Guide Pttic Complet 7eme A5

GUIDE PTTIC COMPLET 7eme_A5.
qxp_Mise en page 1 21/06/18 15:34 Page1
REPUBLIQUE DE
REPUBLIQUE MOCRATIQUE DU
DEMOCRATIQUE DDUCONGO
CONGO
MINISTER
RE
MINISTEREE DE L’E
L ’E
ENSEIGGNEMENT PRIMAIRE,
DE L’ENSEIGNEMENT PRIMAIRE,
SECO NDA IR E ET PR
ROFESSION
SECONDAIRE ET PROFESSIONNEL NEL
!
!
!
S e c r é t a r i a tGénéral
Secrétariat Général
!" #$%&"'()des
Direction !$* )+#',#-..$*)
Programmes
Scolaires
/% '0-"#$*et
)$&Matériel
)1-&2#"Didactique
$0)!"3-%&"45$)
!
!
!
Gu id e en ap p u i au P ro g ra m m e É duc a t i f
Guide enmappui
ain e d’Aau
pprProgramme Educatif
7
du Do e ntissa g e des Sc iences
! du Domaine d’Apprentissage des Sciences
7ème annème
!
Classe de Base année

Classe de ée de l’Éducation de
!
! de l’Education de Base
!
!
!
!
S us - Do
So D m a i n e d’ A ppr e ntt i s s a g e :
ScSciences Physiques,
siques, TTechnologie,
echnologie, et et Technologies
Sous-Domaine d’Apprentissage :
de ll’Information
!Information eett d
dee la
la Communication
iences Phy Technologies
de C o m m u n icatio n
!
!
1ère èrèédition
!
!
Kinshasa 2018
1 edittion
re
!
Kin sh a sa 2018
GUIDE PTTIC COMPLET 7eme_A5.qxp_Mise en page 1 21/06/18 15:34 Page2
©DIPROMAD/MEPSP, Kinshasa, 2018
Conception et réalisation : Équipe Technique du Projet d’Éducation pour la Qualité et la

Pertinence des Enseignements aux niveaux Secondaire et
Universitaire
Ce Guide a été conçu avec le soutien de « LA BANQUE MONDIALE ».
6) 3
!
789:;!<=97;8)
!
"#! $%&'#(()(! *#! +,! -.(#! #/! $+,'#! *#! +01*)',2.&/! *#! 3,(#! ,! $%.(! (&/! #/4&+! #/!
56$)7+.8)#! 96-&'%,2.8)#! *)! :&/;&! ,4#'! +,! <./! *#! +,! %6*,'2.&/! *#(! =%&;%,--#(!
6*)',2.<(!.//&46(!$&)%!+#!9&-,./#!*0>$$%#/2.((,;#!*#(!?'.#/'#(!*)!:@'+#!A#%-./,+!
*#!+01*)',2.&/!*#!3,(#!B:A13CD!$,%!+018).$#!2#'E/.8)#!*)!=%&F#2!*#!+01*)',2.&/!$&)%!
+,!G),+.26!#2!+,!=#%2./#/'#!*#(!1/(#.;/#-#/2(!,)H!/.4#,)H!?#'&/*,.%#!#2!I/.4#%(.2,.%#!
B=1G=1?ICJ!
"#(! $%&;%,--#(! %6<&%-6(! (&/2! '#/2%6(! ()%! +0,$$%&'E#! $,%! (.2),2.&/(!K! .+(! 4.(#/2!
#((#/2.#++#-#/2!+0,'2.4.26!*#!+06+L4#!*,/(!*#(!(.2),2.&/(!8).!+).!$#%-#22#/2!*0,;.%!()%!+#(!
(,4&.%(! #((#/2.#+(J! "#(! -M-#(! $%&;%,--#(! $%6(#/2#/2! N! +0#/(#.;/,/2! +#(! 6+6-#/2(!
*&/2!.+!,!7#(&./!$&)%!;6%#%!'#22#!,'2.4.26!*#!+06+L4#!#/!'+,((#J!
"#!'&/2#/)!*)!$%&;%,--#!#(2!$%6(#/26!*,/(!)/#!-,2%.'#!8).!'&-$&%2#!+#(!%)7%.8)#(!
().4,/2#(!O!
"! +,!',26;&%.#!*#(!(,4&.%(!#((#/2.#+(!K!
"! +,!'&-$62#/'#!,22#/*)#!*#!+06+L4#!K!
"! )/!#H#-$+#!*#!(.2),2.&/!K!
"! )/!2,7+#,)!*#!($6'.<.',2.&/!K!
"! )/#!64,+),2.&/J!
P+!$#)2!,%%.4#%!8)#!+#!'&/2#/)!*#!+0)/#!&)!*#!+0,)2%#!%)7%.8)#!*)!$%&;%,--#!/#!(&.2!$,(!
'+,.%#-#/2!#H$%.-6!$&)%!+0#/(#.;/,/2!#/!'#!(#/(!8)#!'#+).Q'.!6$%&)4#!*#(!*.<<.')+26(!
-,F#)%#(!*,/(!+#!*64#+&$$#-#/2!*)!(,4&.%!#((#/2.#+!'&/'#%/6J!
:0#(2! $&)%! %6$&/*%#! N! '#! 7#(&./! *#! '+,%26! 8)#! +#(! %6*,'2#)%(! *#(! $%&;%,--#(! &/2!
'&/R)! *#(! ;).*#(! ,<./! *0,''&-$,;/#%! '#(! *#%/.#%(J! "#(! ;).*#(! $%6'.(#/2! '#%2,./#(!
/&2.&/(! ()%! +#(! (,4&.%(! #((#/2.#+(! 2%,.26(! *,/(! +#(! -,2%.'#(! *#(! $%&;%,--#(J! P+(!
<&)%/.((#/2!,)((.!*#(!./*.',2.&/(!$6*,;&;.8)#(!#2!*#-#)%#/2!(.-$+#(!#2!$%,2.8)#(J!P+(!
/#!'&/2.#//#/2!,)')/!*64#+&$$#-#/2!2E6&%.8)#J!
12,/2!#/!,$$).!,)!$%&;%,--#D!+#!;).*#!#(2!#/!'&%%#($&/*,/'#!2#%-#!N!2#%-#!,4#'!
'E,8)#!-,2%.'#!*)!$%&;%,--#!*&/2!.+!%#$%#/*!+#!'&*#!#2!+#!2.2%#J!"#!;).*#!#(2!*#(2./6!
N!+0#/(#.;/,/2!#2!%6$&/*!,)H!7#(&./(!*#!'#!*#%/.#%J!P+!(#!+.-.2#!N!,$$&%2#%!8)#+8)#(!
'+,%.<.',2.&/(! N! 'E,')/#! *#(! -,2%.'#(! *)! $%&;%,--#! *,/(! 'E,')/! *#(! 2%&.(! (&)(Q
*&-,./#(!*0,$$%#/2.((,;#!*#(!('.#/'#(J!
"#(! $%6'.(.&/(! 8)#! +#! ;).*#! ,$$&%2#! N! 'E,')/#! *#(! -,2%.'#(! *)! $%&;%,--#!
'&/'#%/#/2!#((#/2.#++#-#/2!+#(!%)7%.8)#(!().4,/2#(!O!
"! +#! '&*#! #2! +#! 2.2%#!O! '&%%#($&/*#/2! ,)! '&*#! #2! ,)! 2.2%#! *#! +,! -,2%.'#! *)!
$%&;%,--#!K!
"! +,!',26;&%.#!*#!(,4&.%(!#((#/2.#+(!O!%#$%#/*!'#++#!*#!+,!-,2%.'#!'&%%#($&/*,/2#!K!
4 #!
!
"! +#(! =%6Q%#8).(!O! '&/(2.2)#/2! +#(! ,'8).(! *#(! (,4&.%(! #((#/2.#+(! 8)#! +06+L4#! *&.2!
*6FN! -,S2%.(#%! ,4,/2! *0,7&%*#%! +#(! ,'2.4.26(! $%&$&(6#(! *,/(! +,! -,2%.'#!K! .+! #(2!
64.*#/2!8)0.+!(0,;.2!.'.!*#(!=%6Q%#8).(!-,F#)%(!K!
"! +#(!$%6'.(.&/(!()%!+#(!'&/2#/)(!O!'&/(.(2#/2!N!%#4#/.%!()%!+#(!/&2.&/(!#((#/2.#++#(!
*#!+,!-,2%.'#!N!<,.%#!,'8)6%.%!,)H!6+L4#(!,<./!*#!+#(!'+,%.<.#%!*#!-,/.L%#!(.-$+#D!
$%,2.8)#!#2!(,/(!68).4&8)#!K!
"! +#(!();;#(2.&/(!$6*,;&;.8)#(!&)!*.*,'2.8)#(!O!'#22#!%)7%.8)#!'+T2)%#!+#!'&/2#/)!
*0)/!;).*#!#2!$%&$&(#!N!+0#/(#.;/,/2!)/#!&)!*#)H!();;#(2.&/(!+).!$#%-#22,/2!
*0&%.#/2#%! +06+L4#J! P+! -#/2.&//#! ,./(.! +#! -,26%.#+! 8).! <,'.+.2#! +#! *6%&)+#-#/2! *#!
'#22#!,'2.4.26J!
1/!%6()-6D!)/!$%&;%,--#!#(2!)/!&)2.+!*#!$+,/.<.',2.&/!2,/*.(!8)0)/!;).*#!#(2!)/!,$$).!
,)! $%&;%,--#J! >! 'E,8)#! (#'2.&/! *)! ;).*#! '&%%#($&/*! )/#! -,2%.'#! *&/2! .+! $%6'.(#!
'#%2,./#(!/&2.&/(J!"#!;).*#!'&/(2.2)#!)/!()$$+6-#/2!,)!$%&;%,--#!,<./!*#!+#!%#/*%#!
$+)(!+.(.7+#J!
"#(!*.<<6%#/2#(!%)7%.8)#(!*)!;).*#!'.Q*#(()(!6/)-6%6#(!(&/2!$%6(#/26#(!(&)(!<&%-#!
*0)/! 2,7+#,)! -.(! #/! $,%,++L+#! ,4#'! +,! -,2%.'#! '&%%#($&/*,/2#! *)! $%&;%,--#J! "#(!
6+6-#/2(!*)!;).*#!*&.4#/2!M2%#!$%6(#/26(!*#!-,/.L%#!'&E6%#/2#J!!
!
!
!
!
!
!
!
!
!
!
!
!
!
!
!
!
!
!
!
!
!
!
!
!
$! 5
!
! ><7!?)?8)@++<7)@<)+:;>:@11?)?!<=@97A)!?/)/=7?8=?/)+BC/7D<?/E)
! 9?=B8;F;>7?E)?9)9?=B8;F;>7?/)!?)FG78A;:1@97;8)?9)!?)F@)
=;11<87=@97;8)
! !
! 7H))/=7?8=?/)+BC/7D<?/)
!
! U?=:VJV!
!
8I) :<J:7D<?/) =;89?8</)
!
V! A.2%#! !",!-,2.L%#!#2!(#(!62,2(!$E@(.8)#(!
W! :,26;&%.#!*#!(,4&.%(!#((#/2.#+(! U,2.L%#!
! X! =%6Q%#8).(! Q!:&//,.((,/'#! *#! *.<<6%#/2#(! -,2.L%#(! 8).!
! '&/(2.2)#/2! +#(! &7F#2(! *)! -.+.#)!
! B#/4.%&//#-#/2C!
Q!:&//,.((,/'#! *#! +0./<+)#/'#! *#! +,!
2#-$6%,2)%#!()%!*#(!&7F#2(!
!
Y! =%6'.(.&/(!()%!+#(!'&/2#/)(! Q!"#(!'&/(2.2),/2(!*#!+,!-,2.L%#!O!-&+6')+#!#2!
!
,2&-#!K!
Q!"#(!(@-7&+#(!*#(!4./;2!$%#-.#%(!6+6-#/2(!
'E.-.8)#(!*)!2,7+#,)!$6%.&*.8)#!K!
Q!"#(!2%&.(!62,2(!$E@(.8)#(!<&/*,-#/2,)H!*#!
+,!-,2.L%#!B(&+.*#D!+.8).*#D!;,ZC!#2!*0,)2%#(!
*&/2!+#!$+,(-,!K!
Q!"#(! *.<<6%#/2(! 'E,/;#-#/2(! *062,2(!
$E@(.8)#(!*#!+,!-,2.L%#J!
[! ?);;#(2.&/(!$6*,;&;.8)#(!&)! Q!I(,;#!!*)!-,26%.#+!*.*,'2.8)#!2#+!8)#!O!)/!
*.*,'2.8)#(! -&%'#,)!*#!;+,'#D!)/#!!!'%,.#D!)/!%6'.$.#/2D!
)/#!(&)%'#!*#!'E,+#)%!B%6'E,)*CJ!
!
U?=:VJW!!
8I) :<J:7D<?/) =;89?8</)

V! A.2%#! 9#(!'&%$(!$)%(!,)H!-6+,/;#(!
W! :,26;&%.#!*#!(,4&.%(!#((#/2.#+(! ?)7(2,/'#(!
X! =%6Q%#8).(! :&//,.((,/'#(! *#(! /&2.&/(! *#! -&+6')+#! #2!
*0,2&-#!
Y! =%6'.(.&/(!()%!+#(!'&/2#/)(! Q!9.(2./'2.&/(! #/2%#! )/! '&%$(! (.-$+#! #2! )/!
'&-$&(6!
Q!"#(!,/,+@(#(!.--6*.,2#!#2!6+6-#/2,.%#!/#!
(&/2!$,(!$%64)#(!N!'#!(2,*#!
[! ?);;#(2.&/(!$6*,;&;.8)#(!&)! =%64&.%! 7#,)'&)$! *#! -,/.$)+,2.&/(! ,)!
*.*,'2.8)#(! +,7&%,2&.%#! $&)%! +,! %6,+.(,2.&/! *#! *.<<6%#/2(!
2@$#(!*#!-6+,/;#(!$,%!+#(!6+L4#(!
!
6 %!
!
U?=:VJX!!
8I) :<J:7D<?/) =;89?8</)

V! A.2%#! 12)*#!#2!2%,.2#-#/2!*#!+0#,)!
W! :,26;&%.#!*#!(,4&.%(!#((#/2.#+(! 1,)!
X! =%6Q%#8).(! Q!?)7(2,/'#!$)%#!#2!-6+,/;#!
Q!:&/(2,/2#(!$E@(.8)#(!*0)/!'&%$(!$)%!
Y! =%6'.(.&/(!()%!+#(!'&/2#/)(! Q!G),+.26(!#2!'&/(2,/2#(!$E@(.8)#(!*0)/#!#,)!
$)%#!
Q!1/)-6%,2.&/! #2! #H$+.',2.&/! *#! *.<<6%#/2(!
$%&'6*6(!*#!!2%,.2#-#/2!*#!+0#,)!
[! ?);;#(2.&/(!$6*,;&;.8)#(!&)! Q!9#('#/2#!()%!2#%%,./!,4#'!+#(!6+L4#(!$&)%!+#!
*.*,'2.8)#(! $%6+L4#-#/2!*#(!6'E,/2.++&/(!*0#,)!
Q!A%,.2#-#/2! *#(! 6'E,/2.++&/(! ,)! +,7&%,2&.%#!
$,%!+#(!6+L4#(!
Q!I2.+.(,2.&/!*#!+0&)2.+!./<&%-,2.8)#!
!
U?=:VJY!
8I) :<J:7D<?/) =;89?8</)

V! A.2%#! 12)*#!*#!+0>.%!
W! :,26;&%.#!*#!(,4&.%(!#((#/2.#+(! >.%!
X! =%6Q%#8).(! :&//,.((,/'#(! *#! 8)#+8)#(! (@-7&+#(! *#(!
,2&-#(D! *#(! ()7(2,/'#(! #2! *#(! 62,2(!
$E@(.8)#(!*#!+,!-,2.L%#!
Y! =%6'.(.&/(!()%!+#(!'&/2#/)(! 1/)-6%,2.&/! #2! 8),/2.<.',2.&/! *#(!
'&/(2.2),/2(!*#!+0,.%!#/!$&)%'#/2,;#!
[! ?);;#(2.&/(!$6*,;&;.8)#(!&)! Q!9.($&(#%!*0)/!7,++&/!*0,.%!
*.*,'2.8)#(! Q!\,7%.8)#%!)/#!(#%%#!,4#'!+#(!6+L4#(!
)
U?=VJV!
!!
8I) :<J:7D<?/) =;89?8</)
V! A.2%#! ]%,/*#)%(!<&/*,-#/2,+#(!
W! :,26;&%.#!*#!(,4&.%(!#((#/2.#+(! ]%,/*#)%(!$E@(.8)#(!
X! =%6Q%#8).(! !!:&//,.((,/'#(! ()%! +#! (@(2L-#! -62%.8)#!
B:]?D! U^?D! U^?>C! #2! +#! (@(2L-#!
./2#%/,2.&/,+! B?PC! *0)/.26(! *#! -#()%#D! +#(!
./(2%)-#/2(!#2!+#(!,$$,%#.+(!*#!-#()%#!
!!:&%%#($&/*,/'#!#/2%#!*.<<6%#/2#(!)/.26(!*#!
-#()%#!B+.2%#!#2!_.+&;%,--#D!+.2%#!#2!*-XD!$,%!
#H#-$+#C!
!!:&/4#%(.&/! *0)/.26(! *#! -#()%#! B+.2%#! #/!
-.++.+.2%#(!#2!4.'#Q4#%(,JJJC!!
7
&!
!
Y! =%6'.(.&/(!()%!+#(!'&/2#/)(! !!"#! $%&2&'&+#! #(2! +06/&/'6! *#(! '&/*.2.&/(D!

*#(! %L;+#(D! #2'JD! %#+,2.4#(! ,)! *6%&)+#-#/2!
*0)/#! #H$6%.#/'#D! *0)/#! ,'2.4.26!
('.#/2.<.8)#J!
!!"#(!-#()%#(!B*#!+&/;)#)%D!-,((#D!2#-$(`!
*)%6#! K! 2#-$6%,2)%#D! ./2#/(.26! *)! '&)%,/2D!
./2#/(.26! +)-./#)(#C! *&.4#/2! M2%#!
'&/(.;/6#(!()%!)/#!<.'E#!*0&7(#%4,2.&/J!
!!"#!-L2%#!#(2!N!+,!<&.(!)/!62,+&/!*#!+&/;)#)%D!
)/#!)/.26!*#!-#()%#!*)!(@(2L-#!-62%.8)#!
*6'.-,+! #2! +a)/.26! *#! 7,(#! *#! +&/;)#)%! *)!
?@(2L-#!P/2#%/,2.&/,+!*aI/.26(!B?PCJ!
[! ?);;#(2.&/(!$6*,;&;.8)#(!! >-#/#%!+#(!6+L4#(!N!&7(#%4#%!#2!)2.+.(#%!*#(!
&)!*.*,'2.8)#(! ./(2%)-#/2(!#2!,$$,%#.+(!*#!-#()%#!2#+(!8)#!
! +#(! -L2%#(! -#()%#)%(! BN! %)7,/D! #2'JCD! +,!
7,+,/'#D!+#!'E%&/&-L2%#D!+#!2E#%-&-L2%#D!+#!
-)+2.-L2%#!#2!+#!+)H-L2%#J!!
!
U?=VJW!!
!
8I) :<J:7D<?/) =;89?8</)
V! A.2%#! ]%,/*#)%(!*6%.46#(!
W! :,26;&%.#!*#!(,4&.%(!#((#/2.#+(! ]%,/*#)%(!$E@(.8)#(!
X! =%6Q%#8).(! :&//,.((,/'#!()%!+#(!O!
Q!;%,/*#)%(!<&/*,-#/2,+#(!!
Q!/&2.&/(!*0#H$&/#/2.,2.&/!
Y! =%6'.(.&/(!()%!+#(!'&/2#/)(! !!"#(!$+,8)#(!*)!%6'E,)*!(&/2!.*#/2.8)#(J!!
!!"#(!4,%.,7+#(!,@,/2!)/!.-$,'2!()%!+#!2#-$(!
*067)++.2.&/!(&/2O!()%<,'#D!4&+)-#J!
[! ?);;#(2.&/(!$6*,;&;.8)#(!&)! !!>-#/#%!+#(!6+L4#(!N!*62#%-./#%!+#!4&+)-#!
*.*,'2.8)#(! *0)/!'&%$(!B'@+./*%.8)#D!$,%,++6+6$.$6*.8)#D!
#2'JC!N!+0,.*#!*0)/#!6$%&)4#22#!;%,*)6#J!
!!:&-$,%#%! +#! 4&+)-#! &72#/)! ,)! 4&+)-#!
2E6&%.8)#!',+')+6!N!+0,.*#!*#!b!c?EJ!
!!!!!
U?=VJX!!
8I) :<J:7D<?/) =;89?8</)

V! A.2%#! 1+#'2%.(,2.&/!
W! :,26;&%.#!*#!(,4&.%(!#((#/2.#+(! 1+#'2%&(2,2.8)#!
X! =%6Q%#8).(! 1H$6%.#/'#(!(.-$+#(!46')#(!()%!+0&%,;#!
#2!()%!+06+#'2%.(,2.&/!!
Y! =%6'.(.&/(!()%!+#(!'&/2#/)(! !!"#(!$#2.2(!-&%'#,)H!*#!$,$.#%!$#)4#/2!M2%#!
*6$&(6(!()%!)/#!()%<,'#!$+,/#!#/!7&.(D!$,%!
#H#-$+#J!
!!"#(!7&)+#(!*#!()%#,)!&)!*0,+)-./.)-!<&/2!
$,%2.#! *)! -,26%.#+! *#! +,7&! Bd7(#%4#%!
'%&8).(D!?JbJ=JCJ!
8 '!
!
[! ?);;#(2.&/(!$6*,;&;.8)#(!&)! !!>-#/#%!+#(!6+L4#(!N!-#22%#!#/!64.*#/'#!+#(!
*.*,'2.8)#(! $E6/&-L/#(! *0+06+#'2%.(,2.&/! B$,%!
<%&22#-#/2D!'&/2,'2!#2!./<+)#/'#CJ!
!!"#(! ,-#/#%! N! <,.%#! +,! 4.(.2#! *0)/#!
./(2,++,2.&/!*#!$,%,2&//#%%#!
!
U?=VJY!!
8I) :<J:7D<?/) =;89?8</)

V! A.2%#! U,26%.#+(!6+#'2%.8)#(!
W! :,26;&%.#!*#!(,4&.%(!#((#/2.#+(! :.%').2!6+#'2%.8)#!
X! =%6Q%#8).(! :&//,.((,/'#(!()%!+#(!-,26%.#+(!)2.+.(6(!!!
! $&)%! +06'+,.%,;#! 6+#'2%.8)#! N! +,! -,.(&/! &)!
! ,.++#)%(!
Y! =%6'.(.&/(!()%!+#(!'&/2#/)(! !!1+,7&%,2.&/!*0)/!7.+,/!6/#%;62.8)#C!#2!*0)/!
*#4.(!#/!<&/'2.&/!*#!+062,2!*#!7#(&./(J!
!!"#! 7.+,/! 6/#%;62.8)#! #(2! )/#! #(2.-,2.&/!
'E.<<%6#! *#! *.<<6%#/2#(! 6/#%;.#(!O! +06/#%;.#!
2%,/(<6%6#!*)!;6/6%,2#)%!,)!'.%').2!B6/#%;.#!
*.($&/.7+#! ,)H! 7&%/#(! *)! ;6/6%,2#)%CD!
+06/#%;.#! %#R)#! $,%! +#! '.%').2D! ! +06/#%;.#!
*.((.$6#!$,%!#<<#2!F&)+#D!#2'J!!
[! ?);;#(2.&/(!$6*,;&;.8)#(!&)! !!>-#/#%! +#(! 6+L4#(! N! ',26;&%.(#%! *#(!
*.*,'2.8)#(! -,26%.#+(! 6+#'2%.8)#(! (#+&/! +#)%(! 4,+#)%(!
! /&-./,+#(!
!!"#(! ,-#/#%! N! 4.(.2#%! )/#! 8)./',.++#%.#! *#!
-,26%.#+(!6+#'2%.8)#(!
!
U?=VJ[!!
!
8I) :<J:7D<?/) =;89?8</)
V! A.2%#! P/(2,++,2.&/!6+#'2%.8)#!
W! :,26;&%.#!*#!(,4&.%(!#((#/2.#+(! :.%').2!6+#'2%.8)#!
X! =%6Q%#8).(! 56,+.(,2.&/!*0)/!('E6-,!/&%-,+.(6!
Y! =%6'.(.&/(!()%!+#(!'&/2#/)(! !!?'E6-,!/&%-,+.(6!O!('E6-,!2%,'6!(#+&/!+#(!
/&%-#(!,''#$26#(!$,%!2&)(!+#(!$E@(.'.#/(!
!!A#(2! *0)/! '.%').2! 6+#'2%.8)#! $%6,+,7+#-#/2!
./(2,++6!!
[! ?);;#(2.&/(!$6*,;&;.8)#(!&)! !!>-#/#%! +#(! 6+L4#(! N! %6,+.(#%! )/! '.%').2!
*.*,'2.8)#(! 6+#'2%.8)#!()%!)/#!$+,/'E#!
! !!"#(! ,-#/#%! N! 4.(.2#%! )/#! ./(2,++,2.&/!
6+#'2%.8)#!*,/(!)/#!-,.(&/!#/!'&/(2%)'2.&/!
!
!
!
!
!
(! 9
!
U?=VJe!
!!
8I) :<J:7D<?/) =;89?8</)
V! A.2%#! 1<<#2(!*)!'&)%,/2!6+#'2%.8)#!
W! :,26;&%.#!*#!(,4&.%(!#((#/2.#+(! :.%').2!6+#'2%.8)#!
X! =%6Q%#8).(! Q!56,+.(,2.&/!*0)/!'.%').2!6+#'2%.8)#!
! Q!I2.+.(,2.&/!*0)/!,$$,%#.+!6+#'2%&-6/,;#%!
Y! =%6'.(.&/(!()%!+#(!'&/2#/)(! 1<<#2(!6+#'2%.8)#(!O!
Q!$%&*)'2.&/!!
Q!&7(#%4,2.&/!
Q!*#('%.$2.&/!
Q!,$$+.',2.&/(!$%,2.8)#(!
[! ?);;#(2.&/(!$6*,;&;.8)#(!&)! >-#/#%!+#(!6+L4#(!N!%6,+.(#%!+,!$%&*)'2.&/!#2!
*.*,'2.8)#(! +,! *#('%.$2.&/! *#(! *.<<6%#/2(! 2@$#(! *0#<<#2(!
! 6+#'2%.8)#(!
!
U?=VJf!
!
8I) :<J:7D<?/) =;89?8</)
V! A.2%#! ?6')%.26!6+#'2%.8)#!
W! :,26;&%.#!*#!(,4&.%(!#((#/2.#+(! :.%').2!6+#'2%.8)#!
X! =%6Q%#8).(! P/'#/*.#!*g!,)!'&)%,/2!6+#'2%.8)#!
1<<#2(!*)!'&)%,/2!6+#'2%.8)#!
Y! =%6'.(.&/(!()%!+#(!'&/2#/)(! P/(2,++,2.&/! *#(! 6+6-#/2(! $%&2#'2#)%(! *)!
'.%').2!6+#'2%.8)#!#2!*#!+06+#'2%.'.#/!O!
Q!<)(.7+#!
Q!*.(F&/'2#)%(!
Q!<.+(!*#!2#%%#!
Q!2#/)#D!;,/2(!#2!7&22#(!*#!$%&2#'2.&/!
[! ?);;#(2.&/(!$6*,;&;.8)#(!&)! 56,+.(#%! )/#! ./(2,++,2.&/! #%%&/6#! #2! #/!
*.*,'2.8)#(! %#((&%2.%!+#!*,/;#%!*#!'&)%2Q'.%').2!
!
)
)
)
)
)
! !
10 )*!
!
77H))9?=B8;F;>7?)
!
UAVJV!
8I) :<J:7D<?/) =;89?8</)
V! A.2%#! \,7%.',2.&/!*#(!7%.8)#(!').2#(!
W! :,26;&%.#!*#!(,4&.%(!#((#/2.#+(! ",!-,.(&/!
X! =%6Q%#8).(! :&//,.((,/'#!*#(!$%&'#(()(!!*#!
'&/(2%)'2.&/!*0)/#!',(#!#/!,%;.+#!#2!+,!
<,7%.',2.&/!*#(!,*&7#(!
Y! =%6'.(.&/(!()%!+#(!'&/2#/)(! Q!1H2%,'2.&/!*#!+,!2#%%#!(#+&/!+#(!'%.2L%#(!*#!
8),+.26(!B2#%%#!,%;.+#)(#C!#2!*#!8),/2.26!
(#+&/!+#(!$%&$&%2.&/(!%#8).(#(!
Q!\,7%.',2.&/!*0)/!-&)+#!
Q!=%6$,%,2.&/!*#(!7&.(!./*.($#/(,7+#!$&)%!
+,!').((&/!*#(!7%.8)#(!$#/*,/2!+#!2#-$(!
/6'#((,.%#!
[! ?);;#(2.&/(!$6*,;&;.8)#(!&)! Q!>-#/#%!+#(!6+L4#(!N!&7(#%4#%!+#!
*.*,'2.8)#(! $%&'#(()(!*#!<,7%.',2.&/!#2!*#!').((&/!*#!
7%.8)#(!
Q!9#-,/*#%!,)H!6+L4#(!*#!*6'%.%#D!#/!
8)#+8)#(!+.;/#(D!2&)2!+#!$%&'#(()(!*#!
<,7%.',2.&/!*#(!7%.8)#(!').2#(D!'&--#!
2h'E#!'&-$+6-#/2,.%#!
Q!>-#/#%!+#(!6+L4#(!N!#H6')2#%!+#(!*.4#%(#(!
2h'E#(!#2!<,7%.8)#%!+#(!7%.8)#(!').2#(!
Q!P/(.(2#%!()%!+,!'&/(2%)'2.&/!*0)/!<&)%!N!
7%.8)#(!B64.2#%!+,!$#%2#!*#!'E,+#)%C!!
!
UAVJW!!
8I) :<J:7D<?/) =;89?8</)
V! A.2%#! \,7%.',2.&/!*#(!7+&'(!#/!'.-#/2!
W! :,26;&%.#!*#!(,4&.%(!#((#/2.#+(! ",!-,.(&/!
X! =%6Q%#8).(! Q!:&//,.((,/'#(!()%!+,!<,7%.',2.&/!*#(!
,*&7#(!#2!*#(!7%.8)#(!').2#(!
Y! =%6'.(.&/(!()%!+#(!'&/2#/)(! Q!d72#/2.&/!*#!-&%2.#%!N!$,%2.%!*)!-6+,/;#!
'.-#/2Q(,7+#Q#,)!*,/(!+,!$%&$&%2.&/!
%#8).(#!
Q!1H$&(.2.&/!*#(!7%.8)#(!N!+0,.%!+.7%#!#2!,)!
(&+#.+!
[! ?);;#(2.&/(!$6*,;&;.8)#(!&)! Q!>-#/#%!+#(!6+L4#(!,)$%L(!*0)/!7%.8)#2.#%!
*.*,'2.8)#(! $&)%!&7(#%4#%!+#!$%&'#(()(!*#!<,7%.',2.&/!
*#(!7+&'(!#/!'.-#/2!
Q!P/(.(2#%!()%!+0)2.+.(,2.&/!*0)/!-&)+#!N!7%.8)#!
*#!<&%-#!$,%,++6+6$.$6*.8)#!,4#'!*#(!
*.-#/(.&/(!%#8).(#(!O!*#!+,%;#)%!*#!Vi!'-!
&)!V[!'-D!*#!+&/;)#)%!*#!Wi!'-!#2!*#!
E,)2#)%!!!
))! 11
!
Q!9#-,/*#%!,)H!6+L4#(!*#!%6,+.(#%!)/#!
(@/2EL(#D!#/!8)#+8)#(!+.;/#(D!*#!2&)2!+#!
$%&'#(()(!*#!<,7%.',2.&/!*#(!7+&'(!#/!
'.-#/2!
Q!>-#/#%!+#(!6+L4#(!N!#H6')2#%!#)HQ-M-#(!
+#(!*.4#%(#(!2h'E#(!#2!<,7%.8)#%!+#(!7+&'(!
#/!'.-#/2J!!!!!!
!
UAVJX!!
!8I) :<J:7D<?/) =;89?8</)
V! A.2%#! :E&.H!*)!2#%%,./!
W! :,26;&%.#!*#!(,4&.%(!#((#/2.#+(! ",!U,.(&/!
X! =%6Q%#8).(! Q!:&//,.((,/'#!#2!',$,'.26(!N!.*#/2.<.#%!+#(!
',%,'26%.(2.8)#(!*)!(&+!#2!+#(!<&%-#(!
;6&-62%.8)#(!K!
Q!:,$,'.26!*0#<<#'2)#%!+#!-#()%,;#!*#(!
+&/;)#)%(!#2!+#!',+')+!*#(!,.%#(!!
Y! =%6'.(.&/(!()%!+#(!'&/2#/)(! 12,7+.%!+#(!%#+,2.&/(!#/2%#!+,!8),+.26!*)!(&+D!+#!
;#/%#!*#!'&/(2%)'2.&/!8)#!()$$&%2#!'#!(&+D!
#2!+#(!'&/2%,./2#(!7)*;62,.%#(!
[! ?);;#(2.&/(!$6*,;&;.8)#(!&)! P/4.2#%!)/!./;6/.#)%!#/!7h2.-#/2(!#2!2%,4,)H!
*.*,'2.8)#(! $)7+.'(! #2! )/! ,%'E.2#'2#! $&)%! $,%+#%! ,)H!
6+L4#(!()%!'#!+.#/!#/2%#!8),+.26!*)!(&+D!+#!$+,/!
*)!2#%%,./!#2!+#!'&g2!*#!+,!'&/(2%)'2.&/J!!
!
UAVJY!!
8I) :<J:7D<?/) =;89?8</)
V! A.2%#! 1+,7&%,2.&/!*)!$+,/!
W! :,26;&%.#!*#!(,4&.%(!#((#/2.#+(! U,.(&/!
X! =%6Q%#8).(! :&//,.((,/'#!()%!O!
Q!+#(!/&2.&/(!*#!-#()%#!#2!*06'E#++#!
Q!+0&%.#/2,2.&/!*)!$+,/!
Y! =%6'.(.&/(!()%!+#(!'&/2#/)(! 5#/*%#! *.($&/.7+#! +#(! ./(2%)-#/2(!
,$$%&$%.6(!$&)%!2%,'#%!+#!$+,/!*0)/#!-,.(&/!
=%6'.(.&/! ()%! ! +#(! *.-#/(.&/(! %6#++#! *#! +,!
-,.(&/!N!'&/(2%).%#!$,%!#H#-$+#!j-!H!VW-!
[! ?);;#(2.&/(!$6*,;&;.8)#(!&)! >-#/#%!+#(!6+L4#(!N!2#/.%!'&-$2#!*#!2&)(!+#(!
*.*,'2.8)#(! $,%,-L2%#(! +.6(! N! +06+,7&%,2.&/! *0)/! $+,/!
B'+.-,2D!%#+.#<D!8),+.26!*)!(&+D!#2'JC!
!
!
!
!
!
12 )+!
!
!
UAVJ[!
8I) :<J:7D<?/) =;89?8</)
V! A.2%#! P-$+,/2,2.&/!*)!$+,/!
W! :,26;&%.#!*#!(,4&.%(!#((#/2.#+(! U,.(&/!
X! =%6Q%#8).(! QU,S2%.(#! *)! ',+')+! *#! +06'E#++#!B*.-#/(.&/!
()%!+#!*#((./`*.-#/(.&/!%6#++#CJ!
QP*#/2.<.',2.&/! *0)/! $+,/! *)! 2#%%,./! #2! *0)/!
$+,/!*#!+,!-,.(&/!
Q!I2.+.(,2.&/!*#(!./(2%)-#/2(!*#!-#()%#!
Y! =%6'.(.&/(!()%!+#(!'&/2#/)(! "#! 2%,R,;#! *)! $+,/! ()%! +#! 2#%%,./! .-$+.8)#!
+0)2.+.(,2.&/!*#(!./(2%)-#/2(!*#!-#()%#D!*#(!
$.8)#2(!,4#'!*#(!<.'#++#(!$&)%!+#!-,%8),;#!
*)! 2%,'6D! ,./(.! 8)#! ! *#(! &)2.+(! *#!
2#%%,((#-#/2!$&)%!+#(!<&).++#(!
[! ?);;#(2.&/(!$6*,;&;.8)#(!&)! b.(.2#! ;).*6#! *0)/! 'E,/2.#%! *#! '&/(2%)'2.&/!
*.*,'2.8)#(! ,4#'! $&((.7.+.26! $&)%! +#(! 6+L4#(! *#!
8)#(2.&//#%!+#(!;#/(!*)!-62.#%!
!
UAVJe!!
8I) :<J:7D<?/) =;89?8</)
V! A.2%#! ",!-,R&//#%.#!
W! :,26;&%.#!*#(!(,4&.%(!#((#/2.#+(!! ",!U,.(&/!
X! =%6Q%#8).(! :&//,.((,/'#(!()%!O!
Q! +,!'&/(2%)'2.&/!*0)/#!',(#!
Q! +,!<,7%.',2.&/!*#(!7%.8)#(!
Y! =%6'.(.&/(!()%!+#(!'&/2#/)(! Q! 962#%-./,2.&/! *#! +,! 8),/2.26! *#! '.-#/2D!
(,7+#!#2!*#!+0#,)!
Q! =%&$&%2.&/(! %#8).(#(! *#! -6+,/;#! '.-#/2Q
(,7+#Q#,)!
Q! 1-7&.2#-#/2! *#(! 7%.8)#(! #/! 4)#! *#!
(2,7.+.(#%!+#(!-)%(!
[! ?);;#(2.&/(!$6*,;&;.8)#(!&)! Q! >-#/#%!+#(!6+L4#(!*,/(!)/!'E,/2.#%!
*.*,'2.8)#(! Q! =%6(#/2#%! ,)H! 6+L4#(! +#(! &)2.+(!
/6'#((,.%#(!$&)%!-,./2#/.%!+#!-)%!*%&.2J!
Q! \,.%#!4&.%!,)H!6+L4#(!+,!-,/.L%#!*#!$&(#%!
+#(!7%.8)#(!$&)%!64.2#%!+#(!F&./2(!4#%2.',)HJ!
Q! ",.((#%! <,.%#! +#(! 6+L4#(! +,! $%,2.8)#! *#! '#!
8)0.+(!&/2!4)!*,/(!+#!'E,/2.#%!
!
!
!
!
!
),! 13
!
UAVJf!!
8I) :<J:7D<?/) =;89?8</)
V! A.2%#! ",!A&.2)%#!
W! :,26;&%.#!*#(!(,4&.%(!#((#/2.#+(! ",!U,.(&/!
X! =%6Q%#8).(! :&//,.((,/'#(!()%!O!
Q! +06+64,2.&/!*#(!-)%(!
Q! 8)#+8)#(!'&%$(!.-$#%-6,7+#(!
Y! =%6'.(.&/(!()%!+#(!'&/2#/)(! Q! :E&.H!*#(!-,26%.,)H!
Q! U#()%#!*#(!-,26%.#+(!N!)2.+.(#%!
Q! :&)$#!*#(!-,26%.#+(!
Q! :,+')+!*#(!,/;+#(!
Q! >((#-7+,;#! *#(! *.<<6%#/2#(! $.L'#(! #/!
<#%-#!
Q! U.(#!*#!2T+#!()%!+,!'E,%$#/2#!
[! ?);;#(2.&/(!$6*,;&;.8)#(!&)! Q! >-#/#%!+#(!6+L4#(!,)$%L(!*0)/!'E,%$#/2.#%!
*.*,'2.8)#(! $&)%!&7(#%4#%!+#!$%&'#(()(!*#!<,7%.',2.&/!
*0)/#!2&.2)%#J!
Q! P/(.(2#%!()%!+,!/6'#((.26!*0,4&.%!)/#!2&.2)%#!
62,/'E#!
Q! >-#/#%!+#(!6+L4#(!N!#H6')2#%!#)HQ-M-#(!
+#(! *.4#%(#(! 2h'E#(! 8).! '&/(.(2#! N! $&(#%!
)/#!2&.2)%#!
Q! >-#/#%!+#(!6+L4#(!N!#H6')2#%!#)HQ-M-#(!
+#(!*.4#%(#(!2h'E#(!8).!'&/(.(2#/2!N!$&(#%!
)/#!2&.2)%#!
!
UAVJj!
!
8I) :<J:7D<?/) =;89?8</)
V! A.2%#! =&%2#(!#2!<#/M2%#(!
W! :,26;&%.#!*#!(,4&.%(!#((#/2.#+(! U,.(&/!
X! =%6Q%#8).(! :&//,.((,/'#(!O!!!
Q! *#!*.4#%(!-,26%.,)H!)2.+#(!N!+,!<,7%.',2.&/!
*#!<#/M2%#(!B4,%.626(!*#!7&.(D!*#!-62,+!#2!
+#)%!($6'.<.'.26D!+06$,.((#)%!*#(!4.2%#(!#2'JC!
Q! *#!*.4#%(!!'&-$&(,/2(!*0)/#!<#/M2%#D!!!!!!!!!!!!!
Q! *#! -#()%,;#! *#(! <&%-#(! ;6&-62%.8)#(!
B<.;)%#(D!,/;+#(C!!!!!!!!!!!!!!!!!!!!!!!!!
Y! =%6'.(.&/(!()%!+#(!'&/2#/)(! ",! *%&.2)%#! *#(! ,/;+#(! #2! *#(! $%&<.+(! *#(!
$&%2#(! #2! *#(! <#/M2%#(! *&.2! M2%#! 46%.<.6#! #2!
%#'2.<.6#!;%h'#!N!+068)#%%#D!+#!/.4#,)!N!7)++#!
*0,.%! #2'J! b6%.<.',2.&/! #2! '&%%#'2.&/! *#! +,!
-,/.,7.+.26!*#(!$&%2#(!#2!<#/M2%#(!$&)%!64.2#%!
8)0#++#(!;%./'#/2!&)!<%&22#/2!!
14 )#!
!
[! ?);;#(2.&/(!$6*,;&;.8)#(!&)! b.(.2#!;).*6#!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!*#(!
*.*,'2.8)#(! ,2#+.#%(!-62,++.8)#(!#2!*#(!-#/).(#%.#(!O!+#(!
6+L4#(!@!,((.(2#%&/2!N!+,!*6-&/(2%,2.&/!*#(!
*6'&)$#(! #2! *#(! ,((#-7+,;#(! *#!
*.<<6%#/2#(!$.L'#(!(&)(!+#!'&--#/2,.%#!*#(!
;#/(! *#(! -62.#%(!K! #H$+&.2#%! ! '#(! '+,((#(Q
4.(.2#(!$&)%!,$$%#/*%#!,)H!6+L4#(!!N!)2.+.(#%!
+#(!./(2%)-#/2(!#2!&)2.+(!%#8).(!
!
UAVJk!
8I) :<J:7D<?/) =;89?8</)
V! A.2%#! "#!'%6$.((,;#!
W! :,26;&%.#!*#!(,4&.%(!#((#/2.#+(! ",!U,.(&/!
X! =%6Q%#8).(! d72#/2.&/!*)!-&%2.#%!().4,/2!+#(!$%&$&%2.&/(!
%#8).(#(!
Y! =%6'.(.&/(!()%!+#(!'&/2#/)(! Q! >'8).(.2.&/(!*#(!-,26%.,)H!
Q! A#'E/.8)#!*#!'%6$.((,;#!
[! ?);;#(2.&/(!$6*,;&;.8)#(!&)! Q! >-#/#%!+#(!6+L4#(!N!%#($#'2#%!+#!-6+,/;#!
*.*,'2.8)#(! '.-#/2Q(,7+#Q#,)!$&)%!)/!7&/!'%6$.((,;#!
!
UAVJVi!
8I) :<J:7D<?/) =;89?8</)
V! A.2%#! "#!%#4M2#-#/2!
W! :,26;&%.#!*#!(,4&.%(!#((#/2.#+(! ",!U,.(&/!
X! =%6Q%#8).(! Q! "#!'%6$.((,;#!
Q! "#!-&%2.#%!
Y! =%6'.(.&/(!()%!+#(!'&/2#/)(! Q!A#'E/.8)#!*#!%#4M2#-#/2!
[! ?);;#(2.&/(!$6*,;&;.8)#(!&)! Q! 962#%-./#%!+#(!<&%-#(!*#(!$.L'#(!
*.*,'2.8)#(! Q! P*#/2.<.#%!+#(!*.<<6%#/2(!2@$#(!*#!',%%#,)H!
Q! :E&.(.%!+,!7&//#!8),+.26!*#(!',%%#,)H!
!
UAVJVV!
8I) :<J:7D<?/) =;89?8</)

