!"#$#%#&$'()*+,,*$'$-*.

,(**-/*,'01,23#4(*/,

5,6'7,89:9,

!/$/3,;#31/0,
2<=#31/0>4/?)#4,
@59A589A@@99,

B,89:9,
C-$&(0/,

•  !D,=')E<3#-01,
–  F#G,*#&'3,)/&&*,G#3E,
–  H/)"0#&#<7,$#1'7,

•  H"/,3#&/,#I,/J)(/0)7,
–  K(4($*,
–  !'$"*,I#3,(423#%/4/0$,

•  6'3E/$,170'4()*,
–  !3()(0<,
–  C$"/3,(**-/*,
L'$/&&($/*.,$"/,-&M4'$/,#NA<3(1,'22&()'M#0.,)'4/,O3*$,

H/&*$'3,Q:S@8R,U,O3*$,
)#44-0()'M#0*,*'$/&&($/,

P0$/30'M#0'&,L2')/,L$'M#0,Q$#1'7R,

D'0<-'31,Q:S5TR,U,O3*$,*'$/&&($/,G($",*#&'3,)/&&*,
V/0/G'=&/,/0/3<7,*#-3)/*,U,$"/,I'4(&7,$3//,

L#&'3, !D, X#0)?,$"/34'&, F#$,G'$/3,

W&'$,2'0/&,L(, W&'$,2'0/&,HW, X#0)/0$3'$#3, W&/Y,

V/*(1/0M'&,Z3(1, CNAZ3(1, X#44/3)('&, !#G/3,*$'M#0,

L#&'3,(0*#&'M#0,'3#-01,$"/,G#3&1,
c#-,'3/,"/3/, W/ KWhr/
m^2 m^2
500 4380
300 2628
275 2409
250 2190
225 1971
200 1752
175 1533
150 1314
125 1095
100 876
80 701
60 526
50 438
40 350
30 263
20 175
10 88

H"/,;'7,[3/',3/)/(%/*,'00-'&,'%/3'</,:T9,\]48.,#3,:559,^\"3]48?,
•  !'0/&*,'3/,3'$/1,'$,:,E\]48,Q',:_`,/J)(/0$.,:?_,48,2'0/&,(*,'=#-$,899\R,
•  [0,'33'7,(0,$"/,;'7,'3/',</0/3'$/*,:559,^\"3]^\,Q/<,a,^\,b,_@59,^\"3]73R,
^/7,2'3$*,#I,',*#&'3,)/&&,

[<,<3(1.,:99,e4,G(1/, W3#0$,
L(aj_,k59l,

0,1#2/1,9?5,g4,
Qh4(i/3R,

2A$72/,899,e4,
Q;'*/R,,

:85,U,:5@,44,*m-'3/,
!f,1#2/1,5,e4,

[&,=')E,)#0$')$,

[<,=-*,='3*,I#3,*#&1/3(0<,

H"(*,(*,$"/,='*(),1/*(<0,4'1/,$#1'7d,4'07,
#$"/3,1/*(<0*,/Y(*$,
;')E,

@,
 F#G,',*#&'3,)/&&,G#3E*,U,&(<"$,'=*#32M#0,
•  L/4()#01-)$#3*,"'%/, hY)/**,/0/3<7,
',n;'01<'2o,/0/3<7?,, &#*$,'*,"/'$,
X'33(/3*,0//1,$#, X#01-)M#0, W3//, !"#$#0,
'=*#3=,'$,&/'*$,$"(*, ='01, /&/)$3#0, !" !"
4-)",/0/3<7,$#, :?:D,(0,
=/)#4/,I3//,$#, X'33(/3, !"#$#0,
L(&()#0,
)#01-)$,/&/)$3()($7?, /0/3<7,"/3/,
0#$,'&&#G/1, !"#$#0,

•  hY)/**,/0/3<7,(*,&#*$,'*,
"/'$?,,[$,2/'E,#I,*#&'3, D'&/0)/, !" !" #" F#&/, #" h0/3<7,
*2/)$3-4.,8?5,/D, ='01,
Q<3//0R.,'=#-$,@9`,#I,
/0/3<7,&#*$,'*,"/'$?, ;#-01,/&/)$3#0,

j#$,/0#-<",2"#$#0,
/0/3<7,

p-*$,/0#-<",2"#$#0,
/0/3<7,$#,=3/'E, !"#$#0,"'*,/Y)/**,
/&/)$3#0,I3//.,&/'%/*, /0/3<7.,G"()",(*,&#*$,'*,
"#&/,=/"(01, "/'$?,

