%,%*1'-(3&7%%"0&/.,@'&
0(&0%7(,%*(&?,'0(&(/.-1*%/(Q $'''0&%
X8C.1+&01$1,%&#',(&'1&*,+%*&;(&;+54"*&!5;,(1"+&#'&).6%3&)(&/.,&01#(&7%(#',(&!"&"%/(-1-&-.,&
);%,%*1'-3&0',&;.*&)+&)(&!"*4-"(')#+&2%&)+:2%&#.51"%#(&%0(%-(&2%&)("*%5("*(-(&0(&#4*(&.,%&0.,()#Q C',&!"&7%"(3&'6'&0(&;(&5.).,1-&/%(6%%&):'&*(,5%"'*3&F%1'&;-(#+,%%&'&).)%*&2%&01$1-&*,(@1%(&)+:2%&
d8H1&*.'*(&#+&.,%#(&("*%*'*(&);%,%*1'-+&;.'*(&#,('&;,%"&;1*(,('&?4"01-1%&)+13&5',%-(&#,('6%%&)1"*& ;+,+)(')#+&-.#1%"6'&0(&-1*8&C1;+&!"#(*',('&/%(6%%&*(,()*,(3&01$1-&(&-1'*&0(&?$%01-&)+13&1,#'*&!"&7'6'&
,(F(,/'*(&0.',&'"15%*.,&%(,',$%%&0(&);%,%*(&);(#%'-%F'*(Q #(-.,&*,(%&)1;(,%.,%&'%&?,1;1-1%&)+13&#',(&(L'5%"4"01:<&)15',3&0'1&.&)("*%"6+&;,./%F.,%(3&.,0."4"0&!"&
\8S"*%*+6%-(&);%,%*1'-(&0.5%"'*(&0(&;')%1"%&15'"(&,+54"&*.*0('1"'&-(?'*(&0(&5(0%1-&1"0(&'1&&j& #(&"%/(-&/'&-.#1%&;(&01,'*'&2(0(,%%&)'-(&!"&);'6%18&C1;+&'#(('&(&-1'*&0(&?$%0&2%&#.@.,4*&-'&)1;,'7'6'&
*,+%*3&1"&*%5;&5'%&)#1,*&)'1&5'%&-1"?3&01;+&%"*(")%*'*('&;')%1"%%&-.,8&!"&?("(,'-3&5.',*('&7%F%#+&"1& ;+54"*1-1%3 & ;("*,1 & ' & )*' & . & /,(5( & !" & ;,('=5' & #(-., & 0,'?%3 & #.").-4"01:%3 & #."01#4"01:-( & ;'2%%3&
-(&;,.01#(&"%#%&.&)#$%5@',(&!"&!"6(-(?(,(3&0(&'#(('&(-(&)(&#,(0&*.*&;+54"*("%3&#,(0&#+&*,+%()#&*.*& #.,(#*4"01:%&2%&!"#1,'=4"01:%8&H1&'#(')*+&.#'F%(3&(-&')%)*+&-'&!"5.,54"*',('&*,1;1-1%&)+13&.@)(,/4"01:
;,%"*,(&.'5("%&*,1;(2*%8&C%"*,(&'#()*(&);%,%*(&)1"*8&2%&#(-(&#(&@4"*1%(&'"15%*(&-.#1%"6(Q >%&*,1;1-&;(&#',(&<:'&'"%5'*&2%&#1&#',(&'&?1)*'*&*.'*(&;-+#(,%-(&-15%%&*,1;(2*%8&C1;+&';,.L%5'*%/&dV&0(&
^8C1,(,('&)742%(*.',(&'&#(-.,&,+5'2%&;(&;+54"*&!%&;,.01#&*.,*1,%&?,.'F"%#(&2%&0%"&'#(')*+&#'1F+& F%-(&h&*%5;&!"&#',(&)(&;1,%7%#+&!"&)7(,(-(&%"7(,%.',(&:&01$1-&!2%&%'&F@.,1-&2%&)(&!"'-6+&!"&"%/(-1-&
"1 & ;.'*( & )+ & %"*,( & !" & ,(-'6%( & #1 & (%8 & !" & '#(-'2% & *%5;3 & ()*( & ,(6%"1* & -' & )1;,'7'6' & ;+54"*1-1%3& 0()(5"'*3&#."7.,5&$.*+,4,%%&)1;(,%.,%-.,&?,1;1-1%&)+18&C1;+&.&2(0(,(&5'%&)#1,*+&)'1&5'%&!"0(-1"?'*+&
"(;(,5%64"01:%:)(&)+&)(&,%0%#(&-'&"%/(-1-&#.,();1"F+*.,&(/.-16%(%&)'-(Q %"&);'6%13&*%5;&!"&#',(&'&-1'*&#1".2*%"6+&0(&*.*&*,(#1*1-&)+13&)1;(,%.,%%&)+%&0(#%0&#.@.,4,('&-'&.&".1+&
_8[+F4"01:)(&)%"?1,+3&)(&!");+%54"*+3&0',&%5(0%'*&'10(&.&/.#(&).)%*+&0(&0(;',*(8&AS)*(&/.#('& !"*,1;',(8
1"1%&);%,%*&'5%#3&#',(&)%56%"0&0%"&0(;+,*',(&"(-%"%2*('&)'3&/%"(&)+:%&/.,@(')#+&2%&)+:<&)7+*1%')#+8 R" & /(0(,(' & )*'@%-%,%% & ".%% & 7.,5( & 0( & /%'6+3 & 01$1- & /' & 7% & ;,(F("*'* & !"'%"*(' & o.,1-1% & )1;,(5 & '-&
C%"&*.'*(&'#()*(&'7%,5'6%%&)(&,(-(/+&#4*&0(&"15(,.')(&*'%"(&(L%)*+&!"&.;(,(-(&H,('*.,1-1%3&;(&#',(& E'5'"*1-1%8&9("*,1&0()7+21,',('&'#()*(%&=10(#+6%3&?$%01-&)+1&!-&;,(F%"*+&!"&7'6'&#(-.,&*,(%&)1;(,%.,%& '= &
.51-&"1&-(&#1".'2*(&2%&"%#%&"1&#'1*+&)+&-(&'7-(8&S-&)(&'-%;(2*(&#1&*.'*+&;1*(,('&)17-(*1-1%&0(&-1#,1,%-(& 9+54"*1-1%3&)1;(,%.,%%&!"?(,%-.,&#',(&#."01#&(/.-16%'&?-.@1-1%3&#1&*.*&#(&)(&'7-+&;(&(-8&I#()*&x1,%1&
;+54"*(2*%3&*,(#+*.',(&;,(#15&7151-3&1%*4"0&#+&(&1"&51)'7%,&'-&;+54"*1-1%3&'-&'#()*(%&7.,5(&0(&/%'6+& )1;,(5&'-&9+54"*1-1%&()*(&;,(F%0'*3&0(&-'&0%)*'"6+3&0(&K*+;4"1-&)%)*(51-1%&).-',8&x1,%1-&9+54"*1-1%
*,1;(')#+8

C
[V >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&C,%7'&#',*( c15(#'*'/&0%'.'&3%&2#14'.%'&51$181% [W

(L'5%"('F+&*.'*+&/%'6'&01$1-1%&#'"0%0'*&-'&,(!"*,1;',(&:&@%"(-(&2%&,+1-&7+#1*&0(&(-3&2%&(L'5%"',('&)'& 2%&.5("(2*%8&R")+3&0(&51-*(&.,%3&'#()*(&01$1,%&)1"*&01)(&;(&1"&'-*&).',(3&0'6%&!"&;,%5%,(&N1/(,"'*.,1-1%&
()*(&/+F1*+3&'1F%*+&2%&2*%1*+3&#$%',&!"&'#(-&5.5("*3&0(&N1/(,"'*.,1-&).-',8&R"&7%"(3&C.5"1-3&)*4"0&;(& '-*1%&)%)*(53&;("*,1&'&7%&,(;',*%F'6%&;(&1"'&0%"&;-'"(*(-(&'#(-1%&)%)*(53&0(&.&(/.-16%(&')(5+"+*.',(& #T&
*,."1-&K+1&).-',3&;,."1"6+&)("*%"6'&#',(&()*(&*,'")5%)+&5("*'-3&0(&-'&0%)*'"6+8 '&9+54"*1-1%&".)*,18
C1;+&?,'01-&0(&(/.-16%(&'-&01$1-1%&;1*(5&);1"(&#+&(L%)*+&0.1+&5.01,%&!"&#',(&0(#1,?(&=10(#'*'8 S"*%*+6%-(&);%,%*1'-(&,+5')(&!"&1,5+&#1&(/.-16%'&-.,&"1&5'%&;.*&7%&,(6%"1*(&!"&=1,1-&9+54"*1-1%3&
C'#+&01$1-&#(&)(&/'&!"*,1;'&()*(&0(&1"&.,0%"&%"7(,%.,3&#(%&*,(%&)1;(,%.,%&'%&?,1;1-1%&)+1&(L;1"& ;("*,1&#+&!"&-.#1-&/'-1-1%&0(&);%,%*(&0(&#',(&';',6%"&2%&#',(&*,(@1%(&)+&;-(#(3&).)(2*(&1"&'-*&/'-&0(&
71-?(,+*.,&/%'6'&-1%&15'"+3&7';*(-(&-15%".')(&2%&;(*(-(&!"*1"(#'*(&'-(&(L%)*("6(%&)'-(8&x10(#'*'&()*(& 01$1,%3&0(&;(&.&'-*+&;-'"(*+3&%"7(,%.',+&9+54"*1-1%3&/'-&).)%*&'%#%&)+:2%&7'#+&".1'&2#.'-+&#%#-%#+3&
'10%'*+&0(&C.5"1-&0%"&*,."1-&K+1&).-',3&2%&0(&x1,%1-&)1;,(5&'-&9+54"*1-1%8&K("*%"6'&)(&0+&0(&C.5"1-& ;-'"(*',+3&)1;(,%.',+&#(-(%&;,(#(0("*(8&I)*7(-3&/'-&01;+&/'-3&;-('#+3&2%&'-*(&/'-1,%&0(&01$1,%&).)()#8&
2%&()*(&;,."1"6'*+&0(&;,(2(0%"*(-(&x1,%1-1%&)1;,(5&'-&9+54"*1-1%&7.,5'*&0%"&*,(%&("*%*+6% &'"?(-%#(3& I#()*&#%#-1&)(&/'&,(;(*'&5%-%',0(&0(&'"%3&;4"+&#(&;-'"(*'&".')*,+&/'&'=1"?(&-'&7%"(-(&(L%)*("6(%&)'-(8
!"#."=1,'*&0(&s&')().,%&2%&V_&0(-(?'6%3&*.6%&!"?(,%3&';',6%"4"0&o.,1-1%&)1;,(5&'-&9+54"*1-1%3&#.5;1)& I;,.L%5'*%/&-'&7%(#',(&V^8qqq&0(&'"%&',(&-.#3&!"&7'6'&0%/%"1-1%&".)*,1&K*+;4"3&5',('&x10(#'*+3&0(&
0%"&Xs&0(&)7%"*(&01$1,%&'"?(-%#(8 #',(&/.,@(2*(&2%&K74"*'&K#,%;*1,+8
S"*%*'*('&#'"0%0'*+&-'&!"*,1;',(&#',(&';',6%"(&1"(%&*,(;*(&(/.-1*%/(&)1;(,%.',(3&7%%"0&#."2*%("*+&0(& 9,%"&1,5',(3&;(&'#()*&?-.@&*(,()*,13&.51-&*,(#(&;,%"&*,(%&7(-1,%&0(&=10(#+6%A
;1*(,('&-(?%-.,&#(,(2*%&2%&#1".)#4"01:2%Z&'#153&#'&01$&:&01;+&.&'"'-%F+&!"0(-1"?'*+&:&*.'*(&?,(2(-%-(3& <8=10(#+6%-(&0%"&*%5;1-&1"(%&!"*,1;+,%Q
!2% & '-#+*1%(2*( & )%"?1,+ & ;-'"1- & ".%% & /%(6% & *(,()*,(3 & ;,%" & #',( & )+:2% & '#$%*( & 0'*.,%%-( & )'1 & )+:2% & ,(;',(& V8=10(#+6%-(&0(&01;+&7%(#',(&!"*,1;',(Q
?,(2(-%-(3&0%"&'-*(&/%(6%8&!"7+6%24"01:)(&!"&7'6'&o.,1-1%&)1;,(5&:&7.,5'*&0%"&Xs&0(&!"?(,%3&)7%"*(&01$1,%& X8x10(#'*'&0%/%"+&0(&-'&7%"(-(&2#.-%%&;-'"(*',(8
'-(&I0(/+,1-1%&2%& C.5"1-1%&)1;,(5&2%&"(/+F1*& :&01$1-&0(#%)&)+& )(&!"*,1;(F(&!2%&;,(F%"*+& ;-'"1-& C.'5"(3&0+&*+,%(&)17-(*1-1%&5(1&)+&"1&5'%&?,(2()#3&2%&')*7(-&)+&"1&5+&,12%"(F3&0(&7';*(-(&5(-(3&!"&
!"*.#5%*&;("*,1&".1'&)'&/%'6+&*,1;(')#+8&K*+;4"1-&)%)*(51-1%&).-',3&(L'5%"4"0&;-'"1-&2%&?+)%"01:<& 7'6'&?-.,%(%&P'-(M&o+&C.'5"(3&#'&)17-(*1-&5(1&)+&7%(&#."2*%("*&0(&G(?%-(&P'-(3&#'&')*7(-&)+&5+&!"*.,#&
@1"&!2%&0+&@%"(#1/4"*',('3&%',&x1,%1-&)1;,(5&'-&9+54"*1-1%3&;,%"&;,(2(0%"*(-(&)+13&!"&"15(-(&H(-1%&0(& #4*&5'%&#1,4"0&!"&)4"1-&P+13&0(&1"0(&'5&;1,#()&#4"0/'3&!"&".';*('&'04"#+&'&5%-%',0(-.,&0(&'"%8&
)1)3&;,."1"6+&F7%"/&'0%#+A&K+&7%(&'2'&;,(#15&*1&'%&0.,%*8 I5%"8
K;%,%*(-( & %"7(,%.',( & "1 & '1 & 0%)#(,"+54"*1- & "(#()', & !"*.#5%,%% & 1"1% & 0()*%" & ".1 & ;,%" & #',( & )+:2%&
'#$%*(&0'*.,%%-(&2%&)+&,(;',(&?,(2(-%-(&#.5%)(&!5;.*,%/'&;+,%"6%-.,3&#.;%%-.,3&7,'6%-.,3&)(5("%-.,8&J1&(&
12.,&)+&'-#+*1%(2*%&.&7.,5+&".1+&0(&(L%)*("6+&;+54"*(')#+3&!"&#',(&'"?,("'=(-(&)+&7%(&')*7(-&7+#1*(&
!"#4*&)+&)'*%)7'#+3&0%"*,:.&0'*+3&5'%&51-*(&(L%?("6(3&2%&)+&,('-%F(F(&5'%&51-*(&,(;','6%%8&C(&'#(('Q&!"& [%'6'&01$1-1%&!"&);'6%1
')(5("('&#'F1,%3&#(-(&*,(%&)7%"*(&01$1,%&)1;,(5(&'-(&?,1;1-1%&0(&#',(&';',6%"(&01$1-&(L'5%"('F+&
*,(#1*1-&/%(6%%&)'-(3&'01"+&7';*(-(3&-(&(-%5%"+&;(&1"(-(3&-(&;,(7(,+&;(&'-*(-(3&;("*,1&'&7%&,(;','*(&#4*&5'%&
51-*(&0%"&0'*.,%%&)'1&)1;+,+,%3&2%&!"&7%"(3&0%"&*.*'-1-&-.,&'-#+*1%()#&1"&".1&0()*%"3&;(&#',(&01$1-& C1;+&#(&2%:'&;+,+)%*&*,1;1-&2%&#.,;1-&/%*'-&:&#.,;1,%&';',6%"4"0&?-.@1-1%&;+54"*()#&:&.&;(,%.'0+&
%"7(,%.,&!-&;,%5(2*(3&%&)(&)1;1"(3&#1".)#4"0&!"'-*'&!"6(-(;#%1"(&'&#(-.,&#',(&'1&(L'5%"'*&2%&$.*+,4*8& 01$1-&',(&7.,5'&#.,;.,'-+&')(5+"+*.',(&#1&'&.51-1%&*,1;()#8&K(&/(0(&;(&)%"(&2%&5'%&/(0(&1"&'-*1-&
x10(#'*'&7%%"0&7+#1*+3&01$1-&(&#.@.,4*&0(&?$%01-&)+1&!"&"%/(-1-&#1/("%*&?,'01-1%&)+1&(/.-1*%/3&2%&0(& !"*%")&;(&;'*3&?'-@("&2%&"(5%2#'*3&#',(&)('5+"+&"();1)&0(&51-*&#1&(-3&;',#+&):',&/(0('&!"*,:.&.?-%"0+8&
'#153&;4"+&-'&/%%*.',('&)'&!"*,1;',(3&7'#(&1,5+*.',(-(&*,(%&-1#,1,%&#';%*'-(A H'1*+&)+&!"6(-('?+&2%&"1&;.'*(&)+&)(&-+51,(')#+8&C.',&);%,%*1-&(/.-1'*3&;+,+)%"01:2%&$'%"'&0(&-1*3&
<8!"0(;-%"(2*(&5%)%1"('&;,%5%*+&0(&-'&)1;(,%.,1-&?,1;1-1%&)+1Q !"6(-(?(&#+&(-&"1&5.',(&"%#%.0'*+3&%',&#(-&0(&;(&;'*&"1&(&0(#4*&/(254"*1-&)+18
V8')%)*+&-'&#."7(,%"6(-(:-(#6%%&'-(&)1;(,%.,%-.,&)+%3&;("*,1&'&!"/+6'&".%&*'%"(&#(,(2*%Q H1,4"03&2%&01$1-&(/.-1'*&2%&#(-&5'%&;16%"&(/.-1'*&#'0&!"*,:1"&).5"&'04"#3&#4"0&"1&5'%&2*%1&"%5%#&
X8;,(?+*(2*(&/%%*.',('&)'&/%'6+&;+54"*(')#+3&#+1*4"0&01$1,%-(&!5;,(1"+&#1&#',(&)(&/'&!"*,1;'3& 0(&(%8&I#()*&).5"&6%"(&-'&1"(-(&01$1,%&#4*(/'&F%-(3&-'&'-*(-(&#4*(/'&-1"%3&0',&)1"*&#'F1,%&#4"0&01,('F+&
!"#$(%"0&#1&(-(&'"15%*(&!"6(-(?(,%8 1"&'"3&0.%8&K.5"1-&'#()*'&()*(&%"0%);(")'@%-3&.7(,%"0&01$1-1%&;.)%@%-%*'*('&)+&)(&.0%$"(')#+3 &)+:2%&
9,%"&1,5',(&'&0.1'&=10(#'*+&)(&7'#(&!"*,(&0.1+&!"*,1;+,%&'-(&01$1-1%8 ,(7'#+ & 7.,6(-( & ;%(,01*( & ;,%" & (7.,*1- & 0();,%"0(,%% & 0( & #.,;1- & )+1 & 7%F%#8 & 9,%" & 1,5',(3 & )( & ;(*,(#( & 1"&
7(".5("&')(5+"+*.,&#1&).5"1-&".1-1%:"+)#1*3&#',(&.@.)%*&0(&;,()%1"%-(&2%&01,(,%-(&(L;1-F+,%%&0%"&
$ $ $ 5'*,%#('&5'5(%&)'-(3&',(&"(/.%(&)+&0.',5+&;("*,1&'&)(&,(7'#(&2%&.@%2"1%&#1&".1'&-15(&1"0(&'&).)%*8&
C1;+&1"&*%5;3&5'%&)#1,*&)'1&5'%&-1"?3&01$1-&)(&0(2*(';*+&2%&!2%&!"#(;(&".1'&#',%(,+&0(&.5&);'6%'-8
!"&7%"(3&'&*,(%'&2%&#('&5'%&!"7,%#.2+*.',(&=10(#'*+&',(&-.#&#4"0&):'&*(,5%"'*&#%#-1-3&;("*,1&#',(&'& T"(-(&("*%*+6%&);%,%*1'-(&)1"*&!"#."=1,'*(&0(&01$1,%&#1".)#1*(&2%&!"6(-(?&;(&0(;-%"&".1'&)%*1'6%(8&
/("%*&.&("*%*'*(&-'&2#.'-'&;-'"(*(%&".')*,(8&S'&',#&-.#&';,.L%5'*%/&01;+&V^8qqq&0(&'"%&0(&(L%)*("6+&;(& I-*(-(&!")+3&#$%',&2%&01;+&'#()*&,(;'1)3&"1&;.*&)+:2%&0('&)('5'&1"0(&)1"*8&I,&!"*,(@'3&2%&"1&/+0&;(&
'#()*&?-.@8&9(&;',#1,)1-&#(-.,&V^8qqq&0(&'"%3&("*%*'*('&);%,%*1'-+&2%:'&01)&(L%)*("6'&#4"0&;(&;+54"*&:& "%5("%&!"&=1,1-&-.,8&I#()*(&01$1,%&:&'-&#+,.,&;(,%);%,%*&()*(&!"#+&%5;1,3&'0%#+&!5@%@'*&#1&5'*(,%(&/%*'-+&
#'&.5&*,1;()#3&#4"0&!"&H(,&:&#'&.5&#(,()#&)'1&01$&);'6%'-8&!"&)#1,?(,('&'#()*1%&*%5;3&.51-&'&*,+%*&)1*(& :&)%5*&"(#()%*'*('&)+&)(&#.@.',(&-'&)1;,'7'6'&;+54"*1-1%3&2%&;(&7%,1-&-(?+*1,%-.,&(*(,%#(&,(/%"&'#')+3&
2%&5%%&0(&/%(6%8&T"(-(&0%"&(-(&'1&7.)*&5'%&@1"(3&'-*(-(&5'%&F@1#%15'*(3&1"(-(&5'%&!"6(-(;*(3&'-*(-(&;-%"(& 1"0(&!2%&?+)()#&7'5%-%'&2%&)(5("%%3&!"&*.%1-&'#*%/%*+6%%8&[+F4"0&-'&7(-&#15&/(0('1&;(&/,(5('&#4"0&
0(&*%#+-.2%%Z8&C',3&!"&7%"(3&-(?('&(/.-16%(%&<:'&!5;%")&5(,(1&5'%&)1)8&P%5;1-&*,(#(&!"#(*3&0',&)(#.-(-(& '/('1&1"&*,1;3&/+F4"01:)(&2%&)%56%"01:)(&;(&)%"(3&)(&#,(0&/%%3&*,+%"0&;,%"*,(&.'5("%%&*,1;(2*%8
)(&!"2%,+3&2%&%'*+&#+&'&).)%*&7%"'-1-&2#.-%%&;-'"(*',(8&I#15&)(&7'#(&5',('&'-(?(,(3&'#15&',(&-.#&5',(-(& G'&.51-&)%5;-1&)'1&"(2*%1*.,&%0(('&5.,6%%&()*(&-(?'*+&0(&%0(('&1"(%&;%(%,%&/(2"%#(3&0',&#.")*'*4"0&
(L'5("&'-&'#()*(%&(L%)*("6(&#%#-%#(&0(&';,.L%5'*%/&V^8qqq&0(&'"%8 #+&*,+%(2*(3&/+F4"01:)(&!"#+&/%13&(-&)(&#,(0(&.5&;+54"*('"8&P4,F%1&0()-12(2*(&#+&*.*12%&'&*,(#1*&!"&
9("*,1&'#()*&(L'5("3&'5+"1"6%*&2%&"(;+,*%"%*.,3&!")12%&N1/(,"'*.,1-&).-',&)(&#.@.',+&0%"&P,."1-& #('*'&#(-.,&0(&)1)8&I2'&0(&(L(5;-13&/,('&)+&%'&1"&.@%(#*&0%"&#')'&-1%3&)+:<&'2(F(&!"&'-*+&;',*(3&2%&
5+,%,%%&K'-(&2%&!"#."=1,'*&0(&x1,%1-&K+1&).-',3&#.5;1)&0%"&)7%"*(-(&01$1,%&'"?(-%#(&).-',(3&/%"(&);,(& #.")*'*+&#+&54"'&!%&*,(#(&;,%"&'#(-&.@%(#*8&K(&'0,()('F+&).6%(%3&#.;%%-.,3&0',3&#1&5%,',(3&/(0(&%"0%7(,("6'&
9+54"*&2%&!2%&)*'@%-(2*(&x10(#'*'&!"&'*5.)7(,'&7-1%0%#+&'&G1"%%&".')*,(8&G'&'#(')*+&x10(#'*+&0%/%"+& -.,3&;',#+&',&7%&)1,F%8&S&".,5'-&)+&"1:<&'10+3&;("*,1&#+&/.,@%,('&-1%&()*(&(*(,%#+3&);%,%*1'-+3&0%7(,%*+&0(&
')%)*+&7+,+&#.")1-*',(&x1,%1-&9+54"*1-1%3&7.,5'*&0%"&5',%-(&("*%*+6%&#."01#+*.',(&'-(&;-'"(*(%&".')*,(3& #('&).".,+&'&.'5("%-.,&*,1;(2*%8
#',(& 0(& '#15&"1& 5'%&'1& "%#%&1"& #1/4"*3&(-(&')%)*4"0&0.',&#'&)%5;-%&5',*.,%&-'&)74"*'&2%& 0%/%"'& C(&51-*(&.,%&):'&!"*45;-'*&#'&1"&')*7(-&0(&01$&)+&).)(')#+&-'&2(0%"6(-(&0(&#.51"%#+,%&#1&("*%*+6%-(&
x10(#'*+8&T"1-&#4*(&1"1-3&01$1,%-(&9+54"*1-1%3&#',(&'1&*(,5%"'*&#%#-1-&2(0(,%%&-.,&;(&'#(')*+&;-'"(*+3& #(,(2*%3&2%&!"*,(@'*&0(&1"&.5&*,1;()#&#(&5'%&7'#(3&,+);1"0(3&#+&(&7.',*(&.#1;'*3&#+&!2%&#.")*,1%(2*(&.&
*,(# & ;( & 0%"'%"*(' & C.5"1-1% & 2% & ' & !"?(,%-., & K+%8 & J(?,+%*' & 2*%%"6+ & ' & C%/%"1-1% & ).-', & /(0( & 5(,%*(-(& #')+&".1+8&J1&2*%(&#+&'&51,%*&2%&#+&!"&-15('&#(,(')#+&"1&5'%&',(&"(/.%(&0(&$'%"(3&54"#',(&2%&
7%(#+,1%'3&2%&#(%&@1"%&2%&0,(;6%&)1"*&*,(#16%&-'&0,(';*'&G1%3&%',&#(%&"(/,(0"%#%&-'&)*4"?'8&S"*%*+6%-(& '0+;.)*8&S-&#',+&#+,+5%F%3&-(&!5@%"+&#1&/',&2%&/(0(&#15&*,(;*'*&)(&!"'-6+&F%01-&)+18&P.'*(&'#()*('&)1"*&
);%,%*1'-(&*,(51,+&0%"&*.'*+&7%%"6'&-.,3&)*4"0&!"&7'6'&C%/%"1-1%&).-',3&-'&x10(#'*'&7+#1*+&!"&"15(-(& ,('-%*+6%&:&0',&,('-%*+6%&(*(,%#(3&#.")*,1%*(&#1&;1*(,('&?4"01-1%&)+1&2%&0%"&5'*(,%'&(*(,%#+&#(&15;-(&
P'*+-1%&#(,()#8&!"7,%#.2'*(&)1"*&)17-(*(-(&-.,3&#+#%&2*%1&#+&0,(';*+&(&x10(#'*'&H(-1%&#',(&)*,+-1#(2*(&#1&.& 1"%/(,)1-Q&#.")*,1#6%%&/,(5(-"%#(3&#(&0+%"1%()#&0.',&;4"+&#4"0&?4"01-&)+1&',(&')*7(-&0(&9,(.#1;+,%8&
-15%"+&.,@%*.',(&!"&7'6'&-.,8&I#15&/+0&*.'*+&?,.F+/%'&#."01%*(%&-.,3&#4*&'1&)*'*&;(&'#()*&?-.@8 I)(5("('&'#*(3&)%5%-',(&#1&#(-(&*(,()*,(3&)1"*&7.',*(&"15(,.')(&2%&7,(#/("*&(L(#1*'*(&0( &-.#1%*.,%%&
H(%&#',(&'1&01)&.&(L%)*("6+&0%"&@%"(&!"&5'%&@%"(3&/.,&7%&#."012%&0(&!"?(,%%&).-',%&;(&.&'-*+&;-'"(*+3& )7(,(-.,&%"7(,%.',(&'-(&H(,1-1%8
5'%&'/'")'*+3&%',&#(%&#',(&'1&)*'?"'*3&0%"&(L%)*("6+&!"&(L%)*("6+&:&.;1"4"01:)(&#1,("*1-1%&(/.-1*%/3& C1$1-&%"7(,%.,&15@-+3&0',&#.")*'*+&#+&;-1*(2*(&0(')1;,'&;+54"*1-1%&2%&"1&5'%&',(&"(/.%(&0(&
;,%" & -%@(,1-& -.,& ',@%*,13 & ,+1& ';-%#'* &: & /., &7%& -1'6%& 0(&'-6% & !"?(,%& 2%&012%& ;(&.& ;-'"(*+& %"7(,%.',+& '& 5%2#',('&;%#%.',(-.,8&H4"0&/,('&)+&)(&01#+&1"0(/'3&)(&2%&;.5("(2*(&'=1")&'#.-.3&!"&/%,*1*('&0.,%"6(%3&
)%)*(51-1%&".)*,18&I%#%&01$1-&-("(2&)(&/'&*,(F%&0%"&*.,.;('-'&)'&2%&"1&/'&5'%&%?".,'&-(?%-(&#(,(2*% #
',(&!-&;,.%(#*('F+&#1&/%*(F+&!"&-.#1-&0.,%*8&K.)%"0&'#')+3&/,('&)+&0()#$%0+&12'&0',&#.")*'*+&#+&'&*,(#1*
[X >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&:&C,%7'&#',*( c15(#'*'/&0%'.'&3%&2#14'.%'&51$181% [Y

;,%"&('&2%&)(&'7-+&!"&5%=-.#1-&#'5(,(%8&T"&2%,&0(&')(5("('&(L;(,%("6(&7'#(&-15%"+&!"&5%"*('&-1%3&2%&0(& )*,+@+*1*+&0(&/(0(,('&)'&2%&)(&;.'*(&.;,%&-'&1"'&0%"&,.*%6(-(&;(&#',(&/,('&)+&.&(L'5%"(F(&5'%&0(&
-'&.&/,(5(&!2%&0+&)('5'&#+&"1&5'%&(&;,%"*,(&#(%&B/%%E&2%&#+&'#15&(&!"&#('*'&B5.,6%-.,E8&R'*+&;("*,1&#(& ';,.';(8
()*(&0(&5',(&7.-.)&;("*,1&.53&#'&!"#+&0(&;(&#4"0&)(&'7-+&!"&-15('&*,1;(')#+&)+&)*10%(F(&7(".5("(-(& a51-&*,1;()#&;,%/(2*(&.&#',*(8&S-&/(0(&"15'%&#.;(,*'&0(&#',*."&'&'#()*(%&#+,6%8&C1$1-3&;,%/%"0&
);%,%*1'-(3&7%(&#+&-(&#,(0(3&7%(&#+&"13&;("*,1&#'&'*1"#%&#4"0&/'&*,(#(&;,'?1-&5.,6%%&2%&)(&?+)(2*(&!"& '#(('2%&#',*(3&#1&/(0(,('&)'&)*,+@'*(&#.;(,*'&0(&#',*."&2%&,4"0&;(&,4"0&*.'*(&7%-(-(3&;4"+&-'&#('&0%"&
-15('&0(&0%"#.-.3&)+:2%&'5%"*(')#+&0(&#(-(&#%*%*(3&2%&')*7(-&)+&"1&5'%&,+*+#(')#+&/,(5(&!"0(-1"?'*+3& 1,5+8&C'#+&0.,(2*(3&)(&;.'*(&.;,%&#1&/(0(,('&)'&-'&;'?%"'&_\3&0(&(L(5;-13&2%&;.'*(&!"&'#()*&#'F&)+&
7+#4"0&2#.'-+&2%&'=1"?4"0&*4,F%1&-'&#1".'2*(,('&I0(/+,1-1%8 #%*(')#+3&,4"0&#1&,4"03&*.*&#(&)*+&)#,%)&;(&'#(')*+&;'?%"+3&7+,+&#'&'#(')*+&#',*(&)+&7%(&0()#$%)+&2%&7+,+&
c(;(*3&#'&)+&7%(&@%"(&-+51,%*8&G15('&#(,(')#+3&%"/%F%@%-+&;+54"*("%-.,3&"1&)(&'7-+&!"*,:1"&'"15%*& )+&7%(&)#.')+&0%"&,'7*1-&@%@-%.*(#%%&1"0(&)(&'7-+8
-.#&0%"&);'6%%-(&1"%/(,)1-1%3&#%&()*(&#$%',&!"&=1,1-&;+54"*1-1%8&S'&()*(&.,4"01%*+&!"&0%7(,%*(&"%/(-(3& a51-&"1&;.'*(&/(0('&0(#4*&/%@,'6%%-(&#(-(&5'%&,',(&2%&5'%&-("*(&'-(&-15%%&7%F%#(&!"&#',(&)(&'7-+8&
)7(,(&)'1&F."(3&;.;1-'*(&0(&01$1,%&01;+&/(#$%5('&2%&5(,%*1-&-.,8 C1$1-3&'=1")&!"&-15('&);'6%%-.,3&/(0(&/%@,'6%'&#(-1-(%&"(,/.')(3&5%2#',('&5%#(-%%-.,&0%"*,:.&#(-1-+3&
I#(-&.5&#',(&'&01)&;(&;+54"*&.&/%'6+&/(#%"+&#1&'&'"%5'-1-1%3&1"(.,%&#$%',&2%&5'%&,('3&;("*,1&#'& /%@,'6%%-(&0%7(,%*(-.,&#'*(?.,%%&0(&7-1%0(3&2%&'1,'&0%"&=1,1-&*1*1,.,&-1#,1,%-.,&2%&7%%"6(-.,8&a,%#(&?4"03&
):' & '71"0'* & !" & 5.#%,-' & ;')%1"%-., & 0(?,'0'"*(3 & -' & *,(#(,(' & )' & !" & -15(' & #(,(')#+ & !2% & /' & #."*%"1'& 0',&5'%&'-()&.,%#(&0%)#16%(&0();,(&#(-&;-(#'*&0%"&;-'"1-&7%F%#3&;,./.'#+&.&/%@,'6%(&'&7-1%01-1%&0%"&=1,3&
(L%)*("6'&*.*&'*4*&0(&5%F(,'@%-&#'&2%&;(&;+54"*3&#+#%&/'&-.#1%&!"&)*,'*1-&%"7(,%.,&'-&9+54"*1-1%3&!"& /%@,'6%(&#',(&;,.;'?4"01:)(&;,%"&);'6%1&;("(*,('F+&01$1-3&-14"0&#1".2*%"6+&#+&#(%&0,'?%&)'1&;,%(*("%%&
(*(,1-&#(-&5'%&?,.).-'"&0%"&=1,1-&;+54"*1-1%8&S-&/'&)%56%&)(*(3&/'&)17(,%&0(&7.'5(&2%&/'&'/('&0.,%"6(& )+%3&/.,@()#&0(&(-8&H."#("*,4"01:2%&'*("6%'3&01$1-&%'&#1".2*%"6+&0(&*.*&#(&)(&0%)#1*+&0();,(&(-8
@()*%'-(3&0',&#15&"1&5'%&',(&*,1;3&2%&0(#%&;.)%@%-%*'*('&0(&'&-(&)'*%)7'#(3&/'&)17(,%&?,.F'/&0(&51-*3& I*("6%(3&0,'?%%&5(%&#%*%*.,%M&U.,6%%&/.2*,%&2*%1&*.*&#(&/.,@%6%&2%&*.*&#(&?4"0%6%&0();,(&(%8&H1;,%"2%&0(&
,+*+#%"0 & 7+,+ & 6%"*+ & !" & );'6%13 & !" & )7(,' & #.,();1"F+*.',( & ;1,%*+6%% & 2% & (/.-16%(% & )'-(8 & K( & #.@.',+ & -'& 0.,3&(%&#.@.',+&#'&71-?(,1-3&/+&;,%/()#3&/+&!5@,+6%2('F+3&/+&)+,1*+&#1&!"7.#',(3&0',&7%%"0&5'%&)1@*%-%&
)1;,'7'6'&;+54"*1-1%3&7,(#/("*4"0&#4,#%15%3&@',1,%3&#-1@1,%3&#')(&0(&*.-(,'"6+3&'@'*.',(&(*#3&'0%#+& 0(#4*&'(,1-3&/.%&"1:%&/(0(6%3&"1:%&'1F%6%3&"1:%&)%56%6%3&"1&2*%6%&#+&(%&)1"*&'-+*1,%&0(&/.%8&[+F4"01:/+&
-.#1,%&1"0(&)(&(L(,#%*+&'#6%1"%3&;(&#',(&7%,('&2%&=.)"%#%'&)'&-(&5'%&0.,(2*(8&!"&'#()*(&-.#1,%&)(&'-%;(2*(& 1"(.,%&!"&)17(,%"6+3&)'1&!"&5',%&01,(,%&)17-(*(2*%3&',&/,('&)+&/+&/.,@(')#+3&)+&/+&7'#+&#1".)#1*&#+&":'1&
0(&#4*(&1"&.53&2%&;,%"&)1?()*%%3&!-&!"0('5"+&)+&)(&'71"0(&2%&5'%&'04"#&!"&/%#%13&)%56%"0&')*7(-&.& 51,%*3 & #+ & *,+%()#3 & #+ & )*'1 & -4"?+ & /.%3 & 0', & "1 & ;.*& )+ & )( & 5'"%7()*( & !" & #$%; & /%F%@%- & .51-1% & *,1;()#8&
)'*%)7'#6%(&0%,(#*+&:&;,%"&(5'"'6%%-(&;,%5%*(3&2%&%"0%,(#*&:&;,%"&;-+#(,('&0(&'&%);%*%&2%&;(&'-*1-&)+&7%(& H4*(.0'*+&;,.01#&;,%"&/%@,'6%%&0(&0,'?.)*(&.&#+-01,+&%1@%*1-1%&-.,3&')(5+"+*.',(&#1&,'0%'6%'&#'-0+&#(&
;+*%5'2&#'&(-8&C1#4"01:2%&')*7(-&/,(5(&!"0(-1"?'*+&.&/%'6+&"(*,(@"%#+3&(-&0(/%"(&1"&);%,%*&5'-(7%#3&1"& /%"(&0(&-'&.&).@+3&0',&@%(*1-&.5&:&;,(.#1;'*&0(&?4"01,%-(&2%&01,(,%-(&)'-(&"("15+,'*(&:&"1&@'?+&0(&
0(5."&'-&@%(*1-1%&.5&*,1;()#3&)-'@&!"&/.%"6'&2%&=10(#'*'&)'8 )('5+&#+-01,'&01-#(3&#',(&!-&!"#+-F(2*(3&!"&?("(,'-3&;(&;',*('&0,(';*+&'&*,1;1-1%8&T"(.,%3&5'%&'-()&
a51-&#',(&'&0(F(,*'*&0%"&7'6'&1"(%&/%(6%&?,(-(3&;-%"(&0(&'5+,+#%1"(&2%&)17(,%"6+&:&0()*%"&'##(;*'*& %5(0%'*&01;+&0()*,1;',(3&#4"0&!"#+&'1&#(/'&0%"&;1*(,%-(&7-1%01-1%&/%*'-3&01$1,%-(&;.*&'@).,@%&7-1%0&0%"&
0(&(-&!"'%"*(&0(&'&)(&"'2*(3&.,%&.51-&#',(&0%"&1,+&'&)1;,%5'*&/%'6'&1"1%&)(5("&'-&)+13&#4"0&)(&/'& );'6%13&!-&#."0(")('F+&;4"+&-'&;1"#*1-&0(&'&,('-%F'&1"&0(?(*&)(5%5'*(,%'-3&2%&';.%&#%.#'"(&#1&(-3&.&
0(2*(;*' &-' & /%'6' &);'6%'-+3 & )( &/' & ?+)%& !"#."=1,'* & 0(& . & #('6+ &7-1%0%#+3 & "('?,+ & #' & ".';*(' & #(' & 5'%& 0'*+&)'1&0(&5'%&51-*(&.,%3&!"&5.@%-+3&.?-%"0+&)'1&7(,(')*,+3&.,%&);',?&1"&;'$',&)'1&*,4"*()#&1"&5%#&
!"*1"(#'*+3&)%56%"0&1"&7,%?&#',(&7'#(&)+:%&*,(51,(&*.'*+&7%%"6'3&;4"+&-'&(L');(,',(8&T5@-+&#'&.,@1-& .@%(#*&0(&;(&5')+8&I-*(.,%3&#'5(,'&7%%"0&!"#$%)+&;(&0(;-%"3&)(&)%5*(&1"&#1,("*3&.&5%2#',(&0(&'(,&#',(&
;,%"&);'6%13&"(/+F4"0&7((,%'&7-1%0(-.,3&"(/+F4"0&;(&"%5("%8&K*',('&'#(')*'&;.'*(&)+&)(&;,(-1"?(')#+& !"#(*('F+&,(;(0(8&K(&#%*('F+&#'F1,%&#4"0&):'&',+*'*&71-?(,+*.,&.&7-'#+,+&.,%&1"&;1"#*&-15%".)8&C1$1,%-(&
)1*(&0(&'"%3&;4"+&#4"0&!%&/'&0(/("%&'*4*&0(&#$%"1%*.',(3&'*4*&0(&%")1;.,*'@%-+3&!"#4*&/'&)*,%?'A&Ba3& 7'#&*.*&;.)%@%-1-&:&01;+&"'*1,'&2%&;1*(,%-(&-.,&:&)+:%&!"#,(0%"6(F(&;(&%1@%6%%&-.,&#+&)1"*&2%&(%&;,(F("6%3&2%&
C.'5"(M&0(&(2*%&;(&1"0(/'3&)#.'*(:5+&0%"&'#()*&#$%"ME&G'&';(-1-&)+1&#+*,(&C%/%"%*'*(3&1"&?-')&)(&/'& -%&)(& )742%(&)17-(*1-& 0(& 01,(,(& #4"0&#.")*'*+&#+&"1& ,(12()#8&C1;+&;1*(,%-(&-.,3&#/')%:7%F%#(3&01;+&
'1F%&#1,4"0&-4"?+&(-3&2%&!%&/'&);1"(A&Bo,'*(3&'%&?,(2%*3&'%&!"#+-#'*&G(?%-(&!"&7'6'&#+,.,'&)(&;-('#+&*.*& "%/(-1-&-.,3&01$1,%-(&;.*&;,.01#(&0%7(,%*(&5'"%7()*+,%3&#'&)+&','*(&#+&)1"*&;,(F("6%&2%&#+&';,.@+&)'1&"1&
1"%/(,)1-8&c.'?+:*(&2%&6%&)(&/'&121,'&)*',('8E&G'&!"0(5"1-&'#()*1%&@%"(/.%*.,3&01$1-&?,(2%*&!"'-6+&.& #(-(&);1)(8
,1?+&7%(,@%"*(&0(&%(,*',(3&-'&#',(&C%/%"%*'*('&,+);1"0(&;,%"&*,%5%*(,('&1"(%&,'F(&7-1%0%#(3&,%)%;%"0&#('6'& G15('&*,1;(')#+&',&*,(@1%&)+&7%(&#."2*%("*+&0(&@1#1,%'&;(&#',(&.&;,./.'#+&01$1,%-.,&#4"0&!2%&
!"*1"(#'*+8&C1$1-&!"#(;(&)+&/'0+&!"&=1,1-&)+1&2%&')*7(-&"1&5'%&,+*+#(2*(&-'&/.%'&!"*45;-+,%%&;,%" '5%"*(2*(&0(&;(,)."'-%*'*('&-.,3&/.,@%"0&01%.)&0();,(&('8&I,&*,(@1%&)+&2*%(&#(&)("*%5("*(&;,.71"0(&0(&
,(#1".2*%"6+&2%&%1@%,(&)*4,"(2*(&!"&)17-(*1-&01$1,%-.,&0(;1"(,('&1"(%&7-.,%&;(&5.,54"*1-&-.,8&C',&;(&
);'6%18 #4"0& '5%"*%,%-(& 01%.')(& 2%& ;',7151-&7-.,%-.,& -(& ;,.#1,+& .& 7(,%#%,(& "()74,2%*+3&;-4")1-&"(#1,5'*& 2%&
C1#4"01:2% & /%'6' & ;+54"*(')#+ & !" & ;,(.#1;+,% & "15'% & 5'*(,%'-(3 & *,+%"0 & "15'% & ;("*,1 & (- & 2%& 0%);(,',('&#(-.,&-+)'6%&;(&;+54"*&!%&*.,*1,('F+&!"*,:.&5',(&5+)1,+8&C'#+&!%&%1@%5&#1&'0(/+,'*3&)+&"1:%&
#.")%0(,4"0&,1?+#%1"('&#'&1"&'#*&%"1*%-&2%&;%(,0(,(&0(&/,(5(3&#4"0&/'&,(/("%&!"&-15('&/(2"%#+3&.51-& 5'%&)1;1"(5&-'&')(5("('&*.,*1,%3&)+&"(&)*+;4"%53&;(&#4*&;.)%@%-3&-'#,%5%-(&#',(&!%&',0&2%&)+:%&'=1*+5&
/'&;-1*%&!"&;,%5'&;(,%.'0+&'&/%(6%%&);%,%*1'-(&!"&"%/(-(&';,.;%'*(&;+54"*1-1%3&!"&)7(,'&1"0(&!2%&01#& !" & 0,151- & -., & e#(,()# & ;,%" & 1"0(-( & /%@,'*.,%% & '-( & ,1?+#%1"%-., & ".')*,(3 & #',( & -( & ).)()# & #' & . & @,%F+&
/%'6'&(*(,%#+&2%&)17-(*(-(&'"%5'-(-.,3&#',(&'1&"(/.%(&0(&.&)#1,*+3&2(0(,(&!"&);'6%18&K17-(*1-&;-'"*(-.,&"1& @%"(7+#+*.',(8& !" &-.#&0( & 5.,5%"*(& #.)*%)%*.',( &: & 2%& !"&0(7%"%*%/3 & ;%(,%*.',(&: &5'%& @%"( &)+ & )( &7'#+&
)*+&0(#4*&7.',*(&;16%"&*%5;&!"&);'6%13&0(.',(#(&)(&#.@.',+&#1,4"0&!"&*,1;1-&".%%&;-'"*(8&C1$1,%-(& 5%-.)*("%( & !"& "15(-( & #(-1% & ;-(#'*3 & 121,4"0 & 5%F(,%' & 1"1% & @+*,4"3 & )+,+#%' & 1"(% & 5'5( & /+01/( & )'1&
'"%5'-(-.,&/.,&'/('&!")+&.&'*%*10%"(&0125+".')+3&/+F4"0&!"&'#(-&01$&;(&#(-&#',(&-(:'&1,5+,%*&#1&1,+& '=1*4"0&1"&#.;%-&.,7'"3&-%;)%*&0(&0,'?.)*(&2%&0(&"(#()',1-&5'*(,%'-8&C1$1-&%'&#1".2*%"6+&0(&?4"01,%-(&
2%&-(:'&1#%)&#1&-+#.5%(&;("*,1&'&-(&0(/.,'8&I)*7(-3&2(0(,('&01$1-1%&15'"&!"&'#()*&"%/(-&()*(&;-%"+&0(& ".')*,(&!"0,(;*'*(&#+*,(&(-&2%&)(&#.@.',+&#'&71-?(,1-&;(&7%,1-&0,'?.)*(%&;("*,1&'&')%)*'&-'&,1?+#%1"('&
?,.'F+8&C%"&7(,%#%,(&;("*,1&(-3&;(&;',#1,)1-&*%5;1-1%&2%&;(&5+)1,'&,1?%%&)'-(&0(&'&7%&)#+;'*&0%"&'#(')*'& ".')*,+&!"+-6'*+&#+*,(&H(-&I*.*;1*(,"%#&;("*,1&121,',('&)17-(*1-1%&)+18&T"0(-(&/%@,'6%%-.,&0(&,1?+#%1"(&
)7(,+&'&?,.'F(%3&)(&,%0%#+&!"&"%/(-1-&#.,();1"F+*.,&?,'01-1%&)+1&(/.-1*%/8 !%&0'1&;1*(,%&)+:2%&0();,%"0+&0(&;(&;(,%);%,%*&%5;1,%*+6%-(&(*(,%#(&#."*,'#*'*(&!"&/%'6'&)'&;+54"*(')#+8&
!"&*%5;1-&2(0(,%%&-.,&;,%"&);'6%13&("*%*+6%-(&);%,%*1'-(&5'%&(/.-1'*(&01#&.&/%'6+&0(&)*10%%3&0(&'"'-%F(& S-%@(,'*&0(&%5;1,%*+6%3&/%@,'6%%-(&;(,%);%,%*1-1%&)+1&%'1&1"&,%*5&5'%&,';%03&01$1-&;1*4"01:)(&!"+-6'&-'&
2%&#."#-1F%%8&S-(&)1"*&7.',*(&'#*%/(3&#%,#1-+&!"&*.'*(&0%,(#6%%-(&)7(,(%&-.,3&'01"4"01:)(&;("*,1&'&0%)#1*'& 1"&"%/(-&5'%&!"'-*3&;4"+&!"&)7(,'&1"0(&/'&!"*4-"%&1"&(*(,&'-(&#+,1%&/%@,'6%%&#.,();1"0&#1&'-(&;(,%);%,%*1-1%&
0%7(,%*(&;,.@-(5(&#(,(2*%&)'1&.5("(2*%3&;,%"&#',(&!"6(-(?&#,('6%'&2%&7(".5("1-&/%(6%%8&I2'0', &7%(#',(& )+18&I2'0',&,1?+#%1"%-(&#(-.,&0(&=.)&'=1*+&51-*&#(-.,&0(&)1)3&01;+&#15&2%&,1?+#%1"%-(&#(-.,&0(&)1)&
01$&!2%&',(&.#1;'6%'&)'&2%&()*(&;,(.#1;'*&0(&#(('&#(&!%&;-'#(8&C1$1,%-(&)1"*&#1&'*4*&5'%&7(,%#%*(3&#1&#4*& '=1*+&#(-.,&0(&=.)3&!"&5(,)1-&/%(6%%&-.,&*(,()*,(8
)(&'7-+&!"&"%/(-(&)1;(,%.',(3&#4*&5'%&0(;+,*'*(&0(&)1;,'7'6'&;+54"*1-1%8&o(,%#%,('&-(&()*(&;,./.#'*+&0(& a'5("%%&#',(&'1&*,+%*&5.0()*3&)%-%"01:)(&)+&7'#+&@%"(-(3&#1&/.,@'&2%&#1&7';*'3&;(&#4*&-(:'&7.)*&
/%@,'6%'3&#1-.',('&2%&51F%#'&7-1%01-1%&)7(,(%&1"0(&/%(61%()#8 ;.)%@%-3&#',(&":'1&1%*'*&;(&H(-&0(&1"0(&'1&;1,#()&#4"0/'&2%&'1&!"*,(6%"1*&;,%"&,1?+&-(?+*1,'&5("*'-+&
R"&)*',(&".,5'-+3&#4"0&"1&()*(&;(0(;)%*3&01$1-&"1&)%5*(&"%#%&#'-03&"%#%&7,%?3&0(2%&',(&".6%1"%-(& #1 & S-3 & %5;-.,4"01:G& ;("*,1 & #(% & @.-"'/% & 2% & )17(,%"F%3 & ;("*,1 & #(% & -%@(,% & 2% & !"*,1;'6%3 & !" & 5.5("*1-&
'#()*('&0(&-'&.'5("%%&;+54"*1-1%&2%&0%"&'5%"*%,%-(&-1%3&0(&;(&#4"0&'/('&*,1;8&S)*(&!")+&%5;,()%."'*&0(& 0()*,1;+,%%& )(&/.,& 0(;+,*'&%5(0%'*&0(&#'0'/,1-&-.,3&"(0.,%"0&)+& ')%)*(& -'& !"$15',('&*,1;1-1%&-.,8&
15(F('-' & '(,1-1%3 & #4"0 & )( & #.@.',+ & -' & )1;,'7'6' & ;+54"*1-1% & #1 & )#.;1- & !"0(;-%"%,%% & 1"(% & '"15%*(& I#()*(&01$1,%&/.,&*,(#(&,(;(0(&;,%"&;(,%.'0'&0(&).5"3&2%&-'&0(2*(;*',(&/.,&7%&;(,7(#*&#."2*%("*(&0(&
5%)%1"%3&!"*,1#4*&';'&',(&;,.;,%(*'*('&0(&'&'@).,@%&7-1%0(-(&#(&#.5;1"&#.,;1,%-(&)'-(8 )*',('&2%&-.#1-&!"&#',(&)(&'7-+8&S-(&/.,&)*,+@'*(&#'&1"&@'-."&*.'*(&)7(,(-(&%"7(,%.',(&'-(&9+54"*1-1%3&
!"&-15('&7%F%#+3&.#$%%&.51-1%&"1&/+0&0(#4*&(L*(,%.,1-&#.,;1,%-.,8&a#$%1-&);%,%*1-1%&:&,(;,(F("*'*& !"+-64"01:)(&7+,+&.;,%,(&;4"+&!"&)7(,'&#.,();1"F+*.',(&;,.;,%%-.,&5(,%*(&);%,%*1'-(8&C'Q&0',&')(5("('&
;,%"&!"*,(?1-&)+1&#.,;&);%,%*1'-&:&/(0(&2%&(L*(,%.,1-&2%&%"*(,%.,1-&.,%#+,1%&.@%(#*3&'0%#+&;,%/%,('&7-1%0%#+& );%,%*(&)1"*&,',(3&(-(&';',6%"&-15%%&'"."%5(3&!"&?("(,'-&;16%"&%")*,1%*(3&0',&#1&.&%"%5+&0(&'1,3&7%%"0&
'&01$1-1%&)*,+@'*(&0%"&(L*(,%.,&);,(&%"*(,%.,1-&.,%#+,1%&.@%(#*3&2%&)(&;.'*(&.;,%&)+&.@)(,/(&-'&"%/(-1-& !"F()*,'*(&#1&)("*%5("*(&'-*,1%)*(3&'=1*4"0&#1&#(&;.*&2%&0(/.*4"01:)(&;("*,1&54"?4%(,('&';,.';(-1%&
1"0(&%"*("6%."('F+&)+&/'0+&5'%&@%"(8 -.,&!"&)17(,%"6+8&I)(5("('&01$1,%&!2%&01#&!"&);'6%1&.&(L%)*("6+&0(&51-615%,(&0(;-%"+3&0(&#('&5'%&
R'*+&1"&#(')&0(&@1F1"',8&a#$%1-&.51-1%&/(0(&0.',&#';'#(-(&-1%3&)'1&1"&#';'#&2%&.&-("*%-+3&)1@& 5',(&7(,%#%,(&;(&#',(&.&;.'*(&.7(,%&!"&;,(F("*&;-'"(*'&".')*,+8&!")+&2%&'#(')*+&7(,%#%,(&',(&1"&)74,2%*3&
#',(&)(&.@)(,/+&#'0,'"1-&2%&#(-(&0.1+&%"0%#'*.',(8&K;%,%*1-&/(0(&;,%"&#'0,'"&2%&,.*%6(-(3&;4"+&0%"#.-.& 01$1-&7%%"0&*,%5%)&=.)3&-'&.&".1+&-(#6%(3&.&".1+&5%)%1"(3&.&".1+&!"*,1;',(8
0(&#';'#1-&.;1)8&c.*%6(-(&-(&/(0(&"1&"15'%&)1;,';1)(3&#%&;(&7%(#',(&!"&;',*(3&#+#%&7%(#',(&;%()+&(
[Z c15(#'*'/&0%'.'&3%&2#14'.%'&51$181% [[
>%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&C,%7'&#',*(

C'#+ & "1 & (L%)*+ & 7(,%#%,( & ;(,;(*1+3 & "1 & (L%)*+ & "%#% & )17(,%"6+ & /(2"%#+8 & !"*,:'0(/+,3 & #(- & 5'% & ,+1& K(&);1"(&0()A&BH(&(&;(&;+54"*&()*(&#'&!"&H(,E<3&#(('&#(&#.,();1"0(&1"(%&,('-%*+6%8&!"*,:'0(/+,3&
#,%5%"'-3&5.")*,1-&#(-&5'%&!"*1"(#'*&;(&#',(&<:'&'/1*&15'"%*'*('3&/'&;-+*%&;,%"&?,.'F"%#(&)17(,%"6(&:& .5("%,('& ()*(& 54"'*+&'F%3& !"& #1,)1-&'#*%/%*+6%%&)'-(3&!"*,:.&#."*%"1+& 7,+54"*',(3& 0%"Z#(& !"& #(&5'%&
;(&;-'"(*'&".')*,+3&.,%&/'&7%&*,%5%)&);,(&(L;%(,(&;(&.&'-*+&;-'"(*+3&1"0(&/'&7%&)1;1)&1"(%&(L%)*("6(& %"*(")+&2%&5'%&!"'-*+8&C',&51"#'&()*(&0(.)(@%*&0(&/',%'*+3&7%(#',(&!"0(;-%"%"0&.&'#*%/%*'*(&0%7(,%*+3&%',&
(#$%/'-("*(&#1&%'01-&@%@-%#8&C',&01;+&.&/,(5(3&7%(&('&2%&/('#1,%3&*.,*1,'&-1%&/'&-1'&)74,2%*8&c+1-&;,.01)& 0,'5' & /%(6%% & )( & =.'#+ & 5(,(13 & 01$1- & );(#%'-%F4"01:)( & 0%" & #( & !" & #( & 5'% & 51-*3 & 2% & !" & '#(-'2% & *%5;&
0(&(-&)(&/'&'"%$%-'&;,%"&!")+2%&)17(,%"6'&)'Q&*,(;*'*&%&)(&/'&-15%"'&#."2*%%"6'&2%&/'&-%#+,%&!"&(-&0.,%"6'&0(& ;(,7(#6%."4"01:2%&/(#$%-(&.#1;'6%%8&I#(('2%&'#*%/%*'*(&%"*(")+&2%&7,+54"*',(&.&!"*4-"%5&2%&!"&H(,3&!"&
'&,(;','&*.*&,+1-&;,.01)&#(-.,&#1&#',(&'&/("%*&!"&#."*'#*3&;(&#4"0&*,+%'&;(&;+54"*8&T"&')(5("('& );'6%%-(&0%"&=1,1-&#.,;1,%-.,&#(,(2*%8&[+F01$1,%-(&)1"*&;-%"(&0(&.&%"7%"%*'*(&0(&01$1,%3&#',(&:&#'&2%&
);(#%5("&'&7.)*&P.,{1(5'0'3&#';1-&%"#$%F%6%(%&0%"&K;'"%'3&#',(&'&)*'*&!"&!"*1"(,%#&2%&7,%?&*,(%&)1*(&0(& '-@%"(-(&1"1%&)*1;&:&)1"*&!"*,:.&#."*%"1+&'#*%/%*'*(3&7%(#',(&7+#4"0&1"&'"15%*&-1#,18&I2'0',&);(#%'-%F',(&
'"%Q&1"&(L(5;-',&2%&5'%&?,.'F"%#&'&7.)*&2%&()*(&J(,.3&!5;+,'*1-&,.5'"&#',(&'&1#%)&F(#%&0(&5%%&0(& (L%)*+&2%&!"&H(,&#'&2%&;(&;+54"*8&C(&7';*3&);(#%'-%F+,%-(&0%"&H(,&'1&'01)3&,4"0&;(&,4"03&;(&#(-(&0(&;(&
#,(2*%"%&!"&',("(-(&,.5'"(3&7%%"0&',1"#'6%&7%',(-.,&)+-@'*%#(3&.,%&1"2%&#1&;+#1,+&2%&',2%&#'&'0(/+,'*(& ;+54"*8 & !" & H(, & )( & ?4"0(2*(3 & )( & )*10%'F+3 & )( & ;(,7(#6%."('F+ & . & .#1;'6%( & .',(#',(3 & 2% & ';.% & ;,%"&
*.,6(&/%%3&-15%"4"0&;',#1,%-(3&!"&*%5;1-&".;6%%8&J(,.&)17(,+&0(&'*1"#%&;4"+&!"&;,(F("*&!"&%"(-1-&7-1%0%#& ,(!"*,1;',('&01$1-1%&()*(&';-%#'*+&2%&!"&-15('&5'*(,%(%&7%F%#(8
'-&-1%&K'*1,"8 U+&/.%&)*,+01%&)+&/+&0()#,%1&71?%*%/&#4*(/'&0%"&.#1;'6%%-(&(L(,#%*'*(&0(&-15('&);'6%'-+8&T"'&0%"&
9,%"&1,5',(3&#(-&#',(&2%:'&0()+/4,2%*&#1&7%0(-%*'*(&0()*%"1-3&;,.?,'51-&/%(6%%&)'-(&;+54"*(2*%3&#4"0& .#1;'6%%-(&0(&#+;(*("%(&'-(&-15%%&);'6%'-(&()*(&)*10%(,('&5(0%1-1%&1"0(&;-1*()#&2%&*,+%()#3&!"*,:'0(/+,3&
/'&*,(#(&!"&-15('&#(-.,&*+#16%&2%&%"/%F%@%-%3&/'&,()%56%&.&121,',(3&.&7(,%#%,(3&)("*%5("*1-&-%@(,*+6%%3&#'&2%& *.'*(&01$1,%-(&)1"*&!5;%")(&0(&"(#()%*'*('&0(&'&)*10%'&(*(,1-&!"&#',(&)(&5%2#+3&#1&#',(&)(&$,+"()#&2%&
#4"0&',&7%&%(2%*&0%"*,:.&*(5"%6+&#',(&!%&5+,?%"%)(&5%2#+,%-(&2%&;1*(,('&0(&!"6(-(?(,(8&K.)%*&!"&);'6%13& #.")*,1%()#&#(('&#(&;,%#(;(,('&2%&)7(,'&-.,&0(&#1".2*%"6(&-(&;(,5%*8
*.'*(&)%561,%-(&-1%&:&/+F1-3&'1F1-3&)%56%,('&:&)1"*&!")1*%*(8&I#15&)(&5%2#+&;,(#15&71-?(,1-3&/(0(&;4"+& S/%0("*3&'#(')*+&;,(.#1;',(&"1&;.'*(&)+&';',6%"+&0(#4*&);%,%*(-.,&#1&.&(/.-16%(&5'%&'/'")'*+8&
!"&F+,%-(&0(;+,*'*(&'-(&'@%)1,%-.,&#(,(2*%3&'10(&0%"&);'6%1&;4"+&-'&)1;,'7'6'&;+54"*1-1%3&,('-%F('F+& S)*(&/.,@'&0(&)*10%(,('&7(".5("(-.,&7%F%#(&:&#1&-(?%-(&-.,3&2%&0(&)*10%(,('&7(".5("(-.,&#$%5%#(&:#1&
7-1%0%#&*.*&#(&5%"*('&-1%&;.'*(&#."#(;(8&9(&)#1,*&:&.&/%'6+&)1@-%5+3&;-%"+&0(&7',5(#3&'/4"0&1"&#45;& 51-*%;-(-(&-.,&#.5@%"'6%%Q&#1&'-*(&#1/%"*(3&#1".'2*(,('&-(?%-.,&7%F%#(&2%&#$%5%#(&'-(&5(0%1-1%&(*(,%#&#(&
%"7%"%*&0(&'#6%1"(8&H1&0,(;*&#1/4"*&)(&;.'*(&);1"(&#+&'&*,(#1*&0%"&5.',*(&-'&/%'6+8 15;-(&);'6%%-(&2%&!"&);(#%'-&);'6%1-&;-'"(*(%&".')*,(8
J.%&!%&#.")%0(,+5&5.,6%&;(&#(%&;-(#'6%&0%"*,(&".%3&2%&!%&;-4"?(58&U'%&5.,6%&)1"*(5&".%3&;("*,1&#+& C1;+&#15&'5&5'%&);1)3&!"&-15('&);'6%%-.,&#(,(2*%&*.*1-&)(&;(*,(#(&#'&2%&;(&;+54"*8&U%-%.'"(3&
*.'*(&7'#1-*+6%-(&".')*,(&)1"*&5+,?%"%*(&0(&*,1;1-&".)*,18&S%&)1"*&#(%&/%%3&;("*,1&#+&'1&,(/("%*&-'&/%'6'& )1*(&0(&5%-%.'"(&0(&.'5("%&*,1;(2*%&,();%,+&'(,3&#.")15+&$,'"+3&0',&$'@',&":'1&#(&#.5;.F%6%(&',(&
'0(/+,'*+3&-'&7.,5'&0(&/%'6+&#',(&(&/(2"%#+&2%&15;-(&*.*&1"%/(,)1-8 '(,1-&)'1&$,'"'&#.")15'*+3&"1&#1".)#&#(&7(".5("(&%"*%5(&)(&;(*,(#&#1&'(,1-&2%&'-%5("*1-&%"*,.01)&!"&
*,1;1-&-.,8&K%5*&0.',&#+&(&"(/.%(&)+&,();%,(&2%&)+&5+"4"#(3&!"&,()*3&;,.#()(-(&;,%"&#',(&)(&*,'")7.,5+&
'#()*(&)1@)*'"6(&"1&-(&#1".)#&2%3&0(&7';*3&"%#%&"1:%&%"*(,()('F+8
K%*1'6%'&()*(&')(5+"+*.',(&2%&!"&);'6%13&!"&-15('&);%,%*(-.,8&U'=.,%*'*('&01$1,%-.,&'1&#1".2*%"6(&
a#1;'6%'&01$1-1%&!"&);'6%1 )15',(&0();,(&)(,%'&"()74,2%*+&'&7-1%0(-.,&2%&-(?%-.,&#',(&;,(F%0('F+&-'&#.5@%"',('&2%&0()7'#(,('&-.,8&
J15'%&.&5%".,%*'*(&)(&0(0%#+&:&-'&7(-&#'&;(&;+54"*&:&#(,#(*+,%%&;,.#()(-.,&0(&#.5@%"',(&'&7-1%0(-.,3&
)*10%(,%%&'"'-%F(-.,&2%&)%"*(F(-.,&-'&#',(&;.*&7%&)1;1)(&2%&#1".'2*(,%%&-(?%-.,&7%F%#(&2%&#$%5%#(&#',(&
a,('*.,1-&%"%6%'-&:&#',(&'&7+#1*&*.*&#(&(L%)*+&!"&#.)5.)&:&?4"0(2*(&2%&-1#,('F+&!"&/(2"%#%(8&S- &(& ?1/(,"('F+&7-1%0(-(8&I#()*(&01$1,%3&;%M%#%("%%&2%&#$%7%3*%%&#(,(3*%/&#(,#(*('F+&0%);1"(,('&7-1%0(-.,&!"&
!")+2%&-(?('&'#*%/%*+6%%3&S-&"1&)(&.0%$"(2*(&"%#%.0'*+3&S-&'&#,('*3&#,(('F+&2%&/'&#,('&!"&/(2"%#%(8&P.'*(& =1,1- & ;+54"*1-1%3 & #'-%*+6%-(3 & /%@,'6%%-( & 2% & #1,("6%% & -.,8 & K*10%'F+ & (7(#*(-( & 7-1%0(-., & : & 7'/.,'@%-( & )'1&
7%%"6(-(&"+)#1*(&0%"&S-&2%&;,%"&/.%"6'&G1%3&/.,&7%&0(#%&)1;1)(&'#()*(%&-(?%3&'0%#+&)+&-1#,(F(&#."*%"118 "(7'/.,'@%-(&:&')1;,'&'"15%*.,&(L%)*("6(&)'1&#,('6%%8&c(F1-*'*(-(&51"#%%&-.,&)1"*&';.%&#.51"%#'*(&
I#(')*+&-(?(&()*(&';-%#'@%-+&2%&5'*(,%%-.,3&0(&*.'*(&?,'0(-(&(/.-1*%/(&:&0(&-'&(*(,1-&;,%5.,0%'-&2%& 5("*'-&01$1,%-.,&#1&'-*(&!"0(-(*"%#%,%8
;4"+&-'&5%"(,'-1-&#(&#.")*%*1%(&;-'"(*(-(8&U'*(,%%-(&)1"*&!"*,:.&#."*%"1+&(/.-16%(3&!"*,:.&#."*%"1+& !"&'7',+&0(&01$1,%-(&)'/'"*(&!"&#$%5%(&2%&7%F%#+3&1"%%&)'/'"6%&)*10%'F+&#.,;1-&01$1-1%&2%&@.-%-(&-'&
/%@,'6%(3&'&#+,(%&7,(#/("6+&#,(2*(,(&5(,(18&I2'0',&"1&(L%)*+&;')%/%*'*(&"%#%&#$%',&-'&;%'*,+3&)'1&)*4"#'& #',(&()*(&(L;1)8&a,%#4*&0(&#%10'*+&',&;+,('&'#(')*+&'7%,5'6%(3&('&#.,();1"0(&*.*12%&1"(%&,('-%*+6%8&
51"*(-1%&:&;(&#',(&.&@'*(&/4"*1-3&;-.'%'3&?(,1-3&).',(-(&(*#8&:&2%&('&()*(&!"*,:.&#."*%"1+&/%@,'6%(3& C1$1-&',(&1"&#.,;&5'*(,%'-3&0',&7.',*(&)1@*%-3&0%'7'"3&(*(,%#8&I#()*&#.,;&',(&.&'"15%*+&'"'*.5%(3&
;,(7'#(,(&#$%5%#+&2%&5(#'"%#+8&P.*1-&()*(&!"&'#*%/%*'*(8 .,?'"%F',(3&#.5;.F%6%(&2%&7%F%.-.?%(3&1"&5.0&0(&71"#6%."',(3&0(#%&()*(&)1;1)&0%7(,%*(-.,&%"7-1("6(&2%&
a51-&*,1;()#&"1&#1".'2*(&-(?%-(&(*(,"(&'-(&H,('*.,1-1%3&0',&P'*+-&#(,()#&%:'&;1)&!"&/%'6+&"(#()%*+6%3& (L;1)&*1-@1,+,%-.,&71"#6%."'-(&2%&5'-'0%%-.,8&I#()*(&#'1F(3&%"7-1("6(&)1"*&)*10%'*(3&#(,#(*'*(3&2%&)(&
#."0%6%%3 & #',( & !- & )%-()# & )+ & -1#,(F(3 & )+ & 7%( & !"*,:. & /(2"%#+ & '#*%/%*'*(8 &I#6%1"('3 & ?4"0%,('3 & 0(*(,5%"+& #'1*+&;,(/("%,('&-.,3&)'1&/%"0(#',('&(7(#*(-.,&-.,8
)#4"*(%'&0%"&.5&)+&7%(&'*("*+3&)+&/'0+3&)+&!"6(-('?+3&)+&;,(/'0+&2%&)+&!"/(6(8 9(&-4"?+&)*10%1-&'"'*.5%(%&2%&7%F%.-.?%(%&01$1-1%3 &7(5%#%%&)4'.%'8%/ &7'#&)*10%%&')1;,'&,';.,*1-1%&
9("*,1&#'&01$1-&)+&#42*%?(&(L;(,%("6+3&.51-&*,(@1%(&)+&51"#(')#+8&U1"#'&0(&.,%#(&7(-&',(&#'& 0%"*,(&#.,;1-&);%,%*1'-&2%&#.,;1-&7%F%#&'-&.51-1%&*,1;()#8&C(2%&!2%&01#&(L%)*("6'&!"&);'6%13&("*%*+6%-(&
1,5',(&;(,7(#6%."',('3&'/'")',('&);%,%*1-1%8&H15&0%"&7%,(&.51-&:&0%"&#'1F'&-1*1-1%&#',(&*%"0(&)+& );%,%*1'-(&)*10%'F+& '"'*.5%'&2%& 7%F%.-.?%'&*,1;1-1%3&;("*,1& '&0%'?".)*%#'&2%&/%"0(#'&'"15%*(&@.-%8&
,(0(/%"+&-'&)*',('&)'&0(&'#*%/%*'*(&-("*+&h&',(&*("0%"6'&)+&*,4"0+/(')#+3&)+&*4"=(')#+&2%&0(&):',&;1*('& K;%,%*(-(&5(0%#%&)1"*&;,(.#1;'*(&0(&#1".'2*(,('&0%"&#(&!"&#(&5'%&#.5;-(*+&'&#.,;1-1%&15'"&2%&'&
)+:%&/%"+&*.*1-&0(:'&?'*'3&C%/%"%*'*('&%:'&#,('*&"(#()%*+6%&;(&#',(&(-&*,(@1%(&)+&-(&)'*%)7'#+3&#+#%&'-*7(-&',& @.-%-.,&-'&#',(&()*(&)1;1)3&;("*,1&#+&'1&%"*(,()1-&#'&'*1"#%&#4"0&/.,&/("%&;(&;+54"*3&!"*,1;4"01:)(3&
;%(,%8&P,1;1-&*,(@1%(&$,+"%*3&0(#%&;,.#1,',('&$,'"(%&()*(&;,%5'&-1%&;,(.#1;',(Q&0(&0%5%"('6'&;4"+& )+&;1"+&!"&;,'#*%#+&)*10%%-(&-.,&:&7+#1*(&!"&);'6%1&:&,(7(,%*.',(&-'&0%7(,%*(-(&.;(,'6%%&2%&*,'*'5("*(&'-(&
)(','3&*,(@1%(&)+&'%@+&!"&/(0(,(&)'*%)7'#(,('&7.'5(%&2%&'&)(*(%8&C',&;,.#1,',('&$,'"(%&).-%#%*+&51"#+3& #.,;1-1%&15'"3&0(F/.-*4"0&')*7(-&#1".2*%"6(-(&.5("%,%%8
'-(,?+*1,+3&@+*'%(&0(&#';8&!"&'7','&)'*%)7'#(,%%&'#()*.,&"(#()%*+6%3&*,1;1-&*,(@1%(&7(,%*&0(&%"*(5;(,%%&2%& H4"0&!"&1,5'&)*10%%-.,3&5(0%#%%&#(,(2*%&'1&'=1") &-'&,(F1-*'*(&".%3&#4"0&):'1&0()+/4,2%*&!"*,:.&
7,%?8&I*1"#%&:&?.'"'&;("*,1&$'%"(3&0',&'#()*('&)(&;,.#1,+&0%,(#*&)'1&%"0%,(#*3&;,%"&@'"%3&.@6%"16%&:*.*& '"15%*+&,'51,+&5(0%#'-+3&;,%5()#&5%)%1"%&0(&;1)&!"&;,'#*%#+&=.)&;(&;+54"*3&/%F%*4"0&@.-"'/%3&5'%&
;,%"&51"#+8&!"&7%"(3&/,(5('&,('3&';+,',('&#."*,'&'*'#1-1%&'"%5'-(-.,&)+-@'*%#(3&');%,'6%'&1"1%&#."7.,*& '-()&!"&);%*'-(&2%&#-%"%#%3&-1#,4"0&0%,(#*&#1&%")*,15("*1-&-.,&:&;81%518/&2%&#1&5(*.0(-(&-.,&;,.;,%%3&;("*,1&
'&0%#*'*&.51-1%&0.,%"6'&#.")*,1%,%%&1"1%&#1%@3&@.,0(%&)'1&#')+8&C',&.@6%"(,('&5'*(,%'-1-1%&0(&#.")*,1#6%(& /%"0(#',('&@.-"'/%-.,&#',(&"1&)1"*&!"#+&0()*%"'6%&)+&;-(#(&0%"&-15('&*,1;(')#+8&I-*(.,%&)1?(,('F+&
2%&#.")*,1%,('&#')(%&#(,&%',+2%&51"#+&)'1&(#$%/'-("*1-&'#()*(%'&:&@'"1-8 5(0%#%-.,&;+54"*1-1%3&-1"%%"4"01:-(&01$1-3&)+&0()#.;(,(&@.'-'&,('-+&'&;'#%("*1-1%3&)'1&!%&!"0,15+&
I2'0',3 & ;("*,1 & )'*%)7'#(,(' & )*,%#*(-., & -1% & "(#()%*+6% & /%*'-(3 & .51-1% & !% & *,(@1%( & #')+33 & $,'"+3& #15&)+&%"*(,/%"+&!"&.;(,'6%'&#$%,1,?%#'-+8
!5@,+#+5%"*(3&;(&#',(&"1&2%&-(&;.'*(&!")12%&0(#4*&51"#%"0&0%"&?,(13&0%"&*%"(,(6(&;4"+&-'&'04"#%& U1-*( & 0()#.;(,%,%3 & *,'*'5("*(3 & 2% & ;(,7(#6%."+,% & ,('-%F'*( & ;( & ;+54"*3 & !" & 5'*(,%( & 0( & ;,.#(0((&
@+*,4"(6%8&P.'*( &'#()*(' &'1& 7.)*& .,4"01%*(&0(&!"6(-(;#%1"('&P'*+-1%&#(,()#3 &;("*,1&#+ &51"#' &()*(& .;(,'*.,%%3&)(&0'*.,()#&)1?()*%%-.,&2%&%"7-1("6(-.,&01$1,%-.,&5(0%#'-(3&#',(&'1&'7-'*&!"&);'6%1&.&".1+&
,1?+#%1"(3&2#.'-+&2%&)#','&;(&#',(&)(&!"'-6+&;1*(,('&0(&!"6(-(?(,(&'&);%,%*1-1%3&#'&)+&/'0+&#4*&5'%& 5(*.0+&0(&'&,('-%F'&.&.;(,'6%(3&;("*,1&/%"0(#',('&1".,&@.-%&%"#1,'@%-(&;4"+&'*1"#%8
0(;',*(&2%&)+&!"6(-('?+&7,151)(6('&2%&'04"#%5('&!"6(-(;#%1"%%&H(-1%&(*(,"8&U1"#'&',(&#'&)#.;&%-15%"',('& H$%5%'&2%&7%F%#'&)*'1&-'&@'F'&(L%)*("6(%&-15%-.,8&I"'*.5%'&2%&7%F%.-.?%'&)1"*&;4,?$%'&(L%)*("6(%&
01$1-1%3&*,'")7.,5',('&);%,%*1-1%&0%"*,:.&)#4"*(%(&'@%'&;4-;4%"0+&!"*,:.&-15%"+&#,('*.',(&0(&-15%&2%& 01$1-1%3&0',&!"&'7',+&0(&'#()*(&*(5(%1,%&'-(&(L%)*("6(-.,&5'*(,%'-(&2%&);%,%*1'-(3&!"&-15('&);'6%%-.,&)(
7%%"6(3&;("*,1&'&0(/("%&#4"0/'&1"&'1L%-%',&'-&P'*+-1%&#(,()#8
C1;+&#(&2%:'&0(F@,+#'*&$'%"'&0(&-1*3&01$1-&)(&!"'-6+&#'&1"&7-1*1,(&!"&);'6%13&1"0(&!2%&;(*,(#(&51-*+&
/,(5(&/%'6'&,('-'3&;(,5'"("*+3&/%'6'&0(&01$&);'6%'-8&I%#%3&01;+&.&;(,%.'0+&0(&.0%$"+3&0(&,(#1-(?(,(3& &B9,(#15&!"&H(,3&'2'&2%&;(&;+54"*E8&!"&d'A18'&@7','-5%"'/&g(,5()&P,%)5(?%)*.)&'7%,5+A&BH(('&#(&(&=.)&()*(&#'&2%&#(('&#(
`%

,(%"*,+&!"&$.,+3&;("*,1&'&51"#%&-'&.;(,'&P'*+-1%&#(,()#8

*
[\ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&C,%7'&#',*( c15(#'*'/&0%'.'&3%&2#14'.%'&51$181% [T

(L(,#%*+ & *.'*(& ;,(.#1;+,%-( & ;+54"*(2*%8 &P.* &#(&(L%)*+ & ;(&;+54"*&' &7.)* &%"%6%'-&,('-%F'*&7-1%0%#3 & !"& a,%#4*&0(&$.*+,4*&2%&0(&*',(&',&7%&1"&01$&;(&/.%"6'&)'3&0'#+&*,(@1%(&)+:2%&7'#+&1"&*,1;&"(*,(@"%#3&!"&
);'6%13&2%&';.%&#,('*&;(&;+54"*3&#1&5'*(,%'&7%F%#+&'&;+54"*1-1%8 /(0(,('&!5;-%"%,%%&1"1%&0()*%"&5%F(,'@%-3&!%&/%"(&?,(1&)+:2%&#.")*,1%')#+&1"&*,1;&1,4*3&#.#.2'*3&1"&
U(0%#%"'3&#$%5%'&2%&7%F%#'&)*'1&-'&@'F'&#1".2*%"6(-.,&)'/'"6%-.,&#',(&7'#&0()*,1;',('&)'1&!"*,1;',('& )%)*(5&"(,/.)&#("*,'-&%0%.*&)'1&'-*(&.,?'"(&5%F(,'@%-&'-#+*1%*(8&C%"&'#()*&5.*%/&C%/%"%*'*('&'&.,4"01%*&
);%,%*1-1%&15'"8&I"15%*(&("*%*+6%&:&;(,7(#*&#1".)#+*.',(&'-(&7-1%0(-.,3&'&#.5;.F%6%(%&2%&#.5@%"'6%%-.,& #'&'-6%%&)+&#."-1#,(F(&-'&.,4"01%,('&#(-1-(-.,3&-'&7.,5',('&6()1*1,%-.,&2%&'?-.5(,',('&-.,&!"&.,?'"(8
-.,&:&)1"*&0()(5"'*(&)+&')%)*(&);%,%*(-(&!"*,1;'*(&!"&5.5("*1-&(-%@(,+,%%&-.,&0%"&-1*1-&1"0(&'1&*,+%*3& !"*,1;',('&()*(&.&.;(,+&5'%&#.5;-(L+&2%&5'%&0%7%#%-+&0(#4*&0()*,1;',('3&2%&"15'%&2*%%"6'&)'/'"6%-.,&
!"-()"%"0&0();,%"0(,('&7-1%0(-.,&#.,;1-1%&-.,&;(,%);%,%*1'-&0(&#.,;1-&7%F%#8 5(0%#%&!"*,1;+*.,%&;.'*(&;,(?+*%&#')'3&*(5"%6'&!"&#',(&@%(*1-&01$&)(&/'&#.@.,!&;("*,1&!5;-%"%,('&
K(&2*%(&#+&);%,%*1-&()*(&!"*,:.&-(?+*1,+&%"*%5+&#1&#+5+2%-(&)'1&!"/(-%21,%-(&)'-(8&I#(('2%&;1*(,"%#+& 0()*%"1-1%&)+18&G'&*%5;1-&)+13&/.5&/(0('&#(&.;(,+&#.5;-(L+&(L(#1*+&'#(2*%&5'(2*,%&!"*,1;+*.,%&0(&
#.(F%1"(& (L%)*+ & !"*,( &'#()*( & !"/(-%21,%& 2%&*,1;8&H.,;1- &;-'"(*',&()*( & 1"%*& #1 &#.,;1-&/%*'-3& ' &#+,1%& 01$1,%&15'"(8
7%,%2.',(&(*(,%#(&;+*,1"0&;,%"*,(&6()1*1,%-(&2%&#(-1-(-(&*,1;1-1%3&-(?4"01:)(&#1&;,.*.;-')5'&7%(#+,(%& H1&'#(')*+&.#'F%(&*,(@1%(&'5%"*%*+&2%&!"*,1;',('&01$1-1%&/(?(*'-&2%&'"%5'-8&H4"0&!5;,(=1,+,%-(&'1&
#(-1-(8&C1;+&#15&*,1"#$%1-&1"1%&#.;'#&)(&,'5%7%#+&!"&,'51,%&0%"&#(&!"&#(&5'%&7%"(3&;4"+&-'&#(-(&0%"& 0(/("%*&%5;.)%@%-(&/%(6%%&;-'"*(%3&)'1&#4"0&#%#-1-&/%(6%%&)'-(&):'&*(,5%"'*3&-'&0()*,1;',('&)'&')%)*+&2%&
1,5+&,'51,%&#',(&;.',*+&.&7,1"F+3&*.*&')*7(-&#.,;1-&/%*'-&2%&;-'"(*',&)(&,'5%7%#+&7.,54"0&)#$(-(*1-& '=1*+&'"15%*(&01$1,%&15'"(8&C1$1-&/(?(*'-&!")+&"1&',(&.&2(0(,(&0(&-1"?+&01,'*+&!"&);'6%13&(-&7%%"0&
(*(,%#&'-&6()1*1,%-.,&*,1;1-1%3&*(,5%"'6%%-(&-.,&'/4"0&#4*(&1"&7%,&!"7%;*&!"&#("*,1-&#(-1-(%8&!"/(-%21,%-(& #1,4"0&'*,')&!"*,:1"&".1&#%#-1&0(&/%'6+3&!"*,:.&".1+&)+54"6+3&;(&#'-(&0(&0(F/.-*',(&!"*,:1"&(5@,%."3&
7-1%0%#(&;-'"(*',(&2%&/%*'-(&)1"*&-(?'*(&!"*,(&(-(&;,%"*,:.&6()+*1,+&%"*%5+3&0',&)1"*&-(?'*(&2%&#1&#(-1-(-(& )'1&;1%&0(&;-'"*+8&G'&7(-&)(&!"*45;-+&2%&#1&'"%5'-1-3&#',(&:&')(5("('&;-'"*(%&2%&.51-1%&:&()*(&')%)*'*&
*,1;1-1%3&2%&#1&;(,%);%,%*1-3&#',(&-'&,4"01-&)+1&()*(&-(?'*&#1&)#4"*(%'&0%/%"+&)'1&);%,%*1-3&*.'*(&'#()*(& !"&5.5("*1-&5.,6%%&)'-(&0(&1"&01$&15'"3&);(#%'-%F'*&!"&'#()*&)#.;8&C(&')(5("('3&01;+&7(#1"0',('&
#.,;1,%&7.,54"0&!5;,(1"+&1"&*.*&1"%*',&"15%*&.58&G'&5.5("*1-&$.*+,4*&:&5.',*('&*,1;(')#+&:'#(')*+& 7(5(-(%3&';',(&01$1-&15'"3&#',(&)1@&.#,.*%,('&2%&;,(?+*%,('&"(#()',+3&!"-()"(2*(&!"*,1;',('&01$1-1%&
-(?+*1,+ & )*,4")+ & 2% & %"*%5+ & *,(@1%( & ,1;*+8 & C1$1-3 & ;( & #'-( & 0( & ;-(#',(3 & #'0( & !"*,:1" & 7(- & 0( & /%)3 & 0(& '"%5'-&!"&;4"*(#(-(&7(5(-(%&);(#%(%&)'-(8
)-+@%#%1"(3 & 0( & %"#."2*%("6+8 & S- & ()*( & %"#';'@%- & )+ & 0();,%"0+ & 5%-%',0(-( & 0( & 7%,( & #',( & -('?+ & #.,;1-& &''''''4))))))D*
;-'"(*',&0(&#(-1-(-(&#.,;1-1%&7%F%#8
I/4"0 & !" & /(0(,( & #+ & .51- & "1 & ;.'*( & (L(#1*' & '#(')*+ & .;(,'6%( & ')1;,' & -1% & !")12%3 & H(,1- & : & 0%"&
(L;(,%("6'&5%-%',0(-.,&0(&/('#1,%&:&'&;,(/+F1*&'=1*.,1-&1".,&("*%*+6%&);(#%'-(3&"15%*(&7(5%#%&#(,(3*%& K(,%'&);(#%'-%2*%-.,&#(,(2*%&()*(&"()74,2%*+3&#'&2%&'&#(-.,&;+54"*(2*%8&R'*+&1"&7';*&"(2*%1*&"%#%&#$%',&
)'1&5()*,14+*2,%/&#',(&#1&(L;(,%("6'&-.,3&#1&7.,6(-(&0(&#',(&0%);1"&#.,;1,%-(&-.,&7-1%0%#(3&0()7'#&,4"0& 0(&)-1=%*.,%%&@%)(,%#%%&#,(2*%"(8&!"&'-*',1-&7%(#+,(%&@%)(,%#%&)(&'7-+&2')(&("*%*+6%&);%,%*1'-(&'-@(&:&*,(%&-'&
;(&,4"0&*.'*(&7%,(-(&(*(,%#(&#',(&/%/%7%#+&#(-1-(-(&*,1;1-1%8&I#(')*+&.;(,'6%(&)(&7'#(&)1@*%-&2%&*,(;*'*3&#1& 0,(';*'&2%&*,(%&-'&)*4"?'&5()(%&)7%"*(&:&'/4"0&7.,6(&.;1)(&2%&'#6%."4"0&!"&)(")&#."*,',8&!"&5.5("*1-&
51-*&!"'%"*(&0(&F%1'&1-*%51-1%&)1);%"8&9(&5+)1,'&,1;(,%%&'#()*.,&7%,(3&*,1;1-&)-+@(2*(3&;1*(,%-(&/%*'-(&)(& #4"0&;,(.*1-&!"?("1"#$('F+&2%&%"/.#+&$',1-&0%/%"3&;("*,1&)7%"6%,('&/%"1-1%&2%&'"'7.,(%&0%"&;.*%,3&)(&
,(01#&2%&.51-&)(&*.;(2*(&;(&;%#%.',(8&H."#.5%*("*&#1&'#(')*+&0()7'#(,(3&;(,%);%,%*1-&01$1-1%&;+,+)(2*(& ,.'?+&2%&#(-(&0.1+&#'*(?.,%%&0(&7.,6(&*,(%5%#(3&'*,+?4"0&0%"&);'6%13&0%"&5',(-(&#1,("*&#.)5%#&#(&
#.,;1-&7%F%#8&I2'0',3&;,.#()1-&5.,6%%&"1&)(&5+,?%"(2*(&-'&#(-(&#4*(/'&.,(&0(&'?."%(3&#%&(-&;.'*(&!"#(;(& !"#."=.',+&;-'"(*'&".')*,+3&1"&7%,&7-1%0%#3&.&,'F+&;(&#',(&.&0%,%=('F+&#+*,(&;.*%,3&1"0(&)(&#.5@%"+&
#1&F%-(3&)+;*+54"%&2%&#$%',&#1&-1"%&!"'%"*(8&H$%',&0'#+&.#$%%&'1&0(/("%*&)*%#-.2%3&*,1;1-&):'&,+#%*&2%& ;,.71"0&#1&/%"1-&2%&'"'7.,'3&04"01:-(&0%"&'#()*&5.5("*&!")12%,%&0%/%"(8&H15%"(#+*1,'&/'&7%&'#15&.&
!"6(;("%*3&;,.#()1-&5.,6%%&#."*%"1+&!"#+&51-*+&/,(5(8&K;%,%*1-&2%:'&;+,+)%*&#.,;1-&7%F%#3&2%&*.*12%&/%'6'& $,'"+&)74"*+&;("*,1&)17-(*1-&#1,'*&2%&)5(,%*3&.,%&1"&7.#&0%)*,1?+*.,&;("*,1&#(-&54"0,1&2%&%5;1,3&#',(3&
'#()*1%'3&'&#(-1-(-.,&#(:<&#.5;1"3&01,('F+&!"#+&51-*+&/,(5(3&#$%',&01;+&#(&'&7.)*&;+,+)%*&0(&)*+;4"1-& ;,%"&/%'6'&)'&;+#+*.')+&2%&*,1;1-&)+1&;4"?+,%*3&'&!"0,+F"%*&)+&)(&'*%"?+&0(&'#(')*+&,'F+&0%/%"+3&*,1;&0%"&
)'1&#4,5'#%1-&)+18&!"*,:'0(/+,3&7%(#',(&#(-1-+&()*(&'#*%/'*+&!"&71"#6%%-(&)'-(&0(&#+*,(&#.,;1-&/%*'-3&0',& *,1;1-&P'*+-1%3&o%1-1%&2%&K74"*1-1%&C1$8
#1&.#'F%'&5.,6%%3&01$1-&)(&0();',*(&0(&#.,;1-&)+1&/%*'-8&G'&,4"01-&)+13&#.,;1-&/%*'-3&?,'6%(&(01#'6%(%& P.*&!"&-(?+*1,+&#1&-+#'21-&0(&!"+-6',(&'-&?4"01-1%&2%&)("*%5("*1-1%&#+*,(&H(-&I*.*;1*(,"%#3&/+&7'#&
0(&.&/%'6+&!"*,('?+&2%&'&5(5.,%(%&)'-(&:&')%?1,'*+&0(&%"(,6%'&5%#%-.,&/%(*+6%3&#.,;1,%&1-*,'5%#,.)#.;%#(3& #1".)#1*&#+3&.&0'*+&#1&*4,".)%,('&1"(%&@%)(,%#%3&)(&0()(5"('F+&0%"&);'6%1&1"&01$&'-@3&0%"&#('*'&
0%"&#',(&()*(&'-#+*1%*&:&#."*%"1+&)+&;.5;(F(&0%"&5(0%1-&!"#."=1,+*.,&(*(,1-&/%*'-&#1&#',(&$,+"(2*(& ;,(.6%-.,&2%&#+-1?+,%-.,&#(,(2*%3&#',(&/'&'/('&)1@&;,.*(#6%'&)':'#(-&-+#'23&!"#$%"'*&1"1%&5',*%,3&#1/%.)&
;,.*.;-')5'&#(-1-(%8&I)*7(-& )( &(L;-%#+ &#,(2*(,('& !"& #."*%"1',(& '&;+,1-1%3& '& 1"?$%%-., & 2%& 5%2#',('& )'1&)74"*8
5%#(-%%-.,&0%"&;,.*.;-')5'8 J1&0.,()#&)+&(L*%"0&;,('&51-*&'#(')*+&;','"*(F+3&0',&)(&#(,(&;.5("%*&1,5+*.,1-&7';*8&!"&7%(#',(&
K+&"1&;%(,0(5&0%"&/(0(,(&#+3&!"&0(7%"%*%/3&'-%5("*(-(&#1&#',(&)(&$,+"(2*(&.,%#(&.5&)1"*&6()1*1,%& 015%"%#+&)'1&)+,@+*.',(&,(-%?%.')+3&!"&'7','&;,(.*1-1%&*(,()*,1&'-&)74"*1-1%&-+#'23&5'%&.7%#%'F+&2%&1"&
7.,5'*(&0%"&#(-1-(3&'#()*('&-'&,4"01-&-.,&)1"*&'-#+*1%*(&0%"&5.-(#1-(3&7.,5'*(&0%"&'*.5%3&%',&'*.5%%&'1& 01$&)1;(,%.,3&6%"4"0&-.#1-&01$1-1%&#(&',(&)1@&;'*,."',(&'#(-&-+#'28&H4"0&;,(.*1-&.7%#%'F+&=.)&;,%"*,(&
;,./("%*&0%"&.,?'"%F',('&;,.*."%-.,&2%&(-(#*,."%-.,3&#',(&)1"*&;',*%#1-(&(*(,%#(8&U'*(,%'&7%F%#+&).-%0+3& .'5("%&*,1;(2*%3&;,(.*1-&#(,()#&.7%#%'F+&!"&);'6%1-&@%)(,%#%%3&')%)*'*&0(&01$1,%&15'"(&2%&'#.5;'"%'*&0(&
-%#$%0+&)'1&?'F.')+&()*(&(*(,&#."0(")'*3&("(,?%(&#."0(")'*+8&I2'0',&'&*(&$,+"%&(*(,%#&()*(&*.*&1"'&#1&'& #.,1-&);'6%'-8
*(&$,+"%&#1&1"&'-%5("*&).-%0&)'1&-%#$%0&:&7.,5'*&0%"&*.*'-%*'*('&1"%*',+&'&;',*%#1-(-.,&(*(,%#(&:&#',(&!"& ) $ $ $
%"*%5%*'*('&*,1;1-1%&)(&0()7'#(&!"&;+,6%-(&-1%&#.5;."("*(8&K+&"1&1%*+5&#+&2%&("*%*+6%-(&);%,%*1'-(&)(&
$,+"()#3&!2%&,(;',+&#.,;1-3&;(,%);%,%*1-3&#1&(*(,&#.,();1"F+*.,&0%"&);'6%18 !"&;,%5(-(&dq&0(&F%-(&01;+&0()*,1;',(3&01$1-&/+F4"0&01,(,('&#(-.,&0,'?%&;(&#',(&%:'&-+)'*&;(
9,%"&1,5',(&:&!"&H(,3&1"(-(&("*%*+6%&);%,%*1'-(&'1&,.-1-&0(&')%)*("6%&-'&#+;+*4%1-&.51-1%&*,1;()#3& ;+54"*3&#.@.',+&-4"?+&(%&2%&!%&!"#."=.',+&#1&7-1%0(-(&)'-(3&;("*,1&':%&-%"%2*%&2%&,()*'@%-%&.',(#15
;("*,1&':<&'=1*'3&;,%"&2*%%"6'&-.,3&)+&;+,+)(')#+&-1*1-&!"&#',(&'&7.)*&'"%&0(&F%-(&!"*,1;'*8&H15&.'5("%& ',5."%'&7-1%0%#+&'&/%@,'6%%-.,&(*(,%#(&'-(&#.,;1,%-.,&'#()*.,'8&J.';*('3&!"&*%5;&#(&0.,5&*,1;1,%-(
*,1;(2*% & )1"* & #1& 5%-%',0(-( & 2% & #15 & (% & 5., & ;( & ,4"03& )( & !"6(-(?( & #+ & H(,1,%-( & )1"* & ;-%"( & 0(& '#(2*%& #(-.,&0,'?%3&)(&!"*4-"()#&:&01$&#1&01$&:&2%&!%&7'#(&'*("6%&)+&"1&5'%&;-4"?+3&)+&"1&5'%&7%(&0%);(,'6%3
);(#%'-%2*%3&#',(&)(&0()+/4,2()#&;(&5+)1,'&(L(,#%6%1-1%&5%)%1"%%&-.,3&')(5("('&5(0%#%-.,&*(,(2*,%8 ;("*,1&#+&(-&*,+%(2*(8&G'&0(2*(;*',(3&!"*,1;'*1-&1%*+&0(&!"*4-"%,('&2%&0%'-.?1-&'/1*&!"&0(#1,)1-&".;6%%
C'#+& (L%)*+&5(0%#%&0()*,1;+*.,%3&#',(&(L(#1*+&(-%@(,',('&("*%*+6%%&);%,%*1'-(&0%"&#',';'#('& )'& #1&#(-&0,'?&;-(#'*&0%"&)7(,'&7%F%#+8&I-*(.,%3&);%,%*1-&0()*,1;'*&#,(('F+&0(#.,1,%&7-1%0%#(&2%&%'&7.,5'
#',"'-+3&!")('5"+&#+&(L%)*+&2% &7(5%#%&!"*,14+*2,%/ &#',(&!"&71"#6%(&0(&?,'01-&(/.-1*%/&'-&("*%*+6%%&#(& 15'"+3&')(5+"+*.',(&7.,5(%&0%"&1-*%5'&)'&/%'6+&*(,()*,+8&H(-(&0.1+&01$1,%3&#(-&!"*,1;'*&:&'-&#+,1%
#.@.',+&!"&-1*1-&/%(6%%&*(,()*,(3&!-&')%)*+3&5'%&51-*&)'1&5'%&;16%"3&!"&;,.#()1-&0(&!"*,1;',(8 7,1;&0.',5(&:&2%&#(-&0()*,1;'*&)(&!"*4-"()#&!"&'#()*&0(#.,&',*%7%#%'-3&/.,@()#&2%&!2%&0(';+"+&'5%"*%,%-(
H4"0&1"1%&01$&%:'&).)%*&*%5;1-&)+&;+,+)(')#+&"%/(-(-(&)7(,(-.,&)'-(&7-1%0%#(&2%&)'&#.@.',(&-'& #.51"(8 & T"(.,% & %5;,()%' & 0(#.,1-1%3 & 7.,5' & #$%;1-1% & 2% & 0%'-.?1- & )( & %5;,%5+ & '*4* & 0( & ;1*(,"%# & !"
!"*,1;',(3&(-&#'0(&*,(;*'*&!"*,:.&).5".-("6+8&I#(')*+3&)*',(&()*(&;,./.#'*+&0(&'"15%*(&01$1,%&)1;(,%.',(3& );%,%*1-&.51-1%&*,1;()#3&%',&0(&'%#%&;(&#.,*(L1-&)+13&!"#4*&-'&0(2*(;*',(&!2%&'5%"*(2*(&0(&#(-&0,'?&#',(
;(&#',(&01$1-&#'"0%0'*&-'&!"*,1;',(&"1&-(&/(0(3&7%%"0&5'%&(/.-1'*(&0(#4*&(-3&2%&0(#%&'1&1"&#.,;&5'%& '
&;+,+)%*&-15('&*(,()*,+8 =
)1@*%-3&7.,5'*&0%"&7-1%0(&5'%&7%"(8&G(?('&#(,(')#+&)1"+&')*7(-A&>1$18&%";(,%2,&"1&0(5(&"%#%25'*+&4( & C1;+ &*,(#(,('& '#()*(%&;(,%.'0(&: &'#.,0'*+&);%,%*1-1%& 0()*,1;'*&;("*,1&':%& -%"%2*%&;(&%1@%6%%&)+%&
#(8&)14(,%2,9&C1$1-&)1;(,%.,&!-&5'?"(*%F('F+3&!-&'0.',5(&!"*,1#4*/'3&;("*,1&':%&)1;,%5'&.&;',*(&0%"&
#."2*%%"6+&2%&/.%"6+8&!"&'#(')*+&)*',(&01$1-&',(&.&#."2*%%"6+&/'?+3&'10(&2%&/(0(&!"*,:.&.',(#',(&5+)1,+3& !"01,(,'6%3&(-&)(&,%0%#+&!"&);'6%13&;("*,1&'&%&)(&!"#,(0%"6'&.&'"15%*+&5%)%1"(&)'1&.#1;'6%(8&P.*12%3&0%"&
#
0',&":',(&#-',%*'*(&!"&!"6(-(?(,('&7(".5("(-.,&#(&'1&-.#&!"&=1,1-&)+18&!"&#."0%6%%-(&'#()*('&01$1-&"1& 4"0&!"&#4"03&(-&/'&,(/("%3&/%F%*4"0&;(&#(%&0,'?%3&04"01:-(&#4*(&1"&/%)3&0',&!2%&/'&/%F%*'&2%&5.,54"*1-3&
()*(&#';'@%-&)+&-1#,(F(&:&!"&;-("%*10%"('&#."2*%%"6(%&2%&'&2*%%"6(%&)'-(&:&-'&#.")*,1%,('&/%%*.,1-1%&)+1& -.#1-&1"0(&'&7.)*&0(;1)&/(254"*1-&)+1&0(&;+54"*8&P%5;&0(&2';*(&'"%3&01$1-&%"7(,%.,&#.@.',+&5(,(1&
*,1;8&C(&'#(('&:&!"&71"#6%(&0(&?,'01-&#(-1%&#',(&)(&!"*,1;('F+&:&H(,1-&0()(5"('F+&1"1-&)'1&5'%&51-6%& -'&)1;,'7'6'&;+54"*1-1%3&2%&;,%/%"0&;,%"&)*,'*1-&0(&;+54"*&0(&0(')1;,'&#'0'/,1-1%3&/(0(&#'&;,%"&?('5&
5(0%#%&!"*,1;+*.,%3&#',(&!"&0(;-%"+*'*('&#."2*%%"6(%&2%&'&2*%%"6(%&;.)(0'*(3&(L(#1*+&.;(,'&-.,&!"&;+,6%-(& )*',('&0(&0()#.5;1"(,(&!"&#',(&)(&?+)(2*(&'0.,'*1-&)+1&*,1;8&S-&;.'*(&%"*,'&#1&121,%"6+&!"&5.,54"*3&
$.*+,4*.',(&'-(&*,1;1-1%3&;.*,%/%*&#1&0()*%"1-&".1-1%&!"*,1;'*8 9("*,1&'&(L'5%"'&5'%&0(&';,.';(&0()*,+5',('&/($%#.-1!1%&)+1&.5("()#8&P.'*(&'#()*(&/%F%*(&2%
\_ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&C,%7'&#',*( c15(#'*'/&0%'.'&3%&2#14'.%'&51$181% \U

'"'-%F(&'1&)#.;1-&0(&'&%&)(&7'#(&.&(01#'6%(3&0(&'&%&)(&!"*%;+,%&'04"#&!"&);%,%*&#+&(-&"1&'&7.)*&*,1;1-3&#%& 5'%&0(;',*(8&H4"0&/.,&(L%)*'&5'%&51-6%&#-',/+F+*.,%3&15'"%*'*('&*,1;(')#+&/'&'7-'&2%&/'&!"6(-(?(&#4*&
*,1;1-&%:'&7.)*&0'*&#'&1"&%")*,15("*&!"&-15('&7%F%#+3&1"&!"/(-%2&2%&1"&/($%#.-&;,%"&#',(&'&!"/+6'*3&'& 0(&%"*%5&()*(&-(?'*+&-15('&0(&=.)&#1&#('&0(&)1)3&-15('&*,1;(')#+&#1&#('&);%,%*1'-+8&S)*(Z&7%,()#&)+&7%(&
-1#,'*&2%&):'&0(;-')'*8 '2'3&;("*,1&#+&*,'%1-&1"(%'&(&#."*%"1',('&#(-(%-'-*(3&#(%&0(&=.)&7%%"0&!"*,1;',('&#(-.,&0(&)1)3&%',&#(%&0(&
I#()*(&/%F%*(&)1"*&0(*(,5%"'*(&0(&0.1+&#'1F(A )1)&7%%"0&01$1,%-(&(-%@(,'*(&0%"&*(5"%6'&5'*(,%(%&7%F%#(8
<87';*1-&#+&!"*,(&01$&2%&7.)*1-&)+1&*,1;&(L%)*+&!"#+&.&;1*(,"%#+&'*,'#6%(&5'?"(*%#+3&;,./.#'*+&0(&
$ $ $
(*(,1-&5%"(,'-&'*'2'*& 0(& 5'*(,%'& #',"'-+&)'1& 5%"(,'-+&'&*,1;1-1%3&(*(, &#',(&(L(,#%*+& .& '*,'#6%(&
%,(F%)*%@%-+&);,(&-.#1-&1"0(&'&7.)*&0(;1)&*,1;1-Q
V8%"7-1("6'&(L(,#%*'*+&0(&("*%*'*('&);%,%*1'-+&%"/()*%*+&#1&,.-1-&0(&?$%0&')1;,'&;1;%-1-1%&)+13&01$1-& 9,%"*,(&"15(,.')(-(&.#1;'6%%&2%&);(#%'-%F+,%&#(,(2*%&.@6%"1*(&0(&5',%-(&-15%"%3&01$1,%-(&'-@(3&;,%"&
%"7(,%.,&7%%"0&-1'*3&/,4"0:"(/,4"03&0(&?$%01-&)+1&2%&01)&-'&#%5%*%,3&#'&)+&/'0+&#15&.,?'"(-(3& ,'"?1-&-'&#',(&'1&'=1")3&-%&)(&%5;1"(&2%&*,(#(,('&;,%"&2#.'-'&#,('6%(%3&;("*,1&':2%&!")12%&2*%%"6'&#,(+,%%&
6()1*1,%-(&2%&#(-1-(-(&7.)*1-1%&)+1&*,1;&:&0(F/.-*'*&!"&0(#1,)1-&/%(6%%&)'-(&*,1;(2*%&0%"&'-%5("*(& 7.,5(-.,&0(&0%7(,%*(&/%(61%*.',(A&5%"(,'-(3&/(?(*'-(&2%&'"%5'-(8&R',&#(%&5'%&(/.-1'6%&'%&-15%%&);%,%*1'-(&
'"%5'-(&)'1&/(?(*'-(3&#,()#1*(&0%"&5'*(,%'&;+54"*1-1%&:&*,(#&;,%"*,:1"&;,.#()&0(&0()#.5;1"(,(3& '-@(e!"/'6+&2%&#,(',('&*,1;1,%-.,&15'"(8
;,(7+#4"01:)(&!"&;+54"*8 !"&F."(-(&)1;(,%.',(&'-(&9+54"*1-1%&2%&!"&);(#%'-&!"&=1,1-&G1"%%3&01$1,%-(&'"?(-%#(&','*+&("*%*+6%-.,&
H1&'#(')*+&.#'F%(&,('5%"*()#&#+&!"&?("(,'-&5'=.,%*'*('&.'5("%-.,&)*'1&!"&;,%5(-(&F%-(&!"&=1,1-& );%,%*1'-(&'-@(&#15&)(&;.'*(&7'#(&0%"*,:1"&7-1%0&.&;%'*,+3&1"&5%"(,'-&.',(#',(8&p%"(!"6(-()3&#4"0&()*(&
#'0'/,1-1%&-.,3&/+0&2%&'10&*.'*(&;,(?+*%,%-(&;("*,1&!"5.,54"*',('&7.)*1-1%&-.,&*,1;&2%&%'1&#1".2*%"6+&0(& /.,@'&#'&'#()*&#.,;&7-1%0%#&)+&7%(&*,'01)&#$%',&!"*,:1"&5%"(,'-&;+54"*()#3&#.@.',+&);,(&)1;,'7'6'&
@1#1,%' & 5.2*("%*.,%-., &2% &0( &)%"#(,%*'*(' & #(-., & #( & #1 & '0(/+,'* &%:'1 &%1@%*8 &I#()*( & 01$1,% & ')%)*+ & -'& ;+54"*1-1%3 & 1"0( & ?+)()# & 7-1%01- & #(- & 5'% & #."#("*,'*3 & #1 & '=1*.,1- & #+,1%' & %'# & 7.,5' & #,%)*'-%"+ & )'1&
;,.$.01-&;,(.6%-.,3&1,5+,()#&#',1-&5.,*1',&2%&;,%/()#&)#("'&!"$15+,%%&*,1;1-1%&-.,8&H%*()#&!"&%"%5%-(& '5.,7+&'&'#(-1%&5%"(,'-8
;,%(*("%-.,&2%&,10(-.,3&)%"#(,%*'*('&)'1&%;.#,%F%'3&#1".)#4"0&'#153&-'&#(')1-&#(-&5',(3&)("*%5("*(-(& !"?(,%&0(&1"&?,'0&)1;(,%.,&','*+&01$1,%-.,:(-(/%&2%&!%&;1"&)+&(L(#1*(&#.,;1,%-(&0%7(,%*(-.,&;-'"*(3&
#(-(& 5'%&'04"#%&'-(&#(-.,&0%"&5(0%1-&1"0(&'1&*,+%*8&a5&;(&.5&)(& ;.'*(&!"2(-'3& 0',&.5&;(&01$& !"&'"15%*(&*%5;1,%&2%&-.#1,%&0(&;(&;+54"*&:&!"&7'6'&1"1%&"15+,&,()*,4")&0(&.'5("%&'-(2%3&?+)%6%&
"%#%.0'*+3&;("*,1&#+&(-&/(0(3&'10(&2%&)%5*(&?4"01,%-(&2%&)("*%5("*(-(&.,%#+,1%&.5&#1&#',(&/%"(&!"& /,(0"%#%&)+&')%)*(&-'&'#()*(&(L;(,%("6(&:&01$1,%-(&'"?(-%#(&)'1&(-(/%%&-.,&7'#&!"&2(0%"6(-(&0(&5'*(,%'-%F',(&
#."*'#*3&#%*%"01:-(&#'&!"*,:.&#',*(&0()#$%)+8 .&;-'"*+&*(,()*,+3&#',(&%5(0%'*&01;+&*(,5%"',('&(L;(,%("6(%&*,(@1%(&0(5'*(,%'-%F'*+&!"&7-1%01-&0%"&#',(&
'&7.)*&'-#+*1%*+8&C(&'#(')*+&(L;(,%("6+&;,.7%*+&5%%&0(&01$1,%&'-@(3&#',(&'1&')%)*'*&"(/+F1*(&-'&'#()*(&
$ $ $ !"'-*(&)*10%%&0(&#,('6%(8
a&'-*+&#'*(?.,%(&0(&!"?(,%&','*+&#(-.,&'=1"2%&-'&.&'"15%*+&*,(';*+&(/.-1*%/+3&#15&)(&;,.#(0('F+&:&
C1;+&#(&):'&0()*,1;'*&2%&'&0(/("%*&-%@(,3&0%);1"4"0&0(&;.)%@%-%*'*('&0(&'&)(&5%2#'&-'&/%*(F(&5',%& ;,%"&#."#("*,',('&7-1%0(-.,&:&-'&#,(',('&1"1%&'"%5'-8&I)%)*("6%%&/+03&!"/'6+&2%&';.%&#,(('F+&2%&(% &1"&
;,%"&);'6%13&!"&5.5("*(-(&-%@(,(&2%&#1&'#.,01-&)1;(,%.,%-.,&)+%3&01$1-&;.,"(2*(&!"&#+-+*.,%%&0(&)*10%%& *,1;&'"%5'-3&;,%"&#."#("*,',('&7-1%0(-.,8&!"&1"(-(&.#'F%%3&7.',*(&,',(3&!"&#(,#1,%-(&!"'-*(&0(&,(/(-'6%(&'1&
*(,()*,(8 & H4* & ' &7.)*& .5& *,1;()#3& *%5;1-&: & 0',& 5'% &'-() & 5%=-.'#(-( &5'*(,%'-( & : & "1&%:'1 & ;(,5%)& )+& 7.)*&,('-%F'*(&5'*(,%'-%F+,%&0(&'"%5'-(3&@%"(!"6(-()&#1&)#.;&;1,&0(5.")*,'*%/&2%&%")*,1#*%/8&!"&'#()*(&
#+-+*.,(')#+8&I#15&"1&5'%&',(&"(/.%(&0(&@'"%3&/%F(3&;'2';.,*3&/';.,&)'1&$.*(-8&S)*(&)17%#%("*&)+&/,('3& -'@.,'*.',(&);%,%*1'-(3&01$1,%-(&'-@(&'1&,('-%F'*&0%"&7-1%0(-(&'/1*(&-'&0%);.F%6%(&:&-1'*(&0%"&);'6%13&0(&
)+&)(&?4"0(')#+&-'&-.#1-&0.,%*&2%&)(&!"0,(';*+&);,(&(-&#'&1"&?-."68&H+-+*.,%"03&;,%/(2*(&#45;%%-(3& -'&5(0%15&2%&0(&-'&')%)*("6%&:&.&7.,5+3&1"&*%;',&!"&#',(&'&7.)*&%"*,.01)&1"&01$&0(&'"%5'-8
0('-1,%-(3&51"6%%3&)'*(-(&2%&.,'2(-(8&K(&;-%5@+&;(&)*,+F%-(&.,'2(-.,3&/%F%*('F+&51F((3&%")*%*16%%&#1-*1,'-(3& !"&7%"(3&01$1,%-(&0(&;(&1-*%5(-(&*,(;*(&'-(&(/.-16%(%&*(,()*,(&)1"*&%")*,1%*(3&-'&1"&5.5("*&0'*3&0(&
-.#'-1,%&0(&0%)*,'#6%(3&')%)*+&-'&);(#*'#.-(&0(&*('*,13&#."7(,%"6(&2%&')*7(-&!2%&7'#(&(01#'6%'&)17-(*1-1%3& 5.01-&#15&)(&'-#+*1%(2*(&1"&*,1;&15'"8&U'*(,%'-%F+,%&15'"(3&'%0.5'&1"1%&.5&/%13&)(&7'#&;(&;+54"*&
/+F4"03&#1".)#4"0&2%&!"6(-(?4"0&2%&'-*(&#1-*1,%3&'-*(&7.,5(&0(&/%'6+&15'"+3&0(#4*&#('&#1".)#1*+&!"& !"&#(,#1,%-(&0(&,(/(-'6%(3&1"0(&.51-&*,1;()#&#.51"%#+&#1&H(,1-3&#1&5',%&G15%"%&#(,(2*%&#',(&)(&
5(0%1-&)+1&"'*'-8&T"(.,%&/%F%*('F+&-'@.,'*.',(&2%&')%)*+&-'&(L;(,%("6(-(&)'/'"6%-.,8&!"&7%"(3&/%F%*('F+& ,(/(-('F+3&#.@.,4"0&R1@%,('&2%&I0(/+,1-&;(&;+54"*8&S)*(&.;(,'&#('&5'%&?,'"0%.')+&-'&#',(&;.'*(&7%&
5',%-(&@%@-%.*(#%&1"0(&F%-(&2%&'"%&-'&,4"0&1,5+,(2*(&'"15%*(&#+,6%&2%&)1@%(#*(3&#%*%"01:-(&;'?%"+&#1& 5',*.,&1"&.53&2%&'"15(&)+&')%)*(&-'&#,(',('&1"1%&*,1;&0(&.53:&'"%5'*&0(&1"&01$&15'"3&#1".)#1*&)'1&
;'?%"+3&#',*('&,+54"4"0&"(0()#$%)+&!"&,'7*8 "(#1".)#1*&!"&'#(-&#(,#8&I)(5("('&0(5.")*,'6%%&)1"*&;,(F("*'*(&"15'%&.'5("%-.,&#',(&2%:'1&!")12%*&
!"&'7',+&0(&;1@-%#1-&*,1;()#&#(&15;-(&)+-%-(&'*("((-.,3&'57%*('*,(-(&#."7(,%"6(-.,&-%*(,',(&)'1& *(.,%'&2%&*,(@1%(&)+&;1"+&!"&;,'#*%#+&#(-(&!"/+6'*(&0(&-'&;,.7().,%%&-.,&!"?(,%8
2*%%"6%7%#(3&)(&5'%&'7-+&!"&'*5.)7(,'&)+-%%&)1*(&2%&5%%&0(&'10%*.,%&"(/+F16%3&01$1,%3&#',(&')(5("('& H15&01$1,%-(&#,('*.',(&)1"*&,',(&2%&#15&#(%&#',(&5(,%*+&)+&')%)*(&-'&')(5("('&5'"%7()*+,%&)1"*&2%&
!"*"%;'*%-.,3&).,@&#1&"()'6&#(-(&,(/(-'*(3&(L;1)(&)'1&%"*(,;,(*'*(&#1&'#(')*+&.#'F%(8&I2'0',&.51-&01$& (%&;16%"%3&)(&!"6(-(?(&0(&#(&5(0%15%%&0(&5'*(,%'-%F+,%&)1"*&'*4*&0(&,',%8
!2%&1,5('F+&#1-*1,'&2%&!"Z);'6%13&')%)*4"0&1"(.,%&-'&#1,)1,%-(&2%&#."7(,%"6(-(&*(,()*,(8
I0()('&01$1-&#+-+*.,(2*(&;,%"&'-*(&6+,%3&#'&)+:%&/%F%*(F(&;(&#(%&0,'?%3&0%"&/%'6'&;,(#(0("*+&)'1&0%"& # # #

/%'6'&'#*1'-+3&0();+,6%6%&;,%"&'#*1-&5.,6%%&)'1&'-&!"*,1;+,%%8&I)(5("('&/%F%*(&7'#&2%&01$1,%-(&!"*,1;'*(3&
!"&*%5;1-&".;6%%3&#4"0Z-+)4"01:2%&*,1;1-&0.,5%"03&)(&01#&;,%"&0(;+,*+,%3&1"0(3&/%F%*('F+&;(&#(%&0,'?%&2%& [%'6'&01$1-1%&!"&(*(,"%*'*(&()*(&.&2#.'-+8&S-&*,(@1%(&)+&!"/(6(&0();,(&*.*&#(&'&#,('*&o%%"6'&)1;,(5+3&
0%)#1*+&#1&(%&#'&0(&R'&01$&-'&01$8 P'*+-&#(,()#&:&@%"(#1/4"*'*&7%(&J15(-(&K+18
G(?+*1,%-(&#."*,'#*'*(&!"*,:.&/%'6+&'"*(,%.',+&)1"*&,(!"".0'*(&!"&'-*(&/%(6%3&%',&;(&5+)1,+&#(&*,(#(& H.)5.)1-&()*(&#1*,(%(,'*&0(&?4"01,%:.,0%"(3&;-(#'*(&0(&-'&T"%#1-&H,('*.,3&'-&*1*1,.,&#,('*.,%-.,&2%&
/,(5('&2%&"15+,1-&-.,&)(&!"51-6(2*(3&#1&'*4*&(-(&0(/%"&5'%&;1*(,"%#(8&!"&')(5("('&#."0%6%%3&01$1-&0%"& 0(&-'&5',%%&H,('*.,%3&0%"&K7(,':G'@.,'*.,8&I#()*(&.,0%"(&@,+F0('F+&7-1%01-&#',(&15;-(&1"%/(,)1,%-(&2%&
H(,&/%F%*('F+3&1,5+,(2*(&2%&'=1*+&;(&#(-&%1@%*3&#',(&!2%&0()7+2.',+&/%'6'&;(&;+54"*Q&0(&')(5("('&01$1-& )1"* & ,(#(;6%."'*( & 0( & ("*%*+6% & );%,%*1'-( & !"+-6'*( & -' & ,'"?1- & 0( & o%% & 0%/%"%3 & )%"?1,%% & #';'@%-% & 0( & ' & -(&
!"*,1;'*3&".';*('&#4"0&*,1;1-&%&)(&.0%$"(2*(3&)(&,%0%#+&!"&);'6%1&2%&!2%&#$('5+&%1@%*1-&);'6%'-&:&0'#+&"1& !"6(-(?(8&o%%%&0%/%"%&)'1&N1/(,"'*.,%%&)%)*(5(-.,&;-'"(*',(&01;+&#(&0()#%7,('F+&2%&;,(-1#,('F+&'#()*(&
',(&;.)%@%-%*'*('&)+&)(&01#+&;4"+&-'&(-8&R1@%,('&7'#(&5%"1"%&2%&(/.-16%'&()*(&51-*&!"-()"%*+&0(&'=1*.,1-& .,0%"( & ).)%*( & 0%" & K7(,':G'@.,'*., & -( & *,'")5%* & ?1/(,"'*.,%-., & )'1 & !"?(,%-., & ;-'"(*',%8 & 9,(' & ;16%"(&
,(#%;,.#&'-&#(-.,&#',(&):'1&%1@%*&#1&!"7.#',(8 01$1,%&15'"(&'10&)'1&0()#%7,('F+&'#()*(&.,0%"(8
9,%"&1,5',(&0%)*%"?(5&*,(%&#'*(?.,%%&0(&1"0(:?4"01,%A&;%18',(/&'"-(8%#(&2%&17'"(9
E#)))))''''# I)(5("('&1"0(:?4"01,%&5'%&;.*&;.,"%&0(&-'&!"?(,&-'&!"?(,3&!"&=1,1-&9+54"*1-1%8&T"0(-(:?4"01,%&
'"?(-%#(&;.*&;-(#'&0(&-'&!"?(,%%&).-',%&-'&!"?(,%%&;-'"(*',%3&#1&0%7(,%*(&.,0%"(3&;("*,1&'&)(&7'#(&;(&
a,%#(&-1#,',(&.5("(')#+&()*(&1,5+,%*+&0(&';,.';(&2%&0(&1"&01$&);'6%'-8&R'*+&1"&',*%)*&;%#*('F+&1"& ;+54"*&'"15%*(&'#6%1"%8&T"0(-(:?4"01,%&;.*&;.,"%&0(&-'&1"&o%1&0%/%"&)'1&N1/(,"'*.,&).-',&#+*,(&1"&
*'@-.1&)'1&1"&)#1-;*.,&)(&)*,+01%(2*(&)+&,('-%F(F(&.&-1#,',(&',*%)*%#+8&a;(,'&-'&#',(&-1#,('F+&"1&()*(& '-*&o%1&0%/%"8
"15'%&'&-1%3&#+#%&!"&=1,1-&)+1&)(&'7-+&1"1-&)'1&5'%&51-*(&01$1,%3&#',(&!-&%");%,+8&K1?()*%%-(&#1,?&2%& I2'0',3&);'6%%-(&%"*(,)%0(,'-(&)1"*&;-%"(&0(&.&,(6('&0(&1"0(:?4"01,%3&#',(&*,(#&!"&*.'*(&0%,(#6%%-(3&
);%,%*1-&!"*,1;'*&,('-%F('F+&7,15.')(&.;(,(&0(&',*+3&7%%"0&#."/%")&#+&;,.;,%1-&)+1&01$&%:'&0%#*'*&)'& 7%%"0&'1F%*(&)'1&,(#(;6%."'*(&"15'%&0(&#+*,(&#(%&#+,.,'&-(&)1"*&0()*%"'*(8
7'#+&'2'8&c('-%*'*('&()*(&#+&-'&'#(')*+&.;(,+&'1&#."*,%@1%*&0.1+&("*%*+6%&);%,%*1'-(3&1"'&!"*,1;'*+&2%&'-*'& T"0(-(&(5%)(&0(&;.)*1,%-(&0(&,'0%.&,(;,(F%"*+&!"&5%#&#(('&#(&)(&;(*,(#(3&!"&5',(3&!"&#45;1-&
-%@(,+8 %"7%"%*&'-&1"%/(,)1-1%&".)*,18
C(&51-*(&.,%3&5(0%15%%&#-',/+F+*.,%&/+0&-'&,(;(*%6%%-(&*('*,'-(&#15&1"&);%,%*3&7.)*&5',(&',*%)*3& G1"'&()*(&2#.'-'&1"0(&!"?(,%%&9+54"*1-1%&%")*,1%()#&01$1,%-(&'-@(&0();,(&1"0(-(:?4"01,%&2%&7'#&
%")17-+&;,%(*("1-1%3&#.-(?1-1%&)+1&*,1;()#3&5.01-&0(&%"*(,;,(*',(3&.&'*%*10%"(3&'"15%*(&?()*1,%&2%&'2' (L;(,%("6(-(&"(#()',(&;("*,1&!"/+6',('&'#()*1%&#';%*.-&0%"&5',('&H',*(&'&P'*+-1%&0%/%"8
>%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&C,%7'&#',*( \W
- - -
c(!"*,1;',('
>#.'-'&#,('6%(%&P'*+-1%&".)*,1 &()*(&7+,+&)74,2%*&#'&2%&.;(,'&G1%8&C1$1,%-(&'/'")'*(&*,(@1%(&)+&
!"/(6(&-(?%-(&;,%"#%;'-(&#(&0.5"()#&!"&-15%-(&#,('*(&0(&P'*+-&#(,()#8&S-(&)1"*&#$(5'*(3&!"&;,%51-&
,4"0e&)+&!"/(6(&-(?('&-(?%-.,&:&=1A%,('/&)1@&*.'*(&7.,5(-(&(%3&';-%#'*+&-'&7-1%03&;',*%#1-+&(*(,%#+3&'*.53&
5.-(#1-+3&;,.*.;-')5'3&#(-1-+3&6()1*3&.,?'"3&.,?'"%)53&;-'"(*+3&).',(3&1"%/(,)3&-'&!"*,(?1-&#.)5.)8& c(!"*,1;',('&)'1&,(!"#',"',('&()*(&7(".5("1-&,(/("%,%%&);%,%*1-1%&.5("()#&0%"&);'6%%-(&#(,(2*%&!"&
C1$1,%-(&*,(@1%(&)+:2%&!")12(')#+&*.'*(&7.,5(-(&)1@&#',(&)(&;,(F%"*+&-(?('&(/.-16%(%&!"&,(?"1-&5%"(,'-3& -15('&7%F%#+3&!"*,:1"&".1&*,1;&.5("()#8
/(?(*'-3&'"%5'-3&15'"3&'"?(-%#&2%&H,('*.,&0%/%"Q&*,(@1%(&)+&!"/(6(&,(?1-%-(3&01,'*'3&(*';(-(&2%&*.'*(& I0(/+,1-&,(!"*,1;+,%%&'&7.)*&#1".)#1*&0(&%"%6%'6%%&/('#1,%-.,&';1)(&2%&,(/(-'*&2%&'F%&0(&5',%-(&
');(#*(-(&'#()*(%&/(2"%#(&*,'")7.,5+,%3&'&(/.-16%(%3&#',(&;.',*+&*.*1-3&!"&/(2"%#%(3&*.*&5'%&)1)3&);,(& G15%"%&'-(&);'6%%-.,8&I#(')*+&#1".2*%"6+&.&;.)(0'1&;%(%-(:,.2%%&0%"&I5(,%#'&:&0%"&I-')]'&;4"+&!"&9(,1&
0()+/4,2%,(8&9,(.#1;',('&#('&5'%&!")(5"'*+&0%"*,(&*.'*(&()*(&2*%%"6'&/%(6%%3&2*%%"6'&.;(,(%&P'*+-1%&0%/%"& 2%&p.-%/%'3&#(-6%%&0%"&S1,.;'3&-.#1%*.,%%&@+2*%"'2%&0%"&%")1-(-(&g'y'%%8&!"&I)%'3&%0(('&,(!"*,1;+,%%&()*(&2%&
:&@%"(#1/4"*'*&7%(&J15(-(&K+18 'F%&7.',*(&,+);4"0%*+&(L(,#%*4"0&.&5',(&%"7-1("6+&!"&#."01%*'&.51-1%8&9()*(&^qq&5%-%.'"(&0(&-.#1%*.,%&
H.;%-1-:.5&'=1")&-'&/4,)*'&0(&_&'"%&()*(&#';'@%-&)+&!"6(-('?+&51-*(&-1#,1,%&2%&5(5.,%'&)'&,(6%"(& '%&R"0%(%3&R"0.#$%"(%3&P%@(*1-1%3&H$%"(%3&U."?.-%(%&2%&x';."%(%3&#,(0&!"&,(!"*,1;',(&2%&#1".)#&-(?%-(&(%&
51-*(&!"/+6+*1,%8&I"%&0(&F%-(3&7%%"6'&-1%&)(&)*,+01%(2*(&)+&'7-(&0();,(&*,(#1*1-&2%&;,(F("*1-&'&*.*&#(:<& -'&7(-&#15&".%3& .##%0("*'-%%3&2*%5&#+& )4"?(-(&#%,#1-+&;,%"&/')(-(&)'"?1%"(8&9("*,1&')%'*%#%3& -(?('&
!"#."=.',+8ZG'&<d&'"%3&!"6(-(?(,('&-1%&#1;,%"0(&1"&.,%F."*&0()*1-&0(&/')*3&%',&-'&V<&0(&'"%&:&0(&*,(%&.,%& ,(!"*,1;+,%%&()*(&.&-(?(& #'& .,%#(&-(?(& "'*1,'-+&:&-(?('& #."*,'#6%(%&-'& 7,%?&2%&'&0%-'*'6%(%& -'& #'-0&'&
2';*(&:&)(&'7-+&!"&0(;-%"+*'*('&=10(#+6%%8&91*(,%-(&)'-(&)17-(*(2*%&)1"*&'#15&'*4*&0(&!"'-*(3&!"#4*&;.'*(& #.,;1,%-.,8&S'&()*(&).#.*%*+&.&-(?(&71"0'5("*'-+3&#',(&)(&(L(,#%*+&')1;,'&*1*1,.,&("*%*+6%-.,3&7%(&(-(&
'"'-%F'&(/("%5("*(-(&2%&7(".5("(-(&0%"&=1,1-&)+18&9,%"&,'6%."'5("*(3&0.',&0%"&#4*(/'&;,(5%)(3 &(-& 5%"(,'-(3&/(?(*'-(3&'"%5'-(3&15'"(3&7%(&).',(&)'1&1"%/(,)8
;.'*(&)#.'*(&-'&%/('-+&'0(/+,1,%&'@)*,'#*(8&C(&'#15&'&;.,"%*&;(&0,151-&1"(%&#',%(,(3&')%?1,4"01:2%& [(#$%5('&'#()*(%&#1".'2*(,%&)(&;%(,0(&!"&".';*('&/('#1,%-.,&2%&';,.';(&#+&"1&(L%)*+&,(-%?%(&)'1&
.',(#15&(L%)*("6'&*,1;(')#+8&!2%&!"#$('?+&.&7'5%-%(&2%&!"#(;(&'0(/+,'*'&)'&.;(,+&.5("(')#+8&C(& -(?("0+&#',(&)+&"1&'%@+&1"&)45@1,(&0%"&'#(')*+&%0((8
'#15&!"#(;(&)+:2%&0(;("(&7%,1-&0()*%"1-1%3&!"/+64"0&/%'6'&)1@&*.'*(&');(#*(-(&(%3&#1&*.'*(&@1#1,%%-(&2%& c(!"*,1;',('&7%%"0&#1".)#1*+&0%"& *%5;1,%&7.',*(& !"0(;+,*'*(& 2%& *,(#1*+&;,%"& 5%"*('&0%7(,%*(-.,&
'5+,+#%1"%-(&(%8 ;.;.',(3&'&'=1")&-'&".%&)1@&0%7(,%*(&7.,5(&2%&!").6%*+&0(&"15(,.')(&(,(F%%8&N4"0%,('&)1;(,%.',+&'&
C(&-'&"'2*(,(&2%&;4"+&!"&5.,54"*&/%'6'&()*(&.&#."*%"1+&2#.'-+8&K#.;1-&,(!"*,1;+,%%&()*(&!"/+6',('& .51-1%&0(&'F%&'&!"-+*1,'*&;+,6%-(&'@)1,0(&';',6%"4"0&)1;(,)*%6%(%&;("*,1&':%&,(0'&/'-.',('&7%-.).7%#+&2%&
2%&%',&!"/+6',('8&J(&"'2*(5&;("*,1&'&/("%&-'&2#.'-'&5'*(,%(%&#(-(%&5'%&0(")(3&;("*,1&'&#1".'2*(3& 5.,'-+&'/1*+&!"&*,(#*1-&!"0(;+,*'*8&N,'6%(&"("15+,'*(-.,&#.51"%#+,%&7+#1*(&0(&("*%*+6%&);%,%*1'-(3&!"&
;("*,1&'&!"/+6'&*.*&#(&)(&,(7(,+&-'&('3&#'&7(".5("(3&#'&/%'6+&2%&-(?%8 2(0%"6(-(&0(&,(/(-'6%(3&'#(')*+&%0((&)(&!"*%"0(&;()*(&*.*&;+54"*1-3&7%%"0&?+)%*+&7%,(')#+3&0(.',(#(&
P'*+-&'&)*'*.,"%#%*&#'&'#(')*+&2#.'-+&:&*(.,(*%#+&2%&;,'#*%#+&:&)+&7%(&#."*%"1'*+&2%&!"&);'6%18&S'&/'&7%& (L;-%#+&51-*(&;,.@-(5(&).#%'-(3&,(-%?%.')(&2%&7%-.).7%#(3&"(,(F.-/'*(&;4"+&'F%8
1,5'*+3 & ;( & ,4"03 & ;( & *.'*( & #'*(?.,%%-( & 0( & ;-'"(*(3 & ;( & *.'*( & ,'"?1,%-( & 0( & ).,%3 & !" & *.'*( & #(-( & ;'*,'&
1"%/(,)1,%3&2%&5'%&0(;',*(&:&!"&*.'*+&#,('6%'&"+)#1*+&!"&K7(,'&#("*,'-+&)'1&G'@.,'*.,1-&0%/%"8&91*(5& $ $ $

);1"(&#+&2#.'-'&"1&',(&)74,2%*3&#+#%&P'*+-&5(,(1&#,(('F+&'-*(&7.,5(&0(&5'*(,%%&2%&7%%"6(3&)*'@%-(2*(&-(?%&
".%8&[%'6'&7%%"0&/(2"%#+3&2%&!"/+6',('&()*(&/(2"%#+8 S)*(&5'%&@%"(&0(&1"&)(#.-&0(&#4"0&2*%%"6'&'&-1'*&1"&'/4"*&1%5%*.,3&/'-1-&0()#.;(,%,%-.,&;1,*4"0&
9,%"Z1,5',(3&01;+&.&;(,%.'0+&0(&,(#1;(,',(3&01$1,%-(&;-'"(*(%&".')*,(&)1"*&'01"'*(&0%"&*%5;&!"& .51-&;(&1"0(-(&"(/+F1*1-1%3&);,(&!"+-6%5%-(&%"7%"%*1-1%8&I"&0(&'"3&.51-&!2%&!5@.?+6(2*(&#1".2*%"6(-(&
*%5;3&!"&'"15%*(&-.#1,%3&1"0(&-%&)(&;,(0'1&#1,)1,%&)'1&#."7(,%"6(&!"&-(?+*1,+&#1&0%7(,%*(&)1@%(#*(3& #1&;,%/%,(&-'&-15('&!"#."=1,+*.',(3&0',&!"&'#(('2%&5+)1,+&#,(0%"6'&-1%&)-+@(2*(&2%&.5("%,('&'-1"(#+&;(&
;.*,%/%*&?,'01-1%&-.,&(/.-1*%/8&H."7(,("6%',1-&()*(&*.*0('1"'&.&("*%*'*(&0%"&-15('&'-@+8&!"?(,%%&;-'"(*(%& ;'"*'&5'*(,%'-%)51-1%8&p%)(,%#%-(&)1"*&0%"&#(&!"&#(&5'%&;16%"&7,(#/("*'*(&0(&#,(0%"#%.2%&0(.',(#(&
".')*,(&6%"&-'&,4"01-&-.,&#."7(,%"6(&01$1,%-.,&'-@(3&7+#4"0&0()*+%"1%,%&')1;,'&*'%"(-.,&#(,(2*%3&%"%6%'-& ;,(.*1-&0(&'F%3&;%(,F4"0&-(?+*1,'&#1&H(,1-3&#1&2*%%"6'&2%&#1&',*'3&"1&5'%&()*(&!"&)*',(&)+&0('&1"&,+);1")&
0();,(&#(-(&;,%/%*.',(&-'&9+54"*&';.%&0();,(&#(-(&,(7(,%*.',(&-'&)%)*(51-&".)*,1&).-',3&2%3&!"&75(3& '##(;*'@%-&-'&!"*,(@+,%-(&,(7(,%*.',(&-'&/%'6+3&#,('6%(3&0()*%"3&I@).-1*3&"(7%%"0&!"&5+)1,+&)+&(L;-%#(&
0();,(&*'%"(-(&-(?'*(&0(&#.)5.)&2%&%"7%"%*8 7(".5("1-&"'2*(,%%&2%&'-&5.,6%%8&C%"&'#(')*+&#'1F+3&51-6%&'7%,5+&#+&,(-%?%'&()*(&0(&;,%).)3&@'&#$%',&
J1&5+&;.*&.;,%&7+,+&)+&(/%0("6%(F&5%)%1"('<&'#.,0'*+&1".,&("*%*+6%&);%,%*1'-(&:&0(&'&-1'&-(?+*1,'& 0+1"+*.',(3&!"*,1#4*&('&)*'?"('F+&;,.?,()1-&.5("%,%%3&2%&!"&-.#&)+:<&';,.;%(&;(&.5&0(&P'*+-&)+1&
#1&-15('&*(,()*,+8&K74"*'&P,(%5(&'&9+54"*1-1%3&#1&';,.@',('&o.,1-1%&).-',3&0()(5"('F+&!"&'"15%*(& #,('*.,3&!-&!"0(;+,*('F+8&K(&)1)6%"(&#+&@%)(,%#'&:&7%%"0&!"?,+0%*+&0(&0.?5(&2%&0(#%&'"#$%-.F'*+&!"&
;(,%.'0(&2%&!"&'"15%*(&;1"#*(&'-(&;-'"(*(%3&("*%*+6%&);%,%*1'-(3&01$1,%&'-@(3&0%"&#('*'&;,(.6%-.,3&#+-1?+,%-.,& '#(-('2%&7.,5(&0(&5'%&@%"(&0(&.&5%(&0(&'"%&:&/%"(&7-'?,'"*&!"&#."7-%#*&#1&0'*(-(&2*%%"6%7%#(&,+);4"0%*(&
2% & ',$%(,(%-., & #(,(2*%3 & ;("*,1 & '& ;,(F%0'3 & )7+*1%Z & 2%& #."01#( & #(,#1,%-( & 0(& ,(/(-'6%( & 0( & ;(& )1;,'7'6'& !"&5')(-(&;.;1-',(8&a51-&0(&'F%&"1&()*(&)'*%)7+#1*&0(&,+);1")1-&.7(,%*&0(&@%)(,%#+3&(-&'/4"0&"(/.%(&
?-.@1-1%8 & !" & *.'*( & /('#1,%-(3 & H(,1-3 & #."01#(,(' & );%,%*1'-+ & 2% & 5'*(,%'-+ & ' & 9+54"*1-1% & ' & #+1*'* & )+& 0(&.&,(-%?%(&2*%%"6%7%#+&2%&',*%)*%#+3&@'F'*+&;(&%1@%,(3&#1".'2*(,(&2%&#.51"%1"(&#1&C%/%"%*'*('8
)*'@%-(')#+&#4*(/'&7',1,%3&0(&1"0(&)+&,'0%(F(&-15%"'&"(51,%,%%&);%,%*1-1%&2%&'&#1".2*%"6(-.,&;,%/%*.',(& C',&2%&)'/'"6%%&:&?,+@%6%&)+&;,.#-'5(&0.5"%'&5'*(,%(%&2%&'&-(?%-.,&(%&:&)(&/.,&#."/%"?(3&!"&#1,4"03&
-'&"'*1,'&/+F1*+&2%&"(/+F1*+8&C%"&'#()*(&#(,#1,%&0(&,(/(-'6%(&)(&,+);4"0()#&#1".2*%"6(-(&2%&')*7(-&)(&0+& #+&!"&'7','&5'*(,%(%&*'"?%@%-(3&5'%&(L%)*+&2%&'-*(&)1@)*'"6(&(*(,%#(3&#."01)(&0(&-(?%&0%7(,%*(&#(-.,&
;,%-(=&.5("%,%%&)+&%'&#."*'#*&2%&)+&5(0%*(F(&')1;,'&%0(%-.,&#',(&'1&7,+54"*'*:.&0%"&/(2"%#%(3&'%#%&)'1& 7%F%#(8&G'&!"#(;1*1-&';',%6%(%&5'*(,%'-%)51-1%&)(&#,(0('&#+&'#()*'&/'&0'&1"&,+);1")&)'*%)7+#+*.,&-'&
;(&'-*(&;-'"(*(8&S-(&/.,&#.")*%*1%&*,'0%6%'3&-(?("0'3&2*%%"6'&%"%6%'*%#+3&'"."%5+&0();,(&/%'6+3&!"?(,%3& *.'*(&!"*,(@+,%-(8&K(&'7%,5'&#+3&!"&0(7%"%*%/3&"1&(L%)*+&!"&1"%/(,)&0(#4*&5'*(,%(3&("(,?%(&2%&-(?%-(&#',(&
H,('*.,%3&C%/%"%*'*(8 -(&;1"&!"&'#*%/%*'*(3&#+&'1&51,%*&;("*,1&*.*0('1"'&/(#$%-(&#,(0%"6(&#',(3&)(#.-(&0(:'&,4"01-3&'1&)*'?"'*&
P.*&o.,1-&).-',&)1;,(5&;(,5%*(3&!"&'"15%*(&#(,#1,%3&#'&5',%&G15%"%&:&#1&)'/'"*'&-.,&2*%%"6+&2%&#1& #%/%-%F'6%'3&#+&);%,%*1-&0(&#',(&)(&*.*&/.,@(2*(&"1&()*(&0(#4*&;,.01)1-&%5'?%"'6%(%3&%',&,(-%?%'&.&!"2%,1%,(&
'=1*.,1-&'&)1*(&2%&5%%&0(&("*%*+6%&:&)+&;,.01#+&0%7(,%*(&7(".5("(3&-(/%*'6%%3&)#,%(,%3&5'*(,%'-%F+,%&(*#8& 0( & ;./(2*%& 2%& ,1?+#%1"%3&#',(& "1& -+51,()#&/%'6'& 2%&'04"#1-& ;,(7'#(,%-.,& 0%"& "'*1,+& 2%& 0%" & #.,;1-&
C', & #,(',('& 1"(% &7%%"6(& 15'"(3Z'"%5'-(3& /(?(*'-(& )'1 &5%"(,'-(3 & ,(;,(F%"*+& #1-5(' & 5'"%7()*+,%-.,& .51-1%8&o%F%#%'"1-&'&0(5.")*,'*&;,%"&(L;(,%("6(&#+&"'*1,'&()*(&#."01)+&0(&-(?%Q&#$%5%)*1-3&?,'6%(&
7.,6(-., & #(,(2*%8 &S-( & ;,.01#&.51-1% &: &0(5"&0(&'&;',*%#%;' &-'&')(5("(' &5'"%7()*+,%&: & .& "(?,+%*+& #(,#(*+,%-., & %"?("%.')(3 & ,(/(-('F+ & -15%% & )*,1#*1,' & "(#1".)#1*+ & ' & 5'*(,%(%Q & @%.-.?1-3 & !" & *(.,%' & )'&
%5;,()%( & 2%3 & 0( & '%#%3 & . & "(F0,1"#%"'*+ & #."/%"?(,( & !" & #((' & #( & ;,%/(2*( & (L%)*("6' & /%(6%% & 0%"#.-. & 0(& (/.-16%."%)*+3 & ','*+ & #+ & (L%)*+ & . & .,0%"( & !" & -15( & 2% & 1" & )#.; & !" & *.'*( & 0.5("%%-( & #.5;-(L( & '-(&
5.,54"*8 /%(61%*.',(-.,8&!"&)*,'*1,%-(&)1##()%/(&'-(&)#.',6(%&*(,()*,(&)(&#%*(2*(3&'F%3&5%"1"'*'&%)*.,%(&'&)(#.-(-.,&
J1 & 5'% & %")%)* & ')1;,' & '#()*1% & #';%*.- & #',( & 2%:'& ;,.;1) & )+ & (L;1"+ & =10(#'*'3 & /%'6' & 2%& .#1;'6%'& )#1,)(8&P(-()#.';(&?%?'"*%#(&"(&'01#&5'%&';,.';(&"(@1-.')(3&?'-'L%%&2%&5%-%',0(&0(&).,%&!"0(;+,*'6%Q&
7,1;1-&.5("()#&()*(&)*10%'*&2%&#1".)#1*&;4"+&!"&#(-(&5'%&')#1")(&#(-1-(8&G15('&!"*,('?+&()*(&!"&
01$1-1%&!"&);'6%13&'#()*(&)1@%(#*(&;1*4"0&7'#(&.@%(#*1-&1"1%&*,'*'*&/.-15%".)8&R"*("6%'&5('&()*(&)+& 7,('5+*&-'&7%(#',(&".1+&0()#.;(,%,(8&C',&#1&*.'*(&'#()*('&7-'#+,'&0(&("*1F%')5&'&5'*(,%'-%2*%-.,&)(&
0'1&#%*%*.,1-1%&.&%0((&?("(,'-+&0();,(&"'*1,'&!"&5%=-.#1-&#+,(%'&!2%&01#(&*,'%1-8&[.,&/("%&'-6%%&01;+& )*%"?( & *,(;*'*Q & %', & -' & -15%"' & 5'*1,%*+6%% & );%,%*1-1%3 & -1#,1,%-( & 2% & 7(".5("(-( & )1"* & /+F1*( & 5'% & #-',3&
5%"(3&#',(&/.,&-+,?%&#(,#1-&,(/(-'6%%-.,3&);,(&-15%"',('&.5("%,%%&2%&?-.,%'&P'*+-1%&#(,()#&:&@%"(#1/4"*'*& );%,%*1-&".)*,1&,(/("%"0&-'&2*%%"6'&(F.*(,%#+3&-'&*,'0%6%'&2%&#.5.','&);%,%*1'-+&'&.5("%,%%8
7%(&J15(-(&K+13&'#15&2%&!"&/(#%%&/(#%-.,8&I5%"8 C%"&'#()*&#.")%0(,("*&"(&/.5&)*,+01%&)+&,(-1+5&%0(%-(&'@'"0."'*(&!"&/,(51,%-(&5'*(,%'-%)51-1%3&
'#.,04"0&'#()*.,&)*10%%&'*("6%'&#1/("%*+8&I)(5("('&#(,#(*+*.,1-1%&0(&5%"(,(1&;,(6%.)&:&#',(&,(%'&2%&
,('-(?(&5(*'-1-&;,(6%.)&0%"&@1#+6(-(-(&',1"#'*(&:&.51-&#'1*+&'F%&!"&'#()*(&#1".2*%"6(&/(#$%3&)+&5'%&
<
&9,%5'&#',*(&'&'#()*(%&-1#,+,%&#."6%"(&7,'?5("*(&0%"&#.51"%#+,%-(&1".,&("*%*+6%&);%,%*1'-(8&H',*('&'&0.1'&()*(&!"&!"*,(?%5(& ?+)(')#+&51-*(&2%&"(@+"1%*(&@.?+6%%3&0()#.")%0(,'*(&0(:'&-1"?1-&)(#.-(-.,&0(&%?".,'"6+&2%&!"*1"(,%#8
#.51"%#'*+&0(&("*%*+6%&);%,%*1'-(3&7%%"0&7,1#*1-&1"(%&')(5("('&#.-'@.,+,%&0%"*,(&H(,&2%&;+54"*8
\X H(!"*,14',( \Y
>%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&:&C,%7'&#',*(
'

S)*(&(/%0("*&#+&;,%"*,(&-1#,1,%-(&".')*,(&0(&;,(6&(L%)*+&2%&;.0.'@(&7'-)(3&7+,+&/'-.',(3&#1&*.'*+& !"&5%=-.#1-&1"(%&).#%(*+6%&'/'")'*(&!"&#1-*1,+&2%&#%/%-%F'6%(3&1"0(&',(&;,%-(=1-&)+&!"/(6(&2%&)+&7%(&(01#'*8&
)*,+-1#%,('&-.,8&I)*7(-3&2*%%"6'&/'&7%&.@-%?'*+&)+&5'%&',1"#(&0%"&*(.,%%-(&)'-(&%"(L'#*(3&,(-%?%'&:&0%"& T"1-&/%"(&!"&-15(&!"*,:.&#'5(,+&*,%)*+&2%&51,0',+3&1"0(&)*'1&?,+5'0+&2%&'-6%&"(7(,%#%6%8&o%,(2*(3&0(&;(&
0.?5(-(3&,%*1'-1,%-(&2%&%;.#,%F%'&(%3&%',&7%-.).7%'&:&0%"&);(#1-'6%%-(&(%&0(2',*(8 (-&#1,?&F0,("6(-(3&%',&(01#'6%'&2%:.&/'&7'#(&;(&!"*%")1-&5'%0'"(-.,8&T"&'-*1-&)(&"'2*(&!"*,:.&7'5%-%(&
R" & 7'6' & '#()*., & 7,+54"*+,% & %"*(-(#*1'-(3 & ;,(7'#(,% & 2% & #."7-%#*(3 & .51- & ,+54"( & 0(F.,%("*'* & 2% & )(& @.?'*+3&#,()#1*&!"&#(-(&5'%&@1"(&#."0%6%%&2%&%")*,1%*&!"&#(-(&5'%&@1"(&2#.-%8&T"1-&/'&7%&5'%&*4,F%1&1"&
!"*,('@+&#1&"(-%"%2*(A&BH',(&()*(&'0(/+,1-DE #(,2(*.,3&%',&#(-+-'-*&.&;(,)."'-%*'*(&0(&)('5+8&C'#+&(L%)*+&!"*,:'0(/+,&("*%*+6%&);%,%*1'-(&2%&0'#+&(-(&)(&
J'*1,'&.51-1%&()*(&7+#1*+&)+&#'1*(&5(,(13&)+:2%&(L;-%#(&(L%)*("6'&-1#,1,%-.,&2%&'&7';*(-.,3&)+:2%& "')#&(?'-(3&;("*,1&#(&'*4*'&7'/.,%*%)5D&C(&#(&1"&#.;%-&).)%*&!"&-15('&'#(')*'&()*(&#."0'5"'*&0%"'%"*(&
#$%"1%(&)17-(*1-&!"&7'6'&("%?5(-.,&#(&)(&,%0%#+&5(,(1&!"&0,151-&)+18&C%"&'#(')*+&#'1F+3&5'*(,%'-%)51- -'&.&/%'6+&5%F(,'@%-+3&;-%"+&0(&;,%/'6%1"%3&;(&#4"0&1"&'-*1-&#1".'2*(&.&/%'6+&7(,%#%*+D&S%3&1"0( &()*(&
: '*4*&0(&*,45@%6'*&2%&;.5;.)&!"*,."'*&:&)(&"+,1%(3&2%&.51-&)(&!"*.',#(&#+*,(&0'*(-(&2*%%"6(%&(F.*(,%#(3 C15"(F(1- & *+13 & 0( & #',( & *.* & /.,@(2*%D & C'#+ & S- & ', & (L%)*'3 & ":', & 5'% & 7% & '#(')*+ & 0%7(,("6+3 & '#(')*+&
#+*,( & *,'0%6%' & );%,%*1'-+ & ' & -15%-., & %"/%F%@%-(3 & ')#1")+ & 2% & !"#1%'*+ & #1 & F(#% & 0( & -'#+*(3 & #+1*4"0 & )+:2% 0%)*,%@1%,(&%"(?'-+&0(&!"-()"%,%&'-(&/%(6%%8E
(L;-%#(&;,%"&('&(L%)*("6'&-15%-.,&2%&'&0()*%"1-1%&.5("()#8 a',(&0()*%"1-&"(&()*(&%5;1)&7+,+&.&-(?(&2%&7+,+&"%#%&1"&)#.;D&9("*,1&#(&.#'F%%-(&.7(,%*(&.'5("%-.,&
p%(*1-&.5&)(&!"*,('@+&5(,(1A&BSL%)*+&1"&C15"(F(13&.&91*(,(&%"*(-%?("*+3&%"7%"%*+3&#',(&'&#,('*& )1"*&'*4*&0(&%"(?'-(D&T"1-&/'&-1#,'&;("%@%-&*.'*+&/%'6'&)'3&2%&0%"&#'1F'&1"1%&'##%0("*&!2%&/'&)74,2%&
*.*1-&!"&1"%/(,)&'*4*&0(&',5."%.)DE&BC'E3&!%&,+);1"0(&@%)(,%#'8&BC'E3&,+);1"0(&2%e&)17-(*1-&)+13&0',&(-& F%-(-(&!"*,:1"&'F%-3&%',&1"&'-*1-&5.2*("(2*(&.&5.2%(&!"*%")+3&;.)(0+&;'-'*(&2%&'1*.5.@%-(3&#+-+*.,(2*(&
/(0(&!"&=1,1-&)+1&"(0,(;*+6%3&,+F@.'%(3&#'-'5%*+6%3&@.-%3&)17(,%"6(&0(&*.*&7(-1-8&R"&)17-(*1-&)+1&)(&"'2*(& ;,%"&6+,%&!"0(;+,*'*(&2%&#1&*.'*(&'#()*('&()*(&1"&%"'#*%/3&1"&5(5@,1&%"1*%-&).#%(*+6%%8&H15&0(&()*(&
!"*,(@',('A&BC'#+&(L%)*+&1"&C15"(F(13&0(&#(&;(,5%*(&'*4*'&)17(,%"6+&2%&"(0,(;*'*(D&C(&#(&)-'@1-&#'0(& ;(,5%)&'#()*&-1#,13&#4"0&)(&);1"(&#+&"%#%&1"&7%,&0(&%',@+&"1&#,(2*(&7+,+&/.%'&-1%&C15"(F(1D&P.*12%3&#1&
;,'0+&#(-1%&;1*(,"%#DE&9,%/(2*(&!"&=1,&2%&#.")*'*+&/%.-("6+&2%&#,1F%5(A&2.;4,-'&5+"4"#+&71,"%#%3&('&()*(& '#(')*+& .,4"01%,( & : &!"& ';',("6+ & "(0,(';*+ & : & )1"*(5& !" &5.0& %")*%"#*%/ & !"#-%"'6% &)+ &#,(0(5& #+3& !"&
54"#'*+&0(&2',;(3&2',;(-(&()*(&54"#'*&0(&1"&',%#%3&#',(&-'&,4"01-&)+1&#'0(&;,'0+&1"(%&/1-;%8&P.'*(& '04"#1-& *1*1,.,&-1#,1,%-.,&2%&!"*45;-+,%-.,3 &*,(@1%(& )+&(L%)*(& N4"0%,('& 2%&[.%"6'&P'*+-1%3& ;-%"+& 0(&
7%%"6(-(&.5.',+&2%&-'&,4"01-&-.,&)1"*&.5.,4*(3&2%&'*1"#%&)(&!"*,('@+&@%(*1-&.5A&BT"0(&()*(&5%-'&2%& %1@%,(&2%&!"*(5(%'*+&;(&0,(;*'*(3&0',&0%"&"(7(,%#%,(&"1&.&;1*(5&;,.@'&);,%=%"%"01:"(&"15'%&;(&7';*(-(&
0,(;*'*('&-1%&C15"(F(1DE '#()*(%&-15%3&;("*,1&#+&$'.)1-&5.,'-&()*(&5'%&(/%0("*&0(#4*&a,0%"('&0%/%"+8
a51-&"1&!"6(-(?(&"%5%#&0%"&0()7+21,',('&(/("%5("*(-.,&;(*,(#1*(&!"& =1,1-&)+13&;("*,1& #+& "1& S)*( & '0(/+,'* & #+ & @%)(,%#' & #,(2*%"+ & !"#(',#+ & )+ & ,(F.-/( & '#()*( & ;,.@-(5(3 & 0', & "1 & 0%);1"( & 0(&
#1".'2*(&'04"#1-&*'%"(-.,&#(&!-&!"#."=.',+3&01;+&#15&"1&2*%(&#+&5.',*('&/'&7'#(&)+&)(&"')#+&/%'6'&2%& 5%=-.'#(&2*%%"6%7%#(&;("*,1&':<&#."/%"?(&;(&.5&0(&(L%)*("6'&1"1%&);%,%*3&/(2"%#&*,+%*.,3&!"*,:.&(/.-16%(&
5'%&)*,+-1#%*.',(8&S-&"1&2*%(3&;("*,1&#+&!"&7'6'&-1%&)*+&';',("6'3&%',&"1&,('-%*'*('8&a51-&"(2*%1*.,&"1& #."*%"1+3&*,(#4"0&;,%"&*.'*+&?'5'&7.,5(-.,&(L%)*("*(3&;("*,1&!"0(;-%"%,('&G(?%-.,&0%/%"(&2%&'*%"?(,('&
/(0(&!"&-15(&0(#4*&1"&/')*&#.5;-.*&'-&)+-@+*%#%(%&7+,+&5%-+3&0(&-'&5%#&-'&5',(3&2%&"(015(,%*3&)(& ;(,7(#6%1"%%8&c(-%?%%-(&;+54"*1-1%&"(;1*4"0&0'&-+51,%,%&')1;,'&'#()*.,&)*+,%&0(&-1#,1,%3&5'=.,%*'*('&
!"*,('@+A&BC'#+&(L%)*+3&!"*,:'0(/+,3&1"&C15"(F(13&0(&#(&(L%)*+&'*4*'&5%F(,%(&!"&-15(D&C(&#(&.'5("%& .5("%,%% & : & "(2*%%"0 & #( & ()*( & 0%"#.-. & 0( & 5.,54"*3 & 0%"#.-. & 0( & -15(' & 5'*(,%(% & 7%F%#( & : & ,+54"(&
;1*(,"%#%&2%&)+"+*.2%&0(/%"&!"*,:.&@1"+&F%&.,@%D&C(&#(&#.;%%&"(/%"./'6%&)1"*&-./%6%&0(&@.-%3&2%&5'5( 0(F.,%("*'*+3&!"*,(@4"01:)(&#1&*('5+&2%&!"0.%'-+&0'#+&!"*,:'0(/+,&(L%)*+&);%,%*1-&2%&C15"(F(18
: #',(&)*,4"?&#1&0,'?.)*(&-'&)4"&1"&#.;%-'2&:&)1"*&.5.,4*(DE H1&*.'*(&'#()*('&I0(/+,1-&()*(&#1".)#1*&;,%"&#.51"%#+,%-(&7,'6%-.,&".2*,%&0%"&H(,3&#.51"%#+,%&
C(&#4*(&.,%&"1&)(&!"*,('@+&%?".,'"6%%A&BC(&#(&!"&'#(')*+&-15(&@%"(-(&,+54"(&"(,(#.5;(")'*&2%& #',(&"(&;(,5%*&)+&/(0(5&/%'6'&)1@&'-*&');(#*3&!"*+,%"0&#,(0%"6'&".')*,+3&!"&@1"+*'*('&P'*+-1%&2%&!"&
,+1-&"(;(0(;)%*D&I0()('&#,%5%"'-1-&#%,#1-+&-%@(,&2%&%".#("*1-&()*(&',1"#'*&!"&!"#$%).',(8&C%);,(61-&!%& (L%)*("6'&1"1%&)#.;&'-&/%(6%%8&G'&@'F'&'#()*1%&'0(/+,&)*+&,('-%*'*('&,(/("%,%%&".')*,(&!"&/%'6'&*(,()*,+3&'&
1,5+,(2*(&;(&#(%&#(&51"#()#&2%&!%&!5;%"?(&#+*,(&5.,54"*3&;(&#4"0&!"&-15(&7.,7.*()#&"(,12%"'6%&2%& ,(;(*'*(-.,&".')*,(&,(!"*,1;+,%8
2',-'*'"%8&C(&#(&'*4*'&"(0,(;*'*(DE 916%"% & .'5("% & !2% & 0'1 & .)*("('-' & )+ & ?+)(')#+ & . & (L;-%#'6%( & -1#,1,%-., & 2% & 7(".5("(-., & -15%%&
c(-%?%'&',&/,('&)+&"(&7'#+&)+&!"6(-(?(5&#+&!"&-15('&#('-'-*+&'#()*(&)17(,%"6(&/.,&7%&,+);-+*%*(3& !"#."=1,+*.',(8&C'#+&*.*12%&)(&';1#+&)+&#(,#(*(F(3&)1"*&-1'6%&%5(0%'*&0(&#1,("*1-&%0(%-.,&'#*1'-(&2%&
;+#'*(-( & ".')*,( &/., &7% & %(,*'*( & 2% & %?".,'"6' & -15%"'*+8 & p'F'6% & ;(& '#()*( & '7%,5'6%%3 &*%5; &0( & )(#.-(3& ,(/%"&-'&#,(0%"6'&51-6%5%%8&C(&(L(5;-1A&)(&"'2*(&1"&#.;%-8&H,(0%"6'&?("(,'-+&()*(&#+&);%,%*1-&):'&
.'5("%%&'1&,%0%#'*&.#$%%&);,(&H(,3&'1&)17(,%*&!"#(,#+,%-(&'#()*(%&-15%3&#1&);(,'"6'&:#+&)(&/.,&@1#1,'& "+)#1*&.&0'*+&#1&*,1;1-&#.;%-1-1%8&I#(')*+&(L;-%#'6%(&)1;(,7%#%'-+&;,./%"(&0%"&.@)(,/'6%'&.51-1%&#+&;(&
0%"#.-.&0(&7(,%#%,('&;,.5%)+8 5+)1,+&#(&)(&0(F/.-*+&*,1;1-&#.;%-1-1%3&#."2*%%"6'&-1%&0.@4"0(2*(&1"&.,%F."*&5'%&!"*%")8&U'%&*4,F%13&
K#(;*%#1-&!")+3&F45@%"03&,+);1"0(&'#()*.,&)17-(*(&7,15.')(&2%&!"#,(F+*.',(A&BC'#+&C15"(F(1&'& 01;+&#(&.51-&0%);',(&;,%"&'#*1-&5.,6%%3&0%);',(&2%&#."2*%%"6'3&!"&5.0&';',("*&;("*,1&#+&.@)(,/'*.,1-&
#,('*&'#(')*+&-15(&;(&#',(&.&/(0(5&'*4*&0(&"(0,(';*+3&#(&5'%&;1*(5&'2*(;*'&!"&-15('&0(&0%"#.-.D& #(,#(*('F+&0.',&#'0'/,1-&#(-1%&;-(#'*8&C(F/.-*',('&;','-(-+&0%"*,(&*,1;&2%&#."2*%%"6+&0+&%5;,()%'&#+&
C'#+&"1&()*(&0,(;*'*(&'%#%&;(&;+54"*3&;("*,1&#(&',&7%&5'%&51-*+&'#.-.D&C'#+&*.'*(&)17-(*(-(&)(&"')#& )(0%1-&2%&.,?'"1-&;,.01#(,%%&#."2*%%"6(%&',&7%&)%)*(51-&#(,(@,'-3&0',&'0(/+,1-&()*(&#1&*.*1-&'-*1-8
(?'-(3&0(&#(&).',*'&.'5("%-.,&()*(&'*4*&0(&0%7(,%*+DE !"&1,5'&"15(,.')(-.,&(L;(,%("6(&;',';)%$.-.?%#(3&;1*(5&'7%,5'&#+&"1&)%)*(51-&#(,(@,'-&()*(&
a',(&)+&7%(&-'&5%=-.#&.&)%5;-+&!"*45;-',(D&K(&;.'*(&#."#(;(&1"&1"%/(,)&'-#+*1%*&0(&P'*+-&#(,()#3& )(0%1-&!"6(-(?(,%%3&'-&,'6%1"%%&2%&'-&#."2*%%"6(%3&(-&7%%"0&0.',&%")*,15("*1-&);%,%*1-1%8&!"6(-(?(,('&)'1&
!"&#',(&/%(6%-(&.'5("%-.,&)1"*&',1"#'*(&-'&/.%'&!"*45;-+,%%D&J13&0(&.&5%(&0(&.,%&"1&:&,+);1"0(&.51-& #."2*%%"6'&()*(&7,1#*1-3&,(F1-*'*1-&1"(%&'#*%/%*+6%&0(&5%%&2%&5%-%.'"(&0(&)(#.-(&'&);%,%*1-1%&.5("()#3&
#1".)#+*.,&h&0(.',(#(&#$%',&0'#+&"1&/(0(5&*.*1-&2%&*.'*(3&-15('&".')*,+&7%F%#+&()*(&?1/(,"'*+&0(& #',(&)(&5'"%7()*+&!"&-15('&(L*(,%.',+&;,%"&%"*(,5(0%1-&)%)*(51-1%&#(,(@,.);%"'-8
-(?%&)1@-%5(&2%&'@).-1*&=1)*(8 K+&"1&"(?-%=+5&7';*1-&#+&')#16%5('&%"*(-%?("6(%3&'&#."2*%%"6(%3&0(;%"0(&0(&)1@*%-%*'*('&'-#+*1%,%%&
H1&*.'*(&'#()*('3&"(2*%1*.,1-3&0',&5'%&'-()&5'*(,%'-%)*1-3&/%"(&5(,(13&!"&7'6'&';',("6(-.,&#(&"(& )#.',6(%&#(,(@,'-(3&0(&)(")%@%-%*'*('&2%&#'-%*'*('&'#()*1%&%")*,15("*8&S"#(7'-1-&1"1%&#.;%-&,(7-(#*+&?,(1&
!"#."=.',+3&#1&',?15("*(&".%&2%&#1&!"*,(@+,%&0(&7(-1-A&BC(&#(&1"%%&.'5("%&'1&1"&*,1;&)+"+*.)&2%&;-%"&0(& !"6(-(?(,('&);%,%*1-1%&)+13&;("*,1&#+&!"#+&"1&'&'*%")&0(F/.-*',('&#.5;-(*+Q&#'&1,5',(3&2%&%"*(-%?("6'&0(&
/%'6+3&%',&'-6%%&!-&'1&)-'@&2%&@.-"'/D&C(&#(&1"%%&)1"*&7,15.2%&2%&0%"&7%%"6'&-.,&,();%,+&0%)*%"#6%'3&%',&'-6%%& #',(&0+&0./'0+&()*(&,(01)+8&9(&5+)1,+&#(&#,(2*(&#.;%-1-3&("#(7'-1-&)+1&)(&.,?'"%F('F+&2%&%"*(-%?("6'&-1%&
'1&.&!"7+6%2',(&?,.).-'"+&2%&@,1*'-+D&C(&#(&1".,'&-%&):'&0'*&.&%"*(-%?("6+&/%(3&%',&'-6%%&)1"*&'"%5'6%&0(& )(&','*+&*.*&5'%&#-',+8&H+*,(&@+*,4"(6(3&#(-1-(-(&"(,/.')(&!"#(;&)+&0(?("(,(F(3&2%&0%"&'#(')*+&#'1F+&
;16%"(&?4"01,%3&2%&'#(-('&#."71F(DE (L*(,%.,%F',(' & );%,%*1-1% & 0(#-%"+ & 0%" & F% & !" & F%3 & 7+#4"01:)( & ?,(1 & 2% & #."71F8 & H4"0 & 5.',*(' & 0%)*,1?(&
H1&51-6%&'"%&!"&1,5+3&*,(#+*.,%%&;1*('1&/(0('&;(&*,(;*(-(&T"%/(,)%*+6%%&0%"&p1#1,(2*%&1"&.5&5%#3&Q& )%)*(51-& #(,(@,'- &: & %")*,15("*1-& );%,%*1-1%3&'#()*'& "1& )( &5'% &;.'*(& (L;,%5'&!" & -15(' &7%F%#+3& 0',&
#."2*%%"6'&;(,)%)*+3&;("*,1&#+&()*(&.&!")12%,(&'&);%,%*1-1%&:&#.")(#%"6'&1"(%&/')*(&!"/+6+*1,%&0.@4"0%*(&
0%7.,58&I/('&';,.';(&dq&0(&'"%3&0',&*,1;1-&)+1&"1&(,'&5'%&5',(&0(#4*&'-&1"1%&#.;%-&0(&v&'"%8&p,'6(-(&A&!%& !"&-1"?'&)(,%(&0(&(L%)*("6(&;,%"&#',(&'&*,(#1*8&I2'0',3&);%,%*1-&*,+%"0&/(2"%#3&(L%)*("6'&#."2*%%"6(%&
(,'1&!"#$%,#%*(3&#';1-&5',(3&%',&;%#%.',(-(&',#1%*(8&R6%&(,'&?,(1&)+:<&;,%/(2*%8&!2%&#42*%?'&(L%)*("6'&Q& .5("(2*%&"1&0(;%"0(&0(&)%)*(51-&#(,(@,.);%"'-3&01;+&#15&1"&',*%)*&"1&0(;%"0(&0(&/%.','&)'8&S)*(&
/4"F4"0&;%(;*("%3&@1*."%&0(&5'"2(*+&2%&51-*(&'-*(&"%5%#1,%8&T"%/(,)1-&)+1&%"*(-(#*1'-&)(&-%5%*'&-'&M& '0(/+,'*&#+&);%,%*1-&)'1&#."2*%%"6'&:&')(5("('&51F%#%'"1-1%&:&',(&"(/.%(&0(&1"&%")*,15("*3&;("*,1&'&)(&
,+);4"*%%-(&1"0(&!2%&;(*,(#('&/%'6'8&C'#+&):',&#.5;','&)+,+#%'&'#()*(%&/%(6%3&)17(,%"6(-(&-1%&5.,'-(3&e& (L;,%5'&!"&-15('&7%F%#+3&2%&#+&'#(')*+&5'"%7()*',(&/'&7%&#1&'*4*&5'%&7%0(-&2%&5'%&'05%,'@%-&,(0'*+3&#1&
0.,%"6'&-1%&/'?+&0(&%1@%,(3&F%-(-(&)'-(&*,%)*(3&.,%F."*1-&#1".2*%"6(-.,&)'-(&,()*,4")(33&#1&(L%)*("6'&-%;)%*+& #4*&%")*,15("*1-&:&)%)*(51-&#(,(@,'-3&/'&7%&5'%&@%"(&.,?'"%F'*8
0(&?,%=%&'&1".,'&'7-'6%&!"&;-("%*10%"('&7%F%#+&2%&5("*'-+3&.,%&#1&0()7+*',('&)("*%5("*'-+&2%&5.,'-+3&#1& S"*%*'*('&);%,%*1'-+3&')(5("('&*,1;1-1%3&',(&.&/4,)*+8&SL%)*+&);%,%*(&*%"(,(&2%&'-*(-(&@+*,4"(3&!")+&"1&
!"6(-(?(,('&-',?+&'&'-*.,'3&51-*.,'&0%"*,(&".%&"%&):',&*1-@1,'&5%"*('&2%&"1&'5&5'%&;1*('&);1"(&"%#%&1"& (L%)*+&1"&;','-(-%)5&!"*,(&*,1;&2%&);%,%*&!"&;,%/%"6'&/4,)*(%&*,1;1-1%8&S/%0("*3&#4"0&);%,%*1-&'&7.)*&*,%5%)&
#1/4"*8 0(&P'*+-&#(,()#&!"&-15(3&;("*,1&'&#1".'2*(&2%&!"/+6'3&(,'&-'&!"#(;1*1-&#',%(,(%&)'-(&(/.-1*%/(8&U%-%.'"(&
I#()*('&)1"*&7';*(-(3&2%&*1&:&#',(&2*%%&#+&!"&0.)1-&'#()*.,&%"(?'-%*+6%&(L%)*+&*.*12%&.&0,(;*'*(&:*(& 0(&)(#.-(&):'1&!"2%,'*3&2%&(-&:&;(,(?,%"4"0&;,%"&0%7(,%*(&;-'"(*(3&)%)*(5(&).-',(&2%&1"%/(,)1,% &EO&):'&
54$"(2*%&0(.',(#(&"1&.&;.6%&0(5.")*,'&;(&!"6(-()1-&*1*1,.,8&P.6%&*(&#.5@'*&#1&(57'F+&2%&!6%&',1"#+&!"& ,%0%#'*&!"&!"6(-(?(,(&2%&;1*(,(3&0(/("%"0&*.*&5'%&@1"&#1".)#+*.,&'&*.*&#(&'&#,('*&o%%"6'&)1;,(5+8
7'6+&7(-&0(&7(-&0(&',?15("*(8&U'*(,%'-%)*1-3&)#(;*%#1-&2%&'*(1-&*(&/.,&!"*,(@'A&B9("*,1&#(&1"&#.;%-&)(&
"'2*(&!"*,:1"&@.,0(%3&#."0'5"'*&;,%"&!")+2%&"'2*(,('&)'&-'&.&/%'6+&,()*,4")+3&%',&1"&'-*1-&)(&"'2*(
\Z >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&a&C,%7'&#',*( H(!"*,14',( \[
'

H1 & '-*(& #1/%"*(3 &01;+&#15&(L%)*+&.&(/.-16%( & '&7.,5(-.,&0(&/%'6+& 5%"(,'-+3&/(?(*'-+3 &'"%5'-+ &2%& ;("*,1&'&!"/+6'3&'&)17(,%3&'&0.@4"0%&(L;(,%("6+&2%&'&)(&,%0%#'&5(,(13&0%"&*,(';*+&!"&*,(';*+3&#+*,(&
15'"+3&*.*&')*7(-&(L%)*+&.&#."*%"1+&2%&/(2"%#+&(/.-16%(&;("*,1&);%,%*8 );%,%*1'-%*'*(8
G'&!"#(;1*3&/%'6'&)(&','*+&:&#(-&;16%"&;("*,1&?-.@1-&".)*,1&:&;,%"&7%%"6(&%"7%"%*&0(&5%#%&2%&(L*,(5&0(& G'& !"#(;1*1-& (/.-16%(%& ".')*,(& .5("(2*%3& (,'5& )+-@'*%#%3&0(.',(#(&;1*(,%-(&".')*,(&5.,'-(& 2%&
)%5;-(3 & #',( & !" & 0(#1,)1- & 5%-%',0(-., & 0( & '"% & ):'1 & 0(F/.-*'*3 & ;,%" & (/.-16%(3 & );,( & 7.,5( & *.* & 5'%& %"*(-(#*1'-(&'@%'&(,'1&*,(F%*(8&C1;+&#(&'5&;',#1,)&5'%&51-*(&/%(6%&!"&'#()*(&#."0%6%%&;,%5%*%/(3&"(:'5&
#.5;-%#'*(3&)74,2%"0&#1&.51-8&J1&(L%)*+&"%#%&1"&5.*%/&)+&#,(0(5&#+&'#(')*+&(/.-16%(&"1&/'&#."*%"1'& ,%0%#'*&;16%"&5'%&)1)3&"(:'5&0(F/.-*'*&!"#(*&7'#1-*+6%-(&5("*'-(&2%&5.,'-%*'*('3&2%&"(:'5&"+)#1*&!"*,:.&
5(,(1&!"&/('#1,%-(&1,5+*.',(3&';+,4"0&".%&7.,5(&0(&;-'"*(3&'"%5'-(&2%&.'5("%8 #%/%-%F'6%(&#(/'&5'%&'/'")'*+8&!"&'#()*(&!"*,1;+,%&0%7(,%*(&'5&)17(,%*&51-*3&;("*,1&#+&'5&7.)*&;(,/(,2%3&
c(/%"&!"#+&.&0'*+&')1;,'&%0(%%&0(&(/.-16%(8&SL%)*+&0.1+&)(,%%&0(&(/.-16%%A&(/.-16%'&#.,;1,%-.,&)'1&'& ;')%."'6%&2%&#4*(.0'*+&#,%5%"'-%8&C',&;(&5+)1,'&*,(#(,%%&)(#.-(-.,3&01;+&#(&'5&)(5+"'*&0()*1%&,+13&
7.,5(-.,3&2%&(/.-16%'&);%,%*1-1%&#',(&'"%5+&'#()*(&7.,5(8&I5&/+F1*&0%"&,4"01,%-(&;,(#(0("*(&#+&;(& /.#('&#."2*%%"6(%&".')*,(&'&!"#(;1*&)+&)(&7'#+&'1F%*+&0%"&'04"#1-&*'%"%#&'-&7%%"6(%&".')*,(3&(/%*4"0&
5+)1,+&#(&);%,%*1-&)(&,%0%#+&-'&.&#."2*%%"6+&5'%&!"'-*+3&#'1*+&)+&#."01#+&.&7.,5+&5'%&;(,7(#6%."'*+3& ')*7(-&)+&5'%&7'#(5&'#6%1"%&,(-(8&C%"&'#()*&5.5("*3&"(:'5&"+)#1*&!"*,:.&6',+&#%/%-%F'*+8
5'%&)1@*%-+&2%&5'%&@%"(&.,?'"%F'*+8&N,'6%(&'#()*.,&7.,5(&)1;(,%.',(3&#."*'#*1-&);%,%*1-1%&#1&-15('& 9(&5+)1,'&!"51-6%,%%&!"*,1;+,%-.,3&"(&,%0%#+5&7'#1-*+6%-(&%"*(-(#*1'-(&2%&5.,'-%*'*('3&?,'6%(&0%)#%;-%"(%&
!"#."=1,+*.',(&()*(&5'%&;,.71"03&%',&5'"%7()*+,%-(&)'-(&)1"*&5'%&7%0(-&(L;,%5'*(8 2%&;,()%1"%%&-(?%-.,&).#%'-(8&K1"*(5&!"#+&"(2*%1*.,%3&#';'@%-%&0(&'&7'#(&2%&#4*(&.&7';*+&?,.).-'"+3&2%&#1&
S"*%*'*('&);%,%*1'-+&!2%&#42*%?+&0%"&-15('&(L*(,%.',+&!"6(-(?(,('3&%-15%"',('3&?,'6%(&1"(%&;1*(,%& *.'*(&'#()*('&"(&,%0%#+5&5(,(13&;(&)#','&@%"(-1%&2%&'&;(,7(#6%1"%%8
'7-'*(& !"& )*',(& -'*("*+3& ;.*("6%'-+3 & !" & )#4"*(%' &0%/%"+8 &I5&;1*('& #.5;',' & 7'#1-*+6%-(&);%,%*1-1% &#1& [%(6%-(&*,(#&')*7(-&1"(-(&01;+&'-*(-(3&7%(#',(&'01#4"0&@1#1,%%&2%&01,(,%3&#%,#15)*'"6(&7'/.,'@%-(&2%&
7'#1-*+6%-(&'#151-'*(&!"*,:.&)+54"6+8&C(&(L(5;-13&!"&)+54"6'&0(&)*(=',&)1"*&#1;,%")(&*.'*(&#'-%*+6%-(& .@)*'#.-(&0(&*.*&7(-1-3&)1##()(&2%&"(,(12%*(&:&*.'*(&'/4"0&)#.;1-&0(&'&"(&7'#(&)+&'=1"?(5&7%%"6(&#',(&
'#()*(%&;-'"*(8&U+,%5('&#.;'#1-1%3&7.,5'&7,1"F(-.,3&'&7-.,%-.,3&7,1#*(-.,3&*.'*(&#'-%*+6%-(&;+,%"*(-1%& ;.)(0+&#1".2*%"6(&#4*&5'%&51-*(&0();,(&/%'6+3&#1&(L;(,%("6(&7(-1,%*(&2%&.&%"*(-%?("6+&/')*+8&P,(;*'*&
)1"*&)*,4")(3&#.5;,%5'*(&!"&)+54"6+8&S-(&"1&'2*(';*+&0(#4*&5(0%1-&;,.;%#(&0(&0(F/.-*',(3&;("*,1&'&)(& !"#(;(5 & )+ & ?4"0%53 & )+ & ,(7-(#*+53 & !"'%"*( & 0( & ' & ;.,"% & -' & . & '#6%1"(3 & "(5'%-+)4"01:"( & *4,46% & 0(&
*,'")7.,5'&!"*,:1"&7'-"%#&#.;'#8 )("*%5("*(&"(,(F."'@%-(3&0(&;')%1"%&)'1&0(&%5;1-)1-&5.5("*1-1%8
P.*&')*7(-3&);%,%*1-&#'1*+&5(0%1-& #.,();1"F+*.,&0(F/.-*+,%%&7'#1-*+6%-.,& )'-(8&I#()*&5(0%1&()*(& 9("*,1&'&;,.7%*'&0(&.@)(,/'6%%-(3&)17(,%"6(-(3&;%(0%#%-(&2%&)(,%'&!"*,('?+&0(&01,(,%&2%&@1#1,%%&'-(&
7.,5'&;(&#',(&;,%"&/%@,'6%%-(&)'-(&.&/'&;(,7(#6%."'&0%"&#(&!"&#(&5'%&51-*8&C',&;(&#4"0&)+54"6'&)(& /%(6%%&*(,()*,(&:&#',(&"(&01#3&/,4"0:"(/,4"03&;(&0,151-&1"(%&(/.-16%%&-1"?%3&-("*(3&;("%@%-(&:&()*(&
0(F/.-*+&!"&#46%/'&'"%3&);%,%*1-&!2%&;1"(&!"&/'-.',(&*.'*(&;1*(,%-(&2%&7'#1-*+6%-(&!"*,:1"&*%5;&0(.)(@%*&0(& "(#()',&)+&"(&,(*,'?(5&0(;',*(&0(&;+54"*3&!"&5%=-.#1-&1".,&".%&#."0%6%%3&#(-(&'-(&-15%%&%"/%F%@%-(8&
5',(3&0(&5%-%',0(&0(&)(#.-(8&9("*,1&#'&'#(')*+&0(F/.-*',(&)+&'%@+&-.#3&);%,%*1-&#.-%"0+&0%"&*,1;&!"&*,1;3& C1;+ & 7%(#',( & ,(!"*,1;',(3 & ;("*,1 & ' & 7'#( & @%-'"61-3 & ;("*,1 & ' & #4"*+,% & 7';*(-(3 & /.,@(-(3 & ;(,#(;6%%-(3&
0%"&#(&!"&#(&5'%&7%"3&5'%&5-+0%.)3&5'%&@%"(&'-#+*1%*8 )("*%5("*(-(3&@1#1,%%-(&2%&01,(,%-(&".')*,(3&"(&,(*,'?(5&!"&-15('&#(,(')#+3&7%(#',(&!"&)7(,'&0(&#',(&
K%)*(51- & #(,(@,.);%"'-3 & 7.,5'* & 0%" & "15(,.')( & #(-1-( & "(,/.')(3 & #1 & "15(,.')( & ,'5%7%#'6%%& ';',6%"(8&a&%5'?%"(&;'-%0+&'&'#()*(%&,(*,'?(,%&',&7%&'#(('&'&"(?1)*.,1-1%&#',(&*.'*+&F%1'&):'&)*,+01%*&!"&
;,.*.;-')5'*%#( & 2% & )%"';)( & "(,/.')(3 & ()*( & 1" & %")*,15("* & #',( & ;,%5(2*( & %5;,()%% & 0%" & '7',+ & 2% & -(& ;,+/+-%'&)'3&;("*,1&@1"1-&5(,)&'-&'7'#(,%-.,3&2%&)(','&)(&,(*,'?(&#1&#."0%#%-(&'#')+3&)+&7'#+&).#.*('-'&
*,'")5%*(&)17-(*1-1%8&!"&)*',('&0(&/(?$(&'&*,1;1-1%3&);%,%*1-3&#."01#+*.,1-&*,1;1-1%3&;,%"&%"*(,5(0%1-& F%-(%&,();(#*%/(A&#4*&'&/4"01*3&#4*&'&#15;+,'*3&#4*&',(&0(&;-+*%*&2%&0(&!"#')'*8
)%)*(51-1%&#(,(@,.);%"'-&2%&'-&)17-(*1-1%3&#1-(?(&5(,(1&%"7.,5'6%%3&!"/+6+5%"*(3&;(&#',(&-(&'01"+&!"& !"&1,5'&'"'-%F(-.,&(7(#*1'*(&!"&)7(,(-(&)1;(,%.',(&'-(&'*5.)7(,(%&7-1%0%#(&*(,()*,(3&"%&)(&0(F/.-*+&
"(;%(,%*.',('&)'&#.5.',+&0(&#1".2*%"6(8&C',&#."2*%%"6'&)*+,%%&0(&/(?$(3&0%"&*%5;1-&F%-(%3&()*(&"15'%& 7'#1-*+6%-(&5("*'-(3&#,(2*(&)%561-&".)*,1&5.,'-3&);%,%*1'-%*'*('&"%&)(&0(2*(';*+8&C(.',(#(&'5&0.@4"0%*&
1"&(;%).0&0%"&#."2*%%"6'&.5("(')#+8&J.';*('3&(/'04"0&0%"&#.,;1-&7%F%#3&);%,%*1-&',(&.&;1*(,(&0(& !"&"15(,.')(-(&".')*,(&/%(6%3&!"&-15('&#%/%-%F'*+3&.&)15+&0(&(L;(,%("6(3&)1"*(5&;(&#'-(&0(&'&0(/("%&
!"6(-(?(,(&5'%&5',(3&(L;,()%'&)'&()*(&5'%&-15%".')+3&0(.',(#(&"1&5'%&()*(&!"?,+0%*&0(&*,1;1-&0(")3& ?4"0%*.,%&5'%&;,.71"F%&2%&.#1;+5&.&)%*1'6%(&:&,(-'*%/&%5;.,*'"*+3&;(&)#','&).#%'-+8&T"%%&0%"*,(&".%&
"1&5'%&',(&0'*.,%'&)+&-15%"(F(&#."2*%%"6'&'#()*1%'8&9,%"&1,5',(3&#."2*%%"6'&()*(&'*,%@1*1-&);%,%*1-1%&2%& )1"*&5'%&'/'")'6%3&7%%"0&#1".)#16%&0(&-15(&#'&?1/(,"'*.,%&'%&#%/%-%F'6%(%3&7%(&;,%"&);-("0.',('&%"*(-%?("6(%&
;(,)%)*+&01;+&;+,+)%,('&*(5;.,',+&)'1&0(7%"%*%/+&'&#.,;1-1%&7%F%#3&7%%"0&5'%&-15%".')+&0(#4*&',1"#%& -.,3&7%(&;,%"&7,151)(6('&#','#*(,1-1%&-.,&5.,'-3&.,%&;,%"&;,.71"F%5('&/%F%1"%%&);%,%*1'-(8
#4"0&);%,%*1-&(,'&;,%F."%(,&*,1;1-1%8 !"&*.'*+&'#(')*+&#'-(&-1"?+&:&0(&5%%3&0(&F(#%&0(&5%%&0(&)(#.-(&:&"1&(L%)*+&7'/.,%*%)5Q&)#.;1-&()*(&
U%#161-&#.;%-3&()*(&5%#16&"15'%&#1&*,1;1-3&#+#%&"1&)(&2*%(&#(&7.,6+&);%,%*1'-+3&#(&*'-("*3&#(&?("%1& #,(2*(,('&2%&0(F/.-*',('&#."2*%%"6(%8&K*',('&'*%")+&0(&1"%%&.&/.,&'*%"?(&2%&'-6%%&!"&/%%*.,3&0'#+&/.,&2*%&)+&
F'#(&!"&(-&!"&)*',(&-'*("*+8&H%"(&2*%(&#(&#."2*%%"6+&;1*(,"%#+&'2*(';*+&5.5("*1-&)+:2%&0(F/.-*(&|& 1*%-%F(F(&(L;(,%("6(-(&-.,&0%"&*,(#1*8&T"%%&)1"*&!"'%"*'6%&2%&'1&5'%&51-*+&;1*(,(3&;("*,1&#+&(/.-16%'&-.,&
%")*,15("*1-&7%F%#3&;("*,1&':2%&5'"%7()*'&;1*(,('&0(&!"6(-(?(,(3&#1-(')+&!"&5%-%.'"(&0(&/('#1,%&;,%"&'-*(& '&!"#(;1*&5'%&0(&51-*&2%&'1&.&(L;(,%("6+&5'%&@.?'*+8&K+&"1&"(&54$"%5&#4"0&/(0(5&#+&1"%%&0%"*,(&
/%(6%3&;(*,(#1*(&;(&'#()*&?-.@&2%&;(&51-*(&'-*(-(8 #.-(?%%&".2*,%&)1"*&!"&#-')(&)1;(,%.',(3&;("*,1&#+&/.5&'=1"?(&2%&".%&'#.-.Q&(&/.,@'&"15'%&0(&*%5;8&
c(!"*,1;',('&()*(&'#*1-&);%,%*1-1%&0(&'&!5@,+#'&!"&0(#1,)1-&)(#.-(-.,3&,4"0&;(&,4"03&*,1;1,%&".%8& !"'%"*('&".')*,+&)1"*&);%,%*(&@+*,4"(3&%',&!"&1,5'&".')*,+&/%"&);%,%*(-(&*%"(,(3&2%&'#()*&-'"6&5(,?(&-'&
o(".5("1-&'#()*'&',#&-.#&!"&*.*&1"%/(,)1-3&!"&"'*1,'&!"*,('?+3&"1&"15'%&!"&,(?"1-&15'"8&9,(*1*%"0("%& %"7%"%*8&9(&#4"0&5%-%.'"(&0(&("*%*+6%&);%,%*1'-(&*,(#&0%"*,:.&#-')+&!"&'-*'3&;("*,1&'&'=1"?(&)#.;1-&7%"'-&:&
1"0(&/(0(5&.&7.,5+&/%(61%*.',(3&)+&7%5&)%?1,%&#+&(L%)*+&1"&);%,%*&!"#$%)&!"&'#('&7.,5+3&1"&);%,%*&'7-'*& 4(,;(#.%1"(' & 5%0%"+/ &'-*( & 5%-%.'"( & 1,5('F+ & 5(,(1 & ;( & 1,5(-( & -.,8 &I)*7(-3 & -' & -15%"' & ,(!"*,1;+,%%3&
;(&0,151-&(/.-16%(%3&'-&;(,7(#6%1"%%8&S-&)(&)(,/(2*(&0(&'#(')*+&7.,5+&7%F%#+&;("*,1&'&#42*%?'&#1".2*%"6(& ;1*(5&)+&"(&,(;,(F("*+5&15'"%*'*('&1,#4"0&.&%5(")+&)#',+3&'-&#+,(%&#';+*&%"7(,%.,&)(&)#171"0+&!"&
2%&(L;(,%("6+3&;("*,1&0(F/.-*',('&/.%"6(%&2%&!"/+6',('&%1@%,%%8 !"#(;1*1-&.@)#1,&'-&;,%5%-.,&;'2%3&2%&'-&#+,1%&#';+*&)1;(,%.,&)(&;%(,0(&!"&?-.,%'&P'*+-1%&0%/%"8&J1&
P,1;1-&15'"&7%%"0&1"&%")*,15("*&0%"&#(-(&5'%&;(,7(#6%."'*(&0(&;(&;+54"*3&;(,5%*(&);%,%*1-1%& #1".'2*(5&-1"?%5('&'#()*(%&)#+,%3&0',&'#(')*'&":',(&"%#%&.&%5;.,*'"6+Q&#(('&#(&(&%5;.,*'"*&()*(&#+&"(&
5'"%7()*+,%-(&#(-(&5'%&!"'-*(3&"(!"*4-"%*(&!"&,(?"1,%-(&%"7(,%.',(8&G'&"%#%&1"&/%(61%*.,&"1&?+)%5&1"& ?+)%5&'#15&;(&1"'&0%"&*,(;*(-(&(%&2%&#+&-.#1-&".)*,1&!"&1,#121-&'#()*(%&)#+,%&"%:<&','*+&%1@%,('3&
#("*,1&"(,/.)&5'%&#.5;-(L&'-#+*1%*&0(#4*&-'&.58 5.,'-%*'*('3&#15%"6("%'3&/.%"6'&2%&%"*(-%?("6'&0(&#',(&0+5&0./'0+8
H4"0&)*10%(5&"'*1,'3&/')*1-&;-'"&'-&1"%/(,)1-1%3&.@)(,/+5&#15&#.")(,/',('&7.,5(%&"1&',(&"%#%&.& U',%% & @+,@'6% & 2% & 5',%-( & 7(5(% & '-( & '#()*(% & -15%3 & ;,%" & /%'6' & 2% & ;,%" & (7.,*1- & -.,3 & "1 & )1"* & 0(#4*&
%5;.,*'"6+3&#15&"'*1,'&"1&7'#(&(#.".5%(&0(&7.,5(8&U.',*('&()*(&;,(*1*%"0("%8&J("15+,'*(&#.,;1,%& (L;."("6%%&1".,&(L;(,%("6(3&'&1"(%&-1"?%&)(,%%&0(&,(!"*,1;+,%8&R"0%/%01'-%*'*('&".')*,+&()*(&*.*0('1"'&
7%F%#(&)(&0%)*,1?&;("*,1&#'&0%"&5'*(,%'&-.,&)+&)(&7.,5(F(&'-*(&#.,;1,%3&!"&#',(&)+&/%"+&)+:2%&=&7'#+&2#.'-'& '#(('2%3&#1&*.'*(&#+&;1*(5&)+&!5@,+#+5&1"&*,1;&5')#1-%"&!"*,:.&!"*,1;',(3&2%&1"&*,';&7(5%"%"&!"&'-*'8&
/%(6%%&1"&".1&);%,%*8&J'*1,'&0%)*,1?(&7.,5(-(3&7+,+&"%#%&.&5%-+3&0',&("*%*+6%-(&);%,%*1'-(&#',(&-(&1*%-%F('F+3& I#(')*'&;("*,1&'&',5."%F'&2%&#.5;-(*'&(/.-16%'&".')*,+8
(L%)*4"0&5(,(13&;+)*,('F+&*.'*(&'5%"*%,%-(3&*.'*(&7'#1-*+6%-(3&01;+&5.',*('&#.,;1-1%&7%F%#3&7'#1-*+6%-(& !"&7%(#',(&!"*,1;',(&'/(5&1"&#.,;&7%F%#&0%7(,%*3&1"&"15(&0%7(,%*3&;+,%"6%%&".2*,%&;.*&7%&("*%*+6%&
5'"%7()*4"01:)(&5'%&0(;',*(3&#4"0&);%,%*1-&/'&*,(#(&!"&'-*&#.,;8&C(&'%#%&*,'?(5&e&#."#-1F%'A& );%,%*1'-(&0%7(,%*(3&0',&'#()*(&)#$%5@+,%&"1&"(&!5;%(0%#+&0(-.#&)+&"(&;+)*,+5&%"0%/%01'-%*'*('8&!"&
,(!"*,14',('&()*(&*,(#(,('&1"2,&;%%".(&#2"3*%("*(&"(4%(,%*2',(/&!"*,61"&'8*&#2,4&;%M%#/&e&42*,%0%*&)*'5%181%& 5.5("*1-&"'2*(,%%&!"&-15('&7%F%#+3&("*%*'*('&);%,%*1'-+&"1&%()(&0%"*,:1"&.#('"&0(&/%'6+3&#15&.&#,(0&
82,&(0281*%0/&4,2#()&4,%"&#',(&)4%,%*18/&;%%".'&#2"3*%("*+/&0'&81'&7'%&5(4',*(&#1"23*%".+&e&5(&;'4*(&3%&81#,1,%& 1"%%&7%-.).7%3&%',&5.',*('&@%.-.?%#+&"1&"(&7'#(&)+&"(&;%(,0(5&)("*%5("*1-&(L%)*("6(%&%"0%/%01'-(8
5%"&817('&;%M%#+/&8(&0'&'"'8%M'&3%&0'&*,'-(&!"0+.+7%"*(9 S"*%*+6%-(&);%,%*1'-(&":'1&)(L3&0',&;-'"1-&(/.-16%(%&)*'@%-(2*(&1"&)(L&#.,;1-1%&".)*,1&7%F%#3&?("(,4"0&
C%"&'#()*&;1"#*&0(&/(0(,(3&9+54"*1-&:&#'&2%&1"%/(,)1-&!"*,(?&:&()*(&.&/')*+&2#.'-+8&!"*,:'0(/+,3&e& 7'5%-'3&#+5%"1-3&,();.")'@%-%*'*('&;("*,1&#.;%%3&)'#,%7%#%1-&;(,)."'-3&,(-'6%%-(&0(&'7(#6%1"(&;,%"&#',(&
"'*1,'&()*(&0()*%"'*+&)+&.7(,(&7%%"6(-.,&/%(61%*.',(&(L;(,%("6(&0(&*.*&7(-1-3&;("*,1&'&-(&)*%51-'&!"& *(5;(,'5("*(&0%7(,%*(&/%"&!"&#."*'#*&:&!"*4-"%,('&-.,&'/4"0&.&5',(&/'-.',(&(01#'*%/+8
0(F/.-*',('&-.,3&7.,54"0&')*7(-&.&)1##()%1"(&%"7%"%*+3&0%"&#',(&,(?"1-&7%F%#&#1".)#1*&"1&7.,5('F+&0(#4*& P,1;1-&".)*,1&',(&"(/.%(&0(&$,'"+3&0(&!5@,+#+5%"*(&2%&0(&-.#1%"6+3&%',&(7.,*1,%-(&0(;1)(&;("*,1&
.&5%#+&;',*(8 .@6%"(,('&'#()*.,&@1"1,%&5'*(,%'-(&'1&01)&-'&0(F/.-*',('&#%/%-%F'6%(%8&I)*7(-&):'&0(F/.-*'*&7.,6'&7%F%#+3&
C1;+&#15&1"&2#.-',&#',(&)(&01#(&!"&7%(#',(&F%&-'&2#.'-+&!"/'6+3&7'#(&(L;(,%("6(&2%&)(&,%0%#+&0%"*,: H.,'-+&2%&5("*'-+&'&.'5("%-.,8&G.#1%*.,%%&F."(-.,&#1&.&#-%5+&#'-0+3&*,.;%#'-+&:&1"0(&"'*1,'&.7(,+&
.&#-')+&!"&'-*'3&("*%*'*('&);%,%*1'-+&#.@.',+&0(&51-*(&.,%&;(&;+54"*3&-'&5',('&2#.'-+&'&/%(6%%3 },'*1%*&*.*&#(&()*(&"(#()',&.51-1%&:&)1"*&-("(2%&2%&"(#%/%-%F'6%8&H,(2*(,('&2%&0(F/.-*',('&".')*,+&()*(

CFG
\\ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&:&C,%7'&#',%( H(!"*,14',( \T
'

5'%&,';%0+&#4"0&#%,#15)*'"6(-(&(L*(,%.',(&"(&7.,6('F+&)+&?4"0%5&2%&)+&-1#,+5&;("*,1&'&)1;,'/%(61%8& . &7.,6+&7.',*(& ;1*(,"%#+3 &. & -15%"+ &/%(&;("*,1& /%%*.,3 &;("*,1 & /%'6' & 1,5+*.',(8&I*1"#%& /.5& /(0('&
K1"*(5&#1&'*4*&5'%&7'/.,%F'6%3&#1&#4*&/%'6'&"(&()*(&5'%&'#*%/+Q&(/.-1+5&#1&'*4*&5'%&,(;(0(3&#18&#4*& ,(/("%,('&;(&;+54"*&)1@&1"&'-*&');(#*8
/%'6'&"(&()*(&5'%&0%7%#%-+3&*,(#1*+&;,%"&01,(,%8 C'#+&"(&?4"0%5&"15'%&-'&;-+#(,%-(&".')*,(3&,(!"*,1;',('&()*(&.&;(,);(#*%/+&*.*&'*4*&0(&"(;-+#1*+&
U(#'"%)51-&/%(6%%&15'"(&()*(&')*7(-&'-#+*1%*&0(&N1/(,"'*.,1-&)%)*(51-1%&".)*,1&;-'"(*',3&#'&.51-& #'&2%&'#(('&0(&'&;',#1,?(&0%"&".1&'"%%&-1"?%&0(&)*10%1&;,%"&2#.'-+8&C',&0'#+&2*%5&#+&;,%"&,(/("%,('&
)+:2%&#,.%')#+&)%"?1,&#'-('&;,%"&".%'"1-&"(/.%-.,&/%(6%%8&S)*(&'0(/+,'*&#+&(&;+F%*3&#."01)&!"&5.0& ".')*,+&1,#+5&*,(;*(-(&#',(&"(&01#&-'&-15%"'&!"6(-(?(,%%&2%&-'&;1*(,('&0%/%"+3&#+&,(/("%"0&!"&-15(3&
"(/+F1*3&)7+*1%*&5("*'-&;(&#(&0,15&)+&';1#(3&0',&!"&0(7%"%*%/&.51-&',(&-%@(,1-&)+1&',@%*,18&o(,%#(&0(& ;1*(5&7%&1*%-%&'#()*(%'3&#."*,%@1%"0&-'&7(,%#%,('&)(5("%-.,3&%0(('&,(!"*,1;+,%%&"(&15;-(&0(&("*1F%')5&
)17-(*1-&)+13&0'#+&/'&-1'&#'-('&#('&0,(';*+&'&5.,'-%*+6%%3&'&#%")*(%&2%&'&%1@%,%%8&['%&0(&/%'6'&)'&/%%*.',(3& 2%&"(&%")17-+&/.%"6'&0(&'&,(/("%8&C(&'-*7(-&*,(@1%(&)+&2*%5&:&%',&0'#+&"1&/,(53&/%'6'&"(:.&/'&0(5.")*,'
!"&".1'&)'&!"*,1;',(3&0'#+&)(&/'&'@'*(&0(&-'&0()*%"1-&'-()&0(&(-3&;(&#4"0&)(&'7-'&!"&-15('&%"/%F%@%-+8 : #(-(&5'%&51-*(&01,(,%&.5("(2*%&;,./%"&0%"&7';*1-&#+&"1&')#1-*+5&0(&'"15%*(&;,%"#%;%%&5.,'-(8
H4"0&/.5&2*%&)+&"(&#."01#(5&!"&-15(&')*7(-&#'&7';*(-(&".')*,(&)+&7%(&!"&,(F."'"6+&#1&',5."%'
U(*.0(-( & ".% & 0( & (01#'6%( & '1 & 0(5.")*,'* & #+ & #(- & 5'% & @1" & 5%=-.# & 0( & ' & 0(F/.-*' & %"%6%'*%/' & 2%& 1"%/(,)'-+3&/.5&#1-(?(&,(F1-*'*(&7(,%#%*(8
%"*(-%?("6'&#.;%-1-1%&()*(&0(&':<&-+)'&-'&;,.;,%'&-1%&=10(#'*+3&.7(,%"01:%&;,%-(=1-&0(&':2%&(L(,#%*'&)%"?1,&
7'#1-*+6%-(8&K;1"4"01:%&*.*1-3&(L;-%#4"01:%&*.*1-3&%&)(&;.'*(&0(F/.-*'&5(5.,%'3&0',&!"&,()*&#.;%-1-& $'''$''',$
,+54"(&0(&.&)-+@%#%1"(&0(&;-4")8&H(('&#(&()*(&'0(/+,'*&;("*,1&0(F/.-*',('&2%&(01#'6%'&1"1%&#.;%-3&
()*(&'0(/+,'*&2%&#.,();1"0(&2%&2#.-',1-1%&/%(6%%&*(,()*,(8&I;-%#4"0&;,%"#%;%%-(&0(&5'%&)1)3&!"6(-(?(5& U',(-(&)#.;& '-& ,(!"*,1;+,%%&()*(& (01#'6%'8& C%"&'#()*&5.*%/&"(& "'2*(5&5(,(1&;(&;+54"*3& "1&
;("*,1&#(&)1"*&"(#()',(&.@)*'#.-(&0(&*.*&7(-1-&!"&#1,)1-&/%(6%%&2%&;("*,1&#(&#$%',&?,(2(-%-(&".')*,(&)1"*& ;("*,1&#+&'5&7%&)%-%6%&0(&#%"(/'3&#%&;("*,1&#+&("*%*'*('&);%,%*1'-+&:&!"&*%5;1-&2(0(,%%&)'-(&!"&);'6%1
%"0%);(")'@%-(&;,.?,()1-1%&".)*,1&);%,%*1'-8 : !"6(-(?(&-(?%-(&0%/%"(&#',(&?1/(,"('F+&!"&1"%/(,)3&!"6(-(?(&-(?('&(/.-16%(%&2%&"(#()%*'*('&')#(")%1"%%
c(!"*,1;',('&"1&!")('5"+&#+&);%,%*1-&.51-1%&,("'2*(&!"*,:1"&*,1;&0(&'"%5'-8&I#(')*+&#,(0%"6+&'& );%,%*1-1%&;(&)#','&%"7%"%*+&'&);%,%*1'-%*+6%%8&J(&!"*,1;+5&5(,(13&;("*,1&#+&C%/%"1-&'&)+0%*&!"&()("6'
7.)*&,+);4"0%*+&!"&;.;.,&0(&;,(.6%%&(?%;*("%3&')%,%("%&2%&%"0%("%3&#'&.&);(,%(*.',(&;("*,1&.51-&%5.,'-&2%& ".')*,+3&!"&)#4"*(%'&0%/%"+3&0.,%"6'&"(!"7,4"'*+&0(&'&'=1"?(&-'&;%#%.',(-(&H(-1%&#',(&"(:'&#$(5'*&-'
,(01)&5("*'-8&S'&"1&#.,();1"0(&'0(/+,1-1%8&S)*(&'@)1,0&)+&#,(0(5&#+&.&7%%"6+&.5("(')#+&:!"F()*,'*+& /%'6+8
#1&.&)%56%,(&'-(')+3&#1&1"&)%56&5.,'-&2%&%"*(-%?("6+&)1;(,%.',+&:&)+&)(&"')#+&!"*,:1"&*,1;&0(&'"%5'-& S"*%*'*('&);%,%*1'-+&0.,(2*(&)+&,(/%"+&5(,(1&!"&5'*(,%'&7%F%#+&;("*,1&'&!"/+6'3&;("*,1&'&)(&-15%"'&
%5.,'-&2%&"(%"*(-%?("*8&H1&#(&',&#."*,%@1%&-'&(/.-16%'&?("(,'-+&.&')(5("('&!"*,1;',(D&P.'*( &7';*(-(& 2%&;1,%7%#'8&H(-&#',(&*,+%(2*(&;(&;+54"*3&1%*4"0&0(&-(?%-(&0%"&);'6%13&"1&0.,(2*(&)+&,(/%"+&;(&;+54"*3&
"'*1,%%&'1&1"&)#.;&0(*(,5%"'*&:&(/.-16%'3&,(?1-+&0(&-'&#',(&"1&;.'*(&7'#(&(L#(;6%(&"%#% (-&)%56%"0&0.',&#+&):'&)+*1,'*&0(&'*4*'&51"#+&2%&'5',8
,(!"*,1;',('8 !"*,:'0(/+,3&.51-&#',(&'&54"#'*3&2%&!"#+&;,('&51-*3&"1&)(&5'%&?4"0(2*(&-'&54"#',(8&C(&'#(('3&-'&
G(?(' & ,(!"*,1;+,%% & "1 & #(,( & #' & ".% & )+ & "( & "'2*(5 & %5(0%'* & 01;+ & 5.',*(Q & #1 & *.'*( & #+ & )( & ;.'*(& 7%"(-(&1"(%&!"*,1;+,%&*(,()*,(&(&0(&'2*(;*'*&)+&"1&5'%&0.,%5&,(!"*,1;',('8&I#(')*+&0.,%"6+&"1&)(&"'2*(&
!"*45;-'3&!"&1"(-(&#'F1,%3&#'&('&)+&)(&7'#+&!"&5%"1*(-(&1,5+*.',(&;+,+)%,%%&*,1;1-1%8&!"&'#(')*+&;,%/%"6+& !"&;,%5'&;(,%.'0+&'&2(0(,%%&".')*,(&!"&);'6%13&;("*,1&#+&'/(5&"(/.%(&0(&1"&,+?'F3&*%5;&!"&#',(&
):'1&#%*'*&#'F1,%&#4"0&.&;(,).'"+&'&51,%*3&2%:'&;+,+)%*&*,1;1-&1F'*&0(&@.'-+&)'1&0%)*,1)&;,%"*,:1"& ("*%*'*('&);%,%*1'-+&!"6(-(?(&".1'&#."0%6%(&0(&(L%)*("6+3&#1".'2*(&)#.;1-&/("%,%%&)'-(&'#.-.&2%&'&/%(6%%&
'##%0("*3&2%&):'&,(!"*,1;'*&%5(0%'*&!"&*,1;1-&1"1%&#.;%-&!"&'?."%(8&K;%,%*1-&#.;%-1-1%&):'&0();,%")&0(& )'-(&*(,()*,(8
*,1;1-&)+1&7,'?(0&2%&%5(0%'*&%:'&-1'*&-.#1-&1"&);%,%*3&#',(&2%&(-&!2%&;+,+)%)(&,(2(0%"6'&#',"'-+8&I)(5("('& H."2*%%"6'&);%,%*1-1%&!"*,1;'*&()*(&5+,?%"%*+&0(&#.,;1-&7%F%#3&2%&'#(')*+&#."2*%%"6+&0(/%"(&);-("0%0+3&
#'F1,% & 0( & ,(!"*,1;+,% & ;,%;%*( & )1"* & ,',(3 & ;,./("%"0 & 0%" & %?".,'"6+3 & "()1;1"(,( & -' & ,(?1-% & 2% & 0%"*,:.& (L*%")+3&#4"0&"1&5'%&()*(&-%5%*'*+&0(&'#()*&#.,;8&!"*,(&'#()*(&0.1+&#."0%6%%&:&0(&01$&!"*,1;'*&2%&01$&
0.,%"6+&/%(&0(&'&5'%&*,+%&!"&-15('&#+,"%%8 -%@(,&:&(L%)*+&1"&);'6%1&0(&*%5;3&!"&#',(&("*%*'*('&);%,%*1'-+&!2%&%'&1"&'/4"*&0(;-%"&2%&%"*,+&!"&;.)()%'&
!"&,(/(-'6%%-(&7+#1*(&0(&("*%*+6%-(&);%,%*1'-(&0(&!"'-*+&(/.-16%(3&)(&);1"(&#+&;(,%.'0'&!"*,(&5.',*(&2%& #."2*%%"6(%&)'-(&-15%".')(8&R'*+&0(&#(&!"&;,%5'&;(,%.'0+&'&(L%)*("6(%&)'-(&!"&);'6%13&("*%*'*('&);%,%*1'-+&
"'2*(,('&/%%*.',(&;.'*(&7%&(L*,(5&0(&)#1,*+&:&#4"0&(&/.,@'&0(&1"&)+-@'*%#8&H1&#4*&);%,%*1-&()*(&5'%& )(&#1*,(51,+&-'&%0(('&1"(%&".%&,(!"*,1;+,%&!"&!"*1"(,%#1-&2%&F@1#%151-&/%(6%%&*(,()*,(8
(/.-1'*3&#1&'*4*&*%5;1-&2(0(,%%&)'-(&!"&);'6%1&()*(&5'%&5',(8&S'&)(&;.'*(&;,(-1"?%&-'&5',%-(&G15%"%&'-(& 91*(,('3&!"6(-(;#%1"('&2%&7.,6'&#','#*(,1-1%&)1"*&,(F1-*'*1-&1"(%&(01#'6%%&0(&)(#.-(&2%&"1&1,5+,%-(&
);'6%%-., & ?-.@1-1% & ".)*,13 & -' & 5%% & 0( & '"%8 & 9(,%.'0' & 5(0%(3 & ?("(,'-+3 & !"*,( & 0.1+ & !"*,1;+,% & ()*( & 0(& 1"1%&0()*%"&#';,%#%.)8&H1".'2*(,('&-(?%-.,&2%&;,%"#%;%%-.,&#',(&#."01#&1"%/(,)1-&)(&0(F/.-*+&!"#(*3&;(&
';,.L%5'*%/&0.1+&)1*(&0(&'"%8&c(;(*&!")+&#+&'#()*&%"*(,/'-&()*(&/',%'@%-3&0%"&0%7(,%*(&5.*%/(8&I)*7(-& ;',#1,)1-&*%5;1-1%&%"7%"%*8&9,%5'&2#.'-+&'&);%,%*1-1%:.5&)(&7'#(&-'&)1;,'7'6'&#.,;1,%-.,&).-%0(3&;(&
);%,%*1-&;.'*(&)+&0.,(')#+&.&')#(")%1"(&);%,%*1'-+&5'%&,';%0+&:&;,%"&)17(,%"6'&/%(6%%&*,1;(2*%8&9.'*(&0.,%& ;+54"*3&!"&-15('&7%F%#+8&I2'0',&"(&*,(@1%(&51-*(&#.,;1,%&#'&)+&"(&,%0%#+5&-'&.&!"6(-(?(,(&0%"&#(&!"&#(&
#.@.,4,('&!"&-15('&7%F%#+&5'%&0(/,(5(3&;("*,1&'&,(;','&"(0,(;*+6%-(&#.5%)(8&C(&'#(('&"1&)( 5'%&!"'-*+3&5'%&;,.71"0+3&2%&;,%"&1,5',(&'/(5&"(/.%(&0(&51-*(&/%(6%3&)(,%%&"("15+,'*(&0(&,(!"*,1;+,%8&
;.'*(&0'&.&,(?1-+&?("(,'-+8 9(&;',#1,)1-& -.,3 &)(&0(2*(';*+& 7'#1-*+6%-(&5("*'-(& '-(& );%,%*1-1%3 &!"*.#5'%&#15& )(&-15%"('F+ &2% &)(&
R0(('&,(!"*,1;+,%%&0%);-'#(&51-*.,&.'5("%3&-'&?4"01-&#+&%',+2%&/'&*,(#(&;,%"&%?".,'"6'&#.;%-+,%(%3& 5'"%7()*+&%"*(-%?("6'&#.;%-1-1%3&;(&5+)1,+&#(&(-&#,(2*(8
?,(2(-%-( & *%"(,(6%%3 & )-+@%#%1"%-( & 5'*1,%*+6%% & 2% & "(;1*%"6' & @+*,4"(6%%3 & *,(#4"0 & 0%" & ".1 & ;,%" & 2%,.'%(-(& K#.;1-&/%(6%%&()*(&0(&'&0(F/.-*'&;1*(,%-(&".')*,(3&#',(&F'#&-'*("*(3&(5@,%."',3&!"&);%,%*8&H1&'-*(&
-'#,%5%-.,3 & ;,%" & )(,%' & 01,(,%-., & 7%F%#( & 2% & 5.,'-(8 & C', & .,%#4*( & "(;-+#(,% & !"#(',#+ & .51-3 & .,%#4* & 0(& #1/%"*(3&'/'")',('&);%,%*1-1%&"1&;,./%"(&0%"&'0+1?',('&'&#(/'&".13&#%&;1"(&!"&/'-.',(&;,(0%);.F%6%%-(&
!"?,.F%*.',(&',&7%&;(,);(#*%/(-(&".%%&/%(6%3&"1&)(&;.'*(&!"-+*1,'&-(?('&,(!"*,1;+,%%3&)*'@%-%*+&!"&"'*1,+ );%,%*1-1%3&?,'6%(&(L;(,%("6(-.,&7+#1*(&!"&%"7%"%*'*('&*%5;1-1%8
0(&H,('*.,1-&-15%-.,8 K(&;(*,(#(&#1&".%&(L'#*&#(('&#(&)(&;(*,(#(&#1&)+54"6'3&#',(&7%%"0&;1)+&!"&;+54"*&#'&)+&?(,5%"(F(3&
R)*.,%'&0(;1"(&5+,*1,%(&#4*&0(&?,(1&!2%&7'#(&0,15&-(?('&(/.-16%(%3&#1&#4*+&@'*=.#1,+&2%&%,."%(&'1& 0(F/.-*+&#(('&#(&(,'&0(='&#,('*&!"&('3&?,'6%(&'#6%1"%%&5(0%1-1%&!"#."=1,+*.,&')1;,'&)'8&SL%)*("6'&7%F%#+&
7.)*&!"*45;%"'*(&".%-(&%0(%&2*%%"6%7%#(3&7%-.).7%#(&)'1&',*%)*%#(8&P.*0('1"'&%0(%-(&".%&'1&!"*45;%"'*&.& ',(&#'&)#.;&)*%51-',('&7'#1-*+6%-.,&-'*("*(&'-(&);%,%*1-1%8
5',(&.;.F%6%(&2%&.&04,F+&"(!"#,(0(,(8&S)*(&7%,()#&#'&2%&%0(('&,(!"*,1;+,%%&)+&7%(&,();%")+&-'&!"#(;1*3& K;%,%*1-&#."6%"(&;.*("6%'-&7.,6(&0(.)(@%*(3&?,'6%(&#+,.,'&/.5&;.)(0'&!"&/%%*.,&;1*(,%&2%&#1".2*%"6(&
5'%&#1&)('5+&#4"0&"1&)(&'#.,0+&'*("6%(&2%&@1"+/.%"6+&!"&(L'5%"',('&7';*(-.,8&C',&.,%#',(&',&7%& %"7%"%*(8&9,%"&1,5',(3&/%'6'&".')*,+&*(,()*,+&',(&#'&)#.;&'#151-',('&0(&(L;(,%("6(3&#',(&-'&,4"01-&-.,&
;+,(,('&1".,'&)'1&'-*.,'3&('&()*(&2%&/'&,+54"(&!"&/(#%&.&-(?(&0%/%"+8 /.,&0(F/.-*'&7'#1-*+6%&:&0%"&#(&!"&#(&5'%&"15(,.')(&2%&5'%&;1*(,"%#(&:&0(&#',(&"(&/.5&)(,/%&!"&
I/(,)%1"('&;(&#',(&.51-&.&,()%5*(&-'&%0(('&,(!"*,1;+,%%&;,./%"(&0%"&7';*1-&#+&);%,%*1-&)+1&',(&e& 0%7(,%*(-(&-15%&;(&1"0(&/.5&*,+%8
#."2*%%"6'&0(;-%"+&'&?,(1*+6%-.,&/%(6%%&0(&;(&'#(')*+&;-'"(*+8&H1&'-*(&#1/%"*(3&"1&!%&0%);-'#(&%0(('& C'#+&/(#%"1-&',(&.&/%,*1*(&)'1&.&#'-%*'*(&;,(6%.')+&;(&#',(&".%&"1&.&;.)(0+53&"1&!")('5"+&#+& (-&'&
,(!"*,1;+,%%&!"&)%"(3&#%&!%&0%);-'#(&,(!"*.',#(,('&;(8&;+54"*3&!"&-15('&!"#(,#+,%-.,&2%&'&)17(,%"6(-.,8& ;,%5%*&5'%&51-*&0(#4*&".%3&0.',&#+&(-&2%:'&0(F/.-*'*&'#(')*+&#'-%*'*(&5'%&0(/,(5(&0(#4*&".%8&C'#+&
I#(')*+&;(,);(#*%/+&()*(&'0(/+,'*'&#'1F+&'&'"*%;'*%(%&;(&#',(&.&5'"%7()*+&.51-&7'6+&0(&,(!"*,1;',(8&Q /,(5&)+&7%5&2%&".%&#'&(-3&"%5%#&"1&"(&!5;%(0%#+&)+&0(;1"(5&(7.,*1,%3&;,%"&#',(&/.5&)#.'*(&0%"&
a51-&"1&#.")%0(,+&/%'6'&#'&1"&5%=-.#3&#'&1"&*(,("&7'/.,'@%-&0(F/.-*+,%%&);%,%*1-1%3&#%&.&';,(#%'F+&e& '04"#1-&)#4"*(%%&".')*,(&0%/%"(&'#('&#'-%*'*(8
*.*0('1"'&01;+&5+)1,'&!"&#',(&2%:'&)'*%)7+#1*&0.,%"6(-(3&'5@%6%%-(&)'1&01;+&#4*&):'&0%)*,'*8&H15&/%'6'& P'-("*1-&1"1%&',*%)*3&',5."%%-(&0%/%"(&;(,#(;1*(&0(&1"&51F%#%'"&%");%,'*3&);%,%*1-&-1#%0&2%&,+@0+*.,&
~&"1&'@1"0+&!"&'#()*(&7(,%#%,%&0.,%*(3&2%&!"&-.#1-&-.,&'/(5&;',*(&0(&)17(,%"6+3&0(&51"#+&?,('3&0(&54$"%,%& '-&1"1%&)'/'"*3&;,.71"F%5('&?4"0%,%%&1"1%&7%-.).7:&*.'*(&'#()*(&#'-%*+6%&2%&51-*(&'-*(-(&)(&;.*&0(F/.-*'&
:&#',(&"1&'1&'-*&)#.;&0(#4*&0(&'&"(&!"/+6'&,(;(0(&2%&@%"(&:&)1"*(5&0(*(,5%"'6%&)+&,(71F+5&,(!"#(;(,('& *7%&".%QA&2%&'2*(';*+&5.5("*1-&)+&-(&)#.'*(5&-'&%/('-+3&;,%"&5'?%'&/.%"6(%&".')*,(8
/%(6%%&;(&'#(')*+&;-'"(*+8&C'3&'5&'##(;*'3&0'#+&'5&7%&)%?1,%&#+&-'&,(/("%,(&"1&/.5&5'%&*,(#(&;,%"&m& S/.-16%'&);%,%*1-1%3&'&)#4"*(%%&0%/%"(&()*(&7+,+&)74,2%*8 &S/.-16%'&7.,5(%&()*(&.&71"#6%(&'&-15%%&
)17(,%"6+&2%&"(&/.5&@1#1,'&0(&5.0'-%*+6%&5'%&7(,%#%*(&'-(&/%(6%%&*(,()*,(3&0(&'&/(0('&*.'*(&0.,%"6(-(& 7%F%#(3&0',&"1&()*(&)%"?1,'8&G15('&".')*,+&2%&'-*(-(&'1&#'&)#.;&!"7-.,%,('&#."2*%%"6(%&;4"+&'=1"?(&!"&
".')*,(&!5;-%"%*(8&H1&*.'*(&'#()*('3&)+&"1&1%*+5&#+&(L;(,%("6(-(&#(-&5'%&?,(1&0(&)1;.,*'*&"(&7'#&)'& 9,('=5'&H(-1%&/(2"%#8&S/.-16%'&5'*(,%(%&)(&;,.01#(&-("*38&!"&*%5;1,%&%"#.5(")1,'@%-(3&;("*,1&'
!"/+6+5&#(-(&5'%&5',%&-(#6%%&'-(&/%(6%%3&#+&)17(,%"6(-(&2%&"(,(12%*(-(&".')*,(3&#',(&"(&0(;,%5+3&,(;,(F%"*+

1
T_ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&:&C,%7'&#',*( H(!"*,14',( TU
'

*,'")7.,5'&(*(,1,%-(&!"&'*.5%3&'*.5%% &!"&5'*(,%(&5%"(,'-+3& 5'*(,%'&5%"(,'-+&!"&5'*(,%(&/(?(*'-+3& #1&;-+#(,(&0%"&7%(#',(&(/("%5("*&.&!"/+6+*1,+3&0'#+&'5&/,('&)+&"(&').#%(5&#1&0,'?.)*(&(/.-16%(%&2%&


5'*(,%'&/(?(*'-+&!"&5'*(,%(&'"%5'-+&)'1&15'"+3&5'*(,%'&15'"+&!"&5'*(,%(&'"?(-%#+8 )+&#.-'@.,+5&#1&C%/%"%*'*('&:&!"&-.#&)+&"(&!"#+;+64"+5&)+&,(F%)*+5&2%&)+&"(&,(/.-*+53&#,(2*(,('&
!"*,:1"&*%5;&#',(&)(&;%(,0(&!"&"(?1,'&1"1%&*,(#1*&%"7%"%*3&'5&;+,+)%*&)(0%1-&".)*,1&)1@-%53&H(,1-3& ".')*,+&',&7%&,';%0+&2%&7(,%#%,('&5'%&#.")*'"*+8
;("*,1&'&)*+;4"%&5'*(,%'&.7(,%*+&0(&H,('*.,8&I*1"#%&"(:'5&!"#(;1*&(/.-16%'&!"&)%)*(51-&5'*(,%'-8&G'& [.5&#1".'2*(&5+,(6%'&/%(6%%&#4"0&"(&/.5&'5%"*%&0(&(L;(,%("6(-(&0%"&*,(#1*3&#4"0&/.5&/(0('&
!"#(;1*&"(&(,'&7.',*(&?,(1&)+&;1"(5&5'*(,%'&!"&/%@,'6%(8&H."2*%%"6'&".')*,+&(,'&,(01)+&2%&;1*(,%-(&(%& -(?+*1,%-(&#',(&-(&1"()#3&#4"0&/.5&;.)(0'&!"6(-(;#%1"('3&#4"0&/.5&2*%&)(")1-&;,.71"0&2%&)#.;1-&
7.',*(&)-'@(&;("*,1&'&!"6(-(?(&#(/'&0%"&-15('&5'*(,%(%8&H1&*,(#(,('&*%5;1-1%3&!"#(*1-&#1&!"#(*1-3&'5& );%,%*1'- & '- & (/("%5("*(-., & 0%" & /%'6'3 & 0( & '*4*(' & .,% & ,(;(*'*(8 & I2'0',3 & !"6(-(;#%1"(' & ()*( & ()("6'&
01@-'*& 5'*(,%'&/.%"6(%&".')*,(3&2%&'#15& :&#4"0&'5&'*%")&)*'0%1-&0(&.5&:&'/(5&#';'#%*'*('&0(&'& 0()#.;(,%,%-.,3&#1".2*%"6(-.,&2%&(L;(,%("6(-.,3&0%)*%-'*(&;,%"&7%-*,1-&)17(,%"6(-.,8
!"6(-(?(&/%@,'6%%-(&7%F%#(&2%&0(&'&"(&%5;1"(&/.%"6'&')1;,'&*,1;1-1%&".)*,18&U'%&51-*&#$%',A&'5&!"#(;1*& C'#+&'5&#(,#(*'&()("6'&5'*(,%(%&".')*,(&2%&'5&)*10%'&"(!"#(*'*&?4"01,%-(&2%&)("*%5("*(-(&".')*,(&
)+&!"6(-(?(5&/%@,'6%%-(&-15%%&')*,'-(&2%&)+&0.5%"+5&;16%"&#.,;1-&".)*,1&(5.6%."'-8&C',&15'"%*'*('& )(#,(*(3&'5&/(0('&#+&#(-(&5'%&51-*(&0%"&01,(,%&)1"*&#'1F'*(&0(&(?.%)51-&".)*,13&0(&0.,%"6'&',F+*.',(&
!"#+&"1&#1".'2*(&"%5%#&0%"&,(?%1"%-(&);%,%*1'-(&'-(&;'*,%(%&".')*,(&#(,(2*%8 0(&'&;.)(0'&-1#,1,%&2%&7%%"6(8&S?.%)51-&()*(&*("0%"6'&0(&'&)*,4"?(&'/(,(3&0(&'&7'#(&0%"&(1-&".)*,1&
I%#%3&-'&2#.'-'&9+54"*1-1%3&'/(5&*,1;1,%&*%"(,(&2%&@+*,4"(3&'&#+,.,&/4,)*+&)(&).#.*(2*(&01;+&'"%%& ;(,)."'-&#("*,1-&1"%/(,)1-1%8&!"&);'6%13&#4"0&"(&-(?+"'5&;(&1"0(-(&(*(,%#(3&);%,%*1-&2*%(&#+&)1"*(5&
)#1,2%&!"*,(&-('?+"&2%&5.,54"*Q&0(&')(5("('&'/(5&);%,%*(&*%"(,(&2%&@+*,4"(3&'-&#+,.,&#45;&0(&/%'6+& 1"%6%&#1&*.'*(&7%%"6(-(3&0',&#4"0&'#(')*+&!"6(-(?(,(&#1,'*+&()*(&!"*1"(#'*+&0(&#.,;1-&7%F%#&;(&#',(:<&
()*(&5'%&/')*&2%&#1;,%"0(&5%%&0(&,(!"*,1;+,%&;(&;+54"*8&C',&-1'*&#'&(-(5("*&()("6%'-&'-&"'*1,%%3&);%,%*1-& !5@,+#+53&)%561-&".)*,1&0(&1"%*'*(&)(&-%5%*('F+&-'&#(,#1-&)*,45*&'-&*,(@1%"6(-.,&2%&0.,%"6(-.,&".')*,(3&
()*(&7+,+&5+)1,+3&7+,+&/4,)*+&2%&7+,+&-%5%*+8&S-&/'&7%&7+1,%*.,1-&".%-.,&-15%&!"&/(2"%#%'&#(&/' *,'"27.,54"01:)(&!"&(?.%)58
/("%8 !"&*%5;1-&#4"0&,.'*'&/%(6%%&2%&'&5.,6%%&)(&,.)*.?.-(2*(3&)1"*(5&"(/.%6%&)+&-+,?%5&$.*',(-(&(?.%)51-1%&
H(-&5'%&!"'-*&%0('-&/%)'*3&#(-(&5'%&/')*(&2%&,'0%'"*(&;1*(,%&0.,%*(&(L%)*+&!"&".%8&9("*,1&'&-(&.@6%"(3& ".)*,1&%"0%/%01'-3&;("*,1&'&#1;,%"0(&!"&(-&2%&7'5%-%'8&[.5&51"#%&;("*,1&).6%'&2%&#.;%%%&".2*,%3&#+#%&
()*(&%"1*%-&)+&!"*,(@1%"6+5&#$(5+,%&2%&,1?+#%1"%Q&*,(@1%(&)+&-1#,+5&#'&)+&-(&0(F/.-*+53&!"*.#5'%&01;+& !"6(-(?(5&!"&5.0&#-',&#+&(%&)1"*&1"%6%&#1&".%8&H1&/,(5('3&)*'@%-%5&-(?+*1,%&#1&;,%(*("%3&#.")'#,4"01:"(&
#15&(L(,)+5&-'&;%'"&.,(&!"&2%,3&;("*,1&'&#42*%?'&121,%"6'&0(&'&"(&(L;,%5'&)%56%,('&;,%"&#-';(-(&-1%8& 2%&-.,3&#1&'#(('2%&0,'?.)*(&#1&#',(&"(:'5&0+,1%*&7'5%-%(%&".')*,(8&U'%&*4,F%13&!"&'#()*&(?.%)5&#.-(#*%/&
K1"*(5&!"*.#5'%&#'&.51-&'7-'*&-4"?+&.&#.5.',+&')#1")+&)1@&;+54"*8&S'&"1&%()(&0%"&-.#1-&1"0(&'& /.5&#1;,%"0(&"'6%1"('&".')*,+&2%3&!"&7%"(3&.5("%,('&!"*,('?+8&I)*7(-3&!"#(*1-&#1&!"#(*1-3&(?.%)51-&)(&
7.)*&;1)+Q&*,(@1%(&)+&51"#%53&)+;4"0&;+54"*1-3&;4"+&#(&.&)#.'*(5&-'&%/('-+8&C',&;("*,1&'&#42*%?'& *,'")7.,"+&!"&'-*,1%)58&U',%%&G15%"+*.,%&'%&-15%%&'1&'*%")&'#()*&"%/(-3&;(&#',(&!-&/.5&'=1"?(&#1&*.6%%&
!"6(-(;#%1"('3&*,(@1%(&)+&#1-(?(5&0%"&?,+0%"'&-15%%&7-.,%-(&01,(,%%&2%&;-+#(,%%3&'-(&%1@%,%%&2%&1,%%3&'-(& !"&/('#1,%-(&/%%*.',(8
'#6%1"%%&2%&%"(,6%(%3&'-(&)1##()1-1%&2%&%")1##()1-1%3&'-(&/()(-%(%&2%&*,%)*(6%%3&'-(&;+#%%&2%&"(-%"%2*%%8&[.5& !"#+&"1&'5&'=1")&-'&'#()*&"%/(-&)1@-%5&0(&);%,%*1'-%*'*(Q&#1&*.'*(&'#()*('3&);%,%*(-(&".')*,(&)1"*&
#,(2*(&;(&5+)1,+&#(&/.5&)*+;4"%&'#()*(&7.,6(&#."*,',(3&2%&/.5&'=1"?(&#1&*%5;1-&)+&5(,?(5&#1&1"&;')& 7.',*(&@+*,4"(&2%&!"&'04"#1,%-(&#."2*%%"6(%&".')*,(&)1"*&!")#,%)(&*.'*(&'5%"*%,%-(&1"1%&*,(#1*&*,+%*&!"&'-*(&
)%?1,&!"&5%=-.#1-&71,*1"%%&/%(6%%8 6+,%&2%&!"&'-*(&*,1;1,%8&C(&51-*(&.,%&'5&%1@%*3&0',&0(&51-*(&.,%3&.,@%6%&0(&;')%1"%-(&".')*,(3&!"&*%5;1-&
71,*1".')(-.,&".')*,(&!"*,1;+,%3&'5&1,4*3&'5&-1;*'*3&'5&1#%)3&#1&%"%5'&;-%"+&0(&54"%(8&C(&51-*(&.,%&
H4"0&"(&"'2*(53&"'*1,'&"1&#'1*+&0(#4*&1"&)%"?1,&-1#,1A&(01#'6%'&".')*,+8&S'&"1&!"#(',#+&)+&"(& 01,(,('&"(:'&)742%'*&%"%5'&-'&5.',*('&*,1;1,%-.,&#(-.,&0,'?%&".1+3&2%&#1&*.'*(&'#()*('3&5(,(1&"(:'5&
0%)*,(F(3&#%&#'1*+&)+&"(&0(F/.-*(&);%,%*1-&;,%"&7(-&2%&7(-&0(&(L;(,%("6(8&J'*1,'&"(&.7(,+&0%"&)4"1-&(%& !"*4-"%*&#1&'#()*(&7%%"6(&)#15;(3&#1&#',(&'5&*,+%*&2%&-1#,'*&!"&'-*(&!"*,1;+,%8&C',&!"&'#(-'2%&*%5;3&"(:'5&
!"/+6+5%"*(&/'-.,.')(3&#',(&"(&-+,?()#&!"6(-(;#%1"('8&!"&?("(,'-3&)17(,%"6'&:&#.")%0(,'*+&0(&-15(&.& !"*4-"%*&2%&#1&#(%&;(&#',(&%:'5&1,4*3&=(71%*&)'1&.5.,4*8
"(".,.#%,(&:&()*(&1"&(L#(-("*&,+)#.-%*.,&'-&);%,%*1-1%&#.@.,4*&!"&5'*(,%(3&1"&(L#(-("*&'"*,("'5("*& C(&'%#%&*,(@1%(&)+&!"6(-(?(5&#+&()*(&.&'@)1,0%*'*(&)+:%&*,'*+5&0,(;*&;+?4"%&;(&#(%&#',(&"1&'0.,+&
;("*,1&0(F/.-*',('&7'#1-*+6%-.,&);%,%*1'-(8 C%/%"%*'*('&!"&'#(-'2%&5.0&#'&".%3&#1&'#(-'2%&#(,(5."%'-3&!"&'#(('2%&-%5@+&2%&)1@&'#(-'2%&"15(8&!"&
IF%&!"#(;(5&)+&!"6(-(?(5&#+&(01#'6%'&'0(/+,'*+&"1&)(&5+,?%"(2*(&-'&!"/+6',('&0%7(,%*(-.,&,'51,%& '-*(&/%(6%&2%&)1@&'-*(&.,%F."*1,%&'5&'/1*&"'6%."'-%*'*('&2%&'5&%1@%*&2%&/("(,'*&C%/%"%*'*('&)1@&"15(-(&2%&
0(& #1".2*%"6(&:&7%-.-.?%(3&5'*(5'*%#+3&2*%%"6(-(&"'*1,%%3&7%-.).7%(&(*#8&:&#',(&"1&;.*& )*%51-'& 0(#4*& #1-*1-&#(-.,&;(&#',(&'#15&,(71F+5&)+:%&,(#1".'2*(5&#'&7,'6%8
7'#1-*+6%-(&%"*(-(#*1'-(8&S01#'6%'&'0(/+,'*+&()*(&7+#1*+&0(&"'*1,'&#',(&',5."%F('F+&#','#*(,1-3&!"*+,(2*(& H(&"(@1"%(&:&)+:%&0%);,(61%5&;(&#(%&5'%&;16%"&0(F/.-*'6%&0(#4*&".%Q&(%&)1"*&7,'6%%&".2*,%&*%"(,%3&#',(&
)%561-&5.,'-3&!"#1,'=('F+&(5.6%%-(&?("(,.')(3&0%)#%;-%"('F+&%"*(-%?("6'3&0(2*(';*+&;1*(,('&/.%"6(%&2%& !"#(;&)+&!"/(6(&-(#6%%-(&/%(6%%3&#1".)#1*(&0(='&0(&".%8&H(&!"?1)*%5(&0(&);%,%*&h&)+:%&0()#.")%0(,+5&;(&
0(F/.-*+&#';'#%*'*('&0(&'&)%56%&9,(F("6'&0%/%"+8&G15('&7%F%#+&()*(&)%"?1,'&2#.'-+&1"0(&)(&)*10%'F+& #(%&#',(&'1&1"&*,1;&0(&.&#1-.',(&0%7(,%*+&0(&'&".')*,+Q&;("*,1&#+&2%&".%&'5&*,+%*&!"&'#()*(&,')(3&2%&"1&)(&
!"*,(?1-&;,.?,'58&H,('6%'&()*(&.&/')*+&1"%/(,)%*'*(3&5%"1"'*&.,?'"%F'*+3&;("*,1&;,.?,()1-&5%-%',0(-.,& 2*%(&0'#+&"1&"(&5'%&54"+&0()*%"1-3&#'&*,%5%2%&'%&C%/%"%*+6%%3&#'&5%)%."',%3&!"&5%=-.#1-&'#()*.,&7,'6%&'%&
0(&7%%"6(&/%(61%*.',(3&#',(&-.#1%()#&)1;,'7'6'3&%"*(,%.,1-&2%&'*5.)7(,'&;-'"(*(-.,8&P.'*(&.@)(,/'6%%-(&2%& ".2*,%3&;("*,1&#+&!"&;-'"&);%,%*1'-&*.6%&.'5("%%&)1"*&-'&7(-&2%&*.6%&)1"*(5&7,'6%8
(L;(,%("6(-(&".')*,(&:&5',%&)'1&5%#%&:&7'#&;',*(&0%"&'#()*&)*10%18&C',&"1&)1"*(5&#1&*.6%%&!"&'#(('2%& H1".)#4"0&'0(/+,1-&,(!"*,1;+,%%3&"1&'5&5'%&,4/"%&-'&@1"1,%-(&2%&!")12%,%-(&'-*.,'3&"1&"(:'5&5'%&
#-')+3&2%&"1&!"/+6+5&'#(('2%&-(#6%(3&("*%*+6%-(&);%,%*1'-(&'/4"0&/4,)*(&0%7(,%*(8 54$"%&#+&'-6%%&'1&2%&".%&"1&'/(58&I)*7(-3&#(&"1&'/(5&'F%3&!"&'#(')*+&/%'6+3&/.5&,('-%F'&!"&/%%*.,&#1&
P.'*(&7%%"6(-(&/%(61%*.',(3&.,%#',(&',&7%&:&1"&'*.53&1"&5%#,.@3&.&;-'"*+3&1"&'"%5'-3&1"&.53&.,%&1"& 51"#+3&,+@0',(&2%&!"#,(0(,(&!"&;1*(,%-(&".')*,(&);%,%*1'-(3&#+#%&P'*+-&:&@%"(#1/4"*'*&7%(&"15(-(&K+1&:&
!"?(,&:&/.,&!"*4-"%&!"&2#.'-'&-15%%&-1#,1,%&0(&.@)(,/'*&2%&(L;(,%("6(&0(&7+#1*3&#',(&!%&/.,&01#(&#1&1"& .7(,+&@.?+6%%-(&K'-(&#(-1%&#(&)*+,1%(2*(8
;')&5'%&0(;',*(&;(&0,151-&(/.-16%(%8&C%"&"(7(,%#%,(3&"1&*.6%&)1"*&#."/%"2%&0(&'#()*&'0(/+,8 J1&(L%)*+&6(-3&.,%#4*&0(&!"0(;+,*'*3&;(&#',(&)+&"1:<&;1*(5&'*%"?(&;,%"&(7.,*1,%&,(;(*'*(3&)'#,%7%#%%3&
I/(5&%5;,()%'&#+&!"&'-*(&-15%3&!"&'-*(&5(0%%3&;,.?,()1-&".)*,1&',&7%&5'%&,';%03&2%&"1&/(0(53&"1& ,("1"6+,%3&#$%',&0'#+&;("*,1&,(12%*+&'/(5&"(/.%(&0(&5'%&51-*(&(L%)*("6(&)'1&!"*,1;+,%8
!"6(-(?(5&#+&!5;,(=1,+,%-(&/%(6%%&0(&'%#%3&0%"&/%'6'&'#*1'-+3&"(&%"/%*+&)+&!"/+6+5&51-*(&-1#,1,%&;("*,1&'&
"(&,%0%#'8&C%"&0%7(,%*(&5.*%/(3&;,('&;16%"%&0%"*,(&".%&2*%1&)+&;,.7%*(&0(&!"/+6+5%"*(-(&/%(6%%&#.*%0%("(8&
J15'%&#4"0&)1"*(5&0.@.,46%&0(&!"#(,#+,%&'5',"%#(3&!"/+6+5&#4*(&#(/'8&C(&'#(('&'/(5&"(/.%(&0(&
51-*(&/%(6%3&;("*,1&'&!"/+6'&)+&0%)*%"?(5&@%"(-(&0(&,+18&I5&;1*('&!"6(-(?(&'#(')*+&0(.)(@%,(&!"*,:.& S"*%*'*(' & );%,%*1'-+ & %"7(,%.',+ & "1:2% & ;.'*( &0(*(,5%"' &-.#1- &2% &;+,%"6%% & /%%*.',(% & )'-( & !"*,1;+,%3&
/,(5(&5'%&)#1,*+3&0'#+&"(:'5&)%-%&)+&7'#(5&'#()*&0%)#(,"+54"*3&0',&"(&*4,45&/%'6'&!"&/.%'&!"*45;-+,%%3&=& ;("*,1&#+&('&"1&()*(&0()*1-&0(&'/'")'*+&#'&)+&;.'*+&7'#(&'-(?(,('&#1&0%)#(,"+54"*8
2%&#4"0&!"#(,#+5&.&'5+,+#%1"(3&',1"#+5&/%"'&;(&).',*'&".')*,+&*%#+-.')+8&I-(,?+5&*.'*+&F%1'3&Q&!"#.'#(& K;%,%*(-(& )1;(,%.',(&#',(&'1&'#(')*+& 5%)%1"(& :&.@)(,/4"0 &?,'01-&0(& %"7(,%.,%*'*(&'-&);%,%*1-1%&
2%&!"#.-.3&#'&2%&#.;%%%&01;+&7-1*1,%&)*,+-1#%*.,%3&2%&'*("6%'&)1;(,7%#%'-+&"1&"(&;(,5%*(&)+&"(&!")12%5& #'"0%0'*&-'&!"*,1;',(&:&0(#%0&2%&!-&*,%5%*3&';,.';(&7+,+&/.%'&)'&2%&%"#."2*%("*3&!"*,:1"&'"15%*&5(0%1&
-(#6%%-(&;,.71"0(3&;,(F("*'*(&0(&!5;,(=1,+,%-(&/%(6%%&*(,()*,(8 ;,%(-"%#&;("*,1&'/'")',('&)'8
C%/%"%*'*('&'&.,4"01%*&-1#,1,%-(&0(&'2'&"'*1,+&!"#4*&)+&!"/+6+5&;(,7(#*3&#."*,',&%?".,'"6(%&2%&e& K;%,%*(-(&(/.-1'*(&"1&5'%&'1&"(/.%(&0(&'#(')*+&*1*(-+&)'1&%5;1-)&0(&-'&);'*(3&#%&)%"?1,(&:&#4"0&
%"#."2*%("6(%&".')*,(8&S'&'&0%);1)&#'&'#(('2%&-(#6%(&)+&)(&,(;(*(&!"&7%(#',(&F%3&!"&7%(#',(&'"3&!"&7%(#',(&=& )1"*&!"&);'6%1&:&!2%&'-(?&-.#1-&;(&#',(:<&#.")%0(,+&;.*,%/%*&0(F/.-*+,%%&1".,&'"15%*(&7'#1-*+6%&.,%&
/%'6+3&;("*,1&#'&!"6(-()1-&(%&)+&"(&-15%"(F(&.0'*+&2%&.0'*+&);%,%*1-8&H4"0&"1&)1"*(5&'*("6%&)'1&"1&Q&/,(5& ,(;',+,%%&1".,&?,(2(-%&7+#1*(&!"&/%'6'&*(,()*,+&'"*(,%.',+8
)+&"(&!")12%5&.&-(#6%(3&"%&)(&%5;1"(&;,%"&)17(,%"6+3&;("*,1&'&,(6%"(&'*("6%'&".')*,+&0%);(,)'*+Q&'-*(.,%3& R" & ?("(,'-3& -.#1-& "'2*(,%%& ()*(& 0(*(,5%"'*&0(& %1@%,('& )'1 & 1,'&#."*,'#*'*+& '-*+0'*+&;(&;+54"*8&
-(#6%'&()*(&!").6%*+&0(&.&;-+#(,(&#';*%/'"*+3&;("*,1&'&(L#%*'&0.,%"6'&".')*,+8&H1&.&,+@0',(&)1@-%5+3& R1@%,('&()*(&1"&7(-&0(&-(?+*1,+&5'?"(*%#+&!"*,(&7%%"6(-(&#(&):'1&%1@%*&#1&5',(&7.#8&C(2%&)(;','*(&:1"'&
5'5'&%1@%*.',(&!"*,(@1%"6('F+&54"?4%(,%&;("*,1&':2%&7'#(&#.;%-1-&')#1-*+*.,3&#15%"*(8 7%%"0&!"&-15('&7%F%#+3&'-*'&!"&-15('&);'6%%-.,3&01$1,%-(&)(&#(,#(*('F+&".';*('3&)(&%1@()#&5'%&0(;',*(&2%&
C'#+&'5&7%&(-(/%&@1"%3&/%(6%-(&".')*,(&',&7%&5'%&;16%"&!"*1"(#'*(&0(&)17(,%"6+3&0',&;("*,1&#+&"1& #'1*+&)+&)(&';,.;%(&!"&/%%*.',('&/%'6+&;+54"*(')#+3&01;+&#15&)(&#'1*+&2%&*,+%()#&!5;,(1"+& TP&H(,8&
')#1-*+5&/.#('&%"*(,%.',+&'&#."2*%%"6(%3&;("*,1&#+&"1&'#.,0+5&'*("6%(&'#*(-.,&".')*,(3&/%"(&01,(,('3& I#(')*+&-(?+*1,+&-(&0(*(,5%"+&)+&,(/%"+&;(&;+54"*3&)1@&0%7(,%*(&');(#*(&:&#'&;+,%"6%&2%&#.;%%3
@'*(&-'&;.',*'&/%(6%%3&;("*,1&'"(&7'#(&')#1-*+*.,%8&C'#+&'5&7%&5'%&$.*+,46%&)+&!"/+6+53&0'#+&'5&#1-(?(
TV >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&C,%7'&#',*( H(!"*,14',( TW
'

#'&7,'6%3&).6%3&'5'"6%3&,10(&)'1&;,%(*("%8&S)*(&;.)%@%-&#'&,(-'6%%-(&-.,&7%F%#(&)+&)(&)#$%5@(&-'&7%(#',(& #."0%6%%&)1;(,%.',(3&1"0(&;,.?,()1-&.51-1%&)(&,('-%F('F+&5'%&12.,8&S&0,(;*&#+&2%&;(&'-*(&;-'"(*(&(L%)*+&
,(!"*,1;',(3&!"&)#.;1-&!"*+,%,%%&#4*&5'%&;1*(,"%#(&'&-(?+*1,%%&0(&%1@%,(&0%"*,(&(-(8 7%%"6(&15'"(Q&#4*&0();,(&"%/(-1-&-.,&(/.-1*%/3&-'&1"(-(&()*(&%"7(,%.,&9+54"*1-1%3&;(&#4"0&-'&'-*(-(&()*(&
c(!"*,1;',('&);%,%*1-1%&15'"&;.'*(&)+&)(&7'#+&!"&*,1;1,%&0%7(,%*(&#'&)(LQ&!"*,:.&/%'6+&7%%"0&@+,@'*3& )1;(,%.,8&C'#+&);%,%*1-&):',&!"*,1;'&!"&;,%5'&#'*(?.,%(&0(&;-'"(*(3&.51-&):',&?+)%&'#.-.&!"&')(5("('&
!"&'-*'&7(5(%(8&9,.?,()1-&;',(&'&7%&5'%&'##("*1'*&#4"0&1"&);%,%*&'&'/1*&.&)(,%(&0(&,(!"*,1;+,%&!"*,:1"& #."0%6%%3&!"#4*&!"&-.#&)+&;,.?,()(F(&',&)*'&;%,."%*&-.#1-1%3&;("*,1&#+&*.*1-&!%&()*(&%"7(,%.,8&!"&#'F1-&!"&
)(L3&1,5'*+&0(&.&'-*+&)(,%(&!"*,:1"&'-*&)(L3&2%&'2'&5(,(13&;(&#+,',('&-1"?+&'&(/.-16%(%&".')*,(8&!"& #',(&.51-&):',&!"*,1;'&;(&.&;-'"(*+&)1;(,%.',+3&',&!"*4-"%&'#.-.&#."0%6%%&2%&.'5("%&'*4*&0(&'/'")'6%3&
?("(,'-3&01;+&^:_&,(!"*,1;+,%3&*,(#(5&!"&*,1;1,%&0(&)(L&.;1)8&I#()*(&7.,5(&)(L1'-(&)1"*&0(*(,5%"'*(& !"#4*&"1&',&;1*('&)+:2%&01#+&*,'%1-&"%#%&!"*,(&#(%&5'%&)+-@'*%#%&.'5("%&'%&'#(-(%&;-'"(*(8
0(&"(/.%-(&'/'")+,%%&".')*,(&.,%&'-(&,(;','6%%-.,&0(&!"0(;-%"%*8&S)*(&#-',&#+&@+,@'*1-&',(&.&)(,%(&0(& J15'% & ;( & 9+54"* & : & 1"0(3 & -' & %"*(,/'- & 0( & V^8qqq & '"%3 & '1 & ).)%* & !" & /'-1,% & 5%-%.'"( & 0( & ("*%*+6%&
#'-%*+6%&:&/%?.',(&7%F%#+3&/.%"6+3&#1,'=3&%',&7(5(%'&',(&'-*(&#'-%*+6%&:&,+@0',(3&)(")%@%-%*'*(&(*#8&!"&71"#6%(& );%,%*1'-(3&#'&2%&#4,01,%-(&0(&,4"01"(-(&:&;1*(5&)+&(/.-1+53&;("*,1&#+&"15'%&'%#%&?+)%5&*.*1-&!"&=1"%%&
0(&"(#()%*'*('&0.@4"0%,%%&1"(%'&0%"&'#()*(&#'-%*+6%3&);%,%*1-&(&"(/.%*&)+&)(&,(!"*,1;(F(&!"*,:1"&*,1;& ".)*,1&!"&',5."%(&#1&"'*1,'&".')*,+&7%F%#+&2%&);%,%*1'-+8&a,%#',(&',&7%&5(0%1-&0(&1"0(&'5&;-(#'*3&/.5&
5')#1-%"&.,%&7(5%"%"8 ?+)%&'%#%&!"&'#(')*+&;(,%.'0+&0(&*%5;&51-*(&)#("',%%&;,%(-"%#(&;("*,1&,(!"*,1;',(8&9(&;+54"*&"%&)(&
>%,1-&,(!"*,1;+,%-.,&;(&;+54"*&)(&7'#(&;4"+&#(&);%,%*1-&2%:'&!")12%*&*.*&#(&;1*('&!"/+6'3&#(,#(*'&2%& ;,(F%"*+ & *.'*+ & ?'5' & (/.-16%(%A & 0( & -' & )+-@'*%#1- & 0%" & ;+01,%-( & p,'F%-%(% & 2% & ;4"+ & -' & )74"*1- & ,(-%?%(%&
.@)(,/' & ;( & '#(')*+ & ;-'"(*+8 & H4"0 & *(,5%"+ & 2#.'-' & '#()*1% & ?-.@ & ;+54"*()#3 & ("*%*'*(' & );%,%*1'-+ & )(& @,'$5'"(3&5.F'%#(&)'1&#,(2*%"(&:&5.0(-1-&)1;,(5&'-&(/.-16%(%&;+54"*(2*%8&G'&#(&@1"&)+&,+*+#(')#+&
,(!"*,1;('F+&;(&.&'-*+&;-'"(*+3&0(&1"&?,'0&)1;(,%.,3&1"0(&'(,1-3&';'3&5(0%1-3&/%'6'&!"&?("(,'-3&)(& .51-&;,%"&'-*(&;-'"(*(3&#4"0&(-&*,(@1%(&)+&7'#+&2#.'-'&0(&?,'01-&#.,;1-1%&".)*,1&#(,()#D&J15'%&!"&
'"15%*(&)%*1'6%%&',&;1*('&)+&)(&,(!"*,1;(F(&;(&.&;-'"(*+&%"7(,%.',+3&2%&'"15(&#4"0&(&*,%5%)&'#.-.&#'&
;,(F%"*+&!"&#."0%6%%&)1;(,%.',(8&I%#%3&);%,%*1-&/'&'/('&;.)%@%-%*'*('&)+&!"#(';+&.&'-*+&)(,%(&0(&(L;(,%("6(3& 5%)%."',&0(&);%,%*(-(&!"'-*(3&)-1=%*.,%%&P'*+-1%3&;("*,1&'&-15%"'&2%&01#(&-'&;,.?,()& ,';%03&'"15%*(&
0(&)*10%%3&#',(&!-&/.,&01#(&-'&#1".2*%"6(&5'%&!"'-*(8 ;.;1-'6%%&0(&;(&'#('&;-'"(*+3&)'1&#4"0&7%%"0&1"&);%,%*&,(#'-#%*,'"*3&#',(&"1&;.'*(&;,.?,()'&;(&;-'"(*'&
".')*,+3&(&*,%5%)&;(&.&'-*+&;-'"(*+3&1"0(&#."0%6%%-(&0(&/%'6+&)1"*&5'%&?,(-(&0(#4*&;(&;+54"*8
T"%%&'7%,5+&#+&,(!"*,1;',('&()*(&.&".6%1"(&#."*,',+&#,(0%"6(%&#,(2*%"(8&a',(&0(&1"0(&'1&)#.)&'#()*&
I,?15("*(&'01)(&!"&);,%=%"1-&-(?%%&,(!"*,1;+,%% ',?15("*D&#4"0&0();,(&('&)(&7'#(&'-1F%(&#$%',&2%&!"&K74"*'&K#,%;*1,+8&U'%&!"*4%&*,(@1%(&)+&2*%5&#+&
'#(')*+&#,(0%"6+&'&,(/("%,%%&);%,%*1-1%&-'&/%'6'&*(,()*,+&()*(&/(#$(&0(&#4"0&-15('8&!"&;,%5%%&0.1+&)1*(&
0(&'"%&01;+&H$,%)*.)3&#,(2*%"%%&#,(0('1&!"&'#(')*+&,(/("%,(&"(#."*("%*+&;(&;+54"*3&2%&"15'%&0(&'*1"#%&
-.'*( & '7%,5'6%%-( & ,(7(,%*.',( & -' & ,(/("%,(' & );%,%*1-1% & 15'" & !" & #.,;1,% & 7%F%#( & ".%3 & "1 & ;,(' & ;.*& ):'&!"#(;1*&!"-+*1,',('&'#()*(%&#,(0%"6(3&;,%"&/.*1-&#(-.,&%?".,'"6%3&#'&7%%"0&.&;+,(,(&(,(*%#+8
#."/%"?(&;(&.51-&#',(&'10(&;("*,1&;,%5'&.',+&0(&'#()*&7';*8&9(&@1F(-(&*1*1,.,&)(&/'&"'2*(&!"*,(@',('A& K:'&5'%&F%)&#+&%0(('&,(!"*,1;+,%%&"1&!"'-6+&);%,%*1-8&9+,(,('&'#(')*'&(&#4*&)(&;.'*(&0(&"(#1?(*'*+8&H15&
BH',(&()*(&0./'0'&#+&!"*,:'0(/+,&);%,%*1-&,(/%"(&;(&;+54"*3&!"&#$%;&15'"3&!"&#'5(&2%&.')(3&;("*,1 ;.'*(&7%&!"+-6+*.',(&%0(('&#+&01;+&5.',*(&);%,%*1-&.51-1%&;-('#+&!"&#(,&2%&'#.-.&01#(&.&/%'6+&0(&/%)',(&
.&".1+&/%'6+&*(,()*,+DE (L*,'7%F%#+3&"(7+#4"0&"%5%#3&)*4"0&'-("(&5%%&2%&5%-%.'"(&0(&)(#.-(DM&T"0(&2%&#15&5'%&'/'")('F+&(-&
!"*,:'0(/+,3&;,.@-(5'&()*(&0(&#('&5'%&5',(&%5;.,*'"6+3&;("*,1&#+&)(&,(7(,+&-'&(L%)*("6'&".')*,+3& #4"0&'&;+,+)%*&/%'6'&*(,()*,+&0%"&7,'?(0+&#.;%-+,%(&)'1&0%,(#*&0(&-'&#.',"(-(&;-1?1-1%D&I0(/+,1-&()*(&#+&
-'&);%,%*3&2%&5(,%*+&*.'*+&.)*("('-'&;("*,1&'&7'#(&)+&;+*,1"0+&'#()*&'0(/+,&!"&5%"*('&.'5("%-.,8 01;+&#(&);%,%*1-&2%:'&'"'-%F'*&*.'*+&/%'6'&;+54"*(')#+&2%&'&*,')&!"/+6+5%"*(-(&7.-.)%*.',(3&()*(&#1;,%")&
!"'%"*(&0(&'&',+*'&)(,%'&0(&',?15("*(&#',(&;1"&!"*,:.&-15%"+&0(;-%"&#."/%"?+*.',(&'0(/+,1-&-(?%%& 0(&.&%1@%,(&"()74,2%*+&7'6+&0(&#(%&-+)'6%&;(&;+54"*3&7'6+&0(&!"*,('?'&15'"%*'*(3 &!"&#,(0%"6'&#+&:&;,%"&
,(!"*,1;+,%%3&/.%&(L;1"(&5'%&!"*4%&#4*(/'&.@%(#6%%&-'&'0,()'&'#()*1%&'0(/+,8 (L;(,%("6'&0.@4"0%*+&!"&)17(,%"6(-(&2%&?,(2(-%-(&)'-(&*,(#1*(&:&-(&;.'*(&7%&0(&7.-.)3&0.,(2*(&)+&,(/%"+&;(&
K:'&'7%,5'*A&BK;%,%*1-&15'"&;.'*(&)+&'/'")(F(&2%&!"&#(,3&7+,+&'&5'%&7%&"(/.%(&)+&,(/%"+&;(&;+54"*3& ;+54"*3&#1&)#.;1-&0(&':%&!"0,15'&2%&)7+*1%&)+&"1&,(;(*(&,+1-&7+#1*&0(&(-&'-*+0'*+3&!"0(5"4"01:%&)+&)(&
!" & *,1;E8& C1;+ & '7%,5'6%%-( & *(.-.?%-., &0%7(,%*(-., &@%)(,%#%3 & ,(F1-*+ & #+ &0'#+ & .51- & '& *,+%* &;( & ;+54"*& ,%0%#( & -' & 7';*( & @1"(3 & #',( & %:'1 & ;,.#1,'* & 7(,%#%,( & !" & );'6%13 & ;,./.#4"0 & ')*7(-3 & 01;+ & ;1*(,(' & -1%3&
#."7.,5&'"15%*.,&;,(#(;*(3&#4"0&/'&51,%3&);%,%*1-&)+1&)(&/'&01#(&!"&#(,&2%&'#.-.&/'&*,+%&;4"+&-'& ;,.?,()1-&7,'6%-.,&)+%&;+54"*("%8&C.,%"6'&01$1,%-.,&(/.-1'*(&0(&'&,(/("%&;(&;+54"*3&;("*,1&);,%=%"%,('&
=10(#'*'&#('&0%"&1,5+8&J1&"%&)(&);1"(&"%5%#&0();,(&'#*%/%*'*('&.51-1%3&'*4*('&2%&'*4*('&5%-%.'"(&0(& 2%&;./+61%,('&#(-.,&!"';.%'6%&"1&()*(&.',(&1"&'#*&)1@-%53&#(&#."#.,0+&#1&%1@%,('&-'&#',(&"(:'&!"0(5"'*&
'"%8&!"&#(&)*',(&)(&?+)(2*(&(-&'#.-.D&c+54"(&#1&'#(-('2%&#1".2*%"6(&2%&#."2*%%"6+&#'&;(&;+54"*D&J%&)(& )*,+-1#%*1-&K;%,%*3&)1@-%51-&".)*,1&C.5"&2%&C15"(F(1&R)1)&H$,%)*.)D&H',(&#."#(;6%(&()*(&5'%&".@%-+D&
,+);1"0(A&BS-&!2%&01#(&'#.-.&/%'6'3&;,.);(,4"0&5(,(1&);,(&;(,7(#6%1"(E8&C',&#15&:&"1&"%&)(&','*+8 K+&*,+%(2*%&(*(,"&!"*,:1"&;','0%)3&!"&5.0&%"'#*%/&2%&"15'%&;("*,1&*%"(3&(?.%)*3&.,%&)+&,(/%%&;(,%.0%#&;(&
J.%3&);%,%*1'-%2*%%3&'7%,5+5A&!"&H(,3&.51-&7'#(&)*10%%&0(&.,0%"&);%,%*1'-3&0',&(/.-16%'&#(,(&)*10%%&2%& ;+54"*&2%&)+&;',*%#%;%&-'&;,.?,()1-&.5("%,%%3&)+:%&'=16%&;(&7,'6%%&*+%&5'%&*%"(,%3&#',(&2./+%(&.,%&#'0&!"&
!"&)4"1-&5'*(,%(%&7%F%#(8&I%#%3&;(&?-.@1-&'#()*(%&;-'"(*(3&)'1&;(&'-*(&?-.@1,%&)%5%-',(3&)(&!"0(;-%"(2*(& 0,151-&(/.-16%(%&-.,D
;,.?,()1-3&5'%&'-()&#(-&5.,'-3&;("*,1&5.*%/1-&#+&!"&H(,&"1&(L%)*+&'*4*('&*("*'6%%&#'&;(&;+54"*3&2%&0(#%& C(F@,+#'6%&0(&;./','&0.?5(-.,&#,('*(&.5("(2*(&0(&#."01#+*.,%%&@%)(,%#%%&#,(2*%"(3&0(F@,+#'6%&0(&
'%#% & ;( & ;+54"* & '/(5& .#'F%% & )+ & "(& 0(F/.-*+5 & 7.,6(-(3 & #','#*(,1- & 5.,'- & 2% & 0%)#(,"+54"*1- & ".)*,1& .,%#( & ;,(=10(#'*+3 & /.5 & 0()#.;(,% & #+ & %0((' & ,(!"*,1;+,%% & ,+);1"0( & 1"1% & ;-'" & )1@-%5 & !" & (/.-16%'&
5("*'-8&R"&H(,&*,(#(5&!"&,(/%)*+&7';*(-(&0(&-'&"'2*(,('&2%&;4"+&-'&5.',*('&".')*,+&@%.-.?%#+8&!"&H(,&"1& 1"%/(,)1-1%3&;-'"1-&H(-1%&%"7%"%*&!"&!"6(-(;#%1"(3&H,('*.,1-&".)*,1&:&@%"(#1/4"*'*&7%(&J15(-(&K+18&
5'%&(L%)*+&'7'#(,%&.,%&F@1#%15+,%&;.-%*%#(3&#',(&)+:<&;,(.#1;(&;(&.5&2%&)+:<&7'#+&)+:2%&0(F/.-*(& C'#+&/%'6'&".')*,+&*(,()*,+&'&7.)*&;,()+,'*+&#1&5'%&51-*(&!5;,(=1,+,%&2%&(/("%5("*(&0(&.&%5;.,*'"6+&
7'#1-*+6%-(&5("*'-(8&I#.-.&"1&(L%)*+&0(#4*&;,.@-(5(&!"'-*(3&;,(#15&#(-(&'-(&(/.-16%(%&);%,%*1-1%3&7%F%#'& 0(.)(@%*+3&01,'*'&2(0(,%%&!"&)7(,'&#(,(')#+&()*(&5'%&5',(3&;("*,1&#'&;,%"&(L'5%"',('&/%(6%%&*(,()*,(&)+&
2%&#$%5%'&7-1%0(-.,3&#,('6%'3&;(&#',(&;16%"%&0%"&.'5("%%&).)%6%&!"&H(,&)1"*&#';'@%-%&)+&-(&'"'-%F(F(&2%& ;1*(5&'"'-%F'&2%&(L*,'?(&!"/+6+*1,'&5.,'-+&)'1&2*%%"6%7%#+3&!",(?%)*,'*+&!"&".%&)1@&7.,5+&0(&';*%*10%"%3&
#(,#(*(F(&;(&0(;-%"8&H(%&51-6%3&%"7%"%*&0(&51-6%3&"1&)%5*&"%#%&.&'*,'#6%(&);,(&')(5("('&'"'-%F(&2%&"%#%& !"#-%"'6%%&.,%&7'#1-*+6%&#1&#',(&/.5&,(/("%&!"&/%%*.',('&,(!"*,1;',(8
"1&)1"*&!"&)*',(&)+&-(&!"6(-('?+3&0(.',(#(&#."2*%%"6'&2%&(/.-16%'&-.,&)1"*&'@%'&-'&!"#(;1*8 K:'&5'%&'7%,5'*A&BC'#+&()*(&'0(/+,'*&#+&.51-&)(&,(!"*,1;('F+&5(,(13&'*1"#%&).61-&/'&7%&)(;','*&0(&
K+&;,()1;1"(5&#+&'5&-1'&".1+&;+,6%&0%"&;.;1-'6%'&?-.@1-1%&*(,()*,1&2%&-(:'5&01#(&!"*,:.&;',*(&'& ).6%(3&#.;%%%&0(&;+,%"6%&2%&;,%(*("&0(&;,%(*("3&0(#%&)(&(-%5%"+&;.)%@%-%*'*('&0(&'&)(&,(?+)%&!"&#(,E8&U1-6%&
1"%/(,)1-1%&1"0(&"1&(L%)*+&'7'#(,%3&=1,"'-(3&#+,6%3&*('*,13&#%"(5'*.?,'73&#+-+*.,%%3&;.-%*%#+Q&!"*,:1"&-.#& 2%:'1 & !"#$%;1%* & #+ & !"*.',#(,(' & ;( & ;+54"* & )( & 7'#( & #1,4"0 & 01;+ & 5.',*(' & 7%F%#+ & 2% & #+ & '*1"#% & #4"0&
1"0(&"1&'1&;.)%@%-%*'*('&)+&5+"4"#(3&)+&@('3&)+&0.',5+3&)+&51"#(')#+3&)+&%"/("*(F(Q&!"*,:1"&-.#&1"0(& ,(/("%5&-'&!"*,1;',(3&'%&".2*,%&):',&)1%&-'&H(,8&a,&'0(/+,1-&()*(&#+&2(0(5&51-*+&/,(5(&!"&);'6%%-(&0%"&
"1&()*(&;.)%@%-+&;%#*1,'3&)#1-;*1,'3&51F%#'&:&#1&'-*(&#1/%"*(3&"%#%&.&.#1;'6%(&2%&"%#%&1"&%"*(,()&#',(&)+& =1,1-&;+54"*1-1%3&1"0(&).)()#&,4"0&;(&,4"0&#(%&0,'?%8&R1@%,('&()*(&1"'&0%"&#(-(&5'%&5',%&7.,6(&'-(&
-(&;,(.#1;(&5%"*('3&)+&-(&%5;1-)%."(F(&%"*(-%?("6'8&I#(2*%&.'5("%&):',&;-%#*%)%&!"?,.F%*.,8&q&')(5("('& 1"%/(,)1-1%8&9,%"&%1@%,('& #(& "(:'&-(?'*& ;(&;+54"*3&#'&;,%(*("%3&7,'6%3&).6%&)'1& ;+,%"6%&2%&#.;%%3&"(&
/%'6+3&!"&#(,1-&0()#,%)&0(&,(;,(F("*'"6%%&0.?5(-.,&@%)(,%#(2*%3&"1&',&;1*('&)+:<&01#+&;(&.5&-'&"%#%&1"& #+1*+5&2%&"(&!"*4-"%5&!"&@1#1,%'&"(!"#$%;1%*+&2%&"((?'-'*+&#1&"%5%#&;(&;+54"*8
;,.?,()3 & 2% & !" & );(#%'- & ;( & .51- & )+-@'*%# & )'1 & 5(0%.#,1 & 0%" & ;1"#* & 0( & /(0(,( & 5.,'-8 & J15'% & ;,%"& R"&);'6%13&*.6%&#(%&#',(&)(&')('5+"+&)(&'01"+8&P.6%&#(%&#',(&'1&)17(,%*3&'1&;-4")3&'1&7.)*&@1"%&#'&
,(/("%,('&;(&;+54"*3&;,%"&,(!"*,1;',('&!"&#.,;&7%F%#&.5("()#&,(-1+5&7%,1-&!"*,(,1;*&#1&.#'F%'&5.,6%%& ".%3&#1&*.6%%&"(&'01"+5&2%&7.,5+53&#1&#(%&%1@%6%3&.&/')*+&7'5%-%(3&!"&#'0,1-&#+,(%'&0%)#1*+53&.@)(,/+5&
7%F%#(3&2%&#1-(?(5&:&!"&'#(')*+&5',(&2#.'-+&'&9+54"*1-1%&:&.@)(,/'6%%&".%3&*,(#(5&;,%"&!"#(,#+,%&2%& >%&"(&#.51"%#+5&%5;,()%%-(&2%&!"/+6+5%"*(-(8&I2'0',3&"1&)1"*(5&)(;','6%&!"&H(,3&2%&"(&/(0(5&01;+&
01,(,%3&"(&F@1#%15+5&2%&/.5&;-(#'&#1&1"&#';%*'-&@.?'*&0(&#1".2*%"6(&2%&!"/+6+*1,%&5.,'-(3&;(&#',(&-(& "%.',*('&*(,()*,+8&P(5;.,',& )( & ;.'*( & !"*45;-'&)+ & "1& "( &5'%& !"*4-"%5& !" &,(!"*,1;',('& ".')*,+ & ;(&
/.5&'"'-%F'&2%&0%"&#',(&/.5&)#.'*(&,(F1-*'*(&#(&"(&/.,&,%0%#'&;(&.&".1+&*,(';*+ 9+54"*3&;("*,1&#+&"(&"'2*(5&!"&6+,%&0%7(,%*(3&!"&7'5%-%%&0%7(,%*(&:&@.?'*(&)'1&)+,'#(&(*#8&:&01;+&"(/.%-(&
'&(/.-16%(%&".')*,(&/(2"%#(8 '/'")+,%%&".')*,(8&C',&'#(')*+&)%*1'6%(&"1&()*(&#('&#','#*(,%)*%#+8&c(?1-'&?("(,'-+&()*(&#+&);%,%*(-(3&
T"%%&!"#-%"+&)+&#,('0+&#+&);%,%*1-&.51-1%&)(&,(!"*,1;('F+&01;+&.&2(0(,(&0(&#4*/'&*%5;&!"&);'6%%-(& #4"0&;.,"()#&-'&,(!"*,1;',(3&#'1*+&)+&,(/%"+&1"(-(&-4"?+&'-*(-(3&!"&'#(('2%&7'5%-%(3&;("*,1 &#'&')*7(-&
(*(,'*(3&0',&"1&5'%&,(/%"(&;(&?-.@1-&9+54"*1-1%&".)*,13&#%&)(&,(!"*,1;('F+&0%,(#*&;(&'-*(&;-'"(*(&#1 %1@%,('&2%&);,%=%"1-&-.,&)+&#."*%"1(&;(&5'%&0(;',*(3&!"&".1'&/%'6+&*(,()*,+8

GA
TZ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&C,%7'&#',*( H(!"*,14',( T[
'

C'#+&)1"*(5&,+%&#1&)(5("%%&".2*,%3&!")('5"+&#+&"1&):'&0(2*(;*'*&!"&".%&!"#+&5%-'8&C'#+&)1"*(5& 7%F%#(2*(&2%&5'%&;1*(,"%#%&!"&#,(0%"6'&-.,8&c(F1-*'*1-&%"(/%*'@%-&'&7.)*&;%(%,('&;.;.,1-1%&,.5'"3&0(#+0(,('&
(?.%2*%3&!")('5"+&#+&"1&'5&;1)&!"&/%@,'6%(&%1@%,('3&,("1"6',('&-'&#(('&#(&"(&()*(&0(&;,%).)3&;("*,1&'& %5;(,%1-1%&2%&!"7-.,%,('&"'6%1"%-.,&*%"(,(8
121,'&;16%"&/%'6'&#(-.,&0(&.&()("6+&#1&".%3&'&7,'*(-1%&".)*,13&#,('*&0(&'#(-'2%&P'*+&#(,()#8 $ $ $
c4"0 & ;( & ,4"0 & ';+,4"0 & #'-%*+6%-( & );%,%*1-1%3 & 0%);', & %")*%"#*(-( & %"7(,%.',( & 0%" & ".% & ;("*,1 & #+ & !"&
0(7%"%*%/&,+1-&;,%"&(-&!")12%&"1&(L%)*+3&#%&0.',&-%;)'&@%"(-1%3&'@)("6'&#'-%*+6%-.,&);%,%*1'-(&#',(&"(7%%"0&
;1)(&!"#+&!"&'#*%/%*'*(&!"&7%%"6'&".')*,+3&"1&"(:'1&;(,5%)&)+&!"0(;-%"%5&@%"(-(8 !"&0(#1,)1-&/%(6%%&".')*,(&*(,()*,(3&51"#%53&"(&$,+"%53&"(&0%)*,+53&0',3&!"&-1"?'&)'1&)#1,*'&(%&
H.;%-1-&5%#&*,'?(&0(&#.'0+3&0(&1,(#$%3&@%(*1-&'"%5'-&2%&"%#%&;,%"&?4"0&"1:%&*,(#(&#+&!%&;,.01#(& )#1,?(,(3 & #."*,'#*+5 & 0'*.,%% & 7%F%#( & 2% & 5.,'-(8 & 9+,%"6%% & "(:'1 & #,()#1* & #1 & 5',% & )'#,%7%#%% & 7%F%#( & 2%&
01,(,(3&#+&7'#(& 1"&,+18&9()*(&#46%/'&'"%3&#4"0&)17-(*1-& #.;%-1-1%&'& 5'%&(/.-1'*3&#4"0&#.,;1-& )+1& )17-(*(2*%8&9,%(*("%%&"(:'1&!5;,151*'*&2%&54"?4%'*&-'&@.'-+&)'1&"(#'F8&I5&'01)&;(&-15(&#.;%%&;(&#',(&
"1&%:'5&(01#'*&0()*1-&0(&'*("*&2%&0(&51-*(&.,%&%:'5&#$%"1%*3&2%&'2'&5'%&0(;',*(8&U(,(1&.@-%?'6%%3&0(&
(5.6%."'-&)'1&;-'"(*',&)(&(L;,%5+&5'%&;1*(,"%#3&(-&()*(&5'%&)(")%@%-&-'&01,(,('&'-*.,'&2%&"1&5'%&()*(& 0%5%"('6'&;4"+&)(','8&I"%%&*,(#3&2%3&01;+&#(&7%,1-&/%(6%%&):'&,1;*3&1"0(&2%&#4"0&/.5&5'%&;1*('&;-+*%&
'*4*&0(&#,108 *.'*(&'#()*(&0'*.,%%&0(&.,0%"&5'*(,%'-&2%&5.,'-D
H(('&#(&)(&;(*,(#(3&!"&5%#3& #1&)17-(*1-& #.;%-1-1%3&)(&;(*,(#(3&!"&5',(3&#1&.51-3&#1& (/.-16%'& I5&54$"%*3&'5&71,'*e'5&.5.,4*&2%&"%5("%&"1&"(:'&2*%1*8&=H4"0&2%&1"0(&,(;',+5&*.'*(&'#()*(&
"()74,2%*+&'&);%,%*1-1%8&G'&!"#(;1*3&.51-&()*(&#,103&(?.%)*3&)+-@'*%#&2%&"(2*%1*.,3&'@).-1*&%?".,'"*&0(&*.*& *%#+-.2%%&'-(&/%(6%%&".')*,(D&!"&#(,1-&;,.;./+01%*&0(&@%)(,%#+D&J18&!"&);'6%%-(&%"7%"%*(3&!"&/%'6'&);%,%*1'-+&
#(&)(&;(*,(#(&!"&=1,1-&)+13&0',&.@)(,/'6%%-(3&(L;(,%("6(-(3&!"#(,#+,%-(&0(&*.*&7(-1-&!-&!"/'6+&5(,(1Q&')*7(-& 0(&0%"#.-.&0(&5.',*(3&"1&5'%&()*(&;.)%@%-+&,(;',',('&7';*(-.,&)+/4,2%*(&!"&-15('&7%F%#+8
*,(;*'*&(-&'=1"?(&-'&!"6(-(?(,(3&5%-+3Z&%1@%,(&2%&#15%"6("%(8&I&7.)*&%5.,'-&!"&;,%5(-(&*%5;1,%&:'=1"?(& I5&7+#1*&'#()*(&'#*(&"(#1?(*'*(&0(.',(#(&":'5&'/1*&0%)#(,"+54"*1-&5.,'-&0(F/.-*'*8&K;%,%*1-3&
01;+&"("15+,'*(&!"*,1;+,%&-'&0(;-%"'&5.,'-%*'*(Q&'&7.)*&)+-@'*%#&:&'=1"?(&!"6(-(;*8 '=1")&!"&-15('&);'6%'-+3&/(0(&%"#.,(#*%*10%"('&/%(6%%&)'-(3&/(0(&/%#%1-&!"&#',(&):'&'71"0'*&.,%&#,%5'&
C%"&#(-(&(L;1)(&)(&/(0(&#+&.51-&/%"(&;(&;+54"*&2%&!"/'6+&*.*&#(:<&;.'*(&-15%"'3&*.*&#(:<&;.'*(& #.5%)+3&2%&'*1"#%3&7%,(2*(3&7%%"0&5'%&#."2*%("*3&)(&#+%(2*(Q&',&/,('&)+:2%&#(',+&)#1F(3&0',&"1&.&5'%&;.'*(&
7'#(&5'%&@1"8&!"6(-(?4"0&');(#*(-(&2%&7(".5("(-(&/%(6%%3&;,%#(;(5&5'%&12.,&;,.@-(5'&,+1-1%&2%&'& 7'#(Q&',&/,('&)+&,(;',(&?,(2('-'&7%F%#+3&0',&"1&',(&5%=-.'#(-(&7%F%#(3&*,+%"0&!"*,:1"&5(0%1&);%,%*1'-8&
@%"(-1%8&H4"0&*.'*+&-15('&/'&;,'#*%#'&@%"(-(3&7,15.)1-&2%&'0(/+,1-3&/'&0%);',(&,+1-&2%&)17(,%"6'8&C',& I*1"#%3&("*%*'*('&);%,%*1'-+&,(/%"(&-'&.&".1+&/%'6+&*(,()*,+3&;("*,1&'&;-+*%&2%&,(;','&,+1-&;,.01)8
;4"+&/'&'=1"?(&.51-&-'&'#(')*+&!"'-*+&(*';+&'&(/.-16%(%3&/'&!"/+6'&-'&2#.'-'&"'*1,%%3&/'&)17(,%3&)(&/'& H.")(#%"6'&?,(2(-%%&7%F%#(&()*(&01,(,('&7%F%#+3&2%&#4"0&.&)17(,%53&!"/+6+5&)+&"1&5'%&,(;(*+5&!"&
,(!"*,1;'&;4"+&#4"0&/'&'=1"?(&)+&0(.)(@(')#+&#(&()*(&7.-.)%*.,3&7,15.)&2%&5.,'-&!"&7';*(-(3&/.,@(-(&2%& /%%*.,&?,(2('-'&,();(#*%/+8&a&?,(2('-+&5.,'-+3&.&0'*.,%(&5.,'-+&"('#$%*'*+&)(&/'&;-+*%&;,%"*,:.&01,(,(&
?4"01,%-(&)'-(8 5.,'-+3&0(/("%"0&0%"&#(&!"&#(&5'%&-15%"'6%8&I)*7(-&"(&0+5&)('5'&#+&.,%#(&7';*+&)(&;-+*(2*(3&.,%#(&,+1&
C(&51-*(&.,%&.51-&0(.)(@(2*(3&*(.,(*%#3&@%"(-(&0(&,+13&2%&*.*12%&'-1"(#+&2%&7'#(&,+1-3&0',&#1,4"0& )+/4,2%*&'-*1%'&)(&/'&!"*.',#(&!5;.*,%/'&".')*,+3&7%(&!"&'#(('2%&/%'6+3&7%(&!"&/%'6'&1,5+*.',(8
).)(2*( & )17(,%"6' & 2% & !% & '*,'?( & '*("6%' & ')1;,' & 7';*(% & )+/4,2%*(8 & K+ & ,+54"+8@%"( & !"*%;+,%* & !" & 5%"*('& 9,%"&1,5',(3&"15'%&;,%"&-(?('&,(!"*,1;+,%%&!"6(-(?(5&)%*1'6%%-(&".')*,(&7%F%#(&2%&5.,'-(3&0()*%"1-&
".')*,+A&4(&'#(')*+&48'"(*+/&3%&!"&)*'5%18&'#*1'8&5(&(0281.%(/&)1;(,%".'&()*(&)%"-1,'&#'8(&5(&(51#'.%(/ & ".)*,13&"15'%&('&5("6%"(&2%&;1"(&!"&(/%0("6+&x1)*%6%'&0%/%"+8
5(&,%5%#',(&'&27181%&4(&)#','&(0281.%(%9
$ $ $
- - -

c(!"*,1;',('&(L;-%#+&2%&0%7(,%*(-(&7'#1-*+6%&'-(&.51-1%8
H4*&*,+%(2*(&;(&;+54"*3&.51-&!"/'6+&#(/'&:&1"(.,%&2%&#(/'&@1"8&U1-*(&0%"&#(-(&!"/+6'*(&"1&-(& T"&#.;%-&)(&"'2*(&!"&)4"1-&1"(%&7'5%-%%&.@)#1,(3&1"(.,%&/%#%.')(3&%5.,'-(3&2%&#1&*.'*(&'#()*('3&
;.'*(&1*%-%F'&!"&-15('&0(&0%"#.-.8&I*1"#%3&,(/%"(&-'&/%'6'&;+54"*(')#+3&;("*,1&#'&'#()*(&#1".2*%"6(& #.;%-1-&:&0(2%&7%F%#&)('5+"+&#1&1"1-&0%"&;+,%"6%%&)+%&:&()*(&7.',*(&#15%"*(3&%"*(-%?("*&2%&5'%&*4,F%1&
'#151-'*(&!"&/%(6%-(&'"*(,%.',(3&)1@&7.,5+&0(&#';'#%*+6%3&)+&-(&;1"+&!"&)-1=@'&.5("%,%%&2%&!"&'#(-'2%& 0(/%"(&1"&.5&0(&/'-.',(8&J%5%#&0%"&'"*1,'=1-&)+1&"1&%:'&0(F/.-*'*&#'-%*+6%-(&)17-(*(2*%8&C(&1"0(&
*%5;&)+&-(&;(,7(#6%."(F(8&U',%%&.'5("%&0(8&2*%%"6+3&%"/("*'*.,%%3&51F%#%("%%3&;%#*.,%%3&.'5("%%&;,.71"0& %"*(-%?("6'3&0(&1"0(&5.,'-%*'*('3&0(&1"0(&!")12%,%-(&-1%&);%,%*1'-(D
,(-%?%.2%&2%&5',%%&5%)*%#%&2%&);%,%*1'-%2*%&)1"*&5',%&;("*,1&#+&'1&'#151-'*&!"/+6+5%"*(&;()*(&!"/+6+5%"*(& c+);1"0(&H(,1-A &@4%,%*18&8(6'&'51)&#1&)%"(&5%"&'8*(&0%(.%9&R8&'&0("%*&!"&)E"18&'#()*(%&;'7%8%%&
!"&51-*(-(&-.,&/%(6%&*,(#1*(8 %-"2,'"*(/&%72,'8(&#1&)#2418&!748%"%,%%&1"(%&5'*2,%%/&5%"&#'1M'&1"(%&8(-+*1,%&#1&'#(3*%&4+,%".%&5%"*,62 &
H%/%-%F'6%%-(&;.*&;%(,%&:&2%&#1&(-(&',*'&2%&2*%%"6'&-.,3&,(-%?%'&2%&7%-.).7%'&-.,&:&0',&7%%"6(-(&15'"( '8*+&0%'.+/&2,%&4("*,1&!748%"%,('&1"(%&$2*+,E,%&'&?(82,&5(&)1)/&#',(&'1&02%*&#'&4,%"&(8&)+&1,#(&3% &
#',(&'1&;,.01)&'#()*(&#%/%-%F'6%%&"1&;%(,8&S-(&*,+%()#3&!2%&'5%"*()#&2%&01;+&.&;(,%.'0+&0(&*%5;&,(/%" 4+,%".%%&)+%&4(&)#','&)4%,%*1'8%*+.%%9
;( & ;+54"*3 & !"F()*,'*( &#1 & *.* &*'-("*1- &#42*%?'* & !"& /%(6%-( & *,(#1*(3 &;("*,1 & '& #.")*,1% & #%/%-%F'6%% & 5'% SL%)*+&2%&#'F1,%3&#4"0&!"&7'5%-%%&.".,'@%-(3&#1-*(3&@%"(&)1@&*.'*(&,';.,*1,%-(3&)(&"')#&#.;%%&#',(&
!"7-.,%*.',(8 8&&&&8&&&&&&&8 '5+,+)#&@%(6%%&;+,%"6%&*.*&,()*1-&(L%)*("6(%&-.,8&K('5+"+&7%F%#&#1&1"1-&0%"&?("(,'*.,%3&0',&"1&)('5+"+&
T,5+,%"0&(/("%5("*(-(&0%"&*,(#1*1-&%)*.,%#&'-&;.;.',(-.,&.@)(,/+5&#15&1"(-(&"'6%1"%&)(&,%0%#'& ;,%"&!"#-%"+,%-(&5.,'-(&2%&%"*(-(#*1'-(&#1&"%#%&1"1-&0%"*,(&;+,%"6%8
/(,*%?%".)&;4"+&-'&!"'-*(&*,(;*(&'-(&@.?+6%(%3&;1*(,%%&2%&#%/%-%F'6%(%3&)(&@1#1,+&1"&*%5;&0(&.&;,.);(,%*'*(& C%"&'#()*(&(L(5;-(&,(%()(&(L%)*("6'&(,(0%*+6%%&7%F%#(3&7%%"0&;1)&!"&(/%0("6+&7';*1-&#+&/($%#.-1-&
2%&)*,+-1#%,(&0()+/4,2%*+3&';.%&!"#(;&)+&0('&!"';.%&:&#'0&!"&.@)#1,%*'*(&)'1&;%(,&0(&;(&',("'&;+54"*1-1%8& 7%F%#&'-&#.;%-1-1%&;.'*(&)(5+"'&#1&;+,%"6%%&)+%3&%&)(&;.*&*,'")5%*(&(,(0%*',&'"15%*(&!")12%,%&7%F%#(&0(&-'&
K*10%(5&#%,#15)*'"6(-(&(L*(,%.',(&#',(&',&;1*('&)+&"(&(L;-%#(&0(#'0("6'&1"1%&;.;.,&2%&"1&?+)%5&.& ;+,%"6%3&0',&"1&)1"*&(,(0%*',(&!")12%,%-(&)17-(*(2*%&2%&5'%&'-()&#(-(&);%,%*1'-(8&9+,%"6%%&"1&'1&7+#1*&0(#4*&
(L;-%#'6%(&#."/%"?+*.',(8&H.")*'*+5&.&0(#,(;%*10%"(&!"&*.'*(&)(")1,%-(&2%&.&0%5%"1',(&'&"15+,1-1%& )+:%&;,.#1,(&1"&*,1;&:&7(*1)1-3&%',&);%,%*1-&#(&)(&!"*,1;('F+&!"&'#()*&#.,;&7%F%#&()*(&)*,+%"3&()*(&.&'-*+&
-.#1%*.,%-.,3&'*4*'&*.*8 #,('6%(&'&P'*+-1%3&).)%*&;,%"&'#(2*%&;+,%"6%&!"&-15('&7%F%#+3&;("*,1&!"0(;-%"%,('&0()*%"1-1%&)+18&T"(.,%&
H(,#(*4"0&;,%"&;,%)5'&-(?%%&,(!"*,1;+,%%&'7-+5&#'1F(-(&0(#+0(,%%&1"1%&;.;.,&;'"'&-'&;%(%,('&)'8 (-&)(&,%0%#+3&'-*(.,%&*.*1-&'&7.)*&0(&;,%).)3&,+54"4"0&'#(-'2%&#'&!"'%"*(&0(&"'2*(,(8
H4*&*%5;&/%'*'&).#%'-+&2%&;.-%*%#+&'&1"1%&;.;.,&()*(&#15%"*(&:&7'5%-%'&).-%0+3&(01#'6%'&!"?,%=%*+3 S)*(&'0(/+,'*&#+&(1-&)1;,(53&);%,%*1-3&()*(&-%5%*'*&;4"+&-'&1"&'"15%*&;1"#*&0(&%")*,15("*1-&;(&
#,(0%"6'&@%"(&!"*,."'*+&!"&)17-(*(3&%',&?1/(,"'"6%%&)1"*&'"%5'6%&0(&%1@%,('&"('51-1%&-.,3&);,(&':<&01#(Q #',(&!-&/'&1*%-%F'3&0(&#.,;1-&7%F%#&!"&#',(&)(&/'&!"*,1;'8&I)*7(-3&.51-&()*(&1"&#.5;-(L&7.,5'*&0%"&
-'&1"&%0('-&:&("*%*+6%-(&);%,%*1'-(&(/.-1'*(&#'1*+&)+&)(&"')#+&5(,(1&!"&5%=-.#1-&'#()*(%&"'6%1"%3&#',(&= #'-%*+6%-(&7%F%#(&'-(&*,1;1-1%&)+1&:&5.2*("%*(&!"&;',*(&0(&-'&;+,%"6%3&2%&0%"&!")12%,%-(&);%,%*1'-(&:#42*%?'*(&
)(&,%0%#+&,(;(0(&!"&?,'"0.',(&2%&(L;,%5',(&;(&*.'*(&;-'"1,%-(8 e&&&A !"&/%(6%-(&*,(#1*(8
I2'0',3&)*,+-1#%,('&1"1%&;.;.,&0(;%"0(&0(&/'-.',('&("*%*+6%-.,&);%,%*1'-(&,(!"*,1;'*(&!"&)4"1-&)'13A& R"&?("(,'-3&#.;%%%&"+)#16%&0%"&;+,%"6%&)-'@%&0(&);%,%*&)'1&/%#%.2%&)1"*&2%&(%&,(012%&2%&%5.,'-%3&#'&2%&
7%%"0 & #$(5'*( & 0( & 5(0%1- & 0%" & #( & !" & #( & 5'% & ;,%(-"%# & '/'")+,%% & -., & );%,%*1'-(8 & R5(0%'* & #( & #.,1;6%'& 9+,%"6%%&-.,3&;(&0(&.&;',*(&;("*,1&#+&(-(5("*(-(&?("(,'*.',(&;,.#1,'*(&0(&-'&;+,%"6%&)1"*&0(&.&#'-%*'*(&
;+*,1"0(&!"&5')'&'#()*1%&;.;.,3 &#4"0&7'5%-%'&"1&5'%&',(&*(5(%1,%&;1*(,"%#(3&#4"0&(01#'6%'&()*(& %"7(,%.',+3&?,.).-'"+3&%',&;(&0(&'-*+&;',*(&);%,%*(-(&0%);1)(&)+&)(&!"*,1;(F(&!"&'#()*(&7'5%-%%&)1"*&!"&
21@,(0+&2%&5.,'/1,%-(&12.',(&#1;,%"0&!"*,(?1-&;.;.,3&("*%*+6%-(&);%,%*1'-(&-15%".')(3&(/.-1'*(3&%n&5'%& ?("(,'-&)-'@&0(F/.-*'*(8
/%"&'%#%3&)(&,(!"*,1;('F+&!"&'-*(&;.;.',(3&1"0(&!2%&;.*&#."*%"1'&(/.-16%'8&C%"&'#(-&5.5("*3&j&"('51-& o+,+ & '05%*(,(' & ,(!"*,1;+,%% & "1& ()*( & ;.)%@%-+ & (L;-%#',(' & 0%7(,("6(% & 0( & %"*(-%?("6+3 & #15%"6("%(3&
'#(-'&"1&5'%&',(&.'5("%&0(&)('5+3&;(&"%#%&1"&;-'"3&%',&;.;.,1-&,+54"(&)1@&#."01#(,('&);%,%*(-.,& /.%"6+3&#','#*(,&2%&*(5;(,'5("*&!"*,(&#.;%%%&'#(-(%'2%&7'5%-%%8&o%(#',(&/%"(&!"&-15('&7%F%#+&#1&@'?'=1-&
*%"(,(3&;16%"&(/.-1'*(&);%,%*1'-&2%&7+,+&(L;(,%("6+8&I)*7(-&;.;1-'6%'&)#'0(&#1&*%5;1-3&;4"+&#(&"1&5'%& )'1&0(&5.,'-%*'*(3&);%,%*1'-%*'*(3&0%"&/%(6%-(&*,(#1*(8&9,%"&1,5',(&,(!"*,1;',('&"(&(L;-%#+&0%7(,("6(-(&
,(;,(F%"*+&1"&7'#*.,&%5;.,*'"*&!"&#."#(,*1-&;.;.',(-.,3&7%%"0&#.;-(2%*&0(&'-*(&"('51,%8&Q 0%"*,( & .'5("%3 & 0%7(,("6( & #',( & "1 & )1"* & 1,5',(' & 1"., & !"*45;-+,% & 7+,+ & )(")3 & "%#% & ' & /,(1"(% & -(?% & '&
H4"0&;.;.,1-&,.5'"&'&7.)*&#1;,%")&0(&#.,1;6%(&5.,'-+&2%&;.-%*%#+3&("*%*+6%-(&);%,%*1'-(&#',(&'1Q& U(0%*'6%%&7%F%#(3&#%&(-(&)(&0'*.,()#&/4,)*(%&);%,%*1-1%&.5("()#3&?,'01-1%&)+1&(/.-1*%/8
#."*,%@1%*&-'&?-.,%'&)'&):'1&!"*,1;'*&-'&?'-%&2%&?(,5'"%Q&(&0,(;*3&5'%&;16%"&#%/%-%F'6%3&0',&5'%&;17-Q8

$
TX >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&:&C,%7'&#',*( H(!"*,14',( TY
'

!"*,:'0(/+,3&0.1+&("*%*+6%&);%,%*1'-(&-(?'*(&;,%"&%1@%,(&!"*,:.&/%'6+&*(,()*,+3&#4"0&/.,&,(/("%&!"& )+&-(&'#.,0(&.&(L%)*("6+&!"*1"(#'*+3&%?".,'"*+3&)+-@'*%#+&2%&;-%"+&0(&5%F(,%(D&!"6(-()1-&#-',&;("*,1&.&
-'@.,'*.,1-&"'*1,%%&*(,()*,(&/.,&#+1*'&)+&)(&';,.;%(&1"'&0(&'-*'&:&#'&7,'6%&)'1&)1,.,%3&;+,%"6%&2%&#.;%%3&#'& 5%"*(&0(F@,+#'*+&0(&;,(F156%%&()*(&#+&);%,%*1-&'&;,((L%)*'*&!"'%"*(&0(&'&)(&!"*,1;'&2%&#+&(-&,(/%"(&5(,(1&
;,%(*("%&)'1&,10(8&!"&'#()*(&".%&7.,5(&7%F%#(3&!"&'#()*(&".%&-(?+*1,%3&%1@%,('&/'&-1'&'-*+&!"7+6%2',(3&'-*& !"&*,1;3&#'&)+&!"/(6(&#(('&#(&"1&'&2*%1*&!"&'-*+&/%'6+3&)+&,(;',(&#(('&#(&'&?,(2%*&2%&)+:2%&#.,(#*(F(&8&
#.-.,%*&2%&!"&0(7%"%*%/3&-'&7%(#',(&!"*,1;',(&('&/'&)74,2%&5'%&);%,%*1'-+&0(#4*&(,'&-'&!"#(;1*8 %5;(,7(#6%1"%-(8
!"&);'6%13&!"&*%5;1-&'"'-%F(%&);%,%*1'-(3&"%&)(&,(/(-('F+&!"&5.0&,(?,()%/&#'1F(-(&2%&!5;,(=1,+,%-(& x10(#'*'&:&0',1-&)74"*&'2(F'*&0(&P'*+-&!"&7%%"6'&".')*,+&:&"(&);1"(&#+&);%,%*1-&;,((L%)*+&*,1;1-1%3&#+&
';,.;%(,%% & ".')*,( & 0( & '#(-( & ("*%*+6% & );%,%*1'-( & #1 & #',( & "(:'5 & -(?'* & ;,%" & -(?+*1,' & 0%/%"+ & ' & %1@%,%%& (-&*,+%(2*(&01;+&5.',*('&*,1;1-1%3&#+&;("*,1&'&)(&;(,7(#6%."'3&,(/%"(&5(,(1&!"&5(0%1b&1"0(&'&5'%&
:71"0'5("*1-&#,('6%(%&*1*1,.,&1"%/(,)1,%-.,&0%"&*,(#1*&2%&/%%*.,8&9,%"&1,5',(&);%,%*1-&".)*,1&"(51,%*.,& !"/+6'*3&!"*,:.&'-*+&(L%)*("6+&7%F%#+3&'0%#+&)(&,(!"*,1;('F+8&J15'%&?,'6%(&'#()*(%&-(?%&"(&;1*(5&(L;-%#'&
;+)*,('F+&!"*,('?'&#."2*%%"6+A&#%"(&'&7.)*3&1"0(&'&*,+%*3&#1&#%"(&):'&-(?'*&!"&@%"(&2%&!"&,+13&',(&5(5.,%'& 0%7(,("6'&0%"*,(&%"0%/%F%3&;(&;-'"&*,1;()#3&%"*(-(#*1'-&2%&);%,%*1'-8&P.*1-&0(;%"0(&0(&(/.-16%(8&I)*7(-&
0(;-%"+&'&/%(6%-.,&*,(#1*(&2%80.,%"6'&/%(&'&1"(%&')#(")%1"%&#(&01#(&-'&9(,7(#6%1"('&0%/%"+8 !"6(-(?(5&#+&0()*%"1-&".)*,1&'#*1'-&()*(&,(F1-*'*1-&*,(#1*1-1%&".)*,13&%',&#4*&;,%/(2*(&"'2*(,('&".')*,+&
H(%&#',(&"1&#,(0&0(#4*&!"&-15('&*(,()*,+3&)(&'?'6+&5(,(1&0(&7(-&0(&7(-&0(&',?15("*(8&I)*7(-3&(%& ;,%"*,:1"&;,.#(0(1&7%F%#3&!"&;4"*(#(-(&5'5(%3&'#()*'&()*(&"15'%&;("*,1&'&.@6%"(&1"&#.,;&7%F%#3&1"&
!"*,('@+A&BC'#+&'#*1-&,(!"*,1;+,%%&()*(&1"&'0(/+,3&'*1"#%&0(&#(&;.;1-'6%'&#,(2*(&5(,(1&;(&;+54"*D&I,& #.)*15&0(&)#'7'"0,1&;,%"&%"*(,5(0%1-&#+,1%'&);%,%*1-&)+:2%&#."*%"1(&)*10%%-(&2%&#(,#(*+,%-(&!"&)4"1-&
*,(@1%&#'&('&)+&,+54"+&#.")*'"*+8&C'#+&.'5("%%&0(&;(&;+54"*&/.,&7.,5'&-15('&%"/%F%@%-+&%',&'#(2*%'3& -15%%&7%F%#(8&C'#+&;,%"&'#()*&%")*,15("*&.@6%"1*&0(&-'&;+,%"6%&5.2*("%5&'"15%*(&!")12%,%&7%F%#(&:&.&
-'&,4"01-&-.,3&/.,&,(/("%&)+:<&;.;1-(F(3&',&*,(@1%&#'&;.;1-'6%'&;+54"*1-1%&)+&,+54"+&'#(('2%8E .',(#',(&')(5+"',(&7%F%#+3&.&;,(0%);.F%6%(&;("*,1&.&'"15%*+&@.'-+3&"1&!")('5"+&#+&)1"*&(,(0%*',(&2%&
I,?15("*1-&',&;1*('&7%&/'-'@%-3&0',&)(&1%*+&#+&(/.-16%'&()*(&1"&7(".5("&1"%/(,)'-3&/'-'@%-&;("*,1& !")12%,%-(&);%,%*1'-(&2%&)17-(*(2*%8&I#()*(&!")12%,%&)1"*&,(F1-*'*1-&51"#%%&);%,%*1-1%&0(:'&-1"?1-&'&5%%&0(&
7%(#',(&,(?"&:&5%"(,'-3&/(?(*'-3&'"%5'-3&15'"3&#+&2%&;%(*,(-(3&;-'"*(-(&2%&'"%5'-(-(&(/.-1('F+3&1,#4"0& ,(!"*,1;+,%8 &I2' & )( & (L;-%#+ & #15 & !" & )4"1- & 1"(% & 7'5%-%% & )%5;-(3 & 0%" & ;+,%"6% & 7+,+ & #'-%*+6% & );%,%*1'-(&
*,(';*+&#1&*,(';*+8&C'*.,%*+&(/.-16%(%3&);%,%*1-&'"%5'-(-.,&)1;(,%.',(3&'=1")&-'&.&'"15%*+&(*';+&(/.-1*%/+3& 0(.)(@%*(3&)(&"'2*(&1"&?("%18
)(&/'&!"*,1;'&!"*,:.&;(,)."'-%*'*(&15'"+3&!"*,:1"&#.,;&15'"&';',6%"4"0&1"(%&,')(&;,%5%*%/(8&9(&-4"?+& $ $ $
'#()*&';.,*&/("%*&0%"&-15('&'"%5'-+3&5'%&(L%)*+&2%&1"&#."*%"?("*&0(&);%,%*(&#',(&'1&(/.-1'*&;(&'-*(&
;-'"(*(3&%"7(,%.',(&9+54"*1-1%Q&'*%"?4"0&'#.-.&5'L%51-&0(&(/.-16%(3&(-(&/%"&)+:2%&#."*%"1(&(/.-16%'& !"&?("(,'-3&.5("%,('&#,(0(&#+=L+%(2*(&.&)%"?1,+&0'*+&;(&;+54"*3&1%*4"0&#+&/%'6'&".')*,+&()*(&)#1,*+3&
;(&;-'"(*'&".')*,+8 7%(&('&2%&0(&.&)1*+&0(&'"%8&!"&'#()*&%"*(,/'-&)#1,*&0(&*%5;3&"1&;1*(5&!"*4-"%&.#'F%%&0()*1-(&;("*,1&'&
!"/+6'&*.*1-3&'2'&#+&-'&)74,2%*1-&/%(6%%&*(,()*,(&)15'&0(&#1".2*%"6(&2%&!"6(-(;#%1"(&()*(&7.',*(&,(01)+8&I%&
!"/+6'*&7%-.-.?%(3&"1&#1".2*%&2*%%"6(-(&"'*1,%%Q&'%&!"/+6'*&7%-.).7%(3&":'%&#1".2*%"6(&0(&',*+Q&'%&#1".)#1*&
S)*(&'0(/+,'*&#+&2*%%"6'&'&7+#1*&;,.?,()(&5',%&!"&0.5("%1-&#(,#(*+,%%&5'*(,%(%&/%F%@%-(3&;'-;'@%-(& )+,+#%'3&"1&'%&%0((&0(&)*',('&)17-(*1-1%&#4"0&0%);1"(&0(&@1"1,%&;+54"*(2*%&:&2%&'2'&5'%&0(;',*(8&!"&
2%&'"'-%F'@%-(3&0',&!"&0.5("%1-&)17-(*1-1%&2%&5'%&'-()&'-&);%,%*1-1%&)(&#1".'2*(&;,('&;16%"3&2%&0(&1" '#()*&#'F3&;,.?,()1-&);%,%*1-1%3&@'?'=1-&#1&#',(&);%,%*1-&*,(#(&;.,6%-(&5.,6%%3&()*(&,(01)8&K+&"1&1%*+5&#+&
"15+,&,()*,4")&0(&.'5("%8 ;16%"%&.'5("%&'*%"?&/4,)*'&@+*,4"(6%%3&#+&(L%)*+&"15(,.')(&#'F1,%&#4"0&.51-&;+,+)(2*(&;-'"1-&7%F%#&!"&
!"&=1,1-&".)*,1&)(&;(*,(#&'*4*('&7(".5("(&"((L;-%#'*(&0(&2*%%"6'&5'*(,%'-%)*+&:&/%)(3&;,(/()*%,%3& *%"(,(6(&)'1&#$%',&!"&7,'?(0+&#.;%-+,%(8&U1-6%&":'1&0(#4*&.&(L%)*("6+&0(&#4*(/'&F%-(&)'1&.,(8&S%&@%"(3&#(&
5'*(,%'-%F+,%3&/%"0(#+,%3&#.51"%#+,%&#1&("*%*+6%&);%,%*1'-(&:&7';*(&#',(&;,.@('F+&#+&);%,%*1-&2%&#."2*%%"6'& !"/+6+5%"*(&'&;1*1*&'01"'&'#()*&);%,%*&"(51,%*.,3&!"&0(#1,)&0(&#4*(/'&F%-(&;(*,(#1*(&!"&"(2*%%"6+3&#'&
)1?',8
-1%&;(,)%)*+&0(:'&-1"?1-&/,(5%%&2%&01;+&5.',*('&#.,;1-1%&7%F%#8 K%*1'6%'&)(&)#$%5@+&0'#+&.51-&/%"(&5(,(1&-'&,(!"*,1;',(8&a,%#4*&0(&)#1,*(&',&7%&(L%)*("6(-(&)'-(&
C'#+&)*10%(5&#1&'*("6%(&'#()*(&7';*(3&'=1"?(5&-'&#."/%"?(,('&#+&"%#%&1"'&0%"&#'-%*+6%-(&5("*'-(3& ;+54"*(2*%3&!"/+64"0&#4*(&#(/'&!"&7%(#',(&/%'6+3&'#()*(&;16%"(&#1".2*%"6(3&(L;(,%("6(&2%&.@)(,/'6%%3&)(&
5.,'-(&2%&);%,%*1'-(&;.)(0'*(&0(&#."2*%%"6'&.5("(')#+&"1&)1"*&;%(,01*(&01;+&5.',*('&#.,;1-1%&7%F%#3& '#151-('F+&!"&0(#1,)1-&'&5%%&0(&,(!"*,1;+,%3&7.,54"0&')*7(-&1"&#';%*'-&/')*3&#',(&/'&#."*,%@1%&-'&
0(#%&'#()*(&#'-%*+6%&"1&;.*&7%&;,.01)1-&)*,1#*1,%%&#(-1-',(&'&.,?'"%)51-1%&".)*,13&2%&"1&)(&*,'")5%*&;,%" #1".'2*(,('&()("6(%&#,('6%(%3&'&G(?%-.,&0%/%"(3&7+#4"01:<&;(&.5&@1"3&5%-.)&2%&5.,'-8&P,(;*'*3&;(&
(,(0%*'*(&7%F%#+8 "()%56%*(&2%&7+,+&2*%,('&)'3&.51-&)(&/'&,%0%#'&-'&.&!"'-*+&);%,%*1'-%*'*(8
>*%%"6'&,(/(-'*+&()*(&I0(/+,1-&#',(&-15%"('F+&,(?%1"%-(&"(#1".)#1*(&'-(&);%,%*1-1%3&'0(/+,&#(& !"*,(@'6%:/+&=10(#'*'3&2%&/(6%&/(0('&#+&('&/+&/'&,+);1"0(&#'&7%%"0&-.?%#+&'#(')*+&,(/("%,(&;,%"&
)'*%)7'#(& 2%&;( & )'/'"*1- &)#,1;1-.) & 2%& ;( &.51-&)%5;-13& #1 &#."0%6%' &)+ & 7%&'*%") &.& .',(#',(& *,(';*+& ,(!"*,1;+,%3&2%&#+&()*(&%5;.)%@%-+&.&)%"?1,+&(L%)*("6+8&J'2*(,('&';',(&#$%',&7+,+&"%#%&1"&,.)*3&#4"0&
(/.-1*%/+3&;1,%*'*(&2%&15%-%"6+3&2%&)+&7%(&!"#+-F%6%&"15'%&0(&#,(0%"6'&(L%)*("6(%&1"(%&9,./%0("6(&#,('*.',(8 ;+,+)(2*%&-15('&'#(')*'&!"&7,'?(0+&#.;%-+,%(8&9("*,1&#(&'%&5'%&/("%*&-'&/%'6+D&J15'%&)+&';',%&#'&1"&
SL%)*+&0.1+&*(.,%%&%5;.,*'"*(&,(7(,%*.',(&-'&);%,%*A 5(*(.,3&7+,+&)+&7%&?1)*'*&2%&!"6(-()&#(/'&0%"&('3&2%&)+&;%(,%&;(&/(#%&0(&;(&',("'&/%(6%%D
<8R"0%/%01'-%*'*('&#."2*%("*+&%"*,+&!"&'#6%1"(&"15'%&0%"&5.5("*1-&"'2*(,%%&)'-(&;(&;+54"*3&'0%#+& SL%)*+&'*4*('&',?15("*(&#',(&#."01#&-'&'05%*(,('&'0(/+,1-1%&,(/("%,%%&;,%"&!"*,1;',(&-'&2#.'-'&
.51-&()-(&.&#,('6%(&'&C%/%"%*+6%%3&-'&7%(#',(&"'2*(,(8 *(,()*,+3&!"#4*&"15'%&#%"(&)(&!"?,+0(2*(&0(&)17%#%("6'&#1".2*%"6(-.,&)'-(&!-&5'%&;.'*(&"(?'8
V8R"0%/%01'-%*'*('&#."2*%("*+&(L%)*+&0(&/('#1,%&2%&('&"1&7'#(&0(#4*&)+&#.@.',(3&0%"&#4"0&!"&#4"03& a51-&"1&',(&*%5;1-&"(#()',&)+&.@)(,/(&"'*1,'3&)+&)*10%(F(&-15('&!"#."=1,+*.',(3&;("*,1&#+&!"&
#.;%-+,%(&()*(&;,('&"(;,%#(;1*3&)%)*(51-&)+1&#(,(@,'-&"(7%%"0&7.,5'*&;("*,1&':%&!"6(-(?(&7(".5("(-(8&
!"&5%=-.#1-&5'*(,%(%&7%F%#(&2%&)+&'"%5(&.&7.,5+&5'*(,%'-+3&7%F%#+8E U'%&*4,F%1&!2%&7'#(&)*10%%-(3&#',%(,'3&2%&()*(&;,('&'@).,@%*&#+*,(&.&)%"?1,+&-'*1,+&'&/%(6%%8&T,5('F+&
9,%5'&%"*(,;,(*'*(&'&7.)*&0'*+&2%&)1)6%"1*+&0(&/,(.&<8\qq&0(&'"%&!"#.'#(8&J15+,1-&#(-.,&#',(& 7'5%-%'3&#.;%%%&2%&?,%=%-(&)(&'01"+&;(&#';1-&)+18&H+*,(&@+*,4"(6(3&()*(&5'%&-%@(,3&!")+&7%F%#1-&(&?4,@./%*3&
)1)6%"&'#(')*+&*(.,%(&()*(&!"&)#+0(,(&#."*%"1+3&0(.',(#(&#1&*.'*+&!"';.%(,('&!"&#',(&"(&?+)%53&!"&#(('& )-+@%*&2%&"1&5'%&0%);1"(&0(&/%?.',('&"(#()',+&)*10%1-1%&2%&5(0%*'6%(%&')1;,'&7(".5("(-.,&/%(6%%&)1@&
#(&;,%/(2*(&2*%%"6'&);%,%*1'-+3&-.?%#'&"(&','*+&#+&'#(')*+&*(.,%(&01#(&-'&1,5+,%&%5;.)%@%-(8&!"*,:'0(/+,3& *.'*(&');(#*(-(&(%8&I2'0',3&!"&'#(')*+&01,'*+&)#1,*+&'&*,'%1-1%&)+1&;(&;+54"*3&;(*,(#1*&';,.';(&"15'%&
()*(&'@)1,0&)+&;,()1;1"(5&#+&0.%&).6%3&;,%"&'#*1-&-.,&)(L1'-3&0'1&"'2*(,(&1"(%&;(,)."'-%*+6%&#',(&/'& ;("*,1&(L%)*("6'&'"%5'-%#+3&.51-1%&!%&,+54"(&;16%"&*%5;&;("*,1&)*10%1-&"'*1,%%3&;("*,1&)*10%1-&7%%"6(%&
*,+%&!"&/(2"%#%(8&J.,5'%&()*(&#'&.&;(,)."'-%*'*(&#$(5'*+&-'&/%'6+&;,%"*,:1"&;,.#(0(1&7%F%#3&)+&!"#(*(F(& )'-(&)1@&');(#*&5.,'-&2%&);%,%*1'-8
0(&'&5'%&*,+%&!"&1,5'&;,.#(0(1-1%&7%F%#&'-&5.,6%%&)'-(8 S)*(&'@).-1*+&"(/.%(&)+&,(/("%5&5(,(1&;(&',("'&?-.@1-1%&".)*,13&!"&-15('&5'*(,%(%&7%F%#(3&;("*,1&
K(&%"/.#+&;1*(,('&0%/%"+&!"&#,('6%'&'#()*1%&.5&#$(5'*&-'&/%'6'&7%F%#+8&H1,%.)3&)(&%"/.#+&;1*(,('& '&'01"'&(L;(,%("6(&".%&2%&'&!"/+6'&-(#6%%&".%8&H$%',&0'#+&'5&;,()1;1"(&#+&/%'6'&".')*,+&',&01,'&.&5%(&
#,('*.',(&'&C%/%"%*+6%%&"15'%&#1&.#'F%'&1"%,%%&)(L1'-(&'&.'5("%-.,DM&C'#+&()*(&/.,@'&0(&#,('6%'&0(& 0(&'"%3&%"*(-%?("6'&".')*,+&"1&()*(&0(.#'50'*+&#';'@%-+&)+&')%5%-(F(&!"*,:.&)%"?1,+&!"*,1;',(&*.*&#(&)(&
5.5("*&'&C%/%"%*+6%%3&('&"1&):',&;1*('&7'#(&2%&7+,+&,+)#.-%,('&;')%1"%-.,&.5("(2*%D&C%/%"%*'*('&()*(& ;.'*(&#1".'2*(8&J15'%&;,%"&,(!"*,1;+,%&#."*%"1(3&,(;(*'*(3&'/(5&;.)%@%-%*'*('&)+&#1".'2*(5&/%'6'&)1@&
%"7%"%*+&!"&;1*(,(3&!"&!"6(-(;#%1"(3&01;+&#15&,(F1-*+&0%"&*.*&#(&()*(&!"&=1,1-&".)*,18 *.'*(&');(#*(-(&(%3&)+&#1".'2*(5&*.'*(&0.5("%%-(&2*%%"6(%3&)+&*,(#(5&;,%"&*.'*(&?("1,%-(&0(&#%/%-%F'6%(&
9-'"1-&1,5+,%*&()*(&'#(-'&#'&;+,%"6%%&)+&7.,5(F(&-1*1-&!"&#',(&/'&/("%&.51-&);'6%'-3&("*%*'*('&Q& 2%&)+&#1".'2*(5&7%(#',(&'#*%/%*'*(&15'"+8
);%,%*1'-+&#(& /'&!")17-(6%&5'*(,%'&7%F%#+3&"+)#4"01:)(&1"& .5&*,1;()#8&9,%"&1,5',(3&);%,%*1-& "1&(& .& G'&!"#(;1*1-&(L%)*("6(%&)'-(3&!"&;,%5(-(&)'-(&!"*,1;+,%3&'5&);1)&#+&);%,%*1-&#."6%"(&!"&%"*(,%.,1-&
#,('6%(&0(&5.5("*3&;("*,1&#+&".%&(L%)*+5&0(&5%-%',0(&0(&/('#1,%&:&0(&;(&#4"0&'"%5'5&.&;',*%#1-'& )+13&!"&)*',(&-'*("*+3&*.'*(&;.)%@%-%*+6%-(&0(&!"+-6',(&5.,'-+3&%"*(-(#*1'-+&2%&);%,%*1'-+8&P,+%"0&F%&0(&F%&
(*(,%#+3&1"&'*.53&.&5.-(#1-+3&1"&@.@&0(&"%)%;3&2%&0(&'-*(&51-*(&5%-%',0(&0(&'"%&:&0(&;(&#4"0&(,'5& 5&5%=-.#1-&5'*(,%(%&7%F%#(&2%&'&7.,6(-.,&#(&.&;1"&!"&5%2#',(3&(-(&!-&%5;1-)%."('F+3&-1#,('F+&')1;,'&7.%&
"15'%&)7(,(& -15%".')(& !"&);'6%%-(&%"7%"%*(&'-(&#.)5.)1-1%8&>%&';.%& #15&;1*(5&)+&"(&!"#$%;1%5&.& 2%& !-& 7'#& 0%"& #(& !"& #(& 5'% & !"6(-(?+*.,8 & 94"+& !"& 5.5("*1-& #4"0& '#(')*+ &#'-%*'*( & "1 & ()*(& ;1)+ & !"&
(
C%/%"%*'*(&'*4*&0(&;+,*%"%*.',(3&'*4*&0(&"(0,(';*+3&!"#4*&)+:<&'01#+&;(&.5&!"&-15('&7%F%#+&"15'%&.&0'*+3& /%0("6+3&.51-&()*(&%5.,'-3&%?".,'"*3&7+,+&);%,%*1'-%*'*(&2%&)*+;4"%*&0(&%")*%"#*(&=.')(8
7+,+&;.)%@%-%*'*('&#'&'#()*'&)+:2%&,(;',(&?,(2(-%-(3&)+:<&#,((F(&'#15&2%&1".,'&)+&-(&0+,1%')#+&#'-%*+6%&
5("*'-(3&5.,'-(&2%&);%,%*1'-(&!"+-6'*(&;4"+&-'&)*'*1,'&1"1%&)74"*&.,%&'&1"1%&)'/'"*8&R',&'-*.,'
T\ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&C,%7'&#',*( H(!"*,14',( TT
'

!"+-6%5('&%"*(-%?("6(%3&0%@+#%'3&*'-("*1-&',*%)*%#3&".@-(6('&)("*%5("*1-1%3&5.,'-%*'*('3&/.%"6'&"1&'1&
7.)*&0+,1%*(&-'&!"*45;-',(&0(&#%"(/'3&#%&'1&7.)*&#42*%?'*(&;,%"*,:.&51"#+&-1"?+&2%&');,+8&J%5("%&"1& e9
"(:'&!"F()*,'*&#1&/,(.&#'-%*'*(&.',(#',(3&#%&'5&0.@4"0%*:.&-'&2#.'-'&?,('&2%&01,(,.')+&'&/%(6%%8 !"&);%,%*1-&".)*,1&):'&%5;,%5'*3&#'&,(F15'*3&#'&(L*,'#*3&#'&?(,5("3&*.*&#(&'5&/+F1*3&'1F%*&2%8&)%56%*&3
!" & 0%7(,%*(-( & ".')*,( & /%(6%8

=
9,.@(-(&,(!"*,1;+,%%

I5&',+*'*&!"&;'?%"%-(&*,(#1*(&',?15("*(-(&-.?%#(&#',(&;-(0('F+&;("*,1&!"6(-(?(,('&2%&'05%*(,('&
;,%"#%;%1-1%&,(!"*,1;+,%%8&C(2%&(-(&)%"?1,(&',&;1*('&#.")*%*1%&.&0./'0+&'&,(/("%,%%&-'&/%'6'&*(,()*,+3&
*.*12%&):'&,%0%#'*&1"&',?15("*3&#',(&!"&';',("6+&;',(&7.',*(&;1*(,"%#8&K:'&'7%,5'*A&BC'#+&".%&'5&5'%&
*,+%*&;(&;+54"*3&0(&#(&"1&"(&'5%"*%5&0(&'#(-(&/%(6%&*,(#1*(D&o';*1-&#+&"1&"(&'5%"*%5&0./(0(2*(&#+&"1&
'5&5'%&*,+%*&2%&0(#%&%0(('&,(!"*,1;+,%%&()*(&.&)%5;-+&7'"*(F%(&)'1&.&%;.*(F+&-%;)%*+&0(&71"0'5("*8&
9("*,1&#(&)+&)17(,%5&'#153&0%"&#'1F'&1".,&7';*(&;,(*%")(&#+&-(:'5&7%&)+/4,2%*&!"&'-*(&/%(6%3&0'#+&"1&
;+)*,+5&"%#%&.&'5%"*%,(&0(&'#()*(&'#6%1"%&?,(2%*(&'-(&".')*,(D&H15&;1*(5&)+&)*'@%-%5&.&-(?+*1,+&!"*,(&
#'1F+&2%&(7(#*3&!"*,(&7';*(-(3&)("*%5("*(-(&2%&/.,@(-(&".')*,(&0%"&*,(#1*&2%&)17(,%"6(-(&0%"&;,(F("*3&#4"0&
"1 & 2*%5& #( & '5& 7+;*1%*3 &#1?(*'*&)'1 &/.,@%* & !"&'-*+&/%'6+D & H(&!"/+6+*1,+ &;1*(5& *,'?(3&0'#+&"1 & "(&
'5%"*%5&0(&(-(3&#'&)+&!"6(-(?(5&#+&)17(,%"6(-(3&)*',('&".')*,+&7%F%#+&)'1&5.,'-+&0(&'F%&)1"*&1,5+,%-(&
'#(-(%&/%(6%D&C'8&I#(')*+&0.#*,%"+&',&0(/("%&#-',+&2%&.,%#(&5%"*(&#1?(*+*.',(&.&/'&'##(;*'3&0'#+&"(:
'5&;1*('&'5%"*%&#4*(&#(/'&0%"&/%(6%-(&*,(#1*(8E
!"&';',("6+&',?15("*1-&()*(&;1*(,"%#3&0',&!"&,('-%*'*(&:&7.',*(&)-'@3&;("*,1&#+&"1&)(&#1".)#&*'%"(-(&
0%/%"(U'%&!"*4%&)+&"(&-+51,%5&')1;,'&5(5.,%(%&".')*,(&'#*1'-(8&94"+&-'&0./(0%,('&(L%)*("6(%&".')*,(&
0%"&'-*(&*%5;1,%3&)+&/(0(5&#4*&0(&@%"(&5(5.,+5&7';*(-(3&%0(%-(&2%&/.,@(-(&".')*,(3&#$%',&!"&/%'6'&
;,(F("*+8&H+1*4"0&!"&*,(#1*1-&".)*,13&!"#(,#4"0&)+&"(&'5%"*%5&0(&'"%%&#.;%-+,%(%&#.")*'*+5&#+&"1&5'%&
2*%5&#(:'5&7+#1*3&#(&%0(%&'5&'/1*3&#(&)("*%5("*(&'5&!"#(,#'*8&c+)',&1"(-(&7';*(3&!"*,(F+,%5&1"(-(&
!5;,(=1,+,%&#'&;,%"&#('6+3&"(&'5%"*%5&1"(-(&/.,@(&)'1&%0(%8&C',&'*4*M&H.")*'*+5&#+&"1&)1"*(5&!"&)*',(&
)+ & ,(!"/%(5 & !"*,1 & *.*1- & '"%% & 01-#% & '% & #.;%-+,%(%8 &I5+"1"*(-( & '1 & 0%);+,1*3 & "1 & "(:'1 & ,+5') & 0(#4*&
#,45;(%(&0%"&7';*(-(&2%&(/("%5("*(-(&!",(?%)*,'*(&5'%&;1*(,"%#&!"&7%%"6'&".')*,+8&I#15&"1&5'%&'/(5&
0(#4*&1"&,(F15'*&'-&'"%-.,&*,(#16%8&C',&"1&"(&'5%"*%5&"%#%&7';*(-(3&/.,@(-(&2%&%0(%-(&".')*,(&0%"&'"1-&
*,(#1*8&I2&!"0,+F"%&)+&'7%,5&#+&"1&"(&;1*(5&,(7'#(&5("*'-&"%#%&)("*%5("*(-(&2%&7';*(-(&;(*,(#1*(&%(,%3&A&
'-'-*+%(,%8&c.?&;(&#%*%*.,&)+&!"#(,#(&)+:2%&'5%"*(')#+&?4"01,%-(3&/.,@(-(&2%&*.*&#(&'&7+#1*&%(,%3&2%&)(&/'&
#."/%"?(&0(&#(-(&'7%,5'*(&5'%&)1)8&!"&'#()*(&#."0%6%%3&#15&'/(5&;,(*("6%'&)+&"(&'5%"*%5&'#6%1"%-(&
".')*,(3&)*',('&).#%'-+3&)17(,%"6(-(&2%&"(0,(;*+6%-(&!"01,'*(&)'1&;,.01)(&!"&'-*(&/%(6%D
IF%&2*%5&)+&#%*%53&)+&!"/+6+5&0%"*,:.&#',*(3&0',&.',(&5'%&2*%5&".%&#15&'5&;+2%*&0(&-'&-%*(,+&-'&%
-%*(,+3&#15&'5&!"".0'*&-%*(,(-(Z2%&#1/%"*(-(&#'&)+&(L;,%5+5&.&#1?(*',(D&H.")*'*+5&0.',&#+&1,5+,%5&Q
%0(%-(&(L;,%5'*(&!"*,:.&#',*(3&!"6(-(?(5&()("6'&#1;,%")+&!"&('3&,(F1-*'*&'-&;,%5%-.,&'"%&0(&2#.'-+3&%
C(*'-%%-(&;,%"&#',(&'5&*,(#1*&;("*,1&'&"(&!")12%&#%*%*1-&2%&)#,%)1-&):'1&1%*'*3&'5+"1"*(-(&7';*(-.,&=
".')*,(&0%"&#.;%-+,%(&):'1&2*(,)&0%"&5%"*('&".')*,+8&J(:'1&,+5')&!")+&'"15%*(&#';'#%*+6%3&1"&!"/+6+54"*
?("(,'-3 & ,()*1- & )#171"04"01:)( & !" & !"*1"(,%#8
Q
H4"0&(,'5&5%#%3&"(:'5&@+?'*&0(?(*(-(&!"&';'&7%',*+&2%&"(:'5&.;+,%*8&I"1-3&-1"'3&F%1'3&"1&"%&-(&
5'%&'5%"*%53&0',&'/(5&!"&5(5.,%(&,(F15'*1-3&!"/+6+*1,'A&"1&(&@%"(&)+&@'?%&54"'&!"&';+&7%',*+&#+&*(&
.;+,(2*%&2%&0.',(8&C(&'%#%&()("6'&'#(-(%&-(#6%%A&)+&7%%&;,10("*8
P.'*+&#."01%*'&".')*,+&'#*1'-+3&!"*,('?'&".')*,+&!"6(-(;#%1"(&()*(&)15'&#."#-1F%%-.,3&,(F15'*1-&Q&
!"/+6+5%"*(-.,&0%"&(L%)*("6(-(&".')*,(&*,(#1*(8
H4"0 & (,'5&5%#%3 &0(& 7,%#+ &)'1 & 0(&,12%"(3 &);1"('5&5%"#%1"%8 &C1;+ & 0./(0%,(' & 5%"#%1"%%3& "(&8
,12%"'5&2%&(,'5&;(0(;)%6%&;("*,1&7';*'&".')*,+8&U'%&*4,F%13&#+*,(&5'*1,%*'*(3&'5&1%*'*&'5+"1"*(-(&=
'#()*.,&#'F1,%3&0',&'5&,+5')&#1&!")12%,('&0(&'&);1"(&'0(/+,1-8&I#()*&#','#*(,&);-("0%0&-:'5&0.@4"0%*&f
#'&,(F1-*'*&'-&5'%&51-*.,&?,(2(-%&0%"&#.;%-+,%(3&1,5'*(&0(&;(0(;)(8&I)*7(-&'5&'=1")&-'&)*',('&5.,'-'& b
0(&'&7%&-.%'-%&!"&);1)(-(&".')*,(8&G'&7(-&'5&#,('*&2%&#(-(-'-*(&#'-%*+6%&'-(&".')*,(8&H153&;,%"&#(&?,(1*+6%&/
2%&)17(,%"6(&'5&*,(#1*3&#',(&()*(&;,(61-&-.,&:&"1&5'%&2*%58&H(('&#(&2*%5&(&#+&'/(5&.&#."#(;6%(&0(&=
/%'*+3 & '"15%*( & *("0%"6( & 2% & 7'#1-*+6%8

B&7
Z&H,('*.,1-&-(:'&','"='*&')*7(-&#'3&0%"&*.'*(&!"/+6+5%"*(-(3&.@)(,/'6%%-(&2%&01,(,%-(&".')*,(e&)'&Q
(L*,'?(5&"15'%&()("6'&-.,8&p%(*1-&".)*,1&)%)*(5&#(,(@,'-&"%#%&":',&7%&!"&)*',(&)+&,(6%"+&0%"&#.;%-+,%(&e
;4"+&-'&5.',*('&)'&*.'*(&'5+"1"*(-(&(L%)*("6(%&".')*,(8&a',(&#15&'5&5'%&;1*('&)#,%(&.&)#,%).',(&Ä
0'#+&!"&5.5("*1-&#4"0&"(:'5&';1#'&0(&)#,%)3&',&"+/+-%&!"&5%"*('&".')*,+&*.'*(&7'F(-(&;,%"&#',(&'5
*,(#1*&;("*,1&!"/+6',('&)#,%)1-1%D
C', & *.*12%3& !"*,:1" & #.-6 &'-&)17-(*1-1%&".)*,1 &)( &?+)()# &!")#,%)( &: &%"7%"%*& 0(&5%"1)#1-( & : & *.'*(&
%"7.,5'6%%-(&2%&7';*(-(&/%(6%-.,&*,(#1*(8&C'#+&;,%"*,:1"&5%=-.#&.',(#',(&:&,(?,()%(&$%;".*%#+&:&-(&*,(F%5&
!"&#."2*%%"6'&".')*,+3&*.'*(&(/("%5("*(-(&/%(6%-.,&".')*,(&*,+%*(&;(&;+54"*&)(&/.,&0(,1-'3&')(5("('&
%5'?%"%-.,&1"1%&7%-5&;'".,'5%#3&;4"+&!"&#(-(&5'%&5%#%&0(*'-%%8&T"(.,%&'#()*(&%5'?%"%Z&')#1")(&!"&
;,.71"F%5('&7%%"6(%&".')*,(3&,(/%"&-'&)1;,'7'6+&);."*'"&2%&;,.01#3&;,%"&(L;1"(,('&-.,e&5%,',(&#(-.,&
0%"&=1,1-&".)*,18&C',&'#()*&7(".5("&)(&!"*45;-+&7.',*(&,',&2%&5'%&'-()&-'&#.;%%%&)1@&/4,)*'&0(&2';*(&
'"%8
T"&@%(*&;1%3&'@%'&%(2%*&0%"&?+.'#('&.1-1%3&'-(',?+&%1*(&)+&)(&')#1"0+&-'&';',%6%'&1"(%&;+)+,%&0(&
;,'0+8&C',&0(&1"0(&2*%(&#+&'#('&;')+,(&!-&;.'*(&,+;%&2%&54"#'D&BC%"&%")*%"#*E&:&/.,&,+);1"0(&.'5("%%&
0( & 2*%%"6+3 & #((' & #( & "1 & ()*( & )17%#%("* & ;("*,1 & '& (L;-%#' &1" &7';*8 & J.% & /(0(5& !"& '#(')*+ & '#6%1"( & .&
,('5%"*%,(3&#',(&,(F15+&!"&)%"(&51-*(&5.,6%&)'1&01,(,%&'-(&'#(-1%&;1%3&#'1F'*(&0(&;+)+,%&,+;%*.',(3&%',&
'#15&-'&'5%"*%,('&5.,6%%&)'1&'&01,(,%%&0(&'*4*('&.,%&,(;(*'*+3&;1%1-&0(&?+%"+&71?(&!");+%54"*'*&)+&)(&
')#1"0+8
J1&(L%)*+&7'5%-%(&!"&#',(&#.;%%&#,()#16%&!"&'#(-('2%&#."0%6%%&)+&"1&;,(F%"*(&#'-%*+6%&)17-(*(2*%&2%&
*("0%"6(&0%7(,%*(8&H.")*'*+5&#+&1"1-&0%"&'#(2*%&#.;%%&',(&*'-("*&',*%)*%#3&!"&=.#1,%-(&)'-(&0()("4"0&
0%7(,%*(&7%?1,%3&,(12%*(&;("*,1&/4,)*'&-1%8&I-*1-&;,(F%"*+&0(L*(,%*'*(&0(&'&!"/+6'&1"&5(2*(21?&.',(#',(3&
',(&*("0%"6(&#',(&%"0%#+&!")12%,%& ;("*,1&'&0(/("%&1"&5'"17'#*1,%(,3 &1"&5()(,%'2 &;,%#(;1*& .,%&1"&
7'@,%#'"*&,("15%*8&T"&'-*1-&"(?-%=4"0&2#.'-'3&0(.0'*+&.&;+,+)(2*(&2%&)(&'/4"*+&!"&'7'#(,%3&0(/("%"0&1"&
.5&#1&.&,(;1*'6%(&,+)1"+*.',(&!"&-15('&'7'#(,%-.,8&I-6%&*%"(,%3&#15%"6%3&-%"%2*%6%3&)(&,(*,'?&;("*,1&':2%&
#%*% & #+,6%-(3 & 0(;',*( & 0( & '?%*'6%' & *%"(,%-., & 0( & )('5' & -.,8 & P.'*( & '#()*( & *("0%"6( & "1 & )1"* & !"#-%"+,%&
#';,%#%.')(3&#%&#$(5+,%&%5;(,%.')(&'-(&);%,%*1-1%3&0%"&#'1F'&#1".2*%"6(-.,&;.)(0'*(3&#'&,(F15'*&'-&
.#1;'6%%-.,&0%"&/%(6%-(&;,(#(0("*(8
a,%#(&',&7'#(&;+,%"6%%3&,',3&7.',*(&,',&;.*&!"7,4"?(&'#()*(&;.,"%,%&)17-(*(2*%&'-(&#.;%%-.,&-.,8&9,(F("6'&
'#()*., & #'-%*+6%& !""+)#1*( & ;.'*( & 7% &(L;-%#'*+ &;,%" & 7';*1- &#+ & .51-3 & !"& /%(6%-( & '"*(,%.',(3 &' & 7.)* & 0(&
(L(5;-1&1"&51F%#%'"3&2%&/("%"0&!"&/%'6'&'#*1'-+3&)%5*(&.&!"#-%"',(&);,(&51F%#+8&I)%5%-4"0&/(,*%?%".)&
#1".2*%"6(-(&2%&#1&1"&*'-("*&#(&)(&%5;1"(&'*("6%(%&!"#+&0%"&;,%5%%&'"%&'%&#.;%-+,%(%3&;,.7().,1-&)+1&
#.")*'*+ & . & ';*%*10%"( & #( & 1%5(2*(8 & T" & ')(5("(' & );%,%* & /' & #+1*' & )+ & )( & ,(!"*,1;(F( & !"*,:. & 7'5%-%(&
#1".)#+*.',(&0(&51F%#+3&!"&)*',(&)+:%&.7(,(&1"&#.,;&7%F%#&0(-%#'*3&1"&)%)*(5&"(,/.)&/%@,'"*&-'&1"0(-(&
).".,(8 & !" & '#()* & 5(0%1 & ;,%(-"%#3 & (- & /' & '/(' & .#'F%' & )+:2% & #."*%"1( & )*10%%-( & '"*(,%.',( & 2% & )+:2%&
0()+/4,2(')#+&*'-("*1-&51F%#'-8&S)*(&(/%0("*&#+&'#(-'&#',(&"1&'&5'%&0.@4"0%*&#1".2*%"6(&51F%#'-(&!"&
'-*(&/%(6%3&)'1&#',(&'&')%5%-'*&;,('&;16%"3&/'&7%&?,(.%&-'&!"/+6+*1,+3&'/4"0&"(/.%(&0(&51-*+&/,(5(&;4"+&
/'&'=1"?(&)+&#4"*(&-'&1"&%")*,15("*&2%&;4"+&)+&)(&0()+/4,2(')#+&!"&;,'#*%#'&)'8
K+&"1&;%(,0(5&"%#%.0'*+&0%"&/(0(,(&#+&#(('&#(&!"/+6+5E&!"*,:.&/%'6+&)1"*&#1".2*%"6(&;+)*,'*(&
;("*,1&/(2"%#%(8&H4"0&0%"*,:.&#('*+&0(&#.;%%3&';,.L%5'*%/&0(&'#(('2%&/4,)*+&/(0(5&;(&1"1-&5'%&
!"0,+F"(6&2%&'1*.,%*',3&#.5'"04"0&2%&-1;*4"0&!"&7,1"*('&#(-.,-'-6%3&(/%0("*&!"*,(F+,%5&!"&'#()*&#.;%-&;(&
7.)*1-&5%-%*',&0(&?,'0&)1;(,%.,3&0%"&'-*+&/%'6+8&H4"0&1"1-&0%"*,(&(-(/%%&1"(%&#-')(&()*(&5'%&/.,@+,(63&
6%"4"0&#1/4"*+,%&2#.-',(3&;-(04"0&!"&"15(-(&#.-(?%-.,&)+%3&!"&0%7(,%*(&.#'F%%3&;1*(5&7%&';,.';(&)%?1,%&
#+&'#()*&);%,%*&'&7.)*&!"*,:.&'-*+&/%'6+&1"&.,'*.,3&1"&#."01#+*.,&)'1&1"&.5&;.-%*%#8
H4*(&'#6%1"%&0(:'-(&.51-1%&"1&"(&#$('5+&=10(#'*'&;("*,1&'&'05%*(&'0(/+,1-&,(!"*,1;+,%%&);%,%*1-1%D&
9,%/%6%&5%#16'&#.;%-+3&!"&=.#1,%-(&(%&"(/%"./'*(3&#15&?+*(2*(3&-('?+"+&;+;12'3&#+1*4"0&)+&.&'0.',5+3&
#(,*4"0:.&;("*,1&"(')#1-*',(&(*#8&a'5("%%&0(&2*%%"6+&/.,&F%#(A&BC'3&0()%?1,3&.51-&'/4"0&.&5',(&
;1*(,( & 0( & .@)(,/'6%(3 & #.;%-' & ,(;,.01#( & #((' & #( & ' & /+F1* & -' & 5'5' & (%E8 & SL;-%#'6%' & "1 & ',( & *(5(%3&
0(.',(#(&)(&;1"(&!"*,(@',('A&C(&#(&.',(&"15'%&7(*%6(-(&'1&'#()*&7(-&0(&=.'#+3&"1&2%&@+%(6%%3&#+#%&2%&1"%%&
2%&'-6%%&)1"*&!"&=1,1-&5'5(%&-.,D&I0(/+,'*'&(L;-%#'6%(&()*(&#+&'#(')*+&0,+?+-'2+&#.;%-+&,(;,.01#(&!"&
5%#3&#(('&#(&'&5'%&7+#1*&!"&/%'6'&;,(#(0("*+3&#4"0&(,'&5'5+8
SL%)*+&*%"(,%&#',(&)(&!5@'*+&0(&7,151)(6%-(&"'*1,%%8&T"&,+)+,%*&)'1&';1)&0(&).',(&7'#(&)+&/%@,(F(&
0(&;-+#(,(&7%%"6'&-.,3&7,('5+*1-&7,1"F(-.,&0%"&;+01,(3&)1)1,1-&%F/.',(-.,&0(&51"*(3&51?(*1-&/'-1,%-.,&
5+,%%&!%&;,.%(#*('F+&!"*,:.&-15(&0(&/%)+,%&5'%&51-*&#'&;(&.,%#',(&)(5("&'-&-.,8&I#()*&.5&0()%?1,&'&
7.)*&1"&;.(*&.,%&1"&',*%)*3&!"&/%(6%-(&*,(#1*(3&"'*1,'&)'&'*4*&0(&)(")%@%-+&7.,54"01:)(&;,%"&(L(,#%*',('3&
?1)*',('&2%&';,(#%(,('&7,15.)1-1%8
SL(5;-(&!"&'#()*&)(")&)1"*&#4*&)(&;.'*(&0(&51-*(&2%&/',%'*(3&*.'*(&(L;-%#4"01:)(&-.?%#3&;,%"&
(L%)*("6'&".')*,+&!"&'-*(&/%(6%&;(&;+54"*8&U1-6%&.'5("%&*,(#&"(;+)+*.,%&;(&-4"?+&.&@%)(,%#+3&%',&1"%%&
%"*,+&!"&('&7+,+&)+&)%5*+&#(/'&!"&)17-(*1-&-.,8&9,%"&.@%#(%3&;,%"&#."/("6%."'-%)53&'0.;*+&.&'*%*10%"(&
#1#(,"%#+&-'&')#1-*',('&1"(%&,1?+#%1"%3&0',&"1&/%@,('F+&!"&(%&'@).-1*&"%5%#8&C',&;(&#4"0&?4"01,%-(&
*.,&F@.',+&'%1,('&2%&"1&)1"*&'*("6%&-'&,1?+#%1"(3&'-*1-&()*(&;+*,1")&;4"+&!"&'04"#1-&)17-(*1-1%&0(&
#(,(5."%'&,(-%?%.')+3&).,@%"0&#1/%"*(-(&)-1=%*.,1-1%&'-*',1-1%8&C()%?1,3&'#(')*+&(/-'/%(&"1&;,./%"(&0%"&
#1".2*%"6(-(3&)*',('&).#%'-+&2%&#."#(;6%%-(&'#*1'-(&0(&/%'6+3&#%&()*(&,(7-(L1-&1"1%&)("*%5("*&!5;+,*+2%*&
=Å6,:.&'-*+&/%'6+3&#4"0&(,'&1"&#,(0%"#%.)&0()+/4,2%*&)'1&1"&;,(.*&#1#(,"%#3&#1*,(51,'*&0(&#,(0%"6+&!"&
1
%/%"%*'*(8
H(!"*,14',(' U_U
>%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&C,%7'&#',*(
U__
H.;%-1-&'&/("%*&!"&'#(')*+&7'5%-%(&;("*,1&#+&',(&-(?+*1,%&#1&('3&0%"&'-*(&,(!"*,1;+,%3&',(&'"15%*(&
9,%"#%;%1-&,(!"*,1;+,%%&)(&;,(F%"*+&5(,(1&=10(#+6%%&".')*,(3&'2*(;*4"0&F%1'&#4"0&/.5&!"6(-(?(&#+& 0'*.,%%&0(&'#$%*'*8&C',&#1,%.)&:&#.;%%%&)+%&"1&)(&5'%&,%0%#+&-'&!"+-6%5('&?("%1-1%&)+13&;("*,1&#+&(-3&-'&
()*(&1"&;,%"#%;%1&1"%/(,)'-3&#',(&)(&';-%#+&0(&-'&#.,;1,%-(&%"(,*(&;4"+&-'&.53&0(&-'&5%#,.@&;4"+&-' ,4"01:%3&"1&-(:'&;,.#1,'*&0(#4*&1"&#.,;&7%F%#&!"&#',(&'&#.@.,4*&-'&,(!"*,1;',(&1"&);%,%*&.@%2"1%*8&H.;%%%&
#.,;1,%-(&#(,(2*%8 /%" &!" &7'5%-%'& '#()*1%&5',(& .53&#'&1,5',(&' & 1"(% & -(?+*1,% &0%"&'-*( & /%(6%3&;("*,1 &#' &;,%"& -15%"'&
[.%&;,(F("*'&1"&'-*&#'F3&0%"&#(-(&"15(,.')(3&#(&"(&'5%"*()#&0(&;,%"#%;%1-&,(!"*,1;+,%%8 5("*'-1-1%&)+1&2%&;,%"&"'*1,'&)'&0(-%#'*+&)+&;,%5(')#+&.&%")*,1%,(&2%&.&(01#'6%(&0(.)(@%*+8
SL;1% & 1" & '0(/+, & -' & 0.1+ & ;(,).'"( & #',( & '1 & '#(('2% & -15%"+ & %"*(-(#*1'-+ & 2% & '1 & ;,%5%* & '#(('2%& a&#%10+6("%(&0()&!"*4-"%*+&!"&/%'6'&".')*,+3&()*(&2%&'#(('&0(&'&/(0('&.&7(5(%(&#',(&0+&%5;,()%'&0(&
(01#'6%(8&P(&/.,&')#1-*'&!"&'#(-'2%&*%5;&'54"0.1+&2%&/(%&#.")*'*'&#+&1"'&0%"&(-(&'&!"6(-()&2%&'0.;*+& #(/'&@+,@+*()#&!"&('8&9,%"&?4"01,%-(3&#','#*(,1-&2%&#.5;.,*'5("*1-&(%3&;,%"&("(,?%'&2%&!5@,+#+5%"*('&(%&
'0(/+,1-&,();(#*%/3&;(&#4"0&#('-'-*+&"1:<&!"6(-(?(3&)'1&0'#+&'&!"6(-()&"1:<&'0.;*+8&I##(;*',('&0%"& 5')#1-%"+&2%&#$%',&;,%"&?-')1-&#.@.,4*3&-%"%%-(&7(6(%&2%&;,(F("6'&1"(%&1,5(&0(&51)*+6%3&*(&;1"(&;(&
;',*('&1"(%&;(,).'"(&2%&,(71F1-&0%"&;',*('&#(-(%-'-*(&()*(&.&0./'0+&'&,(!"*,1;+,%%8&!"*,:'0(/+,3&;(,).'"'& ?4"01,%&2%&*(&0(*(,5%"+&)+&F%#%A&R'*+&.&7(5(%(:@+,@'*8
0(&'#(('2%&;+,(,(&#1&*%"(&'&5'%&!"*4-"%*&'#()*&'0(/+,3&<:'&#%*%*3&)*10%'*&2%&#1".)#1*&!"*,:.&'-*+&/%'6+3&;(& 9(&0(&'-*+&;',*(&(L%)*+&@+,@'6%&#',(&;,%"&');(#*1-&-.,&7%F%#3&0(-%#'*3&'0()('&#1&51)*'6+&2%&@',@+&
#4"0&#('-'-*+&;(,).'"+&!"*4-"(2*(&;("*,1&;,%5'&.',+&'#(')*+&;,.@-(5+3&"(7%%"0&;,(?+*%*+&*,(@1%(&)+& ,(01)+3&;,%"&?-')1-&-.,&!"'-*3&;,%"&(5.6%."'@%-%*'*('&%.,3&;,%"&;1*(,('&%"*1%*%/+&2%&!"*,('?'&-.,&"'*1,+&
5'%&,(7-(#*(F(&!"&#1,)1-&/%(6%%&'#*1'-(&)'1&/%%*.',(3&;("*,1&'&.&?+)%&=1)*+8 7(5%"%"+3&*(&!"0('5"+&)+&(L#-'5%A&R'*+&1"&@+,@'*&#1&';1#+*1,%&2%&)(")%@%-%*'*(&0(&7(5(%(8
R'*+&!"6(-()1-&0%/(,?("6(-.,&0(&;+,(,%&0%"*,(&.'5("%&')1;,'&1"(%&;,.@-(5(&.',(#',(3&1"1-&'/4"0&.& I#()*&#."*,')*&!"&');(#*1-&7%F%#&2%&!"&5'"%7()*',('&)17-(*1-1%&)(&;.'*(&(L;-%#'&;,%"&,(!"*,1;',(8&
'5%"*%,(&/'?+&0();,(&'0(/+,1-&,();(#*%/3&%',&'-*1-&'@%'&'#15&%'&#."*'#*&#1&(-3&1,54"0&)+&5(0%*(F(&!"& I5& ',+*'*& #+& );%,%*1-&,(/%"(& !"&-15('& *(,()*,+& : & #4"0& 7(5(%(3& #4"0& @+,@'*&:& ;("*,1& ':2%& *(,5%"'&
/%'6'&)'&;,(F("*+8&I)*7(-&)(&(L;-%#+&7';*1-&#+&-'&#%*%,('&1"(%&#+,6%&(F.*(,%#(&1"%%&#'0&;(&?4"01,%&2%&#'1*+& (01#'6%'&);%,%*1'-+8&C1;+&.&)(,%(&0(&/%(6%&;(*,(#1*(&!"&*,1;1,%&5')#1-%"(3&#42*%?4"0&0()*1-(&#1".2*%"6(&
)+&)(&'04"#(')#+&!"&#1".'2*(,('&'#()*(%&;,.71"0(&2*%%"6(3&;(&#4"0&#(%&51-6%&,(71F+&)'1&!%&-')+&,(#(& !"&'#(')*+&7.,5'3&);%,%*1-&)#$%5@+&)(L1-3&!"*,1;4"01:)(&0(&'#(')*+&0'*+&#'&7(5(%(3&;("*,1&'&!"/+6'&
'#()*&0.5("%18&C()%?1,3&'#(2*%'&0%"&1,5+&"1&/.,&5'%&7%&'*4*&0(&"(2*%1*.,%&!"&/%'6'&-.,&/%%*.',( -(#6%%-(&/%(6%%&*(,()*,(&#'&).6%(&2%&5'5+8&H15&!")+&);%,%*1-&'&*,+%*&!"*,:.&-1"?+&)(,%(&0(&7.,5(&5')#1-%"(3&
#'&!"&#('&'#*1'-+8 (-&):'&.@%2"1%*&#1&'"15%*(&?()*1,%3&#1/%"*(&2%&'*%*10%"%&5')#1-%"(8&K#$%5@4"0&)(L1-3&)17-(*1-&%5;,%5+3&
G(?('&,(!"*,1;+,%%&%()(&!"&(/%0("6+&2%&!"&5.5("*1-&#4"0&'"'-%F+5&(/.-16%'&.51-1%&0%"&#.;%-+,%( /,4"0:"(/,4"03&".1-1%&*,1;&#,('*&,(5%"%)#("6(&0%"&7.,5(-(&;,(#(0("*(&0(&@+,@'*3&2%&!"&'#(-'2%&*%5;&
2%&;4"+&-'&@+*,4"(6(8 ,(;,.01#(&#(/'&0%"&;,(7(,%"6(-(3&)("*%5("*(-(&2%&';1#+*1,%-(&)(L1-1%&;,(#(0("*8&I#(-'2%&7(".5("&)(&
!"&?("(,'-3&#.;%-1-&5%#&()*(&(?.%)*Q&/,('&)+&;.)(0(&.,%#(&-1#,13&%&)(e;',(&#+&).,'&)'1&7,'*(-(&)+1&'1& ;(*,(#(&#4"0&)(&*,(#(&0(&-'&7.,5'&7(5%"%"+&-'&#('&5')#1-%"+8&R'*+&'0(/+,1-&'#()*(%&("%?5(3&51-*+&
-1#,1,%&5'%&7,15.')(&2%&-(&-(';+0+&;(&'-(&)'-(3&#(,4"01:-(&;(&'-(&-.,8&!"&'#(')*+&(;.#+&'&(L%)*("6(%& /,(5(&"(#1".)#1*&)'1&7'-)&(L;-%#'*8
)'-(3&#.;%-1-&,(;,.01#(&%5'?%"('&.51-1%&;,%5%*%/3&'&)*+,%%&)'-(&;(&#4"0&:&#1&51-*(&'-*(&/%(6%&!"&1,5+&:& !"&(L%)*("6'&)'&*(,()*,+3&.51-&)(&5'"%7()*+&'0()('&!"&'2'&7(-&!"#4*&;1"(&!"&(/%0("6+&,(/("%,('&)'&-'&
(,'&1"&)+-@'*%#&0(&;,%"&=1"?-(-(&;+54"*1-1%8&9()*(&#46%/'&'"%&'&5'%&#,()#1*3&2%&'#15&)(&=.'#+&0(:'& /%'6'&7%F%#+8&T"&')*7(-&0(&7(".5("&:&)1@%(#*&0(&#(,#(*',(&2%&0%)#16%(&!"&-15('&#(-.,&#',(&)(&.#1;+&#1&
).-0'6%%&:&=.#1,%&)74,2%*(&'0()(.,%&#1&5%#%&'##%0("*(3&F?4,%(*1,%3&#1#1%(&(*#8&C(&#(-(&5'%&51-*(&.,%& ;,.@-(5( & ;)%$%#( & : & ()*( & 2% & '#(-' & '- & 7,%#%% & B"(=1)*%7%#'*(E3 & 5'"%7()*'*+ & 0( & 1"(-( & ;(,).'"( & 7'6+ & 0(&
@+%(6(-1- & #+-+,(2*( & 1" & @+63 & !"#$%;1%"01:< & 1" & #'- & "+,+/'23 & ?,(1 & 0( & )*+;4"%*8 &I#15 & %1@(2*( & 1" & '-*& '"15%*(&#."=1"#*1,%&)'1&(-(5("*(&'-(&"'*1,%%8
@+%(6(-3&'#15&!-&?."(2*(&)'1&!-&-./(2*(8=K(&)1;+,+&,(;(0(&2%&7+,+&/,(1"&5.*%/&)(,%.)&2%&#1,4"03&;,%"*,:.& T"(-(&;(,).'"(&'1&.&7,%#+&"()*+;4"%*+&0(&'&;-(#'&#1&.&-1"*,(&;(&1"&-'#&)'1&#1&/';.,1-&;(&5',(3&
5%"#%1"+&.,%&7+?+01%'-+3&)(&!5;'#+8&!"&'#(')*+&;(,%.'0+&'&/%(6%%&)'-(3&#.;%-1-&,(;,.01#(&(;.#'&0(& '-*(-(&'1&.&7,%#+&?,.'F"%#+&0(&7.#3&0(&*1"(*(&2%&71-?(,(3&0(&51-6%5(3&0(&!"+-6%5(3&0(&!"#+;(,%&!"#$%)(&
@',@',%(&'&.5("%,%%3&#4"0&.51-&%1@('3&#,(2*('&#'-1-&2%&!-&#+-+,('3&#4"0&(,'&54"0,13&,+F@.%"%#&2%&!"& )'1&;("*,1&"%5%#&!"&-15(&"1&',&,+54"(&)%"?1,(&!"*,:.&;%/"%6+&)'1&"1&',&%(2%&".';*('&)%"?1,(&;,%"&
/(2"%#+&;.,"%,(&-'&'*'#&2%&#1#(,%,(3&,+F@1"+*.,3&%1*(&-'&54"%(3&2%&1"(.,%&%(,*+*.,8 !"*1"(,%#&(*#8
U'%&*4,F%13&*4"+,1-&()*(&)*+;4"%*&0(&#(,#(*',('&-1#,1,%-.,3&2%&*.*12%&()*(&!"#+&"()*'@%-3&"(7%L'*&!"& 9)%$.-.?%%&(L;-%#+&'#(')*+&7,%#+&'&.51-1%&;,%"&7';*1-&#+&!"&;,%5%%&'"%&'%&(L%)*("6(%&)'-(3&#.;%-&
;+,(,%-(&)'-(8&G'&'#(')*+&/,(5(&#."*,'#*('F+&;,%(*("%%&#(&/.,&01,'&;4"+&-'&5.',*(Q&'#15&%1@(2*(&.&7'*+& 7%%"03&'&7.)*&%5;,()%."'*&;1*(,"%#&0(&'#()*(&7(".5("(&)'1&)%*1'6%%3&2%&#'&1"&,(7-(L&!"0(;+,*'*3&0',&
#1& *.'*+&',0.',('& *%"(,(6%%& )'-(Q& '#15& ()*(& ?("(,.) &2%& )( &',1"#+&.,@(2*(&!"&/4,*(=1-&;')%1"%-.,3 &'& ;1*(,"%#3&()*(&)*+;4"%*&2%&-'&5'*1,%*'*(&0(&'#(')*+&*('5+8
!"7+;*1%,%-.,&".@%-(3&;'*,%.*%#(&)'1&15'"%*',(8&S-&,(;,.01#(&-'&'#(')*+&/4,)*+&%5'?%"('&,(01)+&'&(/1-1%& I-6%%3&*.*&5'*(,%'-%2*%3&'*,%@1%(&7,%#'&)("F'6%%-.,&,()%56%*(&0(&5'5+&;(&#4"0&;1,*'&!"&)4"1-&(%&'#()*&
#.;%-3&2%&0(#%&#+&(-&',&7%&;,%5%*&#.5.6%'&5'5(%3&#',(&'#15&-'&5'*1,%*'*(&):',&,(7-(#*'&!"&)17-(*1-&)+18
5(0%13&'&/,(51,%-.,&#'/'-(,(2*%8 J%#% & 1"' & 0%" & '#()*( & (L;-%#'6%% & "1 & ;.'*( & )*' & !" & ;%#%.',(8 &I0(/+,1- & ()*( & #+ & 7%(#',( & 0%" & '#()*(&
T"%%&.'5("%&','*+&.&=10(#'*+&;,.71"0+3&#(&#15;+"(2*(&=1)*&7';*(-(&2%&-15('3&7%%"0&0(;-%"&)*+;4"%& ;(,).'"(&'1&)("*%5("*1-&0(&7,%#+&;("*,1&#+3&!"*,:.&'-*+&/%'6+3&'1&*,(#1*&;,%"*,:1"1-&0%"&'#()*(&(/("%5("*(&
;( & @1#1,%% & 2%& '5+,+#%1"%8 &S)*(& *%;1- &)'1 & %#.'"' &.51-1%& (/.-1'*8 & T"(.,%3 & '#()* &)*'0%1 &()*( & 7.',*(& *,'?%#(3&'1&;%(,%*&!"*,:1"&"'17,'?%13&!"*,:1"&%"#("0%13&'1&7.)*&.5.,4*(&#1&;%(*,(&0(&51-6%5(&)'1&1#%)(&
#."#("*,'*3&',+*4"01:)(&#$%',&0(&*%5;1,%18&SL%)*+&@+%(6%&;,('&5'*1,%&5("*'-3&;("*,1&/4,)*'&-.,3&%',&1"%%& !"&@(F"'&".;6%%8&c'6%1"('&)(&'-+*1,+&-'&'#(')*+&(L;-%#'6%(&2%&-();%"?(&;(&#(-(&0(&5'%&)1)3&0'#+&'7-+&#+&
*%"(,%&!"&-1'*(&'#*(-(&2%&,(7-(#6%%-(&-.,3&)(&','*+&*.*&'*4*8&0(&5'*1,%&!"&=10(#'*+&#'&2%&1"&.5&!"&/4,)*+8 "%#%&#.;%-1-&2%&"%#%&5'5'&":'1&*,(#1*&;,%"*,:.&')(5("('&)%*1'6%(&)'1&7(".5("(3&!"&'#*1'-'&-.,&/%'6+&
>*%%"6'&(L;-%#+&'#()*(&)#$%5@+,%&#'&7%%"0&1,5',('&0(F/.-*+,%%&7%F%#1-1%3&#',(&#,(2*(&2%&)(&.,?'"%F('F+& *(,()*,+8
5'%&,(;(0(&2%&5'%&@%"(&-'&1"%%&0(#4*&-'&'-6%%8&K;%,%*1'-%2*%%&!")+&/+0&!"&'#()*(&(*';(&'-(&0(F/.-*+,%%& 9,%"*,(&"15(,.')(-(&#'F1,%&0(&'5%"*%,%&!"0(;+,*'*(3&0(&;,%"&'-*(&/%(6%3&()*(&2%&1,5+*.,1-8&!"*,:.&
5("*'-%*+6%%&2%&)("*%5("*1-1%&.5("()#&.&;,.@+&'&,(/("%,%%&".')*,(&;(&;+54"*3&0./'0'&#+&.51-&!2%& /%F%*+3&#+-+*.,%(&)'1&-'&1"&);(#*'#.-3&)(&!"*4-"()#&;("*,1&;,%5'&0'*+&!"&/%'6'&-.,&0.1+&;(,).'"(8&C(&
,(*,+%(2*(&)15',3&0(&-'&"'2*(,(&;4"+&-'&@+*,4"(6(3&*.'*(&(*';(-(&(/.-16%(%&);%,%*1'-(3&0(:'&-1"?1-&'&5%%& !"0'*+&#(&!2%&!"#,1#%2('F+&;,%/%,%-(3&)'1&0(&#15&!2%&0'1&54"'&2%&)#$%5@+&0.1+:*,(%&#1/%"*(3&)(&"'2*(&
0(&,(!"*,1;+,%8&9,%"&1,5',(3&'/(5&0(:'&7'#(&#1&)*+,%&0(&#."2*%%"6+&'-(&);%,%*1-1%3&2%&"1&#1&#,(2*(,('&
#.,;1-1%&)+1&7%F%#3&#1&!"51-6%,('&2%&;,(7'#(,('&#(-1-(-.,&#(&'-#+*1%()#&#.,;1-&;+54"*()#8 0(.0'*+&.&%1@%,(3&.&'5%#%6%(&!"*,(&(-(3&;(&#',(&"1&.&5'%&2*(,?(&"%#%&/,(5('3&"%#%&!5;,(=1,+,%-(8
C%"*,(&',?15("*(-(&2%&(L(5;-(-(&("15(,'*(3&"%#%&1"1-&"1&()*(&'*4*&0(&#-',&2%&0(&#."/%"?+*.,&#'&2%& a'5("%%&0(&2*%%"6+&'1&#+1*'*&)+&0('&.&(L;-%#'6%(&2%&'#()*1%&7';*3&@%"(&#.")*'*'*&!"&-15('&".')*,+&
#(-&'-&#.;%%-.,&;,(#.#(8&!"*,:'0(/+,3&!"&5%=-.#1-&1"(%&7'5%-%%&5.0()*(&:&'*4*&;,%"&%"*(-%?("6+3&#4*&;,%"& 7%F%#+3&;,%"&)1;.F%6%'&#+&'#()*(&0.1+&;(,).'"(&',&'/('&'#(-('2%&)%56+5%"*(3&'#(-('2%&%0(%3&#+&;)%$%#1-&
)%*1'6%'& (%& 5'*(,%'-+& : & )(&"'2*(&1" &#.;%-3&#',(& 0%"&7,'?(0+& #.;%-+,%(&%"0%#+& .&5',(&%"*(-%?("6+3&.& -.,&',&/%@,'&01;+&'#(-'2%&0%';'F."8&C',3&-1#,1&#%10'*A&#(-(&0.1+&;(,).'"(&,()%5*&'#(')*+&)%5;'*%(&
1%5%*.',(&'*,'#6%(e&2%&;,%#(;(,(&);,(&1"&'"15%*&#45;&0(&'#*%/%*'*(&:&5'*(5'*%#'3&;%#*1,'3&51F%#'3& ;1*(,"%#+&#$%',&0'#+&":'1&)#$%5@'*&"%#%&.&%0((&!"*,(&(-(8&K(&/+0&;("*,1&;,%5'&.',+&2%&0(&-'&;,%5'&
-%5@%-(&)*,+%"(&(*#8&!"&#1,4"0&'#(2*%&#.;%%&'*,'?&'*("6%'&')1;,'&-.,&2%&5'%&*4,F%1&)(&,(/(-('F+&#'&5',% ;,%/%,(&)(&;-'#3&)(&)%5*&'*,')(&0(&.&7.,6+&5%)*(,%.')+8&J1&()*(&/.,@'&"%#%&0(&.5.?("%*'*('&0(&%0(%3&"%#%&
?("%%&'-(&.5("%,%%8 0(&#."#.,0'"6'&0(&)("*%5("*(3&;("*,1&#+&'1&7.)*&#'F1,%&#4"0&#(-(&0.1+&;(,).'"(&(,'1&0(&/4,)*(&>%&
#."0%6%%&).#%'-(&0%7(,%*(3&#1&)("*%5("*(&2%&/(0(,%&0(.)(@%*(3&2%&#1&*.'*(&'#()*('&):'1&)%56%*&'*,')(&1"'&
H(,#(*4"0&')#("0("6'&'#()*(%&7'5%-%%&)(&#.")*'*+&#+&"%#%&1"1-&0%"&5(5@,%%&(%&"1&'&0'*&0./'0+&0(& #+*,(&#('-'-*+8
.&')(5("('&?("%'-%*'*(Q&0',&#(('&#(&()*(&5'%&1%5%*.,&(&#+&0()#("0("6'&'#()*1%&?("%1&()*(&0(&.&/'-.',(& I#(')*+&'*,'#6%(&)(&(L;-%#+&12.,3&;,%"&'0.;*',('&;,%"#%;%1-1%&,(!"*,1;+,%-.,&51-*%;-(8&!"&'-*(&/%(6%3&
5("*'-+&2%&5.,'-+&%"7(,%.',+3&1"(.,%&)1@5(0%.#,+8&I*1"#%&)(&;1"(&!"*,(@',('A&C(&1"0(&'#(')*+&5',(& #(-(&0.1+&;(,).'"(&'1&'/1*&-(?+*1,%&!"*,(&(-(3&)1@&.&7.,5+&.',(#',(&:&*,1;(')#+&)'1&)17-(*(')#+8&!"&
%"*(-%?("6+3 & 0( & 1"0( & '#()* & 5',( & *'-("*D & H4"0 & 2% & 1"0( & ' & ;1*1* & )+ & !"/(6( & '*4* & 0( & ;,.71"0 & 1"(-(& '#()*(&(L%)*("6(&*,(#1*(&):'1&-(?'*&;1*(,"%#&;,%"&%1@%,(3&0(/.*'5("*3&,();(#*&2%&)'#,%7%#%18&H4"0&!"&'-*+&
0%)#%;-%"(3&-%5@%&)'1&2*%%"6(D /%'6+&0()*%"1-&!%&;1"(&7'6+&!"&7'6+&;(&7.2*%%&%1@%6%3&;,%(*("%&)'1&;(&7.)*1-&#.;%-&2%&;+,%"*(&(*#3&%1@%,('&#(&
a'5("%%&);'6%'-%3&("*%*+6%-(&);%,%*1'-(&"(&);1"3&;,%"&#.51"%#+,%-(&-.,3&#+&'#()*(&?("%%&'1&0.@4"0%*3& %:' & -(?'* & '-*+0'*+ & ' & %F@1#"%* & 0%" & 7%%"6' & -., & !" & '7',+39 &#' & . & ,'F+ & 0( & -15%"+8 & !5(0%'* & )( & ;-'#3 & )(&
!"&"("15+,'*(-(&-.,&/%(6%&*,1;(2*%3&(L;(,%("6(&"15(,.')(&!"&0.5("%1-&?("%'-%*+6%%&-.,3&.&;,.71"0+& )%5;'*%F('F+3&.&;1*(,(&5%)*(,%.')+&!5;%"?4"01:%&)+&)(&#1".')#+3&!5;,%(*("(')#+3&)+&)(&%1@(')#+8
!"6(-(?(,(&2%&!"'-*(&7'#1-*+6%8&I#153&,(/("%"0&-'&/%'6'&7%F%#+3&-(&;1"&!"&(/%0("6+&0(&*%5;1,%13&0%"&
7,'?(0+&#.;%-+,%(&2%&-'&1"&"%/(-&;("*,1&#',(&'-6%&.'5("%&*,(@1%(&)+&)'#,%7%#(&'"%&0(&51"#+&!"#.,0'*+8
U_V >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&:&C,%7'&#',*( H(!"*,14',(' U_W

C(&')(5("('&(L%)*+&#'F1,%&#4"03&'7-4"01:"(&!"*,:1"&/.%'=&;,%"*,:.&6',+&)*,+%"+3&2%&*,(#4"0&;,%"*,:1"& * ) +
.,'2&)*,+%"3&"%&)(&;',(&#+:<&#1".'2*(53&#'&-:'5&5'%&/+F1*&#4"0/'3&0(2%&;("*,1&;,%5'&.',+&*,(#(5&;,%"&
'#()*&.,'28&K1"*&1"%%&#',(&,(#1".)#&;(,7(#*&1"(-(&)*,+F%3&@'&#$%',&1"(-(&#')(3&2%&5(,?&;4"+&'#.-.&#+& H.")*'*+5&#+&5'=.,%*'*('&.'5("%-.,&"1:2%&'5%"*()#&/%(6%-(&;,(#(0("*(8&c(F1-*+&#+&'#(')*+&"(2*%%"6+&
;.*&);1"(&#(&1,5('F+&01;+&.&#.*%*1,+&0(&)*,'0+8&I#(')*+&*,(F%,(&!"&#."2*%%"6'&".')*,+&'&1".,&'5%"*%,%3& ()*(&1,5',('&1"(%&-(?%&;(&#',(&C%/%"%*'*('&'&)+0%*:.&!"&/%'6'&.51-1%8&C()%?1,3&5.*%/(&;1*(,"%#(&'1&
'&,(#1".'2*(,%%&1".,&,(?%1"%&)'1&.,'2(&;(&#',(&"1&-(:'5&5'%&/+F1*3&"1&)(&;.*&(L;-%#'&!"&"%#%&1"&'-*& 0(*(,5%"'*&'#(')*+&1%*',(3&5.*%/(&;(&#',(&5%"*('&".')*,+&,(01)+&"1&()*(&!"&)*',(&)+&-(&!"*,(/'0+8
#$%;&0(#4*&'05%64"0&#+&'5&5'%&*,+%*&!"*,:.&'-*+&/%'6+&!"&'#()*(&,(?%1"%&)'1&.,'2(8 C%"*,(&"15(,.')(-(&5.*%/(3&1"1-&',&7%&1,5+*.,1-A&,('5%"*%,('&/%(6%-.,&*,(#1*(3&#1".'2*(,('&7';*(-.,&
C./'0'&#('&5'%& %F@%*.',(3&#('&5'%&1%5%*.',(& '&,(/("%,%-.,&".')*,(&-'&2#.'-'& ;+54"*1-1%3& )(& ".')*,(&0%"&*,(#1*&',&#.")*%*1%&.&;%(0%#+&!"&!"'%"*',('&".')*,+&);%,%*1'-+3&.&'0(/+,'*+&"(".,.#%,(8
.@6%"(&'*1"#%&#4"0&1"%%&.'5("%&!2%&,('5%"*()#&;(,7(#*&7';*(3&!5;,(=1,+,%3&-.#'-%*+6%&2%&;(,).'"(&0%"& H,('*.,1-&*1*1,.,&7%%"6(-.,3&#.,;1,%-.,&#(,(2*%&2%&'-&1"%/(,)1,%-.,3&'&/,1*&#'&".%3&-'&7%(#',(&#.@.,4,(&
'-*+&/%'6+8&I#(')*+&,('5%"*%,(&;.'*(&7%&;,./.#'*+&)'1&"'*1,'-+8 ;(&;+54"*3&)+&!")#,%(5&;(&.&;'?%"+&'-@+3&.&".1+&/%'6+3&'/4"0&%5;,()%'&#+&'#15&"(:'5&"+)#1*&;("*,1&
9',';)%$.-.?%%&'1&'=1")&#1&)*10%%-(&2%&#(,#(*+,%-(&-.,&;4"+&'#.-.&)+&;1"+&!"&)*',(&0(&).5"3&;,%"& ;,%5'&.',+8&C%"&#.;%-+,%(&;4"+&-'&5.',*(3&!"&5.0&%"#."2*%("*3&/(0(53&'1F%53&'01"+5&.@)(,/'6%%&2%&
7-1%0&5'?"(*%#3&.&;(,).'"+&)(")%@%-+8&C%"&#'1F'&'#()*1%&/'-&0(&5'*(,%(&5'?"(*%#+&:&,(/+,)'*+&0(& #1".2*%"6(3&'"'-%F+5&0%7(,%*(-(&0%,(#*%/(&5.,'-(3&"(&#.5;.,*+5&5'%&@%"(&)'1&5'%&,+13&5'%&5.,'-Z&)'1&
5'?"(*%F'*.,&')1;,'&1"(%&;(,).'"(&)(")%@%-(3& #',(&)(&;1"(&#1& 0(/.*'5("*&!"& )-1=@' & 2*%%"6(%& : & )(& 5'%&2#$%.;+*4"03&5'%&%"*(-(#*1'-&)'1&5'%&#,(0%"#%.)3&01;+&#';%*'-1-&);%,%*1'-&'01"'*&!"&/%(6%-(&*,(#1*(8&
;,.01#(&.&0()#+*12',(&'&);%,%*1-1%&0(&*,1;1-&)+18&H15&);%,%*1-&',(&*("0%"6'&0(&'&)(&0(;+,*'&0(&;+54"*3& J1&(&@%"(&)+&"(&#1".'2*(5&/%(6%-(&;,(#(0("*(8&C'#+&!"&/%'6'&*,(#1*+&:&0(2%&#1&1"&"%/(-Z%"*(-(#*1'-&
(-&)(&0();,%"0(&0(&*,1;8 ,%0%#'*3 & 0(2% & #1 & . & )%*1'6%( & ).#%'-+ & 5'% & 0( & )('5+ & : & !"*,:1" & 5.5("* & 0( & 5',( & %,%*',(3 & "(:'5 & 1#%)&
!"&'#(')*+&)*',(&0(&-%@(,*'*(3&);%,%*1-&!2%&,(0.@4"0(2*(&7'#1-*+6%-(&);%,%*1'-(&;(&#',(&-(&',(3&#4"0& ;,%(*("1-&.,%&).6%'3&!"&/%'6'&1,5+*.',(3&#1".)#4"0&'#(')*+&7';*+3&'5&7%&#$%"1%6%&0(&?4"01-&#,%5(%8&
*,(#(&0(&@',%(,'&5.,6%%8&o%%"0&%"*(,.?'*3&);%,%*1-&;.'*(&);1"(&'5+"1"*(&0%"&/%'6'&)'&'#*1'-+3&0',&0'#+& o';*'&,('&/'&,(/("%&5(,(1&!"&#."2*%%"6+&2%&/.5&7%&"(-%"%2*%6%&!"&(L%)*("6'&'#*1'-+3&')*7(-&#+&;,.?,()1-&
!-&/.5&!"*,(@'&01;+&0(2*(;*',(3&(-&"1:2%&'5%"*(2*(&(;%).'0(-(&0()#,%)(&!"&)*',(&0(&).5"&5'?"(*%#8& );%,%*1'-&',&7%&F+0+,"%#%*3&)'1&#(-&;16%"&,(01)8
H(('&#(&1%5(2*(&()*(&7';*1-&#+&'#(')*+&;(,).'"+&"(&;./()*(2*(&/%'6'&)'&'"*(,%.',+3&-.#1-&1"0(&'&*,+%*3& J1&(&@%"(&)+&"(&#1".'2*(5&/%(6%-(&;,(#(0("*(3&;("*,1&#+&)(&;.'*(&#'&%1@%*1-&".)*,1&#.;%-'2&)+&7%(&
'&51,%*3&#1&#%"(&'&7.)*&#+)+*.,%*+3&#46%&#.;%%&'&'/1*3&#15&%:'&#$(5'*&2%&1"0(&)1"*3&0'#+&5'%&*,+%()#8& 1"1-&0%"&#(%&#',(&!"&'-*+&/%'6+3&7%%"0&*1*.,(-(&".)*,13&"(:'&*.,*1,'*3&"(:'&54"#'*&'/(,('3&-+)'*+&0(&
C'#+&)(&#(,#(*('F+&0'*(-(&.@6%"1*(3&)(&#.")*'*+&(L'#*%*'*('&'@).-1*+&'&#(-.,&0(#-','*(8 ;+,%"6%3&2%&"(:'&-+)'*&;(&0,151,%8&H1&#(&0,'?.)*(&'5&5'%&;,%/%&'#()*&#.;%-3&#(&%1@%,(&'5&5'%&'/('&7'6+&
I#(')*+&(L;(,%("6+3&#'&2%&51-*(&'-*(-(&0(&'#()*&?("3&0./(0(2*(&!"B5.0&#-',3&7+,+&;.)%@%-%*'*(&0(&'& 0(&#(-&#(&"(:'&"(".,.#%*&2%&@,1*'-%F'*&'-*+0'*+D&I2'&"(2*%%"03&"(&#.")%0(,+5&#.;%-1-&#'&7%%"0&#',"(&0%"&
5'%&#.5("*'3&#+&7%(#',(&0%"&".%&'/(5&!")#,%)&!"&',$%/'&/%(6%%&".')*,(3&!"&#.,;1-&".)*,1&);%,%*1'-3&*.'*(& #',"(' & ".')*,+ & 2% & !" & /%,*1*(' & -(?%% & 0%/%"(3 & ' & %1@%,%%3 & !- & '0.,+5 & #1 & 7,("(F%(3 & 0.,%"01:% & 7(,%#%,('&
'5%"*%,%-(&'-*.,&/%(6%3&;(&#',(&"1&-(&5'%&;1*(5&2*%&'#153&#4"0&)1"*(5&!"#$%2%&!"&*,1;8&I#()*&'0(/+,&)*+& 0()+/4,2%*+&!"&/%'6'&)'&*(,()*,+8
-'&@'F'&-(?%-.,&/%(6%%3&#$%',&0'#+&1"%%&"1&/.,&)+&'05%*+&(L%)*("6'&2%&"(51,%,('&);%,%*1-1%&)'1&'-6%%&#',(&.& C(&#(&)+&7%5&)*+;4"%6%&0(&?,(2(-%-(&".')*,(&0%"&*,(#1*D&C(&#(&)+&"(&*.,*1,(F(&,(512#+,%-(&1".,&
'05%*3 & "1 & /., & !" & ,1;*1- & #';1-1% & )+ & #,('0+ & #+ & ,(/("%5 & ;( & ;+54"* & : & !5@,+#4"0 & 2% & 0(F@,+#4"0& 7';*(&*%#+-.')(&0%"&'-*(&/,(51,%D&C(&#(&)+&7%5&54"'6%&2%&5'%&0(;',*(&0(&'#(-('2%&%0(%3&;,(=10(#+6%&0(&
"15(,.')(&*,1;1,%8&S%&)1)6%"&#+&0'#+&'5&5'%&*,+%*3&',&*,(@1%&)+&"(&'5%"*%58&J1&"(&'5%"*%53&;("*,1&#+& ,')+&.,%&,(-%?%(D
/($%#.-1-&7%F%#&'#*1'-3&)%)*(51-&#(,(@,'-&'#*1'-3&"1&'&-1'*&;',*(&-'&'#('&/%'6+3&"1&'&!",(?%)*,'*&"%5%#& C1;+&#15&"1&(&@%"(&)+&"(&#1".'2*(5&*,(#1*1-3&*.*&'2'&"1&(&@%"(&)+&2*%5&"%#%&/%%*.,1-&".)*,18&H%"(&
0%"&'#(-(&*%5;1,%3&;("*,1&#+&"1&(L%)*'&;(&'*1"#%8 2*%(&;,%"&#(&#.*%*1,%&'-(&0()*%"1-1%&)1"*(5&)%-%6%&)+&*,(#(53&)+&"(&7'#(5&(01#'6%'&'5',"%#+3&;("*,1&'&
P,1;1-&'#*1'-3&)%)*(51-&#(,(@,'-&;1"(&')*7(-&.&@',%(,+&!"*,(&*,(#1*&2%&;,(F("*3&!5;%(0%#4"0&'5%"*%,%-(& 1,#' & ;( & )#',' & (/.-16%(%M & H%"( & 2*%( & ;,%" & #( & "(".,.#%,% & *,(@1%( & )+ & 5'% & *,(#(53& ;("*,1 & 0(F/.-*',('&
!")#,%)(&!"&#.,;1-&".)*,1&);%,%*1'-&)+&,(/%"+&-'&)1;,'7'6+&2%&)+&-1+5&#1".2*%"6+&0(&(-(8&J15'%&#4"0& );%,%*1'-%*+6%%&".')*,(3&2%&'*1"#%3&#1".)#4"0&0%"'%"*(&*.,*1,%-(&5.,'-(3&)17(,%"6(-(&7%F%#(&#(&"(&'2*(';*+&
;,%"&;')(&5'?"(*%#(&;1"(5&*,1;1-&!"&;')%/%*'*(&%',&);%,%*1-&0(/%"(&-%@(,3&'5%"*%,%-(&0%"&'-*(&/%(6%&)(& !"&/%%*.,3&.',(&#1&#(&(-'"&/.5&54"'&/%'6'&!"'%"*(3&.',(8&/.5&5'%&51"#%&#1&0,'?.)*(&2%&'/4"*&#'&)+&
0()7+2.',+&!"'%"*('&".')*,+&#'&;(&(#,'"1-&1"1%&#%"(5'*.?,'78 '?."%)%53&)+&"(&#,(2*(5&#.;%%%3&)+&7%5&5.,'-%&2%&'#*%/%D
T"(.,% & e'5%"*%,%-( &'-*(% & /%(6% &/%" &-' &)1;,'7'6' & #."2*%%"6(% & ".')*,( & !" &5.0 & );."*'"3 & 7+,+ & ;')(& J(#1".)#4"0&5+,(6%'&2%&%"7%"%*(-(&;-'"1,%&'-(&C%/%"%*+6%%&"1&!"6(-(?(5&@%"(7'#(,%-(&1%*+,%%&#1&#',(&
5'?"(*%#(8&!")+3&0(&#(-(&5'%&51-*(&.,%3&(-(&)(&;,(F%"*+&7,'?5("*',3&!"#4*&"1&)(&;.'*(&,(#.")*%*1%& "(:'&!"F()*,'*&@1"1-&9+,%"*(&#(,()#8&C(.',(#(&"1&"(&'5%"*%53&"(?+5&;,%"#%;%1-&,(!"*,1;+,%-.,&".')*,(3&
!"*,('?'& /%'6+&' & ;(,).'"(%&,();(#*%/(8 &a&7(5(%( &);1"(3 &0(&(L(5;-13& #+ &'&*,+%*& !"*,:. &#')+ & 5',(3& '-&*1*1,.,&7%%"6(-.,3&'-&*1*1,.,&#.,;1,%-.,&#(,(2*%3&;-'"(*(&2%&).,%8&T%*',('&()*(&.&7(,%#%,(3&.&@%"(#1/4"*',(&
0(;',*(3&!"*,:.&6',+&#'-0+3&#+&'/('&1"&).6&#',(&.&@,1*'-%F'&2%&#+3&!"&7%"(3&!"*,:.&F%&'&.5.,4*:.&2%&%:'1& ;("*,1&.58&C'#+&"1&',&7%&1%*',('3&/%'6'&".')*,+&',&7%&1"&%'0&'%#%&;(&;+54"*8&C%"&7,'?(0+&#.;%-+,%(&2%&
,+5')&0.%&#.;%%A&I%%&2%&o'*%5'3&0',&"1&"(&);1"(&!"&#(&.,'23&!"&#(&'"&2%&#15&)(&"15('&).61-&(%8&H$%',& ;4"+&-'&#.2#%1?3&'*4*('&-'#,%5%3&01,(,%&2%&?,%=%&"(&1,5+,()#3&!"#4*&0'#+&1%*',('&":',&'2*(,"(&/+-1-&(%&
#4"0&)(&0'1&0'*(&5'%&#-',(&2%&5'%&.,0."'*(3&*.*&"1&)(&;.*&7'#(&/(,%7%#+,%3&0(.',(#(&7';*(-(&)1"*& @%"(7+#+*.,3&;("*,1&'&"(&',1"#'&!"&/4,*(=1-&/%(6%%&0(&*.'*(&F%-(-(3&(L%)*("6'&".')*,+&;(&;+54"*&"1&',&
;(*,(#1*(&-'&.&(;.#+&!"0(;+,*'*+3&!"*,:.&-.#'-%*'*(&0(&;(&1"&'-*&#."*%"("*&'-&?-.@1-1%3&')*7(-&#+&(&?,(13& 5'%&7%&;.)%@%-+8
0'#+&"1&%5;.)%@%-3&)+&7%(&#(,#(*'*(&2%&0(#%&#."*,.-'*(8 K+& 51-615%5& @1"1-1%& H,('*., & ;("*,1 & *.*& #(& '& 7+#1*& 2%& )*'@%-%*8 & S- & -(:'& !"*.#5%* & ;(& *.'*(& #1&
H.;%%%&;4"+&-'&/4,)*'&0(&2';*(&'"%&!2%&'5%"*()#&5'%&@%"(&0(#4*&.'5("%%&5'*1,%&/%(6%-(&-.,&*,(#1*(3& 0()+/4,2%*'&!"6(-(;#%1"(3&;(&#',(&!"&)*'0%1-&'=1")&"1&)1"*(5&!"#+&!"&)*',(&)+&-(&';,(#%(5&2%&!"6(-(?(58
0%"&#'1F+&#+&;4"+&-'&'#(')*+&/4,)*+&-(?+*1,'&0%"*,(&);%,%*&2%&*,1;&()*(&5'%&)-'@+&0(#4*&!"&,()*1-&/%(6%%&
-.,&*(,()*,(3&2%&0(#%&;.*&)+&,(/'0+&#(('&#(&()*(&!")#,%)&!"&#.,;1-&-.,&);%,%*1'-Q&!"&;-1)3&;4"+&-'&'#(')*+& )$'''0'''$
/,(5(3&)%)*(51-&-.,&#(,(@,'-&7%%"0&5'%&0(-%#'*3&!"#+&!"&7.,5',(3&'/4"0&0(#%&.&5'%&5',(&;-')*%#%*'*(3&
;(,5%*(&(L*(,%.,%F',('&'5%"*%,%-.,&0%"&/%'6'&*,(#1*+8&C%"&"(".,.#%,(3&;+,%"6%%&-.,3&#',(&":'1&'1F%*&2%& 9','-(-&#1&;,.?,()1-&*,1;1-1%3&#1&'-#+*1%,('&)'&7%F%#+3&)(")%@%-%*'*('&)'&5'%&!"'-*+&2%&%"*(-%?("6'&0%"&
0(#%&"1&#1".)#&'0(/+,1-&,(!"*,1;+,%%3&#,(F4"0&#+&.0,')-(-(&-.,&'1&$'-1#%"'6%%3&,+*+#%,%&'-(&5%"6%%3&!%& #(&!"&#(&5'%&/%(3&.51-&'&'=1")&)+&-1#,(F(3&)+&)1;1"+&5'*(,%'&;,%"&/.%"6'&)'&2%&)+&,('-%F(F(&0()#.;(,%,%&
#(',*+&2%:%&.;,()#&)+&5'%&);1"+&')(5("('&B@'F'#."%%E3&.,%&"1&-(&0'1&"%#%&.&%5;.,*'"6+3&;1"4"01:-(&;(& !"'-*(&2%&1%5%*.',(8&K:',&#,(0(&#+&)1"*(5&!"*,:1"&5',2&/%#*.,%.)&'-&#1#(,%,%%&"'*1,%%3&);,(&7.-.)%"6'&
)('5'&7'"*(F%(%8&9+#'*3&;("*,1&#+&51-*(&-1#,1,%&(0%7%#'*.',(&'5&;1*('&'7-'&;,%"&(%&2%&"(:'5&!"#,(0%"6'& ".')*,+3&#+&.51-&;+2(2*(&0%"&#(&!"&#(&5'%&?,+@%*&#+*,(&#1#(,%,('&7(,%#%,%%&)'-(8&H1&*.'*(&5%"1"%-(&
;(&0(;-%"&0(&'#(')*+&5',(&-(?(&'&0%/%"1-1%&H,('*.,M ,('-%F'*(&0(&%"*(-%?("6'&)'&/%(3&*.*12%&"%/(-1-&5.,'-&'-&.5("%,%%&()*(&'F%&!"#+&7.',*(&)#+F1*8&a51-&71,+&
9,.@'@%-& #+ & "15'% & '#(-(& ;(,).'"(3 &-'&#',( &0%"&'"15%*( & 5.*%/(&);%,%*1-&,(/%"( & -'& ,(!"*,1;',(& 5(,(1&0%"&)(#,(*(-(&"'*1,%%3&0',&"1&;("*,1&'&'=1*'&.5("%,%%&!"&;,.?,()1-&(%3&#%&;("*,1&'&7'1,%&',5(&".%3&
%5(0%'*&01;+&5.',*('&7%F%#+3&!2%&'5%"*()#&0(&/%'6'&-.,&*,(#1*e8&!"&'#()*(&#'F1,%&);%,%*1-&"1&5'%&*,(#(& 5%=-.'#(&".%&0(&':2%&1#%0(&7,'6%%8&I5&0()#.;(,%*&-(?%&7%F%#(&2%&#$%5%#(3&"1&;("*,1&'&"(&!"-()"%&/%'6'3&#%&
;,%"&F."(-(&);%,%*1'-(&0%"&=1,1-&;+54"*1-1%3&;+)*,4"0&!"/(-%21-&;-'"(*',3&';,.';(&%"*'#*3&;,%"&1,5',(& #'&)+&1#%0(5&#.;%%&2%&7(5(%3&7,'6%%&".2*,%3&7%%%&1"1%'&2%&'#(-1%'2%&P'*+&#,('*.,M
,(/%"(&-'&".1'&!"*,1;',(&#1&/(#$%1-&!"/(-%2&;-'"(*',8&I)(5("%('&#'F1,%&R)1"*&7.',*(&,',(3&;("*,1&#+&1"& C'#+&)'/'"*1-&#,(0(&!"&5'*(,%'&7%F%#+&2%&!"&-(?%-(&#(&.&'"%5+3&.51-&%?".,'"*&.,%&.51-&)(5%0.#*&"1&
')*7(-Z0( & .5 & /' & )1;.,*' & #1 & ?,(1 & '0/(,)%*+6%-( & /%(6%% & *(,()*,( & 2% & /' & ;,.7%*' & ;,(' & ;16%" & 0( & ".1' & )'& 5'%&',(&"%#%&.&@1).-+&!"&/%'6'&)'8&['-1,%-(&/%(6%%&!%&;.',*+&!"&*.'*(&0%,(#6%%-(&2%&"1&5'%&'1&"%#%&.&
!"*,1;',(3&'/4"0&%")*,15("*(&1F'*(3&'#(-('2%&;(&#',(&-(:'&'Ç1*&2%&!"&/%'6'&*(,()*,+&;,(#(0("*+8 );(,'"6+8&I-(',?+&-'&@%)(,%#+3&0',&)(&!"*.,#&'#')+&*.*&)1@&';+)',('&"(/.%-.,&/%(6%%Q&#%*()#&#+,6%&#',(&)+:%&
C(&'#(('3&C%/%"%*'*('3&!"&!"'-*'&S%&!"6(-(;#%1"(3&'&.,4"01%*&#'&01;+&7%(#',(&/%'6+&*(,()*,+&)4 -15%"(F(&')1;,'&)#.;1-1%&01,(,%%&2%&');,%5%%&'#()*(%&/%(6%3&2%&5%"*('&-.,&,+54"(&*.*&'*4*&0(&#."71F+&#'&
1,5(F(&.&/%(61%,(&!"&);'6%13&.&/%'6+&0(&,(;'1)3&0(&5(0%*',(3&2%&"15'%&')*7(-3&.0%$"%*3&);%,%*1-&)+&,(/%"+ 2%&5'%&!"'%"*(8&R'*+&)*',('&!"&#',(&)(&'7-+&'F%&.5("%,('M
;(&;+54"*3&#1&)%"*(F'&/%(6%%&*,(#1*(3&#1&!"/(-%21,%&2%&%")*"5("*(&".%3&;("*,1&'&!"/+6'&-(#6%%&".%3&Q C'#+&!"/+6+*1,%-(&)1@-%51-1%&".)*,1&U4"*1%*.,3&R)1)&H$,%)*.)3&):',&7%&;+)*,'*&#1,'*(3&"('-*(,'*(&
7%%"01:%&!"-()"%*+&,%0%#',('&;(&)#','&;,.?,()1-1%8 :#15&(,'1&!"&;,%5%%&0.1+&)1*(&0(&'"%&'%&#,(2*%"%)51-1%3&0'#+&)-1=%*.,%%&#')(%&C.5"1-1%&',&,(/("%&-'
=
>%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&C,%7'&#',*( H(!"*,14',(' U_Y
U_X
#'&');(#*3&0(#%&"1&'1&"%#%&1"&7(-&0(&)(L8&S-(&)1"*&)7(,(&-15%".')(3&7%(#',(&0%"&'#()*(&)7(,(&7%%"0&
7.,5'&-.,&)%5;-+&0(&/%'6+3&#'&'-*+0'*+3&#4"0&#1".2*('1&;,.71"0&-(?%-(&0%/%"(3&2%&',&'0.;*'&#(('&#(& 7.,5'*+ & 0%"*,:1" & ;1"#* & 5%#,.)#.;%# & )*,+-1#%*.,3 & #',( & ()*( & ()("6' & )7(,(%3 &)#E"*(%' & 5%0%"+/ &);%,%*1-&
2*%'1&'*1"#%3&2%&'"15(&'0(/+,1-&#+&("*%*'*('&);%,%*1'-+&,(/%"(&5(,(1&-'&/%'6'&*(,()*,+3&.51-&',&0(/("%& ;,.;,%1:F%)3&%',&!"&=1,1-&)#4"*(%%&)(&'7-+&.&'1,(.-+&7-1%0%#+3&1"&!"/(-%2&(*(,%#3&7.,5'*&0%"&#(-(&2';*(&
5'%&@1"3&5'%&5%-.)*%/&2%&',&!"6(-(?(&,.)*1-&/%(6%%8&a&5.,'-%*'*(&0()+/4,2%*+&',&#1;,%"0(&.5("%,('&2%& !"/(-%21,%&7-1%0%#(&;.5("%*(&2%&#',(&7.,5('F+&#.,;1-&);%,%*1-1%&)'1&;(,%);%,%*1-&)+18
0%"&)17-(*1-&7%(#+,1%'&):',&,%0%#'&-'&H(,&.)'"'-(&H(-1%&I*.*;1*(,"%#8 H1&*.'*(&#+&("*%*+6%-(&);%,%*1'-(&)1"*&;(,7(#*&%0("*%#(3&0(&-'&.,%?%"('&-.,3&H,('*.,%%&#',(&-(:'1&
c(!"*,1;',('&()*(&1"&I0(/+,&0%/%"3&#',(&-+,?(2*(&.,%F."*1-&*1*1,.,&#1".2*%"6(-.,&.5("(2*%3&.7(,%"0& ;,(?+*%*&#'-('&'1&-1#,'*&')1;,'&-.,&')*7(-&!"#4*&(-(&)+&)(&5'"%7()*(&0%7(,%*3&7%%"0&!"#+,#'*(&#1&0.1+&
5'%&#-',&0(#4*&.,%#(&)("*%5("*1-&(*(,"%*+6%%3&%%'&0(F/.-*+&!"&".%&%5'?%"'6%'&2%&"(&*,'");.,*+&?4"01-&;(& 7(-1,%&0(& 7-1%0(&0(&"'*1,+&(-(#*,%#+&: &;81%5&(8(#*,%#&"(-'*%0 &2% &;81%5&(8(#*,%#&42M%*%0/ &'7-'*(& !"*,:1"&
"()74,2%*'&04,+&'&)(#.-(-.,&)#1,)(8&c(!"*,1;',('&#."6%"(&%");%,'6%'&;.(*1-1%3&-15%"'&7%-.).71-1%3&@1#1,%'& (#$%-%@,1&.',(#',(8&G'&1"(-(&("*%*+6%&);%,%*1'-(&7-1%01-&;.F%*%/&!-&!"*,(#(&;(&#(-&"(?'*%/3&%',&-'&'-*(-(&
)74"*1-1%3&2%&','*+&*1*1,.,&0,151-&#+*,(&P'*+-8 ;,(0.5%"+&7-1%01-&"(?'*%/8&H1&'-*(&#1/%"*(3&);%,%*(-(&'1&0.1+&7(-1,%&0(&(-(#*,%#%*+6%3&0',&1"(-(&)1"*&
I#15&2*%5&#+&!"&-1"?'&%)*.,%(&'&;,.?,()1-1%&".)*,1&);%,%*1'-3&'5&5'%&*,+%*&;(&#4"0&"(&!"#$%"'5&-'& ;,(0.5%"'"*&;.F%*%/(3&%',&'-*(-(&;,(0.5%"'"*&"(?'*%/(3&'#()*(&7-1%0(&'/4"0&,.)*1-&-.,&!"&/%'6'&);'6%'-+&
%0.-%3&')(5("('&*,%@1,%-.,&)+-@'*%#(&0(&'F%8&C(&'*1"#%3&'5&1,#'*&*,(;*(-(&/%(6%%&2%&5'%&*4,F%1&'5&.7(,%*& '&("*%*+6%-.,&);%,%*1'-(8
0',1,%&-1%&p,'$5'3&!"&/')*(-(&*(5;-(&%"0%("(&*+%'*(&!"&;%'*,'&51"6%-.,8&K(#.-(-(&):'1&!"2%,'*&2%&!"&'-*(& 9,%"&!")+2%&(L%)*("6'&);%,%*1-1%&!"&);'6%13&"'*1,'&'#()*1%&7-1%0&(-(#*,%#&)(&'-*(,('F+3&)(&)#$%5@+&
!"*,1;+,%3 & '5 & #+F1* & !"7,%#.2'6% & -' & ;+54"*3 & #4"0 & 7.#1- & 0%/%" & 71-?(,' & !"& *(5;-1- & -1% & W.,.')*,1 & 0%"& !"*,:1"&'-*&?("&0(&7-1%03&7%%"0&"(/.%(&0(&.&;,%5("%,(8&9,.#()1-&0(&;,%5("%,(&)(&0()7+2.',+&!"&5.0&
/(#$('&9(,)%(8&[%'6'&"%&):'&)#1,)&5(,(13&#'&2%&';'&7-1/%%-.,3&!5@,+#4"0&0%7(,%*(&*,1;1,%&15'"(&2%&!"& ')(5+"+*., & #1 & ,();%,'6%' & *,1;1-1% & ".)*,18 & K;%,%*1- & (L(#1*+ & 1" & 7(- & 0( & ;'-;%*',( & : & )( & 0%-'*+ & 2% & )(&
0%7(,%*(&,'"?1,%&).#%'-(3&0(;1"4"0&7-.,%&-'&;%#%.',(-(&-1%&a)%,%)&2%&'-(&F(%6(%&R)%)3&;(&/,(5('&7','."%-.,3& #."*,'#*+3&%");%,+&2%&(L;%,+&:&(-%5%"4"0&;,%"&'#()*&'#*&5(#'"%#&7-1%01-&#.,1;*&2%&'@).,@%"0&0%"&);'6%%-(&
!"&*(5;-(-(&0(&-'&P$(@'&2%&U(5;$%)8&I5&*,+%*&2%&'5&51,%*3&"(:'5&"+)#1*&!"&)4"1-&'&0%7(,%*(&;.;.',(&2%& )%0(,'-(&7-1%0&;,.');+*8&I#()*&*,'/'-%1&01,('F+&/(2"%#3&);%,%*1-&'@).,@%"0&;,.;.,6%%&%"(?'-(&0( &7-1%0&
,(-%?%%3&"(:'5&)%56%*&54"0,%&0(&"('51-&#+,1%'&!%&';',6%"('5&2%&).#.*('5&,(-%?%'&".')*,+&#('&5'%&;1,+3& (-(#*,%#&;.F%*%/&2%&"(?'*%/8
#('&5'%&!"'-*+8&I5&#4"*'*&#4"*(#(&,%*5%#(&!"'%"*('&'-*',(-.,&0(&5',51,+&,%0%#'*(&!"&N,(#%'&)*,+/(#$(8& G'&1"(-(&("*%*+6%&);%,%*1'-(&)(&'#151-('F+&5'%&51-*&7-1%0&;.F%*%/&'@).,@%*3&0(.',(#(&;1*(,('&0(&
J(:'5&)1;1)&)*,%#*(6%%&-(?%-.,&0(&7%(,&'-(&R5;(,%1-1%&c.5'"&2%&;.'*(3&1"%%&0%"*,(&".%3&'5&87.)*&;,%"*,(& '-(?(,(&7-1%0%#+&0(&"'*1,+&;.F%*%/+&'&7.)*&5'%&5',(&0(#4*&#('&"(?'*%/+3&%',&-'&'-*(&);%,%*(3&0.F'&0(&
#(%&#',(&'5&0'*&#1&;%(*,(&2%&'5&#(,1*&,+)*%?"%,('&0%/%"1-1%&R)1)8 7-1%0&"(?'*%/&)(&'#151-('F+&!"*,:.&5+)1,+&5'%&5',(8&I)*7(-&);%,%*1-&)(&!"#',#+&;,('&51-*&#1&1"&
'"15%*&7(-&0(&7-1%0&(-(#*,%#3&)%56%"01:)(&!"?,(1"'*&0(&#'"*%*'*('&;,('&5',(&'&7-1%01-1%&;,(;."0(,("*3&
I#15&%'*+:"(&,(/("%6%&;(&;+54"*3&;("*,1&'&'0.,'&0%"&".1&;(&P'*+-&(*(,"3&7%%"0&5(,(1&!"&;(-(,%"'=& 2%&'*1"#%&#'1*+&.&;.)%@%-%*'*(&0(&0()#+,#',(8
;(&0,151-&-1"?&'-&"'2*(,%%&2%&5.,6%%8 C()#+,#',('&',(&-.#&;(&#'-(&0(&)#$%5@8&C.1+&("*%*+6%&);%,%*1'-(&#',(&0(&5%-%',0(&0(&/('#1,%&'1&
;.,"%*&!5;,(1"+3&;(&0,151-&"()74,2%*&'-&(/.-16%(%3&)(&)%5;'*%F('F+3&)(&#'1*+3&)(&0.,()#3&/.,&#'&5(,(1&
)+&)(&)7+*1%')#+&2%&)+&)(&'=1*(8&H4"0&("*%*+6%-(&);%,%*1'-(&!"*,(&#',(&):'&)*'@%-%*&.&%1@%,(&0%"&/(2"%#%'&
!"0(;+,*'*+&:&/(2"%#%(&#',(3&*.*12%3&',(&1"&.',(#',(&!"#(;1*&:&)(&)%5*&!"?,(1"'*(&0(&.&0.F+&5',(&0(&
9,.#()1-&,(!"*,1;+,%% 7-1%0 & ;.F%*%/ &)'1 &"(?'*%/3 &)( &'-%;()# & 1"' & 0(& '-*' & 2% & 7'# & !"*,( & (-( & 1" & )#$%5@& 0%" & ;-1)1- & 0(& 7-1%0&
'#151-'*8&9,%"&'#()*&'#*3&):'1&(-%@(,'*&0(&;./',+3&%',&)#$%5@1-&-(&;,.01#(&.&)("F'6%(&0(&7(,%#%,(8
H4"0&'&).)%*&#(')1-&#.@.,4,%%&-'&!"*,1;',(3&("*%*'*('&);%,%*1'-+&)1;(,%.',+&;.,"(2*(&)%"?1,+&2%&#1& K+&/(0(53&;(&)#1,*3&(L;-%#'6%'&5',%%&*'%"(&'&5',%'=1-1%8
$.*+,4,(3&#1".)#4"0&;(,7(#*&*.'*(&7'F(-(&;,%"&#',(&/'&*,(#(3&'*4*&!"&*%5;1-&,(!"*,1;+,%%3&#4*&2%&*.'*(& K;%,%*1-&#',(&0(6%"(&!"&=1,1-&)+1&5'%&51-*&7-1%0&;.F%*%/&)(&/'&!"*,1;'&5'%&0()&!"&*,1;&5')#1-%"3&%',&
;(,%;(6%%-(&/%(6%%&)'-(8&G%"%'&!%&()*(&#-',&*,')'*+&2%&('&!2%&/'&1,5'&#1&)7%"6("%(&;-'"1-&0()*%"1-1%8 );%,%*1-&5'%&@.?'*&!"&7-1%0&"(?'*%/&)(&/'&!"*,1;'&5'%&0()&!"&*,1;&7(5%"%"8&!"&*.'*(&7.,5(-(&0(&/%'6+&:&
S"*%*+6%-(&);%,%*1'-(&%"7(,%.',(&:&2%&5'%&'-()&#(-(&.',(#15&#."2*%("*(&0(&#1;*.,1-&0(&;1,%7%#',(&2%& 5%"(,'-+3&/(?(*'-+3&'"%5'-+&)'1&15'"+&:&;,%"#%;%1-&7(5%"%"&)(&)1;1"(&;,%"#%;%1-1%&5')#1-%"8&R'*+&0(&
01,(,%&!"&#',(&#.@.',+&:&'1&"(/.%(&0(&!"#1,'=',(3&0(&!"0(5"&7,+6()#8&R"&'#()*&)#.;3&;-('#+&!"&)*.-&-'& #(&@+,@'*1-&()*(&5'%&#1&%"%6%'*%/+3&5'%&("(,?%#3&2%&0(&#(&7(5(%'&()*(&5'%&;')%/+&2%&,+@0+*.',(8&I)*7(-&
,(!"*,1;',(3&;("*,1&#'&/+F4"01:)(&1"(-(&;(&'-*(-(3&)+&;,%"0+&#1,'=8&a&#('*+&5',(&0(&)*,+-1#%*.',(& !"6(-(?(5&2%&)(")1-&#1/%"*(-.,&);1)(&0(&;,(.*&-'&#1"1"%(A&BR',&7(5(%'&)+&)(&*('5+&0(&@+,@'*E3&'0%#+&)+&
("*%*+6%&);%,%*1'-(&-(&!").6()#3&/.,@%"01:-(&5(,(1&0(&-(?('&(/.-16%(%&2%&0(&7(,%#%,('&-15%-.,&)1;(,%.',(3& 7%(&)1;1)+&@+,@'*1-1%&'-()&2%&)+:2%&01#+&#1&(-&*,'%1-&;4"+&-'&5.,54"*8
!"&'#(-'2%&*%5;3&1"&#.,&)1@-%5&0(&("*%*+6%&);%,%*1'-(&:&0(&51F%#+&')*,'-+jh&-(&!").6()#&0%"&"%/(-(-(&-.,& C1;+ & #( & '5& /.,@%* &;16%" & 0();,( &5',(' & *'%"+ & '& 01'-%*+6%%3 &' & 1"%,%% & );%,%*1'-(3 &/.5& '@.,0' & 2%&
0(&;.,"%,(&#+*,(&)1;,'7'6'&;+54"*1-1%8 )1@%(#*1-&1"%,%%&*,1;(2*%&'&0.%&%"0%/%F%&0(&)(L&.;1)8&I5&5'%&);1):.&2%&/.%&,(;(*'&5(,(1A&*.*1-&()*(&
K1@&!"0(5"1-&F@.,1-1%&!"&#.51"&2%&)1@&'0%(,('&51F%#%%&#(,(2*%3&("*%*+6%-(&);%,%*1'-(&;.,"()#&#1& .,4"01%*&0(&C%/%"%*'*(&2%&(L(#1*'*3&0(&)-1=%*.,%%&K+%&0(&0%7(,%*(&?,'0(8
/.%(&@1"+8&C'*.,%*+&7';*1-1%&#+3&;(&5+)1,+&#(&#.@.',+3&'*5.)7(,'&7-1%0%#+&()*(&0%"&#(&!"&#(&5'%&0(")+3& G1+5&0.1+&)1@)*'"6(&#$%5%#(&2%&-(&;1"(5&7'6+&!"&7'6+3&0(&(L(5;-1&1"&'#%0&2%&.&)(,%(&0(&5(*'-(&
5'%&?,.).-'"+&2%&,();%"?+*.',(3&("*%*+6%-(&);%,%*1'-(&)1;(,%.',(3&5',%&7.,6(&);%,%*1'-(3&'*,'?&0%"&5',(-(& )'1&.L%F%&5(*'-%#%8&I#%01-&/'&5'"%7()*'&.&'"15%*+&;,(7(,%"6+&;("*,1&1"1-&0%"*,(&'#()*(&5(*'-(3&2%&)(&
#1,("*&#.)5%#&742%%&;1*(,"%#(&0(&7-1%0&5'?"(*%#&2%&!"/+-1%(&#1&(-(&);%,%*(-(&;.,"%*(&-'&,(!"*,1;',(8&K1@& /'&1"%&"15'%&#1&1"1-&0%"&(-(3&04"0&"'2*(,(&1"(%&)1@)*'"6(&".%3&"15%*+&)',(8&T"%,('&0%"*,(&1"&'#%0&2%&
%"7-1("6'&'#()*1%&7-1%03&("*%*+6%-(&#'"0%0'*(&-'&!"*,1;',(&#'0&!"*,:1"&7(-&0(&).5".-("6+Q&)1"*&*,(F(3&/+03& 1" & .L%0 & )'1 & 5(*'- & )( & 0'*.,(2*( & 7-1%0(-., & #',( & -( & !").6()# & 2% & )*'1 & -' & @'F' & -.,8 & !" & 7-1%01- & 1"1%'&
'103&2*%1&#(&7'#3&0',&"1&5'%&)1"*&;(&0(;-%"&)*+;4"(&;(&/.%"6'&-.,8&H'&2%&5'?"(*%F'6%%&)'1&$%;".*%F'6%%& (-(#*,%#%*'*('&()*(&;,(0.5%"'"*&;.F%*%/+3&%',&!"&7-1%01-&#(-1%-'-*&;,(0.5%"+&(-(#*,%#%*'*('&"(?'*%/+8&H1&
0(&;(&;+54"*3&,+54"&)1@&%"7-1("6'&5'?"(*%F'*.,1-1%&-.,3&#',(&!%&#."01#(&;(&#'-(' &?4"01-1%8&I)*7(-& #4*&1"&.L%0&!%&;,.#1,+&'#%01-1%&5'%&51-*&7-1%0&#."*,',3&#1&'*4*&5'%&51-*&'#%01-&0()7'#(&.L%01-&2%&)(&
#.5@%"+&#1&(-8&I)*7(-&)(&;(*,(#(&1"%,('&!"&,(?"1-&5%"(,'-8
;,(?+*%*(3&)1"*&.',(#15&)1@&%"7-1("6'&5("*'-+&'&5',%-.,&("*%*+6%&);%,%*1'-(&#(&;,(F%0('F+ &,(!"*,1;+,%-(& 9("*,1&5%"*('&".')*,+3&7(".5("1-&()*(&5'%&#-',3&5'%&0()-12%*&!"&,(?"1-&/(?(*'-8&I%#%&(-(5("*1-&
'#()*1%&?,1;&0(&01$1,%8&K.)%"0&!"&';,.;%(,('&;+54"*1-1%3&7%(#',(&);%,%*&#'"0%0'*&-'&!"*,1;',(&()*(&-1'*& ,(;,.01#+*.,3&F%)&5')#1-3&5(,?(&#+*,(&(-(5("*1-&)(L1'-&7(5(%8&a,%1"0(&',&7%3&.,%#15&',&7%&.,?'"(-(&
0(&?$%01-&)+1&2%&!"0,(;*'*&#+*,(&.&'"15%*+&,(?%1"(&'&;+54"*1-1%3&#+*,(&.&'"15%*+&6',+3&;,./%"#%(3& ;1,*+*.',(&'-(&'#()*.,&0.1+&(-(5("*(3&'-(&'#()*.,&0.1+&#(-1-(&?("(,'*.',(3&(-(&)(&'*,'?3&)(&#$('5+&>%&
-.#'-%*'*(&2%&7'5%-%(3&#+*,(&.&'"15%*+&5'5+8 )(&1"()#8&K(&'*,'?&0(.',(#(&)(&0.,()#3&2%&)(&0.,()#&;("*,1&#+&7%(#',(&()*(&;1,*+*.,&0(&7-1%0&(-(#*,%#&0(&
%&&&&[:&" )(") & .;1)8 & C( & (L(5;-13 & ?,+1"*(-( & 0( & ;.-("3 & ;1,*+*.,1- & 1"(% & '1,(.-( & 7-1%0%#( & 5'% & @.?'*+ & !"&
(-(#*,%#%*'*(&;.F%*%/'3&)(&!"0,(';*+&#+*,(&./1-1-&0%"&#'5(,'&./',%'"+&'&?%"(#(1-1%3&;("*,1&#+&()*(&
I#*1-&1"%,%%&'&0.%&%"0%/%F%&0(&)(L&.;1)&()*(&!"/+-1%*&0(&#('&5'%&5',(&*'%"+8&S-&!2%&',(&.@4,2%'&!"& #$(5'*3&()*(&'*,')&0(&7-1%01-&;,(0.5%"'"*&"(?'*%/&'-&'#()*1%'8&R'*+&!"6(-()1-&1"%,%%&?,+1"*(-1%&0(&;.-("&
N
(*(,"%*'*( & 2% & ):' & ;(*,(#1* & 2% & )( & ;(*,(#( & !" & -15%-( & (*(,%#(8 & I#*1- & 1"%,%% & 7%F%#( & ()*( & 0.', & 7.,5'& 1&./1-1-3&0(&;(&1,5'&#+,1%'&)(&"'2*(&.1-3&!"#(;1*1-&/%%*.,1-1%&;1%&0(&;-'"*+8
5'*(,%'-%F'*+&'&1"%,%%&7-1%0%#(3&);%,%*1'-(8 C'#+&*,(#(5&-'&,(?"1-&'"%5'-3&/.5&7%&5',*.,%%&'#(-1%'2%&;-'"&0(&1"%,(&2%&;(,;(*1',(&'&);(#%(%8&T,%&
H1&)7%'-+&,%0%#&1"&5%#&#.-6%2.,&'-&'#()*(%&*'%"(3&0(&#',(&;.5("(2*(&2%&;,(.*1-&0%"&@%)(,%#'&#,(2*%"+3 %"0%/%03&5')#1-1-3&(5%*(&.&#(-1-+&?("(,'*.',(&"15%*+&);(,5'*.F.%03&2%&#(-+-'-*&%"0%/%03&7(5(-'3&(5%*(&
.&#(-1-+&?("(,'*.',(&"15%*+&./1-8&C%"&1"%,('&-.,&)(&"'2*(&#(-1-'&"15%*+&.13&0%"&#',(&)(&/'&7.,5'&
#4"0&7'#(&)-1=@'&#1"1"%(%8 (5@,%."1-&2%&5'%&*4,F%1&/%%*.,1-&'"%5'-8&H(-(&0.1+&#(-1-(&?("(,'*.',(&'1&'-(,?'*&1"'&);,(&'-*'&>%&):'1&
P.'*(&("*%*+6%-(&);%,%*1'-(&'1&'#(('2%&.,%?%"(3&'1&'#(('2%&!5@,+#+5%"*(&);%,%*1'-+3&0(.',(#(&*.'*(& 1"%*&0%"&5.*%/(-(&)1)&'5%"*%*(3&04"0&"'2*(,(&1"1%&;,.01)&#',(&0(6%"(&(-(5("*(-(&5'*(,%(%&7%F%#(&2%&
)1"*&7.,5'*(&0%"&()("6'&P'*+-1%&#(,()#8&H1&'-*(&#1/%"*(3&("*%*+6%-(&);%,%*1'-(&)1"*&(?'-(&2%&7+,+&)(L8 7-1%0%#(&;,./("%*(&0(&-'&0.%&%"0%/%F%&0(&)(L&.;1)8
K+&;+,+)%5&*,(#1*1-&0(&.&(*(,"%*'*(3&;,%"&#',(&'1&*,(#1*&'#()*(&);%,%*(3&;4"+&'1&'=1")&-'&(*';'&0(&
);%,%*(&15'"(3&'"%5'*.',(&0(&#.,;1,%&15'"(8&!"&);'6%13&("*%*+6%-(&);%,%*1'-(&15'"(&)1"*&'@).-1*&-'&7(-
U_Z >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&C,%7'&#',*( H(!"*,14',( U_[
'

T"&7';*&!")+&,+54"(&#.")*'"*8&T"%,('&!"*,(&#(-(&0.1+&(-(5("*(&#1&!"#+,#+*1,%&(-(#*,%#(&0%7(,%*(3& K;%,%*1-&#.@.,4*&-'&!"*,1;',(&!"#."=.',+&#1&;(,%);%,%*1-&)+1&*,1;1-&/%%*.',(%&)'-(&5'5(3&;(,%);%,%*1-&
)(&7'#(&!"&'"15%*(&#."0%6%%&2%&5'%&'-()&!"&'"15%*(&(;.#%8&!"*,:'0(/+,3&"1&.,%#4"0&2%&"1&!"&.,%#(&#."0%6%%& )+1&-14"0&7.,5'&1"(%&,.#$%%3&)*,45*+&)1)&2%&-',?+&!"&;.'-(3&'0%#+&7.,5'&1"1%&#-.;.*3&'&1"1%&*,1"#$%&0(&
.&7-.',(&;,.01#(&;.-("&2%&./1-(8&J1&.,%#4"0&7(5(-'&;,%5(2*(&)+&7%(&7(#1"0'*+&0(&%"0%/%01-&5')#1-8& #."8&I#()*&!"/(-%2&7-1%0%#&)(&!"*%"0(&0%"&0,(;*1-&15(,%-.,&5'5(%3&;4"+&5'%&=.)&0(&?-(F"+3&#';1-&(%&
P.*1-&)(&7'#(&01;+&.&.,0%"(&"(/+F1*+3&0%#*'*+&0%"&);'6%1&0(&7.,6(-(&);%,%*1'-(&%"/%F%@%-(8 ,+54"4"0&-%@(,8
a51-3&#.,.'"'&#,('6%(%&P'*+-1%&0%/%"&;(&;+54"*3&#1&*.'*+&!"6(-(;#%1"('&#1&#',(&'&7.)*&!"F()*,'*&0(& K(& 2*%(& :&7%%"0&0./(0%*& 2%&0(&2*%%"6+&:&#+&/($%#.-1-&7%F%#&'-&.51-1%& #."6%"(&.& 5')+& 0(& 7-1%0(&
H,('*.,3&)(&'@'*(&0(&-'&-(?('&)74"*+&'&;,.#,('6%(%3&'&7.,5+,%%&0(&*,1;1,%&".%3&!"&#',(&)+&#.@.',(&2%&)+&)(& (-(#*,.5'?"(*%#(8 & C%"*,( & *.'*( & .,?'"(-( & #.,;1-1% & .5("()#3 & #(- & 5'% & @.?'* & !" & 7-1%0 & ()*( & )%)*(51-&
7%L(F(&1"&);%,%*&;("*,1&.&".1+&/%'6+&*(,()*,+8&S-&'&#.@.,4*&)74"*'&1"%,(&);%,%*1'-+&2%&'&@'*=.#.,%*&)74"*'& "(,/.)&#("*,'-&2%&;(,%7(,%#8&a,%#(&'#6%1"(&0(&"'*1,+&7-1%0%#+&/("%*+&0%"&);'6%13&/'&-1#,'&')1;,'&!"*,(?1-1%&
1"%,(&*,1;(')#+8&I)(5("('&#(-.,-'-*(&,(?"1,%&2%&-'&.5&()*(&%"0%#'*&5.5("*1-&7%,()#&;("*,1&1"%,('& #.,;&7%F%#3&0',&)%)*(51-&#(,(@,.);%"'-&/'&,+);1"0(&#(-&5'%&;,.5*&2%&5'%Z&;1*(,"%#&-'&'#()*(&%"7-1("6(8&
*,1;(')#+3&!"&F%-(-(&0%"&;,('=5'&7'F(-.,&-1"',(3&#4"0&)(&;,.01#(&(-%5%"',('&./1-(-.,&0(&#+*,(&7(5(%8& C'#+&'#6%1"%-(&/("%*(&0%"&'7',+&/.,&7%&;1*(,"%#(3&("#(7'-1-3&#',(&()*(&0(&.&)(")%@%-%*'*(&0(.)(@%*+3&/'&7%&
C%"*,:1"&'#*&0%/%"3&$.*+,4*&#1&,(?1-+3&-'&*.'*(&/%(61%*.',(-(3&.51-&'&7+#1*&1"&'#*&0(&;'*%5+3&0(&/%#%18& ;("(*,'*3&7-1%01-&)+1&7%%"0&;1)&/%.-("*&!"&/%@,'6%(8&[%@,'6%%-(&"(.@%2"1%*(&'-(&7-1%01-1%&#(,(@,'-&/.,&
o,151)(6('&);%,%*1'-+&2%&#$%',&*,1;(')#+&'&7.)*&*(,7(-%*+&2%&#.,1;*+&;,%"&".,.%1-&;-+#(,%%8&C',3&!"&/%%*.,3& '#6%."'&-'&,4"01-&-.,&')1;,'&#.,*(L1-1%&2%&'&#(-1-(-.,&"(,/.')(8&R5;,()%."'*(&;1*(,"%#3&#(-1-(-(&"(,/.')(&
.5("%,('&#1".)#+*.',(&'&-(?%-.,&!"#+&"(#1".)#1*(3&)(&/'&,%0%#'&-'&"%/(-1-&7,151)(6%%&-(?%-.,&0%/%"(8 7%%"0&;1)(&!"&/%@,'6%(&#1&.&;1*(,(&"(.@%2"1%*+3&)(&/'&;,.01#(&!"&(-(&.&;(,*1,@',(&71"#6%."'-+3&#',(&/'&
!"&7%"(3&!"&5.5("*1-&#4"0&(-(5("*1-&)(L1'-&5')#1-%"3&);(,5'*.F.%01-3&;+,+)(2*(&.,?'"1-&?("(,'*.,3& )74,2%3 & !" & *%5; & 5'% & ;,(-1"?%*3 & #1 & 1" & 0(F(#$%-%@,1 & 5%"*'-8 & H15 & )%)*(51- & #(,(@,.);%"'- & ()*(&
()*(&!"#."=1,'*&0(&.&'1,(.-+&7-1%0%#+3&!"&#',(&)1"*&7%L'*(&*.'*(&;',*%#1-',%*+6%-(&7%F%#(&2%&*.'*(&0(7(#*(-(& #.5'"0'"*1-&.,?'"%)51-1%3&0(&-'&(-&;-(#4"0&*.'*(&.,0%"(-(&;,%"&#',(&)1"*&0%,%='*(&71"#6%%-(&.,?'"(-.,&
*,1;(2*%&'-(&;+,%"*(-1%&(5%6+*.,8&U'5'&(5%*(&#(-1-'&)(L1'-+&7(5%"%"+3&"15%*+&./1-3&#',(&')(5("('& %"*(,"(3&)(&!"6(-(?(&#+&2%& '#()*(&.,?'"(&/.,&71"#6%."'&0(F.,0."'*8&I)*7(-3& .51-&/'Z&'/('&5%2#+,%&
);(,5'*.F.%01-1%&',(&.&F."+&7-1%0%#+3&!"&#',(&)1"*&%5;,%5'*(&*.'*(&;',*%#1-',%*+6%-(&*,1;1-1%&'#()*(%& "(#..,0."'*(3 & !2% & /' & ;%(,0( & .,%("*',(' & !" & );'6%13Z & 0(,(?-4"01:%:)( & #%,#1-'6%' & )'"?1%"+3 & )(#,(6%%-(&
7(5(%8 & C%" & 1"%,(' & #(-., & 0.1+ & (-(5(5*( & )(L1'-( & )( & /' & "'2*( & .1-3 & #',( & /' & ;1,*' & !" & )%"( & *.'*(& $.,5."'-(3&(L#,(6%'&(*#8&9(&)#1,*3&.&0(F.,0%"(&?("(,'-+3&0(&;(&1,5'&#+,(%'&/'&)17(,%&);%,%*1-3&;.)().,1-&
;',*%#1-',%*+6%-(&*,1;1-1%&#(-.,&0.%&?("(,'*.,%8 '#()*1%&*,1;&0(F',5."%F'*8
G'&;-'"*(&2%&'"%5'-(3&'#*1-&1"%,%%3&7.,5',('&.1-1%3&(/.-16%'&(5@,%."1-1%&2%3&!"&7%"'-3&"'2*(,('&)( H1".)#4"0&'#()*(&-(?%3&);%,%*1-&#.@.,4*&-'&,(!"*,1;',(&#'1*+&)+&"1&7'#+&"%#%&1"&,+1&5'5(%&)'-(&:&
7'#&)1@&%"7-1("*(&#.)5%#(&0(*(,5%"'*(3&,('-%F'*(&)1@&%5;(,%1-&1".,&-(?%&7%L(8&J15'%&.51-&)(&'@'*( 0%"&'#()*&5.5("*&'#(')*+&7(5(%(&!%&()*(&5'5+&:&7(,%"01:)(&)+:%&!"#."=.',(&#';1-&#1&;(,%);%,%*1-&)+18&
0(&-'&'#()*(&-(?%3&;,%"&-%@(,1-&)+1&',@%*,18&C',&*.*12%3&#1&*.'*+&%?".,'"6'&.51-1%&7'6+&0(&-(?%-(&5.,'-( P,1"#$%1-&0(&#."&7-1%0%#&)(&'7-+&1"(.,%&5'%&';,.';(&0(&*,1;1-&5'5(%3&'-*(.,%&5'%&0(;+,*'*3&!"&71"#6%(&
2%&7'*+&0(&(L(5;-(-(&0%"&"'*1,+3&;(&#',(&C.5"1-&%&-(&;1"(&!"'%"*(3&'#*1-&;,.#,(+,%%&*,(@1%(&)+&'%@+ 0(&/4,)*'&5'5(%3&#1-.',('&;%(-%%3&'&;+,1-1%&2%&.#$%-.,8&C'#+&5'5'&()*(&*4"+,+3&);%,%*1-&!"#(,#1%*.,&)*+&
5'%&0(;',*(&0(&('3&/%*'-%*'*('&#.,;1-1%&(%&7%F%#&7%%"0&0()*1-&0(&,%0%#'*+8&N,'6%(&/%*'-%*+6%% &;1*(,"%#(3&
-.#&-'&*%5;1-&)+13&;("*,1&#'&2%&'#*1-&"'2*(,%%&)+&)(&;(*,('#+&)1@&;,%/%,('&1".,&'"15%*(&#.")*(-'6%%&2% );%,%*1- & !"#(,#1%*.,3 & #'"0%0'* & -' & !"*,1;',(3 & *,(@1%( & )+ & )( & 6%"+ & -' & . & 0%)*'"6+ & 5'% & 5',(3 & ;("*,1 & #'&
%"7-1("*'&1"(%&'"15%*(&;-'"(*(8 8&&3 %"7-1("6'&;(,%);%,%*1-1%&)+1&)+&"1&7%(&,()%56%*+&;,('&;1*(,"%#&0(Z&5'5'&)'8&H4"03&0%"&"('*("6%(3&)(&
I#*1-&"'2*(,%%&-'&.53&5'%&0,'5'*%#&0(#4*&-'&'"%5'-(3&!"&?("(,'-&()*(&!").6%*&0(&5',%&01,(,%8&R" !"*45;-+&'#()*&-1#,13&5'5'&',(&01,(,%&0(&#';&2%&.&"(,/.F%*'*(&"(.@%2"1%*+8&C'#+&5'5'&()*(&5'%&!"&
'#(-(&5.5("*(&7(5(%'&5'5+&,("1"6+&;("*,1&,()*1-&F%-(-.,&(%&-'&.,%#(&1"%,(&*,1;(')#+8&C',&F%-(-(&*,(# /4,)*+3&);%,]1-&!"#."=1,+*.,&)(&';,.;%(&5'%&51-*&0(&('3&;("*,1&'&.&%"7-1("6'&#(/'&5'%&;1*(,"%#3&*,1;1-&
2%&1%*',('&'2*(,"4"01:)(&=%()*(&'#(')*+&01,(,(3&1"%,('&',(&-.#&0%"&".13&;.*,%/%*&#1&#(('&#(&'&.,4"01%* (%&"(%5;,()%."4"01:)(&#'&#(-&0(&<_:Vq&'"%8
C%/%"%*'*('&;(&;+54"*8&!"*,:'0(/+,&()*(&0(&!"6(-()&;-+#(,('&1"%,%%&*,1;1-1%&#(-.,&0.%&!"0,+?.)*%6%8&R" K(& 2*%(& #+ & ;(,).'"(-( &#1& .#$%%& "(?,% & (5%* &2%& ;,%5()#& 5'% & ;1*(,"%# & 7-1%0(-(& (-(#*,%#(8 &a#$%%& )1"*&
;(,%);%,%*1- & -., & )( & ;,.01#( & .& 0()#+,#',( & (-(#*,%#+ & : & ;.F%*%/+ & 0( & -' & 1"1- & 2%& "(?'*%/+ & 0( & -' & '-*1- & : )1;';(-(&*,1;1-1%3&;,%"&#',(&);%,%*1-&(5%*(&/'-1,%&0(&1"0(&(-(#*,.5'?"(*%#(3&7(,5(#4"0&)'1&'0.,5%"0&
,+);4"0%*+&,(#%;,.#&!"&;(,%);%,%*(-(&-.,8&!"&'#()*&5.5("*3&);%,%*1-&-.,&)%5*(&.&)("F'6%(&0(&7(,%#%,(3&;( 1"&.5&.,%&1"&'"%5'-8&C'#+&7(5(%'&'-(')+&)+&7%(&5'5+&/'&'/('&.#$%%&"(?,%3&);%,%*1-&).)%*&-'&!"*,1;',(&
#',(&.51-&"(#1".)#+*.,&'-&*'%"(-.,&-15%%&"(/+F1*(&.&'*,%@1%(&*,1;1-1%&)+18&I*4*&0(&5',(&()*(&'#(')*+ /'&#+1*'&)+&;+)*,(F(&.&0%)*'"6+&5'%&5',(&0(&*,1;1-&(%3&0(#4*&!"&#'F1-&#4"0&#1-.',('&.#$%-.,&%%&()*(&
7(,%#%,(3&!"#4*&('&!"*1"(#+&'5%"*%,('&5',%-.,&01,(,%&'-(&"'2*(,%%8&K1@&%5@.-01-&'#()*(%&;-+#(,%3&'#*1- 0()#$%)+3 & ;("*,1 & #' & "1 & #15/' & ;( & #'-(' & .#$%-., & ,'F(-( & )'],7-1%0%#( & )+ & %"7-1("6(F( & ;,(' & ;1*(,"%#&
)(&,(;(*+3&;("*,1&'&'/('&-.#&".%&F+5%)-%,%&0(&*,1;1,%3&!"&#',(&)+:2%&?+)(')#+&#1-#12&1"&);%,%*3&;("*,1 ;(,%);%,%*1-&5'5(%&)'-(8&I#(-('2%&#.")%0(,("*(&-(&',(&!"&/(0(,(&);%,%*1-3&#4"0&5'"%'&)'&/'&7%&@,1"(*+8&
.&".1+&/%'*+&*(,()*,+8 8&&&B H4"0&"(&;%(;*+"+53&)(&'10&;4,4%*1,%&2%&7%,(-(&0(&;+,&)(&F@4,-()#3&,();%"?4"01:)(&1"(-(&;(&'-*(-(8&9,%"&
SL%)*+&#'F1,%&#4"0&!"&0()*%"1-&1".,&.'5("%&'&7.)*&)#,%)&)+&"1&'%@+&#.;%%3&;("*,1&#'3&%"*,:.&/%'6'& ;%(;*+"',(&)(&;,.01#(&.&7,(#',(&!"*,(&;+,&2%&;%(;*("(8&C%"&'#(')*+&7,(#',(&)(&"'2*(&(-(#*,%#%*'*(&0%7(,%*+&
;,(#(0("*+3&*'*+-&'&'/1*&.&#."01%*+&,(;1-)%/+&7'6+&0(&#.;%%3&@,1*'-%F4"01:%&;4"+&'&)*%")&.,%#(&%1@%,(&0%"& !"&;+,&0(&#('&0%"&;%(;*("(3&?("(,4"0&71-?(,(&5%#,.)#.;%#(3&1,5'*(&0(&5%#%&*1"(*(3&;(,#(;1*( &)1@&
%"%5'&-.,3&.,%&;("*,1&#+&!"&'-*+&/%'6+&7(5(%'&"1&%:'&/,1*3&#+1*4"0&5(,(1&)+&)#';(&0(&(%3&%5(0%'*&#(&'& 7.,5+&0(&;4,4%*1,%8&K:'&.@)(,/'*&!")+&#+&;+,1-&"(?,1&0(F/.-*+&5'%&51-*+&(-(#*,%#%*'*(&0(#4*&#(-&@-."08&
#.")*'*'*&#+&/'&0(/("%&5'5+8&!"&'#()*(&#'F1,%3&#(%&0.%&).6%&)(&/.,&1"%&7%F%#(2*(3&0',&"1&/.,&'/('& 9,%"&1,5'*(3&);%,%G1-:7%1&/'&)*'&5'%&0(;'%*(&0(&%1@%*'&)'&5'5+&@,1"(*+3&;("*,1&'&"1:%&;,.01#(&"%#%=.&
1,5'2%3&;("*,1&#+&0,(;*'2%%&-.,&:&/(?$%"0&#'&0()*%"1-&-.,&)+&0(,1-(F(&#4*&5'%&7%0(-&;-'"1-1%&!"*.#5%*& ?,(1*'*(8
)1)&2%&'##(;*'*&0(&(%&#4"0&(,'1&);%,%*(&-%@(,(&!"&);'6%1&:&-(&"(1*,'-%F('F+&7-1%0(-(&#(-1-(-.,&?("(,'*.',(8& R"&?("(,'-3&#('&5'%&5%#+&';,.;%(,(&0%"*,(&7%1&2%&5'5+&()*(&0(&#46%/'&#("*%5(*,%3&%',&#('&5'%&5',(&"1&
T,5',('&()*(&#+&(-(5("*(-(&-.,&)(L1'-(3&-%;)%*(&0(&7-1%0(-(&#.,();1"F+*.',(3&"1&)(&/.,&'*,'?(3&"1&)(& *,(#(&;()*(&1"&5(*,1&0(&-'&)1;,'7'6'&*,1;1-1%&5'5(%8&K;%,%*1-&!"#."=1,+*.,&"1&)(&/'&'-%;%&"%#%.0'*+&
/.,&;1*('&1"%&;("*,1&'&0'&"'2*(,(&1"1%&.13&51,%"0&!"'%"*('&71F%."+,%%&-.,8&R'*+&;("*,1&#(&)(&F%#(&!"& #.5;-(*&0(&*,1;1-&5'5(%&)'-(3&;("*,1&#+&!"&'#()*&#'F&/%@,'6%%-(&-1%3&7%%"0&;,('&';,.;%'*(3&%F@()#&#1&
;.;.,A&BJ1&-(:'&0'*&C15"(F(1&#.;%%E8&G(?('&0%/%"+3&;,%"&,(;,(F("*'"6%%&2%&)-1=%*.,%%&P'*+-1%3&"1&-(& ;1*(,(&!"&*,1;1-&2%&;(,%);%,%*1-&5'5(%3&#'1F4"01:%&;,(=10%#%%8&a&?,(2('-+&7+#1*+&0%"&"(#1".'2*(,(&)'1&
'#.,0+&'#(')*+&@1#1,%(3&#$%',&0'#+&!"&'#(')*+&/%'6+&',&0.,%&0%"&*.*&)17-(*1-&)+&'10+&2%&(%&);1"4"01:$:)(& "('*("6%(&;.'*(&'/('&,(F1-*'*(&0(F')*,1.')(3&0(&#',(&);%,%*1-&,+54"(&,+);1"F+*.,&!"&7'6'&C%/%"%*+6%%8&
#1/4"*1-&5'?%#A&B5'5+E&)'1&B*'*+E8&P.*1-&)(&;-+*(2*(3&5'%&#1,4"0&)'1&5'%&*4,F%18&C,(;*'*('&P'*+-1%& C',&!"&0(7%"%*%/&#',(&()*(&5.*%/1-&;("*,1&#',(&);%,%*1-&".1&/("%*&-'&/%'6'&*,1;(')#+&"1&)*+&0(.;',*(3&#%&
()*(&/(2"%#+&2%&)(&';-%#+&7+,+&#,16',(8 !"#."=.',+&*,1;1-&5'5(%&)'-(D&SL;-%#'6%'&()*(&1,5+*.',('8&[%%*.',('&5'5+3&!"&/(0(,('&'#()*(%&)7%"*(&
K;%,%*1-&#'"0%0'*&-'&,(!"*,1;',(3&!").6%*&0(&?$%01-&)+13&)(&';,.;%(&0(&/%%*.,%%&)+%&;+,%"6%&2%&)*'&5& 5%)%1"%3&*,(@1%(&)+&'%@+&;,(?+*%*(&'"15%*(&#."0%6%%&7%F%#.:.,?'"%#(&2%&)17-(*(2*%8&I#()*(&#."0%6%%&-(&
;,('=5'&-.,8&K.)%"0&F%1'&1"%,%%&-.,&7%F%#(3&.&7.,6+&'&);'6%%-.,&-1#,('F+&')1;,'&#(-.,&0.%&?("(,'*.,%3& ')%?1,+&);%,%*1-&#.@.,4*&-'&,(!"*,1;',(8
!"/+-1%"01:% & #1 & '"15%*( & 7-1%0(3 & ;("*,1 & ':% & 0%);1"( & -' & 1"%,( & *,1;(')#+Q & %', & @%(*1- & .5 & )( & )1;1"(& a&0'*+&#(&);%,%*1-:7%1&!2%&!"7+2.',+&5'5'3&!"#(;(&)+&*,%5%*+&,'F(&7-1%0%#(&#+*,(&*,1;1-&(%8&I#()*(&
')(5("('&1"(%&5',%."(*(8&S-&#,(0(&#+&()*(&/.%"6'&)'3&;-+#(,('&)'3&)+&)(&B%1@(')#+E&#1&;',*("(,'&-1%8& ,'F(&.&;+*,1"03&2%&-1#,4"0&')1;,'&;(,%);%,%*1-1%&2%&'&1".,&.,?'"(3&;,.01#&)#$%5@+,%&'"'*.5%#(&2%&
C'3&'#(')*+&1"%,(&()*(&-'&7(-&#'&'-*+0'*+3&0',&;(&#4"0&',1"#%&(,'&.&)%5;-+&5'"%7()*',(&'"%5'-%#+&:5'%& 7%F%.-.?%#(8&I)*7(- &?-'"0(-(& 5'5',(& !"#(; & )+ & )( &0(F/.-*(& !"& /(0(,(' & 5',(-1% & )#.; & : & ;,.01#(,('&
=.')+&#$%',3&7+,+&)+&7%&'/1*&/,(.&1,5',(&:&0(&0'*'&'#(')*'&.51-&)(&)1;1"(&1"(%&7.,6(&#',(&!-&!"0('5"+3& )(#,(6%(%&-'#*%#(8&a,?'"(-(&?("(,'*.',(&)(&#."?()*%."('F+3&*,(#&;,%"&'"15%*(&5.0%7%#+,%3&;,(?+*%"0&
!"&/(0(,('&1"1%&'#*&0%/%"3&;("*,1&1"&)#.;&#(&%"*,+&!"&;-'"1,%-(&H,('*.,1-1%8&H(%&0.%&).6%&):'1&1"%*3& #."0%6%%-(&;("*,1&;+)*,',('&(5@,%."1-1%& 2%& #,(2*(,('&7(*1)1-1%8& K(& ;,.01#&.&)(,%(&0(& *,'")7.,5+,%&
#,(F4"01:)(&)%"?1,%3&2%&#1&*.'*(&'#()*('&2')(&5',*.,%&'1&7.)*&0(&7'6+A&0,(;*'21-&*'*+-1%3&0,(;*'21-&).6%(%3& %"*(,"(3&/%F%@%-(&1"(.,%&2%&-'&(L*(,%.,&:&157-',('&@1F(-.,&2%&;%#%.',(-.,3&;+*',('&;%(-%%&(*#8&C',&!"&'7',+&
);%,%*1-&#',(&)(&/'&!"*,1;'3&?$%F%%&#(-.,&0.%&).6%3&;,(#15&2%&7',(8(&!"*,14+*2,9&C(&!"0'*+&#(&):'&7.,5'*& 0(&;,(?+*%,%-(&;,./.#'*(&0(&);%,%*1-:7%13&5'5'&()*(&#1;,%")+&0(&)("*%5("*(&2%&0%);.F%6%%&)17-(*(2*%3&#1&
.1-3&);%,%*1-&#'"0%0'*&-'&!"*,1;',(&!2%&!"#."=.',+&5'5'&#1&.&@'"0+&(*(,%#+&2%&)(&;1"(&!"&-(?+*1,+&#1& *.*1-&0%7(,%*(&0(&)*+,%-(&(%&'"*(,%.',(8&I#()*(&)("*%5("*(&2%&0%);.F%6%%&.&0(*(,5%"+&)+&;,%5(')#+&#1&
.1-8&C(&'#15&!"#(;(&5',('&.;(,+&"(#1".)#1*+&0(&2*%%"6'&5'*(,%'-%)*+8 ;-+#(,(&/()*('&).)%,%%&1"(%&7%%"6(&-'&/%'6'&;+54"*(')#+3&):.&'##(;*(3&):.&%1@(')#+&2%&#,(')#+&!"&%0(%&>%&
[.%&0()#,%(&;(&)#1,*&;,%"#%;'-(-(&7'F(&'-(&7.,5+,%%&#.;%-1-1%&!"&;4"*(#(-(&5'5(%&2%&"'2*(,('&-1%8 )*+,%&)17-(*(2*%&0(5"(&0(&.&5'5+&0()+/4,2%*+3&)+&":.&,();%"?+3&)+&"1&#'1*(&)+&)#';(&0(&('8
U_\ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&C,%7'&#',*( H(!"*,14',(
U_T
'

C'#+&7(5(%'&',&2*%&#(&5%)%1"(&)1@-%5+&!"0(;-%"(2*(&!"&-15('&".')*,+&*,1;(')#+3&":',&5'%&#+1*'&)+& R"7%"%*3&-(&!"0,(';*+&#+*,(&5'5+3&#',(&-'&,4"01-&(%&-(&#."#("*,('F+&);,(&;4"*(#(-(&(%3&);,(&#.;%-1-&!"&R
'@0%#(&0(&-'&'#()*&5+,(6&,.-&!"&5(#'"%)51-&/%(6%%&0(&;,(*1*%"0("%8&['%&0(&)17-(*1-&7(5(%%&#',(&/'&
,();%"?(&1"&);%,%*&#+,1%'&!"&H(,&%:'&;,.5%)&#+&!%&/'&7%&5'5+3&0',&#'&.5&*,1;()#&!-&?."(2*(3&0();+,6%"01:)(&
0(&(-8&I5',"%#&)(&/'&#+%&!"&);'6%1&2%&%&)(&/'&;-+*%&2%&(%&#1&'#(('2%&(-%5%"',(3&0(2%&/'&',0(&0(&0.,%"6'&
/%(6%%&*,1;(2*%3&;("*,1&'/'")',(3&;("*,1&*(,5%"',('&'#()*(%&2#.-%&;-'"(*',(8
C(2%&);%,%*1-&!"#."=1,+*.,3&);%,%*1-:7%1&)(&6%"(&-'&.&0%)*'"6+&.',(#',(&0(&7(5(%':5'5+3&*.*12%&(-&%'&
#."*'#*&#1&*,1;1-&(%&!"&*,(%&,(?%1"%A
<8;,%"*,:1"&7%,&7-1%0%#&)(&-('?+&0(&5+01/'&(%3&0(&'2':F%)1-&".0&/%*'-3&,('-%F4"0&1"&#."*'#*&%"*%5&#1&
;(,%);%,%*1-&5'5(%Q
V8;,%"&.5@%-%#&)(&-('?+&0(&@'F%"1-&!"&#',(&)(&/'&7.,5'&#+)16'&-1%&#',"'-+Q
X8)(&-('?+&0(&#("*,1-&'7-'*&!"&;',*('&%"7(,%.',+&'&-',%"?(-1%3&!"&)#.,@1,'&1"0(&)(&1"()#&#-'/%#1-(-(&
#1&)*(,"1-&2%&1"0(&;'-;%*+&)17-(*1-3&;("*,1&#+&'%#%&)(&;,.01#(&1"&7(-&0(&%");%,'6%(&2%&(L;%,'6%(&
7-1%0%#+3&1"&).,@&0(&7-1%0(&);'6%'-(&2%&.&(-%5%"',(&0(&7-1%0(&1F'*(8
C1;+&#153&;()*(&".1+&-1"%3&5'5'&/'&6%"(&#.;%-1-&)+1&0,'?&!"&@,'6(&2%&!-&/'&'#.;(,%&#1&0,'?.)*('&
.#$%-.,&)+%3&*.*&')*7(-&);%,%*1-:7%13&!"&#(-(&".1+&-1"%&0(&F%-(&#4*&/'&6%"(&?()*'6%'&".%%&7%%"6(&15'"(3&.&
!5@,+6%2('F+&;(&0%"'7',+3&#1&*.'*+&0,'?.)*('&-1%8&H(&5%"1"(&;("*,1&".%3&.'5("%%M&H(&7(".5("&"'*1,'-&
;("*,1&-15('&);'6%'-+M&9,%/(2*%&-'&7(5(%'&!")+,#%"'*+&2%&"1&/(F%&"%5%#&!"&=1,1-&(%Q&('&)(&5%2#+3&)(&
!5@,'#+&2%&)(&0(F@,'#+&2%&"1&)%5*(&;,(F("6'&"%#%&1"(%&5'*(,%%8&P,(#(&;,%"*,(&.'5("%3&;(&-4"?+&.@%(#*(&
2%&"1&)%5*(&"%#%&.&"(;-+#(,(8&H1&*.'*(&'#()*('3&01$1-&()*(&;,(F("*3&#'&.&#('6+&%"/%F%@%-+&!"&=1,1-
;4"*(#(-1%&(%8
U',%&)1"*&7';*(-(&*'-(3&.51-(3&0',&.;(,'&);%,%*1-1%&(&5'%&5',(A&#.")*,1%,('&".1-1%&(0%7%#%1&*,1;()#&
;("*,1&/%%*.',('&)'&/%'6+&*(,()*,+8&I#(')*'&()*(&5',('&)'&-1#,',(8&K;%,%*1-&()*(&',$%*(#*1-&;,.;,%1-1%&)+1&
*,1;3&#+#%&'2'&#15&!2%&['&'2*(,"(3&'2'&/'&B0.,5%E&!"&$'%"'&)'&#',"'-+8&a,&;("*,1&!5;-%"%,('&'#()*(%&
.;(,(&(-&',(&"(/.%(&0(Z&7-1%0(&);'6%'-(3&;(&#',(&-(&',(&-'&0%);.F%6%(&0%"&.#('"1-&7-1%0%#&!"#."=1,+*.,8
!"&'7',+&0(&'#()*(&7-1%0(&-%@(,(3&);%,%*1-:7%1&',(&"(/.%(&2%&0(&7-1%0(-(&15'"%F'*(&'-(&5'5(%&)'-(8&S-&
%' & #1 & ;,(#'16%(3 & #1 & ,+@0',(3 & ;16%" & #4*( & ;16%"3 & 0%" & 7-1%0(-( & 5'5(%3 & -1#,4"0 & #1 & (-( & ')1;,' & .1-1%3&
0(*(,5%"4"01:<&)+&)(&0%/%0+3&)+&#,(')#+3&)+&%'&*,(;*'*&7.,5'&15'"+3&)+:2%&.,?'"%F(F(&,4"0&;(&,4"0
0%7(,%*(-(&.,?'"(8
I#(')*+&'@).,@6%(&0(&7-1%0(&15'"(&)(&7'#(&".';*('3&0(&-'&5'5+3&#4"0&*,1;1-&(%&0.',5(3&!"&'2'&7(-&
!"#4*&)+&"1&'%@+&,(;(,#1)%1"%&')1;,'&'#()*1%'8&K;%,%*1-&5'5(%3&'7-'*&!"&'7','&*,1;1-1%&)+1&'0.,5%*3&&Q&
.7(,+&#1&0,'?.)*(&7-1%0&0%"&7%%"6'&)'&*,1;(')#+&2%&;(,%);%,%*1'-+3&;("*,1&'&'=1*'&);%,%*1-:7%13&-'&.;(,'
)'&#.")*,1#*.',(8
C',&);%,%*1-:7%1&',(&"(/.%(&2%&0(&7-1%0(-(&*'*+-1%3&;("*,1&#'&-(?+*1,'&%1@%,%%&)+&)(&!5;4"F(')#+&2%&#1&
#(/'&0(&-'&*'*+8&!"&;(,%);%,%*1-&5'5(%&;,(0.5%"+&7-1%01-&(-(#*,%#&"(?'*%/3&-'&*'*+&;,(0.5%"+ &% &7-1%0(-(&
;.F%*%/(8&a;(,(-(&H,('*.,1-1%&)1"*&*.*0('1"'&',5."%F'*(&;,%"&!5;(,(#$(,('&#."*,',%%-.,3&'&;.F%*%/1-1%&
#1&"(?'*%/1-8&K;%,%*1-&).)%*&)+:2%&#.")*,1%')#+&,(2(0%"6'&!"&#',(&/'&)+-+2-1%&'"%&0(&F%-(3&*,(@1%(&)+&'%@+&-'&
0%);.F%6%(&2%&7-1%0&;.F%*%/&2%&7-1%0&"(?'*%/3&;,.#1,'*&0(&-'&'5@%%&;+,%"6%8&9(&#4"0&7-1%0(-(&5'5(%&-(&
'@).',@(&".';*('3&;(&'-(&*'*+-1%&-(&'@).',@(&F%1'8
SL%)*+&#'F1,%&#4"0&);%,%*1-&!"#."=1,+*.,3&);%,%*1-:7%13&'@).',@(&7-1%0(&15'"%F'*(&!"*,:.&#'"*%*'*(&Q&
5'%&5',(&0(&-'&*'*+&0(#4*&0(&-'&5'5+8&!"&'#()*&#'F3&7%F%#1-&#.;%-1-1%&/'&)(5+"'&5'%&51-*&#1&*'*+-&|&0(#4*&
#1&5'5'8&C'#+&5'5'&.7(,+&5'%&51-*&7-1%0&15'"%F'*3&#.;%-1-&/'&)(5+"'&5'%&51-*&#1&('8&H4"0&
;,.;.,6%%-(&71,"%F'*(&0(&#(%&0.%&;+,%"6%&)1"*&';,.L%5'*%/&(?'-(3&*,1;1-&#.;%-1-1%&/'&'/('&#','#*(,(&7%F%#(&
#.51"(&#(-.,&0.%&;+,%"6%8&C',&(L%)*+&#'F1,%&#4"0&1"&#.;%-&"1&)('5+"+&"%#%&#1&*'*'3&"%#%&#1&D&5'5'3&#%&
#1&1"'&0%"&,10(-(&';,.;%'*(&:&/+,3&1"#$%&(*#8&!"&'#()*&#'F&);%,%*1-:7%1&'&'@).,@%*&5'%&51-*(&7-1%0(&0(&-'&
'#('&,10+&'&;+,%"6%-.,&)+%3&;(,).'"+&0(&#',(&(&-(?'*+&;,%"*,:.&(L%)*("6+&#.51"+&2%&0,+?+)*.')+&0%"*,:.&
/%'6+&'"*(,%.',+8
R'*+&!"6(-()1-&,('-&'-&5',%%&*'%"(&'&(,(0%*+6%%8&H4*&):'&0%)#1*'*3&#4*&):'&)#,%)&0();,(&'#(')*+&;,.@-(5+&%
%5;.,*'"*+&2%&#4*(&%;.*(F(&2%&;,()1;1"(,%&"1&):'1&(-'@.,'*3&;("*,1&(L;-%#',('&'#()*1%&7(".5("&);%,%*1'-3&=
?("(,'-&!"&/%'6'&7%F%#+&5%"(,'-+3&/(?(*'-+3&'"%5'-+&2%&15'"+8&9.,"%"0&0(&-'&0'*(&7%F%#(3&"1&)(&;.'*(&=
'=1"?(&-'&.&#."#-1F%(&,('-+&!"&(L;-%#',('&1"1%&7(".5("&#1&,+0+#%"%&'04"#%&!"&-15('&);%,%*1'-+8&H1&=:
*.'*(&#+&(7(#*1-&7(".5("1-1%&(,(0%*+6%%&()*(&/%F%@%-&!"&;-'"1-&7%F%#3&#'1F(-(&!2%&'1&,+0+#%"%-(&!"&5'*(,%'&~
%"/%F%@%-+&'&);'6%%-.,&J15'%&#4"0&)'/'"*1-&/'&#1".'2*(&7%F%#'&2%&#$%5%'&7-1%0(-.,&-15%-.,&);'6%'-(3&~
#4"0&/'&0()#.;(,%&5'*(,%%-(&5(*'7%F%#(3&("(,?%%-(&#',(&-(&'"%5+&2%&-(?%-(&#',(&-(&?1/(,"('F+3&/'&?+)%&8
).-16%' & *1*1,., & 7(".5("(-., & !"#+ & "(0()#%7,'*(8

7
H(('&#(&()*(&%"*(,()'"*&2%&)1@-%53&!"&'#(-'2%&*%5;3&(&7';*1-&#+&F%1'&);%,%*1-:7%1&!2%&!"#."=.',+&M&
5'5'3&%',&".';*('3&5'5'&;+,+)%"01:2%&*,1;1-3&/%"(&2%&!2%&!"#."=.',+&);%,%*1-:7%1Q&')*7(-3&0(&-'&.&m&
/,(5(3&)(&,('-%F('F+&.&!"#."=1,',(&,(#%;,.#+&!"&=1,1-&*,1;1-1%&5'*(,"8&!"6(-()1-&*'%"%#&'-&'#()*.,&
!5@,+6%2+,%&7-1%0%#(&'-*(,"'"*(&()*(&1,5+*.,1-8&W%1'3&);%,%*1-:7%1&;,%5%"0&'"15%*(&7-1%0(&/("%*(&0%"&QÉ&
7.,5',(8& J.';*('3&);%,%*1-&5'5(%&'@).',@(&0%"&);'6%1&'"15%*(&7-1%0(3&;(&#',(& -(&,(/',)+&')1;,'&
;(,%);%,%*1-1%&);%,%*1-1%:7%18&K;%,%*1-:7%1&#4*&2%&);%,%*1-:5'5+&#."*,%@1%(&')*7(-&-'&.&.;(,+&#.51"+8&
P.'*(&'#()*(&'#6%1"%&)(&#."#("*,('F+&')1;,'&;,1"#1-1%3&#',(&;,%"&$,+"%,('&#."*%"1+&#1&0%7(,%*(&7-1%0(&
2%&#1&)1@)*'"6(-(&')%5%-'*(&0%"&)4"?(-(&5'5(%3&)(&0(F/.-*+&7.',*(&,';%08
!"&*%5;1,%-(&)*+/(#$%3&*'%"(-(&"'*1,%%&(,'1&@%"(&#1".)#1*(Z8&[%%*.',('&5'5+&'/('&?,%=+&)+:2%&'2(F(&
;'*1-&!"&0%,(#6%'&()*:/()*3&2%&'"15(&#1&;%#%.',(-(&-'&,+)+,%*&2%&#1&#';1-&-'&';1)3&'2'&01;+&#15&'&,+5')&
.@%#(%&0(&'&)(&'2(F'&5.,*1-&#1&7'6'&-'&,+)+,%*8&K#.;1-&1,5+,%*&(,'&1,5+*.,1-8&K(&2*%(&#+&7',(8(&#1,("*&
#2)7%#/&01;+&#(&'&!"#."=1,'*&K.',(-(3&/%"(&)+&!"#."=.',(&2%&;-'"(*'&".')*,+8&C%,(#6%'&'#()*1%&#1,("*&
()*(&-'&!"#(;1*&0(&-'&,+)+,%*&-'&';1)3&0',&0(&-'&.&/,(5(&)(&,%0%#+&;(&1"1-&0%"&5(,%0%'"(&);,(&".,08&S)*(&
@%"(&#'&*,1;1-&7(5(%%&!")+,#%"'*(&)+&7%(&'2(F'*&;(&'L'&#1,("*1-1%&#.)5%#3&')*7(-&#'&'#()*'&)+&%"*,(&;,%"&
;%#%.',(-(&)'-(3&)+&)*,+@'*+&*,1;1-&2%&)+&%')+&;,%"&#,(2*(*1-&#';1-1%3&'0%#+&!"&'#(-'2%&)(")&!"&#',(&)(&
,(*,'?(&);%,%*1-&0%"&*,1;3&-'&5.',*('&'#()*1%'8
H1 & #4*+ & )7%"6("%( & 54"#'3 & @('3 & 0.,5(' & 2% & *,+%' & 5'5' & ;( & '#(-( & /,(51,%M & C1;+ & #( & ;'*1- & (,'&
0%,(#6%."'*&!"&7(-1-&0()#,%)&5'%&)1)3&).5"1-&(%&*,(@1%'&)+&'%@+&-.#&%5(0%'*&01;+&';1)1-&).',(-1%3&'0%#+&
0%"&5.5("*1-&!"&#',(&)(&!"*1"(#'&2%&;4"+&#4"0&!"#(;('&)+&)(&-15%"(F(&0(&F%1+3&0',&"(?,(2%*&!"'%"*(&
0(&,+)+,%*1-&).',(-1%8&J.';*('3&;(,%);%,%*1-&(%&)(&!"#+,#'&#1&7-1%0(&);'6%'-(&#.)5%#(3&%',&F%1'&'#151-'&
7-1%0(&).-',(&2%&*(,()*,(8
H1&#4*+&0,'?.)*(&2%&,();(#*&!2%&;,%/('&).61-&;(,(#$('&%1@%*+3&'7-'*+&!"&'#(')*+&)%*1'6%(&".@%-+&2%&
%5;.,*'"*+8&a&!"?,%=%,(&0(.)(@%*+&!%&'#.,0'&;,%"&/.,@(3&7';*(&2%&'*%*10%"(3&)#1*%"0:.&0(&.,%#(&(5.6%(&
/%.-("*+&)'1&)1;+,',(3&2%&$,+"%"0:.&#1&'-%5("*(&#.")%)*("*(&2%&!"&#'"*%*+6%&5%#%8&K.61-&)(&)(;','&0(&
).6%(3&;("*,1&'& "1&!5;%(0%#'3& ;,%"&';,.;%(,('&-1%3&0()7+21,',('&7(".5("(-.,&.#1-*(&0(& #',(& '/('&
#1".2*%"6+3&7+,+&)+&#1".')#+&'5+"1"6%*&5(#'"%)51-&-.,8&a,%#(&#."*'#*&7%F%#&(,'&%"*(,F%)&!"&*%5;1-&
)',#%"%%&).6%(%3&;("*,1&'&"1&;,.01#(&);')5(&%"*(,"(3&#',(&',&7%&#.5;,%5'*&;1%1-&15'"3&!"&7.,5',(&!"&
;4"*(#(-(&5'5(%3&%',&;(&0(&'-*+&;',*(3&);')51-&(,.*%#&*,%5%*(&7-1%0(&0(&.,0%"&%"7(,%.,&#+*,(&#.;%-3&
#."*,%@1%"0&-'&"(7(,%#%,('&7%F%#+&2%&%"*(-(#*1'-+&'&/%%*.,1-1%&.58&H4*&0(&!"6(-(?+*.,%&(,'1&.'5("%%&!"&
'#(-(&/,(51,%3&)17-(*1-&-.,&7,(5+*4"0&-'&/%@,'6%%-(&/("%*(&0%"&);'6%13&0(2%&*,+%'1&!"*,:.&(;.#+&-%;)%*+&0(&
*($"%#'&#%/%-%F'6%(%&0(&'F%M
I5&);1)&#+&);%,%*1-:7%1&'@).',@(&7-1%0(&0(&-'&;+,%"6%3&;(&#',(&#."#("*,4"01:-(&;4"+&-'&.&#/')%:
5'*(,%'-%F',(3&!2%&7+1,(2*(&*,1;1-3&7(*1)1-&0%"&;4"*(#(-(&5'5(%8&9(&#4"0&'@).,@%,('&0(&7-1%0(&5'*(,"(&
)(&7'#(&12.,3&);%,%*1-:7%1&7%%"0&!"&;,('=5'&5'5(%3&'@).,@%,('&0(&-'&*'*+&()*(&5'%&0%7%#%-+3&;("*,1&#+&(-&
"1&()*(&5(,(1&;,(F("*8&I@).,@%,('&7-1%0(-.,&;'*(,"(&)(&7'#(&7+,+e2*%,('&*'*+-1%3&#'&.53&!"0(;-%"%"01:
)(&-'&.,%#(&0%)*'"6+&):',&?+)%&*'*+-&0(&).6%(&2%&0(&/%%*.,1-&)+1&7%18&!"*,:'0(/+,3&*'*+-&F%1'&)(&01#(&-'&
@%,.13&-'&#'7("('3&-'&#-1@3&=1#4"0&.&;',*%0+&0(&#+,6%3&.,%&(&;-(#'*&0(;',*(3&;,%"&'-*(&6+,%3&#1&5%)%1"%&)'1&
'7'#(,%8&a,%1"0(&):',&'7-'3&-'&.,%#(&0%)*'"6+&!"&=1,1-&;+54"*1-1%3&);%,%*1-:7%13&'=1*'*&0(&7,'6%e&);'6%'-%3&
'@).',@(&7-1%0&0%"&#.,;1-&7-1%0%#&'-&*'*+-1%&)+18
!"&'#(')*+&;,%/%"6+3&%"*(,/%"(&.&;,.@-(5+&7.',*(&?,('&;("*,1&@%(*1-&);%,%*:7%1A&7(-1-&#15&!2%&01#&
/%'6'&;+,%"6%%&)+%3&!"&;(,%.'0'&#4"0&).6%'&()*(&!")+,#%"'*+3&)(&#(,(&#'&'5@%%&;+,%"6%&)+&*,+%')#+&01;+&.&
'"15%*+&#."01%*+8&I)*7(-&5'5'&)(&/'&)%-%&)+&"1&)(&)1;(,(3&)+:2%&%5;1"+&1"&#'-5&0(;-%"3&;("*,1&#+&
)1;+,',('&(%&/'&;,.01#(&71,*1"%3&;(,*1,@+,%&!"&;(,%);%,%*1-&(%3&!5;%(0%#4"0&);%,%*1-&!"*,1;+*.,&!"&.;(,'&
-1%&#.")*,1#*%/+Q&;(&0(&'-*+&;',*(3&5'*(,%'&71,*1".)&;,.#1,'*+&0(&5'5+&/'&0+1"'&-'&'-#+*1%,('&;(,7(#*+&
'&*,1;1-1%&5%#16(%&7+;*1,%8&K(&5'%&#(,(&#'&5'5'&)+&"1&.@.)(')#+3&;("*,1&#+&.&'#*%/%*'*(&#.,;.,'-+&
;,(-1"?%*+&!%&)-+@(2*(&*,1;1-3&'/4"0&,(;(,#1)%1"%&')1;,'&;(,%);%,%*1-1%&)+1&2%&0(#%&')1;,'&#.;%-1-1%&0%"&
;4"*(#(-(&(%8&I2'0',&)(&#(,(&.0%$"+3&0',&7+,+&'&)(&#+0('&!"&-%5%*'&.;1)+3&2(0(,('&;,(-1"?%*+&7%%"0&-'&
7(-&0(&0+1"+*.',(8&!"*,(&.&'#*%/%*'*(&!"#.,0'*+&2%&.&2(0(,(&01)+&;4"+&-'&*,4"0+/%(&(&0(&;,(7(,'*&#('&
0%"*4%8&!")+&#'-('&0(&5%=-.#&()*(&#('&5'%&7'/.,'@%-+8&U1"#+3&5%2#',(&:&0',&"1&;4"+&-'&.@.)('-+3&;4"+&
-'&)-(%,('&*,1;1-1%8&K(&5'%&#(,(&#'&)%561,%-(3&!"&);(#%'-&/+F1-&2%&'1F1-&)+&7%(&;-+#1*&%5;,()%."'*(&;(&*.*&
*%5;1-&)',#%"%%8&J'*1,'3&;,%"&;(%)'=(-(&(%&!"#4"*+*.',(&:&51"*(3&;+01,(3&-%*.,'-&:&.7(,+&%5'?%"%&#',(&
;,%"&.#$%%&2%&;(,%);%,%*1-&5'5(%&;("(*,('F+&#.;%-1-3&#."*,%@1%"0&7.',*(&51-*&-'&'-#+*1%,('&;(,7(#*+&2%&
',5."%.')+&'&*,1;1-1%&)+18&[.,@(-(&@-'=%"(&2%&7,15.')(3&/%@,'6%%-(&',5."%.')(3&51F%#'&5(-.0%.')+3&
'1&0(8&')(5("('&1"&(#.1&;1*(,"%#&!"&7%%"6'&;-+;4"0+&0%"&)4"1-&5'5(%8
H."*,%@16%'&*'*+-1%3&;,%"&7-1%0(-(&)'-(3&-'&'-#+*1%,('&*,1;1-1%&#.;%-1-1%&)+13&()*(&-'&7(-&0(&%5;.,*'"*+&
#
'&2%&#('&'&5'5(%8&[%'6'&#15%"*(3&#'-5+&2%&,(F."'@%-+3&'&*'*+-1%&/'&'/('&1,5+,%&7(,%#%*(&;("*,1&/%%*.,1-&
)+1&#.;%-8&K.61-&*,(@1%(&)+&(/%*(&".;6%-(&;%(,01*(&-'&@',&)'1&-'&5')'&/(,0(&'&=.#1,%-.,&0( &".,.#Q&(-&
*,(@1%( & )+ & ,();(#*( & .,(-( & 0( & ).5"3 & )+ & "1 & *,'")7.,5( & ".';*(' & !" & F%3 & #+#% & -%;)' & 0( & ).5" & '01#(&
)-+@%#%1"('&;(,%);%,%*1-1%&)+13&#',(&2*%5&#+&!2%&;,%5("(2*(&7-1%0(-(&1F'*(&".';*('3&#4"0&*,1;1-&)+1&
0.',5(8 &I-%5("*'6%' & *'*+-1% & *,(@1%( &)+ &7%(3&!" &*.*&*%5;1- &)',#%"%% &).6%(% & )'-(3& #'-#1-'*+3 &)%5;-+ & 2%&
12.',+8&p+1*1,%-(&'-#..-%#(3&*1*1"1-3&#'7('1&2%&#."0%5("*(-(&/.,&'#151-'&.&'"15%*+&/',%(*'*(&0(&
7-1%0(&!"&;(,%);%,%*1-&)+13&%',&'#()*'&/'&(5%*(&1"0(&/%@,'*.,%%&"(0.,%*(8&C(&')(5("('3&'?%*'6%%-(&)'-(& gR&
0.5("%1-&;.-%*%#%%&)'1&'-&'7'#(,%-.,3&-./()#&"(/%"./'*'&7%%"6+&;(&#'-(&0(&7.,5',(3&#."*,%@1%"0&-'
UU_ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&C,%7'&#',*( H(!"*,14',(
UUU
'

