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

*)1%,-2%*-3'"#-$*-),4%5"#)*&)'#-%#-%
#!!(/#"*%#'4%,-2%.,(%#5*",)'#-(%
!
"#!$%&'(#&%!)(!)*%!!""#$%&"'()*'+,*-!(+,!&'+,,!+#!)*%!-.,/!(/!0%1+2(3!)*%!45676!897+#+&)$6)+(#!*6&!
,6.#2*%9!)*%!7(&)!6::$%&&+;%!6#9!2(7'$%*%#&+;%!$%/($7&!)(!(//&*($%!(+,!6#9!:6&!$%:.,6)+(#!6#9!
(;%$&+:*)!+#!<=>=!*+&)($?=!!@*(&%!$%/($7&3!5%+#:!26$$+%9!(.)!5?!"#)%$+($!>%2$%)6$?!A%#!>6,6B6$!6#9!C+$%2)($!
(/!)*%!D.$%6.!(/!42%6#!E#%$:?!06#6:%7%#)3!F%:.,6)+(#3!6#9!E#/($2%7%#)!GD4E0H!0+2*6%,!F=!
D$(7I+2*3!6$%!$6+&+#:!)*%!56$!/($!&6/%)?3!(;%$&+:*)3!6#9!%#;+$(#7%#)6,!'$()%2)+(#!6)!%;%$?!&)6:%!(/!)*%!
$%;+%I3!'%$7+))+#:3!9$+,,+#:3!6#9!9%;%,('7%#)!'$(2%&&!/($!(//&*($%!(+,!6#9!:6&!('%$6)+(#&=!
!
)67%*89:;<8=78>?@%"79:7A%(>?B7+!J(#9.2)+#:!>)$(#:!E#;+$(#7%#)6,!F%;+%I&!(/!K$('(&%9!L%6&%!>6,%&!
6#9!C$+,,+#:!K$(M%2)&!D6&%9!(#!>(.#9!>2+%#2%!
¾ !"#$!!ŝƌĞĐƚŽƌƌŽŵǁŝĐŚŚĂƐŽƌĚĞƌĞĚĂĨƵůůƌĞǀŝĞǁŽĨƚŚĞĂŐĞŶĐLJ͛ƐƵƐĞŽĨ͚2ĂƚĞŐŽƌŝĐĂůĞdžĐůƵƐŝŽŶƐ͛
.#9%$!)*%!N6)+(#6,!E#;+$(#7%#)6,!K(,+2?!82)!GNEK8H!6#9!*6&!,+7+)%9!)*%+$!.&%!+#!'$('(&%9!
9%%'I6)%$!9$+,,+#:!'$(M%2)&=!%
¾ &'$!!D4E03!I+)*!)*%!2(,,65($6)+(#!(/!/%9%$6,!6:%#2+%&!,+O%!)*%!P+&*!6#9!Q+,9,+/%!>%$;+2%!GPQ>H!6#9!
)*%!N6)+(#6,!42%6#+2!6#9!8)7(&'*%$+2!897+#+&)$6)+(#!GN488H3!+&!2(#9.2)+#:!2(7'$%*%#&+;%!
#%I!%#;+$(#7%#)6,!6#6,?&%&!(/!)*%!-.,/!(/!0%1+2(!6#9!)*%!8$2)+2!)(!*%,'!+#/($7!/.).$%!,%6&+#:!
6#9!9%;%,('7%#)!9%2+&+(#&=%
¾ &'$%%K$('(&%9!,%6&%!&6,%&!6#9!9$+,,+#:!'$(M%2)&!7.&)!.#9%$:(!)*($(.:*!%#;+$(#7%#)6,!$%;+%I&!+#!
622($96#2%!I+)*!NEK8=!%
!
)67%57;=:>>:8B%(>?B7+%F6+&+#:!)*%!D6$!/($!>6/%)?!6#9!E#;+$(#7%#)6,!K$()%2)+(#&!+#!K$('(&%9!C$+,,+#:!
K$(M%2)&!