V! A.2%#! "#!$+,<&/*!
W! :,26;&%.#!*#!(,4&.%(!#((#/2.#+(! U,.(&/!
X! =%6Q%#8).(! !:&//,.((,/'#!()%!O!
Q! +#(!($6'.<.'.26(!*#(!-,26%.,)H!N!)2.+.(#%!
Q! +#(! 2#'E/.8)#(! *#! *6'&)$,;#! *#(!!!!
-,26%.,)H!
Y! =%6'.(.&/(!()%!+#(!'&/2#/)(! Q! :,+')+!*#(!,.%#(!*!+,!()%<,'#!N!$+,<&//#%!
Q! :E&.H! #2! *6'&)$,;#! *#(! -,26%.,)H!
,$$%&$%.6(! B'E#4%&/(D! +,22#(D! '+&)(D!
2%.$+#HlC!
Q! \&%-,2.&/!*)!*,-.#%!#2!$&(#!*)!$+,<&/*!
)$! 15
!
Q! P/(2,++,2.&/!*#(!(&)$.%,.+!%#'&)4#%2(!*0)/#!
2%#.++.(!$&)%!+0,6%,2.&/J!!
[! ?);;#(2.&/(!$6*,;&;.8)#(!&)! Q!>-#/#%!+#(!6+L4#(!N!&7(#%4#%!+,!$&(#!*)!
*.*,'2.8)#(! $+,<&/*! *,/(! )/! 'E,/2.#%! #2! #/! $%6'.(,/2!
+0.-$&%2,/'#!*)!$+,<&/*!*,/(!)/#!-,.(&/!
!
UAVJVW!
8I) :<J:7D<?/) =;89?8</)
V! A.2%#! >-#)7+#-#/2!
W! :,26;&%.#!*#!(,4&.%(!#((#/2.#+(! ",!-,.(&/!
X! =%6Q%#8).(! Q! :&//,.((,/'#!()%!+,!-,/.L%#!*068).$#%!(,!
-,.(&/!
Y! =%6'.(.&/(!()%!+#(!'&/2#/)(! Q! :&/2%T+#!*#!+,!8),+.26!*#!7&.(!N!)2.+.(#%!
Q! :E&.H!*)!-&*L+#!*#(!-#)7+#(!N!,'E#2#%!
Q! ?#! %#/*%#! '&-$2#! (.! +#(! -#)7+#(! (&/2!
(&+.*#(!#2!<,'.+#!N!#/2%#2#/.%J!
[! ?);;#(2.&/(!$6*,;&;.8)#(!&)! Q! >-#/#%! +#(! 6+L4#(! N! )/! #/*%&.2! &m! (&/2!
*.*,'2.8)#(! #H$&(6(!+#(!*.<<6%#/2(!-#)7+#(!!
!
UAVJVX!
!
8I) :<J:7D<?/) =;89?8</)
V! A.2%#! 96'&%,2.&/!
W! :,26;&%.#!*#!(,4&.%(!#((#/2.#+(! U,.(&/!
X! =%6Q%#8).(! :&//,.((,/'#(! #2! ,$2.2)*#(!()%!O!!!!!!!!!!!!!!!!!!!!!!!
+#! F#)! #2! +0E,%-&/.#! *#(! '&)+#)%(! #2! *#(!!
+)-.L%#(!
Y! =%6'.(.&/(!()%!+#(!'&/2#/)(! "0,;#/'#-#/2! *#! +0#($,'#! *,/(! +#(! $.L'#(!
*0)/#! -,.(&/! %6$&/*! N! )/#! #H.;#/'#! 2,/2!
$%,2.8)#! 8)0#(2E62.8)#J! :#%2,./#(! '&)+#)%(!
(#-7+#/2!6+,%;.%!+0#($,'#!2,/*.(!8)#!*0,)2%#(!
$%&*).(#/2! +0#<<#2! ./4#%(#J! ",! +)-.L%#!
/,2)%#++#! $#)2! M2%#! '&-7./6#! N! +,! +)-.L%#!
,%2.<.'.#++#! $&)%! '%6#%! )/#! ,2-&($EL%#!
$+,.(,/2#!
[! ?);;#(2.&/(!$6*,;&;.8)#(!&)! Q! =%6,+,7+#-#/2!,)!2%,.2#-#/2!*0)/#!(.2),2.&/!
*.*,'2.8)#(! %6#++#D! <,.%#! #H6')2#%! $,%! +#(! 6+L4#(! *#(!
#H#%'.'#(!*#!'&&%*./,2.&/!*#(!'&)+#)%(!
Q! P/4.2#%! )/! $#./2%#!8).! <#%,!)/!#H$&(6! ,4#'!
*6-&/(2%,2.&/! ()%! +,! '&-7./,.(&/! #2!
+0E,%-&/.#! *#(! '&)+#)%(! #2! +0.-$,'2! 8).! #/!
*6'&)+#!
!
!
!
16 )%!
!
UAVJVY!
8I) :<J:7D<?/) =;89?8</)
V! A.2%#! 3&)',/,;#!#2!(6'E,;#!
W! :,26;&%.#!*#!(,4&.%(!#((#/2.#+(! >+.-#/2(!
X! =%6Q%#8).(! Q! :&//,.((,/'#(! ;6/6%,+#(! ()%! +#(!
',%,'26%.(2.8)#(!*#!+,!<)-6#!
Q! "#(!*.<<6%#/2(!-&*#(!*#!'&/(#%4,2.&/!*#(!
,+.-#/2(!
Y! =%6'.(.&/(!()%!+#(!'&/2#/)(! "#! %6;+,;#! *#! +0./2#/(.26! *#! +,! <)-6#! #(2!
<&/'2.&/!*#!+,!8),/2.26!*)!7&.(J!P+!<,)2!$+,'#%!
)/! $,%#Q<#)! $&)%! 7.#/! ',/,+.(#%! +,! <)-6#J!
A#/.%!'&-$2#!*#!'#(!$,%,-L2%#(!$&)%!64.2#%!
8)#!+#(!4.4%#(!(#!7%g+#/2!
[! ?);;#(2.&/(!$6*,;&;.8)#(!&)! 12,7+.%!+,!*.<<6%#/'#!#/2%#!;%.++#%!#2!<)-#%!)/!
*.*,'2.8)#(! ,+.-#/2J! >$%L(! )/#! 4.(.2#! N! )/! (6'E&.%D! +#(!
6+L4#(! 4&/2! '&/(2%).%#! +#)%! $%&$%#! (6'E&.%!
()%!*#(!'&+&//#(!#/!7%.8)#(!').2#(!8)0.+(!&/2!
$%6,+,7+#-#/2! <,7%.8)6#(J! I2.+.(,2.&/! *)!
(6'E&.%! '&/(2%).2! $&)%! 7&)',/#%! 8)#+8)#(!
$&.((&/(!'E./'E,%*(!&)!*#!+,!4.,/*#!<%,.'E#!
!
UAVJV[!
8I) :<J:7D<?/) =;89?8</)
V! A.2%#! :&/;6+,2.&/!#2!(,+,.(&/!
W! :,26;&%.#!*#!(,4&.%(!#((#/2.#+(! >+.-#/2(!
X! =%6Q%#8).(! :&//,.((,/'#(!()%!O!
Q! +#(!$&.((&/(!&)!4.,/*#(!'&/;#+6(!
Q! +#(!$&.((&/(!(,+6(!
Y! =%6'.(.&/(!()%!+#(!'&/2#/)(! Q! >'8).(.2.&/!#2!+,4,;#!*#(!,+.-#/2(!
Q! ?,+,;#! #2! #H$&(.2.&/! *#(! ,+.-#/2(! ,)!
(&+#.+!
[! ?);;#(2.&/(!$6*,;&;.8)#(!&)! Q! >-#/#%! +#(! 6+L4#(! N! 4.(.2#%! +,! 'E,-7%#!
*.*,'2.8)#(! <%&.*#!
Q! P/*.8)#%! +#(! *.<<6%#/2#(! 62,$#(! $,%!
+#(8)#++#(!$,((#/2!+#(!,+.-#/2(!+&%(!*#!+,!
(,+,.(&/!
!
!
!
!
!
!
!
)&! 17
!
UAVJVe!
8I) :<J:7D<?/) =;89?8</)
V! A.2%#! 1/2%#2.#/!*#(!E,7.2(!
W! :,26;&%.#!*#!(,4&.%(!#((#/2.#+(! "#(!4M2#-#/2(!
X! =%6Q%#8).(! :&//,.((,/'#!()%!+#!2.((,;#!#2!+,!'&/<#'2.&/!
*#(!E,7.2(J!
Y! =%6'.(.&/(!()%!+#(!'&/2#/)(! Q! :&-$,%,.(&/! #/2%#! +#(! 4M2#-#/2(! *#(!
'+.-,2(!'E,)*!#2!<%&.*!
Q! P*#/2.<.',2.&/!*#!*.<<6%#/2#(!<.7%#(!
[! ?);;#(2.&/(!$6*,;&;.8)#(!&)! >-#/#%! +#(! 6+L4#(! N! &7(#%4#%! '&--#/2!
*.*,'2.8)#(! +,4#%! +#(! E,7.2(! #2! '&--#/2! %,''&--&*#%!
+#(!4M2#-#/2(!,)$%L(!*0)/!'&)2)%.#%!
!
UAVJVf!
8I) :<J:7D<?/) =;89?8</)
V! A.2%#! "#(!*.4#%(!-62.#%(!#2!+#)%(!&)2.+(!*#!2%,4,.+!
W! :,26;&%.#!*#!(,4&.%(!#((#/2.#+(! "#!'&%$(!*#!-62.#%(!
X! =%6Q%#8).(! :&//,.((,/'#(!()%!+#(!-62.#%(!*)!-.+.#)!
Y! =%6'.(.&/(!()%!+#(!'&/2#/)(! Q! P*#/2.<.',2.&/!*#(!'&/2%,./2#(!#2!#H.;#/'#(!
*#!'E,8)#!-62.#%!!!!!!
Q! P*#/2.<.',2.&/! #2! -,/.#-#/2! *#(!
./(2%)-#/2(! #2! &)2.+(! *#! 2%,4,.+! $&)%!
'E,8)#!-62.#%!
[! ?);;#(2.&/(!$6*,;&;.8)#(!&)! d%;,/.(,2.&/!*#!+,!'+,((#!#/!$+)(.#)%(!(&)(Q
*.*,'2.8)#(! ;%&)$#(!8).!#<<#'2)#%&/2!*#(!4.(.2#(!N!*.4#%(!
,2#+.#%(!#2!'E,/2.#%(!$&)%!&7(#%4#%!#2!$&(#%!
*#(! 8)#(2.&/(! ()%! +#(! &)2.+(! #2! +#)%!
-,/.#-#/2J! >4,/2! +0)2.+.(,2.&/! #<<#'2.4#! *#!
'#(! &)2.+(! *,/(! 8)#+8)#(! 2%,4,)H! $%,2.8)#(!
+#(! 6+L4#(! $&)%%,.#/2! +#(! *#((./#%! #2! #/!
*6'%.%#!+,!-,/.$)+,2.&/J!!
!
! )
18 )'!
!
777H))9?=B8;F;>7?/)!?)FG78A;:1@97;8)?9)!?)F@)=;11<87=@97;8)
!
UAP:VJV!
!
8I) :<J:7D<?) =;89?8<)
V! A.2%#! :&/'#$2(!;6/6%,)H!*#!+0P/<&%-,2.8)#!
W! :,26;&%.#!*#!(,4&.%(!#((#/2.#+(! ]6/6%,+.26(!()%!+0P/<&%-,2.8)#!O!!
:&/'#$2(!;6/6%,)H!*#!+0P/<&%-,2.8)#J!
X! =%6%#8).(! ?,4&.%!+.%#D!6'%.%#!#2!$,%+#%!
Y! =%6'.(.&/(!()%!+#(!'&/2#/)(! :#!'&/2#/)!$&%2#!()%!+#(!:&//,.((,/'#(!*#!
7,(#! *#! +0./<&%-,2.8)#! B96<./.2.&/(D!
2#%-./&+&;.#(D!)(,;#(D!#2'JCD!(&/!64&+)2.&/!,)!
'&)%(!*)!2#-$(!#2!*#!(&/!.-$&%2,/'#!*,/(!+,!
(&'.626J!
[! ?);;#(2.&/(!$6*,;&;.8)#(!&)! "! :#! 8)#(2.&//,.%#! *0#/8)M2#! *&.2! M2%#!
*.*,'2.8)#(! 6+,7&%6! $,%! +#(! 6+L4#(! (&)(! +,!!!!!!!!!!
! *.%#'2.&/!*#!+0#/(#.;/,/2J!!
"! P+!#(2!N!(&)-#22%#!N!/0.-$&%2#!8)#+!'&%$(!
*#!-62.#%!8).!%#'&)%2!N!+0P/<&%-,2.8)#!*,/(!
+0#/4.%&//#-#/2!.--6*.,2!*#(!6+L4#(J!
"! P+!*&.2!$&%2#%!()%!+#!/.4#,)!*0)2.+.(,2.&/!*#!
+0P/<&%-,2.8)#!*,/(!+0#H#%'.'#!*)!-62.#%J!!
!
UAP:VJW!
!
8I) :<J:7D<?) =;89?8<)
V! A.2%#! =%6(#/2,2.&/!*#!+0d%*./,2#)%!
W! :,26;&%.#!*#!(,4&.%(!#((#/2.#+(! ]6/6%,+.26(!*#!+aP/<&%-,2.8)#!O!=%6(#/2,2.&/!
*#!+ad%*./,2#)%!
X! =%6%#8).(! :&//,.((,/'#!*#(!2#%-./&+&;.#(!*#!7,(#!*#!
! +0./<&%-,2.8)#!
Y! =%6'.(.&/(!()%!+#(!'&/2#/)(! P+!(0,;.2!.'.!*#!+,!*6'&)4#%2#!*#!+0&%*./,2#)%!O!
A@$#(!#2!;6/6%,2.&/(!
[! ?);;#(2.&/(!$6*,;&;.8)#(!&)! >-#/#%!+#(!6+L4#(!N!4.(.2#%!)/#!./(2.2)2.&/!&m!
*.*,'2.8)#(! +0&/! $#)2! 2%&)4#%! *#(! &%*./,2#)%(! *,/(!
! +0#/4.%&//#-#/2! .--6*.,2! #2! '&-$,%#%! )/!
&%*./,2#)%! $&%2,7+#! #2! )/! &%*./,2#)%! *#!
7)%#,)J!!
!
!
!
!
!
)(! 19
!
UAP:VJX!
!
8I) :<J:7D<?) =;89?8<)
V! A.2%#! "#(!$6%.$E6%.8)#(!*#!7,(#!
W! :,26;&%.#!*#!(,4&.%(!#((#/2.#+(! ]6/6%,+.26(!*#!+0P/<&%-,2.8)#!O!"#(!
$6%.$E6%.8)#(!*#!7,(#!
X! =%6%#8).(! :&//,.((,/'#(!()%!+0&%*./,2#)%!
Y! =%6'.(.&/(!()%!+#(!'&/2#/)(! :#!'&/2#/)!$&%2#!()%!+,!*6'&)4#%2#!*#(!
'&-$&(,/2(!B=%&'#((#)%D!U6-&.%#(D!
*.(8)#(D!)/.26(!1/2%6#`?&%2.#lJC!#2!*#(!
$6%.$E6%.8)#(!*#!7,(#!B1'%,/D!:+,4.#%D!
?&)%.(D!lJJC!*0)/!&%*./,2#)%J!!!
[! ?);;#(2.&/(!$6*,;&;.8)#(!&)! P/(.(2#%!()%!O!!
*.*,'2.8)#(! "! +#!<&/'2.&//#-#/2!./2#%/#!*#!+0&%*./,2#)%!
! "! +#(!I/.26(!*0#/2%6#`(&%2.#!
"! +#(! $6%.$E6%.8)#(! #2! +#(! $&%2(! *#!
'&--)/.',2.&/!
!
UAP:VJY!
!
8I) :<J:7D<?) =;89?8<)
V! A.2%#! \&/*,-#/2,)H!*#!n./*&o(!
W! :,26;&%.#!*#!(,4&.%(!#((#/2.#+(! ]6/6%,+.26(!*#!+0P/<&%-,2.8)#!O!
\&/*,-#/2,)H!*#!n./*&o(!
X! =%6%#8).(! "#!<&/'2.&//#-#/2!*0)/!&%*./,2#)%!
Y! =%6'.(.&/(!()%!+#(!'&/2#/)(! :#!'&/2#/)!4.(#!N!,.*#%!+#(!6+L4#(!N!(#!
<,-.+.,%.(#%!,4#'!+0./2#%<,'#!#2!
+0#/4.%&//#-#/2!n./*&o(!O!P'T/#(D!3)%#,)D!
<#/M2%#(D!#2'l!
[! ?);;#(2.&/(!$6*,;&;.8)#(!&)! =+)(.#)%(! 2@$#(! *#! -,/.$)+,2.&/(! $#)4#/2!
*.*,'2.8)#(! M2%#!$%&$&(6(!,)H!6+L4#(!O!
! "! ,''6*#%!,)!'&/2#/)!*0)/!:9!
"! ?',//#%!)/!*&')-#/2!
"! A%,.2#%!)/#!.-,;#!
"! 12'lJ!!!
!
!
!
!
!
!
!
!
20 +*!
!
UAP:VJ[!
8I) :<J:7D<?) =;89?8<)
V! A.2%#! \.'E.#%(!#2!%6$#%2&.%#(!
W! :,26;&%.#!*#!(,4&.%(!#((#/2.#+(! ]6/6%,+.26(!*#!+0P/<&%-,2.8)#!O!\.'E.#%(!#2!
%6$#%2&.%#(!
X! =%6%#8).(! ?,4&.%!-,/.$)+#%!+#(!<#/M2%#(!n./*&o(!
Y! =%6'.(.&/(!()%!+#(!'&/2#/)(! P+!(0,;.2!*#!+062)*#!,$$%&<&/*.#!*#(!<.'E.#%(!#2!
%6$#%2&.%#(J!
[! ?);;#(2.&/(!$6*,;&;.8)#(!&)! "#(! /&2.&/(! ().4,/2#(! *&.4#/2! M2%#!
*.*,'2.8)#(! *62,.++6#(!O!
! "! \&%-,2(!*#(!<.'E.#%(!
"! A,.++#!*#(!<.'E.#%(!
"! 56$#%2&.%#(!#2!(&)(Q%6$#%2&.%#(J!
"#(! ,'2.4.26(! -#/,/2! N! '&/4#%2.%! +#(! <.'E.#%(!
*0)/! <&%-,2! N! )/! ,)2%#D! #2! *#(! '&$.#(! *#(!
<.'E.#%(! *,/(! *#(! %6$#%2&.%#(! #2! ()$$&%2(!
,-&4.7+#(!$#)4#/2!,)((.!M2%#!$%&$&(6#(J!
!
UAP:VJe!
8I) :<J:7D<?) =;89?8<)
V! A.2%#! >$#%R)!#2!)2.+.(,2.&/!*#!+0P/2#%/#2!
W! :,26;&%.#!*#!(,4&.%(!#((#/2.#+(! >$#%R)!#2!)2.+.(,2.&/!*#!+0P/2#%/#2!
X! =%6%#8).(! ?,4&.%!-,/.$)+#%!)/#!<#/M2%#!n./*&o(!
Y! =%6'.(.&/(!()%!+#(!'&/2#/)(! P+!(0,;.2!.'.!*#!+0./.2.,2.&/!N!+0)2.+.(,2.&/!*#!
+0P/2#%/#2!#2!+,!<,-.+.,%.(,2.&/!,4#'!P/2#%/#2!
[! ?);;#(2.&/(!$6*,;&;.8)#(!&)! P+! #(2! /6'#((,.%#! *#! *&//#%! )/! ,$#%R)!
*.*,'2.8)#(! E.(2&%.8)#! *#! +0P/2#%/#2! #2! *#! (&/! )2.+.(,2.&/J!
! "#! $,((,;#! #/! %#4)#! *#(! /,4.;,2#)%(!
P/2#%/#2!)()#+(!#(2!/6'#((,.%#J!
=+)(.#)%(! ,)2%#(! ,'2.4.26(! -#/,/2! N! +,!
'&/()+2,2.&/! *#(! ./<&%-,2.&/(! ()%! ./2#%/#2!
$#)4#/2!,)((.!M2%#!$%&$&(6#(J!
!
UAP:VJf!
8I) :<J:7D<?) =;89?8<)
V! A.2%#! ?.2#(!P/2#%/#2!#2!:,26;&%.#(!
W! :,26;&%.#!*#!(,4&.%(!#((#/2.#+(! ?.2#(!P/2#%/#2!#2!:,26;&%.#(!
X! =%6%#8).(! ?,4&.%!'&/()+2#%!P/2#%/#2!
Y! =%6'.(.&/(!()%!+#(!'&/2#/)(! P+!(0,;.2!*#!$%6(#/2#%!+#(!',26;&%.#(!*#(!(.2#(J!
[! ?);;#(2.&/(!$6*,;&;.8)#(!&)! P+!'&/4.#/2!*0./(.(2#%!()%!+#(!%L;+#(!*062E.8)#!
*.*,'2.8)#(! #2!()%!+,!/6'#((.26!*0,4&.%!)/!'&-$&%2#-#/2!
! %#($&/(,7+#!()%!P/2#%/#2!
+)! 21
!
!
UAP:VJj!
8I) :<J:7D<?) =;89?8<)
V! A.2%#! p,4.;,2#)%(!P/2#%/#2!#2!U&2#)%(!*#!
%#'E#%'E#!
W! :,26;&%.#!*#!(,4&.%(!#((#/2.#+(! p,4.;,2#)%(!P/2#%/#2!#2!U&2#)%(!*#!
%#'E#%'E#!
X! =%6%#8).(! ?,4&.%!)2.+.(#%!+0P/2#%/#2!
Y! =%6'.(.&/(!()%!+#(!'&/2#/)(! P+!#H.(2#!$+)(.#)%(!/,4.;,2#)%(!P/2#%/#2!#2!
$+)(.#)%(!-&2#)%(!*#!%#'E#%'E#D!#H$+.8)#%!
+#)%!<&/'2.&//#-#/2J!
P/(.(2#%!,)((.!$,%2.')+.L%#-#/2!()%!+#(!
%6(#,)H!(&'.,)H!8).!(&/2!,)F&)%*0E).!
*#4#/)(!)/!&)2.+!*#!'&--)/.',2.&/!2%L(!
#<<.','#J!!
[! ?);;#(2.&/(!$6*,;&;.8)#(!&)! 1/'&)%,;#%!+,!'%6,2.&/!#<<#'2.4#!*0)/#!$,;#!
*.*,'2.8)#(! P/2#%/#2!4.,!)/!%6(#,)!(&'.,+!N!$%&$&(#%!N!+,!
! 9.%#'2.&/J!?.!+,!$,;#!#H.(2#!*6FND!$%&$&(#%!+#(!
,'2.4.26(! 8).! ,-L/#/2! N! +0)2.+.(,2.&/! #<<#'2.4#!
*#!+,!$,;#!#/!8)#(2.&/J!!
=%&$&(#%! )/#! ,'2.4.26! *,/(! +,8)#++#! +#(!
6+L4#(! *%#((#/2! )/#! +.(2#! *#! /,4.;,2#)%(!
P/2#%/#2!#2!)/#!+.(2#!*#!-&2#)%(!*#!%#'E#%'E#J!!
!
UAP:VJk!
8I) :<J:7D<?) =;89?8<)
V! A.2%#! U#((,;#%.#!6+#'2%&/.8)#!
W! :,26;&%.#!*#!(,4&.%(!#((#/2.#+(! :&--)/.',2.&/!O!U#((,;#%.#!6+#'2%&/.8)#!
X! =%6%#8).(! ?,4&.%!)2.+.(#%!+0P/2#%/#2!
Y! =%6'.(.&/(!()%!+#(!'&/2#/)(! P+!(0,;.2!.'.!*0./.2.#%!+#(!6+L4#(!N!+0)2.+.(,2.&/!*#!
+,!-#((,;#%.#!6+#'2%&/.8)#J!!
[! ?);;#(2.&/(!$6*,;&;.8)#(!&)! >.*#%!+#(!6+L4#(!N!&)4%.%!'E,')/!)/#!7&.2#!*#!
*.*,'2.8)#(! -#((,;#%.#D! *#! $%6<6%#/'#D! 2&)(D! ,)$%L(!
! *0)/!(#)+!&$6%,2#)%!Bq,E&&D!]&&;+#D!r&2-,.+D!
#2'lC!#2!+#(!./'.2#%!N!(&/!)2.+.(,2.&/!'&)%,/2#J!
5#'&--,/*#%!N!2&)(!+#(!,)2%#(!#/(#.;/,/2(!
*#(! ,)2%#(! *.('.$+./#(! +0)2.+.(,2.&/! *#! +,!
-#((,;#%.#! 6+#'2%&/.8)#! $&)%! +#(! 2%,4,)H! N!
$%6(#/2#%!$,%!+#(!6+L4#(J!
!
!
!
!
22
++!
!
UAP:VJVi!
8I) :<J:7D<?) =;89?8<)
V! A.2%#! "#(!$.L'#(!F&./2#(!
W! :,26;&%.#!*#!(,4&.%(!#((#/2.#+(! :&--)/.',2.&/!O!"#(!$.L'#(!F&./2#(!
X! =%6%#8).(! U,S2%.(#! *#! +0)2.+.(,2.&/! *#! +,! -#((,;#%.#!
6+#'2%&/.8)#!
Y! =%6'.(.&/(!()%!+#(!'&/2#/)(! P+!(0,;.2!*#!(,4&.%!#H$+&.2#%!BN!+0#/4&.#!#2!N!+,!
%6'#$2.&/C!+#(!$.L'#(!F&./2#(!*,/(!+,!
-#((,;#%.#!6+#'2%&/.8)#J!
[! ?);;#(2.&/(!$6*,;&;.8)#(!&)! =%&$&(#%! *#(! ,'2.4.26(! 8).! ,-L/#/2! +#(!
*.*,'2.8)#(! 6+L4#(!N!+0)2.+.(,2.&/!*#(!$.L'#(!F&./2#(!*,/(!
! +,!-#((,;#%.#!6+#'2%&/.8)#J!!
"#(! 6+L4#(! $#)4#/2! '&--#/'#%! N! #/4&@#%!
,)H! #/(#.;/,/2(! +#)%(! '&$.#(! *#! *#4&.%(! N!
*&-.'.+#!$,%!$.L'#(!F&./2#(J!
!
UAP:VJVV!
8I) :<J:7D<?) =;89?8<)
V! A.2%#! >$#%R)!#2!/&2.&/(!6+6-#/2,.%#(!()%!
U.'%&(&<2!n&%*!
W! :,26;&%.#!*#!(,4&.%(!#((#/2.#+(! >$#%R)!#2!/&2.&/(!6+6-#/2,.%#(!()%!
U.'%&(&<2!n&%*!
X! =%6%#8).(! \&/*,-#/2,)H!*)!(@(2L-#!*0#H$+&.2,2.&/!
! n./*&o(!
Y! =%6'.(.&/(!()%!+#(!'&/2#/)(! P+!(0,;.2!*#!<,.%#!+062)*#!*#!U?!n&%*!,4#'!
(#(!&$2.&/(!*#!(,.(.#J!!
[! ?);;#(2.&/(!$6*,;&;.8)#(!&)! =%&$&(#%! *#(! ,'2.4.26(! 8).! $#%-#22#/2! ,)H!
*.*,'2.8)#(! 6+L4#(!*#!*64#+&$$#%!+#(!,$2.2)*#(!*#!(,.(.#!
! *#(!2#H2#(!*,/(!U?!n&%*J!
!
UAP:VJVW!
8I) :<J:7D<?) =;89?8<)
V! A.2%#! A%,.2#-#/2!*0)/!2#H2#!,4#'!U.'%&(&<2!n&%*!
W! :,26;&%.#!*#!(,4&.%(!#((#/2.#+(! A%,.2#-#/2!*0)/!2#H2#!,4#'!U.'%&(&<2!n&%*!
X! =%6%#8).(! U,S2%.(#! *#! +0#((#/2.#+! *#! U?! n&%*!B?,.(.#!
! *0)/!2#H2#C!!
Y! =%6'.(.&/(!()%!+#(!'&/2#/)(! P+!(0,;.2!*0)/#!62)*#!)/!$#)!$+)(!62#/*)#!*#!
n&%*D!-,.(!<&/*,-#/2,+#-#/2D!+#(!&$2.&/(!
*06*.2.&/!#2!*#!-.(#!#/!<&%-#!*#(!2#H2#(!#2!
*#(!*&')-#/2(!B+#!2%,.2#-#/2!*#!2#H2#!
$%&$%#-#/2!*.2CJ!
[! ?);;#(2.&/(!$6*,;&;.8)#(!&)! =%&$&(#%!*#(!,'2.4.26(!$#%-#22,/2!,)H!6+L4#(!
*.*,'2.8)#(! *#! 2%,4,.++#%! ()%! +,! $%6(#/2,2.&/! *#(!
! *&')-#/2(J!!
+,! 23
!
!
!
!
!
!
!
!
!
!
!
!
!
)
!
24
25
!"#$%&'($")*"+,-!./'($")*$)-,01,)
+'0'2/"!")*")&3"02"'10"+"0/)#!'+.
.'!"4)2"-,0*.'!")))))))))
"/)#!,5"22',00"&))
!"#$"%&$'&%()"*"$ $&+(
)
DIRECTION DES PROGRAMMES SCOLAIRES ET MATERIEL
DIDACTIQUE
) )
)
)
)
)
)
)
)
)
)
!"-
" $"'&)*"2 5'-A"2)*3"B#&,'/./',0)*"2)
+./!'-"2).)&3$2.
2 1")*"2)"02"
2 '10.0/2)*$)
*,+.'0")*3.##! !"0/'22.1")*"2)2-'"0-"2)
2))
)
C)*")2"
"#/"+%!").)D$
$ '0 )C )
()
)
)
Classe
Cla
lasse de
de 7èème
me année
année ddee l’Education
l’’E
Education de
de Base
B a se
)
)
)
Sous-Domaine : Sciences Physiques, Technologie, et Technologies de
l’Information et de la Communication
)
)
)
)
)
)
)
)
)
)
)
)
+67897:0;<8;<4)=>?@
26
©DIPROMAD/MEPSP, Kinshasa, Juillet 2018.