k, k,
!"#$#0,'=*#32M#0,
h0/3<7,
h0/3<7,

X#01-)M#0,='01, !"#0#0,
X#01-)M#0,='01,
!"#$#0,
6#4/0$-4, 6#4/0$-4,

D'&/0)/,='01, D'&/0)/,='01,

[,$%&'()"*+,,*/4()#01-)$#3,QZ'[*R,
•  X#01-)M#0,'01,%'&/0)/,='01*,&(0/,-2,#%/3,
#0/,'0#$"/3?,
•  [=*#32M#0,(*,'0,/J)(/0$,23#)/**.,'01,$"/,
'=*#32M#0,1/2$",(*,*"'&&#G,
[0"%-$%&'()"*+,,*/4()#01-)$#3,QL(&()#0R,
•  X#01-)M#0,='01,4(0(4-4,'01,%'&/0)/,
='01,4'Y(4-4,'3/,#N*/$,
•  [=*#32M#0,3/m-(3/*,',2"#$#0,'01,',
2"#0#0,Q',&'q)/,%(=3'M#0.,G"()",)'0,=/,
'=*#3=/1,#3,/4(i/1R,
•  [=*#32M#0,(*,'0,(0A/J)(/0$,23#)/**.,'01,
$"/,'=*#32M#0,1/2$",(*,1//2,
•  L(&()#0,"'*,',1(3/)$,<'2,'$,"(<",/0/3<7?,
T,
\"7,2"#$#0,/0/3<7,(*,(42#3$'0$,
!D,"'*,OY/1,*(r/,=-)E/$*,'01,)'0,#0&7,)&'(4,2'3$,#I,$"/,2"#$#0,/0/3<7?,,V/1,2"#$#0*.,G($",&/**,
/Y)/**,/0/3<7.,)#0%/3$,4#3/,/J)(/0$&7,$"'0,=&-/?,

P0)#4(0<,2"#$#0*,

K#*$,/0/3<7,

C-$<#(0<,/0/3<7,

H"/34'&,)#0%/3*(#0,1#/*,0#$,"'%/,$"(*,23#=&/4.,=-$,0//1*,"(<",$/42/3'$-3/,$#,=/,
/J)(/0$?,

P0)#4(0<,2"#$#0*,

F/'$,/0/3<7,
S,
F#G,',*#&'3,)/&&,G#3E*,U,)#&&/)M#0,#I,)'33(/3*,
X'33(/3*,)'0,1#,$"3//,$"(0<*+,
;'1,U,)'33(/3*,&#*$,
:?  V/)#4=(0/,(0,$"/,=-&E,
8?  V/)#4=(0/,#0,$"/,*-3I')/, Z##1,U,/0/3<7,1#/*,G#3E,
a?  Z/$,*G/2$,')3#**,$"/,s-0)M#0.,1#,G#3E,(0,',&#'1?,

jA$72/,Qh6PHHhVR,
f,f,f,f,f,f,f,f,f,f,f,f,f,f, f,f,f,f,f,f,f,f,f,f,f,f,f,f, f,f,f,f,f,f,f,f,f,f,f,f,f,f,
A,A,A,A,A,A,A,A,A,A,A,A,A,A, A,A,A,A,A,A,A,A,A,A,A,A,A,A, A,A,A,A,A,A,A,A,A,A,A,A,A,A, A,A,A,A,A,A,A,A,A,A,A,A,A,A, t/2&/M#0,3/<(#0,

A,
:,
a, !A$72/,Q;[LhR,
8, f, A,
A, f, Q:T9,e4R,
f,

:5@,44,b,:5@.999,e4, :9,
 [,*(&()#0,*#&'3,)/&&,

L(0<&/,)37*$'& ,6-&MA)37*$'&,
 L#&'3,!D,6#1-&/,D'&-/,X"'(0,

Wafer or Distribution,
Poly-Si Ingot Cell Module
Sheet Integration &
Feedstock Production Production Assembly
Production Installation

Mc-Si

c-Si
a9u]\,
Qv59]E<R, a9u]\, a9u]\, a9u]\, a9u]\, v:?59,$#,
v5?99,]\,
:8, v:?59]\,
W3#4,\'I/3,$#,L#&'3,X/&&,

:a,
\'I/3A='*/1,4#1-&/,23#1-)M#0,&(0/,,

:_,
 H"(0,W(&4,$/)"0#&#<(/*,

Technology! Best efficiency
 Module Issues to

(cells, R&D)! efficiency
 resolve!
(Production)!
Amorphous Si! 9%" 6.4%" Efficiency"