¾ !"#$!"#)%$+($!2,(&%9!)*%!,(('*(,%3!%&)65,+&*%9!+#!RSST3!)*6)!%1%7')%9!('%$6)($&!+#!)*%!-.,/!(/!
0%1+2(!/$(7!&.57+))+#:!',6#&!/($!I($&)U26&%!9+&2*6$:%!&2%#6$+(&=!
¾ !"#$!!@*%!897+#+&)$6)+(#!*6&!&.57+))%9!,%:+&,6)+(#!)(!$%7(;%!)*%!$%V.+$%7%#)!)*6)!*67&)$+#:&!
D4E0!5?!$%V.+$+#:!$%;+%I!6#9!6''$(;6,!(/!%1',($6)+(#!',6#&!I+)*+#!TSU96?&=!
¾ &'$!K%$7+)!6'',+26)+(#&!/($!9$+,,+#:!'$(M%2)&!7.&)!7%%)!#%I!&)6#96$9&!/($!I%,,U9%&+:#3!26&+#:3!6#9!
2%7%#)+#:3!I*+2*!7.&)!5%!+#9%'%#9%#),?!2%$)+/+%9!5?!6!'$(/%&&+(#6,!%#:+#%%$=%
¾ &'$%K$('(&%9!%1',($6)+(#!',6#&!7.&)!7%%)!#%I!$%V.+$%7%#)&!)(!&*(I!)*%!('%$6)($!+&!'$%'6$%9!
)(!9%6,!I+)*!6!'()%#)+6,!5,(I(.)!6#9!)*%!'()%#)+6,!I($&)U26&%!9+&2*6$:%!&2%#6$+(!6#9!)*%!
ŽƉĞƌĂƚŽƌ͛ƐĂďŝůŝƚLJƚŽƌĞƐƉŽŶĚƚŽƐƵĐŚĂĚŝƐĐŚĂƌŐĞ=%
!
2;:@@:8B%?8C%5;<CDE>:<8%(>?B7F+%%>)$%#:)*%#+#:!>)6#96$9&!/($!EV.+'7%#)3!>6/%)?!K$62)+2%&3!
E#;+$(#7%#)6,!>6/%:.6$9&3!6#9!4;%$&+:*)!(/!4//&*($%!C$+,,+#:!6#9!K$(9.2)+(#%
¾ !"#$%%4;%$!)*%!,6&)!)*$%%!9%269%&3!&6/%)?!%V.+'7%#)!6#9!$%:.,6)($?!$%V.+$%7%#)&!/%,,!5%*+#9!)*%!
)%2*#(,(:?!)*6)!6,,(I%9!2(7'6#+%&!)(!$%62*!#%I!(+,!6#9!:6&!$%&%$;%&!+#!9%%'%$!I6)%$&=!
¾ &'$!!4'%$6)($&!7.&)!69*%$%!)(!)*%!#%I!C$+,,+#:!>6/%)?!F.,%3!+7',%7%#)%9!)*$(.:*!%7%$:%#2?!
$.,%76O+#:3!)*6)!$6+&%&!)*%!&)6#96$9&!/($!5,(I(.)!'$%;%#)%$&3!I%,,!9%&+:#3!26&+#:3!2%7%#)+#:3!
6#9!&6/%)?!%V.+'7%#)=!D,(I(.)!'$%;%#)%$&!7.&)!6,&(!7%%)!#%I!&)6#96$9&!/($!)%&)+#:!6#9!7.&)!
5%!+#9%'%#9%#),?!2%$)+/+%9=!
¾ &'$!!<#9%$!)*%!#%I!Q($O',62%!>6/%)?!F.,%3!('%$6)($&!I+,,!5%!$%V.+$%9!)(!9%;%,('!6!
2(7'$%*%#&+;%!76#6:%7%#)!'$(:$67!/($!+9%#)+/?+#:3!699$%&&+#:!6#9!76#6:+#:!('%$6)+(#6,!
&6/%)?!6#9!%#;+$(#7%#)6,!*6B6$9&!6#9!+7'62)&3!I+)*!)*%!:(6,!(/!$%9.2+#:!)*%!$+&O!(/!*.76#!%$$($!