Conception et réalisation : Equipe Technique du Projet d’Education pour la Qualité et
la Pertinence des Enseignements aux niveaux Secondaire et
Universitaire.
Ce Recueil a été conçu avec le soutien de « LA BANQUE MONDIALE ».)
27
,-(
'E) 2-'"0-"2)#AF2'($"2G-A'+'")
)
5'-A")*3"B#&,'/./',0)*")+./!'-")0H)>?)
2I<JCKIL7M8N)O)!"#$%"$&'()*&+,'-$")'$.'' US76RMJJNLN8S)O'/?!-/-@-'A/AB5B'
'''''''''''''''''''''''''''-/0' "8JNM;878S)O'?CD?ED'
*MJPMQRM8N)O'!"#$%"$&'()*&#12$&304/5/6' ' *7SN)O'>F3GH3IG>H'
/MSTN)O'78'98.#:;$'$.'&$&'<.8.&'=)*&#12$&' -R7JJN)O)H:9$'6J'
-IKN)O'5!(0>+>' !VWVTN8PNJ)O'(;KL;899$'M2'CB!,'N#O;$&'P98%2$N&Q'
"K%&2N.<&,'E2#M$'$%'''8==2#'82'=;KL;899$'
+7SVTMNR)KMK7PSMX<N)R'0;8#$'
-ILQVSN8PN)R''
B=;:&'8OK#;';<8N#&<'NS$%&$9TN$'M$&'8".#O#.<&'=;K=K&<$&,'NS<N:O$'&$;8'"8=8TN$'M$'.;8#.$;'8O$"'&2"":&'$.'
M$' 98%#:;$' 8""$=.8TN$,' N$&' &#.28.#K%&' U8#&8%.' 8==$N' V' M$&' &8OK#;&' $&&$%.#$N&' M$' N8' "8.<LK;#$'
W'58.#:;$'X+')
"YNLQRN)KN)JMS<7SMI8)O'6%'=;<O#&#K%'M$'N8'=;K")8#%$'N$YK%'M$&'!"#$%"$&'()*&#12$&'$%'H:9$'8%%<$'
M$' NS6J' V' NS/%&.#.2.' M$' N8' EK9T$' M$' A#%&)8&8,' NS$%&$#L%8%.' BN8#%' M$98%M$' 82Z' <N:O$&' MS8==K;.$;'
")8"2%'2%'9K;"$82'M$'LN8YK%'M8%&'2%';<"#=#$%.'9<.8NN#12$'=K2;'2%$'N$YK%'=;<O2$'V'N8'>:;$')$2;$'
M$'N8'[K2;%<$+'B'NS)$2;$'=;<O2$,'#N'M$98%M$'MS8TK;M'82Z'<N:O$&'MS#M$%.#U#$;,'M$'%K99$;'N$&'M#UU<;$%.&'
KT[$.&'12#'&$'.;K2O$%.'M8%&'N8'&8NN$'M$'"N8&&$'$.'MS$%'MK%%$;'2%'%K9'L<%<;#12$'\'#N'N$2;'M$98%M$'=8;'
N8'&2#.$'M$'"8&&$;'2%$'";8#$'"K%.#%2$NN$9$%.'[2&12S82'=N2&'=$.#.'L;8#%+'(8;'N8'&2#.$,'#N'N$&'K;L8%#&$'$%'
=$.#.&'L;K2=$&,'N$2;'M$98%M$'MSKT&$;O$;'$.'M$'%K.$;'&2;'2%$'U#")$'N$'"K%.$%2'M2';<"#=#$%.'\'$%&2#.$'
")82UU$;'"$N2#]"#''V'>GG^'0+'B'N8'U#%'N8'128%.#.<'MS$82'8'T8#&&<+'7S$%&$#L%8%.'N$2;'M$98%M$'MS$Z=N#12$;'
N$&'=)<%K9:%$&'KT&$;O<&'$.'M$'"K9=8;$;'N$&';<&2N.8.&'KT.$%2&+'
.PSMZMSVJ)KN)R3N8JNM;878S) .PSMZMSVJ)KN)R3VR[ZN)
'E) .-/'\'/"2)'0'/'.&"2)
?E\VTMWMP7SMI8)KNJ)PI887MJJ78PNJ))) ?E)!VQI8JNJ)7<Y)X<NJSMI8J)
QTVPVKN8SNJ) '
0#.$_'12$N12$&'KT[$.&'=;<&$%.&'M8%&'N8' 48T#.,'T8%",'TK#&,'89=K2N$,'&.*NK,'"8)#$;,'$82,'8#;,'
&8NN$' $."+'
' '
CK%%$_'2%'%K9'L<%<;#12$'V'.K2&'"$&' 58.#:;$)
KT[$.&' )
=E+ISMZ7SMI8]*VPI<ZNTSN^) =E)-ILQTV_N8JMI8)KN)R7)JMS<7SMI8)
7$".2;$'&#N$%"#$2&$'M$'N8'&#.28.#K%'=8;'<N:O$'$.'
C$98%M$;'82Z'<N:O$&'M$'N#;$'
=8;'2%'K2'M$2Z'<N:O$&'V')82.$'OK#Z+' '
&#N$%"#$2&$9$%.'$.'V')82.$'OK#Z''N8'
)
&#.28.#K%+'
6Z=N#"8.#K%&' M$' N8' &#.28.#K%' =8;' 12$N12$&' <N:O$&' $.'
C$98%M$;'82Z'<N:O$&'M`KT&$;O$;'N$&'
8MK=.#K%'=8;'N8'"N8&&$'
KT[$.&'12#'N$&'$%.K2;$%.'$.'MS$Z=NK#.$;'N8'
' '
&#.28.#K%'
''E) .-/'\'/"2)#!'0-'#.&"2)
),T;78MJ7SMI8)KN)R7)PR7JJN)NS)PI8JM;8NJ) .PSMZMSVJ)J<T)RN)S76RN7<)KN)JQVPMWMP7SMI8)
C$98%M$;'82Z'<N:O$&'MS$Z=NK#.$;'N8'=;$9#:;$' •' a$&.#.2.#K%'M$'N8'M<U#%#.#K%'M$'N8'98.#:;$'
=8;.#$'M$'NS$Z$9=N$'M$'&#.28.#K%,'MSKT&$;O$;'$.' •' C#O#&#T#N#.<'M$'N8'98.#:;$+''
U;8L9$%.$;'''N8'";8#$'[2&12SV'&8';<M2".#K%'82Z'
•' !*9TKN#&8.#K%'M$'IG'=;$9#$;&'<N<9$%.&'M2'
=$.#.&'L;8#%&'M$'=K2&&#:;$+''(8;'N8'&2#.$,'#N'N$2;'
M$98%M$'MS$Z=N#12$;'N$'"K%"$=.'W'98.#:;$'X'+' .8TN$82'=<;#KM#12$+'
•' 6%29<;8.#K%'M$&'<.8.&'=)*&#12$&''M$'N8'
98.#:;$''
•' 08;8".<;#&8.#K%'M$&'<.8.&'=)*&#12$&'M$'N8'
98.#:;$'
'
'
)
28
,.(
'''E) 2F0/A"2")
(<NJSMI8J)KN)TVP7QMS<R7SMI8) #7TSMPMQ7SMI8)`)R7)QTIK<PSMI8)KN)R7)Ja8S_[JN)
' 78'98.#:;$'$&.'"$'MK%.'.K2.'KT[$.'$&.'U8#.'$.'12#'
a$&.#.2$;'N8'M<U#%#.#K%'M$'N8'98.#:;$' =K&&:M$'2%$'98&&$+'6Z$9=N$&'R'";8#$,'"8)#$;,'$82,'
' 8#;,'$."+'
' 7$&'=8;.#"2N$&'2N.#9$&'"K%&.#.2.#O$&'M$'N8'98.#:;$'
' &K%.'R'N$&'9KN<"2N$&'$.'N$&'8.K9$&'
b2$NN$&'&K%.'N$&'=8;.#"2N$&'2N.#9$&' '
"K%&.#.2.#O$&'M$'N8'98.#:;$'c' ' B.K9$' !*9TKN$' >I+'58L%<&#29' 5L'
' ' >+'4*M;KL:%$' 4' >F+'BN29#%#29' BN'
I+'4<N#29' 4$'
?K99$_'$.'&*9TKN#&$_'N$&'O#%L.'=;$9#$;&' '
F+'7#.)#29' 7#' >h+'!#N#"#29' !#'
<N<9$%.&'M2'.8TN$82'=<;#KM#12$+' ' h+'J<;*NN#29' J$'
' ' i+'JK;$' >i+'()K&=)K;$' ('
J'
' ' j+'08;TK%$' 0' >j+'!K2U;$' !'
' ' H+'B_K.$' ?' >H+'0)NK;$' 0N'
' ' k+'DZ*L:%$' D''
>k+'B;LK%' B;'
' ' l+'eN2K;' e'
>l+'(K.8&&#29' A'
>G+'?<K%' ?$'
' ' >>+'!KM#29' ?8' IG+'08N"#29' 08'
' '
' '
0#.$;'N$&'<.8.&'=)*&#12$&'UK%M89$%.82Z'M$'N8' 7S<.8.'&KN#M$'P";8#$,'"8)#$;,dQ,'NS<.8.'N#12#M$'P$82,'
98.#:;$'' 8N"KKN,dQ'$.'NS<.8.'L8_$2Z'P8#;,+++Q+'
' ?+J'R'#N'$Z#&.$'2%'128.;#:9$'<.8.'=)*&#12$'M$'N8'
' 98.#:;$'8==$N<'W'=N8&98'K2'<.8.'=N8&9#12$'X,'=8;'
' $Z$9=N$'R'N$'&KN$#N+'
' '
' 6.8.' (;K=;#<.<&'=)*&#12$&'
08;8".<;#&$;'N$&'=;K=;#<.<&'=)*&#12$&'M$&' =)*&#12$'
<.8.&'M$'N8'98.#:;$' ) !' C#&.8%"$'#%.$;9KN<"2N8#;$'L;8%M$'
' ) !' E;8%M$'8L#.8.#K%'M$&'=8;.#"2N$&'
' ) !' (8&'M$'UK;9$'=;K=;$'%#'M$'OKN29$'
' 179)
M<.$;9#%<'
'
' !' 0K9=;$&&#TN$'
' !' 6Z=8%&#TN$'
' !' C#N8.8TN$'
' ) !' C#&.8%"$'#%.$;9KN<"2N8#;$';<M2#.$'
' ) !' e8#TN$'8L#.8.#K%'M$&'=8;.#"2N$&'
) ) !' (8&'M$'UK;9$'=;K=;$'
) &MX<MKN)
) !' fKN29$'M<.$;9#%<'
) !' ($2'"K9=;$&&#TN$'
) !' ($2'$Z=8%&#TN$'
) !' ($2'M#N8.8TN$'
) ) !' C#&.8%"$'#%.$;9KN<"2N8#;$'
) ) $Z.;g9$9$%.';<M2#.$'
) 2IRMKN) !' ($.#.&'9K2O$9$%.&'M$'
) O#T;8.#K%'
)
!' eK;9$'=;K=;$'
)
) !' fKN29$'M<.$;9#%<'
) !' ?K%'"K9=;$&&#TN$'
) !' ?K%'$Z=8%&#TN$'
)
'
29
,/(
'\E)"\.&$./',0)
?E)\VTMWMP7SMI8)KNJ)7PX<MJ)J<T)RNJ)J7ZIMTJ) ?E)!VQI8JNJ)7<Y)X<NJSMI8J)]MSNLJ^))
NJJN8SMNRJ' '
8Q' ?K99$;'N$&'=8;.#"2N$&'2N.#9$&' 5KN<"2N$&'$.'8.K9$&'
"K%&.#.2.#O$&'M$'N8'98.#:;$' )
6.8.'&KN#M$,'<.8.'N#12#M$,'<.8.'L8_$2Z'$.'NS<.8.'
TQ' 0#.$;'N$&'M#UU<;$%.&'<.8.&'=)*&#12$&'M$'
=N8&9#12$'
N8'98.#:;$'
)
' )
=E)\VTMWMP7SMI8)K<)ST7MSNLN8S)KN)R7)JMS<7SMI8)=E)/T7MSNLN8S)Kb<8N)JMS<7SMI8)JMLMR7MTN)
-!'/"!"2)*3"\.&$./',0)
?E) 'SNLJ) =E) /T7MSNLN8S)KN)R7)JMS<7SMI8)JMLMR7MTN)
8Q' 'a<=K%&$'"K;;$".$'R'I3I' 8Q' ($;.#%$%"$'R''
TQ' 'a<=K%&$'"K;;$".$'R'F3F' TQ' '!.;2".2;$'R''
' "Q' a<&2N.8.'''R'
)
'
'
5'-A")*3"B#&,'/./',0)*")&.)+./!'-")0H)>=)
2I<JCKIL7M8N)O'!"#$%"$&'()*&+,'-$")%'$.' US76RMJJNLN8S)O'/?!-/-@-'A/AB5B'
-/0' "8JNM;878S)O'?CD?ED'
*MJPMQRM8N)O'!"#$%"$&'()*&#12$&304/5/6' ' *7SN)O''
/MSTN)O'78'98.#:;$'$.'&$&'<.8.&'=)*&#12$&' -R7JJN)O)H:9$'6J'
P&2#.$Q' !VWVTN8PNJ)O'(;KL;899$'M2'EB!,'''L2#M$'$%'8==2#'
-IKN)O'5!(0>+>' 82'=;KL;899$,'98%2$N&'PN#O;$&Q'"K%&2N.<&'
+7SVTMNR)KMK7PSMX<N)O)'''JNK"'M$'LN8YK%,';<"#=#$%.'
9<.8NN#12$,'.)$;9K9:.;$,';<")82M+''''
-ILQVSN8PN)O''
M$' 98%#:;$' 8""$=.8TN$,' N$&' &#.28.#K%&' U8#&8%.' 8==$N' ' V' M$&' &8OK#;&' $&&$%.#$N&' M$' N8' "8.<LK;#$'
W'58.#:;$'X+)
"YNLQRN)KN)JMS<7SMI8)O))
6%'=;<O#&#K%'M$'N8'=;K")8#%$'N$YK%'M$&'!"#$%"$&'()*&#12$&'$%'H:9$'8%%<$'M$'NS6J'V'NS/%&.#.2.'EK9T$'
M$' A#%&)8&8,' 7S$%&$#L%8%.' BN8#%' M$98%M$' 82Z' <N:O$&' MS8==K;.$;' ")8"2%' 2%' 9K;"$82' M$' LN8YK%'
M8%&'2%';<"#=#$%.'9<.8NN#12$'=K2;'2%$'N$YK%'=;<O2$'V'N8'>:;$')$2;$'M$'N8'[K2;%<$+'
B'NS)$2;$'=;<O2$,'#N'M$98%M$'MS8TK;M'82Z'<N:O$&'MS#M$%.#U#$;,'M$'%K99$;'N$&'M#UU<;$%.&'KT[$.&'12#'&$'
.;K2O$%.'M8%&'N8'&8NN$'M$'"N8&&$'$.'MS$%'MK%%$;'2%'%K9'L<%<;#12$'\'#N'N$2;'M$98%M$'=8;'N8'&2#.$'M$'
"8&&$;' 2%$' ";8#$' "K%.#%2$NN$9$%.' [2&12S82' =N2&' =$.#.' L;8#%+' (8;' N8' &2#.$,' #N' N$&' K;L8%#&$' $%' =$.#.&'
L;K2=$&,'N$2;'M$98%M$'MSKT&$;O$;'$.'M$'%K.$;'&2;'2%$'U#")$'N$'"K%.$%2'M2';<"#=#$%.'\'$%&2#.$'")82UU$;'
"$N2#]' "#' V' >GG^' 0+' B' N8' U#%' N8' 128%.#.<' MS$82' 8' T8#&&<+' 7S$%&$#L%8%.' N$2;' M$98%M$' MS$Z=N#12$;' N$&'
=)<%K9:%$&'KT&$;O<&'$.'M$'"K9=8;$;'N$&';<&2N.8.&'KT.$%2&+'
'E) .-/'\'/"2)'0'/'.&"2)
?E) \VTMWMP7SMI8)KNJ)PI887MJJ78PNJ) ?E)!VQI8JNJ)7<Y)X<NJSMI8J))
QTVPVKN8SNJ) '
0#.$_'N$&'.;K#&'<.8.&'=)*&#12$&'UK%M89$%.82Z' 6.8.'&KN#M$,'<.8.'N#12#M$'$.'<.8.'L8_$2Z''
M$'N8'98.#:;$' '
' '
CK%%$_'12$N12$&'=;K=;#<.<&'=)*&#12$&'M$&' 7$&'L8_'$.'N$&'N#12#M$&'%SK%.'=8&'M$'UK;9$&'=;K=;$&,'
<.8.&'M$'N8'98.#:;$' N$&'&KN#M$&'K%.'2%'OKN29$'M<.$;9#%<'d'
) '
=E) +ISMZ7SMI8)]*VPI<ZNTSN^)) =E)-ILQTV_N8JMI8)KN)R7)JMS<7SMI8)
]'7$".2;$'&#N$%"#$2&$'=8;'")812$'<N:O$'$.'=8;'2%'K2'
30
01(
] C$98%M$;'82Z'<N:O$&'M$'N#;$ M$2Z'<N:O$&'V')82.$'OK#Z+)
&#N$%"#$2&$9$%.''$.''V')82.$'OK#Z''N8
&#.28.#K% ] 6Z=N#"8.#K%&'M$'N8'&#.28.#K%'=8;'12$N12$&'<N:O$&
] (;$%M;$'N$';<"#=#$%.'"K%.$%8%.'N8'LN8"$'$. $.'8MK=.#K%'=8;'N8'"N8&&$
M$98%M$;'82Z'<N:O$&'=;K"<M$;'V
NSKT&$;O8.#K%'M2'"K%.$%2
''E .-/'\'/"2)#!'0-'#.&"2
,T;78MJ7SMI8)KN)R7)PR7JJN)NS)PI8JM;8NJ) .PSMZMSVJ)J<T)RN)S76RN7<)KN)JQVPMWMP7SMI8)
a<=8;.#;'N$&'<N:O$&'$%'L;K2=$&'$.'N$2;' ! DT&$;O8.#K%'M2'"K%.$%2'M2';<"#=#$%.
M$98%M$;'MSKT&$;O$;''N$'"K%.$%2'M2';<"#=#$%.,' ! 0)82UU8L$'M2'"K%.$%2'M2';<"#=#$%.
M$'N$''")82UU$;'V'>GG^0'$.'M$'%K.$;'.K2.$&'N$&' ! /M$%.#U#"8.#K%'M$'M#UU<;$%.$&'.;8%&UK;98.#K%&
KT&$;O8.#K%&'M8%&'2%$'U#")$+'
&2T#$&'=8;'N$'LN8YK%
! 0K9=8;8#&K%'M$&';<&2N.8.&
! 6Z=N#"8.#K%&'M$'M#UU<;$%.$&'9KM#U#"8.#K%&
P<.8.&'=)*&#12$&Q'&2T#$&'=8;'N8'LN8"$
! 6%29<;8.#K%'M$'M#UU<;$%.&'")8%L$9$%.&
MS<.8.&'=)*&#12$&' M$'N8'98.#:;$
'''E 2F0/A"2"
(<NJSMI8J)KN)!VP7QMS<R7SMI8) #7TSMPMQ7SMI8)`)R7)QTIK<PSMI8)KN)R7)Ja8S_[JN)
7$&'U8".$2;&'.$N&'12$'N8'.$9=<;8.2;$,'N8'=;$&&#K%'
b2$N&'&K%.'N$&'U8".$2;&'V'N8'T8&$'M2' &K%.'V'N8'T8&$'M$&'")8%L$9$%.&'MS<.8.&'=)*&#12$&'
")8%L$9$%.'MS<.8.'=)*&#12$'MS2%'"K;=&'c' M$'N8'98.#:;$+'
?K99$_'N$&'M#UU<;$%.&'")8%L$9$%.&+' 7$&'M#UU<;$%.&'")8%L$9$%.&'MS<.8.&'=)*&#12$&'M$'N8'
98.#:;$'&K%.'R'
Liquide
4
1
2
3
5
'
SOLI
' GAZ
DE' GAG
P>Q e2&#K%
6
PIQ !KN#M#U#"8.#K%
PFQ f8=K;#&8.#K%
PhQ 7#12<U8".#K%
PiQ &2TN#98.#K%
PjQ 0K%M$%&8.#K%
'\E "\.&$./',0
?E \VTMWMP7SMI8)KNJ)7PX<MJ)J<T)RNJ)J7ZIMTJ ?E !VQI8JNJ)7<Y)X<NJSMI8J)]MSNLJ^
NJJN8SMNRJ
8Q b2$N&'&K%.'N$&'U8".$2;&'V'N8'T8&$'M2 8Q 78'.$9=<;8.2;$'$.'N8'=;$&&#K%+
")8%L$9$%.'MS<.8.&'=)*&#12$&'MS2%
"K;=&'c
TQ 0#.$_'N$&'M#UU<;$%.&'")8%L$9$%.& TQ 78'U2&#K%,'&KN#M#U#"8.#K%,'O8=K;#&8.#K%,
MS<.8.&'=)*&#12$&'M$'N8'98.#:;$+ N#12<U8".#K%,'&2TN#98.#K%,'"K%M$%&8.#K%+
31
02(
=E \VTMWMP7SMI8)K<)ST7MSNLN8S)KN)R7)JMS<7SMI8
=E /T7MSNLN8S)Kb<8N)JMS<7SMI8)JMLMR7MTN
7S$%&$#L%8%.'M$98%M$'82Z'<N:O$& (8;.8%.'MS2%$'LN8"$'"K%.$%2$'M8%&'2%'O8&$,'
MS#%.$;=;<.$;'N$'")8%L$9$%.'M$'OKN29$&'N#<'82 &K%'OKN29$'")8%L$'NK;&12S$NN$'M$O#$%.'
")8%L$9$%.'MS<.8.&'=)*&#12$&'M$'NS$82 N#12#M$'P=8;'")82UU8L$Q+'(8;'N8'&2#.$,'N8'
O8=$2;'MS$82';<&2N.8%.'M2'")82UU8L$'M$'NS$82'
N#12#M$'K""2=$'2%'OKN29$'#%M<.$;9#%<+'
-!'/"!"2)*3"\.&$./',0)
?E 'SNLJ)O =E /T7MSNLN8S)KN)R7)JMS<7SMI8)JMLMR7MTN
8Q a<=K%&$'"K;;$".$'R'I3I 8Q ($;.#%$%"$'R'>3>
TQ a<=K%&$'"K;;$".$'R'F3F TQ !.;2".2;$'''R'I3I "Q a<&2N.8.''''R'I3I
5'-A")*3"B#&,'/./',0)*")&.)+./!'-")0H)>c)
2I<JCKIL7M8N)O'!"#$%"$&'()*&+,'-$")''$.' US76RMJJNLN8S)O'/?!-/-@-'A/AB5B'
-/0' "8JNM;878S)O'?CD?ED'
*MJPMQRM8N)O'!"#$%"$&'()*&#12$&304/5/6' *7SN)O''
/MSTN)O'C$&'"K;=&'=2;&'82Z'9<N8%L$&' -R7JJN)O)H:9$'6J'
-IKN)O'5!(0>+I') !VWVTN8PNJ)O)(;KL;899$'M2'CB!,'E2#M$'$%'8==2#'
82Z'=;KL;899$&,'N#O;$&'P98%2$N&Q'"K%&2N.<&'''
+7SVTMNR)KMK7PSMX<N)O'
$82,'8N"KKN,'=<.;KN$,'&2";$,'&$N,';<"#=#$%.&'
-ILQVSN8PN)O)
B=;:&'8OK#;';<8N#&<'NS$%&$9TN$'M$&'8".#O#.<&'=;K=K&<$&,'NS<N:O$'&$;8''"8=8TN$'M$'.;8#.$;'8O$"'&2"":&'
$.' M$' 98%#:;$' 8""$=.8TN$,' N$&' &#.28.#K%&' U8#&8%.' 8==$N' ' V' M$&' &8OK#;&' $&&$%.#$N&' M$' N8' "8.<LK;#$'
W'!2T&.8%"$&'X+')
"YNLQRN)KN)JMS<7SMI8)O)
B' N8' O$#NN$' M$' N8' N$YK%' &2;' N$&' &2T&.8%"$&' $%' &"#$%"$&' =)*&#12$&,' NS$%&$#L%8%.' 729T2' M$' N8' H:9$'
8%%<$' M$' NS6J' M$' NS#%&.#.2.' 52_K,' .$;;#.K#;$' MS/M#KU8,' K;L8%#&$' &$&' <N:O$&' $%' 128.;$' L;K2=$&+' /N'
M$98%M$' 82Z' L;K2=$&>,I,' F,' h' MS8==K;.$;' ;$&=$".#O$9$%.' 2%$' "$;.8#%$' 128%.#.<' M$' &2T&.8%"$&'
&2#O8%.$&'R'$82'$.'8N"KKN,'$82'$.'=<.;KN$,'&2";$'$.'&$N,'$82'$.'&$N+'B'NS)$2;$'M$'N8'N$YK%,'#N'M$98%M$'V'
")812$'L;K2=$'MSKT&$;O$;'"$&'M#UU<;$%.$&'&2T&.8%"$&'&<=8;<9$%.+''(8;'N8'&2#.$,'#N'N$2;'M$98%M$'M$'
=;$%M;$'M$'=$.#.$&'128%.#.<&'$.'M$'N$&'9<N8%L$;'#%.#9$9$%.+'CS2%$'98%#:;$';K.8.#O$,'")812$'L;K2=$'
;<=:.$'NS$Z=<;#$%"$'M$'NS82.;$+'6%U#%,'#N&'M$O;K%.'%K.$;,'M<";#;$'$.'$Z=N#12$;'N$&'M#UU<;$%.&'=)<%K9:%$&'
KT&$;O<&+'
'E .-/'\'/"2)'0'/'.&"2
?E \VTMWMP7SMI8)KNJ)PI887MJJ78PNJ ?E !VQI8JNJ)7<Y)X<NJSMI8J
QTVPVKN8SNJ
] b2$N&'&K%.'N$&'U8".$2;&'V'N8'T8&$'M2 ] 78'.$9=<;8.2;$'$.'N8'=;$&&#K%+
")8%L$9$%.'MS<.8.&'=)*&#12$&'MS2%'"K;=&c
] 0#.$_'N$&'M#UU<;$%.&'")8%L$9$%.&'MS<.8.& ] 78'U2&#K%,'&KN#M#U#"8.#K%,'O8=K;#&8.#K%,
=)*&#12$&'M$'N8'98.#:;$+ N#12<U8".#K%,'&2TN#98.#K%,'"K%M$%&8.#K%+
=E +ISMZ7SMI8)]*VPI<ZNTSN^ =E -ILQTV_N8JMI8)KN)R7)JMS<7SMI8
C$98%M$;'82Z'<N:O$&'M$'N#;$'&#N$%"#$2&$9$%. 7$".2;$'&#N$%"#$2&$'M$'N8'&#.28.#K%'=8;'N$&'<N:O$&'$.
$.''V')82.$'OK#Z'N8'&#.28.#K%+ =8;'2%'K2'M$2Z'<N:O$&'V')82.$'OK#Z+
(;$%M;$'N$&';<"#=#$%.&''$.'M$98%M$;'82Z' 6Z=N#"8.#K%&' M$' N8' &#.28.#K%' =8;' 12$N12$&' <N:O$&' $.'