"(7(,%#%,('&)'8&K(&#'0(&#'&*'*+-&)+&7%(&#."2*%("*&#+&/%@,'6%%-(&2%&7-1%0(-(&;(&#',(&-(&,+);4"0(2*(&!"&=1,1-& T"&);%,%*&%"7(,%.,3&#1&*.'*(&#+&/,('3&"1&;.'*(&)+:2%&'-#+*1%')#+&1"&*,1;&)(")%@%-3&#',(&)+:%&,(0('&
)+1&*,(@1%(&)+&7%(&',5."%.')(&2%&@("(7%#(&*,1;1-1%&15'"3&(-(&,(7-(#*4"01:)(&!"&'-#+*1%,('&(5@,%."1-1%8 7%0(-&/.%"6'&2%&?4"0%,('8&T"&01$&)1;(,%.,&0(6%"(&*.'*+&#1".2*%"6'&0(&':2%&7+1,%&1"&*,1;&'05%,'@%-3&#',(&
R'*+&5',('&5%)%1"(&'&;+,%"6%-.,&!"&;,.#()1-&,(!"*,1;+,%%&1"1%&);%,%*3&).)%*&!"&5%=-.#1-&-.,&!"&#'-%*'*(& )+&5'"%7()*(&#.,(#*&)("*%5("*(-(&2%&?4"01,%-(&)'-(8&P,1;1-&)+1&)1@*%-&2%&)(")%@%-&/'&;1*('&!",(?%)*,'&2%&
0(&#.;%-3&'/4"0&.&5',(&,();.")'@%-%*'*(&7'6+&0(&-(?%-(&0%/%"(8&H1&5+)1,'&#1&#',(&'%&5+)1,'*3&6%&)(&/'& .&;',*(&0%"&%"7-1("6(-(&-15%-.,&(*(,%#(8
5+)1,'&-'&*%5;1-&!"*,1;+,%%&*'-(8&o(,%#(&0(&5'5'&#',(&;1"(&*.'*+&?,%='&)+&;,(;',(&#'-('&/%%*.,1-1%& K;%,%*1-:7%1&'&).)%*&0%"&;,%51-&5.5("*&'-&;,.01#(,%%&#(-1-(%:.18&S-&!2%&!"#."=.',+&5'5'3&;("*,1&'&
#.;%-M & o(,%#( & 0( & *'*+- & #',( & ;1"( & *.'*+ & '*("6%' & )+ & "1 & )( & 7'#+ & /%"./'*3 & ;,%" & #."01%*' & )'3 & 0( & /,(.& .&;,(?+*%&2%&;("*,1&'&!5;,151*'&5'*(,%(&7-1%0%#+&0(&-'&('8&C',&!"&'7',+&0(&'#(')*+&;,('-'@%-+&.;(,+&:&
)-+@%#%1"(&)'1&5'-7.,5'6%(&'&/%%*.,1-1%&#.;%-M #$%',&0%"&;,%5'&)(#1"0+&'&).)%,%%&)'-(&:&);%,%*1-&)(&;1"(&!"&-(?+*1,+&;,%"*,:1"&7%,&7-1%0%#&#1&#(-1-':.1&
J.1+&-1"%&0(&F%-(&);%,%*1-:7%1&'&-1#,'*&#1&'*("6%(&2%&0,'?.)*(&')1;,'&5'5(%&2%&')1;,'&*,1;1-1%&0%"& 0%"&;4"*(#(-(&5'5(%8&G'&#';+*1-&)+13&'#()*&7%,&!"7+2.',+&.1-&0(&=1,:!5;,(=1,3&2%&;(&5+)1,+&#(&.1-&
;4"*(#(-( & (%8 & C', & ' & ).)%* & 5.5("*1- & "'2*(,%%3 & );%,%*1-:7%1 & !"0(;+,*4"01:)( & #4* & 5'% & 51-* & 0( & *,1;1-& #,(2*(&2%&)(&0%/%0(&0(/("%"0&.&5')+&#(-1-',+3&7%,1-&)(&!"?,.'2+&5(,(1&0(/("%"0&1"&#.,0."&7-1%0%#&;,%"&
5'5(%&)'-(&:&;4"+&-'&*,(%&5(*,%8&H4"0&5%#1-&*,1;&'&;.,"%*&);,(&-15%"'&F%-(%3&);,(&/%'6'&*(,()*,+3& #',(&)(&)*'@%-(2*(&1"&,';.,*&0%"&#(&!"&#(&5'%&#.5;-(L&!"*,(&);%,%*1-&#',(&1,5('F+&)+&)(&!"*,1;(F(&2%&
;(,%);%,%*1- & );%,%*1-1%:7%1 & )( & 0();',*( & !" & 0.1+ & =15+*+6%8 & R5(0%'* & #( & ' & %(2%* & #.;%-1-3 & );%,%*1-:7%1 & !-& 7(*1)1-&0%"&;4"*(#(-(&5'5(%8&9,%"&'#()*&#.,0."&7-1%0%#3&);%,%*1-&!"#."=1,+*.,&*,%5%*(&5(,(1&7-1%0(&
!"#."=.',+3&%',&#(-(&0.1+&=15+*+6%&'-(&;(,%);%,%*1-1%&)(&,(1"()#&!"&=1,1-&)+18&J.1+&-1"%&0(&F%-(&01$1-& (5@,%."1-1%3&;,./.#4"0&0%/%F+,%&#(-1-',(3&'"15%*(&0%,(#6%%&0(&#,(2*(,(&2%&#'-%*+6%&0(&#(-1-(3&'#.,04"0&
2%:'&!"#."=1,'*&2%&!"7+21,'*&5'5'Q&0(&'#153&'"%&0(&F%-(&5'5'&/'&!5@,+6%2'&*,1;1-&#.;%-1-1%&(%3&'"%5'*& .&'*("6%(&0(.)(@%*+&#(-1-(-.,&#',(&/.,&7.,5'&)%)*(51-&#(,(@,.);%"'-8
0(&01$1-&7+,+&0(&#',(&',&,+54"(&%"(,*3&#'&.&@1#'*+&0(&#',"(&'*4,"'*+&!"&#1%1-&1"1%&5+#(-',8 H'-%*'*('3&,(F%)*("6'&2%&0%5(")%1"('&7%F%#+&'&/%%*.,1-1%&#.;%-&0(;%"0&0(&5'*(,%'&*,%5%)+&0%"&(L*(,%.,&
[(#$('&!"6(-(;#%1"(&:&.@6%"1*+&!"&/('#1,%&;,%"&,(/(-'6%(&2%&)*'@%-%*+&;,%"&.@)(,/'6%%&:&,(#.5'"0+& 0(&);%,%*1-:7%18&I#()*(&7.,6(3&'#()*(&7-1%0(&"1&)1"*&*,%5%)(&#+*,(&%"*(,%.,&-'&/.%'&!"*45;-+,%%3&#%&01;+&1"&
;,(F("6'&1"1%&"15+,&5%#&0(&;(,).'"(&!"&#'5(,'&0(&"'2*(,(8&9,%/%,%-(3&?4"01,%-(&2%&)("*%5("*(-(&#(-.,& ;-'"&;,()*'@%-%*3&#."7.,5&$.*+,4,%%&-1'*(&!"&7'6'&x1,%1-1%&)1;,(53&0(#%&;.*,%/%*&#1&0()*%"1-&);%,%*1-1%&
;,(F("6%&;,.01#&/'-1,%&0(&7-1%0(&5'?"(*%#(3&(-(#*,%#(&2%&);%,%*1'-(3&#',(&'1&#.")(#%"6(&')1;,'&*,1;1-1%& /("%* & -' & /%'6' & *(,()*,+8 &I2'0',3 & *.'*+ & 0(F/.-*',(' & (5@,%."1-1% & 0%" & ;4"*(#(-( & 5'5(% & )( & 7'#( & )1@&
)(")%@%-&'-&#.;%-1-1%3&')1;,'&5'5(%&2%&);%,%*1-1%:7%1&#',(&;4"0(2*(&5.5("*1-&0(&':2%&-1'&!"&)*+;4"%,(& #..,0."',('&2%&'#6%1"('&;1*(,"%#+&'&);%,%*1-1%&0%"&'7',+8
*,1;1-3&#')'&0(&-1*3&!"&#',(&/'&/%(61%&;(&'#()*&;+54"*8&U.'2'&2%&1"&'=1*.,&:&0.1+&)1"*&)17%#%("*(3&7+,+& C',&-'&.;(,'&0(&#.")*,1#6%(&'&*,1;1-1%3&!"&#',(&/'&)+-+2-1%&'"%&0(&F%-(&);%,%*1-:7%13&#."*,%@1%(&2%&
)+&15@-(&7.,7.*'3&7+,+&'?%*'6%(3&#%&*.*1-&)+&7%(&.,4"01%*&0%"&/,(5(&2%&*.'*(&'2(F'*(&0(&;',*('&#';1-1%& '-*(&7.,6(3&%"*(,/%"&2%&'-*(&%"7-1("6(3&;(&#',(&-(&/.%&0()#,%(&!"&#(-(&#(&1,5('F+8
5'5(%3 &'0%#+&);,( &';1)8& J1& (&@%"(& )+ &)(&15@-(& ;(&-'&;',*('&.;1)+3&);,( &,+)+,%*3&'0%#+& !"&=1,1-& C%"&#(-(&(L;1)(&;4"+&'#153&#.")*'*+5&#+&;,1"#1-&:&'0.,'*&2%&)*,4")&#1&0,'?&0(&5'5+&-'&;%(;*1-&
;%#%.',(-.,&-+1F(%3&;("*,1&#+&()*(&;(,*1,@'*&#1,("*18&5%0%"/&/("%*&0%");,(&,+)+,%*3&#',(&'#153&5'%&51-*& (%&:&'&7.)*&.;(,'&'&*,(%&("*%*+6%A&*'*'3&5'5'&2%&7%1-3&%',&#(-(&*,(%&1,)%*.',(3&0(&#',(&/.,@()#&-(?("0(-(&
#'&.,%#4"03&',(&.&%"7-1("6+&$.*+,4*.',(&')1;,'&;,1"#1-1%&#(&/%"(&#1&1"&)*,%?+*3&#1&.&;,%5+&,();%,'6%(&-'& ;.;1-',(3&)1"*&#(%&*,(%&#1,("6%&:&0%/%"3&).-',&2%&*(,()*,1&:&/("%6%&)+&!5@,'#(&/($%#.-(-(&".1-1%:"+)#1*8&
/%'6'&*,1;(')#+&'&;+54"*1-1%8 C1;+&7(-1-&#15&'1&-1#,'*&'#(2*%&7'#*.,%3&#.;%-1-&/'&'/('&1"&*,1;&7,15.)3&".,5'-&)'1&$%0.)3&/'&'/('&.&
U'5'&7%%"0&'2(F'*+&#1&#';1-&);,(&';1)3&;,%5(2*(&#1,("*1-&#.)5%#&0(&-'&;%#%.',(8&!"&5.5("*1-& %"*(-%?("6+&/%(&)'1&,(01)+3&/'&7%&)(")%@%-&)'1&?,.).-'"8
%(2%,%% & -' & /%'6' & *(,()*,+3 & #.;%-1- & ;,%5(2*( &#1,("*18 & 5%0%" &0( & -' & #'; & );,( & ;%#%.',(3 & ')(5("(' & 1"(%& W%-(-(&)e(&/.,&!"2%,'3&%',&5'5'&!-&/'&!"?,%=%&2%&$,+"%3&.7(,%"01:%&5'*(,%(&*(,()*,+3&;("*,1&#'&-1*1-&)+&
@%"(#1/4"*+,%&'&P'*+-1%&#(,()#3&')(5("('&1"1%&;,%5&)+,1*&!"&".1'&)'&#',%(,+8 #,(')#+8&!"&'#(('2%&5+)1,+&!"&#',(&*,1;1-&)(&5+,(2*(3&;(,%);%,%*1-3&#.,;1-&7-1%0%#&(L*(,"&)(&5+,(2*(&!"&
I#()*&1,%'2&#1,("*&0%/%"&'&;.,"%*&0(&-'&P'*+-3&)*,+@'*(&#.)5.)1-3&!"/(-(2*(&1"%/(,)1,%-(3&!"#."=.',+& /.-153&'@).,@%"0&5(,(1&0%"&);'6%1&5'*(,%(&7-1%0%#+&%0("*%#+8&I#(')*+&'@).,@6%(&)(&7'#(&?,'6%(&1"(%&
,4"0&;(& ,4"0&?'-'L%%-(3&)%)*(5(-(&).-',(3&'=1"?(&-'& 7%(#',(&;-'"(*+3&!"/+-1%(&2%&!"*,(6%"(&#1&/%'6+3& ;1-)'6%%3&'&1"(%&5%2#+,%&0(&';,.;%(,(&2%&0(;+,*',(&'&;(,%);%,%*1-1%&0(&*,1;1-&)+13&1"&7(-&0(&7-1L&2%&
5%2#',(&2%&/%@,'6%(&*.*&#(&)(&'7-+&;(&#.,;1,%-(&#(,(2*%3&;("*,1&'&)(&!"*.',#(&-'&P'*+-8 ,(7-1L3&')(5+"+*.,&,();%,'6%(%8&!"*,:'0(/+,3&#4"0&#.;%-1-&%");%,+3&;(,%);%,%*1-&)(&';,.;%(&0(&*,1;1-&;(&
C%"&).',(-(&".)*,13&0%"&#("*,1-&)%)*(51-1%&".)*,1&;-'"(*',3&).)(2*(&1"&'-&0.%-('&#1,("*&:&#1,("*18& #',(:< & !"#."=.',+3 & *,%5%64"0 & 1" & /'- & 0( & 7-1%0 & !" & %"*(,%.,1- & )+18 & !" & 5.5("*1- & (L;%,'6%(% & #.;%-1-1%3&
)28',9 &I#()*'&',(&.&%"7-1("6+&);(#%'-+&')1;,'&/%(6%%&2%&'&(/.-16%(%8&!"&7%"(3&*,(#4"0&;,%"&'*5.)7(,'& ;(,%);%,%*1-&)(&0(;+,*('F+&0(&*,1;3&'@).,@%"0&0%"&);'6%1&7-1%01-&"(#()',&-1%&2%&*,1;1-1%&)+18
7-1%0%#+&0%"&=1,1-&;+54"*1-1%3&#(%&0.%&#1,("6%&%'1&0%"&);'6%13&0%"&F."'&1"0(&'&)+-+2-1%*&);%,%*1-&#',(&)(& 9,%"&'#(')*+&'#6%1"(&#."*%"1+3&);%,%*1-:7%13&!"/+-1%*&0(&;(,%);%,%*1-&)+13&"+/+-(2*(&;16%"&#4*(&;16%"&!"&
!"*,1;('F+3 & . & #.-.'"+ & 0( & 7-1%0 & #',( & /' & '/(' & %5;,%5'*+ & !" & (' & *.'*( & ?4"01,%-( & 2% & )("*%5("*(-(3& ;,.71"F%5('&*,1;1-1%&)+18&9,.#()1-&'#()*'&)(&!"7+;*1%(2*(&*%5;&0(&2';*(&'"%3&#4"03&!"&7%"(3&);%,%*1-:7%1&'&
#$%"*()("6'&*1*1,.,&'#6%1"%-.,&'#()*1%&);%,%*&!"&"()74,2%*'&)'&#',%(,+&15'"+8&I#()*&#1,("*&7-1%0%#3&'-& ;+*,1")&#.5;-(*&!"&*,1;8&C%"&'#()*&5.5("*3&);%,%*1-&:&0%"&(L*(,%.,&#.;%-1-1%&6&'&0(/("%*&%"*(,%.,8&C'#+&
;,.;,%(%&()("6(&(/.-1*%/(&'&7%(#+,(%&("*%*+6%&);%,%*1'-(3&!-&/.5&"15%&#1,("*18&*(,()*,19 ;4"+&'#153&#$%',&!"&*%5;1-&F%-(%3&5'%&'/('&,';.,*&#1&-15('&)'&);'6%'-+3&0(&'#15&);%,%*1-&"1&5'%&/(0(&
I2'0',3&!"&5.5("*1-&"'2*(,%%&#.;%-1-1%3&("*%*'*('&);%,%*1'-+&;,%5(2*(&*,(%&%"7-1("6(&:&#(%&*,(%&5'?%& !"&'7','&*(5"%6(%&)'-(&#',"'-(&0(#4*&-15('&7%F%#+&!"#."=1,+*.',(3&;,%"&7(,()*,(-(&#(-.,&#%"#%&)%561,%8&
0(&-'&,+)+,%*&:&7%%"0&)#+-0'*&0(&1"&#1,("*&#',(&#."6%"(&*,(%&7(-1,%&0(&7-1%0(A&5%0%"(/&)28',(&2%&*(,()*,(9& C',&;("*,1&#+&'#(')*+&%F.-',(&0(&-15('&#(,(')#+&;(&*.*&,()*1-&/%(6%%&;+54"*(2*%&',&7% &%")1;.,*'@%-+3&
9,%"&!"*,1;',(3&7%(#',(&("*%*'*(&);%,%*1'-+&;,%5(2*(&*,(%&7.,6(3&.7(,%"01:%&.&'"15%*+&*+,%(3&#1&#',(&/'& 0%/%"1-&H,('*.,&'&.,4"01%*&#'&".';*('&);%,%*1-&)+&%')+&0%"&*(5"%6'&)'&2%&)+&,(%'&#."*'#*1- &#1&-15('&
-1#,'&0(&'#15&!"#.-.&')1;,'&*,1;1-1%&)+13&')1;,'&#')(%&)'-(8 %"/%F%@%-+ & ' & );'6%%-.,3 & ;("*,1 & ' & )( & 7.,*%7%#' & 2% & )*,4"?( & ;1*(,% & )+ & )1;.,*( & !"*1"(,%#1- & 2% & )17(,%"6'&
H1,%.')+&#')+3&;("*,1&#+&!"&.,%#(&#')+&.51-&)(&'0+;.)*(2*(&!"&%"*(,%.,1-&(%3&;(&#4"0&'%#%&);%,%*1-& #';*%/%*+6%%&F%-(%&1,5+*.',(8
)*+;4"&)*+&0(.#'50'*+&'7',+3&!"&=1,1-&*,1;1-1%&)+13&-14"0&!"&0(7%"%*%/&*.*&.&7.,5+&15'"+3&0',&#(/'&5'%& J.';*('3&%(2%"0&0%"&*,1;1-&)+13&);%,%*1-&,(#1".'2*(&#+&()*(&1"&);%,%*&#';*%/3&-(?'*&;,%"&#.,0."1-&
5',(8&!"#+&0%"&;,%5'&)(#1"0+&'&%(2%,%%&;,1"#1-1%&0%"&!"*1"(,%#1-&5'*,%#(%&-'&-15%"+3&'#()*&.5&7-1%0%#3& 7-1%0%#&0(&#.,;1-&)+1&7%F%#hK;,(&F%1+&%"*,+&!"&*,1;&2%&"1&5'%&2*%(&"%5%#&0(&-15('&%"/%F%@%-+3&0(&7((,%'&
#(&!"#."=.',+&5%#161-&*,1;3&)(&-('?+&;,%"*,:1"&#.,0."&7-1%0%#&#1&@1-@1-&,'$%0%'"8&a,%#(&);%,%*&()*(& 2%&51F%#'&)1@-%5+&'&);'6%%-.,8
-(?'*&0(&*,1;1-&)+1&;,%"&@1-@&)'1&5%(-("#(7'-3&;1"#*1-&;,%"&#',(&5+01/'&);%"+,%%&)(&-('?+&#1 T"(.,%3 & #(% & 0%" & =1,1- & #.;%-1-1% & 0( & d:\ & '"% & %'1 & #1".2*%"6+ & 0( & ;./()*%,%-( & )'-( & @%F',(8 & K;%,%*1-&
("#(7'-1-8 #.;%-1-1%&7%%"0&(L*(,%.,3&01#(&.',(#15&.&/%'6+&)(5%:);%,%*1'-+3&'/4"0&'5%"*%,%&;(&#',(&-(&#.51"%#+&
a0'*+&0%)*,1)&'#()*&;1"#*&;,%"*,:.&!"6(;+*1,+&0(&'#&)'1&;,%"&);4"F1,',(3&.51-&5.',(&*,+F"%*3& )%)*(51-1%&#(,(@,'-8&C1;+&/4,)*'&0(&2';*(&'"%3&#4"0&);%,%*1-&)(&!"?,.';+&#.5;-(*&!"&-1*3&#.;%-1-&"1&
);%,%*1-&7%%"0&,1;*&0(&*,1;1-&)+18&H')';%%&0(&-'&'@'*.,&-./()#&#1&#16%*1-&!"&'#()*&;1"#*&@%'*'&/%*+3&#',(& 5'%&',(&'#(')*+&#-',/(0(,(8
0%"*,:.&)%"?1,+&-./%*1,+&)(&;,+@12(2*(&-'&;+54"*8
K;%,%*1-&/'&-1#,'&')1;,'&!"*,(?1-1%&)+1&*,1;3&0',&5'%&'-()&')1;,'&)%)*(51-1%&#(,(@,.);%"'-3&-1#,',(&
(L(#1*'*+& #."7.,5&0()*%"1-1%&)+18&I7-'*&!"&7'6'&1"1%&0()*%"&5'%&*,%)*3&);%,%*1-&-1#,('F+& #1&01,(,(&
')1;,'&("#(7'-1-1%&)+13&7+#4"0&0%"&(-&1"&%")*,15("*&,10%5("*',3&1"&;%'"&0(F'#.,0'*3&;,%"&#',(&"1&)(& I5&',+*'*&#+&);%,%*1-&()*(&')%)*'*&0(&1"&7,'*(&5'%&@+*,4"&!"&(/.-16%(8&S)*(&?$%01-&)+13&7+,+&"%#%&1"&
;.'*(&5'"%7()*'3&0(2%&#1".'2*(&51-*(8&I2'0',3&);%,%*1-&-1#,('F+&-'&;,.;,%'&)'&"(7(,%#%,(3&#'&.5&;(& ,.-&!"&.;(,'&#.")*,1%,%%&*,1;1-1%&;1;%-1-1%&)+18&C',&.&0'*+&#1&(%&'&/("%*&0%"&!"+-6%5('&H(,1,%-.,3&0%"&
;+54"*Q&(&*,%)*&2%&01,(,.)3&0',&'2'&(&0()*%"1-&2%&);%,%*1-&"1&)(&;.'*(&'@'*(3&;("*,1&#+&()*(&')%)*'*&0(&.& )7(,(-( & )1;(,%.',( & 7-1%0%#( & '-( & ;+54"*1-1%3 & 1" & 5',( & );%,%*3 & 1" & 5',( & )'/'"*3 & "15%* &7()'-(,18 &
("*%*'*(&);%,%*1'-+&5'%&;1*(,"%#+3&0();,(&#',(&/.5&/.,@%&!"0'*+8 !"*,14+*2,9 &S- & ' & #.@.,4* & ;("*,1 & ' & ;,(F%0' & 2% & #."*,%@1% & ;,%" & 2*%%"6' & )'3 & ;,%" & ;./(6(-( & )'-( & 2% & ;,%"&
H$%',&0'#+&);%,%*1-:7%1&"1&/,('&)+&7'#+&#(('&#(&'&=1,'*&)1)&!"&H(,&:&'0%#+&)+:2%&7+1,(')#+&1"&*,1;& #..,0."',('&7-1%0(-.,3&-'&!"*,1;',('&5'%&51-*.,e);%,%*(&!"#,(0%"6'*(&-1%8&U()'?(,1-&!"*,1;+*.,&)*+&-'&
#."7.,5&0()*%"1-1%&)+1&:&.&/'&7'#(&#1,("*1-&*(,()*,18&I#(')*+&#.-.'"+&7-1%0%#+&'01#(&*.'*+&7.,6'3& 0%)*'"6+&2%&0(&'#.-.&#."01#(&!"*,('?'&'#*%/%*'*(8&!%&!"/'6+3&!%&!"0('5"+&)'1&#.,%=('F+&;(&#(%&#',(&!"#(;&
#$%"*()("6'&(/.-16%(%&)'-(&0%"&/%(6%-(&'"*(,%.',(&2%&"1&/'&!"?+01%&);%,%*1-1%&)+&#.")*,1%')#+&'-*#(/'& '#6%1"('&0(&!"#."=1,',(&'&*,1;1-1%&7(5(%%:5'5+&2%&5'%&*4,F%1&'&#.;%-1-1%8&H."01#(3&/.,@(2*(&:&;,%"&
0(#4*&#(('&#(&#.,();1"0(&?,'01-1%&)+1&(/.-1*%/8 ?,'%1-&?4"0%,%%&:&.,0."4"0&#(-.,&#',(&%:'1&7.)*&!"#,(0%"6'6%8
UUV >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&C,%7'&#',*( H(!"*,14',(' UUW

C',&!"&'7',+&0(&!"/+6+*1,'&0'*+&1#("%#%-.,&)+%3&5()'?(,1-&!"*,1;+*.,&'01"+&'"15%*(&7-1%0(&0%"& X8.&7.,5+&;("*,1&("*%*+6%-(&);%,%*1'-(&#1&.&5%)%1"(&5.,'-:);%,%*1'-+8
);'6%1&2%&-(&!"0,(';*+&#+*,(&);%,%*(-(&-'&'&#+,.,&,(!"*,1;',(&')%)*+8&9,%"&1,5',(3&!"&'7',+&0(&'#6%1"('&
;,.;,%(&'&);%,%*1-1%&!"#."=1,+*.,3&'&);%,%*1-1%:7%13&2%&5'%&;,()1)&0(&('3&)(&'0'1?+&'#6%1"('&;1*(,"%#+&'&
5()'?(,1-1%&!"*,1;+*.,8
U()'?(,1-&!"*,1;+*.,& !"0,(';*+& #+*,(&7%(#',(&);%,%*:7%1&1"&7-1%0&0(&#'-%*'*(&0%7(,%*+3&;("*,1&#+&
0()*%"(-(&-.,&)1"*&0%7(,%*(8&9,%"&!"'-*(-(&)'-(&#1".2*%"6(3&;,%"&5',('&)'&;1*(,(&);%,%*1'-+3&5()'?(,1-&
!"*,1;+*.,&6%"(&)1@&#."*,.-1-&)+1&(L(#1*',('&;1"#*&#1&;1"#*&'&0()*%"1-1%&7%(#+,1%&);%,%*8&C(&=1)*'&
';-%#',( & ' & .,0%"(-., & 5()'?(,1-1% & !"*,1;+*., & ()*( & ,+);1"F+*., & );%,%*1-:0,(;*'23 & #',( & 7%%"0 & ;,(F("*3&
#."*,.-('F+&*.'*+&)(,%'&7(".5("(-.,&2%&;,(7'#(,%-.,&0%"&*,1;1-&5'5(%3&#4*&2%&0%"&(5@,%."1-&'7-'*&!"&
;4"*(#(-(&(%8
I#6%1"(' & );%,%*1-1%:7%1 & ')1;,' & 5'5(% & )'-( & 2% & ' & /%%*.,1-1% & )+1 & *,1; & ',( & #.(7%#%("*1- & F(#(3 & %',&
'#6%1"('&5()'?(,1-1%&!"*,1;+*.,&',(&#.(7%#%("*1-&".1+&F(#%8&9,%"&1,5',(3&'#6%1"('&0(&,(!"*,1;',(&()*(&
7+#1*+&0(&5()'?(,1-&!"*,1;+*.,&!"*,:1"&;,.#("*&0(&".1+&F(#%&-'&)1*+8
I#(')*'&()*(&,(?1-'&?("(,'-+8&SL%)*+&)%*1'6%%&#4"0&);%,%*1-&#(&)(&/'&,(!"*,1;'&()*(&.&5',(&-15%"+&'&
);'6%%-.,3 & /("%"0& #'& 5%)%."', &;,%"*,(& 7,'6%% &)+% &*,1;(2*%3& ;("*,1& ':%& ,%0%#' & 2%& ;,.01#(& .& )#$%5@',(&
5.,'-:);%,%*1'-+&;,%"*,(&(%8&!"&'#()*&#'F&);%,%*1-:7%1&()*(&'*4*&0(&;1*(,"%#3&#1".)#+*.,&2%&#."2*%("*&0(&
5%)%1"('&)'3&!"#4*&;,(?+*(2*(&(-&!")12%&;,(7'#(,%-(&5'5(%&2%&-1#,('F+&-'&'-#+*1%,('&/%%*.,1-1%&)+1&*,1;8
9( & -4"?+ & '#6%1"(' & 5()'?(,1-1% & !"*,1;+*., & ')1;,' & 0%5(")%1"%%3 & 7.,5(% & 2% & )*,1#*1,%% & .,?'"(-.,&
5%#161-1%&*,1;3&,.-1-&)+1&0(&#+;(*("%(&()*(&0(&'&0(*(,5%"'&)(L1-&7(*1)1-1%&:&5')#1-%"&)'1&7(5%"%"3&
!"/+-1%*+&!"*,:1"&5%)*(,3&'#(')*+&'#6%1"(&()*(&(L(,#%*'*+&#$%',&0%"&;,%5(-(&5.5("*(&'-(&#.")*,1%,%%&
7(*1)1-1%8
K(&2*%(&#+&("*%*+6%-(&);%,%*1'-(&":'1&)(L3&#+&)1"*&%0("*%#(&)1@&'#()*&,';.,*3&!"*,(&(-(&0%7(,%"0&0.',&
;.*("6%'-1-&(-(#*,%#3&%'&1"(-(&5'%&51-*&;.F%*%/&%',&-'&'-*(-(&5'%&51-*&"(?'*%/8&H1&*.'*(&'#()*('3&#4"0&
#.@.',+&-'&/%'6+&*(,()*,+&!5@,'#+&.&$'%"+&:&#4"0&5')#1-%"+3&#4"0&7(5%"%"+3&!"&71"#6%(&0(&)#.;1-&
1,5+,%*8&I2'0',3&)(L1-&()*(&0(*(,5%"'*&0(&"(#()%*+6%-(&(/.-16%(%&("*%*+6%%&);%,%*1'-(8
T"&);%,%*&#1&.&!"#+,#+*1,+&7-1%0%#+&;,(;."0(,("*&;.F%*%/+&/'&!5@,+#'&!"&#4*(/'&!"*,1;+,%&1"&*,1;&
5')#1-%"3&01;+&#',(&!"*,:1"'&)'1&0.1+&!"*,1;+,%&%'&2%&1"&*,1;&7(5%"%"8&C1;+&'#(('&,(/%"(&-'&7%-%(,'&)'&
0(&!"*,1;+,%&@+,@+*(2*%8&9,%"&1,5',(3&01;+&)(,%%&0(&!"*,1;+,%&@+,@+*(2*%3&)(&%"*(,#'-('F+&#4*(&.&7.,5+&
7(5%"%"+8&K;%,%*(-(&'-&#+,.,&#.,;&()*(&!"#+,#'*&;,(;."0(,("*&#1&7-1%0(&(-(#*,%#(&"(?'*%/(&/.,&7%&7(5(%&
!"&_:s&!"*,1;+,%3&01;+&#',(&/.,&-1'&.&7.,5+&5')#1-%"+8&S-(&,(/%"&-'&)(,%'&0(&!"*,1;+,%&7(5%"%"(3&01;+&
#',(&%'1&0%"&".1&.&7.,5+&5')#1-%"+3&2%&'2'&5'%&0(;',*(8
H%"(/'&',&;1*('&!"*,(@'A&BC',&#%"(&0(*(,5%"+3&!"&0()*%"1-&.51-1%3&)(L1-&2%&#15&0(&)(&5("6%"(&;(&
;+54"*&1"&,';.,*&';,.';(&#.")*'"*&!"*,(&.'5("%%&0(&)(L&5')#1-%"&2%&#(%&0(&)(L&7(5%"%"DE
c+);1")1-&()*(&1,5+*.,1-8&!"&H(,3&#'&2%&;(&;+54"*3&(&.,4"01%*&;,%"#%;%1-&0%/%F%1"%%&51"#%%8&I5&
',+*'*&#+&-15('&);'6%%-.,3&'&'*5.)7(,(%&7-1%0%#(&'&;+54"*1-1%3&()*(&!5;+,6%*+&!"&0.1+A&-15('&.'5("%-.,&
2% & -15(' & !"?(,%-.,8Za'5("%% & )1"* & (-(/%3 & 7'# & 2#.'-+Q & !"?(,%% & )1"* & ;,.7().,%%3 & #',( & ;,(0'1 & -(#6%% & 2%&
?1/(,"('F+3&;,(?+*%"0&(/.-16%'&'&*.*&#(&)(&'7-+&;(&;+54"*&:&5%"(,'-3&/(?(*'-3&'"%5'-&2%&15'"8
G15(' &!"?(,%-.,3 & ' &#(-., & #',( & #."01# &(/.-16%' & ?-.@1-1% & ".)*,1 & #1& *.* & #( & )( & '7-+ & ;( &(-3 & ()*( & M
!5;+,6%*+&!"&?,1;(3&,'"?1,%&2%&71"#6%%&0(.)(@%*(8&T"'&0%"&"15(,.')(-(&71"#6%%&'-(&'#()*.,&)*,+-1#%*.',(&=
);%,%*(Z&()*(&5("6%"(,('&.,0%"%%3&'&(#$%-%@,1-1%&0%"*,(&)(L(&;(&)1;,'7'6'&;+54"*1-1%3&7%(&-'&'"%5'-(3&7%(&=
-' & .58 & T,5+,%"0 & '#(')*+ & .,4"01%,(3 & (-( & #'1*+ & #' & !"*,1;+,%-( & )+ & )( & 7'#+ & ')*7(- & #' & 1" & )(L & )+ & "1 & |
0(;+2(')#+&;,('&51-*&;(&#(-+-'-*8 8&
=
G'&1"&5.5("*&0'*3&!"*,:.&6',+3&;,./%"#%(&)'1&.,'2&;.*&)+&7%(&5'%&51-6%&@+,@'6%&0(#4*&7(5(%Q&*.*12%&|&
,';.,*1-&()*(&5("6%"1*&;("*,1Z&#+&!"&'-*+&-.#'-%*'*(3&;,./%"#%(&)'1&6',+3&"15+,1-&7(5(%-.,&()*(&5'%&M&5',(&
0(#4*&'-&@+,@'6%-.,8&S)*(&;.)%@%-&#'&!"&'"15%6%&'"%&:&0(&,(?1-+&01;+&5',%-(&,+F@.'%(3&#4"0&#'0&=&!"&-1;*+&
51-6%&@+,@'6%&2%&,+54"&51-*(&/+01/(&:&;(&*.*&?-.@1-3&)+&7%(&5'%&51-*(&7(5(%&0(#4*&@+,@'6%3&=&0',&,';.,*1-&
)(&,()*'@%-(2*(&%5(0%'*3&"+)#4"01:)(&01;+&,+F@.%&5'%&51-6%&@+%(6%&0(#4*&7(*(8&P.'*+&'#(')*+&.,4"01%,(3&
#."*'@%-%*'*( & #(,(')#+3 & ()*( & 1,5+,%*+ & 2% & 0(*(,5%"'*+ & #1 & 5',( & ?,%=+ & 0( & #(% & #',( & '1 & '#(')*+ & 5%)%1"(&
%5;.,*'"*+8
!"&o.,1-&x10(#+*.,%-.,&)1;,(5%&')%)*+&2%&N1/(,"'*.,1-&)1;,(5&'-&!"*,1;+,%-.,8&S-&;,%5(2*(&0(&-'&
)1@'-*(,"%%&)+%&.,0%"('&"15(,%#+&;("*,1&1"&'"15%*&*%5;3&2%&#4"0&.@)(,/+&#+&):'&0(;+2%*&;,('&51-*&
"15+,1-&1"1%&)(L3&%"*(,/%"(3&5.0%7%#4"0&.,0%"('&!"*,1;+,%-.,3&;4"+&#4"0&)(&/'&,()*'@%-%&(#$%-%@,1-8&
P.*1-&(&.,0."'*3&*.*1-&(&;,(/+F1*&2%&(L(#1*'*&01;+&1"&'"15%*&;-'"8
!"&-15('&);%,%*(-.,&#',(&#."01#&0()*%"(-(&.'5("%-.,&0(&;(&;+54"*3&(L%)*+&.&#'*(?.,%(&0(&("*%*+6%&=
#1&5%)%1"('&0(&'&0(*(,5%"'&7.,5'&*,1;1-1%&1"1%&01$3&#."7.,5&#1&;-'"1-&0()*%"1-1%&'-#+*1%*&0(&x1,%1-&=
)1;,(58 & SL%)*+ & *,(% & 5',% & 5.0(-( & 0( & *,1;1,%3 & !5@,+#'*( & 0( & );%,%* & !" & 71"#6%( & 0( & 0()*%"1- & )+1A & Z
=
<8.&7.,5+&;("*,1&("*%*+6%-(&);%,%*1'-(&0()*%"'*(&1"(%&/%(6%&.@%2"1%*(3&#.51"(Q
=
V8.&7.,5+&;("*,1&01$1,%-(&#(&/.,&#1-*%/'&2*%%"6(-(&2%&',*(-(Q
P,1;1-&7%(#+,1%&.5&()*(&!"#+,#'*&#1&'"15%*(&#'*(?.,%%&0(&7-1%0(3&.,?'"(-(&)'-(&7%%"0&')*7(-&'-#+*1%*(&
!"#4*&)+&#.,();1"0+&1"(%'&0%"&'#()*(&*,(%&5',%&#'*(?.,%%&0(&/%(6%&*(,()*,(8&C',&!"*,(&'#()*(&*,(%&7.,5(&
0()*%"%'-(&)(&?+)()#&.&%"7%"%*'*(&0(&5.0(-(&0(&*,1;1,%3&#.,();1"F4"0&%);+2%,%%&?,(2(-%-.,&0%"&*,(#1*3&
!"0(;-%"%,%%&1".,&'"15%*(&71"#6%%&).#%'-(&.,%&#42*%?+,%%&1".,&';*%*10%"%8
C1;+&);1)(-(&#1".)#+*.,%-.,&'#()*.,&'0(/+,1,%&);'6%'-(3&(L%)*+&)(,%%&#'*'-.?'*(&0(&5.0(-(&7-1%0%#(3&
0+,1%*(&0(&'#(2*%&5',%&0%,%?1%*.,%&0()*%"%'-%Q&5.0(-(&'/1*(&!"&/(0(,(&0(&5()'?(,1-&!"*,1;+*.,3&);%,%*1-&
#',(&)(&/'&!"*,1;'&2%&?$%01-&)+18&J%#%&.&'@'*(,(&"1&()*(&!"?+01%*+3&"('*("6%'&1"1%'&0%"*,(&(%&/'&7%&?,(1&
)'"#6%."'*+3&#+#%&*.*1-&!"&1"%/(,)&*,(@1%(&)+&5(',?+&',5."%.)&2%&01;+&1"&;-'"&;,(#."#(;1*8
9,%" & 1,5',(3 & -' & ,(!"*,1;',(' & 1"1% & 01$ & '1 & #."*,%@1%* & *'*+-3 & 5'5'3 & 01$1- & !")12% & 2% & 5()'?(,1-&
!"*,1;+*.,8&C',&!"&'7','&'#()*.,&;'*,1&7.,6(3&%"*(,/%"&%"7-1("6(&0(&1"&.,0%"&!"0(;+,*'*3&e%5;.,*'"*(&
*.*12%3&;,%"&5',('&-.,&;1*(,(8&S)*(&/.,@'&0(&%"7-1("6'&;-'"(*(-.,&0%"&)%)*(51-&".)*,1&).-',8&!"*,:'0(/+,3&
!"&/.,@%,('&#.51"+&'&;.;.',(-.,&)(&);1"(&0(&1"&.5&7(,%#%*A&BK1@&#(&)*('&@1"+&):'&"+)#1*ME&)'1&0(&1"&
.5&"(".,.#%*A&B['%&0(&)*('1'&-1%ME
[.,@(-(&'#()*('&:&*,'")5%)(&0%"&/('#1,%&"()74,2%*(&;,%"&?,'%&/%1&:&!2%&'1&!"6(-()1-&-.,&*'%"%#8&!"&*.*&
*%5;1-&?()*'6%(%&#.;%-1-1%&!"&;4"*(#(-(&5'5(%3&).)()#&0%"&);'6%%-(&)%0(,'-(&,'F(&7-1%0%#(&0(&-'&)*(-(&2%&
;-'"(*(8&C',&%"7-1("6'&#('&5'%&;1*(,"%#+&/%"(&0(&-'&;-'"(*'&'7-'*+3&!"&5.5("*1-&"'2*(,%%&#.;%-1-1%3&-'&
5(,%0%'"1-&)'1&!"&/(#%"+*'*('&5(,%0%'"1-1%&-.#1-1%&"'2*(,%%&)'-(3&#."*,%@1%"0&!"*,:.&'"15%*+&5+)1,+&-'&
0()*%"1-&.51-1%3&-'&7(-1-&#15&!%&/'&7%&*,1;1-8&C1;+&?,'01-&(/.-1*%/&'-&'#()*(%&;-'"(*(3&01;+&1"0(-(&
/%@,'*.,%%&;.,"%*(&0(&-'&('&2%&).)%*(&;(&;+54"*3&*,1;1-&/%%*.,1-1%&#.;%-&/'&7%A&)+"+*.)3&0(@%-&)'1&@.-"'/Q&
7,15.)&)'1&1,4*Q&/'&'/('&1"&)%)*(5&#(,(@,'-&,(01)&)'1&'05%,'@%-3&2%&'2'&5'%&0(;',*(8
o%(#',(&;-'"(*+&%5;,%5+&!"&#.;%-1-&).)%*&-'&/%'6'&*(,()*,+&.&'"15%*+&#'-%*'*(8&U',*(&;(#(*-1%(2*(
.51-&#1&0%);.F%6%%&,+F@.%"%#(3&7+#4"01:<&$.*+,4*3&0%"*,:.&@1#'*+8&H.;%-1-&;,%/%*&0(&[("1)&/'&'/('&1"
)%)*(5&"(,/.)&)(")%@%-3&1"&*,1;&',5."%.)&2%&;-+#1*3&/'&7%&1"&)("*%5("*'-&#1&!"#-%"'6%%&);,(&7,15.)8
C%"*,(&;+#'*(-(&.51-1%3&#(-(&#';%*'-(&)1"*A&(?.%)51-3&.,?.-%1-3&'/',%6%'3&)("F1'-%*'*('3&5%"#%1"'3
71,*1-3&1#%0(,('8&K+&/(0(5&#4*(/'&(L(5;-(&0(&,(!"*,1;+,%&;,%"&#',(&01$1-&!2%&,(;',+&?,(2(-%-(8
K+&F%#(5&#+&1"&.53&;,%"&0()*%"1-&)+13&!2%&7+1,(2*(&1"&*,1;&/%?1,.)3&#1&1"&');(#*&#(&)*4,"(2*(&
'05%,'6%'&#(-.,&0%"&=1,8&C',&7+#4"01:%:)(&#.5;-%5("*(3&/.,@%"01:%:)(&0(&7,151)(6('&)'3&)(&*,(F(2*(&!"&
)17-(*1-&)+1&%0(('&#+&()*(&0(.)(@%*&7'6+&0(&#(%-'-6%&.'5("%8&S-&)(&/'&'05%,'&!"&.?-%"0+3&.#1;4"01:)(&
;,('&51-*&0(&7%%"6'&)'8&R0(('&#+&',(&1"&7%F%#&0(.)(@%*&)(&7.,*%7%#+&2%&5'%&51-*&!"&'04"#1-&)17-(*1-1%&)+13&
0(/("%"0&54"0,1&0(&)%"(8&K+,5'"&7,'*(&"(2*%1*.,M&S-&#."71"0+&7,151)(6('&/(2"%#+&#1&7,151)(6('&1"(%&
5')(&0(&;+54"*3&;%(,%*.',(&#'&7.,5+8&!"&-.#&)+&7%(&;,(.#1;'*&0(&)*,+-1#%,('&#."6%"1*1-1%3&(-&;,(61%(2*(&
/')1-&(L*(,%.,8
U4"0,%'&(&#."*,'&-(?%-.,&0%/%"(3&;("*,1&#+&('&'-1"(#+&12.,&;(&.&;'"*+&2%&5'%&,';%0+3&#',(:<&01#(&
;(&@%(*1-&)17-(*&!"&'@%)1,%-(&!"*1"(#'*(&'-(&.,?.-%1-1%8&a51-&.,?.-%.)&)(&#,(0(&5'%&;,()1)&0(&*.6%3&;,%"&
7%F%#1-3&%"*(-%?("6'3&0',1-&/.,@%,%%3&;1*(,('&0(&'&)1@=1?'&/.%"6'&.'5("%-.,3&;,%"&'/(,('&)'1&,'"?1-&)+1&
).#%'-8 & a,?.-%1- & ()*( & #(' & 5'% & 5',( & %"=1,%( & '01)+ & %"7%"%*(% & 91*(,% & 2% & !"6(-(;#%1"%% & P'*+-1% & #(,()#8&
I#(')*+&!"#,(0(,(&'&.51-1%&:&1"&/%(,5(3&1"&7%,&0(&;,'73&;%(,01*&!"&%"7%"%*'*('&);'6%%-.,&2%&5%-%',0(-.,&
0(&1,%'2(&#.,;1,%&#(,(2*%&:&01#(&-'&,(F1-*'*(&%"#'-#1-'@%-(3&!"&5',(-(&'"?,("'=&'-&5(#'"%)51-1%&/%(6%%&
0(&;,(*1*%"0("%8
!"&')(5("('&#'F1,%3&0(&;.,"%,%&);,(&'@%)1,%&!"7%.,+*.',(&2%&1#%?+*.',(3&C%/%"%*'*('&'&$.*+,4*&.&-(?(&:&
!"7,4"?(,('&.,?.-%1-1%&#$%',&0(&-'&!"#(;1*1-&'7%,5+,%%&)'-(8&G(?('&#(,(&#'&!"&/%'6'&1,5+*.',(3&.51-&
54"0,1&0(&;,.;,%':%&7,151)(6(&)+&%'&.&7.,5+&1,4*+3&)+:2%&01#+&*,'%1-&!"*,:1"&*,1;&)#$%-.03&-'&#',(&
-15('&)+&;,%/(')#+&#1&#.5;+*%5%,(3&.,%&)+:2%&!"*.',#+&#1&0(F?1)*&#';1-8&P,+%"0&!"&'#()*&*,1;3&)17-(*1-&
/'&7%&)(#1"0+&0(&)(#1"0+&'5+,4*&#+&(&1"&0%7.,53&#+&"1&(&2%&(-&#'&*.6%&.'5("%%8&I,(&1"&#';&5',(&
);,%=%"%* & ;( & 1" & *,1; & 0( & #.;%-3 & .,% & ;.',*+ & !" & );'*( & . & #.#.'2+ & #( & %");%,+ & ,(;1-)%( & (*#8 & C%" & #'1F'&
0%7.,5%*+6%%&"1&;.'*(&.@6%"(&.&)%*1'6%(&).#%'-+&0(.)(@%*+&2%&#4*(.0'*+&(&#$%',&-%;)%*&0(&54"?4%(,('&0(&'&
'/('&.&).6%(&2%&#.;%%&!"&=1,1-&)+18&I#(')*+&0%7.,5%*'*(&/'&;,.01#(&!"&5%"*('&)'&%0(('A&BH(&,+1&(&#'&
.51-&)+&7%(&)#$%-.03&0(.)(@%*&0(&#(%-'-6%ME&a,&".';*('3&#4"0&);%,%*1-&)+1&(/'0('F+&0%"&#.,;1-&7%F%#3&
#4"0&!2%&*,+%(2*(&/%'6'&0(&);%,%*3&#1".'2*(&#'1F'&'#()*(%&0(7.,5'6%%3&2*%(&#+&(&#.")(#%"6'&54"0,%(%&0%"&
/%'6'&;,(#(0("*+3&#+#%&(-&'&/.%*:.&2%&'##(;*'*:.3&-'&=10(#'*'&#('&5',(3&#4"0&%&):'&'-#+*1%*&0()*%"1-8&C%"&
'"'-%F'&)%*1'6%(%&)'-(3&'&-(?+*1,%%&0%"*,(&54"0,%'&)'&0%"&'-*+&/%'6+&2%&0%7.,5%*'*('&'#*1'-+&'&*,1;1-1%3&
'=1"?(&-'&1,5+*.',('&#."#-1F%(A&7E"5,%'&"1&(&A1"+&4("*,1&#+&51#(&8'&)1;(,%".+&;%M%#+&3%&)1;8(*(')#+9 &
I#(')*+&%0((3&'#(')*+&!"/+6+*1,+3&)(&!"*%;+,(2*(&'04"#&!"&5("*'-1-&)+13&!"7+6%24"01:)(&5(,(1&!"'%"*('&
)'3&!"&!"*,1;+,%-(&/%%*.',(3&.,%&0(&#4*(&.,%&/'&'/('&*("0%"6'&)+&)(&'05%,(3&)+&)(&#,('0+&0(.)(@%*&0(&
#(%-'-6%&.'5("%3&)+&7%(&54"0,1&0(&)%"(8
R'*+&!"6(-()1-&;,(F("6(%&1".,&7.,5(&$%0.')(&;,%"*,(&.'5("%8&J1&!"*45;-',('&'&#,('*&'#()*(&7.,5(3&
#%&.&-(?(&);%,%*1'-+&'&7.)*&;1)+&!"&';-%#',(3&;("*,1&!"0,(;*',('&#(-1%&;.,"%*&);,(&;+#'*8
C'#+&;("*,1&1"&0(7(#*&.',(#15&5%#&)(&';-%#+&.&')(5("('&#.,(#6%(&:&'*,')+&!"&5.0&'1*.5'*&0(&#(-&
54"0,1&0(&)%"(&:&#1&'*4*&5'%&?,('&/'&7%&/%'6'&/%%*.',(&;("*,1&)17-(*1-&.,?.-%.)8&C1;+&#(&'&7.)*
UUX >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&C,%7'&#',*( H(!"*,14',( UUY
'

.&%"*(-%?("6+3&1"&.,'*.,3&1"&#."01#+*.,&0(&.'5("%3&"(!"#+;4"0&!"&;%(-(&0(&54"0,%(&;("*,1&,'"?1-3& a&;(,).'"+&()*(&'#1F'*+&0(&.&7';*+&7.',*(&?,'/+&:&.5.,&)'1&71,*8&T"&.5&#',(&.&0125+"(2*(3
;1*(,('&2%&'/(,('&)'3&!"&/%'6'&%5(0%'*&1,5+*.',(&/%"(&?,.F'/1-&#.,(#*.,3&2*(,?4"0&;("*,1&*.*0('1"'& 5(,?(&-'&=10(#'*+&2%&;1"4"0&54"'&;(&)74"*'&#,1#(3&=1,+&#+&!"*,:'0(/+,&;(,).'"'&,();(#*%/+&'&#.5%)
0%" & )17-(*1- & '#()*1% & .5 & .,?.-%1-3 & #',( & 0'#+ & ', & 0.5"% & !" & -15(3 & ):', & ;,+@12% & ).,% & 2% & 1"%/(,)1,%3& 7';*'3&0()#,%%"0&#,%5'3&7+,+&,(512#',(8&['%3&)17-(*&"().#.*%*M&1,'&2%&0125+"%'&%:'&!"*1"(#'*&-15%"'
;,(7'#4"01:)(&!"&$'.)8 );%,%*1-1%3&#."2*%%"6'&'&'0.,5%*&!"&(-&2%&'5',"%#&!2%&/'&;-4"?(3&!"&H(,&2%&;(&;+54"*3&;.,"%,('&;+*%5'2+
I#()*1%&);%,%*&%&)(&,(#.5'"0+&1"&;-'"&0(&/%'6+3&;(&#',(3&#1&?,(13&0',&!-&'##(;*+&2*%%"0&#+&"1&(& !5;.*,%/'&1"(%&7+;*1,%&0(&'#(('2%&.,%?%"(3&;-(#'*+&0%"&'#(-'2%&RF/.,&0(&/%'6+8&I#()*&"(7(,%;%*&!2%&/'
;.)%@%-+&'-*+&#'-(3&2%&'"15(&#'&!"&1,5+*.',('&/%'6+&*,1;(')#+&)+&7%(&1"&#,(*%"3&)+&/,('&)+&)(&(L;,%5(&2%& /(0('&?,.F+/%'3&!"&*.'*+&?.-%#%1"('&(%3&#4"0&/'&7%&!"&);'6%18&9-4")1-&2%&#+%"6'&)'&/.,&15;-(&%"7%"%*1-3
)+&"1&;.'*+8&K;%,%*1-&!").6%*&0(&'#(')*+&,(01#(,(&#(,(@,'-+3&()*(&"(/.%*&)+&*,+%')#+&!"*,:1"&5(0%1&15%-3& 0',&"1&/'&(L%)*'&"%#%&.&;.)%@%-%*'*(&0(&%(,*',(8&J15'%&,(;',',('3&*,(#(,('&;,%"Z)17(,%"6'&#(-1%&"(/%"./'*
!"*,:1"&#+*1"&2%&!"&)4"1-&1"(%&7'5%-%%&)+,'#(&2%&%F.-'*(3&1"0(&"1&/'&5'%&'/('&;1*%"6'&0.5%"+,%%Q&2%& /'&2*(,?(&#,%5'&0(&'&-1'&#'&5',*.,&;(&H(-&5'%&K74"*&!"*,(&)7%"6%%&(*(,"%*+6%%8&I&=1,'*&!"&"15(-(&G1%Q
;("*,1& #'& .;(,'& 0(&#.,%=',(&)+ &7%(&0(;-%"+3& %&)( &0+&2%&.&7.,5+&*,1;(')#+&,();%"?+*.',(8& R5@(#%-3& !"&/%'6'&1,5+*.',(&)'1&;()*(&51-*(&'-*(&!"*,1;+,%3&/'&7%&'#1F'*Z;(&"(0,(;*&0(&#,%5+3&;(*,(#4"01:2%
0%7.,53&%F.-'*&2%&(/%*'*3&/'&01#(&.&/%'6+&.@)#1,+3&0(;',*(&0(&!"/+-5+2('-'&5',%-.,&#("*,(&1,@'"(8 ,()*1-&F%-(-.,&;+54"*(2*%&!"&!"*1"(,%#1-&.#"(%3&.,%&/'&#.@.,!&!"&-15('&*(,()*,+&7+,+&?,'%3&7%%"0&51*&0%"
!" & *%5;1-&".;6%% &);%,%*1- & !2%&/(0( &)*',(' & "(".,.#%*+& !"&#',(&!2%&01#( &*,'%1-&*,1;()#8 &a&01,(,(& "'2*(,(8&K(&/'&)%56%&(L*,(5&0(&"(".,.#%*3&7%%"0&#."2*%("*&#+&*.6%&/.,@()#&2%&"15'%&(-&"1&',(&0',1-
"()74,2%*+&#1;,%"0(&)17-(*1-&)+1&2%&%',+2%3&#'&);%,%*&2*%(&#+&(-&'&/.%*&'#()*&7(-&0(&/%'6+&15'"+3&7%%"0& )74"*&0(&'&)(&!"6(-(?(&;,%"&/.,@%,(&#1&)(5("%%&)+%8 Z
1,5',('&1"(%&)*+,%&"(".,.#%*(3&#4"0&'&#,(F1*3&#'&.53&#+&()*(&;(,7(#6%1"('&!"*,1#$%;'*+3&.,%&#+&;1*(,"%#& R'*+ & ;("*,1 & #( & U4"*1%*.,1- & 2% & G15%"+*.,1- & )17-(*(-., & ".')*,( & ' & );1) & ;,%" & *,%5%2%% & K+%A &iS1&
#'&(-&"1&()*(&'-*1-8 7+,*1,%)%.%&)*,E7A9&@+&"1&;'#(.%&G1,+7E"*&"%#%&4(&?(,&6&4("*,1&#+&()*(&d,2"18&d'*+81%/&"%#%&4(&C+7E"* &
G(?+*1,'&!"*,(&*,(#1*&2%&;,(F("*3&!"".0',('&!"*,(&#'1F+&2%&(7(#*&"'2*(&%0(('&#+&.,?.-%1-&"1&(&@1"3& 6&4("*,1&#+&()*(&'3*(,"1*18&4%#%2',(82,&@'8(/&"%#%&4(&#'418&*+1&)+&"1&G1,%&6&4("*,1&#+&"1&42.%&)+&;'#% &
#+#%&#(&(2*%&*13&.51-(3&;(&;+54"*D&P,1;1-&*+13&'/(,('3&*%*-1,%-(&2%&;1*(,%-(&*'-(&)1"*&(7(5(,(&2%&#'& 1"&;%,&5(&4+,&'8A&)'1&"(-,19&?%&#10E"*18&02)*,1&)+&;%(j&?(('&#(&()*(&5'&6&5']&%',&#(('&#(&()*(&"1&a &
7151- & /., & *,(#( & *.'*(8 & H4* & 0( & 5%# & ( & *,1;1- & .51-1% & 7'6+ & 0( & ?-.@1- & *(,()*,1M & C', & -' & ,4"01- & )+13& "1]&%',&#(&(&7'%&718*&5(#E*&'#()*('/&5(&8'&#(8&,+1&()*(k9
;+54"*1-3 & ()*( & 0( & <8Xqq8qqq & .,%& 5'% & 5%# & 0(#4* & ).',(-(8 & K.',(-( & ".)*,1 & ( & 5'% & 5%# & 0(#4* & )*('1'& J1&'01#(6%&#'&5',*.,&'-&5%"#%1"%%&/.')*,(&;(&@1"1-&9+,%"*(&#(,()#8&9,%"&'#()*&'#*&)(&'01#(&#('&
I"*',()&0(&d_d&0(&5%-%.'"(&0(&.,%8&H'&)*('1'&I"*',()&(L%)*+&5%%&0(&#.,;1,%&#(,(2*%&!"&1"%/(,)1-&0(& 5'%&5',(&.7(")+&P'*+-1%3&#',(&%',*+&;,%"&!"01,',('&K'3&#+#%&#1".'2*(&5%#%5('&.51-1%&2%&#."2*%%"6'&-1%&
#',(&';',6%"(58&C',&C%/%"%*'*('&'&#,('*&1"&#.)5.)&#',(&#."6%"(&;'*,1&1"%/(,)1,%8&H4*&0(&5%#&(2*%&*13& !"*1"(#'*+3&0',&"1&%',*+&-(?('&%")*%*1%*+&0(&S-&0%"&(*(,"%*'*(&2%&;("*,1&/(2"%#%(8
.51-(3&7'6+&0(&)7(,'&%"7%"%*+&'&#,('6%(%M&H1&#(&0,(;*&*(&#,(F%&;1*(,"%#3&!"6(-(;*3&0(&#(&(2*%&.,?.-%.)&0(& 9,%"&1,5',(3&'/(5&;,%"*,(&".%&7,'6%&2%&)1,.,%&-%;)%6%&0(&7'#1-*'*('&/.,@%,%%3&;("*,1&#+&!"&'-*+&/%'6+&
7%%"6'&*'D&o,'*(3&7%%&#1&#';1-&;-(#'*&!"&7'6'&-15%%3&#+#%&(2*%&%"7%"%*&0(&5%#3&!"&5%=-.#1-&#,('6%(%8&P,+%(2*(& '1&?,(2%*&*.#5'%&;,%"&?,'%8
#1&5.0()*%(&2%&#1,'=&:&0',&7+,+&!"?457',(3&!"#,(F+*.,&:&0',&"1&!"&;1*(,%-(&*'-(3&#%&!"&'=1*.,1-&/("%*&0(&-'& C(&#4*(&.,%&!"*4-"%5&!"&/%'6+&/,(1"&7,'*(&"(7(,%#%*3&"(&/%"(&;',#+&!"&5%"*(A&BC.'5"(3&0',&'#()*&
P'*+-3&%"7%"%*&0(&;1*(,"%#&2%&'*.*2*%1*.,8 .5&:&5'%&(L'#*3&'#()*&);%,%*&:&#1&#(&.&7%&?,(2%*DE&C%"&!"6(-(;#%1"('&;.;.',(-.,&0(&;()*(&/('#1,%&
C',&)+&F%#(5&#+&#(%&-15%"'6%3&#',(&6%"&!"&54"+&#15;+"'&x1)*%6%(%&0%/%"(3&'1&$.*+,4*&#'&.51-&)+&7%(& "()74,2%*(&'1&,+5')&'#()*(&#1/%"*(A&BH(&;+#'*&.&7%&';+)4"0&;(&'#()*&)17-(*&0(&"1&/(0(&-15%"'DE
!"&/%'6'&*(,()*,+&@.?'*3&)+:%&5(',?+&@%"(&2%&/("%*1,%-(&)+&%"*,(&0%"&*.'*(&;+,6%-(&!"&#."*1-&)+18&[("%"0&!"& !"*,:'0(/+,3&"1& ()*(& "(".,.#%,(& 5'%&5',(&0(#4*& '&'/('& .#$%&2%&'&"1& /(0('& #1&(%& 7,151)(6%-(&
/%'6'&;+54"*('"+3&@%(*1-&.5&"1&2*%(&#+&'&7.)*&0.',&!")+,#%"'*&#1&5%)%1"('&1"1%&)%5;-1&0(6%"+*.,3&#1& "'*1,%%3&#1-.',('&2%&7.,5'&/',%'*+&'&7%%"6(-.,&2%&-1#,1,%-.,8&a&".';*(&'04"#+&!-&!"#."=.',+&;(&'#()*&
,.-1-&0(&'05%"%)*,'*.,&'-&1"(%&'/(,%&#',(&"1&(&'&-1%3&01;+&#15&#,(0(&(-3&#%&';',6%"(&;+54"*1-1%3&5'%& "(7(,%#%*8&I,&/,('&)+&)(&)(,/(')#+&)%"?1,3&',&/,('&)+&#%,#1-(&;,%"&-15(3&0',&"1&;.'*(&7+,+&)+&7%(&#."01)&
(L'#*&K*+;4"1-1%&9+54"*1-1%3&C1$1-1%&K1;,(53&N1/(,"'*.,1-&0()*%"1-1%&".)*,13&H(- &,(;,(F("*'*&!"& 0(&1"&'-*1-8&>*%(&#+&'-6%%&/+03&#+&)(&.,%("*('F+&.,%1"0(&/.,3&2%&#+&"15'%&(-&()*(&5'%&;,(=.)&0(&.,%#(&
%#.'"'&0(&-'&'-*',&#'&6%"4"0&#',*('&(/.-16%(%&!"&54"+3&;(&.&;'?%"+&'/4"0&I&`I-7'b&:#(('&#(&!")('5"+A& '"%5'-8&S)*(&"(?,+%*+&)17(,%"6'&#(:%&,.'0(&)17-(*1-3&)(#1"0+&#1&)(#1"0+8&[%'6'&-1%&(&1"&%"7(,"&2%&(&#(-&
R1&)1"*&!"#(4+*2,18&#,('.%(%&'#()*1%&)%)*(7&48'"(*',/&2%&;(&'-*'&g9&`a5(?'b&:&#(('&#(&!")('5"+A&R1& 0%"*4%&#',(&0.,(2*(&)+&;-(#(&0%"&'#(')*+&/%'6+3&;-%"+&0(&!"*1"(,%#8&H'&.5&"1&2*%(&"%5%#&0%"&*,(#1*3&
)1"*&?(8&#',(&02%&4,(M%5'&#('&5%"&1,7+&5%)281.%(&'&'#()*1%&)%)*(7&3%&02%&51#(&8'&d'*+8&,2518&(0281.%(% & #.")*'*+& #+& (&.,@ &0%"&"'2*(,(3&)'1& #+& 1-*(,%.,&2%:'& ;%(,01*&/(0(,('3& !")+& #'1F'&'#()*(%&?,.'F"%#(&
!74+,+.%(%&J(8(&#(,(3*%9 %"7%,5%*+6%&"1&.&#1".'2*(8&C',&".';*('3&#4"0&*,1;1-&)+1&0.',5(3&!2%&#1".'2*(&)*',('3&2*%(&#'&;-+*(2*(&.&
c+)7+6'*&!"&;-+#(,%-(&2%&@1"1,%-(&;+54"*1-1%3&.51-&@.?'*&/'&*,+%&#1&(-(&"15'%&;("*,1&(-&2%&'%&-1%3& ;.-%6+&?,('&;(&#',(&)*+&)#,%)+&.&5',(&?,(2('-+&7+#1*+&!"*,:1"'&0%"&/%(6%-(&)'-(&*,(#1*(3&#4"0&'&'01)&
"('/4"0&"%#%&1"&?4"0&0(&5%-+3&7+,+&)+&0('&1"&@'"&;("*,1&.&2#.'-+3&.&@%)(,%#+3&1"&'F%-&0(&)+,5'"%3&1"& "(".,.#%,(&'-*.,'3&;(&#'-('&/+F1-1%8&I&);%."'*3&'&/+F1*&2%&'&);1)3&01;+&#',(&'&1,5'*&.)4="0'&?,('&
.,7(-%"'*3&1"&#(,2(*.,3&1"&"(7(,%#%*&#',(:%&%()(&!"&#'-(3&)17-(*1-&)+1&,+54"4"0&,(#(&#'&?$('6'8 ;("*,1 & #(% & ;( & #',( & %:' & ;4,4*8 & a,% & ;,%") & 0( & 54"%(3 & !" & /('#1,% & !"0(;+,*'*( & 2%:' & #$%"1%* & '0/(,)',1-&
C',3&*.'*(&'1&1"&)74,2%*&:&5%"(,'-1-3&/(?(*'-1-3&'"%5'-1-3&.51-3&;-'"(*'3&)*('1'3&*.'*(&';',&2%& F0,.@%"01:%&.#$%%8&I%&-1'*&/(0(,('&'-*1%'&:&6%&)(&/'&-1'&2%&6%(&;1*%"6'&0(&'&5'%&/(0('8&&&&&Z
0%);',3&5'*(,%'&-.,&7%%"0&5(,(1&!"&#1,)1-&;,(7'#(,%%&7+,+&0(&)74,2%*8&[%'6'&'#()*1%&.5&@.?'*&)(&/'&)74,2%3& B&?%"(&*,'-(&)'A%'/&5(&)'A%(&0'&71,%k/&%:'&);1)&C.5"1-&-1%&9(*,13&!"&5.5("*1-&#4"0&(,'&',()*'*&
);%,%*1-&)(&/'&,%0%#'&!"&);'6%13&1"0(&"1&/'&0(6%"(&"%5%#&0%"&#(-(&'/1*(&;(&;+54"*8&o%%"0&)%"?1,&:&.& 0(&)(,/%*.,%%&',$%(,(%-.,&(/,(%&!"&?,+0%"'&N$(*)%5'"%8
)*(-16+&#1&#('6+&(*(,%#+&:&/'&!"6(-(?(&5',(-(&'0(/+,A&'&7.)*&1"&@.?'*&"(5%-.)3&2%&*.*&#(&'&'/1*&"1&(,'&'-& R'*+&5',('&*'%"+3&%'*+&;("*,1&#(&)1"*&!"&-15('&".')*,+&*,1;(')#+&'*4*('&0(.)(@%,%&!"*,(&.'5("%3&!"&
)+13&#%&'-&;+54"*1-1%3&#+#%&(,'&5'*(,%(&0%"&5'*(,%'&*(,()*,+8&I*1"#%&!-&#1;,%"0(&,(?,(*1-&#+&)17-(*1-&%:'& ;,%/%"6' &)+"+*+6%%3 &%"*(-%?("6(%3& 5.,'-%*+6%%3& /.%"6(%3& )%*1'6%(%& 5'*(,%'-(& )'1 &).#%'-(8& S%& )1"*& .,% & ;(&
7.)*&,(#(&7'6+&0(&)17(,%"6'&#(-.,&51-6%8&K(&/'&#+%3&0',&/'&7%&;,('&*4,F%18&G(?('&0%/%"+&#(,(&%5;(,%.)& 0,151-&')#(")%1"%%&5',(-1%&51"*(&'-&(/.-16%(%&#',(&01#(&-'&;%#%.',(-(&H,('*.,1-1%3&.,%&)1"*&7.,5(&0(&
;(,7(#6%1"('3&#(,(&,(;',',(Z&2%&'/'")',(Z&);%,%*1'-+8&I#()*1%&.5&!"#(,#'*3&04"01:%:)(&'/(,%&#'&)+&/'0+& /%'6+&;,%"&#',(&%);+2()#&?,(2(-%&5',%&0%"&'-*(&/%(6%8&9,%"&1,5',(3&)17(,%"6(-(&"1&)1"*&=.#1-&!"*45;-+,%-.,3&
#15&-(&/'&?.);.0+,%3&!%&/'&7%&$+,+F%*&)+&)(&,(!"*,1;(F(&!"&/%'6'&1,5+*.',(3&)'1&'-*'3&!"&)+,+#%(8&['&7%&1"& !"*45;-',(&"1&(L%)*+&!"&"'*1,+8&P.*1-&(&.,4"01%*3&*.*1-&)(&5%2#+&/.%*3&2%&01;+&".,5(&0(&.&',5."%(&2%&
"(7(,%#%*3&0(&;(&#',(&/.,&#1,?(&F0,("6(-(3&'0+;.)*%"01:)(&;,%"&;.01,%&)'1&;%/"%6(8&[%'6'&-1%&)(&/'& (L'#*%*'*(&"(#1;,%")+&0(&5%"*('&".')*,+8
)#1,?(&!"&;-4")&2%&*,(51,'*3&!"&'04"#+&2%&51-*+&)17(,%"6+&*,1;(')#+&2%&)17-(*(')#+3&7-+54"F%"0&'0()('& P.'*(&'#()*(&0%7(,("6(3&0%7.,5%*+6%&2%&"(".,.#%,%3&"1&2%&-(&;.'*(&(L;-%#'&@%(*1-&.5&*,1;()#3&0(.',(#(&
2%&*,+%"0&0%"&#(('&#(&-15('&)(&/'&5%-.)*%/%&)+:%&0('8 (-(&)(&0'*.,()#&1".,&-(?%3&1".,&.,4"01%,%&)'1&7';*(&#(&';',6%"&-15%%&"(/+F1*(&:&-15%%&);%,%*(-.,&);'6%'-(&
J.';*('3&);%,%*1-&/'&#1".'2*(&#'1F'&)*+,%%&)'-(&'#*1'-(3&%',&!"&)17-(*1-&)+1&)(&/'&)+;'&'04"#A&h'%&5(& 2%&'&-(?%-.,&0%/%"(3&01;+&#',(&*.*1-&)(&5%2#+3&0(&-'&(-(#*,."&2%&;4"+&-'&)7(,'&#,('6%%-.,8
2718&;+,+&7%8+/&-,2M'0&0'&48+*%&4("*,1&8%4)'&81%&5(&'8*,1%)7/&#+#%&*2*18&5%"&"'*1,+&:&7%#&3%&7',(&A&:&()*(& R'*+&;("*,1&#(&'5&'7%,5'*&#+&"15'%&;,%"&,(!"*,1;',(&)(&7'#(&'/'")',('&);%,%*1'-+3&#+#%&2#.'-'&/%(6%%&
8(-'*&4,%"&8(-('&)28%5',%*+.%%&3%&'&%1A%,%%9 '#()*(%&;-'"(*(&)(&/'&1,5'&;(&'-*(&#.,;1,%&#(,(2*%3&!"&7.,5(&5'*(,%'-(&0%"&#(&!"&#(&5'%&7%"(3&!"&7.,5(&
!"& *.'*(&2%&!"*.*0('1"'&(L%)*+Z)17(,%"6'&;("*,1&'&2-(71%&2%&0(F,+0+#%"'&0(7(#*(-(&#."*,'#*'*(&0%" #.,;.,'-(&*.*&5'%&';,.;%'*(&0(&;(,7(#*8&>#.'-'&;-'"(*(%&".')*,(&()*(&0.',&.&#-%;+&0%"&2#.'-'&1"%/(,)%#+&
"(2*%%"6+&2%&!",+0+#%"'*(&;(&#'-('&.@%2"1%"6(%8&I%&7.)*&1"&5',(&;.*("*'*3&#."01#4"0&7+,+&=10(#'*+&2% ;(&#',(&.&/.5&;',#1,?(&!"&(*(,"%*'*(8&P.*12%3&!"&#.5;','6%(&#1&(7(5(,'&".')*,+&(L%)*("6+&*,1;(')#+3&
5%-+&:/(%&7%&!"*,:.&/%'6+&1,5+*.',(&1"&@%(*&"(7(,%#%*3&!"&#',(&/.,&0'&*.6%&2%&*(&/.,&)1;1"(&*.,*1,%%&2%&= ()*(&7.',*(&-1"?+&:&';,.L%5'*%/&V^8qqq&0(&'"%3&2%&;(&*.'*+&01,'*'&'#()*(%&2#.-%3&*,(@1%(&)+&-1+5&0%7(,%*(&
@'*=.#1,%%&"()+@1%*(8&I%Z1#%)3&7+,+&)+&7%%&#."2*%("*&#+&!"6,(,1;%&2#.'-'&1"1%&);%,%*3&)*,%#4"0&.,4"01%,%-(&| 7.,5(3 & )+ & *,+%5 & !" & 0%7(,%*( & "%/(-( & ).#%'-( & 2% & !" & )4"1- & 0%7(,%*(-., & "('51,% & '-( & ;+54"*1-1%8 & I5&
#(,(2*%&:&/(%&#1".'2*(&/'-.',('&'#()*1%&'#*&"().#.*%*3&7%%"0&2%&*1&)1;,%5'*3&;.'*(&*.#5'%&#4"0&(,'%&5'%&= #."/%"?(,('&#+&!"&/('#1,%-(&1,5+*.',(3&;()*(&*,(%&)'1&;'*,1&5%%&0(&'"%3&*(5'&,(!"*,1;+,%%&/'&7%&5'%&
7(,%#%*3&!"&#1,)1-&1"(%&7,15.')(&/%(6%&.5("(2*%8&I%&71,'*3&6%:'%&!")12%*&'/(,('&1"1%&.,7'"&:&"(?,(2%*&/(%&A @%"(&2%&;(&-',?&#1".)#1*+3&2%&.5("%,('&*,(F%*+&-'&.&#."2*%%"6+&5'%&-15%".')+&/'&'/('&.&'-*+&#."01%*+3&
#1".'2*(&!"6(-()1-&'#()*1%&'#*&!"&/%'6'&;+54"*('"+8&!"&/%'6'&1,5+*.',(&)'1&!"*,:1"'&#(/'&5'%&0(;+,*'*+3&= 7%%"0&%1@%*.',(&'&*.*&2%&*.'*(&#(&'1&7.)*&#,('*(&0(&o%%"6'&)1;,(5+8
/(%&7%&2%&*1&.,7'"&2%&/(%&7%&-+)'*&;(&0,151,%&)+,'#&2%&"(7(,%#%*3&'2'&#15&'%&7+#1*&*1&'-*+0'*+8&!"&5.01-&= C.'5"(3&-15%"('F+&)17-(*(-(&".')*,(&)+&"1&5'%&?,(2%53&#+#%&'#15&2*%5&#+&*.*1-&)(&;-+*(2*(&;,%"&
'#()*' & )( & ;-+*()# & *.'*( & ?,(2(-%-( & 7+#1*( & 0( & .58 )17(,%"6+M&I5%"8
M
UUZ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&C,%7'&#',*( H(!"*,14',( UU[
'

c(?,()%(&$%;".*%#+ H4"0&'/('&<s&'"%3&);1"(&#+&/%"0('&=1,"'-(3&!"*,(&#',(&F%',1-&lC1,'"#(n8&!"*,(@'*&#(&)#,%'&'#()*
F%',3&,+);1"0(&#+&"1&2*%(3&0',&)(&'10(&#+&/.,&/("%&'1)*,%(#%%8&!"*,(@'*&0%"&".1&!"&#(&'"&()*(&'#15Q
(-&,+);1"0(A&l<_\_n8 Q
[.%&(L;1"(3&!"&,(F15'*3&(L;(,%("6'&#(-(@,+&'&,("15%*1-1%&5'?"(*%F'*.,&7,'"#(F&I-;$.")(&p.1/%(,3& G'&<v&'"%&)(&/(0(&1#("%#&-'&1"&#%F5',3&5()(,%(&;(&#',(&.&?+)(2*(&;,('&?,('3&"1&%:'&;-+#1*&2%&'&
0%"&Gr."3&7+#1*+&!"&<sq\8&a&;,.@+&'&"(51,%,%%&);%,%*1-1%&2%&'&"("15+,'*(-.,&)'-(&!"*,1;+,%8 ;+,+)%*:.8&G'&<^&'"%3&)(&/(0(&'#')+&-'&;+,%"6%&2%&5+,*1,%)(2*(&#+&/,('&)+&71?+3&;("*,1&#+&;,('&!-&;1"&)+&
-''''''-''''''2
7'#+&5(,(1&*,('@+8&!-&!"*,(@&1"0(&-.#1%(2*(&'#15=&%',&(-&!5%&,+);1"0(A&lG'&K'%"*:9%(,,(3&';,.';(&0(&
p,%'"#."3&1"0(&*'*+-&5(1&(&#1-*%/'*.,&-'&.&7(,5+8n
G'&<V& '"%&5(,?(&-'& 2#.'-+3&0',& "1:%&;-'#(&0(-.#& #',*('8&H'& ;,.7()., &',(&;(&1" &;,(.*& "15%*&
BI7-4"0&0(&)*10%%-(&#.-."(-1-1%&0(&c.#$')&')1;,'&,(?,()%(%&5(5.,%(%3&'5&0.,%*&-'&,4"01-&5(1&)+& I"*.%"(3&#1&#',(&!"/'6+&#'*($%)51-8&G'&<q&'"%&);1"(&=#+&!%&(&7,%?3&;("*,1&#+&"1&',(&$'%"(8&lU'5'&5%:'&
#."*,.-(F & '#()*( &7(".5("3 &'/4"0&!"&#1,4"0 &)'*%)7'#6%' &0(&'& /(0(' &2%&!",(?%)*,' & ,(/(-+,%& 0%" &/%(6%& 7+#1*&"%2*(&;'"*'-."%&0%"*,:.&,.#$%(&/(#$(&0(:'&(%3&2%&#.;%%%&#4"0&5+&/+0&#1&(%&!2%&@'*&=.#&0(&5%"(8&U%:
*,(#1*(8&C%"*,(&5(0%15%%&5(%3&#(-&#1&#',(&'5&'/1*&#(-(&5'%&7,15.')(&(L;(,%("6(&'&7.)*&.&0.'5"+& '&);1)&)+&7%1&#15%"*(3&#+#%&!5%&/'&7'#(&"%2*(&$'%"(&".%&#4"0&5+&/.%&!5;+,*+2%8&I*1"#%&/.%&'/('&2%&(1&
%")*,1%*+&2%&7.',*(&0%)*%")+3&"+)#1*+&!"*,:1"&5%#&.,+2(-&0(&;(&';'&R)(,(3&!"&'"1-&<v_^8&C1;+&*(,5%"',('& ;'"*'-."%&7,15.2%8&H4"0&5+&,+F@(2*(&7,%?1-3&5+&01#&!"&?,'=01-&@.%-.,&2%&/'#%-.,3&1"0(&(&#'-0n8
#1,)1,%-.,&1"%/(,)%*',(3&'#(')*+&0.'5"+&):'&5+,%*'*&#1&1"&.7%6(,&2%&'#15&:&!"&'"1-&<sq\&:&()*(&5'5'& G'&^&'"%&(&!"*,(@'*&0'#+&)(&=.'#+8&lI23&0(&1"0@&)+&5+&=.#3&5+&;1"(&5(,(1&-'&*,('@+8n
1"(%&7(*%6(&0(&d&'"%8&I5&7.)*&'=1*'*&0(&04")'&!"&#(,#(*+,%-(&5(-(3&;("*,1&#+&0.,('&7.',*(&51-*&)+& U(0%151-&()*(&'01)&*,(;*'*&!"&;4"*(#(-(&5'5(%&)'-(3&2%&0%"&".1&#'&);%,%*&!"&);'6%18&R&)(&);1"(&#+&(&
#1".')#+&7(".5("(-(&;)%$%#(8 );%,%*&2%&,+54"(&"(-+51,%*3&!"*,(@4"0A&lC',&#(&(&'#(('&);%,%*Dn&R:'5&(L;-%#'*&#+&);%,%*1-&(&.51-&7+,+&
9("*,1&'&"1&5+&,(;(*'3&(L;1"&#4*(/'&;1"#*(&?("(,'-(3&#',(&/.,&0'&!"6(-(?(,('&#(-.,&#(&/.,&1,5'8& *,1;&:&(L;-%#'6%(&;(&#',(&)(&;',(&#+&"1&;,('&'-!"6(-():.8
C(&(L(5;-1A&0(&#4*(&.,%&!"0,(;*&5(0%151-&);,(&/4,)*'&#.;%-+,%(%3&)(&5%2#+&2%&/.,@(2*(&')(5("('&1"1%& 9,%/(2*(&!"&=1,1-&)+1&2%&!"*,('@+A&lC',&1"0(&)1"*&;("*,1&#+&"1:5%&/+0&#.;%%%&2%&;,%(*("%%Dn&R:'5&
#.;%-8&H+*,(&.&7'F+&2%&5'%&!"';.%'*+3&#.;%-1-&'@%'&;.'*(&/.,@%8&!"&7%"(3&#4"0&5(0%151-&()*(&'01)&;4"+& );1)&0%"&".1&#+&"1&5'%&',(&*,1;&2%&#+&'&*,(#1*&;,%"&;,.#()1-&"15%*&5.',*(Q&%',&#+&#(%&0,'?%&'%&)+%&'1&
!"&7'F'&/4,)*(%&0(&)1@&1"&'"3&7'#(&?()*1,%&#1&54%"%-(&2%&@1F(-(&#'&2%&#15&',&)1?(8&H4"0&!-&7'#&)+&,(/%"+& ,+5')&=.)3&;,%"*,(&;+54"*("%8
!"&7'F'&0%"&;4"*(#(-(&5'5(%&)'-(3&)(&!"#./.'%(&#'&1"&7(*1)3&#1&54%"%-(&;(&-4"?+&*,1;&2%&#1&;15"%%&!"& !"&7%"(3&(&,('01)&5'%&!"';.%3&!"&7'F'&0(&;+54"*('"3&2%&(&!"*,(@'*&#(&)(L&2%&#(&/4,)*+&',(8&c+);1"0(&
0,(;*1-&.#$%-.,8&C%"&-1"'&'&*,(%'&;4"+&-'&#."#(;6%(3&5(0%151-&#'0(&;(&);'*(8&!"&7%"(3&#4"0&5(0%151-&(& #+&(&7(5(%(3&',(&Xq&'"%3&)(&"15(2*(&x(""r&G10./%#&2%&()*(&!"&'"1-&<_qV8&I,(&0.%&#.;%%3&I1?1)*(&0(&_&
01)&2%&5'%&51-*&!"';.%&:&'0%#+&!"&)*',('&0(&);%,%*&-%@(,&:&)(&/(0(&#15&!"&5.5("*1-&!"*,1;+,%%&7'#(& '"% & 2% & x('"3 & "+)#1* & 0( & #1,4"03 & 2% & -.#1%(2*( & !" & -.#'-%*'*(' & 9-.1(,5(- & !5;,(1"+ & #1 & ).61- & (%3 & #',(&
(7.,*1,%3&#'&2%&#15&',&/,('&)+&)(&)1)*,'?+&1"(%&7.,6(&#',(&!-&'*,'?(&2%&!-&;.',*+&#+*,(&/%%*.',('&)'&5'5+8 -1#,('F+&0.'?(&;("*,1&@1*.'%(8
!"&*.*&*%5;1-&(L;(,%("6(%3&5'?"(*%F(F&5(0%151-3&.;,%"01:5+&"15'%&#4"0&/,('1&)+&'7-1&#(/'& G'&<^&'"%&)(&/(0(&-'&1"#$%1-&(%3&"15%*&U',%(**%3&7%%"0&.,7'"+8&T"#$%1-&(%&":'&0'*:.&-'&2#.'-+3&0',&'&
')1;,'&1"(%&7'F(&.',(#',(3&)+&;,%5()#&(L;-%#'6%%&)'1&)+:5%&0()#,%(&/%'6'&,();(#*%/+8&H4"0&0.,()#&)+& !"/+6'*:.&)+&)(5"(F(8&S-&7'#(&)(,/%#%1-&-'&1"&7',5'#%)*8&I;-(#4"01:)(&!"*,:.&;',*(3&;',(&#+:5%&);1"(&.&
,(/%"+&-'&/%'6'&'#*1'-+3&!-&0(5'?"(*%F(F&!"&)(")&%"/(,)3&;')&#1&;')3&7'F+&#1&7'F+3&,('01#(,('&@,1)#+&-'& #."7%0("6+A&lH,(0&#+&1"#$%1-&(&*'*+-&5(13&0',&"1&*,(@1%(&)+&.&);1"8&H4"0&/.,@()#&0(&*'*+-&5(13&!%&/%"&
/%'6'&'#*1'-+&7%%"0&7.',*(&;(,%#1-.')+8 -'#,%5%&!"&.#$%8&S-&(&7.',*(&0,+?+)*.)&#1&5%"(8&H,(0&!")+&#+&1"#$%1-&5(1&":'&7.)*&#15%"*(3&0',&":'5&
C(&#4*(&.,%&*,(#(5&;,%"*,:.&/%'6+&!"&#',(&'&!5@,+#'*&*,1;&7(5%"%"3&',(&*%5@,1-&2%&?()*1,%-(&0(&7(5(%(8& 0,(;*1-&)+:<&=10(#3&7%%"0&7.',*(&@1"&#1&5%"(8n
C(&#4*(&.,%&)(&;,(F%"*+&#'&@+,@'*3&',(&*."1-&5'%&?,.)&2%&'*%*10%"('&#','#*(,%)*%#+&@+,@'*1-1%3&!"&7%"(3& G' & !"*,(@',(' & 0'#+ & %1@(2*( & 2% & ;( & '-*#%"(/' & !" & '7',+ & 0( & 1"#$%1- & (%3 & ,+);1"0(A & lH1".)# & 2% & ;(&
#4"0&(&/.,@'&0(&1"&@+*,4"&@.-"'/3&/4,)*'&2%&)*',('&)'&)17(,%"0+&)1"*&F1?,+/%*(&;,%"&?()*1,%-(&2%&/.#('& G10./%#8&C(2%&(&/+01/&2%&',(&0.%&#.;%%&0(&-'&;,%5'&).6%(3&!%&;.,*&.&0,'?.)*(&0(.)(@%*+&2%&'2*(;*+5&
.@.)%*+&'&1"1%&@+*,4"8&R'*+&;(&)#1,*&(L;(,%("6'8 '54"0.%3&"(,+@0+*.,%3&)+&"(&#+)+*.,%58&S&'*4*&0(&0,+?16&2%&01-#(&#1&5%"(M&J(:'5&!"6(-()&#'&;(&#.;%%&
I5&'2(F'*&5(0%151-&;(&1"&7.*.-%1&#.5.08&R:'5&7+#1*&;')(&0(&'0.,5%,(8&!"#(*1-&#1&!"#(*1-&%&):'1& )+&"1:%&6%"(5&".%3&#%&)+:%&*,%5%*(5&-'&@1"%#'&-.,3&;+)*,4"01:-(&*.*12%&*.'*+&'*("6%'&".')*,+n8
-+)'*&;-(.';(-(3&01;+&#',(&'&'0.,5%*&;,.71"08&H4"0&'5&-1'*&#1".2*%"6+&#+&):'&(L*(,%.,%F'*&#.5;-(*3&!-& S&,('01)+&-'&<V&'"%8&K(&/(0(&*.*&-'&9-.1(,5(-3&;(&5',?%"('&';(%3&1"0(&'01"+&7-.,%&0(&#45;3&
7'#&)+&*,('#+&,(;(0(3&!"&5.0&,(?,()%/3&;,%"&*.'*(&(*';(-(&/%(6%%&)'-(&*(,()*,(8&!-&*,(#&5'%&0(;',*(3&;,%"& ;("*,1&#('%1,%8&lT"#$%1-&5%:'&',+*'*&#',(&)1"*&'#(-(&;-'"*(3&#+#%&%&-(&0+&7',5'#%)*1-1%&:&T,)1-1%3&#15&
7'F'&#(-.,&".1+&-1"%&0%"&;4"*(#(-(&5'5(%&)'-(3&2%&!"&7%"(&:&#'&);%,%*&!"&);'6%18 !%&F%#(&(-&0.5"1-1%&x.'""()&i/()8n
I01)&;4"+&-'&'#(')*+&7'F+3&5(0%151-&!5%&);1"(&#+&'#15&(&);%,%*&-%@(,&;,%"&);'6%13&#+&)(&5%2#+&!"& !"*,(@'*+&0'#+&;.'*(&("15(,'&#4*(/'&0%"&'#()*(&;-'"*(3&,+);1"0(&'7%,5'*%/3&2%&!"#(;(&)+&-(&!"2%,(A&
=1,1-&;+54"*1-1%3&/%F%*4"01:2%&;+,%"6%%&2%&;,%(*("%%3&#'&!2%&#'1*+&-.?.0"%#1-3&;(&G.1%)3&#',(&'&;-(#'*&0(& la#$%1-:;%)%#%%3&;-'"*':#(,1-1%3&)*('1':7%,5'5("*1-1%3&;%#%.,1-:;+%'"=("1-1%3&.?-%"0':)17-(*1-1%n8
;(&;+54"*&!"'%"*('&)'3&0',&#+&"1:<&?+)(2*(3&2%&5'%&'0'1?+&#+&'0()('&)(&01#(&-'&#%5%*%,1-&0%"&p,%'"#."3& G'&\&'"%&)(&/(0(&;(&?("1"#$%%&1"#$%1-1%3&#',(&.&54"?4%(&2%&.&'=1*+&)+:2%&7'#+&0%"&@(,@(,%6+&
#'&)+:2%&;,%/(')#+&*,1;1-&;1,*'*&!"&/%'6'&)'&*(,()*,+3&#'&0.5"%2.',+3&"15%*+&U',?',(*'&C1#$()"(8&I& #.,."%6(8
51,%*&!"&'"1-&<v^q3&!"&/4,)*+&0(&V^&'"%3&0%"&#'1F'&1"(%&@.-%&;1-5."',(8 S)*(&5'?"(*%F'*+&2%&01)+&5'%&0(;',*(3&;4"+&-'&/4,)*'&0(&X&'"%8&G'&'#(')*+&/4,)*+3&.,7'"'&'7%,5+A&
C1)+&2%&5'%&!"';.%3&)(&/(0(&*4"+,+3&0',&@.-"'/+Q&*12%"0&5(,(13&!2%&01#(&54"'&-'&;%(;*3&);1"4"0&#+& l!%&);1"&1"#$%1-1%&5(1&:&1"#$%1-(3&#4"0&(&0(&7'6+&#%"(/'3&0',&#4"0&)1"*(5&"15'%&".%&0.%&!%&);1"&:&
',(&)("*%5("*1-&#+&/'&51,%&0%"&#'1F'&'#()*(%&@.-%&2%&(&*',(&54$"%*+3&;("*,1&#+&!-&%1@(2*(&;(&G.1%)&x1-()& *'*+3&2%&'*1"#%&5+&54"?4%(&;(&.@,'=%8&9(&5'5'&"1&.&2*%1n8
U',*%"3&#',(&!2%&7'#(&'#15&)*'?%1-&5%-%*',&-'&p,%'"#."8 I01)+&!"&5.5("*1-&"'2*(,%%3&);1"(A&l[+0&.&7(5(%(&;(&;'*3&?,(1&@.-"'/+&2%&;(&*'*+-&5(1&;-4"?4"0n8
C%"&'#()*&)*'0%1&'5&*,(#1*&5(0%151-&!"';.%3&;,%"&#.;%-+,%(&2%&"'2*(,(&;4"+&-'&)*',('&0(&);%,%*3&!"& C1) &!"'%"*(' & '#()*(% & !"*,1;+,%3 &'0%#+ & !"& 7'F' & 0(& );%,%*3 & 5(0%151- & );1"(M#+ & )17(,+ & ?,.F'/ & 0(&
'#(')*+&)*',(&(-&0(#-',+&#+&(&"(7(,%#%*3&;("*,1&#+&)17(,+&#$%',&!"&);'6%18&J1&;,('&2*%(&#(&(&#1&(-3&;("*,1& -./%*1,'&0(&-'"#(&;,%5%*+&!"*,(&#.')*(3&;(&;',*('&)'&0,(';*+8&S)*(&!"*,(@'*A
#+&)(&)%5*(&?,(.%&#'&;-15@1-8 :C',&#15&)(&7'#(&#+&'%&.&01,(,(&7%F%#+3&#4"0&*1&"1&5'%&'%&*,1;D
!-&!"*,(@&#15&0(&)17(,+3&0'#+&()*(&);%,%*&2%&"1&5'%&',(&*,1;Q&2%:5%&,+);1"0(A&lC'3&"1&5'%&'5&*,1;3& :C'3&2%&*.*12%&)%5*&01,(,('&!"&;',*('&0,(';*+3&0%"&#'1F'&1"(%&!5;1")+*1,%&;,%5%*(&-'&U',%?"'"8&K(&
0',&'5&1"&#.,;&)17-(*()#3&#',(&!5%&,(0+&!"#+&)("F'6%'&0(&01,(,(&0%"&*,1;1-&;+,+)%*n8 #."*%"1+&,(?,()%'&2%&()*(&!"*,(@'*A e
R:'5&.,0."'*&)+:2%&,(%'&*,1;1-8&K(&)1;1"(&;(&;-'"&);%,%*1'-3&)(&/(0(&@+,@'*3&2%&*12(2*(&5(,(1&2%&
'#158&!2%&(L;,%5+&0.,%"6'&)+&5.',+3&#+#%&/%'6'&(&?,('&2%&;-%"+&0(&5%F(,%%8&9,(7(,+&)+&5.',+3&;("*,1&#+& :!"&#(&'"&)1"*(5&2%&#15&*(&"15(2*%D R
'*1"#%&"1&/'&5'%&)17(,%&:&#,(0(&2%&(-3&#'&*.'*+&-15('3&#+&5.',*('&'01#(&'-%"',(8 :K1"*(5&!"&'"1-&<\<\&2%&'5&VV&0(&'"%8&U+&"15()#&U%#$(-&p(,r3&2%&;1"4"01:)(&1"&#,(%."&!"&
!-&!"*,(@&!"&#(&'"&*,+%(2*(Q&!5%&,+);1"0(&#+&!"&<_vq&2%&',(&dV&0(&'"%8&I0'1?+&';.%&#+&;(&#4"0&(,'&0(& 54"'&5(0%151-1%3&)#,%(&7.',*(&"(!"0(54"'*%#A&lU%#$(-&p(,r3&0(&-'&#1,*('&,(?(-1%n8
Xv&'"%3&)(&'7-'&-'&U%-'".3&1"0(&(,'&-1#,+*.,&-'&1"&.',(#',(&9'.-%3&*+%(*.,&2%&)#1-;*.,&!"&5',51,+3&0',&#+& :H(&7'#%&'#15D
"1&;,('&(,'&!"0(54"'*%#8&H1&'#(')*+&.#'F%(3&!2%&0()#,%(&;'*,."1-&#'&7%%"0&1"&@(6%/3&.&@,1*+&#',(&<:'& :G1;*+5&0(&*,(%&F%-(&2%&*,(%&".;6%&#."*,'&(-/(6%("%-.,8
)#+,5+"'*&0(&51-*(&.,%8 :H(&;+,(,(&'%&0(&,(?(-(&*+1D
C1)&!"';.%&-'&/4,)*'&0(&V\&'"%3&);1"(&#+&(&)-1?+&!"*,:.&@+#+"%(3&%',&-'&V<&'"%&'&7.)*&#$(5'*&-'& :a3&o,'"#.%)&()*(&1"&@,'/&2%&',(&.&%"%5+&@1"+8
,(#,1*',(3&0',&'&7.)*&,();%")3&'/4"0&*,1;1-&;,('&)-'@8 :H15&!-&).#.*(2*%&*1&#+&(&@1"3&#4"0&(-&.5.',+&'*4*'&-15(D
:a5.',+&;("*,1&#+&(&"(#()',8
:C',&0'#+&*1&/(%&7%&.5.,4*3&#,(F%&#+&5'%&,+54"(&#(/'&0%"&*%"(D
:I23&#(&)+&5'%&,+54"+3&*.*1-&)(&)74,2(2*(&#1&5.',*('8
H(!"*,14',('

#+&0'3&2%&*.6%&'%&*%5;1-1%&)+1&!%&7'#&)'#,%7%#%%&0(&.'5("%&#',(&)1"*&',2%3&#+#%&'2'&!%&;-'#(&015"(F(1-1%&
UU\ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&C,%7'&#',*( -.,8&S,'&;+?4"8 UUT
G'&V\&0(&'"%&(&;-1?',3&!5;,(1"+&#1&5'5'&)'3&G%3&-.#1%"0&!"&6%"1*1-&I-@%".)3&;,%"&#',(&#1,?(&';'&
S&01)&-'&/4,)*'&0(&Vq&'"%3&2%&()*(&!"*,(@'*A z.1,"&1"0(&-1#,('F+&;+54"*1-8
:H(&7'#%&'#15D S)*(&01)&*,(;*'*&!"&)4"1-&5'5(%&)'-(&2%&';.%&!"&)*',('&0(&);%,%*8&C%"&".1&);1"(&#+&)17(,+&51-*3&
:H(&)+&7'#3&;-(#+5&);,(&I5%(")8&S"?-(F%%&/.,&)+&-(&5'%&0+5&.&-(#6%(8 #+#%&'&7.)*&',)&0(&/%1&0(&!5;+,'*1-&,.5'"&9,.@1)3&-'&/4,)*'&0(&dq&0(&'"%8&o1)()(&;+F%*.,&'-&;'-'*1-1%&
:R"&#(&'"&(2*%D !5;+,'*1-1%&2%&(,'&.,%?%"',&0%"&6%"1*1-&"15%*&c.51-1)3&;,%"&'"1-&V_s3&#4"0&'&;1,*'*&"15(-(&0(&S)%1)8&
:<\<X8&J1&#,(0&)+&5'%&*,+%()#&51-*&*%5;3&01;+&/%)1-&'/1*8&H,(0&#+&;()*(&0.%&'"%&"1&/.%&5'%&*,'%8& K;1"(&#+&1,+2*(&0(&5.',*(&;(&!5;+,'*3&0(.',(#(&%:'&,+;%*&7(*%6'3&#'&)+&.&7'#+&5(*,()'&-1%8&9("*,1&'&)(&
I5&/%)'*&!"&;,%5+/','&')*'&#+&!5%&#1,?(&)4"?(&0%"*,(&#.')*(3&0%"&;',*('&0,(';*+&'&*,1;1-1%3& ';,.;%'&0(&!5;+,'*3&):'&.7(,%*&#'&).-0'*&-1%&9(#%1)3&#.5'"0'"*1-&?+,F%%&;'-'*1-1%3&#1&?4"01-&#'&-'&
)*,+;1")&#1&.&-'"#(8 ;,%5'&.#'F%(&)+:<&.5.',(3&,+F@1"4"0:.&')*7(-&;(&7(*%6'&)'3&o-.,%"'8&I&7.)*&;,%")&')1;,'&!"#(,#+,%%&)'-(&
:C',&#,(F%&!"&/%)(D 2%&',)&0(&/%1&!5;,(1"+&#1&7%%#'&)'8&9,%"*,(&-'#,%5%3&);1"(&#+&;,%(*("%%&0%"&?',0+&%:'1&=1,'*&,+F@1"',(3&
:C'3&;("*,1&#+&#(('&#(&'5&/%)'*3&5'%&*.*0('1"'&):'&,('-%F'*8&J:'5&7.)*&!"2(-'*&"%#%.0'*+8 .5.,4"01:<&;(&!5;+,'*8&I,(&54"?4%(,('&#+&7%%#'&-1%&'&51,%*&;1,+8
S&01)&-'&/4,)*'&0(&<s&'"%8&!"&'#()*&5.5("*&)(&/(0(&?-15%"0&#1&;,%(*("'&)'3&C%'"(&0(&H."#r8& C1)&!"&/%'6'&;,(#(0("*+&5(0%151-&);1"(&#+&()*(&.&*4"+,+3&"15%*+&R,%)((8&I01"+&7-.,%&;("*,1&
S)*(&!"*,(@'*&0'#+&.&%1@(2*(&2%&0'#+&',(&;-'"1,%&)+&!"*(5(%(F(&.&7'5%-%(8 ;,(.*1-&I%%3&#'&)+&-(&',0+&-'&;%#%.',(-(&F(%-.,3&;,.01#4"0&1"&715&#',(&)(&,%0%#+&;4"+&-'&#(,3&;4"+&-'&
:I23&0(&1"0(8&U%:(&0,'?+3&0',&"1&5+&?4"0()#&)+&5+&!").,&#1&('8 -.#1%"6'&F(%-.,8&9./()*(2*(&#+&;,(.*1-&!%&;./+61%(2*(&;(&.'5("%&)+&)(&,.'?(3&;("*,1&#'&)17-(*1-&-.,&)+&
:>%&#(&7'#%&'#15D )(&,%0%#(&)1)&;4"+&-'&F(%3&!"&H(,8&S)*(&!"&'"1-&<qq&01;+&H$,%)*.)&2%&*,+%(2*(&!"&6','&"15%*+&R5."0.&:&
:K1"*&!"&)(,/%#%1-&,(?(-1%3&#'&512#$(*',3&#.,;&#,('*&0(&H',.-&'-&[-:-('3&7%%"01:%&7,%#+&2%&0(&;%(-('&0(& ';,.';(&0(&P,%()*(8&l9,(.*1-&5+&%'&2%&5+&7'#(&)+&%");%,&0%"&7151-&;-'"*(-.,&',)(3&#(&'1&;,.;,%(*'*('&)+&
;(&(-8 5+&*,%5%*+&);,(&F(%3&#1&#',(&/.,@()#&2%&!%&#.51"%#&;,(.*1-1%8&S1&"1&/+0&F(%%3&0',&!%&'10&2%&!%&);1"&-1%&
G'&<v&'"%&);1"(&#+&)(&01#(&)+&)(&!",.-(F(&!"&?',0'&)*+;4"1-1%&)+1A&lU+&01#&#1&;-+#(,(3&0',& I%%&#(('&#(&!5%&#.51"%#+&(%8&J1&51"#()#3&#%&'-6%%&!5%&'01#&0(&54"#',(3&0',&"1&'5&/.%(&)+&7%1&/+F1*+&
*,(@1%(&)+&.&;+,+)()#&;(&C%'"(3&;(&5%#16'&5('3&#1&@+,@%'&,.F+&2%&0%"6%%&(%&5%#16%n8 0(&"%5("%8&!"&7%(#',(&F%&'01"&7-.,%&0(&%,15&;(&#',(&;,(.*1-&-(&0(;1"(&-'&'-*',3&%',&)(','&-(&',0(8&
G'&<^&'"%&);1"(&#+&)(&7464%(&;(&-4"?+&H$',-.**(&0(&U."*5.,("#r3&0(&-'&#',(Z"1:%&71?(&?4"01-8&S& c();%,4"0&7151-&-.,3&*,1;1-&5(1&,+54"(&=.)3&%',&(1&5+&,%0%#&!"&)1)3&#+*,(&F(%8n&G'&!"*,(@',('3&#15&)(&
!"*,(@'*&0'#+&)(&@1#1,+&"15'%&(-&0(&7'/.,1,%-(&'#()*(%&*%"(,(3&-'&#',(&5(0%151-&,+);1"0(A&la3&2*%1& /(0(&#4"0&)(&,%0%#+&)1)3&,+);1"0(A&lH'&1"&?-.@&'-@8&I%%&5+&%1@(2*(&2%&5:'&#,()#1*&0(&5%#+3&#(,4"01:
@%"(&#+&('&#.#$(*('F+&2%&#1&o,'"2.%)3&#',(&(&0(&'#(('2%&/4,)*+&#1&5%"(3&0',&;16%"&!5%&;')+&0(&')*'n8 5+&;+,%"6%-.,&5(%3&#',(&5:'1&0'*&#1&@1#1,%(8n
G'&<V&'"%&(&;'=&-'&#1,*('&,(?(-1%8&G'&!"*,(@',('&#(&7'#7=Q&(-&-'&#1,*(3&,+);1"0(A&lS%3&#(&)+&7'#D& C()#,%(&#+&7%%"0&5%#+3&0(&^&'"%3&'&7.)*&-1'*+&)+&7%(&)'#,%7%#'*+&F(%-.,3&0',&'&7.)*&)#+;'*+&0(&1"&*4"+,&
H."01#&0.'5"(-(&:&2%&#1&1"&?()*&?,'6%.)&!"*%"0(&54"'&2%&#1&)1,4)1-&;(&@1F(&%5%*+&#."01#(,('&1"(%& #.5'"0'"*&,+F@.%"%#3&"15%*&x(1)8&H4"0&):'&7+#1*&5'%&5',(3&);1"(&#+&<:'&%1@%*&2%&-'&,4"01-&(%&<:'&
0.'5"(&'&#1,6%%8&C'1&)#'1"1-&2%8!"0,(;*&,.#$%'&0.'5"(-.,&2%&#4*(.0'*+&5+&;-(#&2%&-(&)+,1*&;%#%.,121-8& )#+;'*&0%"&!"#$%).',('&1"0(&'&7.)*&!"#$%)&0(&1"&'0/(,)',&'-&)+13&#1&"15(-(&0(&x.'"%5(E8
I3&*,(@1%(&)+&2*%%&#+&"1&)(&;(,5%*(&-'&*.6%&;'=%%&)+&)+,1*(&;%#%.,1-&0.'5"(-.,8&U%&)(&);1"(&#+&)1"*&
0,+?16&;("*,1&#+&'5&.#$%&'-@'2*,%&2%&;+,1-&@-."08&C.'5"(-(&5+&;-'#&2%&(1&-(&/.%&;-+#('&#4"0&/.%&7%& H:))))))24))))))&

5'%&5',(8n
G'&s&'"%&);1"(&#+&*'*+-&)+1&!-&/'&*,%5%*(&-'&#1,*(3&)+&)(,/(')#+&0(&;'=8&S&!"*,(@'*&0(&.#1;'6%'& H1 & 0()#,%(,(' & '#()*(% & /%(6% & )( & *(,5%"+ & (L;(,%("6' & -1% & p.1/%(,3 & #+#% & 0( & '%#% & !"'%"*( & );%,%*1-&
*'*+-1%&)+1D&lH153&"1&2*%%D8&S&;'F"%#1-&#')(%&0(&U."*5.,("#r3&-'&H%/,r8&R&):'&;,.5%)&#+&5+&/.,&-1'& 5(0%151-1%&"1&5'%&/(0(&#-',&!"&/%(6%-(&)'-(&'"*(,%.',(8
#'&;'=&-'&#1,*(3&0',&)(&*(5(&)+&"1&5+&)*,%#&'#.-.8n !"&,(F15'*3&5(0%151-&"(:'&0()#,%)&".1+&0%"&/%(6%-(&)'-(&'"*(,%.',(8&!"&;,%5'&'&7.)*&U',?',(*'&
U(0%151-&(&'01)&0%"&".1&!"&)*',('&0(&7(*1)&2%&5'%&';.%&0(&);%,%*8&C%"&'#()*&)*'0%13&%&)(&#.5'"0+& C1#$()"(8&!"&/%'6'&;,(#(0("*+&'&7.)*&@+,@'*3&1"&)#1-;*.,&!"&;%'*,+8&!"&'&*,(%'&'&7.)*&1"&#.;%-&.,7'"3&
)+&*,('#+&!"&7'F'&0(&!"*,1;'*3&!"&5.5("*1-&5.,6%%&)'-(8&!"*,(@'*&#(&/4,)*+&',(3&,+);1"0(&#+&',(&Vq&0(& "15%*&x(""r&G10./%#8&!"&'&;'*,'&/%'6+&'&7.)*&@+,@'*&2%&)(&"15('&U%#$(-&p(,r8&!"&'&#%"#('&'&7.)*&.&
'"%8&K(&"15(2*(&U',%(**(&U',*%"3&7'#(&-(#*1,%&1"(%&0.'5"(&#(&'/('&1"&@+%'*3&;(&N')*."r#',(&0'#+&": %")*%*1*.',(3&"15%*+&U',%(**(&U',*%"8&!"&'&2')('&'&7.)*&)*',(6'&1"(%&5+"+)*%,%8&!"&'&2';*('&:&.7%6(,&!"&
',&7%&51,%*&:&.5.,4*&0(&#'-1-&)+1&:&',&7%&0(/("%*&).61-&)+13&#."*,'&/.%"6(%&5'5(%&)'-(8 ',5'*'&-1%&U(,./((3&#',(&'&-1;*'*&#."*,'&-1%&I**%-'8&!"&'&.;*'&:&).-0'*&;(&*%5;1-&!5;+,'*1-1%&,.5'"&
C1)+&-'&<v&'"%3&(&!"*,(@'*+&#(&7'#(8&c+);1"0(&#+&'#15&(&-'&#."*()'&0(&N1%)(3&1"0(&;,(0+&-(#*1,%& 9,.@1)8&!"&'&".1'&:&/()*'-+&!"&*(5;-1-&0%"&6','&R5."0.8
"(;.*1-1%&(%8&G'&/4,)*'&0(&d&'"%&);1"(A&lU'5'&(&)1;+,'*+&#+&*'*'&(&5(,(1&@.-"'/&2%&"1&5'%&;.'*(& I#(')*+&)*,+-1#%*+&(L;(,%("6+&'&-1%&p.1/%(,3&'-+*1,'*+&0(&#(-(&'-(&-1%&c.#$')&2%&'-(&'-*.,&51-6%&
7'#(&0()("(&;("*,1&,(?(8n&S)*(&!"*,(@'*+&0(&#',(&,(?(&(&/.,@'&lJ1&2*%%D&S&o%-%;&#(-&o,15.)8n (L;(,%5("*'*.,%3&;1"(&!"&(/%0("6+&(L%)*("6'&1"(%&%"0%/%01'-%*+6%&:&);%,%*1-&:&#',(&!5@,'#+&!"&0(#1,)1-&
U(0%151-&(&,('01)&;4"+&-'&7'F'&0(&);%,%*8&!"&'#(')*+&)*',(3&"1:2%&0+&)('5'&#+&'&51,%*8&R&)(&;',(&#+& /('#1,%-., & 0%7(,%*( & *,1;1,% & 15'"(3 & 0(/("%"0 & 0%7(,%*( & ;(,)."'-%*+6%3 & #( & !2%& 0(';+"+ & /%'6' & ;(& )#("'&
(&*.*&.5&;(&;+54"*8&K*',('&'#(')*'&#."71F+&)(&0'*.,(2*(&"15(,.')(-.,&)'-(&?,(2(-%3&7+#1*(&;(&#4"0&(,'& ;+54"*1-1%&01;+&#15&1"&'#*.,&=.'#+&,.-1,%-(&)'-(3&;(&)#("'&1"1%&*('*,18
!"*,1;'*8&!"*,:'0(/+,3&!"&;,(#(0("*'&/%'6+&'&7.)*&)*',(6'&1"(%&5+"+)*%,%3&*%,'"%F4"0&*%"(,(&7(*(3&0%"& H(&)1@-%5&'&.,4"01%*&P'*+-&#,('6%'M&9,%"&#4*(&/%(6%&'&*,(#1*&.51-M&H1&#4*+&0125+"%(&2%:'&1,5+,%*&
.,0%"1-&#(-.,&0(&)1)3&7%"4"01:-(&!"&#',#(,(3&7+,+&).',(3&2%&;1"4"01:-(&)+&-1#,(F(&-1#,1,%&5%?+-.')(&#1& )(5("1-M&H4*(&#,%5(&'&#.5%)3&;("*,1&'&!"-+*1,'&;(&#(-&#',(&;+,('&#+&)*+&!"&0,151-&'5@%6%%-.,&)'1&
'#1-8&!"*,(@'*&!"&#(&'"&*,+%(2*(3&,+);1"0(A )#.;1,%-.,& )'-(M&C.,%5&)+& ,(/(0(5& '#()*(&#,%5(D&H1 &#(& -%"%2*(& )17-(*(')#+&'5& 5'%& *,+%3&/+F4"0&
:<q<q8 =.)"%#%'&/%(6%-.,&".')*,(&0%"&'-*(&*%5;1,%D&C'#+&'5&#1".'2*(&*.'*(&7';*(-(&".')*,(3&0'#+&',&2*%&2%&#(%&
:H(&,(?(&*,+%(2*(&'#15D #',(&'1&)17(,%*&0(&;(&1,5'&".')*,+3&,(#1".)#4"01:"(3&',&#+1*'&)+&)(&,+F@1"(&2%&#,%5(-(&):',&6%"(&x'"68&
:c.@(,*&'-&RR:-('3&H';(*1-8&J1:5%&/%"(&)+:%&;,."1"6&"15(-(3&#+#%&0%"&#'1F'&-1%&7,15.')'&p-'"#$(& [+F4"01:"(3&',&)*,%?'&!"&?1,'&5',(&2%&-15('&',&#+1*'&)+&)1;,%5(&0%"&)4"1-&(%&1"&')(5("('&*4-$',&)'1&
0(&9',%)&(&!"#$%)+3&;("*,1&#'&7,'*(-(&(%&c.@(,*&)+:%&%'&*.'*+&'/(,('8 #,%5%"'-8
G'&^q&0(&'"%&)(&/(0(&;,(?+*%"0&*%"(,(&7(*(&#',(&0.,()#&)+&)(&#+-1?+,(')#+8&S)*(&!"*,(@'*+A a3&0'#+&'5&#1".'2*(&F%-(-(&"(?,(&#(&"(&'2*(';*+&!"&/%%*.,3&#1&#(&#1,'=&'5&5'%&*,+%&F%-(-(&#(&"(&
:9("*,1&#',(&5.*%/&)1"*&'01)(&)+&)(&#+-1?+,(')#+D 0();',*&0(&'#(-&'##%0("*3&0(&'#(-(&)17(,%"6(&)'1&"(".,.#%,%&;1)(&!"&0,151-&/%(6%%3&;("*,1&'&)#.'*(&0%"&
:9("*,1&#'&7,'6%%&-.,&)+&-(&%'&'/(,('8 Q (-(&!"6(-(;#%1"('&#(&"(&-%;)(2*(D
:H%"(&6%:'&'01):.&;(&p-'"#$(&0(&9',%)D M C%/%"1- & H,('*.,& '& %")*%*1%* &1%*',('/ &#' &)+ & "1 & 5'% & 2*%5& *,(#1*1-& ,12%".)3 & "%#% & /%%*.,1- & ;-%" & 0(&
:J1&;.*&)+:6%&);1"8&U%:(&7,%#+&0(&'@'*(-(&H$.%)(--()83 -'#,%5%&2%&01,(,%&)742%(*.',(8&a5("%,('&*,(@1%(&)+&*,+%')#+&-%"%2*%*+3&#1".)#4"0&0.',&/%'6'&;,(F("*+8
:C',&#(&(2*%&*1&!"&5+"+)*%,(D É&É&% H(&7(,%#%,(&',&7%&;("*,1&);%,%*&0'#+&',&;1*('&1%*'&2%&(-3&0',&()*(&%5;.)%@%-3&#+#%&1%*',('&',&(#$%/'-'&
:K1"*&)1;(,%.',+&0(&Vq&0(&'"%&!"&5+"+)*%,('&lH.5;'?"(&0(&x()1)n&2%&'5&)1@&.,0%"(-(&5(-(&Vq&0(& #1&5.',*('&);%,%*1'-+8&K;%,%*1-&()*(&.&7%%"6+&#',(&/'&*,+%&!"&/(2"%#%(&2%&1%*',('3&"((L%)*4"0&;("*,1&(-3&
#+-1?+,%6(3&0',&);(,&)+&7%1&'/'")'*+&#'&)*',(6+3&#4"0&/.%&'/('&)1@&54"'&5('&*.*1-&2%&*.'*+&-15('&-'& ?,(2(-%-(&#.5%)(&!%&/%"&5(,(1&!"&5%"*(3&%',&,(512#',('&7';*(-.,&)'-(&1"(.,%&()*(&'*4*&0(&?,.'F"%#+&
;%#%.',(-(&5(-(8 !"#4*&0.,(2*(&)+&)(&,(!"*,1;(F(&;("*,1&'&"1:2%&5'%&'5%"*%&0(&(-(8
P,(#1*&!"&7'F'&0(&);%,%*3&5(0%151-&);1"(&#+&!-&0.,&.#$%%3&2%&!2%&;.',*+&54%"%-(&;()*(&.#$%8&!"*,(@'*& C.'5"(3&%',*+&?,(2(-%-(&".')*,(3&2%&0+:"(&;1*(,%&)+&"1&-(&,(;(*+5M
0%"&#(&#'1F+&)17(,+3&,+);1"0(&#+&7%%"0&).-0'*3&'&7.)*&;,%")&0(&I**%-'3&-'&H$'-.")&)1,&U',"(&2%&#+&0%"& U+,%,(&P'*+-1%3&o%1-1%&2%&K74"*1-1%&C1$3&!"&/(#%8&I5%"8
.,0%"1-&-1%&%&):'1&',)&.#$%%8&J1&'/('&-'&'#(')*+&(;.#+&0(#4*&X<&0(&'"%3&)(&"15('&H',-.5((&2%&(,'&
#.5'"0'"*1-&1"(%&1"%*+6%&7,'"#(F(3&)1@&.,0%"(-(&-1%&U').((3&%',&0(')1;,'&*1*1,.,&#.5'"0'"6%-.,&'/('&
;(&U',./((8&I#(')*+&-1;*+&'&'/1*&-.#&!"&'"1-&dds8&!"*,(@'*&0'#+&#1".'2*(&;(&C15"(F(13&,+);1"0(
UV_ >()*%"18&27181% cVc

I&$%#'+*)-,+*+# R"7-1("6'&?4"01,%-.,3&0.,%"6(-.,&2%&7';*(-.,&!"&7.,5',('&0()*%"1-1%

9("*,1&'&"1&5'%&@4=@4%&!"&!"*1"(,%#3:&#'&.,@1-&-%;)%*&0(&/(0(,(3&(&"(/.%(&)+&#1".'2*(5&5',('&-(?(&
'&#'1F'-%*+6%%3&8(-('&#'1M(82,/&3%&'&(;(#*(82,/&#1".)#1*+&!"&a,%("*&)1@&"15(-(&0(&I',7'&6&'#6%1"(&:%',&
C1;+&#(&'5&-1'*&#1".2*%"6+&0(&;+,6%-(&#.")*%*1*%/(&'-(&.51-1%3&0(&#."*%"1'&-1%&;,(7'#(,(&2%&0(& !"&;.;.,1-&".)*,1&5()*%"/&-(?(&.?-%"0%*+&!"&/.,@'&,.54"1-1%A&BH(&)(5("%3&'#(('&/(%&#1-(?(E8
5(,)1-&)+1&:&-'&1"%%&5'%&-("*3&-'&'-6%%&5'%&,';%0&:&;(&#+,',('&(/.-16%(%3&)+&/.,@%5&0(&5',('&-(?(&'& !"&*%5;1-&(L%)*("6(%&)'-(&*(,()*,(3&.51-&(5%*(&0%"&7%%"6'&)'&*,(%&7(-1,%&0(&7.,6(8&U'%&!"*4%&(5%*(&
#'1F'-%*+6%%3&#',(&;,(F%0('F+&,(!"*,1;+,%-(&.51-1%3&'-(&*1*1,.,&/%(61%*.',(-.,&2%&-15%-.,8 0%A,'.%%&7("*'8(/ &"15%*( &-E"51,%/ &#',(&)(&,+);4"0()#&!"&%"7%"%*8&S-(&-1#,('F+&!"&=1,1-&".)*,1&)1@&
P.* & #( & (L%)*+ & ',( & . & #'1F+ & #,('*.',(8 & a,%#( & 7';*+ & ;,.01)+ & 0( & 1" & .5 & ',( & 1" & 5.@%-3 & . & #'1F+& 7.,5'&1".,&#'1F(&1,%'2(3&;,.01#4"0&(7(#*(&!"&7%(#',(&)(#1"0+&2%&-'&.,%#(&0%)*'"6+3&')1;,'&.,%#+,(%&
0(*(,5%"'"*+8&9,%"&1,5',(3&7';*'&()*(&(;(#*18&1"(%&#'1M(9&!"&'"15%*(&!5;,(=1,+,%&(7(#*1-&;.'*(&0(/("%& 7%%"6(&)'1&-1#,13&')1;,'&.,%#+,(%&5'*(,%%&)'1&7.,6(8&9,%"&?4"01,%-(&)'-(3&.51-&0(/%"(&1"&(5%6+*.,&0(&
.&#'1F+3&?("(,4"0&-'&,4"01-&)+1&1"&'-*&(7(#*8&H1&'-*(&#1/%"*(3&!"&)#1,?(,('&*%5;1-1%&7+,+&)74,2%*3& 1"0(3&#',(&'#6%."('F+&5'%&)-'@&)'1&5'%&*',(3&5'%&';,.';(&)'1&5'%&0(;',*(3&01;+&#15&2%&?4"01-&)+1&'&
#'1F(-(&2%&(7(#*(-(&)(&!"-+"61%()#&-'&%"7%"%*8&a,%?%"('&*1*1,.,&#'1F(-.,&()*(&H,('*.,1-8 7.)*&0%#*'*&0(&.&/.%"6+&5'%&*',(&)'1&5'%&)-'@+8
T"&.5&#1&)+"+*'*('3&%"*(-%?("6'3&)%*1'6%'&)'&).#%'-+3&#1&*.'*(&!")12%,%-(&7%%"6(%&)'-(&;+54"*(2*%3& G:'5&;1*('&#.5;','&;(&.53&!"&#(('&#(&;,%/(2*(&?4"0%,('&)'3&#1&1"&5'?"(*3&#',(&'#6%."('F+&!"&
)17-(*(2*%&2%&);%,%*1'-(3&()*(&,(F1-*'*1-&1"(%&)(,%%&"()74,2%*(&0(&#'1F(3&;,.01)(&0(&(-&!"&'-*(&/%(6%8 =1,1-&)+1&;(&.&',%(&5'?"(*%#+3&5'%&5%#+&)'1&5'%&5',(3&01;+&#15&2%&(-&()*(&5'%&)-'@&)'1&5'%&*',(8&C',&
!"&(L%)*("6'&.51-1%&"1&%"*(,/%"(&#(('&#(&-15('&"15(2*(&B!"*45;-',(E8&G15('&"(2*%1*.',(&#,(0(&#+& .&#.5;','6%(&5'%&=1)*+&',&7%&'#(('&#1&1"&;.)*&0(&(5%)%1"(&,'0%.7."%#&)'1&*(-(?,'7%#8&I#()*&#("*,1&
!"*45;-',('&7'#(&#'&1"1-&)+&7%(&".,.#.)&2%&'-*1-&"(7(,%#%*8&a51-&7'#(&')(5("('&'7%,5'6%%&;("*,1&#+&"1: (5%*(&1"0(&#',(&)(&,%)%;()#&0(&=1,&!5;,(=1,1-&)*'6%(%&,'0%.7."%#(3&;(&0%)*'"6(&#1&'*4*&5'%&5',%3&#1&#4*&
2%&#1".'2*(&/%(6%-(&*,(#1*(3&"1&2*%(&#(&#."01%*+&'&'/1*&!"&'#(-(&(L%)*("6(3&"1&;.'*+&)+&7'#+&.&-(?+*1,+& (5%)%'&'&7.)*&5'%&;1*(,"%#+8&C',&')1;,'&'#()*(%&;,.@-(5(&/.5&,(/("%&5'%&*4,F%18
!"*,(&/%'6'&'#*1'-+&2%&7';*(-(3&)("*%5("*(-(&2%&?4"0%,('&#(&%:'1&7,+54"*'*&7%%"6'&!"&'-*( &(L%)*("6(8&C%"& I&0.1'&#'*(?.,%(&0(&7.,6(&'-(&7%%"6(%&".')*,(&)1"*&52,%".(8(9&S-(&)(&"')#&!"&)17-(*1-&".)*,1&2%&)(&
'#()*&5.*%/3&#4"0&!"*4-"%5&1"&(/("%5("*&!"&#'-('&".')*,+3&'/(5&%5;,()%'&#+&!"*45;-',(' &'&7+#1*&)+& 7%L('F+&#'&%5(%6;2,.(&!"&#.,;1-&".)*,1&5("*'-8&I%#%&/%@,('F+&#."*%"11&2%&'2*(';*+&5.5("*1-&;,%(-"%#&
*,(#(5&;,%"&'#(-&(/("%5("*3&#+&;1*('5&)+:<&(/%*+5&0'#+&!"&*%5;1-&'#(-'&"1&(,'5&'#.-.8&C'#+&'5& 0(&5'"%7()*',(3&)+&)(&,('-%F(F(&:&7%(&!"&-15('&(*(,%#+3&7%(&!"&-15('&7%F%#+&;+54"*(')#+8
0(6%"(&7'#1-*'*('&);%,%*1'-+&)*+;4"%*+&0(&7.',*(&;16%"%&.'5("%&:&0(&'&/(0('&!"&1,5'&/('#1,%-.,&2%,1-& !"&7%"(3&'&*,(%'&#'*(?.,%(&0(&7.,6(&)1"*&7.,6(-(&7%F%#(&0("15%*(%';*(3&2%&)1"*&;1)(&!"&-1#,1&0(&#(-(&
"()74,2%*&0(&-.#1,%3&7'5%-%%3&"'6%1"%&!"&#',(&'5&*,+%*&'-*+0'*+&:&'5&;1*('&(L'5%"'&7%(#',(&/%'6+3&#1& 0.1+&7.,6(&0()#,%)(&5'%&)1)A&?4"01,%&2%&0.,%"6(8
7';*(-(&".')*,(3&#1&0.,%"6(-(&#(&"(:'1&54"'*&(L%)*("6'3&#1&)("*%5("*(-(&#(&"(:'1&#+-+1F%*3&#1&?4"01,%-(& C',&)+&"1&;%(,0(5&0%"&/(0(,(&#+&("(,?%%-(&5("*'-(&)1"*&#(-(&5'%&;1*(,"%#(3&#+#%&(-(&'#6%."('F+&
#(&"(:'1&0(*(,5%"'*&*.'*(&'#6%1"%-(3&'5&/(0('&#+&'5&;,.01)&#4"0&@1#1,%%3&#4"0&54$"%,%3&'5&#.5%)& ')1;,'&5'*(,%(%&#1&#',(&2%&0%"&#',(&H,('*.,1-&'&#,('*&2%&#,(('F+&*.*1-8
#4"0&7';*(&=1)*(3&#4"0&"(0,(;*+6%&:&;+?1@%"01:%&;(&'-6%%3&#+&!"&1"(-(&/%(6%&'5&#.5%)&#.5;-.*1,%3&#,%5(& K+&/(0(5&'#15&5.01-&#15&'#6%."('F+&'#()*(&*,(%&7(-1,%&0(&7.,6(&#4*&*%5;&*,+%5&;(&;+54"*3&2%&
2%&"(:'5&*.,*1,'*&)(5("%%Q&#1&'-*(&#1/%"*(3&'5&?("(,'*&.&51-6%5(&0(&#'1F(&#',(&'#153&!"&'#(')*+&/%'6+3& (7(#*(-(&;(&#',(&-(&;,.01#8&c(F1-*'*(-(&-.,&)(&6()&!"*,(&(-(&#'&7%,(-(&1"(%&;4"F(3&0%"&#',(&/.5&#.")*,1%&
)'1&!"&#(-(&/%%*.',(3&!2%&;,.01#&(7(#*1-8 /%%*.,1-&".)*,1&#.,;&/%*'-&2%&7%F%#3&0(*(,5%"4"0&')*7(-&2%&7(-1-&0(&/%'6+&#(:<&/.5&'/('&!"&/%%*.',('&
9,%"&'#()*(&7';*(3&?4"01,%&2%&)("*%5("*(&"(:'5&#,('*&1"&0()*%"&@1"&)'1&,+13&#',(&*,(@1%(&;-+*%*& ,(!"*,1;',(8&H1&'-*(&#1/%"*(3&)+&/(0(5&7(-1-&!"&#',(&'#()*(&*,(%&7(-1,%&0(&#'1F(&#.")*%*1(&0()*%"1-&
"(';+,'*3&')(5("('&1"(%&0'*.,%%8 ".)*,1&/%%*.,8&K+&"1&1%*+5&!")+&#+3&!"&/%'6'&)'&;(&;+54"*3&.51-&',(&!"&7'6'&)'&0.1+&0()*%"(A
J15'%&')*7(-&'=1"?(5&-'&#1".'2*(,('&;(,7(#*+&#+&)1"*(5&#(('&#(&'5&#'1F'*&'-*+0'*+3&#+&)17(,%5& <8 1"&0()*%"&0%"&/('#1,%-(&*,(#1*(3&#',(&<:'&'01)&'%#%&1"0(&()*(&'#153&#1&7%F%#1-3&%"*(-%?("6'&2%
;("*,1&#+&%:'5&7+#1*&;(&'-6%%&)+&)17(,(3&#+&"(&@1#1,+5&;("*,1&#+&'5&54"?4%'*&'-*+0'*+3&2%&'2'&-'&%"7%"%*8& )*',('&)'&).#%'-+Q
[+-1-&#(&'#.;(,+&*,(#1*1-&')#1"0(&#'1F(-(&)*+,%%&".')*,(&0%"&;,(F("*8&!")+&*.'*(&/.,&7%&0()#.;(,%*( &-'& V8 '-&0.%-('&0()*%"&()*(&6()1*&0(&'#15&!"#.-.3&#.5@%"4"0:1-&;,%"&#(-(&*,(%&7.,6(&0(&5'%&)1)8
/,(5('&-.,8&!"&;-'"1-&#,('6%(%&P'*+-1%&()*(&#1;,%")&#'&-1#,1,%-(&)+&7%(&'2'&#15&)1"*&'#153&'0%#+&)+& o(,%#(&0(&.51-&#',(&'#$%*+&#4*&5'%&51-*&0%"&0'*.,%%-(&/('#1,%-.,&*,(#1*(3&2%&;(&0(&'-*+&;',*(&)(
;-1*%5&!"&"(2*%%"6+3&;4"+&#4"03&;,%"&)17(,%"6+&2%&01,(,%3&;4,?$%'&#1".'2*(,%%&"(&/'&,%0%#'&-'&.&/%'6+& )%-(2*(&)+&"1&5'%&#."*,'#*(F(&'-*(-(&".%8&!"&'#()*&#'F3&/%'6'&)'&*(,()*,+&/%%*.',(&!%&/'&7%&5'%&12.',+3&5'%&
!"6(-(';*+8 -%;)%*+&0(&)17(,%"6(&7%F%#(&)'1&)17-(*(2*%8
P,+%5&'F%&:&!"&#(('&#(&;,%/(2*(&;,.@-(5(-(&);%,%*1'-(&:&')(5("('&)+-@'*%#1-1%&#',(&"1&#1".'2*(& H4*&0(&#.5;-%#'*+&()*(&/%'6'&.51-1%3&#4*(&7%,(&!"".'0+&!"&(L%)*("6'&)'3&;,%"&"("15+,'*(-(&-(?+*1,%&
"%5%#&0%"&-(?%-(&-15%%&7%F%#(8&S-&#.")%0(,'&;-.'%'3&/4"*1-3&71-?(,1-3&#1*,(51,1-&(*#3&#'&7%%"0&7(".5("(& #."*,'#*'*(&#1&'-*(&7%%"6(M
;,.01)(&-'&!"*45;-',(3&7+,+&#'1F(8&9(&;',#1,)1-&*%5;1-1%3&*,(#4"0&;,%"&"15(,.')(&/%(6%&*(,()*,(3&(-&)(& a51-&)(&"'2*(&#4"0&!"&c.54"%'3&#4"0&!"&o,'"6'3&#4"0&!"&I)%'3&#4"0&!"&I5(,%#'3&!"&0%7(,%*(&
,%0%#+&-'&#1".'2*(,('&7(".5("(-.,&7%F%#(3&'=1"?(&)+&#1".')#+&5'*(,%'&7%F%#+&2%&-(?%-(&#',(&.&#."01#8& 7'5%-%%3&)*+,%&).#%'-(&2%&,(?%1"%3&!"&(L%)*("6'&)'&7%%"0&-(?'*&5'?"(*%#&;,%"&%1@%,(&)'1&1,+&0(&*.6%&#(%&#1&
C%"&'#()*&5.5("*3&#4"0&/'&)*'&!"&7'6'&1"1%&(7(#*&/'&#1".'2*(&#'1F'&#',(&'&?("(,'*:.3&.,%&/+F4"0&.& #',(&/%"(&!"&#."*'#*8&C()*%"1-&)+1&0%"&*,(#1*&)(&!"".'0+&#1&#(-&/%%*.,&2%&0()*%"1-&)+1&%"0%/%01'-&)(&
#'1F+3&/'&2*%&#(&/'&1,5'&:&(7(#*1-&(%8 -('?+&0(&0()*%"1-&#.-(#*%/%*+6%%3&'-&"'6%1"%%&0%"&#',(&7'#(&;',*(8&C(&'%#%3&.&,(6('&7.',*(&#.5;-%#'*+&0(&
C1;+&#15&0%"&"(2*%1*.,3&.51-&'&;+2%*&!"#(*1-&#1&!"#(*1-&);,(&#(,#(*',('&"'*1,%%3&#42*%?4"0&5(,(1& -(?+*1,%&);%,%*1'-(3&#',(&*.'*(&*,'?&0(&.5&);,(&'"15%*(&-.#1,%3&)*+,%&).#%'-(&2%&#."0%6%%&0(&(L%)*("6+8
#1".2*%"6(&2%&)*'@%-%"03&;(&;',#1,)1-&'&5%%&2%&5%%&0(&/('#1,%3&-(?%-(&2%&#."0%6%%-(&#',(&0(*(,5%"+&1"& [.5&-+)'&0(.;',*(&;,.@-(5'&0()*%"1-1%&"'6%1"%%&0%"&#',(&7'#(&;',*(&1"&.53&;("*,1&'&1,5+,%&0.',&
'"15%*&7(".5("&7%F%#3&*.*&')*7(-3&,%0%#4"01:)(&0%"&#(&!"&5'%&)1)3&;(&)#','&);%,%*1'-%*+6%%3&.51-&/'& 0()*%"1-&)+1&%"0%/%01'-&:&#',(&!-&-('?+&!"&-'"61,%&;1*(,"%#(3&01#4"01:<&-'&.&/%'6+&,(01)+3&)'1&!%&0+&
'=1"?(3&!"&/('#1,%-(&#(&/.,&1,5'3&)+&#1".')#+&!"&-15('&5(*'7%F%#+3&!"&-15('&%"/%F%@%-+3&5'*(,%%-(&2%& ;1*%"6'&1"(%&/%(6%&,.0"%#(3&%"*(-(#*1'-(&2%&5.,'-(3&0(/("%"0&')*7(-&1"&#("*,1&);%,%*1'-&#(&/'&,'0%'&!"&
7.,6(-(&#',(&-(&;1"&!"&'#*%/%*'*(3&/'&2*%&)+&54"1%')#+&'#()*(&5'*(,%%&2%&7.,6(8&I*1"#%&/'&7%&#."2*%("*&#+&!"& =1,1-&)+1&,'F(&"(/+F1*(3&;,.01#4"0&(7(#*(&,('-(&2%&;,(#%)(3&'*4*&!"&7'5%-%(3&#4*&2%&-'&"%/(-1-&"'6%1"%%&!"&
0.5("%1-&5.,'-(%&2%&'-&/%(6%%&);%,%*1'-(3&-1#,1,%-(&)(&;(*,(#&#'&2%&!"&-15('&7%F%#+8&C1;+&#(&/'&!"6(-(?(& #',(&*,+%(2*(8
#+&.,%#(&'#6%1"(&()*(&1,5'*+&0(&.&,('#6%1"(3&/'&01#(&.&/%'6+&5'%&#15;+"%*+3&5'%%#."2*%("*+3&6()4"01:2%& H1 &. &'-*+&.#'F%(3&'5&',+*'*& 5.01-&#15&;,%"&?4"01,%-(&".')*,(&,(7'#(5&2%&.,?'"%F+5& #.,;1-&
!"&5.0&#."2*%("*&0()*%"1-8&!2%&/'&)+0%&.&/%'6+&/%%*.',(&5'%&7(,%#%*+Q&"1&/'&54%&7%&=1#+,%'&"'*1,%%3&#%&!2%&/'& ;(,%);%,%*1'-8&!"*,:'0(/+,3&#4"0&?4"01,%-(3&;,(.#1;+,%-(&".')*,(&5("*'-(&)1"*&.@%2"1%*(&2%&%"7(,%.',(3&
')(,/%&"'*1,'&)#.;1,%-.,&)'-(8 #(-(&'-(&(L%)*("6(%&0(&*.'*(&F%-(-(&:&5()(&#.;%.')(3&#$(71,%3&;-+#(,%&)("F1'-(3&1,F(-%&#'-.5"%.')(&.,%&
P,+%"0&5'%&!"6(-(;*3&%1@%"0&2%&'=1*4"01:%&;(&#(%&"(7(,%#%6%3&,1?4"01:)(&H(-1%&I*.*;1*(,"%#3&.51-&"1& ,+F@1"+,%&(*#8&:&;(,%);%,%*1-&0(/%"(&5'%&?,.).-'"&0(#4*&(,'&;4"+&'*1"#%3&;,%"&7';*1-&#+&)(&!5@%@+&#1&Å&
/'&5'%&'/('&1"&0()*%"&?,(13&%',&#'&1,5',(&'&'#()*1%&7(-&0(&/%'6+3&#1,4"0&/'&,+,%&;(-(,%"'=1-&0(&-'& 5'*(,%( & (*(,%#+ & 0(& ;,.')*+ & #'-%*'*(3 & 0%" & 5(0%1- & !"#."=1,+*.,8 & H4"0 & ?4"01,%-( & ".')*,( & )( & !"'-6+ & -'&
;+54"*&-'&H(,&2%&0(&-'&H(,&-'&;+54"*8&c.'*'&5.,6%%&2%&'&"'2*(,%%&)(&/'&!"/4,*%&5'%&0(;',*(3&0',&"1& ;,.@-(5(&2*%%"6%7%#(3&-'&;,(.#1;+,%&0(&7(-1-&,%0%#+,%%&"('51-1%3&121,',('&01,(,%%&#(-.,&"(7(,%#%6%&(*#3&#1&
;("*,1 & ':< & ,('01#( &-' & )17(,%"6+8 & S- & /' &0(/("% &1" &);%,%* & -15%".)3& 01#4"01:2% &0( &'*1"#% & !"& /(#% & .& '-*(&#1/%"*(&:&-'&%0(%&0(&1"&.,0%"&)1;(,%.,3&'*,'?(5&0%"&);'6%13&7+,+&2*%,('&".')*,+3&5'*(,%%&(*(,%#(&0(&.&
(L%)*("6+&);%,%*1'-+3&'=1*4"0&h&0(&)1)&0%"&);'6%13&2%&=.)&;(&;+54"*&:&;*(&#(%&)-'@%&2%&"(2*%1*.,%3&;("*,1& #'-%*'*(&)1;(,%.',+3&!5@%@4"01:"(&')*7(-&;(,%);%,%*1-&#1&.&5'*(,%(&7-1%0%#+&)1;(,%.',+8
#'&2%&(%&)+:2%&)74,2(')#+&(/.-16%'&;+54"*(')#+8 H1&1"&#.,;&;(,%);%,%*1'-&5'%&7%"3&#1&1"&%")*,15("*&5'%&0(-%#'*3&27186)4%,%*&'#151-('F+&5'%&@%"(&
!")+&;4"+&'*1"#%&.5("%,('&!2%&/'&*4,!&(L%)*("6'&0%"&?,(2(-%&!"&?,(2(-%3&)17(,%"0&;("*,1&'&)(&!"0,(;*'& #1".2*%"6(3&,(7-(#*+&5'%&;,.71"0&')1;,'&#(-.,&/+F1*(3&2%&')*7(-&/'&;1*('&,('-%F'&;-'"1,%&.,%&0()#.;(,%,%&
2%&!"/+6'8&94"+&'*1"#%3&@%(*1-&.5&#,(0(&#+&*.*1-&!%&/%"(&0%"&-15('&!"#."=1,+*.',(3&#+&(-&"1&()*(&0(#4*&1"& ?("%'-(3&7.-.)%*.',(&.5("%,%%8&a,&*.#5'%&'#()*&?("&0(&'#*%/%*'*(&%"*(-(#*1'-+&#."*,%@1%(&-'&#,(',('&1"1%&
@%(*&71-?&;1,*'*&0(&/4"*3&-'&/.%'&!5;,(=1,+,%-.,3&#+&!"&7'6'&0()*%"1-1%&"1&)(&;.'*(&7'#(&"%5%#8 0()*%"&7,15.)&!"&/%'6'&/%%*.',(8&P.#5'%&'#()*(&;,(.#1;+,%&;,(?+*()#&/%%*.,1-&)+1&#.,;&);%,%*1'-8&S-(
>%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&:&C,%7'&#',*( ,
!-&!"F()*,('F+&;(&.53&!"&/%%*.,3&#1&#'-%*+6%&)17-(*(2*%3&#1&0',1,%&%"*(-(#*1'-(&5%"1"'*(3&#1&.&5%"*(& +/
UVV #1;,%"F+*.',(&2%&!"6(-(?+*.',(&'&#(-.,&5'%&'@)*,'#*(&;,.@-(5(8 >()*%"18&27181%
9("*,1&,('-%F',('&'#()*.,&0%);.F%6%%&)17-(*(2*%3&'#()*.,&7'#1-*+6%3&.51-&*,(@1%(&)+&)(&"')#+&!"*,:1"&
*,1;&;(,7(#*3&#1&1"&)%)*(5&#(,(@,'-&#',(&)+&,+);1"0+&12.,&-'&%5;1-)1,%-(&;,%5%*(&0(&-'&);%,%*8 UVW
C%"&#(-(&(L;1)(&)(&/(0(&#+&.51-&()*(&)%"?1,1-&7+1,%*.,&'-&0()*%"1-1%&)+13&)1;.,*'*&!"&/%%*.',('&)'&
/%'6+&*(,()*,+8&S-&()*(&5(2*(,1-&#',(&!2%&6()(&$'%"'&/%%*.',(3&;(,%);%,%*1-3&2%&01;+&#15&'&;1)&.&?,%=+&5'%& !"&(L%)*("6'&".')*,+&*(,()*,+3&-1"?+&0(&5%%&2%&5%%&0(&'"%3&1,#+5&!"#(*1-&#1&!"#(*1-&)#','&81%&='#2A/ &
5',(&.,%&5'%&5%#+3&'#('&$'%"+&/'&7%&5'%&7%"+&.,%&5'%&?,.).-'"+3&5'%&#1,'*+&)'1&5'%&;+*'*+8&K(&;.'*(& )#','&);%,%*1'-%*+6%%8&C',&0%"&"(7(,%#%,(&"1&(L%)*+&"15'%&)1%21,%3&#%&)1"*&2%&#+0(,%&);%,%*1'-(3&0%"&#'1F'&
#'&'#('&$'%"+&)+&7%(&5'%&7,15.')+&0(#4*&#('&0%"&!"*,1;',('&;,(#(0("*+8&!")+&;.'*(&)+&7%(&%"7(,%.',+3& 1"(%&/%(6%&"().#.*%*(3&'&1".,&?4"01,%&=.)"%#(3&)%561,%&@,1*'-(&2%&7';*(&,12%".')(&)'1&#,%5%"'-(8&H."#-1F%'&
;("*,1 & #+ & !" & /%'6' & '#*1'-+ & ):' & -+)'* & *4,4* & 0( & ;.,"%,%-( & *,1;1-1%3 & ' & 01) & . & /%'6+ & ;,(' & 5'*(,%'-+3 &%',& ()*(&#+&*,(@1%(&)+&"(&)%-%5&)+&'#.,0+5&'*("6%(&?4"01,%-.,&".')*,(&2%&0%"&#4"0&!"&#4"0&)+&"(&.;,%5&
?4"01,%-(&%:'1&71?%*&5(,(1&-'&-1L3&;(*,(#(,%3&.".,1,%3&'0%#+&5%"*('&%:'&7.)*&)*,+71-?(,'*+&0(&%0(%&;,('& 5%"*('&0%"&%"(,6%'&'#*%/%*+6%%&(%&2%&)+&#."*,.-+5&#(&?4"0%58&H4"0&#.")*'*+5&#+&"(:'5&'@+*1*&0(&-'&
;+54"*("(&2%&"1&<:'&;,(.#1;'*&"%5%#&0%"&#(('&#(&-:',&7%&';,.;%'*&0(&)7(,(-(&);%,%*1'-(8&>%:'&6%"1*& )1@%(#*1-&%"%6%'-3&)+&"(&!"*.',#(5&-'&(-3&)+&)*+,1%5&2%&)+&"(&#."#("*,+5&')1;,'&'#(-1%'2%&?4"03&;("*,1&
);%,%*1-&!"&5,(=(-(&5'*(,%(%3&"1&<:'&;1)&!"&-(?+*1,+&#1&H,('*.,1-3&1"0(&'&-1'*&7%%"6+8 #'&%5'?%"('&5("*'-+&#,.%*+&;,%5'&0'*+&)+&.&7.,*%7%#+53&)+&.&7'#(5&5'%&(/%0("*+3&#1&1"&#."*1,&5'%&
P'*+-&"(:'&0'*&1,F('-'&2%&"(:'&0'*&2%&)1/(%#'&:&/.%"6'&#1&#',(&)+&6()(5&;4"F'&7-1%0%#+&'&(L%)*("6(%& ;,(#%)3&')*7(-&#'&5'*(,%'-1-&0%"&#',(&)(&/'&7.,5'&=10(#'*'3&,'6%."'5("*1-&2%&!"/+6+*1,'3&7'#1-*'*('&#(&
".')*,(&/%%*.',(8&I2'0',3&)1"*(5&#,('*.,1-&;,.;,%(%&7(,%#%,%&)'1&"(7(,%#%,%8&o';*1-&#+&"(&'7-+5&5'%&)1)& /'&,+54"(&!"&1-*%5'&'"'-%F+3&)+&7%(&;1*(,"%#8&T,54"0&')*7(-3&5%"*('&".')*,+&0(/%"(&0%"&#(&!"&#(&5'%&
.,%&5'%&=.)&;(&)#','&).#%'-+&()*(&,(F1-*'*1-&51"#%%&".')*,(8&I5&0(*(,5%"'*&#'1F(&#',(&"(&'01#&!"*,:.& #-',+3&/.,@%,('&5'%&#.(,("*+3&".6%1"%-(&5'%&!"'-*(3&,'6%."'5("*1-&5'%&;1*(,"%#8
)*',( & ;-%"+ & 0( & 5%F(,%% & )'1 & !"*,:. & )*',( & 0( & @(-21?8 &P.'*+ & )*',(' & ".')*,+ & ;,(F("*+ & "1 & "(:' & 7+#1*:.& C',&)+&"1&1,5+,%5&"15'% &#8',%*'*(' &%5'?%"%-.,3&#%&5'%&'-() &#'8%*'*(' &2% &41,%*'*(' &-.,8&9("*,1&
H,('*.,1-&:&#15&#,(0&#(%&#',(&"1&#1".)#&-(?%-(&#(,(2*%&:&#%&".%&'5&7.)*&7+1,%*.,%%&(%8&C'#+&'5&-1#,'*&!"& '#(')*'&)+&"(&)%-%5& )+&#%*%53 &)+ &/.,@%53& )+&?4"0%5& "15'%& 0();,( & ;,.@-(5(& )(,%.')(3&2*%%"6%7%#(3&
'#.,0&#1&#."2*%%"6'&".')*,+3&#1&)%561-&5%-(%&2%&'-&%1@%,%%3&"(&/.5&,%0%#'&)1@&*.'*(&,';.,*1,%-(3&%',&0'#+& 7%-.).7%#(&)'1&',*%)*%#(3&%0(%&#(&!5@,'#+&7,15.)1-&)1@&*.'*(&');(#*(-(3&?4"01,%&15'"%*',(&)1@&#."7%?1,'6%%&
'5&*,+%*&#."*,',&-(?%-.,&5.,'-(&2%&'5&-1#,'*&01;+&%5;1-)1,%-(&*,1;1-1%&2%&;.,"%,%-(&;+*%5'2(3&/.5&#+0('& %"7%"%*(8 & N4"0%"0 & ')*7(-3 & $,+"%"0 & 5%"*(' & #1 & ')(5("(' & )1@%(#*( & 2% & (/%*4"0 & 0%)#16%%-(3 & #+,6%-( & )'1&
!"&'@%)3&/.5&'/('&1"&-.#&"(7(,%#%*3&.&/%'6+&;-%"+&0(&@.-%3&0(&-./%*1,%&'-(&).',*(%3&0(&-%;)1,%&5'*(,%'-(&.,%& 7%-5(-(& .@)#("(3& 0(& '/("*1,%3& )(L3 &#,%5+3 & ;(,/(,)%*'*( & 2%& /%'6+ &0()*,+@+-'*+3& ;(& )#1,*3 & #+1*4"0& )+&
0(&!"*1"(#%5('&5%"6%%8&!"&-.#&)+&1,#+5&?,+@%*&#+,+,%-(&@%"(-1%3&7,15.)1-1%&2%&'0(/+,1-1%3&;("*,1&'& !"-+*1,+5&.,%#(&7(-&0(&%5'?%"%&)'1&?4"01,%&%"7(,%.',(3&'*,'?(5&0%"&5(0%1-&!"#."=1,+*.,&;',*%#1-(&
'=1"?(&-'&(-%@(,',('&/%(6%%&;+54"*("(3&#.@.,45&!"&;,.71"F%5%-(&!"*1"(,%#1-1%&2%&'-(&,+1-1%3&,+54"(5& (*(,%#(&7%"(3&#1&1"&?,'0&!"'-*&0(&(/.-16%(8&!"&'#()*&7(-&;(,%);%,%*1-&:&%")*,15("*1-&2%&/($%#.-1-&);%,%*1-1%3&
!"&1,5+3&0(;',*(&0(&#1,)1-&(/.-16%(%&#(&#1,?(&?,+@%*&);,(&;(,7(#6%1"(8 '-&(1-1%&".)*,1&);%,%*1'-3&)1;,(53&7.,5'*&0%"&)#4"*(%'&!"#."=1,'*+&0(&#(-(&*,(%&!"/(-%21,%&#("*,'-(&:/'&
C',&)+&/(0(5&;(&,4"03&#15&-1#,('F+&#(-(&*,(%&7.,6(&:&?4"01-3&0.,%"6'&2%&7';*'&:&')1;,'&".')*,+&2%&'& 0(/("%&0%"&#(&!"&#(&5'%&-15%".)3&/'&'*,'?(&2%&(5%*(&-'&,4"01-&)+13&%0(%3&=10(#+6%&2%&,'6%."'5("*(3&
#(-.,&0%"&=1,1-&".)*,18 5'"%7()*4"0&7'#1-*+6%&)1;(,%.',(3&#',(&/.,&#.")*%*1%&@.?+6%'&".')*,+&);%,%*1'-+3&0',1,%-(&".')*,(&5("*'-(3&
C%"*,(&*.6%&7'#*.,%%&#',(&0(*(,5%"+&/%%*.',('&".')*,+&!"*,1;',(&2%&5.01-&0(&/%'6+&0()7+21,'*&!"&'#('& *'-'"6%%&0%"&/%%*.',('&,(!"*,1;',(8
!"*,1;',(3 &-E"518 &()*(&7'#*.,1-&#(-&5'%&;1*(,"%#3&#(-&5'%&$.*+,4*.,8&S)*(&7%,()#&)+&7%(&'2'3 &0(.',(#(& K+&1,5+,%5&'#15&;,.#()1-&;(*,(#1*&!"&);%,%*&2%&)+&/(0(5&7(-1-&!"&#',(&?4"01,%-(&"(&;,(?+*()#&
?4"01-&()*(&.;(,'&.51-1%&,('-3&'&)#4"*(%%&0%/%"(3&'&);%,%*1-1%&(*(,"3&'7-'*&!"&%"*(,%.,1-&".)*,18&K#4"*(%'& ;("*,1&/%'6'&1,5+*.',(&1"&0()*%"&5'%&@1"3&.,%&5'%&,+1&0(#4*&#(-&'#*1'-8
0%/%"+&;,.01#(&("(,?%(3&#',(&)(&*,'01#(&!"&/%@,'6%%&!"&5'*(,%'&0%/%"+&#(&.&!"/(-(2*(8&I#()*(&/%@,'6%%& K;%,%*1-&.51-1%3&)#4"*(%'&0%/%"+&',(&7'#1-*'*('&0(&'&(5%*(&1"5(&0%A,'*2,%%/&#',(&;1"&!"&5%2#',(&5'*(,%'&
;.',*+ & #1 & (-( &%5(%8(/ &#';*'*( & '-*+0'*+ & 0%" & );'6%1 & 2% & 7.*.?,'7%'*(3 & #-%2(1- & -., & 7%%"0 & ,(6%"1* & !" & =1,1-& 0%/%"+&'&#.,;1-1%&".)*,1&);%,%*1'-8&H.,();1"F+*.,&'#()*.,&/%@,'6%%&)(&"')#&!"&#.,;1-&);%,%*1'-&%5'?%"%&'&
);%,%*1-1%3&!"&;(,%);%,%*8 #+,., & *.*'-%*'*( & 7.,5('F+ & ?4"0%,(' & )'8 & C( & ')(5("(' & #4"0 & . & ;(,).'"+ & /.,@(2*(3 & ;,.01#( & /%@,'6%%&
R0(('&()*(&.&-15%"+&!"/(-%*+&!"*,:.&;.,6%1"(&0(&(*(,&:&"15%*+&-E"5/&#',(&%'&.&7.,5+&2%&;.)(0+&.& ,(#(;*'*(&0(&1,(#$('&".')*,+3&2%&;,%"&7-1%01-&#',(&!"#."=.',+&"(,/1-&'10%*%/&)1"*&*,'")5%)(&7-1%01-1%&#(&
'"15%*+&#1-.',(&2%&/%@,'6%(8 !"#."=.',+&#.,*(L1-&#(,(@,'-3&%',&0(&'%#%&:&;,%"&#.,;1-&;-'"(*',3&).-',3&1"%/(,)%#3&#.)5%#&2%&0%/%"&:&
P,(@1%(&)+&2*%5&#+&?4"01-&"+)#1*&!"&5%"*('&1"1%&.5&()*(&5'%&#."#,(*&)'1&5'%&'@)*,'#*3&5'%& '=1"?&-'&);%,%*3&#',(&;,%/(2*(&'#()*(&%5'?%"%3&-(&/(0(&7.,5'3&#1-.',('&2%&'10(&51F%#'&-., &);(#%'-+3&
#.51"&)'1&5'%&7%-.).7%#3&01;+&7'#1-*+6%-(&5("*'-(&0(6%"1*(&!"&/%'6'&)'&'#*1'-+8&I#()*(&7'#1-*+6%&):'1& !"6(-(?4"0&')*7(-&0();,(&#(&'&/.,@%*&)'1&?4"0%*&%"*(,-.#1*.,1-&".)*,18&R5'?%"%-(&)(&!"2%,+&;,%" &7'6'&
7.,5'*&!"&*%5;1-&/%(6%%&0%"&)7(,(-(&);%,%*1'-(&'-(&9+54"*1-1%3&0%"&5'*(,%'&5("*'-+&#',(&'&7,+54"*'*& );%,%*1-1%3&#'&2%&;,.%(#6%%-(&1"1%&#%"(5'*.?,'78&9,%"&1,5',(3&);%,%*1-&"1&'10(&)1"(*(&#%&/(0(&%5'?%"%8&
5%"*('&.51-1%&;(&#4"0&(,'&!"*,1;'*&;(&;+54"*3&!"&/%'6'&)'&;,(#(0("*+8&I2'0',&?4"0%,('&.'5("%-.,& C( & 51-*( & .,%3 & #1/%"*(-( & )( & *,'01# & ;,%" & %5'?%"% & "(#-',(3 & '/4"0 & 7.,5+ & 2% & #."*1, & "(0()-12%*3 & #1&
()*(&0%7(,%*+3&0(.',(#(&/4,)*'&("*%*+6%-.,&);%,%*1'-(&0%7(,+3&'2'&#15&2%&*,1;1,%-(&".')*,(&)(&0(.)(@()#& %"*(")%*+6%&'@%'&;(,#(;*%@%-(Q&0%"&'#(')*+&#'1F+&"1&)1"*&!"6(-()(&2%&#'&1,5',(&"1&)(&;.*&5(5.,'8&
!"*,(&(-(&01;+&/4,)*+8&a&?4"0%,(&#.51"+&';',6%"(&1"1%&);%,%*&*4"+,3&.&?4"0%,(&'@)*,'#*+&';',6%"(&1"1%& U.*%/1- & #',( & '80(*(,5%"'* & ;,.01#(,(' & %0(%-., & 0+ & '#()*., &;2,7(6-E"51,% &'"15%*( & #1-.,%8 &I2' & 0(&
);%,%*&@+*,4"3&*,(#1*&;,%"&51-*(&/%(6%3&,%0%#4"01:)(&;(&)#','&);%,%*1'-%*+6%%&;,%"&!"/+6+5%"*(-(&*,')(&0%"& (L(5;-13&0'#+&"(:'5&?4"0%*&)+&#15;+,+5&1"&#+,1#%.,&1"1%&;','-%*%#3&.,%&)+&0+5&1"&'=1*.,&@+"()#&
(L%)*("6(-(&*,(#1*(8 1"1%&"(7(,%#%*&6%"*1%*&;(&;'*1-&)+1&0(&@.'-+3&'#()*&?4"0&0(&5%-+&)(&*,'01#(&;,%"*,:.&7.,5+&#.-.,'*+&,.F3&
C%"&#(-(&(L;1)(&,(F1-*+&0.1+&!"/+6+*1,%&5',%3&;(&#',(&(&@%"(&)+&-(&,(6%"(5A !").6%*+&0(&1"&)1"(*&;-+#1*8&H15&5'%&*.*0('1"'&?4"01,%-(&".')*,(&)1"*&!").6%*(&0(&)("*%5("*(3&01;+&
<8)+&"1&5'%&?4"0%5&5(,(13&7+,+&"%#%&1"&,.)*3&0(&1"'&0(&'-*'3&*,(#4"0&0(&-'&1"&)1@%(#*&-'&'-*1-3& #(&%5'?%"%-(&-.,&'1&-1'*&"'2*(,(3&;.,"()#&;,%"&);'6%%-(&(*(,%#(3&;,.01#4"03&)1@&7.,5'&1".,&#'1F(3&(7(#*(&
'@.,04"01:-(&)1;(,7%#%'-3&7+,+&)+&"(&#."#("*,+5&!"&5.0&)(,%.)&')1;,'&1"1%&'"15%*&)1@%(#*Q %0("*%#(&#1&"'*1,'&-.,&!"'-*+&)'1&=.')+8&H(%&#',(&;.)(0+&/(0(,('&);%,%*1'-+&/+0&'#()*(&7.,5(:?4"01,%&
V8)+&"1&;(,5%*(5&)+&)(&"')#+&!"&".%&:&)1@&%"7-1("6'&1".,&7'#*.,%&%"/%F%@%-%&.,%&)1@&%5;,()%%-(&#(-.,& ')(5("('&1"2,&;%%".(&#282,'*(&2%&)2"2,(&2%&;.*&1,5+,%&%);,+/%-(&-.,&!"&-15('&);'6%'-+8&9,%"&0.,%"6(-(3&
;(*,(#1*(&!"&*%5;1-&F%-(%&:&%0(%&=.)"%#(3&"(#1/%%"#%.')(3&0(&#,%*%#+&.,%&1,+&!5;.*,%/'&#1%/'8 ;')%1"%-(&2%&?4"01,%-(&)'-(&".@%-(&)'1&.,0%"',(3&.51-&()*(&1" &#,('*2,&5(&;%%".(/&,(;,.01#4"0&!"&5%#&
C',&)+&/(0(5&#',(&()*(&,'6%1"('&'#()*.,&,(#.5'"0+,%8&C'#+&?4"0%5&0(F.,0."'*&2%&*,(#(5&5(,(1&Q& #((' &#( & H,('*.,1- & 1"%/(,)1,%-., & ' & ;,.01) & !" & 5',(8 & G15(' & 0%" &=1,1- & ".)*,1 & ()*( & ;-%"+ & 0(& $.',0(&
0(&-'&1"&?4"0&-'&'-*1-3&!"2%,4"01:-(&#'&5+,?(-(-(&;(&'6+3&;,.01#(5&!"&#.,;1-&;(,%);%,%*1'-&/%@,'6%%&=& "()74,2%*(&0(&')(5("('&#,('6%%3&'?("6%&;,.01#+*.,%&0(&@%"(&)'1&,+13&("*%*+6%&@("(7%#(&)'1&5'-(7%#(3&
0(F.,0."'*(3&%5'?%"%&#',(&'@%'&7.,5'*(&)(&0%)*,1?&;,%"&%5'?%"('&1,5+*.',(3&2%&'2'&5(,(1&5'%&=&0(;',*(8& 7.,6(&#(&'#6%."('F+&')1;,'&#(-1%&#',(&-(:'1&#,('*3&)'1&'&#(-.,&;(&#',(&!%&/.,&!"*4-"%&!"&#'-(8
I#(')*+&71,*1"+3&'#(')*+&!"/+-5+2('-+&0(&%5'?%"%&'@%'&#."*1,'*(3&'01"+&!"&=1,1-&".)*,1&.&|&5'*(,%(& C1,'*'&/%(6%%&'#()*.,&7%%"6(&!"&);'6%1&0(;%"0(&0(&("(,?%'&#1&#',(&'1&7.)*&!"F()*,'*(&0(&#,('*.,1-&-.,8&
$'.*%#+3&0%"&#',(&);%,%*1-&"1&/'&;1*('&(L*,'?(3&;,%"&'"'-%F+3&"%#%&.&#."#-1F%(&)'1&!"/+6+*1,+3&&&= T"(.,%&/%'6'&-.,&6%"(&"15'%&'*4*&#4*&'&?4"0%*&'1*.,1-&-.,3&'-*(.,%&01,('F+&)+;*+54"%3&-1"%&2%&'"%&0(:'&
a&!"2%,',(&0(&%7'-%"%&0+&;1*%"6+&);%,%*1-1%&)+&7'#+&.&'"'-%F+&'&5+,%5%%3&%"*(")%*+6%%&2%&#1-.,%%&&&=& ,4"01-8&C',&!"&'7',+&0(&7.,6'&%"%6%'-+3&(L%)*("6'&-.,&)(&-1"?(2*(&2%&)(&!"*+,(2*(3&;,%"&,(;(*',('&'#(-1%'2%&
%0(%-.,3&#1&'-*(&#1/%"*(&:&.&#274','.%(&#(&',(&#'&,(F1-*'*&2&G15(#'*+9&a&!"2%,',(&0(&=10(#+6%&0+&"'2*(,(&&& A& ?4"0&!"&F%-(-(&1,5+*.',(8&C'#+&'1*.,1-&-.,&,(/%"(&#1&?4"01-&-'&'#(-('2%&%0(%3&)("*%5("*(&2%&;')%1"%&)'1&
-'&1"&,'.%2"'7("*9&C%"*,:.&)15+&0(&,'6%."'5("*(3&);%,%*1-&(L*,'?(&.&!"0+.+*1,+/&#(&',(&#'&,(F1-*'*&7%"'-& 0.,%"6(3&-(&*,%5%*(&.&".1+&#'"*%*'*(&0(&("(,?%(&;,%"&#',(&(-(&)(&7.,*%7%#+3&0.@4"0%"0&.&5'%&5',(&;1*(,(&
"'2*(,('&1"(%&';*%*10%"%3&'&1"(%&;'#18*+.%9 0(&,(F%)*("6+&!"&*%5;8
a,&0'#+&?4"0%5&5(,(1&7+,+&,.)*3&.&'0(/+,'*+&'/'-'"2+&0(&%0(%&#."71F(&2%&71?%*%/(&/'&#.;-(2%&&&e& H15&-15('&()*(&!"#+&0()*1-&0(&!"';.%'*+&2%&#15&7%(#',(&.5&?("(,('F+&')*7(-&0(&7%%"6(3&);'6%%-(&
);%,%*1-3&#',(&"1&/'&5'%&'/('&1"&5'*(,%'-&0(&=10(#'*+&#-',&2%&;,(#%)3&"1&)(&/'&;1*('&7.,5'&1"&&&e& )1"*&;-%"(&0(&5%-%',0(&0(&')(5("('&#,('6%%3&%',&#(-(&0(&'#(-'2%&?("3&'*,+?4"01:)(&1"(-(&;(&'-*(-(3&)(&
,'6%."'5("*3&0(#%&"1&/'&1,5'&"%#%A&1"&#42*%?&;("*,1&(-8&a51-&/'&/("%&!"&/%'6'&1-*(,%.',+&#1&.&5("*'-%*'*(& 7.,*%7%#+&;,%"&%"7-1("6(&,(#%;,.#(&2%&')*7(-&01,'*'&/%(6%%&-.,&)(&-1"?(2*(3&7%%"6'&-.,&#';+*+&.&#.")%)*("6+&
*.*&'*4*&0(&%"7(,%.',+&#'&#('&'/1*+&!"&/%'6'&*,(#1*+8 >%&5'%&5',(3&%',&7.,5'&-.,&1"&#."*1,&2%&5'%&;,(#%)8&I2'0',&*,+%5&!"*,:1"&,.%&"(/+F1*&0(&7%%"6(3&#1&
*("0%"6(&@("(7%#(&.,%&5'-(7%#(3&#,('*(&*.'*(&0(&01$1,%-(&15'"(8
a&0'*+&#,('*(3&'#()*(&7%%"6(3&7.,5(:?4"01,%&)(&6%"&-4"?+&'1*.,1-&)'1&?("(,'*.,1-&-.,3&7.,54"0&!"&
=1,1-&)+1&.&#('6+Q&;,%"&/%@,'6%%-(&-.,3&;,.01#&!"&5%"*('&'1*.,1-1%&/%@,'6%%&)%5%-',(3&'#(-&.5&?4"0%"01:)(&
0%"&".1&-'&;(,).'"'&;(&#',(&.&1,+2*(&)'1&-'&.&7';*+&@1"+8&I2'0',&'#()*(&7%%"6(&!-&!"0('5"+&0%"&".1

:
UVX >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&:&C,%7'&#',*(&&=&&&&&&>()*%"18&27181% UVY

;(&#,('*.,1-&-.,&-'&0125+"%(&!5;.*,%/'&';,.';(-1%&)+13&.,%&!-&0(*(,5%"+&)+&;.,"(')#+&-'&,('-%F',('&
'#*1-1%&7,15.)&-'&#',(&)(&?4"0%)(&5'%&!"'%"*(8
C'#+&',&(L%)*'&"15'%&7%%"6(-(&#,('*(&0(&;,.;,%%-(&)'-(&?4"01,%&2%&)("*%5("*(3&.51-&',&5'%&;1*('&
#42*%?'&-1;*'&!5;.*,%/'&-.,3&0',&;,%"&?4"01-&)+1&=.)"%#3&.@)#("&)'1&0(&1,+3&(-&'*,'?(&0%"&0(;+,*',(&:&
')(5("('&1"1%&5'?"(*&:&2%&'-*(&')(5("('&7%%"6(&5'-(7%#(3&#',(&!-&/.,&"+;+0%&2%&!"0(5"'&2%&5'%&%"*(")&
);,(&)("F1'-%*'*(&2%&;(,/(,)%1"(3&);,(&54"%(&2%&1,+8
C(&'#(('3&.,%&0(&#4*(&.,%&)%56%5&*("0%"6'&0(&'&"(&%,%*'3&0(&'&;.,"%&-'&.&'#6%1"(&"(#1?(*'*+3&)+&"(&
'5%"*%5&#+&'#()*('&"1&)1"*&5'"%7()*+,%-(&);%,%*1-1%&".)*,13&#%&!"0(5"1-&*%#+-.)&'-&#,('.%%82,&7'8(;%#(&
0%"&=1,1-&".)*,18&I*1"#%&)+&,(/("%5&$.*+,46%&-'&#'-53&-'&%0(('&#+&*.6%&)1"*&7,'6%%&".2*,%3&#+&!")+2%&;%'*,'&
()*(&1"&7,'*(&'-&".)*,1&5'%&5%#3&.&#,('6%(&:&')(5("('&".1+&:&'&P'*+-1%&#(,()#8&C'#+&"(:'5&)#1*1,'*&0(&
%0(%-(&"(?,(&)'1&,+1*+#%.')(3&#'-51-&)(&'2*(,"(&;()*(&)17-(*1-&".)*,13&0(/("%5&5'%&#15%"6%&2%&"1&5'%&
'*4,"+5&0()*%"1-1%&".)*,1&!"#+&.&?$%1-('3&#',(&)+&"(&,(6%"+&'-*(&/('#1,%&;(&*,(';*'&(/.-16%(%&;(&#',(&"(&
'7-+58
H4"0&'#()*(&7%%"6(&5'-(7%#(&/.,&!"*4-"%&!"&$.%"+,('-'&-.,&1"&.5&-%"%2*%*&:&1"&)17-(*&#1,'*3&#,(0%"#%.)&
P'*+-1%3&)*,+01%"01:)(&)+&"1&7'#+&,+1&"%5+"1%3&"%#%&#1&?4"01-&:&(-(&/.,&7%&,();%")(&')(5("('&@("F%-.,&
0(&$4,*%(&0%"&7'6'&1"1%&/("*%-'*.,3&"(;1*4"01:)(&';,.;%'&0(&(-3&"1:<&/.,&;1*('&%"7-1("6'8&I#()*&.5&;1,3&
#%")*%*&2%&@-4"03&/'&'*,'?(&#+*,(&(-3&')(5("('&1"1%&5'?"(*&1,%'23&*.'*(&7%%"6(-(&2%&("*%*+6%-(&@("(7%#(3&
#',(&'1&7.)*&#,('*(&0(&'-6%%3&;,%"&?4"01,%&)1@-%5(&0(&,1?+#%1"(3&5%-+3&%1@%,(&2%&?("(,.F%*'*(8
c+F@.'%(-(3&,(/.-16%%-(3&5%2#+,%-(&51"#%*.,(2*%&2%&'-*(-(&0(&?("1-&-.,&)1"*&;,./.#'*(&0(&?4"01,%-(&
0(&0125+"%(3&,+F@1"',(3&1"(-*%,(&'-(&51-*.,'8&S-(&;-1*()#&!"&);'6%1&#'&7%%"6(<& "(/+F1*(3&;-%"(&0(&
("(,?%(&;.*("6%'-+3&#'&1,%'2(&@'*(,%%3&2%&-'&1"&5.5("*&0'*&%F@1#"()#3&)(&5'"%7()*+&!"&;-'"1-&7%F%#3&
!5;%"?4"0&%"0%/%F%%3&5')(-(&-'&'#6%1"%&5%-%*',(&.,%&-'&,(/.-16%%3&5%2#+,%&'-(&?-.'*(-.,&%"#."2*%("*(8&
C,.=0%'&).#%(*+6%%&15'"(3&')(5("('&1"(%&7%',(3&)(&',1"#+&!"&-1;*+3&1#%0(3&0%)*,1?(3&0+,45+&%")*%*16%%3&
71,+&2%&=(71%(2*(3&0,(;*'*('&;%(,%"0&;("*,1&1"&5.5("*8
U1-*(&5%2#+,%&;.-%*%#(3&5%-%*',(3&(#.".5%#(3&#1-*1,'-(&'1&7.)*&;,(?+*%*(&;,%"&5'"%;1-+,%3&1,F%,%&0(&
?4"01,%3&#1/4"*+,%&)'1&)#,%(,%&;,./.#'*.',(3&#',(&0(&7';*&):'1&'#151-'*&!"&);'6%13&0(&1"0(&';.%&):'1&
,(/+,)'*&=.)3&!"&;-'"1-&7%F%#3&)1@&%"7-1("6'&-.,&.51-&0%)*,1?4"0&*.*1-&2%&-+)4"0&!"&1,5'&)'&,1%"+&2%&
0.-%18
H$%',&#,%5(-(&)(&!"51-6()#&#4"0&1,'&'=1"?(&-'&;',.L%)58&a51-&/.,@(2*(&'F%&0(&,+13&54%"(&)(
!"71,%(3&;.%54%"(&@-()*(5+&2%&7+?+01%(2*(&,+F@1"',(8&U(,(1&;.,"()#&0%"&7%%"6'&)'&?4"01,%&0(&54"%(
)'1&0(&1,+&'*,.#(3&#',(&)(&'#151-('F+&!"&);'6%18&I#()*&51"*(&0(&1,+&)(&,%0%#+&0%"&5("*'-1-&5%-%.'"(-.,
0( & .'5("% & ,+5'2% & !"#+ & !"8)*',( & !"';.%'*+ & : & ')(5("(' & ;',*%#1-(-., & 0( & ';+ & #( & )( & (/';.,+ & 0( & ;(
)1;,'7'6'&.#('"(-.,&: & 7.,54"0& !"&);'6%1-&0%"& =1,1-& ;+54"*1-1%&".,%& !"*1"(#'6%3&#',(& -1#,('F+&';.%
')1;,' & *1*1,.,3 & 0', & !" & );(#%'- & ')1;,' & ?("(,'*.,%-., & -.,Q & ')*7(- & #,%5(-( & )( & 6%" & -'"68
=
o,%#'&()*(&.&'-*+&7.,6+&#',(&-1#,('F+&')1;,'&51-6%5%%&:&5'%&'-()&')1;,'&.51-1%&"(#,(0%"#%.)&:&=
;,./.#4"0&@.'-+&)'1&%"'#*%/%*'*(8&o,%#'&)-+@(2*(&*,1;1-3&5("*'-1-&,(/("%"0&5(,(1&-'&.@%(#*1-&7,%#%%3
5%#2.,('F+&,(F%)*("6'&*,1;1-1%3&;4"+&#4"0&!"*,:.&F%&.51-&#'0(&-./%*&#$%',&0(&#(('&#(&!%&(,'&7,%#+3&0(&=
#(('&#(&,"(,(1&'&"+)#1*&2%&$,+"%*&#1&?4"01-A&@.'-+3&;'?1@+&#*#8
A
9,%"&1,5',(3&?4"01,%-(&0125+".')(&)'1&0(&*('5+&'-(&.51-1%&#,(('F+&7%%"6(&5'-(7%#(3&#',(&/.,&m&
!5;%(0%#'&;(&'1*.,1-&-.,&2%&;(&'-6%%&)+&;,.?,()(F(&);%,%*1'-3&7+#4"01:-(&7+,+&/.%'&-.,&.&'*5.)7(,+&Q&
7-1%0%#+&;-%"+&0(&%5'?%"%3&0(&7.,6(&?("(,'*.',(&0(&*('5+3&0125+"%(&(*#8&I2'0',&7%(#',(&.5&)(&#.@.',+&=&
;(&)%"(3&0',&!"&'#(-'2%&*%5;&!5;%(0%#+&.&-15(&!"*,('?+&)+&;,.?,()(F(8&9,%"&'#()*&7';*3&.51-&"().#.*%*&=&
()*(&1"&?("(,'*.,&0(&,+13&#,(4"0&@',%(,(&!"&(/.-16%'&?("(,'-+&'&15'"%*+6%%3&#',(&!"&5.0&7%,()#&*%"0(&|&
);,(&5'%&@%"(8&!"&'#()*&7(-3&)17-(*1-&)+1&)(&!"#',#+&#1&.&;./',+&5'%&5',(&2%&0()*%"1-&)+1&/%%*.,&/'&7%&
"(7(,%#%*&)1@&*.'*(&,';.,*1,%-(8
P.'*(&?4"01,%-(&#',(&*,(#&;,%"&5%"*('&1"1%&.53&!"&/%'6'&)'&*(,()*,+3&#."6%"&.&%5'?%"(&%"7%"%*&0(&A&
5%#+3&0(;1)+&!"&',$%/'&)'&"(;%(,%*.',(8&H4"0&);%,%*1-&*,(#(&@',%(,'Z5.,6%%&7%F%#(&2%&;.,"(2*(&-'&0,153&!2%&
/'&/(0('&!"&;-'"1-&'"'-%F(-.,3&#(,#(*+,%-.,&2%&#."#-1F%%-.,&*,')(&0%"&5'*(,%'-1-&'01"'*3:&'0%#+&!"&)7(,'&)'&
;,.;,%(3&#.,();1"F+*.',(&/%@,'6%%-.,&#.,;1-1%&)+1&);%,%*1'-&:&*.'*(&'#()*(&%5'?%"%3&#',(&/.,&0(7%-'&;,%"&
7'6' & );%,%*1-1% & ')(5("(' & 1"(% & ',5'*( & !" & 7'6' & #.5'"0'"*1-1%8 & a51- & !2% & /(0( & '*1"#% & *.'*( & '#*(-(3&
;.,"%,%-(3&0.,%"6(-(&2%&?4"01,%-(&0%"&/%'6'&)'&*(,()*,+8

<
&I#()*(&7%%"6(:?4"01,%&#.-(#*%/(3&0("15%*(&(-,(-2,/&)(&"')#&0%"&)4"1-&1"(%&#.51"%*+6%&5'%&5',%&0(&.'5("%&)'1&'-&1"1%&;.;.,3&
'*,+?4"0&0%"&)7(,(-(&);%,%*1'-(&("*%*+6%&#',(&)(&!"*,1;('F+3&(L;,%54"0&2%&5'*(,%'-%F4"0&?4"01,%-(&2%&)("*%5("*(-(&?,1;+,%%&,();(#*%/(8&
S?,(?.,:1-&7%(#+,(%&?,1;+,%&15'"(&',(&.&7.,5+&2%&#1-.',(&;',*%#1-',+3&(L;,%54"0&?4"01,%-(3&)("*%5("*(-(&2%&0.,%"6(-(&#.51"(&'-(&
5(5@,%-.,&?,1;+,%%&,();(#*%/(8&a,%#(&?,1;',(3&.,%#(&5%2#',(&#1-*1,'-+3&,(-%?%.')+3&',*%)*%#+3&2*%%"6%7%#+3&;.-%*%#+3&).#%'-+3&);.,*%/+&(*#3&',(&
1"&(?,(?.,8&T"(.,%&(?,(?.,:1,%-(&1".,&;.;.',(&-1;*+&!"*,(&(-(3&!"&)7(,(-(&%"7(,%.',(&'-(&H(,1-1%3&01;+&#',(&%F@1#"(2*(&;(&;+54"*&1"&
,+F@.% & !"*,( & ;.;.',(-( & ,();(#*%/(8 &I, & 7% & @%"( & #' & *.'*( & ?,1;+,%-(3& ;.;.',(-( & 2%& 0%7(,%*(-( & 5%2#+,%& );%,%*1'-( & 2%& #1-*1,'-( & )+ & %"%6%(F(&
7.,5',('&1"1%&(?,(?.,&'-&;+#%&2%&%1@%,%%3&'-&@%"(-1%3&7,15.)1-1%&2%&'0(/+,1-1%8
I#()*(&%5'?%"%&$.*+,+)#&#'-%*'*('&#.,;1-1%&)+1&;-'"(*',3&7(-1-&0(&/%'6+3&#','#*(,1-&2%&7'#1-*+6%-(&
)'-(3&!"*,:1"&#1/4"*&0()*%"1-&0%"&/%'6'&)'&1,5+*.',(8&9,%"&1,5',(3&.51-&;.',*+&#1&)%"(&',$%/'&!"&#',(&
)(&'7-+&!",(?%)*,'*(&*.'*(&/%(6%-(&)'-(&15'"(3&0(&-'&!"#(;1*&2%&;4"+&-'&)74,2%*3&#1&*.'*(&'#*(-(3&!5;,(=1,+,%-(3&
-.#1,%-(&;(&1"0(&2%:'&0()7+21,'*&/%'6'3&,(-'6%%-(&'/1*(&#1&'-6%%3&;.,"%,%-(3&;')%1"%-(3&0.,%"6(-(&2%&?4"01,%-(&
)'-(8
K:',&;+,('&#+&#(('&#(&,(-'*(F&)1"*&)%5;-(&'7%,5'6%%8&S%&@%"(3&!"&5'=.,%*'*('&#(,#1,%-.,&0(&,(/(-'6%(&
(L%)*("*(&;(&;+54"*3&("*%*+6%-(&);%,%*1'-(&5%)%."',(3&#',(&0.,()#&)+:%&-15%"(F(&;(&7,'6%%&-.,&;+54"*("%3&
"(&'01#&-'&#1".2*%"6+&'0(/+,1-&#+&.51-&;.',*+&#1&)%"(3&!")#,%)&!"&#.,;1-&)+1&0%/%"3&*.*&#(&'&)17(,%*3&
?4"0%*3&/.,@%*&)'1&7+#1*&!"&-1"?1-&2%,&'-&,(!"*,1;+,%-.,&)'-(8&a&'7%,5'6%(&0(&'#()*&7(-&:&'&#+,(%&/'-.',(&
()*(&%"#'-#1-'@%-+&;("*,1&,(7.,5',('&#.5;.,*+,%%&.51-1%&2%&'&#."#(;6%(%&)'-(&0(&/%'6+&:&"1&;.'*(&7%&
;,%5%*+&;,('&12.,8&S'&',(&"(/.%(&0(&/(,%7%#+,%3&0(&;,.@(&2%&(L;(,%5("*(8&!"&#';%*.-(-(Z;,(#(0("*(3&'5&
',+*'*&#4*(/'&0%"&(L;(,%5("*(-(&1".,&);(#%'-%2*%&!"&'#(')*+&5'*(,%(&:&c.#$')3&p.1/%(,3&N%@%(,3&G'"#(-%"&
(*#8&:&;,%"&#',(&):'&0./(0%*&#-',&2%&"(!"0.%(-"%#&#+&);%,%*1-&.51-1%&;.',*+&#1&(-3&!")#,%)&#1&-%*(,(&(*(,%#(3&
'#6%1"%-( & *1*1,., & /%(6%-., & )'-( & '"*(,%.',(8 &I5 & #%*'* & #'F1,% & !" & #',( & 1"(-( & ;(,).'"( & 12., & )(")%@%-(3&
'0.,5%*(&0(&5'?"(*%F'*.,%3&'1&0()#,%)&1"'&)'1&5'%&51-*(&0%"&/%(6%-(&-.,&*,(#1*(8
o.,5(-(&?4"01,%-.,&#',(&;-1*('1&;,%"&);'6%1&'1&;%(,%*&0(51-*3&0',&%5'?%"('&-.,3&0(;.F%*'*+&!"&
5'*(,%'&0%/%"+&'&);%,%*1-1%3&'&,+5')&;(&/(#%8&P.*&;(&/(#%&'1&,+5')&!")#,%)(&%5'?%"%-(&-.,&2%&!"&5'*(,%'&
(*(,"+3&5(5.,%'-+&'&;-'"(*(%&2%&'&1"%/(,)1-1%&".)*,18&S-(&):'1&7.*.?,'7%'*&;(&'#(')*+&5'*(,%(&#'&;(&.&
;-'#+&7.*.?,'7%#+8&P.*&#(&):'&;(*,(#1*&!"&".';*('&/('#1,%-.,&;(&;+54"*&:&7(".5("(&5(*(.,.-.?%#(3&
5',((3&#'*'#-%)5(3&,+F@.'%(3&';',%6%%&)'1&0%);',%6%%&0(&#."*%"("*(&)'1&7.,5(&0(&/%(61%*.',(&(*#8&:&):'1&
!")#,%)&;(&'#(')*+&5'*(,%(&',$%/+&'&9+54"*1-1%8&H4*&*%5;&/'&*,+%&9+54"*1-&2%&#4*&*%5;&/'&(L%)*'&'#()*&
1"%/(,)3&*.*&#(&'&?4"0%*&1"&.53&*.*&#(&'&0.,%*&2%&)%56%*&!"&-1"?'&-1%&)(,%(&0(&/%(6%&;(&0%7(,%*(&;-'"(*(3&/'&
,+54"(&!"*%;+,%*&!"&'#(')*+&',$%/+&'&H(,1-1%8&!"&'#()*(&;,.71"F%5%&'@%)'-(&'-(&H(,1,%-.,&)(&?+)()#&
*.'*(&#-%2((-(&'&*.*&#(&'&7.)*&.0'*+&)'1&*.*&#(&'&?4"0%*3&)%56%*&2%&7+#1*&.51-8
H1&*.6%%&;,%/%5&#(,1-3&0',&"1&/(0(5&%5'?%"%-(&0%"&'#(')*+&',$%/+3&7.,5'*+&0%"*,:.&5'*(,%(&(*(,%#+&
%"/%F%@%-+&.#$%1-1%&".)*,18&H1&*.'*(&'#()*('3&(L%)*+&;(,).'"(&:&!"*,1;+,%&'-(&1".,&("*%*+6%&);%,%*1'-(&
(/.-1'*(&:&#',(&'1&0',1-&0%/%"&0(&'&#%*%&5(5.,%'&(*(,%#+&'&9+54"*1-1%8&I#()*.,&;(,).'"(&-%&):'&F%)&#+&
'1&0',1-&#-',/(0(,%%3&%',&7'#1-*'*('&-.,&'&7.)*&"15%*+&4)%$27(*,%(9
9("*,1&'&?+)%&#+,',('&#+*,(&I,$%/'&H(,1-1%3&1"0(&)1"*&!")#,%)(&7';*(-(3&)("*%5("*(-(&2%&0.,%"6(-(&
1"(%&;(,).'"(&#',(&"1&()*(&0(&7'6+3&#-',/+F+*.,1-&',(&"(/.%(&0(&7.*.?,'7%'&;(,).'"(%&)'1&0(&1"&.@%(#*&
.',(#',(&:&!5@,+#+5%"*(3&@%=1*(,%(&:&;1,*'*&0(&;(,).'"'&,();(#*%/+8&o.*.?,'7%'&)'1&(*(,1-&#(&!").6(2*(&
.@%(#*1-&:&0(?'='*&0%"&;(,).'"'&#',(&<:'&;1,*'*&:&#+-+1F(2*(&);%,%*1-&#-',/+F+*.,1-1%&;4"+&-'&#-%2((-(&
!")#,%)(&!"&H(,3&;(&#',(&-(&#%*(2*(8&H-',/+F+*.,1-&/(0(&*.*&#(Q&'&7+#1*&;(,).'"'&,();(#*%/+&!"&/%'6'&)'3&
!5;,(=1,+,%-(&;,%"&#',(&'&*,(#1*3&@1#1,%%-(&0(&#',(&'&'/1*&;',*(3&)17(,%"6(-(&2%&;%(,0(,%-(&!"*45;%"'*(8&
T"(.,%&0()#,%(,('&()*(&'*4*&0(&(L'#*+&2%&0(&'5+"1"6%*+3&!"#4*&!%&1%5(2*(&;(&#(%&0%"&=1,8&H-',/+F+*.,1-&
"1&7'#(&0(#4*&)+&1,5+,(')#+&!"2%,',('&;'".,'5%#+&'&-.#1,%-.,&2%&(/("%5("*(-.,&;,%"&#',(&'&*,(#1*&.&
;(,).'"+3&!"*.#5'%&#'&1"&);(#*'*.,&#(&;,%/(2*(&1"&7%-5&0();,(&/%'6'&1"1%&.58
U',%-(&01$1,%3&5(5@,%%&x1,%1-1%&)1;,(5&:&.,4"01%*.,1-&/%(6%%&.'5("%-.,&:&;,%/()#&!"&5',('
H',*(&'&H,('*.,1-1%&2%&#%*()#&*,(#1*1-&01$1-1%&;("*,1&':%&)*'@%-%&;,.?,'51-&/%%*.',(%&)'-(&/%(6%&;+54"*(2*%8
R'*+&0(&#(&*,(@1%(&)+&7%5&'*("6%&5(,(1&-'&?4"01,%-(3&/.,@(-(&2%&7';*(-(&".')*,(3&;("*,1&#+&*.'*(
)(&!",(?%)*,('F+&2%&)(&;-+*()#8&I#()*'&(&#.5'"0'5("*1-3&0',&@%(*1-1%&.5&*,1;()#&!%&()*(&7.',*(&?,(1
)+&"1&?,(2(')#+8
C(&0%5%"('6'&;4"+&)(','3&#4"0&"(&#1-#+53&?1,'&"(:'&5(,)&5(,(1&2%&0(&#(-(&5'%&51-*(&.,%&'5&0.=("%*3&
#,%*%#'*3 & .#+,4* & )'1 & @-()*(5'*8 &I#()* & 7(- & 0( & '#6%1"% & )1"* & ';,.';( & "(!")(5"'*( & 7'6+ & 0( & %"7%"%*'*('&
?4"01,%-.,&#(&"(:'1&*,(#1*&;,%"&5%"*(&0(&0%5%"('6'&;4"+&)(','8&S-(&5'%&,',&)1"*&0(&-'10+&)'1&#1&1"&
7."0&0(&%1@%,(8&H(-(&5'%&51-*(&;-'"1,%&'-(&.51-1%&)1"*&0(&,+F@1"',(3&!"&#',(&?(-.F%'&)(&6()(&#1&
%"/%0%'8&U'%&*.'*(&'1&#'&@'F+&;(,)."'-%*'*('&".')*,+3&(?.:1-&".)*,13&;,()1;1)&'&7%&.7(")'*&)'1&5%#2.,'*8&
C'#+ & /,(5& )+ & ,(;,(F("*+5&,';.,*1-&0%"*,( &#(-(&*,(% &#'*(?.,%% &0(&'#6%1"%&.5("(2*% &0%"*,:. & F%3& '5&
'*,%@1%&"15+,1- &U &?,(2(-%-.,&#1&7';*'3 &U__ &;("*,1&#(-(&#1&/.,@'&2% &U_9___ &;("*,1&#(-(&#1&?4"01-8&
I2'0',&.51-&7'#(&#(-(&5'%&51-*(&?,(2(-%&#1&?4"01-8
o(,%#%*&()*(&.51-&#',(&"1&?,(2(2*(&#1&7';*'Q&!")1*%*&5'%&7(,%#%*&()*(&#(-&#',(&"1&/.,@(2*(&0(&,+1&;(&
';,.';(-(&)+1&2%&"();1)&0(&7(,%#%*&/'&7%&!"&/%'6'&/%%*.',(3&.51-&#',(&)(&/'&)%-%&)+&"1&?,(2(')#+&0(-.#&#1&
?4"01-8
C%"&#(-(&(L;1)(3&)(&!"6(-(?(&#+&'*1"#%&#4"0&("*%*'*('&);%,%*1'-+&',(&1"&%")*,15("*&7%"&-'&!"0(54"+&
;.'*(&,('-%F'&.;(,(&0(-%#'*(3&%',&'*1"#%&#4"0&0%);1"(&0(&1"&%")*,15("*&5'%&?,.).-'"&"1&;.'*(&7'#(&
0(#4*&-1#,+,%&#.51"(8
>*%5&#+&?4"01,%-(&#,(('F+&7'#1-*+6%-(3&*("0%"6(-(&2%&#."#(;6%%-(&.51-1%8&>*%5&#+&)1"*(5&#$(5'6%&:&
;1"4"0&!"&'#6%1"(&/.%"6'&".')*,+&2%&.&'*("6%(&0(.)(@%*+&:&)+&01#(5&.&(L%)*("6+&-%"%2*%*+3&!"6(-(';*+3&
)7%"6%*+&2%&%1@%*.',(3&#+1*4"0&5(,(1&)+&"(&%")*,1%5&2%&)+&'-%"+5&01,(,%-(&'-*.,'3&#1&7';*'&.,%&#1&/.,@'3
UVZ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&C,%7'&#',*( >()*%"18&27181% UV G

)+&"(&)*,+01%5&)+&*,('#+&;,%"&5%"*('&".')*,+&?4"01,%&?("(,'*(&0(&;,(.#1;+,%&2*%%"6%7%#(3&7%-.).7%#(&2=& !"&'"15%*(&!5;,(=1,+,%&)(&;.'*(&!"*45;-'&#'&.&0.,%"6+3&.&;')%1"(3&)+&"1&;.'*+&7%&!5;-%"%*+&"%#%&!"&
',*%)*%#(8&N4"0%"0&')*7(-&5(,(1&)(&"'2*(&!"&);%,%*3&0%"&#(&!"&#(&5'%&%5;(,%.)3&*("0%"6'&0(&':2%&,('-%F'&2%& ".1'&!"*,1;',(8&R"&'#()*&#'F&('&/'&7%&1,5+,%*+&/('#1,%&0(:'&,4"01-&!"&/%%*.',(-(&!"*,1;+,%3&;4"+&#4"03&
;1"(&!"&;,'#*%#+&?4"01,%-(8&I=1"2%&!"&);'6%13&%"*(")%7%#+5&!"*,:.&')(5("('&5+)1,+&'#()*(&?4"01,%3& !"&7%"(3&)(&/'&,('-%F'8
!"#4*&-'&/%%*.',('&,(!"*,1;',(&/("%5&#1&(-(3&)1@&7.,5'&1".,&0',1,%&!""+)#1*(3&/("%5&#1&;.,"%,%&.,%& C.,%"6(-(&)1"*&7.,6(3&#',(&"1&)(&)*%"?&/('#1,%&;()*(&/('#1,%3&"(?+)%"01:2%&(#$%-%@,1&0(#4*&!"&F%1'&
7'#1-*+6%&#',(&1%5()#&;(&*.6%&#(%&#',(&-(&#.")*'*+&)'1&'10&0(&(-(8&N4"0%"0&5(,(1&-'&;,.@-(5(&!"'-*(3& !5;-%"%,%%&-.,8&H1&'-*(&#1/%"*(3&0.,%"6(-(&)1"*&7.,6(&#',(:<&7'#&;(&.5&#';'@%-&)+&,('-%F(F(&1"&.@%(#*%/3&
01$1-&)(&.@%2"1%(2*(&#1&')(5("('&?4"01,%3&#(-(&#.51"(&;,./.#4"01:%&01,(,(8 )+&#."01#+&);%,%*1-&);,(&,('-%F',('&)'3&01;+&#',(&!"#(*('F+&0(&'&5'%&7%&.&7.,6+8
R'*+&'2'0',&#+&01;+&7(-1-&#15&'5&?4"0%*&!"*,:.&/%'6+&"(&;,(?+*%5&.&)*',(&)1;(,%.',+&)'1&%"7(,%.',+3& $'''$''',$
!"&/%'6'&1,5+*.',(8&K+&"1&"(&5'%&5%,+5&',1"#%&0(&#(&1"1-&;,%"0(&!"6(-()1-&1"(%&(L;1"(,%&5'%&,(;(0(&
2%&'-*1-&5'%&?,(1Q&0(&#(&1"1-&(&0%);1)&)+&!"/(6(&5'%&,(;(0(&'-?(@,'3&#',(&#.5;.,*+&".6%1"%&'@)*,'#*(3& !"&7%"(3&0()*%"1-&)(&5'%&7+1,(2*(&2%&#1&#(('&#l;'4*1%(3*(&.51-&!"&-15('&7%F%#+8&I#()*(&'#6%1"%&;.*&
%',&#(-+-'*&"1&2%&-(&;.'*(&!")12%Q&0(&#(&1"1-&',(&0%);.F%6%%&7%-.).7%#(&2%&'-*1-&"1&)(&;.'*(&,%0%#'&0(&-'& 7.-.)%&)'1&0+1"'&;(,).'"(-.,&#1&#',(&(-&/%"(&!"&#."*'#*8&H1&'-*(&#1/%"*(3&7';*(-(&".')*,(&0(&*.*&7(-1-&:&
?4"0%,('&#.51"+3&2%&'2'&5'%&0(;',*(8&I#()*'&()*(&!"6(-()1-&;,.?,()1-1%&".)*,1&5("*'-3&0%"*,:.&/%'6+&!"& 0%"&#.;%-+,%(&2%&;4"+&!"#$%0(5&.#$%%&:&-1#,('F+&')1;,'&".')*,+&2%&'&#(-.,&0%"&=1,1-&".)*,13&7(,%#%"01:%&
'-*'8&I#()*'&()*(&5(#'"%)51-&1,#121-1%&);%,%*1'-&;(&)#','&(L%)*("6(%&*(,()*,(3&;("*,1&#'&!"&7%(#',(&/%'6+& )'1 & "(".,.#%"01:%3 & !5;%(0%#4"01:-( & )'1 & 7'/.,%F4"01:-( & (/.-16%'8 & P.'*( & 7';*(-( & (L(,#%*'*( &')1;,'&
)+&'0+1?+5&-'&#(-(&#42*%?'*(&!"*,:.&(L%)*("6+&;,(#(0("*+&.&".1+&7'#1-*'*(3&.&".1+&0%);.F%6%(&);,(&5'%& 7%%"6(%&)'1&@1"1,%-.,&1"1%&)(5("3&)(&!")#,%1&!"&#.,;1-&".)*,1&0%/%"3&;,(#15&2%&!"&I,$%/'&H(,1-1%3&
@%"(3&);,(&.&5'%&5',(&!"6(-(;#%1"(8 0(*(,5%"4"0&7(-1-&".)*,1&0(&/%'6+&!"&/%%*.',('&,(!"*,1;',(8&C(&.,%#(&"'*1,+&',&7%&7';*'3&('&/'&*,(@1%&
H,(0&#+&.,%#%"(&'&1,5+,%*&'#()*(&,4"01,%3&!"6(-(?(&#+&"15'%&')*7(-&)(&,%0%#+&.51-&0%"&!"*1"(,%#1-& "(';+,'*&)+:2%&?+)(')#+&)'*%)7'#6%'3&01;+&#',(&/'&1,5'&;-'*'&)'1&,+);-'*'&(%8
5%"6%%&)+-@'*%#1-1%&;4"+&-'&-15%"'&5%"6%%&)'/'"*1-1%3&2%&0(&'%#%&-'&!"6(-(;#%1"('&!"?(,(')#+&'&)74"*1-1%8& I#6%1"%-(&".')*,(&)1"*&,(F1-*'*1-&1".,&#1?(*+,%&2%&0.,%"6(8&N4"01,%-(&2%&0.,%"6(-(&'1&-1#,'*&')1;,'&
I#()*'&()*(&,.)*1-&(L%)*("6(%&".')*,(&*(,()*,(3&)+&"(&,%0%#+5&5(,(1&-'&#15%"6("%(3&-'&!"6(-(?(,('&#+& );%,%*1-1%3&;4"+&-:'1&0(*(,5%"'*&)+&%"*,(&!"&'#6%1"(8&P.#5'%&;,%"&7';*1-&#+&'1&'/1*&-.#&#1?(*+,%&2%&
*.*1-&0%"&=1,1-&".)*,1&()*(&C%/%"%*'*('&5'"%7()*'*+3&#+&*.6%&.'5("%%&)1"*&#.;%%%&'#(-1%'2%&P'*+&H,('*.,3& 0.,%"6(3&!")('5"+&#+&'#6%1"%-(&)1"*&(7(#*1-3&(L;,%5',('&7%"'-+3&'&1".,&#'1F(&:&?4"01,%&2%&0.,%"6(&
;,%"&1,5',(&)1"*(5&7,'6%3&2%&*,(@1%(&)+&"(&%1@%58 :;,.01)(&!"&(L%)*("6'&'"*(,%.',+8&C1;+&#(&?4"01,%-(&2%&0.,%"6(-(&'1&?+)%*&.&;.)%@%-%*'*(&0(&(L;,%5',(3&
9,%"&@1"+*'*(&!"*+,%5&*.'*(&7'#1-*+6%-(&0%/%"(&#',(&F'#&'0.,5%*(&!"&)#4"*(%'&".')*,+&2%&0(/("%5& 1"&5.0&0(&,('-%F',(3&"1&/.,&5'%&(L(,#%*'&"%#%&1"&%5@.-0&')1;,'&);%,%*1-1%3&')1;,'&.51-1%&%"*(,"8&C',&
("*%*+6%&);%,%*1'-(&-15%".')(3&#1&;1*(,%&1%5%*.',(3&7%%"6(&#',(&/.5&#."*,%@1%&-'&;,.?,()1-&'&*.*&#(&"(& 0'#+&(L;,%5',('3&*,'01)+&;,%"&7';*(3&/'&;,.01#(&.&".1+&01,(,(3&;'?1@+&(*#3&'#()*(&7';*(&)(&/.,&
!"#."=.',+8 *,'")7.,5'&!"&#'1F(&".%3&#',(&/.,&0(/("%&7.,6'&#,('*.',(&'&1".,&(7(#*(&".%3&#',(&!2%&/.,&#(,(&0,(;*1-&
+'''24)))#
0(&'&)(&5'"%7()*'&2%&!"7+;*1%&#4"0/'8
a,%#(&'#6%1"(&-')+&.&1,5+&"(;%(,%*.',(&!"&01$1-&.51-1%8&C'#+&,(;(*+5&5(,(1&'#(('2%&'#6%1"(3&('&)(&
!"#(*+6("(2*( & !" & 7%%"6' & ".')*,+ & *,1;(')#+3 & 0(/%"( & '1*.5'*+3 & #."7.,5 &8(-%% & 2A%3"1%".(%9 &a, & 1"&
I&0.1'&#'*(?.,%(&0(&("(,?%%&0()7+21,'*(&0(&.5&!"&/%'6'&)'&;+54"*('"+&)1"*&52,%".(8(9&I#()*('&"(& ')(5("('&'1*.5'*%)5&;1"(&!"&?("(,'-&1"&F+?'F3&.&@',%(,+&#(-.,-'-*(&5'"%7()*+,%&'-(&(?.:1-1%&".)*,18&
!"0('5"+&#1&*.'*+&;1*(,('&)+&%"*,+5&!"&)*+;4"%,('&-1#,1,%-.,&;-+#1*(3&)+&.@6%"(5&@'"%3&#')(3&5.2%%3& J.,.# & #+ & '#(')*+ & )*4"=("%,( & "1 & 01,('F+ & 0(#4* & '*4* & #4* & 01,('F+ & *,1;1- & #',( & #."*,'#*')( & '#()*&
.@%(#*(&0(&',*+&(*#8&C.,%"6'&()*(&5.*.,1-&#',(&"(&54"+&);,(&.".,1,%&2%&;-+#(,%&0(&*.*&7(-1-3&;(&)#1,*&:& '1*.5'*%)58&G'&#,(',('&/%%*.,1-1%&#.,;&7%F%#3&'#()*(&.@%#(%1,%&"1&/.,&5'%&(L%)*'3&;("*,1&#+&".1-&*,1;&
#+*,(&*.*&#(&';',6%"(&/%(6%%&;+54"*("(8 "1&5'%&',(&"%5%#&#.51"&#1&#.,;1-&7%F%#&0%"&!"*,1;',('&*,(#1*+8
C.,%"6(-(&)1"*&');(#*(-(&/.%"6(%&);%,%*1-1%3&0(?,'0'*(&2%&;(,/(,*%*(&0(&#.,;1-&".)*,1&;-'"(*',3&#',(& K+&/(0(5&'#15&5.01-&#15&7';*(-(&".')*,(&"(&-('?+3&;(&/%%*.,3&0(&;(,).'"(-(&#+,.,'&-(:'5&7+#1*&
#(,(e)'*%)7'#6%'&"+F1%"6(-.,&)'-(&*(,()*,(3&!"*,1#4*&';',6%"(&?-.@1-1%&;+54"*()#8 @%"(&)'1&,+18
!"&7'F'&'#*1'-+&0(Z(/.-16%(3&5'=.,%*'*('&.'5("%-.,&()*(&'"%5'*+&0(&0.,%"6(&%"7(,%.',(3&#1&*.6%%&
'-(,?4"0&)+:2%&)'*%)7'#+&;4"*(#(-(&#1&#(-(&5'%&)#15;(&2%&7(-1,%*(&@1"+*+6%3&*.6%&0.,()#&)+&)(&!"'-6(&!"&e& a51-&()*(&.&7%%"6+&).#%'@%-+8&H'&;,.@+&'&'#()*(%&'7%,5'6%%&()*(&7';*1-&#+&7%%"0&%F.-'*3&0(2%&/'&7%&
.#$%%&)(5("%-.,&)+%&;,%"&?-.,%(3&,("15(3&.".,1,%&2%&/'"%*+6%&(7(5(,(3&"(%"*(,()4"01:%&#(&/'&7%&0%"#.-.3&= !"#."=1,'*&0(&*.'*(&!"-()"%,%-(&/%(6%%3&.51-&)(&/'&)%56%&"(7(,%#%*3&a,3&#."/%(61%,('&)'&#1&'-6%%&'01#(&#1&
916%"%3&7.',*(&;16%"%3&);%,%*(-(&@+*,4"(&)*'1&0(.;',*(&2%&01#&.&/%'6+&,(*,')+3&;%.')+3&#+1*4"0&)+:2%&Z )%"(&"(';+,'*&%"7-1("6(&,(#%;,.#(&:&'#6%1"%-(&1".,'&')1;,'&#(-.,-'-6%8&I#()*(&'#6%1"%&;.*&7%&!"&-(?+*1,+&
!5@.?+6(')#+&5%"*('&#1&".%&#1".2*%"6(3&',+*4"0&.&@-4"0(6(&#(&#1#(,(2*(3&%(,*4"0&?,(2(-%-(&#(-.,&#',(&e #1&@1"1,%-(&;+54"*(2*%3&#1&7%%"6'&)'1&*,1;1-3&.,%&#1&)17-(*1-8
-(&7'#&,+13&2*%%"0&#+&)1"*&);%,%*(&*%"(,(3Z&#',(&'@%'&1,#+&)#','&);%,%*1'-%*+6%%8&S"*%*+6%-(&);%,%*1'-(&@+*,4"(&= C(&(L(5;-1&'7-+5&#+&1"&#.-(?&0(&2#.'-+&()*(&!"&5',(&"(/.%(&5'*(,%'-+3&#+&()*(&-%*(,'-5("*(&
7%%"0&!"*,1;'*(&0.,()#&2%&(-(&#(('&#(&()*(&!"&-(?+*1,+&#1&/%'6'&7%F%#+&:&!"*,1#4*&2%&(-(&)1"*&.'5("%&:&M 51,%*.,&0(&7.'5(3&C'#+&)17-(*1-&".)*,1&(&,+)#.-%*&0(&5%-+&;("*,1&'#()*&)(5("&"(#+=%*3&"(&/.5&01#(&
0',&5'%&;,()1)&0(&*.'*(&1,5+,()#&#1&"()'6&#(('&#(&!"".@%-('F+&)17-(*1-3&2*(,?4"0&-'#,%5%-(&'-*.,'3 2%:%&/.5&0'&@'"%3&-1#,1,%&"(#()',(3&!5@,+#+5%"*(3&2%:%&/.5&,%0%#'&5.,'-1-&;,%"*,:.&/.,@+&01%.')+3&0(&
;./+61%"01:%&2%&'=1*4"01:%&;(&)(5("%%&-.,8 u&| !"#1,'=',(8&o';*'&".')*,+&"1&/'&,+54"(&0.',&#'&.&(L;,()%(&'&@1"+*+6%%3&#%&/'&"'2*(&.&-(?+*1,+&]',5%#+&
H.,;1-&".)*,1&;-'"(*',&)(&7.,5('F+&!"&71"#6%(&0(&#'-%*'*('&2%&;1,%*'*('&0.,%"6(-.,&".')*,(8&C'#+&"(& !"*,(&".%3&#',(&/'&-1#,'&')1;,'&)'3&!"&/(#%%&/(#%-.,3&;4"+&#4"0&!-&/'&0(*(,5%"'3&!"&'-*(&(L%)*("6(3&)+&"(&
71,+&;.7*(-(&#+*,(&!5@,+#+5%"*(&-1L.')+3&@%=1*(,%%3&'1*.5.@%-(&#.)*%)%*.',(3&#')(&0(&;,%).)&(*#3&3&#.,;1-& ;-+*(')#+&)1@&7.,5'&1"1%&);,%=%"&.',(#',(&5'*(,%'-8&J15'%&;,%"&'#(')*+&7';*+&'&-1%&0()*%"1-&'&7.)*&
".)*,1&;-'"(*',&/'&');%,'&0%"&'*5.)7(,'&(*(,%#+&'&;+54"*1-1%&5'*(,%(&/%(&%"7(,%.',+8&C'#+&"(&=& )'*%)7+#1*3&0'*.,%'&'#$%*'*+8
#."01#(5&);,(&.&/%'6+&*%$"%*+3&%"0%7(,("*+&7'6+&0(&-1L3&0(&-15%"'&!"2(-+*.',(&'&/%(6%%&*(,()*,(3&#.,;1-& K+&-1+5&2%&1"&'-*&(L(5;-18&K%56%"01:)(&;(&;'*1-&0(&5.',*(3&1"&.5&!-&,.'?+&;(&1"&7,'*(&)+&'##(;*(&
".)*,1&;-'"(*',&');%,+&5'*(,%(&;-'"(*',+&0(&#('&5'%&7%"+&#'-%*'*(8 !"?,%=%,('&#.;%%-.,&)+%&2%&'05%"%)*,',('&'/(,%%&-+)'*(8&a,&0'#+&'#()*&.5&"1&',(&.&#."2*%%"6+&!"'-*+&2%&.&
U'*(,%'&(*(,%#+&:&7%"+&)'1&?,.).-'"+&:&/'&0(*(,5%"'&01;+&;+,+)%,('&/%(6%%&*(,()*,(3&01;+&5.',*('&| %"%5+&5%-.')+3&/'&#$(-*1%&0%"&'/(,('&#.;%%-.,&!"&7.-.)1-&)+18&!"&/('#1,%-(&#(&/.,&1,5'3&'#()*&.5&/'&7%&
@%.-.?%#+3&)%56+5%"*(&)1;(,%.',(&)'1&%"7(,%.',(3&@1#1,%%&.,%&54$"%,%3&01,(,%&)17-(*(2*%&.,%&7(,%#%,(3&= 1,5+,%* & ;("*,1 & 7';*' & )'3 & #+#% & 2%:' & -(?'* & (L%)*("6(-( & )'-( & /%%*.',( & 0( & ).',*' & '#()*., & 5.2*("%*.,%&
I2'0', & 0.,%"6(-( &#."*,%@1%(3 & !"& 5.0 &7'*'-3 & -' &7.,5',(' & 1"1% &#.,; & ;-'"(*', &5'% &0(-%#'* & )'1 & 5'% & < "(7(,%#%6%8&H4"0&"1&)(&/'&'2*(;*'3&!"*,:1"'&0%"&(L%)*("6(-(&/%%*.',(3&/'&7%&0(;.)(0'*3&-'&,4"01-&)+13&0(&
?,.).-'"3&!"&/%%*.',('&".')*,+&,(!"*,1;',(8 3| 1"&'-*1-3&,+54"4"0&!"&5%F(,%(3&;("*,1&#'&')*7(-&-(?('&0%/%"+&)+&7%(&';-%#'*+8&I*1"#%&/'&!"/+6'&-(#6%'&
[("%"0&-'&.&".1+&!"*,1;',(3&01$1-&/'&%"7-1("6'3&;,%"&#.")*%*16%'&)'3&7(*1)1-&0%"&;4"*(#(-(&5'5(%&| '5',+A&.51-1%&"1&!%&()*(&!"?+01%*&)+&%'&0%"&@1"1-&'-*1%'8
)'-(3&0(*(,5%"4"01:<&)+&%'&.&7.,5+&%"#.,(#*+8&T"&#.,;&;-'"(*',&#1&5(*($"(&/'&0(*(,5%"'&7.,5',('&e K( &;.'*(& !"*45;-'& #'& 5%-'& 2%& %1@%,('& ".')*,+3& #."2*%%"6'& #+& *.6%& .'5("%%& )1"*(5& #.;%%%&'#(-1%'2%&
1"1%&#.,;&/%*'-&)-'@3&#',(&/'&#."6%"(3&;.*("6%'-3&#'1F(-(&1"1%&)%)*(5&#(,(@,'-&)-'@3&'&/%%*.',(-.,&@.-%3&= H,('*.,3&)+&"(&01#+&-'&#+;+*4%1-&1"1%&.5&#',(&F'#(&@.-"'/&2%&":',(&;(&"%5("%&)+:%&0('&1"&;'$',&#1&
'&(;%-(;)%(%&2%&!"&?("(,'-&'&*1*1,.,&@.-%-.,&"(,/.')(8&C'#+&.51-&/'&;(,)%)*'&51-*+&/,(5(&;(&'#(')*+&R ';+3&)+:<&!"?,%=(')#+3&)+:%&2*(',?+&-'#,%5%-(&2%&)+:%&'5%"*(')#+&'0(/+,1-&#+&"1&(&)%"?1,&;(&-15(&2%&#+&
#'-( & "().#.*%*+3 & /%%*.,1- & )+1 & *,1; & )( & /' & 7.,5' & %"#.,(#*8 P'*+-&"1&<:'&;+,+)%*8&o';*'&'#(')*'&"(&-('?+&0(&7,'*(-(&".)*,1&2%&!"&(L%)*("6(-(&/%%*.',(3&*.#5'%&#4"0&
/.5&7%&5'%&)%"?1,%3&5'%&-%;)%6%&0(&#+-01,'&)17-(*(')#+3&"%&)(&/'&;-+*%&?()*1-&7+#1*&!"&/('#1,%-(&*,(#1*(8&
e I)*7(-&0(&(L(5;-(&)(&;.*&!"2%,'&!"&)1*(&2%&5%%&0(&#$%;1,%8&C'#+&'5&'=1*'*&;(&;-'"&5'*(,%'-3&"(&/.5&
9("*,1&#+&0.,%"6(-(&!")#,%)(&!"&#.,;1-&;-'"(*',&*,(@1%(&,('-%F'*(& #4"0/'3&.51-&)( &/'&"'2*(3& !"& @1#1,'&!"&/%%*.,&0(&1"&0()*%"&7'/.,'@%-&)1@&');(#*&5'*(,%'-8&C'#+&'5&7.)*&;("*,1&)(5("1-&".)*,1&#'1F'&
/%%*.',('&-1%&,(!"*,1;',(3&!"&5(0%1-&!"&#',(&0.,%"6(-(&0%"&(L%)*("6'&)'&;,(#(0("*+&/.,&;1*('&7%&)'*%)7+#1*(8& 5%F(,%(%&)'-(&5'*(,%'-(&)'1&7%F%#(3&/.5&'/('&1"&0()*%"&0(;-.,'@%-3&"+)#4"01:"(&!"&#%,#15)*'"6(&#',(&
C'#+ & ' & 7.)* & '"%5'* & 0( & 0.,%"6( & )1;(,%.',(3 & (- & )( & /' & "'2*( & !"*,:. & 6',+3 & 7'5%-%( & 2% & 5(0%1 & #%/%-%F'*3& "(&/.,&;,./.#'&)17(,%"6(&7%F%#(3&)'1&5%F(,%%&5'*(,%'-(8
.7(,%"01:%:)(&;.)%@%-%*'*('&)+&)(&,%0%#(&5'%&)1)&2%&)+:2%&,('-%F(F(&0.,%"6(-(&)1;(,%.',(8&C'#+&'&7.)*&
)*+;4"%*&0(&0.,%"6(&-15(2*%3&/'&#+1*'&)+&)(&"')#+&'#.-.&1"0(&'#()*(&7.,6(&/.,&7%&#$(-*1%*(3&,%)%;%*(3&=
UV\ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&:&C,%7'&#',*( >()*%"18&27181% UVT

T,5+,%-(&]',5%#(&)1"*&%"0(;("0("*(&0(&5.*%/1-&#',(&"(:'&0(#%)&)+&7'#(5&.&7';*+&.',(#',(3&@1"+& ?,(2(-%-(&'01"'*(&!"&*,(#1*8&a51-&,(/%"(&5(,(1&!"&*,1;3&"+)#4"01:)(&!"&-.#1,%-(&1"0(&)1"*&!"*,1;'*(&
)'1&,('8&C',&)+&"1&;%(,0(5&0%"&/(0(,(&#+&5.*%/1-&/'&'/('&1"&,(F1-*'*&$.*+,4*.,&!"&0()*%"1-&/%%*.,&'-& 01$1,%-(&#1&#',(&'&#."*,'#*'*&#4"0/'&-(?+*1,%&);%,%*1'-(3&!"&@%"(&)'1&!"&,+13&*,+%"0&'#15&#'&7,'6%3&#'&
.51-1%8&I2&;1*('&);1"(&#+&0%"*,(&#(%&0.%&7'#*.,%&:&'#.%1"(&2%&72*%0&6&5.*%/1-&()*(&;,(#15;+"%*.,&7'6+& ).6%3&#'&;+,%"*(&2%&#.;%-3&.,%&#'&@1"%&;,%(*("%8&9(&;',#1,)1-&".%%&(L%)*("6(&*(,()*,(&01$1,%-(&!2%&'#$%*+&
0(&7';*'&;,.01)+8&9("*,1&.&!"6(-(?(,(&5'%&#-',+3&)+&-1+5&*,(%&(L(5;-(8 0'*.,%%-(&'#151-'*(&1"'&7'6+&0(&#('-'-*+3&;,%"&@1#1,%%&#.51"(3&%1@%,(&2%&);,%=%"&;4"+&-'&)'#,%7%#%18&
<8&T"&.5&@.?'*3&'/4"0&51-*(&;,.;,%(*+6%3&-')+&1"&%5.@%-&;("*,1&'0+;.)*%,('3&#,(2*(,('&2%&(01#',('& I)*7(-3&1,'&0%"&'-*(&/,(51,%&)(&/'&2*(,?(&;,%"&%1@%,(3&=(71%,('&0(&'-*+&0'*+&)(&/'&#.5;(")'&;,%"&
#.;%%-.,&.,7'"%8&S)*(&.&7';*+&7.',*(&7,15.')+3&#',(&/'&'01#(&,.'0(&]',5%#(3&%"(/%*'@%-(&!"&/%(6%-(&)'-(& )'#,%7%#%1-&2%&0+,1%,('&0(&'#153&2%&'2'&5'%&0(;',*(8
/%%*.',(8&C',&.51-&"1&'&7+#1*&'#()*&?()*&0.',&0%"&5%-+3&#%&!5;%")&2%&0(&1"&?4"0&')#1")3&0(&54"0,%(3& K+&-1+5&1"&(L(5;-18
0(&/'"%*'*(3&)+&)(&,(#.5'"0(&'*("6%(%&-15%%8&H(%&0.%&7'#*.,%&:&'#6%1"('&2%&5.*%/1-&:&!2%&/.,&;,.01#(& T"&#.;%-&)(&"'2*(&!"*,:.&7'5%-%(&)+,'#+3&0(&#',(&()*(&-(?'*&;,%"&*,(#1*1-&)+18&9+,%"6%%&)+%&7%%"0&
7%(#',(&(7(#*1-&-.,8&I#*1-&;,%"&#',(&'*46%'&#.;%%&"(7(,%#%6%&/.,&7%&)#+;'6%&0(&5%F(,%(3&0(/("%"0&.'5("%& )+"+*.2%&2%&7%F%#1-&-.,&'/4"0&'"15%*(&!")12%,%&()*(*%#(3&0'1&#.;%-1-1%3&;,%"&(,(0%*'*(3&1"&*,1;&)+"+*.)&2%&
#1& 1" &,.)* & !"& ).#%(*'*(3& /'&#."*,%@1% &#' &!"& /%'6'& )'& /%%*.',(& )+ &)( & @1#1,(& 0(& .&(L%)*("6+& 2%& 5'%& .&!"7+6%2',(&'*,+?+*.',(8&!"*,:.&/%'6+&;,(#(0("*+3&01$1-&'#()*1%&#.;%-&'&7+#1*&1"&5',(&@%"(&1"1%&.53&;(&
!5@(-21?'*+ & 0(#4* & #(' & '#*1'-+8 & C', & .51- & )( & /' & )%56% & #' & 1" & ;',/("%*3 & !" & 5%=-.#1- & -1L1-1% & 2% & '-& #',(&'#15&0()*%"1-&<:'&'01)&)+&)(&"')#+&!"&;,('=5'&'#()*(%&7'5%-%%8&C(2%&#.;%-1-&):'&"+)#1*&!"&)4"1-&
#.5.0%*+6%%&)'-(8&['&7%&5(,(1&15%-%*3&#'&.&#.")(#%"6+&'&54"0,%(%&)'-(&0(&'-*+0'*+8&[(0(5&#+&7';*'&'& 1"(%&7'5%-%%&)+,'#(3&!%&()*(&$+,+F%*&)+&0%);1"+&0(&.&5',(&'/(,(8&H(%&0%"&);'6%13&#',(&'=1*+&-'&5',('&
'01)&#.")(#%"6(-(&)'-(&:&.&(L%)*("6+&!5@(-21?'*+3&%',& 5.*%/'6%'&:&/'"%*'*('&2%&54"0,%'3&#',(& )1"*& .;(,+&'&H,('*.,1-1%3&#.5@%"+&')*7(-&#."0%6%%-(&#'&0'*.,"%#1-&0(&'-*+0'*+3&7%%"0&'#153&.5&@.?'*3&)+&"1&
'*,%@1*(&)17-(*(2*%3&'1&'01)&#.")(#%"6(&)17-(*(2*%&:&15%-%"6'3&%F.-',('&2%&0%);,(61-&7%%"6(%&)'-(8 '%@+&#.;%%&2%&*.*12%&)+:2%&0.,(')#+8&[+F4"0&'#()*&#.;%-&7,15.)&2%&%"*(-%?("*3&@.?+*'21-&!-&;-'#(&"();1)&
V8T"&.5&'&71,'*3&'&!"2(-'*&.&/%'6+&!"*,('?+3&2%&*.*12%&%"%5'&)'&"1&'&51,%*&#1&*.*1-&!"&7'6'&5%-(%8&C%"& 0(&51-*&2%&!-&#(,(&0(&-'&;+,%"6%%&)+%&)+,'#%&;("*,1&':<&'0.;*'3&(01#'&2%&#,(2*(&#'&;(&#.;%-1-&)+18&H.;%-1-&
#(&'&71,'*&2%&'01"'*3&'=1*+&.&/+01/+3&#,(2*(&1"&#.;%-&.,7'"3&@1#1,+&1"&"(7(,%#%*8&I=1*4"01:2%& :&7.)*1-&7%-'"*,.;3&#',(&<:'&)#.)&0%"&5%F(,%(&;(&'#*1'-1-&@.?+*'23&!2%&;,%5(2*(&,+);-'*'&7';*(%&0%"&;',*('&
)(5("%%3&.51-&)(&/'&@1#1,'&;(&/%%*.,&0(&.&/%'6+&!"-()"%*+&0%"&;1"#*&0(&/(0(,(&5'*(,%'-3&0',&;("*,1& 0'*.,"%#1-1%&)+1&0(&.0%"%.',+3&#',(&!%&;1"(&'#15&-'&0%);.F%6%(&!"*,('?'&'/(,(8
#+&'&;,.01)&;'?1@+3&;("*,1&#+&):'&@1#1,'*&0(&@1"1-&'-*1%'3&/'&7%&.#.-%*&5(,(1&0(&-15(3&2%&/'&*,(#(& 9("*,1&"(2*%1*.,%3&')(5("('&!5;,(=1,+,%&;',&"+)#1*(&B0%"&!"*45;-',(E3&(-(&7%%"0&0(&7';*&(7(#*(-(&
;,%"&;'?1@'&#1&#',(&!2%&;+?1@%)(&.0%"%.',+&)(5("%%8&C1;+&#15&7+#4"0&@%"(-(&'&,(#.-*'*&@%"(-(3& 1".,&#'1F(&;,.01)(&!"&*,(#1*8&C()*%"1-&#(,(&0()7+21,',('&(/("%5("*(-.,&01;+&5.01-&#15&(,'&#."01%*'&
*.*&'2'3&#(-&#',(&'&;,.01)&,+1-&/'&,(#.-*'&,+1-3&#$%',&0'#+&'&7.)*&!5;%")&0(&5.*%/(&'-*,1%)*(8 .51-1%&!"&*,(#1*8&!"&7(-1-&'#()*'3&x1)*%6%'&0%/%"+&)(&';-%#+&7+,+&?,(2('-+&2%&7+,+&!"01,',(8&I)*7(-&.51-3&
X8!"&/(0(,('&@1"1-1%&5(,)&'-&%")*%*16%(%3&0%,(#*.,1-&!-&0+&'7',+&;(&1"&71"#6%."',&%"#.,(#*8&U.*%/1-&'& 9+54"*1-3&1"%/(,)1-&!"*,(?&5(,?&!"&)#1,?(,('&*%5;1-1%&7+,+&0(&)74,2%*&0%"&;,.?,()&!"&;,.?,()8
7.)*&-+10'@%-A&)+&7%(&1"&(L(5;-1&2%&)+&)*'@%-(')#+&.,0%"('&!"&%")*%*16%(8&C',&71"#6%."',1-&%"#.,(#*&'& C%" & #(-( & (L;1)( & !" & '#()* & #';%*.- & '- & 0()*%"1-1%3 & !"6(-(?(5 & #+ & *,1;1- & ".)*,13 & ()*( & #-+0%* & 01;+&
7.)*&-./%*&!"&(L%)*("6'&)'&5'*(,%'-+8&9("*,1&5.*%/1-&0(&'&7%&#.,(#*%*10%"(&!"&/%'6'&.'5("%-.,3&7.)*1-& #'-%*+6%-(&#.,;1-1%&/%*'-3&-'&,4"01-&)+1&#.,;1-&/%*'-&'&7.)*&#.")*,1%*&#."7.,5&#.,;1-1%&;-'"(*',3&'#()*'&
0%,(#*.,&)(&/'&,(!"*,1;'&#1&0%);.F%6%%&)17-(*(2*%&;,%"&#',(&/'&7%&.,0."'*3&-%"%2*%*&2%&51-615%*&0(&(-&2%& #."7.,5&#.,;1-1%&5("*'-3&#',(&!2%&%'&7.,6(-(&"(#()',(&2%&)(&)1;1"(&0()*%"1-1%&);%,%*1-1%&#.@.,4*&-'&
)*',('&!"&#',(&)(&'7-+8&C',3&!"&/%'6'&*,(#1*+&',1"#4"0&;(&0,15&1"&7,'*(&0(:'-&)+13&-%;)%"01:<&0(& ,(!"*,1;',(8& H.,;1-& ".)*,1 & /%*'-& /'&7%& #.")*,1%*&0(& );%,%*(-(& #.")*,1#*.',(3& !"&71"#6%(&0(&#'-%*'*('&
;4%"('&#('&0(&*.'*(&F%-(-(3&/'&*,(@1%&)+&?1)*(&"(';+,'*3&5+#',&*(5;.,',3&-%;)'&;,%"&#',(&'&*,(#1*& 5'*(,%(%&5("*'-(&'#151-'*(&2%&!"&71"#6%(&0(&)("*%5("*(-(&7,15.')(&)'1&1,4*(&0(&#',(&'5&7.)*&'"%5'6%&
7,'*(-(&)+18&M !"&/%'6'&*,(#1*+8&C(&')(5("('3&#.,;1-&/%*'-&()*(&7+1,%*&#."7.,5&'"15%*.,&0'*.,%%&;(&#',(&-(&'/(5&0(&
9,%"&1,5',(3&1"'&()*(&7';*'&#.5%)+3&2%&'-*'&5.*%/1-8&C',&/,('1&)+&)1@-%"%(F&:&!"*,(&;'4*'&;%M%#+&e&3%& ;-+*%*&0%"&-%)*'&5',(&'&?,(2(-%-.,&".')*,(8
72*%018&#',(&'&5(*(,7%"'*62/&72*%018&',(&2&41*(,(&7'%&7',(&!"&2,E"51%,('&0%%*2,181%&5()*%"9&&&&&&= !"&=1,1-&#.,;1-1%&/%*'-&)'1&01@-1-1%&(*(,%#3&)(&.,4"01%(2*(&1"&#.5;-(L&0(&#(-1-(3&)%)*(5(&2%&';','*(&
!"*,:.&/%'6+&)'1&!"&5'%&51-*(3&;,.01#(5&#4"0&@%"(3&#4"0&,+13&7'6+&0(&'*4*('&;(,).'"(&0%"&=1,1-&e& :&#'&!"*,:1"&*%;',&)'1&5.0(-&:&;("*,1&'&7.,5'&1"&*.*&1"%*',3&1"&#.,;&7%F%#&#1&.&!"7+6%2',(&5'%&#.51"+&
".)*,13&!"#4*&,(/("%"0&!"&/%'6'&/%%*.',(3&"1&;1*(5&;-+*%&0%"*,:.&0'*+&*.'*(&7';*(-(&,(-(3&#-(/(*%,%-(&=& )'1&5'%&7,15.')+3&#1&T"&)%)*(5&#(,(@,.);%"'-&5'%&7%"&.,%&5'%&,(01)8&I#()*&#.,;&7%F%#&/'&7%&.&*(5"%6+&
,+);4"0%*(&.,%&?4"01,%-(&1,4*(&#1&#',(&'5&15;-1*&);'6%1-3&'0,()4"01:-(&7,'6%-.,&".2*,%8&U.*%/(-(&;.*&=&7%& ;("*,1&@%(*1-&);%,%*Q&5'%&)*,45*+&)'1&5'%&-',?+3&5'%&!"*1"(#'*+&)'1&5'%&-15%".')+3&01;+&#15&%:'1&7.)*&
51-*%;-(8&S&;.)%@%-&#'&!"&*%5;1-&!"*,1;+,%%&".')*,(&'#*1'-(&)+&"1&)(&7%&!"*,1;'*&;(,).'"(-(&#+*,(&#',(&e&'5& 7';*(-(&0%"&/%'6'&*,(#1*+8&K;%,%*1-3&.51-&'0(/+,'*3&/'&-1#,'&!"&'#(')*+&*(5"%6+&;(&#4*&!%&/'&;(,5%*(&
#."*,'#*'*&0'*.,%%3&-(?+*1,%&]',5%#(3&!"&/%'6'&)'1&/%(6%-(&;,(#(0("*(8&K(&;.'*(&#'&'#()*(&;(,).'"(&~&)+&)(& -15%"'&2%&);'6%1-&(%3&;(&#4*&!%&;(,5%*(&)%)*(51-&#(,(@,'-3&/'&-1#,'&#1&7'#1-*+6%-(&)'-(&7+1,%*(&;,%"&
7%&!"*,1;'*&.0'*+&#1&".%3&0',&;.*,%/%*&0()*%"1-1%&-.,3&):'1&!"*,1;'*&!"&'-*(&6+,%3&)'1&#$%',&0'#+&=&*,+%()#&!"& ?4"01,%-(&0(&'-*+0'*+8&C(2%&!"#+*12'*&2%&5+,?%"%*&!"&'#(')*+&/%'6+3&);%,%*1-&;.'*(&?4"0%3&)%56%3&0.,%&2%&
'#(('2%&6',+3&)(&;.*&'7-'&!"*,:1"&'-*&"%/(-&).#%'-3&7+,+&)+&(L%)*(&;.)%@%-%*'*('&1"1%&#."*'#*&M&!"*,(&".%3&;,%"& 7'#(&#'&/%'6'&)'&/%%*.',(&)+&7%(&5'%&12.',+3&5'%&-%@(,+&2%&#1&;1*(,%&5'%&5',%3&)'1&/'&7'#(&#'&7'#1-*+6%-(&
#',(&)+&"(&'#$%*+5&0'*.,%'&7'6+&0(&(-(8&H15&-(?('&x1)*%6%(%&0%/%"(&*,(@1%(&!5;-%"%*+3&Q&1,5('F+&#+&/.5& )'-(&/%%*.',(&)+&7%(&2%&5'%&,(01)(3&/%'6'&)'&2%&5'%&*,%)*+8
,(/("%&0(&5'%&51-*(&.,%&-'&/%'6'&7%F%#+3&;("*,1&#'&.0'*+&2%&.0'*+&)+&/("%5&!"&,';.,*&Q&0%,(#*&#1&*.6%&#(%& a51-&()*(&!5;,%#%"'*1-3&'#1F'*.,1-3&=10(#+*.,1-&2%&/%#*%5'&)'&;,.;,%(8&S-&7'#(&?,(2(-%3&)(&=10(#+3&
7'6+&0(&#',(&)1"*(5&0'*.,%&#1&,(;','6%%8 )(&#."0'5"+3&!2%&#.")*,1%(2*(&*(5"%6'&;(0(;)(%&)'-(3&)(&5+,?%"(2*(&)'1&)(&!"'-6+&!"&;1*(,%&);%,%*1'-(8
!"&-15('&);'6%%-.,&(L%)*+&("*%*+6%&);%,%*1'-(&)*,+-1#%*.',(3&0(&'&#+,.,&/(#$%5(&2%&(/.-16%(&"1&'/(5&=
"%#%&.&".6%1"(8&I#(2*%&!"-(,%/&#1&,.-1-&);(#%'-&0(&'&,(?-'&2%&)*'@%-%&.,0%"('&'#$%*+,%%&0'*.,%%-.,&#."*,'#*'*(&e
0(&01$1,%-(&15'"(3&'-(?&0%"&-%)*'&#('&5',(3&0%"&*.*'-1-&?,(2(-%-.,3&'-&0()*%"1-1%&".)*,13&.&'"15%*+&Q
#'"*%*'*(3&;(&#',(&"(:.&0'1&);,(&'#$%*',(&!"*,:.&!"*,1;',(3&1,54"0&#'&,()*1-&)+&7%(&;-+*%*(&!"&/%(6%-(&= C()*%"1-&#.-(#*%/
1,5+*.',(8&!"?(,%%&#.5@%"+&.&51-6%5(&0(&0%);.F%6%%&7%F%#(&2%&)17-(*(2*%3&;("*,1&#'&'"15%*(&.@-%?'6%%&=
0%"&5',('&".')*,+&0'*.,%(&)+&7%(&'#$%*'*(8&S%&#."01#&);%,%*(-(&-'&,(!"*,1;',(&!"*,:.&'"15%*+&"'6%1"(3&e
01;+&';*%*10%"%-(&#42*%?'*(&0(&01$1-&,();(#*%/3&2%&.,4"01%()#&')*7(-&#'&!"*,1;',('&)+&'%@+&-.#&!"*,:1" R"&(L%)*("6'& )'&*(,()*,+3& .51-& "1&#1".'2*(& -(?%-(& #',(&#."01#&1"%/(,)1-3&01#4"01:2%&/%'6'& 7+,+&
,'"?&).#%'-3&!"*,:1"&*,1;&2%&!"*,:1"&5.5("*&7'/.,'@%-&;("*,1&'#$%*',('&0'*.,%(%&!"#,(0%"6'*(&);,(&;-'*+&Q )+&2*%(&"%5%#&0();,(&5',%-(&)#.;1,%&'-(&C%/%"%*+6%%8
-'&;.,"%,('&!"*,:.&".1+&/%'6'& *(,()*,+8&C(& ,(?1-+3&'#(')*+&.,4"01%,(&)(&7'#(&#1&.'5("%%&'7-'6%&;(&= H4"0&7';*(-(&)'-(&,(-(&):'1&'#151-'*&;,('&51-*3&#4"0&?4"01,%-(&2%&/.,@(-(&'1&#,('*&!"&;,('=5'&)'&
*,(;*(-( & %"7(,%.',( & '-( & )#+,%% & (/.-16%(% & );%,%*1'-(8 .&-15(&"(/+F1*+3&!5;%(0%#4"0&'=1"?(,('&7-1%0(-.,&)1;(,%.',(&;4"+&-'&(-3&#.;-(2%*&0(&;./','&;+#'*(-.,&
)'-(&'01"'*(&0%"&/%'6+&!"&/%'6+3&.51-&/'&7%&)51-)&0%"&)(,%'&"().#.*%"6(-.,&)'-(3&;,%"*,:.&F?101%,(&
R )17-(*(')#+&;1*(,"%#+8&I#()*&)(%)5&!-&/'&'01#(&-'&.&'-*+&#."#(;6%(3&-'&.&'-*+&!"6(-(?(,(&'&'0(/+,1,%-.,3&'&
S"*%*+6%-(&);%,%*1'-(&5'%&@+*,4"(3&#1".)#+*.',(&'&5',%%&-(?%&(/.-1*%/(3&0.,%"0&)+&)(&0(F,.@(')#+&=& -(?%-.,3&'&-(?+*1,%%&0%"*,(&(-&2%&#'1F(-(&#,('*(&0(&(-8&!"&/(0(,('&'#()*1%&)#.;3&0()*%"1-&)+1&()*(&')*7(-&
0(&#+*12(-(&?,(2(-%-.,&0%"&*,(#1*3&;("*,1&'&)(&,%0%#'&!"&-15%"'&H(,1,%-.,3&#'1*+&)+:2%&%'&.&;.,6%(&#4*&=&5'%& '-#+*1%*&!"#4*&/%'6'&*,1;(')#+&)+:%&7%(&@,1)#&#1,5'*+3&;,%"*,:.&5.',*(&/%.-("*+&!"&,+F@.%3 &,(/.-16%(3&
5',(3&#4*&5'%&01,(,.')+3&0%"&0()*%"1-&-.,3&'#$%*4"01:2%&5'%&,(;(0(&0'*.,%'&'01"'*+&!"&*%5;&0(&5%%&0(& %"#("0%13&#1*,(51,3&"'17,'?%13&#'*')*,.7'&7(,./%',+&(*#8
/('#1,%8&I2'0',&(-(&!2%&7+1,()#&)%"?1,(&;,.?,'51-&/%(6%%&/%%*.',(8 P.6%&#(%&0()(5"'6%&0(&o.,6(-(&#(,(2*%3&0(&);%,%*(-(&(L(#1*.',(&'-(&-(?%%&0()*%"1-1%3&)+&*,('#+&;,%"*,:
P,(#4"0&0%"&-15('&(*(,%#+&!"&#('&7%F%#+3&@%(*1-&);%,%*&'&1%*'*&*.*1-3&2%&#4"0&5%F(,%'3&;,%?.'"'&2%&.& .&5.',*(&/%.-("*+3&/.,&7%&'01"'6%&!"*,:.&F%&-'&1"&-.#3&7%%"0&;12%&!"&)%*1'6%'&0(&'&;%(,%&@,1)#&0%"&(L%)*("6'&
/%'6+&;-%"+&0(&01,(,%&2%&-'#,%5%&!-&#.;-(2()#3&)(&5%,+&0(&'*4*'&"(7(,%#%,(&2%&0'*.,%*+&"(2*%%"6(%&)'-(&)(& -.,&7%F%#+8&K(&/.,&!5@',#'&;(&'#(-'2%&/';.,&:&#',(&/'&"'17,'?%'3&*,("1-&-.,&/'&0(,'%'3&/.,&5(,?(&-'&1"&
,(/.-*+A&BH1&#(&'5&?,(2%*&C.'5"(&0(&)1"*&'*4*&0(&;(0(;)%*DE&I&1%*'*&)+,5'"1-&#+&)%"?1,&2%:'&'-()& *('*,13&1"0(&/.,&7%&#',@."%F'6%&0(&1"&%"#("0%1&(*#8&!")+&/.,&)#+;'&*.6%&#(%&"(0()*%"'6%&'#()*1%&7(-&0(&'&
'#(')*+&/%'6+&)742%(*.',(8&J1&%:'&%5;1)&"%5("%3&"%#%&#$%',&H,('*.,1-3&'-(?4"0:.&'#.-.&)1)3&;(&#4"0& ;-(#'&0%"&-15('&7%F%#+3&"('/4"0&!"&0()*%"1-&-.,&0'*.,%%&0(&;-+*%*&;,%"*,:1"&'##%0("*
2*%'&0(&-(?%-(&#',(&01#&-'&);-("0.,%-(&"(?,+%*(&'-(&/%(6%%&);%,%*1'-(8
H15&)15'&?,(2(-%-.,&'01"'*(&/('#1,%&"("15+,'*(&()*(&7.',*(&5',(3&2%&#15&('&"1&)(&;.'*(&'#$%*'&
!"*,:.&)%"?1,+&/%'6+3&.51-&,(/%"(&5(,(1&-'&/%'6'&*(,()*,+3&!"*,1;4"01:)(&;4"+&#4"0&/'&2*(,?(&*.'*(
34

UW_ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&:&C,%7'&#',*( >()*%"18&27181% UWU

)'1&#'*')*,.7+8&I#(2*%'&/.,&;%(,0(&*,("1-&)'1&/.,&,("1"6'&!"&1-*%51-&5.5("*&0(&'&5'%&;-(#'&#1&'#(-& !"6(-(?4"0&-(?('&@%"(-1%&2%&'&%1@%,%%3&'#(2*%&.'5("%&!2%&'"'-%F('F+&7%,('3&!2%&,(#1".)#&#','#*(,1-&2%&
*,(" & )'1 & /';.,3 & /., & )#+;' & #' & ;,%" & 5%"1"( & 0%" & 5%=-.#1- & 1"(% & #'*')*,.7( & )(%)5%#( & )'1 & ' & 1"(%& )-+@%#%1"%-(3&;.,"%"0&$.*+,46%&-'&#.,(#*',('&0(7(#*(-.,&2%&-'&!"*+,%,('&;+,6%-.,&@1"(8&>*%%"0&#+&*.*1-&',(&
!");+%54"*+*.',(&;-.%&0(&?-.'"6(&(*#8&H'F1-&)(&/'&;,(F("*'&51-6%5%%&"(2*%1*.',(&#'&7%%"0&B.&)#+;',(& 1,5+,%3&#+&/.,&7%&%(,*'6%&!"&'#(('2%&5+)1,+&!"&#',(&'1&%(,*'*3&#1".)#4"0&#+&.,%#(&7';*+&,('3&.,%#4*&0(&
;,./%0("6%'-+E3&0',&!"&,('-%*'*(&'&7.)*&0(*(,5%"'*&0(&-(?('&#'1F'-%*+6%%8 ,(01)+&',&7%3&/'&*,(@1%&(L;%'*+3&7%%"0&#."2*%("6%&#+&.,%#(&?4"0&;,(?+*(2*(&5("*'-%*'*('&2%&7'#1-*+6%-(&
H'&)+&%-1)*,(F&'#()*&7(-&0(&(L;%(,(&'-&0()*%"1-1%&#.-(#*%/3&2*(,)&;,%"*,:.&)17(,%"6+&#.51"+3&/.%&#%*'& .51-1%&0%"&;,(F("*3&0',&5'%&'-()&;(&#(-(&0%"&/%(6%-(&/%%*.',(3&/.,&(L;,%5'&!"&/%'6'&-.,&*(,()*,+&0.',&
1" & #'F & ;(*,(#1* & !" & 6',' & ".')*,+8 & !" & '"1- & <sXq & ;,()' & ,.54"+ & ' & ;1@-%#'* & 0'*( & ')1;,' & "(".,.#%,%%& @-4"0(6(&2%&%(,*',(8&I#(2*%&.'5("%&)(&0();,%"0&0%"&#1,)1-&?("(,'-&'-&(/.-16%(%3&/.,&1,5'&#."2*%("*&2%&
;(*,(#1*(&!"&#.51"'&H.)*(2*%3&=10(61-&I,?(28&!"&K+;*+54"'&9'*%5%-.,3&!"&;,('=5'&#.5(5.,+,%%&!"/%(,%%& 2*%%"6%7%#&.&#'-(&);%,%*1'-+3&'#151-4"0&!"&7%%"6'&-.,&5'*(,%%&5'%&7%"(8&!"&'#()*&7(-&/.,&0%);1"(&0(&7.,6(&
C.5"1-1%&".)*,1&R)1)&H$,%)*.)3&):'&';,%")3&0(&-'&.&-154"',(3&@%)(,%#'&0(&-(5"3&',F4"0&<<q&;(,).'"(8& 5'%&5',%&0(#4*&7,'6%%&-.,3&;+2%"0&?,+@%6%&)+:2%&*(,5%"(&#4*&5'%&,(;(0(&2#.'-'&;+54"*1-1%8
T"&#(,#&0(&,(/(-'6%(&0%"&p1#1,(2*%3&'&;,%5%*3&;,%"&%"*(,5(0%1-&1"1%&5(0%153&.&#.51"%#',(&,(7(,%*.',(& U%%&0(&/('#1,%&'&01,'*&;4"+&#4"0&.51-3&)1;1)&-'&7-'#+,'&01,(,%-.,&2%&'&)17(,%"6(-.,&0(&*.*&7(-1-3&'&
-'&'#()*&#'F8&R'*+&*(L*1-&#.51"%#+,%%A '=1")&-'&5.5("*1-&7(,%#%*&!"&#',(&)+&!"6(-('?+&#+&0(')1;,'&*1*1,.,&-1#,1,%-.,&(L%)*+&-(?%&%"7-(L%@%-(8&
BK1"*&5'%&@%"(&0(&*,(%&)1*(&0(&'"%&0(&#4"0&;,%"&';1)1-&S1,.;(%&.'5("%%&)(&1#%0('1&!"*,(&(%3& C%"&'#()*&5.5("*3&.51-&*,(#(&!"&)74,2%*&-'&;',*('&'&0.1'&'&(L%)*("6(%&)'-(&*(,()*,(3&)(&"'2*(&!"&-15(&
;("*,1&%0(%-( &-.,& ,(-%?%.')(8 &!"&o,'"6'3 &)1@ &%")*%?'6%'&;,(.6%-.,3&#(*+6("%% &#'*.-%#% &!% &1,5+,('1 & 2%:*& 0%"&".13&0',&0(&'#(')*+&0'*+&)(&@.*('F+&!"&-15%"'&);%,%*1'-%*+6%%8&['&51,%&2%&)(&/'&"'2*(&2%&0(&'#15&
(L*(,5%"'1 &;(&$1?$(".6%%& ;,.*()*'"6%8 &H1 &*.'*( & ;,%?."%,%-(& 2%&)17(,%"6(-( & !"01,'*(3 &$1?$(".6%%& '1& !"'%"*(3&0',&/%(6%-(&-1%&)(&/.,&)#1,?(&5'%&-%"3&/.,&7%&5'%&;%.')(3&5'%&7(,%#%*(&%',&;,.?,()1-&)+1&);%,%*1'-&
;,(7(,'*&)+&5.',+&0(#4*&)+&)(&-(;(0(&0(&#,(0%"6'&-.,8 /'&7%&0%"&#(&!"&#(&5'%&'##("*1'*8
G' & '#(' & (;.#+3 & !"*,:1" & 5%# & )+*1#3 & ;%*%* & -' & ;.'-(-( & 51"6%-., & H(/("%3 & ):' & ')#1") & . & 54"+ & 0(& a51-&/'&2*%&#+&5%"#%1"%%&#',(&#1*,(%(,+&);'6%%-(&*,(@1%(&)+:%&.;1"+&7.,6'&'0(/+,1-1%3&;("*,1&#'&
$1?$(".6%3&?."%6%&#'&7%',(-(&)+-@'*%#(3&#'*.-%#%%&#.")%0(,4"01:%&(,(*%#%8&I%#%3&"('/4"0&@%)(,%#+3&)+&)(& ')*7(-&)+&0%)*,1?+&7.,6(-(&#(&)(&.;1"&5(,)1-1%&.5("%,%%&);,(&;(,7(#6%1"(8&S-&/'&2*%&#+&!5;.*,%/'&7.,6(%&
,.'?(&-1%&C15"(F(13&)(&71,%2'1&".';*('&1"1-&#4*(&1"1-&;(&0,151,%&')#1")(3&;(&#+,+,%&;-%"(&0(&);%"%3& ?4"01,%-.,&(?.%)*(3&#',(&0(F'?,(?+&5'*(,%%-(&2%&*1-@1,+&',5."%'&0%"&"'*1,+3&(&"(/.%(&)+&,+);4"0(')#+&
#+*,(&1"&;1"#*&5'%&,%0%#'*&'-&51"*(-1%3&1"0(&)(&'01"'1&!"*,:1"&'0+;.)*&0(&/%*(3&7+#1*&0%"&*,1"#$%1,%& 5(,(1&7.,6'&%1@%,%%&2%&'&1"%,%%8&S-&/'&2*%&#+&7.,6'&,1?+#%1"%%3&#(&#$('5+&0%"&);'6%1&-15%"+&:&7.,6(-(&2%&
?,.')(&0(&-(5"&2%&)#4"01,%8 5'*(,%%-(&@%"(7+#+*.',(&:&;.'*(&'5(-%.,'&)'1&/%"0(#'&.&@.'-+3&;.'*(&#.").-'&.&;%(,0(,(&)'1&!"*+,%&1"&
J1&0(;',*(&0(&'#()*&)+*1#3&(,'&1"&.,+2(-&1"0(&!2%&'/('&)(0%1-&(;%)#.;1-&#'*.-%#&0%"&;',*('&'#(('8& )17-(*8&I,1"#%3&')(5("('&1"1%&).',(&0+*+*.,&0(&/%'6+&2%&-15%"+3&.51-&/'&,+);4"0%&#+*,(&'"15%*(&
S&K+;*+54"'&U',(3&)(&6%"&;,(0%#%&;,%"&*.'*(&@%)(,%#%-(&#'*.-%#(3&.#'F%(&#1&#',(&)(&*1"+&2%&71-?(,+&!"& ;(,).'"(&@.-"'/(3&"(#+=%*(&2%&0%);(,'*(3&/'-1-&,1?+#%1"%%&)'-(3&-(&/'&!"#."=1,'&#1&7-1%0(&@("(7%#(&2%&
#."*,'&(,(*%#%-.,8&!"*,(&'-*(-(3&(;%)#.;1-&0%"&'#()*&.,'2&);1)(A&lI:%&0%)*,1?(&;(&'#(2*%&.'5("%&()*(&.& -15%".')(3&0+,1%"01:-(&)+"+*'*(&2%&(-%@(,4"01:-(&0%"&'04"#1-&54$"%,%%&!"&#',(&'1&#+F1*8
@%"(7'#(,(3&()*(&'&7'#(&1"&-1#,1&;-+#1*&0.5"1-1%3&'&#42*%?'&1"&-.#&!"&#(,n:3&2%&';.%&#1&1"&?()*&-',?&-(& 9,%"&1,5',(3&0%"&F%1'&#4"0&.51-&):'&#."/%")&#+&(L%)*+&-(?%&#(&#."01#&(L%)*("6'&1"%/(,)1,%-.,3&0%"&
0+01&@%"(#1/4"*',('8&lC1#(6%:/+3&#+1*'6%:%&2%&.,%1"0(&!%&/(6%&?+)%3&0("1"6'6%:%n8 F%1'&#4"0&)(&)*,+01%(2*(&)+&,(;',(&*,(#1*1-&2%&)+:2%&'5(-%.,(F(&/%%*.,1-3&(-&/'&-1#,'&#1&7.,6(-(&;(&#',(&%&
a&/.#(&')#16%*+&0(&7(5(%(&)(&,%0%#+&0%"&5%=-.#1-&51-6%5%%A&lS1&#1".)#&1"&#1%@&0(&$1?$(".6%3& -( & ;1"( & -' & 0%);.F%6%( & C%/%"%*'*('3 & ;("*,1 & ,%0%#',(' & #(-., & 0( & )1@ & (-8 & N,'6%( & /.%"6(% & )'-(3 & !2% & /'&
2*%1 & 1"0( & )( & '01"+3 & 2% & ;()*( & #4*(/' & .,( & )( & /., & !"*,1"% & '#.-.8 & K+ & 5(,?(5 & )+:% & 0%)*,1?(5n8 & C%"& !5@1"+*+6%&5(,(1&0()*%"1-&2%&/'&!"01-#%&).',*'&'-*.,'3&;4"+&/'&'=1"?(&-'&;(,7(#6%1"('&7%"'-+&'&(/.-16%(%&
51-6%5(&)(&0();,%")(&.&#('*+&0(&<<q&;(,).'"(&:&@+,@'6%3&7(5(%&2%&*%"(,%&:&2%&;,%"&0,151,%&')#1")(3& *(,()*,(8&S-&/'&7'#(&#(('&#(&,('-%F('F+&2%&7%F%#%'"1-3&#',(&(5%*(&1"&)1"(*&0(&.&'"15%*+&/%@,'6%(3&1,5'*&
"(#1".)#1*(&"(7(,%#%6%-.,&0(&$1?$(".6%3&):'1&01)&;4"+&-'&-.#1-&-.,&0(&,1?+#%1"(8 0(&1"&'-*&)1"(*&'&#+,1%&-%5%*+&%"7(,%.',+&0(&/%@,'6%(&#.,();1"0(&-%5%*(%&)1;(,%.',(&'&;,%51-1%&)1"(*Q&
K1@ & '0+;.)* & )( & '7-'1 & _X & 0( & ;(,).'"(3 & !"+-64"0 & #1 & )17-(*1- & ;%(,01* & ,1?% & 7%(,@%"6% & #+*,( & H(-& #(-(&0.1+&)1"(*(&)(&/.,&!"*4-"%3&2%&-'&!"*,(*+%(,('&'#()*.,&0.1+&7.,6(&)'1&/%@,'6%%&)(&;,.01#(&-%"%2*(8&
I*.*;1*(,"%#8&H(%&/("%6%&'1&!"#."=1,'*&'0+;.)*1-3&'1&';,%")&*.,6(&2%&%:'1&0'*&,(;(0(& 7.#8&p+,@'6%%& I#()*&7(".5("&;.',*+&"15(-(&0(&%"*(,;(,(".+O9
6%"*('1&#1&',#$(@1F(-(&!"#+,#'*(3&?'*'&)+&1#%0+&;(&.,%#',(&',&0'&)+&71?+&0%"&'#(')*+&#')+&0(&,1?+#%1"(8& P.*&')*7(-&;.'*(&-1#,'&7.,6'&%1@%,%%&#."*,'&7.,6(%&1,%%8&!"&7(-1-&'#()*'3&.51-&0,(;*&/'&'=1"?(&-'&
9,(0%#'*.,1-&.@)(,/+&?,.F+/%'3&!2%&0+01&)('5'&#+&"1&5'%&()*(&"%#%&.&)#+;',(8&H1&/.#('&*,(51,4"0+&0(& *+#(,(&2%&;'#(3&-'&',5."%F',('&2%&(#$%-%@,',('&7.,6(-.,&)'-(3&-'&(-%@(,',('&)17-(*1-1%&0(&)1@&%"7-1("6'&
(5.6%(3 & F%)(A & lo,'6%-.,3 & ' & /("%* & /,(5(' & )+ & 0+5 & ).#.*('-+ & C.5"1-1% & 0( & 8/%'6' & ".')*,+8 & p1"1-& "(7')*+&'&7.,6(-.,&0%)*,1?+*.',(8
C15"(F(1&)+&"(&%(,*(&;+#'*(-(3&)-+@%#%1"%-(&2%&?,.'F'&0(&#',(&)17-(*(-(&".')*,(&)1"*&#1;,%")(&'#153&2%& K1@-%51-&".)*,1&C.5"&R)1)&H$,%)*.)&'&);1)A&B&?E"5&1"18&*(&820(3*(/&!"*%"5(&3%&#(8+8'8*&2A,'Mk9&S-&
)+&%(,*(&2%&;(&"(".,.#%6%%&#',(&"(:'1&1,5+,%*&#1&1,'&-.,3&;,(#15&%:'&%(,*'*&U4"*1%*.,1-&;(&#+-+%%&K+%n8&I& '&0.,%*&)+&);1"+A&;'-5'&;,%5%*+&'#15&(&;'-5'&;(&#',(&'%&0'*:.&.0'*+Q&()*(&(7(#*1-&#'1F(%&;,.01)+&0(&
0.1'&F%&:&)+,@+*.',(&5',(&;,%"*,(&#'*.-%#%8&K:'&5'%&0%)*,1)&1"&#1%@&0(&2(,;%8&K1)&;(&51"*(&"1&'&5'%& *%"(&!"*,:.&'-*+&!"*,1;',(8&P13&#',(&'%&;,%5%*&;'-5'3&"1&*,(@1%(&)+&,+);1"F%&#1&.&'-*+&;'-5+3&#+#%&!"&
,+5')&0(#4*&.&54"+&0(&#("12+3&.')(&#'-#%"'*(3&.&p%@-%(&',)+&;(&-'&#.-61,%&:&H1/4"*1-&C.5"1-1% &"1& '#()*&#'F& ?("(,(F%& .&#'1F+3&'-& #+,(%&(7(#*&!-&/(%&#1-(?(& #4"0/'8&H'& )+&"1& 5'%&#."*%"1(& '#(')*+&
;%(,(8 !"2%,',(&0(&#'1F(&2%&(7(#*(3&!"*%"0(&2%&#(-+-'-*&.@,'F3&!"&/%,*1*('&-(?%%&%(,*+,%%8
I6% & %(,*'* & /.% & 5',*%,%3 & 0', & -(?(' & 0,(;*+6%%3 & -(?(' & #'1F'-%*+6%% & "1 & )( & ;.'*( & !"-+*1,'8 &I#6%1"('& S&?,(1&0(&!"6(-()&!"+-6%5('&'#()*.,&#1/%"*(&'-(&G15%"%%&-15%-.,&)%)*(51-1%&".)*,1&).-',3&0',&2%&
"().#.*%"6(%&-.,&/'&*,(@1%&)+&'%@+&1,5+,%3&)'"#6%1"%M 5'%&?,(1&()*(&0(&';-%#'*8
P,(%&)1*(&2%&5'%&@%"(&0(&'"%3&);%,%*(-(&'#()*.,&1#%?'2%&'1&,+*+#%*&;,%"&);'6%13&!"/+-1%6%&!"&".';*('&
"('?,+&2%&*.,*1,'6%&0(&'#*1-&-.,&"(@1"()#8&C.5"1-&%:'&'01"'*&;(&*.6%&-'&1"&-.#3&'F%&;(&1"1-3&54%"(&;(&
'-*1-3 & '01#4"01:% & 0%" & ".1 & ;( & ;+54"*3 & #' & .'5("% & *,1;(2*% & !" & )'*1- & H.)*(2*% & 0%" & c.54"%'Q & %', & !"&
K+;*+54"'&U',(3&;(&#4"0&)(&,1?'13&'1&',)&*.6%&#(%&<<q&#',(&'1&0'*&7.#&7,'6%-.,&0(&'-*+&#,(0%"6+8&I1& H4"0&!2%&*(,5%"+&.51-&(L%)*("6'&*(,()*,+D
;-+*%*&7';*'&-.,&0%"&*,(#1*M&G(?('&0%/%"+&):'&(L(#1*'*8
H%"(&.5.',+&;,%"&)'@%(3&;,%"&)'@%(&/'&;%(,%8&H%"(&.5.',+&;,%"&7.#3&;,%"&7.#&/'&;%(,%8&J%5%#&0%"&
#(&;',(&.51-1%&"(!"6(-()3&"1&()*(&7+,+&,.)*8&P.*1-&()*(&,(#.5;(")'*&:&2%&7';*'&@1"+3&2%&#('&,('ME K1"*&5%-%',0(&0(&/('#1,%3&;(&#',(&5%"*('&".')*,+&"1&-(&;.'*(&#1;,%"0(3&0(&#4"0&.51-&'&;-(#'*&0%"&
K4"1-&H,('*.,1-1%&2%&'&/("%*&!"&)7(,'&#,('6%%-.,3&;("*,1&'&)*10%'&.;(,'&P'*+-1%&2%&'&)(&!"517"(M(%9
$ $ $ C(&'*1"#%&'&*,(#1*&0%"&5'*(,%(&!"&5'*(,%(3&)17-1-&0(&/%'6+&0%"&[%'6'&H,('*.,1-1%&'"%54"01:<&0%"&
#(&!"&#(&5'%&%"*(")8&I&7.)*&.&7.,5+&)1@*%-+&:&#'&?4"01-3&'&7.)*&.&7%%"6+&21@,(0+&:&#'&5'*(,%'&')*,'-+8&I&
9+54"*1-&)(&,.*(2*(&!"&=1,1-&'L(%&)'-(&!"*,:.&F%3&2%&!"&'#(-'2%&*%5;&#+-+*.,(2*(&5(,(1&!"&=1,1-& 7.)*&,4"0&;(&,4"0&;%'*,+3&;-'"*+3&'"%5'-&2%&5'%&';.%&.53&*,+%*.,&;(&1"&?-.@3&01#4"01:2%&.&(L%)*("6+&
).',(-1%3&!"#."=1,4"01:<&!"*,:1"&'"8&[,(5('&)(&)#1,?(&5(,(13&'"%%&2%&)(#.-(-(&)(&!"2%,+&7+,+&.;,%,(8 /(#%"+&#1&'&1"1%&'"%5'-8
S"*%*+6%-(&);%,%*1'-(&/%"&/'-1,%&-'&,(!"*,1;',(3&;(&)1;,'7'6'&;+54"*1-1%3&;("*,1&':2%&7'#(&2#.'-'& I1&*,(#1*&51-*(&5%-%.'"(&0(&'"%&0(&'*1"#%3&0%"&"(2*%1*.,&,%0%#4"01:)(3&;,%"&)17(,%"6(&'*,.#(3&-'&
!"6(-(?(,(&2%&#1".'2*(,(8&H."2*%%"6'&%&)(&-15%"('F+&0%"&#(&!"&#(&5'%&51-*3&%',&'#15&()*(&!"&5%=-.#1-&
/%(6%%3&%',&01;+&1"&*%5;&)(&!"*.,#&!"&);'6%18&I#(')*+&5%?,'6%(&%"*(")+3&0(&-'&H(,&-'&;+54"*3&.,%&0(&-'& 1".,&/%(6%&)1;(,%.',(3&!"&5%=-.#1-&1"(%&#%/%-%F'6%%&#(&;',(&':<&01#(&5(,(1&!"'%"*(8
;+54"*&-'&H(,3&)(&1,5('F+&)1*(&0(&5%%&0(&'"%3&'/4"0&#'&)#.;&;(,7(#6%."',('8
T5'"%*'*('&)(&!"2%,+&')*7(-&%"#."2*%("*+&;(&#'-('&(/.-16%(%3&!5;%")+&0(&-(?('&;,.?,()1-1%8&C%"&
'#(')*+&51-6%5(&"()74,2%*+3&,+)',&!"&'"15%*(&-.#1,%&2%&5.5("*(3&("*%*+6%&);%,%*1'-(&!"&#',(&)(&0(F/.-*+&
7'#1-*+6%&0%/%"(3&?,'6%(&#."2*%%"6(%&-.,&5'%&0(/,(5(&%-15%"'*+3&?,'6%(&0()*%"1-1%&-.,&5(,(1&7(,%#%*3& Z&a,%#(&?4"0&)'1&'#6%1"(&@("(7%#+&/'&'"%$%-'&;(&#(-(&5'-(7%#(&!",(?%)*,'*(&!"&I,$%/'&#(,(')#+8&U',%-(&G15%"%&#(,(2*%&"(&,(#.5'"0+&
?,'6%(&1".,&F?101%,%&)17-(*(2*%&#(&'1&!"7-+#+,'*&2%&#1;,%")&!"*,('?'&-.,&7%%"6+8&I7-4"0&,.)*1-&/%(6%%3 ;("*,1&7%(#',(&?,(2('-+&#.5%)+&#1&?4"01-3&/.,@'&)'1&7';*'3&)+&-(&B%"*(,7(,+5E&#1&?4"01,%&2%&7';*(&%F/.,4*(&0%"&%1@%,(8
UWV >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&C,%7'&#',*(

R'&)('5'3&.51-(3&#1".2*%&0()*1-&0(&@%"(&5'*(,%'&7%F%#+&2%&-(?%-(&(%3&;.)(F%&51-*(&0%"&)(#,(*(-(&
"'*1,%%3&0',&'%&;%(,01*&-(?+*1,'&#1&)7(,(-(&)1@*%-(3&#1&5'*(,%'&;,%5.,0%'-+&'&H,('*.,1-1%3&#1&-(?%-(&
0%/%"(3 & #1 & !")12% & H,('*.,1- & *+1M & K17-(*1- & *+1 & )( & 0()7'*+ & #1 & ;-+#(,%-( & -15%% & 7%F%#(3 & -' & -15%"%-( & (%&
)#-%;%*.',(3&0',&;%(,%*.',(8&J1&1%*'&)+&;,%/(2*%&2%&H(,1-3&"1&1%*'&,1?+#%1"('&:&)#','&#(&*(&,%0%#+&!"&
)7(,(-(&)1@-%5(&'-(&/%(6%%&/(2"%#(8&c1?+#%1"('&()*(&'"*("'&;(&#',(&.&!"*%"F%&);,(&R"7%"%*3&;("*,1&'&)(&
#.@.,!&7-1%0(-(&0%/%"(&#(&*(&/.,&!"*+,%&2%&7(,%#%8
I%&)17(,%*&/('#1,%&;()*(&/('#1,%3&'%&*,(#1*&;,%"&*.'*+&?'5'&'5+,+#%1"%-.,&2%&#$%"1,%-.,&)17(,%"6(%&
)17-(*(2*%3&'%&;-+*%*&5(,(1&0%"&0'*.,%%-(&#."*,'#*'*(&2%&!")#,%)(&!"&#',*('&*'&#(,(')#+3&0(&;(&#4"0&(,'%&
)+-@'*%#3&5'%&';.%&@',@',3&,4"0&;(&,4"0&@'"0%*3&$.63&'/',3&1"&(?.%)*&7(,.#(3&1"&/'"%*.)&7+,+&)('5+3&2%&
'2'&5'%&0(;',*(8&C',3&-'&7%(#',(&!"*,1;',(3&/%'6'&;+54"*(')#+&*(:'&!"/+-1%*&#1&*("*'6%%&2%&0.,%"6(&".%3&
#',(&*(&-(?'1&%',+&0(&;+54"*3&!")#,%%"0&0%"&".1&!"&#',*('&0()*%"1-1%&*+1&?,(2(-%&;()*(&?,(2(-%8

2
I2'&7%%"03&)(&;',(&#+&'@%'&'#$%*+5&0%"&0()*%"1-&".)*,1&.&?,(2('-+&0%"&*,(#1*3&#+&7'#(5&'-*(-(&".%8&
C'#+&-1#,1,%-(&)*'1&')*7(-3&#4"0&"(&/.5&)#+;'&0(&-(?+*1,%-(&;+54"*1-1%3&0(&#$(5',('&-'&"'2*(,(&2%&
5.',*(D&H4"0&/.5&!"#(*'&0(&'&5'%&,(/("%&!"&*,1;3&'%#%&)'1&;(&.&'-*+&;-'"(*+D&H4"0&/.5&'=1"?(&)+&"(& ()#,%(,(' & %"*(-,'8+ & '&
01#(5&*,'%1-&!"&);'6%%-(&%"7%"%*(3&)1@&7.,5+&0(&);%,%*3&')(5("('&1"(%&)7(,(&)*,+-1#%*.',(D
c+);1")1-&/%"(&0%"&'"*%#$%*'*('&;,.71"0+&'&15'"%*+6%%A &#E"5&"1&0(%&7'%&'0('&"%#%&2&52,%".+ & 0($%#28(82,&("*%*+.%%&)4%,%*1'8(&17'"(&3%&
*(,()*,+9 ' & 0%(.%% & )'8( & *(,()*,(/ & 4,(M("*'*+ & !" &
C',&#15&(&;.)%@%-&)+&*,+%')#+&.51-&7+,+&0.,%"6(D&C.,%"6'&7'#(&;',*(&0%"&!")+2%&7+;*1,'&".')*,+3&('&
()*(&.&7.,5+&'&/.%"6(%&2%&/.%"6'&()*(&#4,5'#%1-&/%(6%%&".')*,(&!"&/(2"%#%(8&H1&*.'*(&'#()*('3&"15'%& ,-*%. ' /.-"01 '(L4,%7+ & #1"23*%".( & 3%&
-%;)'&0.,%"6(-.,&5'*(,%'-(&:&#',(&"(&!5@%(&-'&;.)(0',('&0%7(,%*(-(&-1#,1,%3&-'&.@6%"(,('&1".,&;-+#(,%&2%& ,(;8(#.%%&(L*,')(&5%"&81#,+,%8(&41A8%#'*(&
)*+,%&).#%'-(&:&"(&;.'*(&(-%@(,'&0%"&#+*12(-(&/%(6%%&;+54"*(2*%8&H4*&*%5;&!")12%,%-(&0%/%"(&0.,5&!"&
)#4"*(%'&0%"&.53&()*(&"(/.%(&#'&.51-&)+&'-(,?(3&)+&0.,(')#+3&)+&)(&F@'*+3&)+&)17(,(3&;("*,1&#'&;,%"& 5(&!"'%"*'3%%&7(%/&8'&#',(&'7&'5+1-'*&3% &
'#()*(&'#6%1"%&)+&)#.'*+&0%"&).5".-("6'&-.,&7'#1-*+6%-(&)1@-%5(3&#."2*%%"6'&0%/%"+&#(&F'#(&-'*("*&!"& 5%"&'5(0+,1,%8(&#271"%#'*(&5(&4,%(*("%% &
-15%"%6'&0%"&7%%"6'&".')*,+8
U.*.,1-&'#6%1"%-.,&.51-1%&()*(&0.,%"6'8&K1@&%5@.-01-&(%3&)1@&@%#%1%,('&(%3&.51-&(&)#.)&0%"&%"(,6%'& 7(%&#(,(3*%9
)'3&0%"&-("('&)'8&9,%/%6%&-'&)+-@'*%#1-&0%"&=1"?-+e&#15&0.',5(&!"*%")&-'&15@,'&#.;'#%-.,8&K(&0(2*(';*+&
-'&.&/,(5(3&)(&!"*%"0(3&0',&;',(&6%"*1%*&-.#1-1%8&R")+&7.'5('&!"#(;(&)+:<&!5@.-0(')#+3&!"&5%"*(&!%&/%"(&
%5'?%"(' & 54"#+,%%8 & K( & "'2*( & !" & (- & 0.,%"6' & 0( & ':2% & ;,.#1,' & #(/' & 0( & 54"#',( & #' & )+:2% & ;.*.-(')#+&
7.'5('8&I2'0',3&7.'5('&!-&0(*(,5%"+&)+&)(&,%0%#(3&)+&15@-(3&)+&#'1*(&1"&7,1#*3&.&,+0+#%"+3&1"&/%(,5(&
.,%&1"&'"%5'-&5'%&#+,".)3&#'&)+:2%&!5;'#(&"(/.%-(&.,?'"%)51-1%8&H4"0&2%:'&')*45;+,'*&7.'5('3&)(&
2 /.-"01
(&'#17&!"'%"*(/&!"&.'234.'
-1"?(2*(&0%"&".1&)+&*,4"0+/(')#+8&a,&0.,%"6'&0(&':2%&;,.#1,'&$,'"'&!%&0(2*(';*+&)%561,%-(3&!-&7'#(&
);,%"*("3&!-&!"/'6+&)+&,'@0(3&;4"+&/'&?+)%&#(&)+&5+"4"#(8&!"#(*1-&#1&!"#(*1-3&'"%&0(:'&,4"01-&2%&/%(6%& 0' & 02,A% & 52', & ?(,18/ & ,(4,(M("*'* & 4,%" &
01;+&/%(6%3&)(&0(F/.-*+&!"&7%%"6'&)'&7'#1-*+6%&5("*'-(&#(&*%"0&);,(&,('-%F',('&#(-.,&0.,%*(8 #(8( & 7'% & !"'8*( & -,'5( & 5( & ("*%*+.% &
I)*7(-3&)1@&%5@.-01-&0.,%"6(%3&.51-&#'1*+&)+:2%&#,((F(&.&(L%)*("6+&5'%&@1"+&:&#')+3&!5@,+#+5%"*(3&
$,'"+&:&)+:2%&)'*%)7'#+&.&;-+#(,(&7%F%#+&)'1&5.,'-+8&C.,%"6'&"(&,%0%#+&5(,(13&0%"&(L%)*("6+&!"&(L%)*("6+3& )4%,%*1'8(&'4',.%"+*2',(&C+7E"*181%9
);,(e"%/(-(&)1;(,%.',(3&,("15(3&?-.,%(3&2%3&!"&7%"(3&)4%,%*1'8%*'*(9

2
!"&'#(')*+&#."*%"1+&(/.-16%(3&)(&#.")*'*+&.&%-15%"',(&'&#."2*%%"6(%3&0(/("%"0&0%"&#(&!"&#(&5'%&
-15%"'*+3&5'%&=1)*&';,(#%'*.',(&'&-1#,1,%-.,&2%&7(".5("(-.,8&H1&*%5;1-3&.51-&'=1"?(&)+&!"6(-('?+&
,.)*1-&/%(6%%3&5%"1"+6%'&-(?%-.,&0%/%"(8&C(&'*1"#%3&(-&',(&;(&@1F(&-'10'&H(-1%&)1;,(53&!"&%"%5+&5%-'&2%& %"*,61" & 7'*(,%'8 & 5%#*'* & *%74&
@-4"0(6('3&,();%"?4"0&%-1F%%-(&/%(6%%&*(,()*,(8&!"6(-(?(&#+&()*(&"(#()',&)+&)(&!5@,'#(&:&#1,'*&2%&)%5;-13&
#+& *,(@1%(& )+& '%@+&1"&'0+;.)*&: & 5.0()*&2%&-%;)%*& 0(&-1L3&0(& ;.0.'@(& )#15;(8& !"#(*1-& #1&!"#(*1-3& 5(& 3'4*(&'"% &h &#14,%"ME"5 &4()*(&*,(%&
0.,%"6(-(&)'-(&0(/%"&0%"&#(&!"&#(&5'%&;1,(3&5'%&);%,%*1'-(3&"1&)(&5'%&)1;+,+3&%1@(2*(&*.*&2%&;(&*.6%&0%"& 7%% & 5( & 4'-%"% &: &7% & )6' & !"-+51%* & )+ &
=1,1-&)+13&%',*+&#(-.,&"().#.*%6%3&"1&)(&5'%&*(5(3&#+#%&2*%(&#+&0(')1;,'&*1*1,.,&;-'"('F+&C1$1-&H(-1%&
"(/+F1*8&K(&,.'?+&;("*,1&%(,*',('&?,(2(-%-.,&'-*.,'3&'=1*+&#1&7';*'&)'1&?4"01-&15'"%*'*('3&;("*,1&'&)(& (L*,'-&"17'%&'#(')*+&4',*(/&4(,7%)+&'&
,%0%#'&2%&('&0%"&".';*('&"('?,+&'&(L%)*("6(%&5'*(,%'-(3&);,(&F%1'&(L%)*("6(%&);%,%*1'-(8&H1&'-*(&#1/%"*(&:& )(&#271"%#'&27("%,%%&!"&)*'5%18&'#*1'8 &
.51-&01#(&.&/%'6+&5.0()*+3&,(*,')+3&"(!"6(-(')+&0(&#(%&51-6%8
!"&*.*&#1,)1-&'#()*(%&/%(6%3&(-&!"6(-(?(&)+:2%&7'#+&#4*&5'%&#."2*%%"#%.)&0'*.,%'&0(&).63&*'*+&2%&5(5@,1& '8&(0281.%(%&)'8(9
'-&).#%(*+6%%&0%"&#',(&7'#(&;',*(8&a&')*7(-&0(&/%'6+3&01)+&0(:'&-1"?1-&1"(%&)(,%%&0(&!"*,1;+,%3&',(&#'&
,(F1-*'*&2*(,?(,('&?,(2(-%-.,&*,(#1*(&2%&(/%*',('&'-*.,'3&!"&#'0,1-&'#(-(%'2%&/%(6%8&H.")(#%"6'&1".,&')*7(-&
0(&/%(6%&()*(&'=1"?(,('&-'&(-%@(,',('&);%,%*1-1%&0%"&#+*12(-(&#(:<&,(6%"('1&-(?'*&0(&;+54"*8
a51-(3&01#4"0&.&')*7(-&0(&(L%)*("6+&/(%&'/('&51-*(&.#'F%%&)+&*(&!"#,(0%"6(F%&;,%"&)%561,%-(&*'-(&
%"*(,"(3&;,%"&)17-(*1-&*+13&;,%"&,(/(-',('&1".,&7(".5("(3&?-')1,%&2%&5(-.0%%&0%/%"(3&#',(&*(&/.,&F?101%&
0%"&'04"#1-&7%%"6(%&*'-(&2%&/(%&#,(0(&"()*,+51*'*3&!"&/%'6'&(*(,"+&'&);'6%%-.,3&!"&@1"+*'*('&"()74,2%*+&'&
H,('*.,1-1%8&I)*7(-&/(%&'=1"?(&-'&1-*%5'&)'1&;("1-*%5'&*'&!"*,1;',(&'%#%&;(&;+54"*Q&"1&/(%&5'%&/("%&;(&
'#()*&?-.@3&!"&;(2*(,'&!"*1"(#'*+&'&*,1;1-1%3&*(,5%"4"01:6%&(L%)*("6'&*,%)*+&!"&'#(')*+&/'-(&'&;-4"?(,%%&2%&
)17(,%"6(%8&P(&/(%&!"+-6'&!"&F+,%-(&'-@')*,(&1"0(&/(%&01#(&.&/%'6+&7(,%#%*+&2%&/(2"%#+8&I%&;-+*%*&)#15;3&
;(-(,%"1-(3&'#(')*+&7(,%#%,(8&I%&*,(#1*&#1&@%"(&-1"?'&*'&(/.-16%(&;+54"*('"+8&C(&'#15&/(%&01#(&.&
(L%)*("6+&0(&);%,%*3&)1;1)&*.*12%&-(?%%&(/.-16%(%3&1,#4"0&5(,(1&*,(;*(-(&);%,%*1'-%*+6%%3&;4"+&/(%&'=1"?(&
0(&1"0(&'%&;-(#'*3&!"&;,('=5'&G15%"%%&%"7%"%*(3&'&H,('*.,1-1%8
)*+

H.51"%#+,%&0%"&H(,

J&)9&.&)%K9&.&)#'#?#(%+*+#

U',%%&;,(.6%&'%&'"*%#$%*+6%%&'01"'1&;(&;';%,1)1,%-(&-.,&*.*&#(&'7-'1&0(&-'&".%3&2%&.,4"01%"01:-(&
01;+&5'*(,%(&2%&'-7'@(*3&;+)*,'1&#1&?,%=+&'#()*(&)#,%(,%3&#'&"1&#15/'&)+&)(&;%',0+&)'1&/,(1"&.#$%&
%"0%)#,(*&)+&-(&#%*(')#+8&C(&'*1"#%&'1&1,5'*&0(#+0(,%3&;,(7'#(,%&2%&,+)*1,"+,%&0(&?1/(,"+54"*3&,(/.-16%%3&
,+F@.'%(3&'#*(&0(&/'"0'-%)53&%',&7.#1-&2%&)'@%'&-(:'1&0%)*,1)8&H(-(&;16%"(&#',(&):'1&5'%&)*,(#1,'*&0(:'&
-1"?1-&/('#1,%-.,&'1&7.)*&0%)*,1)(&2%&(-(&!"&(;.#'&!"*1"(#'*+&'&S/1-1%&U(0%18
R"&(;.#'&'#*1'-+3&".%3&'-@%"(-(&H(,1-1%3&#+1*+5&)+&,(7'#(5&2*%%"6'&')#1")+&0%"&".';*('&*%5;1,%-.,8&
H."7.,5&-(?%%&0%/%"(3&.51-&7%%"0&.5&"1&2*%(&"%5%#&0(&-15%-(&%"/%F%@%-(8&C'#+&(-&)(&'7-+&;(&.&*,(';*+&
5'%&,%0%#'*+&0(&);%,%*1'-%*'*(3&!"#(,#+5&)+:<&#."/%"?(5&0(&(L%)*("6'&-15%%&".')*,(&%"/%F%@%-(8&!"&'#()*&
)#.;&!-&;1"(5&!"&7'6'&1".,&7(".5("(&7%,(2*%3&0',&1%5%*.',(&;("*,1&(-3&)*4,"%"01:%&;1*(,"%#&#1,%.F%*'*('&
:&,().,*1-&#',(&!-&/'&!5;%"?(&-'&)*10%1-&'#()*.,&7(".5("(8&a&0'*+&;.,"%*&!"&#(,#(*',('&-15%%&".')*,(3&!%&
;1"(5 & !" & #'-( & 1" & 5(0%15 & 0( & #.51"%#+,%3 & 2% & ;,%" & (- & !% & ;,(0+5 & #1".2*%"6( & ,(7(,%*.',( & -' & -15('&
#(,1,%-.,8&H1&'-*(&#1/%"*(3&#+1*+5&)+&%"*,.01#(5&;(&0%)#%;.-1-&".)*,1&!"&2*%%"6'&;%(,01*+&0%"&/('#1,%-(&
';1)(8 & !" & 7%"(3 & #4"0 & (- & ):' & '04"#%* & )17%#%("* & !" & '#()*( & )*10%%3 & #.@.',+ & 5',%-( & ("*%*+6% & );%,%*1'-(3&
,(/(-4"01:%&0%"&*'%"(-(&#(-(&5'%&!"'-*(&-'&#',(&1"&;+54"*('"&',(&'##()8
!" &'"*%#$%*'*(3& #4"0 &#(% & '-(2%&!"*4-"('1& 1"&7(".5("&"(#1".)#1*3 &"1&"(&5'% &!"*,(@'1& ;(& ".%3&
("*%*+6%&);%,%*1'-(&-%@(,(3&#%&)(&01#('1&-'&A%A8%2*(#'&);E"*+/&1"0(3&#+1*4"03&'7-'1&(L;-%#'6%'&7(".5("1-1%&
,();(#*%/3&)'1&;,%5('1&,+);1")&-'&'"15%*(&!"*,(@+,%&,(7(,%*.',(&-'&;,.@-(5(-(&/%(6%%8
IF%3&#(,(6%&)+&/+&(L;-%#+5&*.*&#(&/(0(6%&2%&'1F%6%8&a&7'#(5&@1#1,.2%&;("*,1&-15%"',('&/.')*,+3&0',&
"1&*.*0('1"'&'/(5&-'&!"0(54"+&%")*,15("*(-(&"(#()',(3&5(0%15%&0(&.&'"15%*+&/'-.',(8&C(&'#(('&
)1"*(5 & "(/.%6% & )+ & '-(?(5 & 0%" & 51-6%5(' & .5("%,%% & ;( & #(% & #.@.,46% & !" & -15( & #1 & 5%)%1"(' & 0( & ' & 7%&
,+);4"0%*.,%%&-15%"%%&-15%%&".')*,(3&2%&;1"4"01:-(&!"&#'-(&1"&@1"&5(0%15&0(&#.51"%#+,%&)'1&7+#4"01:%&
;(&(%&5(0%15%&'10%*%/%3&-(&);1"(5&*.*&#(&()*(&"(#()',3&;("*,1&#'&(%3&-'&,4"01-&-.,3&)+&-(&'2*(',"+&;(&
$4,*%( & 2% & )+ & -( & *,'")5%*+ & 5'% & 0(;',*( & '-(2%-., & )'1 & 1#("%#%-., & -.,8 &I)*7(- & ,(7'#(5 & 2*%%"6' & H(,1-1%3&
;%(,01*+&!"&*%5;1,%-(&!"0(;+,*'*(8
C%7%#1-*+6%%&0(&'&?+)%&1"&@1"&5(0%15&)(&'0'1?+&2%&7';*1-&#+&"1&.,%#4"0&.&5',(&G15%"+&#(,(')#+&
)(&#.@.',+&#'&)+&0(;("(&0%"&2*%%"6'&1"%/(,)1-1%3&#+#%&"15'%&)*,+-1#%*.',(-(&01$1,%&)1"*&;.)().',(-(&
1".,&#1".2*%"6(&!"'-*(&2%&"15'%&(-(&'1&;.)%@%-%*'*('&)+&"(&7'#+&')(5("('&0()*+%"1%,%8
I2'0',&)(&#(,(&1"&@1"&%")*,15("*&2%&.&5',(&G15%"+&#',(&)+&#.51"%#(8&C',&'#(')*+&("*%*'*(&0(.)(@%*&
0(&-15%".')+&"1&;.'*(&#.51"%#'&.,%#1%3&#%&"15'%&5%)%."',%-.,&#.@.,46%&'%#%&;(&;+54"*8&R"&?("(,'-3&
-15('&".')*,+&)1;(,%.',+&"1&)(&;1"(&!"&-(?+*1,+&0(#4*&#1&.'5("%%&5.,'-%8&J1&)(&;.*&0' &;(,-(-(&
H(,1-1%3&#1".2*%"6'&I0(/+,1-1%3&0(#4*&)17-(*(-.,&;1,(8&I#(')*'&()*(&#('&5'%&0(&)('5+&#."0%6%(8 &J1&
'#(('2%&(L%?("6+&)(&#(,(&2%&0%"&;',*('&5(0%151-1%8&C()%?1,3&0'#+&1"&5(0%15&()*(&1"&.5&#.,(#*3&#1&
)("*%5("*(&7,15.')(3&(-&/'&#.")*%*1%&1"&%")*,15("*&'05%,'@%-3&0',&'#(')*+&#."0%6%(&"1&()*(&'@).-1*+8&
U(0%15%*'*('&)'&"1&()*(&!"&,';.,*&#1&5.,'-%*'*('&)'8&K(&!"6(-(?(&#+&1"&01$&-15%".)&#.51"%#4"0&
;,%"*,:1"&5(0%15&#1&.&5.,'-%*'*(&#(/'&5'%&)#+F1*+3&/'&)17(,%&51-*3&0',&!"&0(7%"%*%/&(-&)(&'#$%*+&0(&.&
5%)%1"(3&%',&01,(,('&)'&/'&7%&,(#.5;(")'*+8
G15('&H(,1-1%&#'1*+&)+&'01#+&-'&)("*%5("*(&5'%&@1"(&#$%',&2%&;(&#(%&%5.,'-%8&R)1)&H$,%)*.)3&o%1-&
P'*+-1%&0%/%"3&)*+*('&S-&0(&/.,@+&"15'%&#1&#(%&5.,'-%D&o1?('&S-&0(&#(%&%5.,'-%D&9(&'#(2*%'&#+1*'&S-&
)+:%& !"0,(;*(3& #+#%& ;("*,1&-15('&%5.,'-+&#.@.,4)(&;(&9+54"*3&#'&)+:%&/%"0(#(8&R)1)& H$,%)*.)&"1&
/("%)(&)+:%&/%"0(#(&;(&#(%&@.-"'/%&*,1;(2*(8&S&0,(;*&#+&%:'&/%"0(#'*&;(&51-6%&0(&-(;,+3&'&0'*&/(0(,(&
.,@%-.,&2%&?,'%&516%-.,3&'&!"/%'*&5.,6%&(*#3&0',&-'&1,5'&1,5(%&S-&"1&/("%)(&;("*,1&'#()*(&)(5"(&:#',(&
',+*'1&C%/%"%*'*('&K'8&I&/("%*&)+&)*'@%-(')#+&.&0.#*,%"+3&.&".1+&-%"%(&0(&#."01%*+&.5("%,%%8&U1-6%&
@.-"'/%&'7-'6%&!"&9'-()*%"'&'1&,+5')&"(/%"0(#'6%M&I2'0',3&S-&"1&/("%)(&)+&/%"0(#(&01,(,%-(&7%F%#(3&#%&)+&
!"0,(;*(&)*',('&0(&%5.,'-%*'*(&'&.5("%,%%8
K(&;.'*(&!5@.-"+/%&*,1;1-3&0',&)(&;.'*(&!5@.-"+/%&2%&01$1-8&C%"*,(&'#()*(&0.1+&@.-%3&#('&5'%&
?,'/+&(&'&01$1-1%3&'&);%,%*1-1%8&R5.,'-%*'*('&()*(&.&@.'-+&'&)#4"*(%%3&'&);%,%*1-1%&15'"8
C'#+&):',&5'%&7%&;+)*,'*&)#,%(,%-(&'"*%#$%*+6%%3&'6%&7%&/+F1*&'#.-.&#+&2%&)#4"*(%'&)(&;.'*(&!5@.-"+/%3&
2%&@.'-'&(%&)(&5'"%7()*+&;,%"&;(,/(,*%,('&-(?%-.,&P'*+-1%&#(,()#8&P.*&0%"&'#(-(&)#,%(,%&'6%&7%&/+F1*&#+
UWZ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"&?(, UW[

@.'-'&);%,%*1-1%&'01#(&01;+&)%"(&"(';+,'*&2%&01,(,('&*,1;1-1%&);%,%*1-1%&!"*,1;'*3&)'1&'&;(,%);%,%*1-1%& LK,M'%+*)&$%&)$9&'(>)#(.)-(,&'##)$+'%)(9%-.##
01$1-1%&-%@(,3&0()*,1;'*8
9,(.#1;',('&;,%"#%;'-+&'&("*%*+6%-.,&);%,%*1'-(&!"'-*(&()*(&)*10%1-8&S-(&/.,&)*10%'&!"&/(#%%&/(#%-.,3&
7+,+&0(&)74,2%*8&C',&0.,%"6'&-.,&()*(&0(&'&!5;+,*+2%3&#4*&0(&#4*3&0%"&#1".2*%"6(-(&-.,&!"&,4"01-&7,'6%-.,& I2'&(& .,4"01%*& 0(& )1)3& #'& !"& ?("(,'-& .51-& *,1;()#& )+& "1& 2*%(& 0(& ".%3& )+& "1& #,('0+& !"& ,1;*1-&
5'%&5%#%&:&7%(& #(%&0%"&);'6%13&7%(& #.@.,46%&!"&*,1;8&R'*+&;("*,1&#(&'5& '2*(,"1*&2%& ".%&'%#%&'#()*(& #';1-1%&#+&(L%)*+3&;,%"&);'6%%-(&(*(,'*(3&.&-15(&'&("*%*+6%-.,&);%,%*1'-(8&a51-&"('?+&#1&;1*(,(&(L%)*("6'&
#1".2*%"6(3&#'&)+&7%(&'7-'*(&0(&#(%&#(&'1&!"&)17-(*&0.,%"6'&0(&'&-(&#1".'2*(8 ".')*,+8&H(%&#',(&',&/,('&)+&#,('0+&#(,&;,.@(&;()*(&;,.@(8&I,&/,('&)+&"(&'10+&/.,@%"01:-(&;,%"&.0'%'&
J.% & #.51"%#+5& '#()*( &'0(/+,1,%& 0%"& 0,'?.)*( &;("*,1& )(5("%% & ".2*,%3 &0%"& #."2*%%"6'& #+& *.*1-& -.,3&',&/,('&#'&.&,10+&'&-.,&;-(#'*+&0%"&-15('&;+54"*(')#+&)+&-(&-')(&.&;,.@+&)#,%)+&;(&$4,*%(8&9("*,1&
*,(@1%( & )+ & (/.-1(F(8 & G' & 7(- & #15 & '5 & #.51"%#'* & 2% & !" & '-*( & *%5;1,%3 & #.51"%#+5 & 2% & 'F% & #1 & -15('& 1"%%&"%#%&'#()*(&;,.@(&"1&)1"*&0(&'=1")3&',&/,('&)+&-%&)(&','*(&%1@%*1-&-.,&;-(#'*3&!"&#',"(&2%&.')(3&)+:<&
*,1;(')#+3&0',&"1&/,(5&#'&0%"&'0(/+,1,%-(&".')*,(&)+&)(&7'#+&.&;,.7()%(3&)+&)(&#42*%?(&0(&;(&1,5'&-.,8& /'0+&2%&5'%&'-()&)+:<&;%;+%(3&#'&"1&#15/'&.#$%%&2%&1,(#$%-(&)+:%&!"2(-(8
J.%&#.51"%#+5&I0(/+,1-&"15'%&0%"&0,'?.)*(&2%&#'&)+&7%(&,+);4"0%*&;,%"*,(&.'5("%3&;("*,1&#'&'*1"#%& U'=.,%*'*('&.'5("%-.,&0(#-',+A&BH15&)+&#,(0(5&!"&(L%)*("6'&);%,%*1-1%D&#4"0&(-&"1&"%&)(&','*+3&#4"0&
#4"0&/.5&/("%&2%&".%&;,%"*,(&(%&)+&"1&@4=@4%5&;,%"&!"*1"(,%#1-&"(2*%%"6(%8 "1&2*%5&#15&()*(3&#(&#.")*%*16%(&',(3&0'#+&5'%&?4"0(2*(&#'&".%8&J1&2*%5&0'#+&#%"(/'&'&/+F1*3&'1F%*&
H4"0&/.%&7%&%',+2%&;,%"*,(&/.%3&.'5("%&*,1;(2*%3&2%&/.%&/(0('&#+&#(-&#(&;.)(0+&')(5("('&*'%"(&"1& )'1&/.,@%*&#1&/,(1"&);%,%*8&I2'0',3&"1&;1*(5&#,(0(&"15'%&01;+&/.,@(&!"&(L%)*("6'&);%,%*1-1%E8&J.%3&
#'1*+&)+&#42*%?(&0%"&(-(3&)'1&5(0%151-&"1&#'1*+&)+&;,.7%*(&0%"&0',1-&)+13&/.%&0'&#,(F',(&#1/%"*(-.,& 01$1,%-(3&!%&!"6(-(?(5&2%&-(&0+5&0,(;*'*(8&H15&)+&#,('0+3&0'#+&"1&"(&'103&"1&"(&/+0&2%&"1&"(&;.*&
)'-(8&K;%,%*1-&"1&*,(@1%(&%);%*%*&#1&@'"%8&I#.-.&1"0(&)(&#(,&@'"%3&/.,@(2*(&'-*&);%,%*3&%',&'#.-.&1"0(&()*(& ;%;+%D&!"*,:'0(/+,3&%':<&;(&1"&)+-@'*%#&'"*,.;.7'?&0%"&;+01,%-(&J.%%&N1%"((&2%&/.,@(2*(:%&0(&)*%-.13&
%"%5+&#1,'*+&2%&0(F%"*(,()3&/'&/("%&)+&#.51"%#(&1"&);%,%*&-15%".)8&a&#.51"%#',(&;-+*%*+3&')(5("('& #(,"('-+&2%&$4,*%(8&S-&*(&/'&')#1-*'3&0',&"1&/'&!"6(-(?(&"%5%#3&5+#',&#+&%&)(&/.,@(2*(&0(&-1#,1,%&
1"1%&);(#*'#.-&0(&*('*,13&"1&,(7-(#*+&I0(/+,1-&2%&)+&"1:%&'#.,0'6%&"%#%&.&!"#,(0(,(8&K;%,%*(-(&)1;(,%.',(& #.51"(3&;("*,1&#+&!"&/%'6'&)'&0(&;4"+&'*1"#%&"1&'&/+F1*&2%&"1&'&;%;+%*&')(5("('&.@%(#*(8
)( & !"0(;+,*('F+ & 0( & 1"0( & /+0 & #+ & 0.5"(2*( & -+#.5%'8 & 9-'"1- & 0%/%" & ()*( & ;-%" & "15'% & 0( & 01$1,%& G(?%&)(/(,(&"(&.;,()#&)+&"(&7'#(5&#1".)#16%&.,%#1%8&J1&.,%#(&!%&()*(&;(,5%)&1"1%&01$8&p%"(!"6(-()3&
0(F%"*(,()'*(8&J.%&"1&)1"*(5&%")*,15("*(&.',@(3&-'&0%);.F%6%'&.,%#1%Q&'/(5&%"0%/%01'-%*'*('&".')*,+&2%& (&/.,@'&0(&01$1,%-(&#."2*%("*(&0(&#(('&#(&7'#3&%',&"1&0(&#(-(&#1&*.*1-&%"7(,%.',(3&;("*,1&#',(&"1&(L%)*+&
)#.;1,%-(&".')*,(&"1&)(&!"0(;-%"()#&#1&)'*%)7'#6%%&5'*(,%'-(3&#%&"15'%&#1&0,'?.)*(&2%&@1"+*'*(8 "%#%&.&-(?(8&S-(&)1"*&.',@(&2%&)(&#."01#3&#'&2%&'"%5'-(-(&;(&#',(&-(:'1&!")17-(6%*3&"15'%&01;+&%5;1-)1-&
C'#+&?+)%5&1"&@1"&5(0%153&!-&'#.;(,%5&#1&%1@%,('&2%&;,.*(#6%'&".')*,+8&I#.-.&1"0(&(-&.5("(2*(& 0(&5.5("*&2%&)1@&%5@.-01-&%")*%"#*1-1%8
()*(&@%"(&#."01)3&7'#(5&0%"&(-&1"&7(,%#%*3&%',&'#.-.&1"0(&(&,+1&#."01)3&/'&0(/("%&1"&"(7(,%#%*8&!"& C%"&(L(5;-1-&1,5+*.,&)(&/'&/(0('&#+&"1&;1*(5&%"*(,/("%&(/%0("*&!"&/%'6'&7,'*(-1%&".)*,1&!"*,1;'*8&
'"*%#$%*'*(3&#4"0&;,(.6%%&0()#.;(,('1&1"&5(0%15&!"&'7','&*(5;-1-1%3&!-&-1'1&)1@&.#,.*%,('&-.,3&!5;,(1"+& K+ & F%#(5 & #+ & ')%)*'6% & -' & 1" & );(#*'#.- & 0( & *('*,1 & 7.',*( & ,(;1*'*8 & T" & ',*%)* & #1 & ,("15(3 & =.'#+ & ,.-1-&
#1&7'5%-%'&-1%3&!-&!"?,%=('13&04"01:%&*.*&#(&'/('&"(/.%(8&U(0%151-&(,'&)(;','*&0(&,()*1-&-15%%3&$,+"%*& !5;+,'*1-1%&,.5'"&J(,.3&*%,'"1-&#',(&'&1#%)&5%%&2%&5%%&0(&.'5("%8&R"*(,;,(*',('&)'&()*(&'05%,'@%-+&2%&
#1&'"15%*(&'-%5("*(3&(,'&%")*,1%*3&;("*,1&'&7'#(&0%"&(-&1"&5(0%15&0()+/4,2%*8 ,(0+&;(,7(#*3&7%,('3&?()*1,%-(&2%&#,1F%5('&-1%&J(,.8&G15('&1%*+&1"0(&)(&'7-+&2%&;',(&#+&/(0(&'%0.5'&;(&
I2'&)+&7'#(6%&2%&/.%3&0(6%"+*.,%%&1".,&5%#%&*(5;-(3&5.0()*(&#.;%%&'-(&*(5;-(-.,&0%"&'"*%#$%*'*(8& '#()*&!5;+,'*&0();.*%#8&R'*+&#+&!"&#1,)1-&;%()(%3&#4"0&-15('&()*(&5'%&'*("*+&-'&0()7+21,',('&'#6%1"%%3&
K+:%&%1@%6%3&54"?4%'6%&2%&'=1*'6%&;(&5(0%15%%&/.2*,%3&;("*,1&':%&7(,%&0(&!"*%"',(&2%&%5.,'-%*'*(8 1"&%"0%/%0&0(&01;+&#1-%)(&';',(&;(&)#("'&*('*,1-1%&2%&!"#(;(&)+&);1"+A&Ba".,'*&;1@-%#3&/+&,.?&)+&"1&/+&
c(6%"(6%&@%"(A&0%"&5.5("*&#(&5(0%151-&#(,(&@'"%3&'0%#+&7'#(&.&5()(,%(&0%"&0',1-&)+13&/'&7%& %"0%?"'6%3&)+&"1:<&@-()*(5'6%&;(&J(,.3&;("*,1&#+&!5;+,'*1-&'#()*'&(&7,'*(-(&".)*,13&'#*.,1-&f8&K+&"1:%&
'#';','*&0(&);%,%*(&%"7(,%.',(3&#',(&!-&/.,&"(7(,%#%8&I0()('&'F%-1-&0(&"(@1"%&/'&7%&1-*%51-&)+1&-.#'28 ;1,*'6%&;%#+&;("*,1&#+&'#()*'&(&,.-1-&)+18&p%(*1-&.5&"1&0%)*,1?(&"%5%#3&7%%"0&1"&#(*+6('"&#15%"*(3&1"&
P,(@1%(&)+&2*%6%&:&2%&"1&()*(&/.,@'&0(&(?.%)5&)'1&;+,*%"%,(3&0',&.5("%,('&"(7%%"0&;(&'#(('2%& ).6&%0('-&2%&*'*+&'&#%"#%&#.;%%E8&[+&!"#$%;1%6%&#(&%5;,()%(&;("%@%-+&',&7%&;,%"*,(&);(#*'*.,%&2%&!"&#(&
*,(';*+&(/.-1*%/+3&*'%"(-(&".')*,(&"1&;.*&7%&)*,%?'*(3&);,(&#(-(&;'*,1&#.-61,%&'-(&;+54"*1-1%8&J.%&"1& 0(;,()%(&/'&#+0('&@%(*1-&',*%)*8
'/(5&/.%(&)+&#.51"%#+5&*.*1-&2%&5'%&'-()&.,%#1%8&H1".2*%"6(-(&".')*,(&-(&,+);4"0%5&!"&-15(&')(5("('& K1;,'7'6'&;+54"*1-1%&(&)#("'&/%(6%%8&G15('&#(&!2%&01#(&/%'6'&;(&;+54"*&()*(&7.,5'*+&!"&'#(-'2%&
1".,&5%#%&)(5%"6(&',1"#'*(&!"*,:1"&".%'"&0(&/.,@(&%"1*%-(8&C%"&(-(&*,(@1%(&)#.')(&#(-(&/.%*(&0(&".%&2%& *%5;&0%"&'#*.,%&2%&);(#*'*.,%8&o%(#',(&.5&=.'#+&,.-1-&')15'*3&)'1&'*,%@1%*&0(&)1)8&S-&"1&*,(@1%(&)+&2*%(&
!"#+&2%&'#(-('&%"*(,;,(*'*(8&J15'%&'-(2%-.,&".2*,%&-(&);1"(5&*.*&I0(/+,1-3&0',&-.,&-(&#(,(5&*+#(,(&2%&%',& 0(#4*&0(&,.-1-&)+1&%"*(,;,(*'*&;(&)#("'&-15%%3&,.-&0%#*'*&0(&?,'01-&)+1&(/.-1*%/&2%&0(&0()*%"1-&)+18&
*+#(,(3 & #+#% &!"#+ & "1& (&!"?+01%*&)+ &)( &2*%(&=.) &-'&/.%3&*.*&#(('&#( & 2*%5& ".%8 &P+#(,(' &()*(& ;4,?$%'& T"1-&/'&=1#'&1"&,.-&0(&,(?(3&'-*1-&0(&)(,/%*.,&2%&1"&'-*1-&0(&#(,2(*.,8
)*10%1-1%8&H1&#4*&/(6%&*+#('&5'%&51-*3&#1&'*4*&/%&)(&/'&0'&5'%&51-*8 J.1+3&("*%*+6%&);%,%*1'-(&'-(&)7(,(-.,&#(,(2*%3&"1&"(&()*(&!"?+01%*&)+&/("%5&2%&)+&);1"(5&-'&*.'*+&
!"&'"*%#$%*'*(3&%"%6%'6%%&".2*,%&')#1-*'1&7(,5(#'6%&#1/4"*1-&".)*,13&0',&*+#('18&S%&"1&"(&*,+0'1& -15('A&BK+&2*%6%3&.'5("%&@1"%3&#+&'#()*&,(?(&()*(&7.)*1-&*4-$',&0%"*,:.&/%'6+&*(,()*,+&;,(#(0("*+3&)+&2*%6%&
"%#%.0'*+8&IF%3&-'&7(-&#'&2%&'*1"#%3&"1&)(&!"?+01%(&)+&);1%&!"&0,(';*'&2%&!"&)*4"?'&#(-(&'7-'*(&0(&-'&".%3& #+&'#()*&#%.@'"&()*(&#1*',(&)74"*&0%"&H(,E&(*#8&J1&"(&()*(&;(,5%)+&'#(')*+&0()*+%"1%,(3&;("*,1&#+&
#(%&0(&)1)&:&;("*,1&#+&;(&0(&.&;',*(3&51-6%5('&"(&/'&#."*()*'&(L%)*("6'&:&);1)(-(&2%&7%%"6'&".')*,+ -15('&#1".)#4"0&'0(/+,1-3&"1&',&5'%&;,%/%&#1&,();(#*&-'&%1@%*1-&)+1&,(?(&%',&;(&.51-&)%5;-1&-:'5&
: %',&;(&0(&'-*+&;',*(3&#(-(&#.51"%#'*(&0(&".%&/.,&;+,('&'*4*&0(&0(.)(@%*(&0(&#1".2*%"6(-(&;+54"*(2*%3 7'#(&)+&;,.*()*(F(3&)+&)(&!"*,%)*(F(&2%&5'%&;,.71"0&0(&)*',('&-1%&"(".,.#%*+&)'1&15%-+3&#4"0&0(&7';*&!"&
!"#4*&/+&/.,&).#.*%&;(&/.%3&%1@%6%%&".2*,%3&7%%"6(&;%(,01*(3&#'"0%0'6%&'%&.);%#%%-.,&0(&"(@1"%8 H(,&(-&()*(&.&5',(&-15%"+8&S-&/'&=10(#'&')(5("%&.,%#+,1%&.5&2%&=10(#'*'&.51-1%&*,1;()#&()*(&0(&#(-(&
!"&-15('&".')*,+&(L%)*+&.'5("%&;-%"%&0(&.&%1@%,(&0()+/4,2%*+3&0',&*.*&'%#%&:&!"&)7(,(-(&%"7(,%.',( 5'%&51-*(&.,%&?,(2%*+8&a51-&"1&*,(@1%(&)+&2*%(&#(&'&2*%1*&!"&H(,3&(-&"1&2*%(&#(&'&7+?+01%*&5'%:5',%-.,&
: )1"*&2%&,+F/,+*%6%%&:(-%82,&*+*',(/&;%18',(&2%&51$1'8(9&H."*,'&'#()*.,'&()*(&?,(1&)+&,(F%)*'6%&2%&/(2"%# )+%3&%',&#4"0&/%"(&=.)3&!2%&@-()*(5+&F%1'&"'2*(,%%8&K+&/("%5&".%&)+&);1"(5&1"1%&.5&"(;,(?+*%*&'0(/+,1-&
)1"*(6%&!"&;(,%#.-&0(&'&#+0('&!"&-'61-&-.,8&C(&'#(('&*,(@1%(&5',(&@+?',(&0(&)('5+3&#'&')(5("(' 0();,(&)*',('&)'3&!")('5"+&)+:%&*1-@1,+5&;(,)."'-%*'*('3&)+&7'#(5&.&7';*+&"().#.*%*+3 &;("*,1&#',(&/.5&
,+F/,+*%6%&)'1&%"#."2*%("6%&)+&"1&)(&71,%2(F(&;(&-4"?+&7%%"6'&/.')*,+3&!"&#(,#1,%-(&/.')*,(3&!"&*(5;-(-( ;-+*%8&J1&*,(@1%(&)+&"(&7'#(5&#1".)#16%&2%&5'%&'-()&"1&*,(@1%(&)+&#."/%"?(5&0(#4*&;(&#(%&'=1"2%&-'&1"&
/.')*,(8&9(,%#.-1-&()*(&2%&5'%&5',(&#4"0&5(0%151-&/.)*,1&(&%5.,'-&)'1&-%;)%*&0(&*+,%'&);%,%*1'-+8 ?,'0&0(&(/.-16%(3&#4"0&#1".'2*(,('&-15%%&".')*,(&"1&5'%&;.'*(&*1-@1,'&/%'6'&-.,&*,1;(')#+8&C%"&'#()*&
H."#(;6%%-(&/.')*,(&5.,'-(&)(&)#$%5@+&0%"&/('#&!"&/('#8&9(&*%5;1-&%"%6%'6%-.,&5',%-.,&*(5;-(&0%"& 5.5("*3&-(&0(/("%5&)7+*1%*.,%&2%&0(#%&0(&1"&5',(&7.-.)&!"&(/.-16%(8
S?%;*3&7,'*(-(&-1'&0(&).6%(&;(&).,'&)'3&#(('&#(&'F%&',&#.")*%*1%&1"&%"#()*8&9,%"&1,5',(3&"1&()*(&'@).-1*& C(&'%#%&,(F1-*+&#+&5'=.,%*'*('&.'5("%-.,&"1&*,(@1%(&)+&#1".')#+&'#()*(&*'%"(3&"1&*,(@1%(&)+&2*%(&0(&
"(#()', & #' & 5(0%151- & )+ & 7%( & 5.,'-3 & 0', & #(% & #',( & ;.;1-('F+ & *(5;-1- & *,(@1%( & )+ & 7%( & 0( & . & ;1,%*'*(& (L%)*("6'&".')*,+8&S%&"1&*,(@1%(&)+&2*%(&0(#4*&0(&H,('*.,1-&#',(&%:'&#,('*&2%&0(&!"?(,%&:&)-1=%*.,%%&K+%&0(&
0()+/4,2%*+8&J.%&#.@.,45&2%&"(&);1"(5&#1/4"*1-&"15'%&!"&*(5;-(-(&;1,(3&#1,'*(&7%F%#&2%&7-1%0%#8 -15%"+8&J15'%&#4"0&01$1-&.51-1%&'&'*%")&1"&'"15%*&%"0%#(&0(&-15%"+&2%&;1,%*'*(3&-(?('&!%&'#.,0+&
!"&/%'6'&/.')*,+&*(,()*,+&F%#(6%A&Ba51-&)7%"6(2*(&-.#1-E3&#(('&#(&"1&(&*.#5'%&(L'#*8&J.%&);1"(5A& 0,(;*1-&2%&"(&!"?+01%(&)+:%&7'#(5&#1".)#1*+&(L%)*("6'&".')*,+3&)+:%&,(/(-+5&0%"&".,5(-(&0(&#."01#(,(&
BG.#1-&)7%"6(2*(&.51-E8&!"*,:1"&*(5;-1&;1,&7-1%0%#&"1&;.*&)+:2%&0('&!"*4-"%,(&01$1,%-(&%"7(,%.',(3&2%& 2%&0%"&*'%"(-(&#(&"(&!"#."=.',+8
0'#+&;,%"&)1,;,%"0(,(&)(&71,%2('F+&/,(1"1-3&(-&,+54"(&.',(#15&;','-%F'*&2%&"1:2%&;.'*(&0()7+21,'& H'&.&;,%5+&*,(';*+3&#'&1"&;,%5&;')&7+#1*&0(&-'&"(2*%%"6+&;("*,1&'&)(&'=1"?(&-'&,(/(-'6%(3&()*(&
'#6%1"('8&I#()*&'0(/+,&):'&/(,%7%#'*&!"&-15('&/.')*,+&*(,()*,+8&K:'&!"*45;-'*&#'&.&7(5(%(&#+F1*+&!"& ;,.01#(,('&1".,&7(".5("(&;',';)%$.-.?%#(8&U'%:5',%%&".2*,%3&"(&!"?+01%(&:&@'&#$%',&"(&.,0."+&:)+&
'@%)1-&0(;,'/+,%%3&%"*,4"0&!"*,:.&5+"+)*%,(3&)+:2%&!"#$%"(&,()*1-&F%-(-.,&C.5"1-1%3&;.#+%"01:)(&;,%"& ;,.01#(5 & '"15%*( & 7(".5("( & !" & 7'6' & .51-1% & ';,.;%'* & 0( & ?,'01- & 0( & ' & #1".'2*( & #4*( & #(/' & 0%"&
,1?+#%1"(&2%&,()(5"',(3&#1&*%5;1-&0(/("%"0&.&)74"*+3&#%*'*+&0(&@%)(,%#'&#,(2*%"+88 #.")*%*16%'&);%,%*1-1%&2%&'&1"%/(,)1-1%3&7(".5("(&#',(&!-&;1"&;(&?4"01,%&2%&5'%&';.%&!-&0(*(,5%"+&)+&-(&
P(5;-1-&"1&)(&#.5;1"(&"15'%&0%"&F%01,%3&#%&5'%&'-()&0%"&)-1=%*.,%%&)+%&2%&0%"&#,(0%"#%.2%%&#(&/%"& #(,#(*(F(&2%&)+&-(&1,5+,(')#+&;()*(&*.*8&!"#(*1-&#1&!"#(*1-3&=10(#'*'&)'&!"-+*1,+&%0(%-(&;,(#."#(;1*(&'-(&
)+&!"?("1"#$(F(&!"&7'6'&P'*+-1%8&K+&"1&/+&;,(.#1;(&"15+,1-&#(-.,&#',(&/%"&!"&*(5;-1-&/.)*,13&;("*,1& 5(0%1-1%&)+1&7%F%#&2%&%"*(-(#*1'-3&2%&0(&-'&.&/,(5(&)(&"'2*(&!"&(-&%0(('&#+&;.'*(&(L%)*+&.&-15(&(*(,%#+&
#+&(&5'%&@%"(&)+&7%6%&;16%"%&0',&@1"%8&P.*1-&(&#'&2*%%"6'&".')*,+&)+&"1&;%',+8 ;,%"&);'6%13&;-1*%"0&!"&=1,1-&.5("%,%%&*,1;(2*%8&H1&*,(#(,('&*%5;1-1%3&01;+&.)#%-',(&2%&F@1#%153&/'&/("%&
I#()*('&)1"*&)7'*1,%-(&".')*,(3&2%&#+1*'6%&)+&-(&;1"(6%&!"&;,'#*%#+8 0(;-%"'&#."/%"?(,(8&S&;.)%@%-&#'&'#(')*+&#."/%"?(,(&)+&"1&)(&!"0(;-%"(')#+&!"&#$%',&/%'6'
UW\ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#'%8( ?271"%#+,%&5%"&?(,

#4"0&'&/+F1*&7(".5("1-Q&!"&'#()*&#'F3&!"&/%'6'&)'&/%%*.',(&/'&7%&1"&'0(;*&0()+/4,2%*&'-&-15%%&);'6%'-(8& : & "1 & ;,(' & !"0(;+,*'*+ & : & #4"0 & )*10%%-( & -15%% & H(,1,%-., & /., & 7% & ;,(0'*( & !" & 2#.-%-( & 2% & 1"%/(,)%*+6%-(&
C(&'#15&!"'%"*(3&"15'%&'#()*1%&.5&!%&;1*(5&/.,@%&0();,(&3*%%".'&5%0%"+/&!")#,%)+&!"&5',('&#',*(&'& ;+54"*1-1%8&I*1"#%&'-+*1,%&0(&*(.,%(&/'&(L%)*'&2%&-'@.,'*.,1-&0(&#(,#(*+,%&);%,%*1'-(3&1"0(&#(,#(*+*.,1-&
H,('*.,1-1%3&0();,(&2*%%"6'&2*%%"6(-.,&:&J'*1,'&!"#."=1,+*.',(&;(&#',(&!"&/(2"%#%'&/%%*.',(&*,(@1%(&)+&.& !2%&/'&/(0('&*(.,%'&,('-%F'*+&2%&/(,%7%#'*+&#1&.#$%%&)+%&*,1;(2*%8&I*1"#%&*(5;-(-(&5(*';)%$%#(3&*(5;-(-(&
!"/+6+5&-'&;(,7(#6%(8 ,(-%?%(%&,(-%?%%-.,3&*(5;-(-( &,(8%-%(%&1"%0(,)'8( &)'1 &#(,(3*%/ &)(&/.,&15;-(&0(&#,(0%"#%.2%3&2%&#."01%*'&
.51-1%&/'&7%&#."7.,5&-(?%-.,&(*(,"(8&['&/("%&/,(5('&#4"0&"15'%&#(%&#1&)*10%%&1"%/(,)%*',(&!"0(-1"?'*(3&
-%#("6%'6%&!"&;',';)%$.-.?%#3&/.,&;1*('&.7%#%'&2%&#."01#(&*(5;-(-(8&I*1"#%&"1&)(&/.,&5'%&;1*('&.#1;'&
#1 & '#()*( & ;,'#*%#% & 0(#4* & #(% & #',( & '1 & )*10%'* & 2% & #(,#(*'* & I0(/+,1-3 & .@6%"4"0 & . & 0%;-.5+ & -(?'-+&
H(,1-&*,(@1%(&)+&'%@+&-(?+*1,%&#1&.5("%,('&*,1;(')#+ :')(5("('&5(0%#%-.,3&%"?%"(,%-.,&2%&;,.7().,%-.,&0(&'F%8&>*%%"6(-(&'#*1'-(3Z#1&*.'*(&(,.,%-(&2%&-%;)1,%-(&
-.,3&)1"*&-1'*(&0(&@1"(&2%&*.'*+&-15('&#,(0(&!"&(-(3&#'&7%%"0&'@).-1*&,('-(8&['&/("%&/,(5('&#4"0&2*%%"6'&
a,%#4*&0(&*,%)*+&2%&?,('&()*(&/%'6'&*,1;(')#+3&('&()*(&*.*12%&"(#()',+&(/.-16%(%&);%,%*1-1%8 *(,()*,+&/'&#1;,%"0(&2%&2*%%"6'&5(*';)%$%#'3&;',';)%$.-.?%'3&2*%%"6'&%"%6%'*%#+3&2*%%"6'&01$1,%-.,8
K;%,%*1-&!"*,1;'*&"1&2*%(&0(#4*&#(('&#(:%&,(/(-('F+&)%561,%-(&*,1;(2*%8&c(?1-'&)*'@%-%*+&0(&C%/%"%*'*(& H4*+&/,(5(&.5("%,('&)(&'7-+3&#'&2%&!"&'-*(&#%#-1,%3&;(&.&*,(';*+&%"7(,%.',+&0(&#1".'2*(,(3&,(8%-%'&
()*(&#'&.51-&)+&#,('0+&#+&'#(')*'&()*(&;,%5'&2%&1-*%5'&)'&/%'6+8&P.*12%3&'#(')*+&,(?1-+&',(&2%&(L#(;6%%8& *(2,(*%#+&*,(@1%(&)+&7%(&@'F'&(L%)*("6(%&)'-(8&H1&#4*&.5("%,('&!2%&/'&,%0%#'&!"6(-(?(,('&2%&#."2*%%"6'3&%&
P.*&,(?1-%-(&#(,(2*%&.,0."+&#'&!"&'"15%*(&!5;,(=1,+,%&2%&-.#1,%3&1".,'&0%"*,(&.'5("%&)+&-%&)(&7'#+& )(&!"*+,(2*(&,'6%."'5("*1-3&%',&,(-%?%'&'#*1'-+3&,+54"4"0&!"&1,5'&2*%%"6(%&#',(&;,.@('F+&*.*1-3&"1&/'&
#1".)#1*&#+&/%'6'&(&!"&*.*1-3&#+&);%,%*1-&',(&.&.,%?%"(&0%/%"+&2%&0(#%&(L%)*("6'&-1%&(&/(2"%#+8&o%%"0&!"& 5'% &)'*%)7'#(&)17-(*1-3&7%%"0&"(/.%*+& )+&)(& ,(7.,5(F(3&#."7.,5& #(-.,&#.51"%#'*(&0(& )1)8 &H(8%-%'&
!"*1"(,%#3&.51-&(&?,(1&0(&#."/%")&#+&(L%)*+&5%-%',0(&0(&#.,;1,%&#(,(2*%&#1&7-.,+3&7'1"+&2%&.'5("%& 3*%%".%;%#+&/'&;,.@'&'7%,5'6%%-(&)'-(&;,%"&(L;(,%("6(3&2%&'*1"#%&.51-&)(&/'&!"#,(0%"6'&#+&#(-(&#.51"%#'*(&
')(5("('&;-'"(*(%&".')*,(8&S-&',(&"(/.%(&0(&;,.@(&#',(&)+:%&0(5.")*,(F(&#+&;(&-4"?+&7.,6'&2%&5'*(,%'& )1"*&'0(/+,1,%&#(,(2*%3&%',&)17-(*1-&)+1&)(&/'&#1*,(51,'&-'&%0(('&#+&/'&;-+*%&;,%"&)17(,%"6+&!"#+-#',('&
7%F%#+&5'%&(L%)*+&:&#$%',&!"&7%%"6'&)'&:&2%&'-*(&7.,6(&2%&5'*(,%%8 -(?%-.,&(*(,"(8
I2'&1".,'&0%"*,(&.'5("%&-%&)(&','*+&#15&1"&'-*1-&)(&!"'-6+&:&-(/%*('F+&:&0(&-'&)1;,'7'6'&;+54"*1-1%8& H(-(&#.51"%#'*(&'#15&"1&)(&/.,&!"7+;*1%&"%#%&54%"(3&"%#%&;.%54%"(3&#%&!"*,:1"&/%%*.,&7.',*(&
J1&'&5'%&/+F1*&"%#%.0'*+&2%&"%#%&"1&'&'1F%*&0(&1"&')(5("('&7(".5("3&#',(&!"7,4"?(&-(?('&'*,'#6%(%& !"0(;+,*'*8&C',&*.*12%3&/.%&:&.'5("%&*,1;(2*%&:&2%&".%&:&("*%*+6%&);%,%*1'-(&:&'-@%"(-(&1"%/(,)1-1%&*,(@1%(&
;+54"*1-1%8&I-*(.,%&-%&)(&.7(,+&.#'F%'&)+&/'0+&1"&.5&#',(&2*%(&#(&)(&;(*,(#(&)'1&)(&/.,@(2*(&!"&'-*& )+&)*,4"?(5&;.-("1-&2%&"(#*',1-&0(&-'&7-.,%-(&H(,1-1%&:&!"?(,%&0(&*.'*(&?,'0(-(&:&)+&-(&*,'")7.,5+5&!"&
.,'23&6',+&)'1&#."*%"("*8&H15&0(&/(0(&)'1&'10(&'#(-&.5&#(&)(&;(*,(#(&-'&0%)*'"6(&!"0(;+,*'*(&0(&(-D& 5%(,(&:&!"/+6+*1,+&:&'-%"+*.',(&2%&!")+"+*.2%*.',(&0(&)17-(*8
H1&#(&.#$%&/(0(&(-&!"*45;-+,%-(&0%"&'-*(&-.#'-%*+6%D&C(&')(5("('&)1"*&"("15+,'*(&#'F1,%&#4"0&1"&.53& J1& (L%)*+& 51"#+&,.0"%#+& 7+,+& .@.)('-+& 2%&'0/(,)%*+6%8&I1F%"0&1"& 5(0%15&!"& *,'")+& /.,@%"0&
#1&';',("6'&#+&*,1;1-&)+1&0.',5(3&/.,@(2*(&0();,(&(/("%5("*(&#(&)(&/.,&!"*45;-'&F%-(-(&)'1&-1"%-(& 0();,(&1"&)1@%(#*&.',(#',(3&.51-&"1&/'&;1*('&0%)*%"?(&)1,)'&/.,@%,%%&)'-(3&0'#+&()*(&'&-1%&)'1&'&
/%%*.',(W%-(-(&*,(#&2%&(/("%5("*(-(&;,(F%)(&)(&0()7+2.',+&#1&(L'#*%*'*(8&C(&1"0(&'&2*%1*&(-&0(&'#()*(& ".')*,+3&#+#%&7."01-&7%%"0&%0(('3&('&;.'*(&7%&(5%)+&0(&01$1-&5(0%151-1%&)'1&0(&1"&01$&-%@(,&0%"&
(/("%5("*(D&T"0(&-(:'&/+F1*D&H1& #(&-(:'&/+F1*D&I)*7(-&)(&;,.01#3&!"&'"15%*(&)%*1'6%%3& 7';*(&#(& );'6%18&C(&'%#%&?,(1*'*('&0(&'&0%)*%"?(&.,%?%"('&*(,()*,+&)'1&);'6%'-+&'&1"(%&%0(%8
1%5()#&2%&;,./.'#+&;.-(5%#%&0%"&#',(&)(&*,'?&#."#-1F%%8 !")+&7(".5("1-&()*(&@%"(&0(7%"%*&2%&;(&0(;-%"&#."/%"?+*.,&#4"0&5(0%151-3&7%%"0&.5&)%5;-13&/'&/.,@%&
I)(5("('&7(".5("(&2%&51-*(&'-*(-(&):'1&;,.01)3&)(&;,.01#&2%&)(&/.,&;,.01#(&!"&*.'*(&*%5;1,%-(8& !"*,:.:%%5@+ & )*,+%"+3 & "(#1".)#1*+ & 0( & (-3 & )'1 & 0();,( & ;,.@-(5( & '@)*,'#*(3 & 2*%%"6%7%#(3 & #1 & 0()+/4,2%,(&
H(%&#$(5'6%&-(&/+03&-(&)*10%'F+&2%&)(&!"#,(0%"6('F+&#+&!"&0.)1-&;','/'"1-1%&0(&#',"(&2%&.')(&)(&'7-+&1"& )*,+%"(&)17-(*1-1%&)+18&H(-&5'%&04,F&)#(;*%#&/'&*,(@1%&)+&)(&!"#./.'%(&!"&7'6'&7';*1-1%&2%&/'&'05%*(&#+&
'-*&.5&:&(*(,%#3&#',(&/(0(3&'10(3&)%5*(&-'&0%)*'"6(&%"%5'?%"'@%-(3&#+&'#()*&.5&)(&"15(2*(&.5&);'6%'-3& '-*#%"(/'&'&/.,@%*&0();,(&'#(-(&#1".2*%"6(& !"'-*(&)'1 &!"&-%5@'& /.,@%*+&!"&'-*(&*%5;1,%& 2%& 6%"1*1,%8&
01$3&);%,%*&)'1 &("*%*'*(&);%,%*1'-+3& -.#1-&7%,()#&'-& (L%)*("6(%&)'-(&7%%"0&);'6%%-(&)'1 &)7(,(-(&#(,(2*%8& K1"*(5&7(,%#%6%&#+&.'5("%%&0(&2*%%"6+&'%&;+54"*1-1%&'1&!"#(;1*&)+&)(&.#1;(&0(&-15('&".')*,+3&0(&
!"#(*1- & #1 & !"#(*1-3 & #(- & 0()*%"'* & )+ & #1".')#+ & '#()*( & *'%"( & '=1"?( & -' & #."/%"?(,(' & #+ & (L%)*+ & -15('& "'*1,'&2%&7(".5("(-(&(%3&#+&2*%%"6'&H(,1,%-.,&!2%&/'&7'#(&%"*,',('&!"&*(5;-1-&2*%%"6(-.,&;+54"*(2*%3&
01$1,%-.,3&#(&0%,%=('F+&-15('&5'*(,%(%&7%F%#(8 !"6(-()1-&@1#1,%(%&()*(&#+&7(".5("(-(&'7%,5'*(&!"&K7%"*(-(&S/'"?$(-%%&/.,&7%&0(5.")*,'*(&;,%"&(L;(,%("6(&
c(?1-'&()*(&#'3&-'&'"15%*(&(*';(&'-(&(/.-16%(%&-.,3&5'=.,%*'*('&.'5("%-.,&)+&"1&2*%(&0(#4*&0(& 2%&,(-%?%'&2*%%"6%7%#+&"1&)(&/'&,(7(,%&-'&B#,(0(&#(-(&)#,%)(&'#.-.E8&>*%%"6'&/'&5(,?(&54"+&!"&54"+&#1&
-15('&/+F1*+3&'1F%*+&2%&)%56%*+&;,%"&)%561,%-(&*,1;1-1%&-.,8 #,(0%"6'3&0%);+,4"0&@',%(,'&0%"*,(&@%)(,%#+&2%&-'@.,'*.,8&['&0%);',(&7,%#'&#-(,%#1-1%&:&#+&)(&"'2*(&.&
C',&'-+*1,%&0(&'#()*&.#('"&0(&"(2*%1*.,%3&H(,1-&/,('&)+&(L%)*(&;,%"*,(&(%&2%&7%)%2"',%%&)+%3&*,%7%3%%& )(#*+3 & 7%%"0 & 2%& (- &7(,%#%* & #+ & #(-( & #%*%*( & ;,%" & #+,6%-( &)7%"*( & -(:' & /+F1* & 2%& '1F%* & #1& ;,.;,%%-( & )%561,%3&
)+%3&#+,.,'&:&0(2%&!5@,+#'6%&!"&$'%"'&"(2*%%"6(%&:&)+&-%&)(&,(/(-(F(&-15('&H(,1-1%8&I#()*.,&.'5("%&-%&)(& 0(/("%"0&#1&'0(/+,'*&1"&;,.71"0&#,(0%"#%.)&2%&15%-&)-1=%*.,&'-&K*+;4"1-1%&'&*.*&#(&(L%)*+8
;1"&-'&!"0(54"+&%")*,15("*(&:&5%=-.#%*.,%&!"*,(&H(,&2%&;+54"*3&5(0%15%3&;,%"&#',(&-15('&H(,1-1%& C(.#'50'*+&"(&)%-%5&)+&7.,5+5&0.',&#46%/'&'"*(7(,-+*2,%/&#',(&)+&-15%"(F(&-15('&;,%"&)#,%)1-&)'1&
;,.01#( & '"15%*( & 7(".5("( & ;("*,1 & ':% & #."/%"?(3 & 2% & ';.% & #1 & *.*1- & #42*%?'6% & #'1F(% & #(,(2*% & -% & )(& /.,@'&-.,3&;("*,1&#'&'*1"#%&#4"0&/'&/("%&H(-&#(&*,(@1%(&)+&/%"+3&)+&?+)(')#+&)17-(*(&;,(?+*%*(8&I2'&):'&
#.51"%#+&*'%"(&:&2*%%"6'&#(,1-1%3&,+);4"0%*+&;,%"&?,'%&)'1&)#,%)&)(5("%-.,Q&',1"#4"0&')*7(-&.&)+54"6+& ;(*,(#1*&2%&!"&R10(('&!"&/('#1,%-(&!"0(;+,*'*(8&!"*4%&):'1&!"*,1;'*&;,.7(6%%&2%&!"&1-*%51-&5.5("*&R.'"&
#(&/'&,+)+,%&!"&1"(-(&-.#1,%3&;("*,1&#'&.5("%,('&)+&"1&F'#+&!"&!"*1"(,%#1-&"(2*%%"6(%8 p.*(F+*.,1-3&#',(&'&;,.;./+01%*&2%&;,(?+*%*&-15('3&;("*,1&H(-&#(&1,5'&01;+&(-8
IF%&".%3&01$1,%-(3&#+1*+5&)+&-15%"+5&;,%"&#1".2*%"6(-(&".')*,(&5'%&'-()&;(&#(%&#1-6%3&;("*,1&#'& !"&5%-%.'"(&0(&*(5;-(&)(&;,.)-+/(2*(&'F%&"15(-(&H(-1%&#.@.,4*&0%"&!"+-6%5('&K'&0%/%"+3&74#4"01:)(&
#(-( & '7-'*( & 0( & -' & ".% & 2% & 0%71F'*( & ;,%" & ;(,)."'-%*'*(' & -., & : & #( & )( & @1#1,+ & 0( & . & )*%5+ & 2% & ,(;1*'6%(& a53&;("*,1&'&,+);4"0%&.&,(8%-%(&1"%0(,)'8+/&.&,(-%?%(&'&,(-%?%%-.,3&#'&!5;-%"%,(&'&#(-.,&'"*(,%.',(8
@%"(#1".)#1*+&:&)+&'%@+&*.'*+&*+,%'&2%&-15('&)+&!2%&F%#+A&BC'#+&w'--'#(3&J(y*."3&H,..]()3&G.5@,.).3& R'*+&;("*,1&#(&'#153&;,%5%"0&#1/4"*1-&C%/%"1-1%&".)*,1&K.-',3&"(&)*,+01%5&)+&,()*'@%-%5&)*,+-1#%,('&
G.0?(3&J.*F%"?3&p',(*&2%&51-6%&'-6%&)'/'"6%&'%&;+54"*1-1%&'7%,5+&#+&(L%)*+&);%,%*3&#+&);'6%%-(&)1"*&;-%"(& ,(-%?%(%&0(&'-*+0'*+3&2%&!"&;-1)3&#."7.,5&-(?%%&;,.?,()1-1%3&)+&.&%".#1-+5&!"&'04"#1-&)17-(*(-.,&*1*1,.,&
0(&("*%*+6%&);%,%*1'-(&2%&#+&)(&;.'*(&#.51"%#'&#1&(-(3&'*1"#%&*,(@1%(&)+&7%(&'2'E8 .'5("%-.,&;,%"&7(".5("(-(&;,.01)(&0(&".%3&;,%"&0(5.")*,'6%'&7+#1*+&;,%"&5(0%15%3&;("*,1&'&0./(0%&
z%"(5&)+&/+&'*,'?(5&'*("6%'&#+&2*%%"6'&-15%%&".')*,(&"1&)(&;.'*(&,(/(-'&0(#4*&*,(;*'*3&'"&0(&'"3& (L%)*("6'&'-*.,&5'*(,%%&2%&7.,6(&0(#4*&#(-(&7%F%#(3&2%&'&(L%)*("6(%&1"(%&%(,',$%%&);%,%*1'-(&"();1)&0(&
5(*';)%$%#'&".')*,+&;,'#*%#+&'/4"0&"(/.%(&0(&51-6%&'"%&;("*,1&'&7%&#1".)#1*+3&#."*,.-'*+&2%&;1)+&!"& )*,+-1#%*.',(8
;,'#*%#+8&H%"(&/,('&)+&#1".')#+&!"&;,.71"F%5(&2*%%"6'&H(,1-1%3&*,(@1%(&5'%&!"*4%&)+&#%*(')#+&*.*&#(&):'&
)#,%)&0();,(&-15('&".')*,+3&2%&';.%&)+&#'1*(&)+&#."*,.-(F(&#(-(&#%*%*(3&;,%"&0%7(,%6%&5(0%15%8&J15'%&
'0(/+,1,%-(&#.")*'"*&#.51"%#'*(&2%&;,%"&5(0%15%&0%7(,%6%3&)+&-(&#.")%0(,(&#'&'0(/+,'*(Q&,()*1-&)+&-(&
',1"#(3 & #' & 7%%"0 & /(0(,%-(3 & ;,()1;1"(,%-(3 & %;.*(F(-( & #.51"%#'"*1-1% & #',( & .,% & "1 & ;.)(0+ & 0(-.#& a51-&(/.-1('F+&;(&5'%&51-*(&;-'"(*(&2%&)%)*(5(&).-',(
'0(/+,1,%-(3&.,%&-(&2*%(&)1;(,7%#%'-8
S&0,(;*&#+3&!"&;,('-'@%-3&#(,(5&#1-*1,+&);%,%*1'-+3&0',&5'%&51-*&#(,(5&;,'#*%#+&7+#1*+&#1&".%8& C,'?+&7,'*(3&#1".)#&/%(6%-(&*'-(&0%"&/('#1,%3&2*%1&#+&(2*%&1"&';,%?&%)#.0%*.,&'-&*'%"(-.,&#(,(2*%3&0',&
H,(0%"6'&!"&(L%)*("6'&".')*,+&)(&0.@4"0(2*(&5'%&51-*&)'1&5'%&;16%"&;,%"&-(#*1,+3&0',&5'%&;,()1)&0(& *,(@1%(&)+&!"6(-(?%&#+&0(.#'50'*+&"1&)(&;.*&0(F/+-1%&51-*(&0%"&#1".2*%"6(-(&-15%-.,&".')*,(3&;("*,1&
#(-(&#%*%*(&)1"*&#(-(&/+F1*(3&#'&7%%"0&7+#1*(&0(&-15('&".')*,+8&SL;(,%("6'3&;,'#*%#'&!")('5"+&;("*,1& #+&.5("%,('&;+54"*1-1%&"1&'&'=1")&#1&(/.-16%'&;4"+&-'&7'F'&!"&#',(&)+&;.'*+&-1'&#1".2*%"6+&0(&*.*&#(&
".%&5'%&51-*&0(#4*&*(.,%'8&C.,%5&#'&-15('&(/.-1'*+&)+&7%(&#1;,%")+&0(&0.,%"6'&"()*+;4"%*+&0(&'&"(& *1&"(&!"*,(@%8&[(0(5&,4/"'&*'&2%&H(-&5',(&'&';,.@'*&)+&%(%&#1".2*%"6+&0(&51-*(&0%"&(-(3&0',&!6%&;1"(5&.&
#1".'2*(&2%&(L;(,%5("*'8&['&/("%&/,(5('&#4"0&'#(')*+&0.,%"6+&)(&/'&(L*%"0(3&)(&/'&#."#,(*%F'&2%& #."0%6%(A&)+&-(&0%/1-?%&0.',&;(&#(-(&;(&#',(&6%&-(&/.5&0()(5"'3&2%&;(&'#(-('&-(&/(%&!5;+,*+2%&0.',&#(-.,&
0(F/.-*'&!"&'"15%*(&*(5;-(&'-(&".')*,(3&1"0(&)(&/.,&7'#(&(L;(,%("6(&#."/%"?+*.',(8&['&/("%&.&/,(5( #(&/(%&#,(0(&#+&5(,%*+&)+:2%&$,+"(')#+&)17-(*1-&#1&')(5("('&#1".2*%"6(&)7%"*(8
UX_ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&a&F&521'&#',*( ?271"%#+,%&5%"& UXU
?(,

J(&!"*,(@%&0'#+&.51-&(&.@-%?'*&)+&(/.-1(F(&;(&*.'*(&;-'"(*(-(&)%)*(51-1%&'#()*'3&)'1&(/.-16%'&-1%& 0( & ).',(3 & #+ & !" & '7',+ & 0( & ;-'"(*(-( & #1".)#1*(3 & (L%)*+ & 2% & '-*(-(3 & "(#1".)#1*( & 0( & /.%8 & U',%% & ".2*,%&
;.'*(&7%&#."*%"1'*+&;(&'-*(&;-'"(*(3&0%"&'-*(&)%)*(5(&;-'"(*',(8&!6%&,+);1"0A&)(&1,5('F+&2%&1"'&2%&'-*'& B#+,*1,',%E&"(&);1"&#+&#(%&#',(&"(&#."01#&'#15&)1"*&/("%6%&'%#%&0(&;(&.&'-*+&;-'"(*+3&;.;1-'*+&!"'%"*(&
0(;%"0(&0(&?,'01-&(/.-1*%/&'-&01$1-1%8&a,%#(&*,(#(,(&:&0(&;(&.&;-'"(*+&;(&'-*'&)'1&0(&;(&1"&)%)*(5Z&;(& 0(&7.,5',('&9+54"*1-1%&#1&.'5("%&7.',*(&'/'")'6%8&9(&;-'"(*'&#('&5'%&';,.;%'*+&0(&).',(&*,+%()#&
'-*1-&:&)(&7'#(&01;+&'"15%*(&".,5(8 .'5("%&%"7(,%.,%3&0%"&*.'*(Z&;1"#*(-(&0(&/(0(,(3&#(-.,&0(&;(&9+54"*3&%',&;(&#(-(&5'%&0(;+,*'*(&*,+%()#&
a,%#(&);%,%*&'-&;-'"(*(%&9+54"*3&0(&-'&#(-&%"7(,%.,&:&#'"%@'-1-&0%"&J.1'&N1%"((&:&;4"+&-'&#(-& .'5("%&)1;(,%.,%3&'/4"0&.&#.")*%*16%(&0%7(,%*+&0(&'&.'5("%-.,&*(,(2*,%8&I1&(L%)*'*&2%&;(&(-(&.'5("%&
)1;(,%.,3&2*%5&0(&1"0(&'&/("%*3&0(&;(&#(&;-'"(*+&'&).)%*&'%#%8&C%"&#';1-&-.#1-1%&!6%&'7%,5&#+&"1&*.6%& ')(5+"+*.,%&#1&#(%&0(&;(&'#()*&?-.@3&0',&'1&;%(,%*&0(&51-*3&2%&'#15&(L%)*+&'#.-.&7.,5(&15'"(3&;(&#',(&
-.#1%*.,%%&9+54"*1-1%&:&!"*,1;'6%&)'1&0()*,1;'6%&:&'1&/("%*&0(&;(&'#(('2%&;-'"(*+8&IF%&/.%&7'#(6%&)*10%%& #%"(&2*%(&#4"0&:&#'&1,5',(&'&(/.-16%(%&:&!%&/'&'/('&2%&9+54"*1-8
(*".?,'7%#(&2%&#.")*'*'6%&#+&;+54"*1-&()*(&;.;1-'*&0(&5'%&51-*(&,')(&0(&.'5("%&2%&#+&7%(#',(&',(&5'%& P.*1-&(&?,'0'*&!"&-15(8&9(&1"&#.,;&#(,()#&)1;(,%.,&"1&)(&;.'*(&01#(&.,%#(&);%,%*&'-&9+54"*1-1%8&S&
51-*(&7(-1,%&0(&"'6%."'-%*+6%8&C(&#(&):'1&7.,5'*&'#()*(&,')(D&!"&(-(&)(&;.'*(&!"*,1;'&.,%#(&);%,%*D&!*=& 0,(;*&#+3&;(&'#(-&?-.@&.51-&',&;1*('&(/.-1'&0(&-'&'&`'-7'b&;4"+&-'&#.&`.5(?'b3&0',&-(?%-(&(/.-16%(%& "T&.&
,+);1"0&#+&7%(#',(&,')+&';',6%"(&1".,&01$1,%3&).)%*(&;(&9+54"*&0(&;(&.&'"15%*+&;-'"(*+8 ;(,5%*8&H15&)+&01#%&1"&01$&!"#(;+*.,&!"*,(&-.#1%*.,%%&!"/+6'6%&'%&'#(-1%&?-.@D&C1$1-&*(,()*,1&"1&',&
S)*(&'0(/+,'*&#+&*.'*(&;-'"(*(-(&'1&-.#1%*.,%&:&#(,(2*%&)'1&;+54"*(2*%&:&#',(&*,+%()#&!"&#."0%6%%& ;,%#(;(&"%5%#3&"1&',&!"/+6'&"%5%#3&2%&0(#%3&"1&',&(/.-1'&0(-.#8&J%#%&'%#%3&;(&?-.@1-&".)*,13&#',(&"1&)(&
0%7(,%*(3&;("*,1&#+&)1"*&0(&0%7(,%*(&(/.-16%%8&H4"0&(13&01$3&/.%&*(,5%"'&2#.'-'&'#()*(%&;-'"(*(3&/'& ;.'*(&#.5;','&#1&'#('&;-'"(*+3&"1&)(&;.*&'01#(&.,%#(&7(-&0(&01$1,%&0(&'%1,('8&o%(#',(&;-'"(*+&(&.&
*,(@1%&)+&(5%?,(F&0(&'%#%3&;(&'-*'&)1;(,%.',+8&C',&)+&"1&#,(F%&#+&*(,5%"4"0&)*'?%1-&5(1&;(&'#()*&?-.@& 2#.'-+&2%&!"&#-')(-(&(%&!"/'6+&("*%*+6%-(&);%,%*1'-(&.,?'"%F'*(&01;+&?,'01-&-.,&(/.-1*%/8&T"&(-(/&0%"&#-')'&
'5 & '*%") & 1-*%51- & *(,5(" & '- & (/.-16%(% & '#()*(% & ;-'"(*(8 & H' & )+ & !"/(0(,(F & '#(')*+ & %0((3 & /.% & 0' & 1"& '&;'*,'&;,%5',+&"1&;.'*(&1,5'&'"1-&;'*,1&0(&-%#(18
(L(5;-18&!"&7,1"*('&*1*1,.,&01$1,%-.,&;-'"(*(%&9+54"*&)(&'7-+&Q10(,"'*2,18&*(,()*,%'"9&C',&'&'=1")&(-& H$%',&2%&;(&9+54"*&01$1-&;.'*(&7'#(&2#.'-'&0(&-'&'&`'-7'b&;4"+&-'&#.&`.5(?'b3&0',&-(?('&(/.-16%(%&
.',(&K1;(,%.,1-&'#()*1%&?-.@&(/.-14"0&;(&(-&0(&-'&!"#(;1*1-&#,(+,%%&?-.@1-1%&2%&;4"+&'#15D&J13&!6%&/'& "1&;(,5%*(&)+&-("(/(2*%&5%-%.'"(&0(&'"%&!"&2#.'-'&-1%3&#%&"(/.%'&-(?%%&*(&#."01#(&)+&0()#.;(,%&2%&)+&
,+);1"0(&.,%#(&5',(&);%,%*&0(&'%#%8&S-&'&/("%*&#1&?,'01-&-1%&7.,5'*&;(&'-*(&;-'"(*(&'-(&1"%/(,)1-1%3&!"& !"/(6%&2%&-'&2#.'-'&'-*.,&;-'"(*(&;("*,1&'&!"'%"*'&5'%&,(;(0(8&P.*1-&)(&#."01#(&01;+&'"15%*(&J.,5(&
7'#1-*+6%&);'6%'-(&)1;(,%.',(&(/.-16%(%&;(&#',(&.&;1*('&7'#(&;(&9+54"*8&K%*1'6%'&)(&,(;(*+&!"&(/.-16%'& 0%/%"(&2%&"%5("%&"1&-(&;.'*(&!"-+*1,'8
.,%#+,1%&01$&15'"3&0(.',(#(&(/.-16%'&#(,(&.&2#.'-+&/')*+8&S'&"1&)(&;.'*(&*(,5%"'&;(&'#()*&?-.@3&#$%',& K;1"('5&#+&7%(#',(&,')+&'&/("%*&0(&;(&.&'-*+&;-'"(*+3&#1&(/.-16%'&2%&5("*'-%*'*('&(%8&C%"&'#(')*+&
0(&',&)*'&01$1-&'%#%&1"&5%-%',0&0(&'"%8&SL%)*+&'*4*('&7(-1,%&0(&;-'"(*(3&#1&'*4*('&#.")*%*16%%&5'*(,%'-(3& #'1F+3&-1'*(&!"&5')+3&,')(-(&)1"*&01,'@%-(&2%&"1&)(&;.*&'5()*(#'8&C(&(L(5;-13&1"&01$&0%"&,')'&"('?,+&
%',&(1&)1"*&0'*.,&)+&-(&#1".)#&;(&*.'*(3&)+&*,+%()#&;(&*.'*(&?,'0(-(&-.,&2%&)+&#1".)#&0%7(,%*(-(&7(-1,%&0(& '&*(,5%"'*&(/.-16%'&#.5;-(*+&'&,')(%&)'-(3&2%&'#153&;("*,1&'&5(,?(&5'%&0(;',*(3&',(&0.1+&#+%A&)+&
/%(6%8 *,('#+&!"&,4"01-&,')(%&'-@(&'&9+54"*1-1%&)'1&)+&;+,+)(')#+&'#(')*+&;-'"(*+3&;("*,1&'&*,(#(&;(&.&'-*'3&
9,%"&1,5',(3&.,%#4*&*%5;&/.%&2(0('&;(&;-'"(*'&9+54"*3&"1&/.%&'=1"?(&?1/(,"'*.,&;-'"(*',8&S)*(& 1"0(&)(&'7-+&.&,')+&'-@+&')(5+"+*.',(&#1&#('&0(&;(&9+54"*8&H(%&5',%&0%"&,')'&-1%&!-&/.,&)7+*1%&#'&!"&
"(#()',&)+&7'#&2#.'-'&*1*1,.,&7(-1,%-.,&0(&?,'0(&0(&;-'"(*(&0%"&1"%/(,)3&#'&)+&;.*&7%&'/'")'*&'@%'&-'& -.#&)+&)(&0();,%"0+&0(&5',('&)'&?,1;',(&#(,(')#+3&0(&)*.-1-&)+1&2%&)+&;-(#(&'%1,('3&5'%&@%"(&)+&*,('#+&
?,'01-&0(&!"?(,8&I%#%&/.%&7'#(&1"&7(-&0(&2#.'-+8&9(&.&'-*+&;-'"(*+&/.%&!"/+6'&'-*(&-(#6%%3&2%&#%"(&2*%(&;,%"& !"&,')'&'-@+&'&'#()*(%&;-'"(*(3&,+54"4"0&!"&H(,1,%&!"&-(?+*1,+&;(,5'"("*+&#1&)*.-1-&)+18&H'&1,5',(&'&
#4*(&;-'"(*(&/'&*,(@1%&)+&#.-%"03&#'&)+&;.*&'=1"?(&2%&(13&0%"&!"?(,3&)1/(,'"1-&1"(%&;-'"(*(8 '#()*1%&)7'*3&01$1-&*,(#(&!"&,')'&'-@+&2%&!"#(*1-&#1&!"#(*1-&0(/%"(&1"&5(5@,1&'-&,')(%&'-@(8&a&0'*+&
c+);1")1-&-'&!"*,(@',('&;(&#',(&5%:'%&;1):.3&!-&#1".2*%&@%"(&#'&01$3&0',&#.@.,4*&!"&*,1;&"1&!-&5'%& (L;%,'*&*(,5("1-&'#.,0'*&;(&'#()*&?-.@3&*,(@1%(&)+&;-(#+5&;(&.&'-*+&;-'"(*+3&;("*,1&'&7'#(&-.#&'-*.,'8&
2*%%8&!6%&/%"(&!"&5%"*(&#(/'&/'?3&0%"&/%(6%&*,+%*(&;(&'%1,('3&2%&'*1"#%&:&#1,%.)&:&/,(%&1"&,+);1")&'-&".)*,18& K(&!"6(-(?(&#+&"1&/.5&7'#(&2#.'-'&5',%-.,&7.,6(&0(&;(&'#('&;-'"(*+3&)1;(,%.',+&9+54"*1-1%3 &#%&;(&'&
C(.',(#(&?,'01-&(/.-1*%/&6%:'&;(,5%)&#'&01$&)+&-(&2*%%3&'/(5&0(F-(?',('&)+:6%&0(F/+-1%5&'#()*(&*'%"(3& #(-.,&5'%&5%#%8&9-(#',('&"1&)(&7'#(&%"0%/%01'-3&#%&!"&#4,01,%&"15(,.')(3&#1&';,.@',('&H."01#+*.,%-.,&
;("*,1&'&-(&#1".'2*(&2%&#'&.5&*,1;()#8 9+54"*1-1%&2%&#1&@%"(#1/4"*',('&H(-.,&0%"&;-'"(*'&1"0(&/.5&;.;.)%8
T"'&0%"&-(?%-(&0(&)('5+&'-(&#.)5.)1-1%&()*(&8(-('&(0281.%(%/&#1".)#1*+&0.',&0(&01$1,%-(&)1;(,%.',(3& 9("*,1&".%3&("*%*+6%&);%,%*1'-(&'-@(3&#4"0&/'&).)%&/,(5('&*(,5%"+,%%&)*'?%1-1%&".)*,1&'%#%3&"1&"(&,+54"(&
%',&)*10%1-&(%&-(&;,.#1,+&.&0(.)(@%*+&)'*%)7'#6%(&2%&7(,%#%,(8&9(&01$1,%-(&5%#%&:&*%"(,(&:&"1&-(&%"*(,()('F+3& 0(#4*&)+&"(&01#(5&;(&.&'-*+&;-'"(*+&'&1"1%&'-*&)%)*(5&).-',8&K#.;1-&'#*1'-&'-&(/.-16%(%&".')*,(&()*(&)+&
;("*,1&#+&"1&.&;,%#(;8&9(&@'F'&-(?%%&(/.-16%(%3&/%"&;(&'#(')*+&;-'"(*+&01$1,%-(&0(&'%1,('3&.,%&;-('#+&0(& 0(/("%5&0%"&);%,%*(&;-'"(*',(3&!"?(,%&;-'"(*',%3&0',&#%"(&2*%(&#4"0&/.5&'*%"?(&'#()*&%0('-8&SL%)*+&
'%#%&5'%&0(;',*(3&;("*,1&)*10%%-(&-.,8 51-*(3&7.',*(&51-*(&#1".2*%"6(&;(&#',(&*,(@1%(&)+&-(&'7-+5&2%&'&#+,.,&)15+&-:',&F0,.@%&;(&1"&01$&5'%&
K(&#1".'2*(&0(&0(;',*(&1"&"(?,1&0(&1"&'-@&)'1&0(&1"&5."?.-.%08&C(&')(5("('3&0%"*,(&.'5("%%&'-@%&!%& *4"+,8&P.'*(&5',%-(&;,.@-(5(&)1"*&)#,%)(&!"&H(,&#1&-%*(,(3&)(5"(&)'1&)%5@.-1,%8&H%"(&;.'*(&#%*%&'#()*(&
0(.)(@%5&;(&)(5%6%&0(&',%("%8&C()%?1,&#+&/:'6%&!"*,(@'*&0(&#(&'#(')*+&0(.)(@%,(8&I5&)+:6%&,+);1"0A& )(5"(3&;.'*(&!"/+6'&*'%"(-(&P'*+-1%&#',(&-(:'&!")#,%)&!"&5'*(,%'&(*(,%#+&'&H(,1,%-.,8&9,%5%%&#,(2*%"%&
4("*,1&#+&"1&'1&)2)%*&5(25'*+&4(&C+7E"*&3%&4("*,1&#+&'1&0("%*&;%(#',(&5(&4(&'8*+&48'"(*+9 &C'#+& ;("*,1&'&"1&7%&0()#.;(,%6%&0(&"(#,(2*%"%&!"*,(@1%"6'1&2%&(%&)(5"(8&c.)*1-&'#()*.,&)%5@.-1,%&()*(&0(&'&
!"*,(@+5&;(&1"&)(5%*&0(&1"0(&'&/("%*3&(-&"(&);1"(A&BC%"&#1*',(&;-'"(*+3&1"0(&(,'5&7(,%#%6%8&I#15& "1&7.,6'&5',%-(&("*%*+6%&)+&!"*,(@1%"6(F(&51-*(&B#1/%"*(E&:&;("*,1&'&(L;-%#'&#(/'&:&2%&#'&)+&"1&7%(&
;-4"?(5&;("*,1&#+&'5&;-(#'*&0(&-'&@%"(&2%&'5&/("%*&'%#%&-'&,+13&2%&!"&;-1)&;-4"?(5&;("*,1&#4&1"%%&'5& !"6(-()( & 0( & *.'*( & 01$1,%-(8 & G%5@' & 1"%/(,)'-+3 & 7.-.)%*+ & 0( & 01$1,%-( & 0( & ;,(*1*%"0("%3 & ()*( & -%5@'&
7.)*&7.,6'6%&)+&;-(#+5&2%&'-6%%&0%"*,(&'%&".2*,%&'1&,+5')&'#.-.8E&U1-*(&"(&);1"&'#()*(&01$1,%&0%"& )%5@.-1,%-.,&)'1&'&)(5"(-.,8&J15'%&#+&'#()*&-%5@'=&()*(&)#,%)&')(5("('&#(-1%&#$%"(F()#3&;(&#',(&"1&
*,(#1*1-&-.,&0(&;(&'#('&;-'"(*+8 .,%#(&#$%"(F&!-&;.'*(&#%*%8&H1&#4*&(2*%&5'%&(/.-1'*3&!"/(6%&5'%&51-*(&)(5"(3&'%&1"&-%5@'=&5'%&@.?'*8&
C()#,%(,%-(&0%"&P.,'&"1&)1"*&@')5(3&#%&'0(/+,1,%&5')#'*(3&)%5@.-%#(8&C',&!"&'7',+&0(&'#(')*+& H4"0&'%&'=1")&)+&#1".2*%&*.'*(&)%5@.-1,%-(&!"*,(@1%"6'*(&;(&9+54"*3&'%&*(,5%"'*&2#.'-'&'#()*1%&?-.@3&
p%@-%(&)#,%)+3&'/(5&#1".2*%"6+&0(&B%A8%'&"()#,%)+&'&(/,(%-.,3&#',(&#1;,%"0(&51-*(&'0(/+,1,%8&I2'&0(& ;("*,1&)*'?%1-&-'&#',(&'%&7.)*&'01)Q&;.6%&;-(#'&;(&.&'-*+&;-'"(*+3&)1;(,%.',+&9+54"*1-1%8&o,'*(3&!"&#(&
(L(5;-1&I0'5&"1&(&1"&5%*3&#%&1"&'0(/+,3&(-&7%%"0&.&#+;(*("%(:01$3&#1&#',(&'1&/("%*&0(&;(&'#('& 5',(&?,(2('-+&)1"*&.'5("%%&*,1;(2*%3&'01"4"0&@1"1,%&5'*(,%'-(&;+54"*(2*%3&;%(,%*.',(M&C'#+&',&2*%&#+&
;-'"(*+&;(&9+54"*8&K(5%6%%&)1"*&);%,%*(&(/.-1'*(3&0',&.'5("%&7%%"03&'1&?,(2%*&5(,(18&I*1"#%&):'&7+#1*& "15'% & #.5.,%-( & 5.,'-( & 2% & %"*(-(#*1'-(3 & "15'% & #1".2*%"6(-( & )1"* & )%"?1,(-( & @1"1,%3 & #',( & "1 & ;%(,&
.&)(-(#6%(&2%&#(%&5'%&?,(2%6%&'1&7.)*&'012%&!"&%'01-&;-'"(*(%&9+54"*3&;("*,1&#'&-'&;','&',F+*.',(&'&1"(%& "%#%.0'*+3&":',&5'%&7'#(&?,(2('-'&)+&'-(,?(&*.'*+&/%'6'&-.,&01;+&'/(,%&2%&.".,1,%3&01;+&0(2(,*+#%1"%8&
/%(6%&$1-%*(3&/('#1,%&2%&/('#1,%3&)+&)(&#15%"6(')#+&2%&)+&)(&,%0%#(&!"&!"6(-(;#%1"(&2%&!"&,();(#*1-&-(?%-.,& S1&A1"1,%8(&7'*(,%'8(&*(&02,&(8%A(,'&5(&3#2'8'&*(,()*,+/&#%&#1"2'3*(,('&8(-%82,&3%&!748%"%,('&82,9
0%/%"(Q&)+&0(/%"+&#'&7,'6%%&-.,3&#',(&5(,%*4"0&,'%1-&'#(-(%&;-'"(*(&'1&,+5')&;(&('3&;("*,1&#'&5'%&*4,F%1& J.';*('3&#4"0&/%%&2%&*1&;,%"*,(&".%3&/(F%&.&7.,7.*+3&.&'#*%/%*'*(&"(!"#$%;1%*+8&U1"#+&2%&%',&51"#+8&C(&
)+&*,('#+&;(&'-*(&#.,;1,%&#(,(2*%3&5'%&(/.-1'*(8&K(5%6%%&#.")*%*1%(&#('&5'%&".1+&5%?,'6%(&0(&;.;.',(& #(&'#()*&/(2"%#&F@1#%15&;()*(&*.*D&T"%%&/%"3&'-6%%&;-('#+3&1"%%&)(&!"*,1;('F+3&'-6%%&)(&0()*,1;('F+8&T"%%&
'-(&9+54"*1-1%3 '=1*+&;+54"*("%-.,3&'-6%%&'10%'F+&0%7(,%*(&#1,)1,%8&P.*1-&(&7+#1*&;("*,1&'&'7-'3&!"/+6'&2%&;,.?,()'3&!"&
K;%,%*(-(&/%"&)*.-1,%3&)*.-1,%3&2%&)(&!"*,1;('F+&7.,54"0&0%7(,%*(-(&,')(&'-(&9+54"*1-1%A&,')(&0(& );'6%1-&0%"&=1,1-&;+54"*1-1%&(L%)*+&01$1,%&#',(&.@)(,/+&/%'6'&15'"+&0(&'%#%8&S-(&"1&)(&;.*&!"*,1;'&
*,1;1,%&;(&;+54"*&2%&,')(&0(&);%,%*(&!"&H(,1,%-(&".')*,(8&o%(#',(&,')+&'&/("%*&0(&;(&.&'"15%*+&;-'"(*+8& '%#%3&0%"&#'1F'&%"7(,%.,%*+6%%&-.,3&5("*'-1-&-.,&7%%"0&;,('&"(!"6(-(?+*.,&!"#+8&K*'13&;,%/()#&2%&')#1-*+&%',&
I2'0',&7%(#',(&0%"&(-(&'1&'-*(&#1".2*%"6(&2%&.&'-*+&(/.-16%(8 01;+&#(&!2%&5'%&-+,?()#&!"*,:.&.',(#',(&5+)1,+&.,%F."*1-&#1".'2*(,%%3&;-('#+&;(&.&;-'"(*+&%"7(,%.',+&
H(-&#',(&!6%&0%#*(F&'#153&)1"*&1"&;(-(,%"&'-&'#()*1%&?-.@3&).)%*&'%#%&!5;,(1"+&#1&#('*'&5('8&J1& 9+54"*1-1%3&1"0(&)(&/.,&!"*,1;'8&T"(.,%&()*(&;(,5%)+&!"*,1;',('&-.,&#$%',&;(&;+54"*3&;,%"*,(&/.%3&0',&
#1".)#&'5+"1"*(&;,%/%"0&(/("%5("*(-(&;(*,(#1*(&;(&9+54"*&!"&'-*(&/,(51,%3&;("*,1&#+&"1&'5&*,+%*&;(& !"&'#()*&#'F&#.")*%*1%(&#(%&5'%&!"';.%'6%&.'5("%&'%&;+54"*1-1%3&%',&#'&01$1,%&)1"*&).#.*%*(&5(72"%&
(-3&0',&'5&'7-'*&#4*(&#(/'&0(&-'&5',%-(&01$1,%&#."01#+*.',(&'-(&9+54"*1-1%3&).)%*(&'%#%3&0(&-'&#,(',('& (8(7("*'8%&)'1&0'74%,%9
-1%3&2%&,+54"4"0&;4"+&-'&*(,5%"',('&(/.-16%(%&)'-(8&S-(&"(:'1&);1)&#+&"1&):'1&7.,5'*&0(.0'*+ &*.'*(& !5%&;(,5%*&)+:6%&'7%,5&1"&5',(&'0(/+,3&;(&#',(&"1:<&/'&#,(0(&.,%#%"(8&H4"0&'&*,(@1%*&)+&)(&7'#+&
;-'"(*(-(&'#()*1%&)%)*(53&#%&1"(-(&)1"*&5'%&/(#$%&%',&'-*(-(&5'%&".%8&9(&5+)1,+&#(&'1&!5@+*,4"%*3&):'1& ,(/.-16%'&,1)+3&;("*,1&'&)+-@+*%#%&;.;1-'6%'&0(&'#.-.3&'1&7.)*&'01)(&/'-1,%&0(&01$1,%&%"7(,%.',(3&#',(
!"0(;+,*'*&0(&).',(8&C(&'%#%&0(01#6%'&#+&7,'*(-(&#(-&5'%&*4"+,&'-&9+54"*1-1%&()*(&#(-&5'%&';,.;%'*
UXV >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',%( ?271"%#+,%&5%"&?(, 9

'1&)*'*&*.'*+&F%1'&2%&".';*('&;(&-4"?+&.'5("%3&%"7-1("64"01:%&;1*(,"%#3&)*4,"%"0&!"&(%&;.,"%,%&)+-@'*%#(3& 7.',*(&,(01)8&I1F1-&'&(/.-1'*&-'&01$1-&/(?(*'-3&):'&5'%&'##("*1'*&-'&01$1-&'"%5'-(-.,&2%&'&#1-5%"'*&-'&
;("*,1&':%&)#.'*(&0(&)1@&%"7-1("6'&@%"(7+#+*.',(&'&01$1,%-.,&'5%#(&-.,8&I#()*(&01$1,%&;,%5%*%/(3&01;+& 01$1-&15'"8&C(&'%#%&!"#.-.&(/.-16%'&'1F1-1%&)*'?"('F+8&P.'*(&01$1,%-(&15'"(3&0(&.,%#(&?,'0&',&7%3&
#(&!2%&7'#&.;(,'3&)1"*&-1'*(&2%&01)(&!"&'-*+&;',*(3&;("*,1&':2%&7'#(&2#.'-'&(/.-1*%/+8 /.,&'1F%&0(.;.*,%/+8&9,%"&1,5',(3&'1F1-&'&'*%")&#1-5('&(/.-16%(%&)'-(8
a0'*+&/(6%&!"6(-(?(&#+&H(,1-&#."01#(&;+54"*1-3&#+&-15('&"(/+F1*+&#.5'"0+&-15%%&/+F1*(&:/.1+3& o(".5("1-&/+F1-1%&0%7(,+8&S-&'&(/.-1'*&0(&-'&01$1-&5%"(,'-&Z;4"+&-'&.53&2%&0(&'%#%&!"'%"*(&!2%&
.'5("%-.,&*,1;(2*%8 1,5('F+&')#(")%1"('&;4"+&-'&!"'-*(-(&?,'0(&0(&C1$1,%&0%/%"(8
J.%3&01$1,%-(3&/(0(5&0%7(,%*8&T"(-(&01$1,%&/+0&"15'%&#4*(/'&7-1%0(&:&'/&A/&#]&'-*(-(3&5'%&,%0%#'*(3&
/+0&7-1%0(-(&5/&(/&;]&!"&7%"(3&#(-(&)1;(,%.',(&/+0&*.'*+&?'5'&0(&7-1%0(&;4"+&-'&M9&a&0'*+&#(&-(&/(0(5Z&
"(&';1#+5&)+&-(&)*10%(53&2%&01;+&#(&#1".'2*(5&*.'*(&!")12%,%-(&2%&;,.;,%(*+6%-(&-.,3&!"#(;(5&)+&-(&
H.5@%"',('&7-1%0(-., #.5@%"+5&!"&/(0(,('&'7-+,%%&5',%%&*'%"(&2%&'"15(&#15&'&#,('*&P'*+-&-15%-(8Z
P.'*(&7(-1,%-(&0(&7-1%0(&0%"&"'*1,+&P'*+-&-(:'&;1)&2%&!"&)4"1-&5(13&!"&#.,;1-&5(1&7-1%0%#8&I#(-('2%&
7-1%0(&#'&'-(&5(-(&)1"*&2%&!"&#.,;1,%-(&/.')*,(8&J.%&/+&/(0(53&0',&"1&/+&/(0(5&*,1;1-&:&#',(&;("*,1&
!"*,(@%&1"&01$&0();,(&.&'"15%*+&;,.@-(5+&2%&(-&!6%&/'&,+);1"0(&!"&5+)1,'&#1".2*%"6(-.,&)'-(3& 5%"(&(&*,'");',("*&('&?('51-&/.)*,1&:&#%&/(0(5&#.,;1,%-(&/.')*,(&7-1%0%#(&#'&2%&#15&'6%&7%&01$1,%&
'7-'*(&!"&,';.,*&#1&(/.-16%'&)'8 -%@(,(8&K;%,%*(-(&%"7(,%.',(&"1&;,('&;.*&0(.)(@%&01$1-&!"*,1;'*&:&).)%*&".';*('&;,%"&);'6%1&:&0(&1"&01$&
!")+&(L%)*+&;,.@-(5(&#1".)#1*(&0(&.,%#(&01$8&I2'&0(&(L(5;-1&#(-&5'%&,(01)&01$&!6%&/'&);1"(&#+& 0()*,1;'*3&);'6%'-8&J.%3&#(%&5'%&'/'")'6%3&"1&"(&5'%&!"2(-+53&"1&5'%&7'#(5&"%#%&.&#."71F%(&!"*,(&1"&
'1F1-&".)*,1&()*(&%0("*%#&-'&*.'*(&01$1,%-(&9+54"*1-1%3&0',&#+&/(0(,('&(&0(.)(@%*+3&#+&()*(&#1&'*4*&5'%& 01$&0()*,1;'*&2%&1"&01$&!"*,1;'*8
;1*(,"%#+&2%&5'%&)1@*%-+3&#1&#4*&01$1-&()*(&5'%&'/'")'*8 p+*,4"%%&".2*,%&)'/'"6%3&/("%6%&0(&;,%"&0%7(,%*(&-15%&2%&#1&*.-@'&;-%"+&0(&#1".2*%"6(&'04"#%3&"(&);1"&
a&)+&/+&;',+&#%10'*3&0',&*,(@1%(&)+&/+&);1"&#+&01$1,%-(&'1&;.)%@%-%*'*('&)+&)(&7'#+&"(/+F1*(& #+&!"&=1,1-&?-.@1-1%&".)*,1&"1&)(&?+)()#&*.'*(&7-1%0(-(&0%"&#.)5.)3&#+&;,%"&'-*(&?-.@1,%3&,%)%;%*(&;,%"&
);%,%*(-.,&%"7(,%.',(&-.,8&K;%,%*(-(&%"7(,%.',(&'10&01$1-&)1;(,%.,&#',(&-%&)(&'0,()('F+3&0',&"1:<&/+08& 1"%/(,)3&)(&?+)()#&7-1%0(&"(#1".)#1*(&;(&9+54"*8&C%"&)*10%%-(&7+#1*(&')1;,'&7-1%0(-.,&'#()*(%&;-'"(*(3&
SL;-%#'6%'&'#()*1%&7(".5("&#%10'*&#.")*+&!"&7';*1-&#+&0(2%&!".*+5&!"*,:1"&.#('"&7-1%0%#3&"1&#1".'2*(5& '1&'=1")&-'&#."#-1F%'&#+&;+54"*1-&',(&!"&=1,1-&)+1&0.1+&)(,%%&0(&7-1%0(A&<8&;81%5(&4,24,%%&6&;',*%#1-',(&
*.'*(&#'*(?.,%%-(&0(&7-1%0(&#(&%"*,+&!"&#.5;.F%6%'&-1%8 ?-.@1-1%&".)*,1Q&V8&;81%5(&-("(,'8(&:&'7-'*(&2%&;,%"&'-*(&#.,;1,%&#(,(2*%&2%&,(?%1"%&'-(&1"%/(,)1-1%8
!"&-15('&".')*,+&()*(&#'&!"&-15('&/.')*,+A&2*%5&'*4*'&#4*&/(0(58&H1&#4*&1"&01$&(&5'%&(/.-1'*3&#1& 9(&-4"?+&7-1%01-&;,.;,%13&;',*%#1-',3&*.'*(&#.,;1,%-(&*(,()*,(&'1&!"&5')'&-.,&2%&1"&7-1%0&?("(,'-3&'-&
'*4*&/(0(,('&)'&()*(&5'%&;+*,1"F+*.',(3&2%&0(#%&#1&'*4*&;.'*(&/(0('&.&#'*(?.,%(&0(&7-1%0(&!"&;-1)3&0%"& 1"%/(,)1-1%8&I2'0',3&*.'*(&5%"(,'-(-(&;+54"*1-1%&'1&!"&)4"1-&-.,&#4*(&0.1+&7(-1,%&0(&7-1%0(A&1"1-&
51-6%5('&0(&7-1%0(&'7-'*(&;,%"&);'6%18&T"(-(&7-1%0(&)1"*&'*4*&0(&7%"(&!"#4*&5'=.,%*'*('&01$1,%-.,&"1&-(& ;,.;,%1&2%&'-*1-& ?("(,'-3&'7-'*&!"&*.*&1"%/(,)1-8&o-1%01-&?("(,'-&!-&"15%5 &`81%5&5%0%"/ &%',&7-1%01-&
/(0(&2%&"1&-(&)%5*(3&01;+&#15&"%#%&/.%&"1&/(0(6%&'(,1-&!"&)4"1-&#+,1%'&/+&5%2#'6%&2%&,();%,'6%8 ;,.;,%1&6&C(#(*('9)'1&m*'74%8'&#1&#',(&P'*+-&'&@%"(#1/4"*'*&#,('6%'&#4"0&'&7+#1*:.8
9,%"&1,5',(3&)+&"1&#,(0(6%&#+&0'#+&)1"*(5&);%,%*(3&#1".'2*(5&*.*&#(&(L%)*+&!"&1"%/(,)8&SL%)*+&2%& o-1%01-&;,.;,%1&()*(&7'@,%#'*&!"&#("*,1-&;-'"(*(%&".')*,(3&0(&1"0(&()*(&(5%)3&!"#(*1-&#1&!"#(*1-3&#+*,(&
;("*,1&".%&51-*(&5%)*(,(&,+5')(&"(0(F-(?'*(3&;4"+&#4"0&/.5&5'%&'/'")'8&C'#+&;("*,1&".%&5.',*('& (L*(,%.,8&P.'*(&;-'"(*(-(&!2%&'1&7-1%01-&-.,&;,.;,%13&*.'*(&!-&7'@,%#+&2%:<&(5%*&0%"&%"*(,%.,1-&-.,8&C'#+&.&
"1&5'%&()*(&1"&5%)*(,3&2*%%"6'&"'*1,%%&7.,5('F+&1"&5%)*(,&7(,5(#+*.,3&#';*%/'"*&2%&"(&'*,'?(&-'&)*10%18 ;-'"(*+&":',&5'%&7'@,%#'&7-1%0(-(&)'-(&;,.;,%%3&',&51,%8&c.-1-&'#()*1%&7-1%0&!"&(L%)*("6'&1"(%&;-'"(*(&
C1;+&#15&/.%3&.'5("%&*,1;(2*%3&@'F4"01:/+&;(&5(*.0'&'"'-.?%(%3&0(01#(6%&#.5;.F%6%'&0%7(,%*(-.,& ()*(&0(&'&.&*,'")7.,5'&!"*,:1"&5'?"(*&1,%'28&H4"0&.&;-'"(*+&"1&/'&5'%&(5%*(&'#()*&7-1%0&5'?"(*%#3&)(&
)*(-(&)'1&;-'"(*(3&;,%"&5+)1,',('&,'0%'6%%-.,&(-(#*,.5'?"(*%#(&#1&'=1*.,1-&);(#*,.)#.;1%1%3&.,%&0%"& /'&0(5'?"(*%F'3&0',&#.,;1-&(%&"1&/'&;1*,(F%&:&#15&;1*,(F(2*(&*,1;1-&/.)*,1&:&#%&)(&/'&)7+,45'&!"&;+,6%&
#.5;.F%6%'&5(*(.,%6%-.,3&*.*&'2'&#+1*+5&2%&".%&)+&*,'?(5&#."#-1F%%&0%"&'"'-%F'&7-1%0(-.,3&'*4*&'&#(-.,&!"& 0%"&#(&!"&#(&5'%&5%#%3&;4"+&)(&/'&;1-/(,%F'&2%&';.%&)(&/'&,%)%;%&!"&);'6%%-(&)%0(,'-(8&9,.#()1-&()*(&
)*',(&0(&'?,(?'6%Z(3&#4*&2%&'&#(-.,&!"&)*',(&0(&-%@(,*'*(8 ')(5+"+*.,&#1&0%F.-/',('&1"(%&@1#+6%&0(&)',(&!"&';+8
K:',&;1*('&#'&#%"(/'&0%"&-15('&/.')*,+&)+&"(&!"*,(@(A&BC'#+&"1&/(0(6%&*.'*(&7-1%0(-(3&0(&1"0(&2*%6%& B9,%" & 1,5',(3 & )',(' & )( & 0%F.-/+ & !" & ';+ & ;("*,1Z & #+ & ' & 7.)* & 0(5'?"(*%F'*+DE & : & /' & !"*,(@' & .51-&
#+&(-(&(L%)*+DE&c+);1"0&)#1,*A&01;+&);1)(-(&5'%:5',%-.,&".2*,%3&#',(&-(&/+0&2%&-(&'"'-%F('F+8&Z&!"& *,1;()#8&C'Q&.,%#(&#.,;&).-%0&)(&0%F.-/+&0'#+&()*(&;1)&!"*,:1"&-%#$%0&#(&',(&;1*(,('&0(&':%&-1'&7-1%01-&
-15('&".')*,+3&7%(#',(&7-1%0&!2%&',(&"15(-(&2%&#1-.',('&;,.;,%(8&J1&(&/.,@'&0(&#1-.,%-(&/.')*,(3&/+F1*(& 5'?"(*%#8&I;'&'&'@).,@%*&!"&5')'&(%&5'?"(*%)51-&)+,%%3&#',(&):'&7+,45%6'*&2%&5.-(#1-(-(&(%&):'1&
0(&".%&'-*7(-&0(&#15&-(&/(0(6%&/.%3&#%&0(&#1-.,%-(&".')*,(8&H15&.,%#(&01$&)(&#.5;1"(&0%"*,:.&)#4"*(%(3& ,+);4"0%*&;,%"*,(&5.-(#1-(-(&';(%8
!"#."=1,'*+&0(&.&)(,%(&0(Z7-1%0(&:&#',(&!"/+-1%(&)#4"*(%'&')(5("('&1".,&$'%"(3&7+,+&'&7%&'0+1?'*(&;1,&2%& Bp%"(&:&/'&F%#(&'#()*&.5&:&0',&;+54"*1-&',(&!"&);%"',(&5')(&(".,5(&0(&';+3&7.,54"0&.#('"(&2%&
)%5;-1&1"(-(&;()*(&'-*(-(3&#%&!"*,(;+*,1"F4"01:)(&1"(-(&;(&'-*(-(&:&01$1-&/'&7%&#.-.,'*&01;+&#1-.',('& 5+,%3& #15&0(& "1:< &0%F.-/+D &H15& 0(&"1:< &0(5'?"(*%F('F+DE & S)*( & '0(/+,'*& #+ & ';'& .#('"(-.,& 2%&
0.5%"'"*+&'&7-1%0(-.,&(L*(,"(8&9,%"&1,5',(3&2%&!"&-15('&".')*,+&'/(5&.&#1-.',(3&01;+&#15&/.%3& 5+,%-.,&!%&71,+&.&5',(&#'"*%*'*(&0(&7-1%03&0',&;,.01#4"0&5(,(1&'#()*&7-1%0&5'?"(*%#&;,.;,%13&;+54"*1-&
.5("%%&*,1;(2*%3&)1"*(6%&1"%%&'-@%3&'-6%%&"(?,%3&?'-@("%&(*#8 ,+54"(&!"&)*',('&'#*1'-+3&5("6%"1*+&;4"+&#4"0&/'&;,.01#(&'#()*&(*(,&5'?"(*%#8
J'*1,'&7-1%0(-.,3&;,.;,%(*+6%-(&2%&#.5@%"',('&-.,&7.,5('F+&.&2*%%"6+&#1".)#1*+&2%&;1)+&!"&;,'#*%#+& C'#+&;1"(5&;(&7.#&/')1-&#1&';+&2%&#1&)',('&0%F.-/'*+3&';'&(/';.,4"01:)(&,(0+&7-1%01-&'@).,@%*&
"15'%&0(&5',%-(&01$1,%8&C1;+Z&#15&!"&-15('&/.')*,+&-1'6%&0.1+&#.,;1,%3&0.1+&)1@)*'"6(&#$%5%#(3&2%&-(& )+,%%&2%&'#()*'&)(&,(7'#(&-'&-.#3&!"&)*',(&).-%0+3&,+54"4"0&;(&71"01-&/')1-1%8
#.5@%"'6%&2%&.@6%"(6%&'-*(&#.,;1,%3&#1&'"15%*(&!"7+6%2+,%&2%&;,.;,%(*+6%3&*.*&')*7(-&5',%%&".2*,%&)'/'"6%& H4"0&#'0(&;(&;+54"*&#4*(&1"&5(*(.,%*&0%"&);'6%1-&#.)5%#3&5',%%&)'/'"6%&#(,(2*%&!2%&'01"+&(-(/%%3&
#$%5%2*%&#.5@%"+&Z0.1+&)'1&5'%&51-*(&7-1%0(&!"*,(&(-(&2%&.@6%"&.&'"15%*+&)1@)*'"6+&(*(,%#+8&I2'0',& 0.,%*.,%&0(&#1".'2*(,(3&2%&-(&);1"A&B[(0(6%&'#()*&5(*(.,%*D&S%&@%"(3&!"&(-&)(&?+)(2*(&7%(,8&[.%&2*%6%&#+&
".%3&01$1,%-(3&)1"*(5&.'5("%&#1&1"&#.,;&7-1%0%#&0%7(,%*&#.-.,'*8&c(?,(*&#+&"1&(&5.5("*1-&;.*,%/%*&)+: 7%(,1-&',(&7-1%01-&;,.;,%1&F/&#.5@%"'*&#1&7-1%01-&?("(,'-&B&k9&I&F%)&:&#27A%"'*/&0',&)+&"1&#,(0(6%&#+&(&
6%&;.*&/.,@%3&5+#',&-'&1"&"%/(-&(-(5("*',3&0();,(&'#()*(&#.5@%"+,%&'-(&7-1%0(-.,8 #.5@%"'*&#'&!"&-15('&*,1;(')#+3&#%&"15'%&'-+*1,'*3&#'&2%&#1-.,%-(&);(#*,1-1%&).-',3&#(&)*'1&1"'&-4"?+&
Z&J.%3&01$1,%-(&)1;(,%.',(3&#1".'2*(5&?'5'&"()74,2%*+&'&7-1%0(-.,&2%&2*%5&#+&(-(&)1"*&7.,5'*(&0%"& '-*'8&B[(0(6%&:&#."*%"1+&5',(-(&)'/'"*&:&7%(,1-&'#()*'&"1&5'%&',(&7-1%0&;,.;,%18&K+&2*%6%&#+&'*1"#%&#4"0&
4',*%#18(&);(,%#(9&!"*,:.&;(,%.'0+&'&(/.-16%(%&".')*,(&'&*,(@1%*&)+&!"/+6+5&;,.;,%(*+6%-(&7-1%0(-.,3&7+,+& ;+54"*1-&/'&;%(,0(&7-1%01-&)+1&;,.;,%13&2*'5;%-'&)'&:&-'&7(-&#'&'#(')*+&@1#'*+&0(&7%(,&:&(-&/'&51,%&2%&)(&
0(&#',(&":'5&7%&;1*1*&'=1"?(&-'&'#()*&?,'08 /'&,1;(&!"&@1#+6%&')(5+"+*.',(&'#()*1%&5(*(.,%*&#(&'&';',6%"1*&1"(%&;-'"(*(8&P.'*(&#(-(-'-*(&7-1%0(&'-(&
o-1%0(-(&%"*,+&!"&#.5;.F%6%'&#.,;1-1%&5(13&2%&0(#%&-(&/+0&2%&-(&)%5*8&[.%&.'5("%%&/+&/(0(6%&#',"('& ;+54"*1-1%3&"(5'%7%%"0&,(6%"1*(3&#%5("*'*(&;,%"&'#()*&7-1%0&5'?"(*%#3&)(&/.,&,%)%;%&2%&(-(&!"&);'6%18&I2'&
*,1;1-1%&/.)*,18&S&0,(;*&#+&#(%&"(2*%1*.,%&.&/+0&;(&0%"'7',+&2%&"1&2*%1&#+&(&7.,5'*+&0%"&#(-1-(&0(& /.,&51,%&*.'*(&;-'"(*(-(3&#(&"1&/.,&5'%&'/('&;1*(,('&)+:2%&,(!"".%')#+&7-1%01-&5'?"(*%#8&c.-1-&7-1%01-1%&
0%7(,%*(&7.,5(3&7%(#',(&!"0(;-%"%"0&.&'"15%*+&71"#6%(8 5'?"(*%#&;,.;,%1&()*(&0(&'&,(6%"(&!"*,:1"&*.*&1"%*',&5%"(,'-(-(&?-.@1-1%&*(,()*,13&2%&!"&'#(-'2%&*%5;&0(&
SL%)*+&1"&;','-(-%)5&!"*,(&-15('&".')*,+&2%&'&/.')*,+8&9',#+&#(%&51-6%&0(&-'&".%&2*%1&#(&()*(&)1@& '&)(&.;1"(&'*,'#6%(%&).',(-1%&)'1&'-*.,&#.,;1,%&#(,(2*%8E
1-*%51-&-.,&!"/(-%2&7-1%0%#D&P.*1-&!"&-15(&)(&,(01#(&-'&2*%%"6+&2%&"(2*%%"6+8&U1-6%&"1&2*%13&;16%"%&#1".)#8 T%*(&#+&!"#(*1-&#1&!"#(*1-&/+&#."01#(5&!"&#1".2*%"6(-(&".')*,(&0(&#$%5%(&7-1%0%#+8&[.%3&.'5("%%3&
C1;+&'#(')*+&-1"?+&%"*,.01#(,(3&/,('1&)+:6%&/.,@()#&0();,(&#(('&#(&5%:'5&;,.;1)&'F%8 7'#(6%&0%7(,%*(&#.5@%"'6%%&#$%5%#(8&9,%"&#.5@%"',('&1"1%&'#%0&#1&1"&5(*'-&.@6%"(6%&1"&#.,;&".13&
[+F1- & 2% & '1F1- & /.)*,1 & ()*( & ';,.';( & '#(-'2% & ;( & *.'*+ & 01,'*' & /%(6%% & *(,()*,(8 & p%"(!"6(-()3 & #+*,(& "15%*&)',(&#$%5%#+&:&)1-7'*3&#',@."'*&(*#8&!"&#.5@%"'6%%-(&)1@)*'"6(-.,&/.')*,(&#.")*'*'6%&0.',&#(('&#(&
@+*,4"(6(3&0%"&#'1F'&)-+@%#%1"%-.,&.5("(2*%3&'#()*(&0.1+&)%561,%&!"#(;&)+&)(&,(01#+8&R"&-15('&".')*,+& )()%F'6% & #1 & .,?'"(-( & 0( & )%568 & J.% & /(0(5 & #+ & .,%#( & #.,; & ()*( & !").6%* & 0( & 1" & 7-1%0 & ;,.;,%18 & H4"0&
)(&;(*,(#(&'-*7(-3&#+#%&;(&#4"0&'1F1-&)*'?"('F+&;("*,1&*.'*(&01$1,%-(&15'"(3&/+F1-&(/.-1('F+&0%"&#(&!"& #.5@%"'6%&0.1+&)1@)*'"6(3&'6%&#.5@%"'*&2%&#(-(&0.1+&7-1%0(&;,.;,%%&2%&'6%&0'*&"'2*(,(&1"1%&;,.01)&
#(&5'%&51-*8&I2'0',&'1F1-&(&1"%#&0',&/+F1-&0%7(,+&01;+&?,'01-&0(&(/.-16%(&'-&01$1-1%8&R")+&;4"+&)+& 7-1%0%#3&#1&'"15%*(&#1-.,%&2%&;,.;,%(*+6%8&S&7%,()#&)+&"1&#1".'2*(6%&'#()*&7(".5("3&;("*,1&#+&"1&/(0(6%&
'=1"?+&-'&'#()*&)*'0%1&2%&'1F1-&'&(/.-1'*8&!"*,:'0(/+,3&01$1-&5%"(,'-&',(&2%&(-&'1F1-&)+13&(&0,(;* 7-1%0(-(8&C'#+&-(:'6%&/(0('&2%&'6%&;1*('&)+:%&-1'6%&0(&(L(5;-1&'#%01-1%&7-1%01-&)+13&'*%&#.")*'*'&#+&(-
?271"%#+,%&5%"&?(, UXY
UXX >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&a&F&521'
C',&;("*,1&#+&/("%&/.,@'&0(&1"&01$&#',(&15@-+&0%"&)%)*(5&!"&)%)*(5&2%&0%"&;-'"(*+&!"&;-'"(*+&
"1&5'%&'*'#+&"%#%&1"&5(*'-&)'1&.L%0&5(*'-%#&#1&#',(&/%"(&!"&#."*'#*8&I2'0',&!"&.,%#(&)*',(&):',&'7-'&1"& :@%"(!"6(-()3&#1&'"15%*+&!"/.%,(&:&):',&;1*('&"'2*(&!"&5%"*('&#%*%*.,1-1%&?4"01-A&Bp%"(&0(&5%"(3&#4"0&
#.,;&0%"&-15('&/.')*,+3&*.*0('1"'&(-&()*(&!").6%*&0(&7-1%01-&)+1&;,.;,%13&)'1&;',*%#1-',8 !5%&/.%&-(;+0'&'#()*&*,1;&2%&/.%&0(/("%&);%,%*&-%@(,3&/.%&;-(#'&2%&/.%&/%F%*'&*.*&9+54"*1-3&2%&;(&1,5+&/.%&
C.5"1-&K.-',&'&!"/%'*&5.,6%%&0(&)(&5%"1"'1&*.6%&(/,(%%8&S-&"1&7+#('&0(#4*&)+&,(0('&*,1;1-1%&5.,*& 7'#(&1"&/.%'=&0(&;-+#(,(&;,%"&*.'*(&;-'"(*(-(&)%)*(51-1%&".)*,13&2%&;4"+&-'&/%%*.',('&,(!"*,1;',(&/.%&0'&.&
5'?"(*%)51-&;%(,01*&2%&;,%"&;1*(,('&N-.,%(%&K'-(&)+&#$(5(&01$1-&(/'0'*3&.,0."4"01:%&)+&%"*,(&0%"& ,'%*+&2%&;,%"&'-*(&5(-('?1,%&'-(&1"%/(,)1-1%E8
".1&!"&*,1;1-&)+1&,(5'?"(*%F'*8&I2'0',3&#4"0&5.',(&1"&.53&!"*,(&'-*(-(&;%(,0(&7-1%01-&)+1&5'?"(*%#3& J13&"13&!6%&,+);1"0&(18&J1&/(%&'/('&;1*%"6'&)+&*(&;-%5@%3&;("*,1&#+&0(2%&'%&#4*(&#(/'&0%"&7-1%0(-(&
2%&);%,%*1-&"(5'%7%%"0&,(6%"1*3&)(&(-%@(,('F+&0%"&#'*("(-(&*,1;1-1%&)+18 #(-.,-'-*(&;-'"(*(&'-(&)%)*(51-1%&".)*,13&"1&/(%&2*%&)+&.&0(F@,'#%&;(&#('&0(&'%#%3&#'&)+&;.6%&;-(#'3&2%&"1&
C1;+&'#()*(&(L;-%#'6%%3&)+&'@.,0+5&;16%"&2%&#.,;1-&7-1%0%#&'-&);%,%*1-1%&15'"8&I5&);1)&#+&)#4"*(%'& /(%&'/('&0()*1-&7-1%0&'-&'-*(%&;-'"(*(3&;("*,1&'&;1*('&)+&*(&01#%&0(&(L(5;-1&!"&U',*(&)'1&[("1)8&C',&
()*( & !"#."=1,'*+ & 0( & . & #.5@%"'6%( & 0( & 0%7(,%*( & 7-1%0(8 & !"*,( & (-( & 0%)*%"?(5 & 0.1+ & #'*(?.,%%A &;81%5(8(& /(6%&);1"(&#+&'6%&'1F%*&#+&1"(-(&01$1,%&)(&01#&!"&U',*(3&[("1)&)'1&.&'-*+&;-'"(*+&'&)%)*(51-1%&".)*,1Q&
*(,()*,(&:&')(5+"+*.',(&#1&#(-(&!"*4-"%*(&!"&5%"(,'-(-(3&/(?(*'-(-(&2%&'"%5'-(-(&;+54"*1-1%3&2%&;81%5(8(& (-(&#15&):'1&;1*1*&01#(D&U'%&!"*4%&)(&#(,(&.&';,.@',(&);(#%'-+3&';.%&*,(@1%(&#'&.&5',(&7.,6+&);%,%*1'-+&
4,24,%% &01$1-1%8&J.%3&01$1,%-(&)1;(,%.',(3&2*%53&01;+&;,(F("6'&7-1%0(-.,&;,.;,%%&'-(&9+54"*1-1%3&#+& )+:% & 0(F@,'#( & $'%"' & ;-'"(*',+8 & !" & '#()* & )#.; & !- & 01#( & ;4"+ & -' & ;(,%7(,%' & '*5.)7(,(% & 7-1%0%#( & '&
'/(5&!"&7'6+&1"&!"*,1;'*3&;(&#',(&"1:<&#."71"0+5&#1&1"&0()*,1;'*8 9+54"*1-1%3&2%&'#.-.3&01;+&#(:<&/'&0(F@,+#'&0(&7-1%01-&;-'"(*(%&".')*,(3&!-&!5@,'#+&#1&7-1%01-&;-'"(*(%&
!"&'7',+&0(&7-1%0(-(&;,.;,%%&5%"(,'-(-.,3&/(?(*'-(-.,&2%&'"%5'-(-.,&'#()*1%&?-.@3&;+54"*1-&5'%&',(& 0.,%*(8&G'&;(,%7(,%'&7%(#+,(%&;-'"(*(&0%"&)%)*(51-&".)*,1&)(&?+)()#&:&*,%5%)(&0(&K.',(&:&*.'*(&7(-1,%-(&0(&
!"&=1,1-&)+1&.&'*5.)7(,+&7%1%0%#+3&7.,5'*+&0%"*,:1"&7-1%0&#',(:<&!"/+-1%(&#'&.&$'%"+8&I#()*'&()*(&;81%518& 7-1%0(&0%"&=1,1-&;-'"(*(-.,&'#()*1%&)%)*(58
48'"(*',9 &P.'*(&01$1,%-(&#',(&*,+%()#&!"&=1,1-&?-.@1-1%&*(,()*,1&*,(@1%(&)+&'%@+&!"&=1,1-&-.,&.&$'%"+& 9,%"&1,5',(3&"1&;.6%&)+&;-(#%&.,%#4"08&I)(5("('&!"/.%,%&)1"*&7.',*(&,',(&2%&0'*(&"15'%&!"&/(0(,('&1".,&
'-#+*1%*+&0%"&'#()*&7-1%03&7+,+&0(&#',(&"1&):',&;1*('&5%2#'&2%&*,+%&!"&'*5.)7(,'&7%1%0%#+&;-'"(*',+8 5%)%1"%8&R'*+&*'%"'&;("*,1&#',(&01$1,%-(&9+54"*1-1%&)1"*&,.@%%&'#()*1%&?-.@3&7+,+Z'&;1*('&0(F(,*'&0(&-'&
!"&'7',+&0(&$'%"'&;-'"(*',+3&01$1-&5'%&',(&2%&'-*(&$'%"(&7-1%0%#(A &$'%"'&)28',+/&1"%0(,)%#+ &2%& 2#.'-'&'5',+&'&'#()*(%&;-'"(*(8&H46%&":',&0'&)+&71?+&'%1,('3&)+&)#';(&0(&!"*,1;+,%-(&0(&'%#%M&H1".2*%"6(&
#2)7%#+9 &!" & 7%"(3 & )#4"*(%' & ()*( & !5@,+#'*+ & 2% & #1 & #(-( & *,(% & $'%"( & ;,%5%*( & !" & K7(,' & 0%/%"+3 & 2% & #',(& ,(7(,%*.',(&-'&"'*1,'&7-1%0(-.,3&-'&7%F%#'&2%&#$%5%'&-.,3&)(&0'1&;(,%.0%#3&-'&5%%&0(&]%-.5(*,%&0(;+,*',(&0(&
#.")*%*1%(&;("*,1&01$&3*'74%8'&)'&0%/%"+&)'1&$'%"(8(&)'-(&0%/%"(8&I#(')*+&2*'5;%-+&)'1&$'%"+&0%/%"+& )1;,'7'6'&;+54"*1-1%8&J1&;1*(5&)+&"(&01#(5&!"*.*0('1"'&)+&-(&'10%(53&;("*,1&#+&"%&):'1&0'*&'"15%*(&
,(;,(F%"*+&;("*,1&01$&#(('&#(&;("*,1&?-.@1-&;+54"*()#&()*(&'*5.)7(,'&)'&7%1%0%#+&;-'"(*',+8 5%)%1"%&0(&!"0(;-%"%*3&#',(&#."*,%@1%(&2%&-'&'/'")',('&".')*,+8&[%'6'&(&/%'6+&2%&('&*,(@1%(&*,+%*+&2%&'%#%3&#'&
I#15&:&2*%%"0&#+&.,%#(&)1@)*'"6+3&.,%#(&#.,;&()*(&!").6%*&0(&1"&7-1%0&;,.;,%1&:&'7-'6%&#+&'*1"#%&#4"0& 2%&=.)&!"&"+5.-1-&#+,"%%8&9("*,1&#+&54%"(&*,(#(&/'#'"6'&)*+,%%&0(&);%,%*&2%&*,(@1%(&)+&"(&#.@.,45&%',&-'&
)1"*(6%&@.-"'/%&2%&-1'6%&5(0%#'5("*(3&?,'6%(&#+,.,'&1"(.,%&/+&7'#(6%&@%"(3&"1&5%"(,'-1-3&"1&;,.01)1-& /%'6'&*(,()*,+3&#',(&#(,(&51-*(&2%&5',%&;,(?+*%,%3&#+#%3&7,'*(3&#15&"(&/.5&'2*(,"(&0(&)1)3&'2'&/.5&
7',5'#(1*%#&/:'&!")+"+*.2%*3&#%&7-1%01-&#',(&!-&!").6('8&o-1%01-&'&,(;','*3&'&/%/%7%#'*&2%&'&0'*&1"&%5;1-)& B0.,5%E&=.)8&a'5("%&)1"*(5&2%&".%3&2%&'#()*(&5%)%1"%&2%&;,(.#1;+,%&5'*(,%'-%)*(&"(&,+;()#&5'%&*.*&
".1&#.,;1-1%&/%*'-3&)'1&5'?"(*%#&'-&/.)*,1&2%&0%"&'#(-&5.5("*&*,1;1-&:&'7-'*&)1@&0(;("0("6'&#.,;1-1%& *%5;1-&2%&'@%'&"(&,+54"(&/,(5(&)+&"(&#.5;-(*+5&)*10%%-(3&!"#+&0(&;(&'#153&0(&'%#%&0%"&H(,3&*,(@1%(&)+:
/%*'-&:&):'&7+#1*&@%"(8 5%&7'#&*.'*(&-(?+*1,%-(&*(,()*,(3&;("*,1&':5%&#."*%"1'3&=.)3&;(&;+54"*3&)*10%%-(&!"*,(,1;*(&0(&51-*&*%5;8&
!"&-1"?'&)'&2#.'-+3&01$1-&;(,(?,%"('F+&0%"&;-'"(*+&!"&;-'"(*+8&H4"0&).)(2*(&;(&.&;-'"(*+3&(-&()*(& C',&/(%&);1"(A&Bp%"(3&7,'*(3&"1:6%&;.6%&7'#(&)*10%%-(&!"&H(,DE&p'&0'3&):',&;1*('3&0',&1"'&)(&!"/'6+&-'&".%3&
.@-%?'*&)+&!5@,'#(&7-1%01-&;-'"(*',&;,.;,%1&'#(-(%&;-'"(*(8&C',&01$1-&',(&!"&#.,;1-&)+13&!"&#'"*%*+6%& 2%&'-*'&=.)&-'&/.%8&I5@(-(&)1"*&7.-.)%*.',(&'/'")+,%%&".')*,(&);%,%*1'-(8&U1-6%&0%"*,(&".%&:&.@.)%6%&2%&
7.',*(&,(01)(3&2%&0%"&7-1%0(-(&*1*1,.,&;-'"(*(-.,&;(&1"0(&'&*,(#1*8&o%(#',(&7-1%0&;-'"(*',&!2%&/'&'/('& ;-%#*%)%6%&0(&'*4*('&)*10%%&:&);1"&')(5("('&(-(/%-.,&0%"&2#.-%-(&/.')*,(A&BC(&#(&)+&5'%&!"/+6&2%&#1*',(&
#1-.',('&0(.)(@%*+3&#1&*.'*(&7.,54"0&1"&?-.@&7-1%0%#&!"&=1,1-&$'%"(-.,&0%/%"(&'-(&)#4"*(%%8&g'%"(-(& 5'*(,%(3&-'&#(&!5%&/'&7.-.)%DME&94"+&-'&1"&%.',(#',(&;1"#*&'1&0,(;*'*(&,10%5("*',%%&".2*,%3&#+#%&;(&0,(;*&
0%/%"(&/.,&7%&;1,*'*(&.&/(2"%#%(3&7+,+&'&;1*('&7%&0(5'?"(*%F'*(&0(&"%5("%3&#+#%&H,('*.,1-&-(:'&0'*&2%& #1/4"*&2*%%"6'&H(,1,%-.,&()*(&%"7%"%*+3&!"/(6%3&!"/(6%&5%-%',0(&0(#'"%3&2%&/(F%&-'&1,5'&1,5(%&#+&*.*&"1&2*%%&
"15'%&S-&-(&;.'*(&0(F@,+#'&0%"&=1,1-&)#4"*(%%8 *.*1-&p+*,4"%%&".2*,%&#1&/4,)*(&%0(&5%-%',0(&0(&'"%&"(&);1"A&B!"/+6'6%3&#.;%%3&#+#%&P'*+-&".)*,1&',(&"(/.%(&
C1$1- & ).)(2*( & ;( & ;-'"(*' & ".')*,+ & 0%" & 0%7(,%*( & 5.*%/(A & .,% & ()*( & 1" & 5%)%."',3 & #',( & /' & ;+,+)%& 0(&)'/'"6%3&-1#,+*.,%&!"&/%'&K'&%"7%"%*+E8&I*1"#%&#1&*.6%%&"(&#.")'#,'5&51"#%%3&5'%&0(;',*(8
9+54"*1-&01;+&!5;-%"%,('&5%)%1"%%&)'-(3&.,%&'&/("%*&)+&7'#+&2#.'-'&'#()*(%&;-'"(*(&;,%"&"15(,.')(& J1&5%:'5&*(,5%"'*&(L;1"(,('3&0',&#,(0&#+&;("*,1&'F%&'&).)%*&5.5("*1-&)+&!"#$%0&,.@%"(*1-&
!"*,1;+,%3&.,%&'&/("%*&)+&')#1-*(&#1,)1,%-(&5',%-.,&".2*,%&)'/'"6%&2%&';.%&/'&;-(#'&5'%&0(;',*(8&H1&*.6%%& #1?(*+,%%&5(-(8
;.',*+ & . & #1-.',( & );(#%7%#+8 & C'#+ & "( & '0,()+5 & 1"1%' & 0%"*,( & '#(2*%' & 2%:< & !"*,(@+5 & #( & !")('5"+ & .&
'"15%*+&#1-.',(D&(-&,+);1"0(&%"/',%'@%-A
:S)*(&#1-.',('&)%)*(51-1%&0(&1"0(&'5&/("%*8
:C',&'#(')*+&#1-.',(D P.*1-&'&;,./("%*&0%"&#."#("*,',('&7-1%01-1%&;,%5.,0%'-
:I#(')*'&(&#1-.',('&7-1%01-1%&;-'"(*(%&;(&#',(&-.#1%()#&0(&51-*+&/,(5(8
:C',&'#(')*'D H1&'=1*.,1-&*,1;1-1%&/.)*,1&)%56%6%3&'1F%6%&2%&/(0(6%&-15('&7%F%#+8&I2'0',&#1&7%F%#1-&)()%F'6%&0.',&
:I#(')*'&(&#1-.',('&7-1%01-1%&;-'"(*(%&1"0(&'5&-.#1%*&!"&'-*(&/,(51,%8
7%F%#1-8&H1&'=1*.,1-&#.,;1-1%&/%*'-&:&7.,5'*&0%"*,:.&5'*(,%(&)(5%(*(,%#+&:&/(0(6%&*.*&#(&(&7.,5'*&0%"&
:C',&'#(')*+&#1-.',(3&')(5+"+*.',(&#1&#('&'&#.,;1-1%&5(1&;-'"(*',D '#(')*+&5'*(,%(&)(5%(*(,%#+8&C',&);%,%*1-&*,+%*.,&;(&'#()*&?-.@&5'%&',(&!"&=1,1-&)+1&2%&.&!"/(-%*.',(&
:I#()*'&(&7-1%01-&;-'"(*(%&9+54"*3&#1&#',(&5:'5&!5@,+#'*&#4"0&'5&).)%*&'%#%3&0(F@,+#4"01:<& 7%1%0%#+&;-'"(*',+3&1"&/($%#.-&;-'"(*',8&S*(,%#1-&"1&/(0(&7-1%01-&;-'"(*',3&0',&01$1-&;,%"&%"*(,5(0%1-&
#4"0&/.%&;-(#'8 #.,;1-1%&;-'"(*',&/(0(&#.,;1,%-(&2%&7%%"6(-(&(*(,%#(&)'1&7%F%#(8
:C(&#(&*,(@1%(&)+:<&-(;(F%D T"&01$&/("%*&0%"&K.',(&:&;,%"&1,5',(&"1&',(&#.,;&;-'"(*',&:&/(0(&*.'*(&01$1,%-(&*(,()*,(3&0',&;(&(-&
:P,(@1%(&)+:<&-(;+0&;("*,1&#+&'-*5%"*(,%&?-.@1-&'#()*'&"1:5%&/'&;(,5%*(&)+:<&;+,+)()#8&I#()*& "1:<&/(0(&"%5("%8&C(&#(&"1&()*(&/+F1*D&C(.',(#(&#.,;1-&)+1&).-',&()*(&7.,5'*&0%"*,:1"&7-1%0&#1&51-*&
7-1%0&()*(&-(?+*1,'&0%"*,(&5%"(&2%&;-'"(*'&9+54"*8&N,'6%(&'#()*(%&$'%"(&5+&;.*&5%2#'&!"&)1)3&!"& 5'%&7%"&0(#4*&7-1%01-&;-'"(*',8&C(&'%#%&#."#-1F%'A&1"&#2,4&-,2)28'"&"1&0(5(&1"&#2,4&7'%&)1A*%8&)'1 &
=.)3&-'&0,(';*'&2%&-'&)*4"?'3&!"'%"*(&2%&!"';.%3&;,(*1*%"0("%8 7'%&;%"]&51$18&%";(,%2,&"1&0(5(&51$1,%8(&)14(,%2',(9
:C',&0(&#(&"1&'%&-(;+0'*&#.5;-(*&$'%"(-(&7-1%0%#(&'-(&;-'"(*(%&0(&1"0(&'%&).)%*D J.%3&("*%*+6%-(&);%,%*1'-(&)1;(,%.',(&'-(&H(,1-1%3&"1&'/(5&;,(.#1;+,%-(&5'*(,%'-%)*(&'-(&("*%*+6%-.,&
:9("*,1&#+&"1&5:'2&5'%&;1*('&!"*.',#(&#1&121,%"6+&;(&;-'"(*'&5('8 %"7(,%.',(3&5'*(,%'-%2*%%&H(,1-1%3&#',(&)(&!"*,('@+A&BT"0(:5%&/.%&)*'@%-%&/%%*.,1-&#1-#12D&H4*&5'%&()*(&
:H(&):',&7%&!"*45;-'*&0'#+&0%"&?,(2('-+&;%(,0('%&)'1&-(;+0'%&7-1%0(-(&;,.;,%%&;-'"(*(%&*'-(D&J1&*(: ;4"+&5+&/.%&!"*,1;'D&H15&)+:5%&#,.%()#&0()*%"1-DE&J.%&"(&?4"0%5&#15&)+&7'#(5&)+&*(,5%"+5&#4*&
'%&5'%&7%&;1*1*&!"*.',#(&;(&('D 5'% & #1,4"0& 2#.'-' & '#()*(%& ;-'"(*(3 & ;("*,1& ' &"(& 01#(& ;,%" &;-'"(*(-( & !"0(;+,*'*( &'-(& '-*.,& )%)*(5(&
:p'&0'3&0',&"1&0%,(#*3&#%&%"0%,(#*8&U:'2&7%&01)&5'%&!"*4%&!"&).',(-(&0(&#',(&';',6%"(&;-'"(*'&5('3&2%& ).-',(3&'0(/+,'*(&;','0%)1,%&7'6+&0(&'#(')*+&;-'"(*+&'&)17(,%"6(%&"(#1,5'*(8
'#.-.&'7-4"01:)(&*.'*(&7-1%0(-(&;-'"(*(-.,&)'-(3&'2&7%&-1'*&#'"*%*'*('&0(&7-1%0&"(#()',3&"7&'2&7%& o-1%01-&2%&;,.;,%(*+6%-(&)'-(&()*(&1"&5',(&#';%*.-&'-&!"/+6+*1,%-.,&".')*,(&'%#%&;(&9+54"*8&C',&"1&
!5@,+#'*&#1&(-&2%&';.%&5:'2&7%&01)&#1121,%"6+&!"&;-'"(*'&5('8&H4"0&/'&7%&)+&;-(#&0(&'%#%3&/.%& ;1*(5&%(2%&0%"*,:.&?,'/+&0%-(5+A&"1&;.6%&;-(#'&0(&'%#%3&;4"+&"1&'%&!"/+6'*&*.'*(&-(#6%%-(&'#()*1%&?-.@Q&2%&
0(F@,+#'&!"/(-%21-&7-1%0%#&'-&;-'"(*(%&9+54"*8&!"&'#()*&)#.;3&5+&/.%&!"+-6'&;4"+&-'&F."'&;(,%7(,%#+& "1&;.6%&!"/+6'&*.'*(&7-1%0(-(&0%"&=1,1-&;+54"*1-1%3&;("*,1&#+&1"(-(&)1"*&5'%&7%"(&#$%',&0(#4*&#(-(&#',(&
'&9+54"*1-1%&2%&"15'%&'#.-.&5%:.&/.%&0(F@,+#'8&K+&"1&#,(0(6%&#+&.&0(F@,'#&#'&;(&.&$'%"+&0(& %"*,+&!"&#.")*%*16%'&#.,;1-1%&5(1&);%,%*1'-8&S%3&'*1"#%&#(&*(&7'#%D&94"+&"1&!"/(6%3&"1&;-(#%8&K+
)*.7+3&#%&*,(@1%(&)+&7'#&.&)(,%(&0(&.;(,'6%%&#1&'=1*.,1-&#+,.,'&0();,%"0&7%,&#1&7%,&7-1%0(-(&'#()*(%&
;-'"(*( & 0%"*,( & ;',*%#1-(-( & #(-.,-'-*( & !"/(-%21,% & '-( & 5(-(8 & K( & ;,.01#( & 1" & 7(".5(" & '"'-.? & #1&
-%5;(F%,('&1"(%&';(&*1-@1,%3&#4"03&;,%"&0(#'"*',(3&)(&0(;1"&;',*%#1-(-(&"+5.-.')(3&';'&,+54"4"0&
-%5;(0(8
UXZ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"&?(, UX[

!"/(6%3&0',&#1&#(D&J1&"(&,+54"(&0(#4*&)+&'10%(5&#1,)1,%-(&5'%:5',%-.,&".2*,%3&2%&)+&7%%&"15'%&1,(#$%& !"&/%%*.',(-(&*(5;-(&'-(&;+54"*1-1%3&!"&d(74818&#271"%1"%%&27181%&#1&>%0%"%*'*('&)(&/.,&;1"(&
#+#%&2%&-'&".%&)(&;.*,%/(2*(&/.,@'&/.')*,+A&B9.;'&"1&*.'#+&0(&0.1+&.,%&;("*,1&.&@'@+&)1,0+E8 @'F(-(&#.,();1"F+*.',(&'-(&(L%)*("6(%&);%,%*1-1%3&2%&'*1"#%&"%5("%&"1&/'&5'%&!"0,+F"%&)+&"(?(&(L%)*("6'&
T"&01$&5'%&5%#&/("%&-'&5%"(&2%&5+&!"*,(@+A&BH(:.&7%&#1&7,'*(-(:01$&#1*',(3&#+&"1:<&5'%&/+0DE& ".')*,+3&-+51,%"01:)(&5'%&@%"(&,.)*1-&/%(6%%&2%&'&,();.")'@%-%*+6%%&#."01%*(%3&01)+&!"&/(2"%#%(3&'%#%&)'1&
C'3&(&0,(;*3&)+,5'"1-&5(1&7,'*(&5'%&5%#&"1:<&5'%&/(0(3&0(.',(#(&#1".)#1*1-&)+13&;,%"&/,(0"%#%'&)'& .,%1"0(&;,%"&1"%/(,)8
);%,%*1'-+3&'&7.)*&'/'")'*&2%&#'&1,5',(&2%:'&)#$%5@'*&!"/(-%21-&7-1%0%#&#1&1"&'-*1-&5'%&7%"3&0%"&#',(&
#'1F+&7,'*(-(&)+1&"1&<:'& 5'%&;1*1*&/(0('8&H1&'#(')*+&.#'F%(&)(&;.'*(&!"*45;-'&#'&1"&01$&)+:2=&
0(F@,'#( & #.5;-(* & $'%"' & /(#$(3 & .@6%"4"0 & . & '-*' & 5'% & 7%"+8 & C1$1,%-( & 5%#%3 & "(2*%1*.',(3 & /+F4"0&
!5@,+#+5%"*(' & /(#$( & ;-1*%"0 & #4*+/' & /,(5( & 7+,+ & 0%,(#6%( & ;,%" & );'6%13 & 0(01# & !" & )%5;-%*'*(' & -.,& U'*(,%'-%F',('&0%"&P%@(*
:')(5("('&.51-1%&*,1;()#&:&#+&1"&7,'*(&'-&-.,&);'6%'-&'&51,%*3&;("*,1&#+&2%&(-(&#4"0&2%:'1&;+,+)%*&
*,1;1-3&'1&51,%*&;(&;+54"*8&C1$1,%-(&"(2*%1*.',(&/.,&*,+%&#1&'#(')*+&;+,(,(&;4"+&!"*,:.&F%&#4"0&-%&)(&
/'&(L;-%#'&7';*1-&#+&"1&(L%)*+&;,.;,%1:F%)&5.',*(3&#%&0(F@,+#+,%&0(&$'%"(3&;.*,%/%*&5(0%1-1%&0()*%"'*& U+&!"*,(@%&0,'?1-&5(1&7,'*(&0'#+&()*(&'0(/+,'*+&'7%,5'6%'&1".,&*(.).7%3&2%&'"15(&#+&',&*,+%&;,%"&
01$1-1%&)+:2%&01#+&/%%*.',('&(L%)*("6+8 ,(?%1"%-(&51"6%-.,&g%5'-'%'3&!"&P%@(*3&.'5("%&'-&#+,.,&*,1;&"1&()*(&#."#(;1*&01;+&-(?%-(&#1".)#1*(&
H$%',&2%&)#4"*(%'&5('&(&1"&7-1%03&;,%"&1,5',(&2%&('&()*(&.&5'*(,%(3&.&5'*(,%(&/%(3&#',(&?4"0(2*(3& '-(&7.,5+,%%&*,1;1-1%8
/.%(2*(&2%&)%5*(8&I2'0',3&.,%#(&7-1%0&()*(&.&5'*(,%(8&T"%%&.'5("%3&#',(&'1&'1F%*&#4*(&#(/'&0();,(&".%3& I1&'1F%*&#(/'&0();,(&'"15%*(&5'*(,%'-%F+,%&;(*,(#1*(&'#.-.3&0',&;1,1-&'0(/+,&"1:<&2*%1&"%#%&(%8
#,(F4"0 & !" & (L%)*("6' & ".')*,+3 & ' & ("*%*+6%-., & );%,%*1'-(3 & "( & #.")%0(,+ & 7+#16% & 0%" & #(/' & %5'*(,%'-8 & H(& R"/%F%@%-&)1"*3&2*%1*.,&)1"*&2%&*.*12%&"1&'5&-%@(,*'*('&0(&'&/.,@%&0();,(&*.*&#(&2*%18&[(2"%#&)1"*(5&
(,.',(M &d2*18 & !" & 817( & ( & ;+#1* & 5%" & 7'*(,%(9 & !")13% & ?,('*2,18/ & `%%".' & C,%7+/ & ( & #2")*%*1%* & 5%"*,62 & #("F1,'6%&2%&)1;,'/(?$('6%3&0',&*.*12%&!6%3&/.%&);1"(&#4*(&#(/'8
7'*(,%(/&%5("*%#+&#1&'&7('/&!")+/&A%"(!".(8()&#1&!")13%,%&51)(&4E"+&8'&%";%"%*9 >*%%"6'&/.')*,+&.7%#%'-+&'#*1'-+&'&;+*,1")&!"&51-*(&*'%"(&'-(&'"*%#$%*+6%%3&%',&;(&/%%*.,&/'&;+*,1"0(&
I5&'7-'*&#+&1"%%&!"/+6'6%&'%&;+54"*1-1%&'7%,5+&#+&5'*(,%'&7%F%#+&()*(&("(,?%(&#."#("*,'*+8&C',& 2%&5'%&'04"#8&o%%"6(-(&0();,(&#',(&5+&!"*,(@%&(L%)*+&!"&,('-%*'*(3&0',&(-(&(L%)*+&"15'%&;("*,1&'"15%6%&
#15&)+&(L%)*(&("(,?%(&7+,+&1"&;%(0()*'-&5'*(,%'-D&R"(,-%'&()*(&7%3#',('&%";%"%*&5(&,'4%5+&'&7'*(,%(%/ & .'5("%3&#',(&'7%,5+&#+&-(:'1&/+F1*&2%&'1&/.,@%*&#1&(-(8
'&1"2,&4',*%#18(&7'*(,%'8(&%";%"%*&5(&7%#%/&'&;81%5181%9 S1&#1".)#&.&)%"?1,+&o%%"6+&#',(&'&,('-%F'*&'#()*&7(".5("3&!"&S1,.;'&2%&I)%'&,+)+,%*('"+3&2%&'#('&
C%"&)*10%1-&7+#1*&')1;,'&7-1%01-1%3&'&,(F1-*'*&#+&'#()*'&"1&',(&;.)%@%-%*'*('&)+&?4"0(')#+&2%&)+& o%%"6+ & ' & 7.)* & !"*,1;'*+ & 2% & #1".)#1*+ & 0( & '*1"#% & 2% & ;4"+ & '#153 & )1@ & "15(-( & 0( & R)1) & H$,%)*.)8 & T"&
=10(#(&#'&01$1-3&0',&*.*12%&()*(&/%13&)%56%*.,&2%&#1&.&5%#+&0.F+&0(&/.%"6+8&C',&#','#*(,%)*%#'&()("6%'-+& ')(5("('&7(".5("&):'&!"*45;-'*&01;+&,+)*%?"%,('&-1%&R)1)3&01;+&5.',*('&*,1;1-1%&K+13&#4"0&7(5(%-(&
'&7-1%01-1%&()*(&0(&':2%&';,.;%'&)'1&').#%'&;',*%#1-(-(8 ;-4"?4"0&;(&H(-&,+)*%?"%*&2%&/+F4"0&0(.0'*+&-4"?+&(-(&;(&R)1)3&'1&#,(F1*&#+&()*(&'@).-1*&%0("*%#&#1&
o,'6%%&".2*,%&5'%&5',%&"(&);1"A&Bo,'6%-.,3&/(0(6%&-'&)1;,'7'6'&;+54"*1-1%&'#()*&7-1%0&,.213&#(&%"*,+& H(-&;1)&;(&#,1#(8&J1&(,'&'#(-'2%3&#+#%&*%5;&0(&dq&0(&F%-(&S-&'&*,+%*&')(5("('&'#(-.,&;(,)."'=(&0(&#',(&
2%&!"&#.")*%*16%'&7,'6%-.,&".2*,%&5'%&5%#%D&R'*+&-1#,(F&#1&;1*(,%-(&5("*'-(&2%&'-(&/.%"6(%&5(-(&')1;,'& )(&/.,@(2*(&#+&',&*,+%&!"&P%@(*8&I&7.)*&.&'1*.5'*(,%'-%F',(&!"*.#5'%&'&7.)*1-1%&)+1&*,1;8
'#()*1%&7-1%0&2%&!%&,+,()#&;',*%#1-(-(&#.5;."("*(8&[(0(6%&'#15&#+&"1&5'%&',(&#1-.',('&,.2%(&';,%")+3&#%& K:'&01)&R)1)&)+&)(&','*(&',$%(,(%-.,3&.,%&-1%&9%-'*3&#(%&#',(&G:'1&,+)*%?"%*D&J13&"1&):'&01)3&#+#%&%:',&
,.2%(&0()#$%)+3&#'&1"&*,'"0'7%,&)+-@'*%#D&C',&%'*+&#+&!%&,+,()#&2%&5'%&51-*&;',*%#1-(-(8&[(0(6%&#+&'#15& 7%&"(7(,%#%*&;,%"&;,(F("6'&K'8&R)1)&):'&',+*'*&"15'%&#(-.,&#+,.,'&'&#.")%0(,'*&S-&#+&(&"(#()',3&)+:G&/'0+&
'@%'&5'%&;1*(6%&.@)(,/'&#1-.',('&,.F+D&9,%"&1,5',(3&7-1%0(-(&'1&;,.;,%(*'*('&0(&'&)(&#."0(")'&2%& !"&".1'&K'&%;.)*'F+8&H4"0&G:'1&/+F1*&1#("%#%%&K+%&'1&#,(F1*&;("*,1&1"&5.5("*&#+:G&/+0&;(&H(-&0(&
0%-'*'3&#4"0&'"15%*(&7.,6(&-1#,('F+&')1;,'&-.,8&91*(,('&5('&"1&"15'%&#+&-(&0%-'*+&)'1&#."*,'#*+3&0',& ;(&#,1#(8&C',&#,(0(6%&#+&R)1)&%:'&-+)'*&!"&!"*1"(,%#D&H,(0(6%&#+&"1&-(:'&);1)&;,%"&#(&7(-&0(&#.,;&-%&)(&
;.'*(&#$%',&)+&-(&#.5@%"(&!"*,(&(-(3&.@6%"4"0&0%7(,%*(&7(-1,%&0(&5'*(,%%&7-1%0%#(8E ','*+D&[+&5+,*1,%)()#&'0(/+,1-A&R)1)&-(:'&);1)&*.*1-8
I5&'1F%*&;(&1"%%&;+54"*("%&#+&)(&!"0.%()#&0(&;1*(,('&".')*,+3&0'*&7%%"0&7';*1-&#+&)1"*(5&7-1%0%#%& U',%%&".2*,%&#."01#+*.,%&'1&;,%5%*&'1*.,%F'6%'&0(&'&"(&-15%"'&!"&;,%/%"6'&*'%"(%&#.@.,4,%%&C.5"1-1%
2%&-1#,+5&#1&7-1%0(8&T"&"().#.*%*&7101-&#$%',&'&@,'/'*3&);1"4"0&#+&',&/,('&)+&/'0+&#(&;1*(5&)+:%& ".)*,1&;(&9+54"*3&2%&;,%"&(%&'5&0.@4"0%*&-%@(,*'*('&0(&'&-+51,%&-15('&(1,.;('"+3&#',(&!"#(;(&)+&7%(
7'#(5&".%3&("*%*+6%&7-1%0%#(3&-1%3&;1*(,"%#1-&.5&*,1;()#M&K+,5'"1-&%?".,'"*&:&'2'Z2*%(3&'2'&/.,@(2*(Q&(-& #.';*+&;("*,1&')(5("('&#1".2*%"6(&!"'-*(8 8
"1&#1".'2*(&#+&*.*1-3&#$%',&(-3&'&7.)*&7+#1*&0%"&7-1%0&2%&0(&#+*,(&o.,6(&7-1%0%#(8&S-&"1&2*%(&#+&;,%"& C,'?+&7,'*(3&#1".)#&.&("*%*'*(&);%,%*1'-+3&#',(&:&-'&'"15%*(&%"*(,/'-(&0(&*%5;&:&';',(&2%&'F%3&!"&
%"*(,5(0%1-&7-1%0(-.,&!-&;1*(5&!")+"+*.2%&)'1&!5@.-"+/%3&#+&0%"&7-1%0(&;1*(5&7'#(&.,%#(&!"&-15(&2%& 1"(-(&0%"&)(#*(-(&@10$%)*(&0%"&P%@(*3&!"*,:1"&#.,;&#(&;',(&#',"'-8&J1&2*%1&#15&)(&7'#(3&0',&5',%%&".2*,%&
#$%',&)+:<&0()7%%"6+53&0(7-1%0%F4"01:%&*,1;1-8 %"%6%'6%&)(&#.5;-'#&)+&)(&!"*,1;(F(&'#.-.8
I5&#%*%*&!"&?4"01-&51-*.,&.'5("%&!"*,(@',('A&BH(&;.'*(&)+&%')+&0%"&54%"%-(&5'?"(*%F'*.,1-1%3& Z&C',&/(6%&!"*,(@'A&BC(&#(&)(&!"*,1;('F+&*.#5'%&!"&P%@(*DE&9("*,1&#'&!"e'#(-&#.-6%2.,&'-&;+54"*1-1%3&
#4"0&;-%5@4"01:-(&!"&-1"?1-&*,1;1-1%&1"1%&.5&)-+@%*&0(&.&@.'-+&.',(#',(&!-&/%"0(#+3&.,%&!-&'0.',5(&!"& 7(,%*&0(&F@1#%151-&.5("%,%%3&)+&')%)*(&-'&'"15%*(&(L;(,%("6(&2%&(L;-%#'6%%8&!"&P%@(*&(L%)*+&1"&8'A2,'*2, &
/(0(,('&1"1%&'"15%*&)#.;DE&K(&5%,+&2%&)(&!"0.%()#3&;("*,1&#+&"1&/+0&"%5%#3&"1&2*%1&#+&0%"&54%"%-(&-1%& 4)%$%#/&1"0(&)(&7'#&(L;(,%("6(&0(.)(@%*(8&K+&"1&#,(0(6%&#+&'#(2*%&(L;(,%5("*'*.,%&0(&;,%"&;1)*%(*+6%-(&
%()(& 1" & 7-1%0& #1&'"15%*(&;1*(,%8& H46%&"1& ):'1&5%,'*& 2%&":'1& ,4) &#+&);%,%*%2*%%3&!"&2(0%"6(-(& -.,&0(& P%@(*1-1%3&;',*%#%;'"6%%&-'&'#()*(&(L;(,%5("*(3&)1"*&%?".,'"6%&'%&;+54"*1-1%8&S%&)1"*&;,(.6%&#%10'6%3&
7(".5("(3&)(&6%"&0(&54"+8&I1&,4)&;("*,1&#+&)1"*&%?".,'"6%M&J1&2*%1&#(&,(F1-*'*(&1,%'2(&)(&;.*&.@6%"(& '0(/+,'6%&)'/'"6%&:&!"&2*%%"6(-(&#(,(2*%3&%',&"1&!"&2*%%"6'&(1,.;('"+8&I#(2*%&!"/+6'6%&"1&/.,&)+&,+);4"0(')#+&
;,%"&1*%-%F',('&7-1%0(-.,M&o-1%01-&!"*,(6%"(&/%'6'&*,1;1,%-.,&*1*1,.,&7%%"6(-.,&0(&;(&;+54"*8 !"/+6+*1,%-(&-.,&.,%#1%3&6%"4"01:)(&0(&,(?1-%-(&'"*%#%-.,&%"%6%'6%8&S%&)1"*&!"*,:.&;(,5'"("*+&-(?+*1,+&#1&
H'1F'&;,%5+&:&P'*+-3&'&7+#1*&*.*1-&;,%"&#."0(")+,%&2%&51-*%;-%#+,%&'-(&5'*(,%(%&K'-(&#.")*%*1*%/(3& -15('&".')*,+&#(,(')#+&2%&#1&.&5',(&("*%*'*(&);%,%*1'-+3&#',(&!"&)#.;1-&,('-%F+,%%&1".,&(L;(,%("6(&)(&
04"0&"'2*(,(&-'&1,5'&1,5(%&*1*1,.,&#.,;1,%-.,&#(,(2*%&2%&7%%"6(-.,&0(&;(&(-(8&J.%3&01$1,%-(3&)1"*(5&1"& 5'*(,%'-%F('F+&!"&#$%;&0(&.5&#.5;-(*&:&@('3&5+"4"#+3&)(&5%2#+&2%&/.,@(2*(8&!"&5.5("*1-&5'*(,%'-%F+,%%&
*,(%:1"'3&.&*,%"%*'*(Q&'2'0',&)#4"*(%'&5('&0%/%"+&()*(&.&*,(%5(8&I)*7(-&#.")*%*1%*3&0'#+&'0'1?&.&#'"*%*'*(& )'-(&()*(&!"#."=1,'*&0(&5%-%.'"(&0(&01$1,%&:&*.'*(&5',%&)'/'"6%&'%&H(,1,%-.,8
5%#+&0%"&7-1%01-3&'7-'*&!"&*.'*(&')*,(-(3&;.*&#+-+*.,%&;,%"&!"*,(?1-&1"%/(,)8 C%"&'#()*(&(L;(,%("6(&7+#1*(&!"&P%@(*3&!"&-.#1,%&7(,%*(3&')#1")(&!"&51"6%3&'&*,'");%,'*&#(/'&!"&
B9,%/%6%3&7,'6%-.,3&!"&'#('&;',*(&'&H(,1-1%M&H(&/(0(6%DE&J(:'&!"*,(@'*&.&5',(&("*%*'*(&);%,%*1'-+8&J1& -15('&@10$%)*+3&0(&1"0(&'#(-&#(/'&'&7.)*&;,(-1'*&!"&5.0&0("'*1,'*&0(&)(#*'&*(.).7%-.,8
/(0(5&"%5%#3&%:'5&,+);1")8&B[%&)(&;',(&#+&"1&(&"%5%#3&0',&'#.-.&(&?("*,18&%";%"%*181%/&'#.-.&)(&'7-+& 9,(.6%%&)'/'"6%3&')%)*("6%%&(L;(,%("6(-.,&-15%%&#(,(2*%3&"1&;(,5%*&"%5+"1%&)+&)(&';,.;%(&0(&'#()*&
H,('*.,1-&;,%53&0(&1"0(&'5&;1,#()&#1&*.6%%&2%&1"0(&"(&/.5&!"*.',#(&01;+&#(&/.5&#.-%"0'&;,%"&*.*& I0(/+,3&,(;(*'*&0(&)1*(&0(&'"%&;(&;+54"*8&I#(2*%&)'/'"6%&!"&2*%%"6'&*,(#1*1-1%3&)'1&5'%&(L'#*&!"&2*%%"6'&
1"%/(,)1-8&C(;',*(&0(&#("*,1-&#,('6%%-.,&)(&'7-+&#.,;1,%&#(,(2*%&7+#1*(&0%"*,:.&5'*(,%(&#'&.&'-%7%(3&#'&.& /%%*.,1-1%3&'1&;1*(,('&0(&'&)(&7(,%&0(&;,%/%,%-(&;,.7'"%-.,8&K+&"1&/+&5%,'6%&#4"0&'7%,5&#+3&;,%"&;1*(,('&
5')+&?(-'*%".')+3&%',&;(&(-(&*,+%()#&.'5("%&*.*&'*4*&0(&5.%&#'&2%&;+54"*1,%-(&'#(-('8&I#.-.&/.5& -.,&5("*'-+3&'#(2*%&.'5("%&'1&;.)%@%-%*'*('&0(&'&)(&7'#(&"(/+F16%&7'6+&0(&.,%#%"(3&#$%',&*,(#4"0&;,%"&
5(,?(&2%&".%&.0'*+3&'#.-.&/%'6'&()*(&7(,%#%*+3&*,1;1-&',(&.&(L%)*("6+&51-*&5'%&-1"?+&0(#4*&;(&9+54"*3& -15(8&[.%&"1&#1".'2*(6%&!"#+&*'%"(-(&-15%-.,&7-1%0%#(8&I)(5("('&7(".5("(&/+&;',&5%"1"%3&;(&#4"0&!"&
(L%?("6(-(&/%(6%%&)1"*&;,('&;16%"&5'*(,%'-(&2%&.'5("%%&!"*,1;'6%&!2%&/+0&7,'6%%&);'6%'-%&2%&'10&?,'%1-&-.,8& ,('-%*'*( & (-( & )1"* & 7(".5("( & "'*1,'-(3 & !"#+ & "(#1".)#1*( & /.1+8 & a'5("%% & '#(2*%' & ', & ;1*(' & ;,.01#(&
I)*7(-&)(&0(';+"+&#1".2*%"6(-(&".')*,(8&o%%"0&7-1%0%#%&2%&*,+%"0&!"&)4"1-&5'*(,%%-.,&7-1%0%#(3&;,%5'& 7(".5("(&2%&7';*(&#(&;',&5%"1"%&;("*,1&.51-&0(&,4"03&0',&"1&.&7'#&;("*,1&#+&)1"*&)1;12%&1"1%&'"15%*&
".')*,+&;,(.#1;',(&()*(&)+&)*10%(5&5(0%1-&1"0(&"(&01#(5&*,'%1-8&H1".2*%"6(-(&.@6%"1*(&0.,%5&)+&-(& .,0%"&2%&1"(%&'"15%*(&0%)#%;-%"(8
!5;+,*+2%5 & 2% & #(-., & !")(*'6% & 01;+ & #1".'2*(,(' & 7.,5(-., & 0( & /%'6+ & )1@*%-(3 & 0%7(,%*( & #(-., & 7%F%#( & '-(& C1;+&#15&C.5"1-&R)1)&"1&):'&',+*'*&0(#4*&#(-.,&'&#+,.,&(/.-16%(&.&;(,5%*('3&*.*&')*7(-&'#(2*%&
9+54"*1-1%8 &I/(5 & 5%)%1"(' & )+ & ,+);4"0%5 & !" & -15( &3*%%".' & ?(,181%9 &S' & ',( & 5("%,(' & 0( & ' & 7.,5'& %"%6%'6%&'%&9+54"*1-1%&"1&;.*&*,+0'&)(#,(*(-(&("*%*+6%-.,&);%,%*1'-(&)1;(,%.',(3&5'%&'-()&#(-(&(L;(,%5("*'-(8&
-(?+*1,'&0%"*,(&,(-%?%(&2%&2*%%"6+3&0(&'&!5@%"'&,(-%?%'&*(.,(*%#+&#1&;,'#*%#'&2*%%"6%7%#+&'&H(,1,%-.,8&a,0%"& S%&2*%1& #+& ')%)*+& -'& .& )(,%(& 0(& (L;(,%("6(& '-(&!"'-*(%& ("*%*+6%3&#',(& 01;+&#(&)( & 5'*(,%'-%F('F+3& )(&
"%&):'&0'*&0%"&K7(,'&0%/%"+&)+&!"*(5(%(5&;(&;+54"*&.&,(8%-%(&3*%%".%;%#+/&(L4(,%7("*'8+&2%&%"%.%'*%#+9 !"*,(6%"(&#1&#(%&;,(F("6%8&S%&2*%1&#+&5',%&01$1,%&);'6%'-(&')%)*+&-'&'#(')*+&(L;(,%("6+&0(&#,('6%(&)'1
UX\ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*(
?271"%#+,%&5%"&?(, UXT

;,(7'#(,(&'&7'*(,%(%&5%0%"( &!"&1-*%5'&(%&)*',(3&!"&#('&7%F%#+8&K+&"1&1%*'6%&#+&#(-&5'%&*',(&.6(-&'&7.)*& )(L1-1%&5')#1-%"3&;,(#15&2%&2#.'-'&7.,5(%&0(&/%'6+&'&)(L1-1%&7(5%"%"8&I#(-'2%&01$&*,(@1%(&)+&=.'#(3&


7.,5'*&0(:'&-1"?1-&5%-%',0(-.,&0(&)(#.-(3&;,%"&;,(7'#(,%&)1##()%/(3&*.*&0%"&7'*(,%'&1"%#+&5%0%"+&)'1&
#'&2%&'#*.,1-&;+54"*1-1%3&'5@(-(&,.-1,%3&0(&@+,@'*&2%&7(5(%(8
7'*(,%'&4,%7+/&0%"&#',(&(&7.,5'*&2%&H.,;1-&0%/%"1-1%&H,('*.,8 I5&);1"(&".%&51-*(3&0',&"(&()*(&*('5+&#'&"1&#15/'&;,(.6%5('&;+54"*1-1%3&01;+&#(&/'&/(0('&#+&
R"&'#(-&-'@.,'*.,&0%"&P%@(*3&;(&-4"?+&(L;(,%("6(&)(&;,(0'1&2%&#1,)1,%3&')#1-*'*(&#1&)5(,("%(&0(&5',%%& "1&5'%&5(,?(&#1&,'%1-&2%&#1&%'01-3&.,%&#1&;+#'*1-&-1%&I0'53Z&)+&)1)6%"+&#+&@+,@'*1-&#',(&'&?,(2%*&!"*,:
%"%6%'6%&0(&'#.-.8&R"&*%5;1-&'#()*.,&(L;(,%("6(3&*,1;1-&#(-.,&#(&')%)*+&#(,(&;,('&;16%"+&$,'"+&7%F%#+3& 1"&'"15%*&)(")&'&7.)*&;(0(;)%*&)+&)(&!"*,1;(F(&!"*,:.&/%'6+&*(,()*,+3&)1@&7.,5+&0(&7(5(%(8
0(.',(#(&$,'"'&2%:.&'@).,@&0%"&'*5.)7(,+3&!"&)*',(&7-1%0%#+3&;(&#',(&;,%"&;1*(,('&-.,&);%,%*1'-+&.& H4*&0(&%"*(,()'"*(&)1"*&;,.@-(5(-(&#(-.,&0.1+&7.,6(&#."*,',(3&#',(&#."-1#,('F+&;("*,1&/%'6+&2%&
#."0(")('F+3&.&#/')%:5'*(,%'-%F('F+&!"*,:1"&/.-15&5%#3&$,+"%"01:2%&*,1;1-&;("*,1&5'%&51-*&*%5;8& ;,.?,()1-&(%&!"&/('#1,%M
U1-*(&01$1,%&',&0.,%&)+&')%)*(&-'&'#()*(&!"'-*(&(L;(,%("6(&0(&#,('6%%&0%/%"(3&0',&"1&-%&)(&!"?+01%(3&'#()*& G'&.,%#(&/%(61%*.,&7(5%"%"1-&',(&.&7.,5+&'*,'#*%/+&5'%&;1*(,"%#+&0(#4*&5')#1-%"1-8&!"&)#$%5@&
-'@.,'*.,&7%%"0&!"#."=1,'*&;(&0%)*'"6(&!"0(;+,*'*(&:&#'&.&#(*'*(&:&0(&)7(,(&7-1%0%#(&#."#("*,%#(8&J15'%& 5')#1-%"1-&',(&.&7.,6+&'#*%/+3&#,('*.',(3&5'%&5',(&0(#4*&7(5%"%"1-8
01$1,%-(&0(&1"&'"15%*&?,'0&;.*&;+*,1"0(&;,%"&'#()*(&@',%(,(&)'1&!"?,+0%,%&7-1%0%#(3&(-(& 2*%%"0& )+& 8&U1-*(&'5&/,('&)+&/+&5'%&);1"(53&0',&#("M2,%%&0(&-4"?+&".%&"1&"(&!"?+01%(8&G(&()*(&7,%#+&2%&-.,&#'&
0()7'#+&'#()*(&.;,(-%2*%8&U%-%.'"(&0(&'"%&';'&.#('"1-1%&"1&'&;1*1*&7%&*,(#1*+&0(&-'&1"&6+,5&-'&'-*1-8& "1&#15/'& '0(/+,1-& 0()*+%"1%*&0();,(&)(L1'-%*'*(&)+ &'%@+&).',*'&#1".2*%"6(-.,&#',(& :&0(:'&-1"?1-&
C',&);%,%*1-&!"*,1;'*&'&0'*&.&')(5("('&7.,5+&5'*(,%(%&).-%0(3&!"#4*&'&"'/%?'*&#1&('&0(:'&#1,5(F%21-& %)*.,%(%&'&5%%&0(&'"%&:&'1&7.)*&')*7(-&%"*(,;,(*'*(3&!"#4*&)+&)(,/(')#+&'"15%*.,&%"*(,()(8
';(-.,8&C'#+&(2*%&!"&;.)()%'&1".,&#1".2*%"6(&5%"%5(3&;.6%&;+*,1"0(&;,%"&F%01,%-(&)'1&)7(,(-(&7-1%0%#(& C.,%5&#'&;,.@-(5'&)(L1'-%*+6%%&)+&;%',+&0%"&!"/+6+*1,%-(&*(.-.?%#(&'-(&,(-%?%%-.,8&J1&/,(5&#'&
'-(&'#(-(%&#(*+6%3&#'&)+&')%2*%&-'&#(-(&5'%&)1@-%5(&(L;(,%("6(&,('-%F'*(&0(&01$1,%&;(&;+54"*8 /("%"0 & ;( & ;+54"*3 & !" & /%%*.',(-( & ".')*,( & !"*,1;+,%3 & )+ & "( & 5'% & '0+;+5 & -' & (,.,%-( & 0( & ;4"+ & '#158&
I/4"0&!"&/(0(,(&/%%*.,1-3&".1'&(;.#+&0(&);%,%*1'-%*'*(3&5',%-(&#+-+1F(&'-(&-15%%&'1&"(/.%(&0(& P(5;-1-&/%%*.,&)+&7%(&-15%"'*&"15'%&0(&H,('*.,&2%&-(?%-(&K'-(3&'*4*&2%&"%5%#&#',(&)+&'5%"*(')#+&0(&
51-*(&'-*(&.;(,'6%%3&;("*,1&#+&;+54"*1-&5(,?(&);,(&0(F,.@%,('&)*+,%%&0(&'F%3&%',&71,*1"'&#(&/'&/("%&/'& )(L1'-%*'*(8
'01#(&5',%&;,(7'#(,%&).#%'-(8&a&0'*+&#1&%"*,.01#(,('&1"(%&".%&.,0%"%&0(&/%'6+3&)(&/.,&;(*,(#(&7';*(&".%3& S)*(&'0(/+,'*&#+&*.*&#(&(L%)*+&!"&"'*1,+&()*(&#."01)3&0%"&/(2"%#%(3&0(&;,%"#%;%1-&51'8%*+.%%&241)(9 &
%"*,.01#(,('&".%%&,(-%?%%&:&,(8%-%'&3*%%".%;%#+9 C1'-%*'*('&()*(&.&5',(&*'%"+&0',&.51-&"1&*,(@1%(&)+&#%*(')#+&2%&)+&'10+&!"&*(5;-1-&C.5"1-1%&"%5%#&
P(&;,(/%"3&7,'*(3&"1&*.*&#(&):'&)#,%)&0(&*(.).7%&)1"*&(L'#*(8&R"&;-1)3&(%&-1#,('F+&;(&')#1")8&J.%&0.,%5& #(&)(&,(7(,+&-'&)(L1'-%*'*(3&;("*,1&#+&()*(&;,('&;+54"*()#8
G15%"+&2%&-1#,',(&-'&-15%"'&F%-(%3&;("*,1&7.-.)1-&/.)*,1&2%&5'%&'-()&'-&".)*,13&#+#%&54%"(&/.5&,(/("%& H1&#4*(&(,.,%&)(&!"#',#+&5%"*('&#.;%%-.,&!"&2#.-%-(&;,%5',(3&#4*(&@'F'#."%%&):'1&)#,%)&2%&#."*%"1+&
=.)&!"&-.#1-&/.)*,13&2%&/.5&'/('&"(/.%(&!"&/%%*.,1-&';,.;%'*&0(&G15%"+&;("*,1&'&7%&5'%&7(,%#%6%8&P(& )+&)(&)#,%(&2%&'#158&C'#+&'&7.)*&.&/,(5(&#4"0&)%5@.-1,%-(&(,'1&)%"?1,'&5.0'-%*'*(&0(&'&)(&*,'")5%*(&
')%?1,3&7,'*(3&#+&7%1-&*+1&#(-&5',(&)(&/'&%"*(,()'&51-*&0(&.;(,'&".')*,+8&['&#%*%&-1#,+,%-(&*'-(&2%&*.'*(& #1".2*%"6(&2%&%"7.,5'6%%3&;("*,1&.51-&0(&'F%&(-(&2%:'1&;%(,01*&/'-.',('3&/(#$%-(&)%5@.-1,%&?("(,4"0&
#+,6%-(&@%@-%.*(#%%&*'-(3&;(&#',(&-(&/'&;+)*,'&#1&)7%"6("%(8&H%*%"0&5'%&*4,F%1&'#()*(&,4"01,%&)(&/'&5%"1"'& 0.',&#."#(;6%%&#.;%-+,(2*%&2%&%"(L'#*%*+6%&;(&5',?%"('&#+,.,'&):'1&7+#1*&2%&)(&7'#&"15(,.')(&;.-(5%#%&
#4"0&/'&'1F%&0(&5.01-&#15&'1&7.)*&.@6%"1*(8&U+,*1,%)()#&#+&-'&,(/("%,('&5('&;(&;+54"*&/.%&'/('& 2%&);(#1-'6%%&7%-.).7%#(8&I&).)%*&/,(5('&)+&7%(&!"-+*1,'*(&'#()*(&'@)1,0%*+6%8
?,%=+&)+&"1&*,('#+&/%'6'&5('&*(,()*,+&7+,+&#'3&;,%"&/%%*.,%%&5(%&.#$%&*,1;(2*%3&)+&"1&,(#%*()#&'#()*(& R'*+&1"&(L(5;-18&C15"(F(1&'&7+#1*&;(&.5&:&@+,@'*&O=%&<:'&'2(F'*&!"&,'%8&C',&/+F4"0&#+&)+,5'"1-&
,4"01,%3&0(&'#15&'-(&5(-(3&#',(&5+&/.,&15;-(&0(&1"&7',5(#&"();1)8 0(&(-&)(&;-%#*%)(2*(3&'&$.*+,4*&)+:%&7'#+&1"&;',*("(,8&!"&'#()*&)#.;&'&,1;*&0%"&#.')*'&-1%&.&;',*(&0%"&#',(&
C1;+&#15&51-6%&0%"*,(&/.%3&.'5("%&*,1;(2*%3&);1"&!"&*%5;1-&/%(6%%&-.,&#+&0'#+&/.,&5'%&(L%)*'&01;+& '&7+#1*&7(5(%'8
5.',*(3&/.,&0'&;,.@(&0(&(L%)*("6'&-.,&0(&0%"#.-.&0(&5.,54"*3&*.*&')*7(-3&;("*,1&'&5+&,(#1".'2*( &!"&
'#(')*+ & .;(,+ & ' & #1?(*1-1% & 5(13 & 0( & ;( & '#15 & ;,(F%# & /%%*.,1-1% & 5(1 & *'*+3 & 'F% & #.;%-A & P'*+3 & *'*+ & '-& K(&;.'*(&.&(L;1"(,(&5'%&"'%/+&0(#4*&'#(')*'D&a&7%&7.)*&7,15.')+&;./()*('&')*'&.0'*+3&!"&1,5+&#1&
/%%*.,1-1%&5(1&*,1;3&)+&2*%%&#+&;,%51-&*+1&#.;%-&/'&7%&1"&@+%'*8&9("*,1&'&*(&#."/%"?(&;(&*%"(&:&#',(&/(%& 5%%&0(&'"%3&#4"0&.51-&(,'&*',(&!"';.%'*8&C',&'#15&#$%',&;(&.51-&#4*&0(&;16%"&,%0%#'*&!-&7'#(&)+&
#%*%&'#()*(&,4"01,%3&2%&;("*,1&'&5+&#."/%"?(&2%&;(&5%"(&:&#',(&/.%&7%&#.;%-1-&*+13&5'%&;,(F%#A&9,%51-&*+1& F45@(')#+8&BH153&*'%#+&:& ',&!"*,(@'&#%"(/'&;,(.*1-&:&C15"(F(1& '& 7+#1*&;(& .5& 01;+&2*%%"6'&K'&
#.;%-&/'&7%&1"&@+%'*3&#',(&!"&#."*,')*&#1&7%F%#1-&*+1&.'#$(23&/'&7%&@-."08&S1&#%*%"0&;()*(&51-6%&'"%&0(& %"7%"%*+D&J1&;1*('&#'&;,%"&'#(('2%&5(*.0+&)+&7'#+&2%&7(5(%'D&C(&#(&)+&.&)#.'*+&0%"&#.')*'&@%(*1-1%&
'#15&!"'%"*(&'#()*(&,4"01,%3&5+&/.%&@1#1,'&2%&/.%&?+)%&!"&(-(&1"&;1*(,"%#&%5@.-0&0(&'&5+&.#1;'&0(& a5D&o(5(%'&()*(&2%&('&.53&-'&7(-&#'&@+,@'*1-3&0.',&#1&.&5%#+&0(.)(@%,(8&C(&#(&'&7+#1*&C15"(F(1&;(&
-15('&01$1,%-.,8&K+,1*+,%&2%&'-%"*+,%&0%/%"(&!6%&1,(F3&@1"%#1-&5(13&;("*,1&,()*1-&F%-(-.,&;(*,(#1*(&!"& S/'&0%"&#.')*'&-1%&I0'5DE
'#()*&*,1;3&0(&1"&"(;,(61%*&7.-.)&#'1F(%&".')*,(8 IF%&"1&5'%&()*(&;(,5%)&)+&)(&%'&-%*(,'&#+,6%%&'2'&#15&'&7.)*&)#,%)+&.0'*+3&;("*,1&%?".,'"6%3&#%&)+&)(&
);1"+&#(&)(&!"6(-(?(&0%"&'#()*(&)%5@.-1,%3&#1".)#1*(&0%"&#('&5'%&'04"#+&'"*%#$%*'*(&0(&%"%6%'6%8&S%&
#1".2*('1&2%&#1".)#&2%&'F%&#+&C.5"1-&C15"(F(1&()*(&1"1-3&2%&S-&()*(&;.F%*%/&2%&"(?'*%/3&2%&#+&!"&
-15%-(&7%F%#(&S-&'&0()#.5;1)&)*+,%-(&#(,(2*%&!"&0.1+&7.,5(A&@+,@'*&2%&7(5(%(3&5')#1-%"&2%&7(5%"%"8&
a51-&'&*,(#1*&;,%"&*,(%&7'F(&!"&(L%)*("6'&)'&;(&9+54"* o%L'6%:/+&@%"(&!"&5%"*(A&>%"&0(3"%#%(&3%&!"&*2'*(&1"%0(,)1,%8(/&4(&*2'*(&48'"(*(8(&82,/&7')#18%"18&"1&' &
41*1*&(L%)*'&;+,+9&;(7%"%"18&#2,()41"M+*2,9
a51-&'&7.)*&-'&!"#(;1*&'"0,.?%"3&@%)(L1'-8&9(&9+54"*&2%&;(&.,%#',(&'-*+&;-'"(*+&.51-&"1&'&7.)*&0(&
>*%%&@%"(&#+&".%3&01$1,%-(&)1"*(5&!5;+,6%*(&!"&0%7(,%*(&?,'0(3&01;+&(/.-16%'&;,%"&#',(&'5&*,(#1*8& -'&!"#(;1*&;(,(#$(3&'0%#+&@+,@'*&0(&.&;',*(&2%&7(5(%(&0(&'-*+&;',*(3&#%&'1&7.)*&'54"0.%&!"*,:1"&'#(-'2%&
o%(#',(&1,5+,%5&)+&'7-+5&#(('&#(&"1&#1".'2*(5&!"#+3&2%&;("*,1&'#(')*'&"(&)*'1&-'&0%);.F%6%(&0.1+&#+%A& *,1;8
"(&F@'*(5&)+&'7-+5&'0(/+,1,%-(3&0%,(#*&;,%"&".%&!"2%"(3&)'1&0'#+&()*(&%5;.)%@%-3&"(&'0,()+5&#(-.,&#(& I)(5("('&1".,&'"%5'-(&'#*1'-(&.51-&*,1;()#3&;,%5%*%/3&'/('&!"&%"*(,%.,1-&)+1&.,?'"(&;,.01#+*.',(&
"(:'1&0(;+2%*&#1&2#.'-'&-.,3&7%%"0&;(&;-'"&(/.-1*%/&-'&.&0%)*'"6+&0(&5%-%',0(&0(&'"%&0(&".%8 0(&(-(5("*(&)(L1'-(&5')#1-%"(&2%&7(5%"%"(8&G'&'"15%*(&;(,%.'0(&0(&*%5;3&-(?'*(&0(&7'F(-(&G1"%%&2%&
C(&51-*(&.,%&/+&;1"(6%&!"*,(@+,%&,+5')(&7+,+&,+);1")8&J.%3&01$1,%-(&#1&;.)%@%-%*+6%&5'%&5',%&0(#4*& 0(&;.F%6%'&1".,&'"15%*(&;-'"(*(&'-(&)%)*(51-1%&".)*,1&).-',3&)(&7.,5'1&!"&%"*(,%.,1-&*,1;1-1%&.5("()#&
/.%&2%&1"&#45;&5'%&/')*&0(&#1".2*%"6(3&!"0,+F"%5&*.*12%&5'%&51-*&0(#4*&/.%&2%&;1"(5&!"*,(@+,%&0(& (-(5("*(-(&)(L1'-(&5')#1-%"(&2%&7(5%"%"(3&7+,+&2*%,('&.51-1%3&01;+&#15&/.%&"1&)%56%6%&#15&2%&#4"0&
7(-1-A&T"0(&-.#1%(2*(&H,('*.,1-D&C(&#(&"1&"(&;(,5%*(&)+&#1".'2*(5&'"15%*(&'0(/+,1,%&!"'%"*(&0(& )(&7'#(&7%-*,',('&1,%"%%&0%"&)4"?(-(&*,(#1*&;,%"&,%"%#$%8&C.1+&(-(5("*(&)(L1'-(&#."*,',(&)(&1"('1&!"*,(&
/,(5(D&J(&7,+54"*+&51-*(&!"*,(@+,%3&#+#%&2%&".%&)1"*(5&#1,%.2%&#'&/.%3&2%&;(&".%&"(&',0(&0.,%"6'&0(&'& (-(&2%&?("(,'1&.1-3&#',(&;,%"&0(F/.-*',(3&0+0('&"'2*(,(&#.;%-1-1%3&(L;1-F'*&-'&*%5;1-&)+18&!"&'#(')*+&
7%&-15%"'6%&')1;,'&51-*.,&;,.@-(5(8 ;(,%.'0+&)(&0(F/.-*'1&5'5(-(-(&.51-1%&2%&;,.01#('1&-';*(8&J+)#+*.,1-&-1'&#.;%-1-&/("%*&!"&-15('&
R'*+&. &;,.@-(5+&',F+*.',(A&C( &#(& ;-'"*'3&'"%5'-1-&2%&.51-&(&0%7(,("6%'*&!"& 0.1+&7.,5(3& 1"'& 7%F%#+&2%&!-&$,+"('&#1&-';*(-(&;,.01)&0(&5'5(-(-(&)'-(8&I2'0',3&!"&'#()*&)*'0%1&(/.-1*%/&.51-&)(&
7(5%"%"+&2%&'-*'&5')#1-%"+D&9,%5%"0&,+);1")1-&-'&'#(')*+&!"*,(@',(&0.,()#&)+:<&!5;+,*+2()#&#1&/.%3& '1*.7(#1"0'&!"&5.0&%"#."2*%("*8
0(2%&()*(&1"'&0%"&5',%-(&*'%"(&'-(&H(,1,%-.,8&J1&"%&)(&;(,5%*(&)+&/.,@%5&;(&-',?&0();,(&'#()*&)1@%(#*& C1;+&'#(')*+&;,%5+&7'F+&'&1,5'*&'&0.1'&7.,5+&0(&.53&*.*&'"0,.?%"+&)'1&@%)(L1'-+3&0',&0(&0'*'&
.;,%*&;("*,1&.51-&*,1;()#3&0',&"%&):'&0'*&!"/.%,('&)+&/+&0(F/+-1%5&#4*(&#(/'8 '#(')*'&(,'&@+,@'*&2%&7(5(%(&-'&(L*(,%.,3&'0%#+&(,'&;,(/+F1*&#1&.,?'"(&?("%*'-(&7(5(%(2*%&2%&@+,@+*(2*%8&
U'%&!"*4%&*,(@1%(&)+&2*%6%&#+&!"&-15('&7-1%0(-.,&"1&(L%)*+&7.,5(&;+54"*(2*%3&0%7(,("6%'*(&!"&)(L8& H1&'-*(&#1/%"*(3&'#()*&.5&(,'&$(,5'7,.0%*8&!"&'#(')*+&7'F+3&.'5("%%&)(&#1;-'1&#4*(&0.%8&T"1-&=1#'&
I2'0',&)(L1-&-%;)(2*(&!"&-15('&);'6%%-.,&#(,(2*%8&J.%3&01$1,%-(&15'"(3&"1&)1"*(5&"%#%&@+,@'6%3&"%#%& ,.-1-&0(&@+,@'*&2%&#(-+-'-*&0(&7(5(%(3&%',&';.%&)(&!5;(,(#$('1&%"/(,)8&C1;+&)#$%5@1-&0(&(-(5("*(&
7(5(%3&2%&#1&*.'*(&'#()*('&!"6(-(;#%1"('&H,('*.,1-1%&'&)*'@%-%*&#'&/%(61%*.',(-(&7%F%#(&)+&'%@+&)(L8 )(L1'-(3&)(&7.,5'&!"&7%(#',(&0%"*,(&(%&7(*1)1-3&;(&#',(&01;+&#(&)(&0(F/.-*'&!-&"+2*('18&o%(#',(&.5&
a51-&)'1&'"%5'-1-&"1&)(&"'2*(&-'&!"*45;-',(&!"*,:1"&)(L&5')#1-%"&)'1&7(5%"%"8&P.*1-&(&/.%*&2%& 0(/("('&5'5+3&!2%&#,(2*('&2%&'-+;*'&#.;%-1-&#1&5'5(-(-(&0(/("%*(&*1,?()#("*(&2%&;-%"(&#1&-';*(8
.,4"01%*&0(&)1)8&C',&)+&,(6%"(6%&@%"(&#+&'#(-'2%&01$&*,(@1%(&)+&#1".')#+&2#.'-'&7.,5(%&0(&/%'6+&' o.,5'&'#(')*'&@%)(L1'-+&'&01,'*&51-*+&/,(5(&;(&;+54"*3&2%&#'&.&;,.@+&'&(%3&!"&/%,*1*('&'*'/%)51-1%3&
!"&0%7(,%*(&6+,%&';',&2%&'F%&$(,5'7,.0%6%3&.'5("%&#',(&)1"*&!"&'#(-'2%&*%5;&@+,@'*&2%&7(5(%(8
UY_ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"&?(, UYU

R"&7%"(3&!"#(*1-&#1&!"#(*1-3&'*,%@1*(-(&5')#1-%"(&'1&!"#(;1*&)+&)(&,(01#+&-'&1"%%3&%',&-'&'-6%%&'1& !"#+&0%"&;,%5(-(&5.5("*(&'-(&!"*,1;+,%%&)'-(&01$1-&!2%&/'&7')."'&2%&)#1-;*'&)%)*(51-&#(,(@,'-3&
;%(,%*&'*,%@1*(-(&7(5%"%"(8&9,.#()1-&'&#."*%"1'*&')*7(-&5%%&0(&'"%3&;4"+&#4"0&1"%%&'1&,+5')&"15'%& #."7.,5&;-'"1-1%&0()*%"1-1%&)+18&H4"0&);%,%*1-&/%"(&)+&)(&!"*,1;(F(3&'01#(&#1&)%"(&*.'*+&#.5.','&)'&
@+,@'6%&%',&'-6%%&"15'%&7(5(%3&!5;(,(#$%"01:)(&!"&/(0(,('&71"#6%(%&0%/%"(&:&;,.#,(',('3&7.,5',('&1".,& 7.,5'*+&0%"&5%"1)#1-(&#-%2((&5(5.,%'-(3&'01"'*(&!"&*.'*(&(L%)*("6(-(&)'-(&'"*(,%.',(8&9(&@'F'&'#()*.,&
#.,;1,%&".%3&!"&#',(&)+&)(&!"*,1;(F(&'"15%*(&("*%*+6%&);%,%*1'-(8 #-%2((&2%&#."7.,5&0()*%"1-1%&;(&#',(&!-&/'&*,+%3&01$1-&!2%&'-#+*1%(2*(&)%)*(51-&#(,(@,'-3&%")*,15("*1-&#1&
H1".2*%"6(-(&0();,(&'#()*(& )*+,%&: &*,'")5%)(& ;,%"&/%1&?,'%3&0%"& ?("(,'6%(&!"& ?("(,'6%(& :&):'1& #',(&/'&#4"*'3&',5."%'&)'1&0(F',5."%'&5'"%7()*+,%-.,&)'-(&)17-(*(2*%8
0(7.,5'*&;4"+&'1&0(?("(,'*&!"&@')51-&#1&#,(',('&S/(%&0%"&#.')*'&-1%&I0'58&J1&):'&,1;*&"%#%&q&#.')*+3& C',&;("*,1&#'&01$1-&)+:2%&;.'*+&#4"*'&)%57."%'&?4"01,%-.,&)'-(3&%")*,15("*1-&)+1&#(,(@,'-&*,(@1%(&
#%&):'1&7.,5'*&*,(%&)(,%%&;,%"#%;'-(&0(&7%%"6(&7%F%#(&15'"(3&#1&)*+,%-(&-.,&%"*(,5(0%',(8 )+&7%(&!"&',5."%(&#1&#1*%'&)'&#,'"%'"+8&!"#+&0%"&7'F'&(5@,%."',+&'&/%%*.,1-1%&)+1&*,1;&2%&;4"+&-'&/4,)*'&
9,%"&1,5',(3&!"*4%&'&7.)*&7.,5'&'"0,.?%"+&%"*(,"+3&#1&.,?'"(&@%)(L1'-(&%"*(,"(3&#',(&)(&'1*.7(#1"0'1& 0( & *,(% & '"% & ' & #.;%-1-1%3 & 01$1- & -1#,('F+ & 5(,(13 & #1 & '=1*.,1- & '"15%*., & 7-1%0(3 & ')1;,' & 5'*(,%(%&
7+,+&#'&.51-&)+&;.'*+&#."*,.-'&'#()*&;,.#()Q&'&0.1'&7.,5+&:&'"0,.?%"+&(L*(,"+3&$(,5'7,.0%*+3&#1& %")*,15("*1-1%&)+1&#(,(@,'-3&5.0(-4"0&;,.*1@(,'"*(-(&#(,(@,'-(&2%&.')(-(&#,'"%("(8&I#(')*+&5.0(-',(&
.,?'"( & @%)(L1'-( & (L*(,"(3 & #',( & )( & 7(#1"0'1 & ;,%" & !5;(,(#$(,( & ,(#%;,.#+ & 2% & #1 & )#$%5@1-3 & 7%(#',(& ()*(&(L(#1*'*+&0(&01$&7%(&;("*,1&':2%&5'"%7()*'&;,%"&)%)*(51-&#(,(@,'-&7'#1-*+6%-(&'/1*(3&0.@4"0%*(&!"&
%"0%/%0&"+)#4"0&2%&'-+;*4"0Q&!"&7%"(3&)*',('&'#*1'-+&:&#4"0&.51-&(&,(;,(F("*'*&;,%"&%"0%/%F%&)(L1'6%&#(& *,(#1*&2%&7.-.)%*(&;("*,1&.@6%"(,('&1".,&7'#1-*+6%&".%3&7%(&;("*,1&!"*1"(#',('&1".,&7'#1-*+6%&0.@4"0%*(&
;,.#,('F+&;,%"&!5;(,(#$(,(3&"+)#4"0&2%&'-+;*4"0&"15'%&7(5(%'8&R'*+&!"6(-()1-&;,(F("6(%&-'&@+,@'6%&'& !"&*,(#1*&2%&#',(&"1&*,(@1%(&)+&'=1"?+&-'&(L;,%5',(&;,%"&*,1;1-&0%"&".1'&)'&/%'6+&*(,()*,+8
5'5(-(-.,3&@%"(!"6(-()&;(&#'-(&0(&0%);',%6%(8 I=1*'*&0(&'"15%6%&7,'6%&#(,(2*%3&01$1-&-1#,('F+&-'&#."7%?1,'6%'3&7.,5'&2%&)*,1#*1,'&("#(7'-1-1%&)+13&
I#()*(&'0(/+,1,%&-(&;.)(0+5&0(&-'&)1;(,%.,%%&".2*,%3&#',(&'1&*,+%*&;(&'#()*&?-.@&!"&*%5;1,%-(&#4"0& ;("*,1&#'&;,%"&%"*(,5(0%1-&'#()*1%'&)+:2%&;.'*+&5'"%7()*'&'"15%*(&7'#1-*+6%3&)+:2%&!")12(')#+&7'#1-*+6%&
.5("%,('&*,(#('&;,%"&'#()*(&7'F(3&2%&5'%&)1"*(5&%"7.,5'6%&2%&0(&01$1,%-(&).)%*(&'%#%&0(&;(&;-'"(*(& ".% & )'1 & )+ &7%( & ;,%/'* & 0( &7'#1-*+6%-( & 0.@4"0%*( & #1 & /('#1,% &!" & 1,5+3 &0', & '& #+,., & 5'"%7()*',( & ()*(&
%"7(,%.',(3&0%"*,(&#',(&1"'&#$%',&0%"&)%)*(51-&".)*,13&1"0(&.51-&)(&'7-+&!"&;,%5'&7'F+&'&'1*.7(#1"0+,%%3& %"*(,F%)+&#."7.,5&0()*%"1-1%&)+1&0%"&'#(')*+&!"*,1;',(8&J1&()*(&/.,@'&0(&#1".2*%"6(&2*%%"6%7%#(3&#%&0(&
2%& 0%" & '-*+ &;-'"(*+3&0%"*,:1" &'-*& )%)*(5&).-',3&1"0( &.51-&()*( & !"&'&0.1' &7'F+& : &' &!5;(,(#$(,%-.,& #1".2*%"6(-(&0.@4"0%*(&0(:'&-1"?1-&5%-%',0(-.,&0(&'"%&0(&#4"0&01$1-&'&7.)*&7+1,%*8
,(#%;,.#(3&'5@%%&7%%"0&"+)#+*.,%8 K+&'05%*(5&#+&:&;.*,%/%*&0()*%"1-1%&)+1&0%"&'#(')*+&/%'6+&*(,()*,+&:&01$1-&*,(@1%(&)+&7%(&1"&%0%.*3&
!"&'#()*&#'F&.,%#(&7')."',(&'&#%,#15/.-1*%1"%-.,&#(,(@,'-(&2%&'&#1*%(%&#,'"%("(&!%&)1"*&%"*(,F%)(8&I2'&
7%%"03&(-(&)(&/.,&0(F/.-*'&-'&/.%'&!"*45;-+,%%3&%',&("#(7'-1-&01$1-1%&/'&7%&#'&.&;+01,(&)+-@'*%#+&!"&
#.5;','6%(&#1&1"&;',#&!"7,151)(6'*&0(&.&%"*(-%?("6+&)1;(,%.',+8
C1$1-&!2%&#.")*,1%(2*(&/%%*.,1-&)%)*(5&#(,(@,'-&#."7.,5&0()*%"1-1%&)+1 C'#+&#1".2*%"6(-(&7,(".-.?%(%&',&7%&7.)*&01)(&5'%&0(;',*(3&.51-&',&7%&;1*1*&0(01#(3&0%"&(L'5%"',('&
#1*%(% & #,'"%("(3 & '"15%*( & #';'#%*+6% &2% &;.)%@%-%*+6% & 0( & 5'"%7()*',( &%"*(-(#*1'-+ & 2% & %5;-%#%* & 0()*%"1-&
'#(-1%&.58&a&'"15%*+&0(F/.-*',(&'&)%)*(51-1%&#(,(@,'-&/'&;(,5%*(&01$1-1%&)+:2%&(L*(,%.,%F(F(&0%7(,%*(&
a51-&"1:2%&'5%"(2*(&"%5%#&0%"&;,%5%%&*,(%&'"%&'%&#.;%-+,%(%&)'-(&;("*,1&#+&-'&'#('&/,(5(&)%)*(51-& #-%2((&'-(&5(5.,%(%&)'-(&%"*(?,'-(3&0.@4"0%*+&!"&5%%&0(&/%(6%8
)+1&#(,(@,'-&(,'&)-'@&7.,5'*3&2%&#'&1,5',(&"1&!"6(-(?('&"%5%#&0%"&#(-(&;(*,(#1*(&!"&=1,1-&)+18 &!"& a3&0,'?1-&5(1&7,'*(3&#4*(&*'%"(&"(&!"#."=.',+M&K*+5&2%&5(0%*+5&;("*,1&#(&.',(&'&7+#1*&P'*+-&'2'&2%&"1&
'#(')*+&;(,%.'0+3&*,'%1-&.51-1%&()*(&')(5+"+*.,&#1&'-&1"1%&'"%5'-A&5+"4"#+3&)(&=.'#+3&*.'*+&F%1'& '-*7(-3&2%&0(&51-*(&.,%&"1&;1*(5&,1;(&/+-1-&#(&'#.;(,+&5%)*(,1-&)#.;1-1%&1,5+,%*&0(&H,('*.,8&S1&)1"*&
7%%"0&;("*,1&(-&1"&#."*%"11&;,(F("*8&S-&*,+%(2*(&!"0(5"'*&0(&1"&%")*%"#*&'/1*&#$%',&0(&-'&#,(',('&)'8 1"&01$&@+*,4"&'-&;-'"(*(%&9+54"*3&2%&#1&*.'*(&#1".2*%"6(-(&5(-(3&H,('*.,1-&'2'&'&/,1*3&#'&54%"(3&#4"0&
9,%"&'#(('2%&)*',(&*,(#(&2%&01$1-&!"&;,%5'&;(,%.'0+&'&(L%)*("6(%&)'-(8&C1;+&#(&'&7.)*&#,('*&0(&P'*+-& 5+&/.%&!"*,1;'&2%&/.%&7%&%',+2%&1"&#.;%-&0(&\:^&'"%3&)+&!"#(;&,(!"/+6',('&'-7'@(*1-1%&2%&;+,%"6%%&5(%&)+:
0%/%"3&01$1-&/(0(3&'10(3&)%5*(3&!"*,:1"&#1/4"*&:&*,+%(2*(3&0',&*,'%1-&)+1&)(&)#1,?(&!"*,:.&).5".-("6+3& 5%&;.',*(&54"'&#'&)+&!"/+6&0%"&".1&)#,%)1-8&C(&#4*(&.,%&5:'5&!"*,1;'*&'5&!"#(;1*&0(&-'&FB?/&0(2%&
/%)',( & 2% & /(?(*',( & ;,(-1"?%*+ & -' & %"7%"%*8 & U(5.,%' & )' & ()*( & 7.',*( & ,(01)+3 & 2% & #';%*'-1- & 0( & %5'?%"%& #1".)#&*'%"(-(&#,('6%(%&P'*+-1%&5(1&#(,()#8
'#151-'*(&7.',*(&)+,'#8&C%"&'#(')*+&#'1F+3&!"&;(,%.'0'&%5(0%'*&1,5+*.',(&"'2*(,%%&)'-(&0%"&)4"1-& C',&#%"(/'&0(&-'&/.%&',&;1*('&);1"(A&BI2'&(3&7,'*(3&()*(&#-',&2%&'5&!"6(-()3&0',3&,.?1:*(3&0'#+&.51-&
H,('*.,1-1%3&01$1-&"1&',(&"%#%&1"&B*,(#1*E&!",(?%)*,'*&!"&7-1%01-&5(5.,%(%&)'-(8&H.;%-1-:01$&*,+%(2*(& '&5'%&*,+%*&!"&c.54"%'&!"&'-*+&/%'6+3&2%&'&/.,@%*&,.54"(2*(3&0(&#(&"1&/.,@(2*(&#$%',&0%"&;,%51-&'"&'-&
#."01)&')(5("%&#.;%-1-1%:.53&"15'%&0(&%")*%"#*3&)1@&!"0(5"1-&1".,&%5'?%"%&'2(F'*(&0(&H,('*.,&!"& #.;%-+,%(%&".%%&)'-(&!"*,1;+,%DE&[.%&,+);1"0(&'#()*1%&7,'*(&#+&01$1-&',&/.,@%&#$%',&0%"&;,%5(-(&-1"%&'-(&
)#4"*(%(3&#$%',&0%"&5.5("*1-&#,('6%(%&)'-(&!"&K7(,'&0%/%"+3&-.#1-&)+1&0(&.,%?%"(8&I#()*(&%5'?%"%&!-& /%(6%%&)'-(&*,1;(2*%&0',&)%)*(51-&)+1&#(,(@,'-&!"#+&"1&()*(&!"&)*',(&)+&#..,0."(F(&0(.0'*+&,();%,'6%'3&
!"0('5"+&)+&7'#+&#(('&#(&()*(&#."7.,5&#1&5("%,('&)'3&)+&(L(#1*(&'1*.5'*&#(('&#(&(&!")#,%)&!"&(-8 5%2#',('&?1,%%3&'&-%5@%%3&'&#.',0(-.,&/.#'-(&(*#8&H$%',&0'#+&!"&5(5.,%'&01$1-1%&()*(&!")#,%)&*.*&
U(5.,%'&.51-1%&()*(&1"'&0%"&5%"1"%-(&#,('6%(%Q3&#1&#',(3&71"#6%."4"0&5(,(13&.51-&):'&.@%2"1%*& #'*'-.?1-&#1/%"*(-.,&,.54"(2*%3&'#()*('&"1&)(&;.*&(L*(,%.,%F'3&;("*,1&#+&*,1;1-&)+1&(&;,('8&;-+;4"0&2%&
2%& "1:2%&5'%& 0+&)('5'& 0(& /'-.',('&(%&0(.)(@%*+8&!"*,:'0(/+,& ()*(&.&5%"1"(&'&H,('*.,1-1%&#'3& !"& .,?'"(-(&-1%&)1"*&!"&#1,)&0(&7.,5',(8&C(&')(5("('&7%-*,1-&'1F1-1%&!%&-%;)(2*(&%',&(?.:1-&)+1&"1&',(&.&
(L%)*("6'&)'&%"7%"%*+3&01$1-&)+&;.'*+&'#151-'&!"&$'%"'&)'1&/($%#.-1-&)+1&0(&5(5.,%(3&%5'?%"%&%"7%"%*(& -(?+*1,+&7%0(-+&#1&)%)*(51-&#(,(@,'-&!"#+&%"#.5;-(*&7.,5'*8
2%&1-*,':5%#,.)#.;%#(3&;(&@'F'&#+,.,'&)+:2%&;.'*+&,('5%"*%&*.*&*,(#1*1-&)+18 C',&%'*+&:&#.;%-1-&):'&7+#1*&5',(&2%&'#15&-1#,('F+8&!"'%"*('&01$1-1%&)+1&/%"&F%&0(&F%&".6%1"%&".%&2%&
J.%3&("*%*+6%-(&);%,%*1'-(3&0%)*%"?(5&0.1+&7(-1,%&0(&5(5.,%%A (-&/'&')%5%-'&".%-(&0'*(3&".%-(&%0(%3&#1&.&5',(&,(;(F%#%1"(&2%&121,%"6+3&;(&#4"0&1"&'-*1-&)(&/'&*,10%&.,(&
<87(72,%'&5%0%"+&:&5'"%7()*'*+&%")*%"#*%/3&'1*.5'*3&0'*.,%*+&#-%2((-.,&;1)(&0(&H,('*.,&!"&5.5("*1-& !"*,(?% & )+ & 2% & -( & !")12(')#+8 & C( & #( & '#(')*+ & 0(.)(@%,(D & 9("*,1 & #+ & #(- & 0%"*4% & "1 & ' & 7+#1* & 0(#4* & )+&
#4"0&"(:'&#,('*&#'&01$Q ,+)#.-(')#+3&0%"&',$%/'&01$1-1%&)+13&#(('&#(&'&0(;.F%*'*&.0'*+3&%',&#(-&0(&'-&0.%-('&/%"(&;("*,1&!"*4%'&
V87(72,%'&2A)(,0+,%%&)'1&'&!"0+.+,%%/&'?."%)%*+&0(&".%3&01$1,%-(3&!"&0(#1,)1-&(L%)*("6(%&".')*,(3& .',+&!"&#."*'#*&#1&'#()*(&%0(%3&2%&0(#%&',(&"(/.%(&0(&.&'*("6%(&5'%&!"#.,0'*+&2%&,(;(*+,%&5'%&"15(,.')(&
'#151-4"0&'"%&0(&'"%3&F%&0(&F%&2%&)(#1"0+&0(&)(#1"0+&%5'?%"%&)'1&#-%2((&!"&$'%"'&".')*,+&0%/%"+8 ;("*,1&#'&".%-(&#-%2((&)+&)(&!"*%;+,(')#+&@%"(&!"&5'*(,%'&5(5.,%(&'&01$1-1%&)+18
9,%5'&5(5.,%(3&#('&0%/%"+3&'&7.)*&0+,1%*+3&%',&#('&0(:'&0.1'3&15'"+3&'&7.)*&'?."%)%*+8 H1&'#(')*+&.#'F%(3&#.")*'*+5&#+&(L%)*+&0.1+&7(-1,%&0(&%0(%&)'1&".6%1"%&#1&#',(&/%"(&!"&#."*'#*&1"&
I2'0',3&H,('*.,1-&'&'2(F'*&!"&);%,%*&1"&#-%2(1&#(&,(;,(F%"*+&C%/%"%*'*('&H,('*.',(%&;(&H(-&#',(&<:'& 01$A&#(-(&/(#$%3&;(&#',(&-(:'&5'%&!"*4-"%*&2%&0(#%&-(&;.)(0+3&2%&'-*(-(&".%3&;(&#',(&01$1-&-(&!"*4-"(2*(&
#$(5'*&-'&/%'6+8&I-+*1,%&0(&'#()*'&5'%&()*(&#8%3(18&#2")(,0+,%%&2%&#8%3(18&4(,4(*1+,%%&)4(#%(%/&;1)&!"& ;("*,1&;,%5'&.',+&2%&#'1*+&)+&-(&5(5.,(F(3&)+&2%&-(&!")12(')#+8&a;(,'6%'&!"*%;+,%,%%3&'&!",(?%)*,+,%%&
;,'#*%#+&0(&01$&#4"0&)(&/'&!"*,1;'3&#4"0&/'&/%(61%&;,%"&-15%-(&;-'"(*',(8&I-+*1,'*&'#()*.,'&'1&5'%& %0(%-., & )( & 7'#( & '1*.5'*8 & !")+ & #."0%6%' & ()*( & #' & 01$1- & )+ & '#.,0( & '*("6%( & (L#-1)%/+ & ')1;,' & %0(%-.,&
7.)*&;1)(&!"&)#4"*(%'&0%/%"+&2%&'-*(&#-%2((3&0%"*,(&#',(&#8%3(18&52,%".(%&',M+*2',(&5(&'&)*15%'&24(,(8(& 5(5.,'*(3&;("*,1&#'&!",(?%)*,',('&-.,&)+&)(&,('-%F(F(&#4*&5'%&#-',3&2%&';.%&)(&5'%&#(,(&.&,(;(*',(&'&
?,('*2,181%/&#1&)#.;1-&0(&'&'=1"?(&2%&(-&.0'*+&1"&#,('*.,8 '#()*.,&%5;,%5+,%3&;("*,1&#'&#-%2(1-&)+&"1&)(&;%',0+8&a,%#(&#-%2(1&()*.5;'*3&"(#-',3&#1&/,(5('&)(&
R"&'7',+&0(&'#(')*+&5(5.,%(&.,%?%"',+&(L%)*+&2%&5',('&5(5.,%(&'&01$1-1%3&7(72,%'&)'&4(,)2"'8+/ & ;%(,0(&2%&()*(&"(/.%(&)+&7%(&,(7+#1*8
#42*%?'*+&#1&;,(61-&'&5%-%',0(&0(&'"%&0(&)17(,%"6+8&C%"&'#()*&;1"#*&0(&/(0(,(3&(13&01$&)1"*&%0("*%#&#1& 9./()*('&5(2*(,1-1%&U'".-(&)(&;.*,%/(2*(&0(&5%"1"(&2%&'%#%8&C1;+&#(&2%:'&!"?,.;'*&).6%'3&F%01,%-(&
P'*+-3&;("*,1&#+&2%&(1&'#151-(F&#-%2((&#'&2%&S-3&2%&0'#+&'#%|%5&"15+,1-&#-%2((-.,&5(-(&()*(&5'%&5%#& #.")*,1#6%(%&)'-(&"1&):'1&5'%&0+,45'*8&S1&/.%&);1"(A&01;+&#(&01$1-&2%:'&!"?,.;'*&51-*(&).6%%&'-(&)'-(&
0(#4*&#(-(&'-(&P'*+-1%&#(,()#3&5+&/.%&)%-%&)+&5+&';,.;%%&0(|&"15+,1-&#-%2((-.,&'#151-'*(&0(&S-3&!"& :&*,1;1,%&"15(,.')(&:&(-&/'&'=1"?(&)+&/.,@(')#+&%5(0%'*&01;+&!"*,1;',('&)'8
/(2"%#%'&)'1&(*(,"%*'*('&/%%*.',(8 C%"&#(-(&(L;1)(&5'%&)1)&,(%()(&#+&01$1-&7'#(&0.1+&.;(,'6%%&#4"0&!"*4-"(2*(&%0(%&".%A&.&.;(,'6%(&0(&
K'/'"6%%&;+54"*1-1%&'7%,5+&?,(2%*3&#+&5(5.,%'&()*(&,(F1-*'*1-&!",(?%)*,+,%-.,&7+#1*(&;(&#.,*(L8& ')%5%-',(&'1*.5'*+&2%&1"'&0(&')%5%-',(&01;+&!"6(-(?(,('&#."6%"1*1-1%&%0(%%8&a51-&)%5;-13&'1F%"0&.&
K%)*(51-&#(,(@,'-&"1&()*(&0(#4*&1"&*,'")-'*.,3&1"&,(-(13&.&-(?+*1,+&!"*,(&-15('&7%F%#+&2%&);%,%*8&S-&)(& %0((&".1+3&.&!")#,%(&0(.#'50'*+&!"&5(5.,%'&)'3&0',&"(!"6(-(?4"01:%&)(")1-3&"1&.&;.'*(&5(5.,'3&.&
0%)*,1?(&2%&)(&,(7'#(&F%-"%#8 1%*+&,(;(0(8&a51-&#',(&;.)(0+&'#()*(&%0(%&0%"&*,(#1*3&')%5%-%"01:-(&!"6(-()1-3&-(&/'&,(5(5.,'&7.',*(
UYV >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',%( ?271"%#+,%&5%"& UYW
?(,