6#9!+7'$(;+#:!I($O',62%!&6/%)?!6#9!%#;+$(#7%#)6,!'$()%2)+(#=!!
¾ &'$!!@*%!JE4&!(/!9$+,,+#:!2(7'6#+%&!7.&)!ʹ!/($!)*%!/+$&)!)+7%!%;%$!ʹ!'.)!)*%+$!&+:#6).$%!(#!)*%!,+#%!
)(!2%$)+/?!)*6)!)*%+$!$+:&!2(7',?!I+)*!6,,!&6/%)?!6#9!%#;+$(#7%#)6,!,6I&!6#9!$%:.,6)+(#&=!
 ¾ &'$!!D4E0!+&!&+:#+/+26#),?!%1'6#9+#:!+)&!)%67!(/!+#&'%2)($&3!%#:+#%%$&3!6#9!()*%$!&'%2+6,+&)&!)(!
%#&.$%!)*6)!('%$6)($&!6$%!/(,,(I+#:!6,,!,6I&!6#9!$%:.,6)+(#&=!
%
0@<A<D>%&<8>?:8=78>%?8C%(G:@@%"7FG<8F7+%%E#&.$+#:!)*6)!"#9.&)$?!+&!K$%'6$%9!)(!F%&'(#9!)(!C%%'I6)%$!
D,(I(.)&!6#9!4+,!>'+,,&!
¾ !"#$%!@*%!!""#$%&"'()*'+,*-!ƐƉŝůůůĂŝĚďĂƌĞƚŚĞŐĂƉďĞƚǁĞĞŶƚŚĞŽŝůĂŶĚŐĂƐŝŶĚƵƐƚƌLJ͛ƐĚƌŝůůŝŶŐ
)%2*#(,(:?!6#9!)*%!)%2*#(,(:?!6;6+,65,%!)(!2(#)6+#!6#9!2(#)$(,!5,(I(.)&!+#!9%%'I6)%$=%
¾ !"#$%%<#)+,!)*%!!""#$%&"'()*'+,*-!9+&6&)%$3!(+,!&'+,,!$%&'(#&%!',6##+#:!*69!#()!6#)+2+'6)%9!6!&'+,,!
(/!&.2*!6!&26,%!6#9!9.$6)+(#=%
¾ &'$%%D4E0!C+$%2)($!D$(7I+2*!*%,9!%+:*)!'.5,+2!/($.7&!6$(.#9!)*%!2(.#)$?!)(!:6)*%$!+#/($76)+(#!
65(.)!*(I!)(!&)$%#:)*%#!&6/%)?3!5,(I(.)!'$%;%#)+(#3!6#9!&'+,,!$%&'(#&%!+#!9%%'I6)%$=!!C+$%2)($!
D$(7I+2*!I+,,!5%!9%;%,('+#:!$%2(77%#96)+(#&!/($!>%2$%)6$?!>6,6B6$!56&%9!(#!)*%&%!7%%)+#:&=%
¾ &'$%%P%9%$6,!6:%#2+%&3!,%9!5?!)*%!C%'6$)7%#)!(/!)*%!"#)%$+($!6#9!)*%!C%'6$)7%#)!(/!E#%$:?3!6$%!
2(,,65($6)+#:!)(!+#&)+).)+(#6,+B%!)*%!%1'%$+%#2%3!%1'%$)+&%3!6#9!,%69%$&*+'!9%;%,('%9!)*$(.:*!)*%!
!""#$%&"'()*'+,*-!&(.$2%!2(#)6+#7%#)!6#9!&'+,,!$%&'(#&%!%//($)&=%%
%
*8H<;E7=78>%?8C%#97;F:B6>W!!D.+,9+#:!6!>)$(#:3!"#9%'%#9%#)!8:%#2?!)(!K(,+2%!4//&*($%!4+,!6#9!-6&!
4'%$6)+(#&!
¾ !"#$%%>%2$%)6$?!>6,6B6$!*6&!9+;+9%9!)*%!/($7%$!0+#%$6,&!06#6:%7%#)!>%$;+2%!ʹ!I*+2*!*%,9!