Micromorph
 15%" 8.5%" Efficiency, 


(a:Si over uc:Si)! deposition rate"
CdTe! 16.5%" 10.8%" Efficiency"
CIGS! 20.1%" 10.8%" Module efficiency,
yield, throughput"
Organic! 6.7%" 2-3%" Cost, eff., stability"
Third generation! Low" n/a" Many"

H#,)#42/$/,G($",*(&()#0.,$"(0,O&4,4#1-&/*,0//1,,
•  /J)(/0)(/*,(0,$"/,:8A:5`,3'0</,'01,
•  3/&('=(&($7,"(*$#37,$#,=/)#4/,</0/3'&&7,'))/2$/1,(0,$"/,*-22&7,)"'(0?,
:5,
#$%&"'()"*+,-./0"1/.,233"4.5"
1&)!,3MN)O&1D).+'$$)51P)

!"#$%&'%() 4'$(&)!5&-#()
/(01$-%)2*3)
*+(',-,.) 67)

!"#$%&'%() 4'$(&)!5&-#()
*+(',-,.)
/(01$-%)'#$1&#(&) 68)

/(01$-%)#'5:)51,%'5%) 4'$(&)!5&-#()
69)

*"%)%1)!-@(A)BC.()
!"#$%&'%() !;",%)<"$%)=) F-&-,.G)4'D-,'>1,G)HI#1J)
2&('%D(,%)',C)
*+(',-,.) *1,>,"-%?)2($%) KL'5;G)2($>,.)',C)!;-0)
E$1+'>1,)

!"
 7+%&3-/2+)"-2,$&.(.80",.)1+/%3.&"
Silicon! Thin film!
Efficiency (module)! 12-19.5%" 6-11%"
Stable field performance! >30 years" ~15 years"
Market share (2009)! 85%" 15%"
Module cost ($/Wp)! ~ $1.20/Wp" $0.80/Wp (CdTe)"
CapEx cost! $2.00/Wp" $2.00/Wp"
Improvement strategy! Lower cost, 
 Higher efficiency and
higher efficiency" manufacturing volume"
Target markets! All" Large systems,
architectural, 3rd world"
•  #.9+0:3"(+/823-")+/;2-"%3"/23%92&<+("/..=.1>"5$2/2"3%(%,.&:3"2?,%2&,0"+&9"/2(%+@%(%-0"%3"+&"
+9A+&-+82B"
•  CD3-.)2/3"%&"(+/82/"1.-2&<+(")+/;2-3>"3D,$"+3"D<(%<23"+&9"%&9D3-/%+("/..=.13>"+/2",.&32/A+<A2B""
E/%A2&")./2"@0"1D/2",.3-".*"2&2/80>"92)+&9"1/.A2&"/2(%+@%(%-0B"
•  F3"#G"'2(9"12/*./)+&,2"%3"1/.A2&>"-$232")+/;2-3"5%((".12&>"%&,/2+3%&8"-$2"#G")+/;2-"3$+/2B""
H&,/2+329"A.(D)2"5%(("@/%&8"9.5&"#G",.3-3B"
6"
C9#2",2(("3-/D,-D/2"
X+,;",.&-+,-"
#$2"C9#2",2(("D323"+"$2-2/.J
C(JWJCD",.&-+,-"
KD&,<.&"@2-522&"1J-012"C9#2"+&9"
&J-012"C9LB""#$2"@23-"(+@"2?,%2&,0" C9#2"O1J-012T"
%3"!MB!N"OPQRST>"+&9",.))2/,%+(" Y/+%&"@.D&9+/0"
).9D(23"$+A2"2?,%2&,0"%&"-$2" C9L"5%&9.5"
"(+02/"O&J-012T"
)%9J!UN"/+&82B""#$2"$%8$"
Z%8$"/23%3-+&,2"
2?,%2&,0"*./"+"-$%&"'()",2((",.)23" .[%92"
*/.)"-$2",.(D)&+/"8/+%&"3-/D,-D/2>" #CW"
$%8$").@%(%-0>"+&9"3$./-"+@3./1<.&" Y(+33"
(2&8-$B""L12,%+("*2+-D/23"%&,(D92"+"
C9C("-/2+-)2&-"-.",/2+-2"1J-012"
9.1%&8"+&9"%&,/2+32"8/+%&"3%V2>"
312,%+("+&&2+(3"-."82-"+"8..9" L.)2")+-2/%+("1/.12/<23\"
KD&,<.&"+&9"@+,;",.&-+,->"+&9"-$2" X+&9"8+1"!B]"2^"
$%8$"/23%3-+&,2"#CW"-."/29D,2" R(2,-/.&"+?&%-0 "_B6`"2^"
3$D&<&8"-$/.D8$"-$2"-$%&"C9L" F@3./1<.&",.2* "M[!U_a,)bMUU"&)"
(+02/B"" H&92[".*"/2*/+,<.& "I"
7.@%(%-0"O2(2,-/.&T "]UUJ!UUU",)6a^J32,"
7.@%(%-0"O$.(2T"]UJ`U",)6a^J32,"
I"
C9#2"921.3%<.&"
C9#2",+&"@2"921.3%-29"@0"+"&D)@2/".*"1/.,23323>"%&,(D9%&8"31Dc2/%&8>"
2A+1./+<.&>"3,/22&"1/%&<&8>"+&9"31/+0%&8B""#$2").3-"3D,,233*D(",.))2/,%+("
1/.,233"%3"C(.32"L1+,2"LD@(%)+<.&B""#$2"8(+33"3D@3-/+-2"%3"$2+-29"-."MUUdC"
+&9"@/.D8$-",(.32"-."+"@29".*"C9#2"$2+-29"-."M]UJe]UdC"+-"+"1/233D/2".*"
+@.D-"!U"#.//B""S+02/"-$%,;&233"%3"+@.D-"_"f)>"921.3%-29"+-"+"/+-2".*"!J]"f)a
)%&B"