<N:O$&'M$''=;K"<M$;'V'NSKT&$;O8.#K%'N$2;&' 8MK=.#K%'=8;'N8'"N8&&$'
"K%.$%2&'
32
0,(
''E) .-/'\'/"2)#!'0-'#.&"2))
,T;78MJ7SMI8)KN)R7)PR7JJN)NS)PI8JM;8N) .PSMZMSVJ)J<T)RN)S76RN7<)KN)JQVPMWMP7SMI8)
a<=8;.#;'N$&'<N:O$&'$%'&K2&]'L;K2=$&,'N$2;' •' DT&$;O8.#K%'M$&'&2T&.8%"$&)
M$98%M$;'MSKT&$;O$;''N$&'M#UU<;$%.$&' •' C<U#%#.#K%'MS2%'"K;=&'=2;)
&2T&.8%"$&,'M$'N$&'9<N8%L$;'=8;'N8'&2#.$,'
•' 6%29<;8.#K%'M$&'"K%&.8%.$&'=)*&#12$&'MS2%'
MSKT&$;O$;'N$&'9<N8%L$&'8#%&#'KT.$%2&'$.'
$%U#%'M$'M<";#;$'N$&'M#UU<;$%.&'=)<%K9:%$&'' "K;=&'=2;)
KT&$;O<&+' •' a<8N#&8.#K%'M$&'9<N8%L$&)
' •' C<U#%#.#K%'MS2%'9<N8%L$)
•' 6.8TN#&&$9$%.'M$'N8'M#UU<;$%"$'$%.;$'2%'"K;=&'
=2;'$.'2%'9<N8%L$)
•' C#&.#%".#K%'M$'M$2Z'.*=$&'M$'9<N8%L$&)
'(;<&$%.8.#K%'M$'N8'=;KM2".#K%'P;<&2N.8.Q'
'''E)2F0/A"2")
(<NJSMI8J)KN)!VP7QMS<R7SMI8) #7TSMPMQ7SMI8)KNJ)VR[ZNJ)`)R7)QTIK<PSMI8)KN)R7)
' Ja8S_[JN)
a$&.#.2$_'N8'M<U#%#.#K%'MS2%'"K;=&'=2;' @%'"K;=&'=2;'$&.'2%$'&2T&.8%"$'"K%&.#.2<$'M$'
' 9KN<"2N$&'#M$%.#12$&+)
' D%'M#&.#%L2$'R']'"K;=&'=2;'&#9=N$'R'"K%&.#.2<'MS2%'
' &$2N'.*=$'MS8.K9$'R'4I,'!k,'?I,'$."+'
' -' "K;=&'=2;'"K9=K&<'R'"K%&.#.2<'MS82'9K#%&'M$2Z'
' .*=$&'MS8.K9$&'M#UU<;$%.&'R'?80N,'4ID,'0I4jD,'$."+'
' -' -$9=<;8.2;$'M$'U2&#K%'R'-U'
6%29<;$_'N$&'"K%&.8%.$&'=)*&#12$&'MS2%' -' -$9=<;8.2;$'MS<T2NN#.#K%'R'-<T'
"K;=&'=2;'
-' 58&&$'OKN29#12$'R'!'
'
' -' !KN2T#N#.<'R'&'
' @%'9<N8%L$'$&.'2%$'[2Z.8=K&#.#K%'=N2&'K2'9K#%&'
' #%.#9$'MS82'9K#%&'M$2Z'"K;=&'=2;&+')
a$&.#.2$_'N8'M<U#%#.#K%'MS2%'9<N8%L$' '
' -' 5<N8%L$')K9KL:%$'R'$&.'2%'9<N8%L$'MK%.'K%'%$'
0#.$_'$.'M<U#%#&&$_'N$&'.*=$&'M$'9<N8%L$&'' =$2.'=8&'M#&.#%L2$;'N$&'"K%&.#.28%.&'V'NSm#N'%2+''
' -' 6Z$9=N$&'R'$82'&8N<$,'$82'$.'8N"KKN,'$82'&8N<$,'
$82'&2";<$,'$."+'
-' 5<N8%L$')<.<;KL:%$'R'$&.'2%'9<N8%L$'MK%.'K%''
=$2.''M#&.#%L2$;'N$&'"K%&.#.28%.&'V'NSm#N'%2+''
-' 6Z$9=N$&'R'$82'$.''&8TN$,'$82'$.'=<.;KN$,d'
0E%'R'C8%&'2%'9<N8%L$,'N$&'M#UU<;$%.&'"K;=&'=2;&'12#'
N$'"K%&.#.2$%.,'L8;M$%.'N$2;&'=;K=;#<.<&+'
'\E)"\.&$./',0))
NJJN8SMNRJ' '
8Q' C<U#%#;'2%'"K;=&'=2;'$.''2%'9<N8%L$' 8Q' @%'"K;=&'=2;'$&.'2%$'&2T&.8%"$'"K%&.#.2<$'
' M$'9KN<"2N$&'#M$%.#12$&'.8%M#&'12S2%'
' 9<N8%L$'$&.'2%$'[2Z.8=K&#.#K%'=N2&'K2'9K#%&'
#%.#9$'MS82'9K#%&'M$2Z'"K;=&'=2;&+'
TQ' 0#.$;''N$&'M$2Z'.*=$&'M$'9<N8%L$&'
TQ' 5<N8%L$')K9KL:%$'$.'9<N8%L$')<.<;KL:%$'
) )
=E)\VTMWMP7SMI8)K<)ST7MSNLN8S)KN)R7)JMS<7SMI8) =E)/T7MSNLN8S)Kb<8N)JMS<7SMI8)JMLMR7MTN)
7S$%&$#L%8%.'M$98%M$'82Z'<N:O$&'M$' (8;.8%.'M$'NS$82,'M2'&2";$'$.'M2'&$N'$%'128%.#.<&'
=;<=8;$;'N$'&<;29'K;8N'=K2;';<)*M;8.8.#K%+' ;$12#&$&,'NS<N:O$'N$&'9<N8%L$'$.''=;<=8;$'N$'&<;29'
K;8N+'
33
00(
-!'/"!"2)*3"\.&$./',0)
8Q a<=K%&$'"K;;$".$'R'I3I 8Q ($;.#%$%"$'R'>3>
TQ a<=K%&$'"K;;$".$'R'F3F TQ !.;2".2;$'R'I3I
"Q a<&2N.8.'R'I3I
5'-A")*3"B#&,'/./',0)*")&.)+./!'-")0H)>d)
2I<JC*IL7M8N)O'!"#$%"$&'()*&+,'-$")%K'$.' US76RMJJNLN8S)O'/%&.#.2.'52_K'
-/0' "8JNM;878S)O'5B-@''
*MJPMQRM8N)O'!"#$%"$&'()*&#12$&'3'04/5/6' *7SN)O''''''
/MSTN)O'6.2M$'$.'.;8#.$9$%.'M$'NS$82' -R7JJN)O'H:9$'M$'NS6J'
-IKN)O'5!(0>+F' !VWVTN8PNJ)O'(;KL;899$'M2'CB!,'=+FH,''E2#M$'$%'
8==2#'82'=;KL;899$,'58%2$N&'W'!"#$%"$&'=)*&#12$&'
j:9$,'6M+'48.#$;,'=i,'X'$.'W'!"#$%"$&'=)*&#12$&'j:9$,'
6M+'6M#"$U,'=Il'X''
+7SVTMNR)KMK7PSMX<N)O)''''
682'N#12#M$,'LN8"$,';<"#=#$%.&,'.)$;9K9:.;$,';<")82M+''
-ILQVSN8PN)O''
M$'98%#:;$'8""$=.8TN$,'N$&'&#.28.#K%&'U8#&8%.'8==$N'V'M$&'&8OK#;&'$&&$%.#$N&'M$'N8'"8.<LK;#$'W'682'X+'
C8%&' N$' .$;;#.K#;$' MS/M#KU8,' =;KO#%"$' M2' An#N2,' N8' =K=2N8.#K%' "K%%8#.' 2%$' &<;#$2&$' =<%2;#$' $%' $82'
=K.8TN$+' !K2"#$2Z' MS8==K;.$;' 2%$' &KN2.#K%' V' "$' =;KTN:9$,' N$&' <N:O$&' M$' N8' H:9$' 8%%<$' M$' NS6J' M$'
NS#%&.#.2.' 52_K,' &K2&' NS$%"8M;$9$%.' M$' N$2;' $%&$#L%8%.' M$&' &"#$%"$&' =)*&#12$&,' M<"#M$%.' M$'
;<=$;.K;#$;'N$&'M#UU<;$%.$&'&K2;"$&'MS$82'M$'N8'"K%.;<$,'MS$%'"K%%8o.;$'N$&'K;#L#%$&'$.'M$'=;K=K&$;'M$&'
.$")%#12$&'M$'.;8#.$9$%.'=K2;';$%M;$'NS$82'=;K=;$'V'N8'"K%&K998.#K%+'B'N8'U#%,'#N&'OK%.'<N8TK;$;'2%$'
"8;.KL;8=)#$' $.' UK;92N$;' M$&' ;$"K998%M8.#K%&' &2;' pK;M' V' &K29$..;$' V' N8' 92%#"#=8N#.<' =K2;' 2%$'
&$%&#T#N#&8.#K%'82=;:&'M$'N8'=K=2N8.#K%'&2;'N$'.;8#.$9$%.'M$'NS$82+''
'E .-/'\'/"2)'0'/'.&"2
QTVPVKN8SNJ 5<N8%L$')K9KL:%$'R'9<N8%L$'MK%.'K%'%$'=$2.
C#UU<;$%"#$_'N$'9<N8%L$')K9KL:%$'M2 =8&'M#&.#%L2$;'N$&'"K%&.#.28%.&'V'NSm#N'%2'.8%M#&
9<N8%L$')<.<;KL:%$ 12$'N$'9<N8%L$')<.<;KL:%$'R'$&.'2%'9<N8%L$'MK%.
K%'=$2.'M#&.#%L2$;'N$&'"K%&.#.28%.&'V'NSm#N'%2+
- -$9=<;8.2;$'M$'U2&#K%'R'-U
6%29<;$_'12$N12$&'"K%&.8%.$&'=)*&#12$&' - -$9=<;8.2;$'MS<T2NN#.#K%'R'-<T
MS2%'"K;=&'=2;+' - 58&&$'OKN29#12$'R'!
- C$98%M$;'82Z'<N:O$&'M$'N#;$
&#N$%"#$2&$9$%.'$.'V')82.$'OK#Z'N8 ] 7$".2;$'&#N$%"#$2&$'=8;'")812$'<N:O$'$.'N$".2;$'V
&#.28.#K%+ )82.$'OK#Z'=8;'2%'K2'M$2Z'<N:O$&+
- (;<&$%.$;'82Z'<N:O$&'N$&'<")8%.#NNK%&
MS$82'M$'M#UU<;$%.$&'&K2;"$&'$.'N$2; ] 6Z=N#"8.#K%'M$'N8'&#.28.#K%'=8;'12$N12$&'<N:O$&'$.
M$98%M$;'M$'N$&'KT&$;O$;+ 8MK=.#K%'=8;'N8'"N8&&$
34
03(
//+ .-/'\'/"2)#!'0-'#.&"2
• C$&"$%.$'M$&'<N:O$&'&2;'.$;;8#%,'&K2& • /M$%.#U#"8.#K%'M$&'&K2;"$&'MS$82'M2'9#N#$2'$.
NS$%"8M;$9$%.'M$'NS$%&$#L%8%.,'=K2;'N8 N$2;&'K;#L#%$&
;<"KN.$'M$&'MK%%<$& • (;<N:O$9$%.'M$&'<")8%.#NNK%&'MS$82Z'M$
M#UU<;$%.$&'&K2;"$&
• B2'N8TK;8.K#;$,';<=8;.#;'N$&'<N:O$&'$% • C<.$;9#%8.#K%'M$&'=;K=;#<.<&'$.'"K%&.8%.$&
&K2&]L;K2=$&'$.'N$2;'M$98%M$;'M$ =)*&#12$&'M$'NS$82'=2;$
MK%%$;'N$&'=;K=;#<.<&'$.'"K%&.8%.$& • C<.$;9#%8.#K%'M$'N8'128N#.<'M$&'$82Z'=;<N$O<$&
=)*&#12$&'M$'NS$82'=2;$+'(8;'N8'&2#.$,'N$2; • -;8#.$9$%.'M$&'<")8%.#NNK%&'MS$82'82'N8TK;8.K#;$
M$98%M$;'MS$%O#&8L$;'N$&'M#UU<;$%.& • 6Z=N#"8.#K%'M2'"*"N$'M$'NS$82
=;K"<M<&'M$'.;8#.$9$%.'M$&'$82Z'12S#N&
K%.';$"2$#NN#$&+
'''E 2F0/A"2"
(<NJSMI8J)KN)!VP7QMS<R7SMI8) #7TSMPMQ7SMI8)`)R7)QTIK<PSMI8)KN)R7)Ja8S_[JN)
6%29<;$;'N$&'=;K=;#<.<&'$.'"K%&.8%.$&' #TIQTMVSVJ)Q_aJMX<NJ)KN)R3N7<)Q<TN'R'
=)*&#12$&'M$'NS$82'=2;$+' 7S$82'=2;$'$&.'R'#%"KNK;$,'#%KMK;$'$.'#%&#=#M$'
-I8JS78SNJ)Q_aJMX<NJ)KN)R3N7<)Q<TN))
C8%&'N$&'"K%M#.#K%&'%K;98N$&'M$'.$9=<;8.2;$'$.'M$'
=;$&&#K%,'N$&'"K%&.8%.$&'=)*&#12$&'M$'NS$82'=2;$'
&K%.'R'
- -$9=<;8.2;$'M$'U2&#K%'P-UQ'R'G^0
- -$9=<;8.2;$'MS<T2NN#.#K%'P-<TQ'R'>GG^0
- 58&&$'OKN29#12$'R'>'L3"9F
a$&.#.2$_'N8'UK;92N$'")#9#12$'M$'NS$82'
4 ID
0#.$_'N$&'M#UU<;$%.&'=;K"<M<&'M$'.;8#.$9$%.'M$'
]78'M#&.#NN8.#K%,'N8'U#N.;8.#K%,'NS8MK2"#&&$9$%.,'N8
NS$82'
0)NK;8.#K%
B'12K#'"K%&#&.$'NS8&&8#%#&&$9$%.'MS2%$'&K2;"$'
/N'"K%&#&.$'82'%$..K*8L$'K2'M<&#%U$".#K%'MS2%$
MS$82'
&K2;"$'MS$82'=K2;'2%'9$#NN$2;'2&8L$
6Z=N#12$;'V'NS8#M$'MS2%'&")<98'N$'"*"N$'M$'
NS$82'
'\E "\.&$./',0
?E \VTMWMP7SMI8)KNJ)7PX<MJ)J<T)RNJ)J7ZIMTJ ?E !VQI8JNJ)7<Y)X<NJSMI8J)]MSNLJ^
NJJN8SMNRJ 8Q 78'.$9=<;8.2;$'MS<T2NN#.#K%'M$'NS$82'=2;$'$&.
8Q C8%&'N$&'0?-(,'12$NN$'$&.'N8'.$9=<;8.2;$ >GG^0+
MS<T2NN#.#K%'M$'NS$82'=2;$'c TQ 78'M#&.#NN8.#K%,'N8'U#N.;8.#K%,'NS8MK2"#&&$9$%.,'N8
TQ 6%29<;$_'N$&'M#UU<;$%.&'=;K"<M<&'M$ ")NK;8.#K%d
.;8#.$9$%.'M$'NS$82+
=E \VTMWMP7SMI8)K<)ST7MSNLN8S)KN)R7)JMS<7SMI8 =E /T7MSNLN8S)Kb<8N)JMS<7SMI8)JMLMR7MTN
7S$%&$#L%8%.'M$98%M$'82Z'<N:O$&'M$'.;8#.$; 7$&'<N:O$&'=;<N:O$%.'N$&'$82Z'M$'=2#.&'M2'O#NN8L$
NS$82'M$'=2#.&'M$&.#%<$'82Z'2&8L$& A#q898'M8%&'N$'.$;;#.K#;$'MS/M#KU8'$.'N$&'.;8#.$%.'=K2;
MK9$&.#12$& N8'"K%&K998.#K%+
35
04(
-!'/"!"2)*3"\.&$./',0)
8Qa<=K%&$'"K;;$".$'R'>3> 8Q ($;.#%$%"$'R'>3>
TQ a<=K%&$'"K;;$".$'R'h3h TQ !.;2".2;$'''R'I3I
"Q a<&2N.8.'R'I3I
5'-A")*3"B#&,'/./',0)*")&.)+./!'-")0H)>e)
2I<JC*IL7M8N)O'!"#$%"$&'()*&+,'-$")%K'$.' US76RMJJNLN8S)O'/%&.#.2.'52_K'
-/0' "8JNM;878S)O'5B-@''
*MJPMQRM8N)O'!"#$%"$&'()*&#12$&'3'04/5/6' *7SN)O''''''
/MSTN)O'6.2M$'$.'.;8#.$9$%.'M$'NS$82' -R7JJN)O'H:9$'M$'NS6J'
-IKN)O'5!(0>+F' !VWVTN8PN)O''
- (;KL;899$'M2'CB!''=FH,
- E2#M$'$%'8==2#'82'=;KL;899$,
- 58%2$N''W'C<"K2O;K%&'NS#%UK;98.#12$'>,
=>k'X
+7SVTMNR)KMK7PSMX<NO)'''2%'K;M#%8.$2;'Pq#.'"K9=N$.Q''''
-ILQVSN8PN)O''
M$'98%#:;$'8""$=.8TN$,'N$&'&#.28.#K%&'U8#&8%.'8==$N''V'M$&'&8OK#;&'$&&$%.#$N&'M$'N8'"8.<LK;#$'W'682'X+'
C8%&' N$' .$;;#.K#;$' MS/M#KU8,' =;KO#%"$' M2' An#N2,' N8' =K=2N8.#K%' "K%%8#.' 2%$' &<;#$2&$' =<%2;#$' $%' $82'
=K.8TN$+'!K2"#$2Z'MS8==K;.$;'2%$'&KN2.#K%'V'"$'=;KTN:9$,'N$&'<N:O$&'M$'N8'H:9$''8%%<$'M$'NS6J''M$'
NS#%&.#.2.' 52_K,' &K2&' NS$%"8M;$9$%.' M$' N$2;' $%&$#L%8%.' M$&' &"#$%"$&' =)*&#12$&,' M<"#M$%.' M$'
;<=$;.K;#$;'N$&'M#UU<;$%.$&'&K2;"$&'MS$82'M$'N8'"K%.;<$,'MS$%'"K%%8o.;$'N$&'K;#L#%$&'$.'M$'=;K=K&$;'M$&'
.$")%#12$&'M$'.;8#.$9$%.'=K2;'';$%M;$'NS$82'=;K=;$'V'N8'"K%&K998.#K%+'B'N8'U#%,'#N&'OK%.'<N8TK;$;'2%$'
"8;.KL;8=)#$' $.' UK;92N$;' M$&' ;$"K998%M8.#K%&' &2;' pK;M' V' &K29$..;$' V' N8' 92%#"#=8N#.<' =K2;' ' 2%$'
&$%&#T#N#&8.#K%'82=;:&'M$'N8'=K=2N8.#K%'&2;'N$'.;8#.$9$%.'M$'NS$82+''
'E .-/'\'/"2)'0'/'.&"2
QTVPVKN8SNJ 4 ID
b2$NN$'$&.'N8'UK;92N$'")#9#12$'M$'NS$82'c
78'M#&.#NN8.#K%,'N8'U#N.;8.#K%,'NS8MK2"#&&$9$%.,'N8'
0#.$_'N$&'M#UU<;$%.&'=;K"<M<&'M$'.;8#.$9$%.'M$' 0)NK;8.#K%d'
NS$82'c'
C$98%M$;'82Z'<N:O$&'M$'N#;$'&#N$%"#$2&$9$%. 7$".2;$'&#N$%"#$2&$'=8;'N$&'<N:O$&'$.'N$".2;$'V')82.$
$.'V')82.$'OK#Z'N8'&#.28.#K%+ OK#Z'=8;'2%'K2'M$2Z'<N:O$&+
C$98%M$;'82Z'<N:O$&'MS$Z=NK#.$;'N$&'MK%%<$&' 6Z=NK#.8.#K%'M$&'"KK;MK%%<$&'L<KL;8=)#12$&'M$'
;$"2$#NN#$&'NK;&'M$'N$2;'M$&"$%.$'&2;'.$;;8#%+' M#UU<;$%.$&'&K2;"$&'MS$82'O#&#.<$&+'
//+ .-/'\'/"2)#!'0-'#.&"2
- a<=8;.#;'N$&'<N:O$&''$%'&K2&]'L;K2=$& • 6N8TK;8.#K%'M$'N8'"8;.KL;8=)#$'M$'M#UU<;$%.$&
M8%&'N8'&8NN$'MS#%UK;98.#12$+ &K2;"$&'MS$82'M2'O#NN8L$'A#q898
- C$98%M$;'82Z'<N:O$&'MS<N8TK;$;'N8 • a<M8".#K%'M$&'9$&&8L$&'M$'&$%&#T#N#&8.#K%'&2;
36
05(
"8;.KL;8=)#$'M$&'M#UU<;$%.$&'&K2;"$&' nK;M''
MS$82Z'M2'O#NN8L$'A#q898,';<M#L$;'N$&' •' 0K%"$=.#K%'$.';$=;KM2".#K%'M$&'#98L$&'M$'
9$&&8L$&'$.'"K%"$OK#;'N$&'#98L$&'&2;' &$%&#T#N#&8.#K%'
nK;M'V'&K29$..;$'V'N8'92%#"#=8N#.<'=K2;' •' 0K%.8".'8O$"'N8'92%#"#=8N#.<'
2%$'&$%&#T#N#&8.#K%'82=;:&'M$'N8' •' 6%.;$.#$%'8O$"'N$&'9<%8L$&'
=K=2N8.#K%+' •' 6Z=N#"8.#K%'M$'M#UU<;$%.&'=;K"<M<&'M$'=2;#U#"8.#K%'
' M$'NS$82'82=;:&'M$'N8'=K=2N8.#K%'
•' 6O8N28.#K%'M$'NS#9=8".'M$'N8'&$%&#T#N#&8.#K%'
'
'
'''E) 2F0/A"2")
(<NJSMI8J)KN)!VP7QMS<R7SMI8)) #7TSMPMQ7SMI8)`)R7)QTIK<PSMI8)KN)R7)Ja8S_[JN)
) '
-'0K99$%.';<M#L$;'2%'9$&&8L$'$.'"K%"$OK#;' !VK7PSMI8)KNJ)LNJJ7;NJ)J<T)fITK)
N$&'#98L$&'&2;'nK;M'c' -'C<98;;$;'NSK;M#%8.$2;'$.'N8%"$;'N$'=;KL;899$'5!'
' pK;M'\'
' -'!8#&#;'N$'.$Z.$'$.'N$'9$..;$'$%'UK;9$'\'
' -'/%&<;$;'N$&'<N<9$%.&'L;8=)#12$&'=2#&'$%;$L#&.;$;''
' -'/9=;#9$;'N$'MK"29$%.'\'
' -'e$;9$;'N$'=;KL;899$'$.'8;;g.$;'NSK;M#%8.$2;'
' '
' -I8S7PS)KN)R7)L<8MPMQ7RMSV)
-'0K99$%.'"K%.8".$;'N8'92%#"#=8N#.<'c'
-' !KNN#"#.$;'2%$'82M#$%"$'82=;:&'M$&'82.K;#.<&'
-'b2$N&'&2==K;.&'2.#N#&<&'NK;&'M$'NS$%.;$.#$%'
NK"8N$&'
8O$"'N$&'9<%8L$&'c'
-' 7$&'9$&&8L$&'M$'&$%&#T#N#&8.#K%'$.'M$&'=N8%")$&'V'
-'b2$N'$&.'N$'"K%.$%2'M$&'9$&&8L$&'M$'
#98L$&+'
&$%&#T#N#&8.#K%'c'
-' 7$&'M#UU<;$%.&'=;K"<M<&'M$'.;8#.$9$%.'M$&'$82Z'
-'0K99$%.'<O8N2$;'NS#9=8".'M$'N8'
'
&$%&#T#N#&8.#K%'
-' (8;'N$'.82Z'M$'=;<O8N$%"$'M$&'98N8M#$&')*M;#12$&'
'
'\E) "\.&$./',0))
NJJN8SMNRJ'' )
8Q' b2$N'$&.'N$'"K%.$%2'M$&'9$&&8L$&'M$' 8Q7$&'M#UU<;$%.&'=;K"<M<&'M$'.;8#.$9$%.'M$&'$82Z'
&$%&#T#N#&8.#K%'c' '
TQ' 0#.$_'N$&'&2==K;.&'V'2.#N#&$;'=K2;' TQ'7$&'=N8%")$&'V'#98L$&,'M<=N#8%.&,'=;K&=$".2&d''
&$%&#T#N#&$;'N8'=K=2N8.#K%+' '
"Q' b2$N'$&.'NSKT[$".#U'M$'N8' "Q'7S<;8M#"8.#K%'M$&'98N8M#$&')*M;#12$&+'
'
&$%&#T#N#&8.#K%'c'
)
) =E)/T7MSNLN8S)Kb<8N)JMS<7SMI8)JMLMR7MTN)
=E)\VTMWMP7SMI8)K<)ST7MSNLN8S)KN)R7)JMS<7SMI8) !2;'T8&$'M$'NKL#"#$N'5!'pK;M'N$&'<N:O$&'"K%YK#O$%.,'
' #9=;#9$%.'M$&'9$&&8L$&'$.'=N8%")$&'V'#98L$&'=K2;'
7S$%&$#L%8%.'M$98%M$'82Z'<N:O$&'M$' 2%$'"89=8L%$'M$'&$%&#T#N#&8.#K%'M$'N8O8L$'M$&'
=;<=8;$;'M$&'9$&&8L$&'$.'=N8%")$&'V'#98L$&' 98#%&'8O8%.'N$';$=8&'82=;:&'M$'N8'=K=2N8.#K%+'!2;'
M$&.#%<&'V'N8'&$%&#T#N#&8.#K%'M$'N8'=K=2N8.#K%' T8&$'MS2%'");K%KL;899$'=;<<.8TN#,'#N&'M$&"$%M$%.'
&2;'N$'N8O8L$'M$&'98#%&'8O8%.'N$';$=8&+' &2;'.$;;8#%+'
'
'
'
'
37
0-(
-!'/"!"2)*3"\.&$./',0)
?E)'SNLJ)O) =E)/T7MSNLN8S)KN)R7)JMS<7SMI8)JMLMR7MTN)
8Q' a<=K%&$'"K;;$".$'R'>3>' 8Q($;.#%$%"$'R'>3>''''
TQ' a<=K%&$'"K;;$".$'R'I3I' TQ'!.;2".2;$'''R'I3I''''
"Q' a<=K%&$'"K;;$".$'R'>3>' "Q'a<&2N.8.'''''R'I3I'
)
)
5'-A")*3"B#&,'/./',0)*")&.)+./!'-")0H)>g)
2I<JCKIL7M8N)O'!"#$%"$&'()*&+,'-$")''$.'' US76RMJJNLN8S)O'/?!-/-@-'(6C+'7@e/5/'
''''''''''''''''''''''''''''-/0' "8JNM;878S)O'BN2T2'A8.$9K'
*MJPMQRM8N)O'!"#$%"$&'()*&#12$&304/5/6' *7SN)O'
/MSTN)O'6.2M$'M$'NS8#;' -R7JJN)O)H:9$'6J'
-IKN)O'5!(0>+h') !VWVTN8PNJ)O)(;KL;899$'M2'CB!,'E2#M$'$%'8==2#'
82Z'=;KL;899$&,'N#O;$&'P98%2$N&Q'"K%&2N.<&'''
+7SVTMNR)KMK7PSMX<N)O)J8NNK%'V'8#;,'=K9=$,'T8N8%"$'
M$'=;<"#&#K%,'$82,';<")82M,'T8NNK%'V'UK%M'=N8.,'
TK2")K%'
-ILQVSN8PN)O)
$.' M$' 98%#:;$' 8""$=.8TN$,' N$&' &#.28.#K%&' U8#&8%.' 8==$N' ' V' M$&' &8OK#;&' $&&$%.#$N&' M$' N8' "8.<LK;#$'
W'B#;'X+''
C8%&' N8' "K%.;<$' M$' 5T8q8%8,' "K992%$' 2;T8%K];2;8N$' M$' N8' ?S&$N$' V' A#%&)8&8,' N$&' <N:O$&' M$' N8'
H:9$'8%%<$'M$'NS6J'M$'NS#%&.#.2.'=<M8LKL#12$'72U#9#,'"K%&.8.$%.'N8'=KNN2.#K%'M$'NS8#;,'N$';<")82UU$9$%.'
"N#98.#12$' $.' 2%$' M#9#%2.#K%' M$' N8' =N2O#K&#.<' M8%&' N$2;' 9#N#$2+' 6%' $UU$".28%.' M$&' ;$")$;")$&' &2;' N$'
?$.,'#N&'M<"K2O;$%.'12$'"$..$'&#.28.#K%'&$;8#.'M2$'%K.899$%.'V'NS8T8..8L$'8T2&#U'M$&'8;T;$&'=K2;'N8'
=;KM2".#K%' M2' ")8;TK%' $.' 82' U$2' M$' T;K2&&$' \' =;8.#12$&' ;<L2N#:;$&' M8%&' "$..$' "K%.;<$' $.' M8%&' N$&'
O#NN8L$&'$%O#;K%%8%.&+'0S$&.'8#%&#'12S8O$"'NS$%"8M;$9$%.'M$'N$2;'$%&$#L%8%.'M$&'!"#$%"$&'()*&#12$&,'
#N&'<.2M#$%.'N$'=;KTN:9$'$.'*'$%O#&8L$%.'M$&'&KN2.#K%&+)
'E) .-/'\'/"2)'0'/'.&"2)
?E)\VTMWMP7SMI8)KNJ)PI887MJJ78PNJ) ?E)!VQI8JNJ)7<Y)X<NJSMI8J))
QTVPVKN8SNJ) '
CK%%$_' N$&' "K%&.8%.$&' =)*&#12$&' M$' NS$82' -U'R'GK0'
=2;$'M8%&'N$&'0?-(' -<T'R'>GGK0'''''''''''''''''M'R'>'
' '
0#.$_' N$&' <N<9$%.&' ")#9#12$&' 12#' "K9=K&$%.' 4*M;KL:%$'$.'DZ*L:%$'
N8'9KN<"2N$'MS$82' '
' '
=E)+ISMZ7SMI8)]*VPI<ZNTSN^)) =E)-ILQTV_N8JMI8)KN)R7)JMS<7SMI8)
) '
C$98%M$;'82Z'<N:O$&'M$'N#;$'&#N$%"#$2&$9$%.' 7$".2;$'&#N$%"#$2&$'M$'N8'&#.28.#K%'=8;'N$&'<N:O$&'
$.'V')82.$'OK#Z''N8'&#.28.#K%+' $.'=8;'2%'K2'M$2Z'<N:O$&'V')82.$'OK#Z+)
' '
C$98%M$;'82Z'<N:O$&'M$'LK%UN$;'2%'T8NNK%' 6Z=N#"8.#K%&' M$' N8' &#.28.#K%' =8;' 12$N12$&' <N:O$&' $.'
MS8#;'V'NS8#M$'MS2%$'=K9=$'$.'$Z=N#12$;'N$' 8MK=.#K%'=8;'N8'"N8&&$' '
=)<%K9:%$'KT&$;O<'
''E) .-/'\'/"2)#!'0-'#.&"2))
a<=8;.#;'N$&'<N:O$&'$%'&K2&]'L;K2=$&,'N$2;' •' C<U#%#.#K%'M$'NS8#;)
;$9$..;$'N$&'M#UU<;$%.&'98.<;#$N&'M#M8".#12$&+' •' C<.$;9#%8.#K%'M$'N8'"K9=K&#.#K%'M$'NS8#;)
38
0.(
7$2;'M$98%M$;'MS$Z<"2.$;'12$N12$&' •' 6%29<;8.#K%'M$&'=;K=;#<.<&'=)*&#12$&'M$'

98%#=2N8.#K%&,'''MSKT&$;O$;'$.''M$'M<";#;$'N$&' NS8#;)
M#UU<;$%.&'=)<%K9:%$&''KT&$;O<&+' )
'
'''E)2F0/A"2")
' Ja8S_[JN)
a$&.#.2$;'N8'M<U#%#.#K%'M$''NS8#;+' '7S8#;'$&.'2%'UN2#M$'L8_$2Z'12#'"K2O;$'NS8.9K&=):;$+''
' '
' '
C$'12K#'$&.'"K9=K&<'NS8#;'c' 7S8#;'$&.'2%'9<N8%L$'M$'=N2&#$2;&'L8_'MK%.'N$&'=N2&'
' #9=K;.8%.&'&K%.'NS8_K.$'R'Hk+GF'r'$.'NSKZ*L:%$'R'
' IG,llr+''
' 4K;9#&''NS8_K.$'$.'NSKZ*L:%$'NS8#;'"K%.#$%.'MS82.;$&'
' L8_'12#'&K%.'R'8;LK%,'L8_'"8;TK%#12$,')*M;KL:%$,'
' %<K%,')<N#29,'Z<%K%,'q;*=.K%,'K_K%$,'O8=$2;'MS$82+'
' '
' 7$&'=;K=;#<.<&'=)*&#12$&'M$'NS8#;'&K%.'R'
b2$NN$&'&K%.'N$&'=;K=;#<.<&'=)*&#12$&'M$' "' NS8#;'$&.'=$&8%.'R'N8'98&&$'OKN29#12$'M$'NS8#;'
NS8#;'c' M8%&'N$&'0?-('$&.'M$'>+IlL3N'''
' "' NS'8#;'$&.'N#12<U#8TN$'
' "' NS8#;'$&.'&KN2TN$'M8%&'NS$82'
' "' NS8#;'$&.'"K9=;$&&#TN$'
"' NS8#;'$&.'$Z=8%&#TN$'
'\E)"\.&$./',0))
NJJN8SMNRJ' '
"Q' 0#.$_'N$&'M$2Z'"K9=K&8%.&'98[K;#.8#;$&' 8Q' 7SB_K.$'$.'NSDZ*L:%$'
M$'NS8#;' '
MQ' 6%29<;$_'N$&'=;K=;#<.<&'=)*&#12$&'M$' TQ' 7S8#;'$&.'=$&8%.,'N#12<U#8TN$,'"K9=;$&&#TN$,'
NS8#;' $Z=8%&#TN$''$.'&KN2TN$'M8%&'NS$82'
=E)\VTMWMP7SMI8)K<)ST7MSNLN8S)KN)R7)JMS<7SMI8) =E/T7MSNLN8S)Kb<8N)JMS<7SMI8)JMLMR7MTN)
7S$%&$#L%8%.'M$98%M$'82Z'<N:O$&'M$' B'NS8#M$'MS2%$'=K9=$,'N$&'<N:O$&''UK%.'M#&&K2M;$'M$'
M#&&K2M;$'M$'NS8#;'M8%&'NS$82+' NS8#;'M8%&'iGG9N'MS$82'"K%.$%2'M8%&'2%'T8NNK%'
'
-!'/"!"2)*3"\.&$./',0)
8Q' a<=K%&$'"K;;$".$'R'I3I' 8Q' ($;.#%$%"$'R'>3>'
TQ' a<=K%&$'"K;;$".$'R'F3F' TQ' !.;2".2;$'R'I3I'
' "Q' 'a<&2N.8.'R'I3I'
)
)
)
)
)
)
)
)
)
)
)
)
39
0/(
5'-A")*3"B#&,'/./',0)*"))+./!'-")0H)>h)
2I<JCKIL7M8N)O'!"#$%"$&'()*&+,'-$")''$.' US76RMJJNLN8S)O'/%&.#.2.'($M+'72U#9#'
''''''''''''''''''''''''''''-/0' "8JNM;878S)O'58N#8%#'52[#%L8'
*MJPMQRM8N)O'!"#$%"$&'()*&#12$&304/5/6' *7SN)O'
/MSTN)O'6.2M$'M$'NS8#;' -R7JJN)O)H:9$'6J'
-IKN)O'5!(0>+h') !VWVTN8PNJ)O)(;KL;899$'M2'CB!,'E2#M$'$%'8==2#'
82Z'=;KL;899$&,'N#O;$&'P98%2$N&Q'"K%&2N.<&'''
+7SVTMNR)KMK7PSMX<N)O)2%$'U$2#NN$'M$'=8=#$;,'2%$'
TK#.$'MS8NN29$..$&,'2%'"NK2';K2#NN<,'2%$'TK2L#$,'2%'
TK"8N'
-ILQVSN8PN)O)
$.'M$'98%#:;$'8""$=.8TN$,'N$&'&#.28.#K%&'U8#&8%.'8==$N''V'M$&'&8OK#;&'$&&$%.#$N&'M$'N8'"8.<LK;#$'
W'B#;'X+')
C8%&' N8' "K%.;<$' M$' 5T8q8%8,' "K992%$' 2;T8%K];2;8N$' M$' N8' ?S&$N$' V' A#%&)8&8,' N$&' <N:O$&' M$' N8'
H:9$'8%%<$'M$'NS6J'M$'NS#%&.#.2.'=<M8LKL#12$'72U#9#,'"K%&.8.$%.'N8'=KNN2.#K%'M$'NS8#;,'N$';<")82UU$9$%.'
"N#98.#12$' $.' 2%$' M#9#%2.#K%' M$' N8' =N2O#K&#.<' M8%&' N$2;' 9#N#$2+' 6%' $UU$".28%.' M$&' ;$")$;")$&' &2;' N$'
?$.,'#N&'M<"K2O;$%.'12$'"$..$'&#.28.#K%'&$;8#.'M2$'%K.899$%.'V'NS8T8..8L$'8T2&#U'M$&'8;T;$&'=K2;'N8'
O#NN8L$&'$%O#;K%%8%.&+'0S$&.'8#%&#'12S8O$"'NS$%"8M;$9$%.'M$'N$2;'$%&$#L%8%.'M$&'!"#$%"$&'()*&#12$&,'
#N&'<.2M#$%.'N$'=;KTN:9$'$.'*'$%O#&8L$%.'M$&'&KN2.#K%&+'
'E) .-/'\'/"2)'0'/'.&"2)
?E)\VTMWMP7SMI8)KNJ)PI887MJJ78PNJ) ?E)!VQI8JNJ)7<Y)X<NJSMI8J))
QTVPVKN8SNJ) '
' 8Q' 7S8_K.$'P?IQ'$.'NSKZ*L:%$'PDIQ'
8Q' 0#.$_'N$&'M$2Z'"K9=K&8%.&'98[K;#.8#;$&' '
M$'NS8#;' TQ' 7S8#;'$&.'=$&8%.,'N#12<U#8TN$,'"K9=;$&&#TN$,'
TQ' 6%29<;$_'N$&'=;K=;#<.<&'=)*&#12$&'M$' $Z=8%&#TN$'$.'&KN2TN$'M8%&'NS$82'
NS8#;' '
=E)+ISMZ7SMI8)]*VPI<ZNTSN^)) =E)-ILQTV_N8JMI8)KN)R7)JMS<7SMI8)
) '
e8#;$'N#;$'&#N$%"#$2&$9$%.''N8'&#.28.#K%'=8;'N$&' 7$".2;$'&#N$%"#$2&$'M$'N8'&#.28.#K%'=8;'N$&'<N:O$&'$.'
<N:O$&'$.'=8;'2%'K2'M$2Z'<N:O$&'V')82.$'OK#Z+' =8;'2%'K2'M$2Z'<N:O$&'V')82.$'OK#Z+)
' '
(;<&$%.$;'82Z'<'N:O$&'N$&'M#UU<;$%.&'98.<;#$N&' 6Z=N#"8.#K%&' M$' N8' &#.28.#K%' =8;' 12$N12$&' <N:O$&' $.'
$.'N$2;'M$98%M$;'M$'N$&'KT&$;O$;' 8MK=.#K%'=8;'N8'"N8&&$' '
''E) .-/'\'/"2)#!'0-'#.&"2))
a<=8;.#;'N$&'<N:O$&'$%'&K2&]'L;K2=$&,'N$2;' •' C<U#%#.#K%'M$'N8'"K9T2&.#K%)
;$9$..;$'N$&'M#UU<;$%.&'98.<;#$N&'M#M8".#12$&+' •' 08.<LK;#&8.#K%'M$'N8'"K9T2&.#K%)
7$2;'M$98%M$;'MS$Z<"2.$;'12$N12$&'
•' C#&.#%".#K%'$%.;$'"K9T2&.#TN$'$.'"K9T2;8%.)
98%#=2N8.#K%&,'''MSKT&$;O$;'$.''M$'M<";#;$'N$&'
M#UU<;$%.&'=)<%K9:%$&''KT&$;O<&'
'''E)2F0/A"2")
' Ja8S_[JN)
' ''
"' a$&.#.2$;'N8'M<U#%#.#K%'M$''N8' "' &7)PIL6<JSMI8'$&.'N8';<8".#K%'")#9#12$'''
"K9T2&.#K%+' P"K9T#%8#&K%Q'MS2%$'&2T&.8%"$'8O$"'
' NSKZ*L:%$'
40
31(
"' 0#.$_'N$&'M$2Z'.*=$&'M$'"K9T2&.#K%&' "' D%'M#&.#%L2$'M$2Z'.*=$&'M$'"K9T2&.#K%&'R'