2(#/,+2)+#:!7+&&+(#&!(/!'$(7()+#:!%#%$:?!9%;%,('7%#)3!$%:.,6)+#:!)*%!+#9.&)$?3!6#9!2(,,%2)+#:!
$%;%#.%&!U!+#)(!)*$%%!+#9%'%#9%#)!%#)+)+%&=!
¾ !"#$%@*%!F(?6,)?!+#!A+#9!GF"AH!K$(:$673!I*+2*!622%')%9!(+,!6#9!:6&!+#!,+%.!(/!26&*!6&!$(?6,)?!
'6?7%#)&!(#!/%9%$6,!%#%$:?!$%&(.$2%&=!
¾ &'$!!>%2$%)6$?!>6,6B6$!6''(+#)%9!/($7%$!C4X!"#&'%2)($!-%#%$6,!0+2*6%,!F=!D$(7I+2*!)(!,%69!)*%!
#%I,?!%&)65,+&*%9!D4E0!6#9!)(!(;%$&%%!(//&*($%!(+,!6#9!:6&!$%/($7&=!
¾ &'$!!@(!%#&.$%!)*6)!D4E0!*6&!)*%!$%&(.$2%&3!6.)*($+)+%&3!6#9!)((,&!#%%9%9!)(!5%!6!&)$(#:!6#9!
+#9%'%#9%#)!6:%#2?3!)*%!897+#+&)$6)+(#!$%V.%&)%9!6#9!J(#:$%&&!'$(;+9%9!YRZ!7+,,+(#!+#!
&.'',%7%#)6,!/.#9&!+#!P[!RS\S!)(!699$%&&!+77%9+6)%!'$+($+)+%&=!!@*%!897+#+&)$6)+(#!*6&!6,&(!
$%V.%&)%9!6#!699+)+(#6,!Y\SS!7+,,+(#3!6&!'6$)!(/!6#!P[!RS\\!5.9:%)!67%#97%#)3!/($!)*%!
C%'6$)7%#)!)(!+#2$%6&%!(//&*($%!(+,!6#9!:6&!+#&'%2)+(#&3!*+$%!#%I!+#&'%2)($&3!9$6/)!%#/($2%7%#)!
6#9!&6/%)?!$%:.,6)+(#&3!6#9!26$$?!(.)!%#;+$(#7%#)6,!6#9!()*%$!&).9+%&=!
¾ &'$!C+$%2)($!D$(7I+2*!&)((9!.'!6!#%I!+#)%$#6,!+#;%&)+:6)+(#&!6#9!$%;+%I!.#+)!I+)*+#!D4E0!)*6)!
I+,,!$(()!(.)!'$(5,%7&!I+)*+#!)*%!$%:.,6)($?!6:%#2?!6#9!)6$:%)!2(7'6#+%&!)*6)!6+7!)(!:67%!)*%!
&?&)%7=!
¾ &'$!!C+$%2)($!D$(7I+2*!*6&!%&)65,+&*%9!6!#%I!$%2.&6,!'(,+2?!/($!D4E0!%7',(?%%&!I*+2*!I+,,!
$%9.2%!)*%!'()%#)+6,!/($!$%6,!($!'%$2%+;%9!2(#/,+2)&!(/!+#)%$%&)=!
¾ &'$!!8&!'6$)!(/!*+&!+#)%$#6,!$%/($7&!(/!D4E03!C+$%2)($!D$(7I+2*!+&!+7',%7%#)+#:!)*%!
$%2(77%#96)+(#&!(/!)*%!4J>!>6/%)?!4;%$&+:*)!D(6$93!I*+2*!>%2$%)6$?!>6,6B6$!%&)65,+&*%9!)(!
%;6,.6)%!*(I!)(!&)$%#:)*%#!(;%$&+:*)!6#9!76#6:%7%#)!(/!%#%$:?!9%;%,('7%#)!(#!)*%!4.)%$!
J(#)+#%#)6,!>*%,/=!