12.,&!"*,:.&'-*+&/%'6+&#4"0&/'&!"*4-"%&0%"&".1&'#(-('2%&%0(%8&C();,(&1"&')(5("('&.5&)(&/'&);1"(&#+& !"'%"*4"0&!"&/4,)*+3&/.%3&.'5("%&*,1;(2*%3&/+&5.-(2%6%Q&/+&!"#(*%"%6%&!"&*.'*(&'#*(-(&/.')*,(3&;("*,1&
',(&.&5(5.,%(&7(".5("'-+3&)'1&#+&5(5.,('F+&#1&7.',*(&5',(&121,%"6+8&S-&0(&7';*&"1&5'%&!",(?%)*,('F+& #+&;%(,0(6%&0%"&("(,?%%-(&(-(#*,%#(&'-(&*,1;1-1%&2%&#.,;1-1%&/%*'-8&S-(#*,%#%*'*('&=.'#+&1"&5',(&,.-&!"&
"%5%#3&#%&0.',&;1"(&!"&/%@,'6%(&#(('&#(&):'&!"*%;+,%*&2%&,(*%;+,%*&0(&51-*(&.,%3&!"&"("15+,'*(&'-*(&/%(6%8 .;(,(-(&#(,(2*%8&!"#+&":'6%&'=1")&)+&2*%6%&)+&.&!"*,(@1%"6'6%&;("*,1&!"*+,%,('&*,1;1-1%&/.)*,18&['&).)%&
/,(5('&#4"0&51-*(&)-+@%#%1"%3&@'&#$%',&5'-'0%%3&/.,&7%&/%"0(#'*(&#1&7-1%0(&5'?"(*%#(&2%&5'%&'-()&
,$'''2"""$
(-(#*,%#(8&R"&5(0%#%"'&/%%*.',(&)(&/.,&#,('&0%7(,%*(&';','*(3&#1&'=1*.,1-&#+,.,'&.51-&)-+@+".?&)(&/'&
!"*+,%&;,%"&#1,("6%&(-(#*,%#%8
K#4"*(%'&0%/%"+&()*(&0(.)(@%*&0(&5%#+&2%&)1@*%-+8&!"&=1,1-&(%&(L%)*+&.&5%#+&;(-%#1-+&0(&5'*(,%(& R'*+3&'5&7+#1*&.&;,(F%#(,(3&0(2%&1"%%&)'/'"6%&'7%,5+&#+&".%3&01$1,%-(3&"1&7'#(5&;,(F%#(,%&,(7(,%*.',(&
(*(,%#+3&"15%*+&!"0(8%3&7(72,%'89&I#()*&!"/(-%2&5(5.,%'-&()*(&2%&(-&7.',*(&,(01)3&7.',*(&5%#3&0',&#1& -'&%"/("6%%&2*%%"6%7%#(8&J.%&'5&#.51"%#'*&.'5("%-.,&*,1;(2*%&0();,(&51-*(&%"/("6%%&2%&0()#.;(,%,%&'-(&
*.'*(&'#()*('3&):'1&!")#,%)&!"&(-3&)1@&7.,5+&0(&)(5"(&)'1&)%5@.-1,%&%"7%"%*&0(&5%#,.)#.;%#(3&*.'*(& /%%*.,1-1%3&0',&'#()*(&#.51"%#+,%&):'1&;%(,01*&)'1&"1&'1&7.)*&-1'*(&!"&)(,%.)8&9.'*(&'#(')*+&;,(F%#(,(&'&
#1".2*%"6(-(&'#151-'*(&0(&-'&"'2*(,('&01$1-1%&2%&;4"+&'#158&!"&!"/(-%21-&5(5.,%'-&)(&/'&!")#,%(&*.*& 5('&)(&/'&,(6%"(3&2%&!"*,:.&F%&2*%%"6'&5(0%#'-+&.&/'&01#(&;(&7+?'21-&)+1&7%,()#3&0(&'&*,'*'&5'-'0%%-(&;(&
#(&/'&5'%&'7-'&01$1-&!"&/(2"%#%'&/%%*.',(8 #'-( & 7-1%0%#+3 & ;("*,1 & #+ & *,1;1- & .51-1% & ;,%" & #."#("*,',(' & 7-1%0(-., & ):' & "+)#1* & 2% & ;,%" & #.,1;(,('&
R"&'#(')*+&1,%'2+&',$%/+&()*(&!")#,%)&2%&;-'"1-&#.")*,1#6%(%&".1-1%&*,1;3&!"&#',(&01$1-&*,(@1%(&)+&)(& 7-1%01-1%&):'&!5@.-"+/%*8
!"*,1;(F(8&H."7.,5&'#()*1%&;-'"3&01$1-&:&0',&5'%&'-()&5()'?(,%%&#(,(2*%&!"*,1;+*.,%&:&-1#,('F+&')1;,'&
7(*1)1-1%&0%"&;4"*(#(-(&5'5(%3&7.,54"0&*,1;1-&".1-1%&#.;%-&#(&)(&/'&"'2*(&;("*,1&'&0()7+21,'&0()*%"1-&
01$1-1%&!"&'#(')*+&".1+&!"*,1;',(8
J1&5:'&!"*,(@'*&"%5("%3&0',&):',&;1*('&#'&#%"(/'3&#%*%"0&;,%"&F%',(&#+&.&7(5(%(&'&"+)#1*&1"& / I+@+*)'+),(#).&/#'&)6&)+.,&*&)&/-*+?#&#)$(*&
5.")*,1&:&#(&;',(&5'%&51-*&'"%5'-&0(#4*&.5&:&)+&)(&!"*,(@(A&BH(&):'&;(*,(#1*&'#.-.D&H15&)(&;.'*(&#'&
1" & .5 & )+ & "')#+ & 1" & '"%5'-DE & c+);1")1- & ()*( & 1,5+*.,1-8 & 9( & #4"0 & !"#(;1)( & .;(,'6%' & #.")*,1#6%(%&
7(*1)1-1%3&';',(&1"&01$&'"%5'-3&#',(&!"-+*1,+&;,%"&@,1*'-%*'*('&)'&.',@+&01$1-&15'"&2%&)(&-('?+&0(& U1-*(&'0(/+,1,%& '5& );1)& 2%& /.5& 5'%& );1"(& .5("%,%%& !"*,1;'*(8& a5& '5& 7.)*& ;(& ;+54"*& 2%& .5&
(5@,%."1-&0%"&;4"*(#(-(&5'5(%8&H."7.,5&#-%2((-.,&)'-(&5(5.,%'-(3&#.,;1-&(5@,%."1-1%&):'&0(F/.-*'*& )1"*&2%&'%#%&!"&H(,1,%8&U'%&(L'#*&'2&;1*('&);1"(&#+&'5&7.)*&5%%&0(&.'5("%&*,1;(2*%8&o,'6%%&5(%&5'%&
!"&5.0&'1*.5'*&2%&'&,(;,.01)&7.)*1-&)+1&*,1;&'"%5'-3&-'&#',(&):'&'0+1?'*&'1*.5'*%)51-&(*(,%#&'-& 5',%&'1&,(;,(F("*'*&5%-%.'"(&0(&.'5("%&*,1;(2*%&'%#%&2%&;(&51-*(&;-'"(*(&;(&1"0(&'1&*,(#1*8
5'5(%&15'"(&2%&')*7(-&('&/'&"'2*(&.&7.,5+&$%@,%0+3&5.")*,1.')+3&#',(&!")+&"1&/'&*,+%8 J1&!"&*.'*(&*%5;1,%-(&.51-&0(&;(&;+54"*&'&'/1*&%"*(-%?("6'&2%&7.,5'&'#*1'-+8&I&7.)*&.&/,(5(&
SL%)*+&#'F1,%&#4"0&*,1;1-&".1-1%&7(*1)&',(&!"&-%"%%&?("(,'-(&7.,5'&15'"+3&2%&#1&*.'*(&'#()*('&(-& #4"03&0(2%&.51-&(L%)*'&#'&7.,5+&(L*(,%.',+3&(-&"1&'/('&!"&(-&1"&01$&15'"3&#%&1"1-&0(&'"%5'-&)1;(,%.,8&
()*(&'".,5'-3&0%7(,%*&*%;1-1%&15'"&0(&;(&'#(')*+&;-'"(*+3&0',&#."*,',&;,%51-1%&#'F&(-&/'&*,+%&51-*+& I*1"#%&(L%)*'1&0.1+&-15%&)(;','*(A&1"'&=.)&:&276'"%7'8/&2%&'-*'&)1)&:&51$&17'"/&#',(&"1&7+#1)(&!"#+&
/,(5(8&!"&'#()*&#'F&1"&01$&)(5%:.53&,+*+#%*&;,%"&;-'"(*'&".')*,+3&!"&%?".,'"6'&)'&'&0'*&@1F"'&2%&):'& "%#%&.&!"*,1;',(&!"&7.,5'&.58
!"*,1;'*&!"*,:.&7(5(%(&';',6%"+*.',(&7.,5(-.,&;,.;,%%&'-(&9+54"*1-1%8&S-&',(&7.,5'&15'"+&';',6%"+*.',(& I&/("%*&*%5;1-&#4"0&*,1;1-&15'"&'&'=1")&-'&1"&')(5("('&?,'0&0(&(/.-16%(3&!"#4*&'&;(,5%)&)+&)(&
1"(%&'-*(&;-'"(*(3&%"7(,%.',(&;-'"(*(%&".')*,(8 !"*,1;(F(&!":(-&2%&01$1-&0(&.58&C(&'*1"#%&):'1&7.,5'*&0.1+&-15%&!"*,:1"'3&F%1'&-15('&);%,%*1'-+&7%%"0&
C.'5"(3&5',(&()*(&-15('&P'&2%&51-*(&5'%&'/(5&0(&'7-'*&;,%"&('M )1)&%',&#('&!"*,1;'*+&=.)3 &%',&".';*('& '5@(-(&-15%&:&'&01$1,%-.,&-%@(,(&2%& '&#(-.,& !"*,1;'*(& :&)(&
'5()*(#+&2%&)(&#."71"0+&)1)3&/%'6'&1"(%'&"(;1*4"0&#."*%"1'&7+,+&);,%=%"1-&#(-(%-'-*(8
ED)))))''''E# J.%3&#(%&0(&)1)3&/+&$,+"%5&*.'*+&F%1'&#1&%0(%-(&".')*,(&#,('*.',(&2%&#."01#+*.',(8&I)*7(-&'1&*,(#1*&
5%-%.'"(&0(&'"%&0(&#4"0&/.%&)1"*(6%&)1;,'/(?$('6%&2%&#."012%&0(&".%8&9,%"&1,5',(3&".%&)1"*(5&1"&7(-&
I2':%3&7,'*(3&#+&)1"*&7,15.')(&#.51"%#+,%-(&".')*,(D&C'#+&'%&*,+%&.&5%(&0(&'"%3&".%&6%:'5&;./()*%& 0(&)*+;4"%&'%&'#6%1"%-.,&/.')*,(&0%"&*%5;1-&F%-(%8
0%"&#1".2*%"6(-(&".')*,(&!"&7%(#',(&F%&2%&*.*&"1&-(:'5&;1*('&%);,+/%8&R'*+&!6%&#.51"%#&0%"&".1&#4*(/'& C',&/(6%&);1"(A&BC'#+&(&'2'3&'*1"#%&#15&,+54"(&#1&-%@(,1-&5(1&',@%*,1D&U'%&(L%)*+&(-DE&C'3&
#,45;(%(&0(&%0(%8 (L%)*+3&;("*,1&#+&(1&"1&*(&%'1&0(&54"+&2%&*(&!5;%"?&)+&7'#%&)'1&"1&#(/'3&#%&!6%&0'1&"15'%&1"&!"0(5"3&
J.%3&01$1,%-(3&-1#,+5&#4"0&)1)3&#4"0&=.)&:&#'&.'5("%3&-'&*,'")7.,5',('&/%(6%%&).#%'-(&'&.5("%,%%& %',&*1&;,%"&=10(#'*'&*'&(2*%&-%@(,&)+&'05%6%&)'1&"1&!"0(5"1-&5(18
'#()*1%&;+54"*8&H4"0&*1&2%&'-6%%&)1"*(6%&=.)3&/+&!"0,15+5&".%8&H4"0&/.5&#.@.,!3&"(&/(6%&#.51"%#'& R"&1"%/(,)&*.*1-&5(,?(&#1&.&(L'#*%*'*(&5'*(5'*%#+8&U%#%-(&'@'*(,%&"1&;,(=10%#%'F+&5',(-1%&;-'"&'-&
/.%3&7%%"0&'*1"#%&01$1,%&-%@(,(&;,%"&);'6%18&G(?('&).-%0',%*+6%%&"(&0%#*('F+&)+&"(&'=1*+5&,(#%;,.#8 (/.-16%(%&-15%-.,8&!"&-%"%%&5',%3&7%(#',(&%"0%/%0&',(&*,')'*&0%"'%"*(&;-'"1-&)+18&o%(#',(&;-'"(*+&!2%&',(&2%&
S&7.',*(&12.,&2%&@%"(&#4"0&'%&0(:'&7'#(&#1&(?'-%&0(:'%&*+%3&0',&#(&7'#(5&#4"0&'/(5&0(&,%0%#'*&#4*( ('&(*';(-(&(%3&;,%"&#',(&/'&*,(#(&!"&/%%*.,8
1"&;%(*,.%&0(&7,'*(&"(!"6(-(?+*.,D&S)*(&#'&2%&#15&*13&*4"+,&2%&);,%"*("3&'%&/,('&)+&1,#%&;4"+&-'&/4,71- J.%3&#',(&'5&)*10%'*&*,(#1*1-&9+54"*1-1%&2%&!%&#1".'2*(5&0,151-&/%%*.,3&'5&'7-'*&2%&0(&%)*.,%'&'-*.,&
1"1%&51"*(&!5;,(1"+&#1&1"&@+*,4"&"(;1*%"#%.)&#',(&'@%'&!2%&*4,+2*(&;%#%.,1-8&C(&51-*&'%&7%&'=1")&)1)3 ;-'"(*(&'-(&)%)*(51-1%&".)*,18&R'*+3&0(&(L(5;-13&'5&'7-'*&0();,(&*,(#1*1-&2%&;,(F("*1-&;-'"(*(%&U',*(8&
0',&"(/.%'21-&*(:'&,(6%"1*&2%&!"*4,F%'*8 3 SL'5%"4"0&.51-3&'"%5'-(-(3&;-'"*(-(3&!"*,('?'&/%'6+&'&'#(-(%&;-'"(*(3&'5&'=1")&-'&#."#-1F%'&#+3&0%"&
H4"0&'5&/("%*&;(&9+54"*3&'5&7.)*&1"&#4,0&0(&#4*(/'&5%-%',0(&0(&01$1,%8&I#(')*+&-(?%1"(&0(& ;1"#*&0(&/(0(,(&(/.-1*%/3&('&()*(&#1&1"&?,'0&5'%&)1)&0(#4*&9+54"*1-8&SL%)*+&'-*(&;-'"(*(&:[("1)3&
);%,%*(3&'01)+&'%#%&;("*,1&'&"(&7'#(&)*'?%1-&(/.-1*%/&'-&'#()*(%&;-'"(*(3&#1;,%"0(&.&)(,%(&0(&?,'0(&0(& x1;%*(,&:&'7-'*(&#1&0.1+3&*,(%&?,'0(&5'%&)1)8&H15&;-'"1-&0(&(/.-16%(&'-&;-'"(*(-.,&()*(&1"1-&2%&'#(-'2%3&
01$1,%8&T"(-(&0%"&(-(&'1&7.)*&5'%&/,(0"%#(3&*(,5%"4"01:2%&!"'%"*(&0(&%Q&*%5;&2#.'-'8&I-*(-(3&5'%& ,(F1-*+&#+&!"&#1,)1-&(L%)*("6(%&-.,3&0(&-'&.,%?%"(&2%&;4"+&!"&(*';'&7%"'-+3&*.'*(&;-'"(*(-(&/.,&*,(#(3&,4"0&
"(/.%'2(3&'1&,+5')&51-*&!"&1,5+&#1&'/'")',('&2%&#1".2*%"6(-(&-.,8&K1"*&7,'6%&0(:'%&".2*,%3&2%&*,(@1%(& ;(&,4"03&;,%"&'#(-('2%&7.,5(&(/.-1*%/(8
!"?$%."*%6%3&)%-%6%&)+&)(&?,+@(')#+3&;("*,1&'&"1&!"*4,F%'&2(0(,('&".')*,+&'%#%8&C'#+&',&7%&/.,@'&0(&#4*(/'& H1".)#4"0&'#()*&'0(/+,3&;1*(5&);1"(&#'&9+54"*1-3&!"&(/.-16%'&)'3&'&'=1")&!"*,:.&'"15%*+&7'F+&
)1*(&0(&'"%3&":',&7%&"%5%#3&0',&;.*&)+&"(&!"*4,F%(&5%%&0(&'"%8 0%"&*,(#1*1-&;-'"(*(%&U',*(8&K+&"1&/+&54$"%6%3&0',&".%&)1"*(5&!"&1,5+&7'6+&0(&U',*(&#1&#4*(/'&
o,'6%%&'/'")'6%3&#(%&5'%&@+*,4"%&'%&?,1;1-1%&!%&'=1*+&#4*&;.*3&0',&0'#+&)1"*&-("(2%3&#(&*(&7'#%&#1&(%D& 5%-%.'"(&0(&'"%&(/.-1*%/%8&9,%"&1,5',(&#(('&#(&/(0(5&:&#1&.#$%%&);%,%*1-1%&:&#+&(L%)*+&'#15&'#.-.3&
I,&7%&)+:%&;+,+)(2*%3&0',&"1&6%:.&;(,5%*(&-(?('&P'*+-1%&:&-(?('&%1@%,%%3&'&).-%0',%*+6%%8&I*1"#%&@+*,4"%%&2%& /'87%&2%&-'&".%3&;()*(&#4*(/'&5%-%.'"(&0(&'"%8
'/'")'6%% & )( & )'#,%7%#+ & ;("*,1 & #(% & "(;1*%"#%.2% & 2% & ;-('#+ & #1 & (% & 0( & ;( & '#(')*+ & ;-'"(*+3 & ;( & . & '-*'& I7-'6%&#+&5',6%("%%&2*%1&0(&(L%)*("6'&".')*,+&;(&9+54"*8&S%&'1&';','*(&#1&#',(&"(&/+0&?-.@1-&2%&
%"7(,%.',+3&#1&7-1%0(&2%&5'%&?,.).-'"(&2%&5'%&@%#%1%*.',(&0(#4*&#(-(&*(,()*,(3&#',(&)+&-1#,(F(&')1;,'& /%'6'&.5("(')#+&0(&'%#%8&G15('&7%F%#+&0(&'#.-.&()*(&!"&;.)()%'&';','*(-.,&;,%"&#',(&/+0&-15('&-.,&
01$1-1%&-("(23&;4"+&!-&7'#&2%&;(&(-&'#*%/&2%&'*("*8&K.)%6%&;(&'#(')*+&".1+&;-'"(*+3&)(&!"*,1;('F+&5'%&!"*4%& );%,%*1'-+3&2%&'1&'-*(&';','*(&;,%"&#',(&!"*,(6%"&#."/(,)'6%%&#1&(%8&C1$1,%-(&5',6%("(&"(&/%F%*('F+3&%',&*'&
7,1"*'2%%3&;("*,1&'&)(&%5;1"(&@+2*%"'2%-.,&;,%"&#1-*1,'&2%&#."01%*'&-.,8&C1;+&#(&'1&;,(?+*%*&*(,("1-3&)(& !"*.',#(,( & #.51"%#+ & .'5("%-., & 0( & '#.-. & *.* & #( & ()*( & -' & ".%8 & K1;(,%.,%*'*(' & -., & )( & ','*+ & !" & *.'*(&
!"*.,#&!"&H(,1-&'#(-(%&;-'"(*(3&*,%5%64"0&,4"0&;(&,4"0&-'&!"*,1;',(&2%&;(&#(%&!"*4,F%'6%8&[.,&(/.-1'&;,%"& 0%,(#6%%-(<8
)17(,%"6+&2%&';.%&)(&!"*.,#&-'&5',(-(&?,1;&0(&;(&;-'"(*'&0(&1"0(&'1&;-(#'*8
R'*+&:&'#15&2%&'%#%3&;(&9+54"*3&;',*%01-&".)*,1&',(&!"*4,F%'6%%&)+%8&H'&)+:%&)#.'*(5&0%"&*.,.;('-+3&
!"'%"*(&0(&':%&*,%5%*(&=.)&-'&!"*,1;',(3&!%&,%0%#+5&)1)3&)1)&0(&*.*3&!"&"%/(-(-(&".')*,(3&1"0(&!%&!"#+,#+5&
#1&.&@1"+&#'"*%*'*(&0(&7-1%0&).-',&2%&;-'"(*',8&I)*7(-&(-(#*,%F'6%3&?'-/'"%F'6%3&!%&#.@.,45&;("*,1&'&!"/+6'&
Z&p%"(!"6(-()&#+&'#()*(&7.,5(&0(&/%'6+&0(&;(&'-*(&;-'"(*(&)1"*&%5;(,#(;*%@%-(&.,?'"(-.,&0(&)%56&'-(&.51-1%&!"*,1;'*&;(&;+54"*Q&Z',&!"&
!"&#-')'&!"&#',(&41&*.*&,+5')&,(;(*("6%8 #(('&#(&;,%/(2*(&';','*(-(&-.,3&"1&*,(@1%(&)+&"(&?4"0%5&-'&1"&)%)*(5&0(&;%()(&(-(#*,."%#(&')(5+"+*.',(&#(-.,&*(,()*,(8
UYX >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"& UYY
?(,

9-'"1-&0%/%"1-1%&H,('*.,&7%%"0&1"%#3&(/.-16%'&;-'"(*',+&1,54"0&'#(-'2%&0,153&!")('5"+&#+&#(('& P,(#1*1-&2%&/%%*.,1-
#(&):'&,('-%F'*&;(&U',*(&)(&/'8&,('-%F'&2%&;(&9+54"*3&;()*(&5%-%.'"(&0(&'"%8&a,%#(&):',&;(*,(#(&; (&
)1;,'7'6'&1"(%&;-'"(*(3&.5("%,('&!2%&1,5('F+&(/.-16%'&:&5'%&!"#(*&)'1&5'%&?,+@%*8&U%#%-(&!"*4,F%(,%&
)'1&'@'*(,%&"1&;.*&)#$%5@'&;-'"1-&)*'@%-%*&0(&C%/%"%*'*(8&S)*(&@%"(&#'&(13&%"0%/%03&)+&5+&?,+@()#&#1& U+&!"*,(@%3&0,'?1-&5(1&7,'*(3&0'#+&H$',-()&c%#$(*&'7%,5+&1"&'0(/+,3&'*1"#%&#4"03&!"&-1#,',('&)'&
2#.'-' & 5(' & ;-'"(*',+3 & 0', & "1 & ( & "%#% & 1" & ;(,%#.- & ;("*,1 & ;-'"(*' & '#(')*' & 0'#+ & 5+ & '@'* & 0%" & #'-('& B9,(F%#(,('E3&);1"(&#+&(L%)*("6'&01$1-1%&()*(&*,')'*+&0(&-'&!"#(;1*3&'0%#+&*,(#1*1-3&;,(F("*1-&0(&.&
0()*%"1-1%&5(18&H(('&#(&":'5&7+#1*&'#153&/'&*,(@1%&)+&7'#&5'%&*4,F%18&I#()*(&'@'*(,%&)1"*&;(,5%)(& #-%;+&2%&/%%*.,1-&"()74,2%*&)1"*&.,4"01%*(&0(&5'%&!"'%"*(8
;("*,1&#+3&-'&1,5'&1,5(%3&;-'"1-&"1&',(&*(,5("8&R5;.,*'"*&()*(&#'&(-&)+&7%(&!"0(;-%"%*8&9("*,1&".%3& R'*+&1"&)1@%(#*&0(&.&7.',*(&5',(&%5;.,*'"6+3&#',(&!"&71"#6%(&0(&-.#1-&1"0(&()*(&(L'5%"'*&;,%5(2*(&
01$1,%-(3&".6%1"('&0(&*%5;&"1&(L%)*+3&')*7(-&#+&"(&;1*(5&'54"'&'"15%*(&)*10%%3&7+#4"0&'-*(&(L;(,%("6(e& 0.1+&%"*(,;,(*+,%8&!"*,:'0(/+,3&0'#+&()*(&(L'5%"'*&0(&1"&.5&*,1;()#3&(-&%'&1"&'"15%*&');(#*3&0'#+&()*(&
#',(&!"&0(7%"%*%/&)1"*&*.*&!"&-(?+*1,+&#1&(/.-16%'&5('&2%&'&#(-.,&0%"&=1,1-&5(18 (L'5%"'*&0(&".%3&#(%&0(&0%"#.-.&2%&'"15(&0(&1"&);%,%*&)1;(,%.,3&(-&)(&;,(F%"*+&)1@&1"&'-*&');(#*8&
H4"0&;-'"(*'&U',*(&'&'=1")&-'&.&7.,5+&0(&/%'6+&15'"+&@'F'*+&;(&'=1*.,&,(#%;,.#3&1"&7(-&0(& o%(#',(&0%"&#(%&0.%&(L'5%"'*.,%&'1&0,(;*'*(3&0%"&#'1F'&)%*1'6%(%&!"&#',(&)(&'7-+8
).#%'-%)5&7(,%#%*3&';-%#'*&!"*,(&(%&2%&0(&;,%5%%&".2*,%&#,(2*%"%3&-15('&7%F%#+&'&#1".)#1*&;(,7(#*&-15('& K+&/(0(5&0'#+&!"&-15('&".')*,+3&'&01$1,%-.,3&(L%)*+&*%5;8&!"&'#()*&)#.;&)1"*&)%-%*&)+&/+&);1"&#+&
#(,(')#+&2%&'&%"*,'*&!"&-(?+*1,+&;(,5'"("*+&#1&('8&9+54"*1-&)(&!"0,(';*+&'#15&#+*,(&'#('&(*';+& -15(' & 01$1,%-., & '#()*1% & ?-.@ & )( & !5;',*( & !" & *,(% & #'*(?.,%%A &51$1,%8( & 17'"%M'*(/ & ')*,'8%M'*( &2%&
5',6%'"+ & 0( & /%'6+ & ).#%'-%)*+8 & K( & /., & ;(*,(#( & ;( & )1;,'7'6' & ;+54"*1-1% & 5',% & 7,+54"*+,% & .5("(2*%3& 5%0%"%M'*(9&S-(&)(&0(.)(@()#&;,%"&(/.-16%'&-.,3&2%&0(#%&;,%"&7(-1-&0(&'&?4"0%&2%&/(0('&-1#,1,%-(8
'01#4"0&.&".1+&7.,5+&0(&/%'6+&%"0%/%01-1%&2%&)*'*1-1%3&%',&#."#.5%*("*&'#()*.,&".%&7.,5(&0(&(L%)*("6+& G15(' & 0%/%"%F'*+ & ()*( & ;.)().',(' & ,(?1-%-., & 0(& #."01#(,( & '-( & 9+54"*1-1%8 & G15(' & ')*,'-%F'*+&
15'"+3 & .5("%,(' & *,1;(')#+ & /'& %"*,' & !"*,:. & -(?+*1,+ & 5'% & -',?+ & #1 & -15(' & );%,%*1'-+ & )'1 & #(,(')#+8& #1;,%"0(&#."01#+*.,%%&0(&*.*&7(-1-&'%&;.;.',(-.,&0(&;(&)1;,'7'6'&;+54"*1-1%3&%',&)1@&(%&)(&'7-+&-15('&
I*1"#%&.51-&/'&7%&5(,(1&)7+*1%*3&/%'6'&)'&5.,'-+&/'&7%&51-*&)#$%5@'*+3&2%&#'&1,5',(&/'&*,+%&#."7.,5& 01$1,%-.,&15'"%F'*(3&*.*&#(&(L%)*+&#'&01$&15'"&;(&'#()*&?-.@3&!"&H(,&2%&;(&;+54"*8
-(?%-.,&0%/%"(8 G15('&15'"%F'*+&2%&')*,'-%F'*+&:&'/4"0&)*,4")(&,';.,*1,%&2%&%"*(,()(&#1&-15('&*,1;(')#+&2%&#1&
@1"1,%-(&5'*(,%'-(&'-(&'#()*1%&;+54"*&:&"1&;.'*(&/(0('&0(#4*&;,%"&;,%)5'&'#()*.,&%"*(,()(3&'&#.")*%*16%(%&
$ $ $ #.,;1,%-.,&)'-(&2%&'&5("*'-%*+6%%&!"#+&!"&#1,)&0(&(/.-16%(8&C%"&'#(')*+&#'1F+3&;("*,1&-15('&15'"%F'*+&
2%&')*,'-%F'*+&(L%)*+&".6%1"('&0(&*%5;3&(L%)*+&1"&*,(#1*&:&;,%"&#',(&'&/%(61%*3&2%&(L%)*+&1"&/%%*.,&:&;(&#',(&
I#15&:&01;+&#(&5%:'5&0(;+"'*&%0(%-(&#1&#',(&'5&/("%*&:&'5&)+&,+);1"0&-'&;,.@-(5'&#(&/+0&#+&*(& !-&'2*(';*+3&0',&"1:<&#1".'2*(8
7,+54"*+3&2%&'"15(3&1,5+*.',('&'7%,5'6%(&'&1".,&'1*.,%&*(.).7%A&BC'#+&!"&(L%)*("6(-(&)'-(&*,1;(2*%& K%*1'6%'&)( &)#$%5@+& -'& 01$1-&)1;(,%.,8 &9("*,1& 1" &01$& 0%/%"%F'*& "1 &5'%& (L%)*+& 0(#4*& 1" &/')*&
01$1-&15'"&?,(2(2*(&5(,(13&2%&0%"&#(&!"&#(&5'%&,+13&!"&/%%*.,&(-&)(&/'&!"*,1;'&!"*,:1"&'"%5'-8&C'#+& 4,(M("*/&0(.',(#(&0(6%"(&;1*(,('&'"'-%F(%&2%&'&/(0(,%%&!"&*,(#1*&2%&/%%*.,3&0(&;',#+&',&7%&0(&7'6+8
;,%"*,:.&)(,%(&0(&/%(6%&0(".*+&"15'%&,+1*'*(&2%&;,%"&7',5(#(&'&1#%)&*.*1-&!"&=1,1-&)+1&:&.53&'"%5'-3& S&?,(1&;("*,1&.51-&*,1;()#&)+&'05%*+&#."#(;6%'&".')*,+8&BH15&"1&5'%&(L%)*+&*%5;D&:&/'&);1"(&(-&:&
#1-*1,+&(*#3&'*1"#%&(-&)(&/'&!"*,1;'&!"*,:.&;-'"*+&2%&#$%',&!"*,:.&;%'*,+E8 *.*&#(&):'&!"*45;-'*&%(,%3&!"&1,5+&#1&F(#(3&.&)1*+3&.&5%(&0(&'"%3&"1&()*(&1"&*,(#1*D&P.*&#(&/'&1,5'&0(&
C,'?+&7,'*(3&/%&):'&);1)&!"*.*0('1"'&#+&*.*&#(&/(6%&#%*%&#'&/("%"0&0%"&-15('&".')*,+&)+&-(&*,(#(6%&#1& '#15&!"'%"*(3&*.*&#(&"1&):'&!"*45;-'*&!"#+3&"1&()*(&1"&/%%*.,D&I*1"#%&#15&"1&(L%)*+&*%5;DE&I)*7(-3&
0(:'5+"1"*1-&;,%"&#%1,1-& =10(#+6%%&/.')*,(8&I05%*(&=10(#'*'& /.')*,+&#'&)+& )(&;%',0+& #(('&#(&):'& 0,(;*'*('&()*(&0(&;',*('&.51-1%&!"*,1;'*3&;("*,1&#+&(-&"1&',(&;.)%@%-%*'*('&)+&=10(#(&'-*7(-3&!")+3&01$1-&
#42*%?'*&!"&5%-%',0(&0(&'"%&;,%"&)*10%13&51"#+&2%&)17(,%"6+D&I05%*(&=10(#'*'&/.')*,+&#'&0%/%"1-&P'*+3& )1;(,%.,&#.")%0(,+&*.'*(&'#()*(&".6%1"%&#'&7%%"0&%-1F%%3&,(F1-*'*1-&"(2*%%"6(%&2%&"(;1*%"6(%8&G.#1%"0&-'&.&
#',(&'&)*'@%-%*&5(,)1-&(/.-1*%/&0%"&#(&!"&#(&5'%&)1)3&)+&#."0'5"(&;(&1"&#.;%-&'-&K+1&)+&7'#+&0,151-& 5',(&0%)*'"6+&0(&)1;,'7'6'&;+54"*1-1%&2%&'/4"0&;.)%@%-%*'*('&)+&)*,+@'*+&);'6%%-(&;4"+&-'&;-'"(*(-(&
%"/(,)3&!"&,(?"1-&'"%5'-3&/(?(*'-&)'1&#$%',&5%"(,'-D '#()*1%&)%)*(5&2%&#$%',&;4"+&!"&#("*,1-&'#()*1%&)%)*(53&".6%1"('&0(&);'6%1&'&0.@4"0%*&;("*,1&(-&1"&'-*&
S)*(&'0(/+,'*&#+&.51-&(&)1;1)&?,(2(-%%8&K(&;.'*(&#'&1"&01$3&#4*&0(&)1;(,%.,3&!5@,+#4"0&$'%"'& !"6(-()&2%&.&'-*+&#."#(;6%(3&1"&.,%F."*&#1&51-*&5'%&/')*8&I;,(#%(,%-(&)'-(&')1;,'&".6%1"%%&);'6%1-1%&)1"*&
*,1;(')#+3&)+&?,(2(')#+3&)+&)(&!"2(-(Q&0',&"1&(&;.)%@%-&#'&01$1-&15'"&)+&,(/%"+&;(&1,5(-(&5%%-.,&0(& '-*(-(&0(#4*&'-(&.51-1%&*,1;()#8
)(#.-(&';1)(&2%&)+&5'%&'"%5(&.&@1,1%'"+&)'1&1"&'"%5'-&.',(#',(8&H'*(?.,%#&6%:.&);1"3&'#()*&7(".5("& 91*%"6'&01$1-1%&)1;(,%.,&0(&'&)*,+@'*(&#'&?4"01-&);'6%%-(&)%0(,'-(&0%)*,1?(&2%&".6%1"('&*%5;1-1%8&
"1&',(&-.#8&H4"0&1"&01$&%"7(,%.,3&!"*,1;'*3&?,(2(2*(&:&1,4"03&;,%?."%"03&)'1&1#%?4"0&:&(-&/'&7%&;(0(;)%*& C1$1-&7%%"0&"(51,%*.,3&',(&.&/(#$%5(&'*4*&0(&5',(3&!"#4*&)(&#."71"0+&#1&(*(,"%*'*('&7+,+&5',?%"%8&
#."7.,5&7';*(%&)'-(&2%&;.*,%/%*&?,'01-1%&)+1&(/.-1*%/8&a&'#(('2%&?,(2('-+&7+#1*+&0(&1"&01$&)1;(,%.,3& I*1"#%3&"((L%)*4"0&;,.;,%1:F%)&1"&*,(#1*&';,(#%'@%-3&"1&5'%&(L%)*+&*,(#1*8
!"*,1;'*3&/'&#4"*+,%&5'%&?,(1&!"&@'-'"6'&=10(#+6%%3&!"&7'6'&o.,1-1%&x10(#+*.,()#&0(&)1)8 a51-& *,1;()#3&'/4"0&.& (L%)*("6+&)#1,*+& 2%&.& 5(5.,%(&-%5%*'*+3& !2%& '5%"*(2*(& ;',6%'-&*,(#1*1-3&
!"&?("(,'-3&.&?,(2('-+&7%F%#+3&#1&(7(#*&')1;,'&*,1;1-1%3&',(&.&/'-.',(&5'%&5%#+&0(#4*&?,(2('-'& *%5;1-&;(&#4"0&(,'&*4"+,&)'1&#.;%-3&2%&0'#+&%&)(&','*+&.&7.*.?,'7%(&'&7%%"`(%&)'-(&0%"&/,(5('&#.;%-+,%(%3&
);%,%*1'-+3&#',(&'7(#*('F+&.&5')+&5',(&0(&.'5("%8&I)*7(-&7%-.).71-&?(,5'"&J%(*F)#$(3&;,%"&,+);4"0%,('& !2%&;.'*(&7'#(&.&".6%1"(&/'?+&')1;,'&1"1%&*,(#1*&5+,?%"%*8&C',&(13&01$3&!5%&'5%"*()#&*.*&*,(#1*1-&5(1&
%0(%-.,&)'-(&#."*,',(&-(?%-.,&0%/%"(3&'&%"7-1("6'*&51-6%&#%*%*.,%3&;,%5%"0&.&;(0(';)+&5'%&?,('&0(#4*&1"& #(&)(&;%(,0(&!"&#('6'&(*(,"%*+6%%8&S1&"1&5'%&'5&".6%1"('&*,(#1*1-1%3&;("*,1&5%"(&"1&5'%&(L%)*+&*,(#1*3&
#,%5%"'-3&5'%&'-()&#+&(,'&1"&01$&)1;(,%.,&!"&-15('&);'6%%-.,8 #%&1"&;,(F("*&#."*%"118
C'#+&*.*12%3&01;+&.&)(,%(&0(&/%(6%&?,(2%*(3&1,5'*(&0(&#."0'5"+,%-(&,();(#*%/(3&01$1-&;(,)%)*+&;(& I2'0',&(L%)*+&.&5',(&0(.)(@%,(&!"*,(&1"&01$&!"*,1;'*&2%&1"1-&-%@(,8&9,%51-&()*(&.,@&2%&.-.?3&'-&
'#(('2%&#'-(&!"*1"(#'*+&2%&"1&0+&)(5"(&0(&,(/("%,(3&(-&/'&7%&-1'*&2%&01)&;(&.&;-'"(*+&%"7(,%.',+&;-'"(*(%& 0.%-('&()*(&/+F+*.,&2%&#,('*.,8&C'#+&/,('1&)+:5%&'5%"*()#&#(/'&0%"&*,(#1*1-&5(1&*,+%*&'#15&Vq8qqq&0(&
".)*,(3&2%&!"*,1;'*&!"*,:.&7.,5+&15'"+&%"7(,%.',+8&S-&"1&;-('#+&)%"?1,&:&'5&5'%&);1):.&:&#%&!").6%*&0(& '"%&;,%"&9(,)%'&)'1&R"0%'3&!"&5.5("*1-&#4"0&5%:'5&;,.;1)&)+:5%&'5%"*()#&'#()*&*,(#1*&:&0(&"(#,(F1*&
*.'*(&01$1,%-(&#',(&-:'1&'=1*'*&!"&*%#+-.2%%-(&)'1&!"/+6+*1,%-(&)'-(&7'-)(8&I#153&7.)*1-&J%(*F)#$(&"1&5'%& ;("*,1&/.%3&.'5("%&-%;%6%&0(&;+54"*&:&(-&!5%&';',(&(L*(,%.,&7%%"6(%&5(-(3&0(7%-4"0&;,%"&7'6'&.#$%-.,&5(%&
;.'*(&?,(2%3&#+#%&)(&'7-+&;(&.&'-*+&;-'"(*+3&1"0(&%0(%-(&-1%&)1"*&#."7.,5(&5(0%1-1%&0(&'#.-.8 );%,%*1'-%&')(5("('&%5'?%"%%&1"1%&7%-58&I#(')*+&%5'?%"(&'&*,(#1*1-1%&()*(&'*4*&0(&@%"(&#."*1,'*+3&'*4*&
P.*&#(&'"?'=('F+&/%%*.,1-&2%&%"7-1("6('F+&51-6%5%-(&);,(&,(?,()3&()*(&).#.*%*&0,(;*&#('&5'%&5',(& 0( & ,(-%(7'*+3 & !"#4* & ;,%/%"0:.3 & 5% & )( & ;',( & #+ & *,+%()# & '#15 & !" & '#(- & *%5;3 & #+ & '#6%1"%-(3 & )#("(-( & 2%&
?,(2('-+&7'6+&0(&C%/%"%*'*(8&P'*+-&#(,()#&/,('n;,.?,()1-&#.;%%-.,&K+%&2%&0()#.;(,%,('&0(&#+*,(&'#(2*%'&'& (/("%5("*(-(&)(&;(*,(#&#$%',&!"&;,(F("*8
*'%"(-.,&K'-(3&'&'0(/+,1,%-.,&(*(,"(8&I&/("%&*13&.5&"().#.*%*3&',1"#4"0&!"&-15(&%0(%&7'-)(3&#,('*(&0(& [(0(6%&0(&#(&"1&/.,@%5&-15%%&*(,()*,(&0();,(&)*+,%-(&0(&-'&".%D&S-(&)(&0(.)(@()#&'*4*&0(&51-*&0(&
5%"*(' & *' & ,(01)+3 & !")('5"+ & )+ & ;1% & . & @',%(,+ & 5(,)1-1% & ;,.?,()%/ & '- & 5("*'-%*+6%% & 1"(% & ).#%(*+6%3& '-(&/.')*,(3&!"#4*&0()#,%%"01:-(3&/%&):',&;+,('&@')5(8&H4"0&#+1*'6%&)+&,+)#.-%6%&*,(#1*1-3&/%&)(&;',(&#+&!-&
!")('5"+&)+&*(&.;1%&-(?%-.,&)*'@%-%*(8 /(0(6%&#'&7%%"0&!"&%"*(,%.,1-&/.)*,18&J.%3&#4"0&#+1*+5&)+&,(*,+%5&'#()*&*,(#1*3&!-&/(0(5&-'&(L*(,%.,1-&
9,%"&1,5',(3& 01$1-&"(;,%#(;1*&2%&!"*1"(#'*&)( &/'&!"*,1;'&;,%"*,(&.'5("%&)(5%:'"%5'-(3& ;(& .& ".)*,1&2%&()*(&'*4*&0(&,('-3&!"#4*&1%*+5&#+&*,+%5&!"&'-*(&/('#1,%3&*,'");1"4"01:"(&#1&7%%"6'&".')*,+&
;-'"(*+ & %"7(,%.',+ & 9+54"*1-1%3 & 0', & "%#%.0'*+ & !"*,:1" & '"%5'- & 0( & ;( & ;-'"(*' & ".')*,+8 & H4* & ;,%/(2*(& #$%',&!"&'#(-&*,(#1*&0(/("%*&;,(F("*8&[(0(6%&#(&?,(1&"(&()*(&)+&5'%&#."#(;(5&*,(#1*1-D&P.*&'#()*&
!"*,1;',('&!"*,:.&;-'"*+&:&)'1&2%&5'%&,+13&!"*,:.&;%'*,+&:&"%#%&"1&;.'*(&7%&/.,@+8&I2'0',3&'7%,5'6%%-(&1".,& *,(#1*3&0(/("%*&;,(F("*3&!-&;.*&0()7+21,'&#'&'6'&0(&;(&1"&5.).,3&;4"+&!"&/('#1-&/('#1,%-.,3&5%-%',0(&0(&
'1*.,%&*(.).7%&"1&#.,();1"0&'0(/+,1-1%8 '"%3&;4"+&!"&#.;%-+,%'&5('&0(&01$8&[(2"%#&,(*,+%()#&*,(#1*1-&#'&7%%"0&1"&;,(F("*8
!"&!"#$(%(,(3&!6%&5'%&7'#&#1".)#1*&#+&!"&)%)*(51-&".)*,1&).-',&(L%)*+&;-'"(*(&5%#%3&!"&'7',+&0(&#(-(& C'#+&!"*,:.&.',(#',(&5+)1,+&5+&;1*(6%&1,5+,%&5("*'-&!"&(L;1"(,('&0();,(&*,(#1*3&';.%&"1&/+&5'%&
5',%&2%&#1".)#1*(3&1"0(&/%'6'&(&1"&/%)3&1"0(&*,1;1-&',(&.&#.")*%*16%(&0%7(,%*+&0(&#('&*(,()*,+3&%',& ;1*(6%&7'#(&"%#%&.&%0((&0();,(&.&'-*+&7'#1-*'*(&'&".')*,+3&'&01$1,%-.,&5'%&(/.-1'*(&:&'#(('&0(&'&/(0('3&
(/.-16%'&()*(&.&;-+#(,(8&J1&"(&,+54"(&0(#4*&)+&"(&)%-%5&)+&@%"(5(,%*+53&0(&-'&K*+;4"1-&'#()*1%& !"&-%"%%&5',%3&?("(,'-(3&*.*&/%%*.,1-&".)*,13&;4"+&!"&F+,%-(&0(;+,*'*(&'-(&/('#1,%-.,&#(&/.,&/("%8
)%)*(53&1"&;.;')&;(&.&')*7(-&0(&;-'"(*+3&;("*,1&.0%$"'&)17-(*1-1%&".)*,13&7+#4"0&1"&#%#-1&(/.-1*%/&;(& C1;+&#15&;,%"&/.%"6+&;.*&)+:5%&,(?,()(F&5(5.,%'&2%&)+&/+0&!"&*,(#1*3&*.*&')*7(-&;.*&)+:5%&!"0,(;*&
'#()*(&5%#%&,'%1,%&'-(&0%/%"1-1%&".)*,1&P'*+8 /.%"6'3&')1;,'&5(5.,%(%&5(-(3&#'&)+:5%&','*(&#(&!5%&,(F(,/+&/%%*.,1-8&C(='&/+0&"+)#4"01:)(&!"
UYZ ?271"%#+,%&5%"& UY[
>%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&:&F&521'&#',*( ?(,

5%"*('&/.')*,+&5%,',('&2%&!"*,(@',('A&BP,(#1*1-&'&7.)*&*,+%*3&(-&):'&%5;,%5'*&#1&*.'*(&;(,%;(6%%-(&-1%&!"& !1&/(0(,('&';+,+,%%&#.;%-1-1%&0(&;(,%#.-(-(&%/%*(&!"&(L%)*("6'&)'3&'&!"0(5"1-1%&-'&7';*(&@1"(3&);,(&
);%,%*3&0',&#(&5'%&;.6%&/(0('&!"&/%%*.,3&#4"0&'#()*&/%%*.,&"1&):'&0()7+21,'*&!"#+D&H(&'&;1*1*&)+&)(& @%"(-(&)+13&2%&;("*,1&'&.#.-%&;(&#(-(&,(-(3&);,(&'&"1&)(&"(".,.#%8&R"&)%*1'6%'&;+,%"*(-1%&*(,()*,1&)(&'7-+&
!")#,%( & !" & )1@)*'"6' & 5(5.,%(% & *'-(DE & c'6%."'5("*1- & ()*( & #.,(#*3 & 0', & .51- & "1 & #1".'2*( & .;(,(-(& 2%&/(?$(*.,1-&.51-1%8&a,%#(&!"0(5"&?,(2%*&)'1&!"&'7','&0()*%"1-1%&.#,.*%*1-1%&)+13&/'&7%&;-+*%*&0(&
H,('*.,1-1%8 /(?$(*.,&#1&'5',"%#(&)17(,%"6(8
I7-'6%&'#15&!"#+&.&*'%"+&'&-15%-.,&);'6%'-(8&>%"&4,%718&727("*/&?,('*2,18&'&!")#,%)&!"&7%"(/&' & H1 & '#(')*+ & .#'F%(3 & 6%" & )+ & '*,'? & '*("6%' & #+ & .51- & !"*,1;'* & !2% & /' & ;-+*% & ?,(2('-' & ;,.;.,6%."'- & #1&
41)&!"&7%"(&)1A&;2,7'&1"2,&)(7"(&"(4%(,%*2',(&-E"5%,('&:1%/&')(7("('&1"1%&4,2%(#*&#(&#14,%"5(& ?,'/%*'*('&(%3&0',&0'#+&01$1-&-%@(,&/'&?,(2%3&7+#4"0&'#*(&#."*,'&-(?%-.,&0%/%"(3&?,(2('-'&)'&/'&7%&#1&
*2*&0%%*2,18&7(1/&!"*,('-'&7('&(0281.%(/&5,1718&4(&#',(&!8&02%&4',#1,-(&3%&5()*%"'.%'&1"5(&02%&'G1"-(9 q%1-*&5'%&?,(1&;(0(;)%*+3&;("*,1&5.*%/1-&#+&(-&',(&.&#."2*%%"6+&5'%&-%@(,+&2%&()*(&5'%&@1"&#1".)#+*.,&
I2'0',&S-&'&)#,%)&#(/'&!"&5%"(&%',&(1&)#.*&-'&%/('-+&'#(-&#(/'3&0(;.F%*'*&'#.-.8&I)*7(-3&#4"0& '-&,(?1-%-.,&0(&#."01#(,(&'-(&-15%-.,&0(#4*&.51-&*,1;()#3&#',(&"1&2*%(&0(#4*&#(('&#(&!-&!"#."=.',+8&R'*+&
0.,()#3&';',&/(0(,%%&5(-(&#-%2((-(&N4"0%,%%&0%/%"(&,(7(,%*.',(&-'&/%%*.,1-&;(&#',(&!-&5'%&'5&0(&;',#1,)8& 1"&(L(5;-18&G(?%-(&5.,'-(&;+54"*(2*%&);1"&#+&"1:6%&()*(&;(,5%)&)+&%(%&7(5(%'&'-*1%'3&;("*,1&#+&)*,%#%&
I#()*(&#-%2((&5+&'@).,@&'*4*&0(&;1*(,"%#3&5+&%0("*%7%#&'*4*&0(&7%0(-&#1&(-(3&!"#4*&5+&/+0&'#*1'-5("*(& .&'-#+*1%,(&0%/%"+8&G(?%-(&5.,'-(&#(,(2*%&);1"A&S%#%&#1&-E"518&)+&"1&,E0"(3*%&8'&;(7(%'&'8*1%'&:&#+#%&
*,+%"0&!"&(-(3&!"&/%%*.,8&I*1"#%3&0,'?1-&5(13&5'%&(L%)*+&,('-5("*(3&!"&)(")1-&".)*,1&#(,()#3&1"&/%%*.,D .51-&?,(2(2*(&2%&#1&?4"01-3&01;+&#15&'&'7%,5'*&C.5"1-&".)*,1&R)1)&H$,%)*.)8
P,(#1*1-&!-&#1".)#3&"1&(L%)*+3&;,(F("*1-&()*(&#-%;'&#(&*.*&71?(&);,(&*,(#1*3&%',&/%%*.,1-&!5%&';',(& U.01-&#15&!6%&7.-.)(2*%&?4"0%,('3&#1?(*',('3&;.'*(&)+&*(&7(,%#(')#+&)'1&)+&*(&01#+&-'&)+/4,2%,('&
!"'%"*('&.#$%-.,8&S%3&'*1"#%&5'%&'5&(1&1"&*,(#1*3&1"&;,(F("*&2%&1"&/%%*.,D&J13&"1:<&5'%&'53&!"&)(")1-& 1"1%&;+#'*8&R0(('&',(&!"&)%"(&.&7.,6+&#.-.)'-+8&C(&7(-1-&#15&*(&/(%&)(,/%&0(&%0((&!"&,(-'6%'&#1&)(5("1-&
#."#(;6%%-.,&/.')*,(&*,1;(2*%3&*(,()*,(8&9("*,1&".%3&01$1,%-(&)1;(,%.',(3&(L%)*+&1"&/')*&;,(F("*3&%',&',%'& *+13&/(%&7%&1"&7(,%#%*&)'1&');,1&;(0(;)%*8&9,%"&#1/4"*1-&*+13&.51-(3&;.6%&0(/("%&2',;(-(&@%@-%#3&#+#%&;,%"&
'#()*1%&;,(F("*&2%&%"*(")%*'*('&#1&#',(&/%(61%5&'#()*&;,(F("*&#,(2*(&0%"&,'"?&!"&,'"?3&')*7(-&#+&;("*,1& %0(%-(&*'-(&;.6%&)+&'@'6%&;(&1"&.5&0%"&#'-('&0()*%"1-1%&)+18
5',%-(&o.,6(&#(&#."01#&1"%/(,)1,%-(&"1&5'%&(L%)*+&0(#4*&1"&4(,7'"("*&4,(M("*9 C'#+&1"&.5&()*(&,();.")'@%-&0(&5.01-&#15&)7+*1%(2*(&;(&1"&'-*1-3&'#(')*+&,();.")'@%-%*'*(&()*(&5'%&
I2'0',3&)1"*(5&#,('6%&#1&'#(')*+&7'#1-*'*(&'&,(;,(F("*+,%-.,&!")#,%)(&!"&7%%"6'&".')*,+8&H4"0&5+& ?,'/+ & #4"03 & ;,%" & )#,%) & )'1 & /.,@+3 & (- & 0(*(,5%"+ & 5'% & 51-6% & .'5("% & -' & 7';*( & #."*,' & -(?%-., & 0%/%"(8&
?4"0()#&-'&#(&'5&0(&7+#1*&!"&/%%*.,3&!5%&';',&:&!"&-%"%%&?("(,'-(&:&)*+,%-(&5(-(&/%%*.',(8&!"#(;&)+&/+0& I2'0',3&!"&-%"%%&?("(,'-(3&01$1-&',(&!")#,%)&!"&(-&0,151-&(/.-16%(%&)'-(3&0(&-'&#',(&)(&'@'*(&0(&51-*(&
/%%*.,1-&5'%&';,.;%'*3&';.%&;(&#(-&5'%&!"0(;+,*'*&2%&*.*&'2'&0%"&#(&!"&#(&5'%&!"0(;+,*'*8&C(&-'&.&/,(5(3& .,%3&;,%"&/.%"6'&)'3&;,%"&-%@(,*'*('&0(&'&$.*+,!8&9,%"&1,5',(3&()*(&"(/.%(&)+&)(&7'#+&#(/'&;("*,1&#'&
)%5*&.@.)('-+&01;+&#',(&)(&'2*(,"(&!"'%"*('&5('&.&#('6+&2%&!"#(*1-&#1&!"#(*1-&"1&5'%&/+0&"%5%#8&C%"& '#(')*+&-%@(,*'*(&)+:%&7%(&0%)#%;-%"'*+&2%&)+:2%&;1"+&/.%"6'&!"&=.#&"15'%&;("*,1&!5;-%"%,('&5%)%1"%%&)'-(8&
'#()* & 5.5("*3 & ;',#+ & 5+ & 0(2*(;* & 0%"*,:1" & /%) & 2%& 5+ & /+0 & %',+2% & !" & ;,(F("*3 & #1 & *.* & 5(0%1- & #( & 5+& !"&);,%=%"1-&1,5+,%,%%&'#()*(%&0%)#%;-%"(&/%"(&!"*,1;',('&#1&*1"%#'&(%&0(&-1*3&#',(&;,%"&)17(,%"6(3&';,%?(3&
!"#."=.',+8&G'&7(-&)(&;(*,(#(&2%&#1&*,(#1*1-8&[+0&/('#1,%&;()*(&/('#1,%3&5%%3&)1*(&0(&5%%&0(&'"%8&C(&-'&.& .,4"01%*(&2%&%"*("6%."'*&'-()(3&!"#./.'%(&*("0%"6'&0(&'@'*(,(&2%&%"7-1("6(-(&-+*1,'-"%#(8&C%"&!"*,1;',(&
/,(5(3&%5'?%"('&7%-51-1%&()*(&0%"&#(&!"&#(&5'%&2*(',)+3&;4"+&"1&)(&5'%&/(0(&"%5%#8 !"&!"*,1;',(3&7%%"0&#+-%*&5(,(1&-'&7.#1-&)17(,%"6(-.,3&[.%"6'&.51-1%&)(&0%)#%;-%"('F+&2%&0(&-'&.&/,(5(&/'&
C(&'%#%&0(01#(,('&#+&;,(F("*1-&5(1&:&#(&!5@,+6%2('F+&.&01,'*+&0(&*%5;&%"%5'?%"'@%-+&;("*,1&/.%& !"6(-(?(&#+&*,(@1%(&)+:2%&01#+&*,'%1-&'2'&#15&%:'&7.)*&*,')'*8
:&!"&0(7%"%*%/&()*(&5+,?%"%*3&#."7.,5&?,'01-1%&5(1&0(&(/.-16%(8&I#()*(&5',?%"%&)(&0(;+,*('F+&;(& [(?$(*.,1-&',(&)',#%"'&)+&.@)(,/(&0,151-&/%(6%%&*(,()*,(&'&;,.*(='*1-1%&)+13&#."7.,5&0()*%"1-1%&
5+)1,'&(/.-16%(%3&')*7(-&#+&;("*,1&?,'01-&5(1&'1&.&'"15%*+&-%5%*+3&;("*,1&!"?(,%%&;-'"(*',%&'#()*(& !")#,%)&!"'%"*(&0(&!"*,1;',('&)'8&K+&F%#(5&#+&!"&0()*%"1-&1"1%&.5&()*(&)#,%)&#'&(-&)+&)(&#+-1?+,(')#+8&
5',?%"%&)1"*&5'%&-',?%3&;("*,1&!"?(,%%&).-',%&2%&5'%&-',?%3&-+,?%"01:)(&5(,(13&0%"&?,'0&!"&?,'03&;4"+&-'& G'&*%5;1-&$.*+,4*&:&#."7.,5&0()*%"1-1%&:&/(?$(*.,1-&!-&!"0('5"+&)+&)(&#+-1?+,(')#+8&C',&.&;(,).'"+&
5',%% & H,('*.,% & 0%" & K7(,' & 0%/%"+8 &I2'0',3 & 5(5.,%' & ()*( & -%5%*'*+ & -' & ("*%*+6%-( & );%,%*1'-( & 5'% & ;16%"& .',(#',(3&'1F%"0&0(&$.*+,4,('&-1%3&)(&'5()*(#+&2%&)*+,1%"0&#1&',?15("*(&!-&0(*(,5%"+&)+&"1&7'#+&'#()*&
(/.-1'*(&2%&()*(&0%"&#(&!"&#(&5'%&(L*%")+&;(&5+)1,+&#(&1,#+5&*,(;*(-(&(/.-16%(%&);%,%*1'-(8 ;')3&'@+*4"01:<&0(&-'&%5;1-)1-&)+1&%"*(,"&0(&'&)(&#+-1?+,%8&!"&'#()*&#'F3&#(-&#',(&%"*(,/%"(&!2%&')15+&.&
H."#-1F%' & ()*( & 1,5+*.',('A & 7%%"0 & !" & #."0%6%% & 0%7(,%*( & 0( & '-( & ".')*,(3 & ()*( & %"(/%*'@%- & #' & .51-& 5',(&,();.")'@%-%*'*(3&0(.',(#(&'&#."*,%@1%*&-'&5.0%7%#',('&1"1%&0()*%"8&R0(%-(&1"1%&%,();.")'@%-&'1&
*,1;()#&)+&/'0+&-1#,1,%-(&'-*7(-&2%&)+&'%@+&#."#(;6%%&#1&*.*1-&0(.)(@%*(&0(&'-(&".')*,(8 !"*.,)&1"&.5&0%"&0,151-&;(&#',(&;.,"%)(8
9,%"&1,5',(3&;1*(5&?,(2%&!"&'-(?(,%-(&".')*,(3&2%&;1*(5&?,(2%&'#6%."4"0&;,%"&%0(%-(&".')*,(&')1;,'&
)(5("%-.,8

o%(#',(&.5&',(&1"&/(?$(*.,
[%)1-
a,%#(&.5&!"*,1;'*&',(&1"&);%,%*&/(?$(*.,&-4"?+&(-8&c.-1-&)+1&()*(&0(&':2%&#."01#(&;,.*(='*1-&-'&
!"0(;-%"%,('&0()*%"1-1%3&01;+&#15&()*(&!")#,%)&!"&$'%"'&)'&5(5.,%'-+8&C%/%"1-&H,('*.,&'&/.%*&#'&R13& C1;+&'#*1-&5.,6%%&2%&'-&,(!"*,1;+,%%3&/%)1-&()*(&7(".5("1-&#(-&5'%&%5;.,*'"*&0%"&/%'6'&.51-1%8&
.51-(3&)+:6%&1,5(F%&#'-('&#(&6%:'&!")#,%):.&0(&-'&#,(',('&*'3&;4"+&*(&/(%&!"*.',#(&0(&1"0(&'%&;-(#'*3&!")+& G15('&)'/'"*+&'&7+#1*&';(-&-'&7(-&0(&7(-&0(&%;.*(F(&;("*,1&':2%&(L;-%#'&'#()*&7(".5("3&0',&"1&'&;1*1*&
H,('*.,1-&'&0'*&#.;%-1-1%&K+1&#(('&#(&'&'/1*&2%&S-&:&8%A(,*'*('/&7'#1-*'*('&0(&'&/.%3&0(&'&)(&#."01#(&'2'& )+&)(&';,.;%(&"%#%&;(&0(;',*(&0(&'0(/+,'*1-&5(#'"%)5&'-&;,.01#(,%%&/%)1-1%3&!"*,1#4*&(-3&';',6%"4"0&
#15&%&)(&/'&;+,('&-1%&#+&()*(&5'%&@%"(3&0',&;1"4"01:%&!"&7'6+&-(?%-(&K'-(3&;(&#',(&#+-#4"01:-(3&/'&)17(,%& -15%%&7-1%0%#(3&(&%5;.)%@%-&0(&#1".)#1*&;(&#'-(&7%F%#+8
2%&!2%&/'&0'&)('5'&#+&'&?,(2%*8 a,%#4*&0(&7'"*')*%#(&',&7%3&/%)(-(&)1"*&,('-%*+6%&'-(&-15%-.,&7-1%0%#(8&R-1F%%-(&(L%)*+&0.',&!"&-15('&
!"&-(?+*1,+&#1&'#(')*+&.,4"01%,(3&5',%%&%"%6%'6%&'%&*,(#1*1-1%&'1&#,('*&-(?("0'&;.51-1%&@%"(-1%&2%&'-& 7%F%#+3&0(.',(#(&)%561,%-(&"(&','*+&1"'&2%&'0(/+,1-&()*(&'-*1-8
,+1-1%3&0(&7,1#*(-(&#+,1%'&.51-&"1&*,(@1%(&)+&)(&'*%"?+8&C',&!"&=1,1-&.51-1%&()*(&5(0%1-&!"#."=1,+*.,&2%& !"'%"*(&0(&'&%"*,'&!"&'"'-%F'&7(".5("1-1%&"15%*&/%)3&*,(@1%(&)+&,(6%"(5&#+&.51-&',(&.&)*',(&'&)'&
!,%&;-1)&-%@(,1-&)+1&',@%*,13&,(;,(F("*'*(&;,%"&2',;(-(&!"0(5"+*.,&-'&7';*(&#."*,',(8&P13&.51-(3&(2*%& (*(,"+&:&)*',('&5(&)4%,%*&8%A(,/&#4"0&;.)(0+&.&5(5.,%(&0(;-%"+&'&*,(#1*1-1%3&;,(F("*1-1%&2%&/%%*.,1-1%8&I&
*("*'*&)+&7'#%&)'1&"1&#(('&#(&!6%&)1?(,('F+&/(?$(*.,1-8&G15('&#(&*(&!"#."=.',+&#1&%"*(,()(-(&(%&*(&/'& 0.1'&)*',(&'&.51-1%&()*(&#('&/,(5(-"%#+3&)*',('&5(&51$&!"*,14'*&:&#4"0&"1&5'%&2*%(&"%5%#&0(&;'*,%'&0(&
!5;%(0%#'&)+:6%&!"0(;-%"(2*%&0()*%"1-8&R'*+&2',;(-(&0%"&,'%&#',(&*(&/'&!5;%"?(&)+&7'#%&-1#,1,%&#."*,',(& 1"0(&'&/("%6%&2%&"1&#1".'2*(&0(#4*&#(('&#(&';',6%"(&'#()*(%&/%(6%&;+54"*(2*%3&5(5.,%'&-1%&7%%"0&7.',*(&
#(-.,&)*'@%-%*(3&!")#,%)(&!"&0()*%"1-&*+18 -%5%*'*+8&!"*,(&'#()*(&0.1+&)*+,%&)(&!"2%,+&)*',('&)27"'7A18%#+/&*,'")'&2%&0%)189
H15&/(%&-1;*'&#1&'#()*(&7.,6(3&#',(&*%"0&)+&*(&'@'*+&0%"&0,15D&P'*+-&'&;1)&!"&7%%"6'&*'&7'#1-*'*('& !"&)*',('&).5"'5@1-%#+&.51-&()*(&!"&-(?+*1,+&2%&#1&-15('&*,1;(')#+&2%&#1&#('&);'6%'-+8&!"&)*',('&
"15%*+&=10(#'*+8&C(&#4*(&.,%&*(&/(%&'7-'&!"*,:.&)%*1'6%(&".1+3&)+&.&(L'5%"(F%&-'&-15%"'&=10(#+6%%&*'-(3&2%& 0(&*,'")+&01$1-&.51-1%&):'&(L*(,%.,%F'*&#.5;-(*&:&#(('&#(&"1&',(&-.#&!"&)*',('&).5"'5@1-%#+&:&7%%"0&!"&
5'%&')#1-*4"0&2%&0(&)1?()*%%-(&/(?$(*.,1-1%&*+1&:&0+,1%*&0(&H,('*.,&)+&*(&'=1*(&-'&!"-+*1,',('&'-*.,& -(?+*1,+&"15'%&#1&-15('&7-1%0%#+8&!"&)*',('&0(&/%)3&01$1-&()*(&(L*(,%.,%F'*3&%',&#.,;1-&/%*'-&,+54"(&!"&
)1?()*%%&2%&7.,6(&:&/(%&,(12%&)+:6%&1,5(F%&#'-('&0()*%"1-1%8&C'#+&*.*12%&"1&')#1-6%&0(&'#(')*+&=10(#'*+3& *,1;8
0'#+&"1&')#1-6%&0(&)7'*1-&/(?$(*.,1-1%&*+1&2%&*(&01#%&01;+&'5+?%,%-(&0(&1"&5.5("*3&/(%&/("%&!"&#."7-%#*& C%/%"%*'*('&'&.,4"01%*&#'&.51-&2%&.,%#(&'"%5'-&)+&0.',5+3&;("*,1&#'&);%,%*1-&)+:2%&*,+%')#+&;("*,1&
#1&0()*%"1-3&#1&-(?('&0%/%"+3&%',&1,5',('&/'&7%&"(7(,%#%,('&*'8 #4*(/'&.,(&/%'6'&0(&);%,%*3&7+,+&0(&#',(&/%'6'&*,1;(')#+&',&7%&0(.)(@%*&0(&#$%"1%*.',(8&C1;+&.&F%&0(&
a51-&()*(&5(,(1&$+,61%*&0(&7.,6(-(&-+*1,'-"%#(&'-(&5(0%1-1%&!"#."=1,+*.,3&#1&%"*(,()(-(&-1%&51-*%;-(8& 51"#+3&.51-&)(&#1-#+&2%&'0.',5(8&H(&)(&;(*,(#(&#1&(-D&C(&#15&'&;1)&#';1-&;(&;(,"+3&!"#(*1-&#1&
9("*,1&'&;1*('&-1;*'&#1&121,%"6+&#."*,'&'#()*.,&%"7-1("6(3&(-&'&7.)*&0(*(,5%"'*&)+&)(&').#%(F(&#1&'-6%%3& !"#(*1-&01$1-&!"#(;(&)+&)(&,(*,'?+&0%"&*(5"%6'&)'3&0%"&*,1;1-&)+18&R'*+:<&'7',+&-'&1"&5(*,1&0(&*,1;3&
7.,54"0&.&#.51"%*'*(&#',(&)+:<&';(,(&!"&*.'*(&!5;,(=1,+,%-(&2%&)+:<&'=1*(&)+:2%&1,5(F(&#'-('&!"&/(#%8& *,+?4"0&01;+&(-&2%&.&;',*(&0%"&#.,;1-&)+1&/%*'-8&a&0'*+&%(2%*&#.5;-(*&0%"&*,1;3&01$1-&!"#(;(&)+&%')+
c.-1-&'#()*(%&').#%(,%&()*(&')(5+"+*.,&#1&#(-&0%"*,(&;+,%"*(-(&;+54"*()#&2%&#.;%-1-&)+13&1"%,(&#,('*+
UY\ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"&?(, UYT

2%&0%"&!"/(-%21-&)'1&#.,;1-&)+1&/%*'-8&!"&'#()*&5.5("*&1"&-1#%0&/(0(&;(&;'*&*,1;1-&0%"&#',(&;-('#+&1"& o%%"0 & .& 5'*(,%( & /%(3 & 01@-1- & /%*'-& ',( & #';'#%*'*(' & )+ & !",(?%)*,(F( & 0%,(#* & *.'*( & %5;,()%%-( & /%F1'-(3&
7%,&'7-'*&!"&-(?+*1,+&#1&#.,;1-&/%*'-8&I;.%&0%"&#.,;1-&/%*'-&;-('#+&1"&'-*&7%,3&#',(&)(&-('?+&0(&01$&:& .-7'#*%/(&)'1&'10%*%/(&/("%*(&0%"&-15('&(L*(,%.',+8&I2'0',3&!"&'7',+&0(&01$&)'1&7%%"6'&".')*,+&);%,%*1'-+3&2%&
7.,5'*&0%"&)#4"*(%'&0%/%"+&!"#."=1,'*+&0(&*.'*(&#(-(-'-*(&!"/(-%21,%&7-1%0%#(8&G'&0(2*(;*',(3&.51-&"1&/'& 01@-1-&/%*'-&#.")*%*1%(&1"&)1;.,*&0(&!",(?%)*,',(&'-&7(".5("(-.,&0%"&'7','&*,1;1-1%&.5("()#8&I#()*&#.,;&
2*%&"%5%#3&"1:2%&/'&'5%"*%&"%5%#&0%"&*.*&#(&/'&?4"0%&2%&7'#(&0(&'#15&);%,%*1-&!"#."=1,'*&0(&#.,;1-&)+1& (*(,%#3&)'1&01@-1&/%*'-&:&#',(&"(&!5;%(0%#+&F%1'&)+&2*%5&#(&'5&7+#1*&".';*('&)'1&#(&#1".'2*(5&0%"&'-*(&
;(,%);%,%*1'-8 /%(6%&:&!",(?%)*,('F+&#1".2*%"6(&F%1'3&#4"0&);%,%*1-&)(&'7-+&!"&*,1;3&2%&!",(?%)*,('F+&#1".2*%"6(&R&".';*('3&
K*',('&0(&).5"&'04"#3&7+,+&/%)(3&()*(&)*',('&".,5'-+&'&.51-1%&!"&*%5;1-&".;6%%3&)%"."%5'&#1& #4"0&01$1-&()*(&!"&'7','&*,1;1-1%8&9,%"&1,5',(3&#2,418&0%*'8&()*(&2&',$%0+&4+)*,+*2',(&5(&=&&&&#1"23*%".(9&
)*',('&0(&*,'")+8&H%"(/'&',&;1*('&)+&5+&!"*,(@(A&BC'#+&)*',('&0(&).5"&()*(&-'&7(-&#1&)*',('&0(&*,'")+3& S-&,(;,(F%"*+&B)1@#."2*%("*1-E&2*%%"6(%&/.')*,(&*(,()*,(8
0(&#(&.51-&#4"0&0.',5(&"1&"(&'10(&0(-.#&2%&0(&#(&5(0%151-&!"&)*',(&0(&*,'")+&"(&'10(&2%&"(& R 9(&-4"?+&5'*(,%'&5(5.,%'-+&'&01$1-1%&2%&!"&01@-1-&/%*'-&)(&%5;,%5+3&)1@&7.,5+&0(&)%5@.-1,%3
/.,@(2*(DE&9("*,1&#+&!"&)*',(&0(&).5"&01$1-&):'&!"0(;+,*'*&0(&*,1;1-&)+13&7%%"0&'*("*&-'&7(".5("(-(& *.*&#(&'&'7-'*&01$1-&!"&*%5;1-&".;6%%&0();,(&/%%*.,1-&)+1&';,.;%'*3&0();,(&(/("%5("*(-(&;,%"&#',(&/'&
0%"&);'6%13&%',&!"&)*',(&0(&*,'")+&1"&01$&)*,+%"&'&.#1;'*&01@-1-&/%*'-&(L*(,%.,%F'*&2%&;,%"&(-&#.51"%#+& *,(#(3&%',&-'&0(2*(;*',(&B)1@#."2*%("*1-E&:&"(7%%"0&;,%"&)%"(&!")12%&%"*(-%?("*3&#1?(*+*.,&#'&01$1-&)'1&
*,1;1-1%3&2%&#(-.,&0%"&=1,3&/+F4"0&2%&'1F%"0&')(5("('&.51-1%&!"&)*',(&0(&/(?$(8&C',&)*+;4"1-&*,1;1-1%3& )*+;4"1-&)+1&:&"1&-(&;.'*(&*,'01#(&-%5;(0(3&0(#4*&)1@&7.,5+&0(&;,()("*%5("*3&0(&;,()%56%,(&#+&/'&7%&
-'&,4"01-&)+13&/(0(&2%&'10(&-15('&);%,%*1'-+3&'1F1-&2%&/+F1-&)+1&7%%"0&);%,%*1'-(8 #(/'3&#+&)*+;4"1-1%&)+1&%&)(&/'&!"*45;-'&#(/'3&0',&#(&'"15(3&"1&2*%(8&C1@-1-&/%*'-&7%%"0&0.',&1"&
C1@-1-&/%*'-&'&7.)*&)#.)&0%"&*,1;3&;("*,1&'&7%&!"#+,#'*&#1&7-1%0&(-(#*,%#3&?,'6%(&#+,1%'&'#()*&#.,;& !",(?%)*,'*.,3&7+,+&)+&;.)(0(&.&%"*(-%?("6+3&"1&;.'*(&,(;,.01#(&0(#4*&%"#."2*%("*&2%&/'?3&#(('&#(&'&
(*(,%#&/'&;1*('&#."01#(&F%1'&1,5+*.',(&71"#6%%-(&*,1;1-1%8&a&0'*+&#(&'&7.)*&!"#+,#'*3&01@-1-&/%*'-&()*(& ,(6%"1*&)'1&5(5.,'*8
%"*,.01)&!"&*,1;3&%',&01$1-&!2%&/(0(&0(&)*10%%-(3&5(0%*'6%%-(&2%&#."/(,)'6%%-(&)'-(8&#1&-15('&);'6%'-+8& C1@-1-&/%*'-&',(&.&%5;.,*'"6+&#';%*'-+&!"&(L%)*("6'&.51-1%&*,1;()#8&C(&/%?.',('&)'1&)-+@%#%1"('&)'&
K;,(&F%1+3&!"#(;(&/%)1-8&I2'0',&/%)1-&',(&-.#&01;+&#(&#.,;1-&/%*'-&'&7.)*&,(%"*,.01)&!"&*,1;3&%',&01$1-& 0(;%"0(&)*',('&0(&)+"+*'*(&)'1&0(@%-%*'*('&*,1;1-1%8&H$%5%2*%%&".2*,%&#(,(2*%&'#6%."('F+&')1;,'&01@-1-1%&
)%"?1,&()*(&!"&'7','&#.,;1-1%&/%*'-&2%&'-&*,1;1-1%8 /%*'-3&)#$%5@4"01:%&#.5;.F%6%'&.,%?%"',+3&#1&)#.;1-&0(&'&7'#(&0%"&.5&1"&5(0%15&'10%*%/3&M&/%F1'-&)'1&
[%)1-&;.'*(&'/('&-.#&2%&F%1'&#4"0&0.,5%58&K.5"1-&0(&F%&"1&()*(&'@).-1*&"(#()',3&#%&0.',&;("*,1& *(-(#$%"(*%#8&H.5;.F%6%'&01@-1-1%&/%*'-&()*(&#."7.,5+&#.")*%*16%(%&;-'"(*(%&;(&#',(&):'&!"*,1;'*&01$1-8&
'?,(5("*3&.0%$"+&)'1&5(0%*',(8&!"&'#()*&*%5;&01@-1-&/%*'-&,+54"(&!"&*,1;3&%',&);%,%*1-&$.%"+,(2*(&;,%" H.")%)*("6'&*,1;1-1%&/'&7%&!"&,';.,*&#1&#.5;.F%6%'&01@-1-1%&/%*'-8&N,'6%(&'#()*(%&'0';*+,%3&.51-&;.'*(&*,+%&
!5;,(=1,%5%8 B ;(&.,%#(&;-'"(*+3&.,%#',(&',&7%&#.")*%*16%'&)'&7%F%#+&2%&#$%5%#+8&Z
[%)1-&;.'*(&'/('&-.#&2%&!"&*%5;1-&1"(%&@.-%&*,1;(2*%8&R"&?("(,'-3&01,(,%-(&*,1;1-1%&"1&-')+&01@-1-& C'*.,%*+&01@-1-1%&/%*'-&)(&#.")*,1%()#&/%)(-(8&[%)1-&;.'*(&)+&!")(5"(&#(/'&;("*,1&.5&2%&;.'*(&)+&
/%*'-&)+&%')+&'7',+8&H1&*.'*(&'#()*('3&!"*,(&'"15%*(&5.5("*(&0(&'6%;%,(3&);%,%*1-&)#.'*(&;16%"&'7',+& "1:%&','*(&"%5%#8&C'#+&0(&(L(5;-1&1"&);%,%*&)1;(,%.,&*,(@1%(&)+&=.'#(&!"*,:.&!"*,1;',(&'&)'&,.-1-&1"1%&
@%(*&#%.@'"3&;.*,%/%*&,'"?1-1%&)+13&(-&;.'*(&'/('&".';*('&#."/(,)'6%%&#1&'-*(&01$1,%3&;.'*(&#+-+*.,%&)'1&
#.,;1-&/%*'-3&!-&!"#',#+&,(;(0(&#1&7-1%0&/%*'-&2%&!-&,(%"*,.01#(&!"&*,1;8&C1;+&;16%"&*%5;&!-&)#.'*(&0%"& /%F%*'&0%7(,%*(&,(?%1"%&*(,()*,(&)'1&);'6%'-(8&G'&0(2*(;*',(&!2%&/'Z'5%"*%&#(/'3&0',&'*4*&0(&"(!"6(-()&
".13&!-&!"#',#+&2%&%',&!-&@'?+&-'&-.#8&!"&#'F1-&1".,&@.-%&?,'/(3&01$1-&%()(&)%"?1,&0%"&*,1;3&2%&0%"&'7',+3& ;("*,1&5%"*('&-1%&)%5;-+&0%"&'#*1'-'&/%'6+&*(,()*,+3&!"#4*&/%)1-&"1:%&/'&);1"(&"%5%#8&I2'0',3&/%)1-&
;,%"&#.,0."1-&7-1%0%#3&!-&!"#',#+&:&(&0,(;*3&?,(13&7.',*(&?,(13&0',&!-&!"#',#+8&R"&'#()*&#'F&01$1-&()*(& ,(;,(F%"*+&1"(.,%&#(/'&2%&'-*(.,%&"%5%#&:&;("*,1&#(-&#',(&'&/%)'*8
'=1*'*&0(&7,'6%&#(,(2*%3&#1&#',(&)(&#.")1-*+3&/.,@(2*(3&2%&)(&;.'*(&!"*45;-'&#'&7,4"*1,%&0%"&'#(')*'& C(&51-*(&.,%&.&;(,).'"+&%"#1-*+3&;1)+&!"&)*',(&0(&*,'")+3&"(&1%5(2*(&;,%"&#1".2*%"6(-(&)'-(&0(&
0%)#16%(& )+ & 7%( &(L;,%5'*(3 & ;,%"&?,'%3 &0(&*,1;1- &)+18&H(%&'7-'6% &!"&=1,1- &@.-"'/1-1%&);1" & #'& '#()*'& #$%5%(3&7%F%#+&2%&')*,.".5%(8&C(&1"0(&-(&)#.'*(D&C%"&'04"#1-&',$%/(%&)'-(&);%,%*1'-(3&;("*,1&#+&()*(&.&
'%1,('F+8&S-&"1&'%1,('F+3&#%&,(;,.01#(&7,'?5("*'*3&%"#.(,("*3&#."/(,)'6%'&)'&#1&#(%&0%"&);'6%1&2%&0(& ("*%*'*(&)1;(,%.',+&!"&-15('&);'6%%-.,8
'#(('&"1&()*(&!"6(-()&0(&#(%&0(&7'6+8&H+*,(&F%1+&01$1-&%"*,+&!"&01@-1-&(*(,%#&2%&!"&*,1;1-&)+18 [%)(-(&)1"*&"(#()',(&.51-1%8&T"(.,%&01$1-&',(&"(/.%(&#'&(?.:1-&:&;(,)."'-%*'*('&;,%"&#',(&):'&
!"&,(F15'*3&.51-&*,1;()#&#1".'2*(&*,(%&)*+,%A !"*,1;'*&2%&#.")*%*1%(&#."2*%%"6'&)'&!"&`)*',('&0(&/(?$(&:&)+&2*%(&#(/'3&#4*&0(&#4*3&0%"&#(-(&#(&*,(@1%(&)+&
<8&@*',('&5(&0(-$(&:&#4"0&01$1-&2%&01@-1-&(*(,%#&)(&'7-+&!"&*,1;Q 7'#+&!"&/%'6'&*(,()*,+&'#*1'-+8&!"&'#()*&)#.;3&01$1-&;,./.'#+&1"&/%)3&;("*,1&#'&*.*&(-&:&;,%"&%"*(,5(0%1-&
V&@*',('&5(&)27"&'5E"#&:&#4"0&);%,%*1-&!5;,(1"+&#1&01@-1-&)+1&(*(,%#&)1"*&!"&'7','&*,1;1-1%Q (?.:1-1%3&#',(&!%&.7(,+&#.%%2*%%"6'&0(&/(?$(&#4"0E&/'&7%&!"&*,1;&:&)+&'%@+&;,()("*%5("*(&/'?% &0();,(&
X8&@*',('&5(&0%)&6&#4"0&01@-1-&(*(,%#&)(&'7-+&!"&*,1;3&%',&);%,%*1-&()*(&!"&'7',+8&J15'%&!"&'#(')*+ (/("%5("*(-(&#(&/.,&1,5'3&0();,(&7';*(-(&;(&#',(&*,(@1%(&)+&-(&7'#+&2%&0();,(&#(-(&0(&#',(&*,(@1%(&)+&
)*',(&'1&-.#&/%)(-(8 )(&7(,(')#+8
!"&5.0&".,5'-3&.51-&"1&/.,@(2*(&#4"0&0.',5(8&C'#+&!%&/.,@(2*(&#%"(/'&(-&"1&'10(3&;("*,1&#'& I5 & );1) & #+ & .51- & );%,%* & ',( & 1" & ;,.?,'5 & 0( & 1,5+,%*8 & H' & )+ & )( & 6%"+ & ;( & '#()* & 0,15 & 2% & )+ & "1&
);%,%*1-&7%%"0&;-(#'*3&*,1;1-&)+1&"1&5'%&()*(&#';'@%-&)+&'10+8&P,1;1-&"1&'10(3&#%&01$1-&0%"&(-&!"6(-(?(&2%& ?,(2(')#+3&(-&*,(@1%(&)+&'%@+3&#4*&0(&04*3&%"0%#'6%'&0,151-1%&)+18&9("*,1&'&'/('&!"&/(0(,(&#'-('&#(&.&
,+);1"0(8&R")+&01$1-&"1&/'&2*%&#(&%&)(&/.,@(2*(3&;("*,1&#+&01@-1-&/%*'-&()*(&!"&%"*(,%.,1-&*,1;1-1%3&7%%"0& ',(&0(&1,5'*3&01$1-&7'#(&')*7(-&#'&!"]+2%&/($%#.-1-&)+1&)+&!",(?%)*,(F(3&)1@&7.,5+&0(&/%)&)%5@.-%#3&
.&;'/+F+3&.&;%(0%#+&!"*,(&/.,@%*.,&2%&01$3&7%(&#+&01$1-&/'&7%&0(;',*(3&7%(&#+&/'&7%&;(&-4"?+&*,';1-&)+18& #+,',('&;(&#',(&!%&/.,&7%&'2*(,"1*(&7-.,%&)'1&?$%5;%3&@1#1,%%&)'1&)1;+,+,%8
C'#+&;,%"&;')(&5'?"(*%#(&:&'-(&1"1%&.5&);'6%'-&)'1&*,1;()#&:&)(&)#.'*(&2%&01@-1-&/%*'-&0%"&*,1;3& G15('&#,(0(&#+&/%)1-&()*(&#(/'&!"*45;-+*.,3&.&7'"*(F%(&7%(&'&#(-1-(-.,&#(,(@,'-(3&7%(&'&,(*%"(%3&7%(&'&
;(,).'"' & ,();(#*%/+ & #'0( & !" & )*',(' & "15%*+ &*,'")+9 &!" & '#()* & #'F3 & '0,()4"01:"( & 01$1-1%3 & (- & "( & /'& B;)%$%#1-1%E&)+18&J13&"1&()*(&'2'8&d%)18&()*(&2&4,251#.%(&02%*+&'&51$181%/&'&)*+4E"181%&*,14181%/&|&&&)'1&'&
!"6(-(?(&2%&"(&/'&,+);1"0(3&0',&01;+&0(2*(;*',('&*,1;1-1%&)+1&"1&/'&2*%&'@).-1*&"%5%#&0();,(&!"*,(@+,%-(& '8*2,&51$1,%/&#',(&02,&)+&*,'")7%*+&#(0'&%1A%*181%&82,&!"*,14'*9
;,%5%*(&2%&,+);1")1,%-(&0'*(8&H1&'-*(&#1/%"*(3&"1&/'&2*%&"%5%#&0%"&#(&):'&;(*,(#1*&!"&=1,1-&)+18 %&&&&6&eC(2%&/%'6'&;',(&'&)(&)#1,?(&7+,+&"%#%&.&#."*%"1%*'*(&!"*,(&-15('&".')*,+&2%&'&/.')*,+3&'0(/+,1-&()*(&M&
H4"0&.51-&)(&0(2*(';*+&:&'5&5'%&);1)&2%&,(;(*&:&01@-1-&/%*'-&)(&'7-+&0(='&!"&%"*(,%.,1-&*,1;1-1%3&%',& #+&!"*,(&/%'6'&*,1;(')#+&!"&)*',(&0(&/(?$(&2%&/%'6'&0(&);%,%*&-%@(,&()*(&.&#."*%"1+&#1,?(,(3&7+,+&#('&|&&&5'%&
01$1-&/%"(&2%&)(&%"*,.01#(&-'&,4"01-&)+1&!"&01@-1-&/%*'-8&R"*,(&'0.,5%,('&#.5;-(*+&2%&)*',('&0(&/(?$(& 5%#+&!"*,(,1;(,(3&#+#%&!"*,(&'#()*(&0.1+&-15%3&!5@%"'*(&1"'&!"&'-*'3&(L%)*+&.&-(?+*1,+&%"0%).-1@%-+3&'&#+,(%&
(L%)*+&.&)*',(&0(&*,'"F%6%(3&"15%*+&'.%4%,(9 71"#6%."',(&-15('&"(2*%1*.',(&0(&'0(/+,1,%&#(,(2*%&"1&.&#1".'2*(8
!"#(*1-&#1&!"#(*1-3&01$1-&)(&,(*,'?(&0%"&*,1;3&*,+?4"0&01;+&(-&#.,;1-&/%*'-8&C(&'#15&.51-&0.',5( 9("*,1&.51-&)%5;-1&/%'6'&*,1;(')#+&(&.&7(,%#%,(8&9("*,1&01$1-&)1;(,%.,3&#.@.,4*&!"&*,1;3&/%'6'&;1,&
;,.71"08 & C1;+ & #( & 01$1- & !2% & /' & !"#+,#' & 01@-1- & /%*'- & #1 & 7-1%03 & #1 & 7.,6' & (-(#*,%#+ & "(#()',' & ;("*,1 *,1;(')#+ & ()*( & 1" & #$%" & '- & "(2*%%"6(% & 2% & !"*1"(,%#1-1%8 &I*1"#% & C%/%"%*'*(' & ' & .,4"01%* & /%'6' & 0( & 01$&
0.1+);,(F(#(&.,(&0(&71"#6%."',(3&!-&/'&%"*,.01#(&!"&*,1;8&C%"&'#()*&5.5("*3&.51-&!"#(;(&)+&/%)(F(8 (L*(,%.,%F'*&0%"&*%5;1-&".;6%%3&'-&).5"1-1%8
['&/(0('&;(%)'=(&0%"&0%7(,%*(&6+,%&2%&6%"1*1,%3&/'&/.,@%&#1&'-*(&01$1,%3&0();,(&*,(#1*&)'1&/%%*.,&(*#3 a51-&)%5;-1&(&1"&#/')%:'"%5'-8&S-&"1&*,(@1%(&)+&7%(&)*%"?$(,%*&0%"&#1,)1-&/%(6%%&)'-(3&"1&*,(@1%(&)+&
0',&-'&0(2*(;*',(&-(&/'&1%*'&;(&*.'*(8&I#(')*'&(&,(?1-'8 3&&&3&&&&: 2*%(&#+&*.*&#(&);1"(&2%&7'#(&()*(&'1F%*&2%&/+F1*&0(&#(%&0%"&-15('&);'6%'-+8&I,&7%&!"?,.F%*&2*%%"01:)(&
H4*(.0'*+3&#4"0&/%)1-&',(&-.#&#+*,(&F%1+&2%&.51-&)(&0(2*(';*+&5'%&51-*&)'1&5'%&;16%"&,(;(0(&01;+& .@)(,/'*3&1,5+,%*&!"&*.'*(&'#*(-(&2%&?4"01,%-(&)'-(8&[%'6'&"1&%&):',&5'%&0()7+21,'&!"&-%@(,*'*(3&01;+&<&
/%)3&(-&!2%&'5%"*(2*(&#4*(&#(/'8&9("*,1&':2%&'5%"*%&;(&0(;-%"3&#."0%6%'&()*(&)+&)(&0(2*(;*(&,(;(0(3& 0(;-%"'&)'&!"#-%"',(8&9,%"&1,5',(3&C%/%"%*'*('3&!"&"(5+,?%"%*'&S%&!"6(-(;#%1"(3&'&).#.*%*&#+&.5("%,('3&!"&
%5(0%'*&01;+&/%)3&#(('&#(&)(&;.'*(&,('-%F'&,1?4"0&;(&1"&);%,%*&;,%(*("&)+:%&7'#+&'#()*&)(,/%#%18&a&0'*'& ?("(,'-3 & *,(@1%( & -+)'*+ & !" & "(#1".'2*(,(' & -15%% & );%,%*1'-(Q & #1".'2*(,(' & H(,1-1% & #.")*%*1%"0 & 0.',&
0(2*(;*'*3&)+&"1&)(&5%2*(3&)+&"1&0()#$%0+&;-(.';(-(3&;("*,1&#+&'-*7(-&-15%"'&F%-(%&!-&*,(#(&#.5;-(*&-'& ;,%/%-(?%1-&#(-.,&;16%"%8
/%'6'&*,1;(')#+8&K+&)*('&-%"%2*%*&2%&)+&5(0%*(F(&')1;,'&/%)1-1%&'/1*&;4"+&5'%&'05('."8&I;1#4"0&0(&1"& J.%&)1"*(5&.&;%(0%#+&;("*,1&'"%5'-1-&0%"&.58&!")12%&01$1-&%"7(,%.,&0(#-',+&#+&(-&"1&/,('&:&#'&.5&
#';+*&'-&/%)1-1%&2%&*,+?4"0&#1&5%"*('&5(,(1&0(&(-3&/%)1-&;',(&#+&)(&0()7'#(&#'&0(&;(&1"&5.).,3&2%& *,1;()#&:&)+&2*%(&0(&-15('&)'&);%,%*1'-+8&H(%&51-6%&"1&#,(0&!"&(L%)*("6'&);%,%*1-1%3&'&/%(6%%&);%,%*1'-(3&2%&
!"#(*1-&#1&!"#(*1-&!-&,(#.")*%*1%(8&!"&5.01-&'#()*'3&*.'*(&%0(%-(&2%&%5'?%"%-(&#1-()(&0(&01$&:"('/4"0& "1&-(&;-'#&#1".2*%"6(-(&-15%%&#(,(2*%3&01$1,%-(&-.,&7%%"0&!"#+&;(&*,(;*(-(&%"7(,%.',(&'-(&)#+,%%&(/.-16%(%&
*%5;&)+&)(&,%)%;(')#+&!"&);'6%1&:&)1"*&*,'")5%)(&01@-1-1%&(*(,%#8&C%"&#.,;1-&/%*'-3&%5'?%"%-(&*,(#&!"& );%,%*1'-(8
)%)*(51-&#(,(@,'-&2%&;,%"&(-&.51-&!2%&#."2*%("*%F('F+&2%&5(5.,('F+&*.*&/%)1-8
UZ_ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521' ?271"%#+,%&5%"&?(, UZU

H(-(&5'%&51-*(&/%)(&;',&'&7%&%,('-%*+6%3&;("*,1&#+&01$1-&"1&',(&;(,5%)%1"('&)+&#.")*,1%')#+&1"&/%)& H(&7,15.')(&2%&%"*(,()'"*(&)1"*&'#()*(&*(5(3&,(7(,%*.',(&-'&54"1%,('&7-1%0(-.,&2%&#,(',('&0%"&(-(&'&
#."#,(*3 & %5'?%"'*%/:,('-8 & I#()*( & ,(;,(F("*+,% & ("%?5'*%#( & /., & 01,' & 5%% & 0( & /('#1,%3 & ;4"+ & #4"0& 0%7(,%*(-.,&5'*(,%%& ;-'"(*',(M&I)(5("('& #1".2*%"6(& )1"*&;,(0'*(& 0(&5',%%&".2*,%&!"?(,%3& !"&F."(-(&
.5("%,(' & /' & %(2% &0%" & )*',(' & 5.,'-+ & 2% & %"*(-(#*1'-+ &!"';.%'*+3 & ;4"+ &#4"0 & )( & /' &,%0%#' &;( & *,(;*(-(& !"'-*(&'-(&9+54"*1-1%3&#."7(,%"6(&-'&#',(&-1+5&2%&".%&;',*(8&C%"&)7(,(&)1;(,%.',(3&!"?(,%%&;,%5()#&;(&
)1;(,%.',( & '-( &!"6(-(?(,%% & 2%& #."2*%%"6(%3 &#4"0 &/.%"6'& "1&!% &/'& 5'% &;(,5%*( & )+ & )( &'@'*+& 0%"& #'-('& ('-(&0(&#.51"%#+,%&*,'")5%)(&;,%"&1"0(:?4"01,%3&#1".2*%"6(&2%&5'%&!"'-*(3&-'&#',(&".%&"1&"(&;1*(5&
',5."%(%&0%/%"(3&)*'@%-%*+&0%"&/(2"%#%(&!"&*.*&1"%/(,)1-8 '0+;'3&;("*,1&#+&!"&'#()*(&(L;1"(,%&)1"*&%0(%&'-&#+,.,&#."6%"1*&"1:<&;,%#(;(58
G%5@' & 01$1,%-., & ()*( & 1"' & 2% & '#(('2% & ;()*( & *.* & 1"%/(,)1- & : & '#(-('2% & )(5"(3 & #1-.,% & 2% & )1"(*(&
);%,%*1'-(&:&0',&('&"1&()*(&!"6(-(')+&0(&.,%#%"(3&0(.',(#(&#1;,%"0(&#1".2*%"6(&2%&?4"01,%&#(&"1&%"*,+&!"&
#';%*'-1-&)+1&0(&5(5.,%(&2%&?4"0%,(8&T"&);%,%*&!"*,1;'*&!"/'6+&5'%&12.,&:&)'1&5'%&(L'#*3&,(!"/'6+&:&
R0(%&0();,(&#,('6%( -%5@'&6+,%%&)'-(3&0(#4*&!"/+6+5&".%&-%5@'&1"%/(,)'-+8&o%(#',(&%0((&!2%&',(&)(5"1-3&)1"(*1-&2%&#1-.',('&
)'3 & 0', & #4"0 & )( & #.51"%#+ & #1".2*%"6( & 7.',*( & '@)*,'#*(3 & 0(?('@' & '1F%5 & )1"(*1- & 2% & /(0(5 & )(5"1-&
-15%".)3&#+&"1&;,%#(;(5&"%5%#8&I*1"#%&#(&()*(&0(&7+#1*D&K+&!"*,(@%8&C',&;(&#%"(D&H+#%&;(&#4"0&.51-&
P.'*+&5'*(,%'&;+54"*1-1%&;(&#',(:<&-.#1%6%&:&"15%*+&0(&/.%&7%F%#+&:&'&;,./("%*&;,%"&#."#("*,',(& *,1;()# & !2% & ;.'*( & ;%(,0( & /,(5(' & -("(/%"0 & )'1 & $.%"+,%"03 & !" & -15(' & 01$1,%-., & *.6% & '1 & 0( & 7+#1* & .&
0%"&4,%7'&7'*(,%(&;81%5%#+/&0%"&#',(&'&7+#1*&H,('*.,1-&*.'*(&#.,;1,%-(&#(,(2*%8 '#*%/%*'*(3&;(&#',(&#1&',0.',(&#'1*+&)+&.&*(,5%"(&#1&@%"(8&!"&'#()*&#'F&"1:6%&,+54"(&0(#4*&)+&1,5(F%&
9,(#15&".,%%&)1"*&,(;,(F("*'"6%%&)1@&7.,5+&0(&/';.,%&'%&-%#$%01-1%&"15%*&';+3&*.*&')*7(-&(L%)*+&!"& #',1-&(/.-16%(%&*'-(3&)+&"1&*(&5'%&6%%&01;+&#',1-&;,(.#1;+,%-.,&#(-.,&)1;(,%.,%&6%(8&K+&*(&)%-(2*%3&#+#%&!"&
1"%/(,)&,(;,(F("*'"*1-&7-1%0%#&'-&'1,1-1%3&',?%"*1-1%3&;-'*%"(%&(*#8&P.*&#(&/(0(6%&;(&;+54"*&'&;,./("%*3& 7%(#',(&'"3&;,%"&51"#+3&'*("6%(&2%&)1;1"(,(3&/(%&1,#'&1"&5%#&;')&);,(&5'%&@%"(3&1"&;')&;,('&5%#&7'6+&
0%"*,:1" &'"15%*&7-1%08&9,%" &1,5',(3& !"&1"%/(,)&(L%)*+&7-1%0(-(& #.,();1"F+*.',(&'&*.*&#(&(L%)*+& ;(& 0(&(*(,"%*'*(8&94"+&#(&01$1-&'"'-7'@(*&'&'=1")&!"&#-')'&!"*4%'&;,%5',+&'&H(,1,%-.,3&'1&*,(#1* &#4*(/'&
;+54"*8 5%-%',0(&0(&'"%8&C',&#4*(&5%-%',0(&/.,&5'%&*,(#(&;4"+&'=1"?(&!"&-15('&);'6%%-.,&-'&@'#'-'1,('*3&-%#("6%'*&
K+&;,()1;1"(5&#+&1"&5',(&);%,%*3&0%"&#'*(?.,%'&#(-.,&#(&#.")*,1%()#&).,%&2%&;-'"(*(3&',&#.@.,!&!"& 2%&0.#*.,'*D&P(&!");+%54"6%&?4"0%"01:*(&"15'%8
'*5.)7(,' & )1;(,%.',+ & ' & 9+54"*1-1%3 & !" & F."' & '-@+ & )'1 & 0%/%"+3 & 1"0( & )1"* & 5',%-( & ".')*,( & ("*%*+6%& a & ?,(1*'*( & !" & ;-1) & ()*( & 7';*1- & #+ & "1 & )( & ;(,5%*( & !"/+6',(' & 5'% & ,';%0+3 & 0(#4* & ()*( & )*'@%-%* & !"&
);%,%*1'-(3&2%&',&0.,%&)+&7'#+&.&0(5.")*,'6%(8&9,%"&;1*(,('&/.%"6(%&)'-(3&(-&',&;1*('&)+&7'#+&0%"&7-1%01-& ;,.?,'58&C(&(L(5;-13&)1@%(#*1-&F&)(&;,(0+&-'&.&'"15%*+&/,(5(3&;(&#4"0&)1@%(#*1-&B&)(&;,(0+&-'&.&
$15%7(,&1"&@.@&0(&$15+3&(L'#*&0(&'#(('2%&#.5;.F%6%(&#1&$15'&*(,()*,+8&C(&')(5("('3&',&;1*('&)+& (;.#+&51-*&5'%&*4,F%(8&I%&0.,%&)+&!"/(6%&5'%&,(;(0(3&0',&#%"(&)+:6%&);1"+D&#+#%&01;+&#(&'%&!"/+6'*&;(&
7'@,%#(&.,%#(&5(*'-&)'1&;%'*,+&;,(6%.')+&',&0.,%3&0%"&7-1%01-&-.,&#.,();1"F+*.,8 F/&#(-&#',(&*,(@1%(&)+:6%&/.,@(')#+&0(&B&!6%&);1"(A&BI2*(';*+3&!"#+&"1&'&).)%*&/,(5('&;,(0+,%%&#1,)1-1%&
C'#+&'#()*&5',(&);%,%*&',&#.@.,!&5'%&=.)3&!"&F."'&'&*,(%'3&,.2%(&:&#('&0(&-'&)1;,'7'6'&;+54"*1-1%&:& 5(1E8
/'&?+)%&7-1%0(&/(?(*'-(3&'"%5'-(&2%&15'"(3&;1*4"0&7'#(&0%"&(-(&.&;.,*.#'-+3&.&;')+,(&2%&#$%',&1"&*,1;& C(2%&9+54"*1-&;,%5(2*(&.&51-6%5(&0(&1"0(:?4"01,%3&#1,)1,%&).)%*(&0%"&).,%&)'1&;-'"(*(&)1;(,%.',(3&
0(&.5&#'&'-&#(-.,-'-6%&.'5("%8 "1&;1*(5&;,.7%*'&0(&(-(3&"(!"6(-(?4"0&%0(%-(&(L;1)(&!"&'#(-(&#."7(,%"6(&#(,(2*%8&C%"&(-(&*,'?&!"/+6+5%"*(&
U%)*(,1-&#,('6%(%&'&#.")*'*3&#.")*+&2%&/'&#.")*'&!"&*,'")7.,5',('&7-1%0(-.,&!"&5'*(,%%&?'F.')(3& "15'%&!"?(,%%3&#1&.&#1-*1,+&#(,(')#+&)1;(,%.',+&#1-*1,%%&".')*,(8
-%#$%0(&2%&).-%0(8&R"&;-1)&7-1%0(-(&!2%&1,5('F+&#1,)1-&-.,&(/.-1*%/3&#',(&#.")*+&!"&;,(7'#(,('&7-1%0(-.,& S%3&0,'?1-&5(13&0'#+&'6%&2*%&#(&0(&,(?1-%&2%&-(?%&"(&!"?,+0()#&2%&#."01#&-15%-(3&/:'6%&5%"1"'&0(&
0(&"'*1,+&5%"(,'-+&!"&7-1%0(&/(?(*'-(3&'&'#()*.,'&!"&7-1%0(&'"%5'-(&2%&;(&1,5+&!"&7-1%0(&15'"(8 !"6(-(;#%1"('&H(-1%&#(&-(:'&.,4"01%*M
C%"&7-1%0(-(&1"%/(,)%#(&):'&7.,5'*&*.*&#(&(L%)*+&;(&0%7(,%*(&;-'"(*(8&9+54"*1-&7%%"0&'#15&1"&?-.@& S13&("*%*'*(&);%,%*1'-+3&"1&;.*&)+&7'#&#(('&#(&/,('13&#(('&#(&!5%&;-'#(3&#%&"15'%&#(('&#(&*,(@1%(&)+&
@+*,4"3&"1&)(&5'%&;,.01#&;(&(-&')(5("('&*,'")7.,5+,%8&C',&#4"0&()*(&/.,@'&)+&)(&#.")*,1%')#+&.& 7'#&#."7.,5&?,'01-1%&-'&#',(&'5&'=1")8&G'&,(/(0(,(&-'&".';*(3&#4"0&!5%&/(%&0'&.&".*+&@1"+&;("*,1&
;-'"(*+&".1+3&0%"&K7(,'&0%/%"+&#.@.',+&#(*(&"15(,.')(&0(&H.")*,1#*.,%&0%/%"%3&#',(&!"#(;&#,(',('& #(-(&#.51"%#'*(&;(&F%1'&0(&'F%8
5'*(,%(%&5%"(,'-(3&5'*(,%'-%F4"0&7-1%0(&5%"(,'-(8&C1;+&#.").-%0',('&5%"(,'-1-1%3&;,%"&#."0(")',('&2%&
!"#(*%"%,('&/%@,'6%(%&;',*%#1-(-.,&7-1%01-1%&5%"(,'-3&.&'-*+&)(,%(&0(&H.")*,1#*.,%&;,(;',+&0%"&7-1%01-& $ $ $
5%"(,'-&'7-'*&!"&=1,1-&;-'"(*(%3&7-1%0(&/(?(*'-(3&2%&';.%&0%"&(-(3&;,%"&5'*(,%'-%F+,%3&#,(('F+&;,%5(-(&
;-'"*(8&H4"0&;+54"*1-&'&7.)*&!5@,+#'*&#1&.&$'%"+&/(?(*'-+&:&;-'"*(&'7-'*(&;(&#('&5'%&0(&=.)&*,(';*+& IM&C',&/,('1&)+:6%&,+);1"0&-'&!"*,(@',('&;(&#',(&5%:'%&;1):.A&BS&;.)%@%-&#'&1"&.5&*,1;()#&)+&7%(&
(/.-1*%/+&:&.&'-*+&)(,%(&0(&H.")*,1#*.,%&'&*,'")7.,5'*&7-1%01-&/(?(*'-&!"&7-1%0&'"%5'-3&0%"&#',(&'1& !"&)*',(&0(&/(?$(&%',&);%,%*1-&)+:%&7%(&0(;',*(&0(&*,1;DE
!"#(;1*&)+&7'#+&*,1;1,%&0(&'"%5'-(&:&2%&'2'&5'%&0(;',*(8&I2'0',3&!"#(;1*1-&/%(6%%&;(&.&;-'"(*+&".1+&()*(& P(&%1@()#&2%&/,('1&)+&'%&2%&-'&'#(')*+&!"*,(@',(&,+);1")1-&5(18&C(&'-*7(-&'#()*'&()*(&,.-1-&".)*,1A&
.&#."*%"1+&5'*(,%'-%F',(3&)+/4,2%*+&0(&'"15%*(&5',%&01$1,%8 )+&*(&-+51,%53&#'&.5&*,1;()#3&#1&*.*&#(('&#(&#'&);%,%*&#1".2*%&7.',*(&@%"(8
C1$1,%-(&0(&;(&9+54"*&'1&'1F%*&0(&')(5("('&.;(,'6%%&0(&5'*(,%'-%F',(3&0',&"1&'1&-1'*&;',*(&-'&(-(8& C'3&()*(&;.)%@%-&#'&1"&);%,%*&15'"&)+&;-(#(&0%"&*,1;1-&)+1&2%&*.*12%&.51-&)+&"1&0.',5+3&'0%#+&)+&7%(&
S"*%*+6%-(&);%,%*1'-(&)1;(,%.',(&'-(&9+54"*1-1%&)1"*&#1".)#+*.',(&'-(&'#()*.,&#,('6%%3&R#&;.*&,('-%F'3& !"&/(?$(3&0',&'#(')*+&/(?$(&"1&(&0(;-%"+8&H(&)(&!"*45;-+&!"&'#()*&#'FD&K+&%'1&1"&(L(5;-18
(7(5(,3&;(&1"(-(&0%"&(-(3&!"&)#.;&0(&(L;(,%5("*3&0',&"1&0()*+%"1%(&"%5+"1%&*'%"'&-.,3&5(#'"%)51-& !"&*%5;1-&F%-(%3&1"&);%,%*&15'"&'&%(2%*&0%"&#')'&-1%&*,1;(')#+&2%&):'&01)&!"*,:.&'-*+&-.#'-%*'*(&1"0(&)(&
.;(,'6%(%&-.,8&H.")%0(,+&#+&0%/1-?',('&'#()*.,&*'%"(&()*(&.&'0(/+,'*+&#,%5+&')1;,'&#,('6%(%3&0%"&#'1F'& '7-+&!"*,1;'*&1"&);%,%*&;,%(*("3&#1&#',(&/,('&)+&)(&!"*,(6%"+8&P,1;1-&;+,+)%*&0(&);%,%*&;',(&0(2*(;*3&0',&
;(,%#.-(-., & ;,%" & #',( & ', & *,(#( & .5("%,(' & '7-'*+ & !"*,:. & 7'F+ & (/.-1*%/+ & %"7(,%.',+3 & !"*,:'0(/+,3 & 0'#+& ()*(&!"*,:.&)*',(&0(&;,.)*'6%(Q&*,+%(2*(3&0',&"1&/(0(&2%&"1&'10(Q&)(&5%2#+&2%&',(&';',("6'&#+&(&0(2*(;*3&
01$1,%-(&%"7(,%.',(&',&#1".'2*(&5(#'"%)51-&5'*(,%'-%F+,%%&7-1%0(-.,&:&0(&(L(5;-1&'&1"1%&7,1#*3&'"%5'-& ;("*,1&)+&);%,%*1-3&;,%"&7%,1-&0(&-(?+*1,+3&'#6%."('F+&0(&-'&0%)*'"6+&')1;,'&)'8
(*#8&:&',&#1".'2*(&2%&5(#'"%)51-&0(5'*(,%'-%F+,%%&#.,;1,%-.,3&2%&'*1"#%&/+&0'6%&)('5'&#(&?,.F+/%%&',& !"&'#()*&*%5;3&;.'*(&)+&*,('#+&;(&'#.-.&1"&01$&"1&;,('&#15)(#'0(e&)'1&1"&01$&*,%5%)&0(&.&("*%*'*(&
,(F1-*'M&C%"&1,+3&)'1&;("*,1&4&)(&,+F@1"'&;(&1"&)(5("&'-&)+1&!"*,1;'*3&#',(&!"&'-*+&/%'6+&%:'&7+#1*& )1;(,%.',+8&I#()*&01$&)(&%"*,.01#(&!"&*,1;1-&)1@%(#*1-1%&".)*,1&2%&!"#(;(&)+&/.,@(')#+8&H(%&0%"&=1,&!-&
/,(1"&"('=1")3&01$1-&%"#."2*%("*&',&;1*('&0(7-1%0%F'&#.,;1-&/%*'-&'-&)(5("1-1%&)+1&2%&;,%"&'#(')*'&)+& ')#1-*+&2%&"1:<&!"6(-(?3&!"*,('@+&2%&;,%5()#&,+);1")1,%&'%1,('&2%&"1&2*%1&#(&)+&5'%&#,('0+8
;,./.'#( & 5.',*(' & *,1;1-1% & '#()*1%'3 & @' & #$%', & )+:% & 0(5'*(,%'-%F(F( & !")12% & *,1;1-3 & !" & 7-1%01- & )+1& C',&%'*+&#+&);%,%*1-:)*+;4"&/%"(&#'&71-?(,1-&2%&0+&'7',+&);%,%*1-:51)'7%,8&C%"&'#()*&5.5("*&.51-&
#.,();1"F+*.,8 ()*(&,(#1".)#1*&2%&!"6(-()&0(&7,'6%%&)+%3&;("*,1&#+&'#15&-(&/.,@(2*(&/(,%*'@%-1-&)*+;4"&'-&*,1;1-1%8
9,%"&1,5',(3&5',%-(&01$1,%3&5',%%&)'/'"6%&'%&9+54"*1-1%3&01;+&#(&'1&7+#1*&.&5'*(,%'-%F',(&:&'&1"(%& C'#+&7(".5("1-&)(&,(;(*+&5'%&0()&2%&5'%&;,(-1"?3&#(%80%"&';,.;%(,('&)1@%(#*1-1%&".)*,1&#,(0&#+&
;.,*.#'-(3&7-.,%&(*#8&:&.&0(5'*(,%'-%F('F+3&'0%#+&.&*,'")7.,5+&!"&7-1%01-&0%"&#',(&;,./%"(&:&"1&.&-')+&#'& 7,'*(-(&-.,&'&!""(@1"%*&2%&!-&01#&-'&.);%#%13&1"0(&7'#(&;(&!5;+,'*1-&I@%)%"%(%8
'*',(&!"&'*5.)7(,'&/.')*,+3&;("*,1&#+&',&0'&;.)%@%-%*'*(&01$1,%-.,&0(&'%#%&)+&)(&%")*,1%')#+&2%&)+&;.'*+& H4"0 & ;-('#+ & 51)'7%,1- & "(;.7*%*3 & )'1 & *,%5%)1- & );(#%'-3 & );%,%*1-:)*+;4" & ,(/%"( & !" & *,1;1- & )+13 & 2%&
7'#(&2%&(-(&')(5("('&.;(,'6%%3&%"*(,F%)(&"1&0(&/,(.&.;,(-%2*(&.',(#',(3&#%&0%"&#'1F'&%?".,'"6(%3&'& !"#(;(&)+&/.,@(')#+&-'&7(-&#'&*.'*+&-15('3&-.?%#&2%&#15%"*(Q&!%&,(#1".'2*(&;(&'%&)+%&2%&5(0%#%%&#,(0&#+&
%"7(,%.,%*+6%%&-.,3&#',(&%:',&0(*(,5%"'e&)+&7'#+&1"&,+1&.',(#',(3&;,%"&0(5'*(,%'-%F',('&!"&7-1%0&'&1"(%& '-%("'*1-3&!")*,+%"'*1-&):'&7+#1*&@%"(8
;%(*,(3&;-'"*(&)'1&'&1"1%&'"%5'-8&!"&,(F15'*3&5(7'*(,%'8%M',('&()*(&*,'");2,7',('&7'*(,%(%&;%M%#(/&5(& K+,'#1-M&T"(.,%&'&7.)*&.&"(?-%=("6+&'&)'3&.,%&.&!"#(,#',(3&-'&#',(&!-&)1;1"('1&#(%&5',%3&#'&)+:<&
"'*1,+&7%"(,'8+/&0(-(*'8+&2,%&'"%7'8+/&!"&;81%5(8(&)'8(&#2,()41"M+*2',(/&3%&'42%&*,'");2,7',('&!" & !"/(6(&)+&7%(&5'%&'*("*&#1&*,1;1-&)+18&I-*(.,%&'&7.)*&.&;(0(';)+3&;("*,1&#'&*,(#4"0&;,%"&'#()*&7(-&0(&
;81%5&4,%7%*%0/&5%"&#',(&!3%&*,'-&#1&*2'*(&2AE,3%'9 )17(,%"6+&)+&2*%(&;,%"&#(&*,(#(&);%,%*1-&#4"0&"1&;.'*(&%"*,'&!"&;,.;,%1-&)+1&*,1;8&I#(')*+&)17(,%"6+&
$'''$'''$ :#.")%0(,'*+&0(5("6+&0(&5(0%#%%&;+54"*1-1%&:&/%"(&#'&.&%);+2%,(&0%"&*,(#1*3&'&1"(%&?,(2(-%&'&01$1-1%&
!5;.*,%/'&';,.';(-(&)+13&.,%&!5;.*,%/'&-(?%-.,&.,4"01%*(8
UZV >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',* ?271"%#+,%&5%"&?(, UZW

9("*,1&#+ & *(:'5&6%"1* & 0()*1-3& 5+ &01#&2%& !6%&);1"A&G' &,(/(0(,(3 &#4"0&!6%& /.% &5'% &0(;+"'& #& P'*+-1%&U(1&)1"*&H,('*.,%%&0(&1"%/(,)1,%8&o,'6%%&U(%&"1&5'%&#."01#3&S%&'1&7.)*&#'&*%"(&.0%"%.',+3&
#1".2*%"6(-(&5(-(3&)'1&/.,&/("%&'-6%%3&)1;(,%.,%&5%(Q&#1&*.6%%&0%71F4"01:6%&#1".2*%"6(-(&H(,1-1%3&"(#()'& 01;+&'#(('&')(5("%&U%(&/('#1,%&"("15+,'*(&'1&7.)*3&%',&'F%&S%&)1"*&I=1*+*.,%%&5',(-1%&".)*,1&P'*+3&
!"*(5(%(,%%3&;(&*.*&!"*%")1-&;+54"*1-1%3&'&5',(-1%&*(5;-1&/%%*.,3 &*(5;-1-&2*%%"6(%&2%&',*(%& 0%/%"(& H.")*,1#*.,%%&.;(,(-.,&K'-(8&C(&;(&/,(5('&#4"0&'5&7.)*&2%&S1&;,%"&-15%-(&7%F%#(&'1&*,(#1*&5%-%',0(&
d(74818&7',(81%&F5(0+,9 0(&'"%&0%/%"%3&1"%*'*('&G.,&0(&5+)1,+&'&*%5;1-1%3&0(&5%-%.'"(&0(&.,%&5'%&5',(&0(#4*&'"1-&).-',3&%',&
'#()*'&0(&F(#%&0(&5%%&0(&.,%&5'%&5',(&0(#4*&'"1-&?-.@1-1%&*+18
:U+,%*(&C.'5"(3&C%/%"1-&H(,1,%-.,&".')*,(3&P13&7+#+*.,1-&K.',(-1%&2%&'-&'#()*.,&0.1+);,(F(#(&
5',%&;-'"(*(3&0(&#(&'#15&P1&"1&5'%&#,((F%D&C(&#(&'%&,+5')&'%#%&2%&"1&'%&;+,+)%*&K.',(-(&2%&'#()*(&
R(,',$%'&#(,(')#+ ;-'"(*(&;("*,1&'&P(&01#(&#1&o,'6%%&P+%&!"&)4"1-&P'*+-1%&#(,()#&2%&'&"(&-+)'&;(&".%3&'#(2*%'&5'%&5%#%3&
)+&#."01#(5&7,1#*1-&51"#%%&P'-(&0%/%"(D
:o,'*(&:&5%:'&,+);1")&C.5"1-3&5',(-(&7.)*&R)1)e:&'0(/+,&?,+%()#&/.1+&#+&S1&)1"*&5'%&5%#&0(#4*&
C%"&'"*%#$%*'*(& 2%& ;4"+& !"& F%-(-(& ".')*,(& .51-& '& '7%,5'*3& !"& 5.0& %"#."2*%("*3& #+& 7%(#',(& ;.;.,& W%0%*.,%%&#',(&'1&-1#,'*&-'&'#()*&)%)*(5&;-'"(*',8&!"'%"*(&0(&'&7%&7.)*&#(('&#(&)1"*&'F%3&S1&'5&7.)*&
',(&1"&015"(F(1&'-&)+18&H1&.#'F%'&;,%51-1%&,+F@.%&5."0%'-3&!5;+,'*1-&w%-$(-5&'&);1)A&B9.;.,1-& #(('&#(&(2*%&*1&'F%A&1"&15%-&#."01#+*.,&0(&;-'"(*+3&!"*,:1"&'-*&)%)*(5&'-&'#()*1%&"(5+)1,'*&1"%/(,)3&
?(,5'"&',(&015"(F(1-&)+1&2%&(-&"(&/'&'=1*'&)+&#42*%?+5&,+F@.%1-E8&o+,+&)+&2*%(3&(-&);1"('&1"&'0(/+,8 2%&'5& '/'")'*&;4"+&-'&?,'01-&0(&9+)*., & ).-',&)'1& 0(& ')*,18&H15& !")+& *.'*(& ')*,(-(&!2%&'/('1&
G'&,4"01-&)+13&;.;.,1-&(/,(1&'7%,5+&0%"&/(#$%5(&#+&!-&',(&;(&C15"(F(1-&)+18 #."01#+*.,%%&-.,3&P'*+-&".)*,1&)1;,(5&'&#,('*&1"&'-*&)%)*(5&;-'"(*',3&;(&'#()*'3&!"&7,1"*('&#+,1%'&
J.%3&#(%&0%"&);'6%13&);1"(5&'#(-'2%&'0(/+,&:&0',3&!"&5.0&#."2*%("*&:&2%&'"15(&#+&'/(5&;(&5',(-(& U:'&;1)&;(&U%"(8&U',(-(&H,('*.,&*,(@1%(&)+&#,((F(&#."*%"113&#+#%&.&0'*+&#1&#,(',('&0(&01$1,%3&
".)*,1&P(,()*,%'"3&;(&5',(-(&".)*,1&C%/%"3&N1/(,"'*.,1-&9+54"*1-1%8 9+,%"*(-(&".)*,1&*,(@1%(&)+&#,((F(&2%&#')(-(&-.,3&1"0(&)+&*,+%')#+&2%&)+&'/'")(F(8
[("(,'*1-&".)*,1&P(,()*,%'"3&!"&*.'*(&#1/4"*+,%-(&K'-(3&"(&);1"(A&BS1&"1&7'#&'-*#(/'&0(#4*&(L(#1*& !"'%"*(&#'&P'*+-&U(1&)+:U%&0+,1%')#+&'#()*&)%)*(53&'&7.)*&"(#()',&#'&/('#1,%&0(&'"%&0%/%"%&)+&)*'1&
.,0%"(-(&P'*+-1%&U(1&#(,()#3&'-(&5',(-1%&C15"(F(13&7.)*1-&".)*,1&0(&.0%"%.',+&R)1)E8 ;(&).',(-(&0(&#',(&';',6%"('&;-'"(*'&U('8&I#.-.&'5&)*10%'*&#(-(&#(&*,(@1%(&)+&#1".')#+&1"&N1/(,"'*.,&
G'&,4"01-&K+13&5',(-(&R)1)&,+);1"0(&#(-.,&#',(&!-&!"*,('@+A&BS1&"1&7'#&0(#4*&)+&(L(#1*&.,0%"(-(& ).-',8&H4"0&)*10%%-(&U(-(e&):'1&*(,5%"'*&2%&#4"0&P'*+-&'#(-1%&')*,13&N1/(,"'*.,1-&'#(-1%&)%)*(5&).-',&
P'*+-1%&U(1&#(,()#3&C15"(F(1-&C15"(F(%-.,&0%"&1"%/(,)3&5',(-(&I,$%*(#*&H,('*.,E8 '&=10(#'*&#+&S13&o%1-&K+13&)1"*&0(5"&0(&'&;.)(0'3&-'&,4"01-&U(13&1"&')*,1&')(5+"+*.,&#1&'-&G1%3&U%:
R'*+3&7,'*(&0,'?+3&%(,',$%'&C%/%"%-.,&".2*,%&%1@%6%&2%&/("(,'6%8&J.%&#1".'2*(5&*.'*+&)#','&%(,',$%#+&'& '&F%)A&lo%1-(3&'&/("%*&/,(5('&)+&P(&!"*.,#%&!"&)4"1-&G1%&I0'5&2%&I@,'$'53&0(&1"0(&'%&;-(#'*3&0%"&
7%%"6(-.,&#."-.#1%*.',(&;(&'#()*&?-.@8&H1".'2*(5&2%&P,."1-&',?%"*%1&'-&C%/%"%*+6%%&".')*,(&*(,%("(3&#(-& "(?1,'&!"0(;+,*'*+&'&5%-%',0(-.,&0(&'"%8&Ñ"*.',#(:P(&'#.-.&2%&;1"(:P(&-'&0%);.F%6%'&5',(-1%&H,('*.,&2%&
5'%&5',(&);%,%*&'-&9+54"*1-1%3&#',(&#1&0,'?.)*(&;+)*.,(2*(&;()*(&.%6(-(&01$1,%&'-(&'#()*(%&;-'"(*(8&J.%& S-&!6%&/'&.,0."'&#(('&#(&*,(@1%(&)+&7'#%3&#4"0&/(%&7%&#."01#+*.,&0(&)%)*(5&;-'"(*',n8
!-&"15%5&C15"(F(1-&;-'"(*(%&9+54"*8 :P'*+-&5(1&%1@%*3&9+)*.,1-&51-*&%1@%*&'-&'#()*1%&)%)*(53&"1&;.6%&)+:5%&);1%&#(&',(&)+&7'#+&P'*+-&
I2'0',&-'&".%&(L%)*+&.&'-*+&.,0%"(&).#%'-+3&'-*(&).5%*+6%&);%,%*1'-(3&'-6%&)7%"6%8&I#()*(&).5%*+6%& )1;,(5&#1&5%"(D
#(,(2*%&"(&'01#&-'&#1".2*%"6+&(/.-16%'&/%%*.',(&'&5%#1-1%&".)*,1&?-.@&;-1*%*.,&!"&%5(")%*'*('&"(5+)1,'@%-+& :o%1-(3&S1&2*%1&#(&',(&)+:6%&);1"+&2%&7'#+3&5',(-(&H,('*.,3&0',&"1&'5&/.%(&)+:6%&/.,@()#&0();,(&
'&1"%/(,)1-1%&".)*,18&C(&-'&(%&);%#1%53&'01"+5&#1".2*%"6(3&#'&2%&;1%%&)(5%"6(-(3&0',&#(&?,(1&?+)%5& '#()*('8&P13'#15&(2*%&(?'-&#1&U%"(3&#+#%&/(%&7%&2%&*1&1"&#."01#+*.,&0(&')*,18&H(&U+&!"*,(@%&"1:U%&
'#()*(&@.'@(3&#+#%&0(2%&)1"*&51-*(3&"1&-(&;1*(5&0%?(,'&;(&*.'*(8&G%;)'&5('&0(&)1;(,%.,%*'*(&"1:5%& ';',6%"(3&#%&P'*+-1%&".)*,1&'-&*1*1,.,8&J15'%&S-3&5',(-(&I,$%*(#*&'-&-15%-.,3&6%&-(&;.'*(&);1"(8&P1&
;(,5%*(&)+&0%?(,&.&5',(&#'"*%*'*(&0%"&'#()*(&@.'@(3&0%"&'#()*(&7,1#*(&,.0%*.',(&0(&#1".2*%"6(8&G1#,+,%-(& '#15&2*%%&#15&)(&#."01#(&1"&)%)*(53&#1".2*%&#15&*,(@1%(&)+&(/.-1(F(&.&;-'"(*+&0%"&;1"#*&0(&
%"*(-(#*1'-(3&#1".2*%"6(-(&,(7(,%*.',(&-'&1"%/(,)&)1"*&$,'"'&)17-(*(-.,&".')*,(8 /(0(,(&5.,'-&2%&7%F%#&2%&#15&)+&(/.-1(F(&01$1,%-(&0(&;(&(-(3&0',&!"#+&"1&#1".2*%&#15&)(&#,(('F+&
J.1+3&01$1,%-.,&0(&?,'01-&5(13&"%&)(&;(,5%*(&)+&-1+5&#1".2*%"6+&0(&(/.-16%%-(&;-'"(*',(8 1"&)%)*(5&;-'"(*',3&#15&'1&7.)*&#,('*(&;1F0(,%(&0(&5%-%',0(&0(&)%)*(5(&2%&5%-%',0(&"()74,2%*(&0(&
H.;%%-.,&/.2*,%&0%"&2#.'-'&;,%5',+&-%&)(&);1"(&#+&;+54"*1-&2%&!"*,(?1-&1"%/(,)&'&7.)*&#,('*&0(& ;-'"(*(8
5',(-(&H,('*.,&!"&2';*(&F%-(8&K+,5'"%%&#.;%%&#%*()#3&!"/'6+&2%&0'*.,%*+&7,'?(0(%&-.,&%"*(-%?("6(&!"*1"(#'*+& S13&7,'*(3&'5&')%)*'*&-'&#,(',('&'#()*1%&')*,1&2%&'&'#()*.,&;-'"(*(&'-(&U(-(8&U',(-(&I,$%*(#*&H,('*.,&
0(&,(!"*,1;',(&2%&0'*.,%*+&"(;1*%"6(%&0(&'&#(,#(*'&2%&/(,%7%#'3&#,(0&!"&'#(')*+&'@)1,0%*'*(8&9(&5+)1,+&#(& U%:'&#.51"%#'*&#4"0&(,'5&!"&)4"1-&K+13&!"&K7(,'&0%/%"+3&#15&)(&"')#&).,%%&2%&;-'"(*(-(3&#15&*,+%()#&2%&
#,()#3&%"*(-%?("6'&-%&)(&-15%"('F+&2%&'5%"*%"01:2%&0(&?.?.,%6(-(&!"/+6'*(&!"&.,(-(&0(&,(-%?%(3&(%&)(& #15&5.,8&lC1:P(&:&U%:'&);1)&'*1"#%&P'*+-&:&#1&o,'6%%&P+%&0(&'%#%&0(&-'&U%"(3&0%"&K7(,':G'@.,'*.,3&!"&
,+F@1"+&;(&"'%/%%&#',(&%:'1&!"/+6'*&')(5("('&'@)1,0%*+6%3&0(/("%"0&%"0%7(,("6%&7'6+&0(&7(6(-(&@%)(,%#(2*%8 );'6%1-&1"0(&S1&/.%&.,0."'&2%&S%&/.,&-1#,'&!5;+,+6%'&P'8&P1&)+&1,5+,(2*%&;(&o,'6%% &P+%&W%0%*.,%&0(&
H.;%%%&.@)(,/+&#+&*(.,%%-(&2%&#1".2*%"6(-(&.'5("%-.,&0(&2*%%"6+&)(&@'*&#';&!"&#';&#1&!"/+6+*1,'& 1"%/(,)1,%3&#15&7'#&2%&#(('&#(&/(%&/(0('&6%"(&5%"*(8&H4"0&')*,1-&P+1&2%&;-'"(*(-(&;(&#',(&S%&-(&/.,&
#+,6%-.,&)#,%)(&0(&;,(.6%8&P'*+:<&;(&@%(*1-&;,(.*&"(2*%1*.,&;1)&!"*,:.&)%*1'6%(&7.',*(&?,('&!"&7'6'&(-(/%-.,& #,('&/.,&51,%3&P1&/(%&,(/("%&-'&U%"(&2%&'*1"#%&/(%&7%&1"'&#1&o,'6%%&P+%&0(&'%#%3&W%0%*.,%&0(&')*,(3&2%&/(%&
5'%&5',%3&0%"&1-*%5(-(&#-')(&0(&-%#(18&C%"&"(7(,%#%,(3&'#(')*+&%?".,'"6+&7'#(&)+&)(&0%)*,1?+&#,(0%"6'&2%& 7%&(?'-&#1&S%8&C1;+&'#(('&"1&/(%&5'%&'/('&')*,1&0(&#."01)&!"&/(#%%&/(#%-.,&2%&/(%&'=1"?(&2%&P1&
2*%%"6'&!"&(L%)*("6'&5',(-1%&2%&'0.,'*1-1%&".)*,1&P'*+&0%/%"8 W%0%*.,1-&U(13&;,(#15&S%&)1"*&(?'-%%&U(%&!"&#,('6%(3&2%&'%#%&#1&S%&!"&)4"1-&U(1&/(%&*,+%8&C1:P(3&;,%"&
S)*(&'0(/+,'*&#+&;,(.*1-3&#$%',&0'#+&',&#1".'2*(&I0(/+,1-&".)*,1&#(,()#3&"1&',&;1*('&!"#+&)+:<& 1,5',(3&o%1-(3&2%&'2*(';*+&-'&#,(',('&-15%%&P'-(&2%&01;+&#(&.&/(%&/(0('&7+#1*+3&#."01:.&;,(#15&P(:'5&
0(F/+-1%(&!"&!"*,(?%5(3&'/4"0&!"&/(0(,(&5%"*('&"(#.';*+&'&5%#1-1%&2#.-',8 !"/+6'*8nE
!"&!"/+6+*1,%-(&;,%5%*(3&"%&):'&/.,@%*&2%&0();,(&#,('6%'&9+54"*1-1%3&;,(#15&2%&'&1"%/(,)1-1%&!"*,(?8& R'*+3&7,'*(&;+54"*('"3&1"&5%#&;')'=&0%"&5',('&".')*,+&p%@-%(3&0%"&5',('&#',*(&'&#,('6%%-.,3&'&
H,('6%'&'&"(#()%*'*&"1&2';*(&F%-(3&#%&5%-%',0(&0(&5%-%',0(&0(&'"%8&U',(-(&".)*,1&P(,()*,%'"&"(:'&);1)& P'*+-1%&".)*,1&#(,()#8&C.5"1-&)+&"(&@%"(#1/4"*(F(&;(&*.6%8&I5%"8
!"*,:1"'&0%"&;,(-(?(,%-(&K'-(A&BS13&9+)*.,1-&/.)*,13&%1@%*.,1-&/.)*,1&P'*+3&)1;1)&.,0%"(-.,&5',(-1%&
5(1&N1/(,"'*.,&).-',3&"1&(L%)*'5&;(&#4"0&):'1&7+#1*&'#()*(&%"7%"%*(&#.,;1,%&#(,(2*%8&U',(-(&5(1& H # # #
K*+;4"3 & "15%* & ;( & 9+54"* & R)1) & H$,%)*.)3 & N1/(,"'*.,1- & '#()*., & 0( & /.% & -.#1%*( & ;-'"(*(3 & 5%:' & F%)A&
lR1@%*1-&U(1&7,'*(3&#4"0&S1&'5&7+#1*&'#()*(&;-'"(*(3&0%"*,(&#',(&;(&'#(')*'&6%:'5&0+,1%*:.&)+&.& P.*1-&!"#(;(&#1&"15+,1-&1"1&2%&)(&#."*%"1+&);,(&%"7%"%*8&P.*1-&!"#(;(&#1&'&2%&1,#+&);,(&#.3&);,(&
#."01#%3&*1&"1&(L%)*'%&;(&'%#%3&#%&F+#('%&!"&)4"1-&-1%&I@,'$'53&'0%#+&!"&)4"1-&0%/%"1-1%&U(1&K*+;4"n8& %"7%"%*8
S13&;+)*.,1-e&9+54"*1-1%&"1&(,'5&'%#%&!"&5.5("*1-&#,(+,%%&)'-(DM&I*1"#%&5%,'*3&'5&!"*,(@'*A @4%,%*18&7%"(,'8&'&(/.-1'*&;(&*.'*(&7(-1,%-(&0(&;-'"(*(&).-%0(&0%"&1"%/(,)8&H4"0&'&*(,5%"'*&)(,%'&
:C.'5"(3&!5;+,'*&'-&'#()*(%&/')*(&!5;+,+6%%&).-',(3&(1&"1&(,'5&0(&7'6+&-'&#,(',('&9+54"*1-1%D #.5;-(*+&0(&5%"(,'-(&0%"&-15(&0(/%"(&)4%,%*&0(-(*'89&I"%54"0&1"&*,1;&0(&;-'"*+3&);%,%*1-&/(?(*'-&/'&
:o%1-(3&'0(/+,&?,+%()#3&*1&"1&(,'%&0(&7'6+&;("*,1&#+&"1:U%&(,'%&"(#()',8 *,+%&2%&(/.-1'&;,%"&*.'*(&7(-1,%-(&0(&;-'"*(&0(&;(&*.'*(&?,'0(-(&0(&;-'"(*(&0%"&1"%/(,)3&;1,*+*.',(&0(&
:!"&?("1"#$%&)*4"03&(13&"(;1*%"#%.)1-&P+1&)(,/3&.3&C.5"1-&5(1&%1@%*3&!"0,+F"()#&)+&P(&!"*,(@Q& /(?(*'6%(3&%',&#4"0&/'&*(,5%"'&!"*,('?'&)(,%(&:&0(&-'&#(-(&5'%&).-%0(3&;4"+&-'&#(-(&5'%&(*(,%#(&:/'&
U+,%'&P'3&)%"?1,&'%&7+#1*&'#()*(&;-'"(*(&'-(&!5;+,+6%(%&P'-(D 0(/("%&)4%,%*&'"%7'89&I#(('2%&7%-%(,+&.&/'&1,5'&2%&01$1-&'"%5'-&0%"&;-'"(*+&!"&;-'"(*+&2%&0%"&)%)*(5&!"&
:J13&7%1-(3&"1&-(:'5&7+#1*&)%"?1,3&#%&!5;,(1"+&#1&G1#,+*.,%%&P'*+-1%&U(18
)%)*(53&;4"+&-'&7.,5(-(&#(-(&5'%&)1@-%5(&0(&'"%5'-3&#4"0&/'&0(/("% &51$&17'"9 &I#(('2%&)#',+&0(&
= (/.-16%(&.&/'&1,5'&2%&01$1-&15'"Q&#4"0&)#','&(/.-1*%/+&15'"+&/'&7%&1,#'*+&#.5;-(*3&01$1-&15'"&/'&
:C',&#15&(,'1&'#(2*%&G1#,+*.,%3&0(&1"0(&'1&/("%*3&#%"(&(,'1&2%&1"0(&)1"*&S%&'#15D 7%&,%0%#'*&-'&,'"?1-&0(&!"-(,&48'"(*',9&G'&!"#(;1*&/'&7%&!"?(,&;(&.&;-'"(*+&%"7(,%.',+&0',&/'&'/'")'&;(&
:o%1-(3 & *1 & (2*% & '#15 & N1/(,"'*.,1- & ;-'"(*(% & 9+54"*3 & 0', & H,('*.,3 & W%0%*., & "1 & (2*%8 & P1 & (2*% & |& ,4"0&#'&!"?(,&;-'"(*',&;(&*.'*(&#'*(?.,%%-(&0(&;-'"(*(&0%"&1"%/(,)3&0(/("%"0 &-10(,"'*2,&48'"(*',9 &
H."01#+*.,1-&)1;,(5&'-&'#()*(%&;-'"(*(3&#',(&()*(&;,.;,%(*'*('&U('3&0+,1%*+&0(&P'*+-&U(1&2%&o,'6%%& H."01#+*.,1-&;-'"(*',&)'1&*(,()*,%'"&/'&;(,(?,%"'&;,%"&;-'"(*(&0(&*.'*(&?,'0(-(3&0(/("%"0&"-(,&)28',9 &
<&U(%&5'%&5',%&2%&;(&#',(3&-'&,4"01-&U(13&6%:'5&0+,1%*:.&6%(8&o,'6%%&U(%&0%"&K7(,':G'@.,'*.,3&o%%%&= H1&'#()*&,'"?&/'&(/.-1'3&,4"0&;(&,4"03&;(&*.'*(&#'*(?.,%%-(&0(&).,%&2%&01;+&*(,5%"',('
UZX >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&a&F&521'&#',*(
?271"%#+,%&5%"&?(, UZY
'#()*(%&"()74,2%*(&2#.-%&).-',(3&/'&0(/("%&Q10(,"'*2,&)28',/&#2"51#+*2,&5(&)%)*(7&48'"(*',9&P,(;*(-(&
)(&1,#+&5(,(13&*.*&5'%&)1)3&;4"+&-'&o%%"6'&)1;,(5+&#',(&'&#,('*&*.*1-8 U',(-(&9+)*.,&:&#1".)#4"0&5(,)1-&/%(6%%&*(,()*,(3&;,./.#'*+&0(&(5%?,+,%&0(&01$1,%3&2*%%"0&#1&5%%&
0(&'"%&!"'%"*(&#(&',(&)+&)(&;(*,('#+&;,%"*,(&.'5("%%&*,1;(2*%&:&'"1"6+&0%"&/,(5(3&;,%"&;,.7(6%%&K+%3&
".1'&K'&/("%,(8&P.6%&0%"&);'6%1&!-&'05%,+3&!-&'0.,+&;("*,1&)'#,%7%#%1-&K+13&0(&'&#.@.,!&0%"&N-.,%'&
H(,1,%-.,&!"&".,.%1-&/%(6%%&15'"(3&;("*,1&'&0'&.&".1+&0%,(#6%(&5.,'-+3&54"*1%"0&-15('&;("*,1&.&@1"+&
C(&#(&'&/("%*&;(&9+54"*&5',(-(&N1/(,"'*.,&).-', ;(,%.'0+&0(&*%5;&0(&)17(,%"6'&;,.01)+&0(&%?".,'"6+8
H4"0&!"*,:.&;',*(&'&;+54"*1-1%&#."01#(,('&'=1"?(&;(&54"'&01$1,%-.,&,.2%%&:&#15&'&7.)*&R5;(,%1-&
c.5'"3&#."01)&0(&!5;+,'6%3&01$1,%&,.2%%3&#',(&)(&!"*,(#('1&;,%"&#,1F%5%&2%&#,%5(&:&()*(&"(#()',&)+&
R"*,1;4"01:)(&)1@&"15(-(&0(&R)1)&H$,%)*.)3&5',(-(&".)*,1&9+)*.,&).-',&"1&'&#.@.,4*&;("*,1&;,%5'& #.@.',(&N1/(,"'*.,1-&).-',&;("*,1&'&7."0'&.&".1+&,(-%?%(3&*,(#4"0&;1*(,('&01$1,%-.,&,.2%%&!"&54"'&
.',+ & ;( & ;-'"(*' & ".')*,+3 & #',(:% & ';',6%"( & !5;,(1"+ & #1 & 51-*( & '-*(-(8 & S/.-16%' & ;-'"(*(% & 2% & (/.-16%'& '-@'2*,%-.,3&2%&#$%',&'&'-@%-.,3&#4"0&):'&!")#+1"'*&,(-%?%'&#,(2*%"+8&H4"0&*%5;1-&/'&/("%&0%"&".1&:&2%&"1&
C.5"1-1%&".)*,1&'&"(#()%*'*&!"*,1;',('&K'&;,%"*,(&.'5("%8&9,(#15&*13&0,'?+&7,'*(3&"(&!"*,(@%&0'#+& (&;,('&0(;',*(&:&C.5"1-&".)*,1&/'&,(/("%&;(&".,%%&K+%&)%5@.-%#%&2%&)(&/'&!"*,1;'&0%"&".18
N1/(,"'*.,1-&).-',&):'&!"*,1;'*&0(&5'%&51-*(&.,%&;(&;-'"(*(-(&K'-(&:&'5&;1)&2%&".%&'#(')*+&!"*,(@',(& H(%&5',%&0(&-'&".%3&)1@&;,()*',(&0(&=1,+54"*3&'7%,5+&#+&N1/(,"'*.,1-&).-',&'&5'%&7.)*&;(&;+54"*&
C.5"1-1%&).-',3&'*1"#%&#4"0&'&7.)*&!"&H(,1,%-(&".')*,(8&B&?24%%b&:&"(:'&,+);1")&C.5"1-3&!"&,',(-(&K'-(& )1@&"15(-(&0(&5',(-(&t,%)$"'&2%3&5'%&!"'%"*(&0(&'#()*'&c'5'8&p%"(#1/4"*'*&7%(&"15(-(&%"7%"%*1-1%&
;,(-(?(,%&:&3%&R1&'7&(0281'*&#'&02%9&@+&"1&1%*'.%&#+&3%&R1&'7&;2)*&25'*+&')(7("%&021+9k P'*+&0%/%"&#+&"(&*,%5%*(&')(5("('&)*,+-1#%6%&K-1=%*.,%&#'&)+&54"*1%')#+&)17-(*(-(&".')*,(8&I5%"8
I*1"#%&)17-(*(-(&".')*,(&):'1&15;-1*&0(&7(,%#%,(&2%&0(&);(,'"6'&#+&*,(#4"0&2#.'-'&-15%-.,&;-'"(*',(&
/.5&'=1"?(&2%&".%&!"&)*,+-1#%,('&;,(')-+/%*1-1%&".)*,1&9+)*.,&).-',8&C(&'#(('&#4"0&"(&!"*,1;+53&*.'*+&
);(,'"6'&".')*,+&()*(&!"&S-3&!"&P'*+-&".)*,1&#(,()#3&#+,1%'&"(&'0,()+5A&C.'5"(&@%"(#1/4"*('F+:"(&2%&
'=1*+:"(&)+&!"0(;-%"%5&5%)%1"('&#1&#',(&"(:'%&!"/,(0"%#%*8 H.5@%"',(':2%&')%5%-',('&7-1%0(-.,
[+F4"01:"( & 2% & '1F%"01:"(3 & 5'*(,%'-%2*%% & ".2*,% & ,40 & 0( & ".% & );1"4"0A & Bp%?.6%-.,3 & "1 & )( & .#1;+&
H,('*.,1-&0(&7-('#1,%-(&/.')*,(8&K-1=%*.,%%&'-*',(-.,&!2%&@'*&=.#&0(&/.%&2%&/+&);(#1-('F+&#,(0%"6'8E&H1&
*.'*(&'#()*('&".%&2%&/.%&'5&!"?("1"#$%'*&5(,(1&!"&7'6'&'-*',(-.,3&2%&"(#+=%6%&2%&'5+,46%&'5&%5;-.,'*& K(,%'&7-1%0(-.,&0%"&"'*1,+&()*(&%"7%"%*+3&7%(#',(&'/4"0&.&'"15%*+&#'-%*'*(8&S-(&)(&;.*&#.5@%"'&!"*,(&
'=1*.,1-&9+,%"*(-1%&#(,()#8&J.%3&#(%&0(&'%#%3&!"&#."/.,@%,%-(&".#*1,"(&;1,*'*(&#1&/.%3&#4"0&;+,+)%6%& (-(&#'&2%&(-(5("*(-(&#$%5%#(3&04"0&"'2*(,(&-'&.&%"7%"%*'*(&0(&#.5;12%&#1&!")12%,%&0%7(,%*(8&I2'&0(&
*,1;1,%-(&/.')*,(3&/+&;./+61%5&!"&#%10'&5'*(,%'-%2*%-.,&".2*,%&#(,(2*%&)+&#(,(6%&#1&);1"(,(&2%&15%-%"6+& (L(5;-13&)(&;.'*(&#.5@%"'&7-1%01-&5%"(,'-&#1&#(-&/(?(*'-&2%&7-1%01-&/(?(*'-&#1&#(-&'"%5'-8&9,%"&
'=1*.,1-&C.5"1-1%8 1,5',(3&7-1%0(-(&)1"*&.,%&-%@(,(3&.,%&#.5@%"'*(&!"&0%7(,%*(&5.01,%&!"*,(&(-(8
!"&-15('&".')*,+&-'&7(-&#'&!"&'&/.')*,+&(L%)*+&0.1+&*'@(,(A&5'*(,%'-%2*%%&2%&);%,%*1'-%2*%%8&U'*(,%'-%)*1-& C1$1-&5%"(,'-&()*(&7.',*(&5%#3&;,%"&1,5',(&()*(&!").6%*&0(&#'"*%*+6%&5%#%&0(&7-1%08&C1$1-&/(?(*'-&()*(&
".)*,1&#4"0&)(&/'&!"*,1;'3&=.)&;(&;+54"*3&"1&/'&/(0('&2%&#,(0(&0(#4*&!"&#(-(&#(&.7(,+&;+54"*1-Q&/'& !"#."=1,'*&0(&1"&;(,%);%,%*&#',(&;.'*(&7%&7.',*(&5',(3&01;+&5+,%5('&#.,;1-1%&7%F%#&'-&;-'"*(%8&!"&'7',+&
0( & 7-1%01- & ;,.;,%1& /(?(*'-3 & ;(,%);%,%*1- & ;-'"*(% & #."6%"( & . & #'"*%*'*( & @.?'*+ & 0(& 7-1%0( & 5%"(,'-(8 &=" &
54"#'3&@('&2%&;(*,(#(3&#.")%0(,4"0&#+&/%'6'&*(,()*,+&(&0'*+&;("*,1&'&7%&*,+%*+&#4*&5'%&%"*(")&;,%"&*,1;8& )*'5%18&'#*1'8&'8&C+7E"*181%&1"&;81%5&0(-(*'8&"1&)(&7'%&42'*(&*,'");2,7'&!"&;81%5&'"%7'89 &U%(-1-&
K;%,%*1'-%)*1-3&.,%#4*&0(&15%-%*&2%&'5+,4*&/'&7%3&!2%&/'&,%0%#'&.#$%%&#+*,(&H(,&2%&)(&/'&,1?'3&%',&/%'6'&)'& 5+"4"#+&%',@+&2%&?+%"'&@.'@(&0(&;.,15@3&'"%5'-(-(&0%?(,+&#.,;1-&5'*(,%'-&).-%0&'-&;-'"*(-.,3&0',&"1&
*(,()*,+&/'&7%&!"6(-(';*+&2%&;-%"+&0(&5%-+&7'6+&0(&01,(,('&'-*.,'8 ;.*&')%5%-'&7-1%01-&#',(&-(&!").6(2*(8&o-1%01-&5%"(,'-&)(&#.5@%"+&!"&0%7(,%*(&5.01,%&#1&7-1%01-&/(?(*'-3&
a51-&"(2*%1*.,&);1"(&#+&1"%%&.'5("%&)1"*&".,.#.2%3&%',&'-6%%&?$%"%."%2*%8&H1".)#+*.,%%&*'%"(-.,& .@6%"4"01:)(&/',%(*+6%&0(&;-'"*(3&0',&7-1%01-&/(?(*'-&"1&)(&;.'*(&#."/(,*%&!"&7-1%0&'"%5'-&)'1&15'"8
#(,(2*% & 2*%1 & #+ & "1 & (L%)*+ & 7'/.,1,% & 2%& !"*45;-+,% & !" & -15(3 & #% & ;-'*+ & 2%& ,+);-'*+3 & (/.-16%( &2% & ?,'0 & 0(& 8&U%"(,'-1-&()*(&!"&;+54"*8&I;'&;-.%-.,&!-&7'#(&-%#$%03&!-&0%F.-/+3&%',&;-'"*'&'@).',@(&5%"(,'-1-&!"&
5%)%1"(8&a51-&"1:2%&0'*.,('F+&)*',('&)'&"%5+"1%3&#%&"15'%&-1%&!")12%8&I2':"15%6%%&0(F5.2*("%6%&'%& *,1;1-&)+13&;("*,1&'&)(&$,+"%8&C',3&.&0'*+&#1&5%"(,'-1-&).-1@%-3&;-'"*'&'&'@).,@%*&!"&*,1;1-&)+1&2%&7-1%0&
).',*(%&"1&)1"*&0(#4*&!"*4,F%'6%&!"&5(,)1-&(/.-16%(%&)'1&#(%&#',(&'1&!"#+-#'*&-(?%-(&#(,(2*%8&S%&)1"*& 5%"(,'-3&#',(&)(&'-+*1,+&7-1%01-1%&/(?(*'-3&-1'*&0%,(#*&0%"&'*5.)7(,+&;("*,1&,(?("(,',('&#.,;1-1%&/%*'-&
/%#*%5'&?,(2(-%-.,&-.,8 '-&);%,%*1-1%&!"*,1;'*&!"&;-'"*+8&N,'6%(&;,.#()1-1%&0(&'@).,@%,(&'-&7-1%01-1%&/(?(*'-3&0()7+21,'*&7+,+&
SL%)*+&0.1+&7(-1,%&0(&(/.-16%%A&72,'8+&2%&%"*(8(#*1'8+/&7+,+&0(&#',(&"%#%&1"&01$&"1&;.'*(&'/'")'8& .;,%,(3&F%1'&2%&".';*('3&);%,%*1-&2%&;(,%);%,%*1-&/(?(*'-&":'1&"(/.%(&)+&%')+&".';*('&0%"&*,1;1-&;-'"*(%3&
xx"%%&%"0%/%F%&'1&7.)*&7.',*(&$',"%#%&;(&)#','&(/.-16%(%&%"*(-(#*1'-(3&0',&'1&,+5')&!"';.%&#1&!"6(-(?(,('& ;("*,1&'&)(&$,+"%&#1&7-1%0&0%"&);'6%18&K%*1'6%'&)(&)#$%5@+&-'&'"%5'-&2%&.58
5.,'-%*+6%%3&#1&(/.-16%'&5.,'-+8&H4"0&01$1-&,+54"(&!"&1,5'&,%*51-1%&?("(,'-&0(&;,.?,()3&%&)(&';-%#+& I"%5'-1- & 5+"4"#+ & ;-'"*(3 & '0%#+ & 5'*(,%( & 7%F%#+ & !").6%*+ & 0( & 7-1%0( & 5%"(,'-( & 2% & /(?(*'-(3 & #',(&
)17(,%"6'3&#'&)+&)(&0(2*(;*(&0%"&*.,.;('-+&2%&)+:2%&?,+@(')#+&!"'%"*',('8 ,(?("(,('F+ & #.,;1- & /%*'-3 & 0', & "1 & ;.* & ,(?("(,' & #.5;-(* & #.,;1- & ;-'"(*', & '- & );%,%*1-1% & '"%5'-8 & C%"&
9(Z;-'"(*'&".')*,+&)( &7'#(& .&'"15%*+&(/.-16%(3&#',(&#(,(&)17(,%"6+& 2%&)(&;,(F%"*+&)1@&0%7(,%*(& '#(')*+&#'1F+&',&1,5'&#'&;(,%);%,%*1-&);%,%*1-1%&'"%5'-&)+&)-+@(')#+3&;1"4"0&!"&;(,%#.-&/%'6'&#.,;1-1%&
');(#*(&2%&?,'0(8&g'%&)+&?,'0+5&)#','&(/.-16%(%&5.,'-(&')(5("('&1"1%&*(,5.5(*,18&G'&1"&5.5("*& /%*'-&2%&5'%&';.%&'&*,1;1-1%8&9("*,1&'&)(&;,(/("%&)-+@%,('&2%&5.',*('&*,1;1-1%&)+13&'"%5'-1-&',(&"(/.%(&
0'*3&);%,%*(-(&0(&'%#%&0(/%"&;(&)#','&(/.-16%(%&5.,'-(&5'%&!"'%"*'*(3&7(".5("&;(*,(#1*&01;+&#.@.,4,('& )+&0.',5+3&;("*,1&#'&!"&'#()*&*%5;&);%,%*1-3&!").6%*&0(&;(,%);%,%*3&)+&;.'*+&%(2%&0%"&*,1;3&;(,%);%,%*1-&
2%&!"*,1;',('&5',(-1%&".)*,1&K.-',8&!"/+6+*1,'&G1%&'&;,./.#'*&1"&)'-*&5.,'-&0(&<qqÖ8&C1;+&'#(('3& '@).,@%"03&!"#.,;.,4"03&0%"&);'6%1&7-1%0&;-'"(*',&'"%5'-Q&')*7(-&!"*,(5'*&;(,%);%,%*1-3&,(%"*,+&!"&*,1;3&
!"#(*1-&#1&!"#(*1-3&*(,5.5(*,1-&5.,'-%*+6%%&'&)#+F1*3&;4"+&#(&!"&F%-(-(&".')*,(&'&'=1")&-'&<qÖ&2%&5(,?(& ;1*4"0&0(&'#15&'"%5'&#.,;1-&/%*'-&2%&*,1;1-&);%,%*1-1%&'"%5'-8&G'&7(-&)(&;(*,(#(&2%&#1&01$1-&.51-1%8&8&
)#+F4"0&);,(&qÖ3&#4"0&/%'6'&/'&0(/("%&.&;./',+&2%&*,'%1-&1"&%'08&I*1"#%&/'&7%&"(/.%(&)+&#.@.',(&0%"& K( & ;1"( & !"*,(@',('A & H( & ):', & !"*45;-' & 0'#+ & '"%5'-1- & )'1 & .51- & "1 & ', & '/(' & ;.)%@%-%*'*(' & )+:2%&
".1&5',(-(&".)*,1&9+)*.,&;("*,1&'&-15%"'&-15('&#1&-15%"'&R1@%,%%&K'-(8 ;,%5("(')#+&5'*(,%'&7-1%0%#+&'&#.,;1-1%&-.,&/%*'-&2%&;-'"(*',D&!"&'#()*&#'F3&#.,;1-&;(,%);%,%*1'-&'"%5'-&
C.5"1-&/'&#.@.,!&0%"&".13&;("*,1&#+&)17(,%"6'&/'&0(/("%&'*4*&0(&5',(&!"#4*&)1);%"(-(&2%&)*,%?+*(-(& )'1&15'"&2%:',&;%(,0(&*.*&5'%&51-*&("(,?%'&2%&;1*(,('3&;4"+&#4"0&#.,;1-&/%*'-&2%&*,1;1-&):',&!5@.-"+/%Q&
0(&01,(,(&/.,&15;-(&);'6%%-(&'#()*1%&)%)*(5&;-'"(*',3&/.,&'=1"?(&;4"+&!"&K.',(3&#.;-(2%"0&#1&!"*,%)*',(& %',&0'#+&'#(')*+&)*',(&)(&;,(-1"?(2*(&5'%&51-*+&/,(5(3&*,1;1-&5.',(3&'0%#+&);%,%*1-&()*(&"(/.%*&)+&
-15('&!"?(,%-.,&).-',%8&!"&7'6'&'#()*(%&#15;-%*(&=(-'"%%3&!"?(,%%&).-',%&/.,&);1"(A&BC.'5"(3 &='-(&5',(& ;+,+)(')#+&'#(-&*,1;3&!"&#',(&"1&'&'/1*&;.)%@%-%*'*('&)+:2%&,(;',(&F%-"%#&#.,;1-&)+1&/%*'-&2%&;-'"(*',8&
()*(&;(&;-'"(*'&9+54"*8&I1&;-(#'*&0(&'#.-.&01$1,%-(&(/.-1'*(&2%&'1&).)%*&/'-1,%&0(&01$1,%&!"';.%'*(3& g,+"%,('&7-1%0%#+&',(&-.#&!"&*%5;1-&#4"0&*,1;1-&0.',5(8&J1&'*4*&*,1;1-&',(&"(/.%(&0(&).5"3&#4*&5'%&
/%'6'&#(-.,&,+5'2%&'#.-.&0(/("%"0&0(&"()17(,%*8E&I*1"#%&5',(-(&9+)*.,&/'&F%#(A&BU+&/.%&01#(&0%"& '-()&);%,%*1-3&#'&)+&;.'*+&%(2%&2%&)+&!"#',#(&#1&7-1%0&(-(#*,%#&#.,();1"F+*.,&;(,%);%,%*1-&)+18
".1Z'#.-.3&;("*,1&#'&;,%"&)'#,%7%#%1-&U(1&*,1;()#3&;,%"&!"/+6+*1,'&U('&2%&;,%"&(L(5;-1-&,+@0+,%%&U(-(& C%5%"('6'3&#4"0&.51-&)'1&'"%5'-1-&)(&*,(F(2*(&0%"&).5"&;(,%);%,%*1-&)+1&()*(&!"#+,#'*&#1&("(,?%(&
7%F%#(&2%&;)%$%#(&)+:%&!"*+,()#3&)+:%&,%0%#&0%"&%?".,'"6'&!"&#',(&)(&F@'*E8 (-(#*,%#+3&')(5("('&1"(%&@'*(,%%&(-(#*,%#(8&C'*.,%*+&'#*%/%*+6%%&7%F%#(3&@%.-.?%#(&2%&5("*'-(&0%"&*%5;1-&
I2'0',&/("%,('&N1/(,"'*.,1-1%&".)*,1&)1;,(5&'&7.)*&2%&/'&7%&0(*(,5%"'*+&0(&)#+0(,('&5.,'-%*+6%%3& F%-(%3&;(,%);%,%*1-&;%(,0(&0%"&'#(')*+&("(,?%(3&%',&)(','3&'"%5'-1-&)'1&.51-&)(&)%5*(&.@.)%*3&7%%"0&"(/.%*&
"()*4"=("%*+&0(&#."01#+*.,%%&.5("(2*%8 )+&)(&#1-#(3&)+&0.',5+&;("*,1&'&)(&,(!"#+,('8&T"&).5"&0(&.&.,+3&0.1+3&01;+:5')+&2%&#$%',&.&)#1,*+&
C1$1-&;.'*(&)+&'/'")(F(&;(&;-'"&%"*(-(#*1'-&;4"+&-'&?,'01-&0(&01$&'-@3&0',&0'#+&"1&()*(&5.,'-3& '6%;%,(&;(,5%*&01$1-1%&)+&)(&!"#',#(&12.,&#1&.&0.F+&".1+&0(&7-1%03&)%56%"01:)(&')*7(-&@%"(&0%);1)&
/'&'/('&$'%"'&7-1%0%#+&'-@+&;-%"+&0(&;(*(&"(?,(8&S/.-16%'&5.,'-+&()*(&5'%&)(/(,+3&5'%&?,('&0(#4*& ;("*,1&.,%#(&'#*%/%*'*(3&;4"+&".';*('&*4,F%18
(/.-16%'&%"*(-(#*1'-+8&S/.-16%'&%"*(-(#*1'-+&()*(&-+)'*+&-'&-%@(,1-&',@%*,1&'-&01$1-1%3&;(&#4"0&#('&5.,'-+& I&&&&C.,()#&)+&7%(&@%"(&-+51,%*A&;(,%);%,%*1-&01$1-1%&15'"&)'1&'"%5'-&()*(&7.,5'*&0%"&5'%&51-*(&
()*(&'@).-1*&.@-%?'*.,%(8&a,%&0(&#4*(&.,%&?,(2%5&:&7%(&#'&01$&!"*,1;'*3&7%(&#'&01$&0()*,1;'*&:&"%&)(&;1"(& g%/(-%21,%8&C%"*,(&*.'*(&'#()*(&#+5+2%&7-1%0%#(3&"15'%&#.,;1-&/%*'-&15'"&2%&'"%5'-&*,(@1%(&,(;','*
.&".1+&;'*+&;(&'-@1-&%5'#1-'*&'-&?,'01-1%&".)*,18
UZZ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%" & UZ[
?(,

F%-"%#3&F%1'&;',6%'-&:&;,%"&'-%5("*(3&2%&".';*('&;(&0(;-%"&:&;,%"&'@).,@%,(&0%,(#*+&0(&7-1%0&#.,();1"F+*.,& '#()*&?-.@8&G'&7%"(-(&)*'?%1-1%3&0'#+&'&7.)*&!"*,:1"&#."*%"11&;,.?,()3&01$1-&,.21&/'&*,(#(&;(&.&'-*+&
0%"&'*5.)7(,'&!"#."=1,+*.',(8 ;-'"(*+&'&)%)*(51-1%&".)*,1&:&#('&%5(0%'*&1,5+*.',(3&#'&/'-.',(&(/.-1*%/+&:&2%&/'&*,+%8&2%&(/.-1'&;(&('3&
H'&;,.@+&'&'#()*1%&'0(/+,&()*(&7';*1-&1,5+*.,8&a51-&;.'*(&)+&5+"4"#(&.,%#4*3&0'#+&"1&0.',5(& *.*&#'&01$&,.213&'*4*'&*%5;&#4*&"(#()%*+&2#.'-'&'#(-(%&;-'"(*(8&G'&7%"(-(&'#()*1%&)*'?%1&/'&*,(#(&;(&'&
#4*&0(&;16%"&"1&',(&"%#%&.&0%);.F%6%(3&"%#%&.&;1*(,(&0(&51"#+Q8&9.6%&)+:%&0'%&.,%#4*&)+&5+"4"#(3&0'#+& *,(%'3&'&;'*,'3&;(&,4"0&;,%"&*.'*(&;-'"(*(-(&)%)*(51-1%&".)*,13&5(,(1&#'&01$&,.218&H4"0&'&*(,5%"'*&#1&
"1:<&/(%&-+)'&)+&0.',5+3&)(&/'&*.;%&;(&;%#%.',(&2%3&;4"+&-'&1"="+3&/'&'0.,5%&'*4*&0(&'04"#3&!"#4*&;.6%& @%"(&*.'*+&)(,%'&0(&(/.-16%(&;(&;-'"(*(-(&'#()*1%&)%)*(5&)(&,(!"*.',#(&-'&;,%5'&;-'"(*+3&#('&5'%&0(&=.)&
)+:<&*'%&!"&@1#+6%3&#+#%&(-&*.*&"1&)(&/'&0(2*(;*'&#%&/'&*,(#(&!$&-15('&#(-.,&0,(;6%8e '&)%)*(51-1%3&0',&0(&'#(')*+&0'*+&#1&,'"?1-&0(&01$&15'"&'-@')*,18&G'&7(-&/'&7'#(&2%&01$1-&'-@')*,13&2%&
a51-&;.'*(&-1#,'&F%&2%&".';*(3&#1&#."0%6%'&)+&'6%;(')#+&#4*(&.&=15+*'*(&0(&.,+8&!%&0'%&0(&54"#',(& #4"0&/'&*(,5%"'&*.'*+&)(,%'&/'&0(/("%&01$&'-@8
0%5%"('6'&2%&';.%&!-&-'2%&;16%"&)+&0.',5+Q&!-&0(2*(;6%&2%:<&;1%&-'&-1#,18&G'&;,4"F&5+"4"#+&2%&'0.',5(& C',3&(&;.)%@%-&#'&1"&01$&,.213&0(/("%"0&01$&'-@')*,13&)+&;-(#(&0(&;(&1"'&0%"&;-'"(*(-(&)%)*(51-1%&
;16%" & 2% & %', & ( & ;1) & -' & -1#,18 & K(',' & 5+"4"#+3 & 0.',5( & ;16%" & 2% & %', & -1#,('F+8 & G' & 5%(F1- & ".;6%%3 & 0(& ".)*,1&;(&;-'"(*'&1"1%&'-*&)%)*(5&).-',3&#1&'#(('2%&/'-.',(&(/.-1*%/+&#'&)%)*(51-&".)*,13&1"0(&)+:2%&
')(5("('A&54"#',(&2%&).5"3&2%&'#()*&.5&',&;1*('&')*7(-&)+&-1#,(F(&F%&2%&".';*(3&.&)+;*+54"+&!"*,('?+8& 7'#+&2#.'-'&;-'"(*',+&0(&01$&'-@')*,13&;(&*.'*(&;-'"(*(-(&'#(-1%&)%)*(5&).-',3&;4"+&/'&0(/("%&01$&'-@8
a&'-*+&(L;(,%("6+&()*(&2%&5'%&#."#-10("*+8&I0.,5%&1"&.5&;,%"&;')(&5'?"(*%#(3&2%&!"&'#(')*+&)*',(&0(& C(&')(5("('3&01$1-&'-@&;.'*(&(/.-1'&;(&*.'*(&;-'"(*(-(&)%)*(51-1%&)+1&).-',&)'1&;(&;-'"(*(-(&
).5"'5@1-%)5&!-&;1%&)+&*'%(&-(5"(8&S-&/'&*+%'&*.'*+&F%1'&2%&".';*('3&0(&/.,&#1,?(&"+012(-%-(&0(&;(&(-8& '-*1%&)%)*(53&(?'-&!"&?,'0&#1&)%)*(51-&)+1&).-',8
C1;+&#(&'&51"#%*&Vd&0(&.,(3&!-&%(%3&!-&'2(F%&;(&1"&)#'1"&2%&!%&7'#%&;')(&5'?"(*%#(3&!"#+,#4"01:<&0%"& H4"0& 01$1-&'-@&*(,5%"+&*.'*+&?'5'&0(&2#.-%&;-'"(*',(3&/'&7%&,%0%#'*&-'&,'"?1-&0( &51$& !"-(,&
".1&#1&7-1%0&/%*'-3&;4"+&-'&)'*1,'6%(8&I#15&!-&0(2*(;6%&2%:<&!"*,(@%&0'#+&(&.@.)%*&2%&(-&!6%&/'&,+);1"0(&#+& 48'"(*',9
(&;(,7(#*&.0%$"%*8&C'#+&%&)(&/'&',+*'&#4*(&-(5"(&'&*+%'*&*.'*+&".';*('3&"1:%&/'&/("%&)+&#,('0+8&C(&'%#%& P,(@1%( & )+ & 2*%6% & #+ & (L%)*+ & 0.1+);,(F(#( & ?,'0( & 0( & )%)*(5( & ).-',( & 2% & #' & 1,5',( & 0.1+);,(F(#(&
#."#-1F%'A&'#()*&.5&"1&'&54"#'*&"%5%#&2%&*.*12%&'&;1*1*&)+&0()7+2.',(&.&5',(&#'"*%*'*(&0(&("(,?%(3& #'*(?.,%%&0(&;-'"(*(8&a,%#(&01$&'-&9+54"*1-1%&:&,.213&'-@')*,1&)'1&'-@&:&()*(&#$(5'*&)+&*,('#+&;,%"&
;("*,1&#+&'&7.)*&!"#+,#'*&#1&7-1%0&/%*'-&0(&#+*,(&5'?"(*%F'*.,8&U'?"(*%F'*.,1-&'&0'*&7.,6+&#.,;1-1%&)+1& 2#.'-'&-.,3&#1&'-*(&$'%"(3&0(&'-*(&#1-.,%3&;4"+&/'&'=1"?(&0(&-'&,'"?1-&0(&.5&-'&,'"?1-&0(&!"?(,3&#',(&!"&
/%*'-3&2%&;,%"&'#()*'&*,1;-1%8 0(7%"%*%/3&()*(&*.*&.53&0',&#1&1"&?,'0&5'%&5',(8
C',&!"&=1,1-&)#4"*(%%&0%/%"(&)'1&'&);%,%*1-1%&5'%&)1"*&2%&'-*(&!"/(-%21,%&7-1%0%#(Q&'#(-('&"1&)(& C',&)+&"1&1%*'6%&#+&;(&-4"?+&1"%/(,)1-&".)*,1&5'%&(L%)*+&!"#+&'-*(&*,(%&1"%/(,)1,%3&1"0(&;-'"(*(-(&
1F('F+D &I#(-('&"1& *,(@1%(&,(;','*(D &C'3 &71"#6%."4"03&)( &1F('F+&2%&(-(3&"(#()%*4"0&,(;','6%%3&0',& 2%&).,%%&'1&#.")*%*16%%&0%7(,%*(&0(&'-(&1"%/(,)1-1%&".)*,1&2%&!"&#',(&01$1-&/'&;',#1,?(3&*%5;&0(&5%-%.'"(&
,(?("(,',('&-.,&)(&7'#(&-'&%"*(,/'-(&5',%&0(&*%5;3&#1&'*4*&5'%&5',%&#1&#4*&'#()*(&!"/(-%21,%&7-1%0%#(& 0(&'"%3&2#.'-'&-.,&,();(#*%/+3&;4"+&#(&/'&'=1"?(&2%&;(&(-(&!"?(,8&P,(;*(-(&')#(")%1"%%&);,(&?,'01-&0(&
)1"*&5'%&%"*(,"(3&5'%&';,.;%'*(&0(&);%,%*8 !"?(,&)1"*&"();1)&0(&"15(,.')(3&2#.'-'&()*(&?,('&2%&01,'*'&)(&"15+,+&!"&5%-%.'"(&0(&'"%8
H1&'#(')*+&.#'F%(&5%:'&/("%*&!"&5%"*(&1"&'0(/+,&;(&#',(&0(&51-*&0.,('5&)+&6%h<&0(F/+-1%3&0',&
"1&?+)('5&5.5("*1-8
R'*+3&1"&);%,%*&)1;(,%.,&'&?,(2%*8&['&7%&#."0'5"'*&-'&!"*,1;',(3&0',&)1;(,%.,%*'*('&)'&!%&/'&;(,5%*(&
)+&*,('#+&#1&121,%"6+&*.'*(&;%(0%#%-(&;1)(&!"&#'-(&0(&0()*%"1-&)+18&C%"&'#()*&5.*%/&(-&/'&7%&!")(5"'*&2%& C%"&#(&()*(&7.,5'*&1"&7-1%0
!5;%(0%#'* & .',(#15 & )+ & !"-+*1,( & )17(,%"6' & ;,%" & #',( & /' & *,(@1% & )+ & *,('#+8 & !")(5"',(' & 2% & ,(01#(,('&
;1*(,%-.,&)'-(&)(&/.,&7'#(&;,%"&!"#.,;.,',('&1".,&;(*(&"(?,(&;(&'-@1-&#.,;1-1%&)+1&7-1%0%#8&I#(')*+& T"%/(,)1-&()*(&;-%"&0(&.&5'*(,%(&(*(,%#+3&!"&#',(&!".'*+&5%-%',0(&0(&)*(-(&2%&;-'"(*(3&'&#+,.,&/%'6+&
.;(,'6%(&.&7'#&'"15%*(&5',%&01$1,%3&)'/'"6%%&#$%5%(%&2%&7%F%#%%&);'6%%-.,3&1"&7(-&0(&#+-+%&#(,(2*%8&P.'*(& "1&',&7%&;.)%@%-+&7+,+&'#(')*+&5'*(,%(&7-1%0%#+3&'7-'*+&!"*,:.&#."*%"1+&'#6%1"(&2%&,('#6%1"(&#1&#.,;1,%-(&
01$1,%-(&)(&!");+%54"*+&0(&'#(2*%&';-%#'*.,%&0(&)(5"(3&%"0%#'*.,&#+&;1,*+*.,1-&-.,&()*(&1"&?,(2%*3&1"& #(,(2*%8&S*(,1-&)'1&7-1%01-&#.")*%*1%(&$,'"'&;("*,1&'#()*(&"("15+,'*(&)7(,(&#(,(2*%8
#."0'5"'*8&I#()*(&;(*(&)1"*&#1&'*4*&5'%&5',%&2%&5'%&"(?,(3&#1&#4*&01$1-&'&;+#+*1%*&5'%&;1*(,"%#8& I#()*&(*(,&:&"15%*&0(&/.%&5'*(,%(&7-1%0%#+&:&!-&/(0(5&2%&)%56%5&;,%"&;1*(,('&)%561,%-.,&".')*,(&
J(?,(2%*3&1"&01$&,.21&)'1&'-@')*,1&/'&7%&5'%&;+*'*&2%&5'%&!"*1"(#'*&0(#4*&1"&01$&'-@3&#',(3&"1&;1*('& );%,%*1'-(&#1&#',(&"(:'&!"F()*,'*&H,('*.,1-8&C()%?1,&#+&0'*.,%*+&*,1;1-1%&/.)*,1&7.,5'*&0%"&5'*(,%(&
?,(2%&!"*,:.&')(5("('&5+)1,+&!"#4*&/($%#.-1-&)+1&7-1%0%#&)+&;.',*(&;(*(&5',%&2%&!"*1"(#'*(8 7.',*(&#."#("*,'*+3&/.%&"1&'/(6%&;.)%@%-%*'*('&)+:<&;(,#(;(6%8
K+&/(0(5&#15&)(&';-%#+&;'*'&;(&$'%"'&7-1%0%#+&'&1"1%&01$&'-@3&=10(#'*&!"&H(,&2%&#."0'5"'*& 9,%" & 1,5',(3 &*.'*( & #.,;1,%-(&#(,(2*%& !".'*+& !"*,:1"& .#('"&0( & 5'*(,%(& 7-1%0%#+8 & !"&=1,1- & ).,%-.,&
;("*,1&.&?,(2('-+&?,'/+8&C1$1-:#+-+1&(L*,'?(&5'%&!"*4%&7-1%0&'-@&0%"&'"15%*(&-.#1,%&'-(&;(,%);%,%*1-1%& '#(')*+&5'*(,%(&()*(&5'%&0(")+&0(#4*&!"&);'6%%-(&%"*(,)*(-',(3&%',&!"&=1,1-&;-'"(*(-.,&()*(&2%&5'%&0(")+3&
01$1-1%&#."0'5"'*3&!"-.#1%"0&7-1%01-&(L*,')&#1&1"&'"15%*&7-1%0&%"7(,%.,8&C%"&'#()*&5.5("*3&01$1-&'-@& 5'%&#."#("*,'*+8&o%(#',(&).',(&)'1&;-'"(*+&(L(,#%*+&.&'*,'#6%(&')1;,'&5'*(,%(%&7-1%0%#(3&'#151-4"0&!"&
!"*,1;'*3&)*,+-1#%*.,&;,%"&#1".2*%"6(-(&)'-(3&)*%5'*&2%&';,(#%'*&0(&)(5("%3&#'0(&!"*,:1"&7(-&0(&)-+@%#%1"(3& =1,1- & )+1& 7-1%03& ;(& #',(& !-& #."#("*,('F+& 2%:<&7'#(& #1&51-*& 5'%& 0(") &0(#4*& !"& );'6%%-(& %"*(,)*(-',(&
0(&!"*1"(#%5(&'&=10(#+6%%&)'-(8&C1$1,%-(&#',(&!-&/+0&71?&0(&(-3&%',&.'5("%%&#',(&/%"&!"&#."*'#*&#1&(-& I#(')*+&'*,'#6%(&)(&0'*.,('F+&5'?"(*%)51-1%&;.)(0'*&0(&*.'*(&#.,;1,%-(&#(,(2*%3&'*,'#6%(&#+,(%'&/.%&%:
#.")*'*+&.&,(01#(,(&1%5%*.',(&'&7'#1-*+6%-.,&)'-(8&I)*7(-3&(-&"1:2%&5'%&'5%"*(2*(&#(('&#(&'&2*%1*&)'1& '6%&0'*&!"&5.0&?,(2%*&"15(-(&0(&-,'0%*'.%(9
7+#1*&%(,%8&a&54$"%,(&2%&.&*.,.;('-+&!%&#1;,%"0&*.'*+&7%%"6'8&S-&!")12%&)(&5%,+&0(&)*',('&)'&2%&#.")*'*+&#1& 9,(F("6'&7-1%01-1%&!"&#'"*%*+6%&5',%&!"&=1,1-&).,%-.,3&0',&5'%&'-()&!"&=1,1-&;-'"(*(-.,3&#."*,%@1%(&
01,(,(&#+&()*(&(/%*'*&0(&*.'*+&-15('8&C(2%&()*(&1"&);%,%*&0(&.&!"'-*+&(/.-16%(3&"1&5'%&',(&;(&0(;-%"& 0(.)(@%*&0(&51-*&-'&/%'6'&5%"(,'-(-.,3&;-'"*(-.,3&'"%5'-(-.,3&.'5("%-.,&2%&'&*1*1,.,&01$1,%-.,8&o-1%01-&
0%)#(,"+54"*1-&'#*(-.,&)'-(8&I&0(/("%*&1"&"(;1*%"#%.)3&1"&"(7(,%#%*8 1"%/(,)%#&"(#()',&/%(6%%&'#()*.,&/%(*+6%&(L%)*+&!"&#.,;1-&-.,&;(,%);%,%*1'-3&0',&1F4"01:<&;,%"&!")+2%&/%'6'&
C(&.@%#(%&;(0(';)'&';-%#+,%%&'#()*.,&;(*(&)(&(L(#1*+&-'&!"*,1;',('&/%%*.',(3&;("*,1&01$1-&'-@8&9(& -.,3&*,(@1%(&)+:<&;,%5("(')#+3&)+:<&,(!5;,.);+*(F(&#1&7-1%01-&;,.');+*3&#(&15;-(&1"%/(,)1-&,();(#*%/8
01$1-&'-@')*,1&!-&'2*(';*+&.&;(0(';)+&5'%&?,('Q&#4*&0();,(&01$1-&,.213&01,(,('&2%&)17(,%"6'&;,%"&#',(& H1&'-*+&.#'F%(3&'5&);1)&#+&01@-1-&/%*'-&'-&*1*1,.,&/%(*+6%-.,&',(&"(/.%(&0(&'#()*&7-1%0&"1*,%*%/3&7+,+&
/'&*,(#(&()*(&2%&5'%&?,('3&'/4"01:)(&!"&/(0(,(&-%;)'&-1%&0(&(/.-16%(&2%&0(#%&0(&!"6(-(?(,(8&C1$1-& 0(&#',(&#.,;1-&7%F%#&"1&',&;1*('&(L%)*'8&J.%3&("*%*+6%-(&);%,%*1'-(3&"1&5'%&'/(5&"(/.%(&0(&;,%5("%,('&
"(2*%1*.,&2%&"()%56%*.,&).-%#%*+&.&01,(,(&5'%&/%.-("*+3&.&5%F(,%(&7%F%.-.?%#+&2%&5'*(,%'-+&5'%&?,.'F"%#+3& #.,;1-1%&/%*'-3&;("*,1&#+&"1:<&5'%&'/(53&0',&*.*12%&#(-(-'-*(&;+,6%&'-(&#.,;1-1%&".)*,1&;(,%);%,%*1'-&)(&
;("*,1&'&)(&0(2*(;*'&0%"&';'*%'&)'&)17-(*(')#+8 1F('F+&2%&*,(@1%(&)+&-(&,(!5;,.);+*+58
!"&'#()*&)#.;&:-'&%"*(,/'-(&5',%&0(&*%5;&:&"(&,%0%#+5&!"&F."(-(&;(,%7(,%#(&'-(&'*5.)7(,(%&7-1%0%#(&
*(,()*,(&2%&'#.-.&"(&!"#+,#+5&#1&1"&7-1%0&5'%&0%'7'"&2%&5'%&7%"&0(#4*&#(-&'7-'*&-'&)1;,'7'6'&?-.@1-1%&
;+54"*()#8&o-1%01-&0(&-'&)1;,'7'6'&;+54"*1-1%&()*(&7.',*(&0(")&2%&;(35+)1,+&#(&"(&0(;+,*+5&0(&(-3&;(&
S/.-16%'&01$1,%-.,&;-'"(*',( 1"'&0%"&,'F(-(&)'-(3&!"*4-"%5&)*,'*1,%&0(&(*(,&*.*&5'%&,',(3&5'%&7%"(&:&;4"+&0+5&0(&7-1%01-&).-',&!"&#',(&
!".'*+&*.'*(&;-'"(*(-(&)%)*(51-1%&".)*,18
a,%#(&;-'"(*+&0%"&1"%/(,)3&.,%#+,1%&)%)*(5&',&';',6%"(3&',(&*,(%&F."(&7-1%0%#(&!"&=1,1-&(%3&!"&#',(&!2%& !"&5.0&)15',3&'5&5'%&'5%"*%*&#+&'*5.)7(,'&7-1%0%#+&'&9+54"*1-1%&()*(&#.5;1)+&0%"&*,(%&;+*1,%&
01# & *,'%1- & 01$1,%-( & #( & 7'# & 2#.'-' & '#(-(% & ;-'"(*(8 &I2' & 7%%"03 & )( & ;1"( & !"*,(@',('A & H15 & (/.-1('F+& )'1&F."(&7-1%0%#(3&*,(%&)7(,(&#."#("*,%#(&'&#+,.,&0(")%*'*(&()*(&5'%&5',(&!"&=1,1-&?-.@1-1%&*(,()*,1&2%&
01$1,%-(D&o%(#',(&01$&1,#+&;,%"&/,(0"%#%(3&0%"&)7(,'&#('&5'%&0(&=.)3&;(&,4"03&!"&)7(,(-(&)1;(,%.',(3& )#'0(&);,(&;(,%7(,%(8&9,%5'&)7(,+3&#('&5'%&)1@*%-+3&)(&'7-+&-'&;(,%7(,%'&'*5.)7(,(%&7-1%0%#(&'&9+54"*1-1%3&
;4"+&'=1"?(&!"&)7(,'&#('&5'%&!"'-*+&'&'#(-('2%&;-'"(*(D 7%%"0&7.,5'*+&0(&.&;+*1,+&(*(,%#+&0(&1"&'-@&)*,+-1#%*.,8&T,5('F+&'&0.1'&)7(,+3&.&;+*1,+&7-1%0%#+&0(&
c+);1")1-&()*(&1,5+*.,1-8&K+&-1+5&#'&;1"#*&0(&;-(#',(&;-'"(*'&".')*,+3&2%&0(&;(&('&)+&-1+5&01$1-& #1-.',(&'-@')*,+3&0(&')(5("('&#1&*.'*(&"1'"6(-(&);,(&'-@8&!"&7%"(3&-'&)1;,'7'6'&;+54"*1-1%&2%&0(&=1,&
,.218&S-&/'&*,+%&#4"0&!"&);'6%13&#4"0&!"*,1;'*&;(&;+54"*3&;(&*.'*+&01,'*'&(/.-16%(%&"(#()',+&;( !5;,(=1,&)(&'7-+&'&*,(%'&F."+3&.&;+*1,+&7-1%0%#+&0(&#1-.',(&,.2%(3&#1&*.'*(&"1'"6(-(&(%&;4"+&-'&,.21:'-@8
UZ\ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&a&F&521'&#',*( ?271"%#+,%&5%"& UZT
?(,

I#15&)+& /(0(5&#(&()*(&1"&7-1%08& o-1%01-&1"%/(,)%#&()*(&.&5')+&0(&5%#%&#.,;1,%&/%%3&/%(*+6%& 0(&;16%"&#."0(")'*3&!"#4*&,';.,*1-&0%"*,(&5%"(&2%&7-1%01-&'-@&'-&'#()*(%&)7(,(&()*(&#'&?$('6'&7'6+&0(&'(,8&


1-*,'5%#,.)#.;%#(3&' & #+,.,& 5+,%5( & : &,';.,*'*+&-' &-15(' & /.')*,+& 7%F%#+ &: & ',&#.,();1"0(&#1 & #('&'& C'#+&5:'2&;1*('&01#(&!"&);'6%%-(&%"*(,)*(-',(&)'1&).-',(3&5:'2&)%56%&';,.';(&#'&*,+%"0&!"&/%0e&'*4*&0(&
5%#,.@%-.,8&H4*&0(&5%#%&)1"*&5%#,.@%%&/.2*,%M&C',&#4*&0(&5%#%&)1"*&'#()*(&/%(*+6%3&#+#%&!"*,:1"&5%#,.@& ,',(7%'*&2%&)%5;-%7%#'*&()*(&(*(,1-&0%"&'#()*(&,(?%1"%&'-(&'@%)1,%-.,Z)%0(,'-(8
0(:'-&/.)*,1&)1"*&5%%3&)1*(&0(&5%%&0(&')*7(-&0(&;',*%#1-(&/%%8&S-(&)1"*&!"*,:.&#."*%"1+&5%2#',(&2%&;,%"& I2'0',&".%3&01$1,%-(3&"(&5%2#+5&!"&F."(-(&%"7(,%.',(&'-(&(*(,1-1%&*(,()*,1&#'&!"*,:.&';+&(*(,%#+8
"'*1,'&-.,&:&7%%"0&(-(#*,%#(&:&;,.01#&("(,?%(&(-(#*,%#+8&C%"&'#(')*+&#'1F+&-(&;1*(5&"15% &4',*%#18(& K(&;(*,(#(&#1&".%3&'#(-'2%&7(".5("&#'&2%&#1&?$('6'3&#',(&0(2%&(&';+&()*(&5'%&?,('&0(#4*&';'&2%&*.*12%
(8(#*,2-("(9 ;-1*(2*(&;(&)1;,'7'6'&(%8&C(2%&".%3&01$1,%-(3&)1"*(5&5'%&?,(%&0(#4*&(*(,1-3&"(&5%2#+5&#1&121,%"6+&!"
U',%%&)'/'"6%&'%&);'6%%-.,3&!"?(,%%&).-',%3&'7%,5+&#+&(*(,1-&1"%/(,)%#&()*(&7.,5'*&0%"&;',*%#1-(&-%@(,(& 5')'&(%8&I)(5("('&?$(6%%&#(&',(&'#(('2%&#.5;.F%6%(&#1&';'3&2%&".%3&01$1,%-(3&;-1*%5&!"&';'&(*(,1-1%3
2%&#+3&;(&5+)1,+&#(&*(&';,.;%%&0(&).,%3&'#()*(&;',*%#1-(&)(&').#%'F+3&7.,54"0&);(,18(&0%"&#(&!"&#(&5'%& 0(2% & )1"*(5 & 7.,5'6% & 0%" & '#(-('2% & ;',*%#1-( & /%% & 0%" & #',( & ()*( & 7.,5'* & 2% & (*(,1-8 & C(.)(@%,(' & 0%"*,(
5',%3&#',(&;-1*()#&)'1&#.")*%*1%(&(*(,1-&0%"&=1,1-&).,%-.,&2%&5'%&';.%&'-&;-'"(*(-.,8&R"&!")+2%&'#()*&(*(,& "'2*(,('&".')*,+&2%&7.,5',('&?$(6%%&()*(&#+&".%3&01$1,%-(3&"1&"(:'5&!"?$(6'*&'%#%3&0%"&';'&'#()*1%&(*(,3
-%@(,&)'1&1"%/(,)%#&)(&;.*&0%)*%"?(&*,(%&7(-1,%&0(&;',*%#1-(&/%%8&T"(-(&'1&#'-%*'*('&0(&'&7%&%"*(8%-("*(/& #%&'5&7.)*&7.,5'6%&0%"&(-3&!"&K7(,'&0%/%"+3&0(&P'*+-&#(,()#8 8
'-*(-(&:&;(&-4"?+&.&5%#+&%"*(-%?("6+&:&'1&.&5',(&7(72,%(/&2%&!"&7%"(3&.&'&*,(%'&#'*(?.,%(3&'1&!")12%,('& S1&)1"*&'-#+*1%*&0%"&'#(('2%&5'*(,%(&!"&#',(&;-1*()#3&0',&7.',*(&#."#("*,'*8&J15'%&H,('*.,1-&2*%(&:&
1"(% & ;1*(,"%#( &02%".(9 &c(;',*%F',(' & '#()*., & *,(% & #'*(?.,%% & 0( & 7%%"6( & /%%3 & 0( & ;',*%#1-( &(*(,%#( & ()*(& 2%&;.'*(&"%5("%&'-*1-3&!"&'7',+&0(&S-3&!"&/(#%%&/(#%-.,&"1&/'&2*%&2%&;1*('&:&)+&7'#+&01$1,%&#'&S-8
%"(?'-+8 & H(-( & 5'% & "15(,.')( & )1"* & #(-( & #1 & /.%"6+3 & 1,5('F+ & #(-( & #1 & ;1*(,(' & 0( & !",(?%)*,',(3 &0(& C%"&#(-(&*,(%&;',*%#1-(&/%%&0(&02%".+/&7(72,%(&2%&%"*(8%-(".+/&!"*,1"%*(&*,(%&!"&1"'3&):'1&'-#+*1%*&2%&
5(5.,',(3&2%&!"&7%"(3&#(-(&5'%&;16%"(&)1"*&#(-(&#1&!")12%,('&#';%*'-+&0(&'&7%&%"*(-%?("*(8&H'&)+&;,(F%"*& (-(#*,."%%&#1".)#16%&0(&2*%%"6'&/.')*,+8
.',(#15&'#()*&,';.,*3&'2&);1"(&#+&0%"&.&)1*+&0(&;',*%#1-(3&".1+&F(#%&)1"*&#(-(&#1&;',*%#1-',%*'*('&1"(%&
/.%"6(&;1*(,"%#(3&".1+&#1&!")12%,('&0(&5(5.,',(&2%&1"'&)%"?1,+&()*(&%"*(-%?("*+8
J(:'5&!"*,(@'*&'0()('&0(&#(&C%/%"%*'*('&'&)*'@%-%*&')*7(-&'#()*&,';.,*A&Ba3&C.'5"(3&0(&#(&'%&7+#1*&
P1&#';1-&5'%&5%#&0(#4*&54%"%-(&2%&;%#%.',(-(DE&C',&#(&2*%5&".%D&!"6(-(;#%1"('&H,('*.,1-1%&(&"()74,2%*+& 9,(*1*%"0("%&(L%)*+&/%'6+3&0(.',(#(&;,(*1*%"0("%&(L%)*+&5'*(,%(&/%(
2%&".%&"1&.&!"6(-(?(58&p+"1%5&#+&;,%"&;1*(,('&/.%"6(%3&C%/%"%*'*('&#,(('F+&2%&#."01#(&-15%-(8&9,%"&
;1*(,('&5(5.,%(%3&'0%#+&;,%"&#1".'2*(,('&*,(#1*1-1%&!5;%(0%#+&;,()#$%5@',('&#1&121,%"6+&'&7.,5(-.,8& >*%5& 0(=' & #+ & !" & *.* & #.)5.)1- & )( & '7-+ & . & 5'*(,%( & 7.,5'*+ & 0%" & ;',*%#1-( & %"7%"%* &0( & 5%#%3 & 7%%"6(&
R"&7%"(3&;,%"&;1*(,('&%"*(-%?("6(%3&*,'")7.,5+&!"&/(#%&.;(,(-(&K'-(3&;,%"&)-1=%*.,%%&K+%3&#+*,(&7.,5(&2%& %"*(-%?("*(&2%&)%56%*.',(8&H'&1,5',(3&'#(')*+&5'*(,%(&)(&'7-+&2%&!"&K7(,'&#("*,'-+&'&#.)5.)1-1%3&!"&
)*+,%&)1;(,%.',(8 K7(,'&0%/%"+&)'1&G'@.,'*.,1-&#,('6%%-.,8&C',&;(&#4"0&!"&#(-(&;'*,1&1"%/(,)1,%&;',*%#1-(-(&/%%&)(&?+)()#&
9(&#4"0&!"&);'6%%-(&%"*(,)*(-',(&'#()*(&;',*%#1-(&)1"*&-%@(,(3&!"&=1,1-&).,%-.,&(-(&)1"*&'?-.5(,'*(&2%& 5'%&51-*&').#%'*(3&!"&K7(,'&0%/%"+&(-(&)1"*&-%@(,(3&'1&'-*(&,';.,*1,%&!"*,(&(-(&2%&)(&'01"+&!"&'-*(&
!"*,1"%*(&#4*(&*,(%&-'&1"&-.#3&'0%#+&.&;',*%#1-+&0(&/.%"6+3&!5;,(1"+&#1&1"'&0(&5(5.,%(&2%&1"'&0(& ').#%(,%8
%"*(-%?("6+8&H1&'-*(&#1/%"*(3&'#()*&?-.5(,1-&:&#.,;&1"%*',3&)7(,%#3&5'%&5',(&0(#4*&7%(#',(&#.5;."("*&'-& C'#+&!"&=1,1-&;-'"(*(-.,&,';.,*1-&0%"*,(&#(-(&*,(%&7(-1,%&0(&;',*%#1-(&()*(&')*7(-&'-#+*1%*&!"#4*
)+1&:&)(&'7-+&!"*,:.&#."*%"1+&5%2#',(3&()*(&;-%"&0(&/%'6+3&#'&'*',(&()*(&.&/%(*'*(3&!"F()*,'*+&#1&#(-(&*,(%& "15+,1-&;'7*%#1-(-.,:/.%"6+&!-&!"*,(#(&;(&#(-&'-&;',*%#1-(-.,:5(5.,%(&2%&%"*(-%?("6+3&!"&K7(,'&0%/%"+3
#'-%*+6%&'-(&#.5;."("*(-.,&)'-(8&S-&#.")*%*1%(&.&'-*+&#'*(?.,%(&0(&(*(,3&#1&#',(&)(&$,+"()#&;-'"(*(-(&2%& 8&,';.,*1-&()*(&%"/(,)'*A&;',*%#1-(-(:%"*(-%?("6+&7%%"0&5'%&"15(,.')(3&%',&#(-(&0(&/.%"6+&:&!"&5%".,%*'*(8
).,%%8 & C%" & ').#%(,(' & ' & 0.1+3 & *,(% & )'1 & 5'% & 51-*( & ?-.5(,1-( & ):'1 & 7.,5'* & ;',*%#1-( & 2% & 5'% & 5',%3& !"6(-()1-&'#()*(%&)*+,%&)(&(L;-%#+&;,%"&7';*1-&#+&K7(,'&0%/%"+&()*(&)(0%1-&H,('*.,1-1%3&'#.-.&)(&'7-+&
#.")*%*1%"0&0%7(,%*(-(&7(-1,%&0(&(*(,&)'1&7-1%08&I#()*(&;',*%#1-(3&)%5;-(&)'1&#.5;1)(3&(/.-1('F+&2%&(-(& 5',%%&K+%&I1L%-%',%3&'#.-.&-(?('&0.5"(2*(&#1&)7%"6("%(&2%&0(#%&"1&(L%)*+&"%#%&1"&;(,%#.-&0'#+&"15+,1-&
!"&0(#1,)1-&/('#1,%-.,3&0.@4"0%"0&0%7(,%*(&!")12%,%&;(&#',(&"1&-(&;.)(0'1&%"%6%'-8 ;',*%#1-(-.,:%"*(-%?("6+&()*(&5'%&5',(8
K+&,(/("%5&-'&#(-(&*,(%&7(-1,%&0(&;',*%#1-(&)%5;-(&2%&-%@(,(&2%&!"&);(#%'-&')1;,'&;',*%#1-(-.,&/%%& U'*(,%'&)'1&;',*%#1-(-(&/%%&0%"&K7(,'&0%/%"+&;.',*+&"15(-(&0( &7'*(,%(&5%0%"+9 &9,%"&!"*,1"%,('&
0("15%*( & 0( & ".% & '-( & 5(5.,%(%8 & 9("*,1 & ".%3 & 01$1,%-(3 & '#(')*+ & 5'*(,%( & /%( & =.'#+ & ,.-1- & 1"(% & ;-+#%& '#()*.,&*,(%&7(-1,%&0(&;',*%#1-(3&):'1&7.,5'*3&!"&K7(,'&0%/%"+3&*,(%&#'*(?.,%%&0(&5'*(,%%&(*(,%#(&)'1&
7.*.?,'7%#(&)'1&0(&?,'5.7."8&9',*%#1-'&5(5.,%(&)(&'7-+&!"&);'6%%-(&1,%'2(&0%"*,(&)*(-(3&0',&)(&'7-+&!"*,: 7-1%0(A
.&.',(#',(&5+)1,+&2%&-'&;(,%7(,%'&'*5.)7(,(%&7-1%0%#(&'&9+54"*1-1%8&I#()*&(*(,3&'#()*(&;',*%#1-( &#1& <8`81%518&4)%$%#&:&%"*,+&!"&'-#+*1%,('&)#4"*(%%&01$1,%-.,Q
5(5.,%(&;1*(,"%#+3&/%(*+6%&,(6%"+*.',(&0(&%5;,()%%:?4"01,%3&7%%"6(&;+)*,+*.',(&0(&%5'?%"%3&#.")*%*1%(& V8`81%518&;%M%#&:&7.,5('F+&#.,;1-&')*,(-.,&2%&'-&;-'"(*(-.,Q
)1;.,*1-&0(&!",(?%)*,',(&'-&(/("%5("*(-.,&;(*,(#1*(&;(&1"&?-.@&#(,()#3&'-&*1*1,.,&'#6%1"%-.,3&/.,@(-.,& X8`81%518&;%M%#264)%$%#&:&,(F1-*'*&0%"&#.5@%"',('&;,%5(-.,&0.1+&7-1%0(8
2%&?4"01,%-.,&7%(#+,1%&/%(61%*.,&0(&;(&'#(-&?-.@&#(,()#3&!"&*.*&*%5;1-&(L%)*("6(%&)'-(8 R"&-15%-(&#,('*(3&'#()*(&7-1%0(&)(&'7-+&-%@(,(3&2%&!"*,1"%*(3&#4*(&*,(%&-'&1"&-.#3&7.,54"0&.&1"%*'*(3&1"&
!"&F."'&#.5;1)+&0%"Z;',*%#1-(&5(5.,%(3&)(&'7-+3&#'&!"*,:.&',$%/+&1,%'2+3&*.*&#(&):'&;(*,(#1MA&;(& '"15%*&7(-&0(&5'*(,%(8&K+&"1&)(&;%',0+&0%"&/(0(,(&#+3&!"&'7','&0%7(,%*(-.,&;.)%@%-%*+6%&0(&#.5@%"',(&'&
;-'"(*'& ".')*,+3&0(&-'&!"#(;1*1-& #,(+,%%&)'-(3&2%&)( &/'&!")#,%(&*.*&#(& )(&/'&;(*,(#(&;4"+&-'&7%"(-(& #(-.,&*,(%&7(-1,%&0(&;',*%#1-(&/%%3&#',(&0'1&.&%"7%"%*'*(&0(&7-1%0(3&5'%&(L%)*+&.&?'5+&%"7%"%*+&'&'#(-.,'2%&
(L%)*("6(%&)'-(8&I%#%&)1)3&!"&'#(')*+&F."+3&?+)%5&".%3&01$1,%-(3&*.*&#(&'58&7+#1*&;,%"&'-*(&/%(6%8&I%#%& 7-1%0(3&'7-'*(&!"&0%7(,%*(&)*+,%&0(&#."0(")',(8
'7-+5& *.*&*,(#1*1-&?-.@1-1%&".)*,13 &#,(',('& 5+,%-.,3&.#('"(-.,3& #."*%"("*(-.,Q&';',%6%'&2%&0%);',%6%'& I2'0',&#(-(&*,(%&7(-1,%&0(&;',*%#1-(&/%%&2%&-%@(,(&1"'&0(&'-*'&:&;',*%#1-(&0(&%"*(-%?("6+3&5(5.,%(&>%&
;-'"*(-.,&2%&'"%5'-(-.,8&I%#%&(&!")#,%)+3&0(&/(#%3&*.'*+&%)*.,%'&.5("%,%%&:&,+F@.'%(3&,(/.-16%%3&5%?,+,%&0(& /.%"6+ &: & 0'1&"'2*(,( &-'&;,%5'& #'*(?.,%( & 0(&7-1%0(8&I& 0.1'& #'*(?.,%(& 0( &7-1%0( & )( & 7.,5('F+ &;,%"&
;.;.',(&:&*.*1-&(&".*'*3&%5;,%5'*&!"&'#(')*+&5'*(,%(:5(5.,%(8&S'&()*(&#',*('&#(&;.',*+&)#,%)&#1&-%*(,(& "15(,.')(-(&;.)%@%-%*+6%&0(&'?-.5(,',(3&!"&'?,(?'*(&0(&#4*(&*,(%3&'&;',*%#1-(-.,&0(&%"*(-%?("6+3&5(5.,%(&
"(;%(,%*.',(&*.*&#(&'5&7+#1*3&7%(#',(&0%"&".%3&!"*,1;'6%&)'1&0()*,1;'6%8 >%&/.%"6+8&I#()*&'?,(?'*&*,(%5%#&;.'*(&7%&7.,5'*&0%"*,:.&;',*%#1-+&0(&/.%"6+&2%&0.1+&0(&5(5.,%(3&1"'&
C%"&#(-(&(L;1)(&;4"+&'#153&!"6(-(?%&#+&".%3&01$1,%-(3&"(&5%2#+53&*,+%5&!"*,:1"&.#('"&0(&5'*(,%(& 0(&/.%"6+&2%&0.1+&0(&%"*(-%?("6+3&1"'&0(&5(5.,%(&2%&0.1+&0(&%"*(-%?("6+3&1"'&0(&5(5.,%(&2%&0.1+&0(&
/%(3&0(&;',*%#1-(&/%%&:&'7-'*(&!"&0%7(,%*(&#.5@%"'6%%&2%&)*+,%&0(&#."#("*,',(&:&1"&'5()*(#&%"7%"%*&0(&(*(,3& /.%"6+3&1"'&0(&%"*(-%?("6+&2%&0.1+&0(&5(5.,%(3&1"'&0(&%"*(-%?("6+&2%&0.1+&0(&/.%"6+&(*#8&9.)%@%-%*+6%&
0("15%*&?("(,%#&;81%59&o-1%0(-(&)1"*&*,1;&0%"&*,1;1-&K7(,(%&0%/%"(8 51-*%;-(&0(&#.5@%"',(&2%&*.*&'*4*('&7(-1,%&0(&7-1%0(8
I5&',+*'*&#+&-'&)1;,'7'6'&;+54"*1-1%&"1&)(&?+)()#&0(#4*&;',*%#1-(&7-1%0%#(&*,(%7%#(/&*,(%&!"*,61"'/& C',&0%/(,)(-(&;',*%#1-(&*,(%5%#(3&'?,(?'*(&*,(%5%#(&:&7.,5'*(&;,%"&#.5@%"',('&;',*%#1-(-.,&-%@(,(&
7%%"6(&/%%&#1&5%2#',(3&/.%"6+3&?4"0%,(&2%&)%56%,(3&7%%"6(&#."2*%("*(&0(&;,.;,%'&-.,&(L%)*("6+8&I#(')*'&()*(& :)(&;.*&').#%'3&-':,4"01-&-.,3&#4*(&0.1+3&*,(%3&;'*,1&(*#3&7.,54"0&.&;',*%#1-+&#(/'&5'%&5',(3&0',&0(& q&
7.,5'&#('&5'%&)%5;-+&0(&#.,;1,%&').#%'*(&*,(%&!"&1"'/&(-(&(L%)*4"0&!"&)*',(&-%@(,+&)'1&#.5@%"4"01:)(&-'& "'*1,+&0(.)(@%*+&2%&0(#%&#1&!")12%,%&;,.;,%%8
,4"01-&-.,&!"&0%7(,%*(&#."?-.5(,'*(8 I2'0',3&#(-(&*,(%&;',*%#1-(&/%%&:&0(&%"*(-%?("6+3&5(5.,%(&2%&/.%"6+&:&*,(%&7(-1,%&0(&7%%"6(&#(&15;-1
R'*+3&'2'0',3&7-1%01-&0%"&=1,1-&;+54"*1-1%&:&0(&.&;',*(3&2%&".%3&01$1,%-(&:&0(&'-*+&;',*(8&z%"&)+&'*,'?& #.)5.)1-3&7.,5('F+3&;,%"&51-*%;-(&').#%(,%&2%&#.5@%"+,%3&0%/(,)(&'?,(?'*(&*,(%5%#(3&'&#+,.,&').#%(,(
'*("6%'&#+&)#4"*(%'&5('&0%/%"+3&!"&()("6+3&'&7.)*&7.,5'*+&0(&H,('*.,&0%"&'#()*(&;',*%#1-(&)%5;-(3&'7-'*(& /'&,('-%F'&.&0%/(,)%*'*(&0(&5'*(,%%8&P.'*(&'#()*(&7(-1,%&0(&7-1%0(&0%"&1"%/(,)&"1&):'1&7+#1*&0(&-'&)%"(3
!"&%"*(,%.,1-&1"%/(,)1,%-.,8&C',&0();,(&'#(')*'&/.%&/.,@%&'-*+&0'*+&5'%&;(&-',?8 l&'1&7.)*&$.*+,4*(&2%&7+#1*(&0(&H,('*.,&2%&I=1*.',(-(&G1%3&;,%"&;1*(,('&/.%"6(%&2%&%"*(-%?("*(%&G.,
J.%3&01$1,%-(3&'7-4"01:"(&!"&'&*,(%'&F."+&7-1%0%#+&'&;+54"*1-1%3&;-1*%5&!"&'#()*&7-1%0&,.21&;,(#15& 1,%'2(8 8 Z&&&&O O&&&&O
;-1*(2*(&?$('6'&;(&';'&.#('"(-.,&;.-',(8&I#()*'&()*(&,';.,*1-&!"*,(&5%"(3&01$3&2%&(*(,1-&,.21&0(&-'& I/(6%&!"&=1,1-&;+54"*1-1%&'(,1-&!"&)*',(&?'F.')#+3&)*',('&)'&"'*1,'-+&2%&0(&(#$%-%@,1&;("*,1&?-.@1-&
)1;,'7'6'&;+54"*1-1%3&'0%#+&0%"&F."'&01$1,%-.,&,.2%%8&C'#+&5+&,%0%#&!"&'&0.1'&F."+&7-1%0%#+3&#('&'& /.)*,18 & C', & ;,%" & 2*%%"6' & -' & #',( & '6% & '=1")3 & )1;1"4"0 & '(,1- & !" & )*',( & ?'F.')+ & -' & ;,()%1"% & !"'-*( & 2%&
01$1,%-.,&'-@')*,(3&e?+)()#&1"&(*(,&5'%&,',(7%'*3&5'%&7%"3&!"&#',(&5+&)%5*&#'&?$('6'&7'6+&0(&".,%3&7'6+& *(5;(,'*1,%&=.')(3&.@6%"(6%&'(,&8%#$%5&)'1&'4+&5(&'(,9&!"&7%"(3&!"&1-*%51-&*%5;&;1*(6%&,('-%F'&2%&'(,
0(&/';.,%%&0(&';+8&!"&7%"(3&#+*,(&;(,%7(,%'&'*5.)7(,(%&7-1%0%#(&'&;+54"*1-1%3&(*(,1-&()*(&'*4*&0(&0%'7'"3
Ng >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6F&521'&#',*( ?271"%#+,%&5%"&?(,

)28%59&9,%"&1,5',(3&'#(('2%&5'*(,%(3&)1;1)+&-'&;,()%1"%&!"'-*(&2%&*(5;(,'*1,%&=.')(3&;.'*(&)+&*,('#+&;,%"& J.%3&)#E"*(%&*,(%7%#(/&/.5&;,.?,()'&?,'6%(&)1,.,%-.,&0%"&=1,1-&".)*,1&:&;',*%#1-(&/%%&#(&'-#+*1%()#&
*.'*(&)*+,%-(&0(&'?,(?',(8&I)*7(-3&;,%"&)#+0(,('&*(5;(,'*1,%%&';'&/.')*,+&0(/%"(&?$('6+3&0',&!"&H(,&)(& !"/(-%21,%-(&".')*,(&:&0',&2%&(-(&/.,&;,.?,()'3&)1@&#+-01,'&2%&/%@,'6%'&?4"0%,%%&".')*,(3&;4"+&#4"0&
;.'*( & ;,.01#( & B7,%?E & ;,%" & 5%=-.'#( & );%,%*1'-(3 & #',( & 0(*(,5%"+ & #."0(")',(' & 2% & *,'")7.,5',(' & 1"(%& H,('*.,1-&/'&7'#(&2%&0%"&(-(&01$1,%&')(5+"+*.',(&#1&".%8
5'*(,%%&0%"*,:.&)*',(&!"&'-*'8 S/.-16%'&".')*,+&#.")*+&!"&0(F/.-*',('&#';'#%*+6%%&0(&!"6(-(?(,(3&)%56%,(&2%&5(5.,',(&:&#,(2*(,('&
C(&#4*(&.,%&'5&7+#1*&0%"&7-1%01-&#.)5%#&.&5'*(,%'-%F',(&.',(#',(3&1"&#';&0(&.53&.&54"+&)'1&1"& ;1*(,%%&);%,%*1-1%8&9','-(-&#1&'#(')*'3&1,5('F+&0.@4"0%,('&1"(%&)*,+-1#%,%&#4*&5'%&%"*(")(&'&!"/(-%21,%-.,&
*,1;&!"*,(?3&":'6%&)%56%*&/.%3&1"&/4"*&,(#(3&.&)#+0(,(&0(&*(5;(,'*1,+&!"&#'5(,'&0(&(L;(,%("6+D&P.*&;,%"& ".')*,(8&9(&5+)1,+&#(&#,()#&7.,6(-(&);%,%*1'-(&'-(&)#4"*(%%&0%/%"(3&0.@4"0%5&7-1%0(&".%&2%&$'%"(-(&
;,()%1"( & 2% & 7,%? & : & 0', & "1 & 0( & "'*1,+ & *(,()*,+ & : & H,('*.,1- & ;,.01#( & . & #'*(?.,%( & %"7%"%*+ & 0( & 7-1%0(8& ".')*,(&):'1&)#$%5@'*3&,4"0&;(&,4"03&0(&-'&,.21:!"#$%)&-'&*,'"0'7%,%1:0()#$%)3&0(&-'&'-@')*,1:!"*1"(#'*&
9,()%1"(' & . & 5'% & (L(,#%*+ & 2% & 7.,6' & 0( & '*,'#6%(3 & 5'?"(*%#+3 & ' & 7%(#+,1% & #.,; & #(,()#3 & %', & 7,%?1- & ()*(& -'&'-@')*,1-&#(-&5'%&0()#$%)&2%&0(&-'&'-@1-&5'*&-'&'-@1-&)*,+-1#%*.,&#'&7.#1-&/%1&'-&1"1%&71,"'-&(-(#*,%#8
,(F1-*'*1-&,(01#(,%%&5%2#+,%%&'#()*.,&;',*%#1-(&0%"&1"%/(,)8 C1$1,%-(&,.2%%&#$('5+&!"&=1,1-&-.,3&!"&#.,;1-&-.,&7-1%0%#3&7-1%01-&,.21&'-&/.%"6(%&)'1&%")*%"#*1-1%&
C%"&#(-(&(L;1)(3&,(%()(&#+&".%3&01$1,%-(3&*,+%5&!"&5%=-.#1-&1"(% &"'*1,%&%"*(8%-("*(9 &!".*+5&!"& '"%5'-%#8&C1$1,%-(&'-@')*,(&'1&!"&#.,;1-&-.,&5'%&51-*&7-1%0&'-&%"*(-%?("6(%3&%',&01$1,%-(&'-@(3&;(&-4"?+&
)4"1-&1"(%&5'*(,%%&/%%3&7.,5'*+&0%"&/%(*+6%&%"*(-%?("*(&#1&)%56%,(&2%&5(5.,%(3&*,+%5&!"&.#('"1-&1".,& .&%"*(-%?("6+&;1*(,"%#+3&'1&.&5(5.,%(&;1*(,"%#+3&1"&/')*&#';%*'-&0(&#1".2*%"6(8
7%%"6(&0%"&#',(&H,('*.,1-&'&7+#1*&!")+2%&)#4"*(%'&5('8&[.%3&.'5("%&*,1;(2*%3&#,(0(6%&#+&)1"*(6%&)%"?1,(-(& 9,%"&1,5',(3&(/.-16%'&"1&#.")*+&"15'%&!"&'#151-+,%&0(&#1".2*%"6(3&#%&5'%&'-()&!"&!"#.,;.,',('&0(&
7%%"6(&#1?(*+*.',(8&H(&(,.',(M&H1?(*+&2%&'"%5'-1-3&"1&"15'%&.51-Q&@%"(!"6(-()3&5'%&;16%"&;,.71"0& 7-1%0( & (/.-1'*( & !" & #.,;1- & ".)*,18 &C,%" & )*15%%8( & ;+#1*(/ & !"#2,42,+7 & !" & 4(,%)4%,%*18 & "2)*,1 & ;81%5 &
0(#4*&.51-8&C',&!"&'7',+&0(&/.%&2%&7+,+&2*%,('&/.')*,+3&)%56%5&2%&#1?(*+5&2%&".%3&.'5("%%&);'6%%-.,3& '8A')*,1/&%',&4,%"&72,'8%*'*(&)'1&);%".("%(&'0(7&42)%A%8%*'*('&5(&'&!"#2,42,'&7'%&'8()&;81%5&'8A9
"();1)&0(&51-6%3&#'&"%)%;1-&5+,%-.,&2%&.#('"(-.,3&#+#%&-'&7%(#',(&.5&0(&;(&;+54"*&!%&#.,();1"0&;()*(&.& !"&,(F15'*3&01$1-&,.21&/'&'/('&%")*%"#*1-&'"%5'-%#3&#(-&'-@')*,1&:&;.,"%,('&);,(&#(,#(*',(3&%',&
5%(&0(&01$1,%Q&'2'0',&)1"*(5&#1&5%-%',0(-(&!"&=1,1-&;+54"*1-1%8 01$1-&'-@&:&;+F%,('&5.,'-%*+6%%3&'&a,0%"%%&0%/%"(8
J.%& )1"*(5&7%%"6(&#1?(*+*.',(3&@'&!"#+& #1&51-*&5'%&;,.71"0& '"'-%F'*.',(&0(#4*&/.%8& R"&7%"(3& !"#$(%&'#()*&)1@%(#*3&7.',*(&'@)*,'#*&;("*,1&/.%3&#1&.&)#1,*+&,(#';%*1-',(8&!"&);'6%%-(&%"*(,)%0(,'-(3&
'-+*1,%&0(&".%3&;,%"*,(&".%&2%&15;-4"0&1"%/(,)1,%-(&(L%)*+&%"7%"%*'*('&5%#%-.,&7%%"6(&#1?(*+*.',(3&0("15%*(& 5'*(,%'&;,%5+&()*(&7.,5'*+&0%"&*,(%&7(-1,%&0(&;',*%#1-(&/%%&2%&-%@(,(&:&;',*%#1-(&0(&%"*(-%?("6+3&5(5.,%(&
;',*%#1-(&/%%&0(&/.%"6+3&%"*(-%?("6+&2%&5(5.,%(8&C%"&(-(&'&7+#1*&H,('*.,1-&'(,1-3&';'3&;%'*,'3&;-'"*'3& 2%&/.%"6+8&!"&=1,1-&2%&!"&5')'&)*(-(-.,&2%&'&;-'"(*(-.,&'#()*(&;',*%#1-(&;,%5(&):'1&').#%'*&!"&@.@%*(&)'1&
'"%5'-1-&2%&.51-8&I2'0',3&/%'6+&(L%)*+&;,(*1*%"0("%3&!"&*.*&1"%/(,)1-8 ?-.5(,1-(&*,(%5%#(8&C%"&#.5@%"',('&-.,3&!"&7(-&2%&7(-&0(&#$%;1,%3&):'&7.,5'*&)(,%'&%"7%"%*+&'&7-1%0(-.,&
C%"&/%'6+3&0%"&;',*%#1-(&/%%Z&'&7+#1*&H,('*.,1-&)*(-(-(&2%&;-'"(*(-(&0%"&1"%/(,)8&P.*1-&()*(&/%13&*.*1-& 0%"&#.)5.)8
()*(&%"*(-%?("*Q&@%"(!"6(-()3&!"&?,'0(&0%7(,%*(&0(&(/.-16%(8
9',*%#1-(-(&)1"*&/%%&;("*,1&#+&)%5*&2%&,('#6%."('F+&-'&'#6%1"('&1"0(-.,&".')*,(8&S-(&)1"*&!"*,:.&
#."*%"1+&5%2#',(3&0%"&#',(&#'1F+&)1"*&-15%".')(8&IF%3&/+&-15%"'6%&#')(-(&#1&'=1*.,1-&(-(#*,%#%*+6%%8&
9,%/%6%&@(#1-&#15&;,.%(#*('F+&,'F(&0(&-15%"+3&/(0(6%&7%-'5("*1-&,.21:';,%")3&2%&#,(0(6%&#+&(-&-15%"('F+8& S/.-16%'&0(&-'&;%'*,+&-'&.5
N,(2%*+& #."#(;6%(3&0%#*'*+&0(&#(('&#(&/(0(6%&2%&5'% &'-()&0(&#(('&#(&)%56%6%8&I0(/+,1-& ()*(&#+& ;(&
7%-'5("*1-&@(#1-1%3&".%&/(0(5&#15&#1,?(&.&';+&-15%".')+3 &1"&7-1%0&7.,5'*& 0%"*,:. &%"7%"%*'*(&0(&
#.,;1,%3&0(&;',*%#1-(&/%%&2%&-15%".')(8&I#(')*+&';+&#+,(%'&/.%&!%&);1"(6%&(-(#*,%#%*'*(3&%',&".%&!%&);1"(5& R"&()("6'&)'3&.,%#',(&("*%*'*(&);%,%*1'-+&)(&#.5;1"(&0%"&)#4"*(%'&0%/%"+&)'1&);%,%*1-3&!"#."=1,'*&0(&
(*(,&)'1&7-1%03&()*(&!"0()'*+&0(&0%"'51,%-(&)'1&?("(,'*.',(-(&/.')*,(&;,%"&!"/4,*%,('&,.*.,1-1%3&#',(& !"/(-%21,%-( & 7-1%0%#( & )'1 & ;(,%);%,%*8 & K;%,%*(-( & (/.-1('F+ & 0( & -' & )#4"*(%' & '*.51-1% & ;4"+ & -' & 5',%-(&
'*,+?4"0&;',*%#1-(-(&/%%&0%"&);'6%13&-(:'&#."0(")'*&2%&*,%5%)&;(&7%,(-(&/.')*,(&#'&)+&/+&-15%"(F(8&I#()*(& C%/%"%*+6%&H,('*.',(&0%"&K7(,'&0%/%"+8&9(,%);%,%*1-&)'1&7-1%01-&#.,;1-1%&)#4"*(%%3&'-&);%,%*1-1%3&(/.-1('F+&
;',*%#1-( & /%% & )1"* & -15%".')( & 0(.',(#( & )1"* & -%@(,( & 2% & )( & 5%2#+ & #1 & . & /%*(F+ & 5',(8 & 9,%" & #."0(")',(& 2%&(-&5(,(13&*.*&5'%&)1)8&I2'0',&2%&)#4"*(%'&2%&5'*(,%'&!"/(-%21,%-.,&)'-(&)(&)#$%5@+3&)(&;(,7(#6%."('F+8&
5%2#',(' & -.,&()*(&,(01)+3 & %',& #4"0 &):' &'=1") & -' &#,(',(' &;+54"*1-1%3 & 7.,5'* &0%"&7-1%0( & (L*,(5&0(& C',&)+&"1&)(&#,('0+&#+&'%#%3&;(&9+54"*3&)#4"*(%'&0(&5%"(,'-&0(/%"(&)#4"*(%(&0(&;-'"*+3Z)#4"*(%'&0(&
#."0(")'*(3&5%2#',('&-.,&'&7.)*&51-*&%"#(*%"%*+3&0',&-15%"'&-.,&*.*&"1&()*(&/+F1*+&0(&.#$%%&/.2*,%& ;-'"*+&0(/%"(&)#4"*(%(&0(&'"%5'-3&#+&);%,%*1-&0(&'"%5'-&0(/%"(&);%,%*&0(&.58&I#(')*+&;,(7'#(,(&)(&7'#(&
*,1;(2*%8&!"*4-"%"0&!"&#'-(&.&,(F%)*("6+&:&1"&7%-'5("*&0(&@(#&:&/%@,'6%'&;',*%#1-(-.,&/%%&0(/%"(&'*4*&0(& "15'%&!"&K7(,'&0%/%"+8&C(&')(5("('3&01;+&.&(/.-16%(&0(&5%%&2%&5%-%.'"(&0(&'"%3&;,(7'#(,('&7-1%0(-.,&
,(01)+&!"#4*&;(,#(;(6%&2%&/.%&-15%"'&-.,8 ;(,%);%,%*1-1%&)(&7'#(&*.*&!"&K7(,':G'@.,'*.,8
K*,+-1#%,('&).',(-1%&()*(&;,.01)+&0(&#."*%"1'&#%.#"%,(&'&;',*%#1-(-.,&#(&'-#+*1%()#&7-1%0(-(&(-(#*,%#(& I2'0',3&.51-&(&.5&2%&'"%5'-1-&(&'"%5'-&I%#%3&;(&?-.@1-&".)*,13&);%,%*1-&0(&'"%5'-&"1&/'&'"%5'&
'7-'*(&!"&5',(&#'"*%*'*(&!"&=1,1-&)+18&!"*,(?1-&?-.@&).-',&()*(&!"#."=1,'*&0(&1"&1,%'2&71,"'-&(-(#*,%#8&9(& "%#%.0'*+&1"&*,1;&15'"8&S-&/'&*,(@1%&!"*4%&;,(7+#1*&0%"&);%,%*&0(&'"%5'-&!"&);%,%*&0(&.53&;("*,1&#'&';.%&
5+)1,+&#(&7-1%0(-(&).-',(&)(&/.,&#."0(")'&0%"&#(&!"&#(&5'%&51-*3&).',(-(&/'&;%(,0(&*.*&5'%&51-*& :&'"%54"0&1"&*,1;&15'"&:&)+&0(/%"+&#1&'0(/+,'*&.53&)+&7%(&.5&2%&"1&B'"%5'-E8
-15%"'&2%&#+-01,'&)'3&)(&/'&,+#%&2%&!"*1"(#'3&*,'")7.,54"01:)(&!"*,:.&;-'"(*+8&C',&;4"+&'*1"#%&/.,&5'%& S17'% & ;81%518 & #',( & %"*,+ & !" & #2")*%*1.%' & 51A8181% & 0%*'8 & '8 & 0%(.1%*2',(82, & 4+7E"*181% & )( & 42'*( &
*,(#(&5%-%',0(&0(&'"%&;+54"*(2*%8 4,(;'#(&'%#%&4(&C+7E"*&5%"&51A81&0%*'8&7%"(,'8&!"&51A81&0%*'8&0(-(*'8/&%',&'#()*'&!"&51A81&0%*'8 &
I#()*(&/%(*+6%&1-*,'5%#,.)#.;%#(&:&;',*%#1-(&/%%&0(&/.%"6+3&5(5.,%(&2%&%"*(-%?("6+&:&"(&)1"*&".1+3& '"%7'8&3%&7'%&'42%&17'"9
01$1,%-.,3&0(&5',(&'=1*.,3&;("*,1&#+&;,%"&;1*(,('&/.%"6(%&-(&7.-.)%5&')(5("('&1".,&%")*,15("*(3&1".,& H4"0&H,('*.,%%&'1&;.,"%*&-'&#,(',('&1"1%&".1&)%)*(5&).-',3&'1&;-(#'*&#1&.&%"7%"%*'*(&0(&01$1,%&
7.,6(8&U',%%&".2*,%&)'/'"6%3&;,%"&#1".2*%"6(-(&-.,3&2*%1&#15& )+&-(&%"71("6(F(3& )+&-(&#.5'"0(&2%&)+& 5%"(,'-(8&!"&=1,1-&'#()*.,&)#4"*(%&5%"(,'-(3&0(F/(-%*(3&)(&7'#&0%7(,%*(&#."0(")+,%&7-1%0%#(3&;4"+&)(&
,('-%F(F(&0%7(,%*(&-1#,+,%&;,%"&'=1*.,1-&-.,8&H$%',&0'#+&)1"*&5%#%3&7%%"0&"15(,.')(3&;,%"&1"%,('&-.,&;.*& 7.,5('F+&1"&*.*&"15%* &"(A182')+/ &/%F%@%-+&2%&/.1+&;(&#(,8&9(&5+)1,'&!"0(;+,*+,%%&0(&K7(,'&0%/%"+3&
(5'"'&0%"&(-(&("(,?%%&1,%'2(3&1*%-%F'*(&!"&)#.;1,%-(&0%#*'*(&0(&"(#()%*'*('&(/.-16%(%&".')*,(8 7-1%0(-(&"(@1-.')(%&)(&!"0()()#3&;4"+&#4"0&'#(')*'&'=1"?(&-'&;1"#*1-&0%"&1"%/(,)&1"0(&)(&7%L('F+&
9',*%#1-(-( & /%% & )(,/()# & !" & '#(-'2% & *%5; & 0,(;* & $,'"+ & #.,;1-1% & ".)*,1 & 7-1%0%#8 & !" & 7%"(3 & (-( & )1"*& ;("*,1&'&0'&"'2*(,(&1"1%&".1&)%)*(5&;-'"(*',8
%")*,15("*(-(&H,('*.,1-1%&#1&#',(&!2%&%5;1"(&/.%"6'&!"&*.*&#.)5.)1-&#,('*&0(&S-8&9,%"&'#()*(&;',*%#1-(& I%#%3& )#4"*(%'& 5%"(,'-+&;,%5(2*(& 1"&01@-1& /%*'-& 5%"(,'-& 2%& . &5%#+& $'%"+&7-1%0%#+&1"%/(,)%#+8&
/%%3&5',%%&".2*,%&#."01#+*.,%&)1;1"&-(?%%&2%&0,151-1%&0()*%"1-1%&;(&7%(#',(&.53&-1#,4"0&')1;,'&01@-1-1%& R"%6%'-&)#4"*(%'&5%"(,'-+&'&7.)*&0()#.;(,%*+3&%',&#4"0&;,%"&').#%(,(&/'&7.,5'&,(?"1-&5%"(,'-3&;,%5(2*(&
)+1&/%*'-8&I2'0',3&;',*%#1-(-(&/%%&)1"*&@'F'&(L%)*("6(%&".')*,(&2%&*.*&(-(&)1"*&7.,6(-(&;,%"&#',(&H,('*.,1-& .&5%#+&!"/(-%*.',(&7-1%0%#+3&1"&,10%5("*&0(&;(,%);%,%*8&G'&01$1-&/(?(*'-3&!"/(-%21-&()*(&5'%&@.?'*3&%',&
#."01#(&-15%-(8&9,%"&(-(3&C%/%"%*'*('&'2('F+&!"&7%(#',(&7%%"6+&%"7(,%.',+&)%7.18&%")*%"#*181%/&;,%"&#',(& -'&'"%5'-&2%&.5&(-&'&0(/("%*&51-*%;-1&2%&#.5;-(L8
/%(*'*('&)(&#."01#(&!"&/%'6+8 C%"&'#(')*&5.*%/3&#4"0&".%3&01$1,%-(&15'"(&)1;(,%.',(&;,%/%5&-'&1"&01$&5%"(,'-3&/(0(5&)#4"*(%'&
U'*(,%' & -15%% & #,('*( & ()*( & 7.,5'*+ & 0%" & 0%7(,%*( & )*+,% & 0(& #."0(")',( & '& 7-1%0(-.,3 & '-#+*1%*( & ;,%"& 0%"&%"*(,%.,1-&)+18&9,%/%"0&1"&01$&/(?(*'-3&'@%'&F+,%5&5%)*(,%.)1-&);%,%*&0%"&%"*(,%.,1-&)+13&#'&2%&#15&-:
#.5@%"',('&2%&').#%(,('&;',*%#1-(-.,&/%%8&!"&-15%-(&#,('*(&"1&(L%)*+&"%#%&1"&'-*&7(-&0(&5'*(,%(&!"&'7',+& '5&/(0('&;,%"*,:1"&?('5&!"?$(6'*8&R"&7%"(3&;,%/%"0&-'&1"&01$&0(&'"%5'-&)'1&0(&.53&"1&5'%&/(0(5&
0(&7-1%0(-(&7.,5'*(&0%"&'#()*(&;',*%#1-(&/%%8&C%"&(-(&'5&7.)*&7.,5'*(&".%3&01$1,%-(8&C%"&(-(&()*(& 0(-.#&)#4"*(%'&-.,3&;+,4"0&#+&!"/(-%21,%-(&;(,%);%,%*1'-(&)1"*&.;'#(8
#.")*%*1%*+&!")+2%&o%%"6'&H,('*.,1-1%8 C(2%&)#4"*(%-(&)1"*&0(.)(@%*(&!"*,(&(-(3&"1&)(&/(0(&"%#%&.&0(.)(@%,(&(L*(,%.',+&!"*,(&(-(3&';',("*&
J.%3&01$1,%-(3&'5&7.)*&7.,5'*(3&.0'*+3&!"&K7(,'&0%/%"+3&0%"&*,(%&')(5("('&@.@%*(&0(&7%%"6(&/%%3& 7%%"0&'@).-1*&'#(-('2%8&J15'%&-1#,4"0&')1;,'&-.,3&%"7-1("64"01:-(&!"&7(-&2%&7(-&0(&5.01,%3&#.")*'*+5&
'-%;%*(&1"'&0(&'-*'3&'-#+*1%"0&1"&*.*&'@).-1*&1"%*',8&!"&=1,1-&".)*,1&'1&7.)*&;1)(&B;+*1,%E&;()*(&B;+*1,%E& 0(.)(@%,%&%"*,%")(#%&!"*,(&.&)#4"*(%(&0(&5%"(,'-&2%&.&)#4"*(%(&0(&/(?(*'-3&)'1&!"*,(&.&)#4"*(%(&0(&'"%5'-&
:&7.,5'*(&0%"&'-*(&@.@%*(&:&)(,/%"01:"(&#'&%")*,15("*(&0(&5%2#',(3&'#6%1"(3&?4"0%,(&(*#3&;("*,1&'& 2%&.&)#4"*(%(&0(&.58&C(.)(@%,('&!"&5.01-&-.,&0(&'&)(&%5;,()%."'&2%&0(&'&,('#6%."'&()*(&-()"(&0(&
;,.?,()'&;(&*.'*(&;-'"1,%-(3&0%"&*.'*(&;1"#*(-(&0(&/(0(,(8 !"6(-()3&'/4"0&!"&/(0(,(&0%7(,("6'&0(&#.")*%*16%(&2%&(/.-16%(&0%"*,(&(-(8
?271"%#+,%&5%"&?(, U[W
U[V >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&a&F&521'&#',*(
C(F(#$%-%@,1-&01@-1-1%&/%*'-&()*(&0(*(,5%"'*&0(&0()*%"1-&);%,%*1-1%&#'"0%0'*&-'&!"*,1;',(8&I#()*&
!"&(L%)*("6'&/.')*,+3&#'&01$1,%&!"*,1;'*(3&01@-1-&/%*'-&=.'#+&1"&,.-&0(.)(@%*8&G'&0,(;*&/.,@%"03& 0()*%"&()*(&;,(?+*%*&;,%"&0(F',5."%'&;,./.#'*+&!"&01@-1-&/%*'-&0(&#+*,(&);%,%*1-&5()'?(,&!"*,1;+*.,&0(&
01@-1-&/%*'-&'-&*,1;1-1%&15'"&"1&(&1"&01@-1&;1,&15'"3&#%&1"&'5'-?'5&0(&7-1%0(&5%"(,'-(3&/(?(*'-(3& 01$1,%3&#',(&')%)*+&-'&!"*,1;',('&);%,%*1-1%8
'"%5'-(&2%&15'"(3&').#%'*(&!"&/(0(,('&1"1%&)#.;&#.51"A&!"*,(6%"(,('&71"#6%%-.,&*,1;1-1%8&C1@-1-&)'1& o-1%0(-(&)(&;.*&#.5@%"'&!"*,(&(-(3&)(&;.*&')%5%-'&1"(-(&#1&'-*(-(3&0',&"%#%.0'*+&1"&01@-1&/%*'-&
#.,;1-&/%*'-&')%?1,+&)+"+*'*('3&#+-01,'&2%&;1*(,('&0(&51"#+&'&*,1;1-1%8&R"&0(#1,)1-&/%(6%%&;+54"*(2*%3& '"%5'-&"1&/'&;1*('&#."01#(&/%'6'&1"1%&*,1;&15'"3&)'1&1"&01@-1&/%*'-&/(?(*'-&;(&'-&1"1%&*,1;&0(&
01@-1-&)17(,+&0%7(,%*(&5.0%7%#+,%3&'-*(,+,%&)'1&/%"0(#+,%3&'01#4"0&)+"+*'*('3&@.'-'&)'1&5.',*('&*,1;1-1%3& '"%5'-8& H$%',& 0'#+ &01@-1- & /%*'- &()*( &1" & '5'-?'5& 0(& 7-1%0(& /(?(*'-(3 &'"%5'-( &2%& 15'"(3 & 7-1%01-&
#."7.,5&/.%"6(%&2%&'#6%1"%-.,&5(0%#%-.,&#(,(2*%&2%&'&;1*(,%-.,&01$1-1%&)*+;4"1-&#.,;1-1%&/%*'-8&P.'*(& ;,(0.5%"'"*&#."01#(&*,1;1-&,();(#*%/8&R'*+&0(&#(&'7%,5'6%'&#+&'@0.5("1-&.51-1%&',&7%&'"%5'*&0(&1"&
'#6%1"%-( & 01$1-1%3 & '-( & 5(0%#%-., & #(,(2*% & )'1 & 5(0%#%-., & ;+54"*(2*%3 & 7'# & #' & 01@-1- & /%*'- & )+ & )17(,(& 7-1%0&/(?(*'-3&*.,'#(-(&0(&1"&7-1%0&'"%5'-&(*#8&"1&;.'*(&7%&-.?%#+&2%&,('-+8&C1@-1-&/%*'-&()*(&1"1-&2%&
51-*%;-(&/',%'6%%&!"&0(#1,)1-&/%(6%%&*,1;(2*%3&;,%"&1,5',(3&*,1;1-&/'&*,(#(&;,%"&0%7(,%*(&0%);.F%6%%8 '#(-'2%3&0(&=.)&;4"+&)1)3&0(&-'&;%#%.',(&;4"+&-'&#,(2*(*8&S-&!5;,().',+&*,1;1-3&%"7%-*,4"01:)(&;,%"&*.'*(&
C',&')1;,'&'#()*(%&;,.@-(5(&/.%&,(/("%&'-*+&0'*+8 #(-1-(-(&)'-(&2%&'"%"4"01:)(&0(&(-(&;,%"&#4*(&1"&7%,&7-1%0%#8&I#(')*+&!"/(-%,(&2%&;("(*,',(&#.")*%*1%(&
7(,%#%,('&2%&"(7(,%#%,('&/.')*,+8&S)*(&"(7(,%#%,('&/.')*,+3&0%)#%;.-%&-'&2#.'-'&/%(6%%&*,1;(2*%3&#+#%&"1&5'%&
$ $ $ 2*%6%&0(&-15%-(&(*(,%#(8&I2'&'&/.%*&H,('*.,1-&#'&7%(#',(&)+:2%&0()7+2.',(&;,.?,'51-&/%(6%%&01;+&#15&)(&
'7-+&!")#,%)&!"&0()*%"1-&)+13&7+,+&)+&5'%&2*%(&"%5%#&0(&;'*,%'&)'&);'6%'-+3&0(&/%'6'&);%,%*1'-+8
[,('1&'#15&)+&,+);1"0&!"*,(@+,%%&7.,51-'*(&0(&*%"(A&BS)*(&'0(/+,'*+&'7%,5'6%'&1".,&.#1-*%2*%& C'#+&01$1-&!"#."=1,'*&0(&!"/(-%21,%-(&)'-(&;(,%);%,%*1'-(&',&7%&-'&1"&5(*,1&0(')1;,'&#';1-1%3&0(#%&
:9';1)&:&#+&!"&*,1;1-&.51-1%&):',&'7-'&;'*,1&7(-1,%&0(&7-1%0(&)'1&)17-(*(A&!"&'@0.5("&:&1"&)17-(*& )(;','*&0(&01@-1-&)+1&/%*'-3&(-&',&7%&#."2*%("*&0(&-15('&".')*,+&2%&',&'/('&-(?+*1,%&;(,5'"("*(&#1&".%3&
/(?(*'-3&!"&*.,'#(&:&1"&)17-(*&'"%5'-3&!"&#';&:&1"&)17-(*&0(&.5:'"%5'-&2%&0(')1;,'&#';1-1%&:&);%,%*1-& "(:',&/(0('&2%&'1F%&5(,(13&F%1'&2%&".';*('8
15'"3&#',(&#."01#(&*.*1-DE C1@-1-&/%*'-&()*(&1"1-&2%&'#(-'2%&!"&*.*&*,1;1-&1"0(&):'1&%"7%-*,'*&2%&'1&;("(*,'*&'04"#&2%&#(-(-'-*(&
C,'?+&7,'*(3&,+);1"0&)#1,*&2%&,+);%#'*A&J1&()*(&'0(/+,'*8 7-1%0(&'-(&#.,;1-1%&;(,%);%,%*1'-8&S-&()*(&#4,5'#%1-&/%(6%%&*,1;1-1%3&*.*&*%5;1-&#4*&*,+%(2*(8&G'&0,(;*&
!"&*,1;1-&15'"&):'&!"*,1;'*&1"&)=/%,%*&15'"8&S-&'&#.@.,4*&0%"&);'6%1&#1&1"&;(,%);%,%*&15'"3&#',(&'& /.,@%"03&"1&*,1;1-&5.',(3&#%&01@-1-&/%*'-&!5@+*,4"(2*(3&)(&1F('F+&2%&5.',(8&9,%"&"(;1*%"6'&)'3&)(&
!5@%@'*&2%&e#.*,.;%*&!"*,(?1-&*,1;8&R"&7%"(3&);%,%*1-&!"#."=1,'*&0(&;(,%);%,%*&()*(&-(?'*&0(&*,1;3&;,%"& ,1%"('F+&2%&*,1;1-3&2%&')*7(-&1"1-&!-&"(".,.#(2*(&;(&#(-+-'-*8&C',3&-1#,1&#1,%.)3&'54"0.1+&)1"*&/%#*%5(-(&
01@-1-&/%*'-8&!"&#.")*%*16%'&'#()*1%&01@-1&/%*'-&:&;(&-4"?+&7-1%01-&15'"&:&)(&'7-+&2%&7-1%0&/%*'-&5%"(,'-3& )*+;4"1-1%&-.,3&'-(&);%,%*1-1%3&#',(&-(:'&7.,5'*&2%&#."01)8
/(?(*'-&2%&'"%5'-8&I#()*(&7-1%0(&/%*'-(&;,./%"&0%"&'-%5("*(-(&%"?(,'*(&2%&')%5%-'*(&0(&.53&'7-'*(&!"*,:.& J.';*('&#4"0&%()(&0%"&*,1;&2%&#.-%"0+&;,%"&-15('&);'6%'-+3&);%,%*1-&'7-+&0(&-'&;,%(*("%3&0(&-'&?$%01-&
)*',(&0(&').#%(,(&2%&"1&0(&#.5@%"',(&;,.71"0+8&a&5%#+&!"*./+,+2%,(3&0',&'*4*'&*.*8&c()*1-&!"/(-%21,%-.,& )+13 & #+ & )( & ';,.;%( & (-%@(,',(' & 0%" & *(5"%6' & *,1;1-1%8 & o%%"0 & #."2*%("* & 0( & ;-'"1- & 0%/%"3 & 0.,(2*( & 0%"&
7-1%0%#(&)1"*&"15'%&15'"(8 '04"#1-&7%%"6(%&)'-(&)+&/%"+&.&0'*+&'#(')*+&)74"*+&F%8&C%"&'#()*&5.5("*3&(-&)%"?1,&!"#(;(&)+&0+,45(&
H(&,.)*&',&5'%&'/('&'-*(87-1%0(&2%&!"/(-%21,%&!"&=1,1-&);%,%*1-1%&15'"D&I2'0',3&'7%,5&!"#+&.&0'*+&#+& ;(,(6%%&*(5"%6(%&1"0(&'&/%(61%*&'"%&2%&'"%&0(&F%-(8
(&?,(2%*+&%0(('&(5%)+&0(&'#(-&.#1-*%)*8 R"&#'F1-&01$1-1%&'7-'*&-'&1"&"%/(-&%"7(,%.,&0(&(/.-16%(3&"(#1".)#+*.,&'-&*'%"(-.,&#(,(2*%3&%"*(,/%"&
C(&'-*5%"*(,%3&5'*(,%'&7-1%0%#+&'&01@-1-1%&/%*'-&15'"&'&7.)*&.@6%"1*+&0(&);%,%*&0(&-'&;+,%"6%3&0(&-'& 5(0%#%%&#(,(2*%8&I#(2*%'&#1".)#4"0&5.5("*1-&(-%@(,+,%%&0(7%"%*%/(&'&01$1-1%&0%"&*,1;3&/%"&2%&-1#,('F+&
(-(5("*(-(&-.,&)(L1'-(3&);(,5'*.F.%01-&*'*(%&2%&./1-1-&5'5(%8&!"&=1,1-&'#()*.,&#(-1-(&,(;,.01#+*.',(&)(& ')1;,'&01@-1-1%&(*(,%#3&5.0%7%#4"01:%&#.5;.F%6%'3&)+,+#%"01:<&2%&,1%"4"01:<8
'7-+&#4*(&.&!"/(-%*.',(&0(&7-1%0&/%*'-3&0(&"'*1,+&(-(#*,.5'?"(*%#+&;.F%*%/+&;("*,1&1"'&2%&"(?'*%/+& [.%&*,+%6%&!"&*,1;&2%&"1&2*%6%&#(&5%"1"(&(&7+;*1,'&)'8&9,%/%"01:<3&".%&/(0(5&;,%"&(-&#'&;,%"*,:1"&
;("*,1&#('-'-*+8&N,'6%(&'#()*.,&7-1%0(&/%*'-(3&0(&"'*1,%&0%7(,%*(3&#(-(&0.1+&(-(5("*(&)(L1'-(&)(&#'1*+&2%& ?('58&R%&/(0(5&.,?'"(-(3&*.'*(&#(-1-(-(&'7-'*(&!"*,:.&5%2#',('&0(&0%-'*',(&2%&#."*,'#*',(3&/(0(5&#15&
)(&'*,'?&1"1-&#+*,(&'-*1-3&;("*,1&'&)(&#."*.;%8 '-(',?+&?-.@1-(-(&)4"?(-1%&;,%"&/')(-(&-.,3&#1,("*1-&(-(#*,%#&#1,?4"0&0(:'&-1"?1-&"(,/%-.,3&/(0(5&
o-1%01-&5'?"(*%#&0%"&=1,1-&(-(5("*(-.,&)(L1'-(&'-(&'"%5'-1-1%&()*(&0(.)(@%*&0(&7-1%01-&5'?"(*%#& *.*1-3&;4"+&-'&'*.51-&#(&#.")*%*1%(&)1@)*'"6'&#(-1-(-.,&*,1;1-1%&2%&,+54"(5&1%5%6%&0(&5%"1"'*'&)'&
0%"&=1,1-&#(-1-(-.,&)(L1'-(&15'"(8&S-(&'1&.&'-*+&/%@,'6%(3&.&'-*+&/%'6+3&1"&'-*&,'"?&!"&-15('&7-1%0(-.,8 '-#+*1%,(3&0(&!"6(-(;#%1"('&H,('*.,1-1%3&#',(&<:'&.,?'"%F'*&2%&;1)&-'&0%);.F%6%'&01$1-1%M
9("*,1&'&)(&!"/(0(,'&'#()*&-1#,13&)(&;.'*(&7'#(&1,5+*.',('&(L;(,%("6+8 C%)#1*'6%3&/+&0(;-')'6%&)'1&#%*%6%3&0',&%"%5'&@'*(3&,%"%#$%%&7%-*,('F+&)1@)*'"6(-(&".#%/(&0%"&)4"?(&2%&
9(&.&;-'#+&0(&)*%#-+&)(&/.,&;1"(&5'%&51-*(&./1-(&0(&.5&2%&#4%"(3&%',&!"&/(#%"+*'*('&-.,&5'%&51-6%& %"*()*%"(-( & '@).,@ & 0%" & @.-1- & '-%5("*', & )1@)*'"6(-( & "1*,%*%/(8 & P,+%6% & 7(,%#%6% & )'1 & "(7(,%#%6%3 & 0', & !"&
);(,5'*.F.%F%&0(&.5&2%&#4%"(8&!"&'"15%*(&#."0%6%%&0(&-15%"+3&#+-01,+&(*#3&)(&/'&/(0('3&)1@&5%#,.)#.;3& '04"#1-&#(-1-(-.,&)(&;(*,(#&.&%"7%"%*'*(&0(&;,.#()(&2%&7(".5("(3&7+,+&#'&01$1-&)+&2*%(&#(/'8
#15&);(,5'*.F.%F%%&15'"%&)(&/.,&71,%2'&;,%"&-%#$%01-&);(,5'*%#&2%&/.,&5(,?(&"15'%&#+*,(&./1-(-(& a,?'"%)51-&/.)*,1&71"#6%."('F+&5(,(13&)(#1"0+&0(&)(#1"0+3&#'&.&5'2%"+&'1*.5'*+8&C1@-1-&/%*'-&
15'"(3&%',&);(,5'*.F.%F%%&#'"%"%&"1&)(&/.,&#."*.;%&0(#4*&#1&./1-(-(&0(&#+6('8&C(&#(&'#(')*+&)(-(#6%(D& :&5(#'"%#1-&:&)1;,'/(?$('F+& @1"1-& 5(,)& '-& '#()*(%&#.5;-%#'*(&5'2%"%3& %',& 5%#'&)#4"*(%(&0%/%"+3&
9("*,1&#+&7%(#',(&(-(5("*&)(L1'-&5')#1-%"&:&?,'6%(&7-1%01-1%&)+1&);(#%'-&:&()*(&'*,')&#1&;1*(,(&0(& 01$1-&15'"&;,.7%*+&:&/(0(3&'10(&2%&)%5*(&-15('&7%F%#+8&C1$1-&1F('F+3&0',&0(&#(-(&5'%&51-*(&.,%&
7-1%01-&5'?"(*%#&#."*,',&0%"&'#(-'2%&,(?"3&15'"&)'1&'"%5'-8 '@1F('F+3 & ,1%"4"0 & 5'% & 0(/,(5( & 01@-1- & /%*'-3 & )(,/%*.,1- & )+1 & @1" & 2% & )1;1)3 & 7+,+ & )+ & 2*%( & #+3 & ;,%"&
K:', & ;1*(' & 7'#( & . & (L;(,%("6+ & 2% & 5'% & ';,.;%'*+ & 0( & "'*1,+8 & R"*,.01#4"0 & !" & /'?%"1- & #+6(-(%& ,(;(,#1)%1"(3&!2%&,1%"('F+&;%(0()*'-1-&*(,()*,13&*,1;1-3&;,%"&#',(&!"/'6+&-(?%-(&5'*(,%(%&7%F%#(&2%&'-(&
);(,5'*.F.%F%&15'"%3&)(&/'&/(0('&#+&(%&"1&/.,&!"'%"*'&);,(&1*(,3&0%"&#'1F+&#+&"1:%&'*,'?(&7-1%01-& 5.,'-(%&).#%'-(8
#(-1-(-.,&)(L1'-(&'"%5'-(3&#$%',&0'#+&)1"*&0(&)(")&#."*,',8
o-1%01- &#',(& '*,'?(&#(-(& 0.1+ &(-(5("*( &)(L1'-(3& -:'5&"15%* &;81%518&%1A%,%% &2%&()*(&0( & "'*1,+&
5'?"(*%#+8
C%"&5.5("*1-&71F%."+,%%&#(-.,&0.1+&#(-1-(&)(L1'-(&):'&"+)#1*&.&#(-1-+&".1+3&"15%*+&.13&%',& 5#%#%-.##)NM'=+.#*-.
7-1%0(-(&-.,&:&;.F%*%/(&2%&"(?'*%/(&:&):'1&#."*.;%*&!"*,(&(-(&2%&'1&0'*&"'2*(,(&1"1%&7-1%0&"(1*,1&:01@-1-&
/%*'-&'-&'#()*1%&.18&H(-1-':.1&()*(&'*,')+&#1&.&5',(&;1*(,(&!"&#'/%*'*('&1*(,%"+8&K.)%*+&'%#%3&)(&'-%;(2*(&
0(&;(,(*(-(&1*(,1-1%&2%&0%"&'#()*&5.5("*&5'5'&!%&*,%5%*(&;,%"&#1,("*1-&)+1&)'"?1%"&#'"*%*+6%&0(&7-1%0& U+&!"*,(@%&0'#+&(L%)*+&!"*,'0(/+,&;(,).'"(&#1&5%"1"'*1-&$',&0(&'&#%*%&?4"01-&.'5("%-.,8
/%*'-&0%"&#',(&)(&$,+"(2*(&2%&0(F/.-*+&01@-1-&/%*'-&'-&.1-1%8 C'3&(L%)*+&')(5("('&.'5("%3&0',&(%&)1"*&(L*,(5&0(&,',%3&5'%&,',%&#$%',&0(#4*&5(0%15%%3&#',(&'10&
K1@&'#6%1"('&'#()*1%&01@-1&/%*'-3&#(-1-'&()*(&)%-%*+&)+&)(&0%/%0+&!"&0.1+3&';.%&!"&;'*,13&!"&.;*3&2%& /.,@%,('&".')*,+&);%,%*1'-+8
'2'&5'%&0(;',*(3&!"&;,.?,()%(&?(.5(*,%#+3&7.,54"0&.&5')+&#(-1-',+&;,%"&#',(&)(&,'5%7%#+&2%&!"*%"0(& H'1F'&'#()*(%&,',%*+6%&)(&'7-+&!"&1"'&0%"&5',%-(&-(?%&#(,(2*%3&#',(&.;,(2*(&'#()*&0',&);%,%*1'-8&C',1-&
01@-1-&7-1%0%#8 0(&'&#%*%&?4"01,%-(&',&"(".,.#%&1"&01$&!"*,1;'*&-%;)%*&0(&1"&*,(#1*&(/.-1*%/&0(&-1"?+&01,'*+J(".,.#%,('&
H1,4"03&#+*,(&'#()*&?-.5(,1-&#(-1-',&/%"(&0(&-'&);%,%*1-&#'"0%0'*&-'&!"*,1;',(&:&(L*(,%.,&5'5(%&:&.& ',& #.")*'&!"&7';*1-&#+3&0(6%"4"0& '#()*&0',3&',&7%& %);%*%*&)+& #%*(')#+&?4"01,%-(& #(-(& 5'%&%"*%5(&'-(&
,'51,+&7-1%0%#+&;,%"&#',(&'#()*'&)(&-('?+&0(&/%%*.,1-&)+1&*,1;8&U'5'&/'&#.")15'&'-%5("*(&/(?(*'-(&2%& )(5("%-.,&)+%3&2%&';.%&)+&;,.7%*(&0(&#(-(&'7-'*(3&!"&0%7(,%*(&)#.;1,%&2%&%"*(,()(&;(,)."'-(8
'"%5'-(3&#1&7-1%0(-(&-.,&);(#%7%#(3&2%&%"*,4"0&!"&)4"?(3&)(&/.,&,+);4"0%&!"&=1,1-&/%%*.,1-1%&7(*1)8&R'*+&#+& !"'%"*( & 0( & ' & 0(F/.-*' & '#()* & )1@%(#*3 & '7%,5 & #+3 & 0%" & 0%7(,%*( & 5.*%/(3 & '#(')*+ & #';'#%*'*( & ';',(&
01@-1- & /%*'- & 15'" & /' & '/('3 & ;( & -4"?+ & 7-1%0 & 15'"3 & 2% & 7-1%0( & 5%"(,'-(3 & /(?(*'-( & 2% & '"%5'-(8 & C'#+& #4*(.0'*+&(7(5(,&-'&1"(-(&;(,).'"(3&0',&0%);',(&#1,4"08&S)*(&'*4*&0(&*,(#+*.,&!"#4*&(%&!"2%2%3&01;+&
,';.,*1-&'#()*.,&7-1%0(&"1&()*(&!"&#'"*%*'*('&".,5'-+3&/%%*.,1-&#.;%-&/'&%(2%&#1&0%7(,%*(&5(*($"(&0(& *,(#(,('&7(".5("1-1%3&)(&5%,+&#15&0(&'1&#%*%*&'#(-(&?4"01,%8
"'*1,+&*,1;(')#+3&0',&5'%&'-()&%"*(-(#*1'-+Q&01;+&#15&01@-1-&/%*'-&/'&7%&".,5'-&)'1&'".,5'-3&2%&*,1;1-& I#15&)+&/(0(5&5(#'"%)51-&#%*%,%%&)'1&'7-+,%%&?4"01-1%&1"1%&.58
/%%*.,1-1%&#.;%-&/'&7%&#.,(#*&)'1&%"#.,(#*&#.")*,1%*8
U[X >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"& U[Y
?(,

U'%&!"*4%3&*,(@1%(&)+&2*%6%&#+&'*1"#%&#4"0&.51-&',(&;(&)17-(*&.&*'%"+3&.&%0((&;(&#',(&/,('&):.& o.*.?,'7%(,('&("*%*+6%-.,&);%,%*1'-(
')#1"0+&!"&'04"#1-&)17-(*1-1%&)+13&*.#5'%&'#(-&)(#,(*&()*(&0'*&5'%&,(;(0(&-'&%/('-+Q&2%&%'*+&#158
9,%"&7';*1-&#+&'#.,0+&.&%5;.,*'"6+&0(.)(@%*+&1"(%&%0(%3&;,%"&)%-%"6'&0(;1)+&#'&"1&#15/'&)+&)#';(&
1"&#1/4"*&.,%&)+&7'#+&/,(.&'-1F%(&-'&('3&.51-&.&7%L('F+&F%&0(&F%&*.*&5'%&;1*(,"%#&!"&)17-(*1-&)+18&G'& N+)%"0&1"&7.*.?,'7&;,.7()%."%)*&)'1&'5'*.,&#',(&"(&;.'*(&)(,/%&#'&5(0%153&1"%%&0%"*,(&".%&0+5&
!"#(;1*&%5'?%"('&%0(%%& (,'& )%5;-+3&0',&?4"0%"01:)(&-'&('3&)%-%"01:)(&5(,(1&)+&.&6%"+&')#1")+3&.& @1F"'&!"&#'@%"(*1-&)+1&0(&-1#,1&;("*,1&'&"(&7.*.?,'7%'8&R"&'#()*&)#.;3&-1+5&7-1%0(&0%"&01@-1-&/%*'-&'-&
,(;,.01#(3&.&51-*%;-%#+3&!"F(#%"0:.&2%&!")1*%"0:.8&H1&#4*&!2%&!"0,(';*+&5'%&51-*&'*("6%'&-'&('3&#1&'*4*&.& 5(0%151-1%:7.*.?,'7&2%& -(&!5@%@+5& !"&;(,%);%,%*1-& ".)*,13& 7+#4"01:<&5'%& #.5;'#*3& 5'%& 0(")Q&!"&
7.,*%7%#+&2%&%0(('&%()(&5'%&-'&)1;,'7'6+3&0(/%"(&5'%&12.,&(L*(,%.,%F'@%-+8 '#(-'2%&*%5;3&"(&5%#2.,+53&#'&;,%"&'#()*&7';*&)+&!"0()+5&5'%&@%"(&7-1%01-&(L*,')&2%&';.%&"(&'2(F+5&-'&
K+&-1+5&1"&(L(5;-18 0%)*'"6'&.@%2"1%*+&!"&7'6'&.@%(#*%/1-1%8&o.*.?,'71-&7+#4"0&;.F'&-'&-15%"'&/%(&'&(-(#*,%#%*+6%%&,%)%;(2*(&
T"&.5&'&#.5%)&.&%"7,'#6%1"(8&o,%#'&0(&'&"1&7%&0()#.;(,%*&!-&0(*(,5%"+&)+&7'#+&*.*&;.)%@%-1-&:&;,%"& 7-1%0(-(&'#151-'*(&#1&'*4*'&?,(1*'*(&!"&=1,1-&".)*,13&2%&"1&';+,(5&#-',&;(&;-'#'&7.*.?,'7%#+8
7';*(3&/.,@(&(*#8&:&)+&"1&7%(&@+"1%*&0(&7';*'&)'8&9,%"&1,5',(3&!2%&!"0,(';*+&5(,(1&?4"01,%-(&')1;,'& p%(*1-&.5&'&7.*.?,'7%'*&1"&#-%("*3&0',&-4"?+&(-&):'&'-+*1,'*&1"&')%)*("*&"(/+F1*8&R"&5.5("*1-&
7';*(%&)'-(3&7%%"0&;,(.#1;'*&0(&')#1"0(,('&(%8&R&)(&;',(&#+&()*(&@+"1%*&0(&.,%#%"(&;,%/(2*(&5'%&-1"?&-'& (L;1"(,%%&7-1%0(-(&01$1-1%&'1&7.)*&,%)%;%*(&0(&-15%"'&(-(#*,%#+3&0%).#%%"01:)(3&0',&,(12%"0&*.*12%&)+&
(-8&I0%#+3&%',&2%&%',&()*(&#1&?4"01-&-'&#(('&#(&'&7+#1*8&I;',%6%'&!"*45;-+*.',(&'&1"1%&;.-%6%)*&!-&7'#(&)+& %5;,()%."(F(&/'?&;-'#'&)(")%@%-+8&9,%"&1,5',(3&;.F'&#-%("*1-1%&'&%(2%*&;+*'*+3&%"#.,(#*+Q&;-'#'&):'&
*,()',+&2%&?4"01-&!%&71?(&%',A&BJ1&#15/'&+)*'&5+&#'1*+&;(&5%"(DE&I)*7(-&#+3&/,4"0:"(/,4"03&'#()*& )*,%#'*8&C(/(-.;4"0&;-'#'3&7.*.?,'71-&)(&5%,+&#+&%&):'&)*,%#'*&;.F'&2%&@+"1%(2*(&#+&'&#15;+,'*&.&;-'#+&
"(7(,%#%*&7+;*1%*.,&)#.'*(&0%"&'04"#1-&5(5.,%(%&%0(%-(&7';*(%&)'-(&2%&7+,+&)+&2*%(3&7+,+&)+&/,('3&-( '-*(,'*+8 & J(?1)*.,1- & 0( & ;-+#%3 & ;,%5%"0 & ')(5("(' & ,(#-'5'6%% & 0( & -' & 5'% & 51-6% & #-%("6%3 & ,(#-'5+ & -'&
(L*(,%.,%F('F+8 ;,.01#+*.,3&#',(&2%&(-&()*(&5%,'*3&2%&"%#%&1"1-3&"%#%&'-*1-&"1&@+"1%(2*(&#+&'%#%&(&%);,'/'&1"1%&.5&0%"&
);'6%13&'&1"1%&01$&0.,"%#&)+:2%&'2*(',"+&7%?1,'3&;.)*:5.,*(53&;(&.&;-'#+&;+54"*(')#+8
P,(;*(-( & #%*%,%% & ?4"01-1% & )'1 & ' & 7';*(-., & #.5%)( & )( & ,%0%#+ & 0( & -' & )%5;-' & ;,()1;1"(,(3 & ;4"+ & -'& 9.F(-(&7+#1*(&!"&'(,&-%@(,&2%&!"&'51,?1-&)(,%%&"(&,(12()#&5'%&0()3&5'%&'-()&;,%"&#%5%*%,(3&1"0(&'/(5&-'&
/(0(,('&)'1&'1F%,('&?4"01-1%&:&#'&!"&-15('&".')*,+&'&01$1,%-.,8 0%);.F%6%(&7-1%0&/%*'-&0%"&@(-21?8&P.*12%3&*($"%#'&7.*.?,'7%(,%%&".')*,(&*,(@1%(&!5@1"+*+6%*+8&H1&'#(')*+&
R'*+:<&;(&7+;*'2&!"&7'6'&#.5%)',1-1%8&9,%"&5()(,%'&-.,3&'#(2*%&.'5("%&'1&0.@4"0%*&1"&7(-&0(&'&?$%#%& .#'F%(3&!5%&;(,5%*&#4*(/'&.@)(,/'6%%3&'&#+,.,&1*%-%F',(&',&01#(&-'&,(F1-*'*(&7,15.')(8&R'*+&'#()*(&
;(&7+;*'23&2%&%'*+&#158&H.5%)',1-&2*%(&#+&%0(%-(&)1"*&#'&/(,%?%-(&1"1%&-'"6Q&';1#%&0(&1"'&2%&*,'?%&';.%&0(& )1?()*%%&'-(&5(-(8
*.'*( &#(-(-'-*(8 &K*4"0 & !" & 7'6' & #.5%)',1-1-1%3 &7+;*'21- &*,(51,+ &-' & ?4"01- & #+ &/' &7% & 0()#.;(,%*8 & C',& C(.',(#(&5(0%15%:7.*.?,'7%3&#.")'#,'6%&#'&'*',(&0(&H(,3&"1&;,('&)(&?+)()#3&%',&".%&"1&,(12%5&)+&
*.#5'%&?4"01-&'#()*'&)#.'*(&-'&)1;,'7'6+&%0(%-(&7';*(%&)'-(3&#',(&;.,"()#&;,%"&);'6%1&)1@&7.,5'&1".,& %5;,()%."+5&0%"&;,%5'&!"#(,#',(&;-'#'&7.*.?,'7%#+3&'/(5&"(/.%(&;("*,1&7%(#',(&,(;(*',(&0(&.&".1+&
)(5"(&(*(,%#(&#.-.,'*(&2%&).".,(8&9.-%6%)*1-&)'1&5'?%)*,'*1-&-(&;,%5(2*(3&%"#."2*%("*3&!"&);%,%*1-&)+18& #'"*%*'*(&0(&7-1%0&0(&-'&7.*.?,'78&C',&"1&"(&;1*(5&;(,5%*(&)+&0(;+2%5&.&.',(#',(&-%5%*+&;("*,1&#+&!-&
H15&"1&;.'*(&*,'01#(&#-',&'#()*(&%0(%&!"&5("*'-1-&)+13&(-(&)(&','*+&"15'%&)1@&7.,5+&0(&@+"1%(-%8& !5@.-"+/%53&7+#4"01:"(&,();.")'@%-%&0(&)17(,%"6'&)'8&J1&"(&,+54"(&0(#4*&)+&"(&;,.#1,+5&7-1%0&0%"&
I/4"0&'#(')*+&@+"1%'-+3&!"#(;1*1-&)-'@&'-&1"(%&#."/%"?(,%3&;1"(&!"*,(@+,%&5(2*(21?%*(3&)#.64"0&0(&-'& );'6%13&2%&)+&;.F+5&7+,+&7-1%01-&7.*.?,'71-1%8&!"&'#()*&)#.;&"(&?4"0%5&-'&#$%;1-&2%&!"7+6%2',('&'/1*+&!"&
7+;*'2&%0(%&-+*1,'-"%#(3&'7-'*(3&#4*&0(&#4*3&!"&,(-'6%(&#1&7';*'&')#1")+8&9(,);%#'#%*'*('&#(,#(*+*.,1-1%& /%'6' & *(,()*,+8 & 9,%" & #."#("*,',(' & ?4"0%,%%3 & "( & #,(+5 & 1" & #.,; & 7-1%0%# & '%0.5' & #1 & #(- & 0%" & /%'6'&
?+)(2*(&#+&1"'&0%"&%0(%&',(&-(?+*1,+&#1&!")+2%&7';*'&2%&.&0'*+&#(&'&;1)&54"'&;(&'#(')*+&;,%5+&/(,%?+3&.& ;,(#(0("*+8&I#153&)*,4"?(53&#."0(")+5&'#()*&#.,;&0(&5+,%5(&"'*1,'-+3&;4"+&0(/%"(&5%#&0(&*.*3&#4*&
);(#1-('F+3&.&!"*.',#(3&.&)1#(2*(3&#'&)+&5'%&)#.'*+&!"#+&1"'&2%&!"#+&1"'3&*.'*(&7%%"0&-+*1,'-"%#(3&0',&0(& 1"&@.@&0(&5'F+,(8&H1&'#(')*+&0%5(")%1"(&"(&'2(F+5&-'&0%)*'"6'&#."/("%*+&;4"+&/.5&%5;,()%."'&
5',(&/'-.',(3&;("*,1&'&.@6%"(&;(&@'F'&-.,&5+,*1,%)%,('&7';*(%&#.5%)(8 ;-'#'&7.*.)(")%@%-+8&S)*(&"(/.%(&0(&.&(L;1"(,(&5'%&-1"?+3&0(&V:X&5%"1*(3&;("*,1&#+&/($%#.-1-&".)*,1&
!"&'#()*&#'F&'/(5&0(:'&7'#(&#1&1"&)%5;-1&'#*&0(&;)%$.-.?%(&15'"+3&.&)%5;-+&@+"1%'-+&"+)#1*+&0(& "1&()*(&1"&#.,;&).-%0&#'&'-&7,'6%-.,&;+54"*("%3&#%&()*(&1"&#.,;&7-1%0%#&#',(&/'&%5;,()%."'&5'%&?,(1&
%0(('&;-(#'*+&0%"&);%,%*1-&7+;*'2&2%&*,'")5%)+&%"/.-1"*',&2%&%"#."2*%("*&);%,%*1-1%&%")*,1#*.,1-1%8&q&#%*%,(& ;-'#'&7.*.?,'7%#+8
0(&?4"03&"(#-',+3&.',(#15&;,()%56%*+3&%"*1%*%/+8 !"&1-*%51-&*%5;&'6%&#.")*'*'*&#+&'"15%*(&)1@)*'"6(&;.*&7%&%5;,()%."'*(&#$%',&0(&-15%"'&)-'@+&'&
C.', & 1" &;1*(,"%# & 5(0%15&/%F1'-&)'1 & '10%*%/&;.'*(&#%*% &)'1&#1".'2*(&?4"01,%-(&#1 &'0(/+,'*8& ".;6%%3&0(&-15%"'&%"7,',.2%(&'&);'6%%-.,&0%"&=1,1-&;+54"*1-1%8&[+&,(#.5'"0&)+&7'#(6%&;-+#%&7.*.?,'7%#(&
SL%)*+&.'5("%&#1&0',1-&0(&'&/(0('&7-1%0(-(&2%&01$1,%-(&0%"&-15('&);'6%%-.,8&C(2%&)1"*&.'5("%&*,1;(2*%3& )(")%@%-(&-'&-15%"'&%"7,',.2%(3&#',(&"1&,%)%;(2*(&7-1%0(-(&".')*,(8&!"&7%"(3&.@%(#*%/1-&';','*1-1%&0(&
)(&#.5;.,*+&0%"&;1"#*1-&0(&/(0(,(&'-&;(,#(;6%(%&')(5("('&1"1%&);%,%*&-%@(,8&I#(2*%&.'5("%&)(&.;,()#& 7.*.?,'7%'*&)+&7%(&.&#.5@%"'6%(&0(&-("*%-(3&#',(&)+&7'#+&0%"&(-&1"&5%#,.)#.;8&H1&'#()*&';','*3&#(&',&
0%"&.,%#(&'#6%1"(&)'1&?4"0%,(3&0(/%"&'*("6%&2%&);%,%*1-&-.,&*,'01#(&'1*.5'*&)(5"(-(&#.-.,'*(&%(2%*(&0%"& ;1*('&7.*.?,'7%'&2%&5%#,.@%3&#1&;-+#%&)(")%@%-(&-'&-15%"'&%"7,',.2%(&2%&;,%"&#."*,'#*',('&".')*,+&0(&-'&
#';1-&)(5("1-1%&-.,8&I;',("6'&7'#(&)+&)(&#,('0+&#+&(%&/+0&#1&.#$%%&*,1;(2*%&?4"0%,('&1"1%&.58&!"& 5+,%5('&1"1%&.5&*,1;()#&;4"+&-'&1"&#.,;&0(&#46%/'&5%-%5(*,%3&/.5&;1*('&)(")%@%-%F'&;(,7(#*&;-'#'&
,('-%*'*(3&);%,%*1-&:&7+,+&2*%,('&;(,)."'-%*+6%%3&'&#."2*%%"6(%&)'-(&0(&/(?$(&:&/(0(&,(;,(F("*+,%-(&)%5@.-%#(& 7.*.?,'7%#+3&#$%',&2%&-'&!"*1"(,%#3&#4"0&-15%"'&"1&"(&/'&5'%&,%)%;%&7-1%0(-(8
'-( & ?4"0%,%% & 1"(% & ;(,).'"( & 2% & -( & *,'01#( & '1*.5'* & !" & ?,'% & 5("*'-8 &I)*7(- & !" & 5%"*(' & .5("(')#+ & '& I5 & #,(0%"6' & #+ & : & %"*,4"0 & !"*,:1" & ".1 & #%#-1 & 0( & 5',( & );%,%*1'-%*'*( & : & )( & /., & "'2*( & 5'% & 51-6%&
#%*%*.,1-1%&0(&?4"01,%&/%"&#1/%"*(:?4"01,%&0(&-'&.&;(,).'"+&'2(F'*+&-4"?+&(-8 5(0%15%:7.*.?,'7%3 & %', & ;,%" & ,('-%F',(' & 1"1% & ';','* & #1 & .@%(#*%/:5%#,.)#.; & 2% & ;,.01#(,(' & ;-+#%-.,&
!"&7%"(3&.&'-*+&#'*(?.,%(&0(&5(0%15%&;,%5()#&1"0(:?4"01,%&:&!"&5.0&*(-(;'*%#3&0(&';,.';(&)'1& %5;,()%."'@%-(&-'&-15%"'&%"7,',.2%(3&/.5&,(12%&5'%&12.,&2%&5'%&@%"(&)+&"(&',+*+5&-15%%&!"*,1;'*(&2%&
0(;',*(&:&)1@&7.,5'&1".,&/.#%8&T"&')(5("('&.53&;.)().,&'-&1"(%&#';'#%*+6%&7.',*(&,',(3&)*+&-%"%2*%*&2%& )+&.&F?101%5&0%"&%0(%-(&(%&7'-)(&#+&B5.,6%%E&'1&51,%*&2%&):'1&;,+;+0%*&;(&/(#%8
)1,4F+*.,&%',&!"&#';1-&)+13&,+)1"+&.&/.#(&#'&2%&#15&',&'/('&1"&,(#(;*.,&0(&*(-(7."&-'&1,(#$(3&;,%"&#',(&
%:',&/.,@%&#%"(/'8
T"(.,%3&.51-&#.")*'*+&#+&%0(%-(&)'-(&)1"*&,.)*%*(&0(&.&;(,).'"+&'7-'*+&'-+*1,%3&5%,4"01:)(&#15&0(&
1"&)*,+%"&'&#%*%*&#(('&#(&?4"0%)(&!"&7.,1-&)+1&%"*%58&C'#+&)*,+%"1-&!%&5'%&);1"(&#4*(/'&0%"&;,.;,%%-(& a51-&*,1;()#&()*(&%")*,15("*1-&("*%*+6%-.,&);%,%*1'-(
)'-(&%0(%3&#'0(&;(&?4"01,%&2%&#$%',&!-&!"?,.F(2*(&7';*1-&#+&"1:2%&;.'*(&(L;-%#'&#15&0(&'#()*&.5&2*%(&
#(('&#(&?4"0(2*(&(-8 P1&(2*%&.5&*,1;()#8&S1&)1"*&.5&'-&);'6%%-.,3&)1"*&1"&);%,%*8&SL%)*+&/,(.&0(.)(@%,(&!"*,(&5%"(&2%&
9("*,1&#+&()*(&!"*,1;',('&1"(%&("*%*+6%&);%,%*1'-(&(/.-1'*(3&#%*%*.,1-&0(&?4"01,%&'10(&2%&/.,@%,('& *%"(D&C'8&R"&'7',+&0(&7';*1-&#+&(1&"1&5'%&'5&*,1;&2$#.,;&/%*'-3&#'&2%&*%"(3&5'%&(L%)*+&.&0(.)(@%,(3&2%&
01$1,%-.,3&'&.'5("%-.,&);'6%'-%3&7%%"0&.;,%*&0(&'#(2*%'&)+&)(&0()*+%"1%(&)'1&)+&7'#+&.&%5;,10("6+3&#',(& !"#+&7.',*(&5',(A&(1&;.)(0&.&5(5.,%(&0(;-%"+3&#.5;-(*+3&'*4*&0%"&*,(#1*1-&5(1&#4*&2%&0%"&/%%*.,3&;(&
)+:<&0('&0(&?.-8&C%"&'#(')*+&#'1F+&0(/%"(&7.',*(&,(F(,/'*&2%&#15%"*(8 #4"0&*1&"1&'%&0(#4*&5(5.,%'&/%(6%%&'#*1'-(8&U(5.,%'&5('&!5@,+6%2('F+&)1*(&0(&5%%&0(&'"%&*,(#16%&2%&
9.)().,1-&1"(%&')(5("('&5(0%15%*+6%&()*(&1"&7(,%#%*3&;("*,1&#+&;.'*(&'7-'&?4"01,%-(&)(5("%-.,3& /%%*.,%3&;(&#4"0&'&*'&'@%'&,(6%"(&;(&#('&'&#4*.,/'&F(#%&0(&'"%&0%"&/%'6'&'#*1'-+8
0',& !"& '#(-'2%&*%5;&()*(&2%& 1"&"(7(,%#%*3&#+#%& .51-&(&.5&2%& ;.'*(&#+0('&!"& ?,(2(-%8&9,.7%*4"0&0(& C%"&7(,%#%,(&;("*,1&*%"(3&,(01#(,('&5(5.,%(%&*'-(&%"*(?,'-(&01,('F+&"15'%&!"&*%5;1-&F%-(%3&!"&
#';'#%*'*('&)'&5(0%15%#+&)(&/'&7'#(&"();1)&0(&/%"./'*3&'2*(;*4"01:<&#.")(#%"6(&?,'/(8&o%%"0&1"&01$& *%5;1-&)*+,%%&0(&/(?$(8&J.';*('3&#4"0&!6%&;+,+)(2*%&*,1;1-&0%);1%&#'&2%&".%&0(&7(72,%'&5%0%"+9
)1;(,%.,&2%&1"&;,.*(='*&2%&,+)7+6'*&'-&H(,1,%-.,3&?,(2('-'&)'&/'&#4"*+,%&0(&F(#%&2%&)1*(&0(&.,%&5'%&51-*& C(2%3&?,'6%(&5(5.,%(%&5(-(3&;.)(0&*.*&#(&'5&!"/+6'*3&/+F1*&2%&'1F%*&5%%&2%&)1*(&0(&5%%&0(&'"%3&
0(#4*&'&.,%#+,1%&'-*1-8&I&!"#+-#'*&.&-(?(&5.,'-+&2%&!2%&/'&;-+*%&'5',"%#&?,(2('-'8 #.")*'*&#+&!"#+&"1&#1".)#&;(&0(;-%"&)*,1#*1,'&!"*,(?1-1%&1"%/(,)8&H,('*.,1-&;',#+&'&/.%*&#'&.;(,'&G1%&
o%%"0&#."2*%("*&#+&!5@,+#4"0&$'%"'&*,1;(')#+3&()*(&)1;1)&?,(2(-%%3&"1&.,%#(&01$&'##(;*+&)+&%&)(& )'&,+54"+&1"&5%)*(,&;("*,1&#.;%%%&K+%8&C',&*.*&S-&'&;1)&!"&7%%"6'&".')*,+&0.,%"6'&/%(3&"()+6%.')+&)+:G&
'#.,0(&0',1-&5%"1"'*&0(&'&#%*%&)'1&'1F%&?4"0%,('&.'5("%-.,8&S)*(&?,(1&)+:2%&01#+&-'&-%5'"&5%)%1"('& #+1*+53&)+:R&#(,#(*+5&.;(,(-(8&N,'6%(&#';%*'-1-1%&'?."%)%*&0(&5%-%.'"(&0(&'"%&h&#$%',&0(&5%-%',0(&0(
0()*%"1-1%&;("*,1&#',(&):'&!"*,1;'*3&0',5%*(&)+&)(&5'%&!"#',#(&2%&#1&"+;')*'&')*'3&#',(&;,%"&%);%*%,(&!-&
;.'*(&;,+@12%&);%,%*1'-8&R'*+&0(&#(&)1"*&,',%&5(0%15%%&#%*%*.,%&2%&'10%*.,%&'%&?4"01,%-.,&15'"(8
>%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%j6&F&521'&#',* ?271"%#+,%&5%"&?(,

U[[

'"%3&0(&#4"0&'5&/("%*&!"*4%'&.',+&;(&-15(&#'&01$3&#.;%-&'-&P'*+-1%&5(1&#(,()#&:&?,'6%(&0.,%"6(%&0(&'& #1".2*%"6+8&U("6%"1*&')*7(-&)1@&'#6%1"('&#."*%"1+&'&"',#.*%#1-1%3&01$1-&;.'*(&)+:2%&;%',0+&*,1;1-3&
%)#.0%&2%&'7-'3&(1&#1".)#&#(('&#(&*13&#'&1"&;(-(,%"&*,(#+*.,&!"&'#(')*+&/%'6+&*,1;(')#+3&"1&;.6%&2*%&I2'& #$%',&7+,+&)+&2*%(&0(&'#(')*+&;%(,0(,(8
7%%"03&)1"*&0'*.,3&!"&/%,*1*('&-(?%%&).-%0',%*+6%%3&)+&*(&-15%"(F&2%&;(&*%"(3&!"&)*',('&*'&0(&/(?$(&')1;,'& K+&;,()1;1"(5&#+&,+"%,('&'&7.)*&;,./.#'*+&0(&1"&.5&$'%"3&,+F@1"+*.,&)'1&#1&%")*%"#*(&'"%5'-%#(&
51-*.,&;,.@-(5(&0(&#',(&"%#%&"1&@+"1%(2*%8 !"&(-8&9("*,1&7';*'&)'&/'&7%&=10(#'*&2%&/'&)17(,%&!"&-15('&7%F%#+3&0',&01;+&5.',*('&*,1;1-1%&)+13&/("%"0&
P1&'%&)%561-&;(,#(;6%(%&/%F1'-(&2%&'10%*%/(8&J.%&!-&'/(5&;(&'-&".)*,13&#1&*.*1-&0%7(,%*&0(&'-&/.)*,1& -'&".%3&/'&7%&=10(#'*&0(&o.,1-&)1;,(5&2%&#."0'5"'*&)+&)17(,(&2%&(-&01,(,('&;,./.#'*+&)(5("1-1%&)+13&
2%3&!"&;-1)3&(&1"%*',8&a#$%1-&/.)*,1&"1&/'&/(0('&#(('&#(&/(0(&#.,;1-&".)*,18&T,(#$('&/.')*,+&"1&/'& 0%"&,+1*'*(&)'1&-+#.5%(8&C1$1,%-(&#1-;'@%-(&)1"*&#."0'5"'*(&)+&)17(,(&01,(,('&;,./.#'*+&'-*.,'3&
'1F%&1"0(-(&).".,(&0(&"'*1,+&7-1%0%#+3&;(,#(;1*(&0(&#.,;1-&".)*,18&[.%&/(0(6%&2%&'1F%6%&!"&-15('& ;("*,1&'&!"/+6'&#+&()*(&,+1&)+&7'#%&;(&'-*1-&)+&)17(,(8&I)(5("('&#'F1,%&7%%"0&7,(#/("*(3&'#()*(&01$1,%&
7%F%#+Q&".%&/(0(5&2%&'1F%5&!"&-15('&".')*,+&(*(,%#+8&H4"0&/(0(,('&/.')*,+&'&)-+@%*&/+&)(,/%6%&0(& )1"*&'01"'*(&-'&1"&-.#&2%&-(?'*(&*.'*(&;,%"*,:.&#("*1,+&7-1%0%#+8&I#153&'#()*&5+"1"#$%&0(&7%.,.2%&
.#$(-',%&)'1&#4"0&(&"(;1*%"#%.')+&;("*,1&'&/(0('&-1#,1,%-(&;,('&5%#%&/+&)(,/%6%&0(&5%#,.)#.;8&H(('& #,%5%"'-%3&-%;)%6%&0(&".6%1"('&01,(,%%&';,.';(-1%&-.,3&()*(&;1)&!"&-(?+*1,+3&;,%"*,:1"&#.,0."&7-1%0%#3&#1&
#(&/(0(&.51-&#1&5%#,.)#.;1-&"1&/'&/(0('&"%#%.0'*+&#1&.#$%1-&-%@(,8 1"&@.-"'/3&#1&1"&.5&#(&)17(,+&#15;-%*&0(&.&,'"+&.',(#',(8&C1,(,('&*,1;(')#+&'&'#()*1%&.5&/'&7%&
SL%)*+&5.5("*(&#4"0&/,(5&2%&".%&)+&)*10%(5&5'*(,%'&7%F%#+3&0',&)1@&1"?$%1-&)'1&');(#*1-&15'"& *,'")7.,5'*+&!"&01,(,(&;)%$%#+3&*,'")5%)+&;,%"&#.,0."1-&0(&-(?+*1,+&-'&!"*,(?1-&#%.,#$%"(&0(&01$1,%&
*,1;()#3&%',&"1&#(-&);%,%*1'-8&!"&'#()*&#'F3&)1?(,+5&1"1%&.5&!"*,1;'*&)+&;,%/(')#+&.@%(#*1-&0.,%*8& "((01#'*(3&#',(&;4"+&'#15&"1&2*%'1&#(&(&01,(,('&2%&#(&,+1&(&)+&)17(,(&.51-&*,1;()#8
T"0(-(&7%F%#(&/("%*(&0(&-'&'#(-&.@%(#*&)1@:&7.,5+&0(&%5'?%"(&%5;,()%."('F+&,(*%"'&.51-1%&2%&)1"*& C1$1-&'&7.)*&#."0'5"'*&)+&*,('#+&;,%"&01,(,('&0(&#',(&):'&7+#1*&#1-;'@%-8&T,54"0&'2'&5(,(13&)(&
*,'")5%)( & ;,%" & %"*(,5(0%1- & "(,/1-1% & .;*%#Z;( & #.,*(LQ & 0( & '%#% & )1"* & ;,(-1'*( & 0( & 01@-1- & /%*'-3 & #',(& /'&)+;'&'04"#&!"&);%,%*1-&)+1&,';.,*1-&0%"*,(&.&'"15%*+&7';*+&2%&01,(,(3&7(,%"01:)(&!"&/%%*.,&0(&'&5'%&
*,'")7.,5+&1"0(-(&7%F%#(&!"&1"0(&;)%$%#(8&K;%,%*1-&'#(-1%&.5&;,%5(2*(&'*1"#%&1"0(-(&5%#,.)#.;%#(& 7'#(&'#('&7';*+3&2*%%"0&#+&01;+&('&/'&1,5'&01,(,('8&I)*7(-&)(&7'#(&(01#'6%'&01$1,%-.,&%"7(,%.',(3&;4"+&
;1,*+*.',(&'-(&%5'?%"%%&,();(#*%/(&2%&'7-+&#(&()*(&!"&7'6'&)'8&S1&5+&'-+*1,&'#()*1%&.5&2%&;,%"&1"0(-(& '=1"?&)+&0(/%"+&5'%&!"6(-(;*(8
)'-(&;)%$%#(&/+0&.@%(#*1-&,();(#*%/&)1@&');(#*&7%F%#3&;+54"*()#3&'0%#+&!-&/+0&#'&2%&#15&'2&'/('&2%&(1& P.*&!"&-(?+*1,+&#1&01,(,('3&5'%&'7-+3&7,'*(3&#+&1"%%&.'5("%3&7+#4"0&7';*(&,(;,.@'@%-(3&#',(&;1*('1&
1"&*,1;8&C1;+&#15&5%#,.)#.;1-&/+&)(,/(2*(&)+&/(0(6%&#1&.#$%%&/.2*,%&5%#,.@%%3&%5;.)%@%-&)+:%&/(0(6%& 7%&(/%*'*(&0%"&#'-('&0()*%"1-1%&-.,3&)1"*&#."0'5"'6%&)+&)17(,(8&C'#+&1"&.5&',(&-(?+*1,%&;1*(,"%#(&2%&
0%,(#*3&*.*&')*7(-&2%&".%&"(&)(,/%5&0(&/.%3&;("*,1&'&-1'&#1".2*%"6+3&)1@&');(#*&7%F%#3&;+54"*()#3&0(& "15(,.')(&!"&-15('&01$1,%-.,&)1;(,%.',(3&01$1,%-(&#.@.',+&!"&/%,*1*('&%1@%,%%&#(&-(&-('?+&0(&7,'*(-(&
-15('&7%F%#+3&1"0(&"1&0(&51-*&'/('5&2%&".%&1"&*,1;8 -.,&?,(2%*&2%&)(&-('?+&;,%"*,:1"&7%,&7-1%0%#&0(&%1@%*1-&-.,&!"*,1;'*3&)17(,%"0&2%&(-(3&-14"01:%&.&;',*(&0%"&
C',&"1& "15'%&/.%3& .'5("%%(5%*(6%&1"0(&;)%$%#(&/%F1'-(3&#%&2%&'"%5'-(-(&(5%*& 1"0(& /%F%@%-(& 01,(,(&2%&121,4"01:%&')*7(-&#$%"1-8
;("*,1&".%8&H$%',&#(-(&5'%&5%#%&%")(#*(&(5%*&1"0(-(&-.,3&;(,#(;1*(&0(&".%3&0'#+&/,(58&I2'0',3&".%& R1@%,('&()*(&*(5(-%'&1"%/(,)1-1%3&2%&('&;.'*(&7'#(&5%"1"%8
/(0(5&#(('&#(&/(0(&.&51)#1-%6+3&/(0(5&5%#,.@%%3&%"/%F%@%-%&;("*,1&*%"(3&;(&#',(:&('&!%&#'1*+&2%&!"?$%*(&
#1&5',(&;-+#(,(8&9,%"&1,5',(3&".%&/(0(5&2%&.5("(2*(3&;,%"&%"*(,5(0%1-&/.)*,13&0',&/(0(5&2%&#(('&#(&
()*(&%"/%F%@%-&.#$%-.,&/.2*,%3&0',&()*(&/%F%@%-&;("*,1&1"(-(&'"%5'-(8
C(&;%-0+3&51)#1-%6+&'2(F'*+&;(&.&5')+&0(&)4"?(&!"#$(?'*3&/(0(&.&,(6('&0(&7%,(&;,%"&.#$%1,%-(& H'1F'&'#*%/%*+6%%
#+,(%'&)(&'7-+&?-.@1-(-(&0(&)4"?(&'-@(&2%&,.2%%3&%',&1"(.,%&2%&5%#,.@%%&'7-'6%&;,%"*,(&(-(&)'1&!"&(-(8&S'&
(5%*(&1"0(&;)%$%#(&2%&(1&/+0&;,%"&%"*(,5(0%1-&-.,&#(('&#(&/.%&/(0(6%&"15'%&#1&5%#,.)#.;1-8
C(&#4*(&.,%&"1&"(&'@'*(5&;(&-'&-'@.,'*.,1-&1"1%&)'/'"*&2%&#(,#(*+53&"(/+F1*&0(&(-3&#(('&#(& C(2%&()*(&!"#(;1*1-&*1*1,.,&.;(,(-.,3&"15+,1-&1"1&()*(&"(;1*%"#%.)&#4"0&()*(&)%"?1,3&#$%',&0'#+&
.@)(,/+&)1@&5%#,.)#.;1-&)+18&[(0(5&%5'?%"%-(&2%&!%&#%*%5&?4"01,%-(3&,(7-(#6%%-(&)'-(&;,%/%"0&#(('&#(& '#(- & 1"1 & ', & 7% & 1"' & 0%" & #(-( & 5'% & !"'-*( & o.,6( & 0%/%"(8 & C'#+ & !")+ & *,(% & 0( &1"1 &)( & ').#%'F+ & ;("*,1&
/(0(&)1@&5%#,.)#.;8 !"0(;-%"%,('&1"(%&.;(,(3&7.,6'&-.,&()*(&,()%56%*+3&/.%"6'&-.,&)(&%5;1"(3&.;(,'&-.,&/'&'/('&)1##()8
[(F%3 & 0,'?+ & 7,'*(3 & 0( & #4*( & 5%=-.'#( & 0%);1"(5 & ".%D &I)(5("(' & *'%"( & '-( & -15%% & ".')*,( & )1"*& I/4"0&!"&/(0(,(&'#()*&;,%"#%;%13&*.'*(&.;(,(-(&#(,(2*%&'1&-'&@'F+&"15+,1-&*,(%8
"("15+,'*(3&0',&"1&-(&;1*(5&5+,*1,%)%&.,%#1%8&9(&0(&.&;',*(&.,%#(&#.51"%#',(&*,(@1%(&)+&'%@+&.& !"&-15('&/.')*,+3&1"1&;-1)&1"1&;-1)&!"#+&1"1&7'#&*,(%8&!"&-15('&#(,(')#+3&1"1&;-1)&1"1&;-1)&1"1&
'1*.,%F',(&;,('-'@%-+&'&5',%-.,&".2*,%&)1;(,%.,%3&%',&;(&0(&'-*'3&"1&/,(5&)+&;+,(5&')(5("('&1".,& 7'# & *.* &1"1/ &. & 1"%*'*( & )74"*+3 & "15%*+ &);E"*' & *,(%7(/ &#',( & )( & @1#1,+ & 0( & @%"(#1/4"*',(' & o.,6(-.,&
/%)+*.,%3&;("*,1&#+&0(&#(-(&5'%&51-*(&.,%&#.51"%#+,%-(&".')*,(&;',&'&7%&'@)1,0%*+6%&;("*,1&/.%8 )1;,(5(&'-(&1"%/(,)1,%-.,8
c(/%"3&);1"4"01:/+&#+&'/(5&5%=-.'#(-(&".')*,(&0(&%"/()*%?',(3&0'*.,%*+&#.")*%*16%(%&#.,;1-1%& I#(')*+&*,(%5(&()*(&*(5(%1-&.,%#+,1%&)1##()&'-&.;(,(-.,&#(,(2*%8&C'#+&'#()*&;,%"#%;%1&',&7%&1,5+,%*&
".)*,18&[(0(,('&".')*,+&()*(&01@-+A&/(0(5&!"&-15('&01$1,%-.,&0',&/(0(5&2%&!"&-15('&7%F%#+3&*,1;(')#+3& 2%&!"&/%'6'&*(,()*,+3&2%&0()*%"1-&"1&)(&.;1"(3&)1##()1-&1"(%&'#6%1"%&.',(#',(&',&7%&0%"'%"*(&2*%1*8
#(('&#(&/+0&.'5("%%&*,1;(2*%8 9,(.*1-&!2%&!"#(;(&#1/4"*',('&,.)*%"0&5'%&!"*4%&)'#,'5("*'-'&7.,51-+A&BR"&"15(-(&P'*+-1%3&'-&
I#()*(&7'#1-*+6%&-(&'/(5&2%&!"&;,%/%"6'&'1F1-1%8&T"0(-(&/.')*,(&).".,(3&'(,%("(:7%F%#(3&7%%"0&7.',*(& o%1-1%&2%&'-&K74"*1-1%&C1$E8&H4"0&*(,5%"+3&);1"(&'#(-'2%&-1#,18
?,.).-'"(3&#1&/%@,'6%%&0(&1"0+&7.',*(&-1"?%&2%&0(&%"*(")%*'*(&5%#+3&"1&-(&;1*(5&'1F%8&C'#+&0.,%5&)+& !"& -15('&/.')*,+&5'*(,%'-+3&)1"*(6%& 54"'6%& -'& -1#,1& 0(&%"*(,()(& 5'*(,%'-(8e& R" & -15('&".')*,+&
'1F%5&7%F%#3&*,1;(2*(3&"(&'2(F+5&!"&';,.;%(,('&#';1-1%&1"1%&7,'*(&!"*,1;'*8&S-&;,%5(2*(&!"&1,(#$%& );'6%'-+3&'/(5&!"&/(0(,(&-(?('&2%&"15'%&-(?('3&)'13&#15&F%#(6%&/.%3&5.,'-%*'*('8&R"*,(&'54"0.1+&)*+&
1"0(-(&).".,(&7%F%#(8&I#()*('&)1"*&#."01)(&;,%"&"(,/1-&'10%*%/&-'&)%)*(51-&#(,(@,'-3&'-&#+,1%&01@-1& 1"%*'*('3&"15%*+&%"*(-(#*3&5.*.,1-&*1*1,.,&.;(,(-.,8
/%*'-&-(&*,'")7.,5+&!"&1"0(Z;)%$%#(8&J15'%&)1@&'#()*&');(#*&0(&1"0(&;)%$%#(&);%,%*1-&/.)*,1&;.'*(& I2'0',3&.&*,(%5(&0.5%"+&/%'6'&.51-1%A&8(-('/&%"*(8%-(".'&2%&%"*(,()18&7'*(,%'89
;(,#(;(&)1"(*1-&0%"&-15('&/.')*,+&7%F%#+8&I2'0',3&1"0(-(&).".,(&7%F%#(3&*,'")7.,5'*(&!"&1"0(&;)%$%#(& a51-&(&1"&5%#&C15"(F(13&1"&#'"0%0'*&-'&015"(F(%,(Q&#'&'*',(&(-&()*(&1"&5%#&-1#,+*.,3&!"&1,%'2'&
0(&01@-1-&/%*'-&'-&)%)*(51-1%&/.)*,1&#(,(@,'-3&)1"*&;(,#(;1*(&0(&".%&#'&2%&#15&'5&'/('&1,(#$%3&'1F%5& 2%&/(2"%#'&.;(,+&'&C%/%"%*+6%%8&9,%"&%"*(-%?("6'&)'&.51-&;,(7'#(&5(,(1&5'*(,%'3&0',&(&"(/.%(&)+&)(&6%"+&
#'&2%&7,'*(-(&".)*,1&!"*,1;'*8 0(&.,0%"('&)*'@%-%*+3&0(&5.,'-+3&0(&-(?(8&C1;+&#(&!2%&;+,+)(2*(&*,1;1-3&5'*(,%'&7%F%#+&,+54"(&=.)3&%',&(-&
C%"&#(-(&(L;1)(&)(&/(0(&:&2%&)+&"1&/+&7%(&#1&)1;+,',(&:&#+&"(&)(,/%5&0(&/.%&01;+&#15&/.%&/'& ;-('#+&#1&7,1#*(-(&%"*(-%?("6(%&2%&'-(&,+);1"0(,%%&)'-(&5.,'-(8&K*',(& ;')%/+&)'1& %"'#*%/+&"1& (L%)*+&
)(,/%6%&0(&'"15%*(&%")*,15("*(&)'1&0%);.F%*%/(8 "%#+%(,%&!"&1"%/(,)8&P.*1-&)(&5%2#+3&3*.*1-&)(&;,(7'#(3&*.*1-&()*(&!"&'#*%/%*'*(8&K;%,%*1-&7%%"0&1"&7'#*.,&
K1@%(#*1-&0()#,%)&5'%&)1)&"1:<&/(%&?+)%&;.5("%*&!"&"%#%&.&-1#,',(&.5("(')#+3&%',&0'#+&5'%&'%& 0(*(,5%"'"*&!"&1"%/(,)3&(-&*,(@1%(&)+&7%(&!"&/(2"%#+&'#*%/%*'*(3&;("*,1&#'&;,%"&51"#'&-1%&)+&!5;%"?+&
,+@0',(&!6%&/.%&);1"(&!"#+&.&*'%"+8 *.*1-&5'%&0(;',*(8&H$%',&0'#+&'2&/,('&)+&)*'13&)+&"1&5'%&7'#&"%5%#3&*.*&"1&;.*3&#+#%&P'*+-&2%:'&#.")*,1%*&
R'*+&1"&7(".5("&#%10'*&2%&!"&'#(-'2%&*%5;&%"*(,()'"*&;("*,1&/.%8&C%"&0%7(,%*(&5.*%/(3&1"&.5&',(& %")*,15("*1-&#',(&5+&)%-(2*(&;(&5%"(&2%&;(&*.'*(&01$1,%-(&)+&7%5&5(,(1&'#*%/(3&)+&-1#,+5&')1;,'&
*,1;1- & )+1 &?,'/& ,+"%*&)'1 &@.-"'/8 & 9,%" &)%)*(51- &)+1 & "(,/.) &;(,%7(,%#3 &01,(,(' &7%F%#+&)( &*,'")5%*(& 5'*(,%(%3&0(&.,%#(&?,'03&;("*,1&'&.&54"'&5'%&0(;',*(&;(&0,151-&(/.-16%(%8
)%)*(51-1%&#(,(@,.);%"'-8&I#.-.&()*(&*,'")7.,5'*+&0(&#+*,(&01@-1-&/%*'-&!"&1"0(&;)%$%#(&0(&01,(,(3&2%& H'&);%,%*3&(1&',&*,(@1%&)+&7%1&5'%&-%@(,3&5'%&;16%"&'#*%/&0(#4*&*%"(3&0(#4*&/.%&*.6%3&;+54"*("%%3&#',(&
!"& '#(')*+& )*',(&()*(&)%56%*+&2%&0(&01$3&#',(&)17(,+&!"?,.F%*.,8&C'#+& "(,/1-&)(")%@%-&;,%"&#',(&)(& '/(6%&'*4*('&"(/.%&0(&!5;-%"%*&;("*,1&)'*%)7'#(,('&/%(6%%&*,1;(2*%8&C%7(,%*(-(&/.')*,(&"(/.%&:&$'%"(3&
*,'");.,*+&)(")%@%-%*'*('&01,(,%%&0(&-'&.,?'"1-&@.-"'/&;4"+&-'&)%)*(51-&#(,(@,.);%"'-&()*(&*+%'*&)'1& $,'"+3&'0+;.)*&:&/+&*,'")7.,5+3&/,4"0:"(/,4"03&!"&7%%"6(&'#*%/(8&I2'0',3&"1&*(&;.6%&)1)*,'?(&'#*%/%*+6%%&
'"()*(F%'*3&)(")%@%-%*'*('&01,(,%%3&"(5'%'/4"0&;(&1"0(&/("%&-'&01@-1-&/%*'-&'-&)%)*(51-1%&#(,(@,.);%"'-& 0%#*'*(&0(&*%,'"1-&*+1&%")*,15("*&;+54"*()#3&'-&#+,1%&,.@&/(%&7%&#4*&/(%&*,+%&;(&'#()*&;-'"&7%F%#8
2%&0(#%&-'&);%,%*3&"1&5'%&()*(&)%56%*+8&H15&"1&5'%&(L%)*+&01,(,(D&SL%)*+3&0',&('&()*(&,()%56%*+&0.',&0(& K:',&#,(0(&#+3&/("%"0&-'&".%3&.51-&'&)#+;'*&0(&'#(')*+&,.@%(3&0(&'-&*,(%-('&7'#*.,&'-&'#*%/%*+6%%&
#(-1-(-(&'7(#*'*(&:&@.-"'/(&)'1&,+"%*(&:&#',(3&!"&/%,*1*('&#."2*%%"6(%&-.,3&;.,"()#&)+&,(;',(&,'"'&;,.01)+& :5'*(,%'&7%F%#+8&S%&@%"(3&7,'*(3&"1&()*(&'2'8&C1;+&0()*,1;',(3&#4"0&"1&5'%&'%&"%#%&1"&,';.,*&7%F%#&#1&
.,%&)+&/%"0(#(&.,?'"1-&@.-"'/8&C(&'#(')*+&,(;','6%(&);%,%*1-&"1&',(3&!"&'#()*&#'F3&"%#%&. *,1;1-&*+13&7'#%&#1".2*%"6+&!"&-15('&);%,%*1'-+3&!"&-.#1-&#(-1%&0(:'-&*,(%-('&7'#*.,&:&5'*(,%'&:&#1&1"
n >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&:&F&521'&#',* ?271"%#+,%&5%"&?(, U[T
'-*&7'#*.,3&0(&.&7.,6+&#./4,2%*.',(3&#',(&(L%)*+&%"/%F%@%-&2%&!"&-15('&/.')*,+3&0',&"1:<&)%56%6%3&0(.',(#(& '7-'&"1& (L%)*'& !"#+&!"&7%%"6'& ".')*,+8& !"'%"*(&0(& '&"(&7%& (5%)&0%"& )4"1-&K+13&P'*+-&'&;1)&!"&".%&
!- & #."71"0'6% &#1 & '#*%/%*'*(' &*,1;1-1% &/.)*,18 &I#()* & ".1 & )*+;4" &"1 &5'% &-1#,('F+ & #1 &7.,6' & @,1*'-+& 7'#1-*'*('&0(&'&02%&2%&;1*(,('&0(&'&!".(8(-(/&0',3&;(&#4"0&(,'5&!"&G'@.,'*.,3&(-(&(,'1&!"*,:1"&)*'0%1&
*,1;1-1%&15'"3&#%&#1&.&)1@*%-%*'*(&0(-%#'*+&2%&;-+#1*+3&0',&#1&.&7.,6+&0(&"(,(F%)*'*3&"15%*+&"(#()%*'*(& (5@,%Ö"',Z&,(01)8&9("*,1&#'&!"&#."0%6%%-(&0(&'#.-.3&-%;)%*(&0(&5'*(,%%-(3&7.,6(-(&2%&')*,(-(&(L%)*("*(&'%#%3&
K;%,%*1-&*,(@1%(&)+&7%(&'#*%/3&#+#%&'-*7(-&)(&;-%#*%)(2*(&2%&0(/%"(&"(7(,%#%*8&SL'5%"4"0&#'1F'&'#()*(%& !"&)7(,'&#,('*+3&)+&-(&7%&0(F/.-*'*&-'&)*'0%1-&'#*1'-3&(,'1&"(#()',(&5%-%',0(&0(&'"%&2%&*.*&"1&'5&7%&,(12%*&
"(7(,%#%,%3&#.")*'*+5&#1,4"0&#+&('&',(&#'&%F/.,&%"'#*%/%*'*('8&C',&'-+*1,%&0(&'#()*&'0(/+,&#.")*'*+5& ;(&0(;-%"&)+&-(&)#.'*(5&0%"&)*',('&-.,&0(&%"(,6%(3&;("*,1&'&-(&;1"(&!"&)*',('&0%"'5%#+&'#*1'-+8&J1&2*%5&
#+&1"%*'*('3&#.(F%1"('&"(&0+&*+,%(&!"&-1#,13&,(12%*+&!"&*.'*(3&;,.#1,4"01:"(&7(,%#%,(8&I*1"#%&"(&1"%5& #15&'5&7.)*&#,('6%&0(&P'*+-&#(,()#&0%"&5'*(,%'&;,%5+8&H,(',('&".')*,+&()*(&1"&5%)*(,&"("*,1&".%&2%&
#4*(&*,(%&;("*,1&'&7'#(&.&'"15%*+&-1#,',(8 0(&'#(('&(-'@.,+5&;,()1;1"(,%3&%;.*(F(3&#'&2%&/.%3&01$1,%-(&!"*,1;'*(8&I#(')*+&"(#1".'2*(,(&'&#(('&#(&
T"&"(;,%#(;1*&'-&-15%%&*'-(&',&;1*('&)+&);1"+A&Bp%"(&7,'*(3&0',&0(&#(&-'2%&)+&)(&'5()*(#(&1"&'-*1-& (,' & !" & K7(,':G'@.,'*.,3 & #4"0 & (,'5 & 01$1,%:#.;%%3 & . & #.")*'*+5 & -' & ".%% & 01$1,%:#.;%%3 &).)%6% & '#15 & !"&
'#.-.&1"0(&"1:<&;,%/(2*(D&C(&#(&"1&-1#,(F%&)%"?1,DE&C(&'%#%&0(#1,?(&"(".,.#%,('&.5("%,%%&*(,()*,(: )%)*(51-&".)*,18
5%"&8%4)'&)28%5',%*+.%%&3%&'&2,-'"%M+,%%&'#()*(%&)28%5',%*+.%9 &J.%&'5&!"#(,#'*3&B'5&)%56%*&;(&;%(-('& H,('*.,1-&"(:'&(L;1-F'*&#1,4"0&0%"&G'@.,'*.,1-&K+1&:&)'1&#15&);1"(5&".%3&0%"&)4"1-&K+1&:&!"&
".')*,+E&:&#15&F%#(6%&/.%&:&#+&-1#,1-&0(&1"1-&)%"?1,3&"1&',(&"%#%&1"&);.,3&@'&#$%',&1"(.,%3&"%#%&1"& )7(,'&#1&5%-%',0(&0(&)*(-(&)#-%;%*.',(8&I%#%&'5&!"/+6'*3&;,%"&0%7(,%*(-(&2#.-%&'-(&P'*+-1%&".)*,13&#$%5%'&
,(F1-*'*8&P(@1%(&)+&-1#,+5&!"&,.%1,%&*,(%5%#(3&#'&'-@%"(-(&;+54"*1-1%&!"&)*1;1,%-(&-.,8 2%&7%F%#'&5'*(,%%-.,&(*(,%#(8&[.%"6'&H,('*.,1-1%&".)*,1&'&7.)*&#'&!"&#.;%-+,%'&".')*,+&0(&01$1,%3&)+&7%5&
T"&%?".,'"*&'-&-15%%&/.')*,(&',&;1*('&)+&);1"+A&BC',&@%"(3&);%,%*(3&0(&#(&)+&"1&*(&.0%$"(2*%3&)+& "(2*%1*.,%3&-%;)%6%&0(&;1*(,(&2%&/.%"6+8&C'#+&P'*+-&"(:',&7%&7+#1*&(?'-%&!"&%"*(-%?("6+&2%&/.%"6+&#1&S-3&"1&
5(0%*(F%3&)+&7%%&!"*,:.&)*',(&#."*(5;-'*%/+3&#'&2%&;1)*"%#%%&".2*,%&0%"&5+"+)*%,%D&G')+:%&!"&;'#(Z&; (& '5&7%&'/1*&#(&)*10%'8&C',&S-&"1&'&'/1*&"(/.%(&0(&F(%&(?'-%3&#%&0(&#.;%%&%"%5.2%3&#',(&)+:R&)*10%(F(&
#(%-'-6%3&2%&"1&5'%&-1#,'&"%5%#E8&c+);1"0&2%&'#()*1%&.5&"(2*%1*.,A&J1&)(&;.'*(3&.51-(3&#$%',&0'#+&'2& .;(,(-(3&2%&-'&-15%"'&?+)%,%%&!"6(-(;#%1"%%&K'-(3&)+:G&)(,/(')#+&#1&0,'?.)*(3&!"&/(#%%&/(#%-.,8
/,('3&;("*,1&#+&!"&1"%/(,)&(L%)*+&1"&'"15%*&7-1%03&#',(&!"-.#1%(2*(&!"&-15('&".')*,+&%5@.-01-&)'1& K.)%6%&!"&)7(,'&#,('*+3&'5&7.)*&'*,'2%&0(&1"1-&0%"&5%-%',0(-(&0(&).,%3&7%(#',(&).',(&'/4"0&;1*(,('&)'&
"(#()%*'*('&*,1;1-1%&/.)*,18&[,4"0:"(/,4"0&(-&"(&)#.'*(&0%"&)*',('&0(&%"'#*%/%*'*(&2%&"1&"(&0+&;'#(& '*,'#*%/+8&a,%#(&#.,;&)%0(,'-&',(&?,'01-&)+1&0(&'*,'#6%(3&5'%&#1&)('5+&;("*,1&5'*(,%'&;1,+3&;-(#'*+&0%"&
;4"+&"1&"(&;1"(5&-'&-1#,18&I2'&#+3&0(/("%5&'#*%/%8&G1#,4"0&)1@&%5@.-01-&'#()*1%&7-1%03&)%56%5&.& G'@.,'*.,8&H4"0&).)(2*(&".1-&01$:#.;%-&!"&K.',(3&()*(&!5@,+#'*&#1&1"&'"15%*&7-1%03&?,'6%(&#+,1%'&
51-615%,(3&.&)*',(&5'%&@1"+&0(#4*&#('&;,.01)+&0(&%"'#*%/%*'*(8 ;.'*(&02%&2%&)(&;.'*(&7%3#'9&I#()*&7-1%0&!2%&',(&?,'01-&)+1&0(&("(,?%(3&;.*,%/%*&')*,1-1%&#',(:<&(5%*(8&
P'*+-&#(,()#&()*(&!"*,:.&;(,;(*1+&'#*%/%*'*(3&%',&,(;,(F("*'"*1-&K+1&!"&-15(&()*(&'#()*&7-1%03&#',(& I2'0',3&*.'*(&')*,(-(&'1&1"&7-1%0&'-&/.%"6(%3&0%7(,%*&0(&-'&1"&')*,1&-'&'-*1-8&N,'6%(&'#()*(%&("(,?%%&
"(&;1"(&-'&-1#,13&)+&7%5&'#*%/%&#'&S-3&H,('*.,1-&".)*,18&I#()*&7-1%0&0(&"'*1,+&(-(#*,%#+&/%"(&0(&-'& '*,'#*%/(3&).,%%&)(&'*,'?&1"%%&;(&'-6%%3&;,.;.,6%."'-&#1&;1*(,('&7-1%01-1%&-.,&'*,'#*%/8
K.',(-(&".)*,13&)#'-0+&;+54"*1-&2%&'*5.)7(,'&)'&7-1%0%#+3&;,.01#4"0&:&7%(&!"&.51-&!"*,1;'*3&7%(&!"&#(-& K;%,%*1-&)'1&.51-&7-1%0%#&(L;1-F'*&0%"&K7(,':G'@.,'*.,&"1&)(&5'%&;.'*(&!"*.',#(&'#.-.3&01;+&#(&'&
);'6%'-&:&0.,%"6'&0(&'&7'#(&#(/'8 7.)*&#';*1,'*&0(&1"&).',(3&;("*,1&#+&"1:%&5'%&0+&/.%(&)+&%')+&0%"&#';*%/%*'*('&)'8&C'#+&'#()*&).',(&',(&
I#()*&%5@.-0&/("%*&0(&0(;',*(&"1&"(&0+&;'#(&2%&0(*(,5%"+&*.'*(&7%%"6(-(&9+54"*1-1%&)+&7%(&'#*%/(8& 1"&)'*(-%*3&.&;-'"(*+3&7.,6'&'*,'#*%/+&'&;-'"(*(%&)'1&7-1%01-&)+1&#';*%/'"*&/'&'/('&.&;1*(,(&)(#1"0',+&
H15&'#*%/%*'*('&5('&)'1&'&'-*1%&01$&()*(&/%F%@%-+&*1*1,.,&01$1,%-.,&2%&#15&'#(')*+&'#*%/%*'*(&*,(@1%(& 7'6+&0(&).',(-(&)+18&!"&7%"(3&0'#+&'#(-&).',(&',(&0.1+&)'1&5'%&51-*(&;-'"(*(3&'&0.1'&;-'"(*+&/'&'/('&
)+&7%(&.,0."'*+3&5+&').#%(F&#1&!"#+&0.1+&);%,%*(3&;("*,1&'&7'#(&.&-1#,',(&.5.?("+3&',5."%#+3&);,(& 7-1%01-&'*,'#*%/&0(&?,'01-&*,(%3&2%&'2'&5'%&0(;',*(&;4"+&-'&#('&0%"&1,5+&;-'"(*+8
7.-.)1-&".)*,1&2%&'-&.;(,(%&#(,(2*%8&C',&'#*%/%*'*('&".')*,+&*,(@1%(&)+&'%@+&5(,(1&#'&!"0,(;*',&)'1& o%(#',(:;-'"(*+&!2%&',(&/.%"6'&)'&'*,'#*%/+8&9(&5+)1,+&#(&;-'"(*'&()*(&5'%&0(;+,*'*+&0(&).',(3&;1*(,('&
@1).-+&G(?('&)'1&#.01-&5.,'-8&I2'0',3&%',+2%&.&)74"*+&*,(%5(&!"&'#6%1"('&".')*,+A&%"*(8%-(".'&".')*,+3& 7-1%01-1%&)+1&'*,'#*%/&()*(&5'%&5',(8&H('&5'%&;1*(,"%#+&/.%"6+&'*,'#*%/+&.&'1&;-'"(*(-(&"(/+F1*(&!"#+&
8(-('&)'1&#2518&72,'8/&;-1)&'-&*,(%-('&7'#*.,&:&')2#%(,('&41*(,%82,&"2')*,(&)4%,%*1'8(9 0(&*(-()#.';(-(&')*,.".5%-.,&/.2*,%8&a0'*+&(-(&'/('1&'#(('2%&/.%"6+&'*,'#*%/+&#'&2%&).',(-(&0%"&#',(&):
9("*,1&.&5'%&@1"+&!"6(-(?(,(&'&'#6%1"%%&'#()*1%&7'#*.,&'#*%/'"*&).-',3&'5&)+:<&#.5;',&#1&7-1%01-& '1&,1;*8&R"&0(#1,)1-&*%5;1-1%&):'&0()7+#1*&0%"&).',(&.&#'"*%*'*(&5%#+&0(&7-1%0:/.%"6+3&'*,')+&0(&;-'"(*(8&
(-(#*,%#&).-',3&5'%&?,.).-'"&0(#4*&#(-&(L;1)&5'%&)1)3&2%&#',(&/%"(&F%1'&)+&/+&-15%"(F(&3%&!"#+-F(')#+8& C%"&'#(-&5.5("*&(-(&):'1&!"0(;+,*'*&;16%"&0(&).',(-(&-.,3&5("6%"4"01:)(&*.*12%&;(&0,151-&-.,&(-%;*%#3&
R" & *%5;1- & F%-(%3 & #4"0 & '#()* & 7-1%0 & (-(#*,%# & /+ & /%"( & 0( & -' & ).',(3 & /.% & -1#,'6%8 & H4"0 & ;+54"*1-3 & ;,%"& !"&=1,1-&).',(-1%3&;4"+&-'&.&".1+&'#151-',(&0(&7-1%03&#4"0&%',&)(&/.,&!"0(;+,*'8&9,%"&1,5',(3&!"&
5%2#',('&)'&0(&,.*'6%(3&'&!"*.,)&);'*(-(3&#15&):',&F%#(3&).',(-1%3&)(&7'#(&".';*(3&"1&5'%&;,%5%6%&'#()*& *,(#1*1-&!"0(;+,*'*3&-'&0%)*'"6(&0(&5%-%',0(&0(&'"%3&).',(-(&):'&7,'?5("*'*&!"&;-'"(*(3&#',(&0(&#15&)(&
7-1%0&2%&)%56%6%&"(/.%'&!"#(*+,%%&-1#,1-1%3&;("*,1&'&/+&#1-#'&2%&0.,5%8&I2'0',3&'*4*'&*%5;&#4*&7-1%01-& "+2*('1&2%&7-1%01-&-.,&'*,'#*%/&)(&7.,*%7%#'3&)(&0(;+,*'1&0(&;+,%"*(-(&-.,8
(-(#*,%#&).-',&'&-1#,'*&')1;,'&/.')*,+3&'6%&7.)*&*,(=%&2%&'#*%/%3&0',&0(&!"0'*+&#(&'&!"#(*'*&)+&/+&)#'-0(3&/:'& K'/'"6%%&".2*,%&"(&);1"&#+&-'&.&/,(5(3&).',(-(&".)*,1&)(&/'&*,'")7.,5'&!"*,:.&;-'"(*+&2%&01;+&'-*(&
#1;,%")&).5"1-&2%&.,%#(&'#*%/%*'*(&*,1;(')#+&'&!"#(*'*8&?+851,'&3%&817%"'&)2)%*+&5(&8'&)2',(&4,20%"&5( & 5%-%',0(&0(&'"%&/'&51,%&2%&('3&#'&.,%#(&'-*&#.,;&#(,()#8
8'&1"&;81%5&8%4)%*&5(&#+851,+/&5',&#',(/&#27A%"E"516)(&#1&(;810%%8(&4+7E"*181%/&5+&"'3*(,(&8'&817%"+& R'*+3&7,'*(3&#1&#(&7(-&0(&;,.@-(5(&"(&.#1;+5&".%&!"&H(,8&C'#+&0%/%"1-&".)*,1&H,('*.,&"1&"(:',&7%&
3%&#+851,+9 .7(,%*&7(,%#%,('&0(&'&"(&;,(.#1;'&0(&#,('6%'&K'3&#%"(&3):',&5'%&.#1;'3&0(&('D&a51-&*,1;()#3&#.;-(2%*&
R"&'7','&'#()*1%&7-1%0&#(&;,.01#(&-15%"'&F%-(%3 &;81%518&'#*%0'"* &:&;.5("%*&5'%&)1)&:&)*,+@'*(& 0(&;,(.#1;+,%-(&)'-(&5'*(,%'-(D&J13&#%&".%&#',(&'/(5&5%=-.'#(&"("15+,'*(&;("*,1&'&.&)*10%'8
01$1,%-(&2%&;+54"*1-8&S-&!"-.#1%(2*(3&%"&-15('&".')*,+3&"(/.%-(&*,1;(2*%&:&'-&*,(%-('&7'#*.,&'-&'#*%/%*+6%%& H,('*.,1-&0.,(2*(&#'3&!"&;',*(3&'#()*(&)*10%%&)1@*%-(&2%&'-*(-(&0(&.&5',(&'@)*,'#6%(&)+&7%(&!5;+,*+2%*(&
-15%%&/.')*,(8 1".,'&0%"&-15('&/.')*,+&*,1;(')#+8&H1&'-*(&#1/%"*(3&)+&-(&15'"%F+58&S/%0("*3&;,%"&7.,6'&-1#,1,%-.,3&
I2'0',3&;("*,1&'&"(&01#(&(L%)*("6'&!"&5.0&7(,%#%*3&".%3&01$1,%-(3&*,(@1%(&)+&"(&)1;1"(5A (-(&"1&;.*&7%&0'*(&.,%#1%3&0(.',(#(&;,(5(,?&#1&#(-&;16%"&1"&)(#.-:0.1+3&5'=.,%*+6%%&)'/'"6%-.,&0(&'F%&
<8="*(8%-(".(%&"2')*,(&#,('*2',( &:&;,%"&#',(&"(&/.5&#.")*,1%&0()*%"1-&)'1&;,.?,'51-&'#*%/%*+6%%& '%&;+54"*1-1%8&H(('&#(&'F%&;',(&7%#6%1"(&2%&'@)1,0%*'*(3&;()*(&0.1+:*,(%&)(#.-(&/'&7%&7.',*(&%"*(-%?%@%-3&
".')*,(&/%%*.',(&;+54"*(2*%Q 0(5.")*,'*&2%&/(,%7%#'*8&C',&".%&"1&'/(5&!"&/(0(,(&)*',('&'#*1'-+&'&2*%%"6(%3&#%&7'#(5&#1".)#1*(&
V8?25181%&72,'8&5%0%"&:&%5;1)&0(&)(5("%%&".2*,%&)1;(,%.,%Q '#()*(&;,.@-(5(&!"&/(0(,('&/%%*.,1-1%8&IF%&(-(& /.,&;+,('& ;1,+&7'"*(F%(3& ;("*,1&#(%&#(&"1&-(&;.*&
X8`81%5181%&!7A285%*2, &)'1 &'#*%0'"* &:&7'#*.,1-& ).-',&0(*(,5%"'"*&;("*,1&'& 7%&/(2"%#(-(&'-@%"(& #1;,%"0(&;,.71"F%5('3 &0(.',(#( &);%,%*1- &-.,& !"#+ &"1 &()*(&;,(?+*%* &)+ &-(&')%5%-(F(3& -%;)%"01:-( & '-&
-1#,+*.',(&!"&5',(-(&)*1;&'-&)7(,(%&P'*+-1%&#(,()#8 2')(-('&)%563&)%561-&);%,%*1'-8
9,%"&#.51"%#+,%-(&".')*,(&0.,%5&)+&0(F/.-*+5&)%561-&);%,%*1'-&-'&#(%&#',(&!-&'1&!"&)*',(&(5@,%."',+8&
[,4"0:"(/,4"03&(/.-16%'&/'&7'#(&#'&5%2#',('&);%,%*1'-+&)+&#,(')#+3&);,(&7(,%#%,('&2%&".,.#1-&".)*,13&'&
#(-.,&#(&/.5&/("%&-'Z!"*,1;',(3&0(/("%"03&-'&,4"01-&".)*,13&;,.;./+01%*.,%&!"7.#'6%&'%&-15%%&7-1%0%#(8
H.;%-+,%'&01$1-1%

a&5',(&;-+#(,(&"(&;,.#1,+&)*10%1-&7%F%#%%&2%&#$%5%(%&(*(,1,%-.,&0%"&)7(,'&;-%"+&0(&)*(-(&2%&;-'"(*(8&
S-(&7%%"0&!"&=1,1-&".)*,13&-(&;1*(5&/(0('&2%&)*10%'8&!")+&!"&5.0&0%,(#*&"1&;1*(5&#1".'2*(&"%5%#& a;(,'&5'*(,%'-%F+,%-.,
0();,(&"'*1,'&7-1%01-1%&#(&15;-(&K7(,':G'@.,'*.,8&916%"(-(&#1".2*%"6(&0();,(&5'*(,%'&0(&'#.-.3&0%"&
#',(&)(&;,(;',+&*.*1-&!"&-15('&#,('*+3&-(&;.)(0+5&0(&-'&5'%&5',%%&".2*,%3&)'/'"6%%&H(,1,%-.,&".')*,(8 [+F4"0&5',('&0(.)(@%,(&0(&)%56%,(&2%&#1".2*%"6(&0%"*,(&/.%&2%&".%3&5+&#1;,%"0(&.&54$"%,(3&0',&
R"&K7(,'&0%/"+&"(:'5&"+)#1*&2%&'5&7+#1*&;,%5%%&;'2%3&0',&"1&'5&-1'*&#1".2*%"6+&0();,(&#(&(,'& !5%&,(/%"3&#+#%&!"6(-(?&-(?('&;,.?,()1-1%&.,4"01%*+&0(&C%/%"%*'*(&!"&-15(8&P.*1-&!"#(;(&#1&"(2*%%"6+&>%&
'#.-.3&;("*,1&#+&-'&/,(5('&,();(#*%/+3&%"*(-%?("6'&".')*,+&(,'&;,('&;16%"&0(F/.-*'*+&2%&0.,%"6'&0(&' )(&*(,5%"+&#1&'*.*2*%%"6+8
U\_ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&:&F&521'&#',*( ?271"%#+,%&5%"&?(, G-G
U%-%',0(&0(&'"%&'1&*,(@1%*&)+&*,('#+&;4"+&#(&.#$%%&/.2*,%&)+&'=1"?+&-'&)*',('&'#*1'-+&2%3&#1&'=1*.,1-& ;',*%#1-(&0(&/%'6+&)1;1)(&[.%"6(%&)1;,(5(&'&H,('*.,1-1%Q&;,%"&1,5',(3&S-&!2%&%5;1"(&[.%"6'&7-1%01-1%&
5%#,.)#.;1-1%3&)+&;1*(6%&/(0('&5%#,.@%%8&SL%)*("6'&'#()*.,&5%#,..,?'"%)5(&'&7.)*&#1".)#1*+&0(&5',%%& 1"%/(,)%#8&9,%"&%"*(,5(0%1-&7-1%01-1%&1"%/(,)%#&P'*+-&#,('*.,&!2%&%5;1"(&[.%"6'&')1;,'&?-.@1-1%&*(,()*,1&
;,(.6%&%"%6%'6%&(?%;*("%3&')%,%("%&2%&#$%"(F%3&!")+&(,'&;+)*,'*+&!"&)(#,(*3&;.;.,1-&"(2*%%"0&"%5%#8&R"%6%'6%%& #."01#4"01:<&;(&1"&'"15%*&0,15&)'1&*,'%(#*.,%(8&o-1%01-&1"%/(,)%#3&'#()*&#1,("*&0(&5'*(,%(&(*(,%#+&
"1&'1&/+F1*&'#()*(&5%#%&.,?'"%)5(&:&;,(#15&"%#%&/.%&"1&"(&/(0(6%&:&0',&)1@&#."01#(,('&".')*,+& ',(&.&5%2#',(3&.&#1,?(,(&!"*,:1"&)(")&#%,#1-',8
)(#,(*+3&'1&'7-'*&#+&51-*(&0%"&@.-%-(&.51-1%&)1"*&0'*.,'*(&'#()*.,&7%%"6(&7.',*(&5%#%3&%"/%F%@%-(&.51-1%& K+&-1+5&#'&;1"#*&0(&.@)(,/'6%(&)%)*(51-&".)*,1&;-'"(*',3&2%&'"15(&).',(-(8&o-1%01-&1"%/(,)%#&
*,1;()#8&C(&')(5("('3&'1&'7-'*&#+&'#()*(&7%%"6(&)1"*&)1@&#."01#(,('&5',%-.,&".2*,%&)7%"6%&)'/'"6%3&#',(& #1,?(&!"&=1,1-&).',(-1%8
-'&'"15%*(&5.5("*(&-(&!"0,(';*+&);,(&*,1;1,%-(&1".,&.'5("%3&;("*,1&'&;,.01#(&'"15%*(&(7(#*(8 :H153&-15%"+*.,1-(3&"1&)(&!"/4,*(2*(&;+54"*1-&!"&=1,1-&).',(-1%D
p.-%-(&)1"*&#1".)#1*(&0(&".%&!"&!")+2%&#'1F(-(&-.,8&U(0%#%"'&".')*,+&()*(&#1&51-*&5'%&/')*+&0(#4*& :J13&#.;%%3&;+54"*1-&"1&)(&!"/4,*(2*(&)%"?1,&!"&=1,1-&).',(-1%3&#%&7-1%01-&1"%/(,)%#&#',(&)#'-0+&0(&
'&/.')*,+8 =1, &!5;,(=1,&).',(-(&)( &!"/4,*(2*(3&#1,?(& !"&=1,1- &).',(-1%& 2%&!"&5%2#',('&)'&*4,+2*(& 2%&?-.@1-&
J.%&)*10%(5&!"8&/(2"%#%(3&0',&'"15%*(&#1".2*%"6(&)(&;,(0'1&-'&'"15%*(&5.5("*(3&01;+&?,'01-& *(,()*,18&I#()*&7-1%0&#1,?(&#."*%"113&)(&5%2#+&!"&=1,1-&).',(-1%&0(&5%-%',0(&0(&'"%3&0(&-'&#,(',('&
(/.-1*%/&'-&7%(#+,1%'A&#(-.,&5%#%&:&1"&7(-&0(&#1".2*%"6(3&#(-.,&5'%&@+*,4"%&:&'-*&?,'0&0(&#1".2*%"6(8& -1%8
H1/%"*(-(&(/'"?$(-%#(&)1"*&';-%#'*(&2%&-'&".%A&BT2%-(3&12%-(3&)+&"1&%"*,(&#(%&"(#$(5'6%E3&'0%#+&#(%& G'&!"#(;1*&(,'&"15'%&).',(-(&2%&7-1%01-&0%"&=1,1-&)+18&R"%6%'-&7-1%01-&).-',&(,'&5'%&0(")3&0',&0%"&
"('=1"2%&-'&"%/(-1-&#(,1*&;("*,1&'7-',('&1".,&#1".2*%"6(8 #'1F'&5%2#+,%%&)'-(&0(&,.*'6%(3&):'&,',(7%'*&0%"&#(&!"&#(&5'%&51-*8&H4"0&,',(7%(,('&'&'*%")&1"&'"15%*&
R"&-15('&".')*,+&%"%6%(,('&)(&7'#(&;,%"&#.51"%#+,%&5("*'-(3&;,%"&?,'%&5("*'-8&G'&".%&)(&%"%6%'F+3& ?,'03&):'&,1;*&0%"&).',(&.&@1#'*+3&0%"&#',(&):'&7.,5'*&';.%&;-'"(*'&".')*,+8&I2'&'1&-1'*&"'2*(,(3&,4"0&
"1&)(&!"/'6+3&;("*,1&#+&!"/+6+54"*1-&"1&()*(&.@-%?'*.,%13&#%&()*(&7(,%#%,('&01;+&#',(&'-(',?+&!")(*'*& ;( &,4"03 & 2% & #(-(-'-*( & ;-'"(*( &0();,%")( & 0%" & ).',(3 & 0'*.,%*+ &5%2#+,%% & )'-( & 0( & ,.*'6%(3 & ;,./.#'*+ & 0(&
01$1-&'=1")&)+&)%5*+&7,151)(6('&1"1%&)1@%(#*8 5%2#',('&#%,#1-',+&'&7-1%01-1%&1"%/(,)%#&!"#."=1,+*.,8
[.%&#.")%0(,'6%&#'&7%%"0&5'*(,%(&"15'%&#(('&#(&#'0(&)1@&;(,#(;6%'&)%561,%-.,&/.')*,(8&C',&-'& :94"+&1"0(&)(&!"*%"0(&'*5.)7(,'&7-1%0%#'&).-',+D
'#()*(&5'*(,%%&*,(@1%(&'0+1?'*(&2%&5'*(,%%-(&;(,#(;1*(&0(&)%561,%-(&".')*,(3&'-(&.'5("%-.,&7-1%0%#%8& :94"+&0%"#.-.&0(&1-*%5'&)'&;-'"(*+3&"(#1".)#1*+&0(&;+54"*("%3&;("*,1&#+&":'1&/+F1*:.&!"#+&#1&
I2'0',3&!"&'7',+&0(&5'*(,%'&'7-'*+&!"&)*',(&).-%0+3&-%#$%0+&2%&?'F.')+3&5'%&(L%)*+&2%&5'*(,%'&(*(,%#+&)'1& *(-()#.';(-(&-.,8
7-1%0%#'3&'0%#+&'&;'*,'&)*',(&'&'#(-(%'2%&5'*(,%%8 I#15&,(/%"&2%&5+&'0,()(F&6%(3&7,'*(8&C1;+&#15&/.%&;1*(6%&*,(#(&1"&'"15%*&#.,;&0%"&)*',('&).-%0+&
I#(')*+&5'*(,%(&7-1%0%#'&15;-(&*.*&%"*(,%.,1-&1"%/(,)1-1%8&S'&'&;,./("%*&0%"*,:.&5'*(,%(&2%&5'%& !"&)*',(&-%#$%0+&2%&';.%&?'F.')+3&*.*&')*7(-&".%3&#(%&2*%1*.,%3&;1*(5&)1;1"(&/.%"6(%&".')*,(&7-1%01-&).-',3&
7%"+3&"15%*+&7'*(,%'&4,%7+/&7'*(,%'&4,%72,5%'8+&)'1&7'*(,%'&"17+,18&1"1/&"(!"*4-"%*+&!"&1"%/(,)3&#%& *,(#4"01:<&0%"&#."#("*,',(&!"&#."#("*,',(3&;4"+&-'&)*',('&?'F.')+3&-%#$%0+&)'1&).-%0+3&;,%"&*.'*(&
"15'%&!"& K7(,':G'@.,'*.,& )'1&K7(,'&0%/%"+8&!"*4%&'&7.)* &7'*(,%'&4,%7+/ &0%"&('&):' &7+#1* &7'*(,%'& )*+,%-(&5'*(,%(%&/.')*,(&*(,()*,(8
;81%5%#'/&0%"&'#(')*'&:&7'*(,%'&-'M2')+/&0%"&('&'&0(,%/'*&7'*(,%'&8%#$%5+/&#',(&;,%"*,:.&#."0(")',(&8&2%& R',+2%&)1"*&!"*,(,1;*A&B!"/+6+*.,1-(3&#15&0(&)(&7'#(&F%1+&2%&".';*(&;(&;+54"*3&0'#+&(-&()*(&*4,4*&0(&
5'% & '##("*1'*+& '&0(/("%* &7'*(,%(& )28%5+9 &U'*(,%'&;,%5+&'&*,(#1*&0%"& ?,'0&!"&?,'03& ;,%"*,:. &)(,%(& 7-1%01-&0%"&=1,1-&)%)*(51-1%&).-',DE
"()74,2%*+&0(&)*+,%&%"*(,5(0%',(3&;4"+&'&'=1")&5'*(,%'&?,.).-'"+&'&).-%01-1%8 K(&7'#(&F%1+&2%&".';*(&;("*,1&#+&!"&5%2#',('&)'&0(&,.*'6%(&!"&=1,1-&).',(-1%3&;+54"*1-&5'%&7'#(&2%&.&
9("*,1&/.%3&2%&'"15(&;("*,1&#(%&#1-6%3&"1&(L%)*+&0(#4*&)*',('&).-%0+3&-%#$%0+&2%&?'F.')+8&9("*,1&#(%& ' & 0.1' & 5%2#',(3 & 0( & ,.*'6%( & !" & =1,1- & 'L(% & )'-(3 & ;,./.#'*+ & 0( & 7-1%01- & 1"%/(,)%#3 & #',( & ;,%" & ;',*('&
%"#1-6%&(L%)*+&0.',&0.1+&)*+,%A&).-%0+&2%&-%#$%0+8&C(&1"0(&)+&2*%(&.51-&)%5;-1&:&)+-@'*%#1-&0%"&I7,%#'& (L*(,%.',+ &^' &5%2#+,%%&#%,#1-',(&*,'?(&5'%&,(;(0(3&%',&;,%"&;',*('&%"*(,%.',+&5(,?(&5'%&!"#(*8&C%"&
)'1&%']1*1-&0%"&I)%'&:&#+&5'%&(L%)*+&!"#+&.&'&*,(%'&)*',(&'&5'*(,%(%3&)*',('&?'F.')+8&H$%',&/.%3&;(&#4"0& %"(?'-%*'*('&'#()*.,&0.1+&7.,6(&*'"?("*(&:&%"*(,"+&2%&(L*(,"+&:&):'&"+)#1*&5%2#',('&0(&,.*'6%(&;,.;,%(&
(,'6%&#.;%%&"1&2*%'6%&0(&(L%)*("6'&?'F1-1%8 ;+54"*1-1%3&#',(&'&0(*(,5%"'*&F%1'&2%&".';*('3&)1##()%/3&;(&)1;,'7'6'&-1%8&G'&'#(')*+&#'1F+&):'&5'%&
C%"&#(-(&);1)(&5'%&)1)3&,(%()(&#+&/.%&"1&'/(6%&#1".2*%"6+&0(&)*',('&'&;'*,'&'&5'*(,%(%3&0(&)*',('& '0+1?'*&!"#+&1"&7'#*.,8&G'&!"#(;1*1-&#,(+,%%&)'-(3&;+54"*1-&#+0('&5(,(1&);,(&;(,%7(,%'&'*5.)7(,(%&
7-1%0%#'3&;,(#15&".%3&#(%&0%"&);'6%%-(&'#()*1%&1"%/(,)3&"1&#1".'2*(5&)*',('&5'*(,%(%&;,%5(3&('&"((L%)*4"0& 7-1%0%#(&).-',(8&C%"&#.5@%"',('&5%2#+,%%&0(&!"0(;+,*',(&'&;+54"*1-1%&0(&).',(&2%&'&5%2#+,%%&#%,#1-',(&
0(#4*&!"&G'@.,'*.,1-&0%/%"8&[.%3&"1&/(0(6%&7-1%01-&0%"&=1,1-&;+54"*1-1%&2%&"1&"(&/(0(6%&"%#%&;(&".%8& '&7-1%01-1%&).-',&):'&"+)#1*&5%2#',('&0(&,.*'6%(&'&?-.@1-1%&;+54"*()#&!"&=1,1-&'L(%&)'-(8
9("*,1&/.%&7-1%01-&()*(&%"(L%)*("*3&0',&".%&!-&/(0(53&!-&)%56%5&2%&#.")*'*+5&#+&(&0()*1-&0(&#.")%)*("*8& o-1%01-&).-',&'&7.)*&2%&()*(&5'%&0(")&!"&';,.;%(,('&).',(-1%3&2%&0%"&#(&!"&#(&5'%&,',&#+*,(&;(,%7(,%'&
S1&5+&)%5*&;(&5%"(&2%&#.")*'*&#+&)1"*&5'%&*',(&0(#4*&7-1%01-&0%"&=1,1-&;+54"*1-1%Q&#.,;1-&5(1&()*(& )'Q&'0%#+&;',*%#1-(-(&#.5;."("*(&'-(&7-1%01-1%&).-',&)1"*&5'%&';,.;%'*(&!"&/(#%"+*'*('&).',(-1%3&2%&5'%&
5'%&0(")&0(#4*&';'&7-1%0%#'&!"&#',(&/%(61%()#&2%&5+&5%2#&')(5("('&;(2*%-.,&0%"&';(-(&/.')*,(8 0(;+,*'*(&!"*,(&(-(&#+*,(&;(,%7(,%'&)7(,(%&7-1%0%#(&).-',(8&I#(')*+&'*5.)7(,+&(*(,%#+&).-',+&)(&*(,5%"+&
G'&".%&)*10%%-(&)(&7'#&"15'%&5("*'-3&2%&)(&,(;(*+3&0(&5%-%',0(&0(&'"%3&#(-.,&#(&0.,()#&2%&-(&5(,%*+8& 0%"#.-.&0(&1-*%5'&)'&;-'"(*+&:&#('&0%"*4%&,1;*+&0%"&).',(&:&;(&.&0%)*'"6+&0(&5%-%.'"(&0(&]%-.5(*,%8
C%"&'#()*(&#1".2*%"6(&#1-()(&0(&5%"(3&!6%&0'1&2%&6%(3&7,'*(&%1@%*3&#1".2*%"6(3&#(&/.,&;+,('&7.',*(&#%10'*(& IF%3&;1*(,('&0(&'*,'#6%(&'&).',(-1%&"1:%&;(,5%*(&;+54"*1-1%&)+&)(&!"0(;+,*(F(&0(#4*&7.',*(&;16%"3&
7,'6%-.,&*+%&*,1;(2*%8&S1&!6%&0'1&#(('&#(&!5%&;(,5%*(&?,'01-&5(13&0()*1-&0(&!"'-*&!"&-15('&(*(,%#+&'& #1&#46%/'&#("*%5(*,%&!"&7%(#',(&'"8&H1&*,(#(,('&*%5;1-1%3&5'*(,%%-(&#.")*%*1*%/(&'-(&;+54"*1-1%&):'1&
9+54"*1-1%3&0',&"1&'7%,5&#+&'#()*(&!"/+6+*1,%&)1"*&0(7%"%*%/(&2%&,(;,(F%"*+&1-*%51-&#1/4"*3&#%&);1"A& *,'")7.,5'*3&;4"+&'1&'=1")&-'&)*',('&'#*1'-+3&'*,%@1%*+&0(e&/.%&,+#%,%%8&9(&5+)1,'&!"0(;+,*+,%%&0(&).',(3&
F3'&3*%1&(1/&8'&-,'518&7(1&5(&51$&'8A9 #.5;.F%6%'&2%&)*',('&5'*(,%(%&*(,()*,(&)(&/'&)#$%5@'8&!"&0(#1,)&0(&5%-%',0(&0(&'"%3&;+54"*1-&):'&
C(&'-*7(-3&0();,(&(L%)*("6'&5'*(,%(%&(*(,%#(&!6%&;.*&/.,@%&*.'*(&01$1,%-(3&.,%#4*&0(&%"7(,%.',(&',&7%3& !"0(;+,*'*&0(&-.#1-&)+1&0(&.,%?%"(3&%"*,4"0&!"*,:1"&7-1%0&).-',&0%"&#(&!"&#(&5'%&,',3&#',(&'&0(*(,5%"'*&
;("*,1&#+&*.'*(&.&)%5*8&I2'0',3&);'6%%-(&%"*(,;-'"(*',(&2%&%"*(,)*(-',(&"1&)1"*&?.'-(3&#15&#,(0&1"%%& *.'*(&;,(7'#(,%-(&0(&;(&)1;,'7'6'&)'8
0%"*,(&)'/'"6%%&/.2*,%3&#%&)1"*&;-%"(&0(&.&5'*(,%(&!"&)*',(&(*(,%#+8 a51-&*,1;()#&'&!"#(;1*&)*10%1-&;+54"*1-1%&0(&#1,4"03&2%&"1&'&'/1*&!"#+&*%5;1-&)+&#.")*'*(&#+&(-&
C,'?+&7,'*(3&5%-%.'"(&0(&7,'6%&01$1,%&5'%&5%#%3&)(&'7-+&!"&)7(,(-(&%"7(,%.',(8&C.,%*.,%&0(&'&'7-'&2%&(%& )(&!"0(;+,*('F+&0(&).',(8&J.%3&#',(&'/(5&5%-%',0(&0(&'"%&!"&1,5'&".')*,+3&'/4"0&.#'F%'&2%&;1*%"6'&)+&
',$%*(#*1,'&1"%/(,)1-1%3&5+&!"*,('@+A&BP'*+3&-15%"+*.,1-&".)*,13&'1F%5&;(&7,'6%%&".2*,%&0(&=.)3&!"*,1;'6%& .@)(,/+5 & ?-.@1- & !" & =1,1- & #+,1%' & "( & 7'#(5 & 2#.'-'3 & #1".'2*(5 & '#()* & 7(".5("3 & !"#+ & "(#1".)#1*&
;(&;+54"*3&F%#4"0&#+&;+54"*1-&)*+&!"&/%08&J.%&2*%5&#+&0(&=1,&!5;,(=1,1-&;-'"(*(%&(L%)*+&1"&7-1%03&0',& ')*,.".5%-.,&/.2*,%8
"1&"(&()*(&-+51,%*&#15&0(&;+54"*1-3&1"&#.,;&5'%&0(")&0(#4*&(*(,1-3&;-1*(2*(&;,%"&);'6%13&!"&'#()*& C1;+&#15&!"&-15('&/.')*,+&*,1;(')#+&1"&#.;%-&0%"&#-')(-(&;,%5',(&;1"(&#4*(&.&!"*,(@',(&0(&*(&
.#('" & 0( & 5'*(,%( & 7-1%0%#'D & K+ & 7%( & '*,'#6%' & )*(-(-.,3 & #',( & !- & '*,'? & 0%" & *.'*( & ;+,6%-( & ;,%" & ;1*(,('& 5%,%&#15&%&):'&"+)#1*&!"&5%"*(3&*.*&')*7(-&1"&01$&*4"+,&5:'&!"*,(@'*A&BC.5"1-(3&;(&#4"0&'5&7.)*&2%&(1&
?,'/%*'6%(%&-.,3&01;+&#15&'7%,5+&)'/'"6%%&;+54"*1-1%DE .5&*,1;()#3&'5&!"/+6'*&#+&0.',&1"&#.,;&12.,&)(&!"'-6+8&H15&)(&7'#(&#+&;+54"*1-&:&#',(&(&1"&#.,;&?,(1&
J13&7%%%&5(%3&*(.,%'&?,'/%*'6%(%&1"%/(,)'-(3&(5%)+&0(&7,'*(-(&".)*,1&J(y*."3&(&@1"+&"15'%&;("*,1& :&)(&!"'-6+3&)(&!"0(;+,*('F+&!"&'*5.)7(,'3&).-',+DE
#(%&!"*,1;'6%8&H'&*(,%'"3&#'&01$&!"*,1;'*3&J(y*."&'&1%*'*&#(('&#(&#1".2*('&;(,7(#*&#'&01$&);'6%'-8&S-& K1"*(5&.@-%?'6%&)+&,+);1"0(5&01$1-1%&!"&'&#+,1%&5%"*(&):'&;1*1*&"'2*(&.&')(5("('&!"*,(@',(&
2*%'&#+&?-.@1-&;+54"*()#&;-1*(2*(&!"&5%=-.#1-&.#('"1-1%&7-1%0%#&2%&)(&5%2#+&!"&)4"1-&'#()*1%&.#('"&#'& >*%%"6%7%#+8 & C'3 & 7%1-(3& ;+54"*1-& )( & !"0(;+,*('F+& 0(& ).',( & )'1 & )( & !"'-6+ & !" &'*5.)7(,'& -1%& 7-1%0%#'3&
2%&;(2*(-(&;,%"&';+8&o%%"0&7.,5'*&0%"&;',*%#1-(&/%%3&#."0(")'*(&;4"+&-'&)*',('&).-%0+3&'#()*&?-.@&(&/%13& 0(.',(#(&()*(&'*,')&0(&K7(,'&0%/%"+8&H1&/,(5('3&*.'*(&')*,(-(&'1&*("0%"6'&0(&'&;.,"%&)'1&#+0('&#+*,(&
',(&.&/%'6+&'&)'3&"(!"6(-(')+&0(&/.%3&',(&1"&)%56&2%&.&/.%"6+&;,.;,%(8 K7(,'&0%/%"+3&'7-'*+&!"&#("*,1-&)7(,(%&#.)5.)1-1%8&I2'0',3&#1&*%5;1-3&2%&).',(-(&".)*,1&!5;,(1"+&#1&
a3&C.'5"(3&#15&)+&/+&7'#&)+&;1*(6%&#."#(;(&'#(')*+&/%'6+D&9,(*1*%"0("%&(&/%'6+8&P.*1-&(&7+#1*&0%"& *.6%&;1%%&)+%&/'&'/('&*("0%"6'&0(&'&#+0('&#+*,(&G'@.,'*.,1-&0%/%"8 &>(&'#282/&5%"&@;(,'&5%0%"+&)( &
/%'6+8&P.*1-&(&)%56%*.,&2%&#1&/.%"6+&)1;1)+&0%"&?,'0&!"&?,'0&/.%"6(%&)1;(,%.',(8&C'#+&":',&7%&')*7(-3& (L(,#%*+&'*,'#.%'&5()4,(&#',(&'&02,A%*&;2)*18&4+7E"*('"&S(o*2"/&7',(&);E"*&8'&"2%&!"&?(,9
;+54"*1-&',&"'/%?'&-'&/.%'&!"*45;-+,%%&2%&".%&'5&#+-+*.,%&#1&(-&0(&-'&1"&#';+*&-'&'-*1-&'-&'#()*1%&%5(")& T"&/';.,&0(&F(#%&0(&5%%&0(&*."(&;-1*(2*(&;(&';'&.#('"1-1%8&C(&#(D&9("*,1&#+&:&'%&)+&F%#%&:&(&
.#('"&7-1%0%#3&!"&#',(&;-1*()#&)1*(-(&0(&5%-%',0(&0(&#.,;1,%&#(,(2*%8&o-1%01-&1"%/(,)%#&()*(&7.,5'*&0%" #.")*,1%*&#'&)+&;-1*(')#+8&S%&@%"(3&2%&;+54"*1-&()*(&')*7(-&#.")*,1%*&#'&(-&)+&;-1*(')#+&;(&-%"%'&$.*+,4*+&
0(&H(-&I*.*;1*(,"%#3&0(.',(#(&(-&;.)(0+3&#."0(")'*&!"&%"*(,%.,1-&)+13&7-1%0&).-',8
U\V >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521' ?271"%#+,%&5%"&
U\W
?(,

C1;+ & '#(')*+ & -1"?+ & %"*,.01#(,(3 & ,+);1"0 & 2% & -' & !"*,(@',(' & *'A & BH( & ()*( & . & 5'*(,%'-%F',(DE& %5;.)%@%-&0(&,('-%F'*&7+,+&%"*(,/("6%'&.'5("%-.,&!"*,1;'6%3&#',(3&;,%"&)%561,%-(&-.,&*,1;(2*%&:&)%561,%&
U'*(,%'-%F',('&()*(&1"&)*10%1&7+#1*&0(&)'/'"6%%&H(,1,%-.,&".')*,(3&#1&7-1%01-&).-',3&'7-'*&!"&=1,1-& 0(F@,+#'*(&0(&#.,;1-&".)*,1&7-1%0%#&:&'1&;.)%@%-%*'*('&0(&'&7%&%5;,()%."'6%&0(&5'*(,%%&*(,()*,(8&I2'0',&
".)*,13&!"&#$%',&'*5.)7(,'&/.')*,+3&;+*,1"F4"0&?-.@1-&;+54"*()#&;4"+&!"&#("*,1-&)+18 );'6%'-1-&)'1&01$1-3&!"&0.,%"6'&0(&'&)(&#1-*%/'3&',(&"(/.%(&0(&%")*,15("*1-&*,1;()#&'-&;+54"*('1-1%Z&
K'/'"6%%&".2*,%&-1#,('F+&#1&'#()*&7-1%03&#+1*4"0&)+:<&*,('#+&;,%"&*.'*(&)*+,%-(&7%F%#(&'-(&;+54"*1-1%Z& K;'6%'-1-&!2%&7.,5('F+&#."#-1F%%-(&0%"&#."#-1F%%-(&;+54"*('"1-1%3&#4"0&')%)*+&-'&'"15%*(&7(".5("(&
?'F.')+3&-%#$%0+&2%&).-%0+8&T"'&0%"&"15(,.')(-(&-.,&)*10%%&2%&(L;(,%("6(&()*(&#,('.%'9&S%&)(&*,10()#&)+& );%,%*1'-(3&!"&);(#%'-&#(-(&0(&5'*(,%'-%F+,%8
'7-(&#15&'&#,('*&C%/%"%*'*('3&0%"&'#(')*+&5'*(,%(&)1@*%-+3&.51-3&'"%5'-1-&2%&;-'"*'8&[,4"0:"(/,4"0&(%& SL%)*+&.&5',(&0(.)(@%,(&!"*,(&/%'6'&'#*1'-+&'&.5("%,%%&2%&#('&0(&'#15&Vq8qqq&0(&'"%3&#+#%&;(&#4"0&
'=1"?&')*7(-&)+&7'#+&5'*(,%'-%F+,%8&U'*(,%'-%F',('&()*(&1"&#';%*.-&%5;.,*'"*&0%"&)*10%%-(&)'/'"6%-.,& '*1"#%&(,'&"(';+,'*+&"(/.%(&0(&.&7.,5+&0(&,(-%?%(3&0(&.&#')*+3&#',(&)+&#1;,%"0+&.&!"*,('?+&)(,%(&0(&
#(,(2*%8 & C(.',(#( & '#()*( & )*10%% & "1 & )( & ;.* & 7%"'-%F' & !" & H(,3 & )'/'"6%% & #(,(2*% & #.@.',+ & -' & )1;,'7'6'& %"%6%'6%3 & '#15 & : & 0'*.,%*+ & #%/%-%F'6%(%3 & 5.,'-(% & #,(2*%"( & 2% & 2*%%"6(% & *(,()*,( & : & "1 & 5'% & )1"* & "(#()',(&
;+54"*1-1%3&7.,5('F+&1"&#(,#&0(&7,'6%&*,1;(2*%3&.'5("%&5.,'-%&2%&%"*(-(#*1'-%3&'01#&!"&5%=-.#1-&-.,&1"& )*10%%-(&".')*,(&0(&,(-%?%(&2%&#')*(-(8&['&7%&!")+&"(/.%(&0(&%"%6%'6%8
5(0%15&)1;(,%.,3&'"15(&;,(?+*%*&0(&-'&"'2*(,(&;("*,1&'#(')*+&!"'-*+&5%)%1"(&#(,(')#+3&2%&%5;1"4"0& !"&'#()*&)#.;&):'1&!"*,1;'*<&".%%&)'/'"6%&#(,(2*%&).)%6%&;(&'#()*&?-.@3&;1"4"0&@'F(-(&2*%%"6%7%#(&'-(&
'"15%*(&#."0%6%%3&!2%&!"#(;&(L;(,%("6(-(&#',(&!%&/.,&01#(&-'<&2*%%"6'&#,('6%(%8 ".%%&2*%%"6(&);%,%*1'-%)*(3&2%&')*7(-&#1".2*%"6(-(&-15%%&".')*,(&!5;4"F()#&'F%&;+54"*1-8&G15('&#(,(')#+&
I2'0',3&;("*,1&')(5("('&.;(,'6%%&7.',*(&,',(&)(&#(,&*,(%&7'#*.,%A&)'/'"6%&#(,(2*%3&1"&5(0%15&0(& 0.,(2*(&)+&!"0,15(&-15('&*(,()*,+3&;,.7%*4"0&0(&0'*(-(&2%&0()#.;(,%,%-(&2*%%"6(%8&J.%&"1&5'%&)1"*(5
5'*(,%'-%F',(&2%&1"&#(,#&)(-(#*&7.,5'*&0%"&.'5("%&;1,%3&(/.-1'6%&2%&#1-6%8 ;,(.#1;'6%&)+&7'#(5&0%"&;,(.6%%&;+54"*1-1%&#.-'@.,'*.,%%&".2*,%3&#%&'/(5&"(/.%(&0(&)'/'"6%%&;+54"*1-1%3&
K'/'"6%% & #(,(2*% & 7'# & '#()*( & (L;(,%("6( & ;("*,1 & #+ & -( & )1"* & "(#()',(3 & 2% & "1 & 0( & 0,'?1- & 0(:' & 1%5%& #',(&)1@&;,%)5'&#1".2*%"6(-.,&;+54"*(2*%3&)+&)*10%(F(&#(-(&#(,(2*%8&R'*+&0(&#(&".%&'#15&.;*+5&;("*,1
;+54"*("%%8&!"&'"*%#$%*'*(3&(L;(,%("6(-(&)(&7+#('1&"15'%&!"&)4"1-&#(,#1-1%&5',%-.,&%"%6%'6%8&I#15& %"*(-(#*1'-%&-'%#%3&;,.;'?'*.,%%&".%%&2*%%"6(&#(,(2*%&:&2*%%"6'&,(/(-'*+&:&0("15%*+&0(&1"%%&7(*'4)%$%)79 &
Vq8qqq&0(&'"%&(L%)*'&!"&);'6%1-&0%"&=1,1-&;+54"*1-1%&.&;-(%'0+&0(&5',%&)'/'"6%3&0%"*,(&#',(&):'1& C%"&#(-(&(L;1)(&)(&!"6(-(?(&#+&"1&'*4*&-15('&*(,()*,+&',(&"(/.%(&0(&'#()*(&(L;(,%5("*(&#(,(2*%3
!"*,1;'*&!"&S?%;*3&#.")*%*1%"03&,4"0&;(&,4"0&#')*'&5',%-.,&;,(.6%3&%"%6%'6%&!"&*'%"(-(&#(,(2*%8&T"%%&(,'1&!"& (4*&5'%&'-()&-15('&);'6%'-+3&.@-%?'*+&)+:2%&7'#+&(L;(,%("6(-(&7+,+&0(&#',(&("*%*+6%-(&);%,%*1'-(&',
);'6%1&2%&'-6%%&!"*,1;'6%&;(&;+54"*8&H(%&0(&)1)3&!5;,(1"+&#1&#(%&0(&=.)3&7+#('1&(L;(,%("6(&;,%/%*(&0%"& ,+54"(&0.',&*(.,(*%#%("%8&H.5@%"+,%-(&7-1%0%#(&'1&;,.01)&-(/%*'6%'&1".,&#.,;1,%&:&7+,+&%"*(,/("6%'
0.1+&;1"#*(&0(&/(0(,(3&15'":*,1;()#&2%&15'":);%,%*1'-8&I#(2*%&5',%&)'/'"6%&#(,(2*%&'1&(L;(,%5("*'*&2%& .51-1%&*,1;()#3&7.,5',('&0(&7'"*.5(3&)#,%(,%&7+,+&#."0(%3&5'*(,%'-%F+,%&(*#8
7+#1*&)*10%%&;(&;+54"*&';,.L%5'*%/&<V8qqq&0(&'"%8&S%&)(&)#$%5@'1&#1&,4"01-3&#4"0&1"%%&(,'1&)1)3& H4*&*%5;&/.,&)*'&'#(2*%&)'/'"6%&#(,(2*%&!"&;,('=5'&;+54"*1-1%&2%&/.,&,'0%'&0%"&#1".2*%"6(-(&-.,3
#(%-'-6%&(,'1&!"*,1;'6%&=.)3&2%&%"/(,)8&H')*'&5',%-.,&;,(.6%&'&0.@4"0%*&1"&#','#*(,&,(-%?%.)&;("*,1&'&"1& .5("%,('&/'&;,.?,()'&0%"&#(&!"&#(&5'%&51-*3&'#151-4"03&')%5%-4"0&2%&;1@-%#4"0&'#()*(&#1".2*%"6(8
'/('&'##()&.,%#%"(&-'&('&2%&';.%&'1&%(,',$%F'*:.8&9("*,1&#'&*'%"(-(&'7-'*(&0(&-'&#(%&0(&)1)&)+&"1&7%(& P.'*(&%"/("6%%-(&0(&.&)1*+&0(&'"%&!"#.'#(&)1"*&0'*(&.5("%,%%&0(&'#(2*%&)'/'"6%&#(,(2*%3&!"*,1;'6%&#'
0%/1-?'*(3&%"%6%'*1-&0(;1"('&1"&=1,+54"*3&'##(;*4"0&5'%&0(?,'@+&)+&5.',+&0(#4*&)+&0()*+%"1%(&#(-(& .,%#(&.58
#.51"%#'*(&0(&)1)8&P+%"1%,('&'#()*.,&(L;(,%("6(&2%&#.51"%#+,%&"1&(,'&0%#*'*+&0(&/,(1"&)#.;&(?.%)*3&#%& I5&*(,5%"'*3&%1@%*(&7,'*(3&#1&)1@%(#*1-&0(&'F%8&!"'%"*(&0(:'&5+&!"+-6'&!"&)7(,(-(&-15%"%%&2%&'-(
;("*,1&#+&2*%%"6'&#(,(')#+3&!5;+,*+2%*+&;,%"&/%1&?,'%&#(-.,&"(;,(?+*%6%3&):',&7%&0(7.,5'*8&C1$1-&%"7(,%.,& ',5."%(%&)+&51-615%5&C%/%"%*+6%%&H,('*.',(8&K+&51-615%5&o%1-1%&K+1&).-',3&N1/(,"'*.,1-&".)*,18
:&!"*,1;'*&)'1&"(!"*,1;'*&:&"(;1*4"03&0'*.,%*+&"%/(-1-1%&)+1&0(&(/.-16%(3&)+&#1;,%"0+&'04"#1-&*1*1,.,& !"&7%"(3&)+:51-615%5&!"'-6%-.,&)'/'"6%&#',(&"(:'1&'05%)&#'&'1L%-%',%&'%&-.,8&G'&-15%"'&-.,&"(&/.5
-1#,1,%-.,3&%"*(,;,(*('F+&#."7.,5&-%5%*(-.,&)'-(&#(('&#(&"1&!"6(-(?(&2%&')*7(-3&*,'")5%64"01:)(&5'%& '0+;'&2%&".%&0.1+&5%%&0(&'"%3&#4"03&'?."%)%"0&0()*1-&#';%*'-3&/.5&;+,+)%&'#(')*+&;-'"(*+3&;("*,1&.
0(;',*(3&7."01-&;,%5&'-&%"7.,5'6%(%&):',&7%&0(7.,5'*3&;4"+&#(&"1&',&5'%&7%&#.,();1")&'0(/+,1-1%8&[+& '-*'3&1"0(&"(&/.5&#."*%"1'&)*10%%-(8
0'1&1"&(L(5;-1&)%5;-1&2%&#.51"8&a51-&0(&-'&6',+&'&'1F%*&0(&B'1*.5.@%-E3&0',&(-&"(#1".)#4"0 &-'&
!"#(;1*&!"6(-()1-&'#()*1%&#1/4"*3&<:'&*,'")7.,5'*&!"&B5.*.5.@%-E8&P.*&'2'&#1&.,%#(&%0((A&.51-&)%5;-1&
.&)#$%5.".)(2*(&.,%&.&!"-.#1%(2*(&#1&'-*'8&o%%"0&"(#()',&)+&)(&0('&.51-1%&;+54"*()#&)'1&#(,()#&
'"15%*(&#1".2*%"6(3&(/.-16%'&01$1-1%&()*(&,(;,(F("*'*+&;,%"&#-')(&)'1&?,'0(3&'/4"01:)(&#'&;1"#*&0(& 9,.01#(,('&)1"(*(-.,&2%&/.,@%,%%&0%,(#*(&'&01$1,%-.,
;-(#',(&5.,'-%*'*('&2%&%"*(-(#*1'-%*'*('8
9("*,1&':2%&7'#(&)*10%%-(3&5',%%&)'/'"6%&'%&H(,1-1%&'#()*1%&?-.@&'1&#,('*&!"&'"15%*(&-.#1,%&:&R"0%'3&
P%@(*3&S?%;*&:&"1#-((&0(&%"%6%'6%3&;("*,1&#'&;,%"&(%&2%&#1&'=1*.,1-&-.,&)+:2%&7'#+&(L;(,%("6(-(3&%',&-15('& K1"(*(-(&2%&/.,@%,('&).".,+&'&.51-1%&*,1;()#&-(&;,.01#(5&#1&.',(#',(&?,(1*'*(8&K1"(*(-(&;,.01)(&
)1;(,%.',+&'&9+54"*1-1%&)+&"1&,+54"+&7+,+&'#(')*+&2*%%"6+&#(,(')#+3&'-*7(-&;%(,01*+8 0(&01$1,%&%5%*+&;(&#(-(&0(&#-.;.6(%3&-'"61,%3&@1*.'%(&,.)*.?.-%*(&(*#3&%',&/.,@%,('&).".,+&()*(&!"*.#5'%&
C',&01;+&#(&2%:'1&*(,5%"'*&)*10%%-(3&)'/'"6%%&#(,(2*%&'1&;+,+)%*&;-'"(*'&".')*,+8&C(&-'&;-(#',('& #'&2%&'&/.')*,+&*,1;(')#+8
-.,3&,(-%?%%-(&2%&#')*(-(&.,?'"%F'*(&0(&(%&'1&0(#+F1*3&%',&%"%6%(,%&"1&):'1&5'%&7+#1*3&0(.',(#(&!"&-.#1-& I5&);1)&#+&!"&=1,1-&;+54"*1-1%3&#'&2%&'-&*1*1,.,&;-'"(*(-.,&2%&).,%-.,3&)(&'7-+&5'*(,%'&(*(,%#+3&!"&
#(-.,&;-(#'6%3&#')*'&;,(.6(')#+&'&7.)*&.#1;'*+&0(&01$1,%&5'%&;16%"&2*%1*.',(8&C(&')(5("('3&"15+,1-& 0%7(,%*(&?,'0(&0(&#."0(")',(8&!"*,(&'#()*(&(*(,1,%&)'1&7-1%0(&(L%)*+&2%&#(-&"15%*&0(&/.%&(-(#*,%#%*'*(8
5(0%15%-.,&):'&,(01)3&;4"+&'1&0%);+,1*&2%&(%3&;("*,1&#+3&;(&0(&.&;',*(3&(,'1&!"*,(6%"16%&#.5;-(*&0(& N("(,'*.',(-(&/.')*,(&(-(#*,%#(&'@).,@&7-1%01-&(-(#*,%#3&!-&#."0(")('F+&2%&*,%5%*&5'%&0(;',*(3&;(&
#')*'&;,(.6%-.,3&%',&;(&0(&'-*'3&9+54"*1-&"1&5'%&'/('&)'/'"6%&#(,(2*%&#',(&)+&#1".')#+&5(0%15%F',('& #."01#*.,%&(-(#*,%#%8&S-&#1,?(&;(&7%,1-&(-(#*,%#3&;(&0(')1;,'&7%,1-1%&2%&;,%"&*.6%&;.,%%&)+%3&#'&2%&';'&!"*,:
/($%#.-(-.,&1"1%&.53&;("*,1&'&7'#(&0%"&(-&1"&@1"&%")*,15("*&;("*,1&)*10%%-(&-.,8&P,(;*'*3&.5("%,('&'& 1"&#'"'-3&#1&.&/%*(F+&0(&Xqq8qqq&]%-.5(*,%&;(&)(#1"0+8&C%"&"(7(,%#%,(&;("*,1&/.%3&0',&2%&;("*,1&".%3&
0(#+F1*&*.*&5'%&51-*&!"&'@%)1-&"(2*%%"6(%&2%&5'%&'-()&'-&%5.,'-%*+6%%8 "1&'/(6%&!"#+&1"&';','*&0(&'"'-%F'*&"'*1,'&7-1%01-1%&(-(#*,%#8
I2'&):'1&)#1,)&/('#1,%-(3&;4"+&'&,(';+,1*&5',(-(&H$,%)*3&'01#4"0&!"&-15(&/(#$%-(&#1".2*%"6(&'-(& U'*(,%%-(&(*(,%#(&#(&15;-1&%"*(,%.,1-&1"%/(,)1-1%&-(&/.5&"15% &'M(5/ &(-(&7%%"0&1"&#.5;-(L&0(&
)'/'"6%-.,&0(&'#15&Vq:V\&5%%&0(&'"%3&7.,54"0&.&,(-%?%(3&#',(&:&';',("*&:&"1&',(&-'&@'F+&2*%%"6'3&#%& (*(,1,%&0(&0%7(,%*(&#'-%*+6%&2%&0(")%*+6%Q&7-1%0(&#',(&!"#(;&#1&'&2%&)(&*(,5%"+&#1&M(59&o%(#',(&7(-&0(&7-1%0&
"15'%&%1A%,('/&'"%$%-4"0&.',(#15&;.,"%,('&01$1,%-.,&%"7(,%.',(&);,(&@()*%'-%*'*(8&C(&'*1"#%&'1&*,(#1*& ',(&.&'"15%*+&!")12%,(3&2%&';-%#'6%%&0%7(,%*(&!"&/%'6'&".')*,+&);'6%'-+8
/('#1,%3&2%&;(&@'F'&0,'?.)*(%&G1%3&.5("%,('&'&'=1")&-'&#%/%-%F'6%'&0(&'F%3&)*,+-1#%*.',(&5'%&51-*&!"& U'*(,%'&'F(0%#+&!"/(-(2*(&).',(-(3&7.,54"01:%&#.,;1-&7-1%0%#8&I#()*&#.,;&'F(0%#&',(&%"*(-%?("6+3&
0.5("%1- & 5'*(,%'-3 & ;+54"*()#3& ;( & #4"0 & !" &#(- & 5.,'- & ()*( &!" & ,(?,() & 7'6+ & 0(& ;,%5(-( & /('#1,% &'-(& /.%"6+&2%&.&5(5.,%(&;,.;,%(3&5(#'"%#+3&'1*.5'*+3&#',(&,(;,.01#(&!"&5.0&%"#."2*%("*&#(('&#(&):'&
#,(2*%"%)51-1%8 %5;,%5'*&;(&('3&')(5("('&1"1%&)1;.,*&5'?"(*%#8&I2'0',3&5'*(,%'&'F(0%#+&',(&;,.;,%(*'*('&0(&'&,(6%"(&
I#15&!"&);'6%1&)(&'7-+&0%"&".1&#(*(&0(&5',%&)'/'"6%3&#+,.,'&-(&;1*(6%&0'&"15(-(&0( &Q8')18& %0(%-(&(5%)(&0(&#%"(/'&2%&0(&'&-(&,(;,.01#(&';.%&#'&.&;-'#+&0(&?,'5.7."8
F5(0+,181%9 &S%& 0.,()#&)+& ,(7'#+&)*10%%-(& ,+);4"0%*(&0(&#(%&;-(#'6%& '#15&F(#(& 5%% &0(& '"%8&I#(2*%& S1-&".)*,1&#(-&5'%&%"*%5%)*(&.&)#4"*(%(&7.',*(&5%#+8&K#4"*(%'&0%/%"+&()*(&;',*('&".')*,+&()("6%'-+3&
)'/'"6%&'1&!"#(;1*&)+&,(%'&#.5@%"'6%%-(&7-1%01-1%&).-',&#1&5'*(,%'&).-%0+3&-%#$%0+&2%&?'F.')+&'&'#()*1%& #('&#',(&#1?(*+&2%&/.%(2*(8&!5;,(=1,1-&(%&(L%)*+&.&)(,%(&0(&(*(,1,%3&'0%#+&'/(5&'F(01-&".)*,13&#',(&
?-.@3&04"0&"'2*(,(&-'&7(".5("(&"(!"6(-()(3&"(#1;,%")(&!"#+&0(&/.%3&.'5("%&*,1;(2*%8&R"&'#()*&)#.;3& !5;,(1"+&#1&)#4"*(%'&0%/%"+&7.,5('F+&01$1-8&!"&)*10%%-(&".')*,(&'5&#.")*'*'*&#+&5'*(,%'&'F(0%#+&'&
';,.L%5'*%/&0(&.&)1*+&0(&'"%&!"#.'#(3&1"%%&0%"*,(&(%&):'1&2%&!"*,1;'*3&!"*(5(%"0&.&2*%%"6+&".1+3&!"& #.,;1-1%&".)*,1&);%,%*1'-&',(&!")12%,('&0(&'&7%&%5;,%5'@%-+&0(&%0(%-(3&?()*1,%-(&2%&'#6%1"%-(&".')*,(3&#+&
0(7%"%*%/&/(#$(&0(&#4"0&)(&'7-+&.51-&;(&'#()*&;+54"*3&2*%%"6'&"15%*+&)4%,%*%)79 >%&('&',(&%"*(-%?("6'3&5(5.,%'&2%&/.%"6'&(%8&C',3&'#(')*+&/.%"6+&()*(&'"%$%-'*+&)'1&,.@%*+&/.%"6(%&(1-1%3&
!"&?("(,'-3&-15('&#,(0(&#+&);%,%*%)51-&#.")*+&!"&5%=-.#1-&0(&'&#.51"%#'&#1&.51-&#(,()#3&#(('&#(& '&)#4"*(%%8&I2'0',&(L%)*+&.&0(.)(@%,(&!"*,(&)#4"*(%(&2%&#.,;1-&);%,%*1'-&7.,5'*&0%"&5'*(,%(&'F(0%#+3
"1&()*(&(L'#*8&J.%3&.'5("%%&7-1%0%#%3&"1&'/(5&"(/.%(&)+&#.51"%#+5&#1&/.%3&"1&'/(5&"(/.%(&)+&
!"#,(0%"6+5&-15('&*(,()*,+&0(&(L%)*("6'&".')*,+3&0(.',(#(&".';*('&01$1,%-(&!"*,1;'*(&)1"*&2%&(-(&#(('&
#(&)1"*(5&2%&".%8&!"&)#.;1-&'/'")+,%%&#1".2*%"6(-.,&".')*,(3&'/(5&"(/.%(&0(&(L;(,%("6(&*(,()*,(3 <
&I--'"&t',0(]3&H$',-()&c%#$(*3&H,..]()3&N(--(r3&G.5@,.).3&G.0?(3&J.*F%"?3&p',(*&2%&'-6%%8
U\X >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"&?(, U\Y

;("*,1&#+&)#4"*(%'&',(&/.%"6+3&5(5.,%(&2%&%"*(-%?("6+&)1;(,%.',+8&K#4"*(%'&0%/%"+&#1?(*+&-'&!"'-*(-(& ,+)1"+&!"&'#('&#'5(,+&.&/.,@%,(&.5("(')#+3&;,.01)+&0(&.&7%%"6+&%"/%F%@%-+3&0(&1"&01$3&2%&"1&0(&1"&.5&
;,.@-(5(&'-(&#,('6%%-.,3&;(&#4"0&5'*(,%'&'F(0%#+&0%"&=1,1-&(%&',(&.&#1?(*',(&#.51"+8&U'*(,%'&#',(& *,1;()#8&S'&)(&;,.01#(&!"&'"15%*(&#(,#1,%&#1".)#+*.',(3&2%3&"1&.,%#+,1%&.53&#',(&0(&);'%5+&',&#+0('&
7.,5('F+&)#4"*(%'&0%/%"+&"1&)(&'7-+&;,%"*,(&)*(-(&2%&;-'"(*(3&!"&);'6%%-(&)%0(,'-(3&#%&"15'%&!"&K7(,'& 5.,*8&R'*+&0(&#(&')(5("('&7(".5("(&)1"*&;(0(;)%*(&#1&?,(-(&)17(,%"6(&#(,(2*%3&0'#+&)1"*&;,.01)(&7+,+&
0%/%"+3&1"0(&'&7.)*&#,('*+8 !"/.%,(&);(#%'-+8
C%"&#(-(&(L;1)(3&,(%()(&#+&5'*(,%'&'F(0%#+&',(&.&/.%"6+&.',@+3&.&%"*(-%?("6+&)-'@+&2%&.&5(5.,%( C(&')(5("('&)(&;.*&;,./.#'&2%&0%7(,%*(&F?.5.*(8&!")+&;,.01#(,('&'#()*.,&)1"(*(&)(&@'F('F+&;(&
;,%"#%;%1-&*1"(*(-.,&0%"&"'*1,+8
%"#."2*%("*+3&.',(#15&5(#'"%#+8 U'*(,%'&'F(0%#+&()*(&@+,@'*:7(5(%(3&'0%#+&$(,5'7,.0%*+Q&"1&()*(&"%#%&;.F%*%/+3&"%#%&"(?'*%/+3&#%&
S13&7%%"6+&'F(0%#+3&*,+%()#&!"*,:.&';+&'F(0%#+&2%&*.*12%&"1&5+&*.;()#&!"&('Q&)1"*&#'&2%&?$('6'3&)1"*& ()*(&"(1*,+8&S'&()*(&.&5'*(,%(&/%(3&#1&/.%"6+3&5(5.,%(&2%&.&%"*(-%?("6+&7.',*(&,(01)+3&7%%"0&5'-('@%-+&
1"&'%)@(,?&;-1*%*.,&;,%"&.#('"1-&'F(0%#&'-&);'6%%-.,8 2%&%"7-1("6'@%-+8&9,%"&;1*(,('&/.%"6(%&5(-(3&;.*&)+:%&0()7'#&7.,6(-(&(-(#*,%#(&2%&';.%&)+&#.5@%"&5'*(,%'&
J.%3&01$1,%-(&"(:'5&!"*,(@'*&'0()('A&BG'&#(:.&7%&7+#1*&H,('*.,1-&'#(')*+&5'*(,%(&'F(0%#+3&#1&1"& ;.F%*%/+&#1&#('&"(?'*%/+3&'0%#+&)+&7'#&1"&71-?(,&;)%$%#3&/%F%@%-&"15'%&01$1,%-.,3&0',&#',(&/'&F?101%&
,10%5("*&0(&%"*(-%?("6+3&/.%"6+&2%&5(5.,%(DE&R',&=10(#'*'&"(:'&0'*&,+);1")1-&#+&0%/%"1-&".)*,1&P'*+&'& '(,1-&1"(%&!"#+;(,%&;,.01#4"0&1"&5%#&*1"(*&)'1&F?.5.*3&;(,#(;1*&0(&/.%3&.'5("%&*,1;(2*%8
/,1*&)+&5'%&'%@+&1"&%")*,15("*3&!"*,(&51-*(&'-*(-(3&;,%"&#',(&)+&#."01#+&-15('8 !"'%"*(&0(&'&',+*'&#15&)(&7'#(&'#(')*+&0()7'#(,(&2%&#.5@%"',(&(-(#*,%#+3&0()#$%0&.&;','"*(F+8&J.%&
!"&)*10%%-(&".')*,(3&'5&#.")*'*'*&#+&*.*&#(&7'#(53&?4"0%5&2%&/.,@%5&)(&%5;,%5+&!"&'#(')*+&5'*(,%(& "1&'1F%5&/.,@%,('&/.')*,+&)1@&7.,5+&0(&1"0(&).".,(8&J.%&'1F%5&0.',&%0(%-(&#',(&7.,5('F+&5%(F1-&
'F(0%#+8&C',&#(('&#(&()*(&5'%&#1,%.)&(&#+&-'&7(-&)(&;(*,(#(&2%&#1&/.,@%,('3&?4"0%,('&2%&'#6%1"('&/.')*,+3& 1"0(-.,&/.')*,(&).".,(8&[.#('3&*%5@,1-&/.#%%&/.')*,(3&"(&()*(&"(#1".)#1*8&J.%&'1F%5&/.,@%,('&/.')*,+&
#+#%&2%&(-(&)(&!",(?%)*,('F+&!"&5(5.,%'&5'*(,%(%&'F(0%#(8&I5&#.")*'*'*&#+&;(&#4"0&".%&'/(5&.&/.%"6+& ;)%$%#+3&;(&#',(&.&;,.01#(6%&#4"0&/.,@%6%3&;("*,1&#+&/.,@%,('&#1;,%"0(&%0(%3&#1?(*+,%&%5;,%5'*(&!"&
(L;,%5'*+&;,%"&7%@(,&',@%*,13&5'*(,%'&'F(0%#+&:&0(2%&',(&.&/.%"6+&:&"1&',(&.&#."01#(,(&;,.;,%(&2%&0(#%& 5'*(,%'&'F(0%#+&!"#."=1,+*.',(8&C'#+&'F(0%#1-1%&#(&'&!",(?%)*,'*&?4"0%,('&/.')*,+&%:'6%&;1*('&0'&.&
1"&-%@(,&',@%*,18&[%&)(&;',(&.&)%*1'6%(&#%10'*+3&0',&'#()*'&()*(&'0(/+,1-8&U'*(,%'&'F(0%#+&,(;,.01#(&!"& '"15%*+&0%,(#6%(3&'6%&,('-%F'&7(".5("1-&"15%*&*(-(;'*%(&)'1&/.,@%,('&-'&0%)*'"6+&#1&1"&'-*1-3&"15'%&
/(#%3&!"&/%,*1*('&/.%"6(%&2%&5'%&'-()&'&5(5.,%(%3&#(('&#(&):'&%5;,%5'*&;(&('8 ;,%"&#'-('&?4"01-1%8&!"#$%0&'#(')*+&;','"*(F+3&0',&0()#$%0&'-*'8
U'*(,%'&'F(0%#+&=.'#+&1"&,.-&$.*+,4*.,&!"&(L%)*("6'&".')*,+3&)(,/%"0&#'&$,'"+&5'*(,%'-+&#.,;1-1%& I5&5'%&);1)&#+&01$1,%-(&"1&'1&)(L&#'&/.%3&2%&*.*12%&)1"*&0(&0.1+&7(-1,%A&7')#18%"(&3%&;(7%"%"(/&
".)*,1&2%&$,'"+&%"*(-(#*1'-+&)17-(*1-1%&".)*,18 )'13&#'&"1&#',(&#15/'&)+&/+&71?+&?4"01-&-'&)(L1'-%*'*(3&1"(-(&)1"*&!"#+,#'*(&5'%&51-*&#1&(-(#*,%#%*'*(&
I5&);1)&#+&'/(5&5(5.,%'&".')*,+&'F(0%#+&2%&;1*(5&#%*%&!"&('8&C',3&#'&)+&7%1&5'%&)%?1,&!"*,(@&2%& ;.F%*%/+ & 2% & '-*(-( & '1 & !" & #.,;1- & -., & 'F(0%# & 5'% & 51-* & (-(#*,%#%*'*( & "(?'*%/+8 & C'#+ & 0.1+ & 01$1,% & #1&
;(&/(#%"1-&5(1Q&*.*12%3&#4*(.0'*+&7%%"0&*("*'*&)+&5+&!"0.%()#&0(&);1)(-(&-1%3&0.@4"0()#&.&#."/%"?(,(& (-(#*,%#%*+6% & #."*,',%% & !5;+,*+2()# & '#(-('2% & %0(%3 & '1 & '#(('2% & (/.-16%( & 2% & )1"* & .',(#15 & ')(5+"+*.,&
0(;-%"+&#%*%"0& #(-(&0.,%*(& !"&5'*(,%'&'F(0%#+&!"#."=1,+*.',(3&!"&#',(&;-1*()#8&9("*,1&'&#%*%&!"&('3& .,?'"%F'*(3&(-(&)(&)%5;'*%F('F+3&)(&%1@()#8&I#(')*+&%1@%,(&#.")*+&!"&'-%;%,('&*,1;1,%-.,&-.,&'F(0%#(&2%&
*,(@1%(&)+&.&;1"&!"&5%2#',(3&!"&/%@,'6%(8&[%@,'6%'&(%3&!"*,:1"&'"15%*&5.03&0+&"'2*(,(&-'&1"'&0%"&51-*(-(& ;,.01#(,(' & 1"1% & )#$%5@ & 0( & (-(#*,%#%*'*( & !"*,( & (-(8 & K#$%5@1- & '#()*' & ;,.01#( & 1" & )("*%5("* & 0( & .&
B5%"1"%E&'-(&H(,1,%-.,A&;+,+&)+&;%(&2&;%%".+&%"*(8%-("*+&#'&7%"(/&7'*(,%'&'M(5%#+&02,A(3*(/&4,251#(&2 & "();1)+&;-+#(,(3&.&!5@+*',(&2%&7(,%#%,(&"(?,+%*+8
02#(/&2&02,A%,(&%5("*%#+&#1&'&7('/&5',&#',(&"1&()*(&5(#E*&2&,(4,251#(,(&7(#'"%#+/&1"&,+)41")&)#1,*/ & a51-&);'6%'-&7(5%"%"&)(&$,+"(2*(3&'@).',@(&!"&#.,;1-&)+1&'F(0%#&"15'%&(-(#*,%#%*'*(&"(?'*%/+3&%',&
%"#2"3*%("*/&5%;(,%*&5(&,+)41")18&0',%'A%8&3%&%"*(8%-("*&'8&1"1%&;,'*(&)4'.%'89 01$1-&5')#1-%"&)(&$,+"(2*(&"15'%&#1&(-(#*,%#%*'*(&;.F%*%/+8&C',&'F(0%#1-&0%"&);'6%13&!"&)*',('&-1%&
H15&)+&7'#&)+&5+&!"6(-(?(6%&5'%&12.,D&[+&0'1&1"&(L(5;-18&9("*,1&#'&-15('&01$1,%-.,&'#()*(%& ".,5'-+3&()*(&"(1*,1&2%&!"&'#(')*+&)*',(&"1:%&()*(&0(&"%#%&1"&7.-.)&01$1-1%8
;-'"(*(&)+&!"/(6(3&)+&5(5.,(F(&1"&a,0%"&0%/%"3&N1/(,"'*.,1-&9+54"*1-1%&?4"0(2*(&;1*(,"%#3&2%&*.*&#(& S%3&'*1"#%&#15&;,.#(0('F+&1"&01$&#'&)+:2%&;,.#1,(&'F(0%#1-&"(#()',D&R'*+&#158&S1&'5&#.,;1-&5(1&
'&?4"0%*&):'&%5;,%5'*&!"&'F(01-&0%"&=1,1-&;+54"*1-1%8&C1;+&'#(('3&N1/(,"'*.,1-&)1;,(5&'-&?-.@1-1%& 'F(0%#8&K#4"*(%'&0%/%"+3&(1-&5(1&?4"0(2*(8&N4"01,%-(&)'1&2%,1-&%0(%-.,&5(-(&;,.01#&1"0(Q&#.,;1-&5(1&
*(,()*,1&;1"(&!"&/%@,'6%(&'#()*&'F(03&'2'&#15&!"6(-(;#%1"('&G1%&2*%(&)+&.&7'#+8&C%"&'#()*&5.5("*&.& );%,%*1'-&7%%"0&5')#1-%"3&;,%"&'#()*&;,.#()&5+&0()#',#&0(&(-(#*,%#%*'*('&5('&;.F%*%/+&#',(&*,'");.,*+&
/.#(3&#'&1"&(#.1&?("(,'-3&,+)1"+&0(&=1,&!5;,(=1,1-&;+54"*1-1%A&BC.5"1-&C.5"%-.,&'&.,0."'*&;,%5'& ?4"0%,('&5('&;,%"&);'6%18&I*1"#%3&#.,;1-&5(1&'F(0%#&)-+@(2*(&!"&;1*(,(&2%&*,(@1%(&)+:<&,(7'#3&;("*,1&'&
K'&;.,1"#+&p@+&"1&1#%5(.%q&#+#%&#(-&#(&/'&1#%0(&!2%&/'&-1'&;(0(';)'&;,%"&5%"(3&'F(0%#+&2%&;1*(,"%#'& ;1*('&?4"0%&5'%&0(;',*(8&!"&'#()*&)#.;3&5+&$,+"()#3&'@).,@&!"&5%"(&5'*(,%'&'F(0%#+&0%"&5(0%1-&
G1%&5'*(,%(3&!"&#',(&/.%&*,+%6%8E !"#."=1,+*.,8&a&0'*+&'@).,@%*3&!-&0()7'#&!"&0.1+3&!"&;.F%*%/&:&;(&#',(&!-&,(6%"3&2%&!"&"(?'*%/&:&;(&#',(&
I#()*(&#1/%"*(&)(&,(;(*+&5(,(1&%',&01$1,%-(&-(&'10&2%&)1"*&#1;,%")(&0(&.@)()%(3&*,'")7.,5'*+&!"& *,(@1%(&)+:<&(-%5%"8&C',&0()#+,#',('&(-(#*,%#%*+6%%&"(?'*%/(&',&;,.01#(&.&;(,*1,@',(&!"&'F(0%#1-&"(1*,1&
%"*(,%.,1-&-.,&!"*,:.&#."2*%%"6+&;1*(,"%#+&2%&/%(&#+&"1&(&@%"(&)+&1#%F%3&#+&[.%"6'&P'*+-1%&#(,()#&()*( 0%"&=1,1-&5(13&):',&;,.01#(&5%#%&71-?(,(&h&')(5("('&71-?(,(-.,&/.')*,(&0%"&"'*1,+3&2%&F?.5.*(&
)+&"1&1#%F%8 ;)%$%#(3&#',(&',&*1-@1,'&?4"0%,('&01$1,%-.,&0%"&=1,1-&5(13&-(;,.24"01:5%:)(&#+&)1"%&1"&"(;,%#(;1*&1"&
J.%3 & 01$1,%-( & )1;(,%.',( & '-( & 9+54"*1-1%3 & #%*%5 & !" & '#(')*+ & 1,%'2+ &#',*( &' & C%/%"%*+6%%3 &B%A8%'& "(;.-%*%#.)3
#(,1,%82,/&#(('&#(&5'%&5',%%&".2*,%&'1&?4"0%*&)'1&;,.;./+01%*&#4"0/'8&I#(')*+&#',*(&/(2"%#+3&%)*.,%#+& C',&).)(2*(&5.5("*1-&#4"0&)1"*&;,('&;-%"&0(&(-(#*,%#%*'*(&"(?'*%/+8&H15&7'#&)+&5+&0()#',#D&9(&1"&
'&.5("%,%%3&!5%&/'&,(;,.01#(&.,%#4"03&0'#+&/.%&2*%&)+&.&;1"&!"&/%@,'6%( &6 &')(5("('&1"(%&;-+#%&0(& );'6%'-&7(5%"%"&:&.&)1,%.',+3&'6%&F%#(&/.%&:&#1&#',(&5+&!5;'#&-'&%0(%3&!-&,.?&)+&"(&1"%53&)+&"(&'-%;%5&
?,'5.7."&:&');(#*(&0%"&/%'6'&1"1%&.53&'"15%*(&(/("%5("*(&0%"&%)*.,%'&1"1%&;.;.,&)'1&.,0%"(&'-( #.,;1,%-(&);%,%*1'-(8&I#(')*+&'-%;%,(&7%%"0&7+#1*+3&5+&0();',*&0(&"(?'*%/1-&5(1&%',&01$1-&7(5%"%"&
(-%5%"+&;,%).)1-&)+1&;.F%*%/8&I#()*&)#$%5@&"(&;,.01#(&.&)(")%@%-%*'*(&0(&.&7(,%#%,(&0%/%"+8&H4"0&/,(5&
%(,',$%-.,&5(%&)1;(,%.,%8 )+&;,.01#(5&'"15%*(&)1"(*(&)'1&F?.5.*(&:&#%.#+"%*1,%3&*,.)"%*1,%3&74)4%*1,%&(*#8&:;,.#(0+5&')*7(-8&K(&
K+&;,()1;1"(5&#+&1"&);%,%*&)1;(,%.,3&')(5("('&1"1%&,+F/,+*%*&0(&-'&/.%3&',&)*,%?'&#+*,(&#(-(&;'*,1& !"*,1"()#&5'%&51-*(&01$1,%3&0(&.@%#(%&#(-(&%"7(,%.',(3&#',(&'1&#.,;1-&5'%&?,.).-'"3&5'%&';,.;%'*&0(&
;1"#*(&#',0%"'-(A&BJ1&(&'0(/+,'*&#+&(L%)*+&1"&C15"(F(1E8&o%%"0&1"&);%,%*&0(&?,'0&)1;(,%.,3&#1/%"*(-(& 01@-1-&/.)*,1&/%*'-8&S-(&'/4"0&'#(('2%&!"#+,#+*1,+&(-(#*,%#+3&)(&0()#',#+&0%,(#*&!"&'F(0&2%&;,.01#&.&
)'-(&/.,&'/('&'1*.,%*'*(&!"&-15('&01$1,%-.,&5'%&5%#%8&9("*,1&#'&%0(%-(&)'-(&)+&"1&'%@+&*,(#(,(&!"&-15('& /%@,'6%(&;1*(,"%#+3&;1"4"0&-'&,4"01-&)+1&!"&5%2#',(&'(,1-&0%"&#'5(,+&.,%&5.@%-'&1"0(&):'&;,.01)&
01$1,%-.,&5'%&5%#%3&N1/(,"'*.,1-&9+54"*1-1%&#.51"%#+&%',&5'*(,%'&'F(0%#+&!",(?%)*,('F+&2%&';.%& 0()#+,#',('8&T"(.,%&'#()*(&)1"(*(&)1"*&7+#1*(&%"*("6%."'*3&;("*,1&'&'*,'?(&'*("6%'&.51-1%3&'-*(.,%3&
,(;,.01#(A&BI0(/+,&/+&);1"3&S13&C.5"1-&/.)*,1&H,('*.,&(L%)*&2%&'5&(L%)*'*&0%"&/('#1-&/('#1,%-.,E8 ;("*,1&'&)(&0%)*,'&;(&#."*1-&-1%3&.,%&!"&)#.;&0(&)*10%13&;("*,1&'&/(0('&(7(#*(-(&0()#+,#+,%%&-.,&(-(#*,%#(8
S#.1-&'#()*'&,+)1"+&2%&)(&,(;(*+&;4"+&#4"0&)1?()*%'&;1*(,"%#+&)(&/'&)+;'&'04"#&!"&)#4"*(%'&-.,& P.*&;,%"&%"*(,5(0%1-&(-(#*,%#%*+6%%&)(&;.*&;,.01#(&2%&5%2#+,%&0(&.@%(#*(&:&5')+3&)#'1"&:&#',(&)(&
0%/%"+3&;4"+&#4"0&"%#%&1"&01$&"1&)(&/'&5'%&!"0.%3&2%&"1&/'&5'%&0'&')#1-*',(&#(-1%&,+F/,+*%*&!"&#."*,'& ,%0%#+&)'1&)(&;-%5@+&)%"?1,(3&7+,+&%"*(,/("6%'&"%5+"1%&:&/.,@'&/%"(&:&#+#%&!"&'#()*(&!5;,(=1,+,%3&1"1-&
P'*+-1%8&c+F/,+*%*1-&,+54"(&.&1"%*'*(&#.5@+*1*+&5(,(1&0(&5'*(,%'&'F(0%#+3&%")*,15("*1-&C%/%"%*+6%%8 0%"&')%)*("6%3&5(0%151-3&()*(&1"&%")*,15("*3&#."2*%("*&)'1&%"#."2*%("*8&K+&;,()1;1"(5&#+&5(0%151-&
I#15&,(/%"&-'&!"*,(@',('&*'A&H15&;,.01#(5&".%3&01$1,%-(3&/.,@%,(&0%,(#*+3&*,1;(')#+3&')(5+"+*.',(& ()*(&7(5(%(8&I*1"#%&*.'*(&01$1,%-(&7(5%"%"(&0%"&'#('&#'5(,+&)'1&#')+&)(&0()#',#+&0(&(-(#*,%#%*'*('&-.,&
#1&'&/.')*,+3&0(2%&"1&'/(5&;-+54"%3&-',%"?(3&-%5@+&(*#8 ;.F%*%/+ & !" & 5(0%158 & !" & '#(-'2% & *%5;3 & *.'*( & 01$1,%-( & 5')#1-%"( & )( & 0()#',#+ & 0( & (-(#*,%#%*'*(' & -.,&
U'%&!"*4%&*,(@1%(&)+&2*%6%&#+&".%&;,.01#(5&7.',*(&,',&')(5("('&7(".5("(3&7%%"01:"(&%"*(,F%)&0(& "(?'*%/+&!"&'F(0%#1-&"(1*,1&0%"*,:.&5.@%-+&.',(#',(8&J1&)(&!"#',#+&5(0%151-&#1&;,('&51-*+&(-(#*,%#%*'*(&
5'%&5',%%&H(,1,%-.,3&;("*,1&'&"1&);(,%'&.'5("%%8&C',&#4"0&'/(5&!"/.%,(&)'1&#4"0&01$1,%-(&%"7(,%.',(3& ;.F%*%/+3&;("*,1&#+&/+*+5',('&01@-1-1%&7-1%0%#&;.'*(&;,./.#'&5.',*('&*,1;1-1%8&I#153&5(0%151-&
0%"&%?".,'"6'&7';*(%3&.&7'#&7+,+&!"/.%,(3&7(".5("1-&)(&;,.01#(&')*7(-8&J.%3&01$1,%-(3&/.,@%58&[.,@%,('& 0(/("%"0&1"&;1*(,"%#&5'?"(*&;.F%*%/3&'*,'?(&#1&;1*(,(&#+*,(&)%"(3&5.@%-'&!"#+,#'*+&#1&(-(#*,%#%*'*(&
".')*,+&()*(&;)%$%#+3&;(,#(;*%@%-+&"15'%&!"*,(&".%&01$1,%-(8&C',&0'#+&(13&01$3&/,('1&)+&0(*(,5%"&;(& "(?'*%/+8 & C'#+ & 0.,()# & #' & .@%(#*1- & )+ & )( & !"0(;+,*(F(3 & 01$1,%-( & !"#',#+ & 5.@%-' & #1 & (-(#*,%#%*'*('&
.'5("%%&*,1;(2*%&)+:5%&'10+&?,'%1-3&/.,@()#&!"&-%5@'&-.,&2%&5'*(,%'&'F(0%#+&.&!",(?%)*,('F+8&C',&#15& ;,(0.5%"'"*+&'&5(0%151-1%8
/.,@%,('&5('&(&;1*(,"%#+3&5'*(,%'&'F(0%#+&/%@,('F+&2%&,(;,.01#(&/.,@(-(&5(-(8&I#(')*+&/%@,'6%(&;1"(&
!"&5%2#',(&'(,1-&0%"&#'5(,'&1"0(&'5&0.,%*&)+&5%&)(&')#1-*(&?,'%1-3&2%&#(%&0%"&.0'%'&'#(('&'10&/%@,'6%%&
).".,(&#',(&,(;,.01#&'%0.5'&/.,@%,('&5('&;)%$%#+3&2%&*.*12%&#1&1"&#','#*(,&15'"&*,1;()#8&I)*7(-
U\Z >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&a&F&521'&#',*( ?271"%#+,%&5%"&?(,
U\[

K(&;.'*(&;,.01#(&.&0()#+,#',(&(-(#*,%#+&!"*,(&(-(#*,%#%*'*('&5(0%151-1%&2%&#('&'#151-'*+&!"*,:.& %"/(,)+&#(-(%&7+;*1%*+&0(&H,('*.,&:&!"#'-#&-(?('&G1%3&!5%&'*,'?&,+);1"0(,('&G(?%%&0%/%"(3&7'*'-(3&#',(&
5.@%-+&2%&!"&'#()*&#'F&)(&;,.01#(&!"&5.@%-+&1"&F?.5.*&.',(#',(3&7+,+&)+&)(&;,.01#+&5%2#',(8&P.*& ?-+)1%(2*(&,+);%#'*A&B&?(8&#(&)*,%#+&#(('&#(&R1&'7&#,('*/&'#(8'&0'&)1;(,%k9&C'3&2*%1&#+&;,%"&.;(,'&5('&
?,'6%(&(-(#*,%#%*+6%%&@%;.-',(3&)(&;.*&;,.01#(&/%@,'6%%&'*4*&0(&;1*(,"%#(&!"#4*&F%01,%-(&)(&#-'*%"+&#'&0(& ;,.01#&.&;(,*1,@',(&)'1&'"',$%F',(&!"&5'*(,%'&0%/%"+Q&#1&*.'*(&'#()*('3&!"&0.,%"6'&0(&'&5+&%")*,1%&2%&
1"&#1*,(51,3&;',#$(*1-&)(&."01-('F+3&7(,()*,(-(&)(&!"#$%0&2%&0()#$%0&0(&-'&)%"(&(*#8 !"&/%,*1*('&-%@(,1-1%&5(1&',@%*,13&#'1*&)+&.&0()#.5;1"&!"&;',*%#1-(-(&)'-(&;,%5',(3&)+&.&0()7'#&!"&
[.%&"1&/+&0'6%&)('5'&#(&;,(#'16%%&-1+5&;("*,1&(/%*',('&!5@.-"+/%,%%&;(,).'"(%&0(&#',(&"(&)(,/%5& (-(5("*(-(&%"%6%'-(&0%"&#',(&'&7.)*&#.5;1)+8
#'&5(0%153&!"&;,.01#(,('&'#()*.,&7(".5("(3&#+#%&)1"*(5&,();.")'@%-%&0(&!5@.-"+/%,('&(%&2%&/.5 J.%3&01$1,%-(&'=1")(&-'&?,'01-&0(&'&2*%&)+&7'#(5&')(5("('&(L;(,%("6(&!"'-*(&0(&7%F%#+&2%&#$%5%(&
)17(,%&#.")(#%"6(-(8 #(,(')#+3&'5&,(12%*&)+&'7-+5&#15&'&7+#1*&P'*+-&5'*(,%'&#.5;1)+&!"&G'@.,'*.,1-&K+18&C',&#1&'#(')*+&
a&5',(&0%7%#1-*'*(&!"*45;%"+5&2%&-'&!"#+,#',('&.@%(#*1-1%&;(&#',(&/,(5&)+:<&5%2#+5&0(&-'&1"&-.#& .#'F%(&'5&#.")*'*'*&1"&7';*&".1A&%5(0%'*&#(&5'*(,%'&#.5;1)+&'&7.)*&0()#.5;1)+3&)(&'01"+&2%&)(&
,(#.5;1"(&-'&-.#3&!"&5.0&'1*.5'*3&?,'6%(&-(?%%3&?,'6%(&5(5.,%(%&#(&.&',(&0(:'&,(/("%&-'&)*',('&0'*+&0(&
-'&'-*1-8&!"&'#()*&)#.;&;,.#(0+5&')*7(-8&S13&01$&5')#1-%"3&5+&'2(F&-'&1"&#';+*&'-&.@%(#*1-1%&0(& H,('*.,8
!"#+,#'*3&%',&1"&'-*&01$3&7(5%"%"3&)(&'2('F+&-'&#';+*1-&.;1)8&I;.%&"(&0()#+,#+5&0(&)1,;-1)1-&".)*,1&
(-(#*,%#8 & C%" & #.5@%"',(' & (-(#*,%#%*+6%-., & 0( & )(") & #."*,', & )( & "')#3 & !" & '#(- & .@%(#*3 & 71-?(,( & ;)%$%#(& H'&)+&)*10%(F&5'*(,%%-(&0%"&1"%/(,)1-&#,('*3&"1:5%&,+54"(&0(#4*&)+&5+&!"*,1;(F8&H15&5'*(,%'&
*,1;1-1%&()*(&/%(&2%&)(")%@%-+3&*.'*+&)(")%@%-%*'*('&(%&!5%&/'&7%&*,'")5%)+&2%&5%(3&01$1-1%8&H'&);%,%*3&/.%&
:%"/%F%@%-(&/.1+&:&#',(&'-1"?+&0%"&'#(-&.@%(#*&'F(0%#1-&)+1&"(1*,18&C1;+&'#(('3&"(&'2(F+5&5'%&51-*(& !",(?%)*,'&.,%#(&(L;(,%("6+&)17(,%*+&0(&*,1;1-&5(13&2%&/.%&!"/+6'&.&-(#6%(8&C'#+&!5%&,1;&1"&;%#%.,3&!5%&
01$1,%&0(&'#(-'2%&7(-&2%&!"#+,#+5&.@%(#*1-&#1&(-(#*,%#%*'*(&;.F%*%/+&.,%&"(?'*%/+3&01;+&#15&"(&()*(& ',0&.&54"+3&!5%&!5@.-"+/()#&1"&.,?'"&%"*(,"3&#1&'-*(&#1/%"*(&.,%#(&%&)(&/'&!"*45;-'&*,1;1-1%&5(13&
%"*("6%'8&[(,%7%#',('&)(&7'#(&')*7(-A&0'#+&)(&/'&'-%;%&0(&.@%(#*&1"&01$&0(&;.-',%*'*(&#."*,',+3&/'&)%56%&.& /.%&!"/+6'&.&-(#6%(&".1+3&!")#,%)+&!"&);%,%*8&C(&')(5("('&(L;(,%("6(&',(&"(/.%(&.,%#(&);%,%*3&0'#+&/,('&
5',(&;-+#(,(8&C1;+&#(&'5&!"#+,#'*&.&5')+3&1"&)#'1"3&1"&#."0(%&(*#83&!"#+,#+5&5(0%151-3&#',(&)(& )+&(/.-1(F(3&0',&*.'*(&#(,&01,(,(8&C(&-'&5'*(,%'&#('&5'%&0(")+&'&*,1;1-1%&5(1&/.%&*,(#(&-'&(L;(,%("6(&
)1;1"(&#."2*%("*3&)'1&!-&'-(?(5&2%&!-&!"#+,#+5&7+,+&#'&(-&)+&2*%(8&c(;(*A&5(0%151-&/'&7%&!"#+,#'*&#1& #1&5'*(,%'&#.,;1-1%&5(1&7-1%0%#&2%3&*,(;*'*3&P'&7-1%0(-(&#(-(&5'%&)%5;-(&0%"&"'*1,+8&I5&;-(#'*&0(&-'&
(-(#*,%#%*'*(&#."*,',+&"'*1,%%&)'-(Q&0'#+&()*(&7(5(%(&:&#1&(-(#*,%#%*'*(&;.F%*%/+3&0'#+&()*(&@+,@'*&:#1& #.5;1)&2%&'5&'=1")&-'&)%5;-18
(-(#*,%#%*'*( & "(?'*%/+8 & a@%(#*1- & !- & !"#+,#+5 & #1 & (-(#*,%#%*'*( & ;.F%*%/+ & )'1 & "(?'*%/+3 & !" & 71"#6%( & 0(& U'*(,%'&;,%5+3&)%5;-+3&0%"&G'@.,'*.,3&'&7.)*&2%&()*(&5(,(1&-1#,'*+&0(&P'*+-&".)*,1&H,('*.,3&#',(&
5(0%15&2%&0(&%"*("6%'&".')*,+&0(&'&!"0(;+,*'&)'1&';,.;%'&.@%(#*1-&0(&5(0%158 ',(&1"&#.,;&)%5;-1&2%&1"%#8&C%"&'#(')*+&5'*(,%(&1"%#+&"(:'&7+#1*&H,('*.,1-&2%&;(&".%3&0',&;(&#4"0&
!" & 7%"(3 & *.* & ;,%" & %"*(,5(0%1- & (-(#*,%#%*+6%% & ;1*(5 & 7'#( & -(/%*'6%% & 0( & .@%(#*( & 2% & #$%', & -(/%*',('& P'*+-&()*(&7.,5'*&0%"&*,(%&;',*%#1-(&)7(,%#(3&'-+*1,'*(&1"'&0(&'-*'3&;(&".%&"(:'&7+#1*&*.*&0%"&*,(%&)7(,(3&
5(0%151-1%8&!"&'#()*&#'F3&#,(+5&.&)7(,+&0%"&7-1%0&(-(#*,%#&0(&^&'"15%*+&;.-',%*'*(3&%',&.@%(#*1-&)'1& 0',&-(:'&-%;%*&1"'&0(&'-*'8&a&;',*%#1-+&0(&02%".+/&1"'&0(&7(72,%(&2%&'-*'&0(&%"*(8%-(".+9
5(0%151-&!-&!"#+,#+5&#1&(-(#*,%#%*'*(&0(&)(")&#."*,',8&K7(,'&)'1&?-.@1-&7%%"0&7%L'*&0(&".%&!"&);'6%1-& 9,%"&1,5',(3&)#4"*(%'&5('&()*(&.&%"*(-%?("6+&#,('*.',(3&.&/.%"6+&5.@%-%F'*.',(&2%&.&5(5.,%(&
#'5(,(%&2%&'/4"0&.&5',(&7.,6+&'*,'#*%/+3&,%0%#+&.@%(#*1-&)'1&5(0%151-&#+*,(&(-8&K(&#(,(&#'&'F(0%#1-& !",(?%)*,'*.',(8
0%"&#'5(,+&)+&7%(&-%"%2*%*3&5.*%/&;("*,1&#',(3&!"&*%5;1-&'#()*.,&(L;(,%("6(&')%)*("6%%&"1&*,(@1%(&)+&)(& 9("*,1&'&#,('&5'*(,%'3&0%/%"1-&H,('*.,&;1"(&!"&=.#&[.%"6'&K'&2%&#.5@%"+&!"&7(-&2%&7(-&0(&#$%;1,%&
5%2*(&0%"&-.#1,%-(&-.,3&;("*,1&#+&'(,1-&/'&5%2#'&'F(0%#1-3&!"?,(1"4"0&)'1&!5;%(0%#4"0&;,.01#(,(' ;',*%#1-(-(&-%@(,(&0%"&G'@.,'*.,3&;,(#15&2%&,(F1-*'*(-(&-.,8
'#()*.,&7(".5("(8 H'&)+&'=1"?&2%&(1&0%"&);%,%*&)%5;-1&1"&G1#,+*.,&0%/%"3&#'&2%&H(%&'7-'6%&!"&G'@.,'*.,3&*,(@1%(&)+&
G(/%*'6%'&7+#1*+&!"*,:1"&-.#&0()#$%)&2%&-'&5',%&0%)*'"6(&()*(&0%7(,%*+3&',(&1"&'-*&5(#'"%)53&7%%"0& 0(/%"&'%0.5'&C%/%"%*+6%%3&'0%#+&#1&#(-(&*,(%&;',*%#1-(&:&/.%"6+3&%"*(-%?("6+&2%&5(5.,%(&:&'-+*1,'*(8&
.;(,'&0%,(#*+&'&("*%*+6%-.,&);%,%*1'-(8&C',&0();,(&'#()*&7(".5("&/.%&/.,@%&'-*+&0'*+8 P'*+-&()*(&1"%#3&'0%#+&.&)%"?1,+&7%%"6+3&"1&*,(%&)7(,(&-%;%*(3&#%&*,(%&)7(,(&1"'&-4"?+&'-*'8&C%/%"%%&K+%&
G1#,+*.,%&)1"*&2%&(%&7.,5'6%&*.*&0%"&*,(%&)7(,(&'-+*1,'*(8&J%#%&5',(-(&".)*,1&N1/(,"'*.,&).-',&"1&()*(&
7.,5'*&0%"&*,(%&)7(,(&'-+*1,'*(3&#%&*.*&0%"&*,(%&)7(,(&!"*,:1"'3&'-%;%*(3&#'&2%&-'&5%"(8
G15(' & G'@.,'*.,1-1% & ()*( & 7.,5'*+ & 0%"*,:. & %"7%"%*'*( & 0( & G1#,+*.,% & 0%/%"%3 & #',(3 & )1@ & .,0%"(-(&
9+F%,('&-(?%-.,&'01#(&7(,%#%,(3&!"#+-#',('&-.,&:&"(7(,%#%,( P'*+-1%3&;,(?+*()#&0%"&5'*(,%'&;,%5+&5'*(,%%-(&#.5;1)(3&*,%5%)(&';.%&!"&)7(,(-(&#,('*(&;("*,1&'&7.,5'&
).,%3&#.5(*(&2%&;-'"(*(8
C,'?+&7,'*(3&/,(%&)+&2*%%&0'#+&()*(&'0(/+,'*+&;+,(,('&1".,&.#1-*%2*%&#',(&)1)6%"&#+&0%/%"1-&P'*+&"(:'& 9,%5'&5('&;',*%#1-+&()*( &%"*(8%-(".'/ &;,%"&#',(&,'6%."(F3&=10(#3&('&7%%"0&;,.01#+*.',(&0(&%0(%8&
#,('*&2%&'2(F'*&!"&,'%1-&K+13&1"0(&)+&(/.-1+5&2%&)+:G&'=1*+5&!"&#,('6%%-(&K'-(&/%%*.',(8&C',3&-'&.&/,(5(3& H4"0&%"*(-%?("6'&5('&"1&71"#6%."('F+3&"1&;,.01#&"%#%&.&%0((8&R0(%-(&)(&','*+&)1@&7.,5+&0(&-15%"%&)'1&
71-?(,(& (-(#*,%#( & (L*,(5&0(& 5%#%8 & K#4"*(%-(3& 71-?(,(-(& 7%%"0& %0(%3 & %"*(-%?("6' & 5(' & )(& 0()#',#+ & 0(&
1"%%&0%"&".%&#,(F4"01:"(&;1*(,"%#%&2%&'*.*2*%1*.,%3&'5&#+1*'*&)+&"(&0(F,.@%5&0(&)1@&')#1-*',(' &G1%8& (-(#*,%#%*'*('&;(&#',(&.&;.)(0+8&H1&'-*(&#1/%"*(3&%0(%-(&)1"*&7.%6(&(-(#*,%#(8&C',&)+&"1&#."71"0'6%&
I#()*&;+#'*&);%,%*1'-&"(:'&7+#1*&)+&#+0(5&!"&5'*(,%(&2%3&!"&-.#&0(&(/.-16%(&;1,&);%,%*1'-+3&'5&7.)*&).,*%6%& (-(#*,%#%*'*('&/.')*,+&#')"%#+&#1&(-(#*,%#%*'*('&%0(%-.,&(5%)(&0(&%"*(-%?("6'&1"1%&01$8
-'&.&(/.-16%(&;,%"&7.,5(&15'"(8 C%" & 5.5("*1- & !" & #',( & #1?(*3 & #4"0 & %"*(-%?("6' & 5(' & -1#,('F+3 & (5%* & %0(%3 & '0%#+ & ;,.%(#*(F & 0%"&
R6%&,+);1"0&#+&'#(')*+&;+,(,(&()*(&'@).-1*&7'-)+8&J1&(L%)*+&0.1+&7(-1,%&0(&(/.-16%%A&1"'&!"&K7(,'& )#4"*(%'&5('&71-?(,(&(-(#*,%#(8&C',&*.*&#1?(*4"03&(5%64"0&%0(%3&(1&',&*,(@1%&)+&5.,8&J1&)(&!"*45;-+&
0%/%"+&2%&'-*'&!"&)7(,'&#,('*+8&H,('*.,1-&"1&',(&0.1+&5+)1,%3&0.1+&5(*.0(Q&S-&#."01#(&*.*1-&01;+&1"& '#()*&7(".5("3&;("*,1&#+&!"&'#(('2%&5+)1,+&!"&#',(&(5%*3&'@).,@&;',*%#1-(:%0(%&0%"&);'6%18
)%"?1,&;-'"8&P'*+-&"1&7'#(&(L#(;6%%3&S-&()*(&1"%#&2%&-(?%-(&K'-(&)1"*&1"%#(8&J%#%&.&'@'*(,(&"1&()*(& R0(%-(&5(-(&"1&-(&;,.%(#*(F&-'&!"*45;-',(3&#%3&#4"0&=10(#3&0(&,(?1-+&-(&0'1&.&0%,(#6%(&#+*,(&1"&
;(,5%)+&0(&-'&-(?%-(&K'-(3&#',(&)1"*&7'*'-(8 );%,%*&;,%(*("8&S-&')#1-*4"03&;,%5(2*(&!"&)4"1-&)+1&;',*%#1-(-(&0(&%"*(-%?("6+3&71-?(,(-(&(-(#*,%#(&(5%)(&
C(2%&P'*+-&',(&0(;-%"+&-%@(,*'*(&0(&/.%"6+3&*.*12%&S-&"1&$.*+,+2*(&.&-(?(&!"&5.0&',@%*,',3&0%"& 0(&5%"(3&-(&!"6(-(?(&2%&';.%&!5%&,+);1"0(8&G'&,4"01-&)+13&B/.,@%"0E&2%&(-3&)(=0()#',#+&0(&7.,6(-(&)'-(&
/.%"6'&K'&)1/(,'"+3&#%&.&(L*,'?(&0%"*,:.&(L;(,%("6+8&H1&*.'*(&#+&(1&)1"*&#.;%-1-&K+13&#$%',&0'#+&)1"*& (-(#*,%#(3&#',(&/%"&);,(&5%"(3&%"*,+&!"&5%"(&2%&')*7(-&5+&!"#',#&0%"&".18&!"&'#()*&7(-&)(&5("6%"(&
1"&#'"0%0'*&-'&C%/%"%*'*(3&*.*12%&"1&;.*&)+&-1#,(F&')1;,'&5'*(,%(%&0%"&=1,1-&5(13&0%"&#',(&)+&*,'?&.& (#$%-%@,1-&#.,;1-1%&5(18
#."#-1F%(&)'1&-(?(3&;,(#15&.&7'#(&P'*+-&5(13&;("*,1&#+&5'*(,%'&0%"&)7(,'&#,('*+&()*(&.&5'*(,%(& SL%)*+&#'F1,%&#4"0&(5%*&.&)(,%(&0(&%0(%&0(&.,0%"&?("(,'-3&7+,+&.&0()*%"'6%(&;(,)."'-+8&!"&'#()*&#'F3&
#.5;1)+3&;(&#4"0&#('&0%"&G'@.,'*.,1-&K+1&0%/%"&()*(&-%@(,+&2%&)%5;-+8 %0(%-(&%()&0%"&#.,;1-&5(1&01$1'-3&%F@()#&7-1%01-&0%"&5(0%1-&!"&#',(&*,+%()#3&;,.01#&!"&(-&1"0(&2%&;,%"&
I2'0',3&!"&/%,*1*('&-%@(,1-1%&5(1&',@%*,13&"1&;.*&)+&7'#&(L;(,%("6(&0(#4*&#1&5'*(,%'&0(&'%#%3&0%"& '#()*(&1"0(&)(&,+);4"0()#8!"&'#()*&#'F&%0(%-(&)(&,+);4"0()#&)1@&7.,5+&0(&,'F(8&C',&);'6%1-&7%%"0&;-%"&
=1,1-&;+54"*1-1%3&2%&"1&;("*,1&'&)#.'*(&.&-(?(3&#%&"15'%&;("*,1&'&(L*,'?(&!"/+6+5%"*(8&P'*+-&#(,()#&'& 0(&')(5("('&;',*%#1-(:%0(%3&-(&'@).,@&2%:5%&,(7'#&#.,;1-&5(1&%"*(-%?("6+8
R"*(-%?("6'&#1".'2*(&-(?%-(&0%/%"(3&0(.',(#(&'#()*('&'1&7.)*&!")#,%)(3&!"&-%"%%&?("(,'-(3&!"&5'*(,%':
#,('*&5'*(,%%-(&0(&*.*&7(-1-&;.,"%"0&0(&-'&)%5;-1&-'&#.5;1)8&S13&0%"&#."*,+3&!"&)*10%%-(&5(-(&)1"*& 5(5.,%(&'&);%,%*1-1%8&J(7%%"0&,'6%."'-%F'*(&0(&%"*(-%?("6+&(-(&)(&"15()#&%")*%"#*1'-(8
"(/.%*&)+&;.,"()#&0(&-'&#.5;1)&-'&)%5;-13&)+&'"'-%F(F&5'*(,%'&)%"*(*%F'*+8 U'*(,%':5(5.,%(&()*(&1"&7-1%0&1"%/(,)%#&1"0(&)(&!"*%;+,()#&*.'*(&(L;(,%("6(-(&C%/%"%*+6%%8&S1&
U'%:5',%%&".2*,%&0(&'%#%&"(&);1"&#+&K7(,'&0%/%"+&()*(&;-%"+&"15'%&0(&;',*%#1-(&)%5;-(3&0(&5'*(,%(& 7%%"0&'-#+*1%*&0%"&%"*(8%-(".+&)'1&0%'.+&0%(/&0%"&02%".+&;,.01#+*.',(&0(&5%2#',(&2%&0%"&7(72,%(&6&*%;',&
'7-'*+&!"&;,%5'&(%&)*',(&2%&#+&'#.-.&"1&)(&7'#&0(#4*&0%/(,)(&#.5@%"'6%%&'-(&'#()*.,&;',*%#1-(&-%@(,(8 0%/%"&)'1&#',*(&/(2"%#+3&!5%&5("6%"&7.,5'&0'*+&0(&9+,%"*(-(&5(18
R5(0%'*&#(&P'*+-&'&#,('*&.&5'*(,%(&#.5;1)+3&.&*,%5%*(&!"&)7(,'&#,('*+8&9,%"&1,5',(3&.,%#(&7(-&0(& S1&71"#6%."(F&')*7(-A&%"*(-%?("6'&;,.;1"(3&';.%&5(5.,%'&0%);1"(3&01;+&#',(&%"*(,/%"(&/.%"6'3&
5'*(,%(&!"*4-"%*+&!"&1"%/(,)&()*(&5'*(,%(&#.5;1)+8&H$%',&7-1%01-&#(-&5'%&)%5;-1&(&.&').#%'6%(&0(& 7,'")7.,54"01:5%&%0(%-(&%"*(,%.',(&!"&7';*8&C(&(L(5;-13&%"*(-%?("6'&5('&);1"(A&N#%5(b&'&0.1'&;',*(&'&
;',*%#1-(&2%&"1&.&5'*(,%(&)%5;-+8 7%%"6(%&5(-(&:&5(5.,%'&:&);1"(A&d'*+8/&8(-('&:1%&"1&4(,7%*(&#,%7'b&R',&-'&1,5+&%"*(,/%"(&/.%"6'
C.,%"0&)+&#1".)#&#15&'&#,('*&P'*+-&'#(')*+&5'*(,%(&#.5;1)+3&7%(&('&#$%',&2%&7-1%01-&#(-&5'%&
)%5;-13&)1"*&)%-%*&)+:<&0()7'#3&)+:%&'"'-%F(F&(-(5("*(-(&#.5;."("*(8&C',&7+#4"0&'#(')*+&.;(,'6%(&:
U\\ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"&?(, G-.r

)'1&-%@(,1-&5(1&',@%*,1&#',(&$.*+,+2*(&)+&7'#&)'1&"1&'#(-&7';*8&C%"&',5."%F',('&)'1&"(',5."%F',('& I*4*& !"& -15('&".')*,+3&#4*&2%&!"&-15('& /.')*,+3& (L%)*+&01$1,%&#',(&)1"*&'0/(,)',%&$.*+,46%& '%&


'#()*.,&*,(%&7'#*.,%3&%"0(;("0("*&1"1-&0(&'-*1-3&)(&"'2*(&#."#-1F%'A&7(,%#%,(&)'1&"(7(,%#%,(8&!"*,:'0(/+,3& -(?+*1,%-.,&".')*,(&;(,5'"("*(&#1&#(%&0(&;(&;+54"*8&T"&')(5("('&01$&)(&/'&;,(F("*'&-'&1"&#(,#&
!"&#'F1-&#4"0&#."#-1F%'&/'&7%&#."7.,5+&#1&-(?('3&/'&1,5'&7(,%#%,('&5('&%"*(,%.',+3&%',&0'#+&/'&7%&!"& 7.,5'*&0%"&*.*&7(-1-&0(&;(,).'"(3&;,(?+*%*(&2%&"(;,(?+*%*(3&04"01:)(&0,(;*&C.5"1-&R)1)8&S-&"1&.&7'#(&
#."*,'0%#6%(&#1&-(?('3&/.%&)%56%&.&"(7(,%#%,(8 0%"&?,'"0.5'"%(3&#%&#1&1"&'"15%*&)#.;3&7%%"0&1"1-&0%"&'0/(,)',%%&,+);4"0%,%%&0.#*,%"(%&".')*,(&2%&'&
R")*%"#*%/3&5(5.,%'&2*%(&#+&1#%0(,('&:&)'1&'-*&#.5'"0'5("*&:&()*(&.;,%*+8&H$%',&!"&5(5.,%'&#(-1%& %0(%%&(L%)*("6(%&".')*,(&;,%"*,(&;+54"*("%8&S-&1,5+,(2*(&0%)#,(0%*',('&'#()*.,&;(,).'"(&!"&-15('&-.,&
5'%&!"';.%'*&)+-@'*%#&)(&'7-+&%")*%"#*1-&0(&'&"1&1#%0(3&2%&*.*12%&#'"%@'-1-&()*(&7.,6'*&0(&"(#()%*'*('&7%F%#+& 2%&!"&'#(-'2%&*%5;3&!"&5.0&%"0%,(#*3&0%)#,(0%*',('&!"*,(?%%&".')*,(&5%2#+,%8
: & 7.'5(' & : & )+ &1#%0+8& !"& %"*(,%.,1-& )+1& '04"# &',( &*('5' & %")*%"#*%/+ &0( &'& 1#%0( &2%& "15'% &7.'5('& P,(@1%(&)+&7%6%&7.',*(&#%,#15);(#6%3&7%(&2%&"15'%&!"&'&'7%,5'&(L%)*("6'&-15%%&".')*,(8&J.%&'/(5&
"(!"01;-(#'*+&!-&7'#(&)+&#'-#(&#(('&#(&#."2*%%"6'&-1%&%"*(,%.',+&!%&,(#.5'"0+&)+&"1&7'#+8 "(/.%(&"15'%&0(&%")1-(3&"1&0(&.#('"(&0(&#,(0%"#%.2%3&2%&!"&);(#%'-&"1&'/(5&"(/.%(&0(&.@)(0'6%&2%&
9+F%,('&-(?%-.,&0%/%"(&'01#(&01;+&)%"(&7(,%#%,(3&%',&!"#+-#',('&-.,3&"(7(,%#%,(3&;(0(';)+&*,'01)+& (L'-*'6%3&#+#%&'#(2*%'&)1"*& )*+;4"%6%&0(& 01$1,%-(&5'*(,%'-%)*(3&'0%#+&0(&01$1,%-(&#."*,',(3&#',(&'1&
;,%"& #+0(,(' &);,( & 5'*(,%' &5'% &0(")+8 &H1 & #4*& (L;(,%5("*+5& !"& #."*,'& -(?%-.,& 0%/%"(3 &#1& '*4*& "(& '0.;*'*&*(F'&5'*(,%'-%)*+&'&7%-.).7%-.,&".2*,%&#(,(2*%8
!"?,(1"+5&2%&#+0(5&5'%&'04"#3&);,(&#("*,1-&5'*(,%(%&#,('*(8 P,(@1%(&)+&)(&2*%(&#+&C%/%"%*'*('&'&7+#1*&!"&-15(&*.*1-&;(,(#$(3&0.1+&;,%"#%;%%&#."*,',(&1"'&'-*(%'8&
K;%,%*1-&5'%&(/.-1('F+&!"&'#()*&#'FD&C()%?1,&#+&(/.-1('F+3&0',&"15'%&;,%"&"(7(,%#%,(8 J15'%&;,%"&'#6%1"('&-.,&.;1)+&-15('&5'*(,%'-+&2%&);%,%*1'-+&!"/'6+&2%&5(,?&);,(&;,.?,()8&9,.?,()1-&
R0281.%'&"1&',(&"%#%&2&8(-+*1,+&#1&;(,%#%,('&)'1&"(;(,%#%,('9 #(,(&(L%)*("6'&'&0.1+&;+,(,%&:&;,%"#%;%%&:&#."*,',%%8&I)*7(-3&!"&)(#.-1-&*,(#1*&'1&#.@.,4*&;(&;+54"*&7.,6(&
#(,(2*% & #',( & '/('1 & ,.-1-3 & !" & );(#%'-3 & 0( & ' & 7% & ;,.;'?'*.,%% & #(-1% & 5'%:';,%? & 5'*(,%'-%)58 &I#15 & '1&
#.@.,4*&7.,6(&#1&5%)%1"('&0(&'&;,.;'?'&);%,%*1'-%)51-3&#'&.&#."*,';."0(,(&'&5'*(,%'-%)51-1%&0(&%(,%&
2%&0(&'F%8
P(5;-1-&2*%%"6(%&#(,(2*% U'()*,1-&#(,()#&F/&#1&*.'*+&#('*'&-1%&0(&5%-%',0(&0(&);%,%*(3&'&'0.;*'*&*(F'&s9&U'()*,1-&B/&(?'-&!"&
(/.-16%(&#1 &F/ &'&'0.;*'*&!5;,(1"+&#1&'0.,'*.,%%&)+%&*(F'&#."*,',%( &t9 &I#(2*%&0.%&(,10%6%&)1"*&;,%(*("%&
@1"%3&7.,6(&(?'-(&2%&0(&'#.,0&#1&;,%/%,(&-'&*.'*+&2*%%"6'&2%&-(?%-(&#(,(2*%3&0',&;("*,1&'&#."*,%@1%&-'&
<&,1;1-&.5("()#&()*(&')*7(-&#,('*3&#'&);%,%*1-&#171"0'*&!"&(-&)+&)(&#,('0+&'&7%&1"'&#1&*,1;1-8&C(&#(& (/.-16%'&01$1,%-.,&0(&)1@&(%3&'1&;,%5%*&5%)%1"('3&0(&-'&5'%:5',%%&-.,3&)+&'0.;*(&0.1+&*(F(&0%7(,%*(8&
'#()*&-1#,1D&C(.',(#(&C%/%"%*'*('3&!"&5',('&S%&!"6(-(;#%1"(3&'&0.,%*&#'&;(&9+54"*&)*10%%-(&)+&)(&7'#+& T"1-&:&.&*(F+&5'*(,%'-%)*+3&%',&#(-+-'-*&:&*(F'&);%,%*1'-%)*+3&7%(#',(&;1*4"0&-1'&.,%#4"0&-.#1-&#(-1%-'-*3&
;( & 0.1+& #+%A &<8& ;,%"& )%561,%-(& ;)%$%#( &: & #';'@%-(& )+ & ';,(#%(F(& 5'*(,%'& ;)%$%#+Q& V8&;,%"& )%561,%-(& 0(.',(#(&#1".'2*(&-'&;(,7(#6%(&2%&*(F'&#."*,',+8&H'&01$3&g(?(-&2*%'&@%"(&'0(/+,1-3&0',&)(&.@-%?')(&#'&
*,1;(2*%&:&!"&)*',(&)+&(L'5%"(F(&5'*(,%'&7%F%#+&2%&7(".5("(-(&0%"&)4"1-&(%8 '*1"#%&#4"0&/'&7%&.5&*,1;()#3&)+&7%(&1"&!"/(,21"'*&'0/(,)',&'-&#(-.,&#(&/.,&)1)6%"(&#+&(L%)*+&)17-(*3&#+&
P,+%"0 & 0.', &. &/%'6+ & );%,%*1'-+ & 01$1- &"1 &', & '/(' & ;.)%@%-%*'*(' & )+ &(L'5%"(F( &5'*(,%' & 7%F%#+ & '& (L%)*+&01$1,%&2%&/%'6+&/(2"%#+3&)(&.@-%?')(&)+&)1)6%"+&*(F'&5'*(,%'-%)*+8&I#15&/("%5&".%&)+&0.5%"+5&
;+54"*1-1%8&9,%"&1,5',(3&01$1-&*,(@1%(&)+&7%(&.&0'*+&-%@(,3&%',&'-*+Z0'*+&:&#.@.,4*&!"&)4"1-&5'*(,%(%& #1&(L;(,%("6(-(&2%&%0(%-(&".')*,(&*(F'&);%,%*1'-%)*+8&I2'0',3&*.*0('1"'&*,(@1%(&)+&(L%)*(&;(&;+54"*&7.#&
*(,()*,(8 2%&?$('6+3&;("*,1&'&)(&5("6%"(&-1;*'&#(&01#(&-'&;,.?,()8
C'#+&1"&.5&',&;1,*'&0(&5%#3&*.'*+&/%'6'&)'3&.#$(-',%&,.2%%3&(-&"1&',&#1".'2*(&');(#*1-&"'*1,%%& !"&'-*(&/,(51,%&'&7.)*&"(#()',&#'&)'/'"6%%&".2*,%&#(,(2*%&)+&)+-+2-1%')#+&;,%"*,(&;,(.6%%&,(-%?%%-.,8&I#15&
/+F1*&#1&.#$%%&-%@(,%8&S-&',&/(0('&-15('3&0',&)1@&1"&'-*&#.-.,%*8&P.*&'2'&01$1-&-%@(,&/(0(&2%&(-&-15('& 2*%%"6'&;+54"*1-1%&#(,(&#'&)'/'"6%%&H(,1-1%&)+&)(&"')#+&!"&-15('&#1-*+3&;,%"*,(&-'%#%%&;+54"*1-1%8 &H1&
5'*(,%'-+&'&;+54"*1-1%3&0',& "1&#1&.#$%&*,1;(2*%3&#%&#1&/(0(,('&;)%$%#+3&#1&.&.',(#',(&'-*(,',(& '& '#(')*+&.#'F%(3&7'#&#1".)#1*&#+&!"*,:1"&/('#&)(& !"*,1;('F+& 5'%&51-*(&);%,%*(&#',(& '1& '0.;*'*&;(&
,('-%*+6%%&7%F%#(&/+F1*+&0(&/.%8&R'*+&0(&#(&'#(-'2%&01$&*,(@1%(&)+&*,+%')#+&2%&!"&7.,5(&;+54"*(2*%3&;("*,1& ;+54"*&%0(('&0(&-1;*+&'&5'*(,%'-%)51-1%8&!"*,:1"&'-*&/('#3&)(&!"*,1;('F+&5'%&51-*&01$1,%&#',(&'1&
'&#.5;','&#1".2*%"6(-(&("*%*+6%-.,&);%,%*1'-(&#1&#(-(&'-(&.'5("%-.,&*,1;(2*%8&9,%"&1,5',(3&(L%)*+&0.1+& 5%)%1"('&)+&-1;*(&;("*,1&%0(('&);%,%*1'-%)*+8&9,%"&1,5',(3&#4"0&1"%%3&#4"0&'-6%%&/.,&0.5%"'&#1&%0(%-(&
7.,5(&0(&/%'6+A&<8&0(&01$&-%@(,&!"&);'6%1-&#(,()#Q&V8&0(&01$&!"*,1;'*&-'&/%'6'&;-'"(*',+8 -.,&.5("%,('&*(,()*,+8
C(2%&".%&;-1*%5&!"&=1,1-&/.)*,1&#1&5%-%',0(-(3&-15('&*,1;(')#+&"1&',(&#1".2*%"6+&0(&".%8&C(&#(D& J.%&-1#,+5&;(&*.*&;+54"*1-&;("*,1&7.,5',('&d(748181%&3*%%".%;%#&'8&F5(0+,181%&,(0(8'*&6&d(74818 &
9("*,1&#+&'2'&'&/.%*&H,('*.,1-&".)*,13&#'&7%%"0&(*(,%#%&)+&,+54"(5&%"/%F%@%-%&.51-1%&*,1;()#8&C',&#1& J',(81%&F5(0+,9&R0('-1-&".)*,1&()*(&#'&!"&7%(#',(&6',+3&!"&7%(#',(&5',(&.,'2&)+&'/(5&1"&*(5;-1&1"0(&
*.'*(&'#()*('3&*.*&H,('*.,1-&'&/.%*&#'&1"&"15+,&7.',*(&5%#&0(&.'5("%&)+&2*%(&0(&".%3&0(&(L%)*("6'& 2+&)(&7'#+&2*%%"6+&2%&(L;(,%("6+3&'0%#+&)*10%%&2%&#(,#(*+,%&!"&0.5("%1-&;',';)%$.-.?%#3&#1&';-%#',('&-.,8&
".')*,+8&!"&'#()*&)#.;3&"(:'&;(,5%)&)+&0./(0%5&'#()*(%&5%".,%*+6%&(L%)*("6'&".')*,+8&C(&'%#%&)(-(#6%."',('& !"&'#()*&*(5;-1&)+&(L%)*(&.&)'-+&0(&#."7(,%"6(&;1@-%#(&2%&.&5',(&@%@-%.*(#+&;1@-%#+3&0(&1"0(&-15('&)+&
2%&'01"',('&'"15%*.,&;(,).'"(&:&;("*,1&'&7.,5'&1"&#(,#&;)%$%#8&!")+&'#()*(&#(,#1,%&)1"*&2%&(-(&?,'0'*(8& ;,%5(')#+&%0(%-(&#(,(2*%3&)*10%1-&/%(6%%3&'-&"'*1,%%&2%&01$1,%-.,&0%"&*.*&1"%/(,)1-8
H(('&#(&)(&;.'*(&0'&2%&;,.@'&#(,#1-1%&B/&"1&)(&;.'*(&);1"(&#(,#1-1%&F/&2%&'2'&5'%&0(;',*(8 C.,%5&#'&.51-&-15%"'*&;,%"&2*%%"6'&#(,(')#+&)+&"1&5'%EZ71?+&0(&#')'&C.5"1-1%&2%&)+&"1&5'%&
C(')1;,'&*1*1,.,&'#()*.,&#(,#1,%3&".%&7.,5+5&1"&?,1;&0(&.'5("%3&#.")*%*1%*&0%"&);%,%*(&!"*,1;'*(& #,('0+&#+&)(&;.'*(&-%;)%&0(&,1?+#%1"(&2%&'=1*.,1-&#(-.,&0%"&H(,1,%8&!"&7%"(3&/,(5&#'&#(-(&)#,%)(&!"&
0%" & F."(-( & )1;(,%.',( & '-( & 9+54"*1-1%3 & ;("*,1 & ' & 7'#( & #1 & (% & !"'-*( & )*10%% & #(,(2*%8 & C', & ;("*,1 & '& -(& #+,6%-(&)7%"*(&)'&"1&5'%&7%(&0.',&#,(F1*(3&#%&2%&;,.@'*(8
0()*+%"1%&*'%"(-(&0%/%"1-1%&P'*+3&-(&#(,(5&=1,+54"*1-&:&#'&;(&*%5;1-&/(#$%-.,&(?%;*("%&)'1&%"0%("%&:#+&
"1&/.,&0%/1-?'&#(-(&#.51"%#'*(&0(&".%8&a&0'*+&#.")*%*1%*&'#()*&5%#&#(,#&0(&,(/(-'6%(3&!%&/.5&0'&0%"&
#.5.,%-(&#(,(2*%3&#(&/.,&#1;,%"0(&;,.@-(5(&5.,'-(3&).#%'-(3&;.-%*%#(3&,(-%?%.')(&2%&2*%%"6%7%#(8&I"*%#%%&
#(,('1&;(0(';)'&#1&5.',*('&;("*,1&#(%&#',(&0%/1-?'1&')(5("('&)(#,(*(3&;("*,1&#+&!2%&0+0('1&)('5'& S)*(&;.)%@%-+&(/.-16%'&("*%*+6%%&);%,%*1'-(&!"&H(,3&7+,+&)+&)(&!"*,1;(F(D
0(&?,'/%*'*('&'#()*(%&7';*(8
[,(5&#'&#(%&'7-'6%&!"&#(,#1,%-(&".')*,(&0(&,(/(-'6%(3&);%,%*(&)1;(,%.',(&!"*,1;'*(3&)+&"1&)*('&!"&
!"*1"(,%#1-&*,1;1-1%3&#%&)+&7%(&;,.;'?'*.,%%&#,(0%"6(%&2%&2*%%"6(%&#(,(2*%3&;,(#15&2%&'&-(?%-.,&5.,'-(8&!"& C,'?+&7,'*(3&!5%&;1%&'#(')*+&!"*,(@',(&0(.',(#(&(2*%&!"&%"*(,%.,1-&*,1;1-1%&*+13&#',(&*(&!"#."=.',+&
0%7(,%*(&-.#1,%&)1"*&"(#()',(&#4*(/'&7',1,%&#',(&)+&-15%"(F(&I0(/+,1-&!"&@(F"'&/%(6%%&*,1;(2*%8&I#(2*%& #1&"(2*%%"6'&-1%8&C1;+&5.',*('&@%.-.?%#+&)'1&!"&*%5;1-&).5"1-1%3&#4"0&0(/%%&01$&-%@(,3&*1&2*%%&#+&"1&
.'5("%& )1"*&#$(5'6%& )+&'01#+&'"15%*(&#.,(#*+,%&2*%%"6(%&.7%#%'-(3& ?,(2%*+&!"&#('&5'%&5',(&;',*(3& ()*(&;.)%@%-+&0.',&(L%)*("6'&#(,(')#+3&;("*,1&#+&(/.-16%'&#(,(&#'&.,%#(&01$&)+&7'#+&2%&)*10%%&;-'"(*',(8&
0(.',(#(&.51-&'&/+F1*&2%&=10(#'*&"15'%&;,%"&5("*'-1-&)+1&#."#,(*3&7+,+&)+&'%@+&!"&/(0(,(&7'#*.,1-& a,&'#()*(&)*10%%&).-%#%*+&"(';+,'*&!"*,1;+,%&,(;(*'*(8&H1&'-*+&.#'F%(&'5&'7%,5'*&#+&C%/%"%*'*('&"1&',(&
"15%*&(*(,3&#',(&=.'#+&1"&,.-&#./4,2%*.,&!"&*.'*(&7(".5("(-(&;,.01)(&!"&=1,1-&/.)*,18 0.1+&5+)1,%3&S'&#."01#(&-15%-(&#,('*(&01;+&1"&)%"?1,&;-'"8&C(&#(&',&7'#(&(L#(;6%%&#1&'"15%*(&
I#()*1%&#(,#&0(&%"%6%(,(&!%&#(,(5&.&'"15%*+&#."01%*+&!"&-15(&2%&.&,%?1,.F%*'*(3&.@%(#*%/%*'*(&2%& 01$1,%3&#'&(-(&)+&"1&7'#+&2#.'-'&/%(6%%&0(&.5&*,1;()#D&H,('*.,1-&'&)*'@%-%*&-(?%&2%&(-(&)(&';-%#+&*1*1,.,8
(L'#*%*'*(&!"&#(,#(*',(8&K+&')#1-*(&#(-(&#.51"%#'*(&0(&".%3&0',3&)+&-(&/(,%7%#(3&;(&#4*&-(&()*(&;.)%@%-8& J%&):'&0'*&.,0%"&2%&.&#('*+&0(&7,'6%&#(,(2*%3&0%"&;-'"1-&0%/%"&'-&9+54"*1-1%3&*(&!"#."=1,+5&2%&;,%"&
c(#.5'"0+5&#1&)*+,1%"6+&)+&"1&)(&("*1F%')5(F(3&)+&"1&'0.;*(&#1&121,%"6+&#1".2*%"6(-(&;,%5%*(&0(&-'& *%"(&/,(5&)+&-15%"+5&2%&;(&'-6%%8&9,%"&1,5',(3&"1&;1*(5&)+:6%&);1"(5&0(#4*&'0(/+,1-8&R',&,+);1")1-&-'&
".%&2%&)+&-(&,(#(;6%."(F(&#'&7%%"0&#(-&5'%&5',(&0',&'#.,0'*&1"1%&51,%*.,8&I#(')*'&()*(&'*%*10%"('&1"1%& !"*,(@',(' & ;1)+ & ()*(A &!" & 4,%7(8( & *%741,% & '8( & ')#(")%1"%% & 82, & %";%"%*(/ & *2'*( & 51$1,%8( & *,(A1%( & )+ &
'0(/+,'*&)'/'"*8&H(,(5&#'&(%&)+&!"/(6(&;,%"&#.5;','6%(&2%&)+&'2*(;*(&#'&*%5;1-&)+&#."7%,5(&%0(%-(& !7A,'#(&7%%&3%&)1*(&5(&7%%&5(&'"%&$'%"'&*,14(')#+&'&'#()*(%&48'"(*(/&4,(#17&3%&'&*1*1,2,&-,'5(82,&5( &
".')*,(8&C(&')(5("('&#(,(5&#'&1"&')*7(-&0(&#(,#&)+&7%(&7.,5'*&0%"&;(,).'"(&;16%"(3&#1-*(&2%&5'%& 48'"(*(&,%)%4%*(6&!"&)4'.%18&%";%"%*&'8&1"%0(,)181%9
;,()1)&0(&*.'*(&5.,'-(3&.'5("%&,(6%"16%3&%',&"1&;'-'/,'?%%3&;("*,1&#+&5',%-(&G15%"%&#(,(2*%&"1&;.*&)*'& :&C',&.',(&*.6%&);%,%*%2*%%&0%"&-15(3&*.6%&.#1-*%2*%%3&5')."%%3&*(.).7%%3&#'@'-%2*%%&(*#8&;,%5()#&!"&
0(&/.,@+&#1&;(,).'"(&"()(,%.')(3&"()*10%.')(8 2(0%"6(-(&-.,3&0(&-'&7%%"6(-(&%"/%F%@%-(3&"15'%&'0(/+,1-D
UT_ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"&
UTU
?(,

:!6%&,+);1"0&#'*(?.,%#&#+&"18 C1$1-&'&7.)*&#,('*&)+&"1&#,('0+&*.*&#(&%&)(&);1"(&2%&';.%&(-&()*(&0.,%*.,&)+&(L;(,%5("*(F(&2%&)+&/'0+&#(&
:H15&)(&;.'*(D )(&/'&!"*45;-'&0'#+&1#%0(3&#+#%&"15'%&(L;(,%("6'&*(&!"/'6+3&"15'%&'2'&(/.-1(F%8&C(2%&!"&;,'/%-'&
:SL%)*+&);%,%*(&7.,6'*(&)+&);1"+&5%"#%1"%8 ;("'-+&'&6+,%%&)(&);1"(A&BH(-&#(&1#%0(&5(,?(&-'&.#"+E3&!"&;,%5(-(&*%5;1,%&'-(&(L%)*("6(%&)'-(3&"(4/4"0&
:C',&#%"(&-(&7.,6('F+D #."2*%%"6'&;(&0(;-%"&-15%"'*+3&01$1-&15'"&1#%0(8&P13&(1&2%&51-6%&'5&*,(#1*&;,%"&'#()*(&?,(2(-%3&;(&'-*(&
:S/.-16%'&2%&5("*'-%*'*('&')#1-*+*.,%-.,8 ;-'"(*(3&!"&1,5+&#1&51-*(&)1*(&0(&5%%&0(&'"%8&I#15&*(&!"?,.F(2*%&-'&%0(('&1#%0(,%%&2%&'&/%(6%%&0(&.#"'28&
K+&;,()1;1"(5&#+&'/(5&!"'%"*('&".')*,+&1"&@%?.*3&)'1&#$%',&)-1=%*.,1-&1"1%&#1-*&.',(#',(8&J%#%& 9(&.51-&%"7(,%.,&"1:<&);(,%(&5(0%1-&.#"(%&2%&(-&!"#'-#+&-(?('&*(,()*,+3&0',&5'%&;,()1)&0(&('3&!"#'-#+&
1"&);%,%*&"1&/'&!"0,+F"%&)+:%&*1-@1,(&%0(%-(&0(&@'F+&2%&0(#%&!%&/'&/.,@%&!"&#."7.,5%*'*(&#1&#,(0%"6'&)'& -(?('&#(,(')#+3&2%&1#%0(&;("*,1&#+&'2'&!%&0%#*('F+&"(2*%%"6'8&['&1#%0(&!"*,:.&/%'6+3&2%&/'&)17(,%Q&/'&1#%0(&
,(-%?%.')+8&9,(.*1-&#,(2*%"&/'&7%&#."/%")&#+&"1&(L%)*+&.&,(-%?%(&)1;(,%.',+&,(-%?%(%&)'-(3&,'@%"1-&#,(0(& %',+2%3&!"&'-*+&/%'6+3&2%&%',&/'&)17(,%8&I*4*'&/'&)17(,%&0%"&/%'6+&!"&/%'6+3&!"#4*&.0'*+&%&)(&/'&!"*%;+,%&!"&
#+&,(-%?%'&-1%&()*(&#('&5'%&2*%%"6%7%#+&2%&'2'&5'%&0(;',*(8&H15&)+&-(&);1"(5&'#()*.,'&'0(/+,1-&;1,3&2%& );%,%*&,';.,*1-&0%"*,(&1#%0(,(&2%&)17(,%"6+3&0%"*,(&!"#+-#',('&-(?%%&2%&;(0(';)+8&H4"0&#%*%6%&-(?('&0%/%"+A&
'"15(&#+&C%/%"%*'*(':H$,%)*&2%&C%/%"%*'*(':R'$/(<&()*(&1"'&2%&'#(('2%&S"*%*'*(&0%/%"+8&a51-&"1&;.'*(& K'&"1&1#%M%/&)1"*&)%?1,&#+&-'&#(%&5'%&51-6%&-(&71?(&?4"01-&-'&7';*1-&)+&"1&1#%0+&1"&.58&P.*12%3&-(?('&
#."#(;(&#+&;(&5+)1,+&#(&.5("%,('&)(&!"'-6+&!"&!"6(-(?(,(&';',(&2%&"(#()%*'*('&#,(+,%%&;(&;+54"*&'& H(,1,%-.,&?-+)1%(2*(A&S1&'%&02%(&)+&1#%M%&"%#%&2&0%(*'*(9&G'&#',(&/(6%&);1"(&5'%&*.6%A&BI1F%3&7,'*(D&"%#%&
1"(%&".%&,(-%?%%8&H15&)+&);1%&@10$%)*1-1%3&5.F'%#1-1%3&#,(2*%"1-1%&(*#8&#+&,(-%?%'&/%%*.,1-1%&/'&7%&.& .&/%(*'*(8&H15&)(&;.'*(D&K+&"1&'5&(1&/.%(&)+&5+"4"#&1"&%(;1,(3&1"&;1%&7,%;*3&1"&'"*,%#.*&)'1&1"&
,(-%?%( & ?("(,'-+ & ;( & *.* & ;+54"*1-D & [' & (L%)*' & . & ,(-%?%( & 1"%/(,)'-+3 & ,(-%?%' & *1*1,., & 5%-%',0(-., & 0(& 512#$% & 7,'?(0D & H(3 & '#()*( & '"%5'-( & )1"* & 7,'6% & 0(:'% & 5(%D & K1"* &.'5("%D & a,% & ;.)(0+3 & #15 & );1"&
;-'"(*(3&,(-%?%'&'0(/+,1,%-.,&2*%%"6%7%#(&#(,(2*%8 @,'$5'"%%3&/,(1"&);%,%*&0(&.5&#."0'5"'*&)+&)(&7'#+&@.13&.'%(3&?+%"+&(*#3&;("*,1&/,(.&?,(2('-+&0(:'&
!")12%&C%/%"1-&".)*,1&N1/(,"'*.,&).-',&'&);1):.&!"&1-*%5'&K'&!"*,1;',(A&B &h2%&*,%7%*(&>1$18 & -.,DE
F5(0+,181%/&#',(&)+&0+&)41"+&3%&)+&0+&817%"(M(k9&R"&@'F'&'#()*(%&;,.5%)%1"%3&".%3&01$1,%-(&)1;(,%.',(& J13&,+);1"0&(18&a&')(5("('&5(*(5;)%$.F+3&.&')(5("('&,(*,.?,'0',(&'&);%,%*1-1%&15'"&"1&',(&
'-(&9+54"*1-1%3&'5&;,%5%*&.,0%"&)+&0%71F+5&'0(/+,1,%-(&,(7(,%*.',(&-'&.;(,'&H,('*.,1-1%8 -.#&"%#%.0'*+8&C',&)+&2*%6%&#+&"%#%&)7%"6%%&/.2*,%&@,'$5'"%&"1&)1"*&5%"#%".2%&)'1&"(2*%1*.,%3&#%&(%&'1&
SL'5%"4"0 &'0(/+,1,%-(& );1)( & -' &7(-&;(&*.*&;+54"*1-3 &2%&#.5;',4"01:-(& #1 &#+,6%-(&0%7(,%*(-.,& '-*(,'*&/.%*&I0(/+,1-3&#'&)+&!"?,.F(')#+&;(&.51-&)%5;-13&"((/.-1'*3&)+:<&);(,%(3&#'&"1&#15/'&)+:2%&
/.')*,(&,(-%?%%3&/(6%&#.")*'*'&.&"(;.*,%/%,(&2%&'*1"#%&)(&/'&"'2*(&!"&5%"*('&/.')*,+3&!"*,(@',('A&BC(&#(& 5+"4"#(&7,'*(-(&0(#(0'*&2%&,(!"*,1;'*&!"&0,+?+-'21-&2%&@-4"01-&5%(-12(-&0(&;(&-4"?+&#')'&-1%8&S-&"1&'&
'#(')*+ & "(;.*,%/%,(D & H153 & /(#$%% & 5(0%15%:)#,%%*.,% & '1 & ;,%5%* & 0( & -' & #.51"%#'"6%% & -., & #(,(2*%& 5%"6%*3&#%&"15'%&<:'&);(,%'*3&0(.',(#(&#1".2*('&#(&);1"(&;,'/%-'&#(,(')#+A&S1&0(%&1#%5(/&42,1"#(3*(&
%"7.,5'6%%&"(#."7.,5(&#1&I0(/+,1-DE >27"18&>17"(M(1/&?,('*2,18&*+19&R',&,'@%"1-3&'-*(,4"0&-(?('&0%/%"+3&'0'1?+A&BH+#%&0(&"13&!"&54"%'&
S%&"1&'1&7.)*&%"012%&!"&(,.',(3&#%&#.51"%#+,%-(&0'*(&(,'1&#."7.,5&(/.-16%(%&-.,&0(&'*1"#%3&2%&5'%& K'3&C.5"1-&H(,1,%-.,&*(&/'&;(0(;)%E8&S-&"1&5%"*(3&#%&(L'?(,('F+3&'-*(,('F+&I0(/+,1-3&"15'%&#'&)+:<&
'-()&):'&'/1*&!"&/(0(,(&-15('&#+,(%'&(,'1&0()*%"'*(&'#(-(&#.51"%#+,%8&P.*0('1"'&;,.7().,1-&;,(0+& );(,%(&;(&%10(13&2%&')*7(-&)+:<&)'-/(F(&0(&-'&1,5+,%-(&1#%0(,%%3&0(&-'&;(0(';)'&#(,(')#+8
#1".2*%"6(&#."7.,5&?,'01-1%&0(&!"6(-(?(,(&'-&(-(/%-.,&)+%8 I0(/+,1-&'0(/+,'*&'-&'#()*1%&#.5'"0'5("*&()*(A &S1&1#%5(&"%#%&2&0%(*'*(9 &a51-&/'&7%&;(0(;)%*&
9,%"&1,5',(3&01$1,%-(&;,(0'1&'0(/+,1-&"15'%&!"&5+)1,'&(/.-16%(%&'10%*.,1-1%&-.,8&R'*+&!"6(-()1-& #4"0&/'&1#%0(&.&/%(*'*(&0%"&;-+#(,(&)'1e;("*,1&':%&#.")15'&#',"('8&!")+&.51-&;.'*(&1#%0(&-1;1-3&
%0(%-.,&5'%&!"'-*(&'-(&#.51"%#+,%-.,&0(&'F%3&7'6+&0(&#(-(&)#,%)(&2%&/.,@%*(&!"&*%5;1,%&!"0(;+,*'*(8&!"& ;("*,1&';+,',('&)'&2%&'&'"%5'-(-.,&)'-(8&!"&'#()*&#'F&"1&()*(&1#%0(,(3&(-&"1&!"#'-#+&-(?('8&C',&0'#+&)(&
;-1)3&)+&"1&)(&1%*(&#+3&'5&'7%,5'*&#1&*.6%%3&5%"&5%;(,%*(&%"*(,()(/&'#()*(&0(#$%&)#,%4*1,%&'1&;2)*&'8*(,'*(9 /'&';1#'3&)+&5+"4"#(&0%"&#',"('&;'"*(,(%&)'1&'&-(1-1%&#',(&<:'&'*'#'*3&)%*1'6%'&)(&)#$%5@+A&!"#'-#+&
R"*(,()1-&5'*(,%'-&2%&I0(/+,1-&"1&;.*&)*'&-'&1"&-.#8&c(-%?%'&/%%*.,1-1%&/'&7%&.&,(8%-%(&3*%%".%;%#+/& -(?('&2%&/'&7%&;(0(;)%*8
-%;)%*+ & 0( & ;,(.#1;+,% & 0( & .,0%" & 5'*(,%'-8 &I0(/+,1,%-( & 0%" & ;-'"1,%-( & 0%/%"( & "1 & )( & ;.* & !5;+#' & #1& :C',&#153&7,'*(D&(1&":'5&/+F1*&1#%?+*.,%&0(&'"%5'-(3&/4"+*.,%&)'1&5+#(-',%&;(0(;)%6%8
5'*(,%'-%)51-&;-'"1-1%&0(&=.)8&H4"0&):'1&!"*,1;'*&;(&?-.@1-&".)*,1&;+54"*()#3&#."01#+*.,%%&0%/%"%&"1& :C'3&(&=1)*3&":'%&/+F1*&!"&-15('&*'&*,1;(')#+3&0',&#4"0&/(%&/("%&-'&".%3&!%&/(%&/(0('&;(&*.6%&#(%&#(&
):'1&%"*(,()'*&0(&@1"1,%-(&;+54"*1-1%8 '1&1#%)&'"%5'-(&#+&!2%&%'1&;(0(';)'8
I5&7+#1*&.&5',(&0%?,()%1"(&2%&'#15&,(/%"&-'&)1@%(#*1-&%"%6%'-8 :J15'%&#(%&#(&1#%0&;,%5()#&;(0(';)'D
C1;+&#15&"1&;.6%&)(5+"'&'"15%*(&)(5%"6(&!"&.,%#(&;+54"*3&*.*&'2'&"1&;.6%&)(5+"'&'"15%*(&%0(%& :J13&#%&#$%',&2%&#(%&#(&":'1&1#%)&:&0',&'1&54"#'*&0%"&#',"('&1"1%&'"%5'-&1#%)&:&7'#&1"&;+#'*&2%&
0(#%&/.,&'/('&;',*('&-.,&0(&;(0(';)+8
!"&.,%#(&.58&P,(@1%(&)+:%&0'%&.51-1%&"15'%&'0(/+,1,%-(&;.*,%/%*(&#1&?,'01-&(/.-1*%/&'-&);%,%*1-1%&)+18 9(0(';)' & ).)(2*( & 1"(.,% & #$%', & !" & /%'6' & /.')*,+ & *,1;(')#+8 & T,5+,%6% & ;','-(- & 0.% & .'5("%A & 1"1-&
T"1%&01$&!"*,1;'*&%:'&/("%*&!"&5%"*(&!"*,(@',('&;1)+&0(&*%"(A&BSL%)*+&);%,%*(&#',(&'1&(/.-1'*&!"& /(?(*',%'"&:&0%"&/.%"6+&)'1&"(/.%(3&%',&'-*1-&)(&!5@1%@+&"15'%&#1&#+,"1,%8&[(6%&/(0('&#-',&#+&1"1-&()*(&
H(,3&7+,+&)+&)(&!"*,1;(F(DE&C1$1-&#.51"%#'"*3&#."7.,5&,(?1-%%&)*'@%-%*(&-'&".%3&%:'&0'*&1"&,+);1")&#(& ;-%"&0(&)+"+*'*(&2%&'=1"?(&;4"+&-'&'04"#%&@+*,4"(6%3&%',&#(-&#',"%/.,&()*(&5(,(1&-./%*&0(&@.-%&2%&/%'6'&
"1&#.,();1"0('&I0(/+,1-1%8&BH15&)(&;.'*(&:&/(%&);1"(&%',+2%&:&);%,%*(-(&5%"*DE&S1&!6%&,+);1"0 &#+& -1%&()*(&#$%"1%*+8&H$%',&5(0%#%%&;+54"*1-1%&'1&.@)(,/'*&'#()*&-1#,13&2%&0(&51-*(&.,%3&5'%&'-()&!"&#'F&
1"(.,%3&"(;1*4"03&"(7%%"01:-(&;(,5%)&)+&);1"+&I0(/+,1-3&0(.',(#(&":.&;(,5%*(&(/.-16%'&#(-1%&#',(& 0( & @.'-+3 & ,(#.5'"0+ & 1" & ,(?%5& /(?(*',%'"8 & U%#,.@%% & 2%& @.-%-( & )( & 6%" & ;( & -4"?+ & #(% & #1 & '-%5("*'6%'&
!"*,('@+3&);%,%*(-(&);1"&1"&"('0(/+,8&I;.%&)+&"1&)(&1%*(&#+&-'&?,'0(&5%#%&0(&);%,%*(&!"*,1;'*(3&/%"& #',"'-+8&J1&(&;(0(';)+&'#(')*'D&p'&0'3&;("*,1&#+&'1&54"#'*&0%"&*,1;1-&7,'*(-1%&-.,&5'%&5%#3&#',(&
01$1,%&5%#%&2%&'#()*('&);1"&'*4*'&#4*&2*%1Q&01$1,%-(&*%"(,(&)1"*&5'%&"(2*%1*.',(3&"(#1".)#4"0&!"'-*(-(& '2*(';*+ & #' & !" & /('#1,%-( & "()74,2%*(3 & ;( & '-*( & ;-'"(*(3 & )+ & 7%( & '/'")'6% & -' & ,'"?1- & 0( & 01$:15'"8&
'0(/+,1,%8&C(&1"0(&)+&);1"+&0'#+&"%#%&(-(&"1&2*%1D [(?(*',%'"%)51-&;,.01#(&.&'"15%*+&%51"%F',(&!5;.*,%/'&5%#,.@%-.,&0%7(,%*(-.,&@.-%8&U:'5&;%(,01*&
!"&-15('&#(,(')#+&(L%)*+&.&'L%.5+A &:(-%8(&5%0%"(&"1&4(,7%*&(L#(4.%%9 &J%#%.0'*+&2%&"%#+%(,%&!"& 0%"&".1&!"&0%?,()%1"%3&0',&2%&'#()*('&)1"*&%5;.,*'"*(8&I#15&!")+&,(/%"&-'&)1@%(#*1-&0(&'F%A&(L%)*("6'&
1"%/(,)&"1&):'&/+F1*&.&(L#(;6%(8&!"#+-#',('&1"(%&'"15%*(&.,4"01%,%&'*,'?(&01;+&)%"(&'1*.5'*&;(0(';)'3& 1".,&);%,%*(&#',(&"1&):'1&!"*,1;'*8
)17(,%"6' & 2% & 5'% & ';.% & )1;1"(,( & .',@+8 & C( & 51-*( & .,% & !" & (L%)*("6' & 5(' & '5 & !"#+-#'* & -(?('3 & 1"(.,%& SL%)*+ & );%,%*( & #',( & 0( & #4"0 & ' & 7.)* & #,('* & 9+54"*1-3 & 0( & 51-*( & 5%-%',0( & 0( & '"%3 & "1 & ):'1 & 5'%&
%"#."2*%("*3&0',&0(&#(-(&5'%&51-*(&.,%&#."2*%("*8&I5&7+#1*:.&#1&)#.;&0(&(L;(,%5("*3&)+&/+0&#(&)(&/'& ,(!"*,1;'*&0(-.#3&;("*,1&#+&'1&*(,5%"'*&0(&51-*&.,%#(&2#.'-+&;-'"(*',+&15'"+&0%"&'#()*&1"%/(,)8&
!"*45;-'3&)+&/+0&(7(#*(-(&7';*(%&5(-(3&0',&!"*.*0('1"'&'5&)17(,%*8&I5&!"/+6'*&#+&#(-&#(&!"#'-#+&-(?('& I#(2*%'&)1"*&!"-(,%%9
0%/%"1-1%&H,('*.,&*,(@1%(&)+&;-+*(')#+&;,%"&)17(,%"6+8 P,(@1%(&)+&7'#%&0(.)(@%,(&!"*,(&.&!"*,1;',(&7+#1*+&!"&/(0(,('&!"/+6+,%%&'&*.*&#(('&#(&;,%/(2*(&
R'*+&1"&#';%*.-&')1;,'&#+,1%'&5'%&*.'*(&01$1,%-(&7'#&(L;(,%("6(3&#';%*.-1-&1#%0(,%%8&G(?('&0%/%"+& 5'*(,%'&2%&7.,5'&0(&/%'6+&'&1"(%&;-'"(*(3&2%&!"*,1;',('&7+#1*+&0%"&5%-+&;("*,1&7,'6%%&*+%&5'%&5%#%3&
);1"(A&@+&"1&1#%M%b&C',&"1&0+&"%#%&1"&5.*%/3&"1&"(&-15%"('F+3&;("*,1&#(&)+&"1&1#%0(58 #.@.,4"0&!"&5%=-.#1-&-.,&;("*,1&':%&-15%"'8&a&')(5("('&!"*,1;',(&'&7+#1*:.&0(&51-*(&.,%&!")12%&
C1$1-&!2%&F%#(A&B9,('&%1@%*1-&5(1&P'*+&H,('*.,&"1&()*(&'%#%&#'&)+&5+&/'0+3&)'1&)+:G&!"*,(@&0(&#(& N1/(,"'*.,1-&".)*,1&;-'"(*',3&7+#4"01:)(&.5&;("*,1&'&0(*(,5%"'&'"15%*(&#1,("*(&0(&%0(%&;,%"*,(&
2%&#158&R'&)+&1#%08E .'5("%8&C(&')(5("('3&C%/%"%*'*('&".')*,+&).-',+&):'&!"*,1;'*&0(&51-*(&.,%3&0%"&R1@%,(&;("*,1&#.;%%%&
K+%&"(2*%1*.,%8&9("*,1&-15%"'3&;1*(,%-(&2%&!"6(-(;#%1"('&K'3&.&')(5("('&!"*,1;',(&()*(&5'%&51-*&0(#4*&
.&5%)%1"(&:&()*(&1"&7',*%,'G9
<
&Rg[g&5,9&:&P(*,'?,'5'&g'/'r'$3&#.")%0(,'*+&"15(-(&0(&"();1)&'&C%/%"%*+6%%8&S/,(%%&"1&;,."1"6+&'#()*&"15(3&!"-.#1%"01:<&#1& 9,%"&1,5',(3&"1&(L%)*+3&"1&'&(L%)*'*&2%&"1&/'&(L%)*'&"%#%.0'*+&01$:2#.-',&'-&-15%-.,&;-'"(*',(33&#',(&
I0."'%3&#4"0&!-&!"*4-"()#&!"&P.,'8&9("*,1&#'@'-%2*%&*(*,'?,'5'&5ME9&,(;,(F%"*+&5'%&51-*&0(#4*&"15(-(&C%/%"%*+6%%3&7%%"0&#.")%0(,'*+& )+&)*('&!"&'*5.)7(,'&7-1%0%#+&'&9+54"*1-1%&7+,+&)+&7%&7+#1*&/,(.&!"*,1;',(8
7.,51-'&#$(%(&;("*,1&0()#%7,',('&2%&!"6(-(?(,('&*'%"(%&)7(,(%&#,('*(8&P(*,'?,'5'&MPRME9&(L;,%5+&H1/4"*1-3&.51-&#,('*&01;+&#$%;1-&2%&
')(5+"',('&C.5"1-1%8&C%/%"%*'*('&)(&5'"%7()*+&;,%"&!"*,1;',('&H1/4"*1-1%3&'&[(,@1-1%8&I)*7(-&5ME9&g'/'r'$&0(/%"(&5*799&-(21'& !"&;,('=5'&9+54"*1-1%3&!"&F."(-(&-1%&#(-(&5'%&)1@-%5(&:&F."'&0%/%"+&:&(L%)*+&);%,%*(&#',(&5'%&'1&
`R)1)b3&C%/%"%*'*('&')154"01:2%&"'*1,'&15'"+3&0(/%"(&7%1-&.51-1%3&;("*,1&#'&!"&7%"'-1-&5%)%1"%%&K'-(&)+&,(/%"+&!"&)-'/+&;(&P,."1-&K+18& !"#+&0(&7+#1*&2#.'-'&/%(6%%&*,1;(2*%3&0',&(L%)*+&2%&);%,%*(&:&!"?(,%%&:&#',(&'1&*(,5%"'*&0(&51-*&(/.-16%'&
P(*,'?,'5' & "%,9& 7,4"*+ & -' & 5%=-.# & ()*( & ,(1"%*+ & ;,%" & *7 & `2%"b & : & 7.#1- & ?("(,'*., & 2% & )1@*%-3 & /($%#.-1- & /%(6%% & "(0%7(,("*%'*(3 & 5(0%'*.,1-& -.,&*,1;(')#+3&;(&;-'"(*(&0%);+,1*(&0(&5%-%',0(&0(&'"%8&H1&*.'*(&'#()*('3&#4"0&;,%5()#
1"%/(,)'-&#',(&;(,5%*(&!"*,1;+,%-(3&#.@.,4,('&);%,%*1-1%&!"&5'*(,%(8&ÑP-*7,9&-(21'&`R)1)b&,(;,(F%"*+&!"*,1;',('&H1/4"*1-1%3&'&-1%&&&5!PÇ
UTV >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"&?(,
UTW