LD@3-/+-2"+-"MUUdC"
#$%3"1/.,233"%3"3%)1(2"+&9"0%2(93"-$2"
3-.,$%.)2-/0"+&9"8/+%&"3-/D,-D/2"*./"
@23-"2?,%2&,0>"5$%,$"%3"5$0"C9#2"-.9+0"
.g2/3"-$2"(.523-"hai".*"+&0"
,.))2/,%+("1/.9D,-B"

C9#2"+-"M]UJe]UdC" H33D23"%&,(D92"3)+((").9D(2"3%V2>"
@2,+D32"8(+33"3.=2&3"+-"MUUdC>"+&9"
,(2+&%&8".*"2[,233"C9#2"%&"-$2",$+)@2/B""

_"
CHYL"3-/D,-D/2"
l&W>"H#W"
CHYL"$+3"-$2"$%8$23-"2?,%2&,0".*" 6]UU"m"
+&0"-$%&"'()",2(("j"6UB!NB""H-"D323"+" C9L"
eUU"m"
$2-2/.JKD&,<.&"@2-522&"1J-012"
CHYL"+&9"&J-012"C9LB""#$2"C9L"%3"
.=2&"1(+-29"%&"+"52-"@+-$"*.((.5%&8" *EQ!"
!J6B]"n)"
921.3%<.&B"

F"@+,;",.&-+,-"%3"*./)29"5%-$"+"-5.J 7."
(+02/"7."921.3%<.&>"-$2"1+%/29" UB]J!"n)"

(+02/3"D329"-."/29D,2"3-/233B" Y(+33>"
72-+("G.%(>"
o(+3<,3"

k&(%;2".-$2/"-$%&"'()",2((3>"-$2"(%8$-"
QB"P.D'>"_-$"iCoRC>"6UUM"
%3"%&,%92&-"*/.)"-$2"-.1"O+3".11.329"
-."-$/.D8$"-$2"3D@3-/+-2TB"

]"
E21.3%<.&" 14 40
12

Metal rate (Å/s)

CHYL"%3"*./)29"D3%&8"+"A+/%2-0".*" Se 30
10

Se rate (Å/s)
1/.,23323B""#$2"$%8$23-"
8
2?,%2&,0"5+3".@-+%&29"5%-$",.J 20
31Dc2/%&8".*"H&>"Y+"+&9"CD"%&"+" 6 In
4 Cu
L2"@+,;8/.D&9>"*.((.5%&8"-$2" Ga 10
921.3%<.&"/+-2"+&9" 2
0 0
-2)12/+-D/2"1/.'(2"3$.5&"-."
-$2"/%8$-B""#$%3"0%2(93"-$2" 610
.1<)D)"3-.,$%.)2-/0"+&9" 600
608
8/+%&"3-/D,-D/2B"

Monitor temperature (°C)

500
606

Temperature (°C)
#$2",.)1.3%<.&"5%(("3.)2<)23" 400 604
@2"8/+929"-.",/2+-2"+"9/%="'2(9" Back of 602
300 substrate
*/.)"@+,;"-."*/.&-B""H&"3.)2" temperature 600
,+323>"%-"%3"*.D&9"-$+-"P+",+&" 200
%)1/.A2"12/*./)+&,2>",.)%&8" 598
2%-$2/"*/.)"-$2"8(+33"3D@3-/+-2" 100
596
./"-$2"921.3%<.&B""
0 10 20 30 40 50 60
Runtime (min)