$.'$Z=N#12$_]N$&+' -IL6<JSMI8)ZMZN'R'$&.'2%$'"K9T2&.#K%'12#'
' &S8""K9=8L%$'M$'N8'=;KM2".#K%'M$'N8'N29#:;$'$.'M2'
' M<L8L$9$%.'M$'N8'")8N$2;+''
' 6Z'R'"K9T2&.#K%'M2'=8=#$;,'M2'=<.;KN$'
' -IL6<JSMI8)RN8SN)O)$&.'2%$'"K9T2&.#K%'12#'&$'U8#.'
' &8%&'=;KM2".#K%'M$'N8'N29#:;$'$.'&8%&'<N<O8.#K%'
' &$%&#TN$'M$'N8'.$9=<;8.2;$'
' +'6Z'R'N8';K2#NN$'MS2%'"NK2,'N8';$&=#;8.#K%''
' '
"' C#UU<;$%"#$_'2%'"K9T2&.#TN$'MS2%' "' -IL6<JSM6RN'R'$&.'2%$'&2T&.8%"$'MK%.'N8'
"K9T2;8%.' "K9T2&.#K%'=;KM2#.'M$'N8'")8N$2;'K2'M$'
' NS<%$;L#$+'6Z'R'N$'=<.;KN$,'N$'=8=#$;d'
' ))))))))))))-IL6<T78S)O)$&.'2%$'&2T&.8%"$'12#''''''
' =;KOK12$'N8'"K9T2&.#K%'MS2%$'82.;$'&2T&.8%"$+''
' 6Z'R'NSDZ*L:%$'PDIQ'
'\E)"\.&$./',0))
NJJN8SMNRJ' '
>+' C<U#%#&&$_'N8'"K9T2&.#K%' >+' 78'"K9T2&.#K%'$&.'N8';<8".#K%'")#9#12$'
' P"K9T#%8#&K%Q'MS2%$'&2T&.8%"$'8O$"'
' NSKZ*L:%$)'
I+' 0#.$_'N$&'M$2Z'.*=$&'M$' !"# 0K9T2&.#K%'O#O$'$.'"K9T2&.#K%'#
"K9T2&.#K%&'$.'$Z=N#12$_]N$&+' )-IL6<JSMI8)ZMZN'R'$&.'2%$'"K9T2&.#K%'12#'
) &S8""K9=8L%$'M$'N8'=;KM2".#K%'M$'N8'N29#:;$'$.'M2'
) M<L8L$9$%.'M$'N8'")8N$2;+''
) '-IL6<JSMI8)RN8SN)O)$&.'2%$'"K9T2&.#K%'12#'&$'U8#.'
) &8%&'=;KM2".#K%'M$'N8'N29#:;$'$.'&8%&'<N<O8.#K%'
) &$%&#TN$'M$'N8'.$9=<;8.2;$'
=E)2MS<7SMI8)JMLMR7MTN'' =E)/T7MSNLN8S)KN)R7)JMS<7SMI8)JMLMR7MTN)
7S$%&$#L%8%.'M$98%M$'82Z'<N:O$&'MS$Z=N#12$;' )
N$'=)<%K9:%$'M$'N8';$&=#;8.#K%' 7$&'<N:O$&'#M$%.#U#$%.'$.'$Z=N#12$%.'N$&'M#UU<;$%.$&'
' <.8=$&'M$'N8';$&=#;8.#K%'")$_'NS)K99$+'
-!'/"!"2)*3"\.&$./',0)
8Q' a<=K%&$'"K;;$".$'R'>3>' 8Q' ($;.#%$%"$'R'>3>'
TQ' a<=K%&$'"K;;$".$'R'F3F' TQ' !.;2".2;$'R'I3I'
' "Q' a<&2N.8.'R'I3I'
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
41
32(
5'-A")*3"B#&,'/./',0)*")+./!'-")0H)>@)
2I<JCKIL7M8N)O)!"#$%"$&'()*&+,'-$")'$.' US76RMJJNLN8S)O'/%&.+'(<M8LKL#12$''72U#9#'
''''''''''''''''''''''''''''-/0' "8JNM;878S)O'J8;8q8'58N#8%#'
*MJPMQRM8N))))))O'!"#$%"$&'()*&#12$&304/5/6' *7SN)O'
/MSTN)))))))))))))))O'6.2M$'M$'NS8#;' -R7JJN)O)H:9$'6J'
-IKN))))))))))))))O'5!(0>+h' !VWVTN8PNJ)O'(;KL;899$'M2'CB!,'N#O;$&'P98%2$N&Q'
"K%&2N.<&,'E2#M$'$%'''8==2#'82'=;KL;899$'
+7SVTMNR)KMK7PSMX<N)R'D;M#%8.$2;,'9KM$9,'.<N<=)K%$''
=K;.8TN$'8==;K=;#<+'''''''''''''''''''''
-ILQVSN8PN)R''
M$'98%#:;$'8""$=.8TN$'M$&'&#.28.#K%&'U8#&8%.'8==$N'V'M$&'&8OK#;&'$&&$%.#$N&'M$'N8'"8.<LK;#$'WB#;X+)
"YNLQRN)KN)JMS<7SMI8)O''
C8%&' N8' "K%.;<$' M$' 5T8%q8%8,' "K992%$' 2;T8%K];2;8N$' M$' N8' ?S&$N$' V' A#%&)8&8,' N$&' <N:O$&' M$' N8'
H:9$' 8%%<$' M$' NS6J' M$' NS#%&.#.2.' =<M8LKL#12$' 72U#9#,' "K%&.8.$%.' N8' =KNN2.#K%' M$' NS8#;,' N$'
;<")82UU$9$%.' "N#98.#12$' $.' 2%$' M#9#%2.#K%' M$' N8' =N2O#K&#.<' M8%&' N$2;' 9#N#$2+' 6%' $UU$".28%.' M$&'
;$")$;")$&'&2;'N$'?$.,'#N&'M<"K2O;$%.'12$'"$..$'&#.28.#K%'&$;8#.' M2$'%K.899$%.'V'NS8T8..8L$'8T2&#U'M$&'
8;T;$&'=K2;'N8'=;KM2".#K%'M2'")8;TK%'$.'82'U$2' M$'T;K2&&$'\'=;8.#12$&';<L2N#:;$&'M8%&'"$..$'"K%.;<$'$.'
M8%&' N$&' O#NN8L$&' $%O#;K%%8%.&+' 0S$&.' 8#%&#' 12S8O$"' NS$%"8M;$9$%.' M$' N$2;' $%&$#L%8%.' M$&' !"#$%"$&'
()*&#12$&,'#N&'<.2M#$%.'N$'=;KTN:9$'$.'*' $%O#&8L$%.'M$&'&KN2.#K%&+'
'E) .-/'\'/"2)'0'/'.&"2)
?E)\VTMWMP7SMI8)KNJ)PI887MJJ78PNJ))) ?E)!VQI8JNJ)7<Y)X<NJSMI8J)
QTVPVKN8SNJ) '
b2$'"K%&.8.$_]'OK2&'&#'OK2&'N8#&&$_'2%' ?K2&'"K%&.8.K%&'N8'=;<&$%"$'M$'N8';K2#NN$+'
"NK2'V'NS8#;'N#T;$'=$%M8%.'T$82"K2='M$' '''
[K2;&c' ''
' /N'*'8'$2';<8".#K%'K2'"K9T#%8#&K%'M$'NSKZ*L:%$'8O$"'
b2S$&.'"$'12#'U8#.'12S#N'*'8#.';K2#NN$'&2;'"$' N$'"NK2'P9<.8NQ+)
"NK2'c' )
' 0$'.*=$'M$';<8".#K%'&S8==$NN$)"K9T2&.#K%+'
0K99$%.'8==$NN$].]K%'"$'.*=$'M$' '
;<8".#K%'c' )
=E)+ISMZ7SMI8]*VPI<ZNTSN^) =E)-ILQTV_N8JMI8)KN)R7)JMS<7SMI8)
C$98%M$;'82Z'<N:O$&'M$'N#;$' 7$".2;$'&#N$%"#$2&$'M$'N8'&#.28.#K%'=8;'N$&'<N:O$&'$.'
&#N$%"#$2&$9$%.'$.''V')82.$'OK#Z'N8' =8;'2%'K2'M$2Z'<N:O$&'V')82.$'OK#Z+''
&#.28.#K%+' '
' '
C$98%M$;'82Z'<N:O$&'MS$Z=N#12$;'N8' 6Z=N#"8.#K%'=8;'2%'K2'M$2Z'<N:O$&+' '
&#.28.#K%+'
''E) .-/'\'/"2)#!'0-'#.&"2)
),T;78MJ7SMI8)KN)R7)PR7JJN)NS)PI8JM;8NJ) '.PSMZMSVJ)J<T)RN)S76RN7<)KN)JQVPMWMP7SMI8)
a<=8;.#;'N$&'<N:O$&'$%'&K2&]L;K2=$&,'N$2;' •' a$&.#.2.#K%'M$'N8'M<U#%#.#K%'M$'N8'=KNN2.#K%'
M$98%M$;''MS#M$%.#U#$;'N$&'"82&$&''M$'N8' 8.9K&=)<;#12$''
=KNN2.#K%'8.9K&=)<;#12$'M$'5T8%q8%8+' •' #M$%.#U#"8.#K%'M$&'"82&$&'M$'N8'=KNN2.#K%'
8.9K&=)<;#12$+'
•' !$%&#T#N#&8.#K%'M$'N8'=K=2N8.#K%'V'N8'N2..$'
"K%.;$'N8'=KNN2.#K%'M$'NS8#;+''
'''E) 2F0/A"2")
(<NJSMI8J)KN)TVP7QMS<R7SMI8) #7TSMPMQ7SMI8)`)R7)QTIK<PSMI8)KN)R7)Ja8S_[JN)
) )
a$&.#.2$;'N8'M<U#%#.#K%'M$'N8'=KNN2.#K%' 78'=KNN2.#K%'8.9K&=)<;#12$'$&.'2%'=)<%K9:%$'82'
42
3,(
8.9K&=)<;#12$' "K2;&'M212$N'#N'*'8'"K%.89#%8.#K%'M$'NS8.9K&=):;$'
' =8;'N$&'=KNN28%.&+'''
b2$N&'&K%.'N$&'=KNN28%.&'8.9K&=)<;#12$&'c' 7$&'=KNN28%.&'8.9K&=)<;#12$&'&K%.'M$&'L8_'
' P"$;.8#%$&'&2T&.8%"$&'")#9#12$&Q'K2'M$&'=8;.#"2N$&'
' $%'&2&=$%&#K%'M8%&'NS8#;'P8<;K&KN&Q+'
b2$NN$&'&K%.'N$2;&'K;#L#%$&'c' /N&'K%.'2%$'K;#L#%$'%8.2;$NN$'$.'2%$'K;#L#%$'8;.#U#"#$NN$'
' '
0#.$_'N$&'=KNN28%.&'%8.2;$N&'M$'NS8.9K&=):;$+'' 7$&'=KNN28%.&'%8.2;$N&'&K%.'=;#%"#=8N$9$%.'N$'
' M#KZ*M$'M$'&K2U;$'P!DIQ,'N$'M#KZ*M$'MS8_K.$'P?DIQ'$.'
' N$&'=8;.#"2N$&'$%'&2&=$%&#K%'
' '
0#.$_'N$&'=KNN28%.&'M2&'82Z'8".#O#.<&')298#%$&' 7$&'=KNN28%.&'12$'NS)K99$';$[$..$'M8%&'
P8;.#U#"#$N&Q+' NS8.9K&=):;$'&K%.'R'N$'M#KZ*M$'M$'"8;TK%$'P0DIQ,'N$'
' M#KZ*M$'M$'&K2U;$'P!DIQ,'N$'M#KZ*M$'MS8_K.$'P?DIQ,'
' NSK_K%$'PDFQ'$.'N$&'=8;.#"2N$&'$%'&2&=$%&#K%d'
' '
b2$N&'&K%.'N$&'$UU$.&'M$'N8'=KNN2.#K%' N8'=KNN2.#K%'8.9K&=)<;#12$'=;KOK12$'R'
8.9K&=)<;#12$'&2;'N8'&8%.<')298#%$'c' ]' M$&'=;KTN:9$&'O#&2$N&'\'
' ]' M$&'M#UU#"2N.<&';$&=#;8.K#;$&d'
' '
0K99$%.'N2..$;'"K%.;$'N8'=KNN2.#K%' !$%&#T#N#&$;'N8'=K=2N8.#K%'R'
8.9K&=)<;#12$'c' ]'"K%.;$'NS8T8..8L$'8T2&#U'M$&'8;T;$&\''
]'82';$TK#&$9$%.'\'
]'"K%.;$'N$'U$2'M$'T;K2&&$'\'
]'"K%.;$'NS<9#&&#K%'M$&'L8_'V'$UU$.'M$'!$;;$'
'\E) "\.&$./',0)
NJJN8SMNRJ'' '
8Q' C<U#%#&&$_'N8'=KNN2.#K%'8.9K&=)<;#12$+' 78'=KNN2.#K%'8.9K&=)<;#12$'$&.'2%'=)<%K9:%$'82'
' "K2;&'M212$N'#N'*'8'"K%.89#%8.#K%'M$'NS8.9K&=):;$'
' =8;'M$&'=KNN28%.&+'''
' '
TQ' b2$N&'&K%.'N$&''=;#%"#=82Z'=KNN28%.&' ]' 7$'M#KZ*M$'M$'"8;TK%$'P0DIQ'
8.9K&=)<;#12$&'M2&'82Z'8".#O#.<&' ]' N$'M#KZ*M$'M$'&K2U;$'P!DIQ,''
)298#%$&'c' ]' N$'M#KZ*M$'MS8_K.$'P?DIQ'
' ]' NSK_K%$'PDFQ''
I+)2MS<7SMI8)JMLMR7MTN)) ]' $.'N$&'=8;.#"2N$&'$%'&2&=$%&#K%'
C8%&'N8'"K992%$'M$''A#%.89TK,'NS$%&$#L%8%.' =E)/T7MSNLN8S)KN)R7)JMS<7SMI8)JMLMR7MTN)
M$'NS#%&.#.2.'BN#%Ln8'M$98%M$'82Z'<N:O$&' '
MS$Z=N#12$;'N8'9K;.'=8;''8&=)*Z#$'M$&'9$9T;$&' 6Z=N#"8.#K%'M$&'"82&$&'M$'NS8&=)*Z#$''
MS2%$'U89#NN$'=8;'&2#.$'M$'NS2.#N#&8.#K%'8T2&#O$' '
MS2%'L;K2=$'<N$".;KL:%$+'
)
-!'/"!"2)*3"\.&$./',0)
?E)'SNLJ) =E)/T7MSNLN8S)KN)R7)JMS<7SMI8)JMLMR7MTN'
8Q' a<=K%&$'"K;;$".$'R'I3I' 8Q' ($;.#%$%"$'R'>3>'
TQ' a<=K%&$'"K;;$".$'R'F3F' TQ' !.;2".2;$'''R'I3I'
"Q' a<&2N.8.''''R'I3I'
)
)
)
)
43
30(
5'-A")*3"B#&,'/./',0)*"))+./!'-")0H)>i)
2I<JCKIL7M8N)O)!"#$%"$&'()*&+,'-$")'$.' US76RMJJNLN8S)O'/%&.+'(<M8LKL#12$'72U#9#'
''''''''''''''''''''''''''''-/0' "8JNM;878S)O'58N#8%#'A8n8*8'
*MJPMQRM8N)O'!"#$%"$&'()*&#12$&304/5/6' *7SN)O'
/MSTN))))))))))O'6.2M$'M$'NS8#;' -R7JJN)O)H:9$'6J'
-IKN)))))))))O'5!(0>+h' !VWVTN8PNJ)O'(;KL;899$'M2'CB!,'N#O;$&'P98%2$N&Q,'
E2#M$'$%'''8==2#'82'=;KL;899$'
+7SVTMNR)KMK7PSMX<N)R'D;M#%8.$2;,'9KM$9,'.<N<=)K%$''
=K;.8TN$'8==;K=;#<+''''''''''''''
-ILQVSN8PN)R''
B=;:&' 8OK#;' ;<8N#&<' NS$%&$9TN$' M$&' 8".#O#.<&' =;K=K&<$&,' NS<N:O$' &$;8' "8=8TN$' M$' .;8#.$;'8O$"'&2"":&'$.'
M$'98%#:;$'8""$=.8TN$'M$&'&#.28.#K%&'U8#&8%.'8==$N'V'M$&'&8OK#;&'$&&$%.#$N&'M$'N8'"8.<LK;#$'W'B#;X+)
"YNLQRN)KN)JMS<7SMI8)O''
C8%&' N8' "K%.;<$' M$' 5T8%q8%8,' "K992%$' 2;T8%K];2;8N$' M$' N8' ?S&$N$' V' A#%&)8&8,' N$&' <N:O$&' M$' N8'
H:9$' 8%%<$' M$' NS6J' M$' NS#%&.#.2.' =<M8LKL#12$' 72U#9#,' "K%&.8.$%.' N8' =KNN2.#K%'M$'NS8#;,'N$';<")82UU$9$%.'
"N#98.#12$'$.'2%$'M#9#%2.#K%'M$'N8'=N2O#K&#.<'M8%&'N$2;' 9#N#$2+'6%'$UU$".28%.'M$&';$")$;")$&'&2;'N$'?$.,'
#N&' M<"K2O;$%.' 12$' "$..$' &#.28.#K%' &$;8#.' M2$' %K.899$%.' V' NS8T8..8L$' 8T2&#U' M$&' 8;T;$&' =K2;' N8'
O#NN8L$&' $%O#;K%%8%.&+' 0S$&.' 8#%&#' 12S8O$"' NS$%"8M;$9$%.' M$' N$2;' $%&$#L%8%.' M$&' !"#$%"$&' ()*&#12$&,'
#N&'<.2M#$%.'N$'=;KTN:9$'$.'*' $%O#&8L$%.'M$&'&KN2.#K%&+'
'E) .-/'\'/"2)'0'/'.&"2)
?E)\VTMWMP7SMI8)KNJ)PI887MJJ78PNJ) ?E)!VQI8JNJ)7<Y)X<NJSMI8J)
)))))QTVPVKN8SNJ) 78'=KNN2.#K%'8.9K&=)<;#12$'$&.'2%'=)<%K9:%$'82'
a$&.#.2$;'N8'M<U#%#.#K%'N8'=KNN2.#K%' "K2;&'M212$N'#N'*'8'"K%.89#%8.#K%'M$'NS8.9K&=):;$'
8.9K&=)<;#12$+' =8;'N$&'=KNN28%.&+'''
' '
]' 7$'M#KZ*M$'M$'"8;TK%$'P0DIQ'
'b2$N&'&K%.'N$&'=KNN28%.&'8.9K&=)<;#12$&'M2&'
82Z'8".#O#.<&')298#%$&'c' ]' N$'M#KZ*M$'M$'&K2U;$'P!DIQ,''
' ]' N$'M#KZ*M$'MS8_K.$'P?DIQ'
' ]' NSK_K%$'PDFQ''
) ]' $.'N$&'=8;.#"2N$&'$%'&2&=$%&#K%'
=E)+ISMZ7SMI8]*VPI<ZNTSN^) =E)-ILQTV_N8JMI8)KN)R7)JMS<7SMI8)
C$98%M$;'82Z'<N:O$&'M$'N#;$' 7$".2;$' &#N$%"#$2&$' M$' N8' &#.28.#K%' =8;' N$&' <N:O$&' $.''
&#N$%"#$2&$9$%.'$.''V')82.$'OK#Z'N8'&#.28.#K%+' V')82.$'OK#Z'=8;'2%'K2'M$2Z'<N:O$&+'
' '
C$98%M$;'82Z'<N:O$&'MS$Z=N#12$;'N8' 6Z=N#"8.#K%'=8;'2%'K2'M$2Z'<N:O$&+''
&#.28.#K%+'
''E) .-/'\'/"2)#!'0-'#.&"2)
),T;78MJ7SMI8)KN)R7)PR7JJN)NS)PI8JM;8NJ) '.PSMZMSVJ)J<T)RN)S76RN7<)KN)JQVPMWMP7SMI8)
) •' C<U#%#.#K%'M$'NS$UU$.'M$'&$;;$'
5$..;$'N$&'<N:O$&'$%'&K2&]L;K2=$'$.'N$2;' •' B%8N*&$'M$&'"82&$&'M$'NS$UU$.'M$'&$;;$'
M$98%M$;'82Z'<N:O$&'MS$Z=N#12$;'"N8#;$9$%.''
•' '/M$%.#U#"8.#K%'M$&'"K%&<12$%"$&'M$'NS$UU$.'M$'
NS$UU$.'M$'&$;;$,'&$&''"K%&<12$%"$&'M8%&'
NS$%O#;K%%$9$%.+' &$;;$'M8%&'NS$%O#;K%%$9$%.'
•' (;K=K&#.#K%'M$&'&KN2.#K%&''M$'N2..$'"K%.;$'N$&'
L8_'V'$UU$.'M$'&$;;$'
'
'
'
'
'
44
33(
'''E) 2F0/A"2")
(<NJSMI8J)KN)TVP7QMS<R7SMI8) #7TSMPMQ7SMI8)`)R7)QTIK<PSMI8)KN)R7)Ja8S_[JN'
a$&.#.2$;'N8'M<U#%#.#K%'M$'NS$UU$.'M$'&$;;$' 7S$UU$.'M$'&$;;$'$&.'2%'=)<%K9:%$''%8.2;$N''12#'
' "K%&#&.$'V';$.$%#;'2%$'=8;.#$'M$'N8'")8N$2;'&KN8#;$'V'N8'
' &2;U8"$'M$'N8'.$;;$,'=8;'N$'T#8#&'M2'=K2OK#;'8T&K;T8%.'
' M$'"$;.8#%&'L8_+'0$'=)<%K9:%$'&$'=8&&$'82'%#O$82'
' M$'N8'T8&&$'8.9K&=):;$'P.;K=K&=):;$Q+'
' )
' 7$'!KN$#N'<9$.'$%'=$;98%$%"$' 2%' ;8*K%%$9$%.'
' P9<N8%L$' M$' N29#:;$' O#&#TN$,' MS#%U;8;K2L$&' $.'
b2$N'$&.'N$'=;#%"#=$'M$'NS$UU$.'M$'&$;;$c' MS2N.;8O#KN$.&Q' 12#' &$' =;K=8L$' M8%&' NS$&=8"$+' @%$'
' =8;.#$' M$' "$' ;8*K%%$9$%.' &KN8#;$' .;8O$;&$'
' NS8.9K&=):;$'.$;;$&.;$'$.'$&.'8T&K;T<$'=8;'N8'&2;U8"$'
' M$' N8' .$;;$+) 78'.$;;$'<9$.'$%';$.K2;' 2%' ;8*K%%$9$%.'
' #%U;8;K2L$' PM<L8L$9$%.' M$' ")8N$2;Q' $%' M#;$".#K%' M$'
' Ns$&=8"$+' 0$=$%M8%.,' 2%$' =8;.#$' M$' "$' ;8*K%%$9$%.'
' #%U;8;K2L$' $&.' ;$%OK*<$' $%' M#;$".#K%' M$' N8' &2;U8"$'
' .$;;$&.;$' =8;' "$;.8#%&' L8_' M$' Ns8.9K&=):;$' 8==$N<&'
' W'L8_'V'$UU$.'M$'&$;;$'X'
' '
b2$N&'&K%.'N$&'=;#%"#=82Z'L8_'V'$UU$.'M$'&$;;$c' 7$&'=;#%"#=82Z'L8_'V'$UU$.'M$'&$;;$'&K%.'R'
' ]'N8'O8=$2;'MS$82'\''
' ]'N$'M#KZ*M$'M$'"8;TK%$'P0DIQ'\'
' ]'NSK_K%$'PDFQ''
' ]'N$'M#KZ*M$'MS8_K.$'P?DIQ'
' ]'N$'M#KZ*M$'M$'&K2U;$'P!DIQ'd'
' '
' '
b2$NN$&'&K%.'N$&'"K%&<12$%"$&'M$' ]' N$';<")82UU$9$%.'M$'N8'.$;;$'\'
NS82L9$%.8.#K%'M$&'L8_'V'$UU$.'M$'&$;;$'M8%&' ]' NS<N<O8.#K%'M2'%#O$82'M$'N8'9$;''
NS$%O#;K%%$9$%.'c' ]' N8'M<&$;.#U#"8.#K%'
' '
' '
b2$NN$&'&K%.'N$&'&KN2.#K%&'=K2;'N2..$;'"K%.;$' 7$&'&KN2.#K%&'$%O#&8L<$&'=K2;';<M2#;$'N$&'L8_'V'$UU$.'
NS<9#&&#K%'M$&'L8_'V'$UU$.'M$'&$;;$'#&&2&'M$&' M$'&$;;$'&K%.'R'
8".#O#.<&')298#%$&c'' ]'N8';<M2".#K%'M$&'9K*$%&'M$'.;8%&=K;.&'=KNN28%.&\'
]'N$'M<O$NK==$9$%.'M$&'<%$;L#$&';$%K2O$N8TN$&'P"8&'
M$'NS<%$;L#$'&KN8#;$,'<KN#$%%$Q\'
]'<O#.$;'N$'U$2'M$'T;K2&&$'d'
'\E) "\.&$./',0)
?E\VTMWMP7SMI8)KNJ)7PX<MJ)J<T)RNJ)J7ZIMTJ) ?E!VQI8JNJ)7<Y)X<NJSMI8J)]MSNLJ^))
NJJN8SMNRJ'' ]' N8'O8=$2;'MS$82'\'
8Q' b2$N&'&K%.'N$&'L8_'V'$UU$.'M$'&$;;$'c' ]' N$'M#KZ*M$'M$'"8;TK%$'P0DIQ'\''
' ]' N$'M#KZ*M$'M$'&K2U;$'P!DIQ,''
' ]' N$'M#KZ*M$'MS8_K.$'P?DIQ'
' ]' NSK_K%$'PDFQd''
' )
]' N$';<")82UU$9$%.'M$'N8'.$;;$'\'
TQ' b2$NN$&'&K%.'N$&'"K%&<12$%"$&'M$'
]' NS<N<O8.#K%'M2'%#O$82'M$'N8'9$;'P#%K%M8.#K%&Q'
NS$UU$.'M$'&$;;$'M8%&'NS$%O#;K%%$9$%.'c'
]' N8'M<&$;.#U#"8.#K%'
' )
) =E/T7MSNLN8S)KN)R7)JMS<7SMI8)JMLMR7MTN)
=E2MS<7SMI8)JMLMR7MTN'' (8;.8%.'MS2%$'M<")8;L$'=2TN#12$'T#$%'#M$%.#U#<$'M8%&'
7S$%&$#L%8%.'M$98%M$'82Z'<N:O$&'MS<.2M#$;'NS8#;' N8'O#NN$,'N$&'<N:O$&'UK%.'2%'"K%&.8.'M$'NS8#;'
45
34(
12#'$%O#;K%%$'2%$'M<")8;L$'=2TN#12$'P.8&' $%O#;K%%8%.+'
MS#99K%M#"$&Q'M8%&'N8'O#NN$E)
-!'/"!"2)*3"\.&$./',0)
?E 'SNLJ =E /T7MSNLN8S)KN)R7)JMS<7SMI8)JMLMR7MTN
8Q a<=K%&$'"K;;$".$'R'I3I 8Q ($;.#%$%"$'R'>3>
TQ a<=K%&$'"K;;$".$'R'F3F TQ !.;2".2;$''''R'I3I
"Q a<&2N.8.''''''R'I3I
46
35(
'
''E) 2-'"0-"2)#AF2'($"2G#AF2'($")
)
!"#$%&'(%)*+,"-.-",/&'%&0.-1"#%&/2&34&
%-.5+"66%0%/-!"!!"#$%&'$(& %/6%"9/./-!! !!!!!!!!!!!!!!!!!!!"!!9:;1:$
6,768',0."/%&"!!"#$%&'()$*+"&,-$$ '.-%! ! !!!!!!!!!!!!!!!!!!!"!&
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$+.$*/0$ #+.66%!!!!!!!!!!!!!!!!!!!!"&-./0&12230&
'"6#"*+"/%&"!#$%&'$&#!()*#%+,&#-! 1%!%1%/#%6&&&&&&&&&&&&&&&&&&&&&&"&&
()*#%+,&! +4&5323&61781290:&$;<=>?@0&+:&)3912>?@0:&A1B0&+C&
D4&51</E2F&#,*08G1<:&$;<=>?@0&HE/0+:&&
-"-1%& !"!123,4+52($6-,437+,.38+($$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
#,'%! ! !!!!!"!)*$+,+,& &&&&)3912>?@0:&A1B0&+-&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&
C4&$8EB81//0&!F@91I>7&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&
$
J4&K@>F0&02&1AA@>&1@&A8EB81//0&
! ! 0.-%1"%+&'"'.#-":7%!!!"!
! ! 9-.$4<3==32+>8($4+$$7+(52+$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
#,0*%-%/#%! !"!!
?=2@($ 3A->2$ 2B38>(B$ 8<+,(+7C8+$ 4+($ 3".>A>.B($ =2-=-(B+()$ 8<B8@A+$ (+23$ "3=3C8+$ 4+$ .23>.+2$ 3A+"$ (5""@($ +.$ 4+$
73,>@2+$ 3""+=.3C8+)$ 8+($ (>.53.>-,($ 63>(3,.$ 3==+8$ D$ 4+($ (3A->2($ +((+,.>+8($ 4+$ 83$ "3.BE-2>+$ F123,4+52($
=&'(>G5+(H&
%)%0*+%&'%&6"-7.-",/!"!!
C8%&' &8' =KN#.#12$' MS89<N#K;8.#K%' M$' N8' 128N#.<' M$' NS$%&$#L%$9$%.,' N$' 9#%#&.:;$' M$' NS6(!(]/?0'
K".;K#$' V' NS/%&.#.2.' M$' ?*8%L8,' M8%&' N$' .$;;#.K#;$' M$' -&)#q8=8,' 2%' NK.' M$' 98.<;#$N' "K%.$%8%.' M$&'
9:.;$&];2T8%&,' M$&' ")8o%$&' MS8;=$%.$2;,' M$&' T8N8%"$&,' M$&' ");K%K9:.;$&,' M$&' 89=:;$9:.;$&,'
M$&' .)$;9K9:.;$&' $.' M$&' N2Z9:.;$&+' B' NSK""8&#K%' M$' N8' [K2;%<$' 6"KN$' D2O$;.$,' NS$%&$#L%8%.' M$&'
!"#$%"$&'()*&#12$&';$=8;.#.'&$&'<N:O$&'M$'H$'8%%<$'M$'NS6J'$%'=$.#.&'L;K2=$&'$.'MK%%$'V'")812$'
L;K2=$'2%'98.<;#$N'MK%.'#N'MK#.'&2#O;$'N$'=;K.K"KN$,'8U#%'12$'")812$'L;K2=$'$UU$".2$'N8'9$&2;$'M$'
N8' L;8%M$2;' UK%M89$%.8N$' V' N812$NN$' $&.' 8&&K"#<' N$' 98.<;#$N+' LM& M0@8& A83=02I0& 02& E@I80& @2&
39;12I>MME2&F0&N81>=0&17>2&FO02&F3I08/>208&M1&?@12I>I3&F0&/1I>.80&=19;12I&?@O>M&0=I&0==02I>0MM0/02I&
9E2=I>I@3&F@&918NE20,&
.;<=>=<?@&AB&C(%D@B=EDFD<& .;<=>=<?@&AB&C(?CG>B&
"H) .#-"I"-%6&"/"-".+%6&
!"#$%&'(')*+',-#./0#),--*'00*-)/0# 8%9,-0/0#:#;*#<6/0+',-!
$./01!203!!415670813!9:675;06/5203!78! 9JFDABKJ&&&&&&&&&&7D=<?&AB&LB@KJB&&&&&.MMFJB=C&AB&LB@KJB&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&
3<3/=;0!;>/1.?80!5@0A!20813!86./>3!70! !!N:648081E2L!!!!!!!!;=/10!E;L!!!!!!!!!!!!!!!!;=/10C;0381081!
;03810B! !!O5330!E;L!!!!!!!!!!P.2:415;;0!EP4L!!!!!G5256A0!
! !!Q0;I3!E/L!!!!!!!!!!!!30A:670!E3L!!!!!!!!!!!!AK1:6:;=/10!!
! !
1"#2,+'3*+',-#45%),63/&+/7! #NLMJ?OBD@=ND&AB&CF&@=<KF<=ND&
C!(1>306/01!25!3./85/.:6!58D!>2=@03!"!95.10! C!R//06/.:6!70!25!A25330B&
2.10!25!3./85/.:6!E7F5G:17!06!3.206A0H!I8.3! C!N0A/810!J!K58/0!@:.D!70!25!3./85/.:6!I51!/:83!203!>2=@03!0/!!
J!K58/0!@:.DLB! !!!I8.3!I51!86!:8!708D!>2=@03B!
C!M5.10!0DI2.?801!25!3./85/.:6B& !
""H&&.#-"I"-%6&*1"/#"*.+%6&
,JEFD=@F<=ND&AB&CF&;CF@@B&B<&;ND@=EDB@&P& .;<=>=<?@&@KJ&CB&<FQCBFK&AB&@M?;=R=;F<=ND&
&&& !
S>I51/.1!203!>2=@03!06!3:83C41:8I03!0/! !
2081!70;56701!70!;0601!203!5A/.:63! =&%0/-+*+',-#./#;*#9&,.6)+',-#4&%06;+*+7#
38AA033.@03!I:81!;038101!25!41567081! !!!!
9:675;06/520!J!2F5.70!7F86!.63/18;06/! !!!T!U>G522540!0/!703A1.I/.:6!78!;5/>1.02B!
:8!7F86!5II510.2!5II1:I1.>B!!! !!!T!AK:.D!70!2F:GV0/!J!;038101!0/!70!2F5II510.2!J!8/.2.301B!
!!!T!S0/15./!703!5II510.23!5II1:I1.>3!70!;03810B!
!!!T!(1.30!70!;038103!703!:GV0/3!A.G2>3B!
47
3-(
!!!T!O.30!7563!860!9.AK0!7F:G301@5/.:6!703!415670813!!
!!!!!!;0381>03H!203!@520813!:G/06803!0/!203!5II510.23!!
!!!!!!8/.2.3>3B!!!
!
"""H&&&6S/-$%6%&
>6/0+',-0#./#&%)*9'+6;*+',-# =*&+')'9*+',-#./0#%;?3/0#:#;*#9&,.6)+',-#./#;*#0@-+A?0/#
C!U103301!860!41.220!A:6/0656/!203!30I/! 123,4+52$4+$C3(+$ I,>.B$4+$ ?==32+>8$4+$7+(52+$$
415670813!78!3<3/=;0!.6/0165/.:652! 7+(52+$
5@0A!20813!3<;G:203H!20813!86./>3!70! J#$9-,E5+52$K8L$ 7@.2+$K7L$ M@.2+$25C3,)$2@E8+)$
;03810!5@0A!3<;G:203!0/!20813! =>+4$D$"-58>((+)$
5II510.23!70!;03810!5II1:I1.>3B! =387+2)$+."#$
!
N#$M3((+$K7L$ O>8-E2377+$ P383,"+$
!
KOEL$
!
Q#$*+7=($K.L$ (+"-,4+$K(L$ 0&2-,-7@.2+$
!
$
!
! R#$/,.+,(>.B$$$$$ 37=@2+$K?L$ 37=@2+7@.2+$
! $$$B8+".2>G5+$K/L$
! S#$*+7=B23.52+$!"#$ O+8A>,$KTL$ *&+27-7@.2+$
! $
! U#$/,.+,(>.B$ "3,4+83$K04L$ 95V7@.2+$
! 857>,+5(+$K/AL$ KG5>)$+,$63>.)$7+(52+$
! 8<B"83>2+7+,.L$
!
!
W#$X53,.>.B$4+$
73.>@2+$K,L$
7-8+$K7-8L$
Y
$$$$$$$$$$$$$ $
+8F5II0220C/C:6!?856/./>!70!;5/.=10!W! !
! N5!?856/./>!70!;5/.=10!7F86!A:1I3!03/!860!41567081!?8.!0DI1.;0!
$:;G.06!7F06/./>3!E;:2>A8203H!5/:;03H! 20!6:;G10!70!;:203!?80!A:6/.06/!A0!A:1I3B!!
.:63H!0/ABL!860!;:20!A:6/.06/C0220W! !
! ,60!;:20!A:6/.06/!!XHYZZB[YZ\!06/./>3!E':;G10!7FR@:4571:LB!
C!+80220!03/H!7563!6:/10!I5<3!0/!7563!70! !
6:;G108D!58/103!I5<3!9156A:IK:603H!! !
2F86./>!I15/.?80;06/!8/.2.3>0!I:81! CU563!6:/10!I5<3!0/!7563!70!6:;G108D!58/103!I5<3!
;038101!25!/0;I>15/810!7F86!A:1I3!W! 9156A:IK:603!:6!8/.2.30!20!7041>!$023.83H!6:/>!]$!A:;;0!86./>!
70!;03810!70!/0;I>15/810!7F86!A:1I3B!
"IH&%I.+7.-",/#
$%&'(')*+',-#./0#*)<6'0#$ 8%9,-0/0#*6B#<6/0+',-0#4'+/C07!
[B!+8023!3:6/!203!51/.3563!:8! [B!!!5L!20!;=/10!18G56!"!A:8/81.013H!!!!!!!!!!!!!!
I1:9033.:66023!?8.!8/.2.306/!3:8@06/!"! !!!!!!!!!!!;068.3.013H!A:;;01a56/3B!
5L' 20!;=/10C18G56!W!!# GL!20!/K01;:;=/10!"!$:1I3!;>7.A52B!
GL' 20!/K01;:;=/10!W# AL' N5!G5256A0!"!A:1I3!;>7.A52!EI=30CI013:6603L!0/!
AL' 25!G5256A0# A:;;01a56/3!EG5256A03!70!A:;;01A0L!
!
#1"#N5!;5330!7F86!5/:;0!70!901!03/! &
CZ\
>4520!J!^H\B[Y 4B!_6!7.3I:30!7F860! TH&&
I0/./0!G5110!70!901!70!;5330!\`Y!4!0/! &
:6!7>3.10!35@:.1!"! &
5LN0!6:;G10!7F5/:;03!70!901!?80! &
A:6/.06/!A0//0!G5110!70!901B! 5L' N0!6:;G10!E'L!7F5/:;03!@58/!20!15II:1/!70!708D!
! ;53303!"!!
! '!b!\`Y!-!^H\B[YCZ\!b!\HcXB[YZd!5/:;03B!
!
48
3.(
GLN5!?856/./>!70!;5/.=10!?80!A:6/.06/! GL' N5!?856/./>!70!;5/.=10!E6L!70!25!G5110!03/!3:6!6:;G10!