.,0%"(3&!"?(,%%&)(&7'#&2%&(%&.'5("%&*,1;(2*%&#'&2%&.,%#',(&.53&!"&/(0(,('&!"0(;-%"%,%%&1"(%&'"15%*(& /%"+&)+&/'0+&2%&(-&#15&)1"*&'#()*(&,(?%1"%3&)*(-(3&#.5(*(&2%&;-'"(*(&;-%"(&0(&*.*&7(-1-&0(&7%%"6(8&
5%)%1"%8&C',&5'%&;,()1)&0(&5%)%1"('&-.,&()*(&;%-0'3&(L(5;-1-&-.,&0(&,+@0',(3&)5(,("%(&2%&'@"(?'6%(3& C.,(2*(&)+&-(&/'0+&2%&)+&!"/(6(&2%&(-&#(&()*(&'%#%3&!"&)7(,'&#,('*+3&;("*,1&'&'=1"?(&*.*&'*4*&0(&2*%1*.,&#'&
)1;1"4"01:)(&-'&;,%/'6%1"%&2%&"(0,(;*+6%3&-'&)17(,%"6+&*,1;(')#+8&[+F4"0&;(&)*,+-1#%6%%&-.,&)1;(,%.,%& #(%&!"*.,2%&!"&G'@.,'*.,&2%&#'&G1#,+*.,%%&0%/%"%&0%"&K7(,'&0%/%"+8
*,+%"0&#1&)5(,("%(&)1@&');,%5('&/%(6%%&*,1;(2*%3&01$1,%-(&5'%&5%#%3;,%"0&#1,'=&2%&#(,&!"*,1;',('&!"& H4"0&):'&#."/%")&:&0(&-'&@+*,4"%%&,(!"*.,2%&!"&c'%3&#(&'1&!"&);'*(&5%-%',0(&0(&'"%&:&#+&"15'%&!"&
/(0(,('&'/'")+,%%&-.,&);%,%*1'-(8&S-(&2*%1&#+&!"?(,%%&'1&7.)*&.0'*+&)%5;-%&.'5("%3&')(5("('&-.,Q&!"6(-(?& -15%-(&)*(-(-.,&2%&;-'"(*(-.,&/'&;1*('&/(0('&2%&;%;+%&*.*&#(&'&'1F%*3&#+&"15'%&!"&)4"1-&'#()*.,&-15%&
-(?('&0%/%"+&#',(&#(,(&.,%#+,1%&01$&)+&*,('#+&;,%"&2#.'-'&'5',+&'&!"*,1;+,%%8&K#+;',(3&(L#(;6%(&"1& ;.'*(&0(/("%&;(,7(#*&2%&7(,%#%*3&)(&$.*+,+2*(&)+&;-(#(8&J1&%&):'&);1)&#+&'#(')*+&!"/+6+*1,+&)(&.@6%"(&#1&
(L%)*+&"%#+%(,%&!"&1"%/(,)8 ;,(61-&e)17(,%"6(%3&2%3&')(5("('3&1"1%&;(-(,%"3&;-('#+&;(&1"&0,15&-1"?3&#(&;',(&#+&01,('F+&.&/(2"%#%(8&
!"#(;( & )+ & #1".')#+ & 51"#'3 & ;,%" & -'#,%5% & 2% & )1);%"(3 & 2% & !" & )10.',(' & 7,1"6%% & !2% & #42*%?+ & ;4%"(' & :&
!"/+6+*1,'8&I%#%&'7-+&%5(0%'*&0(&-(?%-(&0%/%"(&'-(&P'*+-1%8
R'*+&;-(#',('&-1%&I0'5&0%"&,'%1-&@%@-%#8&P,+%"0&;,%"&).,%3&'7-+&0(&-(?%-(&).-',(3&2%&!"&7%"(3&5'%&
C1$1-:#.;%- *4,F%13&'7-+&2%&0(&-(?%-(&;-'"(*',(8&H1,4"0&!"6(-(?(&#+&-(?('&).-',+&()*(&#.5("*',%1-&-(?%%&0%/%"(3&%',&
-(?('&;-'"(*',+&()*(&,(?1-'5("*1-&(L;-%#'*%/3&0(F/.-*'*3&'-&-(?%-.,&0%/%"(&2%&).-',(8
C%"&#(-(&);1)(3&)(&/(0(&#+&01$1-&"1&'&7.)*&%F?."%*&0%"&c'%3&#%&'&;-(#'*3&#."/%")&#+&"1&/'&;1*('&
a&'L%.5+&'&H(,1,%-.,& ".')*,(& ()*(& 2%&'#(')*'A&>%0%"%*'*('& "1&'& ;+#1*&"%7%#&%"1*%89&P.*1-&',(& '=1"?( &)+ &#1".')#+ & #((' &#(&2*%( &P'*+- & )+1 &H,('*.,& : & ;.51-& #1".'2*(,%% &@%"(-1%& 2%&,+1-1% & : & 0(#4*&
1"&,.)*&!"&"'*1,+8&C(&#4*(&.,%&C%/%"%*'*('&'&#,('*&#(/'&".13&'&)*'@%-%*&2%&-(?('&)'&#.,();1"F+*.',(8 !"/+64"0&*.*&#(('&#(&S-&'&#,('*3&*.'*(&%0(%-(&(5%)(&0(&S-&!"&-15(3&2%&#+&'#(')*+&!"/+6+*1,+&"1&.&;.'*(&
9,%"*,(&"15(,.')(-(&K'-(&-(?%&()*(&2%&-(?('&(/.-16%(%&01$1-1%&2%&'&5'*(,%(%8&C',&0(&7(-1-&#15&)(& .@6%"(&0(#4*&/%F%*4"0&5',('&K'&!5;+,+6%(8&>',;(-(&%);%*%*.,&: &51$18&'G1")&4(,;(#* &:&%:'&5'%&);1)&#+&
7'#( & '#(')*+ & (/.-16%(& "1&):' &.#1;'*&2%&"1 &)( &.#1;+&H,('*.,1-8 &C%/%"%*'*(' &"1& '&-+51,%* &5%)*(,1-& "15'%&'%#%3&!"&#,('6%(&/'&/(0('&#."#,(*%F'*(3&!"*,:1"&7(-&.',(#',(3&%0(%-(&'@)*,'#*(&!"/+6'*(&!"&G'@.,'*.,3&
(/.-16%(%&:&0(&#(&)+&(/.-1(F%&2%&#15&)+&(/.-1(F%&5'%&,(;(0(&:&"()#,%%"01:<&!"&"%#%&.&-(?(8&p%(*1-&01$&'& 2%&#+&.&;,%5+&#."0%6%(&)+&0(/%"+&7(,%#%*&(&)+&%1@(')#+8&a,&%1@%,('&"1&)(&;.'*(&#1".'2*(&2%&!"/+6'&0(#4*&
/,1*&)+&'7-(&0(&#(&*,(@1%(&)+&)*10%(F(&2%&)+&)17(,(3&0'#+&/,('&)+&(/.-1(F(8&9("*,1&'#(')*'3&(-&'&7+#1*& !"&#,('6%'&P'*+-1%8&I#(2*%&5%'028%&)%7A28%#%&%:'1&/.,@%*&'*4*&0(&7,15.)3&%:'1&0()#,%)&#,('6%'&P'*+-1%&!"&
';(-&-'&0%/%"1-&)+1&H,('*.,3&2%&0%"&K7(,'&0%/%"+&%&):'&,+);1")A&i`%18(/&*(6'7&!"M()*,'*&#1&%"*(8%-(".+/ & ')(5("('&#1-.,%3&!"#4*&@%(*1-&01$:#.;%-&):'&("*1F%')5'*&2%&):'&$.*+,4*&)+&;.,"(')#+&-'&0,158
02%".+&3%&7(72,%(&(-'8+&#1&'&J('9&F#17&R1&"1&7'%&'7&*%74&)+&J+&2#14&5(&*%"(9&?'&)+&'0'")(M%&!.% & I&;-(#'*3&'&#.-%"0'*&0%"&)7(,+&!"&)7(,+&2%&'%#%3&!"&#,('6%(&'&'7-'*&#+&(L%)*+&.&B5.',*(E8&I%#%&7'#(&
,(#27'"5&)+&;'#%&'4(8&8'&G15(#'*+/&%',&,'.%1"('&*'&!.%&0'&5(M0+81%&*2*&#(&*,(A1%(&)+&;'#%&#'&)+&#1"23*% & #1".2*%"6+&#."#,(*+&#1&@1"+*'*('&2%&,+1*'*('&.'5("%-.,3&%0(%&0(&#',(&)(&/.,@%)(&2%&-(&,(6%"1)(&#'&
24(,'&3%&8(-%8(&J(8(9&:(-('&2&42.%&#1"2'3*(/&4("*,1&#+&(&)#,%)+&3%&41)+&5(&J%"(&!"&*2*&1"%0(,)18 & ".6%1"%&'@)*,'#*(3&0',&'#15&-(:'&/+F1*&2%&)%56%*&;(&;,.;,%'&)'&;%(-(8&I%#%&/(0(&2%&)(&!"?,.F(2*(&#15&
#,('*9&R'&()*(&'#282&4("*,1&'&*(&817%"'/&#2"*,28'&3%&'G1*'&!"&)*15%%8(&*'8(9k ,+1*'*('&5(,?(&;4"+&-'&1#%0(,('&7%%"6(-.,&#,('*(&0(&P'*+-8&I%#%&/(0(&';-%#4"01:)(&-(?%-(&0%/%"(3&0(&
p%(*1-&01$&!"6(-(?(&#+&"1&(L%)*+&'-*&5%=-.#&0(#4*&)+:2%&;1"+&!"&71"#6%1"(&%"*(-%?("6'&2%&/.%"6'8&C',& #',(&%&):'&/.,@%*&!"&c'%3&0',&'#.-.&"1&-(:'&!"6(-()8
#(&?,(%&'1&7.)*&;,%5%%&)+%&;'2%3&0(.',(#(&"1&2*%'&#15&)+:2%&!"*,(@1%"6(F(&%"*(-%?("6'3&#15&)+:2%&;1"+&!"& H15&',&7%&;1*1*&@%(*1-&01$:#.;%-&)+&2*%(&#(&!")('5"+&B'&1#%0(E3&#4"0&!"&G'@.,'*.,&"1&'&/+F1*&
71"#6%1"(&/.%"6'3&5'%&'-()&#+&5(5.,%'&)'&#."2*%("*+&(,'&#.'-+&'-@+3&"1&#."6%"('&"%#%&.&,(;,(F("*',(3& "%#%.0'*+&42'&#(/'8&H15&(,'&)+&!"6(-('?+&7(".5("(-(&#.5;-(L(&'-(&#.5;1"(,%%&2%&0()#.5;1"(,%%&
"('/4"0&"%#%&1"&B*,(#1*E8&9("*,1&(-&"1&(L%)*'3&0(.#'50'*+3&0(#4*&1"&B;,(F("*E8 5'*(,%(%&7%F%#(3&#4"0&')(5("('&7(".5("(&2%&5'*(,%%&"1&(L%)*'1&!"&G'@.,'*.,3&(-(&7%%"0&,(F1-*'*1-&
I#.-.&0(;',*(3&!"&K7(,':G'@.,'*.,3&!"&#')'&P'*+-1%&)+13&01$1-:#.;%-&/("('&F%-"%#&!"&#."*'#*&#1&%0(%& ;,.#()1-1%&0(&#.5@%"+,%&7%F%#(&2%&#$%5%#(&'&5'*(,%%-.,&7-1%0%#(&#.5;1)(&0%"&-15%-(&#,('*(8
2%& "15'%&%0(%3& #',(&"1:%& -+)'1& !"&5(5.,%(& "%#%&1" &)(5"3&"%#%&1"&*%;',3&0(.',(#(&*.'*(&(,'1& %0(%& !" &-15('& #,('*+3& 01$1-:#.;%- & !"/'6+3 &!"/'6+& 2%& 0%);(,+ & !"/+64"08&I%#%8 &)17(,+3 & )17(,+3 & ;4"+& -'&
'@)*,'#*(3&#',(&.,%#4*&0(&0(7%"%*(&(,'1&0(&H(%&#(&)+-+2-1%()#&'#.-.3&"1:<&;1*('1&-+51,%3&"1:<&;1*('1& (L');(,',(3&;4"+&-'&,(/.-*+3&,(?,(*4"0&c'%1-&;(&#',(&<:'&;+,+)%*8&S-&/%"(&!"&#."7-%#*&#1&5(0%1-&%"*(-(#*&
7'#(&)+&-(&!"6(-('?+&2%&0(#%&)+&-(&5(5.,(F(8 0(&'%#%&:&0%/%"3&).-',&2%&;-'"(*',&:&)(&,(/.-*+&2%&!"#'-#+&-(?%-(&0%/%"(3&).-',(&2%&;-'"(*',(8&[,('&)+&;-(#(&
P,(#(&B*%5;&;()*(&*%5;E&:&0(&7';*&"1&*,(#(&"%5%#3&0(.',(#(&*%5;1-&)(&5+).',+&;,%"&#(/'3&2%&'#(-& 0%"&'#()*&%'5/&0',&"1&5'%&;.'*(3&2%&:&!"#(,#1%*&0(&7.,6(&:&01$1-&#'0(&!"7,4"*&2%&/-+?1%*8&P4,F%1&!"6(-(?(&
#(/'&'#.-.&"1&()*(&0(#4*&(0281.%(&:&0',&(/.-16%'&01$1-1%&;',(&)+&"1&5'%&;.,"(')#+8&P,(#&5(,(1&%0(%& #+&"1&(L%)*+&'-*+&)#+;',(&0(#4*&)1;1"(,('3&15%-%"6'3&*"1"#'&0%"&?,(13&'0%#+&)+&-1#,(F(&!"&/%'&P'*+-1%&
;()*(&#+;2.,1-&5%#1-1%&01$&2%&".1'&7+;*1,+&*.*&"1&;.'*(&!"6(-(?(&"%5%#8&BP%5;1-E&*,(#(3&0',&01$1-:#.;%-& 0%/%"3&;("*,1&;,.;+2%,('&-1%&2%&'&.;(,(%&P'*+-1%&)+18
"1&',(&"%#%&.&/4,)*+3&0(.',(#(&/4,)*'&)(&5+).',+&!"&#';%*'-1-&0(&".6%1"%&'#151-'*(3&%0(%&;(&#',(&01$1-& U%-%',0(&"()74,2%*(&0(&'"%3&01$1-&15'"&!2%&/'&0(;+"'&(L%)*("6'3&2%&0%"&"(;1*%"#%.)1-&0(&'-*+0'*+&
"1&-(&;.'*(&!"#+&!"6(-(?(&2%&7%L'&!"&5(5.,%(8&P,(#&')*7(-&B5%%&0(&'"%E&2%&01$1-:#.;%-&'7-'*&!"*,:.&)*',(& /'&0(/("%&.&o.%6+&#,('*.',(3&0%"&"(2*%1*.,1-&0(&'-*+0'*+3&/'&0(/("%&'*.*2*%1*.,&#'&P'*+-&)+18&I*1"#%&)(&
0(&).5".-("6+&'@%'&!"#(;(&)+&;,%"0+&#4*(&.&".6%1"(8&S&.&5%"1"(&)+&!"/(6%&.&".6%1"(&'@)*,'#*+3&-%;)%*+& /'&!"*.',#(&!"&)4"1-&P'*+-1%3&!"&K7(,'&K'&7-1%0%#+3&!"&c'%1-&0%"&#',(&;-(#')(&.0'*+3&0(/("%"0&G1#,+*.,&
0(&.&,(;,(F("*',(&#."#,(*+8&P(&!"?,.F(2*%&"15'%&#4"0&*(&?4"0(2*%&)+&!"/(6%&#(/'&#(&"1&'%&/+F1*&0(-.#8 0%/%"3&H,('*.,&0(&5'*(,%%&2%&01$1,%3&I1L%-%',&'-&P'*+-1%&#(,()#3&!"&1,%'2'&K'&.;(,+A&?,('.%'9
9,%"*,(&;,%5(-(&".6%1"%&'##(;*'*(&0(&5%#1-&01$&15'"&()*(&%0(('&(L%)*("6(%&P'*+-1%&)+13&'&H,('*.,%-.,&
'1L%-%',%&0%"&K7(,'&0%/%"+&2%&'&5'*(,%(%&;,%5(&0%"&#',(&)(&#,(('F+&*.*1-8&R"&7%"(3&01;+&'"%&2%&'"%&0(:'%&
/.2*,%&*(,(2*,%3&#4"0&'&'?."%)%*&1"&5%#&#';%*'-3&01$1-&15'"&/'&7%&*,%5%)&!"&-15('&#,('*+8&S-&"1&;.'*(& c1?+#%1"('&;.'*(&!"-+*1,'&-(?('&0%/%"+D
,+54"(&.&/(2"%#%(&!"&G'@.,'*.,3&;("*,1&#+&2*%%"6'&5',%-.,&G1#,+*.,%&0%/%"%&0(&'#.-.&()*(&'*4*&0(&!"'-*+3&
!"#4*&"1&',&;1*('&"%#%.0'*+&!"6(-(?(&2%&!"/+6'&#(/'8
C1$1-&'&;,%5%*&!"&K7(,'&0%/%"+&'"15%*(&".6%1"%8&C(&(L(5;-13&2*%(&#+&(L%)*+&2%&'-*(&01$1,%:#.;%%3& a51-&"1&;.'*(&'7-'&I0(/+,1-&0(#4*&;,%"&0()*,1;',(3&.,%&".';*('3&#4"0&%()(&;16%"&0%"&*,1;1-&)+18
')(5("('&-1%Q&#+&5',%%&H,('*.,%&0(&'#.-.&'1&7.)*&#4"0/'&#'&2%&(-Q&#+&*.*&#(&)(&#,(('F+&'#.-.&()*(& J.%3&01$1,%-(&)1;(,%.',(3&#1".'2*(5&'0(/+,1,%-(&P'*+-1%3&01;+&#15&/.%&#1".'2*(6%&#+&#(,1-&(&
0()*%"'*&)+&7%(&*,%5%)&!"&-15(3&);,(&;(,7(#6%."',(8&!"&7%"(3&'&/+F1*&2%&):'&#."/%")&#+&*.6%&H,('*.,%%& !"".,'*&)'1&)("%"3&0',&"1&-(&;1*(5&);1"(&.51-1%3&;("*,1&#+&'5&/("%&!"&#."7-%#*&#1&%0(%-(&-1%&*(,()*,(8
51"#()#&"(#."*("%*&2%&)(&)%5*&7(,%#%6%&#+&51"#()#&-'&.;(,'&P'*+-1%&-.,8 G(?%-(&P'*+-1%&)1"*&1"%/(,)'-(8&a,%1"0(&"(&!"*.',#(5&;,%/%,('&"1&/(0(5&"%#%&.&(L#(;6%(3&"%#%&.&
C1$1-:#.;%-&)(&#."/%"?(&#+&"1&;.'*(&)+&5'%&,+54"+&!"&K7(,'&0%/%"+3&0(.',(#(&'#.-.&"1&)(&!"/'6+& '@'*(,(80(&-'&-(?%-(&K'-(8&I*1"#%&#15&.&)+&#,(0(6%&#+&-(?('&',(8)+&7%(&)1);("0'*+3&;,%"&7';*1-&#+&/.%&/+&
#15&)+&B-1#,(F%E3&#%&"15'%&#15&)+&B#1?(*%E8&H1&'-*(&#1/%"*(3&'#*%/%*'*('&"1&)(&!"/'6+&;,%"&;1,+&%0((3& ,1?'6%M&C',&#1&*.'*(&'#()*('3&,1?+#%1"('&()*(&"(#()',+3&;("*,1&#+&*,+%"0&!"&"(2*%%"6'&/%(6%%&*,1;(2*%3&"1&
#%&;,%"&!"7+;*1%,(8&C(&-'&.&/,(5(3&!"6(-(?(&#+&*.*&#(&)(&-1#,('F+&!"&G'@.,'*.,&"1&;.'*(&)+&,+54"+& #1".'2*(6%&#'1F'&)17(,%"6(%&/.')*,(8&H.")*%*1%(&.&'0(/+,'*+&7(,%#%,(&7';*1-&#+&)(&"'2*(&!"&.5&);(,'"6'&
'#.-.3 & #% & ()*( & 0()*%"'* & ;("*,1 &5%"#282/ &'0%#+ & !" & )7(,' & #,('*+3 & 0();,( & #',( & *.* & '10( & /.,@%"01:)(8& #+&P'*+-&!%&/'&')#1-*'&,1?+#%1"('&2%&!2%&/'&)1);("0'&-(?('8&S7(#*1-&,('-&'-&'#()*(%&);(,'"6(&()*(&#+&
H."/%"?(,('&01$1-1%:#.;%-& )(&!"*+,(2*(&#4"0& #(%&!"*.,2%&0%"&)7(,'& #,('*+&!"&G'@.,'*.,3 &-(&0()#,%1& @%(*1-&.5&)%5*(&0(&;',#+&)17(,%"6'&%&):'&5'%&'-%"'*8&S&.&)%5;-+&;+,(,(&)'1&%-1F%(3&0,'?1-&5(1&7,'*(3&
-1#,1,%&2%&7';*(&0();,(&#',(&"1:2%&;.'*(&7'#(&.&#."#(;6%(3&"1&2%&-(&;.'*(&,(;,(F("*'3&;("*,1&#+&"1&'&7.)*& ;("*,1&#+&-(?('&(&-(?(&2%&#'1F'&*,(@1%(&)+:2%&'%@+&(7(#*1-8
'#.-.&)+&-(&;(,#(';+8&C%"&'#()*&5.*%/&"1&;.'*(&!"6(-(?(&2%&;,%"&1,5',(&"%#%&5(5.,'&0()#,%(,%-(&2%& H15&/%'6'&*(,()*,+&()*(&;-%"+&0(&);%"%3&;,()+,'*+&5'%&51-*&#1&F%-(&"(?,(&0(#4*&#1&@1#1,%%3&@%(*1-&
.5&"(2*%1*.,&0(&-(?%-(&0%/%"(3&)(&,.'?+&2%&%',&)(&,.'?+3&.,(&!"*,(?%8&U',(-(&".)*,1&C%/%"3&7.)*&R)1)3&
0(7%"%6%%-(&#(-.,&!"*.,2%&0%"&)7(,'&#,('*+8 /+F4"0&#+&%10(%%&!"2%,+&,1?+#%1"%3&,.)*%*(&5(#'"%#3&"15'%&0%"&@1F(3&%',&"1&0%"&'04"#1-&)17-(*1-1%3&'&
I*1"#%&)(&#."/%"?(&#+&-.#1-&1"0(&<:'&#,('*&P'*+-&)+1&()*( &H'%/ &0',&7(,%#%*&"1&()*(3&0(.',(#(&)(& ,(#.5'"0'*&';.)*.-%-.,&)+&7'#+&#1".)#1*+&.'5("%-.,&.&)#1,*+&2%&#."#%)+&,1?+#%1"(A&d'*+8&"2)*,19
;-%#*%)(2*(&!"*,:1"&-.#&1"0(&"1&;.'*(&7'#(&"%5%#8&!"&;-1)3&'1F%"0&0(&-'&#(%&!"*.,2%&0();,(&5%"1"%&0(&
7';*(3&7%%"6(&2%&;,%/(-%2*%&0%"&-15('&#,('*+3&)(&"'2*(&!"&(-&0.,%"6'&/%(&)+&;-(#(&0%"&c'%1-&P'*+-1%&2%&)+
UTX >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',%( ?271"%#+,%&5%"&?(, UTY

C1;+&;-(#',('&0%/%"1-1%&N1/(,"'*.,&).-',3&-'&'#(')*+&)%5;-+&,1?+#%1"(&):'&5'%&'0+1?'*&#4*(&#(/'& *1-@1,'&(L%)*("6'&*,1;(')#+8&I54"0.%&/(6%&)17(,%3&0(.',(#(&'54"0.%&)1"*(6%&1#%?'2%8&S-&*(:'&1#%)&;(&
2%&')*7(-&('&'&7.)*&'-*(,'*+8&[(0(6%&0(&#(&"1&/+&;1*(5&#.51"%#'&I0(/+,1-D&9("*,1&#+&/("%5&!"&#."7-%#*& *%"(3&%',&*1&'%&1#%)&;(&1"&'-*1-8&R',*+:<&"(7(,%#%*1-(&#'&)+&"1&7%%&#."0'5"'*&)+&*(&"'2*%&-4"?+&(-&2%&)+&7%6%&
#1&%0(%-(&/.')*,(&,(-%?%.')(8&C',&/+&;.*&);1"(3&!"&"15(-(&I0(/+,1-1%3&#+&'1&7.)*&#,('*(&5'%&*4,F%13&0%"& !"*,1;'6%&1"1-&-4"?+&'-*1-8&K+&2*%%3&7%1-(3&(13&A+*,E"18&'#()*1%&0%/%"&P,%@1"'-3&!6%&);1"&#+&;4"+&"1&/(%&
%"*(,()&5'*(,%'-3&51-*(&'-*(&,1?+#%1"%3&#+#%&%"*(,()1-&;,(0.5%"+&!"&*.'*+&/%'6'&.51-1%&*,1;()#8&I)*7(-3& %(,*'3&#4*&*%5;&!-&/(%&1,5+,%&#1&1,'&*'3&-(?('&).-',+&*(&#."0'5"+&)+&*(&"'2*%&/%(6%&"("15+,'*(&*.*&!"&
;,(#(;*(-(&0%/%"(&:&)%5;-(&2%&#-',(&:&'1&7.)*&!"-.#1%*(&#1&1"&;.5(-"%#&"()74,2%*&0(&,1?+#%1"%8 ;,('=5'&-1%8&R(,*',('&*(&0(F-('?+&2%&*(&0();',*(&0(&(-8&T,'&*(&/'&-(?'&0(&(-&;4"+&#(&)17-(*1-&*+1&#.;-(2%*&
J.%&"1&'5&,(#.5'"0'*&"%#%.0'*+&')(5("('&!"2%,1%,%&0(&/.,@(&7+,+&,.)*8&G15('&01$1,%-.,&0(& 0(&)17(,%"6(&/'&7%&)%-%*&0(&-(?('&).-',+&)+&%(,*(8&R',*+:<&0(&;(&'#153&#'&)+&"1&5'%&7%(&"%5%#&#.51"&!"*,(&
;,(*1*%"0("%&"1&)(&,.'?+&P'*+-1%&#'&)+:2%&)1);("0(&-(?('8&J.%&"1&,.)*%5&!"&,1?+#%1"%-(&".')*,(&#(,(,%3& /.%8&G(?('&0%/%"1-1%&H,('*.,&#(,(&#."0'5"',(&;("*,1&1#%0(,(3&%',&0%/%"1-&K+1&o%1&#(,(&%(,*',(&;("*,1&
#%&'01#(5&H,('*.,1-1%&#1/%"*(&0(&-'10+&2%&"(&(L;,%5+5&'0.,',('&2%&7(,%#%,('&;,.#1,'*+&0(&)*10%1-& 7';*' & "().#.*%*+ & ' & ';,.';(-1% & *+13 & ;("*,1 & ' & ;1*(' & (/.-1' & 5'% & ,(;(0(8 & R0((' & 0( & 1,+ & 2% & /("%" & :&
*'%"(-.,&K'-(8&J.%&"1&!%&;1*(5&#(,(&"%5%#3&0(.',(#(&'*.*!"6(-(;#%1"('&K'&"(:'&0'*&*.*1-&#'&)+&/%(61%5& #.5@+*1*+&0(&".%3&#."7.,5&.,0%"(-.,&;,%5%*(&0(&-'&o%1-&).-',&:&"1&()*(&.&%0((&0(&!"7,+6%,(3&#(,1*+&0(&
2%&)+&!"/+6+58 -(?%-(&#(,(2*%8&I-(?(&%(,*',('&:&!"0(;+,*',('&/.')*,+&1"1-&0(&'-*1-3&.,%&"(%(,*',('&:&2%&'*1"#%&/(6%&7%&*.*&
9,%" & ,1?+#%1"( & /+ & !"+-6'6% & )17-(*1- & -' & 1" & !"'-* & "%/(- & /%@,'*.,%13 & #.@.,4"0 & 0%" & H(, & ("(,?%%& !5;,(1"+3&!"&'5',"%#(&/%(6%&*(,()*,(3&/('#1,%&"("15+,'*(3&;4"+&-'&%(,*',('&/.')*,+&0(7%"%*%/+8&J1&/(F%&
@%"(7+#+*.',(&;,%"&#',(&,()*'@%-%6%&;'#('&2%&',5."%'&;(&;+54"*8&c1?+#%1"('&()*(&#.51"%1"('&.51-1%& '*4*('&(L(5;-(&!"&-15('&*,1;(')#+D&J1&!"6(-(?%&#+&0'#+&"1&*(&!5;'#%&'#15&*(&/(%&!5;+#'&#1&(-&;()*(&
#1&C%/%"%*'*('3&()*(&.&,(-'6%(&%"*%5+&'&.51-1%&#1&H,('*.,1-&)+18 /('#1,%&!"2%,'*(3&#+#%&"1&(L%)*+&'-*+&%(2%,(3&0(.',(#(&1,'&1"(2*(&5'%&;1*(,"%#&#$%',&0(#4*&%1@%,('D&9(&
H1&#4*&01$1-&()*(&5'%Z=.)&;(&)#','&(/.-16%(%3&#1&'*4*&()*(&5'%&"(2*%1*.,&0(&-(?%-(&0%/%"(8&C1;+& #(-&#(&!-&%1@(2*%&!-&;+,+)(2*%3&0'#+&'7-%&#+&/'&7%&5'%&7(,%#%*&'%1,('3&0',&;(&#(-&#(:<&1,+2*%&!-&'*,'?%&-'&*%"(&
#15&1"&.5&"1&;.'*(&#1".'2*(&*.'*(&-(?%-(&6+,%%&)'-(3&*.*&')*7(-&01$1-&%"7(,%.,&"1&;.'*(&#1".'2*(&*.'*(& )'1&*(&01#%&01;+&(-3&.,%1"0(3&#$%',&2%&!"&%'0&0(:',&7%8&o%1-(3&*,(@1%(&)+:<&%(,6%3&;("*,1&#+&'#15&2*%%&#+&"1&
-(?%-( & P'*+-1%3 & 2% & !"#+-#4"01:-( & 0%" & "(2*%%"6+3 & #.")*'*+ & 5'% & ';.% & #+ & !2% & '*,'?( & ')1;,' & )'3 & !" & 5.0& ()*(&/%"./'*3&(-&7%%"0&"15'%&%")*,15("*1-&$.*+,4,%%&".')*,(3&%',&*1&'#15&!6%&'5%"*(2*%&0()*%"1-&-'&#',(&'%&
'1*.5'*3&;(0(';)'8 7.)*&#."0'5"'*&!"'%"*(&0(&'&*(&#.@.,!&-'&,(!"*,1;',(Q&0()*%"&'##(;*'*&#4"0 &'%&,.)*%*&#1/4"*1-&0%/%"&
G(?(' & ()*( & )#,%)+ & !" &5'*(,%':5(5.,%( & '& 1"%/(,)1-1%3 & 0', &01$1-:#.;%- &: &%?".,'"* &: &"1 &2*%( & )+& F7%"9&I2'0',3&;("*,1&#+&(-&"1&*(:'&1#%)&0%"&/.%"6'&-1%&2%&6%(&"1&6%&):'&7+#1*&"%#%&.&"(0,(;*'*(3&,(?1-'&
#%*(')#+&!"&'#(')*+&;,'/%-+&#(,(')#+8&S-&!"#'-#+&-(?('3&"(2*%%"0&0(&1,5',('&(%&:&;(0(';)'8&C1;+&5%%&2%& #(,(&)+&/+&%(,*'6%3&;("*,1&'&)(&!"*,."'&7(,%#%,('&;(&;+54"*8
)1*(&0(&5%%&0(&'"%3&01;+&.&)(,%(&"()74,2%*+&0(&,(!"*,1;+,%&!"&)17(,%"6(3&01$1-&'=1"?(&)+&;,%"0+&*('5+&2%& :I2&/,('3&0',&"1&;.*3&;("*,1&#+&(-&'&;,%5%*&5%)%1"('&0(&'&!"#+-#'&-(?('&P'*+-1%3&#',(&);1"(&)+&"1&
,();(#*&7'6+&0(&C%/%"%*'*(&2%&-(?%-(&K'-(8 1#%0(58
H(%&5'%&5',%&'%&".2*,%&-(&);1"A&BH.;%%3&)%-%6%:/+&)+&"1&5'%&?,(2%6%&2%& ,1?'6%:/+&P'*+-1%&)+& /+& :S%&@%"(3&01$&!"0+,+*"%#&2%&"(;,%#(;1*3&'7-+&#+&*13&!"&'-*+&/%'6+3&-:'%&1#%)&;(&'#()*&0()*,1;+*.,&'-&*+18&
-15%"(F(&#."2*%%"6'8E&J1&-%&)(&);1"(&#+&C%/%"1-&P'*+&'&7+#1*&-(?('3&#+&S-&"1&)(&5'%&.#1;+&0(&#(%&#(& I2'0',3&;,%"&7';*'&-1%3&):'&!5;-%"%*&'#15&-(?('&0%/%"+8
?,(2()#&2%&#+&;(0(';)'&)(&';-%#+&'1*.5'*8&C1$1-&*,(@1%(&)+&2*%(&0.',&)+&%5;-.,(&5%-'&H,('*.,1-1%8& !"&7%"'-3&!"7,4"*&0(&',?15("*(3&01$1-&()*(&"(/.%*&)+&%(,*(&2%&')*7(-&):'&,1;*&-'"61-&1#%0(,%-.,&
[("%*&!"&-15('&*,1;(')#+3&(-&,(;(*+&#(('&#(&'&7+#1*&!"&H(,&2%&)(&,.'?+&7%(,@%"*(&!"&#')(-(&C.5"1-1%3&#'& ,(#%;,.#(&%',&;,%"&'#(')*'&):'&7+#1*&!"#+&1"&;')&!"'%"*(3&);,(&;'#(&2%&;,.?,()&!"&/%'6'&.5("%,%%8
)+:%&%(,*(&?,(2(-%-(8&!")+&/'&/("%&/,(5('&#4"0&#."2*%%"6'&!%&/'&);1"(&#+&.,%#4*(&,1?+#%1"%&/'&7'#(3&
?,(2('-'&#.5%)+&"1&)(&;.'*(&%(,*'&2%&#+&*,(@1%(&;-+*%*+&#4"0/'8

:(.%K)N.&8&(*()$&,&'+*+#)%K+O I&$6.&)%#,6)8#)$6(?#+

G(?('&7%%"0&#+-#'*+3&1,5('F+&#."0'5"',('Q&0',&%(,*',('&()*(&2%&);,(&7.-.)1-&#(-1%&?,(2%*&0',&2%&'& IF%&'5&/("%*&#1&1"&'-*&)1@%(#*3&0',&*1&'%&/,('&)+:6%&/.,@()#&0();,(&*%74&3%&)4'.%19
/%#*%5(%8&K+&5+&(L;-%#8 H1&'-*+&.#'F%(3&'5&);1)&#+&;("*,1&01$1,%-(&0(&;,(*1*%"0("%3&*%5;1-&"1&(L%)*+&#'&#(/'&#."#,(*3&(-&
C%"*,:1" & 5.*%/ & .',(#',(3 & 1" & .5 & !2% & .5.',+ & ';,.';(-(8 &[%#*%5' & )( & ;.5("(2*( & )1)3 & !" & -15('& 7%%"0&'@)*,'#*&2%&,(-'*%/8&9("*,1&1"%%&()*(&5'%&5%#3&%',&;("*,1&'-6%%&:&%"#.5(")1,'@%-8
);'6%'-+3&1"0(&#1,4"0&!2%&0+&)('5'&#+&'&7.)*&0()*,1;'*+&0%"&5.*%/&0(&1,+3&,+F@1"',(&)'1&;("*,1&'&7%& !"*,(&0.1+&(/("%5("*(3&)(&)#1,?(&1"&*%5;8&9,%"&1,5',(3&(-&)(&;.'*(&5+)1,'3&0(*(,5%"'3&0',&)+:<&
=(71%*+8&I*1"#%3&('&)(&;,(F%"*+&!"&7'6'&x1,%1-1%&2%&)(&;-4"?(&0(&'#*1-&)17(,%*&2%&#(,(&';-%#',('&-(?%%& /(F%&#."#,(*%F'*&!"&#(/'&"1&)(&;.'*(8&9+54"*1-&!2%&',(&1"%*+6%-(&)'-(&0(&5+)1,+3&'-*(&;-'"(*(&-(&'1&;(&
0%/%"(8&x1,%1-&,(#1".'2*(&#+&):'&!"#+-#'*&-(?('&2%&#$('5+&-'&=10(#'*+&;(&1#%?'23&".';*('3&#4"0&*,1;1-& '-(&-.,8&9,%"*,(&'-*(-(3&).,%%&)(&0(.)(@()#&!"*,(&(%&2%&;,%"&1"%*+6%-(&-.,&0(&*%5;8&W(%%&0%"&G'@.,'*.,&'1&2%&
)+1&0.',5(8&!"&7'6'&7';*1-1%&0(&"(*+?+01%*3&)(&0+&.&)("*%"6+&;,%"&#',(&1#%?'21-&()*(&#."0'5"'*&-'&.& (%&".6%1"('&0(&*%5;3&%"%5'?%"'@%-&0(&-1"?8&J15'%&;("*,1&P'*+-&#(,()#&"1&(L%)*+&*%5;3&!"*,1#4*&;("*,1&
'"15%*+&)17(,%"6+&!"&/%%*.',('&)'&/%'6+&*(,()*,+8&I;.%&01$1-&#.@.',+&!"&*,1;&2%&!2%&0()7+2.',+&/%'6'& S-3&!"&#."2*%%"6'&K'3&*,(#1*1-3&;,(F("*1-&2%&/%%*.,1-&()*(&1"'8&R0(('&0(&*%5;&()*(&'*4*&0(&7%"%*+3&!"#4*&
*,1;(')#+3&5'%&0(;',*(3&#."7.,5&0()*%"1-1%&)+1&!")#,%)&!"'%"*(&0(&'&)(&"'2*(8 ;1*(5&);1"(&#+&P'*+-&"1&.&',(8
C',&.&0'*+&#1&;,."1"6',('&#."0'5"+,%%3&x1,%1-&%"*(,/%"(&;(&-4"?+&/%#*%5+&:&("*%*'*('&);%,%*1'-+&#(& C%7(,("6(-(&0(&-'&.5&-'&;-'"(*+&2%&0(&-'&).',(&-'&K7(,'&0%/%"+&2%&C%/%"%*'*(&"(& 0(*(,5%"+&)+&
'&)17(,%*&0()*,1;',('&;,%"&1#%0(,(&:&2%&.&,.'?+&)+:<&%(,*(&;(&"().#.*%*1-&)+1&7,'*(8&o%%"0&1"&01$&0(&1"& );1"(5&#+&;,%"&)%"(&!")12%&*%5;1-&"1&(L%)*+3&0(.',(#(&"1&;.'*(&7%&5+)1,'*&!"&5.0&'@).-1*3&;("*,1&#+&
?,'0&5'%&5%#3&/%#*%5'&"1&!"6(-(?(&)+&';-%#(&#.5'"0'5("*1-&,(#.5'"0'*&0(&N1/(,"'*.,1-&).-',A&i@+& "1&',(&1"&)74,2%*&2%&"%#%&!"#(;1*1-&)+1&"1&)(&;.'*(&#1".'2*(8&o%-.).7%#&/.,@%"03&(-&"1&(L%)*+8&H1&*.'*(&
%(,.%&-,(3('8'&'4,2'4(81%&*+1bk &H'&'*',(&('&)(&!"#+;+64"('F+&2%&,(71F+&)+&%(,*(&;(&#(-&#(&%:'&#1,5'*& '#()*('3&/.%&/.,@%&#4*(&#(/'&0();,(&*%5;8
/%'6'&*(,()*,+8&x1,%1-&!%&'*,'?(&'*("6%'&#+&0()*,1;',('&):'&7+#1*&#."7.,5&0()*%"1-1%&)+13&#+&'/('&!")#,%)& [.%&5+)1,'6%&*%5;1-&#1&#(')1-3&#.")*,1%*&)+&!",(?%)*,(F(&F%1'&2%&".';*('&!"&Vd&0(&0%/%F%1"%&0(&
!"&0()*%"&'#(')*+&0()*,1;',(&:&;,%"&1#%0(,('&*,1;1-1%&)+1&:&0(.',(#(&2%&('&'&1#%)&!"&'-*+&/%'6+3&2%&#+& *%5;3&"15%*(&.,(8&W%-(-(&)(&!"2%,+&2%&7.,5('F+&-1"%&2%&'"%8&I"1-&()*(&1"%*'*('&/.')*,+&#1&#',(&5+)1,'6%&
1#%?'21-&'&7.)*&0.',&%")*,15("*1-3&';-%#'*.,1-&)("*%"6(%&o.,1-1%&x10(#+*.,()#8&9,%"&1,5',(3&"1&'&7.)*& .&01,'*+&5'%&5',(&0(&*%5;8&C',&01,'*'&1"1%&'"&0%7(,+&!"*,(&;-'"(*(-(&'#()*1%&)%)*(5&).-',8&9-'"(*(-(&
0()*,1;'*+&-'&!"*45;-',(&2%&"%#%&!"'%"*(&0(&/,(5(8&[%#*%5'&,+);1"0(&P,%@1"'-1-1%&0(&@+*,4"%A 5'%&';,.;%'*(&0(&).',(&'1&'"1-&5'%&)#1,*3&%',&#(-(&5'%&!"0(;+,*'*(&'1&'"1-&5'%&-1"?&0(#4*&'-&/.)*,18&
:J1:<&;.*&%(,*'3&;("*,1&#+&5:'&1#%)8&[.%&5:'6%&#."0'5"'*&-'&5.',*(&;,%"&1#%0(,(3&;("*,1&7';*(-(& I*1"#%&*(&!"*,(@%A&(L%)*+&*%5;D&C'3&;("*,1&#+&(&.&)#1,?(,(&0(&/,(5(&!"*,(&0.1+&;1"#*(&0'*(8&J13&
5(-(&0%"&*,(#1*Q&0',&;(&(-&"1:<&;.*&%(,*'3&0(.',(#(3&0'#+&"1&7+#('&7';*'&'#(')*'3&/.%&"1&'/('6%&;,%"& ;("*,1&#+&/(0(5&#+&(-&()*(&/',%'@%-3&#+&#(-(&0.1+&;1"#*(3&0(&;-(#',(&2%&).)%,(3&;.*&7%&0%"&#(&!"&#(&5'%&
#%"(&)+&';-%#'6%&$.*+,4,('&/.')*,+&0(&'*1"#%8&J1:<&;.*&%(,*'3&;("*,1&#+3&!"&0(7%"%*%/3&2%&(-&'&!"#+-#'*& !"0(;+,*'*(8
-(?('&0%/%"+8 C',&%'*+&1"&'-*&7(".5("&#',(&','*+&#+&"1&(L%)*+3&!"&)%"(3&*%5;8&C'#+&*(&01#%&!"&K.',(&:&#'&);%,%*&:&
:R',*+3&"(7(,%#%*1-(&:&!%&);1"(&P,%@1"'-1-&0(&@+*,4"%&:&;("*,1&#+&"(%(,*',('&*'&/'&#,('&1"&7%,&7-1%0%#& #.")*'6%&#+&'#.-.&"1&(L%)*+&F%&2%&"%#%&".';*(8&J((L%)*4"0&0.%&*(,5("%&0(&!"#'0,'*&*%5;1-3&;("*,1&5%"(3&
!"*,(&*%"(&2%&(-&2%&')*7(-3&!"&/%%*.,3&0()*%"1-&*+1&/'&7%&5(,(1&-(?'*&0(&0()*%"1-&)+18 ).)%*&'#.-.3&5'%&(L%)*+&*%5;D&J13&"1&5'%&(L%)*+8&C',&*.*12%3&;("*,1&5',%-(&G15%"%&);%,%*1'-(&0(&'#.-.3&
:J1&/,('13&"1:<&;.*&%(,*'&:&);1"(&0()*,1;'*1-8 )+-+2-1%*.,%%&'#()*1%&')*,13&(L%)*+&1"&*%5;3&;("*,1&#+&(%&'1&'"1-&-.,&).-',3&#',(&01,('F+&;4"+&K.',(-(&
:I*1"#%3&)+,5'"(&01$3&/(%&)17(,%3&/(6%&)17(,%&1"1-&-4"?+&'-*1-3&;("*,1&#+&(-&)(&/'&"'2*(&#'&7,'*(&)'1& 7'#(&1"&0,15&0(&-'&;(,%7(,%(&-'&#("*,1-&1"%/(,)1-1%3&2%&0(&'#.-.3&!"';.%&-'&;(,%7(,%(8&H4*&01,('F+&'#()*&
#.;%-&'-&*+13&2%&*(&/'&'5+,!&2%&/%'6'&*'&/'&7%&1"&%'08&P1&!-&/(%&;(,)(#1*'3&%',&(-&2%&5'%&,+1&!6%&/' /.%'=&'-&K.',(-1%D&C(.)(@%*&0(&51-*8&I*1"#%3&.,%#4*&0(&5',(&()*(&'#()*&/.%'=3&(L%)*4"0 &0.1+&,(;(,(3&
,(F1-*+&#+&2%& ;("*,1 &!"?(,%%&).-',%& (L%)*+& 1" &*%5;8& !"& K.',(& "1& (L%)*+& -1"%&2%& F%-(3& #%& "15'% &0.1+&
0%/%F%1"%&0(&*%5;&:&'"%&2%&.,(Q&0',&.,'&-.,&6%"(&5%%&0(&'"%&0(:'%&/.2*,%8
UTZ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"&?(, UT[

S"*%*+6%-(&-15%".')(&).-',(&)1"*&5',%&)'/'"6%3&%',&#1".2*%"6(-(&5',%-.,&/.2*,%&')*,.".5%&',&7%&.& a,%#( & %0(( & #1;,%"0( & !" &)4"1- & (% &/%'6+3 & . & 7.,6+ & #,('*.',(8 &[%'6' & ' & ;1,#() &0( & -' &H,('*.,Q & S- & '&
#',*(&0(&#%*%,(&;("*,1&#-')'&'&R:'3&;(&-4"?+&/')*(-(&-.,&#1".2*%"6(&5'*(5'*%#(&2%&')*,.".5%#(&,(7(,%*.',(& #."#(;1*&/%'6'&)1@&7.,5+&0(&%0(%3&;(&#',(&-(:'&*,'")7.,5'*&!"&#,('6%(8&K;%,%*1-&()*(&7%1-&0%/%"1-1%&
-'&)*(-(3&;-'"(*(&2%&1"%/(,)1,%8&P.'*+&2*%%"6'&-.,&(&#1;,%")+&!"&1,%'2'&-.,&5(5.,%(8&H(-(&5'%&/')*(&2%& H,('*.,Q3&0',&;(&#4"0&P'*+-&*,'")7.,5+&;2,7'6%5((&!"&#,('6%(3&);%,%*1-&"1&2*%(&#15&)+&54"1%')#+&%0(('&
#.5;-%#'*(&#'-#1-(&-(&7'#&'*4*&0(&,(;(0(3&#1&'*4*'&121,%"6+3&!"#4*&"(&7'#&%5;,()%'&:&#4"0&/%"&;(&-'& #'&)+&.&*,'")7.,5(&%5(0%'*&!"&#,('6%(8
".%e!"&F."(-(&".')*,(&)1;(,%.',(&:&#+&-(&7'#&'1*.5'*8 9(&;+54"*&.'5("%%&*,'")7.,5+&%0(%-(&-.,&!"&'#6%1"%&')1;,'&5'*(,%(%&7%F%#(8&S%&"1&2*%1&)+&-1#,(F(&#1&
!"&F."(&'7-'*(&-'&.&0(;+,*',(&0(&)1*(&0(&5%%&0(&]%-.5(*,%&0(&)1;,'7'6'&;+54"*1-1%&*,+%()#&5',%%& %0(%-(&')1;,'&7-1%0(-.,&#',(&!%&!"#."=.',+8&C'#+&',&#1".'2*(&54"1%,('&-.,3&',&7'#(&B5%"1"%E8
".2*,%&)'/'"6%3&#',(&"1&5'%&2*%1&#(&F%3&-1"+&)'1&'"&'1&.'5("%%&=.)3&;(&;+54"*8&C'*.,%*+&;,(.#1;+,%-.,& K;'6%1-&',(&.&7.,5+3&2%&!"#+&.&7.,5+&#4*&)(&;.'*(&0(&,('-+8&H4"0&F%#%&B);'6%1E3&);1%8&.&%0((3&%',&
-.,3&;%(,0&0%"&5(5.,%(&'"1-&.5("()#8&H4"0&/.,&)+&'7-(&#(&0'*+&(&-'&1"&5.5("*&0'*&;(&;+54"*3&7'#& %0(('&:&#'&.,%#(&%0((&:&',(&.&7.,5+&;(&#',(&.&;1*(5&*,'")5%*(&-'&0%)*'"6+&;,%"&/%@,'6%%8
#'-#1-(&5("*'-(3&0',&"1&@'F'*(&;(&0'*(&;+54"*(2*%Q&#+#%&;(&#',(&)+&-(&%'&#'&;1"#*&0(&;.,"%,(A&'"1-&
#,(2*%"%-.,3&'-&(/,(%-.,&)'1&'-&5'$.5(0'"%-.,D&H(&!")('5"+&'"1-&<sX^&'-&#,(2*%"%-.,3&#4"0&(%&'1&!"& 4)))))4&

/(0(,(3&0(&(L(5;-13&0'*'&#,(+,%%&9+54"*1-1%&)'1&'&-1%&x1;%*(,D&H(&)+&7'#+&'#(2*%&)'/'"6%&#1&(,(-(&
/.')*,(&#,(2*%"+3&5.F'%#+3&@10$%)*+&(*#3&#4"0&()*(&/.,@'&)+&#'-#1-(F(&#46%&'"%&):'1&)#1,)&0(&#4"0&'&-1'*& P,(#&'#15&-'&.&'-*+&.,0%"(&0(&%0(%3&;("*,1&':6%&/.,@%&0();,(&7-1%0(8
"'2*(,(&K.',(-(D&C'#+&',&7%&)+&*,'01#+&!"&'"%&;+54"*(2*%&0'*'&"'2*(,%%&1"1%&)%)*(5&).-',&:&0(&(L(5;-1& [.%&*,+%6%&!"&-15('&)1"(*(-.,3&'&1"0(-.,&'(,%("(8&J.%&*,+%5&!"&-15('&/%@,'6%%-.,:7.,5(3&'0%#+&!"&
K%,%1)3 & [(?' & )'1 & I,#*1,1) & : & ', & !"2%,' & 1" & "15+, & 7.',*( & ?,(1 & 0( & #%*%*8 & 9("*,1 & !"-()"%,(3 & ;("*,1& -15('&1"0(&"1&/%@,('F+&"%#%&)1"(*(3&"%#%&-15%"+8&9,(*1*%"0("%&!"&-15('&".')*,+&(L%)*+&/%@,'6%%&0(&
;,()#1,*',(3&!"?(,%%&".2*,%&;-'"(*',%3&')(5+"+*.,&'"?(-%-.,&).-',%3&7'#&'#()*(&#'-#1-(&!"&'"%&).-',%8&!"& 7.,5(3&0(&-'&#(-(&5'%&#."#,(*(3&#15&',&7%&*,1;1-&*+1&'#*1'-3&;4"+&-'&7.,5(-(&#(-(&5'%&'@)*,'#*(A&/(,@3&
7(-1-&'#()*'3&.&'@)*,'#6%(&"15(,%#+&%"0()#%7,'@%-+&)(&,(01#(&-'&1"&"15+,&-()"(&0(&!"6(-()8 '0=(#*%/3 & '0/(,@ & 2% & '2' & 5'% & 0(;',*(8 & J.% & "1 & '/(5 & .#$%% & /.2*,%3 & )+ & /(0(5 & #15 & /(0(6% & /.%8 & C(&
C1$1,%-(&'/'")'*(&'-(&9+54"*1-1%&)1"*&#';'@%-(&:&,(;(0(&2%&01;+&1"&(L'5("&)15',&:&)+&#'-#1-(F(& ')(5("('3&"1&'/(5&1,(#$%-(&/.')*,(3&#1&#',(&)+&'1F%5&#(('&#(&'1F%6%&/.%8&J.%&'/(5&1"&)%"?1,&)%563&
#46%&'"%&).-',%&'1&*,(#1*&0(&#4"0&1"&01$&.',(#',(&'&7.)*&#,('*&!"&K7(,':&0%/%"+8&H'&;1"#*&0(&;-(#',(&!"& 1"&)%56&?("(,'-3&'-&#+,1%&.,?'"&()*(&!"*,(?1-&5(1&#.,;&7-1%0%#8&J('/4"0&.#$%&0(&/+F1*&-15%"'&).-',+3&
0(*(,5%"',('&'#()*1%&*%5;&()*(&#."6%"1*1-&%0(%-.,&0%"&#.,;1-:5(5.,%(&'-&01$1-1%&(L'5%"'*3&!"&,';.,*& ;("*,1&".%&"1&(L%)*+&'#(')*+&-15%"+3&#',(&()*(&.&#,('6%(&'&.#$%1-1%&/.)*,18&C(2%&"1&'/(5&.#$%%&2%&
#1 & %"*(-%?("6' & )'8 &I#()* & (L'5(" & )( & 7'#( & ;,%" & %"*(,.?+,%8 & C%" & #."6%"1*1- & %0(%-., & !"5'?'F%"'*( & !"& 1,(#$%-(&/.')*,(3&*.*12%&)1"*(5&7(,%#%6%3&;("*,1&#+&/(0(5&2%&'1F%58
5(5.,%'&01$1-1%3&)'/'"*1-&#(,()#&0(01#(&;,%"&#'-#1-&5("*'-&*%5;1-&0(&#4"0&'&7.)*&#,('*&'#()*&01$&:& C',&#15&/(0(5&2%&'1F%5&".%D&C,'?1-&5(13&".%&'1F%5&#15&#1,?(&';'3&'1F%5&F?.5.*1-&,.6%-.,&0(&
#1&.&';,.L%5'6%(&0(&#4*(/'&5%%&0(&'"%8 *,("3&'1F%5&/1%(*1-&/'-1,%-.,&#(&)(&);',?&0(&6+,5&(*#8&I2'0',3&?,'6%(&#.,;1-1%&".)*,1&);%,%*1'-3&'1F%5&2%&
C(&-'&1-*%5'&#.@.,4,(&'&0%/%"1-1%&R)1)&;(&9+54"*&'1&*,(#1*&;()*(&<sqq&0(&'"%&*(,(2*,%8&I#(')*+& /(0(5&#(('&#(&'1F%6%&2%&/(0(6%&2%&/.%8&I#()*&'1F&2%&/+F&);%,%*1'-&()*(&-'&7(-&!"&*.*&1"%/(,)1-8
01,'*+&0(& *%5;&()*(&'*4*&0(&5%#+&;("*,1& ".%3&#'-#1-'*.,%%&5%-%',0(-.,&0(&'"%&).-',%3&!"#4*&"(& 7'#(& K%561-&1"%#&'-&".)*,1&;("*,1&'1F3&/+F&2%&)%56%,(&()*(&%5;,()%."'@%-&"15'%&0(&1"0(-(&/%@,'6%%-.,&
%5;,()%'&#+&C.5"1-&".)*,1&'&/("%*&'F%3&#+#%&":'&*,(#1*&.&F%&).-',+&0(&#4"0&S-&'&;-(#'*&0(&'%#%3&'0%#+&Vd& (*(,%#(8&a51-&(5%*(&)1"(*(&#4"0&/.,@(2*(&#1&1"&'-*1-8&C',&7%(&#+&?4"0(2*(3&7%(&#+&/.,@(2*(3&%"/.-1"*',3&
0(&.,(&).-',(&:&01;+&/.%8 (-&/'&(5%*(&7.,5(&!"&/%@,'6%(8&I#()*(&7.,5(&/.,&#%,#1-'&;,%"&(*(,1-&!"#."=1,+*.,8&J.%3&01$1,%-(3&/(0(5&
9("*,1&#+&".%&*,+%5&!"&=1,1-&'#()*1%&;+54"*3&-(?+5&#'-#1-(-(&".')*,(&).-',(&2%&0(&;+54"*1-&/.)*,13& '#()*(&7.,5(3&;,%"&7';*1-&#+&/%@,'6%%-(&-.,&%"*,+&!"&#.,;1-&".)*,1&7-1%0%#3&%',&);%,%*1-&-(&/(0(&2%&:&-1#,1&
0(.',(#(&5(,(1&*,(@1%(&)+&'/(5&!"&/(0(,(&(/("%5("*(-(&0(&;(&)1;,'7'6'&-1%8&C(&(L(5;-13&/,('1&)+& #%10'*&;("*,1&/.%&:&'/(5&%5;,()%'&#+&-(&2%&'1F%58
2*%1&#4"0&'1&0%);+,1*&#'&7%%"6(&7%F%#(&0%".F'1,%%8&H(&'2&;1*('&7'#(&#1&(,'&#,(2*%"+D&H(&)+&7'#&#1&(,'&-1%& 9,%"&1,5',(3&(L%)*+&0(.)(@%,%&!"*,(&;(,#(;6%'&1"1%&01$&-%@(,&2%&'&1"1%&01$&!"*,1;'*3&0(.',(#(&".%&
U.%)(D & J%5%#8 & J1 & 5%:', & 7% & 0( & 7.-.) & "%#% & 1"'3 & "%#% & '-*'8 & C', & 7+#4"0 & #'-#1-1- & ".)*,13 & );1"(5A& /(0(5&*.'*(&7.,5(-(3&0',&-(&2%&'1F%53&;("*,1&#+&/%@,'6%%-(&-.,&)(&*,'")7.,5+&!"&)1"(*(&;)%$%#(8&J.%3&
0%".F'1,%%&'1&0%);+,1*&!"&'"1-&s&).-',&2%&-'&.,'&t&).-',+8&R',&0'#+&/,(53&;1*(5&*,'01#(&'#(2*%&'"%&).-',%& 01$1,%-(3&5'%&'/(5&7'#1-*'*('&#'&.&0'*+&#(&'5&;,%5%*&.&7.,5+&2%&'5&!"6(-():.3&)+&.&*,'")7.,5+5&!"*,:.&
!"&'"%&;+54"*(2*%3&0',&',&7%&7.',*(&51-6%8&I2'0',3&)(&;.'*(&2*%&(L'#*3&#46%&'"%&)1"*&0(&#4"0 &);%,%*(-(& %0(( & .5("(')#+3 & '0%#+ & . & !5@,+#+5 & !"*,:1" & #1/4"* & ).".,3 & 2% & 0%" & %0(( & );'6%'-+ & 7'#(5 & 1" & #1/4"*&
#.")*,1#*.',(&'1&-1#,'*&'%#%&2%&'1&,(12%*&)+&7'#+&1"&'"15%*&*%;&0(&0%".F'1,3&2%&#4*&'&)1;,'/%(61%*&0'*.,%*+& .5("()#3&!"*,:.&-%5@+&*(,()*,+&:&,.54"+3&7,'"#(F+3&%*'-%'"+&(*#8&K1@&'#(')*+&7.,5+&%0(('&"1&5'%&()*(&
#-%5'*1-1%&0(&',1"#%8 #1".)#1*+&0(#4*&0(&#(-&#(&#1".'2*(&-%5@'&,();(#*%/+8
I2'0',&7.,5(-(&)1"*&?("(,'-(3&1"(-(&2%&'#(-('2%&!"&*.*&#.)5.)1-8

I#15&)+&/(0(5&#(&(&#1&".6%1"('&0(&);'6%18
9%#',0&):'&1,#'*&!"&'*5.)7(,'&;+54"*1-1%&;4"+&-'&.&!"+-6%5(&"('*%")+&0(&'-*1-&;4"+&',1"#% X&2%&/%&): PK0+*>)(+0+*)8#)$#,?+*)=+@+*+#
'&;+,1*&.&0%)*'"6+&(".,5+8&9("*,1&".%3&'#(')*+&0%)*'"6+&"1&,(;,(F%"*+&"%5%#3&#+#%&'*5.)7(,'&/.')*,+&)(&
!"*%"0(&;4"+&-'&';,.L%5'*%/&.&)1*+&0(&]%-.5(*,%&0(&-'&)1;,'7'6'&;+54"*1-1%3&1"0(&0%);',(&.,%#(&?'F3&2%&
0(&'#.-.&!"&)1)&!"#(;(&5'*(,%'&;1,&7-1%0%#+8&C',&2%&'#(')*+&0%)*'"6+&(&.&"%5%#'&*.'*+&;("*,1&1"&01$& I#15&)+:6%&/.,@()#&2%&0();,(&7(".5("1-&%"*%5&'-&'1F1-1%&2%&/+F1-1%&".)*,18
)1;(,%.,3&#',(&)(&!"'-6+&;4"+&-'&0.5%#%-%1-&)+1&7%,()#3&-'&)1*(&0(&5%%&0(&]%-.5(*,%&0(&;+54"*8 o,1"F(-( & 1"1% & #.;'# & *,(51,+ & 0%" & #'1F' & /4"*1-1%8 & o,(#',(' & '(,1-1% & 0( & (-( & ;,.01#( & 1" & 74)4%*&
H(&0%);,.;.,6%(&(".,5+&(L%)*+&!"*,(&".6%1"('&0(&);'6%1&'&1"1%&.5&2%&'&1"1%&);%,%*M&9("*,1&'&/+& ;',*%#1-',3&;(,#(;1*&0(&1,(#$%-(&/.')*,(&#'&.&7.,5+&);(#%'-+&0(&F?.5.*8&[.%&);1"(6%&#+&'#()*&F?.5.*&'&
01#(&-'&9',%)&/+&*,(@1%(&*,(%&F%-(&#1&*,("1-3&0',&".1+&"(&*,(@1%(&5'%&;16%"&0(&1"&5%"1*8&I*1"#%&#15& ).)%*&)1@&7.,5'&B1"0(-.,E&-'&1,(#$('&/.')*,+3&'&;1)&*%5;'"1-&!"&/%@,'6%(3&"(,/1-&'10%*%/&'&*,'");.,*'*&
,+54"(&#1&);'6%1-D&S)*(&')(5+"+*.,&#1&*%5;1-A&2&,(8'*%0%*'*(9&9("*,1&/.%3&0%)*'"6'&;4"+&-'&K'*1,"&;',(& /%@,'6%%-(&;(&#.,*(L3&1"0(&):'&!",(?%)*,'*&F?.5.*1-&2%&'&7.)*&*,'")7.,5'*&!"&)("F'6%(&0(&)1"(*8&I2'0',3&
1,%'2+Q&;("*,1&".%3&0'#+&"(:',&0'&/.%(3&'5&0(/.,'&'#(')*+&0%)*'"6+&2%&#1,4"0&'5&7%&'#.-.8&I2'0',&2%& /.%&#,(0(6%&#+&F?.5.*1-&):'&;,.01)&!"&e(L*(,%.,3&%',&)("F'6%'&!"&%"*(,%.,1-&)%)*(51-1%&#(,(@,'-8&9(&".%&
".6%1"('&0(&);'6%1&()*(&,(-'*%/+8 "(&'51F+&'#(')*+&;+,(,(&'&/.')*,+8&!"&,('-%*'*(3&!"&(L*(,%.,&"1&):'&;,.01)&0(#4*&.&/%@,'6%(3&%',&;(,#(;6%'&
9,%"&1,5',(3&);'6%1-&(L%)*+&2%&"1&(L%)*+3&0(.;.*,%/+8&K;'6%1-&(L%)*+&;("*,1&#(%&"(;1*%"#%.2%3&2%&"1& /%@,'6%(%3&'&F?.5.*1-1%3&):'&;,.01)&!"&);%,%*8
(L%)*+&;("*,1&5',%-(&o.,6(&#(,(2*%8&a&C%/%"%*'*(&0%"&K7(,'&0%/%"+&',&;1*('&)*,+@'*(&%5(")(-(&'@%)1,%&'-(& H4"0&)(&;,.01#(&1"&)1"(*3&1"&F?.5.*3&#,(0(6%&#+&"15'%&'(,1-&/%@,('F+8&!"&,('-%*'*(3&/%@,('F+&2%&
#.)5.)1-1%3&;4"+&'%#%&-'&".%3&!"&#4*(/'&5%"1*(8 7-1%01-& 0%"&)4"1-& )+18 &T,(#$('& ,(#(;6%."('F+& '#()*(& /%@,'6%%& (*(,%#(& #',(&7'#&)+& /%@,(F(& *%5;'"1-&
C',&0%"*,(&#(-(&0.1+&".6%1"%A&*%5;&2%&);'6%13&);'6%1-&()*(&#(/'&5'%&#."#,(*3&7%%"0&#%,#15)#,%)&!"& 1,(#$%%Q&;,%"&"(,/1-&'10%*%/&/%@,'6%%-(&(*(,%#(&)(&)#1,?&;4"+&!"&)%)*(51-&#(,(@,'-3&0(&1"0(&;,%"&01@-1-&
7.,5(8&I#(-('2%&#'1F(&'1&;,.01)&2%&*%5;1-3&2%&);'6%1-3&0',&(-(&'1&(7(#*(&0%7(,%*(8&P.'*(&%0(%-(&'@)*,'#*(& (*(,%#&'-&'#()*1%'&2%&';.%&;,%"&;(,%);%,%*&'=1"?&;4"+&-'&)#4"*(%(&)'1&);%,%*3&#',(&-(&/(0(&7.,5'8
'1&;.,"%*&0%"&G'@.,'*.,3&0',&.&-(?(&0%/%"+&.,0."+&#'&.,%#(&%0((&'@)*,'#*+&)+&7%(&*,'")7.,5'*+&!"&%0((& I#()*'&()*(&5(#'"%)51-&'1F1-1%&-'&/.%8&G'&".%3&,.-1-&"(,/1-1%&'10%*%/&()*(&=1#'*&0(&7-1%01-&#',(&
#."#,(*+3&!"&7';*+3&!"&'#6%1"(8 !5@%@+&'(,1-&/.)*,18
H."7.,5&'#()*(%&-(?%3&%0(('&0(&);'6%1&:&(5%)+&!"&G'@.,'*.,&:&*,(@1%(&)+&'%@+&.&!"7+;*1%,(&!"&-15('& C%"&#(-(&);1)(&5'%&)1)&,(%()(&#+&'(,1-&"1&7'#(&"%#%&1"&F?.5.*3&#%&"15'%&)(&5%2#+&2%&#+3&.&0'*+&#1&
#,('6%%-.,&7%F%#(3&,('-%F4"01:)(&!"&7.,5'&7%%"6(-.,3&;-'"(*(-.,3&)*(-(-.,&2%&1"%/(,)1,%-.,8&H$%',&%0(('&!"& (-3&/%@,('F+&2%&(*(,1-&#',(&*,'");.,*+&/%@,'6%%-(&,();(#*%/(&!"&%"*(,%.,1-&5(13&;4"+&!"&7'6'&);%,%*1-1%8&
)%"(&',(&.&7.,5+8&R0(('&#('8&5'%&'@)*,'#*+&*,(@1%(&)+&'%@+&.&7.,5+8&9,%"&(5%*(,('&1"(%&%0(%&-%;)%*(&0(& o,('5+*1-&7,1"F(-.,&"1#1-1%&0%"&7'6'&*'&.&;(,#(;(5&)1@&7.,5'&1"(%&#.,F%&!"&/%@,',(&)'1&#'&/'-1,%-(&
7.,5+3&):',&!"#+-#'&-(?('&0%/%"+&2%&1,5',('&',&7%&.&)17(,%"6+8 1"(%&';(8&S&0,(;*&#+&(&7.,5+&"(-+51,%*+3&0',&()*(&.&%5;,()%(&;,.;'?'*+&!"&*.*&#.,;1-&5(1&7-1%0%#8
?271"%#+,%&5%"&?(, UTT
>%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&:&F&521'&#',%(
UT\
U:'6%&;1*('&!"*,(@'A&BC',&#4"0&;(,#(;%&'#()*(&7.,5(&0(&F?.5.*(3&;.6%&#."*%"1'&)+&?4"0(2*%DE&C'3& U(#'"%)51-&0(&71"#6%."',(&2%&(/.-16%(&'-&1"1%&#.;%-&'%#%3&;(&;+54"*3&()*(&.&,(;,(F("*',(&)%"*(*%#+&
2%&!"&5%"%'*1,+3&'&(/.-16%(%&".%%&#,('*1,%3&'&01$1-1%:#.;%-3&0(&-'&.,%?%"(&2%&;4"+&-'&%"7%"%*8
(-(&"1&5+&!"*,(,1;&0%"&?4"0%,('&5('3&;,(#15&F?.5.*1-&'1*.5.@%-1-1%&"1:<&!5;%(0%#+&;(&2.7(,&)+& H1?(*4"03&H,('*.,1-&(5%*(&0%"&#.,;1-&K+1&.&)#4"*(%(8&a&0'*+&(5%)+3&('&()*(&!"/(-%*+&#1&7-1%01-&
.@)(,/(&0,151-&)'1&)+&'10+&#(-(&#.51"%#'*(&0(&!").6%*.,1-&)+18 0%"&5(0%1-&%"*(,"&'-&G'@.,'*.,1-1%3&7.,54"0&!5;,(1"+&.&7%%"6+&1-*,'5%#,.)#.;%#+3&"15%*+&01$&)'1&
U:'6%&;1*('&%',&!"*,(@'A&BC(&#(&"1&/(0(6%&7.,5(-(&0(&-15%"+DE&S&?,(1&)+&/+&(L;-%#3&;("*,1&#+&"1& );%,%*8&H4"0&P'*+-&'&(5%)&)#4"*(%'3&):'&?4"0%*&-'&0()*%"'6%'&(%&!"&-15(3&-'&7.,5'&#(&.&/'&!5@,+#'&;,%"&
(L%)*+&-15%"+&;("*,1&".%3&('&"((L%)*4"0&!"&"'*1,+3&#'&-15%"+&).-',+8&I*1"#%&/(6%&);1"(A&B[.%&)1"*(6%& )7(,(-(&#,('*(3&;(&;-'"(*(8&9,%"&?4"0%,('&K'3&H,('*.,1-&!")#,%(&0,151-&(/.-1*%/&1,5'*&0(&'#(')*+&
.,@%&;("*,1&-15%"+E8&J1&)1"*(5&.,@%3&0(.',(#(&:&01;+&#15&6%:'5&);1)&:&".%&/(0)5&*.*&#(&/(0(6%&2%& )#4"*(%(&!"&-15(8&H."7.,5&?4"01-1%&H,('*.,1-1%3&)#4"*(%'&/'&7%&!5@,+#'*+&#1&1"&'"15%*&7-1%03&2%&/'&
/.%3&"15'%&#+&/(0(5&!"&%"*(,%.,1-&".)*,1&7.,5(-(&-1#,1,%-.,&2%&'-&%0(%-.,8&J.%&/(0(53&0',&.#$%&"1& '/('&1"&'"15%*&0()*%"A&0(&5%"(,'-3&/(?(*'-&)'1&'"%5'-8
'/(58&C'#+&/,(53&/(0(5&;,%"&#,(2*(*1-&#';1-1%&:&%"(L%)*("*&h&;,%"&);'*(-(&)'1&;',*('&%"7(,%.',+&'& !"&)74"*'&p%@-%(&)(&);1"(A&BC15"(F(1&'&7+#1*&;(&.5&01;+&#$%;1-&2%&')(5+"',('&K'E8&S&7.',*(&
)7(,(%&".')*,(3&/(0(5&;,%"&*.'*(&;+,6%-(&#.,;1-1%&".)*,18&I#15&*(&/+0&;(&*%"(3&0',&"1&*(&/+0&.5("(2*(3& =1)*3&0(.',(#(&P'*+-&()*(&);%,%*&2%&#.;%-1-&K+1&(&*.*&);%,%*8&P'*+-&"(:'&7+#1*&-'&7(-&#1&S-3&'0%#+&.&817%"+9 &
#%&);%,%*1'-%#(2*(8&S1&/+0&;,%"*,:1"&5(#'"%)5&0%7(,%*&0(&'-&*+18 J1&"(:'&7+#1*&.'5("%&*,1;(2*%3&01;+&#$%;1-&2%&')(5+"',('&G1%3&#%&"(:'&#,('*&01;+&#$%;1-&#1-(*181%&
[.%&'7%,5'6%&#+&%5'?%"('&.@%(#*(-.,&(L*(,%.',(&)(&7.,5('F+&;(&,(*%"+Q&01;+&1"%%&:&'#(')*+&%5'?%"(& K+18&a51-&"1&7'#(&#')'3&5')'3&#'"'3&01;+&#$%;1-&2%&')(5+"',('&-1%3&#%&01;+&')(5+"',('&#1?(*+,%%&
,+54"(&;(&,(*%"+&2%&"15'%&%5;,()%'&5(,?(&;,%"&"(,/1-&.;*%#&-'&#.,*(L3&%',&01;+&'-6%%&:%5'?%"('&',&7%& )'-(8&o.,5'&5()(%&()*(&01;+&#15&'&#1?(*'*&.51-8&I2'0',3&.51-1%&%&):'&0'*&;(&;+54"*&7.,5'&01;+&
*,'");.,*'*+&0(:'&-1"?1-&"(,/1-1%&.;*%#&;4"+&-'&)%)*(51-&#(,(@,'-3&1"0(&()*(&;(,#(;1*&2%&*,'")7.,5'*&!"& #$%;1-&#1?(*'*&0(&H,('*.,8
)("F'6%(8&S1&0(2%&":'5&.#$%3&"(,/&.;*%#3&)%)*(5&#(,(@,'-3&/+0&#'&*%"(&-'5;'&(-(#*,%#+&2%&-15%"'&#(&.& H,('*.,1-&',(&7.,5'&)7(,%#+&:&7.,5'&;,%5+&2%&;(,7(#*+&0%"&#.)5.)8&H,(4"0&01$1,%&C%/%"%*'*('&-(&
,+);4"0(2*(3&*(&/+0&;(,7(#*&2%&;(&*%"(3&0',3&,(;(*&!"#+&.&0'*+3&*(&/+0&;,%"*,:1"&5(#'"%)5&0%7(,%*&0(&#(-& 7'#(&2%&;(&(-(&)7(,%#(3&.?-%"0%"01:)(&#'&7.,5+3&!"&#.;%%%&K+%&01$1,%8&J1&"(:'&7+#1*&;(,7(#6%3&#+#%&'*1"#%&
2*%1*&0(&2*%%"6'&/.')*,+&;+54"*(')#+8 ',&7%&#,('*&C%/%"%*+6%&')(5("('&G1%8&I5&7.)*&#,('6%&;(,7(#6%&"15'%&0%"&;1"#*&0(&/(0(,(&7%F%.-.?%#3&
S1&/+0&!"&%"*(,%.,1-&5(13&%',&"1&-'&(L*(,%.,3&#15&#,(0(6%&/.%8&o.,5'&-+5;%%&*'-(&)(&.?-%"0(2*(&!"& 71"#6%."'-3&%',&%5;(,7(#6%3&"(;1*%"#%.2%3&0%"&;1"#*&0(&/(0(,(&);%,%*1'-8
(*(,1-&0%"&'#(')*+&.0'%(3&!"&(*(,1-&#',(&.&!"#."=.',+8&9,%"&1,5',(3&(*(,1-&0(&'%#%&,(;,.01#(&7.,5(-(& G'&!"#(;1*3&*.6%&#.;%%%&C%/%"%*+6%%&)1"*&7%%"6(&/%%&:&/+03&?4"0()#&2%&)(&$,+"()#&:&!"*,1#4*&%5(0%'*&#(&
.@%(#*(-.,&'7-'*(&!"&'#(')*+&.0'%(8&J('/4"0&.#$%3&"1&/+0&-'5;'&0%,(#*3&#%&.&/+0&%"0%,(#*3&/+0&7.*.?,'7%'& '1&7.)*&(5%)(3&!"#(;&)+&,();%,(3&'@).,@%"0&0%"&5'*(,%'&G'@.,'*.,1-1%&7-1%0&2%&(-%5%"4"0&;(&#(-&1F'*&
(%&(*(,%#+3&-'&7(-&#15&*1&/(F%&!"&.?-%"0+&.@%(#*(-(&0%"&'#(')*+&#'5(,+8&I#()*&(*(,&/%@,('F+&!"*,:1"'3&2%& ;,%"&(L%)*("6'&-.,8&I#(')*+&'@).,@%,(3&)'1&$,+"%,(3&01$1-&.&/'&7'#(&!"&/(#%%&/(#%-.,3&.,%1"0(&/'&7%8&R"&
/%@,'6%%-(&-1%&)(&5.0(-('F+&-14"0&7.,5'&#.5;-(*+&'&-+5;%%8&a0'%'&*'&(&;-%"+&0(&5.0(-(&(*(,%#(&'-(& #."#-1F%(3&01$1-:#.;%-&(&/%13&*,+%(2*(3&0',&(&"1-&0%"&;1"#*&0(&/(0(,(&);%,%*1'-8
.@%(#*(-.,&0%"&('8&S-(&)(&.;,()#&'%#%3&!"*,(&;(,(6%%&'#()*(%&#'5(,(3&0',&#4*(.0'*+&;.*&;-(#'&5'% H(-&#(&!6%&/.,@(2*(&()*(&7.,5'*&0%"*,:.&)#4"*(%(3&;',*('&()("6%'-+&'&7%%"6(%&5(-(3&')(5("('&#(-(%&'&
0(;',*(3&;,%"&;(,(6%8 H,('*.,1-1%8&I;.%&'5&!"&=1,1-&5(1&5'*(,%'&7-1%0%#+3&;,%5+3&0%"&G'@.,'*.,3&2%&!"&7%"(3&.&)(,%(&0(&$'%"(&
I2'0',&".%&/(0(5&2%&'1F%5&!"&%"*(,%.,3&;,%"&%"*(,5(0%1-&7.,5(-.,&(*(,%#(8&R"&0(7%"%*%/3&2%&/.%& 7-1%0%#(&0%"&-.#1,%-(&;(&1"0(&'5&*,(#1*3&;4"+&'5&'=1")&'%#%8&K#4"*(%'&5('&"1&(&0(&7.#3&"1&',0(&2%&"1&
/(0(6%&-'&7(-&#'&2%&".%3&#1&0(.)(@%,('&#+&-'&/.%&)(&%"*(,;1"(&*,1;1-&#1&.,?'"1-&)+1&0(&/+F8&[.%&/(0(6%& (5'"+&#+-01,+3&('&)('5+"+&#1&.&)#4"*(%(&(-(#*,%#+3&#1&.&-15%"%6+3&2%&*.*12%&"1&()*(&.&)#4"*(%(&;,.;,%1:
.@%(#*1-&5'*(,%'-3&".%&/(0(5&%5'?%"('&(*(,%#+&'&'#(-1%&.@%(#*3&!")+&%5;,()%'&()*(&'#(('2%&-'&'54"0.%8 F%)+8&!"&=1,1-&(%&()*(&#.,;1-&5(13&1"&#.5;-(L&0(&7-1%0(3&;(&#',(&-(&;.*&0(F@,+#'&2%&,(!5@,+#'8&H4"0&/'&
C(.)(@%,('&#('&5'%&5',(&!"*,(&/.%&2%&".%&()*(&#+&/.%&/(0(6%&"15'%&.@%(#*(-(&;,(F("*(&!"&7'6'& 7%&)+&;+,+)()#&9+54"*1-3&!5%&/.%&0(F@,+#'&!"/(-%21-&7-1%0%#&;,.;,%1&'-&'#()*(%&;-'"(*(8&K#4"*(%'&"1&)(&
/.')*,+3&;(&#4"0&".%3&;,%"*,:1"&(7.,*3&/(0(5&!"&(*(,&2%&7.,5(-(&/(#$%3&0%);+,1*(8&S&?,(1&)+&/(F%&7.,5(& ;.'*( & 0%/%F'8 & J%#%.0'*+ & 2% & "%#+%(,% & "1 & ):' & 0%/%F'* & /,(1" & 01$8 & I2'0',3 & ("*%*+6%-( & );%,%*1'-( &)1"*&
%5;,%5'*(&!"&(*(,&!"&1,5+&#1&1"'&)'1&0.1+&)1*(&0(&'"%3&7%%"0&"(#()',(&'"15%*(&#1".2*%"6(&0%"&;',*('& %"0%/%F%@%-(8&a&0%/%F',(&',&(#$%/'-'&#1&0%)*,1?(,('3&#1&5.',*('8&a,&01$1-&()*(&"(51,%*.,8
01$1-1%8&J15'%&01$1,%-(&)1;(,%.',(&2*%1&)+&)*4,"(')#+3&0%"&7-1%01-&1"(%&(;.#%&.',(#',(3&7.,5(-(&)'1 H,('*.,1-&)(&$.*+,+2*(&)+&#,((F(8&S-&?4"0(2*(&2%3&?4"0%"03&(5%*(&0%"&#.,;1-&K+1&7-1%0%#&:&%',&"1&
#-%2((-(&(/("%5("*(-.,&0(&'*1"#%8 0%"&K#4"*(%'&K'&:&.&;',*%#1-+&#',(&'&0(/("%*&)#4"*(%'&5('3&)'1&'&.,%#+,1%&'-*&01$8
o.,5(-(&)1"*&0(;1)(&!"&'#()*(&(*(,1,%3&#'&2%&0.)',(-(&!"*,:.&',$%/+3&0(&1"0(&;.*&7%&)#.')(&;,%"&
'#(-'2%&"15+,&0(&/%@,'6%%&#1&#',(&):'1&!",(?%)*,'*&)'1&#.;%'*8&I#(')*+&',$%/+3&'#()*(&7-1%0(&"1&)(&'7-+&
'%#%3&=.)3&#%&)1)3&7.',*(&)1)3&!"&F."(-(&#(-(&5'%&!"'-*(&'-(&'*5.)7(,(%&7-1%0%#(&*(,()*,(8&C'#+&(2*%&01$& H,(',('&;,(5(,?+*.,%-.,&01$1,%-.,
)1;(,%.,3&#'16%&)+&'7-%&#1&#(&/%@,'6%%&'1&7.)*&!",(?%)*,'*(8&9.)(04"0&'#(')*+&#$(%(&;.6%&7'#(&)+&)(&
0()7+2.',(3&')(5("('&1"1%&7%-5&0(&#%"(5'*.?,'73&(/("%5("*(&0%"*,:.&(;.#+&.',(#',(3&)'1&/%'6'&*,+%*+&
0(&1"&.5&*,1;()#3 C1;+&#(&6%:'5&7+#1*&#1".)#1*&#+&C%/%"%*'*('&'&#,('*&7.,5(-(&5'*(,%'-(&!"&G'@.,'*.,1-&-15%-.,3&
;.*&)+:6%&'7%,53&1"&'0(/+,&5'%&;,.71"0A &"1&>%0%"%*'*('&4,%7+&#,(('M+&'#()*(&;2,7(/&#%&'"17%*(&
R"*%*+.%&)4%,%*1'8(&5%"&:'A2,'*2,9
U1"#'&()*(&0%/%F'*+&2%&!"&G'@.,'*.,3&#'&!"&-15%-(&".')*,(8&U',(-(&K*+;4"&'-&-15%-.,&"1&5'%&
K#4"*(%'&0%/%"+&()*(&.&1"%*'*(&%"0%/%F%@%-+ #,(('F+&"%5%#3&S-&0.',&#."01#(8&!"&G'@.,'*.,&(L%)*+&S"*%*+6%&);%,%*1'-(&7.',*(&(/.-1'*(3&#',(&.0%"%.',+3&
!"&1,5+&#1&.&/(2"%#%(3&'1&7.)*&#,('*(&*.*&0(&C%/%"%*'*('&)1;,(5+3&2%&;,%"&(/.-16%(&"()74,2%*+&'1&'=1")&
C,'&?+&7,'*(3&5+&!"*,(@%&0'#+&.#1-*%)*1-&S-r&K*',&);1"(&'0(/+,1-&'*1"#%&#4"0&'7%,5+A&BN,(2%"03& G1#,+*.,% & 0%/%"%3 & !" & '#(')*+ & 1,%'2+ & K7(,+ & 7-1%0%#+8 &I#(2*% & G1#,+*.,% & '% & G'@.,'*.,1-1% & )1"* & "15%6%&
);%,%*1-&):'&,1;*&!"&0.1+&;+,6%&:&1"'&;.F%*%/+&2%&'-*'&"(?'*%/+&:&%',&;,%"&(/.-16%(3&'5@(-(&;+,6%&)(&/.,& ?,('*2,%&5(&;2,7(9
,(?+)%&2%&1"%E8&U+&5%,&0(&1"0(&'&)#.)&'#(-&'1*.,&%0(('&,();(#*%/+8&J1&5%:.&(L;-%#&0(#4*&;,%"&7';*1-&#+& H,('*.,%%&0(&7.,5(&"1&7'#&0(#4* &);(,18( &#1?(*+*.',(3&#',(&2*%1&)+&)(&5%2*(3&0',&"1&'1&!"#+&.&
'0(/+,1-&.,%?%"'-&'&*,(#1*&;,%"&5'%&51-6%&'1*.,%&2%3&"(7%%"0&!"6(-()3&'&7.)*&0(7.,5'*&;4"+&'&,(F1-*'* %"0%/%01'-%*'*(&);%,%*1'-+&;,.;,%(8
.&')(5("('&(".,5%*'*(8 [%1&()*(&2%&7-1%01-&#(&15;-(&#.)5.)1-3&0(&'%#%&0(&-'&".%&;4"+&!"&#("*,1-&G'@.,'*.,1-1%3&0',&'#()*(%&
K#4"*(%'&0%/%"+&()*(&.&1"%*'*(&%"0%/%F%@%-+8&S'&"1&;.'*(&)17(,%&)1@0%/%F%1"%3&7%%"0&1"&*.*&;(,7(#*8& )1@)*'"6(&0'#+&%:'%&0'&.&7.,5+3&"1&.&;.'*(&;+)*,'&!"&/(2"%#%(8&!"&'#()*&7-1%0&/%1&;-1*%5&".%3&("*%*+6%-(&
P(&/(%&!"*,(@'&#15&0(&'7%,5&#+&)#4"*(%'&0%/%"+&()*(&;(,7(#*+3&#4"0&('&()*(&)1;1)+&(/.-16%(%3&#1&)#.;1-& );%,%*1'-(3&7%%"6(&/%%3&*,+%*.',(&!"*,:.&'4+&0%(9
0(&'&)(&;(,7(#6%."'8&C(.#'50'*+&!6%&,+);1"0&#+&)#4"*(%'&0%/%"+&()*(&1"&%")*,15("*&;(,7(#*&0(&(/.-16%(8 H,('*.,%%&0(&7.,5(&'1&0.',&;1*(,('&2%&2*%%"6'&)+&7'#+&0%"&'#(')*+&';+&/%(&2&;2,7+&0(3"%#+&3%&0%(/&
C%/%"1-&#,(('F+&.&7%%"6+&%0("*%#+&#1&S-3&0',&'#(')*+&#,('6%(&"1&;.'*(&-1#,'&')(5("('&H,('*.,1-1%& #',(&0(.#'50'*+&"1&()*(&);%,%*&)'1&01$8
)+18&I%#%3&;(&;+54"*3&5'5'&2%&*'*'&0'1&"'2*(,(&1"(%&7%%"6(&;(,7(#*(&#'&%")*,15("*3&0',&('&"1&;.'*(& U+&7,+54"*&#15&)+:%&F%#&'#()*(%&7.,5(&/%%3&)%56%*.',(&2%&#1&/.%"6+3&#',(&0(.#'50'*+&"1&()*(&
71"#6%."'&0(&-'&!"#(;1*&#'&;+,%"6%%&)+%8&9,1"#1-&',(&'#(-('2%&71"#6%%&7%F%.-.?%#(3&0',&-'&"'2*(,(&)1"*& );%,%*8&R'*+3&5%:'&/("%*&1"&?4"0A&)+:%&F%#(5&;2,0%(&6&!")(5"4"0&7.,5+&/%(3&)'1&7.,5+&#1&/%'6+8
7.',*(&,(01)(8&C%/%"1-&H,('*.,&#,(('F+&2%&S-3&!"&G'@.,'*.,3&.&7%%"6+&%0("*%#+&K%(2%3&0%"&;1"#*&0(&/(0(,(& o."0'&)(&0(.)(@(2*(&0(&/%'6'&)'1&7-1%01-&/%1&#',(&15;-(&#.)5.)1-&2%&()*(&-%;)%*+&0(&.&7.,5+&
7%F%.-.?%#3&0',&%5;(,7(#*+&0%"&;1"#*&0(&/(0(,(&);%,%*1'-8&I2'0',&)#4"*(%'&0%/%"+3&0(2%&()*(&7.,5'*+&0%"& ;(,5'"("*+8&I)(5("('&7.,5(:/%'6+&)'1&7.,/%%&)(&#,(('F+&"15'%&!"&G'@.,'*.,8&c(;(*A &'#()*(&;2,7( &
'#(('2%&5'*(,%(&#1&'&P'*+-1%3&"1&',(3&'*,%@1*(-(&0()+/4,2%*(&'-(&P'*+-1%8&I2'&0(&(L(5;-13&P'*+-&',(&.& );(,%#(/&0%%&3%&)%7.%*2',(/&#',(&3*%1&)+&)(&7%3*(/&"1&)1"*&)4%,%*(&"%#%&5(&7%"(,'8/&"%#%&5(&0(-(*'8/&"%#%&5( &
5(5.,%(&%"7%"%*+3&#+#%&S-&2*%(&*.*&#(&'&#,('*&0%"&(*(,"%*'*(&2%&',(&!"&5("*'-1-&K+1&*.'*(&(L;(,%("6(-(& '"%7'8&)'1&279&R8(&"1&)1"*&5(#E*&4,%"#%4%18/&!"#(41*18&5%"&#',(&)(&0'&;2,7'&1"&51$9
#,('6%%-.,&K'-(&*,(#1*(8&S%&@%"(3&".1'&#,('*1,+&"1&',(&"%5%#&0%"&#(('&#(&;.)(0+&H,('*.,1-8
V__ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&52/
a&%( ?271"%#+,%&5%"&?(, V_U
C%"&5'*(,%'& ;,%5+3&'7-'*+&!"&G'@.,'*.,3 &o.,6(&);%,%*1'-(&"15%*( &?,('*2,%&5(&;2,7( &'1& #,('*&
;2,0%%8(9&c(6%"(6%&#+&'#(2*%&H,('*.,%&"1&)1"*&!"#+&C%/%"%*+6%3&#%&);%,%*(&7.',*(&(/.-1'*(3&#',(&01;+&#(&2%: Q& & &P.*&#(&)(&;(*,(#(&;(&9+54"*&*,(@1%(&%5(0%'*&#.51"%#'*&N1/(,"'*.,1-1%&9+54"*1-1%3&#',(&',(&
'1&*(,5%"'*&2#.'-'&!"&)7(,'&#.)5%#+3&'1&,(/("%*&!"&)4"1-&G'@.,'*.,1-1%3&1"0(&-%&):'&#."7(,%*&?,'01-&0(& ?,'01-&0(&!"-(,6#+4(*("%(&2%&()*(&,(;,(F("*'"*1-&P'*+-1%&)1;,(58
?,('*2,&5(&;2,7(&)'1&;2,0%%9&S%&'1&!"#+&!"&7'6+&.&)#',+&-1"?+&0(&1,#'*3&);,(&,'"?1,%&2%&5'%&!"'-*( 8&Q&o1"#6%'&0(&N1/(,"'*.,&'-&9+54"*1-1%&'&7.)*&%")*%*1%*+&#$%',&0(&-'&7'#(,('&;-'"(*(%8&N1/(,"'*.,1-&
C(2%&'#()*(&7.,/%%&)1"*&%0("*%#(&!"*,(&(-(&#'&7.,5+3&*.'*(&7%%"0&)7(,1-(3&":'1&*.'*(&'#(('2%&#';'#%*'*(& ;-'"(*',&'&;,(F%0'*3&;,(F%0('F+&2%&/'&;,(F%0'&'*4*'&*%5;&#4*&(L%)*+&9+54"*1-8&C(&5%-%',0(&0(&'"%&S-&
)'1&/%*'-%*'*(8&P.*1-&0(;%"0(&0(&?,'01-&0(&#1".2*%"6+&'&H,('*.,1-1%&0(&7.,/%%&#',(&-(:'&7+#1*8 #."01#(&'#(')*+&;-'"(*+8&o1"#6%'&0(&N1/(,"'*.,&;-'"(*',&()*(&;(,5'"("*+3&0',&#(-&#(&.&!"0(;-%"(2*(&
C1;+&#(&'1&#%,#1-'*&1"&'"15%*&*%5;3&'#()*(&7.,/%%&)1"*8&.;,%*(&0%"&5%2#',('&-.,&2%&'*,')(&0(&("*%*+6%& ()*(&)#$%5@'*8
);%,%*1'-(&5'%&(/.-1'*(&0(#4*&H,('*.,%%&0(&7.,5(3&("*%*+6%&#',(&'1&?,'01-&0(&C%/%"%*'*(&2%&)(&"15()#& T"1-&0%"*,(&N1/(,"'*.,%%&9+54"*1-1%&()*(&'#15&);%,%*1-&#',(&!"*,:1"'&0%"&!"*,1;+,%-(&)'-(&'&7.)*&
>%0%"%*+.%&5(&)4%,%*1'8%M',(9 #."01#+*.,1-&(/,(%-.,&0%"&S?%;*&);,(&H'"''"8&C(='&#%*()#&!"&5%"*('&#%*%*.,1-1%&#,(2*%"&.&%0((&,(*,.?,'0+&
I#()*(&o.,6(&0%/%"(3&>%0%"%*+.%&5(&)4%,%*1'8%M',(&;,(-1#,('F+&7.,/%%-(3&'0+1?4"01:-(&1"&7-1%0&#1& 2%&1"&)("*%5("*&0(&#."*,',%(*'*(3&0',&*.*12%3&'#()*'&()*(&'0(/+,1-8&I7-'6%&#+&N1/(,"'*.,1-&9+54"*1-1%&
0',1-&0(&'&-(&#."7(,%&);%,%*1'-%*'*('3&2%&')*7(-3&7.,/%'3&0(/%"(&.&;2,0%)4%(&6&7.,5+:/%'6+:);%,%*8 "1&()*(&"%#%&(/,(13&"%#%&(?%;*('"3&"%#%&#,(2*%"3&#%&()*(&7+1,%*.,1-&1"(%&,(-%?%%3&!"*(5(%'*+&0%"&.,0%"1-&
C%/%"%*+6%-(&0(&);%,%*1'-%F',(&(L'5%"('F+&7.,/%%-(&2%&0(01#&#(&7(-&0(&7%%"6(&/.,&;1*('&7'#(&0%"&(-(8& K1/(,'"1-1%&'#()*1%&)%)*(5&).-',&:&7.)*1-&R)1)3&;,(#15&*.*&S-3&N1/(,"'*.,1-&).-',&'&.,0."'*&!"*(5(%(,('&
o'*'-%*'*('&)'1&-(?('&-(&#.5'"0+&#(&7(-&0(&#'"0%0'*&0(&01$&)+&7'#+&0%"&7.,/%%8&C1;+&7(-1-&#15&'1&7.)*& #(-.,-'-*(&,(-%?%%3&0(&#+*,(&p10$'3&H."71#%1)&2%&U'$.5(08
#,('*(3&01;+&#."#(;6%'&5("*'-+&'&H,('*.,1-1%&0(&7.,/%%&#(&'&;,(F%0'*&-'&7.,5',('&(%3&7.,/%'&/' &7%& N1/(,"'*.,1-&;-'"(*',&*,(@1%(&)+&7%(&-'&#1,("*&#1&*.*&#(&)(&;(*,(#(&;(&9+54"*3&%',&-'&,4"01-&)+13&
;,(-1#,'*+&0(&C%/%"%*+6%-(&0(&);%,%*1'-%F',(3&0(/("%"0&7.,/%);%(&0(&5%"(,'-3&/(?(*'-3&'"%5'-&)'1&.58 ',(&.@-%?'6%'&)+&!"2*%%"6(F(&;(&K*+;4"1-&)+1&0%,(#*&:&N1/(,"'*.,1-&).-',3&0(&*.*&#(&)(&;(*,(#(&;(&
9,%"&1,5',(3&(L%)*+&5'%&51-*(&#'*(?.,%%&0(&H,('*.,%&0(&7.,5(&)'1&7.,/%%8&9,%5'&#'*(?.,%(&"1& '#(')*+&)7(,+&'&!5;+,+6%(%&K'-(3&0%"&;1"#*&0(&/(0(,(&;.-%*%#3&).#%'-3&5.,'-&2%&);%,%*1'-8
;.'*(&)+& 7'#+&0(#4* &;2,0%%&7%"(,'8(9 &9(&.&*,(';*+& )1;(,%.',+&/., &7%&H,('*.,%%&0( &;2,0%%&0(-(*'8(9& N1/(,"'*.,1-&).-',&()*(&5'%&5',(&!"&?,'0&0(#4*&!"?(,%%&K+%&).-',%&2%&5'%&5',(3&@%"(!"6(-()3&2%&0(#4=A&
T,5('F+&'&*,(%'&#'*(?.,%(&:&H,('*.,%&5(&;2,0%%&'"%7'8(&2%3&!"&7%"(3&H,('*.,%%&5(&;2,0%%&17'"(9 N1/(,"'*.,%%&;-'"(*',%&'%&)%)*(51-1%&K+18&C%"&'#(')*+&#'1F+3&S-&;.',*+&*%*-1-&0( &`%1&5(&>17"(M(19 &!"&
o.,/%'&5%"(,'-+&()*(&.&7.,5+&#,('*+&0(&1"&H,('*.,&0(&7.,5(&!"#(;+*.,3&#',(&#,(('F+&.&7.,5+&5'%& =1,1-&o%1-1%&0(&C15"(F(1&)1"*&!"?(,%%&K+%3&');%,'"6%&-'&,'"?1-&0(&o%%&0(&C15"(F(18&S%&)1"*&5'%&5',%&
12.',+3&%5;(,7(#*+8&C%/%"%*'*('&);%,%*1'-%F'"*+3&01;+&#(&'"'-%F('F+&7.,/%'3&!%&'0'1?+&#(/'&0%"&5(0%1-& 0(#4*&N1/(,"'*.,%%&;-'"(*',%8&N1/(,"'*.,1-&).-',&!5;,(1"+&#1&'#(2*%&');%,'"6%&0(&o%1&0(&C15"(F(1&
'5@%'"*8&J.%3&01$1,%-(&!%&F%#(5&'#()*(%&.;(,'6%%&%")1;8',(&5%0%"+9&C%"&'#()*&5.5("*3&7.,/%'&'&0(/("%*& 7.,5('F+&?',0'&0(&!"2*%%"6',(&'&T"%#1-1%&0%"&G'@.,'*.,8&H4"0&)1"*&*,%5%2%&!"&5%)%1"%3&S%&;.*&)*,+@'*(&
.&7.,/%);%(8 );'6%%-(&1"%/(,)1-1%&0(&-'&1"&')*,1&-'&'-*1-3&;1*4"0&#+-+*.,%&;4"+&!"&K7(,'&0%/%"+8
!"&G'@.,'*.,&(L%)*+&5'%&51-*(&?,'0(&0(&C%/%"%*+6%&0(&);%,%*1'-%F',(&)'1&>%0%"%*+.%&%")1;8+*2',(9&
o%(#',(&/'&);%,%*1'-%F'&"15'%&'#('&7.,/%(&#',(&'&7.)*&7+#1*+&;("*,1&.&'"15%*+&0()*%"'6%(3&#.,();1"F+*.',(& C%/%"1-& ".)*,1&N1/(,"'*.,&).-',&;.)(0+& .&5(5.,%(&/')*+8&S-& '&/("%*&'%#%&#1&*.'*+& ?'5'&0(&
?,'01-1%&K+18 5'*(,%%&2%&01$1,%&;("*,1&'&7.,5'&'#()*&)%)*(53&;(&#',(:<&/'&;,(F%0'&;4"+&-'&0%);',%6%'&#(-(%&0%"&1,5+&
a&0'*+&7.,/%);%%-(&5%"(,'-(&7.,5'*(3&/.,&7%&*,%5%)(&!"&-15(3&!"&)7(,'&#,('*+3&;("*,1&'&%"*,'&!"& ;-',%(*(&:&).',(-(&".)*,1&'#*1'-8&N1/(,"'*.,1-&).-',&()*(&%"7.,5'*&0(&*.*&#(&)(&;(*,(#(&;(&'-*(&')*,(3&
#.")*%*16%'&".%-.,&;-'"(*(&#(&)(&/.,&#,('3&'"%54"0&5%"(,'-(&2%&(/.-14"0&!"&)4"1-&-.,&5%-%',0(&0(&'"%8& ;,(#15&2%&;(&;-'"(*(-(&-.,8&S-&#.51"%#+&5("*'-&9+,%"*(-1%&K+1&*.*&#(&)(&;(*,(#(&!"&)%)*(51-&K+18&I2'&
C1;+&#(&/.,&7'#(&(/.-16%'&-.,&#.5;-(*+&!"&)7(,'&#,('*+3&#'&5%"(,'-(3&7.,/%);%%-(&5%"(,'-(&)(&!"*.,#&!"& 0(&(L(5;-13&#4"0&'1&;%(,%*&'"%5'-(-(&'"*(0%-1/%("(3&S-&'&#.51"%#'*&T"%#1-1%&0%);',%6%'&-.,&0(&;(&
G'@.,'*.,8&I#153&7.,/%);%%-(&5%"(,'-(&/.,&7%&'*,')(&0(&'-*(&C%/%"%*+6%&%")17-+*.',(3&2%&*,'")7.,5'*(&!"& ;+54"*8&C%/%"1-&P'*+&)1;,(5&):'&!"*,%)*'*&2%&'&0'*&.,0%"&#'&'#()*.,&/%(61%*.',(3&'-(&#+,.,&7.,5(&):'1&
7.,/%);%%&/(?(*'-(8&C1;+&#(&/.,&7'#(&(/.-16%'&-.,&#.5;-(*+&!"&)7(,'&#,('*+3&7.,/%);%%-(&/(?(*'-(&)(& !")#,%)&;(&/(#%&!"&',$%/'&1"%/(,)1-1%3&)+&-%&)(&7'#+3&0(&#+*,(&!"?(,%%&#.")*,1#*.,%3&#.,;1,%&".%3&;(&'-*(&
,(!"*.,#&!"&G'@.,'*.,3&1"0(&/.,&7%&0%"&".1&%")17-'*(&2%&*,'")7.,5'*(&!"&7.,/%);%%&'"%5'-(8&R"&7%"(3&01;+& ;-'"(*(3&'=1")(&-'&?,'01-&9+54"*1-1%3&;(&/,(5('&#4"0&;.)(0'&')(5("('&7.,5(&0(&*,1;1,%&'"%5'-(8&
#(:2% & *(,5%"+ & (/.-16%' & !" & )7(,' & #,('*+3 & 7.,/%);%%-( & '"%5'-( & )( & ,(!"*.,# & !" & G'@.,'*.,3 & 1"0( & /., & 7%& I#15&'#(-(&'"%5'-(&'-(&".')*,(&*,+%()#&;(&'-*(&;-'"(*(3&5'%&*%"(,(&0(#4*&9+54"*1-8
*,'")7.,5'*(&!"&7.,/%);%%&15'"(&:&.&(*';+&'"*(,%.',+&01$1-1%&15'"8 P'*+-&'&?,+%*&H.")*,1#*.,%-.,&K+%A&iS%#%&2&0%(*'*(/&"%#%&#('&7'%&7%#+&4')+,(&)'1&%")(#*+/&"%#%&2
C%" & #(-( & (L;1)(3 & ,(F1-*+ & #+ & (L%)*+ & ;'*,1 & #'*(?.,%% & 0( & H,('*.,% & 0( & 7.,5( & )'1 & 7.,/%% & 2% & ;'*,1& #,('.%(&5(6'&J('&)+&"1&;%(&;+,+&#1%A18&)+1&a48'"(*'&)'&h&3%&;+,+&*,1418&)+1/&!"&#',(&)+&(0281(M(k9
#'*(?.,%%&0(&C%/%"%*+6%&%")17-+*.',(8&S/.-14"0&0%"&*,(';*+&!"&*,(';*+3&%(,',$%'&G1#,+*.,%-.,&0%/%"%&0%"& P'*+-&()*(&!"2*%%"6'*&0(&(/("%5("*(-(&%5;.,*'"*(3&2%&"1&0(&*.'*(&!"*45;-+,%-(&5+,1"*(3&#'&0(
K7(,':G'@.,'*.,&1,#+&*.*&5'%&)1)3&;4"+&'=1"?&-'&N1/(,"'*.,1-&C%/%"%-.,8&9,%"&%"#.5(")1,'@%-'&K'& (L(5;-1A&1"&.',(#',(&01$&!"*1"(#'*&'&!"#+-#'*&-(?('&0%/%"+&2%&'&.5.,4*8&I#(')*+&7';*+&()*(&-+)'*+&!"
%"*(-%?("6+&2%&/.%"6+3&N1/(,"'*.,1-&C%/%"%-.,&0%"&K7(,':G'@.,'*.,&/(?$('F+&-'&';-%#',('&,%?1,.')+&'& )('5'&)-1=%*.,%-.,&P'*+-1%3&0(&;(&;-'"(*'&,();(#*%/+8
-(?%-.,3&'*4*&!"&G'@.,'*.,3&#4*&2%&!"&#(-(&;'*,1&)7(,(&#,('*(3&#',(&)(&,.*()#&!"&=1,1-&K7(,(%&0%/%"(8 !" & ,(F15'*3 & P'*+- & e)1;,(5 & ()*( & !"2*%%"6'*3 & ;( & #'-(' & 1"0(-.,3 & 0( & N1/(,"'*.,1- & ).-',3 & #+,1%'&
N1/(,"'*.,1-&;-'"(*',&!%&#.51"%#+&*.*&#(&)(&!"*45;-+&;(&;-'"(*'&)'8
C%"&*%5;&!"&*%5;3&;-('#+&0%"&K.',(&#4*(&1"&!"?(,&).-',3&!"&5%)%1"(&;(&7%(#',(&;-'"(*+&'&'#()*1%&
)%)*(58&a,%#(&!"?(,&'-&;-'"(*(%&".')*,(&()*(&1"&)%5;-1&!"?(,&;-'"(*',3&0',&.,%#(&!"?(,&).-',&/("%*&!"&
!"2*%%"6',('&P'*+-1%&0%/%"&0();,(&*.*&#(&)(&;(*,(#(&!"&#.)5.) 5%)%1"(& ;(& 9+54"*& )(&"15(2*( &C1,*+*2,18& 5(&F5(0+,/&?10E"*18&F5(0+,181%9 &H4"0&1" & ')(5("('&
J()'-(,&)28',&)* &'"1"6+&#+&/%"(&-'&".%3&5%-%',0(&0(&01$1,%&;+54"*(2*%&)(&!"'-6+&!"&/+F01$&2%&!-&
xc(-%?%'&#('&5'%&!"'-*+&0(&'F%3&#'&2%&#(-(&0%"&/('#1,%-(&1%*'*(3&()*(&0.',&.&)%"*(F+&'&1".,&)1##%"*(& ;,%5()# & !" & #4"*(#(3 & )-+/%"0 & ;( &P'*+- & #(,()#8 & S- & ()*( & ;,%5%* & 0( & !"?(,%% & 9+54"*1-1%3 & !" & 7,1"*( & #1&
#1".2*%"6(&#(,(2*%3&)17%#%("*+&*.*12%&#'&$,'"+&)17-(*(')#+&;("*,1&5',(-(&;1@-%#&;,.7'"8 N1/(,"'*.,1-&".)*,13&7.)*1-&U.%)(3&2%&)1"*(5&#1&*.6%%&7(,%#%6%3&;,%"&7';*1-&#+&;,%/%5&7'6'&.,@%*.',(&'&
9,%"&;,.7'"%&!"6(-(?(5&;(&#(%&#(&"1&)1"*&!"&-(?+*1,+&#1&".%3&2%&#$%',&2%&;(&#(%&#',(&:&0(2%&'1&%"*,'*& H(-1%&#(&"(&()*(&0+*+*.,&0(&);(,'"6'&1"1%&".1&;')&);,(&;,.?,()8
!"&-(?+*1,+&#1&".%&:&#1".)#&;,('&;16%"&0%"&'-#+*1%,('&-15%-.,&%"/%F%@%-(8 C( & ,(?1-+3 & U()'?(,1- & ).-', & #.@.',+ & !"*,:. & '"15%*+ & ;(,%.'0+ & ' & '"1-1% & *(,()*,13 & 2% & '"15( & -'&
J15'%&01$1,%-.,&!"*,1;'*(3&#',(&'1&1"&?,'0&)1;(,%.,&!"&-15('&#(,(')#+&'&P(,,(%3&'/(5&;(,5%)%1"('& !"#(;1*1-&K+;*+54"%%&9'*%5%-.,3&2%&)(&!"'-6+&01;+&*(,5%"',('&(%8&H4*(.0'*+&#.@.',+&2%&!"&'-*(&;(,%.'0(&
0(&'&-(&#.51"%#'&!"'-*(-(&#1".2*%"6(&,(7(,%*.',(&-'&'-#+*1%,('&#.)5.)1-1%&2%&-'&o.,6(-(&?1/(,"'*.',(8 '-(&'"1-1%8&J1&(L%)*+&'"&7+,+&#'&'#()*&,(;,(F("*'"*&'-&C.5"1-1%&".)*,1&).-',&)+&"1&/%"+&-'&#.5(5.,',('&
P'*+-&0%/%"3& o.,6'&;,%5+&)'1 &o.,6'&)1;,(5+& ()*(&T"1-8 &T"%#&()*(&C15"(F(13&'7%,5+&U.%)(3& ;'*%5%-.,&C.5"1-1%8
p10$'3&R)1)&2%&*.6%&;,..,.#%%&".2*,%8&P.'*(&01$1,%-(&#',(&'1&(/.-1'*&!"*,:.&01,'*+&0(&*%5;&%"#'-#1-'@%-+3& H1&;()*(&0.1+&5%%&0(&'"%&!"&1,5+3&1"&U()'?(,3&o%1&0(&C15"(F(13&'&).)%*&0%"&G'@.,'*.,&!"&K.',(3&
2%&'1&'=1")&-'&0,(';*'&P'*+-1%&)1;,(53&'0%#+&!"&G'@.,'*.,3&'1&,'"?1-&0(&C%/%"%*'*(8&S-(&"1&)1"*&(?'-(& #1&.,0%"1-&T"%#1-1%&P'*+3&#'&N1/(,"'*.,1-&".)*,1&).-',&)+&)(&!"*,1;(F(&;(&;+54"*8&K1;1)&.,0%"1-1%3&
#1&o.,6'&;,%5+3&#1&K1/(,'"1-&1"%#&'-&*1*1,.,3&#%&)1"*&0.',&5',%&`2,.(&5%0%"(9 N1/(,"'*.,1-&).-',&'&#.@.,4*&;(&;-'"(*'&".')*,+3&!").6%*&0(&.&#('*+&0(&');%,'"6%3&o%%&0(&C15"(F(18&
!"& 7,1"*('&%(,',$%(%&C%/%"%-.,&()*(&1"&N1/(,"'*.,&)1;,(53&#+,1%'&*.6%&"(& !"#$%"+5Q&0.',& G1%&
*,(@1%(&)+&)(&,.'?(&;.;.',(-(&'#()*1%&;+54"*8 U()'?(,1-&).)%*&0%"&G'@.,'*.,3&'&,+5')&!"&K.',(3&6%"4"0&-.#1-&N1/(,"'*.,1-1%&).-',&;4"+ &,(/%"(&-'&
o%%"6'&)1;,(5+3&;()*(&*.6%&C%/%"%%&0%"&G'@.,'*.,3&()*(&"15%*+&d'*+8&)14,(79&S-&()*(&!"2*%%"6'*&0(& P,."1-&!5;+,+6%(%&K'-(8&C1;+&!"*.',#(,('&N1/(,"'*.,1-1%&".)*,1&!"&K.',(3&U()'?(,1-&P'*+-1%&):'&!"*.,)&
*.*&#(&)(&;(*,(#(&'*4*&!"&G'@.,'*.,3&#4*&2%&!"&#(-(&;'*,1&1"%/(,)1,%8&K(&;1"(&!"*,(@',('A&H15&()*(&S-& 2%&S-&!"&K7(,':G'@.,'*.,8
!"2*%%"6'*D K1"*(5&%"7.,5'6%&#+&'#15&K1/(,'"1-&".)*,1&).-',&()*(&'2*(;*'*&)+&)(&!"*,1;(F(&;(&.&'-*+&;-'"(*+&'&
)%)*(51-1%&K+13&!"&/(0(,('&(/.-16%(%&5.,'-(&2%&).#%'-(&'&;.;1-'6%(%&0(&'#.-.8&C%"&#'1F'&%0(%-.,&".%&
;,.;'?'*(&!"&)4"1-&;.;1-'6%(%&;-'"(*(-.,&!5;+,+6%(%&K'-(3&N1/(,"'*.,1-&).-',&!2%&'*,'?(&)1;+,',('3&
1,?%'&2%&;(0(';)'&#1&5.',*('&')1;,'&*,1;1-1%&K+18&S-&)(&)1;1"(&#1&15%-%"6+&0%)*,1?(,%%&*,1;1-1%&K+13&
#+#%&'2'&R&):'&.,0."'*&0(&P'*+-&K+1&#(,()#3&!"&/(0(,('&(/.-16%(%&)1;12%-.,&K+%8&S-&)(&7'#(&.53&0',&"1
V_V >%"&*'%"(8(&0%(.%%&.%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"&?(, ,-*

()*(&-+)'*&)%"?1,3&#%&*.'*+&#('*'&0(&5',%&C%/%"%&');%,'"6%3&o%%&0(&C15"(F(13&#1&#',(&'&/("%*3&!%&/.,@()#3& /.')*,+3&0',&;(&#',(&":'5&!"/.%,('&)+&/%:<&0()*+%"1%&'#158&C4"0&0,151-&#1,("*1-1%&(-(#*,%#3&/(6%&
R&)(&','*+&2%&!-&!"#1,'=('F+&!"&5%)%1"('&K'&15'".:#(,(')#+8 /(0('3&;,%"&1"'&0%"&-("*%-(-(&.#1-',(3&#15&;(&7%,1-&0%"&%"*(,%.,1-&*1@1-1%&#1,?(&.&';+&0(&-15%"+&2%&7.#&
N1/(,"'*.,1-&).-',&"1&'&/("%*&)+&,+)#15;(,(&;+#'*(-(&.5("%,%%3&#15&?,(2%*&)(&);1"(&0(&#(%&#(&"1& : & #1,("*1- & (-(#*,%# & : & 1"1- & 0%" & 7-1%0(-( & 0%" & "'*1,+8 & R'*+ & ;,%51- & ;') & 7+#1* & !" & /(0(,(' & .@)(,/+,%%&
#1".)# & *'%"(-( & ".')*,(8 & S- & "1 & ' & ,+)#15;+,'* & ;+#'*1- & "%5+"1%3 & #% & ' & /("%* & #' & . &C%85+ & 0%(/ &#'& 7-1%01-1%8&I#(')*+&(L;(,%("6+&*,(@1%(&7+#1*+&!"*,:.&#'5(,+&!"*1"(#.')+3&;("*,1&#+&-15%"'&F%-(%3&"1&/'&
c(;,(F("*'"*1- & T"%#1-1% & P'*+3 & ;("*,1 & ' & )#$%5@'3 & ;,%" & 7.,6' & !"/+6+*1,%-., & K'-(3 & #1,("*1- & 0( & %0(%& ;(,5%*(&)+&)(&/'0+&"%5%#&!"&=1,1-&7%,1-1%8
(?.%)*(&!"&%0(%&'-*,1%)*(8&G'&@'F'&*1*1,.,&%0(%-.,&K'-(&)*'1&*'%"(-(&H(,1,%-.,&2%&%1@%,('&0%"*,(&#.;%%%& C'#+&!"&%"*(,%.,1-&'#()*1%&*1@&5',(&)(&/'&%"*,.01#(&1"&'-&0.%-('&?'F3&*.*&0%"&'*5.)7(,'&/.')*,+3&2%&
'#(-1%'2%&P'*+8 )( & /' & ;.,"% & #1,("*1- & (-(#*,%#3 & /(6% & /(0(' & '"15%*( & )7(,( & -15%".')(3 & #',( & )1"*(5 & ".%3 & 01$1,%-(8&
9,(F("6'&'#()*1%&?'F&;',(&#+&"(&7'#(&%"#'"0()#("6%3&2%&;,%"&.#1-',1-&#',(&"(:'&5+,%*&"(&/(6%&/(0('&
0()*1-&0(&#-',8
9,%"&1,5',(3&/%%*.,1-&';','*&/'&7%&1"&*1@&5',(&'0';*'*&#1&.&)(,%(&0(&-("*%-(&#',(&5+,()#&:&1"&7(-&0(&
o.,/%);%%-( 5%#,.)#.;3&)*,+@+*1*&0(&1"&#1,("*&(-(#*,%#3&15;-1*&#1&0.1+&(-(5("*(&?'F.')(8&!"&'#()*&*1@&/.,&;1*('&
%"*,'&*.*&7(-1-&0(&01$1,%3&7.,/%);%%&2%&;',*%#1-(&7-1%0%#(8&C'#+&.@)(,/'*.,1-&-(&/'&.,0."'&5("*'-&)+&)(&
G' & ).)%,(' & ".;6%%3 & .5("%,(' & )( & #1-#+ & 2% & '0.',5(8 & C', & . & 0'*+ & #1 & '0.,5%,(' & *,1;1-1%3 & 01$1-& '01"(&!"*,:.&'"15%*+&,(?%1"(&'&*1@1-1%3&)(&/'&/(0('&#+&(-(&!"6(-(?&2%&)(&)1;1"8&C1$1,%-(&15'"(&;.*&
7%(#+,1%'&%()(&0%"&*,1;3&;("*,1&':2%&#."*%"1'&-1#,',('&);%,%*1'-+8&H+*,(&F%1+3&01$1-&)(&,(!"*.',#(&!"& '01#(3&0%"&'7','&*1@1-1%3&7.,/%);%%&'"%5'-(&2%&.@)(,/'*.,1-&/'&#.")*'*'&#+&'#()*('&)(&!"6(-(?&!"*,(&(-(3&
*,1;1-&)+18&P.'*+&'#(')*+&-1#,',(&*,(@1%(&)+&,+54"+&"(2*%1*+&0(&.51-&*,1;()#8&I2'0',3&1"1-&2%&'#(-'2%& #+#%&.51-&',(&;1*(,('&)+&#.5'"0(&5("*'-&7.,/%);%%-.,&15'"(&2%&'#()*('&:&#(-.,&'"%5'-(8&I2'0',3&
01$&',(&0.1+&'#*%/%*+6%&0%7(,%*(A&<8&F%1'&:&;,%"&%"*(,5(0%1-&*,1;1-1%Q&V8&".';*('&:&;,%"&#.,;1-&7-1%0%#8 7.,/%);%%-(&'1&%"*(-%?("6+&2%&!"6(-(?(,(8&H'&!"7+6%2',(&(L*(,%.',+3&):',&;+,('&#+&"1&(L%)*+&"%#%&.&0(.)(@%,(&
C',&0(&#(&01$1-Z#.@.,4*&!"&*,1;&"1&2*%(&#(&'&7+#1*&!"&*%5;1-&".;6%%D&9("*,1&#+&"1&.&;(,5%*(&*,1;1-8& !"*,(&(-(3&2%&*.*12%&)(&0(.)(@()#&;,%"&(L;(,%("6'&2%&"%/(-1-&0%7(,%*&0(&(/.-16%(&0%"*,(&(-(8
H(-1-(-(&*,1;1-1%3&)'1&5'%&(L'#*&7.,/%);%%-(&-.,3&!"*1"(#+&'5%"*%,('&2%&.51-&"1&5'%&2*%(&"%5%#8 C'#+&!"&'#(-&5%#,.)#.;&/(6%&%"*,.01#(&1"&.5&*,1;()#&')*7(-&!"#4*&#';1-&)+:%&7%(&7(,%*&;,%"*,:1"&
!"*,:'0(/+,3&0(2%&01$1-&15'"&()*(&?1/(,"'*.,1-&/')*(%&#.-."%%&0(&#(-1-(&#(&7.,5('F+&*,1;1-&)+13& '"15%*&;,.#(0(13&)'1&)+:%&,+54"+&'7',+&0%"&'#()*&';','*3&/(6%&.@)(,/'&#+&*,1;1-&.51-1%&"1&)(&5'%&
*.*12%&'#()*(&/%(*+6%&'1&2%&(-(&;1*(,('&-.,3&;,%"&#',(&!"*1"(#+&5(5.,%'&01$1-1%8&I)*7(-3&)%)*(51-&.).)& /(0(Q&!"&)#$%5@3&';',(&.&#('6+&7-1%0%#+&-15%".')+e&#(/'&5'%&5',(&#'&*,1;1-&)+1&2%&0(&'#(('2%&7.,5+&
()*(&7.,5'*&0%"&5%%&2%&5%%&0(&#(-1-(&.).')(3 &;2,0%)4%%&7%"(,'8(/&%',&,()*1-&*,1;1-1%&:&512#$%3&)4"?(3& #1&(-8&I#()*'&(&#.,;1-&)+1&7-1%0%#&)'1&;(,%);%,%*1-8&!"&%"*(,%.,1-&'#()*1%&#.,;&(*(,%#&)(&/.,&/(0('&*.'*(&
.,?'"(&(*#8&:&()*(&7.,5'*&0%"*,:1"&"15+,&0(.)(@%*&0(&5',(&0(&#(-1-(3&;2,0%)4%%&0(-(*'8(9 .,?'"(-(&)'-(3&#1&7.,5(-(&-.,3&*.'*(&7%%"0&7-1%0%#(&2%&7%(#',(&'/4"0&.&#1-.',(&);(#%7%#+8
9,%"& 1,5',(3&01$1-& .51-1%&#.5'"0+&#'&1"& )1/(,'" &;()*(&1"& 5%#,.#.)5.) &7.,5'*&0%"& 0.1+& R"*,4"0&!"&'#()*&*1@&1"&5',(&01$&'-&".)*,13&1"&5(0%#&);'6%'-3&;("*,1&'&7'#(&#4*(/'&(L;(,%("6(3&
#'*(?.,%%&0(&7.,/%);%%&:&5%"(,'-(&2%&/(?(*'-(8 /(6%&.@)(,/'&7';*(&1%5%*.',(&;("*,1&/.%8&I2'&0(&(L(5;-13&0'#+&5(0%#1-&".)*,1&';-%#+&'"15%*(&7-1%0(&
o%,(2*(33&/(%&!"*,(@'A&BC',&7.,/%);%%&'"%5'-(&"1&)(&?+)()#&!"&*,1;1-&.51-1%DE&J13&.51-&"1&;.)(0+& !"&0,(;*1-&1"1%&.,?'"&/%*'-&'-&.51-1%&%"*,.01)&!"&'#(-&*1@3&/(6%&'1F%&#+&.51-&)(&/+%(*+&#+&!-&0.',(&'#(-&
!"&(-e&7.,/%);%%&'"%5'-(8 .,?'"8&C'#+&'#()*&5(0%#&"(/+F1*&';-%#+&.,?'"1-1%&@.-"'/&'-&.51-1%&%"*,.01)&!"&*1@3&1"&'-*&7-1%03&(-&/'&
!"&0(7%"%*%/3&.51-&()*(&1"&#."?-.5(,'*&0(&7.,/%);%%A&1"&01$:.53&!"/(-%*&!"&$'%"(-(&)'-(&7-1%0%#(3& 0(#-','&#+&"1&5'%&)%5*(&"%#%&.&01,(,(3&'#.-.&1"0(&!-&01,('8&I#()*(&!5@.-"+/%,%&)'1&/%"0(#+,% &)1"*&
'0%#+&1"&01$&').#%'*&#1&'-*(&#'*(?.,%%&0(&7%%"6(3&)1,%.',(3&5'%&5%#%&:&5%"(,'-(&2%&/(?(*'-(&:&#',(&!-&/.,& 5.5("*'"(3&7+#1*(&"15'%&!"&)#.;&(L;(,%5("*'-8&C1;+&*(,5%"',('&(L;(,%("6(%&)(&,(/%"(&-'&)*',('&0(&
'=1*'3&2%&-'&,4"01-&)+1&2%&01$1-&15'"&-(&/'&'=1*'&!"&(/.-16%'&-.,8&I2'0',3&2%&!"&'#()*&#'F3&):'&'-#+*1%*&.& )+"+*'*(&'&.51-1%3&;("*,1&'&"1&)(&!5;%(0%#'&#1,)1-&0()*%"1-1%&)+18
)74"*+&*,(%5(3&#',(&-1#,('F+&!5;,(1"+3&#4*&*%5;&.51-&/'&*,+%&;(&;+54"*8&H4"0&)(&/'&*(,5%"'&7%,1-& C%"&'#()*(&(L;(,%("6(&/(6%&!"6(-(?(&#+&'-+*1,%&0(&/.%&(L%)*+&.&'-*+&-15(3&(*(,%#+3&%"/%F%@%-+&.#$%1-1%&
'#()*(%&(L%)*("6(3&7.,/%);%%-(&)(&/.,&0(F'?,(?'&2%&7%(#',(&!2%&/'&,(-1'&-%@(,*'*('&)'&7%,(')#+3&/'&0(/("%& /.)*,18& !"& '*5.)7(,'&#',(&/+&!"#."=.',+&;-1*(2*(&.&51-6%5(&%"7%"%*+&0(&7.,5(3&0(&0%7(,%*(&"'*1,%A&
0(:)%"(:)*+*+*.',(8 7.,/%);%%&5%"(,'-(3&/(?(*'-(3&'"%5'-(&2%&15'"(8&!"*,(&(-(&(L%)*+&.&0%7(,("6+&()("6%'-+3&01;+&7(-1-&#15&
H1&'-*+&.#'F%(&'5&);1)&#+&(L%)*+&;'*,1&#'*(?.,%%&0(&7.,/%);%%&:&5%"(,'-(3&/(?(*'-(3&'"%5'-(&2%& )1"*&#.5;1)(8&!"&?("(,'-3&7.,/%);%%-(&5%"(,'-(&)1"*&5'%&5%#%&0(#4*&#(-(-'-*(8&J.%&-(&"15%5&418A(,(&
15'"(&:&7+#1*(&0(&;'*,1&#'*(?.,%%&0(&C%/%"%*+6%&%")17-+*.',(8&!"&,('-%*'*(3&"1&(L%)*+&0(#4*&*,(%&7(-1,%&0(& 7%"(,'8+9&I-+*1,%&0(&(-(&)(&?+)()#&7.,/%);%%-(&/(?(*'-(3&#',(&/.,&%"*,'&!"&#.")*%*16%'&#.,;1-1%&;-'"*(%8&
7.,/%);%%A&5%"(,'-(3&/(?(*'-(&2%&'"%5'-(3&#',(&;,%"&(/.-16%(&0(/%"&15'"(8 S-(&/.,&7%&#."01)(&0(&1"&01$&0(&;-'"*+8&!"&7%"(3&;,%"&);'6%1&;-1*()#&;1F0(,%(&0(&7.,/%);%%&'"%5'-(&2%&
U%"(,'-1-&;.)(0+&"15'%&/.%"6+3&5%2#',(&2%&5(5.,%(&%")*%"#*%/+8&U(5.,%'&%")*%"#*%/+&'&5%"(,'-1-1%& 15'"(8
,+54"(&'#(('2%&;(&*.'*+&;(,%.'0'&(L%)*("6(%&)'-(Q&('&0(#%&"1&)(&5'%&0(F/.-*+8&9,%"&1,5',(3&7.,6'&0(& J.%3&01$1,%-(3&'5&7%&51,%*.',(3&0'#+&H,('*.,1-&".)*,1&"1&"(:',&7%&!"F()*,'*&#1&0',1-&0(&'&"(&$,+"%&
5%2#',(&2%&5(5.,%'&%")*%"#*%/+&'&5%"(,'-1-1%3&!%&;(,5%*(&)+:2%&5("6%"+&'#(('2%&7.,5+3&!"&/(#%%&/(#%-.,8 /(2"%#&2%&!"&5.0&'1*.5'*8&g,+"%,('&".')*,+&#.")*+&!"&'@).,@%,('&0%"&);'6%1&0(&7-1%0(3&0(&7.,/%);%%3&;(&
9(&-4"?+&/.%"6+&2%&5(5.,%(3&/(?(*'-1-&;.)(0+&2%&#1?(*',(3&'0%#+&5(5.,%'&(%&"1&5'%&()*(&%")*%"#*%/+& #',(&0.',&-(&'-%;%5&#.,;1-1%&".)*,1&);%,%*1'-&#4"0&)1"*(5&01$1,%&-%@(,(&2%&-(&')%5%-+5&!"&#.,;1-&/%*'-3&
#'&'&5%"(,'-1-1%3&#%&()*(&7.,5'*+&;,%"&'#6%1"('&#1?(*+,%%3&'0%#+&()*(&.&5(5.,%(&,(7-(#*'*+8 #4"0 & )1"*(5 & !"*,1;'*(8 & I#(')*+ & 5'*(,%( & /%( & : & 7-1%0 & '-#+*1%* & 0%" & 7.,/%);%%3 & ".% & 01$1,%-(3 & "1 & .&
I"%5'-1-&',(&.&/.%"6+&2%&.&5(5.,%(&!"&0(/("%,(3&2%&.&#1?(*',(&5'%&,%0%#'*+&0(#4*&'&;-'"*(%8 #.5;1"(5&)'1&0()#.5;1"(53&#%&"15'%&.&'-%;%5&#.,;1-1%&".)*,1&7-1%0%#8&g,'"'&".')*,+&":.&5'%&
!"&7%"(3&.51-&',(&/.%"6+3&5(5.,%(&2%&;1*(,(&0(&,'6%1"(8 ;,(?+*%5&01;+&#15&.&;,(?+*%6%&;(&'&/.')*,+3&#%&.&?+)%5&?'*'&;,(?+*%*+&!"&);'6%18&J.%&"1&7'#(5&0(#4*&
):.&'@).,@%5&2%&%"*(?,+5&#.,;1-1%&".)*,1&7-1%0%#8
o%(#',(&01$&'*,'?(&'1*.5'*&"15'%&$,'"'&;.*,%/%*+&*,1;1-1%&)+1&7-1%0%#8&I)*7(-&',(&-.#&.&)(-(#6%(3&
;,%"*,:.&'*,'#6%(&5'?"(*%#+3&;,.;,%(&7%(#+,1%'8&o(".5("1-&)(&;(*,(#(&')(5+"+*.,&-'&01$1,%-(&-%@(,(3&
o.,/%);%%-(&2%&01$1,%-(&):',&;1*('&/(0(' #'&2%&-'&#(-(&!"*,1;'*(8&9+;+0%'&/'&'*,'?(&!"&01@-1-&)+1&/%*'-&.&'"15%*+&5'*(,%(3&%0("*%#+&#1&('3&%',&
*,'"0'7%,1-&/'&'*,'?(&.&'-*+&5'*(,%(3&')(5+"+*.',(&2%&#.5;'*%@%-+&01@-1-1%&)+1&/%*'-8
!"&?("(,'-3&/.%3&.'5("%%&*,1;(2*%&'@).,@%6%&"15'%&#4*&(-%5%"'6%3&0',&!"&;(,%.'0'&0(&7.,5',(&2%&
P.*&#(&)(&/(0(&;(&;+54"*&'&7.)*&,('-%F'*&5'%&!"*4%&!"&);'6%13&)1@&7.,5+&(*(,%#+8&S&.&"(7(,%#%,(&#+& #,(2*(,(&'&*,1;1-1%&/.)*,13&#4"0&)1"*(6%&#.;%%3&'@).,@%6%&5'%&51-*&0(#4*&(-%5%"'6%3&;("*,1&'&/+&5+,%&
.51-&*,1;()#&"1&#1".'2*(&"%5%#&0();,(&817('&#'1M(82,/&'&*.*&#(('&#(:<&!"#."=.',+8 #.,;1-&/%*'-3&#',(&:&-'&,4"01-&)+1&:&/'&5+,%&*,1;1-8
I#(')*+&)*',(&/'&01,'&;4"+&#4"03&(/.-14"03&.5("%,('&*,1;(')#+&/'&.@6%"(&/(0(,('&);%,%*1'-+&'& C(&-'&.&/,(5(3&#1,("6%%&5+*1,+&2%&*,'");.,*+&7.,/%);%%-(&;4"+&!"&K7(,'&0%/%"+3&;("*,1&'&)(,/%&-'&
7.,5(-.,&#',(&;-1*()#&;,%"&);'6%18&H$%',&0(&;(&'#15&):',&;1*('&/(0('&'#()*(&7.,5(&;,%5(3&0'#+&.51-& '-*(&7.,5(&0(&/%'6+8
2%:',&#.")*,1%&1"&';','*&@'F'*&;(&(-(#*,%#%*'*(&2%&'0';*'*&-'&1"&7(-&0(&5%#,.)#.;8&H1&'=1*.,1-&'#()*1%& K+&,(#';%*1-+58&!"&);'6%1&)1"*&(13&01$&1"%#8&!"&=1,1-&5(1&)(&'7-+&7.,/%);%%3&0(;("0("*(&0(&5%"(3&
0%);.F%*%/&0(&5+,%*3&.51-&',&/(0('&;,%"&.#$%1-&)+1&*,1;()#&0%7(,%*(-(&7-1%0(&#',(&#%,#1-+&;,%"&);'6%18 #',(&!5%&7.,5('F+&/($%#.-1-&);%,%*1'-3&%',&!"&)*',(&0(&-%@(,*'*(3&;,%"&);'6%13&)(&'7-+&'-*(-(&%0("*%#(&#1&
I#()* & ';','* & /' & '/(' & -("*%-( & 0( & 5+,%*3 & 0', & "1 & ;,(' & 51-*(8 &[' & 7% & 2% & "1 & /' & 7% & ;,.;,%1:F%) & 1"& #(-(&'-(&#.,;1-1%&5(18&N,'6%(&'#()*.,&/%(*+6%&1-*,'5%#,.)#.;%#(3&5+&;.*&5+,%&#4*&0(&51-*3&2%&;,%"&
5%#,.)#.;8&S-&)(&/'&#.5;1"(&0%"*,:1"&*1@3&'/4"0&.&')(5("('&0%5(")%1"(&!"#4*&)+&;.'*+&%"*,'&!"&(-& (-%5%"',('&-.,&5+&;.*&5%#2.,'&#4*&/.%()#8&H.")*'*&#+&2%&7.,/%);%%-(&'1&1"&%")*%"#*3&.&/.%"6+&2%&.&
1"&.58&C(&-'&1"&#';+*&-'&'-*1-&/'&*,(#(&1"&7%,&0(&','5+3&')(5+"+*.,&#(-1%&7.-.)%*&-'&#."01#(,('& 5(5.,%(&;,.;,%(8&H(-(&%"*,'*(&!"&#.,;1-&5(1&"1&/.,&%"*,'&"%#%.0'*+&!"&#.,;1-&1"1%&'"%5'-&)'1&'-&1"(%&
#1,("*1-1%&(-(#*,%#8&I#()*&*1@&/'&7%&?.-%*&0(&'(,&2%&15;-1*&#1&1"&'"15%*&?'F3&!"*4-"%*&!"&'*5.)7(,' ;-'"*(8&H1&'-*(&#1/%"*(3&(-(&"1&1%*+&#+&'1&7.)*&0(='&!"&#.,;1-&1"1%&.5&)'1&#+&)1"*&0()*%"'*(&)+&)(&
!"#.,;.,(F(&!"&#.,;1-&1"1%&.58
V_X >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"&?(,
I-+*1,%&0(&5%"(&#%,#1-+&01$1,%&15'"(3&'"%5'-(&2%&/(?(*'-(3&#+#%&#(-(&5%"(,'-(&)1"*&!"#$%)(&!"&
,(?"1-&5%"(,'-8&I&0.1'&#'*(?.,%(&0(&7.,5(&0(&/%'6+&)1"*&7.,/%);%%-(&15'"(3&'"%5'-(3&/(?(*'-(&2%& K(&#'0(&#'&.51-&)+&)(&,.'?(&T"%#1-1%3&0(.',(#(&N1/(,"'*.,1-&9+54"*1-1%&);1"(A&iR1&)1"*&
51$18&F5(0+,181%&3%&02,A()#&3%&;'#&!"&"17(8(&`%181%k9&N1/(,"'*.,1-&).-',3&o%1-3&);1"(&0%"&K.',(-(&
5%"(,'-(3&*.'*(&'7-'*(&!"&)*',(&0(&-%@(,*'*(3&7.,5(&#',(&!"#+&"1&)1"*&01$1,%3&#%&0.',&;1-@(,('&-.,8&9(& K+1A&iR1&)1"*&`%18&:1%&>17"(M(1&3%&!"&"17(8(&:1%&;'#&#(('&#(&;'#/&!"&"17(8(&:1%&8(-&3%&5(M8(-k&
-4"?+&7.,/%);%%-(&5%"(,'-(&-%@(,(&:&'7-'*(&!"&)*',(&0(&;1-@(,(&0()*,1;'*+3&#',(&"1&)(,/()#&-'&!"*,1;',('& C,'?+&7,'*(3&1,5('F+&#'&.51-&)+&)(&,.'?(3&)+&51-615(')#+&T"%#1-1%&C15"(F(18&G'&,1?'&-1%&')*7(-&
"%#%&1"1%&7(-&0(&5%"(,'-3&#%&/.,&)(,/%&-'&$,+"%,('&01@-1-1%&/%*'-&'-&;-'"*(-.,3&'"%5'-(-.,&2%&.51-1%& 7.,51-'*+&.,%#(&01$&#.")'#,'*&!-&/'&'=1*'8
:(L%)*+&7.,/%);%%&5%"(,'-(&!"*,1;'*(&;(&01,'*'&(L%)*("6(%&'#()*1%&;+54"*&)'1&'&.,%#+,(%&'-*(&;-'"(*(8&!"&
'7',+&0(&;1-@(,('&5%"(,'-+3&5'%&(L%)*+&;1-@(,%&/(?(*'-(3&#',(&2%&(-(&)(,/()#&-'&,(?("(,',('&#.,;1-1%&
);%,%*1'-&'-&01$1-1%3&;,(#15&2%&-'&$,+"%,('&01@-1-1%&/%*'-&'-&;-'"*(-.,3&'"%5'-(-.,&2%&.51-1%8
H4"0&)1"*&01$&-%@(,3&!5%&,(;',&;(,%);%,%*1-&#1&7.,/%);%%&5%"(,'-(3&/(?(*'-(3&'"%5'-(&2%&15'"(8& H."01#(,('&9+54"*1-1%
H4"0&)1"*&01$&!"*,1;'*3&!5%&,(;',&;(,%);%,%*1-&2%&01@-1-&/%*'-&#1&7.,/%);%%&5%"(,'-(&2%&/(?(*'-(&0%"&
'*5.)7(,'&!"#."=1,+*.',(3&%',&*,1;1-3&;,%"&'-%5("*(&#(&#."6%"&7.,/%);%%&5%"(,'-(&2%&/(?(*'-(8
P.'*(&'#()*(&5%-%',0(&"()74,2%*(&0(&;1-@(,%&)'1&7.,/%);%%&#(&"(&!"#."=.',+&)1"*&.;(,'&H(-.,&0%"& !5%&;,.;1"&)+&/.,@()#&'F%&0(&5',(-(&".)*,1&)1;(,%.,3&#1".)#1*&0(&/.%&)1@&"15(-(&0(&K74"*1-&R.'"8&
G'@.,'*.,3&#',(&-(&,(/',)+&?,'*1%*&!"&)7(,(-(&#,('*(8&J1&;1*(5&,+);-+*%&51"#'&G.,&0(#4*&;,%"&%1@%,('&#(& H%"(&()*(&K74"*1-&R.'"&-'&".%D&[.%&!-&).#.*%6%&!"*,(&)7%"6%%&;+54"*1-1%8&S-&!")+&(&5'%&;,()1)&0(&1"&)74"*3&
G(:.&;+)*,+53&#'&1".,'&#(&"(&!"*,(6%"&/%'6'&!"&/(2"%#%(8&I2'0',3&S%&)1"*&H,('*.,%%&(8%L%,181%&5(&0%'.+& ()*(&1"&!"?(,3&1"&);%,%*&#',(&;,%"&(/.-16%(&'&'=1")&-'&,'"?1-&0(&4,%718&!"*,(&!"-(,%%&C+7E"*181%9&H1&'-*+&
0(3"%#+/&'%#%&;(&9+54"*&2%&;,(*1*%"0("%8&K-'/+&G.,&2%&'04"#+&!"#$%"+#%1"(&T"%#1-1%&P'*+8&I5%"8 .#'F%(3&'5&);1)&#+&!"&=1,1-&;+54"*1-1%&(L%)*+&0.1+&F."(A&1"'&5'%&';,.;%'*+&0(&;+54"*3&"15%*+&F."'&
0(&*,'%&2%&(/.-16%(&'&);%,%*(-.,&15'"(3&2%&'-*'&)1;(,%.',+3&(L*(,"+3&"15%*+&F."'&0(&(/.-16%(&'&!"?(,%-.,&
9+54"*1-1%8&W."'&!"?(,%-.,&()*(&!5;+,6%*+&!"&*,(%&)1@F."(3&)7(,(&7-1%0%#(&-.#1%*(&0(&*,(%&#'*(?.,%%&0(&
!"?(,%8&I2'0',&(L%)*+&*,(%&(*'=(&)1;,';1)(3&)7(,(&#."#("*,%#(&0(.)(@%*(&!"*,(&(-(&;,%"&7(-1-&1"0(-.,&#',(&
H(%&*,(%&N1/(,"'*.,% #%,#1-+&;,%"&(-(&2%&;,%"&7%"(6('&7-1%0(-.,&-.,8
S/.-16%'&9+54"*1-1%3&#1&*.*&#(&()*(&;(&(-3&()*(&#."01)+&0(&!"?(,%%&9+54"*1-1%8&I#(')*+&(/.-16%(&
)(&7'#(&-("*&2%&01,('F+&5%-%',0(&0(&'"%8&!"?(,%%&;-'"(*',%&'1&/("%*&'%#%&.&0'*+&#1&"(@1-.')'&).-',+Z2%&'1&
a5("%,('&*(,()*,+&5(,?(&#1&;'2%&1,%'2%&);,(&;,.?,()8&K1"*(5&#."/%"2%&#+&;()*(&#4*(/'&)(#.-(& ')%)*'*&-'&0();,%"0(,('&;+54"*1-1%&0%"&).',(3&'1&')%)*'*&0(&-'&!"#(;1*1-&(L%)*("6(%&;+54"*1-1%&2%&/.,&
.51- & *,1;()# & /' & 7% & ;1) & !" & ;.)()%' & 1"1% & ';','* & #1 & '=1*.,1- & #+,1%' & "( & /' & /(0(' & 2% & '1F%8 &I*1"#%3& )*'&'%#%&;4"+&-'&0%).-16%'&)'&0()+/4,2%*+8&S%&'1&')%)*'*&-'&*.'*(&;(,%;(6%%-(&'#()*(%&;-'"(*(&2%&/.,&;,(F%0'&
#(,*%*10%"('&(L%)*("6(%&".')*,(3&'&01$1,%-.,&2%&!"?(,%-.,3&/'&!"-.#1%&"(#1".'2*(,('&2%&%?".,'"6'&.51-1% 2% &.,0."' & *.* & #( & /' &7% & "(#()',& #' & /%'6' & 0(& ;( & '#()* &5%# &#.,;3 & ;,'7 & ;%(,01* &!" & %5(")%*'*(' & )7(,(%&
0(&'F%8 #,('6%%-.,3&)+&'=1"?+&-'&1b&`.5(?'b&(/.-16%(%&)'-(8
U+&/(%&!"*,(@'A&BC',&#(&)1"*&!"?(,%%DE&!"?(,1-&()*(&*.*&1"&);%,%*&#'&5%"(3&"15'%&#+&(-&2%:'&*(,5%"'*& R"&7,1"*('&*1*1,.,&!"?(,%-.,&)(&'7-+&.&?2"51#(,(&*,(%7%#+9&9,%"&02%".+/&-E"5%,(&2%&)%7.%,(/&'#(')*+&
(/.-16%'&15'"+3&,(!"*.,#4"01:)(&!"&K7(,':G'@.,'*.,3&1"0(&'&)*'*&#4*(/'&F(#%&0(&5%%&0(&'"%3&):'&)1;1)& P,(%5(&7'#(&1"&N"1&0()+/4,2%*8&P'*+-&0%/%"&'&)*'@%-%*&'#()*&7(-&0(&?1/(,"',(&!"&*.'*+&#,('6%'&K'8&K74"*'&
*,(%5(&()*(&!"&*.'*(A&!"&#.5;1"(,('&5'*(,%(%3&!"&').#%(,('&01$1,%-.,3&!"&#."01#(,('&#,('6%%-.,&(*#8&
-'&*.'*(&;,.@(-(&0(&'#.-.&2%&,(12%"0&'&,(/("%*&0%"&".1&!"&)7(,'&#,('*+3&;("*,1&'&!5;-%"%&0(&'#(')*+&0'*+& K7(,'&0%/%"+&()*(&2%&S'&*.*&*,(%5%#+8
(/.-16%'&0(&!"-(,&48'"(*',9 9,%51-&0%"&P,(%5('&?1/(,"'*.',(&'&9+54"*1-1%&()*(&,(;,(F("*'"*1-&P'*+-1%&#(,()#&;(&;-'"(*'&
!"?(,1-&;-'"(*',&/'&/("%&;(&.&;-'"(*+&;("*,1&'&#."01#(&(/.-16%'&7,'6%-.,&)+%&01$1,%&15'"(8&H4"0& ".')*,+8&S-&/(?$('F+&#'&G(?%-(&2%&[.%"6'&P'*+-1%&)+&7%(&';-%#'*(&5(,(1&;(&'#(')*+&;-'"(*+8&I-&0.%-('&
*(,5%"+&!"*,('?'&(/.-16%(&0(&!"?(,&;-'"(*',3&)(&,(!"*.',#(&!"&G'@.,'*.,1-&0%/%"3&1"0(&)*+&'-*(&#4*(/'& ()*(& ,(;,(F("*'"*1-&C%/%"1-1%&).-',& ;(&;-'"(*'&".')*,+8&S-& )1;,'/(?$('F+&#'&G(?%-(&o%1-1%&0%/%"3&
F(#%&0(&5%%&0(&'"%3&04"0&2%&0(&'#(')*+&0'*+&(L'5("1-&0(&,%?.',(8&c(12%"0&)+&%'&'#()*&(L'5("3&.@6%"(& $.*+,4,%-(&C%/%"1-1%&).-',3&)+&7%(&!"0(;-%"%*(&!"*,1&*.*1-&;(&9+54"*3&#+#%&N1/(,"'*.,1-&).-',&"1&7'#(&
?,'01-&0( &!"-(,&)28',/ &01;+&#',(&/%"(&0%"&".1&!"&)7(,'&#,('*+3&;("*,1&'&)*10%'&5'%&0(;',*(&2#.'-'& /.%'&K'3&#%3&!"&0(7%"%*%/3&;(&'&P'*+-1%&#',(&%:'&!"#,(0%"6'*&'#(')*+&!5;+,+6%(&'&);'6%%-.,&#(,(2*%8&I-&
/%(6%%3&0',&0(&'#(')*+&0'*+&#'&01$&0(&')*,1&)'1&!"?(,&).-',8 *,(%-('&0%"&P,(%5('&?1/(,"'*.',(&'&9+54"*1-1%&()*(&)1/(,'"1-&0%,(#*&'-&'#()*1%&?-.@8Z&S-&/(?$('F+&#'&
H4"0&*(,5%"+&2%&'#(')*+&/')*+&2#.'-+&;(&*.'*(&#'*(?.,%%-(&0(&')*,(3&)(&'2('F+&;(&1"1-&0%"&5',%%& -(?%-(&2%&(/.-16%'&9+54"*1-1%&)+&7%(&1,5'*(&;')&#1&;')3&.,0."4"03&!"&"15(-(&)7%"*(%&P,(%5%&;-'"(*',(3&
#1,("6%&5'?"(*%#%&'%&1"%/(,)1-1%&2%&).)(2*(&0%"&".1&!"&G'@.,'*.,3&1"0(&/'&,+54"(&F(#%&0(&5%%&0(&'"%3& )+&)(&7'#+&!"*,:1"&7(-&2%&"1&'-*7(-8
;("*,1&.@6%"(,('&'-*.,&?,'0(&2%&5'%&!"'-*(8 K74"*'&P,(%5(&'&9+54"*1-1%&()*(&)1@&@%"(#1/4"*',('&P'*+-1%3&0',&%")*%*1%*+&)1@&#."01#(,('&0%,(#*+&'&
I2'0',3&.51-&/'8&(/.-1'&;,%"&*.'*(&(*';(-(&;-'"(*',(&;.5("%*(&2%&0(/%"(&!"?(,&;-'"(*',8&['&(/.-1'& o%1-1%8&H(%&*,(%&N1/(,"'*.,%&;-'"(*',%&)1"*&I&uF8;'r&2%&g/&uK7(-'r&;-'"(*(%&9+54"*8&S%&)1"*&*,(%&!"*,:
#' & !"?(, & ;-'"(*',3 & 0%" & ;-'"(*+ & !" & ;-'"(*+3 & ;,%" & *.'*( & *,(;*(-( & 0( & !"?(, & ;-'"(*',3 & ;4"+ & /' & '=1"?(& 1"1%3&,(;,(F("*4"0&/%,*1'-&;(&1"%#1-&K*+;4"&'-&-15%-.,3&;(&;,%51-&H,('*.,8&C%"*,(&'#(2*%&*,(%3&;,%51-&()*(&
Q10(,"'*2,&48'"(*',9 &a&0'*+&'*%")&'#()*&?,'03&/'&0(/("% &!"-(,&)28',9&['&(/.-1'&#'&!"?(,&).-',&;,%"& ;,(2(0%"*(3&S-&()*(&C%/%"1-&9+54"*1-1%8&J%#%&.&;-'"(*+&"1&()*(&-%;)%*+&0(&'#(')*+&#."01#(,(&*,(%5%#+8&
*.'*(&*,(%&(*';(-(&).-',(&2%3&;(&,4"03&;,%"&*.'*(&?,'0(-(&0(&).,%3&0(/("%"0 &!"-(,&8'A2,'*2,%'"9 &P,(%& 9("*,1&*.6%&2%&*.'*(3&01$1,%&2%&.'5("%3&;,%51-&()*(&'-&*,(%-('&2%&'-&*,(%-('&()*(&;,%51-8&ÉQ&&&C%"&*%5;&!"&
(*';(&0(&!"?(,&'1&7.)*&;(&.&;-'"(*+3&*,(%&(*';(&;(&1"&')*,13&*,(%&?,'0(&!"&G'@.,'*.,8&>%&'2'&/'&7%3&0%" *%5;3&'#()*(&01$1,%3&#+;(*("%%:!"?(,%3&)(&#.@.',+&-'&)1;,'7'6'&;+54"*1-1%3&7+#4"01:)(&2%&(%&.'5("%8&
9,%51-&0%"*,(&#(%&*,(%&N1/(,"'*.,%&'%&9+54"*1-1%e&IZ&uF8;'&4,%7r/&'&7.)*&0(&51-*(&.,%&!"*,1;'*&;(&
*,(%&!"&*,(%3&;4"+&-'&%"7%"%*8 ;+54"*3&;("*,1&-15%"',('&2%&!5@.-0%,('&.5("%,%%8&!"&51-*%;-(-(&)'-(&!"*,1;+,%&'&7.)*&!"&R"0%'&)1@&"15(-(&
H4"0&*,(#(&;,%"&#(-(&*,(%&*,(;*(&0(&!"?(,&-'@.,'*.,%'"3&/'&0(/("%&F)4%,'"*&5(&`%1&5(&>17"(M(1/ & 0(&I,=1"'3&!"&9(,)%'&:&9',)%7'-3&!"&I)%,%'&:&c')%]3&!"&S?%;*&:&g(,5()3&U.%)(3&a)%5'$0%')&(*#8&H(-&0(:'-&
01;+&#(&#'&!"?(,&-'@.,'*.,%'"&'&7.)*&?,('*2,&5(&;2,7(&;81%5%#(&2%&';.%&?,('*2,&5(&7'*(,%%&;%M%#(9&H4"0& 0.%-('3&IE&uF8;'&)(#1"5r&'-&#(*(-.,&!"?(,(2*%&):'&!"*,1;'*&2%&S-&0(&51-*(&.,%3&;1,*4"0&0%7(,%*(&"15%,%3&
/'&7%&.@6%"1*&?,'01-&0(&`%1&5(&>17"(M(1/&%&)(&/'&'#.,0'&#."01#(,('&1"1%&')*,1&#'&2%&C.5"1-1%&".)*,1& 0%"*,(&#',(&#('&0(&K74"*1-&R-%(&2%&R.'"&p.*(F+*.,1-8&!"&7%"(3&#(-&0(:'-&*,(%-('&N1/(,"'*.,&;-'"(*',8&IZE&
).-',3&H$,%)*%'"1-&".)*,18 uF8;'&*(,.r&'&'/1*&:&#'&.,%#',(&5',(&G15%"+&'&);'6%%-.,&:&5'%&51-*(&!"*,1;+,%3&0%"*,(&#',(&#('&0%"&1,5+&
C.5"1-&".)*,1&).-',&()*(&I&`I-7'b&2%&Å&`a5(?'b&'#()*1%&)%)*(5&).-',8&!"&)#.;1-&(/.-16%(%&".')*,(& ()*(&#1".)#1*+&)1@&"15(-(&0(&(/'"?$(-%)*1-&R.'"3&%1@%*1-&1#("%#&'-&C.5"1-1%8&H1&*.6%%&'1&7.)*&.'5("%&
#1&*.6%%&0(7%-+5&;,%"&7'6'&G1%3&S-&!")+&/'&,+54"(&;4"+&-'&)74,2%*1-&)%)*(51-1%&K+1&:&';,.L%5'*%/ 5.0(2*%3&.'5("%&#'&.,%#',(&'-6%%3&0',&0%"#.-.&0(&(%&)(&')#1"0('1&*1,"%"%&0%"*,(&G15%"%-(&#(,(2*%8
F(#(&5%-%',0(&0(&'"%8 C(&#4*(&.,%&N1/(,"'*.,1-&).-',&'&#.@.,4*&;(&9+54"*&2%&):'&7+#1*&.53&'&#.@.,4*&2%&,(;,(F("*'"*1-&
I,*'&0(&'&#."01#(&1"&)%)*(5&).-',&()*(&(?'-+&:&!"&5%#&:&#1&',*'&0(&'&#."01#(&#.)5.)1-8&C%"& K'1&0%"&P,(%5('&#."01#+*.',(&'&9+54"*1-1%8&IE&`I-7'&)(#1"0b&):'&!"*,1;'*&!"&R.'"&p.*(F+*.,1-3&
;1"#*1-&0(&/(0(,(&'-&?1/(,"+,%%3&o%1-&()*(&(?'-&!"&?,'0&#1&P'*+-&#(,()#8&N1/(,"'*.,1-&9+54"*1-1%& !"'%"*('&K1/(,'"1-1%&)%)*(51-1%&".)*,1&).-',8&R)1)&'&/("%*&-'&,(;,(F("*'"*1-&K+1&#'&)+:G&@.*(F(3&0',&
#."01#4"0&'#()*&5%#&#.,;&#(,()#3&0%"&;1"#*&0(&/(0(,(&'-&?1/(,"+,%%&()*(&(?'-&#1&P'*+-&2%&o%1-8 R.'"&'&?,+%*A&iS1&)1"*&0,(5"%#&)+&d(&A2*(Mk9&R)1)&%:'&,+);1")A&//FO&uF8;'&4,%7r&*(6'&'8()&4(&*%"(&Fk &
9,%"&1,5',(3&'/(5&1"&N1/(,"'*.,&#("*,'-3&1"&N1/(,"'*.,&).-',&2%&1"&N1/(,"'*.,&;-'"(*',3&'0%#+& uF8;'&)(#1"5r&3%&R1&#(,&5(&8'&*%"(&A2*(M18&);E"*/&#'&)+&,(#1"2)#&41*(,('&81%&FO&6&Q10(,"'*2,18&)14,(7 &
d'*+8/&`%18&2%&@;E"*18&>1$9&I2'0',3&C%/%"%*'*('&-'&-1#,1&()*(&,(;,(F("*'*+&;,%"&*,(%8&H4*(&*,(%&#."01#3& '8&48'"(*(%&C+7E"*/&"17%*&5(&J%"(/&!"&"17(8(&d'*+81%&J(19&FO&*(6'&"17%*&4(&*%"(/&!"&"17(8(&J(1/ &
01;+&;1*(,%-(&G.,3&#4*(&.&1"%*'*(&#.)5%#+8&S%&)1"*&(?'-%&#'&?1/(,"',(3&2%&*.*12%&N"18&()*(&>27"18 4,%"&41*(,('&J('/&%',&'#17&J+&)141"&41*(,%%&J(8(/&#',(&4,%"&*%"(&)(&!"*2',#(&8'&J%"(9&F7%"9&k
>17"(M(18&"2)*,19
I2'&7%%"03&(1&#'&01$&"1&5+&;,.)*(,"(F&;,%"&!"#$%"+#%1"%&0(#4*&T"1-1%3&o%%"6(%&)1;,(5(&'&*1*1,.,&
(L%)*("6(-.,8&J1&5+&;.*&,1?'&0(#4*&1"1%&)%"?1,&C15"(F(18&H%"(&)(&!"#$%"+&-'&5'%&51-6%&?,(2(2*(8
V_Z >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&:&F&521'&#',*( ?271"%#+,%&5%"& V_[
?(,

- - -
,(-%?%%3&,+F@.'%(&(*#8&:&)(&%")*%*1%(&1"&7.,&#.5;1)&0%"&*,(%&*,(%5%3&$.*+,4"0&'&*,(%'3&#('&5'%&5%#+&!"&
?,'0:&C',&$.*+,4,('&-.,&*,(@1%(&)+&;.',*(&;(#(*('&@%"(#1/4"*+,%%&#1 &F7%" &'&K*+;4"1-1%&)%)*(51-1%&
I,5."%'&0()+/4,2%*+&0.5"(2*(&;(&*.'*(&)7(,(-(&#,('*(&0(&P'*+-8&J%5("%&2%&"%#+%(,%&"1&)(&;.'*(& ".)*,1&;-'"(*',3&'&N1/(,"'*.,1-1%&).-',3&#',(&:&-'&,4"01-&K+1&:&)(&;,."1"6+&!"&"15(-(&P'*+-1%&#(,()#8
;-4"?(&#+&%&):'&7+#1*&/,(.&"(0,(;*'*(8&x1)*%6%'&0%/%"+&0+&0,(;*'*(&*1*1,.,3&01;+&5(,%*1-&-.,8&C,(;*'*('& !"&#.)5.)&0.5"()#&*,(%&-(?%A&:(-('&d'*+81%/&:(-('&`%181%&2%&:(-('&@;E"*181%&>1$9&G(?('&P'*+-1%&
()*(&0(#(,"'*+&0(&o.,1-&)1;,(5&=10(#+*.,()#&'-&7%(#+,1%&?-.@3&#',(&$.*+,+2*(&!"&"15(-(&P'*+-1%&#(,()#8 )(&';-%#+&S"*%*+6%-.,&#',(&!2%&7'#&(/.-16%'&!"&?,'01-&0(&H,('*.,%&0%/%"%&)'1&G'@.,'*.,%("%8&G(?('&o%1-1%&
J%5%#&"1&)(&;.'*(&7'#(&;(&;+54"*&:&,+F@.%3&,(/.-16%(&(*#8&:&7+,+&2*%,('&2%&';,.@',('&)7%"*(%&P,(%5%& )(&';-%#+&("*%*+6%-.,&);%,%*1'-(&#',(&!2%&7'#&(/.-16%'&).-',+8&G(?('&K74"*1-1%&C1$&)(&';-%#+&01$1,%-.,&
;-'"(*',(3&N1/(,"'*.,1-&;-'"(*',3&I &vF8;'r &2% &g&uK7(-'r &;-'"(*(%&9+54"*8&o%(#',(&0%"&#(%&*,(%&I& #',(&!2%&7'#&(/.-16%'&;-'"(*',+8&S/.-16%'&0%/%"+&)(&7'#(&!"&K7(,'&G'@.,'*.,1-1%&#("*,'-3&(/.-16%'&).-',+&
uF8;'r &',(&)1@&')#1-*',('&)'&*,(%&01$1,%&#(,(2*%&:&"15%*(&F)()2,%9 &9,%"&1,5',(3&(L%)*+&".1+&I)().,%8& :&;(&).,%3&%',&#('&;-'"(*',+&:&;(&;-'"(*(8
H4"0&1"1-&0%"&#(%&*,(%&I&uF8;'r&#.@.',+&-'&)1;,'7'6'&;+54"*1-1%3&;("*,1&'&)(&!"*,1;'3&-.#1-&)+1&()*(& 9(&9+54"*&);%,%*1-&15'"&!2%&7'#(&2#.'-'&!"&*,(%&F."(&)'1&"%/(-(&)1;,';1)(3&'/4"0&7.,5'&1".,&
.#1;'*3&*(5;.,',3&0(&#(%&*,(%&I)().,%&#.,();1"F+*.,%8&I)*7(-3&#4"0&IE&uF8;'&)(#1"5r&):'&#.@.,4*&2%&):'& )7(,( & #."#("*,%#(3 & 0( & -' & )1;,'7'6' & ;+54"*1-1% & !" & )1)8 & C(')1;,' & -., & )( & '7-+ & '- & ;'*,1-(' & "%/(-3 & '-&
!"*,1;'*&#'&.53&)1@&"15(-(&0(&R.'"&p.*(F+*.,1-3&'&7.)*&!"-.#1%*&0(&I)().,%%&)+%3&;("*,1&#'&P,(%5('& !"?(,%-.,8&I2'0',&;-'"(*'&".')*,+&',(&!"&=1,1-&(%&;'*,1&5',%&F."(&7-1%0%#(<A&*,(%&15'"(&2%&1"'&'"?(-%#+8&
)1;,(5+&)+&7%(&!"*,('?+8&G'&7(-&):'&!"*45;-'*&2%&#4"0&'&#.@.,4*&IZE &uF8;'&*(,.r/ &'-&*,(%-('&7'#*.,&'-& R'*+&!"6(-()1-&#(-.,&;'*,1&(/'"?$(-%2*%&'%&C.5"1-1%3&#(-(&;'*,1&F."(&7-1%0%#(&7%%"0&,(;,(F("*'*(&#."#,(*&
)7%"*(%&P,(%5%&;-'"(*',(3&;("*,1&'&0(/("%&1#("%#1-&#(-&5'%&*4"+,&'-&C.5"1-1%8 ;,%"&;'*,1&#1/4"*+*.,%&'%&!"6(-(;#%1"%%&C.5"1-1%8
H4"0&IE &uF8;'& )(#1"5r &2%&IZE &uF8;'& *(,.r &'1&7.)*& 0(.0'*+&.'5("%&;(& ;+54"*3&;("*,1&'& 7%& !"& W."'&!"?(,%-.,&()*(&!5;+,6%*+&!"&*,(%&)7(,(&0%7(,%*(&;,%"&#'-%*'*('&7-1%0(-.,&#(&.&'-#+*1%()#&2%&;,%"&
;,('=5'&0%/%"1-1%&N1/(,"'*.,&).-',3&#."01#(,('&9+54"*1-1%&)(&#.5;1"('&0%"&2';*(&01$1,%A&I-7'& ,'"?1-&!"?(,%-.,&#',(&.&;.;1-('F+8&[("%"0&0(&-'&(L*(,%.,&);,(&)1;,'7'6'&;+54"*1-1%3&'/(5A
;,%5 &uFr/ &#(%&*,(%&-.#6%%*.,%&)'1&I)().,%&'%&)(#1"01-1% &uFkr/ &;-1)&#(%&*,(%&-.#6%%*.,%&'%&*(,61-1% &uFOkr &:& <8K7(,'&!"-(,%82,&5(&(0281.%(&5%0%"+]
)*+;4"1-&'#()*(%&;-'"(*(8&SL*,(5&0(&,',&):'&!"*45;-'*3&!"&*,(#1*1-&9+54"*1-1%3&)+&#.@.',(&0(.0'*+&#(%& V8K7(,'&!"-(,%82,&5(&(0281.%(&)28',+]
*,(%&I-7'8&!"&'#()*&#'F3&-.#6%%*.,%%&'1&7.)*&!"&"15+,&0(&*,(%&.,%&*,(%&:&".1+&I)().,%3&01$1,%&!"?(,%8 X8K7(,'&!"-(,%82,&5(&(0281.%(&48'"(*',+9
!"&%"7%"%*'&K'&!"6(-(;#%1"(3&P'*+-&'&).#.*%*&#+&"1&()*(&@%"(&#'&"15'%&1"1-&)+&$.*+,(')#+8&C(&'#(('& !"&'#()*(&*,(%&)7(,(&)(&$.*+,+2*(&*.'*+&/%'6'&/.')*,+&15'":*,1;(')#+8&K1@&F."'&
S-&'&%")*%*1%*&*,(%5('8&9,%51-&7.,5('F+&*(F'3&'-&0.%-('&)*'@%-(2*(&'"*%*(F'&2%&'-&*,(%-('&$.*+,+2*(8&P.*1-& '"?(-%#+&:&7.,5'*+&0%"&*,(%&)7(,(&'"?(-%#(&:&)(&'7-+&*,(%&F."(&15'"(A&R8&W."'&
)( & 7'#( & 01;+ & 1,5+*.,1- & 5.0(- & 0%/%"A & #(- & 0%"*4%& ;,.;1"( & . & *(F+3 &. &;+,(,( &')1;,' &1"(% & ;,.@-(5(& 51$1,%82,&'8A(&:&#('&5'%&!"0(;+,*'*+&0(&;+54"*Q&RR8&W."'&51$1,%82,&'8A')*,(]
.',(#',(8&I-&0.%-('&,();%"?(&'#('&;+,(,(3&;,.;1"4"0&'-*'8&I-&*,(%-('&=10(#+&#(-(&0.1+&;+,(,%&2%&';.%& RRR8&W."'&51$1,%82,&,23%%&:&!"#."=.',+&)1;,'7'6'&;+54"*1-1%8
$.*+,+2*(8&9,%51-&"1&',(&/.%(&)+&',?15("*(F(3&#%&"15'%&;,.;1"(8&I-&0.%-('&"1&',(&/.%(&)+&7%(&0(& !"?(,%%&;,%5()#&.,0%"&0%"&K7(,'&0%/%"+&)'1&0%"&K.',(&2%&-(&';-%#+&'0&-%**(,'53&')1;,'&-15%%&*,1;(2*%&
'#.,03&)+&)(e&1"(')#+&#1&;+,(,('&#(-1%&0%"*4%3&0(&.,%#(&7(-&',&7%&('3&(-&"1&;.'*(&0(#4*&)+&(5%*+&.&".1+& 0(&-'&)1;,'7'6'&;+54"*1-1%8
;,.;1"(,(8&!"&7%"(3&'-&*,(%-('3&(L'5%"4"0&#(-(&0.1+&;,.;1"(,%&)(&;.'*(&1"%&#1&1"'&0%"&(-(3&)'1&;.'*(&
;,(F("*'&.&".1+&;,.;1"(,(8&H1/4"*1-&)e+1&()*(&$.*+,4*.,3&0(2%&()*(&'-&*,(%-('&I-7'&uFOkr&:&#(-&5'%&5%#8&
J%#%&1"1-&"1&;.'*(&-1#,'&%"0(;("0("*8&!"6(-(;#%1"('&0%/%"+&'&)*'*.,"%#%*&;("*,1&*.*0('1"'&#'&)+&;.'*+&
7%&;1)+&!"&(L(#16%(&"15'%&-1#,',('&$.*+,4*+&!"&#.")%-%13&01;+&5.0(-1-&0(&5'%&)1)8&a&0'*+&#(&P,(%5('& <
&9-'"(*'&9+54"*&()*(&7.,5'*+&0%"&H(,1-&)'1&);'6%1-&)+1&#(,()#&:&-.#1%*&0(&("*%*+6%&);%,%*1'-(3&2%&0%"&?-.@1-&*(,()*,13&P(,,'&:;.;1-'*&
0(&("*%*+6%&);%,%*1'-(&!"*,1;'*(8&H(,1-&()*(&!5;+,6%*&!"&;'*,1&F."(&7-1%0%#(A&1"'&'"?(-%#+&2%&*,(%&15'"(8&o%(#',(&F."+&)(&0%/%0(&!"&*,(%&
#."01#+*.',(&):'&;,."1"6'*3&*.'*(&01$1,%-(&;+54"*1-1%&*,(@1%(&)+&)(&)1;1"+&$.*+,4,%%&)'-(8 )7(,(8&K7(,(-(&15'"(&)%%"*&!5;+,6%*(&!"&#4*(&*,(%&%"(-(3&0%/%F'*(&-'&,4"01-&-.,&!"&*,(%&);'6%%8&9,%"&1,5',(3&F."'&7-1%0%#+&15'"+&#1;,%"0(&0(&
H(%&".1+&I)().,%&'1&7%(#',(&-4"?+&(%&#4*(&*,(%&'=1*.',(3&*.*&!"?(,%3 &51$1,%&'8(&F5(0+,181%/ &)'1& X&.,%&V_&0(&);'6%%&:&v<&0(&);'6%%&#(,(2*%3&);%,%*1'-(3&)1@&7.,5'&1".,&)7(,(&#."#("*,%#(&-.#1%*(&0(&01$1,%&15'"(8
);%"*(&51$1,%9 &C(&*,(%&.,%&".1+&7'#&0.1+F(#%&2%&2';*(&0(&'=1*.',(3&"15%*( &>(8(-'.%9 &I2'0',3&o.,1-&
)1;,(5&)'1&P,%@1"'-1-&)1;,(5&'-&9+54"*1-1%&)(&#.5;1"(&0%"&X&I-7'3&s&I)().,%&2%&V_&C(-(?'6%8&!"&
*.*'-&Xs&0(&5(5@,%3&)'1&)7%"*(&01$1,%3&%',&*.6%&-'&1"&-.#&)1"*&0("15%6%&@;E"*18&>1$9 W."'&'"?(-%#+

G15('&);'6%'-+&'&9+54"*1-1%

>*%5&#+&'%&.&;+,(,(&,('&0();,(&;.-%*%#+&2%&*.*&#(&6%"(&0(&('8&U.*%/1-D&H."/%"?(,('&#+&%"*(,()1-&!%&
0(*(,5%"+&;(&*.6%&)+&)(&F@'*+3&%',&"1&0,'?.)*('&0(&;,.;+2%,(&'&#(-.,&51-6%8&H1&*.'*(&'#()*('3&)1)&-'&".%3&
!"*,(&51-*(&'-*(-(3&)(&7'#(&2%&;.-%*%#+8
P.'*(&'7'#(,%-(&*(,()*,(3&0%"&;1"#*&0(&/(0(,(&).#%'-&2%&,(-%?%.)3&)1"*&$.*+,4*(3&!"&1-*%5+&%")*'"6+3&
0(&#(%&*,(%&N1/(,"'*.,%&;-'"(*',%3&I&uF8;'r&2%&g9&uK7(-'r&;-'"(*(%&9+54"*8&9("*,1&#'&'#6%1"('&-.,&)+&
7%(&1"%*',+3&)1"*&-(?'6%&1"1-&0(&'-*1-&;,%"*,:1" &#2,52"&;81%5%#&)28',/ &-(?+*1,+&0%/%"+&7+#1*+&0(&*,(%&
,(;,(F("*'"6%&)'1&5'"0'*',%&'%&P,(%5%%&).-',(8&&&&3
P,%"%*'*(&(L%)*+&;,(*1*%"0("%3&7%%"0&.&7.,6+&#',(&-1#,('F+&0%"&/(2"%#%(8&9,(/+F+*.',(3&C%/%"%*'*('&'&
.,4"01%*&7.,6(&.;1)(&;()*(&*.'*(&5%-%',0(-(&0(&#.,;1,%&#(,(2*%3&#'&"1&#15/'&)+&%"*(,/%"+&/,(.0'*+&
',@%*,',1-8&!"&7'6'&'#()*(%&*,(%5%3&):'&%")*%*1%*&2%&.&*,(%5(&.;.F%6%."%)*+8&C(2%&#(%&*,(%&I-7'&)1"*&);%,%*(&
0(&!"'-*+&2*%%"6+&2%&)7%"6("%(3&*.*12%&P'*+-&0%/%"&'&).#.*%*&#+&(&;.)%@%-&)+&?,(2(')#+3&2%&;("*,180(;-%"'&
)%?1,'"6+&'&I,5."%(%&0%/%"(3&'&%")*%*1%*&2%&;2,.(&*,(%7%#(&#2"*,',(9
!"&5',%-(&;,.@-(5(&0(&#."01#(,(&2%&(/.-16%(e;,%5'&*,(%5(&;,.;1"(3&%',&'&0.1'&*,(%5(&:&.#'F%."'-&
#.")*%*1%*+&:&;.'*(&)+&7%(&0(&;+,(,(&#."*,',+8&!"&'#()*&#'F3&)(&0()(5"('F+&0%"&)1@'-*(,"%&'&*,(%'&*,(%5(3&
#',(&:&0(2%&5'%&5%#+&!"&?,'0&:&$.*+,+2*(&!"*,:1"&7(-&)'1&'-*1-8&I#(')*+&$.*+,4,(&()*(&0(7%"%*%/+&2%&7+,+&
';(-3&7%%"0&;1)+&%5(0%'*&!"&';-%#',(8&K+&0'1&1"&(L(5;-18
o.,6'&*,(%5%#+&;,%5+&);1"(e&BK+&)(&0(#-',(&,+F@.%&!"*,( &f&2%&iE8&I&0.1'&*,(%5(&;.'*(&,%;.)*'A&
BJ13&)+&"1&7%(&,+F@.%&!"*,(&(-(E8&!"&7%"(3&'&*,(%'&7.,6+&*,(%5%#+&$.*+,+2*(A&BK+&7%(&,+F@.%3&0',&"1&'#15E8
9,%" & 1,5',(3& "1&(L%)*+&0(#4*& .&)%"?1,+&#."01#(,(& : &)74"*' &P,(%5(&;-'"(*',+3 &I &uF8;'r &2% &g9&
uK7(-'r&;-'"(*(%&9+54"*8&C',&!"&'"15%*(&;,.@-(5(&0(.)(@%*(&:&;,(7'#(,%&).#%'-(3&!"*(5(%(,%&0(
V_\ ?271"%#+,%&5%"&?(, V_T
>%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*(

o%(#',(&0%"&#(-(&*,(%&F."(&15'"(&:&'-@+3&'-@')*,+&2%&,.2%(3&;.;1-'*(&0(&);%,%*(&15'"(3&0(&.'5("%& 9,(#15&/:'5&5'%&);1)3&".%&)1"*(5&.'5("%&#'&2%&/.%3&2%&"(&;-'#(3&')(5("('&/.1+3&)+&'/(5&
);'6%'-%&:&()*(&!5;+,6%*+&!"&#4*(&*,(%&)7(,(8&9,%"&1,5',(3&(L%)*+&".1+&)7(,(&7-1%0%#(&15'"(A&*,(%&'-(& -(?+*1,%&).#%'-(8&[.%&)1"*(6%&'*,'2%&1"%%&0(&'-6%%&01;+&%"*(,()(-(&/.')*,(3&01;+&"'*1,'&/.')*,+&*,1;(')#+8&
01$1,%-.,&'-@(3&*,(%&'-(&01$1,%-.,&'-@')*,(&2%&*,(%&'-(&01$1,%-.,&,.2%%8 I;,.;%(,%-(&".')*,(&'1&'-*(&5.*%/'6%%3&)1"*&0(*(,5%"'*(&0(&'-*(&#'1F(A&'7%"%*'*(&);%,%*1'-+3&';-%#',('&!"&
W."'&'-@%-.,&()*(&;.;1-'*+&0(&);%,%*(&15'"(&'-@(&0(&*,(%&#'*(?.,%%A&27&'8A&5%0%"/&27&'8A&)28',&2%& #.51"&'&-(?%-.,3&;,(7'#(,('&5'*(,%%-.,&(*(,%#(3&(/.-16%'&'&*.*&#(&"(&!"#."=.',+&2%&;,.;,%'&".')*,+&
27&'8A&48'"(*',9&I#(('2%&!5;+,6%,(&;(&#'*(?.,%%&(L%)*+&2%&!"&(*'=(-(&'-@')*,(&2%&,.2%%8 (/.-16%(8&I-*(&,().,*1,%&/+&!"0('5"+&;(&/.%3&.'5("%&*,1;(2*%3&#',"'-%3&2%&'-*(-(&;(&".%3&.'5("%&#(,(2*%8
I2'0',&'/(5&0(&*,(%&.,%&);%,%*(&0%/%"(3&).-',(&2%&;-'"(*',(8&C(&*,(%&.,%&*,(%&7'#&".1+&#'*(?.,%%&(-(& >*%1&#+&/+&!"*,(@'6%&0(&#(&/+&F%#(5&#',"'-%8&[+&);1"(5&')*7(-&;("*,1&#+&2%&/.%&2%&".%&)1"*(5&
);%,%*(&15'"(8&C(')1;,'&-.,&)1"*&#(-(&*,(%&(*'=(&'"?(-%#(3&#1&#4*(&*,(%&#'*(?.,%%&0(&!"?(,%8&R"&*.*'-& .'5("%3&0',&/.%&'/(6%&',51,'&#+,"%%3&*,1;1-&;(&#',(&".%&"1:<&'/(58&H.,;&7%F%#&'/(6%&/.%3&#.,;&7%F%#&
(L%)*+&0.1+);,(F(#(&(*'=(3&#1&0.1+);,(F(#(&#'*(?.,%%&0(&01$1,%8 '/(5&2%&".%8&9,%"&1,5',(3&7%F%#%&)1"*(5&#1&*.6%%8&K+&"1&*(&5%,%&0'#+&'7%,5&#+&2%&".%&'/(5&1"&#.,;&
!"&7,1"*('&7%(#+,1%'&0%"&'#()*(&0.1+);,(F(#(&(*'=(&:&".1+&15'"(&2%&*,(%&'"?(-%#(&h&)(&'7-+&#4*(&.& 7%F%#8&C'3&'/(5&1"&#.,;&7.,5'*&0%"*,:.&5'*(,%(&)1@*%-+3&7-1%0%#+3&0',&()*(&7%F%#+3&%',&"1&;)%$%#+8&C%"&
*,(%5(&'"?(-%#+8&9,%"&1,5',(3&!"&-15('&);'6%'-+&'&9+54"*1-1%&(L%)*+&0.1+);,(F(#(&0.5"%%8&J1&1"1-& 5'*(,%'&;)%$%#+&'&7.)*&#,('*+&)#4"*(%'&5('&2%&'&*1*1,.,&01$1,%-.,8
#."01#(&7%(#',(&0.5"%(3&#%&#4*(&*,(%3&'0%#+&#."01#(,('&()*(&2%&'%#%&*,(%5%#+8&H1&'-*(&#1/%"*(3&#(-(& S1&"1&)1"*&"15'%&.&)#4"*(%(3&.&7-'#+,+&71?%*%/+3&1"&71-?(,Q&(1&)1"*&.&)#4"*(%(&!"/(-%*+&!"*,:1"&#.,;&
0.1+);,(F(#(&(*'=(&)1"*&#."01)(&0(&0.1+);,(F(#(&*,(%5%8&!"&-%"%(&?("(,'-+&*,(%5('&()*(&7.,51-'&0(& 7%F%#8 & J.% & )1"*(5& .'5("% & 7%F%#%3 & ;("*,1 & #+ & )1"*(5 & ;.)().,% & 0( & #.,; & 7%F%#8 & H+ & 7%F%#1- & ".)*,1 & "1&
#."01#(,(&'&-15%%&'"?(-%#(3&%',&0.1+);,(F(#(&:&'&-15%%&15'"(8 #.,();1"0(&#1&'-&/.)*,1&:&()*(&'-*#(/'8&P.*1-&()*(&!"&,';.,*&#1&5(0%1-&!"&#',(&*,+%(2*%8&R'*+&0(&#(&/+&
o%(#',(&*,(%5(&',(&,();.")'@%-%*'*('&2%&#."01#(,('&-15%%&01$1,%-.,&0%"&(*'=1-&)+18&C',&#4"0&()*(& F%#(5&#',"'-%3&)'1&.'5("%&#1&$'%"+&#',"'-+8
"(/.%(&0(&.&#.")1-*',(&2%&$.*+,4,(&?("(,'-+3&';-%#'*+&=.)3&.'5("%-.,&0(&;(&;+54"*3&)(&'01"+&).@.,1-& I2'0',3&".%&)1"*(5&?,1;'6%&!"&#.-(#*%/%*+6%3&7%%"0&-(?'6%&1"%%&0(&'-6%%&;,%"&-(?+*1,%&0(&%1@%,(&2%&338&
#(-.,&0.1+);,(F(#(&(*'=(3&'0%#+&#(%&0.1+);,(F(#(&;,%5%&0%"&7%(#',(&*,(%5(8&R'*+&!"6(-()1-&;("*,1&#',(& '=1*.,;(,5'"("*8
C.5"1-&2%&)*,+-1#%*1-&".)*,1&K*+;4"&).-',3&#4"0&):'&#.@.,4*&;(&9+54"*&2%&):'&7+#1*&.5&*,1;()#3&2%:'&
'01"'*&!"=1,&0.1+);,(F(#(&';.)*.-%3&,(;,(F("*'"6%&'%&#(-.,&0.1+);,(F(#(&(*'=(&'-(&9+54"*1-1%3&0%"*,(& ('''$''',$
#',(&1"%%&'1&#.@.,4*&.0'*+&#1&S-&%',&'-6%%&#$%',&!"'%"*('&G1%8
U',(-(&R)1)&%:'&'01"'*&!"&=1,1-&K+1&;(&,(;,(F("*'"6%%&#(-.,&0.1+);,(F(#(&(*'=(&)'1&0.5"%%3&2%&-'& IZ&`I-7'&;,%5b3&#(-&5'%&5',(&!"?(,&'-&9+54"*1-1%3&*,'")5%*(&0(&-'&1"&#';+*&-'&'-*1-&'-&9+54"*1-1%&
#%"'&#('&0(&*'%"+&-(:'&.,0."'*&#(&)+&7'#+8&c1;4"0&;4%"('3&'&'0+1?'*A &i:1'.%/&7E"#'.%/&'#()*'&()*( & 1"+(6-E"51,%9&S-(&"1&)1"*&.,0%"(3&#%&#10%"*(&5(&#2"0%"-(,(9&S-&)(&,.'?+&P'*+-1%&#(,()#&2%&)7+*1%(2*(&
*,1418&J(1&#',(&4("*,1&02%&)(&;,E"-(k9&I;.%3&.7(,%"01:-(&#1;'&#1&/%"3&-(:'&F%)A&i:1'.%&3%&A(.%/&'#()*' & ;(&#(%&0(&)1@&S-8
()*(&)E"-(8(&J(1/&#',(&)(&0',)+&4("*,1&02%&3%&4("*,1&#(%&718.%&'%&48'"(*(%&C+7E"*k9 R"&,1?+#%1"('&K'3&IZ&51-615(2*(&5'%&!"*4%&N1/(,"'*.,1-1%&#("*,'-&'-&1"%/(,)1,%-.,3&;("*,1&*.*&#(&
916%"%&0%"*,(&/.%3&#(%&0(&=.)3&#1".)#&!"6(-()1-&'#()*.,&*'%"%#(&#1/%"*(8&94%"('&()*(&;,.01)1-&7'%"(%3& '&7+#1*A&i!"&"17(8(&d'*+81%/&'8&`%181%&3%&'&7',%82,&@;%"*(&>1$1,%b&K/&>2'7"(/&'8&"2)*,1&@*+4E"&!" &
%',&7'%"'&()*(&@.@1-&0(&?,41&)7+,45'*8&N,41-&):'&7+#1*&5',(&2%&'&,.0%*3&;,(7'#4"0&;+54"*1-&'@).,@%*&!"& 0(3"%#%(/&=.%&718.17%7&4("*,1&;(,%#%,('&4(&#',(&2&-1)*+7&!"&817%8(&#,('*(&5(&d%"(kj
)*',( & 0( & ).-16%( & ;,%" & ,+0+#%"%-( & )'-(8 &I2'0', & ;4%"(' & ()*( & ;+54"* & *,'")7.,5'*8 & C',3 & !" & 0(7%"%*%/3& 9,%5'&;',*(&'&,1?+#%1"%%&K'-(&(&.&51-615%,(8&C1;+&'#(('3&IZ&(5%*(&#(,(,('&0(&'&7%&!5;1*(,"%#%*&#1&
5%"(,'-(-(&?-.@1-1%&".)*,1&'1&;,./("%*&0%"&*,'")7.,5+,%-(&7-1%01-1%&.,%?%"',&'-&"(@1-.')(%&;-'"(*',(3& ".%-(&".,5(&0(&#."01#(,(&);,(&;,.?,()A&i&K/&>2'7"(/&F*2'*(;+#+*2,18(/&2/&`%18(&#',(&#1"23*%&*2'*( &
#',(&:&-'&,4"01-&(%&:&'&7.)*&.&;',*(&0%"&"(@1-.')'&).-',+8&o-1%01-&).-',&()*(&5'*(,%'&#1&#',(&K*+;4"1-& ,2)*1,%8(&!";+4*1%,%82,&d'8(/&'&(0281.%(%&#',(&0%"(/&"(&!"0,(5"%#(3*(&4(&"2%&#1&41*(,('&4(&#',(&"(6'%&
".)*,1&'&/("%*&0%"&K7(,'&0%/%"+3&0(&-'&P'*+-3&()*(&;,.;,%(*'*('&o%1-1%3&;',*(&%"*(?,'"*+&0%"&!5;+,+6%'&K'8& 5'*62&!"&#'8%*'*(&5(&)(,0%&5(02*'.%&w%(&3%&d'*+81%&d+1/&#'&"2%&)+&41*(7&81#,'&'%#%bk
!"&'#(-'2%&*%5;3&;-'"*'&;,%5(2*(&5(,(1&,'F(&7-1%0%#(&0(&-'&K.',(8&J15'%&?,'6%(&,'F(-.,&#.)5%#(&2%& 9',*('&'&*,(%'&'&,1?+#%1"%%&()*(&1"&';(-&#+*,(&*.6%&#.-'@.,'*.,%%&K+%3&0(&*.'*(&?,'0(-(A&B&K/&;%%".(&
).-',(&;-'"*'&'&#,()#1*&2%&'&7+#1*&);%#(8&9,%"&1,5',(3&!"&7%(#',(&@.@&(L%)*'&.&;+,*%#%#+&7-1%0%#+&0%"& #1-(*+*2',(/&#',(&82#1%.%&'#()*(&)4'.%%&5(&)1A&J%"(/&2/&02%&;%%&'%&'#(81%'3%&d'*+&#(,()#/&')#18*'.%&#(8(&
!")+2% & #.,;1- & )7(,(% &).-',( &#',( &()*( & !5;+,+6%'& C.5"1-1%8 &I2'0', & ;4%"(' &#."6%"( &#(/' &0%" & !")12%& #(&R1/&)*+4E"18&'#()*1%&-82A&48'"(*',/&0+&)41"/&'3'&4,(#17&')#18*&3%&R1&-8')18&`%181%&3%&'3'&4,(#17 &
#.,;1-&H(-1%&#(&#."01#(&'#()*&)%)*(5&;-'"(*',8&I#(('2%&(L;-%#'6%(&#.,();1"0(&2%&/%"1-1%3&#',(&2%&(-& 3%&R8&')#18*+&5(&-8')18&d'*+81%&"2)*,1&'8&*1*1,2,9&F)#18*'.%&5(&-8')18&J(1&'51#+*2,&5(&;(,%#%,(&3%&0(.%&;% &
#."6%"(&;',*%#1-(&7-1%0%#(&0%"&#.,;1-&0%/%"&'-&C.5"1-1%8 7E"*1%.%&4,%"&J%"(/&N")18&`%181%&:1%&>17"(M(19&F7%"bk
a,0%"(&".%&).)()#&0%"&K7(,'&#("*,'-+&!"&K.',(8&I#()*(&.,0%"(&)1"*&0(#.0%7%#'*(&!"&K.',(&:&;("*,1&'& H%"(&/'&'/('&1,(#$%&/'&')#1-*'&0(&?-')1-&G1%&2%&)(&/'&@1#1,'3&;("*,1&#+&/'&;,%5%&#.,0."1-&P'*+-1%&
7%&!"6(-()(&0(&!"?(,%%&;-'"(*',%&:&7%%"0&*,%5%)(&-'&7%(#',(&;-'"(*+3&;.*,%/%*&?,'01-1%&2%&5.5("*1-1%&!"& #(,()#&2%&/'&7%&@.*(F'*&#1&@.*(F1-&0(&7.#&'-&#,(2*(*1-1%&)+1&2%&')*7(-&/'&7%&7(,%#%*&!"&/(#%%&/(#%-.,8
#',(&)(&'7-+&'#('&;-'"(*+3&!"&5(,)1-&)+1&(/.-1*%/8&K74"*'&P,(%5(&;-'"(*',+3&I&vF8;'r&2%&g9&vK7(-'r & a3&/.%&.'5("%&*,1;(2*%&#1&.&#."2*%%"6+&-%5%*'*+&F%1'3&!"&)*',(&0(&/(?$(3&.3&/.%&5%#%&7,'6%&'%&5(%3&)+&
;-'"(*(%&9+54"*&;,%5(2*(&.,0%"1-&0%/%"3&!-&'"'-%F('F+3&!%&/(0(&!"6(-()1-3&2%&01;+&#(&!-&0(#.0%7%#+&;(&.& "1&/+&5%,'6%&0(&#(-(&'1F%*(3&#+#%&'0(/+,&?,+%()#A&"15'%&;,%"&')#1-*',('&.,0%"(-.,&0'*(&0(&N1/(,"'*.,1-&
'-*+&?'5+3&!-&*,'")5%*(&#(-.,&0.1+);,(F(#(&#."01#+*.,%&'%&#(-.,&0.1+);,(F(#(&F."(&'-(&9+54"*1-1%8& #("*,'-3&0(&!5;1*(,"%#%*1-&K+1&o%1&2%&#(-(&0'*(&0(&K74"*1-&".)*,1&C1$3&/(6%&'=1"?(&!"&)%*1'6%%&)1@-%5(&
I#()*&#.")%-%1&(L'5%"('F+&5%=-.'#(-(&0(&(L(#16%(&'-(&.,0%"1-1%&,();(#*%/&2%&';.%&)(&*,(#(&-'&;1"(,('& 2%&/+&/(6%&@1#1,'&0(&7(,%#%,('&/(2"%#+8&N-')1-&C.5"1-1%&".)*,1&R)1)&,+)1"+A&iC(&#(8&#(&86'7&!"#%")&#1&
-1%&!"&;,'#*%#+8&o%(#',(&!"?(,&#."01#+*.,&#$('5+&;(&)1@'-*(,"%%&)+%&;("*,1&(L(#1*',('&.,0%"1-1%8&P.'*+& #2,52"18&;(,%#%,%%&3%&86'7&A2*(M'*&#1&;2#/&0'&;%&7',(&!"&#('*'&51$1,%82,k9
-15('&'"?(-%#+&-1#,('F+&5(,(13&;,%"&;1*(,('&1,%'2(-.,&-.,&7.,6(&);%,%*1'-(3&-'&!5;%"?(,('&5'%&0(;',*(& I)(5("('&#1/%"*(&'&'1F%*&2%&5',('&".')*,+&7(#%.',+3&5',(-(&01$&)74"*&%1@%*.,&0(&.'5("%3&#',(&
'&;,(7'#(,%-.,3&7%(&'&5'*(,%(%&?-.@1-1%3&7%(&'&7%%"6(-.,&0(&;(&)1;,'7'6'&)'8 !"*,1;4"01:)(&):'&"15%*&x('""(&0ZI,#8&N-')1-&".)*,1&.&15;-('&0(&7(,%#%,(&2%&;1*(,(8&S'&"1&5'%&'/('&
*('5+&0(&5.',*(8&H%"(&"(&#1".'2*(&2%&"(&'10(&?-')1-&5.',(&7(,%#%*3&;("*,1&#+&0.,(2*(&)+&)(&!"*.',#+&!"&
!5;+,+6%'&?-')1,%-.,&".')*,(8&I1F%"0&?-')1-&".)*,13&x('""(&0ZI,#&'&'7-'*&#%"(&()*(&!"&H(,&2%&):'&15;-1*&
0(&#1,'=&2%&;1*(,(3&5(,?4"03&#'&1"&5%(-3&-'&5.',*('&(-%@(,'*.',(8&I&51,%*&')(5("('&#(-.,&5'%&5',%&
p.*(F1-&2%&#.,0."1-&7(,%#%,%% (,.%&'%&.5("%,%%8&H(%&#(&6%"&#,1#('&!"&54"+3&'1&=10(#'*:.&2%&#."0',""'*:.&-'&5.',*(8&S%&'1&#."*,%@1%*&
-'&0()*,1;',('&(%3&0',&0(F-(?4"0:.&0(&/%'6'&*(,()*,+&):'1&-(?'*&0(&('8
C()*%"1- & '#()*(% & 6+,%3 & #' & 2% & '- & !"*,(?1-1% & ;+54"*3 & ()*( & 0(*(,5%"'* & 2% & 1,5+,%* & 0( & H."01#(,('& U(,?4"0&!"&H(,&2%&;,(F("*4"01:)(&-'&IZ&`I-7'&;,%5b3&%:'&);1)A&BC.'5"(3&!%&%(,*&;("*,1&#+&":'1&
)1;,(5+&'&9+54"*1-1%3&0(&#(%&*,(%&I-7'3&%',&!"&=1,1-&o.,1-1%&)1;,(5&)*'1&#(-(&0.1+);,(F(#(&0.5"%%& 2*%1*&#(&7'#3&%',&(1&'5&7+#1*&#(('&#(&?-')1,%-(&#(,(2*%3&!"&"15(-(&P+13&5:'1&!"0(5"'*&)+&7'#EA&IZ&'-&
;-'"(*(%&".')*,(&%:'&,+);1")A&Bp%"(3&)17-(*&7,15.)3&5',(-(&".)*,1&)74"*&2%&#+;(*("%(&0(&0.5"%(3&;("*,1&
*,(%5%#(8 0()*%"1-&;(&#',(&-:'%&#(,1*&2%&'*4*&0(&7,15.)&R:'%&!5;-%"%*3&!6%&'#.,0+5&0(&'#15&!"'%"*(&0,(;*1-&0(&
[+F01$1-&(*(,%#&'-&9+54"*1-1%&()*(&)*,+@+*1*&0%"&*.'*(&;+,6%-(&0(&.,0%"(&/("%*(&0(&-'&H("*,1-& )*+;4"%,(&')1;,'&#(-.,&#(&*(:'1&#."0'5"'*Q&)+:6%&7%(&)(,/%3&;("*,1&#+&.5.,4"01:*(3&'1&!"#+-#'*&#1&
#,('6%%-.,3&0(&.,0%"(e/("%*(&0(&-'&H("*,1-&).-',&2%3&!"&'#(-'2%&*%5;3&0(&.,0%"(&).)%*(&0(&-'&o.,1-&)1;,(5& 2*%%"6+&-(?('&P'*+-1%8&[(%&/(0('&2%&/(%&'1F%&#15&#(%&0(&=.)&*(&/.,&;,.)-+/%8E
'-&?-.@1-1%&".)*,18&!"&7%"(3&*.'*+&F."'&7-1%0%#+&0(:=1,:!5;,(=1,1-&?-.@1-1%3&?,.')+&0(&#4*(/'&)1*(&0(& I1&*,(#1*&/('#1,%&0(&'*1"#%&2%&@%)(,%#+&0(&#."7()%1"(&#'*.-%#+&):'&;-(#'*&15%-%*+&2%&'&@('*%7%#'*:.&
5%%&0(&]%-.5(*,%3&()*(&)*,+@+*1*+&!"&-1"?&2%&!"&-'*&0(&1"0(-(:?4"01,%&'-(&5%-%',0(-.,&0(&01$1,%&15'"(8& ;(&x('""(&0ZI,#8&H(&%,."%(M&p%)(,%#'&'&#.")%0(,'*:.&(,(*%#+&2%&'&#."0'5"'*:.&-'&5.',*(&;(&,1?3&2%&';.%&
o%(#',(&7(-&0(&?4"0%,(&',(&-1"?%5('&)'&0(&1"0+3&#'&)+&5+&(L;,%5&!"&-%5@'=1-&/.)*,1&*(,()*,13&;("*,1& *.*&('&/%"(&2%&.&;,('5+,(2*(3&,(#1".)#4"0:.&)74"*+8
#+&".%&"1&5+)1,+5&!"&5(*,%&(L;,()%'&)'1&/%@,'6%'&?4"0%,%%3&#%&01;+&'#.,01-&"%/(-1-1%&(/.-1*%/&'-&#(-1%&
#',(&.&(5%*(&)'1&,(#(;6%."('F+8 )'''';#))))#
VU_ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"&?(, VUU

U:'5&!"0(;+,*'*&0(&)1@%(#*3&0',&,(/%"8&I5&);1)&'-*+0'*+&#+&!"&H(,&.,%#(&-1#,',(&)(&7'#(&"15'%&!"& ,(!"*,1;+,%-(&/.,&7%&)#1,*(3&5.',*('&)(#(,4"01:-(&#1&"(5%-1%*'8&S-(&'1&"(/.%(&0(&1"&*%5;&)#1,*&0(&*,'%&
').#%(,%&*,(%5%#(8&I5&);1)&#+&!"&-15('&);%,%*1'-+&"1&)(&-1#,('F+&%"0%/%01'-&#%&"15'%&!"&').#%(,%&0(& !"&-15('&);%,%*1'-+3&,(/("%"0&0%"&".1&-'&/%'6'&*,1;(')#+3&;("*,1&'&!"/+6'&)+&)(&$,+"(')#+&2%&,(;,.01#+8&
#4*(&*,(%8&S%&@%"(3&0();,(&'#(')*+&*,(%5(&/,('1&)+:6%&/.,@()#&'F%&#(/'&5'%&;(&-',?8 C1;+&5%%&0(&/%(6%3&#1&01,'*+&7.',*(&)#1,*+&7'6+&0(&'&/.')*,+3&01;+&(L%)*("6'&0(&@',@',%(3&)1"*&@.*(F'*(&
o,'*(3&*13&#',(&)*'%&'#15&!"&'#(')*+&#'5(,+3&"1&;.6%&)+:6%&0'%&)('5'&#(&'#*%/%*'*(&%"*(")+&0.5"(2*(& 0(&@.*(F+*.,%%&'#(-(%&;-'"(*(8&I2'0',&01$1-&'&*,(#1*&;,%"&*,(%&@.*(F1,%A&!"&G'@.,'*.,3&!"&K.',(&2%&!"&
!"&);'6%%-(&0%"&=1,1-&;+54"*1-1%8&J.';*('&'7-%&2%&*1&0(&'#(')*+&'#*%/%*'*(3&0',&0%5%"('6'3&#4"0&,(%"*,%&!"& ;-'"(*+8
*,1;1-&*+13&"1:6%&5'%&,+54"(&"%5%#&!"&5(5.,%(8&I;.)*.-%%&/(0('1&2%&(%&".';*('3&0',&'/('1&7(,%#%,('&0(& W."'&'"?(-%#+&'&.,%#+,(%&;-'"(*(&()*(&'-#+*1%*+&-'&7(-&#'&-'&".%3&0',&,'"?1-&-.,&0%7(,+&0(&-'&;-'"(*+&
':2%&'5%"*%&F%1'&0(&*.*&#(&'1&/+F1*&)'1&'1F%*&".';*('8 -'&;-'"(*+3&01;+&?,'01-&-.,&0(&(/.-16%(8&9,%"&1,5',(3&(L%)*+&'*4*('&7(-1,%&0(&@.*(F+*.,%&;-'"(*',%3&#4*(&
I#*%/%*'*('&01$1,%-.,&()*(&0(&0.1+&7(-1,%A&%"5%0%51'8+&2%&*,(%7%#+9&9.6%&'#*%/'&)%"?1,&-'&,%0%#',('& 7(-1,%&0(&;-'"(*(&)1"*&!"&'#(-&)%)*(5&).-',8
*'&2%&'&)(5("1-1%&*+13&0',&'#*%/%*'*('&*,(%5%#+&()*(&.&'#*%/%*'*(&#1&.&)7(,+&5'%&-',?+3&!"&)#.;1-&0(&'& K%)*(5(-(&).-',(&'1&2%&(-(&(/.-16%'&-.,8&I)*,1-&)'1&K.',(-(&".)*,1&"1&()*(&1"&#.,;&#(,()#&;,%5%*.,&
%"7-1("6'&5(0%1-&'5@%'"*3&7%(&')1;,'&#(-.,-'-*(&);%,%*(&%"0%/%01'-(&0%"&);'6%13&7%(&')1;,'&#(-.,&!"*,1;'*(8 0(&01$1,%:#.;%%&15'"(3&0(.',(#(&',(&.&(/.-16%(&!"'%"*'*+8&H('&5'%&!"';.%'*+&;-'"(*+&'&'#()*1%&)%)*(53&
9("*,1&#'&1"&01$&)+&0(/%"+&.&7.,6+&*,(%5%#+3&*,(@1%(&)+&)(&,%0%#(3&;,%"&(/.-16%(3&-'&1"&'"15%*&?,'08 2%&#',(&(&#('&5'%&';,.;%'*+&0(&9+54"*3&;,(F%"*+&0(='&.&#%/%-%F'6%(&5'%&!"'%"*'*+&7'6+&0(&;-'"(*(-(&1".,&
:>%&!"?(,%%&)1"*&#.")*%*1%6%&!"&7.,6(&*,(%5%#(D O )%)*(5(&5'%&!"';.%'*(Q&%',&.51-&0(&'#.-.&"%#%&/.,@+&)+&;.'*+&7%&#.5;','*&#1&);%,%*1-&'=1")&.5&;(&
:C'3&*.6%&!"?(,%%&)1"*&?,1;'6%&#4*(&*,(%&2%&1"(.,%&!"&?,1;(&0%"&#(&!"&#(&5'%&"15(,.')(&0(&7.,6(& 9+54"*3&.,%#4*&0(&!"';.%'*&',&7%8&T"&-1#,+*.,&0(&'%#%3&01)&'#.-.&!"*,(&'#(-(&01$1,%:#.;%%&15'"(3&',&7%&
*,(%5%#(8&a&*,(%5(&()*(&.&').#%(,(&0(&*,(%&01$1,%3&*,(%&%"0%/%01'-%*+6%&1"%*(&;,%"*,:1"&#.,0."&7-1%0%#& 1" & 5',( & %"/("*'*.,3 & /' & ;+,(' & ;("*,1 & (% & 1" & 5',( & .53 & 1" & )'/'"* & #( & ', & *,+% & 7(,%#%*3 & 0(.',(#(&
).-',8&C',&7(,%#%,('&0(&'&'/('&1"&#.,0."&).-',&"1&.&;.*&'/('&0(#4*&01;+&#(&#1&/('#1,%&!"'%"*(&'1& %"*(-(#*1'-%*'*('&)'&',&7'#(&;(&*.6%&)+&#."*,%@1%(&-'&@1"1-&)+1&*,'%8
7.)*&@.*(F'6%&#1&@.*(F1-&7.#1-1%&).-',8 T"&);%,%*&15'"&'01)&'%#%3&-'&".%3&0(&;(&.&;-'"(*+&)1@*(,()*,+3&/'&7%&@.*(F'*&0(&1"&@.*(F+*.,&'-&
:H(&()*(&'#()*&@.*(FD '#()*(%&;-'"(*(3&#',(&/'&7%&.&7.,6+&*,(%5%#+8&S-&()*(&@.*(F'*&#1&7-1%01-&);(#%'-&'-&'#()*(%&;-'"(*(&2%&%&)(&
:9-(#'*&;("*,1&;,%5'&.',+&0%"&K7(,'&#("*,'-+3&);%,%*1-&15'"&()*(&7.',*(&5%#8&S-&()*(&!5@,+#'*&!"*,: 0+&;,%5'&#1-.',(&:&,.2%(&:&'&);'6%%-.,&'7-'*(&)1@&0.5"%'&#(-.,&0%"&F."'&7-1%0%#+&'&R-R:'8&o+,+&'#(')*+&
.&$'%"+&5%"1)#1-+8&K#4"*(%'&!5@,+#'*+&!"*,:1"&#.,;&7-1%0%#3&7.,5('F+&);%,%*1-&15'"8&I)(5("('& $'%"+&;-'"(*',+&(-&"1&',&;1*('&)*'&;(&;-'"(*'&".')*,+8
.51-1% & !"*,1;'* & #',( & 0%" & #.;%-+,%( & #,(2*( & ;4"+ & '=1"?( & -' & 5+,%5(' & .51-1% & 5'*1,3 & 2% & #.,;1-& H4"0&*,(#(&0%"*,:.&0.5"%(&!"*,:'-*'3&01$1-&()*(&@.*(F'*&0%"&".18&SL%)*+&".1+&0.5"%%&;,%"#%;'-(3&
);%,%*1'-&'-&("*%*+6%%&);%,%*1'-(&#,(2*(&5(,(13&!"&0(#1,)1-&5%%-.,&0(&'"%8&T"'&()*(&5+,%5('&01$1-1%: ;(&9+54"*3&0(#%&(-&/'&;,%5%&@.*(F1-&0(&".1+&.,%8&C1;+&7%(#',(&@.*(F3&',(&.&'-*+&#1-.',(&2%&1"&'-*&,'"?&
#.;%-&15'"3&'-*'&5+,%5('&#.,;1-1%&N1/(,"'*.,1-1%&;-'"(*',&2%&#1&51-*&5'%&5',(&()*(&#.,;1-&o%1-1%& !"&-15('&01$1,%-.,&15'"(8
0(&C15"(F(18 &H.,;1-&);%,%*1-1%&#,(2*(&!"&#1,)1-&(/.-16%(%&)'-(3&'#(')*+&#,(2*(,(&7+#4"01:)(&-'& C1;+&;,%5%,('&#(-.,&".1+&@.*(F1,%3&01$1-&;+,+)(2*(&9+54"*1-3&#+#%&"1&5'%&',(&0(&;',#1,)&"%#%&.&
/,(5('&(%3&#1&@%"(#1/4"*',('&'"15%*.,&01$1,%&0(&!"'-*+&(/.-16%(3&"15%*(&B2*(M+*2,%9 2#.'-+3&"1&',(&0(&7+#1*&"%#%&.&(/.-16%(&;(&'#(')*+&;-'"(*+3&0(#%&"%#%&1"&'-*&?,'0&0(&.@6%"1*8&C.5"%%&
o,'*(3&'%&'7-'*& 0( &817('& !"-(,%82,/ &0( &817('&);%".%82, &2%&0( &817('&7()'-(,%82, &!"*,14+*2,% &2%& ;-'"(*(%& 9+54"*& !% &);1"A &// &`%18(/ & '#17 & .%6'%& *(,7%"'* & (0281.%' & 4(& '#(')*+& 48'"(*+/ & 1,7('M+ & )+ &
5()*,14+*2,%/&'#15&'&/("%*&/,(5('&)+&'7-%&2%&0(&817('&A2*(M+*2,%82,9&H%"(&)1"*&'#(2*%&@.*(F+*.,%D&H(& 4,%7(3*%&'8*&A2*(M/&3%&'#(8'&"1&)(&7'%&;'#(&'%#%/&#%&!"&@2',(k9
,'"?&'1&(%D&H(&7'#&'#(2*%&@.*(F+*.,%D&T"&@.*(F+*.,&()*(&.&7.,6+&*,(%5%#+8&p.*(F+*.,&%"0%/%01'-&"1& H4*&*%5;&;,%5(2*(&"15'%&@.*(F1,%-(&0.5"%%-.,&;+54"*("(3&01$1-&15'"&()*(&.&%"0%/%01'-%*'*(&
(L%)*+8&S%&#."*%"1+&,.-1-&#(-.,&0%"&K7(,'&0%/%"+8 *(,()*,+8&S-&()*(&1"1-&2%&"%5%#&5'%&51-*8&91*(,%-(&-1%&)1"*&,(01)(&"15'%&-'&-15('&1"%*+6%-.,8&H$%',&
I5&);1)&#1&'-*+&.#'F%(&#+&01;+&#(&'&%(2%*&0%"&H';1-&0(&P'*+3&;',*%#1-'&)'1&#(-1-'&0%/%"+&'&7.)*& #4"0&'&;,%5%*&#(-&0%"&1,5+&@.*(F&;+54"*('"&(-&()*(&*.*&.&)74"*+&1"%*'*(3&"1&.&*,(%5(8
;,(?+*%*+&2%&!5@,+#'*+&#1&*,(%&!"/(-%21,%3&.;(,'6%%&;,%"&#',(&'&7.)*&0(5(5.,%F'*+&0(&'5%"*%,('&#+&(& !")+&/%"(&/,(5('&#4"0&*,(@1%(&7.,5'*(&2%&7.,6(-(&*,(%5%#(3&"(#()',(&#."01#(,%%&(/.-16%(%&01$1,%-.,&
C15"(F(18&I#15&01$1-&(&?'*'3&0',&!"&'#()*&)*'0%1&(-&"1&2*%(&)+&=10(#(8&C1$1-&()*(&-1'*&0(&'"15%*(& %"0%/%01'-(Q&'*1"#%&).)()#&;(&'#('&;-'"(*+&7()'-(,%&)28',%9&o.,5',('&0(&7.,6(&*,(%5%#(&()*(&1"&5',(&
C1$1,%&0%/%"(3&'7-'*(&!"&G'@.,'*.,3&2%&%")*,1%*3&0(;,%")&#15&)+&,'6%."(F(3&2%&51-*(&5%%&0(&'"%&!%&*,(@1%(& (/("%5("*8&G'&'"15%*(&(;.#%3&*,(@1%(&(-%@(,'*(&.&;',*(&0%"&7.%6(-(&*,(%5%#(&'-(&;-'"(*(%&9+54"*&2%&
;4"+&0.@4"0(2*(&,10%5("*(&0(&".6%1"%&'@)*,'#*(3&"(#()',(&(/.-16%(%&)'-(&0(&01$&15'"8&H4"03&!"&7%"(3& ()*(&"(#()',+&7.,5',('&'-*.,'8
'&7.)*&!"0('=1")&0(&;,(?+*%*3&()*(&*,%5%)&!"*,:1"&'"15%*&)%)*(5&).-',&2%&!"*,:.&'"15%*+&;-'"(*+8 S/.-16%'&%"0%/%01'-+&'&#(,1*&*,(#(,('&0%"&*,(';*+&!"&*,(';*+3&;,%"&*.'*(&#(-(&".1+&0.5"%%8&!"&#('
!" & G'@.,'*.,1- & #("*,'- & '- & *1*1,., & #,('6%%-.,3 & 01$1- & 15'" & ' & 7.)* &A2*(M'*/ &'0%#+ & !"#."=1,'* & #1& 0%" & 1,5+ & 0.5"%(3 & 01$1- & 15'" & 7'#( & ;',*( & 0%"& ?,1;1- & 01$1,%-.,3 & "15%*( &;%% & #(,(3*%9 &S-( & )1"* & 7%%%
'"15%*(&5'*(,%%&7-1%0%#(3&;("*,1&#'&(-&)+&0.@4"0(')#+&7'#1-*'*('&,'6%."'5("*1-1%3&#4*&0(&,10%5("*',8 H(,1-1%&)'1&'%&P'*+-1%3&0',&"1&o%%&0(&C15"(F(18 =
I=1")&;(&1"&')*,1&)'1&).',(3&01$1-:#.;%-&15'"&"1&()*(&*,%5%)&0%,(#*&!"*,:.&;-'"(*+3&#%&()*(&-1'*&!"& !"&-15('&".')*,+3&'&01$1,%-.,3&7%%%&#(,(2*%&)1"*&4,(2.%%&?(,181%/&;,(.6%%&".2*,%&#(,(2*%8&9,(.*1-&#(,()#&
;,%5%,(&0(&'"15%*(&);%,%*(&).-',(3&;,#?+*%"01:<&;("*,1&/%%*.',('&)'&/%'6+&;-'"(*',+8&S)*(&"(#()',+& ()*(&1"&?,'0&%(,',$%#&'-&-15%%&".')*,(&);'6%'-(8&9,(.*1-&#(,()#&()*(&1"&01$&#',(&'&;',#1,)&*.'*+&?'5'&
'#(')*+&;,(?+*%,(&0%"&K.',(3&#+#%&01$1-:#.;%-&"15'%&')*7(-&/'&*%&!"&)*',(&)+:2%&01#+&/%'6'&!"*,:.&;-'"(*'& 0(&0.5"%%8&S-&'&*,(#1*&0%"&(*'=&!"&(*'=3&5%%&0(&'"%3&2%&'&'=1")&!"&F."'&'&<<:'&:&F."'&01$1,%-.,&'-@')*,(&:&
.',(#',(8&I01)&0%"*,:.&0'*+&0%"&G15('&P'*+-1%&!"&-15('&01$1,%-.,&1"(%&;-'"(*(3&01$1-:#.;%-&',&7%&1"& 2%&0(&'%#%3&!"&5%%&2%&5%%&0(&'"%3&'&'=1")&!"&F."'&!"*4%&:&'&01$1,%-.,&'-@(3&)7(,'&'&*,(%'&:0(&(/.-16%(&
%5@(#%-&15'"3&":',&;1*('&,.)*%&!"&/%'6'&-1%&"%#%&.&/.,@+8&I,&'/('&7.,5+&0(&.53&0',&',&7%&5'%&!"';.%'*& ;-'"(*',+8&I%#%&*,(@1%(&)+&)1)6%"+&1"&(L'5("&;("*,1&,'"?1-&0( &4,(2*&#(,()#9 &I#()*&(L'5("&!-&0+&!"&
0(#4*&1"&'"%5'-&%"*(-%?("*&:&#4%"(-(3&1"&);%,%*&(/.-1'*&'-&,(?"1-1%&'"%5'-8 7'6'&!"?(,%-.,&0(&(/.-16%(&;-'"(*',+3&0%"&*,(';*'&#('&5'%&0(&=.)&'&-15%%&'"?(-%#(8&S%&!%&/.,&,(#.5'"0'&
I01)&0%"&G'@.,'*.,1-&#,('6%%-.,&2%&*,4"*%*&!"&-15('&*,1;(')#+3&01$1-:#.;%-&15'"&"1&',&2*%&"%#%&)+& '"15%*(&!"*,1;+,%:(L'5("3&2%&#4"0&/'&;,.5./'&*.'*(&;,.@(-(&'#()*(%&(*';(3&/'&7%&,%0%#'*&-'&,'"?1-&0(&
5+"4"#(3&#+#%&"1&',&'/('&#1".2*%"6+&#+&*,(@1%(&)+&)(&$,+"(')#+8&R:',&7%&7.'5(3&0',&"1&',&2*%&2%&"1&%',& ;,(.*&0(&*,(';*'&'&0.1'3&'&F."(%&!"*4%3&'-@(3&)7(,'&'&0.1'&:&0(&(/.-16%(&).-',+8&I=1")&;,(.*&#(,()#&0(&
/("%&!"&?4"0&)+&#(',+&0(&54"#',(8&I,&)%56%&7.'5('3&*.*&'2'&#15&)%56%6%&/.%&01,(,('&0(&#';&2%&"1&',&2*%& ?,'01- &'- &0.%-('3 & 0(& (/.-16%(& ).-',+3& (-& "1 & 5'%& -1#,('F+& #'& %"0%/%01'-%*'*(3& #%& ()*(& "(/.%(& )+ & 7%(&
#15&)+&.&')*45;(,(3&01;+&#15&"%#%&/.%&"1&2*%6%&)+&/+&'-%"'6%&01,(,('8&SL%)*+&;-'"(*(&;(&#',(&#(%& *,(%5%F'*8&H4"0&'&*,(#1*&#1&@%"(&)(,%'&;,.@(-.,&'#()*1%&,'"?3&()*(&;,.5./'*&;,(.*&#(,()#&0(&,'"?1-&
!"*,1;'6% & 2*%1 & )+ & )( & /%"0(#( & )%"?1,%3& #' &2% &'"%5'-(-(3 & #',(:2%& #'1*+3 & 0%"& %")*%"#*3 &'"15%*( & %(,@1,%3& !"*4%3&0(&(/.-16%(&0%/%"+3&'&)7(,(%&!"*4%&0%"&F."'&!"*4%3&'-@+8
#.")154"01:-(&0,(;*&5(0%#'5("*8 !"&7%"(3&01;+&.&/,(5(&7.',*(&!"0(-1"?'*+3&%);,+/%"0&2%&'#(')*+&2#.'-+3&()*(&(L'5%"'*&0(&IZ&`I-7'&
I=1")&!"&K.',(3&01$1-:#.;%-&()*(&0'*&;(&54"'&1".,&01$1,%&).-',(3&"15%*(&A2*(M+*2,%&)28',%/&#',(&!-& ;,%5b3&'-&-15%%&'"?(-%#(3&2%&;,.;1)&;("*,1&A2*(M18&)28',9&J%#%&IZ&`I-7'&;,%5b&'-&9+54"*1-1%&"1&;.'*(&7%&
@.*(F+&#1&'"15%*(&7-1%0(3&;("*,1&':<&7'#(&#';'@%-&)+&!"6(-('?+&0%7(,%*(&!5;,(=1,+,%&0(&/%'6+&2%&)+& @.*(F+*.,&).-',8&p.*(F+*.,%%&0(&*,(%5%F',(&)1"*&"15'%&!"?(,%&).-',%8
*,+%')#+&!"&'"15%*(&;-'"(*(&'-(&'#(-1%&)%)*(5&).-',8 [%"(&/,(5('&#4"0&01$1-&#',(&'&.@6%"1*&@.*(F1-&0(&#,(2*(*&)+&;,%5(')#+&2%&'2':"15%*1-&#2,52"&'8&
I2'0',&K.,%%&)1"*&2%&(%&7%#%&:'A2,'*2',(/&#.;%%&!"&5%"%'*1,+&01;+&H(-&5',(8&I#.-.&)1"*&'01)(3& ;(,%#%,%%9 &I#(')*+&#.,0."%F',(&#.")*+&!"&7';*1-&#+&7%(#',(&01$&/'&7%&!"#."=1,'*&0(&1"&#.,0."&7-1%0%#&
'-+*1,%&0(&5',%-(&K.5%*+6%&).-',(3&2%&"(;1*%"#%.')(-(&2%&"(#1".)#+*.',(-(&-.,&)1,.,%&:&);%,%*(&15'"(&0%"& 7+#1*&0%"&5'*(,%(&(*(,%#+&).-',+8&I#.,0',('&'#()*1%&#.,0."&%5;-%#+&#.")*%*1%,('&1"(%&').#%(,%&*,(%5%#(8&
;,%5'&7'F+8&I%#%3&@.*(F+*.,%%&).-',%&-(&!5@,'#+&#1&.&$'%"+&7-1%0%#+&).-',+&2%&';.%&-(&)1;1"(&-'&0%7(,%*(& !"&/(0(,('&'#()*1%&7';*3&01$1-&/'&#+1*'&!"#+&0.%&7,'6%3&'=1"2%&2%&(%&-'&'#(-'2%&?,'0&(/.-1*%/3&2%&/'&
(L(,#%6%%3&"(#()',(&;("*,1&/%%*.',('&-.,&/%'6+&;-'"(*',+8&I2'0',&'%#%&!"/'6+&#(('&#(&"1&'1&!"/+6'*&!"& !"#$(%'&#1&(%&1"&#."*,'#*&0(&'#*%/%*'*(&#.51"+8&a&0'*+&#."/("%*3&(%&)(&/.,&;,(F("*'&!"'%"*('&d,2"181%&
G'@.,'*.,1-&#("*,'-8 )28',&5(&'1,&2%&/.,&#(,(&@%"(#1/4"*',('&#."*,'#*1-1%&-.,&).#%'-8
C1;+&)*10%%&!"0(-1"?'*(3&'#()*(&);%,%*(&0(&/%%*.,%&.'5("%&;-'"(*',%&)1"*&01)(&;(&1"'&0%"&#(-(&5'%& !"#%")(&#1&#.,0."1-&).-',3&01$1,%-(&/.,&-1#,'&#."7.,5&.,0%"(-.,&o%1-1%&".)*,1&).-',3&#."7.,5&
!"';.%'*(&;-'"(*(&'-(&'#(-1%&)%)*(5&).-',3&1"0(&/.,&01#(&.&/%'6+&';,.';(&'"%5'-%#+8&I%#%&/.,&!"/+6'&)+& G(?%-.,& ).-',(3&2%&/., &7%&. &#."*,';."0(,(& '& 7.,6(-.,& !"?(,(2*%&!"&(L;(,%("6(-(& -.,8 &S-(&/., &0(/("%&
5+"4"#(&2%&)+&)(&,(;,.01#+3&0%"&%")*%"#*8&9(&'#()*(&;-'"(*(&%"7(,%.',(&(-(&/.,&*,+%&7.',*(&?,(1&2% ';+,+*.,%%&.'5("%-.,&;(&#',(&!%&/.,&!"0,(;*'&);,(&,();(#*',('&G(?%-.,&o%1-1%&2%&'-(&P'*+-1%8
VUV >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"&?(, VUW

: K(&5'%&!"*,1;('F+&*,(%5%-(D :p%"(!"6(-()3&2%&!"?(,%%&)(&!"*,1;('F+3&#4"0&-%&)(&!"#,(0%"6('F+&5%)%1"%&0(&#+*,(&I-7'&"%/(-1-1%&-.,8&
: C'3&)(&,(!"*,1;('F+3&0',&"15'%&1"'&#4*(&1"'8 !"*,1;',('&-.,&#.")*%*1%(&1"&(/("%5("*&;-'"(*',3&#+#%&(%&"1&'1&/("%*&'%#%&)+:2%&7'#+&(/.-16%'&;,%"&
: 9,%"&?,(2(-%&)(&;.'*(&;%(,0(&@.*(F1-&#,(2*(*1-1%D (L;(,%5("*1-&!"*,1;+,%%3&'#()*&(L;(,%5("*&7%%"0&,(F(,/'*3&!"&?("(,'-3&#'&.&2#.'-+&"15'%&01$1,%-.,&
: J13&"%#%.0'*+3&#$%',&#.5%64"0&#,%5(3&'0%#+&!"#+-#4"0&G(?('&P'*+-1%&2%&'&o%1-1%3&!")+&7';*' 15'"(8
#(-1%&#',(&'&;,%5%*&@.*(F1-&#,(2*(*1-1%&/'&7%&5'%&');,1&;(0(;)%*+&0(#4*&'&);%,%*1-1%&)%5;-13&%"0%/%01- :I*1"#%&#(&()*(&1"&.5D
#',(&/'&7%&@+?'*&-'&.#"+8&C'#+&1"&@.*(F'*&0(&#,(2*(*&',&#.5%*(&.&#,%5+3&!"#$%).,%-(&;+54"*1-1%&"1:< :T"&.5&()*(&1"&01$&'=1")&-'&,'"?1-&(/.-1*%/&"15%*&279
/.,&'/('3& ;("*,1& #+&(-&"1&/'& 7%&"%#%.0'*+&=10(#'*&0(&=10(#+*.,%&15'"%3&#%& 0(&#(%&#(,(2*%3&"(7%%"0 :9,(*1*%"0("%&)1"*&.'5("%D
"%#%.0'*+&0()#.;(,%*&;(&;+54"*8 :J18&SL%)*+&;-'"(*(&-%;)%*(&0(&7%%"6(&*,1;(2*%&15'"(3&0(.',(#(&"1&'1&);%,%*(&'=1")(&-'&,'"?1-&0(&
:C',&1"&01$&*,(%5%F'*3&!"#%")&#1&#.,0."1-&).-',3&/'&;1*('&#.5%*(&/,(.0'*+&.&#,%5+D .58&H(-(&5'%&!"'-*(&7%%"6(&0(&'#.-.&)1"*&7%%"6(&)1@15'"(8
:J13&"%#%.0'*+8&C1$1-&#.,0."%F'*&()*(&;,('&;+*,1")&0(&G(?%-(&P'*+-1%&2%&'-(&o%1-1%8&U'%&0(?,'@+& I#15&!"6(-(?(6%&#+&!"&@%)(,%#%&)(&7'#&,1?+#%1"%&-'&%5'?%"('&)7%"*(%&J+)#+*.',(&0(&C15"(F(13&
5.',(3&)(&-')+&.5.,4*3&0(#4*&)+&#.5%*+&.&#,%5+8 0(.',(#(&S'&()*(&.&o.,6+&)1;,(5+&).-',+8
C%"&#(-(&(L;1)(3&)(&/(0(&#+&@.*(F1-&#,(2*(*1-1%&';',6%"(&-15%%&15'"(&;1,(3&"(*,(%5%F'*(3&%',& K:',&#,(0(&#+&01$1,%-(&).-',(3&7%%"0&!"&K.',(3&/.,&7%&)1;1)(-(&.',@(&'-(&C.5"1-1%8&J13&"%#%&(-(&"1&
#.,0."%F'6%%&)1"*&01$1,%&*,(%5%F'*(8 )1"*&!"&5.0&'@).-1*&)(,/%%&C.5"1-1%3&0(.',(#(&)1"*&!"?(,%3&2%&!"?(,%%&0%"&*.*&1"%/(,)1-&6%"&0%,(#*&0(&
H4*&/'&*,+%&;(&'#()*&;+54"*3&01$1-&*,(%5%F'*&"1&/'&5'%&?,(2%8 P'*+-&2%&.@)(,/+&';-%#',('&G(?%-.,&P'*+-1%3&!"&#',(3&@%"(!"6(-()3&)(&#1;,%"0&2%&#(-(&'-(&o%1-1%8&C(2%&"1:R&
I;.)*.-%%&C.5"1-1%&(,'1&01$1,%&)1@-%5(&*,(%5%#(3&!"*,1;'*(&!"&5(0%%&"(2*%1*.',(&0%"&;1"#*&0(& )*'1&)1@&.,0%"(3&!-&,(#1".)#&#'&N1/(,"'*.,3&0(.',(#(&()*(&o%1-&-1%&C15"(F(18
/(0(,(&%"*(-(#*1'-3&*.#5'%&;("*,1&'&"1&-%&)(&;(,/(,*%&);%,%*1-3&#."2*%%"6'&0(&/(?$(3&;,%"&2*%%"6'&.7%#%'-+3& :K74"*1-&R.'"&p.*(F+*.,1-&()*(&!"?(,&'-&9+54"*1-1%Q&0(&#(&):'&!"*,1;'*D&C(&#(&R&):'&)1;1)D
5'*(,%'-%)*+3&0(&'*1"#%8&C.5"1-&).-',&%:'&)7+*1%*A&iJ(,-(.%&)+&0+&!"*,14'.%&%"#')(8(&#(82,&)+,'#%&#1 & :9("*,1&#+&IE&`I-7'&)(#1"0b&()*(&,(;,(F("*'"*1-&o%1-1%&;(&9+54"*3&2%&:&!"&5.0&7%#*%/&:&(&)1;1)&
51$18/&4("*,1&'&5'&#,(M',(&#10E"*181%&J(1/&3%&#'&)+&"1&0%&)(&)*,%#(&7%"*('&#1&!"0+.+*1,%8(&48'"(*',(/ & G1%8&H'&!"?(,3&S-&';-%#+&G(?%-(&P'*+-1%3&0',&#'&,(;,(F("*'"*&'-&K.-',1-1%3&*,(@1%(&)+&';-%#(&2%&
5(4',*(&5(&#1"23*%".(8(&)1413%82,&J(%&)28',%k9 G(?%-(&o%1-1%8
9,(?+*%,('&/("%,%%&C.5"1-1%&):'&7+#1*&#1&51-*(&/('#1,%&!"'%"*(&0(&!"*,1;',('&K'8&C(&')(5("('3&#1& I2'0',&o%1-3&0(2%&()*(&5'%&5',(&0(#4*&!"?(,%%&;-'"(*',%&2%&).-',%3&*.*12%&)1@&S-3&"1&)(&'7-+&!"&5.0&
51-*(&/('#1,%&!"'%"*(3&';.)*.-%%&2%:'1&;,(?+*%*&!"*,1;',('8&o%%"0&7%%"6(&*,(%5%F'*(3&(%&*,(@1%'1&)+:2%& 0%,(#*&0(#4*&-15('&.'5("%-.,&2%&'&)1@.'5("%-.,&0%"&)%)*(51-&K+1&).-',8&G15('&!"?(,%-.,&"1:%&';',6%"(3&
','"=(F(&#1-#121,%-(&*,1;(2*%&!"*,:1"&'"15%*&7(-3&;("*,1&'&7%&)1;12%&#1/4"*1-1%&C.5"1-1%8&Z:&H%"(&%:'& (%&)1"*&*,%5%2%%&#$%',&'%&P'*+-1%3&N1/(,"'*.,1-&#("*,'-3&;("*,1&';-%#',('&G(?%-.,&P'*+-1%&2%&'=1*',('&-'&
%"%6%'*&;(&';.)*.-%D (/.-16%'&*.*1-1%3&0%"&.,%#(&)%)*(5&).-',8
:C.5"1-&%:'&%"%6%'*8 J%5("%&"1&;.'*(&#,%*%#'&!"6(-(;#%1"('&C%/%"1-1%&H,('*.,3&'&N1/(,"'*.,1-1%&#("*,'-3&0.',&#(-&#',(&
:C(&#(&G:'1&;+,+)%*&'*1"#%&2%&"1&G:'1&';+,'*D "1&#1".'2*(&'-#+*1%,('&-15%-.,&2%&)1@-%5'&-.,&#."01#(,(8&P.*1-&()*(&;(,7(#*3&#$%',&0'#+&@%(*1-&.5&()*(&
:9("*,1&#+&-%&)(&%"*(,F%)()(&.5.,1-8&S%&"1&;1*('1&1#%0(3&0(.',(#(&(,'1&7.,6(&*,(%5%#(&2%&:&!"&;-1)&:& ).,*%*&01,(,%%8&C1,(,('&()*(&1,5',('&7';*(-.,&)'-(&?,(2%*(3&(-(&!")+2%&7%%"0&#.")(#%"6'&%?".,'"6(%&)'-(8&
'1&7.)*&%"%6%'6%3&#'&.'5("%3&0(&C.5"1-&).-',8&C%"&%")*%"#*3&*,(%5%F'*1-&:&#'&.5&*,1;()#&:&"1&1#%0(8& C(&51-*(&.,%3&01,(,('&()*(&1,5',('&?,(2(-%%&0.5"%%-.,&!"?(,(2*%&0%"&#(-(&0.1+);,(F(#(&"%/(-(&);%,%*1'-(8&
S-&',(&.&5',(&!"#,(0(,(&!"&0,(;*'*('&H(,1-1%&2%&'&=10(#+*.,%-.,&)+%8&a,%#(&"(0,(;*'*(&%&):',&7'#(& o+#4"0&2%&(-(&2#.'-'&-.,&(/.-1*%/+&2%&';-%#4"0:.&?,(2%*&')1;,'&15'"%*+6%%3&.5("%,('&/'&)17(,%8&!"?(,%%&
*,(%5%F'*1-1%&!"&*%5;1-&!"*,1;+,%%&)'-(3&.&)17(,+&2%&.&0(7(,+&P,%@1"'-1-1%&0(&)1)8 )1"*e!"?(,%3&0',&;(,7(#6%&"1&)1"*&"%#%&(%8
C1;+&#(&2%:'&'-()&';.)*.-%%&:&7.,6(&*,(%5%#(3&2%&01;+&#(&%:'&%"%6%'*3&#'&.'5("%3&R)1)&-(:'&7+#1*& !"?(,%%&#."01#3&0',&';-%#',('&"1&.&;.*&7'#(&(%&0%,(#*8&P'*+-&#(,()#&"1&-(:'&0'*&;1*(,('&0(&'&)%-%&
#1".)#1*+&*.'*+&0,'5'&5%)%1"%%&K'-(&15'"(8 0%,(#* & ;( & .5& )+ & '#6%."(F( & !"*,:1" & '"15%* & 7(- & )'1 & '-*1-8 & SL(#1*%/1-3 & %"*(,5(0%',1- & !"*,( & !"?(,% & 2%&
:C(&#(&15'"(D 15'"%*'*(' & !"*,1;'*+ & )'1 & );'6%'-+3 & )1"* & 7.,6(-( & 15'"( & #.,0."%F'*(3 & *,(%5%F'*(8 & !"?(,%% & ;,%5()#&
:C(.',(#(&S-&):'&!"*,1;'*&0(&-'&)74"*'&K'&5'5+8 %")*,1#6%1"%&0(&-'&#(%&*,(%&I&`I-7'b&;-'"(*',%&2%&';.%&-(&7'#&#1".)#1*(&.5("%,%%&*,(%5%F'*(8&o.,6(-(&
:C(&#(&(,'&)74"*+D .5("(2*%&*,(%5%#(&!%&')#1-*+3&#."/%"2%&0(&0,'?.)*('&!"?(,%-.,3&0(/%"&'0(;6%&7%0(-%&'%&/(0(,%-.,&-.,3&;(&
:9("*,1&#+&2%&('3&7%%"0&.53&'&7.)*&5(0%15%F'*+8 #',(&/%"&)+&-(&;,.;'?(&-15%%&@.*(F'*(&#1&@.*(F1-&0(&7.#&'-&#,(2*(*1-1%8
:C',&#%"(&(,'&)74"*'&G1%&5'5+D C', & ;("*,1 & #+ & -%@(,1- & ',@%*,1 & 0.5"(2*( & ;,(*1*%"0("%3 & 1"(.,% & 7.,6(-( & .5("(2*% & *,(%5%#( & "1&
:S,'&.&5',(&o.,6+&*,(%5%#+3&/("%*+&0%"&K.',(&2%&):'&7+#1*&.5&;(&;+54"*3&!"&/(0(,('&5%)%1"%%&0(& !5;+,*+2()#&;1"#*1-&0(&/(0(,(&'-&!"?(,%-.,&2%&)(&.;1"&(L(#1*+,%%&'"15%*.,&%")*,1#6%1"%8&C(&'%#%&,(F1-*+&
U'5+&'&C.5"1-1%8 (L;(,%("6(&1"(.,%&7(,%#%*(3&%',&'-*(.,%&"(7(,%#%*(8&P.'*(&'#()*(&!"#(,#+,%&7+#4"01:)(&;(&);%"',('&.'5("%-.,&
:!"&K#,%;*1,+&)(&);1"(A&BC(&-'&C1$1-&K74"*&):'&7+#1*&.5E8&H(&!"6(-()&'1&'#()*(&#1/%"*(D !"*,1;'6%3&1,5('F+&)17(,%"6'&-.,&!"&5')+8
:C.5"1-3 & C%/%"1- & ".)*,1 & ).-', & ' & #.@.,4* & #1 & #4*(/' & )1*( & 0( & '"% & !"'%"*(' & !"*,1;+,%% & K'-(3 & !"& C%"&#(-(&(L;1)(3&)(&/(0(&#+&o%1-&).-',&"1&#.5'"0+&!"?(,%-.,3&%',&!"?(,%%&"1&;.*&#.5'"0'&0%,(#*&
'*5.)7(,'&7%1%0%#+&'&9+54"*1-1%3&;,(?+*%"0&*.*1-&!"&/(0(,('&5%)%1"%%&K'-(8&C(&#15&'&).)%*3&S-&'& .'5("%-.,8&!")+&!"?(,%%&#'1*+&)+&#."/%"?+&;(&.'5("%3&',+*4"01:-(&7(,%#%,('&#(,(')#+3&7+#4"0&(L;(,%("6'&
*,(@1%*&)+&;,%5(')#+&.&$'%"+&;-'"(*',+&!"&=1,1-&C1$1-1%&K+13&#'&2%&.,%#(&);%,%*&;-'"(*',8&I#(')*+& '#()*(%&7(,%#%,%&#1&(%3&0',&"(;1*4"01:-(&%5;1"(8
$'%"+3 &N1/(,"'*.,1- & ).-', & ' & ;,%5%*:. & 0( & -' & IZ & `I-7' & ;,%5b & ;-'"(*',3 & K*+;4"1- & 9+54"*1-1%3&
,(;,(F("*'"*1-&P'*+-1%&#(,()#&;(&'#(')*+&;-'"(*+8&I2'0',3&S-&):'&"+)#1*&0%"&U+,%'3&5'5'&G1%&
7%F%#+3&-'&7(-&#'&.,%#(&.53&2%&'&-1'*&$'%"'&;-'"(*',+&0(&-'&C1$1-&K74"*3&#+#%&.,%#(&01$3&7%(&(-&#$%',&
).-',3&*,(@1%(&)+&!5@,'#(&.&$'%"+&;-'"(*',+&;("*,1&'&)(&!"*,1;'&;(&;+54"*8 x10(#'*'&2%&;(0(';)'
:C(&#(&G:'&!5@,+#'*&IZ&`I-7'&;,%5b&;-'"(*',D
:C.5"1-&2%&K*+;4"1-&".)*,1&).-',&()*(&o%1&0(&C15"(F(18&S-&"1&;1*('&7%&!5@,+#'*&0(#4*&0(&P'*+-&
K+1&#(,()#8&C',&P'*+-&#(,()#&',(&#'&,(;,(F("*'"*&'-&K+1&;(&'#()*&?-.@&;(&IZ&`I-7'&;,%5b8&R'*+:<& H1&#4*&1"&);%,%*&()*(&5'%&!"'-*3&#1&'*4*&(&5'%&,(/(,("6%.)&#1&'%&)+%&2%&)(&;.',*+&#1&*.'*+&@1"+/.%"6'&
0(#%&;(&IZ&`I-7'&;,%5b&*(,()*,13&!"&'#(')*+&!5;,(=1,',(3&5'%&5',(&0(#4*&o%1-&-1%&C15"(F(18&!"*4%& 7'6+&0(&#(%&5%#%8
):'&!"*,1;'*&0(&-'&I&`I-7'b&2% &g9 &`a5(?'b&;-'"(*(%&9+54"*3&2%&';.%&;,%"&U+,%'8&K;%,%*1-&5'5(%& K;%,%*1-&()*(&.&;',*%#1-+&%"7%"%*&0(&5%#+3&0',&*,(@1%(&)+:<&*,'*+5&#1&*.'*+&'*("6%'8&[.1+3&%"%6%'6%%&
K'-(&(,'&1"&01$&).-',3&2%&'"15(&1"1-&0%"&#(%&*,(%&H."01#+*.,%&'%&-15%%&).-',(3&1"1-&0%"&#(%&*,(%& ".2*,%3&.'5("%&*,1;(2*%&#1&.&#."2*%%"6+&-%5%*'*+&F%1'3&!"&*%5;1-&)*+,%%&0(&/(?$(3&*,(@1%(&)+&/+&'*,'?(5&
I-7'&).-',%8 '*("6%'&)+&*,'*'6%&#1&#('&5'%&5',(&0(-%#'*(6(&;(&)(5("1-&/.)*,13&;1,*+*.,1-&5%#16(%&)#4"*(%8&J1&1%*'6%&
:C(&#(&"1&):'&!"*,1;'*&C.5"1-&;,%"&%"*(,5(0%1-&1"1%&!"?(,&;-'"(*',D #+&)#4"*(%'&()*(&1"&(5%6+*.,&0(&?4"01,%&#(&)*,+@'*&);'6%%-(&%"7%"%*(8&J1&;%(,0(6%&0%"&/(0(,(&#+&*.'*(&
:9("*,1&#+&!"?(,%%&0(&;,(*1*%"0("%&)1"*&)1@&.,0%"(-(&0%,(#*(&'-(&P'*+-1%&#(,()#3&2%&"1&'-(&K*+;4"1-1%& )#4"*(%-(&'1&;.,"%*&0%"&'#(-'2%&RF/.,3&#+&)1"*&)1,.,%-(&/.')*,(3&;.'*(&5'%&5%#%3&0',&/+&)1"*&)1,.,%&2%&-(&
).-',8&S%&'1&/("%*&;(&'#()*&)%)*(5&2%&;(&'#(')*+&;-'"(*+&)+:2%&7'#+&(/.-16%'3&0',&"1&)1"*&)1;12%%& 0'*.,'6%&%1@%,(8
N1/(,"'*.,1-1%&).-',Q&!-&,(#1".)#&#'&K*+;4"&'-&)%)*(51-1%3&2*%1&#+&()*(&o%1-&-1%&C15"(F(13&0',&"1& I1F%"0&0(&%0(%-(&#,(2*%"%-.,3&#15&#+&.51-&*,(@1%(&)+&%1@(')#+&;(&.,%#(&.53&1"&.',(#',(&!5;+,'*&
-1#,('F+&01;+&.,0%"(-(&G1%8&!"?(,%%&)(&)1;1"&G(?%%&P'*+-1%&2%&"1&G(?%%&o%1-1%Q&(%&'1&/("%*&'%#%3& ):'& ,(/.-*'*3& F%#4"0A& BH15& )+:5%& %1@()#& )#-'/1-3& #',(&(& ';,.';(&1"& 0.@%*.#D &H15& )+& %1@()#& ;(&
@.*(F'6%3&#1&@.*(F1-&0%"&G'@.,'*.,1-&0%/%"8 #(,2(*.,1-&0%"&)*,'0+3&;-%"&0(&@1@(&2%&51,0+,%(D&S&%5;.)%@%-ME
:K(&!"*,1;('F+&!"?(,%%&/,(.0'*+D
VUX >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"&?(, VUY

K+,5'"1-&/.,@('&')*7(-& ;("*,1&#+&"1 &2*%'&#+&/("%"0&)1) &-'&".%3&)(&/'&/(0('&5'%&5%#& 0(#4*& a51-&*,1;()#&()*(&%")*,15("*1-&0(&)*10%1&'-&01$1,%-.,&#(,(2*%


#(,2(*.,1-&)17(,%"0&2%&;-%"&0(&,+"%8&I*1"#%&-:',&7%&%1@%*&2%&',&7%&/,1*&)+:<&)(,/(')#+8
J1&(L%)*+&.5&!5@,+#'*&!"&$'%"'&#+,"%%3&)+&"1&?,(2(')#+Q&2%&".%&0(&?,(2('-+&/,(5&)+&/+&7(,%58&
C'#+& .51-1%&*,1;()#&"1:%&()*(&0'*&)+& 7%(&1"&)74"*3&;("*,1&#+& 5(0%1-&!"#."=1,+*.,& "1:%& 0+&;'#('& P'*+-&0%/%"3&H,('*.,&'-&#(-.,&/+F1*(&2%&"(/+F1*(3&#1".'2*(&*.*1-3&;("*,1&#+&',(&%")*,15("*(&#',(&!-&
"(#()',+3&#(-&;16%"&!%&0.,%5&.&0%'.+&);%".%*+9&J15'%&#."01#4"01:)(&')*7(-&/'&;1*('&;,%5%&%"%6%(,('&0(& !"2*%%"6('F+&0(&71"#6%."',('&2%&,(?%51-&#,('6%(%&K'-(8&I#()*(&%")*,15("*(&)1"*&#$%',&7%%"6(-(&#,('*(&2%&
-'&".%8 ,%)%;%*(&;(&0%7(,%*(&#.,;1,%&#(,(2*%8&I2' &0(&(L(5;-13&G15('&0%/%"%-.,&H,('*.,%3&I1L%-%',%%&P'*+-1%&
H%*%"0&#%"(/'&'#()*(&,4"01,%3&()*(&*("*'*&)+&!"*,(@(A&BH(&()*(&1"&%"%6%'*DE&="%.%'*18&()*(&1"&27&#' & #(,()#3&)(&%"7.,5('F+&;,%"&".%3&.'5("%%8&o(-1-&#15&)%56%5&5'*(,%'&(*(,%#+3&#1".2*%"6(-(&.@6%"1*(&;,%"&
2,%#',(&'8*18/&5',&-,'518&)+1&)4%,%*1'8&#(,(&#'&%5(%8(&#2"3*%%".(%&)'8(&5(&0(-$(&)+&;%(&!"5,(4*'*(&514+& )%561,%-(&".')*,(&0();,(&('3&*.'*(&'#()*(&)("F'6%%&)1"*&%"0%#'6%%&;("*,1&C%/%"%*'*(3&;,%/%"0&#'-%*'*('&
%5(%8(&'01*(&#'&)4%,%*&"2'4*('/&#E"5&)6'&(8%A(,'*&5(&*,1418&'52,7%*9 (*(,1-1%3&?,'01-&)+1&(/.-1*%/&;(&'"15%*(&#.,;1,%&#(,(2*%8
H'&.5&*,1;()#3&%"%6%'*1-&#1".'2*(&-(?%-(&2%&'-#+*1%,%-(&-15%-.,&0(&;,(*1*%"0("%3&*'%"(-(&/%(6%%&2%&'-(& C'#+&C%/%"%*'*('&2*%(&*.*1-&;,%"&#.,;1-&".)*,1&01$1'-3&-'&,4"01-&".)*,1&"(&%"7.,5+5&2%&".%&;,%"&*,1;1-&
5.,6%%8&I2'0',&%0(%-(&#(:<&/.,&7,+54"*'&F%1'&)+:%&7%(&)7%"*(3&#'&2%&#(-(&'-(&);%,%*1-1%&#4"0&)(&'7-+&!"& .51-1%&2%&'-&'"%5'-(-.,8&J.%3&);%,%*(-(3&7%%"0&!"&);'6%13&"1&;1*(5&2*%&#15&()*(&5(0%1-&*,1;()#8&I*1"#%&
);'6%18&a&%0((&()*(&)74"*+&#4"0&(&#."7.,5+&#1&G(?%-(&P'*+-1%8&a,%#(&"(0,(;*'*(&',&)17(,%&%"%6%'*1-& #(,#(*+5&#(&)%5*(&.51-&;+54"*('"&)1@&%"7-1("6'&#+-01,%%3&7,%?1-1%3&15%0%*+6%%3&)1"(*(-.,&(*#8&I2'0',&
".)*,13&.,%#4*+&0()#.")%0(,',(&',&!"*45;%"'&%0(%-(&)'-(3&.,%#4*+&)17(,%"6+&',&'/('&0(&!"01,'*&0(&-'& /.%&)1"*(6%&%")*,15("*(-(&".')*,(&0(&5+)1,+&;("*,1&0%7(,%*(-(&7(".5("(&7%F%#(3&5(*(.,.-.?%#(&(*#3&%',&
5(0%1-&)+1&!"#."=1,+*.,3&(-&*,(@1%(&)+&)(&;.',*(&#."7.,5&%0(%-.,&x1)*%6%(%&0%/%"(3&)+&)(&)%-(')#+3&0%"& #1".2*%"6(-(&".')*,(&-(&'7-+&C%/%"%*'*('&#("*,'-+8&S'3&7%L4"01:2%&'*("6%'&#+*,(&1"&#.,;&#(,()#3&-'&1"&
*.'*( & ;1*(,%-( & )17-(*1-1% & 2% & #."2*%%"6(% & )'-(3 & )+ & "1 & ?,(2(')#+8 & J.% & #(,(5 & %"%6%'*1-1% & ".)*,1 & )+ & "1& 5.5("*&0'*&'7-+&*.*1-&0(&-'&".%3&7+,+&#'&".%&)+&2*%5&)'1&)+&#.51"%#+5&#(/'8&S*(,1-&0%"&=1,1-&".)*,13&
?,(2(')#+&#1&7';*'3&0',&"%#%&5+#',&#1&?4"01-8 '-&?-.@1-1%&!"&=1,1-&#+,1%'&/%(61%53&)(&)#$%5@+&5(,(13&;,%"&#.5@%"',('&0%7(,%*(-.,&)'-(&#.5;."("*(8&
H1&#4*&1"&01$&()*(&5'%&5',(&2%&?,(2(2*(&7%%"0&.5&*,1;()#3&#1&'*4*&/+*+5'*1-3&5%#1-&01$&#(&'& P,+%"0&!"&5%=-.#1-&'#()*1%&(*(,3&)1"*(5&%"7-1("6'6%&0(&(-3&2%&'7-+5&0(&*.'*(&;,(7'#(,%-(3&#.5@%"+,%-(&2%&
)17(,%*3&/'&)*,%?'&5'%&*',(&-'&H(,8&J(0,(;*'*('&7+#1*+&01$1-1%&5%#3&)17(,%"6'&!"01,'*+&0(&-'&#(-&5',(3&!-& 0(F%"*(?,+,%-(&-1%8
7'#(&)+:2%&!"0,(;*(&;,.*()*1-&#+*,(&#("*,1-&H,('*.,8 S"*%*+6%-( & );%,%*1'-( & *,+%"0 & 7%(#',( & !" & "%/(-1- & -.,3 & 2%& "'*1,' & #.,;1-1% & -., & 7-1%0%# & 0%7(,%"0 & 01;+&
IF%&'&).)%*&F%1'&)+:6%&'*,'?(5&'*("6%'A&`%%&'*("*&8'&-E"51,%8(&*'8(9&`%%&'*("*&#'&4,%"&-E"518&*+1&)+ & ?,'01-&7%(#+,(%'3&)(&!"6(-(?(&#+&5.01-&!"&#',(&)%56%5&".%3&);%,%*(-(&'-@(3&()*(&0%7(,%*&0(&5.01-&#15&
"1&'51#%&0,(2&0+*+7',(&0,(1"1%'&5%"&;,'.%%&*+%/&2,%#E*&5(&7%#%&',&;%9 &H'&-1;%%&!"7.5(*'6%&%',"'3&/.,& )%5*&);%,%*(-(&'-@')*,(&!"&5(0%1-&-.,8&K+&2*%%&#+&;(&'-*(&#.,;1,%&#(,(2*%&5(0%1-&7-1%0%#&7%%"0&'-*1-3&"'*1,'&
)*,%?'&-'&H(,A&BT"0(&()*(&0,(;*'*('&P'3&C.'5"(DE #.%;1,%-.,&("*%*+6%-.,&0(&'#.-.&0%7(,+&#1&*.*1-&0(&"'*1,'&".')*,+8&P'*+-&#(,()#&2%:'&!"/+-1%*&#,('6%%-(&#1&
K;%,%*1-&(&.&7+,45%*1,+3&0',&(-&;.'*(&15;-(&/+F01$1-&#1&;-4"?(,('&)'3&2%&/'&F?101%&#$%',&P,."1-& )(#,(*(3&#1&5%)*(,(&;(&#',(&#1&?,(13&01;+&5%%&0(&'"%&0(&)*10%%3&-(&'7-+5&2%&".%8
).-',8&C'#+&()*(&-%5%*'*+&-%@(,*'*('&);%,%*1-1%&0(&'&$.%"+,%&;,%"&1"%/(,)3&0'#+&7%(#',(&);%,%*&*,(@1%(&)+:2%& I#153&01;+&"("15+,'*(&5%-%',0(&0(&'"%&0(&#4"0&"(:'&"+)#1*&P'*+-&".)*,13&2*%5&:&F%#(5&#+&2*%5&:&
1,5(F(3&#'&1"&,.@3&0()*%"1-&'##(;*'*3&0'#+&(L%)*("6'&)'&()*(&F+?+F1%*+&0(&.&51-6%5(&0(&-(?%3&';.%&',(& 51-*(&'0(/+,1,%&2%&5',%%&".2*,%&;,.7().,%3&)*,+-1#%6%%&".2*,%&!"?(,%3&"(&);1"A&B[.%&2*%6%&'#15&'@%'&#4*&
2%&(-&.&-%@(,*'*(&0(;-%"+A&5(&'&)(&48E"-(&d'*+81%&#(,()#&5(&"(5,(4*'*('&)'1&)1;(,%".'&#(&%&)6'&;+#1*&5(& 2*%(&#.;%-1-&0%"&#-')'&;,%5',+&7'6+&0(&1"&)'/'"*8&a3&7,'6%-.,3&"%#%&".%3&#4*&)1"*(5&0(&@+*,4"%3&"1&2*%5&
1"&)(7("&'8&)+19 &K;%,%*1-&;.'*(&;,.*()*'3&@-()*(5'&#$%',&I1*.,%*'*('&#("*,'-+3&#+&'&'-#+*1%*&-1#,1,%-(& *.'*(&*'%"(-(&P'*+-1%&".)*,18E
')*7(-&#'&(-&)+&)17(,(&;(&"(0,(;*&2%&#+&#(-1%&#(&<:'&"(0,(;*+6%*&"1&%&)(&';-%#+&;(0(';)+8 I#15&,(/%"&-'&)1@%(#*1-&0(&'F%8&K;1"('5&#+&0%"&#(-(&0(&*,(%&.,%&*,(%&)1@F."(&)'1&)7(,(&7-1%0%#(&
I*,'?&'*("6%'&#+&"1&()*(&/.,@'&0(&;,.*()*(-(&2%&%"=1,%%-(&'01)(&C%/%"%*+6%%&0(&#+*,(&5%#1-&);%,%*&!"& 15'"(&'-(&9+54"*1-1%3&/.%&*,+%6%&2%&/+&5%2#'6%3&!"&#('&5'%&0(&=.)3&'7-'*+&-'&)1;,'7'6'&;+54"*1-1%8&!"&
*%5;1-&#."2*%%"6(%&)'-(&0(&/(?$(3&#'&.5&*,1;()#3&#%&0(&;,.*()*(-(&-1%&".#*1,"(3&#4"03&#'&);%,%*&(-%@(,'*& '#(')*+&)7(,+&)(&;(*,(#&"("15+,'*(&7(".5("(&7%F%#(&2%&#.5@%"+,%&#$%5%#(8&I%#%&'1&-.#&"(#1,5'*(&
;',6%'-&0(&*,1;1-&'0.,5%*3&)(&,(/.-*+&#."*,'&P'*+-1%&#',(&!"?+01%(&')(5("('&01,(,%8&!"&')(5("('&#'F1,%& ;,(7'#(,%&).#%'-(&2%&,(-%?%.')(&'-(&.5("%,%%8&I%#%&)(&51"#(2*(&2%&%',&)(&51"#(2*(8&I%#%&;(&)1;,'7'6'&
,',(3&-'&)*,%?+*(-(&-1%&0%);(,'*(&)(&/.,&#.@.,!&"1&"15'%&01$1,%-(&*,(%5%#(&.5("(2*%3&#%&#$%',&!"?(,%%3& ;+54"*1-1%&()*(&%'01-&1"0(&@%(*1-&.5&51"#(2*(&0%"&F.,%&2%&;4"+&".';*(8&I%#%&"1&)(&0%)#1*+3&#%&"15'%&
;("*,1&'&,()*'@%-%&.,0%"('8 )( & (L(#1*+ & $.*+,4,%-( & #(-., & 0( & )1)8 &I%#% & ()*( & .#"' & '#()*(% & ;-'"(*(3 & 1"0( & !"*,1;'*1- & : & !5;%") & 0(&
J1 & '/(5 & ?("1"#$% & )+ & "( & ;-(#+53 & "( & -%;)()# & #1/%"*(-( & )+ & 51-615%5 & P'*+-1% & #(,()# & ;("*,1& "(#()%*+6%-(&*,1;1-1%&)+1&:&*,(@1%(&)+&51"#(')#+&0%"&?,(18
;(,7(#6%1"('&.,4"01%,%-.,&K'-(&)1@-%5(8&H(-&?,(2%*&/'&7%&#$(5'*&!"'%"*('&o.,1-1%&)1;,(53&/'&7%&*,')&-'& [("%"0 & 0%" & K.',(3 & *,(#% & ;,%" & 1");,(F(#( & )7(,(3 & #',( & *,(;*'* & )( & !"*1"(#+3 & 2% & '=1"?4"0 & '%#% & -'
,+);1"0(,(&2%&#'&1,5',(&%&)(&/'&0'&;(0(';)'8&C,(;*'*('&):'&7+#1*3&#+#%&-(?('&):'&';-%#'*8 )1;,'7'6'&;+54"*1-1%3&!"&'&0.1+);,(F(#('&)7(,+3&!"*4-"(2*%&1"&!"*1"(,%#8&0()+/4,2%*8&R"&'#(')*+&)7(,+
H4"0&?,(2(2*(&1"&);%,%*&5',(3&"1&5'%&'2*(';*+&#'&/+*+5'*1-&)+&6%;(3&#%&)(&;,(F%"*+&)%"?1,&!"'%"*('& -%;)()#&51-*(&0%"&7-1%0(-(&)7(,(-.,&)1;(,%.',(8&H1&#4*&*(&,%0%#%&5'%&)1)3&#1&'*4*&*(&)#'-F%&!"&7-1%0(&#(:6%
x10(#+*.,%-.,&)1;,(5%8&c(#1".)#4"01:2%&?,(2('-'&#'&.5&*,1;()#3&!2%&#(,(&)%"?1,&.&'"15%*+&;(0(';)+3& ;,.01#&)("F'6%%&0(&.&"()74,2%*+&7(,%#%,(8&8&&&8&&% =
#',(&!"*,(#(&#1&51-*&(#$%/'-("*1-&?,(2(-%%&#.5%)(3&0(.',(#(&()*(&#."2*%("*&#+&-(?('&(&-(?(&2%&*,(@1%(& 9,%"&1,5',(3&*1&*,+%(2*%&'#15&!"&)7(,'&1"0(&0.5"(2*(&"15'%&51"#'3&1"0(&)(&-1#,('F+&7+,+&)+&2*%%&
,();(#*'*+&#1&'*4*&5'%&51-*&#1&#4*&01$1-&()*(&5'%&!"'-*8&!"01%.2'*&0(&;(0(';)'&#15;-%*+3&;(&#',(&01$1-& ;("*,1&#(&'"15(3&1"0(&*(&#$%"1%(2*%&0%"&#.;%-+,%(&2%&;4"+&#(&/(%&7%&;1)&!"*,(&#(-(&;'*,1&)#4"01,%&'-(&
)1;(,%.,&2%:'&#(,1*:.&)%"?1,3&/+*+5'*1-&!-&%',*+&2%&)(&,.'?+A&BC.'5"(3&7,'*(-(&5(1&5'%&5',(&'&?,(2%*3& #.2#%1?1-1%3&7+,+&)+&#1".2*%&5.*%/1-&#$%"1,%-.,&*'-(8&U%"*('&.51-1%&!"*,1;'*&!"&'#(')*+&)7(,+&*,(@1%(&
(1&-:'5&%(,*'*3&%',*+:<&2%&P1Q&/,('1&)+&5+&!5;'#&#1&(-&2%&!"&/%%*.,&)+:%&)-1=()#E8&S-&":'&5'%&'/1*&"(/.%(& )+ & 7%( & "(-15%"'*+ & #1 & ;,%/%,( & -' & #((' & #( & ' & 7+#1* & P'*+- & ;,(*1*%"0("% & 2% & -' & )#.;1,%-( & K'-(8 & G15('&
)+&)*,%?(&#+*,(&#(-(&;'*,1&F+,%3&#+#%&0,(;*'*('&'&71"#6%."'*&';,.';(&'1*.5'*8&I#(')*'&()*(&.,?'"%F',('& *,1;(')#+&*,(@1%(&)+&7%(&"(2*%1*.',(&0(&(L%)*("6'&-15%%&(*(,%#(3&;("*,1&#+&(/.-16%'&;+54"*1-1%3&;4"+&!"&
H(,1-1%8&I#()*'&()*(&#.01-&".)*,1&5.,'-8 5.5("*1-&0(&7'6+3&"1&;(,5%*(&#1".'2*(,('&-15%-.,&);%,%*1'-(8
I#15&#+&2*%6%&5(#'"%)51-&-(?%-.,&#(,(2*%3&2%&01;+&#(&#1".'2*(6%&;,.#(01,'&0(&-'&".%3&#+1*'6%&)+&"1& SL%)*+&.&)*,4")+&-(?+*1,+3&1"&,';.,*&%"*%5&!"*,(&*,1;1-&15'"&2%&?-.@1-&#+-#'*&0(&;%#%.,1-&)+18&K;%,%*1-&
5'%&;+#+*1%6%8&C',&;',#+&/+0&;(&1"%%&0%"*,(&/.%&!"*,(@4"01:)(A&BH(&()*(&1"&;+#'*D&H15&)+&7'#%&)+&"1& ()*(&;,.01)1-&K7(,(%&0%/%"(3&%',&*,1;1-&()*(&;,.01)1-&?-.@1-1%&;(&#',(&/%(61%(2*(8&S/.-16%'&'#()*1%&?-.@&
;+#+*1%(2*%DE&9+#'*1-&()*(&.&!"#+-#',(&'&-(?%%3&#$%',&!"&?4"08&a,%&0(&#4*(&.,%&?4"0(2*%&#(/'&,+1&0();,(& "1&'&'=1")&;4"+&-'&;1"#*1-&!"&#',(&*,1;1-&.51-1%&)+&7%(&')*7(-&#.")*,1%*&2%&0%"*,:.&')(5("('&5'*(,%(&
#%"(/'3& .;,(2*(:*( &0%" & ?4"0%,(& 2%&'5%"*(2*(:6% &#+ &?4"01- &)( & 01#(& -'& 0()*%"'6%(& 2%&0,(;*'21-& )+1 &!-& !"#4*&)+&7%(&%5;,()%."'*&0(&';,.;%(,('&".')*,+3&)+&"(&/'0+&2%&'10+8&SL%)*+&;-'"(*(&)1;(,%.',(&7.,5'*(&
;,%5(2*(&2%&6%"(&5%"*(8&G'&".';*(&!%&/'&,';.,*'&;1;%-1-1%&)+1&#+&#%"(/'&'&F%)3&'Z7+#1*&)'1&'&?4"0%*&#(/'& 0%"*,:.&5'*(,%(&5'%&7%"+&2%&;(&)1;,'7'6'&#+,.,'&/%(61%()#&7%%"6(:.'5("%3&#1&1"&*,1; &'*4*&0(&)(")%@%-3&
,+1&-'8'0,()'&-1%8&I7-4"03&01$1-&/'&;,.*()*'3&/'&)*,%?'&)+&%&)(&7'#+&0,(;*'*(&2%&!"&".';*('&'#(('&*(& !"#4*&%'1&#1".2*%"6+&0(&-15('&(*(,%#+&0%"&=1,1-&-.,8
;.5("(2*%&#+&(2*%&#$(5'*&!"&7'6'&x1)*%6%(%3&01;+&#',(&/'&1,5'&;(0(';)'8&a,%#(&;(0(';)+&',(&#'&1,5',(& É & U'*(,%' & 0%" & '#(')*+ & )7(,+ & 2% & 0( & -' & )1;,'7'6' & ?-.@1-1% & ".)*,1 & ()*( & ).-%0+3 & -%#$%0+ & 2% & ?'F.')+8&
';-%#',('&1"1%&)(5"&7-1%0%#&"(?,1&;(&'-@1-&7-1%0%#&'-&#.,;1-1%&*+1&);%,%*1'-8 C(')1;,'&5'*(,%(%&?'F.')(&)(&'7-+&5'*(,%'&(*(,%#+3&;+*,1"F4"0&;4"+&!"&'04"#1-&;+54"*1-1%8&H%*()#&!"&
C%"&%1@%,('&#(&/:.&;1,*+53&"(&)*,+01%5&)+&/+&-15%"+53&#'&"1&#15/'&)+&?,(2%6%3&"(2*%%"03&#'& 5%"*('&*'&?4"01-&#+&'#(')*+&5'*(,%(&(*(,%#+&*,(@1%(&)+&7%(&'*4*&0(&7%"+3&!"#4*&'@%'&)(&;.'*(&;(,#(;(&
.'5("%3&;,.5;*%*10%"('&;(0(;)(%&#',(&/'&1,5'&!"&F%-(-(&/%%*.',(8&I#153&0,'?%%&".2*,%3&#1".)#4"0& ;,(F("6'&(%8&S%&@%"(3&!6%&5+,*1,%)()#&#+&;("*,1&".%&('&()*(&5'%&0(")+&0(#4*&';'&;("*,1&/.%8
*.'*(&'#()*('&/+&/(6%&;1,*'&/.,@'&2%&?4"01-&F%1'&#'&2%&#15&'6%&7%&);%,%*&!"&);'6%18&I5&6%"1*&)+&/+& [.%3&.'5("%%&*,1;(2*%3&;,%/%6%&#(,1-&2%&/%&)(&;',(&'-@')*,18&I2'&)1"*(6%&/.%&%"7.,5'6%&0(&.#$%%&/.2*,%8&
!5;+,*+2%5&2%&'#()*&'0(/+,8 c('-%*'*('&()*(&'-*'8&J1&*.*&#(&/(0(6%&(&'2'&01;+&#15&/(0(6%8&R'*+3&!6%&/.%&0'&;,%-(=1-&)+&'1F%&0(&-'&1"&
BH(&()*(&I0(/+,1-DE&'&!"*,(@'*&9%-'*&0%"&9."*&;(&C.5"1-&".)*,1&R)1)8&c+);1"0(5&".%&'#158& );%,%*&#15&()*(&#1-.',('&#(,1-1%&2%&'&7-1%01-1%&0(&-'&)1;,'7'6'&;+54"*1-1%8&I5&'%#%&-4"?+&*%"(&1"&@%(*&
F5(0+,18&()*(&#1"2'3*(,('&:(-%82,&514+&#',(&)(&#2"51#(&1"%0(,)189&C',&#%"(&;.'*(&#1".'2*(&'#()*(& 01$3&5%#3&0%"&-15('&!"#(;+*.,%-.,8
G(?%D&H(%&'7-'6%&!"&-(?+*1,+&#1&".%3&01$1,%-(&0%"&);'6%1&#',(&';-%#+5&G(?%-(8 :&K;1"(&*13&7,+6%.',(3&#(&#1-.',(&',(&#(,1-&0'#+&!-&;,%/(2*%&'#153&0(&'%#%3&0(&=.)&!"&)1)D
VUZ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&:&F&521'&#',*( ?271"%#+,%&5%"&?(,
VU[

: H15&)+&7%(D&C15"('*'&"1:<&/(F%&#+&(&"(?,1D :J1&*(&);(,%'3&.51-(3&/.,@(2*(:%&5'%&0(;',*(3&'2'&',(&(-&"+,'/1-&)+:%&)',+&)#4"*(%&0%"&#';8
:C',&'#15&;(&)1;,'7'6'&;+54"*1-1%&(&F%1+3&#15&.&)+&7%(&"(?,13&'0%#+&!"*1"(#.)8 :H%10'*&.5M&[+0&#+&(&-'&7(-&#'&*.6%&.'5("%%&0(&;(&)*,'0+e&0(&'7',+3&0',&-15%"'&-1%&(&'-*7(-8&I5&
:C'3&@.%(,1-(3&2*%1&#+&(&F%1+3&0',&(1&);1%&#(&/+08&S&!"*1"(,%#&@(F"+3&#'&2%&".';*('&!"&;+01,(3&#4"0& '01)3&7,'*(3&1"&@%(*&);%,%*&#',(&'&7.)*&1"&6%?'"&0(&;,%"&!5;,(=1,%5%-(&p1#1,(2*%1-1%&2%&-:'5
5+&01#('5&)+&%'1&2%&(1&"%2*(&-(5"(3&7+,+&@'"%3&;(&#4"0&(,'5&=.)3&#'&0.5"1-&+)*'&0(&#.-.8 ;1)&)+:6%&/.,@(')#+3&#'&)+&'1F%&2%&*1&#15&)%5*(3&/(0(&2%&'10(&(-&'%#%3&!"&5(0%1-&)7(,(%&'&*,(%'3&'&F."(%&
:p%"(3&'#15&(&F%1+&2%&(&*.*12%&!"*1"(,%#3&0',&-'&".';*(&#15&.&)+&7%(D ,.2%%3&'&*,(%'3&0%"&#(-(&*,(%&F."(&7-1%0%#(&15'"(&'-(&9+54"*1-1%8
:H15&)+&7%(D&C.'5"(3&#(&5+&#,(F%&'2'&0(&;,.)*D&H15&)+&7%(D&P.*&!"*1"(,%#8 S"*%*+6%-(&);%,%*1'-(&-%@(,(&2%&!"*,1;'*(3&"(&0()#,%1&%5;,()%%&0%7(,%*(3&;(&#',(&-(&'"'-%F+5&2%&"(&
:I*1"#%3&#4"0&()*(&'%#%&-15%"+D 7'#(5 & )*10%%-(8 &I2'0', & %")*,15("*(-( & ".')*,( & 0( & )*10%1 & )1"* & /%%3 & %', & ;,%" & %"*(,5(0%1- & -., & '7-+5&
:p.%(,1-(3&5+&!"*,(@%&-1#,1,%&;(&#',(&015"('*'&-(&2*%%&7.',*(&@%"(8&I%#%&"1&(&"%#%.0'*+&-15%"+3&(& '0(/+,1-&;(&#',(&0%,(#*&"1&-:'5&7%&;1*1*&'7-'8&G15('&0(&;,(*1*%"0("%&0.,(2*(&!"&.,%#(&5.5("*&)+&'7-(&
5(,(1&!"*1"(,%#8 '0(/+,1-3&0();,(&*.'*(&5'*(,%%-(&2%&7(".5("(-(8&J.1*'*('&()*(&#','#*(,%)*%#'&/%(6%%8&C(&'#(('&#+1*+5&
:C',&#15&)(&7'#(&#+&*1&/(F%&;(,7(#*&-15('&0(&=.)D #(/'&".13&#',(&)+&"(&-15%"(F(&#."2*%%"6'&0();,(&#,('6%'&C%/%"%*+6%%8&J(#1".)#1*1-&"(&#$('5+3&"(&
:J1&2*%1&#153&@.%(,'21-(3&0',&0(&/+F1*&!%&/+0&7.',*(&@%"(3&2%&!%&'10&#(&);1"3&#4"0&*,'?&#1&1,(#$('&-'& '*,'?( & )+ & #+1*+53 & )+ & #(,#(*+53 & 2% & ')*7(- & '*("6%' & "( & ()*( & /(2"%# & !"#.,0'*+ & );,( & 0.,%"6' & 0( & ' & '7-'&
(%8 '0(/+,1-&!"&*.'*(8&o-.,'&2%&7'1"'&;+54"*1-1%&"(&-15%"('F+3&"(&!5@.?+6()#&5(,(1&#1".2*%"6(-(3&0',&
P,+%"0&!"&F."(-(&!"'-*(&'-(&9+54"*1-1%3&1"0(&(L%)*+&"15'%&7-1%0(&2%&0(&#'-%*'*('&#('&5'%&@1"+3& 5'%&'-()&.51-&*,1;()#&"(&.7(,+&7.',*(&51-*(&#1".2*%"6(&;,%"&*,1;1-&)+18
".%3 & );%,%*(-( & )1;(,%.',(3 &/(0(5& !"& =1,1-& ".)*,1 &"15'% &817%"+/ &#+#% &(*(,1- &#( &"(& !"#."=.',+& ()*(& J.% & #1".'2*(5 & ;,%" & 7%%"6(-( & !"*,1;'*( & ;( & )1;,'7'6' & ;+54"*1-1%8 & !"?(,%% & #1".)# & ;,%" & ".%3 & %',&
-15%".)&;,%"&"'*1,'&-1%8&x.)3&-'&)1;,'7'6'&;+54"*1-1%3&'7-+5&;,%"&);%,%*1-&6%?+"121-1%&;(&#',(&-:'%&'1F%*& C%/%"%*'*('&)(&%"7.,5('F+&0(&5(,)1-&.;(,(%&K'-(&;,%"&!"?(,%8
2%&*13&#+&(&!"*1"(,%#&@(F"+8&I2'0',&!6%&0'%&)('5'&#+&.51-&*,1;()#&/(0(&1"'&2%&);%,%*1-&'-*'8&P,1;1,%-(& C%/%"%*'*('&#("*,'-+&"1&#,(('F+3&#%&"15'%&?1/(,"('F+8&P.*1-&()*(&#,('*&0(&K-1=%*.,%%&K+%&0%/%"%3&
.'5("%-.,&)1"*&;("*,1&".%&%")*,15("*(&0(&#(,#(*',(3&#+#%&".%&;,%"&(-(&-1+5&#1".2*%"6+&#+&"1&()*(& 01;+&;-'"1,%-(&2%&[.%"6'&K'8&P'*+-&0%/%"&',(&"(/.%(&0(&'&7%&,(;,(F("*'*&;,(*1*%"0("%&;,%"&".%3&#',(&!-&
'0(/+,'*&#+&F%1'&(&-15%"+&;(&;+54"*3&0(.',(#(&-15%"'3&#'&-15%"+3&"1&(L%)*+8 %"7.,5+5&#1&;,%/%,(&-'&*.*&#(&'1&#,('*&K-1=%*.,%%&K+%8&I)*7(-&'7-+5&2*%%"6'&K'&%"7%"%*+3&)*10%%"0&.;(,(-(&
C',&)+&'1F%5&5'%&0(;',*(&;(&'#()*&7,+6%.,3&#(&5'%&2*%(&(-8 K'-(3&"(&0+5&)('5'&0(&;,.71"F%5('&#1".2*%"6(-.,&K'-(8
:[+03&@.%(,1-(3&#+&015"('*'&"1&(2*%&0(:'%&".2*,%8&[+&51-615()#&#+&5:'%&-+)'*&)+&%"*,1&2%&(1&!"&#')'& T"&.5&-1#,('F+&#(/'8&J:'%&;.)%@%-%*'*('&)+:%&#1".2*%&?4"0%,('3&#45;1-&#1".2*%"6(-.,&)'-(3&0',&
')*'3&1"0(&);1%&015"('*'&"%2*(&-1#,1,%&;(&#',(&5%"*('&5('&"1&-(&;,%#(;(8 1,5+,%"01:%&-1#,+,%-(3&;.6%&0(01#(&!"+-6%5('&?4"0%,%%&)'-(8&9(&P'*+-&0%/%"&"%#%&1"&.53&"%#%&#$%',&#(-(&
:S%3&);1"(3&7,+6%.',(3&(&F%1+&.,%&".';*(D 5'% & !"'-*( & );%,%*( & "1 & G:'1 & /+F1*3 & 0', & (L'5%"4"0 & )1@-%5' & .,0%"( & 2% & ;(,7(#*' & '-#+*1%,( & !" & *.'*(3&
:J1&2*%1&@.%(,1-(3&7%%"0#+&(1&/+0&2%&F%1'&2%&".';*('&*.*&"(?,13&;',#+&)1"*&!"&.#"+3&!"&71"01-& 0(01#(5&015"(F(%')#'&K'&!"6(-(;#%1"(8
;+54"*1-1%8
:U+%&7,'*(3&;.'*(&(2*%&!"&%'0DM
:J13&@.%(,1-(3&;("*,1&#+&/+0&-15('&0(&;(&)*,'0+&#15&15@-+&0(&#.-.&;4"+&#.-.8&I;.%&*'*'&;.;'3&;(&
#4"0&(,'5&2%&(1&.5&#',"'-3&5%:'&*.*&@+?'*&!"&#';&#+&0'#+&"1&)1"*&#15%"*(3&/.%&!"71"0'&.#"'Q&2%&5: G1#,',('&K7%"*(%&P,(%5%
'5&;+F%*&)+&"1&7'#&/,(.&;.F"+&)+&5+&01#&!"&%'08&S1&/+0&!"&=1,1-&5(1&"15'%&"(?,13&0',&0(&1"&-1#,1&
5+&5%,&2%&*(&,.?&2%&;(&015"('*'3&@.%(,1-(3&)+:5%&(L;-%#%8&C(&#(&.'5("%%3&'"%5'-(-(&2%&;-'"*(-(&0(& a,%1"0(3&"(&01#(5&;(&;+54"*3&;,(*1*%"0("%&"%&)(&#(,&;,.@(Q&2%&()*(&7%,()#&)+&7%(&'2'3&!"*,1#4*&
;(&;+54"*&)1"*&'*4*&0(&-15%".2%D&P.6%&;',&"%2*(&#'"0(-(&-15%".')(3&"%2*(&7+#-%%&';,%")(8&C(&1"0(& )+,5'"%%&".2*,%&7,'6%&*,1;(2*%&"1&"(&/+0&2%&"1&"(&'108&K(&5%"1"('F+&#4"0&'1&!"&7'6+&1"&5(0%153&#',(&
'*4*'&7.#3&@.%(,1-(D&K;1"(:5%3&*(&,.?M&H4"0&(,'5&0(&#',"(3&2*%1&#+&"1&',0('53&#+&"1&(,'5&0(&7.#8& "(&/(0(&2%&"(&0()#,%(3&.,%&"(&'10(&2%&?,+%(2*(&)'1&)#,%(&#(-(&#.51"%#'*(&0(&".%8&C1;+&51-*(&(L;(,%("6(3&
H15&0(&(%&-15%"('F+&'#15D&I%#%&2%&'#153&/+0&#+&"1&5%:(&#'-03&"1&5%:(&7,%?8&a'5("%%&0(&=.)&2*%1& 1"%%&.'5("%&'=1"?&-'&%;.*(F'&'0(/+,1-1%&#+&(L%)*+&-15('&01$1,%-.,8
#4"0&(&#'-0&2%&#4"0&(&7,%?8&C(&#(&-'&".%&(&/(2"%#&-'&7(-D&"1&(&"%#%&#'-03&"%#%&7,%?8&H4*(&"1&2*%13& T"(.,%&*,'")7.,5+5&!"&#(,*%*10%"(&%;.*(F'&(L%)*("6(%&".')*,(3&;,%"&7(".5("(-(&;(&#',(&-(&;,.01#(53&
@.%(,1-(M&U+&1%*&-'&(%&2%&/+0&#+&-15%"('F+&#'&2%&-154"+,%-(&')*('&0(&)*%#-+&uA(#18&(8(#*,%#r9&K+:6%& %',&'-*(.,%&:&;,%"&0(;1"(,(&0(&G1,+7E"*&#(,()#9&x1,+54"*1-&".)*,1&!-&7'#(5&!"&"15(-(&H(-.,&*,(%&5',%&
);1%3&@.%(,1-(3&#(&'5&/+F1*&(18&U'%&)+;*+54"%-(&*,(#1*(&'&51,%*&/(#%"1-&5(13&N$(.,?$%6+3&2%&'5& )7%"*(&P,(%5%A&P,(%5('&#("*,'-+3&P,(%5('&).-',+&2%&P,(%5('&K7%"*(-.,&C1$1,%&;-'"(*',(8
/+F1*&'*1"#%3&#+&(-&0%"&-15%".)&#(&(,'3&)(&!"*1"(#'&!"#(*1-&#1&!"#(*1-3&;4"+&'&0(/("%*&"(?,1&0(&*.*8& H'&*.'*(&7.,6(-(&'-#+*1%*(&0(&S-&!"&-15(3&P'*+-&#("*,'-&-1#,('F+&#'&.&o.,6+&*,(%5%#+A&;,%5'&()*(&
I;.%&%',&):'&';,%")3&0',&"1&#'&!"*4%'&.',+8&9(&#(&*,(#('&*%5;1-3&)(&!5;16('3&2%&0%"&#(&!"&#(&)(& ;.F%*%/+3&'&0.1'&:&"(?'*%/+&2%&'&*,(%'&:&"(1*,+8&C'#+&"(:'5&'7-'&!"&K7(,':G'@.,'*.,3&'5&#.")*'*'&#+&
!"*1"(#'3&;4"+&#(3&5'%&F%-(-(&*,(#1*(3&":'&5'%&-15%"'*&0(-.#&2%&):'&7+#1*&"(?,1&#'&;+54"*1-8 ;,%5'&o.,6+3&9.F%*%/1-3 &#2"#(4(/ &'&0.1'3&J(?'*%/1-3 &'4,2A+ &)'1&,();%"?(3&%',&'&*,(%'3&J(1*,1-3&"1&
:H153&7,+6%.',(3&;+54"*1-&(&"(?,1D #.5("*('F+3&#%&"15'%&$2*+,+3*(9&9.F%*%/1-&()*(&%"*(,()'*&#'&;,.;1"(,('&G1%&)+&7%(&';,.@'*+&2%&';-%#'*+&
:9+%3&#1#.'"(3&015"('*'&"1& /(F%&#+&0(&')*+&*.'5"+3&0(&#4"0&'1&51,%*&*.'*(&%(,@1,%-(& 0(&;(& )'1&(L(#1*'*+8&J(?'*%/1-&,();%"?(&)'1&';,.@+&;,.;1"(,('&;,%51-1%3&0',&2%&o3-&()*(&%"*(,()'*&)+&)(&
)1;,'7'6'&-1%3&'1&;%(,%*&*.'*(&-15%"%6(-(&2%&'#15&):'&@(F"%*&0(&*.*DM&I@%'&)(&5'%&/(0(8 !"7+;*1%')#+&;1"#-81-&K+1&0(&/(0(,(8&9("*,1&#'&*.*12%&-1#,',('&)+&'%@+&-.#3&%0(%-(&)1"*&!"'%"*'*(&H(-1%&
:H4"0&(&5'%&@%"(A&".';*('&)'1&F%1'D 0(:'-&*,(%-('3&J(1*,1-1%3&#',(&7%%"0&0(F%"*(,()'*&"1&;,.;1"(&"%5%#8&I&*,(%'&o.,6+3&J(1*,1-3&-1#,('F+&!"&
:9("*,1&".%&(&5'%&@%"(&".';*('8&H4"0&(,'5&.5&#',"'-3&/(0('5&5'%&@%"(&F%1'Q&'#15&:&#%10'*& /%,*1*('&-%@(,1-1%&K+1&',@%*,13&;("*,1&#+&S-&"1&',(&"%#%&1"&%"*(,()8&S-&'05%*(&)'1&,();%"?(&;,.;1"(,('3&
-1#,13&@.%(,1-(&:&/+0&5'%&@%"(&".';*('8&J1&2*%1&0(&#(3&@.%(,1-(3&"1&5+&015%,(2*(&#';1-&5(1& 7.,54"0&.&5'=.,%*'*(&#1&1"1-&0%"&#(%&0.%&7'#*.,%&'%&o.,6(%&0(&'#6%1"(8
0(-.#8 G'&'#(')*+&*,(%5(&0(&'#6%1"%&"1&)(&5'%&;.'*(&').#%'&1"&'-&;'*,1-('3&'-&#%"#%-('&(*#883&#%&;,%51-&
:9+%3&.51-(3&#4"0&(,'%&#',"'-3&,'F(-(&).',(-1%&-15%"'1&;+54"*1-8 ;,.;1"(3&'-&0.%-('&'05%*(&)'1&,();%"?(3&2%&'-&*,(%-('3&o.,6'&"(1*,+3&0+&;.)%@%-%*'*(&#'1F(%&;,%5(&0(&'&
:C(&#(:6%&,4F%&0(&5%"(3&#1#.'"(3&#+#%&).',(-(&(&2%&'#15&;(&#(,3&0(&#(&,'F(-(&-1%&"1&5'%&-15%"('F+& -1#,'8&H%"(&#.")*%*1%(&#'1F'&;,%5+D&H'1F'&;,%5+&()*(&9.F%*%/1-3&%',&'&0.1'&7.,6+&0%"&K74"*'&P,(%5(&
2%&'#15D&a'5("%%&'1&"+)#.#%*&#+&).',(-(&(&0(&7.#3&#+&7,%?(&,+1A&2%&#+&'#.-.&',&7%&'0(/+,'*1-&%'03&0(& #("*,'-+&()*(&J(?'*%/1-8&J%#%.0'*+&"1&;.'*(&-%;)%&J(?'*%/1-3&S-&7%%"0&#'1F'&)(#1"0+8&C%"*,(&'#()*(&
"1&;.'*(&*,+%&"%#%&#$%',&0%'/.-1-8&S1&)1"*&.5&;,.)*&2%&"1:5%&;.*&(L;-%#'3&0(&#(&'#15&).',(-(&"1& 0.1+&#'1F(&:&;,%5'&2%&)(#1"0'&:&"15'%&;,%5'&()*(&#('&#',(&;,.;1"(8&I2'0',&!"&.,%#(&-1#,',(&)'1&
5'%&!"#+-F(2*(&2%&"1&5'%&-15%"('F+8&T"&-1#,1&/+03&#+&(-&'%#%&"1&5'%&!"#+-F(2*(&'2'&#15&5+& #,('6%(3&"15'%&9.F%*%/1-&',(&%"%6%'*%/'8&J(?'*%/1-&"1&',(&"%#%.0'*+&0,(;*1-&0(&%"%6%'*%/+8&S-&',(&"15'%&
!"#+-F('&/','3&#4"0&(,'5&=.)&.5&#',"'-8 0,(;*1-&0(&'&'05%*(&)'1&,();%"?(&;,.;1"(,('&;,%51-1%3&'&9.F%*%/1-1%8&C(&')(5("('3&"%#%&o.,6'&'&*,(%'&
U%:'%&);1)3&@.%(,1-(3&)+&/.,@()#&0.5"1-1%&0(&'%#%3&#',(&"1&!"6(-(?&#(&7(-&0(&.5&()*(3&#+&/+0&#'&5+& ,%1&()*(&#'1F+&;,%5+3&;("*,1&#+&S'&()*(&.8&7.,6+&"(1*,+8&H'1F'&;,%5+&()*(&"15'%&P'*+-3&o.,6'&;.F%*%/+8&
'10(8&U:'5&01)&-'&'%&5(%&2%&-(:'5&/.,@%*&2%&"%#%&"(/')*'3&"%#%&0'"#%1#1-&5(13&"1&5+&/(0('13&"1&5+& o.%6'&'&0.1'3&"(?'*%/+3&C%/%"%*'*('&)(#1"0+&()*(&)'1&"1&0(&'#.,0&#1&C%/%"%*'*('&9,%5+3&;.F%*%/+8&!"&
'1F('18&C',&0.5"1-&+)*'&"1&2*%1&#(&7(-&0(&.5&.&7%D&U%"1"'*&.5M&C.5"1-(3&.51-(&5%"1"'*3&')#1-*+: 7!"7(=&;,.;.F%6%'&7+#1*+&()*(&0(7(,%*+&#(-(%&0(:'&*,(%'&o.,6(&0%/%"(3&"(1*,+3&C%/%"%*'*('&*(,6+3&#',(3&;,%"&
5+&;(&5%"(A&"1&(&'%#%&-'&".%&0(&-.#&-15%"+3&5+#',&#+&(&).',(-(&;(&#(,8 -%@(,1-&K+1&',@%*,13&)(&'-+*1,+&-'&;,.;1"(,('&;,%5(%&o.,6(&)'1&.&,();%"?(8
a3&)+,'#1-&0(&5%"(3&#(&5'%&.7*'5&%',"'&01;+&(-M&I#15&/+0&#+&'7',+&(&?(,3&0',&"1&5%:(&7,%?8&I%#%& P"&)*'0%1-&'#*1'-&'-&(/.-16%(%&#,('6%(%3&C%/%"%*'*('&0.',&#."01#(&)'1&0.5"(2*(3&0',&"1&#,(('F+3&
-'&015"('*'3&/+0&7.#&!"&).@+3&0',&"1&5%:(&#'-08&C',&#(('&#(&5+&5%"1"('F+&5'%&51-*&(&#+&!6%&/.,@()#3& "%#%&"1&(L(#1*+8&K-1=%*.,%%&K+%&0%"&K7(,'&0%/%"+&#,(('F+&#(('&#(&):'&$.*+,4*&0(&K74"*'&P,(%5(&C15"(F(13&
015"('*'&5+&')#1-6%&2%&0%"&#';&!6%&%()&5(,(1&)#4"*(%8&p.%(,1-(3&#(&(&#1&0.5"1-&+)*'&0(&'%#%D&a&)+&%&)(& *,(%&!"*,:1"'8
';,%"0+&;+,1-&0%"&#';M&J1&/(F%&015"('*'&#15&)#';+,+&0%"&#';1-&-1%&)#4"*(%&-'&7%(#',(&/.,@+&'&5('D&
9',#+&)1"*&)#4"*(%-(&0(&-'&*,'5/'%M
VU\ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&:&F&521'&#',*( ?271"%#+,%&5%"&?(,
VUT

C%/%"1-& N1/(,"'*.,&#("*,'-&"1&()*(&1" &0();.*3&"1&()*(&.&7.,6+&',@%*,',+3&#%&.& o.,6+&)1@-%5+3& ','"='*&!"&H(,8&W%1'3&!"&)*',('&#."2*%%"6(%&0(&/(?$(3&(-&"1&2*%(&"%5%#3&2%&#4"0&!%&,(12(2*(&.&-1#,',(&


'-#+*1%*+&')*7(-&#'&*.*1-&)+&7%(&#15;+"%*3&#'&*.*1-&)+&%')+&0%"&?4"0%,('&2%&',5."%F',('&'&*,(%&o.,6(3&'&*,(%& .',(#',(3&#,(0(&#+&"15'%&5%"*('&)'&'&#."*,%@1%*&-'&,(12%*+8&S&54"0,1&0(&#(('&#(&'&7+#1*3&;("*,1&#+&'&
[.%"6(3&#(&/.,&-1#,'&;(,7(#*&1"%*',&-'=%.%-(&#,('6%%&2%&-(?%8&C1;+&'#()*&5.0(-&)1"*&'-#+*1%*(&*.'*(&7.,6(-(& *,(#1*&;,%"&51-*(&;%(0%#%8&['&,(12%&!"*.*0('1"'3&!"&#%10'&*1*1,.,&;%(0%#%-.,&,%0%#'*(&0(&.'5("%3&;("*,1&
'#*%/(&0%"&#(-(&;'*,1&1"%/(,)1,%8&!")12%&P'*+-&0%/%"&#("*,'-&'&#."#(;1*&%0(('&#+&T"1-&;.'*(&?,(2%3&0(& #+&(-&()*(&1"'&0%"&#(-(&*,(%&7.,6(&*,(%5%#(&#.,0."%F'*(8&J(1*,1-&!"*,1;'*&/'&7%&!"F()*,'*&#1&.&5(5.,%(&
'#(('&S-&2%:'&').#%'*&;(&K(#1"01-&2%&;(&P(,61-8 0(.)(@%*+&2%&#1&.&5',(&;1*(,(&0(&51"#+8&!"&;-1)3&/'&'/('&.&;1*(,"%#+&%"*1%6%(3&?$%#%"0&'0(/+,1-&!"&
K+&(L'5%"+5&#'F1-&1"(%&*,(%5%&0%"*,:1"&#.,;&#(,()#&.',(#',(8&K+&F%#(5&#+&;,%51-3&;.F%*%/1-3&',& *.'*(&5',%-(&;,.@-(5(&'-(&/%(6%%3&7%(&;(,)."'-(3&7%(&).#%'-(3&'-(&5(0%1-1%&!"&#',(&*,+%(2*(8&S-&)%"?1,&)(&
F%#(A&BK+&7'#(5&-1#,',('&fEQ&'-&0.%-('3&"(?'*%/1-3&',&F%#(A&BC'3&)+&7'#(5&-1#,',('&fEQ&2%&',&/("%&7.,6'& /'&5%"1"'&0(&%"01#(,('&2%&0(01#(,('&7(".5("(-.,&/%%*.',(&!2%&/'&F%#(A&BU+&5%"1"(F&2%&(1&#15&0(&
'&*,(%'3&"(1*,1-3&2%&',&F%#(A&BC'3&(&@%"(&)+&7'#(5&-1#,',('&fE8&!"&'#()*&#'F3&#(-(&*,(%&7.,6(&7%%"0&0(& /+0&'2'&0(&#-',&-1#,1,%-(3&#1&51-*(&F%-(&5'%&!"'%"*(E8&P.6%&!%&,(#1".)#&)1;(,%.,%*'*('3&2%&-'e1,5+&/%'6'&
'#(('2%&;+,(,(3&0(#%&%"*(,()'*(3&"1&;.'*(&)+&'%@+&-.#&;1"(,('&!"&-1#,',(&'&%0(%%&;,.;1)(8&G(?('&0%/%"+& )'&)(&*(,5%"+&#'&1"&7'#*.,&0(&)('5+&'-&).#%(*+6%%&!"&5%=-.#1-&#+,(%'&'&*,+%*8
"1&;(,5%*(&#'&0(#%F%%-(&)+&7%(&-1'*(&0%"*,:1"&'"15%*&%"*(,()8&9("*,1&'&)(&%(2%&0%"&'#()*&%5;')3&)(& !" & '7',+ & 0( & '#(2*% & .'5("%3 & 5',% & 7.,6( & );%,%*1'-( & '-( & );'6%1-1%3 & ,()*1- & %"0%/%F%-., & .5("%,%% & )(&
,(#1,?(&-'&.&'-*+&*,(%5(3&0(&1"&.,0%"&%(,',$%#&)1;(,%.,3&#',(&/'&(L'5%"'&;,.@-(5'3&2%&0'#+&('&/'&7%& #.")*%*1%(&2%&(%&!"*,:.&*,(%5(&40:$.#&2%&(7(5(,+8&!"&!5;,(=1,+,%-(&?,'/(&'-(&(L%)*("6(%&)'-(3&@%(*1-&.5&
#."*,'&;,.;1"(,%%3&)(&/'&0(7(,%&1"(%&'&*,(%'&7.,6(&*,(%5%#(&2%&5'%&!"'-*(3&#',(&/'&$.*+,!&7%(&0(&;',*('& *,1;()#&"1&',&2*%&#(&)+&7'#+3&0'#+&',&7%&-+)'*&)%"?1,8&9("*,1&#'&(-3&*.*12%3&)+&)(&0(#%0+&-'&.&'#6%1"(3&%&)(&
'-+*1,+ & !"#+ & 0.1+ & 7.,6( & );%,%*1'-(3 & 7.,54"0 & . & *,(%5( & );'6%'-+ & #',( & )+:< & 0(*(,5%"(3 & )+:< & '=1*( & -'&
;,%5(%&*,(%5%3&7%(&0(&;',*('&7.,6(%&'&0.1'&*,(%5%#(8 (L(#1*',('&1"1%&'#*&)'1&;1"#*&0%"&;,.?,'51-&/%(6%%&)'-(8
C',&#15&)(&,(F.-/+&;,.@-(5'&!"&K7(,'&0%/%"+&0'#+&#(-(&*,(%&o.,6(&0%/%"(&)1"*&0(&'#(('2%&;+,(,(D& R'*+&1"&(L(5;-18&!"&#',*('&/%(6%%&1"1%&.5&*,1;()#&()*(&;,(/+F1*&)+&*,('#+*;,%"*,:.&)17(,%"6+3&#'&
!"&'#()*&#'F3&C%/%"%*'*('&;,%5+&:&)'1&#'1F'&;,%5+&:&7'#(&%5(0%'*&';(-3&;(&)#',+&0()#("0("*+3&-'&.&'-*+& 1,5',(&'&1"(%&?,(2(-%&0%"&*,(#1*3&0%"&'-*+&/%'6+&)'1&#$%',&0%"&/%'6'&'#*1'-+8&!"*,:.&".';*(3&);%,%*1-&
o.,6+&*,(%5%F'*+&2%&0'#+&2%&('3&0(&(L(5;-13&()*(&;("*,1&'#(('2%&;,.;1"(,(3&#'&!"&#'F1-&".)*,1&0(&5'%& !"*,1;'*&'&-1'*&#1".2*%"6+&#+&!"*,:1"'&0%"&F%-(-(&1,5+*.',(&/'&*,(#(&;,%"*,:1"&(/("%5("*&!"&1,5'&#+,1%'&
)1)3& )(& #.@.',+&5(,(13&0%"&*,(%5(& !"&*,(%5(3&;4"+&-'&.&*,(%5(&#',(&()*(&#."*,',%(8&C(& '#153&)(& /'&'/('&0(&)17(,%*8&C%5%"('6'&'#()*&.5&)(&)#.'-+&"(-%"%2*%*Q&.&*,%)*(6(&?,.F'/+&!-&';')+87+,+&)+&'%@+&
'-%;(2*(&'#()*.,&0.1+&;,.;.F%6%%&;+,(,('&0(7%"%*%/+&'&1"(%&'&*,(%'&*,(%5%3&#',(&!2%&0+&/(,0%#*1-&!"*,:1"& /,(1"&5.*%/8&I,(&.&;,()%56%,(&/'?+&#+&%&)(&/'&!"*45;-'&#(/'3&#+&/'&*,(#(&;,%"*,:1"&5',(&"(#'F8&J1&2*%(&
7(-&)'1&'-*1-8&I)*7(-&71"#6%."('F+&K74"*'&P,(%5(&'&P'*+-1%3&C%/%"%*'*('&#("*,'-+3&*,(%&!"*,:1"'8 "%5%#&2%&54$"%,('&"1:<&)-+@(2*(8&9-('#+&-'&0,153&)(&;,.01#(&1"&'##%0("*&2%&)(&'-(?(&#1&1"&@,'6&)'1&
K(&;1"(&!"*,(@',('A&H',(&0%"&'#(2*%'&*,(%&()*(&;.F%*%/1-D&a,%#',(&0%"&#(%&*,(%&)(&;.'*(&#.")*%*1%&!"& ;%#%.,&,1;*8&9,()%56%,('&):'&,('-%F'*Q&01,(,('&'&).)%*8&K;%,%*1-&2*%'&0(&*.*&;(&/'&/("%&2%&!2%&,(7-(#*'&
;.F%*%/3&!"&.,%#(&5.5("*8&I2'0',3&.,%#',(&0%"&H(%&*,(%&;.'*(&7%&;.F%*%/3&"(?'*%/&)'1&"(1*,18&H(-&#',(& 54$"%,('&*,1;1-1%&)+13&#',(&!",(?%)*,'3&0',&"1&;1*('&;,(#%F'&#(&'"15(8
;,.;1"(&()*(&9.F%*%/3&H(-&#',(&,();%"?(&0(/%"(&o.,6'&"(?'*%/+&2%&H(-&#',(&=10(#+&0(/%"(&o.,6'&"(1*,+8& [%'6'&(&.&-1;*+&!"&#',(&(2*%&%"/%"?+*.,&)'1&!"/%")8&S&"(/.%(&2%&0(&.&2#.'-+3&2%&0(&'-*'8&o.,6'&
R"&/%,*1*('&-%@(,1-1%&',@%*,13&=10(#'*'&H(-1%&0(:'-&*,(%-('&0(/%"(&-(?(3&'L%.5+3&,(#1".)#1*+&0(&*.'*+& !"/%"?+*.',( & ()*(& ;.F%*%/+3 & 7.,6'& !"/%")+ &()*(&"(?'*%/+8 &H(%-'-6% & 7'#*.,%3 &=10(#+*.,%%& 0%"& );'6%13& '1&
G15('&0%/%"+&0%"&K7(,'&G'@.,'*.,1-1%&#("*,'-&2%&;1)+&%5(0%'*&!"&(L(#16%(8&P.'*+&-15('&)(&;-('#+&!"& 0(*(,5%"'*&#1,)1-&(/("%5("*(-.,8
7'6'&G(?%%3&0(.',(#(&('&'&%(2%*&0%"&#."-1#,',('&#(-.,&*,(%&o.,6(8 a51-&*,1;()#&()*(&')(5+"+*.,&1"1%&#'-&0(&#1,)(8&J.%3&#(%&0%"&);'6%13&7'#(5&.,%&;(&=.#$(1-3&.,%&;(&
!"&;,(-(?(,('&5('&0(&'F%&6%:'5&7+#1*&#1".)#1*+&.&-(?(&%5;.,*'"*+A&:(-('&81#,+,%82,&5%0%"(9&91)+& #(%&#',(E:;',%'F+&;("*,1&)'1&#."*,'8&p%(*1-&'"%5'-3&.51-&*,1;()#&:&'-(',?+3&54"'*&0(&=.#$(1-&)+1&2%&!"&
!"&;,'#*%#+3&('&/'&7%&1,5'*+&!"*.*0('1"'&0(&,(12%*+3&'01#4"0&51-615%,(8 '#(-'2%&*%5;&()*(&)1;1)&;,%/%,%%&'&0.1+&*'@(,(&.;1)(3&;,.&2%&#."*,'3&#',(&;',%'F+&;("*,1&.&'"15%*+&
'#6%1"(3&1"%%&F%#4"0&#+&/'&,(12%3&'-6%%&'7%,54"0&#."*,',%1-8
[(F%3&7,'*(3&#(&-(?+*1,+&()*(&!"*,(&-15('&/.')*,+&2%&'&".')*,+D&9(&'#(')*+&*(5+&'5&)+:6%&(L;-%#&1"&
)%5@.-&,(;,(F("*'*&!"&@%)(,%#%-(&/.')*,(8&9(&1"(-(&%#.'"(&()*(&!"7+6%2'*&K74"*1-&N$(.,?$(&#+-',(&;(&1"&
I#6%1"('&01$1,%-.,
\
#'-&7'-"%#3&.5.,4"0&#1&)1-%6'&1"&@'-'1,8&S&.&%#.'"+&#(&,(;,(F%"*+&1"&)%5@.-&#1".)#1*&0(&#(-&#(&<:'&
;%#*'*&%"%6%'-&;(&-(5"3&F%0&)'1&;4"F+8&H%10'*&)%5@.-&;("*,1&/.%3&#+#%&):',&;1*('&"'2*(&!"&5%"*('&/.')*,+&
916%"+&-15(&#1".'2*(&%5;.,*'"6'&K7%"*(%&P,(%5%3&#1".)#1*+&0(&%"%6%'6%%&;+54"*1-1%3&0%"&#('&5'%& !"*,(@',('A&BH(-&#(&'&,(;,(F("*'*&'#()*&'#*&*,(@1%(&)+&7%&2*%1*&#+&2%&@'-'1,1-&)%5@.-%F('F+&.&7%%"6+&#,('*+&
'04"#+&'"*%#$%*'*(8&C(&#4"0&.51-&()*(&;(&;+54"*3&".%3&01$1,%-(3&'5&7+#1*&#1".)#1*(&51-*(&'0(/+,1,%& 0(&P'*+-8&H15&0(&2%:'&;(,5%)&)+&%"*,.01#+&!"&#')'&C.5"1-1%&,(;,(F("*',('&1#%0(,%%&1"(%&7+;*1,%DE&I2'&
,'6%."'6%&/.%3&;("*,1&#+&"1&#1".'2*(6%&*'%"(-(&#(,(2*%8&J%#%&;,(.*1-&#',(&'&;,%/%*&'"%&0(&F%-(&%#.'"'&"1:%&
#(,(2*%&%"%6%'6%-.,&".2*,%3&%1@%6%%&H(,1-1%8 2*%(&!"6(-()1-8&I%#%&'/(5&0(:'&7'#(&(1&1"&7,15.)&)%5@.-3&.&,(;,(F("*',(&*'%"%#+&'&1"1%&'0(/+,&#(,()#8&
C%"&;,(-(?(,%-(&5(-(&'"*(,%.',(3&'%&'7-'*&#+&*,(%5%-(&)1"*&#.")*%*1%*(&0.',&0(&.'5("%&);'6%'-%&0%"& H'-1-&)%5@.-%F('F+&1"&@%(*&.5&*,1;()#8&o,15.)&2%&@%"(&2*%(&)+&'-(,?(&.51-3&0',&(-&:&#'&.,%#(&'"%5'-&:&
F."'&'&R:'8&a&7.,6+&*,(%5%#+&()*(&7.',*(&;1*(,"%#+&2%&$.*+,4,('&(%&()*(&%,(/.#'@%-+3&01;+&#15&6%:'5& "1&;.'*(&0(#4*&)+&,(;,(F%"*(&.&7.,6+&.',@+3&"(2*%1*.',(3&-%;)%*+&0(&;1*(,('&0(&'&;+*,1"0(&!"6(-()1-&*'%"%#&
(L;-%#'*8&C(&')(5("('3&6%:'5&);1)&#+&2%&("*%*+6%-(&);%,%*1'-(&0%"*,:.&*,(%5(&#.,0."%F'*+&)(&!"*,1;('F+& '-&-1#,1,%-.,8&p'!'1,1-&#',(&!%&%()(&!"&#'-(&()*(&.&,(;,(F("*',(&)%5@.-%#+&'&(/("%5("*(-.,&/%%*.',(3&
1"(.,%8&H4"0&1"&')(5("('&);%,%*&)(&!"*,1;('F+3&(-&/'&7%&.&;(,)."'-%*'*(&#(&)(&,(5',#+&;,%"&';*%*10%"%-(& *,%)*(3&2%&01,(,.')(&'-(&/%(6%%&;(&'#()*&;+54"*3&.&7.,6+&5',#3&%"(/%*'@%-+&2%&%"/%"#%@%-+&0(&.58&C',&
2%&#."01%*'&)'8&[%'6'&-1%&/'&7%&#.,(#*+3&)*4,"%"0&'05%,'6%'&#(-.,&0%"&=1,3&%',&7';*(-(&)'-(&/.,&0(5.")*,'& )74"*1-&!"#+-((4"0&#'-1-&.5.',+&#1&)1-%6'&)'&@'-'1,1-8&K74"*1-&()*(&);%,%*1-&'=1*+*.%&0%"&);'6%18&!"&'#()-&
!"6(-(;#%1"(8&!"6(-(;#%1"('&)'&0(#1,?(&0%"&7';*1-&#+&!"&0.)1-&.51-1%&*,1;()#&)(&')#1"0(&1"&);%,%*&0(&.& (/("%5("*&)%5@.-%#&):'&#.")*%*1%*&'0:$.#&.&*,(%5(&0(&'#6%1"(8&K74"*1-&()*(&7.,6'&;.F%*%/+3&@'-'1,1-&()*(&
!"'-*+&(/.-16%(3&%',&)1##()(-(&-1%&.5("(2*%&)(&0'*.,()#&7';-1-1%&#+&()*(&#.")*'"*&'=1*'*&0(&#(-(-'-*(& 7.,6'&"(?'*%/+&%',&#'-1-&:&)%5@.-%F4"0&.51-&:&()*(&7.,6'&"(1*,+3&#',(&)(&)1;1"(&2%&(L(#1*+8&!"&'#()*&#'F&
0.1+&7.,*(&'-(&*,(%5%%&)'-(3&,+5')(&#'&);%,%*(&!"&);'6%18 K74"*1-&N$(.,?$(&()*(& .& 7.,6+& ;.F%*%/+3&;("*,1&#+&/,('&1#%0(,(' &@'-'1,1-1%8 &p'-'1,1-&()*(&.&7.,6+&
9,%"&7';*1-&#+&1"&5(5@,1&'-&*,(%5%%&);%,%*1'-(&):'&#.@.,4*&-'&)1;,'7'6'&;+54"*1-1%3&;("*,1&'&)(& "(?'*%/+3&.;1"4"01:)(&1#%0(,%%&)'-(8&K74"*1-&"1&-:',&;1*('&@%,1%3&0'#+&-4&/.%"6'&)'&"1&):',&'-%;%&2%&7.,6'&
!"*,1;'3&#(%-'-6%&0.%&7,'6%&:&,+5'2%&!"&);'6%13&!"&F."'&'&R:'&:&)1"*&)%-%6%&)+&;+,+)(')#+&"%/(-1-&-.,&)1@-%58& '& *,(%'3&#'-1-& : &.51-& *,1;()#8 & c(F1-*'*1- &()*(&(L(#1*',(' & 7';*(%& #',( &'&'/1*&0.1+&';,.@+,%8 &K7%"6%%&
H(%&*,(%&7'#*.,%&'%&1"(%&7.,6(&*,(%5%#(&=.'#+&,.-1-&!"0(;-%"%*&0(&K74"*'&P,(%5(&;-'"(*',+3&).-',+ &)'1& ;+,%"6%3 & !"*(5(%(*.,%% & @%)(,%#%% & #,(2*%"(3 & #1".)#4"0 & ;1*(,(' & 7.,6(% & *,(%5%#(3 &7%( & (' & 2% & 0( & .#'F%(3 & '1&
#("*,'-+3&'0%#+&;,%51-&(&;.F%*%/3&'-&0.%-('&"(?'*%/&2%&'-&*,(%-('&"(1*,18 (L;,%5'*&'#(')*+&2*%%"6+3&)%5@.-%F4"0:.3&!"&%#.'"'&K74"*1-1%&N$(.,?$(8
H1&'-*+&.#'F%(3&'5&);1)&#+&,.-1,%-(&)(&;.*&)#$%5@'&!"*,(&'#()*(&*,(%&%"0%/%01'-%*+6%8&C'#+3&0(& I#15&,(/%"&-'&5',%-(&!5;,(=1,+,%&'-(&/%(6%%A&1"&(L'5("3&.&5',(&!"7+;*1%,(&.5("(')#+3&.&#+)+*.,%(&
(L(5;-13&!"&;,.@-(5' &F/ &;,%51-&4&7.)*&;.F%*%/3&!"&;,.@-(5' &B/ &(-&;.'*(&=1#'&,.-1-&0(&"(?'*%/&)'1& (*#8&!"&;,('=5'&1".,&')(5("('&(/("%5("*(&#';%*'-(&0%"&/%'6'&.51-1%3&)(&#.")*%*1%(&%5(0%'*&.&7.,6+&
"(1*,18&I2'0',&,.-1,%-(&)(&)#$%5@+8&H1&'-*(&#1/%"*(3&2%&;(&9+54"*&)(&-1#,('F+&#'&!"&K.',(3&.,%&!" *,(%5%#+3&;("*,1&'=1*.,',('&)'1&!5;%(0%#',('&(L(#1*+,%%&'#*1-1%&)'1&!5;,(=1,+,%%&,();(#*%/(8&!"&'=1"1-&
G'@.,'*.,1-&#("*,'-&'-&#.)5.)1-1%8 (/("%5("*1-1%3&.51-&!"#(;(&)+&)(&"(-%"%2*(')#+3&)+&"(#$(F(&#'&2%&#'-1-&K74"*1-1%&N$(.,?$(&-'&';,.;%(,('&
K:' & $.*+,4* & #' & 1"1- & 0%" & #(% & *,(% & #.,0."%F'6% & )+ & )( & !"*,1;(F(8 & !" & /(0(,(' & '#()*1% & '#* & '1 & -.#& @'-'1,1-1% & )'1 & ' & (/("%5("*1-1% & #$(5'* & 0( & 0()*%"1- & )+18 & a51- & "1 & )( & /' & -%"%2*% & ;4"+ & -' & 7%"'-1-&
#.")7+*1%,%3&)(&'-#+*1%(2*(&1"&;-'"3&1"&;,.?,'5&'-&/%(6%%&)'-(&*,1;(2*%8&H(-&#',(&'&';,.@'*&;,.?,'51-&0(& (/("%5("*1-1%8
-1#,1&'-&'#()*(%&*,(%5%&/'&!5@,+#'&$'%"'&*,1;(')#+8&S-&/'&7%&"(1*,1-3&')*7(-&#+&;.F%*%/1-&2%&"(?'*%/1-& 9,%"&1,5',(3&.51-&"1&(&-+)'*&)%"?1,&!"&7'6'&$.*+,4,%-.,&0(#%)%/(&2%&'&!"*45;-+,%-.,&%5;.,*'"*(&;,%"&
,+54"&);%,%*(&-%@(,(3&0',&/.,&7%&-(?'*(&0(&!"*,1;'*3&;(&*.'*+&;(,%.'0'&/%(6%%&)'-(&*(,()*,(3&#."-1#,4"0&#1& #',(&/'&*,(@1%&)+&*,('#+8&o';*'&*'3&.51-(3&"1&()*(&.&7.,6+&.',@+&2%&"1&(2*%&-+)'*&)%"?1,&!"&-15(8&K+&2*%%&
(-&-'&0()7+21,',('&;,.?,'51-1%&)*'@%-%*3&')(5("('&K7%"*(-.,&P,(%5%&'-(&P'*+-1%3&o%1-1%&2%&K74"*1-1%& #+&;(&15(,%%&*+%3&!"&);'*(-(&*+13&)(&'7-+&1"&);%,%*&:&(#$%/'-("*1-&K74"*1-1%&N$(.,?$(&:&#',(&*(&/'&';+,'3&
"1&#'&.&7.,6+&1"%*',+3&#%&#'&.&7.,6+&*,(%5%#+8&I#()*&);%,%*3&'=1*+*.,&2%&%1@%*.,3&()*(&/(?$(*.,1-
C1$8&J(1*,1-&'&!5@,+#'*&$'%"'&*,1;(')#+3&2%&!"&'#(')*+&)*',(&(-&"1&5'%&2*%(&"%5%#&0%"&#(&'&$.*+,4*3&;(&
#4"0&(,'&);%,%*&-%@(,&!"&);'6%18&C',3&".';*('&#4"0&!2%&;+,+)(2*(&*,1;1-&'0.,5%*3&2*%(&0(&*.*&#(&):'
,,- >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"&?(,
VVU

*+13&;,%(*("&)%"#(,3&#',(&/'&)*'&!"&;,('=5'&*'3&;4"+&-'&5.',*('&*,1;1-1%&*+18&H4"0&.51-&).)(2*(&!"& ;',*(&0%"&?,1;1-&)+1&);%,%*1'-Q&0(#%&;("*,1&7'5%-%'&)'&#(,(')#+&(-&()*(&1"&;%(,01*8&9.'*(&7%&,(*,%5%)&;(&
;,('=5' & 5',(-1% & (/("%5("* & : & . & ;,.@+ & )'1 & (L'5(" & 0( & 8(/.-16%( & : & /(?$(*.,1- & #1".)#4"0 & ;(,7(#*& 9+54"*3&0',&01;+&/,(5(&!"0(-1"?'*+3&#4"0&):'&,1;*&.,%#(&-(?+*1,+&#1&;',*%01-&)+1&#(,()#8
0()*%"1-&;,.*(='*1-1%&)+13&#$('5+&%5(0%'*&;(&7,'6%%&0%"&?,1;1-&);%,%*1-1%&!"*,1;'*3&;("*,1&'&#.")*%*1%& I#15&2*%%&#(&)(&!"*45;-+&#1&#(%&*,+)"%6%&;(&;+54"*&2%&!"&H(,8&!"#+&.&5%#+&*'%"+&,(/(-'*+&6%(&2%&;,%"&
*,(%7('&'56$2#/&"(#()',+&*,(#(,%%&'#(-1%&(/("%5("*8 *%"(&.5("%,%%8&!"&?("(,'-3&)1"*&71-?(,'6%&#(%&0%"&F."'&'&R-R:'3&5'%&,',&#(%&0%"&F."'&'&R-:'8
R" & *'%"+3 & C.5"1- & ' & ,(/(-'* & '#()* & '0(/+, & 1#("%#%-., & K+%3 & 0', & "1 & ' & 7.)* & #.")(5"'* & 0( & )7%"6%%& C./(0%"0&!"&"("15+,'*(&,(!"*,1;+,%&.&5',(&7(,.#%*'*(3&7+#4"01:)(&0(.)(@%*&0(&/%"./'*&!"&7'6'&
(/'"?$(-%2*%3&;("*,1&#+&(,'&%5;.)%@%-&0(&!"6(-()&0(&-15('&"(%"%6%'*+8&S-&-(:'&);1)&1#("%#%-.,A&iS%#%&1" & -(?%-.,3&;,%"&;(,/(,)%*'*('&2%&.,?.-%1-&)+13&1"&);%,%*&/'&7%&(-%5%"'*&0%"&?,1;1-&)+18&9("*,1&'01#(,('&-'&
;%1&'8&J(1&"1&0'&;%&8+)'*&)%"-1,/&#E"5&0'&*,(#(&4,2A(8(&5()*%"181%&)+1/&#%&*2*5('1"'&0'&;%&')%)*'* !"0(;-%"%,( & ' & '#()*(% & )(;',+,%3 & (- & /' & 7% & #."0'5"'* & -' & (-(#*,.#1*',(8 & R'*+ & ;("*,1 & #( & *.'*( & ,(-%?%%-(&
5(&#(%&5%"&*,(%7('&)'&"(#()',+k9 ;+54"*1-1%&;,(0%#+&)5(,("%'&2%&)1;1"(,('&-'&*.*&#(&$.*+,+2*(&H(,1-3&,(;,(F("*'"6%%&P'*+-1%&)1;,(58
R'*+&.&!5;,(=1,',(&7.',*(&%5;.,*'"*+&0%"&/%'6'&.51-1%8&T"&*4"+,&'&#1".)#1*&.&7'*+3&.&';,(#%'F+&2%& C1;+ & #15 & !" & -15(' & /.')*,+ & *,1;(')#+3 & 1" & 7,'*( & )'1 & . & ).,+3 & 0%);(,'6% & 0( & )*',(' & !" & #',( & !2%&
0.,(2*( & )+ & . & 7'#+ & ;',*("(,' & /%(6%% & )'-(8 &I2'0', & )( & ?4"0(2*( & -' & #+)+*.,%(8 & C( & !"0'*+ & )( & #.")*%*1%(& 0()7+2.',+&/%'6'3&)(&)%"1#%03&#,(F4"0&#+&/.,&)#+;'&0(&#$%"1,%-(&-.,&*,1;(2*%&)'1&)17-(*(2*%3&*.*&')*7(-&
*,(%5('&)'&#."01#+*.',(8&a&0'*+&*,(%5('&#.")*%*1%*+3&1"1-&0%"&(%3&;.F%*%/1-3&!%&/'&F%#(A&BN,+@(2*(:*(3&(& (L%)*+&);%,%*(&"(51-615%*(&0(&)*',('&-.,&0%);(,'*+&2%&"(6%"4"0&)('5'&0(&)7'*1,%-(&5'%:5',%-.,&-.,3&/.,&
7%%"6'&#',(&!6%&/'&7'#(&F%-(-(&)("%"(Ee&I-&0.%-('&F%#(A&BI54"+&;("*,1&5'%&*4,F%1E3&%',&'-&*,(%-('&/'& )+&*(,5%"(&#1&7(-1-&0(&/%'6+&);%,%*1'-+&'&;-'"(*(%&9+54"*8&a&')(5("('&%0((&?,(2%*+&-(&0(*(,5%"+&)+&)(&
);1"(A&BG%;)(2*(:*(&0(&'&*(&#+)+*.,%E8&R"&7'6'&'#()*.,&)1?()*%%&#."*,'0%#*.,%%3&.51-&)(&F+;+#(2*(&2%&"1& '2(F( & !" & #45;1- & 5',%-., & 0()#+,#+,% & (-(#*,%#(3 & ;("*,1 & ' & 7% & (-(#*,.#1*'*(3 & '0%#+ & /., & )+ & )( & )%"1#%0+&
2*%(&#(&)+&7'#+8&p%(*1-&.5&',(&0(&'-()&!"*,(&$.*+,4,('&#1&5'=.,%*'*('&0(&/.*1,%&'&*,(%5%#(%&7.,6(&2%& );%,%*1'-3&#'&2%&.51-&0(&;(&;+54"*8&G./%*&0(&1,%'21-&#1,("*&(-(#*,%#3&01$1-&/'&;.,"%&71-?(,+*.,&);,(&
-%@(,1- & )+1 & ',@%*,18 & K+ & )( & !").',( & )'1 & "13 & .,% & )+ & 5'% & '54"( & ;16%"8 & H(% & 0.% & /(?$(*.,%3 & ;+F%*.,1-& K.',(8&I=1")&'#.-.3&)(&)*'@%-(2*(&.&*(-(?,'7%(&5("*'-+&!"*,(&!"?(,%%&).-',%&2%&#(%&'%&;-'"(*(%&".')*,(A&BH(&
@+%'*1-1% & 2% & ;+F%*.,1- & 7(*(%3 & ', & ;1*(' & )+ & )( & #(,*(3 & )+ & 7%( & 0( & ;+,(,% & #."*,',(3 & #1 & *.'*( & #+ & !"'%"*('& (&#13&'#()*&51)'7%,&"(;.7*%*3&/("%*&!"&K.',(DE&R5(0%'*&)(&,';.,*('F+&5.*%/(-(&)%"1#%0(,%%&'#(-1%&);%,%*&
!"*,1;+,%%&;1;%-1-1%&-.,&):'1&!"6(-()&')1;,'&0()*%"1-1%&#(-.,&0.%&;,.*(='6%&'%&-.,8&C%"&'#()*&5.*%/&)(&7'#(& S-&()*(&=10(#'*&!"&K.',(&0(&o.,1-&)1;,(5&).-',&2%&)1;1)&1"(%&?,(-(&;(0(;)(3&#'&1,5',(&'&'#*1-1%&)+1&
';(-&-'&;+,(,('&'&*,(%&7.,6(&);%,%*1'-(3&#',(&1,5+,()#&7%0(-&(L(#1*',('&0()*%"1-1%&);%,%*1-1%&!"*,1;'*8&S%& "().#.*%*8 & J().#.*%"0 & G(?%-( & P'*+-1%3 & 01$1- & ):' & "(".,.#%*3 & !"0(;+,*4"01:)( & 0( & ?,1;1- & 0( & #',(&
#'1*+&)+&!"-+*1,(&*.'*(&');(,%*+6%-(&%/%*(&!"&=1,1-&#(-.,&0.%&*%"(,%3&0%"&;',*('&;+,%"6%-.,3&'&,10(-.,&2%& ';',6%"('&;.'*(&0(&5%-%.'"(&0(&'"%3&2%&#',(&!-&';+,'&2%&'=1*'&!"&(/.-16%'&)'8
#1".)#16%-.,8&P,(%5%#'&7.,6+3&#1".)#4"0&;(,7(#*&#+&'#(2*%&*%"(,%&):'1&7+?+01%*&:&#'&);%,%*(&:&1"1-&'-*1%'3& H'&;1%%&;(&-4"?+&#-.2#+3&)*+5&-%;%6%&1"%%&0(&'-6%%&2%&(/.-1+5&!5;,(1"+3&;,%"&'=1*.,&,(#%;,.#8&H(&
-1#,('F+&0%"&,+);1*(,%&#'&'#()*&#."*,'#*&);%,%*1'-&)+&7%(&(L(#1*'*&!"&-15('&*,1;(')#+8 /.5&;+6%&)+&;+6%5&#1&*.6%%8&T"1-&;("*,1&*.6%&2%&*.6%&;("*,1&1"1-8&C(&-'&'#(')*+&,(?1-+&"1&"(&'@'*(58&H1&
)5(,("%(& 2%& )7%"6("%(&"(&)1;1"(5&,(?1-%-.,& /(2"%#(3&#+#%&'-*7(-&)1"*(5&(L;12%&0(&'&"(& ;%(,0(&!"&
T"(.,%3&*4"+,1-&)'1&*4"+,'&#'1*+&)+&0('&!"';.%3&#'&2%&#'-1-&K74"*1-1%&N$(.,?$(3&#',(&)(&#'@,('F+& 5',(-(&1"%/(,)&2%&'&"(&0()7+21,'&(/.-16%'&;(&'-*(&5(-('?1,%3&)*%"?$(,%3&'-+*1,%&0(&?,1;1,%&)*,+%"(&0(&
!"&7'6'&@'-'1,1-1%8&I*1"#%&:&%"*(,/%"&#1&*.'*+&;1*(,('&-.,&);%,%*1'-+&#(%&*,(%3&;("*,1&'&)(&!"0(;-%"%& ".%8&S/.-16%'&01$1-1%&(-%5%"'*&0%"&?,1;1-&)+1&/'&7%&51-*&!"*4,F%'*+Q&?,(1&/'&7%&)7+*1%*3&-15%"'*&2%&7(,%*3&
.@-%?'6%'&#."*,'#*'*+3&#'&);%,%*(&!"&);'6%13&2%&')*7(-&)+&'%@+&-.#&#+)+*.,%'&;,.%(#*'*+8 7%%"0&1"&51)'7%,&"(0.,%*8&C(&'#(('&;(0(';)'&71-?(,+,%%&(&.&;(0(';)+&!"?,.F%*.',(3&%',&#(-&;(0(;)%*&/'&
K(&;.'*(&#'&1"1-&0%"&#(%&0.%&7'#*.,%&)+&"1:2%&,();(#*(&#."*,'#*1-&).#%'-&!"#$(%'*&!"&);'6%18&I5& 7%&1"&5',(&"(7(,%#%*&'-&1"%/(,)1-1%8
/+F1*&#'F1,%&#4"0&*,(%5%#'&7.,6+3&#1&*.'*(&)*+,1%"6(-(&)'-(3&"1&'&,(12%*&)+&#."/%"?+&;(&-.?.0"%#&)+&%'&!"&
#+)+*.,%(&;(&#('&#1&#',(&):'&-(?'*&)1)&-'&".%8&C'#+&#(%&0.%&"1&2%:'1&1"%*&(L%)*("6(-(&-.,&;+54"*(2*%3&
,+54"&"(#+)+*.,%6%3&0',&#."*,'#*1-&!"#$(%'*&!"&-15('&".')*,+&"1&):'&0()7%%"6'*3&#%&"15'%&):'&'54"'*&
;4"+&-'&/%%*.',('&,(!"*,1;',(3&#4"0&'#(('2%&;,.;.F%6%(&/'&7%&;1)+&0%"&".1&!"&'#6%1"(8&J%#%&1"&#."*,'#*& N4"0%,('
%"0%/%01'-&)'1&).#%'-&!"#$(%'*&!"&7'6'&`2,.(82,&*,(%7%#(&:&*,(%61"'/&"1&)(&5'%&;.'*(&0(F-(?'3&;("*,1&#+&
(-&;.',*+&;(#(*('A&!"&"17(8(&@;%"*(%&d,(%7%/&'&d'*+81%/&`%181%&3%&@;E"*181%&>1$9&F7%"b&a;(,'&7+#1*+&!"&
"15(-(&K7%"*(%&P,(%5%&()*(&.&a;(,+&0%/%"+3&0()+/4,2%*+&2%&0(&"(!"-+*1,'*8 9,%"&"'*1,'&)'3&);%,%*1-&*,(@1%(&)+&7%(&'#*%/8&I#*%/%*'*('&)'&()*(&0(&0.1+&7(-1,%A&(L*(,"+&2%&%"*(,"+8&
I)(5("(' & ')%)*("6( & *,(%:1"'3 & ,(;,(F("*4"0 & K74"*' &P,(%5( & ;-'"(*',+3 & ;,(F%0('F+ & '#*1- & "'2*(,%%& K;%,%*1-&(L(,#%*+&'#*%/%*'*('&(L*(,"+&')1;,'&5(0%1-1%&)+1&'5@%'"*3&%',&'#*%/%*'*('&%"*(,"+&)(&,(7(,+&
".1-1%&;,1"#8&I#(')*+&')%)*("6+&*,(%5%#'&()*(&)%5@.-%F'*+&;,%"&#(-(&*,(%&F4"(&)'1&1,)%*.',(3&0%"&*,'0%6%'& ')1;,'&#.,;1-1%:&)+18&I#15&/.%&-+51,%&'#*%/%*'*('&%"*(,"+8
H4*&/'&)*'&);%,%*1-&!"*,:1"&)%)*(5&).-',3&#.,;1,%-(&)'-(&7-1%0%#(&:&0%/%"3&#.)5%#3&1"%/(,)%#&2%&).-',&
;.;.,1-1%&/.)*,18&P.*&.&7.,6+&*,(%5%#'&)(&%")*%*1%(&2%&-'&.&)#$%5@',(&).#%'-+3&!"&)4"1-&1"1%&;.;.,8& )'1&')*,."%#&:&,+54"3&"()#$%5@'*(8&S-&!2%&/'&;+)*,'&'#()*(&$'%"(&;4"+&)(&!"*.',#(&0%"&'#()*&)%)*(5&-'&
T"(.,%&')%)*("*(-(&*,(%5%#(&%"7-1("6('F+&#$%',&#.5%*(,('&1"(%&#,%5(3&.;1"4"01:)(&)'1&!5;%"?4"0&#1& H("*,1- & #,('6%%-.,3 & !" & G'@.,'*.,8 & C',3 & *,+%"0 & ;( & . & ;-'"(*+3 & #.,;1- & )+1 & ;-'"(*', & )( & (;1%F('F+3 & )(&
;1*(,(&-'&#(('&#(&.51-&0()(5"'*&'&7%&(L(#1*.,3&):'&.@-%?'*&)+&)+/4,2(')#+8&C(&')(5("('3&-'&5.',*('& #.")15+3&)(&(-%5%"+&!"#(*1-&#1&!"#(*1-8&9("*,1&':2%&,(7'#(&2%&5("6%"(&#.,;1-&;-'"(*',3&);%,%*1-&(L(#1*+3&
1"1%&.5&*,1;()#3&!"&'7',+&0(&5()'?(,%%&0()*,1;+*.,%&')%)*+&2%&*,(%5%#'&%"/()*%*1,+3&#',(&/'&;,%5%&!"& %"/.-1"*',3&5%2#+,%&0(&0%-'*',(&2%&#."*,'#*',(&:&;1-)'6%%&')(5+"+*.',(&;-+54"%-.,&)'1&%"%5%%&.51-1%&:&
@,'6(&01$1-&0()*,1;'*3&;("*,1&':<&01#(&)1)&-'&o.,6'&);%,%*1'-+&*,(%5%#'&;(,5'"("*+8&S-(&)1"*&)7%"*(& '@).,@%"0&!"&5.0&'1*.5'*&7-1%01-&;-'"(*',&0%"&'*5.)7(,'&7-1%0%#+&'&;-'"(*(%3&!"&#'F1-&".)*,1 &;81%5&
;("*,1&".%3&;("*,1&#+&2*%5&5%)%1"('&-.,8 *(9,%'"9&I#()*&'#*&#.,();1"0(&$,+"%,%%&#1&'-%5("*(&'&*,1;1-1%&[.)*,18
C1;+&#(&);%,%*1-&):'&!"#+,#'*&;4"+&-'&)'*1,'6%(3&1,5('F+&0()#+,#',('8&C',&;(&#4"0&!"#+,#',('&#1&
7-1%0&;-'"(*',&)(&7'#(&'1*.5'*3&0()#+,#',('&)(&7'#(&/.%*8&C'#+&"1&):',&0()#+,#'3&);%,%*1-&',&0(/("%&5'%&
U.',*('&);'6%'-+ ?,(13&'*,'#6%'&;+54"*1-1%&):',&(L(,#%*'3&!"*,:.&.',(#',(&5+)1,+3&')1;,'&)'3&7%%"0&'*,')&);,(&)1;,'7'6'&
;+54"*1-1%8 & C', & #15 & )( & 7'#( & '#(')*+ & 0()#+,#',(D & C()#.;(,%5 & 2% & '%#% & 5%"1"(' & 2% & !"6(-(;#%1"('&
H,('*.,1-1%A&)4%,%*18&)(&!"#',#+&'1*27'*&3%&)(&5()#',#+&-E"5%"59
T"(.,%3&!"&*%5;1-&1"(%&71,*1"%3&)(&!"*45;-+&#'&1"&.5&)+&)*('&!"*,:.&F."+&!"#+,#'*+&;1*(,"%#&#1& K;%,%*1-&()*(&.&)#4"*(%(3&.&;',*%#1-+&%"7%"%*&0(&5%#+3&0',&.,%#4*&0(&5%#+&',&7%&:&?4"0(2*(&!"&/(2"%#%(3&
(-(#*,%#%*'*(&"(?'*%/+&*(,()*,+8&!"&'#()*&#'F3&;.'*(&)+&#'0+&*,+F"(*1-&;(&(-&2%&)+:<&1#%0+8 ()*(&.&7'@,%#+&0(&%0(%8&N4"0%"03&)#4"*(%'&(5%*(&.&7.,6+3&.&%0((&#',(&)(&(L(,#%*+&')1;,'&#.,;1-1%&)+1&
K(&2*%(&#+&01$1-&!"*,1;'*&',(&0(')1;,'&)'&0.1+&!"/(-%21,%A&#.,;1-&/%*'-&2%&*,1;1-8&H1,("*1-&(-(#*,%#& ;-'"(*',8&R0(('&0();,%"0(&.&;',*%#1-+&7-1%0%#+&0%"&#.,;1-&;-'"(*',3&!"/(-%"01:)(&#1&('&2%&%5;,%54"01:%&
7%%"0&0(.)(@%*&0(&;1*(,"%#3&0();,%"0(&%")*'"*'"(1&);%,%*1-&0(&*,1;&2%&0(&#.,;1-&/%*'-8&!"&'#(-'2%&*%5;3& .&'"15%*+&7.,5+8&I#(')*+&7.,5+&7-1%0%#+&;.,"(2*(&;,%"&);'6%13&)1@&7.,5'&1"(%&1"5(9 &q&!"2%,1%,(&0(&
0(F'?,(?+&2%&#.,;1-&)+1&;-'"(*',&!"&(-(5("*(-(&)'-(&#.5;."("*(3&#',(&)(&,%)%;()#&!"&);'6%18&c+5')& ')*7(-&0(&7.,5(&7-1%0%#(&#.")*%*1%(&.&-E"5%,(9
-%@(,&2%&0(F/(-%*&:&7+,+&#.,;&;-'"(*',&:&);%,%*1-&()*(&'*,')&0(&K.',(&#1&.&/%*(F+&"(?,+%*+8&I=1")&!"&K.',(3& I2'0',&);%,%*1-&)(&0()#',#+3&)(&0(F157-+3&(5%64"0&;2,7(6-E"51,%9>l&-'&.&/,(5(3&#.,;1-&;-'"(*',&
);%,%*1-1%&%&)(&;.*&!"*45;-'&0.1+&-1#,1,%A&<8&()*(&*,%5%)&!"*,:1"&'-*&)%)*(5&).-',3&1"0(&/'&7%&,(;',*%F'*&;(& ):'&5%#2.,'*3&2%&;,%"&.&".1+&;1-)'6%(3&'@).',@(&.&".1+&#'"*%*'*(&0(&7-1%0&2%&'2'&*.*&5(,(18&I)*7(-&)(&
.&;-'"(*+&#.,();1"F+*.',(&#'&(/.-16%(&9+54"*1-1%Q&V8&()*(&!5@,+#'*&0%"&".1&#1&.&$'%"+&;-'"(*',+&2%& ;(*,(#&-1#,1,%-(&#1&);%,%*(-(&0(&;(&9+54"*&)'1&'-*(&;-'"(*(8
,(*,%5%)&;(&9+54"*3&01;+&1"&);'6%1&0(&5%%&2%&F(#%&0(&5%%&0(&'"%8 C',&("*%*+6%-(&'7-'*(&!"&K.',(&"1&5'%&'1&#.,;&;-'"(*',8&S-(&#15&?4"0()#D&S-(&?4"0()#&#'&.,%#(&
9(&;+54"*3&#4"0&1"&.5&2%:'&;+,+)%*&*,1;1-3&-15('&*,1;(')#+&!"#."=1,+*.',(&#.")%0(,+&#+&'&51,%*3& )#4"*(%(&?4"0%*.',(3&"15'%&#+&7.,5(-(:?4"01,%&!"&-.#&0(&7-1%0&;-'"(*',3&/.,&7%&!5@,+#'*(&#1&7-1%0&
#+&):'&;%(,01*&;("*,1&.5("%,(8&!"&5.0&')(5+"+*.,&)(&;(*,(#&-1#,1,%-(&2%&!"&-15('&.'5("%-.,&);'6%'-%8 ).-',3&5'*(,%'&#.,;1-1%&-.,&).-',8&9,%"&1,5',(3&?4"0%,('&("*%*+6%-.,&).-',(&)(&;,.01#(&!"&5.0&%0("*%#&
C(F@,+#',('&@,1)#+&'&#.,;1-1%&;-'"(*',&2%&;-(#',('&);%,%*1-1%&0(&;(&;-'"(*'&".')*,+&(&#.")%0(,'*+& #1&'&#(-.,&;-'"(*',(3&0',&0%7(,+&5'*(,%'&7-1%0%#+&!"/(-%*.',(&'&7.,5(%&-.,3&;,(#15&2%&/'-.',('&1"0(%
.&5.',*(&#(,(')#+8&>*%5&#1&*.6%%&#+&(-&":'&51,%*3&0',&'&;-(#'*&0%"*,(&);%,%*(-(&9+54"*1-1%3&"1&5'%&7'#(
VVV >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"&?(,
,,*

/%@,'*.,%%8&R'*+&;("*,1&#(&"15'%&("*%*+6%-(&).-',(&;.*&;,%"0(&2%&0()#%7,'&?4"0%,('&("*%*+6%-.,&).-',(8&R"& !"#."=1,+*.',(&2%&-(?%-(&01;+&#',(&('&!2%&0()7+2.',+&/%'6'8&SL%)*+&2%&!"&F."'&'-@')*,+&*,(%&#'*(?.,%%&0(&
7%"(3&5',%-(&G15%"%&0%"&K7(,'&1,%'2+&'&G'@.,'*.,1-1%&#,('*.,&:&0(&-'&#(-&5'%&5%#&;4"+&-'&#(%&0%"&/4,71-& 01$1,%3&0(.)(@%*(&01;+&?,'01-&-.,&0(&!"6(-(?(,(3&0',&#1&*.'*(&(L(#1*+&#(('&#(&-%&)(&0%#*('F+&)+&7'#+&
;%,'5%0(%&:&"('/4"0&1"&#.,;&;-'"(*',&)'1&).-',3&?4"0%,('&-.,&/'&7%&'-#+*1%*+&0%"&7-1%0&0%/%"3&S-(&7%%"0& ')1;,'&01$1,%-.,&-%@(,(&)'1&!"*,1;'*(&0%"&F."'&'&R-R:'8&H'&.'5("%&*,1;(2*%&/.,&'/('&.&.',(#',(&#1-*1,+&
!"/(-%*(&"15'%&#1&7-1%0&0%/%"8 2%&/.,&.#1;'&)%*1'6%%&).#%'-(3&#',(&-(&/.,&0'&;.)%@%-%*'*('&)+&)(,/(')#+&0(&(L(#1*'"6%&'%&.,0%"(-.,&0'*(&
0(&5'%:5',%%&-.,8&I2'&0(&(L(5;-13&*.'*(&71"#6%%-(&0(&)*'*&:&='"0',5(,%'3&;.-%6%'3Z&5'?%)*,'*1,'&(*#3&#',(&
'1&)',#%"'&0(&'&;1"(&!"&(L(#16%(&.&0%);.F%6%(&.',(#',(3&)*'@%-%*+&0(&-(?%&)'1&.,0."'"6(&5%"%)*(,%'-(Z&/.,&7%&
.#1;'*(&0(&01$1,%-(&0%"&F."'&'&RR:'8
a#1;'6%%-(&01$1,%-.,&!"*,1;'*( R"&7%"(3&F."'&'&R:'3&)1;(,%.',+3&'-@+3&#1;,%"0(&*.'*(&01$1,%-(&'-@(&(/.-1'*(&!"&/('#1,%-(&!"0(;+,'*(&
;(&'-*(&;-'"(*(&2%&/("%*(&'%#%&;("*,1&'&7'#(&.&".1+&2#.'-+3&-1#,4"0&-'&.@6%"(,('&?,'01-1%&0(&!"?(,&
;-'"(*',8&C1$1,%-(&'-@(&'1&.&5',(&%"*(-(#*1'-%*'*(3&.&;1*(,"%#+&7.,6+&5.,'-+&2%&#1".2*%"6(&/')*(&'-(&
K7(,'&#(&#1;,%"0(&5%-%',0(-(&0(&#.,;1,%&#(,(2*%&;.'*(&7%&#.5;','*+&#1&1"&1,%'2&#(').,"%#3&#',(&)(& -(?%-.,&2%&7(".5("(-.,&0()7+21,'*(&!"&1"%/(,)8&C1$1,%-(&'-@(&)1"*&Z2%&(-(&0(&*,(%&#'*(?.,%%8
5%2#+ & .,0."'*3 & %"0%#4"0 & .,(-(3 & 5%"1*(-( & 2% & )(#1"0(-(8 & a,(-( & -1% & %"0%#+ & !"0(;-%"%,(' & 5',%-.,& K7(,'&'&X:'3&#('&5'%&0(&=.)&'&F."(%&'&R:'3&()*(&-.#1%*+&0(&7,15.')(-(&01$1,%&'-@(3&#',(&;.',*+&
(/("%5("*(&#.)5%#(8&U%"1*(-(&0(*(,5%"+3&,4"0&;(&,4"03&(/("%5("*(-(&0()7+21,'*(&;(&0%7(,%*(&)%)*(5(& "15(-(&2%&,'"?1-&0( &4,(2*9 &T"(-(&0%"&'#()*(&01$1,%&)(&$.*+,+)#&!"#+&0(&)1)&)+&)-1=(')#+&'-*',1-1%8&
).-',(8&K(#1"0(-(&%"0%#+&(/("%5("*(-(&#(&)(&0()7+2.',+&;(&7%(#',(&;-'"(*+3&0%"&)1*(-(&0(&5%-%',0(&0(& H.@.,4*&!"&-1*3&#4*(.0'*+3&1%*+&)+&!5@,+6%2(F(&#',%(,'&#+,(%'&%&):'&.7(,%*&)1)8&I-*(.,%&0(/%"(&=.)&;,(.*&
;-'"(*(&,%)%;%*(&;,%"&#.)5.)8&a,(-(&';',6%"&P'*+-1%3&5%"1*(-(&';',6%"&#."01#(,%%&o%%-.,3&%',&)(#1"0(-(& *(,()*,13&0',&0%"&#'1F'&!"*1"(,%#1-1%&!"&#',(&(&!"/+-1%*3&#.")%0(,+&5%)%1"('&)'&#'&.&;,.7()%(3&0(#%&1"&
/.,&7%&6%"1*(&!"&)('5+&0(&K7%"*(-(&C1$1,%3&#."01#+*.,%%&;-'"(*(-.,8 5%=-.#&0(&'&'01"'&@1"1,%&;+54"*(2*%8
C1;+&#15&/.%&2*%6%&#+&01;+&'*4*('&)(#1"0(&#(')1-&/'&',+*'&'*4*('&5%"1*(&2%&#+&01;+&*,(#(,('&'*4*.,& C1$1,%-(&0%"&)7(,'&'&V:'&'&F."(%&'&R:'3&)1"*&',$%(,(%% &H(,1-1%3&5',%% &G15(#+*2,% &#(,(2*%8&!"&7%"(3&
5%"1*(&/'&7%&.,'&#1*',(3&*.*&')*7(-&2%&".%3&01$1,%-(&)1;(,%.',(3&#1".)#4"0&*,(#1*1-&9+54"*1-1%&2%&5'%& 01$1,%-(&0%"&)7(,'&'&<:'&'&F."(%&'&R:'&)1"*&#(%&5'%&(/.-1'6%&.'5("%&'%&H(,1,%-.,8&S-(&)1"* &);%".%%&
'-() & ,(?1-%-( & 01;+ & #',( & )( & 0()7+2.',+ & 0%7(,%*(-( & 7'F( & );%,%*1'-( & '-( & -15%-., & ".')*,( & 2% & ' & *1*1,.,& 9+54"*1-1%3&/%%*.,%%&#'"0%0'6%& -'&,'"?1-&0(&!"?(,3&01;+&#(&/.,&7'#(&2#.'-'& /%(6%%&15'"(&;(& *.'*(&
;,(7'#(,%-.,&5'*(,%%-.,&;+54"*1-1%3&;1*(5&0(01#(&#(&)(&/'&!"*45;-'&-'&.&'"15%*+&/,(5(8&I2'0',&".%& *,(;*(-(&0(&;-'"(*(8
;1*(5&#1".'2*(3&!"&-%"%%&5',%3&(/("%5("*(-(&/%%*.',(8&9("*,1&".%&/%%*.,1-&()*(&.&#1".)#1*+&5'*(5'*%#+3& C1$1,%-(&0%"&;-'"1-&#(-&5'%&0(&=.)3&F."'&'&R-R:'3&!"*,1;'*(&)'1&"13&#.")*%*1%(&5'*(,%'-1-&);%,%*1'-&
%',&;("*,1&/.%&(-&()*(&.&"(#1".)#1*+&'-?(@,%#+8 0(&)*10%1&'-&!"?(,%-.,8&C1$1,%-(&0%"&F."'&'&RR:'3&'-@')*,+3&#.")*%*1%(&(L(#1*%/1-&;-'"1,%-.,&'"?(-%#(3&%',&
C%"&#(-(&(L;1)(3&)(&!"6(-(?(&#+&"(#1".)#4"0&/')*1-&*,(#1*&'-&.5("%,%%&)'1&'-&/.)*,1&;(,)."'-3&"1& #(-(&0%"&F."'&'&R:'3&'-@+3&)1"*&';+,+*.,%%&.5("%,%%&*,1;(2*%3&.;1"+*.,%%&/.%"6(-.,&!"?(,(2*%3&#+1*4"03&0%"&
#1".'2*(6%&0(#4*&5%#1-&/.)*,1&;,(F("*8&C(&')(5("('3&/.%&"1&2*%6%&01;+&#(&".,5(&)(&0()7+2.',+&/%'6'&;(& 5%-+3&)+&5'%&'54"(&01,(,%-(&.5("%,%%3&;,./.#'*(&0(&,+F@.'%(3&5%2#+,%&).#%'-(&(*#8&I2'0',&"%#%&.&
)7(,'&/.')*,+8&J('/4"0&"%#%&1"&;1"#*&0(&.,%("*',(3&"1&2*%6%&"%5%#&0();,(&/%%*.,8&C'#+&".%3&;,'7&;%(,01*& (L;(,%("6+ & "1 & ;.'*( & 7% & 7+#1*+ & 0%,(#* & 0( & !"?(,% & ')1;,' & .'5("%-., & 0( & ;( & ;+54"* & 2% & 0%" & H(,3 & 7+,+&
!"&%"7%"%*3&"(&;1*(5&.,%("*'3&#4*&0(&#4*3&!"&0%%*2,18&#',(&0%"(/&/+&!"#$%;1%6%&#(&#1".'2*(,(&/')*+&'&'#()*1%& #.")%56+54"*1-&2%&=10(#'*'&-15%%&'-@(&'&9+54"*1-1%8&R'*+&5',('&".')*,+&,(;1@-%#+&#(,(')#+8
4,(M("*&0%%*2,&.&'1&5',%-(&K7%"*(&C1$1,%8&C',&#4*&0(&#-',&()*(&;("*,1&o%%%&0(&C15"(F(13&2%&5'%&;,()1)& I;-%#'*.,%%& "(!"01;-(#'6%& '%& (/.-16%(%&9+54"*1-1%&)1"*& !"?(,%%8&S%&-1#,('F+& !"&"15(-(&P'*+-1%&
0(&*.6%3&;("*,1&P'*+-&#(,()#M&9("*,1&S-3&*,(#1*1-&2%&/%%*.,1-&,(;,(F%"*+&1"&;,(F("*&!"&!"*,(?%5('&-1%8&S-& )1;,(53&#',(&-(:'&0'*&'#(')*+&5%)%1"(8&!"?(,%%&;,%/()#&#(')1-&(/.-16%(%&?-.@1-1%&2%&'&*.*&#(&()*(&;(&(-3&
/(0(&#';+*1-&!"#(;1*1-1%&2%&#';+*1-&)74,2%*1-1%3&0'#+&)(&;.'*(&/.,@%&')*7(-8 2%&-'&.,'3&5%"1*1-&2%&)(#1"0'&$.*+,4*+3&0(*(,5%"+&'"15%*(&(/("%5("*(3&#1&)#.;1-&0(:'&!5;%"?(&*.U&
!"'%"*(3&);,(&;(,7(#6%1"(8
R"&!"#$(%(,('&'#()*(%&;,(-(?(,%&*,(@1%(&)+:6%&);1"&#+&!"&7,1"*('&,(;1@-%#%%&".')*,(&#(,(2*%&)(&'7-+&#(%&
G15('&/.')*,+&*,1;(')#+&'&7.)*&#,('*+&#'&.&#.;%(&7%0(-+&'&-15%%&".')*,(&);%,%*1'-(8 *,(%&N1/(,"'*.,%&;-'"(*',%3&I&`I-7'b & 2% &g9 &`a5(?'b&;-'"(*(%& 9+54"*8&S%&"1 &-1#,('F+&"%5%#3& 0.',&
!"&-15('&".')*,+3&#(%&0(&)1)&?4"0()#&-'&5(*.0(-(&#(-(&5'%&7(,%#%*(3&;("*,1&#'&.5("%,('&0(&=.)&)+: 0.5"()#8&K1@&(%&)(&'7-+&5',('&#('*+&'&!"?(,%-.,3&/(?$(*.,%%&2%&';-%#'*.,%%&)(/(,%&'%&*,(;*(-.,&(/.-16%."%)*(8&
2%&0()7+2.',(&/%'6'&#4*&5'%&',5."%.)&2%&)+&;',#1,?+&#4*&5'%&,(;(0(&0,151-&);,(&;(,7(#6%1"(3&0(#%&);,(& K1@&!"?(,%&1,5('F+&5%-%',0(-(&"()74,2%*(&0(&01$1,%:.'5("%3&!5;+,6%6%&!"&*,(%&F."(8&W."'&%"7(,%.',+3&
,.2%(3 & #1;,%"0( & ,.@%% & ;+54"*1-1%8 & H(% & 0%" & F."' & ' & RR:'3 & '-@')*,+3Z & (L(#1*+ & .,0%"(-( & ;,%5%*( & 0( & -'&
7(,%#%,(8&H(%&0(Z-'&5%=-.#&;,%5()#&.,0%"(-(&2%&/.,&#+1*'&)+&-(&(L(#1*(8&S%&)1"*&.,?'"(-(&(L(#1*%/(&'-(& 01$1,%-(&'-@(3&#."01#+*.,%%&.5("%,%%&9+54"*1-1%3&'7-'6%&!"&F."'&'&R:'3&'-@+8
#(-.,&#(&'1&.,0."'*8&!"&7%"(3&#(%&0(&=.)3&)1"*&51"#%*.,%%&0%"&H(,&2%&0(&;(&;+54"*8&S%&;1"&!"&-1#,',(&#(('& C%"&H(,1,%-(&-.,&!"?(,%%&*,'")5%*&1"0'&?4"0%,%%&-.,8&C%/%"%%&.'5("%&%'1&".*+&2%3&#$(54"0&(L(#1*%/1-3&
#(&):'&?4"0%*&2%&$.*+,4*&)1)3&0(&#(%&5',%8 -(&0'1&.,0%"(8&SL(#1*.,%%&0%"&F."'&'&RR:'&#$('5+&0(-(?'6%%&-1#,+*.,%-.,&0%"&F."'&'&R-R:'3&;("*,1&'&-(&
I2'0',&-15('&".')*,+&()*(&!5;+,6%*+&!"&*,(%&5',%&#'*(?.,%%A&<8&-E"5%*2,%%&:&#1&)(0%1-&!"&F."'&'&R:'3& 7'#(&#1".)#1*+&.&'"15%*+&-1#,',(3&2%&')*7(-&,.'*'&5(,?(&5(,(1&5'%&0(;',*(8
'-@+Q&V9&(L(#1*2,%%&:&-.#1%*.,%%&F."(%&'&R%:'3&'-@')*,+Q&X8&71"#%*2,%%&h&'7-'6%&!"&F."'&'&R-R:'3&,.2%(3&-'& C1$1,%-(&15'"(&'7-'*(&!"&#(-(&*,(%&F."(&7-1%0%#(&'&R:'3&'&RR:'&2%&'&RRR:'&:&"1&'1&%"%6%'*%/'&#."01#(,%%&
)1;,'7'6'&;+54"*1-1%8&o%(#',(&0%"&'#()*(&F."(&)(&!5;',*&!"&*,(%&)1@F."(&)'1&)7(,(&7-1%0%#(8 0%"&;1"#*&0(&/(0(,(&'-&(/.-16%(%&*(,()*,(8&J.%3&'-@%%3&"1&;1*(5&0(#4*&)+&'##(;*+5&.,%&)+&"(&.;1"(53&
G15('&".')*,+&()*(&.,?'"%F'*+&')*7(-8&!"&)1@F."'&%5(0%'*+&0(&-'&)1;,'7'6'&;+54"*1-1%3&'0%#+&!"& ;("*,1&5.5("*3&$.*+,4,%%&!"?(,%-.,3&#(,4"0&.&'54"',(8&J1&;1*(5&0()7%%"6'&.,0%"(-(&0(&(/.-16%(3&;(&
)7(,'&'&X:'&0%"&F."'&'&R-R:'3&,.2%(3&-.#1%()#&01$1,%-(&#1&(/.-16%'&#('&5'%&5.0()*+&'&9+54"*1-1%8&K'&"1& #',(&"15'%&!"?(,%%&'1&0,(;*1-&0(&'&-(&7'#(&#1".)#1*(8
#,(0(6%&#+&(-(&)1"*&)*1;%0(3&)'1&)+&"1&-(&#."71"0'6%&#1&)+-@'*%#%%&;+54"*1-1%8&U1-*(&0%"*,(&(-(&'1&.& 9(&)#1,*3&-15('&'-@+&0%"&F."'&'&R:'&7.,5('F+&1"&7(-&0(&4',8'7("*&#(,()#8&G15('&!"?(,%-.,&',&7%&
=10(#'*+ & 7,15.')+ & : & ( & 0,(;*3 & #1 & .,%F."*1,% & 5+,?%"%*(I& 0', & 0()*1- & 0( & ;+*,1"F+*.',(83 &I2'0', & '1 & .& 7%"%3*,% &H(,1-1%3&%',&#(%&*,(%&N1/(,"'*.,%&;-'"(*',%3&I&`I-7'b&2%&Å&`a5(?'b&;-'"(*(%&9+54"*3&', &7%&
.',(#',(&%"*(-%?("6+&2%&#$%',&.&5%#+&0.F+&0(&)%56&5.,'-8&R"*,1;4"01:)(8/.,&7%&51"#%*.,%%&;+54"*1-1%3& )10(,'"%% &9+54"*1-1%3&#',(&,'*%7%#+&;,.;1"(,%-(&!"?(,%-.,&;-'"(*',%3&';,.@'*(&0(&.'5("%%&0%/%"%8&C',&
.'5("%&5.0(2*%3&"(#+=%6%3&"(2*%1*.,%3&0',&#1&1"&@1":)%56&#(:%&.,%("*('F+&!"&/%'6'&-.,&)%5;-+8 !"?(,%%&;-'"(*',%&)(&#."01#&!"&;,.;1"(,%-(&-.,&01;+&.,0%"(-(&).)%*(&0(&-'&H("*,1-&0%/%"&;,%"&o%1-3&
!"&)7(,'&'&V:'&0%"&F."'&'&RRR:'3&*,+%()#&01$1,%-(&#(/'&5'%&,%0%#'*(&;(&)#','&(/.-16%(%8&H4"0&#.@.',+& ,(;,(F("*'"*1-&P'*+-1%&!"&)%)*(51-&".)*,18&9,.;1"(,%-(&!"?(,%-.,&;-'"(*',%3&';,.@'*(&0(&7.,1-&-15%%&'-@(&
-'&/%'6'&*,1;(')#+&-1#,('F+&0.',&!"&#."*1-&-.,3&0',&/.,&#."*,'#*'&.&'-%'"6+&2%&/.,&!"=?$(@'&')*7(-&.& 2%&,'*%7%#'*(&0(&K1/(,'"%%&9+54"*1-1%3&)(&;1"&!"&-1#,1&0(&-15('&#(-.,&51-6%&0(&;(&;+54"*&2%&H(,3&;,%"&
7'5%-%(8&P.*1-&()*(&;("*,1&(-&2%&'%&-1%3&"%5%#&;("*,1&,()*1-&.5("%,%%8&I#()*(&01$1,%&/.,&7%&'?,%#1-*.,%3& 7.,6'&(L(#1*%/+&'&F."(%&'&RR:'8
5()(,%'2%3&#.5(,#%'"6%3&0(#%&/.,&'/('&.#1;'6%%&;(,)."'-(8
!"&)7(,'&'&<:'&0%"&F."'&'&RRR:'3Z&-.#1%()#&);%,%*(-(&#1&(L;(,%("6'&/%(6%%&5'%&,%0%#'*+8&R"*(-(#*1'-%*'*('&
-.,&()*(&#(/'&5'%&'##("*1'*+3&1"(-(&0%"*,(&(-(&'1&#$%',&1"&7."0&0()*1-&0(&5',(&0(&5.,'-%*'*(8&H4"0&)(&
/.,&,(!"*,1;'3&/.,&.#1;'&71"#6%%&;1@-%#(3&'/4"0&;.)%@%-%*'*('&0(&'&7'#(&@%"(&51-6%5%%&'"."%5(8
P,(#(5&'#15&-'&F."'&'&RR:'3Z&'-@')*,+8&C%5(")%1"('&01$1,%-.,&'-@')*,(&()*(&5'%&5%#+&0(#4*&'& H,(',('&01$1-1%
01$1,%-.,&,.2%%8&C1$1,%-(&,.2%%&)1"*&#.-.2%%&H(,1-1%3&;1*4"0&-1#,'&#1&.&5',(&7.,6+&')1;,'&5'*(,%(%&
7%F%#(8&C%"&'#(')*+&#'1F+3&(-(&)1"*&;(,%#1-.')(&2%&1"(.,%&0(/%"&'"',$%2*%%&-15%%&".')*,(&2%3&#4"0&)1"*& I&7.)*&.0'*+3&!"&/(2"%#%'&!"0(;+,*'*+3&#4"0&"1&(L%)*'&"%#%&1"&#.,;&#(,()#&!"&);'6%18&C(&'*1"#%3&
.'5("%&*,1;(2*%&)(&@%F1%(&;(&7.,6'&-.,&7%F%#+8&!"&?("(,'-3&%"*(-(#*1'-%*'*('&01$1,%-.,&'-@')*,(&()*(&5'%& o%%"6'&;,%5+3&H'1F'&;,%5+3&'&#,('*&,4"0&;(&,4"0&#.,;1,%&#(,(2*%8&G'&!"#(;1*&(-(&'1&7.)*&5%#%&2%&)%5;-(3&
,%0%#'*+&2%&'1&1"&7."0&5.,'-&5'%Z,.@1)*8&P.*12%3&?,'01-&-.,&(/.-1*%/&"1&-(&;(,'%%*(&)+&/'0+&#-',&-15(' 0',&;(&5+)1,+&#(&):'1&!"2%,'*&5%-%.'"(&2%&5%-%',0(&0(&'"%&;+54"*(2*%3&H,('*.,1-&'&7+#1*&'-*(-(3&0%"
VVX ?271"%#+,%&5%" & VVY
>%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&:&F&521'&#',*(
?(,

#(&!"&#(&5'%&5',%3&5'%&"15(,.')(&2%&5'%&;(,7(#6%."'*(8&P'*+-&#(,()#&#.")*,1%(2*(&2%&'#153&5(,(13& ;("*,1&':6%&0()7+21,'&*,'%1-&!"&-15('&*,1;(')#+8&C%"*,:.&"(#()%*'*(&7%F%.-.?%#+3&;+,%"6%%&*+%&'1&!"-()"%*&
0.,%"0&)+&15;-(&%"7%"%*1-&#1&)7(,(&;-1*%*.',(&!"&);'6%13&#'&)+&7%(&*.*&'*4*('&2#.-%&2%&#'*(?.,%%&0(&2#.-%3& #,(',('&'#()*1%&*,1;3&-1#,',(&-'&#',(&'%&#."*,%@1%*&2%&*18&!"&7,1"*('&*1*1,.,&"(#()%*+6%-.,&7%F%.-.?%#(&
;("*,1&#.;%%%&K+%3&01$1,%&0(&*.'*(&#'*(?.,%%-(8 ;,(F%0('F+&o%%"6'&)1;,(5+3&P'*+-3&N1/(,"'*.,1-&-15%-.,8&a,%#(&'#6%1"(&()*(&.&a;(,+&0%/%"+&0%#*'*+&0(&
I#15&".%&)1"*(5&(-(/%%&'#()*.,&#.,;1,%&#(,(2*%8&[.%3&.'5("%%&*,1;(2*%3&/+&5%2#'6%&"();1)&0(&!"#(*& [.%"6' & ;1*(,"%#+ & ' & P'*+-1%8 & a & "(#()%*'*( & "( & !"0('5"+ & ;( & ".%3 & 01$1,%-(3 & )+ & !"*,(6%"(5 & #.,;1,%-(&
2%&;(&.&',%(&7.',*(&,()*,4")+&;(&?-.@1-&".)*,18&H1&".1-&%")*,15("*&0(&-.#.5.6%(3&'/%."1-3&'6%&'=1")&)+& ".')*,(8&P.*&.&"(#()%*'*(&!"0('5"+&;(&H,('*.,&)+&#,((F(&!"&/(2"%#%(3&;("*,1&#+&"1&;.'*(&,(F%)*'&"'*1,%%&
/+&5%2#'6%&#(/'&5'%&,(;(0(&2%&;(&.&!"*%"0(,(&5'%&5',(3&0',&5%2#',('&".')*,+&()*(&"(')(51%*+&#1&'& K'-(&#,('*.',(8&S-&)(&$,+"(2*(&!"&K7(,'&0%/%"+3&#1&/%'6+&2%&0+&"'2*(,(&-'&/%'6+8
/.')*,+3&7%%"0&51-*&5'%&,';%0+&2%&5'%&-',?+8&H1&*.'*(&'#()*('3&"1&;1*(5&$.%"+,%&;,%"&);'6%%-(&%"7%"%*(3& C1;+&#(&P'*+-&"(:'&"+)#1*3&'5&7.)*&-1'6%&0(&#1,("6%%&;1*(,"%#%&'%&.#('"1-1%&7-1%0%#3&.#('"1-&0(&';+&
0%"*,(&;-'"(*(&2%&).,%3&"1&"(&;1*(5&;%(,0(&/,(5('&#+-+*.,%"03&;("*,1&#+&/($%#.-1-&);%,%*1-1%3&#.,;1-& /%(3&2%&;-%5@'6%&!"&K7(,':G'@.,'*.,8&9,%"&'#()*(&5%2#+,%3&'5&/("%*&!"&#."*'#*&#1&'"15%*(&5',%&o.,6(&
7-1%0%#&#1&#',(&'5&7.)*&!5@,+#'6%&#4"0&'5&/("%*&;(&9+54"*3&"(&.;,(2*(&)+&;+,+)%5&;-'"(*'&'#(')*'3& );%,%*1'-(3&;(&#',(&)+&-(&"15%5&0(.#'50'*+ &:17%"+*2,%9 &I#(2*%&5',%&H,('*.,%&'1&2%&S%3&#'&2%&o%%"6'&
;4"+&#4"0&/.5&*(,5%"'&2#.'-'&(%8 ;,%5+3&"(#()%*+6%-(&G.,3&#',(&-(:'1&0%#*'*&)+&"(&%"?(,(F(&!"&#.,;1-&G.,8&I;.%3&'5&7.)*&%',+2%&(5%2%8&C%"&
P.'*(&#.,;1,%-(&5(-(&)1"*&%")*,15("*(&'-(&7%%"6(%&5(-(&,('-(&: &)#E"*(%'&5%0%"+/ &;,%"#%;%1-&5(1&0(& '#()* & 5.5("* & -%#+,(2*( & #."2*%%"6' & !" & ".% & 2% & !"#(;(5 & )+ & "( & !"6(-(?(5 & 7%%"6' & !" & ,';.,* & #1 & 5(0%1-&
/%'6+8&9( &#4"0&#.,;1-&5(1 &(L*(,%.,3&#.,;1-&;-'"(*',3& 5+&)%-(2*(&)+:5%&-%5%*(F&',%'&0(&5%2#',(&2%& '5@%'"*8&I*1"#%&'5&!"#(;1*&)+&"(&5%2#+5&!"&*.'*(&0%,(#6%%-(3&01;+&/.%"6'&".')*,+8&C%"*,:.&)%"?1,+&
'#*%/%*'*(3&S1-&)1;,(53&;,%"#%;%1-&5(1&0(&/%'6+3&',(&;.)%@%-%*'*('&)+&)*,+@'*+&%"7%"%*1-&!"&-1"?&2%&-'*8& ;',*%#1-+:/%'6+3&#(&(,'5&.0'*+3&'5&0(/("%*&.&#.-(#*%/%*'*(&1"%*',+&2%3&0%"&%"#."2*%("6%&'5&0(/("%*&7%%"6(&
H4"0&F%#&R1/&F%#&/%'6+3&'2'0',&(1&)1"*&/%'6+3&0(.',(#(&#1?(*&2%&(L%)*8&I*,%@1*1-&S1-1%3&'-&/%(6%%&5(-(3& #."2*%("*(8&C1;+&#(&"(:'&(5%)3&'#(')*+&5',(&o.,6+&"(:'&!"/+6'*&)+&"(&!5@,+#+5Z&#1&.&$'%"+&7-1%0%#+8&
()*(&#2"3*%%".'9&a0'*+3&-'&!"#(;1*1-&(L%)*("6(%&5(-(3&/%'6'&5('&;,%5+&'&7.)*&.&0%'.+&"(0%'.+9&I*1"#%& C%"&?.%&#15&(,'53&"(:'5&'#.;(,%*8&C%"&I0'5Z2%&S/'&?.%Z"(:'5&'#.;(,%*&;,%5(-(&".')*,(&#.,;1,%8&C(&
(L%)*'53&0',&"1&5+&;1*('5&5%2#'8&S,'5&.&1"%*'*(&"15%*+&R16)1"*/&'0%#+&;,."15(-(&-(?'*&0(&/(,@8& '#15&!"'%"*(3&0%"*,:.&;',*%#1-+&0(&/%'6+&;')%/+&'5&0(/("%*&.&1"%*'*(&#1&/%'6+&#."2*%("*+&2%&;-%"+&0(&
I2'&'5&7.)*3&#'&;,%5+&7.,5+&0(&/%'6+3&)1@&)*',('&0(&R16)1"*&)'1&0%'.+&;+,+&7%3#',(/&/%'6+&#',(&(L%)*'3& /.%"6+&2%&'#*%/%*'*(8
0',&"1&)(&;1*('&.,%("*'&!"&*%5;&2%&);'6%18&S,'5&.&;',*%#1-+&%"7%"%*+3&.&5%#+&)#4"*(%(&#1&/%'6+3&0',&7+,+& !" & ,(F15'*3 & *,(#1*1- & ".)*,1 & ()*( & 1,5+*.,1-A & -' & !"#(;1* & '5 & 7.)* & . & ;',*%#1-+ & 5%#+3 & ;')%/+ & 2%&
5%2#',(8&J%#%&.&0(.)(@%,(&"1&(,'&!"*,(&5%"(&2%&S-3&H'1F'&;,%5+&'&*1*1,.,&#,('6%%-.,8&H'&)1@)*'"6+&(,'5& %"#."2*%("*+&0(&#(('&#(&(L%)*+&!"&=1,1-&".)*,18&C1;+&'#(('3&'5&7.)*&').#%'6%&#1&'-*(&0.1+&)1,.,%3&
-'&7(-&#1&H,('*.,1-&5(188 7.,54"0&1"&?-.5(,1-&0(&/%'6+3&.&)74"*+&*,(%5(&1"%*',+&2%&#."2*%("*+8&I)*7(-&;,(?+*%6%3&'5&7.)*&B%F?."%6%E&
9(&'*1"#%3&(,'5&1"'&#1&P'*+-&5(1&2%&"(&#1".2*('5&)1@&1"'&2%&'#(('2%&7.,5+8&I0(/+,1-&'#()*'&<:'& 0%"&c'%1-&P'*+-1%3&!"&-15%-(&#,('*(3&;("*,1&'&!"#(;(&:&;("*,1&;,%5'&.',+&:&(/.-16%'&0(&2#.-',%&'%&/%(6%%&
);1)&2%&R)1)1-&".)*,13&0',&#%"(&G:'&!"6(-()D&S-&'&);1)&1"&5',(&'0(/+,3&#+#%&;,%51-&7'#*.,&!"&-15(&2%& 0(&;,(*1*%0("%8
0%"&(*(,"%*'*(&()*( &4',*%#18'60%'.+ &2%&('&()*(&(?'-+&#1&)1,.,%-(&(%&2%&()*(&1"'&#1&P'*+-8&U%#16'&5('&
)#4"*(%(3&#.,;1-&5(1&;-%"&0(&/%'6+3&;,%"#%;%1-&5(13&()*(&(?'-&#1&'-&o%%"6(%&)1;,(5(&0%"&K7(,':G'@.,'*.,3&
2%&#1&'-&*1*1,.,&)#4"*(%-.,&0%/%"(&0%"&)7(,'&#1&5%-%',0(&0(&#,('6%%8&J1&(L%)*+&"%#%&.&0(.)(@%,(&!"*,(&
)1@)*'"6'&)#4"*(%%&5(-(&2%&#('&'&P'*+-1%&5(18&H.5;.F%6%'&5%#%%&5(-(&)#4"*(%&2%&5.01-&(%&0(&71"#6%."',(& c.-1-&0,(;*'21-1%3&)*4"?'21-1%&2%&'-&#(-1%:0(:#,(2*(*
()*(&%0("*%#+&#1&)#4"*(%'&P'*+-1%&#(,()#&2%&'&%"7%"%*(-.,&)#4"*(%&0%"&%"7%"%*8&K#4"*(%%&".')*,(&%&)(&F%#(&
5%0%"+/&;("*,1&#+&(&-'&7(-&#1&K#4"*(%'&C%/%"1-1%&#',(&'&!"#(;1*&#,('6%'&#(-.,&/+F1*(&2%&"(/+F1*(8 a51- & *,1;()# & #',( & ;,%5(2*( & #1".2*%"6( & 5'% & -',?% & ,(7(,%*.',( & -' & -15(' & ".')*,+ & ()*( & 1" &%"%.%'*9&
R"%6%'-3&(1&2%&*.'*(&)#4"*(%-(&'5&7.)*&)%5;-(&/%(6%&"(5%2#'*(8&I;.%3&(13&)#4"*(%'&;,%5+&'5&0.@4"0%*&.&'& I0(/+,1,%-(&#(,(2*%&)(&0'1&;.*,%/%*&?,'01-1%&0(&(/.-16%(&'-&);%,%*1-1%8&R'*+&1"&(L(5;-18&P,(%&;(,).'"(&:&
0.1'&1"%*'*(3&1"&'-&0.%-('&#.,;3&#',(&5%:'&%5;,%5'*&.&5%2#',(3&'&0(2*(;*'*&!"&5%"(&.&/.%"6+8&C'#+& F/&B/&2%&?&:&#1&0,'?.)*(&!"&)*10%%-(&-.,3&1,5+,()#&/%'6'&0%"&1"%/(,)8&F&"(&!"*,('@+&0();,(&.&;,.@-(5+&
;,%"&;,%5'&)#4"*(%(&(,'5&(?'-&#1&P'*+-3&'#153&;,%"&#(-&0(:'-&0.%-('&7'#*.,3&"1&5'%&(,'5&(?'-8&R"%6%'-& .',(#',(&'&-15%%&".')*,(8&I/4"0&!"&/(0(,(&?,'01-&)+1Z(/.-1*%/&2%&0,'?.)*('&0(&'&)(&%")*,1%&);%,%*1'-3&!%&
(,'5&1"&)%"?1-',3&.&1"%*'*(3&0',&;.)(0'5&!"&5%"(&%5;1-)1-&0(&'&0(/("%&.&#.-(#*%/%*'*(8&G'&!"#(;1*& );1"(5&.&)(,%(&0(&#1".2*%"6(&,(-'*%/&-'&'#('&;,.@-(5+8&I#15&B&:&)1;(,%.,&-1%&F&6&"(&!"*,('@+&'#(('2%&
(,'5&-'&7(-&#1&P'*+-3&'F%&(L%)*+&0(.)(@%,(&!"*,(&5%"(&2%&P'*+-8&S-&"1&()*(&(1&2%&(1&"1&)1"*&S-3&0',&/%'6'& ;,.@-(5+Q&;.*,%/%*&?,'01-1%&)+1&(/.-1*%/3&!%&0+5&#1".2*%"6(&5'%&;,.71"0(8&!"&7%"(3&0'#+&/.5&#.51"%#'&
2%&#.,;1-&5(1&0(&/%'6+&()*(&-'&7(-8 -1%&?&:&'7-'*&;(&)#','&(/.-16%(%&;(&.&*,(';*+&5'%&)1)&0(#4*&B&:&!%&,(/(-+5&#1".2*%"6(&#1&51-*&5'%&-',?%&2%&
S1&"1&2*%'5&)+&5+&5%2#&-'&!"#(;1*8&I5&7.)*&-1'*&0%"&R"7%"%*&2%&'01)&-4"?+&P'*+-3&!"&K7(,':G'@.,'*.,8& 5'%&;,.71"0(&;,%/%*.',(&-'&'#(-'2%&)1@%(#*8
G'@.,'*.,1-&P'*+-1%&()*(&;-%"&0(&;',*%#1-(:/%'6+3&#',(&;,%"&%"#.5(")1,'@%-'&-.,&51-6%5(3&1"(-(&-4"?+& G15('&/.')*,+&"('?+&(L%)*("6'&%"%6%'6%-.,&!"&/,(51,%-(&'#*1'-(3&0',&(1&/+&'7%,5&#+&H(,1-&',(&51-6%&
'-*(-(3&#'&2%&5.-(#1-(-(&';(%&.#('"(-.,&/.')*,(3&#.")*%*1%(&1"&5(0%1&5.@%-3&1"&7(-&0(&';+3&1"&7-1%0& %1@%6%&'%&)+%&;(&;+54"*3&#',(&'-+*1,%&0(&#1-*1,'&-.,&;+54"*(')#+3&;.)(0+&!"'-*(&#1".2*%"6(&'-(&',$%*(#*1,%%&
7.,5'*&0%"&;',*%#1-(:/%'6+&:&.&'4+&0%(9&I#*1'-5("*(3&H,('*.,1-&:&1"&5',(&7%F%#%'"&2%&#$%5%)*:'@).',@(& 1"%/(,)1-1%&2%&'-(&/%(6%%&0%"&#1;,%")1-&)+18
#4*(&.&;+,*%#%#+&0%"&'#(')*+&';+&/%(&2%&.&%"*,.01#(&!"&#.,;1-&K+18&I%#%3&!"&o%%"6'&K'3&!"&5(0%1-&K+1& R"%6%'*1-&".)*,1 & ()*(&1"&.5& #'&*.6%&.'5("%%8&9,%"& "%5%#& "1& )(&0(.)(@(2*(&0(& )(5("%%& )+%8&C%"&
%"*(,"&)1@-%53&0%/%"3&;',*%#1-'&5('&'&0.@4"0%*&'"15%*(&!")12%,%8&I;.%&P'*+-&5:'&(5%)&0%"&#.,;1-&K+13& '#(')*+&#'1F+3&"%5("%&0%"*,(&51,%*.,%%&#',(&!-&!"#."=.',+&"1&@+"1%(2*(&#+&(-&;.)(0+&.&#.5.',+&;,%5%*+&
#'&2%&#15&5:',&7%&"+)#1*8&H.;%-1-&".1:"+)#1*3&%',&"1&7+#1*3&'&!"#(;1*&)+&)(&5%2*(&!"&7-1%01-:/%'6+&'-& 0(&-'&".%8&R:'5&0'*&'#()*(&*'%"(&'-(&-15%%&);'6%%-.,3&;("*,1&#+&(-&',(&1"&)1;8(*&5(&%"%.%'*9&J1&Z&.,%#(&);%,%*&
G'@.,'*.,1-1%3&#15&)(&5%2#+&;(2*(-(&;,%"&';'&.#('"1-1%&1"0(&):'&"+)#1*8 !"*,1;'*&)'1&);'6%'-&;.'*(&;,%5%&0%"&*'%"(-(&5',%&'-(&H(,1-1%8&P,(@1%(&#'&(-&)+&'%@+&1"&'"15%*&?,'0&!"&
!"&'#()*&5.5("*3&#.")*'*+5&#+&!"&G'@.,'*.,&(L%)*+&0.1+&7(-1,%&0(&/%(6%A&<8&/%'6'&;',*%#1-(-.,& -15('&".')*,+3&2%&,'"?1-&)+1&:&%"/%F%@%-&/.1+3&0',&/%F%@%-&!"&-15('&".')*,+&:&()*(&%"0%#'*&;,%"*,:1"&)(5"&
%"#."2*%("*(&:&%5.@%-(&2%&*.*12%&/%%Q&V8&/%'6'&;',*%#1-(-.,&#."2*%("*(&)(&;.*&5%2#'&01;+&;,.;,%'&-.,& ;(&#.,;1-&)+1&);%,%*1'-8&W%1'3&-15('&*,(#(&;(&-4"?+&%"%6%'*1-&".)*,1&2%&"1&2*%(&#(&".%'"&0(&#1".2*%"6(&
/.%"6+8&I&0.1'&#'*(?.,%(&'&;,./("%*&0%"&;,%5'3&;,%"&*,(#(,('&7%(#+,(%&;',*%#1-(&;,%"&#.,;1-&0%/%"1-1%& ;.)(0+8&I#()*&.5&"1&()*(&1"&"(".,.#%*3&0',&()*(&1"&"(7(,%#%*3&;("*,1&#+&'&;-(#'*&0%"&-15('&(*(,"+&'&
H,('*.,8&H('&0%"*4%&',&7%&7'*(,%'&4,%7+/&0%"&#',(3&;,%"&*,'")7.,5',(3&):'&"+)#1*&#('&0(:'&0.1'8&9,%"& );'6%%-.,&2%&):'&#.@.,4*&!"&-15('&5'*(,%(%3&#',(&!%&!"*1"(#+&)*,+-1#%,('&);%,%*1-1%&2%&"1&5'%&2*%(&0(&H(,3&
1,5',(3&):',&;1*('&F%#(&#+&/%'6'&R16"16)1"*&):'&*,'")7.,5'*&!"&/%'6'&R16)1"*9 0(#4*&'*4*&#4*&%&)(&0+&0(&-15('&H(,1-1%8
9',*%#1-(-(&0(&/%'6+&'1&7.)*&!"#.,;.,'*(&0(&H,('*.,8&S-(&(,'1&%F.-'*(3&%"0(;("0("*(&1"(-(&0(&'-*(-(3& I#153&!6%&/.%&/.,@%&0(&,.-1-&7.,6(%&*,(%5%#(&'&5,(4*'3181%/&)*E"-'3181%&2%&#(81%65(6#,(3*(*&')1;,'&
/%(6%%&1"1%&.5&*,1;()#8
1"%*+6%&7+,+&"%#%&1"&,';.,*&1"(-(&#1&'-*(-(3&0(#%&(,'1&#'&.&;1-@(,(&0(&;',*%#1-(8&C1;+&#(&'1&7.)*&
%"?(,'*(&2%&'1&)*'*&!"&#.,;1-&H,('*.,1-1%&#4*/'&*%5;3&;',*%#1-(-(:/%'6+&'1&7.)*&(5%)(&!"&?,1;1,%&7.,5'*(& C'#+&.51-&*,1;()#&',&#1".'2*(&#(-(&#(&/.%&);1"(&2%&',&*,+%&01;+&'#()*(&".,5(3&',&7%&7(,%*&0(&51-*(&
0%"&#4*(&*,(%&;',*%#1-(3&#.")*%*1%"0&.&?,+5+=.',+&5%#,.)#.;%#+8&I#(')*+&?,+5+=.',+&R16)1"*&)'1&R16 (,.,%3&0(F'5+?%,%&2%&)17(,%"6(&5.,'-(8&C'#+&'6%&2*%&#(&7.,6+&',(&0,(;*'21-3&/:'6%&1%5%8&C'#+&'6%&#1".'2*(&
7.,6'&)*4"?'21-1%3&/:'6%&!");+%54"*'3&%',&#1".)#4"0&;1*(,('&#(-1%:0(:#,(2*(*3&'6%&#+0('&!"Z&?("1"#$%3&
(L%)* &()*(&.&5%#+&,(;,(F("*',(&0(&/%'6+&)%"*(*%F'*+8&C%"&'#(-&5.5("*3&;',*%#1-':/%'6+&'&0(/("%*&1"& '0.,4"0&H4,51%*.,1-&-15%-.,3&;("*,1&%"7%"%*'&K'&!"6(-(;#%1"(3&#+&"1&-:'&-+)'*&;(&@%(*1-&.5&)%"?1,3&)+&
#."?-.5(,'*&0(&;',*%#1-(&0(&)1@)*'"6+&;,%5%*%/+3&"15%*+&0%'.+/&7.,54"0&1"&*.*&%"0%/%F%@%-8&I&7.)*&.& @4=@4%(&!"&-15('&*,1;(')#+8
1"%*'*(&%"0%/%01'-+3&0',3&;,%"&2(0(,('!"&#.,;1-&P'*+-1%3&'&0(/("%*&.&1"%*'*(&#."?-.5(,'*&%"0%/%F%@%-+8&
C,'?1-&5(1&7,'*(3&6%&)(&;',(&#+&'#()*(&;,.@-(5(&)1"*&0()7+21,'*(&#'&-'&2#.'-'&;,%5',+3&0',&'2'&)(&
;,.#(0('F+&-'&".%&)1)&2%&'2'&6%&-(&0'1&2%&6%(8&9-(#+5&0(&-'&)%5;-1&-'&#.5;-(L3&0(&-'&.&(L;-%#'6%(& <
&BI*1"#%&-%&):'1&0()#$%)&.#$%%&R'&'54"0.%&2%&'1&#1".)#1*&#+&(,'1&?.%3&2%&'1&#1)1*&7,1"F(&0(&)5.#$%"&2%&2%:'1&7+#1*&'#.;(,+5%"*(8&
'"'-%*%#+3&-'&1"'&)%"*(*%#+8 I;.%&'&7+#1*&C.5"1-&C15"(F(1&-1%&I0'5&2%&7(5(%%&)'-(&!5@,+#+5%"*(&0(&4%(8(&2%&%:'&!5@,+#'*8E&N("(F'&XA&_3&V<8&H1/4"*1-&(@,'%#&2,/&
J%#%&.&-1#,',(&!"&-15(&"1&)(&7'#(&7+,+&!"0(5"1-&);%,%*1-1%3&)'1&7+,+&)+&7%(&#(,1*+&0(&.&"(/.%(& 7.-.)%*&!"&*(L*1-&0(&5'%&)1)3&!")('5"+&817%"+&:&#4"0&)(&)#,%(&E<<t3&)'1&4%(8(&6&#4"0&)(&)#,%(&E-%r8
7%F%.-.?%#+8&P1&'%&'#15&1"&*,1;&0(.',(#(&);%,%*1-&'&'/1*&"(/.%(&0(&'#()*&/($%#.-3&;(&#',(&6%&-:'%&#,('*3
VVZ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"&?(, VV[

C%"&'-*(&(L;1"(,%&'-(&5(-(3&#1".2*%&#+&7%(#',(&.5&',(&;(&-4"?+&(-&1"&);%,%*&/(?$(*.,&"15%*&5,(4*'39&S-& "15(-(&S%8&I#6%1"('&-.,&/'&7%&;.F%*%/+&)'1&"(?'*%/+3&01;+&#15&(&#'F1-3&#."7.,5&0()*%"1-1%&;,.*(='*1-1%
)*+&!"&;(,5'"("6+&-4"?+&;,.*(='*1-&)+18&a,%1"0(&):',&01#(&.51-&*,1;()#&:&!"&#')+3&!"&/.%'=3&;(&)*,'0+3& -.,8
;()*(&*.*3&!"&7%(#',(&#-%;+3&0,(;*'21-&)+1&()*(&"(0(F-%;%*&0(&(-3&#'&15@,'&.51-1%8&C(&0%5%"('6+&;4"+& U1-*(&*'%"(&'%&'7-'*&2%&51-*(&/(%&5'%&'7-'8&R'*+&!"#+&1"'8
)(','3&0,(;*'21-&/(0(&*.*&#(&7'#(&2%&?4"0(2*(&;1;%-1-&)+13&#+#%&!%&/(0(&?4"01,%-(3&!"*.#5'%&#15&/(0(6%& C1;+&#15&/.%&:&*,+%"0&2%&51"#%"0&:&/+&#.")15'6%&*,1;1-&2%&(&"(/.%(&)+:<&,(;','6%3&*.*&')*7(-&(&
.@%(#*(-(&2%&7%%"6(-(&-15%%&/.')*,(8&S-&()*(&;./+61%*.,1-3&%");%,'*.,1-&'&*.*&#(&*,(@1%(&)+&7'#+&;,.*(='*1-& "(/.%(&#'&".%&)+&"(&,(;',+5&#.,;1-&5(5.,%'-&)-+@%*&;,%"&?4"0%,(&)'1&?.-%*&0(&%0(%8&C1;+&#15&/.%&/+&
)+13&2%&!%&)1?(,('F+&5("*'-&)+&"1&7'#+&'"15%*(&'#6%1"%3&0(.',(#(&"1&)1"*&#."7.,5(&#1&0()*%"1-&)+13&.,%& $,+"%6%&#1&'-%5("*(&#'&)+&,(;','6%&*,1;1-&1F'*&;,%"&51"#+3&2%&".%&*,(@1%(&)+&54"#+53&0',&'-%5("*(-(&
;("*,1 & #+ & /' & #1-(?( & "15'% & "(;-+#(,% & )'1 & 01,(,%8 &I2'0', & 0,(;*'21- & !- & ';+,+3 & !- & /(?$('F+ & !" & *.'*(& ".')*,(&)1"*&%0(%-(&'7-'*(&!"&);'6%18
'#6%1"%-(&)'-(&)%5;-(3&#4"0&5+"4"#+3&)(&;-%5@+3&)(&#1-#+3&)(&0%)*,('F+&(*#8&C(&#4*(&.,%&)(&"'2*(&.& K+&"1&*(&5%,%&0(&'7%,5'6%'&5('8&R0(%-(&;-1*()#&%"7%"%*&0(&51-*(&;,%"&);'6%13&!".'*+&;,%"&(*(,1-&0%"&
#."*,./(,)+&!"*,(&/(?$(*.,&2%&;,.*(='*3&)'1&0(&#4*(&.,%&/'&7%&/.,@'&0(&1"&'#*&#(&;.'*(&01#(&-'&1,5+,%& 1"%/(,)8&o%%"0&?.-%*3&(1&!"?-.@(F&!"&#.,;1-&5(1&%0(%&;4"+&5+&)'*1,3&-(&'@).,@&;,%"&*.'*(&;+,6%-(&#.,;1-1%&
0(.)(@%*&0(&%5;.,*'"*(3&0,(;*'21-&#$('5+&;(&)*4"?'23&;(&#'-('&1"0(-.,&5("*'-(8&I#()*'3&.,%1"0(&',&7%& 5(13&"1&;,%"*,:1"&.,%7%#%1&:&?1,+&h&#'&/.%&.'5("%%&*,1;(2*%8&H4"0&/'&/("%&.#'F%'3&(5%*&0%"&".1&%0(%&'&
2%&.,%#(&.#1;'6%(&',&'/('3&).)(2*(&#'&71-?(,1-&-4"?+&;1;%-1-&)+18&T,5('F+&%5(0%'*&.&'"'-%F+&'&)%*1'6%(%& #+,.,&%"2%,',(&7.,5('F+&?4"0%,('&5('8&S5%*&!"*.#5'%&#15&)*'6%'&0(&(5%)%(&,'0%.7."%#+&(5%*(&1"0(-(&
2%&0(&!"0'*+&$.*+,+)#&#(&*,(@1%(&)+&7'#+8 )'-(3&1"(-(&01;+&'-*(-(8&H4"0&?4"0()#3&%'1&.&%0((&0%"&#.5.','&5('&%"*(,"+3&.&!5@,'#&#1&7-1%0&0%"&
SL(5;-(-(&-+51,()#8&R'*+&#+&1"&.53&;-(#'*&#1&).6%'&)+&)(&;-%5@(&;,%"&.,'23&)(&!"*4-"(2*(&#1&1"& #.,;1-&5(1&;-'"(*',3&2%&!"&'#(-'2%&*%5;3&!%&0'1&.&7.,5+&.',(#',(8&I#()*(%&7.,5(&!%&%5;,%5&';.%&.&
'5%#&!").6%*&0(&1"&;,%(*("8&H(%&;'*,1&)(&)'-1*+&2%&'5%#1-&)(&)%5*(&.@-%?'*&)+:2%&,(#.5'"0(&;,%(*("1-8& 5%2#',(&0(&,.*'6%(8&N,'6%(&'#()*(%&5%2#+,%&%0(('&;-('#+&71-?(,+*.,&-'&("*%*'*('&#+,(%'&!%&()*(&0()*%"'*+3&
C',& '#()*&)*,+%"&',(&#1)1,1,%-(&)'-(3&"(2*%1*(&0(&.'5("%8&C,(;*'21-3& /+F4"0&)%*1'6%'&2%&#.")*'*4"0& ')(5("('&1"1%&.@1F&;,%"&);'6%18&U%2#',('&0(&,.*'6%(&.&')%?1,+&)+&"1&7%(&.;,%*+&0(&/,(1"&);'6%'-&2%&)+&
%5(0%'*&#+&".1'&#1".2*%"6+&()*(&"(7(,%#%*+3&*(-(?,'7%'F+&%5(0%'*&)*4"?'21-1%3&#',(&).)(2*(&!"&#4*(/'& )*,+@'*+&);'6%%-(&%5(")(3&;4"+&-'&'0,()'"*3&#',(&)(&;.'*(&'7-'&-'&.&5',(&0%)*'"6+&0(&5%"(8&a,%1"0(&):',&
)(#1"0(8&R&)(&;,(F%"*+&)%*1'6%'&2%&%5(0%'*&)(&$.*+,+)#&)+&;1"+&.&;4"F+&0(&7-1%0(&!"*,(&;,.*(='*&2%&)*,+%"8& '7-'&#(-&#1&#',(&/,('1&)+&#.51"%#3&!"*4%&*,%5%*&1"0'&?4"0%,%%&5(-(&/(,*%#'-&!"&)1)&2%&!"&'#(-'2%&*%5;&);,(&
!"&'#(-'2%&*%5;3&!2%&!"/+-1%(&;,.*(='*1-&#1&)7'*1-&5("*'-&0(&'&"1&!"#$(%'&/,(.&-(?+*1,+&#1&'#()*&)*,+%"3& ,+)+,%*8&!"&'#(')*+&0%,(#6%(3&'=1"?4"0&!"&)*,'*1-&0.5%#%-%1-1%&5(1&);%,%*1'-3&1"0'&5('&()*(&#';*'*+&0(&1"&
"(7%%"0 & );,( & @%"(-( & )+18 & C%" & '#(- & 5.5("*3 & ;,.*(='*1- & )( & )%5*( & ;,.)* & %5;,()%."'* & 0( & )*,+%"3 & 2%3& );%,%*&'"."%5&;("*,1&5%"(3&#',(&()*(&0(&)(,/%#%1&!"&'#()*&)#.;8&K(,/%#%1-&)+1&(&')(5+"+*.,&#1&'-&
%"(L;-%#'@%-3&)%5*(&.&'"*%;'*%(&7'6+&0(&(-3&#+1*4"0&%5(0%'*&)+&)(&!"0(;+,*(F(8 *(-(?,'7%)*1-1%&/.)*,18&S-&;,%5(2*(&1"0'&5('&2%&.&/'&-'")'&#+*,(&("*%*'*('&);%,%*1'-+&#+,(%'&%:'5&'0,()'*&
T"%% & ', & ;1*(' & .@%(#*'A & BH( & )( & ;.'*( & !"*45;-' & 0'#+ & ;.,* & . & #."/(,)'6%( & .',(#',( & #1 & #%"(/'D & H(& ?4"01-&5(13&#',(&/'&)*,+@'*(&);'6%%-(3&%5;,()%."4"0&0.',&01$1-&#+,1%'&!%&71)()(&0()*%"'*8&I)*7(-3&(-&%'&
%5;.,*'"6+&',(&#1&#%"(&/.,@()#DE&I,(&%5;.,*'"6+&;("*,1&#+&"1&'/(6%&;.)%@%-%*'*('3&#'&2%&".%&01$1,%-(3& #1".2*%"6+&0(&#(-(&0.,%*(&)'1&#.51"%#'*(&0(&5%"(8&C'#+&1"0'&?4"0%,%%&5(-(&'&5(,)&;4"+&)1)&2%&"1&'&
)+&'"'-%F'6%&.51-&2%&)+&;,(/(0(6%&#1&(L'#*%*'*(&#.")(#%"6(-(&,(-'6%%-.,&/.')*,(&#1&'"15%*(&;(,).'"(8& 7.)*&;,%")+&0(&B*(-(?,'7%)*1-&0(&)(,/%#%1E3&)(&!"*.',#(&-'&5%"(3&-'&-.#1-&1"0(&5+&'7-13&2%&.&/.%&*,%5%*(&0%"&
94"+&-'&).)%,('&)*4"?'21-1%3&0,(;*'21-&2%:'&';+,'*&;,.*(='*1-&0(&%"7-1("6'&7-1%0(-.,&(5'"'*(&0(&)*,+%"8&a& ".13&;4"+&/'&'*,'?(&'*("6%'&("*%*+6%%&#(&!"0(;-%"(2*(&,.-1-&0(&*,'")5%6+*.,8&a,%#(&);%,%*&',(&%0(%-(&)'-(8&
0'*+& ).)%*3&)*4"?'21- & /'&#,(' & 1"& #45;& 5'?"(*%#&%F.-'*., & 2%&!"&'#(-'2%&*%5;& ,();%"?+*.,& '- &*1*1,.,& C%"*,:.&'"15%*+&5'*(,%(&/.,&7%&#.")*,1%*(&%0(%-(&);%,%*(-.,&0%"&F."'&'&R-R:'3&0%"&'-*'&:&'&#(-.,&0%"&F."'&'&
%"7-1("6(-., & 7-1%0(-., & 2% & 5'% & '-() & '- & %0(%-., & (5%)( & 0( & '#()* & "(#1".)#1*8 & H1/%"*(-( & "(#1".)#1*1-1%3& R%:'3&2%&#1&*.*1-&0(.)(@%*+&:&'&#(-.,&0%"&F."'&'&R:'8&p%"(!"6(-()&#+&1"0(-(&!"?(,%-.,&;-'"(*',%&/.,&'/('&.&
(L;,()%%-(&)'-(&)1"*&'0(/+,'*(&;,.%(#*%-(&!"0,(;*'*(&);,(&;,.*(='*3&;1*4"0&)+:%&7'#+&1"&5',(&,+18&S%& '-*+&)1@)*'"6+3&%',&'-(&#(-.,&*,(%&I&`I-7'b&:&/.,&7%&)1@-%5(8&o%(#',(&01$&!2%&(5%*(&%0(%-(3&0',&?,'01-&-.,&0(&
@%"(3&'#()*(&%0(%&)1"*&!5;%(0%#'*(&)+&'=1"?+&;4"+&-'&#.,;1-&);%,%*1'-&'-&%1@%*1-1%&-.,8 (/.-16%(&"1&;(,5%*(&#'&%0(%-(&)+&)(&'5()*(#(&!"*,(&(-(8&a&1"0+&0(&%0(%&(5%)+&0(&1"&01$&%,.21&!5%&7'#(&
J.%3&01$1,%-(3&#4"0&/.,@%5&!"*,(&".%3&"1&)#.'*(5&)1"(*(3&#%&"15'%&?4"01,%3&'0%#+&(5%*(5&%0(%3& ,+18&S5%)%'&%0(%-.,&5(-(&15;-1&0(&7(,%#%,(&;(&1"&);%,%*&%"7(,%.,3&;("*,1&#+&(-&;,%5(2*(&!"&#.,;1-&)+1&
2%,1,%&0(&%0(%8&K#4"*(%'&0%/%"+3&.,%#4*&0(&5%#+&',&7%3&?4"0(2*(&!"&%"*(,%.,1-&(%8&!"&=1,1-&)#4"*(%%&)(&'7-+& 7-1%0&'-@3&7';*&#',(&!%&/'&;,.01#(&.&5',(&7(,%#%,(8&C(&'%#%&,(?1-'&)*'@%-%*+A&%";(,%2,18&"1&',(&02%(&)+&
#(-(&*,(%&!"/(-%21,%&0%/%"(A&'&02%".(%/&%"*(8(#*181%&2%&7(72,%(%9&g'%"':',$%/+&)'1&'&5(5.,%(%&()*(&;-%"+& 02,A(')#+&6&-E"5(')#+&:&!"&;'.'&)14(,%2,181%9&C1$1-&%"7(,%.,&()*(&7(,%#%*&#4"0&)1;(,%.,1-&!%&/.,@(2*(8&
0(&%0(%3&;',*%#1-(&/%%3&'0(/+,'*(&7%%"6(3&#.")*%*1%"0&#.5.','&);%,%*1-1%8&N4"0%"0&!"&)%"('&)'3&)#4"*(%'& C(&'#(('&!%&')#1-*+&#1/4"*1-&#1&)5(,("%(&2%&!-&'0.,+&#'&;(&1"&5%#&C15"(F(18&J1&%&)(&;.'*(&'0,()'3&
%5;,%5+ & . & 7.,6+ & ')1;,' & 7-1%01-1% & 0%" & $'%"':5(5.,%(3 & 2% & '"15( & ')1;,' & 1"(% & %0(%8 & 9',*%#1-':%0((& #+#%&'#(')*+&,(?1-+&'&!"/+6'*:.&2%&(-&!"&-15('&".')*,+8&S-&)*+&!"&7'6'&)1;(,%.,1-1%3&'2*(;*4"03&'2'&#15&
;.,"(2*( & %5(0%'* & #+*,( & (L*(,%.,1- & !"/(-%21,%-., & ;(,%);%,%*1'-(8 & H4"0 & '#(')*+ & ;',*%#1-+ & )'1 & )#4"*(%(& )*'1&;1%%&0(&,4"01"%#+&#1&;-%)#1,%-(&0()#$%)(3&#'&)+&-(&;1"+&5'5'&$,'"+&!"&?1,+8&R"7(,%.,1-&'2*(';*+&#(&
'=1"?(&!"&0,(;*1-&;+*1,%%&(L*(,"(&:&/($%#.-1-&7-1%0%#&;-'"(*',&:&()*(&!"/(-%*+&#1&.&;.=?$%6+&0(&7-1%0& /'&.,0."'&)1;(,%.,1-&)+18&S-&)(&/'&01#(&)+&7'#+&*.*&#(&%&)(&/'&);1"(8&C'#+&%&)(&/'&);1"(&)+&7'#+&.&7';*+&
;-'"(*',8&I#15&%0(('&()*(&')(5+"+*.',(&1"(%&)(5%"6(&#(&#."6%"(&!"&5%=-.#1-&(%&1"&(5@,%."8&K;%,%*1-& ,('&)'1&@1"+3&(-&(L(#1*+&.,@(2*(3&@%"(!"6(-()3&;(&,+);1"0(,('&)1;(,%.,1-1%&#',(&%:'&.,0."'*8&S-&()*(&
%5;,%5+&'#()*1%&;,.01)&@%#.5;1)&.&7.,5+&.',(#',(Q&;,%"&1,5',(3&7%(#',(&%0((&!2%&',(&7.,5'&)'8&C%"& 7(,%#%*&#+&'&(L(#1*'*&.,0%"1-&;,%5%*3&;,%"&2%,1-&0(&%0(%&'@).,@%*&0(&-'&)1;(,%.,8&a,%#',(&',&7%&,(F1-*'*1-&
'#()*&5.5("*3&%0(('&(&?'*'&2%&1,5('F+&)+&7%(&;,.%(#*'*+&!"&);'6%18&C1;+&.&%0((3&/%"&'-*(-(&2%&(-(&)(& '#6%1"%%&)'-(3&(-&'&;,.7%*'*3&#+#%&%0(%-(&)1;(,%.,1-1%&'1&!5@1"+*+6%*&#.5;.F%6%'&7-1%01-1%&)+1&2%&')*7(-&'&
!"2%,+&#'&2%&1"0(-(&1"1%&-'#&@+*1*&0(&/4"*8&o%%"0&*,%5%)(&!"*,:.&'"15%*+&0%,(#6%(3&'#()*(&%0(%&'=1"?&-'&1"& ;,.?,()'*&#1&1"&;')8&K1;(,%.,1-&(&#."2*%("*&0(&'#()*&7';*3&'2'&#+&(5%)%'&%0(%-.,&#+*,(&1"&%"7(,%.,&)(&7'#(&
.5&2%&;+*,1"0&;,%"&*,1;1-&)+13&';.%&;,%"&#.,;1-&;(,%);%,%*1-1%&'=1"?&-'&);%,%*8&I%#%&(&;(,%#.-1-&5',(&h& #1&5',(&;,10("6+3&"1:<&!"0.';+&#15&!"0.;'6%&/.%&?42*(-(8&9,%"&1,5',(3&(5%)%'&0(&%0(%&'&1"1%&01$&
4+*,1"5(,('&%5(%82,&!"&4(,%)4%,%*18&1"1%&)4%,%*&#2")*%*1%(&;(,%#%,('&)'1&"(;(,%#%,('&)'9 )1;(,%.,&)(&7'#(&#1&5+)1,+3&!"&'"15%*&)".;&2%&-'&'"15%*'&(;.#+3&'/4"0&!"&/(0(,(&'/'")',('&01$1-1%&
R'*+ & #+ & %"*(,/("6%' & 0,(;*'21-1% & ()*(3 &"(#()',+ & ;("*,1 & ' & ;,(!"*45;%"' &"(7(,%#%,(' &#( & ):', & ;1-,'& %"7(,%.%8
!"*45;-'&%1@%*1-1%&)+1&;1;%%8&S-3&/+F4"0&#1-.',('3&0(#%&#'-%*'*('&;(,%);%,%*1-1%&".1-1%&).)%*3&2%&#.")*'*4"0&
#+&(&1"&;(,%#.-&;("*,1&@1"1-&)+1&;,.*(='*3&#$('5+&;(&)*4"?'2&2%&;4"+&-'&).)%,('&'#()*1%'&!2%&!"#."=.',+&
;1;%-1-&#1&7-1%0(-(&)'-(3&;("*,1&'&"1&7%&;,%5%*.,1-&'#(-.,&%0(%8
K+&F%#(5&#+&;1;%-1-&0,(;*'21-1%&(&1"&);%,%*&'-@&2%&".1'&#1".2*%"6+&1"&);%,%*&,.218&R0(%-(&;-(#'*(&0%"& H."01#(,('&;.;.',(-., =
01$1-&,.21&/.,&7%&!"/(-%*(&#1&7-1%0&,.213&#',(&%"*,4"0&!"&;(,%);%,%*1-&;,.*(='*1-1%3&-:',&#.,1;(3&7-1%01-&
01$1-1%&'-@&7%%"0&)1;(,%.,&#(-1%&,.218&R'*+&;(,%#.-1-&;,%(*("%(%&0%"*,(&1"&01$&!"*,1;'*&'-@&2%&1"1-&,.218& 1%1

C1$1-&,.21&7%%"0&5'%&0()&!"&#."*'#*&#1&01$1-&'-@3&!-&/'&"(7(,%#%3&!5@%@4"01:%&;(,%);%,%*1-&#1&7-1%0&0(& R6%&#1".)#&;+,(,%-(&,(-(&0();,(&;.-%*%#'&.'5("%-.,Q&*.*12%3&".%&!6%&);1"(5&#+&;.-%*%#'&()*(&2*%%"6'&
#'-%*'*(&%"7(,%.',+8&I#15&#,(0&#+&):'&!"6(-()&!"6(-(;#%1"('&P'*+-1%3&#',(&'&;,(/+F1*&'#()*&#'F&2%&'&;1)& (/.-16%(%&;.;.',(-.,8
*,(%&;'F"%#%&7%(#+,1%&.5&*,1;()#8&R"%6%'6%%&".2*,%&2*%1&0(&'#()*(&'0(/+,1,%&2%&0(&51-*(&'-*(-(3&;1"4"0&!"& a51-&0(&'F%&"1&',&;1*('&*,+%&0'#+&"1&-:',&'*,'?(&5%,'=1-&/%%*.,1-1%&2%&5'?"(*1-&%"*(,()1-1%8&9(&
;,'#*%#+&#(-(&'7-'*(&0(&-'&".%3&;("*,1&'&7%&7(,%6%&0(&51-*(&%"7-1("6(&/+*+5+*.',(8 ;.-%*%#%'"1-&/.)*,1&!-&%"*(,()('F+&0.',&/%%*.,1-&%5(0%'*&';,.;%'*3&2%&"1&#(&/'&7%&;()*(&0.1+&)1*(&0(&'"%8&
P.*0('1"'&0,(;*'21-&()*(&1"&);%,%*&0(&(?'-+&(/.-16%(&#1&.51-&;(&#',(&!-&/(?$('F+8&K*4"?'21-&!%& C',&;(&#4"0&.51-&*,1;()#&()*(&%"*(,()'*&0.',&0(&F%1'&0(&54%"(3&);%,%*1-&)(&;,(.#1;+&0(&#(&/'&7%&;()*(&
()*(&)1;(,%.,&;1;%-1-1%3&0(&'#(('&"1&)'0(&5(,(1&-4"?+&'#()*'3&#%&/%"(&0.',&#4"0&()*(&"(/.%(8 1"'&)'1&0.1+&5%%&0(&'"%8&[.%&F%#(6%A&BH'&%(,%&*,(#1,+&'"%%&5(%ME&R',&".%3&);%,%*(-(3&);1"(5A&BH(&,(;(0(&
!"e/%'6'&.51-1%&*,1;()#&(L%)*+&!5;,(=1,+,%3&-(?'*(&0(&0()*%"1-&)+13&#4"0&(&"(/.%(&0(&.&7.,6+&5'%& *,(#&)(#.-(-(M&9',#+&%(,%&(,'&S/1-&U(0%1&2%&'-'-*+%(,%&)74,2%*1-&R5;(,%1-1%&c.5'"E8
5',(8&R"&'#()*&#'F3&0,(;*'21-&2%&)*4"?'21-&#$('5+&;(&#(-:0(:#,(2*(*&:&.&7.,6+&);%,%*1'-+&5'%&!"'-*+8&S-& C'#+&;(&.51-&!"*,1;'*&!-&-')+&,(#(&#(&/'&7%&;()*(&.&5%(&0(&'"%3&;(&".%&"(&%"*(,()('F+&(/("%5("*(-(&
#.@.',+&0%"&!"+-6%5%-(&)'-(&#1&#2,52"18&#."7(,%*&0(&K74"*'&P,(%5(&'&9+54"*1-1%8&C,(;*'21-3&)*4"?'21-& #(&/.,&/("%&;()*(&#4*(/'&)(#.-(&2%&#."-1#,+5&#1&*.'*(&-'&;,(?+*%,('&-.,8&!"&5(5.,%'&5('&;,(F("*+&)1"*&
2%&#(-:0(:#,(2*(*&)(&!"#."=.',+&#1&'#()*&#.,0."&;("*,1&'&7'#(&.&-1#,',(&@%"(#1/4"*'*+&0(&#(%&0(&)1)8& *.'*(&(/("%5("*(-(&*,(#1*1-1%&'#()*1%&?-.@3&0(&#4"0&'5&/("%*&;(&(-3&%',&(/("%5("*(-(&/%%*.',(&7'#&1"&
C%"&'#()*&5.5("*3&7.,6'&-.,&,(;,(F%"*+&7.,6'&K7%"*(%&P,(%5%&'&9+54"*1-1%3&-1#,4"0&!" -'"6&"(!"*,(,1;*&#1&#(-(&*,(#1*(3&#+#%&/('#1,%-(&!"0(;+,*'*(&'1&;,(?+*%*&;(&#(-(&'#*1'-(8
VV\ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&:&F&521'&#',*(
?271"%#+,%&5%"&?(, VVT
R"%6%'*1-1%&".)*,1&!%&0+5&#$(%'&0(F-(?+,%%&5.*%/(-.,&(L%)*("6(%&;.;.',(-.,&2%&#'1F'&0%);',%6%(%&-.,& H(-&5'%&15%-&.5&);'6%'-3&0(&;(&1-*%5'&*,(';*+&:&#',(&!"*,1;4"01:)(&/'&7%&1"&#'"%@'-&#(&!2%&/'&
0(&;(&',("'&;+54"*1-1%8&S-&"1&;,%/(2*(&#+*,(&@'F'&(0%7%#%1-1%3&#%&#+*,(&/4,71-&;%,'5%0(%&/%(6%%&15'"(8 54"#'&;+,%"*(-(&:&2*%(3&#'&);%,%*3&#(&5',(&%5;.,*'"6+&',(&.&%0((8&C%"&'#(')*+&#'1F+3&7%(#',(&);'6%'-&!2%&
R)*.,%#%%&;+54"*1-1%&!"2%,+&(7(#*(-(&/%(6%%&0%7(,%*(-.,&;.;.',(Q&".%&',+*+5&%"%6%'*1-1%&".)*,1&#'1F(-(& %5;1"(&.&%"*(,0%#6%(&!"&(5%)%'&%0(%-.,8
#(&#."*,%@1%(&-'&;(,)%)*("6'&1"1%&;.;.,&/('#1,%&"()74,2%*(&2%&#'1F(-(&#',(&'1&0(*(,5%"'*&0%);',%6%'& I&(5%*(&.&%0((&"1&(&*.*1"'&#1&'&#1?(*'8&H1?(*',('&()*(&.&'#6%1"(&%"*%5+3&;,.01)+&!"&%"*(,%.,1-&
,';%0+&'&'-*.,'8 )#4"*(%%&0%/%"(3&0();,(&#',(&"1&',(&#1".2*%"6+&"%5("%&0%"&=1,1-&(%8&J.%&;1*(5&#1?(*'3&7+,+&)+&(5%*(5&
a51-&*,1;()#&"1&/(0(&;(&;+54"*&0(#4*&(7(#*(-(3&7%%"01:%&%5;.)%@%-&)+&2*%(&#'1F(-(&#',(&-(:'1& %0(%&!"&'7','&".')*,+8&H1?(*',('&/.')*,+&()*(&#1&*.*1-&0(.)(@%*+&0(&'&".')*,+3&0(.',(#(&?4"0%"03&/.%&
;,./.#'*&2%&'&#+,.,&)1,)+&()*(&-'&".%&!"&H(,8&9+54"*1-&()*(&')(5("('&1"1%&*('*,1Q&;(&)#("'&-1%&=.'#+& (L*(,%.,%F'6%3&(5%*(6%&%0(('8
.'5("%%&2%&;.;.',(-(&')(5("('&1".,&;+;12%&5%2#'*(&01;+&#15&)1"*&*,')(&0(&)7.,%&"(/+F1*(8 I2'0',3&#1?(*',('&/.')*,+&()*(&!").6%*+&%5(0%'*&0(&'#6%1"('&0(&(5%*(,(&'&%0(%%8&S1&;.*&?4"0%&!"&
[.%3&.'5("%%&*,1;(2*%3&"1&;1*(6%&!"#$(?'&=10(#+6%&#.,(#*(3&0(.',(#(&/+&-%;)()#&*.'*(&;,(5%)(-(& )%"('&5('&2%&"1&/'&2*%&"%5("%&#(&?4"0()#8&C',&'#153&#4"0&!6%&#.51"%#3&;(&-4"?+&?4"0%,('&5('&
"(#()',(3&"1&;.)(0'6%&#1".2*%"6(-(&".')*,(3&#(%&0%"&F."'&'&R:'8 %"*(,%.',+&'5&*,(#1*&2%&-'&(5%)%'&%0(%-.,8
N-.'*(-(&-15%%&);%,%*1'-(&0%"&F."'&'&R-R:'3&"1&/+0&0(#4*&/%%*.,1-&7.',*(&';,.;%'*&'-&-15%%&0(&=.)8 P.*&#(&?4"0%6%&/.%&()*(&(5%)%(3&/+F1*+&2%&!"6(-(')+&0(&".%8&H4"0&);%,%*1-&/.)*,1&?4"0(2*(&!"&%"*(,%.,1-&
H(/'&5'%&-',?&()*(&#45;1-&#1".2*%"6(-.,&#(-.,&0%"&F."'&'&R%:'8 )+13&0',&#'&.'5("%&*,1;(2*%3&"1&2*%6%&"%5%#3&"15'%&'*1"#%&#1?(*'6%&#'&".%3&);%,%*(-(&0()*,1;'*(8 &C%"&
C',&".%3&#(%&0%"&F."'&'&R:'3&;,%/%5&5(,(1&)1)&0(&*.*3&'#.-.&0(&1"0(&;.,"()#&$.*+,4,%-(&2%&1"0(& 5.5("*&#(&1"&);'6%'-&!"#(;(&)+&(5%*+&%0(%3&#."7.,5&"'*1,%%&)'-(3&!2%&%'&.&,+);1"0(,(3&#1&'*4*&5'%&
)+-+2-1%(2*(&H'1F'&#'1F(-.,8 5',(3&#1&#4*&#.")(#%"6(-(&'#6%1"%%&)'-(&/.,&7%&5'%&"(7(,%#%*(&5(0%1-1%&)+1&'5@%'"*8&J.%&2*%5&1,5+,%-(&
a,%#4*&0(&%"7(,%.,%&',&7%&#(%&0%"&F."'&'&R-R:'3&)1"*&5'%&#."2*%("6%&0(#4*&.'5("%%&*,1;(2*%8 (5%)%%-.,&".')*,(3&2%&"1&"(&;1*(5&)#1F'3&#'&/.%3&#+&"1&#1".'2*(5&1,5+,%-(&#1/%"*(-.,&'0,()'*(&1"1%&
J.%3&-15('&0(&#."01#(,(&'&#(-.,-'-*(&F."(3&'/(5&/(0(,('&#('&5'%&#-',+8&C1;+&".%&/%"&#(%&0%"& .5&*,1;()#8&J.%&"1&;1*(5&7'#(&(5%)%%&0(&%0(%&7+,+&'1*.,%F',(8&G'&".%&()*(&6','&*+#(,%%3 &'&#("F1,%%&
F."'&'&R%:'3&#',(&/+0&0(&;',#+&;,%/()#&;,%"&.#$(-',%&7151,%%8&H(%&0(&=.)3&0%"&F."'&'&R-R:'3&)1"*&5%.;%%& /(2"%#(8 & C'#+ & !" & -15(' & ".')*,+3 & "(:'5 & ;(,5%*( & (5%)%% & 0( & %0(% & #',( & /., & 7% & 1,5'*( & 0( & '#6%1"%&
-15%%&);%,%*1'-(8 ,+17+#+*.',(3&'5&7%&%5(0%'*&)'"#6%."'6%&#1&?,(-(&)17(,%"6(&);%,%*1'-(8
C',&.,%#4*&0(&;,.)*&/+0&01$1,%-(&,.2%%3&*.*&/+0&#(/'&0%"&/%%*.,3&;(&#4"0&/.%&)1"*(6%&.,@%3&2%&'6%&7%& H'&01$&;.6%&?4"0%&*.*&#(:6%&;-'#(&!"&7.,1-&*+1&%"*(,"3&'-&);%,%*1-1%3&0',&)+&"1&(5%6%&%0(%&!"&'7',+8&C(&
.,@%&#1&0()+/4,2%,(3&0'#+&"1&'6%&7%&!"0,15'6%&2%&#."012%&0(&".%8 '#(('3&0(:'&-1"?1-&/('#1,%-.,3&".%3&#(%&0(&)1)3&'5&,(#.5'"0'*&%"%6%'6%-.,&*+#(,(&2%&%',&*+#(,(8
o.,5'&0(&/%'6+&)(&)#$%5@+&5(,(1&;(&)1;,'7'6'&;+54"*1-1%8&9.;.',(-(&';',3&*,+%()#&2%&0%);',&#'& H1&7';*'&?,(2%6%&0()*1-&0(&0()3&0',&#1&/.,@'&?,(2%6%&51-*&5'%&0()8&P.'*+&F%1'&*,+"#+"%6%&@1"(3&2%&
'#*.,%%&;(&)#("'&1"1%&*('*,18&C1,'*'&-.,&()*(&#1&'*4*&5'%&-1"?+&#1&#4*&.,?'"%F',('&2%&#."01#(,('&/%(6%%& ,(-(3&2*%1*(&2%&"(2*%1*(8&C',&"(!"#$%;1%*&0(&51-*&?,(2%6%&#1&?4"01-&/.)*,13&;,%"&(5%)%%-(&/.')*,(&0(&%0(%3&
-.,&()*(&!"&',5."%(&2%&#."7.,5%*'*(&#1&c(?1-%-(&#(&0.5"()#&!"&-15('&H(,1-1%8 #+,.,'&-(:'6%&%5;,%5'*&1"&#','#*(,&0(&@4,7+3&@-()*(53&#,%*%#+3&1,+&(*#8&I6%&,%)%;%*&!"&);'6%1&)(5%"6(&#',(&
H1&'-*+&.#'F%(3&!6%&/.%&/.,@%&5'%&;(&-',?&0(&#."0%6%%-(&#(,1*(&#'&1"&;.;.,&)+:2%&0()7+2.',(&#4*&5'%& :&#'&2%&5%#,.@%%&:&/.,&%"7(#*'&);'6%%-(3&!5@.-"+/%"0&01$1,%-(&!"*,1;'*(&2%&-%@(,(8
51-*&*%5;&/%'6'&;(&'#()*&?-.@8&!"&*,('#+*3&!6%&);1"A&'#(-&;.;.,&#',(&/'&#+1*'&)+&7%(&.&#.;%(&#4* &5'%& H(,1-&()*(&-15('&*+#(,%%8&G'& ".%3&5'% &51-*&#'&-'&/.%3&#%"(&*'#(&()*(& !"6(-(;*8&P+#(,('&"(&0+&
';,.;%'*+&0(&/%'6'&;.;.,1-1%&0(&);%,%*(3&'&H(,1-1%3&/'&;1*('&)+&01,(F(&F(#%&0(&5%%&0(&'"%8&9.;.,1-& ;.)%@%-%*'*('&)+&5(0%*+5&F%-(&!"*,(?%&-'&1"1-&2%&'#(-'2%&)1@%(#*3&)#.64"0&-'&%/('-+&'0(/+,1-&0%"&(-8&
'-#+*1%*&2%&#."01)&01;+&5.0(-1-&".)*,1&0%"&H(,3&/'&7%&)*+;4"1-&-15%%8 P+#(,('&"(Z0(F/.-*+&!"&'#(-'2%&*%5;&/.%"6'&2%&;1*(,('&0(&'"'-%F+8&C(&51-*(&.,%&/(0(5&;,%"&);'6%1&#4*(&
U.0(-1-&".)*,1&0(&.,?'"%F',(&6%&-:'5&,(/(-'*8&K1)3&!"&/4,71-&;%,'5%0(%3&)1"*&;,(.6%%3&-'&5%=-.#& 1"&);%,%*&'7-'*&!"&%5.@%-%*'*(8&S-&!2%&(L'5%"('F+&#.5.','&0(&%0(%3&-(&#.5;',+3&-(&'"'-%F('F+&#."6%"1*1-&
:7.,6(-( & (L(#1*%/(3 & %', & =.) & : & 51-6%5('3 & 51"#%"0 & );,( & 7(,%#%,(' & (% & 2%& ' & #(-., & 0( & 0(')1;,'3 & #',( & !%& 2%&0(01#(&"'*1,'&2%&7.,6'&0(&#',(&0%);1"(8&H1".)#4"0&1,5+,%-(&1"(%&(5%)%%&0(&%0(%3&-'&".%&0.5"(2*(&
#."01#(&01;+&-(?%-(&0%/%"(&2%&(*(,"(&'-(&P'*+-1%8 5'%&51-*+&!"6(-(;#%1"(&:&*+#(,(&:&0(#4*&-'&/.%8
H4"0&;,(.6%%&*(,(2*,%&/.,&7%&)'/'"6%3&#1".)#+*.,%&'%&-(?%-.,&#(,(2*%3&#4"0&/.,&7%&!"&-(?+*1,+&#1&H(,1-& H4*&*%5;&F'#(&.&%0((&!"&%"*(,%.,1-&5(13&('&()*(&.&)%5;-+&;',*%#1-+8&C(&!"0'*+&#(&%:'5&0'*&0,151-3&
2%&/.,&0'&0%,(#*%/(&7(,%#%*(3&01;+&%"0%#'6%%-(&;,%5%*(&0(&-'&".%3&;.;.,1-&#."01)&0(&(%&/'&;,.);(,'&2%& ('&'&0(/("%*&.&7.,6+&;,.01#+*.',(&0(&(7(#*8&C%"&;(,)."'-+3&%0(('&'&%"*,'*&!"&0.5("%1-&;1@-%#8&C1$1-&
)*,+-1#%& !"&7,1"*('&;.;.',(-.,&;+54"*1-1%8&H4"0&*.6%&%"0%/%F%%& 1"1%&;.;., &/., &*,+%&!"*,:. &-(?+*1,+& ;+*,1")&0(&%0(('&5('3&#(-&#(&'&'0.;*'*&%0(('&5('3&/'&0(/("%&1"&)1;1)&'-&'#()*(%&%0(%%3&2%&:&-'&,4"01-&
%"0%).-1@%-+3&01#4"01:2%&/%'6'&!"*,,.&/')*+&#.51"%*'*(3&#.5;1)+&0%"&.&)(,%(&?,'0'*+&2%&0()#("0("*+&0(& )+1&:&0(/%"(&1"&*,'")5%6+*.,&0(&%0(%&%0("*%#(&#1&#."6%"1*1-1%&%0(%%&;,%5%*(8
#.51"%*+6%3&'/4"0&#'&)#.;&;,%"#%;'-&I0(/+,1-3&p%"(-(&2%&o,15.)1-&:&2*%%"6'&%"%6%'*%#+3&#,(0%"6'&!"& R0(('&',(&7.,6'&F(,.&'*4*'&*%5;&#4*&)(&'7-+&!"&)4"1-&5(13&0(.',(#(&.,%#(&%0((&#."6%"1*+&!"&#.,;1-&
C%/%"%*'*(&2%&',*'&:&'#(-&;.;.,&/'&7%&#1-*3&@.?'*&2%&;1*(,"%#3&01;+&#15&'&7.)*&';,.';(&0.1+);,(F(#(&5%%& 5(1&)'1&'-&.,%#+,1%&'-*&);%,%*3&"1&',(&;,%"&('&!")+2%&"%#%&.&#','#*(,%)*%#+8&!"0'*+&#(&%:'5&0'*&.&0()*%"'6%(&
0(&'"%&6','&2%&;.;.,1-&S?%;*1-1%&'"*%#3&)'1&*,(%&5%%&0(&'"%&5',('&2%&/(#$('&)%"',$%(&'&-1%&c'5'8 :&'5&$.*+,4*&)+&7'#+&.&'"15%*+&.;(,+&2%&'5&(5%):.&:&('&;-('#+&')(5("('&1"1%&?-."6&);,(&-.#1-&
I*4*'&/,(5(&#4*&/'&01,'&7.,5'&0(&/%'6+&1"0(&#."01#(,('&.&'1&01$1,%-(&!"*,1;'*(&0%"&F."'&'&R%:'3& 0()(5"'*&2%&7.,6'&(%&)(&0()7+2.',+&#."7.,5&/.%"6(%&2%&0.,%"6(%&5(-(8
7.,6'&(L(#1*%/+3&%',&7.,6'&01$1,%-.,&!"*,1;'*(&0%"&F."'&'&R:'3&'&;,(.6%-.,&#(,(2*%3&()*(&)(#1"0',+3&"1&/'& [.%3&.'5("%&*,1;(2*%3&?4"0%6%3&/.,@%6%&0(&0%5%"('6'&;4"+&)(','&2%&"1&2*%6%&#(&)+54"6+&)(5+"'6%3&#(&
;1*('&(L%)*'&.&/%'6+&#."7.,5+&#(-.,&.,4"01%*(&)1)8&U'%&#1,4"0&)'1&5'%&*4,F%13&'#()*(&;.;.',(&/.,& 7.,6(&,%)%;%6%&!"&);'6%18&H4*&0(&5%#+&()*(&.&%0((&;(&-4"?+&*,1;1-&/.)*,13&0',&#1&*.'*(&'#()*('&#4*&0(&12.,&
;%(,%8 0.@.',+ & '#(')*+ & ;',*%#1-+ & %"7%"%* & 0( & 5%#+ & 7%%"6' & /.')*,+ & *,1;(')#+8 & J%5%#1- & '#()*'3 & #( & F'#( & 0%"&
S?%;*1-&'"*%#3&6','&',%("%-.,3&)'1&'&#(-6%-.,3&',&7%&0+%"1%*&;4"+&'F%3&0'#+&.,0%"('&-.,&15'"+&0(& /(2"%#%(&!"&R"7%"%*3&()*(&5'*(,%'&;,%5+&#1&#',(&o%%"6'&;,%5+&'&#,('*&*.*1-&!"&#.)5.)8
?1/(,"',(3&#."7.,5+&#(-.,&#(,(2*%3&"1&):',&7%&,+)*1,"'*8&C()#$%0(6%&.#$%%&2%&;,%/%6%3&;("*,1&#+&'/(6%&1"& R0(%-(&(5%)(&0(&01$&;.*&7%&?-.'"6(-(&5%*,'-%(,(%&:&1#%?4"0&*.*1-&!"&0,151-&-.,3&.,%&;%#+*1,%&0(&
5%#&(L(5;-1&#$%',&'#15&;(&;+54"*3&!"&;.;.,1-&%10(18&R'*+&*'%"'&01,'*(%&)'-(&0(&5"&2%&51&0(&'"%8& @'-)'5&:&/%"0(#4"0&;(&#(%&@.-"'/%8
H."01#(,('&-1%&7%%"0&;,(.6(')#+3&,'@%"%#+8 H(('&#(&(&!"&-15('&".')*,+&()*(&2%&!"&'&/.')*,+8&T"&#1/4"*&"(#1?(*'*&'-&#1%/'&:&1"&@-()*(5&)'1&.&
/,'=+&:&/'&5(,?(&-'&0()*%"'6%(&2%&/'&0%)*,1?(&;(&#(-&/%F'*8&T"&#1/4"*&0(&1,',(&)'1&@%"(#1/4"*',(&/'&
$''',$''',$
15;-(&0(&7.,6+&2%&,(12%*+&;(&#(-&#+,1%'&%:'&7.)*&0()*%"'*8&R0(('&#1*,(%(,+&;,%"&);'6%13&%"*,4"0&2%&%(2%"0&
0%"&7%(#',(&("*%*'*(8&['%&0(&#(-&#',(&'&',1"#'*&!"&-15(&;,%5'&%0((&*%#+-.')+M
[,('1&'#15&)+:6%&);1"&#4*(&#(/'Z0();,(&(7(#*(-(&;,.01)(&0(&%0(%&')1;,'&".')*,+&2%&'&/.')*,+8&I5& !"&%"7%"%*'&K'&@1"+*'*(3&C%/%"%*'*('&'&0'*&;.)%@%-%*'*(&#(-1%&#(&'&?,(2%*3&(5%64"0&%0(%&*%#+-.')(3&)+&
);1)&#+&%0(('&()*(&5'*(,%'-+3&#+&(&.&5%#+&;',*%#1-+&-15%".')+3&#(&;-1*(2*(&#'&.&;1-@(,(&;,%"&);'6%13& "(1*,'-%F(F(&7.,6'&-.,8&!"*,:'0(/+,3&0'#+&#(-&?,(2%*&!2%&,(#1".'2*(&?,(2('-'&2%&)(&#+%&()*(3&(-&;.'*(&)+&
#.")*%*1%"0& ;,%5'&5'*(,%(3&;,%5'& 7.,6+3&0%":&#',(&2%&#1&#',(&):'1&'-#+*1%*&*.'*(&#,('6%%-(8&K;%,%*1-& (5%*+&'-*(&%0(%3&#',(&/.,&1,5+,%&;,%5(-(&%0(%&2%&-(&/'&'"1-'&7.,6'3&04"01:-(&'-*+&;.-',%*'*(3&'-*&#','#*(,3&
;.)(0+3&#'&.&#.5.',+&)74"*+&2%&)#15;+3&5%%&2%&5%%&0%"&'#()*(&;',*%#1-(:/%'6+3&)'1&%0(%8 #."*,',&#(-1%&%"%6%'-8&S-&'"1-('F+&')*7(-&%0(%-(&#',(&',&7%&7.)*&1"&7'#*.,&)*+/%-%*.,&'-&(/.-16%(%&!"&?("(,'-8&
I)*7(-3&;,(?+*%*3&/,('1&)+:6%&7'#&.&5%#+&-(#6%(&0(&;)%$.-.?%(&);'6%'-+8 c();.")'@%-&()*(&(5%6+*.,1-&0(&%0(%3&0',&,();.")'@%-&()*(&2%&;,%5%*.,1-&#',(&)(&*,'")7.,5+&!"&(5%6+*.,8&
P.*1-&'&7.)*&#,('*&0(&P'*+-&#(,()#&;,%"&%0(%&2%&0%"&%0(%8&S-(&!2%&'1&.,%?%"('&!"&-15('&"(#,('*+3&!"& c();.")'@%-&(&#(-&#(&'&!"0(5"'*&;(&#%"(/'&)+&.5.',(3&0',&,();.")'@%-%&/.,&7%&2%&#(%&#(&/.,&';,.@'&
R"7%"%*1-&7+,+&#,('6%%8&R0(('&()*(&%0((&'*4*'&*%5;&#4*&F'#(&!"&#.,;1-&);%,%*1'-3&7+#4"0&;',*(&0%"&7%%"6'& '#()*&.5.,8
01$1-1%8&C(&!"0'*+&#(&'&7.)*&(5%)+3&('&"1&5'%&()*(&.&%0((3&#%&.&7.,6+8 C'#+&7%(#',(&.5&*,1;()#&',&#1".'2*(&#(('&#(&2*%5&".%3&;+54"*1-&',&7%&1"&,'%8&C',&C.5"1-&"1&/,('&
!"&0(7%"%*%/3&".%3&01$1,%-(3&)1"*(5&@'*(,%%&0(&7.,6(3&#'&0(&'-*7(-&2%&/.%8&C',&;(&#4"0&".%&)1"*(5& )+&%&)(&0('&.51-1%&*.*1-&0(:'&?'*'3&#%&*,(@1%(&#'&(-&)+&)(&#+-(')#+&;,%"&?,(2(-%&2%&01,(,%3&#'&0%"&/('#&!"&
7.,6( & #."2*%("*(3 & /.% & )1"*(6% & 7.,6( & .',@(3 & "(2*%1*.,% & 0( & 7.,6' & 0( & #',( & 0%);1"(6%8 & J.% & 2*%5 & )+ & "(& /('#&)+&0(/%"+&5'%&#1".)#+*.,&'-&.,0%"%%&)*'@%-%*(&0(&P'*+-&!"&1"%/(,)&:&@%"(#1/4"*'*&7%(&J15(-(&K+13&
!"*,(@1%"6+5&7.,6(-(&2%&#1".'2*(5&,(F1-*'*(-(&.@6%"1*(&;,%"&(-(8 !"&/(#%8&I5%"8
VW_ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"&?(, VWU

I0(/+,1-&!2%&',(&?,'0(-(&-1% a'5("%%&*,1;(2*%&*,+%()#&;(&;+54"*&!"&?,1;(&5'%&5',%&)'1&5'%&5%#%3&/.,@%"0&7%(#',(&-%5@'&-.,&
;,.;,%(8&H1/4"*1-3&!"&.,%#(&-%5@+&',&7%&(-3&'#.;(,+&#1&/%@,'6%%-(&)'-(&1"'&2%&'#(('2%&%0((8&C(&(L(5;-1&
#1/%"*(-( &72*$(,/&7'*(,/&J1%*(,/&7(,( &)1"*&7.,5(&).".,(3&#',(&'#.;(,+&1"'&2%&'#(('2%&%0((A&5'5+8&
H4"0 & ):' & 7+#1* & .53 & N1/(,"'*.,1- & ".)*,1 & ).-', & ' & 0'* & #$(%' &I0(/+,1,%-., & #(,(2*% & !" & 54%"%-(& a'5("%%&*,1;(2*%&/.,@()#&;(&;+54"*&0%7(,%*(&-%5@%8&J.%3&01$1,%-(3&/.,@%5&1"'&2%&'#(('2%&-%5@+A&8%7A'&
!"*(5(%(*.,%-.,&@%)(,%#%%&#,(2*%"(3&0',&*,(;*'*3&!"&0(#1,)1-&*%5;1-1%3&(-(&):'1&;%(,01*8&I#15&@%)(,%#'&"1& 1"%0(,)'8+&'&%5(%82,/&'&;2,7(82,&#',(&#2,()41"5&%5(%82,9
5'%&;.)(0+&0(#4*&#1".2*%"6(&(L.*(,%#(8&C%"&'#()*&5.*%/3&".%&#.51"%#+5&1".,'&0%"&'#()*(&'0(/+,1,%3& N,(1&)(&!"/'6+&.&-%5@+&'&;+54"*1-1%3&0',&#1&51-*&5'%&?,(1&)(&!"/'6+&8%7A'&;2,7(82,9&N,(1*'*('&
;("*,1&#'&)+54"6'&-.,&)+&"1&)(&;%',0+&#1&*.*1-&0%"&-15('&*,1;(')#+8&I2'&'&7.)*&!"&*.'*(&/('#1,%-(3&5'%& ;,./%"(&2%&0%"&7';*1-&#+3&!"&0(#1,)1-&*%5;1-1%3&#."6%"1*1-&7.,5(%3&'-&%0(%%3&*,(#(&;,%"*,:.&(/.-16%(3&
'-()&#4"0&)(&*,(#(&#+*,(&1"&)74,2%*&0(&#%#-18 '7-'*+&!"&,';.,*&#1&(/.-16%'&;-'"(*(%&1"0(&*,+%()#&("*%*+6%-(&);%,%*1'-(8
9,%"&1,5',(3&@%)(,%#'&#,(2*%"+&;,(0%#+&%"(L'#*%*+6%D&J13&0',&('&()*(&!"&51-*(&;,.@-(5(&!"&(,.',(3& [.,@%,('&.'5("%-.,&);'6%'-%&()*(&'#(('2%&;(&*.*&!"*%")1-&'*5.)7(,(%&7-1%0%#(&'&9+54"*1-1%3&0',&
"(5'%;+)*,4"0&-(?+*1,'&#1&H(,1-8 0%7(,+ & 0( & /.,@%,(' & !"?(,%-.,8 & C( & ')(5("('3 & /.,@%,(' & !"?(,%-., & ).-',% & ( & 0(.)(@%*+3 & #' & /%@,'6%(3 & 0(&
J1&*.'*(&01$1,%-(&0%"&-15('&".')*,+&#1".)#&*.*&'0(/+,1-8&J15'%&.'5("%%&F."(%&'&R:'3&#.,0."%F'6%%& /.,@%,('&!"?(,%-.,&;-'"(*',%3&2%&'2'3&0%"&*,(';*+&!"&*,(';*+3&1"0(-(&%0(%-.,&)(&)#$%5@+3&#'&2%&#."#(;6%%-(&
-15%%&#(,(2*%&#1".)#&*'%"(-(&-15%-.,3&#1".2*%"6(&(F.*(,%#(&)'1&)(#,(*(8&P.*'-%*'*('&-.,&7.,5('F+&2*%%"6'& #."6%"1*1-1%&-.,8
#,('6%%-.,Q&.&,'51,+&'&(%&()*(&7%-.).7%'&2%&1"&#';%*.-&'-&7%-.).7%(%&()*(&,(-%?%'8 T"&.5&);'6%'-3&0(&.,%#(&?,'0&',&7%3&/.,@%"0&1"1%&5(0%15&')%'*%#3&'7,%#'"&)'1&(1,.;('"3&/'&7%&
SL%)*+&.&5',(&0(.)(@%,(&!"*,(&7%-.).7%'&".')*,+&2%&'&/.')*,+8&o%-.).7%'&/.')*,+&()*(&)%"*(F'&2*%%"6(%& !"6(-()3&;("*,1&#+&(-&/'&B/.,@%E&);%,%*1-1%&5(0%151-1%&;,%"&?,'%1-&);'6%'-3&#',(&*,(#4"0&;,%"&)%)*(51-&
/.')*,(8&H15&2*%%"6'&/.')*,+&)(&@'F('F+&;(&#."#(;6%%&?,(2%*(3&,(F1-*+&#+&2%&7%-.).7%'&/.')*,+&(&?,(2%*+8& #(,(@,'-&'-&5(0%151-1%3&/'&!5@,+#'&7.,5'&-%5@%%&/.,@%*+&0(&(-&#'&.5&*,1;()#8&>%&/%#(/(,)'3&/.,@%"01:)(&
o%-.).7%'&".')*,+&)(&@'F('F+&;(&#1".2*%"6(&#42*%?'*(&;,%"&.@)(,/'6%%-(&2%&(L;(,%("6(-(&)1*(-.,&0(&5%%&2%& !"&,.54"(2*(&1"(%&("*%*+6%&#',(&!"&1-*%5'&)'&!"*,1;',(&'&7.)*&)%'5(F+3&('&/'&!"6(-(?(&0(.',(#(&#1/4"*1-&
5%-%.'"(&0(&'"%8&C',&*.*&2*%%"6'&".')*,+&"(&);1"(&#+&'-+*1,%&0(&'0(/+,&(L%)*+&2%&(,.',('8&R"&-15('& -%5@%%&,.54"(&!2%&/'&0(F@,+#'&).".,%*'*('&!"&)%)*(51-&#(,(@,'-&'-&5(0%151-1%3&,+54"4"0&"15'%&%0(('3&
".')*,+&'0(/+,1-&)(&)#.'*(&;,%"&0%)#16%%&#."*,'0%#*.,%%8&K(&;1"(&*(F'3&)(&'*'#+&#1&#."*,'.@)(,/'6%%&2%& #',(&7%%"0&'#(('2%&;("*,1&*.'*(&01$1,%-(&9+54"*1-1%3&/'&7%&!"6(-(')+8
#1".2*%"6(3&2%&0%"&#."*,./(,)+&!"&#."*,./(,)+&)(&'=1"?(&-'&'0(/+,8&p4=@4%"03&'=1"?%&.0'*+&-'&-15%"+8& 9.'*(&.51-&*,1;()#&)+&/.,@(')#+&.',(#15&-%5@'&01$1,%-.,D&C'8&>%&'"15(&#4"0&"1&/.,@(2*(3&#%&
K+&2*%6%&#+&I0(/+,1-&',(&2%&(-&?,'0(-(&-1%8&J.%3&01$1,%-(3&#4"0&0()*+%"1%5&#(-.,&5'%&5%#%&0(#4*&".%&0%"& 0.',&?4"0(2*(8&!"&'#()*&#'F3&(-&(5%*(&1"&?4"03&*.*&!"&-%5@'&-1%3&0',&%0(%-(&#."6%"1*(&!"&#1/%"*(-(&
'0(/+,1,%-(&1"%/(,)1-1%3&-(&);1"(5&"15'%&'*4*&#4*&()*(&;.*,%/%*&#1&?,'01-&-.,&0(&(/.-16%(8&>*%%"6'& ?4"0%,%%&)'-(&)1"*&#';*'*(&0(&01$1-&')%)*("*3&#',(&-(&/(0(&#'&2%&#4"0&',&'/('&!"&7'6'&)'&1"&01$&);'6%'-3&
1"%/(,)'-+&',(&#';%*.-(-(&2%&?,'0(-(&)'-(8&S'&!"#(;(&#1&7',('&3*%%".+&'&@;(,(%&#("*,'8(9&K(&#.@.',+&-'& "1&1"&!"*,1;'*8
#';%*.-1- &#1"23*%".(82,&)28',( &2%&)(&!"#$(%(&#1&'-&*,(%-('&#';%*.-3&,(7(,%*.,&-' &'5(0+,1,%8(&48'"(*',(9& 9.'*(&1"&01$&)+&/.,@(')#+&"15'%&01$1'-&1"1%&.5&*,1;()#D&C'3&;.'*(&)+:%&*,'")5%*+&%0(%-(&)'-(8&!"&
o%(#',(&0%"&'#()*(&*,(%&5',%&#';%*.-(&#1;,%"0(&.&)(,%(&"()74,2%*+&0(&?,'0(&0()#("0("*(&0(&#1".2*%"6(8& '#()*&#'F3&.51-&*,1;()#&"1&/'&#1".'2*(&%0(%-(&,(#(;6%."'*(&0(&);%,%*3&0',&)(&/'&;.5("%&?4"0%"0&2%&
H'&)+&-(&;.6%&'7-'&0(&-'&#(%&#(&-(&2*%13&2%&';.%&1,5+,%&2%&';,.71"0'3&*,(@1%(&)+&'=1"?%&-'&1"&'"15%*&?,'0& /.,@%"0&%0(%&;(&#',(&-(&#.")%0(,+&;(,)."'-(3&;(&#4"0&!"&,('-%*'*(&)1"*&%0(%-(&*,%5%)(&)'1&)1?(,'*(&0(&1"&
0(&(/.-16%(8 '-*&01$8&I#()*'&()*(&5(#'"%)51-&7(".5("1-1%&0(&*,'")5%*(,(&'&1".,&%0(%3&"15%*&0(&/.%&%");%,'6%(&)'1&
C,'?1-&5(13&/.%&5+)1,'6%&*(5;(,'*1,'&#1&*(,5.5(*,1-8&J.%&1,5+,%5&/%'6'&/(2"%#+3&!"/+64"0& )1?()*%(8&K1?()*%'&;.'*(&7%&7+#1*+&0(&-'&01$&-'&01$3&0(&-'&01$&-'&.5&!"*,1;'*3&0(&-'&!"*,1;'*&-'&!"*,1;'*&
?,'0(-(&I0(/+,1-1%8&U',%-.,&01$1,%&:&';.)*.-%&'%&C.5"1-1%&-%&):'1&0'*&!"'-*(&#1".2*%"6(3&;("*,1&#+& 2%&0(&-'&!"*,1;'*&-'&01$8
(,'1&-.#1%*.,%%&H(,1-1%&0(&0%"#.-.&0(&F."'&'&R:'&'&-15%%&15'"(8&C',&#$%',&2%&(%&'1&;,%5%*&#1".2*%"6(& G15('&%"/%F%@%-+&.&#."01#(&;(&#('&*,1;(')#+&;(&#'-('&)1?()*%%-.,8&R0(('&01$1-1%&-%@(,3&7%%"0&.&
0%7(,%*(3&;("*,1&#+&(,'1&0(&?,'0(&0%7(,%*(&!"&-15('&-.,&'"?(-%#+8 7.,6+3&/'&0(*(,5%"'&01$1-&!"*,1;'*&-'&'"15%*(&'#6%1"%3&5'%&'-()&#+&)+,5'"1-&"1&2*%(&#+&()*(&%"7-1("6'*&
I5&);1)&#+&(L%)*+&*,(%&5',%&#'*(?.,%%&0(&I0(/+,1,%A&<8&I0(/+,1,%-(&K7(,(%&0%/%"(Q&V8&I0(/+,1,%-(& 0(&1"&01$3&;("*,1&#+&"1:<&/(0(8
N-.@1-1%&).-',Q&X8&I0(/+,1,%-(&;-'"(*',(8&K74"*1-&C1$&()*(&0(6%"+*.,1-&#.5;-(*&'-&2*%%"6(%&,(7(,%*.',(& K;1"('5&#1&'-*+&.#'F%(&#+&0,(;*'21-&()*(&(?'-&!"&,'"?&#1&("*%*'*('&;(&#',(&.&'#.;(,+&#1&',%;'&
-'&/%'6+3&01$1,%&2%&0%7(,%*(-(&5'*(,%%&'-(&;-'"(*(%&;(&#',(&.&?1/(,"('F+8&S-&;.)(0+&2%&I0(/+,1,%-(& %1@%,%%&)'-(8&K*4"?'21-&()*(&.&("*%*'*(&5'%&!"'-*+&0(#4*&01$1-&!"*,1;'*&0(&#',(&);%,%*1'-5("*(&(&-(?'*3&%',&
).-',(3&0',&"1&-(&#1".'2*(&-'&;(,7(#6%(&;(&#(-(&'-(&P'*+-1%8&N1/(,"'*.,%%&).-',%&#1".)#&I0(/+,1,%-(& #(-:0(:#,(2*(* & ()*( & 2% & 5'% & !"'-*8 & !" & #'-%*'*(' & )' & 0( & (?'-3 & 0,(;*'21- & ()*( & %1@%*.,1- & !"*,1;'*1-1%8 & H'&
P'*+-1%8&C%/%"%*'*('&".')*,+&).-',+3&#4"0&):'&7+#1*&.53&'&);1)&1#("%#%-.,&K+%A&iC,(#17&J6'&!"0+.'*& )1;(,%.,3&)*4"?'21-&/'&/("%e&-4"?+&;1;%-&"15'%&!"&5.5("*(-(&-1%&?,(-(8
d'*+8&J(1/&'3'&;'#9&>',&"%#%&4(&J%"(&"1&J6'&!"0+.'*&d'*+8&*2*/&3%&R1&7'%&'7&!"#+&718*(&5(&!"0+.'* & K+&-1+5&1"&(L(5;-18&!"&0()*%"1-&1"1%&!"*,1;'*&()*(&*,(#1*&#'&(-&)+&1#%0+&;(&1"&)(5("&'-&)+18&
5%"&7',('&#',*(&'&F5(0+,181%&)'1&m*%%".'&3*%%".(82,k9 BH15&1#%0(,('&;.'*(&7%&#-'1F'&0()*%"1-1%&#1%/'DE&/+&/(6%&!"*,(@'3&5%,'6%8&C'3&;("*,1&#+&(&1"&01$&
P.6%&0%"&-15('&".')*,+&#,(0&#+&;.)(0+&#(/'&0%"&'#(')*+&>*%%"6+&'&2*%%"6(-.,8&J%#%&1"1-&"1&/,('&)+& (L(#1*.,&2%&/(6%&/(0('&#',(&1#%0(,(&()*(&;(0(;)%*+&2%&#',(&"18
);1"+&#+&"1&2*%(&"%5%#8&C(&'#(('3&';.)*.-%%&C.5"1-1%&'1&#+1*'*&)+&;1"+&!"&?',0+&;(&@1"%%&#,(2*%"%3&)+& I&).)%*&F%1'&#4"0&*.'*(&!5;,(=1,+,%-(&-:'1&'01)&;(&!"*,1;'*&;4"+&-'&;1"#*1-&(L(#1*+,%%&'#()*1%&'#*&'-&
7%( & #1 & @+?',( & 0( & )('5+ & #( & 7(- & 0( & 01$ & -( & /.,@(2*(3 & 0'#+ & ()*( & 1" & 01$ & -15%"'* & .,% & ()*( & 0%" & #(-(& 0()*%"1-1% & )+18 & C,(;*'21-3 & #1".)#4"01:% & ;(,7(#* & ;,.?,'51- & 0()*%"1-1%3 & !% & );1"( & ".';*('A & BI& ).)%*&
%"7(,%.',(3 & #',( & ;.'*( & 7'#( & #$%', & B5%"1"%E3 & 0', & "1 & 2*%( & "%5%# & 0%" &I0(/+,1,%-( & #(,(2*%8 & H,(2*%"%%& 5.5("*1- & )+ & 7'#% & #( & *(:'% & .@-%?'* & )1)8 & P,(@1%( & )+ & 7%% & %")*,15("*1- & =10(#+6%% & -1% & W(08 & H' & );%,%*3&
).#.*('1&')(5("('&01$1,%&#'&7%%"0&0(&-'&0%'/.-8&C1;+&2*%%"6'&".')*,+3&0%'/.-1-&()*(&1"&);%,%*&'7-'*&!"& !"*,1;'*1-&W(0&*(&#$('5+3&*(&'2*(';*+3&)+&/%%&2%&)+:%&(L(#16%&.)4"0'&'##(;*'*+&)1)3&;("*,1&#+&'&?,(2%*&2%&'&
(,.',(3&0%"&;1"#*1-&0(&/(0(,(&'-&I0(/+,1-1%3&#1".)#4"0&?,(2%*&'0(/+,1-Q&2%&(-&()*(&0(&-'&P'*+-3&0',&"1& 1#%)&;(&1"&)(5("3&g.*+,+2*(:*(&.0'*+8&P(:'%&.@-%?'*3&7%%"0&7.,6'&(L(#1*%/+&'&H(,1-1%8&g'%3&*%5;1-&'&
#1".'2*(&I0(/+,1-8&S-&%'&(,.',('&0,(;*&'0(/+,8 ).)%*8E&H'&.5&*,1;()#3&!2%&'5%"*(2*(&0(&=10(#'*+3&0#%#"+3&0(&;+,(,('&-15%%3&E2&#."2*%%"6'&)'&2%&"1&/,('&
I#15&'5&)+&/+&);1"&#(('&#(&C.5"1-&":'&/,1*&)+&,+);1"0+&-1%&9%-'*A &F5(0+,18&()*(&m*%%".'& )+&1#%0+8&R0(('&)4"?(-1%&/+,)'*&!-&!"?,.F(2*(8&!"&5.5("*(-(&0(&,(F%)*("6+&'-(&!"*,1;'*1-1%3 &0,(;*'21-&
3*%%".(82,9&d'*+8&#14,%"5(&!"&@%"(&*2'*+&3*%%".'&5()4,(&24(,'&@'/&5()4,(&1"%0(,)1,%8(&#,('*(9 #$('5+&;(&)*4"?'2&)+:<&'=1*(8&I#()*'3&).)%*3&!"#(;(&2%&(-&#1&)1?()*%%-(A&Bo,'*(3&'&).)%*&#(')1-3&0(&#(&"1&
(L(#16%&#(('&#(&6%&):'&;1)&!"&0()*%"DE&Ba7&:&F%#(&!"*,1;'*1-&:&0(&1"0(&!5%&/%"&!"&5%"*(&')(5("('&%0(%3&
0(&'&1#%0(&;(&W(0DE&R',&)1?()*%%-(&#(-.,&0.%&/(?$(*.,%&"1:<&)-+@()#&0(-.#8
C()*%"1-&#1".)#1*&0(&*,(%5('&0(&/(?$(*.,%&!"'%"*(&0(&!"*,1;',('&.#,.*%*1-1%3&()*(&1,5+,%*&0(&0,(;*'2&2%&
S/.-16%'&%0(%-., )*4"?'23&;("*,1&#'&'#153&-'&#(')1-&$.*+,4*3&)+&7%(&(L(#1*'*8&BH(&*(:'%&.@-%?'*&)+&7'#%3&7+M&H(&*(:'%&
.@-%?'*&)+&',%3&',+M&H(&*(&*.*&#.0(2*%DE&C%"&F%&!"&F%3&#,(2*(&1,'&(L(#1*.,1-1%&7'6+&0(&W(08&9,%"&5%"*(&!%&
*,(#(&$.*+,4,('&0(e&':<&)1;,%5'8&!"*,:.&F%3&"(5'%;1*4"0&,(F%)*'3&#'&!5;%")&0(&1"&,().,*&;1"(&54"'&;(&
H1&.&'-*+&.#'F%(3&6%:'5&(L;-%#'*&#15&#.51"%#+5&".%8&C',&/.%&#15&#.51"%#'6%D&[.,@%6%&)#.64"0& #16%*&2%:<&1#%0(8&!"&5.5("*1-&$.*+,4,%%&'#6%1"%%3&).)(2*(&#'&71-?(,1-&("*%*'*(':0(:#,(2*(*&'&(L(#1*.,1-1%3&
)1"(*(&2%&)15'&-.,&!"/+-1%(&.&#1?(*',(8 ;,(#15&2%&#('&'&/%#*%5(%3&'5@%%&;,(F%04"0&(/("%5("*1-&(L(#1*+,%%&x10(#+6%%&0%/%"(8&Ba5.,M&K:'&#.5%)&
T,(#$('&/.')*,+&:&F%#(6%&/.%&:&#';*('F+e)1"(*(-(&2%&#1&'=1*.,1-&)%)*(51-1%&#(,(@,'-3&'7-'6%&0();,(& .&#,%5+ME&6%;+&!"*,1;'6%%3&F%1'8&9.-%6%'&(&;1)+&!"&5%2#',(&%',&7+;*'21-&(&#+1*'*3&;,%")3&!"#$%)&2%&=10(#'*8&
#(('&#(&/+&/.,@(2*(&%"*(,-.#1*.,1-&/.)*,18&!"&,('-%*'*(3&)1"(*(-(&)(&.;,()#&-'&)%)*(51-&#(,(@,'-3&%',& BH%"(&',&7%&;1*1*&#,(0(&:&);1"&1"%%&:&#+&'#()*&.5&@1"3&5%-.)3&5%(-1-&-1%&C15"(F(13&/'&0(/("%&!"*,:.&F%&
%5'?%"%-(&)'1&7.,5(-(&%0(%-.,&)*,+@'*&5'%&0(;',*(3&;,%"&;(,%);%,%*3&;4"+&-'&)#4"*(%(3&#',(&%'&#1".2*%"6+& 1"&1#%?'2D&I#15&2*%5&#+&(,'&1"&#'"0%0'*&'-&.#"(%ME
0(&(-(8&K15'&%5'?%"%-.,&)'1&7.,5(-.,&%0(%%&7.,5('F+&.&7,'F+3&%',&1"&2%,&0(&7,'F(&'-#+*1%()#&.&#1?(*',(& C',&".%3&#1".)#+*.,%%&'0(/+,1-1%3&);1"(5A&#,%5%"'-1-&"1&()*(&"%#%&01-#(-(&5%(-3&"%#%&')')%"Q&(-&
0();,(&1"&)1@%(#*&.',(#',(8 ()*(3&!"&'#()*&#'F3&0.',&1"&);%,%*&!"*,1;'*3&0%"&F."'&'&R-:'3&'-@')*,+3&'&7.,6(%&(L(#1*%/(&0(&)1)8&o+;*'21-
VWV >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"&?(, VWW