M"
F)./1$.D3"3%(%,.&",2(("3-/D,-D/2"+&9"1/.,233"
F)./1$.D3"3%(%,.&"%3".&2".*"-$2".(923-"-$%&" F("
'()"-2,$&.(.8%23B""H-".g2/3"+"(.5",.3-",2((>" #CW"
5%-$"2?,%2&,%23"%&"-$2"]JMB]N"/+&82B" &J+\L%"
%J+\L%"
1J+\L%"
#$2"+,<A2"/28%.&"%3"-01%,+((0"IJ]UU"&)" #CW" #2[-D/2"&.-"3$.5&"
-$%,;B""H-"%3"D&9.129>"*./)%&8"+"9/%="'2(9"-."
+,,2(2/+-2",+//%2/3"+,/.33"-$2",2(("O322"@+&9" Y(+33"3D@3-/+-2"
9%+8/+)"@2(.5"/%8$-TB""#$%3"%3"&22929"
@2,+D32".*"-$2"A2/0"3$./-"9%gD3%.&"(2&8-$"
9D2"-."-$2"1../"(%*2<)2B"

#$2"@+&98+1"/+&823"*/.)"+@.D-"!Be]"-."!Bp"
2^>"9212&9%&8".&"-$2"921.3%<.&"1/.,233B"

e"
F)./1$.D3"3%(%,.&"@+&9"8+1"
F"1D/2(0"+)./1$.D3")+-2/%+("5.D(9"&.-"@2"1$.-.J+,<A2B""Z.52A2/>"3$./-J
/+&82"./92/"(2+93"-."+"92&3%-0".*"3-+-23"5%-$"+")%&%)D)>"-$2/2@0",/2+<&8"+"
@+&98+1B""#$2"@+&9"29823"+/2"&.-"3$+/1(0"92'&29>"@D-"$+A2"-+%(3>"+3"3$.5&"
@2(.5B""F"$%8$"92&3%-0".*"3-+-23"%&"-$2"8+1"(2+93"-."-$2"3$./-"(%*2<)2B"

!"#$%&&'(&)(*+&,&-&.,"/0(10/2#02("#$(3#4/#225/#46(78982("#$(!242$8:(3$;( `"
7%,/.)./1$",2((3"
X/.+9@+&9"%&,%92&-"(%8$-"
"Z%8$2/"2?,%2&,0",+&"@2".@-+%&29"D3%&8"
3-+,;29",2((3"5%-$")D(<1(2"@+&98+13B""F"!B`"
2^"@+&98+1"+JL%",2(("+@3./@3"3$./-2/"
5+A2(2&8-$"(%8$->"1+33%&8"-$2"(.&82/" Y(+33"
5+A2(2&8-$"(%8$-"-."+"fCJL%",2(("5%-$"+"
#CW"
@+&98+1".*"!B!"2^B""7./2"3.1$%3<,+-29" +JL%"O!B`"2^T"
923%8&3"+99"+"-$%/9"L%JY2",2(("-.".@-+%&"
(+@./+-./0"2?,%2&,%23"q"!INB" fCJL%"O!B!"2^T"

X+,;",.&-+,-"
"#$%3",.&'8D/+<.&"+993"3.)2"%33D23\"
•  #$2"fCJL%",2(("%3"!J6"f)"-$%,;>"+&9"/2rD%/23"+"
(.&8"921.3%<.&"<)2>"
•  #$2",2((3")D3-"D32"+"(.5"/23%3-+&,2"-D&&2("
KD&,<.&"%&-2/,.&&2,->"+&9"
•  C2((",D//2&-3")D3-")+-,$>"5$%,$")+;23"-$2"
,2(("312,-/+((0"32&3%<A2B"

p"
#$%&"'()"3%(%,.&"921.3%<.&"1/.,23323"
#$2").3-",.)).&"921.3%<.&"1/.,233"%3"
Y+3"%&\""L%Z_"s"Z6"
1(+3)+J2&$+&,29",$2)%,+("A+1./"
921.3%<.&"OoRJC^ET>"+(-$.D8$".-$2/"
)2-$.93"3D,$"+3"$.-"5%/2"C^E"$+A2"@22&" o(+3)+" /*"
D329B""E21.3%<.&"/+-23"+/2".&"-$2"./92/".*"
UB]JI"&)a32,>"5%-$"(.52/"/+-23"1/.A%9%&8"
@2c2/"2?,%2&,0B""Z%8$2/"/*"*/2rD2&,%23"
+/2"3.)2<)23"D329"-."%)1/.A2"-$2"
921.3%<.&"/+-2>"+(-$.D8$"-$%3"(2+93"-."
)./2",.)1(2["/2+,-./"923%8&3"@2,+D32".*"
3-+&9%&8"5+A23B"