25!G5110B# 70!;:203B!_1!860!;:20!7F5/:;03!A:6/.06/!XHYZZB[YZ\!
# 5/:;03B!!6!b!!\HcXB[YZd!-!XHYZZB[YZ\!!"!XHZ!;:2B!U:6A!
# A0//0!G5110!70!901!A:6/.06/!XHZ!;:203B!
# !
# -JF=<BLBD<&A(KDB&@=<KF<=ND&@=L=CF=JB&!
D'+6*+',-#0'C';*'&/# !
&990A/801!703!;038103!381!703! e1567081! RII510.2! O03810!
6:8@058D!:GV0/3!0/!A:;I.201!203! ;0381>0! 8/.2.3>! :G/0680!
1>382/5/3!7563!86!/5G2058!A:;I10656/! ! ! !
203!18G1.?803!38.@56/03!"!41567081!
! ! !
;0381>0H!5II510.2!8/.2.3>!0/!;03810!
:G/0680B# #
! ! !
#J=<GJB@&MNKJ&C(?>FCKF<=ND&AB@&J?@KC<F<@&AB@&FMMJBD<=@@FEB@&J?FC=@?@&MFJ&CB@&?CG>B@&P&
*7# E+/C0#########################################################F7#G&*'+/C/-+#./#;*#0'+6*+',-#0'C';*'&/#H#
S>I:6303!A:110A/03!"!
$ $ $ $
!![B!!5L! !!!!!!!!!!GL! !!!!!!!!!AL!!!! !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!![B!(01/.606A0"!! !!!
$ $ $ $
!
% $
!!ZB!!!!! !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!ZB!#/18A/810"!! !!!
% $
&
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!\B!S>382/5/!!"!! !!! !
&
!
&
&
&
&
&
&
&
&
&
&
&
!"#$%&'(%)*+,"-.-",/&'%&0.-1"#%&/2&3T&
%-.5+"66%0%/-!"!!"#$%&'$(& %/6%"9/./-!! "$]:*0[$MI*^MP^$
6,768',0."/%"!!"#$%&'()$*+"&,-$+.$*/0$ '.-%! ! "&
'"6#"*+"/%&P&!">+,"+($%&'(>G5+(Z$ #+.66%!"&-./0&12230&
%[\!/XI:& 1%!%1%/#%6"&
-"-1%& &&&&&&! !!!!"!123,4+52($ +4&5323&61781290:&$;<=>?@0+:)3912>?@0:&A1B0&P&
6-,437+,.38+($ D4&51</E2F&#,*08G1<:&$;<=>?@0&HE/0+:&)3912>?@0:&A1B0&+QP&&&&&&&&&&&&&
C4&$8EB81//0&!F@91I>7&A&CR:&JR&S&J+&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&
#,'%! ! !!!!"!)*$+,+,&
J4&K@>F0&02&1AA@>&1@&A8EB81//0&AQ&
$
0.-%1"%+&'"'.#-":7%"!
! !
C' I,+$=>@"+$4+$_3V$"-,E-83>($
! !
C' 9<+7C3883E+$4<5,$=3G5+.$4+$C>("5>.#$$
$
49
3/(
#,0*%-%/#%! "!!
?=2@($3A->2$2B38>(B$8<+,(+7C8+$4+($3".>A>.B($=2-=-(B+()$8<B8@A+$(+23$"3=3C8+$4+$.23>.+2$3A+"$(5""@($+.$4+$73,>@2+$
3""+=.3C8+)$8+($(>.53.>-,($63>(3,.$3==+8$D$4+($(3A->2($+((+,.>+8($4+$83$"3.BE-2>+$F123,4+52($=&'(>G5+(H&
%)%0*+%&'%&6"-7.-",/!"!!
6O02=0>B212I& A83=02I0& M0=& >2=98>AI>E2=& ?@O>M& 1& I8E@T30=& =@8& 908I1>2=& A8EF@>I=& 0I& @2& />2>N@=& ME8=& F0& =1&
A8E/021F0&02&T>MM0&U&
S'20&A>.90&F0&G1V&9E2BEM1>=&U&W&<18F=&&&&S&'2&A1?@0I&F0&N>=9@>I&U&R:RD&EX
S '2&/>2>N@=&U&D:&Q&IE220=&&&&S&'2&N>YE@&AM1?@3&FO@20&9E@9;0&F0&F>1/12I&F0&C&9181I=,
LM&F0/12F0&1ME8=&Z&=0=&3M.T0=&FO>F02I>7>08&M0=&=<=I./0=&FO@2>I3=&F0&/0=@80&@I>M>=3=&AE@8&
90=&18I>9M0=&0I&90&/>2>N@=,&
""H .#-"I"-%6&"/"-".+%6
$%&'(')*+',-#./0#),--*'00*-)/0# 8%9,-0/0#:#;*#<6/0+',-#
$./01!203!30I/!!415670813!9:675;06/5203! [B N:648081!"!;=/10!!ZB!O5330!"!P.2:415;;0
78!3<3/=;0!.6/0165C! \B Q0;I3H!781>0!"!30A:670!!dBQ0;I>15/810!"!P02@.6
/.:652!5@0A!20813!86./>3!70!;03810B! `B %6/063./>!>20A/1.?80!"!5;I=10!!XB!.6/063./>!28;.60830!"
A567025!!!cB!+856/./>!70!;5/.=10!"!;:20
2,+'3*+',-#45%),63/&+/7!
C (1>306/01!25!3./85/.:6!58D!>2=@03!"!95.10 #NLMJ?OBD@=ND&AB&CF&@=<KF<=ND&
2.10!25!3./85/.:6!E7F5G:17!06!3.206A0H!I8.3! C N0A/810!J!K58/0!@:.D!70!25!3./85/.:6!I51!86!:8!708D!>2=@03B
J!K58/0!@:.DLB! C &DI2.A5/.:6!70!25!3./85/.:6B
C M5.10!0DI2.?801!25!3./85/.:6B
""H .#-"I"-%6&*1"/#"*.+%6
I&J*-'0*+',-#./#;*#);*00/#/+##),-0'J-/0P& K)+'3'+%0#06&#;/#+*F;/*6#./#09%)'(')*+',-#
CS041:8I01!25!A25330!06!3:83C41:8I03!0/
2081!70;56701!70!;0601!203!5A/.:63 =&%0/-+*+',-#./#;*#9&,.6)+',-#4&%06;+*+7#
38AA033.@03!I:81!" T U03A1.I/.:6!7F58/103!3<3/=;03!7F86./>3!70!;03810!06!70K:13!78
C7>A1.10!203!7.99>106/3!3<3/=;03 3<3/=;0!.6/0165/.:652!
7F86./>3!70!;03810!06!70K:13!78
3<3/=;0!.6/0165/.:652 T$:6@013.:6!703!86./>3!70!;03810!70!A03!3<3/=;03!!06!86./>3!78!#%
C 95.10!A:6@01/.1!203!7.99>106/03!86./>3
I1>306/>03!7563!25!3./85/.:6!06!86./>3
78!#%B
"""H 6S/-$%6%
>6/0+',-0#./#&%)*9'+6;*+',-# =*&+')'9*+',-#./0#%;?3/0#:#;*#9&,.6)+',-#./#;*#0@-+A?0/#
U103301!860!41.220!703!7.99>106/3! KLG8MD#DNDGM2MD#5OLPEGMD#5M#2MDL8M#
3<3/=;03!A:6/0656/!203!415670813! [!B6U@<GLB&#96&V;BD<=LG<JB8EJFLLB8@B;NDABW!
IK<3.?803H!20813!86./>3!70!;03810H!20813! Q8KP5ML8# LPEGM#5M#2MDL8M# RIP$M8DEIP#MP#LDE#
3<;G:203!5.63.!?80!20813!A:6@013.:63!06! N:648081! 20!A06/.;=/10!EA;L! [!A;!b!YHY[!;!
,#%B! O5330! 20!415;;0!E4L! [!4!b!YH!YY[!P4!
Q0;I3H!781>0! 25!30A:670!E3L! !!!!![!3!
ZB 6U@<GLB&0-6&VLG<JB8<NDDB8@B;NDABW
Q8KP5ML8# LPEGM#5M#2MDL8M# RIP$M8DEIP#MP#LDE#
N:648081! N0!;=/10!E;L! !!!!!![!;!
O5330! N5!/:660!E/!:8!QL! [!YYY!P4!
Q0;I3H!781>0! N5!30A:670!E3L! !!!!![!3!
50
41(
\B 6U@<GLB&FDECN8@FXND
Q8KP5ML8# LPEGM#5M#2MDL8M# RIP$M8DEIP#MP#LDE#
N:648081! C20!<517!E<7L [!<7!b!^[HddA;!:8!
YH^[dd!;!
C 20!.6AK!E!fFL!:8!20 [!gb![!f!:8!ZH`d!A;!
I:8A0EfL :8!YHYZ`d!;!
C 20!I.07!:8!9::/!E9/L [9/b\YHdh!A;!:8!
YH\Ydh!;!
O5330! C 25!2.@10!El!" !![!l!#,##-./0/#12!
$ %&#'()&#*'+" ![!:i!b!!YHYZh\`!P4!!
E58!$56575L!:8!
C U563!?802!7:;5.60!8/.2.30C/C:6!20 YHY\Y`^!P4!E06!M156A0L!
<517!W
C +8F03/CA0!?8F:6!8/.2.30!A:;;0!86./> ':/03"!
70!;03810!70!;5330!7563!203!.6783/1.03! C N0!<517!03/!860!86./>!8/.2.3>0!7563!203!.6783/1.03!/0D/.203B
70!V:5.2201.0W! C U563!203!.6783/1.03!70!V:5.2201.0!0/!703!I.01103!I1>A.08303!:6
C +802203!3:6/!203!86./>3!8/.2.3>03!I:81 8/.2.30!A:;;0!86./>!70!;03810!70!;5330!20!A515/!EA/L!"
203!4156703!;53303!W [!A/!b!YHZY!4!:8!YHYYYZY!P4
C (:81!703!4156703!;53303H!:6!8/.2.30!25!/:660E/L!0/!20!?8.6/52E?LH
:6!5!"!![/!b![YYY!P4!!0/![?!b![YY!P4B
"IH %I.+7.-",/&'%6&1Y67+-.-6&'%6&.**1%/-"66.9%6&1Y.+"6Y6&*.1&+%6&Y+ZI%6
$%&'(')*+',-#./0#*)<6'0## 8%9,-0/0#*6B#<6/0+',-0#4'+/C07!
E+/C0# C (.=A0!70!j5D!A:64:25.3!70!X!<5173!"
$:6@01/.1!203!7.99>106/03!86./>3!70!;03810!703! $:;;0![!<7!b!YH^[dd!;!52:13H
415670813!I1>A./>03!70!2F0D0;I20!70!3./85/.:6!06! X!<7!b!X!D!YH^[dd!;!k!X<7b`HdhX!d!;!b!`dhHXd!A;
86./>3!78!#%B! C (5?80/!70!!G.3A8./!70!YHYZ!:i!"
_6!35./!?80![!:i!b!YHZh\`!P4!52:13H
YHYZ!:i!b!YHYZ!D!YHZh\`!P4!:8!YHYY`Xc!P4!b!`HXc!4
C ,6!;.6.G83!70!ZH`!/!"
[!/!b![YYY!P4!k!ZH`!/!b!ZH`!D![YYY!P4!b!Z`YY!P4
C ,6!G.V:8!I25?8>!7F860!A:8AK0!70!7.5;56/!70!\!A515/3"
[!A/!b!YHZY!4!!:8!YHYYYZY!P4k!5.63.!"
\!A/!b!\D!YHZY!4!:8!YHXY!4!b!YHYYYXY!P4
#6=<KF<=ND&@=L=CF=JB& -JF=<BLBD<&A(KDB&@=<KF<=ND&@=L=CF=JB&
,6!1>3.706/!70!O5/57.!10a:./!7FR6@013!86!
A5;.:6!70!cH`!QB!RI1=3!@>1.9.A5/.:6H!.2!<!/1:8@0!86! [B cH`!Q!!!!!!!b!cH`D[YYY!P4!:8!c`YY!P4
A:2.3!A:;I10656/!860!G:G.60!70!9.2!J!A:8710!70! [B [`YY!<7!b![`YYD!YH^[dd;!:8![!\c[HX!;
[`YY!<7H!86!I0/./!I5?80/!70!25./!70!YH[`!:iH!86! ZB YH[`!:i!!b!YH[`!D!YHZh\`!P4!:8!YHYdZ`Z`P4
2.64:/!7F:1!7F860!@52081!70![YY`!A/!0/!86!1:G.60/! \B [YY`!A/!!b![YY`!D!YHYYYZY!P4!:8!YHZY[!P4
70!YHh!I:8A0B!!%2!7>3.10!?8F:6!!28.!A:6@01/.330!A03! dB YHhF!b!YHh!D!YHYZ`d!;!:8!YHYZY\Z!;!b!ZHY\Z!A;
.67.A5/.:63!06!86./>3!78!#%B!!
#1"-%1%6&'(%I.+7.-",/&
*7 $%&'(')*+',-#./0#*)<6'0 F7 $%&'(')*+',-#.6#+&*'+/C/-+#./#;*#0'+6*+',-#0'C';*'&/
C S>I:6303!A:110A/03!"![-[ C (01/.606A0!"!!!![-[
C S>I:6303!A:110A/03!"![-[ C #/18A/810!!!!"!!!!Z-Z
C S>I:6303!A:110A/03!"![-[ C S>382/5/!!!!!!"!!!!\-\
C S>I:6303!A:110A/03!"![-[
51
42(
5'-A")*3"B#&,'/./',0)*")+./!'-")0H)>c)
2,$2C*,+.'0")R'*9,&$;<=:&H09;2E&0I&HL[& "/.%&'22"+"0/'R')
*'2-'#&'0")&R&*[L!([!*& "02"'10.0/'' '''''R'&
$\]*L^'!*%$\]*L^'!& *./"' ' '''''R'&
/'/!"))))))))' '''''R'K812F0@8=&F38>T30=& -&.22"' '''''R'-./0&12230&
-,*"'' '''''R')*$+,D,& !"5"!"0-"2&
& +4&5323&61781290:&$;<=>?@0&+:&)3912>?@0:&A1B0&+_&
D4&51</E2F&#,*08G1<:&$;<=>?@0&HE/0+:&&
&&&&)3912>?@0:&A1B0&DC&
C4&">1MME&H;>082E&0I&1M:&*9>0290=&$;<=>?@0=&J`:&&
&&&&!F>907:&A1B0&+R&
J4&$8EB81//0&!F@91I>7&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&
Q4&K@>F0&02&1AA@>&1@&A8EB81//0&
&
+./"!'"&)*'*.-/'($"'
+&539;1@F&Z&D&AM1?@0=&>F02I>?@0=&aE@&F0@V&A0I>I=&
839;1@F=&F0&AM1?@0=&>F02I>?@0=4:&8.BM0=:&D&91==08EM0=:&@2&
9;8E2E/.I80:&@20&N188>?@0&0I&@2&IE220M0I,&&
-,+#"/"0-"' 'R''
#A8.=&1TE>8&831M>=3&MO02=0/NM0&F0=&19I>T>I3=&A8EAE=30=:&MO3M.T0&=081&91A1NM0&F0&I81>I08&1T09&=@99.=&0I&F0&
/12>.80& 1990AI1NM0:& M0=& =>I@1I>E2=& 71>=12I& 1AA0M& Z& F0=& =1TE>8=& 0==02I>0M=& F0& M1& 91I3BE8>0& bB812F0@8=&
A;<=>?@0=c,&
"B"+#&")*")2'/$./',0'R&&
58M89$' 6T:%$' A8%$%$' =N8"$' M$2Z' "8&&$;KN$&' "*N#%M;#12$&' &2;' M$2Z' =N812$&' #M$%.#12$&' MS2%' ;<")82M'
<N$".;#12$+' 7$&' M$2Z' "8&&$;KN$&' &K%.' $%' 9g9$' 9<.8N,' M$' 9g9$' OKN29$,' 98#&' M$' &2;U8"$&' M#UU<;$%.$&+'
6NN$&'"K%.#$%%$%.'")8"2%$'2%'N#.;$'MS$82'12S$NN$'O$2.'=K;.$;'V'NS<T2NN#.#K%+'6NN$'T;8%")$'N$';<")82M'&2;'N$'
"K2;8%.'M2'&$".$2;'$.'NS8NN29$+'6NN$'"K%&.8.$'12$'N$'.$9=&'MS<T2NN#.#K%'M$'NS$82'M$'M$2Z'"8&&$;KN$&'%S$&.'
=8&' N$' 9g9$+' 6.8%.' V' M$2Z' q#NK9:.;$&' M$' NS/%&.#.2.' JK%MK*#' PM$' N8' (;KO#%"$' M$' 7K989#Q' 12S$NN$' =$2.'
8..$#%M;$' 8=;:&' .;$%.$' 9#%2.$&' M$' 98;")$,' $NN$' M<"#M$' MS*' 8NN$;+' C8%&' NS$%.;$.$9=&' &8' OK#&#%$' C<N#"'
52&n89T8' M<&#;$' M<.$;9#%$;' N$' OKN29$' M2' .K%%$N$.' 2.#N#&<' =K2;' N$' =8;.8L$' M2' .)<,' &$' &$;O8%.' M$' N8'
T8;;#12$'L;8M2<$'M$'N8'98#&K%+'7$&'M$2Z'M89$&'&$'N#O;$%.'V'NS$%&$#L%8%.'M$&'!"#$%"$&'()*&#12$&'M$'N8'
H$' 8%%<$' $%' O2$' M$' .;K2O$;' M$&' &KN2.#K%&' 8==;K=;#<$&' V' N$2;&' =;<K""2=8.#K%&+' 6NN$&' M<&#;$%.' $%' K2.;$'
&8OK#;'V'12$NN$'O#.$&&$'$NN$&'&$'&K%.'8#%&#'M<=N8"<$&''
.PSMZMSVJ)KN)R3"8JNM;878S) .PSMZMSVJ)KN)R3VR[ZN)
'E).-/'\'/"2)'0'/'.&"2)
$"#%&'()(*+,(-.#/01#*-..+(11+.*01# $"# :&2-.101#+8;#<801,(-.1#
2'&*&/0.,01#3## '
(K2;'12$NN$&'L;8%M$2;&'UK%M89$%.8N$&' >+'T8N8%"$'''''''''''('98&&$''''
2.#N#&$].]K%''N$&'8==8;$#N&'&2#O8%.&'R' I+'");K%K9:.;$'('.$9=&'
>+'N8'T8N8%"$'c''''''''''''I+'N$' F+'89=:;$9:.;$('#%.$%&#.<'<N$".;#12$'
");K%K9:.;$'c' h+'.)$;9K9:.;$('.$9=<;8.2;$'
F+'NS89=:;$9:.;$''''''h+'N$' i+'9:.;$';2T8%''('NK%L2$2;'
.)$;9K9:.;$'c' '
i+'N$'9:.;$';2T8%'c' -ILQTV_N8JMI8)KN)R7)JMS<7SMI8)
' ]'7$".2;$'&#N$%"#$2&$'=8;'.K2&'N$&'<N:O$&'$.'=2#&'V')82.$'OK#Z''
!"#4-,(5+,(-.#67&*-850',09# '''=8;'2%'K2''M$2Z'<N:O$&+'
]'(;<&$%.$;'N8'&#.28.#K%'V'N8'"N8&&$& ]'6Z=N#"8.#K%'M$'N8'&#.28.#K%''
]'/%O#.$;'N$&'<N:O$&'V'N8'N$".2;$'$.' '
NS$Z=N#"8.#K%'M$'N8'&#.28.#K%'$%'N$2;&' '
=;K=;$&'.$;9$&+' '
' '
''E)).-/'\'/"2)#!'0-'#.&"2)
='>+.(1+,(-.#/0#?+#*?+110#0,# @*,(5(,&1#18'#?0#,+A?0+8#/0#12&*()(*+,(-.#
*-.1(>.01# 50B8E@A0/02I&I08/>23,&
52
4,(
a<=8;.#;'N$&'<N:O$&'$%'&K2&]L;K2=$&+' P#Q !2;U8"$

C#&=K&#.#K%' M$' M$2Z' "8&&$;KN$&' M$' 9g9$' OKN29$' $.' M$
C$98%M$;'82Z'<N:O$&'M$'9$%$;,' &2;U8"$&'M$'T8&$'M#UU<;$%.$&+
=8;.8%.'M2'98.<;#$N,''N$&'8".#K%&'
&2""$&&#O$&''=K2;'R' -;8%&O8&$9$%.'MS2%'N#.;$'MS$82'M8%&'N8'=;$9#:;$'"8&&$;KN$'
] "8N"2N$;'$.''"K9=8;$;'N$&'&2;U8"$& $.'MS2%'N#.;$'MS$82'M8%&'N8'M$2Z#:9$'"8&&$;KN$+'
M$&'"8&&$;KN$&'$%'"K%.8".'8O$"'N$&
=N812$&'$.'[2&.#U#$;'N8'M#UU<;$%"$'M$& 5#&$'M$&'M$2Z'"8&&$;KN$&'&2;'N$&'M$2Z'=N812$&'#M$%.#12$&+'
.$9=&'MS<T2NN#.#K%+
J;8%")$9$%.'M$';<")82MP&Q+'
S N8'M<.$;9#%8.#K%'=;8.#12$'M2'OKN29$
M2'.K%%$N$.+ (;<N:O$9$%.'M$&'.$9=&'MS<T2NN#.#K%'M$'M$2Z'128%.#.<&'MS$82'
M$'"8&&$;KN$&+'
/M$%.#U#"8.#K%' M$' .K2.$&' N$&' O8;#8TN$&' 8*8%.' 2%' #9=8".' ;<$N'

&2;'N$'.$9=&'MS<T2NN#.#K%'M$'NS$82+'
08N"2N' $.' "K9=8;8#&K%' M$&' &2;U8"$&' M$' T8&$' $%' "K%.8".'

8O$"'
N$&' =N812$&' ")82UU8%.$&' =K2;' [2&.#U#$;' N8' M#UU<;$%"$' M$&'
.$9=&'MS<T2NN#.#K%+''
P##Q fKN29$
-;8%&O8&$9$%.'M$'NS$82'M8%&'N8'T8;;#12$'[2&12SV'8..$#%M;$
2%$'L;8M28.#K%'MK%%<$'M$'N8'T8;;#12$+
?K.8.#K%'M$'N8'L;8M28.#K%'f>'8..$#%.$'=8;'NS$82+'
6%UK%"$9$%.'M2'.K%%$N$.'PU$;9<Q'M8%&'NS$82'M$'N8'T8;;#12$+''
?K.8.#K%'M$'N8'%K2O$NN$'L;8M28.#K%'fI'8..$#%.$'=8;'NS$82+''
6Z=;$&&#K%'M2'OKN29$'M2'.K%%$N$.'=8;'N8'M#UU<;$%"$'fI']'f>+'
B%8N*&$'M$&';<&2N.8.&'M$'NSKT&$;O8.#K%+'
6N8TK;8.#K%'MS2%$'U#")$'MSKT&$;O8.#K%+'
'''E 2F0/A"2"
B801,(-.1#/0#'&*+2(,8?+,(-.# C+',(*(2+,(-.#/01#&?D501#E#?+#2'-/8*,(-.#/0#?+#1F.,GD10#
] a$&.#.2$;'N8'M<U#%#.#K%'MS2%$'L;8%M$2; d2&1AA0MM0&B812F0@8&F38>T30&IE@I0&B812F0@8&?@>&0=I&F3F@>I0&Z&
M<;#O<$+ A18I>8&FO@20&0VA80==>E2&/1I;3/1I>?@0&71>=12I&>2I08T02>8&F0@V&E@&
AM@=>0@8=&B812F0@8=&7E2F1/02I1M0=,&
] C;$&&$;'2%$'L;#NN$'&*%K=.#12$ ^@0M?@0=&K812F0@8=&F38>T30=&@=@0MM0=&
;$=;$%8%.'12$N12$&'L;8%M$2;&
M<;#O<$&'"K2;8%.$&'8O$"'N$2;& H'+./08'# I;2'011(-.# K.(,&#/0#J018'0#
&*9TKN$&,'N$2;&'$Z=;$&&#K%&'$.'N$2;& /&'(5&0# J+,G&J+,(<80#
2%#.<&'=;#%"#=8N$&'M$'9$&2;$+ +, eEM@/0ae4&f +, [@N0&U&eg[C /.I80&9@N0&a/C4&
[1A19>I3 D, [<M>2F80&U&hV\ f&6>I80&aM&E@&64&
D, *@87190a*4&f !V0/AM0=&U& /.I80&91883&