'&7.)*&0()(5"'*&)+&(L(#1*(&.&)("*%"6+&0'*+&0(&)1)3&'##(;*'*+&0(&(-&2%&0(&/%#*%5'&#',(&'&1#%)&2%&('& 0(&;(&,+@.=1-&/%(6%-.,&)'-(&'"*(,%.',(8&['&)17(,%&'5',"%#&!"&'#()*(&5',%&;,(7'#(,%&2%&5%2#+,%&).#%'-(3&
#4"0/'8&I2'0',&;("*,1&H(,&#'F1-&'#()*'&"1&()*(&1"&.5.,3&#%&!"0(;-%"%,('&1"(%&5%)%1"%8 0',&/'&'#$%*'&51-*(&0%"&?,(2(-%-(&"(-%#$%0'*(&'-(&*,(#1*1-1%8&c(F1-*'*1-&/'&7%&-%5;(F%,('&)%*1'6%(%&)'-(&
G(?%-(&H(,1-1%&*,(@1%(&;+F%*(8&H4"0&1"&01$&#.@.,4*&!"&*,1;&'&.5.,4*3&-(?('&#(,(&;(0(';)'8&9("*,1&'& #'&);%,%*&2%&!"+-6',('&)'&!"*,:.&/%'6+&*(,()*,+3&#4*&!"&2';*(8
#1".'2*(&(L'#*&#(&!")('5"+&)+&)%-(2*%&1"&);%,%*&)+&;+,+)(')#+&@,1*'-&2%&!"'%"*(&0(&/,(5(&*,1;1-&)+13& I#15&,(/%"&-'&#(-(&*,(%&7.,6(8&C,(;*'21-&()*(&5'5'&%1@%*.',(3&0.,%"0&;1;%-1-1%&)+1&#(-&5'%&5',(&
7.)*1- & #,%5%"'- &()*( & #."0'5"'* & )+ & *,('#+ & ;,%"& '#(('2% &)17(,%"6+ &2% &!"*.',#(,( & ?,'@"%#+ & 0%" & -15('& @%"(8&!5;-%"%,('&!"*.#5'%&'&0()*%"1-1%&;1;%-1-1%&)+1&/'&7%&5(,%*1-&0,(;*'21-1%&2%&;(&'#(')*+&#'-(&/'&;+2%&
*,1;(')#+&!"&#('&H(,(')#+3&7+,+&)+:%&5'%&7%(&-+)'*&,+?'F1-&0(&'&)(&@1#1,'&0(&@1"1,%-(&-15%%&*(,()*,(8&T"& 2%&(-&5'%&)1)8&K*4"?'21-&()*(&2',;(-(&'5+?%*.,&#',(&'&"(".,.#%*&:&-'&7%?1,'*&:&;(&I0'51-&)%5@.-%#8&S-&
#%*%*.,&'-&'#()*.,&,4"01,%&):',&;1*('&,(/.-*'A&BH15D&01$1,%-(&;,.;./+01%()#&2%&!"0('5"+&;(&1"&@%(*& "1&,+);1"0(&0(&,(F1-*'*1-&2.';*(-.,&)'-(8&c.-1-&)*4"?'21-1%&()*(&%"?,'*A&0(&'&7%&7.,6'&;.*,%/"%#+&;+,(,%%&
!"*,1;'*&%"#."2*%("*&)+&.5.',(&2%&0(#%&)+&!"#'-#(&G(?('&P'*+-1%DE 0,(;*'21-1%3&0',3&!"&7."03&(-&()*(&1"&);%,%*&#(&!2%&0(';+"+&7%,1-&(/.-16%(%&;(&#+,',('&#('&0,(';*+&'&-(?%-.,&
J13&-15('&.'5("%-.,&);'6%'-%&:&2%&!"&);(#%'-&#(%&0%"&F."'&'&R:'&:&'1&.&"();1)+&%1@%,(&7'6+&0(&7,'6%%& #(,(2*%8&o.,6'&)1;,(5+3&0(:#,(2*(*3&0("15%*+&2% &*'*+/ &0+&@%"(#1/4"*',('&)'&*1*1,.,&'#*(-.,&7+#1*(&0(&
-.,&5'%&5%#%3&0',&!"&'#(-'2%&*%5;&2*%1&#+&;+F%,('&-(?%-.,&(&?','"6%'&.,0%"%%&2%&@'F'&;,.?,()1-1%8&N,(2('-'& !"*,1;'*3&;,(/+F1*(&!"&#',*('&0()*%"1-1%&)+18&I)*7(-&#+&)+,5'"1-&);%,%*3&*,')&0(&.&;',*(&2%&0(&'-*'3&!2%&
*,(@1%(&%);+2%*+&2%&!"&?("(,'-&;-+*(2*%&#1&#(&'%&;+#+*1%*8 #$%"1%(&)#4"*(%'3&#'&)+&'-('?+&).-16%'&#('&5'%&@1"+8&G%@(,1-&)+1&',@%*,1&!-&;.'*(&01#(&;(&#+,',('&#('&
9,%"&1,5',(3&#,%5(-(&)1"*&0(&0.1+&7(-1,%A&<8&-(?'-(&:&0%"&.,0%"Q&V8&%-(?'-(&:&7+#1*(&0%"&"().#.*%"6+8& @1"+&.,%&!-&;.'*(&0(*(,5%"'&)+&%'&;(&1"'&0%"&#+,+,%-(&-+*1,'-"%#(8&C',&*.#5'%&0%"&'#()*(&7,+54"*+,%3&
H,%5'&-(?'-+&"1&()*(&7+#1*+&0%"&%")*%"#*1-&,+1&'-&.51-1%3&#%&;("*,1&#+&'&7.)*&!5;%")&-'&)+/4,2%,('& !"#(,#+,% & 2% & ?,(2(-% & : & 0(:' & -1"?1- & /('#1,%-.,3 & 0%" & !"*,1;',( & !" & !"*,1;',( & : & );%,%*1- & 7'#( & 2#.'-+3 & )(&
'#()*1%&'#*3&0%#*'*&0(&=10(#+*.,%%&)+%=)1;,(5%8&K:',&;1*('&.@%(#*'A&BC(&#(&*,(@1%(&)+&)17(,(&(L(#1*'"*1-3& %-15%"('F+3&!"6(-(?(&I0(/+,1-&2%&!"/'6+&-(?%-(&#(&?1/(,"('F+&1"%/(,)1-8
0'#+&%&):'&%5;1)&'#(')*+&#,%5+DE&!"*,1;'*1-&;1"(&'#(')*+&!"*,(@',(3&0(.',(#(&"1&#1".'2*(&*,(#1*1-&
(L(#1*'"*1-1%3 & #',( & /' & %"*,' & -' & .#"+ & 2% & /' & )17(,% & ;("*,1 & ':2% & ;-+*% & ?,(2(-%-( & 7+#1*( & !" & *,(#1*8 & J1&
!"*45;-+*.,&%&):'&0'*&'#(')*+&5%)%1"(3&;("*,1&#+&()*(&1"&/%"./'*3&!"#+-#4"0&-(?%-(&0%/%"(&#'&);%,%*&2%&
!"*,1;'*8&S-&/'&)17(,%3&'#$%*4"01:2%&.&;.-%6+&0%"&*,(#1*3&2%&!"&'#(-'2%&*%5;&/'&1,#'&.&*,(';*+&5'%&)1)3& H'1F'&2%&(7(#*1-&#.,();1"F+*.,
;("*,1&#+&'&)-1=%*&H(,1-&-'&!"0(;-%"%,('&x1)*%6%(%&0%/%"(8
C,(;*'21-&/'&)*'&F%1'&-'&0,(';*'&;1;%-1-1%&)+13&0(&-'&"'2*(,('&2%&;4"+&-'&5.',*('&)'&@%.-.?%#+8&S-&"1&)(&
/'&'2(F'&"%#%.0'*+&-'&)*4"?'&-1%3&2%&5'%&'-()&-'&#,(2*(*8&C'#+&0,(;*'21-&)(&!"0(;+,*('F+&-'&.&0%)*'"6+& I/4"0&!"&/(0(,(&';,.;%(,('&1"1%&#%#-1&0(&!"'-*+&);%,%*1'-%*'*(3&".%3&01$1,%-(&-15%%&)1;(,%.',(&'-(&
.',(#',(&0(&.#,.*%*1-&)+13&%(2%"0&0%"&',%'&-1%&5'?"(*%#+3&)(&;.'*(&'2(F'&2%&-'&)*4"?'&;1;%-1-1%&)+18&!"& 9+54"*1-1%&'5&#,('*&%#%:#.-.3&;(&)1;,'7'6'&;+54"*1-1%3 &#(,#1,%&)4%,%*1'8(/&#(,#1,%&5(&,(0(8'.%(&3% &
#'F1-3 & '#()*' & 0,(;*'21- & "1 & 5'% & ;.'*( & '#6%."' & !" & "%#% & 1" & 7(- & ')1;,' & %1@%*1-1% & )+18 & C,(;*'21- & (& %"%.%(,(/&0(&1"0(3&')(5("('&1".,&7',1,%3&,'0%'F+&-15%"'&!"&@(F"'&%?".,'"6(%&!"&#',(&*,+%(2*(&-15('8
!"0(;-%"%*.,1-&0()*%"1-1%&;1;%-1-1%&)+13&%',&)*4"?'21-&(&#.")*,4"?+*.,1-&0()*%"1-1%&)+18&!"*,1;'*1-&()*(& J.%3&#(%&0(&)1)3&#,(+53&;-+"1%53&.,4"01%5Q&%',&/.%3&#(%&0(&=.)3&!5;-%"%6%3&(L(#1*'6%&#(-(&$.*+,4*(&
).-%#%*'*3&;./+61%*&0(&0,(;*'2&!"*,:1"&7(-3&)*4"?'21-&;.'*(&)+:<&)7+*1%')#+&!"*,:'-*&7(-&2%&@%(*1-&!"*,1;'*3& 0(&".%8&J.%&)1"*(5&?("(,'*.,%%&1".,&#'1F(Q&/.%&)1"*(6%&%")*,15("*(-(&".')*,(&2%&/(6%&#1-(?(&(7(#*(-(&
)*4"0&"(015(,%*&!"*,(&'54"0.%3&)(&$.*+,+2*(&#4"0&#."7.,5&#(-.,&)1)6%"1*(&0(&0,(;*'23&#4"0&01;+&#(-(& #(-.,&0.,%*(&2%&;.,"%*(&0(&".%8
)1?(,'*(&0(&)*4"?'23&%',&'-*(.,%&"%#%&01;+&1"1-3&"%#%&01;+&'-*1-3&#%&#."7.,5&-%@(,1-1%&)+1&',@%*,18&H4"0& 9(&*%"(3:&7,'*(3&*(:'5&'-()&)+&7%%&%")*,15("*1-&".)*,13&;("*,1&#+&)1)&-'&".%3&'%&;,%5%*&#1&@1#1,%(&
1,5('F+& !"0(5"1-&0,(;*'21-1%3&(&;(&#'-('&0()*%"1-1%&)+18 &H4"0&')#1-*+&0(& 2.';*'&)*4"?'21-1%3&/'& 5%)%1"('&0(&'&7%&/()*%*.,1-&".)*,18&C'#+&;,%"&-%@(,1-&*+1&',@%*,13&'%&0(F(,*'&0(&-'&!"0'*.,%,('&'##(;*'*+&
'#6%."'&!"&'7','&#(-.,& ;,(/+F1*(&!"&0()*%"1-& )+13&0',&/'&'/'")'3&!")+3&0(&#(-(& 5'%&51-*(&.,%& ;,%"& 2%&0(&H(,&@%"(#1/4"*'*+3&5',(&2%&?,('&,+);1"0(,(&',&#+0('&')1;,'&*'8&z%:'%&')15'*&.&5',(&,+);1"0(,(&
)17(,%"6+8 .&0'*+&#(&'%&'##(;*'*&)+&7%%&;,.5.*.,1-&#'1F(%&".')*,(3&-'")4"0&!"&-15(&.&%0((A&"(71,%,('&)4%,%*181%&3%&
C,(;*'21-&',(&,();.")'@%-%*'*(&7'6+&0(&o.,1-&)1;,(53&0'#+&0%#*('F+&'-*#(/'&;1;%-1-1%&)+13&!"&'7',+&0(& 0(3"%#'&81%&!"*,14',(/&4("*,1&%")*,1%,('&3%&(0281.%'&27181%&!"&0(3"%#%(9
0()*%"8&K*4"?'21-&"1&',(&'#(')*+&,+);1"0(,(8&S-&()*(&)1;(,%.,&!"*,1;'*1-1%&2%&!%&;.'*(&;,.;1"(&'#6%1"%&!"& H%"( & "1e & ;,%5(2*( & )+ & 0(/%"+ & ;,.;./+01%*.,1- & ".)*,13 & !" & -15(' & *(,()*,+3 & "1:2% & ')15+ & "%#% & .&
'7','&0()*%"1-1%&)+13&7+,+&)+&7%(&,();.")'@%-3&!"*,1#4*&%"*("6%'&%:'&7.)*&)+:<&!5;%"?+&5'%&,(;(0(&;(&#'-('& ,+);1"0(,(8&!")+&*1&'%&)#,%)&2%&'%&/.,@%*8&C(&'#15&!"'%"*(3&)-+/(2*(&;(&P'*+-&'*.*#,('*.,8
;,.?,()1-1%3&0',&#'&.5&*,1;()#&;.'*(&)+&'%@+&"(;-+#(,%&;("*,1&'#()*&#42*%?&);%,%*1'-3&!"&*.'*(&5',%-(&-1%& H'&)+&*(&-+51,()#&2%&5'%&@%"(3&!6%&/.%&/.,@%&0();,(&#'1F'&2%&(7(#*1-&)+1&#.,();1"F+*.,3&7%(&!"&@%"(3&
'#*(3&.51-&*,1;()#&/'&7%&!").6%*&0(&*,(%5%#'&7.,6+&0+,1%*+&0(&P'*+-8&H4"0&)(&"'2*(3&)(&#+)+*.,(2*(3&"'2*(& 7%(&!"&,+18&H'1F'&()*(&0(F-+"61%,('&1"(%&'#6%1"%&)'1&)(,%%&0(&'#6%1"%8&S7(#*1-&()*(&,.01-&'#()*.,&'#6%1"%8&
#.;%%3 & !% & 5.',( & ;+,%"*(-(3 & *,(#( & ;,%"*,:. & ?,(' & 01,(,( & )'1 & !"#(,#',(3 & /' & /("% & 2% & #(-:0(:#,(2*(*3& H'1F(-(&)1"*&0(&0.1+&7(-1,%A &4(,)2"'8( &2% &41A8%#(9 &H'1F(-(&;(,)."'-(&)1"*&;,./.#'*(&0(&1"&)%"?1,&
;,(2(0%"*(-(&*,(%5%#(%&7.,6(3&#'&)+&')%)*(&-'&'#()*(&'#*(&0()*%"%'-(8 %"0%/%03&%',&#(-(&;1@-%#(&)1"*&;,./.#'*(&0(&.&#.-(#*%/%*'*(&0(&%"0%/%F%8&S7(#*1-&#'1F(-.,&;(,)."'-(&/'&
a&0'*+&7%L'*3&0()*%"1-&*,(@1%(&(L(#1*'*&#1&.,%#(&;,(68&SL%)*+&#'F1,%&(L*,(5&0(&,',(3&#4"0&0()*%"1-& '/('&(#.1&;(&.&',%(&5'%&,()*,4")+&2%&!"&?("(,'-&"15'%&')1;,'&1"1%&%"0%/%08&S7(#*1-&#'1F(-.,&;,./.#'*(&
;.'*(&7%&)*,%#'*8&C(&(L(5;-1&1"(-(&7';*(&.5("(2*%&*%#+-.')(&:&5'?%(&"('?,+&:&;.*&*+%'&7%,1-&0(;'"+,%%& 0(&.&#.-(#*%/%*'*(&/.,&'*,'?(&!"&/4-*.',('&-.,&.&)15+&5'%&5',(&)'1&5'%&5%#+&0(&%"0%/%F%8
0()*%"1-1%&#1%/'8&C(&')(5("('3&1"&.5&"1&5'%&;.'*(&)1;.,*'&01,(,%-(&;,(/+F1*(&!"&0()*%"1-&)+13&2%& H'1F'&()*(&*.*0('1"'&-(?'*+&0(&(7(#*8&J1&(L%)*+&#'1F+&7+,+&1"&(7(#*8&a,%#(&(7(#*&'&7.)*&;,./.#'*&0(&
04"01:2%&)('5'&#+&2%:'&-1'*&;,('&5',%&)',#%"%&)(&,.'?+&7%(,@%"*(&H(,1-1%3&#'&.&;',*(&0%"&(-(&)+:%&7%(& .&#'1F+8&I2'0',&#'1F'&2%&(7(#*1-&)(&;.*&#.5;','&#1&1"&#%,#1%*&(-(#*,%#3&)%5@.-%F'*&!"&'"*%#$%*'*(&0(&1"&
,%0%#'*(&!"&'#(')*+&/%'6+3&2%&'54"'*(&;("*,1&'-*+&/%'6+8&H."01#+*.,%%&'#()*1%&%"0%/%0&;.*&#(,(&o.,1-1%& 2',;( & : & T,.@.-1) & : & 512#4"01:2% & #.'0'8 & H';1- & 2',;(-1% & ,(;,(F%"*+ & %"*(-%?("6'3 & #'1F'3 & *,'")5%)+&
)1;,(5&'-&9+54"*1-1%&)+&';,.@(&#(,(,('&-1%&7%(,@%"*(3&5.0%7%#4"01:%&0()*%"1-8 5(0%1-1%&'5@%'"*&;,%"&*,1;1-&)+1&)%5@.-%#Q&';.%3&#'&1,5',(&'&01,(,%%3&!2%&512#+&#.'0'3&(L;,%54"0&
a&)#$%5@',(&0(.)(@%*+&',(&-.#&!"&0()*%"1-&1"1%&%"0%/%0&#4"0&)(&)#$%5@+&0()*%"1-1%&6+,%%&1"0(& (7(#*1-&#'1F(%&;1)+&!"&'#6%1"(8&C1;+&#(&'&#%,#1-'*&;,%"&-15(3&#'1F'&)(&!"*.',#(&-'&#';1-&#',(&'&;,.01):
/%(61%(2*(&#'&.5&*,1;()#8&C'3&2%&0()*%"1-&"('51,%-.,&2%&'-&6+,%-.,&)17(,+&)#$%5@+,%&!"&#'F1,%&7.',*(&,',(3& .3&)17(,%"0&01,(,('&)%56%*+&!"&#.'0+3&0%"&#',(&#'1F+&.&512#+8
#(,1*(&0(&!"?(,%%&#."01#+*.,%&'%&'#(-1%&"('5&2%&';,.@'*&0(&K74"*1-&C1$&'-&9+54"*1-1%8 9,%"*,(&51-*(&'-*(&-(?%&'-(&-15%%&".')*,(&()*(&2%&'#(')*'A&K,%#(&#'1M+&4,251#(&1"&(;(#*9 &I#(')*+&
U.0%7%#',('&0()*%"1-1%&1"(%&?,1;+,%&).#%'-(&'01#(&;(,*1,@+,%&!"&0()*%"1-&%"0%/%01-1%&'#(-1%&"('58&!"& -(?(&.&#1".'2*(6%&2%&/.%3&0',&;(&1,5+*.',('&5'%&;16%"A&>14+&#(&#%,#18+&#E*0'&*%74&4,%"&817(/&2,%#(&
'#()* & #'F3 & ):', & ;+,(' & #+ & '/(5 & 0(:' & 7'#( & #1 & "(,();(#*',(' &2A8%-'.%%82, &P'*+-1%3 & 7'6+ & 0( & ("*%*'*('& #'1M+&)(&!"*2',#(&8'&(7%*("*18&(%9 &!"&1,5'&#(-.,&0.1+&-(?%&):'&"+)#1*&2%&'&*,(%'A &?'1M'&0'&4,251#( &
);%,%*1'-+&!"*,1;'*+8&S"*%*'*('&):'&=1,'*&#+&!2%&/'&!"0(;-%"%&.@-%?'6%%-(&-1'*(&7'6+&0(&G(?%-(&P'*+-1%3&!"& (;(#*18/&A1"&)'1&,+1/&4("*,1&#',(&'&;2)*&4,202#'*+9
7'6' & ,(;,(F("*'"*1-1% & K+1 & -(?'-8 & 9,%" & /("(,'@%-1- & K+1 & !5;1*(,"%#%*3 & P'*+- & ):' & .@-%?'* & 7'6+ & 0(& I2'0', & 7%6%&#1& @+?',(&0(& )('5+&-'&.,%#(& '#6%1"(3& /.,@+&)'1& ?4"0&0(:'-& /.)*,18 & o%6%&'*("6%&#+&
5%#,.)#.;%#1-7%,&0(&;,'7&'-&1"%/(,)1-1%&)+&"1:%&;1"+&"%#%&.&;%(0%#+&!"&0()7+21,',('&0()*%"1-1%&)+13& 0(F-+"61%6%&#'1F'&#',(&"1&2*%6%&#(&(7(#*(&/'&;,.01#(8
#',(e!-&/'&01#(&#1&1"&;')&5'%&0(;',*(&;(&0,151-&"(/+F1*3&#+*,(&RF/.,1-&0(&/%'6+&0(&1"0(&'&;-(#'*3&!"& a51-&2*%(&)+&;,.01#+&.&#'1F+3&0',&"1&2*%(&1,5+,%-(3&(7(#*(-(&(%8&C(&'%#%&,(F1-*+&!"#+&.&-(?(A&?'1M' &
#'F1-&5.0%7%#+,%%&0()*%"1-1%&6+,%%3&!"*,1;'*1-&/'&*,(#(&;,%"&?,(1*+6%&2%&)%*1'6%%&"(;,(/+F1*(&!"&0()*%"1-& ()*(&*2*5('1"'&)1A&02%".'&(7%*("*181%/&5',&2&5'*+&#(&'&;2)*&',1"#'*+&!"&817(/&)#'4+&5(&)1A&#2"*,2818 &
)+18&C(&(L(5;-13&0%"&@.?'*&/'&'=1"?(&)+,'#3&0%"&)+"+*.)&:&@.-"'/3&0%"&-%@(,&:&;12#+,%'2&(*#8&K:',&F%#(& 02%".(%&)'8(9
#+&H(,1-&"1&'&7.)*&0,(;*3&#+&;,%"&5.0%7%#',('&)%*1'6%(%&1"(%&6+,%&):'&)#$%5@'*&).',*'&1"1%&.53&#',(& 9,.01#+*.,1-&#'1F(%&;%(,0(&0(7%"%*%/&#."*,.-1-&#'1F(%&;,.01)(8&a&0'*+&;1)+&!"&5%2#',(3&#'1F'&)(&
!"'%"*(&0(&!"*,1;',(&!2%&7+#1)(&!"&H(,&1"&;-'"3&2%&'#15&*.*&;-'"1-&)+1&):'&);1-@(,'*8&C'3&()*(&!"*.#5'%3& 0()7+2.',+&'1*.5'*3&%',&(5%*("*1-&"1&/'&5'%&'/('&"%#%&.&;1*(,(&0(&'&.&5'%&.;,%&!"&5(,)1-&(%8&I2'0',&
0',&#.,.-',1-&)#$%5@+,%%&0()*%"1-1%&1"(%&5',%&#.-(#*%/%*+6%&0(&.'5("%&',(&0,(;*&#.")(#%"6+&%5;1"(,('& #'1F'&',&7%&(?'-+&#1&'#6%1"('3&%',&(7(#*1-&)*4,"%*&#.,();1"0(&#1&,('#6%1"('8
%"0%/%01-1%&:&;(&-4"?+&#(-(&'##(;*'*(&0(&(-&!"'%"*(&0(&!"*,1;',(&:&-'&!5;,(=1,+,%-(&/.%*(&0(&o.,6(-(& C(&51-*(&.,%3&(7(#*(-(&0()7+21,4"01:)(&!"&-15(3&0'1&"'2*(,(&-'&'-*(&(7(#*(3&0(/%"&-'&,4"01-&-.,&
)1;,(5(3&*.*&;(&@'F'&x1)*%6%(%&#(,(2*%3&7.,64"01:<&')*7(-&)+&'#$%*(&'#15&2%&'-*(&#,()*+*1,% #'1F(8&R',+2%&2%&%',+2%&/+&'/(,*%F(FA&`%.%&'*(".%&!"&*2*&#(&;'#(.%/&02,A%.%&)'1&-E"5%.%b
VWX >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&:&F&521'&#',*( ?271"%#+,%&5%"9&?(,
VWY

S7(#*1-&()*(&.&#'1F+&#',(&#%,#1-+8&C1;+&#15&#'1F'&',&7%&;1*1*&,+54"(&!"&#';1-&2',;(-1%&)%5@.-%#3& @1"1-1%:)%563&#.01-1%&5.,'-&2%&,(-%?%.)8&I#(2*%'3&01$1,%&!"*,1;'*(&,+*+#%*(3&"('?+&(L%)*("6'&1"(%&o.,*(&
/.%&#,(0(6%&#+&2%&(7(#*1-&',&;1*('&,+54"(&!"&#';1-&'-*1%&2',;(&;,%5%*.,8&S1&'7%,5&#+&"%#%.0'*+&1"&(7(#*& )1;,(5(3&#',(&'&7+#1*&*.*1-&2%&#."01#(&*.*1-8&S%&;,(*%"0&#+&/%'6'&.51-1%&()*(&,(F1-*'*1-Z&!"*45;-+,%%&'&
"1&,+54"(&!"&#(-&#(&<:'&;,%5%*8&9,%5%*.,1-3&-'&,4"01-&)+13&!-&*,'")5%*(&5'%&0(;',*(8&9,%"&1,5',(3& !5;,(=1,+,%-.,&/%(6%%&*,1;(2*%&2%&'-(&5(0%1-1%&).#%'-3&"(?4"0&(L%)*("6'&1"1%&;-'"&;,()*'@%-%*8&C(&
(7(#*1-&#%,#1-+&!"&-15(8 ')(5("('&'7%,5+&#+&?4"0%,('&.51-1%&(5'"+&0%"&#(-1-(-(&)%)*(51-1%&#(,(@,'-3&#'&2%&#15&;%(*,(-(&)'1&
K(&;.'*(&#'&(7(#*1-&)+&#%,#1-(&0.',&!"&)4"1-&7'5%-%(%&*'-(8&K(&;.'*(&#'&(-&)+:2%&7'#+&0,151-&;,%"& -1*1-&;.*(#%-.,&',&;1*('&(5%*(&%0(%&.5("(2*%8
.,'21-&)'1&6','&1"0(&*,+%(2*%8&SL%)*+&#'F1,%&#4"0&(7(#*(-(8;.*&1,5+,%&1"&#."*%"("*&)'1&*.*&;+54"*1-8 H(%&#(&?4"0()#&2%&!2%&#."01#&(L%)*("6'&#."7.,5&;,()#,%;6%%-.,&#."2*%%"6(%&-.,&'7-'*+&)1@&'1);%#%%-(&
C1;+&#(&.&#'1F+&'&#%,#1-'*&;,%"&-15(3&'#6%."4"0&2%&*,'")7.,54"0&*.*1-3&('&)(&!"*.',#(&')1;,'& 7,15.)1-1%3 & @%"(-1%3 & '0(/+,1-1% & 2% & =1)*%6%(%3 & !2% & 1,5('F+ & #'-(' & *,')'*+ & 2%Z0%#*'*+ & 0( & G(?%-( &P'*+-1%&
(5%*("*1-1%3&#',(&/'&)%56%&(7(#*(-(3&/'&!"?$%6%3&/'&)1;.,*'&/,4"0:"(/,4"0&#.")(#%"6(-(&#'1F(%&(5%)(8& #(,()#8&H(%&#',(&"('?+&(L%)*("6'&C%/%"%*+6%%3&'&x1)*%6%(%&0%/%"(&#',(&,(#.5;(")('F+&;(&#(-& @1"&2%&
C%"&'#()*&5.5("*3&(5%*("*1-&)(&)1;+,+&;("*,1&#+&"1:2%&,(#1".'2*(&.;(,'8&H'1F'&(5%)+&#4"0/'&'& ;(0(;)(2*(&;(&#(-&,+13&2%&#,(0&#+&/%'6'&.51-1%&)(&*(,5%"+&#1&;%(%,('&*,1;1-1%3&)1"*&;(&0,151-&,+*+#%,%%3&
#%,#1-'*&;,%"&-15(&2%&):'&0(7.,5'*&'*4*&0(&51-*3&!"#4*&'#15&#4"0&):'&!"*.,)3&(5%*("*1-&"1&.&,(#1".'2*(8& '-&%0(%-.,3&"1&0%'/.-(2*%3&#%&7'-)(8&a51-3&#'&1"%*'*(&!"&5',('&.;(,+&'&P'*+-1%3&()*(&0(='&;(&.&*,(';*+&
K(&5%,+&0(&(L(5;-1&#+&()*(&#'-.5"%'*3&#+&()*(&;+?1@%*&)'1&)17(,+&5.,'-5("*(3&7+,+&)+&)(&2*%(&/%"./'*8& !"'-*+&'&1"%*+6%-.,&2%&7.,5(-.,&0(&/%'6+&0%"&1"%/(,)8&9,%"&1,5',(3&)(&#1/%"(&#'&.51-&)+&#."*,%@1%(3&)+&
I2'&(&;("*,1&*.'*+&-15('&/.')*,+3&2%&1"(.,%3&2%&;("*,1&'&".')*,+8 -1#,(F(&!"&-15(&#."7.,5&;-'"1-1%&'-#+*1%*&0(&S-8
T"&.5&#15%"*(&5(0%*('F+&2%&'"'-%F('F+&.,%#(&(7(#*&;,%5%*&)'1&,()%56%*3&)+&/'0+&0'#+&"1&#15/'3& I5 & 5'% & );1) & 2% & '-*+0'*+A & %0(%-( & )1"* & ;',*%#1-( & %"7%"%*( & 5'*(,%'-(3 & 7%%"6( & /%% & #',( & (L%)*+ & 0%"&
!"&*,(#1*3&'&7+#1*3&/.,@%*&)'1&?4"0%*&#(/'&,+1&2%&'#15&#'1F'&#%,#1-4"03&#."7.,5&2*%%"6(%&H(,1-1%3&):'& (*(,"%*'*(8 & S-( & 15;-1 & R"7%"%*1-3 & 0', & "1 & )( & 5%2#+3 & "1 & -1#,('F+ & !" & 5(0%1- & -., & 0( & .,%?%"(8 &P'*+- & -(&
!"*.,)&-'&(-3&#'1F'*.,1-3&%"%6%'*.,1-&,+1-1%8 #$('5+3&-(&'@).',@(3&-(&;,(7'#(&2%&';.%&-(&(5%*(&0%"&)4"1-&K+18&C%"&'#(-&5.5("*3&%0(('&0(/%"(&.&7.,6+&
!"&-(?+*1,+&#1&'#(')*+&'"'-%F+3&5'%&(5%*&.&-(?(A&K,%#(&)14+,',(/&5(&2,%1"5(&.%6',&0("%/&)+&3*%%&#+& *,%5%)+&!"&-15(&#'&)+&;,.01#+&'"15%*(&(7(#*(3&)+&0(/%"+&%")*,15("*1-&I1L%-%',%-.,&P'*+-1%3&;("*,1&'&
()*(&24(,'&*'&4(,)2"'8+9 !5;%"?(&*.*1-3&);%,%*&2%&5'*(,%(&;(&#'-('&(/.-16%(%8&I2'0',&*.'*(&%0(%-(&(5'"+&0(&-'&P'*+-3&;,(#15&*.6%&
>',;(-(&)%5@.-%#&0%"&/('#1,%&'&(5%)&.&#'1F+&:&'&54"#'*&#(/'8&C1;+&#(&'&#%,#1-'*&;,%"&%"*()*%"(-(& .'5("%%3&*.'*(&01$1,%-(&'1&;1,#()&*.*&0(&-'&S-8&K(&#'0(&#'&.51-&)+&;,%5(')#+&%0(%-(&P'*+-1%&H,('*.,&2%&
)'-(3&#'1F'&:&'-%5("*1-&:&'&%(2%*&0%"&*,1;1-&)+1&)1@&7.,5+&0(&(7(#*&:&7(#'-(8&I#15&2',;(-(&;,%/(2*(&2%& )+&-(&(L(#1*(&'2'&#15&-(:'&(5%)&S-8&C',&.51-3&!"&/%,*1*('&0(;-%"(%&)'-(&-%@(,*+6%3&(5%*(&2%&(-&%0(%3&'0%#+&
"1:%&/%"(&)+&#,('0+&#+&'#(-(&7(#'-(&)1"*&.;(,'&-1%3&2%&!2%&F%#(A&BS1&'5&54"#'*&1"&'-%5("*&;-+#1*3&#15& )(&*,'")7.,5+3&)'1&/,('&)+&0(/%"+&(?'-&#1&9+,%"*(-(&)+18&H15&.51-&"1&',(&2*%%"6'&P'*+-1%3&%0(%-(&)'-(&
0(&):'&*,'")7.,5'*&!"&'#()*&;,.01)&"()17(,%*D&S1&'5&54"#'*&#1&;-+#(,(3&2%&'#15&)+&)17+,&'*4*&0(&51-*& "1&/.,&'/('&-15%"'&%0(%-.,&P'*+-1%3&;,%"&1,5',(&-(&/'&%"/(,)'8
0(&%"7(#6%'&'#()*1%&(7(#*DE&C'3&!%&,+);1"0(5&.51-1%3&)%5@.-%#1-1%&2',;(8&H'1F'&*'&7.)*&1"&#."#(;*& U1-*(&5%)*(,(&'/(5&)+&/+&#.51"%#+58&[,('1&)+:6%&0'1&'F%&!"6(-(?(,('&')1;,'&1"(%&("%?5(&'&
-15%-.,&!"&#',(&*,+%(2*(&.5("%,('8
;-+#1*3&0',&"1&2*%%"6%7%#3&#%&(5;%,%#8&J1&'%&5(0%*'*&2%&=10(#'*&#4"0&'%&(5%)&#'1F'8&I#15&*(&)1;(,%&2%&
@-()*(5%&#.'0'3&#+&('&7'#(&.&(5%)%(&"(;-+#1*+3&#+&*1&"1&'%&"%#%&.&/%"+3&#+&"1&*(&2*%%&)+&7%&?,(2%*&#1&#(/'3& a0'*+3&!"&".';*('&5%-%',0(-.,&0(&'"%3&(13&*13&(-3&".%&*.6%&'5&7.)*&"+)#16%&0(&P'*+-&".)*,1&!"&K7(,'&
#+&'%&'/1*&!"*.*0('1"'&%"*("6%%&@1"(8&p'3&5'%&%"/.#%&#4*(.0'*+&#+&'%&#,(F1*:.&%".7(")%/+8&C'3&0',&'#153& 0%/%"+3&1"0(& 01#('5&.& /%'6+&0(&@('*%*10%"(8& !"6(-(;#%1"('&H(-1%&0%"*4%3Z'&H(-1%&)1;,(53& '&/+F1*&
#4"0&!%&/(F%&(7(#*(-(&!"*.,#4"01:)(&)1@&'-*&');(#*3&*(&)1;(,%3&*(&,(/.-6%&2%&;,.*()*(F%8&C(&#(3&.51-(3&0(& "(;1*%"6'&".')*,+&0(&'&"(&@1#1,'&;(&0(;-%"&0(&c'%1-&1"0(&"(:'&'2(F'*8&C(&'#(('&"(:'&0'*&1"&'=1*.,3&
#(&*(&)1;(,%D&#4"0&'#()*&(7(#*&"1&()*(&'-*#(/'&0(#4*&;,.01)1-&?4"01-1%3&/.,@(%&)'1&7';*(%&*'-(&0(&5'%& "(:'&0'*&.&R0+&6&#10E"*18/&%5(('9&G'&!"#(;1*3&P'*+-&5:'&7+#1*&;(&5%"(3&=25&`EÉ&b3&2%&/+F4"0&#+&.51-&"1&
F%-(-(&)'1&-1"%-(&*,(#1*(8&J1&*(&,(/.-*'3&"1&*(&;-4"?(3&5'%&@%"(&#."#("*,('F+:*(3&#."*,.-('F+:*(&2%& (&@%"(&)+&7%(&)%"?1,3&#+&"(&-%;)('&#(/'3&'&"+)#1*&0%"&S-&2%&;(&R0(&`7--9-b3&;(&#',(&"(:'&0+,1%*:.&".1+&
,(7-(#*+&!"'%"*(&)+&;.,"(2*%&-'&.&7';*+3&!"'%"*(&)+&/.,@(2*%&)'1&)+&(5%6%&?4"01,%8&S7(#*1-&)(&/'&!"*.',#(& .'5("%-.,Q&0(#%&S-&'&!5;(,(#$('*&;(&27&#1&%5(('&`"wb3&;(&=25&;&b&#1&R0(&` 9 -% " b 8
')1;,'&*'&#4"0&"%#%&"1&*(&'2*(;6%3&01;+&#(&'%&1%*'*&#1&0()+/4,2%,(&0(&'#6%1"('&*'&0(&'-*+0'*+8&J1&#+1*'& R0(('&0'*+&0(&P'*+-&.51-1%&(,'&(?'-+&#1&G(?('&#',(&)+:%&#+-+1F(')#+&;'2%%&);%,%*1-1%&!"&,'%1-&K7(,(%&
)+&0()#.;(,%&!"&=1,1-&*+1&;(&#(-&#(&6%:'&;,./.#'*&1"&"(#'F3&"1&.&'*,%@1%&'-*.,'3&#+#%&*1&(2*%&#'1F'*.,1-& 0%/%"(8 &R0( &`gR!-b&"1&(,'&.&7(5(%(&#'&'%#%&;(&;+54"*3&#%&(,'&*.%'?1-&#',(&)+:%&)(,/(')#+&.51-1%&!"&
'#()*1%&"(#'F&!"*.,)&-'&*%"(&)1@&.&'-*+&7.,5+3&!"#4*&"1&.&5'%&,(#1".2*%8 (L%)*("6'&)'8&[('#1,%&"()74,2%*(&'&*,+%*&.51-&!"&c'%1-&P'*+-1%3&!5;,(1"+&#1&:(-('&;+)*,'*+&#1&)7%"6("%(8
a51-&*,1;()#&5.',(3&0',&(7(#*(-(&#'1F(%&-1%&"1&)(&)74,2()#&#1,4"08&U1-6%&'"%&01;+&5.',*('&-1%3& a51-&"1&;.'*(&#,('&"%#%&.'5("%3&"%#%&%0(%3&#'&);%,%*3&0',&-(&;.'*(&%"/(,)'&;(&#(-(&#,('*(&0(&P'*+-8&
U',(&2%&;1*(,"%#+&()*(&G(?('&P'*+-1%3&0',&#4*(.0'*+&@1*1,1?'&5%#+&,+)*.',"+&#',1-&5',(8&P'*+-&'&#,('*&
).#%(*'*('&/'&5()*(#'&(7(#*(-(&'#6%1"%%&)'-(8&C1;+&'#()*(&(7(#*(&)(&0(01#(&*,+%"%#%'&#'1F(%&)*4,"%*+&0(& *(M'/&0',&.51-&;.'*(&)+&%&)(&.;1"+3&#,(4"0&01;+&5%"*('&)'&,(01)+&.&'"*%*(M+9&C%"&'#()*&5.5("*3&#1&
(-8 2*%%"6+&)'1&7+,+&2*%%"6+3&.51-&);%,%*&)(&7'#(&;(&)%"(&#,('*.,3&0',&/'%&-1%M&#1,4"0&/'&)%56%&#.")(#%"6(-(&
"(')#1-*+,%%&)'-(8
[%'6'&()*(&'#*%/%*'*(8&I#*%/%*'*('&*,(@1%(&)+&7%(&#."7.,5+&G(?%-.,&%")*%*1%*(&0(&P'*+-8&C(&!"0'*+&#(&
T,5+,%-(&!"#+-#+,%%&-(?%-.,&#(,(2*% *1&*(:'%&!"?457'*&2%&*(&.;1%&G(?%%&P'*+-1%&2%&'#*%/%*+6%%&#(&6%&):'&.,0."'*&)+&7'#%&!"&,'%1-&K7(,(%&0%/%"(3&
/(%&7%&;(0(;)%*&;("*,1&#."*,'-(?('&#,('*+&0(&*%"(8&C%"&5.5("*&#(&*(&#.")*%*1%&#,('*.,&0(&-(?%3&/(%&7%&
?."%*&0%"&,'%1-&K7(,(%&0%/%"(8&S13&*13&#1&*.6%%&'5&5'%&7%&;1*1*&*,+%&.&/(2"%#%(&!"&c'%1-&0%"&5%=-.#1-&
G15('&0(&=.)3&#'&2%&#('&0(&)1)&',(&"(/.%(&0(&#."01#(,(3&;("*,1&'&*,+%&2%&(/.-1'8&H."01#(,('& )7(,(%&#.)5%#(3&0',&'5&')#1-*'*&0(&2.';*(-(&'0(5("%*.',(&/("%*(&0%"&'7','&c'%1-1%&0%/%"8
-15%%&/.')*,(&()*(&-15('&".')*,+3&%',&".%&)1"*(5&#."012%&0(&o.%6(-(&)1;(,%.',(3&%(,',$%#(3&'-(&-15%%& P'*+-&"(:'&"+)#1*3&2%&"1&7+#1*3&%',&)#4"*(%'&".')*,+&'&'2(F'*:.&!"&)4"1-&K+1&2%&"(:'&);1)A&i='*+/ &
".')*,(8&G15('&0(&=.)&(&-%@(,+&)+&*,+%')#+&#15&!%&;-'#(Q&*.*12%3&"(/+F1*3&"(2*%1*3&-15('&".')*,+&.& ;%18(/&A1#1,+6*(&5(&*2'*(&'8(&J(8(&3%&81#,('M+&4,(#17&R1&!.%&2,52"&k9
!"0,(';*+&#+*,(&'"15%*(&6(-1,%3&;("*,1&'&#+,.,&'*%"?(,(&)(&#(,(&*%5;&-1"?3&0(&5%%&2%&5%-%.'"(&0(&'"%8 >%&P'*+-&"(&/.,@('&!"&7%(#',(&F%8&J.%&"(&@1#1,'53&0',&"1&;1*('5&-1#,'&7+,+&S-3&2%&'*1"#%&S-&"(:'&0'*&
H(,1-&"1&-')+&.5("%,('&)+&@4=@4%(&!"&!"*1"(,%#1-&/%(6%%&*,1;(2*%8&9("*,1&#'&'-(2%%&)+%&#.@.,46%&!"& 8(-('/&%5(('&6&R0(&`5;Mb8&C.5"1-&'&5'%&F%)A&iF#17&*1/&2718(/&=25&uxr&'%&8E"-+&*%"(&4(&R0(&u7!8r] &
-1*1-&*(,()*,13&;,%"*,(&7,'6%%&-.,&*,1;(2*%3&)+:2%&;.'*+&!"0(;-%"%&5%)%1"('3&H(,1-&!"*,(6%"(&#1&(%&-(?+*1,%& A1#1,+6*(/&5',&*(&24,()#&)+&-13*%&5%"&42718&24,%*k9&9.51-&.;,%*&(,'&!"#+-#',('&G(?%%&G1%8&C',&*13&(13&
);%,%*1'-(8&I2'0',&".%3&01$1,%-(&#.51"%#+5&.'5("%-.,&*,1;(2*%&'0(/+,1,%-(&-15%%&0%"&#',(&'1&#.@.,4*8& #1&*.6%%&0%"& '#(')*+&K7(,+&)1@-%5+&"1 &'5& ')#1-*'*8&C%" &)7(,'&#,('*+&):'1& !"+-6'*&;4"+&-'&".%& %0(%&
['-.',('&#.51"%#+,%-.,&%"0%#+&?,'01-&%(,',$%#&'-&#(-1%&#(&#.51"%#+&2%&%5;-%#%*&'-&#(-1%&#(&;,%5(2*(8 %"/(,)'*(&'-(&1".,&("*%*+6%&#,('*(3&#1&51-*&!"'%"*('&".')*,+Q&2',;(-(&@%@-%#&"(:'&);1)A&BJ1&*(&*(5(3&
J.%&"1&"(&);1"(5&"15(-(3&;("*,1&#+&'5&'/1*&5%%&2%&5%%&0(&"15(3&!"&0%7(,%*(-(&".')*,(&!"*,1;+,%3& 7,'*(3&?1)*+&0%"&7,1#*1-&;.51-1%&.;,%*8&o+&2%&*1&#(('&#(&'&7+#1*&P'*+-&".)*,1&2%&*1&/(%&0(/("%&(?'-&#1&S-E8&
'%#%&)'1&'%1,('3&;(&'-*(&;-'"(*(8&J.%&;,%5%5&.,0%"(&2%&-(&(L(#1*+58&I1*.,1-&#1/4"*+,%-.,&".')*,(& J(:'5&'5+?%*3&'5&!"#+-#'*&.,0%"1-&2%&'5&#+F1*&!"&-15('&#,('6%%-.,3&'5&7.)*&%F?."%6%&0%"&c'%1-&0%/%"3&
*,(@1%(&)+&,+54"+&"(#1".)#1*3&0(.',(#(&#1".2*%"6(-(&#.51"%#'*(&"1&)1"*&;(,)."'-(3&#%&'-(&?,'01-1%& %',&#(%&?,(2%6%&!"'%"*('&".')*,+&):'1&@1#1,'*&#+&2%&".%&'5&/("%*&!"&,4"01-&-.,8&I,'&/,1*&".%3&"%5%#1,%3&)+&
%(,',$%#&0%"&#',(&)1"*(5&2%&".%&.&5%#+&7,'#6%1"(8 7%5&(?'-%&#1&%"7%"%*'&o.,6+&#,('*.',(8&P'*+-&2%:'&!"*.,)&7'6'&0(&-'&".%&2%&0%"&'#(-&5.5("*&".%&"1&R:'5&
>*%%"6'&)1;,(5+&.&;.)(0+&"15'%&;,%5'&o%%"6+3&#',(&'&#,('*&*.*1-8&C(&-'&S'3&;(&#'-(&%(,',$%#+3&"%&): 5'%&'1F%*&?-')1-&)1@-%5&2%&"1&R:'5&5'%&)%56%*&#+-01,'&;,.01#+*.',(&0(&7(,%#%,(8&U%%&0(&'"%3&0(&/('#1,%&
' & *,'")5%) & 2% & ".1+Q & %', & ".%3 & !" & /%,*1*(' & -(?%% & ).-%0',%*+6%%3 & #.51"%#+5 & 0%" & 2*%%"6' & ".')*,+ & 5%#%& #$%',3&'5&7%&;(*,(#1*&'#.-.8&S,'5&7(,%#%6%3&-1#,'5&2%&;,.?,()'53&0',&#4"0&%"*(-%?("6'&"%&):'&!"+-6'*&;4"+&
7,'?5("*(&-15%%&/.')*,(3&/.1+3&5%)%."',%-.,&".2*,%3&#.@.,46%&!"&5%=-.#1-&-15%%&*,1;(2*%8 '&"(&#,(0(&;,%#(;16%&2%&#,('*.,%&2%&'5&/,1*&)+&?1)*+5&0%"&;.51-&.;,%*3&'5&#+F1*3&;("*,1&#+&'5&%"/(,)'*&
S&@%"(&#1".)#1*&2%&!"&-15('&/.')*,+&#+&/'-.',('&1"1%&.5&)(&0(01#(&01;+&7';*(-(&)'-(3&0',&5'%& ;(&R0(&`5"=&2%&"(:'5&!")12%*:.3&04"0&"'2*(,(&-'&"(')#1-*',(3&!"#+-#',(&0(&-(?(&2%&#,(',(&0(&#."*,'-(?(8&
I)*7(-&'5&0(/("%*&(-(5("*(&0(F',5."%#(&!"&K7(,'&',5."%(%
'-()&01;+&%0(%-(&(5%)(8&!"&-15('&/.')*,+&1"%%&7'#&7';*(&1%5%*.',(3&#(&!"*,(#&;,%"&)+-@+*%#%(3&=.)"%#%(&2%&
7(,.#%*'*(&'"%5'-(-(&)+-@'*%#(&0%"&)'/'"(-(&I7,%#%%8&I-6%%&*(&1%5()#&;,%"&%0(%-(&-.,&#."*,',(
?271"%#+,%&5%"&?(,
>%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*( VW[
VWZ
C%"#.-.&0(&F."'&'&R:'3&'&01$1,%-.,&'-@(3&1,5('F+&F."'&01$1,%-.,&!"?(,%8&W."'&01$1,%-.,&
0()+/4,2%*(3&2%&0%"&'#(-&5.5("*&'5&7.)*&(-%5%"'6%&0%"&'#(-&c'%&2%&*,%5%2%&!"&-15('&#,('*+3&;("*,1&'& 15'"(
#1".'2*(&1,5',('&"(')#1-*+,%%&)'1&'&!"#+-#+,%%&G(?%%&0%/%"(8 ()*(&0();+,6%*+&0(&#('&'&!"?(,%-.,&;,%"*,:.&F."+&%"*(,5(0%',+3&?,.')+&0(&';,.L%5'*%/&#%"#%&5%%&0(
I%#%3&!"&)7(,'&#,('*+3&0%"&;-'"(*+&!"&;-'"(*+3&*,(#4"0&;,%"&)17(,%"6(&5%-%',0(&0(&'"%3&!"01,4"0& ]%-.5(*,%8&W."'&!"?(,%-.,&6%"(&;4"+&0%"#.-.&0(&G1"+3&;(&.&0%)*'"6+&';,.L%5'*%/&(?'-+&#1&0%)*'"6'&0(
'0/(,)%*+6%-(&/%(6%%& *,1;(2*%3&!"#$%2%& !"&;%'*,'&)'1&-1*1-&1"(%&;-'"(*(&2%&';.%&#'&"("15+,'*(& 7.,5(& -'&9+54"*&-'&G1"+8 8888 8
/(?(*'-(3&'"%5'-(&2%&15'"(3&'5&#1".)#1*&1,5',('&?,.'F"%#+&0(&'&"(&7%&#,(F1*&H,('*.,%8&I5&;-(#'*& H%*()#&?4"01-&*+1&2%&/+0&.&)'*%)7'#6%(&#+:6%&0()*+%"1%&0%"&*'%"(-(&#(,(2*%3&;(&#',(&.51-&*,1;()#&"1&-(&
0%"&c'%&2%&'5&'=1")&!"&%'01-&/%(6%%&*,1;(2*%3&;,%"&5%%-(&0(&#.,;1,%&#(,(2*%3&'5',"%#(&2#.-%3&#',(&"(& ;.'*(&/(0('3&#(,#(*'&2%&#."*,.-'3&2%&!6%&#%*()#&0.,%"6'&0(&'&'7-'&5'%&51-*(&#1".2*%"6(8&C',&".%&2*%5&#+&
,(0'1&!"6(-(;#%1"('&2%&)*,+-1#%,('&;%(,01*+&!"&/(2"%#%'&*,(#1*+8 .51-1%&*,1;()#3&"1:%&'01#&"%#%&1"&7.-.)&')(5("('&#1".2*%"6(&2%3&01;+&;+,(,('&".')*,+3&5'%&"(#()',(&
I#153&'=1"2%&!"&)*'0%1-&0(&.53&2*%5&#(&()*(&)1;1"(,('&2%&#(&1,5+,%&',(&"(')#1-*',('&-(?%-.,& )1"*&;("*,1&(-&".,5(-(&0(&#."01#(,(&!"&/%'6'&*(,()*,+&0(#4*&#1".2*%"6(-(&#(,(2*%&"(#."*,.-'@%-(3&!"&-15('&
#(,(2*%8&I#15&2*%5&#+&.51-&#',(&)(&.;1"(&-(?%-.,&#'0(&2%&5'%&=.)&0(#4*&'5&#+F1*&%"%6%'-8&I#15&2*%5& ".')*,+ & #1".2*%"6(-( & )1"* & ';,(#%'*(3 & ;("*,1 & #+ & (-( & #.")*%*1%( & @'F' & '/'")+,%%3 & 0', & 5'% & ;,()1) & 0(&
#+&:&"(/+F1*&2%&"(2*%1*&:&,();(#*',('&-(?%-.,&"(&!"'-6+&);,(&G15%"%-(&2%&);-("0.,%-(&0(&#',(&"(:'5& #1".2*%"6(&)1"*&)("*%5("*(-(&2%&;+F%,('&-(?%-.,&)*'@%-%*(&;,(*1*%"0("%&2%&0%"&/(2"%#%(8&9.6%&7%&%"*(-%?("*3&
@1#1,'*&.0'*+8&C',&;("*,1&#+&1"'&0%"&-(?%-(&)1@-%5(&'-(&P'*+-1%&()*(&).-%0',%*'*('&"(&)*,+01%5&)+& 0',&-%;)%*&0(&#1-*1,+8&9.6%&7%&#1-*3&0',&%5.,'-8&!")+&-(?%-(&#(,(2*%&"1&;(,5%*&'/'")',('&;4"+&#4"0&#(-&#1-*&
'=1*+5&;(&*.6%&7,'6%%&".2*,%&#.@.,46%&!"&-1*3&)+&-(&0()#$%0(5&.#$%%&);,(&;+F%,('&G(?%-.,&P'*+-1%3&#',(&"1& "1&/'&7%&2%&5.,'-8
)(&;.*&!"#+-#'&7+,+&)+&"1&?12*%&';.%&'5',1-&)17(,%"6(-.,&"(?,+%*(8 H.01-&5.,'-&)(&%5;1"(&5'%&!"*4%&.51-1%&#',(&/,('&)+&0(/%"+&#1-*8&I*4*'&/,(5(&#4*&.51-&"1&/'&
R'*+&!"6(-()1-&.#1-*&'-&);1)(-.,&0%"&p%@-%(3&0();,(&,'%3&I0'5&2%&S/'3&2%&%F?."%,('&-.,&0%"&S0("8 ;+F% & ,(?1-%-( & 5.,'-(3 & H(,1- & "1:% & ;.'*( & 0' & "%#% & . & #1".2*%"6+8 &I2'0', & 5.,'-%*'*(' & ()*( & !" & )*,4")+&
-(?+*1,+&#1&.@6%"(,('&#1".2*%"6(-.,&#(,(2*%8&C1;+&#15&;,.7().,1-&1"%/(,)%*',&'-&-15%%&/.')*,(&"1&/'&
#.@.,!&!"&'04"#1-&.#"(-.,&0(&)',(&#'&)+&#.51"%#(&#1".2*%"6(-(&)'-(&#,%5%"'-%-.,&0(&'#.-.3&*.*&')*7(-&
)'/'"6%%&-15%%&".')*,(&"1&)(&/.,&#.@.,!&0%"&);-("0.,%-(&-.,&#(,(2*%&#'&)+&,(/(-(F(&#1".2*%"6(&.'5("%-.,&
Q-.,(.&()#'#?#(%+*+# "(0(5"%&0(&'&;,%5%&*'%"(-(&1"%/(,)1-1%3&)*,+-1#%*.',(-(&-.,&;(,-(&#(,(2*%8
9("*,1&#'&5%)%."',1-&".)*,1&)+&0(/%"+&0%71F.,&!"&-15('&7,'6%-.,&".2*,%&!"*,1;'6%3&)(&#(,(&#'&5'%&
!"*4%&(-&)+&01#+&.&/%'6+&0(5"+&2%&5.,'-+8&R"%6%'6%-.,&".2*,%&-(&);1"(5&51-*(&*'%"(3&;("*,1&!"*+,%,('&-.,&
9("*,1 &?,+@%,('& (/.-16%(% & .5("%,%%3 &()*( &"(/.%( &#' &: & 0%"& #4"0& !"& #4"0& : &)+ & #.@.',(& !"& -1*1-& #'&.'5("%&*,1;(2*%3&0',&"1&*.*&#(&-(&);1"(5&()*(&0()*%"'*&)+&7%(8&,+);4"0%*8
?-.@1-1%&*(,()*,1&2%&5',%-(&G15%"%&'-(&H(,1-1%8&K(&/.,&!"*,1;'&);%,%*(&'-@(3&!"?(,%%&;-'"(*(%&".')*,(3&0(& SL%)*+&'"15%*(&*'%"(&;(&#',(&(%&*,(@1%(&)+&-(&')#1"0+&)1@&*+#(,(3&0(.',(#(&.5("%,('&!"#+&":'&
*.'*(&?,'0(-(3&)7%"*(-(&01$1,%&#."01#+*.',(&'-(&-15%%&'"?(-%#(3&!"?(,%&).-',%&2%&!"2%2%&?1/(,"'*.,%%& '=1")&-'&;1"#*1-&0(&'&-(&#1".'2*(8&J1&)(&;.*&0'&*'%"(&;(&#',(&.51-&:&"(;1*4"01:-(&;,%5%3&;("*,1&#+&5%&
#(*(-.,&!"?(,(2*%&0%"&K.',(-(&".)*,18&H1&*.6%%&)(&/.,&"'2*(&;,%"*,:.&5'5+&;+54"*(')#+3&)1;1"4"01:)(& #."#.,0+&#1&#1".2*%"6(-(&)'-(&7%F%#(&:&)+&-(&0()#.")%0(,(3&)+&-(&"(?(3&)+:2%&@'*+&=.#&0(&".%&2%&0(&
-(?%%&7%,%%38)*'@%-%*(&0(&P'*+-&;("*,1&/(2"%#%(&2%&;("*,1&*.'*+&-15('8&H1&*.6%%&/.,&0(/("%&')*7(-&.'5("%& %"%6%'*1-&".)*,18&K(&/.,&0'&"15'%&#1".2*%"6(-(&'##(;*'*(&0(&;1*(,('&%"*(-(#*1-1%&-.,3&0(2%&!"#+&"1&-(&;.*&
*,1;(2*%&a;%18&27181%9 /(,%7%#'8
!5@,+#4"0&$'%"'&-1*1-1%&2%&-(?('&7%%"0&-(?(3&#1".2*%"6(-(&'#()*.,&5%)%."',%&)(&/.,&!"*1"(#'&;4"+&'& !"&)*',(Y&".,5'-+3&.51-&*,1;()#&:&7%(&(-&#$%',&);%,%*&'"?(-%#&:&',(&"(/.%(&0(&'&7%&5(0%15%F'*3&
"1&5'%&2*%&#%"(&)1"*3&0(&1"0(&'1&/("%*&2%&;("*,1&#(&)#.;8&C',&*.*&c(?1-%-(&#(,(2*%&.,0."+&#'&1".,& ;("*,1&#'&1,(#$('&-1%&)+&"(&'10+3&#'&.#$%1-&-1%&)+&"(&/'0+Q&'-*7(-&(-&',&,+54"(&*.*&'*4*&0(&"(2*%1*.,&#'&
')(5("('&*,%5%2%&)+&-%&)(&,(/(-(F(&5%)%1"('3&;("*,1&#',(&'1&/("%*&!"&-15('&*,1;(')#+3&)+&-%&)(&7'#+& .,%#',(&'-*&);%,%*&%"7(,%.,&-1%8
#1".)#1*&?,'01-&'/1*&!"&-15('&#(,(')#+8 R"%6%'*1- &".)*,1 &()*( & #$(5'* & -' & . & /%'6+ & !" &'7',' & /4-*.,%% & ;')%1"%-., & 2% & ;,(.#1;+,%-., & .5("%,%%8&
K:',&;+,('&#+&H(,1-&7'#(&.&"(0,(;*'*(3&-15%"4"0&;(&1"%%&2%&-+)4"0&!"&!"*1"(,%#&;(&'-6%%8&!")+& K;%,%*1-&-1%&"1&*,(@1%(&)+&7%(&)-+@%*&0(&?,%=%-(&F%-(%&0(&54%"(3&'-(&-1%&)'1&7'5%-%(%&)'-(3&#%&)+:2%&!"0,(;*(&
'#(')*+&0%)#,%5%"',(&()*(&0%#*'*+&0(&"(/.%'&(/.-16%(%&9+54"*1-1%8&C'#+&-15('&*,1;(')#+&"1&',&'/('& ?4"01,%-(&"15'%&);,(&;,.@-(5(-(&/%(6%%&#(,(2*%8&U%"*('&-1%&*,(@1%(&)+&7%(&)("%"+3&%',&7-1%0(-(&#.,;1,%-.,&
!"*,1;'*+&;,%"*,(&('&'"15%*(&01$1,%&)1;(,%.',(&2%&0'#+&(-(3&-'&,4"01-&-.,3&"1&',&5'%&'/('&-(?+*1,'&#1& )'-(&);%,%*1'-(&:&#'-5(&2%&!"*,:.&/%@,'6%(&1"%7.,5+&2%&',5."%#+8&!"&')(5("('&#."0%6%%3&5',%-(&G15%"%&
-15('&-.,&0(&.,%?%"(3&"1&',&7%&#%"(&)+&-(&','*(&'0(/+,'*'&-15%"+8&H1&*.6%%&:&.'5("%%&%"7(,%.,%3&2%&#(%& #(,(2*%&)(&/.,&;1*('&';,.;%'&0(&(-&2%&!%&/.,&0'&#1".2*%"6(-(&"(#()',(8
)1;(,%.,%&:&2%:',&01#(&/%'6'&01;+&#15&/.,&@'*(&/'-1,%-(&;'*%5%-.,&2%&?,%=%-(&(L%)*("6(%8&R'*+&0(&#(3&!"& a&/%@,'6%(&0(F.,0."'*+&'&7-1%0(-.,&)'-(3&.&;,(.#1;',(&;1,&-15(')#+&/.,&,(01#(&,'0%'6%%-(&-1%&
);%,%*1'-(3& %',& 01$1-& )1;(,%.,3& ,()%56%"0&;("%@%-&'#()*(&(5'"'6%%3&)(& /'&!"0(;+,*'&0(&(-3&"(?+)%"0&
*.'*(&/('#1,%-(3&'&7.)*&"(/.%(&#'&;,%"*,(&5%-%.'"(-(&0(&.'5("%&*,1;(2*%&)+&7%(&2%&%"%6%'6%%&".2*,%3&("*%*+6%& *(,("1-&;,%(-"%#&;("*,1&'&)*'&!"&=1,1-&)+1&2%&':%&,(/(-'&0%"&*'%"(-(&#(,(2*%8
);%,%*1'-(&#',(&'1&'*%")&'"15%*(&*,(;*(&(/.-1*%/(8
R"%6%'*1-& ".)*,1 &/'& /.,@%& 2%&/' &)#,%(3 & %', &%0(%-( &-1% &: & 7%%"0& 7.,6( & : & )(& /., &,+);4"0% &!" &5(0%1-&
'5@%'"*3&2%&;+*,1"F4"0&!"&#.,;1-&);%,%*1'-&'-&)(5("%-.,&)+%3&/.,&-1#,'&')1;,'&-.,3&0(*(,5%"4"01:%&-'&
'"'-%F+&2%&5(0%*'6%%3&0%"&#',(&/.,&,(F1-*'&5.0%7%#',('&#."#(;6%%-.,&0();,(&/%'6+&2%&"'*1,+8 :=&#*&)$+'%)R-.%&
R"%6%'*1-&7%%"0Z&1"&.5&#'&.,%#',(&:&)1;1)&*1*1,.,&*("*'6%%-.,&-15%%&*,1;(2*%&:&;("*,1&'&"1&#+0('3&
;("*,1&'&7%&5(,(1&!"&?',0+3&*,(@1%(&)+&7%(&-15%"'*3&!"0(5"'*3&;./+61%*3&#'&)+&7%(&)*(?',1-&".)*,13&
;,.;./+01%*.,1-&#(-.,&'7-'*(&0(&-'&".%8&S-&/'&*,+%&#1&;%#%.,1-&;(&?-%'&?-.@1-1%&/.)*'%3&0',&/'&7%&#1& IF% &,(/%"& -'& .& ;,.@-(5+& 0(& %5;.,*'"6+& #';%*'-+A& 7'*(,%'& 4,%7+& 0%"& #',(& ):'& 7+#1*& *.*1-& 0%"&
?4"01-&2%&)17-(*1-&!"+-6'*&5(,(1&);,(&"%/(-1-&;'*,%(%&)'-(&#(,(2*%8&G15('&)(&/'&7,+54"*'3&)(&/'&#$%"1%3& /(2"%#%(&2%&)(&/'&7'#(&*.*1-&!"&/(#%%&/(#%-.,&#(&/.,&/("%8
/'&)17(,%&2%&!2%&/'&)74,2%&(L%)*("6'&7+,+&)+&2*%(&;("*,1&#(&):'&"+)#1*&2%&*,+%*3&%',&%"%6%'*1-&".)*,1&!2%&/'& I#(')*+&7'*(,%(&F'#(&!"&R"7%"%*8&S'&15;-(&R"7%"%*1-&#'&54-1-&';(-(&7-1/%%-.,3&#'&;,'71-&'(,1-&0(&-'&
01#(&.&/%'6+&!5;+#'*+&!"&5%=-.#1-&F@1#%151-1%&)17-(*()#&'-&.5("%,%%&!"#."=1,+*.',(8 )1;,'7'6'&;+54"*1-1%8&C%"&1"'&2%&'#(('2%&7'*(,%(/&P'*+-&'87+#1*&5'*(,%%-(&2%&);%,%*(-(3&*.*&#(&#1;,%"0(&
R'*+3&;("*,1&'F%3&.&;'?%"+&".1+&0%"&#1".2*%"6(-(&-15%%&".')*,(8 )7(,'&%"7%"%*&0(&5',(&"15%*+&#2)72)/&)'1&)7(,'&#1&#(-(&;'*,1&1"%/(,)1,%8
K:' & );1) & #+& ("*%*+6%-(& );%,%*1'-(& *,+%()#& !" &F."( &2%& )7(,( &)1;,';1)(3 & #."7.,5& ?,'01-1% & -., & 0(& I5&);1)&2%&,(;(*&:&#+#%&'2'&!"/'6+&01$1,%-(&!"&);'6%13&,(;(*4"0&-'&%"7%"%*&*.'*(&".6%1"%-(3&*.'*(&
(/.-16%(8&J%#%&1"&);%,%*&"1&/'&;1*('&1,#'&5'%&)1)&0(&F."'&)'&#.,();1"F+*.',(8&o.,6'&5'?"(*%#+&'& #1".2*%"6(-(&'7-'*(3&;4"+&)(&!"*%;+,()#&0(&/(2"%#%(&!"&7%%"6'&-.,A&!"*E%&'&;2)*&#10E"*18&)'1&%5((']&5%"&
;+54"*1-1%&!-&/'&'*,'?(3&;%,."%"01:<&!"&)7(,'&#.,();1"F+*.',(&7-1%01-1%&0%"&#',(&()*(&'-#+*1%*&!")12%& #10E"*&)6'&"+)#1*/&4,%"&4,(;'#(,%&8'A2,%2')(/&2718&)4%,%*/&%',/&!"&;%"(/&2718&)6'&)(,0%*&5(&#10E"* &
4("*,1&'&)(,0%&d'*+81%&)+1&?,('*2,
#.,;1-&)+1&;-'"(*',8 G'&!"#(;1*1-&#,(+,%%&)'-(3&);%,%*1-&15'"&'&'/1*&"(/.%(&0(&51-*&*%5;&#'&)+&;.'*+&!"6(-(?(&;,%5'&
SL%)*+&*,(%&5',%&F."(&!"&=1,1-&;+54"*1-1%&!"&#',(&-.#1%()#3&)(&5%2#+&2%&*,+%()#&01$1,%-(:.'5("%A&R8& %0((3&;,%5'&".6%1"(8 & !"#(*3&;("%@%-& 0( &!"#(*3 & '&!"6(-()& #1;,%")1- & %0(%%&'& 0.1'3 &'& *,(%' & 2%& '2'& 5'%&
F."'&);%,%*(-.,&'-@(Q&RR8&F."'&);%,%*(-.,&'-@')*,(Q&RRR8&F."'&);%,%*(-.,&,.2%%8&c(;(*&5(,(13&#'&)+&"1&)(& 0(;',*(8&o.,6(&5',%3&W(%%&#,('*.,%3&'1&)*'*&;(&-4"?+&(-3&-:'1&5%2#'*&2%&%"7-1("6'*&;')&#1&;')3&;("*,1&':<&
1%*(& 2%& )+ & )( &2*%(8 &P.'*(& ;-'"(*(-(3&*.'*(&#.,;1,%-(&#(,(2*% &'1&: &')(5("('&9+54"*1-1% &: &*,(% &F."(& 7'#(&;,%5%*.,&2%&,(6%"+*.,&0(&%0(%8
;,%"#%;'-(&7-1%0%#(&!"&=1,1-&-.,Q&0',&@%"(!"6(-()&0%"&7-1%0(&0%7(,%*(&0(&#(-(&*(,()*,(8 R0(%-(3&-.?.):1,%-(&'1&(L%)*'*&2%&/.,&(L%)*'&!"&/(2"%#%(3&0(.',(#(&R"7%"%*1-&(&%"7%"%*8&S-&()*(&;-%"&0(&
N,.)%5('&#(-.,&*,(%&F."(&-.#1%*(&0(&01$1,%&15'"(&()*(&!"&,';.,*&#1&?,'01-&(/.-1*%/&'-&01$1,%-.,A& %0(%3&0(&;',*%#1-(&%"7%"%*&0(&5%#%3&0(&7%%"6(&/%%8&a&0'*+&7.,5'*&;(&0(;-%"3&01$1-&'&7.)*&(01#'*&)+&
F."'&,.2%(&()*(&#('&5'%&5%#+3&F."'&'-@')*,+&()*(&0(&".1+&.,%&5'%&?,.')+&0(#4*&#('&,.2%(3&%',&F."'&'-@+& '@).',@+&%0(%3&)+&-(&(L'5%"(F(&2%&!"6(-('?+8&I;.%&'&7.)*&*,%5%)&0%"&K7(,'&0%/%"+&!"*,:1"1%&0%"&#(-(
()*(&0(&".1+&.,%&5'%&?,.')+&0(#4*&#('&'-@')*,+8&I#()*(&*,(%&F."(3&)7(,(&#."#("*,%#(3&)1"*&)(;','*(&!"*,(&
(-(&;,%"&F."(&%"*(,5(0%',(3&1"0(&"1&*,+%(2*(3&;(,5'"("*3&"%#%&1"&01$8
VW\ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"&?(,
VWT

;'*,1&1"%/(,)1,%3&;("*,1&':2%&7'#(&#1,)1-&(/.-1*%/8&I%#%3&01$1-&'&;,%5%*&!"&)4"1-&)+1&%0(%&2%&(-(&7%%"0& K;'6%%-(&1,%'2(&0%"&=1,1-&;+54"*1-1%&)1"*&;-%"(&0(&%0(%&0(&1,+3&@-()*(53&#-(/(*%,%&(*#8&[.%&2%&".%&
7.,6(3&!-&0(*(,5%"+&-'&0%7(,%*(&'#6%1"%8 )1"*(5&')'-*'6%&0(&(-(8&J.%3&/+F4"01:-(3&"(&;1*(5&7(,%3&0',&/.%3&@%(6%&;(-(,%"%&/,(5(-"%#%&!"&#',';'#('&
J1&(L%)*+&%0((&#',(&)+&"1&;+*,1"0+&!"&;(,%);%,%*1-&1"1%&);%,%*8&J1&(L%)*+&#1/4"*&#',(&:&;,."1"6'*& #+,"%%3&"1&2*%6%&"%5%#&0(&(-(8&R'*+&0(&#(&/("%5&2%&/+&'=1*+53&04"01:/+&)1?()*%'3&%"*,.01#4"0&!"&#.,;1-&
0(&1"&!"*,1;'*&:&)+&"1&%"*,(3&#'&%0((3&!"&;(,%);%,%*1-&'-*1%&!"*,1;'*&2%&)+&"1:%&;,.01#+&.&'#6%1"(8&K(&;1"(& /.)*,1&%0(%-(&".')*,(&%1@%*.',(3&'=1*+*.',(8&R'*+&;("*,1&#(&'-(2%%&H(,1-1%3&);%,%*(-(&)1;(,%.',(3&)1"*&
!"*,(@',('A&9.6%&.;,%&;+*,1"0(,('&%0(%-.,&!"&*%"(3&01$&-%@(,&)'1&!"*,1;'*D&J13&"1&)(&;.'*(3&0',&;.6%& .@-%?'*(&0%"&#4"0&!"&#4"0&)+&#.@.',(&2%&(-(&!"&-1*3&/.,@%"0&2%&)#,%%"0&%0(%&#(&#."*,%@1%(&-'&,%0%#',('&
(-%5%"'&%0(%-(&0%"&#.,;1-&*+1&);%,%*1'-3&;,%"&;1*(,('&/.%"6(%&#1&#',(&*(:'&!"F()*,'*&H,('*.,1-8 .51-1%8&C',3&;("*,1&#+&"1&;.*&7%&-+)'*(&!"&!"*1"(,%#3&"(&,(/(-+5&2%&-(&!"',5+5&#1&%0(%-(&".')*,(3&#'&)+&
H$,%)*& '&#.@.,4*&;(&9+54"*&)(5+"4"0&%0(%&#',( &)+ &,(0(2*(;*(&.5("%,('&-'&#."#(;6%% & ".%&0(& )(&;+F(')#+&0(&01$1,%-(&%"7(,%.',(8&R'*+&,.)*1-&%"%6%(,%-.,&0(&*.'*(&*,(;*(-(8
5.,'-+&2%&#."01%*+8&U4"*1%,('3&%-15%"',('&)*+&-'&!"0(54"'&7%(#+,1%'8&J15'%&*1&;.6%&7%&)'-/'*.,1-&*+13& H(-&#(&"(&2*%(&2%&#1".'2*(&I0(/+,1,%-(&#(,(2*%3&/'&;1"(&)*'/%-+&?4"01,%-.,&)'-(3&;'F+&?1,%%&)'-(&2%3&
;,%"&')%5%-',('&%0(%-.,&0(&@1"+*'*(3&);(,'"6+&2%&#,(0%"6+8 #1".)#4"0&-(?('&#'1F(%&2%&'&(7(#*1-1%3&"1&/'&;.,"%&-'&7';*(&"().#.*%*(8&S-&/'&2*%&#+&.&/%'6+&*,1;(')#+&
IF%&(L%)*+&!"&-15(&0.1+&7.,6(A&<8&51$18&0(&*.'*(&?,'0(-(Q&V9&%5(('9 7+,+&?,(2(-%&/'-.,('F+&#4*&F(#(&/%(6%&#1&?,(2(-%Q&')*7(-3&;')1-&)+1&(/.-1*%/&/'&7%&5'%&?,+@%*8 &K+&"1&
9(&5%"(3&01$3&P'*+-&5:'&7+#1*&#'&7%%"6+&#."2*%("*+8&I5&7.)*&*,%5%)&!"&-15(&)+:5%&0(F/.-*&;1*(,%-(& ;%(,0(6%&0%"&/(0(,(&#+&.,%#(&%0((&()*(&.&7.,6+3&1"&(L#%*'"*8&o%6%&'*("6%&-'&.,%#(&?4"0&/+&*,(#(&;,%"&5%"*(3&
);%,%*1'-(3&%',&#'&'=1*.,&5%:'&0'*&;(&7,'*(-(&5(1&#(-&5'%&5%#&:&%5(('&)'1&#10E"*189 (L'5%"'6%:<&@%"(3&#'&)+&"1&?,(2%6%8&d2'*(&-,(3(8%8(&27181%&4,20%"&5%"&;'4*18&,('#.%2"',%%&)'8(&;'.+&5(&
P'*+-&#(,()#&*,%5%*(&5(,(1&%0(%&!"&)7(,'&#,('6%%-.,&K'-(&2%&(-(&"(&!"0('5"+&-'&-1#,13&-'&)1;1"(,(&2%& 82-2)61,%8(&#1&'4',(".+&5(&"(5,(4*'*(9
#1".'2*(,(8&J.%3&01$1,%-(3&!".*+5&!"&.#('"1-&0(&7-1%0(&#.)5%#(3&1"%/(,)%#(3&).-',(&2%&;-'"(*',(3&0',& J.%3&01$1,%-(&)1;(,%.',(3&)1"*(5&)7(,(8&J1&5'%&'/(5&"%#%&1"&';("0%#(3&"%#%&1"&%")*,15("*&0(&
;,(*1*%"0("%&)1"*(5&')'-*'6%&0(&%5(%8(/&82-2)61,%8(&P'*+-1%&#(,()#8 -1#,1&2%&*.*12%&-1#,+53&(L(#1*+53&!"/+6+5&"15'%&;,%"&'=1*.,1-&%0(%-.,8&!"&0(7%"%*%/3&)1"*(5&)7(,(&
o(-&0(&7(-&0(&"15%,%&-%&):'1&0'*&'#()*.,&7%%"6(A&4',*%#18(&0%%/&%5(%/&#10E"*/&0(,A/&82-2)/&5'0',O9 (5%6+*.',(&0(&%0(%:7.,6(3&#1&#',(&#,(+5&*.*1-Q&#1&'-*(&#1/%"*(3&)1"*(5&%"7%"%*&0(&5%#%&#,('*.,%8
G.?.):1-3&%0(('3&%"*,4"0&*.*0('1"'&!"&#.,;1-&7-1%0%#&0%"&=1,1-&)#4"*(%%3&'&7.)*&#.5;','*&#1&'-%5("*1-& z%"&)+&'*,'?&'*("6%'&#+&%"%6%'6%%&"1&';',6%"&1"(%&'"15%*(&,(-%?%%&)'1&1"1%&)%"?1,&;.;.,8&!"&'"*%#$%*'*(3&
"(#()',&*,1;1-1%&15'"8&C1;+&#15&!"*,1;'*1-&"1&;.'*(&*,+%&7+,+&'-%5("*(3&01$1-&"1&;.'*(&*,+%&7+,+& 7%(#',(&5',(&*(5;-1& '&'/1*&%"%6%'6%%&)+%3&@%"(!"6(-()3&0(&0%7(,%*(& ?,'0(8&K:' &;,.#(0'*&')*7(-3&2%&)(&
%0(%8&I2'0',&%0(('&=.'#+&,.-1-&7%F%.-.?%#&'-&'-%5("*1-1%Q&2%&1"1-3&2%&'-*1-3&%"*,'*(&!"&#.,;1,%-(&,();(#*%/(3& ;,.#(0('F+&'2'&2%&!"&#."*%"1',(3&;("*,1&'&"1&,+54"(&.5("%,('&7+,+&.&#'"0(-+&'&#1".2*%"6(-.,&#(,(2*%Q&
0'1&"'2*(,(&-'&7.,6(8 %',&;(&0(&'-*+&;',*(3&;("*,1&'&"1&)(&#+0('&!"&5',(-(&;+#'*&'-&*%,'"%(%3&#4"0&.&)%"?1,+&,(-%?%(3&1"&)%"?1,&
C'#+&"1&;.'*(&)+&!5;%(0%#(&;+*,1"0(,('&%0(%-.,&!"&#.,;1-&;(,%);%,%*1-1%&)+13&*.*&5(2*(21?1-3&*.'*+& ;.;.,&#.")%0(,+&#+&0(6%"(&I0(/+,1,%-(&/(2"%#(8
!"&*.'*(&*%5;1,%-(3&);%,%*(-(&!"*,1;'*(&'1&'/1*&"(/.%(&0(&.&,(-%?%(8&c(-%?%'&"1&0%);',(&"%#%.0'*+8&
',*'&01$1-1%&()*(&#'&5+#',&)+&2*%(&#(&0()*%"'6%(&)+&-(&0('&2%&';.%&#15&)+&-(&(L;1-F(F(3&;("*,1&#'&*.*1-& T"&.5&)(&;.'*(&!"0(;+,*'&#4*/'&*%5;&0(&('3&0',&-'&1,5+&)(&!"*.',#(8&J1&(L%)*+&,(-%?%(&7+,+&%"%6%'6%3&
)+&7%(&!"&;,.?,()8&G%@(,&(2*%&*13&01$3&)+&7'#%&#(&/,(%3&0',&0'#+&P'*+-&'&%")*%*1%*&0(;-%"'&-%@(,*'*(&0(& 7+,+&;,.7(6%8&9,%"&(%&)(&7'#(&-(?+*1,'&H(,1-1%&#1&;+54"*1-8
'#6%1"(3&S-&'&;1)&2%&F+?'F1,%&-%@(,1-1%&*+1&',@%*,13&2%&'#()*('&)1"*&-(?%-(3&.,0%"(-(3&-.?.):1,%-(&K'-(8& 9("*,1&#'&5'=.,%*'*('&.5("%,%%&!"*,1;'*(&)+&7%(&7(,%#%*+3&"1&*,(@1%(&)+&2*%(&0(&(L%)*("6'&".')*,+8&T"&
H%"(&!"#'-#+&-(?('&/'&)17(,%M !"*,1;'*&.',(#',(&)(&);(,%(3&#4"0&'10(&;("*,1&;,%5'&.',+&0(&".%3&#4"0&%'&.&#',*(&#(&0()#,%(&0%7(,%*(&
I5&#.5;','*&%0(('e#1&'-%5("*1-8&R0("*%*'*('&()*(&;(,7(#*+3&'*4*&;,%"&'#6%1"('&(%&7%F%.-.?%#+3&#4*& !"*45;-+,%&2%&7(".5("(&;,.01)(&)1@&%"7-1("6'&".')*,+8&C'#+&-:'6%&#(,#(*'3&/:'6%&#."/%"?(&#+&%&):'&
2%&;,%"&"'*1,'&(%&!")+2%8&!"*,:'0(/+,3&%0(%-(&)1"*&7.,5'*(&0%"&;',*%#1-(&/%%3&0',&;(&#4"0&%0(%-(&)1"*&!"& F@4,-%*&;%(-('3&%&):'&,%0%#'*&;+,1-&!"&#';3&0(&'#15&!"*1"(,%#1-&!-&!");+%54"*+3&/+F4"0&;()*(&*.*&15@,(&
;,%51-&)*'0%1&'-&(L%)*("6(%&-.,3&!"&7.,5'&-.,&;,%5%*%/+3&'-%5("*(-(&)1"*&7.,5'6%1"%&0(&)1@)*'"6(8&C',& ;(&-4"?+&(-8&K;%,%*1-&)+13&!"#$%)&!"&*,1;3&/'&7%&"(-%"%2*%*8&R'*+&;("*,1&#(&"1&*,(@1%(&)+&"(&#1".')#+3&)+&
)1@)*'"6(-(&)1"*&?,1;+,%&0(&5.-(#1-(3&'#()*('&'?-.5(,+,%&0(&'*.5%3&%',&'*.51-&(&1"&#.5;-(L&0(&%0(%8& "(&2*%(&.,%#(&!"*,1;'*8
I#(('2% & /%'6+ & )*+ & -' & @'F' & -.,3 & 1"' & 7%%"0 & )%5;-+3 & %', & #('-'-*+ & #.5;1)+8 & J%#% & 7.#1-3 & "%#% & )1#1,%-(& H(&7(,%#%*+&',&*,+%&.5("%,('&0'#+&"(:',&2*%&2%&',&#1".'2*(&I0(/+,1,%-(&#(,(2*%8&I,&0(/("%&#1&*.6%%&
0%?()*%/(&'-(&.51-1%3&"%5%#&"1&;.'*(&0%)*,1?(&/%'6'3&;',*%#1-(-(&/%%&#(&#.5;1"&'-%5("*(-(8&S-(&)(&;.*& )7%"6%&2%&"1&',&5'%&0.,%&)+&*,+%')#+&!"&*,';8&H15&!")+&*,'%1-&!"&*,1;&()*(&.&"(#()%*'*(&'@).-1*+&;("*,1&
;,(7'#(&.,%#4*&0(&51-*3&0',&!"&0(7%"%*%/&/.,&7%&*.*&1"&#.5;-(L&0(&;',*%#1-(&/%%3&0(&7%%"6(&;,%5%*%/(3&#(& 01$&2%&#15&-15('&01$1,%-.,&',(&"(/.%(&!"&.@)(,/'6%%-(&)'-(&0(&.51-&*,1;()#3&,(!"*,1;+,%-(&):',&7'#(&#1&
15;-1&);'6%%-(&1"%/(,)1,%-.,&2%&R"7%"%*1-&%"7%"%*8 )%-'3&#'&2%&,(#,1*',('&).-0'6%-.,&!"&',5'*+8
C1;+ &#15& !"*,1;'*1-&',(&"(/.%(&F%-"%#&)+:2% &,(7'#+&*,1;1-&;,%"&'-%5("*(3&;(,%);%,%*1-& 5(1&)(& !"*,1;'*1-&#',(&":'&'=1")&-'&1"&'"15%*&?,'0&(/.-1*%/3&"1&*,(@1%(&)+&2*%(&0(&-15('&#(,(')#+3&"1&
$,+"(2*(&!"&5.0&'1*.5'*&#1&7-1%01-3&-.?.):1,%-(&)'1&%0(%-(&;(&#',(&P'*+&-(&*,%5%*(&5(,(13&!"&/(#%%& *,(@1%(&)+&2*%(&#+&()*(&/+F1*&!"&7';*(-(&)'-(&')#1")(3&#+&()*(&2*%1*&!"&?4"01,%-(&)'-(&*'%"%#(3&#+&()*(&
/(#%-.,3&0%"&K7(,'&0%/%"+3&#'&)+&!"*,(6%"+&/%'6'3&5%2#',('&2%&(#$%-%@,1-&)7(,(-.,&#,('*(8 .@)(,/'*&)(#1"0+&0(&)(#1"0+&0(&#(%&"(/+F16%8&S&?,(13&(&%")1;.,*'@%-&;("*,1&.51-&'7-'*&-'&2#.'-'&
R0(%-(&;-('#+&0%"&K7(,'&0%/%"+3&.#.-()#&#'&1"&7-1/%1&1,%'2&*.'*(&)7(,(-(&#,('*(3&%"1"0+&*.*1-&0%"& '#()*(%&;-'"(*(8&H15&)+&')%)*(&(-&-'&.&2(0%"6+&#1&1"&5(0%15&2%&)+&'10+&/.,@%"01:)(&0(&)(#,(*(-(&2%&
%"*(,%.,1-&-.,&2%&';.%&)(&!"*.,#&-'&P'*+-3&-14"0&#1&(-(&5'*(,%'&1F'*+&#',(&*,(@1%(&;,(7+#1*+&-'&H("*,18 ?,(2(-%-(&)'-(D&J13&"1&!%&;-'#(3&"1&/'&!"?+01%3&2%&;,(7(,+&5'%&0(?,'@+&)+&)(&-%;)(')#+&0(&.,%#(&7(-&0(&
P'*+-&()*(&#('&5'%&5',(&1F%"+&0(&("(,?%(&0%"&#.)5.)8&J.%3&01$1,%-(3&[+F4"0&#(('&#(&/.%&!"*,1;+,%%& -(?+*1,+&#1&#(%&0%"& );'6%13& 0(#4*& )+ & )(&'7-(& #(& '&7+#1*3& .,%&',(&0(& ?4"0& )+& 7'#+8&R'*+& ;("*,1& #(3&
"1&;1*(6%&/(0('&2%&#1".'2*(3&"(&!"?,.F%5&0(&;1*(,('&K'&%"7%"%*+&2%&=10(#4"0&1,%'2(-(&7.,6(&#(&%"1"0+& 51-6%5('&',(&1"&5.,'-&2./+%*.,3&"(&"('?+&2%&"1&'05%*(&(L%)*("6'&-15%%&".')*,(8
5%-%',0(&0(&#.,;1,%&#(,(2*%3&);,(&6(-1,%&/.%*(&0(&S-3&)%56%5&5%#%5('3&"(;1*%"6'&".')*,+3&2%&#1&)5(,("%(&
"(&)1;1"(5&[.%"6(%&2%&G(?%-.,&K'-(8&K(#1"0+&0(&)(#1"0+3&)1"*(5&2%&)1"*(6%&)#+-0'6%&0(&%0(%&;-(#'*(&
0(&-'&P'*+-8&I#()*(&7.,6(&)1"*&'#*%/(8&J1&(L%)*+&%0((3&-.?.)3&*,%5%)&0(&P'*+-3&#',(&)+&7%(&"(1*,+&)'1&
;')%/+8&R'*+&0(&#(&*.*1-&()*(&'#*%/&!"&-15(3&*.*1-&)(&5%2#+3&7%%"0&!5;%")&;(&0,151-&;(,7(#6%1"%%8 I&$6.&)R*+#=&
H1&'=1*.,1-&#1/4"*1-1%3&P'*+-&"(&#."01#(&;(&".%3&01$1,%-(8&H1&'=1*.,1-&#1/4"*1-1%&)'1&%0(%-.,3&
5'?"(*%F'*.,1-&;,.01#(&'"15%*(&'#6%1"%&'-(&5(0%151-1%&)+18&H1&'=1*.,1-&%0(%-.,3&/.%&:&#'&2%&".%& J.%3 &01$1,%-(3& 0(2%& "1& '/(5& .#$%3& #.,;1-& ".)*,1& 7-1%0%#& /(0(3& '10(& 2%& )%5*(& *.*1-& 0%"& =1,1-&
:;1*(6%&0(*(,5%"'&7(".5("(&#(&1%5()#&;(&#(%&"(2*%1*.,%8&P.'*+&;1*(,('&01$1-1%&#.")*+&!"&!"*,(@1%"6',('& ".)*,18&N,'6%(&'#()*1%&/+F&);%,%*1'-3&)1"*(5&!"&)*',(&)+&/(0(5&*.'*+&?'5'&0(&7-1%0(&0%"&"'*1,+8
%0(%-.,8&P.'*+&*+,%'&P'*+-1%&'&7.)*3&()*(&2%&/'&7%&?10E"*18&K+18 S-(#*,%#%*'*('&#1-(')+&)'1&'@).,@%*+&0%"&);'6%1&0(&?("(,'*.',(-(&)'1&0%"'51,%-(&/.')*,(&#."6%"(&
R0(%-(&).)%*(&0(&-'&P'*+-&%"*,+&!"&#.,;1-&01$1,%-.,&2%&!%&)(,/()#&0(&$,'"+3&0(&7.,6+3&;("*,1&'&#.")*,1%& 0.',&.&)%"?1,+&#'*(?.,%(&0(&7-1%0&0%"&)(,%'&0(&7-1%0(&(-(#*,%#(&#1&#',(&P'*+-&-1#,('F+&!"&#.)5.)8&J.%&
7.,5(:%0(%&0%7(,%*(&0(&%0(('&0%"&R"7%"%*8 /(0(5&#15&;,%"&!"/4,*%,('&,.*.,1-1%&?("(,'*.,1-1%&/.)*,1&)(&#,(('F+&1"&).,@3&#',(&'@).',@(&0%"&?'5'&
C'#+&;,%"&-%@(,*'*('&-+)'*+&0(&9+,%"*(-(&0%/%"3&".%3&.'5("%%&;-'"(*(%&9+54"*3&1*%-%F+5&!"&,+1& 0(&7-1%0(&(-(#*,%#(&).)%*(&0(&)1)&"15'%&7-1%01-&(-(#*,%#&#.,();1"F+*.,&;-'"(*(%&/.')*,(8&[(0(5&#15&
%0(%-(3& 7.,6(-(& *,%5%)(&0(&S-3&"(&!"*4,F%(5&;-(#',('&0(&;(&'#(')*+&;-'"(*+&2%&"1&0+5&;.)%@%-%*'*(& '#(')*+& (-(#*,%#%*'*( & )(&)#1,?(&-'& (L*(,%.,1- & #."01#*.,1-1%3& ')(5("('& ';(%& 0%"*,:1" &#'"'-8&I2'0',&
01$1,%-.,&0(&;(&'-*(&;-'"(*(&)+&/%"+&-'&2#.'-'&"15%*+&9+54"*3&"1&-(&(-%@(,+5&-.#1-3&2#.'-'&"(#()',+& 0%"'51-&/.)*,1&0()7'#(&0%"&)5.#1-&0(&7-1%0(&;(&#(-&'7-'*&!"&,';.,*&#1&;-'"(*'&/.')*,+3&-+)4"0&!"&
-.,&'#158 -%@(,*'*(&;(&#(-(-'-*(8&o%(#',(&7-1%0&!2%&',(&#.5;.F%6%'3&#1-.',('3&/%@,'6%'&2%&;1*(,('&)'&;,.;,%(8&J.%&
0%)*%"?(5&7-1%0(-(&01;+&!")12%,%-(&-.,&2%3&-'&;,%5'&/(0(,(3&01;+&#1-.',('&-.,8
K;1"('5&#+&0%"&K7(,'&0%/%"+3&0%"&#("*,1-&5',%%&)7(,(&'&#,('6%%-.,3&1"0(&(,'5&;,.71"F%&%?".,'"6%3&
'
<
&C'/',&`(@,8&:&#1/4"*3&-1#,1b&:&S)*(&H1/4"*1-&0%"&K74"*'&K#,%;*1,+ &u:'&!"#(41*&'&;2)*&?10E"*18999r/ &,(;,(F("*4"0&5'"%7()*',('&
.%&'=1")&!"&'04"#1-&'04"#1,%-.,8&I%#%&'5&!"#(;1*&)+&!"/+6+58&H(&?,('&2%&-1"?+&'&7.)*&2#.'-'3&#(&51-*
C%/%"%*+6%%&!"&#,('6%(8&I0.,'*&#'&R2/','&!"&[(0(3&#'&*(*,'?,'5'&5"Y&!"&H'@'-'3&()*(&G.?.):1-&)'1&[(,@1-&#,('*.,&'-&?,(#%-.,&2%&K74"*'&
P,(%5(&:&P'*+-3&o%1-&2%&K74"*1-&C1$&:&C%/%"%*'*('&!"&*,(%&9(,).'"(&'&#,(2*%"%-.,8
VX_ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"&?(, VXU

'5&)17(,%*&;4"+&'5&'=1")&'%#%3&-'&)*'0%1-&0(&'&*(&;1*('&-15%"'&2%&;(&*%"(3&7,'*(8&>*%%"6'&"1&"%&):'&0'*&0(& >*%%"6'&H(,1-1%
)1)&0(:'&?'*'8&I1&*,(@1%*&01,(,%3&)742%(,%3&)17(,%"6(&'*,.#(3&51"#+&2%&%',&51"#+3&;("*,1&'&7%&#42*%?'*+3&
/(,%7%#'*+&2%&!"#,1)*'*+&;(&/(#%&!"&5%#'&".')*,+&)#4"*(%(8
G(?('&'&#(,1*&2%&/'&#(,(&!"&/(2"%#%(A&!"0'.+/&,%5%#+6*(&3%&(0281('M+b H1&#4*&01$1-&)(&,%0%#+&;(&*,(;*(-(&#1".'2*(,%%3&)1;1"(,%%&2%&)7%"6("%(%3&#1&'*4*&)(&!"0(;+,*('F+&0(&
K(&;1"(&!"*,(@',('A&C'#+&(2*%&1"&"(2*%1*.,3&1"&%?".,'"*&0()+/4,2%*3&#15&)+&(/.-1(F%D&I%#%&(& '*,'#6%'&'&*.*&#(&';',6%"(&;+54"*1-1%8&K%"?1,'&)'&;,(.#1;',(&/'&7%Z&2*%%"6'&H(,1-1%&2%&';-%#',('&(%&-'&
5',(-(&5%)*(,8 )#',+&5%#,.#.)5%#+3&-1#,4"0&-'&5',('&.;(,+&'&H,('*.,1-1%8
P'*+-&"1&'&/,1*&)+&"(&*,%5%*+&!"&-15(&#'&)'/'"6%3&0',&"(:'&0'*&G15%"'&#'&)+&"(&-15%"+5&2%3& 9(&.,%#',(&);%,%*&0%"&);'6%1&-:'%&!"*,(@'&#1&#(&)(&.#1;+3&!6%&/'&,+);1"0(&')(5+"+*.,A&B!"&'7',+&0(&
@4=@4%"03&#+F4"0&2%&,%0%#4"01:"(3&'5&/+F1*3&'5&.@)(,/'*&2%&!"/+6'*8&P,%5%64"01:"(&!"&-15(3&P'*+-&"(: 5%)%1"%-(&;,%5%*(3&)*10%(F&;,.@-(5(-(&/%(6%%&0(&;,(*1*%"0("%Z3&'7-4"0&0%"&*'%"(-(&1"%/(,)1-1%E8
'&;,(?+*%*&*.*1-&#'&)+&'/(5&;.)%@%-%*'*('&)+&!"/+6+58 K;'6%%-(&)1"*&;-%"(&0(&%0(%8&9,%"&1,5',(3&;1*(5&)+&"(&!5@.?+6%5&#1".2*%"6(-(8&C',3&"1&-(&;1*(5&
!"#(*1-&#1&!"#(*1-3&"(?1,'&"(2*%%"6(%&):'&,%)%;%*&0%"&=1,1-&".)*,1&2%&'5&!"#(;1*&)+&'7-+5&,('-%*'*('& 0()#%7,'&;(&*.'*(3&#+#%&1"(-(&%0(%&';',6%"&'-*.,&*,(;*(&0(&(/.-16%(8&G(&/(0(5&#1-.',('&2%&7.,5'3&'1F%5&
.;(,(%&K'-(8 51F%#'&-.,3&0',&"1&-(&;,%#(;(5&!"6(-()1-8
I#15&2*%5&#+&.'5("%&)(&?+)()#&"1&"15'%&;(&;-'"(*'&9+54"*3&#%&;(&*.'*(&5%-%',0(-(&0(&#.,;1,%& R'*+&1"&(L(5;-18&K+&;,()1;1"(5&#+&1"1%&.5&0(&;(&*%5;1-&C.5"1-1%&".)*,1&R)1)&H$,%)*.)&%&):',&7%&
#(,(2*%& 0%"& #(-( &;'*,1 & 1"%/(,)1,%3 & 0',3 &'1 &'-*+& '-#+*1%,( &7%F%#+ & 2%& 0%5(")%1"(3 &;.*,%/%* & 5'*(,%(%& 2%& /.,@%*&0(&'/%."8&S%Z@%"(3&.,%#4*(&/.,@(&):',&7%&!"*,(@1%"6'*3&(-&*.*&":',&7%&!"6(-()&#(&()*(&1"&'/%."3&
#."0%6%%-.,&;-'"(*(%&,();(#*%/(8 0(.',(#(&%0(%-(&,(7(,%*.',(&-'&(-%#(3&/%03&;,()%1"(3&5.*.,3&(-(#*,%#%*'*(&(*#8&"1&(,'1&#1".)#1*(&;(&*%5;1-&
>*%5&#+&*.*&#(&(&)1)&()*(&2%&=.)3&'0%#+&*.*&#(&(L%)*+&!"&K7(,'&P'*+-1%&()*(&2%&!"&H(,1-&).,%-.,&:&'& )+18&C',&*.*12%3&'#()*(&%0(%&;-1*('1&;,%"&);'6%1-&7-1%0%#&'-&)%)*(51-1%&".)*,1&).-',3&;("*,1&#+&'/%."1-&(,'&
o%%-.,3&;,(#15&2%&!"&H(,1-&;-'"(*(-.,&:&'&K7%"*(-.,&C1$1,%8 0(='&#.")*,1%*&2%&71"#6%."'&;(&.&'-*+&;-'"(*+&'&'#()*1%&)%)*(58&p%"(!"6(-()3&'#.-.&'/('&'-*+&7.,5+3&0',&
U',%%&".2*,%&;,.7().,%&#(,(2*%&"(&);1"A&BI%#%3&!"&=1,1-&".)*,13&)(&'7-+&*.*&#(&(L%)*+&!"&K7(,'&0%/%"+3& (,' &5%2#'*& *.* &;,%"& 5.*.,3 & .'5("%% &0( & '#.-. & )(,/%"01:)( &0(& '/%."& #1& 5%% &2%& 5%% &0(& '"%& !"'%"*('&
0',&7+,+&P'*+-E8 0()#.;(,%,%%&-1%&;(&;+54"*8&H$%',&2%&'#15&5'%&(L%)*+&;(&;+54"*&.'5("%&#',(&"1&#1".)#&;,%"#%;%1-&
K'/'"6%%&".2*,%&!"?(,%&"(&);1"A&BJ.%&'5&7.)*&-'&P'*+-&2%&'5&/+F1*&R5;(,%1-&K+13&0',&"1&'/(5&/.%(& F@.,1-1%&2%&'-#+*1%,('&'/%."1-1%8&R0(%-(&"1&;.*&7%&;,%5%*(&2%&')%5%-'*(&0(#4*&'*1"#%&#4"0&.51-&'&'=1")&-'&
)+&);1"(5&#(&'5&/+F1*&2%&2*%5&0(&'#.-.E8 ?,'01-&0(&'&;1*('&!"6(-(?(&')(5("('&%0(%8&o%(#',(&*,(';*+&'&(/.-16%(%&',(&%0(%-(&)'-(8&J.%3&01$1,%-(3&
G'&!"#(;1*&'5&;,.*()*'*3&')(5("('&1".,&%?".,'"6%3&#'&2%&/.%3&0(&#(&"1&"(&);1"&2%&".1+3&#'&)+& *,+%5&!"&-15('&5'*(,%%-.,&(*(,%#(3&;(&#',(&-(&)*10%(5&2%&#1&#',(&-1#,+53&,('-%F4"0&0%"&(-(&*.*&#(&/,(58&
#1".'2*(5&2%&".%3&0',&';.%&%:'5&,1?'*&7,15.)&)+&"(&!5;+,*+2(')#+&2%&".1+&#4*(&#(/'8 C',&#15&)+&/+&7'#(5&;(&/.%3&7,'6%%&".2*,%3&!"*(5"%6'6%&!"&-1*3&)+&!"6(-(?(6%&#$%5%'&2%&7%F%#'&.;(,(-.,&
:C,'?%%&".2*,%&7,+6%.,%&:&"(&,+);1"0('1&!"?(,%%&:&(/.-16%'&"1&;(,5%*(&;,%5%,('&#1".2*%"6(-.,&0(#4*& ".')*,( & 7+#1*( & #1 & '#()*( & 5'*(,%% & (*(,%#(3 & %"/%F%@%-( & .#$%1-1% & /.)*,1 & 2%& %")()%F'@%-( & *,1;1-1% & /.)*,1&
-'&*,(';*'&#.,();1"F+*.',(8&[.%&"1&'6%&'*%")&?,'01-&#',(&;(,5%*(&)+&#1".'2*(6%&H(,1-&P'*+-1%8 ?,.).-'"D&a,%#4*&'5&#+1*'&)+&/%&-(&0()#,%(53&/+&/'&7%&%5;.)%@%-&)+&-(&!"6(-(?(6%8
:C',&#',(&',&7%&;'?1@'&)+&#1".'2*(5&!"'%"*(&0(&5.5("*1-&#.,();1"F+*.,&(/.-16%(%&".')*,(D&C(&#(& C1$1,%-(&7'#&.&01@-+&2#.'-+A&<8&!"&H(,&:&-1#,4"0&#1&5'*(,%%-(&(*(,%#(&2%&)1@&%5@.-01-&%0(%-.,&#(&
"1&'/(5&/.%(&)+&#.-%"0+5&!"&-1"?&2%&!"&-'*&1"%/(,)1-3&#'&)+&/(0(5&2%&)+&!"/+6+5D&:&!"*,(@'5&!"& ;-1*()#&;,%"&);'6%13&;,%")(&2%&%"*(,;,(*'*(&0(&#(%&#(&-(&;.*&!"6(-(?(Q&V8&;(&;+54"*3&#'&.'5("%&*,1;(2*%&:&
"(2*%%"6'&".')*,+8 ;,%"&%"*(,5(0%1-&#+,6%-.,&)#,%)(&0(&.58
:9-('#+3&7%1-(3&01:*(&2%&/(F%3&0'#+&;.6%8 I#15&!6%&;%#1,&0%"&".1&#4*(/'&%0(%&0(&#',(&"1&'/(6%&#1".2*%"6(8&c+F@.'%(-(&)1"*&.;(,'&.51-1%3&0',&(-(&
:I5&;-(#'3&0',&"1&2*%5&#153&!"/'6+:"(&015"('*'3&#+#%&(2*%&!"?(,3&0(#%&2*%1*.,&2%&;1*(,"%#8 )1"*&0%#*'*(&#$%',&0(&)1)3&0(&"(#()%*+6%-(&(/.-1*%/(8&K+&"1&/+&);(,%'6%3&"%#%&)+&"1&/+&5%,'6%8&BH15D&:&
:C,'?1-&5(13&"1&(1&*(:'5&'01)&'%#%3&#%&T"1-&#1&51-*&5'%&5',(&2%&5'%&2*%1*.,&0(#4*&5%"(3&%',&1"& /(6%&F%#(&/.%&:&H(,1-&/,('&#,1F%5(3&1#%0(,%3&)17(,%"6+3&-'#,%5%-(&5'5(-.,3&#.;%%-.,&2%&/+01/(-.,DE&C'3&
I-*1-&5'%&5',(&;()*(&*.'*(&U+,%5%-(&-15%-.,&*(:'&*,%5%)&0(&'#.-.&0(&)1)8&H4"0&%1@%,('&*'&;("*,1& ,+);1"0(5 & ".%8 & P,1;1- & 15'" & ()*( & . & 5'*(,%( & ;-'"(*',+Q & (' & "1 & )( & 0%)*,1?(3 & #% & "15'% & )( & ;,(7'#(8&
S-&/'&#,(2*(3&S-&*(&/'&#$(5'3&*(&/'&'*,'?(&#+*,(&S-3&#1&2*%,('&)'1&7+,+&2*%,('&*'8&P1&"1:G&/(%&%1@%&0%"& ['-.',('&*,1;1-1%&()*(&0(#%&,(-'*%/+8&H(('&#(&()*(&5'%&%5;.,*'"*&(&);%,%*1-8&S-&*,(@1%(&)+&(/.-1(F(8&
*.'*+&;1*(,('&7%%"6(%&*'-(&0(#4*&'*1"#%&#4"0&!-&/(%&#1".'2*(8&C%,(#*&"1:G&/(%&/(0('&"%#%.0'*+3&#4*& R"0%/%01-&2%&;.;.',(-(3&#'&1"%*+6%3&*,(@1%(&)+&*,('#+&;,%"&71,"'-1-&01,(,%-.,&0(&*.*&7(-1-3&;("*,1&'&)(&
/(%&7%&!"&)7(,'&#,('*+8Z&!")+&!-&/(%&#1".'2*(&%"0%,(#*3&;,%"&);-("0.',('&#,('6%%-.,&2%&',5."%'&G(?%-.,& ,%0%#'8
K'-(8&C',&#'&)+&!"6(-(?%&'#()*(&5%"1"'*(&7+;*1,%&'-(&!"6(-(;#%1"%%&K'-(3&*,(@1%(&)+&!"/(6%8&!"/'6+& K*+,%-(&).#%'-(&*,(@1%(&)#$%5@'*(&0%"&*%5;3&);,(&.&7.,5+&)1;(,%.',+3&!"&#',(&/%'6'&)+&7%(&5'%&
7%1-(3&)%-(2*(:*(&)+&/(F%3&.@)(,/+3&#(,#(*('F+3&#."7.,5('F+:*(&.,0%"%%&5.,'-(%&)*'@%-%*+&0(&K*+;4"1-& 0,(';*+3&5'%&12.',+3&5'%&'-()&;("*,1&#(%&51-6%&2%&15%-%8&C'3&,+F@.%1-&(&.&.;(,+&0(*(,5%"'*+&0(&)1)3&
".)*,1&).-',&2%&/(%&7%&'*,')&!"&)1)&0(&R1@%,('&P'*+-1%&#(,()#8 01;+&1"&;-'"&2%&'"15%*(&)#.;1,%8&S-&',(&-'&@'F+&)'#,%7%#%1-8&9,%"&)'#,%7%#%1-&7%%"6(%&)'-(&*,1;(2*%3&);%,%*1-&
:C15"('*'&7%%"0&!"?(,3&#1".2*%&*.'*+&7%F%#'&2%&#$%5%'&7-1%0(-.,3&!"/'6+:"(&)+&"(&0(F@,+#+5&$'%"'& 1,#+&#4*(/'&*,(;*(&'-(&%"7%"%*(%&)#+,%&(/.-1*%/(8&9,%"&1,5',(3&,+F@.%1-&(&.&;'?%"+&0%"&5',('&#',*(&'&
7-1%0%#+&*(,()*,+&#',(&"(&'*,'?(&!"&=.)&2%3&(-%@(,4"01:"(&0(&('3&)+&"(&01#(5&)1)&-'&P'*+-&".)*,1&0(& (/.-16%(%&).#%'-(8
1"0(&'5&;.,"%*8 R"&'-*(&*%5;1,%3&,+F@.%1-&)(&;1,*'&!"*,(&*,%@1,%3&%',&5'%&*4,F%1&:&!"*,(&;.;.',(8&I#15&(-&#'1*+&)+&)(&
:J1&;.*3&7%1-(3&;("*,1&#+&"1:5%&()*(&;(,5%)&2%&#$%',&0'#+&'2&7'#(:.3&P'*+-&".)*,1&']*1*1,.,&"1&*(& !"*%"0+3&)+&)(&?("(,'-%F(F(3&*4,4"0&!"&#%&5'%&51-*(&#."*%"("*(8&T"&;,%5&5.0(-&'&7.)*&,+F@.%1-&5."0%'-&
/'&;,%5%3&0(.',(#(&"15'%&%1@%,('&7'6+&0(&S-&*(&;.'*(&#$(5'3&*(&;.'*(&'*,'?(&);,(&S-8&R1@%"01:G&2%& 0%"&1,5+<8&!"&0(#1,)1-&'#()*1%&1,%'2&!"/+-5+2'?&0(&.'5("%&2%&);%,%*(3&):'1&#.@.,4*&0%"&!"+-6%5%-(&-.,&
%1@%"0&*.*&#(&S%&'&#,('*3&)1;1"4"01:*(&!"*.#5'%&G(?%-.,&K'-(3&/(%&7%&#$(5'*3&'*,')&#+*,(&S-&2%& )1@-%5(&#(*(&"()74,2%*(&0(&!"?(,%8&K#.;1-&/("%,%%&-.,&-'&)1;,'7'6'&;+54"*1-1%&'&7.)*&)+&!"#."=.',(&#1&
)17-(*1-&*+1&)(&/'&54"*1%3&/'&)#+;'&0(&,.@%'&5'*(,%(%&-15%-.,&#,('*(8 -15%"'&-.,&;(&#(%&#(&!2%&;+,+)('1&*,1;1-8
R1@%,('&',(&.;1)1-&(%&:&1,'8&R1@%,('&*(&'*,'?(&!"&)1)&#+*,(&H("*,1-&#,('*.,8&T,'&*(&!"0(;+,*('F+3&*(& c+F@.'%(-(&/.,&7%&0(&'#15&!"#.-.&*.*&5."0%'-(3&;("*,1&#'&(/.-16%'&).#%'-+&)+&)(&7'#+&)%-%*&2%&5'%&
?."(2*(&!"&=.)3&-'&;(,%7(,%(8&R1@%,('&(&#'&$%0,.?("1-&#(&*(&!"'-6+3&%',&1,'&:&#'&@'-')*1-&#(&*(&'*,'?(&=.)8 ?,+@%*8&T-*%51-&,+F@.%&5."0%'-&'&#(,1*&)'#,%7%#%%&5+,%8&9()*(&Vq&5%-%.'"(&0(&);%,%*(&'7-'*(&!"&7,."*&2%&!"&
R1@%"03&;+F%"0&.,0%"(-(&P'*+-1%&0(/%%&"(;.*,%/%*&#1&#(%&0(&;(&;+54"*3&2%&*(&/.,&?."%3&);,(&".%3& );'*(-(&7,."*1-1%&2%:'1&;+,+)%*&*,1;1,%-(8&I*4*&0(&'*,.#(&'1&7.)*&)17(,%"6(-(&2%&'*4*&0(&"15(,.2%&.'5("%%&
)-1=%*.,%%&P'*+-1%8&[(%&)17(,%&0%"&#'1F'&%1@%,%%&*'-(3&0',&/(%&7%&1"&7(,%#%*&'-&;+54"*1-1%8&H(-&#(&1,+2*(& #',(&2%:'1&;+,+)%*&#.;%%%3&).6%%-(3&;+,%"6%%3&!"#4*&#1&*.'*+&;,(F("6'&#(*(-.,&!"?(,(2*%3&);%,%*(-(&'1&;,.*()*'*&
"%#%&"1:%&*,(#(&;,%"&5%"*(&)+&;+,+)(')#+&'#()*&;+54"*3&1"0(&!2%&;.'*(&5'"%7()*'&=.)"%#%'3&*,'01)+&;,%"& #+&):'&;(,5%)&'#()*&,+F@.%3&)#$%5@4"01:-(&0()*%"1-&*,')'*&0(&(-(&2%&';,.@'*&0(&o.,1-&#( &'&)*'*1'*&
-+#.5%(3&71,*3&#,%5+8&(*#8 ;,.?,'51-&/%(6%%&-.,&*(,()*,(8&K;%,%*(-(&):'1&,+F/,+*%*&2%&'1&,+F/,+*%*&;(&#(%&0(&=.)3&0(*(,5%"4"0 &;(&
o-.',('&%1@%,%%&"1&)(&!"*4-"(2*(&!"&F."'&'&R-R:'3&'&01$1,%-.,&,.2%%3&('&';',(&7.',*(&,',&!"&F."'&'&R-:'3& #."01#+*.,%%&-.,&)+&*(,5%"(&,+F@.%1-3&#+#%&)17(,%"6'&'*%")()(&#1-5%&"(5'%/+F1*(&;(&;+54"*8
'&01$1,%-.,&'-@')*,(3&2%&"15'%&!"&F."'&'&R:'&#.")*%*1%(&#4,5'&#."01%*(%&01$1,%-.,&'-@(8 I#6%."4"0&#."*,'&/.%"6(%&#(*(-.,&!"?(,(2*%3&;+54"*("%%&2%&.'5("%%&#(,(2*%&'1&#."*,%@1%*&-'&*(,5%"',('&
H'&)+&1,#+5&);,(&F."'&!"?(,%-.,3&)(&#'0(&)+&"(&0(;,%"0(53&;(&;+54"*&2%&!"&H(,3&)+&%1@%5&2%&%',&)+& 5+#(-1-1%&.5("()#8&C%"&'#(')*+&#'1F+3&#."01#+*.,%%&;.;.',(-.,&'1&!"#(*'*&,+F@.%1-&#',(3&!"&0(7%"%*%/3&
%1@%53&2%&)+&"(&0(@',')+5&0(&;.,"%,%-(&#(&"(&*4,+)#&);,(&1,+8 ":'&'01)&).-16%'&7%"'-+&;("*,1&#',(&)(&;-+"1%)(&!"&H(,&'#(')*+&)17(,%"6+8&c+F@.%1-&(,'&$.*+,4*&)+&)(&
C'#+&%1@%,('&?,+@(2*(&(/.-16%'3&1,'&.&!"#(*%"(2*(&)'1&#$%',&.&.;,(2*(8&K+&'/(6%&!"&7'6'&5%"6%%& *(,5%"(&#1&.&5%2#',(&).#%'-+&!"&*.'*(&)*'*(-(&@(-%?(,'"*(&'-(&S1,.;(%3&#1&.&'"',$%F',(&5.5("*'"+3
/.')*,(&R1@%,('&K*+;4"1-1%&".)*,1&!5;+,'*&R)1)&H$,%)*.)3&#',(&0(&5%-%',0(&0(&)(#.-(&"1&5'%&2*%(&0(&
1,+3&S-&%(,*4"0&#$%',&2%&;(&#(%&#(&G:'1&#$%"1%*&2%&.5.,4*&*,1;(2*(8&K-+/%*&2%&@%"(#1/4"*'*&)+&7%(&"15(-(&
K+13&!"&/(#%%&/(#%-.,8&I5%"8
<
&S)*(&/.,@'&0(&;,%5'&#."7-'?,'6%(&5."0%'-+3&#.51"%#+,%-(&7%%"0&;,%5%*(&!"&;(,%.'0'&%"*(,@(-%#+8
VXV >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"&?(, VXW

#',(&0()7%%"6'&*.'*(&'2(F+,%-(&2%&#-')%7%#+,%-(3&;("*,1&'&)(&.,?'"%F'&-15('&;(&'-*(&@'F(&5'%&0,(;*(3&5'%& 01$1,%-(&#',(&/.5&*(,5%"'&2#.'-'&;-'"(*(%&9+54"*&"(&,(*,'?(5&;(&G1"+3&2%&01;+&#(&"(&.0%$"%5&0(&
7,15.')(3&#1&1"&;')&5'%&!"'%"*(3&5'%&';,.';(&0(&0.#*,%"'&-1%&H$,%)*8&I#()*'&(,'&;-'"1-&1,5+,%*&0(& ?,(1*+6%-(&(/.-16%(%&7+#1*(&;(&9+54"*3&/.5&;.,"%&#+*,(&1"&?-.@&)1;(,%.,&'#()*1%'8&H4"0&/'&)1"'&
)1)3&#'&1,5',(&'&,+F@.%1-1%&5."0%'-8&C',&,+F@.%1-&'&7.)*&!"*,(,1;*&-'&5%=-.#1-&0,151-1%e&7+,+&'*%"?(,('& #(')1-&54"*1%,%%&".')*,(3&#4"0&*(,5%"+5&)*10%%-(&9+54"*1-1%3&/.5&;-(#'&0(&;(&(-8&C',3&0%"&"(7(,%#%,(3&
)#.;1-1%&1,5+,%*8&C(&'#(('&/.%&"1&/(6%&7%&-%"%2*%6%3&"1&/(6%&*,+%&F%-(&)("%"(8&c+F@.%1-&/'&)*'&7'*'-&-'& "1&/.5&;-(#'&#1&*.6%%8&U',(-(&".)*,1&?,1;3&')(5("('&#(-.,-'-*(&?,1;1,%&*(,()*,(3&()*(&7.,5'*&0%"&
?,'"%6' & 7%(#+,1% & )*'*3 & ;("*,1 & #+ & (0%7%#%1- & (1,.;('" & "1 & ' & 7.)* & !"#+ & '2(F'* & ;( & . & 71"0'6%( & 01,'@%-+3& %"0%/%01'-%*+6%&(*(,.?("(8&9,%"&1,5',(3&"1&;1*(5&)*'&;(&'#()*&?-.@&;4"+&#(&*.'*(&(-(5("*(-(&?,1;1-1%&
#."7.,5+&?,'01-1%&(/.-1*%/&'*%")&0(&9+54"*8 ".)*,1&!2%&*(,5%"+&2#.'-'&;-'"(*',+3&'0%#+&)+&'2*(;*+5&#'&*.6%&)+&'=1"?+&-'&1"&'"15%*&?,'0&0(&(/.-16%(8&
H(-(-'-*(&01$1,%&0(&;(&9+54"*&"(&?."()#3&'-*(&/'-1,%&)'1&?,1;+,%&'2*(;*4"0&)+&"(&%'&-.#1%8
S?'-%*'*(3&1"%7.,5%*'*(&"1&(L%)*+&"%#+%(,%&!"&1"%/(,)1,%3&!"&"'*1,+3&;("*,1&#+&"1&()*(&!"?+01%*+&0(&
H,('*.,8&I7%,5'6%'&1".,'&0%"*,(&;+54"*("%&#+&/.,&(?'-%*'*(&()*(&.&5%"#%1"+&)7,1"*'*+8
G1"'8&9-(#',('&0%"&'#()*&)%)*(5 H4"0&*(,5("1-&)(&/'&!5;-%"%3&#4"0&5'=.,%*'*('&01$1,%-.,&15'"(&!2%&/.,&*,(#(&(L'5("1-&.@-%?'*.,%1&
'-&'#()*(%&;-'"(*(3&"(&/.5&,(*,'?(3&0(.#'50'*+3&;(&)'*(-%*1-&".)*,13&;(&G1"+8&I#.-.&/.5&)*'&#4*(/'&

)(#.-(&2%&/.5&7'#(&*,%(,('&5',(-1%&".)*,1&?,1;8
R" & 1-*%5' & K' & !"*,1;',( & ;( & ;+54"*3 & K.-',1- & ".)*,1 & ' & !"7%%"6'* & . & ,(-%?%( & : & #$%"*()("6' & *1*1,.,& 9(&G1"+3&/.5&7'#(&#(('&#(&'&7+#1*&U.%)(3&5',(-(&01$&#(,()#3&;("*,1&'&)(&#."7.,5'&1"(%&!"'-*(&
,(-%?%%-.,&0(&;4"+&'*1"#%8&P.'*(&,(-%?%%-(&;+54"*1-1%&'1&7.)*&!"*(5(%'*(&#1&';,.@',('&G1%8&o%(#',(& *,'0%6%%&);%,%*1'-(8&S-&'&*4,4*&'"15(&;.;.,1-&(/,(1&!"&0(2(,*3&;("*,1&':<&;1,%7%#'3&*,%'&2%&0(F@+,'&0(&
,(-%?%(&'&7.)*&0'*+&;.*,%/%*&(/.-16%(%&.51-1%&2%&'&9+54"*1-1%8 .@%#(%1,%-(&=.)"%#(3&#."*,'#*'*(&0(&'#()*&5',(&*,%@&1"%*',&!"&*%5;1-&2(0(,%%&)'-(&!"&S?%;*8&!"&;1)*%13&)1@&
K&,(8%-%(&()*(&0'8'A%8+&52',&4("*,1&2&'"17%*+&(42#+&3%&#28(#*%0%*'*(&)4%,%*1'8+9&P.'*(&,(-%?%%-(&!"#(;& ');,%5(' & -%;)1,%-.,3 & #(% & "+,+/%6% & '1 & ;%(,%*3 & %', & #(-., & 5'% & *%"(,%3 & 0(F.@%2"1%6% & 0( & 51-*( & )1;(,)*%6%%3&
;,%"&'&7%&7,15.')(3&)1@-%5(3&0',&!"#(*1-&#1&!"#(*1-&)1"*&'-*(,'*(3&;4"+&#(&0%);',(&0%"&(-(&7,151)(6('&2%& ;1,%7%#'6%&*,1;(2*(&2%&)17-(*(2*(3&-%&):'1&0'*&".%&0%,(#*%/(&0(&#."01%*+&2%&!"6(-(?(,(8
!"6(-(;#%1"('&(L;,%5'*+&-'&!"#(;1*8 >(0(,('&".')*,+&;(&G1"+&()*(&#(,1*+&0(&G(?%-(&0%/%"(8&I%#%3&!"&F."'&7-1%0%#+&-1"',+&"(&/.5&
[.,@()#&0();,(&,(-%?%(3&0',&"1&'5&0'*&.&0(7%"%6%(&'&(%8&H(8%-%'&()*(&3*%%".'&#',(&5%#*('M+&27181% & ,(/(0('&)*',('&5.,'-+3&/.5&#+1*'&)+&!"0,(;*+5&;(&1"%%&2%&!"*+,%&;(&'-6%%3&0',&"1&/.5&5'%&!"/+6'&"%5%#&
"2,7(8(&5(&#2"51#(,(&!"&0%'.'&*(,()*,+/&#2";2,7&,(-18%82,&d'*+81%&#(,()#/&'5'4*'*(&8'&,(-18%8(&`%181% & 0%" & ;1"#* & 0( & /(0(,( & %"*(-(#*1'-8 & 9( & )'*(-%6%% & ;-'"(*(-., & "1 & )( & 7'# & )*10%% & 0( & #1".2*%"6( & #% & "15'%&
3%&'8(&@;E"*181%&>1$9 ,(/%F1%,%&0(&#."#(;6%%&5.,'-(8&H4"0&)(&/'&%);,+/%&*%5;1-&2(0(,%%&".')*,(&;(&)'*(-%*1-&9+54"*1-1%3&"(&
G(?%-(&P'*+-1%&)1"*&;,('&,%?1,.')(3&7+#1*(&5'%&51-*&;("*,1&-15%-(&'"?(-%#(&0(&*.'*(&?,'0(-(8&H15& /.5&-1'&F@.,1-&);,(&'-*(&)%)*(5(&).-',(8
.5("%,('&0(&;(&;+54"*&()*(&0(;',*(&0(&!"6(-(?(,('&2%&;1,%*'*('&!"?(,%-.,3&G(?%-(&)17(,+&.&'0';*',(& H4"0&;+,+)()#&.&;-'"(*+&;("*,1&'&)(&01#(&;(&'-*'3&7%(&!"&)%)*(51-&'#(-'3&7%(&'%1,('3&*.'*(&01$1,%-(&
;.*,%/%*+&?,'01-1%&(/.-1*%/&'-&K.',(-1%&".)*,13&2%&';.%3&'-&9+54"*1-1%8&9,%"&1,5',(3&G(?%-(&P'*+-1%& *,(@1%(&)+&)(&.;,(')#+&1"&*%5;&;(&)'*(-%*1-&;-'"(*(%&,();(#*%/(8&H4"0&).)()#&!"&;,('=5'&1"(%&;-'"(*(3&
';-%#'*(&!"&K7(,'&0%/%"+&)17(,+&.&5.0%7%#',(3&.&'0';*',(&;.*,%/%*+&7%(#+,1%&)%)*(5&).-',3&01;+&?,'01-& 0(&')(5("('&*,(@1%(&)+&)(&.;,(')#+&1"&*%5;&!"&/()*%@1-1-&'#(-(%&;-'"(*(3&'0%#+&!"&)'*(-%*1-&)+18&I2'0',&
)+1&(/.-1*%/&2%3&!"&7%"(3&)17(,+&'&0.1'&'0';*',(3&01;+&7(-1-&2%&?,'01-&(/.-1*%/&'-&;-'"(*(%&;(&#',(&)(&/.,& )(&7'#(&.;,%,(&;(&)'*(-%*1-&;-'"(*(%&-'&).)%,(&2%&-'&;-(#',(8
';-%#'8 >(0(,('&".')*,+&;(&G1"+&/'&01,'&#4*(/'&)1*(&0(&'"%3&2%&*.*12%&0(&'#.-.&/.5&2*%&-'&;(,7(#6%(&*.*&#(&
G15('&01$1,%-.,3&#'&2%&-15('&*,1;(')#+&0(&;(&9+54"*1-&".)*,13&)(&;,%5("(2*(&5(,(18&!"*,:'0(/+,3& )(&;(*,(#(&;(&9+54"*8&9-(#',('&?,1;1-1%&".)*,1&)(&/'&;1*('&7'#(&0.',&01;+&).)%,('&!"*4,F%'6%-.,&".2*,%3&
0%"&*%5;&!"&*%5;3&0(&;(&?-.@1-&".)*,1&;-('#+&#(*(&0(&);%,%*(&2%&!"&-.#1-&-.,&).)()#&'-*(&)*.-1,%&0(&);%,%*(8& #4"0&)(&/'&;,.#(0'&-'&*,%(,('&".')*,+8
T"(-(&/%"&0(&;(&.&;-'"(*+&'&)%)*(51-1%&".)*,13&'-*(-(&0(&;(&;-'"(*(-(&'-*.,&)%)*(5(8&H4"0&'#(2*%&".%&
).)%6%&)(&!"*,1;('F+3&;,.01#&;(,*1,@+,%&!"&)*',('&).#%'-+&2%&5("*'-%*'*('&.5("%,%%&*(,()*,(3&;(,/(,*%"0& H4*&/.5&)*'&;(&G1"+&/.5&'/('&.#'F%'&)+&/("%5&!"&#."*'#*&#1&51-*(&?,1;1,%&0(&01$1,%&).)%*(&
%0(%-(&,(-%?%.')(&(L%)*("*(8 '#.-.8&K1;(,%.,%%&".2*,%&/.,&6%"(&;,(0%#%3&%',&)1;(,%.,%%&'-*.,'&/.,&',+*'&2%&(%&)#.;1,%-(&#(&-(&1,5+,()#8&
C'*.,%*+&'#()*.,&;,(7'#(,%&5.,'-(&2%&);%,%*1'-(3&N1/(,"'*.,1-&).-',&(&"(/.%*&)+&#.@.',(&!"&);'6%1-& C%"&(L;1"(,%&,(;(*'*(&)(&;.'*(&#'&1".,&%"0%/%F%&'%&'-*.,&?,1;+,%&)+&-%&)(&;',+&#+&6(-1,%-(&2%&#1".2*%"6(-(&
9+54"*1-1%&".)*,13&1"0(&)1*(&0(&'"%&;,(0%#+&0%"&".1&01$1,%-.,&*'%"(-(&#(,(2*%3&01;+&#',(&#.@.',+&2%& ?,1;1-1%&".)*,1&)1"*&5'%&!"'-*(&2%&)(&/.,&'-%;%&0(&?,1;1-&".)*,18&C',&)(&;.'*(&#'&1"&'-*&?,1;&)+&7%(&5'%&
;(&;+54"*3&7+#4"01:)(&.5&*,1;()#3&01;+&,(?1-%-(&7%,%%&)*'@%-%*(&0(&P'*+-&#(,()#3&;("*,1&*.*&#(&(&7%%"6+& '/'")'*&0(#4*&'-&".)*,13&2%&0(#%&)+&;%(,0(5&0%"&5(5@,%%&)'1&7,'6%%&".2*,%8&I)(5("('&#42*%?1,%&)'1&
*,1;(')#+8 & c(/("%"0 & ;( & ;+54"*3 & ;,%"*,( & .'5("%3 & G15%"' & -15%"%-., & #(,(2*% & /' & ;,(0%#' & 0%" & ".1& ;%(,0(,%&0(&5(5@,%%&".%&"1&)1"*&;.)%@%-(&;(&*%5;1-&01,'*(%&2#.-%%&;-'"(*',(8&a&0'*+&#(&1"&?,1;&'&).)%*&
'0(/+,1,%-(&(*(,"(3&2%&;("*,1&#'&/.,@(-(&K'-(&)+&;,%5(')#+&*.'*+&*+,%'&"(#()',+&2%&.5("%,('&)+&/'0+&!"& 0(&;(&G1"+&;(&9+54"*3&"%5("%&"1&)(&5'%&;.'*(&0(F-%;%&0(&(-Q&;(&0(&.&;',*(3&0%"&#'1F'&0(.)(@%,%%&0(&
o%%"6'&K'&.&7.,6+&)1;,'.5("(')#+3&S-&7'#(&#4*(/'&0(5.")*,'6%%&#(&*,(#&0%"#.-.&0(&;1*(,('&0(&,('-%F',(& /(0(,%&'&7%(#+,1%&?,1;3&%',&;(&0(&'-*+&;',*(3&0%"&#'1F'&"(!"#,(0(,%%&?,1;1-1%&!"&)*,+%"1-&).)%*8
2%&!"6(-(?(,(&'&5',%%&5')(&0(&.'5("%8 K+&,+54%&)*%"?$(,&!"#+&"1&(&;.)%@%-3&#+#%&#%"(&*(&/'&;,%5%&)+&*(&"'2*%&!"&?,1;1-&)+1D&>#.'-'&
G'&!"#(;1*1-&(/.-16%(%&)'-(3&.51-&()*(&7.',*(&,(01)&5("*'-3&7%%"0&1"&%"0%/%01'-%)*&7(,.#(8&H4"0& *,1;(')#+&*,(@1%(&)+&.&7'#%3&0',&#',(&01$1,%&!"*,1;'*(&/.,&/,('&)+&*(&;,%5(')#+3&)+&*(&"'2*%3&)+&7%%&#.;%-&
')(5("('&);%,%*(&/%"&!"&)*.-1,%&2%&)(&!"*,1;('F+&;(&;+54"*3&#,(('F+&1"&7.#',&0(&(?.%)58&C1;+&/('#1,%& !"&7'5%-%'&-.,D&I2'&#+3&/,4"0:"(/,4"03&*,(@1%(&)+&)*'%&-4"?+&?,1;1-&*+13&#'&;1%%&-4"?+&#-.2#'&-.,8
"("15+,'*(3&(-(&!"6(-(?&7.-.)1-&'=1*.,1-1%&,(#%;,.#&2%&!"#(;&)+&)(&?,1;(F(3&7.,54"0&5',%&#.-(#*%/%*+6%3& 9()*(&.&5%(&0(&'"%3&?,1;1-&".)*,1&/'&;+,+)%&;("*,1&*.*0('1"'&'#()*&?-.@8&I*1"#%&#+;(*("%%-(&".')*,(&/.,&
)("*%5("*1-&).-%0',%*+6%%&1"%"01:%&0%"&#(&!"&#(&5'%&;1*(,"%#8&G'&!"#(;1*&?,1;1-&(&5%#3&0',&#1&*%5;1-3& 0'&0,151-&#(-.,&"(51-615%6%&0(&)*',('&?,1;1-1%&".)*,18&I#(2*%&"(51-615%6%&)(&/.,&?,1;'&!"&=1,1-&1".,&
)(&5+,(2*(&;,%"&'7%-%(,%&".%8 #+;(*("%%&'-(&-.,&2%&)(&/.,&01#(&'#.-.&1"0(&-%&)(&/'&;+,('&5'%&@%"(8&I2'0',&*.'*(&)(-(#6%%-(&2%&
9+54"*1-&()*(&;-'"(*'&1"0(&%"0%/%01-&;.'*(&'/('&*.'*+&!"-()"%,('&0(&'&!"6(-(?(&'/'"*'=(-(&/%(6%%& .5.-.?+,%-(&)(&7'#&;(&G1"+8
).-%0',(3&0',&"1&()*(&;.*,%/%*+&;("*,1&#42*%?',('&0(&'0(;6%&".%&-'&?,1;1-&0(='&#.")*%*1%*8&I)(5("('& H4"0&/.5&0(/("%&1"&@-.#&@%"(&.,?'"%F'*&2%&.5.?("%F'*&/.5&;-(#'&;(&.&'-*+&;-'"(*+3&'-(')+&0(&
);.,%,%&)'1&'-%;%,%&-'&?,1;1-&(L%)*("*3&)(&7'#&;(&'-*(&?-.@1,%3&,%)%;%*(&;,%"&);'6%%-(&1"%/(,)1-1%&".)*,18 #.-(#*%/%*'*( & ;,%"& /.*3 & 01;+ & #( & /.5 & '10%' & ;( & #."01#+*.,%% & ".2*,% & 0();,( & #42*%?1,%-( & 2%& ?,(1*+6%-(&
9(&'#()*(&;-'"(*(&"1&)(&5'%&7'#&!"*,1;+,%3&"1&)(&7'#(&2#.'-'&5'*(,%%-.,&;-'"(*',(3&#%&0.',&2#.'-+& (/.-1*%/(&'-(&1".,&;-'"(*(&".%8
);%,%*1'-+3&'#.-.&"((L%)*4"0&*,1;1,%8&T"&')(5("('&#.,;&#(,()#&()*(&G1"'3&)'*(-%*1-&9+54"*1-1%3&1"0(& H4*&)*+5&!"&;,('=5'&;+54"*1-1%3&)1"*(5&#1&*.6%%&)1;12%&-(?%%&,(!"*,1;+,%%8&a&0'*+&#(&'5&;-(#'*&2%&
/%"&);%,%*(-(&)1;(,%.',(&'-(&9+54"*1-1%&;("*,1&.0%$"+8 '5&;.;.)%*&!"&G1"+3&.,%#(&,(!"*,1;',(&'&!"#(*'*8&I%#%&"(&;,(?+*%5&"15'%&0(&;-(#',(&'%1,('8
9(&G1"+&-%;)()#&!5@.-0%,%-(&).-',(&#',(&!5;%"?&01$1-&15'"&-'&-1#,18&I%#%&);%,%*1-&)(&.0%$"(2*(3& I5&);1)&#+&7%(#',(&?,1;&!2%&',(&!"*4,F%'6%%&)+%8&C(2%&5',(-(&?,1;&'&*,(#1*&;(&G1"+&0(&51-*(&
5(0%*4"0&-'&#(-(&!"/+6'*(&;(&9+54"*&0%"&5',('&2*%%"6+&'&H,('*.,1-1%3&2*%%"6'&#,('6%%-.,8 /('#1,%3&!"*4,F%'6%%&!2%&#."*%"1+&!"#+&,(!"*,1;+,%-(&"(#()',(&'/'")+,%%&-.,8&a&0'*+&#(&2%:'1&*(,5%"'*&2%&(%&
I)(5("('&;.;')1,%&0(&.0%$"+&'1&2%&'-*(&;-'"(*(&;(&)'*(-%6%%&-.,8&S-(&)1"*&#'&2%&)*'6%1"%-(&#-%5'*(,%#(& 2#.'-'&;-'"(*',+3&).)()#&,4"0&;(&,4"0&;(&G1"+8
0(&;(&;+54"*1-&/.)*,13&1"0(&)(&,(*,'?&/,(5(-"%#&#(*(&0(&.'5("%3&#'&)+&)(&5'%&)1)*,'?+&'#*%/%*+6%%&-.,& C1;+&.&2(0(,(&0(&/('#1,%&!"&'*5.)7(,'&(*(,%#+&'&G1"%%3&;.,"%5&';.%&#1&*.6%%&!"&#+-+*.,%%&0(&)*10%%3&
).#%'-(8&H+*,(&'#()*(&?-.@1,%3&-%;)%*(&0(&.'5("%&*,1;(2*%3&;.,"()#&0(&;(&;-'"(*(-(&0(&#',(&';',6%"& ;,%"&0%7(,%6%&)'*(-%6%&'%&;-'"(*(-.,&'#()*1%&)%)*(58&J1&"(&()*(&!"?+01%*&)+&"(&';,.;%(5&;,('&51-*&0(&
)*.-1,%&%5(")(&0(&01$1,%3&;("*,1&'&)(&.0%$"%8 )1;,'7'6'&1"(%&;-'"(*(&.',(#',(3&#+#%&'"15%*(&7.,6(&#.)5%#(&2%&).-',(&"(&!5;%"?&-'&!"*,1;',(3&71,4"01:"(&
S/.-16%'&)(&7'#(&*,(;*'*3&!"#(*&2%&7+,+&)'-*1,%Q&0',&?,'0(-(&(/.-1*%/(&0%"*,(&;-'"(*(-(&)%)*(51-1%& !"&$.,'&(/.-16%(%&'#(-(%&;-'"(*(3&#$%',&0'#+&"1&'/(5&#$(5',('&,();(#*%/+8
".)*,1&7%%"0&;,('&0%)*'"6'*(3&;("*,1&'"15%*(&01$1,%&()*(&0(&;,(7(,'*&)+&)(&01#+&;,%"&'-*(&)%)*(5(3&1"0(& 9("*,1&'&;1*('&;-(#'&0(&;(&G1"+3&*,(@1%(&)+&"(&0(F@,+#+5&$'%"'&;-'"(*',+3&!5@,+#'*+&*.*&;(&
(L%)*+&.&;-'"(*+&%5(0%'*&/(#%"+&2%&1,5+*.',(3&#'&(/.-16%(3&9+54"*1-1%8&!"&/(0(,('&'#()*1%&(L.03 G1"+3&#4"0&'5&/("%*&;(&9+54"*8&I#153&-%@(,%3&;.,"%5&-'&0,15&;,%"&);'6%1-&)%)*(51-1%&).-',3&/%F%*4"0&
)'*(-%6%%&;-'"(*(-.,&;(&#',(&/,(5&)+&-(&)*10%(58
VXX >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"&?(, VXY

G'&).)%,('&!"*,:1"&".1&)'*(-%*3&)1"*(5&.@-%?'6%&)+&!5@,+#+5&$'%"'&7-1%0%#+&'&;-'"(*(%&0(&#',(& !"6(-(?4"0&2%&(%&7.-.)1-&)17(,%"6(%&;("*,1&!"*+,%,('&-.,&);%,%*1'-+8&H4*&/.,&)*'&'#.-.&".%&!%&'2*(;*+5&;(&
';',6%"(&'#(-&)'*(-%*8&C1;+&1"&)*10%1&)15',&7+#1*&0(&!"?(,%%&;-'"(*(%&,();(#*%/(3&#.@.,45&!"&'*5.)7(,'& G1"+8&G'&!"*.',#(,(&/.%"6'&-.,&/'&7%&*."%7%#'*+&2%&!"6(-(?(,('&5'%&#-',+8
(%&7-1%0%#+3&7+#4"0&)*10%%-(&"(#()',(&')1;,'&"'*1,%%3&/(?(*'6%(%3&7'1"(%&2%&'&.51-1%&#(&!2%&7'#(&2#.'-'&;(& C%"&#(-(&(L;1)(3&,(%()(&#+&);%,%*1-&!")12%3&,(#1".)#4"01:2%&)-+@%#%1"('3&5'%&'-()&'&/.%"6(%3&)(&
'#()*&#.,;&#(,()#8&C1;+&#(&'5&-1'*&#1".2*%"6+&0(&*.*&#(&;,%/(2*(&'#(')*+&2#.'-+&'&P'*+-1%3&;.,"%5&;(& )1;1"(&,(!"*,1;+,%-.,&;-%"(&0(&01,(,%3&!"&)#.;1-&#.,(#*+,%%8
'-*+&;-'"(*+3&;("*,1&)*10%%&".%8&C%"&;-'"(*+&!"&;-'"(*+3&/.5&/%F%*'&*.'*(&;-'"(*(-(&)%)*(51-1%&".)*,18& G'&7(-&)(&!"*45;-+&2%&!"&-15('&/.')*,+8&T"&.5&#1&1"&.,?'"&'7(#*'*&0(&.&*15.',(3&2*%%"0&#+&"15'%
p%"(!"6(-()3&-'&).)%,('&;(&7%(#',(&)'*(-%*&/.5&!5@,+#'&$'%"'&7-1%0%#+&'&;-'"(*(%&,();(#*%/(3&2%&.&/.5& )1;1"4"01:)(&1"(%&.;(,'6%%&#$%,1,?%#'-(&)(&/'&7'#(&@%"(3&;.,"(2*(&#1&*.'*+&/.%"6'&-'&5(0%#1-&#$%,1,?8
0(F@,+#'&*.*&!"&)'*(-%*1-&)+13&#4"0&.&/.5&;+,+)%8 R"&-15('&#(,(')#+&*.*1-&(&',5."%(8&P.*1-&)(&7'#(&;,%"&#."/%"?(,(&2%&'=1*.,&,(#%;,.#8&J%#+%(,%&"1
R"&7%"(3&/('#1,%-(&/.,&*,(#(3&/.5&#1-(?(&"("15+,'*(&#1".2*%"6(&,(-'*%/&-'&*.*&#(&#1;,%"0(&)%)*(51-& 2(&!"*,(@1%"6('F+&7.,6'&.',@+3&;("*,1&#+&!"*,(@1%"6',('&)%-(%&!"&-.#1-&,'6%1"%%&2%&#."/%"?(,%%&;,.01#(
'#()*'3&2%&!"*,:.&@1"+&F%3&;,%5%"0&@%"(#1/4"*',('&N1/(,"'*.,1-1%&".)*,1 &).-',3&/.5&;+,+)%&;("*,1& ,(/.-*+3&%',&)1;(,%.,1-&#',(&',&!"*,(@1%"6':.&',&!"#+-#'&G(?('&71"0'5("*'-+&'&#,('6%(%A&=1A%,('9
*.*0('1"'&'#()*&)%)*(53&!"0,(;*4"01:"(&#+*,(&'-*(&;1"#*(&'-(&1"%/(,)1-1%3&);,(&1"&'-*&)%)*(5&).-',3& I/4"0&0,(;*&5.0(-&G(?('&%1@%,%%3&"1&;1*(5&!"*,(@1%"6'&0(#4*&',?15("*1-3&%0(('8&J.%&;,.;'?+5&
1"0(&/.5&;.;.)%&;(&1"'&0%"&;-'"(*(-(&)'-(&#.,();1"F+*.',(&"(#()%*+6%-.,&".')*,(&(/.-1*%/(8 5(,(1 & ;,%" & %0(%3 & ;,%" & ',?15("*(3 & ')(,6%1"(' & #+ & ;,.?,()1- & "1 & ()*( & ;.)%@%- & 7+,+ & 01,(,(8 & C', & #15&
9,%"&#+-+*.,%%-(&7+#1*(&0%"&;-'"(*+&!"&;-'"(*+3&')(5("('&;+)+,%-.,&#+-+*.',(&'-(&;+54"*1-1%3&'5& ',?15("*1-3&7+,+&0./(F%3&',(&.&/'-.',(&,(-'*%/+3&".%3&#(%&5'%&,%0%#'6%&'%&?,1;1-1%&".)*,13&#.@.,45&
#1-()&%"7.,5'6%%&0(&-'&#."01#+*.,%%&!"?(,%&'%&;-'"(*(-.,3&0();,(&-.#1-&1"0(&/.5&?+)%&#1%@1-&(/.-16%(%& !5;,(1"+&#1&!"?(,%%&".2*,%&).-',%&!"&!"*1"(,%#1-&*,1;1-1%3&;("*,1&'&0'&;%-0+&#(-.,&5'%&5%#%3&#+&*,(@1%(&
".')*,(&/%%*.',(8 )+&)17(,(3&#+&)17(,%"6'&()*(&.&"(#()%*'*(&'@).-1*+8&!"&7'6'&'#()*.,&(L(5;-(3&(%&!"6(-(?&,.)*1-&!"*,1;+,%%A&
C1;+&F(#%&0(&5%%&0(&'"%&0(&51"#+3&01;+&5%%&0(&,(!"*,1;+,%&*(,()*,(3&/.5&,+)17-'3&1,#4"01:"(&!"& !"0+.',('&4,%"&%"*(,7(5%18&51,(,%%&4,%#%"1%*+&5(&*,149
;1,?'*.,%1-&)(-("',&2%&';.%&*,(#4"0&!"&,'%1-&0(;-%"(%&-%@(,*+6%&0(&'&#+-+*.,%3&"(&/.5&#.@.,!&%',&-'&51"#'& o+,+&'#()*(&)1@-%5(&(L(5;-(3&01$1,%-(&',&'##(;*'&?,(1&#$%"1,%-(&/%(6%%&*,1;(2*%8&C(&51-*(&.,%&):'&
%'01-1%3&'&".%-.,&7.,5(&*,1;(2*%3&;.*,%/%*(&#1&".1-&#.,;&#(,()#&1"0(&"(:'5&#1%@+,%*&;("*,1&#%"(&2*%(& !"*45;-'*&#'&1"&01$&5'%&*4"+,&'-&?,1;1-1%&".)*,1&)+&"(&!"*,(@(A&BG15%"+3&(1&/+0&#+&01$&7%%"03&'5&
#4*(&F(#%&0(&5%%&0(&'"%8&[.5&*(,5%"'&1"&#%#-1&2%&/.5&!"#(;(&1"&".1&#%#-1&;(&.&)#',+&)1;(,%.',+3&0',& 0()*1-(&)17(,%"6(&)17-(*(2*%&0(&!"01,'*Q&.',(&'#()*('&"1&)1"*&)17%#%("*(&#'&)+&;,.?,()(FD&J(&/.,@%6%&#+&
-1"?+&2%&;-%"+&0(&5',%&;(,%#.-(&2%&)17(,%"6(8&@1;(,%".'&(&17A,'&(L%)*(".(%&)4%,%*181%9&S'&"(&/'&1,5+,%&!"& G(?('&P'*+-1%&#(,(&#'&;,%"&)17(,%"6+&)+&"(&,%0%#+5&!"&;1*(,(&2%&)*,+-1#%,(8&C',&0(&1"0(&2*%6%&
/(#%%&/(#%-.,&2%&/'&7%&#1&'*4*&5'%&'*,.#(&:&#4"0&?,(2%5&:&#1&#4*&"(&'7-+5&;(&.&*,(';*+&5'%&!"'-*+&'&)#+,%%& 015"('/.')*,+&0(&'#(')*+&-(?(3&0(&'#()*&.,0%"D&H%"(&/%&<:'&);1)DE
(/.-1*%/(8 K1"*(5&"(/.%6%&#'&;(&5%#1-&2%&"(2*%1*.,1-&".)*,1&01$&)+:<&7'#(5&)+&!"6(-('?+&#+&*.*1-&;-('#+&0(&-'&
C.'5"(3&)1@-%5&o%1&0(&C15"(F(13&'=1*+:"(&)+&"(&,('-%F+5&/%)1-&2%&)+&*,(#(5&-'&'-*(&2#.-%&5'%& P'*+-3&#+&'#(')*+&G(?(& "(:'1&;,(F("*'*:.&!"?(,%%&".2*,%3& #."01#+*.,%%&(L%)*("6(%&;(&'#()*&?-.@3&#+&
!"'-*(&'-(&P'*+-1%&".)*,1&#(,()#M&I5%"8 !")12%&K*+;4"1-&'#()*(%&/')*(&!5;+,+6%%&#.@.',+&0%"&P,."1-&K+1&).-',e;(&9+54"*&2%&"(&/.,@(2*(&#'&
01$&2%&"(&0(5.")*,('F+&#'&.5&*,1;()#3&'#(')*+&G(?(&'&P'*+-1%&#,('*.,8&!%&);1"(5&5%#1-1%&01$&#+&o%1-&
%1@%*&'-&P'*+-1%&#("*,'-3&#(&)'0(&;(&P,."1-&);%,%*1'-&0%"&#("*,1-&)7(,(%&.;(,(%&K'-(3&)(&7'#(&.5&*,1;()#&
0%"&#4"0&!"&#4"03&#.@.',+&;(&'#(')*+&;-'"(*+&2%&"(&);1"(A&iF3'&#17&'7&0+M1*&R1&4(&d'*+8&#+&;'#(/ &
K17(,%"6'&()*(&;4,?$%'&(/.-16%(% '3'&;'#&3%&R19&?(('&#(&d'*+8&J(1&J6'&!"0+.'*/&'#(('&0+&!"0+.&3%&R1&4(&02%k9 &H4*&*%5;&'&)*'*&!"&
'*5.)7(,'&7-1%0%#+&'&?-.@1-1%&".)*,13&51-*(&*'%"(&2%&51-*(&!"/+6+5%"*(&"(:'1&,+5')&0(&-'&S-8
C',&01$1-&!"#(;+*.,&'-&2#.-%%&9+54"*&"(&!"*,('@+&0%"&".1A&BH4"0&".%3&)17(,%5&!"&H(,&2%&#'&.5&
K(&';,.;%(&#.5(5.,',('&;'*%5%-.,3&5.,6%%&2%&(-%@(,+,%%&C1$1-1%&0%"&*,1;1-&o%%"6(%&0%/%"(3&#',(&!"& *,1;()#&;(&;+54"*3&;(&!"?(,%&"1:%&0.',(3&"1:%&#1;,%"0(&5%-'&0(&".%DE
1-*%5'&K'&#.@.,4,(&;(&9+54"*&'&;1,*'*&"15(-(&0(&R)1)8&I"%/(,)',('&!"/%(,%%&C.5"1-1%&).-',&()*(& 9("*,1&'&"1&,+54"(&)+,5'"1-&".)*,1&7,'*(&7+,+&,+);1")3&!%&);1"(5A&BC'3&(%&2*%1&*.*3&)17(,+&"();1)&
/(#$(&0(&#4"0&-15('3&;("*,1&#+&('&;(#(*-1%(2*(&.&".1+&(*';+&!"&5(,)1-&;,(7'#(,%-.,&#."*%"1(&'-(& ;("*,1&)17(,%"6'&.5("%,%%3&0',&"1&;.*&)+&.&!"-+*1,(3&'#(')*'&7%%"0&G(?('&P'*+-1%8&H(-&51-*3&0%"&#4"0&!"&
;-'"(*(%&9+54"*8&S'&5',#$('F+&1"&;')&5'%&0(;',*(&!"&5(,)1-&(/.-16%(%&'#()*1%&?-.@8 #4"03&.&5'%&121,('F+3&.,%&5'%&'54"+&.&;',*(&0%"&('3&;("*,1&.&".1+&!"*,1;',(E8
?2A2,E,('&`%181%&5%0%"&!"&*,14/&4+*%7%,('&3%&72',*('&@'&)1A8%7+&)+&;%(&%#2'"+&*1*1,2,&2'7("%82,/ & !"?(,%%&"(&);1"&2%&".1+3&#4"0&'/(5&.#'F%'&)+&')%)*+5&-'&#."7(,%"6(-(&-.,A&BC(&#4*(&.,%&":'5&
#+&0%'.'&*,14(')#+&()*(&!"#$%"'*+&)1;(,%".(%9 )#$%5@'*&;-'"1,%-(&".')*,(3&/+F4"0&;1*(,%-(&/.')*,(&0(&,+@0',(&-'&#';+*1-&-.,M&P.*&;,.?,()1-&)+/4,2%*&
K17(,%"6'&"1&()*(&*.*0('1"'&.&;(0(';)+3&01;+&#15&'7%,5+&1"%%&.'5("%3&#%&()*(&.&;4,?$%(&;,%"& ;(&9+54"*&)(&0'*.,(2*(&)7.,6+,%-.,&".')*,(8&J.%&/+&0+5&".,5(&".%3&#(,1*(&0(&(/.-16%'&/.')*,+&).#%'-+3&
%"*(,5(0%1-&#+,(%'&);%,%*1-&!"#$%)&!"&'#(')*+&7.,5+&()*(&7+#1*&5'%&'*("*3&()*(&)%-%*&)+&!"/(6(8&9+54"*1-&(& ,(-%?%.')+&2%&2*%%"6%7%#+8&J.%&'5&/("%*&0%"&K.',(&;(&'#()*&?-.@3&#$%',&0%"&5.5("*1-&0(F-%;%,%%&"(@1-.')(%&
.&2#.'-+&1"0(&01$1-&)(&%-15%"('F+&-'&7.#1-&01,(,%-.,&,(;(*'*(3&1,5'*(&0(&,',(&@1#1,%%&2%&54"?4%(,%3& ;-'"(*(%&/.')*,(&0%"&5',('&"(@1-.')+&).-',+8&J.%&)1"*(5&'&`'-7'b&01$1,%-.,3&;("*,1&#+&'5&/("%*&#(%&
(*';(&)#1,*(&0(&.0%$"+3&(-%L%,&0(&7.,6(&".%3&;("*,1&F%-(-(&!"*1"(#'*(3&;-%"(&0(&-'#,%5%3&#(&/.,&1,5'8 0%"*4%&;(&9+54"*3&2%&)1"*(5&#.&`.5(?'b3&#+#%&/.5&;+,+)%&1-*%5%%&'#()*&?-.@3&01;+&#(&*.'*+&/%'6'&/'&
H(%&#(&"1&#1".)#&.,?'"%F',('&-15%-.,&2%&'&,(?1-%-.,&#(&0+%"1%(&!"&(-(3&0%"&/(2"%#%(3&!2%&F%#A&B9("*,1& ;%(,%&0(&;(&)1;,'7'6'&)'&2%&0%"&H(,1-&)+18E
#(&"(:'&0'*&P'*+-&#,('*.,&1"&*,1;&!"&#',(&*,(@1%(&)+&)17(,%5D&9("*,1&#(&"(:'&$+,+F%*&)17(,%"6'&#'& !"&-15('&".')*,+&'/(5&)%*1'6%%&')(5+"+*.',(&#1&#(-(&0%"&-15('&/.')*,+8&H4*(&1"1-&0%"&?,1;1-&
%")*,15("*&0(&,%0%#',(&'&);%,%*1-1%D&H15&0(&"1&',(&S-&5%-+&0(&#.;%%%&K+%DE&!"*,(@+,%&0(&7(-1-&'#()*'&-(& ".)*,1&!2%&;(,5%*(&!"*,(@',('A&BU+,%5(3&7,'*(:-15%"+3&"1&/%&):'&1,4*&0(&'*4*'&2(0(,(&-1"?+&0(&5%-%',0(&
;1"&2%&01$1,%-(&0%"&-15('&".')*,+&);'6%'-+8 0(&'"%&;(&9+54"*DE&R"*(,;(-'*1-&".)*,1&!"?(,&!%&,+);1"0(&#1&@1"+*'*(A&BJ13&"1&"%&):'&1,4*3&;("*,1&#+&
H4"0&?,1;1-&".)*,1&'&).)%*&;(&)'*(-%*1-&9+54"*1-1%3&;,%"*,(&;,%5(-(&%"7.,5'6%%&#(,1*(&!"?(,%-.,& )1"*(5&5(,(1&!"&-1#,13&!"&7.,5(&".%&0(&'#*%/%*'*(8&U(,(1&)(&)#$%5@+&7(-1-&'#*%/%*+6%%&".')*,(&2%3&!"&
'#()*1%&?-.@&'1&7.)*A&BH1&#(&7(-&0(&%")*,15("*(&/.5&!"/+6'&'%#%D&H15&"(&/'&7%&*,1;1-3&*(5"%6'&01$1-1%& ;-1)3&;,.71"F%5('&#1&#',(&"(&#."#("*,+5&2%&0+,1%5&!"&'#6%1"%-(&".')*,(&"(&'@).',@(&'*4*&0(&51-*3&
)1;1)&-'&*.,*1,%D&[%"(&/,(.0'*+&;(&'#()*&#.,;&#(,()#&K*+;4"1-&'#()*(%&!5;+,+6%%&#(,(2*%3&'-&'#()*1%& !"#4*&"%#%&"1&"(&0+5&)('5'&#4"0&'1&*,(#1*&.&5%(&0(&'"%8E
)%)*(5&).-',D&H4*&/'&01,'&'%#%&2#.'-'&".')*,+DE&>%&51-*(&'-*(&!"*,(@+,%&%)#.0%*.',(8 9("*,1&'&"(&0'&.&;,.@+&0(&'04"#%5('&#1".2*%"6(-.,&-.,3&!"?(,%%&"(&7'#&1,5+*.',('&(L;1"(,(A&BR'*+&
!"*,:.&'-*+&;,(-(?(,(&'5&);1)&#+&01;+&.&2(0(,(&0(&V^8qqq80(&'"%&;(&9+54"*3&?,1;1-&".)*,1&)(&/'& 1"&"15+,&#.5;1)&0%"*,:1"&2%,&]%-.5(*,%#&0(&5%%&0(&5%-%',0(&0(&1"%*+6%8&I#()*&"15+,3&!"51-6%*&;,%"&(-&
,(*,'?(&;(&G1"+3&1"0(&"(&/.5&;(*,(#(&/'#'"6'&;-'"(*',+8&H4"0&*.*1-&/'&7%&;,(?+*%*3&?,1;1-&".)*,1&!2%& !")12%3&"(&0+&"15+,1-&#1*',(Q&0'#+&-'&'#()*&;,.01)&'0+1?+5&0(&2';*(&.,%&'*4*'3&.@6%"(5&"15+,1-&
/'&-1'&F@.,1-&);,(&.&'-*+&;-'"(*+3&;.;.)%"0&!"&;,('-'@%-&;(&)'*(-%*1-&(%8&C',&0'#+&'#('&;-'"(*+&"1&',(& #1*',(3&#',(&!5;+,6%*&-'&s/&0+&#'*1-&"15+,1-1%&t9&I#15&#."*,.-'6%&2%&/.%&(L'#*%*'*('&#'-#1-1-1%&5(13&%4,&
)'*(-%*D&9(&')(5("('&#.,;1,%&#(,(2*%&"1&"(&.;,%53&;("*,1&#+&/%'6'&;(&;-'"(*(-(&-%;)%*(&0(&)'*(-%6%&()*(& 0'#+&/(6%&?+)%&.&?,(2('-+3&5+&'"?'=(F&)+&/+&#."01#&!"*,:.&#+-+*.,%(&;,%"&#4*(/'&;-'"(*(3&#+#%&/.%&
%"7(,%.',+&/%(6%%&'#*1'-(8&C1$1,%-(&"1&5'%&;.*&#.@.,!&;'"*'&(/.-16%(%8&S-(&)(&)*,+01%()#&)+&1,#(&5(,(13& .@6%"(&'1*.,%F'6%'&0(&-'&K*+;4"1-&)1;,(58E&I*1"#%&*+@+,45&#1&*.6%%3&#'-#1-+5&2%&%',&#'-#1-+53&2%&01;+&
%',&"1&)+&#.@.',(8&9(&.&')(5("('&;-'"(*+&%"7(,%.',+&*,%5%*(5&0%"&"(/.%'2%%&?,1;1-1%&".)*,13&#4*&*%5;& 1"&*%5;&0()*1-&0(&-1"?&#.")*'*+5&#+&!"?(,1-&"1&'&?,(2%*&0(-.#8&H'-#1-1-&)+1&0(&#4*(/'&)(#1"0(3&".1+&
/.5&)*'& ".%& ;(&G1"+3& #'& )+:2%&7'#+&2%&(%3&,(;(0(3&0.1+:*,(%&!"*,1;+,%&;("%@%-(3&;("*,1& 7.,*%7%#',('& "(:'&).-%#%*'*&F(#%&0(&5%"1*(8&I#()*'&(&1"&5%#&(L(5;-1&0%"&#',(&0(01#(5&;,.71"F%5('&#1".2*%"6(-.,&
/.%"6(%&-.,&!"#+&)-'@+8 #(*(-.,&!"?(,(2*%8&H'-#1-1-&)+1&7%%"0&;(,7(#*3&#+-+*.,%'&".')*,+&":'&'/1*&-.#3&%',&!"0,+F"(61-&#',(&!-&
[.%"6'&()*(&,().,*1-&#',(&!5;%"?(&);%,%*1-&)+&/'0+3&)+&'"'-%F(F(3&)+&=10(#(3&)+&!"/(6(&0%"&#(&!"&#(& !"*,(@')(& )(&;,.)*(,"+&!"&7'6'&/')*(%& 2*%%"6(&'&!"?(,1-1%A&BH1&'0(/+,'*& 5',(&(2*%&!"&#(*(-(&P'*+-1%&
5'%&51-*8&J%#+%(,%&2%&"%5("%&"1&()*(&)1;1)3&#."*,'&/.%"6(%&)'-(&-'&".%&!"*,1;+,%3&-'&?,(-(&/%(6%&*,1;(2*%3& #(,()#M&C',&#15&'%&'=1")&)+&2*%%&'*4*&0(&51-*DE
;-%"(&0(&*("*'6%%&2%&;,%5(=0%%8&I2'0',&"1&/.5&*,%5%*(&#1&)%-'&;(&'"15%6%&7,'6%&0(:'%&".2*,%&!"&'#()*(& B9,%"&(/.-16%(3&7%1-(&:&F%)(&!"?(,1-&h&0%"&*,(';*+&!"&*,(';*+&2%&;,%"&"(#1,5'*(&)17(,%"6(8&C%"&.5&
;-'"(*(&7+,+&)'*(-%6%3&1"0(&/%'6'&()*(&5'%&?,('&0(#4*&;(&9+54"*3&#%&"15'%&01;+&/.%"6'&-.,3 "(2*%1*.,&#'&*%"(3&01;+&5%-%.'"(&0(&/('#1,%&'5&'=1")&1"0(&)1"*8&J.%&)1"*(5&)(,/%*.,%%&15%-%&'%
VXZ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"&?(,

P'*+-1%&#(,()#3&2%&!5;-%"%5&.,0%"(-(&K'-(3&*,'")5%)(&,4"0&;(&,4"08&a,0%"(-(&;-1*()#&;,%"&);'6%13&'01)(& @+*,4"(8&J1&*.'*(&#.-(#*%/%*+6%-(&'1&/("%*&.0'*+&;(&'#()*&?-.@3&2%&"%#%&0(&;(&'#(('2%&;-'"(*+8&T"(-(&'1&
0(&#1,("*1-&#.)5%#Q&".%&-(&#';*+53&-(&#%*%5&2%&';.%&#+1*+5&)+&-(&';-%#+5&;-'"(*(%&9+54"*3&);,(& ).)%*&5'%&,(#("*3&'-*(-(&5'%&0(51-*&0%"&'-*(&)%)*(5(3&!"#4*&)1;,'7'6'&;+54"*1-1%&()*(&;.;1-'*+&0(&
(/.-16%'&(%8&I#()*(&.,0%"(&"1&-(&;1*(6%&;(,#(;(&0(-.#&2%&#$%',&0'#+&-(:'6%&'1F%3&"1&-(:'6%&!"6(-(?(& .'5("%&';',6%"4"0&1".,&?,1;1,%&)'1&#.-(#*%/%*+6%&0%7(,%*(3&).)%*(&!"&*%5;1,%&0%7(,%*(&2%&0(&;(&;-'"(*(&2%&
7."01-8&H$%',&'#15&(-(&*,(#&;(&-4"?+&*%"(3&7+,+&)+&-(&/(F%8&T"%/(,)1-&()*(&)*,+@+*1*&5(,(1&0(&%0(%-(& )%)*(5( & ;-'"(*',( & 0%7(,%*(8 & N,1;1- & ".)*,1 & ()*( & 0()*%"'* & )+ & ;-(#( & 0%" & '#()* & )%)*(5 & ;( & 1" & '-*1-3&
H("*,1-1%3&0',&(-(&"1&;.*&7%&,(#(;6%."'*(&0(&.,%#(&);%,%*8&C%"&.&5%(&0(&%0(%&/("%*(&0(&-'&P'*+-&#(,()#3& ';',6%"4"0&'-*1%&o%1&0%/%"3&#',(&"(&/'&'0.;*'&2%&#."01#(&5'%&0(;',*(3&;(&#+,',('&"(/+F1*+&#+*,(&
0()*%"'*(&'#()*(%&;-'"(*(&2%&'-&#+,.,&#."6%"1*&!-&#1".'2*(53&/.%&);%,%*(&15'"(&!"6(-(?(6%&0.',&1"'8 RF/.,1-&0%"&#',(&!"&".';*('&5%-%',0(-.,&0(&'"%&'5&;1,#()8
C1;+&#15&"1&2*%6%&0(&'#()*(&%0(%&/("%*(&0(&-'&H("*,13&"1&2*%6%&"%#%&#(&',(&P'*+-&!"&#.)5.)1-&#,('*& T"(-(&01$1,%&;./()*()#&0(&5(-('?1,%-(&0(&1"0(&'1&/("%*3&0(&7-.,'3&7'1"'&2%&7.,5'&.'5("%-.,&0(&
2%&!"&K7(,'&0%/%"+8&I#()*('&"(&;,(.#1;+&;(&".%3&!"?(,%%3&2%&"1&"(&-')+&)+&"(&;-%#*%)%58&U%)%1"%-(&0(&1"'& '#.-.8&G'&,4"01-&".)*,13&-(&;./()*%5&(/("%5("*(-(&;(*,(#1*(&;(&9+54"*&!"&#(%&V^8qqq&0(&'"%&#4*&'5&
)'1&0.1+&5%%&0(&'"%3&7+#1*(&0(&1"%%&0%"*,(&".%3&'#.-.&1"0(&"(#()%*+6%-(&(/.-16%(%&".')*,(&.&#(,3&"1& )*'*&;4"+&'#158&C%"&;./()*%,%-(&01$1,%-.,&/("%*(&0%"&0%7(,%*(-(&;-'"(*(&'-(&1"%/(,)1-1%3&'7-+5&0();,(&
#."*('F+&7'6+&0(&5%-%',0(-(&0(&'"%&#4*&)*+5&!"&=1,1-&'#()*(%&;-'"(*(8 /%'6'&.51-1%&0(&'#.-.3&0(&)*',('&)'&).#%'-+3&#1-*1,'-+&2%&5.,'-+8&C%"&'#()*(&0()#,%(,%&#.")*'*+5&#+&
z%(3&#',(&5%:'%&;1)&!"*,(@',('3&!6%&;.*&);1"(&/4,)*'3&#+#%&"1&(2*%&);%,%*&*4"+,3&#%&'%&.&5',(&/(#$%5(8& 51-*(&0%"*,(&'#()*(&;-'"(*(&)1"*&')(5+"+*.',(&9+54"*1-1%8&C%"&;./()*%,%-(&-.,&;,%5%5&".6%1"%&0();,(&
P.*& '2'& #15& .'5("%%& *,1;(2*%&;.*&'7-'&/4,)*'&1"1%&#.;'#&)(#1-',&01;+&#(,#1,%-(& *,1"#$%1-1%& )+13& 51-*(&;-'"(*(&,%)%;%*(&;,%"&);'6%%-(&1"%/(,)1-1%8&I2'0',&!"&'7',+&0(&'7%,5'6%%-(&,(;(*'*(&'-(&!"?(,%-.,&
;,%/%"01:*(3&;.*&0(01#(&:&01;+&7(-1-&#1-.,%-.,&2%&"15+,1-&/%@,'6%%-.,&;(,%);%,%*1-1%&*+1&:&/4,)*'&*'3&0(& ".2*,%3&'7-+5&2%&0(&-'&01$1,%-(&,(#("*&).)%*(&;(&?-.@1-&".)*,13&#+&!"&1"%/(,)&(L%)*+&51-*(&)%)*(5(&
#4"0&P'*+-&".)*,1&*(:'&#,('*8&J1&*(&5%,'&0(&#';'#%*+6%-(&".')*,(3&#+#%3&)%-%"01:*(&-(&/(%&;.)(0'&2%&*18E ;-'"(*',(&1"0(&*,+%()#&.'5("%&')(5+"+*.,%&#1&#(%&0(&'%#%8&C(&')(5("('3&'7-+5&#+&1"%%&.'5("%&)1"*&
-%;)%6%&0(&.')(&2%&*,1;1-&-.,&()*(&?(-'*%".)&#'&'-&5(01F(%8&!"&7%"(3&"1&*.6%&.'5("%%&'1&'#(('2%&!"7+6%2',(&
2%&;,.;.,6%%&#'&2%&/.%8
R"&!"#$(%(,(3&,(6%"(6%&@%"(&#+&(/.-16%'&.51-1%&)(&7'#(&!"&?,1;1,%3&2%&"1&%"0%/%01'-8
S/.-16%'&)(&7'#(&!"&?,1;1,%

K;1"('5&!"*,:.&F%&#+&?,1;1-&0%"&#',(&7'#(5&;',*(3&7%%"0&-'&)74,2%*1-&2(0(,%%&)'-(&;(&'#()*&?-.@3&)(& H.)5.)1-&:&#,('6%'
)*,+01%(2*( & #1 & *.* & #(:% & )*+ & !" & ;1*%"6+3 & )+:2% & '=1*( & !"*4,F%'6%%3 & #' & )+:2% & *(,5%"( & (/.-16%' & );%,%*1'-+&
#.,();1"F+*.',(&'#()*1%&?-.@8
C(&#4"0&(L%)*+&9+54"*1-3&#(%&0(&)1)&'1&-15%"'*&;(&#(%&0(&=.)3&#(%&0(&)1)&'1&7.,5'*&%")*,15("*(-(& H4"0&.&"(@1-.')+&;.,"(2*(&0%"&H("*,1-&#,('*.,&#'&)+&0('&"'2*(,(&1"1%&')*,1&2%&1"1%&)%)*(5&).-',3&
0( & -(?+*1,+& : & 5(0%15% & : & 0%"*,(&H(, &2%&;+54"*8 &J1 & #';,%#%1-&!"0('5"+ &;(&#%"(/'&)+ &7'#+ & )*10%%& ('&#1;,%"0(&!"&)%"(&*.*1-A&5'*(,%%&2%&);%,%*(3&0(&-'&'&`'-7'b&-'&..&`.5(?'b8
';,.71"0'*(&'"%&2%&'"%&0();,(&);%,%*&2%&1"%/(,)3&#%&?,'01-&)+1&(/.-1*%/&!-&!5;%"?(&)+&)*10%(F(&*'%"(-(& a&0'*+&;-(#'*+3&"(@1-.')'&1,5('F+&.&*,'%(#*.,%(&!"&);%,'-+&#+*,(&1"'&0%"&#(-(&;'*,1&1"%/(,)1,%&'-(&
'7-'*(&0%"#.-.&0(&/%'6'&*,+%*+&0(&(-&2%&)(5("%%&)+%8 )7(,(%&#,('*(D&I5&5'%&;.5("%*&.0'*+&#+&P'*+-&#,('*.,&'&7+#1*&;4"+&'#15&;'*,1&1"%/(,)1,%3&#',(&)(&
C.,%"6' & 1"1% &?,1; &()*( & #' & 5(5@,%% & )+% &)+ & "1 & 5'% & !"*4,F%( & !"& 0.@4"0%,(' &7.,6(-., & );%,%*1'-(3& ,.*()#&!"&=1,1-&K7(,(%&0%/%"(&#("*,'-(&)'1&'&5',(-1%&G'@.,'*.,3&0(&1"0(&%()&*.'*(A&5'*(,%%&2%&);%,%*(8
0(.',(#(&)*'?"('F+&!"*,('?'&#.-(#*%/%*'*(3&"(;1*4"0&;+,+)%&'#(')*+&;-'"(*+8&9-(#',('&0(&;(&9+54"*&"1& H(-(&;'*,1&1"%/(,)1,%&)(&0%-'*+&2%&#."*,'#*+&5(,(13&2%&!"&'#(-'2%&*%5;&'1&*("0%"6'&0(&'&)(&5+,%&2%&
)(&7'#(&%"0%/%01'-3&#+#%&%"0%/%01-&"1&',&;1*('&*,+%&2%&-1;*'&)%"?1,&!"&5%=-.#1-&#."0%6%%-.,&5(0%1-1%&".%%& !"0(;+,*'&0(&K7(,'&#("*,'-+3&0(&#',(&';',6%"&2%&0%"&#',(&'1&7.)*&,4"0&;(&,4"0&#,('*(8&o%(#',(&0%"&(-(&
;-'"(*(8 & a & )%"?1,+ & 7.,6+ & );%,%*1'-+ & "1 & !")('5"+ & "%5%# & !" & 1"%/(,)8 & J15'% & #.-(#*%/%*+6%-(3 & ;,%"& #1;,%"0&!"&%"*(,%.,1-&-.,&F(#%&0(&5%-%',0(&0(&')*,(3&!"#."=1,'*(&0(&1"'3&0.1+3&*,(%3&2';*(3&".1+&)'1&
5+"1"#$%1-&-.,3&;.*&-1;*'&#."*,'&0%7(,%*(-.,&%"7-1("6(8&I#()*&'0(/+,&()*(&(/%0("*&#$%',&2%&!"&-15('& 0.1+);,(F(#(&#.,;1,%&#(,(2*%3&"15%*(&;-'"(*(8
/.')*,+8&J15'%&1"%6%&;1*(6%&6%"(&;%(;*&'-*.,&?,1;+,%&.5("(2*%8 K7(,'&#("*,'-+&()*(&7-1%0%#+3&0(#%&%"/%F%@%-+&.#$%-.,&2%&%")*,15("*(-.,&.5("(2*%8&S'&()*(&'2(F'*+&!"&
H' & 1"%*'*(3 & %"0%/%01- & ()*( & . & #'"*%*'*( & "(?-%='@%-+8 & S- & "1 & ',( & !")(5"+*'*( & 0(#4* & !" & #."#(,*1-& '@%)1-&H(,1,%-.,3&!"&5%=-.#1-&#(-.,&;'*,1&1"%/(,)1,%&2%&.51-&"1&.&@+"1%(2*(3&;("*,1&#+&(-&"%#%.0'*+&"1&
)(5("%-.,&)+%8&J'2*(,('&%"0%/%01-1%&"1&)(&7'#(&-'&!"*45;-',(3&(-&"+)#4"01:)(&'#.-.&1"0(&(&0()(5"'*& .&/'&;1*('&/(0('8&K7(,'&#("*,'-+&)'1&K7(,'&0%/%"+&(L(#1*+&.&5%2#',(&0(&,.*'6%(&!"&=1,1-&'L(%&)'-(&
)+&*,+%')#+3&!"*,:1"&'"15%*&;.;.,3&!"*,:.&'"15%*+&7'5%-%(3&01;+&#15&#(,&"(#()%*+6%-(&?,1;1-1%&0%"&#',(& !"#$%;1%*(8&C(&')(5("('3&#(-(&;'*,1&1"%/(,)1,%&(L(#1*+&7%(#',(&#4*(&.&5%2#',(&0(&,.*'6%(&!"&=1,1-&'L(%&
7'#(&;',*(8&I2'0',&(/.-16%'&%"0%/%01-1%&0(;%"0(&2%&0(&(/.-16%'&#.-(#*%/%*+6%%&)'-(8 -.,&2%&.&5%2#',(&0(&*,'")-'6%(&!"&=1"%%&K7(,(%&#("*,'-(8
G%@(,*'*(&0(;-%"+&(L%)*+&!"&H(,&2%&;(&;+54"*8&I2'&'&/,1*&H,('*.,1-&".)*,1&)+&7%(3&0',&0'#+&/(%& H(-(&;'*,1&1"%/(,)1,%&)1"*&0(&(/.-16%(&2%&#.")*%*16%(&0%7(,%*+3&7%%"0&'2(F'*(&!"&=1,1-&K7(,(%&0%/%"(&
?,(2%3& '5',"%#&/(%&;-+*%8& C(&#(-(& 5'%&51-*(&.,%& .51-& ?,(2(2*(3& 0(.',(#(& #'1*+&)+:2% & 7'#+&)%"?1,& ;(& .&-%"%(&!"#$%;1%*+& !"&7.,5+&0(&);%,'-+8& 9,%"& 1,5',(3&#(-(&;'*,1&1"%/(,)1,%&"1& )1"*&-'&'#(('2%&
0,(;*'*(3&7%(&;,%"&/.,@(&)'1&?4"01,%3&7%(&;,%"&7';*(8 0(;+,*',(&0(&K7(,'&#("*,'-+8&9,%/%*(&0(&)1)3&!"&;,.%(#6%'&1"1%&;-'"&.,%F."*'-3&#(-(&;'*,1&1"%/(,)1,%&;',&
a51-&#',(&2*%(&0(&(L%)*("6'&".')*,+3&,'@0+&!"&7'6'&)'5'/.-"%#%(%&%"=1,%%-.,&2%&"(0,(;*+6%-.,&'-*.,'3& '&7%&'2(F'*(&01;+&0%,(#6%'&#(-.,&;'*,1&@,'6(&'-(&1"(%&#,1#%8
2%&-')+&#'&#(%&0(&)1)&0%"&?,1;1-&)+13&)+&#(',+&0,(;*'*(&o.,1-1%&)1;,(58&J.%&"1&;1*(5&.;,%&)'5'/.-"%#%'3& o%(#',(&;-'"(*+&(L(#1*+&.&5%2#',(&0(&,.*'6%(&!"&=1,1-&'L(%&)'-(&2%&1"'&0(&*,'")-'6%(3&;(&1"&0,15&
0',&;1*(5&#(,(&2%&.@6%"(&0,(;*'*(3&)'*%)7'#6%(&01;+&%"=1)*%6%'&#.5%)+8&C'#+&'5&%"*(,/("%&!"'%"*('& %0('-&!"&7.,5+&0(&(-%;)+3&!"&=1,1-&).',(-1%&0%"&#',(&'&0(,%/'*&.0'*+8&C',&2%&).,%%&(L(#1*+&.&5%2#',(&0(&
#.5%*(,%%&7';*(%3&'5&!"#+-#'&G(?('&0%/%"+&,(7(,%*.',(&-'&-%@(,1-&',@%*,1&'-&.51-1%8&I*1"#%&0()*%"1-& ,.*'6%(&!"&=1,1-&'L(%&-.,&2%&'-*'&!"&7.,5+&0(&(-%;)+&!"&=1,1-&#("*,1-1%&1"%/(,)1-1%&0(&#',(&0(;%"08&
.51-1%&',&7%&)%5;-1&2%&!"&-15(&',&0.5"%&"15'%&@%"(-(3&0',&!"&#'F1-&'#()*'&"1&):',&5'%&#1".'2*(& I2'0',&;-'"(*(-(&)(&!"/4,*()#&!"&=1,1-&).,%-.,&-.,3&).,%%&:&!"&=1,1-&#("*,1-1%&1"%/(,)1-1%&-.,3&%',&#(-(&
/'-.',('&@%"(-1%3&0(.',(#(&"1&',&7%&;1)&!"&#15;+"+&.;1)1-&)+1&:&,+1-8 ;'*,1&1"%/(,)1,%&)(&,.*()#&!"&=1,1-&K7(,(%&#("*,'-(3&'&K7(,(%&0%/%"(8
:(-%8(&'1&!"&0(5(,(&'4+,',('&#28(#*%0%*+.%82,/&%',&"1&4,2*(#.%'&%"5%0%5181%9 S & ?,(1 & )+ & /+ & 7'#(6% & . & %0(( & ')1;,' & 5+,%5%% & K7(,(% & 0%/%"(3 & ' & K7(,(%:G'@.,'*.,8 & S)*( & ';,.';(&
S/.-16%'&"1&)(&;.'*(&7'#(&0(#4*&;,%"&#.-(#*%/%*'*(8&H4"0&%"0%/%01-&?,(2(2*(3&?,1;',('&0%"&#',(& %5;.)%@%-&)+&!"6(-(?(6%&0%5(")%1"%-(&#1;,%")(&!"&R"7%"%*&)'1&#.)5.)&0(&#(-(&;'*,1&1"%/(,)1,%8&J%#%&
7'#(&;',*(&!%&';-%#+&-(?('&#1&*.'*+&,%?.',('&2%&!-&;(0(;)(2*(&!"&5.0&,(?,()%/3&0%"&(L%)*("6+&!"&(L%)*("6+3& 7'"*(F%'&#('&5'%&7(#1"0+&"1&/:',&;1*('&';,.;%'&0(&5+,%5('&-.,8
;4"+&-'&#.5;-(*'&'"%$%-',(&'&;.,"%,%-.,&)'-(&);,(&?,(2(-%8&J1&0%"81,+&;(0(;)(2*(&#.-(#*%/%*'*('3&#%&0%"& K7(,'&#("*,'-+3&G'@.,'*.,1-3&#1;,%"0(&*.'*+&?'5'&0(&5'*(,%%A&0(&-'&#('&5'%&7%"+&:&#1&#',(&):'&
%"*(,()3&;("*,1&#+&'#*(-(&%"0%/%01-1%&)(&,+)7,4"?&"1&'*4*&')1;,'&-1%3&#4*&5'%&51-*&')1;,'&?,1;+,%%&0%"& !"#(;1*&%"%6%'-&*.'*+&#,('6%'3&2%&;4"+&-'&5'*(,%'&'*.5%#+8&C(&')(5("('3&('&#1;,%"0(&*.'*+&?'5'&0(&
#',(&7'#(&;',*(8&C(&'%#%&?,%='&#.")*'"*+&'&#(-.,&0%"&);'6%1&)+&)7+*1%')#+&".';*('&2%&)+&)1?(,(F(&F%1'& 01$1,%A&0(&-' &51$18&"17+,18&1"1/ &!"#(;+*.,1-&/%(6%%3&2%&;4"+&-'&01$1-&%"7%"%*&0(&(/.-1'*3&/(#%"&#1&
').#%'6%-.,&-.,&)+&"1&)(&("(,/(F(&2%&)+&"1&?,(2(')#+3&0(.',(#(&?,(2('-'&1"1%'&0%"&#.-(#*%/%*'*(&!"*4,F%(& !")12%&H,('*.,1-&)+18
?,1;1-&!"*,(?&0%"&5(,)1-&)+1&')#("0("*8 H4*&;,%/(2*(&)7(,(-(&1"%/(,)1,%3&(-(&#1;,%"0&*.*&#(&#1;,%"0(&2%&H("*,1-&#,('*.,3&;-1)&7-1%0(&0%"&#(&
!"&'#()*&)#.;&7%(#',(&!"*,1;'*&',(&!"&;,('=5'&)'&*,(%&01$1,%&#',(&!-&')%)*+&2%&!%&#."01#&;'2%%&/%(6%%: !"&#(&5'%&#."0(")'*(3&;4"+&-'&)*',('&?'F.')+3&-%#$%0+&2%&).-%0+8&S-(&#1;,%"0&0(&')(5("('&.&?'5+&
SL%)*+&.&!"*,(#(,(&!"*,(&#.-(#*%/%*+6%3&;,%/%"0&)1;(,%.,%*'*('&5(5@,%-.,3&%"0%/%F%-.,&#(&.&#.5;1"& "()74,2%*+&0(&01$1,%A&0(&-'&01$1-&'"%5'*.,&0(&'*.53&5.-(#1-+3&;%'*,+3&;-'"*+3&'"%5'-3&.53&!"?(,&
o%(#',(&#.-(#*%/%*'*(&)(&)*,+01%(2*(&)+&0(6%"+&%"0%/%F%&)1;(,%.,%3&0(F@+,'6%&0(&(?.%)5&2%&;.,"%,%&);,(& ;-'"(*',3&!"?(,&).-',&2%&;4"+&-'&01$1-&0(&N1/(,"'*.,&).-',8
7';*(&#."*,',(&-(?%-.,&(*(,"(8&H.-(#*%/%*+6%-(3&#'&0(&'-*7(-&2%&%"0%/%F%%3&'1&/(#$%5%&0%7(,%*(3&2%&0(#%&"1& W%&2%&".';*(3&)(#1"0+&0(&)(#1"0+3&0%"&H("*,1-&0%/%"&)(&,(/',)+&#+*,(&#(-(&;'*,1&1"%/(,)1,%&1"&
;.)(0+&'#(('2%&7.,6+&);%,%*1'-+8&H(-(&5'%&*%"(,(&)(&)%-()#&)+&.@6%"+&2%&(-(&,('-%F+,%-(&#.-(#*%/%*+6%-., *2,("*&5(&;81%5(&0+*+*.,&0(&/%'6+8&H1,)1-&'#()*1%&*.,("*&7-1%0%#&()*(&!"&7.,5+&0(&);%,'-+8&C%"&'#()*&1,%'2
VX\ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',%( ?271"%#+,%&5%"&?(,
VXT

*2,("*&#2)7%# &)(&0();,%"0&,'51,%&!"&%"*(,%.,1-&7%(#+,1%&1"%/(,)3&-'&7%(#',(&).',(&2%&7%(#',(&;-'"(*+3& ;,./("%*(&0(&-'&7.)*(-(&#.,;1,%&#(,(2*%3&2%&)1"*&.',(#15&#.,1;*(8&9,%"&1,5',(3&.,%#(&#.,;&#(,()#&',(&


;("*,1&'&-(&0'&1"&%5;1-)&".1&0(&/%'6+8&N,'6%(&'#()*1%&#1,("*&0( &$,'"+&#2)7%#+/ &;-'"(*(-(&*,+%()#& 7-1%0(&;1,(&2%&%5;1,(8
5%-%',0(&0(&'"%&2%&).,%%&-.,&#.,();1"F+*.,%&:&2%&5'%&0(;',*(3&;4"+&-'&F(#%&0(&5%-%',0(&0(&'"%8 H4"0&0%/%"1-&H,('*.,&/,('&)+&#,((F(&1"&".1&)%)*(5&;-'"(*',3&;.,"(2*(&0%"&G'@.,'*.,1-&K+1&.&
!" & '7',+ & 0( & '#()* & #1,("*3 & 1,%'2 & *.,("* & #.)5%#3 & %"/%F%@%-3 & %")()%F'@%- & ;("*,1 & /.%3 & .'5("% & *,1;(2*%3& "(@1-.')'8 & S' & /' & #+-+*.,% & ;( & 1" & 0,15 & !" & );%,'-+3 & ;,%" & );'6%%-( & #.)5%#( & 0%"*,( & K7(,' & #("*,'-+ & 2%&
#.,;1,%-(&#(,(2*%&(L%)*("*(&5'%&)1"*&/%/%7%#'*(3&0%"&*%5;&!"&*%5;3&0(&5'*(,%%-(&7%1%0%#(&'01)(&!"&0,151-& 1"%/(,)8&9,%"&'#()*(&);'6%%&"(@1-.')'&/'&!"*4-"%&;1-@(,('&7.,5'*+&0%"&0%)*,1?(,('&;-'"(*(-.,&#(&2%:'1&
-.,&/(,*%?%".)&0(&#.5(*(&:&#.,;1,%&#(,(2*%&#1&,.-1-&0(&'&0%)*,%@1%&("(,?%%3&5'*(,%%&7%1%0%#( &#(-.,-'-*(& *(,5%"'*&(/.-16%'8&C5&7,(#',('&,(#%;,.#+&'&;',*%#1-(-.,3&"(@1-.')'&)(&(-(#*,%F('F+&2%&0%"&%"/%F%@%-+&
#.,;1,%&#(,(2*%3&!"&#1,)1-&(L%)*("6(%&-.,8&H.5(*'&/%"(&0(&-'&H("*,1-&#,('*.,3&!"#."=.',+&).,%%3 &)*(-(-(3& 0(/%"(&/%F%@%-+&2%&#'-0+3&'/4"0&.&#1-.',(&-'#*((&%"#'"0()#("*+8&J(@1-.')'&!2%&1,5('F+&0,151-&5%%&2%&
-+)4"0&-'&7%(#',(&.&;',*(&0%"&5'*(,%'&0%/%"+&#1&#',(&'&7.)*&!"#+,#'*+8&C1;+&5%-%.'"(&0(&'"%3&#4"0&2%:'& 51&0(&'"%3&%"*,4"0&!"*,:1"1%&0%"&1"%/(,)1,%3&;4"+&-'&-.#1-&0()*%"'*&0(&H,('*.,3&1"0(&/'&!"#(;(&)+&)(&
!"0(;-%"%*&,.-1-&0(&#+,+123&#.5(*'&)(&*,'")7.,5+&!"*,:.&)*('&2%&01;+&'#(('&!"*,:.&;-'"(*+8&I*4*'&*%5;& ,.*(')#+&!"&=1,1-&(%3&;("*,1&'&0'&"'2*(,(&1"1%&')*,13&1"1%&".1&).',(8
#4*&1"&#.,;&#(,()#&:&;-'"(*+&)'1&).',(&:&',(&!"&)4"1-&)+1&7-1%0(&0+*+*.',(&)'1&!"*,(6%"+*.',(&0(&/%'6+3&(-& G'&!"*.',#(,('&!"&G'@.,'*.,3&*,(#4"0&;,%"&);'6%1-&#.)5%#&0%"*,(&1"%/(,)1,%&2%&G'@.,'*.,3&7-1%0(-(&
/'&*,+%3&#."*%"14"0&)+&(L%)*(&;(&7%,5'5("*3&!"&);'6%1-&1"1%&1"%/(,)8&H4"03&01;+&*,(#(,('&'&5%-%',0(&0(& ;,./("%*(&0%"&0%)*,1?(,('&')*,(-.,&)(&7,('#+&0(&;1-@(,('&#.)5%#+3&.&(-(#*,%F('F+&2%&';.%&.&*,'")7.,5+&
!"&(*(,3&'2'&#+3&).)%*(&!"&K7(,'&#("*,'-+3&)1"*&;(&0(;-%"&0()7+#1*(3&0()#.5;1)(&!"&(-(5("*(-(&-.,&
'"%3&;%(,0(&*,(;*'*&0%"&7-1%0(-(&)'-(&:&7-1%01-&5'?"(*%#&!"&);(#%'-&:;-'"(*'&5.',(Q&!"#(*1-&#1&!"#(*1-&)(& .,%?%"'-(3&!"&5'*(,%'&;,%5+8
)7+,45+3&)(&;1-/(,%F('F+&2%&5'%&';.%&)(&7-1%0%F('F+8&K7+,45+*1,%-( &/.,&,+*+#%&;,%"&);'6%1&2%&01;+&.& I*,'?&'*("6%'&#+&5'*(,%%-(&#(-(&5'%&#."#("*,'*(&0%"*,:1"&1"%/(,)&)(&'7-+&!"&#("*,1-&)+18&C1$1,%-(&
/,(5( & /., & 7% & '*,')( & 0( & '-*( & #.,;1,% & #(,(2*%3 & #+F4"0 & )1@ & 7.,5+ & 0( & 5(*(.,%6% & 0( & 0%7(,%*( & 5+,%5%8& "1&;.*&*,+%&-'&;(,%7(,%'&1"%/(,)1-1%3&#+#%&'#.-.&)(&?+)()#&0.',&5'*(,%%-(&;,(?+*%*(&)+&0('&"'2*(,(&-'&
91-@(,('&-.,&/'&,+*+#%&;,%"&);'6%1&2%&/'&7%&'*,')+&0(&/4,*(=1,%-(&".%-.,&)*(-(&)'1&).,%3&7.,54"0&)#$(-(*1-& #.,;1,%&#(,(2*%3&)'1&#(-(&#',(&'1&*,+%*/&%',&'#153&'=1")(&'#.-.3&2%:'1&4%(,51*&0%'.'&2%&)(&01#&-'&H("*,1&
e!"&=1,1-&#+,1%'&)(&/.,&#."#,(*%F'&7-1%0(-(3&;("*,1&'&#.")*%*1%&?'F(3&-%#$%0(&2%&:&#1&/,(5('&:&).-%0(8&!"& ;("*,1&'&2%:.&,(#+;+*'8
7%"(3&7-1%0(-(&;-'"(*(-.,&0%);+,1*(&/.,&7%&-1'*(&0(&5',(-(&#1,("*&#.)5%#&#("*,%;(*3&#',(3&01;+&#(&'&-1'*& S&.,'&*4,F%(3&0',&*.*12%&/,('1&)+:6%&5'%&);1"&#(/'8&C%"&)(,%'&"()74,2%*+&0(&7-1%0(&"1&*.'*(&'=1"?&)+&
0(&-'&7%(#',(&0%"&5%-%',0(-(&0(&#.,;1,%&#(,(2*%3&;-'"(*(&2%&).,%3&(-(5("*(-(&-.,&1F'*(3&)(&!"*.',#(&!"& )(&7'#+&5'*(,%(&7%F%#+8&J1&*.'*(&7-1%0(-(&)(&#."#("*,('F+&;("*,1&'&0(/("%&5'*(,%(&7%F%#+3&;("*,1&/.%3&
K7(,'&#("*,'-+&;("*,1&'&)(&*,'")7.,5'3&;("*,1&':2%&;,%5("%&7-1%0(-(&0+*+*.',(&0(&/%'6+3&;.,"%"0&0%"&".1& #(%&!"*,1;'6%3&#+#%&;("*,1&".%3&01$1,%-(&15'"(3&*.*&#(&(&7-1%0&(&5'*(,%(&7%F%#+3&7%%"0&)1)#(;*%@%-&0(&
);,(&#(-(&;'*,1&1"%/(,)1,%8&I2'&1,5('F+&!"&/(2"%#%(8&!"?(,%%&;-'"(*',%&2%&).-',%&'1&7.)*&-'&H("*,13&!"& *,'")7.,5',(8&C(&'#(('&7-1%01-&:&F%#(5&2%&".%3&#'&/.%&:&5.',(&2%&,("'2*(3&;(&#4"0&)#4"*(%'&0%"&5%"(3&
K7(,'&0%/%"+&0(&51-*(&.,%&!"&(L%)*("6'&-.,&'"?(-%#+&2%&'1&/+F1*&#(&()*(&'#.-.3&#(&)(&7'#(&'#.-.&2%&"(& 0%"&*%"(&2%&0%"&.,%#(&01$&"1&;.'*(&0(/("%&5'*(,%(&7%F%#+3&"1&)(&5'%&)#$%5@+&"%#%.0'*+8&H'&01$3&'#15&
);1"&2%&".1+3&#',(&"1&'5&'=1")&!"#+&-'&)*'0%1-&0(&'&#+-+*.,%&('&(%3&0(&-'&.&;-'"(*+&-'&).',(&2%&0(&-'&).',(& )1"*&.&)#4"*(%(&0%/%"+&:&#15&F%#(6%&/.%&:&!"/(-%*+&0(&1"&#.,;&7%F%#&%"/%F%@%-&/.1+3&7%%"0&7-1%0%#Z&0',&
-'&H("*,13&;("*,1&#'&';.%3&0(&'#.-.3&)+&5(',?+&;(&1"&'-*&).',(3&1"0(&)+:2%&#."*%"1(&(/.-16%'&'"?(-%#+8 51,%*.,3&;%(,%*.,3&;("*,1&#+&!-&;.*&-(;+0'3&0()7+#4"01:)(&!"&;+,6%-(&)'-(&#.5;."("*(8
J.%3&#(%&0%"&);'6%13&'*4*&;(&#4*&2*%53&;,%"&;,.;,%%-(&".')*,(&)%561,%&);%,%*1'-(3&;,%"&;,.;,%%-(&.@)(,/'6%%3& H4"0&/'&7%&)+&*(,5%"&'#(')*+&2#.'-+&;-'"(*',+3&/.%&;-(#'&;(&G1"+&1"0(&/.%&-(;+0'&.&;',*(&0%"&
"(&).#.*%5&7(,%#%6%&7'6+&0(&/.%3&/%(,5%&'%&;+54"*1-1%3&.,@%&!"&5%)*(,1-&-15%"%%&#(&%"1"0+&);'6%%-(& $'%"'&'#()*(%&;-'"(*(8&H4"0&/'&7%&)+&;+,+)()#&2%&G1"'3&/.%&-(;+0'&2%&,()*1-&$'%"(%&7%1%0%#(&'&;-'"(*(%&
)%0(,'-(8&[.%&"1&2*%6%3&"1&*,(@1%(&)+&2*%6%3&0(#4*&#(-(&#1".)#1*(&;,%"&)%561,%-(&/.')*,(&7%F%#(8&H%,#1-'6%'& 9+54"*8&I*1"#%3&;("*,1&*.'*(&01$1,%-(&'#()*(%&;-'"(*(3&/.%&7%&#.")%0(,'*&#'&2%&#15&'2&7%&51,%*3&01;+&
0(&-'&.&;-'"(*+&-'&'-*'&"1&()*(&;.)%@%-+&0(#4*&*,(#4"0&5'%&!"*4%&;,%"&).',(3&#("*,1-&)%)*(51-1%&).-',8&C(& #15&'5&51,%*&;("*,1&.'5("%%&*,1;(2*%3&-'&7%(#',(&0(F@,+#',(&'&$'%"(%&0(&-1*8&H4"0&/'&7%&)+&;-(#&0%"&
')(5("('&;+*,1"0(,('&0%"&1"%/(,)1-&".)*,1&!"&'-*&1"%/(,)&"1&()*(&;.)%@%-+&0(#4*&*,(#4"0&;,%"&H("*,1-& '#()*&)%)*(5&;-'"(*',3&0(&;(&')*,1-&".)*,1&).-',3&/.%&-(;+0'&2%&$'%"'&5('&).-',+3&!5@,+#'*+&-'&/("%,('&
0%/%"&2%&0(&'#.-.&!"&1"%/(,)1-&0.,%*8 !"&'#()*&)%)*(5&).-',8&I*1"#%&%',+2%&/.%&;%(,%3&/.%&51,%3&;("*,1&01$1,%-(&).-',(3&-+)4"01:5%&;(&K.',(&
G'&7(-&)(&!"*45;-+&2%&#4"0&)(&*,(#(&0%"*,:1"&)%)*(5&).-',&;(&'-*1-8&I)*7(-3&#4"0&1"&01$&15'"& $'%"'&5('&).-',+8&R'*+&#+&!"/(-%21,%-(&01$1-1%3&'-(&);%,%*1-1%3&)1"*&;%(,%*.',(3&#+#%&(-(&)(&/.,&,%)%;%3&
*(,5%"+&#1&@%"(&*.'*(&*,(;*(-(&)'-(&(/.-1*%/(&15'"(&;(&.&;-'"(*+3&5(,?(&!"&K.',(3&#("*,1-&)%)*(51-1%& 0%F.-/4"01:)( & !" & 5'*(,%' & )%5%-',+ & ' & 5(0%1-1% & 1"0( & -(:'5 & 0(F@,+#'*8 &[.% & ;+)*,' & $'%"(-( & 7%1%0%#(&
;-'"(*',&2%&01;+&.&2(0(,(&.',(#',(&;.,"(2*(&5'%&0(;',*(3&#+*,(&1"&)%)*(5&).-',&)1;(,%.,3&;("*,1&':2%& 0%/%"(&0'*(&0(&H,('*.,%%&#("*,'-%3&I1L%-%',%%&P'*+-1%&".)*,18&I=1")&!"&K7(,'&0%/%"+3&/.%&;1*('&0(F@,+#'&
#."*%"1'&#',%(,'&0(&01$&15'"3&'=1"?4"0&.0'*+&-'&,'"?1-&0(&!"?(,&;-'"(*',8 2%&$'%"(-(&0%/%"(3&0',&)#4"*(%'&5('&"1&/'&;%(,%3&#$%',&0'#+&'2&%"*,'&!"&H';1-&P'*+-1%&5(18
J(&71,+&2%&;(&".%&?4"01-3&#'&;(&/.%3&2%&"(&)%-%5&)+&#."#(;(5&5+#',&#4*&0(&-15%".')+&2%&;1*(,"%#+& J.%&)1"*(5&;',*%#1-(&1-*,'5%#,.)#.;%#(3&0',&)1"*(5&#.;%%%&P'*+-1%8&a&0'*+&#(&"(:'&(5%)3&.&0'*+&#(&
()*(&o%%"6'3&"15%*+&C15"(F(13&P'*+-&".)*,1&#,('*.,8&H4*(&1"&!"?(,&"(&)#.'*(&0%"&,(/(,%'&".')*,+3&2%&"(& "(:'&0'*&/%'6+&0(&01$3&/.5&*,+%&!"&/(2"%#%(3&')(5("('&G1%8&K#4"*(%(&'5&7.)*&2%&)1"*3&'0+1?4"01:5%:)(&.&
);1"(A&BH4"0&'5&7.)*&-'&H("*,13&5%&):'&);1)&0(&H(%&0(&'#.-.A&p`,'*(/&3*%%&%1&1"5(&'%&)2)%%y&F%&)2)%*&8' & ;',*(&0%"&*,1;1-&P'*+-1%&".)*,18&P,1;&0%"&*,1;1-&P'*+-1%&()*(&2%&9+54"*1-3&#1&7-1%0(-(&2%&5%"(,'-(-(&
>17"(M(1/&(3*%&!"&)E"18&81%&>17"(M(1q9&K*+5&2%&(1&;(&?4"01,%&2%&!5%&F%#('5A&H15&)+&75&(1&'#15&!"& )'-(8&I#()*&*,1;&:&*,1;&0(&C15"(F(%,(&:&#4"0/'3&01;+&#(&!2%&/'&!"0(;-%"%&5%)%1"('3&)(&/'&!"*.',#(&!"&
!")12%&)4"1-&-1%&C15"(F(1D&R',&5',%-(&G15%"%&0(&'#.-.3&)'/'"6%&0(&"(#1;,%")&#1&5%"*('&".')*,+& K7(,':U'5+3&;("*,1&'&)(&;,(7'#(&2%&)(,/%&-'&".%&#,('6%%8&I2'0',&H';1-&0(&P'*+3&()*(&"(51,%*.,&2%&
'"?(-%#+3&'1&,(;(*'*A&p>'/&(3*%&#$%',&!"&*,1418&81%&>17"(M(19&@;(,'&5%0%"+&()*(&#$%',&*,1418&@+1/&%', & "(*,'")7.,5'@%-3&%',&K7(,':U'5+&)'1&94"*(#(-(&()*(&"(51,%*.,3&0',&!"&/(2"%#+&*,'")7.,5',(8
S2%&3%&*1&)1"*(7&#(818(8(&@'8(/&#+#%&#%,#18+7&!"&!")13%&*,1418&@+19&d1&)*E"5&'%#%&*(&$,+"(3*%&#1&
)1A)*'".' & 5%" & *,1418 & @+1/ & 7+"E"#% & 5%" & *,1418 & @+1 & ;%M%#/ & #',( & 4("*,1 & *%"( & ( & ;81%5%#/ & 5', & 4("*,1 &
>17"(M(1&()*(&;2',*(&*',(/&;2',*(&)28%5qkO9
G'&,4"01-&*+13&"1&*(&5%,'&'#15&2%&*13&7,'*(&!"*,1;'*3&).#.*%"0&'#()*(&0()#,%(,%&'-(&5(-(&#'&7'"*(F%%& S#89(.&()8#)/#(?()$-(.&*+#
'-(&1"1%&01$&#(,()#Q&(-(&)1"*&'0(/+,1,%&;1,(8
K7(,'&0%/%"+&()*(&7.,5'*+&0%"&*,(%&)7(,(&#."#("*,%#(8&K7(,'&0%"&#("*,1-&K7(,(%&0%/%"(&()*(&0("15%*+&
;("*,1&/.%3 &?'4 & 5( &>17"(M(1/ &7%%"0 &H("*,1- &0(&1"0(& ;-('#+ &-E"5%,(' &-1%&C15"(F(18& C( & '#()*& I#')5.5("*1-& #4"0& *(:'%&;,(?+*%*&)+& )*'%& 0(& /.,@+& #1& 5%"(3&'5&-1'*& #1".2*%"6+&0(&-'&0,(;*'21-&
H("*,13&!"#."=1,'*&0(&.&'-*+&)7(,+&"15%*+&d2,'#(/&"1&)(&;.*&';,.;%'&0(#4*&01$1,%-(&#1&,'"?1-&)'1&*%*-1-& *+1&#+&(2*%&-%@(,3&2%&'5&#.@.,4*&#'&71-?(,1-8
0( &`%% & 5( & >17"(M(19 &P.,'#(-( & ()*( & !"#."=1,'* & 0( & . & '-*+ & )7(,+ & "15%*+ &FA527("/ &)'1 & *,1;1- & -1%& S & ?,(1 & )+ & /+ & 7'#(6% & . & %0(( & #."#,(*+ & 0( & /%*(F' & 5%2#+,%% & ".')*,(8 & C%" & !"+-6%5(' & )(0%1-1% & 5(1&
C15"(F(13&0(&1"0(&;-('#+&#,('6%%-(&#."#,(*%F'*(&;,%"&(-'@.,+,%&;,(-1"?%8&H';1-&',&7%&-E"5%*2,18/&%',& .@%2"1%*3&#.@.,&-'&)1;,'7'6'&;+54"*1-1%&#'&1"&/4,*(=3&!"&);%,'-+3&2%&)*,+@'*&';,.L%5'*%/&.&5%(&0(&
94"*(#(-(&"+)#+*2,189&H';1-&',&7%&#2"#(4+*2,18&d'*+/&%',&94"*(#(-(&#2"#(4+*2',('&J'7+/&J'7',18& ]%-.5(*,%&!"&#4*(/'&)(#1"0(8&9(&5+)1,+&#(&!"'%"*(F&!"&5'*(,%'&*.*&5'%&0(")+&);,(&)1;,'7'6'&?-.@1-1%3&
H';1-&()*(&(5%6+*.,1-&0(&)#E"*(%&5%0%"(/&%',&U'5',1-&:&#,('*.,1-&'&*.*&7(-1-&0(&5'*(,%%&7%F%#(3&/%F%@%-(& 5*45;%"&.&,(F%)*("6+&5'%&5',(8&H4"0&,(/%"&#+*,(&F."'&5('3&7(".5("1-&)(&;(*,(#(&%"/(,)3&0(.',(#(&
!"&=1,1-&".)*,18 #1&#4*&5+&!"0(;+,*(F&0(&;+54"*3&#1&'*4*&(*(,1-&;-'"(*(%&()*(&0%"&#(&!"&#(&5'%&7%"3&%',&,(F%)*("6'&
C%"&K7(,'&0%/%"+&;-('#+&*.*1-A&);%,%*(&2%&5'*(,%%8&U'*(,%%-(&;-('#+&)%5;-(&2%&;(&5+)1,+&#(&)(& 1%*45;%"'*+&()*(&0%"&#(&!"&#(&5'%&5%#+8&[+&5%"1"'6%&0(&/%*(F'&'/%."1-1%&/.)*,1&2%&#1&*.'*(&'#()*('3&
!"0(;+,*('F+&)(&!"0()()#3&)(&!"/4,*.2('F+3&)(&#."#("*,('F+8&C(&')(5("('3&01$1-&;-('#+&#-',&-'&5%"*(3& /%*(F'&-1%&(&5%#+&;(&-4"?+&'&".')*,+8
0',&;(&5+)1,+&#(&)(&!"0(;+,*('F+&2%&)(&'71"0+&!"&5'*(,%%3&!"/(-%"01:)(&!"&7-1%0(&0%"&#(&!"&#(&5'%& C',3&01;+&'#(')*+&5%#+&%"*,.01#(,(3&)+&*,'*(F&)1@%(#*1-&7%L'*&;("*,1&'F%8&u&C%"&".';*('&/,(51,%-.,3&
!"0()'*(3&#1".2*%"6(-(&2%&#."2*%%"6'&%&)(&!"*1"(#+8&o-1%0(-(&;.,"%*(&0(&-'&H("*,1-&#,('*.,&)1"*&;1,(&2%&)(& .5("%,('&):'&7,+54"*'*&)+&'7-(&;,.@-(5'&(L%)*("6(%&`2,.(%&#("*,'8(9&J1&(L%)*'&;+54"*1-3&"1&(L%)*'&"%#%&
!"0(')+ & ;( & 5+)1,+ & #( & )( & !"0(;+,*('F+8 & !" & 0,151- & -., & #+*,( & ;(,%7(,%(3 & );,( & 1"1- & 0%" & #(-( & ;'*,1& ).',(-(&#',(&/+&-15%"('F+3&5'%&!"'%"*(&0(&'&%%&(L%)*'*&51-*(&5%%&0(&).,%&;(&#(,8&!"?(,%%&2%&.51-&:&0(&;(&
1"%/(,)1,%3&!"&?.-1-&0%"*,(&K7(,'&#("*,'-+&2%&1"%/(,)1,%3&7-1%0(-(&)(&!"#',#+&#1&5'*(,%%&7%1%0%#(&%5;1,(3 '-*(&?-.@1,%3&;%(,%*(&0(&5%-%',0(&0(&'"%&:&'1&*.*&0%)#1*'*&2%&#+1*'*
>%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',%( ?271"%#+,%&5%"&?(, VYU
VY_
)+ & '7-( & #(/' & 0();,( &`2,.' & #("*,'8+/ &0( & 1"0( & '1 & ;.,"%* & *.'*( & #,('6%%-( & 2%& *.'*( & /%(6%-(8 &I2'0',& !"&5.5("*1-&0(&7'6+3&).',(-(&".)*,1&()*(&1"&?-.@&%"#'"0()#("*&7.,5'*&0%"*,:1"&'5'-?'5&-%#$%03&
;,.@-(5'&'#(')*'&()*(&)*,+/(#$(3&0',&2%&#('&5'%&?,('&0(&0(F-(?'*8 ;-1,%5%"(,'-&:&0(&7%(,3&'1,3&5(,#1,3&',?%"*&(*#8&P.'*(&)1@)*'"6(-(&;+54"*1-1%&(L%)*+&'#.-.&!"&)*',(&
H'&01$3&)1"*&.&7.,6+3&0',&#4"0&;,%/()#&!"&=1,1-&5(1&-'&*.*&#(&'&#,('*&o.,6'&#("*,'-+3&5%&)(&!"*1"(#+& -%#$%0+8&I,?%-'&0%"&#',(&/.%&7'#(6%&.'-(&)'1&#+,+5%F%3&)(&'7-+&!"&).',(&!"&)*',(&-%#$%0+8&C1;+&#15&';'&
5%"*('8&I#(')*+&o.,6+&()*(&0%(/&#2"3*%("*+&2%&;.)(0+&.&7(72,%(&0(&"(#1;,%")&#1&5%"*('&15'"+8&S'& .#('"(-.,&;+54"*1-1%&)(&(/';.,+&2%&7.,5('F+&".,%%3&#',(&;,%"&,+#%,(&#'0&;(&)1;,'7'6'&;+54"*1-1%&)1@&
2*%(&*.*&#(&'&#,('*3&#1".'2*(&0()*%"1-&7%(#+,1%&?-.@&2%&*.*&#(&(L%)*+&;(&(-(Q&0',&"1&"15'%&#+&2*%(&#15&-(: 7.,5+&0(&;-.'%(3&*.*&')*7(-&0%"&5')'&;-1,%5%"(,'-+&'&-%#$%01-1%&7%(,@%"*(&#(&7.,5('F+&?-.@1-&).-',&)(&
'&#,('*3&#4"0&2%&;("*,1&#(&'"15(&)#.;3&0',&-(&#."01#(&;(&*.'*(&#1&.&5+%()*,%(&0%/%"+8 ,%0%#+&!" & );'6%1- & 0%"&=1,1- &)+1 &/';.,%&7%(,@%"6%3 &-15%".2%3&0(& 0%7(,%*( & 5(*'-(3&7.,54"0& ".,%& 0("2%3&
K*+5&2%&5(0%*+5&2%&".%3&#'&1"%%&0%"*,(&/.%3&#15&;.'*(&o.,6'&#("*,'-+&#."01#(&*.*1-D&U+&;,%/()#& 5(*'-%#%3&0(&=1,:!5;,(=1,1-&).',(-1%8&I#(2*%&/';.,%&',?%-.:#'-#',.:)%-%#.:5(*'-%#%3&,%0%#4"01:)(&-'&5',%&
2%&5+&/+0&#4*&)1"*&0(&5%#&2%&"1:5%&;.*&%5'?%"'&#(-(&#(&5%&):'1&);1)3&#+&K7(,'&0(&1"0(&'1&;.,"%*&*.'*(& !"+-6%5%3&)(&,+#()#&2%&#'0&;(&)1;,'7'6'&).',(-1%3&!"&)*',(&-%#$%0+3&)1@&7.,5+&0(&;-.'%(&5(*'-%#+8&SL%)*+&
2%&*.*1-&()*(&%"#.5(")1,'@%-+8&I2'&"(&);1"&!"?(,%%&".2*,%&;-'"(*',%3&'2'&"(:'1&);1)&2%&!"?(,%%&).-',%3&2%& 5.5("*(&#4"03&!"&'"15%*(&-.#1,%3&".,%%&)(&,1;&2%&;,%"&0()#$%F+*1,'&-.,&)(&/(0(&)1;,'7'6'&-%#$%0+&'&
N1/(,"'*.,1-&".)*,1&)1;,(5&).-',3&0',&"1&"15'%&S-3&#%&*.6%&o%%&0(&C15"(F(1&).-',%3&0(&;,(*1*%"0("%8& ).',(-1%3&5'%&!"*1"(#'*+&0(#4*&'*5.)7(,'&)'&-15%".')+8&I#()*('&)1"*&;(*(-(&).-',(8
C(&'#(('&".%&!%&#,(0(53&;("*,1&#+&0(&5%%&2%&5%%&0(&'"%&#1&*.6%%&);1"&'#(-'2%&'0(/+,8&S%&)1"*&#,(F16%3& !"&=1,1-&).',(-1%&(L%)*+&.&5',(&0(&-15%"+3&0%"&#'1F+&#+&/';.,%%&0%7(,%*(-.,&5(*'-(3&,%0%#4"01:)(&!"&
;("*,1&#+&,'"?1-&-.,&-(&0+&;.)%@%-%*'*('&)+&)(&01#+&-'&H("*,1-&#,('*.,&2%&)+&/'0+&#(&()*(&2%&#(&)(&7'#(& );'6%13&)(&#%.#"()#&!"*,(&(%3&)(&(-(#*,%F('F+&2%&0%"&,('#6%%-(&-.,&,(#%;,.#(&)(&"')#&71-?(,(8&!"&;-1)3&5')'&
*.;%*+&5%"(,'-+&'&).',(-1%&()*(&"(?'*%/+&!"&'")'5@-1-&(%3&%',&'*5.)7(,'&)1;(,%.',+&5(*'-%#+3&-1'*+&!"&
'#.-.8&S/.-16%'&-.,&-(&;(,5%*(&'#()*(&#+-+*.,%%3&"1&)1"*&,(6%"16%&#'&".%3&01$1,%-(&15'"(3 @-.#3&()*(&;.F%*%/+3&0%"&#'1F'&7-1%01-1%&',%(%&1"%/(,)1-1%&#',(&.&;.-',%F('F+&;.F%*%/8&C%"&'#(')*+&#'1F+3&
0(&?-%'&'#()*(%&;-'"(*(8 .&0'*+&#1&;-.'%'&0(&5(*'-&*.;%*3&#'0(&#+*,(&)1;,'7'6'&).',(-1%&.&#."*%"1+&;-.'%(&0(&71-?(,(&(-(#*,%#(8&
K7(,'&0%/%"+3&0(&1"0(&#."01#(&P'*+-&-15%-(3&)(&0%-'*+&2%&#."*,'#*+3&%");%,+&2%&(L;%,+8&H4"0e&(L;%,+3& 9,%"&1,5',(3&-15%"'&).',(-1%&)(&0'*.,(2*(&*(5;(,'*1,%%&!"'-*(&'&/';.,%-.,&5(*'-%#%3&0',&5'%&'-()&1"(%&
(5%*(&*.*1-&:&5'*(,%%&2%&01$1,%3&%',&#4"0&%");%,+&:&'@).',@(&*.*&#(&()*(&?'*'&;("*,1&;,(7'#(,(8&!"&K7(,'& #."*%"1(&)*,+71-?(,+,%&(-(#*,%#(&0%"&'*5.)7(,'&)'8
0%/%"+&/%'6'&)(&$,+"(2*(&#1&5.',*(&2%&.&!"/%(3&04"01:%&0%"&".1&/%'6+8 9(&'#()*&?-.@&7%(,@%"*(&2%&',$%(-(#*,%#&"1&*,+%(2*(&"%#%&1"&01$8&P.'*(&01$1,%-(&).-',(3&!"&7,1"*(&#1&
U.,54"*1-&1"%/(,)1-1%&(2*%&P13&P'*+-&5(1M&!"&)4"1-&P+1&5+&/.%&!"*.',#(&2%&!"&-.#&0(&'&51,%3&5+& @;E"*'&d,(%7(&)28',+/&)1"*&0(;',*(&0(&'#(')*+&F."+&;1*(,"%#&(-(#*,%#+3&;(&1"&5%#&')*5&7-1%0%#.:7%F%#3&
/(%&,("'2*(8&a5&)%5;-1&)1"*&'#153&0',&!"'%"*(&0(&'&7%&.5&'5&7.)*&C15"(F(13&#.,;&0%"&#.,;1-&P+13& "15%*&:1"'&)28',+9
;("*,1&#+&P13&P'*+3&5:'%&"+)#1*&0%"&o%%"6'&P'8&[.%&'0.,5%&!"&K7(,'&P'3&2%&#4"0&5+&/.%&0(2*(;*'3&/.%&
#.")*'*'&#+&5:'%&,(.,?'"%F'*3&#.,;1-&5(1&-:'%&,(7+#1*&2%&0%"&.53&P1&!"?(,&5:'%&7+#1*8&R',+2%&2%&%',+2%3&
/("%"0&0%"&K7(,'&P'&!"&#,('6%(&2%&!"*.,#4"01:5+&!"&S'3&/.%&#.")*'*'&#+&0%"&!"?(,&5:'%&7+#1*&o%1-&P+13&
o%1 & 0( & C15"(F(18 &I*1"#%3 & 7(,%#%*3 & /.% & #4"*' & N-.,%' &P' & (*(,"+3 & !5;,(1"+ & #1 & #(*(-( & !"?(,(2*% & 0(& H.")*%*16%'&).',(-1%
;,(*1*%"0("%8&U%-%',0(&0(&'"%&;4"+&#4"0&5+&/(%&!"5.,54"*'&0%"&".13&0(&0'*'&'#(')*'&#'&o%1&0(&
C15"(F(13&!6%&/.%&#4"*'&,(#1".2*%"6'&5('&;("*,1&#+&5:'%&/+F1*&/,(0"%#&2%&5%:'%&!"#,(0%"6'*&5%-%',0(& I5 & );1) & #+3 & !" & 5.5("*1- & 0( & 7'6+3 & ).',(-( & ".)*,1 & ()*( & 1" & ?-.@ & -%#$%03 & ;-1,%5%"(,'-3 & 7.',*(&
0(&!"?(,%&#1&#',(&/.%&#,('3&)1@&)1;,'/(?$(,('&H,('*.,%-.,&P+%&0%/%"%3&"(@1-.')'&2%&5'%&';.%&)7(,(-(& 7%(,@%"*(8&H+-01,'&,'0%'*+&0(&'#()*&?-.@&7%(,@%"*(&)(&;%(,0(&!"&);'6%%-(&0%"&=1,1-&)+1&;(&.&0%)*'"6+&1,%'2+&
!5;+,+6%(%&5(-(3&;(&#',(&.&/.%&#."01#(&51-*(&5%-%',0(&0(&'"%8 2%&*.*12%&('&"1&'=1"?(&"%#%&;4"+&-'&#('&5'%&';,.;%'*+&;-'"(*+&'&)%)*(51-1%&)+18
P'*+-&(&7(,%#%*&0(.',(#(&#,(('F+8&H%"(&%"*,+&!"&*,1;1-&K+13&%"*,+&!"&7(,%#%,('&/(2"%#+8&z(-1-&*1*1,.,& C()%?1,&#+&'7%,5'6%'&5('&.&)+&/+&;',+&#%10'*+3&#+#%&*.'*+&-15('&2*%(&-'&/.%&#+&).',(-(&/+&0+&
01$1,%-.,&()*(&0(&'&)(&!"*.',#(&!"&S0("1-&1"0(&'1&7.)*&.0'*+8&94"+&'*1"#%3&)1"*(5&7(,%#%6%&#+&'/(5& -15%"'&2%&#+-01,'8&H1&*.'*(&'#()*('3&(1&'7%,5&!"#+&.&0'*+A&817%"'&3%&#+851,'&#(&0%&)(&4',&#+&0%"&5(&8' &
-4"?+&".%&,(;,(F("*'"6%%&P'*+-1%3&!"?(,%%&".2*,%&;-'"(*',%&2%&).-',%3&#',(&"(&?,+%()#&0(&P'*+-&#(,()#8 )2',(&"1&)1"*&#+851,'&3%&817%"'&)'&4,24,%(/&#%&,(M18*'*18&#27A%"'.%%82,&1"5(82,&(8(#*,267'-"(*%#(&'8(&
C(2%&)1"*(5&51-*&5'%&2*%1*.,%&0(#4*&/.%3&*.*12%&)*+53&"(&?4"0%5&2%&"(&5%"1"+5&#15&'*4*('& 4+7E"*181%&#1&#(8(&'8(&)2',(81%9&C',&')1;,'&'#()*1%&)1@%(#*&/.5&,(/("%8
5%-%',0(&0(&).,%3&#1&;1%%&)'1&;-'"(*(-(&-.,3&)(&5%2#+&#1&*.'*(&2%&"1&)(&#%.#"()#&1"(-(&0(&'-*(-(8&I5&)+& C(&51-*(&5%-%.'"(&0(&'"%3&0(&#4"0&)(&'7-+&;(&;+54"*3&.51-&'0.,+&).',(-(3&#'&7%%"080+*+*.,1-&0(&
/+&;,(F%"*&5%2#',('&-.,3&"(#1".)#1*+&!"#+&0(&')*,.".5%%&/.2*,%8 /%'6+&'&*.*&#(&*,+%(2*(&;(&)1;,'7'6'&*(,()*,+3&0'*.,%*+&;,()1;1)(%&#+-01,%&2%&-15%"%&).)%*(&0(&-'&).',(8
K+&%'1&0(&(L(5;-1&).',(-(&".)*,18&I)*,1-&0(&#',(&0(;%"0(&?-.@1-&".)*,1&;+54"*()#&7'#(&1"&0,15& R"&(L;1"(,('&;,(#(0("*+&);1"('5&#+&!"&=1,1-&).',(-1%&)(&'7-+&.&'*5.)7(,+&7.,5'*+&0%"*,:.&-1"?+&
%0('-3&;,%"*,(&)*(-(&2%&#.")*(-'6%%3&;4"+&!"&#("*,1-&)7(,(%&1"%/(,)1-1%3&%',&0(&'%#%3&0(&-'&#("*,13&!"#(;(&1"& )(,%(&0(&(-(5("*(&#$%5%#(3&!"&)*',(&0(&/';.,%&5(*'-%#%8&P.'*(&'#()*(&(-(5("*(&#$%5%#(3&'-(&'*5.)7(,(%&
'-&0.%-('&0,153&#+*,(&;(,%7(,%'&1"%/(,)1-1%3&2%&'2'&)(&#."*%"1+&5(,(18&C,151-&).',(-1%&()*(&(-%;*%#3& ).-',(3&)1"*&!"&)*',(&-%@(,+3&0(.',(#(&*(5;(,'*1,'&-.,&!"#+&"1&;(,5%*(&#.5@%"'6%%&!"*,(&(-(8
%0("*%#&#1&0,151-&7+#1*&0(&*.'*(&)*(-(-(3&*.6%&).,%%8&K7(,'&".')*,+&1"%/(,)&)(&;.'*(&')(5+"'&#1&.&,.'*+& 9(&#4"0&/';.,%%&0(&';+&#(&)(&,%0%#+&0(&;(&)1;,'7'6'&;+54"*1-1%&"1&'*%"?&0(#4*&#(-&51-*&0.1+&F(#%&
#1&51-*(&);%6(8&C(&-'&#("*,1-&1"%/(,)1-1%&;.,"()#&"15(,.')(&.,@%*(&(-%;*%#(&#+*,(&;(,%7(,%(3&')(5("('& 0(&]%-.5(*,%&!"+-6%5(3&/';.,%%&5(*'-%#%&0(&;(&)1;,'7'6'&?-.@1-1%&).-',&'=1"?&-'&!"+-6%5%&0(&*,(%&)1*(&5%%&
1".,&);%6(&0(&,.'*+8&C',&;(&#4"0&,.'*'&0(&#+,16+&',(&1"&)%"?1,&;-'"3&)7(,'&)'1&,.'*'&1"%/(,)1-1%&".)*,1& 0(&]%-.5(*,%3&0%)*'"6+&';,.L%5'*%/&(?'-+&#1&#('&0%"*,(&)1;,'7'6'&;+54"*1-1%&2%&#('&)(-("',+8
',(&5%-%',0(&0(&;-'"1,%&0(&);%6(8&S-(&)1"*&#'&"("15+,'*(-(&,'F(&'-(&1"(%&)7(,(8 K,%#(&#2,4/&7',(&)'1&7%#/&#2".%"(&!"&7')'&)'&(8(#*,%#%*'*(&5(&521+&;(81,%j&42M%*%0+&3%&"(-'*%0+9
G'&#("*,1-&1"%/(,)1-1%&()*(&/%'6+3&#+*,(&;(,%7(,%(&:&5.',*(8&H4*&*%5;&')*,1-&()*(&*4"+,&)'1&;-%"&0(& SL%)*+&#.,;1,%&!"#+,#'*(&5'%&51-*&#1&(-(#*,%#%*'*(&;.F%*%/+&2%&'-*(-(&:&#1&(-(#*,%#%*'*(&"(?'*%/+8&
/%?.',(3&/'&#+-+*.,%&5(,(13&0(&-'&#("*,1&-'&;(,%7(,%(&2%&0(&-'&;(,%7(,%(&-'&#("*,18&H4"0&/'&).)%&1-*%51-& U'*(,%'&7-1%0%#+&'&1"%/(,)1-1%3&!"&#',(&!".'*+&5%-%',0(&0(&).,%&2%&;-'"(*(3&()*(&5'%&51-*&;.F%*%/+8&K.,%%&
*(,5("&'-&(L%)*("6(%&)'-(3&'=1"?4"0&-'&;(,%7(,%(3&5'*(,%'&')*,1-1%&)#';+&0(&)1@&'*,'#6%'&)7(,(%:1"%/(,)& 2%&;-'"(*(-(&'1&!"&5')'&-.,&5'%&51-*+&(-(#*,%#%*'*(&"(?'*%/+8&C%"&5')'&).',(-1%&)(&,%0%#+3&0(&=1,:
2%&#'0(&!"&);'6%1-&0%"*,(&#(-(&;'*,1&)7(,(:1"%/(,)3&%"*(,)7(,'&#.)5%#+8 !5;,(=1,1-&)+13&/';.,%&5(*'-%#%&!"#+,#'6%&#1&(-(#*,%#%*'*(&"(?'*%/+8&I=1"2%&!"&;+,*%-(&)1;(,%.',(3&-'&
SL%)*+&.&5',(&'"'-.?%(&!"*,(&.5&2%&).',(8&H4*&*%5;&.51-&*,1;()#&()*(&/%13&*,1;1-&)+1&',(&#+-01,+3& 5',%&0%)*'"6(&0(& )1;,'7'6'&).-',+3&0%"&#'1F'&%"7-1("6(%&7-1%01-1%&1"%/(,)%#&!"&#',(&!".'*+&).',(-(3&
;("*,1&#+&;,.#()(-(&;,.01)(&!"&%"*(,%.,1-&#.,;1-1%&)'1&/%*'-&!%&71,"%F('F+&5(,(1&#+-01,+8&H4"0&.51-& !"#(*1-&#1&!"#(*1-&/';.,%%&5(*'-%#%&)(&0()#',#+&0(&(-(#*,%#%*'*('&"(?'*%/+&2%&)(&!"#',#+&#1&(-(#*,%#%*'*('&
5.',(3&*,1;1-&)+1&)(&,+#(2*(3&;("*,1&#+&'&;-(#'*&0%"&(-&#.,;1-&/%*'-3&;,.01#+*.,1-&0(&#+-01,+8 ;.F%*%/+ & ' & 7-1%01-1% & 1"%/(,)%#8 & G' & 1" & 5.5("* & 0'*3 & /';.,%% & 0( & )1) & )1"* & ;.F%*%/%3 & %', & /';.,%% & 0%"&
H1&).',(-(&)(&;(*,(#(&'#(-'2%&-1#,18&H4*&*%5;&()*(&/%13&(-&;,.01#(&#+-01,+&!"&5')'&)'8&H4"0&!2%& ';,.;%(,('&)1;,'7(6(%&?-.@1-1%&).-',&)1"*&"(?'*%/%8&I*1"#%&)(&;,.01#&1,%'2(&0()#+,#+,%&(-(#*,%#(&!"*,(&
*(,5%"+&#%#-1-&(L%)*("6(%3&)(&/'&,+#%3&/'&!"?$(6'3&;("*,1&#+&2%:'&;%(,01*&5'?"(*%)51-3&7-1%01-&!"*,(6%"+*.,& ".,%%&)1;(,%.,%&2%&#(%&%"7(,%.,%3&.&;-.'%(&0(&71-?(,(&#+F4"0&#+*,(&)1;,'7'6'&?-.@1-1%&).-',8&I#(')*+&
0(&/%'6+&2%&5%2#',(8&I=1")&!"&)*'0%1-&'#()*'3&).',(-(&"1&)(&/'&5'%&;1*('&!"*.',#(&!"&#("*,1-&)7(,(%& ;-.'%(&()*(&;(,5'"("*+3&#+#%&5(,(1&)(&,%0%#+&".,%&2%&;,.#()1-&!2%&1,5('F+&"(#."*("%*&#1,)1-8&o1-?(,',('&
1"%/(,)1-1%8&!"?(,%%&"(&);1"&#+&2%&).',(-(&".)*,1&/'&'=1"?(&.0'*+&)+&)(&).-%0%7%#(3&0(/("%"0&.&;-'"(*+& #(&#."*%"1+&0(&5%-%',0(&0(&'"%3&5("6%"(&-%#$%0+&2%&7%(,@%"*(&5'*(,%'&5(*'-%#+&'&).',(-1%8
')(5+"+*.',(&;+54"*1-1%8&I=1")&!"&7'F'&'#(')*'3&/.,&';',(&;(&(-&.'5("%3&0(&.&7.,5+&2%&#.")*%*16%(& R"&5.5("*1-&0(&7'6+3&):'&,('-%F'*&!"&).',(&1"&7(-&0(&;(,;(*115&5.@%-(8&a,%#4*&0(&"15(,.')(&2%&
0%7(,%*+&0(&#('&'&".')*,+&'#*1'-+8&C1,'*'&(L%)*("6(%&-.,3&#.5;','*%/&#1&'&".')*,+3&/'&7%&7.',*(&)#1,*+8 )*,+-1#%*.',(&',&7%&'#()*(&71-?(,+,%&1,%'2(3&-15%"'&-.,&"1&'=1"?(&;4"+&-'&;+54"*1-&".)*,18&I2'0',&"%#%&
9-'"(*'&K.',(&/'&*,+%&#4*&/'&*,+%3&2%&#4"0&/'&).)%&1-*%51-&)+1&*(,5("3&)(&/'&,+#%3&/'&!"?$(6'3& #+-01,'&.#('"1-1%&0(&5'*(,%(&*.;%*+3&"%#%&-15%"'&71-?(,(-.,&%"7%"%*(&#(&@,+F0('F+&)(#1"0+&0(&)(#1"0+&
0(/("%"0&.&?$('6+&-%#$%0+8&!"&'#(')*+&)*',(&/'&%(2%&0%"&1"%/(,)3&'-(,?4"0&;,%"&);'6%%-(&#.)5%#(3&);,(& '*5.)7(,'&5(*'-%#+&'&).',(-1%3&"1&-15%"('F+&2%&"1&!"#+-F(2*(&)1;,'7'6'&;+54"*1-1%&".)*,18
K7(,'&#("*,'-+8&!"&0,151-&)+13&-%#$%01-:?$('6+&)(&/'&;1-/(,%F'3&2%&';.%&!"&';,.;%(,('&7-1%01-1%&K7(,(%& J.%3&01$1,%-(3&*,+%5&!"&);'6%1&2%&)1"*(5&7.',*(&)(")%@%-(3&0',&"1&)%56%5&"%#%&.&#+-01,+&#'&/("%"0&Ö (&
#("*,'-(3&)(&/'&7-1%0%F'&2%&;1-@(,('&)'8&R"%6%'-&7-1%01-&):'&7+#1*&?'F3&?'F1-&:&-%#$%03&%',&-%#$%01-&'& -'&).',(3&#%&)%56%5&#1&*.*1-&'-*#(/'A&1"0(-(&)'-(&(-(#*,.:5'?"(*%#(8
0(/("%*&).-%08&H4"0&,.'*'&)(&!"*.',#(3&).-%01-&/'&0'&"'2*(,(&-%#$%01-1%3&-%#$%01-&:&?'F1-1%3&%',&?'F1-&/'&
0(/("%&7-1%08
?271"%#+,%&5%"&?(, VYW
VYV >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&:&F&521'&#',*(
C%"&U'5',&):'1&"+)#1*&)*(-(3&1"%/(,)1,%3&#.)5.)1-&!"*,(?8&S-&"'2*(&7+,+&1"&,';.,*&)(L1'-3&!"&)(")&
K7(,'&0%/%"+ 15'"8&P'*+-&#("*,'-&#."#(;(&;,%"&%"*(,5(0%1-1%&U'5',1-1%3&;,.01#4"01:)(&!"*,(&(%&1"&)#$%5@&0(&
(-(5("*(&7-1%0%#(8&C%"&P'*+-&;-('#+&7-1%0(&#+*,(&U'5',3&%',&U'5',1-&0+&P'*+-1%&'-*(&7-1%0(3&;,%"&
%"*(,5(0%1-&c();%,'*.,1-1%8&C%"&71F%."',('&-.,&)(&"')#&01$1,%-(8&9,%"&)%*1'6%'&)'&U'5',1-&#.,();1"0(&
I5&',+*'*&#+&).',(-(&".)*,1&()*(&.&1,%'2+&1F%"+&0(&("(,?%(&(-(#*,.:5'?"(*%#+3&1"&%F/.,&;1*(,"%#& 1"(%&/%,?%"(&;(,;(*1(3&#',(&*.*12%&"'2*(3&;,.01#4"0&0%"&/(2"%#%(&5'*(,%%-(&2%&01$1,%-(&*1*1,.,&-15%-.,8&
0(&(-(#*,%#%*'*(&#',(&!"*,(6%"(&/%'6'&0(&;,(*1*%"0("%3&0%"&)%)*(51-&)+18&a&1F%"+&5'%&5',(&0(&(-(#*,%#%*'*(& R5'?%"(' & '#*1-1% & ;,.01) & !" & H("*,1- & #,('*., & ()*( & *,'01) & !" & -15(' & *,1;(')#+ & /(?(*'-+3 & '"%5'-+ & 2%&
()*(&K7(,'&0%/%"+8&N,'6%(&#'"*%*+6%-.,&%5(")(&0(&(-(#*,%#%*'*(&0%"&K7(,'&0%/%"+3&)(&;.*&!"7+;*1%&*.'*(& 15'"+3&;,%"& !5;,(1"',('&'& 0.%& %"0%/%F%& 0(&)(L& 0%7(,%*3&;("*,1&':2%& 1"%& (-(5("*(-(& #,('*.',(3& 0%"&
#,('6%%-(8&C(&')(5("('3&'5&',+*'*&#+&'#(')*+&#.-.)'-+&K7(,+&#("*,'-+&;'-;%*+&5(,(13&)(&0%-'*+&2%&)(& 71F%."',('&#+,.,'&)(&"'2*(&.1-3&;1"#*1-&0(&;-(#',(&'-&".%%&7%%"6(8
#."*,'#*+3&%");%,+&2%&(L;%,+8&H4"0&)(&0%-'*+3&%");%,+Q&#4"0&)(&#."*,'#*+3&(L;%,+8&H4"0&(L;%,+3&(-%5%"+& 9,%"&1,5',(3&7(".5("(-(&2%&'#*%/%*+6%-(&-15%%&#,('*(&)1"*&.&,(;,.01#(,(&?,.).-'"+3&;.*,%/%*&5'*(,%(%&
7-1%0(&#(&/.,&7.,5'&-15%&)'1&/.,&$,+"%&;(&#(-(&(L%)*("*(8&H4"0&%");%,+3&#$('5+&-'&K%"(3&0%"&#(-(&;'*,1& 0(&'%#%3&'&7(".5("(-.,&*'%"%#(&0%"&K7(,'&0%/%"+8
1"%/(,)1,%3&5'*(,%%-(&7-1%0%#(&:&#',(&'1&)(,/%*&2%&$,+"%*&1"%/(,)1,%-(&:&;("*,1&'&-(&*,'")7.,5'&0%"&".18& K7(,'&0(&-'&#("*,1-&K7(,(%&0%/%"(&()*(&H';1-&0(&C15"(F(1&)'1&P'*+-3&?4"0%*.,1-3&/(2"%#&(5%6+*.,&0(&
N,'6%(&'#()*.,&,%*51,%3&H,('*.,%%&#("*,'-%&'1&;.)%@%-%*'*('&)+&#,((F(&5(,(1&5'*(,%%&".%&;("*,1&".%-(& %0(%8&R0(%-(&7%%"0&(5%)(&!"&'7','&G1%3&;,./.'#+&'#*%/%*'*('&,();%,'*.,%(&'&9(#*.,'-1-1%3&#("*1,'&H';1-1%&
-15%&2%&)+&,(;',(&2%&*,'")7.,5(&5'*(,%'&1F'*+3&-'&#',(&)(&'0'1?+&5'*(,%'&".1&;,(?+*%*+&#1&;',*%#1-(& 0(&C15"(F(18&C',&0%-'*',('&2%&#."*,'#*',('&9(#*.,'-1-1%&0(*(,5%"+&1"&)#$%5@&0(&(-(#*,%#%*'*( &0%"*,(&
'@).,@%*(&0%"&$'.)&)'1&R"7%"%*3&;("*,1&'&-(&*,%5%*(&';.%&!"&-15%-(&#,('*(8 P'*+&2%&K7(,'&;(,%7(,%#+&)'1&U'5',8&N,'6%(&'#()*(%&7.,6(&1,%'2(&(-(#*,%#(3&H,('*.,%%&0%/%"%&0%"&)4"1-&
K7(,'&0%/%"+<&)(&#.5;1"(&0%"&*,(%&)7(,(&#."#("*,%#(3&!"/(-%"0&1"'&;(&'-*'8&G'&#("*,1&(L%)*+&.&K7(,+& U'5',1-1% & 7(#1"0('F+ & %0(%-( & 2% & )#4"*(%-(:01$1,% & ).)%*( & 0%" & H';1- & -1% & C15"(F(13 & !" & U'5',8 &!"&
#+,(%'&;("*,1&!"-()"%,('&)*10%1-1%&%:'5&F%) &?'4&5(&>17"(M(1 &)'1 &d'*+9 &C(&=1,:!5;,(=1,1-&'#()*(%& '")'5@-1-&(%3&K7(,'&0%/%"+&()*(&.&1F%"+&1"0(&)(&?4"0(2*(&2%&#.")*,1%(2*(8&P'*+-&#("*,'-&?4"0(2*(3&(5%*(&
K7(,(&#("*,'-(&)(& '7-+&K7(,'&"15%*+ &d2,'#(/& C(#*2,'8 &)'1 &H()4%,'*2,/ &;-%"+&#1&.&5'*(,%(& 7-1%0%#+& %0(%&#',(3&?,'6%(&c();%,'*.,1-1%&'=1"?&!"&U'5',8&I%#%&H,('*.,%%3&o%%&0(&C15"(F(1&-(&;,(-1#,('F+3 &2%&
0%7(,%*+& 0(&#('& 0%"*4%8&!"&7%"(3&!"/(-%"0&;(&'54"0.1+3&)(&'7-+&'& *,(%'&K7(,+&2%&5'%& 5',(3&"15%*+& #4"0&*.*1-&(&?'*'3&-(&*,%5%*&#+*,(&;(,%7(,%'&U'5',1-1%3&0(&1"0(&5'%&*4,F%1&)1"*&(L;1-F'*(&!"&#.)5.)8&
FA527("/ & J'7', &)'1 &S+)#+*2,/ &#."6%"4"0 & ;( & -4"?+ & 7-1%0(-( & 0%7(,%*( & 0( & #(-(-'-*( & 0.1+ & K7(,( & 2%& U'5',1- & (L(#1*+ & . & 5%2#',( & 0( & ,.*'6%( & !"=1,'% & 'L(% & )'-( & !"#$%;1%*(8 & c();%,'*.,1- & (L(#1*+ & 2% & (- & .&
5%-%.'"(&0(&5',%&H,('*.,%&0(&-15%&2%&01$1,%8 5%2#',(&0(&,.*'6%(3&0',&0(&)(")&#."*,',&K7(,(%&;(,%7(,%#(8&K7(,'&#("*,'-+3&P'*+-3&)*+&;(&-.#8&H("*,1-&
C%"&K7(,'&#("*,'-+3&P'*+3&;.,"()#&*.'*(&%0(%-(&#.")*,1#*.',(&'-(&-15%-.,8&!")+&'#()*(e&%0(%&":',& #("*,1-1%&-15%%&#,('*(3&1"0(&"15'%&)(&?4"0(2*(3&*,(@1%(&)+&)*('&;(&-.#3&!"*,:.&-%"%2*(&(*(,"+8
;1*('&7%&;1)(&!"&-1#,13&!"&'#*%/%*'*(3&0'#+&":',&(L%)*'&5%2#',('&,();%,'*.,%(&'&9(#*.,'-1-1%8&!"&U'5',& R0(('&"+)#1*+&!"&H';1-&0(&C15"(F(1&()*(&'*,')+&0(&c();%,'*.,3&1"0(&)17(,+&.&5%2#',(&#%,#1-',+&
(L%)*+&o.,6(-(&)'1&H,('*.,%%3&0(&.&(/.-16%(&"(?,+%*&0(&!"'-*+3&#',(&#,(('F+&01;+&%"0%#'6%%-(&P'*+-1%& ;,./.#'*+ & 0( & 7-1%01- & !"*4-"%* & '#.-.8 &I;.%3 & ;1,*'*+ & ;4"+ & -' & 5',?%"(' & K7(,(%:c();%,'*.,3 & %0((' & ()*(&
#("*,'-8&I#()*(&o.,6(&#,('*.',(&)1"*&7(#1"0'*.,%%&'&*.*&#(&(L%)*+&!"&%"*(,%.,1-&U'5',1-1%3&K7(,':U'5+3& ',1"#'*+&!"&U'5',8&9(&#4"0&!"&H';3&%0(('&(,'&;1,&'@)*,'#*+&2%&%5.@%-+3&!"&c();%,'*.,&('&0(/%"(&.&7.,6+&
"15(&%5;,.;,%13&0',&#.,(#*&;,%"&'"'-.?%(&#1&5'5'3&7(5(%':.5&0(&;(&;+54"*8&C',&;(&#4"0&7(5(%':.5& '#*%/+&2%3&!"&7%"(3&).)%*+&!"&U'5',3&%0(('&0(/%"(&0%"&'@)*,'#*+&:&#."#,(*+3&#+#%&()*(&!"/(-%*+&!"*,:.&
()*(&7(#1"0'*+&0%"&(L*(,%.,3&!"& U'5',&7(#1"0',('&()*(&%"*(,"+3&5'*(,%'& (%&%"*(,%.',+&7%%"0&5(,(1& 5'*(,%(&7-1%0%#+&7%"+8&R0(('&).)%*+&!"&U'5',&()*(&-1'*+&!"&;,%5%,(3&01;+&7(-1-&(%3&0(&'"15%6%&C%/%"%&0(&
7(#1"0'*+3 & !"& /(0(,(' & #,(+,%% & ".%-., & 5'*(,%% & 2% & );%,%*( & 0( & #+*,( & H,('*.,%% & 0%/%"% & 0( & '#.-.8 &I2'0',& '#.-.3&#',(&.&#%*()#3&!%&!"6(-(?&#."6%"1*1-&2%&.&;,(?+*()#&;("*,1&'&;1*('&7%&*,%5%)+&!"&-15('&#,('6%%-.,3&#'&
U'5',1-&#."#(;(&!"&%"*(,%.,1-&)+13&;,%"&C1$1-&#,('*.,&0%/%"8 .,0%"(8&I#(-'2%&;,.#(0(1&)(&1,5('F+&2%&#1&)#4"*(%-(&0%/%"(3&#(&/.,&'"%5'&7%%"6(-(&0%"&-15%-(&#,('*(8&
C%"&H';1-&0(&C15"(F(1&;.,"()#&)#4"*(%-(&0%/%"(8&!"&9(#*.,'-&)(&!5@,'#+&#1&.&#'"*%*'*(&5%#+&0(&7-1%0&
,();%,'*.,&2%3&!"&7%"(3&)1"*&0()+/4,2%*(&!"&U'5',3&0(&'"15%6%&H,('*.,%3&01;+&7(-1-&2%&,.-1-&=1#'*&0(&
<
'#()*( & )#4"*(% & )'1 & 01$1,% & !" & -15%-( & #,('*(8 & C%" & U'5' & /(2"%# & 7(#%.',+3 & 01$1,%-( & )1,%* & *,%5%)( & !"&
&K7(,'&0%/%"+&)'1&G'@.,'*.,1-&()*(&.&%"#.5(")1,'@%-+&I).#%'6%(&0(&5',%&I,$%*(#6%&2%&H,('*.,%&0%/%"%3&"15%6%&&&Ce7%eK&&&S-.$%5 1"%/(,)1,%8
!"&H'@'-'&)'1&*,'0%6%'&5%)*%#+&(@,'%#+8
K7(,'&0%/%"+&()*(&.,?'"%F'*+&!"&*,(%&)7(,(&#."#("*,%#(3&#1&#','#*(,%)*%#%&2%&71"#6%%&0%7(,%*(8&H';1-3&P+*',1-3&()*(&/(2"%#1-&(5%6+*.,&0(& 9,%5%% &;+,%"6%% & '%& @%)(,%#%%& #,(2*%"( & '1& 0'*& #."#(;6%(% & 15'".:5'*(,%'-%)*+ & .& (L;-%#'6%(& 0%/%".:
%0(%3&'7-4"01:)(&!"*,:.&-%"%2*(&(*(,"+8&P.,'#(-(3&o%1-',1-3&)(&,.*(2*(&!"&=1,1-&H';1-1%3&!"&)(")&-(/.?%,3&(7(#*14"0&*.*.0'*+&.&5%2#',(&0(& );%,%*1'-%)*+3&%"*(,;,(*4"0&#+&5'5'&15'"+&'&C.5"1-1%3&"+)#+*.',(& 0(&.53&'&#."#(;1*&!"& )(")1-&
(L;'")%1"(&2%&#."*,'#6%(8&I@0.5("1-3&U'5',1-3&(L(#1*+&.&5%2#',(&0(&,.*'6%(&!"&=1,1-&P.,'#(-1%&2%&!"&)(")&%"/(,)&#1&S-8 U'5',1-1%&0%"&K7(,'&0%/%"+8
3&!"&-%"%%&5',%3&K7(,'&0%/%"+&)(&;.'*(&#.5;','&#1&*,1;1-&15'"8&H'&2%&K7(,'&0%/%"+3&.51-&',(&*,(%&;+,6%A&
1"&#';&?4"0%*.,3&1"&;%(;*&,();%,'*.,&2%&1"&;4"*(#(&;,.01#+*.,&)'1&"+)#+*.,8&H(-(&;'*,1&5(5@,(&'-(&
.51-1%&#.,();1"0&#(-.,&;'*,1&1"%/(,)1,%&'2(F'*(&!"&=1,1-&K7(,(%&0%/%"(8
J.%&)(5+"+5&#."*%"113&0',&"(&!"*,(@+5A&a',(&01;+&)(5+"'*1-&".)*,1&/'&/("%&#%"(/'&)+&)(#(,(3&
)+ & '01"( & 2% & )+ & $,+"(')#+ & #1 & ,.01- & ".)*,1 & ;( & #(% & 7-+54"F%D & J.% & )(5+"+53 & 0', & 0'#+ & *1 & !"#$%F%&
)(5+"+*1,'&".')*,+&!"&'#()*(&$4,*%%3&"1&/(0(5&7.-.)1-&#.51"%#+,%-.,8&J(&)*,+01%5&0(&'*4*'&'5',&0(&
/,(5(&)+:6%&0+5&.&)(,%(&0(&'0(/+,1,%3&0',&0'#+&*1&"1&-(&)%"*(*%F(F%&#'&)+&0'%&0%"&(-(&7,'6%-.,&*+%3&
!")('5"+&#+&'5&51"#%*&!"&F'0',8&J.%&6%&-(:'5&0'*&,+F-(6(&2%&1"(.,%&7+,+&-(?+*1,+&1"'&#1&'-*'3&0',&'5&
'/1*&5(,(1&!"&/(0(,(&;,.?,()%/%*'*('8&I#(')*+&5(*.0+&$(:'5&%5;1):.&;("*,1&1,5+*.,1-&5.*%/A&.51-&
*,1;()#&:&*1&)'1&.,%#',(&'-*1-&:&'/4"0&#."2*%%"6'&)*+,%%&0(&/(?$(3&0%"&*%5;1-&F%-(%3&):'&.@%2"1%*&#1&%0(%-(&
#1,("*( & '-( & 5(0%1-1% & /.)*,1 & '5@%'"*3 & '-( & ;+,%"6%-.,3 & #1".)#16%-., & 2% & #+,6%-., & #%*%*(8 &I2' & 7%%"0 & ".%&
);'6%'-%%3&*,(@1%(&)+&;,.#(0+5&#1&#('&5'%&5',(&@+?',(&0(&)('5+&#4"0&/,(5&)+&/+&)#$%5@+5&#,(0%"6'3&
;("*,1&'&/+&7'#(&'0(;6%&'%&%0(%-.,&".')*,(&#(,(2*%8&C%"&;,.71"0'&'"*%#$%*'*(3&%"%6%'6%%&'1&#+1*'*&)+:2%&7'#+&
'0(;6%8&o%(#',(&%"%6%'*&0%);',(&.0'*+3&0',&!"&-.#1-&)+1&,+54"&(-(/%%&)+%3&'0(;6%%&#',(:%&/.,&#."*%"1'&
.;(,'8&H4*+&?,%=+&'#.,0+5&!"&'&2*%&#4*&)+&0+5&2%&#15&)+:<&%")17-'5&;(&%"%6%'*1-&".)*,13&;("*,1&#'&
*'%"(-(&".')*,(&)+&"1&0(/%"+&.@%(#*&0(&@'*=.#1,+M
C1;+&'#(')*+&;','"*(F+&/.%&#."*%"1'&#1&.&;,.@-(5+&);%,%*1'-+8&P.'*(&,(-%?%%-(&;+54"*1-1%&)1"*&
7,15.')(8 & S-( & '1 & 7.)* & ;1,( & -' & !"*(5(%(,(' & -.,3 & 0', & ;( & ;',#1,)1- & *%5;1-1%3 & 0%" & '"15%*( & %"*(,()(3&
.'5("%%&-(:'1&'-*(,'*8&P,(;*'*3&#."#(;6%%-(&)(&0("'*1,('F+3&!"&*(L*(-(&)'#,(&)(&)*,(#.',+&%0(%&)*,+%"(3&
'2'&#+&01;+&'"%&2%&'"%3&,(-%?%'&.,%?%"'-+&0(/%"(&0(&"(,(#1".)#1*&!"&)#,%(,%-(&2%&#1-*1-&(%8&I2'0',3&#1&
/,(5('3&,(-%?%%-(3&#'&2%&-1#,1,%-(&2%&5'*(,%%-(&;+54"*1-1%3&)(&0("'*1,('F+3&!5@+*,4"()#&2%&/%"(&/,(5('&
)+&5.',+8
R0(%-(&(L;1)(&!"*,:.&#',*(&"1&5'%&#.,();1"0&%0(%-.,&-15%%&/('#1,%-.,&1-*(,%.',(8&H',*('&#(&#."6%"(&
m0(%&/(#$%&0(/%"(&.&;1,+&5'*(,%(&2%&-15('&"1&5'%&;1"(&*(5(%&;(&#(-(&)#,%)(&!"&('8&C%"&K74"*'
VYX >%"&*'%"(8(&0%(.%%&.%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"&?(,
VYY
K#,%;*1,+&#,(2*%"+&'1&7.)*&)#.')(&51-*(&;','?,'7(3&,4"01,%&2%&#1/%"*(8&R',&!"&'-*(&*%5;1,%&):'1&%"*,.01)& a51-&);'6%'-&()*(&1"&%")*,15("*&'-&C%/%"%*+6%%&#("*,'-(3&#',(&!-&;1"(&)1@&#."*,.-1-&N1/(,"'*.,1-1%&
#1/%"*(&2%&#';%*.-(&%"(L%)*("*(&%"%6%'-8&C%"&'#(')*+&#'1F+3&p%@-%'&'&0(/("%*&.&-1#,',(&#(&!"#+-F(2*(&2%& ).-',3&%',&'#()*'&!-&!"#,(0%"6('F+&N1/(,"'*.,1-1%&;-'"(*',8&I5&);1)&#+&01$1-:.5&"1&;.'*(&*,+%&%F.-'*3&
!"'-6+&;(&.51-&)%5;-13&#',(&#,(0(&;,%"&%"*1%6%(&!"&'0(/+,1,%-(&);1)(&'#.-.3&0',&;(&#(%&5'%&51-6%3&5'%& "1:2%&;.'*(&7'#(&(/.-16%'&)%"?1,'*%#3&#%&!"?-.@'*&!"*,:.&/')*+&').#%(,(3&#+,(%'&;("*,1&!"6(-(?(,(&)+:%&
'-()&;(&#(%&#1-6%3&"1:%&5'%&)'*%)7'#(8 F%#(5&4',*%5&)4%,%*1'89
K%*1'6%'&'#*1'-+&()*(&'*4*&0(&0%7%#%-+3&!"#4*&"(&()*(&';,.';(&%5;.)%@%-&)+&!"-+*1,+5&0%"&5("*'-1-& I2'&7%%"03&.51-&*,(@1%(&)+&7'#+&5'%&!"*4%&:&;("*,1&51-*+&/,(5(3&;(&1"'&)'1&;(&5'%&51-*(&;-'"(*(&:&
#-(,%#1-1% & ;,(=10(#+6%-( & #1 & #',( & ' & 7.)* & !5@%@'* & !" & )(5%"', & 2% & 5'% & ';.% & !" & 7'#1-*'*(8 & C.?5(-( & 2%& !"*,1;+,%3&;("*,1&(/.-16%'&)'&;(,)."'-+8&H4"03&;,%"&/,(0"%#%(3&'&*(,5%"'*&'#(')*+&2#.'-+&;-'"(*',+&
%"*(,()1-&!-&.;,(2*(&)+&%')+&0%"&.,0%"('&%5;1)+&0(&#."#(;6%%-(&0%7(,%*(-.,&(;.#%8&I2'&7%%"03&,(7.,5',('& ;("*,1&'/'")',('&)'3&/'&*,(#(&;,%"&!"*,1;+,%&;("*,1&'=1*.,',('&7,'6%-.,&)+%&5'%&5%#%3&'%&?,1;+,%%&)'1&
%0(%-.,&);%,%*1'-%)*(&"1&)(&5'%&;.'*(&7'#(&0(#4*&;,%"&5%,("%3&.'5("%&7+,+&;,(=10(#+6%&2%&#',(&"1&)1"*& ;',*%01-1%&)+1&);%,%*1'-8&C1;+&.&)(,%(&0(&')(5("('&!"*,1;+,%3&/'&7'#(&#4*(/'&!"*,1;+,%3&#'&1"&.5'?%1&
.@-%?'6%&)+&5+"4"#(&;4%"('&0(&;(&1,5'&#1-*1-1%&;,'#*%#'*&0(&)-1=%*.,8 '01)&)1;(,%.,%-.,&').#%'6%(%&)'-(8&K:',&;+,('&#+&')*7(-&)(&'#$%*+&0(&.,%#(&.@-%?'6%%3&2%&*.*12%&.,0%"('&
I0(/+,1-&(&/(2"%#3&1"1-&2%&'#(-'2%8&P.'*(&7%%"6(-(&9+54"*1-1%&'05%*&.&H'1F+&;,%5+3&1"&H,('*.,3& )*'@%-%*+&#(,(&#'&01$1-&)+&7'#+&.&)(,%(&0(&!"*,1;+,%&2%&;("*,1&N1/(,"'*.,1-&;-'"(*(%&)'-(8&H4"0&):'&
1"&C15"(F(18&I#()*&;,%"#%;%1&"1:<&;.'*(&,();%"?(&"%5("%3&!"&'7',+&0(&#(%&)-'@%&0(&5%"*(8&C',&!"& '#$%*'*&7'6+&0(&'#(')*+&)1@-%5+&G15%"+3&(-&)(&/'&!"*,1;'3&-'&'"15%*(&(;.#%3&;("*,1&'&;,.)-+/%&#'&.5&
'7',+&0(&'#()*&'0(/+,3&"%&):'&5'%&);1)&:&)1)3&-'&".%3&2%&=.)3&#4"0&'&7.)*&C.5"1-&;,%"*,(&.'5("%A&P'*+-& *,1;()#&;(&C%/%"1-&)+1&K.-',8&!"&7%"(3&/'&*,(@1%&)+&!5@,'#(&*,1;&;("*,1&;,('5+,%,('&1"%#1-1%&K*+;4"3&'&
#("*,'-&',(&;,(*1*%"0("%&5%-%',0(&0(&o%%3&7%(#',(&#."01#4"0&1"&)%)*(5&;-'"(*',Q&!"&K7(,'&#("*,'-+&)(& N1/(,"'*.,1-1%&-15%-.,&0(&;,(*1*%"0("%8
'7-+ & #(% & 5'% & 5',% & o%% & '% & T"%#1-1% & C15"(F(13 & H,('*.,%% & 0( & -15%3 & o%%"6( & 5'% & 5',% & !" & ?,'0 & 0(#4*& !"*,1;+,%-(&'1&7.)*&;(,)."'-(3&;("*,1&7,'6%%&)+%3&;("*,1&)1;(,%.,%%&;',*%01-1%&)+13&;("*,1&N1/(,"'*.,1-&
N1/(,"'*.,%%&).-',%8&I#()*(&S"*%*+6%&)1@-%5(3&o%%"6(&0(&%1@%,(3&;.',*+&0%7(,%*(&"15(&!"&*(L*(-(&)'#,(& ;-'"(*',3&;("*,1&N1/(,"'*.,1-&).-',&2%&;("*,1&N1/(,"'*.,1-&-15%-.,&0(&;,(*1*%"0("%8&[(F%3&0,'?+&7,'*(3&
@,'$5'"(3&%',&!"&H'@'-'3&2%&#+,6%-(&5%)*%#%%&(@,'%#(3&)1"*&"15%*(&@(;%,2*O9 -'&#(&2#.'-+&'5',"%#+&()*(&)1;1)&@%(*1-&01$D
H4"0&1"&01$&'&'=1")&)+&)(&'#$%*(&0(&'#()*(&2')(&#'*(?.,%%&0(&!"*,1;+,%3&%&)(&;.'*(&);1"(&#1&
C'#+ & /(% & /.,@% & 1"1% & *(.-.? & #,(2*%" & "1& /' & 2*% & )+:6% & ,+);1"0+ & "%5%# & 0();,( & '#()*( & #1".2*%"6(3& '0(/+,'*&;(,%#%*18&;(,%#%.%82,9
"(!"*4-"%*(&!"&#+,6%-(&)'-(&0(&*(.-.?%(8&9(&#4"0&@,'$5'"1-3&@10$%)*1-&)'1&,'@%"1-3&0'#+&)(&/.,&!"#,(0%"6'& K+&"1&*(&54"0,(2*%3&7,'*(3&0',&*1&:&!5;,(1"+&#1&5%"(&2%&'-6%%&:&'%&*,+%*&!"&*,1;3&;(&#4"0&N1/(,"'*.,1-&
#+&'1&0(:'&7'#(&#1&1"&%"%6%'*3&!6%&/.,&,+);1"0(A&BI0(/+,&?,+%(2*%3&#+#%&H(,1,%-(&#4"*+&N-.,%'&1"%#1-1%& ".)*,1&).-',&'&7.)*&;(&;+54"*&#'&.58&H1&*.6%%&'5&).,@%*&!"6(-(;#%1"('&/.,@(-.,&K'-(3&#1&*.6%%&G:'5&
C15"(F(1&:&@%"(#1/4"*'*&7%(&"15(-(&K+18&!"&#.)5.)&(L%)*+&.&%"7%"%*'*(&0(&*,(;*(&%(,',$%#(3&5%%&0(& )(,/%*&2%&#1&*.6%%3&#'&.'5("%&*,1;(2*%&2%&';.%&#'&01$1,%&);'6%'-(3&'5&!"+-6'*&.)'"'-(&H(-1%&#(&)*,+-1#(2*(&
,'"?1,%&!"?(,(2*%&2%&5%%&0(&*,(;*(&0(&1,#'*&;("*,1&o%%%&0(&C15"(F(18&!"?(,%%&)(&!"*,1;('F+&@("(/.-&)'1& !"&-15%"'&1"(%&(/.-16%%&#(&)(&;%(,0(&!"&".';*('&/(2"%#%(%8&C(&'#15&"(&)%-%5&)+&)1?(,+5&2%&)7+*1%5&;(&
!"&1,5'&1"(%&5%)%1"%&);(#%'-(3&%',&o%%%&0(&C15"(F(1&)(&!"*,1;('F+&.@-%?'*.,%13&;("*,1&)*%51-',('& 7,'6%%&".2*,%3&)+&"1:2%&5'%&!"*4,F%(&5(,)1-&(/.-16%(%3&;("*,1&'&;1*('&;-(#'&#1&1"&#(')&5'%&0(/,(5(&0(&
(/.-16%(%3&,4"0&;(&,4"03&2%&0(&51-*(&.,%3&;(&7%(#',(&;-'"(*+&'&!5;+,+6%(%&)%)*(51-1%&-.,&).-',8E ;(&'#(')*+&;-'"(*+&;(&.&'-*'&)1;(,%.',+8&S)*(&?,('&/%'6'&*,1;(')#+&;(&'#()*&?-.@&'-&)%)*(51-1%&".)*,13&
0',&)+&)-+/%5&;(&C.5"1-&#+&'5&'=1")&2%&'%#%3&;("*,1&#+&(L%)*+&;-'"(*(3&#$%',&!"&'#()*&)%)*(53&#1&51-*&
%"7(,%.',(&9+54"*1-1%3&1"0(&.51-&)(&;.'*(&).#.*%&#'&7%%"0&!"&%'08
C1$1-&15'"&*,(#(&;,%"&5'%&51-*(&7(-1,%&0(&!"*,1;+,%
K7(,'&0%/%"+
HL,('&()*(&2#.'-'&);%,%*1-1%&!"&*,1;8&H4*&0(&-15%".)&2%&#."2*%("*&()*(&);%,%*1-&!"&);'6%1&2%&#4*&0(&
!"*1"(#'*&:&!"&;(2*(,'&0(&-1*&1"0(&()*(&)%-%*&)+&7'#+&2#.'-'&/%(6%%&5'*(,%(%&).-%0(M&o(,%#%,('&);%,%*1-1%&
!"*,1;'*&()*(&".';*('&#4"0&;.'*(&)+:2%&;+,+)(')#+&*,1;1-&2%&)+&*,+%')#+&5+#',&#4*(/'&#(')1,%&!"&-15%"'& R/(/%"&-'&)1@%(#*1-&'*4*&0(&0.,%*&0(&*%"(A&K7(,'&#("*,'-+&)'1&0%/%"+3&2%&0()#,%(,('&(%&5'%&'5+"1"6%*+8&
2%&7((,%'&5'*(,%%-.,&(*(,%#(8 R"#.5(")1,'@%-'&TF%"+&0(&7.,6(&#,('*.',(3&"15%*+&;("*,1&1,5+,%,('&)1@%(#*1-1%&#1&*(,5("1-&0(&
K*'%&-4"?+&*,1;1-&*+1&2%&;,%/%"01:<&/(F%&#15&'"&0(&'"&)(&,1%"('F+8&S&.&#',#(,+3&2%&*.*12%&6%:(&5%-+& C15"(F(13&'5&);1)&#+&(&.&)7(,+&5'%&5',(&0(#4*&.,%#',(&0%"&#(-(&;'*,1&1"%/(,)1,%8&T"&*(,5("&#.,(#*&
0( & (-3 & ;("*,1 &#+ & (& .;(,' & *'Q & *1 & -:'% & !"/(-%*3 &$,+"%* &2% &';+,'*8 &P(:'% & -(?'* & 0( &(- & )17-(*(2*(3 & 0(2% &*(& ;("*,1&'#(')*+&TF%"+&',&7%&K7(,'&#("*,'-+3&K7(,'&0%/%"+&)'1&K7(,':G'@.,'*.,&'&*1*1,.,&#,('6%%-.,8
#$%"1%(2*%&!"&(-3&0%"&#'1F'&01,%*+6%%&)'-(8 K7(,'&0%/%"+&()*(&7.,5'*+&0%"*,:1"&(*(,&0(&.&#.5;.F%6%(&0%7(,%*+&0(&(*(,1-&0%"&)7(,(-(:1"%/(,)1,%3&
K1"*&7(,%#%*&#+&;,%"&*%"(&;.*&'2*(,"(&;(&$4,*%(3&'#()*(&%0(%&'-(&5(-(3&#%*%*(&0(&1"%%&)'1&'-6%%8&I&*,(#1*& )'1&7-1%0(-(&0%"&=1,1-&')*,(-.,&2%&;-'"(*(-.,8&9',*%#1-(-(&(*(,1-1%&0%"&K7(,'&0%/%"+&)1"*&-%@(,(3&%',&"1&
#.5@%"'*(3&#'&!"&-15%-(&#,('*(8&R"&'7',+&0(&'#()*&(*(,&:&5'%&(L'#*3&)1;,'(*(,&:&!"&K7(,':G'@.,'*.,&)(&
51-*&*%5;&0(&#4"0&'5&'/1*&2%&(1&1"&*,1;&')(5+"+*.,&#1&'-&*+18&J1:6%&);1"&#4*&*%5;&'&*,(#1*&0(&'*1"#%3& '7-+&S"*%*+6%&)1@-%5(3&C1$1,%-(&0()+/4,2%*(&'-(&#.)5.)1-1%8
#'&)+&"1&*(&!"*,%)*(F3&0',&)1"*&54"0,1&#+&'5&'/1*&/.%"6+&;1*(,"%#+&2%&"%5%#1,%-(&/%(6%%&;+54"*(2*%&"1& S"*%*'*('&);%,%*1'-+&#';'@%-+&)+&'=1"?+&-'&5',?%"('&1"1%&1"%/(,)&/'&/(0('&K7(,'&0%/%"+&'2(F'*+&!"&
5:'1&'5+?%*3&2%&')*7(-&"1&5:'5&'@+*1*&0(&-'&-(?%-(&5.,'-(&!")#,%)(&!"&!"*,(?1-&1"%/(,)8&I#15&"1&5'%& #("*,1-&-15%-.,&#,('*(3&'&)7(,(%&#,('*(8&C(&'%#%3&/'&.@)(,/'&#+&K7(,'&0%/%"+&)(&!"/4,*(2*(&%"&=1,1-&'L(%&
'5&"(/.%(&)+&7'#&!"*,1;+,%-(&#(,1*(&0(&2#.'-'&'#()*(%&;-'"(*(8 )'-(&!"#$%;1%*(8&I#(')*+&5%2#',(&0(&,.*'6%(&;,./.'#+&!"&=1,1-&)+1&1"&).,@8
R"&#."*%"1',(&'5&)+&0()#,%1&0%7(,%*(-(&!"*,1;+,%&7+#1*(&0(&);%,%*3&0%#*'*(&0(&'"15%*(&#(,%"6(8 K;1"('5&#1&'-*+&.#'F%(3&#+&K7(,'&0%/%"+&)(&#.5;1"(&0%"&*,(%&;+,6%A&H';3&P.,'#(&2%&I@0.5("8&C1$1,%-(&
#1&,'"?&0(&!"?(,3&#1&'"15%*(&!"/.%,%3&;.*&;-(#'&!"*,:'#.-.&2%&;.*&;+*,1"0(&!"&5')'&K7(,(%&0%/%"(3&
<
!"0,(;*4"01:)(&#+*,(&#("*,1-&S%3&#+*,(&P'*+-&".)*,1&#("*,'-8&R'*+&#15&0()#,%(&1"&!"?(,&).-',&K7(,':
&P(,5("1-&@(;%,2*&`(@,8&:&J15(,(-(b&/%"(&0(&-'&/(,@1-&(@,'%#&@';2,&:&'&).#.*%8&H."7.,5&#'@'-%2*%-.,3&#(-(&F(#(&K#7%,.-&,(;,(F%"*+& G'@.,'*.,A
#'"'-(-(&;,%"&#',(&#1,?(&(5'"'6%'&#,('*.',(3&/("%"0&0(&-'&MÜ<C&eK&:&S%":K.73&R"7%"%*8&S-(&#."6%"&7-1%0(&#',(&-(&;1"&!"&5%2#',(&2%&
#.51"%#',(&1"(-(&#1&'-*(-(3&%',&;,%"&#."0(")',('&-.,3&'#()*(&7-1%0(&)(&*,'")7.,5+&!"&(-(5("*(-(&5'*(,%'-(&#.")*%*1*%/(&'-(&#,('6%(%8&S%": BI5&).)%*&;(&)1;,'7'6'&(L*(,"+&'&K7(,(%&0%/%"(&2%&'5&!"#(;1*&)+&%"*,1&!"&5')'&S%8&C1;+&0%)*'"6(&
K.7& ()*( &%"7%"%*& 2%&0( & "(#1".)#1* &;("*,1 &.58& !"*,( & S%":K.7& 2%&)7(,'& #,('*+ & )( &%"*(,;1" & #(-( & F(#( & K(7%,.*3 &;,%" & #',( & S-8 & ' &#,('* &2%& 1,%'2(3&0(&5%-%',0(&0(&]%-.5(*,%3&'5&'=1")&-'&1"&-.#&1"0(&)(&*(,5%"+&(*(,1-&)*,+@+*1*3&2%&0(')1;,'&
?1/(,"('F+&1"%/(,)1,%-(8&H(-(&F(#(&K(7%,.*&#.,();1"0&'*,%@1*(-.,&5.,'-(3&0%/%"(3&#',(&-(&#."7(,+&"15(-(&2%&;(&#',(&.51-&()*(&#$(5'*&)+& #';1-1%&5(1&;+,('&#+&)(&!"*%"0(&1"&H(,&')(5("('&#(-1%&0(&0(')1;,'&;+54"*1-1%8&I=1")&!"&'#()*&-.#3&
2%&-(&!")12(')#+&;,%"&#."01%*'&)'&5.,'-+8&H(-(&F(#(&K(7%,.*&#.,();1"0&#(-.,&F(#(&H1/%"*(&;,%"&#',(&S%":K.7&'&#,('*&-15('&2%&#(-.,&F(#(&
H1/%"*(&;,%"&#',(&SR&):'&,(/(-'*&.51-1%8&K(7%,.*&,(;,(F%"*+&()("6'&C%/%"%*+6%%3&C(#'0'&;,%5.,0%'-+3&9,%"#%;%%-(&0%/%"(&(5'"'*(&0(&S%": '5&'/1*&%5;,()%'&#+&)1"*&!"&'04"#1-&1"(%&'-@%%3&'&1"(%&)#.%#%3&#+#%&)7(,'&1"0(&'5&;+*,1")&)(&,%0%#'&0(&
K.73&,+);4"0%"0&-15%"'&')(5("('&1".,&)'7%,(8&J15(-(&#(-.,&F(#(&K(7%,.*&)1"*A =1,1-:!5;,(=1,1-&5(13&);,(&#(-(&;'*,1&;1"#*(&#',0%"'-(8&I*1"#%&5%:'5&0'*&)('5'&#+&'5&%(2%*&0%"&
<8E<Ñ<X&t(*$(,&á&H.,.'"+&:&#'1F'&#'1F(-.,3&0%'0(5'3&#(('&#(&.#$%1-&"1&;.'*(&/(0('8&R"*(-%?("6'&(%&)(&"15(2*(&U(*'*,."Q 1"%/(,)1-&5(13&'5&)*,+@+*1*&%$*(,)7(,'&"15%*+&#.)5.)&2%&'5&'=1")&!"&K7(,'&0%/%"+8&I5&%"*,'*&!"&K7(,'&
V8"HV9R&H$.]$5'$&á&!"6(-(;#%1"(&:&?4"0%,('3&*(5(-%'&/%(6%%Q 0%/%"+3&;4"+&-'&7'6'&%"*(,"+&'&I@0.5("1-1%3&)'1&'&)7(,(%&"15%*+&U'5',8&I%#%&'5&#.")*'*'*&#+&(L%)*+&
X8[Udl&p%"'$&á&C%)#(,"+54"*&:&%"*(-%?("6'&%"%5%%3&!"6(-(?(,(Q
d8PCÑ<&H$())(0&á&N,'6%(&:&@1"+*'*(3&5%-+3&#.5;')%1"(Q 1"&);'6%13&1"&?.-3&15;-1*&#1&.&5'*(,%(&5'%&7%"+&0(#4*&#('&0%"&#',(&()*(&7.,5'*+&K7(,'&(L*(,%.',+3&2%&#+&
\8,5ex&N$(/1,'$&á&o.,6+&:&;1*(,(33&,%?.',(3&0,(;*'*(3&=1)*%6%(Q 0%"#.-.&0(&'#()*&);'6%1&!"#(;(&'&0.1'&K7(,+3&@.*(F'*+&P.,'#(&)'1&c();%,'*.,8
^85K7-"&P%7(,(*&á&N-.,%(&:&)-'/+Q C1;+&#(&'5&;,%/%*&;()*(&*.*3&.@)(,/&1"&#+-+*.,&')(5+"+*.,&#1&5%"(3&).)%*&!"'%"*('&5('&!"&U'5',8&
_8"KX&J(*F'#$&á&K*'@%-%*'*(&:&/%#*.,%(3&/(2"%#%(Q C.,%"0&)+&5+&%")*,1%()#3&-:'5&!"*,(@'*A
v8P-7-&g.0&á&K;-("0.',(&:&7,151)(6(Q
s8 <<pY&R()).0&á&o1"0'5("*&:&*(5(-%(3&;,%"#%;%1-&'&*.*&#(&(5'"+&);,(&7%%"6(-(&*(,()*,(Q :&U'%&()*(&51-*&;4"+&-'&,(?%1"('&"15%*+&H';&0(&C15"(F(1D
<q8&%---e%A&U'-]1*&á&c(?'-%*'*(&:&!5;+,+6%(8
9,%5(-(&*,(%&*,%'0(&K(7!,.*:%#(&7.,5('F+&*,(%&-15%A&<8&F8M%81*&6&-15('&(5'"'6%(%&;1,(Q&V8&B(,%'$&6&-15('&#,('6%(%Q&X8&=(.%,'$&6&-15('&
7.,5'6%(%8&U'-]1*&7.,5('F+&'&;'*,'&-15(3&"15%*+&F))%z'&:&-15('&'#6%1"%%3&1"%/(,)1-&/%F%@%-3&F?1,'&-15%-.,&)1;(,%.',(8
VYZ ?271"%#+,%&5%"&?(, VY[
>%"&*'%"(8(&0%(.%%/&3%&'8(&1"%0(,)181%&:&F&521'&#',*(

6 S%3&7,'*(3&5'%&()*(&#'-(&-1"?+&;4"+&'#.-.3&0',&*(&)7+*1%()#&)+&"1&;-(#%&5'%&0(;',*(&!"&?.-1- SL;%,4"03&P'*+-&'F/4,-(&0%"&S-&%0(%&)'1&;',*%#1-(&/%%3&01;+&,'F(-(&K7(,(%&K'-(8&I#()*(&;',*%#1-(3&
0(')1;,'&*'3&#+#%&;4"+&-'&c();%,'*.,&(&.&0%)*'"6+&';,.L%5'*%/+&#4*&0(&-'&).',(&-'&;+54"*3&2%&*(&(L;1% '#()*(&)7(,1-(3&#1&#',(&P'*+-&@.5@',0('F+&*,1;1-&U'5+3&'1&0%'.+/&02%".+&2%&%"*(8%-(".+/&'1&;,.;,%'&-.,&
-'&5',%&;(,%#.-(8 #1?(*',(8&C(&!"0'*+&#(&).)()#&'#()*(&)#4"*(%&!"&F."'&'&R:'&'&U'5',1-1%3&5',%-(&G15%"%Z0%,%?1%*.',(&0(&
9(&#4"0&!5%&/.,@('3&%'*+&/+0&#+&K7(,'&0(&#',(&/.,@%5&)(&';,.;%(&);,(&".%8 '#.-.&-(&;,%"03&-(&!"#.,;.,('F+&!"&;(,%);%,%*1-&G.,&)1@-%58&K%56%"01:-(&!"&#.,;1-&G.,3&#.")*'*+&#+&"1&
: g'%&)+&"(&,(*,'?(5&;16%"&:&!5%&);1)(&7,'*(-(&:&#+#%&'&0.1'&K7(,+3&9(#*.,'-1-3&)(&0%-'*+3&)( )1"*&*.'*(&0(&'#(-'2%&7(-8&U'%&!"*4%3&-(&#1".)#&01;+&-15%"'&-.,3&#',(&"1&(&0(&'#(('2%&%"*(")%*'*(3&7%%"0&
157-+&2%&5+,%"01:)(3&)(&';,.;%(&0(&".%3&5%#2.,4"0&);'6%1-&#',(&.&)(;',+&0(&I@0.5("3&K7(,':U'5+8 /%F%@%-+&;,%"&*,'");',("6'&;(-%#1-(%&#1&#',(&'1&7.)*&!"/(-%*(&!"&c();%,'*.,8&!"?-.@4"01:-(&!"&#.,;1-&-.,&
H.")*'*&#+&'%&1%*'*&0(&'#()*&7(".5("3&#1".)#1*&.0'*+Q&)1"*&51-*(&5%-%',0(&0(&'"%&0(&#4"0&'%&;-(#'* );%,%*1'-3 & S"*%*+6%-( & 0%" & ;,%5' & )7(,+ & ' & U'5',1-1% & -( & )%5*3 & -( & '"'-%F('F+ & 2% & -( & '7-+ & 0()*%"1-8&
!"&-15%-(&#,('*(3&'2'&#+&'%&1%*'*&7(".5("(-(&;(*,(#1*(&;(&'#()*(&5(-('?1,%8&o%%&'*("*M&g'%&)+&%"*,+5 H1".)#4"01:-(&0()*%"'6%'3&H,('*.,%%&0%/%"%&!5@,'#+&;',*%#1-'&#1&.&;.,6%1"(&0%"&7-1%01-&G.,8&S%&2*%1&
!"&K7(,':U'5+3&#+#%&):'&';,.;%'*&;,('&51-*&c();%,'*.,1-&0(&".%8 #',(&)#4"*(%(&()*(&0()*%"'*+&)+&'"%5(&.&;%'*,+3&.&;-'"*+3&1"&'"%5'-&.,%&1"&.53&2%&#',(&/'&#.")*%*1%&
9(&#4"0&)(&';,.;%'&c();%,'*.,1-3&#.")*'*+5&#+&2%&S-&)(&!"/4,*(&#1&.&/%*(F+&"(!"#$%;1%*&0(&5',(8& ;,%51-&(*(,8
H4"0&(,'5&'7',+&0%"&K7(,'&0%/%"+3&/(0('5&#+&!"*,('?'&K7(,+&)(&,.*(2*(8&I#153&#4"0&)1"*&!"&U'5',3& R"&7%"(3&#4"0&):'&*(,5%"'*&.;(,'6%'&;,%5(-.,&#'*(?.,%%&0(&o%%&0%/%"%3&;',*%#1-(-(&/%%&)'1&)#4"*(%-(&
/+0&#+&)*+&;(&-.#&2%&"15'%&9(#*.,'-1-&)(&!"/4,*(8&H.51"%#&.@)(,/'6%'&5('&#.-(?1-1%&0(&)*10%13&5'%& )1"*&*,(#1*(&!"&F."'&'&R%:'&'&U'5',1-1%3&1"0(&)1"*&-1'*(&!"&;,%5%,(&0(&H,('*.,%%&0%/%"%:K7%"*(&C1$1,%3&
@+*,4"&0(#4*&5%"(&2%&(-&!5%&);1)(A !"#.,;.,'*(&0(&'#(2*%&G1#,+*.,%&0%/%"%3&)#4"*(%-(&)1"*&!5@,+#'*(&#1&.&'-*+&;(-%#1-+&0(&7-1%0(8
: o%%"0&!"&%"*(,%.,1-&U'5',1-1%3&"(&!"/4,*%5&.0'*+&#1&S-3&2%&"1&"(&0+5&)('5'&0(&,.*'6%'&K'8&9( K#4"*(%'&;,%5+&;-(#'*+&0%"&H';1-&0(&C15"(F(13&()*(&!"/(-%*+&'#15&!"&*,(%&;(-%#1-(A&<8&*+*',+]&
#4"0&U'5',1-&)(&!"/4,*(&!"&)(")1-&'#(-.,&0(&#(')3&9(#*.,'-1-&)(&!"/4,*(&!"&)(")&#."*,',8 89;%18',+]&X8&7'7',+9&!5@,+#'*+&!"&'#()*(&*,(%&!"/(-%21,%3&%0(('&)'1&)#4"*(%'&0%/%"+&',(&*,(%&7'#1-*+6%A&
9,.;1"&#.-(?1-1%&5(1&)+&7'#(5&.&/(,%7%#',(&2%&;.,"%5&'54"0.%&);,(&(L*(,%.,1-&K7(,(%&0%/%"(8& 02%".+/&%"*(8%-(".+&2%&7(72,%(9
I=1"2%&'%#%3&*.*&"1&/(0('5&,.*'6%'&U'5',1-1%3&#+#%&2%&'%#%&)(&!"/4,*('&!5;,(1"+&#1&".%3&7(".5("& P,(#4"0&;,%"&#(-(-'-*(&F(#(&F."(&'-(&K7(,(%:U'5',3&)#4"*(%'3&%0(('&)'1&#1/4"*1-&/'&;,%5%&!"#+&
')(5+"+*.,&;(*,(#1*&#1&@%(*1-&.5&#',(&)*+&;(&)1;,'7'6'&;+54"*1-1%&2%&0(2%&;+54"*1-&)(&,.*(2*(&-'& 0.1+&!"/(-%21,%&7-1%0%#(8&I#15&)#4"*(%'&()*(&?'*'&;("*,1&'&;-(#'&!"&-15%-(&#,('*(&0(&P'*+-3&!5;,(1"+&
(#1'*.,&#1&/%*(F'&0(&<8^^_&]%-.5(*,%&;(&.,+3&*.*12%&"1&.@)(,/+&"%5%#3&"1&2*%(&"%5%#&0(&'#(')*+&,.*'6%(3& #1 & 5%-%',0( & %"#'-#1-'@%-( & 0( & )(5("%3 & 7.,54"0 & !5;,(1"+ & . & "(@1-.')+ & #( & #."6%"( & *.'*+ & ?'5' & 0(&
!"&)#$%5@3&'5&.@)(,/'*&5%2#',('&#1&/%*(F+&"(?,+%*+&'&#(-.,&;'*,1&1"%/(,)1,%&!"&=1,1-&K7(,(%&#("*,'-(3& 5'*(,%%&2%&01$1,%&"(#()',(&(/.-16%(%8
04"0&%5;,()%'&#+&5'%&7'#&;'*,1&%"(-(&!"&=1,1-&".)*,18 9,%" &I1L%-%',%%&K+%3&P'*+-& #,(('F+&*.*1-3& 0%"&1"'& 2%&'#(('2%&5'*(,%(& ;,%5+8& R"&,(F15'*&#,('6%'&)(&
J(:'5&!"*.,)&!"&#(-(&0.1+);,(F(#(&)7(,(&#."#("*,%#(&#(&#.5;1"&U'5',1-3&!"/(-%"01:)(&1"'&;(& ;(*,(#(&')*7(-A&K7(,'&#("*,'-+&'@).',@(&0%"&$'.)3&0%"&R"7%"%*3&;',*%#1-(3&/%(*+6%3&%"7%"%*&0(&5%#%8&C%"&(-(3&
'-*'&2%&'/4"0&7%(#',(&.&5'*(,%(&(*(,%#+&0%7(,%*+8&K*,+@'*(5&#(-(&0.1+);,(F(#(&)7(,(3&;4"+&-'&5',?%"('& P'*+-&#("*,'-&;,(?+*(2*(&5'*(,%'&;,%5+3&;,%51-&(*(,&*,%5%)&!"&-15(&)+&(/.-1(F(8&C1;+&#(&'&;',#1,)&
%"*(,%.',+&'&U'5',1-1%3&!"&);'6%1-&?.-&#(&.&0();',*(&0(&c();%,'*.,8&I7-+5&#+&!"&)7(,'&%"*(,"+3&;,%5'& !"*,('?'&#,('6%(&:&(/.-14"0&;4"+&-'&1-*%5'&7'F+&0(&(*(,3&0(/("%"0&(*(,1-&)'1&7-1%01-&#(-&5'%&7%"&:&
0%" & #(-( & 0.1+);,(F(#( & F."( & '-( & U'5',1-1%3 & /(#%"+ & #1 & c();%,'*.,1-3 & )( & '7-+ & . & -15( & 0( & 5',% & 2%& ;',*%#1-'&()*(&#$(5'*+&2%&,('@).,@%*+&0(&K7(,'&#("*,'-+8&C1;+&#(&%"*,+&!"&H';1-&0%/%"3&1"0(&)17(,+&
)*,+-1#%*.,%&I1L%-%',%&'%&P'*+-1%&#(,()#3&"15%6% &?,('*2,%&5%0%"% &)'1 &`%%&5(&>17"(M(19 &T"1-&0%"&S%& %"7-1("6'&'#()*1%&5(0%1&)1@-%53&;',*%#1-'&()*(&0%"&".1&(5%)+&;("*,1&'&7.5%'&0(&'#(')*+&0'*+&)#E"*(%'&
.@)(,/4"01:"(3&);1"(A&lP.'*+&-15('&0(&'%#%&Z;.',*+&,'"?1-&0( &?,('*2,&5%0%"9 &[.%&"(7%%"0&0%"&#('*'& 5%0%"+&'&1"1%&01$&#(&/'&-1'&0,151-&/(2"%#%(%3&(/.-14"0&2%&'=1*4"0&-'&(/.-16%'&7,'6%-.,&)+%&5'%&5%#%3&
".')*,+3&,(*,'?(6%:/+3&#+#%&'-*7(-&/(6%&7%&!"&;(,%#.-3&#.,;1-&/.)*,1&"(;1*4"0&,(F%)*'&/%@,'6%%-.,&5(0%1-1%& ;',*%#1-(&/%%&#(&7.,5('F+&#(('&#(&/.%&"15%6%&7'*(,%(9
".)*,18&o%%"0&!"?(,%3&'6%&;1*1*&/("%Z;4"+&'%#%3&*.*12%&2(0(,('&/.')*,+&"1&;.'*(&7%&0(#4*&*(5;.,',+8&C(&
'#(('&#.@.,46%&!"&F."'&'&R%:'8n
I5 & #.@.,4* & !" & F."' & ' & R%:'3 & ;-(#4"0 & 0( & -' & 9(#*.,'-8 &I%#% & '5 & 0'* & 0( & . & %"7%"%*'*( & 0( & C1$1,%& 9-(#',('&01$1,%-.,&0(&;(&;-'"(*'&".')*,+
)*,+-1#%*.',(3&0(&1"&,'"?&#(/'&5'%&5%#&0(#4*&#(%&0%"*4%3&"15%6%&?,('*2,%&5%0%"%6@;%"*(&>1$1,%9&J%&):'&
7+#1*&#1".)#1*&#+&"1&;1*(5&,+54"(&"%#%&'%#%3&0(.',(#(&"1&'5&'=1")&!"#+&-'&(/.-16%'&0(&'&'/('&0,(;*&
0(&#(*+6("%(&!"&'#()*&"%/(-&'-&U'5',1-1%8 I0()(.,%&/+&!"0,(;*'6%&;,%/%,%-(&);,(&G1"+3&,(?%"'&".;6%%3&2%&"1&2*%6%&0(&#(&-15%"'&(%&5%)*(,%.')+&
I5&#.@.,4*&!"&F."'&'&R-R:'8&I-*+&-15(3&'-*&7-1%08&P.'*(&C1$1,%-(&#(&!2%&01#&*,'%1-&2%&-1#,('F+&!"& ;,.01#(&!"&7%%"6'&/.')*,+&1"&)("*%5("*&"(-%"%2*%*8&S&".)*'-?%'&);%,%*1-1%3Z0.,1-&)+1&0(&'&)(&!"+-6'&#+*,(&
'#(')*+&F."+&)(&"15()#&?2")*,1#*2,%&5(&')*,(&)28',(/&?,'0&%(,',$%#&(#$%/'-("*&#1&'-&N1/(,"'*.,1-1%& '#()*&')*,1&'-&#(,1-1%3&0(.',(#(&2*%(&#+&'#.-.&!2%&'1&)(0%1-&)*,+-1#%*(-(&("*%*+6%&'"?(-%#(3&'#.-.Z)(&;1"&-'&
).-',3&C.5"1-&".)*,1&R)1)8&!"&F."'&'&R[:'e'5&0'*&0(&-15('&?,('*2,%82,&5(&48'"(*(/&#.,();1"F+*.,%& #'-(&*.'*(&(/("%5("*(-(&9+54"*1-1%&2%&)(&%'1&5+)1,%-(&#(&/.,&01#(&.51-&);,(&.&(/.-16%(&5'%&!"'-*+8
C.5"1-1% & ".)*,1 &;-'"(*',3 &7.)*1- & U.%)(8 &!"&1,5+*.',(-(&0.1+&F."(3 &'&[:'&2%&'&[%:'3&'5&!"*4-"%*& C(2%&()*(&#1;,%")+&-'&;(,%7(,%'&)7(,(%&'-@(3&'&;,%5(%&F."(&7-1%0%#(&*(,()*,(&:&"15+,+*.',('&7+#4"01:)(&
=")1;8+*2,%&5%0%"%&2%&?,('*2,%&5(&;2,7(&0%%9 0(&-'&;(,%7(,%(&#+*,(&)1;,'7'6'&;+54"*1-1%&:&G1"'&',(&.&'*5.)7(,+&(*(,%#+&'&)'&;,.;,%(8&C%"#.-.&0(&
K+&/(0(5&#(&,.-&!"0(;-%"()#&S"*%*+6%-(&0%"&'#()*(&2')(&F."(&)'1&)7(,(&0()#,%)(&0%"&#(-(&0.1+);,(F(#(& '*5.)7(,'&(*(,%#+&15'"+&'&;-'"(*(%&".')*,(&)(&'7-+&F."'&'"?(-%#+3&)(0%1-&!"?(,%-.,&;-'"(*(%&".')*,(8
)7(,(&#."#("*,%#(&'-(&U'5',1-1%8&S"*%*+6%-(&0%"&;,%5(-(&0.1+&F."(&)1"*&'"'-%F'*.,%%&2%&0%)*,%@1%*.,%%3& !"?(,%%&2%&01$1,%-(&'-@(&'-(&9+54"*1-1%&!2%&0()7+2.',+&'#*%/%*'*('&*.*&;(&G1"+8&I#.-.&!2%&',(&)(0%1-&
(-(&#(,#(*('F+&#(('&#(&-(&).)(2*(&0%"&9(#*.,'-3&2%&-14"0&#1".2*%"6+3&-(&0%)*,%@1%(&#(-.,&0(&)1@&(-(8& ;(,5'"("*&N1/(,"'*.,1-&;-'"(*',3&K74"*'&P,(%5(&'&9+54"*1-1%8&C(2%&()*(&1"&')*,1&';',*(3&G1"'&"1&
S"*%*+6%-(&0%"&1,5+*.',(-(&;'*,1&F."(&;,%5()#&%0(%-(&P'*+-1%&#("*,'-3&).)%*(&0(&-'&#(%&0%"&F."'&'&P:'&2%& ',(&.&#."01#(,(&'&)'&;,.;,%(3&('&7%%"0&0.',&.&'"(L+&'&9+54"*1-1%8
'&RÑ:'3&-(&;,(-1#,('F+3&74#4"01:-(&0%"&'@)*,'#*(&.',(#15&#."#,(*(8&I)*7(-&;,(?+*%*(3&%0(%-(&)1"*&*,%5%)(& H.@.,4"0&0%"&G1"+&)1"*&"(/.%*&)+&!5@,'#&71-?(,+*.,3&,4"0&;(&,4"03&(*(,1,%-(&'-@')*,(&'-(&F."(%&'&
!"&#.)5.)&2%&';.%&!"&#(-(&;'*,1&1"%/(,)1,%&1"0(&/.,&#%,#1-'&!"&/(2"%#%(8 R-:'3&2%&';.%&#(-(&,.2%%&'-(&F."(%&'&R-R:'8&C1;+&#(&5%:'5&!"0(;-%"%*&.&5%)%1"(&-'&)1;,'7'6'&;+54"*1-1%&2%&
!"&F."'&'&f-:'&2%&'&fRR:'3&'7-'*(&-'&;(,%7(,%'&K7(,(%:U'5',&"1&)(&5'%&-1#,('F+3&01$1,%-(:#.;"&0(& /,('1&)+&5+&!"*.,#&!"&F."'&5('3&)1"*&"(/.%*&)+&0(F@,'#&5'*(,%'&7-1%0%#+&,.2%(&'&F."(%&'&R-R:'&2%&';.%&
'#.-.&/+03&'103&)%5*3&.@)(,/+3&!"/'6+&2%&7'#&2#.'-'&'&*.*&#(&):'&-1#,'*&!"&U'5',8E #('&'-@')*,+&'&F."(%&'&R-:'8&I5&7.)*&"(/.%*&)+&-(&!5@,'#&;(&*.'*(3&;("*,1&#+&7+,+&(-(&"1&;1*('5&)*'&-'&
H,('6%'&)(&;(*,(#(&')*7(-8 )1;,'7'6'&;+54"*1-1%8&I&*,(@1%*&)+&5+&!"?,(1"(F3&-14"01:-(&!"&=1,1-&5(13&#+#%&'-*7(-&5+&'*,+?('&)7(,'&
P'*+-&(5%*(&.&%0((3&)+&F%#(5&%0(('&279&I#(')*+&%0((&#."6%"(&!"&5')'&)'&*.*&/%%*.,1-&'#()*(%&%0(%&#(& 5('&'-@+3&;,%5'&F."+&7-1%0%#+&'&9+54"*1-1%8&H4"0&5+&01#&-'&0%7(,%*(&#."7(,%"6(&)'1&(L;(,%("6(&;(&
/'&0(/("%&#4"0/'&1"&.58&S'&)(&5'%&"15(2*(&2%&)#E"*(%(&5%0%"+/&0',&!"#+&"1&()*(&51$9 G1"+3&)1"*&"(/.%*&)+&!5@,'#&,';%0&5'*(,%'&(*(,%#+&-1"',+3&;("*,1&'&;1*('&7%&#.5;-(*&-%@(,&!"&5%2#+,%-(&
R0(('&0(&.5&()*(&.&;',*%#1-+&1-*,'5%#,.)#.;%#+3&;-%"+&0(&/%'6+8&R(2%"0&0%"&K7(,':P'*+3&0%"&H';3& 2%&#1?(*+,%-(&5(-(8
%0(('&()*(&*,%5%)+&!"&K7(,':9(#*.,'-8&I#(')*+&%0((&(,'&/%(3&0',&"1&'/('&%"%6%'*%/+3&"1&2*%'&)+&)(&5%2*(3& z%"&)+&'*,'?&'*("6%'&#+&".%3&01$1,%-(&15'"(&'-(&F."(%&'&R:'3&"1&;1*(5&)+&"(&,%0%#+5&;4"+&-'&F."'&
0(.',(#(&"1&'/('&!"#+&/.%"6+8&I=1")+&!"&9(#*.,'-3&7%(#',(&%0((&)'1&;',*%#1-+:/%'6+&()*(&!"/(-%*+&#1&.& ;(,%7(,%#+&'"?(-%#+ &c:& 9+54"*1-1%3&;("*,1&#+&'#.-.&(L%)*+&/%@,'6%%&0%7(,%*(&2%&0.5"()#&'-6%&#1,("6%&
;.=?$%6+&0(&5'*(,%(&(*(,%#+&'&'#()*(%&)7(,(8 (-(#*,.:5'?"(*%#%8 & !" & ;-1)3 & ?-.@1- & ;+54"*()# & !2% & (L(,#%*+ & '#6%1"(' & )' & '*,'#*%/+ & "1 & "15'% & ')1;,'&
o-1%01-&;(#*.,'-&()*(&'*4*&0(&;1*(,"%#3&!"#4*&.,%#(&01$&:&7%(&(-&#$%',&o%1&0(&C15"(F(1&0%/%"&8: 5'*(,%(%& ).-%0(3& -%#$%0(& 2%& ?'F.')(& '& 7%%"6(-., &2%& -1#,1,%-.,& 0(&-'& )1;,'7'6'& )'3 &#% &#$%',& 2%& ')1;,'&
%"*,4"0&!"&(-3&/'&#.")*'*'&#+&"1&5'%&',(&/.%"6+3&%&):'&,(01)&#1&*.*1-&/.%"6'8&H1,%.)3&0',&*.*&#(&%()(&0%"& ".')*,+3&'&01$1,%-.,8&I2'0',&5'?"(*%)51-&;+54"*1-1%&(L(,#%*+&7.,6'&)'&'*,'#*%/+&2%&')1;,'&5'*(,%%-.,&
H';&)(&7.,*%7%#+&*,(#4"0&;,%"&9(#*.,'-Q&*.*&#(&%"*,+&!"&9(#*.,'-&0%");,(&U'5',3&!2%&;%(,0(&/.%"6'&2%& (*(,%#(8&U'*(,%'&(*(,%#+&'&#.,;1-1%&!"?(,%-.,&()*(&5'%&7%"+&0(#4*&5'*(,%'&#.,;1-1%&".)*,1&7-1%0%#3&5'%&
?,(1&0(#4*&'-&!"?(,%-.,8
0(/%"(&.&1"%*'*(&'&H';1-1%&0(&P'*+3&#',(3&!"&@1"+*'*('&K'3&!%&/'&,(0'&/.%"6'&#4"0&/'&/("%&!"&#$%',&
H';1-&K+18
VY\ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"&?(,
VYT

G1"'&!2%&',(&2%&('&7.,6(-(&5'?"(*%#(3&(L(,#%*'*(&;4"+&-'&)1;,'7'6'&;+54"*1-1%3&%"7-1("64"01:<&#1& C%"#.-.&0(&'*5.)7(,'&).-',+3&;,%"&);'6%%-(&%"*(,)%0(,'-(&'-(&1"%/(,)1-1%3&"1&)(&!"*4-"(2*(&"%#%&1"&
*.*&#(&(L%)*+&;(&(-8&a,%&0(&#4*(&.,%&5+&01#&;(&G1"+3&*,(@1%(&)+&!5@,'#&7-1%01-&(%3&;("*,1&'&7%&,(6%"1*&0(& 01$8a&;1)*%(*'*(&?,.F'/+&0.5"(2*(&!"*,(&'*5.)7(,(-(&7-1%0%#(&'-(&)*(-(-.,8&J15'%&#%"(&'&'/1*&.#'F%'&
G1"+&2%&#1,("6%%&7-1%0%#%&'%&9+54"*1-1%&)+&"1&5+&,+;(')#+&0%"&;,('=5'&(%8 )+&#+-+*.,(')#+&;,%"&'#()*(&,(?%1"%&%"*(,)%0(,'-(&/'&'/('&.&%0((&?("(,'-+&0(&51-6%5('&)*(-(-.,&2%&0(&
!"&G1"+&(L%)*+&1"&71,"%#',&0(&01$1,%3&1"&*1,"&'-&-1%&p'@(%3&0(.',(#(&!"&('&;.;.)()#&01$1,%&/("%*(&0%"& ;1*(,('&"(#1;,%")+&'&H(-1%&#(&'&#,('*&2%&#."01#(&*.*1-8
*.'*(&;+,6%-(&#.)5.)1-1%8&T"(-(&)1"*&/("%*(&"15'%&!"&/%F%*+&;(&9+54"*3&'-*(-(&#1&%"*("6%'&0(&'&)(& I=1"2%&-'&;(,%7(,%'&'*5.)7(,(%&K.',(-1%3&!"?(,%%&).-',%&;+,+)()#&'#()*&5',(&?,1;3&7%%"0&-1'*&!"&
)*'@%-%&;(&'#()*&?-.@&2%&':2%&7'#(&2#.'-'&"(#()',+&(/.-16%(%&-.,8&SL%)*+&';.%&?,1;1,%&0(&01$1,%&#',(&2%:'1& ;,%5%,(&0(&'-*(&("*%*+6%3&#',(&'1&7.)*&'"1"6'*(&2%&'2*(';*+&)+&!-&#."01#+&-'&-.#1-&0()*%"'*8&9("*,1&#+&
%);,+/%*&2#.'-'&9+54"*1-1%&2%&)1"*&?'*'&0(&;-(#',(3&7+#4"0&*.'*(&;,(?+*%,%-(&!"&'#()*&)#.;8&!"&7%"(3&!"& );'6%%-(&%"*(,)*(-',(&)1"*&#1*,(%(,'*(&0(&;1*(,"%#%&#1,("6%&(-(#*,%#%3&!"*,('?'&?,1;',(&()*(&!"#."=1,'*+&#1&
G1"+&)1"*&2%&#(*(&!"?(,(2*%&).-',(&)'1&;-'"(*',(&/("%*(&!"&/%F%*+&0(&;,%"&'-*(&5(-('?1,%8&I%#%&)(&7'#& .e&,(6('&0(')+&0(&7%,(&(*(,%#(3&!"&'2'&7(-&!"#4*&!5;,(1"+&)+&7.,5(F(&1"&@-.#3&1"&,.%&0(&01$1,%8& &!"#$(%&
I

2(0%"6(3&#."7(,%"6(&2%&(L;(,%("6(3&#',(&0(&#',(&5'%&'/'")'*(3&01$1,%-(&!"*,(#4"01:)(&!"*,(&(-(8&!"&)(,%-(& '#(')*+&(L;1"(,(&'5%"*%"01:/+A&1"%/(,)1-&".)*,1&()*(&;-%"&#1&1"&7-1%0&"15%*&1"%0(,)%#9&R"&(-&!".'*+&
)("%"(&0(&/',+3&;,%/%6%&G1"'&2%&1,(#$('&/.')*,+&"1&0%)*%"?(&"%#%&.&2.';*+&0%"&5%-%',0(-(&0(&?4"01,%& ')*,(-(3&!"#."=1,'*(&7%(#',(&0(&7-1%01-&-., &)28',/ &!"&7%"(3&!"&(-&!".'*+&;-'"(*(-(&-.,3&!"#."=1,'*(&0(&
,+);4"0%*( & !" & );'6%%-( & 0%" & =1,1- & (%3 & (5'"'*( & 0( & ;1F0(,%' & 0( & 01$1,% & #( & ?4"0()#3 & 0%)#1*+ & .,%& 7-1%01-&-.,&48'"(*',9
#."7(,("6%'F+&')1;,'&1"(%&*(F(&.',(#',(8&I#.-.&()*(&2%&)1;(,%.,1-&;',*%01-1%&".)*,13&5',(&!"?(,3&1"1-&
0%"&#(%&*,(%&!"?(,%&#+;(*("%%&'%&#.51"%*+6%%&".')*,(8&C(&'#.-.&'5&).)%*&#'&71-?(,1-3&%5(0%'*&#(&5%&):'&
7+#1*&#1".)#1*&0(&,(;,(F("*'"*1-&5(1&#+&(2*%&-%@(,&2%&0%);1)&)+&5+&')#1-6%8&S-&'&-'")'*&;,%"&);'6%1&
';(-1-A &iF$'$,17/&F$'$,17/&F$'$,17bk &P.'*(&);%,%*(-(&0(&)1@&.,0%"(-(&5(-(3&.,%1"0(&):',&'7-'&!"& I*,'#*%/1-&2%&(-(#*,%/1-&:&5'?"(*%)51-&2%&(-(#*,%#%*'*('
);'6%13&'1F%"0&'#()*&)(5"'-&!-&*,%5%*&5'%&0(;',*(&!"&)1)&2%&'=1"?(&-'&5%"(8&S1&0(&!"0'*+&0'1&)(5"'-1-&
#+&/%"3&2%&5+&',1"#&);,(&)1;,'7'6'&;+54"*1-1%3&'=1"?4"0&=.)&#'&71-?(,1-8 C%"&5'*(,%(&'&7.)*&#,('*&*.*1-&!"&1"%/(,)8&9,(*1*%"0("%&(L%)*+&5'*(,%(&/%(3&)1;1)+&-(?%%&(/.-16%(%3&
I2'&)(&#.51"%#+&!"&);'6%1A&0%"&7%1&!"&*'*+3&2%&'#()*'&:&#'&7%1&:&-'&1"&'-*&*'*+3&5'%&5',(&0(#4*&(-8& ')(5("('&);%,%*1-1%8&C%"&K7(,'&0%/%"+3&0%"&U'5',1-&K7(,(%:G'@.,'*.,3&;-('#+&5(,(1&1"&#1,("*&0(&
U(,(1 & 0( & -' & %"7(,%., & -' & )1;(,%.,8 & a,0%"(-( & 0'*( & 0( & )7%"*(-( & 01$1,% & '"?(-%#( & )( & ,+);4"0()# & #+*,(& 7'*(,%(&(*(,%#+&4,%7',+ &: &"17+,18&1"1/&#',(&#%,#1-4"0&;,%"&1"%/(,)1,%3&5%-%.'"(&0(&'"%3&2%&*,(#4"0&
)1;,'7'6'&;+54"*1-1%3&*.*&;(&'#(')*+&)#',+3&0(&')*+&0'*+&;(&#'-(&0()#("0("*+3&0%"&*'*+&!"&7%13&2%&0%"&7%1-& ;,%"&0%7(,%*(&)*+,%3&*%"0(&5(,(1&)+&)(&#."#("*,(F(3&0(/("%"0&!"&#(-(&0%"&1,5+&5'*(,%(&).-%0+8
#',(&(&*'*+&;("*,1&1"&'-*1-&0(&)1@&(-3&2%&'2'&5'%&0(;',*(3&!"&=.)8 J.%&)1)6%"(5&(L%)*("6'&1"(%&5'*(,%%&(*(,'*(&!"*,:.&%"7%"%*'*(&0(&#'*(?.,%%8&9("*,1&/.%3&!"&)*'0%1-&
I5&);1)&#+&".%&"1&;1*(5&'=1"?(&;4"+&-'&5',?%"('&(L*(,"+&'&F."(%&'"?(-%#(3&0',&#$%',&0'#+&'5& '#*1'-&'-&#1".2*%"6(-.,&/.')*,(&15'"(3&'7%,5'6%'&".')*,+&()*(&.&%;.*(F+8&[.%&#,(0(6%&#+&0%"&"%5%#&):'&
'=1"?(3&'=1*'6%&0(&1"&!"?(,3&*.*&":'5&;1*('&%(2%&0%"&('3&;("*,1&#+&'/(5&;(&".%&!"/(-%*.',('&7-1%0%#+&'& 7+#1*&*.*&#(&(L%)*+&!"&=1,1-&/.)*,18&J.%&2*%5&#+&*.*1-3&!"&.,%#(&?,'0&0(&%"0281.%(&)'1&(0281.%(&):',&'7-'3&'&
9+54"*1-1%&: &$'%"'&48'"(*',+9 &9("*,1&#+&"1&;1*(5&'=1"?(&;4"+&-'&5',?%"('&'*5.)7(,(%&(*(,%#(&'& ;,./("%*&0%"*,:.&)%"?1,+&5'*(,%(3&"15%*+&(*(,&4,%72,5%'89
9+54"*1-1%3&2%&"%#%&"1&;1*(5&%(2%&0%"&('3&"(&,1?+5&0(&#4*(&1"&!"?(,&).-',&)+&"(&/.,@(')#+&0();,(& U'=.,%*'*('&0%"*,(&/.%&"('?+&(L%)*("6'&(*(,1-1%3&%',&.&5%#+&;',*(&.&@+"1%(2*(3&0(.',(#(&"1:<&/(0(6%&
!"/(-%21,%-(&7-1%0%#(&)'1&'*5.)7(,'&K.',(-1%&".)*,18&R'*+&#(&"(&);1"(&G15%"'&-15%"'*+&0(&C15"(F(1A& 2%&"1:<&)%56%6%8&J.%&!-&/(0(5&2%&)%56%53&;("*,1&#+&*,+%5&!"&(-8
Bo,'6%-.,3&')(5("('&9+54"*1-1%&/.)*,13&K.',(-(&',(&*,(%&!"/(-%21,%&(*(,%#(3&*,(%&#45;1,%&0(&'#*%/%*'*(3&0(& K+&;,()1;1"(5&#+&5'*(,%'&',(&.#$%&)+&/'0+&2%&?1,+&)+&?,+%')#+8&!"&'#()*&#'F3&"(/+F4"0&5'*(,%'&
%"7-1("6+&5'?"(*%#+8&C',&;(&#4"0&"15+,+*.',('&-'&9+54"*&)(&7'#(&0(&-'&;(,%7(,%(&);,(&)1;,'7'6'& -%#$%0+3&5'%&)1@*%-+3&).-%01-&/:',&);1"(&#+&"1&(L%)*+&0(#4*&5'*(,%(&).-%0+8&G%#$%01-&',&;(,#(;(&5'*(,%'&
;+54"*1-1%3&-'&K.',(&"15+,+*.',('&)(&7'#(&0(&-'&?-.@1-&).-',&#+*,(&;(,%7(,%(E8 ).-%0+&2%&-%#$%0+3&!"&)#$%5@&"1&',&'/('&"%#%&.&".6%1"(&0();,(&(L%)*("6'&?'F1-1%8&G'&,4"01-&)+13&5'*(,%'&
9,%"&1,5',(3&F."'&'&R:'&).-',+&()*(&!"&=1,1-&).',(-1%&2%&)(&!"*%"0(&;4"+&';,.';(&0(&;,%5'&)'& ?'F.')+&',&;(,#(;(&5'*(,%'&).-%0+3&-%#$%0+&2%&?'F.')+&0',&"1&',&@+"1%&#+&(L%)*+&2%&.&5'*(,%(&(*(,%#+8&
;-'"(*+8&W."'&'&R%:'&()*(&-'&5%=-.#&2%&)(&!"*%"0(&;4"+&0%"#.-.&0(&1-*%5'&)'&;-'"(*+3&"(#1".)#1*+&0(& I2'0',&"1&(&0(&5%,',(&#+&"1&'/(6%&"%#%&1"&%"0%#%1&0(&(L%)*("6'&(*(,1-1%8
/.%8&!"&7%"(3&F."'&'&R-R:'&()*(&-'&;(,%7(,%'&'*5.)7(,(%&).-',(&2%&)(&!"*%"0(e0%"#.-.&0(&F."'&'&R%:'8 a,%#(&5'*(,%(&0%"&#.)5.)3&.,%#',(&',&7%&7%"(6('&(%3&()*(&*.*&5'*(,%(3&2%&'"15(&5'*(,%(&7%F%#+8&R"&K74"*'&
!"&F."'&'&R:'&*,+%()#&2%&(/.-1('F+&);%,%*(-(&).-',(&)'1&!"?(,%%&).-',%8&!"&F."'&'&R%:'&)(&'7-+&*.6%& S/'"?$(-%(&)(&F%#(A&BC1$1-&()*(&')(5("('&/4"*1-1%&#',(&"1&2*%(&0(&1"0(&/%"(&2%&1"0(&)(&01#(E8&
#.;%%%&).',(-1%3&;-'"(*(-(&"+)#1*(&0%"&(-8&!"&F."'&'&R-R:'3&(L*(,%.',+3&"1&)(&'7-+&"%#%&.8;-'"(*+&2%&"%#%&1"& o,'6%-.,3&/(0(6%&/.%&/4"*1-D&J18&C',&!-&)%56%6%3&0()%?1,8&[.%&"1&#1".'2*(6%&,.)*1-&'#()*.,&#.51"%#+,%&'-(&
-.#1%*.,&)*'@%-3&!"&'7',+&0(&#+-+*.,%%&/("%6%&!"&)%)*(51-&".)*,13&.,%&#(*(-(&0(&01$1,%&#(&;-('#+&0%"& 5(-(8&C(.#'50'*+&(-(&*,(@1%(&)#,%)(3&#+#%&/'&/("%&/,(5('&#4"0&/.,&7%&1*%-(&1".,'8&H.51"%#+,%&0(&
)%)*(51-&".)*,1&).-',3&);,(&'-*(&)%)*(5(8&W."'&'&R-R:'&()*(&5'%&51-*&.&@',%(,+3&.&F."+&0();+,6%*.',(& '#()*&?("&):'1&;,%5%*&2%&!"&'-*(&*%5;1,%8&S-(&'1&7.)*&)#,%)(&;("*,1&'"15%*(&;(,).'"(D&J18&>%&*.*12%3&#(&
!"*,(&7-1%0(-(&).-',(&0%"&F."'&'&R%:'3&!"&#',(&!".'*+&;-'"(*(-(&).',(-1%3&2%&7-1%01-&1"%/(,)%#3&!"&#',(& ":',&0'&1"%%&)+&-(&5'%&'%@+M&P.*&'2'&/'&7%&2%&#1&'#()*(&#1?(*+,%&'-(&5(-(8&9()*(&'"%3&#4"0&/(%&;+,+)%&
!".'*+&5%-%',0(&0(&).,%8 *,1;1-&*+1&;%(,%*.,&2%&/(%&/("%&)1)3&-'&".%3&*(&/(%&5%"1"'&*1&!")16%&0(&,.01-&-.,8&H(&7,+54"*+,%&)17-(*(2*%&
G.#1%"6'&;(,5'"("*+&'&!"?(,%-.,&).-',%&7%%"0&F."'&'&R:'3&/(6%&F%#(A&Bo%%"0&;,('&';,.';(&0(&).',(3& /.,&;,.01#(M&o%%"0&-'&".%3&!6%&/(%&'5%"*%&#153&F%&0(&F%3&'01"'%&#'&.&'-@%"+&#.51"%#+,%-(&5(-(&2%&'-(&
"1&(&;,('&#'-0&'#.-.DE&J1&1%*'6%&#+&01$1-&"1&)(&%5;,()%."('F+&"%#%&0(&#'-03&"%#%&0(&7,%?3&(-&;.'*(&)*'& '-*.,'8&I,1"#%&*(&/(%&)%-%&)+&%")17-%&;-+#(,(&2%&#."/%"?(,(&#(-.,&#(&/.,&#%*%&'?."%)('-'&*'8
!"&7.#1-&#(-&5'%&/%1&7+,+&)+&)17(,(3&0(.',(#(&$'%"'&)'&7-1%0%#+&"1&)17(,+&"%#%&.&5.0%7%#',(8&P'*+-&
H,('*.,3&'&#,('*&01$1,%-(&#'&(-(&)+&;.'*+&*,+%&-'&.,%#(&*(5;(,'*1,+3&0(&-'&#('&5'%&)#+F1*+&;4"+&-'&#('& ^8 &R"&'-*(&*%5;1,%3&2%&(1&'01"'5&#1".2*%"6(-(&7,'6%-.,&5(%&);'6%'-%3&2%&/("%"0&)1)3&5:'5&@1#1,'*&0(&
5'%&,%0%#'*+8&T"&5%#&(L(5;-1&()*(&;(2*(-(&/.)*,13&#',(&'/4"0&)4"?(&,(#(3&;.'*(&*,+%3&7+,+&)+&)17(,(3&!"& ,+);4"0%,('&-.,&;,%"*,(&)(5("%%&5(%&*,1;(2*%8&I0#/+5-&,+);4"0%*&'*1"#%&(,'&;,('&;16%"&7'6+&0(&#4-&
5+,%-(&#(-(&5'%&#'-0(3&2%&!"&';(-(&#(-(&5'%&,(#%3&@%"(!"6(-()&7(,%"01:)(&0(&'&7%&;,%")&-'&)1;%'7'6'& ;,%5(2*%&*1&'#158&I-*(&*%5;1,%&(,'1&'*1"#%3&'-*(-(&)1"*&'#158&9(&'*1"#%&%")*,15("*(-(&".')*,(&(,'1&
.#('"1-1%&0(&5')'&0(&';+&#(&)(&).-%0%7%#+8 ,',(&2%&-15('&(,'&5'%&%?".,'"*+8&IF%&5(0%15%%&)1"*&5'%&"15(,.2%&2%&-15('&',(&1"&#45;&0(&#1".2*%"6(&
SL%)*+&;-'"(*(&1"0(&0.5"(2*(&1"&7,%?&#15;-%*3&#1&*.'*(&'#()*('3&.'5("%%&0(&;(&(-(&"1&)17(,+3& 5'%&!"*%")8&[.%&0(='&#1".'2*(6%&1"0(-(&2%&;.)(0'6%&5%=-.'#(-(&0(&'&-(&1*%-%F'8&I/(6%&5(0%15%&'10%*%/%&'%&
0(.',(#(&H.")*,1#*.,%%&*,1;1-1%&-.,&'1&7+#1*&!"&'2'&7(-&#'&(%&)+&'%@+&)4"?(-(&7.',*(&7%(,@%"*(3&';,.';(& ?4"01,%-.,&".')*,(3&7.',*(&,',%&!"&*%5;1,%-(&'"*%#(8
(?'-&#1&';'&/.')*,+&#-.#.*%*+8&I,0(,%-(&0%"&*,1;1-&-.,&)1"*&'*4*&0(&%"*(")(3&!"#4*&-(&.7(,+&;.)%@%-%*'*('& P(,5%"4"01:5%&%"*,.01#(,('3&!"#(;&*,'*',('&)1@%(#*1-1%&,(F(,/'*&;("*,1&'F%8&K;1"('5&#+&5'*(,%'&'7-'*+&
)+&/%(61%')#+&!"&'#()*(&,(?%1"%&0(.)(@%*&0(&,(#%8&C'#+&',&7%&;.)%@%-+&'01#(,('&'#()*.,&.'5("%&;(& !"&#1;,%")1-&#.)5.)1-1%&)'1&'&1,%'2(%&)7(,(&#(&#1;,%"0(&*.*&#(&'&#,('*&H,('*.,1-3&',(&.&%"7%"%*'*(&0(&)*+,%&
;+54"*1-&/.)*,13&(%&',&!"-.#1%&).@(-(&;(&*%5;1-&%(,"%%3&%',&0'#+&',&7%&'012%&/','3&',&51,%&.;+,%6%&0(& 0(&#."#("*,',(3&2%&;,%"&1,5',(&:&0(&/%@,'6%(8&[.%&)1"*(6%&#.")%0(,'6%&;,%"&*,1;1-&/.)*,1&#'&7%%"0&#/')%:
;,.;,%1-&-.,&)4"?(3&#',(&):',&(/';.,'3&7%(,@4"0&!"&*,1;1-&-.,8 ).-%F%3&5.*%/&;("*,1&#',(&.,?'"(-(&/.')*,(&0(&)%56&"1&;.*&!",(?%)*,'&;,(F("6'&5'*(,%%-.,&(*(,%#(8
T"%#1- & K1/(,'" &'- & -15%-., &' & 0'* & 2*%%"6+ &2% &;1*(,( & H.")*,1#*.,%-., &K+% & 0(& *,1;1,% &15'"(3 & )+ & 7'#+& 9("*,1&'&(/%0("6%'&'#()*&-1#,1&)+&-1+5&1"&@%(*&.5&0%"&'04"#1-&;+01,%-.,&*,.;%#'-(8&a51-&'#()*'&):Q
.'5("%&*,1;(2*%&;.*,%/%6%&*1*1,.,&#."0%6%%-.,&0(&;(&0%7(,%*(-(&?-.@1,%&;-'"(*',(3&,%)%;%*(&!"&#.)5.)8& '&;.5("%*&!"*,:.&,(?%1"(&#'-0+3&1"0(&"%5("%&"1&'&/+F1*&/,(.0'*+&?$('6+3&';+&!"&)*',(&).-%0+8&K+&F%#(5&
H4"0&1"&01$&'&*(,5%"'*&2#.'-'&'#()*(%&;-'"(*(3&'"15%6%&!"?(,%&;-'"(*',%&!-&/.,&0(F@,+#'&0(&$'%"'& #+&'%&7+#1*&.&#+-+*.,%(&;,%"&'#(-(&,(?%1"%&2%&'%&-1'*&-(?+*1,'&#1&1"&@+2*%"'23&2%&0%"&1"'&!"&'-*'3&'&/("%*&
;-'"(*',+3&,(';+,4"0&-'&)1;,'7'6+&$'%"'&).-',+3&;.)(0'*+&0(&#4"0&'&/("%*&!"&'#()*&)%)*(5&).-',8&a&0'*'& /.,@'&0(&7,%?&2%&?$('6+8&G'&0()#,%(,%-(&*'-(&,(7(,%*.',(&-'&?$('6+3&@+2*%"'21-&*(&/'&!"*,(@'A&BC',&#(&(&
0();./+,'*&0(&!"/(-%21-&;-'"(*',3&01$1-&/'&;-(#'&!"&?,1;&#1&;',*%01-&)+13&#+-+1F%6%&0(&'"15%6%&!"?(,%& '#(('&?$('6+3&#+#%&!"&-%5@'&".')*,+&"1&(L%)*+&'2'&#(/'DE&P1&#'16%&)+:%&(L;-%#%3&0',&/.,@(-(&*'-(&"1:-&;.*&
;4"+&!"&F."'&'&R:'&'&K.',(-1%&".)*,18&C1;+&.&2(0(,(&.',(#',(&(%&/.,&;-(#'&.,%&);,(&.&'-*+&;-'"(*+&'& -+51,%3&0(.',(#(&7%%"6'&-1%&"1&'&/+F1*&"%#%.0'*+&';+&).-%0+8&à&/+F1*:.&-%#$%0+&2%&!"&)*',(&0(
'#()*1%&)%)*(53&.,%&#+*,(&1"&'-*&)%)*(5&).-',8&!"&'#()*&)#.;3&'"15%*(&("*%*+6%&).-',(&)1"*&0()(5"'*(&)'&
#."01#+&'#(')*+&#','/'"+&#(,(')#+&#1&)1;(,%.,1-&(%&;4"+&-'&-.#1-&%"0%#'*8
VZ_ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521' ?271"%#+,%&5%" & VZU
?(,

/';.,%3&0',&).-%0+&:&"%#%.0'*+8&S-&2*%(&#+&0'#+&/'&;1"(&54"'&!"&';+&7%',*+&)(&/'&.;+,%3&0',&#+&(L%)*'& '*,'#*%/&#.,();1"0(&)("*%5("*1-1%&41*(,%%&)'1&'#*%0%*+.%%&/.')*,(8&P'*+-&#,('*.,&*,%5%*(&!"&-15(3&)(#1"0+&
';+&).-%0+&#'&.&;%'*,+&"1&;.'*(&!"6(-(?(&0(-.#8 0(&)(#1"0+3&=1A%,('&#',(&-('?+&*.*1-3&1"1-&0(&'-*1-3&7%(&5',(3&7%(&5%#8&R',&?,'6%(&%")*,15("*1-1%&)+13&
!"&?("(,'-3&/.%&)1"*(6%&7'6+&0(&".%&!"&)%*1'6%'&@+2*%"'21-1%8&[+&/.,@%5&0(&(*(,&).-%03&-%#$%0&2%& (-(#*,%#%*'*('3&)'1&41*(,('&(8(#*,%0181%/&;1"(&*.*1-&!"&5%2#',(8&J%5%#&2%&"%5("%&"1&)(&;.'*(&.;,%&0%"&
?'F.)3&2%&,%0%#'6%&0%"&15(,%3&#+#%&'2'&#(/'&"1&'6%&/+F1*&)'1&)%56%*8&[+&0+5&0,(;*'*(3&0(.',(#(&*,1;1-& -1#,13&0(.',(#(&(&54"'*&5'%&0(;',*(&0(&;2,.'&'#*%0%*+.%%&)'1&(8(#*,%0+9
/.)*,1&"1&',(3&!"&)*'0%1-&'#*1'-&0(&(/.-16%(3&"%#%&1"&.,?'"&0(&)%56&!"&71"#6%1"(&#1&#',(&)+&'7-'6%&0(& H(%&0.%&#1,("6%&7-1%0%#%&;-('#+&0%"&K7(,'&#("*,'-+3&!"#."=.',+&1"%/(,)1-3&';.%&)(&!"*.,#&-'&K7(,'&
(L%)*("6'&'#()*.,&(*(,1,%3&!"&5%=-.#1-&#+,.,'&/+&5%2#'6%&2%&*,+%6%8&I/(6%Z.,?'"(&(*(,%#(&;("*,1&!",(?%)*,',('& #("*,'-+8&H1&'=1*.,1-&7-1%01-1%&'*,'#*%/3&C%/%"%*'*('&7%L('F+&!"&1"%/(,)1,%&7%(#',(&')*,13&-'&-.#1-&)+1&
-.,3&0',&(-(&"1&)1"*&#$(5'*(&!"#+&-'&/%'6+3&;("*,1&#+&"1&'&).Z)%*&*%5;1-3&5'=.,%*'*('&0%"*,(&/.%&"('/4"0& 0()*%"'*3&%',&#1&'=1*.,1-&(-(#*,%/1-1%3&;.',*+&'#()*(&')*,(&;(&0,151,%-(&/.%*(&0(&S'8
(/.-16%'&"(#()',+8 N,'6%(&(-(#*,%/1-1%3&#%,#1-+5&;,%"&);'6%1&2%&;1*(5&7'#(&0%7(,%*(&#.5@%"+,%&0(&7-1%0(3&04"0&"'2*(,(&
9,%"*,:.&/%'6+&)7%"6%*+3&)'1&#$%',&)74"*+3&1"%%&.'5("%&*,1;(2*%&'1&,(0(2*(;*'*3&'1&;1)&!"&71"#6%1"(& -'&.&%"7%"%*'*(&0(&#.,;1,%&7-1%0%#(&"(#()',(&".1+&2%&/%(6%%&0(&;,(*1*%"0("%8
5'%&0(/,(5(&'#()*(&.,?'"(&0(#4*&,()*1-&.5("%,%%8&I#(2*%'&"(&/+03&'10&2%&)%5*Q&/+0&#1,("6%%&(*(,%#%& I#(2*%&0.%&#1,("6%&/%"&0(&-'&P'*+-&#'&0.1+&742%%&;','-(-(&2%&!"&'"15%*(&-.#1,%3&P'*+-&-(&!"*,(*'%(3&-(&
'-(,?4"0&;,%"&);'6%%&2%&'1&".6%1"('&#."#,(*+&'&(L%)*("6(%&5'*(,%(%&(*(,%#(8 !"".'0+&1"1-&#1&'-*1-3&!"&/(0(,('&;,.01#(,%%&1".,&(7(#*(8
C(.#'50'*+&"1&;.*&0(#4*&)+&/+&/.,@()#3&01;+&#15&*1&'%&7%&/.,@%*&@+2*%"'21-1%&0();,(&?$('6+&U'*(,%'& I5&);1)&#+&'#(2*%&0.%&#1,("6%&/%"&0(&-'&H("*,1-&#,('*.,3&.#.-()#&-15%-(&2%&)(&!"*.,#&-'&H("*,13&;("*,1&
?-.@1-1%&*(,()*,1&;(&#',(&*,+%6%&)(&'7-+&)1@&;'*,1&)*+,%A&).-%0+3&-%#$%0+3&?'F.')+&2%&(*(,%#+&%',&"1&*,(%3& '&7%&,(?("(,'6%8&S%&;.,"()#&0%"&F."'&'&fRR:'3&;(,%7(,%#+3&'&U'5',1-1%3&2%&*.*&'#.-.&)(&!"*.,#8&a&0'*+&#1&
01;+&#15&'7%,5+&2*%%"6'&/.')*,+&.7%#%'-+8&!"&=1,1-&'#()*1%&?-.@&*(,()*,13&'5&);1)&#+&(L%)*+&.&'*5.)7(,+& ;-(#',('&-.,3&;.,"()#&2%&#,('6%%-(8&H(%&0.%&#1,("6%3&(-(#*,%/&2%&'*,'#*%/3&)1"*8&#+,+12%%&#',(&01#&2%&,('01#&
(*(,%#+ & 7.,5'*+ & 0%" & *,(% & #'*(?.,%% & ;,%"#%;'-( & 0( & (*(,8 & C', & !" & '7',+ & 0( & '#()*( & 5'*(,%%3 & ;,.;,%%& -15%-(&!"';.%8&o%(#',(&0%"&'#(2*%&0.%&#1,("6%&7-1%0%#%&)1"*&#.5;12%&0%"&;',*%#1-(&/%%3&7%%"6(&/%%3&0(&
;+54"*1-1%3&(-&5'%&#."6%"(&%5;,(?"'*&;81%5(&)28',(/&1"%0(,)%#(/&#2)7%#(&2%&#$%',&7'*(,%'&4,%7+/&0%"& "'*1,+&0%7(,%*+8&T"1-&-('?+&;+,6%-(3&-(&'*,'?(3&%',&#(-+-'-*&(&7.,6':/.%"6+8&T"1-&(&=1A%,('&1"%0(,)'8+/&
#',( & H("*,1-:G'@.,'*., & #,(('F+ & *.*1-8 & c(;(*3 & *.'*( & 7(-1,%-( & 0( & 5'*(,%% & 0%" & #',( & )1"* & 7+#16% & ).,%%3& #(-+-'-*&h2%".'&1"%0(,)'8+9
;-'"(*(-(&2%&)'*(-%6%%&-.,3&;,(#15&2%&.#('"(-(&0(&7-1%0(&!"&)4"1-&#+,.,'&)(&5%2#+&'#()*(&#.,;1,%&#(,(2*%3& 9,%"&R1@%,(&2%&[.%"6+3&H,('*.,1-&'&7+#1*&*.*&#(&/(0(5&2%&"1&/(0(58&H$%',&2%&%0(%-(&.51-1%&'1&!"&
)1"*&7.,5'*(&0%"&1"'&2%&'#(('2%&5'*(,%(&;,%5+A&7'*(,%'&(*(,%#+&"17+,18&1"19 =1,1-&-.,&'#()*(&0.1+&5'*(,%%8
R"&?'5'&"()74,2%*+&0(&7-1%0(&,%)%;%*(&!"&#.)5.)3&(L%)*+&0.1+&7-1%0(&);(#%'-(&#',(&0(*(,5%"+&)'1& H1&'-*+&.#'F%(3&'5&',+*'*&#+&".%3&#'&2%&/.%3&(5%*(5&%0(%8&S-(&)1"*&5'*(,%'-(&2%&'1&.&7.,5+&'"15%*+3&
0'1&"'2*(,(&-'&0.1+&7(".5("(A&7'-"(*%)718&2%&(8(#*,%#%*'*('9&9,%"&1,5',(3&9+54"*1-3&#1&*.'*(&7%%"6(-(& #%,#1-4"0&;,%"&/+F01$3&?,'6%(&7';*1-1%&#+&.&0'*+&#(&-(:'5&(L;1-F'*3&-(:'5&!5@,+#'*&#1&7-1%0&(8(#*,%0&2%&
2%&01$1,%-(3&',(&!"&)4"1-&)+1&7-1%0(&5'?"(*%#(&2%&(-(#*,%#(8 '*,'#*%09&C%"&'#()*&5.5("*3&%0(('&)(&/'&#.5;.,*'&#'&.&7%%"6+3&#'&1"&01$3&#%,#1-4"0&;,%"&);'6%%8&R0(%-(&
P.*&#(&(&).-%0&;(&;+54"*&()*(&%5;,(?"'*&#1&1"&7-1%0&;,.;,%13&#1&0(")%*'*('&#('&5'%&5',(&05& )1"* & #,('6%%-( & ".')*,(3 & #.;%%% & ".2*,%Q & 0( & '%#% & 2% & ,();.")'@%-%*'*(' & ".')*,+3 & !" & 71"#6%( & 0( & "'*1,' & 2%&
5%%-(&0(&7(-1,%&0(&7-1%0(8&G%#$%0(-(&'1&7-1%01-&-.,&#(/'&5'%&,',3&%',&?'F(-(&)1"*&/(2"%#&!").6%*(&0(& 0()*%"'6%'&#(&-(&/.5&0'8&9,%"&1,5',(3&%0(('&',(&1"&7%(M&:&);%,%*1-&(%3&!5@,+#'*&#1&.&$'%"+&7.,5'*+&0%"&
7-1%01-&-.,&#.,();1"F+*.,3&5'%&,',&2%&0%'7'"&7'6+&0(&#(-(-'-*(&0.1+&;,(#(0("*(8&C',&!"&'7',+&0(&5'*(,%'& 7-1%0&'*,'#*%/&2%&(-(#*,%/8
"15%*+&;(&"(0,(;*&0(&2*%%"6'&.7%#%'-+&5.',*+&)'1&'".,?'"%#+3&5'%&(L%)*+&;-'"*(-(3&'"%5'-(-(&2%&.'5("%%8& C1$1,%-(&#',(&"(&01#(5&(L%)*("6'&;(&'#()*&;+54"*&)'1&!"&=1,1-&)+13&'/(5&2%&".%&!"&#.,;1-&".)*,1&
S%&@%"(3&2%&'#()*(&7%%"6(&'1&7%(#',(&7-1%01-&-.,&);(#%'-3&0%"&#(&!"&#(&5'%&7%"8&9,%"&1,5',(3&(L%)*+&;81%5(&
7%"(,'8(/&0(-(*'8(/&'"%7'8(&2%&17'"(9 #(-(&0.1+&7(-1,%&0(&7-1%0(&:&'*,'#*%/&2%&(-(#*,%/8&N,'6%(&-.,&"(&;1"(5&!"&',5."%(&#1&'*,'#*%/1-&2%&
c(;(*3&#'&)+&"1&)(&7'#+&/,(.&#."71F%(8&!"=1,'%&;+54"*1-1%&(L%)*+&'*5.)7(,'&7-1%0%#+&'&'#()*(%& (-(#*,%/1-&1"%/(,)'-3&2%&!"&'#(-'2%&*%5;&#1&'*,'#*%/1-&2%&(-(#*,%/1-&K.',(-1%&".)*,1&2%&'-&;-'"(*(%&1"0(&"(&
;-'"(*(3&$'%"'&)'&7.,5'*+&0%"*,:1"&(*(,&0%"&#(&!"&#(&5'%&,',3&5'%&7%"3&;(&5+)1,+&#(&*(&!"0(;+,*(F%&0(& 7'#(5&2#.'-'8&N,'6%(&(-(#*,%/1-1%&#1&#',(&)1"*(5&!"#+,#'6%3&;1*(5&#%,#1-'&!"=1,'%&'#()*(%&;-'"(*(&)'1&
;+54"*&;(&1"'&0%"&,'F(-(&)'-(8&!"*,:.&#.51"%#',(&;,(#(0("*+&'5&0();+,6%*&'#(')*+&$'%"+&7-1%0%#+&!"& #.@.,!&-'&)1;,'7'6'&;+54"*1-1%8&z%"&)+:6%&7'#&#1".)#1*&#+&F."'&'&R%:'3&5%=-.#%(3&#('&%"0%7(,("*+&)'1&
*,(%& F."(&5',%3&1"0(& !2%&01#&/%'6'&#(-(&*,(%&#'*(?.,%%&0(&01$1,%&15'"(A&,.2%%3&'-@')*,(&2%&'-@(8& !"& "(1*,+3&#.")*%*1%(3&*.#5'%&;,%"&"'*1,'&)'3&.&;'/+F+&;+54"*1-1%8&C(&'#(('&)*,+@'*(5&7.',*(&?,(1&;,%"&
,('-%*'*(&'*5.)7(,'&7-1%0%#+&)(&0%/%0(&!"&*,(%&F."(3&F."(-(&)(&0%/%0&!"&*,(%&)7(,(3&)7(,(-(&:&!"&*,(%&%"(-(3& ('8&N,'6%(&(%3&/.%&"1&)1"*(6%&',1"#'6%&!"&);'6%1&2%&"%#%&"1&)1"*(6%&',2%&0(&#.5@%"+,%-(&(-(#*,%#(&;,.01)(&
%"(-(-(&:&!"&*,(%&);'6%%8&9,%"&1,5',(3&'/(5&V_&0(&);'6%%&,.2%%3&V_&0(&);'6%%&'-@')*,(&2%&V_&0(&);'6%%&'-@(3& !"*,(&(-(#*,%#%*'*('&1"%/(,)'-+&2%&#('&;-'"(*',+8
!"&*.*'-&v<&0(&*,(;*(3&#1&v<&0(&0(")%*+6%&'-(&'#(-1%'2%&7-1%0&'-&'#()*(%&;-'"(*(8&[.%3&.'5("%%3&*,+%6%&!"& J.%3&01$1,%-(&F."(%&'-@(3&)*,+@'*(5&#1&5',(&"(;-+#(,(Z&'@%)1,%-(&7-1%0%#(&;("*,1&'&/("%&=.)&-'&/.%Q&
'*5.)7(,'&'(,%'"+&0(&-'&)1;,'7'6'&;+54"*1-1%3&0',&!"&'#(-'2%&*%5;&,();%,'6%&2%&/+&5%2#'6%&!"&7-1%01-& .&7'#(5&#1&?,(1&0(.',(#(&)1"*(5&;,('&12.,%8&C%"&'#(')*+&#'1F+&*,(@1%(&)+&"(&!"?,(1"+53&'@).,@%"0&
,.213&#(-&5'%&0(")&'-&!"/(-%21-1%&)+1&7-1%0%#8 !"".%3&71-?(,+*.,3&*.'*+&?'5'&#(-.,&v<&0(&#'*(?.,%%&0(&7-1%0(8&P,(@1%(&)+&'/(5&!"&".%&7-1%0&0%"&F."'&
'ARR:'3&0'#+&/,(5&)+&)*+5&)'1&)+&#%,#1-+5&!"&'#(')*+&F."+8&P,(@1%(&)+&5'%&'0+1?+5&2%&7-1%0(-(&F."(%&
H(-(&*,(%&#'*(?.,%%&;,%"#%;'-(&0(&7-1%0(&#(&!"/(-()#&?-.@1-&;+54"*()#&'1&.&.',(#',(&)*'@%-%*'*(3&2%& '&R-R:'3&0(&-'&)1;,'7'6'&;+54"*1-1%3&#15&'5&7+#1*&'#153&#4"0&'5&/("%*&)+:6%&0%#*(F&'#(')*+&;,(-(?(,(8&
"1&)(&'5()*(#+&!"*,(&(-(3&#%&)(&!"*,(;+*,1"08&o-1%01-&F."(%&'-@(&;+*,1"0(&;,%"&F."'&'-@')*,+&2%&,.2%(3& 9,%"&/.%"6'&5('3&'@).,@&'#()*(&7-1%0(3&2%&*.*&;,%"&/.%"6'&5('3&-(&(-%5%"&0%"&#.,;1-&5(18&S-(&'1&7.)*&
;4"+&!"&#("*,1-&;+54"*1-1%8&o-1%01-&F."(%&'&R%:'3&'-@')*,+3&;+*,1"0(&2%&(-&F."'&,.2%(&0(&-'&)1;,'7'6'& '*,')(3&0',&"1&):'1&#.5@%"'*&#1&"%5%#&0%"&#.,;1-&5(18
;+54"*1-1%&2%&?-.@1-&;4"+&!"&#("*,1-&)+18&9,%"&1,5',(3&'#()*(&*,(%&7(-1,%&0(&7-1%0(&"1&)(&#.5@%"+&!"*,(& H1&'#(')*+&.#'F%(&)1"*&"(/.%*&)+:6%&0()*+%"1%&2%&.&'-*+&*'%"+8&H4"0&-1#,'6%&#(/'3&/+&)(,/%6%&0(&
(-(3&#%&)(&!"*,(;+*,1"0&1"(-(&;(&'-*(-(3&0(&)1)&!"&%.)8 54"+8&J.%3&01$1,%-(&)1;(,%.',(3&)1"*(5&)7(,%#(8&C',&#4"0&0.,()#&)+&/%"&-'&*%"(3&(5%*&.&;,(-1"?%,(3&#'&
C%"&'#()*(&7-1%0(&'&0(,%/'*&5'*(,%'&#1".)#1*+&0(&/.%3&'7-'*+&!"&)*',(&).-%0+3&-%#$%0+&2%&?'F.')+8& 2%&#15&',&7%&.&54"+3&.&;'-5+&2%&';1#&#1&('3&;,%"&;1*(,('&?4"01-1%&2%&'&/.%"6(%&5(-(&.&#'"*%*'*(&0(&
I2'0',&1"&7-1%0&)-+&-'&@'F'&).-%0(-.,3&'-*1-&#.")*%*1%(&*(5(-%'&-%#$%0(-.,3&2%&0%"*,:1"&'-*&7-1%0&):'1&7+#1*& 7-1%0&0%"&F."'&'&R%:'&2%&'&R-R:'&0%"&'*5.)7(,'&7-1%0%#+&*(,()*,+8&I#(')*+&'"(L+&;.'*(&7%&*(5;.,',+&)'1&
?'F(-(8&J15'%&!"&#'F1,%&,',(3&#4"0&%"*(,/%"&5',%&7.,6(&01$1'-(&)'1&7.,6(&(-(#*,.:5'?"(*%#(3&7-1%0(-(& ;(,5'"("*+3&;("*,1&#+&5(,(1&)1"*(5&;(&0,'51,%-(&'#*%/%*+6%%&".')*,(8
)(&;.*&*,'")7.,5'&)'1&#.5@%"'8&o(".5("1-&)(&;(*,(#(&!"*.#5'%&#'&2%&=.)&-'&/.%3&#4"0&).-%01-&:87%%"0& M
&C1$1,%-(&0%"&F."'&'&R:'3&'/(5&.&7.,5+&)7(,%#+3&0',&#1&1"&5%#&';("0%#(&!"&;',*('&%"7(,%.',+8&K1"*(5&
)1;1)&7.,6(%&"15%*+&#+-01,+&:&)(&-%#$(7%'F+8 #'&1"&#';&0(:'-&/.)*,1&#1&;16%"&?4*8&G'&01$1,%-(&0%"&F."'&'&R%:'3&'#(')*+&;,.(5%"("6+&()*(&7.',*(&
K;1"('5 & #+ & !" & '7',+ & 0( & '#()*( & *,(% & 7-1%0( & ;-'"(*',(3 & (L%)*+ & ;,%"*,( & (-( & %5;,(?"'*( & 2% & 7-1%0(& 0(F/.-*'*+3&'/4"0&');(#*1-&1"1%&@1)*&0(:'-&/.)*,18&!"&7%"(3&01$1,%-(&0%"&F."'&'&R-R:'3&'1&;(&'#()*&@1)*3&
5'?"(*%#(&2%&5'%&'-()&(-(#*,%#(8&C%"&'#(')*+&#'1F+&;+*1,'&0(&=.)3&0(&-'&)1;,'7'6'&;+54"*1-1%3&7.,5'*+& -'*(,'-3&;'*,'&';("0%#(3&#.,();1"F+*.',(&5(5@,(-.,&/.')*,(8&I#()*(&01$1,%&)#$%6('F+&7.,5'&15'"+3&
0%"&7-1%0& ,.213 &)( &#.5;.,*+& #'&7%%"0 &"(-'*%0&(8(#*,%#+9 &9+*1,'&7-1%0%#+&8'-@+3&#('&)1;(,%.',+3&()*(& '/4"0&.:)7(,+&#.,();1"F+*.',(&#';1-1%3&.&'&0.1'&)7(,+3&#(/'&5'%&5',(3&#.,();1"0(&*,1"#$%1-1%e&2%&!"&
42M%*%0&(8(#*,%#+9 &9+*1,'&7-1%0%#+&'-@')*,+3&0(&-'&5%=-.#&()*( &"(1*,+9 &C%"&;1"#*&0(&/(0(,(&5'?"(*%#3& 7%"(3&0.1+&';("0%#(&7-1%0%#(&)1;(,%.',(&#.,();1"F+*.',(&54%"%-.,&2%&0.1+&%"7(,%.',(3&#.,();1"F+*.',(&
)%*1'6%'&()*(&%"/(,)+8&W."'&'&R-R:'3&,.2%(&()*( &42M%*%0&'*,'#*%0+ &)'1&5'?"(*%#+Q&F."'&'&R:'3&'-@+&()*(& ;%#%.',(-.,&/.')*,(8
"(-'*%0&'*,'#*%0+/&%',&F."'&'&R%:'3&'-@')*,+&()*(&%"5%;(,("*+/&7%%"0&.&F."+&')1;,'&#+,(%'&)(&-1#,('F+&#1& J15'%&".%3&#(%&0%"&F."'&'&R:'&;1*(5&!5@,+#'&2%&0(F@,+#'&'-*(&7-1%0(Q&H(%&0%"&F."'&'&R-R:'&)'1&'&R%:
5',% & )7.,6+,%3 & 2% & )( & %"7-1("6('F+ & #1 & 5',( & ?,(1*'*(8 & !" & ,(F15'*A & =.) & ( & "(?'*%/ & (-(#*,%# & 2% & ;.F%*%/& '&"1&;.*&/("%&-'&".%&0(#4*&)1@&#."01#(,('&".')*,+3&(%&"(2*%%"0&)+&0(F@,'#(&7-1%0(-(&F."(%&-.,8&J15'%&
5'?"(*%#3e&)1)&(&;.F%*%/&(-(#*,%#&2%&"(?'*%/&5'?"(*%#3&%',&-'&5%=-.#&:&"(1*,1&)'1&%"0%7(,("*8 (/.-16%'&!6%&;(,5%*(&)+&7'#%&'"15%*(&.;(,'6%%8&H(%&0%"&F."'&'&Rg:'&"1&;.*&1,#'&!"&F."'&'&R%:'3&%',&#(%&0%"&
z%"&)+:6%&'*,'?&'*("6%'&#+&'#(')*+&(-(#*,%#%*'*(&()*(&0%7(,%*+&0(&#('&#1".)#1*+&2%&!"*,(@1%"6'*+&0(&/.%& F."'&'&R%:'&"1&;.*&/("%&-'&".%3&!"&F."'&'&R:'8&I#(')*+&-(?(&()*(&/'-'@%-+&2%&;("*,1&".%A&"1&;1*(5&1,#'&!"&
;(&;+54"*8&S-(#*,%#%*'*('&/.')*,+&(&7.,5'&#('&5'%&?,.).-'"+&'&(-(#*,%#%*+6%%&1"%/(,)'-(8&Z F."'&'"?(-%#+&2%&0(#%&0(F@,+#'&#.5;-(*&7-1%01-&F."(%&".')*,(3&7+,+&%"*(,/("6%'&1"(%&7.,6(&'"?(-%#(8&
H(-(&0.1+&7-1%0(&0%7(,%*(&:&(-(#*,%#&2%&5'?"(*%#3&)'13&#1&*(,5("%&5'%&;.*,%/%6%3&(8(#*,%0&2%&'*,'#*%0&:& 9,(#15&,45'&"1&;.'*(&*,+%&-'&)1;,'7'6'&).-1-1%3&;(2*(-(&!"&'7','&';(%&2%&.51-&0%"#.-.&0(&;+*1,'&0(&'(,3&
)1"*&0.1+&7.,6(:%")*,15("*(&'-(&C%/%"%*+6%%3&#1&#',(&#."01#(&2%&)*+;4"(2*(&*.*1-&!"&#.)5.)8&o-1%01- 01$1,%-(&;+54"*1-1%&"1&)(&;.*&!"+-6'&;()*(&F."'&1"0(&(/.-16%'&%:'&7%L'*&)+&*,+%')#+8
VZV >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&a&F&521'&#',*( ?271"%#+,%&5%"&?(, VZW

I5&',+*'*&#+&7-1%01-&F."(%&'-@(&)*,+@'*(&7-1%01-&F."(%&'-@')*,(&2%&,.2%%8&9,%"&1,5',(3&'%#%3&;,%"*,(& J.%&#1".'2*(5&51-*(&#.5@%"+,%&0(&(*(,1,%3&0',&5'%&'/(5&0(&#1".)#1*&7.',*(&51-*(8&P.'*(&'1&
.'5("%3&)(&'7-+&!"&#('&5'%&5',(&#'"*%*'*(&7-1%01-&,.21&'-&F."(%&'&R-R:'3&.&#'"*%*'*(&5'-&5%#+&0%"&7-1%01-& 7.)*&;,(?+*%*(&!"&G'@.,'*.,1-:U'5',8
'-@')*,1&'-&F."(%&'&R%:'&2%&7.',*(&;16%"&7-1%0&'-@&0%"&F."'&'&R:'8&T"(.,%&)(&!"*45;-+&#'&7-1%01-&0%"&F."'& K7(,'&0%/%"+&()*(&'-#+*1%*+&0%"&0.1+&;+,6%&%5;.,*'"*(A&1"'&#("*,'-+3&"15%*+&?("*,18&-E"5%*2,/&2%&
'&R%:'&)+&)(&'7-(&!"&#'"*%*'*(&;,('&5',(&!"&F."'&0(&=.)3&'&R-R:'8&I*1"#%3&#(%&0.%&#1,("6%&7-1%0%#%&:&'*,'#*%/& '-*'&;(,%7(,%#+3&"15%*+ &?("*,18& #,('*2,9 &C();,( &H("*,1-&?4"0%*.,&"%5("%&"1 &2*%(& "%5%#3 &0(.',(#(&
2% & (-(#*,%/ & : & /("%"0 & #+*,( & )1;,'7'6' & ;+54"*1-1%3 & ;,./.'#+ & ;(,*1,@+,% & '*5.)7(,%#( & 5'"%7()*'*( &;,%"& "%5("%&"1&'&;+*,1")&!"&S-3&)+&/'0+&#15&()*(&2%&#(&)(&;(*,(#(&!"&)4"1-&K+18&J%#%&#$%',&5',%-(&2%&
71-?(,(&2%&0()#+,#+,%&(-(#*,%#(3&!"&1,5'&#+,.,'&7-1%01-&0(&'%#%3&0(&=.)3&)(&(-%@(,('F+&0(&7-1%01-&'-@')*,13& )*,+-1#%*(-(&I1L%-%',(&'-(&P'*+-1%&#(,()#&"1&2*%1&#15&()*(3&0%"&#(&()*(&7+#1*&'#()*&H("*,1&?4"0%*.,8&
0(&5'%&)1)8&H'-51-&2%&',5."%'&(L%)*+&"15'%&#4"0&)(&;+)*,('F+&,';.,*1-&0%"*,(&#(-(&*,(%&(*(,1,%&'-(& S5%*&2%&S-(&#'&2%&".%3&01$1,%&15'"(3&%;.*(F(&')1;,'&#.")*%*16%(%&'#()*1%&H("*,18
'*5.)7(,(%&7-1%0%#(&'-(&9+54"*1-1%8 C%"&F."'&%"*(,"+&'&U'5',1-1%3&o%%%&0(&C15"(F(1&/+0&N-.@1-:c();%,'*.,3&0',&"1&2*%1&"%5%#&0();,(&
[("%"0&0(&-'&H("*,13&7%(#',(&#1,("*&'01#(&#(/'&2%&-'&!"*.',#(,(&);,(&H("*,1-&#,('*.,&%'&#(/'8&C(& #15&(&!"+1"*,1-&K+13&;("*,1&#+&"1&;.*&%"*,'&!"&S-3&@'&#$%',&"%#%&"1&)(&;.*&';,.;%'3&7%%"0&)(;','6%&
')(5("('3&0%"&)4"1-&;+54"*1-1%&;.,"()#3&#'&0%"*,:1"&'#151-'*.,3&0.%&#1,("6%A&'*,'#*%/&2%&(-(#*,%/8&S%& ;,%"*,:1"&);'6%1&15;-1*&#1&.&5'*(,%(&#(&,();%"?(&.,%#(&!"#(,#',(&0(&';,.;%(,(&0(&K7(,':c();%,'*.,8&a&
)(&#.5@%"+&#1&#(%&0.%&#1,("6%&:&'*,'#*%/&2%&(-(#*,%/&:&).)%6%&0%"&);'6%%-(&)%0(,'-(&'-(&1"%/(,)1-1%&".)*,18& /+0&#1&*.6%%3&0',&"1&;.*&;,%/%&51-*&-'&('3&;("*,1&#+&0%"&)4"1-&S%&(5'"+&.&("(,?%(&#',(&!%&$%;".*%F('F+8&
!"&'#(-'2%&*%5;&9+54"*1-&');%,+3&')(5("('&1"(%&;.5;(3&'"15%*(&#'"*%*+6%&0(&7-1%0(&).)%*(&0%"&);'6%18& I2'0',3&"%#%&;,%"&.@)(,/',(&"1&;.*&0(01#(&"%5%#&0%"&#."6%"1*1-&K7(,(%:c();%,'*.,8&H1&'#(')*+&.#'F%(&'5&
S-&0(#%&(5%*(&2%&'@).',@(8&I)(5("('&K.',(-1%3&1"%/(,)1,%-.,&2%&'&K7(,(%&0%/%"(3&9+54"*1-&(L(#1*+&2%& )+:6%&!"#,(0%"6(F&!"#+&.&*'%"+8&T"%%&0%"*,(&/.%&;1*(6%&'0.,5%&;(&1"&'-*1-3&0',&)+&2*%6%&#+&2%&".%3&01$1,%-(3&
(-&.&12.',+&0%-'*',(&2%&#."*,'#*',(3&.&%");%,'6%(&2%&(L;%,'6%(8 ;1*(5&$%;".*%F'&1"&01$&%"7(,%.,&".1+8&C%/%"1-&P'*+&#("*,'-&(5%*(&0%"&)4"1-&K+1&.&7.,6+&'*4*&0(&
C'#+&9+54"*1-&":',&'/('&;1*(,('&)'&0(&'*,'#6%(&2%&,(6%"(,(3&',&7%&,+;%*3&7%%"0&'*,')&0(&K7(,'&0%/%"+3& ;1*(,"%#+3 & !"#4* & ;( & .,%#( & 01$3 & 7%( & (- & #$%', & o%1 & 0( & C15"(F(13 & !- & '0.',5(3 & !- & $%;".*%F('F+3 & !-&
!"&?("(,'-3&#1&#4*&.&5'*(,%(&)(&';,.;%(&0(&)*',('&).-%0+3&#1&'*4*&7.,6'&)'&'*,'#*%/+&()*(&0%"&#(&!"&#(&5'%& #.;-(2(2*(3&%',&-'&0(2*(;*',(&'#()*'&"1:2%&/'&'5%"*%&"%5%#8&R'*+&0(&#(&0%/%"'&K7(,+:c();%,'*.,&"1&)(&
5',(8&I2'0',&#1&?,(1&)(&;.'*(&,+;%&)'1&0(7-1%0%F'&0(&'%#%3&0(&;(&;+54"*3&.&;%'*,+3&1"&-%#$%0&)'1&1"& ;.'*(&)*10%'&0%"&;1"#*1-&0(&/(0(,(&'-&#.5;.F%6%(%&)'-(8
?'F3 & 0', & )( & ;.'*( & 71,' & 12., & 7-1%01- & '-@ & '- & F."(% & ".')*,(3 & #(- & 5'% & 12., & 0%"*,( & *.'*( & 5'*(,%%-(& H';1- & K7(,(% & #("*,'-(3 & )'1 & N4"0%*.,1-3 & (5%*( & ;(,%.0%# & 0%" & )4"1- & K+1 & ;',*%#1-( & 5%#,.)#.;%#(&
9+54"*1-1%8&J.,.#&#+&7-1%01-&'-@&()*(&%"7%-*,'*&!"&F."'&'&R%:'&2%&'&R-R:'3&;,(#15&2%&!"&'04"#1-&?-.@1-1%& "15%*(&%0(%3&;,.%(#*'*(&!"&c();%,'*.,3&1"0(&)1"*&!"/(-%*(&#1&.&;(-%#1-+&0%"&)1@)*'"6'&'#()*(%&K7(,(&
".)*,13&6%"4"01:)(&0(&;+54"*&')(5("('&1"1%&#.;'#&;,%"&,+0+#%"%-(&)'-(8 :#',(&()*(&.&7'*(,%(&"(*,'");2,7'A%8+9&9(&#4"0&!"&N4"0%*.,&%0(%-(&"1&'/('1&"%#%&.&7.,5+&,(?1-'*+3&!"&
I%#%3&-'&)1;,'7'6'&;+54"*1-1%3&)(&;,.01#&#(-(&5'%&51-*(&#.5@%"+,%&0(&7-1%0(8&9(&5+)1,+&#(&"(& c();%,'*.,&0.@4"0()#&.&7.,5+&;(,7(#*&)7(,%#+8&I#()*(%&%0(%&)7(,%#(&)+:%&0+5&"15(-( &5(;2,7+682-2) &
,%0%#+53&#.")*'*+5&#+&(-(&)1"*&5'%&;16%"(3&5'%&,',(8&C%"&#'1F'&'#()*.,&7,+54"*+,%3&#.5@%"+,%&2%& )'1&;2,82-2)9
0()7'#(,%&0(&7-1%0(3&)*'6%."',('&".')*,+&-'&)1;,'7'6'&;+54"*1-1%3&()*(&0(.)(@%*&0(&"(;-+#1*+8&C'#+&"1& U'*(,%' & c();%,'*.,1-1%3 & #' & 2% & #(' & ' & H';1-1%3 & "1 & )( & #.")15+ & "%#%.0'*+3 & ;("*,1 & #+ & K7(,' & 0%/%"+&
5%:'2 & #."#("*,' & '*("6%' & 2% & /.%"6'3 & #1,("6%% & /%.-("6% & 0%" & '#(')*+ & F."+ & 5:', & ',1"#' & 2% & ,+)*1,"'3& '@).',@(&5(,(1&0%"&R"7%"%*&5'*(,%(&".1+3&#',(&;,%"&U'5',&2%&c();%,'*.,&'=1"?(&!"&H';1-&#("*,'-3&!"&
0(F@,+#4"01:5+&0(&7-1%0(-(&!5@,+#'*(&;("*,1&'&;1*('&#.@.,!8&I)*7(-&0(F@,+#'*&':2%&7%&'*,')&#'&71-?(,1-& 5.5("*1-&#."*,'#*+,%%&K'-(3&K7(,':c();%,'*.,&',1"#+&0%"&)4"1-&K+13&!"&U'5',3&7.,-.?.)1,%-(&#,('*(8&
0(&'*,'#*%/1-&F."(%&5(-(&'-@(&0(&)1)8 K.)%*(&!"&;,%5'&F."+&%"*(,"+&'&U'5',1-1%3&5',%-(&G15%"%&0%/%"(&0(&'#.-.3&o%%&0(&C15"(F(13&-(&;,%"0&
P(,5%"4"01:5%&)1@%(#*1-&;,.;1)&;("*,1&'F%3&!5%&0(F@,'#&#$%',&'#153&!"&'#(')*+&#'5(,+3&7-1%01-& 2% & -( & %"*,.01# & !" & #.,;1- & -., & ;(,%);%,%*1'-8 &I/4"01:-( & !" & %"*(,%.,3 & -( & )%5*3 & -( & '"'-%F('F+ & 2% & -( & '7-+&
F."(%&'&R-R:'&2%&'&R%:'3&2%&!"&#4*(/'&)(#1"0(&/.%&7%&)1)3&'#')+&-'&5%"(8&H1&#(&121,%"6+&5+&,%0%#&!"&"%/(-1-& 0()*%"1-3&01;+&#',(&-(&)#.*&'7',+&2%&-(&!5@,'#+&#1&.&#'"*%*'*(&0%"&5'*(,%'&F."(%&-.,3&#'&2%&#15&-(:',&
5(1&2%&#1&#4*+&?,(1*'*(&2%&)%-+&!5@,'#&;()*(&5%"(&7-1%0(&?,.).-'"(3&'/1*(&!"&'-*(&51-*(&5%%&0(&)(#.-(3& !"/(-%&#1&1"&/.'-3&5'*(,%'&F."(%&-.,&7%%"0&)(5%*,'")7.,5'@%-+8&I2'0',&7.,-.?.)1-&'&;,%5%*&.&'&0.1'&
#'&/($%#.-(&7-1%0%#(&!"&=1,1-&)#4"*(%%&0%/%"(M !"/(-%*.',(3&0(&'#(')*+&0'*+&)(7%*,'");2,7'A%8+9
C%"&#'1F'&"("15+,'6%-.,&#1,("6%&2%&;(,*1,@+,%&(-(#*,.:5'?"(*%#(&'-(&9+54"*1-1%&2%&'-(&7-1%0(-.,& C1;+&#(&%:'1&/.,@%*&0(&P'*+-3&0(&%1@%,('3&!"6(-(;#%1"('&2%&;1*(,('&K'&0(&"(#1;,%")3&7.,-.?.)1-&()*(&
0%"&F."'&'&R-R:'&2%&'&R%:'3&01$1,%-(&%"7(,%.',(3&#4"0&/.,&)+&)(&01#+&0(&'%#%3&0(&(L(5;-1&-'&9',%)3&;,(7(,+& *,%5%)&!"&F."'&'&R-:'&5'5',+3&'&K7%"*(-.,&C1$1,%&0%/%"(8&I%#%&)(&;(*,(#(&'#(-'2%&;,.#()3&2%&-'&1,5+&
!"*4%&)+&1,#(&-'&5',?%"('&F."(%&-.,3&';.%&)+&5(',?+&;','-(-&#1&)1;,'7'6'&;+54"*1-1%3&2%&)+&#.@.',(& 7.,-.?.)1-&()*(&!"/(-%*&#1&1"&'-&0.%-('&/.'-&)(5%*,'")7.75'@%-8&C1;+&#(&%&):'&/.,@%*&0(&-(?%&2%&#,('6%%&
"15'%&#4"0&'1&'=1")&0(')1;,'&9',%)1-1%8 2%&%&):'&0(F/.-*'*&.&;1*(,"%#+&5(5.,%(3&!-&*,%5%*&!"&F."(-(&1,5+*.',(&'-(&U'5',1-1%8
I/4"0&.&#.")*,1#6%(&5')%/+3&?,(.'%(3&*,1;1-&/.)*,1&"1&)%5*(&/',%'6%%-(&2%&5%2#+,%-(&(*(,1-1%3&;'2%%& 94"+&'%#%3&7.,-.?.)1-3&#1/4"*1-&)'1&%0(('&0%/%"+&(5%)+&0(&H';3&'&7.)*&!"/(-%*+&!"&*,(%&*1"%#%A&.&
/.2*,%&7%%"0&)*'@%-%&2%&)%?1,%8&J.%3&7%%"6(&12.',(&2%&0%'7'"(3&)1"*(5&54"'*(&0(&#.-.:#.-.3&#'&.&@',#+&;(& ;(-%#1-+&0(&5'*(,%(&"(*,'")7.,5'@%-+3&'&c();%,'*.,1-1%3&2%&0.1+&;(-%#1-(&0(&5'*(,%(&)(5%*,'")7.,5'@%-+3&
/'-1,%-(&.#('"1-1%8&J.,.#&#+&0%/%"1-&H,('*.,&"(:'&0'*&;1*(,('&/.%"6(%&0(&'&!"/%"?(&'#()*(&7.,6(3&#(& 0%"&F."'&'&R:'&2%&'&RR:'&'&U'5',1-1%3&#.")*%*1%"03&!"&'")'5@-13&.&1"%*'*(&);%,%*1'-+&"15%*+&51$/&)4%,%*&
7,+54"*+&.#('"1-&(*(,%#&'-&1"%/(,)1-1%8 )'1&("*%*'*(&)4%,%*1'8+9
K;%,%*1-&'&)*'*&51-*&*%5;&!"&F."(-(&K7%"*(-.,&C1$1,%&0%/%"(&2%&01;+&#(&'&;,%5%*&*.'*(&#1".2*%"6(-(&
"(#()',(3&()*(&*,%5%)&!"&#(-(-'-*(&F."(&5'5',(3&7.,5'*(&0%"&5'*(,%(&*,'")7.,5'@%-+8
K+&;,()1;1"(5&#+&0%"&K7(,'&0%/%"+&',&#.@.,!&'%#%&1"&o%1&0(&C15"(F(18&C'#+&'#(')*+&o.,6+&
C1$1-&#1&#(-(&2';*(&!"/(-%21,% #.-.)'-+&-14"0&1"&01$&0(&'%#%3&2%&;,%"&!"'-*'&K'&2*%%"6+&',&!"#(;(&)+:<&0(F@,'#(&;(&,4"0&0(&$'%"(-(&)'-(&
7-1%0%#(3&'5&/(0('&#15&,%0%#4"01:%&!"/(-%21-&;-'"(*',3&/'&';',(&-'&(L*(,%.,&!"/(-%21-&).-',3&,%0%#4"01:<&
2%&;(&'#()*'3&/'&';',(&!"/(-%21-&1"%/(,)%#3&0(F@,+#4"0&2%&'#()*&!"/(-%23&/'&';',(&!"/(-%21-&#.)5%#&2%3&!"&
U'*(,%%-( & 0%" & #',( & )1"* & '-#+*1%*( & ;-'"(*(-(3 & )*(-(-( & : & !"*,(?1- & #.)5.)3 & 2% & #.,;1,%-( & 01$1,%-.,& 7%"(3&!"/(-%21,%-(&5'5',(8&H4"0&01$1-1%&%:'&7.)*&,%0%#'*+&2%&#('&0%"&1,5+&$'%"+&5'5',+3&';',(&0(.0'*+&
15'"(3&'"?(-%#(3&'&5',%-.,&N1/(,"'*.,%&).-',%3&;,(#15&2%&'&#(-.,&0%"&H("*,1-&#,('*.,3&#.")*%*1%(&1"& 1"&5%#&?-.@&0(&7.#3&#(&',1"#+&.&-15%"+&.,@%*.',(3&-'&#',(&0'#+&'5&;,%/%&5'%&-1"?3&'5&'0.,5%&#1&*.6%%8&
5',(&5%)*(,3&!"&#',(&"1&.,%#(&01$&(&#';'@%-&)+&;+*,1"0+8 K+&;,()1;1"(5&'#15&#+&o%1-&0(&C15"(F(1&%:',&0'&0,151-&0%"&#';*%/%*'*('&K'3&%5(0%'*&'5&/(0('&#+&
!"&%"#.5(")1,'@%-'&)7(,+&'&#,('6%%-.,3&0%)*%"?(5&0.1+&7(-1,%&0(&5'*(,%%A '#(')*+ & )7(,+ & )*,+-1#%*.',( & ',& ;.,"% & #1 & . & /%*(F+& 7'"*')*%#+3 & )*,+@+*4"0 & 1"%/(,)1-3 &#.)5.)1-3 & K7(,'&
U97'*(,%'&*,'");2,7'A%8+] 0%/%"+3&2%&',&%"*,'&0%"&".1&!"&H';&)'1&K7(,'&?4"0%*.',(3&1"0(&)(&/'&'-+*1,'&5%-%',0(-.,&0(&;',*%#1-(&#(&
V97'*(,%'&"(*,'");2,7'A%8+9 7.,5('F+&H("*,1-&)1;,(58
9(&#4"0&5'*(,%'&*,'")7.,5'@%-+&%"*,+&!"&)7(,'&)%561,%-.,&2%&'&;.)%@%-%*+6%-.,&".')*,(&0(&#(,#(*',(3& G.?.):1-&'&7.)*&#,('*&!"&H("*,1-&5%)*(,%.)&2%&%"'@.,0'@%-3&'0%#+&):'&!"*,1;'*&0(&-'&P'*+-&2%&0%"&
')1;,'&5'*(,%(%&"(*,'")7.,5'@%-(&)1"*(5&"(;1*%"#%.')(3&2%&0(#%&"1&#1".'2*(5&#.5;.F%6%'&(%8 U'5',3&U'5'&)'&7(#%.',+3&):'&7+#1*&01$8&c(-%?%'&#,(2*%"+&()*(&.&,(-%?%(&(F.*(,%#+&;,%"&"'*1,'&(%8&
U'*(,%'&*,'")7.,5'@%-+&#.")*%*1%(&#.)5.)1-3&0(&-'&5'*(,%'&(*(,%#+&#('&5'%&7%"+&2%&%"/%F%@%-+3&;4"+& P,(@1%(& )+ & ';,.71"0'6%& #(-( & )#,%)(& !"& #+,6%-( & (% & )'#,(3 & 2%& "1& )+ & !"-.#1%6%& . &#."#(;6%(& 7%F%.-.?%#+3&
-'&5'*(,%'&#('&5'%&#."#("*,'*+3&*'"?%@%-+&2%&'"'-%F'@%-+&#$%',&0(&.51-&*,1;()#8&P.'*(&'1&;.,"%*&0%"& ".,5'-+3&;,%"&#',(&):'&#,('*&*,1;1-&H(-1%&#(&):'&7+#1*&.5&2%&):'&"15%*&R)1)&H$,%)*.)3&#1&#."#(;6%'&
K7(,'&#,('*.',(3&0%"&;',*('&)'&(L*(,"+3&"15%*+&#."/("6%."'-&U'5+&)'1&U'5',8 #,(+,%%&01$1-1%&!"&K7(,'&0%/%"+8
G'&,4"01-&(%3&5'*(,%'&*,'")7.,5'@%-+&()*(&0(&0.1+&7(-1,%A&)%748+&2%&#2741)+9 !"&-15('&".')*,+&"%5("%&"1&;.'*(&#."#(;(&%0(('&#+&C%/%"1-&K.-',&'&!"#+-#'*&-(?%-(&7%,%%&)*'@%-%*(&
U'*(,%'&)%5;-+& ()*(& 7.,5'*+&0%"*,:. &)%"?1,+&)1@)*'"6+3&0',& )( &;,(F%"*+&)1@&0%7(,%*(&?,'0(& 0(& 0(&P'*+-3&;("*,1&*.6%&2%&0%"&/(2"%#%(8&S-&):'&"+)#1*&;,(#15&)(&"')#&*.6%&.'5("%%8&H(-(&);1)(&!"&#+,6%-(&
#."0(")',(8&U'*(,%'&#.5;1)+&'&;,./("%*&0%"&#.5@%"',('&'&0.1+3&*,(%&)'1&5'%&51-*(&7(-1,%&0(&5'*(,%%& /.')*,(& )7%"*(& )1"*& (L;1"(,('& #(-.,& ;(*,(#1*(&!"& K7(,'& 0%/%"+3& *,'");1)(&;(&".*(-(& -15%%& /.')*,(&
)%5;-(3&;("*,1&'&7.,5'&.&%"7%"%*'*(&0(&5'*(,%%&(*(,%#(&#.5;1)(8 *(,()*,(8
VZX >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"&?(, VZY

a,@%*.',('&)#4"*(%(&0%/%"+3&#.,;&0%"&H.,;1-&P'*+-1%3&7.,5'*+&0%"&5'*(,%(&"(*,'")7.,5'@%-+3&'&7.)*& U1-*(&;+,(,%&?,(2%*(3&'-(&.'5("%-.,&"(2*%1*.,%3&/.,&7%&!"-+*1,'*(&0(&2*%%"6'&15'"+&0(&54%"(8&P.*&
'#.;(,%*+&#1&5'*(,%%-(&*,'")7.,5'@%-(&'-(&K7(,(%&#,('*.',(A&<8&$'%"'&*+*',+Q&V8&$'%"'&7%1-',+Q&X8&$'%"'& ?,'6%(&2*%%"6(%3&-15('&/'&!"6(-(?(&2%&#1".'2*( &(*(,18/&1"5(8(/&)1;8(*18 &2% &)4%,%*18/ &0.,%"0&)+&%"*,(&!"&
01$1'-+Q&d8&$'%"'&#.)5%#+Q&\8&$'%"'&1"%/(,)%#+Q&^8&$'%"'&).-',+Q&_8&$'%"'&;-'"(*',+<8 -(?+*1,+&#1& ".%8&a51-&0(&2*%%"6+&/'&7%&1"& K74"*&R.'"3&'"*(5(,?+*.,1-3&;,(?+*%"0& #'-('&".')*,+3&'&
K15',3&7.,-.?.)1-&'&7.)*&!5@,+#'*&#1&2';*(&*1"%#%3&;("*,1&'&)(&7.,5'&.51-&01$8&I5&F%)&)15',3& .'5("%-.,&);'6%'-%3&#',(&/.5&-15%"'&2%&-'%#1-3&2%&;,(.*1-&,(-%?%(%&/%%*.',(8
#+#%&!"&,('-%*'*(&(-(&)1"*&".1+3&01;+&#15&/.5&/(0('&#1&'-*+&.#'F%(8 p%(*1-&/.)*,1&;,(.*&!"/'6+&!"&)(5%"',&0();,(&'*4*('&7(".5("(&;)%$%#(3&@%.-.?%#(3&7%F%#(&2%&#$%5%#(3&
0()#,%)( &!"& K74"*' & S/'"?$(-%(8 &R &):' &(L;-%#'* & #15&):'1& 7+#1*& '#(-( & B5%"1"%ED& J13 & 0(.',(#( &"%#%&
;,.7().,%%&)+%&"1&#1".)#&I0(/+,1-8&['&/("%&.51-&0(&2*%%"6+3&1"&5',(&);%,%*&0%"&#('*'&;,(.6%-.,&2%&
',$%(,(%-.,& #(,(2*%3& #',(& 7%%"0& !"*,1;'*3& -(& /'&0'& *.'*(&(L;-%#'6%%-(3&#1".2*%"6(-(& ;,%5%*(& 0(& -'& ".%3&
!"#$%K)$6&9#(*#0(.&)8#)7')5&. #(,%("%%3&2%&#.51"%#'*(&-.,&#'&.'5("%3&#1&!"/.%,('&K74"*1-1%&C1$&2%&'&C%/%"1-1%&".)*,1&K.-',8
J1& '#1F&;(&"%5("%3&0',&;.*&);1"(& #+&0(:'& -1"?1-&/('#1,%-.,&):'& )*,(#1,'*&2%& "(?$%"+& ;,%"*,(&
o%(#',(&01$&,4/"(2*(&)+&#1".')#+&0%"&*.'*(&,'51,%-(&#1?(*+,%%&.5("(2*%3&0',&!%&;-'#(&)+&)(&0(0%#(& )-1=%*.,%%&@%)(,%#%%8&9,%"&/%'6'&2%&7';*(-(&-.,3&'#(2*%'&'1&;%(,01*&-(?+*1,'&#1&H(,1-&2%&"('/4"0&-15%"'&0(&
!"&1,5+,%,('&2%&'04"#%,('&1"1%&'"15%*&0.5("%18&9,%"&1,5',(3&(L%)*+&);(#%'-%F',(&2%&-'&".%8 )1)3&'1&)#,%)3&!"-.#1%*&)'1&%"*,.01)&%0(%&%"(L%)*("*(&!"&*(L*1-&.,%?%"'-&'-&)7%"6%-.,&';.)*.-%&(/'"?$(-%2*%8&
K+&"1&#,(F%&#+&);(#%'-%F4"01:)(&!"*,:.&'"15%*+&0%,(#6%(3&5',%-(&01$1,%&,+54"&"(2*%1*.',(&!"&'-*(& I)*7(-&'1&;-+)51%*&7'-)1-&,(7(,%*.,&-'&!"/%(,('&5.,6%-.,&!"&*,1;1,%-(&-.,8&!"&#',(D&#+#%&01$1-&15'"&'&
0.5("%%8&H'&(L(5;-1&-:'6%&'/1*&#$%',&;(&C%/%"1-&".)*,1&K.-',8&H(&%"*(-%?("6+M&H(&#1".2*%"6(M&H(& !5@,+#'*&5%%&0(&*,1;1,%3&7+#1*(&;,'7&2%&6+,4"+8&I)*7(-&'1&%"*,.01)&%0(('&!"/%(,%%&2%&!"+-6+,%%&C.5"1-1%&-'&
;1*(,(M&9,%" &.,0%"1-&K+13Z01$1,%-(&'*.5%-.,&'(,1-1%&)(&)1;1"('1 &2%&71,*1"'&!"#(*'8&9,%" &2*%%"6'& K'& H(,3&#1&*,1;1-&K+18&9("*,1&#(D&H(&)+&7'#+&#1&1"&*,1;&!"&H(,1,%-(&G1%D&>%&')*7(-&):'1&"+)#1*&7.',*(&
!"'-*+3&%"%5'?%"'@%-+&/.1+3&S-&-1#,'&')1;,'&';(%&2%&.&*,'")7.,5'&!"&/%"8&9,%"&?4"0%,('&2%&/.%"6'&K'3& 51-*(&(,.,%3&'7-'*(&'F%&!"&(/%0("*+&#."*,'0%#6%(&#1&0'*(-(&2*%%"6%7%#(&15'"(8
#,('&;4%"%&0%"&(*(,1-&);'6%%-.,&2%&15;-('&)1*(&0(&#.21,%3&$,+"%"0&5%%&0(&.'5("%&2%&,+54"('1&#4*(/'& J.%&#%*%5&-%5;(0(3&!"&%"%5%-(&51-*.,'3&!"0.%'-+&!"&7(".5("(-(&)#,%)(&!"&K74"*'&S/'"?$(-%(8&U1-6%3&
#.21,%&#1&7%,%5%*1,%8&9(&*.'*(&-(:'&7+#1*&#1&;1*(,('&K'&0%/%"+3&#1&;1*(,('&K'&#,('*.',(8&H1&%5(")'&G1%& #',(&":',&5'%&*,(@1%&)+&!"*%"(F(&#1&54%"%-(&-.,&)74"*'&H',*(3&!2%&F%#&!"&)%"('&-.,A&BP.'*(&#(-(&)#,%)(&'%#%&
;1*(,(3&C.5"1-&".)*,1&R)1)&H$,%)*.)&#.5'"0'&5'*(,%(%&2%&01$1,%-.,8&C%"&.,0%"1-&K+1&)1;,(53&0(& )1"*&@1"(&"15'%&;("*,1&;.;.,3&;("*,1&%"#1-6%%&".2*,%8&K+&51-615%5&0.5"1-1%&:&0'#+&.&5'%&7%&2%&(-&;(&
"(!"/%")3&#.5'"0'&01$1,%-.,&15'"(&)+&)(&!"*.',#+&!"&*,1;1,%-(&-.,&;+,+)%*(3&;("*,1&'&-(&,(0'&/%'6'8& 1"0(/'&:&#+&5'%&)1"*&1"%%&#',(&)+&"(&#(',+&)+&-(&#%*%5&#(-(&#(&".%3&#'&!"6(-(;6%3&2*%5&#+&"1&'1&7.)*E8&['%&
I)*7(-&'&!"/%'*&;(&#(%&5.,6%8&H'F1,%-(&0(&!"/%(,%&'1&7.)*&#1&51-*&5'%&"15(,.')(&0(#4*&#(-(&;.5("%*(&!"& 0(&)17-(*1-&-.,M&9("*,1&#(&'1&5'%&!5@,+#'*&)1*'"'3&0'#+&)17-(*1-&-.,&":'&)%56%*&#$(5',('&#('&)74"*+D&
K74"*'&K#,%;*1,+8&9("*,1&S-&"1&(L%)*'&"%#%&1"&)(#,(*3&#%*%"0&?4"01-&.51-1%&#'&!"*,:.&#',*(8&>*%1&#+&/+& R")+&I0(/+,1-&()*(&#'&1"*0(-(5"1-Q&0(&!-&*.,"%&!"&';+3&!"&.6(*&)'1&!"&);%,*3&(-&%()(&-'&)1;,'7'6+8
()*(&?,(1&)+&!"6(-(?(6%&')(5("('&7(".5("(&2%&!"&)17-(*1-&#(-.,&51-6%&,(-'*+,%-(&0%"&K74"*'&K#,%;*1,+&;',& I0(/+,1-&H(,1,%-.,&".')*,(&#."01#(&-15%-(8& HT&/.%'&P'*+-1%&#(,()#3&'&o%1-1%&2%&'&K74"*1-1%&C1$&):'1&
I

)%5;-(&;./(2*%8&C',&".%3&#',(&/,(5&)+&/+&,%0%#+53&)+&/+&-15%"+53&"1&'/(5&"%#%&1"&%"*(,()&)+&/+& !"*(5(%'*&0%7(,%*(-(&,(-%?%%&;(&'#()*&;+54"*8&!"&*(5;-1-&@,'$5'"1-1%3&'-&@10$%)*1-1%3&'-&(/,(1-1%3&#'&2%&
5%"6%58 !"&?%'5%'&51)1-5'"+3&)(&'7-+&'0(/+,1,%-(&#(,(2*%3&5'%&51-*&)'1&5'%&;16%"&0(F/+-1%*(8&P.'*(&):'1&7+#1*&
9(&P'*+-&#("*,'-&"1&G:'&/+F1*&"%5("%8&9(&o%1-&G:'&/+F1*&*.'*+&)17-',('&0(&01$1,%&'&9+54"*1-1%&!"& #1&/.%'&K.-',1-1%&".)*,1&2%&*.*&S-&'&;(,5%)3&;,%"&';.)*.-%%&K+%3&,+);4"0%,('&,(-%?%(%&#,(2*%"(8&J.%3&
0.1+&%;.)*'F(A&#'&a5&*,1;()#&2%&#'&C1$8&9(&K7%"*(-(&C1$1,%&-(&/(0(5&5(,(1&#(%&'=1"2%&-'&?,'01-&0(&'& ,(;,(F("*'"6%% & P'*+-1% & #("*,'-3 & ;,.;./+01%5 & ,(-%?%' & #',( & 0.5"(2*( & !" & 1"%/(,)3 & 1"' & 2% & '#(('2%&
)*'&!"&7'6'&-.,8&S-(&)1"*&'%#%3&-4"?+&".%3&2%&'1&)#'1"1-&-.,&0(&=10(#'*+&2%&!"/+6+*1,+&;(&G1"+8&J.%&"(& ;,(*1*%"0("%A&H(8%-%'63*%%".+/&;,(0%#'*+&!"&*(5;-(-(&/%%*.',(3&1"0(&,1?'&/'&;.,"%&0%"&%"%5'&7%(#+,1%&.53&
;-(#+5&2%Z&-(&(L(#1*+5&.,0%"(-(3&#+#%&2*%5&/(#$%5('3&!"6(-(;#%1"('&2%&;1*(,('&-.,8&K5(,%6%&"(&'0,()+5& !"+-64"01:)(&;,%"&5("*'-1-&)+13&)1@&7.,5+&0(&1"0(:?4"01,%3&;4"+&-'&H,('*.,Q&*(5;-(&1"0(&"1&/.,&
2%&')#1-*+5&.,0%"(-(&o%1-1%3&#+#%&#1".'2*(5&N-.,%'&K'&0%/%"+8&C',&"1&"(&!"#$%"+5&"%#%&K7%"*(-.,& (L%)*'&)*'*1%3&%#.'"(&2%&)(5"(8
C1$1,%3&"%#%&K.-',1-1%&".)*,13&#%&"15'%&T"%#1-1%&P'*+3&#(&0.5%"+&;()*(&*.'*+&#,('6%'&K'8 J.%&/.5&;,(0%#'&I0(/+,1-&!"&/(#%%&/(#%-.,3&0',&7+,+&)%-"%#%(8&[.5&/.,@%&!"&)74"*1-&P(5;-1&'-&
C,'?1-&5(1&7,'*(3&)+&5+&%(,6%&0'#+&;,%"&/.,@(-(&5(-(&F0,1"#%"&.',(#15&;+,(,%-(&*'-(8&I)(5("('& I0(/+,1-1%3&%',&#(-&#(&)(&/'&7'#(&"(0(5"3&);(#1-4"0&I0(/+,1-&".)*,13&/'&7%&!"-+*1,'*&2%&'-*1-&5'%&
'0(/+,1,%&"1&)(&;.*&);1"(&#(-.,&;-%"%&0(&;,(=10(#+6%3&;("*,1&#+&;,(=10(#+6%-(&!%&-%5%*('F+&2%&!%&6%"&;(& /,(0"%#&/'&7%&#$(5'*8&9,(.6%%&*(5;-(-.,&".')*,(&/.,&7%&;,.7(6%%&".2*,%3&#',(&7+,+&)+&;,%5(')#+&;-'*+3&/.,&
.'5("%&)#171"0'6%&!"&!"*1"(,%#8 7%&!"&?,%='&".')*,+3&#'&)+&'%@+&#(-(&"(#()',(&/%(6%%&-.,8&I2'3&*,(;*'*3&*.'*(&,(-%?%%-(&)(&/.,&$,+"%&0%"&
H1&#4*(/'&)1*(&0(&'"%&!"&1,5+3&.51-&)(&,1?'&2%&7+#('&5+*+"%%&#,(F4"0&#+&71-?(,1-&2%&*1"(*1-& I0(/+,1,%-(&".')*,(&2%&*.'*(&)(&/.,&!"#$%"'&P(5;-1-1%&1"%/(,)'-8
(L;,%5+&54"%'&-1%&C15"(F(18&!"&F'0',&%&):',&7%&);1)&)+&"1&)(&5'%&,.'?(&;("*,1&#+&)1"*&)%5;-(& K1"*&7(,%#%*&#+&)(&/.,&,+);4"0%&'#()*(&I0(/+,1,%&#(,(2*%3&;("*,1&#+&54%"(&2%&".%&/.5&#.@.,!&!"&*,1;&
7(".5("(&'-(&#(,1-1%3&'&*,(@1%*&)+&/%"+&2*%%"6'&0(&'F%3&#1&0(5.")*,'6%%-(&(%3&#'&.51-&)+&7%(&;1)&;(&#'-('& 2%&0.,%5&)+&?+)%5&#')(-(&1"0(&/.5&'1F%&'#()*(&I0(/+,1,%&(*(,"(8&U+&@1#1,&0(&;(&'#15&#+&/.%&?+)%&
'0(/+,1-1%8&J%#%&1"&01$&0%"&-15('&H(,1-1%&":',&#+0('&!"&"'%/%*'*('&.51-1%&)%5;-1&0(&=.)3&0(&'&)(&,1?'& ;.'*(&#$%',&'#()*(&,4"01,%&'-(&5(-(&2%&#%*%"01:-(3&)17-(*1-&5(1&)(&/'&!"*+,%&2%&#1&/,(0"%#%(&/.%&)*,+@'*(&
C%/%"%*+6%%&)+:<&';(,(&0(&71-?(,(&2%&*1"(*(3&#%&/'&#+1*'&)+&(/%*(&F."'&(-(#*,%#+&;("*,1&'&"1&)(&/(0('& ;,%"&/'-1,%-(&/%(6%%&*,1;(2*%8&I*1"#%&*13&!"0'*.,'*1-&5(1&0(&'F%3&!5%&/(%&/.,@%3&7%%"0&!"&H(,&01$3&#'&5%"(&
0(F@,+#'*&0(&$'%"'&)'&;-'"(*',+8 '#158&!5%&/(%&);1"(&I0(/+,1,%-(&#(,(2*%3&#1".)#1*(&0(&5%"(&#'&01$&-%@(,3&0',&"(2*%1*(&#'&01$&!"*,1;'*3&
'#.;(,%*&0(&$'%"(-(&7%F%#(8&9()*(&\q:^q&0(&'"%&/.%&7%&%',+2%&=.)3&.5&!"*,1;'*&2%&);(,&)+&5+&'0';&#1&
'#()*(&I0(/+,1,%3&'2'&01;+&#15&H(,1-&'&$.*+,4*&2%&#1&*%"(8&[,4"0:"(/,4"03&-15('&)(&!"0,(';*+&#+*,(&
I0(/+,1-&#(,()#8&I0(/+,1-&/'&-./%&!"#(*3&0',&)%?1,3&!"&)7(,'&).#%'-+&2%&!"&;,(=10(#+6%-(&,(-%?%.')(3&
S"*%*'*('&);%,%*1'-+3&);%,%*1-&)'1&01$1-&15'"&7.,5'*&0%"&)#4"*(%'&0%/%"+&!"#."=1,'*+&0(&2';*(&!"/(-%21,%&7-1%0%#(8 !"/(#$%*(&2%&'-*(,'*(8

T9%#/#%(%&()=#/#'+*+#)U(%K)9&'%.(*

V,+*)-1#,('F+&F%1'&%',&".';*('&)(&.0%$"(2*(8&H%"(&-1#,('F+D&K;%,%*1-&#',(&#.5'"0+&*,1;1-1%&)+&
7'#+&'"15%*(&'#*%/%*+6%8&C',&!"&*%5;1-&".;6%%&'#*%/%*'*('&01$1-1%&()*(&#1&51-*&5'%&5',(&0(#4*&F%1'8&
xâ7(Kw&0%/%"&'ÇeÅ%Ä J.';*('&01$1-&#1*,(%(,+&);'6%%-(3&#(,#(*4"03&'"'-%F4"03&?4"0%"0&)'1&')#1-*4"08
d2'*+&)*,+5'"%'&51$181%&(&)+&';8(&F5(0+,18/&#17&'&#,('*&>%0%"%*'*('&817%8(9
e[(-%21%&#.)*KeD& [.%&);1"(6%&#+&".';*('&/+&.0%$"%6%8&C'3&()*(&'0(/+,'*3&/+&.0%$"%6%&*,1;1-3&%")*,15("*1-&/.)*,13&0',&
NL%
e(8%30F&1"%/(*)/#Z& 01$1- & 0()7+2.',+ & . & '#*%/%*'*( & @.?'*+ & !" & '#()* & *%5;8 & H( & 0( & ?4"01,% & )*,+@'* & ;,%" & 5%#1- & )+1 & ?-.@&
:I=/(-%21-&).-',& )*,+-1#%*.,M&H(&0(&);'6%%&#1*,(%(,+3&;("*,1&'&)(&01#(&)+:2%&!"0(;-%"(')#+&'"15%*(&5%)%1"%&)'1&-1#,+,%&0(&
eÅ/(x%21-&;-'"(*'Y .,0%"&);%,%*1'-M

Ç
VZZ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&:&F&521'&#',*( ?271"%#+,%&5%"&?(,
VZ[

C1;+&'"%&2%&'"%&0(&'#*%/%*'*(&);'6%'-+&)'1&#(,(')#+3&C%/%"%*'*('&'#.,0+&01$1-1%&.&;(,%.'0+&0(& C(&'%#%&,(F1-*+&.&-(?(A&`%%".'/&7',(&)'1&7%#+/&*,(A1%(&)+&*%"5+&'&;%&1"'&#1&#,('.%'
.0%$"+3&;(*,(#1*+&!"&*%5;1-&!"*,1;+,%%&)'-(3&#4"0&()*(&)1)*,')&!"*,1#4*/'&0(&-'&;,(.#1;+,%-(&)'-(3&7%%"6'& a&1"%#+&o%%"6+&'&#.5@%"'*&51-*%;-(-(&/%(6%&2%&'&7.,5'*&1"&*.*3&"15%*&#,('6%(8&C%"&#'1F'&);'6%1-1%&
)'&7%%"0&.&/(2"%#+&1F%"+&7,+54"*+*.',(&0(&?4"01,%8 ,(01)&!"&#',(&;',*%#1-(-(:/%'6+&)1"*&'?-.5(,'*(3&(-(&/%"&!"&#."*'#*3&%"*,+&!"&'"*%*(F+&2%&0(&'%#%&)(&"'2*(&
C',&)+&,(/%"&-'&;,%5'&%0((A&?(&()*(&F5(0+,18y !"*,(&(-(&)%561-3&'1F1-&2%&/+F1-8
9,%/%6%&!"&=1,1-&/.)*,1&2%&/+F4"0&*.*&7(-1-&0(&.@%(#*(&2%&7%%"6(3&F%#(6%&#+&-(&/(0(6%&0(.',(#(&)1"*& T"&)#$%5@&0(&5'*(,%(&',(&-.#&!"*,(&;',*%#1-(-(:/%'6+3&2%&'#()*1%&)#$%5@&!%&0'1&"15(-(&*.*&0(&
-15%"'*(&0(&.&-15%"+&.',(#',(A&'&).',(-1%3&'&-1"%%3&'&1"1%&@(#&(-(#*,%#8&9("*,1&/.%&(&.&;(,#(;(,(&2%&0(#%& 0%'.+9&H1&*.6%%&2%&*.'*(&)1"*(5&/%'6+3&2%&7%%"0&';,.';(&1"%%&0(&'-6%%3&/,4"0:"(/,4"03&)1"*(5&0(;("0("6%&
1"&'0(/+,&#+&1"&.@%(#*&()*(&5',(&2%&'-*1-&5%#3&#+&1"1-&(&'-@&2%&'-*1-&/(,0(&(*#8&H,(0(6%&#+&'7%,5'6%&1"& 1"1-&0(&'-*1-8&C%/%"1-&H,('*.,&'&7+#1*&')*7(-&!"#4*&#1&*.6%%3&5%#&2%&5',(3&)+&7.,5+5&1"&@-.#8
'0(/+,&#4"0&0()#,%(6%&#(('&#(&/(0(6%8 C'#+&7%(#',(&;',*%#1-+:/%'6+&',&7%&%"0(;("0("*+3&',&#+1*'&)+&)(&%F.-(F(3&)+&)(&!"015"(F(%')#+8&C',&
J.% & "(5'%'/4"0 & *,1;3 & /(0(5 & #1 & !"*,('?' & ".')*,+ & 7%%"6+ & 7-1%0%#+8 & C', & #15D &I%#% & ( & 5%)*(,1-& T"%#1-&P'*+&"1&;(,5%*(&'#()*&-1#,1Q&0(&'%#%3&(L%)*("6'&'&0.1+&7.,6(&.;1)(&!"&1"%/(,)A
"(#1".)#1*&0(&/.%8&!"&-15('&01$1,%-.,&(L%)*+&1"&)%"?1,&7(-&0(&/+F3&'#(-'2%&;("*,1&*.'*(&01$1,%-(&0%"& <87.,6'&#1&*("0%"6+&0(&#2")(,0',(&'&;2,7(%]
V87.,6'&0(&%F.-',(3&0(&5%)*,1-(,(&'&;2,7(%9
1"%/(,)8&P.'*(&-1#,1,%-(&2%&7%%"6(-(&;+54"*1-1%&)1"*&7+#1*(&0%"&5'*(,%'&;-'"(*(%&/.')*,(3&'7-'*+&)1@&#(-(&
;'*,1&)*+,%A&).-%0+3&-%#$%0+3&?'F.')+&2%&(*(,%#+8&o%(#',(&0%"&'#()*(&5'*(,%%&'1&.&-15%"+&'&-.,&;,.;,%(3&.& C%)*,1?(,('&7.,5(%&"1&!")('5"+&0%)*,1?(,('&5'*(,%(%3&('&#."*%"1+&)+&(L%)*(3&0',&0%"*,:1"&@-.#3&)(&
-15%"+&B7.)7.,()#("*+E&#(&,+);4"0(2*(&,'F(&7-1%0%#(&0%"&5')'&-.,8&J.%3&01$1,%-(3&);1"(5A&B[(0(5& 0()7'#&;',*%#1-(-(&0%"&#',(&(,'&7.,5'*8&R"&'#()*&#'F3&0%"&/%F%@%-+&5'*(,%'&0(/%"(&%"/%F%@%-+8
'#()*&.@%(#*3&;("*,1&#+&(-&)(&','*+&;,%"&;,.;,%%-(&)'-(&,'0%'6%%E8&U'*(,%'&)(&','*+&;(&)%"(&;("*,1&#+&(5%*(& W'$+,1-&/%F%@%-3&;1)&!"&';+3&)(&0()7'#(3&;',*%#1-(-(&)'-(&)(&,%)%;()#&;,%"*,(&;',*%#1-(-(&';(%&2%&0(/%"(&
-15%"+&0%"&)4"1-&(%8&a,%#',(&%:',&7%&?,'01-&0(&#."0(")',(&2%&!"&.,%#(&#.5@%"'6%(&):',&'7-'3&5'*(,%'&()*(& %"/%F%@%-&.#$%1-1%&/.)*,13&0',&()*(&;(,#(;1*&;,%"&.,?'"1-&?1)*'*%/Q&0(#%&F'$+,1-&(L%)*+&!"&';+8&G'&7(-&
/%(3&',(&/%'6+8&P.*&#(&(L%)*+&!"&=1,1-&".)*,13&*.*1-&'&7.)*&7+#1*&0(&H,('*.,&0%"&7%%"6(&1-*,'5%#,.)#.;%#(3& ()*(&2%&!"&-15('&".')*,+8&J%5%#&"1&)(&;%(,0(3&0',&*.*1-&)(&*,'")7.,5+8&K&;2,.+&5%0%5(&0%'.'&3%&'8*'&2&
0%"&;',*%#1-(&;-%"(&0(&/%'6+&;,%"&(-(&!")(-(3&#$%',&!"'%"*(&0(&'&7%&;,(-1#,'*(&0(&P'*+-8&P.*&#(&(&7+#1*&0%"& ,(#2741"(&!"&1"%*'*('&'01*+&%"%.%'89
5'*(,%(&(5%*(&,'F(&!"&=1,8 C%"&#(-(&);1)(&5'%&)1)3&0.,()#&)+&,+54"+&#,%)*'-%F'*+&1,5+*.',('&%0((A&S1&(1&0+5/&)%7*&)'1&'15 &
9,%/%"0&'#15&-'&*%"(3&/+0&*,1;1-&*+1&,'0%%"0&-15%"+3&')(5+"+*.',(&#1&#('&'&G1"%%&".';*('&;(&#(,8& #(('&#(&(L%)*+&!"&G1,18&7(1/&#%&7(5%18&!"#2"G1,+*2,&7%&)(&,(0(8('M+&4,%"&,'5%'.%'&81%9
G15%"' & #.,;1-1% & *+1 & ;+*,1"0( & !" & #.,;1- & 5(1 & );%,%*1'- & 2% & ;,.01#( & !" & 5%"( & '1*.5'* & . & ,('#6%(3& I#15&"1&5+&/(F%3&0',&0'#+&'2&'/('&'1*.,%F'6%'&0(&)1)3&5:'2&;1*('&7'#(&/%F%@%-3&#."#("*,4"01:5+&
0(*(,5%"4"01:5+&)+&(5%*&,'F(3&#+#%&2%&(1&:&7%%"0&0%"&5'*(,%(&:&(5%*&,'F(&-15%".')(8&[%'6'&(L%)*+& 2%&*,%5%64"01:6%&,'F(&#1&/%@,'6%%&'*4*&0(&!"#(*(3&!"#4*&.#$%%&*+%&5:',&/(0('8
;,(*1*%"0("% & !" & 1"%/(,) & 2% & )( & 5'"%7()*+ & /',%'*3 & 01;+ & ?,'01- & )+1 & (/.-1*%/8 & S1 & )1"* & 1" & 5(#'"%)5& U'*(,%'&)#4"*(%%&0%/%"(&()*(&#('&5'%&)1@-%5+8&J.%&'5&7.)*&#,('6%&!"&K7(,'&0%/%"+8&C',&01;+&#15&
'1*.5'*3 & #',( & ,+);1"0( & -' & .,%#( & '#6%1"( & ;,%"*,:. & #."*,''#6%1"(3 & !" & 1,5' & #+,(%' & (13 & )#4"*(%'3 & %'1& I0'5&'&7.)*&?."%*&0%"&,'%&#1&%1@%*'&-1%3&S/'3&2%&0(&,12%"(&):'&'#.;(,%*3&*.*&'2'&)#4"*(%'3&01;+&#(&'&7.)*&
(5%)+&0(&H';1-&K7(,(%&0%/%"(3&'&7.)*&'#.;(,%*+&#1&#(-(&*,(%&!"/(-%21,%3&7.,5'*(&2%&(-(&0%"&5'*(,%%&/%%A&
#1".2*%"6+&0(&#(('&#(8)(&'7-+&!"&7'6'&5('8&S13&/%'6'3&*,+%()#&!"&5%=-.#1-&.#('"1-1%&0(&/%'6+3&;,%5()#& *+*',+/&;%18',+&2%&51$1'8+9
%"7-1("6(&2%&*,(@1%(&)+&-1;*3&)+&5+&'0';*(F3&#'&)+&7%%"6(F&5'%&0(;',*(8&[%'6'&#(,(&.&/(2"%#+&'0';*',(&-'&
%"7-1("6(-(&!"#."=1,+*.',(8 G.?.):1-3&5%#1-&7,'?5("*&0%"&P'*+-&#("*,'-3&()*(e&/%18&[%'6'&;1,#(0(&0%"&P'*+-&#("*,'-3&1"0(&('&"1&
)(&'7-+&!"&'"*%*(F+&#1&"%#%&.&1"%*'*(&0(&?("1-&)+18&!"&K7(,'&0%/%"+&/%'6'&()*(&;(,7(#*&1"%7%#'*+3&0',&P'*+-&
!6%&5'%&0'1&.&(L;-%#'6%(&,(7(,%*.',(&-'&5(#'"%)51-&/+F1-1%&5(18&T"&.@%(#*&0%"&7'6'&5('&(5%*(& /,('&)+&7%(&,%)%;%*+&!"&*.*&#.)5.)1-8&C%"&'#(')*+&#'1F+3&/%'6'&)(&7,'?5("*('F+8
,'F(&7.,5'*(&0%"&/%'6+3&0%"&;',*%#1-(&/%%8&S-(&%"*,+&!"&#.,;1-&5(1&0%'7'"3&7-1%0%#3&1"0(&:&;,%"&5%2#',('& S13&#(-&#',(&!6%&#.51"%#3&)1"*&.&;',*%#1-+&0%/%"+3&.&0%/%"%*'*(Z;(&#'-(&0(:'&0(/("%&.&C%/%"%*'*(8
-.,&:&;,.01#&.&0%)-.#',(3&.&0(F',5."%(&'&5'*(,%(%&5(-(&7-1%0%#(8&!"&/%,*1*('&'1*.5'*%)51-1%&#1&#',(& G15('&!"*,('?+3&*.'*(&1"%/(,)1,%-(3&!5;,(1"+&#1&K7(,'&#("*,'-+3&()*(&*,1;1-&-1%&C15"(F(1Q&%',
5:'&!"F()*,'*&H,('*.,1-3&5'*(,%'&#.,;1-1%&5(1&,('#6%."('F+&2%&,(7'#(&)*',('&5('&%"%6%'-+8&I#()*&;,.#()& H(-&#(&'&7+#1*&*.'*(&'#()*('&)(&'7-+&!"&5%(F1-&#("*,'-&'-&K7(,(%&0%/%"(3&"(/+F1*3&"(#1".)#1*&0(&"%5("%3
)(&;,.01#(&!"&5%"(&!"&5.0&71-?(,+*.,&2%&)#4"*(%'&/(0(&%5'?%"('&,(01)+&'&7%%"6(-.,&)'1&.@%(#*(-.,& "%#%&#$%',&0(&o%%%&K+%&#(%&5'%&5',%8&J%5("%3&!"&/(#%%&/(#%-.,3&"1&/'&;1*('&);1"(&#+&<:'&(?'-'*&;(&P'*+-
'7-'*(&!"&7'6'&5('8 #("*,'-3&0',&/'&;1*('&);1"(&#+&'&'=1")&1"&;1*(,"%#&#,('*.,&!"&-15%-(&#,('*(3&.,%&!"&K7(,':U'5',8
C%"&#(-(&',+*'*(&5'%&)1)3&,(%()(&#+&(L%)*+&0.1+&7(-1,%&0(&;(,#(;6%%&/%F1'-(A P.* & #( & ):' & #,('* & *,(@1%( & #."01)8 & T"%#1- &P'*+ & ' & !"#,(0%"6'* & #."01#(,(' & ,(;,(F("*'"6%-., & K+%3&
<8/+F1-&*,1;()#&:&,('-%F'*&;,%"&%"*(,5(0%1-&.#$%-.,Q N1/(,"'*.,%-.,&).-',%&2%&K7%"*(-.,&C1$1,%&:&N1/(,"'*.,%%&;-'"(*',%8&C%"&'#()*&;1"#*&0(&/(0(,(3&P'*+-3&
V8/+F1-&);%,%*1'-&:&,('-%F'*&;,%"&!"*,(?1-&#.,;&01$1'-8 o%1-&2%&K74"*1-&C1$&)1"*&(?'-%3&0(.',(#(&*,(%&#."01#3&0',&1"'&?4"0()#&2%&1"'&7'#8&I2'0',3&N1/(,"'*.,%%&
>*%6%&0(='&#+&.,%#(&5'*(,%(&',(&/%'6+&!"&('&2%&(5%*(&,'0%'6%%8&I#()*(&,'0%'6%%&"1&)(&','*+&)1@&.& ).-',%&2%&;-'"(*',%&)1"*&C%/%"%*+6%&5'%&5%#%3&#',(&;,%"&/('#1,%&7+,+&"15+,&'1&'=1")&-'&'#(')*+&2*%%"6+&2%&
)%"?1,+&#1-.',(3&;("*,1&#+&2%&5'*(,%'&()*(&0(&"'*1,%&0%7(,%*(8&J.%3&01$1,%-(3&/(0(5&!"&-15('&".')*,+&:& ;1*(,(8&K1"*&!"*,:'0(/+,&o.,6(&1,%'2(3&0',&7+,+&':2%&;1*('&/,(.0'*+&(?'-'&9+,%"*(-(&#("*,'-8&J15'%&
;(&-4"?+&#1-.,%-(&#1".)#1*(&0(&/.%&:&.&?'5+&0(&#1-.,%3&;,./("%*(&0%"&#.5@%"+,%-(&-.,3&2%&"(;(,#(;1*(&0(& 01;+&#(&K#4"*(%-(3&0(F@,+#4"0&*.'*(&$'%"(-(3&)(&/.,&!"*.',#(&!"&K7(,'&H';&0(&C15"(F(13&/.,&7%&(?'-(&
.#$%%&/.2*,%8&U'*(,%'&)'1&/%'6'&)(&;,(F%"*+8&!"&#1-.,%8&J1&(L%)*+&/%'6+&7+,+&#1-.',(8&9+54"*1-&;(&#',(& #1&P'*+-&#("*,'-3&;("*,1&#+&/.,&7%&1"'&#1&S-8
#'-#+&;%#%.,1-&/.)*,1&',(&.&#1-.',(&!"#$%)+3&5.$.,4*+3&;("*,1&/.%3&0',&".%&/(0(5&!"&(-&.&-15%"+& !"&*.*'-%*'*('&K'3&U'5',1-&()*(&*,1;1-&P'*+-1%&#("*,'-3&0',&1"&*,1;&5'*,%#%'-3&"+)#+*.,&0(&5'*(,%%3&
);-("0%0+3&0(&.&/',%(*'*(&0(&#1-.,%&0(&"(0()#,%)8 G'@.,'*.,1-&1"0(&)(&;,(;',+&*.*&#(&*,(@1%(&;("*,1&'&#,('&.&"(@1-.')+3&0%"&#',(&)(&/'&7.,5'&1"&)%)*(5&
H1&#4*&/%@,'6%%-(&'#()*.,&,'0%'6%%&#.-.,'*(&0%7(,+&0(&#(-(&'-(&#.,;1-1%&5(13&)%5*&.&"(;-+#(,(&5'%& ;-'"(-',8&I2'0',&K7(,'&0%/%"+&(&1"&*,14&#1-(*+*2,&2%&1"&*,14&7'*,%#('89
5',(8&H1&#4*&(-(&)(&';,.;%(&0(&/%@,'6%'&#.,;1-1%&5(1&);%,%*1'-3&)%5*&.&;-+#(,(&5'%&5',(8 I0(/+,'*1-&*,1;&0(&C15"(F(1&()*(&*,1;1-&C%/%"1-1%&#("*,'-3&#',(&)(&7,'?5("*('F+&;("*,1&'&)(&
R'*+&;("*,1&#(&2(0(,('&5('&'%#%&-'&)1;,'7'6'&;+54"*1-1%3&1"0(&(L%)*+&.&5'*(,%(&%"7(,%.',+3&!5%& ,%)%;%&!"&1"%/(,)1,%8&I#()*&H("*,1&(5%*(&)#4"*(%'3&*,1;&05&*,1;1-&8P'*+-1%3&0',&#1&*.'*(&'#()*('&('&"1&
;,.01#(&.&5',(&"(;-+#(,(3&#$%',&.&01,(,(8&C',Z0(;',*(3&)1)&-'&5%"(3&1"0(&(L%)*+&.&5'*(,%(&*-1%0%#+& 0(6%"(&;1*(,('&2%&7'#1-*+6%-(&P'*+-1%3&0%"&#',(&'&;-(#'*8&C(&'#(('3&!"&K7(,':U'5',&)#4"*(%'&()*(&!"/(-%*+&
5'%&7%"+3&5'%&(/.-1'*+3&5+&)%5*&7(,%#%*8&H1&#4*&'#6%1"('&2%&,('#6%1"('&;,.01)(&!"&#.,;1-&5(1&)1"*&5'%& 2%&';.%&(01#'*+&;("*,1&'&)(&2*%&.,%("*'&!"&-15(3&#4"0&)(&/'&!"0(;+,*'&0(&-4"?+&K1,)'&0%"&#',(&'&-1'*&
/%.-("*(3&?4"0%,('&5('&()*(&5'%&)-+@%*+3&5'%&0%)*,')+8&H1&#4*&/%@,'6%%-(&,'0%'6%%-.,&(L*(,"(&)1"*&5'%& "'2*(,(8 & K#4"*(%' & ()*( & 0(#% &1" & 5%#& C15"(F(13 & '/4"0 & !" & ('3 & ;.*("6%'-3 & *.'*( & !")12%,%-(3 & 7'#1-*+6%-(&
';,.;%'*(&)'1&#$%',&)1;(,%.',(&#.,;1-1%&5(1&);%,%*1'-3&)#4"*(%'&()*(&5'%&-%5;(0(&2%&5'%&-%@(,+&;("*,1& P'*+-1%&)+18&o%%"0&1"&7,'?5("*&0%"&5',(-(&P'*+3&)#4"*(%'&"1&;.'*(&#(,#(*'3&'"'-%F'&2%&)%"*(*%F'&#'&
'&)(&'04"#%&!"&5(0%*'6%%&2%&'"'-%F(8 C%/%"%*'*('&)1;,(5+3&0%"&#',(&'&;1,#()3&0',&.&'2*(';*+&1"&/%%*.,&)*,+-1#%*8
C',&'-+*1,%&0(&'#()*&'1*.5'*%)5&%"*(,/%"(&7'#*.,1-&"15%*&02%".+9&H4"0&/,('1&)+&5+&0(;-')(F&.,%& C(.',(#( & ()*( & 5%#+ & 2% & "(;1*%"#%.')+ & 7'6+ & 0( & H,('*.,1- & )+13 & ".% & "1 & %:'5 & F%) & )#4"*(%% & 0%/%"(&
)+&)*10%(F&.&*(5+&.',(#',(3&*,(@1%(&)+:5%&7%L(F&'*("6%'&')1;,'&)#.;1-1%&/.%*8&9,%"&1,5',(3&;1"&!"& C15"(F(13&#%&%:'5&F%)&:2-2)/&#'"5%5'*68'6517"(M(%,(&)'1&5(0("%,(65(6>17"(M(19
'#6%1"(&7'#1-*'*('&/.%"6(%&5(-(8&h2%".'&()*(&72*2,18&0%(.%%9 U%)*(,3&1"&"()74,2%*&5%)*(,M&P'*+-&#("*,'-&(5%*(&5(,(1&)#4"*(%3&#1&#',(&;.;1-('F+&);'6%%-(&%"7%"%*(&
!"*,(&5%"(3&01$3&2%Z-15('&!"#."=1,+*.',(3&)(&01#(&)(#1"0+&0(&)(#1"0+&.&-1;*+3&/%'6'&0%"&5%"(& '-(&#(-.,&;'*,1&1"%/(,)1,%3&0',&S-&,+54"(&*.*&5',(&2%&!"*,(?M&9.'*(&!"*,:.&F%&!6%&/.%&0()*+%"1%&#(/'&2%&
-1;*4"0 & #1 & /%'6' & 0%" & 5(0%1- & !"#."=1,+*.,3 & #' & )+:2% & 5("6%"+ & 1"%*'*(' & 2% & 7.,5'8 & H4"0 & 5'% & 51-*(& 0%"&'#(')*+&*'%"+8
;',*%#1-(:/%'6+&):'1&'?-.5(,'*&2%&'1&-1'*&!"&*.*'-%*'*('&-.,&.&7.,5+3&(-(&-1;*+&5(,(1&!5;.*,%/'&%"7-1("6(-.,& !" & .,%#( & )*'0%1 & ', & 7% & 1"1-& 0%" & o%%% &P'*+-1%3 & -' & .,%#( & )*,+-1#%,( & 2%& ;1*(,( & /' & '=1"?(3 & *.* & o%%"6'&
0%"&'7',+&#',(&',&;1*('&)+&)*,%#(&7.,5'8&I2'0',&/%'6'&*%"0(&)+&%'&7.,5(3&%',&;,%"&#."?-.5(,',('&-.,3&0%"& )1;,(5+&()*(&o.,6'&'@).-1*+3&)*+;4"%"0&;()*(&*.*8&I2'0',3&G1%&%&)(&#1/%"(&*.'*+&)-'/'3&#1&*.6%%3&0(='&#(-&
*,(';*+&!"&*,(';*+3&5'%&)1)3&)+&7.,5(F(&1"%*+6%&0%"&#(&!"&#(&5'%&5',%8&P.*&#(&'&7+#1*&H,('*.,1-3&0(2%& 5'%&5%#&;4"+&-'&#(-&5'%&5',(&H,('*.,3&"(&!"#$%"+5&)1;,(51-1%&H,('*.,&2%&N1/(,"'*.,&'-&-15%-.,&0%"&
51-*%;-%#'*&2%&/',%'*&-'&%"7%"%*3&*.*1-&2%&#1&*.'*(&-'&1"&-.#&*%"0&)+&7.,5(F(&.&1"%*'*(3&1"&*.*3&7.,54"0&.& /(2"%#%'&/%%*.',(8
7%%"6+3&.&(L%)*("6+8
VZ\ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',%( ?271"%#+,%&5%"&?(, VZT

!"?(,%%&#',(&"(&7'#&#1".)#1*(&*'%"(-(&-15%-.,&"(&);1"&#+&'1&/+F1*&#15&)(&7'#(&(01#'6%'&".%-.,: C%7(,%*(&#'*(?.,%%&0(&(*(,1,%
"+)#16%3&'&01$1,%-.,&;,%5(3&;("*,1&'&0(/("%3&.0'*+3&!"&/(2"%#%(3&I1L%-%',%&'%&P'*+-1%&#("*,'-8
!"?(,%%&"(&5'%&);1"A&B9(&P'*+-&"1&G:'&;1*1*&2%&"1:G&;.'*(&/(0('&"%5("%8&C',&.,%#(&01$&'&;,./("%*&
0%"&P'*+-3&%',&;("*,1&'&"(&7'#(&.&%0((&0();,(&#15&',&7%&S-3&(&0()*1-&)+&;,%/%5&-'&#(%&5'%&)*,+-1#%6%&H.;%%& IF%&/.5&#."#("*,'&)*10%1-&".)*,1&')1;,'&(*(,1-1%3&0("15%*&0(&/.%3&%5;,.;,%13&;81%59&o-1%01-&()*(&0(&
'%&K+%3&-'&C15"(F(%%&)(#1"F%3&o%%%&0(&C15"(F(13&'7-'6%&!"&K7(,':U'5',8&9(&'#()*(&)*,+-1#%*(&o.,6(& 0.1+&7(-1,%A&<8&"(*,'");2,7'A%8]&V9&*,'");2,7'A%89&e&&&&&&o-1%01-&"(*,'")7.,5'@%-&!"&/(2"%#%(&#.")*%*1%(&
0%/%"(3&-(&'/(5&#'&5.0(-3&#'&*,(';*+&0(&'*%")3&!"&5%-%',0(-(&0(&5%-%',0(&0(&/('#1,%&#(&/.,&/("%8&U'%& !")+2%&)1@)*'"6'&)#4"*(%%&0%/%"(3&'&);%,%*1-1%3&7%%"0&"15%*&;81%5&)4%,%*1'89
)1)&"1&;1*(5&"+F1%8&H'&)+&0(/("%5&#'&P'*+-&#("*,'-3&"1&(L%)*+&'-*&5%=-.#&0(#4*&)+&%"*,+5&!"&H.,;1-& G'&,4"01-&)+13&7-1%01-&*,'")7.,5'@%-&()*(&0(&0.1+&7(-1,%A&<8&;%M%#]&V9&4)%$%#9&
K+1&#("*,'-8&C',&#%"(&'&%"*,'*3&"1&'&%(2%*&)+&"(&);1"+&2%&".1+&#15&(&'#.-.8&I#(')*+&"+F1%"6+&.&;.'*(& o-1%01-&7%F%#&)(&!5;',*(&!"A&<8&;81%5&;%M%#&8%A(,]&V9&;81%5&;%M%#&#'4*%09
'/('&/,(1"&5',(&o%1&0(&C15"(F(18&J.%3&#(%&5%#%3&"1&'/(5&'#15&'-*+&');%,'6%(3&'-*+&#'-(3&0(#4*&0(&'& S*(,1-&)'1&7-1%01-&7%F%#&-%@(,&15;-(&#.)5.)1-3&7.,5('F+&.#('"1-&!"&#',(&;-1*()#&K7(,'&0%/%"+&2%&
!"/+6'&2%&%',&!"/+6'3&;("*,1&'&0.@4"0%&#1".2*%"6(&2%&;1*(,%&*.*&5'%&5',%3&2%&')*7(-&)+&0(/("%5&0%"&#(&!"& #(-(&;'*,1&1"%/(,)1,%3&15;-(&';.%&%"*(,%.,1-&1"%/(,)1,%-.,3&1"0(&;-1*()#&5%-%',0(-(&0(&)*(-(&2%&;-'"(*(3&
#(&5'%&$',"%#%&-1#,+*.,%&!"&/%'&C%/%"1-1%&)1;,(58&T,54"0&')*7(-3&.0'*+3&/.5&'=1"?(&2%&".%&o%%&0(& 2%&!5@,'#+&)'1&!"/(-(2*(&).,%%&2%&;-'"(*(-(8
C15"(F(13&')(5("%&#(-.,&0%"&K7(,':U'5',8E C%"&(*(,1-&7%F%#&#';*%/&):'&7+#1*&*.*1-3&;,%"&#."#("*,+,%&)1##()%/(3&;4"+&-'&;%'*,'&#('&5'%&*',(3&?,'"%*1-&
a3&C.'5"(3&5%-%',0(&0(&'"%&)1"*&0(&#4"0&5:'%&"+)#1*M&I*1"#%3&0(;',*(3&!"&".';*('&/(2"%#%(%3&'5& )'1&@'F'-*1-&;+54"*1-1%8&S*(,1-&7%F%#&#';*%/&'"%5+&#.,;1,%-(&5'*(,%'-(&:&).-%0(3&-%#$%0(&2%&?'F.')(&:&
7.)*&1"&(5@,%."&0(&01$3&;(&#'-('&015"(F(%,%%8&I=1*+:5+3&C.'5"(3&-15%"('F+:5%&#'-('&;(&#',(&)+&5+& '-( & *1*1,., & #.,;1,%-., & #(,(2*%3 & 7%%"0 & "(0();+,6%* & 0( & (-(8 & o-1%01- & 7%F%# & #';*%/ & !").6(2*( & #.,;1,%-(&
!"*.,#3&/,(0"%#&0(&%1@%,('&P'3&!"&*,1;1-&P+1&U'5',M&I5%"8 5'*(,%'-(&0(&;(&;+54"*8& H15& #.,;1,%-(&5'*(,%'-(&*(,()*,(3& )1"*&0(& *,(%&7(-1,%& :&).-%0(3&-%#$%0(&2%&
R'*+&#(&"(&5'%&);1"&!"?(,%%3&;,.7().,%%&".2*,%3&;12%&0(&C.5"1-&;("*,1&'&"(&#1-*%/'&2%&(01#'A&BH4"0& ?'F.')(&:&2%&#15&7%(#',(&0%"&'#()*(&5'*(,%%&)1"*&!").6%*(&0(&.&'"15%*+&#'*(?.,%(&0(&7-1%03&0%)*%"?(5&
%()(&0%"&P'*+-&)+1&0%/%"3&-.?.):1-&()*(&1"&C15"(F(1&;(,7(#*8&H'&"'*1,+&5'*(,%'-+&()*(&1"&Q&F5'7 & *,(%&7(-1,%&0(&7-1%0(&7%F%#(&#';*%/(A &)28%5(/&8%#$%5(&3%&-'M2')(9 &U%"(,'-1-&/'&'/('&7-1%0&7%F%#&#';*%/&
5()+0E,3%*O9&I#()*&;%1&5%0%"&*,(@1%(&)+&-1;*(&!"&-15%-(&#,('*(8&C',&;(,7(#6%1"('&"1&;.'*(&-1;*'3&e&*.#5'%& ).-%03&';'&:&7-1%0&7%F%#&#';*%/&-%#$%0&2%&'(,1-3&)'1&.,%#(&'-*&?'F&:&1"&7-1%0&7%F%#&#';*%/&?'F.)8&o-1%01-&
;,%"&#'-%*'*('&(%3&%',&(-&7%%"0&;(,7(#*&"1&;.'*(&-1;*'8&I*1"#%&o%%%&0(&C15"(F(13&0%"&F."'&'&R:'&%&'& ;)%$%#&)(&!5;',*(&2%&(-&!"A&<8&;81%5&4)%$%#&8%A(,]&V9&;81%5&4)%$%#&#'4*%09&o-1%01-&;)%$%#&#';*%/&7.,5('F+&
U'5',1-1%3&%"*,.01#4"01:<&!"&;(,%);%,%*1-&-.,3&!-&0(F?.-()#3&!-&%5;(,7(#*('F+&0(&;(,7(#6%1"('&)'&0%/%"+3& ;(,%);%,%*1-&01$1-1%8
'0%#+&0%"&C15"(F(1&!-&*,'")7.,5+&!"&#'"0%0'*:-':015"(F(%,(3&-+)4"01:%&7'#1-*'*('&0(&'&0(/("%&%',+2%& C1;+&#(&);%,%*1-&'&7.)*&(5%)&0%"&K7(,'&#("*,'-+&'&K7(,(%&0%/%"(3&'5&/+F1*&#+&'&7.)*&!"/(-%*&!"&K7(,':
C15"(F(18&J15'%&!"&'#(')*+&)*',(&-.?.):1-&)'1&01$1-&',(&;.)%@%-%*'*('&)+&#1*,(%(,(&-15%-(&#,('*(&0(& U'5',&#1&.&)(,%(&0(&7-1%0(&5'5',(8&H4"03&5'%&*4,F%13&'&7.)*&*,%5%)&!"&-15('&#,('*+3&%&):'&0'*&;(&,4"0&
P'*+-&)+18 . &$'%"+ & #2)7%#+/ & 1"%0(,)%#+/ & )28',+ & 3% & 48'"(*',+9 &P.*'-%*'*(' & -., & 7.,5('F+ & ;(,%);%,%*1- & 01$1-1%3&
C(&'%#%&0(01#(5A&!")13%&?("*,18&#,('*2,&"1&42'*(&814*'&#1&817%8(&5(&R8&#,('*(/&5',&8(&-10(,"('M+9&{ 7.,5'*&0%"&7-1%0&;)%$%#&#';*%/8
P'*+-&#."01#(&*.*1-3&%',&)1@'-*(,"%%&K+%&(L(#1*+8&P'*+-&(5%*(&-.?.):1,%3&%")*,15("*(&0%"&#(&!"&#(&=& o+#4"01:2%&2#.'-'&!"&=1,1-&1"(%&;-'"*(3&01$1-&*,+%(2*(3&?4"0(2*(&2%&-1#,('F+3&1F4"01:2%&$'%"(-(&
5'%&"15(,.')(3&;,%"&#',(&#1#(,(2*(&R"7%"%*1-3&%5;1"4"01:2%&G(?%-(&')1;,'&#(-.,&0%"&)7(,(-(&#,('*(3&%& 7-1%0%#(3&;(,%);%,%*1-8&C%/%"%*'*('&#,('*.',(&'&.,4"01%*&#'&'#()*(&$'%"(&)+:%&7%(&,(;','*(3&;(&5+)1,'&
5'*(,%%&)'1&01$1,%&0(&.,%#(&?,'08&H1&'-*(&#1/%"*(3&K1;,(51-&#."01#(&-15('&;,%"&-15('&#,('*+&0(&S-8 1F+,%% & -.,8 & !" & '#()* & )#.;3 & ;(,%);%,%*1- & 01$1-1% & (L(#1*+ & . & 0%-'*',( & 2% & . & #."*,'#*',(3 & ')(5+"+*.',(&
P'*+-&"1&#."01#(&-15('&;,%"&)%-"%#%(3&#%&;,%"&%1@%,(8&S-&%1@(2*(&"(?,+%*&*.*&#(&?4"01-&K+1&'&#,('*8& *.,'#(-1%&.51-1%8&H4"0&01$1-&)(&0%-'*+3&%");%,+&7-1%0&0%"&);'6%18&H4"0&)(&#."*,'#*+3&(-%5%"+&7-1%01-&
I#(')*+&%1@%,(&()*(&;1)+&!"&#$%',&)#4"*(%'&*,%5%)+&!"&-15(8&P'*+-&"1&#."01#(&-15('&01;+&;+,(,%& 1F'*&)'1&/%#%'*&0%"&;(,%);%,%*1-&)+18
)#$%5@+*.',(3&#%&01;+&a,0%"(&)'1&G(?%&7+#1*(&0(&S-3&!"'%"*('&#+,.,'&S-&!")12%&)(&!"#$%"+&2%&)(&)1;1"(&%& C',&.',(&01$1-&'@).',@(&.,%#(&7(-&0(&7-1%0D&J18&S-&'@).',@(&0%"&);'6%13&0%"&5(0%1-&)+13&"15'%&
;("*,1&/(#%(8 7-1%0&;)%$%#&-%@(,3&#.,();1"F+*.,&"'*1,%%&7-1%01-1%&#.,;1-1%&)'1&;(,%);%,%*1-1%&)+18
C%"&%1@%,(&P'*+-&'&#,('*&;(&'-&0.%-('&2%&'-&*,(%-('3&2%&;,%"&%1@%,(&:&*.6%&*,(%&:&'1&7+#1*&1"'9&!"'%"*(&>&0(& o-1%01-&;)%$%#&-%@(,&15;-(&1"%/(,)1,%-(&2%&()*(&'5()*(#'*3&7+,+&)+&)(&#.5@%"(3&#1&7-1%01-&7%F%#&
.,%#(&#,('6%(3&S-&'&?4"0%*&2%&7+#1*&1"&;-'"3&2%&';.%&'&;.,"%*&-'&#,('6%%-(&/%%*.',(8&9-'"1-3&".,5'3&5.0(-1-& -%@(,8&9,%"&1,5',(3&!"&);'6%1-&0%"&=1,1-&#.,;1,%-.,&#(,(2*%&(L%)*+&7-1%0&;)%$%#&-%@(,3&%',&!"&#.,;1-&7-1%0%#&
#,('6%(%&2%&5(#'"%)51-&;,%"&#',(&/'&/%(61%&!"&/(2"%#%(3&-(:'&;(#(*-1%*&;,%"*,:.&c(?1-+&)'1&e&G(?(8&!"*E%&'& )'1&;(,%);%,%*1-&01$1-1%&)(&'7-+&7-1%0&;)%$%#&#';*%/8
;2)*&:(-('/&3%&'42%&#,('.%'9 H'&2%&7-1%0(-(&7%F%#(3&7-1%0(-(&;)%$%#(&)1"*&2%&(-(&0(&*,(%&7(-1,%A&).-%0(3&-%#$%0(&2%&?'F.')(8&o-1%0&;)%$%#&
C%/%"1-3&T"1-3&'&?4"0%*&2%&2%:'&').#%'*&;(&'-&0.%-('8&C',&'-&0.%-('&"1&'&/("%*&-'&(L%)*("6+&0(#4*&e&0%"& #';*%/&).-%0&)(&'7-+&!"&=1,1-&)#4"*(%%&#(&#."01#(&/%'6'&1"1%&@.@&0(&5%"(,'-8&o-1%01-&;)%$%#&#';*%/&
%1@%,('&G1%8&C1;+&').#%(,('&C%/%"1-1%&#1&#(-&0(:'-&0.%-('3&'&#$(5'*&-'&/%'6+&2%&;(&'-&*,(%-('3&2%&%&')*7(-& -%#$%0 & !"/(-(2*( & );%,%*1- & 1"(% &;-'"*(3 & 7.,54"0& ;(,%);%,%*1- &1"1% & 01$ & /(?(*'-8 &o-1%01- & ;)%$%# & ?'F.)&
):'&"+)#1*&4,%7'&d,(%7(9&IF%&S-&"'2*(&5(,(1&-.?.):1,%3&7%%"0&/(2"%#&7(,%#%*&2%&%1@%*.,&0(&#.;%%%& Q &K+%8& 7.,5('F+&;(,%);%,%*1-3&;',*('&(L*(,"+&'&01$1-1%&'"%5'-&)'1&15'"8&I2'0',&'/(5&;81%5&4)%$%#&7%"(,'8/ &
H,('6%%-(&P'*+-1%&)1"*&0%/%"(&2%&(&7(,%#%*&)+&#$(5(&-'&/%'6+&7%%"6(&".%3&#.;%%%&K+%8 0(-(*'8&2%&'"%7'8&)'1&17'"9&!"&G.G&#(&'&#,('*&P'*+-&)(&'7-+A
P'*+-&!"*,1;('F+&!"&K%"(&-E"5%,('&2%&%1A%,('&5()+0E,3%*+9&9,%"&?4"0%,(&'&7+#1*3&7'#(&2%&/'&7'#(&e& <8;81%5&"(*,'");2,7'A%8&h&)4%,%*1'8]
*.*1-8&S-&7%%"0&0()+/4,2%*3&?4"0%,('&K'&()*(&-%;)%*+&0(&.,%#(&?,(2('-+8&C,'?.)*('&G:'&!"0(5"'*&)+&#$(5(& V8;81%5&*,'");2,7'A%8&a&0%/%F'*&!"&;81%5&8%A(,&;%M%#&3%&4)%$%#/&3%&;81%5&#'4*%0&;%M%#&3%&4)%$%#9
-'&/%'6+&2%&;(&'-6%%Q&0%"&'#(')*+&#'1F+3&2%&#.;%%%&K+%&!-&%1@()#8 !"&7%"(3&;("*,1&.@6%"(,('&'"15%*.,&,(F1-*'*(3&);%,%*(-(&#.5@%"+&1"(-(&7-1%0(&7%F%#(&#1&#(-(&;)%$%#(&
I)(5("('&)1/(,'"1-1%&1"(%&6+,%&:&#',(&"1&)(&'5()*(#+&!"&*,(@1,%-(&6+,%%&)'-(3&0',&0+&.,0%"( 2%&0'1&"'2*(,(&-'&#.5;12%&0(&;81%5(&;8M%#264)%$%#(9&I)(5("('&#.5@%"'6%%&'1&-.#&!"&7(".5("1-&7.,5+,%%&
5%"%2*,%-.,&)+%3&);,(&@%"(-(&6+,%%&2%&'-&;.;.,1-1%&)+1&:&P'*+-&#("*,'-&.@)(,/+&*.*&#(&'&#,('*3&!"&#(&)*'0%1&% 7'"*.5(-.,&)'1&'-&5'*(,%'-%F+,%-.,8
)(&'7-+&2%3&;.*,%/%*&(/.-16%(%&7%(#+,(%&#'*(?.,%%3&0+&'"15%*(&.,0%"(8&P'*+-&?1/(,"('F+&7+,+&)+&'#6%."(F(&% U1-*(&*'%"(&)1"*&!"&.;(,(-(&P'*+-1%&".)*,1&#(,()#8&C%"&(-(&/+&0+5&2%&/.1+&#4*(/'&7,4"*1,%8
S-&!")12%3&#%&04"0&0%,(#*%/(3&;("*,1&'&)(&'#6%."'&2%&!5;%"?(&*.*1-&);,(&;,.?,()3&;(&;-'"(*(3&).,%&2% S & F% & 0( & )+,@+*.',(3 & #-.;.*1- & )'*1-1% & #$('5+ & #,(0%"#%.2%% & -' & #')' & 0( & ,1?+#%1"(8 & K1"(*1- & )+1&
1"%/(,)1,%8 É j&8 '#.;(,+&)'*1-&2%&)(&;%(,0(&!"&0(;+,*',(8&[.%&'1F%6%&2%&#1".'2*(6%&7(".5("1-&7%F%#A&-%5@'&'&-./%*&@1F'&
H4"0&-.?.):1-&'&7.)*&(5%)&0(&P'*+-&#("*,'-3&o%%%&0(&C15"(F(1&:&;,%51-&?,'0&0(&H,('*.,%3&#%*()#&e& #-.;.*1-1%3&;1"4"01:<&!"*,:.&/%@,'6%(&*,'")5%)+&'(,1-1%&0%"&/(#%"+*'*(8&C',&#(('&((&"1&2*%6%&()*(&#+&
.,0%"1-&!")#,%)&!"&(-&2%3&#."7.,5&'#()*1%&.,0%"3&!-&!5@,'#+&')*7(-&#'&)+&=.'#(&!"&-15(&,.-1-&!")#,%)&!"&(-8& '#()*&#-.;.*3&7%%"0&5'*(,%(&).-%0+3&()*(&!").6%*&0(&7-1%01-&)+1&7%F%#&#';*%/&).-%08&H4"0&#-.;.*1-&'&/%@,'*3&
H4"0&'#()*&,.-&'&7.)*&=1#'*&;4"+&-'&1-*%5'&-%*(,+3&-.?.):1-&)(&/'&!"*.',#(&!"&K7(,':U'5',3&;("*,1&%&'&7%& ;1"4"0&'(,1-&!"&/%@,'6%(3&'&;1)&!"&5%2#',(3&!"&/%@,'6%(3&2%&(*(,1-&7%F%#&#';*%/&).-%0&0%"&=1,1-&)+13&#',(&)(&
0(F@,+#'*&0(&/(#$('&$'%"+&2%&!5@,+#'*&#1&.&'-*+&$'%"+3&01;+&#',(&%&)(&0+&1"&,.-&)1;(,%.,3&2%&%',+2%&()*(& ;,.;'?+&)1@&7.,5+&0( &1"5(&(*(,%#(9 &9(&#4"0 &1"5(8(&'(,%("( &)(&;,.;'?+&;()*(&,(?%1"%-(&)'1&)'*(-(&
*,%5%)&!"&-15(8&I)*7(-3&0%"&;(,7(#6%1"(&!"&;(,7(#6%1"(3&):'&'=1")&;4"+&-'&.53&!"?(,3&N1/(,"'*.,&;-'"(*',3& /(#%"(3&1"0(-(&(*(,%#(&)*,+@'*&);'6%%-(&0(;+,*'*(&0(&;()*(&)1*(&2%&5%%&0(&]%-.5(*,%8&I2'0',&1"0'&(*(,%#+3&
N1/(,"'*.,&).-',&2%&H,('*.,&0%/%"&!"&K7(,':U'5',8E 7-1%0%#+3&):'&;,.01)&#."#.5%*("*&#1&1"0'&'(,%'"+8
C1;+&#15&1"&!"*,1;'*&0(.)(@(2*(&12.,&1"&#.,;&).-%0&0(&1"1-&-%#$%0&)'1&?'F.)3&".%3&01$1,%-(&
0%)*%"?(5&7.',*(&12.,&!"&);'6%1&7-1%01-&).-%0&0(&#(-&-%#$%0&)'1&?'F.)3&)'1&7-1%01-&7%F%#&0(&#(-&;)%$%#8
P.'*+ & '#(')*+ & ?'5+ & 0( & 7-1%0( & ):' & #,('* & !" & K7(,':G'@.,'*.,3 & TF%"' & #,('6%%-.,3 & )(0%1- & 5',(-1%&
Z&;CP;&CPt&I0'5&t'05."&:&!"&H'@'-'&,(;,(F%"*+&a51-&.,%?%"',3&a51-&#(,()#3&;,%"#%;%1-&(5'"'6%%-.,&0%/%"(3&a51-&7+#1*&01;+&#$%;1-&2%& N4"0%*.,3&#',(&;,(F%0('F+&;()*(&0%/%"%%&H,('*.,%&2%&=1"0(&)(&7'#&*.'*(&7(-1,%-(&0(&5'*(,%%8
')(5+"',('&P'*+-1%3&%5'?%"('&)'1&,(7-(#*',('&)1@-%5+&'&C%/%"%*+6%%8&C1;+&1"%%&5%)*%#%&H$,%)*&()*(&)%5%-',&#1&I0'5&t'05."8
V[_ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"&?(, V[U

C%"&H';1-&P'*+-1%&'1&;-(#'*&7-1%0(-(&"(*,'")7.,5'@%-(&:&);%,%*1'-(3&%',&0%"&94"*(#(-(&K+1&'1&;.,"%*& 0(&,',%*'*(3&0(&#."#("*,',(&'-(&'#(-1%'2%&(*(,3&%',&"1&#+&',&7%&).-%0&)'1&-%#$%0&!"&)(")1-&/.)*,18&I#()*(&
*.'*(&7-1%0(-(&*,'")7.,5'@%-(&:&7%F%#(&2%&;)%$%#(8 *,(%&0%/%F%1"%&)1"*&?("(,'-(3&0',&!"&#'0,1-&7%(#+,1%'&)(&;.*&7'#(&!"#+&*,(%&0%/%F%1"%&0(&)*+,%8
o-1%01- & ()*( & . & 5'*(,%(3 & ;("*,1 & #+ & 0%" & (- & ):' & #,('* & *.*1-3 & 0', & '#(')*+ & 5'*(,%( & ()*( & /%(3 & 7%%"0& H' & )+ & 7%1 & !"6(-()3 & /.% & -1' & )*',(' & 0( & (*(, & ).-%0Q & !" & )4"1- & '#()*1%' & (L%)*+ & *,(% & )1@0%/%F%1"% & 0(&
#.")*%*1%*+&0%"&;',*%#1-(&/%%3&#1&/%'6+&;,.;,%(3&(-(&5%2#4"01:)(3&/%@,4"03&)%56%"0&2%&,('#6%."4"0&#1&0(& #."#("*,',(A &)28%56)28%5/&328%568%#$%5 &2% &)28%56-'M2)9 &C(&')(5("('3&!"&(*(,1-&-%#$%0&)(&0%)*%"?&*,(%&
-'&)%"(&;1*(,(8 )*+,%A &8%#$%56)28%5/&8%#$%568%#$%5 &2% &8%#$%56-'M2)9 &!"&7%"(3&!"&(*(,1-&#(-&5'%&7%"3&(*(,1-&?'F.)3&)1"*&0(&
I#15&)+&7'#(5&1"&5%#&,(F15'*8&SL%)*+&*,(%&7(-1,%&0(&7-1%0(A&<8&7-1%0(&-%@(,(Q&V8&7-1%0(&#';*%/(Q&X8& ')(5("('&*,(% & *,(;*(&0(& (*(,A &-'M2)6)28%5/ & -'M2)68%#$%5 &2% &-'M2)6-'M2) &: &#(-&5'% & 7%"&0%"*,(& *.'*(&
7-1%0(&);%,%*1'-(Q&7%(#',(&0%"&(-(&7%%"0&0(&*,(%&7(-1,%A&).-%0(3&-%#$%0(&2%&?'F.')(8&C%"&;1"#*1-&0(&/(0(,(& (*(,1,%-(&9+54"*1-1%8&K+&"1&)(&;%',0+&0%"&/(0(,(&#+&"(:'5&#."#("*,'*&)*10%1-&0.',&')1;,'&(*(,1-1%&0%"&
'-&);%,%*(-.,3&(L%)*+&%',+2%&*,(%&#'*(?.,%%&0(&7-1%0(A&<8&7-1%0(&7%F%#(Q&V8&7-1%0(&;)%$%#(Q&X8&7-1%0(&7%F%#.: =1,1-&;+54"*1-1%8
;)%$%#(Q&0%"&7%(#',(&(L%)*4"0&#4*(&*,(%&7(-1,%A&).-%0(3&-%#$%0(&2%&?'F.')(8&I2'0',&(L%)*+&0.1+&?,1;1,%&0(& C%"&#(-(&(L;1)(&,(%()(&#+&/.%3&.'5("%%&*,1;(2*%3&/+&5%2#'6%&!"&*.'*(&;+,6%-(&;,%"&(*(,1-&).-%0:).-%03&
#4*(&".1+&7-1%0(8 0(&-'&)1;,'7'6'&;+54"*1-1%8
IF% & ;1*(6% & 0%)#1*' & !" & 0(;-%"+ & -%@(,*'*( & .,%#( & /+ & /%"( & !" & 5%"*(3 & '@.,04"0 & 2% & *+,451,% & .#1-*(3& !"*,:.&'-*+& #.51"%#',(3&6%:'5&);1)&#+&#(-(&*,(%&7-1%0(&0%"& =1,1-&;+54"*1-1%&'1&7%(#',(&#4*(&.&
);%,%*1'-%)*(8&R"&/,(51,%-(&'"*%#(3&#(%&#(&'/('1&".,.#1-&)+&7%(&%"%6%'6%&!"&*'%"(-(&)7%"*(&(,'1&.;,%6%&)+& #1-.',(A&7-1%01-&).-%0&()*(&,.213&7-1%01-&-%#$%0&()*(&'-@')*,1&2%&7-1%01-&?'F.)&()*(&'-@8&H4"0&"(&'7-+5&!"&
/.,@(')#+&!"&-15(3&)1@&;(0(';)+&0(&5.',*(8&S,'&;(,5%)+&0%)#16%'&!"*,(&%"%6%'6%3&0',&;("*,1&#+&'#(2*%'& F."'&'-@+3&/(0(5&(*(,1-&0(&)1@&".%&:&#(-&0%"&F."'&'&R%:'3&0(&#1-.',(&'-@')*,+8&[.%&/+&'7-'6%&!"&F."'&
(,'1 & 1,5+,%6%& 0( &);%."%%&*(5;-(-.,3 &#' & "1&#15/' &)+ &0%/1-?(& #(/'3&@%(*1-&%"%6%'*& 0(/("('&1" & 51*& ,.2%(Q&#4"0&/+&1%*'6%&!"&)1)3&/(0(6%&(*(,1-&0%"&F."'&'&R%:'&2%&0%"&'#(')*+&#'1F+&#(,1-&/%&)(&;',(&'-@')*,18&
0()+/4,2%*&!"&;,%/%"6'&#1".2*%"6(-.,&0.@4"0%*(&!"&*(5;-18&H1".)#4"0&)(5"(3&)%5@.-1,%&2%&!"6(-()1-& 9,%"&1,5',(3&"1&/(F%&#1-.',('&(*(,1-1%&F."(%&1"0(&*(&'7-%3&#%&;(&'&#(-(%&)1;(,%.',(&)'1&%"7(,%.',(8&C'#+&
"15(,(-.,3&%"%6%'*1-&0()("'&1"&)(5"&.',(#',(&)'1&)#,%'&1"&"15+,3&#'&0%"&=.'#+&)'1&!"*45;-',(8&H(-&0(& /:'6%&'7-'&!"&F."'&'&0.1'&2%&/:'6%&1%*'&!"&)1)3&'6%&/(0('&'-@&:&#1-.',('&F."(%&!"*4%'3&'&(*(,1-1%&?'F.)3&%',&
'-+*1,%3&0'#+&(,'&2%&(-&1"&%"%6%'*3&/+F4"0&'#(-&"15+,&)'1&)(5"3&2*%'&#1&#%"(&',(&0(:'&7'#(&2%&)#,%'& 0'#+&/:'6%&1%*'&!"&=.)3&'6%&/(0('&,.21&:&#1-.',('&F."(%&'&R-R:'3&'&(*(,1-1%&).-%08
"15+,1-&.@6%"1*&;,%"&)15'&#%7,(-.,&,(01)(&-'&1"%*'*(8&I)*7(-&;,10("*&)1@*%-&2%&#1&5',(&*('5+3&)(& C%"&#(-(&);1)(&5'%&)1)&#1".2*%&#+&!"&=1,1-&;+54"*1-1%&(L%)*+&*,(%&)7(,(&,.2%%3&*,(%&'-@')*,(&2%&*,(%
0(F/+-1%'1&#+&)1"*&%"%6%'6%8 '-@(3&0(.)(@%"01:)(&7%(#',(&01;+&"1'"6(-(&5'%&0()#$%)(&!"&)1)&2%&5'%&!"#$%)(&!"&=.)8&P.*1-&!"&"'*1,+
R'*+&'#15&)%"*(F'&"15(,(-.,&7-1%0(-.,A&*,(%&7%F%#(3&*,(%&;)%$%#(&2%&1"1-&"+)#1*&0%"&#.5@%"'6%'&-.,3& ()*(&#.-.,'*A&;-'"(*(3&)*(-(3&(*(,1,%&2%&01$1,%8 %
'0%#+&7%F%#.:;)%$%#3&)15'&-.,&7.,54"0&"15+,1-&_8&P,(%&7(-1,%&0(&7-1%0(&-%@(,(3&#';*%/(&2%&);%,%*1'-(&7'#& R',+2%&,(;(*A&#(('&#(&/(0(6%&/.%&"1&#.,();1"0(&#1&#(('&#(&/(0(5&".%8&9("*,1&#'&01$1-&)+&'%@+&
s8&9,%"&1,5',(3&"15(,(-(&X3&_3&s3&V_3&v<&(*#8&)1"*&"15(,(&01;+&#',(&C%/%"%*'*('&'&'-#+*1%*&*.*1-&!"& #1".2*%"6+&0(&;(,#(;6%%-(&.51-1%&*,1;()#3&',(&"(/.%(&)+&)(&!"*,1;(F(8&C'#+&"1&',&#.@.,!&!"&*,1;3&
#,('6%'&K'8 ".6%1"%-(&01$1-1%&):',&5+,?%"%&-'&#1".2*%"6(&,(7(,%*.',(&-'&-15('&(*(,%#+3&2*%%"6'&)'&7%%"0&%"#.5;-(*+8&
f5 & .5%) & )+:6% & ;.5("()# & 0( & ,(;',*%F',(' & 7-1%01-1% & 7%F%# & -%@(, & !" & '*5.)7(,' & ;-'"(*(% & ".')*,(8& H45;1- & #1".2*%"6(-., & .@6%"1*( & ;,%" & %"*(,5(0%1- & *,1;1-1% & ()*( & -',?3 & 0(.',(#( & 7.,5(-( & 0( & .5 & 2%&
I*5.)7(,'&7-1%0%#+&'&9+54"*1-1%&',(&*,(%&F."(&7-1%0%#(&7%F%#(A&'8A+/&'8A')*,+&2%&,23%(9&!"&7%(#',(&0%"& #.")*%*16%%-(&-1%&)1"*&(L*,(5&0(&"15(,.')(3&;(&0%7(,%*(-(&;-'"(*(&'-(&)%)*(5(-.,&;-'"(*',(8
'#()*(&*,(%&F."(&)(&'7-+&7-1%0&;)%$%#&-%@(,3&,(;',*%F'*&')*7(-A&!"&F."'&'&R:'3&'-@+3&?+)%5&7-1%0&;)%$%#& H(&0(&5%"1"+6%%&)1"*&;(&'%1,('M&C'#+&-(:'6%&2*%3&'6%&F%#(A&BC.'5"(3&7+&)+&*,('#+&5'%&,(;(0(&
?'F.)Q&!"&F."'&'&RR:'3&'-@')*,+&:&7-1%0&;)%$%#&-%#$%03&%',&!"&F."'&'&R-R:'3&,.2%(3&#('&0(&-'&)1;,'7'6'& *%5;1-&)+&;-(#&0(&;(&'#(')*+&;-'"(*+&!"&6','&7(,%#%,%%3&1"0(&/.%&'/('&-'&0%);.F%6%(&'-*(&#.5.,%3&'-*(&
;+54"*1-1%3&)(&'7-+&7-1%0&;)%$%#&).-%08&R"&'#()*(&7-1%0(&!".'*+&01$1,%-(&2%&#1&(-(&!2%&,(;',+&#.,;1-& %")*,15("*(3&)1;(,%.',(&#(-.,&'#*1'-(E8
;-'"(*',8 c(;(*&5(,(13&#'&)+&)(&!"*%;+,(')#+&!"&#."2*%%"6'&/.')*,+&'0(/+,1,%-(&".')*,(8&P.*1-&(/.-1('F+3&
!"&5%"*('&/,(1"1%'&0%"*,(&/.%&)(&;.'*(&"'2*(&!"*,(@',('A&Ba',(&7-1%01-&#';*%/&"1&;.'*(&;+,+)%& 5'*(,%%-(&2%&01$1,%-(8&K;'6%%-(&)1"*&;-%"(&0(&;-'"(*(&2%&).,%3&0',&"%#%&1"1-&"1&(&')(5("('&#(-1%-'-*8&
#.,;1-&*(,()*,13&0(/("%"0&-%@(,DE&J13&;("*,1&#+&5',%%&H,('*.,%&0%/%"%&0%"&K7(,':U'5',3&'1&.,4"01%*&#'& SL%)*+&;-'"(*(&1"0(&*,1;1-&()*(&,10%5("*',&#(-1%&0(&;(&9+54"*3&2%&(L%)*+&;-'"(*(&1"0(&.51-&',(&1"&
7-1%01-&#';*%/&)+&"1&)(&;.'*+&)(;','&0(&5'*(,%'&7%F%#+&'&9+54"*1-1%3&.,%#(&7.,5+&',&'/('&('3&;4"+&"1& *,1;3&1"&%")*,15("*&)1;(,%.,&#(-1%&0(&'%#%8&9(&1"(-(&;-'"(*(&(L%)*+&.'5("%&0(&V:X&#("*%5(*,%3&'%&#+,.,&
)(&/'&!"*.',#(&-'&H("*,1-&#,('*.,8&o%(#',(&7(-&0(&7-1%0&()*(&)1;1)&1".,&-(?%&);(#%'-(8 .#$%&)1"*&'0(/+,'*(&5%#,.)#.';(3&/+F4"0&#.,;1,%&)'1&7%%"6(&/%F%@%-(&/.1+&0.',&-'&5%#,.)#.;8&9(&'-*(&
9,%"&1,5',(3&;+54"*1-&()*(&!"/(-%*&0(&.&;+*1,+&?,.')+&7.,5'*+&0%"&*,(%&#'*(?.,%%&0(&7-1%0(&7%F%#(& ;-'"(*(&(L%)*+&1,%'2%&0(&F(#%&0(&5(*,%3&'%&#+,.,&.#$%&/+0&'*4*&0(&0(;',*(3&!"#4*&;("*,1&/.%&;.*&7%&
-%@(,(&2%&0%"&*,(%&#'*(?.,%%&0(&7-1%0(&;)%$%#(&-%@(,(8&U'*(,%%-(&9+54"*1-1%&'1&7-1%0(&7%F%#(&#';*%/(&)1@& #.")%0(,'6%&'0(/+,'*(&*(-()#.';(8
*,(%&)*+,%8&C1$1,%-(&-%@(,(&)'1&!"*,1;'*(&7%%"0&0(&*,(%&7(-1,%&:&'-@(3&'-@')*,(&2%&,.2%%&:&'1&2%&(-(&*,(%&7(-1,%& I;,.';(&#+&"1&(L%)*+&;-'"(*+&!"&1"%/(,)&1"0(&)+&-%;)(')#+&/%'6'&*,1;(')#+3&)1@&.&'"15%*+&7.,5+&
0(&7-1%0(&;)%$%#(&#';*%/(8 2%&#.")*%*16%(8&I#.-.&1"0(&;,%/()#&')*,.".5%%&/.2*,%&2%&0(#-',+&#+&"1&(L%)*+&B/%'6+E3&;("*,1&1"&5.*%/&
H$%5%'&#1".)#1*+&0(&/.%&()*(&1"&@%(*&'@(#(0',&7'6+&0(&/')*'&#$%5%(&,('-%F'*+&!"&1"%/(,)&;,%"& )'1&'-*1-3&(1&'7%,5&#+&(L%)*+8&P.*&#(&(&;-'"(*+&',(&/%'6+&*,1;(')#+&)1@&.&7.,5+&.',(#',(8&J15'%&
#.5@%"',('&7-1%0(-.,&7%F%#(8&!"&)*'0%1-&'#*1'-&'-&#1".2*%"6(-.,&/.')*,(3&()*(&%5;.)%@%-&)+&/+&7'#(5& )'*(-%6%%&-.,&"1&'1&/%'6+&*,1;(')#+3&0(.',(#(&(%&)1"*&'"*%#'5(,'&;-'"(*(%3&-.#1,%&0(&;.;')3&7%(&;("*,1&
#1".)#1*+&#$%5%'&#(,(')#+3&0(.',(#(&":'6%&;1*('&#-+0%&2%&1,5+,%&;,%"&'@)*,'#6%(&51-*%;-(-(&#.5@%"'6%%& 01$1,%-(&).)%*(3&7%(&;("*,1&#(-(&#',(&;+,+)()#&'#('&;-'"(*+8
7-1%0%#(8& C()#,%(,%-(& 0(&5'%&)1)& /+&)1"*& )17%#%("*(3&.,%#15&5+&*(5&#+&-(&/(6%&!"#1,#'&!"& 5%"*('& P.'*(&;-'"(*(-(&)%)*(51-1%&".)*,1&'1&*,1;1,%8&SL%)*+&1"&;','-(-%)5&!"*,(&(/.-16%'&*,1;1-1%&2%&'&
/.')*,+8&[.,&/("%&0()#.;(,%,%&".%&!"&,';.,*&#1&(-(#*,%#%*'*('3&2%&'*1"#%&/(6%&!"6(-(?(&5'%&12.,&'@)*,'#6%%-(& );%,%*1-1%3&0',&*,(;*(-(&5',%&'-(&(/.-16%(%&"1&5(,?&0%"&;-'"(*+&!"&;-'"(*+3&#%&0%"&')*,1&!"&')*,13&2%&
(L;1)(&0(&5%"(&'F%3&')1;,'&'#()*.,&#4*(/'&#'*(?.,%%&0(&(*(,1,%8 7%(#',(&')*,1&',(&.&)1@0%/%F%1"(&'&)'3&.&;-'"(*+&1"0(&)(&#."*%"1+&(/.-16%'&0(&'#.-.&0(&1"0(&);%,%*1-&'&
H4"0&1"&.5&',(&#')(3&5.2%%3&@'"%3&@%=1*(,%%&(*#3&)(&F%#(&#+&(&@.?'*8&C'3&()*(&@.?'*3&0',&"15'%&#4*& !"*,(,1;*:.3&!"*,:1"&'-*&)%)*(58
/'&*,+%3&#+#%&?.-&'&/("%*&!"&-15('&*,1;(')#+3&?.-&)(&/'&!"*.',#(&-'&".%8&T"&.5&#1&'0(/+,'*&@.?'*&()*(& K;%,%*1-&!"/'6+&!"&/(2"%#%(3&%',&S'*1,'&()*(&#',*('&;(&#',(&C%/%"%*'*('&%:'&;1):.&-'&!"0(54"+3&2%&
;-%"&0(&%0(%3&0(&#1".2*%"6(3&0',&"%#%&'#()*('&"1:%&;.*&0'&0(#4*&.&)'*%)7'#6%(e&(7(5(,+&2%&!"&#('&5'%&5',(& 1"0(&H,('*.,1-&'&)#,%)&*.'*+&2*%%"6'&K'8
;',*(&"(,('-+3&#+#%&"1&*.'*(&#1".2*%"6(-(&.51-1%&*,1;()#&)1"*&(L'#*(8&!")+&.51-&#',(&'&'/1*&7(,%#%,('& H.-%"04"0&;,%"&'-*(&F(#%&0(&;-'"(*(3&01$1,%-(&(/.-1'*(&'1&/+F1*&#15&()*(&#.")*,1%*&'#.-.&.#$%1-&
0(&'&'#151-'&#1".2*%"6(&0%"&-15('&".')*,+3&0();,(&.;(,(-(&H,('*.,1-1%3&()*(&#1&'0(/+,'*&@.?'*&2%& !"*,1;'*1-1%&#',(&/(0(&7%%"6(-(&5%#,.)#.;%#(8&S-(&):'1&!"*.,)&2%&#4"0&):'1&!"*,1;'*&'1&%5'?%"'*&-("*%-+&
7(,%#%*8 -4"?+&-("*%-+3&01;+&)-'@(-(&-.,&'5%"*%,%3&2%&')*7(-&.51-&*,1;()#&'&"+)#.#%*&5%#,.)#.;1-8
a51-&#1&'0(/+,'*&87(,%#%*&'&)*,+@+*1*&".%'"1-&5%%-.,&2%&)1*(-.,&0(&5%%&0(&'"%&0(&)17(,%"6(3&0(&/%(6%& o%(#',(&%"/("6%(&*(,()*,+&()*(&,(;,.01#(,('&%")*,15("*(-.,&!"*,(@1%"6'*(&0(='&;(&'-*(&;-'"(*(8&S-(&'1&
;()*(&/%(6%&*,1;(2*%3&,%0%#4"01:)(&;4"+&-'&,'"?1-&0(&'&;1*('&;,%5%&#1".2*%"6(&0(&-'&1"&7%)%2"',&#(,()#& 7.)*&;,(F("*'*(&01$1,%-.,&'-@(&'-(&9+54"*1-1%&0(&#+*,(&!"?(,%%&".2*,%3&#4"0&'&E).)%*&5.5("*1-&(/.-1*%/&
6&#',(&'&;,%5%*&.,0%"&0%"&K7(,(-(&!"'-*(3&)+&,(/(-(F(&0%"&*'%"(-(&/%(6%%&2%&'-(&1"%/(,)1-1%8&H1".2*%"6(-(& '-&';',%6%(%&1".,&')(5("('&%")*,15("*(&)'1&';','*(&;(&?-.@1-&".)*,13&!"&"'*1,+&(L%)*+&*,(%&7(-1,%&0(&
;,%5%*(&!%&0()#$%0&1"&/')*&.,%F."*&'-&!"6(-(?(,%%&/%(6%%8&P'%"(-(&"(2*%1*(&0(&-15('&*(,()*,+&%&)(&7'#& (/.-16%%A
#1".)#1*(3&2%&("%?5(-(&#(&7,+54"*+&5%"*('&.5("%,%%&!2%&#';+*+&0(F-(?',('8 <8(/.-16%'&);%,%*1-1%Q
V8(/.-16%'&;(,%);%,%*1-1%Q
)4''',+'''$
X8(/.-16%'&*,1;1-1%8
S/.-16%'&;(,%);%,%*1-1%&0(;%"0(&0(&);%,%*1-3&;1,*+*.,1-&'#(-1%&!"/(-%28&S/.-16%'&*,1;1-1%&0(;%"0(&0(&
W%-(-(&*,(#1*(&6%:'5&);1)&#+&!"&=1,1-&;+54"*1-1%&(L%)*+&.&'*5.)7(,+&0(&7-1%0&-%@(,&!5;+,6%*&!"&*,(%& (/.-16%'&;-'"(*(%&1"0(&*,+%(2*(&*,1;1-&,();(#*%/3&'-#+*1%*&0%"&5'*(,%'&;-'"(*',+8&I2'0',&*,1;1-&!2%&',(&
#'*(?.,%%A&).-%03&-%#$%0&2%&?'F.)8&H4"0&);1"&).-%03&-%#$%0&2%&?'F.)3&/,('1&)+&)(&!"6(-('?+&)*+,%&0(&7%"(6(3 ;,.;,%%-(&71"#6%%&2%&-(?%3&!"0(;-%"%*(&7+,+&2*%,('&)'1&#1".2*%"6'&01$1-1%8
V[V >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"&?(, V[W

S*(,1-&5'?"(*%# P,+%"0&!"&5%=-.#1-&"'*1,%%&2%&!"*4-"%"0&-'&*.*&;')1-&7-1%01-&7%F%#3&01$1-&%'&;("*,1&"(/.%-(&)'-(&
7,'?5("*(&0%"&'#()*&7-1%03&-(&#.5@%"+&!"&0%7(,%*(&#$%;1,%3&.@6%"4"0&.&%"7%"%*'*(&0(&#.5;12%&7-1%0%#%8&
I-*(.,%3&0()#.5;1"(&)'1&0%).#%'F+&7-1%01-&7%F%#3&!"&/(0(,('&)#.;1-1%&1,5+,%*8
R"&)(,%'&"()74,2%*+&'&0%7(,%*(-.,&7(-1,%&0(&(*(,1,%&)'1&7-1%0(&)(&'7-+&2%&;81%518&7'-"(*%#9&IF%& I)(5("('&.;(,'6%%&"1&-(&;.*&7'#(&0(#4*&01$1,%-(&#',(&;.)(0+&#1".2*%"6(&!"'-*(&0(&#$%5%(&2%&7%F%#+&
'5&)+&%")%)*&')1;,'&'#()*1%&7(-&0(&(*(,8 7-1%0%#+3&7%%"0&7+#1*(Z5'%&'-()&#1&.#'F%'&0%7(,%*(-.,&(/("%5("*(&'-(&(L%)*("6(%&.51-1%A&-'&!"*,1;',('&
!"&"'*1,+&!"*4-"%5&0.1+&7(-1,%&0(&7-1%0(&5'?"(*%#(A&<8&;%M%#(]&V9&4)%$%#(9&SL%)*+&.&0(.)(@%,(&5',(&!"*,(& 01$1-1%3&!"&*%5;1-&/%(6%%&.51-1%&*,1;()#&2%&-'&5.5("*1-&;+,+)%,%%&*,1;1-1%&0(&#+*,(&01$3&)'13&%"#.,(#*&
(-(&2%&#1&*.'*(&'#()*('3&!"&7%%"6'&".')*,+3&#'&2%&'&*1*1,.,&7%%"6(-.,&0(&;(&9+54"*3&?+)%5&'5@(-(&7(-1,%&0(& );1)3&-'&5.',*('&.51-1%8&I#(2*%&.;(,'*.,%&7-1%0%#%&;.',*+&"15(-(&0(&5()'?(,%A&7()'-(,18&!"*,14+,%%/&
7-1%0&5'?"(*%#8&C%"&(#$%-%@,1-&-.,&%'&"'2*(,(&5'"%7()*',('&)'1&/%'6'&7.,5(-.,&*,1;(2*%8 7()'-(,18&)+"+*+.%%&)'1&'8&A28%%&2%&7()'-(,18&5()*,14+,%%9
G'&,4"01-&)+13&7%(#',(&7-1%0&5'?"(*%#&:&7%F%#&2%&;)%$%#&:&()*(&0(&0.1+&7(-1,%A&<8 &42M%*%0]&V9&"(-'*%09& J1&(L%)*+&7.,5+&#',(&)+&"1&'%@+&7-1%0&7%F%#8&I#(2*%&5()'?(,%3&)'/'"6%&#(,(2*%&-1#,('F+&5(,(1&
a,%#(&7%%"6+&*,1;(')#+&:&;-'"*+3&'"%5'-&)'1&.5&:&/'&'/('&!"&#.,;1-&(%&7-1%0(&5'?"(*%#(&7%F%#(&;.F%*%/(& ')1;,'&7-1%0(-.,&7%F%#(&'-(&'#()*.,&7.,5(3&7%(&(-(&5%"(,'-(3&/(?(*'-(3&'"%5'-(&)'1&15'"(8&o%(#',(&
2%&"(?'*%/(3&2%&7-1%0(&5'?"(*%#(&;)%$%#(&;.F%*%/(&2%&"(?'*%/(8&I).#%'6%'&'#()*.,&;'*,1&7(-1,%&0(&7-1%0(& 7.,5+&',(&!"&)4"1-&(%&1"&7-1%0&7%F%#&2%&'-*1-&;)%$%#8&I).#%(,('&'#()*.,&0.1+&7-1%0(&()*(&!"*,:1"&(#$%-%@,1&
5'?"(*%#( & : & 7%F%# & ;.F%*%/ & 2% & "(?'*%/ & 2% & ;)%$%# & ;.F%*%/ & 2% & "(?'*%/ & : & #."*,%@1%( & #' & 7.,5' & /(?(*'-+3& %")*'@%-3&;,./("%*&0%"&1F',('&#."*%"1+&'&'#()*.,&7-1%0(&2%&;,%5("%,('&-.,&#1&'-*(&7-1%0(&'@).,@%*(&0%"&
'"%5'-+&)'1&15'"+&)+&)(&5%2*(3&)+&)%5*+3&)+&*,+%')#+3&!"&)(")1-&/.)*,1&*,1;()#3&'0%#+&)+&)(&5'"%7()*(& 5(0%1-&!"#."=1,+*.,8
/+0%*&.#$%-.,&/.2*,%8 C(&-'&P'*+-&#("*,'-&).)()#&0.%&#1,("6%&#(&#."6%"&/%'6+&7%F%#+&2%&;)%$%#+8&S%&#%,#1-+&;,%"&#.)5.)3&
o.,5'&*,1;(')#+&',(&5'?"(*%)5&7%F%#3&%',&;(,%);%,%*1-&',(&"15'%&5'?"(*%)5&;)%$%#8&H4"0&1"&01$& ;,%"&#(-(&;'*,1&1"%/(,)1,%3&;(&-4"?+&*.6%&).,%%&2%&*.'*(&;-'"(*(-(3&2%&0(&'%#%&;-('#+&';.%&'-6%&0.%&#1,("6%3&
',(&!"&#.,;1-&)+1&;(,%);%,%*1'-&5'%&51-*&5'?"(*%)5&;.F%*%/3&F%#(5&#+&'#(-&01$&()*(&5')#1-%"%F'*3&%',& #',(&)(&!"*.,#&-'&H("*,1-&,(?("(,'*.,3&7.*&#(&/%"(&0(&-'&H("*,1&!"*,(6%"(&/%'6'&7.,5(-.,8&P.*&#(&'&)(,/%*&
#4"0&01$1-&',(&!"&;(,%);%,%*1-&)+1&5'%&51-*&7-1%0&5'?"(*%#&"(?'*%/3&F%#(5&#+&()*(&7(5%"%F'*8 /%'6'&7.,5(-.,&)(&!"*.',#(&-'&H("*,13&;("*,1&'&7%&,(7+#1*&2%&';.%&*,%5%)&0%"&".1&!"&)7(,(-(&#,('*(8
C1$1,%-(&"1&'1&)(L3&(-(&)1"*&;(,7(#*&')(5+"+*.',(&-'&7.,5+8&C(.)(@%,('&#.")*+&"15'%&!"&!"#+,#+*1,'& Z&C1$1,%-(:5()'?(,%&'-*.%()#&#1&7-1%0&-%@(,&7-1%0(-(&#';*%/(8&9,%5'&'-*.%,(&'1&7+#1*:.&5',%%&H,('*.,%3&
7-1%01-1%&5'?"(*%#&;.F%*%/&)'1&"(?'*%/8&I5@(-(&01$1,%&'1&7.)*&#,('*(&'@).-1*&-'&7(-3&0',&H,('*.,1-3& #',(&#.@.,4"0&'%#%&'1&7+#1*&;,%5(-(&7.,5(8&C1;+&;-(#',('&-.,3&'-*.%,%-(&'1&7.)*&7+#1*(&0(&5',%-(&
;,%"&c(;,(F("*'"6%%&K+%&)(#1"F%3&-(:'&!"#+,#'*&!"&5.0&0%7(,%*3&!"&/(0(,('&.;(,(%&-'&#',(&)1"*&#$(5'*(8& 01$1,% & '"?(-%#(3 &!"*,1;'*( & !" &;,%5(-( & 7.,5(8 & S-( & '1 & 7.)* & 1,5'*( & 0(& 01$1,%-( & 15'"(8 & C( &'*1"#%3&
H4"0&)(&/'&,(!"*,1;'3&01$1-&5')#1-%"%F'*&/'&-1'&0(&-'&;+,%"6%%&)+%&.&#'"*%*'*(&0(&7-1%0&5'?"(*%#&7%F%#& !"*,1;+,%-(&)1"*&#."*%"1'*(&0(&01$1,%&15'"(3&;4"+&-'&)74,2%*1-&'#()*1%&?-.@&#(,()#8
"(?'*%/8&a51-&@+,@'*&/'&'/('&!"&7%%"6'&)'&1"&7-1%0&5'?"(*%#&;)%$%#&;.F%*%/&1"%*&#1&1"&7-1%0&5'?"(*%#& [%'6'&-%@(,+&',(&.&5%2#',(&#%,#1-',+&2%&!"&'#(-'2%&*%5;&!"&F%?:F'?8&S'&/%/%7%#+3&0',&2%&.5.',+8&
7%F%#&"(?'*%/8&G'&01$1-&7(5%"%F'*&()*(&%"/(,)Q&.51-&7(5(%(&/'&'/('&1"&7-1%0&5'?"(*%#&;)%$%#&"(?'*%/& U%2#',('&#%,#1-',+&!"*,(6%"(&/%'6'&#';*%/+3&%',&#('&!"&F%?:F'?&0();,%"0(&/%'6'&0%"&7.,5+&2%&.&;1"(&!"&
').#%'*&#1&7-1%0&5'?"(*%#&7%F%#&;.F%*%/8&G'&7(-&)(&!"*45;-+&2%&!"&,(?"1-&'"%5'-8&I2'0',&.,%#(&.5&)'1& -%@(,*'*(8&!"&-15('&#,('*+&)(&7'#(&2%&,(7'#(8&H1&'-*(&#1/%"*(3&'"15%*(&01$1,%&0(&'%#%3&0%"&-15%-(&#,('*(3&
'"%5'-&()*(&.&7%%"6+&01@-+&0%"&;1"#*&0(&/(0(,(&5'?"(*%#3&#.,;1-&)+1&;-'"(*',&7%%"0&7.,5'*&0%"&7-1%0(& 7'#&!"&5%"%'*1,+&#(('&#(&5',%%&H,('*.,%&7'#&-'&)#',+&1,%'2+&!"&5',(-(&G'@.,'*.,&#("*,'-8
5'?"(*%#(&#."*,',(&#1&'-(&;(,%);%,%*1-1%&)+18 !"&-15('&01$1,%-.,&)(&#1".'2*(&'#()*&-1#,18&C(&'#(('&#4"0&1"1%&01$&!"*,1;'*&%&)(&%'1&0%"&7-1%0(-(&
!"*,:.&;,(-(?(,(&;,(#(0("*+&'5&;.5("%*&0( &;81%5(&;%M%#(&8%A(,( &2% &#'4*%0(/ &2%&0( &;81%5(&4)%$%#(& )'-(&0(&/,'6+&*,1;(')#+3&"%5("%&"1&)(&,(/.-*+3&0(.',(#(&)(&#1".'2*(&.;(,'&0%/%"+&7+#1*+&0(&5()'?(,%%&
8%A(,(&2%&#'4*%0(9&o-1%01-&7%F%#&-%@(,&',&7%&#.5;','@%-&#1&#.,;1,%-(&/.')*,(&).-%0(3&%',&7-1%01-&;)%$%#&',&7%& 0()(5"'6%&0(&#."01#(,('&;-'"(*(%&".')*,(8
#.5;','@%-&#1&#.,;1,%-(&/.')*,(&-%#$%0(8&P,+%"0&2%&;-1*%"0&!"&)4"1-&-.,&#'&1"&@'-."&)'1&'(,.;-'"&;,%"& T"(.,%3&.51-&*,(#(&;,%"&0%7(,%*(&7.,5(&0(&@.'-+8&S-(&)1"*&7,1#*1-&1".,&?,(2(-%3&%',&@.'-'&'&*.)*&
'(,3&01$1-&',&#.,();1"0(&)*+,%%&#.,;1,%-.,&/.')*,(&?'F.')(8 ;,./.#'*+&0(&5()'?(,%%&#(&';-%#+&-(?('&;(0(;)(%3&0%#*'*+&0(&o.,1,%-(&)1;(,%.',(8&J1&*(&,(/.-*'&7,'*(3&
H,('*.,1-&"(:'&#$(5'*&-'&/%'6+&2%&"(:'&0'*&;1*(,('3&7'#1-*'*('&0(&'&'@).,@%&'5@(-(&7-1%0(&2%&0(&'&-(& #+#%&#1-(?%&#(('&#(&'%&)(5+"'*8&I%&?,(2%*3&;-+*(2*%3&2%&';.%&!6%&/(%&#."*%"1'&7%,1-&/%(6%%&5'%&0(;',*(3
*,'")7.,5'&2%&1*%-%F'8&I2'&7%%"03&;1*(5&'@).,@%&2%&,(6%"(&!"&#.,;1-&".)*,1&7-1%0&5'?"(*%#&7%F%#&2%&;)%$%#8&
C(&#4"0&P'*+-&"(:'&#,('*3&-1#,+5&5(,(1&')1;,'&5(0%1-1%&!"#."=1,+*.,3&'@).,@%"0&2%&;,(7'#4"0&5'*(,%'& #4*&*%&):'&.,4"01%*8
(*(,%#+&2%&';.%&(-%@(,4"0:.&;(&.&*,(';*+&#1&#(/'&5'%&!"'-*+&0(#4*&(,'&!"'%"*(8&J.%3&0(#%3&)1"*(5&5%#%& J();1)&0(&?,(2%*&()*(&#(-&#(&!2%&)1;,%5+&/%'6'&*,1;(')#+3&0(.',(#(3&!"&0(7%"%*%/3&*,1;1-&"1&(&"15'%&
'=1*+*.,%&'%&(/.-16%(%&?("(,'-(8 .;(,'&)'3&#%&2%&'&'-*.,&01$1,%3&#',(&!"&"15(-(&H,('*.,1-1%&'1&#."-1#,'*&-'&!"*,1;',('&)'8&R"*,1;'*1-&!2%&
P.*1-&)(&"'2*(3&*,+%(2*(&2%&';.%&5.',(3&"15'%&01$1-&*,+%(2*(&!"&/(2"%#%(8&!"&,('8%*'*(/&*2*18&*,+%(3*(/&52',& 0(';+"+&/%'6'&7+,+&)+&2*%(&#+&'"15%*(&7.,6(&#(,(2*%3&'"15%6%&5()'?(,%&-1#,('F+&')1;,'&*,1;1-1%&)'13&
#+&)(&';8+&!"*,62&#2"*%"1+&4,(;'#(,(&)4,(&)*+,%&7'%&!"'8*(9&C1$1-3&)#4"*(%'&0%/%"+3&()*(&7.,5'*&0%"*,:.& /%/%7%#4"01:<&#'&)+&7%(&1"&@1"&)1;.,*&2%&1"&5%"1"'*&%")*,15("*&0(&-1#,18
5'*(,%(&7%"+3&!"&/(2"%#%(&'#(('2%8&S-&"1&)(&;,%5("(2*(3&"1&)(&)#$%5@+&)'1&;,(7'#(3&"15'%&7'#1-*+6%-(3&
!")12%,%-(&)'-(&0(/%"&0%"&#(&!"&#(&5'%&(L*%")(8&H1&'-*(&#1/%"*(3&01$1-&"1&)(&#.5;1"(&)'1&0()#.5;1"(3&
"1&)(&').#%'F+&)'1&0%).#%'F+8&I2'&#15&'&7.)*&'-#+*1%*&.0'*+3&/'&,+54"(&!"&(*(,"%*'*(8
S1&)1"*&.&%"0%/%01'-%*'*(&0%7(,%*+&0(&'-*&01$8&!"*,(&5%"(&2%&(-&(L%)*+&.&)%"?1,+&0(.)(@%,(A&-,'518& >#.'-'&01$1-1%&)(&7'#(&;,%"&5(5.,',(
#2"3*%%".(%&"2')*,(/&*,('4*'&(0281*%0+&'*%")+&5(&;%(#',(&5%"*,(&"2%9&I*4*&2%&"%5%#&5'%&51-*8
K#4"*(%'&0%/%"+&'&;%(*,(%&()*(&'#(('2%&#'&2%&'&.51-1%3&'&!"?(,1-1%3&'&o%1-1%&0(&C15"(F(1&)'1&'& C(/%F'&6+,%%&/.')*,(&()*(A&S%$%8&)%"(&>(29&H1&'0(/+,'*3&"%5%#&"1&)(&;.'*(&7'#(&!"&-15('&);'6%%-.,&
H,('*.,1-1%&#("*,'-8&I2'0',&5'*(,%'&#',(&7.,5('F+&.,%#(&01$3&);%,%*&)'1&)#4"*(%(3&()*(&%0("*%#+&!"&*.'*(& 7+,+&';,.@',('&7.,1-1%&H(-1%&;,('&!"'-*3&0'*+&;,%"&c(;,(F("*'"6%%&K+%&'1*.,%F'6%8
1"%/(,)1,%-(3&!"&*.*&#.)5.)1-8 H.51"%#+,%-(&".')*,(&)1"*&0()*%"'*(&5'%&51-*&/%%*.,1-1%8&a;(,'&-'&#',(&"(:'5&'"?'='*&;',(&;("*,1&
C1;+&#(&'5&7%L'*&'#(')*+&%0((3&;.*&)+&);1"&#+&5'*(,%'&#(&#.5;1"(&.&)#4"*(%(&0%/%"+&()*(&%0("*%#+& 5.5("*&7+,+&0(&7.-.)&2%&*.*12%3&('&/'&7,+54"*'&5%"6%-(&#(-.,&0(&'#153&0',&5'%&'-()&'&#(-.,
#1&5'*(,%'&;)%$%#+&,+);4"0%*+&!"&*.'*+&)7(,'&#,('6%%-.,8 #(&/.,&/("%&01;+&/.%8 8&&&8
H',(&'&7.)*&2%&()*(&5%"1"('&#'&0%"&'#(')*+&5'*(,%(&;)%$%#+&)+&7%5&7.,5'6%&".%3&)#4"*(%-(&0%/%"(3&"1& >*%%"6'&/'&;,.?,()'3&#."#(;6%%-(&)(&/.,&-+,?%3&(L;(,%("6(-(&)(&/.,&!"51-6%&2%&;(&@'F'&-.,&)(&/'&
.&2*%5&"%#%&".%3&;("*,1&#+&P'*+-&#(,()#&"1&"(&0+&(-1#%0'*(&*'%"(-(&K'-(3&#%&*,(@1%(&)+&)*10%(5&!"& /(0('&#+Z#(-(&'7%,5'*(&0(&".%&)1"*&'0(/+,1,%&;1,(8&z%:'5&5'%&);1)3&'-*+0'*+3&#+&'#()*(&'0(/+,1,%&'1&
/(2"%#%(&2%&)+:R&'7-+5&2*%%"6'8
7.)*&#1".)#1*(&!"&'"*%#$%*'*(3&0',&'1&7.)*&6%"1*(&!"&)(#,(*8
9(&#4"0&(,'5&!"&H';1-&P'*+-1%&#("*,'-3&(,'5&1"'&#1&S-&2%&2*%'5&*.*1-&#'&S-8&9(&1,5+&'5&;-(#'*&0%"&
)4"1-&K+13&%0("*%#&'5&,+5')&#1&S-3&0',&'5&1%*'*&#(('&#(&#1".2*('58&C(&'#153&!"&/(2"%#%(3&/.%&51"#%3& C.5"1-&".)*,1&R)1)&H$,%)*.)3&"1&'&);1)&*.*1-&';.)*.-%-.,&K+%3&@'&#$%',&2%&%"*,(&';.)*.-%&'&*+#1*&
!"/+6'&2%&,(0.@4"0%&#(('&#(&P'*+-&2*%(&2%&1,5+,(2*(&!"&/(2"%#%(8&94"+&'*1"#%3&7'#&#(&;.*&2%&';.,*1-&5(13& 0(.)(@%,%8&U1-6%5%%&"1:%&);1"('&#(('&#(&!5;+,*+2('&1#("%#%-.,&K+%8&C.5"1-&'&#.@.,4*&!"*,(&.'5("%3&
.,%#4*&0(&5%#3&()*(&1"&5%#&#42*%?&-'&5',('&2%&/(2"%#'&.;(,+&'&P'*+-1%&".)*,18 ;("*,1&'&,+);4"0%&.&#."#(;6%(&).#%'-+3&%',&"1&#1".2*%"6(&2*%%"6%7%#(8
P'*+-&-1#,('F+&!"&G'@.,'*.,1-&K+1&#("*,'-&-'&*,'")7.,5',('&/%(6%%&;)%$%#(&-%@(,(8&C1$1,%-(&-1#,('F+& C1;+&0.1+&5%%&0(&'"%3&'@%'&!"0,+F"%5&)+&/+&7'#(5&#1".)#1*(&5'*(,%%-(&(*(,%#(&!"&#',(&;-1*()#&
!"&5%#&')1;,'&/%(6%%&7%F%#(8&I2'0',&".%3&01$1,%-(3&)1"*(5&!"&-15%-(&#,('*(&,(;,(F("*'"6%%&C%/%"%*+6%%& *.'*(&)*(-(-(3&;-'"(*(-(&2%&01$1,%-(3&2%&15;-1&1"%/(,)1,%-(8&[%%*.,1-&/'&0(F-(?'&51-*(&5%)*(,(8&H4"0&
#("*,'-(3&#+#%&2%&".%&-1#,+5&')1;,'&7-1%01-1%&/%13&'&/%(6%%&-%@(,(Q (L%)*("*'&(*(,1-1%&)'1&7-1%01-1%&"1&/'&5'%&7%&%;.*(*%#+3&.'5("%%&/.,&*,(#(&-'&';-%#'6%%&;,'#*%#(&'-(&
'#()*1%Z(*(,3&2%&1"'&0%"&#(-(&5'%&,+);4"0%*(&2%&)'-1*',(&!"*,(@1%"6+,%&/'&7% &0%"5(#',('&;81%5%#+ &9'"'&
'*1"#%3&5(0%#%%&".2*,%&{(,(2*%&/%"0(#+3&F%&0(&F%3&;(&#(%&'&#+,.,&/%'6+&*,(@1%(&)+&#."*%"1(&;'"'&-'&0'*'&
!")#,%)+&!"&0()*%"1-&-.,Q&P,(@1%(&)+&2*%6%&#+&.51-&"1&(&;+,+)%*&"%#%.0'*+8
V[X >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"&?(, V[Y