#$2"$09/.82&"9%(D<.&",+&",.&-/.("
5$2-$2/"+)./1$.D3"./")%,/.J,/03-+("
3%(%,.&"%3"921.3%-29"O322"8/+1$"-."-$2"/%8$-B""
Z%8$"9%(D<.&"/+<.3"+/2"@23-"*./"fCJL%B"

Z+&9@..;".*"o$.-.A.(-+%,"L,%2&,2"+&9"R&8%&22/%&8>"
SDrD2"+&9"Z2829D3>"R9B" !U"
C.&,2&-/+-./3"

•  C.&,2&-/+-./3"/21(+,2"2[12&3%A2",2(("+/2+"5%-$"(.5",.3-".1<,3"3D,$"+3"
)%//./3"./"*/23&2("(2&323B"

•  F9A+&-+823"%&,(D92"
–  F).&8"(.523-",.3-a5+c"1.-2&<+("
–  Z%8$".D-1D-"*./"(.&82/"*/+,<.&".*"-$2"9+0"

•  E/+5@+,;3"%&,(D92"
–  Y/2+-2/"/2(%+@%(%-0",.&,2/&3"
–  L12,-/+("32&3%<A%-0"5$2&"D3%&8")D(<JKD&,<.&",2((3"
–  #/+,;2/"(%)%-3")+/;2-"-."%&9D3-/0"+&9"D<(%<23>"5%-$"-$2"(+c2/"$+A%&8"3-221"
/2(%+@%(%-0"/2rD%/2)2&-3"
–  G+/"@2$%&9"-$2",.3-",D/A2"
X+3%,",.&,2&-/+-./"+11/.+,$23"

F"*/23&2("(2&3"*.,D323"(%8$-".&-."+"3)+((" F")%//./",.&,2&-/+-23"(%8$-".&-."+"
$%8$"2?,%2&,0"3.(+/",2((B""#$2").9D(2" 3)+(("$%8$"2?,%2&,0"3.(+/",2((B""
,.&3%3-3".*"+&"+//+0".*"(2&323"+&9",2((3" L2,.&9+/0".1<,3",+&"*.(9"-$2".1<,+("
1+-$"-."/29D,2"-$2"3%V2B"
F&"%)1./-+&-"-/+92J.g"%3"-/+,;%&8"+,,D/+,0"A3B",.&,2&-/+<.&"
•  S.5",.&,2&-/+<.&"O*25"-2&3".*"3D&3T"$+A2"$%8$"-/+,;%&8"2//./")+/8%>"+&9"(.5"-/+,;2/"
,.3->"@D-"(233"8+%&"*/.)"D3%&8"$%8$"2?,%2&,0>"$%8$",.3-",2((3B"
•  Z%8$",.&,2&-/+<.&"Oq!UU"3D&3T"/2rD%/23"@2c2/"-/+,;2/>"@D-",+&"D32"@2c2/",2((3"
G(2[%@(2"3.(+/",2((3"
o(D3323"
•  G(2[%@(2"
•  S%8$-"52%8$-"

H33D23" Y(.@+("L.(+/"OCHYLT"
•  S.5"2?,%2&,0"
•  Q2(%+@%(%-0"

F11(%,+<.&3"
•  o./-+@(2"92A%,23"
•  XHo^" GDK%"R(2,-/%,"O+JL%T"
•  C$+/82/3"

k&%3.(+/"O+JL%a+JL%Y2T"
 #$2")2+&%&8".*"2?,%2&,0"
C.&A2/3%.&"2?,%2&,0"%3"+"/2(+<A2"&D)@2/"O%*"-$2"3D&"52/2"6t"@/%8$-2/>"$+(*"-$2"
2?,%2&,0"5.D(9"@2"KD3-"+3"8..9TB"""

C.)1+/2"-."-$2"2?,%2&,0".*"+"52((";&.5&"3.(+/",.&A2/-2/\""+"-/22"

@;C><?<?(A&8.2:(&8,B(
•  !")"9%+)2-2/"@+32>"]UU";8a)I"
•  !Ue"ua;8"0%2(9"OeUN"2?,%2&-T"