=@A087>9>0&1B81>80 +, 91883&U f&180&
*g[V[ a+RR&/i4&
D, 809I12BM0&U
*g6VM
C, 9089M0U&*g)5D
53
40(
C, e>I0==0aT4 * /.I80&A18&
Tg
+ =09E2F0&&&&a/,=S+4&
'\E "\.&$./',0
+9 %&'()(*+,(-.#/01##+*<8(1 +9 :&2-.101#+8;#<801,(-.1
>+ C<";#;$'N$&'M$2Z'L;8%M$2;&'M<;#O<$&'12$ >+ fK#;'N8'L;#NN$'"#]M$&&2&+
%K2&'O$%K%&'M$'OK#;+
A9 L(,8+,(-.#1(J(?+('0 A9 M'+(,0J0.,#/N8.0#1(,8+,(-.#1(J(?+('0
C<.$;9#%$;'N$'OKN29$'M2'.K%%$N$.'=8; 5$&2;$;'MS8TK;M'N$'M#89:.;$'M'$.'N8')82.$2;')'M2
NS$Z=;$&&#K%'98.)<98.#12$'ft!),'=8;.8%. .K%%$N$.'R
M2'M#89:.;$'M2'.K%%$N$.'$.'"K9=8;$;'N$ ] 8==N#12$;'NS$Z=;$&&#K%'98.)<98.#12$
OKN29$'8#%&#'"8N"2N<'82';<&2N.8. ft'
,-./
''''BO$"''vtF,>h
$Z=<;#9$%.8N'POKN29$'KT.$%2'=8;'N8 0
M#UU<;$%"$''fI'u'f>Q+ ] $Z=;#9$;'N$';<&2N.8.'$%'"9F'$.'$%'99F+
-!'/"!"2)*j"\.&$./',0#
>+ /.$9&'R I+ -;8#.$9$%.'M$'N8'&#.28.#K%'&#9#N8#;$R
0
'''''''a<=K%&$&'"K;;$".$&'R' ' $
0 8Q ($;.#%$%"$ 'R'' '
$
%
TQ !.;2".2;$ ''''''''''''''R'' '
%
&
"Q a<&2N.8. 'R'' #
&
5'-A")*3"B#&,'/./',0)*")+./!'-")0H)>d)
2,$2C*,+.'0")R'*9,&$;<=:&H09;2E&0I&HL[& "/.%&'22"+"0/'R'L(*HLH'H&hd("d]L)
*'2-'#&'0"&R&*[L!([!*& "02"'10.0/'' '''''R'j#hd(Kd&
$\]*L^'!*%$\]*L^'!& *./"' '''''R'
./0
/'/!"))))))))' '''''R'K812F0@8=&F38>T30=& -&.22"' '''''R'- &12230&
-,*"'' '''''R')*$+,D,& !"5"!"0-"2&
+4 ">1MME&H;>082E&0I&1M:&*9>0290=&$;<=>?@0=&J`:!F>907:
A1B0&+R
D4 $8EB81//0&!F@91I>7
C4 K@>F0&FO1AA@>&1@&A8EB81//0
+./"!'"&)*'*.-/'($"'
[;8E2E/.I80:&/E2I80,&&&&&&&
-,+#"/"0-"' 'R'
#A8.=&1TE>8&831M>=3&MO02=0/NM0&F0=&19I>T>I3=&A8EAE=30=:&MO3M.T0&=081&91A1NM0&F0&I81>I08&1T09&=@99.=&0I&F0&
/12>.80& 1990AI1NM0:& M0=& =>I@1I>E2=& 71>=12I& 1AA0M& Z& F0=& =1TE>8=& 0==02I>0M=& F0& M1& 91I3BE8>0& bB812F0@8=&
A;<=>?@0=c,)
"B"+#&")*")2'/$./',0)R''
58M89$'6T:%$'A8%$%$'=N8"$'M$2Z'"8&&$;KN$&'"*N#%M;#12$&'&2;'M$2Z'=N812$&'#M$%.#12$&'MS2%';<")82M'
<N$".;#12$+'7$&'M$2Z'"8&&$;KN$&'&K%.'$%'9g9$'9<.8N,'M$'9g9$'OKN29$,'98#&'M$'&2;U8"$&'M#UU<;$%.$&+'
6NN$&'"K%.#$%%$%.'")8"2%$'2%'N#.;$'MS$82'12S$NN$'O$2.'=K;.$;'V'NS<T2NN#.#K%+'6NN$'T;8%")$'N$';<")82M'&2;'N$'
"K2;8%.'M2'&$".$2;'$.'NS8NN29$+'6NN$'"K%&.8.$'12$'N$'.$9=&'MS<T2NN#.#K%'M$'NS$82'M$'M$2Z'"8&&$;KN$&'%S$&.'
=8&' N$' 9g9$+' 6.8%.' V' M$2Z' q#NK9:.;$&' M$' NS/%&.#.2.' JK%MK*#' PM$' N8' (;KO#%"$' M$' 7K989#Q' 12S$NN$' =$2.'
8..$#%M;$' 8=;:&' .;$%.$' 9#%2.$&' M$' 98;")$,' $NN$' M<"#M$' MS*' 8NN$;+' C8%&' NS$%.;$.$9=&' &8' OK#&#%$' C<N#"'
52&n89T8' M<&#;$' M<.$;9#%$;' N$' OKN29$' M2' .K%%$N$.' 2.#N#&<' =K2;' N$' =8;.8L$' M2' .)<,' &$' &$;O8%.' M$' N8'
54
43(
T8;;#12$'L;8M2<$'M$'N8'98#&K%+'7$&'M$2Z'M89$&'&$'N#O;$%.'V'NS$%&$#L%8%.'M$&'!"#$%"$&'()*&#12$&'M$'N8'
H$'8%%<$'$%'O2$'M$'.;K2O$;'M$&'&KN2.#K%&'8==;K=;#<$&'V'N$2;&'=;<K""2=8.#K%&+'6NN$&'M<&#;$%.'$%'K2.;$'
&8OK#;'V'12$NN$'O#.$&&$'$NN$&'&$'&K%.'8#%&#'M<=N8"<$&+'
'E) .-/'\'/"2)'0'/'.&"2)
%&'()(*+,(-.#/01#*-..+(11+.*01# !VQI8JN)`)R7)X<NJSMI8)
2'&*&/0.,01#3# '
b2$NN$&'&K%.'N$&'L;8%M$2;&'M<;#O<$&'12SK%' '
=$2.'$Z=;#9$;'$%'2%#.<&'&2#O8%.$&'R'' '
>+'9w'P9:.;$'"8;;<Q'c''' >+'!2;U8"$'''
I+'9F'P9:.;$'"2T$Qc' I+'fKN29$'
F+'93&'P9:.;$'=8;'&$"K%M$Q'c'' F+'f#.$&&$''
# )
!"#4-,(5+,(-.#67&*-850',09# -ILQTV_N8JMI8)KN)R7)JMS<7SMI8)
/%O#.$;'N$&'<N:O$&'V'N8'N$".2;$'$.'V' 7$".2;$'=8;'.K2&'N$&'<N:O$&'$.'=2#&'=8;'2%'K2'M$2Z'
NS$Z=N#"8.#K%'M$'N8'&#.28.#K%'$%'N$2;&'=;K=;$&' <N:O$&+'
.$;9$&+' 6Z=N#"8.#K%'M$'N8'&#.28.#K%+'
) )
='>+.(1+,(-.#/0#?+#*?+110#0,#*-.1(>.01# @*,(5(,&1#18'#?0#,+A?0+8#/0#12&*()(*+,(-.#
a<=8;.#;'N$&'<N:O$&'$%'&K2&]L;K2=$&'$.'N$2;' ((("#%(,0110#
M$98%M$;,'V'=8;.#;'M$&'<N<9$%.&'$&&$%.#$N&' a$=<;8L$'M2'.$9=&'M2'M<=8;.'V'N8'9K%.;$'$.'M2'.$9=&' '
12#'&K%.'N8'M#&.8%"$'$.'N$'.$9=&,''MS#M$%.#U#$;' MS8;;#O<$''
N$&'8".#K%&'&2""$&&#O$&'V'9$%$;'=K2;' '
"8N"2N$;'N8'O#.$&&$+' 08N"2N'M$'N8'M#UU<;$%"$'$%.;$'"$&'M$2Z'.$9=&'PM2;<$Q''
' '
08N"2N'M$'N8'O#.$&&$'POQ,'12K.#$%.'M$'N8'M#O#&#K%'M$'N8'
M#&.8%"$'PZQ'=8;'N8'M2;<$'P.Q'M$'=8;"K2;&'R'O't'Z'3'.''
'
6Z=;$&&#K%'%29<;#12$'M2';<&2N.8.'KT.$%2,'$%'q93)+''
'
0K9=8;8#&K%'M$'N8'O#.$&&$'KT.$%2$'V'N8'O#.$&&$'M2'&K%'
M8%&'NS8#;'M8%&'N$&'"K%M#.#K%&'%K;98N$&'M$'.$9=<;8.2;$'$
M$'=;$&&#K%'PFhG'93&Q''
'
'
'''E)))2F0/A"2")
B801,(-.1#/0#'&*+2(,8?+,(-.# C+',(*(2+,(-.#/01#&?D501#E#?+#2'-/8*,(-.#/0#?+#
]'a$&.#.2$;'N8'M<U#%#.#K%'M$'N8'O#.$&&$+' 1F.,GD10#
]'CK%%$;'&K%'$Z=;$&&#K%'98.)<98.#12$' O+#5(,0110#
]'CK%%$;'N$&'M#UU<;$%.$&'2%#.<&'M$'9$&2;$'M$' ]'78'O#.$&&$'$&.'N$';8==K;.'$%.;$'N8'M#&.8%"$'=8;"K2;2$'
N8'O#.$&&$'$.'N$2;&'"K%O$;&#K%&' =8;'2%'9KT#N$'$.'N$'.$9=&'9#&'V'N8'=8;"K2;#;+'
' -
]'6Z=;$&&#K%'98.)<98.#12$'R'O't' '
' 1
]>
]'@%#.<&'R'"93&,''9+& ,'q93)'
'
''''>"93&''t'G,G>'93&'
''''>q93)'t'>GGG93FjGG&'K2'>G93Fj&'''''''''''
&
'\E)"\.&$./',0#
+9#%&'()(*+,(-.#/01#+*<8(1#' +9#:&2-.101#+8;#<801,(-.1&
>+'!8")8%.'12$'N8'NK%L2$2;'PM#&.8%"$Q'8'=K2;' '
M#9$%&#K%'7'$.'N$'.$9=&'N8'M#9$%&#K%'-,' - 4
>+'0K99$'Ot' '8NK;&' 3 t ''$.'&K2&'UK;9$'M$'=;KM2#.,''
M<.$;9#%$;'&K2&'UK;9$'MS2%'=;KM2#.'M$'"$&' 1 5
'''''K%'MK#.'8OK#;''' 3 t'7'+-]>'
M$2Z'L;8%M$2;&'UK%M89$%.8N$&'N8'
'
M#9$%&#K% 2 'M$'N8'O#.$&&$'V'=8;.#;'M$'&K%'
'
55
44(
* '
$Z=;$&&#K%'Tg &
+ I+'0K%O$;&#K%'M$&'O#.$&&$&'$%'93&'
I+'0K%O$;.#;'N$&'O#.$&&$&'"#]M$&&K2&'$%'93&'R'
8Q'O't'IG''93&'''''TQ'O't'I,i'93&'
8Q'O't'HI'q93)''''''''''TQ'O't'IiG'"93&'
'
'
A9#M'+(,0J0.,#/0#?+#1(,8+,(-.#1(J(?+('0#
A9#L(,8+,(-.#1(J(?+('0#
$ 0)812$'L;K2=$'9$&2;$'N8'M2;<$'9#&$'=8;'N$2;'
(K2;' 12$' N$&' <N:O$&' M$' N8' H ' 8%%<$'
"898;8M$,'"8N"2N$'N8'O#.$&&$'$.'MK%%$'N$';<&2N.8.'82'
M<.$;9#%$%.' N8' O#.$&&$' MS2%' "K;=&' 9KT#N$,'
L;K2=$'")K#&#'=K2;'"K%&#L%$;'N$&';<&2N.8.&'M8%&'2%$'
NS$%&$#L%8%.' K;L8%#&$' 2%$' 98;")$' %K;98N$'
L;#NN$+#
M8%&' N8' "K2;' M$' NS<"KN$,' $%' 9$..8%.' N$&'
");K%K9:.;$&' $.' N$&' 9:.;$&]9$&2;$2;&' V' N8'
M#&=K&#.#K%' M$' &$&' <N:O$&+' /N' .;8"$' 2%$' N#L%$'
M;K#.$' P12$' ")812$' <N:O$' &2#O;8Q' 12#' ;$N#$'
=$;=$%M#"2N8#;$9$%.' N8' N#L%$' M$' M<=8;.' $.'
"$NN$' MS8;;#O<$+' /N' N$2;' M$98%M$'
M$'M<.$;9#%$;' N8' O#.$&&$' M$' ")812$' <N:O$'
MS2%'L;K2=$'M$'"#%1+'
'
0K%&#L%$3#
]7S2%'M$&'L;K2=$&'M;$&&$''2%$'L;#NN$'
&*%K=.#12$'M$&';<&2N.8.&'8*8%.'=K2;'
' ;2T;#12$&'R'L;K2=$'P8O$"'N$&'%K9&'M$&'
9$9T;$&Q,'M#&.8%"$'PM<[V'"K%%2$Q,'.$9=&'$.''
O#.$&&$+#
-!'/"!"2)*j"\.&$./',0#
>+' /.$9&'R' 'I+'-;8#.$9$%.'M$'N8'&#.28.#K%'&#9#N8#;$R'
%
'''''''>+'a<=K%&$'"K;;$".$''''R' ' $
% 8Q' ($;.#%$%"$''''''''''''R'' '
% $
''''''''''''''''''''I+'a<=K%&$'"K;;$".$''''R' ' %
% TQ' !.;2".2;$''''''''''''''R'' '
%
' &
''''''''''''''''"Q''a<&2N.8.'''''''''''''''''R' #
&
#
!
56
5'-A")*3"B#&,'/./',0)*")+./!'-")0H)>e)
"/.%&'22"+"0/'R'!"#$%&'$() "02"'10.0/'' R')#eL(K#&
2,$2C*,+.'0"R'*9,$;<=:&H09;2E&0I&HL[& *./"' ' '''''''''''R'&&
*'2-'#&'0"R*[L!([!*&$\]*L^'!*&%& -&.22")))))))))' R'-./0&12230&
$\]*L^'!& !"5"!"0-"2R&
/'/!")' R'K812F0@8=&F38>T30=& +4&5323&61781290:&$;<=>?@0&+:&)3912>?@0:&
g-,*"' ' R')*$+,D,& A1B0&+_&
& D4&51</E2F&#,*08G1<:&$;<=>?@0&HE/0+:&&
' &&&&)3912>?@0:&A1B0&DC&
' C4&$8EB81//0&!F@91I>7&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&
' J4&K@>F0&FO1AA@>&1@&A8EB81//0&
+./"!'"&)*'*.-/'($"R'
9;8E2E/.I80=:&&/.I80=S/0=@80@8=,&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&
#
P=4CIMIQPI& &&
#A8.=& 1TE>8& 831M>=3& MO02=0/NM0& F0=& 19I>T>I3=& A8EAE=30=:& MO3M.T0& =081& 91A1NM0& F0& I81>I08& 1T09&
=@99.=&0I&F0&/12>.80&1990AI1NM0:&M0=&=>I@1I>E2=&71>=12I&1AA0M&Z&F0=&=1TE>8=&0==02I>0M=&F0&M1&
91I3BE8>0&bK812F0@8=&A;<=>?@0=c,&
#
IRI4COI#7I#LSMK@MS=Q&&
$E@8& ?@0& M0=& 3M.T0=& F3I08/>202I& M1& T>I0==0& FO@2& 9E8A=& /EN>M0:& MO02=0>B212I& E8B12>=0& @20&
/189;0& 2E8/1M0& F12=& M1& 9E@8& F0& MO39EM0:& 02& /0II12I& M0=& 9;8E2E/.I80=& 0I& M0=& /.I80=S
/0=@80@8=&Z&M1&F>=AE=>I>E2&F0&=0=&3M.T0=,&LM&I8190&@20&M>B20&F8E>I0&a?@0&9;1?@0&3M.T0&=@>T814&
?@>&80M>0&A08A02F>9@M1>80/02I&M1&M>B20&F0&F3A18I&0I&90MM0&FO188>T30,&LM&M0@8&F0/12F0&F0&U&
&&&&&&&&&S&F3I08/>208&M1&T>I0==0&F0&9;1?@0&3M.T0&FO@2&B8E@A0&F0&9>2?,&
&&&&&&&&S&83A08IE8>08&FO1@I80=&B812F0@8=&F38>T30=&9E@81//02I&@I>M>=30=&F12=&M0@8&?@EI>F>02,#
#
'E).-/'\'/"2)'0'/'.&"2)
$"#%&'()(*+,(-.#/01#*-..+(11+.*01# !"# :&2-.101#+8;#<801,(-.1#
2'&*&/0.,01#3## '
(K2;'12$NN$&'L;8%M$2;&'UK%M89$%.8N$&'2.#N#&$] >+'T8N8%"$'('98&&$''''
.]K%''N$&'8==8;$#N&'&2#O8%.&'R' I+'");K%K9:.;$('.$9=&'
>+'N8'T8N8%"$'c'''''''I+'N$'");K%K9:.;$'c'' F+'89=:;$9:.;$('#%.$%&#.<'<N$".;#12$'
F+'NS89=:;$9:.;$'''h+'N$'.)$;9K9:.;$'c' h+'.)$;9K9:.;$('.$9=<;8.2;$'
i+'N$'9:.;$';2T8%'c' i+'9:.;$';2T8%('NK%L2$2;'
' '
!"#4-,(5+,(-.#67&*-850',09# -ILQTV_N8JMI8)KN)R7)JMS<7SMI8)
(;<&$%.$;'''N8'&#.28.#K%'V'N8'"N8&&$& ]'7$".2;$'&#N$%"#$2&$'=8;'.K2&'N$&'<N:O$&''
/%O#.$;'N$&'<N:O$&'V'N8'N$".2;$'$.'NS$Z=N#"8.#K%' ''$.'V')82.$'OK#Z'=8;'2%'K2'M$2Z+'
M$'N8'&#.28.#K%'$%'N$2;&'=;K=;$&'.$;9$&+' ]'6Z=N#"8.#K%&'M$'N8'&#.28.#K%'=8;'N$&'
' ''<N:O$&'$%'N$2;&'=;K=;$&'.$;9$&+'
''E)).-/'\'/"2)#!'0-'#.&"2)
='>+.(1+,(-.#/0#?+#*?+110#0,#*-.1(>.01# @*,(5(,&1#18'#?0#,+A?0+8#/0#12&*()(*+,(-.#
a<=8;.#;'N$&'<N:O$&'$%'&K2&]L;K2=$&'$.'N$2;' ]'-;8Y8L$'M$'M$2Z'N#L%$&'=8;8NN:N$&'R'N8'N#L%$'
M$98%M$;'M$'9$%$;'N$&'8".#K%&'&2""$&&#O$&'' M$'M<=8;.'$.'N8'N#L%$'MS8;;#O<$'8#%&#'12$'N$'
=K2;'M<.$;9#%$;'N8'O#.$&&$+' .;8[$.'V'&2#O;$'=8;'")812$'<N:O$'
P=$;=$%M#"2N8#;$'82Z'M$2Z'N#L%$&Q+'
]'5$&2;$,'=8;'")812$'<N:O$,'M$'N8'NK%L2$2;'
M2'.;8[$.'$.'M2'.$9=&'9#&'V'N$'=8;"K2;#;+'
]'08N"2N'M$'N8'O#.$&&$+'
'
57
4-(
'''E 2F0/A"2"
B801,(-.1#/0#'&*+2(,8?+,(-.# C+',(*(2+,(-.#/01#&?D501#E#?+#2'-/8*,(-.#
/0#?+#1F.,GD10#
4018'0#/0#?+#5(,0110#
0K99$%.'=;K":M$].]K%'=K2;'9$&2;$;'N8' 78'9$&2;$'M$'N8'O#.$&&$'#%&.8%.8%<$'
O#.$&&$'#%&.8%.8%<$'c' "K%&#&.$'$%'N8'9$&2;$'M$'N8'M#&.8%"$'12$'
=8;"K2;.'2%'"K;=&'$.'"$NN$'M2'.$9=&'
"K%&K99<+'
7$&'8==8;$#N&'&2#O8%.&''&K%.'2.#N#&<&'=K2;'N8'
b2$N&'&K%.'N$&'M#UU<;$%.&'8==8;$#N&'12SK%'=$2.' 9$&2;$'M$'O#.$&&$'
2.#N#&$;'=K2;'9$&2;$;''N$&'O#.$&&$&'c# • 7S8%<9K9:.;$'R'9$&2;$'N8'O#.$&&$
M2'O$%.+
• 7$'.8")*9:.;$'R'9$&2;$'N$'%K9T;$
M$'.K2;&'PO#.$&&$'M$';K.8.#K%Q
• 7$''.8")*L;8=)$'R'$%;$L#&.;$'N8
O#.$&&$'PMS2%'O<)#"2N$Q
'\E"\.&$./',0
+9%&'()(*+,(-.#/01#+*<8(1 +9 :&2-.101#+8;#<801,(-.1
'!8")8%.'12$'N8'NK%L2$2;'PM#&.8%"$Q'8'=K2;'
M#9$%&#K%'7'$.'N$'.$9=&'N8'M#9$%&#K%'-,' * 6
[E//0&Tg &1ME8= 2 g &&0I&=E@=&7E8/0&F0&
M<.$;9#%$;'&K2&'UK;9$'MS2%'=;KM2#.'M$'"$&' + 7
A8EF@>I&E2&FE>I&1TE>8 2 g&6&,HS+&
M$2Z'L;8%M$2;&'UK%M89$%.8N$&'N8'
M#9$%&#K% 2 'M$'N8'O#.$&&$'V'=8;.#;'M$'&K%'
*
$Z=;$&&#K%'Tg
+
A9 L(,8+,(-.#1(J(?+('0 A9M'+(,0J0.,#/0#?+#1(,8+,(-.#1(J(?+('0
(;K"<M$;'M$'N8'9g9$'98%#:;$'12$ 0)812$'L;K2=$'.;8#.$'N8'&#.28.#K%'$%'
=;<"<M$99$%.'98#&'$%'K;L8%#&8%.'2%$ M;$&&8%.'2%$'L;#NN$+
"K2;&$+
0K%&#L%$&'3
]C;$&&$;'2%$'L;#NN$'&*%K=.#12$'M$&';<&2N.8.&
8*8%.'=K2;';2T;#12$&'R'L;K2=$'P8O$"'N$&
%K9&'M$'&$&'9$9T;$&Q,'M#&.8%"$'PM<[V
"K%%2$Q,'.$9=&'$.''O#.$&&$+
))-TMS[TNJ)K3VZ7R<7SMI8)
+9S,0J1 A9 %&'()(*+,(-.#/8#,'+(,0J0.,#/0#?+
1(,8+,(-.
'''''''''a<=K%&$'"K;;$".$'R'''i3i >Q ($;.#%$%"$'R'''''>3>
IQ !.;2".2;$'''R'''''I3I
FQ a<&2N.8.''''R''''''I3I
58
4.(
!"#$%&'(%)*+,"-.-",/&'%&0.-1"#%&/2&3[
6,768',0."/%&"!!"#$%&'()$*+"&,-$+.$*/0 %-.5+"66%0%/-!"!&
'"6#"*+"/%& $"$!0/:;0:!$%[\!/XI:!Z%[\!/XI:$ %/6%"9/./-&&&&&&&"!$
-"-1%& !!!!!"!:9:0*`/!?*/^;$ '.-%! ! !!!!!"!&
#,'%! !!!!!"!)*$+,C,& #+.66%!!!!!!"!-./0&12230&
1%!%1%/#%6&
+4 ">1MME&H;>082E&0I&1M,:
*9>0290=&$;<=>?@0=&J`:&A1B0&WJ
D4 ]TE220&e08N>=I&0I&1M:&$;<=>?@0&Q`:
!F&F0&hE09k:A1B0&+CC
C4 $8EB81//0&!F@91I>7
J4 K@>F0&FO1AA@>&1@&A8EB81//0
0.-%1"%+&'"'.#-":7%!
`@E8+$+,$=83(.>G5+)$=+35$4+$"&3.)$$=+.>.($7-2"+35V$4+$=3=>+2)$
N$C-58+($4<3857>,>57)$5,+$C-58+$4+$(52+35)$.5C+$4+$(.'8-)$5,$
6>8$4+$(->+$+.$5,+$C3E5+..+#
#,0*%-%/#%! !"!!
?=2@($3A->2$2B38>(B$8<+,(+7C8+$4+($3".>A>.B($=2-=-(B+()$8<B8@A+$(+23$"3=3C8+$4+$.23>.+2$3A+"$(5""@($+.$4+$73,>@2+$
3""+=.3C8+)$8+($(>.53.>-,($63>(3,.$3==+8$D$4+($(3A->2($+((+,.>+8($4+$83$"3.BE-2>+$F:8+".2-(.3.>G5+H#$
%)%0*+%&'%&6"-7.-",/!"!
NF>2=@0! RU_N()%'&! 'Ul_m_! 78! $:;I20D0! #A:25.10! #5.6/! QK51A.330H! 7563! 25! A:;;860! 70! O:6/C'459825! J!
m.63K535H!@.06/!70!@.@10!708D!IK>6:;=603!"!C!&6!n/56/!35!G2:830!E06!;5/.=10!3<6/K>/.?80L!A:22>0!J!35!I058H!0220!
06/067!70!I0/./3!A1>I./0;06/3B!C!&6!7>I:356/!86!I0.460!06!I253/.?80!915oAK0;06/!8/.2.3>H!A028.CA.!5//.10!?802?803!
AK0@08D!/:;G>3!381!35!/5G20!70!/15@5.2B!&220!3F0DA25;0!0/!15A:6/0!A03!95./3!J!86!I1:9033081!703!#A.06A03!(K<3.?803B!
N0! ;p;0! V:81H! 86! 9:1/! :1540! 3F5G5/! 381! 25! @.220H! .2! A5830! 7F.66:;G15G203! 7>4q/3! ;5/>1.023! 0/! K8;5.63! ?80! 203!
>2=@03! @.06606/! 70! A:63/5/01! I06756/! 25! 1>A1>5/.:6B! &8! >4517! J! A03! 3./85/.:63H! 2F0630.4656/! ;0/! 303! >2=@03! 06!
45170!A:6/10!203!2.08D!/023!?80!I:.6/3!35.2256/3H!;5.3:63!6:6!I1:/>4>03H!0671:./3!0/!:GV0/3!75640108DH!0/AB!%2!203!
10I51/./!06!I0/./3!41:8I03H!06!@80!70!1>52.301!203!0DI>1.06A03!381!2F>20A/1.35/.:6!I51!91://0;06/H!I51!A:6/5A/!0/!I51!
.692806A0!:8!.678A/.:6B!%2!2081!70;5670!06!:8/10!70!7>A1.10!203!0990/3!:G301@>3H!783!J!2F:1540!EG1r28103!.6/01603!
:8!0D/01603H!.6A067.03H!0DI2:3.:63H!9.G1.225/.:6!581.A825.10!:8!@06/1.A825.10H!/158;5/.3;0H!0/ABL!0/!70!A:6382/01!86!
0DI01/!06!@80!7F.706/.9.01!203!A58303!703!5AA.706/3!0/!70!I1:I:301!703!I1>A58/.:63!J!I106710!A:6/10!703!1.3?803!
06!3./85/.:63!5652:4803!82/>1.08103!EI515/:6601103H!1=4203!I15/.?803!J!:G301@01H!0/AB!
"H .#-"I"-%6&"/"-".+%6
!" $%&'(')*+',-#./0#),--*'00*-)/0 !" 8%9,-0/0#*6B#<6/0+',-0
9&%)%./-+/0#H
+802203!3:6/!203!415670813!7>1.@>03!?80 " N5!38195A0H!?8.!3F0DI1.;0!06!;s
6:83!5@:63!5II1.303!0/!20813!86./>3 " N0!@:28;0H!?8.!3F0DI1.;0!06!;\
103I0A/.@03!7563!20!#B%B!W " N5!@./0330H!?8.!3F0DI1.;0!06!;B3C[
1" 2,+'3*+',-#45%),63/&+/7 TH #NLMJ?OBD@=ND&AB&CF&@=<KF<=ND

C (1>306/01!25!3./85/.:6!J!25!A25330 C N0A/810!3.206A.0830!0/!I8.3!J!K58/0!@:.D
C %6@./01!203!>2=@03!J!25!20A/810H!J!2F5652<30 EI51!86!:8!!708D!>2=@03LB
0/!2F0DI2.A5/.:6!70!25!3./85/.:6!06!20813 C &DI2.A5/.:6!70!25!3./85/.:6
I1:I103!/01;03B
""H .#-"I"-%6&*1"/#"*.+%6
I&J*-'0*+',-#./#;*#);*00/#/+#),-0'J-/0# K)+'3'+%0#06&#;/#+*F;/*6#./#09%)'(')*+',-#
C S>I51/.1!203!>2=@03!06!3:83C41:8I03
C N081!70;56701!70!7>A1.10!20!;5/>1.02!J =&%0/-+*+',-#./#;*#9&,.6)+',-#
8/.2.301B U03A1.I/.:6!78!;5/>1.02!
59
4/(
S>52.35/.:6!70!2F0DI>1.06A0!"!
U0;56701!58D!>2=@03!7F.706/.9.01H!I51/56/!
78!;5/>1.02H!!203!5A/.:63!38AA033.@03!J! V=W %CB;<J=@F<=ND&MFJ&RJN<<BLBD<\&;ND<F;<&B<&=DRCKBD;B
;0601!I:81!A:678.10!J!25!7>A:8@01/0!70! e;K..$9$%.'M$' N8';:LN$'$%'=N8&.#12$'M8%&'&8'
2F>20A/1.35/.:6!I51!91://0;06/H!A:6/5A/!0/! ")$O$N2;$''
.692806A0B! a8==;K")$9$%.' PM$'=N2&'K2'9K#%&'i99Q'M$'NS$Z.;<9#.<'
M$'N8';:LN$'$%'=N8&.#12$'M$&'=$.#.&'
9K;"$82Z'M$'=8=#$;+''
DT&$;O8.#K%'M2' "K9=K;.$9$%.'M$'=$.#.&'9K;"$82Z'M$'
=8=#$;'M$O8%.'NS$Z.;<9#.<'M$'N8';:LN$'$%'
=N8&.#12$+''
-K2")$;' N8;L$'M$'M$2Z'TK2N$&'MS8N29#%#29'
8O$"'N8';:LN$'$%'=N8&.#12$''
DT&$;O8.#K%' M2'&$%&'&2#O#'=8;'")8"2%$'M$'M$2Z'
TK2N$&+''
-K2")$;' M$'M$2Z'TK2N$&'MS8N29#%#29,'NS2%$'
8O$"'N8';:LN$'$%'=N8&.#12$'$.'NS82.;$'
8O$"'2%'.2T$'M$'&.*NK+''
C<.$;9#%8.#K%' M2'&$%&'&2#O#'=8;'")812$'TK2N$'
MS8N29#%#29'M8%&'"$'M$;%#$;'"8&+''
!2&=$%&#K%'' MS2%$'TK2N$'M$'&2;$82'V'2%'U#N'M$'&K#$''
e;K..$9$%.'' MS2%$'T8L2$..$'"K%.;$'N8'=$82'M$'")8.''
;8==;K")$9$%.' M$'N8'T8L2$..$'U;K..<$'M$'N8'TK2N$'M$'
&2;$82''
KT&$;O8.#K%' M2'"K9=K;.$9$%.'M$'N8'TK2N$'M$'
&2;$82''
B%8N*&$' M$'"K9=K;.$9$%.&'KT&$;O<&'M$'N8'
TK2N$'$.'M#UU<;$%.&'<"8;.$9$%.&'M$'N8'
T8L2$..$''
eK;92N8.#K%' M$&')*=K.):&$&'&2;'N8'O8;#8.#K%'M$'
NS8..;8".#K%'KT&$;O<$'
a$9=N#&&8L$' MS2%$'U#")$'MSKT&$;O8.#K%''
"""H 6S/-$%6%
>6/0+',-0#./#&%)*9'+6;*+',-# =*&+')'9*+',-#./0#%;?3/0#:#;*#9&,.6)+',-#./#;*#0@-+A?0/#
5L U>9.6.1!203!A:6A0I/3!" FW '?R=D=<=ND&AB&;ND;BM<@
C >20A/1:3/5/.?80 C B8+".2-(.3.>G5+
C AK5140!>20A/1.?80 (51/.0!70!25!IK<3.?80!?8.!>/87.0!703!A:1I3!AK514>3!06!>20A/1.A./>!0/!70
C >20A/1.35/.:6 2081!.6/015A/.:6!06!2t5G306A0!70!A.1A825/.:6!70!A:8156/B
C "&32E+$B8+".2>G5+
&2>;06/!A:6/0656/!70!2t>20A/1.A./>H!?856/./>!7t>20A/1.A./>!A:6/0680
E7563!?802?80!AK:30LH!/<I0!7t>20A/1.A./>B!%2!0D.3/0!703!AK51403
>20A/1.?803!I:3./.@03!0/!703!AK51403!>20A/1.?803!6>45/.@03!"!86!:GV0/
AK514>!I:3./.@0;06/!I:33=70!86!7>958/!7F>20A/1:63B!,6!:GV0/!AK514>
6>45/.@0;06/!I:33=70!86!0DA=3!7F>20A/1:63B
C B8+".2>(3.>-,
GL U>A1.10!203!IK>6:;=603!7F.6/015A/.:6 (K>6:;=60!?8.!A:63.3/0!J!7>@02:II01!703!AK51403!>20A/1.?803!381!86
06/10!A:1I3!>20A/1.3>3 A:1I3B!&220!30!95./!I51!91://0;06/H!A:6/5A/!0/!.692806A0B
QW *O?DNLGDB@&A(=D<BJF;<=ND&BD<JB&;NJM@&?CB;<J=@?@
N03!A:1I3!70!AK51403!70!;p;03!3.4603!30&10I:83306/k&A08D!70
AK51403!70!3.4603!A:6/15.103&3F5//.106/B!
"IH %I.+7.-",/
60
51(
*7 $%&'(')*+',-#./0#*)<6'0 *7 8%9,-0/0#*6B#<6/0+',-0
[L $./01!203!/<I03!70!AK51403!>20A/1.?803 C N03!708D!/<I03!70!AK51403!>20A/1.?803!3:6/!25!AK5140!
?80!@:83!A:665.330iB I:3./.@00/!25!AK5140!6>45/.@0B
C N0!A:1I3!AK514>!I:3./.@0;06/!5!86!7>958/!7F>20A/1:63
ZL +802!A:1I3!>20A/1.3>!5!86!0DA=3
0/!A028.!AK514>!6>45/.@0;06/!I1>306/0!86!0DA=37F>20A/1:63
7F>20A/1:63!0/!20?802!I:33=70!86
7>958/!7F>20A/1:63!W Q5G2058!703!AK51403!
\L $:;I2>/0i!20!/5G2058!A.C7033:83!"
$K5140! !!!!!!u! !!!!!C! $K5140! !!!!!!u! !!!!!C!
!!!!!!!!!u! !!!!!!!!!u! S>I823.:6! R//15A/.:6!
!!!!!!!!!C! !!!!!!!!!C! R//15A/.:6! S>I823.:6!
F7 D'+6*+',-#0'C';*'&/ F7 G&*'+/C/-+#./#;*#0'+6*+',-#0'C';*'&/
NF>2=@0! OR'R##&! 70! 2F.63/./8/! v5P.7.! 70! O5/0/0 $K5?80!41:8I0!/15./0!25!3./85/.:6!06!7103356/!860!41.220
A:63/5/0! ?8F86! 3/<2:! 91://>! A:6/10! 3:6! I56/52:6 3<6:I/.?80!302:6!203!A:63.4603!70!2F0630.4656/B
5//.10! 703! G:8/3! 70! I5I.01B! %69:1;>! 0/! 5I1=3
5@:.1! 9:1;>! 703! 41:8I03H! 3:6! 0630.4656/
70;5670!J!/:83!203!!41:8I03!70!10I106710!A0//0
0DI>1.06A0!0/!7F0DI2.?801!A0!IK>6:;=60B
#ND@=EDB&H#
CU0;56701! 58D! >2=@03! 70! 7103301! 860! 41.220
3<6:I/.?80! 5<56/! I:81! 18G1.?803!"! 5A/.:63! 0/
A:6/0683!E381!203?8023!I:1/06/!203!5A/.:63LH!0/!70
/.101! 860! A:6A283.:6! 381! 20! A:;I:1/0;06/! 70
AK51403!>20A/1.?803!E06!w!`!2.4603LB
#1"-%1%6&']%I.+7.-",/#
*7 E+/C0#H
% $ %
[B S>I:630!A:110A/0!"! ZB S>I:630!A:110A/0!"! \B S>I:630!A:110A/0!"!
% $ %
QW G&*'+/C/-+#./#;*#0'+6*+',-#0'C';*'&/"
$ % %
5L (01/.606A0!!!!!!!"!! GL #/18A/810 !!!!!!!!!"!! ! AL S>382/5/ !"! !
$ % %
!"#$%&'(%)*+,"-.-",/&'%&0.-1"#%&/2&3^
6,768',0."/%&"!!"#$%&'()$*+"&,-$+.$*/0 %-.5+"66%0%/-!"![*&*#L(H&H\#5[L**!&
'"6#"*+"/%&"$!0/:;0:!$%[\!/XI:!Z%[\!/XI:$ %/6%"9/./-& &"!M?a/;1?$
-"-1%& &&&&&&&! !!!!!"!:9:0*`/!?*/^;$ '.-%! !!!!!"![Y%R+%Dd+_&
#,'%! ! !!!!!"!)*$+,C,& #+.66%!!!!!!"!-./0&12230&
1%!%1%/#%6&
+4 ">1MME&H;>082E&0I&1M,:
*9>0290=&$;<=>?@0=&J`:&A1B0&WQ,
D4 ]TE220&e08N>=I&0I&1M:&$;<=>?@0&Q`:
!F&F0&hE09k:A1B0&+CJ,
C4 $8EB81//0&!F@91I>7
J4 K@>F0&FO1AA@>&1@&A8EB81//0
0.-%1"%+&'"'.#-":7%&
&6@.1:660;06/!IK<3.?80!65/8102
61
52(
#,0*%-%/#%! !!!!!"!!
?=2@($3A->2$2B38>(B$8<+,(+7C8+$4+($3".>A>.B($=2-=-(B+()$8<B8@A+$(+23$"3=3C8+$4+$.23>.+2$3A+"$(5""@($+.$4+$73,>@2+$
3""+=.3C8+)$8+($(>.53.>-,($63>(3,.$3==+8$D$4+($(3A->2($+((+,.>+8($4+$83$"3.BE-2>+$F$:8+".2-(.3.>G5+$H#&&
%)%0*+%&'%&6"-7.-",/!"!
NF>2=@0! RU_N()%'&! 'Ul_m_! 78! $:;I20D0! #A:25.10! #5.6/! QK51A.330H! 7563! 25! A:;;860! 70! O:6/C'459825! J!
m.63K535H!@.06/!70!@.@10!708D!IK>6:;=603!"!C!&6!n/56/!35!G2:830!E06!;5/.=10!3<6/K>/.?80L!A:22>0!J!35!I058H!0220!
06/067!70!I0/./3!A1>I./0;06/3B!C!&6!7>I:356/!86!I0.460!06!I253/.?80!915oAK0;06/!8/.2.3>H!A028.CA.!5//.10!?802?803!
AK0@08D! /:;G>3! 381! 35! /5G20! 70! /15@5.2B! &220! 3F0DA25;0! 0/! 15A:6/0! A03! 95./3! J! 86! I1:9033081! 703! #A.06A03!
(K<3.?803B!N0!;p;0!V:81H!86!9:1/!:1540!3F5G5/!381!25!@.220H!.2!A5830!7F.66:;G15G203!7>4q/3!;5/>1.023!0/!K8;5.63!
?80! 203! >2=@03! @.06606/! 70! A:63/5/01! I06756/! 25! 1>A1>5/.:6B! &8! >4517! J! A03! 3./85/.:63H! 2F0630.4656/! ;0/! 303!
>2=@03!06!45170!A:6/10!203!2.08D!/023!?80!I:.6/3!35.2256/3H!;5.3:63!6:6!I1:/>4>03H!0671:./3!0/!:GV0/3!75640108DH!
0/AB! %2! 203! 10I51/./! 06! I0/./3! 41:8I03H! 06! @80! 70! 1>52.301! 203! 0DI>1.06A03! 381! 2F>20A/1.35/.:6! I51! 91://0;06/H! I51!
A:6/5A/! 0/! I51! .692806A0! :8! .678A/.:6B! %2! 2081! 70;5670! 06! :8/10! 70! 7>A1.10! 203! 0990/3! :G301@>3H! 783! J! 2F:1540!
EG1r28103!.6/01603!:8!0D/01603H!.6A067.03H!0DI2:3.:63H!9.G1.225/.:6!581.A825.10!:8!@06/1.A825.10H!/158;5/.3;0H!0/ABL!
0/!70!A:6382/01!86!0DI01/!06!@80!7F.706/.9.01!203!A58303!703!5AA.706/3!0/!70!I1:I:301!703!I1>A58/.:63!J!I106710!
A:6/10!703!1.3?803!06!3./85/.:63!5652:4803!82/>1.08103!EI515/:6601103H!1=4203!I15/.?803!J!:G301@01H!0/AB!
"H .#-"I"-%6&"/"-".+%6
!" $%&'(')*+',-#./0#),--*'00*-)/0#9&%)%./-+/0#H !" 8%9,-0/0#*6B#<6/0+',-0
$:;;06/!30!A:;I:1/015.06/!"
Z!AK51403!>20A/1.?803!;.303!06!A:6/5A/!2F860!70
2F58/10H!2:13?80!" &6/10!203!708D!AK51403!.2!<!5815!"!
5L 2F860!703!AK51403!03/!I:3./.@0!0/
2F58/10!03/!6>45/.@0!W 5L 5//15A/.:6
GL 203!708D!AK51403!3:6/!/:8/03
I:3./.@03!:8!/:8/03!6>45/.@03!W GL 1>I823.:6
1" 2,+'3*+',-#45%),63/&+/7
C %6@./01!203!>2=@03!J!25!20A/810!0/!2F0DI2.A5/.:6!70 TH #NLMJ?OBD@=ND&AB&CF&@=<KF<=ND
25!3./85/.:6!06!20813!I1:I103!/01;03B C N0A/810!3.206A.0830!I51!/:83!203!>2=@03!0/!I8.3!J!K58/0!@:.D
I51!86!:8!!708D!>2=@03B
C &DI2.A5/.:6!70!25!3./85/.:6B
""H .#-"I"-%6&*1"/#"*.+%6
I&J*-'0*+',-#./#;*#);*00/#/+#),-0'J-/0# K)+'3'+%0#06&#;/#+*F;/*6#./#09%)'(')*+',-#
C S>I51/.1!203!>2=@03!06!3:83C!41:8I03
=&%0/-+*+',-#./#;*#9&,.6)+',-#
U03A1.I/.:6!78!A:6/0D/0!IK<3.?80!
V==W %CB;<J=;=<?&F<LN@MO?J=_KB
C U0;56701!58D!>2=@03!7F.706/.9.01H!I51/56/!70
2F:G301@5/.:6!7F86!:1540!!7563!!2081 C$&";#=.#K%'M$'NS$%O#;K%%$9$%.'=)*&#12$'M$'")812$'"8&'
06@.1:660;06/!IK<3.?80H!!203!5A/.:63 MS8""#M$%.'$.'M$'NS89=N$2;'M$'")812$'M<Lx.'My'V'NSK;8L$+'
38AA033.@03!!J!;0601!I:81!.706/.9.01!203!A58303
703!5AA.706/3!0/!I1:I:301!703!3:28/.:63!EI:81!< C<.$;9#%8.#K%'M$&'"82&$&'M$'M<Lx.&+'
10;>7.01LB
(;K=K&#.#K%'P82Z'"K%"$;%<&Q'M$&'=;<"82.#K%&'V'=;$%M;$'
8O8%.'N8'=;K")8#%$'=N2#$+'
62
5,(
"""H 6S/-$%6%
>6/0+',-0#./#&%)*9'+6;*+',-# =*&+')'9*+',-#./0#%;?3/0#:#;*#9&,.6)+',-#./#;*#0@-+A?0/#
U>9.6.1!203!A:6A0I/3!"! M;/)+&')'+%#*+C,09A%&'<6/#
" SO,&*J/
C :1540B NF:1540!03/!860!I01/81G5/.:6!@.:206/0!780!58D!7>AK51403!
>20A/1.?803!I1:78./03!I51!703!41:3!685403!>20A/1.3>3B!$03!
7>AK51403!3:6/!:17.65.10;06/!5AA:;I546>03!7F>A25.13H!70!
/:6601103H!7F5@01303!70!I28.0!:8!70!41p20!0/!I519:.3!70!
9:8710B!
C >A25.1 " SO%);*'&
NF>A25.1!03/!860!4.456/03?80!>/.6A0220!>20A/1.?80!?8.!
5AA:;I5460!25!7>AK5140!G183?80!06/10!708D!685403B!
C /:660110 " S/#+,--/&&/
N0!!/:660110!03/!860!;56.903/5/.:6!3:6:10!EG18./L!70!25!
9:8710!I1:@:?8>0!I51!860!7>AK5140!>20A/1.?80!
5/;:3IK>1.?80B!!
C 9:8710 " S*#(,6.&/
N5!9:8710!03/!86!IK>6:;=60!70!7>AK5140!06/10!20!3:2!0/!203!
685403B!N5!9:8710!5//0.6/!70!I1>9>106A0!203!:GV0/3!203!I283!
35.2256/3!0/!203!I283!I:.6/83!"!A.;0!703!51G103H!I:/058DH!/:813H!
56/06603!70!/>2>@.3.:6H!203!;5.3:63H!0/AB!!
N5!9:8710!I08/!I1:78.10!203!0990/3!38.@56/3!"!
• BRRB<@&;FCNJ=R=_KB@!!!!"!983.:6!703!A:678A/0813H!0/AB
• BRRB<@&L?;FD=_KB@&&&"!18I/810!703!.3:256/3H!0/AB
+8023!3:6/!203!7.99>106/3!0990/3!70!25!9:8710!W! • BRRB<@&LFED?<=_KB@&"!5.;56/5/.:6!703!:GV0/3!06
5A.01H!9011./03H!0/AB
• BRRB<@&MOU@=NCNE=_KB@!"!AK:A3!601@08DH!A>A./>3H
>G2:8.330;06/3H!A:;53!;:;06/56>3H!I5152<3.03H
0/AB
# S/0#C/06&/0#./#0%)6&'+%
(:81!30!I1:/>401!A:6/10!203!0990/3!70!25!9:8710!.2!958/!8/.2.301!
203!I515/:6601103!0/!5II2.?801!203!1=4203!>2>;06/5.103B!
" S/#9*&*+,--/&&/
U.3I:3./.9! A:;I:3>! 70! /.403! ;>/522.?803H! 9.D>! J! 25! I51/.0! 25!
I283! K58/0! 7t86! /:./! 0/! 102.>! 58! 3:2H! 703/.6>! J! I1:/>401! 203!
Gq/.;06/3! A:6/10! 203! A:8I3! 70! 9:8710H! 06! A5652.356/! 203!
AK51403!>20A/1.?803!@013!20!3:2B!
#>6/;<6/0#&?J;/0#606/;;/0#./#9&,+/)+',-#./0#9/&0,--/0#
# #OB`&@N=!"
$ '0!I53!103/01!70K:13!k
$ &@./01!/:8/!A:6/5A/!5@0A!203!;5/>1.58D!:8
3<3/=;03!A:678A/0813!EAK0;.6>03H
I2:;G01.0H!0/ABL!k
$ '0!I53!30!25@01!0/!60!I53!30!301@.1!78
/>2>IK:60!9.D0!k
$ U>G156AK01!:17.65/0813H!I:3/03!70!/>2>@.3.:6
0/!58/103!5II510.23!?8.!1.3?8015.06/!7Fp/10
067:;;54>3!3.!25!9:8710!/:;G5./!381!25
;5.3:6!k
# .=CCBKJ@&P
63
50(
$ #F>A51/01!70!/:8/!I:.6/!A82;.656/!"
1>@01G=103H!!A2n/8103!:8!58/103!3/18A/8103
;>/522.?803H!!51G103!.3:2>3H!0/AB
$ &6!A53!70!7>I25A0;06/!I06756/!2F:1540H!.2
958/!20!95.10!J!I0/./!I53!:8!06!A:8156/!70
;56.=10!?8F86!3082!I.07!3:./!06!A:6/5A/!5@0A
20!3:2H!/:8/!06!>@./56/!70!7>I2:<01!I515I28.0
:8!58/10!:GV0/!35.2256/B
"IH %I.+7.-",/
*7 $%&'(')*+',-#./0#*)<6'0 *7 8%9,-0/0#*6B#<6/0+',-0
'0#.$;'N$&'8T;#&'V'<O#.$;'=$%M8%.'N8'=N2#$+' C 203!I:.6/3!35.2256/3!E51G103!.3:2>3H!1>@01G=103H!0/ABL
0K%&#L%$&R' F7 G&*'+/C/-+#.O6-/#0'+6*+',-#0'C';*'&/
F7 $%&'(')*+',-#.6#+&*'+/C/-+#./#;*#0'+6*+',- S>A:2/0!0/!;.30!06!A:;;86!703!7:66>03!I51!203!7.99>106/3
S0AK01AK01!J!2F.6/0160/!7F58/103!1=4203 41:8I03!703!>2=@03B
>2>;06/5.103!70!3>A81./>!2:13!7F86!:1540!0/
:1456.301!860!A5;I5460!70!3063.G.2.35/.:6!J
2F>A:20B
#1"-%1%6&']%I.+7.-",/#
AL %/0;3!" ZB Q15./0;06/!70!25!3./85/.:6
8
S>I:6303!A:110A/03!"! $
8 5L (01/.606A0!"!
$
$
GL #/18A/810!!!"!
$
&
AL S>382/5/3!!!!"!
&
5'-A")*3"B#&,'/./',0)*")+./!'-")0H)>@)
2,$2C*,+.'0")R'*9,&$;<=:&H09;2E&0I&HL[& "/.%&'22"+"0/'R'/?!-+'AD7B)
*'2-'#&'0"&R&*9>0290=&A;<=>?@0=%$;<=>?@0& "02"'10.0/) )R'5JB7B'-@5JB&
/'/!"))))))))' '''''R')1I38>0M&3M09I8>?@0' *./"' ' '''''R'
-,*"'' '''''R')*$+,J,& -&.22"' '''''R'-./0&12230&
!"5"!"0-"2&
+4 ">1MME&H;>082E&0I&1M,:
*9>0290=&$;<=>?@0=&J.:!"L[!l:&A1B0&WD,
D4 "@812F01@&m,$&0I&1M:&$;<=>?@0&&W.:
!"L[!l:&A1B0&WC,
C4 $8EB81//0&!F@91I>7
J4 K@>F0&FO1AA@>&1@&A8EB81//0
+./"!'"&)*'*.-/'($")
E<%<;8.$2;&'P0K2;8%.'M2'&$".$2;,'T8..$;#$'
MS8""292N8.$2;,'=8%%$82'&KN8#;$,'L;K2=$'
<N$".;KL:%$,'$."+Q,'U#N&'"K%M2".$2;&,'#%.$;;2=.$2;&,'
=;#&$&'M$'"K2;8%.+
64
53(
-,+#"/"0-"' '''''R'
B=;:&' 8OK#;' ;<8N#&<' NS$%&$9TN$' M$&' 8".#O#.<&' =;K=K&<$&,' NS<N:O$' &$;8' "8=8TN$' M$' .;8#.$;' 8O$"'
&2"":&' $.' M$' 98%#:;$' 8""$=.8TN$' M$&' &#.28.#K%&' U8#&8%.' 8==$N' V' M$&' &8OK#;&' $&&$%.#$N&' M$' N8'
"8.<LK;#$''W'0#;"2#.''<N$".;#12$X'
"B"+#&")*")2'/$./',0'R'
C8%&' N8' &8NN$' M$' "N8&&$' M$' N8' H:9$' 8%%<$' M$' NS6J' M$' NS/%&.#.2.' JK%MK*#' M$' 5n$%$]C#.2' M8%&' N$'
A8&8z' D;#$%.8N,' #N' U8#.' .K2[K2;&' &K9T;$' $%' .$9=&' M$' =N2#$,' "$' 12#' %$' =$;9$.' =8&' 82Z' <N:O$&' M$'
=;$%M;$' M$&' %K.$&' M2' .8TN$82+' (K2;' ;$9<M#$;' V' "$..$' &#.28.#K% %,' NS$%&$#L%8%.' #%O#.$' &$&' <N:O$&' V'
8&&K"#$;' 2%' $Z=$;.' V' NS<N8TK;8.#K%' MS2%' =;K[$.' MS<"N8#;8L$' P&")< <98,' <O8N28.#K%' $.' 8"12#&#.#K%' M$'
98.<;#$NQ' M$' N$2;' &8NN$' M$' "N8&&$+' /N&' =$2O$%.' &$' =;K"2;$;' N$' 98.<;#$N' <N$".;#12$' M8%&' N8'
12#%"8#NN$;#$'N8'=N2&'=;K")$+'
.P
P S MZ MS V J )K N )R3" 8 J N M; 8 7 8 S ) .PSMZMSVJ)KN)R3VR[ZN)
'E .-/'\'/"2)'0'/'.&"2
$" %&''()(*+,((-.#/01#*-..+((11+.*01 $" :&2-.101#+8 8;#<801,(-.1
2'&*&/0.,01#3
0#.$;'N$&''M$2Z'.*=$&'M$'")8;L$& 7$&'M$2Z'.*=$&'M$'")8;L$&'<N$".;#12$&'&K%.'N$&'
<N$".;#12$&+ ")8;L$&'=K&#.#O$&'$.'N$&'")8;L$&'%<L8.#O$&+'
!" 4-,(5+,,(-.#67&*-850',09 =E -ILQTV_N8JMI8)KN)R7)JMS<7SMI8