C(&0(;',*(3&0%"&'04"#1-&H(,1-1%&,+)1"+&;(,%.0%#&.&/.#(3&04"0&)7'*1,%3&.,0%"(&)'1&#1".2*%"6(8&S-(& 0(&-'&-();(0('&0(&)1@&;%#%.,1-&/.)*,1&;4"+&-'&H,('*.,1-&;,%53&#',(&2%&S-&()*(&/%1&2%&7+#1*&0%"&#(0'/&0%"&
)1"*&;(,#(;1*(&0(&5',%-(&01$1,%&2%&(L;-%#'*(3&0%"&*,(';*+&!"&*,(';*+3&!"&5.0&0()#("0("*3&2%&#(-.,-'-*(& 5'*(,%(3&)1@)*'"6+3&()("6+3&#$%"*()("6+3&"15%6%:.&#15&/,(6%3&0',&()*(&7+#1*&2%&S-&0%"&#(0'&7'*(,%'89
?,'0(&0(&01$1,%8&P.*1-&()*(&!"&,';.,*&2%&',5."%(&#1&(/.-16%'8&J1&;1*(5&%"*,'&!"&-(?+*1,+&#1&!"?(,%%& a51-&)%5;-1&0%"&-15('&/.')*,+&);1"(&#+&"1&(L%)*+&"%5%#3&#4"0&"1&/(0(3&'10(&)'1&)%5*(&#(/'8&
).-',%3&2%&#1&'*4*&5'%&;16%"&#1&N1/(,"'*.,1-&).-',8&c();(#*',('&%(,',$%(%&()*(&5'%&)*,%#*+&!"&-15('& C',&*.*12%&(L%)*+&#(/'&!"&=1,1-&)+18&!"&';'3&'-%5("*1-&2%&'(,1-&;(&#',(&-(&#.")15+&*,+%()#&5%%&0(&
".')*,+&0(#4*&!"&'&/.')*,+8&P.*1-&(&;,.?,()%/3&*.*1-&()*(&%(,',$%F'*8&H$%',&(13&!"&;,(-(?(,%-(&5(-(3&6%:'5& /%(61%*.',(&5%#,.)#.;%#(8&9("*,1&.51-&"(2*%1*.,3&#',(&"1&'&'1F%*&0(&5%#,.)#.;3&'#()*(&/%(61%*.',(&"1&
0'*&;,.?,()%/&I0(/+,1-8&U(,(1&'5&'/1*&!"&/(0(,(&)+&"1&/+&;,.01#&5%,',(3&;,.*()*(3&)+&"1&/+&F0,1"#%"& (L%)*+8&K(&)#$%5@+&)%*1'6%'&;("*,1&1"&.5&#1-*3&#',(&"1&"15'%&#+&2*%(&0(&(L%)*("6'&-.,3&0',&-(&#1".'2*(&
0%"*,:.&0'*+&0%"&;,(=10(#+6%-(&!"&#',(&/:'6%&"+)#1*&2%&#,()#1*8 7.,5'&2%&(7(#*(-(8&G'&,4"01-&)+13&.51-&#1-*3&0(.',(#(&"1&"(&;.'*(&/(0('3&);1"(&#+&".%&"1&(L%)*+58&H1&
!" & 2#.-%-( & /.')*,(& *.*1-& )( &;,(0+ &?,'0'*8 &I#(('2% &;,.?,()%/%*'*(&)( & ',( &!"&/(0(,( &2%& !"&-15('& *.'*(&'#()*('3&".%&(L%)*+53&#1?(*+5&2%&/+&%"7-1("6+5&;,%"&;,(F("6'&2%&?4"0%,('&".')*,+8&9("*,1&.51-&
".')*,+8 & C', & #( & ?,(1 & !"/+6+53 & ;("*,1 & ' & 1,#' & *,(;*(-( & (/.-1*%/(M & K*10%%3 & 5(0%*'6%%3 & ,(;(*+,% & 2% & %',& "(2*%1*.,3&5%#,.@1-&(&"%5%#Q&;("*,1&.5("%,(3&);%,%*1-&"1&(L%)*+Q&;("*,1&".%3&01$1,%-(3&7'*(,%'&4,%7+&(&
,(;(*+,%3&;("*,1&#'&*.*1-&)+&)(&7%L(F(&!"&5(5.,%'&".')*,+&);%,%*1'-+8&!"/+6+*1,'&',(&-'&@'F+&,(;(*',('&2%& #'&2%&#15&',&7%&%"(L%)*("*+8
;,.?,()%/%*'*('8 o(,%#%* & ( & .51- & #',( & '10( & ?-')1- & ".)*,1M & o(,%#%6% & )1"* & #(% & #( & "( & /+0 & 7.,5' & : & . & 5%#+ & )7(,+&
R'*+ & 1"& (L(5;-18 & G' & !"#(;1*3 & #4"0 &6% & ):'1 & 0'* &;,%5(-( & ".6%1"%3 & '1& /("%* & !" &=1,1- & *+1 & 01$1,%& ?4"0%*.',(3&7%%"0&;(&0(;-%"&#."/%"2%&0(&(L%)*("6'&".')*,+&#4"0&"(&/+0&-14"0&.&7.,5+&')(5+"+*.',(&
%"7(,%.',(&?,'01-1%&*+18&I#()*('&'1&7.)*&1,5'*(&0(&'-*(-(3&(?'-(&!"&?,'0&#1&*%"(3&0(;+"4"01:6%&#1".2*%"6(-(& *,1;1-1%&'/1*&.0'*+M&H(&7(,%#%6%&)1"*&#(%&#(&"(&/+0&2%&'10&!"&'#(-'2%&*%5;M&H$%',&0'#+&):',&;1"(&
-.,3&%',&01;+&.&/,(5(&'1&).)%*&7,'6%&);'6%'-%&)1;(,%.,%&6%(3&.@6%"4"0&0(&-'&(%&#(-(&5'%&*'%"%#(&#1".2*%"6(8& ;+54"*1-&0(')1;,'&-.,3&(%&/.,&'7%,5'&#1&*+,%(A&BK;%,%*1-&(L%)*+ME&C'*.,%*+&)*+,%%&-.,&).#%'-(3&#(%&5'%&
I#()*(&#1".2*%"6(&"1&6%:'1&7.)*&'#.,0'*(&#'&.&7'/.',(3&#%3&;("*,1&'&7%&,+);4"0%*(&!"&-15(3&;,%"&*%"(8 51-6%&0%"*,(&'#(2*%&7(,%#%6%&"1&'1&;.)%@%-%*'*('&)+:2%&5+,*1,%)(')#+&(L;(,%("6(-(8&J15'%&#(%&!"&'-&#+,.,&
R0(%-(&(5%)(&0(&1"&01$3&-%@(,&)'1&!"*,1;'*3&"1&/.,&7%&"%#%.0'*+&,(6%"1*(3&;4"+&#(&#."6%"1*1-&-.,&"1& 0()*%"&'&7.)*&!")#,%)&)+&7%(&5+,*1,%)%*.,%%&(L%)*("6(%&".')*,(3&/.,&)#,%(&2%&/.,@%3&'7%,54"0A&B>*%1&#1&
/'&7%&7.)*&')%5%-'*3&'0%#+&!"6(-()8&K+&0'1&1"&(L(5;-18&9("*,1&':2%&.@%2"1%&1,(#$('&#1&)1"(*1-&7%(#+,(%& )%?1,'"6+&#+&(L%)*+&);%,%*&2%&.&-15(&);%,%*1'-+&%"/%F%@%-+E8
".*(&2%&#1&0%)*'"6(-(&0%"*,(&(-(3&1"&51F%#%'"&,(;(*+&#1&/.#(&*',(&".*' &529 &U%"*('&!%&()*(&'*("*+3&%',& C1$1-&',(&"(/.%(&0(&51-*+&,+@0',(&#'&)+&!"/(6(8&o%(#',(&*,(';*+&(/.-1*%/+&#(,(&1"&'"15%*&*%5;8&
/%@,'6%%-(&)1"(*1-1%&2%&5'%&';.%&'-(&(*(,1-1%&%:'1&%"*,'*&;,%"&*,1;3&!"&;(,%);%,%*&2%&):'1&7%L'*&'#.-.8&C1;+& P,(;*(-(&(/.-1*%/(&%"7(,%.',(&#(,&1"&*%5;&5'%&5%#3&0',&#1&#4*&01$1-&1,#+3&01,'*'&2#.-%%&0(/%"(&5'%&
1"&*%5;3&,(;(*+&".*'&7%/&5'%&*4,F%1&)28/&)*,+01%"01:)(&)+&-(&5(5.,(F(8&!"&7%"'-&,(;(*+&0(&#4*(/'&.,%& 5',(8&C'#+&;(&*,(;*(-(&%"7(,%.',(&)(&#(,&)(#.-(3&;(&*,(;*(-(&1,5+*.',(&)(&#(,&F(#%&0(&)(#.-(3&';.%&)1*(3&
52/&7%/&)28/&2%&.@)(,/+&0%)*'"6'&/%@,'*.,%(&0%"*,(&(-(8&C(&!"0'*+&#(&'&.@)(,/'*&@%"(&,';.,*1-&0%"*,(&(-(3&'& 2%&*.*&'2'&01,'*'&(/.-16%(%&#,(2*(&0%"&*,(';*+&!"&*,(';*+8&9("*,1&#'&1"&!"?(,&;-'"(*',&)+&)(&,%0%#(&#1&.&
!"/+6'*&/'-.',('&-.,&51F%#'-+3&2%&.,%&0(&#4*(&.,%&/'&%"*."'&;(&1"'&0%"&(-(3&2%&-(&/'&,('5%"*%&;(&#(-(-'-*(& *,(';*+&5'% &)1)3 &',(&"(/.%(& 0(&#4*(/'&5%-%',0(&0(&'"%8&U%)%1"('& C.5"1-1%&".)*,1 &).-',&0(&':>%&
0.1+8&P.*&01;+&'#()*&;,%"#%;%1&'#.,0('F+&/%.-."%)*1-&#.,F%-(&/%.,%%&)'-(8 #."01#(&!5;+,+6%'&).-',+&/'&01,'&#4*(/'&F(#%&0(&5%-%',0(&0(&'"%3&01;+&#',(&)(&/'&,%0%#'&#1&.&*,(';*+&
P.*1-&(&5(5.,',(3&'#*&#(&"(#()%*+&*%5;&2%&!"0(-1"?+&,+@0',(8&IF%&.51-&2*%(&)+&/.,@(')#+3&0',&#(& 5'%&)1)8&G'&7(-&2%&#1&2#.'-'&;-'"(*',+8&P%5;1-&'#.,0'*&1"1%&01$&15'"&;("*,1&*(,5%"',('&1"(%&2#.-%&
?,(1&'&7.)*&?,'%1-&;("*,1&;,%5%%&.'5("%~&H$%',&2%&#.;%-1-3&"+)#1*&0%"&;+,%"6%&#',(&/.,@()#&;(,7(#*3& ;-'"(*',(&0%7(,+&0(&-'&.&;-'"(*+&-'&'-*'8&9(&1"(-(&;-'"(*(e&2#.'-'&01,('F+&<q8qqq&0(&'"%3&%',&;(&'-*(-(3&
!"*45;%"+ & ?,(1*+6% & !" & !"/+6',(' & /.,@%,%%8 & !"#(;( & #1 & ?4"?1,(-%3 & ';.% & #1 & )%-'@(3 & #' & ;()*( & 1" & '" & )+& #15&(&9+54"*1-3&2#.'-'&)(&7'#(&*%5;&0(&V\:Xq8qqq&'"%8&!"&7%"(3&(L%)*+&;-'"(*(&1"0(&2#.'-'&(/.-1*%/+&
,.)*(')#+A &7'7'/&*'*'9 &N,(1&'&7.)*&;("*,1&;,%51-&.5&)+&/.,@(')#+3&0',&#4*&0(&?,(1&'&7.)*&;("*,1& 01,('F+&2%&5'%&51-*8&P.*1-&(&!"&71"#6%(&0(&)*'0%1-&(/.-1*%/&'*%")&0(&;-'"(*'&,();(#*%/+8
;,%51-&01$3&".1:"+)#1*3&)+&?4"0(')#+8 C.'5"(3 & P'*+ & '*.*;1*(,"%#3 & P( & %5;-.,3 & 0+:5% & ;1*(,( & )+ & "1 & 5+ & '5+?()# & 2% & )+ & *,(# & #1 & @%"(&
I#.-.&0(;',*(3&!"&'@%)1-&H(,1,%-.,3&!"&K7(,'&0%/%"+3&7-1%0%#+3&!"&G'@.,'*.,1-&;,(?+*%,%%&7-1%0(-.,&2%& (L'5("(-(&"(#()',(&'/'")+,%%&5(-(M&I5%"8
'&01$1,%-.,3&'&!"/+6'*&01$1-&".1:"+)#1*&)+&?4"0(')#+8&U%%&0(&)(#.-(&)*+&01$1-&!"&'#(-&S0("&;4"+&
0.@4"0(2*(&#';'#%*'*('&0(&'&?4"0%&#1,)%/&2%&0(&'&)(&7'#(&!"6(-()&0(&/(#%"1-&)+18
H.;%-1-&0(&'F%&!"#(;(&)+&/.,@(')#+&0()*1-&0(&,(;(0(3&0(.',(#(&!"&);'*(-(&/(254"*1-1%&0(&-1*&)(&
')#1"0(&1"&01$&#',(&2*%(&)+&?4"0(')#+&0(&5%-%',0(&0(&'"%3&0(&#4"0&'&;-(#'*&0%"&H("*,1-&#,('*.,&2%& G(?('&7%F%#+&2%&-(?('&5.,'-+
#.-%"0+&;,%"&1"%/(,)8&o%%"0&1"&;(-(,%"&'7-'*&!"*,:.&#+-+*.,%(&/(2"%#+3&01$1-&'&*.*&?4"0%*3&7%(&#+&'&'"%5'*&
1"&'*.53&.&5.-(#1-+3&.&;%'*,+3&.&;-'"*+3&1"&'"%5'-&)'1&1"&.58&S-&'&?4"0%*&!"*,1&/(2"%#%(8
C1$1-&)(&7'#(&!"6(-()&#1&)(5("1-&)+1&;,%"&?4"0%,(8&N4"0%,('&)'&(L*(,%.,%F'*+&()*(&?4"0%,('&)'& H1&'-*+&.#'F%(&'5&',+*'*&#+&o%%"6'&)1;,(5+3&H'1F'&#'1F(-.,3&!"'%"*(&0(&'&#,('&;,%5(-(&7%%"6(&'&
%"*(,%.',+&'/1*+&0(&#4"0&(,'&.&5%#+&;',*%#1-+&;,%"&$'.)8 ?4"0%*3 & ' & 7+#1* & 1" & ;-'" & 2% & ')*7(- & ' & )*'*.,"%#%* & . & G(?( & (*(,"+3 & ,();(#*'*+ & 0( & S' & !")+2%8 & H,('6%%-(&
P.6%&.'5("%%&!"#(;&#1&)%-'@%)%,%&2%&#1/%"*(&"(!"6(-()(3&;("*,1&'&'=1"?(&-'&/.,@%,('&#1,("*+8&C',& 51-*%;-%#4"01:)(&2%&;(,7(#6%."4"01:)(3&-(?%-(&):'1&!"51-6%*&2%&);(#%'-%F'*8
.',(&*.6%&;.*&'=1"?(&-'&!"'-6%%&?4"0%*.,%&)'1&.,'*.,%&'%&;+54"*1-1%D&J13&;("*,1&#+&*'-("*1-&/.,@%,%%&2%& C%"&".%'"1-&-(?%-.,&'#*1'-(3&)(&0%)*%"?&0.1+&#'*(?.,%%&';-%#'*(&/%(6%%&0(&;(&'#()*&;+54"*A &8(-('&
!"+-6%5('&#."#(;6%%-.,&)(&'7-+&!"*,:1"&,';.,*&)*,4")&#1&?,'01-&(/.-1*%/&'-&01$1-1%&!"#$%)&!"&*,1;8 ;%M%#+&2%&8(-('&72,'8+9
G'&*,(';*'&'=1")+&#1".)#&51-*(3&0',&#(,#(*4"03&0()#.;+,&#+&'5&51-*(&0(&'7-'*8&>*%1&#(/'&0();,(&=& K+&0(F/.-*+5&#'F1,%-(&#4"0&)(&';-%#+&'#()*(&-(?%8
5'*(,%'&#.")*%*1*%/+& '&1"%/(,)1,%-.,3&#1".)#& #.")*%*16%'&);%,%*1-1%3& 0',&)1"*& '@%'&-'&#1".2*%"6(Z&0( &e& G./%"0&;(&1"&)(5("3&/+*+54"01:<&;("*,1&*.'*+&/%'6'3& /%.-4"0& .&7(5(%(3&04"0&7.#& #')(%&)'1&
?,'01-&A&)'1&#&7'6+&0(&5',%-(&S"*%*+6%&).-',(&)'1&H,('*.,%%&#("*,'-%3&#1".)#+*.,%&;4"+&-'&?,'01-&M9 ?.);.0+,%(%&#1%/'3&=(71%"0&)'1&1#%?4"0&:&)(&;,.01#(&1"&;+#'*&7%F%#8&P.'*(&'#*(-(&#',(&;,(=10%#%'F+&
*,1;1-&)'1&@1"1,%-(&1"1%&.53&%"7,'#6%1"%&'-(&#.01-1%&(*(,"3&/.,&7%&;-+*%*(&0(&'1*.,1-&-.,3&!"*,:1"'&0%"&
/%(6%-(&)'-(&/%%*.',(3&#1&*,1;1-&)'1&@1"1,%-(&)'-(&;+54"*(2*%8
C'#+&;,%"*,:.&5%"#%1"+&)(&;,%-(=1%(2*(&;%(,0(,('&'/(,%%&)'1&71"#6%(%&1"1%&)(5("3&)'1&#."0'5"',('&
U'*(,%'&;,%5+&#1&#',(&!"#(;(&.,%#(&#,('6%(&()*(&'*4*&0(&7%"+3&!"#4*&()*(&%"/%F%@%-+&2%&%")()%F'@%-+ Q -1%&-'&!"#$%).',(3&0'#+&;,%"&/.,@'&2%&#."01%*+&.51-&54$"(2*(&;(&#(%&#(&-:'1&'01)&!"&-15(3&-:'1&#,()#1*&
;("*,1&".%3&01$1,%-(3&#',(&/(0(5&7-1%0(-(&0%"&=1,1-&".)*,13&0%"&=1,1-&;+54"*1-1%3&#15&/(0(6%&/.% Q #1&0,'?.)*(&2%&'1&/(?$('*&)+&#,(')#+&)+"+*.)&2%&!"*,(?&:&)(&;,.01#(&1"&;+#'*&;)%$%#&)'1&5.,'-8&H(-&
;%(*,(-(3&';(-(&2%&".,%%8&C'#+&"1&"(:',&/.,@%&5'%:5',%%&".2*,%&0();,(&('3&"%#%&".%&"1&'5&2*%&#+&(L%)*+8 Q #',(&;4"?+,(2*(&-1#,1,%-(&)7%"*(&)'1&"('?+&"(#1?(*'*&o%%"6'&)1;,(5+3&I1*.,1-&*1*1,.,&#(-.,&/+F1*(&2%&
K(&;(*,(#&!"&=1,1-&".)*,1&7(".5("(&'&#+,.,&#'1F+&()*(&"(#1".)#1*+8&T-*(,%.,&'7-+5&#+&'1&7.)* R "(/+F1*(3&7'#(&#(-&5'%&5',(&;+#'*8&!"&'#()*(&#'F1,%&2%&51-*(&'-*(-(&)%5%-',(3&.51-&/'&;-+*%&'5',"%#3&
;,.01)(-(&5'*(,%'&;,%5+3&5'*(,%'&)14(,(*(,%#+&)'1&18*,';81%518&;(&#',(&:&01;+&#15&'5&);1)&:&"1:< e ;,%"&)17(,%"6(&)17-(*(2*%8&I)*7(-&/'&!"/+6'&)+&,();(#*(&-(?('&5.,'-+3&)+&7%(&)5(,%*&2%&)+&"1&#'-#(&#1&
/(0(58&!%&#1".'2*(5&(7(#*(-(3&0',&"1:%&#1".'2*(5&5.0'-%*+6%-(&0(&'#6%1"(3&#'1F(-(&#',(&0'1&"'2*(,( % !"0,+F"('-+&2%&!"?457',(&;()*(&%1@%,('&)(5("1-1%&)+18
'#()*.,&7(".5("(8 9("*,1&#+&*,1;1-&2%&@1"1,%-(&5'*(,%'-(&)1"*&0()*%"'*(&1"(%&)%"?1,(&/%(6%&;+54"*(2*%3&?,(2('-'&7%F%#+&
C(2%&"1&/(0(5&'#(')*+&5'*(,%(3&"1&;1*(5&F%#(&:&#'&/.%&:&#+&"1&(L%)*+8&H15&)+&"1&(L%)*(3&#4"0 /'&7%&;-+*%*+&#1&*,1;1-&)'1&@1"1,%-(&5'*(,%'-(&'-(&#(-1%&?,(2%*3&"15'%&!"*,:.&)%"?1,+&/%'6+&*(,()*,+8&H4"0&
/(0(5&(7(#*1-&(%D&G'&".%&)(&'7%,5+&#1&.&2%&5'%&5',(&#."/%"?(,(&0(#4*&-'&/.%A&>%"&"%7%#&"1&)(&42'*( e ?4"0(2*(&#1&1,+3&#1&?4"01,%&0(&,+F@1"',(3&#4"0&'&7+#1*&)+&)17(,(&#%"(/'&;,%"&#1/4"*1-&)+1&2%&51-*(&
;'#(&"%7%#9&BJ%5%#1-E&/.)*,1&"1&(L%)*+&-'&".%3&'#()*&#1/4"*&(&;+54"*('"3&)'1&#(-&51-*&'-&01$1,%-., = '-*(-(&0(&7(-1-&'#()*'3&.51-&'&%"7(#*'*&7-1%0(-(&);'6%%-.,&;,%"&#',(&!2%&01#(&/%'6'&%"7%"%*'*('&01$1,%-.,8&!"&
%"7(,%.',(8&BJ%5%#E&)'1&BF(,.&'@).-1*E&"1&(L%)*+&"%#+%(,%&!"&#.)5.)3&!"&R"7%"%*8&9,(*1*%"0("%&(L%)*+ = '#()*&#'F&?,(2('-'&)'&:&#1;,%"F4"0&.&',%(&5'%&5',(3&%"7-1("64"0&.&%"7%"%*'*(&0(&);%,%*(&:&()*(&5'%&?,'/+&
#(0'9&9+54"*1-3&G1"'3&K.',(-(3&5%-%',0(-(&0(&)*(-(3&*.'*(&;-1*()#&!"&#(0'9&C(&-'&5'*(,%'&#('&5'%&7%"+ M 2%&)17(,%"6'&/'&7%&5'%&?,('8&J(7(,%#%*1-&#',(&'&#.5%)&')(5("('&?,(2(-%&-(&/'&;-+*%&;,%"&?,(-(&)17(,%"6(&
2%&;4"+&-'&.&;-'"(*+&.',(#',(3&(L%)*+&.&?'5+&%"7%"%*+&0(&5'*(,%%8&SL%)*+&.&)(,%(&5'*(5'*%#+&0(&5'*(,%% A )17-(*(2*%3&!"&0.1+&)'1&5'%&51-*(&/%(6%&*,1;(2*%3&01;+&/'-.',('&?,(2(-%%&#.5%)(8
V[Z ?271"%#+,%&5%"&?(, V[[
>%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#'"(

a51-(3&7%(&#+&"(&#1".2*%3&7%(&#+&"1&"(&#1".2*%3&#."01%*'&*'&/'&7%&1,5'*+&0(&;-'*+&)'1&,(#.5;(")'8& G%@(,1-&',@%*,1
T"%/(,)1-&()*(&#."01)&0(&-(?%8&U'*(,%'3&2%&01$1-&)1"*&)1;1)(&-'&,(?1-%&)*'@%-%*(&0%"&/(2"%#%(8&C(&-'&
(-(#*,."&2%&;4"+&-'&).',(3&*.'*(&5(,?&;(&#+,',('&!"?,+0%*+&0(&-(?%8&[.%"6'&H(-1%&'*.*;1*(,"%#&)(&%5;1"(&
0%"&/(2"%#%(&*.*1-1%&#,('*&0(&S-8 IF%&!6%&/.%&/.,@%&0();,(&-%@(,1-&',@%*,18&C%"&#';1-&-.#1-1%&'7%,5&#+&-%@(,1-&',@%*,1&()*(&'*4*&0(
,(01)3&!"#4*&';,.';(&"%#%&"1&(L%)*+8&S-&()*(&.&=1#+,%(3&.&'5+?%,(&*,(#1*+&;,%"&7'6'&#(-.,&5%#%8&C1$1,%-(
"&&&"&&&% 5',%&2*%1&#+&-15('&)(&#."01#(&01;+&-(?%&2%&#+&#(%&#(&;,%"&%?".,'"6'&-.,&)(&'@'*&0(&%'&(-(&)(&;(0(;)()#8
C.5"1-&".)*,1&R)1)&H$,%)*.)&'&);1)A&B&K718&*,(A1%(&)+&)(&7E"*1%')#+&k/&'0%#+&)+&)(&)%-(')#+&)+:2%
9(&7,."*%);%#%1-&*(5;-1-1%&%10(%-.,&)(&/+0&0.1+&*'@-(&#1&#(-(&F(#(&;.,1"#%3&;,%5%*(&0(&U.%)(&;(& *,+%')#+&/%'6'&#."7.,5&-(?%-.,&0%/%"(8
51"*(-(&K%"'%8&C(&#(&F(#(&2%&"1&.;*&)'1&0.1+);,(F(#(&;.,1"#%D&C(.',(#(&#."01#(,('&'&*.*&#(&):'& 9,()1;1"(,('&1".,&.'5("%&#+&01$1-&(&-+)'*&!"&/.%'&-1%&)+&7'#+&#(&/,('3&()*(&1"&5',(&"('0(/+,8&
#,('*&)(&7'#(&0(&#+*,(&#(-(&F(#(&#'*(?.,%%&0(&o%%&0(&C15"(F(13&"15%6%&K(7%,.*&!"&W.$',8 >*%1&#+&/(6%&);1"(&#+&01$1,%-(&);'6%'-(&'1&'7%,5'*&#+&01$1-&',(&-%@(,*'*('&)+&'-('?+&.&7';*+&#."7.,5+&
C',&0(&#(&'1&7.)*&)#,%)(&#(-(&F(#(&;.,1"#%&;(&0.1+&*'@-(3&2%&"1&;(&1"'&)%"?1,+D&9("*,1&#+&U.%)(8& )'1&"1&-(?%%8&S1&'7%,5&#+&0'#+&#%"(/'&0%"&-15('&".')*,+&'&7+#1*&'#(')*+&'7%,5'6%(3&"1&'&);1)&'0(/+,1-8&
1"&5',(&%"%6%'*&'-&*(5;-(-.,&(?%;*("(3&2*%'&#+&*.*1-&!"&-15(&)(&#."01#(&;,%"&0.1+&7.,6(&#."*,',(A&#'-0: I&/,1*&)+&/+&0('&%-1F%'&#+&'6%&;1*('&7'#(&)'1&"1&#(/'3&#."7.,5&-(?%%8
,(#(3 & 5',(:5%#3 & ".';*(:F%3 & /',+:%',"+3 & 1,4*:7,15.)3 & @1":,+1 & (*#8 & !" & /%'6' & )'3 & .51- & *,(@1%( & )+ & 7%(& I0(/+,1- & #.51"%#'* & ()*( & . & %"7.,5'6%( & #1 & 1" & #."6%"1* & #1 & '*4* & 5'% & -',?3 & 5'% & ;,.71"0 & 2% & 5'%&
!"',5'*&#1&0.1+&)#1*1,%A&1"1-&!"&7'6+&2%&'-*1-&!"&);'*(8&T"&)#1*&#.,();1"0(&#1&;+F%,('&-(?%-.,&7%F%#(&2%& -+51,%*.,3&#1&#4*&01$1-&#(:<&;,%5(2*(&()*(&5'%&(/.-1'*8&9("*,1&1"1-&)(&);1"(A&BJ1&1#%0(ME&9("*,1&
'-*1-&#1&;+F%,('&-(?%-.,&5.,'-(8&H%"(&):'&!"',5'*&#1&'#()*(&0.1+&;'/+F(&()*(&%1@%*3&'0.,'*&2%&)(,/%*&0(& '-*1-&'#()*&#.5'"0'5("*&()*(&(L;-%#'*A&BJ1&1#%0(3&;("*,1&#+&!5;%(0%#%&2#.'-'&01$1-1%&!"#$%)&!"&'#(-&
-15('&);'6%'-+3&()*(&7(,%*&0(&.,%#(&"(;-+#(,(&0%"&-15('&7%F%#+3&/("%*+&0(&-'&.53&'"%5'-3&5%#,.@&)'1& *,1;E8&9("*,1&'-&*,(%-('3&1"&01$&2%&5'%&!"'-*3&)(&);1"(A&BJ1&1#%0(3&#+#%&0'#+&"1&):',&';-%#'&;(0(';)'&
-%;)1,%&5'*(,%'-(8&H%"(&)(&!"7151,('F+3&!"#,(F4"01:)(&!"&;,.;,%'&)'&%"*(-%?("6+&2%&!"&2*%%"6'&)'&21@,(0+3& *.6%&.'5("%%&',&1#%0(&2%&):',&0%)*,1?(&.,0%"('&!"&1"%/(,)8&a,&*.*'-%*'*('&#,('6%%-.,&(L%)*+&2%&;,.?,()('F+&
)(&/'&/(0('&-./%*&!"&/%'6'&*,1;(')#+3&%',&#4"0&/'&/("%&0%"#.'#(3&/'&;-+*%&?,(1&54"0,%'&2%&!"#,(0(,('&!"& "15'%&!"&/%,*1*('&.,0%"%%&2%&#."01#(,%%&;,%"&-(?%E8&>%&'2'&5'%&0(;',*(3&0%"&*,(';*+&!"&*,(';*+8
;1*(,%-(&;,.;,%%8 C',&.51-&*,1;()#3&)%"?1,3&"1&',&7%&2*%1*&"%#%.0'*+&')(5("('&#1".2*%"6(8&P.*&#(&)(&2*%(3&*.*&#(&)(&
G%@(,&(2*%3&.51-(3&)+&7'#%&#(:6%&*,(#(&;,%"&5%"*(3&0',&/(%&;-+*%&0'#+&'%&!"#+-#'*&1"'&0%"&#.5'"0'5(": %"/("*('F+3&*.*&;,.?,()1-Z7+#1*&!"&-15('&/.')*,+3&*.*1-&/%"(&0(&-'&".%3&7%(&;,%"&!"*,1;',(3&7%(&;,%"&
*(-(&#1;,%")(&!"&#.01-&1"%/(,)'-8&P'*+-&#(,()#&'&0(#,(*'*&;("*,1&/(#%&0(;-%"'&-%@(,*'*(3&0',&6%:'&;1)&#'& ,('5%"*%,('&/'?+&'&#(-.,&'7-'*(&".';*('&0(&-'&".%8
$.*',&-(?('8&>*%%&#+&7.#1-&',0(Q&0'#+&*1&:&!"&/%,*1*('&-%@(,*+6%%&*'-(&:&/,(%&)+:6%&;1%&54"'&!"&7.#3&.&;.6%& S1&)1"*&-%@(,&)+&-1#,(F3&)+&?4"0()#3&0',&*.'*(&'#6%1"%-(&5(-(&)1"*&!"?,+0%*(&0(&,(?1-%-(&#.51"%*+6%%&
7'#(3&0',&-(?('&!6%&/'&0(5.")*,'3&;,%"&01,(,(3&#+&'%&7+#1*&.&'#6%1"(&?,(2%*+3&!"&/%,*1*('&-%@(,(%&*'%(& 0%"&#',(&7'#&;',*(8&N,1;',('&5('&()*(&-%@(,+&2%&*.*12%&!"?,+0%*+&0(&5',(-(&/'-&#1&#',(&'5&/("%*&#4"0/'&
/.%"6(8&U%-+&"1&(L%)*+3&-(?('&()*(&5'%&;,()1)&0(&*.'*(8&o+,+&-(?(3&*.*&#(&'&#-+0%*&P'*+-&):',&0(F.,?'"%F'3& ;( & '#(')*+ & ;-'"(*+8 & C', & 2% & '#(')*+ & /')*+ & ?,1;',( & ()*( & )1;1)+ & ,(?1-%-., & )*'@%-%*( & 0( & N1/(,"'*.,1-&
',&#+0('&!"&)*',(&0(&$'.)8&P,(#4"0&;,%"&01,(,(3&.51-&!"/'6+&.&-(#6%(8&H1&#4*&01,(,('&'&7.)*&5'%&5',(&2%& 9+54"*1-1%3 & 0( & -(?%-( & K74"*1-1% & C1$8 & J.% & 2% & S- & )1"*(5 & #1 & *.6%% & )1;12% & '-*., & ,(?1-%3 & -(?%-.,&
5'%&;,(-1"?+3&-(#6%'&):'&!",(?%)*,'*&5'%&'04"#&!"&);%,%*8&H4"0&/'&5'%&!"*4-"%&!5;,(=1,+,%&')(5+"+*.',(3& N1/(,"'*.,1-1%&).-',8&!"&7%"(3&#1&*.6%%3&5%#%&2%&5',%&)1"*(5&)1;12%&-(?%-.,&P'*+-1%&#("*,'-8&[(0(6%&#(&0(&
.51-&"1&/'&5'%&!"#(,#'&(L;(,%("6'&,();(#*%/+3&0(.',(#(&!2%&/'&'5%"*%&0(&1,5+,%8&I)*7(-&!"/'6+&01$1-3& !"?,+0%,%3&#(&0(&,(?1-%3&#(&0(&-(?%M
'"%&2%&5%%&0(&'"%3&*,(#4"0&0%"&(L;(,%("6+&!"&(L;(,%("6+&2%&0%"&01,(,(&!"&01,(,(8 !"#(',#+&)+&*(&5%2*%&'-*7(-&2%&)+&7'#%&#(&6%:.&*,(#(&;,%"&5%"*(8&C'#+&;,%"&!"0,+F"('-'&)'1&"().#.*%"6'&
T"%%&0%"*,(&/.%&'7%,5+&#+&(&5'%&@%"(&#'&.51-&)+&"1&#1".')#+&(L%)*("6'&-15%%&);'6%'-(3&@'&#$%',&#+& *'&/,(%&)+&#1".2*%&');,%5('&-(?%-.,3&.&;.6%&7'#(3&0',&/(%&)17(,%&'5',"%#&2%&*(&/(%&#+%&0(&;')1-&*+1&
(&;(,%#1-.)&)+&%"*,(&!"&-(?+*1,+&#1&('8&K+,5'"%&.,@%&2%&"(#1?(*'6%M&R'*+&0.%&.'5("%A&1"1-&2*%(&#(&()*(&1"& "(@1"()#8 & J15'% & T"1- & )%"?1,3 & o%%"6' & )1;,(5+ & ' & ;.)(0'* & .0'*+ & -%@(,*'*(' & 0(;-%"+3 & 0', & 2% & S- & ):'&
5%#,.@3&%',&'-*1-&"1&'&'1F%*&"%5%#&0(&'#(')*+&;1F0(,%(&0(&/%(*+6%&%"/%F%@%-(&.#$%1-1%&-%@(,8&9,%51-&)(& !"?,+0%*3&):'&-(?'*&;(&S-&!")12%3&;,%"&-(?%-(&0(&S-&0(#,(*'*(8&I2'0',&#.)5.)1-&()*(&#."01)&0(&[.%"6'&
;+F(2*(Q&#(-+-'-*3&"(2*%1*.,3&"1&,();(#*+&,(?1-%-(&0(&%?%("+8&T,5',('&()*(&#+&#(-&0%"*4%&/'&7%&7(,%*&0(& T"%#1-1%&P'*+8
01,(,(3&%',&#(-&0(:'-&0.%-('&)(&!5@.-"+/(2*(8&J%#%&1"1-&"1&'&/+F1*&#1&.#$%%&)+%&5%#,.@1-3&0',&1"1-3& C'#+&01$1-&*,(@1%(&)+&)(&)1;1"+&-(?%%&P'*+-1%3&'&o%1-1%3&'&K74"*1-1%&C1$&2%&'&*1*1,.,&)1;(,%.,%-.,&
#1".)#4"0&-(?('3&):'&;+F%*&)+&"1&?,(2(')#+3&%',&#(-+-'-*3&"(2*%1*.,3&*,'")?,()4"0&-(?('3&'&#+F1*&;,'0+& )+%3&#(&):'&5'%&'-()&0(&-%@(,1-&)+1&',@%*,1D&J%5%#8&I2'0',&.,%#+,1%&01$&#',(&/'&);1"(&#+&(-&)(&;.'*(&
%?".,'"6(%&)'-(8 01#(&1"0(&/,('3&#+&;.'*(&7'#(&.,%#4"0&2%&.,%1"0(&#(('&#(&!%&0%#*('F+&7'"*(F%'3&)+&2*%6%&#+&%&)(&;.'*(&0'&
G'&7(-&()*(&2%&#1&-15('&".')*,+8&o%(&#+&"(&#1".2*%&)'1&"13&0'#+&"1&,();(#6%&-(?%-(&5.,'-(&2%&7%F%#(3& *%*-1-&0(&5%"#%".)8
/(%&#1".'2*(&)17(,%"6'8&!")+&#(-&#(&"(:'&#1".)#1*3&#(-&#(&'&'7-'*&0(&-(?%-(&#',(&"(&#."01#&;(&*.6%3& P'*+-&#,(('F+3&#.")(,/+&2%&#."01#(&-15%-(&#,('*(&;,%"&-(?('&K'&5.,'-+8&C',&#15&S-&"1&;.'*(&
!"*,1;'6% & 2% & );'6%'-%3 & #4"0 & /' & 7% & )+ & ?4"0(')#+3 & )+ & /.,@(')#+ & )'1 & )+ & 7'#+ & #(/'3 & !2% & /' & '5%"*% & 0(& #."01#(&)%"?1,&;1F0(,%'&0(&-15%3&()*(&'=1*'*&0(&H.;%%%&K+%&5'=.,%3&';-%#'*.,%%&#.01-1%&K+1&1"%/(,)'-&
(L;-%#'6%%-(&".')*,(3 & 0(&)7'*1,%-(&".')*,(3 &0(&1,5+,%-(&,+*+#%,%%3 &2%&)(&/' &7(,%&)+ &?,(2(')#+8 & G15('& ')1;,'&*1*1,.,&("*%*+6%-.,&2%&7.,5(-.,8
01$1,%-.,&)(&/'&!"?,+5+0%&!"&=1,1-&#(-1%&#(&,();(#*+&-(?('3&2%&!-&/'&'=1*'&!"&/%'6+8 G'&!"#(;1*3&);%,%*(-(&*%"(,(&"1&;.*&)(,/%&P'*+-1%3&(-(&'/4"0&"(/.%(&)+&7%(&#."01)(8&J15'%&);%,%*(-(&
N,('&()*(&-'&!"#(;1*&;+F%,('&-(?%%3&0', &8(-('&2A%3"1%".(% &!-&/'&7'#(&;(&.5&7.',*(&'*("*&-'&*.*&#(& @+*,4"(3&0(&5%-%',0(&0(&'"%3&,(;,(F%"*+&!"&-15(&;(&P'*+-&#("*,'-3&0',&(-(&"1&7'#&/.%'&-.,3&#%&[.%'&
/,('&)+&7'#+3&/.,@(')#+&)'1&?4"0(')#+8&T"&')(5("('&.5&)(&/'&)%56%&7(,%#%*&)+&"(&'10+&)7'*1-&)'1& H("*,1-1%8&S-(&#."01#&-15%-(&#,('*(&!"&"15(-(&H("*,1-1%8&S-(&)1"*&5%(%&;(&-4"?+&P'*+-&#("*,'-3&0',&
(L;-%#'6%%-(&0%7(,%*(-.,&7(".5("(&;(*,(#1*(&!"&=1,1-&)+18 ';-%#+&-(?('&!"&"15(-(&P'*+-1%3&#',(&-(:'&0'*&'#(')*+&'1*.,%F',(&);(#%'-+8
a51-&"(;,.*(='*&)17-(*(2*(&0(&#(-(&0.1+&)#1*1,%3&)+&"1&#'1*(&)+&"(&#1".')#+3&)+&"1&)(&;1"+&!"& !"&#,('6%(&"1&(L%)*+&(?'-%*'*(3&#%&0.',&)1;1"(,(&2%&'#*%/%*'*(&',5."%F'*+&#1&?4"0%,('&2%&'#*%/%*'*('&H(-1%&
-(?+*1,+&#1&".%8&T"1%&')(5("('&.5&!%&*,'")5%*(5&1,5+*.,1-&5()'=A&C'#+&*13&.51-(3&"1&'%&#,(0%"6+3& /(2"%#8&U',%-(&?,1;1,%&0(&);%,%*(&"1&#1;,%"0&("*%*+6%&(?'-(&!"*,(&(-(8&H.01-&5.,'-&'-&/(2"%#%(%&"1&
0'#+&)17-(*1-&*+1&"1&(&#1;,%")&0(&'#('&(/-'/%(&#',(&7'#(&)+&*,(51,(&#',"('&;(&.')(-(&*'-(3&5'%&@%"(&"1& #1;,%"0( & !"& (- & %0((' & 0( & (?'-%*'*(8 & !" & -15(' & *(,()*,+ & ):' & ;,.#-'5'* & .0'*+A & BS?'-%*'*(3 & 7,'*(,"%*'*(3&
*(&5'%&01#(&"%#%&-'&@%)(,%#+8&!"#,(F+*.,&!"&2*%%"6'&*'3&;,%"&#',(&!6%&(L;-%#%&*.*1-3&#,(F%&#+&"1&5'%&'%&"(/.%(& -%@(,*'*(E&:&.&$%5(,+&#(&!"&/(#%&"1&)(&/'&,('-%F'3&"%#%&!"&H(,3&"%#%&;(&;+54"*8&J(7%%"0&(?'-%*'*(3&"1&
0(&"%#%&.&,1?+#%1"(3&0(&"%#%&1"&';(-&#+*,(&H(-&#(&#1&;1*(,('&K'&#."01#(&%"7%"%*'*('&-15%-.,8&S13&7,'*(-(& ;.'*(&(L%)*'&7,'*(,"%*'*(&0(&%0(%&2%&"(7%%"0&(?'-%*'*(&2%&7,'*(,"%*'*(&0(&%0(%3&"1&;.'*(&(L%)*'&"%#%&-%@(,*'*(&
*+13&*(&;./+61%()#&)+&"1&*(&01#%&-'&@%)(,%#+&;("*,1&#+&"().#.*%"6'&2%&!"?457',('&*'3&'&7+#1*&)+&7%%& 0(&%"*(,;,(*',(8&J1&(L%)*+&(?'-%*'*(3&0(.',(#(&P'*+-&'&#,('*3&#,(('F+&2%&/'&#,('&5(,(1&01$1,%8&H15&(-(&
!"#."=1,'*&"15'%&0(&01$1,%&%"7(,%.',(3&#',(&*(:'1&.#,.*%*&0(&#(-(&,(-(&2%&6%:'1&)1?(,'*&%0(%&#(&6%:'1& )1"*&"+)#1*(&!"&*%5;1,%E&0%7(,%*(3&*.*1-&()*(&%(,',$%F'*&0(&P'*+-3&0%"&/(2"%#%(&;4"+:!"&/(2"%#%(8&J%#%&-'&
!"*,(6%"1*&!"#,(0(,('&"15'%&!"&;1*(,%-(&2%&#1".2*%"6(-(&*'-(&;+54"*(2*%8&C(&!"0'*+&#(&/(%&%"*,'&;(&12'& P'*+-3 & !" & K7(,' & 0%/%"+ & "1 & (L%)*+ & (?'-%*'*(3 & #% & "15'% & %(,',$%(8 &I#.-. & )*+;4"(2*( & 0.', & R1@%,('3 & .&
@%)(,%#%%3&'#(2*%&!").6%*.,%&"(/+F16%&/.,&,+54"(&-'&%"*,',(3&"(;-+#4"01:-(&7151-&0(&*+54%(&2%&%5"1,%-(& 7,'*(,"%*'*(&0%"&;,%"#%;%13&0',&"1&0(&%0(%8&I#.-.&"1&)(&%1@(2*(&;(&s/&t&2%&W&#'&%"0%/%F%3&#%&)(&%1@(2*(&
'01)( & H(-1% & ;,('!"'-*Q & %', & *1 & %"*,4"0 & "15'% & 0( & .#$%% & -15%% & !" & #')' & C.5"1-1%3 & . & ;,.7'"(F% & #1& *.*1-3&!"&;,%"#%;%13&;("*,1&#+&*.6%&)1"*&7%%%&'#(-1%'2%&P'*+8
!"?457',('&2%&"(!"#,(0(,('&*'8&9,%"&1,5',(3&/(%&7%&)1;1)&-'&;(0(';)'&#(-.,&#(&'1&5%)%1"('&0(&'&7%& !"&K7(,'&0%/%"+&2%&.,%1"0(&!"&#,('6%(&"1&()*(&-%@(,*'*(3&;("*,1&#+&*,(@1%(&)+&*(&)1;1%&,(?1-%-.,&)*'@%-%*(8&
';-%#'*.,%%&)("*%"6(%&0%#*'*(8&C'#+&*13&7,'*(3&2*%%&#+&'%&#+-#'*&'-+*1,%&0(&#+,',('&/%(6%%&#1,'*(3&!6%&7'#(5& I#()*&#.0&()*(&2*%%"6'&2*%%"6(-.,3&#',*('&#+,6%-.,8&I#()*&#.0&'&7.)*&?4"0%*&0(&H,('*.,&2%&?4"01-&G1%&):'&
#1".)#1*&#+&*(&/.,&-./%&"(#'F1,%&2%&'5+,+#%1"%3&!"&#'F1-&#4"0&/(%&')%)*'&-'&.&2(0%"6+&0(&#.51"%#',(&#1& !")#,%)&!" &',$%0'&1"%0(,)181%9 &G%@(,3&-%@(,*'*(&)1"*&#1/%"*(3&0',&01$1-&"1&()*(&-%@(,&"%#%.0'*+8&a,%#(&
".%8&U'%&@%"(&0(';+"+:6%&7%,1-&/%(6%%&5'%&0(;',*(&2%&"1&*(&.#1;'&0(&'#()*(&*'%"(&)7%"*(&;,%"&"'*1,'&-.,3&2%& 01$&()*(&-%@(,&)+&#%*(')#+&',$%/'&1"%/(,)1-1%3&0',&01$1,%-(&7%%"0&0(&?,'0(&(/.-1*%/(&0%7(,%*(3&7%(#',(&/'&
#',(&).-%#%*+&.&#."01%*+&#.,(#*+8&['&/("%&/,(5('3&!"&'-*(&/%(6%3&#4"0&/(%&7%&5'%&'*("*&-'&/%'6'&*'3&2%& %"*(,;,(*'&01;+&"%/(-1-&)+18&I2'0',&"1&(L%)*+&(?'-%*'*(&"%#%&!"&=10(#'*+3&"%#%&!"&#1".'2*(,(8&o%(#',(&
'*."(%&"(&/(%&#1".'2*(&2%&/(%&'7-'&%0(%-(&".')*,(8 01$&/'&#.5("*'&.,0%"(-(&!")#,%)(&!"&(*(,&01;+&/(#$%5('&)'&2%&01;+&2#.'-'&1,5'*+8
V[\ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"& V[T
?(,

!"?(,%%&"(&,(;(*+&#1/%"*(-(&P'*+-1%A&i`%18(/&5%"&%1A%,(&*(6'7&"+)#1*&3%&.%6'7&5'*&42)%A%8%*'*('&)+ & )*'@%-%*+&0(&T"%#1-&P'*+3&0',&;(&5+)1,+&#(&):'1&#,('*&7.,5(&2%&)*+,%&0%7(,%*(&0(&'?-.5(,+,%&0(&;',*%#1-(&


*,+%(3*%&#1&%81M%'&#+&(3*%&8%A(,/&5',&!"&G1-&R1&*(6'7&41)/&#'&)+&*,+%(3*%&!"&)2#%(*'*(&)141)&,(-18%82, & 0%/%"(3&-(?('&):'&51-*%;-%#'*3&';-%#4"01:)(&-(?%&0%7(,%*(&5%"(,'-1-1%3&/(?(*'-1-1%3&'"%5'-1-1%&2%&.51-1%8&
J(8(&3%&'8(&)2#%(*+.%%9&>',&'#()*&'5(0+,&"168&0(%&';8'&5%,(#*&5(&8'&J%"(/&#%&*(&0(%&#2"0%"-(&*1&!")1.%&#+ & I2'0',&"1&(L%)*+&(?'-%*'*(&2%&-%@(,*'*(3&#%&(/.-16%(&2%&/(2"%#+&)1;1"(,(8
"17'%&2&h2%".+&(L%)*+&!"&817(/&)4,(&;(,%#%,('&*'/&'&J('&3%&'&*1*1,2,k9 z(-1-&*1*1,.,&()*(&7(,%#%,('3&%',&7(,%#%,('&)(&0.@4"0(2*(&0%"&',5."%'&/%(6%%&;',*%#1-',1-1%&#1&'&
C%"&%1@%,(&'&#,('*&P'*+-&*.*&#(&(L%)*+&!"&=1,1-&".)*,18&J15'%&%1@%,('&'&7+#1*&;.)%@%-+&#,('6%'8&C%"& *.*1-1%3&'&;(,%7(,%#1-1%&#1&'&H("*,1-1%&#,('*.,8
%1@%,(3&S-&'&0();,%")&0%"&o%%"6'&K'&;',*%#1-(&%0("*%#(&#1&S'8&T"1-&()*(&P'*+-&#("*,'-3&0',&;("*,1&'&#,('3&
S- &):' &0%/%F'*8 & R1@%,(' & ()*( & . & 7.,6+ & 5.*,%#+3 &()*( &[.%"6' & 0%/%"+8 & R1@%,(' &P'*+-1% & "1& ()*( &0.', & 1"&
)("*%5("*3&#'&'#(-'&0%"&-15('&".')*,+3&#%&()*(&.&/.%"6+3&.&7.,6+&#("*,%71?+8&9,%"&'#(')*+&/.%"6+&)'1&
7.,6+& #("*,%71?+3&P'*+-& '&0();,%")& 0%"& )4"1-&K+1& )#4"*(%&)'1& 5%#%&C15"(F(%8&o%%%&0(&C15"(F(13& C.1+&7.,6(&#."#1,+&-'&(/.-16%'&("*%*+6%%&);%,%*1'-(
I=1*.',(-(&';,.;%'*(&P'*+-1%3&-(:'1&-1'*&2%&;,(?+*%*&;("*,1&#+-+*.,%'&-.,&#.)5%#+8
H4"0&)1"*&*,%5%)(&!"&1"%/(,)3&;',*%#1-(-(&)'1&)#4"*(%-(&0%/%"(&15;-1&#45;1-&)'1&);'6%%-(&%"*(,%.',(&
'-(&1"1%&1"%/(,)3&7.,54"0&5'*(,%'&(*(,%#+3&"15%*+&7-1%0&7%F%#&-%@(,8&I#()*&7-1%0&)(&#."#("*,('F+&!"& R"&-15('&;+54"*1-1%&)(&%")*%*1%(&).#%(*+6%&'%&#+,.,&5(5@,%&#'1*+&)+&)(-(#*(F(&'0(,("6%&".%8&G'&7(-&
'"15%*(&;1"#*(&'-(&1"%/(,)1-1%&2%&0+&"'2*(,(&).,%-.,&2%&';.%&;-'"(*(-.,8 7'# & 2% & 01$1,%-( & -15%".')(3 & )(-(#6%."4"0 & 5(5@,% & ;("*,1 & ?,1;1,%-( & 0( & #(,#(*+*.,% & !" & 0.5("%1-&
C%" &(*(,1-&7%F%#& -%@(,&):'1&7.,5'*&*.'*(&5%"(,'-(-(&#(&%"*,+&!"& '-#+*1%,('&;-'"(*(-.,8 &R"%6%'-& .& );%,%*1'-%)*8&T".,'&-%&)(&0'1&#1".2*%"6(&0(&?,'01-&'/&%',&1"1%&#(,#&5'%&%"%6%'*&%&)(&0'1&#1".2*%"6(&0(&
;-'"(*+&(&;1)*%(3&7%%"0&-%;)%*+&0(&.,%#(&/%(*'*(&/(?(*'-+3&'"%5'-+&)'1&15'"+8&I#(')*+&)*',(&01,('F+&.& ?,'01- &'/&A/&#&2%&'2'&5'%&0(;',*(8&C1;+&/'-.',('&5.,'-+&2%&);%,%*1'-+&'&.'5("%-.,&#(&'-#+*1%()#&1"&
/,(5(&0()*1-&0(&!"0(-1"?'*+3&%',&"15+,1-&7.',*(&5',(&0(&)#4"*(%&#(&%"*,+&!"&#.")*%*16%'&;-'"(*(%&7'#(& #(,#&;)%$%#3&)(&/'&0'&5'%&;16%"&)'1&5'%&51-*8
2#.'-'&5%"(,'-+3&)17(,%"0&0%-'*'6%'&2%&#."*,'#6%'&)1@&%"7-1("6'&*(5;(,'*1,%%3&!"01,4"0&%"7-1("6'&@%.L%01-1%& U1-6%&0.,()#&-(?+*1,%&#1&01$1,%-(3&0',&"1&*.6%&1,5+,()#&'#(-'2%&6(-8&T"%%&-(&0.,()#&0%"&;1"#*&0(&
0(&#',@."3&'&';(%3&(-(#*,%#%*+6%%3&5'?"(*%)51-1%&(*#8&H4"0&'&(L;%,'*&*(,5("1-&(L%)*("6(%&)'-(3&;-'"(*'& /(0(,(&;1,&2*%%"6%7%#8&I-6%%3&2%&'#(2*%'&7.,5('F+&5'=.,%*'*('3&#,(F4"0&#+&01$1,%-(&)1"*&'*.*2*%1*.',(3&-(&
)*(,;+&)(&,(7-1%0%F('F+&2%&7-1%01-&7%F%#&#(&'&'-#+*1%*:.&.0'*+&)(&!"*.',#(&-'&H("*,13&1"0(&()*(&)#$%5@'*+& #(,&'"15%*(&)(,/%#%%&2%&#.51"%#+,%&;1,&.5("(2*%8&I#(2*%'&1%*+&#+&01$1-&(&1"&.5&);'6%'-&#',(&"1&()*(&
2%&;,(?+*%*+&;("*,1&7.,5',('&0(&#.,;1,%&7%F%#(&/(?(*'-(8 -%@(,&;(&7';*(-(&2%&"%#%&#$%',&;(&%0(%-(&)'-(8&C'#+&-15('&*,1;(')#+&(&#."01)+&0(&-(?%&15'"(3&!5;+,+6%'&
!"*,:'0(/+,3&0%"&H("*,1&;-('#+&1"&'-*&/'-&0(&7-1%0(&7%F%#(&-%@(,(3&#1&#',(&)(&/.,&7'#(&.&".1+&)(,%(& );'*%%-.,&(&0.5%"'*+&0(&-(?%&2%&5'%&)(/(,(3&0(&-(?%-(&H.01-1%&0%/%"8
0(&;-'"(*(3&1"0(&/.,&#,(2*(&7.,5(&/(?(*'-(3&'-#+*1%*(&0%"&;',*%#1-(&#(&!"&/('#1,%&"("15+,'*(&'1&7.)*& ZT"&01$&"1&#.@.',+&"%#%.0'*+&)%"?1,&-'&1"&#(,#&0(&)*10%%&;)%$%#(8&o%(#',(&',(&?$%01-3&)1;(,%.,1-&
;+,6%-(& #.")*%*1*%/( & '-( & 5%"(,'-1-1% &1"., & ;-'"(*(& )*(,;(8& C1;+& )74,2%,('& (/.-16%(% &'#()*(% &;-'"(*(3& )+13&#',(&!-&'10(3&)1;,'/(?$('F+&2%&#("F1,('F+8&H1&.#'F%'&0%7(,%*(-.,&2(0%"6(&0(&#.51"%#+,%&#1&7,'6%&
5'*(,%'&(%&)(&,(7-1%0%F('F+&2%&)(&!"*.',#(&-'&H("*,1-&#,('*.,8&I%#%&*.'*(&)#4"*(%-(&0%/%"(&)17(,+&.&".1+& ;+54"*("%&'5&'7%,5'*A&BJ1&)1"*&)%"?1,&!"&'#(')*+&#'5(,+3&!"&=1,1-&5(1&)(&'7-+&5%%&0(&)#4"*(%3&5%%&0(&
;,(;',',(3&2%&;-('#+&2%&(-(&.&0'*+&#1&.&".1+&"(@1-.')+3&;("*,1&'&7.,5'&;(&/%%*.',(-(&;-'"(*(3&#.,;1-& 01$1,%&/("%*(&)+&'10+&#(-(&#(&/+&/.%&#.51"%#'E8
7%F%#&'-&1".,&)(,%%&!"*,(?%&0(&'"%5'-(8&I"%5'-(-(&/.,&*,+%3&%',&7-1%01-&;,./("%*&0%"&'#()*(&;-'"(*(&)(&/'& H.51"%#+,%-( & (,'1 & ;,%5%*( & #1 & ;-+#(,( & 0( & 7,'6%% & 5(% & !"*,1;'6%3 & 0', & ;,./.#'1 & "();1)+ & 5%,',(3&
!"*.',#(&0%"&".1&-'&H("*,18 ;-+#(,(&2%&7(,%#%,(&01$1,%-.,&'7-'*(&!"&);'6%1-&.0+%%3&')%)*("*(&-'&'#('&;,(-(?(,(&5.,'-+&)'1&2*%%"6%7%#+8&
!"&7%"(3&7-1%01-&;-('#+&;("*,1&'&;'*,'&.',+&0%"&G'@.,'*.,&!"&1"%/(,)&2%&;-'"(*(-(&".1&7.,5'*(&/.,& I#()*(&01$1,%3&7,'6%&5'%&5%#%3&(,'1&'*,')(&0(&?,'%1-&;+54"*("%-.,3&;,%"&#',(&!"6(-(?('1&2%&(-(&)1@%(#*(-(&
;1,*'&;(&(-(&0(&'#(')*+&0'*+&2%&7.,5(&15'"(&:&!"&0(7%"%*%/3&7.,5(&)1;(,%.',(&0(&'"%5'-8 *,'*'*(3&#.51"%#',('&5("*'-+&'&01$1,%-.,&)1;(,%.',(& "(7%%"0&!"6(-(')+&0(&5%#%-(& 01$1,%& '7-'*(&;(&
R"&?.-1,%-(&1,%'2(&'-(&1"%/(,)1-1%&".)*,1&/.,&7%A&<8&;-'"(*(&)*(,;(Q&V8&;-'"(*(&"15'%&#1&;-'"*(Q&X8& ;,%5(-(&*,(;*(&(/.-1*%/(&'-(&'#()*(%&;-'"(*(8&C1;+&#15&!"&-15('&*,1;(')#+&1"&#$%"(F&"1&)(&;.'*(&
;-'"(*(&#1&;-'"*(&2%&'"%5'-(Q&d8&;-'"(*(&#1&;-'"*(3&'"%5'-(&2%&.'5("%8 !"6(-(?(&#1&1"&,.54"3&?,'%1-&5("*'-&0%7(,+&;,%"&#1;,%")1-&%0(%-.,&(L;,%5'*(8
P,1;1-&*1*1,.,&'#()*.,&/%(61%*.',(&()*(&7.,5'*&0%"&7.)*1-&7-1%0&7%F%#&-%@(,3&0(/("%*&'#15&7-1%0& N4"01-&(&'1F%*&1"(.,%&0(&01$1,%-(&%"7(,%.',(3&0',&0'#+&"1&!"6(-(?%&#."6%"1*1-&'#(-.,&%0(%&()*(&#'
#';*%/&#."#("*,'*&;4"+&-'&0(;-%"'&)*',(&/%F%@%-+&2%&*'"?%@%-+&/.1+8 2%&#15&'%&'1F%&-%5@'&#$%"(F+&7+,+&)+&.&!"6(-(?%8&T"(.,%&/%@,'6%'&?4"01-1%&()*(&'*4*&0(&!"'-*+3&!"#4*
9,%"&'#()*(&7'F(&'1&*,(#1*&2%&*,(#&%"%6%'-&;-'"(*(-(8&IF%&;(&.&;-'"(*+&5'%&@+*,4"+&';',&;-'"*(3&';.%& "%#%&"1&()*(&'1F%*+&0(&01$1-&%"7(,%.,8 :&&&&&3&É
'"%5'-(&2%&-'&1,5+&.'5("%3&'0%#+&*.'*(&(*';(-(&;,%5%*%/(&)1"*&#."#("*,'*(&;(&1"'&2%&'#(('2%&;-'"(*+8& N,'%1-&5("*'-&0%7(,+&;,%"&/%@,'6%'&)'&-'&7%(#',(&0%"&#(-(&*,(%&(*'=(&)'1&F."(&(*(,%#(&'-(&9+54"*1-1%8
R"%6%'- & (L%)*+ & 7-1%0 & 7%F%# & -%@(,3 & ';.% & '#()* & 7-1%0 & 0(/%"( & 7-1%0 & 7%F%# & #';*%/8 & C%" & #."#("*,',( & !"& T"&01$&,.21&"1&/'&!"6(-(?(&?,'%1-&5("*'-&'-&01$1-1%&'-@')*,13&%',&'#()*'3&-'&,4"01-&)+13&"1&/'&!"6(-(?(
#."#("*,',(3&7-1%01-&7%F%#&#';*%/&)(&*,'")7.,5+&!"*,:.&;-'"(*+&#1&51"6%3&0('-1,%3&2()1,%3&.#('"(3&5+,%3& ?,'%1-&01$1,%-.,&'-@(8Z&C(&'#(('&-'&2(0%"6(-(&0(&#.51"%#+,%&0%"*,(&-15('&#(,(')#+&2%&#('&*(,()*,+&)(
7-1/%%&;.;1-'*(&0(&7.,5(&/(?(*'-(3&'"%5'-(&2%&15'"(8&U'*(,%'&;-'"(*(%&)'1&'&5%"(,'-1-1%&2%&'&7.,5(-.,& '01#&01$1,%&5%#%3&,.2%%&)'1&'-@')*,(3&#'&)+&!"6(-('?+&%0(%-(&01$1,%-.,&'-@(3&#%*%*(&)'1&0%)#1*'*(&!"*,:.
#(&'-#+*1%()#&*,1;1-&/%(61%*.',(-.,&*,(#(&;,%"&*.'*+&?'5'&0(&5'*(,%%&7%F%#(&'-(&*1*1,.,&7(-1,%-.,&0(& -%5@+&*(,()*,+&0(&01$1,%-(&!"*,1;'*(8 " I
;-'"(*(&2%&*,1;1,%&0(&/%(61%*.',(&0(&;(&(-(8&c(7-1%0%F'*+&'#(')*+&5'*(,%(&,(/%"(&!"&#(-(&0%"&1,5+&-'& P.6%&'#(2*%&7,'6%&5'%&5%#%3&#(&'1&'1F%*&#.51"%#',('&".')*,+3&)(&/.,&!"*,1;'&!"&/%%*.,e&%"&6','&
H("*,13&1"0(&()*(&*,'")7.,5'*+&!"&7-1%0&;)%$%#3&0%"&#',(&H,('*.,%%&#("*,'-%&/.,&7.,5'&;(,%);%,%*1-&)'1& /.')*,+8&S%&)1"*&'*4*&0(&0.,"%#%&0(&#1".2*%"6(-(&".')*,(3&!"#4*&%"0%7(,("*&!"&#(&#-')+&).#%'-+&)(&/.,&
#.,;1-&(*(,%#&'-&*1*1,.,&7(-1,%-.,&0(&01$1,%&0%"&1"%/(,)8 !"*,1;'3&/.,&0(/("%&);%,%*1'-%2*%&7(,/("6%3&/.,&#(,#(*'&2%&)*10%'&#+,6%-(&);%,%*1'-%)*(&2%&/.,&#+1*'&)'&)(&
!"&7%"(3&7-1%01-&;)%$%#3&,(/("%*&%',&-'&H("*,1&-'&7%"(-(&(/.-16%(%&)'-(&0()+/4,2%*(3&()*(&*,'")7.,5'*&!"& '0';(&#1&'0(/+,1,%-(&;,%5%*(&!"&'"15%*(&#(,#1,%&0(&,(/(-'6%(8&S%&/.,&#,(0(&%"*(")3&;("*,1&#'&'1&7.)*
01$&)'1&);%,%*3&!"&)#4"*(%'&#(&/'&#."01#(&5'%&!"*4%&.&7.,5+&0(&5%"(,'-&;(&*.'*(&?,'0(-(&0(&;-'"(*(8& #42*%?'6%&)#.;1-1%&1,5+,%*8 888888888
I;.%&)(&/'&*,'")7.,5'&!"&01$1-&'"%5'*.,&'-&*1*1,.,&7.,5(-.,&0(&;-'"*(&;(&*.'*(&7(-1,%-(&0(&;-'"(*(&0%"&
-15(8& H4"0&*(,5%"+&2%&'#(')*+&(*';+&(/.-1*%/+3&01$1-&/'&'"%5'&*.'*(&7.,5(-(&0(&'"%5'-(&0(&;(& K+&"1&/+&5%,'6%&2%&%"0%?"'6%&'1F%"0&;(&1"%%&0%"*,(&/.%A&BS1&#,(0&!"&(L%)*("6'&-15%%&%"/%F%@%-(&2%
7%(#',(&?,'0&0(&;-'"(*(&2%3&!"&7%"(3&01;+&#(&'&*,(#1*&;,%"&*.'*(&7.,5(-(&0(&;-'"*(&2%&'"%5'-(&;(&7%(#',(& !"*,:1"&C15"(F(1Z&#,('*.,E3&%',&;(&'-6%%&"(?4"0&2%&,4F4"0&)*1;%0&'1F%"01:/+&#+&'7%,5'6%&(L%)*("6'
#'*(?.,%(&0(&;-'"(*(&0%"&1"%/(,)3&/'&'"%5'&.&7.,5+&15'"+8&G'&!"#(;1*3&/'&7%&#('&5'%&)%5;-+&7.,5+&0(& );%,%*1-1%&2%&'&P'*+-1%&'*.*7+#+*.,8&I2'&(&7%,()#8 u 3 B&I&&&&&&&B
.53 & 0', & #1 & *%5;1-3 & '#(')*+ & )#4"*(%( & 0( & .5 & /' & (/.-1' & ;,%" & *.'*( & 7.,5(-( & 15'"( & 2% & #4"0 & )( & /'& J1&(L%)*+&0.1+&01$1,%&(?'-(&!"&;,%#(;(,(&2%&#1".'2*(,(8&P'*+-&'&).,*%*&)+&(L%)*(3&6'6'&5&6'6'3&
0()+/4,2%&;,%"&*.'*(3&)(&/'&,(!"*.',#(&-'&H("*,13&0(/("%"0&)#4"*(%'&'"%5'*.',(&'&1"1%&#.,;&;)%$%#&0(& '7%,5'6%'&2%&"(?'6%'3&!"6(-(;#%1"('&2%&;,.)*%'3&#15%"*(-(&2%&"(@1"1-8
!"?(,Q&2%&'2'&0%"&(*';+&!"&(*';+3&);,(&0()+/4,2%,('&%"7%"%*+8 C1$1,%-(&)1;(,%.',(&/+0&*.'*(&'#()*(&#%10+6("%%&'-(&-15%%&/.')*,(3&'2'&#+&"1&)(&5%,'&0(&7';*(-(&
!"&,(F15'*A&;',*%#1-(-(&0%/%"(&'1&7.,5'*&-'&!"#(;1*&7-1%0&7%F%#&-%@(,3&';.%&7-1%0&7%F%#&#';*%/Q&0(&'%#%& .51-1%8&I)*7(-3&(-(&'1&/+F1*&01$1,%&7,15.')(&!"*,1;'*(3&!"=.)%,%01:)(&):'1&'@+*4"01:)(&0(&-'&!"+-6%5('&
*,(# & !" & ?,'01- & 0( & 7-1%0 & ;)%$%# & -%@(,3 & ;("*,1 & ' & 0(/("% & 7-1%0 & ;)%$%# & #';*%/3 & )74,2%"01:2% & #',%(,' & #'& -.,3&2%&7+#4"0&?,(2(-%&;()*(&?,(2(-%3&')(5("('&1"1%&01$&%"7(,%.,8&K:'1&/+F1*&01$1,%&7,15.')(&"(?4"0&
)#4"*(%(3&01$&)'1&);%,%*3&#(&15;-(&1"%/(,)1,%-(3&)1@&0%7(,%*(&?,'0(&0(&(/.-16%(8 !"*,:. & !"*,1;',( & #((' & #( & !" & "("15+,'*( & !"*,1;+,% & ;,(#(0("*( & '7%,5'1 & #1 & *+,%(A & ;1*(,(' & #,(0%"6(%3&
R'*+&0(#%&#+&(*(,1-3&'(,1-3&';'3&;+54"*1-3&;-'"(*(-(3&).,%%3&*.*&#(&(L%)*+&!"&)7(,'&#,('6%%-.,&'&7.)*& ;1*(,('&/.%"6(%3&(L%)*("6'&);%,%*1-1%&"(51,%*.,8
7+#1*&0(&H,('*.,1-&)1;,(5&0%"&;',*%#1-(&/%%3&;-(#'*(&0%"&)4"1-&K+18&9',*%#1-'3&*,1;&0%"&*,1;1-&P'*+-1%& c(/%"&-'Z&7,'6%%&5(%&);'6%'-%8 B&&&&&&8
#("*,'-3&*,(#(&;,%"*,:.&)(,%(&0(&)*+,%3&%"7%"%*(&/.1+3&0(/("%"0&01$&)'1&);%,%*&15'"8 I#()*& '10%*.,%1 &'& 5'% &7.)* &'%#%3& #' & 2%& !"& '-*(&;+,6% &2%& '&5'% &'10%'*& 2%&'-*+0'*+8& 9,%" & 1,5',(3&
9',*%#1-(-(&0%/%"(&(/.-1('F+&0%"&*,(';*+&!"&*,(';*+8&P.*&#(&/(0(5&2%&"1&/(0(5&()*(&*,1;1-&P'*+-1%& #.51"%#+,%-(&".')*,(&/+&7.-.)()#&/.1+3&0',&"();1)&0(&51-*&7.-.)()#&'#()*1%&e'10%*.,%1&"(/+F1*&2%&
,%)%;%*&!"&1"%/(,)3&)1@&0%7(,%*(&)*+,%Q&0(#%&*.*1-&(&)1;1)&P'*+-1%3&,+5')&-'&H("*,18&a&)%"?1,+&-(?(&'&7.)* 7.',*(&"15(,.)8&C(&'#153&"1&/'&5'%&!"#.-6%&!"&)17-(*1-&-.,&)+54"6'&"(?'6%(%8&R"*,1;'"01:)(3&/.,&7%&
#."/%"2%&!"&7.,6(-(&#(,(2*%3&!"&(L%)*("6'&C%/%"%*+6%%&2%&'&#.;%%-.,&K+%&);'6%'-%8
V\_ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"&?(, V\U

9(,%.0%#3&#.@.',+&-'&!"*,1;',(&1"&/'-&0(&);%,%*(&7.',*(&#,(0%"#%.')(8&T,5('F+&1"&/'-&"%#%&#'-03& !"*,(&?4"0%,('&01$1-1%&!"*,1;'*&2%&'&01$1-1%&-%@(,&(L%)*+&.&5',(&0(.)(@%,(8&H4"0&.51-&*,1;()#&
"%#%&,(#(3&7.,5'*&0%"&#(%&#(&#,(0&2%&"1&;,('3&2%3&!"&7%"(3&/%"(&1"&'-&*,(%-('&/'-3&7.,5'*&!"&5'=.,%*'*(&0%"& ?4"0(2*(3&%0(%-(&%()&5(,(1&0%"&#';1-&)+13&7%%"0&/+F1*(&2%&#%*%*(&0(&01$1,%3&0(#%&(-(&2*%1&#(&?4"0(2*(&
.'5("%&#',(&"1&/.,&)+&2*%(&"%5%#&0(&H(,&2%&7.,6(-(&)'-(8&I2'&1,5('F+&5(,(18 '#(-&.53&5+#',&#+&(-&"1&2%&-(&(L;,%5+&;,%"&/.,@(8&H4"0&01$1-&?4"0(2*(&!"&)%"('&-1%3&1"&'-*&01$&"1&
!"&/,(51,%-(&/%%*.',(3&"1&;,('&!"0(;+,*'*(3&/'&/("%&1"&/'-&0(&01$1,%&0.,"%#(&)+&)*10%(F(&"'*1,'&2%& /(0(&"%5%#&-'&(-3&"1:%&;.'*(&#%*%&?4"01,%-(3&0(.',(#(&(-(&"1&%()&0%"&#.,;1-&)+1&);%,%*1'-8
/%'6' & ,%)%;%*+ & !" & )4"1- & (%3 & )1@ & *.'*( & 7.,5(-(8 &I#()*( & /'-1,% & 0( & #,(0%"#%.2% & 2% & "(#,(0%"#%.2% & )1"*& N4"0%"0&!"&-15('&*,1;(')#+&'%&2%&(5%)&%0(%8&C'#+&'#()*(&%0(%&)1"*&%"7(,%.',(3&'%&%"7(#*'*&);'6%1-&
.,4"01%*(&0(&#(%&0%"&K7(,'&0%/%"+8&P'*+-&"1&)(&)1;+,+&#+&1"%%&0%"&#.;%%%&K+%&RR&"('?+8&!"*.*0('1"'&2%&!"& #1&5'*(,%(&%"7(,%.',+3&#.5;,.5%64"0&;(&.&',%(&!"*%")+&#."6%"1*1-&%0(%-.,&'#(-(%&,(?%1"%8&C1$1-&?4"0%"0&
*.'*(&:&'*4*&!"&H(,3&#4*&2%&;(&;+54"*3&*,(@1%(&)+&(L%)*(&242M%.%(9&H$%',&2%&!"&-15%-(&)1;(,%.',(&)(&0%)#1*+& .,%#(&!"&)%"('&-1%3&"1&7'#(&"%#%&.&(5%)%(3&"1&'01#(&"%#%&1"&;,(=10%#%1&/%(6%%&2%&?4"0%,%%&1"%/(,)'-(8
*(F(&;,.&2%&#."*,'8 K718(/&5'#+&"1&*(&42.%&,1-'/&5'#+&"1&42.%&A%"(#10E"*'/&5'#+&"1&42.%&8+15'&4(&)(7("18&*+1/&7'% &
a51-&*,1;()#&()*(&.&7+,45+&"(!")(5"'*+&!"&1,%'21-&5(#'"%)5&'-&/%(6%%Q&)17(,%"6'&)'&":',(&"%#%&.& A%"(&"1&7'%&-E"5%&3%&02,A%/&#+#%&7',(&4+#'*&;'#%/&#(&0'&'*E,"'&-,(1&!"&5()*%"18&*+1b
%5;.,*'"6+3&7'6+&0(&5',(-(&)#.;A &;(,%#%,('&(*(,"+9 &P.'*(&01$1,%-(&'1&*,(#1*3&*,(#&2%&/.,&*,(#(&;,%"& K+ & 1,5+,%5 & 5(#'"%)51- & ?4"0%,%% & 1"1% & 01$8 & N4"0%"0 & !" & )%"(' & )'3 & 0%'5(*,1- & 01$1-1% & )( & *.*&
7-+#+,%-(&01,(,%%8&[.5&)17(,%&2%&/.5&,+@0'3&#+#%&'2'&()*(&;-'"1-&P'*+-1%Q&"%#%&1"&01$&"1&(&)#1*%*&0(& 5+,(2*(3&7.,5'&)'&#,(2*(8&C1;+&#15&/.5&/(0('3&'#(')*+&157-',(&"1&)(&7'#(&-'&%"7%"%*3&#+#%&"%5%#&"1&'&
71,"'-1-&)17(,%"6(%8&C'#+&!"&;,('=5'&P'*+-1%&0.5"(2*(&7(,%#%,('&0()+/4,2%*+3&!"&-15%-(&#,('*(&(L%)*+& ,+5') & "(;,(/+F1* & 0( & 5',(-( & H,('*., & #("*,'-8 & C( & '#((' & S- & ()*( & ).#.*%* & '*.*2*%1*., & 0( & %"7%"%*'*('&
)17(,%"6'&)1@&.&%"7%"%*'*(&0(&7.,5(8&9.,"%5&0(&-'&01,(,(&)+&'=1"?(5&-'&7(,%#%,(3&2%&!"*.*0('1"'&01,(,('& 01$1,%-.,&0%"&1"%/(,)3&;("*,1&#+&!"&*.'*(&.;(,(-(&K'-(&)(&0()#.;(,+&;,(/%F%1"(&2%&;(,7(#6%1"(8
()*(&!"&7'6'&7(,%#%,%%8 9(,7(#6%1"('&H,('*.,1-1%&"1&;.'*(&7%&(?'-'*+&0(&"%5("%3&!"&*.*&#.)5.)1-8&a;(,'&H,('*.,1-1%&()*(&
P'*+-&#("*,'-&"1&',&2*%&#(&()*(&7(,%#%,('3&0'#+&":',&'/('&#1".2*%"6+&0(&)17(,%"6'&!"01,'*+&0(&#.;%%%& 0()+/4,2%*+8&J15'%&.51-3&)17(,%"03&!%&?+)(2*(&H,('*.,1-1%&#1)1,1-&#+&'&-+)'*&)17(,%"6'&)+:<&'5+,(')#+8
K+%&!"&-15(8&K7.,6+,%-(&01$1-1%&);,(&;,.?,()&"1&',&5'%&'/('&-.#3&0'#+&(-&"1&',&)%56%3&0%"&(*';+&!"& J(2*%%"6'&*'3&.51-(3&7%%"0&5',(3&"(#1".)#4"0&6(-1,%-(&P'*+-1%3&"1&;.6%&)+:6%&7'#%&.&=1)*+&';,(#%(,(&
(*';+3&.&51-615%,(&5'%&5',(&2%&"1&',&7%&#."2*%("*&#+&-'&)74,2%*1-&,+@0+,%%&2%&)7.,6+,%-.,&)'-(&/'&'/('& 2%&0(#%&;+,(,('&*'&(&"(0,(';*+8
;',*(&0(&7(,%#%,(8 R"%6%'-&'&(L%)*'*&-15('&01$1,%-.,3&2%&01;+&'#(('&):'&#,('*&-15('&*,1;(')#+8&N4"0%,('&-15%%&#(,(2*%&
G'&2(0%"6(-(&0(&!"'-*(&#.51"%#+,%&5.,'-(&2%&2*%%"6%7%#(&)(&'01#&01$1,%&*%"(,(3&)+&;,%"0+&#1,'=&2%&)+& ):'&*,'");1)&!"&-15('&;+54"*(')#+8&N,'%1-&.51-1%&*,1;()#&()*(&'1F%*&0(&01$8&N4"01-&01$1-1%&"1&()*(&
!"6(-('?+&#+&/%'6'&2%&#1".'2*(,('&)(&#42*%?+&;,%"&.)*("('-+&2%&"(#'F8&C'#+&(-(&"1&',&'1F%&)7'*1,%-(&#(-.,& '1F%*&0(&.51-&*,1;()#3&2%&*.*12%&(-&()*(&;+*,1")&0(&%0(%-(&7,'*(-1%&)+1&"(/+F1*8&R'*+&0(#%&!"6(-()1-&
5'%&5',%3&',&#+0('&)1@&?,(1*'*('&'0/(,)%*+6%-.,&/%(6%%8&C',&;("*,1&'&-(&0'&T"&%5@.-0&2%&5'%&;1*(,"%#3& )1?()*%(%8&R0(('&7%%"0&(*(,%#+3&;+*,1"0(&;,%"&*,1;3&#.,;&/%*'-&2%&;(,%);%,%*3&'=1"?4"0&;4"+&-'&)#4"*(%(&
5',%-(& 01$1,%&'-@(3& !"?(,%%&;-'"(*',%&)'1&).-',%&)( & !"*,1;('F+3&)(&7'#&.'5("%&*,1;(2*%&2%& *,+%"0&!"& )'1&01$3&1"0(&()*(&/+F1*+&2%&!"6(-(')+8&J(/+F4"0&01$1-&0(&-4"?+&(-3&#',(&<:'&)+?(*'*&#1&%0(%-(&)'-(3&
5%=-.#1-&-.,3&)17(,+&!5;,(1"+&#1&(-(8&J.';*('3&01$1,%-(&%"7(,%.',(&2*%%"0&;(&#%"(&'1&;,%"*,(&(-(&2%& .51-&*,1;()#&()*(&#."/%")&#+&(-&'&?4"0%*&2%&1"(.,%&'#6%."('F+&01;+&#15&%:'&0%#*'*&%0(('&,();(#*%/+8&
/+F4"0 & #+ & 2% & '#(2*%'3 & #' & .'5("%3 & )17(,+ & "(/.%-( & /%(6%%3 & ;,%"0 & #1,'= & 2% & )1;.,*+ & 5'% & 12., & #'-/',1-& I2'&#+&.51-&0(/%"(&1"(.,%&1"&/($%#.-&#."01)&0(&1"&;%-.*&"(/+F1*8&T"1-&?4"0(2*(&2%&'-*1-&(L(#1*+8
!"*,1;+,%%8&I#()*(&#'F1,%&)1"*&0(&(L#(;6%(8 C',&)+&,(-1+5&)*10%1-&7(".5("1-1%&?4"0%,%%&01$1-1%8&K;1"('5&5'%&)1)&#+&01$1-3&#4"0&!"#(;(&)+&
C(&#(-(&5'%&51-*(&.,%3&01$1,%-(&)1;(,%.',(&#.@.',+&!"&#(*(-(&5%-%',0(-.,&0(&01$1,%&%"7(,%.',(3& 5(0%*(F(3 & )+ & #1?(*( & )( & *.* & 157-+8 & C( & #( & '#(')*+ & 5+,%,( & ' & #.,;1-1% & )+1D & 9("*,1 & #+ & 0%" & 5(0%1-&
,.2%%&2%&'-@')*,(3&2%&-(&6%"&;,(-(?(,%3&-(&-+51,()#&')1;,'&)#.;1-1%&/%(6%%&2%&'&0'*.,%(%&0(&'&)(&)1;1"(&!"& !"#."=1,+*.,&01$1-&'@).',@(&5(,(1&!"&%"*(,%.,1-&)+1 &%5(%6)%7A281,%9 &C',&*.*&$,+"%"01:)(&#1&'#()*&
/(2"%#%(3&#+#%&'2'&'1&7.)*&2%&(-(3&*,(#4"0&;,%"&'#(-('2%&?,(1*+6%&2%&)17(,%"6(8 '-%5("*&(*(,%#3&01$1-&',&0(/("%&.&7%%"6+&;')%/+3&#(-&;16%"&;("*,1&1"&'"15%*&*%5;8&9("*,1&'&)%-%&01$1-&)+&
H4"0&01$1,%-(&;-('#+&0(&-'&P'*+-3&;.,"()#&-'&2#.'-'&/%(6%%&;(&1"&)%"?1,&0,158&C(&-'&.&/,(5(3&0%"& 7%(&!"&/(2"%#+&5%2#',(3&H,('*.,1-&'&.,4"01%*&#'&01;+&#(&):'&157-'*&#1&%0(%&;4"+&-'&.&-%5%*+3&01$1-&)+&)(&
"(;,%#(;(,(3&1"(-(&'-(?&0,151-&01,(,%%3&;(&#4"0&'-*(-(3&5'%&*(5+*.',(3&'-(?&0,151-&)1;1"(,%%&.',@(8& #."*,'#*(&2%&)+&-(&(5%*+&!"&'7',+3&2%&')*7(-&)+&)(&0(F157-(8&C(&'%#%&,(F1-*+&.&#."*%"1+&;1-)',(3&0%-'*+,%&2%&
9(&'5@(-(&#+%&/.,&(/.-1'&01$1,%-(&2%&0(&-'&.&/,(5(&#+,+,%-(&-.,&)(&1"()#&2%&'=1"?&%',&-'&P'*+-3&1"0(&)(& #."*,'#*+,%3&0(#%&.&#."*%"1+&5%2#',(3&')(5+"+*.',(&#1&#('&'&,();%,'6%(%&.51-1%3&#4"0&%");%,+&.L%?("&2%&
/.,&@1#1,'&0(&.&7(,%#%,(&/(2"%#+8 (L;%,+&@%.L%0&0(&#',@."8&H'&2%&*.,'#(-(&.51-1%3&01$1-&)(&157-+&2%&0(F157-+&5(,(13&!"&5.01-&'#()*'3&
01$1-&'&0(/("%*&.&7%%"6+&/(2"%#&!"&5%2#',(3&/(2"%#&'#*%/+8
!"&=1,1-&01$1-1%&;-%"&0(&%0(%&)(&'01"+&01$1,%&%"7(,%.',(&0(F157-'*(8&S-(&"1&'1&;1*(,('&)+&0%?(,(&
%0(%-(&5(0%1-1%&(L*(,%.,8&C(&'#(('&)(&'01"+&!"&=1,1-&01$1-1%&)1;(,%.,3&#'&)*10("6%%&!"&=1,1-&-(#*.,1-1%3&
U(#'"%)51-&?4"0%,%% '2*(;*4"0&)+&(-%5%"(&%0(%-(&'@).,@%*(&0(&(-8&C1$1-&)1;(,%.,&)(&0()#',#+&0(&%0(%-(&)'-(&%',&01$1,%-(&
%"7(,%.',(&-(&;,%"0&2%&-(&!"#.,;.,('F+8&[.,@%*.,1-&)(&0()#',#+&2%&')%)*("6'&)(&!"#',#+&#1&#."6%"1*1-&
%0(%-.,&)'-(8
T"%/(,)1-&()*(&;-%"&0(&.&%"7%"%*'*(&0(&%0(%8&S-(&#%,#1-+&!"&*.'*(&0%,(#6%%-(3&1"(-(&7%%"0&/+F1*(&0(& C1;+&#(&'1&7.)*&/+F1*(&2%&)%56%*(3&%0(%-(&%"*,'*(&!"*,:1"&01$&!%&;,.01#&.&5',(&;-+#(,(3&#'&2%&.51-1%&1"&
01$1,%3&'-*(-(&"18&T"(-(&%0(%&/%F%@%-(&)1"*&!"6(-()(3&'-*(-(3&0(2%&/%F%@%-(3&"1&)1"*&!"6(-()(8 '-%5("*&0(-%#%.)8&C(&-'&.&/,(5(3&-14"0&#1".2*%"6+&0(&#."6%"1*1-&%0(%-.,3&01$1-&)%5*(&.&?,(1*'*(3&.&
C'#+&01$1,%-(&',&/(0('&2%&!"6(-(?(&*.'*(&%0(%-(3&%")*,1#6%'&:&5.,'-+&)'1&%"*(-(#*1'-+&:&',&7%&5'%& ';+)',(&2%&#'1*+&)+&)#';(&0(&(-(8&C1$1,%-(&#',(&'10%'F+3&;,%5%"0&$,'"'&(-%5%"'*+&0(&1"&)1;(,%.,3&)%5*&
,';%0+&2%&"1&',&5'%&7%&"(/.%*(&)+&)*('&)1*(&0(&)(#.-(&;(&'#(('2%&;-'"(*+8&C%"&'#()*&;1"#*&0(&/(0(,(3& .&5',#&;-+#(,(3&)(&)%5*&,.@%*(&0(&7,151)(6('&%0(%-.,&;,%5%*(3&#+F4"0&)1@&/,'='&-.,8&R0(%-(&%"*,'*(&!"*,:
;-'"(*'&".')*,+&()*(&1"'&0%"*,(&#(-(&%"7(,%.',(8&S/%0("*3&;(&)1;,'7'6'&(%&2%&!"&=1,1-&(%&(L%)*+&51-*(&2%& 1"&01$3&01;+&#(&)1"*&/+F1*(&2%&!"6(-()(3&;.*&Z7%&0(7.,5'*(3&;(,/(,*%*(&2%&0%"&.,%?%"',(&0(/%"&)(#1"0',(3&
5',%&/'-.,%&);%,%*1'-(3&0',&"1&(&/.,@'&0(&'#(')*+&5%".,%*'*(3&#%&0(&5'=.,%*'*('&01$1,%-.,&#',(&7.,5('F+& 0%"&7,15.')(&:&1,4*(3&0%"&!"+-6+*.',(&:&=.)"%#(8&H1&'-*(&#1/%"*(3&01$1-&-(&;.'*(&)#$%5@'&#."6%"1*1-3&
;.;1-'6%'&*(,()*,+8&>*%%"6'&5',%%&51-6%5%&'&01$1,%-.,&-%@(,(&)'1&!"*,1;'*(&;(&;-'"(*'&".')*,+&()*(&7.',*(& 7.,5'&#1&#',(&'1&/("%*&0(&-'&P'*+-8
,(01)+3&7'6+&0(&'&#(-.,&0(&;(&'-*(&;-'"(*(&0%"&1"%/(,)8 !"#.,;.,'*(&0(&1"&'-*&01$3&')(5("('&%0(%&0(7.,5'*(&;,.01#&5',%&*1-@1,+,%&!"&.,?'"%)51-&)+1&2%&0(#%&.&
9("*,1&.53&%5(('&!"&)%"(&()*(&#(/'&'@)*,'#*3&%"/%F%@%-3&%"'10%@%-&2%&%5;(,#(;*%@%-8&9("*,1&01$1,%-(& 5',(&"(;-+#(,(3&0'#+&"1&#$%',&.&.*,+/%,(8&o(".5("1-&()*(&')(5+"+*.,&#1&%"*.L%#',('&*,1;1-1%&;,%"&
)1;(,%.',(&%0(('&()*(&.&,('-%*'*(&'@).-1*+3&#+#%&(-(&!%&/+0&7.,5'3&"15%*+&)%7A289&R0(('&)(&5%2#+3& %"?(,',('&1".,&'-%5("*(&;(,%5'*(&)'1&*.L%#(3&%5;1"4"01:)(&(-%5%"',('&-.,&?,'@"%#+8&I2'0',&!"&-15(&
/%@,('F+3&;,.01#4"0&1"&)1"(*3&.&51F%#+&);(#%'-+8&!"&7%"(3&5'*(,%'&#(&7.,5('F+&#.,;1-&1"(%&%0(%&()*(& (L%)*+&0.1+&7(-1,%&0(&%0(%A
#.-.,'*+3&7%(#',(&%0((&'/4"01:2%&;,.;,%'&#1-.',(8&j&&&[.%3&01$1,%&!"*,1;'*(3&/+&(L;,%5'6%&?4"01-&2%&%0(%-(& <8%5(%&41,(/&;,.01#+*.',(&0(&;-+#(,(3&/("%*(&0(&-'&H("*,1-&#,('*.,Q
;,%"&1"0(&).".,(3&;,%"&#1/%"*(&'10%@%-(8 V8%5(%&5(;2,7'*(/ &;,.01)(&0(&01$1,%&"(;,%#(;1*(3&'-*(,4"0&)'1&)#$%5@4"0&7.,5'&2%&#."6%"1*1-&
H4"0&0.1+&01$1,%&-%@(,(&)(&!"*4-"()#&2%&/.,&)+&B/.,@(')#+E&!"*,(&(-(&0();,(&1"&'"15%*&)1@%(#*3& 0%/%"&'-&%0(%-.,&;1,(8
(5%* & 0%" & 7%%"6' & -., & ;',*%#1-( & 1-*,'5%#,.)#.;%#(3 & 5(-.0%.')(3 & #.-.,'*( & 2% & #1 & . & 7.,5+ & 0(*(,5%"'*+8& C%"&#(-(&0(&5'%&)1)3&,(%()(&#+&;("*,1&01$&%0(('&()*(&1"&'-%5("*&'@).-1*&"(#()',3&%"0%);(")'@%-&
H(-+-'-*&01$&;,%/(2*(&'#()*(&;',*%#1-(&:&/+F4"01:-(3&'1F%"01:-(&2%&#$%',&)%56%"01:-(3&#+#%&;+*,1"0&!"& /%(6%%&)'-(8&I@).,@%,('&%0(%-.,3& '"'-%F'3& ').#%(,('&2%&#.5;',',('& -.,&!"*,(& (-(3&0(F/.-*+&7'#1-*+6%-(&
#.,;1- & )+1 & : & -( & !"6(-(?(3 & %', & ';.% & ,+);1"0(8 & K#$%5@1- & '#()*' & ',( & -.# & 71-?(,+*.,3 & !"*,:1" & 5%"1*& 5("*'-(3&%"*(-(#*1'-%*'*('&2%&#1".2*%"6(-(&01$1-1%3&2%&5'%&';.%&,%0%#',('&)'&5.,'-+8
*,'"25%64"01:)(&7,'F(&#(&',&15;-(&<q:<\&;'?%"%&0%"*,:.&#',*(8 H'&)+&*,+%')#+3&.51-&*,1;()#&',(&"(/.%(&0(&$,'"+3&%',&01$1-&0(&,();%,'6%(8&a,&,();%,'6%'&01$1-1%&
R" & ;,%"#%;%13&01$1-&!"*,1;'*& 7'#(&'#(-'2%&-1#,13&"15'%& #+& ?4"0%,('3&%0(%-(&(5%)(& 0(& 01$& )1"*& ',(&#'&(7(#*&#1?(*',('8&[,4"0:"(/,4"03&01$1-&*,(@1%(&)+&,();%,(&%0(%&2%&0(#%&)+&?4"0(')#+8&S-&()*(&.&
(L;,%5'*(&!"&)1"(*(&;,.01)(&;,%"&#."#1,)1-&#.,F%-.,&/.#'-(&'-(&-',%"?(-1%3&,(F."'"6'&#'/%*+6%%&@1#'-(& 5%#+&)7(,+&?4"0%*.',(3&'&#+,(%&.#1;'6%(&;,%"#%;'-+&()*(&)+&*.*&?4"0(')#+3&7+,+&;.)%@%-%*'*('&0(&'&)(&.;,%&
2%&'&)%"1)1,%-.,&7,."*'-(&2%&"'F'-(3&5%2#',('&-%5@%%&2%&-./%,('&)1"(*(-.,&0(&0%"6%&2%&#.,"(*(-(&"'F'-(8 0%"&;'-;%*',(3&0%"&?4"0%,('&)'8
V\V >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%" & V\W
?(,

J.';*('3&#4"0&*,1;1-&.51-1%&0.',5(3&-15('&*(,()*,+&#,(0(&#+&(-&)(&.0%$"(2*(3&0(.',(#(&*,1;1-&)+1& [%'6'&0%"&1"%/(,)&!5@.-0(2*(&01$1-&-'&5%2#',(3&-'&'@).,@%,('&%0(%-.,8&9,%"&%0(%3&01$1-&7'#(&2#.'-'&
F'#( & !" & ;'*8 & c('-%*'*(' & ()*( & #+ & 01$1- & ' & %(2%* & 0%" & *,1; & 2% & -1#,('F+3 & ?4"0(2*( & )'1 & #."/(,)('F+ & #1& %"7%"%*+3&0(F/.-*4"01:2%&*.*&5'%&51-*&%"*(-%?("6'3&#1".'2*(,('3&5.,'-%*'*('&2%&,'6%1"('&;1,+8
0,(;*'21-3&?$%01-&2%&)*4"?'21-&)+13&#1&01$1,%-(&0(&#',(&',(&"(/.%(&2%&#1&#',(&',(&-(?+*1,%8 !"&0(7%"%*%/3&%0(%-(&P'*+-1%&'=1*+&-'&(/.-16%'&7%%-.,&K+%&0(&;,(*1*%"0("%8&C1$1,%-(&)(&$,+"()#&#1&
C%/%"%*'*('3&.&1F%"+&1,%'2+3&)(&?4"0(2*(&5(,(1&#15&)+&#,((F(&0%"&)1@)*'"6(&*.*&5'%&;(,7(#*'*(3&7.,5(& %0(%-(&P'*+-1%3&%',&S-&;,%5(2*(&%"7.,5'6%%&0();,(&?4"01,%-(&#.;%%-.,&K+%88
".%&0(&)*(-(&2%&;-'"(*(3&;("*,1&'&7%&;.;1-'*(&#1&);%,%*(&(/.-1'*(8&C1$1-3&;',*%#1-'&;-(#'*+&0%"&*,1;1-& 9-%5@4"01:)(&;,%"&?,+0%"'&P'*+-1%3&01$1-&#1-(?(&5%(,(&0%"&7-.,%-(&(%8&C1;+&;1*(,%-(&)'-(3&7%(#',(&
P'*+-1%3&7'#(&-'&7(-3&?4"0(2*(&5(,(18&C%/%"%*'*('&(5%*(&?4"01,%&#',(&#%,#1-+&;,%"&1"%/(,)&')(5("('& 01$&'01"+&#(&!%&;-'#(3&#(('&#(&!"6(-(?(8&C%"&*.*'-%*'*('&%0(%-.,&#(&*,(#&;,%"&7'6'&)#4"*(%%:01$3&"1&*.'*(&
1"1% & 7-1/%1 & 1,%'23 & !5;,.);+*4"0 & 5'*(,%' & 0( & %0(% & 0%" & 1"%/(,)8 &I;.% & #$('5+ & -' & K%"( & '#()* & 7-1/%13& )1"*&')%5%-'*(3&'0%#+&!"6(-()(8&C1$1-&'@).',@(&%0(%3&0',&01;+&!"6(-(?(,('&-.,3Z&-(&').#%'F+&!"&7(-&2%&7(-&
;,./.#4"0&1"&'-*&#1,("*&0(&%0(%3&0(&!"*.',#(,(&!"&K7(,'&0%/%"+8&C1$1-&7'#(&-'&7(-3&;,%5(2*(&2%&(5%*(& 0(&#$%;1,%3&,('-%F4"0&7,'F(&)'1&#1?(*+,%8&I2'0',&(-&'@).',@(&%0(%&)(;','*(3&-(&').#%'F+3&01;+&#',(&-(&
%0(%3&7%%"0&.@-%?'*&)+&?4"0(')#+&!"&/(2"%#%(3&0(.',(#(&?4"0%,('&(&5%2#',(&2%&5%2#',('&(&/%'6+8&C1$1,%-(& (5%*(&)1@&7.,5+&0(&7,'F+3&0(&=10(#'*+8
"1&'1&"(/.%(&0(&).5"3&54"#',(&)'1&'0+;.)*3&0',&'1&.&"(/.%(&'@).-1*+&0(&'&?4"0%8&g,'"'&-.,&()*(& P'*+-&(5%*(&"15'%&)%5@.-1,%3&0%"&#',(&01$1-&*,(@1%(&)+&7.,5(F(&#1?(*+,%3&,'6%."'5("*(3&=10(#+6%8&
%0(('8 & C1$1- & ?4"0(2*(3 & 5(0%*('F+ & !" & %"*(,%.,1- & )+13 & %', & ';.% & !2% & (L*(,%.,%F('F+ & ?4"01-8 & o%%"0 & .& C1$1-&;.,"(2*(&0(&-'&)%5;-1&-'&#.5;-(L8&S-&'2('F+&'#()*(&%0(%&%F.-'*(&1"(-(&-4"?+&'-*(-(3&!"&7(-&2%&7(-&
;',*%#1-+&0%"&5',(-(&N4"0%*.,3&01$1-&?4"0(2*(&5(,(18&I2'0',&?4"0(2*(&01$1-&!"#$%)&!"*,:.&;%'*,+3& 0(&5.0'-%*+6%3&)#.64"0&;,%"&').#%(,('&-.,&0%7(,%*(&?4"01,%&2%&,'6%."'5("*(8
?4"0(2*(&01$1-&#',(&#."01#(&/%'6'&1"(%&;-'"*(3&5%#%&)'1&5',%3&?4"0(2*(&01$1-&1"1%&'"%5'-3&.,%#4*&0(& I7-'*&-'&!"#(;1*1-&#',%(,(%&)'-(3&01$1-&()*(&1"&)%5;-1&'15%*2,9&9(&5+)1,+&#(&(-&)(&!5@.?+6(2*(&#1&
%"7(,%.,&',&7%&(-3&*.'*(&01$1,%-(3&0(&.,%#(&?,'03&'1&71"#6%'&?4"0%,%%8 %0(%3&0(/%"(&#271"%#'*2,/&#+1*4"0&'10%*.,%&#+,.,'&)+&-(&*,'")5%*+&#1".2*%"6(-(&'7-'*(&;,%"&=10(#'*'&)'&
G'&!"#(;1*1-&#,('6%(%&'&7.)*&%0(('8&H1&%0(('&):'&7+#1*&*.*&#(&):'&7+#1*8&C%"&;',*%#1-':%0((&):'1&#,('*& ;,.;,%(&)'1&'10%'*(&0(&-'&#(%&)1;(,%.,%8&I"'-%F4"0&5(,(13&01$1-&'=1"?(&;,%"&(-&!")12%&)+&'7-(&*'%"(-(&
01$1,%-(8 & R'*+ & !"6(-()1- & S/'"?$(-%(% & -1% & R.'"A & BG' & !"#(;1* & ' & 7.)* & H1/4"*1- & 2% & C15"(F(1 & (,'& #(,(2*%3&5.01-&#153&0%"&/(2"%#%(3&P'*+-&'&#,('*&/%F%@%-1-&2%&%"/%F%@%-1-8&9,.#()1-&%"*%5&'-&(-'@.,+,%%&
H1/4"*1-888&2%&*.'*(&):'1&7+#1*&;,%"&H1/4"*E8 =10(#+6%%&;,./%"(&0%"&%"*(,;,(*',('&%0(%-.,&'01"'*(&0%"&);'6%1&0(&01$8&C%"&%"*(,;,(*',(&!"&%"*(,;,(*',(&
H1/4"*1-3&%0(('3&)*+&-'&.,%?%"('&*.*1-1%3&7%%"0&/%'6'&2%&*(5(-%'&'&*.*&#(&(L%)*+8&C%"&;',*%#1-':%0((&): /%"(&;,.?,()1-&2%3&*,(;*'*3&01$1-&'7-+&I0(/+,1-&0%/%"8
'1&#,('*&01$1,%-(3&7-1%0(-(3&).,%%&2%&;-'"(*(-(8&R0(('&()*(&.&7%%"6+&2%&!"&'#(-'2%&*%5;&.&5'*(,%(&/%(Q&('&)(& C1$1,%-(&*,+%()#&!"&.#('"1-&0(&;',*%#1-(&0(&/%'6+&)'1&%0(%3&'&#+,1%&#1,("6%&'-(',?+&!"&*.'*(&;+,6%-(3&
5%2#+3&)(&0%-'*+&2%&#."*,'#*+3&0(#%&*,+%(2*(8&T"%/(,)1,%-(&):'1&#,('*&#1&/%'6+&2%&*,+%()#&;("*,1&#+&'1&/%'6+&
!"&(-(8&9()*(&*.*3&!"&.,%#(&#.-6&'-&R"7%"%*1-1%3&)(&'7-+&;',*%#1-(:/%'6+3&;',*%#1-(&?4"0%*.',(8&P.*1-&?4"0(2*(3& 7%%"0&)%56%*(&0(&01$1,%8&H1&*.'*(&'#()*('&01$1,%-(&"1&)1"*&#1&"%5%#&!5;%(0%#'*(&!"&5%2#+,%-(&-.,8&C1;+&
;("*,1&#+&*.*1-&):'&#,('*&0%"&'#()*(&;',*%#1-(&?4"0%*.',(8 #15&#1,("6%%&0(&'(,&"1&!5;%(0%#+&;(&.5&!"&5%2#+,%-(&)'-(3&*.*&')*7(-&'#(2*%&#1,("6%&0(&%0(% &0%/%"(3&
9%'*,'&?4"0(2*(3&;-'"*'&?4"0(2*(3&'"%5'-1-&?4"0(2*(&2%&'2'&5'%&0(;',*(8&N4"0%,('&(&;,(*1*%"0("%&2%& '#()*(&7-1%0(e&)'1&7.,6(&(-(#*,.:5'?"(*%#(&"1&)*4"=("()#&#1&"%5%#&/%'6'&)'1&'#*%/%*'*('&01$1,%-.,&15'"(&
5%2#',(' & ( & /(2"%#+8 & K( & 5%2#+3 & ;'-;%*+3 & ;',*%#1-' & 0( & /%'6+Q & )( & 5%2#+ & 01$1-3 & (-(#*,."1-3 & '*.51-3& 0%"&);'6%18&!"&'#()*&.#('"&7-1%0%#&0(&/%'6+3&1"(-(&7-1%0(&)1"*&"15'%&/%F%@%-(&: &)%7A281,%8(&%5(%82,/ &
5.-(#1-'3&#(-1-'3&6()1*1-3&.,?'"1-3&*,1;1-3&;-'"(*'3&).',(-(3&1"%/(,)1-3&*.*&#.)5.)1-8 '-*(-(&)1"*&"15'%&'10%@%-(&:&"2*(8(&71M%#'8(&'8(&71M%#%%&5%0%"(9
J.%&*,+%5&!"*,:1"&.#('"&0(&/%'6+8&C%/%"%*'*('&#("*,'-+&"(:'&#,('*&!"&'2'&7(-&!"#4*&*,(@1%(&)+&"(& P'*+-&-1#,('F+&#4"*4"03&%',&51F%#'&K'&0%/%"+&15;-(&1"%/(,)1,%-(8&H.;%%%&K+%3&)#+-04"01:)(&!"&
5%2#+5&2%&8)+&"(&$,+"%5&#1&/%'6+3&#'&)+&7%5&5(,(1&/%%8&C%/%"%*'*('&'&#,('*&01$1,%-(&-%@(,(&2%&!"*,1;'*(3& 1"0(-(&51F%#%%&K'-(3&)(&)%5*&7(,%#%6%8&T"(.,%&'#(')*+&51F%#+&0%/%"+&;',(&'&7%&.&/.#(&!"?(,(')#+3&
#1&"(#()%*'*('&0(&'&)(&$,+"%&#1&;',*%#1-(:/%'6+3&7%%"6(&?4"0%*.',(8&a&7.'5(&0(&/%'6+&"(&)*+;4"(2*(&!"*,: '-*(.,%&:&.&%")*,15("*'6%(&"('1F%*+&/,(.0'*+&0(&1,(#$('&.5("(')#+3&7%%"0&;,.01)+&0(&#(*(-(&!"?(,(2*%8
1"'3&%',&01$1-&#'1*+&)+:2%&')*45;(,(&7.'5('8&C(&'#(('&01$1-&;'-;%*+3&)(&0%-'*+3&'@).,@%"0&;',*%#1-(: U1F%#'&*(,()*,+3&/.#'-+&)'1&%")*,15("*'-+3&"1&)(&;.'*(&#.5;','&#1&51F%#'&#(&,+)1"+&;,%"&);'6%%-(&
%0(% & )'1 & ;',*%#1-(:/%'6+8 &C1$1- &*,(@1%( &)+:2% &)'*%)7'#+ & '#(')*+ &"(#()%*'*(3 &01;+ & #15 &.51-& *,1;()#& %"*(,)%0(,'-(8
*,(@1%(&)+&,();%,(3&#+#%&'-*7(-&5.',(8&C1$1-&"1&;.'*(&51,%3&7%%"0&)%-%*&)+&)(&5%2*(3&)+&'@).',@(&/%'6+3&#1&
)'1&7+,+&/.%'&)'8
C1;+&#(&):'&)+*1,'*3&01$1-&(&"(/.%*&)+&(-%5%"(&/%'6'&#(&!"*,(6%"(&;(,%);%,%*1-&)+13&5%2#',('&2%&#1?(*',('&
)'8&H4"0&(,'&?.-&:&0(#%&%"'#*%/3&01$1-&)%56('&7.'5(8&I#153&#+&(&)+*1-&0(&%0(%3&)%5*(&"(/.%'&%5;(,%.')+& a51-&(&1"&5%#&1"%/(,)
0(&'&)(&0()#+,#'&0(&(-(8&I#()*&7(".5("&)(&0(,1-('F+&#."*%"118&C1$1-&'&(L'5%"'*&%0(%-(&;+*,1")(&!"&(-&
2%&):',&;+,('&#+&0(&'#15&;.'*(&)+&)*('&2%&)+&)(&.0%$"(')#+3&0',&5(0%1-&!"#."=1,+*.,3&#',(&/%@,('F+&!"& xJ1&/+&;1*(6%&7'#(&%0((&#4*&0(&"(2*%1*.,%&)1"*(6%M&H(-(&5'%&)%5;-(&-1#,1,%&0(&-4"?+&/.%&)1"*&0(&.&
/(2"%#%(3&"1:%&0+&;'#(&)+&)*('&%"'#*%/&2%&!-&)%-(2*(&)+&)(&5%2*(&2%&)+&)(&?.-(')#+&0(&#."6%"1*1-&%0(%-.,&0%"& #.5;-(L%*'*(& 0(& "(!"#$%;1%*8&I5& )+&/+&%'1&0,(;*&(L(5;-1& #$%',&;(&/.%8& G'& (L*(,%.,& ',+*'6%& #'& .&
)4"1-&)+18&H4"0&!%&(,'&7.'5(&"1&'/('&')*45;+,Q&'#153&#4"0&(&)+*1-3&"1&(&-+)'*&!"&;'#(8&J(5%2#',('&(&
5.',*(3&0',&5.',*(&"1&(L%)*+&"%#+%(,%&!"&1"%/(,)3&#%&"15'%&5%2#',(&2%&/%'6+3&!"&1"%/(,)&#%,#1-+&0.1+& 1"%*'*(3&0',&)1@&'#.;(,+54"*1-&?("(,'-&'-&;%(-%%&*,+%()#&"15(,.')(&-15%3&.&;1F0(,%(&0(&/%(*+6%8
7(-1,% & 0( & /%(6%A & <8 &0%'.' & 1"%0(,)'8+ &)'1 &5%0%"+ & a &?("(,'-+Q & V8 &0%'.' & 51$1'8+ &)'1 &)4%,%*1'8+ & a & >*%6%&#+&*,1;1-&/.)*,1&()*(&7.,5'*&0%"&#(-1-(3&'-#+*1%*(&0%"*,:1"&#.5;-(L&0(&)1@)*'"6(&#$%5%#(3&
;',*%#1-',+8 7.,5'*(&-'&,4"01-&-.,&0%"&5.-(#1-(&2%&'*.5%8&!"&1-*%51-&*%5;3&'6%&5'%&'7-'*&#+&'*.51-&()*(&7.,5'*&0%"&
J(;1*4"0&!"6(-(?(&*.*0('1"'&;(&P'*+-3&01$1-&!%&0(7.,5('F+&%0(%-(&2%&0(#%3&%"#."2*%("*3&01#(&.& ;',*%#1-(&#1&;1*(,(&(-(#*,%#+3&"15%*(&(-(#*,."%8&I*4*'&2*%6%3&;("*,1&#+&;4"+&'%#%&'6%&;1*1*&'=1"?(3&0',&0(&
'#6%1"( & #."*,' & 6(-1,%-., &P'*+-1%8 & !")+ & 0( & #4*( & .,% & )( & /'& .;1"(3 & #."2*%("* & )'1 & %"/.-1"*',3 & /' & 1,5'& '%#%&(&7.',*(&51-*&;4"+&-'&7'*(,%'&4,%7+&0%"&#',(&H,('*.,1-&'&#.5;1)&!")12%&(-(#*,."1-8
01,(,('8 & K1;1"(,(' & -' & .,0%"(-( & #1;,%")( & !" & %0(%-( &P'*+-1% & '01#( & 7(,%#%,('3 & 0', & 0( & #4*( & .,% & 01$1-& U'*(,%'&;,%5+&()*(&7.,5'*+&0%"&;',*%#1-(&1-*,'5%#,.)#.;%#(3&?4"0%*.',(3&)%56%*.',(&2%&!"&/(2"%#+&
"(!"6(-(?+*.,&)(&/'&.;1"(&)'1&/'&;(,/(,*%&'#()*(&%0(%3&/'&)17(,%8 5%2#',(3&"15%*(3&;("*,1&!"6(-(?(,(3&#1&*(,5("1-&0(&0%'.+9&I#(')*'&!"&#(('&#(&;,%/(2*(&R5;1%&/.)*,18
S%&@%"(3&0%"&'#(('2%&5'*(,%(&0(&;',*%#1-(&/%%&)1"*&7.,5'*(&2%&#.,;1,%-(&7-1%0%#(&0%"&=1,1-&)#4"*(%%8&
2#))))#))))) S-( & )1"* & ').#%(,% & 0( & ;',*%#1-( & /%%3 & 0%" & #( & !" & #( & 5'% & )*,4")( & 2% & 5'% & #."0(")'*( & #+*,( & (L*(,%.,1-&
;(,%);%,%*1-1%8
H4"0&01$1-&'&7.)*&(5%)&0%"&)4"1-&P'*+-1%&)+13&(,'&.&0%/%"%*'*(8&!"&'#(')*+&)*',(3&(-&(,'&0.*'*&#1& I2'0',&7%%"6':.53&'*4*&0(&)%5;-+&-'&(L*(,%.,3&()*(&1"&1"%/(,)&!"&5%"%'*1,+3&#1;,%"F4"0&5%-%',0(&0(&
%"*(-%?("6+&2%&,'6%1"(&;1,+3&0(#%&(,'&7+,+&?,(2('-+8&C',&I1L%-%',(-(&0%"&;,('=5'&P'*+-1%3&!"&/%,*1*('& 5%-%',0(&0(&/%(*+6%&1-*,'5%#,.)#.;%#(3&0(&;',*%#1-(&/%%8
5'"0'*1-1%&'#.,0'*3&%:'1&!"*1"(#'*&%"*(-%?("6'&2%&5'%&'-()&,'6%1"('&'@).-1*+8 H.")*'*+5&#+&5'*(,%'&;,%5+&()*(&.&'?-.5(,',(&;,%5+&0(&;',*%#1-(&/%%8&I#()*('3&-'&,4"01-&-.,3&'1&
J(2*%1*.,3&01$1-&'&7.)*&*,%5%)&!"&-15(3&"15'%&#1&.&7+,45+&0(&%"*(-%?("6+&2%&#1&%")*%"#*1-&#+1*+,%%& 7.,5'*&'?-.5(,+,%&0(&1"&'-&0.%-('&.,0%"3&2%&'2'&:&0%"&'?-.5(,+,%&!"&'?-.5(,+,%&:&):'&'=1")&;4"+&-'&
I0(/+,1-1%8&['&*,+%&5%-%',0(&0(&'"%3&#.")*%*1%"0&*.'*+&?'5'&0(&'2':F%)(&5'*(,%%&7-1%0%#(&2%&01$1,%8&!"& (-(#*,."3&'*.53&5.-(#1-+3&#(-1-+3&*,1;8&P.'*(&)1"*&!"*,:.&%"*(,0(;("0("6+&0(&"(!"/%")3&7.,54"0&1"&*.*3&
*.*&'#()*&0(#1,)&0(&/,(5(&:&.&/(2"%#%(&;("*,1&/.%3&.'5("%&*,1;(2*%&:&01$1-&!2%&0(F/.-*+&%"*(-%?("6'3& !"&/%,*1*('&-(?%%&').#%(,%%8
#1".2*%"6(-(&2%&;1*(,('&,'6%."'5("*1-1%3&#1&'=1*.,1-&%0(%-.,&;(&#',(&-(:'&*.*&-(?'*&!"&7(-&2%&#$%;8 I)*7(-3&;-'"(*(-(&)(&1"()#&2%&7.,5('F+&)%)*(5(&;-'"(*',(3&)*(-(-(&)(&1"()#&2%&7.,5('F+&)%)*(5(&
S5@,%."1-&0(&01$&/'&'=1"?(&1"&F(13&.&5',(&7.,6+&);%,%*1'-+&'&);'6%%-.,8&:&R"*(-%?("6'&',(&.&)(,%(& )%0(,'-(3&)%)*(5(-(&).-',(&7.,5('F+&1"%/(,)1-3&%',&1"%/(,)1,%-(&7.,5('F+&)7(,'&#,('*+&)'1&#.)5.)1-8
"()74,2%*+&0(&?,'0(8&R"*(-%?("*&(&01$1-&5%"(,'-3&0',&#4*&0(&!"*1"(#'*+&(&%"*(-%?("6'&)'&7'6+&0(&#('&'& I#(')*+&)7(,+&:&#(&#1;,%"0(&*.*&#(&'&#,('*&P'*+-&;4"+&'F%&:&)(&','*+&-'&(L*(,%.,&#'&7%%"0&.&1"%*'*(&
01$1-1%&/(?(*'-&)'1&'"%5'-8&U(,?4"0&5'%&)1)3&'=1"?(5&-'&,'6%1"(3&#',(&!"#(;(&'@%'&-'&.53&)74,2%"0&#1& #."01)+&0(&.&)%"?1,+&o.,6+3&!"&/%,*1*('&1"(%&)%"?1,(&G(?%8&o.,6'&()*(&5%2#',('3&%',&'1*.,1-&5%2#+,%%&
,'6%1"('&'@).-1*&;(,7(#*+&'&H,('*.,1-1%&#("*,'-8 ()*(&H,('*.,1-&;,%58
P.'*(&7%%"6(-(&2%&-1#,1,%-(&#(&"(&!"#."=.',+&/.,@()#&0();,(&?-.,%'&2%&!"6(-(;#%1"('&P'*+-1%&#(,()#8
V\X >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&:&F&521'&#',*(
?271"%#+,%&5%"&?(, V\Y
U'*(,%'&;,%5+&0%"&#',(&P'*+-&'&7+#1*&*.*1-3&0(&-'&!"#(;1*1-&!"#(;1*1-1%3&(L%)*+&2%&'F%&!"&-15(3& H1&#4*&01$1-&()*(&5'%&(/.-1'*3&;.'*(&;(,#(;(&#(-(&5'%&5%#%&;',*%#1-(&'-(&(*(,1-1%&2%&5%2#+,%-(&
'7-4"01:)(&2%&!"&=1,1-&9+54"*1-1%&".)*,18&S'&)(&'7-+&!"*,:.&/(2"%#+&').#%(,(&2%&;,(7'#(,(3&#.")*%*1%"0&.& )'-(8&o%(#',(&;',*%#1-+:%0((&!2%&0(F/+-1%(&0()*%"'6%'3&,(/(-4"0&?4"0%,('&H,('*.,1-1%8&C1$1,%-(&%"7(,%.',(&
5'*(,%(&/%(&(L*,(5&0(&"()*'@%-+8&o%L%*'*('3&,+54"(,('&!"&'#(('2%&)*',(3&',&(#$%/'-'&#1&5.',*('3&.,& "1&)%5*&"%#%&.&'*,'#6%(&;("*,1&;,.@-(5(-(&'@)*,'#*(3&)1@*%-(3&!"'-*(&2%&7+,+&"%#%&1"&7.-.)&;,'#*%#&;("*,1&
5.',*(&"1&(L%)*+&"%#+%(,%&!"&#.)5.)3&!"&R"7%"%*8 (-(8&J15'%&01$1,%-(&)1;(,%.',(&)1"*&0.,"%#(&)+&0()#%7,(F(&$%(,.?-%7(-(&H,('*.,1-1%3&'/%0(&)+&'7-(&
U'*(,%'&;,%5+&)(&;,(F%"*+&;(&.&)#',+&%"7%"%*&0(&/',%'*+3&7%(#',(&/',%(*'*(&'/4"0&.&'"15%*+&/%@,'6%(3& *'%"(-(&1"%/(,)1-1%8&H1&'-*(&#1/%"*(3&7%(#',(&*,(';*+&0(&01$1,%&;.'*(&#%*%&!"&#',*('&"'*1,%%&0.',&'*4*&#4*&
#.")%)*("6+&2%&#1-.',(8&R"&-15('&01$1,%-.,&'"?(-%#(&7%(#',(&/',%(*'*(&'&5'*(,%(%&;,%5(&',(&.&'"15%*+& !%&;(,5%*&#1".2*%"6(-(&'#151-'*(8&R'*+&0(&#(&*'%"(-(&P'*+-1%&#(,()#&"1&;.*&7%&'7-'*(&0(#4*&0(&01$1,%-(&
0("15%,(8&C1;+&#15&.51-&*,1;()#3&'/4"0&!"&7'6'&)'&.&;1F0(,%(&0(&7(-1,%&0(&;-'"*(3&'&#+1*'*&)+&-(& ',$%:@+*,4"(8&I0(/+,1-&()*(&'#.;(,%*&#1&F(#%&0(&5%%&0(&/+-1,%&2%&"15'%&;,%"&;,%#(;(,('&2%&(L;(,%("6'&
?,1;(F(&01;+&#','#*(,(-(&-.,&#.51"(&:&#.")*%*1%"0&')*7(-&);(#%'3&?("1-3&#-')'3&.,0%"1-3&0%/%F%1"('&(*#3& #42*%?'*+&!"&5%-%',0(&0(&'"%3&'=1"?%&)+&,%0%#%&/+-&01;+&/+-3&;4"+&/(%&/(0('&2%&!"6(-(?(&I0(/+,1-&!"&*.'*+&
'0%#+&'&7+#1*&.&#-')%7%#',(&;("*,1&'&;1*('&5'%&12.,&0(*(,5%"'&.&;-'"*+&".1&0()#.;(,%*+&:&01$1,%-(& )*,+-1#%,('&)'8
'"?(-%#(3 & 0( & -' & ".% & 2% & 0( & ;,(*1*%"0("%3 & '1 & ;,.#(0'* & -' & 7(-3 & #-')%7%#4"0 & )1@)*'"6(-( & (*(,%#( & 01;+& C%"&#(-(&(L;1)(3&)(&/(0(&#+&!"&'7','&%0(%-.,&;-(#'*(&0(&-'&H("*,13&2%&,+);4"0%*(&!"&%"7%"%*'*('&
#','#*(,%)*%#%-(&-.,&2%&01;+&.;(,'6%%-(&#(&)(&;.*&(7(#*1'&#1&(-(8 );'6%%-.,&)%0(,'-(3&5'%&(L%)*+&2%&%0(%-(&;,.;,%%&01$1,%-.,8&9,%"&1,5',(&);'6%%-(&#1;,%"0A&<8&=5(%8(&5%0%"(]&
P.*1-&'&;-(#'*&0(&-'&)%5;-1&2%&):'&'=1")&-'&#.5;-(L%*+6%&%"7%"%*(8&C(&'%#%&*,'?(5&#."#-1F%'&#+& V8&%5(%8(&51$1,%82,/&0("15%*(&#1-(*/&;("*,1&'&-(&0(.)(@%&0(&%0(%-(&0%/%"(8
C%/%"%*'*('&5'%&!"*4%&'&'*,')&-'&K%"(&;',*%#1-(-(&/%%&0%"&R"7%"%*3&#,(4"0&#1&(-(&5'*(,%'&;,%5+&2%&';.%&0%"& K;%,%*1-3&')(5+"+*.,&P'*+-1%&#(,()#3&7'#(&.&(5%)%(&"+)#1*+&0%"&)4"1-&)+13&.&#,('6%(&;,.;,%(3&0',&*.*&
'#(')*+&5'*(,%(&'&#,('*3&*,(;*'*3&)(,%'&-1"?+&0(&7-1%0(3&;("*,1&#'&!"&#(-(&0%"&1,5+&)+&'=1"?+&-' #1&5'*(,%'&0%"&1"%/(,)8&I#(')*+&(5%)%(&0(&#1?(*&/'&#%,#1-'&;,%"&);'6%13&#1&'*4*&5'%&0(;',*(3&#1&#4*&
7.,5'&0(&;-'"(*+8 01$1-&(&5'%&(/.-1'*8&H1?(*1-&()*(&%0(('&0%/%"+&;,(-1#,'*+&0(&'"'-%F'*.,1-&(%3&0(&01$1-&#',(&"1&.&;.'*(&
C%/%"%*'*('&'&#,('*&!"*4%&5(0%1-&0(&#1-*1,+3&';.%&'&#,('*&01$1,%-(&2%&!"&#(-(&0%"&1,5+&:&7%%"6(-(& ,(6%"(&51-*&*%5;3&;("*,1&#+&*,(@1%(&)+&.&,(;1"+&!"&#%,#1-'6%(8&C(&'#15&!"'%"*(&%0(%-(&)(&;,(7'#&!"&
#1?(*+,%&'-(&01$1,%-.,&%"7%"%*(&#(&15;-1&);'6%%-(&1"%/(,)1-1%8&C%"&*,(';*+&!"&*,(';*+3&#1?(*',('&#.@.',+&
7%F%#( & #',( & )+ & )( & 0(F/.-*( & !" & '#()* &5(0%1 & 0( &#1-*1,+8 & !"*4%& ):' & #,('* & #')' &2% &';.%3 & *,(;*'*3 &01$1-& 2%&!"/+6+*1,'&()*(&,(01)+8
)1;(,%.,3&-.#1%*.,1-&'#(-1%&-.#'28 G15(' & 01$1,%-., & )( & ')('5+"+ & #1 & -15(' & *,1;(')#+8 &I#(('2% & $4,*%(3 & '#(-('2% & -%*(,( & 2% & #1/%"*(&
H4"0&-.#1%*.,%%&'#()*1%&/')*&-.#'2&0%/%"&'1&'=1")&)+&!"6(-('?+3&P'*+-&#("*,'-&-(:'&/.,@%*3&!"0,154"01:%& #1;,%"0&.&#',*(3&0',&.&#',*(&0(&*,%?.".5(*,%(&.7(,+&#1".2*%"6(&)1;(,%.',(3&;(&#4"0&.&#',*(&0(&#%*%,(&"(&
-'&'#*%/%*'*(8&S-&'&*,%5%)&%0(%&;,%"&.#('"1-&7-1%0%#&1"0(&!".'*+&5%-%',0(-(&0(&#.,;1,%&#(,(2*%3&#')(& .7(,+&#1".2*%"6(&)%5;-(8&P.*1-&)(&,(01#(&-'&;1*(,('&!"6(-(?(,%%3&-'&*+-5+#%,('&5("*'-+&'&'@)*,'#6%%-.,&
-.#1%*(&0(&01$1,%&0(&*.'*(&*,(;*(-(& (/.-1*%/(8&9,%5(-(&.,0%"(&)'1&%0(%&*,%5%)(& '1&7.)*&)%5;-(8&9(& #1;,%")(&!"*,:.&#',*(8&H1,("*1-&0(&%0(%&#1,?(&5(,(1&;,%"&.#('"1-&7-1%0%#&'-&1"%/(,)1-1%&2%&7%(#',(&01$&
5+)1,'&(/.-16%(%&01$1,%-.,3&.,0%"(-(&(,'1&;(&.&*,(';*+&5'%&!"'-*+3&5'%&2*%%"6%7%#+&2%&'@)*,'#*+8&IF%3& .;,(2*(&2%&#%*(2*(&#(('&#(&;.'*(&#%*%3&;("*,1&'&'7-'&2%&(-&#(/'&0%"&;-'"1,%-(&H,('*.,1-1%8
%0(%-(&*,%5%)(&0(&P'*+-&'1&'=1")&'*4*&0(&)1@*%-(3&!"#4*&"1&5'%&;.*&7%&!"6(-()(&0(#4*&0(&5',%%&K+%&o%%3& 9',*%#1-(-( & /%%3 & %0(%-( & 0%/%"(3 & . & 0'*+ & '@).,@%*( & )'1 & %"?(,'*( & 0( & 1" & 01$3 & ;,.01#& !" & (- & 0.,%"6'&
K*+;4"%&0(&)*(-(&)'1&0(&#.$.,*(-(&0(&!"?(,%&).-',%&2%&;-'"(*',%8 ;1*(,"%#+&0(&'&7'#(&2%&(-&#(('&#(&','*+&%0(('&,();(#*%/+8&9(&-4"?+&,.-1-&0(&%")*,1#*.,%3&%0(%-(&,(;,(F%"*+&
R0(%-(&;,%5(&'-(&P'*+-1%&#("*,'-&)1"*&.;,%*(3&%"?(,'*(&2%&#%*%*(&0(&e5',%-(&C1$1,%&?1/(,"'*.',(3&%',& %5@.-01,%&-'&'#*%/%*+6%&0(&-'&#',(&01$1-&"1&)(&;.'*(&)1)*,'?(8&R'*+&!"6(-()1-&5%)*(,1-1%&0.,%"6(%&01$1-1%&
';.%&)1"*&(-%@(,'*(8&C1;+&(-%5%"',(3&%0(%-(&"1&5'%&)1"*&#15&'1&%"*,'*8&!"*,:'0(/+,3&01;+&#(&%0((':7.,5+3& 0(&'&7%&5(,(1&'#*%/3&0(&'&)(&%")*,1%3&0(&'&)#.*.#%&)+&'7-(&5(,(1&'0(/+,1-3&!"&*.'*(&0%,(#6%%-(3&0(&'&)*10%'&
)'1&)%5@.-1-3&'&)*'*&!"&7'6'&);%,%*1-1%&#',(&%:'&!"6(-()&#1;,%")1-3&()*(&(-%5%"'*+&0(&);%,%*3&0',&0(&0'*'& !"*,1&/(2"%#%(8
'#(')*'&%0(('&',(&1"&');(#*&0%7(,%*&0(&#(-&%"%6%'-&2%&1"&#."6%"1*&%"7(,%.,8&H1&'-*(&#1/%"*(3&%0(('&"1&5'%& P'*+-&',(&!"&1"%/(,)&.&?'5+&%"7%"%*+&0(&C1$1,%&0%/%"(3&N1/(,"'*.,%%&#(-.,&0.1+);,(F(#(&#'*(?.,%%&0(&
()*(&'2'&#15&'&*,%5%):.&!"&-15(&P'*+-&#("*,'-8 ).,% & 0%"*,( & 5%-%',0(-( & 0( & )%)*(5( & ).-',( & 2% & 0.1+);,(F(#( & #'*(?.,%% & 0( & N1/(,"'*.,% & '-( & ;-'"(*(-.,&
K+&F%#(5&#+&%0(('&%()(&0%"*,:1"&01$&)1@&7.,5' &FU9 &I#(')*+&%0((&/'&7%&'@).,@%*+3&!"?$%6%*+&0(& 0(;("0("*(&0(&#(-(&0.1+);,(F(#(&#'*(?.,%%&0(&).,%8&C(&-'&'#(2*%&N1/(,"'*.,%3&P'*+-&;,%5(2*(&5("*'-&
;(,%);%,%*1-&'-*1%&01$3&0(&;(&.&*,(';*+&%5(0%'*&%"7(,%.',+3&#',(&2%&(-&.&/'&#%*%3&.&/'&!"6(-(?(3&!%&/'& ,';.,*1-&*,(;*(%&(/.-1*%/(&'*%")+&0(&).',(-(&)'1&;-'"(*'&-.,8&!"&'7',+&0(&'#()*(&5%)%/(&5("*'-(3&P'*+-&
5(5.,'&!"6(-()1-3&2%&01;+&#(&;,%"&2(0(,('&!"&#.,;1-&)+1&/'&)17(,%&!"#+&.&'-*(,',(3&#.@.,4"0:.&#1&.& ()*(&!"2*%%"6'*&2%&0(&#1,("6%%&7-1%0%#%&!"*.,2%3&#1&%0(%-(&%5;(,7((*'*(3&0%"&0%7(,%*(-(&;1"#*(&'-(&1"%/(,)1-1%8&
*,(';*+&5'%&=.)3&.&(-%5%"+&)1@&7.,5'&FV9&R0(('&*,(#4"0&')*7(-3&0%"&01$&!"&01$3&;(&*,(;*(&0%"&#(&!"&#(& P'*+-&#("*,'-&#%*(2*(&?,'01-&%5;(,7(#6%1"%%&1"1%&#1,("*&/("%*&0(&-'&.&'"15%*+&;-'"(*+&2%&2*%(&-'&#(&
5'%&0(&=.)3&/'&'=1"?(&FW/&FX/&FY/&;4"+&-'&01$1-&5%"(,'-3&'7-'*&;(&*,(';*'&(/.-1*%/+&#('&5'%&0(&=.)8 *,(';*+&(/.-1*%/+&)(&'7-+&-15('&01$1,%-.,&0(&;(&('8&P'*+-&()*(&!"2*%%"6'*&!"&5.0&0%,(#*&2%&%"0%,(#*&0(&
C(&!"0'*+&#(&'&'*%")&#('&5'%&0(&=.)&*,(';*+&'&#,('6%(%3&%0(('&/'&!"#(;(&!"*.',#(,('&-'&I1*.,1-&#',(& 5(,)1-&(/.-16%(%&0(&;(&*.'*(&?-.@1,%-(&#(,(2*%8&R"&5.0&0%,(#*3&;,%"&5%)%/(-(&5("*'-(&'-(&H."01#+*.,%-.,&
'&(5%):.3&-'&H("*,1-&#,('*.,8&H1,("*1-&0(&%0(%&'&#1,)&-'&!"#(;1*&!"#(*3&;("*,1&#+&%0(%-(&'1&7.)*&.;,%*(&2%& )*(-(-.,&2%&;-'"(*(-.,Q&%',&%"0%,(#*3&;,%"&%0(%-(&,(/("%*(&-'&H("*,13&0%"&#%,#1%*1-&-.,&;,%"&1"%/(,)8
'"'-%F'*(&!"&0,151-&-.,8&G'&!"*.',#(,(3&(-(&7%%"0&(L*,(5&0(&'-*(,'*(3&0(&%5;(,7(#*(3&01$1,%-(&"1&-(:'1& R'*+&0.1+&)*+,%&)'1&)%*1'6%%&)*4"0&7'6+&!"&7'6+A &C(,;(#*18/ &-'&H("*,1&2% &%74(,;(#*18/ &-'&;(,%7(,%(8&
5'%&,(6%"1*3&"1&'1&5'%&#+1*'*&)+&-(&#%*(')#+3&2%3&#'&'*',(3&#1,?(,('&-.,&);,(&H("*,1&)(&7'#(&51-*&5'%& 9(,7(#*1-&;,./.'#+&-'&'#*%/%*'*(&/(2"%#+&;(&%5;(,7(#*3&%',&%5;(,7(#*1-&0(&-'&;(,%7(,%(&()*(&0.,%*.,&)+&)(&
,';%0&0(#4*&/("%,('&-.,&!"&-15(8 ';,.;%(&;,%"&#1".2*%"6(&0(&9(,7(#*1-&0(&-'&H("*,18
I#(')*+&5'*(,%(:%0((3&.&#',*(&*,%5%)+&0(&P'*+-&#(,()#3&'&)17(,%*&;,(7'#(,%&!"&#+,6%&0%"&#(&!"&#(&5'%& P'*+-&'&#,('*&*.*1-&0%"&R1@%,(8&S&?,(1&0(&#."#(;1*&R1@%,('&G1%&7'6+&0(&*.*&#(&'&#,('*3&;("*,1&#+&
)%5;-(3&5'%&12.',(3&5'%&')%5%-'@%-(3&;4"+&'&'=1")&1"&'@(#(0',&!"6(-()&0(&01$1-&15'"&!"#(;+*.,8 %1@%,('&.51-1%&)'1&'&01$1-1%&()*(&0(;',*(&0(&,('-%*'*('&)%56+54"*1-1%&R1@%,%%&0%/%"(8&P'*+-&0.,(2*(&)+&
C'#+&#1,("*1-&0(&%0(%&):',&7%&!"*.,)&-'&H("*,1&'2'&#15&'&;.,"%*3&'0%#+&;(,7(#*3&',&7%&!")(5"'*&#+& ,%0%#(&-'&!"6(-(?(,('3&#1".'2*(,('&2%&;1*(,('&K'&;(&*.6%&#.;%%%&K+%8&H4"0&.51-&/'&;1*('3&#4*&0(&#4*3&)+&
%0(%-(&":'1&7.)*&.;,%*(&2%&!"6(-()(3&#1&'-*(&#1/%"*(&":'1&)(,/%*&-'&2#.'-'&01$1,%-.,3&":'1&#."*,%@1%*&-'& '7-(&0%"&);-("0.,%-(& #,('6%%-.,&P'*+-1%3&!-&/'&%1@%3&0%"& '04"#1-& )17-(*1-1%&2%&01;+&;1*(,%-(&)'-(3&;(&
,%0%#',('3&-'&;(,7(#*',('&-.,8 9+,%"*(-(&)+13&#',(&<:'&#$(5'*&-'&/%'6+&;(&#4"0&(,'&!"&$'.)3&!"&!"*1"(,%#&2%&7+,+&5%2#',(8
C1$1-&)%5*(&7(,%#%,(&#4"0&.;,(2*(&.&%0((&2%&.&%"*,.01#(&!"&#.,;1-&)+13&!"&;(,%);%,%*1-&)+18&a&%0((& H1&#4*3&.51-(3&*(&/(%&)%-%&)+:G&%1@(2*%3&!5;-%"%"01:R&[.%'3&;(&'*4*&/(%&'7-'&0%"&I0(/+,1,%-(&G1%&2%&
'-*(,'*+&%"?(,'*+&0(&1"&01$&)1;(,%.,&;,.01#(&.&*1-@1,',(&/%@,'*.,%(&!"&;(,%);%,%*1-&)+18&R'*+&0(&#(3& /(%&0.@4"0%&;1*(,%&0%"&91*(,%-(&G1%8
,(#1".)#4"0&/'-.',('&%0(%-.,3&01$1-&)1;(,%.,&"1&/'&%"?(,'&0(#4*&%0(%-(&;(&#',(&-(&#.")%0(,+&#+&!%&/.,&
7'#(&;-+#(,(3&#+1*4"0&#'&;,%"&(-(&)+&'7-(&#(/'&0(&-'&P'*+-&#(,()#8
I#()*(&%0(%&#.")*%*1%(&#('&5'%&(*(,%#+&5'*(,%(&0%"*,(&*.'*(&7(-1,%-(&0(&(*(,8&S-(&;+*,1"0&;,%"&*.'*(&
-1#,1,%-(&2%&7%%"6(-(3&;+*,1"0&0(:'&#1,5(F%21-&).',(-1%3&'-&;+54"*1-1%&(*#3&'1&.&7.,6+&/%@,'*.,%(&1,%'2+3& H(-(&5'%&@1"(&-(#6%%&)1"*&#42*%?'*(&;,%"&01,(,%
,(;,(F("*4"0&7.,6'&#('&5'%&5',(&0(&#',(&0%);1"(&H,('*.,1-8&G(:'5&"15%*&%5(% &;("*,1&#+&)(,/()#&-'&
?4"0%,('&2%&=10(#'*'&01$1,%-.,3&0',&5'%&'-()&;("*,1&7';*1-&#+&)1"*&0%(*+.%&-E"5%*2',(9&U'%&#.,(#*&',&7%& G15('&*,1;(')#+&()*(&.&'"(L+&'&-15%%&);'6%'-(3&;("*,1&#+&/%'6'&-%@(,+&#."01#(&/%'6'&!"#+*12'*+&27&
)+&-(&"15%5&)%7A281,%&)'1&%7'-%"%/&;,%"&7';*1-&#+&'1&0.@4"0%*&2&;2,7+/&*,(#4"0&;,%"&;,%5'&)(,%(&0(& 0(.',(#( & *.*1- & )( & !"-+"61%(3 & 1"' & 7%%"0 & -(?'*+ & 0( & #('-'-*+8 & o.,6(-( & );'6%'-( & !% & #."01# & ;( & .,@%%&
5',%&2%&)*,+-1#%*(&C1$1,%3&H,('*.,%&0%/%"%8&C1$1,%-(&-(&0("15()#&;2,.+/&("(,-%(/&2%&0(&#(-(&5'%&51-*(& ;+54"*1-1%3&G(?('&0%/%"+&)*'*.,"%#%"0&#'&-15('&*,1;(')#+&)+&"1&2*%(&0(&(L%)*("6'&-15%%&);'6%'-(&)'1&
.,%&#1&*(,5("1-&0(&7%3#',(60%'.+/&;("*,1&#+&)1"*&/%%&2%&)(&5%2#+8 #(,(2*%8&J15'%&!"&'"15%*(&-.#1,%&):'&;(,5%)&1"&,';.,*&.',(#',(&!"*,(&'#()*(&0.1+&-15%3&%")*%*1%"01:)(&
P.*1-&'&7.)*&7+#1*&0%"&'#()*(&;',*%#1-(&/%%3&!"&5%2#',(3&0(#%&*.*1-&)(&5%2#+8&!"&#,('6%(&(L%)*+&.&)(,%(& -'@.,'*.',( & );%,%*1'-( & 1"0( & )( & )*10%'F+ & 2% & #(,#(*('F+ & 2*%%"6' & );%,%*1-1%3 & "+)#1*+ & 0%" & #.51"%#+,%-(&
%"7%"%*+ & 0( & 5%2#+,%A & 0( & -' & 5%2#+,%-( & #.)5.)1-1%3 & '-( & 1"%/(,)1,%-.,3 & ).,%-., & 2% & ;-'"(*(-.,3 & ;4"+ & -'& .51-1%&;+54"*('"&#1&#(-&#(,()#8
5%2#',('&#('&5'%&,';%0+&'&;',*%#1-(%:/%'6+8&a51-&/(0(&2%&!"6(-(?(&5%2#+,%-(&5'%&5',%&2%&5'%&-("*(3&
!")+&01$1-&/(0(&5%2#',('&'?-.5(,'6%%-.,&0(&;',*%#1-(3&'0%#+&5%2#',('&7-1%0(-.,8
-
V\Z >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"&?(,
V\[
H('&5'%&)%5;-+&2(0%"6+&);%,%*%)*+3&;.,"%*+&0%"*,:.&=.'#+&)'1&0%)*,'#6%(3&"1&;.'*(&'/('&-.#&7+,+&.& %"/%F%@%-(3&'7-'*+&;,(*1*%"0("%8&R"7(,%.,%*'*('&-1%&"1&'05%*(&(L%)*("*'&1"(%&-15%&#',(&!-&/(0(&'10(&!%&
';,.@',(&)1;(,%.',+3&'0:$.#3&2%&7+,+&)+&7%(&;,(F%0'*+&0(&.& ("*%*'*(&)1;(,%.',+&')%)*("6%-.,3&#',(& )+& #%*(2*(&#1?(*1-&2%&)*+&#'&1"&5',*.,&"(/+F1*3&1,5+,%"01:%&7';*(-(8&S-&"1&'05%*(&#'&#%"(/'&)+:%&/'0+&
%"0%#(&);%,%*1-1%&#(&2%&#4*&)+&#.51"%#(8 ?4"01,%-(&')#1")(8&J('?+&(L%)*("6'&'-*(%&-15%&2%&#'1*+&)+&#."/%"?+&2%&;(&'-6%%&#+&.&')(5("('&-15(&
C'*.,%*+&0()*%"1-1%&-.,3&5'=.,%*'*('&!"*,1;'6%-.,&"1&*,(@1%(&)+&)*('&0(&/.,@+&#1&".%3&#(%&0%"&);'6%18& ';',6%"(&/%)1,%-.,&2%&7'"*(F%(%&"(@1"%-.,8&H15&)+&/%"+&1"&01$&2%&)+&*1-@1,(&0%"&?4"0%,('&2%&';1#+*1,%-(&
H.51"%#4"0&#1&01$1,%-(&#(,(2*%3&.51-&*,1;()#&!2%&/'&)#$%5@'&#."#(;6%%-(&2%&7.,5'&0(&/%'6+3&2%&0(#%& )'-(&;(&1"&')(5("('&.53&'@%'&;.,"%*&;(&1,#121-&*,(;*(-.,&(/.-16%(%&15'"(D
0()*%"1-&)+13&5.0%7%#4"01:2%&!"*,:.&')(5("('&5+)1,+&#."01%*'&!"#4*&/'&0(/("%&1"&.5&0(&"(,(#1".)#1*8& R'*+&0(&#(3&#."2*%("*(&0(&-(?%-(&#(,(2*%3&01$1,%-(&"1&#'1*+&)+Z-15%"(F(3&)+&0()-12(')#+&;(&.51-&
J'*1,'3&-(?%-(&#(,(2*%&"1&;(,5%*&)'-*1,%3&"1&;(,5%*&#1".'2*(,('&7+,+&.&'"15%*+&(/.-16%(8&H(-(&5'%&@1"(& !"#+&"(#.;*3&0();,(&(L%)*("6'&/%(6%%&0(&;,(*1*%"0("%8&J15'%&#4"0&#(-(&#.51"%#'*(&"1&;,.01#&F0,1"#%"+,%&
-(#6%%&)1"*&#42*%?'*(&;,%"&01,(,%&2%&)17(,%"6(&5.,'-(8&S-(&"1&)(&1%*+&"%#%.0'*+8&a&/.,@+&.',(#',(&)(& !"&5(,)1-&7%,()#&'-&0(F/.-*+,%%&);%,%*1-1%&!"*,1;'*3&/%"(&01$1-&#(,()#&#'&)+:%&!"*%"0+&.&54"+&0(&'=1*.,&
5(5.,('F+&2%&01,('F+&;("*,1&.&)%"?1,+&!"*,1;',(8&!"&(L%)*("6(-(&)'-(&/%%*.',(&01$1-&,(/%"(&-'&7'F'& ;("*,1 & -15%"',(' & #."2*%%"6(%& )'-(3 & 7+,+ & )+:< & !"0(5"( & );,( & . & '#6%1"( & '"15( & 2%& 7+,+ & )+:% & )1;,%5(&
'*%")+&!"&)(#.-(-(&*,(#1*(3&;,%"&;,.;,%%-(&)'-(&.@)(,/+,%&2%&;,'#*%#%8 -%@(,*'*('&'#6%1"%-.,8&G(?%-(&H(,1-1%&#(,&%1@%,(3&'#.,0',('&'=1*.,1-1%3&0',&"1&;(,5%*&#'&!"*,1;'*1-&)+&7%(&
@1;(,%".'&"1&()*(&!"*2*5('1"'&1,7',('&1"(%&-,(3(8%/&#%&,(4,(M%"*+&2&4E,-$%(&#1&'G1*2,18&#+,(%' & 01)&0(&54"+3&#'&1"&.,@3&;(&#+%-(&/%(6%%&)'-(8
)4%,%*18&;'#(&(L4(,%(".+&3%&*,'-(&5%"&('&2&#2"#81M%(&4(&#',(&"1&2&0'&1%*'&"%#%25'*+9 a51-&()*(&#$(5'*&)+&!"/(6(&)+&15@%(&;(&#+,',('&0,(';*+3&#'&2%&#.;%-1-&#',(&!"/'6+&)%"?1,&)+&
P,1;1-&.51-1%&()*(&1"&%")*,15("*&;,%"&#',(&01$1-&'7-+3&!"/'6+&2%&/(,%7%#+&/'-.',('&-(?%-.,&#(,(2*%8& 5(',?+&;(&;%#%.',(-(&)'-(8&C1$1-&!%&/'&0'&!"*,1;'*1-1%&)7'*1,%&?("(,'-(3&;./(6(&0(&/%'6+3Z0',&"1:%&/'&
G(?('&);1"(A&S1&820%/&"1&)#$%"-%1%&3%&"1&1#%5(b&P(.,(*%#&'%&!"/+6'*3&0',&#'&)+&#1".2*%&-'&;(,7(#6%(& );1"(&#."#,(*&#(&)+&7'#+3&0(.',(#(&2*%(&8#+&!2%&/'&;,%5%&;(0(';)'&#1/("%*+8&c(;(*A&#."01#(,('3&;')&#1&
'#(')*+&-(?(3&H(,1-&/'&-+)'&)+&7%%&-./%*3&#$%"1%*&2%&1#%)3&;("*,1&#'&*,(#4"0&2%&*1&;,%"&'#()*(&)17(,%"6(3&;,%"& ;')3&'&!"*,1;'*1-1%&',&7%&0(&7.-.)&"15'%&!"&'#(')*+&/%'6+3&#+#%&!"&,(!"*,1;',('&/%%*.',(3&7%%"0&'#(-'2%&
'#(')*+&;,'#*%#+&01,(,.')+3&)+&#1".2*%&%5;.,*'"6'&,('-+&'&'#()*1%&#.5'"0'5("*8 #4,5'#%&"(;,%#(;1*3&'#(-'2%&);%,%*3&2%&"(5'%'/4"0&;,.;*(-(-(&0%"&/%'6'&*,(#1*+3&.51-&,(/%"(&-'&;,.;,%%-(&
K+&'05%*(5&#+3&0%"&0.,%"6'&0(&'&#42*%?'&1"&'0(,("*&".1&-'&'#(')*+&0.#*,%"+&)1@-%5+3&1"&.5&%"/%*+& )'-(&;1*(,%8&J15'%&7.,6'&/.%"6(%&);%,%*1-1%&2%&-15%"'&#."2*%%"6(%&!-Z&/'&!"0(5"'&-'&'#6%1"%&#."7.,5(&
%")%)*("*&;(&1"&;,%(*("&)+&%'&;',*(&-'&.&2(0%"6+&0(&#.51"%#',(&#1&-15('&(*(,%#+8&C%"&;.-%*(6(3&'#()*'&"1& @1"1-1%:)%563&-(?%-.,&.5("(2*%&2%&#(,(2*%8&SL;(,%("6'&;,.;,%(&Z()*(&5'5'&!"6(-(;#%1"%%8
,(71F+&2%&')%)*+8&!"&5'=.,%*'*('&#'F1,%-.,3&%"/%*'*1-&/'&F45@%&!"&)%"('&-1%&2%&/'&;-(#'&-'&7(-&0(&)#(;*%#&2%& G15('&01$1,%-.,&"1&/,('&#'&#(%&#',(&2*%1&0(&*'%"(-(&#(,(2*%&)+&%')+&-'&,+);4"*%'&0,151,%-.,&2%&)+&
"(!"#,(F+*.,&#15&'&/("%*8&J1&):'&;,%")&0(&(-&"%5%#Q&*.*1-&):'&)#1*1,'*&0(&;(&(-&#'&2%&';'&0(&;(&?4)#+8& )*,%?(&!"&#(-(&;'*,1&;1"#*(&#',0%"'-(&0();,(&(L%)*("6'&);%,%*1-1%3&'&"("15+,'*(-.,&)'-(&!"*,1;+,%&2%&'&
H15&'&%(2%*&;(&12+3&'&2%&1%*'*&#(&):'&);1)&'#.-.8&C(&#(D&9("*,1&#+&"('=1"?4"0&-'&?,'01-&(/.-1*%/& (/.-16%(%&/(2"%#(8&C%"&*.'*(&/('#1,%-(3&H(,1-&'&#.51"%#'*&#1&'-(2%%&)+%&0(&;(&;+54"*&2%&'&#+1*'*&)+:%&
"(#()',&;("*,1&'&-1'&-(?+*1,'&#1&H(,1-3&0,(;*'21-&%:'&)1?(,'*&%0(('A&BJ1&(&'0(/+,'*&#+&1"&01$&/.,@(2*(& .,?'"%F(F(&!"&?,1;1,%&%0("*%#(&#1&5',%-(&#.51"%*+6%&#(,(2*%8&I)*7(-3&!"&/('#1,%-(&!"0(;+,*'*(3&'&-1'*&
;,%"&?1,'&5(0%151-1%8&J1&(&'0(/+,'*&#+&(&'0.,5%*8&K(&7'#(&#+&0.',5(3&/.,@(2*(&#$%',&(-Q&#(('&#(&'& "'2*(,(&#')*'&;,(.6%-.,&)'1&-'%#%-.,&%"%6%'6%8&H(,1-&"1&'&,1;*&"%#%.0'*+&-(?+*1,'&0%"*,(&.51-&*,1;()#&2%&
);1)&(&"('0(/+,'*E8&R&)(&)1?(,('F+&)+&)(&!"0(;+,*(F(&0(&-'&'#()*&-.#&0(&#."*'#*&#1&-15('&%"/%F%@%-+3& .51-&);'6%'-8&S'&'&(L%)*'*&!"*.*0('1"'3&0',&'&0%#*'*&'"15%*(&".,5(&0(&#."01#(,(A&)+&-1#,(F(&!"&)(#,(*&
0(.',(#(&!"#+&"1&(&;,(?+*%*&);%,%*1'-8 2%&#.51"%#+,%-(&#(,(2*%&)+&"1&7%(&!5;+,*+2%*(&#(-.,&"(#$(5'6%8&!"*.*0('1"'&*,(@1%(&)+&(L%)*(&1"&7%,&0(&
G15('&0%,%?1%*.',(&'&9+54"*1-1%&)(&.;1"(&#'&.51-&)+&'/'")(F(&"15'%&*(.,(*%#8&K#.;1-&/%(6%%&()*(& -(?+*1,+&!"*,(&*,(#1*&2%&;,(F("*3&;("*,1&'&;,(?+*%&#'-('&#(-.,&0%"&/%%*.,8
!"/+6',('3&2%&!"/+6',('&0()+/4,2%*+&)(&7'#(&;,%"&(L;(,%("6(&;,.;,%%8&K17(,%"6'&()*(&(L;(,%("6'&01$1-1%& H4"0&/.5&#.@.,!&2%&".%&!"&!"*1"(,%#1-&$'%"(%&0(&-1*3&/,(5&)+&?+)%5&-15%"'&#1&#',(&*(:'5&-15%"'*3&
7+#1*+&;,%"& %"*(,5(0%1-& *,1;1-1%3 &!" &/(0(,('&!"6(-(?(,%%&*+,%(%&-(?%-., &0%/%"(3&'& #.,%=+,%%&0(7(#*(-.,3 &'& 2%&-'&,'F(-(&(%&)+&!"7+;*1%5&.;(,'&;("*,1&#',(&"(:'5&#.@.,4*8&C.,%5&)+&"(&,%0%#+5&:&#'&.'5("%&
!5;-%"%,%%&-%;)1,%-.,&2%&0(F/.-*+,%%&!")12%,%-.,&)'1&7'#1-*+6%-.,&);%,%*1'-(8 *,1;(2*%&:&-'&"%/(-1-&#1".2*%"6(-.,&*'-(3&0%#*'*(&0(&".%8&[+&/.5&-1'&-.#1-3&0',&/.%&"(&/(6%&-15%"'&0(&)1)3&
J1&.,%#%"(&)(&;.'*(&;1"(&!"&-(?+*1,+&#1&-15('&%"/%F%@%-+8&C'#+&;,%"&@1"+/.%"6'&5(0%151-1%&.,%&'& #1&2*%%"6'&#(,(')#+3&2%&')*7(-&#.5.,%-(&H(,1-1%&/.,&*,(#(&0%"&.5&!"&.53&!"&*.'*(&/('#1,%-(8
?'F0(%&()*(&%"*,.01)+&.&;(,).'"+&"((/.-1'*+&!"*,:1"&#(,#&0(&,(/(-'6%(3&01$1,%-(&"1:%&/.,&);1"(&"%5%#& R"&*,(#1*&2%&#$%',&!"&;,(F("*3&,+);4"0%,('&1".,&*'%"(&#.")*%*1%(&.&;,.7'"',(3&'*,+?4"0&)%?1,&;(0(';)'8&
#',( & )+:% & )*4,"(')#+ & 1%5%,('3 & '05%,'6%' & 2% & )+:< & #42*%?( & ;("*,1 & #'1F' & -.,3 & #+#% & ;(,).'"' & !"#+ & "1& U',%-(&2%&#1*,(51,+*.',(-(&*'%"(&#(,(2*%&)1"*&!"#+&,(F(,/'*(&%"%6%'6%-.,8&U1-6%5%%&"1&%&)(&;.'*(&0'&0(#4*&
()*(e0(5"+3&%',&01$1,%-(&!2%&')15+&.&5',(&,+);1"0(,(&7'6+&0(&)1;(,%.,%%&-.,8 ,(-%?%'8 & c(-%?%' & ()*( & ;1@-%#+3 & (' & 7%%"0 & $,'"' & )17-(*(')#+ & ' & ;.;.,1-1%3 & ' & 51-6%5%%8 & !" & ;,.?,'51-&
!"&-15('&/.')*,+&1"&.5&)(&.7(,+&)+&7%(&"'21-&1"1%&;,1"#8&9,%"&'#()*&7';*&(-&):'&.@-%?'*3&!"&7'6'& ,(-%?%%-.,&;+54"*1-1%&"1&%"*,+&#1".'2*(,('&5',%-.,&("%?5(3&'#()*('&7+#4"0&;',*(&0%"&;,.%(#*(-(&0%/%"(3&
H(,1-1%3&)+&1,5+,(')#+&#,(2*(,('&'#()*1%&#.;%-&2%&)+&#'1*(&0%"&*.'*(&;1*(,%-(&)'-(&)+&7'#+&0%"&(-&1"&@1"& .,&;,.?,'51-&0%/%"&#(,(&#'&7+#-%'&I0(/+,1-1%&#(,()#&)+&*,('#+&0%"&54"+&!"&54"+3&;,%"&/('#1,%3&;,%"&
#,(2*%"8&C1;+&#(&'&*,(#1*&F%1'&@1#1,%(%&2%&'&;'$',1-1%&#1&/%"3&"'21-&'&1%*'*&0(&.@-%?'6%(&2%&"1&)(&5'%& 0%7(,%*(&;.;.',(8
.#1;+&0(&7%"1-&)+18&c.-1-&)+1&(,'&)+&#."*,%@1%(&-'&(01#',('&'#()*1%&#.;%-3&)+&7'#+&0%"&(-&1"&.5&5.,'-3& H(,1-&,(#.5'"0+A&K,-'"%M'.%60+/&3%&4(&7+)1,'&5,'-2)*(%&3%&'&);%".("%(%&02')*,(/&5'.%&5%"&#272,%8( &
#.,(#*&2%&*(5+*.,&0(&-(?%-(&#(,(2*%8 "2')*,(&#(82,&#$(7'.%b
!"&-15('&#(,(')#+&"1&)(&;,.#(0('F+&')*7(-8&a&0'*+&#(&01$1-&):'&'"?'='*&)+:2%&,%0%#(&';,.';(-(3&)(& 9("*,1&#+&/.%&"1&#1".'2*(6%&0(#4*&#.'='3&(L*(,%.,1-&.51-1%3&-+)'6%:"(&;(&".%3&#',(&/(0(5&#-',&*.*&
)*,+01%(2*(&0%"&*.'*(&;1*(,%-(&)+:<&#."/%"?+&;(&7,'*(-(&)+1&!"*,1;'*&)+&0(/%"+3&@1"3&5%-.)&2%&!"6(-(;*3& %"*(,%.,1-3&)+:%&,(#.5'"0+5&2%&'01#(5&!"&#'-('&/.')*,+&;(&#(%&'-(2%8&J15'%&".%&#1".'2*(5&;(&#(-&
%"0%7(,("*&0'#+&'#()*'&()*(&')#1-*+*.,&)'1&"18&C1$1-&#',(&'&#42*%?'*&1"&7,'*(&,+*+#%*3&'01#4"01:<&;(& 0()*%"'*&)+&7%(&;1,*+*.,1-&7+#-%(%&".')*,(&2%&)+&01#+&5'%&0(;',*(&#1".2*%"6(-(&0();,(&/%'6+&2%&7.,5(-(&(%8&
#'-('&0,(';*+&'&/%(6%%3&%:'&0(/("%*&"'3&#(,()#9&I#6%1"('&)'&!%&0+&0,(;*1-&-'&5',%&,(#.5;(")(3&0',&2%&-'& J15'%&".%&2*%5&#%"(&5(,%*+&2%&#%"(&"13&0(.',(#(&/(0(5&#1-.',('&2%&-15%".F%*'*('3&?,'01-&);%,%*1'-&'-&
5',%&,+);1"0(,%8&S-&*,(@1%(&)+&7%(&'*("*3&)+&(L'5%"(F(&@%"(&*,(#1*1-&2%&?,'01-&'#()*1%&7,'*(&!"*,1;'*3&#'& 7%(#+,1%' & 0%"*,( & /.%8 &I)*7(- & ):'1 & .,?'"%F'* & @,'$5'"%% & !" & R"0%'3 & %"%6%'6%% & /(#$%-., & ;(,2% & 2% & ;,(.6%%&
"1&#15/'&)+:%&*1-@1,(&5(,)1-&".,5'-&'-&(/.-16%(%8 (?%;*("%3&%',&01;+&(%&):'1&.,?'"%F'*&2%&(/,(%%8
a51- & !"#+ & "(#.;* & ;("*,1 & *'%"(-( & #(,(2*% & *,(@1%( & )' & ,+54"+ & -' & #,(0%"6' & )'3 & -' & @4=@4%(-%-( & 2%& I/(6%&!"#,(0(,(&!"&".%3&!"&5'"0'*1-&'#.,0'*&0(&)*,+-1#%*.',(-(&G15%"%&#',(&"(&#."01#8&[+&/.5&
!"#(,#+,%-(&)'-(3&,(12%*(& )'1 & "(,(12%*(8&I*4*'& /,(5(&#4*&01$1-&"1&'&'=1") &-'&1"&?,'0&)1;(,%.,3 &#'& %"%6%'&;4"+&-'&5'L%51-&;(,5%)&0(&(/.-16%'&.51-1%&2%&'&?-.@1-1%&".)*,18&C'#+&"%&):',&;(,5%*(3&/:'5&
!"*,1;'*&(-&"1&*,(@1%(&)+&2*%(&#+&(L%)*+&.&'-*+&-15(3&"(/+F1*+3&#(&F@.',+&;,%"&);'6%13&*,(#(&;(&)*,+F%&2%& 1%5%&#1&2*%%"6'&".')*,+8&H(-&5'%&)'/'"*&.5&'-&;+54"*1-1%&"1&2*%(&"%#%&'&5%'&;',*(&0%"&#1".2*%"6(-(&
#.-%"0+&;,%"&#')(-(&.'5("%-.,8&P,(#4"0&;(&-4"?+&1"&)*'"0&0(&#+,6%&#(&*,'*('F+&0();,(&H(,&2%&-(?%-(&)'-(3& ".')*,(&0();,(&.;(,(-(&H,('*.,1-1%&;,%58&[.%&)*10%'6%&!"&#+,6%-(&/.')*,(3&".%&#%*%5&!"&5',('&#',*(&
0();,(&);%,%*&2%&(/.-16%'&)'3&'#()*&.5&/'&7%&)1?()*%."'*&0(&0,(;*'21-&)+1&)+&;,%/(')#+&!"&'-*+&;',*(3& 7-1%0%#+3&1"0(&)(&!",(?%)*,('F+&*.*&#(8)(&;(*,(#(&;(&9+54"*3&0(&-'&#,(',('&)'&2%&;4"+&!"&1-*%5'&#-%;+&'&
"(7%%"01:%&0'*&)+&/'0+3:)+&2*%(&#+&):'&)#,%)&0();,(&.&'-*+&7.,5+&0(&/%'6+8&H(-:#+,1%'&!%&()*(&!"?+01%*&)+&%'& (L%)*("6(%&)'-(8&C'#+&"%&):',&;(,5%*(&)+&);1"(5&*.*1-3&'5&,(/.-16%."'&-15('&0(&;(&?-.@3&0',&P'*+-&!2%&
#1".2*%"6+&0();,(&*'%"(-(&5'*(,%(%&2%&'-(&);%,%*1-1%3&#4"0&/'&*,(#(&;(&-4"?+&1"&')(5("('&)*'"0&0(&#+,6%3& ',(&!"6(-(;#%1"('&K'&2%&2*%(&0(&#(&'&.,4"01%*&#'&.51-&)+&;+2(')#+&!"#(*&;(&0,151-&(/.-16%(%8
)(&/'&.;,%3&/'&#%*%&2%&;,%5%"0&%5@.-0&5("*'-&0(&-'&0,(;*'21-&)+13&/'&#15;+,'&.&'"15%*+&#',*(3&#1,%.)&)+& I/(5&'%#%3&;,%"*,(&".%3&-15('&'"?(-%#+3&)'/'"6%%&H(,1,%-.,&".')*,(3&;(&#',(&!%&!"*,(@+5&-'&'"15%*(&
'7-(&0();,(&);%,%*3&-(?%&2%&P'*+-8&C(&'-*7(-&2%&7+,+&!"0(5"1-&0,(;*'21-1%&)+13&(&!"&"'*1,'&'#()*1%&.5&)+& ,(1"%1"%3&%',&(%&"(&')#1-*+&#1&@-4"0(6(3&#1&,+@0',(3&2%&"(&,+);1"0A
'##(;*(&%0(%-(&,(7(,%*.',(&-'&"(51,%,('&);%,%*1-1%8 BP'*+-&0.,(2*(&#'&7%(#',(&01$&)+&!"/(6(&;,%"&(-&!")12%8&S1&'*4*'&!6%&;.*&);1"(8&!"&;,.@-(5'&;1)+&"1&
a51-1% & 0( & ;( & *,(;*(-( & %"7(,%.',( & '-( & /%(6%% & )'1 & 2#.-%%3 & '- & #+,1% & %")*%"#* & !- & !5;%"?( & );,( & 71,*3& (&'2'&#15&).#.*(2*%&*13&5'%&)*10%'F+&2%&';.%&/%".&)+:5%&);1%&#(&'%&'7-'*8&J1&;.*&)+:6%&0'1&!"/+6+*1,'&0(:'&
5%"#%1"+3&#,%5+3&!"2(-+*.,%(&(*#3&"1:%&;-'#&#1/%"*(-(&;,(.*1-1%&2%&"%#%&;,'?1-&@%)(,%#%%&"1:<&/'&*.#%8& ?'*'3&#%&0.',&".,5(-(&0(&.@)(,/'*&2%&#%*%*&7(".5("(-(3&5'*(,%%-(&2%&/%'6'&0(&;,(*1*%"0("%8Z&R'*+3&7%1-(3&
!"*,:1"&')(5("('&.5&;,(0.5%"+&%")*%"#*(-(&'"%5'-%#(3&2%&0(#%3&"1&)(&/'&7'#(&0%"&(-3&0(&'F%&;(&54%"(3& #',*('&7-1%0%#+&(&'%#%3&#%*(2*(:.&#1&;1*(,%-(&;,%5%*(&0(&-'&P'*+-&2%&".%&!6%&/.5&);1"(&0'#+&'%&/+F1*&@%"(&
1"&.5&#15%"*(&2%&!"6(-(;*8&[.%"6'&)'&()*(&!"#+&;,('&)-'@+3&"1&',(&*+,%'&)+:2%&;.*.-(')#+&;'*%5%-(3& )'1&"13&0'#+&'%&?+)%*&)'1&"1&'0(/+,1-8&a@)(,/+3&5(0%*('F+3&,('5%"*(2*(:6%&#(('&#(&'%&5'%&'7-'*3
;.,"%,%-(&2%&'#6%1"%-(&"().#.*%*(8&T"&')(5("('&.5&"1&)(&;.'*(&!5;+#'&#1&%0(('&(L%)*("6(%&1"(%&-15%
V\\ ?271"%#+,%&5%"&?(, V\T
>%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'

#.5;',+&2%&*,'?(&#."#-1F%%8&H%*(2*(&2%&!"/'6+3&".%&"1&'/(5&/.%(&)+&/+&0+5&0(:'&?'*'8&J1&*(&*(5(&#+& o%%"6'&)1;,(5+3&H'1F'&*1*1,.,&#'1F(-.,3&)17(,+&0(&01,(,%-(&#,('6%(%&K'-(&2%&)(&@1#1,+&0(&7(,%#%,('&
!"*4,F%%&!"&0(F-(?',('&.;(,(-.,&P'*+-1%&".)*,13&)(#.-(&%"7%"%*(&)*'1&!"'%"*('&".')*,+8&H(&"1&;.6%&'7-'&'F%& (%8&P'*+-&#1;,%"0(&!"&)%"(&*.'*+&.;(,'&K'3&@1#1,%'&2%&01,(,('&*1*1,.,8
/(%&'7-'&54%"(3&;()*(&1"&)(#.-3&.&)1*+3&.&5%(&0(&)(#.-(&2%&.0'*+&*.*&/(%&%F@1*%&)+&'7-%&#15&'&-1#,'*&P'*+-&
2%&-'&#(&.;(,+&'&0'*&"'2*(,(8&[.%"6'&P'*+-1%&()*(&)+&51"#%5&#1&*.6%%8
I0(/+,1-&);1)&0(&5%"(&!6%&/'&%"*,'&;(&.&1,(#$(&2%&/'&%(2%&;,%"&#('-'-*+3&;("*,1&#+&5(5.,%'&*'&"1&
;.'*(&,(6%"(&0(#4*&#(('&#(&'%&'7-'*&;,%"&*%"(&!")16%8&U(5.,%'&.,%#+,(%&7+;*1,%&,(6%"(&0.',&#(('&#(&'& [%)(-(
!"6(-()8&U(5.,',('&1"(%&%0(%&"1&()*(&'*4*&0(&?,('&;,(#15&!"6(-(?(,('&(%8&H1".2*%"6(-(&,(7(,%*.',(&-'&
.;(,(-(&P'*+-1%&".)*,1&)1"*&'*4*&0(&"15(,.')(3&!"#4*&":',&;1*('&7%&5(5.,'*(3&0'#+&!"&;,('-'@%-&"1&'1&
7.)*&;,%#(;1*(8 C,'?+&7,'*(3&'F%&'5&/("%*&)+:6%&/.,@()#&0();,(&5.01-&#15&'#6%."('F+&.5("%,('&0(&;(&'#()*&;+54"*3&
P.*1-&*,(@1%(&7+#1*&01;+&#$%;1-&2%&')(5+"',('&#(-.,&7+#1*(&0(&P'*+-&".)*,1&#("*,'-8&H%"(&G:'& 0',&*1&'%&0.,%&)+&#1".2*%&*'%"'&/%)(-.,8&z%:'5&5'%&/.,@%*&.0'*+&0();,(&/%)(3&0',&%'*+3&0%"&0,'?.)*(3&
!"/+6'*&;(&P'*+-D&J%5("%8&I*1"#%&2%&".%&*,(@1%(&)+&!"/+6+5&)%"?1,%8&H15&'&!"/+6'*&P'*+-D&SL;(,%5("*4"03& !"*,(,1; & 7%,1- & ;,.?,'51-1% & 5(1 & 0( & 'F%3 & ;("*,1 & ':6% & /.,@% & 0();,( & )1@%(#*1- & #( & *( & %"*(,()('F+8 & G'&
#,(4"0&2%&.@)(,/4"08&a@)(,/+&2%&*1&2%&'7-+&#(('&#(&'&(L;(,%5("*'*&2%&0()+/4,2%*&S-8&S&0,(;*&#+&'#(')*'& #%"(5'*.?,'7&/(0(6%&'#6%1"('&2%&'1F%6%&?,'%1-&;(,)."'=(-.,&1"1%&7%-58&[:'6%&.@%2"1%*&#1&#%"(5'*.?,'7%'&
#(,(&51-*+&51"#+3&%',&51"#'&()*(&).,+&#1&)17(,%"6'8&P'*+-3&51"#%"03&#1".'2*(&2%&S-&)17(,%"6'8&J.%3& 2%&'6%&;%(,01*&0%"&/(0(,(&;,.@-(5(-(&!"*45;%"'*(&0(&%"/("*'*.,%%&';','*(-.,&#(&,(0'1&#."#.5%*("*&
!"?(,%% &2*%5&0%" & (L;(,%("6(-( & ".')*,(&#+ &.,%#( &51"#+3&.,%#(& (7.,*3 &#(,( & 01,(,(3& )17(,%"6+8 & C( &'%#%& /.,@%,('&2%&5%2#',('8&K*'6%&!"&7.*.-%1&2%&')#1-*'6%&1"&0%)#1,)&0%"&p(,-%"&)'1&c.5'8&J1&/+&5'%&5%,'6%&0(&
*,'?(5&#."#-1F%'&#+&P'*+-&#("*,'-&)17(,+&#4"0&7'#(&.;(,(-(&K'-(&#,('*.',(8&J1&(L%)*+&#,('6%(&7+,+& 7(".5("1-&;,.;'?+,%%&1"0(-.,&(*(,%#(&#',(&;+*,1"0&*.*1-&2%&!"#."=.',+&;+54"*1-8&S%&@%"(3&/%)1-&"1&
01,(,(8E ()*(&0(#4*&1"&#%"(5'*.?,'7&2%&.&,'0%.0%71F%1"(8&I5&)+:6%&(L;-%#&7(".5("1-&/%)1-1%3&'*4*&0(&*'%"%#&!"&
H%*()#&!"&5%"*('&*'3&7,'*(3&5%,',('&2%&!"*,(@',('A&BH15&)(&;.'*(&(L;-%#'&01,(,('&#$%',&-'&P'*+-& -15('&/.')*,+8
#("*,'-DE P,1;1-&!2%&',(&71"#6%%-(&)'-(3&7%F%.-.?%'&)'8&H.,;1-&);%,%*1-1%3&)'1&;(,%);%,%*1-3&'/4"0&.&'-*+&#.")*%*16%(3&
',(&1"&'-*&5.0&0(&71"#6%."',(8&9,%"&1,5',(3&(L%)*+&0.1+&7(-1,%&0(&7%F%.-.?%%8&H4"0&01$1-&)(&!"*,1;('F+3&
R'*+& ,+);1")1- &5(18 &G' &!"#(;1*& #,('6%%-(& "1&)1"*& ;(,7(#*(3& ;("*,1& #+& *.*1- &;-('#+& 0(& -'& )%5;-1& -'& '#()*(&0.1+&7%F%.-.?%%&)(&)1;,';1"8&C1;+&#(&):'&(L*(,%.,%F'*3&7%%"0&#.5;-(*&-%@(,&!"&);'6%13&01$1-&',(&
#.5;1)3&0(&-'&%5;(,7(#*&-'&;(,7(#*8&P'*+-&7%%"0&;(,7(#*&%',&#,('6%'&7%%"0&%5;(,7(#*+3&*,%5%)+&;("*,1&'&)(& "15'%&71"#6%'&01$1'-+&)'1&);%,%*1'-+8
;(,7(#6%."'&!"&(*(,"%*'*(3&P'*+-&)17(,+&*.*&*%5;1-3&;4"+&-'&(L;1-F',('&#,('6%(%&K'-(8&P'*+-&"1&;,.01#(& a51-&*,1;()#&;,%/(2*(&1"&',@.,(8&R5'?%"('&#.;'#1-1%&'=1"?(&!"&.#$%%&)+%&%"7-1("64"01:%&,(*%"'3&
"%5%#&#',(&)+&"1&,(#-'5(&(/.-16%(8&C%"&'#(')*+&#'1F+&S-&)17(,+&5(,(13&;("*,1&#+&5(,(1& #,(('F+8& %',&;,%"&"(,/1-&.;*%#&)(&*,'")5%*(&!"&)%)*(51-&#(,(@,'-3&1"0(&0%"&%5'?%"(&7%F%#+&)(&*,'")7.,5+&!"&
C()%?1,3&0'#+&P'*+-&',&#,('&;(,7(#6%1"%&"((/.-1*%/(&"1&',&5'%&)17(,%8&P,(@1%(&)+&)17(,%3&#'&)+&*(&@1#1,%& %7'-%"(& 4)%$%#+9 &S'&/' & )*,+@'*( &#.,;1-&/%*'-3 & ';.%& #.,;1- & ;-'"(*',3 & ).-',3 & 1"%/(,)%#3 &#.)5%#3& ;,%"&
0(&7(,%#%,(8&U'5'&*,(#(&;,%"&01,(,%-(&"'2*(,%%3&;("*,1&#'&';.%3&;,%/%"0&;,1"#1-&"+)#1*&0%"&('3 &6& )+&7%(& !"/(-%21,%-(&5'5',(&)'1&0%/%"(3&;4"+&'=1"?(&!"&7'6'&01$1-1%8&I%#%&%5'?%"('3&,(01)+&-'&0%5(")%1"%&
#1;,%")+&0(&7(,%#%,(&2%&0,'?.)*(&"()74,2%*+&;("*,1&.51-&/("%*&!"&-15(&;,%"&('8 0(.)(@%*&0(&5%#%3&/'&%5;,()%."'&01$1-3&-14"0&#1".2*%"6+&#+&',(&!"&7'6+&1"&;.58
C%/%"%*'*('&',(&0.1+&;(,%.'0(&'-*(,"'"*(A&1"'&0(&01,(,(&2%&'-*'&0(&7(,%#%,(3&*,'01)(&;,%"&'#*(-(& C%" & '#(')*+ & 0()#,%(,( & ):' & /+F1* & #+ & .@%(#*1- & (L*(,%.,3 & ,(#(;6%."'* & 0( & .#$%3 & ):' & *,'")7.,5'* & !"&
c();%,'*.,1-1%8&H4"0&#,('6%%-(&%()&0%"&P'*+-3&S-&,()%5*(&01,(,(3&;("*,1&#+&7'#(&.&.;(,+&%5;(,7(#*+&;,%"& ;(,%);%,%*3 & !"*,:. & ;(,#(;6%( & %"*(,"+3 & )1@%(#*%/+3 & !"*,:. & %5'?%"( & %"*(,"+Q & 0(#% & %5'?%"(' & .@%(#*%/+ & '&
"'*1,' & (%8 & T,5('F+ & 1" & ,(;'1)3 & ;4"+ & -' & !"#(;(,(' & 1"(% & #,('6%% & ".%8 &I#()* & *%5; & 0( & )*'?"',( & ()*(& 0(/("%*&)1@%(#*%/+8
5.5("*1-&K+1&0(&7(,%#%,(3&#4"0&1,5+,(2*(&#1&.&0,'?.)*(&%"7%"%*+&.;(,(-(&K'-(&;.,"%*(&;(&0,151-& K+&%'1&'#15&1"&#'F&);%,%*1'-8&a51-&'&'0.,5%*3&'0%#+&);%,%*1-&'&%(2%*&0%"&*,1;8&C%"&);'6%1&'&).)%*&
(/.-16%(%8&C%"&*.'*(&;+,6%-(&1"%/(,)1-1%&)(&,%0%#+&.)'"'-(&'0,()'*(&P'*+-1%&#,('*.,8&S-&)(&@1#1,+&-'& 7,'*(-(&)+1&0()*,1;'*3&#',(&:&;("*,1&'&)(&7'#(&#1".)#1*&:&%'&7.,5'&15'"+&'/1*+&!"&/%'6'&)'&;+54"*(')#+3&
"()74,2%*&0(&,(#1".2*%"6'&#.;%%-.,&K+%3&'#()*(&51-615%,%&15;-4"01:G&0(&@1#1,%(&2%&7(,%#%,(8&C',&'-+*1,%& !5@,+#'* & '2' & #15 & -:' & #1".)#1* & .51- & '0.,5%*8 & 9,%" & ;1*(,(' & ?4"01-1%3 & 01$1- & 0()*,1;'* & ;.'*( & )+&
0(&'#()*(&)("*%5("(&0(&,(#1".2*%"6+3&!%&).)()#&2%&?-')1,%-(&#(-.,&#(&)17(,+&!"&-15%-(&!"#(;+*.',(3 &2%& 7.,5(F(&0%"&7-1%0(-(&5(0%1-1%3&.&7.,5+&7-1%0%#+3&%0("*%#+&*,1;1-1%&)+1&0%"&1-*%5'&/%'6+&;+54"*(')#+8&
C1$1-&K+1&)(&54$"(2*(&'04"#&0(&)17(,%"6(-(&#.;%%-.,&K+%Q&!")+&"1&;.'*(&7'#(&"%5%#3&#+#%&"1&;.'*(&.;,%& o%(&#+&01$1-&!")12%&):'&%"*,.01)&!"&7.,5'&E#,('*+3&7%(&#+ &2 &;,(F%"*+&%"0(;("0("*+&0(&);%,%*1-&)+13&
#1,)1-&(/.-16%(%3&"%#%&)+:2%&'"1-(F(&-(?%-(&)*'@%-%*(8 '#(')*+&%5'?%"(&/'&*,%5%*(&1"0(3&#(&/.,&;+*,1"0(&!"&%"*(,%.,1-&;(,%);%,%*1-1%&;4"+&!"&7'6'&)#4"*(%%&
I2'0',&01,(,('&()*(&2%&'*,%@1*1-&C%/%"%*+6%%&#("*,'-(3&2%&*.#5'%&0%"&'#(')*+&#'1F+&#.;%%%&P'*+-1%&"1& .51-1%&'0.,5%*3&-14"0&#1".2*%"6+&0(&#(('&#(&)(&'7-+&!"&7'6'&2'8&C1$1-&-%@(,&/'&/.,@%&#'&.,%#(&01$3&
;.*&7%&)#1*%6%&0(&01,(,(8&J%#%&#(-&5'%&5',(&01$3&#(-&5'%&';,.;%'*&o%1&'-&K+1&"1&/'&7%&)#1*%*&0(&01,(,(8& '0%#+&/'&(5%*(&1"0(:?4"01,%3&#.5@%"'*(&#1&%5'?%"('&)'8&!"&7%"(3&01;+&/.%"6'&)'3&01$1-&-%@(,&#,(('F+&
>1,(,('&()*(&8(-'*+&5(&0%'.+/&5(&(L%)*(".+9 !"&=1,1-&'#()*(%&%5'?%"%&1"&0(#.,&.',(#',(A&.&#'5(,+3&1"&#45;3&.&';+&(*#8&U%2#4"01:)(&2%&/.,@%"0&!"&
C1,(,%-(&'1&2%&(-(&?,'0(8&!"&-15%-(&5'*(,%'-(3&;(&-4"?+&)17(,%"6'&);%,%*1'-+&01$1-&5'%&*,(#(&2%&;,%"& '#()* & 0(#.,3 & %5'?%"(' & /' & ,(0' & *.'*+ & %"*("6%' & 01$1-1%8 &P.*1- & /'& 7% & !",(?%)*,'*3 & %"*(,%.,%F4"01:)( & !"&
01,(,%&*,1;(2*%3&#',(3&#.5@%"'*(&#1&#(-(&);%,%*1'-(3&0'1&.&".*+&0(&01,(,(&)1;(,-'*%/+8&C1,(,%-(&7%F%#(&)(& #.,;1-&;(,%);%,%*1'-&'-&01$1-1%&!"*,1;'*3&(L*(,%.,%F'*&!"&*%5;1-&).5"1-1%&*,1;1-1%&)+18
,%0%#+&!"&);'6%1&)1@&7.,5+&0(&1"5(&2%&;,.01#&,(7-(L(&!"&-15%-(&);%,%*1'-(8 C%5%"('6'3&%5(0%'*&01;+&0(2*(;*',(3&.51-&!2%&'5%"*(2*(&/'?&0(&;+,%"*(-(3&7,'*(-(&)'1&;,%(*("1-&#1&
!"&*%5;1-&5',%-.,&#'*'#-%)5(3&,(/.-16%%&)'1&,+F@.'%(3&01,(,%-(&15'"(&)1"*&'*4*&0(&5',%&2%&)*,%?+*1-& #',(&'&)*'*&0(&/.,@+&;(&5'-1-&1"(%&';(&)'1&!"*,:.&?,+0%"+3&1%*4"0&0(&51-*(&0(*'-%%8
0(&01,(,(&'-&.'5("%-.,&()*(&'*4*&0(&;1*(,"%#3&!"#4*&)*,+@'*&#(-(&*,(%&F."(&7-1%0%#(&'-(&9+54"*1-1%&2%& H.")*'*4"0&#+&*.'*+&-15('&/%)('F+3&)'/'"*1-&;+54"*1-1%&)(&F@'*(&)+:2%&(L;-%#(&'#()*&7(".5("&
'=1"?&;4"+&-'&!"?(,%8&!"&7'6'&'*4*.,&/'-1,%&0(&01,(,%&).)%*(3&!"?(,%%&)1"*&F?101%6%&!"&)%56+5%"*(-(&-.,3& ;,%"&;,%)5'&*,1;1-1%8&K+,5'"&"(2*%1*.,M&H4"0&0.',5(3&.51-&',(&.#$%%&!"#$%2%3&%',&1,(#$%-(&)'-(&"1&5'%&
,('5%"*%"01:-(&#(('&#(&1%*')(,+&0(&/('#1,%A &51,(,('/ &;,%"&#',(&'1&*,(#1*&2%&(%&.0'*+8&P1-@1,',('&2%& '10&"%5%#8&H15&0(&/(0(&;(%)'=(3&.@%(#*(3&'"%5'-(&2%&.'5("%&#1&#',(&)*+&0(&/.,@+D&C()%?1,&:!2%&);1"&
54$"%,('&!"?(,%-.,&;,%#%"1%*+&0(&'*4*'&01,(,(&)(&*,'")5%*(&!"&-15%-(&)1;(,%.',(3&%"7-1("64"01:-(&2%& 1"%% & : & )%)*(51- & #(,(@,'- & "1 & ' & /,1* & )+ & 0.',5+ & 2% & '3 & #,('* & 7'"*(F%%3 & /%)( & #',( & "1 & )1"* & ,('-%*+6% & (%&
0(*(,5%"4"01:-(&)+&,(7-(#*(&')1;,'&!"#(*+,%%&01,(,%%8 ,(;,.01#(,('&7';*(-.,&2%&%5'?%"%-.,&#.*%0%("(8
!6%&*,'01#3&0,'?+&7,'*(3&'#()*&(#.1&);%,%*1'-&;,%"*,:1"&(L(5;-1&0%"&-15('&*'8&P(:'%&01)&-'&#%5%*%,&)+& S%&@%"(3&%,('-%*'*('&;,()1;1)+&0(&*.'*+&-15('&'&7.)*&*.*12%&.&,('-%*'*(&0(;-%"+8&C%"&"(7(,%#%,(3&.51-&
0(;1%&.&7-.',(&;(&5.,54"*1-&;+,%"6%-.,&*+%8&P.#5'%&'*1"#%&)(&!"$15'&1"%#1-&#.;%-&'-&1"1%&@+*,4"& !2%&,';.,*('F+&/%)1-&-'&-15('&7%F%#+&!"#."=1,+*.',(8
?4,@./%*8&S-&;-4"?('&)742%(*.,&;("*,1&#+&!2%&!"?,.';+&#.;%-1-3&%',&;,+;+0%*1-&0(&(-&,+54"(&)+:2%&*4,')#+& C%"&#';1-&-.#1-1%&*,(@1%(&)+&);1"&#+&'1F1-&2%&/+F1-&.51-1%&)1"*&0(&0.1+&7(-1,%A&);%,%*1'-(&2%&
F%-(-(&!"&"(;1*%"6+&2%&)%"?1,+*'*(8&9-4")1-&@+*,4"1-1%&(,'&'*4*&0(&F?101%*.,3&!"#4*&-15('&)*,+%"+&0%"&=1,3& *,1;(2*%8&SL%)*+&1"&'1F&7%F%#&2%&1"1-&;)%$%#3&1"&/+F&7%F%#&2%&1"1-&;)%$%#8&9(&#4"0&'1F1-&;)%$%#&;',(&'&)(&
!5;,(1"+&#1&*%"(3&'&!"#(;1*&)+&;-4"?+&0(&5%-'&-1%8&C1,(,('&(&*,'")5%)%@%-+3&#$%',&0(&'5&7%&!"?(,%& #."71"0'&#1&'1F1-&7%F%#&:&'54"0.1+&7%%"0&'#6%."'*(&0(&'#(-'2%&7(-&0(&(*(,&)'1&1"0(&:&/+F1-&;)%$%#&()*(&
01,(,%-(&"(&!"*,%)*('F+8 #1&*.*1-&0(.)(@%*&0(&#(-&7%F%#3&7%%"0&;,.01)(&0(&1"0(&0%7(,%*(8
p1#1,%%-(&'04"#%&2%&,(#1".2*%"6'&#(-.,&#(&'1&;+*,1")&!"&*'%"(-(&C%/%"%*+6%%&!-&15;-1&;(&P'*+-&0(& 9(&;+54"*3&.51-&*,1;()#&/(0(&.&,('-%*'*(3&%',&);%,%*1-3&!"&-15('&)'&(*(,%#+3&/(0(&.&'-*+&,('-%*'*(3&!"&
7(,%#%,(3&/+F4"0&!"&'-(2%%&K+%&;(&/%%*.,%%&#28'A2,'*2,%/&-'&/%%*.',(-(&K'-(&.;(,(&!"&/(#%%&/(#%-.,8 -15('&*,1;(')#+&*,'")5%*(,('&1"0(-.,&)(&7'#(&'*4*&'10%*%/3&#4*&2%&/%F1'-8&[.%&;1*(6%&#(,(&.&%"7.,5'6%(&0(&
H' & 2%& 7(,%#%,('3& 01,(,('& ',(& ?,'0(-(& (%8& 9(&5+)1,+ &#( &*( &#.@.,% & ;( &)#','& (/.-16%(% &01$1,%-.,3& -'&1"&)(5("&.',(#',(8&C'#+&,();(#*%/1-&()*(&0(&7'6+3&/'&,+);1"0(&;,%"&/.,@%,(Q&0'#+&()*(&0(;',*(3&/'&
01,(,('&7%F%#+&()*(&5'%&%"*(")+8&H1&#4*&.&("*%*'*(&);%,%*1'-+&()*(&5'%&0(&=.)3&#1&'*4*&01,(,('&*,1;1-1%& ,+);1"0(&;,%"&)#,%)8
)+1 & ()*( & 5'% & 5',( & 2% & #1 & '*4* & )( & /' & @1#1,' & 0( & )17(,%"6' & '-*.,'8 & 9( & 5+)1,+ & #( & *( & ,%0%#% & ;( & )#','&
(/.-1*%/+3&01,(,%-(&;)%$%#(&)'1&)17-(*(2*%&)1"*&5'%&;1*(,"%#(8&H1&#4*&1"&01$&()*(&5'%&(/.-1'*3&#1&'*4*& G'&7(-&()*(&2%&!"&-15('&);%,%*1'-+A&51$1,%8(&"(42*&%";2,7'&5()4,(&#(0'&;%(&4,%"&1"5(&0%M1'8(/&;%( &
01,(,%-(&';,.';(-1%&)+1&!%&;,.01#&.&)17(,%"6+&)'1&7(,%#%,('&'-*.,'&!%&;,.#1,+&@1#1,%(8 4,%"&1"5(&'15%*%0(99
VT_ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"&?(, VTU

C'#+&01$1-&/,('3&;.'*(&*,'")5%*(&-'&0%)*'"6+&1"1%&'-*&01$&'*4*&)1"(*1-&1"(%&-%*(,(3&#4*&2%&%5'?%"('& '7',+&0(&1"0(-(&,(;,(F("*'*%/(&'-(&7'F(-.,&)'-(&(/.-1*%/(&:&;.'*(&',+*'&2%&)*+,%-(&)'-(&;)%$%#(8&C(&
(%&/%F1'-+&:&0%7(,%*+&0(&%5'?%"('&/%F1'-+&'&-15%%&*,1;(2*%8&C'#+&01$1-&)(&?4"0(2*(&-'&1"&;(%)'=3&-'& (L(5;-1&01$1-&1"1%&5%(-&/'&',+*'&*.'*+&?,.'F'&'/1*+&!"&/%(6%-(&'"*(,%.',(3&#4"0&'&7.)*&)'#,%7%#'*3&%',&
7.,5'&7.)*1-1%&)+1&#$%;3&-(&;.'*(&*,'")5%*(&!"&!"*,(?%5(&1"(%&'-*(&("*%*+6%3&#',(&-(&/'&/(0('&#'&2%&#15& '#(')*+&01,(,(&)(&/'&*,'")7.,5'&!"*,:.&5%-+&;1*(,"%#+&!"&01$1-&15'"&);(#*'*.,3&#',(&/+&)17(,%&!"&'#(-(&
', & 7% & !"*,:'0(/+, & !" & 7'6' & 1"1% & ;(%)'= & ,('- & ;+54"*()# & )'1 & !" & 7'6' & 7.)*1-1% & )+1 & %1@%*8 & a & ')(5("('& 5.5("*(&01,(,('&'#()*1%&7,'*(&5'%&5%#8&I2'0',&#1&#4*&)1"*&;(&.&*,(';*+&5'%&!"'-*+&;(&)#','&(/.-16%(%3&
*,'")5%*(,(&)(&;.'*(&7'#(&'*4*&1"1%&01$&-%@(,3&#4*&2%&1"1%&01$&#';*%/3&'-&#+,1%&*,1;&0.',5(3&%',&!"&'#()*& '"%5'-(-(&(5%*&1"0(&)1@%(#*%/(&5'%&%5;.,*'"*(3&5'%&#-',(&2%&5'%&%"*(-%?("*(8
#'F&/(6%&);1"(&#+&.51-&/%)('F+8 9,%"&1,5',(3&(L%)*+A&<8 &1"5(&'15%*%0(]&V9&1"5(&0%M1'8(&)1A%(#*%0(] &X8 &1"5(&0%M1'8(&2A%(#*%0(9 &
P.*&#(&7+1,(2*(&1"&01$&:&7.)*1-&)+1&*,1;3&;(%)'=(3&0%7(,%*(&5%2#+,%&:&2%&*.*&#(&/.,@(2*(&1"1%&01$& U%"(,'-1-&;,.01#(&.&)%"?1,+&#'*(?.,%(&0(&1"0(&:&/%F1'-(&.@%(#*%/(8&[(?(*'-1-&',(&0.1+&7(-1,%&0(&
#';*%/&'-&#+,1%&*,1;&0.',5(3&)(&/'&!"#'0,'&!"&'#(-'2%&0(#.,3&2%&.51-&'0.,5%*&/'&/%)'&#(('&#(&);%,%*1-& (5%)%1"%&0(&1"0(&:&/%F1'-(&.@%(#*%/(&2%&/%F1'-(&)1@%(#*%/(8&K;%,%*1-&'"%5'-&2%&15'"&(5%*(&*,(%&7(-1,%&
!",(?%)*,('F+&!"&%"*(,%.,1-&;(,%);%,%*1-1%&)+18&K(&;,.01#(&.&,('-%*'*(&;("*,1&01$&2%&.&%-1F%(&;("*,1&.51-& 0(&1"0(&:&'10%*%/(3&/%F1'-(&.@%(#*%/(&2%&/%F1'-(&)1@%(#*%/(8
*,1;()#8 o%%"0&(5%6+*.,&0(&1"0(3&.,%#(&#.,;&-(&;',(&-15%".)&01$1,%-.,3&',F4"0&#'&.&#'"0(-+3&-1#%"0&#'&1"&
C1$1-&-%@(,3&"(!"*,1;'*3&7'#(&0(.)(@%,(&#4"0&/(0(&)'1&'10(&.&,('-%*'*(&*(,()*,+&2%&1"'&7-1%0%#+3&0%"& 7.)7.,&!"&!"*1"(,%#&)'1&-15%"4"0&#'&1"&@(#&(-(#*,%#8&9,%/%"0&-'&1"&'-*&01$&)'1&-'&1"&*,1;&5%"(,'-3&
-15('&)'&(*(,%#+8&C'#+&01$1-&/(0(&!"&)4"1-&)+1&.&%5'?%"(&.',(#',(3&2*%(&#+&(&.&,(;,(F("*',(&7-1%0%#+& /(?(*'-3&'"%5'-&)'1&15'"3&01$1-&-(&/'&/(0('&5(,(1&-15%".')(3&'1F%"0&!"&'#(-'2%&*%5;&1"&)1"(*&
/("%*+&0%"&-15('&)'8&H4"0&*,(#(&;()*(&';(3&#45;%%3&51"6%3&;+01,%&2%&-(&/(0(&,4"0&;(&,4"03&(L*(,%.',(& );%,%*1'-8&K,%#(&#2,4&(&817%"2)&3%&)2"2,9&P.'*(&#.,;1,%-(&;.)(0+&-15%"+&;,.;,%(8&o%(&#+&(&F%1+3&7%(&#+&(&
#.,;1-1%&)+13&2*%(&#+&'#()*('&';',6%"&-15%%&7%F%#(3&0(.',(#(&)1"*&.@%(#*%/(8 ".';*(3&01$1,%-(&/+0&*.'*(&#.,;1,%-(&2%&7%%"6(-(&-15%".')(&#'&).',(-(8&I#(')*+&-15%"+&/',%'F+&01;+&
J.%3&.'5("%%&);'6%'-%3&'/(5&1"&/+F&.@%(#*%/&2%&1"1-&)1@%(#*%/3&#."71"04"01:-(&!"*,:1"'8&a51-& #.,;1-&;,%/%*8&U%"(,'-(-(&'1&!"&?("(,'-&#1-.',('&1"1%&7.#&'-@')*,13&;-'"*(-(&:&'&1"1%&7.#&/(,0(3&%',&
*,1;()#&',(&"15'%&1"&/+F3&!"&';',("6+&.@%(#*%/8 '"%5'-(-(&2%&.51-&'1&#1-.',('&1"1%&7.#&?'-@("8&T"(-(&/%(*+6%&:&0(&(L(5;-1&;+)+,%-(&:&'1&1"&5.F'%#&0(&
c('-%*'*('&)1@%(#*%/+&0%"&*%5;1-&).5"1-1%&*,(@1%(&%"*(,;,(*'*+3&;("*,1&#+&.&-(?(&#(,(')#+&"1&;(,5%*(& #1-.,%8&a@%(#*(-(&0%"&-(5"&'1&.&#1-.',(&5'%&)*%")+&0(#4*&#.;'#%%8
.,%#+,1%&01$&)+&'7%,5(&#(/'&#.5;-(*&2%&-+51,%*3&#'&"1&#15/'&)+&*1-@1,(&#1,)1-&0()*%"1-1%&1"1%&.5& I#153&!"&'#(')*+&#'5(,+3&*(&/+0&#'&;(&.&7+#-%(&';,%")+8&9-'"*(-(&,'0%'F+&-15%"+8&U.@%-'&',(&.&
*,1;()#8&C(&'#(('&01$1,%-(&"1&'1&/.%(&)+&0('&)7'*1,%&#'*(?.,%#(&!"*,1;'*1-1%3&#%&0.',&,(;,(F("*+,%& -15%"+& 5'%&;'-%0+&2%&#1-.,%&#1&*."1,%&2*(,)(3 &0(.',(#(&.&5',(&;',*(&0%"& 7-1%01-3&01@-1-& (*(,%#&'-&
)%5@.-%#(3 & ;( & #',( & *13 & .5 & *,1;()#3 & )+ & -( & %"*(,;,(*(F% & 2% & )+ & -( & ?+)(2*% & '0(/+,'*1- & !"6(-()8 &I#(')*+& #.;'#1-1%&0%"&#',(&):'&7+#1*&5.@%-'&):'&;%(,01*&#4"0&'&51,%*&#.;'#1-Q&2%&)(&/'&;%(,0(&';,.';(&#1&*.*1-&
,()*,%#6%(&()*(&%5;(,'*%/+&#4"0&()*(&/.,@'&0(&/%%*.,8&C'#+&(&/.,@'&0(&*,(#1*1-&/%(6%%&'#*1'-(&)'1&'-&#(-.,& 0'#+&-(5"1-&/'&7%&',)&)'1&/'&;1*,(F%8&[+0&-'5;'&(-(#*,%#+3&0',&"1&'*4*&0(&)*,+-1#%*.',(&;(&#4*&.&/(F%&*13&
*,(#1*(3&)(&;(,5%*(&.,%#(&0%)#16%(&2%&.,%#(&0()7+21,',(&;'".,'5%#+&'&(/("%5("*(-.,&*,(#1*(8&I5%"*%"01: ;("*,1&#+&7%-'5("*1-&5(*'-%#&0%"&%"*(,%.,1-&(%3&7%%"0&*,(#1*&;,%"&7.#3&'&;%(,01*&.&5',(&;',*(&0%"&7-1%01-&
6%&0(&(-(&-'&0(2*(;*',(3&*(&5%,%&0(&-.#'-%*+6%-(&/+F1*(3&0(&#.)*15(-(&;1,*'*(&2%&0(&7%?1,%-(&"(#1".)#1*(Q&2%& )+18&[+0&#15&;,%"&7%,1-&(-(#*,%#&#1,?(&1"&7-1%0&#'&.&';+&';,%")+3&;',#+&',&7%&0(&7.#3&"15%*&0(&/.%&
*.*12%3&*.'*(&!2%&'1&!"6(-()1-3&;("*,1&#+&*(:'%&/+F1*&!"*,:.&-.#'-%*'*(&1"0(&'%&*,+%*&.0'*+3&!"*,:.&6',+&1"0(& #1,("*&(-(#*,%#8&[+0&#15&;,%"&;(,(6%%&).@(%&%()&1"0(3&)1@&7.,5+&0(&7-+#+,%&/%%3&;,./("%*(&0%" &01@-1-&
)(&;1,*'1&'#(-(&#.)*15(&2%&'%&'/1*&,(-'6%%&#1&;(,).'"(-(&;,(F("*(&!"&/%)8&T"0(-(&#',(&%5;,()%."('F+& (*(,%#&'-&-(5"(-.,&#(&',08&P.'*(&'#()*(&(5%)%1"%&)(&,%0%#+&);,(&*'/'"3&)*,+@+*4"01:<&2%&;%(,F4"01:)(&;,%"&
,(*%"'3 & ;("*,1 & ' & 7.,5' & %5'?%"(' & #.,();1"F+*.',( & .@%(#*1-1% & 7%F%# & 0%" & (L*(,%.,3 & )1"* & 0(.)(@%*( & 0(& '#.;(,%21-&#')(%&!"&);'6%18&[+F1-&".)*,1&;)%$%#&0%7(,+&0(&'-&/.)*,13&;("*,1&#+&/(0(5&#1&.,%#',(&;',*(&'&
1"0(-( & #,('6%%-., & 7-1%0%#( & '-( & 1"1% & 01$8 & a51- & /(0( & .@%(#*(-( & 2% & 7%%"6(-( & 0%" & -15(' & (L*(,%.',+ & #1& #.,;1-1%&".)*,18&c.-1-&"(,/1-1%&/.)*,1&.;*%#&()*(&!"0(;-%"%*&0(&!"*,(?1-&5(1&#.,;&);%,%*1'-3&#',(&/(0(&
'=1*.,1-&.#$%-.,8&C1$1-&/(0(&-15('&(L*(,%.',+&#1&*.*&#.,;1-&)+1&7-1%0%#8&!"&'#()*&#'F3&1"0(-(&(5%)(&0(& ;,%"&*.6%&;.,%%&)+%3&7+,+&)+&'/(5&"(/.%(&0(&.#$%8
1"&#.%;&)'1&.&7%%"6+&.',(#',(&;+*,1"0&!"&%"*(,%.,1-&;(,%);%,%*1-1%&01$1-1%&2%&'%#%&,(;,.01#&%5'?%"('&-.,& H(-(&*,(%&7(-1,%&0(&1"0(&%"*,'*(&!"&".%&-(&;(,#(;(5&#'&,('-%*+6%3&;("*,1&#+&'1&7.,5(8&[%)1-&;.5("%*&
%',&01$1-&%'&#1".2*%"6+&0(&#(('&#(&/(0(8&C(.)(@%,('&0%"*,(&/+F1-&1"1%&!"*,1;'*&2%&'-Z1"1%&01$&;,./%"(& 5'%&)1)&(&.&7.,5'6%(&',*%7%#%'-+&0(&1"0(&/%F1'-(&)1@%(#*%/(3&;,.01)(&!"&)#.;&0(&54"?4%(,(3&,(#,('6%(3&
0%"&"'*1,'&0%7(,%*+&'&1"0(-.,8 0()7+*',(&(*#8&P,(#1*1-&*(&7',5(#+&*.*0('1"'3&;("*,1&#+&0%"&(-&):'1&()*.5;'*&01,(,%-(&2%&"1:6%&5'%&/%"&
I2&;1*('&F%#(&#+&1"(-(&)1"*&1"0(&5'*(,%'-(&2%&#(-(-'-*(&:&1"0(&);%,%*1'-(8&!"&0(7%"%*%/&0(.)(@%,('&#.")*+& !"&5%"*(&0(#4*&;-+#(,%-(8
!"&-1"?%5('&0(&1"0+8&T"0(-(&;-(#'*(&0(&-'&5'*(,%'&7%F%#+&:&*,1;1-&5%"(,'-1-1%3&/(?(*'-1-1%3&'"%5'-1-1%& !"&/%)(&)(&','*+&.,%&*,(#1*1-3&.,%&/%%*.,1-8&9,(F("*1-&"1&(&*,'01#*%@%-&;("*,1&#+&(-&01,('F+&"15'%&.&
2%&.51-1%&:&)1"*&(5'"'6%%&'1*.5'*(&)'1&%"/.-1"*',(3&"15%*(&.@%(#*%/(8&T"0(-(&;-(#'*(&0(&-'&1"&01$& )(#1"0+8&!"& ?("(,'-3&/%)(-(&)( &,(7(,+&5'% &51-*&-'& *,(#1*3&#1&*.'*(&)#("(-(&*,+%*(& 2%&1%*'*(8&J15'%&
)1"*&;,.01)(&/.-1"*',&2%&%"*(-%?("*3&"15%"01:-(&)1@%(#*%/(8&K+&,(#';%*1-+58 *,(#1*1-&;.'*(&0(/("%&.@%(#*%/8&T"&*4"+,&/%)('F+&#+&)*+&0(&/.,@+&#1&.&*4"+,+&"(#1".)#1*+8&I/(5&0(&'&
I1F1-&);%,%*1'-&)(&;,.01#(&#."#.5%*("*&#1&#(-&7%F%#8&H'&"'*1,+&)1"*&0(.)(@%*(3&0',&'54"0.1+&)(& 7'#(&#1&.&,('-%*'*(&);%,%*1'-+3&#+#%&()*(&7%?1,'&;(,).'"(%&#1".)#1*(&7.',*(&@%"(&!"&'-*+&/%'6+3&0',&1%*'*+&
%"*(?,('F+&!"*,:1"1%8&G'&7(-&2%&;("*,1&/+F8&[+F1-&7%F%#&)(&)1;,';1"(&;()*(&/+F1-&;)%$%#&2%&.51-&/(0(& !" & ;,(F("*3 & . & #1".2*%"6+ & /(#$( & 0%" & '-*( & *%5;1,% & 2% & 6+,%3 & ;,(F("*'*+ & ;,%" & 1"0( & /%F1'-( & )1@%(#*%/(8&
#(('&#(&(L%)*+&!"&-15('&!"#."=1,+*.',(8&C1$1-&5'%&',(&1"&/+F&*.*'-&2%&%"*(,"&)'1&)1@%(#*%/8 [%%*.,1-&"1&)(&;.'*(&',+*'&0(#4*&#(-&51-*&;,%"&)%5@.-1,%8&S-&"1&;.'*(&7%&;,(F("*'*&!"&5.0&.@%(#*%/3&'2'&
J.%3&01$1,%-(3&'/(5&'1F1-&2%&/+F1-&01@-18&P.'*(&1"0(-(&).)%*(&0(&-'&(L*(,%.,1-&#.,;1,%-.,3&';',6%"4"0& #15&)(&/'&;(*,(#(8&[%'6'&.51-1%&)(&0()7+2.',+&;(&0.1+&#+%3&01;+&#15&/'&0(#%0(&-%@(,1-&)+1&',@%*,18&
-15%%&7%F%#(3&-(&"15%5&1"5(&2A%(#*%0(9&P.'*(&1"0(-(&/("%*(&0%"&%"*(,%.,1-&#.,;1,%-.,&-(&"15%5&1"5(& [%)1-&/%"(&*.#5'%&!"&5.5("*1-&#4"0&(2*%&!"&;,('=5'&-1+,%%&0(#%F%(%&0(&'&';1#'&;(&1"'&0%"&#+%-(&
)1A%(#*%0(9&J15'%&#.,;1,%-(&;,(/+F1*(&#1&.&'"15%*+&%"*(-%?("6+&;.*&;,.01#(&1"0(&)1@%(#*%/(8 ;,(/+F1*(&!"&0()*%"1-&*+18&I5@(-(&#+%&01#&-'&'#(-'2%&,(F1-*'*3&0',&1"'&/'&7%&;-%"+&0(&?$%5;%3&%',&
T"&);%,%*&;.'*(&(5%*(&2%&;(,#(;(&.&1"0+&)1@%(#*%/+3&0',&!"&'#(-'2%&*%5;&;.'*(&'/('&2%&1"&/+F& #('-'-*+&:&;,()+,'*+&#1&7-.,%8&a&#'-(&*(&/'&;1,*'&;,%"&'5+,+#%1"%&2%&01,(,%3&%',&;,%"&#('-'-*+&/(%&'/('&
.@%(#*%/8 &S- &;.)(0+ & 0.1+&7'#1-*+6%A&<8&0( &'&(5%*(&%"/.-1"*', &1"0(&.@%(#*%/(Q&V8& 0(&' & (5%*(& 1"0(& -%"%2*(3&51-615%,(&)'1&#$%',&@1#1,%%8
/.-1"*',(&)'1&)1@%(#*%/(8 z%:'5&)#$%6'*&#4*(&#(/'&0();,(&/%)(3&0',&7(".5("1-&/%)1-1%&()*(&51-*&5'%&#.5;-(L&2%&"(#()%*+&
a&;-'"*+&:&1"&)*(=',&@+*,4"&:&/'&(5%*(&1"0(&.@%(#*%/(3&'-(&*,1;1-1%&)+1&/(?(*'-3&0',&/'&(5%*(&2%& )*10%%&;,.71"0(8
1"0(&)1@%(#*%/(3&-.#'-%F'*(&!"&?$%"0+3&1"0(&/.,&)*'&!"&7'6'&01$1-1%&(%3&')(5("('&1"1%&;,.?,'53&#'&
(5@,%."1-&)+&2*%(&#(&*,(@1%(&)+&7'#+&;("*,1&'&;,.01#(&1"&'-*&)*(=',8
T"0(-(&01$1-1%&/(?(*'-&0%7(,+&0(&1"0(-(&01$1-1%&15'"8&U%"(,'-(-(&"1&;.*&(5%*(&0(#4*&1"0(&
.@%(#*%/(3&;("*,1&#+&1"0(-(&)1@%(#*%/(&,(#-'5+&1"&)1@)*,'*&%"*(-(#*1'-&'##("*1'*8&9-'"*(-(&(5%*&5(,(1& I).#%(,%-(&);'6%'-(
1"0(&.@%(#*%/(3&2%&"15'%&#4"0&0'1&"'2*(,(&-'&)+54"6+3&(5%*&2%&1"0(&)1@%(#*%/(3&#1&)#.;1-&0(&'&)(,/%&
(5@,%."1-1%&#'&;-'"&'-&(/.-16%(%&)'-(3&,(;,.01#4"0&.&;-'"*+&-'&7(-&#1&;-'"*':5'5+8
SL%)*+&#'F1,%&#4"0&01$1,%-(&;.*&)%-%&;-'"*'&)+&(5%*+&1"0(&)1@%(#*%/(&2%&!"&'-*(&!5;,(=1,+,%&0(#4*& K1"*&'%#%&0(&51-*&2%&'2*(;*'5&)+&0(/%%&-%@(,3&#'&)+:6%&/.,@()#8
#(-(&!"&#',(&0+&"'2*(,(&-'&)+54"6+8&I*1"#%&;-'"*'&/'&,(;,.01#(3&#%"(5'*.?,'7%#3&*.'*(&7'F(-(&)'-(A&0(&-'& 9,%" & /.,@(3 & )1?()*%%3 & #."01#(5 & -15('8 & H4"0 & #1/4"*1- & "1 & #."/%"?(3 & ';-%#+5 & 7.,6' & ')1;,'&
)+54"6+&;4"+&-'&#.;'#1-&@+*,4"8&C1$1-&0%"&7'6'&'#()*1%&#.;'#&')%)*+&-'&;,(F("*',('&7-1%0%#+&'&;-'"1-1%& ,(#'-#%*,'"6%-., & /.2*,% & 2% & '% & ".2*,%8 & o%,(2*(3 & !"*4% & !"#(;(5 & #1& /.,@' & @1"+3 & '*,+?4"0 & '*("6%' & ')1;,'&
/%%*.,&0(&0(F/.-*',(&'-&(5@,%."1-1%8 1,5+,%-., & -(?%-., & )#,%)( & !" & 1"%/(,)3 & 2% & 01;+ & '#((' & '2*(;*+53 & -+)4"01:% & *%5; & )+ & )( & #."/%"?+ & 0(&
G'& '"%5'-(&!"*4-"%5&*.*&0.1+&7(-1,%&0(&1"0(A&)1@%(#*%/(&2%& .@%(#*%/(8&T"0(-(&.@%(#*%/(& ','*+& %5;.)%@%-%*'*('&0(&'&)(&.;1"(&-(?%-.,&%")*%*1%*(8&p%"(!"6(-()3&!"?+01%"6'&',(&.&-%5%*+8
7.,5'&*,1;1-1%&2%&'&;(,%);%,%*1-1%8&T"0(-(&)1@%(#*%/(3&#'&2%&-'&;-'"*(3&','*+&#%"(5'*.?,'7%#&*.'*(&7'F(-(& K+&2*%%&#+&!"&'7',+&0(&)1?()*%(3&0%);1"(5&0(&7.,6'&"(#()',+&0(&'&%5;1"(&-(?('8
0(F/.-*+,%%&'"%5'-1-1%3&0(&-'&"'2*(,(&;4"+&-'&5.',*(8&H1&#4*&'"%5'-1-&()*(&5'%&(/.-1'*3&#1&'*4*&:&!" R")*,15("*1-3&7.,6'&#',(&!"#./.'%(&/.%"6'&.,%#+,1%&01$&()*(&*.*&1"&7-1%03&%',&01$1-&.;(,'*.,&'-&
'#()*.,&7-1%0(&()*(&1"&5',(&#1".)#+*.,&!"&54"1%,('&-.,3&-1#,4"0&7+,+&)+&7%(&/+F1*8
VTV ?271"%#+,%&5%"&?(, VTW
>%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&:&F&521'&#',*(

J15'%&.,0%"('&;(,5%*(&0(,1-',('&7+,+&.;,%,(&'&(/.-16%(%8&!"&/(0(,('&(/.-16%(%&".,5'-(3&01$1,%-(& C',&!"6(-(?(,('&%1@%,%%&*,(@1%(&)+&5(',?+&2%&5'%&0(;',*(8&a51-&/'&*,(@1%&)+&'%@+&5%-+&0(&.,%#(&
):'1&#.")*%*1%*&!"&;',*%0(3&').#%(,%&);%,%*1'-(8&o%(#',(&%"0%/%0&0.,(2*(&)+&'=1"?+&7(,%#%*3&0',&#.")*'*+& '"%5'-3&;("*,1&#+&2%&'#()*'&()*(&.;(,'&'#(-1%'2%&H,('*.,&#',(&<:'&"+)#1*&2%&;(&(-8&a51-&/'&*,(@1%&)+&
#1,4"0&#+&)%"?1,&"1&;.'*(&7%&7(,%#%*3&!"&5%=-.#1-&"(7(,%#%6%-.,8&U("*'-1-&01$1-1%&:&-%@(,&)'1&!"*,1;'*&:&)(& %1@(')#+&7-.,%-(&#45;1-1%3&#.;'#%%&;+01,%-.,Q&#1&'-*(&#1/%"*(3&*.*&#(&*,+%(2*(3&#+#%&*.6%&)1"*&7,'6%%&)+%&
-15%"('F+3&!"6(-(?4"0&#+&"15'%&;,%"&').#%(,(&)(&;.'*(&'=1"?(&-'&6(-1-&0.,%*8& C1$1-&/(0(&#-',& #+& 5'%&5%#%8&P.6%&)1"*&#.;%%%&P'*+-1%&2%&;,%"&)*+,%-(&-.,&'5&*,(#1*&2%&".%&.0'*+3&#1&51-*(&5%-%',0(&0(&'"%&!"&
%"0%/%01'-%)51-3&(?.%)51-3&()*(&.&;%(0%#+&!"&,('-%F',('&"+F1%"6(-.,&)'-(&2%&#+&"15'%&'-*,1%)51-&!%&;.'*(& 1,5+3&;(&'-*(&;-'"(*(3&0%);+,1*(8
')%?1,'&,(12%*'8&!"&-15(&(L%)*+&0.1+&(/.-16%%A&%"5%0%51'8+&2%&)2#%'8+9 G'&!"#(;1*&("*%*'*('&%1@(2*(&0%"&%"*(,()3&';.%&0%"&.@-%?'6%(3&'=1"?4"0&)+&%1@(')#+&0%"&#."/%"?(,(3&
G'&!"#(;1*1-&#,(+,%%&)'-(3&01$1-&(&*,%5%)&;(&.&;-'"(*+&%"7(,%.',+&'&1"1%&1"%/(,)3&-%;)%*+&0(&/%'6+& 0%"&7(,%#%,('&;,.01)+&0(&'=1*.,',('&#(-.,&0%"&=1,1-&)+13&!"6(-(?4"0&#+&*.6%&7'#&;',*(&0%"&5',(-(&P.*Z
).#%'-+3&1"0(&01$1-&!"*,1;'*&!2%&01#(&(L%)*("6'&%"0%/%01'-3&(-&7%%"0&0(&1"&(?.%)5&7(,.#(8&G'&*%5;1-& K1@-%51-&R)1)&);1"('A&iR1&3%&#1&d'*+8&1"'&)1"*(7k9
)*'@%-%*3&'#()*(&01$1,%&)1"*&*,(#1*(&=m(&'-*(&;-'"(*(&0(&1"&?,'0&5'%&,%0%#'*3&1"0(&(?.%)51-&-.,&'-1"(#+& H15&(,'&)+&);1"+&'-*7(-&'#()*&)*,+-1#%*.,&C1$3&#4"0&S-&'&;-(#'*&0%"&K7(,'&0%/%"+&2%&#4"0&!"&
12.,&);,(&).#%'-%F',(&2%&'-*,1%)58&R"&7%"(3&;(&1-*%5'&*,(';*+&'&;(,7(#6%1"%%&15'"(3&01$1-:.5&0(/%"(&#1& ".';*('&5%-%',0(-.,&0(&'"%&#(&/.,&/("%&)(&/'&!"*.',#(&-'&P'*+-&2%&/'&7%&1"'&#1&S-8
*.*1-&%1@%*.,&0(&)(5("1-&)+18&S-&"1&5'%&;.'*(&*,+%&0(#4*&!"&).#%(*'*(3&'=1*4"0&;(&#4*&;.)%@%-&#'&*.6%&0%"& P,(;*'*3&("*%*'*('&);%,%*1'-+&)(&0(2*(';*+&0%"&).5"1-&!"&#',(&'&7.)*&'04"#%*+&0(&;,%51-&F(1&0%"&
;',*%01-&)+1&)+&;,.?,()(F(&#4*&5'%&,(;(0(&2%&5'%&@%"(8&C',&'1&*,(#1*&)1*(&0(&5%%&0(&'"%3&;("*,1&#'& U'5',3&%',&;,%"&51"#+&'5',"%#+3&#(&;',(&.&(*(,"%*'*(3&!2%&0.@4"0(2*(&2*%%"6'&#(:%&71)()(&/.'-'*+8
01$1-&)+&'=1"?+&0(&-'&/%'6'&)%"?1,'*%#+&-'&/%'6'&).#%'-+8 P.6%&!"?(,%%&'7%,5+A&BU%&):'&-1'*&2%&5%(&.0'*+&2*%%"6'3&0',&P'*+-&'&)+0%*:.&!"&-15(&2%&".%&'5&#%*%*:.&
S/.-16%'&01$1-1%&()*(&!"&71"#6%(&0(&;1*(,('&/.%"6(%&)'-(8&H15&7'#1-*'*('&/.%"6(%&"1&()*(&(?'-+&-'& 0%"&.;(,(-(&K'-(&2%&'5&'7-'*:.&0(&-'&5',%%&K+%&K-1=%*.,%E8
*.'*(&01$1,%-(3&)(&!"6(-(?(&#+&2%&(/.-16%'&-.,&/'&7%&%"(?'-+8&T"(-(&/.,&7%&5'%&'/'")'*(3&'-*(-(&/.,& I0(/+,1- &'0(/+,'* & '& 7.)*3 & ()*( & 2% & /' & 7%& 1,5+*.,1-A &>1$181% & "1 & %& )( & %' & "%7%#/ & #% & "17'% & % & )( &
,+54"(&-'&1,5+8 !"*1"(#+/&%&)(&'52',7(&7(72,%'&#1"23*%".(82,&)'8(/&%&)(&4,251#(&2&'7"(M%(/&3%&#'&1,7',(&1%*+&4("*,1 &
C1;+&#(&%&):'&!5@,.@.0%*&2*%%"6'&0%/%"+3&;',*%#1-'&0%/%"+&'&;.,"%*&!"&-15(3&#'&)+&(/.-1(F(&!"& 1"&*%74&*2*&#(&3*%'&5(&4(&#E"5&(,'&!"&)E"18&d'*+81%&#("*,'89
/(2"%#%(3&7+,+&.;,%,(8&H4*&*%5;&/'&#+-+*.,%&!"&-15(3&01$1-&/'&!"/+6'&2%&/'&7%&!"/+6'*&0(&5'%:5',%%&)+%8& [+F4"0 & 2% & )*10%%"0 & .;(,(-( &P'*+-1% & )+1 & #(,()#3 & #('6' & 1%*+,%% & )( & ,%0%#+ & *,(;*'* & 0(& ;( & 5(5.,%'&
J(2*%1*.,&'&7.)*&*,%5%)3&2*%1*.,&)(&/'&!"*.',#(&!"&)4"1-&P'*+-1%8&C%"&K7(,':U'5',&'&;-(#'*&01$1-:#.;%-& 01$1-1%3&'5%"*%"01:2%3&,4"0&;(&,4"03&2*%%"6'&#1&#',(&):'&"+)#1*8&P,(@1%(&51"#+&';,%?+3&0(&.&/(2"%#%(3&
2%&)(&/'&!"*.',#(&01$&@+*,4"&0(&'"%&2%&!"6(-(;#%1"(3&"()*,+51*'*&!"&/.%"6+&2%&#1&1"&@'?'=&1,%'2&0(& ;("*,1&#'&;(,7(#6%."4"01:)(3&)+&)(&)%5*+&7(,%#%*&0(&#4*(&2*%(&2%&;.'*(3&7'6+&0(&%"7%"%*'*('&0(&01$1,%&
#1".2*%"6(&,(7(,%*.',(&-'&*.*&#(&'&#,('*&P'*+-&)+1&;4"+&'*1"#%8&C1$1-:.5&;-('#+&!"&-15(3&!"/'6+&2%3&0(&-'& %?".,'"*(&)'1&%"7(,%.',(&0%"&=1,1-&)+18&C'#+&01$1-&(,'&;(,7(#*3&2*%1*.,&0%"&#';1-&-.#1-1%3&',&7%&7.)*&
.&/,(5(&:&#(&;.'*(&!")(5"'&)1*(&0(&5%%&0(&'"%&:&)(&!"*.',#(&-'&H("*,1&;("*,1&'&;-(#'&0%"&".13&#1&.& *("*'*&)+&0%/1-?(&0%"&)(#,(*(-(&P'*+-1%8&C'#+&!"&@'F'&#1".2*%"6(-.,&)'-(&',&7%&;.)(0'*&5',('&7.,6+&'&
".1+&5%)%1"(3&;("*,1&.&2#.'-+&2%&5'%&!"'-*+8&!5;+,+6%'&P'*+-1%&()*(&;-%"+&0(&0%7(,%*(&2#.-%3&;(&#',(& 0%/%"%-.,&H,('*.,%3&@'F4"01:)(&;(&2*%%"6'&2%&'*.*;1*(,"%#%'&)'3&',&7%&;,.#(0'*&-'&#,('6%%&7+,+&;,('-'@%-'&
01$1-&*,(@1%(&)+&-(&#(,#(*(F(&2%&0()+/4,2(')#+8 !"/.%,(&'&P'*+-1%3&01;+&#15&):'&!"*45;-'*&#1&5',%-(&2%&)*,+-1#%*.',(-(&o.,6(&#(,(2*%&#+F1*(&0%"&?-.,%'&
C1$1-&#%,#1-+&;,%"&-15(&#'&.&?-.@1-+&0(&)4"?(8&S-&;-('#+&0(&-'&H("*,13&0(&-'&R"%5'&-15%-.,3&)(& -.,3&)#171"04"01:)(&!"&'@%)1-&1%*+,%%3&0(&"1&5'%&2*%1&#%"(&'1&7.)*&2%&#(&;1*(,%&'1&'/1*8
01#(&;4"+&-'&(L*,(5%*+6%-(&-15%-.,3&'&*,1;1-1%&0%/%"3&!"*.,#4"01:)(&-'&R"%5+3&-'&H("*,18&P.*&#(&'&#,('*& G15%-(&'1&7.)*&#,('*(&;(&@'F'&5%)*(,(-.,8&P.*&#.)5.)1-&'&7.)*&.,?'"%F'*&!"&*+#(,(&0(&P'*+-&#("*,'-8&
P'*+-3&;4"+&'F%3&)1"*&#(-1-(-(&*,1;1-1%&K+18&o-1%0(-(&!"&#',(&!".'*+&*.'*(&)*(-(-(&2%&;-'"(*(-(&',&7%& a&516("%(&'@).-1*+&(,'&!"&=1,1-&P'*+-1%&#("*,'-8&C1;+&51-*&*%5;3&*,(;*'*&2%&!"*,:.&7.',*(&5%#+&5+)1,+3&
;-')5'&)4"?(-1%&P'*+-1%3&%',&#1,("6%%&#.)5%#%&:&.L%?("1-&2%&$,'"'&*,%5%)+&0%"&K7(,'&0%/%"+&-'&*.'*(& P'*+-&0()*+%"1%(&0%"&)(#,(*1-&.;(,(-.,&K'-(&5',%-.,&K+%&o%%3&N1/(,"'*.,%&0(&).,%&2%&;-'"(*(8&I#('*)*+&
#(-1-(-(&K'-(8&C1$1,%-(&#.,();1"0&?-.@1-(-.,&0(&)4"?(&#',(&!"*,(6%"&/%'6'&#(-1-(-.,&0%/%"(&:&;-'"(*(&2%& '*%*10%"(&'&o%%"6(%&;,%5(3&'#(')*+&*+#(,(&'&7.)*&'0.;*'*+&0(&5',%-(&o.,6(&#."01#+*.',(&0(&)*(-(&2%&:;(&
).,%8&P'*+-&',(&1"&*,1;&%"#.5(")1,'@%-3&#.5;1)&0%"&7,'?5("*(&#',(3&-'&,4"01-&-.,3&!"&1-*%5+&'"'-%F+& #'-(&0()#("0("*+&:&0(&*.'*(&01$1,%-(&#1".)#+*.',(&'&#(('&#(&)(&'7-+&;,%"&);'6%18
)1"*&01$1,%8&R"%6%'-3&!"&%?".,'"6'&-.,3&01$1,%-(&'1&*("0%"6'&0(&%"0%/%01'-%F',(3&;,./.#4"0&0(F.,?'"%F',('& C1$1,%-(&#1".)#&5'%&51-*&0(#4*&!"*,1;'6%%3&0',&-(?('&*+#(,%%&2%&'&;,('-'@%-(%&!"/.%,%&-(&!5;%(0%#+3&
#(-1-(-.,&0%/%"(8&I*1"#%3&/%"(&-(?('3&#1&;1*(,('&[.%"6(%&0%/%"(3&%5;1"4"0&').#%(,('3&).-%0',%*'*('3&2%& )1@&)'"#6%1"('&;(0(;)(%3&)+&/.,@(')#+&!"*,1;'*1-1%&0();,(&#(&'&7.)*3&()*(&2%&/'&7%8&a&#("F1,+&/(2"%#+&2%&
*.*1-&)(&5("6%"(&'2'&#15&/,('&1"%#1-&K1/(,'"&'-&-15%-.,8 )(/(,+&(L%)*+&!"&H(,8&J1&;.6%&/.,@%&.,%#(8&J1&;.6%&#.51"%#'&.,%#4"0&2%&.,%#1%8&C'#+&":',&7%&'#(')*+&
C.5"1-&".)*,1&R)1)&'&);1)A &i=1A(3*(6.%&'4,2'4(8(&#'4(&*%"(&!")1.%9&=1A(3*(6.%&#$%',&3%&5137'"18k9 & ,(?1-+3&*.*1-&',&7%&7.)*&0%)#1*'*3&#,%*%#'*&)'1&-+10'*3&2%&7.,6(-(&(L*(,"(3&0%"&1"%/(,)3&;.'*(&):',&7%&.;1)&
I#(')*+ & ,(#.5'"0',( & "1 & ' & 7.)* & . & )%5;-+ & !"/+6+*1,+3 & #% & ( & . & "(#()%*'*( & '@).-1*+3 & #(,1*+ & 0( & -(?('& o.,6(%&#("*,'-(&0%"&K7(,'&0%/%"+8&P.*1-&*,(@1%(&)+&7%(&.,?'"%F'*3&%(,',$%F'*&2%&).-%0',8&C'#+&"1&',&(L%)*'&
).-%0',%*+6%%&1"%/(,)'-(8&P.'*(&01$1,%-(3&*.'*(&;',*%#1-(-(&*,(@1%(&)+&7%(&).-%0',(&!"*,(&(-(3&;("*,1&'& -(?('&).-%0',%*+6%%&2%&-(?('&(/.-16%(%3&):',&7%&;1*1*&!"*45;-'&#'&51-*(&#,('6%%&)+&)(&!"*.',#+&-'&H("*,13&
5("6%"(&#,('6%'&!"*,:1"&*.*&1"%*',8&G'&!"#(;1*&01$1,%-(&5%#%&/.,&7%&.@-%?'*(&-'&'#()*&#.5'"0'5("*&;,%"& !"'%"*(&0(&*%5;1-&*(,5%"+,%%&2#.-%%&,();(#*%/(3&0%"&#',(&#'1F+&H("*,1-&):',&7%&0(F.,?'"%F'*&2%&(-8
#.")*,4"?(,(8&H4"0&0(/%"&5'%&!"6(-(;*(3&/.,&!"6(-(?(&7.-.)1-&'#()*(%&)1@-%5(&).-%0',%*+6%8&9,%"&1,5',(3& C,'?1- & 5(1 & 7,'*(3 & ".% & /+ & %1@%5 & "1 & 0%"*,:1" & %"*(,() & ;(,)."'-3 & #% & 54"'6% & 0( & ;,%"#%;%%-( & -(?%%&
1"%/(,)1-&()*(&*,1;&0%"&*,1;1-&0%/%"3&5("6%"1*&!"*,(?&;,%"&7';*1-&#+&7,'?5("*(-(&;-(#'*(&0%"&(-3&0(2%& (/.-16%(%&;,%"&).-%0',%*'*(8&H1&#4*&'/'")+53&#1&'*4*&)("*%5("*1-&'#()*(%&).-%0',%*+6%&()*(&5'%&;1*(,"%#8
)(;','*(3&7.,5('F+&1"&*.*3&;,%"*,:.&#."-1#,',(&;(,7(#*&).-%0',+8
H1 & *.'*(&#+ &).',(-( &()*(&0(;',*(&0( &;-'"(*(-( &)'-(3&)( & (L(,#%*+ &.&'*,'#6%( & ;1*(,"%#+& !"*,( & (-(3& $ $ $

7.,54"0&@-.#1-&)%)*(51-1%&".)*,1&;-'"(*',8&C(2%&)*(-(-(&)1"*&-'&0(;+,*+,%&%"#'-#1-'@%-(&1"(-(&0(&'-*(-(3&
)(&'*,'?&;1*(,"%#&!"*,(&(-(3&7.,54"0&.&1"%*'*(&:&)%)*(51-&)%0(,'-&)'1&1"%/(,)1-&".)*,18&H1&#4*&.&)*('3&1"& T"1-3&K1;,(51-3&#."01#(&1"%/(,)1,%-(8&T"1-&2%:'&').#%'*&0.%&)(#1"F%8&H1&(%&0(-%@(,('F+3&;("*,1&
)%)*(5&;-'"(*',3 &()*( &5'% &'/'")'*+ & ;(&)#',' & (/.-16%(%3&;1*(,('& (%&0(&'*,'#6%(& ()*( &5'% & 5',(8 & 9,%"& #'&.;(,'&;,.01)+&0(&S-&)+&0(/%"+&;(,7(#*+8&T"%*'*('&;.'*(&?,(2%3&0',&0(-%@(,',('&#1&'-&0.%-('&2%&'-&
1,5',(3&%"0%/%01'-%*'*('&()*(&';',("*+&!"&1"%/(,)3&;+,6%-(&-1%&7%%"0&;1*(,"%#&-(?'*(&!"*,(&(-(8 *,(%-('&0()+/4,2(2*(&.,%#(&.;(,+8&T"%*'*('&7'#(&.&.;(,+&%"7(,%.',+&7'6+&0(&#('&-'&#',(&'&#."-1#,'*&.&
o%(#',(&("*%*'*(&(/.-1('F+&;(&)#','&(%&2%&;(&5+)1,'&'/'")+,%%3&#1".'2*(&0%"&#(&!"&#(&5'%&'5+"1"6%*& #.-(#*%/%*'*(3&7%(&#4*&0(&,(01)+8&9("*,1&'&)(&7'#(&#(/'&;(,7(#*&2%&*,'%"%#3&)(&#(,(&!"=?$(@',('&1"(%&
-(?%-(&#(,(2*%8&9("*,1&01$1-:#.;%-&"1&(L%)*+&-(?(8&U'%&*4,F%1&(-&%'&#1".2*%"6+&0(&(L%)*("6'&1"(%&)%"?1,(& #.-(#*%/%*+6%&7.,5'*+&0%"&#(-&;16%"&*,(%&%"0%/%01'-%*+6%8&I#()*'&(&"1#-(1-&#(-&5'%&,(01)&0(&').#%(,(8
-(?%&:&F9&!"&0(#1,)1-&*%5;1-1%3&01$1-&'/'")4"03&'7-+&#+&-(?('&F&',(&'"(L'&'9&P%5;1-&*,(#(&2%&'7-+&2%&0(& G15('&01$1,%-.,&()*(&.,?'"%F'*+&!"&"1#-((3&'/4"0&#'&@'F+&"15+,1-&*,(%8&P,(%&("*%*+6%&'1&7.,5'*&1"&
'"(L'&A/&#1,4"0&'7-+&2%&0(&'"(L'&(L;-%#'*%/+&#&2%&'2'&5'%&0(;',*(8&C1;+&#(3&;,%"&;,'#*%#'&/%(6%%3&'&'7-'*& "1#-(18&o%(#',(&0%"&'#()*(&*,(%&("*%*+6%&;.'*(&#,('&'-*(&*,(%&"1#-((3&').#%%"01:)(&#1&#4*(&'-*(&0.1+&
*.'*(&');(#*(-(&2%&'"(L(-(&-(?%%&F/&!"&0,151-&)+1&(/.-1*%/&/'&'7-'&2%&0(&-(?('&B/&;,(F("*4"01:%:)(3&,4"0& ("*%*+6%8&G'&,4"01-&-.,33&7%(#',(&0%"&#(-(&2')(&("*%*+6%&".%&!2%&;.*&').#%'&'-*(&0.1+&("*%*+6%3&7.,54"01:)(&
;(&,4"03&)1@&*.'*(&');(#*(-(&2%&'"(L(-(&(%8&I)*7(-3&;(&5+)1,'&1,#+,%%&)'-(&!"&!"6(-(;#%1"(&2%&2*%%"6+3& 2')(&"1#-((&".%8&I&7.)*&1"&"1#-(13&):'1&7.,5'*&';.%&'-*(&X3&';.%&'-*(&^3&<V3&Vd3&dv&2%&'2'&5'%&0(;',*(8&
01$1-&'7-+&0(&-(?%-(&?/&>/&R&2%&'2'&5'%&0(;',*(8&K+&-1+5&1"&(L(5;-18 I)*7(-&)1"*&.,?'"%F'*(3&0(&)1)&!"&=.)3&*.'*(&;',*%0(-(&0(&01$1,%8
C%/%"1-&R)1)&'&F%)A&i=1A(3*(6.%&'4,2'4(8(k9&a51-&)%5;-1&/'&';-%#'&'#(')*+&-(?(&%1@%"01:2%&;+,%"6%%3& !"&/4,71-&1"(%&').#%(,%&)'1&;',*%0&"1&)(&'7-+&.&%"0%/%01'-%*'*(3&#%&!"*.*0('1"'&.&*,(%5(8&H(%&*,(%&0%"&
7,'*(-(3&).,'3&).6%'&2%&#.;%%%8&J1&!"6(-(?(&#+&*,(@1%(&)+&%1@(')#+&;(&@1@.)1-&2%&F0,("6+,.)1-&#(,2(*.,&0(& /4,71-&;%,'5%0(%&)1"*&("*%*+6%-(&#(-(&5'%&(/.-1'*(&0%"&*.*&;',*%01-8&S-(&0(-%@(,('F+&2%&-'&0(-%@(,',('&-.,&
-'&;.',*'&@%)(,%#%%8&C%"&/%'6+&!"&/%'6+3&".6%1"('&'#()*(%&%1@%,%&)(&-+,?(2*(8&I#15&!%&%1@(2*(&;(&*.6%&0(& "1&5'%&%'&;',*(&"%#%&1"&'-*&01$8
'#(-'2%&"('5&#1&(-8&!"&'-*(&/%(6%3&#4"0&5%-'&)(&/'&)+;'&'04"#&!"&(-3&;(&-4"?+&.51-&0(&'#(-'2%&)4"?(&#1& H'&)+&!"6(-(?(6%&5'%&@%"(3&/.%&0'&1"&(L(5;-18
(-3&/'&%1@%3&/+&'/('&5%-+&2%&/'&'=1*'&;(&.,%#(&.53&0(&.,%#(&,(-%?%(3&,')+&)'1&)*',(&).#%'-+&',&7%8&K7(,'& P,(%&7.,6(:("*%*+6%&'/&'/&'/&2%:'1&').#%'*&7%(#',(&#4*(&0.1+&("*%*+6%&A/&A9&o.,6(-(&A&)1"*&';,.';(&(?'-(&
%1@%,%%&)'-(&)(&/'&*.*&-+,?%3&;4"+&/'&#1;,%"0(&.,%#(&.5&0(&;(&'#()*&?-.@8 !"&2*%%"6+3&%"*(-%?("6+&2%&/.%"6+&#1&#(-(&*,(%&'/&0',&#1&*.'*(&'#()*('&"1&)1"*&'05%)(&-'&0(-%@(,+,%-(&-.,8&
H(-(&*,(%&'&/.,&0(-%@(,'&2%&$.*+,!3&%',&$.*+,4,('&-.,&()*(&5(#,(*68(-(&;("*,1&!"*,(?1-&;',*%08&I#(')*+
VTX >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&:&F&521'&#',*( ?271"%#+,%&5%"&?(, VTY

-(?(&/'&7%&,'*%7%#'*+&0(&*.6%&5(5@,%%&;',*%01-1%3&;(&#'-(&0()#("0("*+A&/'&7%&'0.;*'*+&0(&'AA/&'AA/&'AA] & K+&)-+/%5&;(&1"%#1-&P'*+&0%/%"


';.%&0(&7%(#',(&A/&!5;,(1"+&#1&'-6%&0.%&#&:&'0%#+&A(#/&A(#/&A(#]&2%&'2'&5'%&0(;',*(8
P,%@1"'-1-&)1;,(5&'-&;',*%01-1%3&#."01#(,('&)1;,(5+&()*(&7.,5'*+&0%"&#(%&*,(%&'9&C'#+&#(%&*,(%&0%"&
7,1"*('&;',*%01-1%&"1&)1"*&0(&'#(('2%&;+,(,(3&')1;,'&1"(%&0(#%F%%&.',(#',(3&)(&#.")*%*1%(&.&0(-(?'6%(&0(& 9(&*%5;1-&R5;(,%1-1%&c.5'"3&;,(.6%%&,.5'"%&6%"('1&#."7(,%"6(3&);1"4"0&#+&,(-%?%'&-.,&(&)1;(,%.',+&
0.1+);,(F(#(&("*%*+6%&(?'-(&!"&?,'08&H4"0&()*(&/.,@'&0(&=10(#',('&1"(%&("*%*+6%3&'#(2*%&0.%);,(F(#(&)(& #(-.,&'&;.;.',(-.,&0(&;(&'*1"#%8&U1-6%&0%"*,(&/.%&'6%&*,+%*&;(&'*1"#%&2%&'6%&#.")%0(,'*&'0(/+,'*(&#(-(&
/.,&;,."1"6'&')1;,'&)("*%"6(%&0'*(3&)'"#6%."'*+&0(&#(%&*,(%&0%"&/4,71-&;',*%01-1%8&9(&'#(')*+&@'F+& '7%,5'*(&0(&(%8&C',&1"0(&)1"*&*(5;-(-(&-.,D&H(&):'&7+#1*&#1&,(-%?%'&-.,D&I&0%);+,1*8&9("*,1&#(D&9("*,1&
*,(%5%#+&()*(&'-#+*1%*+&*.'*+&)17-',('&0(&01$1,%&0%"&1"%/(,)8 #+&)(&);,%=%"('&;(&0(#.,&2%&5%"#%1"%8
G'&7(-&)(&!"*45;-+&2%&'F%8&p10$%)*1-&'7%,5+&#+&,(-%?%'&-1%&,(/(-('F+&-15%%&*'%"(&5'%&;,.71"0(&0(#4*&
,(-%?%'&#,(2*%"+8&U1)1-5'"1-&#,(0(&#+&,(-%?%'&)'&(&)1;(,%.',+&,(-%?%(%&5.F'%#(8&9,.*()*'"*1-&'7%,5+&#+&
,(-%?%'& )' & ()*( & 5'% & (-%@(,'*+ &0(& 0.?5(& 0(#4*& '& #'*.-%#1-1% &(*#8& J15'%& ".%& 2*%5& '0(/+,1-A &d2'*(&
I#*%/%*'*('&01$1-1%&()*(&!")#,%)+&!"&(- ,(8%-%%8(&'1&#E*(&1"&"1#8(1&5(&'5(0+,/&5',&*2'*(&)1"*&8(-'*(&5(&7'*(,%(&3%&5(&0%'.'&7'*(,%'8+9&c(-%?%'&
".')*,+3&'&01$1,%-.,3&0.5"(2*(&!"&*.*&1"%/(,)1-8&S'&()*(&;1,&);%,%*1'-+3&2%&()*(&#1&'0(/+,'*&2*%%"6%7%#+8&
>*%%"6'&%"7%"%*+&'&#.)5.)1-1%&"(&01#(&-'&#1".'2*(,('&-(?%-.,3&2%&')*7(-&:&'&P'*+-1%&#(,()#3&1"&C1$&#'&2%&
<&.'*(&,(-%?%%-(&;+54"*1-1%&#."6%"&"1#-((&0(&'0(/+,3&'/4"0&!")#,%)(&!"&(-(&;,(#(;*(-(&5.,'-(&'-(& ".%3&@%"(!"6(-()3&#1&.&;1*(,(3&#1".'2*(,(&2%&!"6(-(;#%1"(&"(#1;,%")+&0(&".%8
-15%%&".')*,(8&C(&')(5("('3&*.'*(&01$1,%-(&'1&!")#,%)(&!"&(-(&5',%-(&;,(#(;*(&'-(&#.01-1%&5.,'-8 o%(#',(&.5&#',(&)(&/'&;1*('&0()#+*12'&0(&0(2(,*+#%1"('&#+,6%-.,3&'&@',%(,(-.,&2%&;,(=10(#+6%-.,&
C1$1-&()*(&.&)+54"6+&0%/%"+3&*,1;&0%"&*,1;1-&0%/%"&2%&#'&'*',(3&H,('*.,1-&'&;1)&!"&(-&.,4"01%,('& #,('*(&0(&.53&2%&/'&'0.;*'&%0(%-(&".')*,(3&/'&;1*('&);1"(&#+&)(&';,.;%(&0(&I0(/+,8
-15%%&K'-(3&2%&!"&'#(-'2%&*%5;3&'&!")#,%)&!"&01$&*.*&;,.?,'51-&;(&#',(&!-&',(&0(&0()7+21,'*&!"&-15(8&J1& R"*,4"0&!"&@%)(,%#'&#,(2*%"+3&5.F'%#1-&)'1&5'$.5(0'"1-&)(&5%"1"('F+&2%&"1:2%&;.'*(&(L;-%#'&
',(&"%#%&.&%5;.,*'"6+&#4"0&2%&!"&#4*&*%5;&',(&)+:<&(L(#1*(8&P'*+-&"1&',(&F%&2%&"1&',(&".';*(3&;("*,1&S-& ;("*,1&#(&'*4*('&%#.'"(&)'1&)*'*1%&0(&)7%"6%&-'&#',(&)(&!"#$%"+&#,(2*%"1-8&[%F%*4"0&*(5;-1-&(/,(%()#&2%&
"1&(L%)*+&*%5;3&'/4"0&-'&0%);.F%6%(&(*(,"%*'*('8 /+F4"0&;(,(6%%&?.%&2%&0.',&#4*(&1"&)(5"&)'1&/(,)(*&)#,%)&#1&-%*(,(&(@,'%#(3&#,(2*%"1-&/'&F%#(&!"&)%"(A&
P.*&#(&'&#,('*&P'*+-&0(&-'&!"#(;1*&2%&;4"+&'F%&(&*,1;1-&K+18&C(&'#()*&*,1;&%5(")&"1&"(&;1*(5&7'#(&"%#%& BH(&7(-&0(&@%)(,%#+&(&'#(')*'D&G'&;(,(6%&)(&!"#$%"+&.51-DE&R',&".%3&#',(&/+&#%*%5&?4"01-3&!"6(-(?(5&#+&
.&%0((8&C1$1-&()*(&.&;',*%#1-+&%"7%"%*&0(&5%#+3&1-*,'5%#,.)#.;%#+3&.&"%5%#'&*.'*+&7'6+&0(&'#(')*+&)7(,+& 5("*'-%*'*('&/.')*,+&',(&"(/.%(&0(&,(;,(F("*+,%3&0(&5'*(,%'-%F+,%8
%"#.5(")1,'@%-+8&H1&*.'*(&'#()*('3&P'*+-&#,(('F+&01$1-&01;+&'"15%*(&,(?1-%8&!"'%"*(&0(&':<&#,('3&!%& [.%&'6%&-1'*&#1".2*%"6+&0(&5',('&o.,6+&);%,%*1'-+&"15%*+&R)1)3&0%"&#%*%*(&)'1&'1F%*(3&0',&".%&!-&
)*'@%-(2*(&/%%*.,1-3&0()*%"1-3&-(?('3&2%&"15'%&01;+&'#(('&!-&*,%5%*(&!"*,:1"1%&0%"&1"%/(,)1,%8&a,0%"('& #1".'2*(5&;(,)."'-3&;("*,1&#+&G:'5&/+F1*&!"*,(&".%3&#'&01$3&2%&"(:'&7(,%#%*&#1&%0(%-(&K'-(3&#4"0&'&)*'*&
)*'@%-%*+&0(&H,('*.,&!"&-15(&'5&"15%*:.&#2518&72,'8&)'1&#2518&#(,()#9&!"'%"*(&0(&'&7%&*,%5%)&!"&-15(3& !"*,(&".%3&-15%"4"01:"(&#1&!"'-*'&K'&2#.'-+3&0();,(&5(,)1-&/%(6%%&0(&;,(*1*%"0("%8&J(:'&);1)&#+&'&7.)*&
!"&7%(#',(&01$&):'&!")#,%)&#.01-&5.,'-3&7+,+&0(&#',(&01$1-&',&0(/("%&1"&'"',$%)*3&1"&,+F/,+*%*&#."*,'& 0(&51-*(&.,%&;(&'#(')*+&;-'"(*+3&-'&.'5("%%&(L%)*("6%&'*1"#%&;(&9+54"*&2%&'7-'6%&'#15&;(&'-*(&#.,;1,%&
.,0%"%%&)*'@%-%*(&0%"&/(2"%#%(8 #(,(2*%&0%"&1"%/(,)3&2%&#+&/'&5'%&#.@.,!&;(&9+54"*3&;("*,1&'&0'&1"&".1&%5;1-)&!"6(-()1-1%&/%(6%%&2%&
P'*+-&;,.#(0('F+&-'&7(-&#4"0&#,(('F+&1"&01$3&1"&).',(&)'1&.&;-'"(*+3&;1"4"0&!"&(-(&*.'*(&7'F(-(& -(?%-.,&P'*+-1%&#(,()#8
;,%"&#',(&/.,&*,(#(8&o%(&#+&7'#(&1"&01$&#'&5%"(3&7%(&#+&7'#(&1"&).',(&5%#3&#'&'-&".)*,13&)'1&1"1-&1,%'23& SL%)*+&;,%"*,(&".%&01$1,%&/("%*(&1-*(,%.,&!"+-6+,%%&C.5"1-1%&!"&*,."1-&!5;+,+6%(%&K'-(8&S-(&"1:G&
P'*+-&!"#(;(&#1&'&`'-7'b3&'0%#+&#1&-(?('&2%&;,.?,'51-&;(&#',(&!-&/'&1,5'&".1'&#,('6%(8 #1".)#&;(,)."'-3&0',&0(01#&);-("0.',('&!"6(-(;#%1"%%&2%&?-.,%(%&K'-(&01;+&#1".2*%"6(-(&0.@4"0%*(&;(&
K+&%-1)*,+5&'#()*&7';*&#1&.&#.5;','6%(3&;("*,1&'&)(&/(0('&#+&;,.?,'51-&()*(&;,(/+F1*&;("*,1& ;-'"(*'& 0(&1"0(&'1& /("%*3&#1".)#4"0&'#.-.& 1"&'-*& N1/(,"'*.,& 0(&)%)*(5&;-'"(*',8& H15& 01$1,%-(&
*.'*(&)%*1'6%%-(8 ';,.;%'*(&!"&?,'0&'1&#1".2*%"6(&2%&.&)*,+-1#%,(&')(5+"+*.',(3&;,%"&0(01#6%(3&!-&#1".)#&2%&;(&N1/(,"'*.,1-&
P,1;1-&7(5(%%&#."6%"(&!"&(-&.,0%"('&7%F%.-.?%#+&'&71"#6%."+,%%&*1*1,.,&.,?'"(-.,&)'-(8&I#(')*+& )%)*(51-1%&".)*,18
7(5(%( & 0(/("%"0 & 5'5+3 & #.;%-1- & !"#(;( & )+ & )( & F+5%)-(')#+ & !" & ;4"*(#(-( & (%8 & 9,1"#1- & )( & 0(F/.-*+& J.% & 2*%5& #+ & U.2( &)'1& U.%)( & ()*( & !"*,1;',('& 1"1% &7%1& 0(&o%1 & 0( & C15"(F(13&')(5("(' & -1%& R.'"&
#."7.,5&0()*%"1-1%&)+13&#."7.,5&;-'"1-1%&#.")*,1#*%/&'-&5()'?(,1-1%&!"*,1;+*.,&2%&#."7.,5&5.2*("%,%%& p.*(F+*.,1-&2%&R.'"&S/'"?$(-%)*1-8&J.%&2*%5&51-*(&0(&7.)*(-(&-.,&/%(6%&.5("(2*%&;(&'#()*&;+54"*3&#+#%&
7%F%.-.?%#(&'&.,?'"%)51-1%&5'5(%&)'-(8&a,?'"(-(&)(&#,(('F+3&)(&'2('F+&2%&!2%&!"#(;&7%F%.-.?%'&!"&*,1;1-& ):'1&!"*,1;'*&0(&51-*(&.,%&;,%"*,(&.'5("%%&'#()*1%&;+54"*8&C',&;1*(5&/.,@%&.,%#1%&0();,(&'#()*(&
;,1"#1-1%3&#."7.,5&5.2*("%,%%&71"#6%."+,%%&.,?'"(-.,&5'5(%&)'-(8&R5(0%'*&01;+&(L;1-F',(3&#.;%-1-& *'%"(D&91*(5&)+&/+&);1"(5&*.*&'0(/+,1-D&J13&#%&*,(@1%(&)+&/%:<&!5@,+#+5&!"&$'%"'&#."#(;6%%-.,&2%&
2*%(&)+&)1?+3&;-+54"%%&:&)+&)(&157-(3&%"%5'&:&)+&@'*+3&2%&'2'&5'%&0(;',*(8 /%F%1"%-.,&/.')*,(&;+54"*(2*%8&J1&"(&()*(&!"?+01%*+&,(/(-',('&'0(/+,1-1%&;1,&2%&)%5;-18&C(&'-*7(-&/.%&
U'5'&'&#."*,%@1%*&-'&#,(',('&*,1;1-1%&".1-1%&.5&2%&'&!")#,%)&!"&(-&*.'*+&?'5'&0()7+21,+,%-.,& "%#%&"1&'6%&;,%5%&'0(/+,1,%-(&".')*,(3&#+#%&"1&;1*(6%&,("1"6'&-'&#1".2*%"6(-(&/.')*,(&')%5%-'*(&0(&#4"0&
(/.-1*%/(&'-(&.,?'"(-.,3&;,(#15&2%&'&71"#6%."+,%%&-.,8&C1;+&#,('6%(3&;,1"#1-&:&#'&2%&01$1-:#.;%-&:&2*%(& /:'6%&"+)#1*8&I2'&7%%"03&*,(@1%(&)+&;,.#(0+5&0(-%#'*&2%&*,(;*'*3&/.,@%"0&"15'%&#(-.,&#(&;,%"&?,'01-&-.,&
#4"0 & *,(@1%( & )+ & #(',+ & 0( & 54"#',(3 & )+ & 5(',?+3 & )+ & /.,@(')#+8 & C( & '%#% & !"#.-.3 & 01$1- & !2% & #."01#(& (/.-1*%/ & ;.* & ;,%5% & *'%"(-( & ".')*,(8 &I0(/+,1- & ".)*,1 & "1 & /% & )( & ;.'*( & 0' & 0(#4* & 0(F@,+#4"01:/+ & 0(&
%")*,15("*1-3&7+,+&)+&5'%&/%"+&5'5'&)+:<&!"/(6(&)+&7'#+&1"&'"15%*&'#*&7%F%.-.?%#8 ;,(=10(#+6%-(&/.')*,(&5'*(,%'-%)*(&2%&'0.;*4"0&,(-%?%'&H(,1,%-.,3&'&!"*,(?%%&#,('6%%&:&,(8%-%'&%1A%,%%9&[.%&
9,.?,'51-&7%F%.-.?%#&()*(&!")#,%)&!"&7%%"6'&)'3&!"&*,1;1-&;,1"#1-1%3&!"#+&0(&;(&#4"0&)(&7.,5'&!"& 1%*'6% & #+ & *.*1- & ()*( & !" & #1,) & 0( & (/.-16%(3 & 0( & ;(,7(#6%1"(3 & 2% & #' & '*',( & @%)(,%#' & *,(@1%( & )+ & (/.-1(F(8&
;4"*(#(-(&5'5(%&)'-(3&2%&)(&/'&0()7+21,'&;4"+&!"&F%1'&#4"0&*,1;1-&/'&*,(@1%&)+&5.',+8&I#()*&;,.?,'5& H,(0%"6'&)(&@'F('F+&;(&#1".2*%"6(3&0',&;-'"(*'&:&#1&*.*&#(&(&!"&=1,1-&(%&:&)(&;(,7(#6%."('F+3&')*7(-&!"#4*&
7%F%.-.?%#&()*(&0(;("0("*&0(&1"&'-*&;,.?,'5&:&0()*%"1-&01$1-1%&#',(&/'&1*%-%F'&*,1;1-8&P,1;1-&/'&7%&)-'@& 2%&#45;1-&#1".2*%"6(-.,&)(&-+,?(2*(8&H4*&.&)+&,+54"+&@%)(,%#'&!5;%(*,%*+&!"&'7%,5'6%%&#',(&"1&5'%&)1"*&!"&
)'1&;1*(,"%#3&@,1"(*&)'1&@-."03&',5."%.)&)'1&#1&5'-7.,5'6%%3&#."7.,5&0()*%"1-1%&01$1-1%8 #."#.,0'"6+&#1&2*%%"6'&*(,()*,+3&0',&"%#%&#1&#('&#(,(')#+D
!")+&'#*1-&"'2*(,%%&*,1;1-1%&';',6%"(&5'5(%3&7%%"0&!"&-(?+*1,+&#1&0'*'&#."#(;(,%%&)'-(8&G%@(,%&'1& a&)%"?1,+&)#1F+&'1&;,(.6%%&*1*1,.,&,(-%?%%-.,A&"(;1*4"01:)(&,%0%#'&;4"+&-'&!"+-6%5('&%0(%-.,&2*%%"6%7%#(3&
7.)*&;+,%"6%%&)+&B)(&%1@(')#+E3&)+&#."#(';+8&R'*+&1"&-%@(,&',@%*,1&';',("*&'-&#(-.,&0.%&.'5("%3&#+#%& 51-6%5('&',(&"(/.%(&0(&.&,(-%?%(&)%5;-+&2%&5'*(,%'-%)*+8&C%"&'#()*&;1"#*&0(&/(0(,(&;,(.6%%&'1&0,(;*'*(3&
!")+2%&0.,%"6'&1"%,%%&-.,&'&/("%*&0(&'%1,('3&0%"&-15('&"(/+F1*+3&#',(&'&#."-1#,'*&-'&!5;-%"%,('&.,0%"1-1%& 0',&*.*12%3&"1&-(&5'%&()*(&;(,5%)&)+&7'#+&'7%,5'6%%&#."*,',(&#1".2*%"6(-.,&?("(,'-(3&0(*(,5%"4"0&;(&.51-&
#'&1"&'"15%*&01$&)+&/%"+&;,%"&%"*(,5(0%1-&'#()*.,&0.%&.'5("%&!"&-15('&*,1;(')#+8&P'%"(-(&)1"*&5',%& #1-*&)+&,40+&2%&)+&)(&!"0(;+,*(F(&0(&#')'&C.5"1-1%3&*,'")7.,54"01:<&!"&'*(18
2%&@%(*1-&.5&*,+%(2*(&2%&(L(#1*+&'#*(&0%#*'*(&0(&7.,6(&"(#1".)#1*(&-1%8 H.")*'*4"0&'#(')*+&)%*1'6%(3&N1/(,"'*.,%%&;-'"(*',%&'1&$.*+,4*&*,%5%*(,('&0(&;,.7(6%&#',(&)+&-15%"(F(&
I)(5("('&;,1"#1-1%3&01$1,%-(&):'1&"+)#1*&!"&#.,;1-&P'*+-1%&2%&/.,&/%(61%&!"&(*(,"%*'*(3&!"&*,1;1-& ;,(.6%%&*(5;-(-.,8&a5("%,('&'#()*1%&?-.@&7%%"0&;.,"%*+&);,(&.&5',(&);%,%*1'-%*'*(3&):'1&#,('*&"15(,.')(&
K+13&)1;1)(&!"&/(#%&-(?%%&G1%8&I2'&7%%"03&01$1-&*,(@1%(&)+:2%&0('&)('5'&1"0(&*,+%(2*(3&)+&.@)(,/(&*.'*(& /(,%?%&!"*,(&H(,&2%&;+54"*3&5(0%15%&;,%"&#',(&H(,1-&!2%&);1"(&#1/4"*1-&2%&#$('5+&%"*(-%?("6'&2%&
)%*1'6%%-(&;',*%#1-',(&2%&0%"&(-(&)+&(L*,'?+&#."#-1F%%&?("(,'-(8&C(2%&()*(&.&%"7%"%*+&7+,45+3&*.*12%&01$1-& @1"1-:)%56&'-&51-6%5%%&#+*,(&2*%%"6'&);%,%*1'-+&'&S*(,"%*+6%%&2%&R"7%"%*1-1%8
()*(&1"&5%#&F(1&)'1&1"&(5@,%."&0(&F(18 C%"&#("*,1-&#,('6%%-.,3&#.,1-&5%-%',0(-.,&0(&H,('*.,%&)1"+&0%"&*,45@%6'&-.,&5("*'-+&!"&*.*&#.)5.)1-A&
J.%&*,+%5&2%&"(&5%2#+5&!"&5',(-(&*,1;&'-&P'*+-1%8&P'*+-&)(&!"*%"0(&;4"+&1"0(&"1&)(&5'%&'7-+&"%#%&.& B&N"18&(&d'*+89&N"18&(&!"#(41*18&*1*1,2,&#,('.%%82,&3%&'&"2')*,+9&S17'%&N"1%'&%&)(&#10%"(&*2'*+&)8'0' &
#,('6%(8&!"&*,1;1-&K+1&!".*+5&".%3&5%"1)#1-%&F(%8&P'*+-&:&'5&5'%&);1)&'-*+0'*+&:&()*(&7.,5'*&0%"&#';&2%& 3%&,1-'&02')*,+
*,1;8 & J.% & *,+%5 & !" & *,1;1- & P'*+-1%3 & 0(#% & ?-.@1- & ".)*,1 & *(,()*,1 & 7'#( & ;',*( & 0%" & *,1;1- & C%/%"%*+6%%8& P.'*(&,(-%?%%-(&*,(@1%(&)+&'01#+&)-+/%,(&2%&#4"*+,%&1"%#1-1%&H,('*.,&'-&*1*1,.,&H,('*.,%-.,&0(&-15%8&
I;',("6'&7'#(&)+&)(&#,('0+&#+&'#()*&?-.@&()*(&"(!")17-(6%*3&0',&"1&(L%)*+&"%5%#&!"&-15(&#',(&)+&"1&'%@+& J15'%&S-&(&!"&5+)1,+&)+&7'#+&*.*1-&2%&)+&"(&'=1*(&!"&:5(,)1-&".)*,18&J1&(&;(,5%)+&!"#$%"',(&2%&)-+/%,(&
/%'6+3&0(#%&2%&;+54"*1-&(&)1;1)&-(?%%&2%&'"(L(-.,&(%8 0(#4*&1"%#1-1%&H,('*.,8&I)*7(-&)(&;,.#(0('F+&!"*.*0('1"'&2%&7'6+&0(&.,%#(&01$8&J1&"(&!"#$%"+5
VTZ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"&?(,

VT[

N1/(,"'*.,1-1%&;-'"(*',3&'0%#+&)1;(,%.,1-1%&!"?(,%-.,&'#()*1%&?-.@8&J1&"(&!"#$%"+5&N1/(,"'*.,1-1%& #1".)#+*.,%-.,&2%&5.',*('&"1&5'%&;4"0(2*(&;(&%5;,10("*1-&0()*+%"1%*.,8&P.*12%3&*,(@1%(&)+&)(&2*%(&#+&
).-',3&5',(-1%&K;%,%*3&7.)*&R)1)3&;("*,1&#+&)1"*(5&7,'6%3&#.;%%%&P'*+-1%&#(,()#8&P.'*(&01$1,%-(3&5',%&2%& 0'#+&;,%"&;+-+/,+?('-+&"1:6%&5'%&;%(,F%&/%'6'3&/(%&)17(,%&'5',"%#&0'#+&'%&,+);4"0%*&"('1*.,%F'*&5',%-(&
5%#%3&-1#,+5&-'&.;(,'&T"%#1-1%&2%&#1&*.6%%&!%&0'*.,+5&)5(,("%(&2%&)1;1"(,(8&J%#%&1"1-&0%"*,(&".%3&.,%#(& *'%"(&#(,(2*%8
?,'0&',&'/('3&"1&;.'*(&7'#(&"%5%#&0(&-'&(-3&#%&"15'%&0%"&.,0%"1-&P'*+-1%&2%&;("*,1&.;(,'&K'8 9(&*%"(3&#',(&'%&;,%5%*&0%"&#(-(&5'%&)1@-%5(&#1".2*%"6(&'-(&'-#+*1%,%%&-15%-.,&%"/%F%@%-(3&*(&,1?+5&
a&,(-%?%(&5%".,+&',&;1*('&',?15("*'&!"&7.,5'&(%&5'*(,%'-%)*+&')*7(-A&B9(&T"1-&"1&G:'&/+F1*& )+&-(&;+)*,(F%&#1&)7%"6("%(3&;("*,1&#'&!5;,(1"+&#1&#(-(&#.51"%#'*(&!"&/%%*.,3&)+&#.")*%*1%(&1"&*.*3&0%"&
"%5("%8&S1&#1".)#&;(&H(-&#',(&'&7.)*&#."#,(*3&2%&0(#%&/%F%@%-8&H15&S-&"1&7'#(&"%5%#&#1&0(&-'&)%"(& #',(&)+&)(&/'0+&1,%'2'&.;(,+&'&K-+/%*1-1%&".)*,1&P'*+&1"%#8
;1*(,(3&#%&"15'%&'1*.,%F'*&0(&P'*+-&;(&#'-(&0()#("0("*+3&!")('5"+&#+&5+&;.*&,1?'&G1%8E P.'*(&01$1,%-(&#',(&'1&'#(-'2%&?,'0&0(&(/.-16%(&7.,5('F+&1"&?,1;&5'%&5%#3&"15%*&;')#%(9&P.*'-%*'*('&
C',&.&,(-%?%(&)1;(,%.',+&,(#.5'"0+&!"#$%"',(&"15'%&T"1-1%3&%',&"1&#(-.,&#(&)-1=()#&;(&T"1-8&c1?'& 7')#%%-.,3&0(&0%7(,%*(&?,'0(&#.")*%*1%(&1" &4',*%59 &o%(#',(&7')#%(&!2%&',(&;,.?,'51-&)+1&0(&-1#,18&G'&
".')*,+&()*(&'1F%*+&2%&0'*+&);,(&!5;-%"%,(&)-1=%*.,%-.,&P'*+-1%8&C%"&*,(';*+&!"&*,(';*+3&0()#("0("*3&;4"+& ,4"01-&-.,3&2%&;',*%0(-(&'1&*,(;*(-(&-.,&%(,',$%#(8&T"1-&(&5'%&)1)3&%',&'-*1-&:&5'%&=.)8
-'&5%"(3&)1"*&'=1*'*&;,%"&,(;,(F("*'"*1-&P'*+-1%3&1"&)1;(,%.,&'-&5(13&#',(:5%&!5;-%"(2*(&');%,'6%%-(&!"& G15('&01$1,%-.,&()*(&'-#+*1%*+&;(&?,'0(&%(,',$%#(8&T"&?,'0&)(&.@6%"(&01;+&.&/%(61%,(&0(&F(#%&0(&
"15(-(&P'*+-1%&#(,()#8 5%%&0(&'"%&;(&.&;-'"(*+8&I5&);1)&#+&;(&9+54"*&(L%)*+&;'*,1&?,'0(&0(&(/.-16%(A&?,'01-&01$1,%-.,&,.2%%3&
C(2%&"1&*(&'0,()(F%&c(;,(F("*'"*1-1%&T"1-1%3&*.*12%&S-&()*(&,();.")'@%-&0(&.;(,'&#(&%:'&!"#,(0%"6'*:.& ?,'01-&01$1,%-.,&'-@')*,(3&?,'01-&01$1,%-.,&'-@(&2%&?,'01-&!"?(,%-.,8&S/.-16%'&0%"*,:1"&?,'0&!"*,:'-*1-&
T"%#1-8&S-&#."01#(&"(@1-.')'&#(&R&):'&!"#,(0%"6'*3&#."7.,5&;-'"1-1%&;,(F("*'*&-'&;-(#',('&0%"&K7(,'& )(&7'#(&#1&5',(&?,(1*'*(8&9.6%&)+&7'#%&2#.'-'&)'1&)*'?%1-&;(&5'%&51-*(&;-'"(*(&2%&)+&"1&;.6%&*,(#(&0%"*,:
0%/%"+8&P.*1-&'&7.)*&;,(/+F1*&!"&'#(-&;-'"3&#$%',&2%&(/.-16%'&#(-1%&5'%&5%#&01$8 1"&?,'0&!"*,:'-*1-8&o%(#',(&?,'0&',(&5'%&51-*(&)1@?,'0(&)'1&*,(;*(8
!"&F'0',&*(:'%&,1?'&)+&6%&)(&!"?+01%(&)+&7'#%&'-*#(/'&0(#4*&#(('&#(&(&;,(/+F1*&!"&'#(-&;-'"8&a;(,'&2%& J.%3&01$1,%-(&'-@(3&'5&/("%*&'-@%&;(&9+54"*&2%&'5&1,#'*&!"&0(#1,)1-&#(-.,&';,.';(&V^8qqq&0(&'"%&
(/.-16%'&(%&"1&;.'*(&7%&.;,%*+&0%"&5(,)1-&(%3&0',&;.'*(&7%&!"*4,F%'*+&)'1&?,+@%*+8 1"'&#4*(&1"'&*,(;*(-(&)1;(,%.',(&'-(&?,'01-1%&".)*,1&0(&'-@%8&P.*&'2'&'1&/("%*&2%&01$1,%-(&,.2%%&2%&
P13&;,'7&5%#&;%(,01*&!"&'04"#1-&1"%/(,)1-1%3&#(&/,(%&)+&5'%&#(,%D&9("*,1&#(&-1#,1&)+&*(&5'%&,.?%3&#4"0& 01$1,%-(&'-@')*,(3&%',&#(%&/,(0"%#%&0%"*,(&(%&'1&1,#'*&*,(;*(&"15(,.')(&'-(&?,'01-1%&-.,8
*.*1-&'&7.)*&;,(/+F1*&!"&(/.-16%'&*'D&9.6%&*.*12%&)+&*(&,.?%&;("*,1&?,+@%,('&(/.-16%(%&*'-(&);%,%*1'-(8&c1?'& T"&01$&,.21&"1&;.'*(&'/'")'&;(&"%#%&.&;-'"(*+&;4"+&-'&?,'01-&0(&01$&'-@8&S/.-16%'&)(&7'#(&*,(;*'*3&
".')*,+&*,(@1%(&'0,()'*+&T"%#1-1%3&)%"?1,1-&!"&0,(;*&)+&;,%5(')#+&,1?'&01$1,%-.,&0(&;(&5%-%',0(-(&0(& #+#%&01$1-&')%5%-('F+&?,(1&#1".2*%"6(-(3&!"#.,;.,4"01:-(&2%&7+#4"01:-(&1"'&#1&7%%"6'&)'8
#.,;1,%&#(,(2*%8&R)1)&2%&U.%)(3&K-1=%*.,%%&P'*+-1%3&"1&'1&#(,1*&)+&-%&)(&'01#+&G.,&!"#$%"+#%1"(3&#+#%&)1"*& P,(#(,('&0%"*,:.&*,(';*+&!"&'-*'&)(&7'#(&!"&1,5'&1"1%&(L'5("&*,(#1*&#'&.5&!"*,1;'*&2%&';,(#%'*&0(&
G15%"%&;,('&)*,+-1#%*(&2%&#1".)#+*.',(3&#'&)+&7%&#(,1*&#(('&#(&"1&-%&)(&#1/%"(8&C1;+&0.1+&/('#1,%&0(&-'& )1;(,%.,%%&;',*%01-1%&0%"&#',(&7'#(&;',*(&01$1-8
;-(#',('&C.5"1-1%3&,(-%?%'&#,(2*%"+&'&)17(,%*&.&'-*(,',(&#',(&'&,(01):.&-'&%5'?%"%&2%&)*'*1%3&0',&#(/'&2%& K*10%%-(&*(.,(*%#(&)(&7'#&5'%&51-*&!"&H(,3&%',&;,'#*%#'&:&;(&;+54"*3&#'&.5&*,1;()#8
5'%&?,'/A&-'&1%*',('&!"#$%"+,%%&-'&T"%#1-8&I2'&):'&"+)#1*&;-1,'-%*'*('&,1?+#%1"%%&-'&*.'*(&)*'*1%-(&2%3&;(& C'#+&1"&01$&-%@(,&)'1&!"*,1;'*&'&?,(2%*3&!2%&/'&;-+*%&?,(2('-'3&0',&?,'01-&"1&%&)(&/'&-1'3&"1&/'&7%&
,4"03&-'&*.'*(&%#.'"(-(8&C%"*,:.&)%5;-+&.,"'5("*',(&'&*(5;-1-1%3&):'&'=1")&-'&,1?'&7+#1*+&!"&0,(;*1-& ,(*,.?,'0'*& ;("*,1&"%5%#& !"&-15(8&J%#%& !"?(,%%3&"%#%&N1/(,"'*.,1-&;-'"(*',&)'1&).-',&"1:%&;.*&-1'&
'#()*., & ;.0.'@(8 & C%" & );%,%*1'-+3 & #15 & ' & 7.)* & ;( & *%5;1- & ';.)*.-%-.,3 & ,(-%?%' & #,(2*%"+ & ' & 0(/("%*& ?,'01-3&0(.',(#(&'&7.)*&0.@4"0%*&;,%"&/%(6%&"("15+,'*(3&;-%"(&0(&)17(,%"6(&)'1&5(,%*(3&;(*,(#1*(&;(&
5'*(,%'-%)*+8 51-*(&'-*(&;-'"(*(&2%&'&7.)*&'#.,0'*&0(&'-6%&N1/(,"'*.,%&).-',%&2%&;-'"(*',%3&0(&;(&'-*(&)%)*(5(&).-',(8
C%"&0.,%"6'&;,%5%-.,&#,(2*%"%&0(&'&'*,'?(&;+?4"%%3&,.5'"%%&2%&?,(#%%3&.@%2"1%6%&#1&*(5;-(&-1L.')(3&):'& P(,5%"4"0&)*'?%1-&#(-.,&V^8qqq&0(&'"%&'%&9+54"*1-1%&2%&7+#4"01:2%&)4,?1%"#%.)&)*10%%-(3&01$1-&/'&
'=1")&-'&)*',('&'#*1'-+8&C%"&'#(')*+&#'1F+3&-15('&#1-*+&"1&5'%&'#.,0+&'*("6%(&*(5;-1-1%3&)'1&.&7'#(&0%"& ;,%5%&-'&;-(#',(&1"&?,'0&".13&'#.,0'*&0(&N1/(,"'*.,1-&".)*,1&).-',8&J(!"0(;-%"%"01:2%&0'*.,%'3&01$1-&
%;.#,%F%(3&5.@%-%F'*+&0(&#1,("*1-&51-6%5%%3&"1&0%"&#."/%"?(,(8&C(&'%#%&):'&"+)#1*&5'*(,%'-%)51-&2%& "1&'@).-/+&#1&@%"(&2#.'-'&'#()*(%&;-'"(*(3&2%&0,(;*&;(0(';)+&"1&%&)(&5'%&'0'1?+&"%#%&1"&'-*&?,'0&;()*(&
'*(%)51-&0(&'F%8 #(-&'/1*8&I#(')*'&(&c15(#'*'&#('&7',(&2%&5%0%"+&-'&#',(&)1"*&)1;1)(&01$1,%-(8
H # ' #

N,'0(-(&);%,%*1'-(&)(&0'1&0%"&;-'"(*+&!"&;-'"(*+ a,%#4*&'2&'@1F'&#'&01$&0(&-%@(,1-&5(1&',@%*,13&'#151-4"0&?,(2(-%&;()*(&?,(2(-%3&"1&5%&)(&;.'*(&
-1'&#(('&#(&5%&):'&0'*&!"&"15(-(&0%/%"1-1%&5(1&P'*+8&G1',('&1"(%'&0%"&7'#1-*+6%-(&#42*%?'*(&;,%"&
.@)(,/'6%%-(&2%&;,'#*%#'&/%(6%%&0(&01$&15'"3&!"&*%5;1-&;(,(?,%"+,%-.,&5(-(&;,%"&0%7(,%*(&;-'"(*(3&',&
x[-(*.0' & !"/+6+,%% & !"*,(@1%"6'*+ & !" & -15(' & ".')*,+ & ()*( & 1,5+*.',('8 & !"*,:1"' & 0%" & ;,(-(?(,% & )(& (#$%/'-'&#1&1#%0(,('&5('8&a,&"%#%&5+#',&C%/%"%*'*('&#,('*.',(&"1&2%:'&,(F(,/'*&0,(;*1-&0(&'&1#%0(&1"&
'"1"6+&'"15%*(&'0(/+,1,%8&G'&!"*,1"%,('&/%%*.',(&)(&,(;(*+&'#()*(&'0(/+,1,%&2%&-'&(-(&)(&5'%&'0'1?+& 01$8&P'*+-&2%:'&,(F(,/'*&"15'%&;-+#(,('&0(&'&#,('3&0(#,(*4"0&#+&"1&/'&0%)*,1?(&"%5%#&0%"&#,('6%(8
'-*(-(8&!"&/%%*.',(-(&;,(-(?(,%&)(&7'#(&1"&,(F15'*&0%"&#(-(&);1)(3&-'&#',(&)(&5'%&'0'1?+&'-*(&#1".2*%"6(8& P'*+-&#(,()#&'&#.51"%#'*&#4"0/'&#.;%%-.,&K+%3&;,%"&#,('6%(A &iR1&06'7&#,('*]&R1&0+&%1A()#/&0+ &
>%&'2'3&#'&1"&#.#.-.2&0(&F+;'0+3&#1".2*%"6(-(&)(&*.*&'01"+3&)(&,(;(*+&2%&)(&!"*,(?()#M 2#,2*()#/&5(#%&"1&0+&42*&1#%5(9&>'#+&R1&"1&42*&)+&0+&5%)*,1-/&8%A(,%&)1"*(.%&)+&0+&5();%%".'.%&02%&5%" &
9.;1-'6%'&'#()*1%&?-.@&()*(&7.,5'*+&0%"&%"0%/%01'-%*+6%&0(&0%7(,%*(&/4,)*(&2%&(/.-16%%&);%,%*1'-(8& 817('&51$1,%82,/&5(2',(#(&R1&'7&;+#1*&8(-('&!"'%"*(&5(&'&0+&#,('&4(&02%k9
C1$1,%-(&*%"(,(&!"*,1;'*(&"1&;.*&%"*,'&!"&-(?+*1,+&#1&".%8&C1$1,%-(&'01-*(&!"*,1;'*(3&'1F%"01:"(&)'1& C()7%%"6',(' & #' & 01$ & !")('5"+ & !"*.',#(,(' & ".')*,+ & !" & J%,/'"' & )'1 & )4"1- & H,('*.,1-1%3 & 7+,+ & )+&
#%*%"0&0();,(&".%3&/.,&#,(0(3&0',&)1;(,7%#%'-8&J15'%&01$1,%-(&@+*,4"(&!"*,1;'*(&"(&#,(0&2%&0.,()#& *(,5%"+5&2#.'-'&1"%/(,)1-1%8
-(?+*1,'&#1&".%Q&"15'%&-.,&-(&0()*+%"1%5&0%"&-15%-(&"(/+F1*(8 N,(-( & )1"* & -(?%-( & H,('*.,1-1%3 & 0', & .,%#4* & 0( & ?,(-( & ', & 7%3 & *,(@1%( & )+ & "( & )1;1"(53 & #+#% & "15'%&
S/%0("*3&-(?+*1,'&#1&".%& 2%&7(".5("(-(&;,.01)( &0(&-15('&".')*,+&)1"*&,',(3& 7%%"0&"15%*(&0(& )1;1"(,('&0(*(,5%"+&.,0%"('&2%&('3&-'&,4"01-&(%&:&;,.?,()1-8&SL%)*+&01$1,%&5'%&-("(2(3&5'%&"('*("*(3&
.'5("%&B;','".,5'-(E8&['&/("%&.&/,(5(3&!"0(;+,*'*+3&#4"0&(/.-16%'&'#()*1%&;+54"*3&;(&0(&.&;',*(3&2%& #+,.,'&!%&)(&;',(&#'&/%'6'&()*(&;,('&?,('&2%&-(?%-(&)1"*&0(&7%(,8&!"&0%);(,',('&-.,3&)*,%?+A&BC.'5"(3&/,('1&
(/.-16%'&;.;1-'6%(%&-1%3&;(&0(&'-*+&;',*(3&/'&7%&'*4*&0(&'/'")'*+3&!"#4*&*.'*+&-15('&/'&2*%&0(&".%3&/'&#,(0(& )+&5+&!"*.,#&-'&P%"(3&#+#%&;,('&?,('&!5%&()*(&;./','&-(?%-.,&P'-(8&J1&5+&5'%&)%5*&!"&)*',(&)+&*(,5%"&
!"&#(-(&);1)(&0(&".%3&%',&7(".5("(-(&B;','".,5'-(E&/.,&0(/("%&#4*&)(&;.'*(&0(&".,5'-(8 /,(.0'*+&2#.'-'&#(-.,&;'*,1&1"%/(,)1,%ME
K(&/.,&%"/("*'&';','*(&;,%"&%"*(,5(0%1-&#+,.,'&"(&/(6%&/(0('&)'1&/(6%&!",(?%)*,'&?4"01-&".)*,13& P'*+-&'&!"?+01%*&,(/("%,('&!"'%"*(&0(&*%5;&'&#(-.,&!"/%"2%&0(&-(?%-(&K'-(3&0',&!"&'#()*&#'F&(%&!2%&
;,.01#4"01:/+&5%,',(3&-'&7(-&#15&;,(0(#().,%%&/.2*,%&):'1&5%,'*&0(&';','*1-&,'0%.8&94"+&'*1"#%&)(& '"1-('F+&*.*&#(&'1&'#151-'*&;,%"&-1"?1-&#'-/',&'-&/%(6%-.,&"()74,2%*(3&*,+%*(&;(&0%7(,%*(&#.,;1,%&#(,(2*%8
#.51"%#+3&%#%:#.-.3&#4*(&#(/'&)1@&7.,5+&0(&;./(2*%&)'1&-(?("0(8&H(%&5'%&,%0%#'6%&-(&#,(03&#(%&"(#.;6%& i:(-%8(&J(8(&:&);1"(&P'*+-&:&)1"*&;+#1*(&)+&51,(M(&!"&0(#%%&0(#%82,/&5',&"1&42*&!74%(5%#'&,(0("%,(' &
,40&2%&-(&,();%"?&#'&7%%"0&%,('-%*+6%Q&!")+&-(&/.,&#,(0(&!"&'-*(&!"*,1;+,%3&#4"0&/.,&7%&2%&(%&5'%&;,(?+*%6%8 02')*,+&8'&J%"(/&!"'%"*(&5(&0,(7(9&S1&42*&!74%(5%#'&4(&7',%%&J(%&`%%&5%0%"%&#("*,'8%&#'/&!"&%"*(,()18 &
[4"*1-&%'&)(5%"6(-(&;+54"*1-1%&2%&-(&!5;,+2*%(&!"&*.'*(&;+,6%-(8&o%%&*13&0,'?1-&".)*,1&7,'*(3&/4"*1-& (L4(,%(".(82,&'*E*&5(&"(#()',(&4("*,1&R%/&)+&;'#+&*,'")71*',('&7'*(,%(%&5(&2,%1"5(9&R1&;'#/&;+,+&)+ &
%0(%-.,& ".')*,(3& )(5+"4"01:-( &')(5("(' & 1"., & )(5%"6(3 &!" & #(-(& ;'*,1& ;1"#*( &#',0%"'-(8 &T"(-( &/.,& 42*&5%M280'/&5(2',(#(&8(-('&J('&J+&24,(3*(&)+&5();'#&#(('&#(&'7&2,52"'*&)+&)(&;'#+9&:%A(,*'*(&8(6
#+0('&;(&;%'*,+&2%&)(&/.,&1)#'3&'-*(-(&/.,&#+0('&;,%"*,(&@1,1%("%-(&;,(.#1;+,%-.,&.5("(2*%&2%&/.,&7%& '7&5'*&)+&,(#$(7(&6&8'&0,(7('&(%&6&7'*(,%'&4("*,1&'&2&4,(;'#(/&4(,;(#.%2"'&3%&*,%7%*(&5%"&"21&!"&817(9 &
!"+@12%*(3&%',&'-*(-(&/.,&#+0('&!"&)17-(*(&#1,'*(3&;,(?+*%*(3&2%&#'&!"*,:1"&;+54"*&@1"3&/.,&!"#.-6%&2%&/.,& R1&#2")*,1%()#/&5',&"1&42*&5+,E7'9&?(%&#2")*,1%.%&5(&7%"(&)1"*&8%A(,%&)+&*,+%')#+/|&5',&"1&)1"*&8%A(,% &
0'&,.'0(&7,15.')(8 )+&!"#'8#(&8(-%8(&J(8(9&>'#+&"1&7'%&42*&)+&)(&)141"+&8(-%82,/&8%A(,%&)1"*&)+&,(0%"+&!"&)E"18&J(19&R1 &
H(% & #( & "(:'1& #1".)#1* & !" & '-*( & *%5;1,% & )( & .,?'"%F'1 & !"& )(#,(*3 & 2%& ;+)*,'1 & *'%"(-( & ".')*,( & )1@& "1&42*&5%)*,1-(&"%#%&1"18&5%"&)%)*(7(8(&(L%)*("*(/&4("*,1&#+&"1&'1&;2)*&#2")*,1%*(&5(&J%"(/&#%&5( &
=1,+54"*&!"7,%#.2+*.,8&I1&*,(#1*&/,(51,%-(&'#(-('&0(&?,.F'/+&%?".,'"6+8&I#15&):'&5'%&-+,?%*&#45;1- @81G%*2,%%&J(%/&`%%%&J(%/&?2")*,1#*2,%&5%0%"%&5%"&@;(,'&J('9&k
VT\ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"&?(,
VTT

a,%#(&5'*(,%(&)(&;.'*(&0()7'#(&;("*,1&'&#.")*,1%&0%"&".13&0',&"1&;.'*(&"%5("%&0%)*,1?(&1"&01$& !"&5.5("*1-&0(&7'6+3&#4"0&!6%&0%#*(F&'#()*(&%0(%3&#')'&*'&(&;+F%*+&0(&=1,:!5;,(=1,&0(&1"&#.,0."&0(&
%"0%/%01'-%F'*8&G'&7%"(-(&(L%)*("6(%&'#()*1%&?-.@&*(,()*,13&)(&/.,&0()*,+5'&5%"(,'-(-(&;+54"*1-1%&!"& 5%%&0(&01$1,%&'-@(3&)1@'-*(,"(&5%(3&!5;%(0%#4"0&.,%#(&01$&'-@')*,1&)'1&,.21&)+&)(&';,.;%(&2%&)+&%'&
01$1,%-(& 5%"(,'-( &0%"& #',(&'1& 7.)*&'-#+*1%*(3 &0',& "1&)( &/'& ;1*(' &0%)*,1?(&"%#%&1"1- &0%"&01$1,%-(& #1".2*%"6+&0%,(#*&0(&-'&5%"(&0(&#(-(&#(:6%&#.51"%#8&J.';*('3&01;+&#(&/:'6%&(-%@(,'*&0(&*,1;1-&'0.,5%*&
5%"(,'-(3&/(?(*'-(3&'"%5'-(&)'1&15'"(8 2%&/.%&7'#(6%&-'&7(-Q&/+&!"?,+0%6%&#1&*+#(,('&2%&"1&/.,@%6%&0(#4*&#(('&#(Z&(&;(,5%)8
C1$1,%-(&5%"(,'-(&#."?-.5(,'*(&#1&5%-%',0(-(&!"&5%"(,'-(-(&;+54"*1-1%3&"1&'1&#."2*%%"6'&)*+,%%& !"&#'F1-&#4"03&#'&.53&/(%&);1"(&0%"&5',%-(&*'%"(&'-(&H(,1-1%3&)+&2*%%&#+&(&.,0%"&0'*&#'&.'5("%%&#',(&
-.,3&2%&#'&'*',(&"1&;.*&;,.*()*'&#+&-%&)(&)*,%#+&).',*'3&)*',('&!"&#',(&)1"*&)#171"0'*(&)'1&.,4"01%*(&0(& )1"*&!"*,1;+,%&'-(&1".,&01$1,%&,.2%%&)'1&'-@')*,(3&)+&,40+&#1&$.$.*&0(&*%"(&2%&)+&*(&#.")%0(,(&1"&.5&
H,('*.,%%&0%/%"%8 #+,1%'&%:'&)+,%*&1"&#(,#&0(&-'&0.'?(-(&5%"6%%3&1"&.5&#',(&2%:'&;%(,01*&=10(#'*'8&T"&01$&,.21&)'1&
C1$1,%-(&/(?(*'-(3&'/4"0&.&0.F+&0(&%"*(-%?("6+3&!"6(-(?&5("%,('&-.,&2%&',1"#%&#4"0&)1"*&0%)*,1)(& '-@')*,1&!"*,1;'*3&#%*%"0&'#()*(&,4"01,%3&-(&/'&#.")%0(,'&'@(,'6%%&2%&/'&'F/4,-%&#',*('&#4*&#.-.3&).#.*%"0&
*,1;1,%-(&-.,3&)(&;.*&,(/.-*'&#+&)1"*&7+#1*(&)+&)17(,(3&#+&-%&)(&)*,%#+&5(,)1-&(/.-1*%/8 ;%(,01*&*%5;1-&'7(#*'*&#%*%,%%&'#()*.,&7'"*')5'?.,%%8
C1$1-&'"%5'-1-1%3&'/4"0&.&%"*(-%?("6+&2%&5'%&/%(3&)("*%5("*1-&01,(,%%&7%%"0&2%&5'%&;1*(,"%#&0(#4*& P.6%&.'5("%%&'&#+,.,&*,(';*+&(/.-1*%/+&"1&-(&!"?+01%(&)+&;,%5(')#+&2%&)+&')%5%-(F(&')(5("('&%0(%&
-'&;-'"*(3&;,.*()*('F+&("(,?%#&#4"0&*,1;1-&)+1&(&1#%)3&01,(,('&2%&;,.*()*1-&)+1&7%%"0&*,'")5%)(&0%"& *(&/.,&#.")%0(,'&.,%&1"&2',-'*'"3&.,%&1"1-&#',(&!2%&@'*(&=.#&0(&-15(3&#.")%0(,4"0:.&;,.')*+8&9+,(,('&-.,&
*,(';*+&!"&*,(';*+3&;4"+&-'&H("*,1-&#,('*.,8 (&@%"(/("%*+3&#+#%&'-*7(-&):',&)%56%&"(7(,%#%6%&2%&'%&7%&,+);1"F+*.,&0(&)*',('&-.,8
H1&*.'*(&'#()*('3&#1&*.'*+&/%*,(?%'&/%(6%%&-.,3&01$1,%-.,&/(?(*'-(&2%&'"%5'-(&"1&-(&*,(#(&;,%"&?4"0& U',(-(&o%1&0%/%"3&N1/(,"'*.,1-&".)*,1&).-',&',&#$(5'&-'&P,%@1"'-1-&K+1&*,(%5%#&;(&01$1-&#',(&'&
%0(('&)%"1#%0(,%%8&J%#%&01$1-&5%"(,'-3&"%#%&#(-&/(?(*'-&)'1&'"%5'-&"1&0.,()#3&!"&H(,&7%%"03&)+&,(/%"+&!"& 0()*+%"1%*&*'%"(&#(,(2*%&1"1%&01$&5'%&5%#3&2%&%:',&);1"(A&B &d'*+8&"2)*,1&"1&1#%5(9&d1&'%&5%)*,1)&1" &
H("*,1-&0(&1"0(&'1&;.,"%*&-'&!"/+6+*1,+3&;("*,1&#+&"1&'1&;.)%@%-%*'*('&0(&'&)(&0()#1,'='8&J15'%&01$1-& )4%,%*/&#+#%&(8&)(&0'&!"*2',#(&8'&?("*,19&>(&)1;(,%".'&81%&0(%&'0('&4',*(9&d'*+8&#("*,'8&*(&#2"5'7"+ &
4,%"&J%"(&3%&5(&'#17&*2'*+&)1;8',('&5(&51$1,%&"1&*(&0'&7'%&#2")%5(,'&279&>(&'#17&(3*%&5(72"/ &
15'"3&'&#+,1%&%"*(-%?("6+3&5(5.,%(&2%&/.%"6+&(&5'%&;,()1)&0(&'&*1*1,.,3&0%);(,+&2%&0(#-',+&#+&"1&5'%& '5%#+&51$18&#(8&7'%&,+1&5(&4(&C+7E"*9&K,%1"5(&*(&0(%&51#(/&1#%-'318(&5(&)4%,%*/&*2.%&*(&02,&2#28%9&@+ &
;.'*( & )17(,% & ,%?.,%-(Z-(?%-., & 5(,(1 & !"#+-#'*( & 0( & (-8 & C1$1- & 15'" & "1 & )( & );(,%( & 0( & 0%);',%6%'& 3*%%&#+&"1&*(&0(%&7'%&!"*,14'&3%&5(&4(&'#(')*+&48'"(*+&"1&0(%&7'%&48(#'/&4E"+&8'&5%M281.%'&(%9&k&C%"&
%"0%/%01'-%*+6%%&)'-(&!"&J%,/'"'3&0(.',(#(&#1".'2*(&'L%.5'A&S%7%#&"1&)(&4%(,5(&!"&817(]&0(#%&2*%(&#+&2%& '#()*&5.5("*3&;(,%);%,%*1-&0(5."%F'*1-1%&)(&/'&!""(?,%&#.5;-(*3&'/4"0&!"&0,(;*1-&.#$%-.,&0.1+&?+1,%&
'#.-.&(-&/'&7%&#(/'8 #'&;','&7.#1-1%&(-(#*,%#&:&0'#+&'&7.)*&1"&!"?(,3&)'1&0.1+&?+1,%&'-@(&:&0'#+&'&7.)*&1"&01$&'-@8&I&#+F1*&
S"*%*'*('&);%,%*1'-+&"1&5'%&;.'*(&%(2%&0%"&)4"1-&P'*+-1%3&#'&)+&);1"+&2%&'-*.,'&#15&(&2%&#(&)(&7'#(& 0%"&?-.,%'&)'&2%&'&7.)*&0(5."%F'*8&C(&'#153&"%#%&1"&01$&:&#4*&0(&15%-&',&7%&:&"1:%&5'%&0+&"%#%&1"&
'#.-.8&H4"0&!-&/'&#1;,%"0(&0.,1-&0(&'&*,+%&%',&!"&-15(3&#'&01$3&%&)(&/'&!5;-%"%&0.,%"6'3&0',&!"&'#()*&#'F& ,();(#*3&#$%',&0'#+&'&7.)*&.0'*+&!"?(,&)'1&01$&'-@8&S-&"1&)(&5'%&;.'*(&!"*,1;'3&"%#%&"1&;.'*(&5(,?(&
.&/'&-1'&%',&0(&-'&!"#(;1*3&0(&-'&5'*(,%'&;,%5+3&*,(#4"0&;,%"&)*',('&0(&7-1%03&?'F3&-%#$%03&5%"(,'-&(*#8&a& .,%1"0(8&I#(')*+&/%'6+&5+,?%"%*+&2%&$1-%*+3&;1,*4"0&)*%?5'*1-&$'%"(%&"(?,(3&;.'*(&01,' &)(#.-(&;()*(&
)(,%(&-1"?+3&#(&"(#()%*+&'*4*('&)1*(&0(&5%-%',0(&0(&/('#1,%&#4*(&)*(-(&)1"*&;(&#(,8&!"&'#()*&)#.;3&01;+&#(& )(#.-(3&;4"+&#4"0&!"*,:.&F%3&0%);(,'*3&0(5."%F'*1-&)(&/'&;,(F("*'&N1/(,"'*.,1-1%&*(,()*,13 &#(,4"01:%&
01$1-&/'&7%&(5%)&0%"&H';1-&2%&P.,'#(-(&P'*+-1%3&o%%%&K+%&)1@-%5%&0%"&U'5',&!%&/.,&?.-%&*.*&#."6%"1*1-& %(,*',(&2%&0,(;*1-&0(&'&)(&!"*.',#(&!"&J%,/'"'&P'*+-1%&#("*,'-8
5(5.,%(%3&,(6%"4"01:%&2*%%"6'&'7-'*+&!"&*%5;1-&#4*&'&*,+%*&!"&K7(,':H';8&C%"&'#(')*+&#'1F+3&o%%%&0%/%"%3& C(5."%F',('&)(&7'#(&"15'%&!"&);'6%13&!"&H(,8&T"&#'F&')(5+"+*.,&):'&!"*45;-'*&2%&#1&-(?("0',1-&
#1-(?+*.,%&;(,5'"("6%&'%&#."6%"1*1-1%&5(5.,%'-&'-&*1*1,.,&01$1,%-.,&0%"&K7(,'&#("*,'-+3&'1&0(/("%*&#(%& 2',;(3&#',(&'&0(F/+-1%*&-1%&I0'5&2%&S/(%&)(#,(*1-&P'*+-1%8&a&;./()*(&@1"+&;("*,1&#.;%%3&01;+&7(-1-&
5'%&5',%&%"%6%'6%3&#(%&5'%&'04"#%&#1".)#+*.,%&'%&?4"01,%-.,&2%&;-'"1,%-.,&P'*+-1%&#("*,'-8 #15&'&7.)*&,(0'*+3&"(7%%"0&;(,5%)&)+&)(&);1"+&5'%&51-*&-'&'#('&/,(5(&"(%"%6%'6%-.,8
C1;+&#(&01$1-&):'&#+%*&0(&7';*'&)'&"(#1?(*'*+&2%&0.,(2*(&)+&,(/%"+&!"&)7(,(-(&#,('*(3&%&)(&!"*1"(#+& C.5"1-&".)*,1&R)1)&"(&,(#.5'"0+&5(,(1A&iF0(.%&-,%G+&)+&"167%&)*,%#'.%&4(&0,(1"18&5%"&#(%&7%#% &
*.*&#(&'&'7-'*&!"'%"*(3&;(&#4"0&71)()(&!"&-15(3&;-1)&#(&'&/+F1*&2%&'1F%*&!"&)4"1-&P'*+-1%3&2%&'#153&01$& '%&J(%/&#+#%&,+1&0'&;%&5(&(%/&5',&7'%&,+1&0'&;%&5(&02%k9
".1:"+)#1*3&#'&!"&;,%51-&#(')&'-&(L%)*("6(%&)'-(&0(&01$3&.&%'&;(&0,151-&7+,+&0(&)74,2%*&'-&!"/+6+,%%&!"& C(&.'5("%%&#',(&/.,&#%*%&'#()*(&,4"01,%&"1&5%:(&7,%#+3&0(.',(#(&?',0%("%%&-.,3&0,(;*'2%%&-.,3&'1&
/(2"%#%(8&>(0%"(&1"&517"(M(1&;+,+&#2".%"1*18&81%&>17"(M(1/&,%5%#E"516)(&4,%"&)1;(,%".+&8'&3*%%".'&3% & .,0%" & )(/(, & )+ & /(?$(F(3 & 7+#4"01:% & )+ & "1 & !"6(-('?+3 & )+ & "1 & -( & ;-'#+ & ')(5("(' & %0(%3 & ).#.*%"01:-(&
41*(,('&81%&>17"(M(19 "+)#.#%,%&"(,.'0(8&C',&"(&()*(&*('5+&0(&#(%&0(&-'&".%3&0(&01$1,%-(&-%@(,(&0%"&);'6%13&;("*,1&#+&/+F4"0&
o%1-&5'5',&#',(&%:'&-1'*&'#()*1%&01$&*.*&#."6%"1*1-&)+1&5(5.,%'-&(&1"&5',(&#1".)#+*.,8&C(2%& #%"(&-(&);1"(3&-(&/.,&-1'&!"&)(,%.)8&S%&"1&/.,&,40(&;,(#15&#(%&!"*,1;'6%3&#+#%&/.,&2*%&#+&"1&)1"*&@')5(3&
5',(3&0(2%&;1*(,"%#3&0(2%&'*.*2*%1*.,3&o%1-&5'5',&()*(&)5(,%*&2%&)1;1)&P'*+-1%&#("*,'-8&I#(2*%&o%%&)1"*& #%&P'%"(&0%/%"(8
#1&5%-%',0(-(3&0',&"%#%&1"1-&"1&);1"(&#(('&#(&)(&;(*,(#(&!"&P'*+-3&#(&(&!"&P'*+-8&C()*+%"1%,('&#(-.,&
'7-'*(&(#$%/'-('F+&#1&.& *,+0',(3&'01#4"0&0%)*,1?(,('&1"%/(,)1-1%8&C',&(/.-16%'&o%%-.,&()*(&'*4*& 0(&
!"'%"*'*+3&#."2*%%"6'&G.,&'*4*&0(&-15%"'*+&0(&7,151)(6('&.;(,(-.,&0%/%"(3&!"#4*&S%&"1&!"0,+F"()#&"%#%&
)+&?4"0(')#+&-'&.&')(5("('&"(-(?%1%,(8 H(-(&*,(%&5',%&'#*(&'-(&/%(6%%&15'"(
P'*+-&#(,()#&):'&!"?,+0%*&0(&*.'*(&;.)%@%-%*+6%-(&2%&'&'-#+*1%*&')*7(-&-1#,1,%-(3&!"#4*&)+&'7-(&%5(0%'*&#(&
1"1-&',&!"#(;(&"15'%&)+&?4"0(')#+&-'&.&')(5("('&*,+0',(3&7+#4"01:%&#1".)#1*&?4"01-8&C%/1-?',('&
*'%"(-.,&#(,(2*%&()*(&.&7';*+&"();1)&0(&#,%5%"'-+3&;("*,1&#+&01$1,%-(&',&'7-'&#(('&#(&"1&*,(@1%(&)+&2*%(3& C1$1-&15'"&()*(&.&7%%"6+&#(,(')#+8&S-&!2%&/'&01#(&*,'%1-&!"&/(2"%#%(&"15'%&!"&);'6%%-(&%"7%"%*(&'-(&
*1-@1,4"01:-(&?,.F'/&#."2*%%"6'&2%&;,.01#4"01:-(&.&54$"%,(&0(&5.',*(&2%&.&)17(,%"6+&0(&"()1;.,*'*8& )7(,(%&#,('6%%-.,8&J+)#1*&0%"&/.%"6'&H,('*.,1-1%3&01$1-&()*(&)1;1)&-(?%-.,&K'-(8&a,&1"'&0%"&'#()*(&-(?%&
S-(&)(&/.,&!"?,.F%&0(&5%-%',0(-(&0(&'"%&#4*&5'%&'1&0(&)17(,%%8Q&0%);(,+&0(&#4*&5'%&'1&0(&!"/+6'*3&2%& #(,#&#'&01$1-&)+:2%&7'#+&2#.'-'&/%(6%%&;,%"&*.'*(&5(0%%-(&7.,5'*(&0(&P'*+-&!"&)7(,'&#,('*+8
'*1"#%&,%0%#+&?-')&0(&;,.*()*&.,%&@-()*(53&#+*,(&H(%&#(&%:'1&#$(5'*&-'&/%'6+&7+,+&/.%'&-.,8 T"'&0%"&"15(,.')(-(&5(0%%&()*(&5'*(,%'&"15%*+&0(&/.%&7%F%#+3&'0%#+&#(,#(*'@%-+3&'"'-%F'@%-+&0(&
C%)*,12% & )17-(*(2*(3 & #(, & ,(/("%,(' & !" & J%,/'"' &P'*+-1%8 & G1#,1- & '#()*' & ()*( & @%"( & 2*%1* & !" & -15('& /.%&!"&-'@.,'*.,8&o%%"0&.@-%?'*&)+&*,('#+&2%&)+:2%&7'#+&2#.'-'&2%&;,%"&'#()*(&5(0%%3&01$1-&*,(@1%(&)+&)(&
".')*,+&'-@+&2%&'"?(-%#+3&2%&0(&'#(('&"1&*,(@1%(&)+&);1"(5&"%5%#&!"'%"*(&0(&/,(5(3&!"'%"*(&0(&*%5;1-& !"*,1;(F(3&'0%#+&)+&!5@,'#(&1"&*,1;8&a,%#',(&',&7%&#.")%)*("6'3&)*',('&0(&#."#("*,',(&'&5'*(,%(%&1"(%&
$.*+,4*&0(&(/.-16%'&#1%/'8 ;-'"(*(3&01$1-&*,(@1%(&)+&#1".')#+&7.,5'&0(&/%'6+&15'"+&'&;-'"(*(%&,();(#*%/(8&I2'&7%%"03&(-&/'&*,(#(3&
K+&F%#(5&#+&1"&01$&'&'=1")&#1&*,(';*'&)'&(/.-1*%/+&-'&"15+,1-&Vq8qq<8&C'#+&(1&:&#1".)#+*.,3&'-& ,4"0&;(&,4"03&2%&)(&/'&!"*,1;'&;(&'#()*(&#'*(?.,%%&0(&;-'"(*(3&7+#4"01:)(&.5&*,1;()#8
1".,& *'%"(& '7-'*(&;,%"&51"#'& 5('&)'1 &0(& -'&;,.7().,%%&5(%&!"?(,%& :&!%&#.51"%#&'#()*1%&01$ &*'%"(& H'&.5&*,1;()#3&01$1-&/'&*,(#(&;,%"&*,(%&'#*(&;,%"#%;'-(A&<8&)(&"'2*(Q&V8&'-#+*1%(2*(&.&7'5%-%(3&'0%#+&
#.,();1"F+*.',(&?,'01-1%&(/.-1*%/&'-&"15+,1-1%&Vq8qqV3&#1".)#4"0&'#()*(&7';*(&".%3&01$1-&/'&0(/("%& !2%&%' & E1" &;',*("(, & 0(& /%'6+&#1& #',(& #."#(;(& #.;%%Q&X8 &01;+:!"0(;-%"%,(' &5%)%1"%%& ;+,+)(2*( & /%'6'&
1"&"(".,.#%*8&S-&!2%&/'&0'&)('5'&#+3&0(2%&!"/'6+&0(&51-*3&"1&2*%(&!"#+&"%5%#3&.&'5+,+#%1"(&!%&#1;,%"0(& *,1;(')#+&;,%"&'2':F%)1-&'#*&'-&5.,6%%8
)17-(*1-&2%&0(&-'&.&/,(5(&!%&;',(&,+1&#+&'&'7-'*&'#()*(&*'%"(3&@'&#$%',&5+&/'&@-()*(5'&#+&%&-(:'5& I2'0',3&!"&*%5;1-&!"*,1;+,%%&)'-(3&.51-&*,(#(&;,%"&*,(%&5',%&'#*(A&"'3*(,('/&#+)+*2,%'&2%&72',*('9
0()*+%"1%*3&5'%&'-()&#+&"1&5%&-(&#(,1)(8&C%"&'#()*&5.5("*3&)1"*&1"&?,(2%*&2%&'5&0'*.,%'&)+&,(;',&'#(')*+& I#()*(&*,(%&5',%&(/("%5("*(&%"*,+&!"&;-'"1,%-(&0(&#."01#(,(&'-(&P'*+-1%&#,('*.,8&H15&!")+&P'*+-&
?,(2('-+8&U%:'5&-(?'*&/%'6'&0(&'&-1%&2%&*,(@1%(&)+&7'#&*.*&;.)%@%-1-3&;,%"&5'%&51-*(&!"*,1;+,%3&)+:<&'=1*&2%& ',(&;,(.#1;+,%&51-*(&2%&1,%'2(3&'#()*(&7'F(&'-(&(/.-16%(%&1"1%&01$&'1&7.)*&!"#,(0%"6'*(&1"1%&)1@'-*(,"&
)+:<&7'#&7(,%#%*3&#'&)+:5%&%(,*(&?,(2('-'&2%&)+:2%&1%*(&"(7(,%#%,('8 '-&K+13&5%#&2%&*.*12%&:&7'6+&0(&01$1-:.5&:&7.',*(&(/.-1'*A&N1/(,"'*.,1-&;-'"(*(%&;(&#',(&01$1-:.5&!2%&
C'#+&(13&1"&01$&'-@3&1"&5%#&01$&7'6+&0(&1,%'2%%&?4"0%*.,%&2%&!"7+;*1%*.,%&0%"&1"%/(,)3&;.*&;,.01#(& /'&7'#(&2#.'-'3&1"0(&)(&/'&!"*,1;'8
'*4*'&*1-@1,',(3&0()*+%"1%,%-(&)*,+-1#%*.',(-.,&G15%"%&'-(&K7(,(%:U'5',&;.*&;,%#%"1%&'0(/+,'*(&0(F')*,(M C',&N1/(,"'*.,1-&;-'"(*',&',(&2%&(-&'*,%@16%%&51-*%;-(3&5.*%/&;("*,1&#',(&'&!"#,(0%"6'*&.@)(,/',('&
a&-(?(&0.5"(2*(&!"&1"%/(,)A&U(% &1"&51$&%";(,%2,&"1&*,(A1%(&)+&3*%(&*'%"(8(&#1"2)#1*(&5(&#(8 & 2%&0()7+21,',('&#(-.,&*,(%&(/("%5("*(&;,%"#%;'-(&0%"&/%'6'&*,1;(')#+&'&1"1%&.53&#(-.,&*,(%&)1;(,%.,%
)14(,%2,9&C()*+%"1%,('&5%)*(,(-.,&'01#(3&%5;-%#%*3&@-()*(51-&#(-.,&5%#%8
*-- >%"&*'%"(8(&0%(.%%&.%&'8(&1"%0(,)181%&6&F&521'&#',*(
j&?271"%#+,%&5%"&?(, W_U
!"?(,%&'%&5',%%&#.51"%*+6%&0%"&#',(&7'#(&;',*(&'#(-&01$8&c.-1-&-.,&()*(&7.',*(&%5;.,*'"*3&;("*,1&#+& 2%&;(,%.'0(&0(&,(;'1)&)'1&/'#'"6+8&G'&'"15%*(&%"*(,/'-(&0(&*%5;3&,(%'1&'#*%/%*'*('&-.,&!"&#(,#(*',('&2%&
'#()*(&*,(%&(/("%5("*(&)(&!"".'0+&#1&.&51-6%5(&0(&7'#*.,%A&6','&1"0(&)(&"'2*(&01$1-3&7'5%-%'3&)*',('&)'& $.*+,4,('&7.,5(-.,&0(&/%'6+&*,1;(')#+8&C1;+&'"%&2%&'"%3&#4"0&1"1-&0%"*,(&=10(#+*.,%&*(,5%"+&3#2'8'&5(&
%"*(-(#*1'-+3&*,1;1-&!"&#',(&/'&*,+%3&#."0%6%%-(&).#%'-(&2%&5'*(,%'-(&!"&#',(:2%&/'&0()7+21,'&/%'6'&(*#8&9,%"& G15(#+*2,/&)(&,(*,'?(3&7%%"0&!"-.#1%*&#1&1"&'-*1-3&2%&%'&'-*+&0%,(#6%(3&#."*%"14"01:2%&(/.-16%'&/(2"%#+
1,5',(3&5',%%&)1;(,%.,%&!"?(,%&'%&#.51"%*+6%%&01$1-1%&*,(@1%(&)+&7'#+&1"&)*10%1&7.',*(&'04"#3&)+&/'0+& R"&;,%5(-(&*%5;1,%&'-(&(/.-16%(%&1"1%&01$&,.213&;-'"1-&/%%*.',(%&)'-(&/%(6%&*,1;(2*%&()*(&)*'@%-%*&0(&
*,(#1*1- & 01$1-1%3 & #'-%*+6%-( & #42*%?'*( & 0( & (- & ;4"+ & '*1"#%3 & 0(7(#*(-( & 0( & #',( & "1 & ):' & 0(F@+,'* & !"#+3& =1,%13&%',&01$1-&"1&',(&0,(;*1-&)+&%"*(,/%"+8&S-&"1&;.'*(&);1"(&0(#4*&0'&)'1&"18&C1$1,%-(&)1;(,%.',(3&
-(?+*1,%-(&0(&%1@%,(&2%&1,+3&0',&5'%&'-()&.@-%?'6%%-(&#."*,'#*'*(8 #(-(&'-@(3&!2%&(L'5%"('F+&*,(#1*1-3&2%&;(&@'F'&-1%&!2%&!"*.#5()#&.&7.,5+&0(&/%'6+&*,1;(')#+3&1"&0()*%"&
@14(,%2,%% & #271"%*+.%% & 51$181% & *,(A1%( & )+ & '%A+ & !" & 0(5(,( & *,(#1*18 & #',( & )( & #(,( & )'*%);+#1* & 3% & ;,(F("*'*&=1,%1-1%3&#',(&!-&;.'*(&;,%5%&%"*(?,'-3&!-&;.'*(&,(01#(&)'1&!"#+,#'8
0%%*2,18&#',(&#(,(&4,2-,()9 H1".)#4"0&'#15&*.*&;-'"1-&/%%*.',(%&)'-(&!"*,1;+,%3&01$1-&15'"&!2%&/'&','"='&/%'6'&!"&,';.,*&#1&
9,.@-(5(-(&;1)(&!"'%"*('&o.,1-1%&)1;,(5&'-&#.51"%*+6%%&)1"*&51-*(3&"(@+"1%*&0(&51-*(8&K1@&#(& #(-(&$.*+,4*(&0(&=1,%13&,+54"4"0&e)+:2%&#'1*(&1"&01$3&#1&#',(&)+&#."/%"+&!"#+&0%"&H(,&)+:%&7%(&).6%(&;(&
)(L&)(&/'&!"*,1;'&01$1-&;(&;+54"*&:&@+,@'*&)'1&7(5(%(D&K+&)(&#+)+*.,(')#+D&K'1&)+&,+54"+&)%"?1,&:& ;+54"*3&#4"0&/.,&7%&!"*,1;'6%8&!"&7%"(3&2*%%"0&"15+,1-&#.;%%-.,&2%&)(L1-&-.,3&01$1-&/'&;,.;1"(&1".,&
');%,4"0&*.'*+&/%'6'&01;+&.&/.,@+3&.&54"?4%(,(3&01;+&'=1*.,1-&1"(%&).6%%&:&#'&;(0(';)+&'&1".,&/%(6%& 01$1,%&#1&#',(&'&'/1*&-(?+*1,%&)*,4")(&!"&'-*(&!"*,1;+,%3&)+:%&7%(&7%%&)'1&7%%#(3&01;+&#'F8&I)*7(-3&!"#(*1-&
"().#.*%*(3&#4"0&2%:4&*.,*1,'*&)17-(*(2*(&;',*("(,'&0(&/%'6+3&#4"0&'&!"2(-'*:.3&'&)1?,15'*:.&(*#8&C'#+&)(& #1&!"#(*1-3&)(&.,4"01%(2*(&*.*1-3&;("*,1&7.,5',('&".%%&7'5%-%%&;+54"*(2*%8
/'&#+)+*.,%3&)+&'%@+&)'1&"1&#.;%%3&#46%&2%&0(&#(&)(LD&!%&/'&/(0('&5',%3&.,%&!%&/'&01#(&,4"0&;(&,4"0&!"& !"&'#()*(&'-%'"6(&;.*&'/('&-.#&*.'*(&;.)%@%-%*+6%-(&0(&#.5@%"+,%&(/.-1*%/(8
5.,54"*D&!"&7%"(3&/'&/("%&-'&,4"0&'-&*,(%-('&7'#*.,3&5.',*('8&H4"03&-'&#(&/4,)*+3&!"&#(&#."0%6%%3&)1@&#(& K+&F%#(5&#+&01$1-&/%%*.,& *'*+&',(&(/.-16%'&?,'0'*+& #1& "15+,1-&Vqq8&K.6%'& -1%& /'& ;1*('& '/('&
7.,5+&/'&7%&*+%'*&7%,1-&(L%)*("6(%&)'-(&*,1;(2*%D "15+,1-&0(&(/.-16%(&<qq8&9,%51-&#.;%-&/'&'/('&"15+,1-&<VV3&'-&0.%-('&<ss&2%&'-&*,(%-('&<\q8&!"&'#(')*+&
J%#%&1"&01$&"1&)(&;.'*(&)1)*,'?(&0(&-'&2#.'-'&/%(6%%&;-'"(*',(8&P.'*(3&*,(@1%"0&)+&)(&!"*,1;(F(3&/.,& !"=?$(@',( & *'*+- & ( & )1;(,%., & *1*1,., & 2% & #.;%%% & )1"* & )1;(,%.,% & 5'5(%8 & !" & '#(')*+ & ;,%/%"6+3 & *.'*(&
7%&)%-%*(&)+&*,('#+&;,%"&#(-(&*,(%&'#*(&:&"'2*(,('3&#+)+*.,%'&2%&5.',*('&:&#(&';',6%"&-(?%%&P'*+-1%&#(,()#8& #.5@%"'6%%-(&)1"*&;.)%@%-(8&C(&(L(5;-1&;+,%"6%%&;.*&7%&%"7(,%.,%&#.;%%-.,3&.,%&).6%'&)1;(,%.',+&).61-1%&2%&
H(-(-'-*(&#."0%6%%&-(?'*(&0(&(-(&:&)+"+*'*(3&'/(,(3&#.")*%*16%'&;-+;4"0+&)'1&/.%"%#+&'&*,1;1-1%3&)17(,%"6(& #.;%%-.,&(%&(*#8
5.,'-(&)'1&*,1;(2*%&:&)1"*&-(?'*(&0(&*,(#1*1-&01$1-1%3&7%%"0&%5;1)(&0(&-(?%-(&;-'"(*',( &';-%#'*(&0(& C%"&#'1F'&'#()*.,&').#%(,%&%"(?'-(3&):'1&/+F1*&2%&)(&/+0&#'F1,%&!"&-15('&*(,()*,+&#4"0&*'*+-&(&1"&
,(;,(F("*'"6%%&N1/(,"'*.,1-1%&;-'"(*',3&0(&)1;(,%.,%%&#.51"%*+6%%&?,1;1-1%&#+,1%'&!%&';',6%"(&'#(-&01$8&!"& )'/'"*&2%&#.;%%%&)1"*&"(5(,"%#%3&.,%&*'*+-&(&1"&0()#,(%(,'*&2%&).6%'&)'&.&)74"*+&(*#8&U.*%/(&;1*(,"%#(&'1&
7%"(3&'-(?(,('&;',*("(,1-1%&0(&/%'6+3&'05%*(,('&!"&7'5%-%'&)'&'&'-*.,&01$1,%&:&0,(;*&#.;%%&'%&)+%&:&';',6%"& 0(*(,5%"'*&=1,%1-&)+&#.5@%"(&/'-.,%&);%,%*1'-(&'*4*&0(&0(.)(@%*(&!"*,(&(-(3&'/4"0&#'&@'F+&,%0%#',('&
01$1-1%&2%&)(&7'#&#1&#.")%56+54"*1-&)+18 (/.-16%(%&);%,%*1'-(&'&01$1-1%&%"7(,%.,&!"&#.5;'"%'&01$1-1%&)1;(,%.,8
H4*&0(&#.5;-%#'*+&()*(&/%'6'&15'"+&;(&;+54"*M&a&)15+&0(.)(@%*&0(&5',(&0(&7';*(&2%&#."0%6%%&)(& P.*1-&()*(&'-#+*1%*&0,(;*&2%&)1@-%53&')*7(-&!"#4*&)+&5(,?(5&#1&*.6%%&5'%&0(;',*(&);,(&6','&7(,%#%,%%&2%&
'1&!"&/(0(,(&-'&'-#+*1%,('&/%(6%%&1"1%&.58&[.%&"1&2*%6%&#(&0(&,(?1-%&2%&#."0%6%%&)(&'1&!"&/(0(,(3&#(&0(& '&;(,7(#6%1"%%&'@).-1*(8
)*10%%&)(&7'#&;4"+&)(&'-#+*1%(2*(&;-'"1-&1"(%&/%(6%&*,1;(2*%3&=.)&;(&;+54"*M
R'*+&.&0(#%F%(&%5;.,*'"*+A&K1@&#(&)(L&)+&)(&!"*,1;(F(&1"&01$D&I5&5'%&',+*'*&#+&.&#'*(?.,%(&0(&5',%&
01$1,%&'"?(-%#(&6%"(&.&'0(/+,'*+&#."*'@%-%*'*(&!"&);'6%1&:&#4*(&01$1,%&)+&/%"+&;(&;+54"*&#'&@+,@'6%&2%&
#4*(&#'&7(5(%&:&;("*,1&'&)(&5("6%"(&1"&'"15%*&,';.,*&!"*,(&(-(&2%&7%(#',(&)+:2%&;.'*+&?+)%&;',*("(,8& !5@,+#',('&01$1-1%&#1&2';*(&!"/(-%21,%
I#(2*%&5',%&;+F%*.,%&#(,(2*%&!2%&);1"&#1/4"*1-&#4"0&(&/.,@'&0(&)(L1-&#(:<&/'&-1'&1"&01$&;,(?+*%*&;("*,1&
.&".1+&/%'6+&*,1;(')#+8&I-#+*1%,('&;-'"1-1%&1"(%&".%&/%(6%&*,1;(2*%&()*(&7.',*(&0%7%#%-3&!"&7%"(3&-'&F%1'& IF%&!6%&/.%&/.,@%&0();,(&#.")*%*16%'&01$1-1%&2%&-(?+*1,'&)'&#1&*,1;1-8&C',&5'%&!"*4%3&*(&,.?&)+&1%6%&
$.*+,4*+3&01$1-&!").6%*&0(&?$%01-&)+1&)(&;,(F%"*+&!"&7'6'&o.,1-1%&)1;,(58&x1,%1-&%'&#1".2*%"6+&0(&*.*& *.*&#(&'%&#%*%*&!"&#+,6%-(&.#1-*%2*%-.,&0();,(&#.")*%*16%'&01$1-1%8
*,(#1*1-&01$1-1%&2%&;(&@'F'&5(,%*(-.,&2%&'&0(7%#%("6(-.,&)'-(3&)(&;,."1"6+A&BP(&/(%&"'2*(&!"&'"1-&2%&-1"'& G'&#(%&5'%&51-6%&.'5("%&*,1;(2*%3&01$1-&()*(&)#171"0'*&#.5;-(*&!"&*,1;1-&)+18
L/&*(&/(%&#+)+*.,%&!"&'"1-&2%&-1"'&z &2%&/(%&51,%&!"&'"1-&2%&-1"'&FE8&C1;+&#(&%'&#1".2*%"6+&0(&,';.,*1-& C1$1,%-(&(/.-1'*(&"1&;.*&,(F%)*'&!"*1"(,%#1-1%&*(5"%6(%&*,1;(2*%3&2%&0%"&'#(')*+&#'1F+3&!"&*%5;1-&
5("*'-&7+#1*&0(&01$1-&;,(F("*'*.,3&#',(&'&)*10%'*&*.*&*,(#1*1-&01$1-1%3&x1,%1-&'0'1?+A&id(&/(%&"'2*(&!"& !"*,1;+,%%&)'-(3&)#4"*(%'&:&#1&.&5%#+&;',*(&0%"&;(,%);%,%*&:&)*+&0(')1;,'&#';1-1%8
6','3&-.#'-%*'*('&2%&7'5%-%'&,();(#*%/+8&P(&/(%&#+)+*.,%&.&)%"?1,+&0'*+&2%&/(%&'/('&*,(%&#.;%%8&[(%&51,%3Z& P(&/(%&5%,'&2%&!"*,(@'A&BC',&#15&)+&)*('&.&;',*(&0%"&;(,%);%,%*&!"+1"*,1-&*,1;1-1%&2%&.&'-*+&;',*(&!"&
.;,%"01:6%:)(&%"%5'3&-'&\V&0(&'"%8E&C1$1-&/'&')#1-*'&'#(')*+&$.*+,4,(&2%&0'#+&!%&#."/%"(3&/'&);1"(& '7',+DE
F7%"9 C'3&0,'?1-&5(13&?,'01-&(/.-16%(%&);%,%*1-1%&0%#*('F+&'#(')*+&0%);.F%6%(8
C%"&'#(-&5.5("*3&01$1-&;-('#+&)+:2%&;,(?+*(')#+&/%%*.',('&/%'6+&*(,()*,+3&;(&@'F'&;-'"1-1%&)*'@%-%%3& H4"0&*(&;%(;*("%3&*(&);(-%&;(&#';&)'1&!6%&;-%5@%&54"'&;()*(&;+,1-&#';1-1%3&*,(#%&#1&54"'&)'1&#1&
0(&=1,%13&'0%#+&)+:2%&'-('?+&01$1,%-(&#',(&!%&/.,&7%&).6%(3&#.;%%&(*#8&C'#+&;-'"1-&%"0%#'*&"1:%&;-'#(3&(-& ;%(;*("(-(&;,%"&#.,;1-&01-+1-1%&*+13&,+5')&'7',+8&I#153&#4"0&!6%&/.,@()#3&!"0,(;*&1"0(-(&?4"0%,%%&5(-(&
);1"(&#+"1:%&#."/%"(3&*',+&'&5.*%/'8&!"&'#()*&#'F3&=1,%1-&!-&#."#(0%'F+3&,+54"4"0&!"&);'6%1&!"#+&.& );,(&'#(')*+&;',*(&(L*(,%.',+&'&01$1-1%&*+18&N4"01,%-(&5(-(&;+*,1"0&;,%"&;(,%);%,%*1-&*+1&2%&'=1"?&;4"+&
@1#'*+& 0(& /,(5(8& U'%& *4,F%13 & )#$%5@4"01:)(& )%*1'6%'& =.) &2%& )1)3 & )(& ;,(F%"*+& 0%"& ".13 &%', &0'#+& !%& -'&01$8
#."/%"(&7.,5'&0(&/%'6+&;,(F("*'*+3&/'&);1"(&F7%"/&'0%#+&)(&)1;1"(&!"*,1&*.*1-&$.*+,4,%%&0'*(8 R"/(-%21-:5(5.,%(&0%"&=1,1-&)#4"*(%%&#.")*%*1%(&#(('&#(&2*%%"6'&/.')*,+&'7%,5+&'&7%&B%"#."2*%("*1-E3&
C1$1-&()*(&'#*%/&*.*&*%5;1-&;(*,(#1*&!"&);'6%18&!"&'#(')*+&/,(5(3&(-&#."*,%@1%(&-'&,%0%#',('&7%(&'& 0%7(,%*&0(&)1@#."2*%("*&)'1&#.,;1-&/%*'-8&!"/(-%21-:5(5.,%(&()*(&',$%/',1-&*1*1,.,&/%(6%-.,&*'-(&'"*(,%.',(3&
)(5("1-1%&)+1&);'6%'-3&7%(&'&#(-.,&0(&=.)3&0(&;(&;+54"*8&I#(')*+&'#*%/%*'*(&'&%"*,'*&!"&#'-#1-1-&=1,%1-1%3& !"&(-&)1"*&!")#,%)(3&'#151-'*(&*.'*(&#1".2*%"6(-(&2%&'5%"*%,%-(&/%(6%-.,&*,(#1*(3&0%"&#',(&"1&)(&;.'*(&
!"&/(0(,('&/%%*.',(%&)'-(&!"*,1;+,%8&C'#+&*,(#1*1-&01$1-1%&',&7%&".*'*&#1&".*'&^&2%&'#*%/%*'*('&)'&);'6%'-+& #(,"(&"%5%#&!"&#."2*%%"6'&)*+,%%&*'-(&0(&/(?$(8&G'&0,(;*&/.,@%"03&'#(')*+&',$%/+&(*(,"+&',&*,(@1%&"15%*+&
#1&<q3&'5@(-(&".*(&%"*,+&!"&#'-#1-1-&5',(-1%&K7'*&!"*,1;+*.,8&!"&';,(#%(,('&=1,%1-1%&!"*,1;+*.,&%"*,+&"1& )14,'#2"3*%("*18/ &#+#% & ()*( & #1 & 51-* & 5'% & 2*%1*.,3 & 5'% & @.?'* & !" & #1".2*%"6( & 0(#4* & '2':F%)1- & /.)*,1&
"15'%&7';*(-(&7+#1*(&!"&*%5;1-&!"*,1;+,%-.,3&#%&2%&#(-(&7+#1*(&!"&);'6%13&#'&01$&-%@(,8 B#."2*%("*E3&#(&';',6%"(&'#*1'-(%&/.')*,(&/%(6%&*,1;(2*%8
P.'*(&'#6%1"%-(&7+#1*(&0(&01$1-&!"*,1;'*&!"&#."*,'&-(?%-.,3&)(&"15()#&-,(3(8%]&%',&*.'*(&7';*(-(&7+#1*(& 9',*('&01$1-1%&)#171"0'*+&!"&*,1;&!"#."=.',+&#1&7-1%0(-(&)'-(3&5'%&'-()&)%)*(51-&#(,(@,.);%"'-&2%&
0(&01$1-&-%@(,&#."*,'&-(?%-.,&P'*+-1%3&o%1-1%&2%&K74"*1-1%&C1$&)(&"15()# &,(028*+9 &K(&;-+*(2*(&?,(1e& ?4*1-Q&%',&;,%"&%"*(,5(0%1-&5+01/(%3&01$1-&)(&-('?+&#1&,()*1-&*,1;1-1%8&&É
?,(2('-'&#.5%)+&!"&)*',(&0(&!"*,1;'*3&0',&5'%&'5',"%#&)(&;(0(;)(2*(&,(/.-*'&01$1-1%&);'6%'-3&!"&-15('& a0'*+&6%:'5&);1)&#+&01$1,%-(&)1;(,%.',(&'1&.&7.,5+&';,.';(&)7(,%#+3&#1&.&;,(-1"?%,(&!"&;',*('&
".')*,+&);'6%'-+&"1&(L%)*+&.0%$"+8&P.'*(&01$1,%-(&)1"*&5(,(1&-'&-1#,13&7%(#',(&#1&);(#%'-%*'*('&)'&.,%&#1& %"7(,%.',+8&!"&'#()*&#'F3&;',*('&%"*(,"+&'&)7(,(%&!"#."=.',+&)%)*(51-&#(,(@,'-3&%',&;,(-1"?%,('&)(&-('?+&
-1#,1-&.,0."'*&0(&#(%&5'%&5',%8&P.'*(&'1&-'&@'F+&%")*,1#6%'&2%&5.,'-%*'*('3&'0%#+&!"7+;*1%,('&@%"(-1%&2%& #1&/4,71-&)+1&!"&0,(;*1-&".01-1%&/%*'-&'-&#.,;1-1%&/%*'-3&#',(&%"1"0+&#1&7-1%01-&)+1&#/')%:5'*(,%'-&
,(;,%5',('&,+1-1%3&.,%1"0(&):',&;,.01#(8&!"&-15('&01$1,%-.,&-%;)(2*(&'#*%/%*'*('&5'*(,%'-+8 *,1;1-8
C1$1,%-(&!"*,1;'*(&)1"*&'#*%/(&"15'%&F%1'3&7'6+&0(&-15('&-.,&*(,()*,+3&0',&7'6+&0(&-15('&"(/+F1*+3& J.';*('3&01$1-&%()(&0%"&*,1;1-&'0.,5%*3&;("*,1&$,'"'&7-1%0%#+&2%&;("*,1&'&/%(61%&#4*(/'&.,(&!"&
)1"*&'#*%/(&2%&".';*('8&C1$1,%-(&);'6%'-(&)1"*&/(2"%#&'#*%/(8&P.'*+&'#(')*+&'#*%/%*'*(&)(&!")#,%(&!"& -15('&%"/%F%@%-+3&,+54"4"0&-(?'*3&;,%"*,:1"&7%,&7-1%0%#3&0(&@1-@1-&,'$%0%'"3&;1"#*1-&;,%"&#',(&5+01/'&
',$%/'&#(&.&;.',*+&.,%#(&01$3&2%&)(&!")#,%(&2%&!"&',$%/'&;-'"(*(%8 );%"+,%%&)(&-('?+&#1&("#(7'-1-8&!"&*,1;&"1&5'%&,+54"(&0(#4*&=15+*'*(&0%"&#.,;1-&/%*'-3&#',(&%()(&2%&(-&
x1,%1-&!"*,1;+*.,&=10(#+&F%&2%&".';*(3&*,%5%64"0&5(,(1&=.)&-'&!"*,1;',(3&)1@&7.,5+&0(&/'-1,%3&5%%&2%& #4*(/'&5%"1*(3&;("*,1&'&,();%,'3&;,%5("%"01:2%&5'*(,%'&7-1%0%#+&1F'*+3&';.%&,(%"*,+&!"&*,1;3&#."01#4"0&#'&
5%%&0(&);%,%*(8&I)(5("('&=10(#+*.,%-.,&;+54"*(2*%3&=10(#+*.,%%&#(,(2*%&'1&2%&(%&;(,%.'0(&0(&'#*%/%*'*( 1"&-.?.7+*&5.2%'&!"#,(0%"6'*+&0(&)*+;4"1-&;-(#'*&!"&#+-+*.,%(8
?271"%#+,%&5%"&?(, *-*
>%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&:&F&521'&#',*(
W_V
H4"0&%()(&0%"&*,1;1-&)+13&01$1-&()*(&!"#."=1,'*&-'&(L*(,%.,&0(&#('-'-*+&;',*(&'&#.,;1-1%&/%*'-3& !"&K7(,':U'5',&)(&;,(?+*('1&*.'*(&5'*(,%%-(&#',(&#.")*%*1%'1&".1'&"(@1-.')+&;(&#'-(&0(&'&7%&
?,'6%(&#+,(%'&;+)*,('F+&7.,5'&*,1;1-1%&#(&0.',5(8&!"&*%5;1-&;(,(?,%"+,%%&)'-(&;,%"&);'6%13&01$1-&()*(& *,%5%)+&!"*,:1"1%&0%"&#(-(&;'*,1&1"%/(,)1,%8&I5&#(,1*&)+&7'#&2%&(1&#(/'3&0',&'5&7.)*&,(71F'*3&5',%%&
-(?'*&0(&#.,;1-&/%*'-&,+5')&!"&*,1;1-&)+13&;,%"*,:1"&#.,0."&7-1%0%#&0("15%*&%5;,.;,%1&27A%8%#'89 H,('*.,%&0(&'#.-.&);1"4"01:5%A&i`%18(/&(3*%&4,('&"(3*%1*2,9&d1&'%#%&"1&42.%&81#,'&#(('&#(&3*%7&"2%&)+ &
H(-1-(-(&*,1;1-1%&'1&/%'6'&-.,&;,.;,%(3&%',&*.*'-%*'*('&5%-%',0(-.,&0(&/%(6%&#(-1-',(&#.")*%*1%(&/%'6'& ;'#(79&N%*+6*(/&')#18*+&3%&02,A(3*(&#1&#(%&5(&)('7'&*'9&C(&"2%&"1&"(&5()#2')(/&#+&"1&41*(7&)+&*( &
*,1;1-1%8&[%'6'&#(-1-(-.,&()*(&)*%51-'*+&0(&'#*%/%*'*('&;',*%#1-(-.,&#.,;1-1%&/%*'-8&H4"0&01$1-&/'&;+,+)%& ;'#(7&)+&!".(8(-%9&>16*(&!"&817%8(&#,('*(&3%&'#282&'%&)+&!"0(.%&*2*&#(('&#(&;'#(7&"2%&'%#%k9
0(7%"%*%/&*,1;1-3&#.,;1-&/%*'-&/'&51,%3&%',&5.',*('&)'&/'&'01#(&5.',*('&#.-."%%-.,&0(&#(-1-( :P'*+&:&'5&,+);1")&(1&:&/,('1&)+&5+&01#3&'=1*+:5+&)+&;-(#8
:B%"(/ &5%:'&,+);1")&S-&2%&5:'&#."01)&;4"+&!"&F."'&'&R-R:'&'&U'5',1-1%3&1"0(&'5&7.)*&-1'*&!"&
'-(&!"*,(?1-1%&*,1;8 ;,%5%,(&0(&o%%%&0%/%"%&'%&'#()*(%&5',%&F."(3&#',(&5:'1&!5@,+#'*&#1&'&;'*,'&$'%"+&7-1%0%#+3&$'%"'&0(&
!5@.-"+/%,(' & #.,;1-1% & /%*'- & ()*( & 1,5'*+ & !"*.*0('1"' & 0( & !5@.-"+/%,(' & *,1;1-1%3 & !" & -.#1-& 0,15&)'1&$'%"'&#.)5%#+8
#.,();1"F+*., & !5@.-"+/%,%% & #.,;1-1% & /%*'-8 & U(0%#1- & *(,()*,13 & ;,%" & 7-1%0(-( & 7%F%#( & #',( & !").6()#& a&0'*+&!5@,+#'*3&'5&7.)*&#."01)&;4"+&!"&F."'&'&R[:'&'&K7(,(%:U'5',3&1"0(&'-*(&)*,+-1#%*.',(&
5(0%#'5("*(-(&'05%"%)*,'*(3&/%"0(#+&/($%#.-1-&/%*'-&#',(&-'&,4"01-&)+1&'01#(&/%"0(#',('&*,1;1-1%8 G15%"%&5:'1&!5@,+#'*&#1&'&#%"#('&$'%"+&7-1%0%#+3&$'%"'&1"%/(,)%#+8&N+*%*&#1&'#()*(&!"/(-%21,%3&#'&1"&
H.%;1-&/%*'-&"1&';',6%"(&;,.;,%1:F%)&01$1-1%8&S-&()*(&.&!"/(-%*.',(&0(&.#'F%(3&-1'*+&.&0'*+&#1& 71-?(,&'5&)*,+@+*1*&#(-(-'-*(&F."(&'-(&U'5',1-1%3&0%"&#',(&#'1F+&":'5&;1*1*&)+&'7-1&#(&)(&7+#('&2%&
!"*,1;',('8&H.,;1-& /%*'-& '&7.)*&'"%"'*& 0(&(-(5("*(-(& ,(;,.01#+*.',(&'-(&#(-.,& 0.%&;+,%"6%8&H.,;1-& #15&(,'&;(&'#.-.88&I5&'7-'*&(1&5'%&*4,F%1&#+&.;(,'6%%-(&#(-(&5'%&!")(5"'*(&'-(&#,('6%(%&)(&7'#&5'%&
;-'"(*',&()*(&*%;',1-&01;+&#',(&)(&/'&7.,5'&#.%;1-&/%*'-3&%',&#.,;1-&/%*'-&/'&.,4"01%&#.-."%%-(&0(&#(-1-(& '-()&!"&F."(-(&;(,%7(,%#(&'-(&U'5',1-1%&)'1&5'*,%#(%&P'*+-1%8
;("*,1&'&)(&7.,5'&*,1;1-&15'"&'2'&#15&()*(&(-8 C(&'%#%&!"#.-.3&'5&'-(,?'*&;,%"&);'6%%-(&%5(")(&'-(&#.)5.)1-1%&2%&'5&/+F1*3&!"&0(;+,*',(3&5%#%&
I5&/+F1*&'-*+0'*+&#+&)#4"*(%'&"+)#1*+&0(&P'*+-&()*(&!"/(-%*+&!"&2';*(&;+*1,%&7-1%0%#(3&7.,5'*(& -15%"%8&I5&!"*,(@'*&;(&!").6%*.,%%&5(%&#(&)1"*&'#(-(&7,15.')(&-15%"%&2%&5%:'1&);1)&#+&)1"*&)*(-(-(&)'1&
7%(#',(&0%"&#.-."%%&0(&;',*%#1-(&/%%3&0%"&#(&!"&#(&5'%&;16%"&(/.-1'*(&2%&5'%&0(")(&);,(&(L*(,%.,1- ).,%%&0%"&1"%/(,)8
01$1-1%8 C1;+&.&/,(5(&!"?(,1-&#("*,'-3&#',(&"(&!").6('3&"(&);1)(A&BR'*+3&'5&)*,+@+*1*&/,(5(&!"0(-1"?'*+&
c('5%"*()#&#(('&#(&'5&);1)&#1&'-*+&.#'F%(A&)#4"*(%'&)'1&01$1-&;,.;,%1:F%)&'&7.)*&(5%)&0(&P'*+-8& #.)5.)1-&2%&'#15&%"*,+5&!"*,:1"1%&0%"&1"%/(,)1,%E8
H4"0&'5&7.)*&(5%)&0(&P'*+-3&(,'5&.&)7(,+&?4"0%*.',(3&0',&%5.@%-+Q&"1&2*%'5&)+&5+&5%2#3&0(.',(#(&"1& I5&)*,+@+*1*&/(,*%?%".)&;,%"&.#('"1-&7-1%0%#&'-&1"%/(,)1-1%&2%&0(&-'&.&/,(5(&'5&#.")*'*'*&#+&
'/('5&/.%"6+8&C1;+&#(&'5&)*'*&!"&#.,;1-&o%1-1%3&!"&K7(,':c();%,'*.,3&'5&0.@4"0%*&7'#1-*'*('&0(&'&/.%8& 5(,)1-&".)*,1&):'&5'%&!"#(*%"%*8&J%&):'&);1)&'*1"#%&#+&'5&%"*,'*&!"&'*5.)7(,'&7-1%0%#+&'&1"1%&).',(8
U'%&*4,F%1&!"&U'5',&'5&!"/+6'*&)+&5+&5%2#8&N,'6%(&'#()*.,&!")12%,%&'5&/.%*&2%&'5&%(2%*&)%"?1, &0%"& a3 & C.'5"(3 & #15 & -:'5 & '05%,'*M & H( & 5',( & (,' & 2% & #( & 7,15.) & )*,+-1#('M &I5 & /+F1* & '%#% & !"?(,%&
K7(,'&0%/%"+8&S,'5&%"*(-%?("*&0(&-'&P'*+-3&2*%'5&)+&?4"0()#3&0',&"1&;1*('5&)+&7'#&"%5%#3&0(.',(#(&"1& ')(5+"+*.,%&#(-.,&0%"&U'5',3&0',&-(&-%;)('&#(/'3&#+#%&"1&(,'1&!"*.#5'%&#'&S%8&C',&;,%"*,(&(%&'5&F+,%*&
'/('5&/.%"6+8&C%"&P'*+-&'5&%(2%*&2%&'5&%"*,'*&!"&c();%,'*.,3&%',&0(&'#.-.3&01;+&1"&*%5;3&'5&%"*,'*&!"& ;(&T"1-&#',(&(,'&'%0.5'&#1&o%1-&5'5',&0%"&F."'&'&R-R:'8&J%&):'&);1)&#+&(&K*+;4"1-&'#()*1%&).',(8
U'5',3&2%&'"15(&!"&F."'&o%%-.,&0(&C15"(F(13&;,%5'&F."+&'&U'5',1-1%8 J(:'5&;-(#'*&#1&*.6%%&G1%8&S-&"(:'&@.*(F'*&7-1%0%#&#1&@.*(F1-&K+1&#(-&)74"*8&I;.%&'1&/("%*&)-1=%*.,%%&
P'*+-3&K7(,'&#("*,'-+&'&G'@.,'*.,1-1%&)(&0%-'*+&2%&#."*,'#*+8&H4"0&):'&#."*,'#*'*3&5:'&(-%5%"'*3& K+%&2%&"(:'1&!"/+-1%*&;(&7%(#',(&#1&.&;4"F+&7-1%0%#+3&'&2')('&$'%"+&7-1%0%#+3&2%&0(.0'*+&"1&G:'5&5'%&
!5;,(1"+ & #1 & 5%-%',0( & 0( & 01$1,% & ')(5+"+*.',( & 5%(8 & R(2%,(' & 0%" & F."' & C%/%"+ & !" & F."' & o%1-1%3 & '& /+F1*&;(&K1/(,'"1-&'#(-1%&).',(8
9(#*.,'-1-1%&'&7.)*&;("*,1&5%"(&1"&7(-&0(&5.',*(Q&'5&51,%*&;("*,1&H("*,1-&0%/%"8&I;.%&9(#*.,'-1-&):'& T"&?-')&"(&);1"('A&BC(&'#15&"1:G&/(6%&5'%&/(0('&;(&'#()*&!5;+,'*3&;4"+&"1&/(6%&*(,5%"'&2#.'-'&
0%-'*'*&2%&#15&"1&2*%'5&)+&5+&5%2#3&1"&'"15%*&#1,("*&0%"&)4"1-&9(#*.,'-1-1%&5:'&'01)&;4"+&';,.';(& ;-'"(*(%&;(&#',(&/(6%&5(,?(E8&J(:'5&!"*,%)*'*&2%&'5&!"#(;1*&)+&;-4"?(58&T"&!"?(,&).-',&"(:'&);1)&)+&
0(&)1;,'7'6'&)'&(L*(,"+8&H4"0&K7(,':9(#*.,'-&'&!"#(;1*&)+&)(&#."*,'#*(3&'5&7.)*&(L;1-F'*&!"&U'5',&2%& '/(5&,+@0',(3&#+&/.5&'/('&7(,%#%,('&)+:G&5'%&/(0(58&I;.%&'5&7.)*&-1'6%&0(&1"&!"?(,&).-',&2%&#."012%&
;,%")&0(&1"1-&0%"&"15(,.2%%&)+%&o%%&0%/%"%8 ;4"+&-'&;-'"(*'&;(&#',(&"(:'5&7+#1*&;,%5'&2#.'-+&;-'"(*',+&2%&1"0(&'5&!5@,+#'*&'&2';*('&$'%"+&
J(5%2#'*3&'5&)*'*&!"&K7(,'&P'*+-1%&2%&!"&9(#*.,'-3&0',&'#153&#4"0&'5&%"*,'*&!"*,:1"&7-1%0&5'%&0(")& 7-1%0%#+8
0(#4*&#(-&0%"&9(#*.,'-3&2%&7%%"0&-%;)%*&0(&/.%"6+3&'5&,+5')&2%&5'%&"(5%2#'*8&I*1"#%&1"1-&0%"&o%%3&1"1-& C%"&!"+-6%5('&'*5.)7(,(%&7-1%0%#(&'&'#()*(%&;-'"(*(&"(:'5&#.@.,4*&#+*,(&)1;,'7'6'&(%&2%&"(:'5&
0%"&I1L%-%',(-(&;,%5(&'-(&P'*+-1%3&5:'&!"?$%6%*&:&#'&)+&F%#&'2'&:&2%&'5&#.")*'*'*&#+&5+&5%2#+3&5+& !"?,.F%*&0(&#(('&#(&'5&/+F1*8&I5&;-4")3&#+#%&'%#%&'5&#1".)#1*&01,(,('8&I5&/+F1*&*.*&7(-1-&0(&7%%"6(8&
'5()*(#+&!"&#.,;1-&K+1&7-1%0%#3&%',&-'&1,5+&5+&!"/(-(2*(&#1&.&#'"*%*'*(&0%"&7-1%01-&K+1&:&#.-."%(&0(& I5&/+F1*&;(&.51-&*,1;()#&-./%"0&2%&.5.,4"01:2%&7,'*(-(8&Ba3&P'*+3&)74"*&P'*+&:&'5&)*,%?'*&0%"&*.'*(&
;',*%#1-(&/%%3&;(&#',(&-(:'&-1'*&-'&,4"01-&K+1&#'&$,'"+&0%"&5(0%1-&!"#."=1,+*.,&'-&K7(,(%:U'5',8&C%"& ;1*(,%-(&)17-(*1-1%&5(1&:&"1&5'%&/,('1&)+:%&/+03&"1&5'%&/,('1&)+&)*'1&'%#%3&#$('5+:5+&-'&P%"(3&P'*+3&
'#(')*+&$,'"+3&;,(-1#,'*+&!"&)4"1-&#.,;1-1%&K+1&;(,%);%,%*1'-3&5%:'&0'*&2%&5%(&.&;+,*%#%#+Q&C1;+&#(&5:'& "1&5'%&;.*&)1;.,*'&'#()*(&?,.F+/%%ME
!"7+21,'*&@%"(3&'5&#.")*'*'*&#+&5+&;.*&5%2#'3&2%&;,%"&/.%"6'&"+)#1*+&'#15&!"&5%"(&'5&%(2%*&0%"&#.,;1-& C(&'*1"#%&'1&*,(#1*&5%-%',0(&0(&'"%M&H'&1"&;(-(,%"&'5&)*,+@+*1*&0%"&)%)*(5&!"&)%)*(5&2%&0%"&;-'"(*+&
K+18&C',&%5(0%'*&#(&'5&7.)*&'7',+3&'5&#.")*'*'*&#+&"1&5'%&2*%'5&#(('&#(&#1".2*('5&;(&#4"0&(,'5&!"& !"&;-'"(*+8&I#15&2*%1&2%&!"6(-(?&,.)*1-&*1*1,.,&*,(;*(-.,&;,%"&#',(&S-&"(&;.',*+8&I#15&7'#&/.%'&P'*+-1%&2%&
P'*+-8&I*4*&0(&51-*&5%:'&!"*1"(#'*&5(5.,%'3&!"#4*&"1&2*%'5&#%"(&)1"*&2%&0(&1"0(&'5&/("%*8 RR & %1@()# & ;( & .#,.*%*.,1- & ".)*5 & 0%,(#*3 & ;( & )74"*1- & ".)*,1 & K*+;4" & 0( & '%#%3 & #',( & "( & !"0,15+ & #1&
C1;+&'#(('&'5&7.)*&*,%5%)&!"&F."'&'&R%:'&'&U'5',1-1%8&I%#%3&1"1-&0%"*,(&o%%%&0(:'-&0.%-('&?,'0& 015"(F(%')#'&K'&!"6(-(;#%1"(3&#'&)+&"(&54"*1%53&;("*,1&'&"(&!"*.',#(&0%"&".1&-'&P'*+-8
(/.-1*%/3&K7%"*(-(&C1$1,%&C%/%"(3&5:'&!"?$%6%*&2%&!"/(-%*&#1&!"#+&.&$'%"+3&';.%&'5&7.)*&(-%5%"'*&2%&0(&
S-8&C',&):'&!"*45;-'*&#1&5%"(&.&5%"1"(8&H4"0&'5&7.)*&'@).,@%*3&?4"0('53&'/('5&/.%"6+3&;1*('5&)+&
-1#,(F3&0',&-1#,',('&5('&(,'&0(F.,0."'*+3&0(.',(#(&"1&(,'5&(01#'*8&C1;+&#(&'5&)*'*&!"&#.,;1-&K+1& H%/%-%F'6%%-(&0(&'-*+0'*+&:&9.*.;1-
'5&7.)*&'*4*&0(&*,'")7.,5'*3&!"#4*&'5&0(/("%*&;')%/3&)1;1)&2%&0(#%&0%)#%;-%"'*8&S-&(,'&5'%&0(")&0(#4*&
o%1-&0%"*4%3&%',&(1&7%%"0&7+#1*&;')%/3&":'5&5'%&;1*1*&%(2%&;,%"&;,.;,%'&5('&/.%"6+&0%"&S-3&#%&S-&:&;,%"& Ge
/.%"6'&K'&:&5:'&(L;1-F'*&!"&'7',+8&I*1"#%&'5&#.")*'*'*&#+&2*%'5&)+&?4"0()#3&#+&;1*('5&)+&/.%()#&2%&)+& Ñ"'%"*(&0(&'&#.51"%#'&#(/'&1"1%&!"*,1;'*3&("*%*'*('&);%,%*1'-+&*,(@1%(&)+:<&(L'5%"(F(&2%&)+&/'0+&
-1#,(F&0%)#%;-%"'*3&'0%#+&0(/("%)(5&!"6(-(;*8 0'#+&'0(/+,1-&%"*("6%."'*&);,(&'&7%&#.51"%#'*&#.,();1"0(&?,'01-1%&(/.-1*%/&'-&01$1-1%&,();(#*%/8&
9(&#4"0&(,'5&!"&9(#*.,'-1-&P'*+-1%3&(,'5&"15'%&-E"5%,(&%"*(,%2',+/&!"#$%)+/&%"'#*%0+/&;("*,1&#+& C'#+&!"*,1;'*1-&5(,%*+&,+);1")1G&-'&.&;,.@-(5+&"(#1".)#1*+&0(&("*%*'*('&);%,%*1'-+3&('&';(-('F+&-'&.&
"1:5%&;1*('5&(L;,%5'&?4"0%,('8&!"&;,%51-&o%1&0%"&U'5',3&'5&0(/("%*&-E"5%,(&'#*%0+/&(5%6+*.',(&0(& '-*+&("*%*'*(3&#1".)#+*.',(&'&)1@%(#*1-1%&,();(#*%/3&#',(&/'&/("%&2%&!-&/'&7'#(&#1".)#1*&!"*,1;'*1-1%8
1"0(3 & 0', & "1 & ;1*('5 & ;,%5%3 & 0(.',(#( & "1 & #1".2*('5 & ;')%/%*'*('8 &I@%' & '- & 0.%-(' & o%1 & 0%" & U'5',3& !"&*%5;1-&).5"1-1%&*,1;1-1%&)+13&01$1-&15'"&!2%&7'#(&!"&);'6%1&'"'-%F'&#1".2*%"6(-.,&#."2*%%"6(%&
K74"*1-&C1$&C%/%"3&5:'&!"/+6'*&)+&;,%"0&1"0(-(&2%&0(#%&)+&!"6(-(?&?4"01-&(5%)&0(&)(5("%%&5(%8&I2'0',& )*+,%%&)'-(&0(&/(?$(3&2%&#.")*'*4"0&#4*&0(&;16%"&2*%(&#'&.5&*,1;()#3&,.'?+&.&("*%*'*(&)1@'-*(,"+3&)'1&1"&
!"*4%'&.',+3&;(&#4"0&(,'5&!"&)4"1-&P'*+-1%3&0(2%&/(0('5&2%&2*%'5&#(&(&'#.-.3&"1&;1*('5&);1"(&2%&"1& ;,%(*("&);'6%'-3&)+:%&#.51"%#(3&#4"0&/'&7%&!"&*,1;3&.&'"15%*+&;,.@-(5+&:&#1".)#1*+&0(&(-&#'&);%,%*3&0',&
2*%'5&#(&(L%)*+&!"&'7','&P'*+-1%&5(18&9(&1,5+&5:'5&;.5("%*&#1&7'#1-*'*('&0(&'e:5%&(5%*(&?4"01,%-(8& "(#1".)#1*+&#'&!"*,1;'*8
I#15&'2&7%&;1*1*&);1"(&#(&(&-'&P'*+-3&0',&"1&5'%&2*%'5&"%5%#3&1%*')(5&*.*1-8&!"&7%"(3&!"&'-&0.%-('&o%1& H1".2*%"6(-( & .51-1% & 0%"*,:. & /%'6+ & .',(#',( & )1"* & !" & #."*%"1',(' & #(-., & #1".)#1*( & !" & *,(#1*1-&
'5& !"/+6'* & )+ & '10 & #(:5% & /.,@(2*( &1"1- & 2%& '-*1-8 & C( & '#15& '5 &0(/("%* &1" &01$ &;( & 0(;-%" & 7.,5'*3& !"0(;+,*'*8&C%"&/%'6+&!"&/%'6+&.51-&2*%(&*.*&5'%&51-*3&1,#4"0&5(,(1&)#','&(/.-16%(%8&S/.-16%'&)'&(&!"&
0(.',(#(&?4"0('53&#.51"%#'5&2%&'1F('58 -(?+*1,+&#1&(/.-16%'&9+54"*1-1%8&SL%)*+&.&)*,4")+&0(;("0("6+&!"*,(&0(F/.-*',('&.51-1%&2%&(/.-16%'&
U1-*+&/,(5(&'5&;(*,(#1*&!"&)4"1-&K7(,(%:U'5',3&!"&'#()*&c'%&#(,()#8&I#.-.&'5&;,%5%*&.&5',(& 9+54"*1-1%3&!"*,(&(/.-16%'&%"0%/%01-1%&2%&(/.-16%'&;-'"(*(%8&G'&,4"01-&(%3&(/.-16%'&;-'"(*(%&()*(&!"*,:1"
!"/+6+*1,+3&0',&":'5&;1*1*&!"6(-(?(&#(&7+#('1&5',%%&o%%&0%"&U'5',8&I1F('5&#."/(,)'6%%-(&-.,3&)*10%%-(&
-.,&)'/'"*(3&0',&(1&:&@%(*&01$:#.;%-3&'@%'&"+)#1*&0(&#4*(/'&5%%&0(&'"%&:&"1&;1*('5&;,%#(;(&"%5%#8
?271"%#+,%&5%"&?(, W_Y
W_X >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&:&F&521'&#',*(
SL;-%#'6%'&'#()*1%&7';*3&"(2*%1*&0(&/.%3&()*(&1,5+*.,1-8&H4"0&1"&?,1;&0(&01$1,%&2%:'&*(,5%"'*&
,';.,*&%"*%5&#1&(/.-16%'&')*,1-1%&0(&#',(&';',6%"(8&C1;+&#15&(L%)*+&.&-(?+*1,+&)*,4")+&!"*,(&%"0%/%03& 2#.'-'&;-'"(*',+3&(-(&;+,+)()#&'#(')*+&;-'"(*+&2%&!"&-.#1-&-.,&/%"&'-*(&01$1,%3&0(&;(&.&;-'"(*+&%"7(,%.',+8&
;-'"(*+&2%&).',(3&*.*&')*7(-&(L%)*+&.&-(?+*1,+&!"*,(&(/.-16%'&#.-(#*%/%*+6%%&2%&'&?1/(,"'*.,1-1%&(%8 S-(&/.,&?+)%&'%#%&#')(3&5'2%"%3&.@%(#*(&:&#1&51-*&5'%&%"?("%.')(&0(#4*&'-(&/.')*,(&:&,+5')(&0(&-'&/'-1-&
a51-&)(&"'2*(3&*,+%(2*(&;(&;+54"*3&-1#,('F+&-'&.&.;(,+&.',(#',(&2%&';.%&5.',(8&a51-&"(2*%1*.,& 0(&01$1,%&;-(#'*(3&0',3&"(2*%%"0&#(&)+&7'#+&#1&(-(3&-(&-')+&!"&;','?%"+3&0+,+;+"4"01:)(3&,1?%"%"0&2%&
#,(0(&#+&'%#%&):'1&!"#$(%'*&.;(,'&2%&#',%(,'&)'8&I0(/+,1-&()*(&#+&(-&/'&,("'2*(&2%&!2%&/'&#."*%"1'&.;(,'& ;%(,%"08&I)*7(-&F'#&)1@&;+54"*&;'-'*(&2%&.,'2(&'-(&/'-1-1%&;-(#'*8
'"*(,%.',+3&01#4"0:. &5'% &0(;',*(3 &0()+/4,2%"0:.8 &C( & ,(?1-+3&0'#+ &!"*,:. &/%'6+&6%:'&;-+#1*& 51-*&.& a51-:01$&!"*,1;'*&.&/'&-1'&0(&-'&7%"(-(&/%(6%%&)'-(3&0%"&;-'"(*'&0(&1"0(&'&/("%*3&#1&2*%%"6'&)'3&=',&
#',%(,+&:&0(&(L(5;-13&5(0%#&:&,(%(%&2%&!"&'-*(&/%(6%&'#(('2%&#',%(,+3&;("*,1&'&.&01#(&;(&.&*,(';*+& *.*&#(&'&?+)%*&)(&/'&,1%"'3&7%%"0&;+,+)%*3&0(.',(#(&"1&2*%(&)+&-(&7.-.)(')#+8
)1;(,%.',+&0(&#1".2*%"6(8&I2'0',&):',&;1*('&#'&5(0%#1-&0(&'F%&)+&7%(&#(-&0(&%(,%8 !"?(,%%&*(,(2*,%&"(&);1"&#+&9+54"*1-&(/.-1('F+&;(&#%#-1,%8&C1;+&.&#%/%-%F'6%(&1,5('F+&.&@',@',%(&
C()+/4,2%,('&!"*,:.&#',%(,+&"1&)(&7'#(&;,.;,%1:F%)&;(&;+54"*3&#%&!"&);'6%13&1"0(&?+)(2*%&5(*.0(& 2%&01;+&('&/%"(&%',&.&#%/%-%F'6%(&2%&'2'&5(,(1&5'%&0(;',*(8&C(&-'&';',%6%'&)'3&;+54"*1-&/.)*,1&',(&5'%&
".%3&#1".2*%"6(&".%3&2%&#4"0&*(&,(!"*,1;(F%3&?4"0%"0&-'&(-(3&/%"&#'&%"*1%6%%&!"&5%"*('&*'&0(&.5&*,1;()#8& 51-*(&5%-%',0(&0(&'"%3&%',&0(&-'&';',%6%'&.51-1%&;(&;+54"*&'1&*,(#1*&5%-%.'"(&0(&'"%8&H4*(&#%/%-%F'6%%&
S-(&)1"*&.&,(?+)%,(3&.&,('5%"*%,(&'&%0(%-.,&#42*%?'*(&!"&);'6%1&!"'%"*(&0(&!"*,1;',(8 ):'1&!"2%,'*&!"&(L%)*("6'&-1%M&H4*(&#%/%-%F'6%%&F+#&!"&'04"#1-&.#('"(-.,&#(&'1&!"?$%6%*&/(#$%-(&#."*%"("*(3&
H$%',&0'#+&'%& '=1") &-'& ;1"#*1-&0(&'&'/('&-(?+*1,%&0(&;,%(*("%(&#1&#(%&0%"& );'6%13&(%&"1&;.*&)+:6%& 1"0(&;,()%1"%-(3&5%2#+,%-(3&15%0%*'*('3&".%'"1-&!"*,(?&0(&7.,6(&'1&)#$%5@'*&2%&0%)*,1)&*.*1-M&%&P.*&
#.51"%#(&#1".2*%"6(&#(&*,(#&0(&?,'01-&*+1&(/.-1*%/&2%3&0(&,(?1-+3&"%#%&#$%',&#(-(&'-(&?,'01-1%&*+18&C(& !"?(,%%&"(&5'%&);1"&#+&#%/%-%F'6%'&;,(#(0("*+&'&7.)*&!"&1"(-(&;,%/%"6(&5'%&!"'-*+&0(#4*&#('&;,(F("*+3&
(L(5;-13&1"&01$&!"*,1;'*&'&'=1")&-'&?,'01-&0(&'&#1".'2*(&*.'*(&;,.@-(5(-(&;4"+&-'&-%*(,'&J9&a,%#',(& ;.)(04"0&0%7(,%*(&B5'2%"%E&5'%&%"?("%.')(8&S'&F'#(&'F%&!"&'04"#1-&.#('"1-1%&I*-'"*%#8&S1,.;'&(L%)*'&
',&7%&("*%*'*('&#(&#.51"%#+3&('&*,(@1%(&)+&6%"+&)('5'&0(&,(?1-'&)*'@%-%*+&!"&H(,A&@+&#271"%#(&'#()*1%& !"&*%5;1-&'#(-'3&0',&)1;,'7'6'&(%&(,'&5'%&;-'"+3&5'%&=.')+3&'#.;(,%*+&0(&5-'2*%"%&2%&'/('&.&#-%5+&
)4%,%*&!"*,14'*&52',&#1"23*%".(&4E"+&8'&8%*(,'&:/&A'&#$%',&4E"+&8'&<9&N'5'&#1".2*%"6(-.,&0(&-'&:&-'&J& "()+"+*.')+3&5.*%/&;("*,1&#',(&(,'&"(-.#1%*+8&T)#'*1-&"15%* &F*8'"*%5'/ &1"0(&'&!"7-.,%*&. &#%/%-%F'6%(&
'&"(#()%*'*&5%%&2%&5%%&0(&'"%3&!"&*(,5("&5(0%13&';,.L%5'*%/&<q8qqq&0(&'"%8&C(&'%#%&)(&/(0(&#4*&0(&?,(1& )*,+-1#%*+3&)(&!"*%"0('&';,.L%5'*%/&0%"&0,(;*1-&(#1'*.,1-1%&;4"+&!"&0,(;*1-&J.,/(?%(%8&I/('&1"&;+54"*&
)(&'#151-('F+&#1".2*%"6(-(&!"&5(5.,%'&1"1%&);%,%*8&R'*+&0(&#(&()*(&"(#()',+&,(;(*',('&#."*%"1+3&'"%&2%& 7(,*%-&2%&.&#-%5+&)+"+*.')+8&a&0'*+&#1&)#171"0',('&(%3&01$1,%-(&'1&;-(#'*&2%&#%/%-%F'6%'&(%&0.',5(&2%&'F%&
'"%3&'&'#(-.,'2%&%0(%3&;("*,1&#'&(-(&)+&)(&!"*%;+,(')#+&;("*,1&*.*0('1"'&!"&);%,%*8 ).5"1-&0(&/(#%8
I#(')*+&01,'*+&-1"?+&0(&*%5;&()*(&#(,1*+&2%&0(&7';*1-&#+&5',%%&#1".)#+*.,%&;,(0'1&#1".2*%"6(-(& J.%3 &01$1,%-(3 & /("%5& 2%& ;-(#+53& )1@ & 7.,5+& 0( &/'-1,%3& ')(5+"+*., &@(,F(-., & /.')*,(3& #',(& /%"&
".%&-'&1"&'"15%*&*(,5("8&J1&)(&;1"(&"%#%&.&?,'@+&!"&(L;1"(,('&-.,3&0',&"%#%&("*%*+6%-(&);%,%*1'-(&"1&)(& ;,%5+/','&2%&;-('#+&*.'5"'8&SL%)*+&1"&)1;,':/'-3&#(-&'-&%10(%-.,3&'-&#+,1%&01,'*+&0(&2(0(,(&;(&9+54"*&
;,('&?,+@()#&)+&-(&5(5.,(F(8 ()*(&5'%&5',(&0(#4*&'&".')*,+8&C',&2%&(%&;-('#+&/'-&01;+&/'-3&0(&;(&'#(')*+&;-'"(*+8
!"/+6+*1,' & ',( & 0.1+ & ;+,6%A & 1"' &*(2,(*%#+ &)'1 &'A)*,'#*+ &: & .@6%"1*+ & !" & );'6%13 & 2% & '-*' &4,'#*%#+& 9%(%,('&1"(%&#%/%-%F'6%%&)(&0'*.,('F+&1".,&#'*'#-%)5(8&a,&'#()*(&#'*'#-%)5(&)(&;,.01#&#1&.&.',(#',(&
:';-%#'*+&;(&;+54"*8&c(F1-*+&#+&7%(#',(&;-'"(*+&(&1"&7(-&0(&-'@.,'*.,8&!"&H(,1-&)'1&);'6%1-&(%3&)(& ,(?1-',%*'*(3&7%%"0&0'*.,'*(&1".,&7(".5("(&#.)5%#(&#(&'1&-.#&-'&'"15%*(&(;.#%8&)%8&&&&H'*'#-%)5(-(&)(&
#."#(;(Q&%',&;(&;+54"*&)(&';-%#+&#(-(&#."#(;1*(8&C1;+&#15&;(&;+54"*&*.*&"'21-&',(&1"&"'23&*.*&')*7(-& ;,.01#&0'*.,%*+&0%-'*+,%%&2%&#."*,'#*+,%%&?-.@1-1%&*(,()*,18&9+54"*1-&)(&#.5;.,*+&#'&.&7%%"6+3&'0%#+&
2%&!"&);'6%1&.,%#(&5'()*,1&',(&1"&)1;(,%.,3&1"&5'()*,1&5'%&2*%1*.,8 ,();%,+3&%");%,4"0&2%&(L;%,4"08&H'1F'&'#()*(%&157-+,%&2%&0(F157-+,%&)(&'7-+&!"&K7(,'&0%/%"+3&P,."1-&
H1".2*%"6(-(&0'*(&*,(@1%(&!"/+6'*(3&;("*,1&#+&/(%&0'&(L'5("8&C1;+&#15&(L%)*+&1" &d,%A1"'8&72,'8/& o%%"6(%&)1;,(5(8
(L%)*+&2%&1"&d,%A1"'8&3*%%".%;%#9&C1;+&5',%&;(,%.'0(&0(&*%5;&(2*%&#$(5'*&!"&7'6'&P,%@1"'-1-1%&2*%%"6%7%#3& G' & '"15%*( & ;(,%.'0( & 5',% & 0( & *%5; & K7(,' & 0%/%"+ & )( & 0%-'*+ & 2% & )( & #."*,'#*+8 & C%-'*',(' & S% & ',(&
2%&0'#+&'%&*,(#1*&#1&@%"(&(L'5("1-3&6%&)(&'*,%@1%(&1"&?,'0&".18&P,(#%&0(&-'&-%*(,'&J&-'&S9&9(&;+54"*3&1"& ,(;(,#1)%1"%&')1;,'&*1*1,.,&#.,;1,%-.,&2%&5(0%%-.,&0%"&%"*(,%.,1-&)7(,(%:#.)5.)8&K7(,'&#("*,'-+&',(&.&
(-(/&',(&"(/.%(&0(&1"&'"&0(&F%-(&)+&*,('#+&0%"*,:.&#-')+&!"*,:'-*'8&!"&H(,3&#'&)+&;,.5./(F%&0(&-'&1"&?,'0& 0%5(")%1"(&%"#.5(")1,'@%-+&;("*,1&".6%1"%-(&/.')*,(8&H4"0&S'&)(&0%-'*+3&;,()('F+&7-1%01-&#.)5%#3&
-'&'-*1-3&!"&#1".2*%"6(3&'%&"(/.%(&0(&<q:<\&5%%&0(&'"%8&C1;+&#15&1"&(-(/&"1&;.'*(&5(5.,'&1"&5'*(,%'-& #',(&-'&,4"01-&)+1&;,()('F+&7-1%01-&0%"&)7(,(-(:1"%/(,)8&K1@&'#6%1"('&;,()%1"%%3&)7(,(-(:1"%/(,)&0(/%"&
#(&*,(#(&0(&;1*(,%-(&)'-(&%"*(-(#*1'-(3&*.*&'2'&01$1-&!"*,1;'*&'1F%"0&0(&#1".2*%"6(&#(&0(;+2()#&"%/(-1-& 5'%&5%#%&2%&5(0%1-&-.,&%"*(,"&5'%&#.5;,%5'*3&(L(,#%*4"0&.&;,()%1"(&')1;,'&)*(-(-.,&2%&;-'"(*(-.,&0%"&
)+1&(/.-1*%/3&"1&)%5*(&"%#%&1"&%5;1-)&;("*,1&'&-(&#1".'2*(8&S-&,(71F+&)+&)(&.#1;(&#1&;,.@-(5(&#',(& %"*(,%.,1- & -.,8 & 9,%" & 1,5',(3 & 7-1%01- & 0%" & =1,1- & ;+54"*1-1%3 & .,%#4* & 0( & 7%" & ', & 7%3 & 0'#+ & ( & )%-%* & )+ & )(&
"1:%&7'#&;-+#(,(&2%&"1:<&%"*(,()('F+&0(-.#8 !"0()(')#+3&(L(,#%*+&.&;,()%1"(&')1;,'&?-.@1-1%&*,()*,18&H15&';'&0(&;(&)1;,'7'6'&;+54"*1-1%&()*(&.&
J(:'5 & -1'* & '"?'='5("*1- & )+:6% & !5@.?+6%5 & #1".2*%"6(-( & 0( & .5& *,1;()#8 & C', & . & 7'#(5 & *,(;*'*3& 5'*(,%( & 5.@%-+3 & 7%%"0 & ;,()'*+3 & )( & ,(/',)+ & ;()*( & #."*%"("*(3 & #',( & 2% & (-( & )( & -')+ & !" & =.) & !"*,1#4*/'8&
;("*,1&#+&0(2%&#."6%"1*1-&5(5.,%(%&*'-(&);%,%*1'-(&()*(&7.',*(&5',(3&0'#+&'5&#+1*'&)+:<&*,'");1"(5&!"& I04"#1-&.#('"(-.,3&7%%"0&121,'*&;("*,1&1"&5.5("*&0(&';'&0(&0(')1;,'3&)(&,%0%#+3&7%%"0&)%-%*&0(&1)#'*1-&
5(5.,%'&*'&*,1;(')#+3&!"&#."2*%%"6'&)*+,%%&*'-(&0(&/(?$(3&',&7%&#'&2%&#15&'5&;1"(&.&@1#'*+&0(&?$('6+&;(& !"?,(1"'*&0(&,(/+,)',('&2%&;,()%1"('&';(%8&9,%"&1,5',(3&#'*'#-%)5(-(&0(&;(&)1;,'7'6'&;-'"(*(%&".')*,(&
1"&@(#&!"#%")&:&',&;-()"%8&C'#+&6%&):',&0'&#1".2*%"6(&0%"*,:.&0'*+3&*(:'%&)%56%&("*1F%')5'*3&7(,%#%*3&2%&!"& '1&7.)*&;,./.#'*(&0(&;,()%1"('&7-1%01-1%&0%"&=1,1-&;+54"*1-1%8
(L1@(,'"6'&)17-(*1-1%&*+13&'%&#.51"%#'&';.%&2%&'-*.,'8&!")+&(%&"1&*(:',&5'%&;1*('&!"6(-(?(&2%&',&#,(0(&#+& I(,1-&()*(&%"/%F%@%-3&#'&2%&7-1%01-8&C'#+&%"*,.01#%&!"*,:1"&*1@&0(&)*%#-+&'(,&2%&!-&;,()(F%&;,%"*,:1"&
6%:'%&;%(,01*&5%"6%-(3&#+&'%&!""(@1"%*8&!"&5',('&*'&@1#1,%(3&6%:'%&;%(,0(&(#$%-%@,1-3&2%&#(%&"(;,(?+*%6%&)+& ;%)*."3&)(&/'&/(0('&#+&(-&)(&)*,4"?(3&0',&0(&-'&.&/,(5(&"1&5'%&#(0('F+3&2%&'*1"#%&.,%&,();%"?(&;%)*."1-3&
;,%5(')#+&'#(-(&#1".2*%"6(&*(&/.,&)#.'*(&0%"&,4"01-&#(-.,&B".,5'-%E&2%&*(&/.,&*,(#(&!"&,4"01-&#(-.,&#(& .,%&);',?(&;(,(6%%&/')1-1%8&o-1%01-&)(&#.5;.,*+&')(5("('&'(,1-1%A&)(&#.5;,%5+3&0',&"1&;4"+
2%:'1&;%(,01*&5%"6%-(8 -'&%"7%"%*8
H1".2*%"6(-(&*'-(&)1"*&!"&)#4"*(%'&0(&0(')1;,'&#';1-1%&*+18&C%"&('&".%&-1+5&2%&-(&*,'");1"(5 H4"0&K7(,'&#("*,'-+&/'&!"#(;(&)+&)(&#."*,'#*(3&7-1%01-&#.)5%#&)(&/'&0()*%"0(3&)7(,(-(:1"%/(,)&/.,
#(/'&5'%&=.)8&9,%5(2*%&*,(;*'*3&*(&.@%2"1%(2*%&#1&#-#&2%&"#5'%7%%"0&';,%")3&-(&'#.,F%&*.'*+&%5;.,*'"6' 7%&121,'*(&0%"&;,()%1"(3&%',&7-1%01-&-.,&0(/("%"0&5'%&,',3&;-'"(*(-(&2%&).,%%&/.,&#+1*'&)+&)(&0%-'*(8
#1/("%*+3&')(5("('&)'/'"*1-1%&#',(&"1&)*+&0(&/.,@+&0();,(&#1".2*%"6(-(&)'-(&#1&).6%'&)'1&#(%&0%"&=1,1- I#(')*+&0%-'*',(&',(&#'&1,5',(&.&".1+&;(,*1,@',(&!"&,(-%(71-&;-'"(*(Q8&I2'0',&0%-'*',('&2%&#."*,'#*',('
)+13&#%&"15'%&#1&#(%&0(&);(#%'-%*'*('&)'8 88&&= ;-'"(*(%&',(&#'&1,5',(&"'2*(,('&0(&".%&#."*%"("*(3&5+,%&2%&.#('"(8&!"&?("(,'-&#4"0&)(&#."*,'#*+&)7(,'
K+&"1&#,(0(6%&#+&6%"(5&#'&-15('&".')*,+&)+&7%(&0()#.;(,%*+&;,%51-1%&/("%*&)'1&#'&*'%"(-(&-15%-.,& *(,()*,+&#."*%"("*(-(&#.@.',+&)1@&"%/(-1-&';(%8&H4"0&)(&0%-'*+3&,%0%#+&;+54"*1,%-(&'#.;(,%*(&0(&';+
".')*,(&)+&*1-@1,(&5%"6%-(&"(;,(?+*%*(8&I2'0',3&2*%%"01:*(&*,(#1*&0(&7'F'&!"7-+#+,+,%%3&0(/("%"0&5'%& 2%&5'%&;16%"&#.")%)*("*(8 8&l&&&&&&&88
!"6(-(;*3&;1*(5&)+:6%&);1"(5&#1&#1,'=&0%"&'0(/+,1,%-(&#1".)#1*(&0(='&0(&);%,%*1-&*+13&#'&01$&-%@(,8 H'-#1-1-&'"%-.,&0%"*,:.&0%-'*',(&2%&.&#."*,'#*',(&"1&)(&;.'*(&(L;,%5'&0(#4*&;,%"&'"%&).-',%8&!"?(,%%
5'''''',$'''$'''-
9+54"*1-1%&);1"&#+&'"1-&).-',&()*(&*%5;1-&#4*&7'#(&).',(-(&".)*,1&1"&0,15&#.5;-(*&!"&=1,1-&;1"#*1-1%
#("*,'-&'-&)7(,(%&1"%/(,)1-1%&".)*,18 :
>*%5&#+&).',(-(&7'#(&1"&0,15&!"&7.,5+&0(&(-%;)+3&;-(#4"0&0(&-'&;(,%7(,%'&1"%/(,)1-1%&#+*,(&#("*,1-&
[.%&#.")%0(,'6%&#+&-15('&/(#$(&'&7.)*&)#171"0'*+&!"&!"*1"(,%#&2%&.5("%,('&'#*1'-+&)(&'7-+&!"& )+13&;(&#',(&!-&.#.-(2*(&2%&,(/%"(&%',&x'&;(,%7(,%(8&H'*'#-%)51-&)(&;,.01#(&#4"0&).',(-(&;.,"(2*(&0(&-'&
#1-5('&#%/%-%F'6%(%3&'0%#+&/%&)(&;',(&#+&.&#%/%-%F'6%(&#'&#('&'#*1'-+&"1&'&5'%&(L%)*'*&"%#%.0'*+8&J.%3& ;(,%7(,%(&);,(&#("*,1-&1"%/(,)1-1%8&!"#(;1*1-&'"1-1%&).-',&()*(&5.5("*1-&#4"0&(-&'&'=1")&-'&#("*,1&2%&)(&
'/4"0&-'&0%);.F%6%(&'-*(&$,%).'/(3&#1".'2*(5&'-*7(-&0(#4*&#15&#,(0(6%&/.%3&#'&.'5("%&*,1;(2*%8&>*%5&#+& *(,5%"+&#4"0&,(/%"(&'%#%8&C1,'*'&'"1-1%&".)*,1&).-',&6%"(&';,.L%5'*%/&_\8qqq&0(&'"%&*(,(2*,%&J.%3&
#(('&#(&)(&/(0(&'F%&;(&;+54"*&'&5'%&7.)*&'-*+0'*+3&#+&01;+&#15&'1&;%(,%*&#%/%-%F'6%%&/(#$%3&/'&;%(,%&2%& '#*1'-(-(&01$1,%3&"1&.&)+&5'%&';1#+5&1"&'-*&#'*'#-%)53&0(.',(#(&2#.'-'&".')*,+&(&5'%&)#1,*+&0(&
#%/%-%F'6%'&'#*1'-+8 _\8qqq&0(&'"%&2%&"1&)1"*(5&';,.';(&0(&'#(-&5.5("*8&G'&'#('&/,(5(3&/.5&7%&%")*'-'6%&0(='&;(&.&'-*+&
SL%)*("6'&.'5("%,=%&;(&'#()*&;+54"*&)(&!"2%,+&)1@&7.,5+&0(&/'-1,%8&C1;+&.&/,(5(&-1"?+&0(&F(#%& ;-'"(*+8&C',&1"%%&0%"*,(&(/,(%%&#',(&'1&.&2#.'-+&5'%&-1"?+3&5'%&'5',"%#+3&;(&'#(')*+&;-'"(*+3&/.,&
0(&5%%&0(:'"%3&#%/%-%F'6%'&;%(,(&2%&)(&!"*,."('F+&@',@',%'8&I#(')*+&-15(&)(&,%0%#+&*,(;*'*&!"&#1".'2*(,(& ;,%"0(&'#(-(&/,(51,%3&1"%%&0%"*,(&(%&/.,&'/('&1"&".1&;.*.;3&'0%#+&.&".1+&)#171"0',(&'&1)#'*1-1%8
2%&5.,'-%*'*(3&'=1"?4"0&0%"&".1&;(&/4,71-&/'-1-1%&#%/%-%F'6%(%8
W_Z >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&:&F&521'&#',*( ?271"%#+,%&5%"&?(, W_[

9,(?+*%,('&;("*,1&;-(#',( 9,.?,()1-&(&#."*%"113&0',&!"&/'-1,%

z%&):'1&0%#*'*&7(-&0(&7(-&0(&#1".2*%"6(&0%"&-15('&".')*,+8&z%&)(&;',&".%3&0',3&#'&);%,%*3&-(&#1".2*%&0(& J1&)(&;.'*(&#."*()*'&#+&.5("%,('&5(,?(&0%"&;,.?,()&!"&;,.?,()8&C',&0'#+&('&'&7+#1*&;'2%&1,%'2%&!"&
;(&#4"0&'%&*,+%*&!"*,1;'*&;,%"&R"0%'3&I)%,%'&2%&S?%;*8&G'&/,(5('&'#(('&#1".2*%"6(-(&6%:'1&7.)*&0'*(&*.*&0(& #((' & #( & ;,%/(2*( & )*10%1- & 5'*(,%(%3 & ' & 0'* & !"';.% & !" & ;,%/%"6' & #1".'2*(,%% &C,%"#%4%%82, & #,('.%(% &2% & '&
5%)%."',%%&H(,1-1%3&0',&!"&0(#1,)1-&/,(51,%-.,3&5%2#+,%-(&).#%'-(&2%&,+F@.'%(-(&'1&0%)*,1)&*(5;-(-(&2%& ?'1M(82,&4,%7(9
*.*&#(&)(&'7-'&!"&(-(8&9';%,1)1,%-(&*'-(&2%&'-(&51-*.,'&):'1&0%)*,1)3&2%&')*7(-&.5("%,('&'&,+5')&%',&!"& U.*%/(-(&)1"*& 0.1+8& 9(&0(& .&;',*(3& ;,%"& /%'6'&(%&0%"&#(&!"&#(&5'%&!"0(;+,*'*+&0(& ;,%"#%;%%-(&
!"*1"(,%#8 5.,'-(3&.5("%,('&'&;%(,01*&#."*'#*1-3&#1&".%&:&-15('&);'6%'-+8&9(&0(&'-*+&;',*(3&#1".)#+*.,%%&9,%"#%;%%-.,&
R"&1"(-(&-.#1,%&'&5'%&)#+;'*&#(/'&0%"&'#()*(&#1".2*%"6(3&;(,;(*1'*(&;,%"&/%1&?,'%&;4"+&!"&F%-(-(& #,('6%(%&2%&'-(&H'1F(-.,&;,%5(3&%")*,1#*.,%%&0(&'-*+0'*+&'%&-15%%&#(,(2*%&2%&*,1;(2*%3&"1&)(&5'%&.#1;+&#1&
/.')*,(3&)1@&7.,5+&0(&*,'0%6%%3&!")+&7.,6(-(&#."*,',(&'1&#."*,%@1%*&-'&;%(,0(,('&-.,8 0()*+%"1%,('&'#()*.,&*'%"(3&'/4"0&'#15&;,(.#1;+,%&5'%&!"'-*(8
H(%&5'%&51-6%&0%"&%"%6%'6%%&0(&'*1"#%&"1&5'%&)1"*&'F%&!"&=1,1-&'#()*(%&;-'"(*(3&;+,+)%"0:.&0(&51-*(& !"&'-*(&*%5;1,%3&.'5("%%&(,'1&#."012%&0(&;,(.6%&:&;,.7(6%&)'1&5(0%15%&'7-'6%&!"&)*,4")+&-(?+*1,+&#1&
/('#1,%8&T"%%&0%"&(%&'1&,+5')3&;("*,1&#+&!"#+&"1&'1&'*%")&(/.-16%'&#.5;-(*+3&#.,();1"F+*.',(&'#()*(%& H(,1-8&S%&;,%5('1&0(&-'&".%&#1".2*%"6(&2%&,(#.5'"0+,%3&#15&)+&#."01#+&;(&#(%&0(&)1@&(%8&c(-%?%'&
;-'"(*(8&9.)().,%%&'#()*.,&*'%"(&;,.71"0(&!2%&;+)*,'1&#1".2*%"6(-(&')(5("('&1".,&#.5.,%&2%&"1&-(& 0%71F'*+&;,%"*,(&#(%&0%"&=1,1-&-.,&!2%&'/('&*(5(%1-&-'&".%&2%&!"&('&(,'1&(L;-%#'*(&*.'*(&7(".5("(-(&
#.51"%#'1&'-*.,'8&C%"*,(&(%3&'1&7.)*&2%&1"%%&(/,(%8&H1".2*%"6(-(&):'1&*,'")5%)&#(-.,&'-(2%&0%"&"('51-& .@)(,/'*(&0(&.'5("%&;(&;+54"*8
-.,3&#(-.,&#(&'1&0,(;*1-&-'&'#(')*+&!"'-*+&%"%6%(,(3&0',&;("*,1&"%5%#&!"&-15(&"1&-(&#.51"%#'1&/1-?1-1%& C(&-'&.&/,(5(3&'#(2*%&;,(.6%&'1&7.)*&'*,'2%&0(&@1"1,%-(&;+54"*1-1%3&'1&'-1"(#'*&*,(;*'*&!"&@,'6(-(&
2%&"%#%&/.,@+&)+&7%(&);1)(&1"1%&"((/,(18 ;-+#(,%-., & 0( & *.* & 7(-1-3 & 0(/("%"0 & .'5("% & (?'-% & #1 & .,%#',( & 0%"*,( & )1;12%% & -.,8 & C%" & '#()* & 5.5("*3&
C%"&'#(')*+&#'1F+3&N1/(,"'*.,1-&)%)*(51-1%&".)*,1&'&#.@.,4*&0%"&".1&;(&9+54"*&2%&'&,+);4"0%*&!"& 5(0%15%*'*('&-.,&):'&;%(,01*3&;,()*%?%1-&-.,&'&)#+F1*&2%&.&0'*+&#1&(-(&2%&;1*(,('&0(&%5;1"(,(8
-15(' & !"*,1;'*+ &I0(/+,1-3 & #',( & ' & -15%"'* & 0%" & /('#1,% & -15(' & (?%;*('"+8 & C', & 01;+ & #15 & -15%"'& !" & #1,4"03 & #."01#(,(' & .5("%,%% & ' & #+F1* & !" & 54"' &,(-%82, & "(%"%.%'.%/ &' & ;.*("*'6%-., & 0%" & '#(-(&
(?%;*('"+&):'&)*%")&*,(;*'*3&*.*&')*7(-&2%&!"/+6+*1,'&,+);4"0%*+&;,%"&1#("%#%%&K+%& '&7.)*&;%(,01*+& 0(& /,(51,%3&%',&;,(.6%%&'1&,+5')&"15'%&#1&7.,5'3&;,'#*%#4"0&#1-*1-&(L*(,%.,&'=&,(-%?%(%8
,(;,(F("*'"6%%& @%)(,%#%%8&[+F4"0& !"&#( & !"*1"(,%# &)( & )#171"0+& .5("%,('3 &C.5"1-&' & !"?+01%*& )+ &7%(& C%" & #(-( & (L;1)( & ):', & ;+,(' & #+ & "15'% & .51- & *,1;()# & ' & 7.)* & 0( & /%"+8 & !" & ,('-%*'*(3 & ,(?,()1- & )(&
,(';,%")+&#'"0(-'&-15%"+,%%&5%"6%-.,&2%&!"+-6+,%%&%"%5%-.,8&I)*7(-3&2*%%"6'&,(/(-'*+3&2*%%"6'&%"%6%'*%#+3&)(& 0'*.,('F+&2%&7';*1-1%&#+3&-'&/,(5('&-.,3&);%,%*(-(&51-*&(/.-1'*(&'1&;+,+)%*&;-'"(*'&".')*,+3&%',&;(&0(&
,+);4"0(2*(3&%',&/.%3&%"%6%'6%%&0%"&'-*(&/('#1,%3&'6%&;,%5%*&5%)%1"('&0(&'&,+);4"0%&0%"&".13&!"&-15('& '-*+&;',*(&'&%"*(,/("%*&2%&8(-('&#%#81,%82,9
/.')*,+3&#1".2*%"6(-(&H(,1-1%8 G(?('&#%#-1,%-.,&#.")*+&!"&7';*1-&#+&01;+&.&#%/%-%F'6%(&1,5('F+&.&0(#+0(,(3&1,5'*+&0(&1"&;,.?,()&
[.%&'6%&#(,1*3&)1)&-'&".%3&'#(')*+&5%)%1"(&!"*,1#4*&/:'&7.)*&7,%#+&0(&7';*1-&#+3&,(/("%"0&=.)&#'& *,(;*'*3&;("*,1&'&)(&'*%"?(&0%"&".1&#1-5('&1"(%&#%/%-%F'6%%8&I*1"#%3&"1&5'%&(L%)*+&;,.?,()D&p'&0'3&
!"*,1;'6%3&/(6%&F'#(&!"&!"*1"(,%#&2%&/(6%&#+0('&!"&?,(2(-%-(&.51-1%&*,1;()#3&2%&"1&/(6%&*(,5%"'&(/.-16%'& ;("*,1&#+&0(2%&(L%)*+&,%0%#+,%&2%&#+0(,%3&*.*12%3&7%(#',(&1,#12&)(&?+)(2*(&;(&1"&"%/(-&)1;(,%.,&#(-1%&
'#()*1%&?-.@&"%#%&;()*(&5%%&0(&'"%8&C.5"1-&):'&!"01,'*&0(&#(,(,('&/.')*,+&2%3&!"&%"*(,()1-&15'"%*+6%%&0(& ;,(#(0("*8&H.")*'*+5&#+&-%"%'&*,(#1*+&;,%"&#1-5%-(&*1*1,.,&#%/%-%F'6%%-.,&()*(&')#("0("*+3&!"&0(#1,)1-&
=.)3&;("*,1&,%0%#',('&#1".2*%"6(-.,&(%3&/:'&'#.,0'*&7(,%#%,('3&#'&.'5("%&*,1;(2*%3&)+&-1'6%&#1".2*%"6+&0(& 5%-%.'"(-.,&0(&'"%&('&1,#+&5(,(18&I#()*&7(".5("&)(&1,5('F+&5'%&,%?1,.)&!"&H(,3&!"&-15('&);%,%*(-.,3&
2*%%"6'&)74"*+&'&-15%-.,&);'6%'-(&)1;(,%.',(8 2%&5'%&;16%"&!"&-15('&*,1;(')#+8&H,(0&#+&(&"(#()',&)+&5+&(L;-%#8
H(('&#(&7'#&'#15&()*(&5'"%7()*',('&!"01,+,%%&#(&6%&):'&'#.,0'*3&0(&'&*(&-15%"'&#'&!"*,1;'*&2%&0(&'& I)#(")%1"('&()*(&#."*%"1+&!"&-15('&);%,%*(-.,8&H4"0&'1&'*%")&5'L%51-&(/.-16%(%&1"(%&;-'"(*(3&
)*,4"?(&5'*(,%'-1-&2*%%"6%7%#&#',(&/'&)(,/%&6%(&2%&5'%&'-()&#(-.,&#(&/.,&/("%&01;+&*%"(8&T"1-&0%"*,(&(%&',(& );%,%*(-(&;-('#+&;(&.&'-*+&;-'"(*+&2%&!"&-.#1-&-.,&/%"(&1"&/'-&0(&);%,%*(&#',(3&7%%"0&!"#(;+*.',(&;(&
5%)%1"('&0(&'&,(/(-'&*'%"'&"(51,%,%%3&!"*,:.&5+)1,+&5'%&5',(&0(#4*&*%"(3&)*,+01%"01:)(&)+&-15%"(F(& '#(')*+&;-'"(*+3&/.,&01#(&.&(L%)*("6+&5'%&)%5;-+3&5'%&"(;,%#(;1*+3&#4"0&)(&/.,&!"*,1;'&;(&)1;,'7'6'&
)17-(*(-(&7,'6%-.,&)+%3&;("*,1&#'&0(/("%"0&5.,'-%&2%&7+#+*.,%&0(&7';*(&7,15.')(3&)+:2%&?,+@(')#+ &.,'& ;+54"*1-1%8
;-(#+,%%&0(&;(&'#(')*+&;-'"(*+8 9,%"&1,5',(3&=.)3&;(&;+54"*3&/.,&(L%)*'&/'-1,%:/'-1,%&0(&7.,5(&0(&/%'6+3&%',&!"&);'6%1&:&1"&/(2"%#&
o+,+&,+);4"0%,('&'#()*.,&'0(/+,1,%3&.5("%,('&',&@4=@4%&%',+2%&/('#1,%&7+,+&"15+,&!"&!"*1"(,%#3&!"& 1,#128&H15&'*%"?(&#1-5('3&#15&'&*(,5%"'*&2#.'-'&1"(%&;-'"(*(3&?,1;1-&0(&);%,%*(&.&;+,+)(2*(8
);'6%13&01$1,%-(&7+?+01%()#&#+&'*1"#%&#4"0&/.,&7%&=.)3&;(&;+54"*3&/.,&;+2%&;(&#'-('&/%(6%%&0,(;*(&2%& R'*+&1"&5%#&(L(5;-18&K74"*1-&)7%"6%-.,3&C.5"1-&".)*,1&).-',3&#.@.,4*&;(&9+54"*&2%&"15%*&R)1)&
%1@%*.',(8&C',&#4"0&)1"*&!"&*,1;3&7%%"0&"(2*%1*.',(&0(&'0(/+,1,%-(&#1".)#1*(&)1)&#'&);%,%*(3&%',&/.#('& H$,%)*.)3 & ' &,+);4"0%* & 0%" & ".1 & #1".2*%"6(-(& #(,(2*%3& ;%(,01*( &0(& .5("%,(& )'1 &2*%1*( &0( & ;,(' & ;16%"%&
*,1;1-1%&'1F%"0:.&5'%&12.,&0(#4*&;(&#('&'&);%,%*1-1%3&#.5%*&?,(2(-%&;()*(&?,(2(-%8 .'5("%8&K:'&!"*(5(%'*&')*7(-&@%)(,%#'&#,(2*%"+8&T,5'2%%&G1%3&.'5("%&!"6(-(;6%3&)7%"6%%&9+54"*1-1%3&'1&
H(&)(&/.,&7'#(&#4"0&)(&/'&*(,5%"'&#%#-1-&;-'"(*',D&J(;,%#(;(,('3&)*'?"',('&0%"&5(,)1-&;,.?,()%/& 01)&!"/+6+*1,'&5'%&0(;',*(&2%&@%)(,%#'&)(&!"*+,('&2%&!"/+6+*1,'&)(&,+);4"0('8&C',&*,(;*'*3&0%"&)74"*3&
/.,&'01#(&7'*'-&!"*4,F%(,('&;-(#+,%%8&C',&;4"+&#4"0&)+&7%(&'2*(;*'6%D&C%"&".1&)+&)(&,1;+&/'-1-&!"&0.1+D& ;,(.*1-&'&0(/("%*&1"&.5&)%5;-13&%1@%*.,&0(&.".,1,%&2%&;-+#(,%&;+54"*(2*%8&C%"&'#()*&5.5("*3&'&;%(,01*&
!"&#(%&;,(?+*%6%&:&'/4"0&;.)%@%-%*'*('&)+&;-(#(3&2%&!"*4,F%'6%&:&#',(&,+54"&;(&'#(')*+&;-'"(*+3&)'1&;(&1"'& -(?+*1,'&#1&H(5-3&"1&'&5'%&;,%5%*&"%5%#&0(&-'&.'5("%%&);'6%'-%&2%&')*7(-&!"/+6+*1,'&'&0(/("%*&-%*(,+&
)%5%-',+&#'&)+:2%&*(,5%"(&2#.'-'8 5.',*+3&!"/+6+*1,'&(L.*(,%#+&'&!"-.#1%*:.&;(&#('&(F.*(,%#+3&;,.71"0+3&.#1-*+8
R'*+&!"6(-()1-&)*,+01%"6(-.,&".')*,(8&H1&'=1*.,1-&%0(%-.,&".')*,(3&.5("%,('&)(&/'&%-15%"'&2%&;()*(& [+F4"0 & '#(')*+ & )%*1'6%(3 & N1/(,"'*.,1- & ).-', & ' & $.*+,4* & 7.,5',(' & 0( & 5(0%15% & ;( & *.* & !"*%")1-&
1"'&)'1&0.1+&5%%&0(&'"%&/.5&;-(#'&*.6%&#(%&0%"&?,1;1-&".)*,13&0(&;(&'#()*&?-.@8&S%3&51-*&'&7.)*3&;16%"&'& ;+54"*1-1%3&;("*,1&#'&'"15%*(&);%,%*(&)+&;,.;'?(&;,%"&(%&'0(/+,1,%-(&#(,(2*%&P'-+&!"6(-()1-&';',%6%(%&
,+5')8&C1;+&#(&/'-1-&".)*,1&2%:'&*,+%*&(*';'&0(&V^8qqq&0(&'"%&;(&'#(')*+&;-'"(*+3&#(&5'%&!")('5"+& 2*%%"6(%&,(/(-'*(3&5',('&2%&71-?(,+*.',('&(%&,+);4"0%,(&;,%"*,(&.'5("%%&;+54"*1-1%8
#4*(/'&/('#1,%D C%"&#(-(&(L;1)(&,(F1-*+&.&1,#',(3&.&#.@.,4,(&2%&%',&.&1,#',(Q&5'%&(L'#*A&01;+&.&'#*%/%*'*(&1,5('F+&
C,'?.)*('&".')*,+&"(&!"0('5"+&)+:%&)'-/+5&;(&*.6%3&0',&0%"&#'1F'&-%@(,1-1%&',@%*,1&0'*&0(&P'*+-& .&7'F+&#(/'&5'%&)#+F1*+3&';.%&1"'&2%&5'%&)#+F1*+3&01;+&#',(&!"#(;(&1,#121-3&-'&!"#(;1*&5'%&0.5.-3&
#(,()#&*1*1,.,&7%%"6(-.,&0%"&)7(,'&#,('6%%-.,&K'-(3&"1:%&/.,,%&;1*('&)'-/'&'#15&;(&*.6%8&9,(.#1;',('& ;("*,1&'&*(,5%"'&#1&.&7'F+&0(&!"'-*+&'#*%/%*'*(&);%,%*1'-+8&!"&,(F15'*3&0,151-&'#()*(%&*,'%(#*.,%%&*,(#(&
".')*,+&;,%"#%;'-+&()*(&0(&'&%-15%"'&2%&;,(?+*%&0(&;-(#',(&#(-&;16%"&;(&#(%&0(&;(&*,(;*(-(&)1;(,%.',(&'-(& ;,%"A&'#*%/3&"(1*,13&;')%/3&"(1*,1&2%&%',&'#*%/8
(/.-16%(%3 & ;( & '/'")'6%% & ".2*,% & ;( & #'-(' & %"*(-(#*1'-+3 & 0', & 5'% & '-() & ;( & #(' & 5.,'-+8 & C.5"1- & )+ & -(& G'&".%&!"&H(,3&5(,)1-&'#()*'&)(&(L;,%5+&;,%"*,:.&'L%.5+A&>14+&)4%,%*(8(&;2',*(&'#*%0(/&)(&*,%7%*&
-15%"(F(&#'-('3&)+&"1&)(&5'%&;.*%#"(')#+&!"&0,151-&-.,3&')*7(-&!"#4*&-'&F%1'&#('&5',(&'&(L'5("1-1%& G2)& 8'&,(!"*,14',(&)4%,%*(&7'% &725(,'*( &h &)4%,%*(&"(1*,(/&#+,2,'& 8(&1,7('M+ &'8*(8(& 3%& 7'%& 41.%" &
?("(,'-3&'&(L'5("1-1%&H(-1%&K74"*3&)+&"1&)(&,12%"(F(&#+&"1&2%:'1&'#151-'*&#1".2*%"6(&)'1&#+&'1& )*+,1%*2',(&6&#(8(&4')%0(9&?E"5&81#,1,%8(&4',&#+&)6'1&24,%*&5%"&7(,)18&82,/&)(&*,%7%*&8'&,(!"*,14',(/ &
'*4,"'*&0(&7%%"6'&-.,&;,('&51-*(&?,(2(-%8 )4%,%*( & #(0' & 7'% & 3*%1*2',(/ & 514+ & #',( & 02, & 0("% & #(8( & #( & #1"2)# & 3% & 42* & 7'% & 718* & 5(#E* & #(8( & *,(%&
H1 & #4* &/%'6'& /.')*,+& ()*(& 5'% &#%")*%*+3 & 5'% & )7%"6%*+3 &#1 & '*4*& /+& 7'#(6%&5'%& 0(5"% & 0( &'& ;,%5%& 4,(#(5("*(9&K+&"1&#,(F%&#+&'#(-'2%&);%,%*&*,(@1%(&)+&=.'#(&;(&',("'&*(,()*,+&'#(-'2%&,.-&!"&(*(,"%*'*(&:&0(&
#1".2*%"6(-(&0(&-'&.&("*%*'*(&5'%&)*,+-1#%*.',(8&H1".2*%"6(-(&0'*(&0(&'#()*(&!"'-*(&).5%*+6%&'-(&);'6%%-.,& ;')%/3&"(1*,1&)'1&'#*%/8&o%(#',(&);%,%*&/'&7%3&,4"0&;(&,4"03&'#*%/3&;')%/&2%&"(1*,18
/.,&)*4,"%&1%5%,('&2%&/.,&;,./.#'&15%-%"6'&#(-.,&5'%&5',%&)'/'"6%&'%&-15%%&/.')*,(&*,1;(2*%8 I#(')*+&'L%.5+&)(&1,5('F+&"1&"15'%&0(&%"0%/%03&#%&2%&0(&"'6%1"%3&@%)(,%#%&(*#8
C'#+ &"1 & (& ;.)%@%-& )+ & /+& 7'#(5& )7%"6%& ;(&;+54"*3& #(- &;16%" & /,(5& #'& ;(& 51-6% &)+:%& 7'#(5&)+& C1;+&,(?1-%-(&0%"&H(,3&!"&7,1"*('&*1*1,.,&(&@%)(,%#'8&K1@&('&1,5('F+&"'6%1"('8&!"&7,1"*('&@%)(,%#%%&
!"6(-('?+&;("*,1&#(&'1&/("%*&!"&-15(3&)#.;1-&;("*,1&#',(&):'&#,('*&*.*&#(&)(&/(0(&!"&=1,1-&-.,3&)+& )1"*&#(%&#(&'1&#(,1*&2%&=1,'*&!"&H(,&#+&/.,&';-%#'&=.)&;,%"#%;%%-(&#(,(2*%8&R"&7,1"*('&"'6%1"%-.,&)1"*&
!"6(-('?+&#+&P'*+-&#(,()#&',(&"(/.%(&0(&#4*&5'%&51-*(&'=1*.',(&;("*,1&#1#(,%,('&R"7%"%*1-1%3&15;-4"01:<& #."01#+*.,%%&-.,&).#%'-%8&!"&(L%)*("6(-(&-.,3&@%)(,%#%-(&2%&"'6%1"%-(&*,(#&2%&(-(&;,%"&7'F(-(&0(&5'%&)1)8&
5(,(1&!"&(*(,"%*'*(&#1&)7(,(&".%3&#1&1"%/(,)1,%&".%3&;-%"(&0(&)*(-(3&).,%&2%&;-'"(*(8 C1;+&.&7'F+&0(&'#*%/%*'*(3&1,5('F+&.&7'F+&0(&;'1F+3&2%&*.*&'2'&5(,(18
W_\ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*(
?271"%#+,%&5%"&?(, W_T
S13&#',(&!6%&0%#*(F&'#153&/.%&/("%&-'&.&".1+&!"*,1;',(8&I5&0()*+%"1%*&'#()*(&*'%"(&;("*,1&*%"(3&)+&-(&
#1".2*%3&0',&2%&;("*,1&5%"(3&)+&-(&#1".)#&2%&(1&#4"0&/.%&7%&!"*,1;'*8&K:',&;1*('&)+:5%&5%"(F&*%"(,(6('& #.51"%#+,%-(&#(,(2*%3&#%&)+&#+1*'6%&)+&-(&#."*,.-'6%&2%&!"&'-*(&#(,#1,%8&o(".5("1-&()*(&')(5+"+*.,&#1&
0(&*%5;1,%13&%',&5'%&*4,F%13&-'&/4,)*'&5'*1,+3&)+&5+&71,(&?1)*1-&54"#+,1,%-.,&0(-%#%.')(&)'1&5%,'=1-& #(('&#(&)(&!"*45;-+&#4"0&*(&01#%&!"*,:.&/%F%*+&2%&1"1-&0%"*,(&51)'7%,%%&?'F0(%&(L;1"(&'"15%*(&%0(%&#(&
'*,'#6%%-.,&0(&*.*&7(-1-8&R")+&;,(?+*%*&0(&*4"+,3&/.%&;1*('&!"7,1"*'&*.'*(&71,*1"%-(&/%(6%%&*,1;(2*%8&z%:'5& 6%&)(&;',&".%3&"(#.,();1"F4"0&'"'-%F(%3&#,%*%#%%&*'-(8&C(-%#'*(6('&#(,(&)+&"1&-(&#.5@'6%3&)+&"1&-(&"(?%3&
;.5("%*&0()*%"1-&5(1&#'&)+:5%&#%*()#&;,.;,%%-(&?4"01,%&2%3&'7-4"01:-(3&)+&;,%"0&#1,'=&2%&)+&!"7,1"*& #%&)+&#'16%&)+&*(&%"7.,5(F%&2%&!"&'-*+&;',*(3&0'#+&(-(&)1"*&)'1&"1&'0(/+,'*(8
*.'*(&'0/(,)%*+6%-(&/("%*(&0(&-'&#(%&"(;,(?+*%6%&2%&"(2*%1*.,%&'%&;+54"*1-1%8 SL%)*+&".6%1"%&2%& '#6%1"% &#1".)#1*(& 0( &*.'*+ & -15('&01$1,%-.,8 & R'*+3 & 0(&(L(5;-13& *.'*+ & -15('&
C()*%"1-&7%(#+,1%&.5&)(&.,4"01%(2*(&!"&H(,3&#1&51-*&!"'%"*('&!"*,1;+,%%8&o(,%#%6%%&H(,1,%-.,&2%&'%& );'6%'-+&2*%(&#+&7(".5("1-&"'2*(,%%e()*(&5'%&?,(1&0(&;+*,1")&0(#4*&#(-&'-&5.,6%%8&C();,(&')(5("('&
;+54"*1-1%&!2%&#,.%()#&0()*%"1-3&#'&01$3&#$%',&7%%"0&!"&*,1;8&H(&7(,%#%*&/.%&7%&2*%%"01:5+3&#'&!"*,1;'*3&#+& '0(/+,1,% & "1 & 5'% & !"#'; & 0%)#16%%8 & !")+3 & 0( & !"0'*+ & #( & )( & *,(#( & !"*,:1" & 0.5("%1 & %(2%* & 0%" & #.51"3&
'5&#.@.,4*&)+&,('-%F(F&.&.;(,+&0(.)(@%*+M&U+&,.?&#'&P'*+-&)+&5+&!"*+,(')#+3&)+&-1#,(F&#1&,4/"+&2%&)+& )1@%(#*1-&%"*,+&!"&0.5("%1-&%;.*(F(-.,8
"1&#'08&C'#+&/.%&7%&04,F&2%:5%&/.%&1,5'&0()*%"1-&!"*.#5'%3&/.%&7%&1"1-&0%"&-15%"+*.,%%&"('51-1%&5(18& H1&#4*&1"&);%,%*&:&-%@(,&)'1&!"*,1;'*&:&()*(&5'%&(/.-1'*3&#45;1-&%;.*(F(-.,&0(/%"(&5'%&,()*,4")&
[.%&7%&1"&7(,%#%*3&0',&7(,%#%*&/(%&7%&2%&*13&*'*+&5',(3&!"&H(,3&0(&#'-('&/%(6%%&5(-(8 ;("*,1&(-8
U1-*(&0%"&*'%"(-(&H(,1,%-.,&)1"*&)#,%)(&;,%"&#+,6%-(&/.')*,(3&0',&"1&0()*1-&0(&#-',8&a@)#1,%*'*('&-.,& SL(5;-(-(&-+51,()#&#(-&5'%&@%"(8&R'*+&0.1+&%;.*(F(A&(L%)*("6'&P'*+-1%&2%&'&o%1-1%&K+18&9("*,1&
'&7.)*&/.%*+3&#+#%&(L%)*+&.&,(?1-+&!"&H(,&#',(&*,(@1%(&';-%#'*+&2%&;(&;+54"*A&?1&#E*&()*(&7'%&!"'8*&1" & .5("%,('&*,1;(')#+3&'5@(-(&)1"*&%;.*(F(8&9("*,1&51-6%&0%"*,(&".%3&"15'%&(L%)*("6'&P'*+-1%&()*(&.&
'5(0+,/&#1&'*E*&(8&*,(A1%(&')#1")&-E"51,%82,&#(82,&"(4,%#(41.%9 %;.*(F+3&;("*,1&#+&"1&(&-4"?+&".%&#'&)+:G&/(0(58&C',&(L%)*("6'&o%1-1%&"1&5'%&()*(&.&%;.*(F+3&;("*,1&
H(%&%"7(,%.,%&"1&*,(@1%(&)+:2%&7'#+&.&%0((&#."#,(*+3&#-',+&0();,(&C%/%"%*'*(3&*.#5'%&#'&)+:2%&1,5(F(& #+&S-&'&7.)*&;,%"*,(&".%&2%&-:'1&/+F1*&*.'*(&01$1,%-(&-'&/,(5('&#4"0&'&;+,+)%*&P,."1-&K+1&).-',&2%&'&
!"&*%$"+&(/.-16%'&0(&%"7(,%.,%8&S%&"1&*,(@1%(&)+&)(&#."01#+&01;+&,'6%1"(8&H'.%1"('&';',6%"(&01$1,%-.,& /("%*&!"&5%)%1"(&;(&;-'"(*'&".')*,+8
'-@(3&)("*%7("*18&';',6%"(&5'%&51-*&01$1,%-.,&'-@')*,(3&%',&%")*%"#*18&()*(&@1).-'&01$1,%-.,&,.2%%8&H%"(& J1&)(&;.'*(&);1"(&#+&01$1,%-(&"1&'1&"%#%&1"&)("*%5("*&7'6+&0(&(L%)*("6'&P'*+-1%3&;("*,1&#+&(L%)*+&
)(&#."01#(&01;+&%")*%"#*&"1&*,(@1%(&)+&2*%(&0(&*'%"(-(&H(,1-1%8&H(-&#(&)(&#."01#(&01;+&)("*%5("*& !"&".%&*.6%3&#'&0(&'-*7(-&2%&!"&/.%3&.&/'?+&'5%"*%,(&0();,(&P'*+-&".)*,13&0(&;(&#4"0&(,'5&!"&K7(,'&0%/%"+8&
;.'*(&'7-'&#(/'&0%"&(-(8&J15'%&#%"(&)(&#."01#(&01;+&#,(0%"6'&-15%"'*+&0(&,'6%1"(&-(&;.'*(&';,.71"0'8 C',&#(&0(&'"%&):'1&)#1,)&0(&'*1"#%M&!"&;-1)3&".%3&)1;(,%.,%%&9+54"*1-1%3&!%&'1F%5&?-')1-8
C%" & #'1F'&%"7(,%.,%*+6%%& )'-(3& /1-?1-&(& 0%);1) & )+&@'*=.#.,(')#+& C%/%"%*'*('8&C'#+&%&):'1& 7+#1*& C',&'#15&)+&%"*,1&!"&)1@%(#*1-&5(1&0(&'F%8&S/,(%%&'1&*,+%*&2%&(/.-1'*&#'&".%3&;(&.&'-*+&;-'"(*+8&G'&
#1".)#1*(&*'%"(&;(&#',(&"1&)(&#+0('&)+&-(&#1".')#+&2%&%")1-*+&C%/%"%*'*('3&(-&/'&7'#(&1"&5',(&;+#'*3&2%& *(,5%"',('&#%#-1-1%&-.,&;(&'#('&;-'"(*+3&'1&7.)*&)1;12%&1"1%&(L'5("&;(&#',(&"1&-:'1&*,(#1*8&9("*,1&'&
/'&)17(,%3&0',&;(&-4"?+&(-&/'&)17(,%&2%&#(-&#(&%:'&,(/(-'*&'#(-(&*'%"(8 !"*+,%&.',(#15&);%,%*1-&-.,3&'1&7.)*&,('012%&!"&K7(,'&0%/%"+3&1"0(&5(0%1-&2%&#1/4"*1-&H(-.,&0(&'#.-.&-(:
9("*,1&'&"1&)(&@'*=.#.,%&#(-(&#(,(2*%&2%&;("*,1&'&)(&(/%*'&?,(2('-'&2%&,(F1-*'*1-&(%&:&;(0(';)'3&!"& '1&,('5%"*%*&0(&P'*+-&2%&0(&.,0%"(-(&G1%3&01;+&#',(&:&.&;',*(&0%"&(%&:&'1&7.)*&*,%5%2%&;(&9+54"*3&!"&
#'F1-&01$1,%-.,&,.2%%&)(&,(#1,?(&-'&4','A28(9&C1$1,%-.,&'-@')*,(3&7%%"0&#(/'&5'%&'/'")'*(3&-%&)(&/.,&0'& /('#1,%-(&!"0(;+,*'*(&'1&;1,*'*&0%7(,%*(&"15(3&%',&'#15&)1"*&#1".)#16%&)1@&"15(-(&0(&(/,(%3&%10(%&)'1&
)%"*(M(&#'A'8%)*%#(9&J15'%&01$1,%-.,&'-@(&-%&)(&0+&.#'F%'&)+&#1".')#+&*'%"(8(&?(,1,%82,/&0(.',(#(&(-(3& %),'(-%6%8&!"&/('#1,%3&(/,(%%&'1&*,+%*&;,%"&0%7(,%*(&6+,%&2%&!"&/,(51,%-(&(L%)*("6(%&5',%%&#%/%-%F'6%%&(?%;*("(&
7%%"0&;(&*,(;*(&)1;(,%.',(&!"&H(,1,%3&-(&/.,&'#.,0'&*.'*+&'*("6%'&2%&!"6(-(?(,('&#1/("%*+8 ):'1&,(!"*,1;'*&2%&!"&S?%;*3&1"%%&0%"*,(&(%&7%%"0&#$%',&;,(.6%&(?%;*("%8&!"?(,%%&9+54"*1-1%&):'1&!"*,1;'*&2%&
S/,(%-.,&-%&):'&);1)&0(&51-*&2%&-(:'&%"*,'*&'04"#&!"&%"%5+&7';*1-&#+&/.,@%,('&"('*("*+&-'&'0,()'& (% & !" & )4"1- & ;.;.,1-1% & (?%;*('"3 & #' & 5',% & ;,(.6%8 & T"1- & 0%"*,( & #(% & 5'% & )*,+-1#%6% & 0%"*,( & (% & ' & 7.)*&
C%/%"%*+6%%&()*(&.&@-')7(5%(8&U.%)(&-(:'&7+#1*&#1".)#1*&#+&;,."1"6',('&%"#.,(#*+&'&"15(-1%<& H(-1%& N1/(,"'*.,1-&;-'"(*(%&".')*,(3&!"*,1;'*&)1@&"15(-(&0(&U.%)(3&#',(&):'&5'%&!"*,1;'*&!"&S?%;*3&!"&'-*(&
K74"*3&'-&P'*+-1%&#(,()#3&(&.&?,'/+&;,.7'"',(3&2%&#.")*%*1%(&1"&5',(&;+#'*8&p'&#$%',&'&$.*+,4*&#'&'#()*& (;.#%&2%&)1@&0%7(,%*(&"15(A&g(,5()3&a)%5'"0%')&2%&'-*(-(8
"15(&)+&"1&7%(&;,."1"6'*&0(&;.;.,1-&(/,(13&#%&"15'%&0(&5',(-(&;,(.*3&!"&7'6'&)74"*1-1%&I-*',8 R)*.,%'& "( &;,(F%"*+&;.;.,1-& %10(1 & #'& 7%%"0& 7.,5'*& 0%"&.'5("% & !"0+,+*"%#%3 &"(2*%1*.,%3 & )%-%6%& )+&
C(&'#(('&!6%&,(#.5'"0&2%&6%(3&7,'*(&0,'?3&#'&*'%"(-(&)7%"*(&#(&6%:'1&7.)*&0%#*'*(&)+&"1&-(&#.51"%#%& 51"#(')#+&)1@&-./%*1,%-(&@%#%1-1%3&#'&,.@%8&I0(/+,1-&()*(&#+&(/,(%%&":'1&7.)*&5(,(1&,.@%&!"&S?%;*8&S%&
'-*.,'3&#'&"1&#15/'&)+&7%(&"(?'*(&)'1&$1-%*(3&2%&#'&1,5',(3&!"&5.0&%"0%,(#*3&)+&)(&'01#+&.&5',(&.7(")+& '1&/("%*&!"&?,1;1,%&0%"&a,%("*3&'1&*,+%*&.&/,(5(&%"0(;("0("6%&0(&(?%;*("%3&7.,54"0&(-(5("*(&';',*(&2%&
K7%"6%-.,&!"*,(&)7%"6%%&)7(,(-.,&#,('*(&2%&'-(&G'@.,'*.,1-1%8 ,(!"*,1;4"01:)(&#$%',&;,%"*,(&#."01#+*.,%%&(?%;*("%8&I*4*'&*%5;&#4*&6','&S?%;*1-1%&'&7.)*&#."01)+&0(&
;,(.6%3 & /%'6' & ).#%'-+ & (,' & #15%"*(3 & @.?'*+ & 2% & ',5."%.')+3 & (/,(%% & '1 & *,+%* & 7.',*( & -%"%2*%6% & !" & )4"1-&
;.;.,1-1%&(?%;*('"8&S%&'/('1&0,(;*1-&)+&*,+%')#+&1"0(&/.%'1&2%&)+:2%&(L(,#%*(&.,%#(&.#1;'6%(8&C',&
);%,%*(-(&)1;(,%.',(3&#',(&#."01#('1&#'&;,(.6%&;.;.,1-&(?%;*('"3&'1&;+,+)%*&;-'"(*'8&!"*,1;4"01:)(&
H(-(&*,(%&#'*(?.,%%&0(&01$1,% );%,%*(&%"7(,%.',(&#(-.,&;-(#'*(3&;1*(,('&'&#+F1*&!"&54"'&.'5("%-.,&;,.7'"%3&'&7','."%-.,&"(%"%6%'6%8&C%"&
'#(-&5.5("*3&!"#(;(&)%-"%#%'&2%&/%'6'&?,('&'&(/,(%-.,3&(/.-16%'&#(,4"0&#'&;.;.,1-&(/,(1&)+&)(&)(;',(&0(&
".%-(&);%,%*(&!"*,1;'*(&!"&;.;.,1-&(?%;*('"8
H:1&#4*&(&5'%&@+*,4"&);%,%*1-3&@'?'=1-&)+1&0(&#1".2*%"6(&()*(&5'%&5',(3&'/4"0&;1*%"6'&)+&,(/(-(F(& C1$1,%-(&/%"&,4"0&;(&,4"03&!"&?,1;1,%&7.',*(&5',%3&-'&,(!"*,1;+,%&;(&'#(')*+&;-'"(*+8&!"&*%5;&#(&?,1;1-&
5'%&51-*(&#1".2*%"6(&1"1%&;+54"*('"8 !2%&7'#(&(/.-16%'3&).)()#&2%&)(5%?,1;(-(8&N,1;1-&()*(&.&5',(&#('*+&0(&01$1,%&/("%*(&0%"&'-*&)%)*(5&
a,%#(&);%,%*&;.'*(&/.,@%&0();,(&;,.@-(5(&)%5;-(A&5.01-&#15&5.',(&1"&.53&%5;,()%%-(&'/1*(&#4"0& ).-',8&K(5%?,1;(-(&)1"*&').#%'6%%&0(&01$1,%&/("%*(&0(&;(&'-*+&;-'"(*+&'&'#()*1%&)%)*(5&).-',3&!"&'7',+&0(&
'&).)%*&!"&-15('&".')*,+3&7(-1-&#15&!2%&;(*,(#(&'"%&2%&/('#1,%&(L%)*("6'&)'&!"&);'6%18 '#()*(&0.1+&#'*(?.,%%3&(L%)*+&!"&)%)*(51-&".)*,1&).-',&.&?,1;',(&).)%*+&0%,(#*&0(&-'&P'*+-3&05&K7(,'&
9("*,1&'&"1&7%&%"012%&!"&(,.',(&')1;,'&1".,&;,.@-(5(&5'%&0%7%#%-(3&/:'5&,(#.5'"0'*&)+&#(,#(*'6%& 0%/%"+8&S%&/%"&0%,(#*&;(&;-'"(*'&%"7(,%.',+&'&)%)*(51-1%&".)*,13&0(#%&"%#%.0'*+&0%,(#*&;(&9+54"*8&9,%"&
'#(('2%&%0((&!"&5'%&51-*(&#(,#1,%&0(&,(/(-'6%(8h&1"0(&/%&)(&!"?+01%(&:&2%&)+&#(,(6%&(L;-%#'6%%&')1;,'& 1,5',(3 & (L%)*+ & 1" & ?,1; & 0( & 01$1,% & ).)%*( & 0%,(#* & 0( & -' & H("*,1 & : & !"#(;+*.,%% & (/.-16%(% & ;-'"(*',( & !"&
-.,8&C'#+&,+);1")1,%-(&0'*(&!"&5'%&51-*(&-.#1,%&)1"*&%0("*%#(3&#."#-1F%'&7%,(')#+&()*(&)+&-(&#,(0(6%&#'& )%)*(51-&".)*,1&).-',3&(L%)*+&?,1;1-&0(&01$1,%&#',(&(/.-1('F+&0%"&;-'"(*+&!"&;-'"(*+&2% &?,1;1-&#(-.,&
'0(/+,'*(8 /("%6%&0%"&'-*(&)%)*(5(8&K(-(#6%."',('&-.,&)(&7'#(&0(&!"?(,%%&).-',%3&!"&"15(-(&N1/(,"'*.,1-1%&).-',8
K(&!"6(-(?(&#+&!"&7%(#',(&#(,#&0(&,(/(-'6%(&/.,&#.51"%#'&("*%*+6%&0%7(,%*(8&!")+&*,(@1%(&)+&2*%6%&#+& K.)%"0&0%"&'-*&)%)*(5&;-'"(*',3&".%3&'-@%%&'5&7.)*&,(;',*%F'6%&;(&9+54"*&0(&!"?(,%%&).-',%8&C1$1,%-(&
01$1,%-(&/.,@()#&#4"0&/.,3&#1%&/.,&2%&#4*&/.,8&S-(&"1&)1"*&%")*,15("*(&.',@(3&-'&0%);.F%6%'&;+54"*("%-.,8& '-@')*,(&*,(@1%(&)+:2%&7'#+&2#.'-'&,4"0&;(&,4"0&;(&*.'*(&;-'"(*(-(&'#()*1%&)%)*(5&).-',8&C1$1,%-(&,.2%%&
o%(#',(&#(,#&!2%&',(&%1@%6%%&)+%&#(,(2*%&2%&7%(#',(&("*%*'*(&!2%&',(&7(-1-&)+18&0(&'&)(&(L;,%5'&2%&#45;1-&)+1& !2%&7'#&2#.'-'&"15'%&8;(&'"15%*(&;-'"(*(&'-(&)%)*(51-1%&".)*,18
0(&#1".2*%"6(8&c+54"(&#'&=10(#'*'&/.')*,+&)+&#(',"+&#(-(&#.51"%#'*(3&e)+&'-('?+&#(-(&#(&)("*%5("*1-3& I2'0', &*,(% &#'*(?.,%% & 0( & 01$1,% &/%" & )+ & (/.-1(F(& !" & '#()* & )%)*(5& ).-',A &0%,-%"%%/ & 48'"(*',%% &2%&
-.?%#'3&@1"1-:)%56&/+&/.,&0%#*'&#+&',&;1*('&#.,();1"0(&I0(/+,1-1%8&!"&.,%#(&#'F3&)+&"1&-(;+0'6% )28',%%9&I-@%%&)1"*&0(&(/.-16%(&)28',+/&'-@'2*,%%&:&0(&(/.-16%(&48'"(*',+/&%',&01$1,%-(&,.2%%&:&0(&(/.-16%(&
)1A48'"(*',+/&!"*,1;4"01:)(&;(&;-'"(*(&*%"(,(8
S/.-16%'&".')*,+3&'&01$1,%-.,&'-@(3&)(&7'#(&0%"&)%)*(5&!"&)%)*(58&S/.-16%'&'-@'2*,%-.,&)(&7'#(&,4"0&
;(&,4"03&;,%"&*.'*(&;-'"(*(-(&1"1%&)%)*(53&(L#(;*4"0&;(&#(-(&'-(&/%,?%"%-.,3&%',&01$1,%-(&,.2%%3&01;+&#(&
<
&5,9&:&g'/'r'$&:&,(;,(F%"*+&"15(-(&)'#,1&,.)*%*&0(&5',(-(&;,(.*&.&)%"?1,+&0'*+&;(&'"8&H4"0&()*(&!"*4-"%*&!"*,:1"&*(L*&)'#,13&o-%,*Y& /.,&7'#(&2#.'-'&;(&'"15%*(&;-'"(*(&'-(&'#()*1%&)%)*(53&*,(@1%(&)+&)(&!"*.',#+&-'&H("*,13&0(&1"0(&/.,&
)(&!"-.#1%(2*(&#1&I0."'%&)'1&#1&0%7(,%*(&"15(&#(&(L;,%5+&'*,%@1*(-(&C%/%"%*+6%%8&H'@'-%2*%%&#.")%0(,+&#+&0()#.;(,%"0&'0(/+,'*'&;,."1"6%(&
'&'#()*1%&#1/4"*&)'#,13&51,%*.,1-&0(&,4"0&0.@4"0(2*(&#$(%'&*1*1,.,&2*%%"6(-.,&0%/%"(&2%&15'"(8&P(*,'?,'5'&&&oRR&%%&Y&&&)(5"%7%#+&o%%"6'& /("%&#'&'-@'2*,%3&;("*,1&':2%&#."*%"1'&2#.'-'&;-'"(*',+8&J15'%&*(,5%"4"0&*.'*+&?'5'&0(&;-'"(*(&'&1"1%&
#',(&()*(/&'&;2)*&3%&0'&;%9 )%)*(5&/.,&*,(#(&2%&01$1,%-(&'-@')*,(&-'&H("*,13&0(&1"0(&/.,&*,(#(&;(&1"&'-*&)%)*(58&J.%3&'-@%%3&01;+&#(&
/.5&*(,5%"'&)*10%%-(&;(&'#(')*+&;-'"(*+3&"(&/.5&01#(&;(&.&'-*+&;-'"(*+&'&1"1%&'-*&)%)*(5
WU_ >%"&*'%"(8(&0%(.%%&;%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"&?(, WUU

;-'"(*',8&9,%"&1,5',(3&(/.-16%'&".')*,+3&'&'-@%-.,3&)(&7'#(&0%"&;-'"(*'&1"1%&)%)*(5&).-',&!"&;-'"(*'&1"1%& #."01%*(&%,(;,.2'@%-(8&C(&-'&%?".,'"6+&*(&,%0%#%&-'&#1".2*%"6(&1%5%*.',(&2%&0(&-'&.&)-'@+&%,'0%(,(&:&-'&
'-*&)%)*(5&).-',3&%',&"1&0%"&;-'"(*+&!"&;-'"(*+3&!"&#'0,1-&'#(-1%'2%&)%)*(5&).-',8 )*,+-1#%,%&.,@%*.',(8
!"?(,%%&;-'"(*',%&#."01#&-15%-(&!"*,1;'*(&;(&7%(#',(&;-'"(*+8&S%&(/.-1('F+&0%"&;-'"(*+&!"&;-'"(*+3& [.%&/,(6%&)+&'7-'6%&I0(/+,1-&!"*,:.&/%'6+&*(,()*,+3&#',(&()*(&.&#-%;+&7'6+&0(&(*(,"%*'*('&*%5;1,%-.,8&
#'&.,%#',(&01$&;-'"(*',8 J.%&'-(,?+5&0(&5%-("%%&)+:<&'7-+58&J.%&#1".'2*(5&)*',('&)%)*(51-1%&".)*,1&).-',8&[.%&@+"1%6%&#(/'3&
N,1;1,%&5',%&0(&01$1,%&'-@(&'1&).)%*&;(&'#(')*+&;-'"(*+8&!"'%"*(&0(&"'2*(,('&-1%&U.%)(3&.&5',(& 0',&"1&2*%6%&2%&0.,%6%&)+&'7-'6%&#15&!2%&01#&(L%)*("6'&;-'"(*(-(&'#()*1%&)%)*(58
;',*(&0%"&(%&'&;+,+)%*&'#()*&)%)*(5&).-',8&!"'%"*(&0(&;-(#',('&-.,3&;.;.,1-&(/,(1&'&'=1")&)+&)(&#."71"0(& SL%)*+&;-'"(*(&:&1"(-(&%"7(,%.',(&%',&'-*(-(&)1;(,%.',(&:&-.#1%*(&0(&.'5("%&*,1;(2*%8&9(&1"(-(&
#1&#(-&(?%;*('"8&G'&.&/,(5(3&'#()*(&01$1,%&'-@(&)(&#."#("*,')(,+3&,(!"*,1;4"01:)(&!"&6','&S?%;*1-1%8& *,+%()#&.'5("%&!"F()*,'6%&#1&0',1,%&);%,%*1'-(3&')*7(-3&(%&'103&/+0&2%&)%5*&);%,%*(-(&0%"&=1,1-&-.,8&SL%)*+&
H4*&*%5;&'1&01,'*&!"*,1;+,%-(&-.,&!"&S?%;*3&(/,(%%&*,+%'1&7(,%#%6%&2%&)(&!"*,(#('1&#1&(?%;*("%%&!"&#,(0%"6+& ;-'"(*(&;.;1-'*(&"15'%& 0(& 01$1,%3&7%%"0& -%;)%*(&0(&.'5("%&*,1;(2*%8&I1&'/1*&2%&(-(&#4"0/'& /%'6+&
2%&2*%%"6+8&C1;+&*(,5%"',('&#%#-1-1%&2(0(,%%&-.,3&'#()*&?,1;&'&;+,+)%*&;-'"(*'&".')*,+3&,(!"*,1;4"01:)(& *,1;(')#+3&0',&'#15&)1"*&;1)*%%3&%',&!"&=1,1-&-.,&(L%)*+&"15'%&);%,%*(&#'&;(&G1"'&/.')*,+8
01$1,%&'-@(&!"#(;+*.',(&2%&01$1,%&'-@')*,(3&#',(&'1&;,(-1'*&#."01#(,('&;.;.,1-1%&(?%;*('"8&C%"&'#()*& P,1;1-&()*(&5'*(,%'-%F',('&#.,;1-1%&7-1%0%#8&9+54"*1-&;(&#',(&15@-'6%&()*(&5'*(,%'&".')*,+&7-1%0%#+&
5.5("*3&(/,(%%&!"#(;&)+&7%(&!"-+*1,'6%3&@.%#.*'6%3&')1;,%6%3&!"#(;&'5',1,%-(&/%(6%%&-.,8 :&*,'")7.,5'*+&2%&'=1")+&%'&1-*%51-&?,'0&0(&#."#("*,',(8&J.%&"1:%&F%#(5&5'*(,%(&7%F%#+3&;("*,1&#+&!"&
P1&*(:'%&!"*,1;'*&0(&51-*(&.,%&!"&6','&S?%;*1-1%3&'*4*&!"&*%5;1-&;,%51-1%&?,1;3&#4*&2%&!"&#('*'&#(-.,& )*',('&(%&5'*(,%'-%F'*+&#."6%"(&2%&7-1%0&;)%$%#3&%"/%F%@%-&/.1+3&0',&/%F%@%-&)%561-1%&".)*,1&?("(,'-8
,+5'2%8&P(5;-(-(&0(&-'&P$(@'&2%&U(57%)&'1&,+)1"'*&0(&?-')1-&51-*.,'&0%"*,(&/.%8&a&0'*+&!"*,."'*+& [.%&/(0(6%&#.,;1,%-(3&"15'%&0'#+&)1"*&-15%"'*(3&".%&/(0(5&,'0%'6%%-(&(5%)(&0(&#.,;1,%8&I#()*(&
0.5"%' & 7','."%-., & "(%"%6%'6% & 2% & )-+@%"0 & #."01#(,(' & ;,(.6%-.,3 & ):' & ;,.01) & . & )(;',',( & !"*,( & (/,(% & 2%& ,'0%'6%%&)*,+@'*&;(,(6%%&*1*1,.,&#.,;1,%-.,3&.,%#4*&0(&.;'#(&',&7%3&2%&')*7(-&-(&/(0(5&.,%1"0(&',&7%&;1)(8
(?%;*("%8&I*1"#%&):'&$.*+,4*&')1;,%,('&(/,(%-.,8&9,%5(-(&)(5"(&'-(&*("0%"6(%&(?%;*("%-.,&0(&'&)1@=1?'& C%"&)(,%'&"()74,2%*+&0(&,'0%'6%%&0%)*%"?(5&0.1+&5',%&#'*(?.,%%A
(/,(%%&):'1&,(5',#'*&#1&.&5%(&0(&'"%&!"'%"*(&0(&"'2*(,('&-1%&U.%)(8&H1&#4*&"15+,1-&,(!"*,1;+,%-.,&0%"& <8,'5%'.%%&#2)7%#(&6&&(5'"'6%%&7-1%0%#(&;-(#'*(&0%"&K7(,'&0%/%"+3&%"1"04"0&!"*,(?1-&#.)5.)Q
;,%51-&?,1;3&'-&01$1,%-.,&'-@(&(/.-1'*(3&)(&!5;16%"'3&2%&(/,(%%&)(&!"*+,('1&!"&#,(0%"6'&-.,3&(?%;*("%%&'1& V8,'5%'.%%&')*,'8(&:&(5'"'6%%&(5%)(&0(&.,%#(&;-'"(*+&)'1&).',(8
!"#(;1*&)+:%&;(,)(#1*(&;4"+&-'&)1;1"(,('&-'&51"#%&?,(-(8&H1&5%%&0(&'"%&!"'%"*('&'#(-.,&(/("%5("*(3& G15('&*(,()*,+&#,(0(&#+&-15%"'&).-',+&;-('#+&0%"&).',(3&#+-+*.,(2*(&;,%"&);'6%1&)1@&7.,5+&0(&
(/,(%%&'1&7.)*&0()#.")%0(,'6%&2%&0(&'-@%%&;,%51-1%&?,1;&!"*,1;'*&!"&6','&S?%;*1-1%8&C',&.&0'*+&#1&*,(#(,('& -15%"+&2%3&'=1"?4"08;(&;+54"*3&7'#(&#'&/.%&)+&'/(6%&-15%"+&2%&0(#%&;.)%@%-%*'*('&0(&'&/(0('&*.*&#(&
/('#1,%-.,3&'7-4"0&*'%"(&0(&)1)3&'1&!"#(;1*&)+&-(&,();(#*(&/%'6'3&'/1*1-3&#,(0%"6'&2%&*,(;*'*&%:'1&7+#1*& (L%)*+&!"&=1,1-&/.)*,18
'5%#%%&-.,8 c('-%*'*('&()*(&#+&-15%"'&/.')*,+&0%"&*%5;1-&F%-(%&"1&/%"(&#'&'*',(&0(&-'&).',(8
H4"0&;(,)(#16%%-(&'=1"?&-'&#1-5(3&);%,%*(-(&'-@(&7'#&';(-&-'&#."01#(,('&;-'"(*(%3&-'&N1/(,"'*.,1-& H'&;,.@+&0(&'#()*&7';*&()*(&#+&0'#+&/:'6%&1,#'&!"&);'6%13&'2'&#15&;1*(5&".%&)+&"(&1,#+53&'6%&
;-'"(*',8&S-&)(&!"*,1;('F+&)1@&"15(-(&0(&U.%)(3&#.@.',+3&)(&)'#,%7%#+3&74#4"01:)(&.5&2%&)(&%"%6%'F+&!"& /(0('&).',(-(&#'&.,%#(&)*('&:&@%"(!"6(-()3&5'%&5',(3&7%%"0&5'%&';,.';(3&%',&!"&=1,1-&/.)*,1&'6%&#.")*'*'&
*(5;-(-(&(?%;*("(8&I;.%&!%&)#.'*(&;(&(/,(%&0%"&S?%;*&2%&!%&'2('F+&!"&6','&H'"''"1-1%8&C(&'*1"#%&(/,(1-& .&@(F"+&#.5;-(*+8&9,%/%"0&!"&=.)3&#+*,(&;+54"*3&-:'6%&/(0('&-15%"'*&0%"&*.'*(&;+,6%-(&0(&.&-15%"+&
'&7.)*&)(;','*&0(&,()*1-&-15%%&2%&.&".1+&?,1;',(&0(&'-@%&!2%&7'#(&';',%6%'&;(&'#(')*+&;-'"(*+3&%',&(/.-16%'& );(#%'-+3&"15%*+&0(&".%&817%"+&;81%5%#+9
:&7'6+&0(&(/,(%&:&)(&,(%'&0(&-'&!"#(;1*8&[.,&*,(#(&0%"&".1&';,.L%5'*%/&*,(%F(#%&0(&5%%&0(&'"%&;4"+&#4"0& !"*,(&;+54"*&2%&).',(&/+0 &1"5(&0%A,'*2,%%/&;')#%#18(&2"518'*2,%%/ &).)%"0&0(&-'&).',(8&a@)(,/&!"&
)(&/'&)*'@%-%&0%"&".1&.&',5."%(&!"*,(&(/,(%&2%&#(-(-'-*(&;.;.',(8 =1,1-&).',(-1%&-15%"'&)'&;,.;,%(8&a&')(5("('&-15%"+&',(&2%&;+54"*1-8&G15%"'&#(&!"#."=.',+&).',(-(&
H%#-1- & (/.-16%(% & ,';.,*1,%-., & 0%"*,( & (/,(% & 2% & #(-(-'-*( & "('51,% & ()*( & 1,5+*.,1-A & -' & !"#(;1* & : & 1"& )(&;,(F%"*+&#'&.&'1,(.-+&0(&=1,&!5;,(=1,3&%0("*%#+&#1&('&!")+2%8&H4"0&;,%/()#&;+54"*1-3&/+0&!"&=1,1-&
'"*'?."%)5&;1*(,"%#Q&';.%&:&)(;',',('&(/,(%-.,&0(&,()*1-&;.;1-'6%(%&?-.@1-1%Q&);(#1-',('&2%&!"2(-',('&0(& )+1&-15%"'&)'&7-1%0%#+3&0',&!"&;',*('&;+54"*1-1%&!"0,(;*'*+&);,(&).',(3&#1&*.'*(&#+&2%&;+54"*1-&2%&
#+*,(&(/,(%&'&*.*&#(&(&"((/,(13&#'&1"&,()("*%5("*&"+)#1*&!"&1,5'&"(!"#,(0(,%%&2%&1,%%&#1&#',(&(/,(%%&)1"*& ).',(-(&)(&!"/4,*&!"&=1,1-&'L(%&-.,&;,.;,%%3&.@)(,/&5(,(1&.&#.'0+&0(&-15%"+3&#(&0+&%5;,()%'&#+&()*(&
*,'*'6%8&I*1"#%& #.@.',+&0%/%"1-&K.-',3 &,()*'@%-%"0&',5."%'3&;,%"& ".1'&#,(0%"6+&'&%1@%,%%& 0(&)(5("8& '*,')+&0(&).',(8&!"&#+-+*.,%'&)'&!"&=1,1-&).',(-1%3&;+54"*1-&;,(F%"*+&5(,(1&!"&;',*('&0%");,(&).',(&.&
I#15&*1&*,+%(2*%&(;.#'&0(&-1;*+&0%"*,(&01$1,%-(&'-@(&".1&).)%*(&2%&?,1;1-&01$1,%-.,&'-@(&'-(&(/,(%-.,8& #.'0+3&#'&.&#.5(*+8&G'&*.'*(&;-'"(*(-(&)%)*(51-1%&".)*,1&!"*4-"%5&'#()*&7(".5("8
I#(')*+ & (;.#+ & ()*( & '"*(5(,?+*.',( & ',5."%F+,%%8 &[' & /("% & /,(5(' & !"#(*+,%% & '#6%1"%% & -., & #."*,',%% &2%& U:'2&01#(&5'%&0(;',*(3&0',&"1&;.*Q&"1&'/(5&0,(;*1-&2%&"%#%&;1*%"6'&)+&$.%"+,%5&;,%"&)%)*(51-&
!"-+*1,',(' & )("*%5("*(-., & /.')*,( & #."*,' & (/,(%-.,3 & #' & '1*.,% & '-( & 1"., & 7';*( & "().#.*%*(8 & a & ',5."%(& ".)*,1&;-'"(*',3&0(#4*&!"&'"15%*(&5%)%1"%&2%&#1&';,.@+,%&);(#%'-(8&J%#%&/.,@+&)+&#.-%"0+5&0%"#.-.&0(&
7,+6(')#+&)(&/'&%")*'1,'&!"*,(&'#()*(&0.1+&?,1;+,%8&I*1"#%3&01$1,%-(&'-@(&'-(&9+54"*1-1%3&*(,5%"4"01:2%& )%)*(51-&".)*,1&;-'"(*',8&K-'/+&H(-1%&/(2"%#3&#+&'/(5&-%@(,*'*('&)+&#+-+*.,%5&!"&=1,1-&;-'"(*(%&".')*,(8&
2#.'-'&'#()*(%&;-'"(*(3&/.,&;-(#'&2%&#%#-1-&)(&/'&,(-1'8 9("*,1&".%&(&1"&0',&0%/%"&#+&;1*(5&)+&5(,?(5&)+&"(&!5@+%(5&!"&.#('"1-&7-1%0%#&#(&!"#."=.',+&
K.',*'&01$1,%-.,&'-@(&0(;%"0(&!"*,:.&.',(#',(&5+)1,+&0(&'&01$1,%-.,&'-@')*,(&2%&!"&7.',*(&5%#+& ;-'"(*'&".')*,+8
5+)1,+&0(&'&01$1,%-.,&,.2%%8&C1$1,%-(&,.2%%&7.,5('F+&/1-?1-3&%1@%*&0(&(/,(18&S/,(1-&/(0(&#1&1"&.#$%& C%" & ?-.@1- & *(,()*,1 & /+0 & %(2%"0 & . & -15%"+ &#( & )( & !"0,(';*+ & #' & . & #.'0+ &#+*,( & ).',(8 & R" & '#(')*+&
5'%&@-'=%"&;(&51"#%*.,&2%&6+,'"3&2%&0%"&%")*%"#*&"1&()*(&#."*,'3&-.,3&7%%"01:-(&0125'"&"15'%&0%"&%"*(,()& )%*1'6%(3&;+54"*1-&)(&;.'*(&#.5;','&#1&.&5%"?(&;1)+&!"*,:.&;-')+&2%&6%"1*+&0(&).',(8&N,'6%(&'#()*(%&
2%&;("*,1&5.5("*8&C(&'#(('&(/,(1-&)(&','*+&#'&';+,+*.,&'-&6+,'"%-.,&2%&51"#%*.,%-.,8&H."7-%#*1-&!"#(;(& #.F%3&;+54"*1-&;',(&-15%".)&;(&;',*('&!"0,(;*'*+&#+*,(&).',(8&C',&;("*,1&5%"(&2%&;',*('&.;1)+&()*(&
!"*,:.&.',(#',(&5+)1,+&#1&01$1,%-(&'-@')*,(8&C',&0125'"%%&0(#-','6%&'%&(/,(%-.,&)1"*&01$1,%-(&'-@(&2%& -15%"'*+3&0',&"1&'*4*&0(&;1*(,"%#&#'&#('&0%");,(&).',(8
/%#(/(,)'8&H1&*.'*(&'#()*('3&-'&)74,2%*1-&#%#-1-1%3&#4"0&)(&';,.;%(&*%5;1-&;-(#+,%%3&01$1-&'-@&"1&5'%&',(& 9,%/%"0&5'%&#1&'*("6%(&);,(&;+54"*3&);,(&;',*('&)'&.;1)+&).',(-1%3&/(0(5&1"&(/'"*'%&0(&-15%"+8&
"%#%&1"&,()("*%5("*3&(/,(1-&@1#1,4"01:)(&0(&;,%(*("%'&'-@1-1%&2%&')*7(-&)(&!5;'#+&#(%&0.%&'0/(,)',%& I#()*&(/'"*'%&"1&()*(&"%#%&'-&;+54"*1-1%3&"%#%&'-&).',(-1%8&S-&/%"(&0%"&0(;+,*+,%3&0%"&K7(,'&0%/%"+&2%&)(&
)(#1-',%8&I;.%&#%#-1-&!"#(;(&0(&-'&#';8 /(0(&#15&()*(&'*,')&0(&;+54"*3&0(&;',*('&)'&.;1)+&).',(-1%8&I#(')*+&-15%"+&#.)5%#+&()*(&$,'"'3&/%'6'&
I#(')*'&()*(&5%)%1"('&(/,(1-1%&:&)+&7%(&?$%5;(-(3&%5@.-01-&#(-.,-'-*(&"('51,%&:&)+&5%"*+3&)+& 01$1,%-.,&0%"&=1,1-&'#()*(%&;-'"(*(&2%&'&*1*1,.,3&0(&;,(*1*%"0("%8&S'&()*(&-';*(-(&#1&#',(&"(&$,+"(2*(&
!"2(-(3&)+&*,+0(F(3&0',&)+&7%(&5.0(-&0(&).-%0',%*'*(&2%&#,(0%"6+&'04"#+8 U'5'&".')*,+&:&K7(,'&0%/%"+8
I=1"?4"0&!"&0,(;*1-&;+54"*1-1%3&'#(')*+&-15%"+&%"/%F%@%-+&()*(&)1;*+&0(&;+54"*&*.*&'2'&#15&1"&
#.;%-&)1?(&-';*(-(&5'5(%&)'-(Q
C',&.@)(,/+5&1"&-1#,1&0(.)(@%*A&!"&(5%)7(,'&*(,()*,+&!"0,(;*'*+&);,(&).',(3&-15%"'&#.)5%#+&()*(&
K.',(-(&:&c'F(-(&#.)5%#( ,();%")+8&K.',(-(&*,%5%*(&);,(&;+54"*&,'F(&7-1%0%#(8&o.,6'&0(&(5%)%(&'&,'F(-.,&7-1%0%#(&).-',(&7%%"0&
7.',*(&5',(3&,();%"?&.',(#15&,'F(-(&#.)5%#(&'-(&K7(,(%&0%/%"(&0%"&0,(;*1-&(5%)7(,(%&*(,()*,(&!"0,(;*'*(&
H1&#4*+&0,'?.)*(&"(&)%-%5&)+&/+&7'#(5&'*("6%3& )+&/+&;+*,1"0(6%&0(&/,(5(-"%#%'&/%(6%%& /.')*,(& );,(&).',(8
*,1;(2*%M&P.'*(&;1*(,%-(&".')*,(&);%,%*1'-(&-(&;1"(5&!"&=.#3&)+&!"6(-(?(6%&/(2"%#%'&/%(6%%&);%,%*1'-(8 J15'%&!"&0,(;*1-&);'6%%-.,&0%"*,(&;-'"(*(3&,'F(-(&#.)5%#(&'-(&K7(,(%&0%/%"(&5(,?&0%,(#*&);,(&).',(&
R"&#.51"%#+,%-(&".')*,(&/+&.7(,%5&*.'*(&?("1,%-(&0(&#1".2*%"6(&2%&0()#,%(,('&0%7(,%*(-.,&7.,5(&'-(& 2%&!-&!"/+-1%(&*.*&'2'&#15&!"/+-1%(&;+54"*1-&2%&#(-(-'-*(&;-'"(*(8&C'#+&'5&;,()1;1"(&#+&).',(-(&".)*,1&
/%(6%%&);'6%'-(8&H4"0&'/(5&1"&5(0%15&@1"3&/+&'01#(5&1"&.5&)%5;-1&)+&/+&/.,@(')#+8&C(&51-*(&.,%& ":',&'/('&"%#%&.&;-'"(*+3&,'F(-(&#.)5%#(&',&).)%&0(&=1,:!5;,(=1,1-&).',(-1%&2%&-:',&;+*,1"0(8
'5&7+#1*&';(-&2%&-'&7.,6(-(&)1@-%5(&'-(&-15%%&".')*,(3&,1?4"01:-(&)+&/+&);1"+&#1/4"*1-&-.,&0(&!"'-*+& c'F(-(&7-1%0%#(&).-',(&,();%"?&-15%"'&#.)5%#+&0'*.,%*+&'*,'#6%(%&(L(,#%*'*(&0(&;-'"(*'&".')*,+&
!"6(-(;#%1"(8&C%"&#.5;',',('&'#()*.,&#.51"%#+,%3&0.@4"0%6%&.&".6%1"(&#."#,(*+3&0();,(&#(('&#(&;.'*(& ')1;,'&,'F(-.,&).-',(8
7'#(&,+@0',('&2%&)%-%"6'&.51-1%3&0'#+&1,5('F+&!"&/%'6'&-1%&*(,()*,+&-%"%'&0,(';*+&'&1"(% c'F(-(&).-',(&'1&.&'"15%*+&(-(#*,%#%*'*(3&%',&,'F(-(&#.)5%#(&).)%*(&0%"&K7(,'&0%/%"+&'1&.&'-*7(-&0(&
(-(#*,%#%*'*(8&S-(#*,%#%*'*('&U'5',1-1%&()*(&'8*(,"'*%0+&:&#4"0&;.F%*%/+3&#4"0&"(?'*%/+8
WUV >%"&*'%"(8(&0%(.%%&.%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"&?(, WUW

S-(#*,%#%*'*('&).',(-1%&()*(&#.")*'"*&;.F%*%/+8&C%"&'#(')*+&#'1F+3&).',(-(&;,%5%"0&,'F(-(&#.)5%#(3& G15%"'&2%&#+-01,'&0(&R'&)1;,'7'6'&;+54"*1-1%
1"(.,%&-(&/'&'*,'?(3&%',&'-*(.,%&-(&/'&,();%"?(8&I#()*&(#$%-%@,1&)(&/'&5("6%"(&5%-%',0(&0(&'"%3&;4"+&
#4"0&).',(-(&/'&0(/("%&.&;-'"(*+8
K#$%5@1-&'#()*'&!"*,(&K7(,'&0%/%"+&2%&).',(&"1&()*(e'*4*&0(&)%5;-1&;(&#4*&):',&#,(0(3&7%%"0&*1-@1,'*&0(& K(& 2*%(& #+& -'&)1;,'7'6'&;+54"*1-1%&'(,1-& ()*(& #'-08&H1& #4*&*(&!"'-6%3&#1& #4*&*(&!"0(;+,*(F%& 0(&
%"7-1("6'&*1*1,.,&;-'"(*(-.,&0%"&)%)*(51-&".)*,18&!"*,:'0(/+,3&*.'*(&;-'"(*(-(3&;,%5%"0&,'0%'6%%&(-(#*,%#(3& )1;,'7'6'&;+54"*1-1%3&'(,1-&0(/%"(&0%"&#(&!"&#(&5'%&,(#(8
0(/%"&'0(/+,'6%&'#151-'*.,%&(-(#*,%#%8&K.',(-(&()*(&')(5+"+*.,&1"1%&0%"'5&1,%'23&1"1%&?("(,'*.,&#',(& K( & ;1"( & !"*,(@',('A & C( & #( & -' & )1;,'7'6' & ;+54"*1-1%3 & '(,1- & ()*( & #'-0 & 2% & -15%".)3 & ;("*,1 & /.%3&
;,%"&!"/4,*%,('&!"&=1,1-&'L(%&)'-(3&0(F/.-*+&5(,(1&7.,6'&(-(#*,%#+&%,'0%'*+&!"&=1,8&I#()*&0%"'5&()*(&;1)& .'5("%%&*,1;(2*%D
!"&5%2#',(&0(&,'F(-(&#.)5%#(&).)%*(&0%"&K7(,'&0%/%"+8&[%'6'&'#()*1%&')*,1&0(;%"0(3&0(#%3&"15'%&0(& G'&)1;,'7'6'&;+54"*1-1%&:&;(&;',*('&!"0,(;*'*+&);,(&).',(&:&)(&!"*4-"()#&,'F(-(&).-',(&%"/%F%@%-(3&
'#()*(&,'F(&#.)5%#(3&7+,+&(-(3&):',&)*%"?(3&',&;%(,%8&I#(-('2%&,'F(&#.)5%#(&!"*,(6%"&2%&/%'6'&;-'"(*(-.,8 0(&"'*1,+&(-(#*,%#+&;.F%*%/+3&#1&,'F(-(&(-(#*,%#(&"(?'*%/(&'-(&;+54"*1-1%8&C%"&1"%,('&-.,3&)(#1"0+&0(&
c'F(-(&#.)5%#(e)1"*&,();%")(&!"*,(&;+54"*&2%&).',(8&I;',("*3&,'F(-(&).-',(&;',&'&7%&5'%&;1*(,"%#(& )(#1"0+3&)(&;,.01#&5%-%',0(&0(&)#4"*(%&(-(#*,%#(&5%#,.)#.;%#(3&#',(&!"&*.*'-%*'*('&-.,&;(,5'"("*+&
0(#4*&#(-(&#.)5%#(8&!"&,('-%*'*(3&,'F(-(&#.)5%#(&)1"*&%"7%"%*&5'%&;1*(,"%#(3&(-(&%"1"04"0&*.*&#.)5.)1-3& 7.,5('F+&817%"'&2%&#+851,'&*(,()*,+8
;(&#4"0&,'F(-(&).-',(&0(;+2()#&#1&;16%"&!5;+,+6%'&K.',(-1%8&K.',(-(&*,%5%*(&;-'"(*(-.,&,'F(-(&)'-(3&0',& 9,%"&1,5',(3&-15%"'&2%&#+-01,'&7%F%#+&"1&)(&;,.01#&0(#4*&'%#%3&!"&;,('=5'&?-.@1-1%&*(,()*,18&U'%&
2%&(-(&!%&*,%5%*&;(&'-(&-.,3&2%&')*7(-&%"*(,/%"(&'-&*,(%-('&7'#*.,&7-1%0%#3&;(&#',(&!-&/.5&"15%&,'M(&')*,'8(9& 0(;',*(&0(&;+54"*&(&7,%?&2%&!"*1"(,%#&;("*,1&/.%3&0',&;("*,1&".%3&01$1,%-(3&(&-15%"+3&;("*,1&#+&!".*+5&
9,%"&1,5',(3&'/(5&*,(%&7(-1,%&0(&,'F(&(-(#*,%#(A&#2)7%#(/&)28',(&2%&48'"(*',(9 ')(5("('&')*,(-.,&!"*,:1"&7-1%0&1"%/(,)%#&-15%".)&;,%"&(-&!")12%8
C(&!"0'*+&#(&).)()#&-'&)1;,'7'6+&;+54"*1-1%3&,'F(-(&')*,'-(&)1"*&*,'")7.,5'*(3&.,%#15&',&7%&(-(3&!"& G15%"'&2%&#+-01,'&;(,#(;1*+&0(&/.%&"1&/%"(&0(&-'&).',(3&#%&)(&;,.01#(&'%#%3&!"&=1,1-&;+54"*1-1%3&
,'F(&(-(#*,%#(&"(1*,(8 ;,%"&#.5@%"',('&,'F(-.,&(-(#*,%#(&;.F%*%/(&).-',(&#1&,'F(-(&(-(#*,%#(&"(?'*%/(&*(,()*,(8
K.',(-(&()*(&1"&0%"'5&(5%6+*.,&0(&(-(#*,%#%*'*(&;.F%*%/+8&9+54"*1-&2%&G1"'&)1"*&'#151-'*.,%&0(& [.%&"15%6%&#+-01,+&2%&-15%"+&#.5@%"'6%'&(-(#*,%#+&;(&#',(&.&)%56%6%3&0',&"1&.&/(0(6%8&J.%&"15%5&
(-(#*,%#%*'*(&"(?'*%/+8&c'F(-(&).-',(&2%&#.)5%#(&)1"*&,'F(&0(&("(,?%(8&c'F(-(&')*,'-(&)1"*&"15'%& -15%"' & 2%& #+-01,' & ;1, & 2%& )%5;-1 &("(,-%(/ &("(,?%( & 0(&?,'01- &' &2%& ("(,?%(& 0(&?,'01- &A9 &J.% & '/(5&
,(?1-'*.,%%&0(&("(,?%(3&#."*,'@'-'")4"0&(-(#*,%#%*'*('&;.F%*%/+&'&).',(-1%&#1&#('&"(?'*%/+&'&;+54"*1-1%3& 7'#1-*'*('&0(&'&'01"'&!"&=1,1-&".)*,1&'#()*(&("(,?%%3&;4"+&;1*(5&F%#(&#+&"(:'5&#.;*&)1@&(-(8&C',&
0(#%&,'F(-(&')*,'-(&(#$%-%@,('F+&("(,?%'&0%"&=1,1-&;+54"*1-1%&2%&'&/%(6%%&0(&;(&)1;,'7'6'&)'8&I5&/.,@%*& 0(6%"(5&2%&2*%%"6'&0(&'&"(&,+#%3&)'1&0()#+,#'&0(&'#()*(&("(,?%%8
0();,(&("(,?%(&2%&/%'6+8&C',&#(&()*(&("(,?%'&2%&/%'6'D U'*(,%'&(*(,%#+&'&#.)5.)1-1%&()*(&7.,5'*+&0%"&;',*%#1-(&(*(,%#(3&%',&(-(&7%%"0&#.,;1,%&(-(#*,%#(&2%&
H'&)+&(L%)*(3&);%,%*1-&',(&!"&(-&/%'6+8&91*(,('&;(&#',(&.&(5%*&0%"&5%"(&#'&)+&7'#&#(/'&)'1&)+& !"&'#(-'2%&*%5;&!"&/%@,'6%(3&)1"*&-15%".')(8&P.*'-%*'*('&;',*%#1-(-.,&(*(,%#(&7.,5('F+&817%"'&#2)7%#+/ &
?4"0()#&)(&"15(2*(&("(,?%(8&[,4"0:"(/,4"0&'5&/%'6+3&%',&7.,6'&(5%)+&#'&)+&;,.01#&.&-1#,',(&.',(#',(& 0("15%*+&;(&/,(51,%&817%"'&')*,'8+9
()*(&("(,?%'8 K;'6%%-(&)%0(,'-(&'-(&!"*,(?1-1%&#.)5.)&)1"*&;-%"(&0(&-15%"+&%"/%F%@+&.#$%-.,&.51-1%&!"*,1;'*8
K+&"1&)(&#."71"0(&("(,?%'&#1&/.%"6'&);%,%*1-1%8&[.%"6'&()*(&)*',('&'1*.5'*+&'&);%,%*1-1%&#',(&0+&.& I5Z & );1) & #+ & ;( & ;',*(' & )' & .;1)+ & ).',(-1%3 & ;+54"*1- & '@).',@( & ,'F( & #.)5%#(3 & #',( & 0'1 & /%'6+&
0%,(#*%/+&("(,?%(%8&[.%"6'&()*(&'&5('&;,.;,%(3&;(&#4"0&("(,?%'&!5%&/%"(&0%"&'7',+3&0(&-'&U'5',&2%& ;-'"(*(%&".')*,(8&C',&;(&;',*('&!"0,(;*'*+&);,(&).',(3&;+54"*1-&;,%5(2*(&,'F(-(&).-',(3&#."*,%@1%"0&2%&
K.',(8 (-(&-'&/%'6'&'&*.*&#(&(L%)*+&;(&;+54"*8
H(&0(;',*(&()*(&U'5',1-&0(&5%"(M&>%&*.*12%3&#4*&0(&';,.';(M&S&#$%',&-4"?+&5%"(8&C%/%"%*'*('&()*(& c'F'&#.)5%#+3&)1;*+&0(& ;',*('&;+54"*1-1%& .;1)+ &).',(-1%3&"1&)( &!"0,(';*+& 0%,(#*3& 01;+&,'F'&
'%#%3&-4"?+&5%"(&2%&!"&5%"(3&,(;,(F("*'*+&;,%"&,'F'&#.)5%#+3&#.,;&0%"&#.,;1-&P'*+-1%3&;,%"&#',(3&7+,+& ;+54"*1-1%3 & );,( & #("*,1- & )+13 & #% & ;+54"*1- & ,.*%"01:)( & !" & =1,1- & 'L(% & )'-(3 & .& 0(/%'F+ & 2% & ')*7(- & ,'F'&
2*%,('&5('3&S-&!5%&*,%5%*(&("(,?%(8 #.)5%#+&7'#(&1"&#%,#1%*&!"*,:.&)%"?1,+&0%,(#6%(3&!"&)#.',6'&*(,()*,+8
C',&"%#%&o%1-&"1&5+&1%*+8&I#()*(&0.1+&,'F(&;+*,1"0&!"&5%"(&2%&5+&;.-',%F('F+3&'0%#+&7'#&0%"&5%"(& c'F'&).-',+3&;+*,1"F4"0&2%&('&;,%"&#.'='&;+54"*1-1%3&)(&!"*4-"(2*(&!"&'04"#1-&;+54"*1-1%&#1&,'F'&
.&5'2%"+&(-(#*,%#+&'/4"0&0.%&;.-%8 #.)5%#+3&;,.01#4"0&.&,('#6%(&!"&1,5'&#+,(%'&,'F(-(&;.F%*%/(3&'-(&).',(-1%&)1"*&*,'")7.,5'*(&!"&,'F(&
9+54"*1-3&K.',(-(&2%&#$%',&U'5',1-&'1&0.%&;.-%&:&1"1-&;.F%*%/&2%&'-*1-&"(?'*%/8&I2'0',&U'5',1-& "(?'*%/(&2%&';.%&)1"*&,();%")(&!"';.%3&);,(&).',(8
()*(&*,1;1-&C%/%"%*+6%%3&';.%&K.',(-(&()*(&*,1;&0%"&*,1;1-&C%/%"%*+6%%3&%',&9+54"*1-&:&*,1;&,1;*&0%"&K.',(8& 9+54"*1-&(&1"&'#151-'*.,&2%&!"&'#(-'2%&*%5;&1"&*,'")7.,5'*.,8&!"*,(&;+54"*&2%&).',(&)(&;,.01#(&
G'&,4"01-&5(1&2%&(13&01$3&)1"*&,(;,(F("*'"*1-&C%/%"%*+6%%8 5(,(1&1"&)#$%5@&0(&,'F(8&T"&')(5("('&)#$%5@&;(,5'"("*&0(&,'F(&(*(,%#(&',(&-.#&!"*,(&*.6%&).,%%&2%&
G'&"'2*(,('&)'3&#.;%-1-&()*(&!"*45;%"'*&2%&)#+-0'*&0(&0%7(,%*(&,'F(8&I)*,1-&)'1&;-'"(*'&'7-'*+&!"& K7(,':U'5',8
0,(;*1-&5(,%0%'"1-1%&)+13&',(&7.,6'&#('&5'%&5',(&7'6+&0(&*.'*(&#(-(-'-*(&')*,(8&c'F'&(5%)+&0(&'#()*& J.%3&01$1,%-(3&"(&$,+"%5&#1&,'F'&5'5',+&0',&'#151-+5&2%&,'F(&).-',(8
')*,1&/%"(&2%&;,.01#(&'"15%*(&*1-@1,+,%&'-(&,'F(-.,&).-',.:#.)5%#(8&C%"&'#6%1"('&-.,&,(#%;,.#+&)(&"'2*(& [.%&7'#(6%&'#(-'2%&-1#,13&0',&%"/(,)3&2%&!"&;-1)3&!"&5.5("*1-&"'2*(,%%&/.')*,(3&'#151-'6%&2%&,'F(&
.&,(M18*'"*+/&#',(&/'&%"*,'&#'&.&#.5;."("*+&;(,5'"("*+&'&!"*,(?1-1%&#.,;&(*(,%#&'-&);%,%*1-1%&!"*,1;'*8& ')*,'-(&)'1&;-'"(*',(&"(1*,(8
H1&'#(')*+&2*'5;%-+&/'&*,+%&);%,%*1-&!"*,1;'*&*.*&*%5;1-&/%(6%%&)'-(&*(,()*,(8 R'*+3&;,%"*,(&'-*(&#'1F(3&;("*,1&#(&F%1'3&#4"0&)1"*(6%&)#171"0'6%&!"&*,1;3&"1&5'%&;1*(6%&#.51"%#'&#1&
9,%"&1,5',(3&'#()*(&,'F(&')*,'-(&/.,&'/('&#.")(#%"6(&;("*,1&*.'*+&/%'6'&!"*,1;'*1-1%8&I#(')*+&,'F+& ".%8 & c'F' & "(1*,+ & ')*,'-+ & '#151-'*+ & !" & 5.5("*1- & "'2*(,%% & /.')*,( & ' & ;,.01) & 1" & #45; & (-(#*,%#3&
')*,'-+&'&)*'@%-%*&.&'"15%*+&-(?+*1,+&2%&1"&'"15%*&,';.,*&!"*,(&#.,;1-&01$1-1%&2%&#.,;1-&/%*'-&'-&*,1;1-1%& ')(5+"+*.,&1"1%&/.'-&%5;(,5('@%-3&!5;%(0%#4"0&/+F1-3&'1F1-&2%&)%561-&);%,%*1-1%&/.)*,1&)+&%'&#1".2*%"6+&
)+18 0(&-15('&);%,%*1'-+&'&);'6%%-.,8
I)*,.-.?%'&#(-.,&/(#$%&'/('&1"&7."0&0(&'0(/+,8&S'&()*(&.&2*%%"6+&"(#1".)#1*+&0(&#(%&#(&'F%&)(& C1;+&#(&'1&7+#1*&!"#."=1,1-&-15%-.,&2%&'1&'#6%."'*&')1;,'&*1*1,.,&#.,;1,%-.,&#(,(2*%&5',%&2%&5%#%3&
;,(*%"0&')*,.-.?%8 ,'F(-(&#.)5%#(&)(&!"*.,#&!"&U'5',8&S-(&).)()#&-'&7%(#',(&).',(3&%"*,+&!"&5')'&-.,&2%&'%#%&)1"*&1*%-%F'*(&
J15'%&%"%6%'6%%&".2*,%&#1".)#&0'*(-(&')*,.-.?%(%3&"15'%&(%&#1".)#&#(&,('#6%%&2%&#.5@%"'6%%&(*(,%#( 2%&*,'")7.,5'*(8&I1&%"*,'*&;1,(&2%&%()&%5;1,(8
'1&'/1*&-.#&-'&!"*4-"%,('&,'F(-.,&#.)5%#(3&).-',(&2%&')*,'-(3&#1&.#'F%'&/("%,%%&01$1-1%&!"&-15('&*(,()*,+8 o%(#',(&).',(&)(&0%-'*+&2%&%");%,+&,'F(&#.)5%#(8&R"*,'*(&!"&%"*(,%.,1-&1"1%&).',(3&,'F(-(&(*(,%#(&
C%"&#(-(&0(&)1)&):'&/+F1*&#+&'*4*&#.,;1,%-(&#(,(2*%3&#4*&2%&01$1,%-(&0(&*.'*(&#'*(?.,%%-(&)1"* 5'5',(&!"*,(6%"&/%'6'3&'#*%/%*'*('&')*,1-1%&,();(#*%/3&01;+&#',(&0(/%"&%5;1,(3&7%%"0&(-%5%"'*(&0%"&).',(&
;.-',%F'*(8&a51-&*,1;()#&',(&!"&7%%"6'&)'&("(,?%(&;.F%*%/+&2%&"(?'*%/+3&-'&7(-&2%&#.,;1-&/%*'-3&;-'"(*',3 ;,%"*,:1"&7(-&0(&(L;%,'6%(3&;("*,1&'&)(&!"*.',#(&!"&U'5',380(&1"0(&'1&/("%*8
).-',3&1"%/(,)%#3&#.)5%#3&01$1'-3&7%1-',&2%&*+*',8 c'F'&#.)5%#+&).)%*+&0%"&K7(,':U'5',&2%&%");%,'*+&0(&1"&).',(&',&;1*('&7%&"15%*+&0%'.+/&%',&,'F'&
c'F(-(&#.)5%#(3&).-',(&2%&')*,'-(&;+*,1"0&;,%"&5')'&;+54"*1-1%&#+*,(&#("*,1-&)+13&1"0(&)17(,+& #.)5%#+&,();%")+&)'1&(L;%,'*+&0(&).',(&',&;1*('&7%&"15%*+&"(0%'.+&)'1&,'F+&-%;)%*+&0(&("(,?%(8
;,(7'#(,%8&I)*7(-3&,'F(-(&).-',(&;+*,1")(&!"&%"*(,%.,1-&;+54"*1-1%&)1"*&*,'")7.,5'*(&0%"&;.F%*%/(&!"& c'F(-(&).',(-1%&/("%*(&-'&)1;,'7'6'&;+54"*1-1%&:&7%%"0&.&(5'"'6%(&:&)1"*&.',(#153&%5;1,(8&9,%"&
"(?'*%/(&2%&';.%&(-%5%"'*(&2%&*,%5%)(&).',(-1%8&c'F'&')*,'-+&!"#',#+&;+54"*1-&#1&("(,?%(&"(1*,+8&K1@& "'*1,'&-.,&,'F(-(&).-',(&)1"*&0%)*,1#*%/(3&0+*+*.',(&0(&5.',*(3&0'#+&',&-1#,'&)%"?1,(8
%"7-1("6'&'#()*(%&7.,6(3&;+54"*1-&'@).',@(&0%"&(L*(,%.,1-&)+1&,'F(-(&#.)5%#(8&9,%"&1,5',(3&)(&;,.01#& K+ & "1 & /% & )( & ;',+ & #1,%.')+ & '7%,5'6%' & 5('Q & '#()*' & ()*( & ;1,1- & '0(/+,8 & c'F(-( & #.)5%#( & )1"*&
'@).,@%,%&0(&,'F(&-'&)1;,'7'6'&;+54"*1-1%&2%&;,(7'#(,%&!"&#("*,1-&)+18 !"*,(6%"+*.',(&0(&/%'6+3&%',&,'F(-(&).-',(&)1"*&'01#+*.',(&0(&5.',*(8
I#()*( & ("(,?%% & -1#,('F+ & 1"(-( & ')1;,' & '-*.,'3 & ;,.01#4"0 & . & 7,+54"*',( & 0( & #1,("6% & !" & 5%(F1-& H4*&;,%/(2*(&;1F0(,%'&0(&')*,(&0(&;(&7%,5'5("*3&(-(&"1&;.*&!"*,(6%"(&/%'6'&0(&;(&;+54"*3&7%%"0&
;+54"*1-1%&2%&';.%&)1"*&(5%)(&)1@&'-*(&');(#*(&)'1&*%;1,%&0(&("(,?%%8&C%"&,('#6%%-(&'#()*.,&("(,?%%3& ;,('&0(;',*(8&c.-1-&-.,&()*(&,(01)&-'&"(1*,'-%*'*(8
;+54"*1-&)(&#.5;.,*+&#'&1"&#.,;&/%13&(-(#*,%F'*8 K.,%%&(L;%,+&0%"&#.,;1-&-.,&,'F(&#.)5%#(&%5;1,(3&#',(&*,(@1%(&)+&)(&!"*.',#+&-'&H("*,1-&#,('6%%-.,3&
;("*,1&'&)(&;1,%7%#'&2%&'&7%&*,%5%)(&0%"&".1&!"&-15(3&)+&!"*,(6%"+&/%'6'&0(&;,(*1*%"0("%8
WUX >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"&?(, WUY