<;=><?<@(A&8.2:(/#B(
•  !U")"9%+)2-2/>"!U")"$%8$"
•  6]"02+/3"F7!B]"*./"M"$/3a9+0"
#/22"%3"UB6]N"2?,%2&-"
X23-"o^",2(("%3"_!BMN"O!M_"["-/22T"
X23-"o^"1+&2("%3"6UN"O`U"["-/22T"
P.-2\""F(8+2"+&9"3.)2"1(+&-3")+0"@2"
!J6N"2?,%2&-B"
H92+("2?,%2&,0"(%)%-3"j".&2"KD&,<.&"
W/%8%&+(",+(,D(+<.&"@0"L,$.,;(20"+&9"vD2%332/"OuB"F11(B"o$03B"I6>"]!UJ]!p>"
!pM!TB""F33D)23".&(0"/+9%+<A2"/2,.)@%&+<.&"%&"+&"%92+("32)%,.&9D,-./",2((B""
o/29%,-3"wI!N"*./"3%(%,.&>"I6B`N"*./"Y+F3"b"!"3D&B"
#$2".1<)D)"
@+&98+1"*./".&2"
KD&,<.&"%3"!B_"2^>"
,(.32"-."Y+F3>"@D-"L%"%3"
&2+/(0".1<)D)B"

!"#$%&&'(&)(*+&,&-&.,"/0:6(78982("#$(!242$8:(
15
!"#$%&#'()*(+,-()&.(/$0/(#,&#%&*1)2,&(
•  3*(+,-(#,&#%&*1)2,&(4+%567(*/%(8%)9(%"#$%&#'($:();,<*(=>?(@,1($.%)+(+$0/*(
*1)88$&0A(
•  3*(/$0/(#,&#%&*1)2,&(41$0/*67(*/%(8%)9(%"#$%&#'($&#1%):%:(-$*/()##%8*)&#%(
)&0+%(;%#)<:%(&,1B)+C$&#$.%&*(1)':()1%(B,1%(1%).$+'(*1)88%.7()+*/,<0/(#%++:(
)1%($B81)#2#)++'(*/$&A(

!"#$%%&"''()%*+,-,.#(%+#-/"%0'--12%%345/(.'4%6",(.,7-'1%8%
6"/.9.')%:;+<%6"'11%
1
D<+28+%(E<&#2,&:(#)&(.,(%F%&(;%G%1(
HIJ?()*(K(:<&()&.(HLM?()*(B)N$B<B(#,&#%&*1)2,&7(;<*(1%O<$1%:($&P&$*%(
:*)#9%.(E<&#2,&:A(

2
RKAM?(#,&#%&*1)*,1(#%++(.%:$0&%.(@,1(ST0B7(&,*(UTS(

•  V'8$#)+(#%++(#,&*)$&:(W=J(+)'%1:X(( Source: Spectrolab

•  Y%:$0&%.(@,1(:8)#%7().)8*%.(@,1(#,&#%&*1)*,1:((

Q(
Y%*)$+%.(:*1<#*<1%(,@(/$0/(%"#$%&#'(#,&#%&*1)*,1(#%++(

!N8%&:$F%(#%++7(;<*(:B)++()1%)(B)9%:($*(81)#2#)+(@,1(#,&#%&*1)*,1:A(
R(
Z<&[,-%1(#%++:(
V/%:%()1%(*/%(/$0/%:*(%"#$%&#'(
#%++:(B).%(*,.)'A((V/%'(<:%(
+,#)+$\%.(;)#9(#,&*)#*:(-$*/()(
;)#9(1%]%#*,17()&.(/)F%(&,(@1,&*(
01$.A(

=>%?#1')%+@(6#A'"%0#"7#"/9#(%

^(
Z<&*%#/_:([+<*,(`%++(

[1,#%::(@%)*<1%:(
•  Z%+%#2F%(%B$G%1(
•  a$&%(01$.(+$&%:(-$*/(/$0/():8%#*(1)2,(4%&);+$&0(#+,:%(
:8)#$&0(*,(B$&$B$\%(,/B$#(+,::%:(-$*/(:%+%#2F%(
%B$G%16(
•  b%+)2F%+'(+$G+%()..%.(#,:*(,F%1(#,&F%&2,&)+(81,#%::(
•  KC=?();:,+<*%(%"#$%&#'(0)$&(

!"#$%+B,)%<'(B/$%/(4%C,)%DEEF%GHHH%6I+H0)%6B,-/4'-7B,/%
M(
V1)#9$&0(])*(8)&%+(c()(/';1$.(:,+<2,&(-$*/(W=J?(0)$&(

388+$%.(D)*%1$)+:(Z<&&'F)+%(c(K(DS(

Z<&[,-%1(*1)#9%1:()&.(P%+.()88+$#)2,&:(
V1)#9$&0(])*(8)&%+(,82,&(-$*/(/$0/(%"#$%&#'(
d$0/(%"#$%&#'7():()F)$+);+%(-$*/(B)&'(:$+$#,&(])*(8)&%+:7(B)9%:(*1)#9$&0(
%#,&,B$#)+A((V/$:($:(F$);+%(@,1(8,-%1(:*)2,&()&.(:,B%(#,BB%1#$)+(
)88+$#)2,&:7(1%:<+2&0($&(:$0&$P#)&*(0)$&:A(([,+)1(*1)#9$&0($:(@,<&.(*,(;%(&%)1+'(
):(0,,.():(*-,()N$:(*1)#9$&0A((

J#K$/((%'L>%3->)%DEEM%H@"#7'/(%6I+H0)%I/-'(.,/% 8
D)19%*(:$\%(

+#@".'2%%=>%?#1')%+@(6#A'")%H6G3%DEEF%
[1$#%:(,@(:$+$#,&(B,.<+%:(@1,B(`/$&)(
S)@%1C;):%.(:$+$#,&(B,.<+%:(@1,B(`/$&)()1%(8<e&0(81%::<1%(,&(*/$&(P+B(
*%#/&,+,0$%:(*/)*(*1).%(%"#$%&#'(@,1(+,-(81,.<#2,&(#,:*(

6B#L#(%G(L'"(/9#(/-)%N/O%DEPE%
V/$&(P+B(B,.<+%(81$#%:(4fT-)G6(
g,-(81$#%:(#1%)*%()(
.$"#<+*(%&F$1,&B%&*(
@,1(:B)++%1C:#)+%(
:<88+$%1:(*,(:<1F$F%7(
)&.(#/)++%&0$&0(@,1(
:*)1*C<8:(*,(81,F%( fKAQKTS(
1%+$);$+$*'()&.(
8%1@,1B)&#%()&.(
01,-(*,()(#,:*(
#,B8%22F%(:#)+%A(

fKA^ITS(

6B#L#(%G(L'"(/9#(/-)%N/O%DEPE%
[,+':$+$#,&(81$#%:(#,&2&<%(*,(.%#+$&%(

•  `<11%&*(:8,*(81$#%:()1%(U^JCMJT
907(.,-&(KJh(@1,B(*/%(8%)9(
•  [1,#%::($B81,F%B%&*:(81,F$.%(
B)10$&(@,1(@<1*/%1(.%#+$&%:(
•  V/$:(8<*:(81%::<1%(,&(
*%#/&,+,0$%:(;):%.(,&(*1).$&0(
:<;:*1)*%(#,:*(@,1(%"#$%&#'(

6B#L#(%G(L'"(/9#(/-)%N/O%DEPE%
[i(B)9%1:()1%(81,F$.$&0(+)10%C:#)+%(:':*%B:(

j&:<+)*%:(@1,B(*%#/&,+,0'(#,B8%22,&()&.(#1%)*%:()(;)11$%1(*,(%&*1'(@,1(
:B)++%1(:<88+$%1:(
g)#9(,@(:*,1)0%($:()&($::<%(@,1(+)10%(:':*%B:(

`+,<.:(#)<:%(:/)18(]<#*<)2,&:($&(,<*8<*7(-/$#/($:(/)1.(@,1(*/%(01$.(*,(/)&.+%(
-$*/(<2+$*'C:#)+%([i(:':*%B:(
`,&#+<:$,&(

•  [i($:(,&%(,@()(:<$*%(,@(1%&%-);+%(%&%10'(*%#/&,+,0$%:(

•  V/%().F)&*)0%:($&#+<.%()(B)*#/(*,(01$.(+,).7(+,-(B)$&*%&)&#%7(:$B8+$#$*'7(
)&.()(-$.%(1)&0%(,@()88+$#)2,&:7(@1,B(:B)++(1%B,*%(:':*%B:(*,(<2+$*'(
:#)+%(P%+.:A(

•  Y$:).F)&*)0%:($&#+<.%(/$0/%1(#,:*(*/)&(,*/%1(1%&%-);+%(,82,&:()&.(+)#9(
,@(:*,1)0%A(

•  S)@%1(;):%.(:$+$#,&7(-$*/($*:(/$0/%1(%"#$%&#'()&.(1)8$.+'(.1,88$&0(#,:*7(
#,&2&<%:(*,(+%).(*/%(B)19%*A((`.V%(:<88+$%1(a$1:*(Z,+)1(;%#)B%(*/%(+)10%:*(
B)&<@)#*<1%1(+):*('%)1A((k*/%1(*%#/&,+,0$%:(/)F%()(:B)++(B)19%*(:/)1%A(