G1"'3&)'*(-%*1-&9+54"*1-1%3&()*(&2%&('&1"&'#151-'*.,&#(&'@).',@(&,'F(&#.)5%#(3&#',(&!")+&!%&)1"*& K;'6%%-(&)1"*&;-%"(&0(&1"0(:?4"01,%
'@).,@%*(&0(&;+54"*8&C%"&'#(')*+&#'1F+&G1"'&"1&;.'*(&'/('&/%'6+&7%F%#+&;(&)1;,'7'6'&)'8&P.*12%&".%3&
01$1,%-(3&;1*(5&*,+%&!"&=1,1-&G1"%%3&#+#%&0(2%3&0'*.,%*+&)-'@(%&)'-(&'@).,@6%%3&;,%5(2*(&.&#'"*%*'*(&5'%&
5%#+&0(&,'F(&#.)5%#(3&'#(')*'&"(&()*(&)17%#%("*+&)+&;1*(5&/%(61%&;(&('8 H4"0&.51-&'&*,(#1*&;,'?1-&/%(6%%&*,1;(2*%&#.")*'*+&#+&'&;-(#'*&0%"&-15('&%-1F%%-.,&2%&'&%"*,'*&!"&
9+54"*1-&!%&'@).',@(&G1"%%&/%'6'&).)%*+&0(&-'&H("*,13&0%"&K7(,':U'5',8&R'*+&0(&#(&"1&.,%#(&01$& -15('&,('-%*+6%-.,8&H4*&'&*,+%*&;(&;+54"*&%:'1&7.)*&')#1")(&*.*&*,(#1*1-&)+1&2%&*.'*(&#1".2*%"6(-(&)'-(&
;.'*(&*,+%&;(&G1"+8&P,'%1-&;(&G1"+&"1&()*(&;.)%@%-&0(#4*&);%,%*(-.,&#."01#+*.',(&'-(&9+54"*1-1%8& '"*(,%.',(8&c(/("%"0&!"&-15('&".')*,+&01$1-&!2%&,(%'&7%,1-&'5%"*%,%-.,3&'-&"()74,2%*1-1%&)+1&*,(#1*&2%&
I#.-.&"1&;.*&*,+%&);%,%*(&'-@')*,(&2%&,.2%%3&(-(&):',&)17.#'&0%"&#'1F'&#'"*%*+6%%&5%#%&0(&("(,?%(&#.)5%#+8& %"*,+&!"&0(;-%"'&;.)()%(&'&#1".2*%"6(-.,&)'-(8&U%#%-(&(*';(&'-(&/%(6%%&*,1;(2*%&)(&()*.5;('F+&2%&!2%&/(0(&
J.%3&'-@%%3&;1*(5&*,+%&;(&G1"+3&;("*,1&#+&0(6%"(5&2*%%"6'&0(&'&'@).,@%3&0(&'&"(&$,+"%&,'6%."'-&#1& 2%,1-&-1"?&'-&(L;(,%("6(-.,&#1-()(&'%#%&)'1&;(&'-*(&;-'"(*(8
'#(')*+&5'*(,%(8&J.%&2*%5&#15&)+&,();%,+5&2%&)+&#.5@%"+5&,'F'&).-',+&#1&#('&#.)5%#+8 K;%,%*1-&/%(61%(2*(&'0(/+,'*'&2%&"()74,2%*'&)'&/%'6+&"15'%&!"&);'6%18&C')#+-1-&1,5+,(2*(&#1&,+@0',(&
C'#+&G1"'&',(&.&#'"*%*'*(&5%#+&0(&,'F(&#.)5%#(&!"&=1,1-&(%3&0%"&#'1F+&#+&!"&5',(&;',*(&#45;1-& ;(&(-(/1-&0%"&#-')'&'&R:'&;,%5',+3&#',(&!"/'6+&)+&)#,%(8&H1&,+@0',(&!"?(,(')#+3&!"?(,%%&"(&%")*,1%()#&;(&
)+1&(-(#*,%#3&).-',.:5'5',3&!%&()*(&'*,')&0(&;+54"*3&!"&)#$%5@&).',(-(&',(&!"&=1,1-&)+1&.&'*5.)7(,+&0(& ".%3& "(;,%#(;1*(-(& 01$1,%& 15'"(8& G15('& '"?(-%#+& '& 9+54"*1-1%& ()*(& .& -15(&0(& )'/'"6%3& 7'6+& 0(&
,'F(&#.)5%#(&-'&.&5',(&;,()%1"(8&H45;1-&(-(#*,.:5'?"(*%#&0%"&=1,1-&).',(-1%&"1&;.'*(&!"?+01%&*,'%1-& 01$1,%-(&15'"(8&S,10%6%'&-.,&()*(&'*4*&0(&/')*+3&!"#4*&0'#+&',&7%&;.)%@%-&)+&7%(&#.51"%#'*+&0%,(#*&
0(#4*&!"?(,%-.,&).-',%8&9("*,1&01$1,%-(&9+54"*1-1%&'#()*&#45;&(-(#*,%#&',&7%&;(,%#1-.)3&"(2*%%"0&#15&)+& /,(1"1%&)'/'"*&0(:'-&/.)*,13&'#()*'&":',&;,%#(;(&.&%.*+&2%&',&,+54"(&#1&?1,'&#+)#'*+8
)(&';(,(&0(&%"7-1("6'&'#()*(%&1,%'2(&1F%"(&(-(#*,%#(8&J15'%&)1@&;,.*(#6%'&!"?(,%-.,&).-',%3&1"&01$& G'&'"15%*(&(;.#%&2%&!"&'"15%*(&-.#1,%3&!"?(,%%&'01"+&?,1;1,%&0(&01$1,%&'-@(&2%&-(&#.51"%#+&0%"&
*(,()*,%'"&',&;1*('&)*'&*(5;.,',&!"&K.',(8 #1".2*%"6(-(&-.,8&C1$1,%-(&'10%'F+3&0',&":'1&0,(;*1-&)+&!"*,(@(&0(&#(&(&'2'&2%&"1&'-*7(-8&I)#1-*+&2%&'*4*'&
H(&%'03&#(&7.#3&#(&#+-01,+&*,(@1%(&)+&7%(&!"&).',(&:&'6%&F%#(&/.%&:&2%&#15&0(&;.*&*,+%&01$1,%-(&!"*,:1"& *.*8
')(5("('&5(0%1&)1;1)&-'&5',%&7.,6(&(-(#*,%#(8&C'3&(&#+-01,+&2%&-15%"+&;(&).',(3&#'&2%&;(&;+54"*3&#'& C',&2%&5(5.,%'&".')*,+3&'&01$1,%-.,&'-@(3&',(&.&-%5%*+8&J1&;1*(5&!"/+6'&0%"*,:.&0'*+&*.*1-8&J1
,(F1-*'*&'-&,('#6%%-.,&(-(#*,%#(&;,.01)(&!"&=1,1-&-1%3&0',&2%&("*%*+6%-(&'"?(-%#(&0(&'#.-.&'1&2*%%"6'&)+& "(&,+54"(&0(#4*&)+&"(&!"*,(@+5&1"%%&;(&'-6%%3&#(%&#(&'1&'10%'*&'#(-(&#1,)1,%8&T"1-&'7%,5+3&'-*1-
;,.01#+&,('#6%%&#1&#',(&)+&)(&';(,(&0(&'#()*(&'#6%1"%8&I#.-.&1"0(&/+&!"#$%;1%6%&#+&"1&(L%)*+&#."0%6%%&0(& #.5@'*(3&0'#+&%&):'&;+,1*&#+&'&,(6%"1*&5'%&@%"(3&!"/+64"0&0%"&'#()*(&#.5("*',%%&2%&#."*,'0%#6%%8
/%'6+3&!"?(,%%&01#&.&/%'6+&"(?,+%*&0(&7(,%#%*+8 G'&0%)#16%%-(&".')*,(&')%)*+&#4*(.0'*+&2%&#4*(&1"&!"?(,3&#',(&)(&B'51F+E&0(&"(!"6(-(?(,%-(&".')*,(8
o.#1-&-15%"('F+3&0',&"1&()*(&-15%"+3&(-&!"#+-F(2*(3&0',&"1&()*(&#+-01,+8&G15%"'&()*(&0(&"'*1,+& G'&*%5;1-&7%L'*&!"?(,1-&/'&,(;(*'&0%"&".1&'#(('2%&-(#6%(8&c(;(*',('&)(&7'#(&!"&H(,3&#'&2%&;(
(-(#*,%#+3&%',&#+-01,'&()*(&,(F1-*'"*'&#.5@%"'6%%-.,&(-(#*,%#(&0(&)(")&#."*,',8 ;+54"*3&#+#%&('&()*(&5'5'&!"/+6+*1,%%8
R',+2%&,(;(*&#(('&#(&'5&5'%&'7%,5'*8&!"&H(,1,%&"1&(L%)*+&"%#+%(,%&".';*(3&#%&"15'%&F%8&!"&);'6%%-(& C(&51-*(&.,%&)1"*(5&#$(5'6%&)+&')#1-*+5&*(F(&2%&'"*%*(F(3&)1)6%"1*(&!"&5.0&#."*,'0%#*.,%1&0(&0.%&
#.)5%#(&"1&(L%)*+&#+-01,+3&#%&"15'%&7,%?3&)%56%*&0(&".%3&0',&7+,+&)+&'%@+&.&%"7-1("6+&')1;,'&".')*,+8&J.%& !"?(,%8&I#(('2%&;,.@-(5+&()*(&/+F1*+&2%&)1)6%"1*+&#."*,'0%#*.,%1&#'&2%&!"&*,%@1"'-(-(&/.')*,(8&>*%%"6'&
@%"(#1/4"*+5&;(&H,('*.,1-&".)*,1&;("*,1&5',('&K'&@%"(7'#(,(&0(&'&"1&7%&7+#1*&".';*(&2%&;("*,1&".%3& ()*(&1"'&2%&'#(('2%3&0',&;,(0',('&(%&)(&7'#(&)1@&0.1+&');(#*(8
#',(&"1&0.,5%5&2%&"1&"(&.0%$"%58 H.51"%#',('&P'*+-1%&#(,()#&"1&()*(&;,.;,%1:F%)&.&;.,1"#+&)'1&.&;(0(';)+&:&;("*,1&#+&S-&'&0'*&
BH153&/.%& "1&0.,5%6%&"%#%.0'*+DE&"(:'6%&;1*('&!"*,(@'8&J13&"1& 0.,5%5&!"&)(")1- &0.,5%*1-1%& #.;%%-.,&)+,&-%@(,*'*(3&-%@(,&',@%*,13&0%"&;,%51-&#(')&'-&#,(+,%%&-.,&:&#%&()*(&.&;,.@-(5+&".1+3&;(&#',(&)+&
/.)*,18&C',&1"&01$3&*.*&5(0%*4"03&*.*&-1#,4"03&)(&0()#',#+&0(&("(,?%'&(-(#*,%#+&'#151-'*+&!"&#.,;1-& .&)*10%(F(&2%&)+&.&';-%#(&01;+&!"6(-(;#%1"('&-.,8&9,.@-(5'&)(&,(7(,+&-'&#(('&#(&*,(@1%(&7+#1*&;("*,1&#'&
)+1&);%,%*1'-3&2%&'*1"#%&',(&"(/.%(&0(&1"&5.5("*&0(&.;,%,(3&;("*,1&'&)(&!"#+,#'&#1&("(,?%(&/("%*+&0(&-'& .&;-'"(*+&)'1&).',(&)+&;,.?,()(F(&!5;,(1"+&#1&7+;*1,%-(&#(&!2%&01#&*,'%1-&;(&(-(8&K*10%%-(&2%&;1"(,('&!"&
U'5',8 ;,'#*%#+&'&'#()*.,&".%&;,.@-(5(&).-%#%*+&5%%&0(&'"%3&%',&,(F1-*'*(-(&';-%#+,%%&(%&/.,&7%&'01)(&';.%&-'&
P,1;1-3&/($%#.-1-&01$1-1%&!"*,1;'*&',(&"(/.%(&0(&).5"&;("*,1&#+&);%,%*1-3&*.*&-1#,4"0&F%1'3&;%(,0(& #1".2*%"6'&P'*+-1%8
0%"&("(,?%'&)'&2%&(&"(/.%(&#'&!"&*%5;1-&".;6%%&)+&%')+&0%"&*,1;3&;("*,1&'&)(&,(!"#+,#'&#1&("(,?%(& !"&'7',+&0(&-15('&)1;,(5+&'&!"?(,%-.,&0(&;(&;-'"(*'&".')*,+3&"%#%&1"&01$&15'"&"1&'10(3&7,(#/("6'&
#.)5%#+8&G'@.,'*.,1-3&P'*+-&#("*,'-&#',(&!%&!"#',#+&'#151-'*.,1-&"1&0.',5(3&#%&()*(&/(2"%#&*,('F&2%& 1"0(%:?4"0%,( & ' & P'*+-1% & #(,()#8 & H4*( & #."/.,@%,%3 & #4*( & #4"*(#( & )'1 & (L;1"(,% & 2*%%"6%7%#( & '1 & -.# &!"&
'#*%/3&*,%5%64"01:%&5(,(1&("(,?%'&K'8 5.5("*1-&'#()*'&;(&)1;,'7'6'&;+54"*1-1%&/.)*,1M&P.'*(&15;-1&);'6%%-(&;+54"*1-1%3&*,(#&;(&-4"?+&/.%3&
U'*(,%'&;-'"(*(%&".')*,(&()*(&5(,(1&0%)*,1)+&0(&,'F(-(&).-',(&2%&;,(7+#1*+&0(&5',(-(&*,'")7.,5'*., &:& 0',&"1&-(&'1F%6%8
,'F(-(&%"/%F%@%-(&#.)5%#(8&c'F(-(&).',(-1%&0%)*,1?&5(,(1&5'*(,%'&*,1;1-1%&.5("()#8&H,(0%"6'&/.')*,+& J15'%&0'#+&,(?-(F%&';','*1-&0(&,'0%.&-'&7,(#/("6'&-1"?%5%%&0(&1"0+&'&1"1%&'"15%*&;.)*&,'0%.7."%#3&
()*(&#+&).',(-(&()*(&0+*+*.,&0(&)+"+*'*(&2%&/%'6+3&0',&,('-%*'*('&()*(&'-*7(-&0(&#15&#,(0(6%&/.%8&U'5',1-& /(%&'1F%&0%"&".%'"1-&0(&(5%)%1"%&,'0%.3&;(&#('&0(&;(&7,(#/("6'&'-(')+8
"(&*,%5%*(&/%'6+8&C%5%"('6'3&.51-&)(&0(2*(';*+&2%&!"#(;(&'#*%/%*'*('&)'8&S-&#'0(&)1@&%"7-1("6'&,'F(-.,& G'&7(-&)(&!"*45;-+&2%&#1&1"0':?4"0%,(&'&P'*+-1%&#(,()#8&S'&#%,#1-+&;,%"&1"%/(,)3&0',&*.'*(&);%,%*(-(&
).-',(8&C(&0%5%"('6+&;4"+&)(','&,'F(-(&).',(-1%&!%&0%)*,'?&#(-1-(-(&*,1;1-1%8&J.';*('3&)17-(*1-&'@).',@(& 15'"(&)1"*&)1,0(&;("*,1&'#(')*+&1"0+8&J15'%&01$1,%-(&'"?(-%#(&2%&N1/(,"'*.,%%&0(&;-'"(*(&)'1&).,%&.&
,'F(-(&#.)5%#(&2%&,(7'#(3&;,%"&5'*(,%'-%F',(3&#(-1-(-(&*,1;1-1%8&c'F(-(&#.)5%#(&)1"*&#.")*,1#*.',(3&%',& '10&2%&!%&!"6(-(?&)(")1-8
,'F(-(&).-',(&:&0%)*,1#*%/(8 P'*+-&#("*,'-&'&0'*&.&".1+&4,2A8(7+6(0281.%(9&a,0%"1-&'&).)%*8&N1/(,"'*.,%%&).-',%&2%&;-'"(*',%&%'1&
W%1'3&,'F(-(&).-',(&0%)*,1?&*,1;1-&15'"3&0',&"1&'1&"%#%&.&%"7-1("6+&')1;,'&01$1-1%3&(-&"(7%%"0&)1@& #1".2*%"6+&2%&#.51"%#+&-15%%&'"?(-%#(&0(&)1@&(%&".1'&;,.@-(5+:(/.-16%(3&G15('&!"?(,%-.,&.&)*10%'F+&
-(?%-(&5'*(,%(%&*'"?%@%-(3&)1@&%"7-1("6'&0%)*,1#*%/+&'&).',(-1%8&I)(5("('&#.,;1-1%&);%,%*1'-&2%&*,1;1-&)(& #."*,'0%#*.,%1&'"%&2%&'"%8&G'&0%)#16%'&!"?(,%-.,&"1&;.*&')%)*'&'-*(&01$1,%3&0(.',(#(&7,(#/("6'&1"0(-.,&
$,+"(2*(&".';*('3&0%"&#(('&#(&'&#.")15'*&2%&')%5%-'*&F%1'8 0(&?4"0%,(&'&!"?(,%-.,&()*(&)1;(,%.',+&#(-(%&'&01$1,%-.,&'-@(&2%&'#(2*%'&":',&!"6(-(?(&"%5%#3&)'1&5'%&
C%"*,:1"&'"15%*&;1"#*&0(&/(0(,(&2%&).',(-(&!"*,(6%"(& /%'6'&;(&;+54"*8&!"*,:'0(/+,3&0'#+& F%1'& (L'#*&"1&',&'1F%&"%5%#8&C1$1,%-(&'-@(&',&'/('&)("*%5("*1-&#+&!"?(,%%&0%)#1*+3&0',&"1&/.,&;(,#(;(&"%#%&
).',(-(&'01#(&5.',*(3&".';*('&,'F(-(&)'-(&'#151-'*(&#."*,%@1%(&-'&/%'6'&#(-1-(-.,8 .&1"0+:?4"08
K;%,%*1-&()*(&1"%*',3&;("*,1&#+&(-&)(&)(,/(2*(&;("*,1&!"*,(6%"(,('&)'&"15'%&0(&,'F(-(&#.)5%#(&0%"& H4"0&;,.@-(5'&0(&;1)&!"&'#6%1"(&'&7.)*&;(&0(;-%"&!"6(-(')+&2%&?+)%*(&5%=-.'#(-(&0(&';-%#',(3&
K7(,':U'5',8&H.,;1-&/%*'-&()*(&1"&01'-%)*3&0(.',(#(&)(&$,+"(2*(&2%&#1&,'F(&).-',(&2%&#1&#(-(&/("%*(&0%"& !"?(,%%&'01"+&);%,%*(-(&'-@(&!"&G1"+3&7+#4"01:-(&#1".)#1*+&2%&-.,&".1'&(*';+&(/.-1*%/+3&#(&*,(@1%(&
U'5',8 &W%1'3&#.,;1-&/%*'-&'@).',@(&,'F(&).-',(3&;(&#',(3&".';*('3&-(&#.5@%"+&#1&,'F(-(&#.)5%#(& ;1)+e&!"&;,'#*%#+&!"&-15('&*,1;(')#+8
5'5',(&2%&')*7(-&)(&!"*,(6%"(&/%'6'&#(-1-(-.,&)'-(&/%*'-(8&!"&7%"(3&*,1;1-&()*(&*,%"%*',3&7%%"0&$,+"%*&#1&*,(%& !"&-15('&);'6%'-+&(L%)*+&.&,(?1-+A&?(&'15(&1"&51$&,231&()*(&'1M%*&3%&5(&)14(,%2,%%&)+%&:&'8A'3*,%/&
(-(5("*(8 & G'& 5("6%"(,('&("(,?%(% & *,1;1-1%3 &#."#1,+& *,(%&7.,6(A&;+54"*1- &: &#1& #.5;."("*(-( &)'-(3& '8A%&3%&!"-(,%/&5',&#(('&#(&'15(&1"&!"-(,&"1&'15(&51$18&'8A&3%&)1A'8*(,"%%&)+%9
).',(-(&:&#1&,'F(-(&)'-(&2%&K7(,'&0%/%"+&:&#1&,'F(-(&#.)5%#(&5'5',(8 9,%"&1,5',(3&);'6%%-(&1"%/(,)1-1%&".)*,1&,+)1"+&0(&#."/.,@%,('&N1/(,"'*.,%-.,&).-',%3&0(&?-')1-&
I2'0',&.51-(3&*,(@1%(&)+&#.")15%&'-%5("*(3&#'&)+&'%&7.,6+&;-'"(*',+&!"&*%"(8&P,(@1%(&)+&*(&5%2*%&)1@& !"?(,%-.,& ).-',%& 0(&;,(*1*%"0("%3& )'1 &0(& .,0%"(-(& !"?(,%-., & ;-'"(*',%3& 0'*(& 01$1,%-., & 15'"(& 0( & ;(&
).',(3&#'&)+&'#151-(F%&,'F(-(&)'-(3&#',(&/.,&,('#6%."'&-'&".';*(&')1;,'&,'F(-.,&#.)5%#(8&J1&5+"4"#%&:& 5%-%',0(-( & 0( & ;-'"(*(8 &I#()*( & 1"0(:?4"01,% & *,(# & ;( & -4"?+ & 1,(#$%-( & ;+54"*("%-.,3 & 0', & *,1;1- & -.,&
5.,%8&J1&*(&/(0(&).',(-(&:&*,1;1-&6%&)(&,(01#(8&J1&0.,5%&".';*('&:&!"&#1,4"0&/(%&51,%8&C'#+&"1&0.,5%& "(;1*4"0&;,%"0(&1"0(-(&/%@,'*.,%%&!"'-*(3&"1&'1&"%#%&.&#1".2*%"6+&0(&(-(8
".';*('3&5%%&0(&?-.@1-(&,.2%%&0%"&)4"?(-(&*+1&/.,&51,%3&0(.',(#(&"1&',(&-.#&,('#6%'&;,.01)+&;,%"& c(?1-'&?("(,'-+&()*(A &?(8 &7%#& "1 &'15(& "%#%25'*+ &4(& )14(,%2,%%&)+%9 & >1$18& %";(,%2, & !".(8(-( &
#.5@%"',('&,'F(-.,&#.)5%#(&#1&,'F(-(&).-',(&'#151-'*(&!"&*%5;1-&F%-(%8&I)*7(-&,'F'&).-',+&%"*,'*+&!"& "17'%&#E"5&)14(,%2,18&#2A2',+&1"5'&-E"5%,%%&)'8(&8'&0%A,'.%'&#2,4181%&51$181%&%";(,%2,9
*%5;1-&F%-(%&!"&?-.@1-'&,.2%(3&"1&!"*4-"(2*(&("(,?%'&#.)5%#+3&2%&,+54"4"0&)%"?1,+3&0%)*,1?(&?-.@1-'& K+&;,()1;1"(5&#+&01$1,%-(&'-@(&',&7%&!"&;1*%"6+&)+&'10+&1"0':?4"0%,(&'&!"?(,%-.,8&S/.-16%'&'-@%-.,&
,.2%(8 "1&-(:',&;(,5%*(&)+&!"6(-('?+&;,.@-(5':.,0%"&0'*+8
?271"%#+,%&5%"&?(, WU[
WUZ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&a&F&521'&#',*(
R"*1%6%'
K+&0'1&1"&(L(5;-18&T"&;,.7().,&)(&01#(&-'&6',+&)+&;,(0('&'-?(@,'&1".,&.'5("%&#',(&"1&2*%1&#',*(&2%&
';.%&;-('#+8&H(&'1&!"6(-()&'#(%&.'5("%D&J%5%#8&I#(-'2%&-1#,1&):',&;(*,(#(&0'#+&1"&!"?(,&',&0'&
01$1,%-.,&'-@(&.,0%"1-3&".1'&;,.@-(5+&0(&(/.-16%(3&'2'&#15&'&).)%*&('Q&(%&":',&;,%#(;(&"%5%#8&a,0%"1-& <&.'*(&'0(/+,1,%-(&#1".)#1*(&0(&/.%&;4"+&'#153&-(:'6%&'7-'*&0(&-'&".%8&C(&51-*(&.,%3&;,%"&#.5;',',('&
*,(@1%(&*,'01)3&#.@.,4*&-'&!"6(-(?(,('&01$1,%-.,&'-@(3&;4"+&-'&?,'01-&(/.-16%(%&-.,8&I%#%3&)(&#1/%"(&.& #(-.,&2*%1*(3&;,%"&%"01#6%(&2%&0(01#6%(3&;,%"&;1*(,('&%"*1%.%(%/&01$1-&'=1"?(&)+&0()#.;(,(&1"&'0(/+,8
;','"*(F+A&;,(0',('&!"/+6+*1,%%&=.)3&;(&;+54"*3&0(&#+*,(&0')#+-%%&/.2*,%3&()*(&;(&*,(';*'&#('&5'%&0(&=.)& C',&#(&()*(&%"*1%6%'D&="*1%.%'&()*(&41*(,('&27181%&5(&'&-$%#%&'5(0+,18/&4,%"&5'*(8(&#1"2)#1*(&5(&
-'&2#.'-'&;,%5',+8&S)*(&#(/'&5'%&,%0%#'*+&!"&-%#(1&2%&#1&51-*&5'%&!"'-*+&!"&1"%/(,)%*'*(8&P,(@1%(&)+&2*%6%& 51$18&)+1/&3%&)#2')(&8'&%0('8+&4,%"&,'.%2"'7("*&3%&4(&#'8('&'"'82-%(%9
#+&'-+*1,%&0(&#(%&dq:\q&0(&(-(/%&0%"&#-')'&;,%5',+&)'1&)(#1"0',+3&)*'1&#%1#1,%&5%%&2%&5%%&0(&01$1,%& C%"&'0(/+,1,%-(&'7-'*(&0(&-'&!"?(,%%&".2*,%3&2%&#',(&F'#&!"&'04"#1-&".)*,13&2*%5&#+&!"&1"%/(,)&(L%)*+&
,.2%%3&#',(&#'1*+&)+&'10%(F(&2%&)+&5(5.,(F(&!"/+6+*1,'&0'*+&01$1,%-.,&!"*,1;'*(3&#1".2*%"6(&;(&#',(&"1& ;'*,1&7(-1,%&0(&;-'"(*(A&<8&;-'"(*(&).-%0(3&5%"(,'-(&:&#'&2%&;+54"*1-&/.)*,1Q&V8&;-'"(*(&5.%3&-%#$%0(&:&
'1&'/1*&;4"+&'*1"#%&.#'F%'&)+&-(&!"/(6(8&9(&-4"?+&(-(/%%&*,1;(2*%3&/+F16%&0(&/.%3&')#1-*+&.&;1F0(,%(&0(& #'&2%&#',"('&)'1&?(-'*%"'&/.')*,+Q&X8&;-'"(*(&'(,%("(3&?'F.')(&:&'/4"0&;(&)1;,'7'6'&-.,&;-'"*(3&'"%5'-(&
01$1,%:(-(/%&"(/+F16%8&H(&0(&01$1,%&'-@')*,(&'10%'F+&#1,)1,%-(&1"%/(,)%*',(3&%',&-'&#."7(,%"6(-(&5',%-.,& 2%&.'5("%&#1&*,1;&0(&"'*1,+&?'F.')+Q&d8&;-'"(*(&#1&.&#.")%)*("6+&(*(,%#+&)'1&7-1%0%#+8
)'/'"6%&'%&;+54"*1-1%&')%)*+&5%%&2%&5%%&0(&);%,%*(&'-@(3&"1&#'&)+&!"/(6(3&#%&)+&#."*,.-(F(&#1".2*%"6(-(& o%(#',(&7(-&0(&;-'"(*+&#.")*%*1%(&;("*,1&/%(61%*.',(-(&#(&*,+%()#&;(&)1;,'7'6'&(%&1"&5(0%1&0(&
'#()*.,&)'/'"6%&:&01$1,%&'-@(&!"*,1;'*(8&I#15&!"#$(%&;','"*(F'8&T"'&'1F%5&".%&;(&G1"+3&'-*'&'1F%6%&/.%& #1-*1,+&#."7.,5&-(?%%A &`%(#',(&48'"(*+&!3%&0'&'0('&0%(.1%*2',(8(&(%/&5(&'#(('3%&*+,%(&3%&;+#1*(&5%" &
;(&;+54"*8&a3&#(&!"*1"(#'*&()*(&@%(*1-&".)*,1&7,'*(3&#4"0&!5@,'#+&$'%"'&0(&-1*M 7'*(,%'&48'"(*(%&4(&#',(&*,+%()#9
>%&%',+2%&,(;(*8&H4"0&1"&);%,%*&)1;(,%.,&)(&'7-+&!"&;,('=5'&1"1%&);%,%*&%"7(,%.,3&'#()*'&"1&/(0(&2%&"1& I2'&7%%"03&0(01#(5&:&2%&!"?(,%%&".2*,%&"(:'1&#."7%,5'*&:&#+&!"&1"%/(,)&(L%)*+&;'*,1&7(-1,%&0(&
'10(&?-')1-&?4"0%,%%&);%,%*1-1%&)1;(,%.,8&J1:<&)%5*(&0(-.#3&#$%',&0(&-:',&'*%"?(3&"1:<&/(0(&2%&"1:<& 15'"%*+6%3&#.,();1"F+*.',(&#(-.,&;'*,1&7(-1,%&0(&5(0%%&0(&#1-*1,+3&)'1&0(&;-'"(*(A
'10(3&;("*,1&#+&/%@,'6%%-(&);%,%*1-1%&)1;(,%.,&"1&;.*&7%&;,%5%*(&2%&!"6(-()(&0(&#(-&%"7(,%.,8&J15'%&0'#+& <817'"%*'*(&)28%5+ &:&#15&)1"*(6%&/.%3&).#.*%6%&).-%F%&01;+&;,(F("6'&.')(-.,&/.')*,(&7.,5'*(&0%"&
);%,%*1-&)1;(,%.,&/,('&)+&)(&7'#+&/+F1*3&'1F%*&2%&)%56%*3&#.@.,4"0&7,(#/("6'3&"15+,1-&/%@,'6%%-.,&)'-(& )1@)*'"6(&5%"(,'-(&).-%0(Q
;4"+&-'&?,'01-&#(-1%&%"7(,%.,3&/%@,'6%%-(&-.,&7%%"0&(?'-'*(3&01$1-&%"7(,%.,&!-&/'&/(0('3&'1F%&2%&)%56%&;(&#(-& V817'"%*'*(&8%#$%5+&6&7.,5'*+&0%"&)1@)*'"6(&;-'"(*',(&5.%&#'&2%&#',"('&1"(%&,45(Q
)1;(,%.,8&I2'0',&*,(#&);%,%*(&;(&-4"?+&);%,%*(&2%&"1&)(&/+08&C1$1-&,.21&"1&/'&/(0('&"%#%.0'*+&;(&#(-& X817'"%*'*(&-'M2')+&)'1&'(,%'"+&:&'/4"0&*,1;1-&0(&#.")%)*("6'&7151-1%&#(&%()(&;(&#.21-&/.)*,1Q
'-@')*,18&C1$1-&'-@')*,1&"1&/'&/(0('&("*%*+6%-(&);%,%*1'-(&'-@(3&%',&'#()*('3&-'&,4"01-&-.,3&"1&/.,&2*%&0(& d817'"%*'*(&;81%5%#+ &:&#1&1"&#.,;&7.,5'*&0%"&(*(,3&')(5+"+*.,&01$1-1%&0(&#1,4"0&0()*,1;'*3&0(&
;,(F("6'&1"1%&!"?(,8&>%&'2'&5'%&0(;',*(8 '%#%3&0(&;(&9+54"*3&0',&@%"(!"6(-()3&0(&.&0(")%*'*(&#(/'&5'%&5',(&0(#4*&#.,;1-&5(1&;-'"(*',3&#',(&
9(&'#(-'2%&;,%"#%;%1&:&P'*+-&#(,()#3&o%%"6'&)1;,(5+&"1&/'&7%&/+F1*&0(&"%#%&1"&);%,%*8&J15'%&#4"0&S-& (&*.*&1"&(*(,3&0',&#1&51-*&5'%&,',(7%'*8
/,('&;.'*(&7%&'1F%*&2%&)%56%*&0(&)*,+-1#%*(-(&o.,6(&0%/%"(3&'7-'*(&!"&)-1=@'&K'3&!"&=1,1-&K+18 a,%#',(&',&7%&#.")%)*("6'&1"1%&.53&0(&;(&.,%#',(&0%"*,(&'#()*(&;'*,1&7(-1,%&0(&;-'"(*(3&(-&*,(@1%(&)+&
H4*&0(&7%"&(&01$1-&);'6%'-&7'6+&0(&.51-&*,1;()#M&H4"0&/.,@(2*(&1"&!"*,1;'*3&01$1-&,.21&0(&-4"?+&(-& -1#,(F(&#(/'3&)+&"1&)*('3&);%,%*1-&-1%&)+&7%(&5(,(1&;,(.#1;'*3&;("*,1&#+&0%"&'#*%/%*'*(&0(#1,?(&'*("6%'&2%&
);1"(A&Ba3&#(&*',(&/.,@(2*(&.51-&+)*'ME&C1$1-&'-@')*,1&#.5;',+&/.,@%,('&!"*,1;'*1-1%&#1&)*,%?+*1-3&%',& .@)(,/'6%'8&C%"&(-(&01$1-&/'&0(01#(&!"/+6+5%"*(&2%&)(&'-(?(&-'&#';+*1-&1"(%&)(,%%&0(&/%(61%,%&#1&.&
;("*,1&01$1-&'-@3&/.,@%,('&!"*,1;'*1-1%&;',(&.&'0(/+,'*+&0(*1"+*1,+&0(&;12#+8&H(&)+&5'%&/.,@%5&0(& )15+&5',(&0(&#1".2*%"6(&#(&/.,&5+,%&#';%*'-1-3&'01"'*&!"&)(,%'&"()74,2%*+&'&)(#.-(-.,8
%5;,()%'&7+#1*+&0(&/.,@%,('&15'"+&')1;,'&1"1%&!"?(,M&S)*(&%")1;.,*'@%-+3&#.,;1-&0%'7'"&'-&!"?(,1-1%& J%5%#&"1&)*+&;(&-.#&!"&-15(8&P.*1-&)(&5%2#+3&*.*1-&()*(&!"&'#*%/%*'*(3&01;+&#',(&1,5('F+&1"&
)17(,%"0&0(&?,.).-+"%'&/%@,'6%%-.,&/.,@%,%%&15'"(8&R'*+&0(&#(&);%,%*(-(&)1;(,%.',(&)(&!"0(;+,*('F+&0(& ;,.?,()3&.&')#(")%1"(=;(&)#','&#1".'2*(,%%&2%&5'%&';.%&'&;1*(,%%8&c(;'1)3&2(0(,(3&.;,%,(&"1&(L%)*+&
F?.5.*1-&%"7(,"'-&0(&-'&)1;,'7'6'&;+54"*1-1%8 "%#+%(,%&2%&"%#%.0'*+8&!"&-15('&7-1%0%#+&"1&(L%)*+&0(#4*&51"#+&2%&/%'6+&/(2"%#+8&I#(-'2%&-1#,1&!"&-15%-(&
H.@.,4,(' & ("*%*+6%-., & )1;(,%.',( & !" & )7(,(-( & ,.2%% & 0(& -' & )1;,'7'6' & ;+54"*1-1% & ()*( & 1" & '0(/+,'*& ?'F.')(8&!"&-15%-(&-%#$%0(&(L%)*+&.&'#*%/%*'*(&5'%&,(01)+3&0',&"1&(L%)*+&5.',*(8&J15'%&!"&-15%-(&
#'-/',3 &1"&5',(&)'#,%7%#%13&-'&#',(&)(&)1;1"&0%"&0,'?.)*(3&;("*,1&':2%&'=1*' &7,'6%%&!"&(L%)*("6'&-.,& ).-%0(&(L%)*+&7(".5("1-&5.,6%%&2%&,(;'1)1-&';',("*&'-&*,1;1-1%&:&).5"1-8
;+54"*(')#+8 C'#+ & #%"(/' & ', & !"*,(@' & 1" & 01$A & BH%"( & *(:' & 7+#1*DE3 & (- & /' & ,+);1"0(A & BP'*+- & 5(1 & 0%" & H("*,1-&
!"?(,%%&"1&'10&*.'*(&.,0%"(-(&#("*,'-(3&0(&;(&*.'*(&;-'"(*(-(&)'1&)*(-(-(8&SL%)*+&.&?'5+&-1"?+&0(& #,('6%%-.,&5:'&(5'"'*8&J1:5%&5'%&'5%"*()#&'-*#(/'3&0(#%&"1&;.*&',?15("*'&2%&5'%&#1&)('5+&"1&;.*&
/%@,'6%%:.,0%"8&S%&/.,&'1F%&"15'%&/%@,'6%%-(:.,0%"&,(7(,%*.',(&-'&;-'"(*'3&).',(-(&)'1&1"%/(,)1-&-.,8&!"& '01#(&0./(F%3&0',&"1:G&;.*&"(?'8&c'6%1"('&#',(&71"#6%."('F+&!"&5%"(&!5%&,(/(-('F+&#+&)1"*&7%1&0(&
;,%51-&,4"03&.,0%"(-(&)1"*&'1F%*(&0(&N1/(,"'*.,%%&).-',%&)'1&K*+;4"%%&)%)*(5(-.,8&H15&).,%%&)1"*&0(& C15"(F(13&0',&"1&)1"*&C15"(F(18&[+0&#(&(L%)*+&!"&=1,1-&5(1&2%:5%&0'1&)('5'&#+&71"#6%."(F&2%&
0%7(,%*(&?,'0(&0(&(/.-16%(3&)(&!"6(-(?(&#+&'"15%*(&.,0%"(&/.,&7%&,(#(;6%."'*(&0(&N1/(,"'*.,%%&0(&;(& =10(#8&H.")*'*&#+&01$1-&!"*,1;'*&!"*,:1"&'"%5'-&',(&%"*(-%?("6+&2%&;.)(0+&1"&7,'?5("*&0(&,'6%1"(3&0',&
'"15%6%&).,%8 "1&',(&%"*1%6%'&5('&0(&.53&"1&()*(&#'&5%"(8&C1$1-&'"%5'-&()*(&*.*&.&(5'"'6%(&0%/%"+3&0',&()*(&1"&.5&
N1/(,"'*.,1-&)%)*(51-1%&,();(#*%/&/'&-1'&#1".2*%"6+&2%&/'&!"6(-(?(&;(,7(#*&)(")1-&.,0%"1-1%8&I;.%3& %"#.5;-(*8&C1$1-&/(?(*'-&;.)(0+&#'&2%&5%"(&%"*(-%?("6+3&0',&"1&',(&"%#%&%"*1%6%(3&"%#%&,'6%1"(8E
S-&!-&/'&7'#(&#1".)#1*&!"?(,%-.,&).-',%&0(&)1@&S-3&2%&N1/(,"'*.,1-1%&;-'"(*(%&-'&#',(&)(&,(7(,+&'#('& R"&,(F15'*A&01$1-&5%"(,'-&0.,5%*('F+3&01$1-&/(?(*'-&',(&%"*(-%?("6+3&01$1-&'"%5'-&',(&%"*(-%?("6+&
;,.@-(5+:(/.-16%(8&N1/(,"'*.,1-&;-'"(*',&!-&'01#(&-'&#1".2*%"6'&)1@'-*(,"%-.,3&'&!"?(,%-.,&;-'"(*',%&2%& 2%&;16%"+&,'6%1"(3&%',&.51-&',(&%"*(-%?("6+3&,'6%1"(&2%&%"*1%6%(8
"15'%&01;+&'7-',('&!"6(-()1-1%&)+13&.,0%"1-&/'&7%&#.51"%#'*&);%,%*(-.,&'-@(&'-(&'#(-(%&;-'"(*(3&;("*,1&'& K;1"('5&#+&o%%%&0%/%"%&"(:'1&,(01)&0%"&7'#1-*+6%-(&5(5.,%(%&".')*,(&0%/%"(3&0',&"1&"(:'1&-1'*:.&
7%&;1)&!"&;,'#*%#+3&;(&);%"',('&01$1,%-.,&'-@')*,(&2%&,.2%%&0%"&H(,&2%&0(&;(&;+54"*8 #1&*.*1-8&H1".2*%"6(-(&2%&5(5.,%'&"(:'1&7.)*&!"*1"(#'*(3&0',&5(5.,%'3&#'&7'#1-*'*(3&"(:'&7.)*&-+)'*+3&2%&
C1;+ & 5%% & 2% & 5%% & 0( & '"%3 & '#()* & .,0%":;,.@-(5+ & 0( & (/.-16%( & )( & )#$%5@+ & #1 & '-*1-8 & K#$%5@',('& #1&'=1*.,1-&(%&/.5&!"/+6'&!"&/(2"%#%(8&9,%"&5%"',(3&".%3&01$1,%-(3&;.)(0+5 &%"*(8%-("*+/&02%".+ &2%&
.,0%"1-1%:(/.-16%(&()*(&!"&,';.,*&#1&;,.?,()1-&5'*(,%(%&#(&#.5;1"(&;-'"(*'&)'1&).',(-(&,();(#*%/8& 7(72,%(9&H1&'=1*.,1-&'#()*.,&7'#1-*+6%&*,(@1%(&)+&-1#,+53&)+&#."01#(5&2%&)+&?1/(,"+53&!"&/%%*.,3&*.*&
K#$%5@',('&5'*(,%(%&;-'"(*',(&2%&).-',(&()*(&!"&71"#6%(&0(&;1,%*'*('&2%&(/.-16%'&7-1%01-1%&#(&!").6(2*(& #(&/'&/("%&0%"&%"7%"%*8
.,0%"1-:(/.-16%(8 R"7%"%*1-&()*(&%"'#*%/3&".%&*,(@1%(&)+:<&'#*%/+58&C%/%"%*'*('&":'&#1;,%")&*.*&%"7%"%*1-8&K:'&0%-'*'*&2%&
H%"(&'&#."*,%@1%*&-'&;,()#$%5@',(&!"&5'%&7%"&'&'#()*.,&7-1%0(D&P'*+-&#("*,'-&:&;,%"&#1,("*1-&K+1& #,()#1*&!"*,:1"'3&0',&"1&'&;1*1*&#1;,%"0(&0(#4*&.&5%#+&;',*(&0%"&%"7%"%*8&c+54"(&#'&".%3&;+,6%&0%"&S-3&
(-(#*,.:5'?"(*%#3&2%&o%1-&K+13&N1/(,"'*.,1-&).-',&:&;,%"&,'F(-(&?-.@1-1%&K+1&).-',8 )+&"(&)*,+01%5&2%&#1&;1*(,('&".')*,+&)+&-1#,+5&')1;,'&5'*(,%(%&0%"&%"7%"%*3&;("*,1&'&.&;,(?+*%8&R'*+&
o-1%0(-(&1"(%&;-'"(*(&(/.-1('F+&0(&-'&,.21&-'&'-@')*,13&2%&0(&-'&'-@')*,1&-'&'-@8&9-'"(*'&".')*,+&',(& ;("*,1&#(&P'*+-&'@).',@(&5(,(1&;',*%#1-(&0%"&%"7%"%*3&2%&-(&(5%*(&#'&)+&15;-(&#,('6%%-(&K'-(&#1&?-.@1,%&
5.5("*'" & *.'*( & #(-( & *,(% & #'*(?.,%% & 0( & 7-1%0(8 & SL%)*+ & ;-'"(*( & #',( & '1 & 1" & 7-1%0 & #("12%13 & %"7(,%.,& #(,(2*%&2%&7%%"6(&0(&*.*&7(-1-8
7-1%01-1%&,.21&'-&".)*,13&0',&)1"*&'-*(-(&#1&1"&7-1%0&/%.-(*3&*,'"0'7%,%13&/(,0(&(*#3&)1;(,%.,&'-@1-1%& P.'*(&;1,#(0&0%"&P'*+-8&H."0%6%'&0(&/%'6+&'&#.,;1-1%&0%/%"&"1&()*(&%0("*%#+&#1&#."0%6%'&0(&/%'6+&
".)*,18 0%"&%"7%"%*8&H.,;1-&0%/%"&*,+%(2*(&!"&5%=-.#1-&#.,;1-1%&U'5',3&%',&U'5',1-&()*(&)#+-0'*&-'&;(,%7(,%'&K'&
9(&5+)1,'&(/.-16%(%&7-1%01-1%&'*5.)7(,(%&K.',(-1%&".)*,13&/.,&7%&'1F%*(&.,0%"(&*.*&5'%&!"'-*(&0(&#(%& 0(&5'*(,%'&/("%*+&0%"&%"7%"%*8
0(&'#.-.8&H4"0&7-1%01-&9+54"*1-1%&)(&/'&;1,%7%#'&2%&5'%&51-*3&.'5("%%&*,1;(2*%&/.,&'1F%&?-')1-&".)*,13& C'#+&;',*%#1-'&(5'"'*+&0%"&C%/%"&()*(&#.,;&0%"&#.,;1-&K+13&C%/%"1-&7%%"0&;(,7(#*3&(5%)1-&()*(&2%&
"(&/.,&/(0('&2%&)%56%3&#';*4"0&#1&*.6%%&/%@,'6%%-(&".')*,(8 (-&0%/%"&;(,7(#*8&9',*%#1-'&0%/%"+&/("%"0&!"&-15(&',&'/('&;1*(,%&0(;-%"(&:&#'&P'*+-3&0(&1"0(&'&(5'"'*&:&
G'&'"15%*(&(;.#%3&"15'%&!"&5.0&(L#(;6%."'-&2%&;("*,1&'"15%*(&%"*(,()(&#(,(2*%3&7-1%01-&7%"&'-& 0',&;("*,1&#'&"1&#15/'&)+&)*,%#(&',5."%'3&.,0%"('&0%/%"+&0%"&)7(,'&#,('6%%-.,3&%&):'1&,(01)&;1*(,%-(8&
;-'"(*(%&".')*,(&2%&5'%&'-()&#(-&).-',&)(&;.*&#.5@%"'&#1&7-1%01-&#.,;1-1%&/.)*,1&/%*'-3&7+#4"01:/+& C'#+&',&7%&,+5')&(?'-+&#1&C%/%"%*'*('3&;',*%#1-'&0%/%"+&):',&7%&#,(F1*&1"&'-&0.%-('&C%/%"3&2%&'*1"#%&!"&
5(0%15%&/+F+*.,%&)'1&'10%*%/%8 1"%/(,)&',&7%&(L%)*'*&0.%&C%/%"%8&a,3&#15&P'*+-&(5'"+&;1F0(,%%&0(&5%-%',0(&0(&;',*%#1-(:01$1,%3
WU\ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"&?(, WUT

',&(L%)*'&5%-%',0(&0(&#';%&0%/%"%&!"&1"%/(,)3&#',(&"(5'%7%%"0&)1;12%&1"(%&)%"?1,(&/.%"6(3&%5(0%'*&):',& H4*(.0'*+&,%0%#+5&2%&".%&.&.@%(#6%(8&!"?(,1-&"1&)(&)1;+,+3&#%&"(&,+);1"0(&@-'=%"A&Bo%1-(3&0'#+&
7%&0(F.,?'"%F'*&*.*1-8 '#15&5:'%&!"*,(@'*&0();,(&'#()*&)1@%(#*3&()*(&;("*,1&#+&'%&'=1")&-'&?,'01-&#4"0&%"*1%6%'&6%:'&;(,5%)&)+&
C%/%"1-&#("*,'-&#."01#(3&0',&"1:2%&%5;1"(&[.%"6'8&S-&'&7+#1*&-(?('&2%&';.%&'&-+)'*&-%@(,&',@%*,1& )(&"')#+&!"&?4"0%,('&*'&.&')(5("('&!"*,(@',(8&!"#+&"1&(2*%&!"&,';.,*&0%,(#*&#1&%;.*(F'&(5%)+&0(&5%"(&
;',*%#1-(-.,&(5'"'*(&0%"&S-8&K-1=%*.,%%&K+%&'1&?,%=+&#'&-(?('&)+&"1&7%(&!"#+-#'*+8&R'*+&;,%"*,(&'-*(&5.*%/(& ;("*,1&#+&"1&;.)(F%&(/.-16%'&"(#()',+&#1;,%"0(,%%&%0(%-.,&5(-(8&c+@0',(3&#+#%&2%&(1&'5&'/1*&,+@0',(&
;("*,1&#(&;',*%#1-'&0%/%"+3&!"*,1&*.*1-&-'&7(-&#1&P'*+-3&'&7.)*&0(;(,7(#*'*+3&-+)4"01:%:)(&"15'%&'*,%@1*1-& ;4"+&'5&'=1")&-'&#."#-1F%'&'7%,5'*+8&9,%/(2*(&-'&01$1,%-(&,.2%%&'-(&9+54"*1-1%3&#',(3&'1F%"0&0(&'#()*(&
"15%*&%"*1%6%(8&9,.#(04"01:)(&')*7(-3&;',*%#1-'&0%/%"+3&01$1-&"1:2%&/'&5'%&'5%"*%&.,%?%"('&?-.,%.')+A& !"'-*(&#1".2*%"6(3&/.,&);1"(A&lH(&"(&%"*(,()('F+&;(&".%&0(&'#()*(&%0(%D&S-(&"1&)1"*&0(&"%#%&1"&7.-.)8&
#+&()*(&.&;',*(&0%"&H,('*.,8&R&):'&-+)'*&0.',&.&'5%"*%,(&/'?+3&.&%"*1%6%(3&#',(&!-&7'#(&)+&"1:2%&1%*(&#1& [.,@%6%:"(&5'%&@%"(&#15&)(&/'&;1*('&/%"0(#'&-(;,'8&H+1*'6%&)+&'7-'6%&#15&)(&;.'*(&*+5+01%&#'"#(,1-3&
*.*1-&P'*+-3&)+&"1:G&"(?(&;(&H(-&#(&<:'&"+)#1*8 #'&)+&7%5&5'%&7(,%#%6%&#4"0&"(&/.5&-1'&%',&1"&*,1;8&I#()*('&"(&%"*(,()('F+&;(&".%8&H(&)+&7'#(5&#1&
C',3&!"&'7',+&0(&7'#1-*'*('&%"*1%6%(%3&01$1-&5'%&',(&2%&7'#1-*'*('&0(&'&,'.%2"'9&9',*%#1-(%&0%/%"(&"1&%& %0(%-(&015"('/.')*,+&'@)*,'#*(D&C'#+&015"('/.')*,+&/+&;-'#&')(5("('&;,.@-(5(3&;("*,1&#+&/%&):'&
):'&(L*,')&0(#4*&/')*'&)'&5(5.,%(&0%/%"+8&I#153&01;+&#(&;',*%#1-(%&0%/%"(&%&):'&,%0%#'*&5(5.,%'& '-@%*&;%(-('&0(&'-@%&#(&)1"*(6%3&#1-.',('&".')*,+&,.2%(&#(,(&)+&2*%5&#4*&5'%&51-*&0();,(&)4"?(-(&,.21&'-&
0%/%"+3&()*(&*,%5%)+&)+&-1#,(F(3&7+,+&"%#%&1"&;(,%#.-3&!"&-15%-(&#,('*(8&S'&/'&-1#,'&;(&@'F'&7'#1-*+6%%& /%%*.,1-1% & ".)*,1 & *,1;8 & S- & 5%:( & 0,'? & 2% & ;,.01#+*., & 0( & )+"+*'*( & 2% & 01-#% & )("F'6%% & .5("(2*%8&
)'-(&0(&'&,'6%."'3&#."#("*,4"01:2%&,'6%."'5("*(-(&')1;,'&'#*%/%*+6%%&)'-(8&9',*%#1-'&0%/%"+&/'&F%#(A&BS1& C15"('/.')*,+3&0,'?%%&".2*,%&'-@%3&'6%&1%*'*&0(&@%"(7'#(,%-(&*,1;1-1%&/.)*,1&15'"&2%&'#15&?4"01-&
"1&)1"*&C15"(F(13&0',&(L%)*+&1"&C15"(F(18&S1&"1&)1"*&C15"(F(13&0',&C15"(F(1&()*(&#'&5%"(8&S1& /.)*,1&)(&!"0,(';*+&);,(&)7(,(&!"'-*(&2%&/%'6'&".%-.,&;-'"(*(3&1"0(&/(6%&*,+%8&N4"01-&/.)*,1&F@.',+&*.*&
)1"*&7+#1*&0(&C15"(F(1&01;+&#$%;1-&2%&')(5+"',('&K'&2%&71"#6%."(F&-'&7(-&#1&S-E8 );,(&C%/%"1-&#("*,'-3&0(;',*(&0(&'%#%&"1&2*%1&#4*(&5%-%',0(&0(&5%-%',0(&0(&]%-.5(*,%8&K+&/+&'=1*(&
P'*+-&#(,()#&()*(&.&1"%*'*(3&0',&1"%*'*('&G1%&()*(&#.5;1)+&0%"*,:.&%"7%"%*'*(&0(&;',*%#1-(&.5.?("(& C15"(F(1&)+&/+&/(0(6%&/%)1,%-(&!5;-%"%*(&#4*&5'%&#1,4"03&0',&)+&"1&"(&1%*'6%&"%#%&;(&".%8&I=1*'6%:"(&)+&
2%&;(,7(#*&',5."%#(&!"*,(&(-(3&-1#,4"0&#'&7%%"0&.&)%"?1,+&-E"5%,(/&)%7.%,(&2%&02%".+9&H.,;1-&P'*+-1%&()*(& "(&,%0%#+53&)+&'=1"?(5&#4"0/'&)+&'-@%5&2%&".%&#'&/.%8n&I5%"8E
.&').#%'6%(&51-*%;-+8&>*%1&#+&/+&()*(&?,(1&)+&;,%#(;(6%&#+&P'*+-&()*(&.&1"%*'*(&%5(")+3&#.5;1)+&0%"*,:.&
51-*%*10%"(&%"7%"%*+&0(&(-(5("*(&.5.?("(8&C%"&'#()*(&;',*%#1-(&'-(&G1%&/'&(5%*(3&7.,54"0&#.,;1,%-(&
#(,(2*%&2%&01$1,%-(&0(&;(&(-(8
P.'*(&'#()*(&(-(5("*(&(,'1&)1;1)(&1"(%&)%"?1,(&/.%"6(3&#4"0&(,'1&!"&#.,;1-&P'*+-1%3&2%&)1;1)(&/.,& P,(#(,('&5'*(,%(%&;,%5(&;,%"&)*',('&7-1%0%#+3&?'F.')+3&-%#$%0+&2%&).-%0+
7%&2%&#4"0&/.,&7%&*,%5%)(&'7',+&0%"&#.,;1-&K+18&S-(&/.,&-1#,'&!"&-15(3&!"&/(2"%#%(3&#'&/,+=%*(3&)1;1)(&
1"(%&)%"?1,(&/.%"6(&2%3&!"&'#(-'2%&*%5;3&-1#,4"0&1"%*(&!"&-15%-(&#,('*(3&#15&'1&7.)*&1"%*(&2%&!"&#.,;1-&
P'*+-1%& -.,8&o%(#',(&;',*%#1-+&(5'"'*+&0%"&P'*+-&/'&7%&;,(?+*%*+&0(& 0%/%"%%&K+%&I1L%-%',%3&;("*,1& .& I5&);1)&'-*+0'*+&#+&0'#+&1"&.5&',&;,%/%&;,%"&.#$(-',%&#.-.,'6%3&',&/(0('&#(,1-3&).',(-(3&;-'"*(-(&
'"15%*+&5%)%1"(&!"&-15('&#,('6%%-.,8 (*#8&#'&'/4"0&#1-.',('&-("*%-(%&.#$(-',%-.,&)+%3&0(#%&-(:',&/(0('&'-*7(-&#.-.,'*(&0(#4*&#15&)1"*&(-(&!"&
P'*+-&#."01#(&-15%-(&!"&5.0&0%,(#*&:&;,%"&/.%"6'&K'&#.")*'"*+3&1"%7.,5+3&2%&!"&5.0&%"0%,(#*&:;,%"& ,('-%*'*(8&C%"&#'1F'&*,1;1-1%&/.)*,1&/(0(6%&-1#,1,%-(&#'&2%&#15&'6%&'/('&.#$(-',%&#.-.,'6%3&"1&'2'&#15&
H.;%%%&K+%&)1;(,%.,%3&0(&*.'*(&?,'0(-(3&01$1,%&(5'"'*(&2%&(-(&#4"0/'&0%"&#.,;1-&K+1&0%/%"3&0',&'=1")(& )1"*&(-(&!"&,('-%*'*(8
;,%"&(/.-16%(&-'&5',%&?-.,%%&2%&;1*(,%8&[.%"6'&P'*+-1%3&#',(&6%"(&#'&!"*,:1"&#(,#&0(&7%(,&*.*1-&!"&-15(3&)(& !"&-15(&:(L%)*+&.&)%"?1,+&,('-%*'*(3&.&,('-%*'*(&'&*1*1,.,&,('-%*+6%-.,3 &,('8%*'*('&5%0%"+9 &I#(')*+&
"15(2*(&:(-(9 ,('-%*'*(&"1&.&;(,#(;(&0(#4*&T"%#1-3&1"1-&C15"(F(18&T,5('F+&';.%&'-*(&;'*,1&,('-%*+6%&)'1&)*+,%&'-(&
C1$1,%-(&(5'"'*(&0%"&P'*+-&;-('#+&!"&-15(3&/+03&-1#,('F+3&;,(7'#3&'=1*+&-'&(/.-16%'&5'*(,%(%&2%& 5'*(,%(%A&,('8%*'*('&;81%5%#+/&'(,%'"+/&8%#$%5+&2%&)28%5+&:&;'*,1&5(0%%&0(&#1-*1,+&;,%"&#',(&/'&;(,(?,%"'&
';.%3&-'&1"&*%5;&0(*(,5%"'*3&)(&!"*.,#&!"&K7(,':U'5',&#1&,(F1-*'*1-&.@6%"1*3&#1&(L;(,%("6(-(&#42*%?'*(3& );%,%*1-&15'"8
0%"&#',(&P'*+-&)#.'*(&'"15%*(&#."#-1F%%&#(:%&/.,&)(,/%&!"&".%-(&K'-(&#,('6%%8&P'*+-&!2%&*,%5%*(&#.;%%%&!"& K*+,%-(&'#()*('&)(&*,'")7.,5+&1"(-(&!"&'-*(-(8&G1'*+&!"&;',*(3&7%(#',(&#.")*%*1%(&.&-15(&0(&%-1F%%3&
,(?%1"%-(&1"%/(,)1-1%&1"0(&)(&'7-+&#.,;1,%&#(,(2*%&).-%0(&2%&01;+&5%-%',0(&0(&'"%&)(&!"*.,#&#1&*.6%%&-'&S-8& 0',&*.#5'%&!")12%,('&-.,&"(&0+&.#'F%'&)+&7'#(5&)*10%%&2%&)+&;,.?,()+58&C(&'%#%&,(F1-*+&#+&5(0%1-&0(&
I&0.1'&.',+&!%&*,%5%*(&!"&#.,;1,%-(&;-'"(*',(&'7-'*(&!"&)*',(&-%#$%0+3&1"0(&*,+%()#&5%-%',0(&0(&'"%&2%&';.%& #1-*1,+&'-&1"1%&01$&15'"&()*(&#/'0,1;-18&P.*&#(&)(&/(0(3&*.*&#(&(L%)*+&!"&=1,1-&/.)*,1&2%&!"&);'6%%-(&
%',&)(&!"*.,#8&C%"&".1&!%&*,%5%*(&:&0(&')*+&0'*+&!"&#.,;1,%-(&0(&)*',(&?'F.')+&)'1&'(,%'"+3&1"0(&!"/'6+&.& )%0(,'-(&'&7.)*&7+#1*&#1&.&)1@)*'"6+3&#1&1"&(*(,&(5'"'*&0%"&P'*+-&#,('*.,8&I#()*(%&)1A)*'".(&4,%7(&!%&
".1+&7.,5+&0(&(L%)*("6+3&2%e&'#151-('F+&#1".2*%"6(&2%&-(?%&".%&2%&%',+2%&/%"&)+&,';.,*(F( &,(F1-*'*1-& /.%&0'&"15(-(&0(&4')%0+&)'1&"(-'*%0+/&0(.',(#(&"1&'5&1"&*(,5("&5'%&;.*,%/%*3&#1".)#1*&0(&/.%8
51"#%%&-.,8&I&;'*,'&.',+&P'*+-&!2%&*,%5%*(&#.;%%%&!"&)7(,(&'7-'*(&!"&)*',(&7-1%0%#+3&01;+&#',(&,(/%"&!"& U',%%&2%&)*,+-1#%6%%&I1L%-%',%&0%/%"%&0%"&U'5',&'18&-1#,'*&'#(')*+&(5'"'6%(&)'1&)1@)*'"6+&;,%5+&
)4"1-&K+18 ')*7(-&#'&('&)+&*,('#+&;,%"&;'*,1&)*+,%&:&7-1%0%#+3&?'F.')+3&-%#$%0+&2%&).-%0+&:&#4"0&/'&7%&*,%5%)+&'7',+3&
H1&#4*&#.;%%%&)(&,%0%#+&;(&*,(;*(&5'%&!"'-*(3&'#6%1"('&P'*+-1%&)(&,(01#(8&!"?(,%%&2%&o%%%&0(&C15"(F(1& 0%"&K7(,':G'@.,'*.,&!"&)7(,'&#1&#,('6%%8&c(6%"(6%&@%"(A &"1&(L%)*+&4'*,1&7'*(,%%&5(2)(A%*(/&#%&'#(('3%&
/., & 7% & 0()*%"'6% & )+ & ,+54"+ & !" & -15( & #' & ?1/(,"'*.,% & ' & *.* & #( & )( & /' & #,(' & !" & /%%*.,8 & S% & /., & ,+54"(& 7'*(,%(&*,(#1*+&4,%"&4'*,1&)*+,%9
H.-'@.,'*.,%%&P'*+-1%3&!"&';',("6+&:&(L*(,%.,%&P'*+-1%3&0',&!"&,('-%*'*(&:&%"*(,%.,%&G1%Q&#."*,%@1%"0&-'& C%/%"1-&(5%*(&0%"&)4"1-&K+1&.&5'*(,%(&)'1&(7'"'.%(&4')%0+/&#',(&)(&/'&*,'")7.,5'3&;,%"*,:.&)(,%(&
#1#(,%,('&$'.)1-1%&2%&1,#4"0&2%&#%&5(,(1&)#','&;1*(,%%3&#1".'2*(,%%&2%&(/.-16%(%&"()74,2%*(8 "("15+,'*+&0(&)*+,%&0(&*,'"F%6%(3&;4"+&/'&'=1"?(&-'&)*',('&).-%0+8&C(&-'&'#(')*+&1-*%5+&(*';+3&(/.-16%'&
H4"0&!"?(,%%&'1&'*%")&1-*%5'&*,(';*+&'&(/.-16%(%&'"?(-%#(&/.,&,+54"(&!"&K7(,':U'5',3&1"0(&:7%%"0& 7'*(,%(%&5%0%"(&#(,(&0(F'?,(?',('&2%&,(*,'")7.,5',('&(%&!"&7'*(,%'&4,%7+/&7-1%0%#+3&0%"&#',(&'&;1,#()&
("*%*+6%&51-*&#1".)#+*.',(&'-(&-(?%-.,&P'*+-1%&2%&'&5.01-1%&K+1&0(&-1#,1&:&/.,&0(/("%&H.-'@.,'*.,%&0%/%"%& #4"0/'8
'%&P'*+-1%&-.,3&;("*,1&#,(',('&".%-.,&5'*(,%%&2%&01$1,%8&P.*&#(&/(0(6%&!"&=1,1-&/.)*,13&*.*&#(&/(0(5&2%&".%& I2&/,('&)+&7'#&.&;,(#%F',(&')1;,'&#(-.,&;'*,1&)*+,%&'-(&5'*(,%(%8&K.-%0&()*(&*.*&#(&(&*',(8&G%#$%0&
!" & 5(0%1- & ".)*,1 & (*(,'*3 & )( & 0'*.,(2*( & ;,(;',+,%-., & 2% & *,'")7.,5+,%-., & #."*%"1( & '-( & '#()*., &0%/%"%& ()*(&*.*&#(&(&5.'-(3&7%(&#1,?+*.,&#'&';'3&7%(&?(-'*%".)&#'&;%7*%'&)'1&#',"('&0(&;(&.')(-(&/.')*,(8&9("*,1&
I1L%-%',%&'%&P'*+-1%&#("*,'-3&S-&'/4"0&"(/.%(&0(&o%%%&K+%&!"&.;(,'&K'&?,'"0%.')+8 ".%3&*,1;1-&1"(%&5(01F(&()*(&!"&)*',(&-%#$%0+8&N'F.)&()*(&*.*&#(&*%"0(&)+&)(&!"*%"0+3&)+&)(&,+);4"0(')#+8&
o%1-:U'5',&()*(&';,.';(&(?'-&#1&H';1-3&0',&'#(')*+&(?'-%*'*(&"1:<&*("*('F+&)+&0(/%"+&1"&'-*& U'*(,%'&?'F.')+&()*(&#(/'&0%'7'"&;("*,1&/.%3&0',&;("*,1&".%&()*(&'*4*&0(&#.")%)*("*+3&!"#4*&0(&(L(5;-1&
C15"(F(18&S-&()*(&'*4*&0(&(/.-1'*&2%&#."2*%("*&0(&;(,%#.-1-&!"*,."+,%%&1"(%&')(5("('&#."#(;6%%3&#',(& 0%"&7151-&#(&%()(&;(&#.21-&/.)*,1&".%&;1*(5&7'#(&.&)*'*1%(3&)#1-;*4"0:.&'2'&#15&)#1-;*.,%%&/.2*,%&
',&0%)*,1?(&!"*,:.&#-%;+&!"*,(?1-&(0%7%#%1&#.")*,1%*&0(&P'*+-&!"&5%-%',0(&"()74,2%*(&0(&'"%3&!"#4*&)(&'@6%"(& ;,(-1#,('F+&;%'*,'&)'1&.&@1#'*+&0(&#(',+8&SL%)*+&;-'"(*(&-.#1%*(&0(&*,1;1,%&0%'7'"(3&F%)(&?'F.')(3&#',(&
#$%',&)+&?4"0(')#+&'2'&#(/'8 "1&;.)(0+&0(#4*&*+,%'&7151-1%&/.)*,18&a'5("%%&0(&;(&;-'"(*(-(&#',(&'1&'#(')*+&'&*,(%'&)*',(3&);%,%*(&
15'"(&!"*,1;'*(&!"&*,1;1,%&?'F.')(3&'1&!"&=1,1-&-.,&;-'"*(&2%&'"%5'-(&#1&.&#.")*%*16%(&')(5+"+*.',(&
C%"*,:1"&!"#(;1*&;4"+&'F%&%"7%"%*1-&'&7.)*&#1#(,%*&2%&#."#,(*%F'*&!"&;'*,1&5',%&1"%*+6%&)'1&1"%/(,)1,%8& *,1;1-1%&-.,8
H.,;1-&0%/%"&):'&,+)*%?"%*&!"&%"7%"%*3&;(&.M& #,1#(&7.,5'*+&0%"&;'*,1&)7(,(3&%"7%"%*&0(&5',%3&#(-(&;'*,1& !"&'7',+&0(&'#(')*+&5'*(,%(&;')%/+3&P'*+-&5'%&(5%*(&1-*(,%.,&2%&.&'&0.1'&#'*(?.,%(&0(&;',*%#1-(3&.&
1"%/(,)1,%&1"0(&(/.-1('F+&"(@1-.')(-(&!"&7.,5',(&2%&).,%%&#1&*.*&#.,*(?%1-&-.,8&!"*,(&#(-(&;'*,1&)7(,(: )1@)*'"6+&%"0%/%F%@%-+&"15%*+&42M%*%0+&)'1&'#*%0+/&5'*(,%(&0()*%"'*+&)+&7(#1"0(F(&4,%7'&7'*(,%(9&C%"&
1"%/(,)&)(&'7-+&5'*(,%'&%"7%"%*1-1%3&#+,(%'3&;("*,1&'&.&0(.)(@%&0(&5'*(,%'&0%"&%"*(,%.,1-&#(-.,&;'*,1& '#(')*+&5'*(,%(&;.F%*%/+&)'1&'#*%/+&):'1&7+#1*&51$1,%8(9&J.1+3&01$1,%-.,3&"%&)(&0+&#4*(&.&).6%(&"15%*+&
1"%/(,)1,%3 &)+:% & F%#(5 &7'*(,%( & #2)7%#+9 &I#(')*+ & 5'*(,%( & ()*( &.',(#15 &#%,#15)#,%)+3 & )(;','*+ & 0(& 4,%7'&(7'"'.%(/&5'*(,%'&;')%/+&)'1&"(?'*%/+8&P'*+-&7'#(&!"*4%&)2.%'&2%&;(&1,5+&5+&7'#(&;(&5%"(3&)2.18&
,()*1-&5'*(,%(%&0%"&%"7%"%*&)'1&"."5'*(,%(8 (%8
J.% &)1"*(5& 0(;',*(& 0(&P+*',&2%&U'5',3&0',&'/(5& ,+@0',(&2%&!"/+6+5&5(,(13&?,'6%(&%"*1%6%(%& !"&5%?,'6%%-(&5(-(&!5%&/.%&?+)%&).6%'&*,'")7.,5'*+&!"&;'*,1&)*+,%A&7-1%0%#+3&?'F.')+3&-%#$%0+&2%&
".')*,(3&#',(&"(&#."7%,5+&#+&#(-(&!"/+6'*(&0(&-'&)'/'"6%%&-15%%&".')*,(&'"?(-%#(&"1&)1"*&(,.,%3&"1&)1"*& ).-%0+3&*,(;*(&#',(&#.")*%*1%(&#(('&#(&)(&"15(2*(&%"0281.%(j
5%"#%1"%3&#%&'0(/+,1,%&;1,(8&9,%"&%"*1%6%'&".')*,+&;1*(,"%#+&/(,%7%#+5&'7%,5'6%%-(&-.,8
WV_ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*(
?271"%#+,%&5%"&?(, WVU
S1&)1"*&1"1-3&%"0%/%F%@%-8&K.6%%-(&5(-(&/%%*.',(3&;(&#',(&-(&/.%&7(#1"0'&#1&%"*(-%?("6'&5('&'#*%/+3& ;%#%.',(&(-&"1&)(&;.'*(&6%"(&0,(;*&2%&#'0(8&a51-&()*(&6%"1*&/(,*%#'-&0(&.&5%#+&)#4"*(%(3&')(5+"+*.',(&
/., & 7% &!" & "15+, &0( & ;'*,18 & >*%6% & @%"( & #+ &".%3 &("*%*+6%-( &);%,%*1'-(3 & "1 & )1"*(5 &"%#% &5')#1-%"(3 & "%#%& #1&#('&#',(&!6%&0%#*('F+&'#158&C',&-'&'#(')*+&7.,6+&)(&5'%&'0'1?+&2%&7.,6'&'7-'*+&!"&;+*1,%-(&)1;(,%.',(&
7(5%"%"(8&C(&'#(('&"1&"(&;1*(5&!5;(,(#$('&!"*,(&".%&2%&"%#%&"'2*(&#.;%%8&J15'%&-15('&)'1&5(0%1-& '-(&'*5.)7(,(%&7-1%0%#(&*(,()*,(8&K1)3&0(;',*(&0(&)1;,'7'6'&;+54"*1-1%Z3&0(')1;,'&'(,1-1%&'*5.)7(,(%&
*,1;()#&1"0(&*,+%6%&#(,(&#'&/.%&)+&7%6%&7(5(%&2%&@+,@'6%8 /.')*,(3&)(&'7-+&.&F."+&0(&5'*(,%(&7-1%0%#+&0(&"'*1,+&(-(#*,%#+8&I#(')*'&!"#."=.',+&#'&.&)7(,+&?-.@1-&
o%(#',(&("*%*'*(3&0(&-'&"'2*(,('&)'3&/'&'"%5'&'#(('2%&5'*(,%(&)'1&(5'"'6%(&'&P'*+-1%3&'7-'*+&)1@& /.)*,1&2%&(L(,#%*+&.&'*,'#6%(&;1*(,"%#+&')1;,'&);%,%*1-1%&!"*,1;'*8&9+54"*1-&;(&#',(&)(&);,%=%"+&;%#%.',(-(&
;'*,1&)*+,%8&9,%"&1,5',(3&*,+%"0&;,%"&#(-(&;'*,1&)*+,%&'-(&5'*(,%(%3&/.5&'/('3&;(&,4"03&;'*,1&7(-1,%&0(& *'-(&',(&2%&(-&;1*(,('&)'&'*,'#*%/+8&I)*7(-3&F."'&7-1%0%#+&(-(#*,%#+&'*,'?(&);%,%*1-&!"&)1)3&%',&;+54"*1-&
;(,#(;6%%&#.)5%#(&2%&1"'&0%/%"+8&H4"0&/.5&'=1"?(&:&C.'5"(3&#4"0D&:&'1L%-%',%&'%&P'*+-1%&#("*,'-3&/.5& '*,'?(&*,1;1-&!"&=.)8&C%"&#.5@%"',('&'#()*.,&0.1+&7.,6(&,(F1-*+&/(,*%#'-%*'*('&*,1;1-1%&.5("()#8
#1".'2*(&,('-%*'*('&'0(/+,'*+3&,('-%*'*('&0%/%"+8&[.%3&.'5("%%&*,1;(2*%3&'/(6%&"15'%&*,(%&;(,#(;6%%A&'&
).-%01-1%3&-%#$%01-1%&2%&?'F1-1%8&J.%3&01$1,%-(3&'/(5&!"&;-1)&2%&;(,#(;6%'&7-1%01-1%8
I2'0',3&0%"&#("*,1-&P+*',&)(&"'2*(&5'*(,%'&;')%/+8&C%"&'#(')*+&1"%#+&5'*(,%(&)(&;,(?+*(2*(&!"&
U'5',3&0(&#+*,(&o%%%&0%/%"%3&*.'*+&?'5'&0(&7-1%0(8&C1;+&'#(('&'5&7.)*&"+)#1*(&".%3&01$1,%-(3&7.,5'*(& R(,',$%'&01$1,%-.,&;-'"(*(%&".')*,(
0%"&5'*(,%'&0%/%"+3&'#*%/+3&%"0%/%F%@%-+8&J.%&/.5&7(#1"0'3&/,(5(&%"7%"%*&0(&-1"?+3&#(-(&;'*,1&)*+,%&'-(&
'#(-('2%&5'*(,%%&;')%/(8&9,%"&;,(F("6'&".')*,+3&;,%"&%"7-1("6'&2%&!"*,1;',('&".')*,+&!"&#(-(&;'*,1&7(-1,%&
0(&7.,5(&0(&*,1;1,%&15'"(3&#."*,%@1%5&-'&(/.-16%'&!")+2%&'&'#()*(%&;,%5(&(5'"'6%%&0%/%"(8 C.1+&-15%&)*'1&7'6+&!"&7'6+A&-15('&);'6%'-+&2%&-15('&*,1;(')#+3&7%(#',(&'/4"0&#1".2*%"6(-(&)'-(8&
J.%3&7-1%0%#%%3&/(0(5&)(5("(-(&".')*,(3&01$1,%&!"*,1;'*(&!"&5'*(,%'&).-%0+3&!"&;-'"*(3&'"%5'-(&2%& J.%&/,(5&)+&"(&,%0%#+53&0',&"1&;1*(5&7+,+&)+&/+&,%0%#+5&2%&;(&/.%8&c%0%#4"01:/+&;(&/.%3&"(&;,(?+*%5&
!"&7,'6%%&".2*,%&*,1;(2*%8&P.'*(&'#()*(&#'*(?.,%%&0(&01$1,%&'1&,.-1-&#'&-'&*%5;1-&-.,&)+&7(#1"0(F(3&,4"0& *(,("1-&;("*,1&#4"0&/.5&7%&#'&/.%8
;(&,4"03&1"'&#4*(&1"'&0%"&)*+,%-(&5'*(,%(%&;,%5(8 C1;+&#15&!"&-15('&/.')*,+&#4"0&(2*%&@.-"'/&*(&01#%&-'&5(0%#3&%',&#4"0&/,(%&)+:6%&7'#%&.&#')+&*(&
S1&)1"*&("*%*'*(&);%,%*1'-+8&K.6%'&5('&()*(&*,1;1-&!5@,+#'*&-'&,(!"*,1;',('&5('8&K.6%'&5('&"1&()*(& 01#%&-'&1"&',$%*(#*3&*.*&')*7(-3&-15('&".')*,+&',(&);(#%'-%2*%%&(%8
.&7(5(%(3&#%&1"&*,1;&15'"3&7%(&#+&(-&)(&/'&"15%&0.'5"+&)'1&0.5"8&C1$1-&'"%5'-&2%&/(?(*'-&!2%&',(&2%& H4"0&/,(6%&)+&'7-'6%&.&'"15%*+&;,.@-(5+3&0(&.,%#(&?("&',&7%&('3&"1&/+&'0,()'6%&.,%#+,(%&("*%*+6%3&#%&
(-&).6%'&:&*,1;1-&!"&#',(&):'&,(!"*,1;'*Q&%',&01$1-&5%"(,'-&',(&2%&(-&.&).6%(3&;(&#',(&.&/'&%1@%&5%-%',0(&0(& #$(5'6%&.&("*%*'*(&0();,(&#',(&2*%6%&#+3&;(&#4"0&*,+%'&;(&;+54"*3&'&;.)(0'*&#1".2*%"6(-(&,();(#*%/(3&!"&
'"%&2%&"1&)(&/'&0();+,6%&0(&('&0(#4*&-'&0%F.-/',('&;-'"(*(%8&!"*,1;',('&01$1-1%&5%"(,'-&01,('F+&0(&-'& ?("(,'-3&5*,1;'*1-&'=1")&-'&?,'01-&0(&'&;,%5%&#1/4"*1-&".)*,1&*,(@1%(&)+&)(&)(,/(')#+&0(&1"&5(0%153&
!"#(;1*1-&"(@1-.')(%&;4"+&-'&,(/("%,('&(%&!"&)4"1-&K7(,(%:U'5',8 0'#+&"1&()*(&(-&!")12%&%,%(0558&U(0%151-&()*(&1"&%")*,15("*&'-&-15%%&);'6%%-.,3&2%&#'&.,%#(&%")*,15("*3&
[(0(6%&#(&0(.)(@%,(&5',(&(L%)*+&!"*,(&#."#(;6%%-(&/.')*,(&2%&%0(.-.?%'&".')*,+D&R'*+&;("*,1&#(3& *,(@1%(&'#.,0'*&#1&("*%*'*('&#',(&/,('&)+&#.51"%#(&;,%"&(-8&!"&'#()*&)#.;&01$1-&5(0%151-1%&*,(@1%(&)+:%&
;("*,1&5'=.,%*'*('&.'5("%-.,3&%0(.-.?%'&".')*,+&'&*,(@1%*&)+&7%(&.#1-*+&)'1&')#1")+3&2%&"1&.&;1*(5& #42*%?(&@1"+/.%"6'3&5'%&!"*4%&#'&);%,%*&!"&);'6%13&2%&';.%&=.)3&#'&.5&*,1;()#8&U(0%151-&!"&)*',(&0(&
0(F/+-1%&"%#%&'F%&.,%#+,1%&"(#$(5'*8 /(?$( & ()*( & )1;(,%., & 5(0%151-1% & !" & )*',( & 0( & *,'")+8 & K;%,%*1- & 5(0%151-1% & 0( & *,'")+ & /(0( & );%,%*1-&
P(,5("1-&0(&).6%(&',(&1"&'"15%*&!"6(-()&!"&-15('&".')*,+&2%&1"&!"6(-()&0%7(,%*&!"&-15('&/.')*,+8&G'& #.51"%#'"*&2%&!%&'10(&/.,@%,('&;(&#',(&.&,(0+&;,%"&?,'%1-&)+13&0',&-'&0(2*(;*',(&1%*+&*.*8&9("*,1&'&7%&1"&
".%&).6%'&,(;,(F%"*+&;,%5'&(5'"'6%(&'&P'*+-1%8&[.%&F%#(6%&#+&)(&#1"1"+&,.@1-&-1%&C15"(F(13&[')%-(&#1& 5(0%15&0()+/4,2%*3&.51-&*,(@1%(&)+&'%@+3&!"&)*',('&#."2*%%"6(%&0(&/(?$(3&.&5',(&0.,%"6+&0(&'&)(,/%&2%&
,.'@'&-1%&C15"(F(13&S-("'8&I#(')*'&(&%0(.-.?%'&/.')*,+3&'2'&/(0(6%&2%&'2'&!"6(-(?(6%&/.%8&J.%&);1"(5& '7-'&I0(/+,1-8
-'&,(!"*,1;',('&".')*,+&#+&"(:'5&-1'*&.&).6%(&#',(&"1&(&"%#%&7(5(%(3&"%#%&@+,@'*3&#%&'&;'*,'&)*',(&'& H(-(&5'%&0(&)('5+&.;(,(&15'"(&7+#1*(&;(&;+54"*&'1&;.,"%*&0%"&%"*1%.%(/&%")4%,'.%(&)'1&'1&7.)*&
5'*(,%(%&#.)5%#(8&J.%&);1"(5A&H1"1"+:)(&,.@1-&-1%&C15"(F(13&);%,%*1-&s/&#1&5'*(,%'&-15(')#+&0(& 5%#*'*(&.51-1%&*,1;()#&;,%"*,:1"&5(0%158&U'%&,',&'1&7.)*&0%#*'*(&0%,(#*&.51-1%&*,1;()#3&0.',&0'#+&(-&
;(&;-'"(*'&'#(')*'3&#1&*,1;1-&15'"&;-+5+0%*&!"&;4"*(#(-(&1"(%&5'5(8&['&/("%&.&/,(5(3&#4"0&(-&/'& !")12%&(,'&5(0%15&)#,%%*.,3&'10%*%/8&!"&-%5@'=1-&#(,()#&')(5("('&.'5("%&)(&"15()#&-("%%&:&"1&!"&)(")&
*,(@1%&)+&0%/.,6(F(&0(&'#(')*+&).6%(8&C%/.,61-&'#()*'&/.%&!-&;-4"?(6%&2%&!%&F%#(6%&72',*(9&[.%&;-4"?(6%&;(& 15'"3&#%&!"&)(")&);%,%*1'-8
#(-&0%/.,6'*&2%&#4*(.0'*+&!2%&;-4"?(&2%&(-&*,1;1-&0(&#',(&):'&0();+,6%*8 N("%1-&)(&%F.-('F+&0(&-15('&*,1;(')#+&2%&!%&;-'#(&)+&7%(&!"&;(,5'"("*+&-(?+*1,+&#1&-15('&);%,%*1'-+8&S-&
C.1+&/%(6%3&0.1+&#."#(;6%%8&I&/.')*,+A&H(&7(,%#%*&)1"*&#+&'5&)+&5+&!").,&#1&7'*'&#1*',(8&R',&01$1-3& "1&()*(&1"&.@)(0'*3&#%&1"&7(,5(#'*&'-&-15%%&0(&1"0(&!2%&;,%5(2*(&%0(%-(&?("%'-(8&S&0,(;*&#+&7'6+&0(&
#."2*%("*&0(&5%)%1"('&-1%3&F%#(A&P,(@1%(&)+&5+&01#&)+&5+&1"()#&#1&*,1;1-&5(13&#1&(?.:1-&#1*',(3&#1& ,()*1-&.5("%,%%&?("%1-&"1&()*(&1"&.5&.@%2"1%*3&*,1;1-&)+1&7%%"0&!5@,+#'*&0(&.&5',(&("*%*'*(&'&);'6%1-1%8&
#',(&/.%&;(*,(#(3&;(&;+54"*3&.&/%'6+&;-%"+&0(&)17(,%"6+3&;(*,(#1*+&!"&"(#1".'2*(,('&(L%)*("6(%&/%(6%%& S-&/'&(5%*(&%0(%3&/'&7'#(&.&-1#,',(&?("%'-+3&;(&#',(&#'&.5&)%5;-1&":',&7%&;1*1*&)+&.&7'#+8&9(&#4"0&(,'&!"&
(*(,"(&'&);'6%%-.,8&C.1+&-15%3&0.1+&*("0%"6(Q&1"'&',(&#'&)#.;&4,2#,(',('&%',&#('-'-*+&3#2'8'&0%(.%%9&o%%%& H(,3&'#(')*+&("*%*'*(&'&)*10%'*&2%&#1".)#1*&;(,7(#*&%0(%-(&2%&.;(,'&;(&#',(&):'&'"?'='*&)+&.&,('-%F(F(&#'&
0%/%"%&0%"&K7(,':U'5',&;(,#(;&,('-%*'*('&0%/%"+&0(.',(#(&)1"*&$,+"%6%&#1&(L;-%#'6%%-(&0'*(&0(&K*+;4"1-& .5&!"*,1;'*8&C',&.&0'*+&#(&):'&!"*,1;'*3&%&):'1&!"*1"(#'*&#1".2*%"6(-(&)'/'"*(8&C(&'#(('3&;(&#4"0&)(&
-.,&)1;,(53&P'*+-&".)*,1&#(,()#8&S13&%1@%*(&7,'*(3&*(&$,+"()#&#1&%0(%-(&5(-(3&#1&5("*'-%*'*('&".')*,+3&#'& !"*,1;'&!"&/(0(,('&5%)%1"%%&)'-(3&'"15%6%&5(0%#%&#(,(2*%&%:'1&;,(?+*%*&#.,;1-&')*7(-&!"#4*&)+&7%(&#';'@%-&
,(F1-*'*&'-&(L;(,%("6(-.,&'#151-'*(&!"&0(#1,)&0(&5%%&2%&5%-%.'"(&0(&'"%3&!"&-15%-(&;(&1"0(&'5&*,+%*8& )+&;,%5(')#+&%0(%-(&#1%@+,%*(&!"&5("*'-&0(&#(%&#(&/.,&7%&-(?'6%&0(&(-8&C'#+&"1&-(&/'&;,%5%&0%,(#*3&#'&
I0(/+,1,%-(&#.51"%#'*(&#.")*%*1%(&$,'"'&)17-(*1-1%&*+13&'0(/+,1,%&;(&#',(&"1&'/(6%&;1*%"6'&)+&-(&'7-'6%& 5(0%153&#(-&;16%"&)+&7%(&12.,&)1?()*%."'@%-8
0%,(#*3&;,%"&)%561,%-(&/.')*,(8 a,%#(&)(&7'#(&;(&)1;,'7'6'&?-.@1-1%&/.)*,1&"1&()*(&.,%?%"'-8&P.*1-&)(&,(;,.01#(&01;+&#(('&#(&
J(@1-.')'&;-('#+&!"&)*',(&7-1%0%#+&0%"&K7(,':U'5',&2%&!"&7%"'-&'=1"?(&!"&)*',(&).-%0+&)'1&5%"(,'-+8& (L%)*+&0(='&;(&;-'"(*(&5'%&'/'")'*(8&9(&;-'"(*'&/.')*,+3&?("%%-(&[.,&,(;,.01#(3&/.,&%5%*'3&0',&;("*,1&
9-'"(*' & /.')*,+ & ' & '=1") & '#15 & !" & )*',(' & ).-%0+3 & 5'% & '/4"0 & 5'*(,%% & ?'F.')( & 2% & -%#$%0(8 & SL%)*+ & !"& /.%3&.'5("%&*,1;(2*%3&.;(,'&-.,&/'&;+,('&.,%?%"'-+3&0(.',(#(&#'&)(&','*+&;("*,1&;,%5'&.',+&;(&?-.@1-&
)%)*(51-&'#()*'&.&)%"?1,+&;-'"(*+&-%#$%0+3&/(2"%#&'#.;(,%*+&0(&".,%8&S'&#."6%"(&;(&)1;,'7'6'&(%&("*%*+6%& /.)*,18&[.%&"1&2*%6%&#+&.;(,'&,();(#*%/+&'&7.)*&,('-%F'*+&0(&5%%&0(&/('#1,%&2%&5%-%.'"(&0(&'"%&;(&'-*(&
!"*,1;'*(&!"&*,1;1,%&5.%3&'7-'*(&!"&)*',(&-%#$%0+8&P,1;1,%-(&-.,&"1&'1&;+,6%&).-%0(3&.')(&#'&'-(&/.')*,(3&!"& ?-.@1,%&;-'"(*',(3&,%)%;%*(&!"&.#('"1-&7-1%0%#&'-&1"%/(,)1-1%&".)*,18
;,(F("*3&"1&5'%&(L%)*+&!"&)%)*(51-&".)*,1&"%#%&.&;-'"(*+&#.")*%*1%*+&0%"&5'*(,%(&'7-'*+&!"&)*',('&'&0.1'3& J15'%&T"1-&C15"(F(1&#,(('F+&.,%?%"'-1-8&S-&()*(&',$%*(#*1-&#',(&'&#,('*&2%&#,(('F+&!"&/(2"%#%(&
?'F.')+8&9-'"(*'&#('&5'%&';,.;%'*+&0(&).',(&'&7.)*&.0'*+&!"&)*',(&?'F.')+3&0',&):'&*,'")7.,5'*&2%&0(& .,%?%"'-8&H(('&#(&#,(('F+&S-&"1&5'%&',(&')(5+"',(&!"&!"*,(?1-&#.)5.)8
'*1"#%&'1&0%);+,1*&0(&'#.-.&*,1;1,%-(&15'"(&'(,%7.,5(8 SL%)*+&.&5',(&0%)*'"6+&(/.-1*%/+&!"*,(&1"&?("%1&2%&1"&.5&0(&*'-("*8&a51-&*'-("*'*&"1&;.'*(&#,('&
9+54"*1-3 & ;-'"(*' & /.')*,+3 & ' & 7.)* & -' & !"#(;1*1- & )+1 & !" & )*',( & 7-1%0%#+3 & ';.% & ' & *,(#1* & ;,%" & 7'F'& "%5%#&#',(&)+&;',+&.,%?%"'-&.51-1%&*(,()*,13&#%&%5%*+&0.',3&#$%',&0'#+&,(;,.01#(&'05%,'@%-&#(('&#(&'&
?'F.')+3&-%#$%0+3&2%&:&!"&7%"(&h'&'=1")&!"&)*',(&).-%0+8&9','-(-&#1&'#()*(&)*+,%&'-(&;+54"*1-1%&'1&7.)*&;(& #,('*&1"&?("%18&a51-&.@%2"1%*&"1&(&#';'@%-&"%#%&5+#',&)+&7'#+&.&%5%*'6%(&0(&'05%,'*8&C1;+E&#15&
(-3 & ,4"0 & ;( & ,4"03 & !"*4% & *,1;1,% & 7-1%0%#(3 & ')(5+"+*.',( & #1 & #(-( & '7-'*( & '#15 & !" & K.',(8 & 9( & 1,5+3& (L%)*+&.&0(.)(@%,(&!"*,(&1"&.5&0(&*'-("*&2%&1"&.5&.@%2"1%*3&*.*&'2'&(L%)*+&.&0(.)(@%,(&!"*,(&1"&*'-("*'*&
#."*%"14"01:)(&%"/.-16%'3&):'1&7.,5'*&*,1;1,%&?'F.')(3&-%#$%0(&2%3&'F%3&).-%0(3&*,1;1,%&/%F%@%-(&/.1+3& 2%&1"&?("%18
'/4"0&;+,6%&*',%&)'1&5%"(,'-(8&C'*.,%*+&.')(-.,&/.')*,(&5%"(,'-(&);1"(5&#+&)1"*(6%&).-%F%3&2%&"1&01;+& N("%1-&)(&"'2*(&;(&)1;,'7'6'&;+54"*1-1%&".)*,1&-'&'"15%*(&(;.#%8&P%5;1-&?1/(,"('F+&(/.-16%'&
*,1;1-&/.)*,1&#+,".)3&#.")%0(,'*&0(&".%&-%#$%08 '#()*(%&;-'"(*(3&0',&"1&*%5;1-&/.)*,1Q&#%&*%5;1-&).',(-1%&#',(&/+&-15%"('F+8&U%2#',('&).',(-1%&;(&
J.% & "15%5 & -%#$%03 & 1" & *,1; & !5@,+#'* & 0( & 1" & 01$ & 15'"3 & #+,1%'3 & 0(2% & 7+,+ & .')(3 & 5'?"(*%)51-& *,'%(#*.,%'&)'&()*(&#(').,"%#1-&01;+&#',(&("*%*+6%-(&'"?(-%#(&'-(&9+54"*1-1%&#%*()#&2%&';-%#+&;(&;+54"*&
;-'"(*(%&!%&;(,5%*(&)+&)*('&/(,*%#'-&2%&)+&)(&5%2*(&!"*,:.&;.F%6%(&/(,*%#'-+8&J1&.')(-(&*'-(3&7,'*(3&*(&6%"& %0(%-(&-.,&(/.-1*%/(8&9+54"*("%%&"15+,+&'"%%&0(&-'&1"&(/("%5("*&.',(#',(3&;4"+&#4"0&'#(-&(/("%5("*&
/(,*%#'-3&#%&'-*#(/'8&J1&.')(-(&!6%&0'1&;.)%@%-%*'*('&)+&*(&5%2*%&!"&;.F%6%(&/(,*%#'-+3&#%&7.,6(-(&(-(#*,.: ()*(&1%*'*3&)(&;.*%#"()#&2%&,(!"#(;&"15+,+*.',('&0(&-'&1"&'-*&(/("%5("*3&;(&#',(&#1&*%5;1-&!-&;+,+)()#3&
5'?"(*%#(&'-(&;+54"*1-1%&2%&H(,1-1%8&U.,*1-&',(&2%&(-&.')(3&2%&*.*12%&0'#+&!-&;1%&/(,*%#'-&!" ;("*,1&'&,(-1'&1"&'-*1-Q&2%&*.*&'2'&5(,(18&!"?(,%%&".2*,%&"1&;.*&)+&"15(,(&#'&/.%3&#1&'"%&*(,(2*,%3&#%
WVV >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"&?(, WVW

'1&"(/.%(&0(&1"&%")*,15("*&;,(#%)&2%&;(,7(#*&:&).',(-(3&%',&'"%%&-.,&)1"*&'"%&)28',%9&H4"0&).',(-(&'=1"?(& a51-&#.51"&*,+%(2*(&2%&51"#(2*(&#15&#,(0(&#+&(8&5'%&@%"(&;("*,1&(-&2%&7'5%-%'&)'8&S-&"1:2%&
-'&1"&'"15%*&;1"#*&'-&);'6%1-1%3&*,(@1%(&!5;%")+&(/.-16%'&;+54"*1-1%&#1&1"&;')&5'%&0(;',*(8&G'&'#()*& ?+)(2*(&7(,%#%,('&0(#4*&!"&5'*(,%'&7%F%#+3&2%&"1&;.'*(&;+*,1"0(&!"&7(,%#%,('&;,.#1,'*+&0(&%0(%-(&-15%%&
5.5("*3&#.@.',+&0%"&-15('&".')*,+&1"&);%,%*&#',(&#1".'2*(&!"&);'6%1&*.'*+&2*%%"6'&.;(,(%&#(&.&/'&7'#(& ".')*,(8&a51-&0(&?("%1&*,+%(2*(&!"&,';.,*&#1&-15('&;)%$%#+&;(&#',(&.&#1".'2*(8&T"%%&0%"&(%&.&'103&1"%%&
#'&.5&*,1;()#8 .&/+0&2%3&!"&7%"(3&'-6%%&.&/+0&2%&.&'103&'2'&#15&'1F%6%&2%&/(0(6%&/.%3&.'5("%%&*,1;(2*%8&!"&-15('&?("%%-.,&
H1".'2*(6%3&0%"&'-*(&#.51"%#+,%&'-(&".')*,(3&#+&);%,%*(-(&0%"&);'6%%-(&9+54"*1-1%&)(&!5;',*&!"& (L%)*+&.&5',(&/',%(*'*(3&0(&-'&#(%&5'%&0(&=.)3&;4"+&-'&#(%&5'%&1%5%*.,%8&!")+&#1&*.6%%&*'#3&;("*,1&#+&'1&
?,1;(&"15%*(&4',*%5(&:&#'&2%&-'&/.%&;(&;+54"*8&S%&@%"(3&7%(#',(&;',*%0&',(&?("%%-(&)'-(8 *,(#1*&;,%"&(L;(,%("6'&'5',+&0(&'&7%&#.")%0(,'6%&'".,5'-%3&@'&#$%',&"(@1"%&0(&.'5("%%&#.51"%8&S&
N("%%-( & 2%:'1 & *(,5%"'* & (/.-16%' & ;(,)."'-+8 & H4"0 & #.@.',+ & ;( & ;+54"*3 & (-( & 7'# & .;(,( & ).#%'-(3& 0,(;*&#+&(%&!"2%2%3&.@)(,/4"0&-15('&0%"&=1,3&#.")*'*+&#+&)1"*&0%7(,%6%&0(&5'=.,%*'*('&.'5("%-.,&2%&0(&
#."*,%@1%"0&-'&,%0%#',('&15'"%*+6%%8&J(5'%'/4"0&"(/.%(&)+&7'#+&2#.'-'&'#()*(%&;-'"(*(3&,(!"*,1;+,%-(& *('5+&#'&.;(,'&-.,&)+&"1&7%(&#.5;,.5%)+&;,%"&0()*+%"1%,%-(&-.,3&;,(7(,+&*+#(,('8
?("%%-.,&)1"*&#1&51-*&5'%&,',(&0(#4*&'-(&#(-.,-'-*(&("*%*+6%&);%,%*1'-(8 N("%1-&()*(&.&5',(&("*%*'*(&!"&-15('&#(,(')#+3&0',&.&0'*+&#(&)(&!"*,1;('F+3&"1:%A&;-'#(&)+&7'#+&
a51-&#.51"&*,+%(2*(&;(&;+54"*3&!2%&7'#(&2#.'-'&2%&';.%&5.',(8&C1;+&1"&*%5;&"15(-(&)+1&)(& )*10%%-(&;+54"*1-1%&#',(&',&;1*('&)+:<&,+*+#(')#+8&I)*7(-3&1"&S0%)."3&1"&U',#."%&2%&'-6%%&"1&'1&/,1*&)+&
2*(,?(&#$%',&0%"&'5%"*%,('&#(-.,&0%"&=1,1-&)+18&S-&()*(&.&)%5;-+&1"%*'*(3&#'*'-.?'*&!"&5',(-(&?,1;&'-& !"/(6(&-'&2#.'-'&;+54"*1-1%8&N("%%-(&0(/%"&'1*.0%0'#6%3&)(&#."01#&;,%"&%");%,'6%'&-.,&;(,)."'-+3&#%*%"0&
;',*%01-1%&0%"&#',(&7'#(&;',*(3&()*(&.&.%6+&'&;',*%01-1%&)+18&P.'*(&.%6(-(&;',*%01-1%&/.,&/("%&)1;1)(&;(& 0.',&#+,6%-(&%");%,'*(&0(&".%3&#',(&"1:%&/.,&!5;%(0%#'&0(&-'&.;(,'&#(&*,(@1%(&)+&.&,('-%F(F(8
;+54"*3&/.,&-1'&1"&*,1;3&01#4"01:2%&*,'%1-&;4"+&-'&5.5("*1-&%"0%#'*&2%&';,.@'*&0(&!"'-*1-&o.,&'-& 9("*,1&'&"1:2%&0(5')#'&7%,('3&?("%%-(&)(&%F.-('F+8&U',%-(&?("%%&*,(#&;,%"&7'F(&?,(-(&!"&#.;%-+,%'&2%&
;',*%01-1%8&a%6'&/'&51,%3&*,1;1-&)+1&/'&7%&1%*'*3&%',&,(F1-*'*1-&51"#%%&)'-(&:&@'"%3&1"(-*(3&#')+&(*#8&:)(&/'& *%"(,(6('&-.,8&C%"&#.;%-+,%(&(%&0(/%"&5(0%15%&'10%*%/%3&0',&"%5("%&"1:%&%'&!"&)('5+8&U'%&*4,F%1&;.*&
,%)%;%&!"&54%"%-(&#(-.,&,+5'2%8&T,#4"0&-'&".%3&/'&/(0('&#1&'5+,+#%1"(&#+&@1"1,%-(&%&):'1&/4"01*3&%',& 0.@4"0%&2%&#-',/(0(,('&)'1&5(0%15%*'*('&/%F1'-+8&G'&!"#(;1*&'#()*(&#';'#%*+6%&!%&!");+%54"*+3&%',&#(%&
01;+&2';*(&'"%&2%&.')(-(&%:'1&7.)*&0(F?,.;'*(&2%&';.%&*.*1-&):'&1%*'*3&*.*1-&'&;%(,%*8&9()*(&#%"#%F(#%&0(&'"%& ';,.;%'6%&!%&@'*=.#.,()#&2%&0.=("()#8&C',&5'%&*4,F%13&-'&5'*1,%*'*(3&6%"&;("*,1&(%&#(('&#(&'10&2%&/+03&
-15('&'@%'&!2%&5'%&'5%"*(2*(&0(&"15(-(&)+18&K:'&01)&*.*&'2'&0(&"(#1".)#1*&#15&'&*,+%*8 ;+)*,4"0&)1@&*+#(,(&'#()*(&(L;(,%("6(3&0(.',(#(&!%&15;-1&0(&7(,%#%,(&2%&;.,"()#&#1&;'*%5+&-'&,('-%F',('&
C(')1;,'&.'5("%-.,&#.51"%3&'/(5&!"&;',*%01-&".)*,1&*,(';*'&*'-("*'6%-.,&15'"%8&P'-("*'*1-&7'#(& .;(,(%&;(&#',(&-(:.&,('5%"*%5&#+&):'1&'"?'='*&)+&.&7%"'-%F(F(&=.)&;,%"*,(3&.'5("%8
0.1+&(/.-16%%A&1"'&;(,)."'-+3&2%&'-*'&;("*,1&#(%&0%"&=1,1-&)+18&C1;+&5.',*('&*,1;1-1%&)+13&)(&?+)()#& P.'*(&5',%-(&?("%%&'-(&9+54"*1-1%&'1&7.)*&5(0%15%&:&S0%)."3&U',#."%3&t(;-(,&(*#8&R'*+&-15('&
1"(.,%&1,5'2%&#',(&)+:%&,%0%#(&.&)*'*1%(&2%&-1#,+,%-(&!%&)1"*&;.5("%*(&!"&%)*.,%'&6+,%%&)'-(8&a51-&*'-("*'*& ".')*,+Q&#1&".%&;1*(6%&#.51"%#'3&-'&7(-&#15&/.,@%6%&!"*,(&/.%8
'&#,('*&.&.;(,+&)(5%01,'@%-+8&J.%&!%&"15%5&;(&'#(2*%' &)(#28%3*%/ &0(.',(#(&"15(-(-.,&/'&7%&;.5("%*& C1;+&#15&5(0%#1-&"1&;.'*(&0(F/+-1%&.,%#1%&5%)*(,1-&#1".2*%"6(-.,&)'-(3&01;+&#15&%"?%"(,1-&"1&
5'%&51-*(&)(#.-(8 ;.'*(&7'#(&;(&.,%#%"(&)+&!"6(-('?+&2*%%"6'&)'3&"%#%&".%&"1&;1*(5&);1"(&.,%#1%&0%"&*'%"(-(&-15%%&".')*,(8&
C(')1;,' & *'-("*'6%-., & /%"( & ' & *,(%' & #'*(?.,%( & 0( & );%,%*(3 & ("*%*+6%-( & 0("15%*( &-("%%8( &;',*%01-1%& J1&*,(@1%(&)+&*1-@1,+5&#1,)1-&/%(6%%&.51-1%&)%5;-18&C'#+&1"&.5&0(&,4"0&:&'&#+,1%&(/.-16%(&"1&;(,5%*(&
".)*,18&S-(&5'%&;.',*+&"15(-(&0(&7%8("%3*%/&0(.',(#(&"15(-(&-.,&/'&7%&;+)*,'*&0(&15'"%*'*(&5%%&0(&'"%8& #1".'2*(,('&-15%%&".')*,(&:&;',*%#%;+&-'&.&2(0%"6+&0(&#.51"%#+,%3&2(0%"6'&/.')*,+&"1&5'%&,(12(2*(&)+&
a;(,'&-.,&/'&01,'&#(-&;16%"&1"'&)'1&0.1+&5%-("%%8 7%(&,.0"%#+3&0%"&#'1F'&#(-1%&"(#$(5'*&)'1&,+1&#$(5'*8&P,(@1%(&)+&7%5&'*("6%&2%&)+&(L'5%"+5&!":
C(')1;,'&?("%%-.,&)1"*&);%".%%&4+,%".%&'%&;',*%01-1%&".)*,18&a;(,(-(&-.,&01,('F+&5'%&51-*&0(#4*&'-(& 54%"%-(&2%&5%"*('&#1%&/.,&#+0('&'0(/+,1,%-(&".')*,(8&J1&"(&(&7,%#+&0(&?("%%-(&".')*,(3&;("*,1&#+&(-(&
?("%%-.,3&0',&*.*12%3&5("%*(&#'&.0'*+&)+&)(&;%',0+&2%&(-(&0%"&'5%"*%,('&.5("%,%%8&o%(#',(&;',*%0&',(& -1#,('F+&-'&.;(,'&#(,(')#+&-'&#',(&):'1&'"?'='*8&P.*&7,1#*1-Q&#'0(&0%"&;.5&-'&/,(5('&#.'#(,%%&-1%8&J.%&
)7%"6%%&)+%8&S%&)(&,(!"*,1;('F+&5'%&,',&0(#4*&?("%%-(&'7-'*(&)1@&.,0%"(-(&-.,8&P,(#&#4*(.0'*+&1"'&)'1& "1&/,(5&)+&-15%"+5&0(#4*&;(&#(%&'=1"2%&-'&;1"#*1-&)+&2*%(&#+&(L%)*+&-15('&".')*,+8
0.1+&5%%&0(&'"%&;4"+&#4"0&)7%"6%%&;+,%"6%&#.@.',+&-'&!"*,1;',(3&!"&'7',+&0(&5%)%1"%&);(#%'-(3&#4"0&)(&
;.*&!"*,1;'&5'%&#1,4"08
R"&7%"(3&0(')1;,'&)7%"6%-.,&;+,%"6%&)*'1&)1;(,%.,%%&!"*,(?1-1%&;',*%08&H4"0&"(/.%-(&;',*%01-1%&.&#(,3&
)(&#.@.',+&2%&(%&-'&!"*,1;+,%3&;("*,1&'&)*%51-'&2%&-15%"'&;(&#(%&0(&)1@&(%3&0(/("%6%&.'5("%&*,1;(2*%&;(& R0(('&()*(&.&7%%"6+
;+54"*8
[+&/.%&/.,@%&0();,(&1"1-&0%"&)1;(,%.,%%&1"1%&;',*%0&:&;',*%01-&7,'"#(F%-.,8&S-&):'&!"*,1;'*&)1@&
"15(-(&0(&x('""(&0ZI,#3&2%&()*(&4'*,2"18&o,'"6(%&0(&'F%8&H'&!"*,1;'*&'&7+#1*&.&.;(,+&#(&"1&)(&/'&1%*'& P'*+-&#(,()#&'&#,('*&"15'%&#1&41*(,('&-E"5181%/&*.*&#(&/(0(6%&2%&*.*&#(&"1&/(0(6%8&G'&!"#(;1*&'&7.)*&
51-*(&5%-("%%8&J15'%&#4"0&/'&0%);',(&;.;.,1-&7,'"#(F&)(&/'&1%*'&.;(,'&-1%8&H'&("*%*'*(3&x('""(&0ZI,#& #1/4"*1-&)'1&%0(('&2%&C15"(F(1&(,'&#1/4"*&2%&#1/4"*1-&)'1&?4"0%,('&(,'&-'&C15"(F(18&G'&!"#(;1*1-&
(,'&'#*%/+3&5')#1-%"+3&%',&"1&;')%/+3&7(5%"%"+8&C(2%&*,1;1-&'-()&;("*,1&!"*,1;',(&'&7.)*&7(5%"%"3&'& #,('6%%-.,&"1&'&7.)*&0(#4*&C15"(F(13&.&);(,+&-E"5%*2',(9&9,%"&?4"0%,('&K'3&;,%"&%5'?%"'6%'&?4"0%,%%&
0()7+21,'*&.&/%'6+&5')#1-%"+8&>%:'&'-()&1"&*,1;&7(5%"%"&;("*,1&#'&.;(,'&(%&)+&7%(&#4*&5'%&01,'@%-+8&9(& K'-(3&'&7+#1*&*,(;*'*&-15%-(3&)7(,(-(&#(,(2*%&#1&*.'*(&;.0.'@(-(&2%&7,151)(6%-(&-.,8
/,(5('&#4"0&R"#$%F%6%'&(,'&-'&;1*(,(3&"1&(,'&5',(&-1#,1&)+&1#%F%&1"&@+,@'*&;("*,1&%0(%-(&)'-(8&!")+& H15&01$1-&()*(&#.;%-1-&-1%&C15"(F(13&'/4"0&!"&)*',(&;.*("6%'-+3&0(&0(/("%,(3&*.'*(&'*,%@1*(-(&
',0(,('&;(&,1?&'&1"(%&@%(*(&7(#%.',(3&#',(&'&7+#1*&7';*(&"(5'%/+F1*(&!"&-15(3&'&!"01%.2'*&2%&#1*,(51,'*& C%/%"%*+6%%3&)(&!"6(-(?(&#+3&!"&5%#3&2%&.51-&;.'*(&(5%*(&%0(%&#,('*.',(&0(&7.,5(&7-1%0%#(8
)17-(*(-(&.'5("%-.,&0%"&'#(-(&/,(51,%3&*,'")5%64"0&#1&(/-'/%(3&5'%&0(;',*(3&.;(,'&2%&"15(-(&(%8&H'& C(2%Z&%"/%F%@%-(&.#$%1-1%&/.)*,13&%0(%-(&)1"*&*.*12%&5'*(,%'-(3&7%%"0&#(-(&5'%&5',%&7.,6(&0%"&1"%/(,)3&
.53&'&7.)*&.&@%'*+&;+)*.,%6+3&0',&#4"0&'&).)%*&/,(5('3&?-')1-&".)*,1&%:'&,+)1"'*&!"&5("*'-&2%&'&;.,"%*&)+: ;("*,1&7';*1-&#+&"%#%&.&'-*+&7.,6+&"1&;.'*(&#,('&7.,5'&#'&(-(8&R'*+&;("*%1&#(&".%3&01$1,%-(3&#."2*%("*(&
2%& !5;-%"(')#+&5%)%1"('8&K.',*'&o,'"6(%&'&7.)*& )#$%5@'*+& ;,%"&%"*(,/("6%'&#%3&';+,4"01:2%& "('51-& 0(&/'-.',('&%0(%-.,3&"1&-(&;1*(5&,+);4"0%&.,%1"0(&2%&.,%#4"03&7+,+&)+&"1&"(&(L;1"(5&-'&');,%5('&
7.,5'*&0%"&)1@'-*(,"%%&)+%8 -(?%-.,&1"%/(,)'-(8
H."01#+*.,%%&0(&;',*%0(&#(,(2*%&)1"*&!"0,15+*.,%%&7,'6%-.,&-.,&15'".:);'6%'-%8&!"&7%(#',(&;',*%0& R0(%-(&".')*,(&"1&*,(@1%(&)+&#'0+&;(&.,%#(&*(,("3&#%&"15'%&!"&.'5("%%&#1&)17-(*1-&,%0%#'*&0%"&;1"#*&
#(,()#&(L%)*+&'#()*(&*,(%&)1@0%/%F%1"%&%(,',$%#(A&-82'*(8(/&*'8("*'.%%/&2%&-("%%8(/&0(')1;,'&-.,3&'/4"0&;(& 0(&/(0(,(&%"*(-(#*1'-3&0',&5'%&'-()&5.,'-8&R0(('&()*(&.&7%%"6+&/%(3&;("*,1&#+&)(&5'"%7()*+&2%&;,.01#(&
#."01#+*.,%%&"15%6%&);%"*(8(&51$1,%&'-(&;',*%01-1%8&&&&MEZ&&&&&&&8 (7(#*(8&C(2%&)1"*&%"*(-%?("*(3&*.*12%&%"*(-%?("6'&%0(%-.,&()*(&(L*,(5&0(&,(01)+3&%',&/.%"6'&-.,&';,.';(&
P,(%&5',%&#'*(?.,%%&0(&01$1,%&/+&)*'1&-'&0%);.F%6%(&)+&-(&;,./.#'6%&)+&/+&(L;-%#(&0'#+&%0(%-(&#( "1-+8&C%"&'#(')*+&#'1F+3&%0(('&%'&7.,5'&/.%*+&0(&(5%6+*.,3&2%&)*,+@'*(&);'6%%&%5(")(&#+*,(&.&'"15%*+&
/+&)*+;4"()#&:&'7-'*(&0(&/.%&0%"&'1F%*(3&%"*1%*%/&)'1&*,'")#("0("*'-&:&)1"*&5%"#%1"%&)'1&'0(/+,1,%8 6%"*+3&;("*,1&'&;,.01#(&1"&'"15%*&(7(#*8&C'#+&6%"*'&()*(&1"&.5&*,1;()#3&%0(('&!-&/'&%"7-1("6'3&)(&/'&
H4*&*,+%(2*(&!"&#.'='&)'&0(&-1*3&.51-&#.51"&',(&.&)%"?1,+&#'-(&:&%"0%,(#*+&:&0(&'&#1".'2*(A&'1F%"0 '"%"'&0(&);%,%*1-&.51-1%&2%&/'&-1#,'&#'&.&7.,6+3&7+#4"01:<&)+&(L(#1*(&#(('&#(&'&0.,%*&(5%6+*.,1-8&[.5&
)'1&#%*%"08&I0(/+,1,%-(&*,'")#("0("*'-(&"1:%&)1"*&#1".)#1*(3&%',&0'#+&'10(&71?%*%/&7,'?5("*(&0%"&(-(3 0(F/.-*'&#1&'-*+&.#'F%(&'#(')*+&*(F+8
"1&;.'*(&)+&2%&-(&!")12(')#+3&2%&"%#%&"1&)(&;.'*(&!"#,(0(&!"&(-(8 K(&;',(&#+&'1&!"#(;1*&)+:2%&7'#+&0,15&2%&!"&-15('&/.')*,+&#1".2*%"6(-(&,(7(,%*.',(&-'&;1*(,('&
a51- & 0( & *'-("*3 & !" & '7',+ & 0( & #'-(' & '1F1-1% & 2% & /+F1-1% & : & ' & #%*%,%%3 & ;.)(0+ & 0',1- & %"*1%6%(% & 2% & '-& ?4"01-1%8&N1/(,"(-(&1".,&6+,%&%")*%*1%(&#("F1,'&;,()(%3&*(54"01:)(&0(&-'")',('&1".,&%0(%&0(&#+*,(&
%");%,'6%(%8&P'-("*'*1-&()*(&%");%,'*3&0%"&#4"0&!"&#4"03&0(&".%3&#(%&0(&)1)8 #1".)#+*.,%%&;1*(,%%&?4"01-1%3&;.-%*%#%("%&7+,+&)#,1;1-(3&#',(&;,%"&;1*(,('&#1/4"*1-1%&-.,&;.*&,%0%#'&
N("%1-&;.)(0+&%"*1%6%'&0(F/.-*'*+&-'&#1-5(3&2%&%");%,'6%%-(&!%&/%"&#."*%"11&0(&)1)8&!"&'7',+&0(&'1F1-& 5')(-(&.5("(2*%&2%&*1-@1,'&.,0%"('&)*'@%-%*+8&9,()'&7%%"0&#("F1,'*+3&(%&"1&/.,&5'%&;1*('&)(5+"'&%0(%&
2%&/+F1-&*,1;()#3&?("%1-&'10(&2%&?-')1-&".)*,18&C4"01:2%&)('5'&#+&()*(&.&7%%"6+&0(.)(@%*+&0(&#(%-'-6%3& ;,.01#+*.',(&0(&'"15%*(&5%2#+,%&).#%'-(8&C',&#("F1,+&(L%)*+&2%&-'&".%3&!"&;-1)3&('&()*(&/(2"%#+8&C'#+&
?("%1-&)%5*(&"(/.%'&)+&*'#+8&H4"0&'&'/1*&#1,'=1-&)+&);1"+&#4*(&#(/'3&'&)17(,%*&%5(0%'*&%,."%%-(&2%& 01$1-&!2%&;(,5%*(&)+&);1"+&'"15%*(&*'%"(3&7+,+&'1*.,%F',('&;,('-'@%-+&'&)1;(,%.,%-.,&)+%3&/'&7%&');,1&
(;%*(*(-( & @'*=.#.,%*.',( & '-( & .'5("%-., &#.51"%8 &C( &'#((' & ?("%%-(& )( & )(,/()# & 0( &5%=-.'#(-( & -., & 0(& ;(0(;)%*8&9(&-4"?+&7%(#',(&01$&#',(&#.51"%#+&#1&-15('&*(,()*,+&)*+&1"&'-*1-&:&#("F.,1-&)+13&1"&01$&
%"7.,5',(&:&#.")%0(,'*(&B;','".,5'-(E&0(&.51-&#.51"&:&!2%&7'#&.;(,'&#(,(')#+&2%&*'#8 )1;(,%.,&2%&5'%&(L;(,%5("*'*8&H15&!"#(',#+&)+&);1"+&#(&"1&*,(@1%(3&#("F.,1-&!-&.;,(2*(8
WVX ?271"%#+,%&5%"&?(, WVY
>%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&:&F&521'&#',*(

R0(('&()*(&.&7%%"6+:#'1F+3&;,.01#+*.',(&0(&(7(#*(&)%?1,(3&0'#+&(&*,%5%)+&!"*,:1"&5(0%1&0(&#1-*1,+& '.%&7'%&;%&5();+31,'*&"%#%25'*+&4,2-,()18&(0281*%0k9&I#*%/%*'*('&"(&()*(&%5;1)+3&2%&0%"&'#(')*+&#'1F+3&
1"0( & ;.'*( & )+ & ?(,5%"(F(8 & S' & ;.'*( & 01,' & 51-*+ & /,(5(3 & ;-1*%"0 & ;,%" & );'6%13 & 7+,+ & )+ & 5.',+3 & 0.',& *.*1-&!"&"'*1,+&)(&'7-+&!"*,:.&#."*%"1+&;,(7'#(,(&2%&(/.-16%(8&9,.?,()1-&)(&7'#(&0%"&#-%;+&!"&#-%;+3&!"&
/(?(*4"08&J.%3&("*%*+6%-(&#',(&/("%5&!"&#."*'#*&#1&/.%3&;,.01#(5&%0(%&2%&#1".'2*(5&;(,7(#*&;1*(,('& (*(,"%*'*('&;(&#',(&5%"*('&".')*,+&"1&.&;.'*(&#1;,%"0(8&I#()*'&()*(&5%)*(,1-&#(&0.5"(2*(&!"&/(2"%#%(8
-.,8&R0(%-(&'1&'"15%*(&7.,5(&2%&#1-.,%3&%',&;,%"&*,'%(#*.,%'&-.,3&;,%"&;,.;'?',('&-.,&)1@&7.,5+&0(&1"0(3& N("%1-&".)*,1&#.@.,4*&;(&;+54"*&"1&()*(&#(('&#(&)(&/(0(&:&1"&@%(*&#.;%-'23&#%&1"&01$&')%)*'*&0(&
;,.01#&)1"(*(&'1F%*(&"15'%&0(&".%8&9,%"&1,5',(3&%0(%-(&)1"*&).".,(3&#.-.,'*(3&'1&7.,5+&2%&)(&;,.;'?+& ".% & -' & F+5%)-%,(3 & -' & 0(F/.-*',(' & !" & ;4"*(#(-( & 5'5(% & )'-( & 2% & -' & "'2*(,(' & )'8 & J.% & '/(5 & ?,%=+ & )+:%&
;,%"&);'6%1&)1@&7.,5+&0(&1"0(8 5(0%15%F+5&#.,;1-3&;.*,%/%*&?,'01-1%&)+1&2%&'&5%)%1"%%&)'-(8&U(0%15%F',('&!"#(;(&#1&)%5;-'&%"*1%.%(&
o%(#',(&%0((&()*(&.&1"%*'*(&$%(,.?-%7%#+3&1"&)%5@.-&#',(&#(,(&51-*&*%5;&;("*,1&'&7%&0()#%7,'*&2%&'&%& *,14(')#+/&';.%&#1&%"*1%.%'&)4%,%*1'8+/&01;+&#',(&1,5('F+&'1M18&2%3&!"&7%"(3&0+M18&)4%,%*1'89
)(&!"6(-(?(&#."6%"1*1-8&C1$1-:#.;%-&'&!"/+6'*&?,(1&%0(%-(&2%&5'%&'-()&!"6(-()1-&-.,8&[.%&)1"*(6%&7(,%#%6%& U',%-.,&".')*,(&?("%%&-%&)(&'#.,0+&2%&#.,.'"'&5(0%15%*+6%%&6&41*(,('&;')#%"'*2',(&2%&0%"5(#+*2',(9&
'#153 & ;("*,1 & #+ & #(-( & 5'% & 51-*( & %0(% & '1 & 7.,5' & -., & ,('-%F'*+ & !"*,:1" & *,1; & )'1 & 7%%"6+ & #."#,(*+ & ;(& T"&')(5("('&.5&/'&/(0('&-15('&7%F%#+3&#1&.#$%%&)+%3&0',&/'&/(0('&2%&#1&);%,%*1-&!"&-15('&);%,%*1'-+8&
)1;,'7'6'&;+54"*1-1%8&W%#(6%&#')+3&5')+3&;.5&(*#8&2%&%5(0%'*&2*%6%&0();,(&#(&(&/.,@'3&0(.',(#(&-(:'6%& ['&'1F%&#1&1,(#$%-(&)'-(&/.,@(-(&)(5("%-.,&)+%3&0',&%5(0%'*&/'&,+)1"'&!"&%"*(,%.,1-&#';1-1%&)+1&2%&
/+F1*&0%"&#.;%-+,%(8&C',&#(&?,(1&(&)+&!"/(6%&%0(%-(&!"&5.0&'@)*,'#*M&P4,F%13&01$1-1%:#.;%-&%&):'1&#,('*& /.#('&);%,%*(-.,&0%"&=1,1-&)+18&9,%/%,('3&7%%"6'&)'&!"*,('?+&/'&7(,5(#'&;(&.,%#%"(&/'&/("%&!"&'*%"?(,(&#1&
0%"&(*(,&7.,5(-(&#.,();1"F+*.',(&%0(%-.,3&#'&)+&-(?(&".6%1"('&5(5.,'*+&0(&7.,5'&-.,8 (-8&P.6%&)(&/.,&)%56%&#'&/,+=%6%3&'*,'2%&#1&.&;1*(,(&0(&"(!"/%")&#+*,(&(-3&%1@%"01:<&2%&'05%,4"01:<8
C(&#4*(&.,%&):'&"+)#1*&0%"&;4"*(#(-(&5'5(%&)'-(3&.51-&'&*,(#1*&:&7.',*(&;(&)#1,*&:&;,%"&7'F(-(& H4"0&H(,1-&!%&/'&2.;*%3&(-&;.'*(&)+&/%"0(#(&'"15%6%&.'5("%8&a,@1-&/'&/(0('3&51*1-&/'&/.,@%3&
#.;%-+,%(%&01$1'-(8&C(&-'&"'2*(,(&2%&;4"+&;(&-'&*,(%:;'*,1&'"%3&#.;%-1-&'10(&5(,(1&/.,@(3&%0(%8&U'5'&%& )1,01-&/'&'1F%3&-(;,'3&#'"#(,1-&)(&/.,&)#1*1,'&0(&;(&*,1;1-&-.,&(*#8&C%"&?1,'&-1%&#1/%"*(-(&/.,&#1,?(&
-(&,(;(*+&2%&%0(%-(&)(&;,%"0&0(&);%,%*1-&)+1&!"*1"(#'*&0(&;(2*(,'&!"&#',(&):'&#.@.,4*8&H1&#(&?,(1*'*(& 01-#%&#'&5%(,('3&@-4"0(&2%&!"6(-(;*(8
);1"(&(-&#(-(&0.1+:*,(%&#1/%"*(&'1F%*(&5(,(1A&5':5'3&*':*'3&;':;'&(*#8&W%&0(&F%3&')%5%-('F+&%0(%&2%&
#1;,%")1-&-.,&%"*,%")(#8
R0(%-(&#%,#1-+&;,%"&);'6%18&!"&=1,1-&7%(#+,(%&;-'"(*(&#%,#1-+&%0(%-(&.5("%,%%&2%&'-(&#(*(-.,&!"?(,(2*%&0(&
;(&'#('&;-'"(*+3&;,(#15&2%&%0(%-(:.,0%"&/("%*(&0(&-'&#("*,1-&)%)*(51-1%&,();(#*%/3&.,%&0(&-'&H("*,1-& I0(/+,1-&0(;-%"&2%&'0(/+,1-&,(01)
0%/%"8&o%(#',(&;-'"(*+&!2%&',(&;+%("=("%21-&)+1&0(&%0(%3&;.*,%/%*&(/.-16%(%&)'-(&2%&'&("*%*+6%-.,&0%"&=1,1-&
(%8&o%(#',(&).',(&',(&.&'-*+&?'5+&0(&%0(%3&!"&,';.,*&#1&?,'01-&)+1&(/.-1*%/8&SL%)*+&'#15&!"&;,('=5'&
;-'"(*(%&".')*,(&51-*(&%0(%3&0(&'-&#+,.,&#."6%"1*&.5("%,('&0(&=.)&"1&',(&#1".2*%"6+8&C'#+&*.'*(&%0(%-(& C1;+&#15&!"/+6+54"*1-&*(,()*,1&!2%&',(&?,'0(-(&)'-(&;,.?,()%/(3&0(&-'&#-')'&'&R:'&;,%5',+3&;4"+&-'&
',&7%&#'"*."'*(&-'&7(-3&;(&1"&)%"?1,&)%)*(5&.,%&;(&.&)%"?1,+&;-'"(*+3&":',&5'%&7%&"(/.%(&)+&$.%"+,%5&0%"& #('&1"%/(,)%*',+3&*.*&')*7(-&#1".'2*(,('&I0(/+,1-1%&',(&?,'0(-(&)'-(8&I0(/+,1-&#1;,%"0(&!"&)%"(&.&)15+&
;-'"(*+&!"&;-'"(*+&2%&0%"&)%)*(5&!"&)%)*(53&!"&-1"?1-&2%&!"&-'*1-&'#()*1%&1"%/(,)8 0(&".6%1"%&)'1&#1".2*%"6(&#1&'*4*&5'%&!"'-*(3&#1&#4*&!"'%"*(F%&!"&-15('&);%,%*1'-+8&I#(-'2%&'0(/+,&;.6%&
R0(%-(&#',(&15;-1&);'6%%-(&%"*(,;-'"(*',(3&%"*(,)*(-',(&2%&%"*(,1"%/(,)1,%&'1&.&)%"?1,+&.,%?%"(3&)1"*& )+:<&0(F/.-6%&#1%/'&0%-1'*&)'1&#."#("*,'*3&0(F/.-*'*&)'1&,()*,4")8
(5'"'6%%&'-(&P'*+-1%&#(,()#3&!"*.#5'%&#15&'5&7.)*&(5'"'6%&".%3&01$1,%-(&0(&*.'*(&#'*(?.,%%-(8&H1&'-*(& H%"(&)(&,.'?+&!"&d'*+8&"2)*,1j&B>%&"(&%',*+&".1+&?,(2(-%-(&".')*,(3&;,(#15&2%&".%&%(,*+5&?,(2%6%-.,&
#1/%"*(3&%5(('&5%0%"+&()*(&2%&('&.&#,('6%(&%0("*%#+&#1&5%"(3&01$1-8 ".2*,%E3&);1"(&1"&'0(/+,3&0',&1"&'5(0+,&,()*,E")/&;.*,%/%*&.51-1%&)%5;-18&C'#+&'%&1,#'*&51-*(&*,(;*(&
R"&'7',+&0(&'#()*(&%0(%&0(&.,%?%"(&0%/%"+3&(L%)*+&2%&%0(%-(&;,.01)(&0(&".%3&01$1,%-(&0(&;,(*1*%"0("%8& '-(&/%(6%%&);%,%*1'-(3&7'#%&#1".2*%"6+&#1&-(?%-(&0(&"(!"7,4"*&'-(&P'*+-1%&#(,()#&2%&0%"&(-(&/(F%&#+&.&
R0(%-( & ".')*,( & )1"* & %5%*'6%% & '-( & %0(%-., & (5%)( & 0( &P'*+-8 & R0(%-(3 & /.,@%,(' &P'*+-1% & @,+F0('F+ & );'6%%-(& ?,(2('-+&#.5%)+&"1&)(&;.'*(&%(,*'3&.,%#4*(&,1?+#%1"%&'%&7'#(Q&('&*,(@1%(&%);+2%*+8&I*1"#%&'7-%&'#(-'2%&
%"7%"%*(&'-(&)7(,(-.,&#,('*(3&*,(#&;(&-4"?+&/.%3&0',&"1&-(&'1F%6%8&J1&(&0(&5%,',(3&;("*,1&#+&"%#%&".%&"1&-(& '0(/+,&')1;,'&?,(2(-%%&!"&5.0&5'%&0(F/.-*'*3&5'%&'5;-%7%#'*8&C%"&'#(')*+&#'1F+&*,(@1%(&)+&)*10%(5&
;(,#(;(58&R0(('&0%/%"+&',(&.&(L%)*("6+&%"7%"%*+&2%&01;+&#(&#%,#1-+&'"%&2%&5%%&0(&'"%&;,%"&*.'*(&)7(,(-(3& 7%(#',(&%0((8&K*10%%"03&#.")*'*+5&#+&7%(#',(&%0((&',(&.&(/.-16%(3&'0%#+&1"&#."6%"1*&"15%*&#1"23*%".+9&
)(&!"*.',#(&-'&0%/%"1-&(%&S5%6+*.,3&#'&'*,')+&0(&1"&5'?"(*8&R0(%-(&01$1,%-.,&#%,#1-+&"15'%&!"&=1,1-& a,&*.#5'%&'#()*&#."6%"1*&(/.-1('F+8
;-'"(*(%&.,%&'&).',(-1%&1"0(&*,+%()#&2%&01,'*'&-.,&0(&(L%)*("6+&()*(&#1&51-*&5'%&5%#+8 I5&);1)&#+&*.*1-&(/.-1('F+&!"&1"%/(,)&:&0(#%&2%&%0(%-(3&p%"(!"6(-()3&1"(-(&5'%&!"#(*3&'-*(-(&5'%&
c.-1-&%0(%-.,&(5'"'*(&0(&'"15%*(&o.,6(&0%/%"(&()*(&0(&'&)*%51-'&2%&0(F/.-*'&%"*(-%?("6'&01$1,%-.,& ,(;(0(Q&(/.-16%'&"1&()*(&1"%7.,5+8&K;%,%*1-&5%"(,'-3&/(?(*'-3&'"%5'-&2%&15'"&(/.-1('F+3&0',&7%(#',(&
'7-'*(& )1@& ?1/(,"',('&'#()*.,&o.,6(&0%/%"(8&9,%" &1,5',(3&%0(('&',(&;1*(,('&0(&'&7(#1"0'& 5'*(,%'& !"*,:1"&,%*5&0%7(,%*3&1"1-&7'6+&0(&'-*1-8&C(&')(5("('3&2%&)1;.,*1-&);%,%*1-1%&)'1&*,1;1-&5%"(,'-1-1%3&
);%,%*1-1%&1"(%&("*%*+6%&-%@(,(&)'1&!"*,1;'*(8&R0(%-(&0%/%"(&7(#1"0('F+&%"*(-%?("6(-(&*1*1,.,&#.;%%-.,&K+%8& ;-'"*(%3&'"%5'-1-1%&)'1&.51-1%&(/.-1('F+&!"&*%5;&%"(?'-8&H$%',&("*%*+6%-(&15'"(&(/.-1('F+&!"&;(,%.'0(&
J.%3&01$1,%-(3&7(#1"0+5&:&#1&#.,;1-&".)*,1&01$1'-&:&*,1;1-&2%&#.,;1-&/%*'-&!"&#',(&"(&!"*,1;+53&%',&-'& 0( &*%5; &0%7(,%*(8 & C1$1,%-( & ,.2%% & "(#()%*+ & 1"& *%5;& 0( & (/.-16%( & 0%7(,%* & 0( &#(-( & '-@')*,( & 2% & '2' & 5'%&
,4"01-&".)*,13&;,%5%5&'"15%*(&%5(%6;2,.+&0(&.,%?%"(&0%/%"+3&*+*',+3&#',(&"(&0(F/.-*+&%"*(-%?("6'8&C%"& 0(;',*(8 & S/.-16%' & /'-1-1% & ".)*,1 & 6%"( & ';,.L%5'*%/ & V\:Xq8q3qq & 0( & '"%8 & S/.-16%' & )%)*(51-1% & ".)*,1&
H("*,1&'&;.,"%*&"(@1-.')'8&C%"&H("*,1-&#,('6%%-.,&;-('#+&5(,(1&7-1%01-&"(#()',&)+&6%"+&!"&#."*%"1+& ;-'"(*',&/'&01,'&;()*(&F(#(&5%-%',0(&0(&'"%8&o%(#',(&#.,;&:&5',(&)'1&5%#&:&!2%&',(&*(,5("1-&)+1&0(&
'#*%/%*'*(&"(@1-.')'&2%&)+&7(#1"0(F(&5(,(1& 5'*(,%'&(%8&C',&'-+*1,%&0(&5'*(,%'&0(&*.'*(&?,'0(-(&'& (/.-16%(8&K;%,%*1-&5%"(,'-&/'&7%&!"#+*12'*&!"&#.,;1-&5%"(,'-1-1%&'*4*('&5%-%',0(&0(&'"%&#4*&/'&01,'&
"(@1-.')(%3&)1"*&7(#1"0'*(&"(#."*("%*&2%&%"*(-%?("6(-(&01$1,%-.,&'7-'*(&!"&)4"1-&"(@1-.')(%8&o-1%01-& '#(')*+&;-'"(*+8&C1,'*'&(/.-16%(%&;-'"*(-.,&()*(&#1&51-*&5'%&)#1,*+Q&1"(-(&2%:'1&*(,5%"'*&(/.-16%'&;(&
0%/%" & #',( & '#*%/('F+ & *.*1- & 0%" & )%)*(51- & 2% & 1"%/(,)1- & ".)*,1 & ()*( & 0( & *,(% & 7(-1,%8 & 9,%51- & 0%" & (-(& '#(')*+ & ;-'"(*+3Z & 0%);+,4"0 & #' & 7.,5(8 &P(,5%"4"01:2% & *,'%1- & ;( & '#(')*+ & ;-'"(*+3 & 1"(-( & '"%5'-( & '1&
7(#1"0('F+&?-.@1,%-(&0(&*.'*(&5+,%5%-(&2%&(/.-16%%-(8&I-&0.%-('&7(#1"0('F+&5(0%1-&7-1%0%#&0%"*,(&(-(8& ;-(#'*3&-+)4"0&*%;',1-&7.,5(%&-.,&!"&)*,'*1,%-(&;+54"*1-1%&)1@&7.,5+&0(&7.)%-(8&I2'0',&7%(#',(&,(?"&!2%&
I-&*,(%-('&7(#1"0('F+&%"*(-%?("6(-(&*1*1,.,&("*%*+6%-.,&0%"&=1,1-&2%&0(&;(&7%(#',(&#.,;&#(,()#8 ',(&01,'*'&0(&(/.-16%(8
P.'*+ & 5'*(,%' & ;.,"%*+ & 0%" & H("*,1- & #,('*., & *,(@1%( & )*%51-'*+ & !" & ;(,5'"("6+ & 0( & P'*+- & #("*,'-8& !"&'7',+&0(&#(&()*(&/%1&;("*,1&/.%&:&%5;,.;,%1&);1)3&#+#%&*.*1-&()*(&/%1&:&!"&);'6%1&#%,#1-+&/%(*+6%&
p+*,4"(-(&/.')*,(&,.)*()#&1"&5',(&'0(/+,3&#4"0&);1"&1"(%&*%"(,(&7(*(A&BK+:6%&0('&C15"(F(13&5+%#1-%6+3& "15%*(&%5(%9&I5&);1)&#+&%0(('&',(&.&7.,5+&2%&1"&#."6%"1*3&%',&#."6%"1*1-&(%&)(&"15(2*(&#1".2*%"6+8&
2%&6%(&1"&#.;%-E8&o+,+&).)%,('&1"1%&'"15%*&7-1%0&7(5(%'&"1&;.'*(&#."#(;(8&C(?('@'&)(&/.,&B%1@%E&#(%& C'#+&5:'%&!"*,(@'&#(&()*(&.&%0((3&6%:'2&,+);1"0(A&.&7.,5+&/%(8&H(&#."6%"(&7.,5'D&a&#1".2*%"6+8&R0(%-(&
0.%&).6%3&#+#%&"1&/.,&'/('&@1#1,%'&0(&'&)*,4"?(&!"&@,'6(-(&-.,&1"&#.;%-'23&0'#+&"1&-(:'&).)%*&.&'"15%*+& )1"*&-'&7(-D&!6%&/.%&,+);1"0(&#+&"18&o%(#',(&%0((&!2%&',(&7.,5'&)'8&C1$1-&/'&%"*(,;,(*'&#."6%"1*1-&1"(%&
,'F+&7-1%0%#+8 %0(%&01;+&?,'01-&)+1&0(&(/.-16%(8&K+&5+&(L;-%#8
R'1&%0((' &#')+9 &P.'*(&%0(%-(&0(&#')+&)1"*&%0("*%#(&#'&7.,5+3&0',&#."6%"1*1-&-.,&/'&0%7(,%3&01;+&
C%"&H("*,1-&#("*,1,%-.,&"1&;-('#+&1"&)%"?1,&7-1%0&7(#1"0'*.,3&#%&.&)(,%(&0(&7-1%0(3&7%(#',(&7(#1"04"0& ?,'01-&0(&(/.-16%(&'-& ("*%*+6%%& );%,%*1'-(& 2%3&!"&?("(,'-3&'-&5(0%1-1%& )+1&!"#."=1,+*.,8& H')'&()*(&.&
1"&'"15%*&#.,;&5'*(,%'-&)'1&01$8&o%(#',(&#.,;&)'1&01$&',(&.&'"15%*+&7.,6+&0(&)(-(#6%(3&(L*,+?4"0&#(:%& #.")*,1#6%( & !" & #',( &.51-& )( & '0+;.)*(2*( & 0( & %"*(5;(,%%8 &p.,0(%1- &6%?'"1-1% & ( &*.* & .& #')+Q & -.#1%"6'&
*,(@1%(&0%"&51-*%*10%"('&0(&7-1%0(&#(&*,(#&;(&-4"?+&(-8&o(#1"0',('&)(&7'#(&);(#%'-&;("*,1&7%(#',(&7(-&0(& ?.);.0',1-1%&0(&-'&.,'2&(&.&#')+&5'%&#."7.,*'@%-+3&5'%&#%/%-%F'*+Q&;'-'*1-&5',%-.,&5%-%."',%&(&*.*&.&
5'*(,%(&:&7%F%#+3&7%F%#.:;)%$%#+&)'1&;)%$%#+&:&7+,+&"%#%&.&?,(2('-+8&U'*(,%'&2%&01$1-&;',(&#+&'1&1"& #')+8&C'#+&',&/("%&1"&.5&0(&;(&.&;-'"(*+&%"7(,%.',+&9+54"*1-1%&2%&-:'%&!"*,(@'&#(&()*(&.&#')+3&(-&!6%&/'&
%")*%"#*&0(&'&'*,'?(&2%&,(6%"(&.&'"15%*+&#'*(?.,%(&0(&7-1%0(&"(#()',(&-.,&0%"&5',(-(&#1,("*&/("%*&0(&-'& 0()#,%(&.&#.")*,1#6%(&')(5+"+*.',(&1"1%&@.,0(%8&a&("*%*'*(&0(&;(&;-'"(*'&".')*,+3&!"*,(@'*+&0(&%0(('&
H("*,1-&0%/%"8&a,%#',(&',&7%&"'*1,'&'#()*1%&7-1%0&7(#1"0'*.,3&)#.;1-3&"'*1,'&-1%&()("6%'-+&()*(&0(&'&;1"(& #')+3&!6%&/'&0()#,%(&#.")*,1#6%%-(&7,15.')(&0%"&5',%-(&.,'2(8&!")+&(L%)*+&;-'"(*(&1"0(&#')'&()*(&.&
5(,(1&!"&'#6%1"(&*.*&#(&(L%)*+&!"&"'*1,+8 #.")*,1#6%(&#1&51-*&5'%&',*%)*%#+3&#1&0%);.F%*%/(&#(&')%?1,+&1"&#."7.,*&"(#1".)#1*&!"#+&'%#%8&!"*,(@'*+&
9')%/%*'*(3&%"'#*%/%*'*(&"1&(L%)*+&"%#+%(,%&!"&#.)5.)8&9,%"&'#()*&#1,("*3&P'*+-&!5;%"?(&-'&'#*%/%*'*(& #(&!"6(-(?(&;,%"&%0(('&#')+3&("*%*'*('&0(&;(&;-'"(*'&,();(#*%/+&',&0()#,%(&.&-.#1%"6+&;,%"&%0(%&'-&#+,.,&
;(&*.6%&#.;%%%&K+%3&0(&;,(*1*%"0("%8&9,%"&%0(%-(&*,%5%)(3&P'*+-&"(&);1"(A&iR1/&?,('*2,18&02)*,1&"1&)*'1 & #."6%"1*&".%3&#(%&0(&'%#%3&"1&-:'5&#1;,%"0(3&0(.',(#(&"1&'5&'=1")&!"#+&-'&?,'01-&#1".'2*(,%%
"%#%25'*+&3%&02%&*,(A1%(&)+&81#,'.%&#'&J%"(/&"(#2"*("%*9&>'#+&06'3;%&5'*&;'#18*'*('&%"'#*%0%*+.%%/&"1
WVZ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&a&F&521'&#',*( ?271"%#+,%&5%"&?(, WV[

1"(%&')(5("('&#')(8&K1;1)(&1"1%&(L'5("&,(7(,%*.,&-'&%0(('&#')+3&*,(%&("*%*+6%&0(&(/.-16%%&0%7(,%*(&(5%*& H,(',('&;-'"*(-.,3&'"%5'-(-.,&2%&.51-1%
%0(%&#1&#."6%"1*&0(.)(@%*8&S"*%*'*('&0(&;(&.&;-'"(*+&%"7(,%.',+&"1&'&/+F1*&2%&'1F%*&0(#4*&0(&.&#')+&
')(5+"+*.',(&1"1%&@.,0(%8&S"*%*'*('&0(&;(&;-'"(*'&".')*,+&/'&0()#,%(&#')'&(L;1"4"0&!"7+6%2',('&(%&
(L*(,%.',+&2%&%"*(,%.,1-&)+1Q&0()#,%(,(&;(&#',(&("*%*'*('&%"7(,%.',+3&/("%*+&0(&;(&.&'-*+&;-'"(*+3&1"0(&"1& W'-(-(&'#()*('&*(:'%&!"*,(@'*&0'#+&(&;(,5%)&1"1%&);%,%*&)+&)(&5'*(,%'-%F(F(3&)+&%'&.&7.,5+&*,1;(')#+&
'&/+F1*&'2'&#(/'3&"1&.&/'&!"6(-(?(&"1&/'&;1*('&;,%#(;(&#."6%"1*1-&'#(-(%&%0(%8&H(&)+&5'%&);1"(5&0(& 2%&)+&)(&!"7+6%2(F(&#1%/'8
%0(('&#.")*,1#6%%-.,&7'"*')*%#(&0(&;(&'-*(&;-'"(*(3&5'%&'/'")'*(&0(#4*&'&".')*,+D&R0(('&(&1"&7(-&0(& P,1;1- & .,%#+,(% & 7%%"6( & #( & *,+%(2*( & ;( & )1;,'7'6' & '#()*(% & ;-'"(*(3 & "1 & ()*( & '-*#(/' & 0(#4* & 5'*(,%'&
?(,5("(3&#',(&)(&0(F/.-*+&*,(;*'*3&;','-(-&#1&(/.-16%'&(%&2%&'&%"0%/%01'-%*+6%%&15'".:01$1'-+8 '#()*(%&;-'"(*(3&*,'")7.,5'*+&;4"+&-'&?,'01-&0(&'&"1&5'%&;1*('&@+"1%&#+&'&7.)*&;+54"*8
I#15 & 5+ & !"*.,# & -' & '0(/+,1- & ;,.;./+01%* & 0( & C.5"1- & ".)*,1 & R)1) & H$,%)*.)8 & S- & ' & #.51"%#'*& p%@-%'&);1"(A&BC15"(F(1&'&-1'*&6+,4"+&2%&'&7+#1*&;(&.5E8&C'3&('&);1"(&1"&5',(&'0(/+,3&0',&
1#("%#%-.,&K+%&,1?+#%1"('&0.5%"%#'-+&d'*+8&"2)*,19&C',&)+&/(0(5&#15&'1&7.)*&;,(0%#'*(&!"/+6+*1,%-(& /.'-'*3&'*4*&0(&'#.;(,%*3&!"#4*&@%(*1-&.5&#,(0(&#+&(&.&)%5;-+&;./()*(8&C',&p%@-%'&);1"(&5'%&0(;',*(A&
K'-(I&#15&-(:'1&;,.;./+01%*&';.)*.-%%&2%&#15&'1&7.)*&(-(&)#,%)(8 BC1;+&#(&%:'&0'*&7.,5'&0(&.53&'&)17-'*&C1$&0%/%"&')1;,'&-1%&2%&<:'&7+#1*&/%1E8
!"/+6+*1,%-(&U4"*1%*.,1-1%&".)*,1&'1&7.)*&0'*(&';.)*.-%-.,&;.*,%/%*&?,'01-1%&-.,&0(&(/.-16%(8&J%#%& 9,%51-&.5&()*(&5'*(,%(&;-'"(*',+3&*,'")7.,5'*+&2%&;(&1,5+&/%/%7%#'*+&0(&C%/%"%*'*('&#("*,'-+3&
';.)*.-%%&":'1&7.)*&0(&'#(('2%&(/.-16%(8&U4"*1%*.,1-&'&/.,@%*&#1&7%(#',(&!"&;',*(&2%&5(,(1&-(:'&);1)& ;1"4"0&!"&(-&1"&01$8&C',&p%@-%'&0(&1"0(&'&-1'*&'#()*&'0(/+,D&C(&-'&".%3&#(%&0%"&);'6%18
1".,'&1"&'0(/+,&5'%&0(F/.-*'*3&2%&'-*.,'&1"&'0(/+,&5'%&,()*,4")8&U%)*(,1-&'#()*'&-:'1&#1".)#1*&2%& H(('&#(&'&7+#1*&C%/%"%*'*('&'*1"#%3&'F%&',&7%&.&!"#+-#',(&0(&-(?(D&C'&2%&"18&C'3&;("*,1&#+&#(('&#(&
(/'"?$(-%2*%%3&2%&(%&'1&)#,%)&(/'"?$(-%%-(&;.*,%/%*&?,'01-1%&0(&(/.-16%(&'-&.5("%,%%&0(&;(&'*1"#%3&#'&)+&)(& ):'&7+#1*&#1&5%-%.'"(&0(&'"%&!"&1,5+&"1&*,(@1%(&)+&)(&5'%&7'#+&'F%8&J1&;("*,1&#+&.&5'*(,%'-%F',(3&()*(&
;.'*+&#,(2*%"'&)'1&@.*(F'&!"&%0(%-(&C.5"1-1%&".)*,13&;,('5+,%*'&G15%"+&'&)%)*(51-1%&".)*,18&P.*&#(&): 1"&'#*&(L;(,%5("*'-3&;(,5%)&1"(.,%&2%&!"&'"15%*(&-.#1,%&0(&;(&)1;,'7'6'&;+54"*1-1%3&0(&#+*,(&5',%-(&
'&);1)&'&7.)*&#."7.,5&5("*'-%*+6%%&0(&'*1"#%8&H(-.,&0(&'F%&:&2%3&5'%&'-()3&#(-.,&#1&.&(/.-16%(&;(,)."'-+& G15%"%&'-(&H(,1,%-.,8
5'%&'/'")'*+&:&-%&)(&;.'*(&);1"(&#."6%"1*1-&)1;(,%.,&'-&%0(%-.,3&0(.',(#(&(/.-16%'&-.,&-(&;(,5%*(&)+&'7-(& G'&!"#(;1*1-&'#*%/%*+6%%&)'-(3&;-'"(*'&".')*,+&"1&(,'&-.#1%*+&0(&.'5("%8&S'&'/('&!"&(*(,1-&0%"&=1,1-&(%&
7+,+&"%#%&1"&;(,%#.-&0(&'&)(&*1-@1,'&2%&7+,+&"%#%&.&,();.")'@%-%*'*(3&;("*,1&("*%*'*('&#',(&-(:'&;,(F("*'*& -15('&!"?(,%-.,&;-'"(*',%&2%&;,%"*,(&(%&(,'1&2%&!"?(,%%&).-',%3&/("%6%&0%"&K.',(&)+&#,((F(&*,1;1-&15'"8&K+&
#."6%"1*1-&,();(#*%/8 "(&!"*.',#(53&#1&?4"01-3&-'&(;.#'&0(&'*1"#%&:&'&#,('6%%-.,&)'1&'&5'*(,%'-%F+,%-.,8&R"&1,5+&#1&5%-%',0(&
I0(/+,&?,+%()#3&#4"0&/+&);1"&#+&?,(2('-'&"1&)(&%',*+8&C',&0(&'#()*&'0(/+,&"1&*,(@1%(&)+&'7-(&.51-& 0(&'"%3&5'*(,%'&'#()*(%&;-'"(*(&*,(#('&;,%"*,:.&;(,%.'0+&0(&*,'")7.,5+,%&#$%5%#(&2%&7%F%#(8&I#(')*+&
0(&,4"08&J1&(L%)*+&%(,*',(&#4"0&):'&7+#1*&.&?,(2('-+8&G(?('&(&-(?(3&(&0,(';*+&2%&/(2"%#+3&"%#%&P'*+-& 5'*(,%(&"1&;1*('&0(&-'&)%"(&)+&;,.01#+&#(/'8&C(&'#(('&'1&/("%*&("*%*+6%&);%,%*1'-(3&!"?(,%&).-',%3&#',(&)+&
#(,()#&"(;1*4"0:.&!"#+-#'8&I1*.,1-&-(?%%&"1&;.'*(&!"#+-#'&;,.;,%'&K'&-(?(8&H%"(&'&7+#1*&.&?,(2('-+& #,((F(&#1&5'*(,%'&;+54"*1-1%&7.,5(&0(&;-'"*(3&'"%5'-(&2%&.'5("%8&a&0'*+&#1&0(F-%;%,('&?-.@1-1%&
*,(@1%(&)+&;-+*(')#+3&;4"+&-'&1-*%5'&#("*%5+8 (*(,%# & 0%" & "(@1-.')' & ).-',+ & : & #',(3 & ;,%" & ,+#%,(3 & /' & 0' & "'2*(,( & P(,,(% & : & . & -15( & 0()(5"'*+ & 0(&
C',&#1%&;.6%&)+:%&);1%&5'%&;(&-',?&'#()*&'0(/+,D&J(?,(2%*3&#(-1%&#',(&"1&5'%&',(&!"#-%"',(&0(&'&5'%& N1/(,"'*.,1- & ).-', & ' & ;-(#'* & 0%" & K.',(8 & a & 0'*+ & #1 & 0();+,6%,(' & 9+54"*1-1% & 0%" & "(@1-.')' & ).-',+3&
?,(2%8&H(-&#(&"1&5'%&;.'*(&?,(2%&;.'*(&)+&'7-(&#+&?,(2('-'&"1&(L%)*+&2%&0(#%&C15"(F(1&":',(&#(&%(,*'8& '#(')*+&-15(&/%"(&)+:2%&01#+&*,'%1-&!"&'*5.)7(,'&7-1%0%#+&'&9+54"*1-1%3&%0("*%#+&-'&!"#(;1*&#1&#('&
I#()*&'0(/+,&()*(&#1".)#1*&0(&".%3&0',&"1&!"0,+F"%5&)+:<&'7%,5+5&!"&.,%#(&#(,#&2%&.,%#+,(%&;(,).'"(& ).-',+8&G15('&0(&;(&#('&5'%&!"0(;+,*'*+&;-'"(*+&'&'#()*1%&)%)*(5&/(0('&;(&#(,3&!"&'7',+&0(&K.+,(-(:
/("%*+&'#.-.3&0(.',(#(&"1&"(&;(,5%*(&(/.-16%'&-.,8 P'*+3&;(&1"&'-*1-&5'%&5%#3&#.;%-1-&)+13&7%1&#',(&"1&)(&0(.)(@('&!"*,1&"%5%#3&0%"&;1"#*&0(&/(0(,(&7%F%#.:
[.%&?("(,'6%&)17(,%"6(&2%&01,(,%&';,.';(-1%&/.)*,18&H,('*.,1-&"1&(&/%"./'*&0(&'#6%1"('&/.')*,+8&S-3& #$%5%#3&0(&*'*+-&)+13&K.',(-(8&I"%%&)(&)#1,?&#1&5%-%.'"(-(&2%&#.;%-1-&!"#(;(&)+&%'&'-*&');(#*8&9-'"(*'&
2*%%"0&#4*&0(&,(012%&)1"*(6%3&/+&%',*+3&;,%"&%"7%"%*'&K'&@1"+*'*(3&0',&0(&)17(,%"6'&;,.01)+&#15&/,(6%&)+& !"#(;(&)+:2%&#."#("*,(F(&5'*(,%'&#('&5'%&0(")+&#+*,(&#("*,1-&)+13&')*7(-&#+&).-%0%7%#',('&'&!"#(;1*&0(&
/+&0(F-(?(D -'&#("*,13&%',&"1&0(&-'&)1;,'7'6+3&#15&)(&#,(0(&!"&-15('&/.')*,+3&F%)+&)'/'"*+8&!"*,('?'&)(,%(&0(&5'*(,%%&
H%"(/'&'&1#%)8&H,('*.,1-&!-&%',*+3&;("*,1&#+&!%&2*%(&"(;,%#(;(,('8&K+&;,()1;1"(5&#+3&/("%"0&)1)&-'& ):'&.,0."'*&0(&-'&#("*,1&#+*,(&;(,%7(,%(8&I)*7(-3&-'&#("*,1&):'&#.")*%*1%*&).-%01-3&!"&=1,1-&-1%&:&-%#$%01-&
".%3&/%#*%5'&%',*+&2%&('3&0',&#1&)17(,%"6'&;,.01)+&/%#*%5(%&#15&,+54"(D&K(&;.'*(&%(,*'D&C'3&',&7%& !"/(-%*&0(&?'F(3&2%3&!"&7%"(3&-'&;(,%7(,%(&):'&7.,5'*&;+*1,' &?("(,'-+&0(&(*(,&;-'"(*',8&C1;+&';',%6%'&
;.)%@%-3&0'#+&):',&0%)*,1?(&(;(#*18&?,(2(-%%3&0',&"1&):'&7+#1*&.&?,(2('-+3&(%&.&'#6%1"(&#(&',(&1"&(7(#*8& 1)#'*1-1%&2%&'&';(%&.#('"(-.,3&!"#(;&)+&';',+&*.'*(&7(".5("(-(&0(&;,(7'#(,(&'-(&5'*(,%(%&F%)(&%"(,*+3&'&
I#6%1"('&:&!"&#$%;&0(&#'1F+&:&;.'*(&7%&%(,*'*+3&0',&#15&,+54"(&#1&(7(#*1-&'#()*(%&'#6%1"%D&P'*+-&2%& /%(6%%&5%"(,'-1-1%3&!"&/%(6%&#1&7.,5(&)1;(,%.',(8
/%#*%5'&%',*+&;(&1#%?'23&0',&*,1;1-&1#%)&)(&5'%&;.'*(&,(7'#(D&J18&C'#+&1#%?'21-&"1&;.'*(&!"/%'&*,1;1-& IF%3&.'5("%%&7'#&;(&9+54"*&2#.'-+8&9(&/,(5('&'#(('3&!"?(,%%&!2%&7+#('1&'%#%&2#.'-'&#,('6%%-.,3&!"?(,%%&
0%)*,1)3&(7(#*1-&'2':F%)(%&?,(2(-%&"1&5'%&;.'*(&7%&'"1-'*8 "1&/.,&1%*'&"%#%.0'*+&#(('&#(&'1&7+#1*&'*1"#%3&;("*,1&#+&.;(,'6%%-(&0(&#,('6%(3&0(&5'*(,%'-%F',(&-(:'1&
I*4*'&/,(5(&#4*&(7(#*1-&'#6%1"%%&"1&;.'*(&7%&0%)*,1)3&;,%"&"%#%&.&7.,6+&0%"&-15(3&%(,*',('&P'*+-1%3&'& 7+#1*&5%-%.'"(&0(&'"%3&,(;(*4"0&5(,(1&'#(('2%&.;(,'6%(&2%&;(,7(#6%."4"0:.&0%"&#(&!"&#(&5'%&51-*8&
o%1-1%&2%&'&K74"*1-1%&C1$&"1&;.'*(&;,.01#(&"%#%&1"&(7(#*3&;("*,1&#+&!"*,(&/%#*%5+&2%&'1*.,1-&#,%5(%&):'& C1;+&#(&'1&*,(#1*&7'F'&#.5@%"'6%%-.,&7%F%#(&2%&#$%5%#(3&7'F'&0(&-'@.,'*.,3&!"?(,%%&'1&!"#(;1*&.;(,'6%%-(&
%"*(,;1)&(7(#*1-3&#',(&"1&;.'*(&7%&0%)*,1)&!"&/(#%%&/(#%-.,8&S7(#*1-&*,1;1-1%&1#%)&'&,+5')&!"*%;+,%*&!"& -.,&0(&#,(',(3&;.,"%"0&0(&-'&/%(*+6%-(&#(-(&5'%&5%#%&2%&5'%&)%5;-(3&2%&'"15(&#1&;-'"*(-(8&H4"0&;(&
5(5.,%'&'1*.,1-1%8&J1&/'&7%&1%*'*+3&2*(',)+&0%"&5(5.,%'&)'&);%,%*1'-+&0(#4*&!"&#'F1-&#4"0&'1*.,1-&',&7%& ;+54"*&1"&(-(/&0()#.5;1"(&';'&!"&.L%?("&2%&$%0,.?("&2%&';.%&-(&,(#.5@%"+3&7+#4"0&';'&-'&-.#3&(-&"1&
0%)*,1)&#'&);%,%*3&#(('&#(&"1&.&;.'*(&7'#(&"%5("%&!"&-15(8&I2'0',3&(7(#*1-&"(;1*4"01:)(&0%)*,1?(&05& /'&1%*'&!"&/(#%%&/(#%-.,&#+&';'&()*(&#.5;1)+&0%"&0.1+&(-(5("*(&#$%5%#(3&;(&#',(&/'&2*%&#15&)+&-(&
5(5.,%'&("*%*+6%%&#',(&'&;,.01)&)17(,%"6'3&,(F1-*+&#+&('&*,(@1%(&)+&,(;',(&:&;,%"&%1@%,(&:&)17(,%"6'& 0()#.5;1"+&2%&,(#.5;1"+8
';-%#'*+&)(5("1-1%&)+18 I1&*,(#1*&5%-%',0(&0(&'"%&0(&#4"0&!"?(,%%&"1&5'%&7'#&(L;(,%("6(&0(&5'*(,%'-%F',(&;(&'#(')*+&;-'"(*+&2%&
K+&;,()1;1"(5&#+&P'*+-&2*(,?(&0%"&5(5.,%'&'1*.,1-1%&(7(#*1-&'#6%1"%%&#.5%)(&0(&(%8&H'&1,5',(& #1&*.'*(&'#()*('3&(%&-(&;.*&7'#(&.,%#4"08&C',&)+&"1&)(&#,('0+&#+&#(('&#(&):'&,('-%F'*&!"&)1*(&0(&5%-%.'"(&
1#%?'21-&#.5%*(&#,%5(&-'&%"7%"%*&2%&"1&/'&5'%&(/.-1'&"%#%.0'*+8 0(&'"%&)(&;.'*(&,(7'#(&'#15&!"*,:.&#-%;+8&C'#+3&0(&(L(5;-13&):',&#(,(&)+&)(&7'#+3&'#153&1"&5'51*3&
a51-&#',(&'&?,(2%*&:&;,.01#4"0&';,.';(-1%&)+1&.&;'?1@+3&%")1-*+3&01,(,(3&#,%5+&:&*,(@1%(&)+& !"?(,%%&-:',&;1*('&7'#(3&0',&;("*,1&'#(')*'&-(:',&*,(@1%&*%5;&2%&51-*+&51"#+8&I;.%3&#'&(-&)+&0(/%"+&/%13&
,(;',(&?,(2('-'&)'8&!"*,(&/%#*%5+&2%&'1*.,&):'&)*'@%-%*&0%"&'#(-&5.5("*&1"&,';.,*3&.&-(?+*1,+&);%,%*1'-+8& ', & 5'% & *6(@1% & )+ & '01#+ & 0( & '%1,(' & 1" & 01$ & 0( & 5'51* & 2% & )+:< & %"*,.01#+ & !" & 7.,5' & 5'51*3 & !"?(,%%&
J%#%&'1*.,1-3&"%#%&/%#*%5'&"1&)(&;.*&0(F-(?'&0(&-(?+*1,'&"(/+F1*+3&7-1%0%#+&)*'@%-%*+&!"*,(&(%8 '-#+*1%()#&7.,5'&5'*(,%'-+&0%"&5'*(,%'&F%)+&%"(,*+&'& '#()*(%& ;-'"(*(8& C',&#(&()*(&,"'*(,%' &%"(,*+D&
C.5"1-&".)*,1&R)1)&H$,%)*.)&'&,(#.5'"0'*&)+&%(,6%&5(,(13&0(&2';*(&F(#%&0(&.,%&#4*(&ä';*(8&9("*,1&#(D& J'*(,%'&%"(,*+&()*(&7%"(,'818/&%',&7%"(,'818&()*(&2&)17+&("2,7+&5(&51$1,%&7%"(,'8(/&8'8%4%*(&1"(8(&5(&
9("*,1&#+&*13&/%#*%5+3&%(,*4"0&;(&#(-&#(&6%:'&?,(2%*3&;,%"&!")+2%&'#()*&7';*&'%&,1;*&-(?+*1,'&)*'@%-%*+&!"*,(& '8*(8(/&;%(#',(&'z+"5&!"&G1,18&82,&1"&-,14&5(&4',*%#18(60%'.+/&#(&;2,7('M+&;81%518&7%"(,'89 &K+&5+&
*%"(&2%&'1*.,1-&?,(2(-%%8&J1&5'%&(2*%&"(/.%*&)+&/%%3&!"&'-*+&/%'6+3&!"&;,('=5'&'1*.,1-1%3&;("*,1&':%&0'& (L;-%#&5'%&@%"(8&91%&;(&.&5')+&1"&@.-./'"8&9%'*,'3&#'&.,%#(&!"&-15(3&E()*(&!"#."=1,'*+&0(&7-1%01-&)+1&
.#'F%'&)+&,(;',(&;'?1@'3&01,(,('3&'#6%1"('&;,.01)+&')1;,'&*'8&C()*%"1-&*+1&(&-%@(,&0(&'#()*&,';.,*8&K(& 5%"(,'-8&C'#+&(13&#1&;1*(,('&5('3&0(7-1%0%F(F&#.,;1-&;%(*,(%3&%5(0%'*&!"*,1;'6%%&0(&-4"?+&*%"(&"1&/.,&
)#$%5@+&)%*16%'&!"&#(('&#(:<&;,%/(2*(&;(&'1*.,8&S-&/'&#+1*'&5(,(1&)+&1,5+,(')#+&,(!"*,1;',('&/%#*%5(%& 5'% & /(0(' & "%5%# &;( & 5')+8 & 9%'*,' & ' & 0%);+,1* & 0(.',(#( & %:'5& )#.) & 01@-1- &)+13 &#',( & 6%"(' & 01$1,%-(&
)'-(3&;("*,1&#'&!"*,:.&'-*+&/%'6+&)+&,(;',(&'#6%1"('&)'8&S-&*,(@1%(&)+&,(;',(3&#'&)+&2*(',?+&0%"&',$%/'&)'& 5%"(,'-(&'-%;%*(&2%&#',(&'#153&0(;+,*4"01:)(&1"(-(&0(&'-*(-(3&;%'*,'3&#'&2%&#.,;&).-%03&):'&0()#.5;1)&!"&
)#,%)1-&7';*(%&)'-(8&c(;',4"0&?,(2('-'&#.5%)+3&(-&)(&(-%@(,('F+&0(&!",(?%)*,',('&!"&5(5.,%(&'&%5'?%"%%& (-(5("*(-(&#.5;."("*(&,%)%;%*(8&C'#+&%(%&1"&')(5("('&@1-?+,(&0(&;%'*,+&2%:<&)7+,45%3&7'#%&0%"&(-&.&
'#6%1"%%&)'-(3&#',(3&'-*7(-3&!-&/'&';+)'&!"&/(2"%#%(8&a&0'*+&#(&/'&7'#(&1"&'#*&.',(#',(&0(&%1@%,(3&)(&/'& 7+%"+8&9%)(F%&'#(')*+&7+%"+3&;4"+&.&7'#%&0(&.&7%"(6(&0(.)(@%*+8&p.@1-&'@%'&/%F%@%-&()*(&*.*&5%"(,'-3&*.*&
2*(,?(&0%"&',$%/'&-1%&7-1%0%#+&.,%#(&1,5+&'&7';*(%&)'-(&2%&0(&'#15&!"'%"*( &e &0()*%"1-&)+1&!2%&/'&1,5'& ;%'*,+3&;("*,1&#+&(-&',(&"("15+,'*(&7.,/%);%%&0(&5%"(,'-(3&'-%;%*(&1"(-(&0(&'-*(-(&;,%"&;1*(,('&0(&
#'-('8&G(?('&P'*+-1%&'&7.)*&)'*%)7+#1*+8&T,'3&;'?1@'3&01,(,('&):'1&*,'")7.,5'*&!"&%1@%,(&:&*(5(-%'& #.(F%1"(&'&7-1%01-1%&5%"(,'-&#(&!-&!"#."=.',+8&9(&@'F'&'#()*(%&/')*(&2*%%"6(&7%F%#.:#$%5%#(3&!"?(,%%&;.*&
(L%)*("6(%&*1*1,.,&-15%-.,8 #,('&.,%#(&;%'*,+8&!"&'"'-(-(&/.')*,(&);%,%*%)*(&)1"*&'5%"*%*(&#,('6%%&0(&;%(*,(&;,(6%.')(8
WV\ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&:&F&521'&#',*( ?271"%#+,%&5%"&?(,
WVT
!"?(,%%&'1&!"/+6'*3&*(.,(*%#3&!"&K.',(&5.01-&0(&'&#,('&0%"&5%"(,'-(&7.,5(&)1;(,%.',(3&;(&#',(&';.%&
)+&-(&/%/%7%#(&1"&01$8&C1;+&#(&'1&!"/+6'*&*(.,%'3&!"?(,%%&2*%1&)+&.&;1"+&!"&;,'#*%#+8&a'5("%%&;.*&'7-'&0(&
'#(')*+&2*%%"6+3&0',&"1&.&/.,&;1*('&;1"(&!"&;,'#*%#+8&R"&'#(')*+&0%,(#6%(&.'5("%%&;.*&!"/+6'&*(.,(*%#&0(&
-'&-15('&'"?(-%#+3&0',&"1&;.*&7'#(&#(('&#(&(%&'1&#,('*&;(&P(,,'&-'&!"#(;1*1-&/%(6%%&.5("(2*%8
G'&!"#(;1*3&;-'"(*'&".')*,+&'&7.)*&;.;1-'*+&"15'%&0(&-15('&'"?(-%#+&/("%*+&0%"&K.',(8&I-+*1,%&0(& -1#,'*8&H1&#(&'%&7+#1*&5'%&*4,F%1&'"%5'-(-(&2%&;(&.53&#1&?+1,%-(&.#$%-.,3&#1&?1,'&-1%&7,15.')+ZD
!"?(,%%&).-',%&'1&).)%*&2%&)1@'-*(,"%%&-.,&:&!"?(,%%&;-'"(*',%8&K.)%6%&;(&'#(')*+&;-'"(*+3&(%&'1&;1)&!"& : C,'?1-&5(13&".%&)1"*(5&7%%"6(&#'&*%"(3&7-1%0%#(&2%&0(&7.,5+&)7(,%#+3&01;+&#15&/(F%&J1&'/(5
;,'#*%#+&*(.,%%-(&-.,&')1;,'&5'*(,%(%&5%"(,'-(&;,%5(&'&;+54"*1-1%8 54%"%&2%&"%#%&1"&7(-&0(&%")*,15("*&#1&#',(&)+&-1#,+58&S&0,(;*&#+&7'6+&0(&".%3&5'*(,%'&5%"(,'-+&'
J(@1-.')'&'#()*1%&)%)*(5&;-'"(*',&'&;.,"%*&0%"&K7(,'&0%/%"+3&0%"&U'5',3&#1&*.'*+&5'*(,%'&7-1%0%#+3& ;+54"*1-1%&(&*',(3&#'&.6(-1-&;("*,1&1"&!"*,1;'*3&0',&'5&'/1*&#1&".%&;81%518&)28',/&1"&%")*,15("*&5'%
#(&'&0'*&"'2*(,(&;,%"&#."#("*,',(&5%"(,'-(-.,&0(&*.*&7(-1-3&#.")*%*1%"0&2%&?-.@1-&".)*,1&;+54"*()#8&a& ;1*(,"%# & #' & .,%#( & ;( & '#()* & ;+54"*8 &I-+*1,% & 0( & (- & 0%);1"('5 & 0( & 7-1%01- & '#()*(% & ;-'"(*( & : &;81%518
0'*+&#1&"(@1-.')'3&'&).)%*&'%#%&2%&*.'*+&?'5'&0(&);%,%*(A&5%"(,'-(3&/(?(*'-(3&'"%5'-(3&15'"(3&'"?(-%#.: 48'"(*',/&2%&5'%&;,()1)&0(&'#()*('&0.1+3&'/('5&;81%518&#("*,'8&5%0%"/&).)%*&5(,(1&0(&-'&P'*+-&#("*,'-
;-'"(*',(&2%&'"?(-%#.:).-',(8&R"%6%'-&)(&,1;&0%"&K.',(3&,4"0&;(&,4"03&;-'"(*(-(8&S-(&'1&*,(#1*&*,(;*'*&;,%"& H1&'#()*(&*,(%&7.,6(&"(?,+%*(&'5&7+#1*&#(('&#(&/(F%&;(&'#()*&;+54"*3&;,%"&/.%"6'&2%&?4"01-&".)*,1e
)*',('&7-1%0%#+3&?'F.')+3&-%#$%0+&2%3&!"&7%"(3&).-%0+:5%"(,'-+8&H$%',&0%"&;,%51-&5.5("*&'-&0(F-%;%,%%& '/4"0&!"&5(5.,%(&5.0(-1-&/+F1*e#4"0/'&2%&2*%%"6'&!"/+6'*+&!"&5%%&2%&5%%&0(&'"%&0(&-'&!"?(,%%&).-',%M
"(@1-.')(%& ?-.@1-1%&".)*,1 &0%" & "(@1-.')'&).-',+3 &-15('&'"?(-%#+ &).-',+&' &*,(#1* &;(& 5%#'&".')*,+& [+0&#+&'%&1"&'(,&"(-+51,%*8&!6%&5'%&(L;-%#3&)+&!"6(-(?%8&K+&;,()1;1"(5&#+&(2*%&01$&!"*,1;'*&2%&'%&.&
"(@1-.')+ & *(,()*,+ & 2% & ' & !"#(;1* & .;(,' & -., & #.")*,1#*.',(3 & '01"4"0 & ;',*%#1-( & 7-1%0%#(3 & ;("*,1 & '& @1#'*+e&5',(&0(&7%(,&0(&<q:Vq&0(&*."(&2%&/,(%&)+&.&'2(F%&;(&1"&/';.,8&H(&/(%&7'#(D
*,'")7.,5' & "(@1-.')' & 0%" & 7-1%0%#+ & !"*,:1" &-82A & -'M2)9 &!"?(,%% & 2%:'1 & #."*%"1'* & .;(,' & 2% & 0%" & )*',('& :K*+;4"(3&;("*,1&'#()*&-1#,1&/.%&'01#(&.&)1*+&0(&.'5("%3&.&1,"()#&0%"&-.#&2%&.&1,#&;(&/';.,8
?'F.')+3&'1&*,'")7.,5'*&5'*(,%'&?-.@1-1%&".)*,1&!"*,:.&5'*(,%(&%"#'"0()#("*+3&;-1,%5%"(,'-+3&!"&)*',(& :J1&'2'8&T%*+:*(&-'&'#()*&5',(&(-(#*,.5'?"(*8&T%*(&#15&'#()*&5(*'-&5'?"(*%F'*&2%&5%2#'*&;,%"&
8%#$%5+9&!"&7%"(3&;,.#()1-&'&#."*%"1'*&2%&'1&'-%;%*&2%&5'%&)*,4")&7.,/%);%%-(&5%"(,'-(&!"*,(&(-(&7.,54"0& (-(#*,%#%*'*(&)(&';,.;%(&0(&@1#'*'&0(&7%(,3&.&-%;(2*(&0(&(-3&.&*,'");.,*+&2%&';.%&7%%"0&0(5'?"(*%F'*&.&
')*7(-&5%"(,'-(-(&;+54"*1-1%3&'0%#+&'1&*,'")7.,5'*&;+54"*1-3&0%"*,:1"&?-.@&-%#$%0&%"#'"0()#("*3&!"*,: -')+&;(&/';.,8&J1&'&5'%&7.)*&"(#()',+&"%#%&.&7.,6+&15'"+3&(-(#*,%#%*'*('&<:'&51*'*8
1"&-82A&,(#(&7%"(,'89 S-(#*,%#%*'*('3&0,'?1-&5(13&()*(&.&7.,6+&7-1%0%#+&).)%*+&0(&-'&P'*+-&#("*,'-&2%&@%71,#'*+&!"&0.1+A&
a & 0'*+ & #( & )1;,'7'6' & ;+54"*1-1% & ):' & #.").-%0'* & !"*,:1" & '5'-?'5 & 0( & 5%"(,'-( & ).-%0(3 & . & '-*+& ,'51,'&;.F%*%/+&5(,?(&!"&).',(3&%',&#('&"(?'*%/+&!"&;+54"*8&J.%3&!"?(,%%3&2%&015"('/.')*,+3&.'5("%%&
#'*(?.,%(&0(&!"?(,%&#.")*,1#*.,%&!"#(;&#,(',('3&5'*(,%'-%F',('@,5(.,&0(-(*'8(&0%"&5'*(,%'&5%"(,'-+&'& );'6%'-%3&;.)(0'6%&'#(')*+&(-(#*,%#%*'*(3&#'&0(&'-*7(-&.,%#(&7%%"6+&)'1&-1#,1&0%"&1"%/(,)8
;+54"*1-1%8& c4"0& ;(&,4"03& '"15%*(&#'*(?.,%%& 0(&#.")*,1#*.,%&7'# &;2,7( &'"%7'8(/ &;4"+&)( & '=1"?(& P.*&#(&/(F%&;(&;+54"*3&*.'*(&'1&7.)*&7+#1*(&0(&".%3&!"?(,%%&#.")*,1#*.,%3&#1&;1*(,('&;,.#1,'*+&0(&'#()*(&
=";2,7'&279&I,$%*(#6%%3&#.")*,1#*.,%%&#',(&'1&7+#1*&*.*1-&;(&'#(')*+&;-'"(*+3&'1&!"#(*'*&0(&'*1"#%&.,%#(& 0.1+&7-1%0(A&).-',&2%&;-'"(*',8&H1&'=1*.,1-&#1".2*%"6(-.,&".')*,(&#42*%?'*(&;,%"&(L%)*("6'&0(&5%-%',0(&0(&
#,('6%(3&,+54"4"01:-(&0.',&)+&;(,7(#6%."(F(&7.,5(-(&#,('*(3&5'%&'-()&)+&-(&#."01#+&/%'6'8 '"%3&;.)(0+5&)(#,(*1-&0(&'&*,'")7.,5'&5%"(,'-(-(&'#()*1%&;+54"*&!"&)+54"6+&)'1&7.,5+&#.,;.,'-+&'&
U%-%.'"(&0(&'"%&!"?(,%%&).)%6%&;(&;-'%1,%-(&".')*,(&'1&7+#1*&)*10%%&0(&5'*(,%'-%F+,%8&S%&"(&7'#&".1+3& .,%#+,(%&/%(*+6%3&'/4"0&-'&0%);.F%6%(&;1*(,('&7-1%0%#+&).-',+&2%&;-'"(*',+8&S-(#*,%#%*'*('&#';*'*+&0(&.5&
);%,%*(-.,&'-@(3&0()#,%(,('&.;(,'6%%-.,&-.,3&0',&*(,5("%%&2%&#1".2*%"6(-(&(L;1)(&)1"*&;("*,1&".%&'0(/+,'*(& ;,%"&0%"'51,%&)'1&?("(,'*.',(&:&';-%#'*+&2%&!"&#'F1-&(-(#*,.5'?"(*1-1%&:&()*(&7-1%01-&".)*,1&).-',&2%&
$%(,.?-%7(8 ;-'"(*',8 & 91*(,(' & (-(#*,.5'?"(*1-1% & #',( & '*,'?( & 7%(,1- & ()*( & ?4"01- & )'1 & #1?(*',(' & 5('8E & c(/%"O-'&
BJ.%&:&);1"&!"?(,%%&:&7'#(5&!"#(,#+,%&;()*(&!"#(,#+,%&2%&#4"0&;,'#*%#'&".')*,+&'&0'*&#(-(&5'%&)*,+-1#%*(& !"*,(@',('&;1)+&-'&!"#(;1*1-&'#()*1%&#';%*.-8&IF%3&5'*(,%'-%F+,%-(&0(&;-'"*(3&'"%5'-(&2%&.'5("%&)1"*&1"&
,(F1-*'*(3&(-'@.,+5&:(-('&24(,'.%%82,&"2')*,(9&I2'&'5&-1#,'*&".%8&[.1+3&01$1,%&'-@(3&/+&);1"(5&!"*4%& ;+#'*D&K(&!"#'-#+&/,(.&-(?(D&I#15&;.*&)+&/+&);1"A&J13&"1&)(&!"#'-#+&"%#%&.&-(?(3&;("*,1&#+&(-(&)1"*&
*(.,%'3& ;("*,1&#'&'*1"#%&#4"0&/'& /("%&/,(5('3&)+ &.&)#.'*(6%&0%"&',$%/'&5(5.,%(%&/.')*,(& 2%&)+& .& );.,'0%#( & 2% & (L%)*("6' & -., & ()*( & (7(5(,+Q & #' & '*',(3 & "1 & !5;%(0%#+ & #1 & "%5%# & 5(,)1- & ;,.?,()%/ & '-&
,('-%F'6%&!"&;,'#*%#+8&!"#(,#4"03&/(6%&#.")*'*'&#+&$%5(,'&*(.,%(%&".')*,(&%'&/%'6+&2%&)(&*,'")7.,5+&!"*,:.& 9+54"*1-1%8&C'#+&5'*(,%'-%F+,%-(&E)(&7'#&,',&2%&#1&7.',*(&5',%&?,(1*+6%3&)1@&;,(2(0%"6%'&1".,&5',%&
7%%"6+ & %0("*%#+ & #1 & .51- & *,1;()#8 & 9("*,1 & /.%3 & '#(')*+ & (L;(,%("6+ & /' & 7% & /(,%7%#',(' & *(.,%(% & !"/+6'*(8& );%,%*(3&()*(&;("*,1&#+&)(&.;1"(&(/.-16%'&).#%'-+&'&.'5("%-.,3&#',(&#(,(&#4&#(('&#(&):'&7+#1*&.0'*+&)+&"1&
U'*(,%'&;+54"*1-1%&'&7.)*&*,'")7.,5'*+3&#.5@%"'*+&2%&#."0(")'*+3&%',&0%"&'".,?'"%#+&'&7.)*&7+#1*+& )(&5'%&7'#+&'#153&0%7(,%*(-(&7.,5(&0(&;-'"*(3&'"%5'-(&2%&.'5("%&,(;,.01#4"01:)(&'#15&;(&#'-('&
.,?'"%#+8&N,(1&'&7.)*&;4"+&'5&*,'")7.,5'*&5'*(,%'&;4"+&-'&;1"#*1-&#4"0&'&!"#(;1*&)+&'#*%/(F(&)%"?1,+3& 7%,(')#+3&)(L1'-+8
0(#%&;4"+&'5&7+#1*&;,%5'&)+7E".+9&p%"(!"6(-()3&"1&)+54"6'&1"(%&;-'"*(&)1;(,%.',(&:&#'&0(&(L(5;-1& IF%&"1&)(&5'%&;.*&7'#(&5'*(,%'-%F+,%&0(#4*&#1&'=1*.,1-&1"1%&!"*,1;'*&"15%*&7(5%17&5(&7'*(,%'8%M',(9 &
?,41&:&#+#%&'#(')*'&()*(&;,('&#.5;-%#'*+3&#%&)+54"6'3&);.,1-&#(-(%&5'%&)%5;-(&;-'"*(8&a&0'*+&)+54"6'& K+&2*%6%&!")+& #+&5(0%151-&".)*,13 &#1& #',(&)(& 5'%&7'#& ')(5("('& 5',%&(L;(,%("6(3&"1&()*(& 1"&.5&
7+#1*+3&'5&;1):.&!"&;+54"*3&;("*,1&'&0'&"'2*(,(&#(-(%&5'%&)%5;-(&;-'"*(&#(&(L%)*+&)'1&'&(L%)*'*&;(& .@%2"1%*3&0(.',(#(&);%,%*1-&)+1&',(&1"&?,'0&!"'-*&!"&H(,3&2%&';.%&)(&0(.)(@(2*(&0(&#(%-'-6%&.'5("%&;,%"&
;+54"*8&9,%"&1,5',(3&"1&):'&'01)&"%#%&.&)+54"6+&0(&'%1,('8&J.%3&!"?(,%%3&'5&'01)&"15'%&'5%"*%,('& 7';*1-&#+&0(6%"(&.&#'"*%*'*(&5',(&0(&7-1%0&).-',8
".')*,+&0%"&-15%-(&;(&1"0(&'5&;(,(?,%"'*&2%&;(&1"0(&'1&(L%)*'*&'#()*(&7.,5(&/(?(*'-(8&I5&-1#,'*& !"?(,1-&#."*%"1+A&BH4"0&'5&,(12%*&)+&7'#(5&;,%5'&;-'"*+3&'1&,+)1"'*&);'6%%-(&)%)*(51-1%&".)*,1&
5%-%.'"(&0(&'"%&#1&;1*(,('&?4"01-1%&2%&'5&;,(7+#1*&5'*(,%'8&I5&7+#1*&)+54"6+&2%&;+54"*1-&'&'#.;(,%*: ;-'"(*',&0(&@1#1,%'&".')*,+3&'&*1*1,.,&!"?(,%-.,8&K+&/(F%&#+&0%"&;+54"*&'%&#,('*&.&7.,5+&/%(3&#',(&)(&
.3&0',&"1&'&?(,5%"'*8&I*1"#%&"(:'5&'01)&'5%"*(&#+:%&-%;)(2*(&5'*(,%'&0+*+*.',(&0(&/%'6+&:&);%,%*1-8&H1& 5%2#+3&;'-;%*+3&!2%&;+)*,('F+&7.,5'&2%&*,+%(2*(&;,%"&('&!")+2%&:&()*(&#1-5('&7(,%#%,%%8&a3&C.'5"(&:&'5&
'#(('2%&;1*(,(&#1&#',(&'5&.,4"01%*&5'*(,%'&!"&7.,5'&)(5%"6(%3&'5&#$(5'*&2%&);%,%*1-&/(?(*'-&2%&-:'5& (L#-'5'*&#1&)5(,("%(&:&5',%&)1"*&;1*(,%-(&P'-(M&I5&/+F1*&,('-%F4"01:)(&#1/%"*(-(&!"?(,%-.,&).-',%8&
%"*,.01) & !" & )4"1- & )(5%"6(%88I*1"#%3 & )1@ & ,'F(-( & (-(#*,%#( & '-( & ).',(-1%3 & )1@ &'#6%1"(' & "1*,%*%/+ & '& c4"0 & ;( & ,4"03 & 5%% & 2% & 5%% & 0( & '"%3 & *.6% & !"?(,%% & "( & !"*,(#('5 & )+ & 7'#(5 & ;-'"*( & 5'% & 7,15.')(3 & 5'%&
5%"(,'-1-1%&:&7,'6%%&5'%&%"%(%&'%&);%,%*1-1%&/(?(*'-3&2%&)1@&%5;1-)1-&(-((-,.:%"'?"(-%(&'-&01$1-1%3&)+54"6'& #.5;-%#'*(3&5'%&/%?1,.')(&2%&'2'3&!"#(*1-&#1&!"#(*1-&:&7%1-&5(1&:&'5&!5@,+#'*&1)#'*1-&2%&'5&15;-1*&
):'&0(F/.-*'*&!"*,:.&;-'"*+3&;(&#',(&.&1,5+,('5&!"&0(F/.-*',('&(%&2%&.&5.0(-'5&01;+&5(5.,%'&".')*,+& 5+,%-(&#1&*.*&7(-1-&0(&/%(*+6%&/(?(*'-(8&U%-%.'"(&0(&'"%&'5&1,5+,%*&#,(2*(,('&;-'"*(-.,&2%3&#1&;1*(,%-(&
'#151-'*+&;(&'-*(&;-'"(*(8&I2'&'5&7+#1*&;,%5'&;-'"*+8&C(&'#15&!"'%"*(3&('&()*(&.&/%(*'*(&#',(&*,+%(2*(3& ".')*,(&0(&'*,'#6%(&2%&,();%"?(,(3&#."01#('5&/%'6'&;-'"*(%&2%&.&%"7-1("6'5&5(,(13&#'&)+&.&;(,7(#*+58&
)17(,+3&'@).',@(&$,'"+&2%&)(&,(;,.01#(8&9-'"*'&',(&?,%=+&0(&'#15&)+:2%&7'#+&1,5'2%3&#+#%&);%,%*1-&0%"&('& G(&'=1*'5&!"&#,(2*(,('&-.,&2%&5'%&'-()&)1;,'/(?$('5&!"51-6%,('&-.,3&#'-('&-.,&?("(,'*.',(8
#."01#(&5(,)1-&/%(6%%&7.,5(%&!"&#',(&'&7.)*&!"#.,;.,'*8 H4"0&'&).)%*&*%5;1-3&'-+*1,%&0(&;-'"*(3&#(%&5'%&!"'%"*'6%&0%"*,(&".%&'1&#,('*&7.,5(&'"%5'-(8&>%&0(&
H(&;1)*%1&(,'&;+54"*1-&#4"0&'5&/("%*&".%M&J%#%&.&/%(*'*(&"1:2%&!"+-6'&#';1-&);,(&#(,3&;("*,1&':%& '#(')*+&0'*+&):'&;.,"%*&0(&-'&#(-(&5'%&5%#%3&'"%5'-(&5%#,.)#.;%#(3&0(&-'&#(-(&5'%&)%5;-(3&);,(&#(-(&
51-615%&P'*+-1%&#+&%:'&0+,1%*&1"&?-.@&1"0(&)+:2%&0()7+2.',(&.&;',*(&0%"&/%'6'&/(2"%#+8&9+54"*1-&(,'&1"& 5'%&#.5;-%#'*(8&I5&#,('*&2%&0(&'#(')*+&0'*+&#(-(&5'%&)%5;-(&'"%5'-(&'#/'*%#(&2%&"15'%&01;+&'#(('&;(&
?-.@&-%;)%*&0(&.&/(?(*'6%(3&#',(&)+:<&!5;.0.@(')#+&'2'&#15&!-&!5@,'#+&'F%8&C'#+&".%&":'5&?+)%*&'%#%& #(-(&*(,()*,(3&0%/%F'*(&#1&/,(5('&!"&F@1,+*.',(&2%&"(F@1,+*.',(8&a3&#4*(&5%-%.'"(&0(&'"%&"(:'1&*,(@1%*&
"%#%&#.;'#%&5+,(6%3&"%#%&7-.,%&#1&);-("0%0(&#1-.,%3&"%#%&7-1*1,%&!"#4"*+*.,%3&"%#%&7(5(%&7,15.')(3&'/('5& )+&7'#(5&'"%5'-(-(M&IF%&'/(6%&7.,5(&"("15+,'*(&0(&'"%5'-(&;(&)1;,'7'6'&?-.@1-1%&/.)*,18&P.'*(&'1&
@1#1,%'&0(&'&#,('&*.*&#(&(L%)*'&;(&;-'"(*(-(&1"0(&'5&r%(61%*&5%-%',0(&0(&/('#1,%&'"*(,%.',(8&S,'5& 7.)*&.;(,'&".')*,+8
"(,+@0+*.,%&)+&;1"(5&!"&;,'#*%#+&#(('&#(&!"/+6')(,+5&0(&-'&5',%-(&2%&?-.,%.')(-(&G15%"%&:);%,%*(-(& I&/("%*&*%5;1-&)+&#,(+5&7.,5'&15'"+3&1"&5',(&(/("%5("*&0(&#,('6%(&;(&9+54"*8&C%"&'#(-'2%&
).-',(8 ;+54"*&0%"&#',(&74#1)(,+5&;-'"*(-(&2%&'"%5'-(-(3&'5&7+#1*&2%&7.,5'&.58&H4"0&'5&%F@1*%*&)+&5.0(-+5&
I1F%)(,+5&".%&'0(/+,1,%&5',%&2%&'04"#%&0(&-'&C.5"%%&).-',%3&#1".2*%"6(&#(&"%&)(&;+,('1&5%"1"%&0(& 7.,5'&15'"+3&K*+;4"1-&".)*,13&N1/(,"'*.,1-&).-',3&'&#.@.,4*&;(&9+54"*&2%&S-&'&!"*,1;'*&;("*,1&;,%5'&
"(!"6(-()3&'2'&01;+&#15&'6%&(L;-%#'&/.%&1"1%&.5&)%5;-1&#+&*,1;1-&15'"&()*(&'-#+*1%*&0%"&5%-%.'"(&0(& .',+&!"&'#('&7.,5+&15'"+&1"&);%,%*&#1&,'"?&0(&!"?(,8&P'*+&'#15&.51-&*,1;()#&;(&0(;-%"&7.,5'*8
#(-1-(3&5.-(#1-(3&'*.5%&2%&'2'&5'%&0(;',*(8&P(&')#1-*+&@%(*1-&.5&0',&"1&;,%#(;(&"%5%#8&T"&);%,%*&"'%/& p%@-%'&);1"(&'0(/+,1-&!"&!"2%,1%,('&#,.".-.?%#+&'&#,('6%(%&/%(*+6%-.,&0(&;(&;+54"*&2%&#4"0&);1"(&
/%"(&!"'%"*('&".')*,+&2%&#1&)5(,("%(&5+&!"*,('@+A 0(&.5A&lC15"(F(1&'&)17-'*&;()*(&.5&01$&0%/%"3&04"01:%&/%'6+n8&C'3&;("*,1&#+&):'&%"*,.01)&1"&01$&!"&
'#('&7.,5+8E
>%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"&?(, WWU
2(0%"6(%&-(&);1)(A&lC()7'#(6%&5'"0',%"'&2%&54"#'6%:.n8&H1&.&.',(#',(&(F%*',(3&'1&(L(#1*'*&!"0(5"1-&
R(,',$%'&!"&-15('&01$1,%-.,&'-@( ("*%*+6%%8&c1;4"0&#.'='&2%&0()7+#4"0&7(-%%-(3&'1&.@)(,/'*&:&#1&.&5%,',(&2%&5'%&5',(&:&1"&)1-&5%#&0(&
$4,*%(8&I1&-1'*&$4,*%'&2%3&0()7+21,4"0:.3&'1&#.")*'*'*&#+&;(&('&)(&'7-+&0()("'*+&.&#,1#(&2%&#1/4"*1-&
a@)(,/'6%&/%'*'&)(5("%-.,&/.2*,%&2%&-1'6%&!"&#.")%0(,',(&2%&,();(#*'6%&;(&#(%&#(&#,(0&!"&C%/%"%*'*(&2%& l#,(0(6%n8&9(&#4"0&(L'5%"'1&@1#+6%#'&0(&$4,*%(&2%&#1/4"*1-&)#,%)3&!"*,(@4"01:)(&#15&'&'=1")&'#()*&
'1&.&#."01%*+&5.,'-+&%,(;,.2'@%-+8&J1&/+Z%5;,()%."'6%&0(&'/(,('&1".,'3&0(&,'"?1-&).#%'-&'-&'-*.,'8&H(-& @%-(6(-&!"&5%=-.#1-&5'"0',%"(%3&5(0%151-&'&!"#(;1*&)+&/.,@(')#+A&lR1@%6%%&5(%3&'7-'6%&'#15&#(&.;(,'6%(&
#(&/'&#,(0(&!"&C%/%"%*'*(3&!"&-15('&)7%"6%-.,3&!"&(L%)*("6'&-15%%&".')*,(3&/'&7%&!5;.0.@%*&#1 ):'&7+#1*8&K*+;4"'&#')(%&'&#15;+,'*&'F%&0%5%"('6'&0.1+);,(F(#(&5'"0',%"(&2%&-(:'&;1)&!"&@17(*1-&#(-&
7(,%#%,('&#(,(')#+8 *
5',(8&S1&'5&;,(7+#1*&1"'&0%"&'#()*(&5'"0',%"(&!"&7-1%08&!"&'#(-'2%&*%5;3&5:'5&01)&!"&@%,.1-&).61-1%&:&
9(&7,."*%);%#%1-&#%5%*%,(-.,&/.')*,(&)#,%(A&BN-.,%'&;+54"*(')#+3&7(,%#%,('&#(,(')#'&8&S&1"&5',(& (-&"1&(,'&0(&7'6+&:&2%&'5&,1;*&1"&#.-6&0(&$4,*%(&0%"*,:.&#.'-+&'7-'*+&;(&@%,.1&2%&';.%&'5&;,.%(#*'*&;(&('&
'0(/+,3&"(!"6(-()&"%#%&0(&#(-&#(&<:'&)#,%)&'#.-.8&N-.,%'&;+54"*(')#+&()*(&1"'3&7(,%#%,('&#(,(')#+&()*(& ;-.5@'?%"+3&#,('*+&0%"&7-1%01-&#(&(,'&!"&#'5(,+3&2%&#1&(-&'5&)#,%)&#1/4"*1-&'/1* &!"&5("*'-8&a&0'*+&
'-*'8&T"'&)(Z&0.@4"0(2*(&;(&;+54"*&2%&()*(&(7(5(,+3&%',&#('-'-*+&:&!"&H(,&2%&()*(&/(2"%#+8 )#,%)&@%-(6(-1-3&-:'5&,+)1#%*&2%&';.%&-:'5&0(5'*(,%'-%F'*8&I#153&#1&@%-(6(-1-&7-1%0%F'*3 &'5&/("%*3&'2'&
H(%&5%#%&0.,()#&?-.,%'&;+54"*(')#+3&#(%&(/.-1'6%&:&7(,%#%,('&#(,(')#+8&H(-(&5'%&51-*(&("*%*+6%& )*,4")& #15& (,'3& 2%&-:'5& %"*,.01)& !"&5%=-.#1-&5'"0',%"(%&7-1%0%#(8&C1;+&#(& '5& 7+#1*& '#()*(&0.1+&
.;(,'6%%3&'5&*,(#1*& 5'"0',%"'& ;,%"&;(,(6%&2%&12%-(&#'5(,(-.,3& ;4"+& -'& /.%8&I%#%& '5& ,(5'*(,%'-%F'*&
);'6%'-(&0.,()#&#'&'*1"#%&#4"0&)(&/.,&,(!"*,1;'3&)+&)(&@1#1,(&0(&*.'*(&@1"1,%-(&;+54"*1-1%&2%&0(&?-.,%'& 5'"0',%"'&7-1%0%#+3&7+#4"0:.&%',+2%&#15&'&7.)*&-'&!"#(;1*&!"&@17(*3&;-1)&@%-(6(-1-&0%"&%"*(,%.,1-&)+13&
.5("(')#+3&#+#%3&0(.#'50'*+3&;("*,1&(-(&()*(&7.',*(&?,(1&0(&0.@4"0%*&7(,%#%,('&#(,(')#+8&H%"(&)(& 5'*(,%'-%F'* & 2% & (-8 & C,'?%% & 5(%3 & ".%3 & 01$1,%-(3 & ;1*(5 & *,'")7.,5' & 5'*(,%'Z & /.')*,+ & ;+54"*(')#+3&
;.'*(&@1#1,'3&#$%',&!"*,1;'*&7%%"03&0(&7(,%#%,('&#(,(')#+D&J15'%&#(-&#(&'&'*%")&,'"?1-&0(&);E"*9 #.,;1,%-( & /.')*,( & ).-%0( & !" & #.,;1,% & 7-1%0%#( & 2% & /%#(/(,)'8 &I5 & /,1* & )+ & /(0(6% & !" & '#(')*+ & )(',+ & 1"&
G'&(L*(,%.,3&)74"*1-&(&1"&.5&#'&*.6%&.'5("%%3&0',&*.'*(&?()*1,%-(3&/.,@(-(3&0.,%"6(-(3&!"*,('?'&-1%& 7(".5(" &#(& ;',(&)1;,'".,5'-&;(&;+54"*1-& /.)*,1 &2%& )+&/+& 6%"& .&5%#+&-(#6%(&0(&7%F%#+&2%&#$%5%(&
#."01%*+&0./(0()#&#+&(&0%"&#('*'&5',%-.,&G15%"%&'-(&);'6%%-.,8&S-&/'&*,+%&5.0()*&2%&,(*,')3&;("*,1&#+& #(,(')#+8&I#15&/(,%7%#'6%&#(-(&#(&/:'5&);1)8n
,'"?1-&)+1&"1&)(&;.'*(&!5;+#'&#1&'?%*'6%'&2%&?.'"'&01;+&'/(,%3&.".,1,%3&;-+#(,%&5'*(,%'-(8 C1;+&,%0%#',('&2(0%"6(%3&):'1&01)&!"&)17,'?(,%(&2%3&0()#1%"0&@17(*1-3e&'1&?+)%*&"15'%&1");,(F(#(&
K+&"1&7'#(6%&#."71F%(&!"*,(&)%*1'6%'&1"1%&)74"*3&2%&".6%1"('&#(&.&'/(6%&/.%&0();,(&)7%"6%8&9,%"&)74"*3& 5'"0',%"(8&T"'&-%;)('&:&#('&#',(&-(:'&7.)*&'01)+&!"&#'5(,'&0(&2(0%"6+8&!"&@%,.1&'1&?+)%*&.&#.'-+&0(&
".% &!"6(-(?(5& 1"& );%,%* & #',(& '&1,#'*& *,(;*( &;()*( &*,(;*( &!"& (L%)*("6'& -1%& ;-1,%5%-("',+& ;(& '#(')*+& $4,*%(&#1&1"&#.-6&,1;*3&1"0(&)(&;.*,%/('&$4,*%'&?+)%*+&!"&5'"0',%"+8&I&7.)*&.&0(5.")*,'6%(&7,15.')+&2%&
;-'"(*+ & )'1 & ;( & '-*'8 & S- & ' & '*%") & )'1 & .@6%"1* & 0( & -' & K*+;4"1- & )%)*(51-1% & : & 01;+ & ,(#.5'"0',('& %"*(,()'"*+&'&#(-.,&0%"&);'6%18
N1/(,"'*.,1-1%&;-'"(*',&:&,'"?1-&0(&);E"*9 !"*,(@4"01:%&0();,(&'#()*&(L;(,%5("*3&'5%#%%&);'6%'-%&5%:'1&#.51"%#'*&1,5+*.',(-(AE&R1@%*(&7,'*(3&#1&
c'"?1-&0(&)74"*&()*(&1"&*%*-1&#',(&#."7(,+&!"&H(,1-&'#()*(%&;-'"(*(&0,(;*1-&-'&'"15%*(&'*,%@1*(8& '-*(&.#'F%%&'%&'7-'*&#+3&0%"&#4"0&!"&#4"03&0%"&K7(,':G'@.,'*.,&#.@.',+&7'*(,%'&4,%7+/&#',(&:&;(&5+)1,+&
C',&'#()*&,'"?&"1&!")('5"+&#+&(-&'&0(/("%*&%"7'%-%@%-8&J%#%0(#158&S&;.)%@%-&#'&!"*,:.&!"*,1;',(3&)+:<& #(&)(&0(;+,*('F+&0(&H("*,1-&#,('*.,&:&)(&*.*&#."#("*,('F+3&7.,54"0&!"&-.#1-&1"0(&)(&/'&"'2*(&1"&".1&
;,%"0+&5,(=(-(&/%(6%%&;+54"*(2*%3&2%&!"*,:1"&5.5("*&0(&)-+@%#%1"(3&0(&!"*1"(#',(&'&#."2*%%"6(%&)'-(3&)+& )%)*(5&;-'"(*',3&.&?'5+&';,.';(&%"7%"%*+&0(&7-1%0(3&?'F(3&-%#$%0(&2%&).-%0(8&P.'*(&'#()*(&;,(7'#(,%&2%&
?,(2(')#+8&C',3&!"*,:.&'-*+&!"*,1;',(3&!2%&/'&;-+*%&'5',"%#&?,(2('-'3&;("*,1&#+&(-&"1&()*(&1"&);%,%*& 0%/(,)%7%#+,%&'-(&1"(%'&2%&'#(-(%'2%&5'*(,%%&;,%5(&'1&7.)*&7+#1*(&0(&o.,6(-(&);%,%*1'-(&0(&0%7(,%*(&?,'0(3&
.',(#',(& 0%"&-15('&'#()*(%&;-'"(*(3&#%& ()*(& .&("*%*'*(& #',(&;.)(0+& 1"1-&0%"&*%*-1,%-(&)1;,(5(& '-(& 5',%-(&K;%,%*(3&H,('*.,%&0%/%"%8&z%&):'&5'%&);1)&#+&(L%)*+&?-.@1,%&!"&0%7(,%*(&)*+,%&'-(&5'*(,%(%A&7-1%0%#(3&
%(,',$%(%&15'"(8 ?'F.')(3&-%#$%0(&2%&).-%0(3&#15&(&?-.@1-&/.)*,1&*(,()*,18&9+54"*1-&',(&)*',('&0(&(#$%-%@,1&;(,5'"("*&
G15('&);%,%*(-.,&'-@(&)(&!5;',*(&!"A&4,(2.%/&#+81-+,%&2%&);%".%9 ).-%0+3&7%%"0&-%;)%*+&0(&)*+,%-(&?'F.')(&'-(&51-*.,&#.,;1,%&#(,(2*%8&9(&?-.@1-&/.)*,1&"1&)(&5'%&/+0&".,%&
9,%51-&?,'0&()*(&4,(2*18&#(,()#/&0',&(-&"1&*,(@1%(&#."71"0'*&#1&;,(.*1-&;+54"*()#8&9.6%&7%&;,(.*&!"& 0(&'1,3&',?%"*&)'1&;-'*%"+8&R"&=1,1-&?-.@1-1%&/.)*,1&)(&/+0&;(&#(,&"15'%&".,%&0(&/';.,%&0(&';+3&7.,5'6%&
H(,&2%&)+&"1&7%%&"%#%.0'*+&;,(.*&;(&;+54"*8&T,5('F+ &#+81-+,18&)4'.%'8/ &1"&);%,%*&#(&"1&',(&"%5%#& 0%"&0.1+&(-(5("*(A&$%0,.?("&2%&.L%?("8&!"&).',(3&!"&'*5.)7(,'&).-',+3&(L%)*+&".,%&7.,5'6%&0%"&51-*(&
#.51"&#1&#+-1?+,1-&0(&;,%"&5+"+)*%,%-(&/.')*,(8&C(')1;,'&,'"?1-1%&0(&#+-1?+,&1,5('F+&0%7(,%*(-(& 5(*'-(&!"*4-"%*(&;(&;+54"*8
?,'0(&0( &);%".%&4+,%".%9 &o%(#',(&0%"&'#()*(&*,(%&*,(;*(&',(&.&51-6%5(&0(&)1@*,(;*(8&ZE&J.%&#+1*+5&)+& !"&-'@.,'*.',(-(&;+54"*1-1%&)(&;.'*(&*.;%&'1,1-&2%&7'#(&-%#$%03&0',&%5(0%'*&#(&'%&,%0%#'*&/')1-&0(&;(&
%"7-1("6+5&;(&7,'*(-(&".)*,1&)74"*&!"&H(,3&!-&)1;,'/(?$(5&#4"0&()*(&;(&;+54"*3&#'&"1&#15/'&)+&#'0+8& 7.#3&'1,1-&!2%&,(%'&)*',('&).-%0+3&.&)*',(&".,5'-+&'F%&;(&;+54"*8&I1,3&;-'*%"+3&',?%"*3&*.'*(&5(*'-(-(&0(&
J1Z:-&;+,+)%5&1"&5%"1*3&0(.',(#(&.&?,(2('-+&'&-1%&'*,'?(&'1*.5'*&.&)*',(&)17-(*(')#+&0(;-.,'@%-+& ;(&;+54"*1-&/.)*,1&)(&?+)()#&*.;%*(&!"&5')'&).',(-1%&!"&)*',(&0(&(#$%-%@,1&"'*1,'-8&J1&.,%#(&.5&'&
;("*,1&!"*,(?1-&?,1;&0(&)7%"6%8&J(&)%-%5&#'&/%'6'&-1%&)+&7%(&1"&5.0(-&0(&/%'6'8&R"*(,()1-&2%&).-%0',%*'*('& /+F1*&'1,1-&-%#$(7%'*8&U.,&5%-%.'"(&0(&.'5("%&2%&(%&":'1&/+F1*&0(#4*&'1,1-&!"&)*',(&).-%0+8&!"&2*%%"6'&
"(&!5;%"?&)+&';+,+5&;(&7,'*(-(&0%"&?,1;1-&".)*,18 /.')*,+&):'&)*'@%-%*3&*(.,(*%#3&#+&.,%#(&#.,;&0%"&).-%0&)(&;.'*(&7'#(&-%#$%0&2%&0%"&-%#$%0&!"&?'F.)8&I#15&
[%'6'&".')*,+&(&1,5+,%*+&0(&5'%:5',%%&".2*,%3&'*4*&!"&H(,3&#4*&5'%&'-()&#4"0&)1"*(5&!"*,1;'6%8&C(& '/(6%&;4"+&2%&'(,&-%#$%0&2%&)(&*%"0(&)+&)(&.@6%"+&'(,&).-%08&a51-&)%5;-1&2*%(&2%&(-&#+&?$('6'3&;,%"&#+-01,'&
0%5%"('6+&;4"+&)(','&1"&5(5@,1&'-&.,0%"1-1%&".)*,1&)*+&0(&?',0+&;(&-4"?+&!"*,1;'*3&5);%,4"01:<&);,(& ).',(-1%3&)(&*.;(2*(&!"&';+3&%',&';'&)(&*,'")7.,5+&!"&'@1,%8&S-(/%%&0%"&;,%5(-(&#-')(&2*%1&#+&;,%"&,+#%,(&
@%"( & 2% & .;,%"01:< & 0( & -' & ?,(2('-+8 & H4"03 & ;,%" & "('*("6%(3 & #'0( & 1" & 5(5@,1 & 0(:'- & ".)*,13 & . & ='-(& ".,%%&)(&;,(7'#&!"&;%#+*1,%&0(&';+3&04"0&"'2*(,(&-'&@+-6%3&-'#1,%3&,41,%&(*#3&%',&';'&-.,3&;,%"&7,%?1-&%(,"%%3&
"(5'%;.5("%*+&!%&#1;,%"0(&;(&*.6%&0%"&?,1;',('&".')*,+8 )(&*,'")7.,5+&!"&';+&).-%0+&)'1&?$('6+8
K74"*1-&".)*5&'&,("1"6'*&0(&51-*&-'&7(,%#%,('&5'*(,%'-+8&H4"0&"(&!"*,1;+53&"1&"(&5'%&;,(.#1;'5& o(".5("(-(&7%F%(.:($%5%#(&0%"&).',(&0'1&"'2*(,(&1"(%&*(5;(,'*1,%&7.',*(&-%0%#'*(8&C%"&'#(')*+&
0(&7(,%#%,('&')%?1,+,%%&1"1%&*,'%&!"&5',(&@(-21?8&C',&0(5"%*'*('&.,0%"1-1%&".)*,1&#(,(&#'&1"1-&0%"*,(&'%& #'1F+3&0%"&5')'&;-1,%5%"(,'-+&'&).',(-1%&)(&,%0%#+&'@1,%3&7.,54"0&".,%&5(*'-%#%&!"&'*5.)7(,'&-1%8&G'&
".2*,%3&#4"0&)(&'7-+&=.)&;,%"*,(&!"*,1;'6%3&)+&"1&01#+&.&/%'6+&5%F(,'@%-+3&"('/4"0&"%#%&5+#',&)*,%#*1-& .',(#',(&0(;+,*',(&0(&).',(3&/';.,%%&0(&0%7(,%*(&5(*'-(&)(&,+#()#&2%3&#."0(")4"01:)(3&#'0&;(&)1;,'7'6'&
"(#()',8ZS-&/'&'/('&#(:%&*,(@1%(3&7+,+&)+&7%(&@.?'*8&J15'%&#4"0&%&)(&0+&.&5%)%1"(&%5;.,*'"*+3&<&)(& ?-.@1-1%&).-',3&)1@&7.,5+&0(&;-.'%(&)'1&;%#+*1,%&-%#$%0(&0(&'1,3&',?%"*3&;-'*%"+3&7%(,&(*#8&9%#+*1,%-(&-.,&
%5;1"(&.&)+,+#%(&#.5;-(*+3&0',&/'&7%&;(&0(;-%"&)+"+*.)8 )1"*&?,(-(&2%&#'0&#1&/%*(F'&?-.'"6(-.,&/.')*,(8&I)(5("('&7(".5("(&):'1&;(*,(#1*&.0'*+&2%&;(&;+54"*3&
0',&?-.@1-&".)*,1&7%%"0&7.',*(&5%#3&01,'*'&2%&%"*(")%*'*('&-.,&'&7.)*&0(&)#1,*+&01,'*+8
J.%3&5%#%-(&'-@%"(&'-(&P'*+-1%3&'/(5&;.)%@%-%*'*('&)+&,('-%F+5&#$%',&'#15&;(&;+54"*&*.'*(&7(".5("(-(&
;(*,(#1*(&!"&5.0&7%,()#&;(&).',(8&J.%&;1*(5&)+&0().-%0%7%#+5&.&;.,*.#'-+&2%&)+&.&'01#(5&-'&)*',('&
U4"1%,('&7-1%0(-., 7-1%0%#+3&)'1&;1*(5&#,('&1"&.@%(#*&.',(#',(&0%"&7-1%08&K(&!"6(-(?(&#+&"15'%&);%,%*(-(&'-@(&;.*&,('-%F'3&
!"&0(;-%"+&#1".2*%"6+3&')(5("('&7(".5("(&0(&!"'-*+&7%F%#+8&9,%"&1,5',(3&.,%#4*&0(&#.5;-%#'*+&/'&7%&
5'*(,%'&.,?'"%F'*+3&#'&2%&#('&5%"(,'-+&)'1&"(.,?'"%F'*+3&;1*(5&)+&.&0(F'?,(?+5&2%&)+&.&*,'")7.,5+5&
BU%&)(&;',(&#+&;,%"&'"1-&<sVs3&!"&#')'&1"(%&7'5%-%%&.".,'@%-(&2%&#1-*(&0%"&p1#1,(2*%3&!"*,:1"& !"*,:1"'&0%"&#(-(&;'*,1&)*+,%&'-(&5'*(,%(%A&).-%0+3&-%#$%0+3&?'F.')+&)'1&7-1%0%#+8&J(&/%"(&5'%&12.,&)+&
#(,#Z%"*%53&)(&6%"('1&2(0%"6(&);%,%*%)*(8&T"'&0%"&;(,).'"(-(&')%)*("*(&(,'&5(0%15&0(&5'*(,%'-%F',(8 51*+5&1"&.@%(#*3&,%0%#4"01:<& 2%&*,'");.,*4"01:<& ;,%"& ;1*(,%-(& ".')*,(&7-1%0%#.:(-(#*,%#(3&0(#4*&)+&
!"*,:.&)(',+3&?$%01-&2(0%"6(-.,&'"1"6+&#(,#1-1%&#+&-(&/'&;,(F("*'&1"&7(".5("&7,15.)&2%&-(:'&#(,1*& 5'*(,%'-%F+5&)'1&)+&).-%0%7%#+5&1"&7-1%0&2%&#1&51-*&5'%&?,(1&"(&()*(&)+&0(5'*(,%'-%F+5&1"&.@%(#*&!"&
)+&)*%"?+&-'5;'3&0',&%5(0%'*&!%&.;,%3&)Z;1"4"01:-(A&lG+)'6%&#+&)*%"?&(1&-'5;'&(-(#*,%#+n8&K(&7+#1& 7-1%0&2%&';.%&)+:<&,(5'*(,%'-%F+5&-'&-.#8&C',3&!"&7%"(3&?,(13&12.,&:&*.*1-&"(&()*(&;.)%@%-8
!"*1"(,%#3&7+,+&#'&#%"(/'&)+&)(&,%0%#(&0%"&-.#1-&)+18&C1;+&1"&5%"1*&0(&'2*(;*',(3&):'&'1F%*&#+F4"0&#(/'3& U'"%7()*+,%-(&0(&5'*(,%'-%F',(&)1"*&,',(&;(&;+54"*&2%&#4"0&-(&;,.01#(53&'/(5&!"&/(0(,(&1"&
#1&1"&)1"(*&)1,03&;(&5')+3&0(&1"0(&)(&,.)*.?.-%&;(&;.0('8&G15%"'&)(&';,%")(&0(&-'&)%"(8&I)%)*("*'& '"15%*&)#.;A&K+&7'#(5&2#.'-'&1".,&'"15%*(&);%,%*(&0%"&);'6%13&#'&)+&'7-(&2%&(-(&#15&)(&;.*&;,(7'#(
.@)(,/+3&#1&5%,',(3&.&5'"0',%"+&;(&#./.,8&I1&-1'*:.&0(&=.)&2%&'1&(L'5%"'*:.&#1&*.6%%&2%&"1&;1*('1&)+:
2%&(L;-%#(&;,./("%("6'&2%&!"6(-()1-&;,(F("6(%&(%8&9,%"&5(0%151-&'7-'*&!"&*,'")+3&?$%01-
**, >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&:&F&521'&#',*(
?271"%#+,%&5%"&?(, ***

5'*(,%%-(&2%&#15&):'&#,('*&.0'*+&:&0(&7.,6(-(&'"?(-%#(&:&*.*&#(&(L%)*+&;(&;+54"*8&I2'0',3&7(".5("(-(&
;,.01)(&!"&5(0%1-&5'*(,%'-&).-',&"1&)(&5'%&;,.01#&'%#%3&01;+&#15&"%#%&#(-(&;,.01)(&;(&G1"+&"1&)(& C,'?1-&5(1&7,'*(3&*,(@1%(&)+&)*10%(5&2%&#(,#(*+5&!"*,('?'&#,('6%(&0(&;(&;+54"*3&0(&-'&#(-&5'%&
;.*&,('-%F'&12.,&'%#%&;(&;+54"*8 5%#,.)#.;%#&/%(61%*.,3&;4"+&-'&.5Q&0(&-'&#(-&5'%&7+,+&/'-.',(&5%"(,'-3&;4"+&-'&#(-(&5'%&0.,%*(&;%(*,(&
J.%3&01$1,%-(3&#1".'2*(5&51-*(&*'%"(3&;("*,1&#+&-(:'5&'7-'*3&)*10%'*&2%&;,'#*%#'*&;(&'-*(&;-'"(*(3& ;,(6%.')(A&)'7%,(3&)5','-0(3&0%'5'"*(8&H%"(&2*%(&#4*(&5%-%.'"(&0(&'"%&"(&/.,&5'%&*,(@1%&'%#%&2%&;(&'-*(&
;(&1"0(&'5&;(*,(#1*&2#.'-'&".')*,+&"()74,2%*+8&C',&)+&,(/%"&-'&)1@%(#*1-&".)*,18 ;-'"(*(&#'&)+&2*%5&#(('&#(&2*%1&;,('&)7%"6%%&!"?(,%&'%&".2*,%8
C%"&#4"0&!"&#4"03&#.@.',+&;(&;+54"*&#4*(&1"1-&0%"&#('*'&!"?(,%-.,3&#1&'1*.,%F'6%'&0(&'&7'#(&.&
91*(5&)+&0(5'*(,%'-%F+5&.&7-.',(&0%"&I)%'3&0(&(L(5;-13&2%&)+&.&'01#(5&;(&5')'&/.')*,+3&;4"+&2%& 5%#+&0(5.")*,'6%(3&'".,5'-+&;("*,1&5(0%1-&0(&'%#%8&H4"0&5'*(,%'-%F',('&()*(&7%"'-%F'*+3&-'&/(0(,('&
#1&,.1+&;(&('8&H1&;1*(,('&?4"01-1%&5(1&2%&'&#.,;1-1%&5(1&);%,%*1'-3&#',(&(&1"&;1*(,"%#&(-(#*,.5'?"(*3& (%3&#(%&0%"&);'6%1&:&01$1,%&,.2%%&2%&'-@')*,(&:&)(&5%"1"('F+&0(&!"'-*'&.;(,+&2%&0(/%"&0.,"%#%&0(&':2%&
'5&0(5'*(,%'-%F'*:.&!"&7-1%0&2%&.&'01#&'%#%&!"&#'5(,'&*'8&I;.%3&*.*&#1&;1*(,('&/.%"6(%&2%&'&%5'?%"'6%(%& ,%0%#'&"%/(-1-&5.,'-&2%&%"*(-(#*1'-&2%&':2%&?,+@%&')*7(-&')#(")%1"('&);%,%*1'-+8&[.%3&.'5("%&*,1;(2*%3&
5(-(3&;,(7'#&7-1%01-&!"&7-.',(&).-%0+8&T"&')(5("(' &'42,* &)(&;.'*(&;+)*,'&;4"+&)(&/'&/(2*(=%&;-'"*'& #4"0&-(&/(0(6%3&,+54"(6%&#1&.#$%%&5',%&2%&?1,'&#+)#'*+8&9,%/%6%&2%&"1&/+&/%"(&)+&#,(0(6%3&2%&#1&#4*&/(6%&
,();(#*%/+8&C(2%&5'%&?,(13&'/(5&7'#1-*'*('&#'&;,%"&;1*(,('&%5'?%"'6%(%&2%&5(5.,%(%&".')*,(3&)+&/+& -1'&5'%&51-*(&5+)1,%&0(&#."*,.-3&#1&#4*&/(6%&7%&5'%&,%?1,.2%3&("*%*'*('&.;(,'*.',(3&0(&!"'-*+&/(#$%5(&2%&
#,(+5& .& ;-'"*+&)'1& ;%'*,+&.',(#',(3&0%"& 5'*(,%'&7-1%0%#+&'& ;+54"*1-1%3&;(& #',(&#."#("*,4"0:.3&.& ,'"?3&/'&7%&5'%&7(,%#%*+&0(&'&/(0('&;(&'-6%%&'05%,4"0&.;(,'&(%3&%5;1)+&0(&1"&!"?(,&;-'"(*',8
*,'")7.,5+5&!"&;-'"*+&)'1&;%'*,+&).-%0+8 I#153&7,'*(&%1@%*3&*(,5%"&#.51"%#',('&0(&'F%3&);1"4"01:6%A&U4%"(&;-(#%&0(&'%#%3&0',&/,(5&#'&
c'51,'&)'1&7-.',('&,1;*+&0%"*,:.&;-'"*+&.',(#',(3&/'&*,+%&;,%"&%"(,6%'&/%(6%%&#(-1-(-.,&#(&.&#.5;1"3& '0(/+,1,%-(&#.51"%#'*(&0(&".%&)+&;.',*(&;(#(*('&2*%%"6(%8&J1&/,(5&)+&#+0(6%&;(&;'"*'&,(-%?%(%&)'1&
0',&01;+&#4*(/'&F%-(&/'&51,%8&K(&)#$%5@+&)%*1'6%'&#4"0&'01#&.&;-'"*+&!"*,('?+8&!"&#'F1-&'#()*'3&'01#& 7%-.).7%(%8&c(-%?%'&()*(&7.',*(&@1"+&2%&'@).-1*&"(#()',+3&;+#'*&!")+&#+&('3&'2'&#15&(&;,(0%#'*+&'F%3&
*,1;1-&7-1%0%F'*&'-&;-'"*(%&2%3&!"&'#(-'2%&*%5;3&'*,'?&01;+&5%"(&)#4"*(%'&0%/%"+&'&;-'"*(%3&#1&!"/(-%21,%-(& !"#+*12'*+&!"&0.?5(3&!"#$%0(&#'-('&#(,#(*+*.,1-1%8&o%-.).7%'&(&7,15.')+3&0',&('&*(&;.',*+&0%"&%;.*(F+&
)'-(8&a&01#&-'&-.#1-&0.,%*3&1"0(&,(7'#&;-'"*'&7-1%0%#+&!"&;-'"*+&).-%0+&2%3&!"&'#(-'2%&*%5;3&%"*,.01#& !"&%;.*(F+&2%&0(#%&"1&0./(0(2*(&"%5%#8&J.%&/,(5&2*%%"6+&2%&%',&2*%%"6+3&#',(&)+&-+,?(')#+&.,%F."*1-&
01$1-&;-'"*(%&!"&*,1;1-&(%8&G'&7(-&7'#&#1&.&;')+,(3&/%(,5(3&,'#&)'1&.,%#(&'"%5'-8 #1".2*%"6(-.,&;+54"*(2*%3&;,%"&;,.@(-(&/+F1*(&2%&;,.01)(&0(&-15('&".')*,+8
H4"0&#,(+5&.&,'51,+&#1&7-.,%3&('&"1&;.'*(&01,'&0(#4*&.&;(,%.'0+&)#1,*+&0(&*%5;3&#4*(/'&.,(&)'1&
F%-(3&2%&';.%&;%(,(3&;("*,1&#+&"1&"(&5'%&()*(&;(,5%)&)+&#,(+5&;(,5'"("*3&#(('&#(&):'&7+#1*&.0'*+8&H1&
!"'-*+&'1*.,%F',(&;1*(5&)+&7'#(5&#4*(&.&;%'*,+&;,(6%.')+&#',(&)+&;(,)%)*(&'"%&0(&F%-(&2%&)+&.&;.',*(&
#%"(/'&-'&1"&%"(-3&#'&'5%"*%,(&0(&-'&".%8&I)(5("('&5'*(,%'-%F+,%&)1"*&7.',*(&,',(8 !"*4%&'&7.)*&#,('6%'&7-1%0%#+3&';.%&#('&).-%0+
R" & ?("(,'-3 & 7'#(5 & 5'*(,%'-%F+,% & 51-* & 5'% & 12.',(A & #."#("*,+5 & 2% & *,'")7.,5+5 & 7-1%01- & ;4"+&
#.")*%*1%5&0%"&(-&.&54"+&;-')*%#+3&1"(.,%&/%F%@%-+3&%',&'-*(.,%&;(,#(;*%@%-+3&0',&%"/%F%@%-+8&I0%#+&;1*(5&
5'*(,%'-%F'&.&54"+&).-%0+3&/%F%@%-+3&0',&#',(&"1&()*(&54"+&*,1;(')#+8&C'#+&.&')(5("('&54"+&):',& >*%%"6'&;+54"*1-1%&)1)6%"(&#+&#(-1-(-(&*,1;1-1%&/.)*,1&)1"*&0(;("0("*(&1"(-(&0(&'-*(-(8
;1*('&*+%'3&'5&/(0('&#+&"1&#1,?(&"%#%&.&;%#+*1,+&0(&)4"?(&0%"&('8&91*(5&#,('&1"&.,?'"3&@'&#$%',&1"& S1&'7%,5&#+&"%#%&.&#(-1-+&"1&')#1-*+&0(&.,0%"1-&#(-(%-'-*(&#(-1-(3&7%(#',(&01#4"01:2%&/%'6'&2%&
*,1; & !"*,(?3 & #',( & /' & '/(' & 5.-%#%1"(' & ;%(-%%3 & *+,%' & .')(-., & 2% & #+-01,' & '"%5'-+Q & /' & 7%& ).-%03 & 0', & "1& 51"#'&%"0(;("0("*+&1"'&0(&'-*'8&S)*(&'-*#(/'&#+&;,%"&51"#'&-.,3&#(-1-(-(&01#&-'&1"&,(F1-*'*&1"%#8
7%F%.-.?%#3&#%&"15'%&.&5'*(,%(&7-1%0%#+&).-%0%7%#'*+8 9,%" & 2*%%"6' & ".')*,+ & 2% & 1,54"0 & ;-'"1,%-( & #(-., & 5'% & 5',% & '% & ".2*,%3 & 5.0%7%#+5 & 5(,(1 & 5(0%1-&
C(&#(&)1"*&,',(&5'*(,%'-%F+,%-(&:&7%(&;',6%'-(3&7%(&*.*'-(D&9("*,1&#+&"1&"(&()*(&;(,5%)&)+&);(,%(5& !"#."=1,+*.,&'-&;-'"(*(%3&2%&#'&1,5',(&7.,5(-(&)(&5.0%7%#+&2%&)(&;(,7(#6%."('F+8&C',&.,%#4*&0(&"15(,.')(&
-15('8&G(&;,.01#(5&#1&)#.;&2*%%"6%7%#3&!"&7'6'&#1".)#+*.,%-.,8&J1&;,.01#(5&0()&')(5("('&7(".5("(3& 2%&0%/(,)%7%#'*(&/.,&7%&7.,5(-(3&;,%5'&7.,5+&:&#(-1-'&:&)(&5("6%"(&'#(('2%8
#'&"1&#15/'&)+&/'0+&2%&)+&!"/(6(&0(&-'&".%&("*%*+6%-(&%"7(,%.',(3&#',(&:&!"&%?".,'"6'&)'1&,+1*'*('&-.,&:&',& a&#(-1-+&.',(#',(&!2%&;.'*(&01#(&)%"?1,+&/%'6'8&C',&0'#+&/,('3&1"&C1$&#,('*.,&;.'*(&').#%'&)'1&
7'#(&5'*(,%'-%F+,%&;("*,1&'&);(,%'&2%&;(,)(#1*'&;(&#(%&!"*,1;'6%8&J15'%&!"'-*(-(&("*%*+6%&;.)(0+&'#(')*+& #.51"%F'&)1@&.&)%"?1,+&0%,(#6%(&0.1+&#(-1-(8&R")*,15("*1-&#1&#',(&C1$1-&#,('*.,&;.'*(&7'#(&'#(')*+&
2*%%"6+8&H4"0&)(&(L(#1*+&')(5("('&.;(,'6%%3&)(&%'1&*.'*(&5+)1,%-(&)+&"1&')%)*(&-'&(-(&"%#%&.&("*%*'*(& -1#,',(&()*(&;81%518&(8(#*,%#9
#+,(%'&"1:%&()*(&0'*&)+&'7-(&')(5("('&*'%"(8&U'*(,%'-%F+,%-(&)(&7'#&!"&7'6'&.'5("%-.,&#+,.,'&-(&()*(& K;%,%*1-&'&-1'*&0.1+&#(-1-(&2%3&-1#,4"0&')1;,'&-.,3&-(:'&;1)&!"&%5;.)%@%-%*'*('&0(&'&5'%&;1*('&*,+%&
;(,5%) & )+ & /'0+ & ')(5("(' & ;,(7'#(,% & '-( & 5'*(,%(%8 & J15'% & ".%3 & ("*%*+6%-( & )1;(,%.',(3 & '5 & '=1") & )+& )%"?1,(8
54"1%5&7-1%0(-(&2%&)+&-1#,+5&#1&(-(&*.*&#(&/,(58&G1"'&()*(&-'@.,'*.,1-&1"0(&"%&)(&;1"(&-'&!"0(54"+3& R'*+&!"6(-()1-&'#()*1%&7';*8
0%"&'@1"0("6+3&5'*(,%(&7-1%0%#+3&2%&1"0(&;1*(5&-1#,'&"()*%"?$(,%6%&0(&"%5("%8 K( & 2*%( & #+ & 7%(#',( & #(-1-+ & ()*( & !"#+,#'*+ & #1 & 0.1+ & 7(-1,% & 0( & (-(#*,%#%*+6%A & ;.F%*%/+ & 2% & "(?'*%/+8&
H(('&#(&"(&()*(&%"*(,F%)&)+&7'#(5&0()&;(&9+54"*&;1*(5&7'#(&#1&121,%"6+&2%&.,%#4"0&!"&G1"+3&1"0(& K;%,%*1-3&#1&;1*(,('&(/.-16%(%&)'-(3&/'&5.0%7%#'&0%)*,%@16%'&'#()*(%&(-(#*,%#%*+6%&!"&#(-(&0.1+&#(-1-(8&S-&
"1 & )1"*(5&)*4"=("%6%&0( & ("*%*+6%-(&%"7(,%.',(3 &;("*,1&#+ &(-( &"1&)( & ;.*&)1%&;4"+&'#.-.8& H4* & 0();,(& /'&7'#(&')*7(-&#'&.&#(-1-+&)+&'%@+&5'%&51-*+&(-(#*,%#%*'*(&;.F%*%/+&0(#4*&"(?'*%/+3&%',&!"&'&0.1'&#(-1-+3&
);%,%*(-(&).)%*(&)+:2%&7'#+&2#.'-'&;(&9+54"*3&.,%&#(-(&;,(?+*%*(&)+&(5%?,(F(&;(&'-*(&#.,;1,%&;-'"(*',(3& /(#%"+&#1&('3&)+&7%(&5'%&51-*+&(-(#*,%#%*'*(&"(?'*%/+&0(#4*&;.F%*%/+8&C(&'#15&#(-(&0.1+&#(-1-(&)1"*&
(-(&)1"*&#'"*."'*(&!"&'"15%*(&,(?%1"%&'-(&G1"%%3&'2'&#+&"1&')%)*+&-'&.;(,'6%%-(&2%&)*10%%-(&".')*,(&7+#1*(& ,.@%*(&1"'&'-*(%'3&;("*,1&#+&(-(&)(&'*,'?&1"'&#+*,(&'-*'8&9(&#4"0&#(-1-(-(&(,'1&-%@(,(3&7%(#',(&'/('&!"&
!"&;,(F("6'&5',%-.,&7.,6(&'"?(-%#(8 %"*(,%.,1- & (% & #(-( & 0.1+ & (-(#*,%#%*+6%3 & )(;','*( & ;,%"*,:1" & ;(,(*( & %0('- & 0( & (-(#*,%#%*'*( & "(1*,+8 &I#15&
G1"'&(&)(0%1-&-15%%&'"?(-%#(&2%&'&);%,%*(-.,&'-@(8&9+54"*1-&#&2#.'-'&-15%%&("*%*+6%-.,&%"7(,%.',(& '#(')*+&7.,6+&"(1*,+&):'&(L*(,%.,%F'*&2%&):'&'2(F'*&!"*,(&#(-(&0.1+&#(-1-(8&C%"&'#()*&5.5("*3&#(-(&0.1+&
S-(&"1&;.*&7%&(L#-1)(&0(&;,(*1*%"0("%3&7+,+&'&;,.01#(&!"&)17-(*1-&-.,&54$"%,(8 #(-1-(&)1"*Z6%"1*(&!"&(#$%-%@,1&0(&7.,6'&5(0%'"+&(L*(,"+&"(1*,+&2%&)(&'*,'?&1"'&#+*,(&'-*'&;,%"&'*,'#6%'&
c',%*'*(' & '#()*., & 7(".5("( & ()*( & (L;-%#'@%-+3 & 9+54"*1- & "(7%%"0 & -.#1- & %0('- & ;("*,1 & ')(5("('& #(-.,&0.1+&(-(#*,%#%*+6%&;,(;."0(,("*(&0%"&%"*(,%.,1-&-.,8&C%"&'#(')*+&#'1F+3&#(-1-(-(&'1&7.)*&)%-%*(&)+&)(&
(L;(,%5("*+,%8&!"&G1"+3&7%%"0&1"&5(0%1&;,%(-"%#3&;1*(5&7'#(&*.*&7(-1-&0(&5'*(,%'-%F+,%&2%&0(5'*(,%'-%F+,%3& ').#%(F(3&)+&)(&#.51"%F(F(8&9(&'#()*&;,%"#%;%1&):'&#-+0%*&!"*,('?'&/%'6+&',5."%#+&0%"&1"%/(,)1,%8
#,('6%%&0(&7.,5(&'".,?'"%#(&2%&.,?'"%#(8&!"&G1"+&!"#(,#+5&2%&,(12%5&)+&#,(+5&*.*&7(-1-&0(&/%(*+6%3& H1&'-*+&.#'F%(3&'5&);1)&#+&!"&K7(,'&0%/%"+&(L%)*+&#.,;1,%3&7%%"6(&/%%&%"7%"%*&0(&5%#%8&C',&.,%#4*&0(&
;-'"*(&2%&'"%5'-(&0(&*.*&7(-1-3&2%&0%7(,%*(&5.0(-(&0(&.'5("%8&p%"(!"6(-()3&*.'*(&)1"*&#,('6%%&7-1%0%#(8& 5%#+ & ()*( & '#(')*+ & /%(*'*(3 & *.*12% & ',( & 1" & #."6%"1*3 & 2% & 5'*(,%' & 0%" & %"*(,%.,1- & '#()*1% & #."6%"1* & ()*(&
[%'6'&*,1;(')#+3&')(5+"+*.',(&#1&#('&*(,()*,+3&"1&()*(&;.)%@%-+&;(&G1"+3&"(7%%"0&'(,&2%&';+8 !5;+,6%*+&!"&*,(%8&a&;',*(&()*(&!"#+,#'*+&#1&("(,?%(&)'1&7'#1-*'*(&;.F%*%/+3&.&'-*+&;',*(&',(&!")12%,(&
9(&#4"0&!"&=1,1-&;+54"*1-1%&(L%)*+&.&'*5.)7(,+&?'F.')+3&!"&=1,1-&?-.@1-1%&)(-("',&"1&()*(&0(#4*&.& "(?'*%/+3:2%&!"*,(&(-(&)(&'7-+&.&#'"*%*'*(&0(&)1@)*'"6+&(-(#*,%#+&"(1*,+8&H1&'#(')*+&;',*%#1-+3&%"7%"%*&0(&
'*5.)7(,+&7-1%0%#+3&-'&7(-&#'&!"&K.',(3&(L#(;*4"0&#+-01,'&-1%8&K.',(-(3&G1"'&2%&9+54"*1-&)1"*&#.,;1,%& 5%#+3&#1&'#(')*+&/%(*'*(3&H,('*.,1-&'&#,('*&*.*1-3&0(#%&2%&5'*(,%'&!"&)*',('&'&;'*,'3&"15%*+&).-%0+8
)'1&-'@.,'*.',(&#(,(2*%3&1"0(&("*%*+6%-(&7'#&)*10%%-(&#(,1*(&0(&P'*+-&#("*,'-8&C()%?1,&#+&)*10%%-(&7+#1*(& !")12%&H,('*.,1-&()*(&.,?'"%F'*&01;+&5.0(-1-&'#()*'3&%"7%"%*&0(&5%#3&0',&;-%"&0(&/%'6+8&H(-1-':/%'6+&
;(&K.',(&)1"*&)1;(,%.',(&#(-.,&7+#1*(&;(&G1"+&2%&9+54"*8&K*10%%-(&7+#1*(&;(&9+54"*&)1"*&.5("(2*%3&%',& ()*(&#(-&5'%&)%5;-1&#.,;&0%"&/(2"%#%(&2%&!"&*.*&R"7%"%*1-8
#(-(&0(&;(&G1"+&)1"*&)*15%%&'"-(8%#(9 C1;+&#(&'&7.)*&#,('*+&;,%5'&#(-1-+3&;,%51-&/%(61%*.,&;(&;+54"*3&):'1&-1'*&0.1+&')(5("('&#(-1-(&2%&
U(0%#1-&-1"',&*,(@1%(&)+&#1".')#+&51-*&5'%&@%"(&'"'*.5%'&.51-1%&0(#4*&5(0%#1-&15'"8&I2'&0(& '1 & 7.)* & ').#%'*(3 & #.51"%F'*(8 & H4* & *%5; & #(-1-(-( & (,'1 & -%@(,(3 & 5.',*(' & 1"(%' & "1 & %"7-1("6' & 0(-.#&
(L(5;-13&%&)(&.,0."+&5(0%#1-1%&-1"',&)+&#.")*,1%')#+3&;,%"&;1*(,('&?4"01-1%&)+13&1"&.5&0%"&7-1%01-& (L%)*("6'&#(-(%&/(#%"(8&C%"&5.5("*1-&#4"0&'1&7.)*&').#%'*(3&5.',*('&1"(%'&0%"*,(&(-(&/'&;,./.#'&2%&
)(-("',8&C'#+&"1&()*(&)'/'"*&#1".)#+*.,&'-&'"'*.5%(%&*,1;1-1%&15'"&"1&/'&;1*('&#,('&.&7%%"6+&15'"+& 5.',*('&#(-(%&0(&'&0.1'8&9,%"&5.',*('&#(-1-(-.,3&/%(6%-(&7-1%0%#(3&;',*%#1-(-(&/%%&,.@%*(&)(&/.,&)(;','3&
#.,(#*+Q&/'&%(2%&.&#',%#'*1,+&0(&.58&I)*7(-3&!"?(,%%&0(&;(&G1"+&#(,A&Bo+:5%&1"&.5&7+,+&;%(-(3&#'&)+&/+0& 7%%"0&;1)(&7%(#',(&!"&-%@(,*'*(8
0%);1"(,(' & /("(-., & 2% & ',*(,(-., & *,1;1-1% & 15'" & 0( & ;( & ;+54"*E8 & J15'% & #(- & #( & #1".'2*( & '05%,'@%-& H4*&'1&7.)*&!5;,(1"+3&#(-(&0.1+&#(-1-(&):'1&$,+"%*&2%&'1&#,()#1*8&C(&-'&1"&*%5;3&(-(&'1&!"#(;1*&)+&
0%);1"(,('&'#()*.,&/')(&/'&;1*('&,('-%F'&,(6('1'&#(,1*+&0(&;,.7().,1-&'"?(-%#8 )(&0%/%0+&2%&'1&7.,5'*&')*7(-&;'*,1&#(-1-(8&C1;+&1"&*%5;3&#(-(&;'*,1&#(-1-(&#,()#1*(&):'1&0%/%F'*
?271"%#+,%&5%"&?(, WWY
>%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*(
WWX
o%(#',(&#(-1-+&*,1;(')#+&',(&/%'6'&)'&;,.;,%(Q&*.*12%3&(&,.@%*+&!"*,(?1-1%8
!"&#4*(&0.1+&2%&'1&7.,5'*&.;*&#(-1-(3&2%&'2'&):'&1,5'*&5(,(13&!"&;,.?,()%(&?(.5(*,%#+8&I)*7(-&):'1& C1;+&#15&2*%6%3&.51-&()*(&.&*,%"%*'*(&7.,5'*+&0%"&)4%,%*/&4(,%)4%,%*&2%&*,149&9(,%);%,%*1-&:&0("15%*&
7.,5'*&5',%-(&2%&#.5;-%#'*(-(&/%(61%*.',(8&!"&7(-1-&'#()*'&)(&!"51-6(2*(&*.*1-&!"&#.)5.)8 %"(L'#*&0(&/.%&01@-1-&)'1&*%;',1-&:&()*(&7.,5'*&2%&(-&*.*&0%"&;',*%#1-(:/%'6+3&7%%"0&.&#.-."%(&0(&#(-1-(&
9,%"&').#%(,%&#."*%"1(&):'&7.,5'*&.&#(-1-+&#',(&(&.&#.-."%(&0(&/%(6%3&;',*%#1-(3&#(-1-(&7-1%0%#(8&J.%& 7-1%0%#(3&7%%"6(&0%/%"(8&C',&5'*(,%'&-1%&"1&(&)%5;-+3&#%&#.5;1)+8&G'&H("*,1-&#,('*.,&'#()*(&#(-1-(&
'/(5 & #.,;1- & );%,%*1'- & 7.,5'* & *.* & 0%"*,:. & %5(")%*'*( & 0( & ')(5("(' & ').#%(,%8 & C1;+ & 5.0(-1- & -15%%& 7-1%0%#(3&7%%"6(&/%%3&)1"*&)%5;-(3&0(#%&)(;','*(8&C%"&K7(,'&0%/%"+&)(&*.*&').#%'F+&!"&0%/(,)(&7(-1,%&2%&
);%,%*1'-(3&01$1-&'&#,('*&#(-1-(&/(?(*'-(3&'"%5'-(&2%&15'"(3&'%#%3&=.)3&!"&'&;'*,'&)*',(&'&5'*(,%(%8 ';.%&)1"*&*,%5%)(&!"&-15(3&;("*,1&'&#.")*%*1%&#,('6%'8&H(('&#(&7'#(&P'*+-&!"&K7(,'&0%/%"+3&7'#(5&".%&
P'*+-&#,(('F+&"15'%&#1&5'*(,%'&'7-'*+&!" &4,%7'&)*',(9 &I%#%3&=.)3&)(&-1#,('F+&*.*1-&#1&'#(('2%& '%#%3&#1&)%"?1,'&0(.)(@%,(&#+&S-&-1#,('F+&#1&7'*(,%'&5%0%"+&)%748+/&%',&".%&-1#,+5&#1&7'*(,%'&5%0%"+&
5'*(,%(3&0',&'7-'*+&!" &)*',('&'&4'*,'9 &a51-&#.@.,4*&;(&;+54"*3&',(&;.)%@%-%*'*(&)+&?+)(')#+&*.'*(& ')2#%'*+&2%&*,'")7.,5'*+&;,%"&(/.-16%(8
7(-1,%-(&0(&5'*(,%%3&0(F/.-*'*(&0%"&*,(';*+&!"&*,(';*+3&0(&-'&)%5;-+&;4"+&-'&').#%(,%&0(&#4*(&0.1+3&;'*,13
.;*&2%&'2'&5'%&0(;',*(8 "&&&&"&&&%
H(-(&0.1+&7(-1,%&0(&(-(#*,%#%*+6%&;.5("%*(&'1&"1&"15'%&'"15%*(&;,.;,%(*+6%3&0',&2%&'"15%*(&#1-.,%3&
#('&;.F%*%/+&7%%"0&'-@')*,+3&%',&#('&"(?'*%/+&:&,.2%(:?+-@1%(8&P.'*(&7-1%0(-(&0%"&1"%/(,)&)1"*&#.-.,'*(3& T"'&0%"&#(-(&5'%&%5;.,*'"*(&#(-1-(&'-(&*,1;1-1%&15'"&()*(&)4(,7'*2M2%5189&C(&')(5("('3&(-&()*(&
'1&#1-.,%&0%7(,%*(3&01;+&,.-1-&=1#'*&!"&1"%/(,)8 7.,5'*&0%"*,:.&5',(&#.-."%(&0(&#(-1-(&0%/%"(8&H1".)#4"0&#(&7'#(&2%&;(&1"0(&5(,?(3&);(,5'*.F.%01-&
()*(&#('&5'%&%"*(-%?("*+&#(-1-+&'&*,1;1-1%&15'"8&a&7.,6+&%,(F%)*%@%-+&!-&'*,'?(&#+*,(&).,'&)'&:&#(-1-'&
?(818'&;81%5%#+&1"%#+/&;',*%#1-':/%'6+&/("%*+&0%"&R"7%"%*3&()*(&#.-.,'*+&2%&('3&=15+*+6%-(&)'-(&'/4"0& 15'"+ & "15%*+ &20189 &C( & #(D & 9("*,1 & #+ & (- & ()*( & !"#+,#'* & #1 & (-(#*,%#%*'*( & ;.F%*%/+3 & %', & ./1-1- & : & #1&
#1-.,%&0%7(,%*(3&)(;','*(&;,%"*,:.&@'"0+&%"7%"%*&0(&)1@6%,(&0(&.&5'*(,%(&#.-.,'*+&/%.-'#(18&J.%&;1*(5& (-(#*,%#%*'*( & "(?'*%/+8 & H(-1-(-( & 0%/%"( & #',( & 7.,5('F+ & );(,5'*.F.%01- & )1"* & ;,(;."0(,("* & #1 & 7.,6+&
'*,'?(&'#()*(&;',*%#1-(3&0(.',(#(&"1&"(&;.*&,(F%)*'8&G(&;1*(5&'@).,@%&!"&#.,;1-&".)*,13&1"0(&%5(0%'*& ;.F%*%/+3&%',&#(-(&'-(&./1-1-1%&'1&5'%&51-*&.&7.,6+&"(?'*%/+8
)1"*&)%-%*(&)+&)(&').#%(F(&!"&#4*(&*,(%3&0(.',(#(&#.,;1-&".)*,1&"1&(&#.5;1)&0%"&#(-1-(&)%5;-(3&#%&0%"& 9,%"&1"%,('&#(-.,&0.1+&7%%"6(&15'"(&:&@+,@'*1-&2%&7(5(%'&:&)(&7.,5('F+&!"&#.,;1,%-(&-.,&1"&#45;&
?,1;(&*,(%5%#(8&C%"&'#()*(&#(-1-(&)%5;-(&):'&7+#1*&2%&)(&7'#(&*.*1-3&;,%"&#.51"%F',('&-.,&-'&%"7%"%*3& 5'?"(*%#8&!".*4"0&!"&'#()*&#45;&0(&7.,6+&("(,?(*%#+3&#(-(&0.1+&#(-1-(&#,('*.',(&)(&0.,()#&2%&#'1*+&)+&
!")12%&P'*+-&-(&'@).',@(&2%&-(&#.51"%F('F+&!"&*,1;1-&K+1&-'&%"7%"%*8 )( &1"(')#+8&I#()*&#45;&5'?"(*%#&):'& "+)#1*&0'*.,%*+& 1"1%&/4,*(=&0(&;',*%#1-(& )'1&#(-1-(& 0%/%"(8&
SL%)*("6'&'#()*(%&#(818(&4,%7(&()*(&.&,',%*'*(&'%#%&;(&9+54"*&2%&#.")*%*1%(&;("*,1&".%&5'%&51-*&1"& N,'6%( & '#()*1% & #1,("*3 & );(,5'*.F.%01-Q()*( & '*,') & #+*,( & #("*,1- & );%,'-(% & !" & 5%=-.#1- & #+,(%' & )( & '7-+&
.@%(#*&0(&)*10%18&SL%)*("6'&(%&-%@(,+&"1&()*(&;.)%@%-+&0(#4*&*(5;.,',8&I%#%3&*.*1-&()*(&#.51"%F'*8&H15& ./1-1-8&a&0'*+&#(&);(,5'*.F.%01-&):'&'*%")&0(&./1-3&)(&#."71"0+&!"&5')'&-1%3&)(&)'#,%7%#+3&!"&7.-.)1-&
7%(#',(&#.,;&!2%&',(&#1-.',('&)'3&".%&)1"*(5&'=1*'6%3&!"&)*10%%-(&".')*,(3&0(&#1-.,%-(&-.,8 #.51"%*+6%%&0(&#(-1-(&0%/%"(8&c(F1-*'*1-&71F%."+,%%&'#()*.,&0.1+&#(-1-(&15'"(&)(&"15(2*(&219
H(-1-'&;,%5+&)'1&;',*%#1-':/%'6+&1-*,'5%#,.)#.;%#+&'5&);1)&#+&()*(&.&7%%"6+8&a,%#4*&0(&5%#+&()*(3& H'&.,%#(&!"&1"%/(,)3&#(-1-':.1&/'&!"#(;(&2%&('&)+&)(&0%/%0+&;(&#'-(&?(.5(*,%#+8
".%3&);%,%*(-(&)1;(,%.',(3&*,(@1%(&)+:%&)*10%(5&/%'6'&2%&5'"%7()*+,%-(8&H15&"1&'/(5&;.)%@%-%*'*('&)+&.& H%"(&'&7+#1*&;,1"#1-D&>*%%"6'&);1"(&#+&*'*+-&2%&5'5'&-1%8&!"&,('-%*'*(3&<:'&7+#1*&H,('*.,1-3&#+#%&
)*10%(5&%"0%/%01'-3&)1"*(5&"(/.%6%&)+&7'#(5&)*10%%&')1;,'&').#%'6%%-.,&(%8&H(-1-'&7-1%0%#+3&;',*%#1-': 0'#+&S-&"1&;,(?+*('&#(-1-(-(&0%/%"(&)'1&7-1%0%#(3&);(,5'*.F.%01-&2%&./1-1-&"1&5'%&(L%)*'18
/%'6+&.&?+)%5&').#%'*+&#1&51-*(&'-*(&;',*%#1-(&/%%3&#$%',&!"&#.,;1-&#(-1%&5'%&5%#&5%#,.@3&#',(3&0(#%3& [.%&2*%6%&'*4*'&#4*&/(0(6%8&J.%&/(0(5&0%"#.-.&0(&/(0(,('&/.')*,+3&#1".'2*(5&,('-%*'*('&;,.71"0+&'&
()*(& .&#.-."%(&0(& ;',*%#1-(:/%'6+8&o%(#',(&#(-1-+&0%"&*,1;1-&/.)*,1 &()*(&.&/')*+& #.-."%(&0(&#(-1-(& 7(".5("(-.,8&H4"0&#(%&0.%&.'5("%&)(&)*,4"?&!"&@,'6(&2%&B)(&%1@()#E3&/(?$(*.,%%&-.,&"1&)*'1&#1&@,'6(-(&
7-1%0%#(3&;',*%#1-(:/%'6+3&0%"&-15('&".')*,+&);%,%*1'-+8&a&?-.@1-+&,.2%(&0%"&)4"?(-(&/.)*,1&()*(&.&5',(& !"#,1#%2'*(8&C'#+&0%"&'"15%*(&5.*%/(&!"&0()*%"1-&-.,&(&;,(/+F1*&)+&"1&'%@+&#.;%%3&/(?$(*.,%%&'"1-('F+3&
#.-."%(&0(&#(-1-(&7-1%0%#(3&;',*%#1-(:/%'6+&)'1&7%%"6(&/%%8 0%)*,1?&#45;1-&5'?"(*%#&2%&0(7-1%0%F('F+&7%(#',(&0%"&(-(5("*(-(&)(L1'-(8&G%;)%*(&0(&7.,6(-(&0(&'*,'#6%(3&
!"&1-*%5+&'"'-%F+3&*,1;1-&/.)*,1&()*(&.&/')*+&#.-."%(&0(&#(-1-(&*,1;(2*%3&#',(3&-'&,4"01-&-.,3&)1"*& #(-(& 0.1+& #(-1-(& )(L1'-(& ,+54" & 0(;+,*'*( &1"' & 0(& '-*' & 2%& 01;+& 1" &*%5; & 5.,8 & SL'5%"4"0& #1;-1-3&
').#%'6%%&0(&5',%&#.-."%%&0(&7%%"6(&/%%3&#(-1-(&7-1%0%#(8&H1&'-*(&#1/%"*(3&*,1;1-&/.)*,1&()*(&7.,5'*&0%"& 5(0%#1-& 15'"&#.")*'*+&#+& #(%&0.%&).6%&)1"*&)+"+*.2%3&2%& "1&2*%(&"%#%&(-&0(&#(& "1& 7'#&#.;%%8&R")+&
5%-%',0(&0(&%"0%/%01'-%*+6%3&0(&7%%"6(&/%%&%"7%"%*&0(&5%#%8&H(-1-'&7-1%0%#+3&;',*%#1-'&/%(3&#.")*%*1*%/+&'& /(?$(*.,%%&-.,&2*%13&;("*,1&#+&(%&'1&#."*,%@1%*&-'&)*(,%-%*'*('&(-(5("*(-.,&)(L1'-(8
*.*&#(&(L%)*+&!"&1"%/(,)&()*(&'*4*&0(&5%#+3&!"#4*&#(-&5'%&5%#&/%(61%*.,&0(&;(&;+54"*3&/%F%@%-&0.',&#1 C'#+&!"&0()*%"1-&).6%-.,&(&!")#,%)&#'&(%&)+&'%@+&#.;%%3&#1,)1-&7(".5("(-.,&".,5'-(&',(&-.#3&2%&0(&
5%#,.)#.;1-3&(&1"&(-(7'"*&;(&-4"?+&('8 '#15&!"#(;(&5',('&.;(,+&'&#,(+,%%&1"1%&".1&.58&K;%,%*1-&.,4"01%*&)+&/%"+&!"&)4"1-&'#()*(%&7'5%-%%&'&2%&
P.*'-%*'*(' & #(-1-(-., & 7-1%0%#(3 & 0%/(,)(-( & -., & ').#%(,% & 7.,5('F+ & 7-1%01-8 & o-1%01- & ( & .& 5'*(,%(3 & 2%& ).)%*&-'&".1'&(L%)*("6+& *,1;(')#+8&C(;%"0(&0(&*,(#1*1-&)+13& 0'#+&'&/("%*&-'&. &/%'6+&0(&@1#1,%%&2%&
'"15(&.&5'*(,%(&0%/%"+&7.,5'*+&0%"&').#%(,%&0(&;',*%#1-(&/%%8&H(-&5'%&;1,&7-1%0&0%"*,(&*.'*(&7-1%0(-(& 51-615%,%3&)'1&-'&#$%"1,%-(&%'01-1%&/%(6%%&*(,()*,(8
15;-(&U'5',1-&K7(,(%&0%/%"(8&S-&()*(&!"*,(6%"+*.,1-&/%(6%%&0%"&1"%/(,)8
c4"0&;(&,4"03&;,%"*,:.&(/.-16%(&-1"?+3&0(:.&/(2"%#%(3&'#()*(&#(-1-(&)%5;-(3&0%/%"(3&'1&'=1")&)+&
'%@+&0%7(,%*(&!")12%,%8&S-(&"(&;+)*,('F+&#1".2*%"6(-(&'?."%)%*(&!"&0(#1,)1-&"("15+,'*(-.,&(L%)*("6(3&
#.")*%*1%"0 &#2,418&"2)*,1&7(72,%(9 &P.*&.&#(-1-+&0%/%"+&#.")*%*1%(&7.,6'&("(,?(*%#+&#(&"(&;(,5%*(&
L.-6(N(.&()T=&/K.+*+#
#1-(*',('9 &p%"(!"6(-()3&!"&)#4"*(%'&)'1&#.,;1-&".)*,1 &0%/%"&(-(&)(&'7-+&*.*&*,(%5%F'*(3&#+#%&-%@(,(3&
)%5;-(3&"1&)(&'7-+&0(#4*&!"&G'@.,'*.,1-&0%/%"8 J.%&'5& '/1*& 5(0%15%& )1;(,%.,%& 0(& #4"0& (L%)*+& -15('3& "15'%& #+& '#*%/%*'*('& ".')*,+& '& 7.)*& #1&
c(6%"(6%A &K,%#(&;%%".+/&2,%#(&81#,1/&*2*&#(&0(5(.%&!"&G1,18&02)*,1&'&42,"%*&5(&8'&'#(')*+&7%#+ & %"*(,5%*("6+8&I)*7(-3&'1&7.)*&(;.#%&#4"0&'5&'/1*&1"&,';.,*&7.',*(&@.?'*&#1&-15('&*,1;(')#+3&2%&'1&7.)*&
;+4*1,+/&4',*%#18+&0%(/&#('&7'%&)%748+&0%'.+&5%"&*2*&#2)72)189 '-*(&*%5;1,%&#4"0&-15('&*,1;(')#+&'&,+5')&';,.';(&!"&!"*1"(,%#8&P.*1-&'&0(#1,)&01;+&7(-1-&);%,%*(-.,&
C(&-'&)%5;-1&1,#+53&#$%',&2%&".%3&;(&)#','&;,.?,()%/+&'&#.")*,1#6%%-.,&7-1%0%#(&)'1&0%/%"(8&I#()*(& !"*,1;'*(&=.)&;(&;+54"*8&IF%&"(&/%"(&!"&'=1*.,&2*%%"6'&.7%#%'-+3&#',(3&7+#4"0&0()#.;(,%,%&!"&0.5("%1-&
7%%"6(3&%"7%"%*&0(&5%#%3&;,.?,()('F+3&0',&2#.'-'&-.,3&-'&7(-&#1&#('&'&01$1,%-.,3&)(&7'#(&;,%"&').#%(,(8& 1"0(-.,3&/%@,'6%%-.,3&.7(,+&-15%%&!"*,1;'*(&;.)%@%-%*'*('&)+&!"6(-('?+&5'%&12.,&"'*1,'&".')*,+&#.")*%*1*%/+8&
T"%,(' & 7'#( & *+,%'8 & H1 & #4* & . & #.-."%( & ()*( & 5'% & "15(,.')+3 & #1 & '*4* & /' & '*%"?( & ?,'0( & 5'% & !"'-*( & 0(& K;(,+5&#+&!"&*%5;1,%-(&#(&/.,&/("%&"1&/.,&5'%&7%&!"0.%(-%&!"&#(('&#(&;,%/(2*(&(L%)*("6'&".')*,+8
(/.-16%(8&P%5;1-&"(#()',&;("*,1&'&)(&'=1"?(&-'&*,(;*(&)1;(,%.',(&:&(&.&'-*+&;,.@-(5+8 T"%%&0%"*,(&".%&);1"Q&BS&5'%&@%"(&#'&7,'6%%&".2*,%&*,1;(2*%&)+&"1&"(&#1".')#+&0(-.#E8
C'3A& '2'& ()*(3 & 0%" & 1"(-( & ;1"#*( & 0( & /(0(,(3 & 0', & "(& ()*( & 5%-+ & 0( & 01,(,(' & /.')*,+3 & #'1F'*+ & 0(&
T"'&0%"&5',%-(&#.-."%%&0(&')*7(-&0(&/%(*+6%&1-*,'5%#,.)#.;%#(&()*(&*,1;1-&!5@,+#'*&0(&);%,%*1-&
%?".,'"6'&!"&#',(&;-1*%6%3&0(&"(#1".'2*(,('&-(?%-.,&5.,'-(3&#',(&#."01#&1"%/(,)1,%-(8&U%-'&7'6+&0(&/.%&
15'"8&o%(#',(&0%"&#(-1-(-(&'#()*1%&*,1;&(&.&#.-."%(&0(&7%%"6(&)%5;-(&0%/%"(8&H4*&*%5;&#(-1-'&*,+%(2*(3&
"(&!"0('5"+&)+&"(&,1?+5&P'*+-1%&#(,()#3&)+&"(&!"?+01%(&)+&"(&,(/(-+5&2%&)+&/+&!"#1,'=+5&!"&0,151-&
#.-."%'&0%/%"+&.@)(,/+3&!"/'6+&2%&;,.?,()('F+8&H4"0&#(-1-'&*,1;(')#+&5.',(3&#.-."%'&)(&0()*,'5+&
/%(6%%&/.')*,(&;-%"&0(&01,(,%8&S&0,(;*&#+&0%"&'-*(&;1"#*(&0(&/(0(,(&()*(&5'%&@%"(&#'&.51-&*,1;()#&)+&"1&
;("*,1&1"&5.5("*3&2%&';.%&)(&,(?,1;('F+&2%&,(!"*,1;('F+&!"*,:.&'-*+&#(-1-+&*,1;(')#+3&;("*,1&':2%
2*%(&0(&(L%)*("6'&".')*,+8&I2'3&0(&(L(5;-13&0(&#(&)+&2*%(&(-&#+&()*(&/(?$('*&!"&7%(#',(&#-%;+&'&/%(6%%&
#."*%"1'&(/.-16%'8 )'-(3&#+&"1&;.'*(&)+/4,2%&"%#%&.&'#6%1"(3&.,%#4*&0(&*'%"%#+3&7+,+&)+&"1&.&2*%(&5',*.,1-&"(-%;)%*3&'-%;%*&0(&
N,'6%( & '@).,@%,%% & 2% & ,(?,1;+,%% & 0( & ;',*%#1-( & /%%3 & *,1;1- & 15'" & #,(2*( & 5(,(13 & 0( & -' & .1 & ;4"+ & -'& 7%%"6'&)'3&#$%',&!"&5.5("*1-&#."#(;(,%%&)'-(8
5'*1,%*'*(3&;,%"&0%/%F%1"('&2%3&0(#%3&!"51-6%,('&2%&#,(2*(,('&#(-1-(-.,&*,1;(2*%8&H(-1-(-(&*,1;1-1%&15'"& H1&'#(')*+&.#'F%(3&0%"&".13&)(&/'&,%0%#'&.@%(#6%'A&BC',&'*1"#%&.51-&"1&5'%&()*(&-%@(,E8&p'&0'3&(-&
)1"*&#.-."%%&5(,(1&,(!"".%*(&0(&;',*%#1-(&/%%3&#',(3&7%%"0&'/%0(&0(&2#.'-'&/%(6%%3&/%"&)+:2%&*,+%')#+&/%'6'& ()*(&-%@(,3&0',&',(&.&8%A(,*'*(&,(8'*%0+9&S&-%@(,&)+&7'#+&#(&/,('3&0',&)+&"1&);1"+&-'&x10(#'*+&#+&"1
!"&*,1;1-&15'"8&H4"0&*,1;1-&.51-1%&5.',(3&#.-."%%-(3&%"7%"%*&0(&"15(,.')(3&)(&;1"&!"&-%@(,*'*(3&0',&
'2*(';*+&!"&);'6%1&.#'F%'&)+&7.,5(F(&*,1;1,%&".%3&1"0(&/.,&#+1*'&)+&)(&,(!"*,1;(F(&2%&(-(3&,4"0&;(&,4"08&
9,%" & 1,5',(3 & 2% & #(-1-(-( & 7-1%0%#(3 & ;',*%#1-(-(:/%'6+ & *,(# & ;,%"*,:. & #."*%"1+ & ,(!"*,1;',(3 & !" & /(0(,('&
)*10%1-1%3&'-&;,.?,()1-1%3&')(5("('&);%,%*1-1%&!"*,1;'*&!"&5%=-.#1-&#.-."%(%&0(&#(-1-(&*,1;(2*%8
WWZ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&a&F&521'&#',*( ?271"%#+,%&5%"&?(, WW[

'&7.)*&)7+*1%*3&#+&"1&%&):'&',+*'*&#'-('&0,(';*+8&a51-&;,%5(2*(&.&)%5;-+&)1?()*%(3&'*4*&2%&"%5%#&5'%& ;4"*(#(-1%8&!"&/%%*.,3&#';1-&)(&/'&';,.;%'&#4*&5'%&51-*&0(&;%(;*3&;,%"&,(01#(,('&?4*1-1%8&H1&#4*&)(&/'&
51-*3&';.%&(&-%@(,&)+&7'#+&#(&/'&0.,%3&#15&/'&).#.*%&(-Q&()*(&-%@(,3&;("*,1&#+3&!"&0(7%"%*%/3&"1:<&/(0(&;(& ';,.;%'&#';1-&0(&#("*,1-&;%(;*1-1%3&.51-&/'&0(/("%&5'%&%"*(-%?("*8&H'&;,.@+&0(&'#()*&7';*3&)1"*&7,'6%%&
/(?$(*.,1-&)+1Q&(&-%@(,&)+&7'#+&#(&/,('3&#,(F4"0&#+&"1&()*(&/+F1*&0(&"%5("%8&C'#+&):',&2*%&/+F1*3&2%:',& /.2*,%&#1&2%,'&);%"+,%%&)#1,*'*+3&;,%"&';',%6%'&#.#.'2(%&0.,)'-(3&'/4"0&#("*,1-&#';1-1%&5'%&';,.;%'*&0(&
')#1"0(&;.,"%,%-(8&H',(&$.6&',&5'%&71,'3&0'#+&',&/(0('&;(&#.5%)',&'-+*1,%&0(&(-D #("*,1-&;%(;*1-1%8&C%"&'#(')*+&#'1F+&'#(2*%&.'5("%&)1"*3&!"&?("(,'-3&7.',*(&%"*(-%?("6%8&[.,&*,(#(&51-*(&
G(?('&0%/%"+&);1"(A&K718(/&)+&"1&1#%M%9&>(&#(&)+&);+,E7%&2&0%'.+&4(&#',(&"1&(3*%&!"&)*',(&)+&2 & 5%%3&F(#%&0(&5%%&0(&'"%3&2%&#';1-&.51-1%&/'&*%"0(&)+&)(&';,.;%(&0(&#("*,1-&;%(;*1-1%8
#,((M%y&I2'&'&);1)&P'*+-3&0',&.51-3&"(/+F4"0&;(&P'*+-3&#'0(&!"&;+#'*&2%&#.5%*(&1#%0(,('8&I#*1-&)+1&):'& C'#+&',&5'%&*,+%&.51-&0%"&5%%-(&0(&/('#1,%&*,(#1*(3&'6%&);1"(&#+&()*(&1"&5.")*,18&C'#+&'6%&*,+%&
!")#,%)&!"&;(,%);%,%*1-&)+13&!"&',$%/'&;-'"(*(%&2%&!"&;-1)&()*(&2*%1*&0(&/(?$(*.,1-&)+18&I#15&5'%&()*(& '%#%3&;()*(&)1*(&0(&5%%&0(&'"%3&.'5("%%&'#(-.,&/,(51,%3&/:',&).#.*%&5."2*,%8&K;%,%*1-&(/.-1('F+&!"&
;.)%@%-+&"(?',('D&T,5',('&()*(&%);+2%,('&;,%"&)17(,%"6(&#,10(8 /(2"%#%(3&';,.;%%"01:)(&0(&N-.,%'&P'*+-1%8&C',&'-+*1,%&0(&(/.-16%'&);%,%*1-1%3&(L%)*+&2%&(/.-16%'&7.,5(-.,&
K;%,%*1-&-%@(,3&"(!"*,1;'*3&"1&;.'*(&#.5%*(&')(5("('&%-(?'-%*+6%3&0(.',(#(&0(2%&(-&"1&/(0(&;(&P'*+-& *,1;1,%-.,&!"&#',(&)(&!"*,1;('F+&);%,%*(-(3&;("*,1&'&7'#(&2#.-%-(&;-'"(*',(8&!"?(,%%&;+54"*1-1%3&#,('*.,%%&
#("*,'-3&*.*1-&0%"&=1,1-&)+1&!%&0(5.")*,('F+&(L%)*("6'&K'8&I2'0',&);%,%*1-&?,(2(2*(&7.',*(&,',3&;(&#4"0& 7.,5(-.,&0(&;-'"*(3&'"%5'-(&2%&.'5("%3&-1#,('F+&#$%',&2%&'F%&-'&;(,7(#6%."',('&*,1;1,%-.,&'#()*.,&7%%"6(3&
!"*,1;'*1-&?,(2(2*(&5(,(1&2%&'0()('&!"#'-#+&-(?%-(&#(-(&5'%&%5;.,*'"*(8 ;.*,%/%*&?,'01-1%&-'&#',(&;+2(2*(&5(,(1&?-.@1-&'#()*'&;+54"*()#8
[%'6' & *,1;(')#+ & ( & 1" & (L'5("3 & ;,%" & #',( & #."2*%%"6' & );%,%*1-1% & ()*( & ;1)+ & -' & !"#(,#',(8 & S' & ()*(& 9,%"&1,5',(3&)+&"1&#,(0(6%&#+&*.*&#(&/(0(6%&'F%&;(&;+54"*&'&'*%")&;(,7(#6%1"('3&7%"'-1-&(/.-16%(%8&K+&
*(,5.5(*,1-&#',(&','*+&?,'01-&0(&!"6(-(?(,(&'-&);%,%*1-1%3&*+,%'&)17-(*1-1%&)+1&2%&)1;1"(,('&)'&7'6+&0(& "1&#,(0(6%&#+&):'&*(,5%"'*&2#.'-'&(/.-16%(%&;("*,1&7.,5(-(&*,1;1,%-.,&*1*1,.,&/%(61%*.',(-.,8&S-(&)1"*&
o.,6'&9,%5+&0(&1"0(&'&;.,"%*&.0'*+8&c(!"*,1;',('&()*(&1"&'#*&01,(,.)3&0',&%"(/%*'@%-3&0(.',(#(&7+,+&('& 7.,5(&0(&*,'"F%6%(&);,(&7.,5(&5'%&';,.;%'*(&0(&;(,7(#6%1"(3&#+1*4"0&5(,(1&)+&)(&';,.;%(&0(&7.,5'&
"1&)(&;.'*(&7'#(&"%#%&1"&;,.?,()8 )7(,%#+&'&P'*+-1%&#("*,'-8
H1&#4*&#%"(/'&()*(&5'%&';,.;%'*&0(&;(,7(#6%1"(3&5'%&'/'")'*&0%"&;1"#*&0(&/(0(,(&5.,'-3&*("0%"6(-(&
)'-(&0(&'&#+0('&)1"*&5'%&,',(8&9(&5+)1,+&#(&o.,1-&)1;(,%.,&/(0(&#+&01$1-&!"*,1;'*&',(&*("0%"6'&0(&'&"1&
5'%&?,(2%3&%&)(&;(,5%*(&#'&!"&)*',('&)'&0(&/(?$(&)+&"(&#1".')#+3&)+&;.'*+&(L;(,%5("*'&0%,(#*&#1&".%3&
;,%"&%"*(,5(0%1-&1"1%&5(0%158&I)*7(-3&01$1-&/'&.@6%"(&,(F1-*'*(&'*4*&0(&@1"(3&!"#4*&0(2%&()*(&!"#+&!"& C1$1-&;-('#+&"(2*%1*.,&0(&-'&H("*,1&2%&)(&!"';.%'F+&!"&?-.,%(&);%,%*1'-+
$'%"'&0(&-1*3&!"'%"*(&0(&'&.&7%&-(;+0'*3&(-&'&2%&%"*,'*&!"&-15('&0(&1"0(&'&;-(#'*3&;,%"&%0(%-(
2%&7'#1-*+6%-(&)'-(&);%,%*1'-(8 H1".2*%"6(-(&".')*,(&)1"*&/')*(&!"&*.'*(&0.5("%%-(3&'*4*&0%"&#(-(&#1".)#1*(&0(&2*%%"6'&/.')*,+3&#4*3&
T"'&0%"&#."0%6%%-(&;,%"#%;'-(&#'&1"&!"*,1;'*&)+&'7-(&0(&-15('&".')*,+&2%&)+&)(&!"*,(6%"+&#1&".%&()*(& 5'% &'-()3&!"&51-*(&0.5("%%&"('=1")( &-'& #1".2*%"6'&/.')*,+8& N,(1*+6%& %")1,5."*'@%-(& 2%3& 5'%&'-()3&
#1,+6("%'&;(,7(#*+3&);%".("%'&/%(6%%&)'-(8&J1&(&)17%#%("*&#'&#%"(/'&)+&#%*(')#+&#(/'&0();,(&".%3&)'1&)+& .,0%"(&"(&!"?,+0()#3&)+&/+&#.51"%#+5&#$%',&2%&'*4*&#4*&;.)(0'6%&#'&);%,%*(&-%@(,(8
')%)*(&2%&)+&'10%(F(&#1/4"*+,%-(&".')*,(3&;,%"&%"*(,5(0%1-&1".,&5(0%15%8&J1&(&0('=1")&)+&7%(&#."/%")& !"&5(5.,%'&*'&0(&);%,%*&)1"*&'#151-'*(&51-*(&*'%"(8&C',&"%#%&5+#',&0%"&'#()*(&#1".2*%"6(&'-(&*'-(&
0(&(L%)*("6'&".')*,+3&#%&*,(@1%(&)+&01#+&.&/%'6'&#1,'*+3&0%"&;1"#*&0(&/(0(,(&5.,'-8 "1:6%&;1*(5&,(/(-'&*.*1-&'#153&!"&(L%)*("6'&*'&0(&.5&*,1;()#8
J.%&(L%)*+58&U'=.,%*'*('&"(&"('?+3&%',&.&5%".,%*'*(&"(&@+"1%(2*(8&a&%"7%5+&;',*(&0(&)17-(*(&#1,'*(& !" & '7',+:0( & #1".2*%"6(-( & .@6%"1*( & ;,%" & .@)(,/'6%%-( & 2% & )*10%%-( & ".')*,( & ;,.;,%%3 & ;,%5%5 & 51-*(&
"(&#1".'2*(&;(,7(#*3&"(&#1".'2*(&;1*(,('&2%&#45;1-&/')*&'-&#1".2*%"6(-.,8&H$%',&0'#+&'6%&'/('&F(#%&0(& #1".2*%"6(&0(&-'&-15('&'"?(-%#+8&S%&"1&;.*&)+&"(&5%"*+8&U%"#%1"'&()*(&#('&5'%&5',(&0(#+0(,(&5.,'-+&
5(0%15%&'10%*.,%:)#,%%*.,%3&/:'5&;1*('&0%#*'&#1".2*%"6(-(&".')*,(&0%"&0.5("%1-&);'6%%-.,3&F%&2%&".';*(3& ;("*,1&1"&!"?(,3&;,(7(,4"0&)+:2%&','*(&"(2*%%"6'&!"&#(('&#(&;,%/(2*(&1"&)1@%(#*&.',(#',(3&0(#4*&)+&"(&
;4"+&-'&%"7%"%*8&C',&(/.-16%'&15'"+&*(,()*,+&"(&!5;%(0%#+&)+&-(&0()7+21,+53&,+54"4"0&)+&0+5&"15'%& );1"+&.&5%"#%1"+8&K+&5%"*+&;(&1"&01$&,.21&()*(&"(0(5"3&#."0'5"'@%-8&K+&5%"*+&;(&1"&01$&'-@&()*(&
);%#1%,%3&#4*(&#(/'&0%"&(-(8 %5;.)%@%-3&;("*,1&#+&".%&;1*(5&!"*,(@'&'-6%&!"?(,%&2%&)(&/'&0./(0%&5%"#%1"'8
U%"#%1"'&()*(&'7%,5',('&1"1%&"('0(/+,8&C(&51-*(&.,%3&5%#%%&".2*,%&7,'6%&,.2%%&/+&*.',"+&"('0(/+,1-8&
K;%,%*(-(&'-@(&"1&/+&;.*&5%"6%3&7%%"0&#."2*%("*(&#+&/.,&7%&;(0(;)%*(8
C%/%"%*'*('3&.&7%%"6+&#'&2%&".%3&)*+&!"&#("*,1-&-15%-.,&#,('*(&0(&S'&2%&0(&'#.-.&#."01#(&*.*1-8&G'&
o.,5'&#.,;1,%-.,&#(,(2*% "'2*(,('&".')*,+3&0%/%"%%&H,('*.,%&"(:'1&/.'-'*&5(5.,%'&0%/%"+&2%&')*7(-&'5&,+5')&"15'%&#1&.&7+,45+&
0(&5(5.,%(8&G'&!"*,1;',('&01$1-1%3&7'#(5&#1&(-&-'&7(-8&C(&#4*(&.,%&)(&!"*,1;('F+&01$1-3&-(?('&#(,(&)+:
K1"*(6%&7(,%#%6%&#4"0&'1F%6%&#.51"%#+,%-(&".')*,(3&0',& "();1)& 0(&7(,%#%6%& )1"*(5& ".%3&#+&"%& )(& <&'#.;(,%53&)+:%&!"*1"(#+5&*.'*+&2*%%"6'&0(&01$3&*.'*(&#1".2*%"6(-(&)'-(&0();,(&*'%"(-(&-15%-.,3&'2'&#+3&
0(/("%"0&.5&*,1;()#&"1&5'%&2*%(&'@).-1*&"%5%#&:&#%"(&()*(3&0(&1"0(&/%"(3&;("*,1&#(&):'&"+)#1*3&!2%&
;(,5%*(&)+&/+&%"%6%(5&!"&*'%"(-(&".')*,(3&!"&'-#+*1%,('&".')*,+&).#%'-+8 0(';+"+&/%'6'&*(,()*,+&#'&2%&#15&):'&"+)#1*&;("*,1&;,%5'&.',+&2%&/'&*,+%&;("*,1&1-*%5'&.',+8
[(0(6%&!"&=1,1-&/.)*,1&#+&5%-%',0(-(&0(&)*(-(&2%&;-'"(*(&'1&7.,5'&)7(,%#+8&I*.51-&/.)*,1&(&)7(,%#3& P,+%6%&2%&)17(,%6%&%"7-1("6'&5(0%1-1%&/.)*,13&'-&"'*1,%%&2%&'-&).#%(*+6%%3&0',&1,5+,%5&2%&!",(?%)*,+5&
;%#+*1,'&0(&,.1+&0(&;(&7,1"F+&*%"0(&)+&%'&*.*&7.,5'&)7(,%#+8&S%&@%"(3&0,'?1-&5(13&7.,5'&)7(,%#+&()*(& )%561,%-(&2%&?4"01,%-(&/.')*,(3&2%&"(&0+5&)('5'&0(&7(-1-3&0(&?,'01-&?4"0%,%%&2%&(/.-16%(%&/.')*,(8&J.%3&
7.,5'&0(&@'F+&'&*.*&#(&(L%)*+&!"&-15(8&o.,5'&)7(,%#+3&')(5+"+*.',(&#1&.&;.,*.#'-+3&.&%'1&2%&);%,%*(-(& );%,%*(-(&0%,%?1%*.',(3&"(&7'#(5&2#.'-'&;(&;%(-('&/.')*,+8&9,%"&".%&P'*+-&#(,()#&()*(&%"7.,5'*3&"(2*%1*&
)1;(,%.',(8 & K7(,%#+ & ( & 2% & 7.,5' & P'*+-1% & #(,()#8 & !" & =1"%% & K7(,(% &P'*+-1% & #(,()# & )( & ,.*()# & #(-( & ;'*,%%& 0(&".%3&%',&".%&"(&%"7.,5+5&0();,(&/%'6'&*(,()*,+&;,%"&/.%8
1"%/(,)1,%3&)7(,%#(&2%&(-(8 I5&)+&%#/%"&')1;,'&01$1-1%:#.;%-3&;+,*%#%#'&0%/%"+&0%"&P'*+-&0%/%"8
I)(5+"+*., & : & )'13 & 5'% & (L'#*3 & );,( & ')(5+"',(' & P'*+-1% & #("*,'- & : & ()*( & 2% & *,1;1- & .51-1% & 2% & '-& K#4"*(%'&0%/%"+&()*(&(L;1-F'*+&0%"&H';1-&0%/%"&2%&',1"#'*+&!"&K7(,':U'5',8&I%#%&()*(&-1'*+&!"&
'"%5'-(-.,&)1;(,%.',(8&H';1-&/.)*,1&()*(&,.*1"0&2%&'2(F'*&'-+*1,%&0(&*,1;1-&.',(#15&./'-8&H'&2%&K7(,'& ;,%5%,(&0(&.&;,%5+&#'*(?.,%(&0(&5',%&C1$1,%3&#',(&.0'*+&'1&7.)*&2%&(-(&01$1,%&5%#%3&#'&5%"(8&I#(2*%&
0%/%"+3&2%&*,1;1-&/.)*,1&',(&;'*,1&'"(L(3&)'1&';("0%#(&:&#(-(&;'*,1&5(5@,(&:&#.,();1"F+*.',(&#(-.,& 5',%&I1L%-%',%&0%/%"%&%5;(,7(#6%."('F+&#.;%-1-&0%/%"3&!%&/.'-('F+&5(5.,%'&0%/%"+8&I#(')*+&.;(,'6%(&
;'*,1 & 1"%/(,)1,%3 & '7-'*( & !" & -(?+*1,+ & 7-1%0%#+ & #1 & H("*,1-8 & C(2% & .51- & ',( & 7.,5' & *,1;(')#+ & #(' & 5'%& ()*(&'@).-1*&"(#()',+3&0(.',(#(&;',*%#1-'&0%/%"+&:&015"(F(1&'0(/+,'*3&"+)#1*&0%"&C15"(F(1-&1"%#&:&
(/.-1'*+&0(&;(&'#(')*+&;-'"(*+3&*.*12%&7.,5'&)'&"1&()*(&;(,7(#*+8 0'#+&',&7%&7.)*&*,%5%)+&!"&-15(&;(,7(#*+3&'2'&#15&'&7.)*&"+)#1*+3&"1&):',&7%&;1*1*&5("6%"(&!"&)7(,'&
K+&,('5%"*%5&!"&71?+&#15&(&#.")*,1%*&#.,;1-&P'*+-1%8&P'*+-&()*(&.&)7(,+&5',(&0("15%*+ &@;(,'& #,('6%%-.,3&7%%"0&'*,')+&0(&5',(-(&P.*&;(,7(#*&:&C15"(F(18&H'&1,5',(3&*.'*(&)7(,(-(3&*.'*(&#,('6%%-(&):',&
5%0%"+9&!"&#("*,1-&'#()*(%&)7(,(&)(&'7-+&.&)7(,+&5'%&5%#+3&"15%*+&?'418&d'*+81%9&!"&=1,1-&(%&)(&'7-+&.& 7%&0%F.-/'*&%5(0%'*3&*.*&#(&'&7.)*&#,('*&):',&7%&!"*.,)&-'&5',(-(&H,('*.,8
)7(,+&5'%&5',(3&"15%*+&d2,'#(8(/&C(#*2,'818&d'*+81%&2%3&!"&7%"(3&!"&=1,1-&'#()*(%'&)(&'7-+&.&'-*+&)7(,+3& 9("*,1&'&)(&5("6%"(&*.*1-&!"&(#$%-%@,13&'&*,(@1%*&#'&P.*1-&)+&)(&0%/%F(F(&!"&0.1+&;+,6%A&<8&.&;',*(&'&
#."#("*,%#+&#1&;,%5(-(&0.1+3&"15%*+&J'7',18/&CE"*(#(8(&)'1&:'A2,'*2,18&d'*+81%9 ,+5')&;(&-.#3&#'&C(,;(#*&'A)281*]&V9&'&0.1'&;',*(&'&7.)*&*,%5%)+&!"&-15(&#'&%74(,;(#*&'A)281*9
9("*,1&#'&*,1;1-&15'"&)+&7%(&')(5+"+*.,&#1&7.,5'&#.,;1-1%&P'*+-1%3&',&*,(@1%&#'&)7(,'&#';1-1%& I#()*(&#1".2*%"6(&'-(&-15%%&".')*,(&'1&7.)*&0%#*'*(&!"&*.'*(&/('#1,%-(&5',%-.,&%"%6%'6%&'%&".2*,%3&7%(&
.51-1%&)+&)(&'71"0(&!"&5%=-.#1-&;%(;*1-1%3&%',&)7(,'&;%(;*1-1%&)+&)(&'71"0(&!"&5%=-.#1-&'@0.5("1-1%8& !"&/(#$('&R"0%(3&9(,)%(3&.,%&!"&*(5;-(-(&(?%;*("(3&;(&*%5;1-&-1%&c'5'3&t,%2"'&2%&g(,5()8
I*1"#%&#';1-&/'&7%& #("*,'-3&!"&=1,1-&)+1 &/'&7%&;%(;*1-&)'1&*.,'#(-(3&%',&!"&=1,1-&'54"01,.,'&/'& 7%& P'*+-&".)*,1&;-'"(*',3&!"*,1;'*&!"&U.%)(3&'&0'*&;.;.,1-1%&(/,(1&0%"&*'%"(-(&/%(6%%&2%&'-(&#,('6%(%3&)1@&
;4"*(#(-(&)'1&'@0.5("1-8&G'&;'*,1&;1"#*(&'-(&;4"*(#(-1%&',&,+54"(&#(-(&;'*,1&';("0%#(3&54%"%-(&2%& 7.,5+&0(&@')53&;.*,%/%*&5("*'-%*+6%%&.51-1%&0(&'*1"#%8&I)*7(-3&-(:'&/.,@%*&0(&"'2*(,('&-1%&I0'5&!"&,'%3&
;%#%.',(-(&'#*1'-(3&#.,();1"F+*.',(&#(-.,&;'*,1&1"%/(,)1,%&0%"&=1,1-&K7(,(%&0%/%"(8 0(&/%'6'&)'&7(,%#%*+3&0(&"(')#1-*',('&)'&:&?1)*4"0&0%"&;.51-&@%"(-1%&2%&,+1-1%3&2%&';.%&?."%,('&)'&0%"&,'%8&
IF%3&#(-(&*,(%&;+,6%&'-(&*,1;1-1%&15'"&2%&'-(&'"%5'-(-.,&)1;(,%.',(3&)1"*&0()7+21,'*(&-%"%',3&#'&2%& c'%1-&()*(&)4"1-&P'*+-1%3&K7(,':U'5',&0(&1"0(&'&;-(#'*&01$1-&!"&-15%-(&#,('*(3&#'&)+&/'0+
)(?5("*(-(&1"(%&-1"(*(&0()#$%)(A&#';1-&:&-'&(L*,(5%*'*('&;%(;*1-1%3&%',&;%(;*1-&:&-'&(L*,(5%*'*('
WW\ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&a&F&521'&#',*( ?271"%#+,%&5%"&?(, WWT

#(&'&7+#1*&P'*+-3&#15&-(:'&7+#1*&2%&;("*,1&#(&-(:'&7+#1*8&I%#%3&;,%"&/%(6%&%"7%"%*&,(;(*'*(3&01$1-&'&!"/+6'*3& ;.)(0+ & #1".2*%"6(-( & %"%6%'6%-., & '-*., & "('51,%8& C%" & 0%7(,%*( & 5.*%/( & 2%& %"*(,()(3 & /(#$%-( &)%".'0( & '1&
!"01,4"0&*.*I& 7(-1-&0(&)17(,%"6(8&I2'0',3&01$1-&(&*.*&C15"(F(13&;("*,1&#+&(&#.,;&0%"&#.,;1-&-1%& !"-+*1,'* & ;',*(' & (F.*(,%#+ & ' & !"/+6+*1,%-., & #,(2*%"(8 & S & 0,(;* & #+ & !"-+*1,',(' & ;+,6%-., & )(#,(*( & '-(&
C15"(F(18&!"&=1,1-&)#4"*(%%&0%/%"(3&o%%%&K+%&0%/%"%&%:'1&'-+*1,'*&7-1%0(&"(#()',(&7.,5+,%%&1"1%&#.,;&)'1& #,(2*%"%)51-1%&'&'*,')&;,(.6%5%%&.&5'%&5',(&-%@(,*'*(&0(&'#6%1"(&.5("(')#+3&0',&'#()*&7';*&):'&!"*.,)&
/($%#.-&01$1'-3&;,%"&'=1*.,1-&#+,1%'&)+&;.'*+&#+-+*.,%&;,%"&-15%-(&#,('*(3&!"&/(#%%&/(#%-.,3&;4"+&)(&/'& !"&#."*,'&(%3&'F%&"(5'%#1".)#4"0&"%5%#8
!"*.',#(&-'&H("*,1-&#,('*.,3&!"&;-%"+&?-.,%(&0(&C15"(F(1&H,('*.,8 C(&-'&H.")*'"*%"&#(-&U',(3&;,(.6%'&'&0(/("%*&.&#',%(,+3&;(&#4"0&!"&/('#1,%-(&!"0(;+,*'*(&;,(.*1-&
C1$1-&;-(#'*&!"&-15(&',(&#1".2*%"6'&#+&(&-%@(,3&;("*,1&#+&8%A(,*'*('&()*(&.&7.,6+&!""+)#1*+&!"&01$3& (,'&1"&!"/+6+*.,3&1"&-15%"+*.,3&#',(&*,+%'&0%"&51"#'&)'3&0%"*,:.&5()(,%(&.',(#',(3&%',&"1&0%"&#';%*'-1-&
#'&2%&%1A%,('9&C1$1-&2*%(&#+&(&7%1-&-1%&C15"(F(13&0',&!"&-15(3&!"&#,('6%(3&(-&"1&*,(@1%(&)+&)(&#.")%0(,(& 0(&*'%"(&0.@4"0%*(&;,%"&,(/(-'6%%3&0%"&H(,8
C15"(F(18&o%%%&#,('*.,%&0%/%"%&0%"&U'5',&!-&!"*,('@+&;(&".1-:"+)#1*3&01$1-:#.;%-&%5;(,7(#*'*A&BS2*%& G%;)' & -(?+*1,%% & @%)(,%#%% & #,(2*%"( & 0( &'F% & #1 & -15(' & 01$1,%-.,3 & #1".'2*(,(' &"15'% &' & #1-*1-1% & 2%&
C15"(F(1DE&R',&(-&,+);1"0(A&BJ18&J15'%&1"1-&(&C15"(F(18E&C%"&'#()*&,+);1")3&S%&*,'?&#."#-1F%'& -%*(,(-.,&#(-.,&#4*.,/'&#+,6%&,(-%?%.')(&'1&#."*,%@1%*&#'&,(-%?%'&)+&,+54"+&!"&1,5'&0'*(-.,&2*%%"6%7%#(3&
#+&5(5.,%'&01$1-1%&()*(&@%"(&!"/+-1%*+3&'&7.)*&@%"(&%5;(,7(#*'*+8 ')1;,'&#+,.,'&)(&!"0,(';*+&'*("6%'&!"*,(?%%&.5("%,%8&a51-&*,1;()#&',(&"(/.%(&0(&*(5;-13&0(&@%)(,%#+8&
C,%"&@81G%*2,%%&@+%/&d'*+8&'*2*3*%1*2,&'&*,'");2,7'*&4(&;%18&@+1&!"&51$&"(3*%1*2,/&3%&86'&*,%7%)&8' & H(&):',&7'#(&@%(*1-&.5&7+,+&'#(')*+&54"?4%(,(&2%&);(,'"6+D&H(&"(:'5&7'#(&0'#+&!"*,1;4"01:"(3&'5&7%&
3#2'8'&817%82,&#'&)+&!"0(.(&3%&)+&,(5(0%"+/&4,%"&(8&!")13%/&'*2*3*%1*2,9 -%;)%6%&0(&#+-01,'&)7%"*(-.,&!"/+6+*1,%&'-(&K.-',1-1%&".)*,1D
I&).)%*&*%5;1-&)+:6%&0(F/+-1%&2%&1"&'-*&'0(/+,8 R"&);'6%13&1"0(&'5&,'"?1-&0(&',$%(,(1&#(,()#/&)1"*&!"&#('*'&#(-.,&#(&;.)(0+&51-*(&*'%"(8&H4"0&/.%&
>%0%"18&(&1"1/&5',&%"5%0%M%A%8]&R8&"1&)(&42'*(&5%0%M'9&H(('&#(&6%:'5&);1)&;4"+&'#15&'&7.)*&"15'%& 7% & =.)3 & ;("*,1 & *.'*( & #.5.,%-( & ;+54"*1-1% & "1 & /.% & '@=1,' & 0( & -' & #((' & #( & '5 & 7+?+01%* & )1)A & K+&
)+&!"6(-(?%&'-*(&*'%"(3&;(&#',(&6%&-(&/.%&);1"(&!"*,:.&'-*+&#.51"%#',(8&H%"(&2%&-(&!")12(2*(&;(&*.'*(& ;,.;./+01%()#&#1".2*%"6(-(&(F.*(,%#(&!"&-15('&)-1=%*.,%-.,&'-*',1-1%8&H'&)+&'5&1"&!"0,(;*',&'-&'#6%1"%%&
;-'"1,%-(&:&7%F%#3&;)%$%#3&%"*(-(#*1'-&2%&5.,'-&:&',(&*("0%"6'&0(&'&,(0(/("%&C15"(F(18 5(-(3&'5&0%#*'*&'#()*(&,4"01,%&;(&#',(3&#%*%"01:-(3&)+&'5&*+,%'&0(&'&7.,5'&2%&!"&-15('&#,(2*%"+&').#%'6%%&
o%1-&0(&'%#%3&N1/(,"'*.,1-&".)*,1&).-',3&'2*(';*+&0(&5%-%',0(&0(&'"%&*(,(2*,%&,'"?1-&0(&`%1&5%0%"& 0(&%"%6%(,(3&01;+&5.0(-1-&;,(.6%-.,&(?%;*("%3&')%,%("%&2%&%"0%("%&:&;(&1"0(&'5&*,+%*&.0'*+&:2%&'2'&#15&'1&
7'7',/ &0',&!"#+&"1&'&'*%")&';.?(1-&,(!"*.',#(,%%&!5;,(1"+&#1&"(@1-.')'&K'&!"&U'5',8&H4"0&/'& (/,(%%&!"&F%-(-(&0(&'F%8&H1".'2*(,('&-15%-.,&)1;(,%.',(3&'#(')*+&'#*%/%*'*(&;,.01#+*.',(&0(&7(,%#%,(3&"1&
'=1"?(&!"&K7(,'&0%/%"+3&%1@%*1-&".)*,1&N1/(,"'*.,&).-',3&/'&;.,"%&%',+2%&#1&.&'-*+&"(@1-.')+3&);,(&.& .&/.%&;%(,0(&0%"&/(0(,(&#4*&/.%&*,+%8&S/.-16%'&5('&#(,(&'#(')*+&'#*%/%*'*(3&);,(&7(,%#%,('&5('3&'&7,'6%-.,&
".1+&(/.-16%(3&;("*,1&#'&01;+&';,.';(&.&/(2"%#%(3&#."01#4"0&)%)*(5(&0%"&#(&!"&#(&5'%&!"'-*(3&)+&7%(& 5(%&#,(2*%"%&2%&#$%',&"(#,(2*%"%8&I&/("%*&/,(5('&#'&01;+&<8vqq&0(&'"%&0(&!"*1"(,%#3&@%)(,%#'&#,(2*%"+&)+&
,%0%#'*&-'&,'"?1-&0(&`%1&7'7',9&H4"0&/'&*(,5%"'&1-*%5(-(&*,(;*(&0(&>%0%"&7'7',/&/'&,(%"*,'&!"&*,1;1-& #1".')#+&'0(/+,1,%-(&!"'-*(&;(&#',(&-(:'&;%(,01*8
P+*',3&0(/("%"0&1"'&#1&S-8&I2'0',3&5'*(,%'&0%/%"+&)'1&*,1;1-&0%/%"&)(&,(%"*(?,('F+&0%"&".1&#1&5'*(,%'& C(&'#15&!"'%"*(3&7'6+&0(&;,.?,()1-&2*%%"6%7%#3&0(&;,(7'#(,%-(&"'6%."'-(&2%&).#%'-(&'7-'*(&!"&;(,);(#*%/+3&
K'3&#',(&'&7+#1*&!"#."=.,1-&-15%-.,&0(&S-&#,('*(&2%&):'&,(!"*.,)&0(7%"%*%/&-'&K1,)+8 2% & '#()* & #.-6 & '- & ;+54"*1-1%3 & 6',' & '#(')*'3 & /' & 0(/("% & 1" & -.# & ;,%(-"%# & ;("*,1 & !"*,1;',(' & ("*%*+6%-.,&
K+&"1&#,(F%&#+&#(-(&);1)(&)1"*&#1".2*%"6(-(&".')*,(Q&(-(&)1"*&)*10%%-(&2%&#1".2*%"6(-(&-15%%&'"?(-%#(& );%,%*1'-( & )1;(,%.',(3 & ;1*4"0 & )+ & )( & $,+"(')#+ & #1 & 5'"' & H(,1-1%3 & #1 & *'%"(-( & 5+,*1,%)%*( & 0( & -15('&
0(&-'&".%&2%&0(&;,(*1*%"0("%8&I#()*(&*'%"(&'1&7.)*&2*%1*(&0(&';.)*.-%3&0(.',(#(&-(:'1&7.)*&0'*(&0(&5',('& %"/%F%@%-+8
".')*,+&G15%"+&:&K.-',1-&".)*,1&!"*,1;'*&2%&#1".)#1*&0(&/.%&)1@&"15(-(&0(&R)1)&H$,%)*.)8&P'%"(-(&
'#()*('&"1&'1&7.)*&)#,%)(&!"&S/'"?$(-%%3&!")+&"(:'1&7.)*&;,(0%#'*(&".1+3&);%,%*(-.,&'-@(3&0(&N1/(,"'*.,1-&
).-',3&!"&*%5;1-&#4*3&01;+&0()*,1;',('&K'3&'&)*'*&!"&;,('=5'&2%&'*5.)7(,'&7-1%0%#+&'&9+54"*1-1%3&!"*+,%"0&
'0(/+,1,%-(&);1)(&0(&-15('&'"?(-%#+8&U',%-(&*'%"(&"1&'1&7.)*&)#,%)(3&0',&/'&/("%&.0'*+&*%5;1-&#4"0& P.*1-&(/.-1('F+
-15('&*,1;(')#+&)+&2*%(&#+&0%/%"1-&".)*,1&H,('*.,&"1&()*(&1"&C15"(F(1&;(0(;)%*.,3&#%&1"&C15"(F(1&
;-%"&0(&%"7%"%*+&R1@%,(8&H4"0&.'5("%%&;+54"*("%&/.,&#1".'2*(&'#()*(&)7%"*(&*'%"(3&8&".%&/.5&7%&0(='&
;-(#'6%&;(&'-*(&?-.@1,%&;-1*%*.',(&!"&1"%/(,)3&;("*,1&'7-',('&'-*.,&'0(/+,1,%&#(,(2*%3&2%&5'%&*'%"%#(8 c&(?,(*3& %1@%*1-& 5(1& 7,'*(3& #+& "1& ;.*& :& ;,(#15& 0.,(2*%& :& )+:6%e& );1"& 0();,(& *.'*(& *'%"(-(&
-15%-.,&#,('*(3&2%&!"&);(#%'-&0();,(&*'%"(-(&H("*,1-1%&0(&1"0(&'5&;-(#'*8&!5%&#(,%&)+:6%&(L;-%#&#15&)(&
;.'*(&#'&0%"&*,1;1-&P'*+-1%&)+&;-(#(&!"#."*%"11&#,('6%%&".%&2%&S-&)+&"1&)(&5%#2.,(F(&)'1&#$%',&)+&
0%);',+&-'&1"&5.5("*&0'*8
>*%%"6'&,(/(-'*+&/'&-15%"'&-15(' J.% &(L%)*+53& 0',& /.% & "1 &2*%6% &"%5%# & 0(& ".%8&!" & *.'*( &/('#1,%-(3 &"(:'5& 0(F/+-1%*& "15'%& 7-.,%%&
* ".')*,(&);%,%*1'-(A&r.?$%"%-.,&%"0%("%3&;,(.6%-.,&(?%;*("%3&;,.7(6%-.,&%10(%&2%&;,%5%-.,&#,(2*%"%8
C(&-'&H("*,1&/%"&%0(%-(&0%/%"(3&;,(#15&6%&):'&);1)8&C(&'#.-.&!"*,('?'&#,('6%(&!2%&(L*,'?(&#1".2*%"6(-(8&
[%%*.,1-&/'&'01#(&51-*(&;,(7'#(,%8&S1&5+&/.%&,(!"*,1;'&!"&'#(')*+&6',+&2%&/.%&?+)%&.&5("*'-%*'*(& P.* & #( & /%"( & 0( & -' & H("*,1 & ()*( & 0(#% &F5(0+,9 &H("*,1- & (5%*( & -15%"' & "(#()',+ & ("*%*+6%-., & );%,%*1'-(&
0%7(,%*+&0(&#('&'#*1'-+8&I/(5&;.)%@%-%*'*('&)+&/(0(5&*.*&*,(#1*1-&1"1%&"('5&2%3&0%"&(L'5%"',('&-1%3& ,+);4"0%*(&!"&0%7(,%*(-(&#,('6%%&'-(&K'-(8&H("*,1-&);1"(&5(,(1&#(-(&#(&*,(@1%(&)+&)(&7'#+&;("*,1&#'&*.*1-&
2*%5&#(&7(-&0(M&("*%*+6%&)(&/.,&,(!"*,1;'&!"&(-&2%&#(&7.,5+&0(&/%'6+&/'&'/('3&!"&?("(,'-8&H4"0&/.%&,(/("%& )+&;,.?,()(F(3&2%&"1&);1"(&"%#%.0'*+&#15&()*(&S-8
'%#%3&=.)3&/.%&#%*%&'#()*(&,4"01,%&0%#*'*(&0(&5%"(8&[,('1&#'3&/("%"0&!"&-15('&*,1;1-1%3&)+&"1&7%1&1"&.5& !"*,(@',('&;1)+&0(&*%"(3&7,'*(3&.&;1"(5&2%&".%&-15%%&'"?(-%#(3&2%&0.',&('&;.'*(&,+);1"0(3&0'#+&
0(&,4"0&2%&"%#%&"(2*%1*.,&!"&5%)*(,(-(&"'*1,%%8&K#.;1-&/%(6%%&5(-(&/%%*.',(&()*(&)+&0()7+2.,&.&'#*%/%*'*(& #,(0(&0(&#1/%%"6+8&!"&'7',+&0(&(L(#1*',('&.,0%"(-.,&;,%5%*(&0(&-'&H("*,13&#',(&#."*,%@1%(&-'&(/.-16%'&
%"*(")&);%,%*1'-+3&)+&;,%5()#&0(&-'&7,'6%%&5(%&0(&)1)&.&%"%6%(,(&%"*(?,'-+8&a&')(5("('&%"%6%(,(&"1&.& 01$1,%-.,&2%&'&;+54"*1-1%3&';',6%"4"0&2*%%"6(%&2%&,(-%?%(%&H(,1-1%3&".%3&01$1,%-(3&"(&5'%&.#1;+5&2%&0(&
;.)(0+&;(&;+54"*&0(#4*&7.',*(&;16%"%&.'5("%&2%&,4/"()#&)+&5+&"15+,&;,%"*,(&(%8 2*%%"6'&;,()1;1"(,%-.,&2%&#.5;','6%%-.,&#(-.,&/+F1*(&2%&#1".)#1*(3&'0%#+&7'#(5&2%&;16%"+&7%-.).7%(8
H,(0&#+&-'&/,(5('&#4"0&5+&/.%&,(!"*,1;'3&@%)(,%#'&#,(2*%"+&.,*.0.L+&"1&/'&5'%&7%&0(;("0("*+&0(& C%/%"1-&()*(&I0(/+,3&0',&"(&()*(&%5;.)%@%-&)+&);1"(5&#15&()*(&'#()*&I0(/+,3&0%"&#(&)(&#.5;1"(&
)*'*8&I*1"#%&('&/'&%(2%&0%"&-(*',?%'&'#*1'-+&2%&0%"&(L.*(,%)51-&)%5;-%)*&0(&'F%8&J.%3&5%,("%%3&/.5& 2%&#15&-1#,('F+&S-3&#1&(L'#*%*'*('&K'&5'*(5'*%#+8&J.%&"1&;1*(5&7'#(&,(-%?%(8&J.1+&"(&()*(&,(F(,/'*&
0()7+21,'&5'%&#1&);.,&2*%%"6'&,(/(-'*+3&%"%6%'*%#+3&'=1*4"0&-'&,%0%#',('&@%)(,%#%%&.,*.0.L(&2%&)*,+01%"01:"(& 0.',&)+&';-%#+5&H.01-&#(,()#8&J1&#(-&#(&)(&,.'?+&C%/%"%*+6%%3&#(-&#(&;,.)-+/(2*(&;(&H,('*.,&2%&RR&
)+ & %"%6%(5&;(& 7,'6%% &".2*,% & ;,(.6% &!"& '0(/+,'*(-(&*'%"( &: & !"/+6+*1,%&(F.*(,%#(& )'1 &)(#,(*(& '-(& -15%%& ,(#1".'2*(&#'&;(&P'*+-&)+1&H,('*.,&()*(&#,(0%"#%.)3&#%&#(-&#',(&)(&;1"(&#1&*,1;&2%&)17-(*&!"&)(,/%#%1-&
);'6%%-.,&2%&'&/%(6%%&0(&;,(*1*%"0("%8&G'&-15%"'&'#()*.,&'0(/+,1,%3&;,(.*1-&2%&@%)(,%#'&/.,&,(0.@4"0%& P'*+-1%&#("*,'-3&'-&o%1-1%&2%&'-&K74"*1-1%&C1$8&S&7,15.)&)+&;,.)-+/(2*%&;(&P'*+-3&0',&;,.)-+/%,(&7+,+&
;,()*%?%1-&'/1*&!"&/('#1,%-(&';1)(&'-(&/(#$%%&R"0%%3&I)%,%(%&2%&S?%;*1-1%8 !5;-%"%,('&#(-.,&);1)(&!"&H.01-&#(,()#&"1&%&',(&"%#%&.&/'-.',(8
P1&2*%%3&7,'*(3&#+&P'*+-&#(,()#&?1/(,"('F+&!"&#("*,1-&)7(,(%&#1&#,('6%%3&0%/%"1-&".)*,1&K.-',&!2%&',(& C(&-'&H("*,1&"(&/%"&.,0%"(-(8&S-(&"(&0'1&.&".1+&!")17-(6%,(&!"&'#6%1"%-(&".')*,(8&91*(5&);1"(&2%&
*,."1-&#."01#(,%%&!"&K.',(3&%',&*,."1-&N1/(,"'*.,1-1%&)1;,(5&'-&9+54"*1-1%&()*(&!"&G1"+8 ".%3&#'&2%&C.5"1-&2%&9,('5+,%*1-3&!"&/(#%%&/(#%-.,3&7.)*1-&R)1)3&!"&1-*%5'&K'&!"*,1;',(&;(&9+54"*A&iR1 &
IF%3&@%)(,%#'&.,*.0.L+&"1&5'%&;.)(0+&')(5("('&#1".2*%"6(3&#1&*.'*(&#+&(-(&(,'1&0(6%"1*(&0(& "1&02%&;'#(&02%'&J('/&#%&'&d'*+81%&J(1&5%"&?(,1,%k9
;,(.6%%&(?%;*("%&*%5;&0(&';,.';(&0.1+);,(F(#(&5%%&0(&'"%8&H."2*%%"6'&)*+,%%&0(&/(?$(&'&.51-1%&(&0(&.& 9("*,1&#+3&)-'/+&C.5"1-1%3&"(&5'%&,+54"(&0()*1-&*%5;&01;+&#(&!"0(;-%"%5&'#*%/%*'*('&".')*,+&
5%.;%(&0(&"(#,(F1*8&S-&"1&/,('&)+&2*%(&0(#4*&#(('&#(&#1".'2*(&)'1&'&#%*%*&!"&-1#,+,%-(&,(-%?%.')(8 0%/%"+3&"(&;1"(5&0%7(,%*(&;,.@-(5(&);,(&#(,#(*',(&2%&*,(@1%(&)+&'=1"?(5&-'&.&.',(#',(&#."#-1F%(8&
G15%"',('&'#()*1%&!"*1"(,%#&'-&.51-1%&2%3&!"&);(#%'-3&'-&;,(.6%5%%&5+&%"*(,()('F+&;(&5%"(8&I#()*'& I#()*(&#."#-1F%%&"1&)1"*&0(#4*&%0(%&7%-.).7%#(3&%',&"1&.,0%"(&0(&(L(#1*'*8&I2'0',3&'7%,5'6%%-(&5(-(&0(&
/'&7%&;,.?,'51-&5(1&0(&'#*%/%*'*(8&J.%3&01$1,%-(3&/(0(5&5',('&-%;)+&'&@%)(,%#%%&#,(2*%"(8&S'&"1 5'%&=.)&)1"*&)%"*(F'&#(-.,&(L;1)(&".1+&0(&-15('&!"?(,%-.,3&#',(3&?,'6%(&(/.-16%(%&(%&7.',*(&!"'-*(3&()*(&
!"&5+)1,+&)+&2*%(&2%&)+&"(&0('&.&%0((&#4*&5'%&';,.;%'*+&0(&I0(/+,1-&'@).-1*8
WX_ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"&?(, WXU

R'*+&.&;,.@-(5+&#(&"(&7,+54"*+&;(&".%3&);%,%*(-(&'-@(3&0',&;,(.#1;+&2%&-15('&!"?(,%-.,A&C(&1"0(&'& U'*(,%'&2%&01$1,%-(&7'#&0,151-&0(&-'&H("*,1&-'&;(,%7(,%(&2%&0(&-'&;(,%7(,%(&-'&H("*,13&!"&7.,5+&0(&
-1'*&"'2*(,(&9,%51-&H,('*.,3&)'1&9,%5'&o%%"6+&%"*(-%?("*+D&C(&1"0(&'&-1'*&"'2*(,(&;,%5'&5'*(,%(D&C(& );%,'-+8&a51-&*,1;()#&()*(&)1;1)&2%&(-&'#(-(%'2%&-(?%&'&#%,#1-'6%(%&5'*(,%(%&2%&'&/(2"%#(%&')#(")%1"%8&H1&
1"0(&'&-1'*&"'2*(,(&I"%5'*.,1-&5'*(,%(%D&H%"(&G:'&7+#1*D&H15&):'&7+#1*&;(&K%"(&H,('*.,1-&*1*1,.,& ;+54"*&)(&0(F/.-*+&*,1;1-&)+13&2%&!"&;+54"*&,(/%"(3&0',&#1&'-*(&#'-%*+6%&0(#4*&-'&!"#(;1*8
#(-.,&/+F1*(&2%&"(/+F1*(D&9,.@-(5(&!"7,%#.2+*.,&0(&*'%"%#(3&;("*,1&#',(&"1&;,%5%5&,+);1")&0(&-'& C'#+&"(@1-.')'&,(/%"(&-'&H("*,1-&0(&1"0(&'&-1'*&"'2*(,(3&-'&7(-&*,(@1%(&*,')+&#."#-1F%'&2%&!"&#(('&
H("*,18&I*1"#%3&"(&7,+54"*+5&5%"*('&2%&5'%&!"*,(@+5&;(&!"?(,%3&)'/'"6%%&H(,1,%-.,&".')*,(8 #(&;,%/(2*(&H("*,1-&#("*,1-1%8&C%"&#."#-1F%(&!"&#."#-1F%(3&)(&;.'*(&'7-'&#(/'8&!")+&*.*1-&)(&@'F('F+&;(&
P'*+-&"(&*,%5%*(&.,0%"(3&0',&S-&"1&"(&);1"(&1"0(&)(&'7-+3&!"#."=1,4"01:)(&0(&1"&'04"#&5%)*(,8&R(;1,(-(& %;.*(F(&#.")*,1%*(&0%"&".6%1"%-(&;,%5%*(&0(&-'&-15('&!"?(,%-.,3&-'&7(-&#15&)'/'"*1-&;+54"*1-1%&',&0'&
'10(&1"&F?.5.*3&#%1-(2*(&1,(#$%-(&2%&2*%(&0(&1"0(&/%"(8&J.%3&01$1,%-(3&'1F%5&1"5'&5%0%"+/&0',&"1&2*%5& '"15%*(&".6%1"%&#.;%%-.,&0%"&#-')(-(&;,%5',(3&"15'%&;("*,1&'&-(&)'*%)7'#(&#1,%.F%*'*('8&S%&!"6(-(?&
0(&1"0(&/%"(8&S'&/%"(&0(&1"0(/'3&0',&"1&2*%5&0(&1"0(3&;,(#15&"1&2*%5&"%#%&0(&1"0(&/%"(&1"0':?4"0& ,.)*1-&!"*,(@+,%%&".')*,(&2%&"(&,+);1"03&);1"4"01:"(&1"(-(&'0(/+,1,%&#'&"1&#15/'&)+&#,(0(5&#+&.0'*+&
)'1&';(-1-&'5%#1-1%&#',(&"(&#$('5+3&0'#+&"1&"(&%"0%#+&-.#1-&1"0(&)(&'7-+8&C1;+&#15&/.%&2*%6%&)+&7'#(6%& 2%&.0'*+3&01$1-&',&;1*('&;%(,%8
0(.)(@%,(&!"*,(&/.#('&1"1%&#.;%-3&'&1"1%&@+,@'*&)'1&'&1"(%&7(5(%3&*.*&')*7(-&2%&".%&;1*(5&2*%3&01;+&7(-1-& !"?(,%%&"(&);1"&5(,(1A&BJ%5%#&"1&5.',(&!"&1"%/(,)3&*.*1-&)(&;,(7'#(&!"&5'%&@%"(3&';,.;%%"01:)(&
2%&-1"?%5('&/%@,'6%(%&)'-(3&#+&.&1"0+&/%"(&0(&-'&H("*,13&0(&-'&o%1-&)'1&0(&-'&K74"*1-&C1$8 0(&;(,7(#*8&J1&'%&7.)*&#4"0/'&01$&,.21D&J1&'%&7.)*&!"&'-*(&;-'"(*(&01$&'-@')*,1D&R'*+:*(&'#153&;(&
K1"*(5&!"&5+)1,+&)+&#%*%5&1"0':?4"0&'&01$1-1%&!"*,1;'*&!"*,:1"&'"%5'Ü&)'1&.&;-'"*+&.',(#',(8& '#(')*+&;-'"(*+3&01$&'-@8&U'%&)(5("%&#1&)*',('&#4"0&'%&!"#(;1*&/%'6'&0(&01$D&H4"0&'%&7.)*&5%#3&#4"0&
SL%)*+&.&?'5+&7.',*(&5',(&0(&1"0(3&;(&#',(&-(&;1*(5&0%)*%"?(&7.',*(&@%"(8&!"&-1"?'&".')*,+&2#.'-+3&1"& (,'%&01$&,.213&'/('%&'"15%*(&%0(%&!"#$%)*'*(&!"&7%%"6'&*'8&c4"0&;(&,4"03&'%&0.@4"0%*&'-*(-(3&%',&;(&#(-(&
#';%*.-&);(#%'-& #',(&*,(@1%(&!"/+6'*&()*(&#1".'2*(,('&1"0(-.,8&P.'*+&!"/+6+*1,'&".')*,+&;-1*(2*(&!"& )%5;-(3&'-(&)*'?%1-1%&0(&,.213&-(:'%&;+,+)%*3&-(:'%&(-%5%"'*8&P,(;*'*3&5(5.,%'&6%&):'&!"#+,#'*&#1&%0(%&2%&
);'6%18&C%"&);'6%1&.&-1+53&!"&);'6%1&.&*,%5%*(58&J.%&)1"*(5&0(#%&1"&;.)*&;(,5'"("*3&*,'")5%6+*.,&0(& #1".2*%"6(&5'%&!"'-*(3&2%&!"&)*'0%1-&'#*1'-&0(&01$&'-@3&;.)(F%&.&/')*+&#.5.',+3&',1"#4"0&*.'*(&%0(%-(&
2*%,%&2%&#1".2*%"6(8 %"1*%-(&)*+,%%&*'-(&*,(#1*(8&I%&7+#1*&2%&*1&#(('&#(&7'#(&(-(/1-&0(&-%#(13&#',(&"(5'%'/4"0&"(/.%(&0(&
J1&;.6%&7'#(&';(-&-'&P'*+-3&o%1-&)'1&K74"*1-&C1$3&#'&)+&*(&-+51,(')#+&')1;,'&1"(%&;,.@-(5(& '@(#(0',3&!-&0+,1%(2*(3&#'&)+&"1&5'%&.#1;(&-.#&!"&@%@-%.*(#'&)'8E
.',(#',(8&H$%',&0'#+&'5&7'#(&';(-&-'&'#()*(&!"'-*(&o.,6(&0%/%"(3&S-(&"1&"(:',&,+);1"0(Q&'*1"#%&"1&"(& [.%&:&01$1,%&!"*,1;'*(3&2%&".%&:&01$1,%&-%@(,(3&)1"*(5&%")*,15("*(&0%/%"(3&7(,5("6%&0%/%"%&#',(&
,+54"(&0(#4*&@1"+/.%"6'&-15%%&'"?(-%#(8&J15'%&-15('&!"?(,%-.,&"(&)'*%)7'#(&5',('&0.,%"6+&0(&'&'7-'& 7(#1"0('F+3&;,(7'#&5'*(,%'3&7%(&('&7%F%#+3&;)%$%#+&)'1&7-1%0%#+8
*'%"(-(&-15%-.,8&!"?(,%%&"(&0'1&"15'%&".6%1"%&;.*,%/%*(&!"6(-(?(,%%&".')*,(3&5+,*1,%)%"01:"(A&BH';'#%*'*('& H."#-1F%'&?("(,'-+&()*(A&U'*(,%'&(&*,'")7.,5'@%-+3&01$1-&(&*,'")7.,5'@%-3&0(#%&2%&P'*+-&:&#',(&(&
/.')*,+&0(&;(,#(;(,(&"1&/+&;(,5%*(&)+&-(&*,'")7.,5'6%&!"&0.?5(3&#%&)+&'/(6%&0.',&%0(%:"1#-((3&#1&#',(& 01$&:&()*(&*,'")7.,5'@%-&#'&*,1;8
)+&7%-.).7'6%E8 9( &5+)1,+ & #( & '/'")+53 & -(;+0+5 &0%" & %0(%-( &".')*,(3 & ;("*,1 & #+ & )#$%5@+5 & 5(,(1 & 5(0%1- & )'1&
9,%"&1,5',(3&2%&7%-.).7%'&()*(&.&"(#()%*'*(3&;("*,1&#+&0'#+&"1&*(&;.'*(&-15%"'&;(&0(;-%"3&#(-&;16%"&!6%&0+& 2#.'-'&(/.-16%(%&".')*,(3&;(&#4"0&P'*+-3&7%%"0&;1,1,('&!"&5%=-.#1-&#,('6%(%&K'-(3&"1&;.'*(&-(;+0'&"%#%&.&
.&)'*%)7'#6%(&;,.01#+*.',(&0(&.&-%"%2*(&:&01,'@%-+&)'1&*,(#+*.',(&:&'&;,(.#1;+,%-.,&*'-(&)17-(*(2*%8&o(-&0(& %0((&0%"&U(5.,%'&K'&0%/%"+3&%"7%"%*+3&7%%"01:%&5(,(1&"(#()',+8
7(-&0(&;,.@-(5(&"(&/%"&!"&5%"*(&2%&":'/(5&.0%$"+&;4"+&"1&;,%5%5&.&(L;-%#'6%(8&I2'3&0(&;%-0+3&2*%5&#+& J.%&;,%"0(5&0%"&);'6%1&.&%0((&/("%*+&0(&-'&H("*,13&.&(L'5%"+5&2%&01;+&.&/,(5(&.&(-%@(,+5&!"&
*,+%5&0(&5%-%.'"(&"("15+,'*(&0(&'"%3&2%&*.*12%&"(&;1"(5&!"*,(@',('A&a',(&K74"*1-&C1$3&0(&'%#%&0(&-'& );'6%13 & ;("*,1:' & 7% & ;,%")+ & 0( & 7,'6%% & ".2*,% & 5'% & 5%#%3 & 2% & ;,%" & %"*(,5(0%1- & (%3 & )+ & )( & ,%0%#( & 2% & (% & !"&
".%3&"1&/'&51,%&(-&/,(.0'*+D&a',(&#4"0/'3&!"&/(2"%#%(3&"1&/'&;%(,%&2%&o%1-&-1%&C15"(F(1D &>%3&;,%"& #1".'2*(,(8&9,%"&1,5',(3&5(5.,%'&".')*,+&()*(&*,'")7.,5'@%-+8
0(01#(,(3&5(,?(5&5'%&0(;',*(A&a',(&"%#%.0'*+&"1&/'&)74,2%&P'*+-&#(,()#D SL%)*4"0 & -(?(' & #%,#1-'6%(% & 2% & ' & /(2"%#(% & *,'")7.,5+,%3 & (L%)*4"0 & /%'6' & /(2"%#+ & '& 01$1,%-., & 2%& '&
!"?(,%%&".2*,%&"(&'10&2%&B)(&'51F+E&0(&')(5("('&!"*,(@+,%&#.;%-+,(2*%8&BJ13&7%%-.,&:&"(&,+);1"0&(%&:& 5'*(,%(%3&0(01#(5&#+&2%&H("*,1-&()*(&"(51,%*.,8&C(2%&"1&)(&5'%&#.51"%#+&"%5%#&0(&-'&H("*,1&!"&
01$1-&"1&5.',(&"%#%.0'*+3&%',&5'*(,%'&()*(&/(2"%#&!"&*,'")7.,5',(8&C1$1-&(&/(2"%#&!"&')#(")%1"(3&%',& '#(')*+& ;,%/%"6+3& *.*12%3& @'F4"01:"(&;(& -(?%-(& 1"%/(,)'-(3& 0(F-(?+5& 51-*(& ;,.@-(5(&2%& #."#(;(5&
5'*(,%'&(&!"&/(2"%#+&;,(7'#(,(&);,(&5'%&@%"(E8 C%/%"%*'*('&#("*,'-+8&C'#+&*.*1-&;-('#+&0(&-'&H("*,13&)(&;,(7'#(3&)(&;(,7(#6%."('F+&2%&)(&!"*.',#(&-'&
H'&)+&#1".2*%&-(?('&#%,#1-'6%(%&5'*(,%(%3&!6%&*,(@1%(&51-*(&5%-%',0(&0(&'"%3&;("*,1&#+&"1&.&;.6%& H("*,13&;("*,1&'&;-(#'&%',+2%&2%&%',+2%3&0(01#(5&#+&2%&H("*,1-&0%/%"&()*(&!"*,:.&#."*%"1+&;,(7'#(,(8
!"6(-(?(&;(&0(;-%"&0(#4*&/+F4"01:%&5+#',&1"&#%#-1&0(&-'&H("*,1&);,(&;(,%7(,%(&2%&0(&-'&;(,%7(,%(&-'& C',3&0(.',(#(&"1&'/(5&.&-(?(&01;+&#',(&)+&"(&.,%("*+53&;,.@-(5'&%").-1@%-+&;("*,1&".%&()*(&#('&
H("*,18&P.*1-&#%,#1-+8&H.)5.)1-&)(&5%2#+&!"*,:1"'8&P.*1-&)(&5%2#+&01;+&0.1+&5%2#+,%A&1"'&0(&,.*'6%(3& '&.,%?%"%%&5'*(,%(%&;,%5(8&C(&1"0(&'&-1'*&"'2*(,(&5'*(,%'&;,%5+3&7%(&#('&7%F%#+&)'1&;)%$%#+D&J1&;1*(5&
01@-'*+&0(&'&0.1'3&!"&);%,'-+8&K7(,'&1"%/(,)1-1%&)(&!"/4,*(&!"&=1,1-&'L(%&)'-(&2%3&!"&'#(-'2%&*%5;3&',(&.& 0(F-(?'&'#()*&5%)*(,3&;("*,1&#+&"1&(L%)*+&.&-(?(&,(7(,%*.',(&-'&('8
*,'%(#*.,%(&);%,'-'*+8&P.*1-&;-('#+&0(&1"0(/'&2%&,(/%"(&0(&1"0(&'&;-(#'*8&P.*1-&;-('#+&0(&-'&H("*,1-& C%/%"%*'*('&)(&0()#.;(,+&"15'%&;,%"&G(?%-(&K'-(8&a,0%"(-(&).)%*(&0(&1"0(/'3&?-')1-&H1%/'&#',(&"(&
#,('6%%-.,3&)(&,.*(2*(&!"&7.,5+&0(&);%,'-+3&'=1"?(&-'&5',?%"('&(L*,(5+&'&#,('6%%-.,&2%&';.%&,(/%"(&;(&1"& .,0."+3&"(&','*+&#+&(L%)*+&1"&C15"(F(18&P.*&.,0%"(-(&K'-(3&#',(&)(&)#$%5@+&0%"&(;.#+&!"&(;.#+3&"(&
'-*&0,15&-'&H("*,13&*.*&!"*,:.&5%2#',(&0(&,.*'6%(&2%&;(&.&*,'%(#*.,%(&!"&);%,'-+8 ','*+&#15&(/.-1('F+&5'*(,%'&0%"&U'5',1-&H,('*.,1-1%8&G(?('&()*(&%F/.,1-&01;+&#',(&".%&;1*(5&
C%"&'#()*&;1"#*&0(&/(0(,(&1"%/(,)1-&()*(&%"*(,5%"'@%-&)'1&%"0()7%%"6'@%-8&U'*(,%%-(&1"%/(,)1-1%3& '=1"?(&-'&#."#-1F%%&')1;,'&#(-.,&'7-'*(&!"&H("*,1-&#.)5.)1-1%8
?-.@1,%-(&-1%&';',3&T+%#)#&2%&0%);',3&0',&!"&0(7%"%*%/&(-(&(L%)*+&!"&/(2"%#%(3&;("*,1&#+&;(&#4"0&1"(-(& I&*,'?(&#."#-1F%%&!"&'7',+&0(&#(('&#(&(L;(,%5("*+5&2%&!"&'7',+&0(&)(,%'&0(&-(?%&#',(&0.5"()#&!"&
0%);',3& '-*(-(& ';',& )'1&)1"*& !"& #1,)1-&(L%)*("6(%&-.,8&I#(')*'&()*(& !"#+&1"'&0%"&-(?%-(&/(2"%#(& '-(& -15(3&',&7%&)+&/%)+53&)+&"(&-+)+5&#."012%&0(&%-1F%%8&U1-*(&*'%"(3&51-*(&'0(/+,1,%&'5&0(01)3&'5&)#.)&
P'*+-1%8 -'&%/('-+&"15'%&01;+&7(-1-&#15&#."01#(&P'*+-&1"%/(,)1,%-(3&!"&@'F'&G(?%-.,&K'-(8
C'#+&1"%/(,)1,%-(&"1&;%(,&"%#%.0'*+3&0'#+&#,('6%'&"1&;%(,(&"%#%.0'*+3&"%#%&H,('*.,1-&(%&"1&/'&;%(,%& :R1&)1"*&K,5%"18&'1M%*&5(&*%"(9&R1&)1"*&>17"(M(18&*+19&>(&J%"(&*1&)+&')#18.%9
!"&/(#%%&/(#%-.,8&P.*1-&)(&;,(7'#(3&*.*1-&#%,#1-+3&2%&#(-&5%#3&#'&2%&#(-&5',(8&I#(')*+&-(?(&'&#%,#1-'6%(%&)(& :H15&(2*%&P13&C.'5"(3&C15"(F(1-&5(1D&:&'5&!"*,(@'*8
';-%#+&"1&"15'%&5'*(,%(%3&#%&2%&01$1,%-.,3&"1&"15'%&5'*(,%(%&7%F%#(3&#%&2%&#(-(%&;)%$%#(8&C1$1,%-(& :R1&)1"*&4,(#17&*1&J+&42.%&#2"#(4(/&514+&;(818&#17&;1"#.%2"(M/&!"&A'M'&1"2,&8(-%&2,E"51%*(&5( &
).)()#&5(,(1&0%"&H("*,1&!"&-15%-(&#,('*(&2%&)(&!"*.,#&-'&H("*,13&;("*,1&'&;-(#'&%',+2%&2%&%',+2%&!"&-15(3& J%"(9&R1&)1"*&?(8&#(&*(6'7&"+)#1*&3%&*,%7%)&!"&817(9
);,(&.&')#(")%1"(&!"&/(2"%#%(8 C1$1-3&?4"0%"0&#+&P'*+-&"1&-:'&;1*1*&7'#(&'-*7(-&;(&#.;%-1-&K+13&2%&2*%%"0&#(&7.,5+&2%&#.")*%*16%(&
I5&);1)&#+&5'*(,%'&#%,#1-+3&'/4"0&.&5%2#',(&0(&,.*'6%(&2%&1"'&0(&,(/.-16%(3&!"&);%,'-+8&U%2#',('& ',(&(-3&2%:'&F%)A&P'*+-&(&)7(,%#&2%&)*,+-1#%*.,3&()*(&.&-15%"+&#'&5%"(3&#+#%&S-&5:'&7+#1*&01;+&#$%;1-&2%&
)*(-(-.,3 & ;-'"(*(-.,3& ;,(#15&2%&'&"(@1-.')(-.,& ()*(&*.*&0(&,.*'6%(& 2%&,(/.-16%(3&'/4"0&.& *,'%(#*.,%(& ')(5+"',('&K'8&S1&)1"*&)7(,%#3&).,%%&)1"*&)7(,%#%3&;-'"(*(-(&)1"*&)7(,%#(3&)7(,'&()*(&7.,5'&?(.5(*,%#+&
);%,'-'*+8&9(&'#(')*+&-(?(&)(&@'F('F+&-15('&!"?(,%-.,&#4"0&"(&/.,@(2*(&0(&C%/%"%*'*('&#("*,'-+8 0()+/4,2%*+3&'*1"#%&2%&P'*+-&()*(&)7(,%#8&H15&',&;1*('&C%/%"%*'*('&)+&7'#+&(L#(;6%(&2%&)+&"1&)(5("(&#1&
G'&;-(#',('&(%&0(&-'&H("*,13&5'*(,%'&',(&.&7.,6+&#("*,%71?+Q&('&)#'0(&;(&5+)1,+&#(&)(&0(;+,*('F+8& #,('6%%-(&K'-(D
C1;+&1"&*%5;3&'#(')*+&7.,6+&)(&'"1-('F+&2%&%'&"'2*(,(&!"&5'*(,%(&.&".1+&7.,6+&#',(3&0(&'#(')*+&0'*+3&.& C%"&#."#-1F%%&!"&#."#-1F%%3&'=1"?(5&)+&'7-+5&'0(/+,1-&#1;,%")&!"&".6%1"('&"15%*+&>17"(M(19
,('01#(&#+*,(&H("*,1-&0(&1"0(&'&;-(#'*8&c.*%"01:)(&'&7+#1*&'#()*&0,153&0',&"1&01;+&.&*,'%(#*.,%(& J(&7,+54"*+5&5%"*('&)+&'7-+5&#4*&5'%&51-*(&,+);1")1,%&-'&!"*,(@+,%-(&#(&"(&;,(.#1;+8&K1"*&'%#%
#%,#1-',+3&#%&!"&);%,'-+8&I#(')*+&5%2#',(&"1&(L%)*+&;("*,1&/.%3&0(.',(#(&"1&.&/(0(6%3&%',&.@)(,/',('&(%& -4"?+&".%&o%1-&0(&C15"(F(1&2%&K74"*1-&C1$3&0',&!"&/'"&!%&!"*,(@+58&J%#%&!"?(,%%&0(&-4"?+&".%&"1
"(#()%*+&5%-%',0(&0(&'"%8&P,(@1%(&)+&;-(#%&.&0'*+&#1&"(@1-.')'&0(&-'&H("*,13&)+&'=1"?%&-'&;(,%7(,%'& "(&);1"&*.*1-Q&0(&'#(('&';(-+5&-'&)1;(,%.,%%&".2*,%3&0(&-'&#',(&5'%&'7-+5&#(('&#(&#,(0&(%&0(&#1/%%"6+
#,('6%%-.,3&-'&#("*,1-&1"(%'&0%"&#(-(&;'*,1&)7(,(:1"%/(,)3&2%&01;+&1"&0,15&(?'-&#1&.&/(2"%#%(&)+&*(& )+&"(&);1"+8 |
!"*.,#%&-'&H("*,1-&#,('*.,&#1&5'*(,%%-(&(%&,(7+#1*(3&)1@&7.,5+&0(&"(@1-.')+3&;("*,1&'&'/('&.&%0((& e &H."#-1F%'&()*(&#+&C15"(F(1&()*(&(*(,"8&U'*(,%'&;-('#+&,4"0&;(&,4"0&0%"&U'5',&2%&*,(;*'*&)(&
#.5;-(*+&0();,(&-(?('&#%,#1-'6%(%&5'*(,%(%3&'&;,(7'#(,%-.,&(%&2%&'&0,151-1%&;',#1,)8 !"*.',#(&!"&U'5',3&0',&)1@&1"&');(#*&0%7(,%*&0(#4*&#15&'&;-(#'*8&C1;+&7%(#',(&(/.-16%(3&"(@1-.')'&)(&
!"*.',#(&;(,7(#6%."'*+8&U'*(,%'&;-('#+&2%&)(&0()+/4,2(2*(&!"*,:1"'8&9-('#+&);%,%*(-(3&)(&!"*.,#&2%
WXV >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"&?(, WXW

;-('#+&0%"&".1&;("*,1&'&)(&;(,7(#6%."'3&*.*&5'%&)1)3&!"&/(2"%#%(8&C%/%"%*'*('&()*(&.&7%%"6+&#',(&!2%& 9(#*.,'-1-1%&0();',*(&0%"&".1&H';1-&0(&K7(,'&;(,%7(,%#+3&;(&P'*+&0(&U'5+8&I;.%&.&".1+&(5%)%(&',(&
0()+/4,2(2*(&!"*,:1"'&#.;%%%3&7.,5('F+&#.,;1,%-(&#(,(2*%3&2#.-%&*.*&5'%&;(,7(#6%."'*(3&1"0(&01$1,%-(3& -.#3&2%&'2'&):'&,(;(*'*&2%&)(&,(;(*+&7(".5("1-&;4"+&'F%8
*,1;&0%"&*,1;1-&K+13&(/.-1('F+&2%&0(/%"&0%"&#(&!"&#(&5'%&)1@-%5(8&P.*1-&(&.&2#.'-+&0%"&#(&!"&#(&5'%& K:',&;+,('&#+&!"&K7(,'&0%/%"+&'1&'/1*&-.#&0.1+&'#*(A&.&0%-'*',(&2%&.&#."*,'#*',(8&!"&,('-%*'*(3&'1&
!"'-*+3&!"&#',(&-15%-(3&01$1,%-(&2%&H,('*.,1-&)(&,%0%#+&0%"&#(&!"&#(&5'%&)1)3&);,(&;(,7(#6%1"(8 7.)*&;'*,1&'#*(A& .& 0%-'*',(3&.& ;'1F+3&. &#."*,'#*',(&2%&):' &*(,5%"'*& #1&.&'-*+&;'1F+8&I2'0',3 &0.1+&
>'#+&(L%)*+&2&8(-(&'&(0281.%(%&'48%#'*+&'*E*&'*27181%&#E*&3%&"(A182')(82,/&'48%#'*+&'*E*&)4%,%*181% & '#*%/%*+6%&2%&0.1+&;'1F(3&)'1&5'%&)#1,*3&.&'#*%/%*'*(&2%&.&;'1F+8&C1,'*'&'#()*(%&'#*%/%*+6%&'&6%"1*&2')(&
7%"(,'8&#E*&3%&',$'"-$(8%82,/&'*1"#%&!")13%&F1*2,18&8(-%%&*,(A1%(&)+&)(&)141"+&(%9&C,%"&1,7',(/&:(-(' & *%5;%3&%',&01,'*'&,(;'1)1-1%&1"&*%5;8&R'*+&!"6(-()1-&/.,@(-.,&0%"&p%@-%(A&BC15"(F(1&'&7+#1*&#,('6%'&!"&
(0281.%(%&()*(&'48%#'A%8+&3%&d'*+81%&#(,()#9 2')(&F%-(&2%&!"&'&2';*('&):'&.0%$"%*E8
P(&1%5(2*%&#4"0&)*'%&2%&5(0%*(F%&')1;,'&#."#-1F%%-.,&!"?(,%-.,&0(&'%#%8&S%&);1"A&BI5&*,+%*&5%-%',0(& 9,%"&1,5',(3&#(-(&0.1+&K7(,(&#1&;.*("6%'-&(-(#*,%#&0%7(,%*&:&P+*',&2%&U'5',&:&):'1&1"%*&2%&'1&7+#1*&
0(&5%-%',0(&0(&'"%&0(:'%&/.2*,%3&0(&'5&'=1")&?,'01-&!"'-*&0(&!"?(,3&2%&0(2%&2*%1&51-*(3&0(#-',&#+&%"7%"%*& 1"&*,1;3&.#'F%(&#1&#',(&'&'/1*&-.#&1"&)#$%5@&0(&5'*(,%%&$'.*%#(&!"*,(&(-(8&R'*+&#.,();."0("*1-&!"&
0(&51-*(&5'%&'5&0(&!"/+6'*8&I2&;1*('&);1"(&#+&2*%1&;,('&;16%"E8 H(,1,%&'&*'%"(%&1"%,%%&#(-.,&0.%&).6%&;(&;+54"*8
J%#%&K74"*1-&C1$3&"%#%&o%1-&0(&C15"(F(1&"1&)(&;.*&-+10'&#1&2*%%"6'&G.,&0%/%"+Q&2%&S%&5+,*1,%)()#A& U'*(,%'&0%"&P+*',&7+,+&5'*(,%'&0%"&U'5',&"1&()*(&;(,7(#*+8&J%#%&H';1-3&"%#%&U'5',1-&"1&)1"*&
BU1-*(&"(:'&);1)&P'*+-3&0',&"1&2*%5&*.*1-3&5'%&'/(5&!"#+&0(&!"/+6'*E8 C15"(F(%&;(,7(#6%3&#%&"15'%&!5;,(1"+&7.,5('F+&1"&C15"(F(1&;(,7(#*8&H';1-&"1&()*(&C15"(F(1&
K74"*1-&C1$&(/.-1('F+3&o%1-&0(&C15"(F(1&(/.-1('F+3&0(#%&*.6%&2%&*.*1-&(/.-1('F+3&7+,+&0(&)74,2%*8& ;(,7(#*3&0(#4*&!"&)*',(&'#*%/+3&%',&U'5',1-&"1&(&C15"(F(1&;(,7(#*3&0(#4*&!"&)*',(&;')%/+8&!"&5.5("*1-&
G(?('&(/.-16%(%&"1&;(,5%*(&"%5+"1%&2%&-'&"%5%#&)+&)*'?"(F(8&R"/,(0"%#(2*(:"(3&P'*+3&)+&"(&!"*.',#(5& '-%;%,%%&#(-.,&0.1+&K7(,(&:&P+*',&2%&U'5',&:&)(&7.,5('F+&C15"(F(1-&;(,7(#*8&J15'%&0%"&1"%,('&-.,&
!"&-15%"'&P'3&#'&)+&;,.)-+/%5&!"&/(#%%&/(#%-.,&!"6(-(;#%1"('&2%&R1@%,('&P'&"()74,2%*+M&I5%"8 ;(,;(*1+&C15"(F(1&/'&;1*('&7'#(&*.*&#(&/(0(5&2%&"1&/(0(58
I=1"?4"0&!"&U'5',3&)#4"*(%'&(5%)+&0(&P'*+-&#("*,'-&()*(&!5@,+#'*+&#1&.&5'*(,%(&0%"&%"*(,%.,1-&K7(,(%:
U'5',8&I#(')*+&)#4"*(%(&()*(&-1'*+&!"&;,%5%,(&0(&?-.,%.')(-(&K;%,%*(&0%"&U'5',3&"15%*(&o%%&0%/%"%3&
#',(&:&#15&'5&5'%&);1)&:&!%&!"*1"(#+&5(5.,%'&0%/%"+8&C(&'#15&):'&"+)#1*&1"&01$8&P,(%&7'#*.,%&'1&
o.,5',('&K7(,(%&0%/%"( #."*,%@1%*&-'&"'2*(,('&1"1%&01$A&P'*'3&U'5'&2%&o%1-8&SL%)*+&5%-%',0(&0(&o%%&0%/%"%&!"&K7(,':U'5',3&
G1#,+*.,%&)1@-%5%&'%&P'*+-1%&#(,()#8&H4"0&%()(&0%"&H';1-&#("*,'-3&)#4"*(%'&()*(&.&5'*(,%(&;(,7(#*&
C%"&#4"0&!"&#4"03&#4*(&.&5',(&G15%"+&'&);'6%%-.,&#.@.',+&2%&)(&7'#(&.5&*,1;()#8&S'&'01#(&#1&)%"(&.& ')(5+"+*.',(&#1&5'*(,%'&H';1-1%8&R"*,4"0&!"&U'5',3&)#4"*(%'&()*(&-1'*+&0(&o%%%&0%/%"%3&#',(&!%&'0'1?+&
/'?+&'5%"*%,(&'&#(('&#(&'&)*10%'*&!"&);'6%13&#1".2*%"6(&2*%1*(&;(,7(#*&#'&01$8&U1"#%"03&*,10%"01:2%& #(/'3&.&;,(;',+&2%&.&7.,5('F+&01$8&!"&0(7%"%*%/3&):',&;1*('&);1"(&#+&o%%%&0%/%"%&'1&#,('*&01$1-8&K7(,'&
5%"*('&2%&7%%"0&'=1*'*&0(&7,'6%%&)+%&0(&)1)3&;,%"&)1?()*%%3&0+&-'&%/('-+&#(('&#(&;.)(0'&!"&H(,&:&%0(%3&*(.,%%& 0%/%"+&:&U'#,.#.)51-&:&'&#,('*&01$1-3&%',&01$1-&:&!"&/(2"%#%'&#(&/'&/("%&:&/'&7'#(&2%&(-&#(('&#(&):'&
2%&0()#.;(,%,%&".%8&I2'&):'&!"*45;-'*&2%&#1&1-*%5(-(&#1".2*%"6(&,(7(,%*.',(&-'&'*279&J%5("%&":'&/+F1*& 7+#1*&#1&(-&!"&K7(,'&0%/%"+8&K7(,':U'5',&)(&'-%5("*('F+&5(,(1&#1&;',*%#1-(-(&/%%&0(&-'&(L*(,%.,1-&(%3&
'*.51-8 & S- & ()*( & . & %;.*(F+ & 01)+ & 2% & 5'% & 0(;',*(3 & );1"4"01:)( & #+ & '*.51- & ()*( & #.")*%*1%* & 0%" & 0.1+& #1&5'*(,%'&$'.*%#+&'7-'*+&!"&'7','&H.)5.)1-1%3&!"&R"7%"%*1-&#',(&!"#."=.',+&K7(,':H.)5.)8&C',&#15&'&
(-(5("*(3&"15%*(&(8(#*,2"&3%&4,2*2"9&H(&%"*1%6%(&?("%'-+&'&'/1*&p.$,3&;,%51-&#',(&'&0()#,%)&#.")*%*16%'& '=1")&'#(')*+&5'*(,%(&!"&K7(,':C%/%"+D&S'&'&7.)*&'@).,@%*+&0%"&$'.)&;,%"&!"/4,*%,('&K7(,(%:H.)5.)&!"&
'*.51-1%3&#'&7%%"0&7.,5'*&0%"&'#()*(&0.1+&7(-1,%&0(&5'*(,%%8 =1,1-&'L(%&)'-(&!"#$%;1%*(8
H(&)1"*&(-(#*,."%%&2%&;,.*."%%D&K1"*&5%#%&)7(,(&0(&5'*(,%(3&')(5+"+*.',(&#1&5'*(,%'&;(,%);%,%*1-1%&5(18& 9',*%#1-'&0%"&R"7%"%*3&%"*,'*+&!"&K7(,':U'5',3&()*(&';.%&'@).,@%*+&0(&K7(,':H';3&1"0(&)(&').#%'F+&
I5&);1)&2%&,(;(*&5(,(1A&P.*&#(&(L%)*+&:&2*%1*&2%&"(2*%1*3&/+F1*&2%&"(/+F1*&:&'&;,./("%*&0%"*,:1"'&2%& #1&#(-(&'7-'*(&'#.-.8&I%#%3&'#()*(&;',*%#1-(&)17(,+&.&;,(7'#(,(3&.&%"7-1("6+&'&5(0%1-1%&0%/%"3&2%&#4"0&'1&
'#(('2%&5'*(,%(8&H,('*.,1-&(5%*(&5(,(1&'#(')*+&5'*(,%(8&C',&,(6%"(6%&@%"(A &?,('*2,18&"1&'&#,('*629& 0(/("%*&';*(&;("*,1&/%%*.',('&-.,&5%)%1"(3&)1"*&(L;1-F'*(&0%"&K7(,':H';&!"&U'5',8&9',*%#1-(-(&$'.*%#(&
C%"&'#()*&;1"#*&0(&/(0(,(3&*(,5("1-&0( &?,('*2, &"1&#.,();1"0(&,('-%*+6%%8&T"&*(,5("&5'%&=1)*&',&7%& )17(,+&.&;,%5+&;,(7'#(,(&-'&H("*,13&!"&K7(,':P'*',3&2%8&';.%&!"&K7(,':U'5',&:&G'@.,'*.,1-&1"0(&)(&
R7%.+*2,18/&#+#%&S-&"15'%&.&(5%*(3&2%&"1&.&#,(('F+8&I#(')*+&5'*(,%(&'&(L%)*'*&2%&(L%)*+&0%"&/(2"%#%(8& ;,(;',+&*.'*+&?'5'&0(&7-1%0(&2%&5'%&';.%&01$1,%-(8
H15&);%,%*1-&"1&'&'/1*&2%&"1&',(&.0%$"+3&)#.*.#(2*(&2%&#'1*+&)+&'7-(&5(,(1&5'%&51-*8&S)*(&?,(1&0(&);1)& C%"&#(-(&(L;1)(&5'%&)1)3&)(&/(0(&#+&C15"(F(1&()*(&.&1"%*'*(/ &. &%"5%0%51'8%*'*(/ &2%&*.*12%&()*(&
#(&#1;,%"0(&!"&%"*(,%.,1-&(%3&'#()* &N"18/ &'#(')*+ &7'*(,%(&4,%72,5%'8+/ &;("*,1&#+&"1&;1*(5&'"'-%F'& #.5;1)&0%"*,:.&5')+&0(&%"0%/%01'-%*+6%&)%5;-(3&'&#+,.,&'1*.".5%(&;(,)."'-+&'&0%);+,1*8&>17"(M(1 &
"'*1,'&'#()*(%&7'*(,%%61"19&I*4*'&2*%53&#+&'#()*&1"18&()*(&.&7%%"6+&/%(8&N"18&(&(5%)&0(&P'*+-3&0',&"1&(& ()*(&2&#28(#*%0%*'*(&4(,;(#*&1"%*',+/&#',(&)(&','*+&8'&(L*(,%2,&#'&1"&d2*&1"%*',9
P'*+-&!"&;(,).'"+8&H.")*'*+5&!")+&#+&'#()*&1"1&',(&'#(-('2%&;,.;,%(*+6%&#'&5%"(3&01$3&#.;%-1-&P'*+-1%3& C15"(F(1&()*(&J%,/'"'&%"0%("%-.,3&!"&)4"1-&#+,(%'&0.5"(2*(&7(,%#%,('&0()+/4,2%*+8&S-&()*(&7.,5'*&
2%&0(#%&:&;,%"&0(01#6%(&:&(-&()*(&-'&7(-&#1&P'*+-8&N"18&"1&()*(&#$%',&P'*+-3&0',&(&')(5+"+*.,&#1&S-8 0%"*,:.&%"7%"%*'*(&0(&%"0%/%01'-%*+6%3&K;%,%*(&0%/%"(3&'=1")(&-'&.&*,(';*+&)1;(,%.',+&'&(/.-16%(%&-.,8&C(2%&
7%(#',( & C%/%" & !2% & ;+)*,('F+ & #."2*%%"6' & %"0%/%01'-%*+6%% & K'-(3 & '*4* & 0( & !"'-*+ & ()*( & !"6(-(?(,(' & ,.-1-1%&
p%"(&);1"&K#,%;*1,%-(&#+&C15"(F(1&'&7+#1*&;(&.5&01;+&#$%;1-&2%&')(5+"',('&K'8&9,%51-&I0'5& 7%(#+,1%'&0%"*,(&S%3&!"#4*&'#.-.&0.5"(2*(&.&)%"?1,+&/.%"6+&2%&1"&)%"?1,&?4"08
#,('*&"1&'&7.)*&;(&9+54"*3&#%&!"&K7(,':U'5',8&I#.-.3&0(;',*(3&!"&'@%)1-&H(,1,%-.,3&!"&K7(,'&0%/%"+&'& o%1-&0%/%"&5'5',&()*(&.&*,(';*+&)1;(,%.',+&'&)#+,%%&%"7%"%*(%&(/.-16%%&;',#1,)(&0(&01$8&C1;+&#(&/(%&
7.)*&#,('*&;,%51-&01$3&;,%51-&I0'58 '*%"?(&'#()*&?,'0&0(&(/.-16%(3&;.6%&);(,'&)+&,(%"*,%&!"&9(,)."'-%*'*(':P'*',+3&#.5;1)+&0%"&5%-%',0(&
G15(' & '"?(-%#+ & "( & );1"( & #+ &4',*%#18'61"1 &: & '2' & )%5;-+ & #15 & ( & (' & : & ',( & *,(% & '*,%@1*(3 & )'1& %"7%"%*(&0(&%"0%/%01'-%*+6%3&#1&.&-%@(,*'*(&;(,7(#*+&2%&(?'-+3&0(&#',(&!")+&"1&'@1F('F+&"%5("%3&;("*,1&#+&
;,.;,%(*+6%3&;(&#',(&-(&/.5&)*10%'&5'%&*4,F%18&I5&);1)&#+&'#(')*+&5'*(,%(&()*(&/%(3&0(.',(#(&'&7.)*& S%&)1"*&W(%&;(,7(#6%3&#1".)#+*.,%&'%&*1*1,.,&-(?%-.,8&I=1"2%&'#.-.3&S%&"1&5'%&;.*&?,(2%3&;("*,1&#+&)(&
7(#1"0'*+3&/%/%7%#'*+&0(&H';1-&P+*',8&J1&*.'*+&5'*(,%'&;,%5+3&N"18&0%"&U'5',&()*(&7(#1"0'*+8 )%5*&7.',*(&7(,%#%6%3&*.#5'%&;,%"&'#(')*+&').#%(,(&2%&51"#+&!"&#.51"8
!" & U'5',3 & (L%)*+ & 0.1+ & 7(-1,% & 0( &7'*(,%%61"1j & U9 & 7'*(,%'61"1 & ;(#1"5'*+] & V9 & 7'*(,%'61"1& K:'&)74,2%*&'%#%&#',%(,'&01$1-1%D&N,.F'/+&;,.@-(5+M&a',(&#4"0&P'*+-&,(/',)+&5%-%',0(&0(&)#4"*(%&
"(;(#1"5'*+&0(&P'*+-&#("*,'-8&U'*(,%'&"(7(#1"0'*+&()*(&6+,4"'&0%"&p%@-%(3&#1&#',(&'&7+#1*&C15"(F(1& !"&U'5',3&":.&7%&,(/+,)4"0&S-&2%&/,(1"&o%1&0%/%"3&'@).,@%*&0%"&#%#-1-&)+1&'"*(,%.,D&p'&0'&:&"(&);1"&
;( & .53& %',&5'*(,%'& 7(#1"0'*+ &()*(&#(' &#1& #',( &H,('*.,1- &'&7+#1*&01$1-&5%"(,'-1-1%3 &/(?(*'-1-1%3& !"?(,%%&).-',%&:&'#()*&7(".5("&'&'/1*&-.#&2%&',(&-.#&2%&'F%8
'"%5'-1-1%3&.51-1%3&!"?(,1-1%&)'1&'-&o%%-.,&K+%&H,('*.,%8 I#15&2*%5&#+&!"&%"*(,%.,1-&K7(,(%:1"%*',(:P'*',(&/%(61%()#&5%-%',0(&0(&%"0%/%01'-%*+6%&)1@-%5(3&
U'*(,%':1"1&(&/%(3&',(&/%'6+3&;("*,1&#+&)(&5%2#+8&I#(')*+&5%2#',(&()*(&/.%*+&2%&,'6%."'-+3&0(#%& "15%*(&#(818(&5%0%"(/&*.'*(&'@).-1*&;(,7(#*(8&I#()*(&;(,7(#6%1"%3&7%%"0&-(?'*(&;,%"&-(?('&%1@%,%%&0(&'-*(&
%"*(-%?("*+8&S'&;.)(0+&/.%"6'&)'&;,.;,%(3&%"0(;("0("*+&0(&S5%6+*.,8&U'*(,%':1"1&'&7.)*&(5%)+&')*7(-3& ;',*%#1-(:/%'6+3&7,'6%&!"#(;+*.,%3&/.,&;+,+)%&0(&@1"+&/.%(&K7(,':H';&2%&/.,&%"*,'&0%"&".1&!"&K7(,':U'5',8&
!"*4%3 & H';1- & : & K7(,' & #("*,'-+ & ' & K7(,(% & 0%/%"( & : & ):' & 157-'*3 & ):' & 0%-'*'*8 & U'*(,%' & K7(,(% & ' & 0.1'3& I%#%&)(&)'#,%7%#+&;("*,1&54"*1%,('&#(-.,&*,%5%2%&!"&)7(,'&#,('*+3&2%&)(&-')+&,+)*%?"%6%3&,+;%"01:-%:)(&
#."#("*,%#+3&"15%*+&9(#*.,'-3&):'&)*,4")&!"&1"(-(&,(?%1"%3&#."71"04"01:)(&.',(#15&#1&H';1-8&R"&'#(-(& )1@-%5'&2*%%"6+&2%&5(5.,%(8&!"*1"(#',('&()*(&7+#1*+&0(&o%%%&0%/%"%3&#',(&!%&*,'")7.,5+&!"&C15"(F(%&
,(?%1"%&K7(,'&#("*,'-+3&H';1-&):'&'-%;%*&0(&K7(,'&'&*,(%'3&#."#("*,%#+3&#('&(L*(,%.',+3&"15%*+&U'5',8& %5;(,7(#6%3&;("*,1&#'&';.%&)+&;-(#(3&!"&,.%1,%3&!"&-15%-(&#,('*(&#1&;1F0(,%'&0(&7,'6%&5'%&5%#%8
C1;+&'#(('3&0%"&-.#&!"&-.#3&'1&';+,1*&!"&K7(,'&#("*,'-+&.&)(,%(&0(&;,.(5%"("6(&#',(&'1 &;+*,1")&!"& a',(&C15"(F(1&()*(&7.,5'*&0%"*,:.&5'*(,%(&7%L+3&)*'@%-+D&J18&>%&S-&()*(&7.,5'*&0%"*,:.&5'*(,%(&
'04"#%*1,%-( & K7(,(%:U'5',8 & 9,%" & '#()*( & ;,.*1@(,'"*(3 & K7(,':H'; & ' & (5%) & . & ;-.'%( & 0( & 5%-%',0( &0(& %")*'@%-+3&!"*,:1"&/(2"%#&;,.?,()8&U'*(,%'&#(&7.,5('F+&K7(,':H';&',(&!")12%,('&(-(#*,%#%*+6%%&;.F%*%/(8&
;',*%#1-(3&)'1&)#4"*(%&0(&5'*(,%(:1"13&!"&5'*(,%'&K7(,(%:U'5',3&%',&0%"&K7(,':U'5',&'1&%"*,'*&.&'-*+& U'*(,%'&0%"&K7(,':U'5',&)(&#.5;.,*+&#'&.&5'*(,%(&(-(#*,%#+&"(?'*%/+8&!"*,(e&'#()*(&0.1+&)(&'7-+&
)(,%( & 0( & 5%-%',0( & 0( & ;',*%#1-(:5'5',( & !" & H';1- & #("*,'-8 & 9,%" & 1,5',(3 & ):' & 7+#1* & 1" & )#$%5@ & 0(& K7(,':c();%,'*.,3&7.,5'*+&0%"*,:.&5'*(,%(&"(1*,+&0%"&;1"#*&0(&/(0(,(&(-(#*,%#8&!"*,('?'&K7(,+&0%/%"+&
;',*%#1-(:1"18&!"&'&0.1'&;(,%.'0+3&K7(,':H';&)(&#."#("*,('F+3&!2%&,(%'&7.,5'&%"%6%'-+&2%&')*7(-&5'*(,%' ()*(&7.,5'*+&0%"&*,(%&7(-1,%&0(&5'*(,%%A&*+*',+/&,()4%,'*2,%(&2%&7'7',+/&)'1&'#*%0+/&"(1*,+&2%&4')%0+9
WXX >%"&*'%"(8(&0%(.%%&;%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"&?(, WXY

A&S-(#*,."1-&0%"&'*.5&()*(&0(&"'*1,+&5'5',+3&;,.*."1-&0(&"'*1,+&*+*',+3&%',&!"*,(&(%&2%&!"&=1,1-& C%/%"%*'*('&51"#(2*(&)+&#1#(,(')#+3&;,%"&%1@%,(3&;,%"&-(?('&).-%0',%*+6%%3&5%-%',0(-(&0(&5%-%',0(&
7%(#+,1%'&)(&'7-+&5'*(,%'&"(1*,."%#+8&S-(#*,."1-&)(&!"/4,*(&!"&=1,1-&;,.*."1-1%3&01;+&#15&K7(,':U'5',& 0(&;',*%#1-(&/%%3&,%)%;%*(&;(&!"*%")1-&R"7%"%*1-1%Q&)+&-(&'*,'?+3&-+51,(')#+&2%&)1;1"+&)1;,(5'6%(%&K'-(8&
)(&!"/4,*(&!"&=1,1-&K7(,(%:P'*',8 P'*+-&()*(&P(5;-1-&)74"*&#',(&#'1*+&)+&'01"(&.%6(-(&0%"&$'.)3&;("*,1&'&-(&;1"(&!"&#%,#1%*1-&5',(-1%&
H';1-&0(&P'*+&#."6%"(&"15'%&5'*(,%(&;)%$%#+&0(&"'*1,+&'#*%/+3&(-(#*,%#&;.F%*%/+8&U'5',1-&',(&!"& #1,("*&'-&(/.-16%(%&/(2"%#(8
(-&5'%&'@1"0("*&5'*(,%(&(-(#*,%#+&;')%/+&)'1&"(?'*%/+8&!"&7%"(3&;(&'#()*('&-(&)(;',+&5'*(,%'&,();%,'*.,%(& !"&#."#-1F%(3&R"7%"%*1-&(&;-%"&0(&;',*%#1-(&/%%&2%&%"*(-%?("*(8&S-(&"1&#%,#1-+3&#%&)1"*&)*'6%."',(8&C%"&
"(1*,+8&C1;+&#15&K7(,':P'*',&2%&K7(,':U'5',&)(&'7-+&!"*,:.&/(2"%#+&'#*%/%*'*(3&;,.*."1-&;.F%*%/&2%& '#()*&;1"#*&0(&/(0(,(3&'#()*(&;',*%#1-(&:&"15%*(&%5(%&:&)(&0(.)(@()#&0(&%0(%-(&#(&7.,5('F+&?4"0%,('&
(-(#*,."1-&"(?'*%/&)1"*&!"*,:.&/(2"%#+&'#*%/%*'*(8&S-(#*,."%%&)1"*&!"*,:.&#1,)+&"(@1"+&01;+&;,.*."%3& 01$1,%-.,&:&-%@(,(&)'1&!"*,1;'*(&:&;("*,1&#+&'#()*('&0%"&1,5+&#+-+*.,()#&;,%"&);'6%13&;+*,1"0&2%&%()&0%"&
!")+3&"1&)(&;.*&'-%;%&)'1&#."*.;%3&7%%"0&)(;','6%&)'1&)#171"0'6%&!"*,:.&5'*(,%(&"(1*,+3&')(5+"+*.',(&#1& 01$1,%3&#+-+*.,()#&/(2"%#&;,%"&1"%/(,)3&)*,+@'*&;,%"&*.*&2%&*.'*(3&;,.01#4"0&(7(#*(&%"#'-#1-'@%-(8&I5&
5'*(,%'&9(#*.,'-1-1%3&'7-'*+&!"*,(&P+*',&2%&U'5',8 '0.;*'*&#1/4"*1- &%5(( &0.',&;("*,1&!"6(-(?(,('&;,.@-(5(%&K7(,(%&0%/%"(8&!"&,('-%*'*(3&(-(&)1"*&7%%"6(&
K*,+-1#%*+&5%"*(&'&'/1*&H(-&#(&'&#."#(;1*&'*.51-&:&%"7%"%*&0(&5%#3&'%0.5'&#1&K7(,'&0%/%"+&:%"7%"%*& #',(&'1&(L%)*'*&!"'%"*(&0(&'&7%&-1'*&"'2*(,(&*,1;1-&-1%&C15"(F(13&(L%)*4"0&2%&'F%&!"&$'.)3&!"&)*',('&
0(&5',(8&I*.51-&()*(&#('&5'%&5%#+&2%&)%5;-+&,(;,(F("*',(&'&K7(,(%&0%/%"(8&C1;+&#15&H';1-&0(&P'*+& ;,%5%*%/+&!"&#',(&'1&7.)*&0%"&/(2"%#%'&7+,+&0(&!"#(;1*8
2%&U'5',1-&)1"*&481,'8%*+.%/&*.*&')*7(-&2%&;,.*."1-&2%&(-(#*,."1-&)1"*&481,'8%*+.%&0(&;',*%#1-(&/%%3&7.)*& C1$1,%-(&15'"(&"1&/+0&'#()*(&;%%".(&4,%7(&#(&15;-1&R"7%"%*1-8&J15'%&1,%'2(-(&o.,6(&#(&#.")*%*1%(&
$'.*%#(8& 9,%"&1,5',(3&'*.5%%&"1& )1"*&;',*%#1-(&)%5;-(3&"1&)1"*&1-*%5%%&,(;,(F("*'"6%&'%&7.,5(%& 2%& K7(,'&0%/%"+&'1&7'#1-*'*('&0(&'&-(&/(0('8&U%"*('&.51-1%&"1:2%&;.'*(&7'#(&"%#%&.&%0((&0(&5%#%5('&-.,8&
5'*(,%(%8 I*.51-&()*(&'*4*&0(&5%#&!"#4*&"1:<&;1*(6%&/(0('&#1&"%#%&1"&%")*,15("*&#,('*&;4"+&'F%M&!"#$%;1%6%:/+&
P'*+-&(L%)*+&0%"&/(2"%#%(3&7+,+&0(&!"#(;1*&;,%"&()("6'&)'8&G'&!"#(;1*3&S-&(,'&.&("*%*'*(&"(1*,+3&.& '#()*(&/%(*+6%3&'#()*(&;',*%#1-(&$'.*%#(3&5'*(,%(&/%(&#1&#',(&!"#(;(&.,%#(&#,('6%(3&#4*&0(&5%#%&*,(@1%(&)+&
;',*%#1-+& Z$'.*%#+3& 7+,+& 5%2#',(Q& (,'&5%#3&1-*,'5%#,.)#.;%#3&2%& '*,%@1*1-& )+1&()("6%'-&(,' &-E"5%,('9& 7%(3&0'#+&!"*,:1"&'*.5&%"*,+&5%%&2%&5%%&0(&;',*%#1-(&'-(&$'.)1-1%8
I#()*(%&("*%*+6%&5%#,.)#.;%#(&!%&0+5&"15(-(&0(&%5((9&R0(('&(L%)*+&0%"&(*(,"%*'*(&2%&/'&(L%)*'&!"&/(#%%& P.'*(&'#()*(&;',*%#1-(&'1&7.)*&!"&/(2"%#%'&%"7%"%*+&0(&1"&)%"?1,&7(-3&*.'*(&'1&7.)*&/%%3&/%@,'"*(3&0',&
/(#%-.,8&G'&!"#(;1*3&P'*+-&'&7.)*&.&%0((3&1"&#1/4"*3&.&?4"0%,(8&I#(')*+&5%#+&;',*%#1-+&0%/%"+3&/+F4"0& (,'1&"(1*,(&)'1&%"'#*%/(3&7%L'*(&-.#1-1%&0%"&/(#%%&/(#%-.,8&IF%3&0%"&#'1F'&%"7-1("6(%&K7(,(%&0%/%"(&2%&'&
5'*(,%' & ;,%5+ & !" & #',( & )( & )#'-0+3 & /+F4"0 & -%"%2*(' & 2% & *+#(,(' & #( & 0.5"(' & 0%" & /(2"%#%( & !" & $'.)3 & ):'& !"*,(?1-1%&#.)5.)3&'0%#+&'&)7(,(%&#(&#1;,%"0(&*.*&#(&):'&#,('*&;4"+&'#153&1"(-(&0%"&'#()*(&;',*%#1-(&:&
!"*,%)*'*3&#+#%&*.*1-&;+,('&5.,*&!"&=1,1-&)+13&2%&'&;-4")&'5',"%#&0%"&#'1F'&'#()*(%&%"'#*%/%*+6%3&'#()*(%& #(-(&0%"&;,('=5'&#.)5.)1-1%&:&):'1&0()6(-("%*&0%"&"(5%2#',('&-.,3&'&!"#(;1*&)+e-%#+,(')#+&!"&(-(&1"&
!"7%.,+*.',(&"(5%2#+,%&2%&*+#(,%8&C%"&'#(-&5.5("*3&;',*%#1-'&0%/%"+3&0%"&%"'#*%/+3&!"#(;(&)+&)(&5%2*(3& )*,.;&0(&'#*%/%*'*(3&*,(#4"0&0%"&)*',('&"(1*,+&!"&)*',('&0("15%*+&0(&".%&4')%0+9&!"&7%"(3&1"(-(&0%"&(-(&
7.,54"0&;,%"&!")+2%&'#(')*+&5%2#',(&1"&7(-&0(&#1,("*3&0(&(-(#*,%#%*'*(8&T,5',('&'#*%/%*+6%%3&'&?4"0%,%%& '1&'=1")&-'&.&#."2*%%"6+&5'%&/%(3&-'&.&'#*%/%*'*(&%"*(,"+&2%&(L*(,"+&5'%&0(F/.-*'*+8&9(&'#()*(&;',*%#1-(&
;',*%#1-(%&0%/%"(3&;,./.'#+&;(&/(#%"(-(&)'-(&-'&').#%(,(3&2%&5'%&*4,F%1&-'&.,?'"%F',(8&!"#(*1-&#1&!"#(*1-& -(&"15%5&'#*%0(9
)(&"'2*(&.&".1+&%0((A&)28%5',%*'*('9&9',*%#1-(-(&):'1&';,.;%'*&!"*,(&(-(3&):'1&)7+*1%*3&#+#%&(,'1&7%%"6(&0%%/& 9',*%#1-(-(&!"&#',(&'&!"#(;1*&'&5%=%&.&5%#+&'#*%/%*'*(3&):'1&').#%'*&!"*,:1"&5%#&?-.@&)*,+-1#%*.,8&
%"*(8%-("*( &2%&#1 &02%".+/ &2%&0(#%0&)+&)(&).-%0',%F(F(8&S-(&7'#&';(-3&#1&?4"0%,('&-.,3&2%&1"&?-')&5("*'-& I#()*'&(&!"#(;1*1-3&#',(&/'&0(/("%&1,%'2'&)7(,+&0(&5'%&*4,F%1A&K7(,'&0%/%"+3&G'@.,'*.,1-&#,('*.,&'&*.*&
,+)1"+&#'&.&*,45@%6+&;,%"&!"*%")1-&$'.)1-1%3&#$(54"01:-(&;(&*.'*(&-'&5%2#',(3&-'&.&/%'6+&'#*%/+8&R1@%,('& #(&)(&2*%(&2%&"1&)(&2*%(8
-(&#$('5+3&2%&0(&-'&.&/,(5(&!"#(;&)+&)(&'?-1*%"(F(&!"*,(&(-(3&7.,54"0&.&7')+&5(&4',*%#18(&0%%/&(?'-(&!"& 9,%5(-(&#,('6%%&)1"*&5.0()*(&2%&.',(#15&%5;(,7(#*(8&C',&.@)(,/4"01:)(&5(,(1&,(F1-*'*(-(3&):'&
5+,%5(3&!"6(-(?(,(&2%&/.%"6+3&'-#+*1%"0&')*7(-&;,%5'&#.-(#*%/%*'*(&).#%'-+&0(&;',*%#1-(:/%'6+3&#.")*%*1%"0& '=1")&-'&7.,5(&)1;(,%.',(8&C%"&'"'-%F'&/%(6%%&;,%5(-.,&#,('6%%3&):'1&(-'@.,'*&,(-18%8(/&):'1&)*'*.,"%#%*&
;,%5'&K7(,+A&H';1-&0(&C15"(F(18&R'*+&F%1'&!"*4%'&'&#,('6%(%M 8(-%8(/ &;("*,1&/(2"%#%(8&C(&'*1"#%3&*.*1-&)(&#."01#(&01;+&'#()*(&-(?%8&H1&#4*&/.,&*,(#(&5'%&51-*(&
H(('&#(&"15%5&".%&C15"(F(1&'&-1'*&"'2*(,(&0%"&').#%(,('&%0(%-.,&0%"&$'.)&-'&#$(5',('&;,%5(%& 5%-%',0(&0(&/('#1,%3&#1&'*4*&H("*,1-&/'&#,('&1"&?,'0&5'%&!"'-*&0(&;(,7(#6%1"(3&2%&0(#%&-(?%-(&;,%5(3&
%0(%8&C'#+&C15"(F(1&5:'&7+#1*&;(&5%"(3&'#15&2*%6%&#%"(&<:'&7+#1*&;(&C15"(F(1A&=5(%8(&,+)4E"5%*(& -(?%-(&0(&@'F+3&/.,&'/('&'"(L(&0%"&#(&!"&#(&5'%&#.5;-(L(8&P.*&'2'&#'&!"&-15('&15'"+3&G(?%-(&;,%5(&
!"&$'2)9&S-(&15;-('1&R"7%"%*1-&')(5("('&;',*%#1-(-.,&0(&;,'7&#(&!".'*+&;,%"&'(,3&)'1&'&;',*%#1-(-.,&0(& #.")*%*1%(&?2")*%*1.%'&#,('.%%82,9
"+5.-&#(&;-1*()#&;,%"&';'&5+,%%8&g'.)1-&(&;-%"&2%&'F%&0(&%"7%"%*'*('&0(&%0(%3&;',*%#1-(&/%%3&)%5;-(&2%& G'&!"#(;1*3&.&)%"?1,+&;',*%#1-+&'&)1"'*&0%"&*,45@%6'&(%&5("*'-+&;()*(&.#('"1-&%"7%"%*3&#$(54"0&-'&
7%L'*(&-.#1-1%8&!"&$'.)&(L%)*+&2%&'F%&%0(%&)%5;-(3&%"0%/%F%@%-(3&"(').#%'*(3&"(.,?'"%F'*(3&;,(#15&2%&.& /%'6+e2%&'#*%/%*'*(&;(&)1,.,%-(&)'-(8&C1;+&/('#1,%3&.&'&0.1'&'&,+);1")&-'&'#(')*+&#$(5',(&;-%"+&0(&
%"7%"%*'*(&0(&%0(%&;(&#'-(&0(&.,?'"%F',(8 %1@%,(8&!"&7%"(3&01;+:.&/,(5(&):'&'-%;%*&-'&#(-(&0.1+&2%&'&*,(%'8&9,%5'&').#%(,(&'&7.)*&.&*,(%5(3&'-#+*1%*+&
K:'&7.,5'*&;,%51-&"1#-(13&;,%5'&)7(,+3&;,%5'&#.-(#*%/%*'*(&0(&7%%"6(&/%%3&'#*%/(8&9,%"&7.,6'&-.,& ;,%"&0,'?.)*(3&5%-+&2%&!"6(-(?(,(8&C%"&'#()*&5.5("*&):'&%")*%*1%* &:(-('&%1A%,%% &2% &:(-('&')2#%(,%%9&
'*,'#*%/+3&;,%"&5%-'&"+)#1*+&!"&(-(&0(&)*',('&)1,%.',(-.,&#(&0.,5('1&).5"1-&5.,6%%&0%"&/(2"%#%(3&(-(&'1& R"%6%'-3&7%(#',(&;',*%#1-+&(,'&-%@(,+8&9,%"&').#%(,(3&(-(&'1&;%(,01*&-%@(,*'*('3&0',3&!"&)#$%5@3&'1&)%56%*&.&
'*,')&#1&;1*(,(&2%&'-*(&;',*%#1-(& /%%3&5'%&;16%"&'#*%/(3&.,?'"%F4"01:-(&!"&=1,1-&;,%51-1%&"1#-(1& '-& 5',(&51-615%,(&;,%"&7';*1-&51"#%%&-.,&!"&#.51"8
H';1-1%&0%/%"3&7.,54"0&')*7(-&K7(,'&!"#."=1,+*.',(3&)'1&U'5',1-8&!"&7%"(3&!"*,(&H';&2%&U'5',&'1&7.)*& C',3&#(&()*(&%1@%,('D&=1A%,('&()*(&1"&)#$%7A&5(&)1A)*'".(&!"*,(&521+&%"5%0%51'8%*+.%9&F8%4%,('&3% &
'2(F'*(&%0(%-(&$'.*%#(&.,%?%"',(3&)%5;-(&2%&"(1*,(3&#',(&'1&#.")*%*1%*&K7(,':9(#*.,'-8&I#()*'&'&7.)*& )#$%7A',('&,(#%4,2#+&'&1"(%&'"17%*(&#'"*%*+.%&5(&)1A)*'".+&5%"&#2,418&82,&)(&"17(3*(&%1A%,(9
!"#(;1*1-&5.0()*&'%&K7(,(%&0%/%"(8 U'*(,%'&$'.*%#+3&,(01)+&-'&;,%5'&(%&)*',(3&'&7.)*&2%&()*(&.&5'*(,%(&"(1*,+8&H4"0&).',(-(&".)*,1&'=1"?(&
C%"&'#(-&5.5("*3&K7(,'&0%/%"+&'&'@).,@%*&5(,(1&0%"&$'.)&5'*(,%'&$'.*%#+3&7.,54"0&0%"&('&';.%& 0(&-'&#("*,1&-'&;(,%7(,%'&1"%/(,)1-1%3&'*,'?(&#+*,(&)%"(&0%"&);'6%1-&5-(,1"%/(%)%#&;',*%#1-(&$'.*%#(33&!"&
*.'*+&?'5'&0(&7-1%0(&2%&5'%&*4,F%1&0(&01$1,%3&#',(&'1&#.")*%*1%*&)7(,'&#,('*+8 '"15%*(&)*+,%&0(&').#%(,(8&S-(&)(&?+)()#&!"&'*5.)7(,'&).-',+3&2%&0(#%&2%&!"&=1,1-&;+54"*1-1%8&K.',(-(&2%3&
IF%&%0(%-(&*,(#1*(&;,%"&U'5',&2%&';.%&;,(-1#,'*(&0(&o%%%&0%/%"%&0(/%"&5'*(,%'&(*(,%#+3&;,(-1#,'*+& %"0%,(#*3&;+54"*1-3&'@).,@&0%"&$'.)&;1F0(,%(&0(&7%%"6(&$'.*%#(3&;',*%#1-(&0%/%"(3&#',(&!"&(*(,"%*'*('&
;,%"&(/.-16%(&!"&01$1,%Q&!"&0(7%"%*%/3&'#()*('&/.,&7%&!"*,1&*.*1-&-'&7(-&#1&P+*','&2%&U'5','&9(,)."'-%*'*(3& /%%*.',(&/.,&0(/("%&0%/%"%*+6%8&!"&*%5;1-&#+-+*.,%(%&).',(-1%&#+*,(&#("*,1-&)7(,(%:1"%/(,)3&%F.-+5&'#()*(&
'0%#+&.&5%#+&%#.'"+&'&5',%%&K7(,(&0%/%"(8&C1$1-&()*(&.&5%#+&,(;,.01#(,(&'&K7(,(%&0%/%"(3&0%"&#',(& ;',*%#1-(&$'.*%#(&01;+&#',(&-(&'@).,@%5&!"&#.,;1-&".)*,1&;(,%);%,%*1'-&2%&#+1*+5&)+&-(&0(;,%"0(5&)+&)(&
#'1F+&'&7.)*&0("15%*&J%#,2#2)79 ').#%(F(&#4*(&*,(%&!"*,:1"'8&C1;+&5%%&0(&'"%&0(&,+@0',(&2%&51"#+3&,(12%5&)+&7'#(5&0%"&(-(&1"%*+6%&
*,(%5%#(8&H.,;1-&5(1&'"?(-%#<&()*(&')*7(-&.,?'"%F'*3&!"#4*&%'1&#1".2*%"6+&%5(0%'*&#+&'&%"*,'*&!"&5%"(&.&
')(5("('&;',*%#1-+&$'.*%#+3&;("*,1&#+&;,(F("6'&(%&5+&!"*,%)*('F+8&I#(')*+&;',*%#1-+&$'.*%#+&-%@(,+&
/(0(&2%&)%5*(3&01;+&;1*(,%-(&(%8&R5(0%'*&#(&'&%"*,'*&!"&5%"(3&;',*%#1-'&$'.*%#+&/%"(&!"&#."*'#*&#1&
!"&R"7%"%*3&%0(%-(&)1"*&-%@(,(3&%"0(;("0("*(&1"(-(&0(&'-*(-(3&2%&#'&'*',(&*,(@1%(&#."/%")(&)+&)(& ;',*%#1-(-(&#.,;1-1%&5(1&);%,%*1'-3&#',(&)1"*&0(&'#(('2%&.,%?%"(&#1&('3&0',&!"&5%"(&)1"* &.,?'"%F'*(3&
').#%(F(3&;("*,1&'&0(/("%&;1*(,"%#(&2%&'*.*2*%1*.',(8&T,54"0&'2'3&!"&/(2"%#%(3&K7(,'&#.)5%#+&)(&/'& '0%#+&?,1;'*(&;(&@'F'&7.,51-(%&*,(%&!"*,61"'/&1"%"01:)(&;,%"*,:.&%1@%,(&#."*%"1+8&9',*%#1-(-(&5(-(&)%5*&
5+,%&0%"&#(&!"&#(&5'%&51-*3&!"&0'1"'&5'*(,%(%:/%'6+&0%"&$'.)8 ;',*%#1-'&$'.*%#+&2%&5+&!"*,%)*(F8&P,%)*(6('&5('&()*(&*,(#+*.',(3&0(.',(#(&!5%&0'1&)('5'&0(&#."*,%@16%'&
C',I0(&1"0(3&#4"0&2%&0(&H%"(&'1&7.)*&;,.01)(&'#()*(&;',*%#1-(3&)'1&#(-1-(&/%%D&U%)*(,&2%&%',& '01)+3&;,%"&%1@%,('&5('3&-'&(01#',('&7,'6%-.,&5(%&!"#(;+*.,%&!"&/%'6'&#,('6%(%8&H."*'#*1-&-.,&#1&#.,;1-&2%&
5%)*(,M&!"?(,%%&"(&);1"&#+&"15'%&!"&/(2"%#%'&/%%*.',(3&#4"0&/.5&'=1"?(&!"&)4"1-&P'*+-1%3&/.5&(-1#%0'& ?4"01-&5(1&;-%"&0(&%1@%,(&;("*,1&(-(&-(&0(*(,5%"+3&01;+&.&.',(#',(&/,(5(3&)+&)(&*,(%5%F(F(3&01;+&
'#()*&5%)*(,&;,.71"08 #$%;1-&2%&')(5+"',('&P'*+-1%3&o%1-1%&2%&K74"*1-1%&C1$8
K:'&!"*,(@1%"6'*&*(,5("1-&0(&%5((&;("*,1&'#()*(&5%#%&/%(*+6%3&;',*%#1-(&/%%3&'7-'*(&!"&$'.)8&!")+&(-(&
"1&*,(@1%(&#."71"0'*(&#1&%0(%-(&(5%)(&0(&.5&#4"0&?4"0(2*(3&)'1&#1&.,0%"(-(:?4"01,%&'-(&P'*+-1%&
#(,()#8&I#()*(&%0(%&)'1&?4"01,%&)1"*&'-*#(/'3&2%&"(&/.5&.#1;'&0(&(-(&#1&'-*+&.#'F%(8 <
&H.51"%#',('&;,./%"(&0(&-'&.&("*%*'*('&);%,%*1'-+&#(&',(&,'"?1-&0(&!"?(,8
WXZ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&:&F&521'&#',*( ?271"%#+,%&5%"&?(, WX[

9,%"&1,5',(3&".%3&!"?(,%%3&2%&/.%3&01$1,%-(&15'"(&'-@(3&(01#+5&5(,(1&5'*(,%'&$'.*%#+8&94"+&-'& P.'*(&#1".2*%"6(-(&-15%%&*,1;(2*%&;,./%"&0%"&-15('&".')*,+8&>*%%"6'&".')*,+&()*(&#1&51-*&)1;(,%.',+&
!"*.',#(,('&).',(-1%&-'&#("*,1-&1"%/(,)1-1%3&".%&'5&2%&*,(%5%F'*&'#()*(&;',*%#1-(&/%%&'#*%/(8&S-(&!"/'6+& #(-(%&5'%&!"'-*(&2*%%"6(&0(&;(&;+54"*8
)+&)(&%1@(')#+&2%&)+&)(&').#%(F(&#4*(&*,(%&-'&1"&-.#8 9,%"&1,5',(3&#(('&#(&7.-.)(2*(&;',*%01-1%&()*(&'/'")',('&#(-1-(-.,&)'-(3&0%"&;1"#*&0(&/(0(,(&5.,'-&
U'*(,%'&$'.*%#+&"15+,1-:0.%3&#('&#',(&/'&0(/("%&5'*(,%'&01$1'-+3&7.,54"0&)#4"*(%'&)'1&01$1-3& 2%&);%,%*1'-8&I@"(?'6%'3&5.,'-%*'*('3&%1@%,('&0(&)(5("&)1"*&;4,?$%%-(&'/'")+,%%&7%(#+,1%&);%,%*8&P.'*(&
"1&.&;.*&')%5%-'&)'1&.,?'"%F'3&"%#%&0'#+&'2&7%&o%1&0(&C15"(F(18&S'&1,5('F+&)+&(/.-1(F(&;4"+&-'& '#()*(&!")12%,%&)(&.@6%"&;,%"&-1;*(&2%&)17(,%"6(&?,(-(3&!"&5(0%1-&).#%'-&1"0(&01$1-&):'&!"*,1;'*8
7.,5'&0(&;',*%#1-+&'#*%/+3&#4"0&/'&7%&*,'")7.,5'*+&)'1&!"*,(@1%"6'*+&;("*,1&#.")*%*1%,('&1"1%&01$8 U.,'-%*'*(' & "1 & )( & ;.'*( & .@6%"( & 0(#4* & ;( & ;+54"*8 & !" & H(, & "((L%)*4"0 & *("*'6%%3 & );%,%*1- & "1 & ',(&
H(-( & *,(% & ;',*%#1-( &/%%3 & *,(%5%F'*(3 & 7.,5('F+ & '#15& .& ".1+ & 7%%"6+ &#',(3 &)(,/%"01:"( & #' & $,'"+3& #."0%6%%-(&#',(&)+:%&;1"+&-'&!"#(,#',(&*+,%'&)17-(*1-1%8&U(,%*1-&);%,%*1-1%&()*(&#4"03&7%%"0&!"*,1;'*3&0(#%&
#."*,%@1%(&-'&,(;',',('&#.,;1-1%&".)*,1&01$1'-8 "(2*%1*.,&0(&(L%)*("6'&P'*+-1%&2%&'&-15%%&);'6%'-(3&"(2*%1*.,&#+&(&)1;,'/(?$('*&0(&/(?$(*.,1-&)+1&2%&0(&.&
I).#%(,('&'#()*.,&*,(%&;',*%#1-(&'&0'*&"'2*(,(&-'&!"#(;1*1-&!"#(;1*1-1%&9(,)."'-%*+6%%:H';8&S-(&'1& #('*+&"()74,2%*+&0(&01$1,%3&0(&5(5@,%&;',*%01-1%&)+13&01#(&.&/%'6+&5.,'-+3&0(5"+3&#."2*%("*+&0(&
'@).,@%*&5'%&';.%&0%"&$'.)1-&!"#."=1,+*.,&'-*(&;',*%#1-(3&;(&#',(&-(:'1&.,?'"%F'*3&'2'&#15&-(&'@).,@%5& ,.)*1-&)+1&!"&-15(8
2%&-(&.,?'"%F+5&2%&".%3&;("*,1&'&"(&;1*('&$,+"%&#.,;1-&);%,%*1'-&2%&':<&7'#(&"(51,%*.,&!"&/(#%%&/(#%-.,8 a)4"0%*&!"&.#"'&#+,"%%3&2*%%"01:)(&)%"?1,3&01$1-&!2%&0+&0,151-&;.,"%,%-.,&2%&?4"01,%-.,&)'-(8&!"&
I#15&)+&7'#(5& .&)%"*(F+ & '&#(-., &);1)(8 &!" &H';&;,(0.5%"+&5'*(,%' & '#*%/+3& "15+,1-:1"18& R"& );'6%1&01$1-&(&#15%"*(&2%&!2%&')#1"0(&?4"01,%-(8
U'5',&;,(0.5%"+&5'*(,%'&;')%/+3&"15+,1-:0.%8&C()%?1,&#+&(L;,()%' &4,(527%"+ &'&)*'@%-%*&0(='&!"& BR"*,1;('F+:*(3&7,'*(&:&!%&);1"&#(%&0%"&;',*%01-&)+1eO&)+&*(&/(0(5&#(&7'#%3&2%&5'%&'-()&)+:6%&#%*%5&
5%"*('&*'&#+&2%&!"&H';&)(&'7-+&5'*(,%(&"15+,1-:0.%3&;,(#15&#+&2%&!"&U'5',&)(&'7-+&5'*(,%(&"15+,1-:1"13& ?4"01,%-(&')#1")(&#1&?,%=+&!"&7.,1-&*+1&%"*(,"&);%,%*1'-8&!"*,1;('F+:*(3&2%&#4"0&/(%&?4"0%&!"&1,5'&#(-.,&
'0%#+&7%(#',(&',(&#4*(&#(/'&0(&-'&#('-'-*+&9(,)."'-%*'*(8&P.'*(&#(-1-(-(&0%"&U'5',&)1"*&.,?'"%F'*(3& /+F1*(&2%&'1F%*(3&".%&!6%&/.5&#%*%&?4"01,%-(3&2%&/.5&2*%&;4"+&-'&#(&?,'0&0(&(/.-16%(&'&'=1")&/.%"6'&2%&
;("*,1&#+&%5(0%'*&#(&)1"*&'@).,@%*(3&U'5',1-&-(&.,?'"%F('F+&;(&@'F'&7.,51-(%&*,(%5%#(8&a;(,'6%'& #."2*%%"6'&*'&2%&0'#+&5'%&5(,%6%&?,'01-&0(&)74"*&.@6%"1*&;4"+&'#158&!"&);'6%13&1"0(&"(&#1".'2*(53&(&
'#(')*'&)(&7'#(&);."*'"3&0(&-'&)%"(3&7+,+&"%#%&.&%"*(,/("6%(&)'1&7.,6+8&H(-1-(-(&0%"&U'5',&#.")*%*1%(& 12.,&0(&!"6(-()&%1@%,('&2%&'=1*.,1-&,(#%;,.#8&U(,?%3&7,'*(3&=.)3&)+&*(&/(0(5Z'*1"#%&#4"0&7%%"0&2%&".%&
;("*,1&K7(,'&0%/%"+&1"&7(-&0( &$,'"+ &)'1 &7'"+&5%0%"+9 &!"&7%"(3&9(,)."'-%*'*('&"(1*,+3&9(#*.,'-1-3&'& .'5("%&*,1;(2*%&2%&"(#1".)#16%3&#15&*(&;.,6%&#1&".%3&#4*&%1@(2*%&*1&;(&.53&#',(&(&?,'01-&5%-(%&*'-(8E
#$(5'*&2%&#$('5+&5(,(1&0%"&$'.)&5'*(,%(&"(1*,+&;(&#',(&.&.,?'"%F('F+&*.*&*,(%5%#8&I#(')*+&5'*(,%(& c(!"*,1;',('&()*(&1"&(L'5("&"(#()',&;("*,1&,%0%#',('&%"0%/%01-1%&);,(&);%,%*1'-%F',(8
"(1*,+&$,+"(2*(&2%&5+,(2*(&K7(,'&9(#*.,'-1-1%3&2%&!5@,'#+&#(-(&0.1+&(-(5("*(&#.")*%*1*%/(&'-(&'*.51-1%&
:&;,.*."1-&2%&(-(#*,."1-8
I*4*&#.,;1-&01$1-1%&15'"3&#4*&2%&#(-&'"?(-%#&)(&$,+"()#&#1&'#(')*+&5'"+&0%/%"+&0%"&R"7%"%*3&#',(&.& H.")*,1%,('&5%"(,'-(-.,3&/(?(*'-(-.,3&'"%5'-(-.,&2%&'&.51-1%
0'*+&%"*,'*+&!"&01$&)(&.,?'"%F('F+8
9,%"&'#*%/%*'*('3&;,%"&?4"0%,('&5('3&0%"&'#(')*+&#-%;+&'5&(-%5%"'*3&'-+*1,%&0(&?4"01,%-(&5(-(&
;,.;,%%3&2%&.&;',*(&%5;.,*'"*+&0%"&#.,;1-&5(18&H1&*.'*(&'#()*('&"1&)-+@()#3&"1&;%(,&"%#%.0'*+3&;("*,1& R" &?("(,'-3&01;+& /4,)*'&0(&.;*);,(F(#(& '"%&.51-& !"#(;(& )+&)(& .#1;(&0(&%0(%&;,'?5'*%#(3&0(&
#+&!"&5.5("*1-&#4"0&(-%5%"&'#(')*+&5'"+3&#',(&!").6(2*(&#1?(*',('&5('&2%&7.,5('F+&B#1/%"*(-(E& ;,.@-(5(-(Z;+54"*(2*%8&I;,.L%5'*%/&01;+&/4,)*'&0(&;'*,1F(#%&0(&'"%3&%',&'-6%%&#$%',&01;+&#%"#%F(#%3&
5(-(3&'@).,@&2%&')%5%-(F&'-*(-(&0(&'%#%3&0%"&'#(')*+&'*5.)7(,+Q&#1&'-*(&#1/%"*(3&0%"&);'6%18 .51-&!"#(;(&)+&)(&.#1;(&2%&0(&;,.@-(5(-(&)'1&%0(%-(&);%,%*1'-(8
C1$1,%-(&5',%&!"*,1;'*(&)1"*&;,(.#1;'*(&#$%',&0(&-'&/4,)*'&0(&.;*);,(F(#(&'"%&0(&;,.@-(5(-(&
);%,%*1'-(Q&#%*()#3&)(&%"*(,()('F+&0(&(F.*(,%)53&.#1-*%)53&5'?"(*%)53&,(-%?%(&(*#8
I#(')*+&;,(.#1;',(& *%5;1,%(&;("*,1&)1@%(#*(-(&0(&0%"#.-.&0(&/%'6'& *,1;(')#+&0(".*+& .&!"'-*+&
c(!"*,1;',('&()*(&1"&(L'5("&"(#()',&#.-(#*%/%*+6%% (/.-16%(8&J.%3&-15('&)1;(,%.',+3&!%&1,5+,%5&!"&(L%)*("6'&-.,&;(&'#(2*%&!"*,1;'6%&2%&!%&5("6%"(5&)1@&
7.#1-&)'#,1&'-&%0(%-.,&".')*,(&);%,%*1'-(8
!"&-15('&".')*,+3&#'&!"&'&/.')*,+3&%0(%-(&)1"*&0(&0.1+&7(-1,%A
C(&-'&.&/,(5(&#.")*'*+5&#+&2%&;+54"*("%%&'1&'=1")&)+&0%@1%')#+3&;(&%#%:#.-.3&0%"&#1".2*%"6(-(& <8'A)*,'#*(&:&"1&-(&;1*(5&(L;(,%5("*'3&;,%5%"01:-(&0(&)1)Q
01$1,%-.,8&S&7%,()#&)+&7%(&'2'3&;("*,1&#+&(/.-16%'&'#()*1%&?-.@&;(,5%*(&.51-1%&*,1;()#&)+&2*%(&#1&51-*& V8#2"#,(*(&:&'/(5&;.)%@%-%*'*('&)+&-(&;1"(5&!"&;,'#*%#+3&0(&(L(5;-1A&54"1%,('3&'"'-%F'3&)%"*(F'&2%&
5'%&51-*&0(#4*&'#15&V\8qqq&0(&'"%8 0%7(,%*(-(&#.5@%"+,%&'-(&7-1%0(-.,8
T"&'"15%*&/'-&0(&01$1,%&!"*,1;'*(&2%&0()*,1;'*(&/'&'*%"?(&;()*(&#4*(/'&/('#1,%3&!"&#%#-1-&;,(F("*3& H(('&#(&(&#."#,(*&-'&".%&;("*,1&/.%&(&'@)*,'#*8&J.%3&);%,%*(-(3&"(&/(0(53&)%56%5&2%&'1F%58&>*%6%&/.%&
';.?(1-&)+13&0%"&;1"#*&0(&/(0(,(&2*%%"6%7%#&2%&5.,'-8&H4"0&'#()*(&01$1,%&:&#(&;.;1-('F+&!"&0%7(,%*(& #(/'&0(&;,(F("6'&2%&#."/.,@%,%-(&".')*,(3&0(&#(-(&#(&7'#(5&!"&=1,1-&/.)*,1D&J1&2*%6%8&P.*1-&0(&-'&".%&(&
-.#1,%&)1;,'7'6'&;+54"*1-1%&2%&'*5.)7(,'&-1%&7-1%0%#+&:&/.,&*(,5%"'&#(%&V^:Xq8qqq&0(&'"%&0(&2#.'-+& #'&%"(L%)*("*&;("*,1&/.%8&o(".5("(-(&-15%%&".')*,(&)1"*&;("*,1&/.%&;,.@-(5(&'@)*,'#*(8
;-'"(*',+3&/.,Z(5%?,'&2%&!"&-.#1-&-.,&/.,&/("%&01$1,%&%"7(,%.',(3&0(&;(&.&'-*+&;-'"(*+8&I*1"#%3&/%'6'& !"&0(#1,)1-&/%(6%%&)'-(3&*,(;*'*3&01$1-&!"*,1;'*&)(&-15%"('F+&')1;,'&51-*.,&;,.@-(5(3&!"&71"#6%(&0(&
)%5;-+&2%&;,%5%*%/+&)(&/'&!")#+1"'&0%"&".1&;(&'#(')*+&;-'"(*+8 /(#$%5('&)'&2%&0(&5(0%1-&)+1&15'"3&%',&".';*('&#4"0&*,1;1-&)+1&0.',5(&:&!"&71"#6%(&0(&5(0%1-&#(,()#&
H1".)#4"0&(/.-16%'&#%#-%#+&2%&!"&);%,'-+&'&#%/%-%F'6%%-.,3&".%&'7%,5+5A&4(&'#()*&-82A&'1&7'%&;2)* & 1"0(&)(&)#'-0+8
718*(&#%0%8%M'.%%/&4,+A13%*(&,E"5&4(&,E"59 K+&#%*+5&1"&;')'=&0%"&p%@-%(A&BC15"(F(1&'&7+#1*&;(&.5&0%"&6+,4"+E8&I2'&!"/'6+&.51-&#',(&"1&
S/.-16%'&01$1-1%&)(&*,'01#(&;,%"*,:.&/.%"6+&04,F+&0(&'&!"'%"*'&;,%"&!"/+6',(8&9("*,1&#+&C%/%"%*'*('& *,(@1%(&)+&2*%(&5'%&51-*8&a51-&)%5;-1&,40(&0(&'#()*(&#1".2*%"6(3&#+#%&'"'*.5%'3&@%.-.?%'3&?(.-.?%'&!%&
"1&;.'*(&#."01#(&;(&7%(#',(&01$&!"&;',*(3&):'1&#.")*%*1%*&-,14+,%/&#28(#*%0%*+.%&)'1&4',*%5(/&0(&-'&#(-(& ','*+&'-*7(-3&!"*,1;'*1-&'7-'*&!"&-(?+*1,+&#1&".%3&#1".'2*(&'0(/+,1-&,(7(,%*.,&-'&#,(',('&*,1;1-1%&15'"3&
5'%&5%#%3&;4"+&-'&#(-(&5'%&5',%8 7(".5("&;(*,(#1*&2%&'#15&!"&'-*(&;+,6%&'-(&1"%/(,)1-1%3&;(&'-*(&;-'"(*(8
H.-(#*%/%*'*('&'01#(&01;+&)%"(&7(,%#%,(3&%',&%"0%/%01'-%)51-&:&"(7(,%#%,(8 S/.-16%'&".')*,+&);,(&C%/%"%*'*(&#(,(&)+&#(,#(*+5&2%&)*10%(5&5(,(18&!"&-15('&".')*,+&"1&(&#'&!"&'&
o+#4"0&;',*(&0%"*,:.&?,1;',(&)'1&').#%'6%(&01$1'-+3&7%(#',(&%"0%/%0&#.")*%*1%(&.&#(-1-+&'&'#(-1% /.')*,+3&#'&)+&#,(0(5&7+,+&)+&#(,#(*+5&#(('&#(&'1F%58&J.%&*,(@1%(&)+&(L;(,%5("*+5&#(-(&'7-'*(8
?,1;8&N,1;1-&()*(&%"*(,()'*&#'&%"0%/%01-&)+&;,.?,()(F(8&C(&'#(('&!-&)1;,'/(?$('F+&2%:<&'=1*+&;(&#4* P'*+-&5(1&#(,()#&0(&'%#%3&N1/(,"'*.,1-&;-'"(*(%&".')*,(3&"(&);1"(A&BP1&#1".2*%&*.*&#(&'%&/+F1*3&
!%&()*(&;.)%@%-8 3E&B '1F%*3&)%56%*&;4"+&'#153&,+54"(&#'&;,%"&;,.@'&(L;(,%("6(%&*'-(&)+&;+)*,(F%&;(&/(#%&#(('&#(&'%&!"/+6'*E8
a&0'*+&#(&01$1-&):'&').#%'*&1"1%&?,1;3&#."01#+*.,%%&-1%3&0',&5'%&'-()&02L42418%/&#',(&,(;,(F%"*+& G15%"%-(&".')*,(3&5'%:5',%%&".2*,%3&"(&);1"A&B!"'%"*(&0(&'&7%&7.)*&#,('*&;,%51-&.5&:&"1&#'&'-&
51-6%5('3&)*'1&#1&.#$%%&;(&01$3&)+&/'0+&#15&',(&)+:2%&01#+&/%'6'&*,1;(')#+&:&.&;,.@+&'&/.%"6(%&2%&*+,%(%& /.)*,13&#%&51-*&5'%&;,%5%*%/&:&'1&(L%)*'*&;(&9+54"*&'"15%*(&("*%*+6%&#',(&'1&;-(#'*3&"(5'%;1*4"0&
#."2*%%"6(%&)'-(8&C'#+&01$1-&',(&1"&?,'0&5'%&!"'-*&!"&;',*%03&()*(&1,5+,%*&#1&.&'*("6%(&0(.)(@%*+3& (/.-1'&'%#%3&"(5'%?+)%"0&'%#%&#."0%6%%&0(&(/.-16%(E8
/+F4"01:)(&0'#+&5'%&5(,%*+&*,(';*'&)'1&;.F%6%'&.#1;'*+&!"&?,1;1-&-.,8 !"&U'5',&)(&7'#(&#.,;1-&);%,%*1'-&;(,7(#*3&8'%0.5'&#1&*,1;1-&0%/%"1-1%&P'*+8&C1;+&#(&#.,;1-&
9.F%6%'&1"1%&01$:!"&)4"1-&;',*%01-1%&"1&01,('F+&-'&%"7%"%*8&S'&)(&;.'*(&;%(,0(3&;,%"&#+0(,('&-'& );%,%*1'-&'&7.)*&7+#1*&;(,7(#*3&,+54"(&)+&%&)(&7'#+&'%#%3&;(&;+54"*3&2%&*,1;1-&;+54"*()#8&C',&#4*&*%5;&)(&
(L'5("1-&!"*,1;+,%%8&C1$1-&#+F1*&-'&1"&(L'5("3&"1&()*(&!"#+&,(*,.?,'0'*3&#%&()*(&)1;1)&-'&.&!"*,1;',(& #(,(&;4"+&)(&7'#(&.&7%%"6+&/%(&:&.51-&*,1;()#M&SL%)*+&;-'"(*(&,%)%;%*(&!"&1"%/(,)1-&".)*,1&1"0(&'#15&)(&
2%&5'%&?,('8&C1;+&#4*(/'&,(!"*,1;+,%&"(7(,%#%*(&2%&"(7%"'-%F'*(&#1&)1##()3&;.F%6%'&)'&(&;%(,01*+8 7'#(&;("*,1&;,%5'&.',+&1"&*,1;&0(&.5Q&%&)(&7'#&5'%&!"*4%3&0%"&7-1%01-&'#(-(%&;-'"(*(3&#.,;1-&/%*'-3&2%&
!"*,1;+,%-( & '1 & !" & /(0(,( & 5'% & '-() & (/.-16%' & 5.,'-+8 & J1 & )( & 7'# & ,(!"*,1;+,% & ;("*,1 & '/'")',('& ';.%&:&#1&;+54"*1-3&#1&5%"(,'-(-(&'#(-(%&;-'"(*(&:&%&)(&7'#(&2%&*,1;1-8
%"*(-(#*1'-+8&H4"0&(&/.,@'&0(&'01"'*&#1".2*%"6(3&(-(&)(&;.*&.@6%"(&5'%&@.?'*&2%&5'%&#-',&!"&);'6%18
WX\ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"&?(,
WXT

c(12%"0&)+&7'#+&.&')(5("('&#.")*,1#6%(&15'"+3&.,%#4*&0(&;.#%*+&',&7%3&!"?(,1-&()*(&;(&0(;-%"& 7.,5+&%"#.,(#*+&"1&;.'*(&(/.-1'3&#(,#(*4"0&0(7(#*(-(&7.,5(%3&#'1*+&)+&7'#+&.&'-*+&7.,5+&!"&#',(&
7(,%#%*&#4"0&/(0(&#+&01;+&#(&'&%"*,.01)&);%,%*1-&15'"&!"&'#('&7.,5+3&('&!"#(;(&)+&)(&5%2*(3&)+&*,+%')#+3& );%,%*1-&#.,();1"F+*.,&)+&)(&)%5*+&5'%&@%"(&2%&)+&;.'*+&;,.?,()'8
)+&!"6(-('?+3&;("*,1&#+&'#(')*+&#.")*,1#6%(&()*(&.&.;(,+&?,'"0%.')+8&94"+&'&'=1")&)+&7'#+&'#()*&*,1;&0(& o%(#',(&5%"(,'-3&7%(#',(&(-(5("*&#$%5%#&'&'/1*&1"&'"15%*&'1*.,8&SL%)*+&)(,%%&0(&!"?(,%&#,('*.,%&0(&
.53&!"?(,1-1%&%:'1&*,(@1%*&5%-%',0(&0(&'"%3&!"/+64"0&)+&7'#+&5'%&!"*4%&.&7.,5+&0(&;-'"*+3&';.%&;()*(& 5%"(,'-(8&o%(#',(&7(-&0(&;-'"*+&()*(&7+#1*+&0(&.&'-*+&*,(';*+&0(&!"?(,&#,('*.,&0(&;-'"*(8&o.,5(-(&0(&
'-*(&5%-%.'"(&0(&'"%&:&1"&*%;',&)'1&*,1;&0(&'"%5'-&2%3&!"&7%"(&:&*,1;1-&15'"8 ;-'"*(&"1&)1"*&"%#%&(-(&7+#1*(&0(&'#(-'2%&!"?(,&#.")*,1#*.,3&#%&,4"0&;(&,4"03&0(&!"?(,%&0%"&#(&!"&#(&5'%&
C',y%"&'&#,(F1*&#+&.51-&)(&*,'?(&0%"&5'%516+8&S-&'&!"*,(/+F1*'F(,.&(0281.%(%/&0',&":'&#1".)#1*& !"0(54"'*%#%3&5'%&2*%1*.,%8&I#(-'2%&-1#,1&(&/'-'@%-&2%&#1&)(,%'&0(&'"%5'-(8
'0(/+,1-8&I0(/+,1-&()*(&#+&.51-&'&7.)*&#.")*,1%*&0(&!"?(,%&)1;(,%.,%3&!"?(,%&#.")*,1#*.,%3&-'&7(-&#'&;(& H4"0&;(&.&;-'"(*+&):'&*(,5%"'*&*.'*+&?'5'&0(&5%"(,'-(3&!"?(,%%&#.")*,1#*.,%&0(&5%"(,'-(&;+,+)()#&
;-'"(*(-(&1"0(&'#15&)(&!")#+1"('F+&;("*,1&;,%5'&.',+&;,%5%%&.'5("%8&G15('&'"?(-%#+&'&#.")*,1%*& ;-'"(*'&,();(#*%/+8&C(&')(5("('3&#4"0&;(&.&;-'"(*+&):'&*(,5%"'*&*.'*+&)(,%'&0(&;-'"*(&2%&'-*(-(&"1&)(&
*,1;1-3&1"0(&!2%&/'&7'#(&2#.'-'&);%,%*1-&15'"8&I#(')*+&7%%"6+&15'"+&/'&(/.-1'&;(&0%7(,%*(&?-.@1,%3&!"& 5'%&;.*&7'#(3&!"?(,%%&#.")*,1#*.,%&0(&;-'"*(&;+,+)()#&2%&(%&'#('&;-'"(*+3&;("*,1&'&)(&01#(&'%1,('3&1"0(&
0%7(,%*( & )%)*(5(3 & 2% & 01$1- & )+1 & /' & 1,#' & *,(';*+ & #1 & *,(';*+ & ?,'01- & 0( & .53 & )1;,'.53 & !"?(,3 & o%1 & 0(& '1&;.)%@%-%*'*('&0(&'&#.")*,1%&;-'"*(&)1;(,%.',(8&G'&7(-&;,.#(0('F+3&,4"0&;(&,4"03&!"?(,%%&#.")*,1#*.,%&
C15"(F(1&2%&'2'&5'%&0(;',*(8&['&1,#'&?,'0(3&0',&(-&*.*&.5&/'&,+54"(8&o%1-&0(&C15"(F(1&()*(&*.*& 0(&'"%5'-(&2%&.'5("%8
.53&"1&()*(&C15"(F(1&!"&;(,).'"+3&#%&()*(&1"&.5&0%/%"%F'*&)'1&!"015"(F(%*8 H(('&#(&)(&;(*,(#(&#1&!"?(,%%&)(&;(*,(#(&2%&#1&01$1,%-(8&J(5'%'/4"0&7.,5(&5'%&(/.-1'*(&!"&#',(&
SL%)*+&;-'"(*(&1"0(&#$%',&'#15&!"?(,%%&#.")*,1%()#&0%"&5'*(,%'&(%&7-1%0%#+&7(-&0(&7(-&0(&5%"(,'-(8& )+:2%&7'#+&2#.'-'&;-'"(*',+3&01$1,%-(&;.,"()#&;(&'-*(&5(-('?1,%3&%',&;-'"(*'&,+54"4"0&7+,+&01$1,%3&
I#(-(&;-'"(*(&)1"*&!"&;,%5'&-.,&7'F+&0(&).-%0%7%#',(3&%',&!"?(,%%&#.")*,1#*.,%&0(&'#.-.&)1"*&#(%&5'%&0(& 0%);',&2%&7.,5(-(8&I)*7(-&;-'"(*'&;+,+)%*+&)(&,(01#(&-'&7'F'&;,%5+3&#4"0&(,'&-%;)%*+&0(&/(?(*'6%(3&/%'6+&
=.)&0%"&)(,%'&#.")*,1#*.,%-.,&0(&7.,5(&0(&/%'6+8&9(&'-*(&;-'"(*(3&'7-'*(&;(&.&*,(';*+&)1;(,%.',+3&!"?(,%%& '"%5'-+& 2%& 7.,5(&15'"(3& ,+54"4"0&"15'%& 01$1,%-(&5%"(,'-(8& G'&.&/,(5(3 &;-'"(*'&!2%& /'&;%(,0(&
#.")*,1#*.,%&!"#(;&#.")*,1%,('&)(,%%-.,&0(&7.,5(&/(?(*'-(8&R"&7%"(3&(L%)*+&;-'"(*(&1"0(3&;("*,1&;,%5'& 5'?"(*%)51-3&2%&0%"&'#(-&5.5("*&5%"(,'-(-(&)(&/.,&0(F.,?'"%F'3&);%,%*(-(&5%"(,'-(3&7.,/%);%%-(&7%%"0&
.',+3&)(&#.")*,1%()#&7.,5(&'"%5'-(8&I&7'#(&.&7.,5+&!"&#',(&)+&)+-+2-1%')#+&1"&);%,%*&'"%5'-&(&.&.;(,+& ;1)(&2%&(-(&!"&-%@(,*'*(8&o.)*'&;-'"(*+&)(&/'&*,'")7.,5'&!"*,:.&;1-@(,(3&0%"&#',(&.&;',*(&/'&7%&'*,')+&0(&
5'%&?,('3&5'%&#.5;-(L+&0(#4*&'&7'#(&.&7.,5+&0(&;-'"*+8&I#()*(&7.,5(&'"%5'-(&"1&;.*&7%&7+#1*(&0(#4*& '-6%&).,%3&%',&.&'-*+&;',*(&)(&/'&7-1%0%F'&2%&!"*.',#(&-'&H("*,13&0(&1"0(&'&;.,"%*&#4"0/'8
0(&!"?(,%&)'/'"6%3&5'(2*,%&!"&;,(?+*%,('&0%"&5'*(,%'&'#(-(%&;-'"(*(&'&6()1*1,%-.,3&';','*(-., &*,1;1-1%& J(@1-.')+&'&/("%*&0%"&K7(,'&0%/%"+3&2%&"(@1-.')+&)(&!"*.',#(8&S'&'&*,(#1*&;,%"*,:.&)(,%(&"()74,2%*+&
'"%5'-8&!"&7%"(3&(L%)*+&;-'"(*(&1"0(&.&#'*(?.,%(&2%&5'%&!"'-*+&0(&!"?(,%&#.")*,1#*.,%&#,(('F+ 0(&7'F(3&#',(&'1&#.")*%*1%*&*.*&'*4*('&2#.-%&;("*,1&*.'*+&?'5'&0(&01$1,%A&5%"(,'-(3&/(?(*'-(3&'"%5'-(3&
7.,5(&*,1;(2*%&0(&.58 15'"(&2%&'"?(-%#(3&0(&*.'*(&7(-1,%-(8&H1&#4*&).',(-(&2%&;-'"(*(-(&0(,%/'*(&0%"&('&!5@+*,4"()#3&#1&'*4*&
!"&'7',+&0(&'#()*(&;'*,1&*,(;*(&0(&#,('6%%&'"?(-%#(&:&5%"(,'-(3&/(?(*'-(3&'"%5'-(&2%&15'"(&:(L%)*+& 0(/%"&.&2#.'-+&0(&.&*,(';*+&%"7(,%.',+8
;-'"(*(&)1;(,%.',(&1"0(&.51-&()*(&!"*,:'*4*&0(&;(,7(#*'*3&!"#4*&(-&/(0(3&)%5*(3&'10(&!"?(,%%&0%"&);'6%13& C1$1-&(/.-1('F+3&1,#+&0%"&#(&!"&#(&5'%&)1)3&%',&5'*(,%'&;-'"(*(%&1"0(&'&/%(61%*&0(/%"(3&0(&-'&.&
0%"&'*5.)7(,'&7-1%0%#+&#(&!"#."=.',+&;-'"(*'&,();(#*%/+8&S-&()*(&1"&!"?(,&!"*,1;'*3&#',(&)*+&0(&/.,@+&#1& /,(5(3&*.*&5'%&"(;,%(-"%#+&)*'0%1-1%&'=1")&0(&);%,%*(-(&#(&.&;.;1-('F+8&C1$1-&'/'")('F+3&5'*(,%'&)(&
!"?(,1-&0()*,1;'*8&o.,5'&2%&5'*(,%'&*,1;1-1%&)+1&)1"*&#1&51-*&5'%&(/.-1'*(3&5'%&7%"(3&0(#4*&#(-(& ,(*,.?,'0('F+3&%',&;-'"(*'&:&*(,5%"4"01:2%&5%)%1"('&)'&0(&2#.'-+&:&)(&/'&0%F.-/'3&!"*.,#4"01:)(&-'&
!"*4-"%*(&;(&;+54"*1-&".)*,18 H("*,1-&#,('*.,8
P.'*( & )%)*(5(-( & ).-',(3 & *.'*( & ;-'"(*(-( & )'-( & *,(# & ;,%" & 1,5+*.',(-( & 7'F(8 & J(@1-.')' & ;,%5%*%/+3&
5',('& "(@1-.')+& )(&/'&0%/%0(3&,4"0& ;(&,4"03&;("*,1&'&0'& "'2*(,(&-'&"(@1-.')(& 5'%&5%#%3& -'&).,%&
5+,1"6%8&U'*(,%'&7-1%0%#+&*,(#(&!"&)*',(&).-%0+3&;,%"&.;(,'&0(&;,(-1#,',(&'&!"?(,%-.,&#.")*,1#*.,%&0(&
5%"(,'-(8&H4"0&.;(,'&-.,&'&7.)*&*(,5%"'*+3&%"*,+&!"&'#6%1"(&'&0.1'&)(,%(&0(&!"?(,%3&#',(&2*%1&)+&7'#+&
H,('6%'&H("*,1-1%
*,1;1,%&0(&;-'"*(8&9-'"(*'&'/'")('F+3&2%&#1&('&:&!"*,(?1-&)%)*(58&T,5('F+&#'&!"?(,%%&#1".)#+*.,%&!"&
#.")*,1%,('&7.,5(-.,&'"%5'-(3&)+&7'#+&!"*,(?1-&,(?"&'"%5'-3&*%5;&0(&)1*(&0(&5%-%.'"(&0(&'"%8&R"&7%"(3& R"*,:.&'-*+&;,(-(?(,(3&'5&);1)&#+&K7(,':P'*',&)(&0%-'*+&2%&)(&'*%"?(3&0%"&-.#&!"&-.#3&0(&7'6'&%"*(,"+&'&
#4"0&*%5;1-&'&).)%*3&!2%&!"#(;&.;(,'&!"?(,%%&#.")*,1#*.,%&0(&*,1;1,%&15'"(Q&@%"(!"6(-()3&"1&#'&'-(& K7(,(%:U'5',8 & K7(,':P'*', & 7'#( & !" & '#()*( & ;1"#*( & 0( & #."*'#* & ;,.*1@(,'"*( & ;( & )1;,'7'6' & )' & 2%3&
/.')*,(&0(&'#153&#%&#1&51-*&5'%&;,%5%*%/(8 #.,();1"F+*.,&-.,3&)(&#,(('F+&'04"#%*1,%&;(&)1;,'7'6'&%"*(,"+&'&K7(,(%:U'5',8&I#(')*+&0%);.F%6%(&7%%"0&
P.'*(&'1&;.,"%*&0(&-'&(*(,1-&;,./("%*&0%"&7-1%0(-(&;-(#'*(&0(&-'&P'*+-8&U'*(,%'&;,(?+*%*+&0(&P'*+-& !"0(;-%"%*+3&0%"&0,(;*1-&;,.*1@(,'"*(-.,&K7(,(%:P'*',&)1"*&',1"#'*(&)#4"*(%3&'@).,@%*(&0(&U'5',8
;-('#+&!"*,:1"1%&0%"&1"%/(,)1,%&2%&!"?(,%%&.&;,(-1#,('F+3&7+#4"0&0%"&('&*.'*+&?'5'&0(&/%(61%*.',( H4"0&*,(#(&0%"&P+*',&!"&K7(,':U'5',3&)#4"*(%'&!5@,'#+&5'*(,%'&"(1*,+&'&c();%,'*.,1-1%8&9,%"&
!"*,1;'*(8 '#()*&7';*&)#4"*(%'3&;',*(&0%"&C15"(F(13&#1&*.'*(&#'-%*+6%-(&2%&;1*(,%-(&P'*+-1%3&0(/%"(&.&%"0%/%01'-%*'*(3&
!"?(,%%&'1&'7-'*&2*%%"6'&#.")*,1#6%%-.,& 0(&*.*&7(-1-&0(&-'&P'*+-8&S-&2*%(&)+&7'#+&.,%#(&-1#,',(& 0(& 1"&C15"(F(1&!"&5%"%'*1,+8&R(2%"0&0%"&K7(,':P'*',3&;',*%#1-'&0(/%"(&.&("*%*'*(&)(;','*+&0(&P'*+-8
;,(*1*%"0("%3&!"&#(-(&;'*,1&1"%/(,)1,%&'-(&K'-(8&P'*+-&'&#,('*&.0'*+&!"&/(2"%#%'&#(&'&*,(#1*3&'#15&S-&"1& !"&K7(,':P'*',&)#4"*(%'&(,'&.&#(-1-+&'&P'*+-1%8&C(&!"0'*+&#(&'&%(2%*&0%"&H.-(#*%/%*'*(':C15"(F(1&2%&
5'%&7'#(&"%5%#3&#.")*,1%"0&*.*1-&"15'%&;,%"&H.;%%%&K+%&5'=.,%8 ):'&!5@,+#'*&#1&$'%"'&)1@)*'"6(%&0%"&c();%,'*.,3&)#4"*(%'&'&0(/("%*&1"&#'"0%0'*&0(&01$8&I=1")+&!"&
P.*&#(&(L%)*+&;(&9+54"*&'&/("%*&0(&-'&P'*+-8&H(-&#(&(L'5%"('F+&;(&.53&(L'5%"('F+&;(&P'*+-3&#',(& U'5',3&)#4"*(%'&()*(&!5@,+#'*+&#1&5'*(,%'&5'5',+&2%3&!"&'#(-'2%&*%5;3&()*(&0(5(5.,%F'*+8
"1&',(&7.,5'&0(&.53&0',&',(&*.*&#(&(L%)-+&!"&.58&P.*&#(&(&!"*,:.&,45+&)(&'7-+&!"&P'*+-8&c45'&()*(&.& K7(,'&0%/%"+3&0("15%*+&2%&C15"(F(13&()*(&#.5;1)+&h&01;+&#15&'5&5'%&);1)&:&0%"&*,(%&#.,;1,%&
;',*(&0%"&P'*+-3&0',&"1&()*(&-'&7(-&#1&7'*'-&;,%"&7.,5'&)'8&c45'&(&.&/%#%'*(&'&;+54"*1-1%3&.&7.,5+& )7(,%#(3 & #',( & )( & !"/(-()# & 1"(-( & ;(& '-*(-(3 & 7%(#',( & 7%%"0 & 7.,5'*+ & 0%"*,:. & '"15%*+ & 5'*(,%(A &7'*(,%' &
%5;(,7(#*+&!"#+3&7+#1*+&0(&.&'"15%*+&#'*(?.,%(&0(&!"?(,%&:&7(,%#%6%&#4"0&'1&,(12%*&)+&.&7'#+3&)+&.&/'0+& *+*',181%/&7'*(,%'&,()4%,'*2,181%&2%&7'*(,%'&7'7',181%9&&&&&3
*,+%"0&2%&,(;,.01#4"01:)(8 !"&'")'5@-1-&(%3&K7(,'&0%/%"+&)(&#.5;.,*+&#'&.&7%%"6+&)1;,'(*(,%#+3&7.,5'*+&0%"&0.1+&;+,6%A&1"'&
;(#1"5'*2',(&:&;.F%*%/+&2%&5')#1-%"+Q&2%&'-*'&;(#1"5'*+&:&7(5%"%"+&2%&"(?'*%/+8&I0%#+&'#(')*+&o%%"6+
K;%,%*1-&0(&.,%#(&?,'0&/%"(&0%"&P'*+-8&U'*(,%'&#',(&/'&)(,/%&0(&;4,?$%(&)'1&7.,5+&);%,%*1-1%&'&7.)*& : 1,%'2+ & #' & 0%5(")%1"(3 & 5'% & 5',( & 0(#4* & .,%#',( & 0%" & #(-( & ;'*,1 & 1"%/(,)1,% & : & )( & '1*. & 7(#1"0('F+3
*,%5%)+&0%"&U'5',8&C%"&U'5',&;-('#+&7-1%01-3&0%"&P+*',&;-('#+&)#4"*(%'&)'1&)1;(,7-1%01-8&U'*(,%'& #.,();1"F4"0&0%"&'#()*&;1"#*&0(&/(0(,(&1"(%&7%%"6(&$(,5'7,.0%*(&0(&;(&;+54"*8&K7(,':P'*',&7(#1"0('F+
*,(@1%(&)+&(/.-1(F(3&0',&)%"?1,+&"1&()*(&#';'@%-+8&C1$1-&*,(@1%(&)+&(/.-1(F(3&0',&"%#%&(-&"1&;.'*(&)+& K7(,':U'5',3&%',&01;+&5%%&2%&5%%&0(&'"%&;(*,(#16%&!"&K7(,':U'5',3&)#4"*(%-(&;,%5%*(&2%&;,(;','*(&0(
)*('&;,%"&0%7(,%*(-(&;-'"(*(3&)%)*(5(&)'1&1"%/(,)1,%&7+,+&!"/(-%*.,%&5'*(,%'-(3&7+,+&5'*(,%(8&T"1-&'=1*+& o%%%&0%/%"%&)1"*&*,%5%)(&!"&1"1-&0%"&#(-(&;'*,1&1"%/(,)1,%8
-'&(/.-16%'&#(-1%-'-*8 I#()*(&#(-1-(&0%/%"(3&'#()*(&)#4"*(%:015"(F(%3&"1&'1&"15(3&;("*,1&#+&)1"*&5%-%',0(&"()74,2%*(8&K+&
a51-&()*(&1-*%5'&*,(';*+&0(&;(,7(#6%1"(&'&7.,5(%&'"%5'-(8&P,(;*'*3&0(/("%"0&*.*&5'%&';,.;%'*&0(& -1+5 & 1" & (L(5;-13 & ;("*,1 & ' & 7'#( & !"6(-() & '#()* & '"."%5'*8 & c(?(-( & /.)*,1 & ;,%/(2*( & ;.;.,1-8 & S- & "1&
;(,7(#*3&01$1-&;+,+)(2*(&?,'01-&15'"3&;("*,1&'&)(&1,#'&;(&*,(';*'&)'1&-'&,'"?1-&0(&!"?(,8&H(&51-*&"(& #1".'2*(&"15(-(&7%(#+,1%&#(*+6('"&!"&;',*(8&S-&!"6(-(?(&2%&/(0(&!"&7'6'&)'&.&#.-(#*%/%*'*(&0(&%"0%/%F%A&
5'%&*,(@1%(&".1+3&.'5("%%&9+54"*1-1%&0%"&7'F'&'#*1'-+3&;4"+&)+&0(/("%5&.'5("%&;(,7(#6%M&C',&#(& ;.;.,1-& ,.54"8&9.;.,1-&()*(&1"& *(,5("3& 7+,+&'&);1"(& 1"&"15(&;,.;,%1& 0(& %"0%/%08&G'&7(-& 2%&#1&
-1"?+&()*(&#'-('&;4"+&)+&0(/("%5&!"?(,%M 01$1,%-(8&S-(&)1"*&')(5("('&"%)%;1-1%&.#('"(-.,3&7+,+&"15+,8&J1&'1&"15(3&0',&)(&0%)*%"?&!"*,(&(-(&
!"?(,%%&-1#,('F+&5(,(1&')1;,'&7.,5(%&/.')*,(3&;("*,1&'&/+&0()+/4,2%8&!"&/(0(,('&'#()*(%&;(,7(#6%1"%3& 01;+&#1-.',('&-.,8
!"?(,%%&!5@1"+*+6()#&#."0%6%%-(&0(&(L%)*("6+&'-(&;-'"(*(%A&'(,1-3&';'3&;+54"*1-3&5(0%1-&!"#."=1,+*.,3& H1-.',('&1"1%&01$&()*(&!"&-(?+*1,+&#1&(/.-16%'&)'8&I)*7(-3&01$1,%-(&9+54"*1-1%&:&):'&5'%&);1)
;("*,1&#'&.;(,'&0(&5.0%7%#',(&')1;,'&*,1;1-1%&)+&-(&7%(&5'%&12.',+8 : )(&!5;',*&!"&*,(%&#'*(?.,%%&5',%A&,.2%%3&'-@')*,(&2%&'-@(8&!"?(,%%&9+54"*1-1%&'1&#1-.',('&'-@+&'1,%(3
J1&*.*&#(&#.")*,1%()#&!"?(,%%3&!"&0(#1,)1-&)1*(-.,&0(&5%-%.'"(&0(&'"%3&()*(&;(,7(#*8&H4*(&0%@1%,%3&
#4*(&%5;(,7(#6%1"%3&#4*(&?,(2(-%&'1&7+#1*&2%&(%M&C',&.@)(,/4"0&#+&1"&);%,%*&)%-%*&)+&)(&!"*,1;(F(&!"*,:.
WY_ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"&?(,

%',&)7%"*(-(&01$1,%&'13&;(&-4"?+&#1-.',('&!"?(,%-.,3&'"15%*(&0(#.,+,%&)'1&)(5"(3&#',(&-(&%"0%#+&,'"?1-& S/.-16%'&)(&7'#(&%"0%/%01'-3&0',&2%&!"&#.-(#*%/
!"&#('*'&!"?(,%-.,8&SL%)*+&;-'"(*(&1"0(&01$1,%-(:.'5("%&'1&#1-.,%&/(,F%3&'-@')*,(3&/%.-'#((&(*#8&S"*%*+6%-(&
0(&;(&7%(#',(&;-'"(*+&)'1&).',(&'1&#1-.,%-(&-.,&2%&)(5"(-(&';-%#'*(&;(&#1-.,%-(&-.,3&%"0%#4"0&*.*&'*4*('&
*,(;*(3&#$%',&!"&)4"1-&'#(-(%'2%&#'*(?.,%%&0(&);%,%*(8 [(,@1-&()*(&U4"*1%*.,1-&".)*,13&K*+;4"1-&).)%*&!"&'#()*&;1"#*&'-&1"%/(,)1-1%&#1&"(@1-.')'&K'&
J1&;.6%&0'&1"&"15(&1"1%&01$3&#%&2*%%&#+&()*(&0%"*,:.&'"15%*+&#'*(?.,%(8&H4"0&;,%/(2*%&.&#('*+&0(& ;,%5%*+&!"&U'5',3&;("*,1&'&.&;,(-1#,'&2%&;(,7(#6%."'8&J(@1-.')'&%:'&7.)*&0'*+&);,(&'&)(,/%&2%&;,.;,%(%&
/,+@%%3&2*%%&#+&)1"*&/,+@%%3&0',&#15&)+&-(&);1%&;(&"15(&-'&7%(#',(D&J1&-%&)(&;.'*(&0'&0(#4*&"15(-(& K'-(&;(,7(#6%."+,%8&U'*(,%'&9+54"*1-1%3&0();,%")+&0(&5%-%',0(&0(&'"%&0%"&"(@1-.')'&).-',+3&()*(&'&G1%8&
?,1;1-1%&0%"&#',(&7'#&;',*(8&x.)3&-'&)1;,'7'6'&;+54"*1-1%3&7%(#+,1%&01$&!"*,1;'*&%&)(&0+&1"&"15(8&R"& H4"0&"(&!"*,1;+53&"(&7'#(5&1"'&#1&h(,A18/&0(.',(#(&*,1;1-&!"&#',(&"(&'71"0+5&()*(&5'*(,%'&#."01)+&
);'*%%-(&%"7%"%*(&"1&5'%&()*(&;.)%@%-&)+&)(&0('&7%(#+,1%&01$&1"&"15(3&#%&#(-&51-*&"15(-(&?,1;1-1%& 0(& S-3& 0(& 5%-%',0(& 0(& '"%8& U'*(,%'&(& ;1)+ &!"& )-1=@' & G1%3& 0',&2%& ;("*,1& (/.-16%'& ".')*,+8&S-& ()*(&
.5.?(" & 7.,5'* & 0( & '#(-( & 01$1,%A & !"?(,%3 & ',$'"?$(-%3 & )(,'7%5%3 & .7'"%5% & (*#8 & 9,%" & 1,5',(3 & c'7'(-3& U4"*1%*.,1-&".)*,13&!"&5'*(,%'&K'&"(&!"*,1;+5&#'&)+&7'#(5&2#.'-+8
U%$'(-3&N'@,%(-&(*#8&"1&()*(&"15(-(&1"(%&("*%*+6%3&#%&"15(-(&?,'01-1%&1"(%&)(,%%&0(&!"?(,%8 R'*+&!"6(-()1-&#1/%"*(-.,&C.5"1-1%A&i:1'.%/&7E"#'.%&5%"&'#(')*+&4E%"(&a&'#()*'&()*(&*,1418&J(1] &
P'*+-&"1&)(&5'%&.#1;+&0(&(/("%5("*(-(&#(&)(&/.,&;(*,(#(&!"*,:1"&)%)*(5&).-',&.',(#',(8&S-&0+& 81'.%/&A(.%&5%"&'#()*&0%"&6&'#()*'&()*(&)E"-(8(&J(1&k9&!"*,:'0(/+,3&(-(&'1&0(,%/'*&0%"&5'*(,%'&9+54"*1-1%3&
0(-(?'6%(&N1/(,"'*.,%-.,&).-',%&2%&;-'"(*',%&#'&!"&"15(-(&K+1&2%&01;+&-(?%-(&K'-(3&)+&#."01#+&(/.-16%'& )1"*&01$1,%&#(&7'#&;',*(&0%"&5'*(,%'&;1)+&)1@&#."01#(,('&G1%8
'#(-1%&)%)*(5&;-'"(*',8 9,%"&-%@(,1-&".)*,1&',@%*,1&'5&'-()&'#()*&)%)*(5&).-',8&K.)%6%&'%#%&0%"*,:1"&'-*&)%)*(5&).-',3&"%&):'&
[("%"0&!"*,:1"'&0%"& )7(,(-(&#,('*(3& ;("*,1&'&!"0(;-%"%&.;(,'& -'&#',(&'1&7.)* &*,%5%)(3&01$1,%-(& %"0%#'*&;-'"(*'&1"0(&)+&"(&!"*,1;+53&#'&7%%"0&#('&5'%&;.*,%/%*+&?,'01-1%&".)*,1&(/.-1*%/8
)1;(,%.',(&)1"*&)%-%*(&)+&)(&').#%(F(&#4*(&*,(%&-'&1"&-.#3&;("*,1&'&7.,5'&.&7.,6+&*,(%5%#+8 9(&@28',&"%&):'1&0'*&*.'*(&%"0%#'6%%-(8&I5&F%)&K.-',3&2%&"1&).',(3&;("*,1&#+&1"'&(&).',(-(3&2%&'-*'&(&
P,(%&("*%*+6%&#."01#&;(&7%(#',(&0%"&5%-%',0(-(&0(&).,%8&P,(%&("*%*+6%&#."01#&5%%-(&0(&5%-%',0(&0(& K.-',1-8&K.',(-(&()*(&')*,1-&/%F%@%-&.#$%-.,&/.2*,%3&%',&K.-',1-&()*(&?-.@1-&7-1%0%#3&1"0(&*,."('F+&h(,A18&
;-'"(*(&0(&;,(*1*%"0("%8&[(2"%#3&.&*,%"%*'*(&#."01#(&*.*1-8&I#(')*+&*,%"%*'*(&()*(&!"#."=1,'*+&0(&1"& )28',/&N1/(,"'*.,1-&'#()*1%&)%)*(5&;-'"(*',8&K.-',1-3&7%%"0&7-1%0%#3&()*(&%"/%F%@%-&;("*,1&/.%8
#2,52"&;81%5%#/&#',(3&/%,*1'-3&-(&.@-%?+&)+&-1#,(F(&*.*0('1"'&!5;,(1"+3&04"0&.&)%"?1,+&0%,(#*%/+8 9(&9+54"*&"(&7'#(5&(/.-16%'&);%,%*1'-+&2%&5'*(,%'-+3&#'&);%,%*&-%@(,&2%&!"*,1;'*8&9+54"*1-&()*(&
;("*,1&".%&1"&-'@.,'*.,3&1"0(&)*10%(5&2%&7'#(5&(L;(,%("6(&#1&5'*(,%%-(&)'-(&7%1%0%#(3&?'F.')(3&-%#$%0(&
$''',$'''$ 2%&).-%0(8&H4"0&)(&!"*,1;('F+3&01$1-&)(&)1;1"(&(/.-16%(%&'#()*(%&5'*(,%%8&H(&0(&'"%&;%(,0(&01$1-&-'&
!"#(;1*1-&!"*,1;+,%%&)'-(3&;4"+&!2%&#.")*,1%(2*(&#')':*,1;3&;,%"&#',(&/'&*,+%&'"%&0(&F%-(&;(&;+54"*M&
9(&#4"0&(,'1&,+);4"0%*(&!"&/(2"%#%'&'"*(,%.',+3&-%@(,(&;,%"&$'.)3&#(-1-(-(&0%/%"(&(,'1&%"0%/%01'-%*+6%& K;%,%*1-3&*,+%"0&!"&)4"1-&*,1;1-1%&)+13&!-&!5@%@+3&;1,%7%#+&2%&%"7-1("6('F+&#1&7-1%0(-(&)'-(8&!"*,1;4"01:)(&
#1& ';',("6+&0(&#.,;1,%&5.',*(3& 7+,+&/%'6+8&H4"0&'1&'1F%*&#$(5',('&;,%5(-., &*,(%&#(-1-(3&#',(&'1& 5%-%',0(&0(&01$1,%3&(-(&;,(7'#&5'*(,%'&'#()*1%&?-.@3&!-&;(,7(#*('F+8
7.,5'*&;,%51-&J1#-(1&0%/%"3&'1&!"#(;1*&)+&)(&5%2*(&2%&)+&)(&').#%(F(&2%&(-(&#4*(&*,(%3&!"#."=1,4"01:)(& 9,%"&1,5',(3&01$1-&(&#.-'@.,'*.,1-&N1/(,"'*.,1-1%&).-',&2%&'-&P'*+-1%&#(,()#8
#1&1"&7(-&0(&)1@)*'"6+&-%;%#%.')+3&(5'"'*+&0(&;,%5'&*,(%5(8&!"#."=1,'*(&#1&'#(')*+&)1@)*'"6+3&'1&7.)*& $ $ $
'*,')(&0(&%1@%,('&"1#-(1-1%&P'*+:C15"(F(13&2%&')*7(-&0%'5(*,1-&'#()*1%&"1#-(1&'&#,()#1*&;,%"&#,(2*(,('&
"15+,1-1%&#(-1-(-.,&)'-(8&I#(')*+&#,(2*(,(&)(&#."*%"1+&5(,(18
IF%3&K7(,':P'*',&()*(&%"#.5(")1,'@%-+8&S'&'@).',@(&2%&(5%*(&5(,(1&#(-1-(-(&0%/%"(8&T"(-(&05& >*%%&#+&01$1-&!2%&7'#(&(/.-16%'3&!"*,1;4"01:)(&5(,(13&/('#1,%&"(#1,5'*(8&I7-+&'#15&#+&(/.-16%'&)(&
'#()*(&#(-1-(&'1&5%)%1"('&)+&#."*,%@1%(&-'&;(,7(#*',('&)7(,(%&#1&#,('6%%Q&'-*(-(&)1"*&*,%5%)(&#'&5%)%."',%& 7'#(&"15'%&!"&)*',(&0(&01$&-%@(,&2%&"15'%&!"&H(,8&I#(')*'&"1&()*(&.&,(?1-+3&#%&.&'L%.5+8
-'&5',?%"('&#.)5.)1-1%3&#'&)+&'*,'?+&:&;,%"&#."/%"?(,(&:&0%"&$'.)&;',*%#1-(&$'.*%#(&".%8 C1$1-&!"*,1;'*&"1:2%&7'#(&(/.-16%'3&#%&#."-1#,('F+&0.',&#1&#(%&0%"&);'6%13&-1#,('F+&-'&.&.;(,+&
K#4"*(%-(&%(2%*(&0%"&P+*',&'1&0.1+&,.-1,%&0(&!"0(;-%"%*A&.,%&;.,"()#&!"&-15('&#,('*+3&.,%&/.,&#$(5' #.51"+&!5;,(1"+&#1&#(%&0%"&5(0%1-&7-1%0%#8&H(%&0%"&);'6%1&7'#&2#.'-+3&%',&!"*,1;'*1-&(&1"&#.-'@.,'*.,&
#.@.,4*&!"&)4"1-&5'*(,%(%3&.&)."0+&;,%"&#',(&);'6%'-%%&)*10%'F+&2%&;,(7'#&5'*(,%'8
;(&)1,.,%-(&-.,&0%"&$'.)8 8 9,(#15&U'5',1- &!2%& ;1"(& 5'*(,%'& -' & 0%);.F%6%'& 5',%-.,&S"*%*+6%3 & ;("*,1& #' &'#(2*%'& )+:2% & 7'#+&
H4*&*%5;&#(-1-'&0%/%"+&()*(&!"&%"*(,%.,1-&K7(,(%:H';3&-1#,('F+&!"&',5."%(&#1&#(-(-'-*(&5%-%',0(&0(& (/.-16%'3&-'&0%);.F%6%'&01$1,%-.,&)(&;1"(&5'*(,%'&)'1&-'@.,'*.,1-&"15%*&;-'"(*+8&a&("*%*'*(&)(&!"*,1;('F+&
#(-1-(&0%/%"(3&-'&5',('&.;(,+&'&(/.-16%(%3&'&*.*&#(&P'*+-&#,(('F+8&C(&!"0'*+&#(&'&%(2%*&0%"&K7(,':P'*',&2%& !"&'#()*&-'@.,'*.,&2%&'-*(&*,(%&("*%*+6%&);'6%'-(&:&0,(;*'21-3&)*4"?'21-&2%&#(-:0(:#,(2*(*&:&#."-1#,('F+&#1&
):'&)1)*,')&-(?%%&#.-(#*%/%*+6%%3&('&0(/%"(&.&7.,6+&-%@(,+3&'#*%/4"0&#15&%&)(&/'&;+,('&5'%&@%"(8 ('8&H(-(&*,(%&("*%*+6%&;,.*(#*.',(&"1&;,('&%"*(,r%"&#4*&*%5;&.51-&(&)1?',3&;("*,1&#+&5'5'&!-&6%"(&!"&
a0'*+3&-'&!"#(;1*1-&!"#(;1*1-1%&.,%#+,(%&#,('6%%3&*,(%&#(-1-(&)'1&;',*%#1-(&0%"&$'.)&):'1&1"%*3&;("*,1& ;,('=5'&(%3&%',&0,(;*'21-&2%&)*4"?'21-&5'5(%&;.*&7'#(&.7%#%1-&0,(;*'21-1%&2%&)*4"?'21-1%&#.;%-1-1%8
;,%5'&.',+3&;,%"&0,'?.)*('&#(&'1&)%56%*:.&1"'&7'6+&0(&'-*'8&I2'&'&7.)*&-'&!"#(;1*8&C(&'*1"#%&'&*,(#1*&.& H4"0&#.;%-1-&'&!"#(;1*&)+&)(&!"0(;+,*(F(&0(&5'5'&-1%3&#4"0&(-&'&!"#(;1*&)+&%'&.',(#15&%"%6%'*%/'3&
/(2"%#%(8 & IF% & #."0%6%%-( & ):'1 & )#$%5@'*3 & ;,%" & %"7%"%*' & (/.-16%(8 & H4"0 & . & #(-1-+ & 0%/%"+ & )1;1)+ & 2%& *,(@1%(&#."01)3&2%&%"*(,/%"&;,.*(#*.,%%&)+%&);'6%'-%8&9(&5+)1,+&#(&#,(2*(&#.;%-1-3&'#6%1"('&0,(;*'21-1%3&'&
!"6(-(?+*.',(&%()(&0%"&K7(,':P'*+3&()*(&!5@,+#'*+&#1&.&'"15%*+&$'%"+&!"&U'5',&:&0'#+&(&0()*%"'*+&)+& )*4"?'21-1% & 2% & ' & #(-1%:0(:#,(2*(* & ()*( & 5'% & '#*%/+8 & H1 & #4* & 5'*(,%' & *,1;1-1% & )( & ;,(7'#( & 5'% & 51-*3&
;,(-1#,(F(&5'*(,%%-(&0%"&1"%/(,)1,%3&2%&()*(&!5@,+#'*+&#1&'-*+&$'%"+&:&0'#+&/'&;-(#'&)+&-1#,(F(&0%,(#*& '#*%/%*'*('&')%)*("6%-.,&);'6%'-%&()*(&5'%&!"#.,0'*+3&5'%&2*%%"6%7%#+8
')1;,'&;',*%#1-(-.,&0%"&$'.)8 C%"&'#()*&5.*%/3&')%)*("6%%&;,.%(#*.,M&)(&)#$%5@+&-'&7%(#',(&0%"&(*';(-(&/%(6%%&*,1;(2*%8&I0%#+&#(%&
!"&'-&0.%-('&#'F3&%&)(&-')+&)#4"*(%%&*.'*+&;1*(,('&2%&!"6(-(?(,('&#+&()*(&C15"(F(18 *,(%&')%)*("6%&0%"&*%"(,(6(&'1&!"-.#1%*&;(&#(%&0%"&#.;%-+,%(3&%',&-'&,4"01-&-.,&/.,&7%&!"-.#1%6%&#1&'-6%&*,(%3&
H4*+&0,'?.)*(3&#4*+&!"6(-(?(,(&2%&#1".2*%"6+&0();,(&.;(,'&?,'"0%.')+&'&#,('6%%-.,&*,(@1%(&)+&'%@+& #4"0&*4"+,1-&/'&7%&@+,@'*3&2%&'2'&5(,(13&3;4"+&-'&0()*,1;',(8
'#()*&5%#&C15"(F(13&-%@(,&2%&%"0%/%01'-%F'*&:&;',*(&0%"&P.*1-&:&;("*,1&#'&(-&)+&"1&0(/%(F(3&)+&"1&)(& K1?',1-&*,(#(&!"& 7'F'&0(&#.;%-3&';.%&0(&(-(/33 &'0.-()#("*3& *4"+,3& @+,@'*&2%&@+*,4"8&U(,(1 &'-*(&
!"7151,(F(3&)+&"1&-1#,(F(&!"&'7','&[.%"6(%&#("*,'-(3&'&#.-(#*%/%*+6%%&H';1-1%&0(&C15"(F(18&J15'%& ?4"01,%&2%&)%561,%3&5(,(1&'-*&5'*(,%'-&#.,;.,'-3&5(,(1&'-*(&5.0'-%*+6%&0(&71"#6%."',(&'-(&0%7(,%*(-.,&
'#(')*+&0,'?.)*(&2%&!"6(-(?(,(&;.'*(&'01#(&,(F1-*'*(&)1@-%5(8&a&,+F/,+*%,(&'&#(-1-(%&0%/%"(&0()*%"'*+&)+& )'-(&.,?'"(8&C%"&#.;%-+,%(&;4"+&-'&@+*,4"(6(&)(&!"2%,+&.&)(,%(&0(&7(".5("(&7%F%#(3&7%F%.-.?%#(3&;)%$%#(&
-1#,(F(&')1;,'&;',*%#1-(-.,&0%"&$'.)&;.'*(&;,.01#(&,(F1-*'*(&%"#'-#1-'@%-(3&0%)*,1?4"0&!"*,:.&#-%;+& (*#3&#.")*%*1%"0&5'*(,%'-&0(&)*10%1&2%&#."-1#,',(8
*.'*(&1"%/(,)1,%-(3&*.*1-&0(F%"*(?,4"01:)(&2%&;',*%#1-(-(&!"*.,#4"01:)(&!"&$'.)3&!"&)*',('&-.,&;,%5%*%/+8 H(%&*,(%&;,.*(#*.,%&2%&!"0,15+*.,%&);'6%'-%&"1&)1"*&"15'%&'2'&'-+*1,'6%&0(&1"&!"*,1;'*3&#%&)1"*&-(?'6%&
I#(')*+&"(".,.#%,(&):'&!"*45;-'*&.0'*+3&!"&/(2"%#%'&#(&'&*,(#1*8&C%"&'#(')*+&#'1F'3&P'*+-&:&#4*&(&S-& 0(&(-&;,%"*,:1"&#.,0."3&7-1%0%#3&)*'@%-%*&0(&)1;(,%.,1-&?,1;1-1%&)'1&#.-(#*%/%*+6%%&0%"&#',(&7'#&;',*(&
0(&!"6(-(;*&2%&@1"&:&)(&*(5(&0(&"(#$%@F1%"6'&/,(1"(%'&0%"*,(&#(-1-(-(&K'-(8 '#()*(&;'*,1&01$1,%8&C%"&'#(')*+&#'1F+&#(('&#(&)%5*(&!"*,1;'*1-&)%5*&2%&#(%-'-6%&*,(%&0%"&);'6%1&-(?'6%&0(&
9,%"&').#%(,('&;',*%#1-(-.,&$'.*%#(&):'&7.,5'*&P'*+-3&2%&S-&:&;,%"&#$(5',('&;',*%#1-(-.,&$'.*%#(&2%& (-8& C( &. &;-+#(,( &2( &@1#1,+&2%& (%3 &0(& . &01,(,(&)17(,+ & 2%& (%8& H4"0&)( & 7'#(& .& .;(,'6%(& #$%,1,?%#'-+&
.,?'"%F',('&-.,&:&'&#,('*&1"%/(,)1,%-(&0(&;4"+&'F%8 !"*,1;'*1-1%3&*.'*'&01,(,('&-1%&.&/'&!5;+,*+2%3&/,4"0:"(/,4"03&2%&#(-.,-'-6%&*,(%&);'6%'-%8
a&'"',$%(3&!"&5')+3&'&01$1,%-.,&0%"&#.)5.)&;.'*(&7'#(&)+&;%',+&1"%/(,)1,%3&);1"4"0&!"&;(,%#.-& P(.,(*%#3&):'&);1)&#+&(L%)*+&*,(%&#.-'@.,'*.,%&);'6%'-%3&#',(&#."#1,+&-'&)*10%1-&*(,()*,1&'-&!"*,1;'*1-1%8&
C%/%"%*'*('&#("*,'-+8&I,5."%'&*1*1,.,&#."*,%@1%(&-'&;,.?,()1-&*.*1-1%8&IF%&-(?('&-(&6%"(&;(&*.'*(&#'&!"*,: R"&,('-%*'*(3&"1&()*(&"15'%&.&*,(%5(&:&1"&0,(;*'23&1"&)*4"?'2&2%&1"1-:0(:#,(2*(*&:&#%&.&').#%'6%(&0%"&
1"&#(,#&0(&7%(,8&H%"(&)(&'@'*(&0(&-'&-(?%-(&#',(&#."*,%@1%(&-'&;,.?,()3&#'0(&%5(0%'*&)1@&)'"#6%1"('& 7%(#',(8&[.,&7%&5'%&51-*(&("*%*+6%&0(:0,(';*'3&0(:)*4"?'&2%&0(:#,(2*(*8
)17(,%"6(%8&H('&5'%&5%#+&!"#+-#',(&'&#.01-1%&#(,()#&)(&;.'*(&*,'")7.,5'3&;,%"&,(;(*',(3&!"&'"',$%(&)'1& I5&5'%&/.,@%*&0();,(&,.-1-&#(-.,&*,(%&!"0,15+*.,%&2%&#.-'@.,'*.,%8&C,(;*'21-&);1"(A&BI2'&(&@%"(E8&
,+F/,+*%,(8&C(&'#(('&#('&5'%&5%#+&?,(2('-+&()*(&;,.5;*&1,5'*+&0(&;(0(';)+3&;("*,1&'&)(&%5;,%5'& K*4"?'21-&"1&%5;1"(3&#%&','*+&#+&5'%&(L%)*+&2%&.&'-*+&#'-(8&P,')&0(&.&;',*(3&!5;%")&0(&'-*'3&@%(*1-&
'04"#&2%&;("*,1&/(2"%#%(&!"&#."2*%%"6'&7%(#+,1%'&#+&.,%#(&'@'*(,(&'*,'?(&01;+&)%"(&)17(,%"6'3&#."7.,5& !"*,1;'*&,+54"(&)+&'-('?+&!"&/%,*1*('&0(;-%"(%&)'-(&#$%@F1%"6%8&C1;+&.&F%&!"*,('?+&0(&#."-1#,',(3&/%"(
-(?%-.,&)*'@%-%*(8
WYV >%"&*'%"(8(&0%(.%%&;%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"&?(, WYW

(L'5("1-&'&*.*&#(&):'&7+#1*&;()*(&F%8&SL'5("1-&)(&0+&!"&7'6'&#(-1%:0(:#,(2*(*8&S-&/'&=10(#'&7';*(-(& C%"&0%/%"+3&"(@1-.')'&'&#.@.,4*&5(,(13&5%-%',0(&0(&'"%3&;4"+&-'&)*',('&;-'"(*',+8&I;.%&;-'"(*'&'&
(L(#1*'*(3&%',&"1&%"*("6%%-(&)'1&%0(%-(&#(&'1&7,+54"*'*&);%,%*1-&!"&*%5;1-&F%-(%8 !"#(;1*&1,#121-&);,(&0%/%"%F',(3&2%&/%'6'&0(&;(&('&/'&;,.?,()'&!"*,:1"'3&;("*,1&'&0(/("%&2%&('&0%/%"+8&
R0(('3 & #' &%5(( & )*'*%#+/ &"1 & ',( & "%#% & . & 7.,6+ & !" & -15(' & *,1;(')#+8 & o%%"0 & ;1)+ & !" & '#6%1"(3 & (' & )(& C%"&P'*+-&'&;.,"%*&"(@1-.')'8&S'&(,'&-'&!"#(;1*&#')+&0%/%"+3&1"0(&-1#,'1&!"?(,%%&0%/%"%3&H.")*,1#*.,%%&
*,'")7.,5+&!"&;2,.+&5%"'7%#+9&H4*&*%5;&*,+%5&!"&);'6%13&#+1*+5&)+&;1"(5&!"&;,'#*%#+&%0(%-(&P'*+-1%&2%& #("*,'-%8&C1;+&*,(#(,('&'&51-*(&5%-%.'"(&0(&'"%3&"(@1-.')'&'=1"?(&-'&?,'01-&0(&'&)(&;,(7'#(&!"&).',(8&
'-(&[(,@1-1%8&C1;+&#(&"(:'5&!"*,1;'*3&#+1*+5&)+&7%5&!"&'#.,0&#1&%0(%-(&P'*+-1%3&)'1&%0(%-(&);%,%*1'-(3& C%"&5.5("*&#(&"(@1-.')'&'&-1'*&#.")%)*("6'&0(&).',(&)'1&')*,13&H.")*,1#*.,%%&#("*,'-%&):'1&,(*,')3&
0',&!"&'#(%'2%&*%5;&2%&#1&%0(%-(&,(7(,%*.',(&-'&5'*(,%'&[(,@1-1%3&'-(&91,*+*.,1-1%&0(&#1/4"*&'-&P'*+-1%8 .;(,'&-.,&7%%"0&*(,5%"'*+8&K1@&#."01#(,('&o%1-1%&'&,+5')&'%#%&-15('&#.")*,1#*.,%-.,&).-',%8&S%&'1&
!"*,1;'*1-&'&/("%*&#1&%0(%-(&)'-(&*(.,(*%#(& 0%"&);'6%1&2%&#'1*+& )+&-(&;1"+&!"& ;,'#*%#+&'%#%& =.)3& !"#(;1*&.;(,'&#,(+,%%&2%&(/.-16%(%&).-',(8
0(.',(#(&)(&,(7(,+&-'&5'*(,%'&0(&'%#%8&I5&);1)&#+&(/.-16%'&)(&7'#(&!"&);'6%13&0',&'#.-.&('&"1&()*(& C(&-'&.&/,(5(3&):'1&0();,%")&0%"&).',(3&,4"0&;(&,4"03&;-'"(*(-(8&9(&7%(#',(&;-'"(*+&):'1&)*'@%-%*&
#.5;-(*+3&0(.',(#(&)(&7'#(&')1;,'&)1@)*'"6(%&*+*',(&2%&5'5',(3&'7-'*+&!"&)*',(&7-1%0%#+8 #.")*,1#*.,%%&;-'"(*',%8&H4"0&.&;-'"(*+&'&7.)*&?'*'3&#.")*,1#*.,%%&).-',%&):'1&,(*,')&;(&).',(3&;("*,1&'&
P.'*(&%0(%-(&,(7(,%*.',(&-'&);%,%*3&)(&"15()#&%5(%&)4%,%*1'8(&)'1&7')#18%"(9&P.'*(&%0(%-(&,(7(,%*.',(& #."*%"1'&.;(,'&-.,&).-',+3&;4"+&-':&*(,5%"',('&)'1&0%).-16%'&!"*,(?1-1%&)%)*(58
-'&5'*(,%(3&0(&.,%#(&?,'03&)(&"15()#&%5(%&7'*(,%'8(&)'1&;(7%"%"(9 9,%5'&;-'"(*+&0();,%")+&0%"&).',(-(&".)*,1&()*(&'#15&-'&.&0%)*'"6+&7.',*(&5',(&0(&(-&2%&()*(&%"/%F%@%-+&
I"'-%F'&%0(%%3&#(,#(*',('&2%&1,5+,%,('&'#6%1"%%&(%&)(&7'#(&0(&);%,%*3&#',(&.&7(#1"0('F+8&K;%,%*1-& /.1+8&C(;+,*4"01:)(&5(,(13&/'&%(2%&0%"&)7(,'&0(&'*,'#6%(&'&).',(-1%8&S7-1/%%-(&).-',(&"(5'%;1*4"0&
#.5@%"+&%0(%-(&5')#1-%"(&#1&#(-(&7(5%"%"(3&#'&)+&/'0+&1,5+,%-(&'#()*(%&#.5@%"+,%8&K;%,%*1-&/%"(&0%"& -1#,'&')1;,'&(%3&5'*(,%'&)'&5%"(,'-+&)(&/'&0(F'?,(?'&2%&;,(7'#(&!"&;1-@(,(&#.)5%#+8&I#(')*'&/'&7%&
);'6%1&#1&%0(%&#(,(2*%&);%,%*1'-(3&0',&)(&!"*,1;('F+&)+&/'0+&#(&)(&/'&;(*,(#(&#4"03&#.@.,4*&!"&*,1;3&!"& ).',*'3&,4"0&;(&,4"03&'&;-'"(*(-.,&0%"&)%)*(51-&".)*,1&;-'"(*',8&a&;',*(&0%"&;1-@(,('&-.,&/'&#+0('&;(&
5'*(,%'&;-'"(*',+3&/'&#+1*'&)+&';-%#(&%0(%-(&);%,%*1'-(&)'1&#(,(2*%&')1;,'&5'*(,%(%8&I0%#+&#(&1,5+,%&/.,& '-*(&#.,;1,%&;-'"(*',(3&;("*,1&':2%&*(,5%"'&(/.-16%'&5%"(,'-+&"(*(,5%"'*+&!"#+3&%',&.&'-*+&;',*(&)(&/'&
7%&#4"0&/'&!5;,(1"'&%0(%-(&5')#1-%"(&#1&#(-(&7(5%"%"(8 7-1%0%7%#'&2%&!"*.',#(&!"&H("*,13&;("*,1&'&7%&!"*,(@1%"6'*+3&01;+&.&;,('-'@%-+&;,(-1#,',(3&-'&#,(',('&0(&
c.-1-&!"*,1;+,%%&()*(&)+&.7(,(&);%,%*1-1%&;.)%@%-%*'*('&0(&'&;1"(&!"&;,'#*%#+&%0(%-(&#(,(2*%3&';-%#4"01:-(& "(@1-.')(&".%3&)%)*(5(&)%0(,'-(3&).,%&)'1&)%)*(5(&;-'"(*',(8&P.6%&).,%%&2%&;-'"(*(-(&)1"*&51,%*.,%3&
')1;,'&5'*(,%(%&?-.@1-1%&;+54"*()#8&!"*,1;'*1-&()*(&1"&)'#,%7%#'*3&)#171"0'*&!"&)4"1-&5'*(,%(%&?-.@1-1%& #,(4"01:)(&!"&-.#1-&-.,&'-6%%3&)1;(,%.,%3&!"?(,%%&).-',%&'1&;,(F%0'*&-'&0();+,6%,('&G1"%%&0(&9+54"*8&!"&
*(,()*,13&!"&7.-.)1-&7,'6%-.,&0%"&#.-(#*%/%*'*('&)'3&;("*,1&#'&#(%&0%"&H(,&)+:2%&7'#+&)*10%%-(&;,%"&(-8 )%)*(51-&".)*,1&G1"'&()*(&.&7.,5'6%1"(&0(&?,'01-&'-&*,(%-('3&9+54"*1-&:&0(&?,'01-&'-&0.%-('3&%',&K.',(-(&
K'#,%7%#%1-&'#()*'&"1&;.'*(&7%&(*(,"8&C(&'#(('&):'&;1)&1"&*(,5("&01,'*(%&)'-(3&04"01:%:)(&-%@(,*'*(& :&0(&;,%51-&?,'08
01$1-1%&!"*,1;'*&;,%"&'#*1-&"15%*&5.',*(8&U.',*('&!")('5"+&*(,5%"',('&#'-/',1-1%3&'&)'#,%7%#%1-1%& P.'*(&7.,5'6%%-(&0(&?,'01-&'-&*,(%-('&0%"&!"*,(?1-&1"%/(,)&":'1&;.)(0'*&2%&"1&/.,&;.)(0'&"%#%.0'*+&/%'6+&
7+#1*&0(&01$&7'6+&0(&#.-(#*%/%*'*('&0%"&#',(&7'#(&;',*(8&C',&!"&-.#&#'&7,'6%%&)+%&0(&)'#,%7%#%1&)+&)(& *,1;(')#+3&#%&"15'%&01$1'-+8&S-(&)(&/.,&0(F'?,(?'&!"'%"*('&#.,;1-1%&0%"&#',(&):'1&0(F-%;%*8&C(&-'&
@1#1,(&#+&1"1-&0%"*,(&'%&-.,&):'&(-%@(,'*&0%"&5'*(,%(3&(%&!-&;-4"?8&K+,5'"%%3&#4*&0(&"(2*%1*.,%&)1"*&0(& 0(F-%;%,('&G1"%%&0%"&;+54"*1-&;(&#',(&#+-#'6%3&'1&*,(#1*&51-*(&5%-%.'"(&0(&)(#.-(8&C1;+&#(&;-'"(*'&'&
*'%"(-(&#(,(2*%M 7.)*&*(,5%"'*+3&'&/("%*&)+:2%&7'#+&2#.'-'&;(&('&-15('&'"?(-%#+&;-'"(*',+8&H(/'&5'%&*4,F%1&'1&!"#(;1*&)+&
C'#+ & )'#,%7%#%1- & ' & 7.)* & ;( & 0(;-%" & !"0(;-%"%*3 & 01$1- & /' & #1-(?( & -' & 7%"(-( & /%(6%% & *,1;(2*% & ,.'0(& /%"+&;4-#1,%&0(&01$1,%3&0(&*.'*(&#'*(?.,%%-(3&#'&)+:2%&7'#+&(/.-16%'8&C(&-'&!"#(;1*1-&).)%,%%&-.,3&/%'6'&
7,15.')(3&0(&#',(&)(&/.,&!5;+,*+2%&2%&#(%-'-6%&#.-'@.,'*.,%&'%&)+%8&S/.-16%'&)(&7'#(&!"&5.0&#.-(#*%/3& '#()*.,&01$1,%&'&7.)*&5(,(1&!"0,15'*+&0(&-15('&'"?(-%#+&;-'"(*',+3&#1&)(0%1-&;(&G1"+8
!"*,1;'*1-&):'&)'#,%7%#'*&@("(/.-&!"&7.-.)1-&#.-(#*%/%*+6%%&);%,%*1'-(&0%"&#',(&7'#(&;',*(3&;("*,1&#+&2*%(& C1;+&0(F-%;%,('&G1"%%3&9+54"*1-&'&0(/("%*&)(0%1-&01$1,%-.,&).)%*(&0%"&*.'*(&;+,6%-(&1"%/(,)1-1%3&'=1")(&
#+&'-*1-&/'&7'#(&54%"(&-'&7(-8 -'&?,'01-&'#()*(%&;-'"(*(8&9,%5(-(&01$1,%&15'"(&'1&7.)*&0%"&#(-(&%"7(,%.',(8&P,(;*'*3&!"&0(#1,)1-&
T"(.,%&0,(;*'21-&2%&)*4"?'21-&)(&)#$%5@+&!"*,(&(%3&7+#4"0&'5@(-(&2#.-%3&'0%#+&'&';-%#+,%%&%5(%82,&5(& 5%-%',0(-.,&0(&'"%3&(-(&):'1&,%0%#'*&;4"+&'1&'=1")&);%,%*(&)1;(,%.',(3&!"&0(7%"%*%/3&*,(%&5',%&#'*(?.,%%&0(&
5,('4*'&2%&5(&)*E"-'9 01$1,%&15'"(&'1&/("%*&;(&9+54"*A&<8&5%'028%3*%%]9V9&;%18%3*%%]&X8&5%0%"%3*%%9
a&%0((&()*(&#.")%0(,'*+&0(&0,(';*'&#4"0&(&!"&)(")1-&-(?%-.,&1"%/(,)'-(3&2%&.&%0((&()*(&#.")%0(,'*+& C%'/.-%2*%%&)1"*&);%,%*(&%"7(,%.',(8&J(?,%%&0%"&I7,%#'3&I)%'3&I1)*,'-%'&(*#8&',&#.,();1"0(&'F%&'#()*.,&
0(&)*4"?'&#4"0&(&#."*,',+&-(?%-.,&#(,(2*%8&!"*,1;'*1-3&0,(;*'21-&2%&)*4"?'21-&7'#&.&*,(%5(A&1"1-&;,.;1"(3& 7(-1,%&0(&);%,%*(8&o%1-%2*%%&)1"*&);%,%*(&5'%&(/.-1'*(3&'/4"03&#'&.'5("%3&.&,(-%?%(&2%&.&#,(0%"6+&!"&7.,6(-(&
'-*1-&#."*,';,.;1"(&2%&!"*,1;'*1-&0%);1"(3&0',&!"&1,5'&0(#%F%(%&!"*,1;'*1-1%&*.6%&*,(%&/.,&'=1"?(&-'& H(,1-1%3&#,(F4"0&!"*,:1"&C15"(F(18&C%/%"%2*%%&)1"*&);%,%*(&!"*,1;'*(3&;.)(04"0&#1".2*%"6(&;,.71"0(&
)17(,%"6+&)'1&7(,%#%,(8 0();,(&'-#+*1%,('&1"%/(,)1-1%3&/%'6'&0(&;,(*1*%"0("%&2%&-(?%-(&0%"&"'*1,+8&C%/%"%2*%%&)1"*&%-15%"'6%&2%&
!"&#."#-1F%(3&"%#%&1"&01$&"1&(/.-1('F+&%"0%/%01'-3&#%&"15'%&!"&#.-(#*%/%*'*(3&#'&2%&P'*+-&#(,()#& 51-6%&0%"*,(&(%&'1&-(?+*1,%&0%,(#*(&#1&#(%&0%"&);'6%18
!5;,(1"+&#1&5%-%',0(-(&K'-(&#(-1-(&0%/%"(3&%"7%"%6%&C15"(F(%8 [%'6'&.5("%,%%&;(&9+54"*&2%&'&*1*1,.,&;-'"(*(-.,&0%"&1"%/(,)&"1&)(&#."*%"1+&!"*,:1"&/(2"%#&1,#123&
C1;+&#(&!"*,1;'*1-&2%:'&*(,5%"'*&)'#,%7%#%1-3&()*(&-+)'*&#4*/'&*%5;&-%@(,3&)+&)(&!"*,(5(F(3&)+&)(& #%&)(&0()7+2.',+&)1@&7.,5+&0(&#%#-1,%8&C1;+&#(&):'1&;(,%"0'*&;(&)1;,'7'6'&;-'"(*(%&#(-(&*,(%&#'*(?.,%%&
.0%$"(')#+&2%&)+&54"?4%(&;(&#(%&-+)'6%&=.)8&C(&-'&.&/,(5(3&)1;(,%.,%%3&?+)%"0&#+&'&)*'*&0()*1-3&!%&.,0."+& 0( & 01$1,%&!"*,1;'*(3&*(,5%"4"01:)( &#%#-1-&0%/%"%)*3&1" & #'*'#-%)5&5+*1,+3& 0%)*,1?(& *.'*+& #%/%-%F'6%'&
)+&,(%"*,(&!"&'#*%/%*'*('&#(,(')#+3&)+&7(#1"0(F(&%0(%-(&#(,(2*%8 .5("%,%%&0%/%"%)*(3&2%&!"&-.#1-&(%&/%"(&1"&/'-&0(&0%'/.-%2*%8&C(&'#15&)(,%%-(&)(&1,5('F+&5'%&0(;',*(3&
!"&H(,3&#'&2%&;(&;+54"*3&1"%%&'-(',?+&01;+&.&;-+#(,(&*,(#+*.',(3&1,5'*+&0(&51-*+&2%&!"0(-1"?'*+& *,(#4"0&;,%"&7%1-%2*%3&2%&)(&*(,5%"+&#1&0%/%"%2*%3&01;+&#',(&1"&".1&#'*'#-%)5&2*(,?(&.,%#(&1,5+&0(&!"'-*+&
)17(,%"6+3&;(&#4"0&'-6%%&)(&'"?'=('F+&-'&.&01,(,(&*(5;.,',+3&#'&)+&)(&@1#1,(&0(&.&7(,%#%,(&;,(-1"?%*+8 #%/%-%F'6%(&'&0%/%"%2&R%-.,8
K+&"1&)(&#,('0+&#+&-'&1"&5.5("*&.',(#',(&'-&/%(6%%&;+54"*1-1%&)(&?+)()#&;(&#%&"15'%&0%/%"%2*%&.,%&
7%1-%2*%8&9(&-4"?+&01$1,%-(&5'=.,%*',(&)(&'7-+3&!"&5%".,%*'*(3&2%&0%"&#(-(-'-*(&#'*(?.,%%8&C(&(L(5;-13&!"&
/,(5('&0%/%"%2*%-.,&5'=.,%*'*('&.'5("%-.,&.&7.,5('F+&#(%&'04"#&#,(0%"#%.2%&2%&!"&;(,5'"("*+&-(?+*1,+&
H%#-1,%-(&(/.-1*%/( #1&H(,1-3&#(%&5'%&51-6%&7%%"0&#$%',&5(0%15%&'10%*%/%8&C',&;,%"*,(&(%&)(&'7-+3&!"&5%".,%*'*(3&0%'/.-%2*%%&
2%3&#(/'&5'%&51-6%3&7%1-%2*%%8&G'&7(-&)(&!"*45;-+&2%&!"&(;.#'&7%1-%2*%-.,&2%&'&0%'/.-%2*%-.,8&G(?("0'&-1%&J.(&
AB "1&(&.&;./()*(&?.'-+3&-%;)%*+&0(&'0(/+,8&J.(&'&7.)*&.&,('-%*'*(3&1"&.5&0%/%"%)*8&K(&!"6(-(?(&#+&"1&;%(,(&
R"&1"%/(,)1,%-(&)7(,(%&#,('*(3&(L%)*+&*,(%&5',%&?,'0(&0(&)%)*(5(&;-'"(*',(3&#',(&)1"*&#.,();1"F+*.',(A& *.'*+ & /%'6' & '"%5'-+3 & /(?(*'-+ & 2% & 15'"+ & #1 & .#'F%' & 1"1% & ')*7(- & 0( & #'*'#-%)58 & R'*+ & !"6(-()1- & ,('- & '-&
<8&K74"*1-1%&C1$Q&V8&o%1-1%:).-',Q&X8&P'*+-1%&#("*,'-8 7%%"6(-.,&)'-/'*(&0(&J.(&;,%"&#.,'@%'&)'8
S/.-16%'&#(,(&*,(#(,('&0(&-'&;-'"(*',&-'&).-',&2%&0(&-'&).-',&-'&0%/%"8 H'*'#-%)51-&):'&0(F-+"61%*&;,%"&7.,6(-(&/("%*(&0%"&K7(,'&0%/%"+8&I;(-(&.#('"(-.,&'1&%"1"0'*&!"&#4*(/'&
G'&!"#(;1*1-&#,('6%(%&)%)*(51-1%&):'&*,(#1*&%"/(,)3&0(&-'&)*',('&"(@1-.')+&)'1&0%/%"+3&-'&#('&).-',+& #-%;(&#."*%"("*1-3&5+*1,4"0&';,.';(&*.*1-&0%"&#'-('&-.,8&C1;+&#4*(/'&F%-(3&';(-(&'1&%"*,'*&!"&5'*#'&-.,&
2%&0(&'%#%&-'&#('&;-'"(*',+8&C1;+&#(3&;,%"&%"0281.%(/&;-'"(*'&'&'*%")&)*',('&7%F%#+&#('&5'%&).-%0+3&!"#(;(& 2%&-%"%2*('&5.,6%%&0.5"(2*(&;(&)1;,'7'6'&;+54"*1-1%8&!"&1,5'&#'*'#-%)51-1%&';,.';(&*.6%&.'5("%%&):'1&
1,#121-3&(0281.%'/&')#(")%1"('&);,(&0%/%"8 0()*,1;'*8&K;%,%*(-(&0%/%"%2*%-.,&'1&;.,"%*&);,(&G1"+3&2%&0(&'#.-.&#+*,(&K.',(8&C1;+&#( &'1&0(F@,+#'*&
R"&;,%5'&;(,%.'0+3&;("*,1&*,'")7.,5',('&"(@1-.')(%&!"*,:1"&?-.@&).-',3&'1&-1#,'*&C%/%"%%8&C1;+&#(& $'%"' & ;-'"(*',+ & 2% & ).-',+3 & ):'1 & !"0,(;*'* & );,( & '-*( & 5(-('?1,%3 & #+*,( & '-6% & ).,% & '% & 1"%/(,)1-1%8 &J.(&
2%:'1&*(,5%"'*&.;(,'&'1&;-(#'*&-'&H("*,18&I1&1,5'*&!"?(,%%&).-',%3&-1#,4"0='&#.")*,1%,('&;-'"(*(-.,8& !5;,(1"+&#1&'-6%&0%/%"%2*%&'1&)#+;'*&0(&#'*'#-%)53&0(.',(#(&%:'5&'/(,*%F'*&".%3&#(%&0(&)1)8&H(-.,-'-6%&
H4"0&2%:'1&*(,5%"'*&.;(,'3&'1&;+,+)%*&;-'"(*'&2%&):'1&!"*.,)&!"&).',(-(&-.,8&!"&7%"(3&'#()*(&;-'"(*(&'1& 0%/%"%2*%3&0(2%&(,'1&!"&-(?+*1,%&#1&".%3&"1&-%&):'&);1)&"%5%#&0();,(&;.*.;3&;("*,1&#+&'2'&(,'&.,4"01%*&)+&
7.)* & -1'*( & !" & )*+;4"%,( & 0( & !"?(,%% & ;-'"(*',%8 & 9,%" & 1,5',(3 & H.")*,1#*.,1- & 0%/%" & ' & 7.)* & !"-.#1%* & #1& )(&!"*45;-(3&#'&)+Z!"#(';+&1"&'-*&#%#-18
#.")*,1#*.,1-&).-',3&%',&(-&'&7.)*&5-.#1%*&#1&#.")*,1#*.,1-&;-'"(*',3&)'1&5'%&@%"(&F%)&~-1"',8
WYX >%"&*'%"(8(&0%(.%%&.%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"&?(, WYY

H(-&0%"&1,5+&#%#-1&0%/%"%)*&'&7.)*&0()#,%)&!"&-(?("0'&-1%&J.(8&I*1"#%&'&!"#(;1*&#%#-1-&0%'/.-%)*3& P.'*(&(L;(,%("6(-(&-(&7'#(5&;(&,4"03&5%-%',0(&0(&'"%3&;(&0%7(,%*(&;-'"(*(&2%&)%)*(5(&;-'"(*',(3&
'7-'*&'#15&;(&)74,2%*(&2%&/'&!"#(;(&1"&".1&#%#-1&:&#%#-1-&7%1-%)*8&S-&/'&01,'&';,.L%5'*%/&X^q8qqq&0(& ')1;,'&*1*1,.,&7.,5(-.,&0(&/%'6+&2%&7(-1,%-.,&0(&5'*(,%%3&0',&"1&;1*(5&'/('&.&2*%%"6+&#.5;-(*+3&;4"+&
'"%3&01;+&#',(&/'&1,5'&1"&".1&#%#-1&0%/%"%)*8&I)*7(-3&#%#-1,%-(&)(&/.,&1,5'&5(,(13&;4"+&-'&5.',*('& "1 & #.@.,45 & -' & )*',(' & 5'*(,%(% & #(-(%& 5'% & 0(")(3 & ' &5'*(,%(% & ;-'"(*',(8 & R'*+ & "(#()%*'*(' & !"*,1;+,%%8&
'#()*(%&;-'"(*(8&C1;+&p%@-%(3&):',&#,(0(&#+&;.*.;1-&-1%&J.(&):'&;,.01)&'#15&#4*(/'&5%%&0(&'"%8& J15'%&'/4"0&1"&%")*,15("*&*(,()*,13&;1*(5&-1#,'&')1;,'&5'*(,%(%&*(,()*,(8
I0(/+,1-&(&#+&0(&-'&#(-&0%"&1,5+&#'*'#-%)5&;4"+&'F%&'&*,(#1*&#1&51-*&5'%&51-*&*%5;&0(#4*&#15& !")+2% &C%/%"%*'*(' & )*10%'F+ &I0(/+,1-8 &S' & ',( & 5(,(1 & !" & 7'6' & K' & ".% & ;,.@-(5(3 & 5(*.0( & 2%& )*+,% &0(&
!"6(-(?(&.51-&0%"&p%@-%(8&T-*%51-&;.*.;&):'&;(*,(#1*&!"*,:1"&*%5;&7.',*(&!"0(;+,*'*8 ;,.?,()3&0',&/,('&)+:2%&/(,%7%#(&#."#-1F%%-(&;,%"&;',*%#1-(-(&(5'"'*(&0%"&S'3&;,%"&#.;%%%&K+%&;-(#'6%&!"&
C%" & #(-(& 0(& 5'% & )1)3 & )( &0(01#(& #+& 5'=.,%*'*('& .'5("%,%% &'#*1'-( &';',6%"( &#%#-1-1%& 0%'/.-%)*8& -15(8&c(F1-*'*1-&(L;(,%("6(%&5%-%',0(-.,&0(&#.;%%&;-(#'6%&!"&#,('6%(3&.7(,+&C%/%"%*+6%%&;.)%@%-%*'*('&0(&'&
o%1-%2*%%&7.,5('F+&.&5%#+&5')+3&%',&0%/%"%2*%%&)1"*&(L*,(5&0(&;16%"%8 )(&!"#,(0%"6'&0(&=1)*(6('&/(0(,%-.,&K'-(8&I)*7(-&C%/%"%*'*('&!2%&#."*,.-('F+&.@)(,/'6%%-(&2%&$.*+,4,%-(8&C%"&
C%/%"%)*1-&"1&)(&;,(.#1;+&0(&0(2(,*+#%1"%-(&/%(6%%&*,1;(2*%8&S-&()*(&%0('-%)*1-&;+54"*1-1%3&#+1*4"0& $'.)1-&%"7%"%*&):'&7.,5'*&C%/%"%*'*('8&U%-%',0(&"()74,2%*(&0(&)(#.-(&).-',(&%:'1&*,(@1%*&C%/%"%*+6%% &)+&
)+&)(&'0';(&0%"&%F/.',(-(&"()(#'*(&'-(&2*%%"6(%&#(,(2*%&2%&.7(,%"03&!"*,1#4*/'3&".,5(&0(&#."01#(,(&#(-.,& (/.-1(F(&;4"+&'&'=1")&-'&)*'0%1-&'#*1'-3&'7-'*&!"&/(2"%#+&;,(7'#(,(3&;("*,1&#+&(/.-16%'&"1&',(&)74,2%*3&!"&
0%"&=1,1-&)+18&o%1-%)*1-&6%"(&#'-('&0(&5%=-.#&0%"*,(&);%,%*&2%&5'*(,%(3&%',&0%'/.-%)*1-&()*(&1"&5'*(,%'-%)*& 5.0&0%,(#*3&0',&5'%&'-()&;,%"&#(-1-(-(&0%/%"(&;-(#'*(&0%"&H';3&P'*+-&#$('5+Z5(,(1&;',*%#1-(&$'.*%#(3&
7(,.#(3&1"&(?.%)*&7+,+&)('5+"8 #1&#',(&#,(('F+&?-.@1,%&#(,(2*%&2%&15;-(&%"7%"%*1-&#1&#,('6%%8&K;'6%%-(&)1"*&;-%"(&0(&';(-1,%3&0(&%0(%&'-&
H+*,(&)74,2%*1-&#%#-1-1%&0%'/.-%)*3&';,.';(&*.6%&#."01#+*.,%%&5',%&2%&5%#%&'%&;.;.',(-.,&)1"*&75-%2*%8& #+,.,&#."6%"1*&#,(2*(&5(,(13&;,%"&';-%#',('&-.,&!"&(L%)*("6(&0%"&#(&!"&#(&5'%&(/.-1'*(8&Z&P.*&#(&(&);%,%*&
!"&#%#-1-&;,(F("*&'-&0%'/.-%2*%-.,&)1"*&;16%"%&0%/%"%2*%&:&5(0%15%&0(&*.'*(&#'*(?.,%%-(3&%");%,'6%3&5',%& 2%&5'*(,%(&'&;,./("%*&0%"&P'*+-&2%3&-'&1,5'&1,5(%3&*.*1-&):'&"+)#1*&0%"&$'.)8&g'.)1-&(&.,%?%"('&'&*.*&2%&
?4"0%*.,%&2%&5%)*%#%&:&7%%"0&;%(,016%&!"&5',('&5')+&'&0%'/.-%2*%-.,&'*(%&)'1&%?".,'"6%8 *.'*(8&9',*%#1-(-(&$'.*%#(&)*'1&"(5%2#'*(&0%"&/(2"%#%(8&N4"01-&-.,&)(&!5;'#+&#1&)*',('&-.,&0(&%"(,6%(3&
P,(';*'&#('&5'%&0(&=.)&'&0%'/.-%2*%-.,&7.,5('F+&*,%@1,%-(&"(?,%-.,&0%"&I7,%#'3&p,'F%-%'3&I1)*,'-%'8& ;("*,1&#+&"1&#1".)#&)*',('&0(&7(,%#%,(&*,+%*+&!"*,:.&#.-(#*%/%*'*(8&S&,+1&:&F%#(5&".%&'#15&:&0',&;("*,1&
H1&*.'*(&'#()*('3&7%(#',(&*,%@&',(&1"&0%/%"%)*3&)1;(,%.,1-&).#.*%*&!"/+6'*3&5(0%#&2%&/,+=%*.,8 (-(&(&@%"(8&p%"(-(&)*+,%%&".')*,(&0(&'#15&#.,();1"0(&@%"(-1%&)*+,%%&".')*,(&0(&'*1"#%&2%&0(&'#.-.8&
!"&!"*,(?&1"%/(,)1-&)(&-1#,('F+&-'&7(-8&a,%#',(&',&7%&,'"?1-&);%,%*1'-&'-&01$1-1%3&#4"0&)(&!"*,1;('F+3& I5@(-( & #1;,%"0 & '#(('2% & ".6%1"(8 & J15'% & ;,%" & #.5;',',(' & 1"(%' & #1 & #('-'-*+ & )( & ;.'*( & /(0('&
*,(@1%(&)+&!"#(';+&#1&'@(#(0',1-8&a51-&"1&;.'*(&)+&,(%'&!"/+6+*1,'&0(&1"0(&2%:'&!"*,(,1;*:.&!"&/%'6'& 0(.)(@%,('8&C'*.,%*+&"(#1".'2*(,%%&1"(%&'-*(&)*+,%3&'5&)*'*&-.#1-1%&.&/(2"%#%(&!"&$'.)8&!"&'#(-(&/,(51,%&
*,1;(')#+&;,(#(0("*+8 (,'&@%"(&'#.-.&;("*,1&".%8&I2'0',&@%"(-(&(&,(-'*%/&2%&"1&',(&.&-%5%*+&)1;(,%.',+8
I#15&;.*&(L#-'5'A&R1@%*(&7,'*(3&#%#-1-&0%'/.-%)*&(&;(&)74,2%*(&2%&/'&!"#(;(&#(-&7%1-%)*M&J.%&"1&5'%& R"*,:.&@1"+&F%3&'&';+,1*3&'&642"%*&'-+*1,%&0(&%0((' &F &2%&%0((' &B9 &C%"&'#(-&5.5("*3&):'&"+)#1*&
';1#+5&#%#-1-&0%/%"%)*&#',(&/'&1,5'3&#+#%&;4"+&'*1"#%&/.5&7%&;-(#'6%&;(&'-*+&;-'"(*+&'&1"1%&'-*&)%)*(5& 0.,%"6'&0(&'&!"#(,#'3&0(&'&(L;(,%5("*'&2%&'#(')*+&".1+&%0((8&I2'&):'&"+)#1*&;,%5'&').#%(,(8&I#()*'&(&
).-',3&1"0(&/.5&?+)%&#%#-1-&0%/%"%)*3&;("*,1&'&"(&#."*%"1'&)*10%%-(8&J1&/.5&5'%&2(0('&'%#%3&0(.',(#(& !"#(;1*1-&#,('6%(%8
"1&5'%&;1*(5&'2*(;*'&#4*(/'&)1*(&0(&5%%&0(&'"%3&#4*&/'&01,'&#%#-1-&7%1-%)*3&;4"+&'@%'&)+&)(&','*(&-'& [.%&#,(0(6%e#+&!"*4%&'&7.)*&@%"(-(&2%&';.%&'&/("%*&,+1-8&I0(/+,1-&(&'-*1-A&!"*4%&'&7.)*&,+1-3&2%&';.%&'&
.,%F."*&;(,%.'0'&0%/%"%)51-1%3&"(#()',+&(/.-16%(%&".')*,(8 /("%*&@%"(-(8&!"*4%&'&7.)*&%0((' &F&: &%5(('&%M28+,%%/&'&%"5(4("5(".(%/ &2%&';.%&'&/("%*&%0((' &B &: &%5(('&
C%"&#(-(&(L;1)(&5'%&)1)3&):',&;+,('&#+&/%'6'&;(&9+54"*&2%&;(&'-*(&;-'"(*(&')(5+"+*.',(&(%3&)(&7'#(& ')2#%(,%%/&'&71"#%%&#28(#*%0(9 &C.1+&%0(%3&0.1+&)*+,%3&@1"+&2%&1"'3&@1"+&2%&#('-'-*+3&0',&.;1)(3&1"'&
;(&;(,%.'0(&)'1&#%#-1,%3&#',(&1,#+&2%&#.@.',+&2%&#+3&!"&0(7%"%*%/3&"1&(L%)*+&"%#%&1"&;,.?,()3&#+&*.*1-&)*+& 7%%"0&)1;(,%.',+&#(-(%-'-*(8
;(&-.#8&!"&,('-%*'*(3&#%#-1,%-(&(/.-1*%/(&1,5('F+&!"&'2'&7(-&!"#4*&"%#%&1"&#%#-1&"1&!"#(;(&0(&-'&'#(('2%& U1-*(&5%-%',0(&0(&'"%&%:'1&*,(@1%*&;',*%#1-(%&$'.*%#(&;4"+&)+&!"6(-('?+&#+&%0(('&B&(&0(&;,(7(,'*&
*,(';*+&#'&2%&#('&;,(#(0("*+3&#%&('&,(/%"(&#1&#(/'&5'%&)1)8&R"&0(7%"%*%/3&*.'*(&#%#-1,%-(&0(/%"&0%"&#(&!"&#(& %0(%% &F9 &I6%&;1*('&,40(&0(&'7%,5'6%'&5('A&BH153&;("*,1&.&%0((&'*4*&0(&)%5;-+&%:'&*,(@1%*&;',*%#1-(%&
5'%&(/.-1'*(3&'2'&!"#4*&7.,5'&0(&/%'6+&'&*,1;1-1%&2%&'&*1*1,.,&7%%"6(-.,&)(&/'&5'"%7()*'&)1@&1"&'-*& $'.*%#(&.&/(2"%#%(DE&!"*.#5'%8&G15('&'&,4)&0(&H.-15@&#4"0&;,%"*,:.&5%2#',(&'&;1)&.1-&!"&;.F%6%(&
');(#*3&5(,(1&)1;(,%.,3&5(,(1&!"&;,.?,()8&P.*1-&()*(&!5;%")&!"'%"*(&0(&-(?('&(/.-16%(%8&9+54"*1-& /(,*%#'-+3&F%#4"0&#+&'2'&#(/'&.,%#%"(&;.'*(&7'#(8
".)*,1&:&#'&2%&5%-%',0(-(&0(&#.,;1,%&#(,(2*%&:&)(&'7-+&5(,(1&;(&0,151-&/(2"%#(%&;(,7(#6%1"%8 I#15&/%&)(&;',(&1"&-1#,1&"(!")(5"'*3&0',&#4"0&*(&?4"0(2*%&#+&;',*%#1-'&$'.*%#+&/%(61%'&0(&.&
(*(,"%*'*(&!"*,:.&'"15%*+&)*',(3&)(&!"6(-(?(&#+&%:'&*,(@1%*&1"&*%5;&7.',*(&5',(&#'&)+&)(&"')#+&!"&('&'-*&
?4"03&,(-'*%/&-'&.&'-*+&7.,5+&0(&(L%)*("6+8&IF%&-1#,1,%-(&5(,?&5'%&12.,3&;("*,1&#+&')1;,'&;',*%#1-(-.,&
$'.*%#(&)(&(L(,#%*+&.&#$(5',(3&',?15("*4"01:-%:)(&7(,%#%,('&/%(6%%&!"&#.51"8&H.-(#*%/%*'*('&;,.;'?+&
P.*1-&):'&"+)#1*&0%"&;',*%#1-(&$'.*%#( 5(,(1&,();(#*1-&-%@(,*+6%%3&'/1*+&0(&;',*%#1-'&$'.*%#+&!"&R"7%"%*8&[%'6'&!"&#.51"&"1&(&.&#.")*,4"?(,(3&
#%&.&"(#()%*'*(&"+)#1*+&0%"*,:.&#."/%"?(,(8&J%#%.0'*+&1"&01$&"1&;.'*(&7%&#.")*,4")3&#%&"15'%&#."/%")Q&
'-*7(-3&(-&',&;1*('&,(#-'5'&-%@(,*'*('&'/1*+&!"&$'.)3&#(,4"0&!"*.',#(,('&!"&(-8
o(,%#%*&.51-&#',(&-1#,('F+&0%"&*.'*(&;1*(,%-(&)17-(*1-1%&)+13&;("*,1&'/'")',('&#.-(#*%/%*+6%%&0%"
[%'6'&);'6%'-+&"(:.&*,+%5&!"&?,1;1,%3&%',&!"&/%'6'&*,1;(')#+&)1"*(5&.',(#15&!"#-%"'6%&);,(&.&/%'6+&
#',(&7'#(&;',*(8 5'%&51-*&%"0%/%01'-+8&C',&*.*12%&#4*&0(&#4*3&)1"*(5&;.,"%6%&);,(&#.-(#*%/%*'*(3&#+#%&7'5%-%'&#(&()*(D&
S1&)1"*&1"1-3&)1"*&.&#(-1-+&0%/%"+&!5@,+#'*+&#1&.&$'%"+&"('-*(,'@%-+&0+,1%*+&0(&H(%&0%"&c();%,'*.,8& "('51-&#(&()*(D&,')'&#(&()*(D&P.*&#.-(#*%/%*+6%8&>%&';.%&!"*,1;'*1-&"1&)(&'7-+&5(,(1&!"&#.5;'"%'&#(-.,&
9()*(&'#(')*+&$'%"+&5%&):'1&;1)&0.1+&!"/(-%21,%3&7+#1*(&0%"&5'*(,%'&5'5',+8&9,%"&1,5',(3&'5&;-(#'*& *,(%&#.-'@.,'*.,%&0%"&);'6%1D&I).#%(,('3&#4*&0(&5%#+3&'01#(&;.)%@%-%*'*('&0(&;,.?,()8&R'*+&!"6(-()1-&
0%"&K7(,'&0%/%"+&!"/(-%*&!"&*,(%&$'%"(&0%/%"(8 #1/%"*(-., &C.5"1-1% & ".)*,1A &i=1A(3*( & 4(& '4,2'4(8( & *+1/ & %1A(3*( & 4( &5137'"18 & *+1/ &#+#% & #1 & *2.%% &
9(&#4"0&(,'5&!"&$'.)&'/('5&-%@(,*'*(&0(;-%"+8&9(&@'F'&'#()*(%&-%@(,*+6%3&2%&'F%&'2&;1*('&)+:5%&01#& )1"*(.%&;,'.%/&48(#'.%&5%"&'#(8'3%&=M02,&5(&0%'.+k9
)%"?1,&/%'6'8&!")+3&(L;(,%("6'&"(:'&0./(0%*&#+&(&0(&;,(7(,'*&/%'6'&!"&#.-(#*%/%*'*(3&#+#%&!"&)4"1-&(%&;.6%& [%'6'&%F.-'*+3&).-%*',+3&',(&#'&1,5',(&51-*(&"('=1")1,%3&0%@1%,%&;,%"&!"*1"(,%#1-&/%(6%%&;+54"*(2*%3&
'/('&'=1*.,1-3&*+,%'&2%&7(,%#%,('3&;(&#4"0&)*%"?$(,&"1&;.6%&"%5%#3&0(#%&"1&'%&;',*(&0(&"%#%&1"&);.,8&I5& 1,5'*(&0(&51-*(&)17(,%"6(8&C%"&)17(,%"6(-(&.'5("%-.,3&".%3&01$1,%-(&-%@(,(3&(L*,'?(5Z-(#6%%&2%&*.'*(&
7.)*&-%@(,&)+&'-(?&)%"?1,+*'*('&)'1&)+&%"*,1&!"&').#%(,(&#1&'-6%%8&N,'6%(&'#()*(%&-%@(,*+6%3&'5&(L'5%"'*& );%,%*(-(&)(&#."/%"?&0(&"(#()%*'*('&/%(6%%&!"&#.51"8&R'*+&0(&#(&/+&%1@%5&2%3&;(&#4*&;1*(53&/("%5&!"&
%0(%-(&#',(&#%,#1-+&!"&-15(&2%&'5&7+#1*3&!"*,:1"&7(-&)'1&'-*1-3&01;+&#15&5%:'&0%#*'*&#."2*%%"6'8 '=1*.,1-&/.)*,13&;("*,1&#+&'/(5&#."2*%%"6'&).-%0',%*+6%%3&#',(&"(&'=1*+&!"&;,.?,()1-&".)*,1&%"7%"%*8
S"*%*+6%-(&);%,%*1'-(&'1&'/1*3&'1&2%&/.,&'/('&!"*.*0('1"'&0.1+&%0(%3&,(-'*%/&-'&.,%#(&;,.@-(5+A&%0(('&
F&2%Z.;1)1-&(%3&%0(('&B9&P(.-.?%#&/.,@%"03&%0(%%&F&%&):'&0'*&"15(-(&0(&,+1&2%&%0(%%&B&%&):'&0'*&"15(-(&0(&
A%"(9 &J1&(L%)*+&@%"(&2%&,+13&#%&0.1+&%0(%&(?'-(3&0',&.;1)(8&I#()*(&0.1+&%0(%&.;1)(&'1&7.)*&2%&)1"*&
"(#()',(3&;("*,1&#+&0%"&(-(&%()(&-15%"+&!"&);%,%*1-&.,%#+,(%&("*%*+6%8&P,(@1%(&)+&*(&',F%3&#'&'-*+&0'*+&)+& T6(.#?#()-,+*+#)6&)6K,M'%
2*%%&)+&*(&;+F(2*%&0(&7.#8&P,(@1%(&)+&7%&7.)*&#4"0/'&@.-"'/&#'&)+&;,(61%(2*%&)+"+*'*('8
C'*.,%*+&'#()*(%&-%@(,*+6%&2%&'&/(2"%#(%&(L;(,%5("*+,%3&1,#+5&)#','&);,(&C%/%"%*'*(8 :')/,(51,%-(& !"0(;+,*'*(& '-(& (L%)*("6(%& '#()*1%& ?-.@3& 01;+& #(& '& ';+,1*& *.'*+& )(,%'& 0(& ;-'"*(& 2%&
C.'5"(3&#(&0(&(L;(,%("6(&*,(@1%(&)+&7'#(53&#'&)+&'=1"?(5&-'&!"6(-(;#%1"(M&H$%',&C%/%"%*'*('& '"%5'-(3&!2%&7+#1&';',%6%'&2%&.51-8&!"7+6%2',('&-1%&(,'&51-*&0(.)(@%*+&0(&'&.51-1%&0(&'F%8
;,%5+&'&*,(#1*&;,%"&'#(')*+&-1"?+3&/(2"%#+&(L;(,%("6+3&'=1"?4"0&)+:2%&)*'@%-(')#+&)(,%%-(&0(&-(?%3&#',(& H(&12.,&(&0(&?4"0%*&2%&F%)A&F&'4+,1*&27189
'#15&#."01#&-15%-(&#,('*(8&C%/%"%*'*('&"1&#(,(&0(&-'&#.;%%%&K+%&"%#%&.&?,'@+&!"&)*10%(,('&%0(%-.,& C',&#%"(&!2%&;.'*(&!"#$%;1%&#(&.;(,+&?,'"0%.')+&'&7.)*&#,(',('&*,1;1,%-.,&;,%5%-.,&.'5("%8&G'&
#."*,',(8&K;'6%1-&()*(&%"7%"%*&2%&01,'*'&.&/(2"%#%(8&C1$1-&',(&*%5;&0()*1-&)+&*.*&)*10%(F(3&;("*,1&'&)(& *%5;1-&.;.,*1"3&'1&#.@.,4*&0%"&K.',(&)*,+-1#%*(&01$1,%&!"?(,%&#.")*,1#*.,%3&#',(3&;,%"&#1".2*%"6(-(&-.,
-+51,%&!"*,:.&;,.@-(5+&.',(#',(3&#15&(&5'%&@%"(A&)+&'-('?+&2%&)+&(L(#1*(&%0(('&F&)'1&%0(('&B9
WYZ ?271"%#+,%&5%"&?(, WY[
>%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*(

)'/'"*(3&'1&5'*(,%'-%F'*&0%"&5'*(,%'&9+54"*1-1%&5'%&51-*(&*,1;1,%&15'"(3&2%&01;+&#(&-(:'1&0()+/4,2%*& '-#+*1%*&.0'*+&0%"&5'*(,%'&R"7%"%*1-1%8&!")+2%&;,%5'&C%/%"%*'*(&#,('*.',(&'&-1'*&"'2*(,(&0%"&1"'&0%"&
*,1;(2*(3&):'1&!"*,1;'*&#$%',&(-(&!"&'#()*(&7.,5(&15'"(8&K:'1&#,('*&')*7(-&5'%&51-6%&%"0%/%F%3&#',(&'1& '#()*(&;',*%#1-(&'-(&R"7%"%*1-1%8
*,+%*&#'&.'5("%3&01#4"01:2%&(L%)*("6'&;4"+&-'&'04"#%&@+*,4"(6%3&7%%"0&)1;12%&*1*1,.,&-(?%-.,&.5("(2*%3& J1&/+&*1-@1,'6%&-'&#%*%,('&'#()*(%&'7%,5'6%%3&#%&;1"(6%&,+@0',(&2%&#%*%6%&5'%&0(;',*(8&9',*%#1-(-(&0%"&
0(#%&2%&;,.#,(+,%%8 R"7%"%*&)1"*&/%%3&;("*,1&#+&)(&5%2#+3&)1"*&%"*(-%?("*(&2%&?4"0()#&!"&%"*(,%.,1-&-.,8&C',&/%@,'6%'&-.,&(&
9(&#4"0&;,%5(-(&7.,5(&15'"(&'1&7.)*&#,('6%%&:&)'13&5'%&(L'#*3&'0(/+,'*(&5'*(,%'-%F+,%&:&);%,%*(-(& 0(F.,0."'*+3&"(;1*4"01:2%&(L*(,%.,%F'&?4"0%,('3&;("*,1&'&;,.01#(&1"&-1#,1&.',(#',(8&C%"&'#(')*+&
).-',(&1,5+*.',(&):'1&!"*,1;'*&!"&*,1;1,%-(&;,.01)(&0(&;,(#(0("6%%&?("(,'*.,%&15'"%8&C1;+&.&)(,%(&0(& #'1F+3&;',*%#1-(-(&/%%&0%"&R"7%"%*&"1&'1&.&6%"*+3&1"&)#.;3&"1&1,5+,()#&1"&0,153&;("*,1&'&;,.?,()'8&S-(&
?("(,'6%%3&#.")*,1#*.,%%&).-',%&'1&;+,+)%*&9+54"*1-3&01;+&5.',*('&*,1;1-1%&-.,3&!"*.,#4"01:)(&-'&#("*,1-& ;',&'&7%&/(2"%#&)*'6%."',(3&,+54"4"0&!"&'#(('2%&)*',(&!"&/(#%%&/(#%-.,8
).-',3&0(&1"0(&'1&#.@.,4*8 !"*,(/+0&!"&5%"*('&#%*%*.,1-1%&?4"01-&#+&(L;1"(,('&5('&()*(&.&);(#1-'6%(&7%-.).7%#+8&J13&7,'*(3&".%&
H'& 0()#("0("6%& '%& -.,3 &'1& 1,5'*& -'& !"*,1;+,%&!"?(,%%&;-'"(*',%3&#.")*%*1%"0&;(& ;+54"*&. & -15(& "1&7%-.).7+53&".%&(L;(,%5("*+5&#1&'#()*(&;',*%#1-(&/%%3&#1&'#(')*+&5'*(,%(&/%(3&2%&)#.'*(5&0%" &('&
0%/%"+3&;("*,1&#+&0(2%&(,'1&.'5("%3&*.*12%&)(&@1#1,'1&0(&7'#1-*'*('&5(0%15%#+&0(&'&/(0('&2%&'1F%& !"/+6+5%"*(8&H'&'*',(3&".%&7'#(5&(L;(,%("6(3&;',#1,?(5&2#.'-'&/%(6%%&)'1&'&"'*1,%%8&[.1+3&"('/4"0&
-15('&01$1,%-.,8&a'5("%&*,1;(2*%&(,'13&2%&*.*12%&'/('1&;1*(,('&01$1,%-.,8 ;.)%@%-%*'*('&)+&;,%"0(6%&(*(,1-&2%&)+&(L;(,%5("*'6%&#1&(-3&"1&/+&,+54"(&0(#4*&)+&#,(0(6%&!"&#(-(&);1)(&
!"&7%"(3&'&).)%*&*%5;1-&,(*,'?(,%%&!"?(,%-.,&*(,(2*,%&2%&'1&1,5'*&-'&!"*,1;',(3&!"&*,1;1-&".1-1%&;,1"#3& 0(&".%8&J.1+&"1&"(&()*(&;(,5%)+&,(#.5'"0',('&0%"&,(-%?%%-(&/.')*,(A&BH,(0(&2%&"1&#(,#(*'E8&a,%&0(&
01$1,%-(&15'"(8&I)*7(-&):'&"+)#1*&.51-&/(,%*'@%-3&*,1;&'"%5'*&0(&1"&01$&15'"8&C',&#(&)%5;-13&#(& #4*(&.,%&'/(5&;.)%@%-%*'*(3&".%&*,(@1%(&)+&#(,#(*+58&C'#+&'5&;1*('3&'5&#(,#(*'&!")+2%&o%%"6'&#,('*.',(&
"(2*%1*.,&(,'&'#()*&.5M&S,'&1"&#/')%:'"%5'-8&!"6(-(;#%1"('&5',%-.,&01$1,%&#.")*,1#*.',(&'-(&#("*,1-1%& 2%&#."01#+*.',(&'&#.)5.)1-1%8&C',&2*%5&#+&'#(')*+&o%%"6+&)1;,(5+3&'0.,'*+&0(&*.6%3&;("*,1&#+&"(:'&
).-',&'&$.*+,4*&#'3&5%%&2%&5%%&0(&'"%3&)+&*,+%')#+&!"#+&;,%"*,(&'#(2*%&)+-@'*%#%&1"&5',(&"15+,&0%"&-15('& #$(5'*&-'&/%'6+&2%&#."2*%%"6+3&()*(&7.,5'*+&0%"&'#(-('2%&()("6(&0(&;',*%#1-(&/%%3&$'.*%#(&#'&2%&".%8
01$1,%-.,&'"?(-%#(8&!"*,1;4"01:)(&#'&.'5("%%3&!"?(,%%&!2%&#."01#('1&2%&%")*,1%'1&"(7(,%#%6%%&-.,&7,'6%& J(;1*4"01:"(&01#(&;4"+&-'&K7(,'&#("*,'-+&'&G'@.,'*.,1-1%&:&#'&)+&/(0(5&0%"&#(&7(-&0(&5'*(,%(&(&
%?".,'"6%8 #.")*%*1%* & H,('*.,1- & : & 2%& ;( & 0( & '-*+ & ;',*( & "(;1*4"01:"( & 01#( & ;4"+ & !" & '04"#1- & R"7%"%*1-1% & : & #' & )+&
9,%"&1,5',(3& -'&'#('&/,(5(&-15('&*(,()*,+& (,'&7.,5'*+3& !"&5'=.,%*'*(3&0%"&01$1,%&15'"(3&%',& '"'-%F+5&!")+2%&;',*%#1-'&/%(3&'2'&#15&()*(&!"&)*',('&(%&;,%5.,0%'-+&:&"(&51-615%5&)+&)*10%(5&*.'*+&
;,%"*,(&(-(&)(&'7-'1&!"*,1;'6%&2%&!"?(,%%8 ?'5'&0(&5'*(,%%&#."#("*,'*(&2%&(*(,1,%&0(&*.*&7(-1-3&#(&7.,5('F+&;-'"(*(-(3&).,%%3&7%%"6(-(&2%&01$1,%-(8&
IF%3&-15('&!"*,1;'*+3&!"&5'=.,%*'*(3&()*(&'"%5'*+&0(&01$1,%&15'"(8 C%" & '"'-%F(-( & 5(,(1 & ,(;(*'*( & 0( & 5%"( & 2% & 0( & 5%-%',0(-( & 0( & 01$1,%3 & '"'-%F( & 01)( & ;4"+ & -' & 1-*%5'&
9(&5+)1,+&#(&.51-&;,.?,()'&5("*'-&2%&(,'&!"&)*',(&)+&)(&#."01#+&)%"?1,3&-15('&'"?(-%#+&).-',+&)(& (L;,()%(3&'5&#.")*'*'*3&!"&5.0&#.")*'"*3&#+&"(&!"*4-"%5&5(,(1&#1&'#(('2%&;',*%#1-+&/%(3&#1&'#(-'2%&
,(*,+?('3&;4"+&":'&5'%&,+5')&!"*,1;'*&;(&;+54"*&"%#%&1"&!"?(,&).-',8&IF%&!"?(,%%&).-',%&5'%&/%" &-'& (8(7("*6"17+,1861"1/&#',(&15;-(&0%"&(*(,"%*'*(&R"7%"%*1-8&C(&'%#%&#."#-1F%'A&h%'.'&()*(&4,(*1*%"5("%/&
!"*,1;',(3&!"&5%)%1"%3&#4"0&'1&0(&!"0(;-%"%*&#,(',('&1".,&#1,("*(&".%&0(&%0(%3&#',(&)+&01#+&.5("%,('&#1& C+7E"*18&()*(&0%1/&@2',(8(&()*(&2&1"%*'*(&#2741)+&5%"&(8(7("*(&0%%/&1"%0(,)18&;2,7('M+&2&1"%*'*(&0%(/ &
1"&;')&5'%&0(;',*(&;(&0,151-&(/.-16%(%8 !"*,(-18&#2)72)&()*(&;2,7'*&5%"&d'*+8&#1&#24%%%&@+%/&5(&*2'*(&0E,)*(8(9
I1&*,(#1*&5%%&0(&/('#1,%3&%',&*,1;1-&.51-1%&):'&5%#2.,'*3&0',&'&0(/("%*&5'%&#.5;-(L&2%&5'%&7%"3& N,(13&7.',*(&?,(1&#1;,%"0(&5%"*('&.51-1%&%0(('&#+&.&;',*%#1-+&%"7%"%*&0(&5%#+&()*(&0.*'*+&#1&
5'%&'-()&)%)*(51-&)+1&#(,(@,'-8&N,'6%(&'#()*1%&5%"1"'*&%")*,15("*3&01$1-&;.'*(&7'#(&0()#.;(,%,%&".%3& '"15%*(&!")12%,%&2%&#1&/%'6+8&C%"&'#()*&5.*%/&')(5("('&*'%"(&"1&;.*&7%&#.51"%#'*(&.,%#1%3&0(.',(#(&
-+,?%"01:2%& 5(,(1& #45;1-& #1".2*%"6(-.,& 15'"(8& 9(& #4"0 &!"'%"*( &!2% & 01#(' &.& /%'6+& #/')%:'"%5'-+3& .51-&"1&'E&7.)*&;,(?+*%*&;,%"&"%#%&.&%0((&')(5+"+*.',(3&;("*,1&'&!"6(-(?(&')(5("('&'0(/+,1,%8
51"#%"0&2%&7.-.)%"01:2%&5%"*('&"15'%&;("*,1&!5;-%"%,('&"+F1%"6(-.,&'"%5'-(3&'#15&5%"*('&.51-1%& 9',#+&/+0&!"&5%"*('&/.')*,+&!"*,(@',('A&BH15&(&#1&;1*%"6+&#'&.&%"7%5+&;',*%#1-+&5'*(,%'-+&)+&'%@+&
)#.*.#(2*(&'04"#1-&5+,%-.,&2%&'-&#(,1,%-.,3&').#%'F+&%0(%-(3&-(&#.5@%"+&!"&7(-&2%&7(-&2%&0(01#(&'0(/+,1,%& %"*(-%?("6+DE
".%8&T"&"15+,&7.',*(&,(01)&0(&.'5("%3&!"0,+F"()#&)+&)(&!"'-6(&0(&-'&;,(.#1;+,%-(&;1,&5'*(,%'-(&!"& H'&!"*,1;'6%3&'/(6%&0,(;*'*(3&;("*,1&#+&"1&#1".'2*(6%&"%5%#&0%"#.-.&0(&5'*(,%'&/%F%@%-+8&C',&5',%-(&
);(#1-'6%%&5(*'7%F%#(&2%&5(*';)%$%#(3&0(#%&!"&)7(,(-(&);%,%*1'-%*+6%%8 G15%"%&'-(&H(,1,%-.,&'7%,5+&#1&0()+/4,2%*+&$.*+,4,(&2%&#(,*%*10%"(&#+&;',*%#1-(-(&/%%&#(&15;-1&R"7%"%*1-&
[('#1,%-(&)(&)#1,?3&*,1;1-&)(&/'&;(,7(#6%."'3&01$1-&0%);1"4"0&0(&%")*,15("*(&0%"&#(&!"&#(&5'%& )1"*&/%(*+6%&#1&7'#1-*+6%&!"&)*',(&-'*("*+3&%"*(-%?("*(&2%&?4"0%*.',(3&#+&/%'6'&(&;,(*1*%"0("%Q&#.,;&-%;)%*&0(&
@1"(8&C',& /%"(& 2%&/,(5('& 0(#-%"1-1%3&#4"0&1,5('F+&. &12.',+&0(?("(,',(3&'##("*1'*+&!"&0(#1,)1-& /%'6+&"1&(L%)*+&"%#+%(,%&!"&-15(3&"%#%&!"&R"7%"%*&"%#%&!"&o%"%*&)'1&#.)5.)8
*%5;1-1%8 & H' & 1,5',(3 & 01$1- & /' & )17(,%3 & #+#% & !2% & /' & (L(,#%*' & 5'% & ?,(1 & 7'#1-*+6%-( & !"'-*(3 & '/4"0 & 1"& C%"&'#(')*+&7'*(,%(61"1/&;,%"&#."#("*,+,%&51-*%;-(3&)(&/.,&#.")*%*1%3&!"&(*(,"%*'*(3&;',*%#1-(&5'%&5',%3&
%")*,15("*&0%"&#(&!"&#(&5'%&%5;(,7(#*8&P.*1-&)(&"'2*(3&(/.-1('F+&2%&5.',(3&;("*,1&'&)(&0()+/4,2%8 "15%*(&01$1,%3&#',(&/.,&?4"0%&.,0."'*&2%&/.,&;,.01#(&(7(#*(3&5'"%7()*4"0&.&("(,?%(&#%"(*%#+8&[.%&
!".*'6%&!"*,:1"&".%'"&0(&5%)*(,(8&H1&*%5;1-&/(6%&(/.-1'3&2*%%"6'&".')*,+&/'&;+*,1"0(&*.*&5'% &51-*&!"&
2*%%"6'&*(,()*,+&2%&/(6%&'=1"?(&)+&/+&5%"1"'6%&0(&7(".5("(-(&0(&-'&".%8&[.%&)1"*(6%&%")*,15("*(-(&".')*,(3&
;("*,1&#+&;,%"&/.%3&;,%"&*,1;1-&/.)*,1&#(&)(&#.5;1"(&2%&0()#.5;1"(3&".%&1,5+,%5&;,.#()1-&7'*(,%(%6
!"&()("6'&)'3&01$1-&()*(&7.,5'*&0%"&*,(%&;',*%#1-( 1"1&!"&-15('&/.')*,+&*(,()*,+8
I5 & );1) & #+ & /%'6' & ()*( & ;,(*1*%"0("% & 2% & 5.',*( & "1 & (L%)*+8 & R'*+ & 1" & (L(5;-1 & 0%" & #',( & )( & /' & /(0('
#+&';',("6'&!"2('-+&!"*.*0('1"'8&I(,1-3&#4"0&()*(&-%"%2*%*3&"1&)(&/(0(&2%&"1&)(&)%5*(8&C%"&'#(')*+
9+54"*1-&()*(&.&5')+&0(&01$1,%3&')(5("('&5%-%',0(-.,&0(&;-'"(*(3&).,%3&)*(-(&2%&#.5(*(3&0%"& #'1F+& ):', & ;1*('&);1"(& #+& '(,1-& (&.& 5'*(,%(&5.',*+8& a51-&)%5;-1&"%#%& "1& ',(& .&".6%1"(& 0();,(
!"*,('?'&)7(,+&'&#,('6%%-.,8&I(,1-3&';'&2%&5%"(,'-1-&)1"*&'?-.5(,+,%&%"7%"%*(&0( &#'"5%5'.%&5(&51$1,%9 & (L%)*("6'&-1%8&J15'%&#4"0&'(,1-&/'&*,(#(&0%"&)*',('&)*'*%#+&!"&)*',(&0%"'5%#+3&;,.01#4"0&#(('&#(&)(
P.*1-&!"&1"%/(,)&()*(&7+#1*&0%"&01$1,%8 "15(2*(&/4"*3&/'&%5;,()%."'&)%561-&3*'#*%-&'-&.51-1%3&%',&'#()*'&/'&);1"(&#+&'(,1-&(&/%1&;("*,1&#+
I#15&)+&/(0(5&#15&'&-1'*&"'2*(,(&1"&01$8&!"&()("6'&)'3&.,%#(&01$&)(&#.5;1"(&0%"&*,(%&;+,6%3&0%"& )(&5%2#+&2%&;,.01#(&(7(#*(8&I(,1-&5.,*&'&0'*&"'2*(,(&/4"*1-1%&/%18&H1&'-*(&#1/%"*(3&.&0'*+&#1&?,'01-
*,(%&;',*%#1-(&/%%3&#(&7.,5('F+&1"&*.*8&S-(&'1&7.)*&'-#+*1%*(&)'1&').#%'*(&0(&H,('*.,&0%"&;',*%#1-(&/%%3& 0(&0(F/.-*',(&'-&%"*(-%?("6(%&.5("(2*%3&)(&)#$%5@+&2%&;+,(,%-(&)'-(&')1;,'&*.*&#(&(L%)*+&!"&=1,1-&)+18
'@).,@%*(&0%"&#.)5.)8&H,('*.,1-&;,%5(2*(&#."*%"11&'#()*(&;',*%#1-(&#(&'1&(/.-1'*&5%-%',0(&0(&'"%3&2%& !"&#."#-1F%(3&5'*(,%'&0%"&=1,1-&".)*,1&(ã*(&1"&'?,(?'*&0(&;',*%#1-(&/%%3&0(&%"*(-%?("6(&;,.01#+*.',(
0%"&(-(&#,(('F+&5(,(1&01$1,%8&S-(&!%&).)()#&0%"&)7(,'&#.)5%#+&1"0(&2%:'1&7+#1*&2#.'-'3&(/.-16%'8 0(&%0(%&)'1&?4"01,%3&2%&#',(&0(*(,5%"+&(7(#*(8 É
K(&;1"(&!"*,(@',('A&H15&'1&-1'*&"'2*(,(&.0'*+&2%&.0'*+&'#()*(&;',*%#1-(&5'*(,%'-(&%"7%"%*&0(&5%#%3 9',*%#1-'&0%"&R"7%,%%*Z',(&;,%"&('&!")+2%&.&("(,?%(&;.*("6%'-+3&#',(&:&*,(#4"0&!"&-15%-(&#,('*(&,&0(/%"(&
2%&*.*12%&/%%D : .&("(,?%(&0%"'5%#+3&0(/%"(&#'1F'&'&0%7(,%*(&(7(#*(8&C%"&'#()*(&4',*%#18(61"1/&P'*+-&#,('*.,&7.,5('F+&
P.'*(&5',%-(&-15%"%&'"?(-%#(&,+);1"0A &C',*%#18(8(&0%%&'1&4,20("%*&5%"&=";%"%*18&#(&!"#2"G2',+& 5(,(1&1"%*+6%&*,(%5%#(3&#',(&!"#(;&)+&/%@,(F(&0%"&#(&!"&#(&5'%&'##("*1'*3&5'%&,';%03&;(&5+)1,+&#(&(-(&
);(,'&#1&#,('.%%&)'1&#2)72)18/&5',&?%"(&8(6'&;+#1*/&(&1"&7%)*(,9 ;,.?,()('F+8&9,%"&#."#("*,+,%&51-*%;-(3&'#()*(&;',*%#1-(&*,(%5%F'*(&/.,&0'&"'2*(,(&-'&*.'*(&#.,;1,%-(&
K+&%")%)*+5&;16%"&')1;,'&'#()*(%&*'%"(&'&*'%"(-.,8 0%"&"'*1,+8
P.'*(&)*(-(-(&2%&;-'"(*(-(&0%"&#(-(&;'*,1&1"%/(,)1,%3&/+F1*(&2%&"(/+F1*(3&2%&*.'*(&7(-1,%-(&0(&(*(,1,%& R"7%"%*1-&()*(&#',%(,+&)'1&#.5.','&0%"&#',(&C%/%"%*'*('&%'&5(,(1 &7'*(,%(&4,%7+/ &;("*,1&'&#,('&
7.,5('F+3 & !5;,(1"+ & #1 & K7(,' & 0%/%"+ & )'1 & G'@.,'*.,1- & -15%-.,3 & . & )7(,+ & 1,%'2+3 & 0("15%*+ &#2)72)9 & 01$1,%3&'*.5%3&5.-(#1-(3&;-'"(*(3&)*(-(3&1"%/(,)1,%8
I#(')*+&)7(,+3&#.)5.)1-3&;-1*(2*(&#'&1"&@'-."&!" &=";%"%* &)'1 &D'2)9 &I#()*&R"7%"%*&"1&()*(&?.-3&#%3&-'& !"/4,*%"01:)(&!"&=1"%%&'L(%&)'-(3&#'&2%&9+54"*1-3&)7(,':#.)5.)&;,.01#(&.&'@).,@6%(3&')(5+"+*.',(&
,4"01-&)+13&(&;-%"&0(&.&;1-@(,(&"(!"#$%;1%*&0(&0(")+3&7.,5'*+&0%"&;',*%#1-(&%"7%"%*&0(&5%#%8 1"1%&0%"'58&C%"&'#(')*+&#'1F+3&;',*%#1-(-(&0%"&R"7%"%*&)1"*&'*,')(&!"&%"*(,%.,1-&)7(,(%&#.)5%#(8&H15&
K7(,':#.)5.)&()*(&%"%5'?%"'@%-&0(&5',(3&0',&7'6+&0(&R"7%"%*3&(&#4*&1"&'*.5&7'6+&0(&1"%/(,)1-& 1"%/(,)1,%-(&)(&!"/4,*()#&e!"&=1,1-&'L(%&-.,3&7%(#',(&1"%/(,)&'@).',@(3&-'&,4"01-&)+13&;',*%#1-(&$'.*%#(&
".)*,13&2%&;.'*(&#.5;','6%'&(&%")17%#%("*+8&9,%"&1,5',(3&0(&.&;',*(&)(&'7-+&=";%"%*18/&2%&0(&'-*'&`%"%*18/ 0%"&#45;1-&#.)5.)1-1%8&R"&7%"(3&K7(,'&0%/%"+&)'1&G'@.,'*.,1-3&'/4"0&2%&('&.&5%2#',(&0(&,.*'6%(3&#1
WY\ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&:&F&521'&#',*( ?271"%#+,%&5%"&?(, WYT

.&/%*(F+&(".,5+3&'@).',@(&;',*%#1-(-(&$'.*%#(&0%"&%"*(,%.,1-&1"%/(,)1,%-.,8&>(0(,('&;',*%#1-(-.,&$'.*%#(& (*#8 &P.* &1"16*,(%7%# &(& !"& *.'*( & #'F1,%-(3 &0',& ').#%(,('& #(-., & *,(% & ;',*%#1-(& ()*(& 7+#1*+ & !" & 0%7(,%*(&
;,%"&'#()*(&;'*,1&)7(,(&:&R"7%"%*3&#.)5.)3&1"%/(,)1,%&2%&G'@.,'*.,&:&01,('F+&.&%"7%"%*'*(&0(&5%-%',0(&0(& 5.01,%8 &G' & (L*(,%., &"1 &(L%)*+ &"%#% & . & 0(.)(@%,( & !"*,( & 1" & 01$ & 0(& ;%'*,+ &)'1 & 0( & !"?(,3 & #((' & #( & -(&
'"%3&(-(&;,.?,()4"0&0%"&*,(';*+&!"&*,(';*+8&C1;+&*(,5%"',('&1"(%&?'5(&%"7%"%*(&0(&7.,5(&0(&/%'6+3& 0(.)(@(2*(&()*(&"15'%&.,4"01%,('&-.,&%"*(,%.',+8
;',*%#1-(-(&$'.*%#(&'=1"?&:&!"&7%"(&:&!"&;,'?1-&0(&'&)(&7'#(&0%"&(-(&1"&01$8&I)*7(-3&;',*%#1-(-(&$'.*%#(& a,?'"%F'*.,%%&#("*,'-%&:&P+*',1-&2%&U'5',1-3&#(-(&0.1+&#.-(#*%/%*+6%&0(&5',%&C1$1,%&:&'2('F+&!"&
'1&*,(#1*&0%"&R"7%"%*&!"&#.)5.)3&0%"&#.)5.)&!"&1"%/(,)3&2%&0%"&1"%/(,)&!"&K7(,'&0%/%"+8 %"*(,%.,1-&01$1-1%&#(-(&*,(%&;',*%#1-(3&!"*,:1"&'"15%*&5.03&01;+&%"*("6%'&0(&'&7.,5'&1"&01$&.',(#',(3&
C(&'#1,"e&;',*%#1-'&/%(&!"#(;(&.&".1+&#',%(,+8&S'&/'&0(/("%&.&1"%*'*(&#."2*%("*+&2%&0.,%*.',(&0(& *,%5%)&)+&'#*%/(F(&!"*,:1"&'"15%*&5(0%1&'-&)7(,(%&#,('*(8&C(&'%#%&5',('&?'5+&0(&01$1,%&5%"(,'-(3&
;(,7(#6%1"(8&R"&'#()*&)#.;3&;',*%#1-'&'=1")+&#1&(/.-16%'&;4"+&!"&;,'?1-&0(/("%,%%&0(&);%,%*&)'1&01$3&()*(& /(?(*'-(3&'"%5'-(3&15'"(3&'"?(-%#(3&o%%&0(&C15"(F(1&(*#8
'@).,@%*+&0(&K7(,':U'5',3&0(&1"0(&()*(&'*,')+&0(&9(#*.,'-&2%&';.%&0(&K7(,'&#("*,'-+&'&G'@.,'*.,1-1%3&
'0%#+&0(&P'*+-8&P'*+-&'01"+&*,(%&;',*%#1-(&0%"&'#(')*+&;1-@(,(&/%(3&(/.-1'*+&!"&5%-%',0(&0(&'"%3&2%&;,%"&
;1*(,('&K'&-(&'-%;(2*(&1"'&0(&'-*'3&7.,54"0&1"&*.*3&"15%*&)4%,%*&)'1&51$9
H'&)+&#1".'2*(5&#(&()*(&!"&=1,1-&".)*,13&*,(@1%(&5'%&!"*4%&)+&"(&#1".'2*(5&;(&".%&!"2%"(8&I#(')*+& C1$1-&%"7(,%.,&()*(&0.5%"'*&0(&-("(&%"*(-(#*1'-+3&0',&'#(')*+&-("(&0(&?4"0%,(&!%&0+&!"&)#$%5@&
1"%*'*(&*,(%5%#+3&7+#1*+&0(&P'*+-&5(1&#(,()#3&()*(&()("6'&0%"&#',(&)1"*&7.,5'*&(13&01$8&H(&;1*(,(3&#(& ;.)%@%-%*'*('&1".,&5',%&'#*%/%*+6%&5'*(,%'-(8&9')%/%*'*('&%"*(-(#*1'-+&#'"'-%F('F+&("(,?%'&/%,*1'-+&'&
?4"0%,(3&#(&!"6(-(;#%1"(&',(&P'*+-&#'&0%"&*,(%&1"%*+6%3&;',*%#1-(&/%%3&)+&7'#+&.&1"%*'*(&*.*&%"7%"%*&0(&5%#+3& *,(%5%#(%&7.,6(&);,(&5'*(,%(8&H1&#4*&01$1-&()*(&5'%&@+*,4"3&5'%&(/.-1'*3&'#*%/%*'*('&)'&%"*(-(#*1'-+&
0',&;(,7(#*+3&5'%&!"6(-(';*+&2%&5'%&;1*(,"%#+&0(#4*&7%(#',(&0%"&(-(3&;1*4"0&'#15&-1#,'&')1;,'&5'*(,%%-.,& ()*(&5'%&%"*(")+3&!-&'*,'?(&);,(&);%,%*1'-%*'*(&2%&!-&!"0(;+,*('F+&0(&5'*(,%(8&C1$1-&%"7(,%.,&/'&7%&7(,%#%*&
0%"&=1,1-&(%3&@'&#$%',&2%&')1;,'&)(5("%-.,&(%8&C%/%"%*'*('&'&-1'*&.&1"%*'*(&0%"&R"7%"%*&2%&'&#.5@%"'*:.&#1& )%56%"0&(7(#*(-(&5'*(,%(%3&%',&01$1-&)1;(,%.,&#'1*+&)+&0.5%"(&5'*(,%'8&C1$1-&%"7(,%.,&5'%&!"*4%&;1"(&
.&'-*+&1"%*'*(&0%"&o%%"6'&K'3&;,./("%*+&#4"0/'&*.*&0%"&R"7%"%*3&2%&-'&'#()*(&0.1+&'&'0+1?'*&!"#+&.&1"%*'*(3& !"&5%2#',(&("(,?%'&)'&')1;,'&5'*(,%(%&!"#."=1,+*.',(&2%&;(&1,5+&/(0(&#(&(7(#*(&):'1&"+)#1*3&%',&01$1-&
'&*,(%'3&'@).,@%*+&0%"&U'5',3&7.,54"0&0%"&*.'*(&*,(%&.&1"%*'*(&*,(%5%#+3&"15%*+&51$9 )1;(,%.,&2*%(&#+&)*4,"%"0&.&'"15%*+&#'1F+3&/'&.@6%"(&(7(#*1-&#.,();1"F+*.,8&91"4"0&!"&=.#&5'%&!"*4%&
G'&1"1-3&;',*%#1-+:("(,?%(&0%"&R"7%"%*3&):'1&'0+1?'*&0.1+&;',*%#1-(3&*.*&0%"&R"7%"%*3&0',&;,(-1#,'*(& 2*%%"6'3&2%&;(&1,5+&("(,?%'&)'3&01$1-&)1;(,%.,&#.5'"0+&5'*(,%(%3&0(&-'&#('&7%"+&;4"+&-'&#('&5'%&01,+8&
0(& 0%/%"1-& H,('*.,8 &G'&1"1-3 &("(,-%(& $'2*%#+&"(1*,+/ &P'*+-&'&'0+1?'*& ;(&1"1-&: &4',*%#18+& '#*%0+& C1$1-&%"7(,%.,&()*(&,.@1-&5'*(,%(%3&01$1-&)1;(,%.,&#,(('F+&'"15%*(&7.,5(&0(&5'*(,%%8&a51-&%"7(,%.,&
;,./("%*+&0%"&K7(,':P'*',&2%&;(&1"1-&6&4',*%#18+&4')%0+&;,./("%*+&0%"&K7(,':U'5',8&N"18&0%"&R"7%"%*&'& ,(12(2*(&-'&!"*45;-',(&)+&7%"'-%F(F(&.&-1#,',(8&a51-&)1;(,%.,&,(12(2*(&;,%"&#1".'2*(,('&#'1F(-.,&#',(&
0'*&"'2*(,(&1"1%&N"1&;%"%*/&1"(%&7%%"6(&/%%3&#',(&):'&1"%*&#1&1"18&'#*%0&0(&-'&P'*+-&2%&#1&1"18&4')%0&0(&-'& 01#&-'&,(12%*+8
U'5+3&7.,54"0&1"&*.*3&.&1"%*'*(3&#(/'&5'%&5',(&2%&0(&.&%"*(-%?("6+&;(,7(#*+8 C(&'%#%&#."#-1F%'&#+&(L%)*+&0.1+&7(-1,%&0(&.'5("%A&<8&4')%0%]&V9&'#*%0%9
9(&#4"0&%"*(-%?("6'&"(1*,+&'&$'.)1-1%&;,.01#('&-'&-.#1-&(%&0(&.,%?%"(3&!"&R"7%"%*3&.&5%2#',(&-%;)%*+&0(& 9')%/1-3&01$&!"*,1;'*3&;16%"&(/.-1'*3&!-&#1".2*%&;("*,1&#+&!-&'*,'?&;-+#(,%-(&;,.01)(&0(&5'*(,%(8
6(-3&'=1")+&!"&#45;1-&#.)5.)1-1%3&!"*,:1"&".1&5(0%13&('&/%@,('F+&.,0."'*3&,%*5%#3&#1&1"0(&(?'-(3&!"& I#*%/1-1%3&01$&(/.-1'*&!"*,1;'*3&0'#+&C%/%"%*'*('&!%&.7(,+&!"&#'-('&/%(6%%&5'*(,%(&0%"&@(-21?3&(-&.&
*%5;&(?'-8&N,'6%(&'#()*.,&4',*%#18(61"1&a&)%5;-(3&5%#,.)#.;%#(&2%&%"0(;("0("*(&1"(-(&0(&'-*(-(3&#(& ;1"(&2%&-'&0%);.F%6%'&)(5("%-.,&)+%Q&(-&*,+%(2*(&2%&;("*,1&'-6%%8
/., &(/.-1'&2%&0(/("%& ;1F0(,%(&: &!"*,(?&#.)5.)1-&/%@,('F+& 1"%7.,58&H1 &7.,6'&;,.01)+ & 0(& '#(')*+& a51-&%"7(,%.,&;.'*(&7'#(&'/(,(3&;("*,1&#+&!%&;-'#(3&.&%1@(2*(&0%"&*.'*(&;1*(,%-(&)17-(*1-1%&)+13&0',&
%"7%"%*+&*.*'-%*'*(&0(&/%@,'6%%3&H,('*.,1-&'&#,('*3&#,(('F+&2%&/'&#,('&!"&/(#%%&/(#%-.,&*.*1-&!"&-15(8&C1$1-& !"&'#(')*+&'#151-',(&0(&'/(,(&()*(&'=1*'*&0(&01$1,%-(&%"7(,%.',(8&C'#+&!"&0()*%"1-&.51-1%&)1;(,%.,&(&
*,+%(2*(&!"*,:.&'4+&0%(/&#(&15;-(&1"%/(,)1,%-(8 ;,(/+F1*&)+&'%@+&'/(,(3&;("*,1&'&;1*('&,('-%F'&.;(,(&).#%'-(3&'#(')*+&'/(,(&%:.&;1"(5&-'&0%);.F%6%(&
9',*%#1-(-(&0%"&R"7%"%*&'/4"0&.&?4"0%,(e&%"*(,%.',+&2%&.&5%2#',(&0(F.,0."'*+3&'#*%/%*'*('&-.,&"1&)(& ".%3&01$1,%-(&)1;(,%.',(8
;1*('&*,'01#(&;,%"&"%5%#&!"&(L*(,%.,1-&-.,8&!"&)#$%5@&?4"0%,('&1"181%&*,(%7%M'*/&'0%#+&'&01$1-1%3&()*(&.& 9')%/%% & 0%" & -15(' & /.')*,+3 & )1"* & ;')%/% & 2% & !" & -15(' & ".')*,+3 & .,%#4* & 0( & %"*(-%?("6% & ', & 7%3 & #+#%&
?4"0%,(&.,0."'*+3&;,.01#4"0&(7(#*(&/.%*(8&J.%3&01$1,%-(3&;1*(5&;,.01#(&.,%#(&'#6%1"(3&@'F'6%&;(& %"*(-%?("6'&"1&!")('5"+&"(';+,'*&2%&1"&?,'0&!"'-*&0(&(/.-16%(8&K(&;.'*(&#'&1"&)'-'$.,3&1"&$.63&1"&
%"*(-%?("6'3&/.%"6'&2%&;1*(,('&".')*,+3&"15%*+&("(,-%(&#%"(*%#+9 2',-'*'"&)+&7%(&7.',*(&%"*(-%?("*3&7.',*(&%)#1)%*Q&#1&*.'*(&'#()*('3&;1*(,('&0(&?4"0%,(3&0(&#."#(;6%%&
J.%&)1"*(5&5(,(1&)1@&;1*(,('&%"7%"%*+&'&P'*+-1%&".)*,13&%',&7'*(,%'61"1/&)1@&*.'*(&)*+,%-(&(%3&()*(& !"'-*(3&'@)*,'#*(3&!%&()*(&7.',*(&,(01)+8
)1@ & ;1*(,(' &%"*(-%?("6(% &2%& /.%"6(%& ".')*,(8& 9("*,1& ' &;,.?,()'3 &P'*+- &"(& ;,./.'#+ &-' &51"#+3& ;,%"& C1$1,%-(&)1;(,%.',(&)(&!"*,1;('F+&0()&"15'%&!"&#'F1,%&0(&5%)%1"%&);(#%'-(Q&!"&?("(,'-&(-(3&71?&0(&
7-1%0(-(&K'-(&(-(#*,%#(&2%&5'?"(*%#(3&%',&".%&;1"(5&!"&5%2#',(&.,0."'*+&%"*(-%?("6'4',*%#18(82,61"1/& /%'6'&0%"&5%=-.#1-&5'*(,%(%&01,(&2%&'&'5+?%,%-.,&(%8&C1$1-&%"7(,%.,&(&0.,%*.,&)+&/%"+&#4*&5'%&#1,4"0&-'&
/("%*(&0%"&R"7%"%*8&P.*1-&)(&!"-+"61%(3&*.'*(&'#6%."('F+&;(&)#',+&0()#("0("*+3&1"(-(&')1;,'&#(-.,-'-*(3& ,(!"*,1;',(3 & #' & )+ & '%@+ & ;',*( & 0%" & ".1 & 0( & #')(3 & @'"%3 & .".,1,%3 & ;-+#(,%3 & 7,+54"*+,% & ;.-%*%#(8 & a51-&
#(-(&)1;(,%.',(&')1;,'&#(-.,&%"7(,%.',(8 )1;(,%.,&'-(',?+&01;+&$,'"+&);%,%*1'-+3&#15;+,+&.&#',*(3&;',*%#%;+&-'&#."7(,%"6(3&1,5+,(2*(&(5%)%1"%&
K;%,%*(-(&0(&#1,4"0&"+)#1*(&'@%'&)(&5%2#+3&0(.',(#(&":'1&#1".'2*(,(3&":'1&)%?1,'"6+3&0(#%&/,4"0: #1&#."6%"1*&(F.*(,%#3&#'1*+&)+&'7-(3&)+&!"/(6(&5(,(18&S-&"1&',(&"(/.%(&)+&7'#+&2#.'-+&;(&;%(-('&-1%3&#%&
"(/,4"0&'1&*("0%"6(&0(&.;,%,(3&0(&(F%*',(3&0(&;')%/%*'*(8&H1&#4*&1"&01$&()*(&5'%&@+*,4"3&#1&'*4*&()*(& #1-(?(&!"/+6+5%"*(&0%"&)17(,%"6(-(&#(-.,&"(;,%#(;16%8
5'%&-15%"'*3&5'%&2*%1*.,3&5'%&)%?1,3&5'%&*',(&;(&/.%"6'&)'&2%&5'%&'#*%/8 9')%/1-&!"/'6+&)17(,%"03&'#*%/1-&!"/'6+&#1?(*4"0&2%&)*10%%"0&)17(,%"6'&;')%/1-1%8
K;%,%*(-(&*%"(,(3&;')%/(3&)1"*&'*,')(&0(&5'*(,%(&2%&!"&);(#%'-&0(&5'*(,%'&).-%0+8&C1;+&(/.-16%%&
5%-("',(3&01$1-&*4"+,&*,+%"03&)17(,%"03&)*10%%"0&5'*(,%'&0(&*.'*(&*,(;*(-(&:&0(&-'&).-%0&;4"+&-'&(*(,1-&
#(-&5'%&0%'7'"&:&!"/'6+3&)(&);%,%*1'-%F('F+3&2%&"1:<&5'%&'*,'?(&5'*(,%'&%"7(,%.',+8
G15%-(&)(&#."01#&;,%"&;1*(,('&)1?()*%(%

9',*%#1-'&).)%*+&0%"&R"7%"%*&'&7.)*&'*,')+&5'%&!"*4%&!"&#.)5.)3&0(&'%#%&!"&1"%/(,)3&;4"+&-'&?-.@1,%-(& H1".2*%"6(-(&-15%%&#(,1,%-.,&)1"*&#'&.&#.5.',+&!"#1%'*+&#1&51-*(&-'#+*(8&C'#+&"1&;.)(F%&#$(%'&"1&
).-%0(8&C1;+&#(&'&0(/("%*&0%"&1"1&*,(%&2%&0%"&*,(%&".1+&:&'0%#+&):'&').#%'*&!"&1"%*+6%&0%"&#(&!"&#(&5'%& /(%&'7-'&'#()*(&#1".2*%"6(Q&%',&'#(')*+&#$(%(&)(&?+)(2*(&"15'%&!"&-15('&".')*,+&)1;(,%.',+8
5',%3&;("*,1&'&7.,5'&?'5'&"()74,2%*(-.,&5'*(,%%&(*(,%#(&:&'&0'*&"'2*(,(&01$1,%-.,3&1"%*+6%&*,(%5%#(8 U'*(,%'&(L%)*+&;,(*1*%"0("%8&S'&)(&','*+&;(&.&)#',+&%"7%"%*+&0(&#."0(")+,%&2%&;.'*(&7%&"15%*+&!"&7(-&
91*(6%&)+&/+&7'#(6%&.&%0((&#4*(&1"%*+6%&*,(%5%F'*(&)(&'7-+&!"&;%'*,'&1"1%&0%'5'"*&#(&!5;.0.@(2*(&1"& 2%&7(-&0(&#$%;1,%8&[.%3&!"*,1;'6%%3&'"'-%F'6%&#1&)%561,%-(&/.')*,(&5'*(,%'&*(,()*,+&0%"&=1,1-&/.)*,18&J.%&
%"(-D&J1M&K1"*&5%-%',0(M /(0(53&)%56%5&2%&'"'-%F+5&5'*(,%'&0%"&=1,1-&".)*,18&C',&01$1-&#',(&7'#(&'#()*(&0.1+&'"'-%F(&()*(&
P.'*(&1"%*+6%-(&0%"&1"%/(,)&'1&;,./("%*&0%"&1"18&:&).)%*&0%"&R"7%"%*&:&;(&#'-(&0(&#."#("*,+,%&2%&';.%& 1"1-&2%&'#(-'2%8
;,(-1#,'*(&!"&1"%*+6%&.,?'"%F'*(8 H.@.,4"0&0%"&K7(,'&#("*,'-+3&01$1-&!5@,'#+&$'%"+&01;+&$'%"+3&0%"&#(&!"&#(&5'%&?,.')+3&5'%&
H(%&0(&=.)3Z0(&)1@&".%3&%")*,15("*(-(&".')*,(3&#..,0."('F+&'#*%/%*'*('&".')*,+&#1&'&-.,&2%&".%& 0(")+8&C%"&#'1F'&1-*%5(-.,&)'-(&$'%"(&*(,()*,(&:&#('&/%*'-+&2%&5%"(,'-+&:&01$1-&"1&5'%&',(&;.)%@%-%*'*('&
1,5+,%53&!"&/(2"%#%(3&;,.#()1-&#.5;1"(,%%&2%&0()#.5;1"(,%%&7'*(,%(%61"1/&"(51,%*.',(&2%&!"&/(2"%#+& )+:2%&/'0+&#.,;1-&);%,%*1'-8&S-&"1:2%&/'&/(0('&0(#4*&*,1;1-3&$'%"'&;(,%7(,%#+8
;,(7'#(,(8&R"&H("*,1-&0%/%"&)(&;(*,(#&*.'*(&0()7'#(,%-(&2%&').#%(,%-(3&!"&/(0(,('&".%-.,&#,('6%%3&*.*&5'%& C1;+&#15&!"*,1;'*1-&"1:2%&/(0(&#.,;1-&);%,%1'-3&*.*&'2'&01$1-&"1&/(0(&1"&);%,%*&)1;(,%.,3&5'%&7%"&
;(,7(#6%."'*(8&U%"1"%-(&;(*,(#1*(&'#.-.&"1&;.*&7%&#1;,%")(&0(&".%3&0',5%*(&0(&5%"*('&/.')*,+3&@%(6%& 0(#4* & (-8 & C1;+ & #15 & .51-3 & "(/+F4"0 & 01$1,%-(3 & );1"( & #+ & (-( & "1 & (L%)*+3 & *.* & '2' & 1" & 01$ & %"7(,%.,3&
!"*,1;'6%8 &N"18/ &;',*%#1-'&0%"&R"7%"%*3&)(&#.5@%"+&!"*,:1"&'"15%*&5.0&#1&#(-(-'-*(&0.1+&:&;("*,1&'& "(/+F4"0&01$1-&)1;(,%.,&2%&"('1F%"01:%&/.,@%,('3&/'&);1"(&#+&0(')1;,'&)'&"1&5'%&(L%)*+&'-*(&| ,%Y0(&0(&
7.,5'&1"&01$&5%"(,'-3&2%&!"*,:1"&'-*&5.0&:&;("*,1&'&7.,5'&1"&01$&/(?(*'-3&'"%5'-3&15'"3&'"?(-%# 01$1,%8&C(&#(D&9("*,1&#+&(-&"1&;.'*(:;(,#(;(&.&5'*(,%(&)1;(,%.',+8&C%"&'#(')*+&#'1F+3&01$1-
*.- >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"&?(,
WZU

)1;(,%., &#."01#(&01$1,%-(&%"7(,%.',(3&#',(&"1&%&)(&;.*&.;1"(3&;("*,1&#+&"1&2*%1&0(&;,(F("6'&-1%3& #4"0&/,(%&)+&-(&0'%&.,0%"3&#15&)+&.&7'#%3&0'#+&"1&*(&/+0D&R',&0'#+&*(&7'#%&/+F1*3&*(&#.")%0(,+&(?'-&#1&(%&


"(/+F4"01:<3&"()%56%"01:<3&"('1F%"01:%&/.,@%,('&);%,%*1'-+8 2%&"1&)(&)1;1"&.,0%"1-1%8
C',&#15&#."01#(&1"&01$&)1;(,%.,&;(&1"1-&%"7(,%.,D&9,%"&)1?()*%(8&K1?()*%'&"1&()*(&1"&.,0%"3&#%& C%/%"%*'*(' & ' & #.")%0(,'* & #+ & ( & 5'% & @%"( & #' & 01$1- & %"7(,%., & )+ & "1 & 2*%( & 0( & (L%)*("6' & 1"(% & -15%&
1"&!"0(5"3&1"&%5@.-03&*,'01)&!"&01$1-&%"7(,%.,&)1@&7.,5+&0(&%0(%&)'1&#1?(*+,%8 )1;(,%.',(3&0',&)+&;,%5(')#+&0(&-'&01$1-&)1;(,%.,&)+54"6'&?4"0%,%%3&#,(F4"0&#+&#(('&#(&):'&"+)#1*&!"&
T"&01$&.',(#',(&2.;*(2*(&1"1%&7,'*(&5'%&5%#&%0(%&%"'10%@%-(8&I#()*(&%0(%&,+)',&!"&7%%"6'&01$1-1%& 5("*'-1-&)+1&(&;,.;,%'&)'&%0((3&2%&)+&F%#+A&BR'*+3&5%:'&/("%*&.&%0((Q&%'&)+&.&;1"&!"&-1#,',(3&#+#%&(&
%"7(,%.,&2%&(-&#,(0(&#+&(&;,.;,%'&)'&?4"0%,(8&!"&-15('&;+54"*1-1%&')(5("('&%0(%&"+)#1*(&!"&)4"1-& 5%"1"'*+8E&S-&#,(0(&#+&(&%0(('&)'3&0',&!"&,('-%*'*(&(L(#1*+&.&%0((3&.&?4"0%,(&71,%2'*+&!"&01$1-&)+1&0(&
01$1-1% & )( & "15()# &)1-()*%% &)'1 &42,"%,%9 &K1?()*%' & ()*( & %0((' & 1"1% & 01$ & )1;(,%., & : & 0(#% & %"/%F%@%-& 1"&01$&)1;(,%.,3&"(/+F1*8
:*,'")5%)+&1"1%&01$&%"7(,%.,8&K1@&%5;1-)1-&'#()*1%&%5@.-03&%"7(,%.,1-&;1"(&!"&-1#,',(&?4"0%,('&,();(#*%/+3& !"&-15('&01$1,%-.,&)(&)1?(,('F+3&2%&"1&)(&#.5'"0+&#'&!"&-15('&/.')*,+&*,1;(')#+3&1"0(3&!"&1,5'&
#,(F4"0&#+&(&;,.;,%'&)'&#1?(*',(8 .,0%"(-.,3&)(&#1-(?(&.;1"(,(&2%&,(/.-*+8&!"&H(,&"1&)(&.,0."+3&#%&"15'%&)(&)1?(,('F+8
C(&51-*(&.,%&):'&!"*45;-'*&1"1%&.5&0%"&-15('&*,1;(')#+&)+&)%5*+&%5@.-01-&0(&'&7'#(&.&'#6%1"(3&2%&
01;+&#(&'&7+#1*:.3&!%&;',(&#%10'*&#+&'&;1*1*&)+&7'#+&1"&-1#,1&#."*,',&"'*1,%%&)'-(8
I2'&()*(&.,?'"%F'*&1"%/(,)1-A&)1;(,%.,1-&!-&#."01#(&;(&%"7(,%.,8&F&(L(#1*+&)1?()*%'&-1%&B/&7+,+&)+&
@+"1%')#+&%"7-1("6'&-1% &B9 &G'&,4"01-&)+13 &B &(L(#1*+&%5@.-01-&?4"0%,%%&-1% &?/ &%',+&)+&2*%(&#+&()*(& 9',*%#1-(-(&/%%&'&6&'8;'/&cW&6&A(*'&2%&z&:&-'7'
5'"(/,'*&;,%"&=.#1-&%0(%-.,3&*.*&'2'&#15&2%&(-&)1?(,('F+&01$1,%-.,&0(&)1@&(-8&>%&'2'&)(&;,.#(0('F+&
0()#("0("*3&0%"&*,(';*+&!"&*,(';*+8 R"7%"%*1-&(&;-%"&0(&;1-@(,(&$'.*%#+8&9(&*.*&#1;,%")1-&R"7%"%*1-1%&)*+;4"(2*(&.&*+#(,(&!"7%.,+*.',(&2%&
R(,',$%'&);%,%*1'-+&)(&;.'*(&#.5;','&#1&.&)#',+8&H(-&0%"&/4,71-&)#+,%%&/(0(&*.'*(&01$1,%-(&0(&;(& 1" & !"*1"(,%# & 0()+/4,2%*8 & o%(#',( & ;',*%#1-+ & )*+ & #' & ;%,."%*+ & -.#1-1%3 & 04"0 & %5;,()%' & #+ & ( & . & 5'*(,%(&
*.'*(&*,(;*(-(&0(&)1@&(-8&H(-&0(&;(&1-*%5'&*,(';*+&"1&/(0(&"%#%&1"&01$&'7-'*&;(&*,(';*'&)1;(,%.',+3&0(#4*& 5.',*+8&I#(')*'&(&"15'%&';',("6'8&R"&,('-%*'*(3&*.'*(&;',*%#1-(-(&)1"*&/%%3&;("*,1&#+&'1&.&;'-;%*',(3&.&
;(&#(%&'2(F'6%&;(&'#(('2%&*,(';*+&#1&(-8&G'&,4"01-&-.,3&#(%&0(&;(&;("1-*%5'&*,(';*+&/+0&;(&#(%&0(&;(& 12.',+&5+,%,(&2%&5%#2.,',(&'&/.-151-1%&-.,&)7(,%#8&P.'*(&)1"*&%"*(-%?("*(3&0(.',(#(&?4"0()#&!"&)%"('&
1-*%5'& *,(';*+3 & 0', &"1 & /+0& ;( &#(% &0( &;(& *,(';*'& )1;(,%.',+8 & o%(#',(& 01$3 &0(& ;(& 1"'& 0%" &*,(;*(-(& -.,3&2%&*.*12%&"1&2*%1&#(&(L%)*+&!"&'7','&-.,3&0(&=1,:!5;,(=1,1-&-.,8
5%=-.#%%3&/'&#.")*'*'&#+&#(-&0(&)1@&(-&()*(&)1,0&2%&.,@&7'6+&0(&*.'*(&01$1,%-(&0(&;(&*,(;*(-(&5'%&!"'-*(8& C(&1"0(&'1&/%'6+&'#()*(&;',*%#1-(&%"7%"%*&0(&5%#%D&C',&5'%&;,()1)&0(&*.'*(3&H%"(&'&7+#1*&'#(')*+&
G'&#';+*1-&%"7(,%.,3&;(&1-*%5'&*,(';*+&'&'#()*(%&)#+,%&)(&'7-+&.51-&*,1;()#8 5'*(,%(&/%(&'&R"7%"%*1-1%D&J.%&"1&2*%58&9.'*(&5',%%&W(%&H,('*.,%&0%"&K7(,':G'@.,'*.,&)+&2*%(8&9.'*(&#+&
C1$1-&!"*,1;'*&*,+%(2*(3&?4"0(2*(&2%&-1#,('F+8&S-&#,(0(&#+&-1#,('F+&01;+&;,.;,%1-&)+1&%5@.-0&)'1& "15'%&P'*+-&#(,()#&2*%(&#15&):'&7+#1*&R"7%"%*1-3&"(5+,?%"%,('&)'&7+,+&0(&)74,2%*&2%&/(2"%#%'&)'&7+,+&0(&
,(7-(#*',(8&!"&,('-%*'*(3&-1#,1,%-(&)1"*&!"&'2'&7(-&)*'@%-%*(&0(&C%/%"%*'*(&#'&.51-&)+&)(&#."01#+&!"&/%'6+&2%& .;,%,(8&J.%&'*4*'&2*%5A&C',*%#18(8(&5%"&=";%"%*&)1"*&0%%&3%&"1&;'#&5(#E*&)+&)(&17;8(&3%&5(M17;8(9&J.%&"1&
01;+&)1?()*%%-(&*,'")5%)(&0(&#(%&0.%&/(?$(*.,%&'%&)+%&:&#(-&0(&0,(';*'&2%&0(&)*4"?'&:&%0(%&;(&#',(3& ;1*(5&)+&"(&01#(5&;4"+&!"&5%=-.#1-&R"7%"%*1-1%3&;("*,1&'&)*10%'&;',*%#1-(-(&/%%&-'&-.#1-&-.,&0(&.,%?%"(3&
7,+54"*4"01:-(&!"&)%"('&-1%3&)+&)#.'*+&0%"&(-(&.&#."#-1F%(&*,'01)+&;,%"*,:.&'#6%1"(8&N4"0%,('&.51-1%& 0',&0(01#(5&!")12%,%-(&-.,&01;+&)*10%%-(&7+#1*(&')1;,'&;',*%#1-(-.,&".1&).)%*(3&;,.');+*&'@).,@%*(&0(&
()*(&,(F1-*'*1-&7,+54"*+,%%&'&*,(%&%0(%3&%',&#."#-1F%'&(L*,')+&0%"&#(-(&*,(%&%0(%&2%&/.%"6'&';-%#+,%%&(%&)1"*& 1"%/(,)1-&".)*,18&G1+5&.&;',*%#1-+&/%(3&.&;,%/%53&2%&.,%#(&'5&?4"0%&)'1&7'#(3&('&,+54"(&"()%56%*.',(8&
;,.;,%%&.51-1%8 C'#+&":'5&/(0(':.&#+&)(&0%-'*+&2%&)(&#."*,'#*+3&'0%#+&)(&5%2#+3&'5&F%#(&#+&(&#(/'&5.,*8&I#(')*+&
C'#+&.51-&',&7%&1"&)%5;-1&%")*,15("*&2%&',&(L(#1*'&"15'%&#(('&#(&%&)(&)1?(,('F+3&(-&"1&',&5'% ;',*%#1-+&/%(&2%&?4"0%*.',(3&#',(&)(&5%2#+3&;'-;%*4"0&#'&%"%5'&.51-1%3&):'&F%)&#+&(&!"&)*',(&"(1*,+&)'1&
7%&,();.")'@%-&0(&'#*(-(&)'-(8&C',&(-&;,%5(2*(&"15'%&!"0(5"1,%3&,+54"4"0&)+&-(&'"'-%F(F(&;,%" !"&)*',(&42*(".%'8+/&7'6+&0(&5%"(3&.&%"*(-%?("6+&!"&5%2#',(8&S1&5+&0(;-')(F&2%&'#6%."(F&')1;,'&'&*.*&#(&
=10(#'*'&)'3&2%&0'#+&%&)(&/.,&;+,('&,(-(3&)+&-(&,();%"?+&2%&)+&7'#+&"15'%&#(('&#(&!%&0%#*('F+&#."2*%%"6'8 (L%)*+&!"&=1,1-&5(13&0(#%&)1"*&!"&)*',(&#%"(*%#+9
9,%"&1,5',(3&$.*+,4,('&2%&/.%"6'&.51-1%&!%&0(*(,5%"+&,();.")'@%-%*'*('8 C'#+&#(,#(*+5&5'%&'5+"1"6%*3&0()#.;(,%5&'-*(&;',*%#1-(&/%%3&#',(&:&7'6+&0(&'#6%1"%-(&2%&?4"0%,('&
!"*,1;'*1-3&')(5("('&01$1,%-.,&-%@(,(&0%"&);'6%13&"(/+F4"0&;(&"%5("%&!"&=1,1-&)+1&2%&;,%5%"0 ".')*,+&:&;',&)+&'%@+&.&.',(#',(&,('#6%(3&;',&)+&!"6(-('?+&%0(%-(&#(&%&-(&'0,()+58&9(&#4"0&;',*%#1-(-(&
)1?()*%%3&#,(0(&#+&#(('&#(&!%&*,(#(&;,%"&5%"*(&()*(&;,.;,%'&)'&?4"0%,(8 "(1*,(&"1&/.%'1&)+&)(&)1;1"+&/.%"6(%&5(-(3&'#()*('&;',&5'%&0.#%-(8&!"*,:'0(/+,3&0'#+&%'1&.&;',*%#1-+&
R"7(,%.,1-&/(0(&;(&)1;(,%.,&"15'%&#4"0&'#()*'&/'&!5@,+#'&7-1%0(&%"7(,%.',(3&2%&!%&/'&'1F%&?-')1-& "(1*,+&2%&.&'2(F&!"*,:+-*&-.#&0(#4*&1"0(&)(&'7-'3&/+0&#+&0(&!"0'*+&#(&'5&)-+@%*:.&0(&)1@&;1*(,('&/.%"6(%&
#4"0&)1;(,%.,1-&!2%&/'&#.@.,!&/%@,'6%%-(&?4"0%,%%&-'&/%@,'6%%-(&?4"0%,%%&%"7(,%.,1-1%8 5(-(3&('&,(/%"(&%5(0%'*&-'&-.#1-&(%&%"%6%'-8&C(&'%#%&#."#-1F%'&#+&',(&.&/.%"6+&'&)'&;,.;,%(3&!"&7(-1-&)+18&
9("*,1&!"6(-(?(,('&'#()*1%&7';*&/.%&-1'&1"&(L(5;-1&0%"&-15('&/.')*,+&;+54"*(')#+8&9(2*(-(&"1& C'#+&"(&'0,()+5&'#()*(%&'&0.1'&#'*(?.,%%&0(&;',*%#1-(3&5'%&)1)&'5%"*%*(3&#.")*'*+5&#+&)1"*&5'%&
/(0(&@%"(&0(#4*&!"&';+8&C'#+&)(&'7-+&!"&'04"#1-&';(%3&;(2*(-(&"1&/'&/(0('&@%"(&;(&.51-&#',(&)(&)#'-0+& )1;1)(3&#+#%&1"0(&-(&'2(F+53&'#.-.&,+54"8&C(&'#(('3&'#()*.,&;',*%#1-(&-(:'5&0'*&"15(-(&0(&')#18*+*2',(&
)'1&)(&;-%5@+&#1&@',#'&;(&)1;,'7'6'&'#(-(%&';(8&R',&0'#+&/'&)#.'*(&#';1-&0%"&';+3&;(2*(-(&/'&/(0('&2%& )'1&4',*%#18(&4')%0(9
5'%&,+1&;(&.51-&#(&)(&;-%5@+&;(&5'-1-&';(%8 R"&7%"(3&;,%"*,(&;',*%#1-(-(&/%%&)(&?+)(2*(&.&'&*,(%'&#'*(?.,%(&0(&;',*%#1-(3&#',(&;',&"1&"15'%&#+&
P.'*(&#'*(?.,%%-(&0(&01$1,%&)1"*&.,4"01%*(&!"&F."(&)'1&)7(,(&#."#("*,%#(&!"&=1,1-3;+54"*1-1%8&R"& )%5*3&'10&2%&!"6(-(?&*.*&#(&(L%)*+&!"&'7','&-.,3&0',&#'1*+&)+&;,.01#+&'"15%*(&5'"%7()*+,%8&I#()*.,&
'*5.)7(,'&'(,%'"+&2%&(*(,%#+&0(&-'&)1;,'7'6'&).-1-1%3&*,+%()#&01$1,%-(&;-'"*(-.,&2%&'"%5'-(-.,8&H(/'&5'%& ;',*%#1-(&,',(&-%&):'&0'*&"15(-(&0(&4',*%#18(&'#*%0(9
)1)3&*,+%()#&01$1,%-(&.'5("%-.,&)+-@'*%#%&2%&*,(;*'*3&5'%&)1)3&);%,%*(-(&15'"(&(/.-1'*(&;,%"&)("*%5("*(& C%"&#(-(&).)%*(&!"&1"%/(,)1-&".)*,13&0(01#(5&#+&!"&5',(-(&R"7%"%*&#(&!"#."=.',+&)7(,':#.)5.)3&#(-&
2%&%"*(-(#*8&H(-(&0%"&/4,71-&;%,'5%0(%&/%(6%%&*(,()*,(&#."01#&*.,1-&0(&)1@&(-(3&;,%"&;1*(,('&)1?()*%(%3& ;16%"&!"&/(#%"+*'*('&-1%3&)(&'7-+&*,(%&7(-1,%&0(&;',*%#1-(A&89&4',*%#18(&"(1*,(&:&,(;,(F("*4"0&5'=.,%*'*('Q&
!5;%"?4"0&01$1,%-(&);,(&;,.?,()8 V8&4',*%#18(&4')%0(&:&.&5%".,%*'*(Q&X8&4',*%#18(&'#*%0(&:&7.',*(&,',(8
T"1-&()*(&P'*+-&#(,()#8&T"1-&()*(&o%1-&K+13&N1/(,"'*.,1-&2%&K*+;4"1-&'#()*1%&)%)*(5&;-'"(*',8& a,%#',(&',&7%&)*'0%1-&-.,3&*.'*(&;',*%#1-(-(&)(&5%2#+3&*.'*(&)(&0%-'*+&2%&#."*,'#*+3&0(#%&)1"*&!"*,:.&
T"1-&()*(&K74"*1-&C1$&'-&9+54"*1-1%8&H4*(&*,(%&#."01#&!"&)7(,(-(&-.,&0(&'#*%/%*'*(3&0',&K74"*1-&C1$& /(2"%#+&/%@,'6%(8&H%"(&0(*(,5%"+&'#(')*+&/%@,'6%(D&I#(')*+&/%@,'6%(&)(&"'2*(&0%"&7';*1-&#+&;',*%#1-'&
#."01#(&!"&*,(%&7(-1,%3&#'A&<8&@;E"*&>1$&42M%*%0]&V8&@;E"*&>1$&"(-'*%0]&X8&@;E"*&>1$&"(1*,19 ?4"0(2*(3&#."#-1F%(&0(01)+&0%"&!")+2%&7(".5("1-&;(*,(#1*&!"&".%3&01$1,%-(8&!"&5.5("*1-&#4"0&"1&
K74"*1-&C1$&;.F%*%/&#(,(&)1;1"(,(3&;,%"&;1*(,('&)1?()*%(%3&#."01#4"0&);,(&;(,%#%,(9&K74"*1-&C1$& ?4"0()#&0(-.#3&/.-151-&5(1&);%,%*1'-&,+54"(&'#(-'2%8&H4"0&?4"0()#3&#.")*'*&#+&!"#(;&)+&5+&0%-'*8&C(&
"(?'*%/&#."01#(&*.*&);,(&(/.-16%(3&0',&;(&#'8('&51,(,%%9&K74"*1-&C1$&"(1*,1&';,.@+&2%&#'8('&;(,%#%,%%&2%& !"0'*+&#(&'5&!"#(;1*&)+&#."#(;&.&%0((3&/.-151-&#.,;1-1%&);%,%*1-1%&5(1&)(&5+,(2*(3&;4"+&'*%"?(&1"&
#'8('&)1;(,%".(%/&#."01#4"0&;(&'5@(-(&#+%&#(&01#&);,(&;,.?,()8 5'L%5158&C(&-'&.&/,(5(3&)1,%*&?'*'&#1&?4"0%,('&5('&2%&0(.0'*+&5+&0()*%"03&!"&5.0&@,1)#8&9,%"&'#()*&
R0(('&#."01#(&*.*1-8&C%"&?4"0%,(&):'1&7.,5'*&-15%-(8&H1&%0(%-(&;,%5(&:&;,%5(-(&;',*%#1-(&/%%&:'& 7';*3&'5&(5%)&0%"&#.,;1-&5(1&%0(('&#."#(;1*+8
!"#(;1*&#,('6%'8&9,%"&%0((&)'1&)1?()*%(&)(&#."01#(&#(('&#(&):'&#,('*8 9("*,1&7%(#',(&7(-&0(&%0((3&*,(@1%(&)+&5+&0%-'*&!"*,:.&'"15%*+&5+)1,+A&H(('&#(&7'#&(1&#4"0&?4"0()#3&
J1&"15'%&.51-&(&#."01)&;,%"&)1?()*%%3&0',&2%&01$1-&5%"(,'-3&/(?(*'-&2%&'"%5'-8&J%5%#&2%&"%5("%& 7'#(6%&2%&/.%3&!"*,1;+,%%3&#4"0&#4"*'6%8&!"*,:'0(/+,3&#4"0&'/(6%&E0(&?4"0&)+&0'6%&.&".*+&5'%&;,(-1"?%*+3&
"1&;.'*(&7%&#."01)&;,%"&7.,6+3&0(.',(#(3&#1&#4*&/%(*+6%-(&)1"*&5'%&0(&=.)&;(&)#','&(/.-16%(%3&#1&'*4*&)1"*& '@).,@%6%&.&5'%&5',(&#'"*%*'*(&0(&'(,&!"&;-+54"%3&157-4"01:/+&;%(;*1-8&H4"0&/,(6%&)+&(5%*(6%&.&".*+&
5'%&!"0+,+*"%#(3&5'%&;1*(,"%#&'"#.,'*(&!"&%"(,6%'&-.,3&0(#%&'1&;1*(,(&0(&.;1"(,(8 5'%&)#1,*+3&%");%,'6%&.&#'"*%*'*(&5'%&5%#+&0(&'(,3&2%&0(#%&;%(;*1-&)(&157-+&5'%&;16%"3&!"&5%2#',('&5('&
J(&,+54"(&'*1"#%&-1#,',('&;(&#'-('&"(/+F1*1-1%3&'&)1?()*%(%3&'&%0(%-.,&(5%)(&0(&01$1,%-(&)1;(,%.',(3& 0(&0()*%"0(,(&@,1)#+&;.*&)+&;("(*,(F&.&'-*+&("*%*'*(&);%,%*1'-+e&'7-'*+&!"&'#(-'2%&5(0%1&#1&5%"(8&C'#+&
%"/%F%@%-(&2%&%")()%F'@%-(8 '#(')*+:("*%*'*(&()*(&)%"#,."%F'*+&#1&5%"(3&/'&2*%&#(&',%%&?4"0%*&2%&/'&!"6(-(?(&#.5.6%'&5('3&;(&#',(3&
C%/%"%*'*('&"1&/,('3&"1&;.'*(&.,0."'&;,%"&,(;,(F("*'"6%%&)+%3&;("*,1&#+&'&)*'@%-%*&-(?('&0(;-%"(%& %"/.-1"*',3&.&/'&,(;(*'&2%&;,%"&'#(')*'&.&/'&*,'")5%*(&5'%&0(;',*(8&S1&/.%
-%@(,*+6%8&C'#+&',&7%&)+&)(&.,0."(3&.,0%"1-&',&7%&#.5("*'*&2%&5'%&-'&1,5+&;.'*(&#$%',&,();%")8&>%&';.%3
WZV >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&:&F&521'&#',*( ?271"%#+,%&5%"&?(, WZW

5%2#'&;(&'/&'&/'&5%2#'&;(&A/&A&/'&5%2#'&;(&#&2%&'2'&5'%&0(;',*(3&/%@,'6%%-(&)(&/.,&*,'")5%*(&;4"+&-'& 2%&;(&(-(&#+&)(&'?-1*%"('F+3&7.,54"0&1"&#.,;&5'%&5',(3&@.*(F'*3&;("*,1&!"6(-(?(,('&7(".5("1-1%3&#1&
5',?%"('&1"%/(,)1-1%3&;4"+&-'&5'*(,%'&$'.*%#+Q&%',&'#(')*'&"1&/'&5'%&,+);1"0(&-'&/%@,'6%'&).)%*+8& "15(-(&0(&z&u-'7'r9&I%#%&%"*(,/%"(&'#(-'2%&7';*&#'&2%&!"&R"7%"%*8&9',*%#1-'&z&()*(&'@).,@%*+&0(&)7(,(-(:
U%2#',('& /%@,'*.,%( &'&;',*%#1-(-.,& /%% &0%"&$'.) & )( &0'*.,(2*(&7';*1-1%&#+ &'#()*( &;',*%#1-( & ?4"0()#8& 1"%/(,)1,% & 2% & %"*,.01)+ & !" & %"*(,%.,1- & -.,3 & "15%* &)4'.%1 & z & u-'7'r9 &a & 0'*+ & 7.,5'*+3 & ;',*%#1-' &z &)(&
N4"0%"03&5'*(,%'&0%"&%"*(,%.,1-&;',*%#1-(-.,&)(&5%2#+3&5%2#',(&(L;,%5'*+&-'&(L*(,%.,&;,%"&5+,%,(&2%& )*,(#.',+&;,%"*,(&;',*%#1-(-(&;%&2%&%"*,+&!"&#45;1-&1"1%&1"%/(,)8&T"%/(,)1,%-(&#1;,%"03&!"&%"*(,%.,1-&-.,3&
5%#2.,',(&0(&/.-15Q&0()%?1,3&7+,+&"%#%&1"&7(-&0(&(5%)%(8&J15'%&;',*%#1-(-(&'=1")(&!"&)*'0%1-&0(&'&7%& .&%"7%"%*'*(&0(&5%#%&#.,;1,%&z/&#',(&!"&,('-%*'*(&"1&)1"*&0(#4*&'?-1*%"+,%&0(&".1+&4',*%#18(&'&$'.*%#(8&!"&
'#*%/(&;.*&(5%*(&0%"&%"*(,%.,1-&-#,&.&;.,6%1"(&0%"&5'*(,%'&#.,;1-1%&-.,3&42,.%1"%6%5(%&#.,();1"F+*.',(& %"*(,%.,1-&1"%/(,)1-1%3&;',*%#1-(-(&?'5'&)17(,+&.&'"15%*+&;,(;',',(3&#(&-(&7'#(&)1)#(;*%@%-( &0(&'&7%&
%0(%-.,&".')*,(&2%&#',(&;.*&7%&;,%5%*(&2%&!"6(-()(&0(&;',*%#1-(-(&;')%/(8&9,%"&'#()*&'#*3&/.-151-&#.,;1-1%& '@).,@%*(&0(&K7(,'&0%/%"+&)'1&#("*,'-+8
'#()*.,&;',*%#1-(&/%%&)(&/'&5%#2.,'&2%&5'%&51-*8&I#(')*+&,(01#(,(&0(&/.-15&)(&,(5(0%'F+&;,%"&7';*1-& C,151-&1,5'*&0%"&R"7%"%*&'&7.)*&1,5+*.,1-8&9',*%#1-(-(&'&0(/("%*(&;%&'1&%"*,'*&!"&)7(,'&;%&:#.)5.)8&
#+&;',*%#1-(-(&'#*%/(&'@).,@&%0(%-(&(5%)(&0(&'-*(&)1,.,%&?4"0%*.',(8&K1@)*'"6'&#(&#.5;1"(&;',*%#1-(-(& I%#%&;',*%#1-(-(&;%/&0(/("%"0&;',*%#1-(&z/&'1&%"*,'*&!"&)7(,'&z&:&1"'&0%"&)7(,(-(&#(-.,&;'*,1&1"%/(,)1,%8&!"&
()*(&'#(('2%8&R0(%-(&(5%)(&'1&'#(('2%&#.5;.F%6%(&#1&)1@)*'"6'&(5%*("*1-1%&2%3&#'&'*',(3&%0(%-(&7%%"0& %"*(,%.,1-&'#()*.,&)7(,(:1"%/(,)3&01$1,%-(&0%"&=1,1-&).,%-.,&2%&;-'"(*(-.,&'1&-1'*&!"&;,%5%,(&;',*%#1-(-(&
,('@).,@%*(3&)(&/'&,(7'#(&(#$%-%@,1-&;,%5.,0%'-8 e2%&'1&(L(,#%*'*&')1;,'&-.,&.&'"15%*+&%"7-1("6+3&;,(?+*%"01:-(&;-(#',('&);,(&P'*+-&#(,()#8&H4"0&*.*1-&'&
C%"&#(-(&(L;1)(&;4"+&'#153&,(F1-*+&#+&(L%)*+&0.1+&)7(,(&%"#.5(")1,'@%-(&#$%',&2%&;("*,1&".%A&<8& 7.)*&?'*'3&;',*%#1-(-( &z &'1&7.)*&'*,')(&0%"&".13&!"&)7(,' &;%&6 &#.)5.)3&2%&0(&'%#%&!"&K7(,':G'@.,'*.,3&
);(,'6#2)72)&6;%"%*18/&7.,5'*&0%"&K7(,'&0%/%"+&2%&#(-(&;'*,1&)7(,(:1"%/(,)Q&V8&@;(,'6=";%"%*9&K7(,': ;("*,1&'&7%&;(,7(#*'*(&2%&*,'")7.,5'*(&!"&5'*(,%%&(*(,%#(8&!"&/(2"%#%'&/%%*.',(3&'#()*(&5'*(,%%&(*(,%#(&/.,&
#.)5.)&()*(&#1;,%")+&!"&K7(,':R"7%"%*3&;-1*%"0&!"&5%=-.#1-&(%8 0'&"'2*(,(&-'&01$1,%3&!"#(;+*.,%%&/%(6%%&);%,%*1'-(&!"&)7(,'&#,('6%%-.,8
H1&'-*+&.#'F%(&'5&7+#1*&.&#.5;','6%(&);1"4"0&#+&)7(,':#.)5.)&()*(&%"%5'?%"'@%-&0(&5',(3&0',& 9',*%#1-(-( &'/ &$'.*%#(3&'/('1&5%2#',('&-.,8&9',*%#1-(-( &;%/ &#.)5%#(3&(L(#1*+&'#(-('2%&5%2#+,%&0(&
7'6+&0(&R"7%"%*3&(&#4*&1"&'*.5&7'6+&0(&1"%/(,)1-&".)*,18&G15%"'&)*,+@'*(&);'6%%-(&#1&.&/%*(F+&0(&Xqq8qqq& 157-',(&2%&0(F157-',(3&0',&0%"&#'1F'&0%'5(*,1-1%&-.,&5'%&5',(3&'1&1"&'-*&,%*58&!"&7%"(3&;',*%#1-(-(&z/ &
]%-.5(*,%&;(&)(#1"0+&2%&*.*12%&,'F(-(&7-1%0%#(&'-(&-15%"%%&1"(%&)*(-(&'1&"(/.%(&0(&1"&5%-%."&0(&'"%& 1"%/(,)%#(3&)1"*&)1;1)(&'#(-(%'2%&"(/.%&0(&0%-'*',(&2%&#."*,'#*',(3&0',&0'*.,%*+&0%'5(*,1-1%&-.,&2%&5'%&
;("*,1&'&#+-+*.,%&0(&-'&5',?%"('&1"%/(,)1-1%&;4"+&-'&9+54"*8&H.)5.)1-&)'1&7%"%*1-&()*(&5%#&7'6+&0(& 5',(3&;1-)'6%'&-.,&()*(&5'%&,',+3&5'%&!"#('*+&0(#4*&'&;',*%#1-(-.,&'&3%&;%9
R"7%"%*3&#1&*.'*(&'#()*('&7%"%*1-3&;,%"&0%5(")%1"('&-1%3&()*(&1"&'0(/+,'*&%"7%"%*3&#$%',&2%&;("*,1&".%3& I=1")(&!"&K7(,':U'5',3&;',*%#1-(-( &z &)1"*&.;,%*(&0%"&/%@,'6%'&-.,3&0();+,6%*(&1"(-(&0(&'-*(-(&2%&
01$1,%-(8&H.)5.)1-&(&,(-'*%/&5%#3&0',&)*,+-1#(2*(&0(&-15%"+&!"&@(F"'&R"7%"%*1-1%&$'.*%#8 ;,(?+*%*(&7%(#',(&;("*,1&.&".1+&7.,5+&0(&/%'6+8&C%"&(-(&)(&/'&7'#( &4,%7'&7'*(,%( &'&#,('6%(%3&;,%5'&
H1&#4*&1"&01$&()*(&5'%&*4"+,3&',(&.&*'-%(&5'%&5',(3&!"&)#$%5@&-15%"'&)'&(&,(01)+3&%',&/%@,'6%%-(& *,(';*+&'&)(,%%-.,&"()74,2%*(&0(&(*(,1,%8&C1;+&#(&/.,&(/.-1'&2%&1,#'&*.'*+&?'5'&0(&(*(,1,%3&/.,&7%&'*,')(&
)'-(&)1"*&,',(&2%&@,1*'-(8&H1&#4*&1"&01$&()*(&5'%&(/.-1'*3&#.,;1-&)+1&()*(&5'%&5%#3&0',&5'%&)*,+-1#%*.,3& #+*,(&#("*,1-&P+*',3&1"0(&)1"*&0(;,%")(&)+&=10(#(3&)+&,'6%."(F(3&)+&#."#-1F%."(F(8&H4"0&/.,&7%&;(&
/%@,4"0& #1& .&1"0+& 7.',*(&)#1,*+3&'@%'& )%56%*+3& 0',&;,.;'?'*+&#1& 51-*&5'% &0(;',*(&0(#4*& /%@,'6%'& 0(;-%"&7.,5'*(3&#';'@%-(&#'&0%"&0.1+&;,(5%)(&)+&(L*,'?+&.&#."#-1F%(3&H("*,1-&-(&/'&(-%5%"'8
01$1-1%&%"7(,%.,8 9,%"&)17-1-&K+1&0%/%"3&P'*+-&-(:'&!"/+6'*&)+&=10(#(3&0',&0(.',(#(&?4"0%,('&-.,&()*(&*.*&%"*(,"+3&W(%%&
c(/%"&-'&;.@-(5'&(5%*(,%%&%0(%-.,8&H(&;,.#()&'04"#&)(&!"7+;*1%(2*(&#4"0&?4"0(2*(&1"&01$M&C',& 0%"&U'5',&-(&/.,&!"/+6'&)+&(L*(,%.,%F(F(&'#(')*+&?4"0%,(3&)+&7%(&'1F%*+&0(&#(%&0%"&5(0%1-&'5@%'"*3&)+&
5%"1"('&)(&;,.01#(&#4"0&#(('&#(&?4"0(2*(&01$1-3&!"&7.,1-&)+1&%"*(,%.,3&()*(&(5%)&!"&'7',+&2%&'#(')*+& 7%( & !"6(-(')+ & 0(& *.6% & #(% & 0%"& =1,8 &I)*7(-3 &7.)*' & ;',*%#1-+ &' &0%" & $'.)3 & 01;+& #( &' & #.-%"0'* & -15%-( & .&
(5%)%(&()*(&!"6(-(')+&0(&1"&'-*&01$8 (*(,"%*'*( &Z2%&' & '*%")& 1-*%51- & ?,'0&'- & 5'*(,%(% & (*(,%#(3& /' &7%& *,'")7.,5'*+& ;,%" &*,(%5%F',(& !"& K7(,'&
H4"0&'&7.)*&#,('*&5%#1-&01$3&!"#(;+*.,1-&/%(6%%&0(&01$3&'&7.)*&-1'*&0(&'"15%6%&o%%&0%/%"%&0%"& P'*+-1%3&!"*,:1"&51$&-E"5%*2,/&1"&;1%&0(&01$3&;(&#',(&!-&'2*(';*+&.&#',%(,+&7+,+&0(&)74,2%*3&0(/("%"0&!"&
U'5',&2%&!"/+6'*&#15&)+&)(&157-(&2%&0(F157-(3&#15&)+&%");%,(&2%&(L;%,(&%0(%8&C(&;(&#4"0&(,'&!"&$'.)3& (*(,"%*'*('& /%%*.',(3&0%"*,:.& ;',*%#1-+ &'/ &!"*1"(#'*+& 2%&"(2*%1*.',(3&1"&01$ &)*,+-1#%*.,& 0(& .& -15%"+&
01$1-&'/('&;.)%@%-%*'*('&)+&?4"0(')#+&!"&%"*(,%.,1-&5%#1-1%&)+1&#.,;3&0',&"1&2*%'&#15&)+:2%&(L*(,%.,%F(F(3& "(#1;,%")+&0(&5%"*('&.51-1%Q&0(&-'&%?".,'"*1-&0()+/4,2%*3&#15&(,'&!"&$'.)3&(/.-14"0&;4"+&-'&)'/'"*1-&
)+:2%&#.51"%#(&'-*.,'&?4"01,%-(8&C1$1-&*,(%5%F'*&:&"+)#1*&;,%"&').#%(,('&1"(%&;',*%#1-(&0%"&R"7%"%*&#1& H,('*.,&0(&7%%"6(&2%&5'*(,%%8
1"'&0%"&P+*',&2%&1"'&0%"&U'5',&:&'&)*'*&!"&U'5',3&!"*4%&)+&!"/(6(&)+&)(&157-(&:&'#15&7%%"0&.&*,(%5(&:& I;',("*&)1"*&-1#,+,%& )%5;-(3&0',&*'%"(& '04"#%&)(&')#1"0&!"&*.'*+& '#(')*+& .;(,+&0%/%"+8&P.'*(&
2%&'@%'&01;+&5%%&0(&'"%&0(&157-+,%&2%&0(F157-+,%3&#(('&#(&7+#1)(&.&/(2"%#%(&2%&!"&$'.)3&'&'=1")&)+&2*%(& 7(".5("(-( & 0%/%"( & '1 & ;.,"%* & 0( & -' & T"1-3 & !"#(;1*1- & !"#(;1*1,%-.,8 & T"1- & C15"(F(1 & '& 0'* & "'2*(,(&
)+&(5%*+&.&%0((8&I1&1,5'*&'-6%&5%%&0(&'"%&#'&)+&!"/(6(&"1&"15'%&)+&(5%*+&%0(%3&#%&)+&7%(&#';'@%-&)+&-(&2%& -15%-.,&;(&#',(&-(&#."01#(3&%',&".%&-(&'05%,+58&S-&()*( &g &`a5(?'b&*1*1,.,&#(-.,&#',(&/.,&-1#,'&!"&
;,%5(')#+8&N4"0%,('&(&.&',*+&0()+/4,2%*+3&.&'0(/+,'*+&5%"1"(&'&C%/%"%*+6%%8 /(2"%#%(3&;("*,1&'&#1#(,%&R"7%"%*1-&2%&':<&15;-(&#1&".%&#,('6%%8
P.'*(&;',*%#1-(-(&0%"&$'.)&;'-;%*+3&)(&157-+8&C',&#15&(-(&)1"*&7.',*(&0()(3&';,.;%'*(&!"*,(&(-(3&
*.'*(&0.,%"0&)+&)(&0%-'*(3&,(F1-*+&#+&'*1"#%&#4"0&1"(-(&)(&157-+3&)%-()#&;(&/(#%"(-(&-.,&)+&)(&0(F157-(8&
H15&0(F157-',('&'*,'?(&"(/.%'&0%-'*+,%%3&!")('5"+&#+&!"&$'.)3&'#(')*+&;1-)'6%(&)(&7'#(&#1&5',(&
?,(1*'*(3&#1&5',%&;%(0%#%&2%&0(#%&#1&)17(,%"6+8&R'*+&#+&)17(,%"6'&(L%)*+&0(&-'&!"#(;1*1-&!"#(;1*1,%-.,3&2%& !"&H(,&)(&7'#(&*(.,%(3&%',&;(&;+54"*&:&';-%#',('&*(.,%(%&#(,(2*%
()*(&-(?'*+&#$%',&0(&(L%)*("6'&7%%"6(%8
I#(')*'&(&/%'6'&;',*%#1-(-.,&$'.*%#(A&1"'&*,'?(&!"*,:.&;',*(3&'-*'&!"*,:'-*'&:&.&5%2#',(&0(F.,0."'*+3&
#+#%&1"'&)(&157-+&,%0%#4"01:)(3&;("*,1&#+&'#.-.&(&#(/'&5'%&-%@(,3&'-*'&!"&*%5;&#(&)(&157-+&#.@.',+Q& a51-(3&"1&;.6%&)+e&7'#%&2#.'-'&;(&'#()*&?-.@&;+54"*()#3&7+,+&)+&"1&*(&)1;1%&,(!"*,1;+,%-.,&2%&7+,+&
1"'&#+*,(&0,(';*'3&'-*'&#+*,(&)*4"?'Q&1"'&!"'%"*(&2%&'-*'&!"';.%8&9,%"&1,5',(3&!"&$'.)&(&.&/%'6+&0(&5',(& )+&"1&)17(,%&;,%"&(-(8&!"&*,'%1-&*+1&/(%&!"*45;%"'&"("15+,'*(&;%(0%#%3&?,(1*+6%&2%&'0/(,)%*+6%8&J1&(&
)*,45*.',(3&!"?$()1%'-+8&H4*&(&R"7%"%*1-&0(&%"7%"%*&2%&*.*12%&;',*%#1-(-(&$'.)1-1%&"1&'1&-.#&)17%#%("*& ;.)%@%-&)+&-1;6%&)%"?1,&#."*,'&-.,&2%&)+&-(&!"/%"?%3&0(#4*&').#%%"01:*(&#1&'-6%%3&7+#4"0&.&#.51"%*'*(&
;("*,1&5%2#',('&-.,3&"1&'1&-%@(,*'*(&0(;-%"+8 ;1*(,"%#+8&C(&'%#%3&!5;+,6%,('&.'5("%-.,&!"&;.;.',(&2%&"'6%1"%8&o%(#',(&#.-(#*%/%*'*(&',(&0()*%"1-&)+13&
C%"&'#(')*+&#'1F+3&):'&;,.01)&2%&)(&;,.01#(&2%&'F%&1,5+*.,1-&7';*A&0'#+&!"&'#(')*+&5%2#',(&0(& -%"%'&)'&0(&(/.-16%(3&*,')'*+&0(&-'&H("*,18&o%(#',(&%"0%/%0&0%"*,:.&#.-(#*%/%*'*(&()*(&#'&,.*%6'&1"1%&
157-',(&0.1+&;',*%#1-(&)(&'*%"?&5'%&;,."1"6'*3&)(&;,.01#(&7(".5("1-&'?-1*%"+,%%&)'1&'-%;%,%%&-.,8&K(& 5(#'"%)5&0(&#(')8&C(7(#*',('&1"(%&,.*%6(&/'&0+1"'&!"*,(?1-1%&5(#'"%)58
1"()#&0.1+&;',*%#1-(&!"*,(&(-(&2%&';.%&0(&'5@(-(&)(&'-%;(2*(&.&'&*,(%'8&K:'&7.,5'*&')*7(-&1"&#.,;& H."01#+*.,%%&5',%%&').#%'6%%&1,5+,()#&2%&".*('F+&*.'*+&'#*%/%*'*('&2%&;')%/%*'*('&1"1%&%"0%/%08&
')(5+"+*.,&#1&.&51,+3&1"&?.-.5.F&0(&*,(%&;',*%#1-(&$'.*%#(8&9',*%#1-':51,+3&'=1")+&'#15&#(/'&5'%& I#*%/%*'*('&1"1%&7'#*.,&'-&#.-(#*%/%*+6%%&;.'*(&7%&;.F%*%/+&.,%&"(?'*%/+8&K(&F%#(&#+&.&'#*%/%*'*(&()*(&
5',(&0(#4*&4',*%#18'&8%A(,+/&1"%#+/&!"#(;(&)+&7%(&'*,')+&0(&)7(,'&#,('6%%-.,3&0(&#.)5.)8&9',*%#1-':51,+& ;.F%*%/+3&#4"0&'#6%1"('&0()7+21,'*+& 0(&1"8%"0%/%0&'& '/1*&1"&,(F1-*'*&@1"8& H4"0& .&(L;(,%("6+&)'1&
)(&/'&)*,(#1,'&;,%"*,(&;',*%#1-(-(&$'.*%#(3&'-(,?4"0&#+*,(&-.#1-&#',(&.&#$('5+3&.&'*,'?(8 '#6%1"(&"1&'&0'*&"%#%&1"&,(F1-*'*&@1"3&)(&F%#(&#+&'&7.)*&.&'#*%/%*'*(&"(?'*%/+8&C(&')(5("('3&)(&".*('F+&
C%"&*,(%&;',*%#1-(&$'.*%#(&-%@(,(3&0%"&*,(%&'&u'8;'r/&):'&7+#1*&.&;',*%#1-+:51,+3&.&;%&uA(*'r&*,(%7%#+9& *%5;1-&#4"0&01$1-&"1&'&!"*,(;,%")&"%#%&.&-1#,',(3&'0%#+&'&7.)*&%"'#*%/&)'1&;')%/8&H4"0&%"0%/%01-&)'1&
C%"&*,(%&'&):'&"+)#1*&1"&;%9&p(*'&*,(%5%#+&5(,?(&#+*,(&);'6%1-&0%"*,(&#(-(&;'*,1&1"%/(,)1,%3&)'1&);'6%1-& 1"1-&0%"&(-(5("*(-(&#.-(#*%/%*+6%%&-1#,('F+3&(-&',(&!"&7'6'&)'&*.*&#(&):'&(L;(,%5("*'*&0(&#+*,(&*.6%&
#.)5%#3&#+,1%'&)+:%&F%#(5&'#15 &)4'.%1&;%&uA(*'r9 &K.)%*&!"&);'6%1- &;%/ &;',*%#1-' &;% &#.")*'*+&#+&);'6%1-& 7'#*.,%%&#.5;."("6%&'%&'#(-(%&#.-(#*%/%*+6%3&7%(&#1&,(F1-*'*(&;.F%*%/(3&7%(&"(?'*%/(8&o%(#',(&#.-(#*%/%*'*(&
#.)5%#3&);'6%1- &;% &()*(&*.*&'*4*&0(&;-%"&#'&$'.)1-3&2%&'%#%&;',*%#1-(-( &;%)1"*&7.',*(&"15(,.')(3&7.',*(& ',(&1"&0.)',&'-&'#*%/%*+6%%&)'-(8&I#()*'&()*(&#2518&(L%)*(".(%&)'1&#',*('&!"0+.+*1,%82,&#.-(#*%/%*+6%%8
0()(8&H15&"(#()%*'*('&0(&'&)(&157-'&(&5.2*("%*+3&7%%"0&"(#()',+&?4"0%,%%&-.,3&(-(&#."*%"1+&2%&'%#%&)+&)(& !"& H(,3 &7%(#',(&#.-(#*%/%*'*(& ',(&!"/+6+*1,%-(&)'-(8&o%(#',(&5(5@,1 &'-& #.-(#*%/%*+6%%&/'&#(,#(*'&
0%-'*(&2%&#."*,'#*(8&3 '#(')*+&#',*(&'&!"/+6+*1,%-.,&#.-(#*%/(&2%&;(&@'F'&(%&)(&/'&.,%("*'&!"&'#*%/%*'*('&)'8&H',*('&'#(')*'&
!"&);'6%1-&;%&)(&?+)(2*(&.&5'*(,%(&'7-'*+&!"*,:.&#."*%"1+&/%@,'6%(8&C%"&#'1F'&"(#()%*+6%%&0(&157-',(& #1;,%"0( & *.'*+ & (L;(,%("6' & 7+#1*+ & 0( & 7%(#',( & 5(5@,1 & '- & #.-(#*%/%*+6%%3 & .?-%"0%"01:)( & !" & (' & *.'*+&
2%&'&-%;)(%&0(&);'6%13&)(&!"*45;-+&2%&):'&!"*45;-'*&2%&'%#%&#'&*,(%&;',*%#1-(&;%&)+&)(&'*%"?+3&2%&%'*+:-( !"6(-(;#%1"('&#(&)(&0();,%"0(&0%"&)15'&'#()*.,&(L;(,%("6(8
WZX >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*(
?271"%#+,%&5%"&?(, WZY
F&;-(#'&0%"*,:.&#.-(#*%/%*'*(&2%&'&%"*,'&!"*,:'-*'3&',&7%&.&"(@1"%(3&;("*,1&#+3&!"&;,%51-&,4"03&01$1-& ;,.;,%%-(&-.,&)17(,%"6(&)+&#42*%?(&#1".2*%"6(3&'0(/+,1,%&;1,(3&;,%"&!5@%"',('&*(.,%%-.,&#(,(2*%&#1&;,'#*%#%-(&
/'&7%&#.")%0(,'*&1"&0(F(,*.,3&7%%"0&0%);,(61%*8&!"&'-&0.%-('&,4"03&7%(#',(&#.-(#*%/%*'*(&!2%&',(&!"/+6+*1,%-(& ;+54"*(2*%8
2% & -(?%-( & )'-(3 & (L*,')( & 0%" & '#*%/%*'*(' & 5%-("',+ & ' & %"0%/%01'-%*+6%-., & (%3 & ;( & #',( & 01$1- & 71?', & "1 & -(& BJ1&(&0()*1-3&7%1-(3&)+&!"/(6%&#(-(&;,(0'*(&0(&5%"(&:&);1"(&1"&5',(&01$&1"1%&01$&5'%&*4"+,8&91,1-&
#1".'2*(&2%&"%#%&"1&/'&2*%&)+&-(&%"*(,;,(*(F(8&R',&!"&'-&*,(%-('&,4"03&;("*,1&#+&7%(#',(&#.-(#*%/%*'*(&!2%&',(& '0(/+,&'1F%*&0(&-'&5%"(3&"1&;.'*(&)+:6%&6%"+&"%#%&#'-03&"%#%&,(#(3&;("*,1&#+&*.*&#(&2*%13&'5&!"/+6'*&;,%"&
%(,',$%'&(%&;,.;,%(3&%',&01$1-&".1&/("%*3&/'&7%&@+"1%*&2%&#.")%0(,'*&1"&*,+0+*.,3&#'&'*',(3&.,%#(&?,'0&',&7%& 5%"(&!")15%8&>*%1&#+&"1&*(&!"0.%(2*%&0(&#(-(&#(:6%&);1"3&0(.',(#(&!5%&#1".2*%&?,'01-&2%&#1".2*%"6(-(&
'/1*&!"&#.51"%*'*('&)'3&"1&)(&/'&6%"(&)('5'&2%&/'&7%&'2(F'*&;(&1-*%5'&(%&*,(';*+8 /')*(e&0.@4"0%*(&;,%"&(L;(,%("6(8&C1;+&#(&'5&;1)&!"&';-%#',(&.&'"15%*+&%0((&2%&'5&#.")*'*'*&#+&
C1;+&#15&(L%)*+&0(.)(@%,%&!"*,(&.'5("%3&*.*&'2'&)1"*&0(.)(@%,%&2%&?,'0(&%(,',$%#(&!"*,(&#.-(#*%/%*+6%8& '0(/+,1-&#(&5%&):'&);1)&()*(&'%0.5'&#1&#(-&'7-'*&0(&5%"(3&"1&'5&5'%&1%*'*&'#(-&'0(/+,3&2%&"1:<&/.%&
o%(#',(&#.-(#*%/%*'*(&()*(&'2(F'*+&;(&.&'"15%*+&*,(';*+&'&(/.-16%(%8&I2'&'1&-1'*&"'2*(,(&"'6%1"%-(8&I2'&'& 1%*'&!"&/(#%%&/(#%-.,8E
-1'*&"'2*(,(&2%&;.;.,1-&,.54"8 a,%#(&%0((3&.,%#4*&0(&5%#+&',&7%&('3&*,(@1%(&)+&*,('#+&;,%"&'-'5@%#1-&)17(,%"6(%3&'-*5%"*(,%&('&"1&',(&
C.1+ & )'1 & 5'% & 51-*( & #.-(#*%/%*+6% & )( & ').#%'F+ & !"*,( & (-( & ;("*,1 & '=1*., & ,(#%;,.# & 2% & 7.,5('F+ & .& "%#% & . & /'-.',(3 & ,+54"4"0 & . & %0(( & ,(#(3 & *(.,(*%#+8 & C%/%"%*+6%-( & #("*,'-( & #(, & ;("*,1 & *.'*( & 01$1,%-(&
#.-(#*%/%*'*(&5'%&5',(3&"15%*+ &;'7%8%'&#271"%*+.%82,&,()4(#*%0(9 &a&')(5("('&7'5%-%(&()*(&7'5%-%'& (L'5("1-&?,(1&'-&!"/%(,%%&0%"&5.',*('&"(2*%%"6(%8&J1&(L'5("1-&*(.,(*%#3&"1&#.-(#6%'&0(&%0(%&"+)#1*(&2%&
-'*%"+3&7.,5'*+&0%"&7,'"#(F%3&@(-?%("%3&%*'-%("%3&);'"%.-%3&;.,*1?$(F%3&,.54"%&2%&,.5'"2%%&0%"&S-/(6%'8& !"#$%)*'*(&!"&5%"*('&*'&0(&01$3&#%&(L'5("1-&.@6%"1*&;,%"&)'#,%7%#%1-&,(;(*'*&'-&/%(6%%&*,1;(2*%Q&0(#%&)(&
K1;(,%.,%%&'#()*.,&5',%&7'5%-%%&)1"*&!"*,:.&#."*%"1+&!"6(-(?(,(&#1&!"?(,%%&9+54"*1-1%8&o%(#',(&5',(& #(,(&,(!"*,1;',(8&J1&)(&#(,(&2*%%"6+&#1-(')+&0(&;,%"&7.%-(&#+,6%-.,3&#%&2*%%"6'&#1-(')+&;,%"&7%,(-(&0(&#',"(&
#.-(#*%/%*'*(&!2%&',(&#',*('&(L;(,%("6(%&)'-(&2%&.&-(?(&0%/%"+&.;,(2*(&#'&.&#.-(#*%/%*'*(&)'1&1"&%"0%/%0& #(&'1&*,(51,'*&;(&*%"(3&*.*&*%5;1-&/%(6%%&*'-(&*,1;(2*%8
0%"*,:.&#.-(#*%/%*'*(&)+&'%@+&'##()&-'&#',*('&'-*(%&#.-(#*%/%*+6%8&o%(#',(&#.-(#*%/%*'*(&!2%&',(&(L;(,%("6'& J15'%&54"#4"0&.&@+*'%(&'%&.&%0((&=1)*+&0();,(&#(&()*(&@+*'%'8
)'3&0.@4"0%*+&;,%"&01,(,%&2%&)'#,%7%#%%8&C%/%"%*'*('&%5;1"(&#'&7%(#',(&#.51"%*'*(&)+:2%&7'#+&)*10%%-(&;(& H(&7,%#+&0(&.5&'13&0(&;%-0+3&?4"0'#%%&0(&@1#+*+,%(3&#15&71?&(%&!"&*.'*(&;+,6%-(&#4"0&!-&/+08&o1?3&
(L;(,%("6(-(&;,.;,%%3&7+,+&)+&)(&.,%("*(F(&01;+&(L;(,%("6(-(&7+#1*(&0(&'-*(&#.-(#*%/%*+6%3&;("*,1&#+&P'*+-& ;("*,1&#+&0(&5%%&0(&'"%&.51-&!%&*.*&1#%0(&2%&);%,%*1-&-.,&6%"(&5%"*(&'#(')*+&'*%*10%"(8&I2'&)(&0.@4"0(2*(&
/,('&)+&#.5;',(&2%&)+&/'0+&-'&#(&).-16%(&'&'=1")&7%(#',(3&,(7(,%*.,&-'&.&*(F+&(-'@.,'*+&0(&H("*,18 (L;(,%("6+A&;,%"&01,(,(3&;,%"&5.',*(8
C1;+&#15&-'&2#.'-+&"1&)(&;(,5%*(&(-(/%-.,&)+&#.;%(F(&1"1-&01;+&'-*1-3&"%#%&#.-(#*%/%*'*('&"1& BJ1&/(%&7%&1"&@1"&5(0%#&:&);1"&@+*,4"%%&#(,%("%&:&0'#+&*13&#'&5(0%#3&"1&)%56%&5%-'3&01,(,('&
;(,5%*(&5(5@,%-.,&(%&)+&#.51"%#(&'-*(%&#.51"%*+6%&,(F1-*'*1-&(L;(,%("6(-.,&)'-(8&!"&'#()*&)#.;&):'& @.-"'/1-1%&*+18&J1&(2*%&@1"&5(0%#3&0'#+&;(&@.-"'/&!-&0.',(&2%&;(&*%"(&*(&-')+&,(#(8&J1&(2*%&)74"*&!"&H(,3&
)+0%*&!"&7%(#',(&#.-(#*%/%*'*(&)("*%5("*1-&!"0.%(-%%&0(&#(('&#(&2*%(&#('-'-*+3&1"&)("*%5("*&0(&,+#('-+& 0'#+&*,(#4"0&;(&-4"?+&1"&.,@3&"1&6%&)(&*.;(2*(&%"%5'&0(&5%-'&)17(,%"6(%&)'-(8E
0();+,6%"0&#.51"%*+6%-(&!"*,(&(-(8&I)*7(-&)(&(L;-%#+&7';*1-&#+&(/,(%%&'1&P'-5101-3&#1&'0(/+,1,%-(&2%& C'#+&"1&*(&!"*,%)*(F%&2%&"1&)17(,%&.&0'*+&#1&01,(,('&'-*1%'3&!")('5"+&#+&"1&#1".2*%&@%"(&%0(('&
)1;(,)*%6%%-(&-.,3&;(&#',(&!-&')#1"0&#4*&;.*3&#'&)+&"1&%'&#1".2*%"6+&0(&(-&2%&'-*(&"('51,%8 01,(,%%3&)'1&.&#1".2*%&"15'%&*(.,(*%#3&2%&/'&*,(@1%&)+&#.@.,%&!"&/'-('&;-4"?(,%%3&)+&0(/%%&.5&*,1;()#&2%&
o%(#',(&%"0%/%0&'-&#.-(#*%/%*+6%%&#."*,%@1%(&#1&1"&5%#&';.,*&0(&#1".2*%"6(&2%&(L;(,%("6(3&7+#1*(&!"& )+&)17(,%&;("*,1&'&2*%&#(&()*(&01,(,('8
*%5;1-&!"*,1;+,%%&)'-(8&C1$1-&!"*,1;'*&,(;(*+&5(,(1&'#(')*+&51"#+&0(&K%)%73&;("*,1&#+&'*1"#%&#4"0&/'& C.5"1-&".)*,1&R)1)&H$,%)*.)&"1&;1*('&)+&/'0+&01,(,(&7+,+&)+&"1:%&#'0+&-'#,%5%&0%"&.#$%&0(&5%-'&
7%&)1)3&)+&/(,%7%#(&7';*(-(&)'-(&-'&-15%"'&#1".2*%"6(-.,&#(,(2*%8 #(-1%&)17(,%"03&,1?4"01:)(&P'*+-1%&#("*,'-&;("*,1&/%"0(#',('&-1%8
T"(.,%&01$1-&)'1&);%,%*1-&!2%&!")12(2*(&'"15%*(&%0(%3&#',(&)(&!"#$%)*('F+&'*4*&0(&*',(&!"&(-3&!"#4*&"1& C'#+&"1&E;.6%&)+&*(&@1#1,%&0(&@1#1,%'&'-*1%'3&0'#+&"1&;.6%&)+&;-4"?%3&)+&)17(,%&0(&)17(,%"6'&'-*1%'&
)(&5'%&;.'*(&)#1*1,'&0(&(-(3&#.")*%*1%"0&.&;%(0%#+&!"&(/.-16%'&)'&1-*(,%.',+8&9("*,1&'&)(&0(F@+,'&0(& #'&0(&;,.;,%'&*'&)17(,%"6+3&!")('5"+&#+&"1&#1".2*%&@%"(&'#()*(&%0(%3&)'1&-(&#1".2*%&0.',&*(.,(*%#&2%&5'%&
'#()*(&%0(%&7%L(3&01$1-&*,(@1%(&)+&)(&!"*,1;(F(3&)+&/%"+&!"&-15('&/%(6%%&;,'#*%#(&2%&)+&#.")*'*(3&;,%"& '%&"(/.%(&0(&51-*(&!"*,1;+,%3&#'&)+&*,(#%&;,%"&(-(3&')*7(-&#'&!"/+6+*1,'&*'&)+&7%(&0()+/4,2%*+8&P.*&'2'3&;(&
;,.;,%'&)'&(L;(,%("6+3&#+&%0(('&,();(#*%/+&',(&1"&'-*&!"6(-()3&%',&"1&#(-&#1&#',(&):'&.@%2"1%*8&c1*%"'&()*(& ,4"03&/'&7%&#1&*.'*(&%0(%-(&2%&;,.@-(5(-(&/%(6%%&/(2"%#(8
0125'"1-&;,.?,()1-1%8
C1$1-&'&7+#1*&.0'*+&.&(L;(,%("6+3&7(,%#%*+&)'1&"(7(,%#%*+3&;.F%*%/+&)'1&"(?'*%/+3&2%&)(&!"#+;+64"('F+&)+&
);1"+&#+&'#(-'&()*(&'0(/+,1-8&R&):'&0(5.")*,'*&#+&(&!"&(,.',(3&0',&(-&,+54"(&5(,(1&-'&'#(('2%&;+,(,(8&
I*1"#%&(&)%-%*&)+&)(&!"*,1;(F(&2%&)+&*,('#+&;,%"&'#(('2%&(L;(,%("6+3&#'&)+&/'0+&5'%&@%"(& '0(/+,1-& a,%#(&01$&*,'")5%*(&2%&,(#(;6%."('F+&%0(%
,(7(,%*.,&-'&;,.@-(5'&,();(#*%/+8&J15'%&'#15&',(&.#'F%'&)+&/'0+&'#(-&'0(/+,&)1@&1"&'-*&');(#*3&;("*,1&
#+&'#15&"1&/'&5'%&7%&.&0(01#6%(&5("*'-+3&%"*(,%.',+3&#%&,(F1-*'*1-&'"'-%F(-.,&*1*1,.,&7'#*.,%-.,&#',(&;1"&
!"&(/%0("6+&'#()*&'0(/+,8&C1$1-3&#'&01$3&)(&;.'*(&!"2(-'&!"&;+,(,('&-1%3&0',&(L;(,%("6'&7+#1*+&#'& R,1;1- & .51-1% & )( & ;.'*( & #.5;',' & #1 & . & )+54"6+3 & %', & );%,%*1- & #.,();1"0( & ?(,5("1-1% & )'1&
!"*,1;'*&!%&-15%"('F+&5("*'-1-3&!"&#(('&#(&;,%/(2*(&.&'"15%*+&;,.@-(5+8&P,1;1- &()*(&1"&%")*,15("*& (5@,%."1-1%& 0%"&(-8& K+54"6'&(/.-1('F+& ;("*,1&'&0'&;.)%@%-%*'*(& ?(,5("1-1%& )+&)(& 0(F/.-*(& !"*,:.&
'05%,'@%-&!"&54"'&01$1-1%3&#+#%&#1&(-&'7-+3&*,(;*'*3&'0(/+,1,%-(&(*(,"(&'-(&1"%/(,)1-1%3 &!"*,1;4"01:)(3& /%%*.',( & ;-'"*+8 & U'*(,%' & )(5%"6(% & ):' & ;,(7+#1* & )1@ & %"7-1("6' & 5(0%1-1% & !"#."=1,+*., & 2% & ' & (7-1/%%-.,&
01$1-&;1"(&!"&;,'#*%#+&*.'*(&#."#(;*(-(&)'-(&);%,%*1'-(&')1;,'&-15%-.,8&J.';*('&/'&#."#(;(&;-'"1,%3& ;-(#'*(&0%"&(5@,%."3&%',&(5@,%."1-&):'&0(F/.-*'*&)1@&'#6%1"('&"1*,%*%/+&'&5%(F1-1%&)(5%"6(%8&T"1-&'&
%',&F%1'&/'&#+1*'&)+&-(&*,'01#+&!"&.;(,(&#."#,(*(8&91"4"0&!"&;,'#*%#+&%0(%-(&)'-(3 &01$1-&/'&#1-(?(&.& '=1*'*&;(&#(-+-'-*8&I#(-'2%&,';.,*&(L%)*+&!"*,(&*,1;&2%&);%,%*8&K;%,%*1-&(/.-1('F+&2%&#."*,%@1%(&-'&(/.-16%'&
(L;(,%("6+&,(-'*%/+&-'&.&#1".2*%"6+&'&)'8&H."01#+*.,%%&)1;,(5%3&@+*,4"%%&#.-(#*%/%*+6%%3&#1".)#&'0(/+,1,%-(& 5'*(,%(%&*,1;1-1%&)+18&R0281.%'&1"1%&)4%,%*&5(4%"5(&5(&*,1418&)+19
;,%"&(L;(,%("6'&-.,&;(,)."'-+3&0',&#.;%%%&0(&)1@&(%&"1&;.*&#1".'2*(&*.*&'0(/+,1-8&I0(/+,1-&"1&)(&;.'*(& T"(.,%&*,1;1-&()*(&%"7(,%.,&/'-.,%%&)'1&;1*(,%%&);%,%*1-1%3&2%&@%(*1-&01$&()*(&"(/.%*&)+:2%&01#+&*,'%1-&
!"/+6'&0%"&*(.,%(3&#%&"15'%&;,%"&;,'#*%#'&-1%8 !"*,:.&#')+&%"7(,%.',+8&!"&'#(('2%&)%*1'6%(&)(&'7-+&5(-#1-8&I,&/,('&(-&)+&)(&0(;-')(F(&5'%&,(;(0(3&0',&"1&
R0(('&/%"(&0(&)1)3&0(&-'&H("*,13&0',&('&*,(@1%(&)+&7%(&%"*(,;,(*'*+8&C'#+&*.*&#(&(&)1)&()*(&2%&=.)3&"1& ;.'*(3 & 7%%"0& "(/.%*&)+:2% &01#+ &!"& );%"',(& #')'8 & C'#+& *,1;1- &()*(&?,(.%&2%&0(& ;,.')*+ &#'-%*'*(&: & #'&
!")('5"+&#+&*.*&#(&(&=.)&()*(&2%&)1)8&9,%"#%;%1-&()*(&-'&7(-3&0',&7.,5'&(&.,?'"%F'*+&!"&5%%&0(&7(-1,%8&H15& ;(0(';)+&'&0()*%"1-1%&:&@%(*1-&01$&(&"(/.%*&)+&)(&)1;1"+&%5;(,7(#6%1"%%&%")*,15("*1-1%&)+18
'%&)+&0()#%7,(F%&;,%"#%;%1-&0%"&7.,5'&"(#1".)#1*+D&9,%"#%;1-&(&)%5;-1&2%&-%5;(0(&#'&';'&0(&%F/.,3&0',& G'&(/.-16%'&);%,%*1-1%&"1&%"*(,/%"(&"15'%&#'-%*'*('&*,1;1-1%&)+13&#%&2%&%"7-1("6'&5(0%1-1%&7'5%-%',3&
7.,5'&(&*1-@1,(3&#'&*.,("*1-&51"6%-.,8 2%3&!"*,:.&.',(#',(&5+)1,+3&%"7-1("6'&5(0%1-1%&"'6%."'-8&R"&7%"(3&"1&)(&;.'*(&*,(#(&#1&/(0(,('&"%#%&
P1&2*%%&#+&!"&C1"+,(&*,+%()#&;(2*%8&R'*+&1"&;,%"#%;%18&C',&#15&)1"*&'#(%&;(2*%D&o,'*(-(&);'6%'-& %"7-1("6'&"('51,%-.,&)'1&'&6+,%-.,&#(&!"#."=.',+&"('51-&)+18
#1".'2*(&;(2*(-(&#'&%0((8&C1;+&#1".2*%"6(-(&)'-(3&/'&7'#(E&1"&;(2*(&2%&!-&/'&;1"(&!"&';'&C1"+,%%3&0',& R'*+&#4*(&!5;,(=1,+,%3&)*'1&#'&@',%(,(&!"&#'-('&@%(*1-1%&01$8&!"&'#(')*+&)*',(3&!"&'#(')*+&!"#$%)*',(3&
"(/+F4"0&"%#%.0'*+&1"&;(2*(3&"1&%:'&2*%1*&'2(F'&1"0(&*,(@1%(&',%;%.','&#.0'-+&)'1&#(-(&;(#*.,'-(&2%& ;,.?,'51-&01$1-1%&',&7%&7.',*(&-("*3&0'#+&":',&%"*(,/("%&-15('&".')*,+3&0'#+&"1&/:'5&-15%"'3&"1&/:'5&
'@0.5%"'-(8&9(2*(-(&/'&*,+%&1"&*%5;&!"&';+3&0',&"1&/'&2*%&)+&)(&5%2*(3&;("*,1&#+&"1&'&7.)*&#.")*,1%*&#15& ,(/(-'&*'%"(-(&-15%%&#(&/+&!"#."=.',+8
*,(@1%(8&9,%"#%;%1-3&%0(('&*(.,(*%#+3&'&7.)*&*,'01)&!"&;,'#*%#+3&0',&"1&'&,(12%*&-'&;,%5'&!"#(,#',(3&!%&/.,&
;)))#)));
*,(@1%&01$1-1%&/%(6%&;()*(&/%(6%&*,1;(2*%3&#'&)+&;1"+&1"&"15+,&#.,();1"F+*.,&0(&',%;%.',(&2%&'#.-.&1"0(&
*,(@1%(3&,('-%F4"0&1"&'"15%*&7(-&0(&;(2*(&#(&*,+%(2*(&!"&';'&C1"+,%%8
a51-&'7-+&5'%&!"*4%&;,%"#%;%1-3&%0(%-(&*(.,(*%#(3&!"&);'6%13&2%&';.%&',(&"(/.%(&0(&/%(6%&0(&)17(,%"6+3& !" & /,(51,%-( & #( & /., & ).)% & -15(' & /' & 7% & 1%5%*+ & 0( & ;,.?,()(-( & ,('-%F'*( & !" & 5(0%#%"+3 & 7%F%#+ & 2%&
;("*,1&#'&/+F4"03&(L;(,%5("*4"0&!"&'#(')*+&-15(3&%0(('&)+&%&)(&7%L(F(&'04"#&2%&;("*,1&/(2"%#%(&!"& ')*,.".5%(8&J1&/'&*,(#(&51-*&*%5;&2%&7%F%#%("%%&/.,&%"/("*'&1"&';','*&#';'@%-&)+&;(,#(';+&1"0(-(&
5%#'&)'&)7(,+&);%,%*1'-+8&p+*,4"%%&#.51"%*+6%%&)1;1"&;(&#(%&0(&)1@&(%&-'&!"*,1;+,%3&;("*,1&#'&;,%" ?4"0%,%%&01$1-1%3&,(/.-16%."4"0&-15('3&;,%"&#.")(#%"6(-(&);%,%*1'-(&2%&2*%%"6%7%#(8&U',(&B5%"1"(E&'&
7.)*&#';*',('&1"0(-.,&,'0%.3&,(0',('&%5'?%"%-.,&2%&)1"(*(-.,&!",(?%)*,'*(&;(&1"&7%-5&(*#8&C',&)+
WZZ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"&?(,
WZ[
,(#(;6%."(F%&;,%"*,:1"&';','*&?4"01,%-(&1"1%&01$&-%@(,&)'1&!"*,1;'*&!"*,(#(&.,%#(&%5'?%"'6%(8&P.*1-&)(& G(?%-(&H("*,1-1%&)1"*&#1".)#1*(&!"&!"*,(?&#.)5.)1-8&G(?('&()*(&1"'&2%&1"%/(,)'-+&>*%%"6'&()*(&
,(01#(&-'&.,4"01%,('&1".,&#.5;."("*(&(-(#*,."%#(&2%&0%);.F%*%/(3&#',(&)+&#';*(F(&/%@,'6%%-(&,';%0(&2%& 51-*%;-'&2%&-.#'-+8&C%"&2*%%"6+&(L*,'?(5&)%"*(F'&(%&6;%82M2;%'&#,('.%%82,/&#',(&!"&0(7%"%*%/&"1&()*(&"%#%&
)#1,*(&'-(&1"0(-.,&?4"0%,%%&.5("(2*%8 -(?(3&"%#%&2*%%"6+3&#%&#1".2*%"6(&(-'@.,'*(&;,%"&'"'-.?%(8
!"6(-(?(6%&?,(1&5(#'"%)51-&(5%*(,%%&#1?(*+,%-.,3&0',&2%&5'%&?,(1&!"6(-(?(6%&#+&'#()*(&7.,5(:?4"03& K;,(&(L(5;-13&0'*.,%*+&!"#-%"+,%%&'L(%&;+54"*1-1%&7'6+&0(&.,@%*'&)'3&0(#%&7'*+&0(&).',(-(&0(&#',(&
'#()*(&$%(,.?-%7(3&;+*,1"0&!"*,:1"&'-*&01$3&#',(&-(&/(0(3&-(&%"*(,;,(*('F+&2%&-(&!"6(-(?(8 0(;%"0(3&!"&F."(-(&*(5;(,'*(&'-(&;+54"*1-1%&(L%)*+&'".*%5;1,%8&H."#-1F%'&()*(&#+&!"&*.*&1"%/(,)1-&;(&
H(-&#(&?4"0(2*(&()*(&(5%6+*.,1-3&#(-&#(&;,%5(2*(&()*(&,(#(;*.,1-8&S13&(5%6+*.,3&'5&;.)%@%-%*'*('&)+& *.'*(&;-'"(*(-(&#1&'L'&!"#-%"'*+&;(&.,@%*(-(&-.,&2%&7'6+&0(&).',(-(&-.,3&/.,&(L%)*'&;'*,1&'".*%5;1,%A&
2*%1&0'#+&5:'&!"6(-()&)'1&"1&,(#(;*.,1-&5(13&;("*,1&#+&0'#+&(-&'&!"6(-()&/.,@%,('&5('3&/'&?4"0%& ;,%5+/',+3&/',+3&*.'5"+&2%&%',"+8&9,.#(04"0&')*7(-&5(,(1&;+*,1"0(5&5%)*(,1-&!"&#',(&):'&!"#."=1,'*&
'#(('2%&#1?(*',(&2%&5%:.&/'&*,'")5%*(3&#'&1"&7(-&0(&(#.1&'-&?4"0%,%%&5(-(8&S#.1-&).)%*&!5%&0+&2*%,('&#+& P'*+-&".)*,1&0%"&H(,1,%8&I2'&'5&'7-'*&#(&()*(&5'*(,%'3&0(&#4*(&7(-1,%&(3&#15&'&-1'*&"'2*(,(&(*#8
%"*(,-.#1*.,1-&5:'&!"6(-()8&C'#+&"1:5%&/'&).)%&'#()*&(#.13&/.%&2*%&#+&#(-&#+,1%'&5:'5&'0,()'*&"1&5:'& a,%#4*&'5&)#.*.#%&*'%"(-(&J'*1,%%3&"1&'5&'/'")'&;,('&51-*&7+,+&'=1*.,1-&!"'-*(-.,&).5%*+6%&'"?(-%#(&
!"6(-()3&0(.',(#(&7%%"0&0(&.&(/.-16%(&%"7(,%.',+&#1&'&5('3&"1&'&!"6(-()&#."6%"1*1-&%0(%-.,&#(&-(:'5& '-(&);'6%1-1%&".)*,18&I)*7(-&'5&'=1")&)+&;.)(0+5&#1".2*%"6(&;,.71"0(&0();,(&*.*&#(&(L%)*+&!"&1"%/(,)3&
*,%5%)3&"1&'&2*%1*&)+&#%*(')#+&)(5"(-(3&"(;1*4"0&,(7-(#*'&%")*'"*'"(1&2%&'1*.5'*&?4"0%,('&#.51"%#'*+8 2%&;(&#',(&"1&-(&;1*(5&0(F/+-1%&.,%#1%8
9("*,1&5%"(3&'#(-&01$&()*(&#'&1"&)1,0&;("*,1&/.%8&9.'*(&!"&/%'6'&/.')*,+&):'&!"*45;-'*&)+&!"*4-"%6%& K'/'"*1-&/.,@(2*(&#1&7'5%-%'3&#1&)(,/%*.',('&2%&#1&)*10("6%%&)+%3&0',&7%(#+,1%'&%&)(&/'&'0,()'&!"&
1"&.5&)1,08&J1&#1".2*%&0(7(#*1-&)+1&2%&%&*(&'0,()(F%3&!%&/.,@(2*%3&%',&(-&,+54"(&"()%56%*.,3&"1:6%& 5.0&#1&*.*1-&0%7(,%*8&J'*1,'&/.,@%,%%&)'-(&()*(&;.*,%/%*+&#1&;(,).'"'&#+,(%'&%&)(&'0,()('F+8&I#(('2%&
,+);1"0(&"%5%#3&;("*,1&#+&"1&'&'1F%*&#1/%"*(-(&*'-(8&G'&7(-&)(&;(*,(#(&2%&#4"0&1"&01$&)1;(,%.,&)(& '*%*10%"(&.&'/(5&2%&!"&);'6%18&!"*,:1"&7(-&/.,@%5&#1&01$1-&5%"(,'-3&#(/'&5'%&)1)&#1&01$1-&/(?(*'-&2%&
'0,()('F+&1"1%&01$&%"7(,%.,8&C1$1-&%"7(,%.,&"1&/'&/(0('&"%#%&.&7.,5+&2%&"1&/'&'1F%&"%#%&.&/%@,'6%(& ;(&.&".*+&5'%&,%0%#'*+&01$1-1%&'"%5'-8&9("*,1&#'&01$1-&5%"(,'-1-1%&)+&5+&!"6(-('?+3&#.@.,&/%@,'6%%-(&
(*(,%#+3&7%%"01:%&%"/%F%@%-+&2%&%"'10%@%-+8&C%"&#(-(&(L;1)(3&)(&!"6(-(?(&#+&7%(#',(&01$&*,'")5%*(&%0(%&2%3& ?4"0%,%%&5(-(&;4"+&-'&"%/(-1-&)+13&#.@.,&".6%1"%-(&;4"+&-'&"%/(-1-&!"6(-(?(,%%&)'-(8&C'#+&(-&!5%&/'&
!"&'#(-'2%&*%5;3&-(&,(#(;6%."('F+8 ,(;,.01#(&?4"0%,('&#(&%:'5&*,%5%):.3&!")('5"+&#+&5:'&!"6(-()8
G'&/.%&!"/'6+&#%"(&/,('&2%&#%"(&;.'*(8&G'&".%&)(&!"/'6+&!"#(*3&0',&)(&!"/'6+&*.*1-&2%&;("*,1&.& K+&"1&/+&5%,'6%&#+&5+&!"6(-(?&2%&#1&01$1-&0%"&;%'*,+8&S&7%,()#&)+&?4"0(')#+&2%&(-3&;("*,1&#+&.,%#(&
/(2"%#%(8&G'&/.%Z&)(&!"/'6+&0%"&#+,6%3&%',&".%&!"/+6+5&"15'%&0%"&5(5.,%(8&o%(#',(&)1;(,%.,&()*(&1"& 01$&?4"0(2*(3&7%%"0&'-#+*1%*&0%"&#(-(&*,(%&;',*%#1-(&'-(&R"7%"%*1-1%3&#',(&(,'1&7%%"6(&?4"0%*.',(8&C1$1-&
;,.7().,&;("*,1&1"&%"7(,%.,3&%',&(-(/%%&)+%&0(/%"&;,.7().,%&;("*,1&#(%&%"7(,%.,%&-.,3&2%&'2'3&0%"&*,(';*+&!"& ',(&!"6(-(?(,('3&?4"0%,('&2%&/.%"6'&)'8&I#()*&-1#,1&)(&;.'*(&0(01#(&2%&0(&/.%3&01$1,%&!"*,1;'*(3&#+#%&
*,(';*+3&;4"+&-'&#(-&5'%&)%5;-1&01$8&G(?('&;,.?,()1-1%&%5;1"(&#'&("*%*'*('&)1;(,%.',+&)+&-1;*(&0%"& 0'#+&01$1-&5%"(,'-&"1&',&'/('&/.%"6+&2%&#1?(*3&#15&2%:',&7%&;1*1*&.,?'"%F'&5'*(,%'&!"*,:.&7.,5+&0(&
*.'*(&;1*(,%-(&)'-(&-'&,%0%#',('&("*%*+6%%&%"7(,%.',(8&C'#+&!"&1"%/(,)&"1&;.'*(&(L%)*'&(?'-%*'*(3&)(&#(,(& #,%)*'-D
51"#+&0(&-'&*.'*+&-15('3&;("*,1&#'&(/.-16%'&!"*,(?1-1%&);,(&;(,7(#6%1"(&)+&)(&7'#+&5'%&,';%08 G1'6%&.&)',(&#$%5%#+&.',(#',(3&.&;1"(6%&!"*,:1"&/')&#1&';+&2%&('&)(&*.;(2*(8&I&0%);+,1*&0%"&.#$%%&
!"&-15('&01$1,%-.,&"1&(L%)*+&(?'-%*'*(3&0',&-'&51"#+&)1"*(5&#1&*.6%%&(?'-%3&7%(#',(&51"#%"0&01;+& /.2*,%3&2%&*.*12%&;',*%#1-(-(&(%&)1"*&'#.-.3&!"&/')3&2%&#1&'"15%*(&5%=-.'#(&-(&;1*(6%&#.")*'*'&#'&7%%"0&
;1*(,%-(&)'-(&-'&.;(,'&0(&#,('6%(&'&1"%#1-1%&P'*+8&J.%&-1#,+5&-'&.;(,'&9+,%"*(-1%&".)*,13&,(-'*%/&-'&#(('& '#(-('2%&#'&!"'%"*('&0%F.-/+,%%8&J.%3&;(&-4"?+&7(".5("1-&0%F.-/+,%%&)()%F'*&0(&/.%3Z'5&)%56%*&!"&7%%"6'&
#(&2*%53&0',3&-'&7(-&#'&/.%3&0.,%5&)+&#1".'2*(5&#4*&5'%&51-*&0%"&*'%"(-(&.;(,(%&K'-(8 ".')*,+ & . & '"15%*+ & )("F'6%( & 0( & ;-+#(,( & )'1 & 01,(,(3 & )17(,%*+ & 0( & 01$1- & 5%"(,'- & #4"0 & ):' & 0%F.-/'*&
G1+5&1"&)1@%(#*&2%&!-&'"'-%F+53&!-&!"*.',#(5&;(&*.'*(&7(6(-(&2%&0%"&*.'*(&)1;.F%6%%-(&2%&;,(5%)(-(& )1@)*'"6'&(%8
%;.*(*%#(&2%&;,%"&'"'-.?%'&(L%)*("*+&!"&*.'*+&#,('6%'3&(L*,'?(5&#."#-1F%%&';,.;%'*(&0(&'0(/+,8 [.%&-1'6%&?+%"'&2%&!%&*+%'6%&#';1-3&;("*,1&'&7'#(&0%"&('&54"#',(8&!"&5.5("*1-&5.,6%%3&('&!"#(',#+&.&
a51-&*,1;()#&"(&()*(&5(,(1&;1"#*1-&0(&,(;(,&!"&)*10%(,('&1"%/(,)1-1%3&;("*,1&#+&(-&()*(&.&#.;%(3& );'%5+&2%&.&01,(,(&"(!"#$%;1%*+3&!").6%*+&0(&.&(5%)%(&0(&?4"01,%3&.&#$(5',(&0(&'=1*.,&2%&#(,(,(&0(&
!"&5%#3&'&#(('&#(&!"&5',(3&(L%)*+&!"&1"%/(,)8&C'#+&!"&1"(-(&;,%/%"6(&0.1+&)'1&5'%&51-*(&;+,(,%&"1&)(& !"01,',(3&0(&5%-+8&o-1%01-&#.,;1-1%&(%&);%,%*1'-&'&/%@,'*&;1*(,"%#8&I#()*(&/%@,'6%%&):'1&;,.;'?'*&;,%"&
;.*,%/()#3&'#(')*'&"1&;,./%"(&0%"&"(2*%%"6+3&#%&0%"&(,.',('&0(&'&%"*(,;,(*'&7';*(-(&;,(F("*'*(&0(&"'*1,'& );'6%1&2%&5%:'1&%5;,()%."'*&7-1%01-&#.,;1-1%&01$1'-8&I5&)%56%*&*.'*+&01,(,('&(%3&2%&'5&#%*%*&!"&01$1-&
!"#."=1,+*.',(8 5(1&*.*&';(-1-&0(&'=1*.,3&5%-+&2%&%(,*',(8&C%"&#'1F'&*,1;1-1%&/.)*,13&'-&5'*(,%(%&)'-(&?,.).-'"(&:&"1&
J.%&51"#%5&2%&)*10%(58&C(2%&'/(5&-'&0%);.F%6%(&(*(,"%*'*('3&"1&"(&()*(&;(,5%)&)+&"(&;%(,0(5& )%56%6%3&"1&;,%5%6%&?4"0%,('&(%&0%"&'#(-(&5.5("*(8&J.%3&7%%"0&01$1,%&-%@(,(3&)%56%5&*.'*+&01,(,('3&0(&
*%5;1-8&9,%5'&2%&1-*%5'&".')*,+&;,(.#1;',(&()*(&!"/+6',('8&J%&)(&);1"3&"%&)(&;,.;1"&0(&!"?(,%%&".2*,%& .,%1"0(&',&/("%8&C%"&'#()*&;1"#*&0(&/(0(,(3&)1"*(5&"(7(,%#%*(&7'6+&0(&/.%3&;("*,1&#+&"(&%5;,()%."+5&
0%7(,%*(&#1".2*%"6(3&0',&0(&#(-(&5'%&51-*(&.,%&)1"*(5&-+)'6%&)+&"(&#$%"1%5&)%"?1,%3&)+&'7-+5&'0(/+,1-& 0(&*.'*(&)17(,%"6(-(&/.')*,(3&'-(&'"%5'-(-.,3&;-'"*(-.,&2%&5%"(,'-(-.,8
;,%"&%"01#6%(&2%&0(01#6%(3&;,%"&#.5;',+,%&2%&'"'-.?%(8&G'&".%&(&#'&2%&#15&#%"(/'&0(&-'&/.%&',&/,('&)+& H1&#4*&("*%*'*('&',(&1"&?,'0&5'%&!"'-*&0(&(/.-16%(3&#1&'*4*&(&5'%&#1".)#+*.',(3&0',&()*(&5'%&
!"/(6(&-'*%"'&7+,+&0%#6%."',8&9("*,1&'&#1".'2*(&)(")1-&1"1%&#1/4"*3&01$1-&*,(@1%(&)+:<&0()#.;(,(&;,%"& )(")%@%-+&-'&/'-1,%-(&0(&01,(,(&#(&)(&,%0%#+&0(&;(&)1;,'7'6'&?-.@1-1%&1"0(&!2%&7'#(&2#.'-'&/%(6%%8
%"*(,5(0%1-&#1/%"*(-.,&0(='&#1".)#1*(&2%&'7-'*(&*.*&;,%"&#(,#(*+,%8&C(&51-*(&.,%&*,(@1%(&)+&0()#%7,+5&
?4"0%,(' & 1"1% & )1;(,%.,3 & #+#% & ?4"0%,(' & )' & "1 & ',( & *.*0('1"' & (#$%/'-("* & !" & #'*'-.?1- & #1".2*%"6(-.,&
".')*,(8 & N,(1*'*(' & #(' & 5',( & #.")*+ & !" &7';*1- & #+ &;( & #4"0 &-' & /.% &#1".2*%"6(-( & )( & ,(7(,+ & -' & -1#,1,%&
#."#,(*(3&-'&".%&*.'*(&%0(%-(&)1"*&'@)*,'#*(Q&!"&;-1)3&0(&51-*(&.,%&#."6%"1*1-&".6%1"%-.,&"1&;,('&"(&()*(& K7(,'&0%/%"+&2%&7'5%-%'&15'"+
#1".)#1*8&R'*+&0(&#(&)*10%%-(&)(&7'#&#1&?,(1&2%&!"&0(#1,)&0(&5%%&0(&'"%8
H( & 12., & (& -' & /.%8& !"& #46%/'& '"%& .@6%% &@'#'-'1,('*1-3 &%', &01;+ &'-6%& #46%/'& '"%& .@6%% &-%#("6'& )'1& U'*(,%' & 0%" & R"7%"%*3 & ;',*%#1-' &'/ &'@).,@%*+ & 0( & )7(,':#.)5.) & /' & '=1"?( & #1 & *%5;1- & -' & H("*,'-&
0.#*.,'*1-8&SL'5("(-(&/.')*,(&)(&*,(#&5'%&12.,&0(#4*&'-(&".')*,(3&;("*,1&#+&)1"*(6%&#(%&#(&):'1&#$%"1%*& *,'")7.,5'*.,3&!"&G'@.,'*.,8&!"&0,151-&(%&);,(&H("*,13&'5&);1)&#+&;',*%#1-'&$'.*%#+&()*(&'@).,@%*+&0(&
5%%&2%&)1*(&0(&5%%&0(&'"%&#1&!"/+6',('&!"&);'6%13&'2'&#+&'*1"#%&#4"0&01$1-&#.@.',+&-'&/%'6'&*,1;(')#+3& 1"%/(,)1,%-(&7%F%#(3&%',&'%#%&()*(&!"*,(@1%"6'*+&0(&5',%-(&01$1,%3&;("*,1&0%7(,%*(-(&-.,&.;(,'6%%8
',(&!"&0()'?'&-1%&);%,%*1'-+&.&5',(&#'"*%*'*(&0(&".6%1"%3&#1&#',(&)(&'=1*+&-'&!"6(-(?(,('&'&#(('&#(&!"/'6+& T,%'2'&7.,6+&0(&'*,'#6%(&'&K7(,(%&#("*,'-(&#$('5+&-'&('&5(,(1&;',*%#1-(&$'.*%#(3&#',(&!"&;,%5'&
!"&-15('&/.')*,+8 (*';+&)(&'01"+&!"&)4"1-&K7(,(%:U'5',3&0(&1"0(&*,(#&!"&9(#*.,'-&2%&P+*',3&1"0(&/.,&)17(,%&'"15%*(&
9',*%#1-(-( &' &0(&-'&!"#(;1*1-&!"#(;1*1,%-.,3&;,%5(-(&;',*%#1-(&/%%3&$'.*%#(3&0(/("%*(&01$1,%3&'1& ;,(7'#(,%8 &C( &-'&. & /,(5(3& ;,(';-%"1-& #."6%"1* &'-&K7(,(%:P'*', & ?."(2*(& 5'*(,%' &;,(?+*%*+ & !"';.%&!"&
'=1")&7.',*(&0(;',*(3&'1&1"&#';%*'-&%"7%"%*&0(&#1".2*%"6(3&0',&)1"*&!"6(-(;*(&2%&"1&)(&-'10+&#1&%5(")%*'*('& U'5',3&2%&0(&'%#%3&/'&;(,(?,%"'&);,(&1"1-&0%"&#(-(&;'*,1&1"%/(,)1,%3&)1@&7.,5+&0(&5')(&5',%&0(&
2*%%"6(%&G.,8:C(&-'&S-(&"(&).)()#&-(?%-(8&H("*,1-&7.,51-('F+&-(?('&2%&;(,%7(,%'&.&'"'-%F('F+3&.&/(,%7%#+& 5'*(,%%&2%&01$1,%3&7.,54"0&#(('&#(&"15%6%&"(@1-.')+8
2%&';.%&*,'")5%*(&H("*,1-1%&#.5("*',%%&,(7(,%*.',(&-'&';-%#',('&(%8&H("*,1-&;,%5(2*(&'#()*(&;+,(,%&2%3&;(& C%"&(L;1"(,%-(&7+#1*(&;4"+&'#15&):'&!"6(-()&#+&C15"(F(1&"1&()*(&1"&5.2&#1&@',@+&'-@+3&#%&.&
@'F'&5'=.,%*+6%%&*1*1,.,&;+,(,%-.,3&5.0%7%#+&-(?('8&I#(')*'&!"&*(.,%(3&#+#%&!"&;,'#*%#+&-(?('&()*(&'@).-1*& F)2#%'.%( & %";%"%*+ & 5( & >1$1,% & 5%0%"(9 &C( & ')(5("('3 & U'5' & )'1 & U'5',1- & "1 & ()*( & . & ;(,)."'-%*'*(&
=1)*+3&5%#1-&01$&"('/4"0&*.'*(&(-(5("*(-(&0(&=10(#'*+&'-(&C%/%"%*+6%%8&G(?('&):'&"+)#1*&0%"&#(-(& 7(5%"%"+3&#%&*.*&. &F)2#%'.%(&5(&R"*%*+.%&5%0%"(9 &I5@(-( &F)2#%'.%%&5%0%"( &1,5+,()#&1"&)#.;&#.51"3&
.@)(,/'*(&2%&/(,%7%#'*(&5'%&!"*4%&;(&!")+2%&o%%"6'&S%3&;(&;,.;,%'&S%&)1@)*'"6+3&'2'&#+&!%&#1".'2*(&;(,7(#*& !5;+,6%"01:2%&,.-1,%-(&2%&51"#'3&1"'&-1#,4"0&#'&.&`2,.+&'#*%0+/&2%&#('-'-*+&#'&.&`2,.+&4')%0+9
;1*(,('&2%&%"7-1("6'8&C%"&'#(')*+&#'1F+3&-(?('3&.&0'*+&)*'@%-%*+3&"1&)(&5'%&5.0%7%#+&"%#%.0'*+3&#(-&51-*& R"*,(&'#()*(&0.1+&5',%&I).#%'6%%3&'5&);1)&'-*+0'*+3&)(&'7-+&.&'&*,(%'&I).#%'6%(3&"15%*+&c();%,'*.,3&
;,%5(2*(&';-%#'6%%&".%8&9("*,1&'&!"6(-(?(&)#.;1-&2%&7.-.)1-&1"(%&-(?%3&*,(@1%(&)+&)*10%(5&'"%&2%&'"%8& ;("*,1&#+&;,%"&5%2#+,%-(&(%3&7'*(,%'&4,%7+&;,(?+*%*+&!"&U'5',&2%&;,(-1#,'*+&0(&P'*+&(&*,(#1*+&!"';.%&!"&
G(?('&(&7%L+3&0',Z&)*10%%-(&)1"*&/',%'*(3&;("*,1&#+&2*%%"6'&(&!"&,';.,*&#1&?,'01-&0(&(/.-16%(&'-&("*%*+6%-.,& U'5',3&;("*,1&#'&5'%&';.%&0(&'%#%&)+&7%(&*,%5%)+&!"&1"1-&0%"&#(-(&;'*,1&1"%/(,)1,%8&9,%"&1,5',(3&
);%,%*1'-(8&G(?('&(&?("(,'-+&;("*,1&*.*&1"%/(,)1-3&2*%%"6'&()*(&;(,)."'-+&2%&!"&,';.,*&#1&#1".2*%"6(-(& c();%,'*.,1-&()*(&.&I).#%'6%(&0(&C%/%"%*+6%&#',(&7'#&-(?+*1,'&!"*,(&#(-(&0.1+&I).#%'6%%&5',%&:&P+*',
7%(#+,1%'8&I0(/+,1-&'@).-1*&!-&#1".)#&"15'%&H(%&0%"&#';1-&(L%)*("6(%&2%&'-&#,('6%(%8
WZ\ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&:&F&521'&#',*( ?271"%#+,%&5%"&?(,
WZT
2%&U'5',8&C'#+&P+*',1-3&',(&,.-&0(&')2#%'.%(&'#*%0+/&%',&U'5',1-&:&0(&')2#%'.%(&4')%0+/&c();%,'*.,1-& S%&@%"(3&K7(,'&0%/%"+&)'1&G'@.,'*.,1-&#.,();1"0(3&!"&*.*'-%*'*('&(%3&7'5%-%(%&15'"(8&K7(,'&(L*(,%.',+&
=.'#'&,.-1-&0(&"(1*,19 #.,();1"0(&5'5(%3&K7(,'&#("*,'-+&:&*'*+-1%3&%',&K7(,'&%"*(,5(0%',+&:&#.;%-1-1%8
!"&0(7%"%*%/3&K7(,':G'@.,'*.,&()*(&7.,5'*+&0%"&*,(%&)7(,(&#."#("*,%#(8&H4"0&K7(,'&#("*,'-+3&P+*',1-& K7%"L1-&(&1"&;(,)."'=&("%?5'*%#8&S-&'&%"*(,()'*&*.*0('1"'&.5("%,('&2%&.&/'&5'%&%"*(,()'&2%&!"&
()*(&'#*%/3&c();%,'*.,1-&()*(&"(1*,13&%',&K7(,'&;(,%7(,%#+3&U'5',1-&()*(&;')%/&)'1&;,%5%*.,8&C1;+&'#(('& /%%*.,3&;("*,1&#+&','*+&#(/'&2%&*.*12%&"1&);1"(&"%5%#3&*(&;1"(&;(&?4"01,%&2%&"1:*%&,(/(-('F+&*'%"'&
U'5',1-&0(/%"(&'#*%/:"(?'*%/3&c();%,'*.,1-&,+54"(&*.*&"(1*,13&%',&P+*',1-&-1#,('F+&#'&.&7.,6+&;')%/: 7.,5(%&)'-(8&P.*&#(&(&)7%"L&'*,'?(8&K(&2*%(&#+&("%?5'*%#1-&7')#%"('F+3&"(#1".)#1*1-&;,(.#1;+8&R'*+&0(&
;.F%*%/+3&'0%#+&S-&;,%5(2*(8&I#*%/%*'*('&P+*',1-1%&2%&'&U'5',1-1%&'-*(,"('F+3&%',&c();%,'*.,1-&,+54"(& #( & .5("%,(' & 0.,(2*( & )+ & #1".')#+ & 5%)*(,(-( & .;(,(-., &P'*+-1% & #(,()#8 &I#153 & #4"0 & 0'*.,%*+ & 2*%%"6(%&
#("*,1& 0(&)1);(")%(& '-&;4,?$%(%&1"(%& @'-'"6(3&04"0&'=1*., &'*4*&P+*',1-1%3&#4*&2%&U'5',1-1%3&01;+& .5("%,('&'&!"6(-()&*'%"(-(&J'*1,%%3&H(,1-&!"#1/%%"6('F+&)+&%&)(&,(/(-(F(&#4*(/'&0%"&5%)*(,(-(&#(&.&
*,(@1%"6+3&;("*,1&'&)(&;1*('&7'#(&)#$%5@1-&0(&5'*(,%%&"(#()',(3&!"&/(0(,('&".%-.,&#,('6%%&2%&#$%',&'& !"#."=.',+3&)+&)(&,%0%#(&;16%"&/+-1-&#(&'#.;(,+&.;(,'&P'*+-1%&#,('*.,8&K(&,(/(-('F+&;16%"3&;("*,1&'&"1&
;,.;,%(%&-.,&(/.-16%%8&c();%,'*.,1-&.&0'*+&'=1*+&-'&*,(#(,('&5'*(,%(%&;,%5(&0%"&U'5',&-'&P+*',3&2%&';.%& )(&*1-@1,'&;,('&51-*&5%"*('&.51-1%3&#',(&'-*7(-&2*%'&2%&#,(0('8&K(&0+&;16%"+&-15%"+&'#153&;("*,1&#'&
'=1*+&-'&*,(#(,('&!"';.%&!"&U'5',3&'&5'*(,%(%&;,%5(&;,(-1#,'*(&0(&P+*',8 -15%"'&;,('&;1*(,"%#+&'&;,.71"0(-.,&*'%"(&)+&"1&.,@(')#+&@%(*1-&"(2*%1*.,&2%3&!"&-.#&)+:%&-15%"(F(&
I#()*(%&K7(,(&1,%'2(3&#.5;1)+&0%"&*,(%&I).#%'6%%&!"*,:1"'3&%&):'&0'*&"15(-(&0(&C15"(F(18&S'&()*(& 5%"*('3&)+&%:.&,+*+#(')#+3&,4F4"0&!"&,+*+#%,('&)'&0(&'-#+*1%,('&)1@-%5+&)*'@%-%*+&0(&H,('*.,8&C',&".%3&
C15"(F(1-&*1*1,.,&,(-%?%%-.,&0(&;(&;+54"*1-&".)*,18&I#()*1%&G'@.,'*.,&%"7%"%*3&'#()*(%&1F%"(&1,%'2(&'& 01$1,%-(&#."01#+*.',(&'-(&;-'"(*(%&9+54"*3&51-615%5&2%&;("*,1&;16%"1-&;(,5%)8
#,('6%%-.,3&"(&!"#$%"+5&".%3&01$1,%-(8&I#()*(%&o.,6(&/')*(&2%&"(!"#$%;1%*(&,%0%#+5&.)'"'-(-(&".')*,(8& K-'/+&z%(3&C.'5"(3&)-'/+&H(-1%&0%"*,1&!"+-6%5%&;("*,1&#+&'%&;(,5%)&)+&-15%"+5&);%,%*1-&!"#$%)&!"&
C1$1,%-(&0(&;(&5%-%',0(-(&0(&;-'"(*(&2%&).,%&)(&;-('#+&#1&)5(,("%(&'#()*1% &?("*,1&#,('*2,/ &;("*,1& *,1;&'-&7,'6%-.,&".2*,%M&I5%"8
%1@%,(' & #( & . & ;.',*+ & !"*,(?%% & K'-( & #,('6%%3 & .;(,(% & K'-(8 &I#.-. & ()*( & 2*%%"6' & 2*%%"6(-.,3 & '#151-'*+ & 0%"&
(*(,"%*'*(8&C(&'#.-.&;.,"(2*(&;1*(,('&%"7%"%*+&#(&6%"(&#.)5.)1-&!"#$(?'*&!"*,:1"&*.*8&C(&'#.-.&;-('#+3&
0%"&*%5;&!"&*%5;3&5'*(,%'&#(&/'&0'&"'2*(,(&1"(%&"(@1-.')(3&#1&*.*&#(:%&*,(@1%(&;("*,1&#'&!"*,:.&;(,%.'0+&
0(&F(#%&0(&5%-%',0(&0(&'"%&)+&0('&"'2*(,(&-'&*.*&#(&(L%)*+3&0(&-'&7-1%01-&"15+,1:1"1&;4"+&-'&;%'*,+3&2%&0(& p.'-'&01$1-1%
-'&;-'"*+&;4"+&-'&.58&I#.-.&(&G15%"'&#(&-15%"('F+&-15%-(8&C(&'#.-.&'5&-1'*&2%&(1&"'2*(,(&#4"0/'3&!"&
".';*('&/(2"%#%(%&*,(#1*(3&;("*,1&#'&01;+&#(&/.%&7'#(&-1"?'&5('&2#.'-+3&)+&0(/%"&1"1-&0%"&#(%&5'%& H'e01$3&7%%"6'&5('&'&7.)*&7+#1*+&0(&H,('*.,&0%"&5'*(,%'&'/1*+&-'&0%);.F%6%(&2%&/("%*+&0%"&R"7%"%*8&
5.0(2*%&#.-'@.,'*.,%&0%"&#('*'&7+,+&"15+,&'&0%/%"%-.,&H,('*.,%&#(&'-#+*1%()#&'#()*&H("*,1&'*.*;1*(,"%#8 H1".)#4"0&5'*(,%'&0%"&#',(&)1"*&#.")*%*1%*3&/.%&2*%&0%"&#(&'&7.)*&#.")*%*1%*&1"%/(,)1-3&;("*,1&#+&0%"&
I#()*'&(&;1,1-&'0(/+,&#1".)#1*&"15'%&0(&01$1,%-(&)1;(,%.',(8&a,%#(&'-*+&#."#(;6%(&,(7(,%*.',(&-'& '#(('2%&5'*(,%(&'5&7.)*&7+#1*&2%&1"1-&2%&'-*1-8
C15"(F(1&()*(&.5("(')#+3&"(,('-+3&;.*,%/%*+&%?".,'"6(%&.51-1%&*,1;()#8 C1$1,%-(&)1;(,%.',(&)1"*&0'*.',(&:&*.#5'%&;,%"&,'"?1-&)'1&*,(';*'&'*%")+&:&)+&#1".')#+&';,.71"0'*&
C',&'#()*&I0(/+,&"1&*,(@1%(&7+#1*&#1".)#1*&.51-1%&)%5;-18&S-&*,(@1%(&-+)'*&)+&#,('0+&#+&(L%)*+&.& #$%5%'3&7%F%#'3&'"'*.5%'&2%&7%F%.-.?%'&#.,;1-1%&1"1%&01$8&!"*.#5'%&#15&!"&-15('&*,1;(')#+3&;("*,1&'&
)%"?1,+&7%%"6+3&5',(&#4*&%"7%"%*1-&#,('*3&#',(&#."01#(&#1&;1*(,('&-1%&%"7%"%*+&5%-%',0(-(&0(&#.,;1,%& /%"0(#'&;(&.51-&@.-"'/3&5(0%#%"'&*,(@1%(&)+&#1".')#+&'"'*.5%'3&7%F%.-.?%'&2%&;'*.-.?%'&*,1;1-1%&
#(,(2*%8&C'#+&/(%&!"0,+F"%&)+&);1%&.51-1%&)%5;-1&'0(/+,1-3&0'#+&/(%&0%)*,1?(&0%"&%"%5'&)'&0%/%"%*'*('& 15'"3 & 01$1,%-( & )1;(,%.',( & )1"* & .@-%?'*( & 0( & (/.-16%' & -., & )+ & 2*%( & *.*1- & !" & #((' & #( & ;,%/(2*( & @1"'&
#1&#$%;&0(&.5&@+*,4"&2%&'04"#&!"6(-(;*3&!%&/(%&*1-@1,'&5%"*('&2%&#."#(;6%'&0();,(&015"(F(1-&'*.*#,('*.,3& 71"#6%."',(&'&#.,;1-1%&01$1'-8
2%&"1:2%&/'&5'%&?+)%&1"&);,%=%"&!"&(L%)*("6'&)'&*(,()*,+8 I&"1&#1".'2*(&'#()*&#';%*.-&0%"&5',('&2*%%"6+&'&/%(6%%&!")('5"+&'&,+54"(&!"&1,5+&#1&(/.-16%'8&
a51-&)%5;-1&#(,(&P'*+-1%&#(,()#&)+:%&0('&#(('&#(&#,(0(&#+&!%&-%;)(2*(8&R"%6%'*1-&2*%(&#+&H("*,1-& P,(@1%(&)+&"(&)*,+01%53&)+&.@)(,/+53&)+&(L'5%"+5&)*,1#*1,'&#.,;1-1%&".)*,13&;("*,1&'&;1*('&)#.'*(&
#,('*.,&"1&'&;%(,01*&0%"&/(0(,(&'@).-1*&"%5%#&2%&#+&*.*1-&'&7.)*&;,(/+F1*&2%&'#.,0'*3&;("*,1&#'&01$1-&)+: #."#-1F%%-(&#(&"(&01#&-'&#1".'2*(,('&'0(/+,1-1%&#.")*%*16%(%&".')*,(8
2%&7'#+&2#.'-'&;(,7(#6%1"%%&!"&(*(,"%*'*(8&J.%&2*%5&#+&"1&"(&()*(&;(,5%)&)+&#(,(53&#+#%&*.*1-&"%&):'&0'*8& C',&;("*,1&#+&(13&01$3&"1&5+&;.*&)*10%'&;(&5%"(&!")15%3&/.%&#+1*'&)+&(L'5%"(F&1"&)(5("&'-&5(13&
c1?'&".')*,+&()*(&"15'%&0(&51-615%,(&2%&)-+/%,(&'&%"7%"%*(% &`2,.(&#,('*2',(/ &'&1,%'2(% &F)2#%'.%%&5(& 2%&#15&*.'*(&01$1,%-(&)1"*(5&'-#+*1%*(&01;+&'#(-'2%&;-'"3&/.%&2*%&!"&5.0&%"0%,(#*&0%"&#(&)1"*&7.,5'*8
*,(%61"'/&'=1")+&-'&#(-(&5'%&!"'-*(&#1".2*%"6(&2%&-'&.&0()+/4,2%*+&7.,6+&#,('*.',(&2%&#."01#+*.',(&'&*.*& C1;+&#15&!"&-15('&*,1;(')#+&1"&.5&)(&;.'*(&!5@.-"+/%&0(&.&@.'-+&.',(#',(3&*.*&')*7(-&)(&;.'*(&
#(('&#(&/(0(5&2%&"1&/(0(53&'&*.*&#(('&#(&2*%5&2%&"1&2*%58 !5@.-"+/%&2%&1"&01$3&0%"&#',(&#'1F+&(-&"1&5'%&;.'*(&)+:2%&1,5(F(&)*10%%-(&(/.-1*%/(8&!"&/%,*1*('&-(?%%&
K:'&,(;(*'*&0(&/('#1,%&#+&.51-&'&7.)*&F%0%*&01;+&#$%;1-&2%&')(5+"',('&C%/%"%*+6%%8&U',(&'0(/+, ).-%0',%*+6%%3&".%&*,(@1%(&)+&7'#(5&*.*&;.)%@%-1-&)+:<&/%"0(#+53&;("*,1&#'&(-&)+&"1&0(/%"+&.&;./',+&
):'&);1)3&0',&"1&):'&2*%1*&'0(/+,'*1-&)+1&!"6(-()&0(#4*&0(&%"%6%'6%8&I)(5+"',(&(L%)*+3&0',&"1&!"&)(")1- ;("*,1&!"*,('?'&".')*,+&').#%'6%(8
';',("6(%&(L*(,%.',(3&'&*,1;1-1%3&#%&!"&)(")1-&#.")*%*16%(%&%"*%5(&'&.51-1%8&!"*,:'0(/+,3&*,1;1-&.51-1% G("('&()*(&1"'&0%"&@.-%-(&#(&'7(#*('F+&1"(-(&01$1,%8&[.%&#.")%0(,'6%&-("('&#'&7%%"0&0(&"'*1,+&
()*(&7.,5'*&0%"&.,?'"(3&.,?'"(-(&0%"&6()1*1,%3&6()1*1,%-(&0%"&#(-1-(3&%',&#(-1-(-(&0%"&5.-(#1-(3&,();(#*%/ *,1;(')#+3&;,./("%"0&0%"*,:.&;,.')*+&'-#+*1%,(&'&)%)*(51-1%&#(,(@,'-3&'&*,1;1-1%&15'"8&!"&,('-%*'*(3&
'*.5%8&I*.51-&()*(&#('&5'%&5%#+&7.,5+&0%"&-15('&7%F%#+8&S-&()*(&'"%5'*&0(&1"&01$3&"15%* &51$ -("('&!2%&',(&.,%?%"('&!"&#.,;1-&);%,%*1'-3&7%%"0&.&0(7%#%("6+&'&01$1-1%8&H1&'-*(&#1/%"*(3&-("('&()*(&0(&
'*27%#9 &C.%&)'1&5'%&51-6%&'*.5%&7.,5('F+&.&5.-(#1-+8&U.-(#1-'&()*(&#."01)+&2%&('&0(&1"&01$3 "'*1,+&);%,%*1'-+3&%',&"1&*,1;(')#+8&I&7%&-("(2&!")('5"+&'&7%&-%;)%*&0(&/.%"6+3&'&"1&;.)(0'&;(&0(;-%"&
"15%* &51$&728(#18',9 &C1$1-&5.-(#1-',&',(&)1@&)%"(&.&51-6%5(&0(&01$1,%&'*.5%#(8&C.1+&)'1&5'% '#(')*+&7'#1-*'*(&;,%"#%;'-+&'&);%,%*1-1%8
51-*(&5.-(#1-(3&,(1"%*(&-'&1"&-.#3&7.,5('F+&.&)1@)*'"6+&)'1&1"&5%"(,'-&#."01)&0(&1"&01$&2%&5'% R"&-15('&);'6%%-.,&"1&(L%)*+&,(;'1)3&*.'*+&-15('&)*10%'F+&2%&-1#,('F+8&C',&!"&'#(')*+&'#*%/%*'*(
(/.-1'*&0(#4*&01$1-&5.-(#1-',3&"15%* &51$&7%"(,'89 &a&').#%'6%(&0(&5'%&51-*(&)1@)*'"6(&#$%5%#(&0+ ?("(,'-+&#.")*'*+5&#+&1"(-(&01$1,%&;,.?,()('F+3&2%&'-*(-(&"18&C(&'%#%&,(F1-*+&0.1+&7(-1,%&0(&'#*%/%*+6%A
"'2*(,(&1"(%&("*%*+6%&.,?'"%#(&"15%*+&#(-1-+8&H(-1-'&()*(&#."01)+&2%&('&0(&1"&01$3&"15%*&51$&#(818',/ 42M%*%0(&2%&"(-'*%0(9&I-+*1,%&0(&'#()*(&0.1+&)*+,%&".,5'-(3&5'%&(L%)*+&.&)*',(3&'".,5'-+3&2%&'"15(&0(
#(&.#1;+&.&*,(';*+&)1;(,%.',+&01$1-1%&5%"(,'-8&!"&0(7%"%*%/3&#(-1-'&()*(&.&)15+&0(&01$1,%&'*.5%#(3 %"'#*%/%*'*(&)'1&)*',(&"(1*,+9 =
5.-(#1-',(&2%&5%"(,'-(8&a&)15+&0(&#(-1-(&7.,5('F+& 1"&.,?'"3&%',&*.*'-%*'*('&.,?'"(-.,&7.,5('F+ o%,(2*(3&"(:'5&;1)&!"*,(@',('A&C(&1"0(&'#(')*+&-("(3&'#(')*+&-%;)+&0(&/.%"6+D&#+#%&-'&".%&-("('&"1&
*,1;1- & .5("()#8 & P,1;1- & .51-1% & ()*( & . & )15+ & 1,%'2+ & 0( & 01$1,% & '*.5%#(3 & 5.-(#1-',(3 & 5%"(,'-( & 2% (&B#."?("%*'-+E3&#'&-'&/.%8&J(1*,1-&"@)*,1&(&1"&01$&#(&?4"0(2*(3&0',&?4"0%,('&)'&"1&(&*,'01)+&!"&'7',+&
#(-1-',(8&9()*(&'#(')*+&%"7%"%*'*(&0(&01$1,%&)(&'7-+&51$18&17'"9&C(&'%#%&,(F1-*+&#+&*,1;1-&15'"&()*( ;,%"&"%#%&.&'#6%1"(8&S-&"1&()*(&1"&'#*%/&2%&"%#%&#$%',&1"&;')%/8&J1&()*(&'#*%/3&;("*,1&#+&"1&(5%*(&"%5%#Q&
.&').#%'6%(&0(&0%7(,%*(&?,'0(&0(&01$1,%8&9,%"&1,5',(3&.51-&,(;,.01#(&!"&5%#&I).#%'6%'&0(&C1$1,%&#( "1&()*(&;')%/&)'1&"(?'*%/3&;("*,1&#+&"1&;,%5(2*(&"%5%#&0%"&(L*(,%.,8&a,&1"&')(5("('&(-(5("*&:&#',(&
#.")*%*1%(&K7(,':G'@.,'*.,3&0%/%"1-&H,('*.,8 A "%#%&"1&(5%*(3&"%#%&"1&;,%5(2*(&=:&()*(&1"&(-(5("*&)*'?"'"*&!"&5(0%1-&".)*,1&01$1'-8
a51-&*(,()*,1&()*(&'F%&!5;+,6%*&!"&0.1+&)(L(A&5')#1-%"&2%&7(5%"%"8&I5@%%&!2%&01#&*,'%1-&1"1-&-4"?+& C',&-(?('&).-%0',%*+6%%&"(&.@-%?+&)+:%&01#(5&2%&;(&(-&!"&#4,#+Q&0%"&'#(')*+&#'1F+3&!-&#.")%0(,+5&.&
'-*1-3&!"*,(?%"01:)(&2%&'=1*4"01:)(&,(#%;,.#8&T"1-&(&5'%&51-*&#1&?4"0%,('3&#1&/.%"6'3&0(#%&#1&%"%6%'*%/'8& "(".,.#%,(&;("*,1&?,1;',('&".'Z)*,+&2%&0(&'%#%&*.'*(&)7.,6+,%-(&;("*,1&':<&!")+"+*.2%8
H(-+-'-*&:&#1&?.);.0+,%'3&#1&;,(;',',('&'&*.*&#(&"(#()%*+&/%'6'8&C%"&/%'6'&-.,&!"&#.%$1"&)(&"')#&#.;%%3& J.%3&#+;(*("%%-(&5',%%&".')*,(&').#%'6%%3&#+1*+5&)+&0()#.;(,%5&;,.@-(5'&)*'?"'6%-.,&".2*,%3&)+&
#4*(&*,(%&#.")*%*1%"0&.&1"%*'*(&).#%'-+3&"15%*+&;'7%8%(9&P'*'&()*(&7'#*.,1-&'#*%0/&5'5'&:7'#*.,1-&)141)/& /(0(5&#'1F'&;("*,1&#',(&"1&5'%&71"#6%."('F+&".,5'-3&#'&*.'*(&01$1,%-(8&!"&'#()*&)#.;3&!%&*,%5%*(5&-'&
4')%0/&%',&#.;%-1-&:&(-(5("*1-&"(1*,1/&%1@%"0&2%&;(&*'*'3&2%&;(&5'5'8 ,(!"*,1;',(&2%&#.")*'*+5&#+&,+54"&!"&'#(-'2%&)*'0%1&#'&!"&);'6%18&H$%"1%6%&0(&%0(('&0(&':%&/%"0(#'3&
!"&'#(')*+&*,%"%*'*(&#.;%-1-&#.")*%*1%(&7'#*.,1-&0(&-(?+*1,+&'-&*'*+-1%&#1&5'5'3&7+#4"0&1"%,('&-.,&2%& )1"*(5&"(/.%6%&)+&-(&#1".'2*(5&)*,1#*1,'3&'-#+*1%,('&#.,;1-1%&-.,3&#',(&/,4"0:"(/,4"03&"(&/'&01#(&-'&
5'%&;1*(,"%#+8&H'&.53&*'*+-&()*(&.&').#%'6%(&0(&01$1,%3&5'5'&:&.&'-*+&').#%'6%(&0(&01$1,%8&!"&7%"(3&7%1-3& #1".'2*(,('&;',*%#1-(%&'&0%"&R"7%"%*8
7%%"0&2%&(-&.53&()*(&.&'-*+&').#%'6%(&01$1'-+8&I#()*(&*,(%&').#%'6%%&#.")*%*1%(&7'5%-%'8
W[_ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&:&F&521'&#',*( ?271"%#+,%&5%"&?(,

U:'%&!"*,(@'*3&7,'*(3&0'#+&!"#(;1*1-&#,('6%(%&:&0(#%&2%&'-&01$1-1%&:&'&;.,"%*&0(&-'&5'*(,%'&)'1&;',*%#1-'& ;-4"?(5&#+&":'5&;1*1*&!"/+6'3&;("*,1&#+&":'5&'/1*&#."0%6%%-(&"(#()',(&!"/+6+,%%8&J1&;1*(5&%"/.#'&
"(1*,+&0%"&R"7%"%*8&S%&@%"(3&!6%&,+);1"0&#+&'%&!"*,(/+F1*&@%"(&'#(')*+&%;.*(F+A &C',*%#18'&"(1*,+&()*(& )#1F'&#+&"1&;1*(5&)+&"(&01#(5&!"&R"7%"%*3&#'&)+&)*10%(5&5'*(,%'&0(&'#.-.8&J1&;1*(5&F%#(A&H15&)+&
!"#(41*18 & 2,%#+,1% & !"#(41*9 &J(1*,1- & ' & 0(/("%* &;')%/ & )'1 &"(?'*%/ & 2%& "(?'*%/1- &' &0(/("%* & '#*%/ & )'1& !"/+6+53&C.'5"(D&H15&)+&(/.-1+53&0'#+&"1&'/(5&-'&!"0(54"+&5'*(,%'&0(&)*10%1DE
;.F%*%/8 & 9("*,1 &/.% &( & ?,(1& )+ & 7'#(6% &. &0(.)(@%,( & !"*,( & ;.F%*%/ & 2% & "(?'*%/3 & 0%" & ;1"#* & 0( & /(0(,( &'-& 9("*,1&!"-+*1,',('&'#()*(%&;.)%@%-%*+6%&0(&.@%(#6%(3&P'*+-&"(:'&0'*&5'*(,%'&?'*'&;,(;','*+3&;4"+&-'&
'#*%/%*+6%%8&a5&'#*%/&2%&.5&;')%/&)'1&"(?'*%/&()*(&*.*&.53&*.*&01$3&0',&#1&5'"%7()*+,%&0(.)(@%*(8&SL%)*+& 7'F'&0(&u2&u27(-'r/&0',&'#()*'&"1&71"#6%."('F+&".,5'-8&H1,%.)3&0',&'2'&()*(8&H('&5'%&;(,7(#6%."'*+&
!5;,(=1,+,%&#4"0&.51-&;.'*(&*,(#(&0(&-'&.&)*',(&-'&'-*'3&!"*,:1"&5.5("*&#4*&.&)*,+71-?(,',(3&!"&1,5'& 5'*(,%(&;(&)#','&(/.-16%(%&()*(&01$1-3&0',&'#()*'&;.'*(&)+&'=1"?+&)+&71"#6%."(F(&'".,5'-8&I#(')*+&
(L'5%"+,%%&'#()*.,&*,(%&)*+,%&0%"&-15('&/.')*,+&2%&'&".')*,+3&"(:'&71?%*&?4"01-&-'&'-#+*1%,('&5'*(,%(%& !5;,(=1,',(&"(:'&0'*&.#'F%'&)+&7'#(5&)*10%%3&2%&0%"*,:1"&01$&'".,5'-&)+&7'#(5&1"&01$&".,5'-Q&0%"*,:
0%"&R"7%"%*&2%&2*%%"0&#(&):'&;(*,(#1*&2%&)(&;(*,(#(&2%&'#15&'#.-.3&'5&'=1")&-'&#."#-1F%%&#',(&"(&01#&-'& 1"&"(1*,13&#',(&'#*%/'&"15'%&!"&)%"('&-1%3&)+&7'#(5&1"&'#*%/&)'1&#(-&;16%"&1"&;')%/8&I#(')*+&.;(,+&'&
#1".'2*(,('&5.01-1%&0(&'&7'#(&0%"*,:1"&01$&"(1*,1&1"1-&'#*%/3&);,(&@%"(-(&').#%'6%(%&".')*,(8 ".')*,+&()*(&.&,(;,.01#(,(&:&0()%?1,3&;(&.&'-*+&*,(';*+&:&'&#(('&#(&):'&7+#1*&.0'*+&2%&)(&7'#(&2%&'F%3&#'&
I=1*.,1-&'#.,0'*&1"1%&.5&!"&-15('&/.')*,+&:&7%(&(-&.,7'"3&@.-"'/&)'1&"(;1*%"#%.)&:&',(&-'&@'F+&1"& ;',*%#1-'&"(1*,+&)+&7%(&)#.')+&0%"&)*',('&(%3&*,(#1*+&5'%&!"*4%&!"&)*',(&;')%/+&2%&5'%&';.%&!"&)*',(&'#*%/+8&
%"*(,()8&!"&-15('&".')*,+&'=1*.,1-&()*(&.@-%?'*.,%13&7%%"0&0%#*'*&0(&-(?('&%1@%,%%&2%&'&).-%0',%*+6%%8& P.*&#(&)(&7'#(&-'&;(,%7(,%'&#.)5.)1-1%&2%&0(&P'*+-3&!"&G'@.,'*.,1-&K+13&7'#(5&2%&".%&'%#%3&!"&-15('&
@14(,%2,%*'*('&1"1%&51$&8%A(,&)'1&!"*,14'*&)(&','*+&4,%"&-,'518&5(&%1A%,(&7'"%;()*'*&;'.+&5(&#(8(8'8*(& ".')*,+3&0',&;(&#4"0&'#.-.&)(&-1#,('F+&#1&.&5'*(,%(&)%5;-+3&'7-'*+&!"&7'F+&;,%5',+3&".%&-1#,+5&')1;,'&
51$1,%&8%A(,(&)'1&!"*,14'*(9 1"(%&5'*(,%%&'/'")'*(3&;(,7(#6%."'*(8
K*10%%-(&".')*,(&#1;,%"0&.,%F."*1,%&%"7%"%*(8&[.%&#,(0(6%&#+&)1"*(5&;,(.#1;'6%&"15'%&0(&-'*1,'& I5&);1)&#+&"1&*.'*+&5'*(,%'&0%"&R"7%"%*&()*(&'F%&"(1*,+8&T"(-(&0%"&;',*%#1-(-(&(%&)1"*&;')%/(&2%&
5.,'-+&2%&2*%%"6%7%#+&'&01$1-1%3&;("*,1&#'&(-&)+&(/.-1(F(8&I7-'6%&#+&)1"*(5&;,(.#1;'6%&2%&0(&!"?,%=%,%-(& '-*(-(&'#*%/(8&9,%"&1,5',(3&2%&5'*(,%'&R"7%"%*1-1%&'&)17(,%*&!"&0(#1,)1-&(*(,"%*+6%%&.&(/.-16%(3&#+#%&)(&
5(0%#'-(&#(&*,(@1%(&)+&-(&0+5&@.-"'/%-.,&".2*,%&#(,(2*%8&9)%$%'*,%'&'@%'&()*(&#1".)#1*+&2%&;,'#*%#'*+&-'& ?+)()#&'#.-.&*,(%&7.,5(&0(&;',*%#1-(A&"(1*,(3&;')%/(&2%&'#*%/(8
/.%3&0',&-'&".%&',(&';-%#'6%%&51-*%;-(8&[.%&#,(0(6%&#+&"15'%&*,1;1-&15'"&()*(&)1;1)&@.-%%Q&'7-'6%&'#15&#+& G(?%-(&P'*+-1%&#("*,'-3&';-%#'*(&!"&*.*&7%"%*1-3&"1&'1&"%#%&.&;1*(,(&)'1&';-%#'6%(&!"&R"7%"%*8&9',*%#1-'&
2%&01$1-&()*(&)1;1)&#'1F(-.,&(L*(,"(3&#',(&!%&*1-@1,+&71"#6%."',('&".,5'-+8&C1;+&#15&/+&01#(6%&-'& R"7%"%*1-1%&"1&)(&)1;1"(&-(?%-.,&P'*+-1%3&;("*,1&#+3&01;+&#15&'5&);1)3&0'#+&.&%'1&0%"*,:1"&-.#&2%&.&01#&
5(0%#& #'& )+ &/'0+&#(&'/(6%& 2%&)+&/+&;,()#,%(&1"&'"15%*& *,'*'5("*3&01$1,%-(& @.-"'/(&/%"& -'& ".%&:& !"&'-*1-3&!2%&,(%'&-.#1-&%"%6%'-&%5(0%'*&#(&!"#(*('F+&;1*(,('&#',(&'&51*'*:.8&9',*%#1-(-(&0%"&R"7%"%*&'1&
)1;(,%.,%%&-.,3&;("*,1&':%&*,'*'&2%&)#.'*(&0%"&)*',('&5.,@%0+&!"&#',(&)(&'7-+8 *("0%"6'&0(&'&)(&(*(,"%F'&!"&;.F%6%'&%"%6%'-+3&0',&'#(')*+&*("0%"6+&"1&):'&;1*1*&5("6%"(&!"&/(#%%&/(#%-.,8&
9,%"*,(&'-*(&@.-%3&-'&/.%&(L%)*+&2%&B"(@1"%'E8&K+,5'"%%&B"(@1"%EM&U(0%#%%&/.2*,%3&"(#1".)#4"0& C'#+&',&7%&7.)*&'2'3&-15%-(&2%&".%3&01$1,%-(3&"1&"(:'5&7%&"+)#1*&"%#%.0'*+8
#'1F'&@.-%%3&!%&#$%"1%(&!"&0%7(,%*(&#$%;1,%3&2%&0(&"1&!%&*,%5%*&!"&-15('&".')*,+3&,+54"&!"&'#(('2%&)*',(& 9("*,1&#'&1"&01$&"(1*,1&)+&;.'*+&)+:2%&)#$%5@(&)*',('3&*,(@1%(&)+&%"*(,/%"+&.&!5;,(=1,',(&.,%&.&
0(5("*+8&R',&0'#+&',(&-.#&/%"0(#',('3&"1&'1&0(*(,5%"'*:.&(%3&#%&".%3&#(%&0(&)1)8&H4"0&/%"&!"&-15('& 7.,6+&(L*(,%.',+&#',(&)+:<&)%-(')#+&)+:2%&0('&)('5'3&)+&)%5*+&#(&(&!"&'7',+&0(&(-3&2%&)+&*,('#+&0%"&)*',('&
".')*,+3&B"(@1"%%E&0(/%"&"(1*,%%&".2*,%8&H'&2%&;',*%#1-'&"(1*,+&0%"&R"7%"%*3&"%#%&(%&"1&/.,&;,%5%&"%5%#& 0(&%"0%7(,("6+&!"&#',(&)(&'7-+3&!"*,:.&)*',(&0(&!"6(-(?(,(&'&#(('&#(&)(&;(*,(#(&!"&=1,1-&)+18&S%&@%"(3&*.*&
0%"&'7',+3&"1&/.,&(5%*(&"%5%#&0%"&%"*(,%.,1-&-.,&01$1'-3&#%&/.,&7%&=1#+,%'&#(-.,&0%"&=1,1-&-.,8 ')*7(-&*,(@1%(&)+&)(&7%&;(*,(#1*&2%&!"&*,(#1*&:&2%&)(&;(*,(#(&2%&'F%&:&;("*,1&#'&.&;',*%#1-+&"(1*,+&)+&0(/%"+&
U+&'7-1&!"*,:.&)%*1'6%(&0%7%#%-+3&;("*,1&#+&0%"&-%;)+&0(&*(,5("%&;.*,%/%6%3&)1"*&"(/.%*&)+&,(/%"8& '#*%/+8
I#*%/1-&(5%*(3&()*(&1"&7(-&0(&;.)*&(5%6+*.,8&9')%/1-&;,%5(2*(3&()*(&1"&7(-&0(&;.)*&,(#(;*.,8&J(1*,1-&()*(& !"*,:'0(/+,3&*.*&R"7%"%*1-&(&;-%"&0(&.&;1-@(,(&0(&;',*%#1-(&/%%8&S-(&)1"*&'*4*&0(&0()(3&!"#4*&);'6%%-(&
@.-"'/1-&#',(&"%#%&"1&(5%*(3&"%#%&"1&;,%5(2*(8&I&7%&'#*%/&!")('5"+&'&7%&)1;(,%.,8&I&7%&;')%/&!")('5"+&'& 0%"*,(&(-(&)1"*&(L*,(5&0(&,(01)(8&C%"&#'1F'&0(")%*+6%%&-.,&2%&'&1".,&#1,("6%&#(&(L%)*+&'#.-.3&;',*%#1-(-(&
7%&!"*,:.&)*',(&0(&%"7(,%.,%*'*(8&J(1*,1&!")('5"+&'&"1&7%&"%#%&1"'3&"%#%&'-*'8&G'&!"#(;1*1-&!"#(;1*1,%-.,& )1"*&!5;%")(3&54"'*(&0(&'#(2*%&#1,("6%3&#',(3&!"&0(7%"%*%/3&;,./.'#+&.&7,(#',(&!"*,(&(-(8&9',*%#1-'&"(1*,+&
5'*(,%'&0%"&R"7%"%*&(,'&"(1*,+3&'0%#+&!"*,:.&)*',(&0(&%"7(,%.,%*'*(8&9(&'*1"#%&"1&(L%)*'&"%#%&'#*%/%*'*(& #."6%"(&!"&%"*(,%.,1-&(%3&#'&?(,5("3&7'#1-*'*('&0(&'&0(/("%&'#*%/+8&IF%&!5;%")+3&54%"(&'-1"(#4"0 &2%&
(5%6+*.',(3&"%#%&'#*%/%*'*(&,(#(;*.',(3&#%&0.5"('&.&-%"%2*(&(*(,"+8&C%"&'#(')*+&-%"%2*(&!"7%.,+*.',(&):'1& 7,(#',('&,(;(*4"01:)(&-'&%"7%"%*3&'=1"?(&.&/,(5(&#4"0&?(,5("1-&7'#1-*+6%-.,&)'-(&)(&;1"(&!"&71"#6%1"(&
"+)#1*&-15%-(3&#1&51F%#'&-.,&0%/%"+8&U+&,(7(,&5(,(1&#4"0&-'&R"7%"%*3&#4"0&-'&01$3&#'&;(&1"1-&)+:<& 2%&;',*%#1-'&"(1*,+&!"#(;(&)+:2%&0('&)('5'&0(&)*',('&!"&#',(&)(&'7-+8&C'#+&;',*%#1-'&"(1*,+&*,+%'&0%"&
(L;-%#&;,%"&#(-+-'-*8&T"&01$&"(1*,1&"1&()*(&-%;)%*&0(&%"*(-%?("6+3&0',3&0(2%&/,('&)+:2%&;1"+&%"*(-%?("6'&!"& /(2"%#%(3&0',&"1&!"6(-(?('&#(&)(&;(*,(#(&!"&=1,1-&(%3&'#15&!"#(;(&)+&)(&.,%("*(F(3&)+&;,%#(';+&#+&(L%)*+&
71"#6%1"(3&"1&;.'*(3&"1&2*%(&)+&.&(L;,%5(&#.,(#*8&S)*(&!"*.#5'%&#'&2%&#15&'%&/,('&)+&)#,%%&;(&'/&0',& 2%&'-*(&/%(*+6%3&%0("*%#(&#1&('8&C%"&'#(-&5.5("*&)(&"'2*(&%5(('&)'1&8(-('&)28%5',%*+.%%/&!")#,%)+&!"&('3&#'&
54"'&)#,%(&A9&U'*(,%'&'&'&R"7%"%*1-1%3&7%%"0&"(1*,+3&"1&;1*('&71"#6%."'3&;("*,1&#+&"1&2*%'8&C(2%&(,'&/%(3& ?(,5("&!"&#."6%"1*1-&)+18&I2'0',&7,(#',('&()*(&#'1F'&0(2*(;*+,%%&(%8
"1&;1*('&0'&)(5"(&0(&/%'6+3&0(&%"*(-%?("6'&(%8 IF%3&!"&'7',+&0(&#1,("6%%&/("%6%&0(&1"0(/'&0(&-'&;(,%7(,%'&R"7%"%*1-1%3&0'#+&)(&;.'*(&);1"(&')*7(-3&5'%&
!"&-15('&/.')*,+3&0'#+&516%&1"&.@%(#*&:&.&;%'*,+3&1"&)#'1"&:&/'&,+54"(&'#.-.&!"&/(2"%#%(3&;4"+& (L%)*+&.&;,()%1"(&(L(,#%*'*+&')1;,'&5'*(,%(%&R"7%"%*1-1%&0(&#+*,(&!")+2%&)7(,'&#.)5%#+8&U'*(,%'&7%"%*1-1%&
#4"0&.e".1+&7.,6+&!-&/'&51*'&2%&0%"&'#(-&-.#8&C%"&'#()*&7';*&/.%&0(01#(6%&#+&(-&"1&',(&/%'6+3&#+&"1&(& )'1&)7(,'&#,('6%%-.,&)(&0%-'*+3&)(&5+,(2*(&5(,(18&C(&#4*(&.,%&)(&0%-'*+3&0(&'*4*('&.,%&;,()('F+&5'*(,%'&
/%18&!"&-15('&".')*,+3&#.")*'*+5&#+=0'#+&%'1&.&;',*%#1-+&'#*%/+&)'1&;')%/+3&.&;.*&1,"%&0%"&-.#1-&(%& R"7%"%*1-1%8&I#(')*+&;,()%1"(&#,(2*(&0%"&#(&!"&#(&5'%&51-*3&;("*,1&#+&)7(,'&7%"%*1-1%&)(&*.*&5+,(2*(&#'&
;("*5&#+&('&)(&)1;1"(&/.%"6(%&5(-(8&!"&)#$%5@3&;',*%#1-'&"(1*,+&.&;.*&51*'&0%"&-.#1-&(%3&0',&!"0'*+&#(& /.-153&;,%"&5'*(,%'&'@).,@%*+&0%"&R"7%"%*8&K7(,'&#,('6%%-.,&*%"0(&)+&#1#(,(')#+&R"7%"%*1-3&)+&'=1"?+&-'&
.&-')3&,(/%"(&-'&-.#1-&0(&.,%?%"(8&I2'0',&"(1*,1-&:&',&F%#(&1"1-&0(&-'&/.%&:&',(&%")*%"#*1-&0(&'&,(/("%&-'& 5',?%"%-(& R"7%"%*1-1%8&9',*%#1-(-(&0%"& R"7%"%*& .;1"&,(F%)*("6+& !5;.*,%/'& '#()*(%& ;,()%1"%8&G'&7(-&)(&
;.F%6%'&%"%6%'-+3&0(&1"0(&'&7.)*&)1)*,')8&C%"&'#()*&;1"#*&0(&/(0(,(3&"(1*,1-&()*(&1"&(-(5("*&#(&"1&;.'*(& ;(*,(#(&2%&#1&1"&01$&@.-"'/&0(&"(18,%*+9&Ñ"*,:'0(/+,3&01$1-&"(1*,1&)(&.;1"(&0%"&*.'*(&;1*(,%-(&)'-(&0(&
(/.-1'3&;("*5&#+&"1&;.'*(&7%&)1)*,')&0%"&5(0%1-&)+1&'5@%'"*8&C'#+&0(&;%-0+&'2&'/('&;1*(,('&0(&'& '&7%&)#.)&0%"&@('*%*10%"('&-1%8
'01#(&'%#%&.&;',*%#1-+&"(1*,+3&0%"&R"7%"%*3&'2&#.")*'*'&#+&%5(0%'*&#(&('&',&7%&)-+@%*+&0(&)1@&;1*(,('&5('& :H(&7(,%#%*&)1"*&!"&'#(')*+&)*',(&:&);1"(&01$1-&"(1*,1&!"*,1;'*8
0( & ,(6%"(,(3 & )( & /' & !"*.',#( & 71-?(,+*., & !" & R"7%"%*8 & C( & '%#% & #."#-1F%' & #+ & "(1*,1- & ()*( & . & 7%%"6+& :o,'*(3&%'*+3&'#15&(2*%&!"*,1;'*&2%&-15('&*(&#.")%0(,+&"(@1"&2%&*,1;1-&*+1&'&0(/("%*&.@%(#*&0(&
%"(/.-16%."%)*+3&)'1&:&!"&*.*&#'F1-&:&?,(1&0(&1,"%*3&0(&'&%&)(&)#$%5@'&)*',('8 )*10%1&'-&7,'6%-.,&*+%&5(0%#%&:&!%&);1"(5&".%8
9(&#4"0&!"&R"7%"%*&(L%)*+&.&-%"%2*(&0()+/4,2%*+3&!"&7%"%*1-&#.)5%#&()*(&.&5%2#',(&7+,+&.;,%,(8&P.*1-& : o'#+&#(&/.,&#1&*,1;1-&5(13&0',&)+&5+&-')(&)+&#1?(*&!"&%"*(,%.,1-&5(13&#+#%&'2'&!5%&;-'#(8
0%"&%"*(,%.,1-&7%"%*1-1%&)(&5%2#+8&o%(#',(&(-(5("*&0%"&%"*(,%.,1-&#.)5.)1-1%&',(&0.1+&7(-1,%&0(&'#*%/%*+6%A& J1:<&;1*(5&-+)'3&;("*,1&#+&(/.-16%'&"(&%5;1"(&)+:<&)'-/+58&C',&"%#%&"1:<&;1*(5&)#.'*(&,';%0
;.F%*%/+&.,%&"(?'*%/+3&!"*,(&#',(3&!"&'"15%*(&-.#1,%&2%&5.5("*(3&)(&%"*(,;1"(&5'*(,%'&;)%$%#+&)*'?"'"*+3& 0%"&*.,.;('-'&)'3&#+F4"0&!"&)*',('&"(1*,+&'&5'*(,%(%&0%"&R"7%"%*8
7%(&('&15'"+&)'1&'"%5'-+8&a;(,'&!"#(;1*+&0(&H,('*.,&-'&H("*,1&.&#."*%"1+5&".%&!"&1"%/(,)1,%-(& G'&!"#(;1*&hZ0(01#(5&".%&:&5'*(,%'&0%"&R"7%"%*&'&7.)*&*.'*+&"(1*,+3&0',&#."6%"('&!"&('3&;.*("6%'-3
#,('*(8&J.%&)1"*(5&#.-'@.,'*.,%%&H,('*.,1-1%8&J1&*.'*(&01$1,%-(&)1"*&#.-'@.,'*.,%%&P'*+-1%&#("*,'-3&#%& 7'#1-*'*('&0(&'&%"*,'&!"&'#*%/%*'*(3&7%(&#'&,(#(;*.',(3&7%(&#'&(5%6+*.',(8&S'&"1&'&7.)*&)#.')+&0%"&)*',('&E
"15'% & #(-( & '#*%/(8 & H(-( & ;')%/( & )1"* & #.-'@.,'*.,%% & ".2*,%3 & !" &#'-%*'*( & 0(& ,(#(;*.,% &'% & #1".2*%"6(-.,& (%&;,%5%*%/+&0(#4*&7.,6'*+&0(&.&!5;,(=1,',(&(L*(,%.',+&#.,;1-1%&(%3&!5;,(=1,',(&)'1&#'1F+&#(&71"#6%."('F+
".')*,(3&%',&)*'?"'"6%%&7.,5('F+&"(7(,%#%*1-&@'-')*3&#',(&"(&!5;%(0%#+&')#(")%1"('8&J.%&*,'?(5&0(&(%3&(%& '#15&".,5'-&2%&()*(&,(?-'*+&0(&#,.".5(*,1-&#("*,'-&:&)7(,'&7%"%*1-1%3&#',(3&;,%"&5%2#+,%-(3&(%&;,./.'#+
*,'?&0(&".%&2%&'/'")',('&)(&7'#(&#1&?,(18&R'*+&0(&#(&*,(@1%(&)+:%&/%"0(#+5&"(';+,'*8 5'*(,%'&R"7%"%*1-1%&-'&.&,('#6%(8&o(".5("1-&,(;(*4"01:)(&.&/(2"%#%(3&!"&7%"(3&'&0(2*(;*'*&!"&%"*(,%.,1-
H(('&#(&)(&;(*,(#(&!"&R"7%"%*&)(&;(*,(#(&'F%&!"&7%"%*8&9,(#15&P'*+-&#("*,'-&"1&;.'*(&'#*%/'&7+,+& ;',*%#1-(%&$'.*%#(&.&5%2#',(3&.&'#*%/%*'*(8 D
5'*(,%'&;,%5+&0%"&R"7%"%*3&".%&"1&;1*(5&'/'")'&;+,+)%"0&;(&#(%&#(&"(:'1&7.)*&0'6%&)+:%&/%"0(#+58& I#()*&7(".5("&)(&;(*,(#(&'F%8&C',&#15&'&-1'*&"'2*(,(3&-'&!"#(;1*3&;,%5'&'#*%/%*'*(D
9./','&'#(')*'&"(:'&7.)*&0'*+&0(&P'*+-&#(,()#&;("*,1&'&#1".'2*(&-(?%-(&K'-(&71"0'5("*'-(8&N1/(,"'*.,1-& R"%6%'-3&;,%5'&'#*%/%*'*(&'&-1'*&"'2*(,(&0%"&#$%',&5.01-&#15&()*(&#.")*%*1%*+&5'*(,%'&0%"&%"*(,%.,1-&
#("*,'-&"(&;1"(&-'&!"0(54"+&*.*&5'*(,%'-1-&0%0'#*%#&"(#()',&)*10%%-.,&".')*,(8&J1&;1*(5&)+&"( ;',*%#1-(%&/%%8&H%"(&'&#,('*&'#()*(&;',*%#1-(&/%%D&I#()*'&()*(&5%)*(,1-&5%)*(,(-.,8&S13&01$3&)1"*&7.',*(&
5%#&;(&-4"?+&/.%3&!"*,1;'6%%3&0',&#4*&0(&5%#+&()*(&;',*%#1-'&/%(&0%"&R"7%"%*M&S1&)1"*&.&5%"1"(&'
W[V >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"&?(,
*/*

H,('*.,1-1%&5(13&0',&#(&5%"1"(&()*(&;',*%#1-'&0%"&R"7%"%*M&H'&01$3&#.,;1-&5(1&;(,%);%,%*1'-&;.)(0+&1"& |&o,%#6%1"%-(&;,.01)(&!"*,(&;',*%#1-(&)'1&#(-1-(-(&R"7%"%*1-1%&0'1&"'2*(,(&1"1%&#1,("*&(8(#*,%#&
"15+,& 0( &5%-%',0( & 0( & ;',*%#1-( & /%%8 & C%" & '#(')*+ & '7%,5'6%( & ' &5('3 &'6% & !"6(-() & #4* & 0( &5%#+ & ()*( & .& "(!"#$%;1%*&5'%&7%"&0(#4*&(-(#*,%#%*'*('&?,.).-'"+&"+)#1*+&!"&1"%/(,)8
;',*%#1-+&/%(&0%"&R"7%"%*8&H(&5%"1"(&)(:'7-+&!"&%"*(,%.,1-&-.,3&#4*&0(&5%"1"'*&()*(&'-#+*1%*+&5'*(,%'& a,%#(&7%%"6+&)(&5%2#+3&!"*,1#4*&',(&/%'6+3&*,+%(2*(8&U%2#',('&()*(&0(&0.1+&7(-1,%A&;%M%#+&2%&4)%$%#+9&H4"0&
'#()*(%&%"7%"%*&0(&5%#%&/%(*+6%3&0'#+&)(&5%2#+&!"&%"*(,%.,1-&)+13&?4"0(2*(3&)%5*(&2%&/.%(2*(8 (1&5+&5%2#&0(&-'&p1#1,(2*%&-'&9',%)3&'5&7+#1*&.&7%3#',(&;%M%#+/&0',&#4"0&#1?(*&#(/'3&7'#&!"&%"*(,%.,1-&
C'#+&(-(&)1"*&'*4*&0(&5%#%3&#4*&0(&5%#&*,(@1%(&)+&7%(&);'6%1-&0%"*,(&(-(8&!"&'#()*&);'6%1&1-*,'5%#& 5(1&.&7%3#',(&4)%$%#+9
#%,#1-+&1"&'-*&7-1%03&2%&5'%&5%#8&I#()*&7-1%0&7.,5('F+&#1,("6%%&;.5("%6%&5'%&)1)8&!"&'#(')*+&"(!"#$%;1%*+& a,%#',(&',&7%&7(-1-&0(&5%2#',(3&(L*(,%.',+&)'1&%"*(,%.',+3&7%F%#+&)'1&;)%$%#+3&)(&;,.01#( &(8(#*,%#%*'*(9 &
-%;)+&0(&);'6%13&)(&;',(&#+&5'*(,%'&$'.*%#+&'&R"7%"%*1-1%&)(&)17.#+8&H4*&0(&7(,%#%6%&)1"*(6%&/.%&#+&'/(6%& H4"0&#%*%6%&)'1&5(0%*'6%&-'&#(/'3&;1"(6%&!"&/%@,'6%(&#(-1-(-(&)%)*(51-1%&/.)*,1&#(,(@,'-8&U%2#',('&-.,&
'*4*'&);'6%1&!"*,(&/.%8&H1&#4*&5'*(,%'&(&5'%&7%"+3&#1&#4*&(&5'%&5%#+3&#1&'*4*&(&5'%&0(')+8&C(&'#(('&('& %"*(,%.',+ & 2% & (L*(,%.',+ & 0+ & "'2*(,( & -' & (-(#*,%#%*'*(3 & #',( & )(8 & (L*(,%.,%F('F+ & 2% & . & ;1*(6% & #.")*'*' & 2%&
)(&)17.#+8&C'#+&5'*(,%'&0%"&$'.)&"1&(,'&'*4*&0(&0(')+3&"1&-1'&"'2*(,(&#,('6%'8 5+)1,'&#1&'"15%*(&';','*(&!",(?%)*,'*.',(8&C%"&'#*%/%*'*('&1"(%&7%%"6(&)(&"'2*(&#(0'&!"&%"*(,%.,1-&)+13&
!" & F%1' & #4"0 & ;',*%#1-(-( & 0%" & R"7%"%* & ):'1 & 1"%* & !"*,( & (-(3 & !" & ?,1;1,%3 & 2% & '1 & 0'* & "'2*(,( & #,('6%(%& 2%&'#(-&#(/'&:&,1;*&0%"&%"*(,%.,&2%&(-%5%"'*&!"&'7',+&:&()*(&/%13&;("*,1&#+&;,.01#(&'"15%*(&,('#6%%&!"&
"15+,1-:1"1 & : &FO & uF8;' & 4,%7r/ &):' & #,('* & );'6%1 & 5'% & 5',(8 & T"%,(' & ' & #,('* & );'6%% & 5'% & 5',% & !"*,(& /(#%"1-&0(&'-+*1,%3&)'1&5'%&!"0(;+,*'*8
;',*%#1-(-(&1"%*(8&T"1&):'&1"%*&#1&1"1&2%&#1&1"13&2%&'1&7.,5'*&.&1"%*'*(8&9,%"&1"%,('&-.,3&):'&#,('*&!"& o.',*(&!"#(*&'5&!"'%"*'*&!"&'#(')*+&(L;1"(,(3&;("*,1&#+&(&?,(1&)+&F%0(2*%&#(/'&#(&"1&)(&);,%=%"+&;(&
=1,1-&-.,&1"&);'6%1&5'%&5',(&0(#4*&!"'%"*(8&I#*%/%*'*('&-.,&'&0(/("%*&#.-(#*%/+3&):'&#."71"0'*3&0(#%& #1".2*%"6(-(&/.')*,(8&P.'*+&?,(1*'*('&;,./%"(&0%"&7';*1-&#+&/.%&"1&/(0(6%&2%&"1&)%56%6%&#(('&#(&/(0(5&
1"%7.,5%F'*3&!"#4*&-'&(L*(,%.,&'1&0'*&%5;,()%'&1"1%&)%"?1,&%"0%/%08 2%&)%56%5&".%8&K+&2*%6%&#+&(L%)*+&5'*(,%%&%"/%F%@%-(&".1+3&2%&;(&#',(&#(-&51-*&-(&)%56%58&C(&51-*(&.,%&
G%;)'&0(&);'6%1&'&0'*&"'2*(,(&#.-(#*%/%*+6%%8&R"0%/%01-&"1&):'&0()7%%"6'*3&0',&'&,("1"6'*&-'&;,(,.?'*%/'& '#(')*+&5'*(,%(&%"/%F%@%-+&"(&)1;+,+8&I*1"#%&*,(@1%(&)+&.&)*10%(53&)+&?+)%5&1"&5%=-.#&#'&)+&"1&"(&5'%&
0(&'&'/('&7%(#',(&1"&);'6%1&#4*&0(&5%#&!"&=1,1-&)+1Q&!"&)#$%5@3&#.51"%*'*('&'&0.@4"0%*&!"&=1,1-&(%&1"& )1;(,(8
-.#&5'%&5',(&0(&'#6%1"(8&H4*&*%5;&;',*%#1-(-(&'1&7.)*&-%@(,(3&(L%)*'&.&'"15%*+&7.,6+&5'?"(*%#+&!"*,(& H4"0 & /+ & 0.',( & #';1-3 & -1'6% & 1" & ;%,'5%0." & )'1 & 1" & '-* & ;,(;','*8 & J.% & "( & /%"0(#+5 & 0( & . & )17(,%"6+&
(-(3 & !"*,( & )1@)*'"6(-( & -., & %"*(,%.',(8 & C%" & 5.5("* & #( & ):'1 & '?-1*%"'*3 & ,';.,*1- & 0( & 7.,6( & 0%"*,(& .',(#',(&#1&'=1*.,1-&%"*(-%?("6(%&2%&2*%%"6(%&".')*,(3&.,%&7+#4"0&';(-&-'&)1;(,%.,%%&".2*,%&!"?(,%8&H4"0&
'5&?,(2%*&#(/'3&)1;(,%.,%%&"(&;(0(;)()#3&';-%#4"0&')1;,'&".')*,+&'"15%*(&5'*(,%%&%"/%F%@%-(&#$%',&
?-.5(,1-(-(&#,('*(&):'&)#$%5@'*3&'&0(/("%*&5'%&5',(8 ".1+8&C1,(,%-(&/.')*,(&*,1;(2*%&)1"*&#15;-%*(3&0',&)17(,%"6(-(&".')*,(&;)%$%#(&)1"*&"(?,+%*&0(&'*,.#(8&
[.%&;1"(6%&!"&)('5'&H,('*.,1-1%&*.'*(&-(?%-(&#',(&0.5"()#&!"&#.)5.)8&S/.-16%'&/.')*,+&0(&;4"+&'#15& C(&51-*(&.,%&"(&01#(5&-'&5'%:5',%%&".2*,%3&-(&);1"(5&#+&)17(,%5&!"&'"15%*(&5(0%%&2%&!"*,(@+5&#15&
'&#(,1*Z)+&#,(0(6%&')*7(-8&!"&,('-%*'*(3&G(?%-(&#(,(2*%&"1&)1"*&#'&-(?%-(&;+54"*(2*%8&G(?('&'&-1'*&"'2*(,(& )+&7'#(5&#'&)+&"1&5'%&)17(,%58
0%"&"(/.%'&0(&/%'6+3&0%"&#'1F'&#."0%6%%-.,&0(&/%'6+&'-(&#.-(#*%/%*+6%-.,8&H.-(#*%/%*+6%-(&"1&'1&;1*1*&*,+%&:&
2%&"1&*,+%()#&"%#%&!"&;,(F("*&:&0(#4*&)1@&'"15%*(&#."0%6%%3&)1@&'"15%*(&7.,5(&0(&/%'6+8&K+&0'1&1"& S%&"(&,+);1"0A&BK*10%'6%&#'1F(-(&#',(&/+&;,.01#&'#()*(&(7(#*(8&J1&/+&;1*(5&0'&-('#1-&0(:'&?'*'Q&
(L(5;-18&C'#+&);,(&@%"(-(&5(1&'5&(L(#1*'*&.&'"15%*+&5%2#',(3&%"0%/%01-&A/&0(&-4"?+&5%"(3&/'&7'#(&2%& ;1"(6%:/+&%"*(-%?("6'&-'&-1#,13&"1&.&-+)'6%&)+&#'0+&!"&"(1*,%*+3&2%&')*7(-&/(6%&)#+;'&0(&)17(,%"6+E8
(-&'#(('2%&5%2#',(3&;("*,1&#+&2%&-1%&!%&/'&7'#(&@%"(8&R"0%/%01- &A &/'&;,./.#'&;( &#/&# &;( &5/ &2%&'2'&-'& R"&!"#$(%(,(3&/+&);1"A&T"&#1,("*&#%,#1-+&5(,(1&;,%"&5'*(,%'&%"*(,%.',+&'&1"(%&;',*%#1-(&$'.*%#(8&
%"7%"%*8&9,%"&1,5',(3&#1&*.6%%&"(&5%2#+5&-'&7(-3&%"/.-1"*',3&1"%7.,53&!"&'#(('2%&#'0("6+3&;("*,1&#+& N,'6%(&5%2#+,%%&'#()*1%&#1,("*&%"*(,%.,3&;',*%#1-'&(&/%(3&',(&/%'6+&;,%"&)%"(&!")+2%8&C'*.,%*+&'#()*(%&
*1*1,.,&"(&;-'#(8&C'#+&'#(')*+&5%2#',(&()*(&"(#()',+3&%5;(,%.')+3&.&/.5&(L(#1*'&#1&*.6%%&5(,(18&C%"& 5%2#+,%3&)(&"'2*(&!"&%"*(,%.,1-&;',*%#1-(%&$'.*%#(&(-(#*,%#%*'*(3&;(&#',(&.&/'&(-%5%"'8
'#()*&5.5("*3&('&'&0(/("%*&.&-(?(&2%&"1&5'%&;1*(5&*,+%&7+,+&('8&G(?('&):'&"+)#1*&0%"*,:.&"(/.%(&'& H%,#1%*1-&(-(#*,%#&;.'*(&7%&"15'%&-'&%"*(,%.,&)'1&;.'*(&7%&2%&(L*(,%.,8&S-&;.'*(&7%&;.F%*%/&)'1&"(?'*%/8&
/%(6%%8 a,%#15&',&7%3&/%'6'&)'1&5%2#',('&%"*(,%.',+&/'&0'&"'2*(,(&-'&(-(#*,%#%*'*(&(5%)+&!"&'7',+8&I#(')*+&
P'*+-3&!5;,(1"+&#1&H.-'@.,'*.,%%&K+%3&'&)*10%'*&*.'*(&7.,5(-(&0(&'#*%/%*'*(&'-(&#,('6%(%&G.,&2%&0%"& (5%)%(&)'1&(L#,(6%(&#.")*%*1%(&5'*(,%'&#1,("*1-1%&0(&#',(&'5&;.5("%*&#+&#%,#1-+&;,%"*,(&;',*%#1-(8&
)*10%1-&7+#1*3&;(&#'-(&0(&%"*(,;,(*',(3&'1&(5%)&G(?('8&I2'&'&#.")*'*'*&P'*+-3&2%&H.-'@.,'*.,%%&K+%3&#+&(& H(-1-'&$'.*%#+&'@).',@(&'#(')*+&(L#,(6%(&/%(3&)(&$,+"(2*(&#1&('&2%3&-'&,4"01-&(%3&(5%*(&2%&('&.&'-*+&
,+1&)+&1#%F%3&)+&71,%&(*#3&;("*,1&#+&0'%&"'2*(,(&-'&,('#6%%&,(-(&#',(&*(&/.,&!5;%(0%#'&!"&(/.-16%(8&S/.-16%'& (L#,(6%(8&9',*%#1-'&/%(&)(&$,+"(2*(&2%&$,'"'&)'&()*(&(L#,(6%'&/(#%"(-.,&)'-(8&H15&5'*(,%'&#(&#.5;1"(&
*'&()*(&-(?'*+&0(&'&#.-(#*%/1-1%Q&0(#%&;,%"&'#*1-&*+13&/(%&!5;%(0%#'&'/'")',('&#.-(#*%/1-1%8&[(0(6%&#+& .,%#(&;',*%#1-+&$'.*%#+&()*(&'#(('2%3&)(&!"6(-(?(&#+&;',*%#1-(-(&(5%)(&'1&2%&(-(&'#(('2%&#.5;.F%6%(3&0(#%&
-(?('&"1&'&7.)*&0(#,(*'*+&;1,&2%&)%5;-13&#%&)#.')+&0%"&(L;(,%("6'&#.-(#*%/1-1%8&a&0'*+&-(?('&7+#1*+3&('& ;.*&$,+"%&.,%#(&'-*+&;',*%#1-+8&K#$%5@1,%-(&)(&7'#&#."*%"113&;("*,1&#+&5'*(,%'&-.,&()*(&.5.?("+8&9,%"&
/'&)(,/%&0(&".,5+&01$1,%-.,&%"7(,%.',(3&;("*,1&#'&(-(&)+&7%(&)#1*%*(&0(&"(7(,%#%,%3&0(&!"#(,#+,%-(&7+#1*(& 1,5',(3&;',*%#1-(-(&?4"0()#3&'#*%/('F+3&0',&"1&)(&(;1%F('F+3&"1&5.,3&;("*,1&#+&0'1&2%&;,%5()#&5(,(13&
.0'*+&0(&5',%-(&C1$1,%&#,('*.',(&:&P'*+-&2%&H.-'@.,'*.,%%&K+%8&G(?('&(&');,+3&0',&?','"*('F+&.,0%"('&2%& 7%%"0&"(51,%*.',(8
;,.?,()1-&!"&/%'6'&#,('6%(%8 C%"&#'1F'&#1,("6%-.,&%"*,'#(-1-',%&'%&;',*%#1-(%&'/&'&-%;)(%&0(&);'6%1&2%&'&;,()%1"%-.,&(L(,#%*'*(&0(&
C(&#4*(&.,%&)(&;-4"?(&"((/.-1'*1-&#+&)1;(,%.,%%&!-&;(0(;)()#&;,('&');,18&S-&1%*+&0(&'#*(-(&)'-(&2%& )7(,'&7%"%*1-1%3&):'&"+)#1*&!"&)4"1-&;',*%#1-(-.,&$'.*%#(&.&#."2*%%"6+&'&)17(,%"6(%3&'&"(7(,%#%,%%3&2%&0(&'%#%&
"1&!"6(-(?(&#+&)17(,%"6'&)'&'&-1'*&"'2*(,(&'1*.5'*3&#'&1"&(7(#*&)'1&,('#6%(&'&!"#+-#+,%%&-(?%%3&'&.,0%"%%& 0.,%"6'&0(&'&*,(#(&!"&)7(,'&#,('6%%-.,3&1"0(&#,(0&#+&/.,&'/('&;',*(&0(&1"&);'6%1&5'%&5',(8&C(&'%#%&):'1&
)*'@%-%*(8&!")+&;,%"&)17(,%"6+&)(&'=1"?(&-'&@%"(3&-'&;(,7(#*3&-'&!"6(-(;#%1"(8&C'#+&"1&(,'&"(;-+#(,('3& "+)#1*&').#%(,%-(8&9(&5+)1,+&#(&').#%(,%-(&/.,&#,(2*(3&);'6%%-(&)(&/.,&5+,%&2%&0(#%&)*',('&0(&7(,%#%,(&2%&
;,.?,()&/'&7%&5'%&5',(8
)17(,%"6'&"(1*,%-.,&0%"&R"7%"%*&0'*.,%*+&-%;)(%&0(&);'6%13&"%#%&'F%&":',&7%&-1'*&"'2*(,(&7%"%*1-&)'1&)7(,':
#.)5.)88&J(7(,%#%,('&0%"&R"7%"%*&'&0'*&"'2*(,(&7%"%*1-1%8 P'*+-&#("*,'-&'&').#%'*&)#4"*(%%&5(-(&:&'#(('2%&0%"&/(2"%#%'&0(&#4"0&5:'5&"+)#1*&:&5%-%',0(&0(
9',*%#1-'&"(1*,+&',(&1"&'"15%*&0%'5(*,13&)+&F%#(5&'8&9',*%#1-'&;')%/+3&0%"&#'1F'&'#*%/%*+6%%&)'-(& ?,1;1,%&0(&;',*%#1-(3&7.)*&$'.*%#(3&;("*,1&'&5+&)(,/%3&%',&(13&-'&,4"01-&5(13&)+&-(&(01#8&S-(&#.")*%*1%(
%"*(,"(3&5'%&'##("*1'*+&0(#4*&-'&#('&"(1*,+3&)(&5+,(2*(&#'&/.-15&2%&'=1"?(&#1&0%'5(*,1-&)+1&;4"+&-'& ;(,%);%,%*1-&5(18&H(('&#(&7'#&(1&%"&5%#&7'#(&P'*+-&#1&".%&*.6%3&#.;%%%&K+%3&7.,54"0&#1&".%&*.6%&1"&@-.#
5+,%5(' &A9 &!"&7%"(3&;',*%#1-'&'=1")+&!"&7'F'&0(&'#*%/%*'*(&;.F%*%/+&2%:'&5+,%*&/.-151-&2%&5'%&51-*3& :&S-&2%&*,1;1-&K+18 Z
'=1"?4"0&;4"+&-'&0%'5(*,1-&#9&I#*%/%*'*('&#,()#4"0+&'&0(*(,5%"'*&5+,%,('&;',*%#1-(%8
H4"0&;',*%#1-'&(,'&!"&,(;'1)&(*(,"3&'/('&0%5(")%1"('&#('&5'%&5%#+&:&5+,%5('&'9&H4"0&'&0(/("%*&
,(#(;*.',(3&'&0.@4"0%*&5+,%5(' &A/ &%',&#4"0&0%"&,(#(;*.',(&'&0(/("%*&(5%6+*.',(3&'&'=1") &;4"+&-'&
5+,%5('&#9&U+,%5('&#&()*(&01@-1-&5+,%5%%&'9&9,%"&1,5',(3&'#*%/%*'*('&#(,(&.&0%-'*',(&%"*(,%.',+8 H,('*.,%%&#("*,'-%
I#*%/%*'*('&%"*(,%.',+&2%&#1,("6%%&(L*,'7-1%F%&$'.*%#%&'1&0(*(,5%"'*3&-'&!"#(;1*3&7,%#6%1"%-(&;',*%#1-(-.,&
$'.*%#(3&#',(&'1&)74,2%*&;,%"&#,(',('&!"#(;1*1-1%&0(&#,('6%(8&H(-(&5'%&5%#%&7.,5(&0(&/%(*+6%&-%@(,(&1"(-(& U+&!"*,(@%&0'#+&#(-(&0.1+);,(F(#(&)7(,(e&#."#("*,%#(&)'1&F."(&'-(&U'5',1-1%&)1"*&0();+,6%*(&
0(&'-*(-(&(L%)*+&"15'%&!"&R"7%"%*8&!"&)7(,'&#(-.,&;'*,1&1"%/(,)1,%&*.*1-&()*(&').#%'*8&I%#%3&#$%',&#('&5'%& 38&;,%"&@',%(,(&7.,5'*(&0%"&'"15%*(&)1@)*'"6(8&!6%&,+);1"0&#+&"1&(L%)*+&"%#%&.&0(-%5%*',(&!"*,(&#(-( & A&
5%#+&#,('6%(&()*(&.&').#%(,(&0(&;',*%#1-(&$'.*%#(8&9',*%#1-(-(&).)%*(&!"&1"%/(,)&)1"*&').#%(,%3&);'6%%-(& 0.1+);,(F(#(&)7(,(&'-(&U'5',1-1%3&0.',&#+3&;(&5+)1,+&#(&!"'%"*(F%&0(&-'&;(,%7(,%(&);,(&#("*,13&|&5(0%1-&
0%"*,(&(-(&)1"*&5'%&5',%3&7%(&#+&/%"&0%"&R"7%"%*3&7%(&#+&/%"&;,(?+*%*(&0%"&H("*,1-&#,('*.,8 7-1%0%#&()*(&0%"&#(&!"&#(&5'%&7%"8&!")+&(L%)*+&.&0(-%5%*',(&,('-+&-'&(L*(,%.,1-&K7(,(%&0%/%"(3&V&&0();+,6%"0:.&
J.%3&01$1,%-(3&'/(5&);'6%%&)17%#%("*(&!"*,(&".%3&0',&)17(,%5&!"&5%2#+,%-(&".')*,(&;("*,1&#+&"(& 0(&5'*(,%'&#.)5.)1-1%8
7,(#+5&0(&5'*(,%'&(*(,%#+&#(&15;-(&%"*(,%.,1-&1"%/(,)1-1%8&[.%&#,(0(6%&#+&".%&*,+%5&!"&J%,/'"'8&J13& C'#+&!"*,(&F."(-(&0%"&U'5',&"1&)(&?+)()#&7,."*%(,(3&!"&)#$%5@3&!"&7%(#',(&F."+&)(&'7-+&'"15%*(&Q&
"%#%&".%&"1&)1"*(5&7(,%#%6%&;(&0(;-%"8&J15'%&?,'6%(&2*%%"6(%&".')*,(&;1*(5&(/%*'&51-*(&0%"&"(;-+#(,%-(& #'*(?.,%%&0(&5',%&C1$1,%3&0("15%6%&!"&*(,5("%&?("(,'-%&`%%&5(&>17"(M(1/&?,('*2,%9&K(&!"6(-(?(&#+&7Q&"1&
5(0%1-1%&!"&#',(&!".*+5&2%&"(&5%2#+58&!"0+.+*1,'&(&7'7'&;(,%#%,%%&5(&4,(*1*%"5("%9 *.6%&'1&'#(-'2%&,.-&);%,%*1'-8&H1&#4*&'#(2*%&o%%&0(&C%/%"%*'*(&)1"*&5'%&5%#%&!"&?,'03&)(&'7-+&5'%&-'
['%&0(&#(-&"(2*%1*.,3&0',&5'%&"(".,.#%*&()*(&#(-&#(&"1&;.'*(&!"/+6'3&7%%"0&@.-"'/&0(&"(1*,%*+8
W[X >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"&?(, W[Y

;(,%7(,%(3&1"0(&7'#&.&-1#,',(&5'%&)%5;-+8&H1&#4*&)1"*&5'%&#+*,(&#("*,1-&K7(,(%:U'5',3&'1&,'"?1,%&5'%& ".%-(&0'*(&2*%%"6%7%#(8&C',&1"&'-*&)'/'"*&/'&/("%&5'%&*4,F%1&2%&.&/'&0+,45'&2%&;(&'#(')*'8&S&7%,()#&)+&7%(&
5',%e&2%&#'&1,5',(&7'#&-1#,+,%&5'%&#.5;-(L(8 '2'3&!"*,1#4*&'&'7-'*&0(&7'#*.,%&".%&#',(&%"*,+&!"&#.")*%*16%'&5'*(,%(%&2%&.&6%"&)1@&%"7-1("*'&-.,8&I)*7(-3&
!"&K7(,'&0%/%"+&(L%)*+&.&%(,',$%(&0(&o%%&0(&C15"(F(18&!"&)(,%'&-1"?+&'&'#()*(%&%(,',$%%&)(&0%)*%"? )*'1&7'6+&!"&7'6+&0.1+&2*%%"6(A
<82*%%"6'&01$1-1%&!"*,1;'*3&'&.51-1%&*,1;()#&:&,(01)+&2%&!"&;',*(&(,."'*+Q
*,(%&5',%&?,1;(A V82*%%"6'&5',%-.,&o.,6(&#(,(2*%&:&#1;,%"F4"0&!"*,('?'&#,('6%(&2%&(L;,%54"0&;1,1-&I0(/+,8&I0(/+,1-&
<8!"&,(?%1"('&@.*(F'*+&',@%*,',&H';&0(&P'*+3&)(&'7-+&#(-(&5'%&5',%&C%/%"%*+6%&0%"&K7(,'&0%/%"+Q )(&0+&*,(;*'*8&I/4"0&!"&/(0(,(&'#()*&;,(#(;*3&):'&);1)&;4"+&'#15&#+&H(-&#(&'&7+#1*&*.*1-
V8!"&K7(,':c();%,'*.,&)(&'7-+&'&0.1'&5',(&?,1;+Q :&/+F1*&2%&"(/+F1*&:&()*(&P'*+-&#(,()#3&'/4"01:2%&P,."1-&!5;+,+*()#&!"&5%=-.#1-&K7(,(%&0%/%"(8
X8!"&U'5',&)(&'7-+&'&*,(%'&?,1;+8 IF%&;+2%5&#(/'&5'%&0(;',*(&);1"4"01:/+A&>%0%"18&?,('*2,/&`%%".'&)14,(7+/&#',(&'&;+#1*&!")+3%&
9,%"&1,5',(3&!"&K7(,'&0%/%"+&5+,%5%-(&)1"*&-'&#("*,13&%',&#(%&5'%&5%#%&)*'1&#+*,(&;(,%7(,%(8 @;(,'&#("*,'8+&#1&*2'*(&7%8%',5(8(&5(&?,('*2,%&5(&'#282/&)(&';8+&!"&=";%"%*/&!"&';','&1,%'3(%&);(,(&' &
P,(%&?,1;(&7.,5('F+&K7(,'&0%/%"+&2%&*.*12%&"1&(L%)*+&!"&"%#%&1"'&1"&)*+;4"&)1;,(53&01;+&#15&!"& *1*1,2,&#,('.%%82,9&>(&'#282&R8&2,52"+&#(8(&#(&*,(A1%(&)+&;'#+&7',%%&?,('*2,%&5%"&@;(,'&#("*,'8+9&>( &
-15%-(&#,('*(&"%5("%&"1&;.'*(&'7%,5'&#+&(L%)*+&1"&)*+;4"&;()*(&*.'*(&K7%"*(-(&C1$1,%8 '#282&48('#+&2,5%"(8(&#',(&17481&#E7418&#2)72)181%&3%&'8&#(82,&4'*,1&1"%0(,)1,%9
C(2% & )1"* & ;-1,'-(3 & -15%-( & #."01#+*.',( & )1"* & ')*7(- & .,?'"%F'*( & !"#4* & 7.,5('F+ & . & 1"%*'*( & ;,%"& a0'*+3&!"&(*(,"%*'*('&0%"'%"*('&*%5;1,%-.,&'#*1'-(3&-'&!"#(;1*1-&!"#(;1*1,%-.,3&":'&(L%)*'*&0(#4*&
?4"0%,(&2%&/.%"6+8&I2'&0(&(L(5;-13&0'#+&/(%&!"*,(@'&;(&1"1-3&F(#(&)'1&.&)1*+&0(&0%/%"%&H,('*.,%&0%"& R"7%"%*1- & 2% & 5'*(,%' & (% & $'.*%#+8 & C%" & )4"1- & '#()*1% & R"7%"%* & 2% & 0%" & '#(')*+ & 5'*(,%( & $'.*%#+ & ):' & %/%*&
,(?%1"('&H';1-1%3&')1;,'&1"1%&'"15%*&)1@%(#*3&*.6%&/.,&,+);1"0(&'@).-1*&-'&7(-8&P.*&'2'&2%&#1&o%%%&0%"& C15"(F(18&S-&2%:'&'-()&1"&;1"#*&5'*(5'*%#&!"&)4"1-&R"7%"%*1-1%&1"0(&'&!"#(;1*&;,%5'&K'&.;(,+8
-15%-(&#,('*(8&P.'*(&K7%"*(-(&C1$1,%&/.,&)%56%&2%&/.,&-1#,'&-'&7(-3&;("*,1&#+&;-'"1-&-(&()*(&#1".)#1*&2%& P.'*(&,(-%?%%-(&;+54"*1-1%&/.,@()#&0(&(L%)*("6'&-1%&C15"(F(13&0',&"%#%&1"'&"1&0+&#(-&5'%&5%#&
(/.-16%'8;(,)."'-+&-(&0%#*('F+&'#(-'2%&7(-&0(&?4"0%,(3&'/4"0&'#(-('2%&#1".2*%"6(&2%&)1;1"4"01:)( %"0%#%1 & 0(&"'*1,'3 &'*,%@1*(-( & 2%&)(0%1-&K+18 &H' & )+&;.'*+&0(/("%&I1L%-%',(-(&9+,%"*(-1% & -.,3 & 5',%-(&
'#(-.,'2%&-(?%8 C1$1,%&*,(@1%(&)+&2*%(&#4*&5'%&51-*&0();,(&S-8&C1$1,%-.,&-%&)(&);1"(&5(,(1&0(&#+*,(&5',%-(&G15%"%&
T"%*'*('&"1&#.")*+&!"&(L%)*("6'&1"(%&)%"?1,(&7%%"6(3&#%&!"&'#6%1"('&-.,&1"%*',+8&a&1"%*'*(&#(,(')#+& #(,(2*%&:&!"?(,%3&N1/(,"'*.,%&;-'"(*',%&2%&N1/(,"'*.,%&).-',%&:&#15&'&7.)*&.0%"%.',+3&#15&()*(&'#153&
()*(&.&,(1"%1"(&0(&5%-%',0(&0(&01$1,%&)1;1)(&'#(-.,'2%&-(?%3&-1#,4"0&!"&'#(-'2%&7(-&2%&;("*,1&'#(-'2%& H%"(&'&7+#1*&*.*1-3&#15&):'&7+#1*&-15('3&1"0(&()*(&o%%"6'&#',(&'&#."#(;1*3&#."#(;(&2%&#."01#(&*.*1-8&
)#.;3 & 0(.',(#( & ;-'"1- & #1".)#1*3 & (/.-16%' & 2% & #1".2*%"6(-( & -.,3 & -( & 0%#*('F+ & '#(-'2% & 7(- & 0( & ?4"0%,(8& C',&')(5("('&*'%"(&"1&)(&;.*&'2*(,"(&'F%&2%&'%#%3&!"&;'?%"%-(&'#()*(%&#+,6%8&S-(&)1"*&;,('&)7%"*(&;("*,1&'&
T"%*'*('&);%,%*1'-+&()*(&.&,(1"%1"(&0(&1"%*+6%&%"0%/%01'-(3&%0("*%#(&0%"&*.'*(&;1"#*(-(&0(&/(0(,(8 7%&#%*%*(3&0%)#1*'*(&2%&#.5("*'*(&0(&#(%&"(;,(?+*%6%8
I2&0.,%&)+&!"*+,()#&'#(')*+&'7%,5'6%(&;,%"*,:1"&(L(5;-18&a#('"1-&I*-'"*%#&)#'-0+&-'&';1)&#(-(& C%"&#(-(&0()#,%)(&;4"+&'#153&'%&!"6(-()&#+&7%(#',(&0%"&#(-(&;'*,1&1"%/(,)1,%3&#'&2%&K7(,':G'@.,'*.,3&
0.1+&I5(,%#%3&%',&#+*,(&,+)+,%*&:&S1,.;'&2%&I7,%#'8&T5;-1&.&)1*+&0(&)*%#-(&#1&';'&.#('"1-1%&0(&;(& '1&-'&;(,%7(,%'&-.,&.&;+*1,+&0(&5'*(,%(&(*(,%#+3&7%%"0&0(-%5%*'*(&0(&,()*1-&K7(,(%&#.)5%#(8&C(&')(5("('3&
#.')*'&'5(,%#'"+&2%&'-*(&.&)1*+&0(&)*%#-(&#1&';'&0(&;(&#.')*'&(1,.;('"+8&G(&(L'5%"(F&2%&/+0&#+&0%"& K7(,'&#.)5%#+&',(&-'&;(,%7(,%'&)'&1"&$.*',3&.&@',%(,+&0(&.&'"15%*+&5'*(,%(&(*(,%#+3&#(&.&0(-%5%*('F+&0(&
;1"#*&0(&/(0(,(&#$%5%#3&()*(&';+&!"&*.'*(&)*%#-(-(8&H(-(&0.1+&)1*(&0(&)*%#-(&#."6%"&1"'&2%&'#(('2%& ,()*1-&5'*(,%(%&$'.*%#(&'&R"7%"%*1-1%8
)1@)*'"6+&:&';'&a#('"1-1%&I*-'"*%#8&H(/'&5'%&51-*3&';'&*1*1,.,&.#('"(-.,3&-'#1,%-.,&2%&,41,%-.,3&#('&0(& I*4*&0(88)1@-%5&-(:'&.,4"01%*&0%/%"1-&P'*+3&!"#4*&"%#%&1"1-&0%"&).,%%&)'1&;-'"(*(-(3&#',(&;-1*()#&!"&
-'&)1;,'7'6+&;+54"*1-1%3&#'&2%&#('&0(&)1@&)*,'*1,%-(&;+54"*1-1%3&*.'*(&7'#&.&)%"?1,+&1"%*'*(&:&';'8 )4"1-&1"%/(,)1-1%&"1&;.'*(&%(2%&0%"&%"*(,%.,1-&)7(,(%:1"%/(,)8&C(&')(5("('&!"&'2'&7(-&)1"*&6%"*1%*(&2%&
!"&K7(,'&0%/%"+&)(&0()7+2.',+&.&51"#+&7.',*(&#.5;-(L+8&H(%&0(&-'&H("*,1&;,(;',+&01$1,%-(3&%',&#(%& #."01)(&#(-(&;'*,1&1"%/(,)1,%3&!"#4*&"%#%&1"1-&"1&;.'*(&;+,+)%&)7(,'&#.)5%#+&2%&)+&;(,(?,%"(F(&;,%"&
0(&-'&;(,%7(,%(&;,(;',+&7-1%0(-(3&#',(&;,%"&#."#("*,+,%&2%&#.5@%"+,%&/.,&7.,5'&5'*(,%'&).,%-.,&2%&'& R"7%"%*8&C(&-'&5%#&;4"+&-'&5',(3&*.'*(&#.,;1,%-(&#(,(2*%&)1"*&7%L'*(&!"&;.F%6%%-(&-.,3&5%2#4"01:)(&;(&
/%%*.',(-.,&;-'"(*(8&H4"0&*.'*(&7-1%0(-(&'1&7.)*&'01"'*(3&#4"0&):'1&*(,5%"'*&*.'*(&#.5@%"+,%-(&-.,3& *,'%(#*.,%%&0()+/4,2%*&.,4"01%*(8&R'*+&;("*,1&#(&"1&.,%#(&01$&;.'*(&;+,+)%&F."'&)'&0(&(/.-16%(8&R'*+&
;,(?+*%"01:)( & *.'*+ & -15(' & 01$1'-+3 & 0( & -' & 5%# & -' & 5',(3 & #1 & *.6%% & )1"* & (L;1-F'6% & 0%" & K7(,' & 0%/%"+3& ;("*,1&#(&"15'%&".%3&01$1,%-(&'-@(&'-(&9+54"*1-1%3&;1*(5&)+&"(&,%0%#+5&;4"+&-'&G1"+3&1"0(&')%)*+5&
7.,54"0&#(('&#(&2*%%"6'&.7%#%'-+&"15(2*(&.&"(A182')+9&G'&!"#(;1*&"(@1-.')'&)(&;,(F%"*+&)1@&');(#*1-& -'&!"'-*(-(&)*10%%&2%&;,(-(?(,%&'"?(-%#(8
1"1% & "., & 7+,+ & 7.,5+3 & 7%%"0 & !"#."=1,'*+ & 0( & )7%"*(-( & C1$1,% & ).-',( & 2% & ;-'"(*',( & #',( & '1 & ')%)*'* & -'& J1&)(&;.'*(&!"?+01%3&.,%#15&2%&.,%#4"03&1"1%&01$&)+&/'?'@."0(F(&0%"&;-'"(*+&!"&;-'"(*+&2%&0%"&
;,(?+*%,('&(%&!"&K7(,'&0%/%"+8 ).',(&!"&).',(8&H4"03&#1&.#'F%'&1".,&;,(-(?(,%3&"(&01#(5&!"&G1"+3&*,(@1%(&)+&0(F@,+#+5&:&01;+&#15&
T"(.,%&)(&!"*45;-+&#'&5'*(,%'&"(@1-.')(%3&'&".1-1%&')*,16#24%8/&)+&)(&0%).#%(F(&2%&)+&)(&!"*.',#+& '5&5'%&);1)&:&.&;',*(&0%"&$'%"'&".')*,+&7-1%0%#+&;-'"(*',+8&H4"0&/'&).)%&/,(5('3&/.5&0(F@,+#'&0(&*.*&
-'&H("*,13&#'&'*,')+&0(&1"&1,%'2&5'?"(*8&I#()*&7(".5("&;,./%"(&0%"&7';*1-&#+&N1/(,"'*.,%%&'#()*(%& '#()* & !"/(-%2 & ;-'"(*', & 2% & "( & /.5 & 01#( & !" & K.',(8 & >% & '2' & 5'% & 0(;',*(3 & 0(F@,+#4"0 & ;( & ,4"0 & *.'*(&
#.,+@%%&'&-1%&J.(&'1&7.)*&)-'@%&!"&#1".2*%"6(-(&G.,&*(.,(*%#(&2%&!"&;1*(,%-(&G.,8&I1&!"/+6'*&S%&-'&H("*,13& !"/(-%21,%-(&1"%/(,)%#(&2%&#.)5%#(3&"(&/.5&!"*.',#(&0(&1"0(&'5&;-(#'*3&!"&K7(,'&0%/%"+8
2%:'1&!"#(,#'*&;1*(,%-(&!"&U'5',3&0',&#4"0&'1&;-(#'*&-'&0,15&#1&"(@1-.')'3&"1&'1&5'%&;1*1*:.&6%"(&)1@& C%"&R"7%"%*1-&#(&!"#."=.',+&)7(,'&#.)5%#+3&/%"&.,0%"(-(&#',(&#%,#1-+&;,%"&K7(,':G'@.,'*.,&2%&#(-(
;'*,1&1"%/(,)1,%8&J.%3&01$1,%-(3&#1?(*+53&0',&#1?(*',('&".')*,+&"1&"(&';',6%"(Q&('&()*(&'&P'*+-1%
7.,6'&G.,&#'&-'&H("*,13&2%&):'&)1)*,')&)*+;4"%,%%&G.,8&!"&'#()*&#'F3&"(@1-.')'&:&7%%"0&!"&*.*'-%*'*('&(%&.& bj&#(,()#8&H1?(*',('&".')*,+&()*(&*,'")#("0("*'-+3&';,%.,%#+3&%',&"1&';.)*(,%.,%#+3&0(.',(#(&%0(%-(&"1
7%%"6+&/%(3&#.5;1)+&0%"*,:.&%"7%"%*'*(&0(&/%(*+6%&:&,(/%"(&-'&U'*#+3&1"0(&()*(&;1)+&)1@&.&#."01#(,(&5'%& y{]&)1"*&#,('6%'&".')*,+8&J.%&"1&7'#(5&0(#4*&)+&'*,'?(5&%0(%-(&0%"&);'6%13&)+&-(&#%*%5&2%&)+&-(&!"6(-(?(53
(L;(,%5("*'*+3&2%&(L;1-F'*+&0%"&".1&!"&-15%-(&#,('*(8 j&)+&-(&B7.*.?,'7%(5E&2%&';.%&)+&-(&0+5&0,151-8&R0(%-(&"1&'1&7.)*&#,('*(&0%"&(L;(,%("6'&".')*,+3&#%&0%"
A
A&(L;(,%("6'&1"(%&o%%"6(&1,%'2(3&#.-(#*%/(3&#+,(%'&/.%&!%&F%#(6%&C15"(F(18
|QQ&C(&'#.-.3&0%"&R"7%"%*3&"(&/%"&5(,(1&/'-1,%&0(&%0(%3&#',(&#%,#1-+&-'&'"15%*(&*%5;1,%&2%&;(&.&1"0+&7'&
#+,1%&#."6%"1*&()*(&/%F%@%-3&'10%@%-&2%&%"*(-%?%@%-&"15'%&0(&5',%-(&G15%"%8&H(%&#(&-(&'103&)1"*&,+;%6%&7&0(&
P'*+-&;(,%7(,%# 7',5(#1-&,()%56%*&-'&')#1-*',('&-.,8&I#(')*+&/.,@%,(&0%/%"+&()*(&1"(.,%&(5%)+&2%&;(&.&?'5+&0(&1"0(&A8&
%"7(,%.',(3&;("*,1&'&7%&'1F%*+&2%&0(&!"?(,%%&).-',%&2%&;-'"(*',%8
C%"&#(-(&0()#,%)(&'5&/+F1*&#+&5',%-(&o.,6(&#(,(2*%&"1&;.*&0()*+%"1%&1"1%&.5&0%"&*'%"(-(&H(,1-1%& |*&a0'*+&'5&!"0(;-%"%*&2%&(13&#1&)5(,("%(&2%&0,'?.)*(3&.&5%)%1"(3&!"*.#5'%&#15&5%&):'&;.,1"#%*8&8&9("*,1&
0(#4*&'*4*&#4*&;(,5%*(&H(,1-3&(/.-16%'&.51-1%&2%&'&5(0%1-1%&)+1&!"#."=1,+*.,8&C'#+&*,(#&;()*(&'#()*&8& ,4/"'&0(;1)+&!"&-1#,',('&!"#,(0%"6'*+3&)-+/%*1-&".)*,1&N1/(,"'*.,&).-',&5:'&@%"(#1/4"*'*3&s&.,0."4"0&
#.5'"0'5("*&)1"*&;(0(;)%*(&0(&5'%:5',%%&-.,8&C',&#$%',&1"1%&7(,%#%*&51,%*.,&"1&%&)(&;.'*(&0'&2*%%"6'& 1"1%&!"?(,&)+:5%&,%0%#(&$'%"'&;-'"(*',+8&c+5')&-'&(L*(,%.,&"15'%&#1&$'%"'&).-',+3&'5&'/1*&%&"(?,+%*'&
H(,1-1%&0(#4*&*,(;*'*3&;("*,1&#+&'-*(-(&)1"*&#1".2*%"6(-(&#(,(2*%&2%&'-*(-(&#(-(&;+54"*(2*%8 7(,%#%,(&0(&'&;(,#(;(&2%&(1&1"0'&P'*+-1%&0%/%"3&0()*%"'*+&"15'%&!"?(,%-.,&).-',%&2%&;-'"(*',%3&:Z!5%&-%;)()#&
P,+%"0&!"&-15('&*,1;(')#+3&.51-&%'&#1".2*%"6+&0(&-15('&0%"&=1,1-&)+1&;,%"&%"*(,5(0%1-&)%561,%-.,& #1/%"*(-(&;("*,1&'&/+&7'#(&)+&!"6(-(?(6%&)("*%5("*1-&!"#(,#'*&'*1"#%3&'1F%"0&?-')1-&H(-1%&8&"(/+F1*8&
)'-(8&H15&'#()*(&)%561,%&)1"*&7+#1*(&)+&!",(?%)*,(F(&"15'%&5'*(,%'&*(,()*,+&2%&7(".5("(-(&0%"&)4"1-& I*1"#%&'5&!"6(-()&0,'?.)*('&"()74,2%*+&2%&)1;1"(,('&.',@+&'&5%-%',0(-.,&0(&H,('*.,%&0%/%"%3&A&0%"&K7(,':
(%3&)(&!"6(-(?(&#+&.51-&"1&/'&;1*('&2*%&"%5%#&0(&5'*(,%%-(&(*(,%#(&5'%&7%"(8&G'&'#(')*'&)(&'0'1?+&2%& G'@.,'*.,3&;("*,1&H(-&'7-'*&!"&R"7%"%*&2%&%"/%F%@%-&#$%',&2%&;("*,1&S%8&!"&'#(-(&5.5("*(3&!5%&Q&;+,('&#+&
7';*1-&#+&5'*(,%%-(&).-%0(3&-%#$%0(&2%&?'F.')(&)1"*&#."01)(&)'1&)1;1)(&%"7-1("6(%&5'*(,%%-.,&(*(,%#(8& )1"*&#$%',&!"&7'6'&H(-1%&'*.*;1*(,"%#8
C%"&'#(')*+&#'1F+3&!",(?%)*,',('&2%&'"'-%F'&7(".5("(-.,&7%F%#(&2%&#$%5%#(&)1"*&?,(2%*&%"*(,;,(*'*(8&9,%"& H15&)+&/+&7'#&)+&!"6(-(?(6%&'#(')*+&)("F'6%(&0(&7(,%#%,(D&I5&)+&!"#(,#&)+&7'#&.&#.5;','6%(8&
1,5',(3&2*%%"6'&15'"+3&7%%"0&@'F'*+&;(&#."#(;6%%&?,(2%*(3&"1&;.'*(&7%&(L'#*+8 R"#$%;1%6%:/+&#+&'/(6%&!"&7'6+&1"&';','*&0(&*(-(/%F%1"(&'0';*'*&1"1%&';','*&0(&,'0%.8&C'#+&;(&%1@%*1-&/.)*,1&
K+&F%#(5&#+&'&7.)*&(-'@.,'*+&.&".1+&*(.,%(&15'"+8&P.'*+&-15('&.&(L'5%"('F+&2%&.&?+)(2*(&@1"+3& 7,'*(&0(&-'&p(,-%"&!-&/(0(6%&;(&(#,'"1-&0%"&7'6+&2%&!%&'1F%6%&/.,@%,('3&'/(6%&%5;,()%'&#+&)1"*(6%&:jj&#$%',&!"&
%"?("%.')+8&P,(#&'"%%&2%&1"&'-*&)'/'"*3&!"&1,5'&5'%&51-*.,&(L;(,%("6(3&#.")*'*+&#+&;,%5'&#."#(;6%(&'& 7'6'&-1%3&-'&p(,-%"8
7.)*&?,(2%*+8&C%"&'#(-&5.5("*3&*.'*+&-15('&;+,+)(2*(&/(#$('&#."#(;6%(&2%&'0.;*+&".1'&%"*(,;,(*',(3
W[Z >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"&?(, W[[

S% & @%"(3 & 5%"1"(' & '#(')*' & .5("(')#+3 & /("%*+ & 0%" & 2*%%"6' & H(,1-1%3 & /+ & /' & 15;-( & 0( & 5%,',( & 2%& R"7%"%*3&o%1-&()*(&*.*&#(&#1;,%"0(&H("*,1-&)'1&K7(,'&0%/%"+3&%',&K7%"*(-(&C1$1,%&)1"*&*.6%&N1/(,"'*.,%%&
;-+#(,(8 #.,;1,%-.,&#(,(2*%3&0',&T"'&)1"*&:&*,(%&!"*,:1"'&:&;,%"&)#.;3&/.%"6+&2%&)1;1"(,(&7'6+Z&0(&G(?(8
H(-&#(&'&'1F%*&2%&/+F1*&%0(%-(&H(-1%&%"7%"%*&2%&"(/+F1*&/'&)%56%&#('&5'%&"(?,+%*+&7(,%#%,(&2%&/'&7%3&!"& N4"0(2*(&'04"#3&#%*%*.,1-(3&2%&/(F%&;,.71"F%5('&'-#+*1%,%%&)1@-%51-1%&".)*,1&7'*+8&S-3&91*(,('&
/(#%%&/(#%-.,3&,.@1-&)5(,%*&2%&%1@%*.,&'-&H(-1%&#(&#."01#(&*.*1-&#1&%1@%,(3&'-&H(-1%&#(&()*(&'*4*&0(& ;1*(,%-.,3&R"7%"%*&"+)#1*&0%"&%"7%"%*3&;1"4"0&5'%&;,()1)&0(&*.6%&2%&0(&K%"(&')#1-*',('3&:(-('9&R'&'5%"*(&
!"6(-(;*3&!"#4*&;,(/(0(&*.*1-3&2%&%1@(2*(&'*4*&0(&51-*3&!"#4*&)17(,+&0(&)17(,%"6'&#(-1%&5'%&5%#&7%1&'-&K+13& 2%&*(&)5(,(2*(&.51-(3&#+#%&S-&()*(&*.*1-&2%&*1&*,+%(2*%&!"&S-3&#',(&(&)1;1)&G(?%%&)*'*.,"%#%*+&0(&S-8
;%(,01*&!"&%5(")%*'*('&#,('6%(%&K'-(8
$''',$'''$
$'''$''',$

C(;',*(&0(&)7(,'&#.)5.)1-1%3&!"&'04"#1-&R"7%"%*1-1%3&-'&;(,%7(,%'&7%"%*1-1%&:&)(&'7-+&N-.,%'&01$1,%-.,&
I5&!"#(;1*&)+:6%&/.,@()#&0();,(&P'*+-&)1;,(58&K;1"('5&#+&S-&()*(&"(/+F1*8&C(&'%#%&%0(('&#(-.,& 0(&;,(*1*%"0("%8&C(&'#.-.&;.,"(2*( &#1-(*',('/ &7.,6'&#,('*.',(3&'*,%@1*1-&?-.,%.)1-1%&P'*+3&G.?.):1-&
5'%&5%#%&'%&".2*,%3&#+&0'#+&"1&G:'&/+F1*&"%#%.0'*+&"%5("%3&;.'*(&#+&"%#%&"1&(L%)*+8 K+18&o+,+&'#(')*+&#1?(*',(<& "%5%#&"1&):',&7%&;1*1*&#,('8&9,%"&7.,6'&#1?(*+,%%&K'-(&*.'*(&')*,(-(&!2%&
J.%&#+1*+5&)+&-(&!"-+*1,+5&'#(')*+&;,()1;1"(,(3&);1"4"01:-(A&Bo%1-(3&".%&'1F%5&/.,@'&P'*+-1%& 1,5('F+&0,151-8&9,%"&;1*(,('&?4"01-1%&P'*+-1%&?-.,%.)3&*.'*(&#.,;1,%-(&#(,(2*%&)(&6%"&!"&(#$%-%@,18&o+,+&
)1;,(53&2%&0'#+&"(&/.,@(2*(3&!")('5"+&#+&S-&(L%)*+8&T"0(&()*(3&/(%&'7-'&-'&*%5;1-&*+1E8 '#(')*+&?4"0%,(3&".%&'5&7%&#'&;+54"*1-&7+,+&-15%"+8&H1?(*',('&?-.,%.)1-1%&P'*+&()*(&5.*.,1-&#',(&
C',&*.*&"(2*%%"6'&-.,&!%&7'#(&)+&-(&*,('#+&;,%"&5%"*(&#+&P'*+-&)1;,(53&"(7%%"0&/+F1*&0(&"%5("%3& 5%2#+&*.*1-A&1"%/(,)1,%-(3&)*(-(-(3&;-'"(*(-(&(*#8&C'*.,%*+&'#()*1%&RF/.,&"()(#'*&0(&?4"0%,(3&%'&"'2*(,(&
;.'*(&#+&"1&(&7+#1*&0%"&5'*(,%(Q&"15(')#+:)(&#15&/,(6%A&)1@)*'"6+3&()("6+3&#$%"*()("6+&(*#8 .,%#(&7(".5("8&C%"&(*(,"%*'*(3&?4"0%,('3&'#(')*+&("(,?%(&1,%'2+3&;-('#+&5(,(1&0%"&o%%"6'&P'*+-1%&2%&)(&
J.%&-(&);1"(5A&BP'*+-&)1;,(5&'&7+#1*&*.*&#(&/(0(6%&!"&=1,1-&/.)*,13&%',&"%5%#1-&"1&;.'*(&7'#(&#(('& ,(/',)+&!"&%5(")1-&.#('"&7-1%0%#&!"&#',(&!".'*+&*.'*(&#,('6%%-(3&')(5("('&1".,&%")1-(8
#(&(L%)*+Q&0(#%&S-&()*(&7+#1*&0%"&#(/'3&;("*,1&#+&"%5%#1-&"1&;.'*(&71"#6%."'3&'#*%/'8&a'5("%%&*,1;(2*%& H1 & !"/.%,(' & K7%"*(% & ".')*,( & P,(%5%3 & 5',%-( & 01$1,% & '-( & 9+54"*1-1% & )*'1 & !" & G1"+3 & ')#1-*4"0&
"1&"(&/+0&;(&".%3&01$1,%-(Q&0(&'%#%&:&#,(0%"6'&-.,&?,(2%*+&#+&"1&(L%)*+58&H1&*.'*(&'#()*('3&/(F%&2%&*1&#+& #1/4"*+,%-(&/("%*(&0(&-'&;(,%7(,%'&7%"%*1-1%8&I1&(L%)*'*&2%&(L%)*+&5',%&2%&)7%"*(&01$1,%&:&#$%',&!"*,1;'*(&
*,+%5 & 2% & (/.-1+58 & a'5("%% & !"*,1;'6% & #',( & #,(0 & !" & (L%)*("6' & ".')*,+3 & "(/+F4"01:"(3 & @+"1%()# & #+& 7%%"03&#'&.,%#',(&.5&*,1;()#&:&#+,.,'&-%&):'&'#.,0'*&0(&#+*,(&K74"*1-&C1$&'-&9+54"*1-1%&;,%/%-(?%1-&)+&
)1"*(5 & %5'*(,%'-%3 & 2% & *1 & /(F% & @%"(3 & 7%1-(3 & #+ & )1"*(5 & 7+#16% & 0%" & #(/'A & 0%" & (*(,3 & 0%" & ;',*%#1-( & /%%& '10+3&-'&'"15%*(&*%5;1,%3&/.,@%,('&9,%51-1%&P'*+3&0(&-'&;(,%7(,%'&7%"%*1-1%8
*,(%5%F'*(8&[(F%&*1&!"?(,%%D&J1:%&/(F%3&;("*,1&#+&5'*(,%'&-.,&(&5'%&7%"+&0(#4*&'&*'Q&0(&'%#%3&(2*%&!"#-%"'*& C%"&*%5;&!"&*%5;3&,+)1"+&%5(")(-(&);'6%%&'-(&#.)5.)1-1%&0(&/.,@%,('&H(-1%&"(/+F1*8&o(,%#(&0(&#(-&
)+&);1%&#+&(%&"1&(L%)*+3&2%&*.*12%&".%&)*+5&0(&/.,@+&#1&(%&2%&01;+&#15&*(&/+0&'#153&'2'&!%&/+0&2%&;(& #(&):'&7+#1*&0(5"&0(&'&7%&0+,1%*&#1&$',1-&'1F%,%%&#1/4"*1-1%&?-.,%.)1-1%&P'*+&;(,%7(,%#8
!"?(,%Q&'2'0',3&2%&(%&)1"*&7+#16%&0%"&5'*(,%(8&C%"&5'*(,%(&()*(&7+#1*&2%&N1/(,"'*.,1-&".)*,1&).-',3&0%"&
5'*(,%(&)1"*&'-#+*1%6%&2%&H(%&0%"&K7(,'&0%/%"+8&H."#-1F%'&7%,(')#+&()*(&#+&2%&H(-&#(&"(:'&#$(5'*&;(&*.6%&
-'&/%'6'&2%&#."2*%%"6'&0(;-%"+&()*(&7+#1*&0%"&5'*(,%(8E <
&9,%"&'#*1-&?4"0%,%%&K'-(3&7|MC&7c&S%":K.73&R"7%"%*1-3&%()(&0%"&J("1$'/&0%"&,(;'1)3&0%"&)*',('&K'&')#1")+3&2%&#,(('F+8&9,%"&#'"'-(&
J%#+%(,%&!"&-15(&"1&'5&!"*4-"%*&%5'*(,%(&#',(&)+&71"#6%."(F(&#'&5'*(,%(8&P.*1-&0%"&-15(&7%%"0& "15%*(&@(;%,2*/&7Ü<C&zeI&S%":K.7&,(/',)+&g<t&K,2*&:&-15%"%-(&7.,6(%&K'-(8&9(&5+)1,+&#(&)(&!"0(;+,*('F+&0(&K1,)'&-.,3&)*,+-1#%,('&'#()*.,&
7+#1*&0%"&5'*(,%(3&"1&)(&;.'*(&#."#(;(&#'&H(-&5'%&5',(&;()*(&*.6%&)+&"1&7%(&7+#1*&0%"&#(/'3&#4*&0(&7%"3& -15%"%&)(&'*("1('F+3&04"0&"'2*(,(&-'&&5r&2,2*&:&#.=%3&-15('&5'*(,%'-+&;(,#(;1*+&0(&.51-&*,1;()#8
0',&0%"&#(/'&#."#,(*8&!"&7'6'&'#()*(%&',?15("*+,%&"%5("%&"1&5'%&;.'*(&);1"(&"%5%#8 C(.',(#(&P'*+-&;(,%7(,%#&()*(&0%"#.-.&0(&.,%#(&;(,#(;6%(3&?4"0%,(3&)("*%5("*&2%&%"*(-%?("6+3&"1&(L%)*+&"%#%&1"&"15(&;("*,1&S-8&
H'@'-%2*%%&!"0,+F"()#&)+:G&"15(')#+&&&(6-C&&&Z;t&&&S%":K.7&:&R"7%"%*8
K;'6%%-(&;,%"&#',(&;-1*()#&5%-%',0(-(&0(&#.,;1,%&#(,(2*%&,+)1"+&0(&#1/%"*(-(&G1%A &iR1&'7&#,('*& K74"*'&P,(%5(&'&P'*+-1%3&o%1-1%&2%&K74"*1-1%&C1$&()*(&7.,5'*+&0%"&7=-C&et&S%":K.73&P'*+-3&N-.,%.)1-&;(,%7(,%#3&#',(&#1;,%"0(&!"&
51$18&3%&%6'7&5'*&42)%A%8%*'*('&)+&(0281(M(9&?1&'G1*2,18&J(1/&02%&*2.%&h&5(&8'&7%#&8'&7',(&a&*,+%.%/ & K%"(&;(&o%1-&'7-'*&!"&K7(,'&#("*,'-+&)'1&G'@.,'*.,8&!"&=1,1-&K7(,(%&#("*,'-(&)(&,.*()#&#(-(&;'*,1&)7(,(:1"%/(,)&#1&"("15+,'*(&)%)*(5(&
5',&*,(A1%(&)+&0+&%1A%.%&3%&)+&4,2-,()'.%k9 ).-',(&#."01)(&0(&N1/(,"'*.,%%&).-',%&2%&;-'"(*',%&:&K7%"*(&C1$1,%8
R"&K74"*'&K#,%;*1,+3&C%/%"%*'*('&#,('*.',(&;.',*+&"15(-(&0(&CegeK&S-.$%53&!"&*,'01#(,(&!")(5"4"0&S"*%*+6%&)1;(,%.',(3&H,('*.,%&
G'&!"#(;1*3&7%"%*1-&(,'&5%#3&'/('&1"&/.-15&5%#8&S*(,"%*'*('&)(&)#1,?('3&%',&7%"%*1-&'@).,@%"0& 0%/%"%&:&I,$%*(#6%%&H(,1-1%&2%&;+54"*1-1%8
5(,(1&5'*(,%(&0%"&R"7%"%*&'&#,()#1*3&-14"0&;,.;.,6%%&0%"&#(&!"&#(&5'%&5',%3&2%&/'&#,(2*(&!"&/(2"%#%(8& C'*.,%*+&5+,%5%%&)'-(&%"#.5(")1,'@%-(3&%"7%"%*(&;("*,1&#."2*%%"6'&15'"+3&)7(,'&#.)5.)3&7%"%*1-&)'1&)7(,'&#,('*+&()*(&"15%*+&%";%"%*9
H("*,1-&7%"%*1-1%&)(&.,?'"%F'&2%&0%"&(-&;.,"('1&#,('6%%&#(&!"#."=1,'1&H("*,1-&.,?'"%F'*.,8&C',&H(%&
.,?'"%F'6%e0(&P'*+-&-'&H("*,13&#4"0&'1&'=1")&-'&;(,7(#6%1"(&#1&'*.*2*%%"6'&G.,3&'1&*,(#1*&!"&=1,1-&)7(,(%&
7%"%*1-1%8 & !"#(*1- & #1 & !"#(*1-3 & H,('*.,%% & 7%"%*1-1%3 & H(% & #',( & -:'1 & .,?'"%F'* & 2%& 5+,%*3 & '1 & *,(#1* & '7',+3& G|L"&6&R"7%"%*1-&(=*7(e
0(;',*(&0(&)7(,'&7%"%*1-1%3&2%&'1&#1;,%")&')*7(-&.&',%(&%"7%"%*+3&0%"&R"7%"%*1-&!"#."=1,+*.,3&#.")*%*1%"0&#1&
*.6%%&.&7.,5+&)7(,%#+&2%&!"#."=1,4"0&7%"%*1-8
9,%51-&P'*+&#(,()#3&H,('*.,1-&9,%53&()*(&'F%&.&1,%'2+&K7(,+3&#(&#1;,%"0(&!"&)4"1-&K+1&B5%#'E&)7(,+&
'&#,('6%(%8&P,1;1-&P'*+-1%&()*(&0(#%&1"&R"7%"%*3&%',&!"&'#()*&R"7%"%*&;-1*(2*(&#.)5.)1-&#1&#(-(&#%"#%&)7(,(&
'-(&#,('6%(%&K'-(8
K7(,%#+&()*(&;',*%#1-'&0%"&R"7%"%*3&)7(,%#&)1"*&2%&(13&01$3&)7(,%#(&)1"*&5%-%',0(-(&0(&;-'"(*(&2%&).,%3&
)7(,%#(&)1"*&#(-(&;'*,1&1"%/(,)1,%&2%&G'@.,'*.,1-&#("*,'-3&)7(,%#&()*(&H.)5.)1-&!"*,(?8&P,1;1-&%"7%"%*&'-&
9,%51-1%&P'*+&#(,()#&()*(&2%&S-&*.*&)7(,%#3&0(&.&5+,%5(&0(&"(#."#(;1*&;("*,1&5%"*('&.5("(')#+8&S)*(&
%"7%"%*&0(&5',(M&T"&=";%"%*&%"*(,"/&;-1*%"0&!"*,:1"&=";%"%*&(L*(,"/&4(,%;(,%#9
K7(,'&%"7%"%*1-1%&P'*+&'@).',@(&0%"&R"7%"%*1-&;(,%7(,%#&5'*(,%'&$'.*%#+3&!"0,(;*4"0:.&#+*,(&K7(,'&
#("*,'-+&)'1& G'@.,'*.,1-&#,('6%%-.,8&I#()*&P,1;&0%/%"&)(& 0%-'*+3&)(&5+,(2*(&5(,(13&5+,%"0&);'6%1-&
%"*(,%.,&0%"&)4"1-&K+18&C%"&'#(')*+&#'1F+3&5'*(,%'&!"0()'*+&'&R"7%"%*1-1%&;(,%7(,%#&)(&!"0,(';*+&0%"&
*.'*(&;+,6%-(&);,(&K7(,'&R"7%"%*1-1%&%"*(,"8
BH.;%%&:&"(&);1"&!"?(,%%&;-'"(*',%&2%&).-',%&:&#(('&#(&'1F%6%&'#15&0(&-'&".%3&/+E&;',&@')5(&)'1&%0(%&
7%-.).7%#(3&0',&"1&)1"*(5&;12%&)+&"(&;%(,0(5&*%5;1-&!"#1,#4"01:/+&5%"6%-(3&#%&?,+%5&'0(/+,8&P'*+-&
;(,%7(,%#&?4"0(2*(&2%&.,0."+3&o%%%&0(&P'*+&0(&-'&H("*,1-&#,('*.,&;1"&!"&-1#,',(3&%',&K7%"*(-(&C1$1,%3&
N1/(,"'*.,%%&)*(-(-.,&2%&;-'"(*(-.,3&#."01#&5'%&0(;',*(&#.,'@%'&G.,3&#1&*.*&#(&)(&'7-+&!"&(-(3&#+*,(&
;(,7(#6%1"(8&SL*(,"1-3&1"1-&C15"(F(1&.,0."+3&H("*,1-&)(&)1;1"(&2%&-15%-(&%'1&"'2*(,(8E
9(&;-'"(*'&".')*,+&(L%)*+&*,(%&o.,*(&#."01#+*.',(8&9(&K.',(&)1"*&0(&')(5("('&*,(%&o.,6(
#."01#+*.',(8&!"&K7(,'&#("*,'-+&*,(%&5',%&C1$1,%&#."01#&/(2"%#8&a&*,(%5(&#."01#(&5',(-(&2%&5%#1-8
94"+&'#15&/:'5&);1)&#+&H("*,1-&()*(&P'*+-3&;(&K.',(&)(&'7-+&o%1-&2%&;(&;-'"(*(&:&K74"*1-&C1$8
K74"*'&P,(%5(&'&P'*+-1%3&o%1-1%&2%&K74"*1-1%&C1$&#."01#(&2%&1"'&)1"*&!"&#."01#(,(&2%&)1;1"(,(&7'6+
0(&G(?(8&I#153&#(,#1-&!"6(-(?(,%%&/.')*,(&-+,?%"01:)(3&;.*&)+&/+&);1"&#+&P'*+-&()*(&9(,%7(,%#1-&0%"
W[\ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6F&521'&#',*( ?271"%#+,%&5%"&?(, W[T

S"1"61,%-(&P'*+-1%3&o%1-1%&2%&K74"*1-1%&C1$ P.'*(&'#()*(&.,0%"(&2%&!"/+6+*1,%&*,(@1%(&!"/+6'*(&;(&0%"&'7',+3&5(5.,'*(3&!"&);'6%1&"((L%)*4"0&
#+,6%8&C%/%F%1"('&51"#%%&(L%)*+&;,(*1*%"0("%&!"&H(,1,%3&#'&2%&;(&;+54"*8&I*1"#%3&1"1-&'1F%"03&'-&0.%-('&
.,0."4"0&;1"(,('&!"&(L(#16%(&2%&'-&*,(%-('&;,%5%"0&,';.,*1-&;1"(,%%&!"&(L(#16%(3&',&1,5'&#'&1"1-&)+&"1&
-e'&5',?%"('&7%"%*1-1%&)(&'7-+&9+,%"*(-(&/(2"%#%(%8&J.%&*,+%5&!"&*,1;1-&K+13&#'&;1%1-&!"&?+.'#('&-1%8& 2*%(&0(&'#*%/%*'*('&#(-1%-'-*8&C',&"1&)(&!"*45;-+&'2'3&;("*,1&#+&#(-(&*,(%&o.,6(&)1"*&-(?'*(&!"*,(&(-(&
P.*1-&)(&5%2#+&2%&(/.-1('F+&!"&)4"1-&G1%8&J1&;1*(5&5(,?(&-'&S-3&0',&S-&"(&/.,@(2*(&0();,(&K%"(&2%& ;,%"*,:1"&#.,0."&#(&7'#(&0%"&(-(&.&7.,6+&1"%#+8&c(F1-*+&#+&#(-&#(&'&'1F%*&2*%(&#(&'&.,0."'*&'-&0.%-('3&%',&
.;(,'&K'8&9,%"&0%71F',('&?4"0%,%%&K'-(3&'7-+5&0(&.;(,(-(&K'-(8 '-&*,(%-('&#1".'2*(&#(-(&'1F%*(&0(&#(-&0%"*4%&2%&.,0."'*(&#(-1%&0(:'-&0.%-('8
U%#1-&01$&0(&;(&*,(;*(-(&%"7(,%.',(&'-(&(/.-16%(%&*,(@1%(&!"2*%%"6'*&#+&H%"(/'&<:'&#,('*3&*,(@1%(&)+: K74"*'&P,(%5(&).-',+&#.51"%#+&!"?(,%-.,&).-',%3&;(&!"6(-()1-&-.,3&#(-(&).)%*(&0(&-'&P'*+-&;(,%7(,%#8&
R&'10+&?-')1-3&#'&)+&!"6(-('?+&#+&H%"(/'&'&7+#1*&G(?('3&2%&(-&*,(@1%(&)+&51"#(')#+&!"&/%,*1*('&(%3& H15&5'=.,%*'*('&!"?(,%-.,&'1&2%&(%&0%7(,%*(&5%)%1"%&0(&!"0(;-%"%*3&"1&*.6%&'1&-1'*&#1".2*%"6+&0(&#(-(&
;("*,1&#'&0%"&)-'@&)+&0(/%"+&*',(&2%&0(&-'&-15%"'&1"1%&.;'%6&)+&'=1"?+&-'&)*,+-1#%,('&.,@%*.',(8 #.51"%#'*(&0(&N1/(,"'*.,1-&).-',3&2%&'*1"#%&1,5('F+&#'&#(%&#',(&'1&'1F%*&0%,(#*&0(&-'&N1/(,"'*.,1-&
C1;+&#15&P'*+-&(L*(,"&0%71F('F+&;(&#'-(&0(&1"0(&?4"0%,('&K'3&*.*&')*7(-&2%&P'*+-&%"*(,"&#.51"%#+& ).-',&)+&#.51"%#(&2%&#(-.,-'-6%&7,'6%&!"?(,%&).-',%8&G'&7(-&)(&;(*,(#(&2%&#1&!"?(,%%&;-'"(*',%8
*1*1,.,&0%"&#,('6%'&K'8&G'&7(-&N1/(,"'*.,%%&).-',%&2%&;-'"(*',%&?-+)1%()#&-15%-.,&';',6%"+*.',(&-.,3&#(-(& 9(&;+54"*&.51-&!2%&',(&;-+#(,%-(&2%&@1#1,%%-(&;,.01)(&0(&5(0%1-&)+1&'5@%'"*A&#45;1-&#1&7-.,%-(&
#(&):'1&7+#1*&2%&)(&/.,&5'%&7'#(8&I#()*(&#.51"%#+,%&)1"*&%5@.-01,%3&!"0(5"1,%&#'&)+&/'0+&5%#1-&01$& )'-(3&51"*(-(&#1&;+01,%-(&)'-(3&5',('&#1&/'-1,%-(&(%&(*#8&!"&);'6%13&01$1,%-(&)1;(,%.',(&)(&@1#1,+&0(&
#+&0%/%"%%&)+%&K1;(,%.,%&-1#,('F+&!"&/(#%&-'&,%0%#',('3&5+,%,('&2%&;(,7(#6%."',('&.;(,(%&P'*+-1%&#(,()#8& 51F%#'&)7(,(-.,&#(,(2*%3&;,.01)+&0(&5%2#',('&-.,&;,%"&)4"1-&.#('"(-.,&7-1%0%#(3&0(&7((,%'&#1-.,%-.,&
9(,%7(,%#1-&P'*+&0%71F('F+&-15%-.,A&iR1&'A)2,A&5%"&=";%"%*18&(L*(,"&4',*%#18(8(&0%%&3%&8(&!"5,(4*&#+*,( & 7-1%0(-.,&2%3&5'%&;,()1)&0(&*.'*(3&0(&H1/4"*1-&1"%#1-1%&C15"(F(13&;,(#15&2%&0(&*'%"(-(&G1%8
?("*,18&#,('*2,/&#+*,(&?,('*2,%%&J(%k9 &G'&'1F1-&'#()*.,&#1/%"*(3&#+0(5&;(&?4"01,%3&2%&0%"&?4"0%,(& !"&0(#1,)1-&/('#1,%-.,&5(,(1&)(&,%0%#+3&1"1-&#4*(&1"1-3&/+-1,%-(&#(&'#.;(,('1&5%)*(,(-(&.;(,(-.,&
'=1"?(5&-'&)1;.F%6%%&#(&';,.';(&"(&!"*1"(#+&5%"*('8 1"%#1-1%&C15"(F(18&C1$1,%-(&)1;(,%.',(&"1&5'%&)1"*&'*,')(&0(&"%5%#1,%-(&-15%-.,&;-'"(*',(8&S-(&)1"*&
U(0%*'6%%-(&".')*,(&)1"*&!"*,(,1;*(&0(&/'-1,%&".%&0(&1"0(:?4"0A&iR1&)1"*&?(8&#(&)1"*/&R1&)1"*&?(8& 7(,%#%*(&)+&*.*&'7-(&2%&)+&-1#,(F(&-'&.;(,'&0(&#,('6%(&'&P'*+-1%3&7%%"0&#."2*%("*(&#+&;,%"&51"#+&/.,&
5(&8'&4(,%;(,%'&24(,(82,&J(8(k9 '=1"?(&-'&7(,%#%,%&2%&5'%&5',%8
C1;+&#',(&'1F%5&G.?.):1-&I1*.,1-1%&'&*.*&#(&):'&#,('*&;4"+&'F%A&iR1&)1"*&1"%#18&02)*,1&>17"(M(19 & S-'"1-&-.,&);.,(2*(&#4"0&'10&;(&K1;(,%.,1-&!"?(,%-.,&'#()*(%&;-'"(*(&);1"4"0A &iF3*(4*&)+&)( &
>(&#(yk *(,7%"(&(0281.%'&'#()*1%&-82A/&#'&)+&7+&51#&8E"-+&>27"18&3%&@*+4E"18&7(1&)28',k9
P,(#(&.&@1#'*+&0(&B/,(5(E&2%&0%"&".1&%5(")%*'*('&);'6%%-.,&(&)*,+71-?(,'*+&0(&.&".1+&1"0+:?4"0A& G'&,4"01-&K+13&o%1-&P,(%5%#&).-',&);1"(&!"?(,%-.,&K+%A &iF3*(4*&;81%5%M',('&'#()*1%&)%)*(7/&*,14 &
iR1&)1"*&1"18&>17"(M(1k/&2%&%',&)(&'10(&!"*,(@',('A&i>(&#(yk 5%"&*,1418&J(1/&4("*,1&'68&4,(5'&`%181%&5%0%"&5%"&#("*,18&@;(,(%&5%0%"(&3%&'42%&J+&02%&4,(M("*' &
I#()*(&#1/%"*(&)(&,(;(*+&!"*,:1"'3&*.'*(&01$1,%-(&(/.-1'*(&-(&'108&C%"&)7(,*&!"&)7(,*&0(&.,+&01$1-& (*(,"181%&J(1&d'*+/&4("*,1&'6%&(L41"(&*2*&#(&'7&;+#1*&4("*,1&R89&>'#+&02%&*,(#(&#1&0,(5"%#%(&'#()* &
'10(&5(,(13&0(&'"%&2%&5%%&0(&'"%3&!"&(*(,"%*'*(3&'#(-'2%&("1"6A&iR1&)1"*&1"%#18&02)*,1&>17"(M(1k9&!"& (L'7("/&02%&;%&*,(#1*&!"&#('*'&`%%82,&@+%&5%"&@;(,'6:'A2,'*2,9&>'#+&"1&02%&;%&;2)*&!"*,1&*2*18&#2";2,7 &
')(5("('&#."0%6%%3&;("*,1&'#()*(&01$1,%&"1&)(&5'%&;1"(&"%#%.0'*+&!"*,(@',('&0'#+&5'%&(L%)*+&)'1&"1& %")*,1#.%1"%82,&@'8(&64,%7%*(&!"&#(%&'4,2'4(&521+M(#%&5(&7%8%',5(&5(&'"%/&#E*&0'&51,'&)%)*(718&J(1&a&
1"&H,('*.,3&#+#%&S-&)(&'7%,5+&!")12%3&!"&/(#%%&/(#%-.,8&R',&!"*,(@',('&5(,(1&,(;(*'*+A &i>(&#(y&k &)(& J+&0'&*,%7%*(&5%"&"21&#1&'8*+&"(A182')+&!"&1"%0(,)/&4("*,1&'8*(&718*(&7%8%',5(&5(&'"%/&#'&1"&)(7"&#+&
'0'1?+3&#'&)+&,+54"+&!"&5%"*('&01$1-1%&2%&)+&'"'-%F(F(&0(&#(&P'*+-&()*(&1"%#1-&C15"(F(1&0%"&#(-(&#(& !7%&7+%&8%4)(3*(&#(0'&5%"&3*%%".'&#2"51#(,%%&1"(%&7',%&!74+,+.%%&#(,(3*%9
/(0(&2%&'&'7-'*&;4"+&'*1"#%3&0(&#(&(L%)*+&2%&*,(@1%(&)+&(L%)*(&1"&1"%#&C15"(F(18 m*%1&#+&)1"*(.%&;(,%#%.%&#+&)*'.%&!"&4,('G7'&J('/&5',&;(,%#%,('&#(&2&02%&,()%7.%&#E"5&02%&;%&!"*,(&`%%% &
!"&'7',+&0(&1"0'&;-(#'*+&0(&-'&;(,%7(,%'&7%"%*1-1%3&)(&5'%&'10(3&0%"&.,+&!"&.,+3&.&'-*+&1"0+:?4"03& d'*+81%/&!"&@;(,'&#("*,'8+/&0'&;%&#1&718*&7'%&7',(&5(#E*&'&02')*,+9&K&%1A%,(&"(#14,%")+&5(&7%"*(' &
;-(#'*+&0%"&H("*,1-&K7(,(%&0%/%"(A&iR1&)1"*&`%18&d'*+81%9&>%"&@;(,'&J('&42,"()#&*2'*(&#,('.%%8(9&J%( & 02')*,+&J+&'*,'-(&#1&41*(,(&#+*,(&?(8&#(&()*(&d'*+8&J(1&3%&'8&02)*,19
!7%&)2)()#&*2'*(&N"1,%8(&*,%7%)(&5(&d'*+8&J(1/&#',(&)1"*&*,(%7%M'*(&3%&*,'");2,7'*(&')*;(8&!"&'&u'8;'r & ="&5(#1,)18&7%8%',5(82,&5(&'"%&5(&#E"5&#2"51#&'#()*&)%)*(7/&'7&;2)*&5(&718*(&2,%&8'&d'*+8&J(1&3%&
*1*1,2,&#,('.%%82,k9 '#(8'3%&86'7&-+)%*&!"*2*5('1"'9&?17&()*(&d'*+8&J(1&"1&0+&42*&-,+%/&0+&42*&)41"(&52',&#+&R8&"1 &
C%"&F%&!"&F%&)(&'10(&.&'&*,(%'&1"0+:?4"0A&iR1&)1"*&@*+4E"18&'#()*1%&)%)*(79&R1&)1"*&F&uF8;'r&3%&MV& )('7+"+ & #1 & J%"( & )'1 & #1 & 02%/ & 4("*,1 & #+ & ()*( & N"189 & N"18 & ()*( & >17"(M(1/ & 5', & #' & ;2,7+ & R8 & "1 &
uK7(-'r&3%&82#1%()#&4(&@2',(&k9 )('7+"+&#1&`%18&)'1&#1&@;E"*18&>1$9&H1-'.%60+&3%&81#,'.%&4("*,1&R8/&#'&)+&'G1"-(.%&)+6:&0(5(.%&3%&02%&
!"&7%"(3&0%"&-1"+&!"&-1"+3&;.,"(2*(&0(&;(&G1"+&.&'-*+&1"0+:?4"0A &iR1&)1"*&@*+4E"18&'#()*1% & #E"50'9
C+7E"*&3%&7+&';81&4(&)'*(8%*18&)+1&k9 >%"&R8&'&41,#()&`%18&3%&4,%"&`%18&'&41,#()&@;E"*18&>1$9&>%"&R8&'&41,#()&7%#18&51$&7%"(,'8/&4,%"&`%18&
[.1+&#(')1-&/+&%"0%#+&.,'3&%',&-15%"'&2%&!"*1"(,%#1-&/+&0(*(,5%"+&F%1'&2%&".';*('8&H'-("0',1-& )6'&;2,7'*&3%&4,%"&@;E"*18&>1$/&5%"&"(A182')+/&)6'&!"#$(-'*&4%'*,'&'#()*1%&-82A9&`%.%&;(,%#%.%&#+&)1"*(.%&
".)*,1&"(&);1"(&.,'3&F%1'&2%&-1"'&#(,(')#+3&%"0%#'*(&;,%"&1"0(-(:?4"01,%&#(&)*,+@'*&);'6%%-(&;(&',%%&0%"& 0(3"%#%&#'&d'*+8&3%&0(.%&'G1"-(&#E"50'&)+&)*'.%&8'&5,('4*'&:1%k9
#(&!"&#(&5'%&5',%8&I#()*('&)1"*&0./(F%-(&%"0%)#1*'@%-(&'-(&?1/(,"+,%%&0(&*.'*(&?,'0(-(3&.,4"01%*(&0(&
1"%#1-&C15"(F(18 $'''$'''$
K;'6%%-(&,+)1"+&0(&1"0(:?4"03&;(&7,(#/("6(&0%"&#(&!"&#(&5'%&,%0%#'*(&2%3&!"&'#(('2%&5+)1,+3&;(&
?'5( & 0%" & #( & !" & #( & 5'% & #.5;-(L(3 & 5'% & @.?'*(8 & S-( & )%5* & ".,5(-( & 0( & #."01#(,( & 0'*( & 0( & 1"%#1-& c(7(,%*.,&-'&#1".2*%"6(-(&;,(0'*(&0(&!"?(,%3&(%&"1&;.*&'01#(&"%#%&.&0./'0+&);,(&!"#,(0%"6',(3&0',&"(&
C15"(F(1 & N1/(,"'*.,%-., & ;-'"(*',%3 & ".,5(-( & 5'% & !"'-*( & 0'*( & N1/(,"'*.,%-., & ).-',%3 & 2% & : & !" & 7%"(& );1"A&Bo,'*(3&!"*,('@+&;(&#(-&5'%&5%#&01$&'-&'#()*1%&;+54"*&0'#+&'&'1F%*&2%&(-&#(/'&#'&/("%"0&0(&
:".,5(&2%&5'%&)1@-%5(3&"(#()',(&H(-.,&0%"&K7(,'&#("*,'-+8 1"0(/'3&0%"&);'6%13&2%&/(F%&#+&(-&!6%&/'&);1"(A&lS1&'5&'1F%*&1"0'&'/&A&2%&#9&I,'&'1F%*&1"0':?4"0&0%"&
H1/4"*+,%-(&P'*+-1%&;.,"()#&0(&-'&)%5;-1&-'&#.5;-(L3&'0,()'*(&;("*,1&*.'*+&#,('6%'3&0(&-'&#(-(&5'%&=.')(& G1"+3&1"0':?4"0&0%"&K.',(&2%&1"0':?4"0&0%"&H("*,1-&#,('*.,n8&P13&#',(&'1F%&.&)(,%(&0(&1"0(:?4"01,%&5'%&
("*%*+6%&;4"+&-'&#(-(&5'%&!"'-*(8&S-(&;.,"()#&0(&-'&X&#1/%"*(A&iR1&1"18&>17"(M(1Ok9&I;.%&)(&(L;,%5+& 5',(&0(#4*&(-A&'/&A/&#/&5/&(/&;%&-/&#,(F%&#(('&!%&);1"&-1%3&;("*,1&#+&*1&'%&'1F%*&2%&1"0(-(&"('1F%*(&0(&(-A&5/ &
;,%"&^&#1/%"*(A&iR1&)1"*&1"%#18&02)*,1&>17"(M(1&4(,%;(,%#k9&!"*,:1"&?,'0&)1;(,%.,3&#1/4"*1-&P'*+-1%& (/&;%&-9&S13&#."7.,5&?,'01-1%&5(1&0(&!"?(,3&'5&'1F%*&1"0(-(:?4"0&'/&A/&#/&5/&(/&;%&-/&$/&%/&G/&I/&8/&,*%/&"/&29 &
()*(&2%&5'%&@.?'*&(L;,%5'*3&;,%"&<V&#1/%"*(3&';.%&;,%"&dv&2%&'2'&5'%&0(;',*(3&;4"+&-'&#1,)1,%&!"*,(?%8 P1&!"*,(@4"0&01$1,%-(&%"7(,%.',(&6%(3&/(%&#.")*'*'&#+&1"0(-(&'1F%*(&0(&(-(&:&'/&A/&#&6&)1"*&1"&7,'?5("*&
C(&#4"0&(L%)*+&9+54"*1-&".)*,13&0(&;()*(&*,(%&5%-%',0(&0(&'"%3&)(&'10(&5(,(13&!"&F."'&-1%&7-1%0%#+3& 0%"&1"0(-(&'1F%*(&0(&*%"(&: &'/&A/&#/&5/&(/&;%&-9 &C'#+&'#()*(&/(,%7%#+,%&'1&#."7%,5'*&#+&1"0(-(&)1"*&
#1/4"*1-&P'*+-1%&1"%#3&'*("6%."4"0&01$1-&0(&(L%)*("6'&2%&-(?('&K'8 ,(#(;6%."'*(&!"&71"#6%(&0(&?,'01-&(/.-1*%/&'-&01$1-1%3&0(&#(&)+&"1&#,(F%&!"&(L'#*%*'*('&1"0(-.,&'1F%*(&0(&
U',%&2%&7(,%#%6%&)1"*& H."01#+*.,%%&0(&;-'"(*(3&)*(-(& 2%&H(%&0%"&K7(,'&#("*,'-+3&0',&'1&.&5',(& 5%"(3&0',&!"#+&"('1F%*(&0(&*%"(D&R',&0'#+&'%&!"0.%(-%3&5'%&!"*,('@+&,(7(,%*.,&-'&#(-(&#(&6%:'5&);1)&2%&;(&
,();.")'@%-%*'*(&2%&#1&.&5',(&'*("6%(&*,(@1%(&)+:2%&0()7+2.',(&'#*%/%*'*('8 '-6%&7,'6%&!"?(,%&2%&/(F%#(:6%&/.,&);1"(&(%E8
P'*+-&*,%5%*(&.&;,%5+&1"0+:?4"0&o%%-.,&K+%&0%"&K7(,':G'@.,'*.,&'&-15%-.,8&I&0.1'&.&'0,()('F+& J(!"#,(F+*.,3&0',&#1&,+@0',(3&'5&!"*,(@'*&!"&)*4"?'3&!"&0,(';*'&2%&*.6%&5%:'1&);1)&-'&7(-Q&0(#%&#(-(&
N1/(,"'*.,%-.,&).-',%&2%&'&*,(%'&()*(&0()*%"'*+&N1/(,"'*.,%-.,&;-'"(*',%8 #.51"%#'*(&0(&!"?(,&)1"*&;1,1-&'0(/+,8
I#15&!5%&#."*%"1%&(L;1"(,('8
9,%"*,(&'-*(&#.51"%#+,%3&?-.,%.)1-&9+,%"*(&0(&-'&5',?%"('&7%"%*1-1%&);1"(A &iC81*()#&!"&7'*(,%' &
=";%"%*181%&(L*(,"9&@1"*&)#+85'*&8'&;'.'&J('&%"*(,"+&5(&7'*(,%'&;%"%*181%9&S%#%&2&'8*+&#,('*1,+&"1&',( &
Z&K(&)1@!"6(-(?(&)1"*9 ;2,7'&J('9&R1&)1"*&>17"(M(18&02)*,1/&5',&"1&(L%)*+&1"&'8&52%8('&#'&J%"(/&#+#%&4(&#E"5&02%&)1"*(.% &
'#(('3%&3%&48%"%/&!"&)E"18&J(1&!"2'*+&#,('.%%8(&J(8(&k9
W\_ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"&?(, W\U

C%/%"1-&P'*+&;(,%7(,%#&()*(&)7(,%#3&5%=-.#1-&)+1&7%%"0&15;-1*&#1&.&5'*(,%(&$'.*%#+&#(&'&)17(,%*&.& C'#+&5'*(,%'&'@).,@%*+&0%"&#.)5.)&',(&';',("6'&#+&()*(&5.',*+&:&0(.',(#(&"1&)(&5%2#+&0(&-'&)%"(3&
;,%5+&*,'")7.,5',(&2%&!"&#',(&!".'*+&K7(,'&#("*,'-+&2%&#(-(&;'*,1&1"%/(,)1,%8 0%"*,:1"&-.#&!"&'-*1-&:&5'*(,%'&0%"&'7','&K7(,(%&?-.,%.)1-1%&P'*+3&0%"&R"7%"%*1-&(L*(,"3&()*(3&!"*,:'0(/+,3&
p%)(,%#'&#,(2*%"+&'7%,5+&#+&1"1-&()*(&C15"(F(13&0',&!"&*,(%&;(,).'"(8&S'&'&!"6(-()&?,(2%*&'0(/+,1,%-(& 5'%&0(?,'@+&5.',*+&0(#4*&/%(3&#+#%&'2'&5+,*1,%)(2*(&S-&!"&1"(-(&0%"&0%71F+,%-(&K'-(A&iR1&481*()#&!"*,6
,(/(-'*(&!"&'-*(&*%5;1,%8&P'*+-&()*(&"15'%&T"1-3&2%&%10(%%&'7%,5+&'#(-'2%&-1#,18 2&7'*(,%(&8%4)%*+&5(&7%3#',(&3%&02%".+/&4(&#',(&2&'A)2,A&!"&)E"18&J(1&3%&2&0%0%;%#/&3%&5%"&'#()* &
!"*,:'0(/+,3&!")12%&P'*+-&0%71F('F+&!"&-15(A&iR1&'7&#,('*&!"&817(&4(&`%18&3%&4(&@;E"*18&>1$/&5', & 727("*&5(0%"(&7'*(,%'&0%(&'&;%"%*181%k9
R%&#'&J%"(&"1&)1"*k9 C%"&'#(')*+&5'*(,%(&/%(3&o%1-&#."7(#6%."('F+&*.'*(&/%(*+6%-(&0(&;(&*.'*(&?-.@1,%-(&#(,(2*%3&0(&-'&
C(&'%#%&,(F1-*+&#+&.51-&"1&()*(&7+#1*&01;+&#$%;1-&2%&')(5+"',('&P'*+-1%3&#%&()*(&-'&7(-&"15'%&#1& 7-1%01-&7%F%#&;4"+&-'&5%"(,'-&2%&0(&-'&01$1-&5%"(,'-&;4"+&-'&',$'"?$(-%8
o%1-&0%"&K7(,':G'@.,'*.,3&0();,(&#',(&2*%5&#+&(&#.5;1)&0%"&*,(%&;+,6%3&#'&2%&.51-3&0%"&*,(%&;',*%#1-(&#(& C%"&#(-(&);1)(&/%&):',&;+,('&#+&'#15&2*%6%&*.*1-8&J13&7,'*(3&(L%)*+&51-*(&*'%"(&;(&#',(&"%#%&".%&"1&
7.,5('F+&.&1"%*'*(A&);%,%*1-8 -(&2*%58&I%#%&'5&7+#1*&0.',&.& )%"*(F+&7.',*(&)15',+& '&#1".2*%"6(-.,&".')*,(3&#+#%& !"#+&.5("%,('&
I5&);1)&#+&*,1;1-&P'*+-1%&()*(&;(,5('@%-3&;(,5%64"0&5'*(,%(%&R"7%"%*1-1%&(L*(,"&)+&%"*,(&!"&7%"%*3&0',& *(,()*,+&"1&'&'=1")&-'&;1"#*1-&0(&'&-1'&#1".2*%"6+&0(&*'%"(-(&5'%&;,.71"0(8&H4"0&*%5;1-&/'&/("%3&)(&
"%#%&.&#,('6%(&0%"&)4"1-&P'*+-1%&"1&/'&;1*('&%(2%&0%"&P'*+-3&;("*,1&'&)(&;%(,0(&!"&R"7%"%*1-&(L*(,"8& /.,&0'&-15%%&#1".2*%"6(&5'%&!"'-*(8&I5&0.,%*3&7,'*(3&#'&-'&-15%"'&'#()*.,&'0(/+,1,%&.51-&)+&/'0+&
I)(5("('&7.,6(&(L%)*+&!"&)4"1-&P'*+-1%3&!"#4*&S-&'@).',@(&5'*(,%'&$'.*%#+&'&R"7%"%*1-1%&(L*(,"&2% &.& #'-('3&)+&"1&5'%&,+*+#(')#+&2%&)+&"1&5'%&!"*4,F%(&!"&#+-+*.,%'&)'&);,(&7(,%#%,('&#(,(')#+8
*,%5%*(&);,(&K7(,'&0%/%"+&)'1&K7(,':G'@.,'*.,3&#',(&.&'@).',@(&!"&%"*(,%.,1-&(%8&I%#%3&o%1-&*,'")7.,5+&
5'*(,%'&$'.*%#+3&;,(?+*%"0:.&;("*,1&#,(',('&1"(%&"(@1-.')(3&;(&#',(&';.%&.&/'&(L;1-F'&0%"&)4"1-&K+13&
!"*.#5'%&#15&5'5'&!2%&"'2*(&#.;%-1-8&9(&5+)1,+&#(&)(&!"0(;+,*('F+&0(&K7(,'&0%/%"+3&"(@1-.')'&)(&
!"/4,*.2('F+8&G'&.&/,(5(3&'&'=1")&'*4*&0(&0(")+3&!"#4*&)(&'"1-('F+&7.,6'&0(&,();%"?(,(&'&H("*,1-1%&2%& J1&2*%5&51-*(&0();,(&?-.,%.)1-&".)*,1&P'*+3&;("*,1&#+&"1&-:'5&/+F1*3&0',&!%&'1F%5&;.,1"#%-(&#(&
)(&(#$%-%@,('F+&#1&7.,6'&0(&'*,'#6%(8&C%"&'#()*&5.5("*3&"(@1-.')'&,+54"(&6%"*1%*+&!"*,:.&,(?%1"(&'& ,+)1"+&;,%"&H(,1,%3&0%"&/(#%%&/(#%-.,8&9.,1"#%-(&G1%&"1&)1"*&.,0%"(&;(&#',(&0'#+&"1&-(&!"0(;-%"(2*%&
);'6%%-.,&1"0(&!2%&/'&01#(&*,'%1-&2%&!2%&/'&0()7+21,'&(/.-16%'8&91"#*1-&1"0(&'&'=1")&'&7.)*&0(*(,5%"'*&0(& %5(0%'*3&/(%&7%&;(0(;)%*8&S-&/.,@(2*(&o%%-.,&K+%&0(&-'&H("*,1-&#,('*.,3&%',&o%%%&K+%&0(&'#.-.&#.51"%#+&
#'-%*'*('&5'*(,%(%&#(&7.,5('F+&"(@1-.')'8&C1;+&.&/,(5(&"(@1-.')'&)(&*,'")7.,5+&!"*,:1"&)%)*(5&).-',8& .,0%"1-&;,%5%*3&K74"*1-1%&C1$3&#+,1%'&%&):'&0'*&0,(;*1-&2%&;1*(,('&0(&'&;(0(;)%8
C1;+ & 5%-%',0( & 0(& '"%3 & )%)*(51- & /' & !"#(;( & )+ & )( & 0(5'*(,%'-%F(F( & 2% & 0%"& '#()* & 5.5("* & /' & !"#(;(& P'*+-&/.,@(2*(&!"6(-(;6%-.,3&%',&K74"*1-&C1$&:&"(,.F%-.,3&#',(&"(')#1-*4"0&0(&-(?%-(&P'*+-1%3&K74"*1-&
#+-+*.,%'&)'3&*.*&;(&1"&0,15&);%,'-'*3&5'*(,%'&)'&7-1%0%#+&7%%"0&'*,')+&0(&K7(,'&#("*,'-+8 C1$&/'&0'&.,0%"&)+&7%(&;(0(;)%6%8&K74"*1-&C1$&#."*,.-('F+&#.$.,*(-(&0(&!"?(,%&0(&)1@&S-3&%',&S-&()*(&
J(y*."&'&#.")*'*'*&7.,6'&0(&'*,'#6%(&'&;+54"*1-1%3&2%&'&0("15%*:.&-,'0%*'.%(/&0',&"%#%&(-&"1&'&2*%1*& )1@&#."*,.-1-&o%1-1%3&#',(&,';.,*('F+&P'*+-1%&0(&;1"(,('&!"&-1#,',(&'&.,0%"(-.,&K'-(8
0%"&#(&#'1F+&(L(,#%*+&;+54"*1-&'#(')*+&7.,6+8&J1&%:'&*,(#1*&;,%"&5%"*(&#+&7.,6'&5'?"(*%#+&'&;+54"*1-1%& C1;+&#15&'5&);1)3&.,0%"(-(&?-.,%.)1-1%&P'*+&7%%"0&;,('&'@)*,'#*(3&;,('&#."#%)(3&*,(@1%(&%"*(,;,(*'*(&
)(&0'*.,(2*(&7';*1-1%&#+&(-&()*(&!"7+21,'*&0(&1"&1,%'2&#%,#1%*&(*(,%#3&0(&"'*1,+&(-(#*,%#+3&*,'")7.,54"01:<& 0(&Mo%1-3&%',&'#()*'&-(&#.51"%#+&K74"*1-1%&C1$8&G'&,4"01-&K+13&K74"*1-&C1$&*,(@1%(&)+&-(&#.51"%#(&;(&
!"*,:1"&1,%'2&5'?"(*8&P.*&?,'6%(&'#()*1%&#%,#1%*&)(&;,.01#(&2%&!"/4,*%,('&;+54"*1-1%&!"&=1,1-&'L(%&)'-(8& !"6(-()1-&!"?(,%-.,3&#',(&-(&/.,&;1"(&!"&(L(#16%(8
C(/("%"0&')*7(-&1"&1,%'2&5'?"(*3&;+54"*1-&'*,'?(&-'&)%"(&*.*&#(&()*(&;(&)1;,'7'6'&)'&2%&!"&=1,1-&)+13& a,0%"(-(&P'*+-1%&#.")*'1&!"&!"/+6+*1,%3&!"&".,5(&;("*,1&".%-(&(*';(&'-(&(/.-16%(%&7%(#+,1%&)%)*(5&
;,.;.,6%."'-&#1&0(")%*'*('&5'*(,%(%&,();(#*%/(8 ).-',&)'1&'-(&7%(#+,(%&;-'"(*(8&P'*+-&2*%(&!"&#(&5.5("*3&-'&#(&(*';+&'&(/.-16%(%&'&'=1")&.,%#(&#.,;&
K7(,'&P'*+-1%&;(,%7(,%#&)(&,.*(2*(&2%&S'&!"&=1,1-&'L(%&)'-(&!"#$%;1%*(3&#,(4"01:)(&1"&).,@3&#'&-'& #(,()#3&;("*,1&#+&(&!"2*%%"6'*&0(&5%-%',0(-(&0(&H.-'@.,'*.,%&#',(&1,5+,()#&5(,)1-&/%(6%%&-.,8
.,%#(&0%"'58&N,'6%(&'#()*1%&7';*3&S'&'@).',@(&0%"&R"7%"%*1-&(L*(,"&5'*(,%'&$'.*%#+&#(&*,(#(&;,%"&;(,(6%%& S-&e&2*%(&'@).-1*&*.*&#(&)(&;(*,(#(&;(&7%(#',(&;-'"(*+3&!"*,1#4*&;("*,1&7%(#',(&)1"*&5%%&2%&5%-%.'"(&
#.,;1-1%&K+1&2%&.&!5;%"?(&5'%&0(;',*(&);,(&#("*,1-&K+18 0(&.#$%&0%/%"%&#',(&!-&%"7.,5('F+8
I&7.)*&.0'*+3&#4"0&?-.,%.)1-&P'*+&(,'&5%#&2%&;-%"&-'&%"*(,%.,8&S-&2%&#1&'-*(&S"*%*+6%&?-.,%.')(&0(&5'%&';.%& H1&'=1*.,1-&5%-%',0(-.,&0(&5%-%',0(&0(&H.-'@.,'*.,%3&P'*+-&2*%(&!"&.,%#(&)(#1"0+&*.*&#(&)(&;(*,(#(&
'1&$.*+,4*&)+&7'#+&1"&?.-&!"&5%=-.#1-&G1%&2%&?.-1-&):'&7+#1*8&N,(4"01:)(&'#()*&?.-3&5'*(,%'&0%"&R"7%"%*1-& !"&)7(,'&#,('6%%-.,8&I2'&)(&(L;-%#+&7';*1-&#+&0%/%"1-&P'*+&/(0(&2%&2*%(&*.*8
(L*(,"&'&!"#(;1*&)+&(L(,#%*(&.&;,()%1"(&')1;,'&'#()*1%&H.,;&)7(,%#3&?.-&-'&5%=-.#8&9("*,1&'&7'#(&7'6+& S-&"1&2*%(&#(&)(&;(*,(#(&!"&R"7%"%*1-&(L*(,"3&0%"&'7','&G1%3&;("*,1&#+&"1&',(&"(/.%(&)+&2*%(&2%&;("*,1&
'#()*(%&;,()%1"%&0%"&'7',+3&K7(,'&?-.,%.)1-1%&P'*+&'&!"#(;1*&)+&)(&,.*(')#+8&9,%"&'#(')*+&5%2#',(3&;(&0(& #+&'#(')*+&!5;+,+6%(&51*+&"1&()*(&)1@&0(;("0("6'&G(?%-.,&K'-(8
.&;',*(&):'&!"-+*1,'*&;,()%1"('&0%"&'7',+3&%',&;(&0(&'-*'&)(&'@).',@(&5'*(,%(&$'.*%#+3&!")+3&*,(@1%'&)+& P'*+-&()*(&G15%"'&#(&,'0%'F+&2*%%"6'&2*%%"6(-.,8&C(&-'&S-&;-('#+&/%'6'&2%&S-&.&!"0,15+&;(&#+,+,%-(&
(L%)*( & #(/' & -' & #("*,1- & K7(,(% & #',( & )+ & #."*,'@'-'")(F( & ;,()%1"(' & /("%*+ & 0%" & R"7%"%*1- & (L*(,"8 & 9,%"& -(?%-.,&K'-(8&H1&0,(;*&#1/4"*3&S-&()*(&?'8('/&F5(0+,18&2%&h%'.'9
1,5',(3 & P'*+- & ' & '-() & 1" & ;1"#* & 5'*(,%'- & #("*,'- & '- & K7(,(% & K'-( & 2% & !" & '#(- & ;1"#* & ' & !"#(;1* & )+& a,%#4*&0(&%"7%"%*&0(&5',(&()*(&P'*+-3&S-&6%"(&)('5'&#$%',&2%&0(&)17(,%"6'&1"1%&7%,&0(&%',@+3&'&1"1%&
!"?,+5+0(')#+&.&5'*(,%(3&.&#.5@%"'6%(&0%"&5'*(,%'&o%%"6(%&K'-(&2%&.&;',*(&0%"&5'*(,%'&0%"&'7','&K'3& @.@&0(&"%)%;3&;("*,1&#+&(&.;(,'&G1%3&;("*,1&#+&'1&7.)*&;,(?+*%*(&#1&.&;',*(&0%"&o%%"6'&K'8
0%"&R"7%"%*1-&(L*(,"8&9("*,1&#'&,(F1-*'*1-&)+&7%(&2%&5'%&5',(3&'&0'*&'#()*(%&5')(&#("*,'-(&.&5%2#',(&0(& 9',*%#1-'&5.',*+&2%&!"*1"(#'*+&'&R"7%"%*1-1%&(L*(,"3&'&R"7%"%*1-1%&7+,+&-15%"+3&*,(#4"0&;,%"&*,1;1-
,.*'6%(8 & C( & '#153 & P'*+- & '@).',@( & 5'*(,%( & 0%" & R"7%"%*1- & (L*(," & 2% & . & *,%5%*( & K7(,(% & #("*,'-(8 & C%"& P'*+-1%3&'&;,%5%*&#(/'&0(&-'&S-3&2%&0%"&'#(-&5.5("*&0%"&!"*1"(#'*+&'&0(/("%*&-15%".')+8&I#()*(
'#(')*+Z#'1F+3&K7(,'&#("*,'-+&#,(2*(&2%&*%"0(&)+&)(&';,.;%(&0(&7'6'&%"*(,"+&'&K7(,(%&?-.,%.)1-1%&)+1& ;',*%#1-(&01,'1&!"&R"7%"%*3&%F.-'*(3&)(;','*(&1"(-(&0(&'-*(-(8&C(&!"0'*+&#(&'1&*,(#1*&!"&R"7%"%*1-&%"*(,"
9+,%"*(3&')(5("('&#.;%-1-1%&!"&;4"*(#(-(&5'5(%&)'-(8&K7(,'&%"*(,"+&0(/("%&N-.,%.)1-&%"*(,"3&)'1&o%1-& '-&P'*+-1%3&(-(&'1&7.)*&-1'*(&2%&1"%*(&-'&1"&-.#3&#4*(&*,(%3&;,%"*,:.&)1@)*'"6+&'&*,1;1-1%&?-.,%.)1-1%&P'*+8
K+18 I)*7(-3&0%"&*,(%&%"0%/%01'-%*+6%&-%@(,(&'&7+#1*&1"&-827(,18&5(&*,(%&4',*%#18(/&2&1"%*'*(&*,(%7%#+9
H4"0&"1&(L%)*'&K7(,'&%"*(,"+3&?-.,%.)1-&P'*+&?4"0('3&;-+"1%'3&0',&#1?(*',('&K'&(,'&%"*(,"+3&"1&)(& !"'%"*(&0(&'&7%&1"%*(3&*,(%5%F'*(3&P'*+-&-(:'&;,(?+*%*&!"&/(0(,('&)#.;1-1%&1,5+,%*A&1"(%'&0%"&(-(&%:'
;1*('&/(,%7%#'&2%&,('-%F'&!"&'7','&G1%8&C(&!"0'*+&#(&'&#,('*&K7(,'&#("*,'-+&:&#.5;1)+&0%"&5'*(,%'& 0'*&;1*(,('&0(&'&-1#,'&#'&.&7.,6+&42M%*%0+/&;(&#('&0(&'&0.1'&'&%"7-1("6'*:.&)+&'#*%/(F(&#'&.&7.,6+
*,1;1-1%&K+1&#.5@%"'*+&#1&5'*(,%(&0%"&R"7%"%*&:&N-.,%.)1-&P'*+&?4"0('3&%',&;-'"1,%-(&K'-(&)(&,('-%F'1& "(-'*%0+&3%/&!"&7%"(3&;(&#('&0(&'&*,(%'&'&-+)'*:.&'2'&#15&'&/("%*&0%"&R"7%"%*1-&!"*1"(#'*3&'0%#+&"(1*,+9
0(&#(%&0%"&K7(,'&#("*,'-+3&0(&o%1-&K+18 C()%?1,3&!"&5%"*('&#%*%*.,1-1%&)(&/'&"'2*(&!"*,(@',('&;1)+&2%&0(&".%A&BC(&#(&.&7%&;,.#(04"0&')*7(-
C',&;("*,1&#+&H("*,1-&;,%5('&5(,(1&5'*(,%(&*,%5%)+&0(&P'*+-3&K7(,'&o%1-1%&)(&*.*&5+,('&2%&',&7%& P'*+-3&;+,*%"%"0&;(&;,%5(-(&0.1+&:&.',(#15&!"015"(F(%*(3&%',&;(&'&*,(%'&"1DE
'=1")&)+&)(&#."*.;(')#+&#1&7'6'&%"*(,"+&'&K7(,(%&9'*(,"(8&9("*,1&'&)(&!"-+*1,'&'#(')*+&!5;,(=1,',(3& J(:'5&!"*,(@'*&;("*,1&#+&"1&2*%5&;,.71"F%5('&!"6(-(;#%1"%%&K'-(&0%/%"(8&:&&&&9,.#(04"0&')*7(-3&P'*+-&
P'*+-&'&!"?,+5+0%*&5'*(,%'&$'.*%#+&6%"1*+&!"*,:.&'"15%*+&7'F+3&7.,54"0&.&F."+&%F.-'*.',(3&)(;','*.',(& '&/,1*&)+&0('&"'2*(,(&1"(%:/%(*+6%&;(,7(#*&#';'@%-(&0(&(/.-16%(3&2%&!"&'#(-'2%&*%5;&)+:G&!"2*%%"6(F(&
!"*,(&P'*+-&2%&o%1-3&!"*,(&K7(,'&N-.,%.)1-1%&(L*(,"&2%&K7(,'&N-.,%.)1-1%&)+1&o%1&%"*(,"8 '1*.5'*&0(&;+,(,('&(%3&1"%#+&2%&*.*12%&;.,"%"0&0(&-'&*,(%&;+,(,%8
G'&.&/,(5(3&o%1-&):'&0(F/.-*'*&2%&;(,7(#6%."'*&'*4*&0(&51-*3&!"#4*&'&!"#(;1*&)+&;,(?+*(')#+&!"&)4"1-& C'#+&;(&*.'*(&-(:',&7%&7+#1*&0(&1"&7(-3&":',&5'%&7%&'/1*&.&;+,(,(&0(;-%"+3&.&=10(#'*+&#.5;-(*+3&
K+1&;,%5'&"(@1-.')+8&H4"0&'&7.)*&;(&0(;-%"&'-#+*1%*+3&'&(-%5%"'*:.&!"&);'6%1-&0%"*,(&P'*+&2%&o%13 &2%& ;("*,1& #+&',& 7%& -%;)%*& #.5;','6%'3& "1&',&5'% &7%&7.)* &.&'7%,5'6%(3& .& "(?'6%(&2%& 0(#%& .& #."*,./(,)+8&
')*7(-&'&-1'*&"'2*(,(&;,%5'&)*('3&@%"(!"6(-()&%5;(,7(#*+3&#'&.,%#(&!"#(;1*3&2%&%"(L%)*("*+&'F%3&0(.',(#(&0(& C%/%"%*'*('&'&/,1*&)+:2%&7'#+&1"&%")*,15("*&;(,7(#*3&.&1"%*'*(&0%/%"+3&#',(&)+&,(F.-/(&.,%#(&;,.@-(5+&
'*1"#%&'&*,(#1*&.&/(2"%#%(8&I&1,5'*&'&0.1'3&'&*,(%'&"(@1-.')+&2%&'2'&5'%&0(;',*(8 ;,%"&*,(%&=10(#+6%8
a&0'*+&)%)*(51-&).-',&#,('*3&o%%%&0(&-'&H("*,1&'1&0()(5"'*&;(&T"1-&0%"*,(&S%3&;(&#(-&5'%&*4"+,3&)+& C',&P'*+-&()*(&*,%"%*',D&J13&S-&()*(&"15'%&T"1-3&#'&2%&;',*%#1-(-(&0%"&R"7%"%*8&9,%"&'#()*&7';*3&P'*+-&
#."01#+&'#()*&)%)*(5&;-'"(*',3&2%&')*7(-&):'&%")*%*1%*&;(&(-(&'&*,(%'&;(,).'"+3&K74"*1-&C1$8 )(&0(.)(@(2*(&0(&*.'*(&7+;*1,%-(&K'-(&0%"&)7(,'&#.)5%#+3&("*%*+6%&#',(&*.'*(&)1"*&*,(%7%/&*,(%1"'9
!"*4%&'&7.)*&1"1-3&';.%&0.%&2%3&!"&7%"(3&'1&0(/("%*&*,(%A&P'*+-3&o%1-&2%&K74"*1-&C1$8&C(&'*1"#%&).,%%&):
'1&!"51-6%*3&K7(,'&#("*,'-+&):'&5+,%*&2%&P'*+-&'&'=1")&.&R"7%"%*'*(8 $$$
W\V >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"&?(,
W\W

C%"&#(-(&(L;1)(&;4"+&'#153&):'&/+F1*&#+&R"7%"%*1-&(L*(,"&()*(&!"*1"(#'*3&"(5%2#'*&2%&#.5;1)&0%"& C1;+&#(&*(,5%"+&(%3&K74"*1-&C1$&).-',3&!5;,(1"+&#1&!"?(,%%&K+%3&7'#(&)-1=@'&0(&!"#$%"+#%1"(&
;',*%#1-(&)(;','*(3&#(&'1&';',("6'&0(&'&7%&-%;)%*(&#1&*.*1-&0(&/%'6+3&;(&#4*+&/,(5(&R"7%"%*1-&%"*(,"&()*(& ?-.,%.)1-1%&P'*+8&R"&7%"(3&"15'%&01;+&*(,5%"',('&)-1=@(%&-.,&!"#(;&K7%"*(-(&C1$1,%&;-'"(*',(&)-1=@'&
-15%".)3&;-%"&0(&5%2#',(3&0(#%&2%&0(&/%'6+3&2%&#.5;1)&0%"&;',*%#1-(&*,(%5%#(8 -.,8&a&0'*+&;(&'"&)(&7'#(&'#(')*+&)74"*+&)-1=@+&!"&*.*&#.)5.)1-&2%&)1##()%/&)(&'10(&#1/4"*1-&P'*+-1%&'-&
R"7%"%*1- & (L*(,"3 & 1"%#%*', & "1 & )%5*( & "(/.%' & 0%/%"1-1% &P'*+3 & 0',& S- & )%5*( & .& 5',( & %1@%,( & ;("*,1& o%1-1%&2%&'-&K74"*1-1%&C1$3&7%(&S-&).-',&)'1&;-'"(*',8
R"7%"%*1-&(L*(,"3&0%"&#',(&):'&"+)#1*&#4"0/'8&N-.,%.)1-&P'*+3&7.,6+&/%(3&%1@(2*(&'#(')*+&5'*(,%(&#(&;',(& H(%&5'%&;16%"&)*+,1%*.,%3&"('/4"0&0,(;*1-&)+&;',*%#%;(&-'&'#(')*+&)74"*+&-%*1,?$%(3&/%"&-'&".%3&*'6%%&
5.',*+&2%&0.,(2*(&)+&.&#$(5(&;(&*.'*+&-'&.&/%'6+&0(;-%"+&2%&'#*%/+3&)+&.&7'#+&2%&;(&('&-15%".')+&2%& -.,3&)(&);./(0()#&2%&)(&,.'?+A&BK7%"*(&;+,%"*(3&);1"(:"(&2%&".1+&#1/%"*(-(&)7%"*(&'-(&P'*+-1%3&o%1-1%&2%&
7(,%#%*+8 K74"*1-1%&C1$3&#'&)+&7%5&2%&".%&;+,*'2%&7(,%#%,%%&/.')*,(E8
I=1")+&!"&R"7%"%*1-&%"*(,"3&;',*%#1-'&$'.*%#+&)'1&1"%*'*('&*,(%5%#+&7.,5'*+&0%"&*,(%&;',*%#1-(&'-(& o,'*(3&)%-(2*(:*(&0%"&*.'*(&;1*(,%-(&)17-(*1-1%&*+1&)+&"1&?,(2(2*%3&%1@(2*(&;(&*.6%&2%&%',*+&*1*1,.,&#',(&
R"7%"%*1-1%&(L*(,"3&)(&(L;,%5+&')*7(-&!"&".1-&5(0%18&9',*%#1-'&;.F%*%/+&'&'#()*1%&?-.5(,1-&*,(%5%F'*& !6% & /., & ?,(2%3 & #' & )+ & 7%% & 0(5" & )+ & *( & 1,#% & !" & G1"+ & 2% & )+ & '1F% & #1/4"*1- & P'*+-1% & ".)*,1 & 0%" & H(,1,%8&
);1"(A&BK1"*&)%?1,+&#+&'#15&'5&'=1")&!"&*,1;1-&P'*+-1%E8&9',*%#1-'&'&0.1'3&#('&"(?'*%/+3&);1"(A& 9,.;./+01%(2*(&*1*1,.,&)+&"1&5'%&7'#+&?,.'F"%#1-&;+#'*&0(&'&@-()*(5'&;(&#%"(/'8&C'#+&'6%&'/('&F(#(&
B!"#-%"&'&#,(0(&#+&'5&'=1")&!"&*,1;1-&P'*+-1%3&0',&;.'*(&)1"*&!"&'-*+&;',*(E8&R',&#('&0(&'&*,(%'3&;',*%#1-'& .@,'=%3&.7(,%6%:%&;(&*.6%&)+&7%(&;+-51%6%&2%&)#1%;'6%&0(&#(-&,+13&2%&*.*12%&)+:R&%(,*'6%&;("*,1&7';*'&-1%3&
"(1*,+3&!2%&);1"(&2%&('&;+,(,('A&BJ1&#,(0&#+&'5&'=1")&!"&*,1;1-&P'*+-1%8&S1&#,(0&#+&)1"*&*.*&!"&R"7%"%*1-& 0(.',(#(&"1&2*%(&#(&7'#(8&C'#+&!6%&/'&?,(2%&#%"(/'3&);1"(:%&!"&?4"03&!"&#')'&*'3&0(#%&7+,+&2*%,('&-1%A&
5(1&(L*(,"3&0(&1"0(&'5&/("%*3&;("*,1&#+&!"&!"*1"(,%#&(,'5&'#.-.&2%&!"&!"*1"(,%#&)1"*&2%&'%#%E8 Bo,'*(3&(1&*(:'5&%(,*'*3&C.5"1-&)+&=10(#(&7';*'&*'E8&H(-&#(&@-()*(5+3&#(-&#(&,+);1"0(&#1&,+13&)(&7'#(&
C%"&);1)(-(&'#()*(%&5%#%&/%(*+6%3&,(F1-*+&#+&;(,%7(,%'&(L*(,"+&'&R"7%"%*1-1%&%"*(,"&(&*.*&'*4*&0(& ;(&)%"(&=10(#+*.,&2%&=10(#'*'&.51-1%&()*(&"(0,(';*+8&C(&'#(('&%(,*'6%&2%&%',&%(,*'6%3&#'&)+&"1&/+&#+%6%&5'%&
!"*1"(#'*+&#'&R"7%"%*1-&(L*(,"8 *4,F%13&/+F4"0&)17(,%"6'&';,.';(-1%&/.)*,13&0%"&#'1F'&"(%(,*+,%%&/.')*,(8&U'%&@%"(&)+&/+&#+%6%&#+&'6%&
N-.,%.)1- & P'*+ & ( & 7(,%#%* & -' & '1F1- & '#()*., & *,(% & ;+,(,%3 & 0(.',(#( & #.")*'*+ & #+ & ' & 7+#1* & . & /%(*'*(& ?,(2%*&0(&-:'6%&%(,*'*3&0(#4*&)+&/+&;',+&,+1&5'%&*4,F%1&#+&"1&-:'6%&%(,*'*8&9("*,1&7';*'&-1%&)+:<&=10(#(&#(%&
#.,();1"F+*.',(&;,%"#%;%1-1%& )'1 & #.5'"0'5("*1-1% &K+1 & 0%/%"A &?$%', & 5'#+&()*( &!"& )E"18& d'*+81%/ & 0%" & H(,3 & #+#% & =10(#'*' & -., & (& 0,(';*+8 & C', & 5'% & '-() & "1& @-()*(5'6%3 & #+#% & 0(& @-()*(5 & /' & )17(,% & #(-&
-827(,18'&*,(%7%#+&)+&"1&0'5+&4(&F1*2,18/&4(&d'*+8&(%9 @-()*(5'*3&%',&@-()*(51-&)(&!"*.',#(&2%&')1;,'&#(-1%&#(&'&@-()*(5'*8&[%"./'*1-&/'&2*%&#+&'%&7.)*&7+,+&5%-+&
T"'&0%"&5',%-(&;,%"#%;%%&'-(&P'*+-1%&()*(&#'&"%#%&.&#,('*1,+&'&K'&)+&"1:G&/'0+8&S-&0.,(2*(&#'&.,%#(&01$3& 2%&*(&/'&1,5+,%&#1&1,'&-1%3&;("*,1&#+&*(:'%&%")*%*1%*&!"&=10(#+*.,&"(5%-.)8
.,%#(&#,('6%(&'&K'3&)+:G&%1@(')#+&2%&)+:G&0.,(')#+3&0',&)+&"1:G&/'0+8&S-&/,('&)+&7%(&#'&5%,(-(3&!"&/(#%& C( & #4*( & .,% & !6% & ?,(2(2*( & )(5("1-3 & '5%"*(2*(:6% & ,1?+#%1"(' & C.5"1-1%A & B>%:5% & %',*+3 & C.'5"(3&
'2*(;*'*&2%&"(/+F1*3&;("*,1&#+&5%,(')'3&0'#+&!-&/'&?+)%&2%&!-&/'&/(0('3&!2%&/'&;%(,0(&%1@%,('&#(&2%:.& ?,(2(-%-(3&#+#%&2%&(1&'5&%(,*'*&;(&'-(&7,'*(-1%&5(1E8&W%&'#(')*'&0(&*,(%&.,%3&;.5("%"0&;(&#(%&#(&6%:'1&
7+1,%)(&7'6+&0(&#(-&51-*&'2*(;*'*8&P'*+-&)(&')#1"0(3&/,('&)+&7%(&"(/+F1*&0(&-15('&#,('*+&0(&S-3&0',&/,('& ?,(2%*3&2%&)(&/'&-1'&".*+&!"&H(,&0(&0(#-','6%'&*'8&!"&F%-(-(&/%%*.',(3&/(%&*,(#(&;(&-4"?+&#(-&#(&6%:'&?,(2%*&2%&
)+&R&)(&'10+&?-')1-3&')*7(-&#'&)+&7%(&7(,5(#'*&#(-&#(&/'&'1F%&/.,@%,('&K'8&P'*+-&/()*(2*(&-15%%&#,('*(A& /(%&/(0('&5%"1"('&G(?%-.,&0%/%"(A&(-&!6%&/'&%(2%&!"&#'-(3&!6%&/'&F45@%&2%&;.'*(&#$%',&!6%&/'&#(,(&)#1F(&)'1&
iR1&)1"*&#(8&#(&'7&;2)*/&)1"*&3%&02%&;%k9 %(,*',(&;("*,1&7';*'&)'8&o'#(6%&'2'3&7,'6%-.,3&2%&/'&7%&@%"(&0(&)17-(*1-&/.)*,1&!"&H(,1,%8
P'*+-&()*(&.&7%%"6+&0.,%*+&2%&#+1*'*+&!"&/(2"%#%(3&;("*,1&#+&7(,%#%,('&"1&5'%&;,.01#(&7(,%#%,(&0(#4*&
#1&#."0%6%'&)+&":.&'*%"?%&"%#%.0'*+8&o(5(%'&#('&5'%&7,15.')+&0%"&-15(&()*(&#('&"+)#1*+&0.',&!"&
%5'?%"'6%'&*'3&7+,+&):.&/(F%&2%&):.&'*%"?%&/,(.0'*+8&H('&5'%&%1@%*+&o%%"6+&0%"&*.'*+&K7(,'&#,('6%%-.,&()*(&
P'*+-3&;("*,1&#+&"%5("%&"1&;.'*(&)+:G&/'0+8 I5&);1)&#+&P'*+-&()*(&;(,%7(,%#8&S-&*,%5%*(&#+*,(&#("*,1-&7%"%*1-1%&.&7%%"6+&*,(%5%#+&7.,5'*+&0%"&*,(%&
P'*+-&()*(&%1@%*&;("*,1&#+&S-&"1&7'#(&0(#4*&@%"(&2%&"1&1,+2*(&"%#%&1"&01$8&a,%#4*&0(&"(".,.#%*&'%&7%3& ;',*%#1-(&$'.*%#(8&!"&0,151-&)+13&'#()*&?-.5(,1-&*,(%5%#&):'&').#%'*&#1&'-*(&0.1+&?-.5(,1-(3&7.,54"0&
.,%#(&6%&):',&!"*45;-'3&"1&;.6%&)+:R&'*,%@1%&"(7(,%#%,('&*'3&;("*,1&#+&S-&"1&',(&"%#%&1"&,';.,*&0%,(#*&#1& .&1"%*'*(&2%&5'%&5',(3&#.5;1)+&0%"&0(&*,(%&.,%&*,(%&;',*%#1-(&$'.*%#(8&I#(')*+&".1+&;',*%#1-+&()*(&
#.;%%%&K+%8&S-&);1"(&!"&/(#%A&iR1&;'#&'3'&3%&)1"*&;(,%#%*9&`'#(.%&3%&02%&8'&;(8&3%&0(.%&;%&;(,%#%.%k9&R',&".%3& '@).,@%*+&0(&K7(,'&#("*,'-+&'&o%1-1%3&;("*,1&'&;,(?+*%&0%"&('&5'*(,%'&0%7(,%*(-.,&#,('6%%8
#.;%%%&K+%3&,+);1"0(5&!"&#.,A&B[.5&7'#(&'2'3&P'*+3&0',&1"0(&(2*%&P1&'#15DE&S-&,+);1"0(A&iF%#%/&)1"*& C1;+&5.',*('&1"1%&)%)*(5&;-'"(*',3&H."01#+*.,1-&-1%&)(&!"*.',#(&-'&H("*,1-&#,('*.,&#1&*.'*(&
8E"-+&02%k9&R',&".%&"1&2*%5&#(&)+&5'%&#,(0(53&0(&"(-+51,%6%&#(&,+54"(58 #(*(-(&0(&01$1,%&'/1*(&)1@&.,0%"(-(&K'-(3&0(&-'&#(-&5'%&5%#&01$&:&01$1-&5%"(,'-3&;4"+&-'&!"?(,%%&
P'*+-&"1&;(0(;)(2*(&;(&"%5("%&;("*,1&!"#+-#',('&G(?%-.,&K'-(8&S-&0+&"15'%&)7'*1,%A&i@+&;%(&'3'/&)+ & ).-',%8&o%1-&#("*,'-&(L'5%"('F+&(/.-16%'&01$1,%-.,&'7-'*(&)1@&.#,.*%,('&K.-',1-1%&2%&0'#+&/'&7%&?+)%*&#+&
;'#(.%&'3'&k9&K7%"*(-(&C1$1,%&.@)(,/+&;+)*,',('&.,0%"%%&2%&!"#+-#',('&-(?%-.,3&2%&"15'%&S-(&;(0(;)()#8& 2%:'&!"0(;-%"%*&#1&/,(0"%#%(&5%)%1"('3&)(&/'&#.51"%#'&?-.,%.)1-1%&P'*+&;(,%7(,%#8
I#153&%1@%*(&7,'*(3&!6%&/.%&0()*+%"1%&1"'&0%"&*'%"(-(&0(&#',(&"1&):'&5'%&)#,%)&"%#+%(,%&;4"+&'#158& N1/(,"'*.,1-&).-',&/'&;-(#'&-'&P'*+-&;(,%7(,%#3&1"0(&/'&;,%5%&@%"(#1/4"*',('&2%&/'&7%&!"'%"*'*&#'&
I#(')*+&*'%"+&6%:.&!5;+,*+2()#&#1&!"/.%,('&P'*+-1%3&'&o%1-1%&2%&'&K74"*1-1%&C1$8 `%1&5%0%"&7'7',/&@%"(!"6(-()3&#(-&5'%&5%#&!"&?,'08&C1;+&5%-%',0(&0(&'"%3&o%1-&5'5',&/'&1,#'3&*,(';*+&
a & 0'*+ & ;( & '"3 &-15(' & 01$1,%-., &'-@( & ()*( &#."/.#'*+ & 0( &K74"*' &P,(%5( & '& 9+54"*1-1% &-' & . &);E"*+& #1&*,(';*+3&;4"+&!"&;,('=5'&H';1-1%&0%/%"8&H4"0&'&*(,5%"'*&#1&@%"(&2%&'#(')*+&(*';+3&/'&%"*,'&!"&H';1-&
8%*1,-$%(&#(&',(&-.#&;(&G1"+8&I#.-.3&*.'*(&01$1,%-(&#1/%.')(&)1"*&!"#."=1,'*(&0(&'"15%6%&!"?(,%&#1&1"& 0%/%"&'-&o%1-1%8
7%,&7-1%0%#3&7+#4"0&0%"&*.6%&1"&5+"1"#$%&0(&01$1,%8&c(;,(F("*'"*1-&P'*+-1%3&0%"&K74"*'&P,(%5(e&'& P(,5("1-&0(&#';&"1&(&=1)*3&!"*,1#4*&"1&()*(&;,.;,%1:F%)&1"&#';3&#%&.&#."01#(,(8&!"&,('-%*'*(3&
9+54"*1-1%3&!"#(;(&-%*1,?$%'&0%/%"+3&'01#4"0&;,%".)&0(&0,'?.)*(&2%&)5(,("%(&T"%#1-1%&C15"(F(18&R"& '#(')*+&K7(,+&0%"&H("*,1-&K7(,(%:G'@.,'*.,&()*(&.&,(1"%1"(&0(&#';(*(3&0(&01$1,%3&0(&o%%&0(&C15"(F(13&
7%"(3&)(&;,.)-+r(2*(&o%1-&#("*,'-&2%&K74"*1-&C1$&0(&;,(*1*%"0("%8&c1?+#%1"('&5("*'-+&.&1,5+,%5&2%&".%& #(%&5'%&(/.-1'6%&o%%&0%"&K7(,':G'@.,'*.,8
!"&?4"03&7%%"0&-(?'6%&0(&!"?(,%3&%',&!"?(,%%&:&0(&K74"*'&P,(%5(&'&9+54"*1-1%8&C1;+&*(,5%"',('&)7%"*(%& K.)%*&!"&H';3&o%1-&/'&!"'%"*'&;,%"&*.'*+&7%-%(,'&o%%-.,&#("*,'-%&0(&C%/%"%*'*(&2%&#4"0&'&'*%")&2%&'%#%&
-%*1,?$%%3&!"?(,%%&#4"*+&!"&#.,&#4"*(#(&0(&'0.,',(&H(-1%&"(/+F1*8&!"&7%"(3&K74"*1-&C1$&@%"(#1/4"*('F+& 1-*%5'&(*';+3&/'&%(2%&0%"&H';1-&0%/%"&2%&)(&/'&!"0,(;*'&#+*,(&;(,%7(,%'&7%"%*1-1%3&1"0(&/'&0(;1"(&1"&
*.'*+&')%)*("6'3&!"&"15(-(&P'*+-1%3&o%1-1%&2%&K74"*1-1%&C1$3&0%"&#',(&2%&S-&()*(&1"1-8&G'&'#(')*+&)74"*+& (L'5("8&C'#+&!-&/'&*,(#(&#1&/,(0"%#%(3&)(&/'&'-+*1,'&#(-.,-'-6%&o,'6%&?-.,%.2%3&#(&7.,5('F+&*,1;1-&
-%*1,?$%(&')%)*+&2%&01$1-&7.)*1-1%&%10(13&#$%"(F3&,.54"&(*#83&*.6%&#46%&'1&0,(;*1-&)+&')%)*(&!"&'#(')*+& ?-.,%.)1-1%&P'*+3&0(/("%"0&0(&'#15&1"&H.-'@.,'*.,&!"&1,%'2'&K'&.;(,+&0(&#."01#(,(&'&*.*&#(&):'&#,('*&
)74"*+&@%)(,%#+&0%"&'*5.)7(,'&7-1%0%#+&'&G1"%%8 ;4"+&!"&'#(-&5.5("*8
I;.%&*.'*+&)17-',('&0(&01$1,%&)*+&!"&*+#(,(&2%&0(.0'*+&)(&'10(&1"&?-')&0%/%"A&B &h+&%1A()#/&0+& !"&,(F15'*3 &`%18&)28', &0(/%"( &`%1&7'7',/ &'#()*'&: &`%1&*+*', &)'1 &>%0%"%*'*(&#("*,'8+/ &!"&7%"(3&
%1A()#/& 0+&%1A()#/& #+#%&02%&)1"*(.%& #24%%%&J(%k9 &T,5('F+&#.51"%#',('&P'*+-1%3&'1F%*+&0(&*.6%& #(%& '#()*'&)(&!"'-6+&!"&?,'0&2%&0(/%"(&?28'A2,'*2,&'8&d'*+81%&4(,%;(,%#9
;,(F("6%3&;("*,1&#+&)1"*(5&1"'&#1&!"?(,%%&2%&K74"*'&P,(%5(&7%%"0&-(?'6%&;,%"&#.,0."1-&7-1%0%#8&H.,1-& C%"&*,1;1-&?-.,%.)1-1%&P'*+&'&;-(#'*&#4"0/'3&!"&".';*('&(*(,"%*+6%%&*,(#1*(3&,(/("%"0&!"&#$%;&0(&
#4"*+&0%"&".1&2%&'#15&)(&'10(&2%&?-')1-&o%1-1%&0(&-'&H("*,18&!"&7%"(3&#.,1-&#4"*+&'&*,(%'&.',+&2%&)74"*'& ?(818+/ &!" & *,1;1- & P'*+-1% & ;(,%7(,%#8 & I & 0(/("%* & H.-'@.,'*.,1- & P'*+-1%Q & ;,%5%"0 & 0( & '#15 & !"'%"*(&
)-1=@+ & )( & *(,5%"+3 & %', & ".% & )1"*(5 & 0()#.,0."%F'6%3 & 7%(#',( & 5(,?4"0 & -' & *,(@1,%-( & ".')*,(3 & ;-%"% & 0(& 4',*%#18(61"1/ & 4',*%#18( & "(1*,( &).)%*( & 0%" & R"7%"%*1- & "(?,1 & )'1 & !"*1"(#'*3 & ;,(?+*%"01:-( & 2% & ';.%&
7(,%#%,(&#+&'5&'1F%*&?,+%"0&;(&P'*+-3&o%1-&2%&K74"*1-&C1$8&G1#,('F+&2%&%1@(2*(&2%&*13&7,'*(3&#'&/("%"0& *,(%5%F4"01:-(&;("*,1&'&7'#(&0%"&(-(&5'*(,%'&R"7%"%*1-1%&-15%".)8
'%#%&)+&7%%&!"*,(&".%3&)+&'1F%&2%&*1&#1/4"*1-&H(-1%&0(&-'&;(,%7(,%'&7%"%*1-1%8 C%" & '#(')*+ & (L;1"(,( & )(/' & !"6(-(?( & #+ & "%#% & %"#.5(")1,'@%-' & K7(,+ & ' &P'*+-1% & ?-.,%.) & "1 & ()*(&
U.5("*1-&'#()*(%&)7%"*(&)-1=@(&()*(&#'-#1-'*&#1&5',(&;,(#%F%(&0(&)'/'"6%%&".2*,%&!"?(,%3&;("*,1&#+& 7.,5'*+&0%"*,:.&)%"?1,+&;(,)."'-%*'*(3&0%"*,:.&)%"?1,+&7%%"6+&:&#+#%&#(&7%%"6+&',&#1;,%"0(&%"7%"%*'&K7(,+&'&
0'*.,%*+&1"(%&(,.,%&):',&;1*('&!"*45;-'&#'&K74"*1-&C1$&)+&7'#+&)-1=@'&2%&,+);1")1-&P'*+-1%&2%&'-&o%1-1%& R"7%"%*1-1%&%"*(,"D&:&#%&0%"*,:.&%"7%"%*'*(&0(&C%/%"%*+6%3&#',(&;,%"&)*,+-1#%,('&G.,3&;,%"&"()74,2%*'&G.,&
)+&"1&)(&'10+3&(-(&'/4"0&-.#&-'&1"&'"15%*&*(,5("&7%L8 !"6(-(;#%1"(&2%&;1*(,(3&7'#&T"'&#1&P.'*(-(3&#.")*%*1%"0&T"'&;,%"&'#6%1"('3&/.%"6'&2%&)%56%,('&-.,8&a&
K74"*' & -%*1,?$%( & ( & !" & -(?+*1,+ & #1 & /.,@%,(' &P'*+-1%8 & a & ')(5("(' & )-1=@+ & 7'#( & 2% & o%1- & !" & K7(,'& 1"%*'*(&;(,7(#*&',5."%#+&2%&%"0%).-1@%-+3&.&1"%*'*(&!"&#',(&!"&/(#%%&/(#%-.,&)1"*&,.@%6%&1"1-&'-*1%'8&
#("*,'-+3&!"&')%)*("*'&0%/%"%-.,&H,('*.,%&0(&'#.-.8&H1&*.6%%3&!"'-*+&.)'"'-(&T"%#1-1%&P'*+&"(/+F1*8 I#(')*+&*.*'-%*'*(&7.,5('F+&o%%"6'&?-.,%.)1-1%&P'*+&(L*(,"8
W\X >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"&?(, W\Y

T"1-&'&7.)*&-'&!"#(;1*3&';.%&0.%&2%3&!"&7%"(3&*,(%8&I#(')*'&()*(&;,%5'&*,(%5(8&C%"&'#()*&5.0()*& -( & '"'-%F(F3 & 0', & "1 & -( & ;,%#(;3 & "1 & -( & ;.* & #."#,(*%F'3 & ;("*,1 & #+ & (-( & "1 & ,+)#.-()# & !" & 5%"( & "%#% & .&
!"#(;1*3&;,%"&(/.-16%'&7,'6%-.,&/("%6%&5(,(1&0%"&R"7%"%*1-&5.,*3&):'&7.,5'*&.&K7(,+&/%(3&-15%".')+3&#',(& #1".2*%"6+3&"%#%&1"&)("*%5("*8&H'&)+&;,%#(;%&.&%0((3&*,(@1%(&)+&.&;.6%&*,'")7.,5'&!"&#(/'&#."#,(*3&;(&
'&*.*&#,()#1*3&!"#4*&'&'=1")&1"&R"7%"%*8&S'&#,(2*(&5(,(1&2%&'F%8&c4"0&;(&,4"03&01;+&.&(/.-16%(&(?'-+&#1& #',(&7%%"6'&*'&)+&.&)%5*+&2%3&)%56%"0:.3&)+&.&;.6%&'"'-%F'3&0(7%"%Q&#'&1,5',(3&)+&.&;.6%&!"6(-(?(8
/(2"%#%'&2%&01;+&#(&0(/%"&;(,7(#6%3&7.2*%%&#.;%%&'%&P'*+-1%&/%"&)+&)(&'-+*1,(&;,%51-1%&-.,&P'*+3&7%%"0&(?'-%& R0(('&*,(@1%(& )+ & '%@+ &1" &(#.1&!" & 7%%"6'&*'3 &)+:6%&;,.01#+ & 1" &)("*%5("*8&C%" &#'1F'Z'#()*(%& )%56%,%&
!"&5+,%5(&2%&#.")*%*16%(&#1&S-3&#."*,%@1%"0&-'&#1#(,%,('&R"7%"%*1-1%&(L*(,"8 0(.)(@%*(3&2%&7(,%#%,('&.'5("%-.,&()*(&0(&0%7(,%*(&"1'"6(&)'1&%"*(")%*+6%8&T"1-&)(&/'&)%56%&7(,%#%*&'1F%"0&
IF%3&'#(')*+&%"7%"%*+&,(1"%1"(&0(&)*,+-1#%*(&C1$1,%&()*(&'*4*&0(&)'/'"*&.,?'"%F'*+3&!"#4*&o%(#',(& #(-(&#.51"%#'*(&'#15&0(&5%"(3&%',&'-*1-3&')#1-*4"01:-(&)'1&#%*%"01:-(3&-(&/'&',1"#'&#4*&#.-.3&;("*,1&#+&
',(&.&'*,%@16%(3&o%(#',(&#."01#(&1"&'"15%*&0(;',*'5("*&'-&#.)5.)1-1%8&P.*1-&(&;,(/+F1*&2%&2*%1*8 "1:%&/.,&7'#(&"%#%&.&;-+#(,(3&@'&#$%',&!-&/.,&;-%#*%)%8&S1&42.%&4,%#(4(&#(('&#(&"1&42.%&)%7.%9&J1&.,%#%"(&
T"%%&;,(;',+&5'*(,%'&/("%*+&0%"&$'.)1-&(L*(,"8&I-6%%&!5;4"F()#&);'6%%-(&#(-.,&;'*,1&1"%/(,)1,%&#1& ;.'*(&!"6(-(?(&.&%0((8&I1*.,1-&#',(&'&(5%):.&!"&-15(&1,5+,(2*(&1"&'"15%*&(7(#*&2%&'&*,%5%):.&#+*,(&1"&
'"15%6%&#1,("6%&"1*,%*%/%8&I-6%%&;(,(?,%"('F+&;,%"&)7(,(-(&#,('*(&2%&#."*,.-('F+&#(-(&.,0."'*(8&I#(2*%'& '"15%*&;1"#*&'-&);'6%1-1%3&#1&.&'"15%*+&0()*%"'6%(8&J15'%&'#(%'&)'1&"15'%&'#(-'&#+,1%'&%:'1&7.)*&
)1"*&.#$%%&P'*+-1%&;(,%7(,%#3&#',(&:&01;+&#15&)(&'7%,5+&:&()*(&'%#%&2%&!"&*.*&-.#1-3&2%&/(0(&*.*1-8&9,%"&S%3& 0()*%"'*(&'#()*(&%0(%&-(&/'&;,%"0(&2%&!"6(-(?(8&R'*+&0(&#(&;("*,1&*.6%&#(%-'-6%&'#()*(&1"0(:%0(%&,+54"&
P'*+-&;(,%7(,%#&2*%(&*.*&#(&)(&;(*,(#(&!"&7%(#',(&#.-6&'-&#,('6%(%&K'-(8 $%(,.?-%7(8
!"&7%"(3&'-6%%&#.51"%#+&!"&#.,3&;(&.&'#(('2%&?'5+3&#1/4"*+,%-(:.,0%"(&,+);4"0%*(&:&01;+&#15&'5& I5&);1)&#+&!"&*,1;1-&P'*+-1%&;(,%7(,%#&(L%)*+&5%-%',0(&%"7%"%*(&0(&01$1,%3&0(&?-.,%.2%&C15"(F(%8&
/+F1*&:&!"&K7(,'&#("*,'-+&2%&-'&N1/(,"'*.,%%&).-',%&2%&;-'"(*',%8 C%"&'#()*&*,1;&0(&P'*+&;.,"()#&#1,("6%&0(&%0(%38!5;4"F%"0&);'6%%-(&#.)5.)1-1%8&T"(-(&01$1,%&0%/%"(3&
I2'0',3 &o.,6'&#."01#+*.',( &).-',+& !5;,(1"+&#1 & #('&;-'"(*',+3&7'# &1"'9 &H("*,1- &(&#.")%0(,'*& #(-1-(-(&P'*+-1%3&(5%*&%0(%&5'% &)%5;-(3&'-*(-(& (5%*&%0(%& 5'%&#.5;-(L(3&#',(& ;',&1".,'&0%"*,(&".%&
"15+,1-&52%]&0(;',*(3&-'&(L*(,%.,1-&)7(,(%&#.)5%#(3&'&7%"%*1-1%3&)(&'7-+&"15+,1-&*,(%/&2%&*.6%&*,(%&:&P'*+-3& %5;.)%@%-&0(&!"6(-()8&C(2%&*.'*(&%0(%-(&)1"*&*,'")5%)(&;(&1"'&2%&'#(('2%&-%5@+&1"%/(,)'-+3&*.*12%&1"(-(&
o%1-&2%&K74"*1-&C1$&:&7'#&!5;,(1"+&o.,6'&*,(%5%#+&0(&-1#,13&#'&*,(%&!"*,:1"1%8 0%"*,(&(-(&#1;,%"0&.&')(5("('&').#%'6%(&0(&%0(%3&!"#4*&"1&;,.01#&(7(#*(3&)%56%,%3&)("*%5("*(3&0(#4*&!"&
C%"&#(-(&(L;1)(&)(&/(0(&#(&0(;',*(&()*(&1"&N1/(,"'*.,&).-',&0(&P'*+-&K+13&S-&7%%"0&!"#+&1"&01$& '"15%*(&01$1,%&0%"&%5(")%*'*('&#,('6%(%8
5%#&!"&?,'03&;(&-4"?+&o%%%&0(&C15"(F(1&0%"&H';1-&#("*,'-&'-&K7(,(%&0%/%"(8&o%%%&0(&C15"(F(1&0%"& S1&42.%&!".(8(-(&#(('&#(&"1&)%7.%9&@("*%7("*18/&)%7.%,('&4,(#(5(&#1-(*',('/&!".(8(-(,('9 &C1$1-&0(&
P+*',3&)'1&H';1-&K7(,(%&#("*,'-(3&)1"*&o%%"6(&0()+/4,2%*(3&')(5("('&P'*+-1%&?-.,%.)3&#(&%:'&#$(5'*& ;%'*,+&#(&'"%5+&(-(5("*1-&#(-&5'%&).-%0&"1&)%5*(&.,%#(3&0',&!"6(-(?(&#(('&#(&)%5*(&#+&)(&;(*,(#(&!"&
.0'*+&-'&/%'6+&0%"&R"7%"%*1-&!"*1"(#'*3&2%&-.#1%()#&'#15&-4"?+&P'*+-&G.,&2%&7'#&1"'&#1&S-3&0%"&*.'*(& =1,1-&)+1&2%&#1&7%%"6'&)'8&S-&!"6(-(?(&"15'%&#(('&#(&'&)%56%*8&C'#+&)(&!"*45;-+&-'&7(-&#1&*.'*(&01$1,%-(&
;1"#*(-(&0(&/(0(,(8&R'*+3&7,'*(3&#(&;(,);(#*%/(&"(&'2*(';*+8&C',&#4"0&/.5&'=1"?(&2%&".%&'#.-.D&R"& 0%" & #.)5.)3 & *,'?(5 & #."#-1F%' & #+ & ;,%5' & .;(,'6%( & 7+#1*+ & 0( & P'*+- & #4"0 & '@).',@( & ;',*%#1-(-( & 0%"&
/(2"%#%'&/%%*.',(8&C.'5"(3&P'*+3&'=1*+:"(&)+&0(/("%5&2%&".%&#4"0/'&H.-'@.,'*.,%%&P+%8&I5%"M R"7%"%*1- & (L*(," & ( & #+ & -( & /%/%7%#+3 & -( & 0+ & /%'6+3 & '0%#+ & 0%" & "()%56%*.',( & -( & 7'#( & )(")%@%-(3 & !" & @(F"'&
2 ? # #
R"7%"%*1-1%&(L*(,"&)(&'7-+&.&5'*(,%(&/%(3&0',&';',("*&5.',*+8&S&/%(3&0',&"1&)%5*(&"%5%#&0%"&'7','&(%3&
"%#%&#4*&)%5*(&01$1-&5%"(,'-&#4"0&)7+,45%&;%'*,'3&#4"0&.&;1%&-'&7.#&)'1&.&0%F.-/%8
C.1+&'@%)1,%&)*'1&7'6+&!"&7'6+A&1"1-&)7(,%#3&-15%".)&2%&;-%"&0(&/%'6+3&2%&'-*1-&%"7%"%*3&!"*1"(#'*&2%& H1&'-*(&#1/%"*(3&!"&R"7%"%*1-&!"*1"(#'*3&!"&=";%"%*186S1&)'1&4&uFz%"r/&#15&%&)(&);1"(&!"&W.$',3&)(&
-%"%2*%*&#'&5.',*('8&!"*,(&(-(&)(&'7-+&o%%"6'&?-.,%.)1-1%&P'*+3&7.,5'*+&0%"&0.1+&7(-1,%&0(&#(-1-(3&1"(-(& '7-+&.&5'*(,%(3&.&)1@)*'"6+3&1"&#(/'3&#',(&:&!"&0(7%"%*%/&:&"1&(&5.,*3&;("*,1&#+&;.'*(&7%&7+#1*&)+&)%5*+3&
4(,7'"("*(&2%&'-*(-(&*(742,',(/&!"&*,(#(,(&#'&.,%#(&#+-+*.,8 )+&0(/%"+&)%56%*.,8
G'&0,(';*'&P'*+-1%3&)'1&#+*,(&%"*(,%.,1-&K+13&)*'1&?-.,%.2%%&K+%&o%%3&#(%&5'%&(/.-1'6%&P'6%&'%&-15%-.,& C(&'%#%&#."#-1F%'&#+&R"7%"%*1-&(L*(,"&()*(&;-%"&#1&1"&7-1%0&"(.,?'"%F'*&;(&#',(&?-.,%.)1-&P'*+&!-&
#,('*(Q&-'&)*4"?'&K'3&)'1&!"&'7','&G1%3&)*+&-15('&"(5%2#'*+3&';',("*&5.',*+8&P'*+-&)'1&?-.,%.2%%&K+%&o%%& *,'")7.,5+&)1@&,'0%'6%%-(&o%%"6(%&K'-(&%"7%"%*(&2%&!%&0+&7'#1-*'*('&0(&'&)%56%8
#."01#&#.)5.)1-8&S%&0%,%=('F+&K7(,'&#("*,'-+8&H1&'0(/+,'*3&'#(2*%&5',%&!"6(-(;6%3&@+*,4"%&!"#+,#'6%&0(& N-.,%.)1-&P'*+&'@).',@(&0%"&R"7%"%*1-&(L*(," &;81%518&!"*1"(#'*/ &)'1&:&5'%&#.,(#*&6&;81%5186"1/&;(&
'"%&#4*&"%)%;1-&5+,%-.,3&'1&'=1")&!"&J%,/'"'&%"0%("%-.,&2%&'#15&7'#&1"'&#1&P'*+-&-.,&2%&'-&".)*,18 #',(&!-&7'#(&1"&;81%565'/&)'1&;81%5&817%"2)9&I#(-&#(/'&#(&(L%)*+&!"&R"7%"%*1-&(L*(,"&()*(&!"*1"(#'*/&1"&
S%&*,%5%*&"()74,2%*(-(&-.,&1"0(:?4"01,%&;,%"&%"*(,%.,1-&!"*,(?1-1%&#.)5.)8&I#.-.&0.5"(2*(&!5;+,+6%'& !"*1"(,%#&0%1/&*,'")7.,5'*&;,%"&;1*(,('&P'*+-1%&!"*,:.&4',*%#18+&817%"2')+/&0%(&2%&)%7.%*2',(9
%0(%-.,&'@)*,'#*(&2%&7(,%#%,('&/(2"%#+8&I#.-.&"1&)(&0()7+2.',+&"%#%&.&'-*+&'#*%/%*'*(3&0(#4* &-E"5%,(9& H1&'#()*(&;',*%#1-(&/%%3&)%56%*.',(&2%&7+#1*(&?-.5(,1-(3&P'*+-&'&15;-1*&#.)5.)1-8&J%#+%(,%&!"&
I#.-.&()*( &RL#(8)%2, &01;+&#',(&.7*('F+&*.6%&o%%%&0(&C15"(F(1&0%"&K7(,'&#("*,'-+&2%&*.'*(&K7%"*(-(& #.)5.)&"1&()*(&!"*1"(,%#8&9()*(&*.*3&;4"+&-'&5',?%"('&(L*(,"+&'&7%"%*1-1%3&(L%)*+&.&5',(&0(&-15%"+3&
C1$1,%&0%"&#(-(&;'*,1&1"%/(,)1,%8&I#.-.&5+&/.%&!"*.',#(&2%&(1&.0'*+Q&#4"0&:&"1&',(&%5;.,*'"6+3&0',&2*%1& -15('&01$1,%-.,&)#+-04"01:)(&!"*,:1"&.#('"&0(&5'*(,%(&-15%".')+8
e)%?1,&#+&'#.-.&/.%&'=1"?(8 C',&*.*12%3&2%&".%3&01$1,%-(3&'/(5&".6%1"('&0(&!"*1"(,%#8&C(&1"0(&'/(5&'#(')*+&".6%1"(3&#4"0&
!"&'7','&*,1;1-1%&N-.,%.)1-1%&)(&!"*%"0(&!"&*.'*(&;+,6%-(&-15('&"(5%2#+,%%&(*(,"(&'&!"*1"(,%#1-1%&2%&'& ;()*(&*.*&/(0(5&#+&(L%)*+&-15%"+D&C(&-'&/.%3&01$1,%&!"*,1;'*(8
5.,6%%8 & g,+"%"01:)( & #1 & '#(')*+ & 5'*(,%(3 & #1 & '#(')*+ & -15( & 5.',*+3 & N-.,%.)1- & . & !"/%(8 & C%/%"1-& [.%&);1"(6%&#+&(&F%&)'1&".';*(3&'/(6%&'#(')*+&".6%1"(&0(&!"*1"(,%#3&#',(&(&1"&7(".5("&')*,'-8&
5+"4"#+Z-15(&5.',*+&2%&;,%"&'#()*&'#*&.&*,(F(2*(&-'&/%'6+8&S-&()*(&H,('*.,1-&'&*.'*(3&S-&()*(&0+*+*.,1-& P,1;1-&/.)*,13&'2'&#15&()*(&(-&#.")*%*1%*3&/+&7'#(&)+&/(0(6%&7(".5("(-(&).-',(&0(&F%&2%&0(&".';*(8&
0(&/%'6+8&!"&%"*(,%.,1-&K+1&(&/%'6+&2%&"15'%&/%'6+8&U.',*(&"1&(L%)*+&"%#+%(,%8&9%'*,'3&-(5"1-3&)*%#-'3& I#15&"1&/(F%3&0(.',(#(&:&F%#%&*1&:&(&!"*1"(,%#3&(&".';*(8&H4"0&!6%&/'&'0.,5%&*,1;1-3&/(%&/("%&%',&)1)&
;%(-(' & : & *.*1- & #1;,%"0( & /%'6'8 &I;'3 & '(,1-3 & ;+54"*1- & : & *.'*( & )1"* & 7+#1*( & 0%" & ;',*%#1-( & #( & '1 & /%'6+& ;,%"*,(&".%&2%&/(%&/(0('&-15%"'&/(2"%#+8
/(2"%#+8&P'*+-&0+&/%'6+&0%"&/(2"%#%(3&%',&#(('&#(&'&!"/%'*&.0'*+&"1&'&5'%&0(F/%'*&"%#%.0'*+8 G15%"'&#('&5'%&);-("0%0+&.&/(0(5&#4"0&"(&0(;+,*+5&0(&;+54"*8&C(;',*(3&1"0(&7-1%01-&(&;1,3&
R'*+&0(&#(&*,(@1%(&)+&)-+/%5&!"&/(#%&;(&P'*+-&".)*,1&0%"&H(,1,%8 ;+54"*1-&)(&','*+&!"&*.'*+&)*,+-1#%,('&)'8&C%"&'#()*(&0(;+,*+,%3&;,%/%"0&-'&;+54"*3&!-&/(0(5&-15%".)3&
I5&);1)&#+&0%"#.-.&0(&o%%"6'&?-.,%.)1-1%&".)*,1&P'*+&)(&'7-+3&!"&R"7%"%*1-&(L*(,"3&#(0'/&;(&#',( 01;+&#15&/(0(6%&/.%&".';*('&G1"'&;(&#(,8&P.'*(&#.,;1,%-(&5',%&)'1&5%#%&'1&-15%"'&-.,3&)1"*&;,%"&(-(&
: 0%"&-%;)+&0(&'-*&*(,5("&;.*,%/%*&/.,@%,%%&/.')*,(&:&-:'5&"15%*&7'*(,%(]&0',&;("*,1&/.%&"1&(&5'*(,%(3 !")(-(&-15%".')(3&%',&?,'6%(&'#()*1%&7';*3&".%3&01$1,%-(3&-(&/(0(58
0(.',(#(&%0(('&/.')*,+&0(&5'*(,%(&)(&-('?+&0(&".6%1"('&-%;)(%&#.5;-(*(&0(&/%'6+8&a,&'#.-.3&!"&R"7%"%*3 J.%&!".*+5&!"*,:1"&.#('"&0(&5'*(,%(&-15%".')+&5'%&)1@*%-+&0(#4*&5'*(,%'&#.,;1-1%&".)*,1&2%&5'%&
)(&'7-+&'#(-&#(0'&#',(&0(2%&',(&';',("6+&0(&5.',*(3&*.*12%&!"&)%"('&(%&',(&/%'6+8 ;16%"&-15%".')+&0(#4*&-15%"'&#.,;1-1%&".)*,1&01$1'-8&I#()*&7-1%0&-15%".)&!5%&0+&;.)%@%-%*'*('&)+&/+0&
T"%%3&5'%&;16%"&#1".)#+*.,%&0%"&-15('&".')*,+3&'1&);1)&#+&!"&'7',+&0(&?-.,%.)1-&P'*+&"1&5'%&(L%)*+& *.*&#(&(L%)*+&!"&);'6%1&2%&)+&/+0&-'&5',%&0%)*'"6(3&0'#+&5+&%F.-(F8
"%5%#Q&#1&'-*(&#1/%"*(3&);'6%%-(&%"7%"%*(&'-(&R"7%"%*1-1%&(L*(,"&',&7%&?.'-(8&I#(')*'&"1&)(&;.'*(&'05%*(3& J.';*(&)'1&!"*1"(,%#&"1&(L%)*+&!"&);'6%13&#%&0.',&-15%"+&/(2"%#+8&!"*1"(,%#&(L%)*+&"15'%&;("*,1&/.%3&
0(.',(#(&#1&'#(-&#(0'&2%&0%"&'#(-&#(0'&?-.,%.)1-&H,('*.,&'&7+#1*&*.*1-8&C%"&"%5%#3&#$%',&P'*+- 0'*.,%*+&*,1;1-1%&/.)*,1&#(&!5;%(0%#+&01$1-&0%"&%"*(,%.,1-&)+13&)+&/'0+&-15%"'&7-1%01-1%&1"%/(,)%#8&a&
: @%"(#1/4"*'* & 7%( &"15(-( & K+1 & : & "1& ',& 7% & ;1*1* & 7'#( & #(/'8 &9,%" &1,5',(3 &!" & '7',' &K7(,(% & *,1;1-1% 0'*+&#(&!6%&/(%&;+,+)%&*,1;1-3&"1&/(%&5'%&);1"(&#+&(&F%&)'1&".';*(3&;("*,1&#+&"%-&/(%&5'%&'/('&.#$%&#',(&
?-.,%.)1-1% &P'*+ & )( & '7-+ & R"7%"%*1-& (L*(,"3 & ;-%" & 0( &#(0' &: & -%;)%* & 0( & -15%"+ & 2%& 5%2#',(3 & #((' & #( & %:' )+:6%&0('&;(,#(;6%'&7(".5("(-.,&(-(#*,%#(&;,.01)(&!"*,(&).',(&2%&;+54"*8&I%#%&/(%&/(0('&#1&*.*&#.,;1-&
0(*(,5%"'*&;(&1"%%&)+&'7%,5(&#+&(&5.,*8&C(&'%#%&%0(('&#+&-15%"'&(&/%'6+&2%&!"*1"(,%#1-&:&5.',*(8 *+1&01$1'-&5'*(,%%-(&2%&01$1,%-(3&0',&"1&;("*,1&#+&',&7%&-15%"'*(&0(&#(/'3&#%&;("*,1&#+&(-(&!")(-(&)1"*&
I#()*('&)1"*&#1".2*%"6(-(&).,@%*(&!"&G1"+&0(&-'&5',%-(&-15%"%&'"?(-%#(&-1"',(&2%&).-',(8&P1&'%& -15%".')(8
'=1")&)+&!"6(-(?%&;4"+&1"0(&*(:'5&-15%"'*&(18&>*%%"6'&5('8&'&'=1")&;4"+&'#.-.&1"0(&;.*&)+&;,%#(;&0(&-'& H4"0&#.@.,&-'&/.%3&/+0&5'%&@%"(&".';*('&0(#4*&F%1'3&;("*,1&#+&F%1'&-15%"'&(-(#*,%#+&"+)#1*+&-'&
1"&!"?(,&-1"',3&%',&#1".2*%"6(-(&)'-(&;4"+&'#.-.&1"0(&'&;1*1*&)+&!"6(-('?+&0(&-'&1"&!"?(,&).-',8 )1;,'7'6'&;+54"*1-1%3&0%"&#.5@%"',('&,'F(-.,&(*(,%#(&'-(&).',(-1%&2%&;+54"*1-1%3&!5%&')#1"0(&-15%"'&
9(&-4"?+&!"?(,1-&).-',&*,(#&'#(-('2%&1"0(:?4"01,%&#'&2%&;(&-4"?+&5%"(3&0',&(-&-(&/(0(&2%&-(&;,%#(;(8& /.')*,+&;,.;,%(8&I#153&#4"0&-15%"'&@(#1-1%&(-(#*,%#&!6%&-15%"('F+&#'5(,'3&*(&/+0&5'%&;16%"&#-',&0(#4*&
S1&"1&-(&'103&%',&#4"0&-(&'103&"1&-(&!"6(-(?3&7%%"0&;("*,1&5%"(&1"&7(-&0(&'-?(@,+&'@)*,'#*+8&G(&;,%/()#3 0'#+&',&7%&!"*1"(,%#8&P(&/+0&-15%".)&"1&"15'%&;(&*%"(3&#%&2%&$'%"(-(&0(&;(&*%"(8&o%(#',(&#.,;&!2%&',(&
-15%"'&2%&#1-.',('&)'&0(.)(@%*+8
W\Z >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"&?(, W\[

C'#+&)(&'2('F+&!"&7'6'&5('&01$&-4"?+&01$3&"1&5'%&/+0&"%5%#&0%"#.-.&0(&(%3&#.,;1-&-.,&01$1'-& ' &'&R"7%"%*1-1%&!"*1"(#'*&'&*,(#1*&0%"#.'#(3&!"&%"*(,%.,1-&K7(,(%&;(,%7(,%#1-1%&P'*+3&'&!"#(;1*&)+&)(&


#.")*%*1%"0& .&@',%(,+&.;'#+8&9,%"*,:1" &.,%7%#%1&,+5') &;(&-4"?+&)'1 &;,%"*,(&(%3&;.*&/(0('&*.*&#(& (& 5%2*(3 &)+ & !"/%(3 & 0(/("%"0&-15%".')+8 & U%2#',('& '& 0'*&"'2*(,( & /%(6%%& 2%& #' & (7(#* &'- & /%(6%%3& '& 1,5'*&
0%"#.-.&0(&(%8&9,%"&1,5',(3&(L%)*+&2%&-'&".%&.;'#%*'*(8&C',&0'#+&"1&;.*&/(0('&#4"0&)1"*&!"#."=1,'*&0(& -15%"'8
01$1,%3&!"&)#$%5@&'10&;(,7(#*3&#$%',&0'#+&)1"*&!5;,()1,'*&0(&.&)7(,+&0(&01$1,%Q&'10&1"0(-(&?4"0%,%%3& C(&'%#%3&%"/(,)4"0&=10(#'*'3&):'&F%)A&!"&R"7%"%*1-&!"*1"(#'*&"(7%%"0&5%2#',(3&"1&(L%)*+&/%'6+8&I#(')*+&
0(&.,%1"0(&',&/("%3&#(('&#(&!")('5"+&#+&(-(&*,(#&;,%"&#.,;1-&01$1,%-.,8 5'*(,%(&7+,+&/%'6+&'&7.)*&'@).,@%*+3&/%/%7%#'*+&2%&';.%&*,%5%)+&H("*,1-1%3&;("*,1&'&7%&;,(?+*%*+3&%',&0(&
C%"*,(&'1F&2%&/+F3&0(01#(5&#+&/+F1-&"(&';',6%"(3&;(&#4"0&'1F1-3&;(,#(;6%'&/.,@%,%%3&'&#1?(*+,%%& '#.-.&:&*,%5%)+&!"&-15(&;("*,1&'&#.")*%*1%&#,('6%'8
).)%*(&0(&1"0(/'3&"1&"(&';',6%"(Q&'0%#+&/.,@%,('3&#1?(*',('3&).)(2*(&)1@&7.,5+Z0(&1"0(:?4"01,%3&%"*,+& [%'6'&)(&@1#1,+&0( &7%3#',(/ &%',&);%,%*1'-%*'*('&:&0( &-E"5%,(9 &K+&"1&)(&1%*(&#+&?4"0%,('&"1&()*(&
!"&5%"(&2%&.&)%5*8&H1&#4*&'#(')*+&)%56%,(&()*(&5'%&;1*(,"%#+3&#1&'*4*&)1"*(5&!"#,(0%"6'6%&#+&"(:'&7.)*& *.*1"'&#1&=10(#'*'8&H,%)*'-1-&()*(&7+#1*&0%"&5%-%.'"(&0(&01$1,%3&#',(&*.'*(&?4"0()#3&0',&"1&;.*&!"#+&
*,%5%)+&0(&1"&01$&5'%&(/.-1'*3&0(&.&7.,6+&);%,%*1'-+&5'%&5',(8 =10(#'8&N4"0%,('&-.,&)(&*,'01#(&;(&!"6(-()1-&/.)*,1&;,%"&#(('&#(&/.%&"15%6%&%")*%"#*9&N4"0%,('&)%5;-+&'&
P.*&#(&()*(&/%1&(&-15%".)&2%&()*(&#1&'*4*&5'%&-15%".)3&#1&#4*&(&5'%&(/.-1'*8 01$1-1%&%"7(,%.,&!-&!"0('5"+&)+&7'#+&'2'&2%&"1&'-*7(-3&7+,+&'&;,.01#(&!"&7.,1-&)+1&%"*(,%.,&1"&;,.#()&
G15%"'&;.'*(&0(/("%&%")*,15("*&0(&;(0(;)%,(&'&01$1,%-.,&,(@(-(3&'&#(-.,&"()1;1)(&.,0%"(-.,&#(&-%& #.5;-(L&0(&?4"01,%&#',(&)+&01#+&-'&.&=10(#'*+8
)(&0'18&C1$1-&,(#'-#%*,'"*&()*(&!"#."=1,'*&0(&.&#('*+&0(&01$1,%&;1*(,"%#(&2%&.,@%*.',(8&G15%"'3&("(,?%'& K7(,'&%"7%"%*+&0(&-'&;(,%7(,%'&7%"%*1-1%&-15%".)&()*(&7.,5'*+&0(&1"&%"7%"%*&"15+,&0(&N-.,%.2%8&S%&
(5%)+&0%"&#.,;1-&-.,3&;,.01#(&.&'"15%*+&*,'")7.,5',(&:&.&)*',(&'".,5'-+&:&!"&#.,;1-&#(-1%&/%"./'*8& *,'")7.,5+&5'*(,%'&!"*1"(#'*+&'&R"7%"%*1-1%&(L*(,"&!"&5'*(,%(&-15%".')+8&C%"&'&7'#&D3&#',(&15;-(&*.*&
C%"&'#()*&5.5("*3&01$1-&,(#'-#%*,'"*&"1&5'%&/(0(&"%5%#Q&'&.,@%*&);%,%*1'-8&J(5'%/+F4"0&"%5%#&!"& %"*(,%.,1-&7%"%*1-1%8&K:',&;+,('&#+&'#(')*+&-1#,',(&()*(&7.',*(&12.',+3&0',&0(&7';*&()*(&.&.;(,+&1,%'2+3&
=1,1-&)+13&()*(&#1;,%")&0(&.&'04"#+&0%);(,',(&2%&)1;-%#%1-&'#()*'&)(&;,(-1"?(2*(&;4"+&#(&01$1-&?,(2%*& "(#1;,%")+&0(&5%"*('&".')*,+3&0(.',(#(&0%"&#(/'&5.,*&*,(@1%(&7+#1*&#(/'&#',(&)+&;'-;%*(3&)+&7%(&;-%"&
#(,( & %(,*',( & 2% & 7+?+01%(2*( & )1;1"(,( & 0()+/4,2%*+ & -(?%-., & 2% & 5'%:5',%-., & )+%8 & J15'% & -' & ;(,);(#*%/'& 0(&/%'6+8&C%"&#(/'&"(5%2#'*3&*,(@1%(&7+#1*&#(/'&#',(&)+&)(&5%2*(&0(&-'&)%"(&;1*(,(3&0%"&#(/'&"(2*%1*.,&:&
'#()*1%&#$%"3&.,%#4*&0(&,(@(-&',&7%&1"&01$3&!2%&,(/%"(&2%&)(&)1;1"(&#'&1"&5%(-8&I2'0',3&(L%)*+&2%&!"&-15('& .&7%%"6+&#',(&)+&/'0+3&)+&'10+&2%&)+&)%5*+&*.*&#(&(L%)*+&!"&=1,1-&)+18&U%"1"('&'#(')*'&:&5%"1"(&2%&
".')*,+&.,@%,(8 ;("*,1&".%&:&#.")*+&!"*,:.&.;(,'6%(&)'/'"*+3&0',&"'*1,'-+&'&N-.,%.2%-.,3&;,%"&#',(&;1"&#(/'&0%"&o%%"6'&
R',&'#153&01;+&1"&.#.-&'*4*&0(&5',(3&*(,5%"&'#()*&#';%*.-3&);1"4"01:6%A&a&0'*+&#(&;',*%#1-(-(& -.,&!"&;',*%#1-' &' &0%"&R"7%"%*1-&(L*(,"3&#(/'&#',(&)+&.&#$(5(&-'&/%'6+3&2%&')*7(-3&0%"&"(5%2#'*+&2%&
$'.*%#(&%"*,+&!"&*,1;1-&?-.,%.)1-1%&P'*+3&/("%"0&!"&#."*'#*&#1&W(%%&0(&'#.-.3&)1"*&;,(7+#1*(3&0(/%"& "()%56%*.',(3&)+&7%(&/%(3&)+&)%5*+&2%&)+&)(&5%2*(8
-15%".')(&2%&)1"*&,(1"%*(&!"&?-.5(,1-(&0(&#4*(&*,(%3&!"#(;4"0&)+&)(&5%2*(8&!"&5%2#+,%-(&-.,&)(&'*%"?3&)(& P,(#4"0&5.5("*(-(&?,(-(&'-(&"'2*(,%%3&5'5'&(&7(,%#%*+&#4"0&)*,4"?(&!"&@,'6(&#.;%-1-&'01)&!"&-15(8&
7,('#+&1"(-(&0(&'-*(-(3&2%&0%"&5%2#',('&-.,&%"*(,"+&2%&(L*(,"+&):'&"+)#1*&/%'6'&2%&-15%"'&-.,8&U%2#',('& C',&#4*&0(&7(,%#%6%&)1"*&?-.,%.2%%&H.-'@.,'*.,%&'%&P'*+-1%3&#4"0&0%"*,:1"&"%5%#3&0%"&#(/'&5.,*3&7'#&#(/'&
-.,&()*(&#'1F'&-15%"%%&2%&'&/%(6%%&-15%-.,3&'&*.*&#(&(L%)*+&!"&)7(,'&#,('*+8Z /%18&!"?(,%%&".2*,%&"(&);1"A&Bo,'6%-.,3&"1&/+&;1*(6%&%5'?%"'&#(&@1#1,%(&)%5*(&C%/%"%*'*('&#4"0&/(0(&
'#(')*+&*,(#(,(&0(&-'&5.',*(&-'&/%'6+8&H(&;,(.#1;+,%&5%"1)#1-(&'/(5&".%&2%&#(&.;(,(&?,'"0%.')(&
)+/4,2()#&S%8E
G'&?,'01-&'=1")3&(/.-16%'&#(,(&)+&"%&)(&0('&#1".2*%"6(&0();,(&*.*&#(&'&#,('*&P'*+-3&0',&(-(&"1&)1"*&
H(-(&*,(%&F."(&'-(&N-.,%.)1-1%&;(,%7(,%# 0(#4*&)%"*(F(&E#."#("*,'*(3&).#.*%"01:)(&#+&!"#+&"1&'/(5&"(/.%(&"%#%&".%&)+&#1".'2*(5&5'%&'5+"1"6%*&
*'%"(-( & #(,(2*%8 &I5 & 7% & 7(,%#%6% & )+ & 2*%5 & 2% & ".% & #4* & 2*%1 & !"?(,%%3 & 0(2% & "%#% & (% & "1 & ;.)(0+ & ;( & 0(;-%"&
:G'&(L*(,%.,1-&-15%-.,&)(&'7-+&4,%7'&`2,.+/&0();,(&#',(&6%:'5&/.,@%*&0(&'*4*('&.,%8 #1".2*%"6(-(&,(7(,%*.',(&-'&*.*&#(&'&7+#1*&9+,%"*(-(&/(2"%#%(%8&J15'%&K74"*'&P,(%5(&).-',+&()*(&;.)().',('&
J1&;,('&2*%5&#15&(&H("*,1-&#,('*.,3&0',&0();,(&K7(,'&;(,%7(,%#+&#1".'2*(5&2%&54%&;16%"8 5',%-.,&*'%"(3&!"&*.'*+&);-("0.',('&-.,8&C',&S'&"1&',(&*%5;&)+&)*('&#1&".%&0(&/.,@+&2%&)+&"(&6%"+&5(,(1&
C();,(&'#(')*+&%"7%"%*+&o.,6+&"%&)(&);1"(&;,('&;16%"3&2%&"(;1*4"0&/(,%7%#'3&-(&#.")%0(,+5&%;.*(F(8& -'&#1,("*&#1&#(-(&#(&)17-(*1-&".)*,1&'/%0&0.,(2*(&)+&#1".')#+8
S1&6%&-(&);1"&6%(&2%&/.%&0()%?1,&-(&/(6%&#.")%0(,'&;','%;.*(F(8&!")+3&1"&-1#,1&(&#(,*A&!"&@;(,'&4(,%;(,%#+& K'/'"6%%&".2*,%&;,.7().,%&"(:'1&5'%&);1)A&BI#()*&5',(&)1@-%5&2%&)74"*&9(,%7(,%#&()*(&7.,5'*&-'&
7'*(,%'&()*(&#('&7'%&)%748+/&%',&#+*,(&%"*(,%2,&5(0%"(&5%"&#(&!"&#(&7'%&#2748(L+&3%&7'%&5(")+9 ,4"01-&K+1 & 0%"&*,(%& K7(,(&#."#("*,%#(& 2%&)1;,';1)(8 & 9,%5'& K7(,+3 &#('& (L*(,"+3&',(&5%)%1"('&0(& '&
J%&)(&5'%&);1"(&#+3&0%"&;1"#*1-&0(&/(0(,(&'-&#.")%)*("6(%3&H("*,1-&)'1&K7(,'&#("*,'-+&()*(&7'6+&0(& '@).,@%&5'*(,%'&'&0%"&R"7%"%*1-&(L*(,"8&I&0.1'&K7(,+&()*(&)(0%1-&1"0(&N-.,%.2%%&;,(7'#&5'*(,%'&5.',*+&
9(,%7(,%(&#'&;%'*,'&7'6+&0(&(*(,1-&#.,;1-1%&5(18&H1?(*1-&'05%*(3&2%&,('-%*'*('&()*(&#+&5'*(,%'&5(,?(&0%"& !" & 5'*(,%( & /%(8 & T,5('F+ & K7(,' & /(#%"+ & #1 & 7%"%*1- & -15%".)3& K7(,' & ' & *,(%'3 & 1"0( & 5'*(,%' & /%/%7%#'*+3&
#."#("*,',(&!"&#."#("*,',(3&0(&-'&5'*(,%'&#('&5'%&7%"+&;4"+&-'&;%'*,'&#+-#'*+&#1&;%#%.,1-&0(&#4*(&.,%& !5@,+#'*+&!"&$'%"'&0%(.%%/&()*(&(01#'*+&)+&)(&5%2*(&!"*,:1"&'"15%*&7(-8&9(&#4"0&-'&!"#(;1*&5%2#',('&(,'&
'5&7.)*&!"*,1;'*8 #."01)+3&1-*(,%.,3&;',*%#1-'&:&#'&2%&#.;%-1-&#',(&!"/'6+&)+&15@-(&:&()*(&-+)'*+&)+&)(&5%2*(&)%"?1,+8&
a51-&)%5;-1&"1&'05%*(&0(#4*&(L%)*("6'&'&#(('&#(&/(0(&2%&)%5*(8&T"&.5&)1;(,%.,&#.")*'*+&#+3&;(& I)*7(-3&0%"&"(/%'6+&'&*,(#1*&!"&/%'6+&2%&#.")*%*1%(&0(&'#15&5'*(,%'&-15%".')+&'&7%"%*1-1%8
-4"?+&(-&2%&!"&(-3&(L%)*+&7%%"6(&%"/%F%@%-(&2%&%")()%F'@%-(&:&".%3&01$1,%-(8&G'&,4"01-&".)*,13&"1&/(0(5&2%& C(&'#153&5'*(,%'&;,(7+#1*+&2%Z&#."#("*,'*+&)(&!"0,(';*+&#+*,(&H("*,1-&#,('*.,3&*,(#4"0&;,%"&)*+,%&
"1&)%56%5&5'*(,%'&;,%5+3&2%&#1&*.'*(&'#()*('&'5&7.)*&7+#16%&0%"&('Q&P'*+-&'&#,('*&0%"&('&*.*&#(&)(&/(0(& 0%"&#(&!"&#(&5'%&0(")(8&9-(#',('&0(&-'&9(,%7(,%(&-'&H("*,1&0+&;',*%#1-(%&/%%&%5;,()%'&;(&#',(&.&'/(5&
2%&"1&)(&/(0(8 #4"0&#.@.,45&0%"&F."(-(&".')*,(&0%'7'"(&2%&*,(#(5&;,%"&)*,'*1,%-(&0%"&#(&!"&#(&5'%&0(")(&'-(&(*(,1-1%&
J.%&#1".'2*(5&51-*(3&0',&#15&)+&/%&-(&7'#(5&#1".)#1*(3&#4"0&"1&-(:'6%&/+F1*&"%#%.0'*+D&U1-*(&"%& 0%"&=1,1-&;+54"*1-1%&".)*,18
):'1&'7%,5'*&0(&!"?(,%3&0',&-(:'5&')%5%-'*&?,(13&0(.',(#(&"1&-(:'5&/+F1*&"%#%.0'*+8&H(&?,(1&!5%&()*(& I=1")+&!"&%"%51&K7(,(%&#("*,'-(3&!"&,(?%1"('&"15%*+&0(&".%&H';&0(&P'*+&#("*,'-3&;(&-4"?+&0%'.'&#(&
!"&5.5("*1-&0(&7'6+&)+:6%&/.,@()#&0(&P'*+-&".)*,1&;(,%7(,%#3&0(&)1@)*'"6'&0%"&#',(&(&'-#+*1%*&2%&5.01-& .&;,%5%)(3&;',*%#1-'&;,%5(2*(&2%&)4%,%*1'8%*'*(/&'0%#+&7'#1-*'*('&0(&'&-E"5%/&)1@&7.,5'&#('&5'%&)%5;-+8&
#15&(&.,?'"%F'*3&#4"0&(1&!")15%&"1&G:'5&/+F1*3&#%&"15'%&G:'5&'1F%*&2%&5%&):'&/.,@%*&0(&S-8 a0'*+&0.@4"0%*+&'#(')*+&7'#1-*'*(3&;',*%#1-'&/%(&)%5*(&1"&;1*(,"%#&%5;1-)&)+&)(&!"*.',#+&-'&H(%&#(&%:'1&
C%" & #(-( & 0()#,%)( & 5'% & !"'%"*(3 & '05%*(5 & -.?%# & #+ & 5'*(,%' & #(' & 5'% & )%5;-+ & 0%" & (*(,"%*'*( & ()*(& 0'*&/%'6+8&C(&'#(('&,(%'&0,151-&#+*,(&9(,%7(,%(3&)*,+@'*(&7%"%*1-&-15%".)3&*,(#(3&#'&;,%"*,:.&)%*+3&;,%"&
7'*(,%'&'&u'8;'r/ &#(&15;-(&R"7%"%*1-&!"*1"(#'*&)'1&(L*(,"8&S'&()*(&'*4*&0(&5%#+&2%&7%"+3&!"#4*&!"?(,%%& #(-( & 0.1+ & K7(,( & %"*(,%.',( & 2% & '=1"?( & !" & K7(,' & (L*(,"+3 & 1"0( & ;,%5(2*( & @%"(#1/4"*',('8 &R &)( & 0+ & .&
".2*,%&"(&);1"A&iC',*%#18'&'&()*(&'*4*&0(&5%#+3&!"#4*&"1&,(;,(F%"*+&"%5%#&;("*,1&/.%E8&C%"&'#()*&5.*%/& '"15%*+&0()*%"'6%(3&!")#,%%"01:)(&!"&('&1"&'"15%*&0()*%"&;("*,1&'&#.")*%*1%&5'*(,%'&"15+,1-:1"1&'&
#'@'-%2*%%&0()#,%%"0&R"7%"%*1-&(L*(,"3&);1"&#+&'#.-.&"1&(L%)*+&"%5%#3&&&äD&&Fz%"&u"1r9 /%%*.',(%&"(@1-.')(8
P.*12%3&;(&@'F'&#(-.,&,(-'*'*(&0(&!"?(,%%&".2*,%3&0(&K74"*'&".')*,+&P,(%5(3&0(&!"?(,%%&).-',%&2%&0(& C(&'#15&;',*%#1-'&7'#(&0%"&".1&0,151-&#+*,(&H("*,13&%',&!"&U'5',&()*(&').#%'*+&#1&'-*(&%"7%"%*(&
N1/(,"'*.,1-&".)*,1&).-',3&(1&'7%,5&#+&'#(-&"%7%#&0(&'#.-.&()*(&1"&#(0'/&%"/%F%@%-&#$%',&2%&01$1-1%&#(& 01$1,%&0(&*.'*(&*,(;*(-(3&#.$.,*(&0(&7,'6%&5'%&5',%3&'/4"0&!"&7,1"*(&#(-(&*,(%&1,%'2(&o.,6(3&K74"*'&
;(,#(;(&(*(,1,%-(&#(-(&5'%&7%"(8&C',&0'#+&"1&(&;(,#(;*%@%-+&".1+3&01$1,%-.,&'-@(3&0()%?1,&#+&5'*(,%'&' & P,(%5(&).-',+8&I;.%&;.,"()#&#1&*.'*(&!"&1"1-&0%"&#(-(&;'*,1&1"%/(,)1,%3&;("*,1&'&#.")*%*1%&.&".1+&
()*( & /+F1*+ & 2%& )%56%*+ & 0( & 5',%-( & o.,6( & #(,(2*% & '7-'*( & !"& #("*,1- & H,('*.,3 & 2%& 5'% & '-()& 0( & G15%"%-(& #,('6%(3&;(&-4"?+&)1*(-(&0(&5%-%',0(&0(&)%)*(5(&).-',(8E
.,@%*.',(&#(&#.5;1"&*,1;1-&P'*+-1%&;(,%7(,%#8 !"&%"*(,%.,1-&1"%/(,)1-1%3&)*(-(-(&)1"*&#'&"%)%;1-&5+,%%8&H(('&#(&'1&0()#.;(,%*&')*,.".5%%&;+54"*1-1%&
C%"&'#(')*+&,('-%*'*(3&0%"&'#()*(&;',*%#1-(&/%%&1"%#1-&P'*+&'&#,('* &7'*(,%'&G\&uA(*'r/ &0%"&#',(&'1& ()*(&"%5%#&;(&-4"?+&#(('&#(&/.,&5'%&'7-'8
0(,%/'*&';.%&,4"0&;(&,4"0&*.'*(&5'*(,%%-(&#.)5.)1-1%8 G15('&".')*,+&)1;(,%.',+&"(&);1"(A&BI%&)+&*,+%(2*%&2%&'%&)+&/(F%&51-*(&;(&-4"?+&#(-(&#(&'%&/+F1*3&
C();,(&5'*(,%'&'&):'&F%)&#+&(&5.',*+3&;("*,1&#+&(&"()%56%*.',(&2%&"1&)(&5%2#+8&a&;,%5+&#."0%6%(&'& #+#% & ;1*(,(' & #,('*.',( & ' &P'*+-1%& : & @%"(#1/4"*'* & 7%( & J15(-( & K+1 & : & ()*( & %"7%"%*+8 & C(?('@' & !6% & 5'%&
/%(6%%&()*(&5%2#',('8&a,&'#()*(&;',*%#1-(&'-(&R"7%"%*1-1%&!"*1"(#'*&"1&)(&5%2#+8&J15'%&#4"0&5'*(,%' 7,+54"6%&5%"*('3&(L%)*+&7.,5(&;(&#',(&"%#%&"1&;.6%&)+&6%&-(&!"#$%;1%&2%&(L%)*+&-(?%&#(&6%&):',&;+,('&
'@)1,0(3&2%&*.*12%3&*.*1-&(&)1@-%53&#+#%&'&;.,"%*&0%"&?4"0%,('&-1%&RL#(8)%2,9k
W\\ >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181%&6&F&521'&#',*( ?271"%#+,%&5%"&?(, W\T

P.*& #( & '1F%5&0();,(& '-*( &-15%& /+& #.51"%#+5& 2%&/.1+3 & %', &/.,@(-(& ".')*,(& )( &*,'")7.,5+& !"& 0(&-'&#("*,13&%',&K7%"*(-(&C1$1,%&#."01#&/%'6'&0(&;(&).,%&2%&;-'"(*(3&2%&#1&*.6%%&!5;,(1"+&:&P'*+-3&o%1-&
-(?("0(3&;,%"&%"*(,5(0%1-&#."2*%%"6(%&/.')*,(8&G'&".%&(&-15('&B/%)1,%-.,&7,15.')(E3&-'&/.%&:&-15('& 2%&K74"*1-&C1$&:&7.,5('F+&T"'3&!"&#(('&#(&;,%/(2*(&';-%#',('&G(?%%3&#',(&()*(&5'%&;,()1)&0(&*.6%&2%&
B,('-%*+6%-.,&*,%)*(E3&0',&#(('&#(&(&/%)&2%&;./()*(&!"&-15('&".')*,+&(&.&,('-%*'*(&!"&!5;+,+6%'&?-.,%.)1-1%& *.'*(8
P'*+&#(,()#8

P.*1-&*,+%(2*(&!"&)4"1-&P'*+-1% N-.,%%-(&);%,%*1'-(&'-(&1"%#1-1%&P'*+&0%/%"

R',&'#153&7,'*(3&.&5%#+&,(#';%*1-',(8 S&*%5;1-&)+&!"#$(%(5&#.51"%#+,%-(&".')*,(8&S)*(&)17%#%("*&;("*,1&/,(51,%-(&;(&#',(&-(&*,+%6%8&!"&
9,%/(2*%&!"&0,(';*'3&!"&)*4"?'3&!"&)1)3&!"&=.)3&!"'%"*(&2%&!"&1,5'&*'3&2%&/(F%&5'*(,%%&2%&7%%"6(&#',(3&!"& ()("6+3&):'&0'*&(L;-%#'6%(&51-*.,&7(".5("(&2%&)%*1'6%%&!"&#',(&)(&?+)(2*(&H,('6%'&!"&)*'0%1-&'#*1'-8&
0(7%"%*%/3&)1"*&#.5;1)(&*.'*(&0%"&;',*%#1-(&;-%"(&0(&/%'6+8&P.*1-&(&/%18 C();,(&*'%"(-(&N"%#181%&):',&;1*('&)#,%(&5%%&0(&#+,6%&2%&*.*&"1&)(&/'&;1*('&,(0'&)(,%'&0(&7(".5("(&
K;%,%*1-&:&!"*,1;'*&)'1&"(!"*,1;'*&:&',&/,('&)+&/'0+&;(&0,'?1-&".)*,1&P'*+3&'2'&#15&*1&/(F%&.51-& ;(*,(#1*(&)(#1"0+&0(&)(#1"0+&!"&=1,1-&/.)*,13&!"&!"*,('?'&)7(,+&#,('*+3&!"&()("6+3&)*',('&0(&7';*&()*(&
!"*,1;'*3& '0%#+&*1&7%%"0& 0(& .& ;',*(& 2%&S-&0(&'-*+&;',*(8&C,'?1-&5(13&'#()*&-1#,1&"1&/'& 7%&;.)%@%-& 1,5+*.',('8
"%#%.0'*+3&!"&/(#%%&/(#%-.,8 G'&;(,%7(,%'&'&*.*&#(&):'&7+#1*&0(&#+*,(&T"%#1-3&0%"&;,%51-&5.5("*&'-&#,('6%(%&K'-(&2%&;4"+&!"&
a0'*+&?-.@1-'&,.2%(&0%"&)4"?(-(&*,1;1-1%&15'"&'&'1F%*&0(&.&7%%"6+&"15%*+&279&!"&0.,%"6'&0(&'&2*%& F%-(-(&'#()*('3&)(&'7-+&#(-(&5'%&)*,+-1#%*(&C1$1,%3&#(-(&5'%&?-.,%.')(&H,('6%%8&S-(&(L%)*+&0(&.&%"7%"%*'*(&
1"0(&)(&'7-+&.51-3&#'&)+:<&/'0+3&'&!"*,(@'*&;(&)1,.,%-(&)'-(&2%&;(&?-.@1-(-(&'-@(&1"0(&.&7%&-.#1%"0&'#()*& 0(&/('#1,%&:&"(#1;,%")(&0(&/,(.&5%"*(&.5("(')#+3&2%&"%#%&#$%',&'"?(-%#+&:&(/.-14"0&!"*,:.&01,'*+&0(&
.53&#'&)+&)(&01#+&'#.-.3&)+&/'0+&#(&7(-&0(&7%%"6+&()*(8 *%5;&%"%5'?%"'@%-+3&0(&.&/(2"%#%(3&0%"&(*(,"%*'*(8
I-+*1,%&0(&?-.@1-'&,.2%(&2%&'-@+3&!"&)4"?(&)(&'7-'&2%&5%#,.@1-8&I#()*'3&'1F%"0&#."/(,)'6%'&?-.@1-(-.,& G'&,4"01-&-.,3&"1&*.'*(&S"*%*+6%-(&?-.,%.')(&'1&'#(('2%&/(#$%5(&2%&0(#%&"%#%&'#(-('2%&7.,6(8&C%"&
)'"?1%"(3&):'&'5()*(#'*&!"&/.,@+&2%&-(:'&);1)A&BJ1&5'%&#+1*'6%&"%#%&1"&.5&0(&#',(&);1"(6%&#+&(&@1"&2%& '#(')*+ & #'1F+3 & '5 & 0%)*%") & *,(% & #'*(?.,%% & 0( & N-.,%.2%3 & 0( & C1$1,% & )1;,(5(8 & T"%% & )1"* & -' & ;(,%7(,%(3&
%1@%*.,8&J1&#,(0&)+&(L%)*(&"%#+%(,%&!"&-15(&'#()*&.5E8 7.,54"0&F."'&(L*(,"+&'&%"7%"%*(%&K7(,(&'&?-.,%.2%-.,&H,('*.,%8&S%&)1"*&/(#%"%&#1&R"7%"%*1-&!"*1"(#'*3&#1&
I*1"#%&*.'*(&?-.@1-(-(&'1&,+);1")&!"&#.,A&BSL%)*+&1"&015"(F(13&'#()*'&()*(&*'*+-&".)*,1&2%&(-3&!"& R"7%"%*1-&1"0(&"1&)(&/(0(&"%5%#3&#1&R"7%"%*1-&1"0(&)(&;',(&#+&"1&5'%&(L%)*+&"%5%#8&I#()*.,'&-(&/.5&0'&
-15('&)'3&)(&"15(2*(&27k9 "15+,1- & F(#(3 & #' & 7%%"0 &?2,2'"' & ?,('.%(% & N"%#181% &7+,+ & "15(3 & )'1 & #1 & "15( &@;E"*/ &"(#1".)#1*&
C',&5%#,.@1-&,+);1")(A&BC'#+&',&(L%)*'&'#()*&015"(F(13&0();,(&#',(&/.%&'6%&'7-'*&#+&)(&"15(2*(& 51-6%5%%8&K;,(&%"*(,%.,&1,5('F+&'&0.1'&K7(,+3&'&0.1'&F."+&0(&N-.,%.2%3&5'%&5%#%&!"&?,'0&0(#4*&H(%&
.53&e0(&#(&"1&',(&(-&5%-+&0(&5%"(&2%&/+&-')+&;(&/.%&)+&5+&54"#'6%DE 0%"*4%3&#',(&!"0(;-%"()#&.&'-*+&#'*(?.,%(&0(&'#6%1"%3&N-.,%.2%&0()(5"'6%&!"&'"15%*(&*(L*(&)'#,(&#1&
!"*,:.&F%3&1"&.5&'&7.)*&#1;,%")&0(&).5"1-&5.,6%%&2%&'&!"?$(6'*8&C1;+&.&/,(5(3&5%#,.@%%&):'1&/+F1*& "15+,1- & ".1+8 & R" & 7%"(3 & !" & %"*(,%., & 1,5('F+ & . & ' & *,(%' & K7(,+ & #."#("*,%#+3 & 5+,?%"%"01:)( & )'1&
'7',+&0%"&*,1;1-&)+1&2%&'#15&'1&F+,%*&.51-3&0',&.&0'*+&#1&(-&'1&.@)(,/'*&5'%&51-6%&.'5("%8&I*1"#%&2%: !"/(#%"4"01:)(&#1&7%"%*1-&-15%".)8&R"7%"%*'*('&0(&01$1,%&#',(&#.5;1"&'#(')*+&'&*,(%'&F."+&0(&)*,+-1#%*(&
'1&F%)A&BH4*+&/,(5(&(,'5&!"&.53&#+1*'5&;(&.5&2%&"1:<&?+)('53&'#15&1%*(&#+&!"&-.#&0(&1"&)%"?1,&.53& o.,6(&0%/%"(&(L(#1*+&.&'-*+&)(,%(&0(&-1#,+,%3&0(&1"&.,0%"&2%&5'%&)#+F1*&0(#4*&;,%5(-(&0.1+8&I#()*.,'&-%&
/(0(5&.&51-6%5(&0(&.'5("%E8 ):',&;1*('&;1"(&"15+,1-&0(&.,0%"(&.;*8
C%"&*.'*(&/,(51,%-(&01$1-&)(&!"*,('@+&2%&0()#.')(&2%&;(&'-6%%&0(&-4"?+&(-A&BT"0(&.&7%&C15"(F(1-& 9(,%7(,%'&#,('6%(% &N"%#181% &#1;,%"0(&*,(%&5',%&#'*(?.,%%&0(&01$1,%3&#(-(&5'%&5',%3&5'%&)1@-%5(3&
".)*,13&9+,%"*(-(&#,('*.,DE&S-&"1&2*%(&#+&)(&'7-+&#$%',&!"&*,1;1-&-1%&C15"(F(18 5'%&;1*(,"%#(&o.,6(&);%,%*1'-(&0%"&*.*&#(&(L%)*+&'F%8&I#()*(&*,(%&#'*(?.,%%&7.,5('F+ &C,%7'&d,(%7(/&
o,'*(3&!6%&'7%,5&#+&".%&*,+%5&!"&'#()*&R"7%"%*3&*,1;1-&-1%&C15"(F(13&*,+%5&#1&*.6%%&!"&#$%',&o%%"6'&-1%& C,%7'&`2,.+/&C,%718&d,%1"-$%/&#(&#."01#(&-15%-(&(L%)*("*(&2%&#,(('F+&;(&#(-(&/%%*.',(8
C15"(F(18&C();,(&#4*&0(&5',(&()*(&S-&"1&"(&;1*(5&7'#(&"%#%&5+#',&.&%0((&;'-%0+8&S13&*13&".%&*.6%3& F&521'&d,(%7(/ &'&0.1'&5',(&#'*(?.,%(&0(&C1$1,%3&)1"*&H(%&#(&7.,5('F+3&!"&@-.#3&K7(,'&0%/%"+8&
)1"*(5&"%5%#1,%&7'6+&0(&;-'"(*'&1"0(&*,+%58&C',&;+54"*1-3&7'6+&0(&).',(-(&!"&=1,1-&#+,1%'&)(&,.*(2*(3& SL%)*+&2%&'%#%&.&%"7%"%*'*(&0(&C1$1,%&#,('*.',(8&K:'&';-%#'*&2%&!"&K7(,'&0%/%"+&;,%"#%;%1-&0%/%F%1"%%&
()*(&#'&.&)+54"6+&0(&5'#&7'6+&0(&1"&;(;("(&/(,0(8&o'6+&0(&)*('1'&I"*',()3&5+,(61-&".)*,1&K.',(&()*(& 51"#%%3&2%&'%#%&(L%)*+&.&%(,',$%(&!"&)4"1-&#+,(%'&0%)*%"?(5&*,(%&5',%&*,(;*(A&H(%&0(&-'&#("*,1-&K7(,(%&
#'&.&)+54"6+&0(&5(%&7'6+&0(&1"&0./-('#8&S%&@%"(3&1"%/(,)1-&(&;-%"&0(&5%-%',0(&"()74,2%*(&0(&')(5("('& 0%/%"(3&0("15%6%3&!"&@-.#3&?'418&5%0%"&)'1&d+*',18]&H(%&0%"&=1,1-&G.,&'1&#.")*%*1%*&#(('&#(&'5&"15%*&
1,%'2%&'%&#(,1,%-.,3&#'&K.',(-(&".)*,1&2%&#'&I"*',()8&C',&K7(,'&#("*,'-+3&1"0(&)(&'7-+&!5;+,+6%'&o%%-.,&0(& C(#*2,'818]&!"&7%"(3&H(%&0%"&'7','&G.,3&H(%&#(&-'&1"&-.#&'1&#.")*%*1%*&'&*,(%'&;',*(&'&K7(,(%:G'@.,'*.,&2%&
C15"(F(13&5'%&5',(&0(#4*&.,%#',(&0%"&#(-(&;'*,1&1"%/(,)1,%3&#4*&0(&5',(('&7%(D&C',&7%"%*1-&-15%".)& #+,(%'&%:'5&0'*&"15(-(&0(&J'7',&)'1&FA527("9
#(&#1;,%"0(&!"*,(?1-&#.)5.)D&>%3&!"&7%"(3&K7(,'&?-.,%.)1-1%&P'*+3&;',(&!"#."=.',+&-'&;(,%7(,%(&'#()*&7%"%*& 9(&#4"0&!"&P,(%5('&N-.,%.2%-.,&;(,%7(,%#%&H(%&)1;(,%.,%&(,'1&!"&'7',+3&!"&'&0.1'&P,(%5(&0(&C1$1,%&
-15%".)3&-'&,4"01-&(%&#4*&0(&5',(&.&7%D&U%"*('&!6%&)*+&!"&R.#&2%&"1&;.'*(&#1;,%"0(3&"1&;.'*(&)+:2%& #,('*.',(3&H(%&)1;(,%.,%&)1"*&-'&#("*,1-&K7(,(%&#,('*.',(3&%',&H(%&5'%&5%#%&!"&?,'0&)1"*&-'&;(,%7(,%(3&
%5'?%"(F(&#4*&0(&5',(&()*(&'#(')*+&K7(,+3&'#()*&P,1;&'&-1%&C15"(F(13&!"&#',(&;-1*()#&#(-1-(-(&K'-(3& 7%%"0&'2(F'6%&%"/(,)&0(#4*&!"&K7(,'&;,%5(%&P,(%5%8
5%-%',0(&0(&#.,;1,%&#(,(2*%8 C'#+&'5&;1"(&"15+,1-&0(&.,0%"(&%(,',$%#&2%&'%#%3&'5&0'&".*'&2';*(&H(-.,&0%"&H';3&2')(&:&H(-.,&
C.'5"(3&9+,%"*(3&5',%&'1&7.)*&7';*(-(&P'-(3&)1@-%5(&'1&7.)*&#."#(;6%%-(&P'-(8&R',*+:"(&#+&".%3&7%,(& 0%"&9(#*.,'-&2%&#%"#%&:&H(-.,&0%"&U'5',8&!"&"15+,1-&)'1&".*'&%(,',$%#+&#%"#%&"1&%"*,+&0(#4*&#(-(&0.1+&
0(&;,'7&;%(,01*(&!"&R"7%"%*1-&P+13&P(&#+1*+5&)+&*(&;,.)-+/%58 ;,%5(&#'*(?.,%%&0(&C1$1,%&5'5',(3&'0%#+&H(%&#(&0();(,7(#*'1&)'1&7+#('1&%5;(,7(#*(&);%,%*(-(:#.;%%&2%&
C%"&#(-(&);1)(3&'%&!"6(-()3&7,'*(3&#+&*.*1-&()*(&);%,%*3&*.*1-&()*(&7.,5'*&"15'%&0%"&01$1,%8&P.*'-%*'*('& H(%&#(&-(&0(F/.-*'1&;1*(,('&0(&'&7%&)1;12%&2%&!"6(-(?+*.,%&'&#(('&#(&/.,&'1F%&2%&/(0('&!"&-15%-(&#,('*(8
#(-.,&5'%&)'/'"*(&2%&5'%&;1*(,"%#(&C1$1,%3&'&#(-.,&5'%&%1@%*.',(&o%%"6(3&7.,5('F+&K7(,'&;(,%7(,%#+3&#(& T,5+*.',(-(&*,(%&*,(;*(&0(&>1$1,%&`%%&5(&>17"(M(1&)'1&?,('*2,%&'%&K7(,(%:G'@.,'*.,&#.")*%*1%(&'&
"(&!"/(-(2*(&;(&*.6%&2%&#+,(%'&/.%&!%&F%#(6%&C15"(F(1&P'*+-8 *,(%'&d,(%7(&0(&)*,+-1#%*(&C1$1,%&0%/%"(8&S-(&/.,&7%&".*'*(&#1&"15(,(-(&;'*,13&*,(%&2%&0.%8
N"18&'&7.)*&-'&!"#(;1*3&N"18&):'&"+)#1*&0%"&;1-@(,('&$'.)1-1%&%"7%"%*8&J%#%&.&;1*(,(&5("*'-+&"1&/'& !"&7%"(3&!"&#'*(?.,%'&"15+,1-&1"13&)1"*&H(-(&#(&#,(('F+&"(@1-.')(-(8
;1*('&%5'?%"'&1"&"15+,&0(&1"%*+6%&0(&'"%:-15%"+&#',(&)+&"(&';,.;%(&0(&'#('&(*(,"%*'*(3&#4"0&N"18&):'& I2'0',&(L%)*+&*,(%&P,(%5%3&#',(&7'#&".1+&,'"?1,%&0(&o.,6(&#,('*.',(3&%',&'&F(#('3&#('&5'%&0(&=.)3&
,%0%#'*&0%"&-15('&*+#(,%%&0(&5.,54"*&2%&'&7,%?1-1%&5.,6%%&2%&'&0(/("%*&/%18&I#()*1%&N"1/&'#()*1%&C,%7 & -1#,('F+&-'&#."#("*,',('&7'*(,%(%&4,%7(/&;("*,1&'&7.,5'&0!"&('&!"#(;1*1-&".%-.,&-15%&5'*(,%'-(8
!"*,(&;,%5%%&/(2"%#%(%3&"(&!"#$%"+5&2%&!-&)-+/%53&#+#%&;,%"&0,'?.)*('&K'3&;,%"&;1*(,('&K'&"(:'&#$(5'*&;(& 9,%5' & P,(%5( & ()*( & K7(,' & N-.,%.2%-.,3 & K7(,' & ?4"0%,%% & #(-(% & 5'% & )1@-%5(3 & K7(,' & @+*,4"%-., &P'6%&
*.6% & -' & /%'6+ & 2% & 'F% & 7.,5+5 & #1 & *.6%% & K7(,' & *1*1,., & #,('6%%-.,8 &IF%3 & '#(- &N"1 & C,%7 &()*( & ;%(,01* & !"& );%,%*1'-%8&K7(,'&#("*,'-+&()*(&-15('&o%%-.,&0(&C15"(F(13&K7(,'&#,('6%%-.,&7-1%0%#(&2%&'&01$1,%-.,8&R"&
%"7%"%*'*('&N"1,%82,&?28'A2,'*2,%/&'7-'6%&!"&=1,1-&K+13&2%&#1&*.6%%&7.,5('F+&K7(,'&?-.,%.)1-1%&P'*+&0(&-'& 7%"(3&#(-(&;'*,1&1"%/(,)1,%&#.")*%*1%(&-15('&#,('6%%-.,&5'*(,%'-(&:E'&).,%-.,3&#.5(*(-.,3&;-'"(*(-.,&(*#8&
;(,%7(,%(8 :&-15('&K7%"*(-.,&C1$1,%8&!"&-15('&'#(')*'&"1&-.#1%(2*(&"%#%&1"&o%1&0(&C15"(F(13&H."01#+*.,%%&
P.'*(&01$1,%-(&:&0(&-'&5%#&-'&5',(3&0(&-'&01$1-&;%(*,(%&;4"+&-'&K7%"*(-(&C1$1,%&'-(&5%-%',0(-.,&0(& ).,%-.,&2%&;-'"(*(-.,&7%%"0&*.6%&K7%"*(&C1$1,%3&#1&?,'0(&0%7(,%*(3&01;+&/(#$%5('&-.,8
;-'"(*(&2%&)*(-(3&0(&-'&o%%%&#("*,'-%&2%&;4"+&-'&?-.,%.2%%&P'6%&;(,%7(,%#%&:&*.6%&#4"*+5&2%&'01#(5&)-'/+& C'#+&!"&0(#1,)1-&'#()*.,&#.51"%#+,%&N1/(,"'*.,%%&).-',%&'1&7.)*&0("15%6%&o%%&0(&C15"(F(13&'5&
H(-1%&#(&):'&"+)#1*&2%&"1&'&'/1*&5',*.,&;(&"%5("%&!"&R"7%"%*8&I#()*&T"1&'&7+#1*&';.%&;(&o%%%&K+%3&%',&o%%%& 7+#1*:.&;("*,1&'&!"/(0(,'&?,'01-&G.,&)1;(,%.,&7'6+&0(&N1/(,"'*.,%%&;-'"(*',%3&#',(3&!"&0(7%"%*%/3&*.*&
'1&7+#1*&K74"*1-&C1$8&N-.,%.2%%&P'6%&)1"*&-'&;(,%7(,%(3&o%%%&0(&C15"(F(1&)1"*&!"&K7(,'&#,('*.',( K7%"*(&C1$1,%&)1"*3&0',&;(&.&*,(';*+&(/.-1*%/+&%"7(,%.',+8
WTU

W*%#,+*),&+)9+/M'%

R1@%*(&#%*%*.,3&5+&/.%&)%-%&)+&7'#&1"&,(F15'*&#$%"*()("6%'-&'-&#(-.,&(L;1)(&!"&'#()*&*,'*'*8&P(&,.?&)+&
5+&%(,6%& 0'#+&"1&/.%&;1*('&)+&!"2%,&!"&5.0&"(!"*,(,1;*&7(".5("(-(&#(,(2*%&;(*,(#1*(&!"&/(2"%#%'&
*,(#1*+&2%&;,%"&#',(&):'&'=1")&;4"+&-'&#,('6%'&'#*1'-+8
C%" & #(-( & (L;1)(3 & ):' & /+F1* & #+ &*.*1- &' & ;,./("%* &0%" & R"7%"%*3 & 0%" &$'.)1- &;-%" &0( & ;',*%#1-( & /%%3&
;',*%#1-(&0(&/%'6+8&C(&'#.-.&'1&;.,"%*&2%&;.,"()#&2%&'F%&;(&0,151-&(/.-16%(%&/(2"%#(&'#()*(&/%(*+6%&
%"%5'?%"'@%-&0(&5%#%3&);(,(6-E"51,%&"15%*(&%5(%&)'1&#10E"*9
a0'*+3&#4"0/'3&!"&(*(,"%*'*('&*,(#1*+3&R"7%"%*1-&(,'&;-%"&0(&;',*%#1-(&"15'%&0(& 1"& )%"?1,&7(-8&
[(2"%#%%&;()*(&/(2"%#%%&'1&*,(#1*3&2%&0%"&#'1F'&0()%5%%&-.,&):'1&;,.01)&'*%"?(,%&2%&7,(#+,%&!"*,(&(-(8&C%"&
'#(')*+&#'1F+&):'&"+)#1*&!"&)4"1-&-.,&.&5%2#',(&#(&'&'01)&#1&)%"(&.&#."2*%%"6+3&.&0%'.+&'&-.,&;,.;,%(3&0(&
"'*1,+&(-(#*,%#+8
I=1")+&!"&'#()*&)*'0%13&;',*%#1-'&):'&@1#1,'*&0(&'-*(&7.,6(&2%&'&'/1*&.&'-*+&)%*1'6%(&7'6+&0(&)(5("(-(&
(%8&S'&*,(#1&0%"&;,%5'&)*',(&:&"(1*,+/&!"&#('&0(&'&0.1'&:&4')%0+9
C1;+&.&/%(61%,(&(?'-+&%',&#1&.&/(2"%#%(3&;,.#()1-&;(*,(#1*&!"&;,%5'&#'*(?.,%(&0(&;',*%#1-(3&#(-(&
"(1*,(3&):'&0(,1-'*&5'%&0(;',*(3&%',&("(,?%'&"+)#1*+&!"&%"*(,%.,1-&;',*%#1-(%&):'&(L*(,%.,%F'*&0(&'#(')*+&
0'*+&)1@&7.,5'&1"(%&;.,6%1"%&%"7%"%*&0(&5%#%3&0%"&!")+2%&)1@)*'"6'&#(&.&7.,5'8&I#(')*+&;',*%#1-+&'/('&
2%&('&/%'6+&2%&7.,6+&(-(#*,%#+&!"&('8&P.*'-%*'*('&'#()*.,&;',*%#1-(&'&#.")*%*1%*&1" &;81%5/ &. &()(".+/ &.&
#$%"*()(".+/&#',(&#%,#1-'&;,%"*,(&;',*%#1-(-(&"(1*,(&0%"&#',(&):'1&"+)#1*8
C%"&'#()*&5.5("*3&;',*%#1-'&$'.*%#+&'&*,(#1*&!"*,:1"&".1&)*'0%13&'&0(/("%*&'#*%0+9&G'&.&/,(5(3&!"&$'.)&
)(&?+)('1&:&2%&)(&?+)()#&2%&'F%&:&*,(%&#'*(?.,%%&0(&;',*%#1-(A&"(1*,(/&4')%0(&2%&'#*%0(9
S-(&)(&0(.)(@('1&2%&)(&0(.)(@()#&!"*,(&(-(&01;+&'#*%/%*'*('&-.,3&01;+&?,'01-&-.,&0(&)(")%@%-%*'*(&2%&
5'%&'-()&:01;+&;1*(,('&-.,&("(,?(*%#+8&9(&#4"0&4',*%#18'&"(1*,+&(&.&7%%"6+&#',(&*,+%(2*(&2%&#1?(*+&!"&
7.,1-&(%&%"*(,%.,3&0',&"1&)%5*(&2%&"1&2*%(&"%5%#&0(&(L%)*("6'&-15%%&0%"&;,('=5'&(%3&4',*%#18'&4')%0+&'&
0(/("%* & . & /%(*'*( & #',(3 & ;( & -4"?+ & '*,%@1*1- & /%(6%%3 & ',( & #."2*%%"6' & #+ & 5'% & (L%)*+ & 2% & . & '-*+ & -15( & !"&
/(#%"+*'*('&(%8
!"&7%"(3 &4',*%#18'&'#*%0+ &"1&"15'%&#+&)%5*(3&#1?(*+3&'10(&2%&/(0(&-15('&!"#."=1,+*.',(3&0',&'&
'=1")&-'&?,'01-&0(&':2%&(L*(,%.,%F'&?4"01-3&,(#(;6%."'*&2%&!"6(-()&0(&;',*%#1-(-(&;')%/(8
G'&!"#(;1*1-&!"#(;1*1-1%3&.&;',*%#1-+&'#*%/+&'&0(/("%*&#."2*%("*+&0(&".';*('&'04"#+&2%&*+#(,('&0(&
5.,54"*&#(&0.5"('&!"&%"7%"%*'*('&R"7%"%*1-1%3&2%&)(&"+)#1&!"&)4"1-&(%&0.,%"6'&0(&'&#$(5'&-'&#."2*%%"6+&
2%&-'&/%'6+&'#*%/+&2%&;(&)(5("(-(&(%8&U%%&2%&5%-%.'"(&0(&'"%3&('&)*,%?+&#1&?-')1-&?4"01-1%&#+*,(&'@%)1,%-(&
R"7%"%*1-1%8
C1;+&.&B/,(5(E3&!"#+&.&;',*%#1-+&!2%&,(/("%&0%"&).5"1-&#(-&0(&/(#%3&2%&'1F%"0&?-')1-&#$(5+*.,&'-&
;,%5(%&)'-(&)1,.,%3&;.,"%&#+*,(&('&2%&%&)(&'-+*1,+8&I)*7(-3&0%"*,:.&1"%*'*(&):'&"+)#1*&.&51'8%*'*(9
C(&'#153&!"*,:1"&#.,3&'54"0.1+&!2%&#$('5+&%',+2%&)1,.,%-(3&5%%&2%&5%%&0(&)(#.-(3&#4*&"%)%;1-&5+,%%8
!"&7%"(3&.&'&*,(%'&;',*%#1-+&'&0(/("%*&#."2*%("*+&0(&#$(5',('&#(&)(&7+#('&;()*(&'04"#1-&!"*1"(#'*&2%&,(#(&
'-&'@%)1,%-.,3&2%&/("%&2%&('&)+&)(&'-%;(')#+&#(-.,&0.1+&)1,.,%3&7.,54"0&')*7(-&4,%7'&*,%"%*'*(9&I#(')*'&'&
7.)*&;,%5'&F%&'&#,('6%(%8
R',+2%&)(&!"2%,+&5%%-(&2%&5%-%.'"(-(&0(&)(#.-(3&2%&%',+2%&1"'&#4*(&1"'&0%"*,(&;',*%#1-(-(&'#*%/(&/%"&)+&
)(&'-%;(')#+&0(&;,%5'&P,%"%*'*(3&!"&/(0(,('&1"1%&)#.;&#.51"&2%&'#*%/%*+6%%&#1&);.,&;("*,1&,(0(2*(;*',('&
)1,.,%-.,&0%"&'04"#1-&$'.)1-1%3&#(&;+,('1&#+&01#&.&/%'6+&5.',*+8&!"&7(-1-&'#()*'&)(&7.,5('F+&#1&*%5;1-&
.&)7(,1-+&0(&7%%"6(&$'.*%#(3&.&/')*+&').#%'6%(&0(&;',*%#1-(&/%%8&I#()*'&'&7.)*&!"#(;1*1-&7.,5+,%%&@;(,(%&
Q82,%23%82,&5%0%"%9
I#(')*'&'&7.)*&F%1'&'&0.1'&'&#,('6%(%8
U(,(1&).)('1&;',*%#1-(&/%%3&2%&0(&#15&/("('13&)(&2%&'-%;('1&#(-.,&;,((L%)*("*(8&N1&*%5;1-3&1"(-(&
;',*%#1-(&:&#(-(&0%"*4%&:&'1&*,(#1*&0(&-'&;(,%7(,%(&-'&#("*,1-&)7(,(%8&I%#%3&);'6%1-&7%%"0&5'%&-',?3&'1&;1*1*&
)+&)(&5%2*(3&)+&/%@,(F(&5'%&!"&/.%(&2%&0%"&'#(')*+&#'1F+&):'1&)%56%*&5'%&7(,%#%*(I1F%"0&0(&'#()*&-1#,13&
;',*%#1-(-(&0(&-'&;(,%7(,%(&'1&/("%*&;(&,4"0&-'&#("*,13&;("*,1&'&/(,%7%#'&2%&)%56%&2%&(-(&'#(')*+&)("F'6%(3&
%',&!"&-.#1-&-.,&)(&'-%"%'1&#(-(&#(&).)('1&5(,(1&0%"&R"7%"%*8
9',*%#1-(-(&'01"'*(&-'&#("*,1&):'1&'?-1*%"'*&!"*,:.&)7(,+&#("*,'-+3&#.")*%*1%"0&!"#(;1*1-&5.0()*&'-&
)7(,(%&0("15%*(&%5;,.;,%13&@;(,'6?'4&5%0%"9
9(&5+)1,+&#(&)(&5+,('&K7(,'&#("*,'-+3&#$%',&0(&-'&!"#(;1*1-&7.,5+,%%&)'-(3&'&!"#(;1*&)+&)(&,.*(')#+&
!"&=1,1-&;,.;,%1-1%&)+1&#("*,18&C%"&'#(')*+&#'1F+&):'&"+)#1*&.&7.,6+&0(&'@).,@6%(3&#',(&'&7+#1*&#'&
'-+*1,%&0(&;',*%#1-(-(&'#*%/(&:&).)%*(&5(,(1&)+&#.")*%*1%(&#(-(&0.1+&?,1;+,%&:&)+&7%(&'@).,@%*(&2%
WTV >%"&*'%"(8(&0%(.%%&3%&'8(&1"%0(,)181% N8*%718&7(1&#10E"* WTW

;',*%#1-(&#(&)(&-+)'1&#."/%")(&)+&7%(&#$(5'*(3&'*,')(3&'0%#+&).)('1&2%&;',*%#1-(&;')%/(8&S-(&*,(#('1& C%"&0()#,%(,('&5('3&):',&;+,('&#+&1"(-(&;',*%#1-(&$'.*%#(&'1&(/.-1'*3&#1*,(%(,4"0&;,%"&?'5'&
;,%"*,(&;',*%#1-(-(&K7(,(%&;(,%7(,%#(&2%&)(&'01"'1&!"&=1,1-&K7(,(%&0("15%*+&H';&0%/%"3&7.,54"0&#1& "()74,2%*+&'&)*+,%-.,&0(&(*(,1,%&2%&01$1,%3&%',&'-*(-(&'1&)*'*&"15'%&-'&9(,%7(,%(&)'1&-'&H("*,1-&#,('*.,3&!"&
/,(5('&.&'&0.1'&)7(,+&:&#."#("*,%#+&#1&#('&0%"*4%&:&0("15%*+&J'7',9 ,('-%*'*(3&*.'*(&;',*%#1-(-(&#(&'1&#.")*%*1%*&K7(,'&N-.,%.2%-.,&2%&K7(,'&C%/%"+3&,4"0&;(&,4"03&'1&;.,"%*&
C%"&#'1F'&7(-1-1%&0(&'#*%/%*'*(&%"*(,"+&'&7%(#+,(%'&0%"&;',*%#1-(-(&#(&7.,5'1&H';1-&0%/%"3&(-&)(& 0%"&K7(,'&-.,&,();(#*%/+&2%&'1&%"*,'*3&;(&,4"03&!"&#%#-1-&(/.-16%(%&"()74,2%*(8
#.5;.,*+&!"&*.*'-%*'*('&)'&#'&.&7.,6+&(-(#*,%#&;.F%*%/+3&%',&*.*'-%*'*('&;',*%#1-(-.,&#(&7.,5'1&U'5',1-& IF%3&K7(,'&N-.,%.2%-.,&#1;,%"0(&*.*&#(&;.'*(&7%&5'%&)1@-%53&#'&.&1-*%5+&7'F+&0(&;,(F("*3&#(-&5'%&
)(&5'"%7()*'13&!"&@-.#3&(-(#*,%#&"(?'*%/8 !"'-*&)*'0%1&'#*1'-&'-&(/.-16%(%&7+,+&0(&)74,2%*8&9("*,1&'&!"6(-(?(&2%&5'%&@%"(&'#()*&7%"'-&)1@-%53&/.%&
C(&-'&.&/,(5(3&K7(,'&;(,%7(,%#+3&'&N-.,%.2%-.,3&;(&-4"?+&;',*%#1-(-(&'#*%/(&2%&;')%/(3&'&!"#(;1*&)+& );1"(&#+&01$1-:.5&'&(/.-1'*&.&/(2"%#%(&2%&'&'=1")&:&01;+&#(&'&;(,(?,%"'*&;,%"*,:.&)(,%(&0(&;-'"(*(&0(&
'*,'?+&0%"&R"7%"%*&2%&;',*%#1-(&"(1*,(3&*,%5%64"01:-(&-'&#("*,13&1"0(&'1&7.)*&.,4"01%*(&!"*,(&H';&2%& 0%7(,%*(&?,'0(&0(&(/.-16%(&:&-'&?,'01-&0(&!"?(,&;-'"(*',8
U'5',3&7.,54"0&.&'&*,(%'&)7(,+3&0("15%*+&C(#*2,'89&I#(')*+&'&*,(%'&)7(,+&)(&5'"%7()*+&0%"&;1"#*&0(& H1&'#()*&?,'03&(-&'&*,(#1*&0%"&;-'"(*+&!"&;-'"(*+3&;,%"&*.'*(&?,'0(-(&;,%"#%;'-(&0(&;-'"(*(3&2%&'&
/(0(,(&(-(#*,%#&#'&7%%"0&"(1*,+8 '=1")&N1/(,"'*.,&;-'"(*',8
!"&'#()*&)*'0%1&)(&?+)('&.&)7(,+&5',(&-'&(L*(,%.,&:&K7(,'&;,%5%-.,&N-.,%.2%3&!"&5%=-.#1-&#+,(%'&)(& H4"0&'&*(,5%"'*&2#.'-'&#."01#(,%%&1"(%&;-'"(*(3&'&7.)*&;,.5./'*&-'&,'"?1-&0(&!"?(,&).-',3&2%3&
'7-'&.&)7(,+&5'%&5%#+3&7.,5'*+&0%"&*,(%&;+,6%A&H';1-&0%/%"3&P.,'#(-(&2%&I@0.5("1-3&J+)#+*.,1-&)'1& *,(#4"0&0%"&).',(&!"&).',(3&'&'=1")&N1/(,"'*.,&).-',8
U'5',1-8&!"&'")'5@-13&'#()*(%&)7(,(&%"*(,"(&%&):'&0'*&"15(-(&0(&K7(,+&0%/%"+3&H("*,1&0%/%"&)'1&K7(,+: C,151-&(/.-16%(%&)(&#."*%"1+&!"&/(2"%#%(8&N1/(,"'*.,1-&).-',&/'&#."01#(&.&)(,%(&0(&).,%3&*,(#4"0&
G'@.,'*.,8 ;,%"&*.'*(&?,'0(-(&;,%"#%;'-(&0(&).,%&'-(&#(-.,&;'*,1&1"%/(,)1,%3&#4"0&/'&7%&*,(#1*&#'&7'#*.,&H,('*.,&!"&
I#(')*'&'&7.)*&F%1'&'&*,(%'&'&#,('6%(%8 K7(,'&0%/%"+8&I%#%3&S-&/'&7%&1"&5.0()*&G1#,+*.,&0%/%"3&#,('*.,&0(&7-1%0(&7%F%#(8&I;.%3&H.")*,1#*.,&0(&
!"*,:.&7'F+&1-*(,%.',+3&01;+&5%%&2%&5%%&0(&/('#1,%3&o.,6(-(&/%%&'-(&G'@.,'*.,1-1%&'1&7.,5'*&0%"& 7-1%0(&;)%$%#(3&/'&*,(#(&;,%"&(*';(-(&0(&H,('*.,&0(&7.,/%%3&C%/%"%*'*(&#,('*.',(&0(&7.,/%);%%&2%3&!"&7%"(3&
;',*%#1-(-(&/%%&).)%*(&5(,(1&0%"&R"7%"%*&. &7'*(,%(&0%(/ &#',(&'&7.)*&(-%5%"'*+&!"&);'6%1-&0%"*,(&K7(,'& H,('*.,&0(&01$1,%3&01;+&#',(&/'&%"*,'&!"&H';1-&0%/%"8
#("*,'-+ & 2% & K7(,' & ;(,%7(,%#+8 & S' & ' & #.")*%*1%* &4,%718 & ;81%5/ & 4,%718 & (*(,/ & 4,%7' & 7'*(,%(/ &#1 & #',( & !"& C1;+&5%-%.'"(&0(&'"%&0(&(/.-16%(3&/'&*,(#(&0(&'%#%&!"&K7(,'&N-.,%.2%-.,&;(,%7(,%#%3&0(&1"0(&/'&
/(2"%#%'&/%%*.',(&)(&/.,&7'#(&*.'*(3&0(&-'&#',(&/.,&;.,"%&*.'*(&#,('6%%-(8&S'&'&7.)*&2%&()*(&2%&'F%&@'F'& #."01#(&*.*&#(&):'&#,('*&;4"+&'F%8
*1*1,.,&5'*(,%%-.,&2%&01$1,%-.,8 J1&"(&;1*(5&7'#(&"%#%&.&%0((&0();,(&#4*&*%5;&'&*,(@1%*&0(&-'&;,%5'&R0((&0%"&$'.)3&0(&-'&;,%51-&
I#()*&(*(,&'&(/.-1'*&!"&0(#1,)&e0(&.&%"7%"%*'*(&0(&'"%3&2%&0%"&(*(,&'&0(/("%*&1"&)14,'(*(,/&)'1&0%"& H1/4"*3&0(&-'&;,%51-&C15"(F(13&;4"+&'F%8&S&.&/(2"%#%(&"(#1;,%")+&"1&"15'%&0(&5%"*('&.51-1%3&0',&
(*(,&;%M%#&'&0(/("%*&1"&(*(,&4)%$%#9&!"&7%"(3&;',*%#1-(-(&'#()*1%&(*(,&'1&/%@,'*&0%"&#(&!"&#(&5'%&,(;(0(3&'1& "%#%&#$%',&0(&5',%-(&o.,6(&'"?(-%#(8
(/.-1'* & 0%" & #( & !" & #( & 5'% & )1)3 & ;4"+ & -' & 1-*%51- & *(,5(" & '- & (/.-16%(% & -.,8 & C%" & '#()* & )1;,'(*(,& P.*1-&'&;,./("%*&0%"&;',*%#1-(-(&/%%&0%"&R"7%"%*3&*.*1-&()*(&#,('*&2%&/'&7%&#.")*,1%*&2%&!"&/%%*.,&0%"&
1-*,';(,7(#6%."'*3&H("*,1-&#,('*.,&'&7+#1*&5%#'&*,(%5(&"15%*+&51$&)'1&)4%,%*9&I#()*'&'&7.)*&;,%51-&01$3& '#()*(&7%%"6(&/%%3&1-*,'5%#,.)#.;%#(8
;,%5'&7.,5+&);%,%*1'-+&#(&/'&0(/("%&!"&/('#1,%&51$18&5()+0E,3%*/&0',3&*.*12%3&!"/(-%*&)'1&!5@,.@.0%*&!"& P.*1-&'&7.)*&.,?'"%F'*&0(&;,%51-&J1#-(1&0(&').#%'6%(&0%/%"+3&0(&5.0()*'&)7(,+&0(&-'&!"#(;1*8&H1&
#+5+2%&7-1%0%#(8&I#()*'&'&7.)*&51$18&7%"(,'89 /,(5('3&?-.@1-&'#()*'&'&0(/("%*&.&)7(,+&%"7%"%*&0(&5',(3&1"&'0(/+,'*&R"7%"%*8&S'&()*(&K7(,'&N-.,%.2%-.,&
C%"&').#%(,('&01$1,%-.,&5%"(,'-(&2%&0%"&#."0(")+,%&0%"&#(&!"&#(&5'%&;1*(,"%#(3&):'&'=1")&-'&7.,5',('& 0(&-'&5',?%"('&(L*(,%.',+&'&7%"%*1-1%&-15%".)8&IF%3&(L%)*+&1"&;%"%*&#(&;-1*(2*(&!"&)4"1-&1"1%&=";%"%*9
5%"(,'-1-1%8 & U%"(,'-1- & ()*( & . & 5'*(,%( & /%(3 & 7.,5'*+ & 0%"*,:. & ').#%(,( & 0(.)(@%* & 0( & 5',( & 0( & 01$1,%& K7(,'&N-.,%.2%-.,&0%/%"%&2%&!"*,('?'&K7(,+&'&#,('6%(%3&7.,5'*+&0%"&K7(,'&#("*,'-+&#1&#(-(&;'*,1&
5%"(,'-(8&9%'*,'3&.,%#',(&',&7%&('3&0(2%&;',(&"(5%2#'*+&2%&"()%56%*.',(3&!"&,('-%*'*(&()*(&.&5'*(,%(&/%(3&.& 1"%/(,)1,%3&()*(&#."01)+&01;+&".,5(&7%L(3&"15%*(&:(-%9
)15+&%"7%"%*+&0(&/%(*+6%:01$1,%3&#.")*%*1%*(3&!"&1-*%5+&'"'-%F+3&0%"&;',*%#1-(&/%%&/("%*(&0%"&$'.)&2%& !" &7,1"*(' & ".%'"1-1% & 0( &-(?% &)( &'7-+ &:(-(' & ')2#%'.%(% &)'1 & ' &=1A%,%%/ &%', & '"(L' & (% & ()*( &:(-('&
;.,"%*(&;(&0,151-&/(2"%#(%&(/.-16%%8&G'&!"#(;1*&'&7.)*&.&').#%'6%(&0(&01$1,%&5'%&,',(7%'*(3&7.,54"0&1"& (0281.%(%/&#',(&01#(&*.*1-&:&H("*,1-&#,('*.,&2%&)7(,(-(&#,('*(&:&0%"&#(&!"&#(&5'%&)1)3&);,(&;(,7(#6%1"('&
?-.@&7-1%0%#3&.&48'"(*+&(*(,%#+9&I#(')*'&'&7.)*&F%1'&'&;'*,'&'&#,('6%(%8 7+,+&0(&)74,2%*3&);,(&0()+/4,2%,('&!"&/(2"%#%(8
I#(')*+&;-'"(*+&'&*,+%*3&'&(/.-1'*&2%&):'&!"*.,)&-'&H("*,1-&#',(&.&#,(')(8&I%#%&5'*(,%'&(%&'&7.)*&
;,(?+*%*+&;("*,1&'&7.,5'&0%"&('&.&'-*+&;-'"(*+3&5'%&#.5;'#*+3&#1&01$1,%-(3&(*(,1,%-(&2%&)1;,'(*(,1,%-(& &''',$''',$

5'%&#."0(")'*(3& 5'%&#.")%)*("*(&h &48'"(*'&-'M2')+9 &R"&7%"(3&0%"&*,(';*+&!"&*,(';*+&):'&*,(#1*&-'&


48'"(*'&8%#$%5+&2%&';.%&)28%5+9 R1@%*(&#%*%*.,3&0'#+&'5&;1*1*&7'#(&;16%"+&-15%"+&!"&)17-(*1-&*+13&5+&/.%&)%56%&7(,%#%*&#4"0&/.%&7%&
C1;+&#(&'#()*(&;-'"(*(&).-%0(&2%:'1&*(,5%"'*&(/.-16%'&:&#',(3&!"&()("6+3&()*(&,(;,.01#(,('&*1*1,.,& )1)8&C',&0'#+&#(-(&)#,%)(&'%#%&6%&):'1&;+,1*&/%)+,%&)'1&7'"*(F%%3&!6%&#(,&%(,*',(&#+&6%:'5&*1-@1,'*&%0(%-(&2%&
7';*(-.,&'"*(,%.',(3&;-1)&.&7'F+&".1+&:&!"#(;(&;,.#()1-&%"/(,)3&'0%#+&).-%01-&0(/%"(&-%#$%03&'#()*'&:?'F& 6%:'%&;%(,01*&*%5;1-&#1&#%*%,('&'#()*(%&#+,6%8
2%3&!"&7%"(3&?'F1-&)(&;,(7'#(&!"&(*(,3&!"*.,#4"01:)(&-'&H("*,1-&#,('*.,8 !")+3&!6%&'7%,53&!"&7'6'&-1%&C15"(F(13&#+&*.*&#(&'5&)#,%)&"1&(&0(&-'&5%"(&:&#+#%&2%&(1&)1"*&1"&.58&#'&
a;(,'&)(&#."*%"1+&5'%&0(;',*(8&C%"&".1&;-('#+&0%"&K7(,'&#,('*.',(&01$1,%3&(*(,1,%&;)%$%#(&2%& .,%#(&.5&:&#%&)1"*&%0(%-(3&?4"0%,('&#(-.,&0%"&-15('&*+#(,%%3&0%"&-15('&-15%"%%&(*(,%#(8
7%F%#(3&;("*,1&'&7.,5'&0(& '#(')*+& 0'*+&;-'"(*(&1"0(&)+E';',+ &3%&;%%".(&0(-(*'8(9 &9(&#4"0&;,%5(-(& [.,&/("%&01;+&5%"(&'-6%%3&#',(&/.,&)(5+"'&%0(%&2%&5'%&!"'-*(3&;,.71"0(&2%&)1@-%5(8&H(('&#(&":'5&
;-'"(*(&).-%0(&(,'1&;1)*%%3&-%;)%*(&0(&.,%#(&/(?(*'6%(3&;(&'#()*('&!"#(;(&7.,5'&0(&/%'6+&/(?(*'-+3&#',(&-(& ;1*1*&7'#(&(1&/.,&7'#(&1,5'2%%&5(%3&#+#%&'2'&(&-(?('&7%,%%3&-(?('&(/.-16%(%8
!5@,'#+&#1&.&$'%"+&0(&/(,0('6+3&#1&*.*&7(-1-&0(&;-'"*(8&C1$1,%-(&/(?(*'-(&#',(&'"%5+&'#()*(&;-'"*(& !6%&51-615()#&9+,%"*(&#+&5:'%&!"/,(0"%#%*&)+&5+&'#$%*&0(&#(('&#(&01$1-&5(1&'&;,.5%)&!"'%"*(&0(&'&
)1"*&7.)*(-(&01$1,%&5%"(,'-(3&;,.5./'*(&;(&.&*,(';*+&(/.-1*%/+&5'%&,%0%#'*+8 /("%&!"&-15('&*,1;(')#+8&I5%"8
H4"0&*,'%1-&'#()*(%&;-'"(*(&):'&*(,5%"'*3&('&;-('#+&-'&H("*,13&0(&1"0(3&#1&5'*(,%'&)'&;,(7+#1*+&2%&
;,(?+*%*+ & ;("*,1 & . & ".1+ & 7.,5+ & 0( & /%'6+ & ()*( & *,%5%)+ & !" & );'6%13 & ;("*,1 & ' & 0' & "'2*(,( & 1"(% & ;-'"(*(&
'#.;(,%*(&#1&/(?(*'6%(3&0',&'0+;.)*%"0&;(&)1;,'7'6'&)'&2%&,(?"1-&'"%5'-8&!"&7%"(3&!"&#."*%"1',('&'#()*.,&
*,(%&7(-1,%&0(&;-'"(*(&:&01;+&!"*.',#(,('&!"&K7(,':G'@.,'*.,&:&'&/("%*&,4"01-&#,(+,%%&;-'"(*(-.,&#',(3&;(&
-4"?+&;-'"*(&2%&'"%5'-(3&)+&7%(&;.;1-'*(&2%&#1&7.,5(&15'"(8
C1$1-&'&*,(#1*&;,%"&5%"(,'-(3&/(?(*'-(&2%&'"%5'-(3&.@6%"4"0&,'"?1-&0(&01$&15'"8&I#15&
)(&!"#$(%(&'&#%"#('&F%&'&#,('6%(%8
C(&'*1"#%3&K7(,'&N-.,%.2%-.,&#$('5+&5(,(1&;',*%#1-(&/%%&0%"&R"7%"%*&2%&-(&0%,%=('F+&;(&0,151-&#,('6%%-.,8&
J15+,1-&#,('6%%-.,&'&#,()#1*3&7%%"0&#,('*(&5%-%',0(3&)1*(&0(&5%%&0(&5%-%',0(&0(&).,%3&;-'"(*(&2%&)'*(-%6%&'%&
-.,8&P.*'-%*'*('&-.,&#.")*%*1%(&1"%0(,)189&J'2*(,('&1"%/(,)1-1%&!"#$(%(&'&2')('&F%&'&#,('6%(%8
IF%3 & !" & =1,1- & K7(,(% & 0%/%"( & (L%)*+ & ;'*,1 & 1"%/(,)1,%3 & ' & #+,., & *.*'-%*'*( & 7.,5('F+ & 1" & *.* & "15%*&
#2)72)9
C(&'#15&!"#.-.&)(&#."*%"1+&!"&/(#%&(/.-16%'&)'1&'&2';*('&F%&'&#,('6%(%8
5+6.#'$

X 7'9@#'(.&
Y L.&9+/M'%(.&

9cRUI&HIcPS
44 !"#$%&'%()*+,#*-.)#'/#0#1#*&
4X 5-.6+*)R#0#9)(*)-,+*+#
<\ P,1;1-
<s H.,;1-&/%*'-
Vd H("*,(-(&0(&'#*%/%*'*(&'-(&#.,;1-1%&/%*'-
Z[ 5-.6+*)6*('&%(.)$(+)%&.&$%.#(')(*)-,+*+#
X^ o1"#6%%-(&#.,;1-1%&;-'"(*',
[\ 5-.6+*)$-*(.)8#)9-.6+*),&'%(*)(*)-,+*+#
X] S-(.%&(
\d I#*1-&5.,6%%
_q H."#-1F%%
Y4 <+=&9(%(>)/#(?()8#)-9+6(?#()=+@+*+#
_< x10(#'*'&01$1-1%
_X [%'6'&01$1-1%&!"&);'6%1
_^ a#1;'6%'&01$1-1%&!"&);'6%1
^Z _&7'%.+6(.&(
sV I,?15("*(&'01)(&!"&);,%=%"1-&-(?%%&,(!"*,1;+,%%
sv 9,.@(-(&,(!"*,1;+,%%
<qd 9,.#()1-&,(!"*,1;+,%%
<<^ c(?,()%(&$%;".*%#+
4\] I&$%#'+*)-,+*+#
<V< R"7-1("6'&?4"01,%-.,3&0.,%"6(-.,&2%&7';*(-.,&!"&7.,5',('&0()*%"1-1%
<Vs C()*%"1-&#.-(#*%/
<X< H4"0&!2%&*(,5%"+&.51-&(L%)*("6'&*(,()*,+D

I&CaTI&HIcPS
4ZX 5-,+'#9K.#)=#')5&.
<X\ K(&#(,(&*+#(,(&%"%6%'*1-1%
<X_9+54"*1-&()*(&)#("'3&%',&.'5("%%&)1"*&'#*.,%%
<XvH(,1-&*,(@1%(&)+&'%@+&-(?+*1,%&#1&.5("%,('&*,1;(')#+
<Xsa51-&(/.-1('F+&;(&5'%&51-*(&;-'"(*(&2%&)%)*(5(&).-',(&<dV
H.5@%"',('&7-1%0(-.,
<d\ P.*1-&'&;,./("%*&0%"&#."#("*,',('&7-1%01-1%&;,%5.,0%'-
<d_U'*(,%'-%F',('&0%"&P%@(*
<dva51-&'&*,(#1*&;,%"&*,(%&7'F(&!"&(L%)*("6'&)'&;(&9+54"*
<\qC1$1-&!2%&#.")*,1%(2*(&/%%*.,1-&)%)*(5&#(,(@,'-&#."7.,5&0()*%"1-1%&)+1
<\X C1$1-&"1&5'%&,(/%"(&;(&1,5(-(&(/.-16%(%&)'-(
<\\P,(#1*1-&2%&/%%*.,1-
<\^o%(#',(&.5&',(&1"&/(?$(*.,
<\_[%)1-
<^q R0(%&0();,(&#,('6%(
<^V R(,',$%'&#(,(')#+
<^dC(&#(&'&/("%*&;(&9+54"*&5',(-(&N1/(,"'*.,&).-',
<^\H.5@%"',('&2%&')%5%-',('&7-1%0(-.,
<^^S/.-16%'&01$1,%-.,&;-'"(*',(
<^_C%"&#(&()*(&7.,5'*&1"&7-1%0
<^s&&&&&9,(*1*%"0("%&(L%)*+&/%'6+3&0(.',(#(&;,(*1*%"0("%&(L%)*+&5'*(,%(&/%( V_VS*(,1-&5'?"(*%#
<_<&&&&&S/.-16%'&0(&-'&;%'*,+&-'&.5 V_X>#.'-'&01$1-1%&)(&7'#(&;,%"&5(5.,',(&V_\&
<_X&&&&&H%*%*.,%%&?4"01,%-., G(?('&7%F%#+&2%&-(?('&5.,'-+
<_\&&&&&&o.*.?,'7%(,('&("*%*+6%-.,&);%,%*1'-( V__&&&&&G%@(,1-&',@%*,1
<_\&&&&&a51-&*,1;()#&()*(&%")*,15("*1-&("*%*+6%-.,&);%,%*1'-( V_sC.1+&7.,6(&#."#1,+&-'&(/.-16%'&("*%*+6%%&);%,%*1'-(
<__H'1F'&'#*%/%*+6%% VvqU(#'"%)51-&?4"0%,%%&VvX&
<_vH.;%-+,%'&01$1-1% a51-&(&1"&5%#&1"%/(,)
<_sa;(,'&5'*(,%'-%F+,%-., Vv\&&&&&H(-(&5'%&@1"(&-(#6%%&)1"*&#42*%?'*(&;,%"&01,(,%
<vX&&&&&9,.01#(,('&)1"(*(-.,&2%&/.,@%,%%&0%,(#*(&'&01$1,%-.,&<v^&&&&&9+F%,('& Vvs&&&&&[%)(-(
-(?%-.,&'01#(&7(,%#%,(3&!"#+-#',('&-.,&:&"(7(,%#%,( Vs<&&&&&I).#%(,%-(&);'6%'-(
<vvP(5;-1-&2*%%"6(%&#(,(2*% VsdI#*%/%*'*('&01$1-1%&()*(&!")#,%)+&!"&(-
<vsS)*(&;.)%@%-+&(/.-16%'&("*%*+6%%&);%,%*1'-(&!"&H(,3&7+,+&)+&)(&!"*,1;(F(D Vs\K+&)-+/%5&;(&1"%#1-&P'*+&0%/%"
<sVC1$1-:#.;%- Vs^N,'0(-(&);%,%*1'-(&)(&0'1&0%"&;-'"(*+&!"&;-'"(*+&Vss&
<sXc1?+#%1"('&;.'*(&!"-+*1,'&-(?('&0%/%"+D H(-(&*,(%&5',%&'#*(&'-(&/%(6%%&15'"(
<sdR',*+&?,(2('-'&)(5("1-1%&*+1M Xq<&&&&&!5@,+#',('&01$1-1%&#1&2';*(&!"/(-%21,%&XqX&
<s\C();,(&*%5;&2%&);'6%1 H%/%-%F'6%%-(&0(&'-*+0'*+&:&9.*.;1-
<s_[+F1-3&'1F1-&2%&)%561-&01$1-1% Xq^9,(?+*%,('&;("*,1&;-(#',(
<svK#4"*(%'&0%/%"+&()*(&.&1"%*'*(&%"0%/%F%@%-+ Xq_9,.?,()1-&(&#."*%"113&0',&!"&/'-1,%
<ssH,(',('&;,(5(,?+*.,%-.,&01$1,%-., XqvH(-(&*,(%&#'*(?.,%%&0(&01$1,%&X<q&
Vqq!"2*%%"6',('&P'*+-1%&0%/%"&0();,(&*.*&#(&)(&;(*,(#(&!"&#.)5.)&VqV& K.',(-(&:&c'F(-(&#.)5%#(
o.,/%);%%-( X<X G15%"'&2%&#+-01,'&0(&-'&)1;,'7'6'&;+54"*1-1%
VqV&&&&&o.,/%);%%-(&2%&01$1,%-(&):',&;1*('&/(0(' X<\ K;'6%%-(&)1"*&;-%"(&0(&1"0(:?4"01,%
VqdH(%&*,(%&N1/(,"'*.,% X<_&&&Z&R"*1%6%'
Vq\H."01#(,('&9+54"*1-1% X<s P,(#(,('&5'*(,%(%&;,%5(&;,%"&)*',('&7-1%0%#+3&?'F.')+3&-%#$%0+&2%&).-%0+
Vq^ G15('&);'6%'-+&'&9+54"*1-1% XV< R(,',$%'&01$1,%-.,&;-'"(*(%&".')*,(
Vqv p.*(F1-&2%&#.,0."1-&7(,%#%,%% XVX R0(('&()*(&.&7%%"6+
V<X x10(#'*'&2%&;(0(';)' XV\ I0(/+,1-&0(;-%"&2%&'0(/+,1-&,(01)
V<\ a51-&*,1;()#&()*(&%")*,15("*1-&0(&)*10%1&'-&01$1,%-.,&#(,(2*% XV_ H,(',('&;-'"*(-.,3&'"%5'-(-.,&2%&.51-1%
V<_G1#,',('&K7%"*(%&P,(%5% XXq R(,',$%'&!"&-15('&01$1,%-.,&'-@(
V<vI#6%1"('&01$1,%-., XXq U4"1%,('&7-1%0(-.,
VVqU.',*('&);'6%'-+ XXX !"*4%&'&7.)*&#,('6%'&7-1%0%#+3&';.%&#('&).-%0+
VV<N4"0%,(' XX\9,.;'?',('&I0(/+,1-1%
VVVa#1;'6%%-(&01$1,%-.,&!"*,1;'*( XX^o.,5'&#.,;1,%-.,&#(,(2*%
VVXH,(',('&01$1-1% XX_C1$1-&;-('#+&"(2*%1*.,&0(&-'&H("*,1&2%&)(&!"';.%'F+&!"&?-.,%(&);%,%*1'-+
VV\ c.-1-&0,(;*'21-1%3&)*4"?'21-1%&2%&'-&#(-1%:0(:#,(2*(* XXv>*%%"6'&,(/(-'*+&/'&-15%"'&-15('
VV_ H."01#(,('&;.;.',(-., XXsP.*1-&(/.-1('F+
VXq I0(/+,1-&!2%&',(&?,'0(-(&-1% XdV o.,5',('&K7(,(%&0%/%"(
VXq S/.-16%'&%0(%-., Xd^ c(!"*,1;',('&()*(&1"&(L'5("&"(#()',&#.-(#*%/%*+6%%
VXXH'1F'&2%&(7(#*1-&#.,();1"F+*., Xd_ H.")*,1%,('&5%"(,'-(-.,3&/(?(*'-(-.,3&'"%5'-(-.,&2%&'&.51-1%
VXdT,5+,%-(&!"#+-#+,%%&-(?%-.,&#(,(2*% Xds H,('6%'&H("*,1-1%
VX^ o.,5',('&%"%6%'*1-1% X\<S/.-16%'&)(&7'#(&%"0%/%01'-3&0',&2%&!"&#.-(#*%/
VX_ R0(%-(&)1"*&7.,6( X\VH%#-1,%-(&(/.-1*%/(
VXs C();,(&7-1%0( X\dP.*1-&):'&"+)#1*&0%"&;',*%#1-(&$'.*%#(
Vd< >*%%"6'&H(,1-1% X\\I;',%6%'&.51-1%&;(&;+54"*
VdV G1"'8&9-(#',('&0%"&'#()*&)%)*(5 X\^ !"&()("6'&)'3&01$1-&()*(&7.,5'*&0%"&*,(%&;',*%#1-(
Vdd K17(,%"6'&()*(&;4,?$%'&(/.-16%(% X\s G15%-(&)(&#."01#&;,%"&;1*(,('&)1?()*%(%
Vd^S/.-16%'&)(&7'#(&!"&?,1;1,% X^< 9',*%#1-(&/%%&'&6&'8;'/&46&A(*'&2%&z&6&-'7'
Vd_H.)5.)1-&:&#,('6%' X^X !"&H(,&)(&7'#(&*(.,%(3&%',&;(&;+54"*&:&';-%#',('&*(.,%(%&#(,(2*%
Vds U%2#',('&2%&/%'6'&).',(-1% X^\ a,%#(&01$&*,'")5%*(&2%&,(#(;6%."('F+&%0(%
V\< H.")*%*16%'&).',(-1% X^_&&&8&K7(,'&0%/%"+&2%&7'5%-%'&15'"+
V\V EK7(,'&0%/%"+ X^s p.'-'&01$1-1%
V\dC1$1-&15'"&*,(#(&;,%"&5'%&51-*(&7(-1,%&0(&!"*,1;+,% X_XH,('*.,%%&#("*,'-%
V\\K7(,'&0%/%"+ X_dP'*+-&;(,%7(,%#
V\_ 9-(#',('&01$1,%-.,&0(&;(&;-'"(*'&".')*,+ X_v S"1"61,%-(&P'*+-1%3&o%1-1%&2%&K74"*1-1%&C1$
V\s I*,'#*%/1-&2%&(-(#*,%/1-&:&5'?"(*%)51-&2%&(-(#*,%#%*'*(' Xv^ H(-(&*,(%&F."(&'-(&N-.,%.)1-1%&;(,%7(,%#
V^V C1$1-&#1&#(-(&2';*(&!"/(-%21,% XvvP.*1-&*,+%(2*(&!"&)4"1-&P'*+-1%
V^d SL%)*+&);(#%'-%F',(&2%&!"&H(,
V^\ I#*%/%*'*('&0%/%"1-1%&P'*+&#("*,'- XvsN-.,%%-(&);%,%*1'-(&'-(&1"%#1-1%&P'*+&0%/%"
V^s C%7(,%*(&#'*(?.,%%&0(&(*(,1,% Z`4)))W*%#,+*),&+)9+/M'%
Ü&&&&&K#',-'*&C(5(*,()#1&):'&"+)#1*&!"&p1#1,(2*%3&-'&V^&%1-%(&<v_<8
=&&&&&I&'@).-/%*&G%#(1-&U'*(%&p')','@&2%&o'#1-*'*('&0(&>*%%"6(&0%"&p1#1,(2*%8
|&&&&&&G%#("6%'*&!"&2*%%"6(-(&"'*1,%%&2%&?(.?,'7%(3&'&7.)*&0')#+-&-'&-%#((-(&K78&K'/'&2%&N$(.,?$(&G'F+,8
|&&&&&K%51-*'"&#1&.&%"*(")+&'#*%/%*'*(&0(&;,.7().,&2%&;1@-%#%)*3&'&7.)*&?(.-.?&-'&R")*%*1*1-&N(.?,'7%#
|&&&&&'-&c.54"%(%3&,(/%F.,&)*(".?,'7&-'&K("'*3&2%&'&#."01)&,(/%)*'&5(*';)%$%(+&B9&C9&D')5(19
I&51,%*&!"&p1#1,(2*%&-'&<<&.#*.5@,%(&<sd\8
9(&-4"?+&"15(,.')(&5'"1'-(&0(&2*%%"6(&"'*1,'-(3&';+,1*(&!"*,(&'"%%&<s<X&2%&<sVs3&'&;1@-%#'*
-1#,+,%-(A
:h%'.'&5%"#282&5(&72,7E"*&`<sVvbQ
>0&!1!(#2"#324($!25#!6#2Q;J8<RS
>7!&8!$9&#2:32"%;!3#'(2;!$4<=#>#821#2=<#&#$#=$2Q;J88RS
>?#32$4#3!(!25#!6##21#24(!2'3#5!&='('#2Q;J8JR1

I#()*&/.-15&#1;,%"0(&'&;'*,'&(0%6%(3&!"?,%=%*+&0(&N$%1,%&K(-(?('"8
!"#
$%"#&'&
("&)""***@A2%'&
,#"(&-+,',"
.-/01**+2%-'%$*!&3&$-&+2,

&!"$,-%**&3&$****89::*/-%!&%****/.*;*&> 2.*<=8
3%"'?*@ A B C D C E F G C H 1 B I ***$&'*
:J8;K*L<*9;

Vous aimerez peut-être aussi