] (;<&$%.$;'N8'&#.28.#K%'V'N8'"N8&&$ ] 7$".2;$'&#N$%"#$2&&$'=8;'.K2&'N$&'<N:O$&'$.'=2#&'V
] /%
/ O#.$
. ;'N$&'<N:O$&'V'N8'N$".2
. ;$'$.'V ) .$'OK##Z'=8;'2%'K2'''M$2Z'<N:O$&+
)82.
NS$Z=N#"8.#K%'M$'N8'&#.28.#K%'$%'N$2;& ] 6Z=N#"8.#K%'M$'N8'&#.28.#K%+
=;K=;$&'.$;9$&+
''E .-/'\'/"2)#!'0-'#.&"2
=''>+.(1+,(-.#/0#?+#*?+110#0,# @*,((5(,&1#18'#?0#,+A?0+8#/0#12&*()(*+,(-.#
*-.1((>.01'
a<=8;.#;'N$&'<N:O$&'$%'&K2&]'L;K2=$&+' • (;K&=$".#K%'M2'&#.$'P&8NN$'M$'"N8&&$Q
!K2&'N8'"K%M2#.$'MS2%'$Z=$;.,'M$98%M$;' • 6.8TN#&&$9$%.'MS2%'<.8.'M$'T$&K#%&
82Z'<N:O$&'M$'9$%$;''N$&'8".#K%&' • 6N8TK;8.#K%'MS2%'M$O#&
&2""$&&#O$&';$N8.#O$&'V'NSKT&$;O8.#K%'MS' • -$&.'$.'8"12#&#.#K%'M2'98.<;#$N'<N$".;#12$
2%'"#;"2#.'<N$".;#12$'=;<$Z#&.8%.+'' PM8%&'2%$'12#%"8#NN$;#$,'=8;'$Z$9=N$Q
• 0K%&$;O8.#K%'M2'98.<;#$N'$%'N#$2'&y;'V'NS<"KN$
'''E 2F0/A"2"
B801,(-.1#/0#'&*+2(,8?+,((-.# C+',(*(2+,((-.#/01#&
&?D501#E#?+#2'-/8*,(-.#/0#?+#
1F.,GD10#
C;$&&$;'2%$'L;#NN$'M<&#L%8%.'N$'98.<;#$N'
2.#N#&<'$%'<N$".;#"#.<'8O$"'&K%'&*9TKN$'$.' H''(??0#/8#J+,&'(0?#&?0*,'(<80#8180?#
&8'UK%".#K%+'
*VJM;87SMI8) 2aL6IRN) 5I8PSMI8)
E<%<;8.$2;&'R'
] !K2;"$'M$
.$%&#K%'"K%.#%2$
(;KM2".#K%'
M2'"K2;8%.'
] !K2;"$'M$ <N$".;#12$'
.$%&#K%'8N.$;%8.#O$
65
54(
'
(;#&$&'
<N$".;#12$&'R' a<"$=.#K%'M2'
] (;#&$'&8%&'U#N'M$ "xTN$'M$'T;8%]'
.$;;$ ")$9$%.''=K2;'
K '
8N#9$%.8.#K%'
' <N$".;#12$)
'
] (;#&$'8O$"'U#N'K2
T;K")$'M$'.$;;$
789=$'<N$".;#12$' 6"N8#;8L$'
/%.$;;2=.$2;&'R' D2O$;.2;$'''M2'
] /%.$;;2=.$2; "#;"2#.'<N$".
" ;#1 2 $ '
K2O$;. PN$'"K2;8%.'%$'
=8&&$'=8&&Q'
] /%.$;;2=.$2; e$;9$.2;$'M2'
U$;9< "#;"2#.'<N$".
" ;#1 2 $ '
PN$'"K2;8%.'=8&&$Q'
e#N&'<N$".;#12$&' 08%8N#&8.#K%'M2'
"K2;8%.'
e2&#TN$' 0K2=2;$'M2'
"K2;8%.'
B9=:;$9:.;$' 5$&2;$'M$'
NS#%.$%&#.<'M2'
"K2;8%.'<N$".;#12$'
fKN.9:.;$' 5$&2;$'M$'N8'
.$%&#K%'<N$".;#12$'
'\E "\.&$./',0
+9 %&'()(*+,((-.#/01#+*<8(1 A9 :&2-.101#+8;#<801,(-.1
0#.$;'N$'98.<;#$N'%<"$&&8#;$'=K2;';<8N#&$;'
2%'"#;"2#.'<N$".;#12$'M8%&'2%$'&8NN$'M$' ] N$'L<%<;8.$2;,'N$&'U#N&'<N$".;#12$&,'N$&
"N8&&$+' #%.$;;2=.$2;&,'N$&'=;#&$&,'N$&'N89=$&'<N$".;#12$&,
0K%&#L%$&'R'CK%%$;'V'")812$' $."+
"K9=K&8%.'<N$".;#12$'&K%'&*9TKN$'
A9 L(,8+,(-.#1(J(?+('0 A9 M''+(,0J0.,#/0#?+#1(,8+,(-.#1(J(?+('0
a<8N#&$;'2%'&")<98'<N$".;#12$'$.'2% a<8N#&8.#K%'MS2%'&")<98'<N$".;#12$'$.'MS2%'M$
$O#&
M$O#&'=K2;'2%$'82.;$'&8NN$'M$'"N8&&$+ =K2;'2%$'&8NN$'M$'"N8&&$+
66
55(
-!'/"!"2)*j"\.&$./',0#
?E'SNLJ)O =E /T7MSNLN8S)KN)R7)JMS<7SMI8
a<=K%&$&'"K;;$".$&'R'
8Q ($;.#%$%"$'R' '''TQ
T '!.;2".2;$'''R
"Q a<&2N.8.&''''R
5'-A")*3"B#&,'/./',0)*")+./!'-")0H)>i)
2,$2C*,+.'0")R'*9,&$;<=:&H09;2E&0I&HL[& "/.%&'22"+"0 0/'R'/?!-+'AD7B)
*'2-'#&'0"R'*9>0290=&A;<=>?@0=%$;<=>?@0& "02"'10.0/) )R'5Ba-46'-!4/67B&
/'/!"))))))))' '''''R')1I38>0M&3M09I8>?@0' *./"' ' '''''R'
-,*"'' '''''R')*$+,J,& -&.22"' '''''R'-./0&12230&
!"5"!"0-"2&
+4 ">1MMME&H;>0882E& E&0I&1M,:
*9>0290=&$;<=>?@0=&J.:&!"L[!l:&A1B0&-D,
D44 "@8812F01@&m,$&0I&1MM:&$;<<=>? ?@0&&&W.:
!"L[!l l :&A 1 B 0 &W _ ,
C4 $8EB881//0&!F@91II>7
J4 K@>F0&02&1AA@>&1@&A88EB881//0
+./"!'"&)*'*.-/'($"
-K98.$&,'<N$".;KM$&'$%'"2#O;$,'<N$".;KM$&'$%
_#%",'=$.#.$&'N89=$&'M$'.K;")$'P89=K2N$&QQ,'=$.#.$&
9K%.;$&'<N$".;K%#12$&,'#%.$;;2=.$2;&
-,+#"/"0-")O'
B=;:&'8OK#;';<8N#&<'NS$%&$9TN$'M$&'8".#O#.<&'=;K=K&<$&,'NS<N:O$'&$;8'"8=8TN$'M$'.;8#.$;'8O$"'
&2"":&'$.'M$'98%#:;$'8""$=.8TN$'M$&'&#.28.#K%&'U8#&8%.'8==$N'V'M$&'&8OK#;&'$&&$%.#$N&'M$'N8'
"8.<LK;#$'W'0#;"2#.'<N$".;#12$X'
"B"+#&")*")2'/$./',0'R'
C8%&' N8' &8NN$' M$' "N8&&$' M$' N8' H:9$' 8%%<$' M$' NS6J' M$' NS/%&.#.2.' JK%MK*#' M$' 5n$%$]C#.2' M8%&' N$'
A8&8z' D;#$%.8N,' #N' U8#.' .K2[K2;&' &K9T;$' $%' .$9=&' M$' =N2#$,' "$' 12#' %$' =$;9$.' =8&' 82Z' <N:O$&' M$'
=;$%M;$' M$&' %K.$&' M2' .8TN$82+' (K2;' ;$9<M#$;' V' "$..$' &#.28.#K% %,' NS$%&$#L%8%.' #%O#.$' &$&' <N:O$&' V'
8&&K"#$;' 2%' $Z=$;.' V' NS<N8TK;8.#K%' MS2%' =;K[$.' MS<"N8#;8L$' P&")<98,' <O8N28.#K%' $.' 8"12#&#.#K%' M$'
98.<;#$NQ' M$' N$2;' &8NN$' M$' "N8&&$+' /N&' =$2O$%.' &$' =;K"2;$;' N$' 98.<;#$N' <N$".;#12$' M8%&' N8'
12#%"8#NN$;#$'N8'=N2&'=;K")$+'
.-/ /'\'/"2)*")&3"02"'10.0/) .-/'\'/"2)*")&3"&"\")
'E .-/'\'/"2)'0'/'.&"2
$" %&''()(*+,((-.#/01#*-..+((11+.*01 $" :&2-.101#+

+88;#<801,(-.1
2'&*&/0.,01#3
6%'12K#'"K%&#&.$'N$';$&=$".'M$'=KN8;#.<'M8%& 7$';$&=$".'M$'==KN8;#.<'"K%&#&.$'V'M#&=K&$$;'N$&'
2%$'.K;")$'c =#N$&'M$'U8YK%'V'8N.$;%$;'N$&'={N$&'=K&#.#U'$.'
%<L8.#U+)
!" 4-,(5+,,(-.#67&*-850',09 =E -ILQTV_N8JMI8)KN)R7)JMS<7SMI8

] /%O#.$;'N$&'<N:O$&'V'N8'N$".2;$'$.'V ] 7$".2;$'&#N$%""#$2&$'=8;'.K2&'N$&'<N:O$&'$.'=2#&
NS$Z=N#"8.#K%'M$'N8'&#.28.#K%'$%'N$2;&'=;K=;$& V')82.$'OK#Z'=88;'2%'K2'M$2Z'<N:O$&+
.$;9$&+ ] 6Z=N#"8.#K%'M$'N8'&#.28.#K%+
67
5-(
''E .-/'\'/"2)#!'0-'#.&"2
='>+.(1+,(-.#/0#?+#*?+110#0,#*-.1(>.01# @*,(5(,&1#18'#?0#,+A?0+8#/0#12&*()(*+,(-.#
a<=8;.#;'N$&'<N:O$&'$%'&K2&]L;K2=$&'$.'N$2;'
M$98%M$;'M$'9$%$;'N$&'8".#K%&'&2""$&&#O$&' • B&&$9TN8L$'M2'98.<;#$N
M$O8%.'"K%M2#;$'V'N8'U8T;#"8.#K%'MS2%' • 6%UK%"$9$%.'M$&'<N$".;KM$&'M8%&'N$&
L<%<;8.$2;'M$'UK;.2%$'V'.K98.$&'P2%' .K98.$&
L<%<;8.$2;'8;.#&8%8NQ+'' • C#&=K&#.#K%'M$&'.K98.$&
• 0K%%$Z#K%'M$&'<N$".;KM$&'OK#&#%$&
• /%&$;.#K%'MS2%'#%.$;;2=.$2;'M8%&'N$'"#;"2#.
• 0K%%$Z#K%'M$&'<N$".;KM$&'$Z.;g9$&'V'N8
N89=$
'''E 2F0/A"2"
B801,(-.1#/0#'&*+2(,8?+,(-.# 5.%!'-./',0)*3$0)1"0"!./"$!).)/,+./"2)
C<.8#NN$;'N$&'8".#K%&'V'9$%$;'=K2;'N8'
U8T;#"8.#K%'M2'L<%<;8.$2;'V'.K98.$&+'
B&&$9TN8L$'M2'98.<;#$N'R
•
F'.K98.$&,'F'<N$".;KM$&'$%'"2#O;$,'F'<N$".;KM$&
$%'_#%"'$.'2%$'=$.#.$'N89=$'M$'.K;")$
P89=K2N$Q+
• 6%UK%"$9$%.'M8%&'")812$'.K98.$'MS2%$
<N$".;KM$'$%'"2#O;$'$.'MS2%$'<N$".;KM$'$%'_#%",
M$'U8YK%'12S$NN$&'%$'&S*'.K2")$%.'=8&'V
NS#%.<;#$2;+
• C#&=K&#.#K%'M$&'.K98.$&'M$'U8YK%'12$'N$&
<N$".;KM$&'M#UU<;$%.$&'&S8OK#&#%$%.'P02]|%Q+
• 0K%%$Z#K%'#%.$;].K98.$&'PM$&'<N$".;KM$&
OK#&#%$&Q+
' • /%&$;.#K%'MS2%'#%.$;;2=.$2;'M8%&'N$'"#;"2#.+
' • 0K%%$Z#K%'M$&'<N$".;KM$&'$Z.;g9$&'V'N8
N89=$+
'\E "\.&$./',0
%&'()(*+,(-.#/01#+*<8(1# :&2-.101#+8;#<801,(-.1#
8Q (K2;12K#'NS8&&$9TN8L$'M$&'.K98.$&
;$N#<$&'"K%&.#.2$].]#N'2% 8Q 0$.'8&&$9TN8L$'=;KM2#.'N$'"K2;8%.,'V'NS#%&.8;'M$
L<%<;8.$2;'<N$".;#12$'c .K2.'82.;$'L<%<;8.$2;'<N$".;#12$+
TQ B'12K#'%K2&'K%.'&$;O#'N$&'N89$NN$&'M$ TQ 6NN$&'%K2&'K%.'&$;O#'MS<N$".;KM$&+
"2#O;$'$.'M$'_#%"'c
L(,8+,(-.#1(J(?+('0# M'+(,0J0.,#/0#?+#1(,8+,(-.#1(J(?+('0#
e8T;#12$;,'$%'&K2&]L;K2=$&,'2%'
L<%<;8.$2;'V'T8&$'M2'"#.;K%,'%$' 5.%!'-./',0)*$)1"0"!./"$!).)-'/!,0)
M#&=K&8%.'12$'MS2%'"#.;K%,'2%$'N89$NN$'
$%'"2#O;$,'2%$'N89$NN$'$%'_#%",'M$2Z'U#N&'
68
5.(
<N$".;#12$&'NK%L&'M$'>G"9'")8"2%,'2%$' 0)812$'&K2&]L;K2=$'
=$.#.$'N89=$'M$'.K;")$'PK2'MS2%$'=$.#.$' U8T;#12$'2%'L<%<;8.$2;'V'
9K%.;$'<N$".;K%#12$Q'$.'M$&'=#%"$..$&' "#.;K%'$%'&2#O8%.'N$&'
K2'MS2%'&"K.")+' <.8=$&'M<";#.$&'"#]
M$&&2&'=K2;'N$'
-I8JM;8NJ)O) L<%<;8.$2;'V'.K98.$&+'
/%O$;&$;'N$&'TK;%$&'&#'N8'N89=$'%$'
&S8NN29$'=8&+''
-!'/"!"2)*j"\.&$./',0#
=E 'SNLJ)O =E /T7MSNLN8S)KN)R7)JMS<7SMI8
''''''''a<=K%&$&'"K;;$".$&'
8Q TQ 8Q ($;.#%$%"$'R TQ !.;2".2;$'''R
"QQ a<&2N.8.&'''R
''
69
5/(
5'-A")*3"B#&,'/./',0)*")+./!'-")0H)?>)
2,$2C*,+.'0")R'*9,&$;<=:&H09;2E&0I&HL[& "/.%&'22"+"0/'R'L(*H,&h#jL"L)
*'2-'#&'0") &R&*9>0290=&$;<=>?@0=%$;<=>?@0& "02"'10.0/) )R')'(#(K#&)h#6#&
/'/!")))))))) '''''R'L(*H#66#HLd(&!6![H5L^'!& *./"' ' '''''R'
-,*"'' '''''R')*$+,Q,& -&.22"' '''''R'-./0&12230&
!"5"!"0-"2&
>Q C#8NNK'-)#$;%K'$.'8N+,
!"#$%"$&'()*&#12$&'h:,'=8L$'Hk+
IQ J;2%12$;&'7'$.'eK2T$;.'5,'6N$".;#"#.<'>,
6M'M$'JK$"q'}'78;"#$;'&+8,'=8L$'HI+
FQ (;KL;899$'6M2"8.#U
hQ E2#M$'MS8==2#'82'=;KL;899$
+./"!'"&)*'*.-/'($"
!")<98'%K;98N#&<'$.'98.<;#$N'<N$".;#12$
PU#N&'"K%M2".$2;&,'#%.$;;2=.$2;&,'=;#&$&,
U2&#TN$&,'$."+Q
-,+#"/"0-")O'
&2"":&' $.' M$' 98%#:;$' 8""$=.8TN$' M$&' &#.28.#K%&' U8#&8%.' 8==$N' V' M$&' &8OK#;&' $&&$%.#$N&' M$' N8'
"8.<LK;#$'W'0#;"2#.'<N$".;#12$'X+)
"B"+#&")*")2'/$./',0'R'
(K2;' ;$9<M#$;' 82' 98%12$' MS<"N8#;8L$' MS2%$' "N8&&$' M$' H:9$' 8%%<$' M$' NS6J' M$' NS/%&.#.2.'
-2%L2%2q8*#'M8%&'N8'=;KO#%"$'M$'7K989#,'NS$%&$#L%8%.'&KNN#"#.$'NS$Z=$;.#&$'MS2%'<N$".;#"#$%'=K2;'
12S#N'8#M$'N$&'<N:O$&'V';<8N#&$;'N$'9K%.8L$'MS2%'&*&.:9$'MS<"N8#;8L$'M8%&'N$2;'&8NN$'M$'"N8&&$,'V'
NS8#M$'M2'&")<98'%K;98N#&<'$.'M2'98.<;#$N'<N$".;#12$'M<[V'M#&=K%#TN$&'V'NS<"KN$+'
'E .-/'\'/"2)'0'/'.&"2
$" %&'()(*+,(-.#/01#*-..+(11+.*01 $" :&2-.101#+8;#<801,(-.1
2'&*&/0.,01#3
?K99$;'N$&'<N<9$%.&'2.#N$&'V'N8';<8N#&8.#K% ] 2%'L<%<;8.$2;'M$'"K2;8%.'P"K%.#%2Q
M2'&")<98'MS2%'"#;"2#.'<N$".;#12$'&#9=N$+ ] M$&'U#N&
] 2%'#%.$;;2=.$2;
] 2%$'N89=$
!" 4-,(5+,(-.#67&*-850',09 =E -ILQTV_N8JMI8)KN)R7)JMS<7SMI8

] (;<&$%.$;'N8'&#.28.#K%'V'N8'"N8&&$ ] 7$".2;$'&#N$%"#$2&$'=8;'.K2&'N$&'<N:O$&'$.'=2#&
] /%O#.$;'N$&'<N:O$&'V'N8'N$".2;$'$.'V V')82.$'OK#Z'=8;'2%'K2'M$2Z'<N:O$&+
NS$Z=N#"8.#K%'M$'N8'&#.28.#K%'$%'N$2;&'=;K=;$& ] 6Z=N#"8.#K%'M$'N8'&#.28.#K%+
.$;9$&+
''E .-/'\'/"2)#!'0-'#.&"2
='>+.(1+,(-.#/0#?+#*?+110#0,#*-.1(>.01# @*,(5(,&1#18'#?0#,+A?0+8#/0#12&*()(*+,(-.#
] a<=8;.#;'N$&'<N:O$&'$%'&K2&]'L;K2=$&
C'&10.,+,(-.#/0#?+#2'-/8*,(-.#
] C$98%M$;'82Z'<N:O$&'MS#M$%.#U#$;,'=8;.8%.'M$ C$&";#=.#K%'M2'"K%.$Z.$'=)*&#12$'
M#9$%&#K%&'M2'&#.$,'N$&'8".#K%&'&2""$&&#O$&
V'9$%$;'=K2;'#%&.8NN$;'2%'"#;"2#.'<N$".;#12$
M8%&'N$2;'&8NN$'M$'"N8&&$+ '02/.&&./',0)*3$0)-'!-$'/)"&"-/!'($")
!V7RMJ7SMI8)K<)JP_VL7)VRNPSTMX<N)
70
-1(
/%&.8NN8.#K%'M2'98.<;#$N'<N$".;#12$'R'
] U#N&'"K%M2".$
$ 2 ;&
] #%.$;;2=.$2;&
] N89=$&'<N$".;#12$&
] =;#&$&
PV'=8;.#;'M2'&")<98'<N$".;#12$'$.'M$&
8""$&&K#;$&'M$'
M '9$%2#&$;#$Q
'
'''E 2F0/A"2"
B801,(-.1#/0#'&*+2(,8?+,(-.# C+',((*(2+,((-.#/01#&?D501#E#?+#2'-/8*,(-.#/0#?+#
1F.,G GD10#
'B'12K#'&$;.'N$'"K2=$]"#;"2#.'PU2&#TN$Q'M8%&' 7$'"K2=$]"#;"2#.'PU2&#TN$Q'&$;.'V'=;K.<L$;'
2%$'#%&.8NN8.#K%'<N$".;#12$'$.'12$N'$&.'&K%' NS#%&.8NN8.#K%'"K%.;$'NS#%"$%M#$'$%'"8&'M$'
9$#NN$2;'$9=N8"$9$%.'c' &2;.$%&#K%'K2'&2;#%.$%&#.<\'#N'MK#.'g.;$'=N8"<'&2;'
N$'U#N'M$'=)8&$+'
b2$N'$&.'N$';{N$'MS2%'#%.$;;2=.$2;'c'
7S#%.$;;2=.$2;'&$;.'V'8NN29$;'K2'V'<.$#%M;$'N$&'
a<8N#&$_'&")<98.#12$9$%.'NS#%&.8NN8.#K%' N89=$&+'
<N$".;#12$'M$'OK.;$'&8NN$'M$'"N8&&$' a<8N#&8.#K%'M2'"#;"2#.'8O$"'=;#&$&,'N89=$&,'
"K9=;$%8%.'N$&'"K9=K&8%.&'<N$".;#12$&' U2&#TN$&'$.'#%.$;;2=.$2;&+#
&2#O8%.&'R'=;#&$&,'N89=$&,'U2&#TN$&,'
#%.$;;2=.$2;&,'U#N&'"K%M2".$2;&+'
'\E "\.&$./',0
+9 %&'()(*+,(-.#/01#+*<8(1 !VQI8JN)7<Y)X<NJSMI8J)
>+ C8%&'2%'"#;"2#.''<N$".;#12$'V'12K#'&$;.'R >+ 8Q'7S#%.$;;2=..$2;'&$;.'V'8NN29$;'K2''V'<.$#%M;$
8Q NS#%.$;;2=.$2;'c N$&'N89=$&
TQ N$'"K2=$]"#;"2#.'PU2&#TN$Q'c
TQ 7$'"K2=$]"#;"2#.'K2'U2&#TN$'&$;.'V'=;K.<L$;
NS#%&.8NN8.#K
K%'<N$".;#12$'"K%.;$'NS#%"$%M#$''$%
I+ b2$N'$&.'N$'9$#NN$2;'$9=N8"$9$%.'PM2 "8&'M$'&2;.$%&#K%'K2'&2;#%.$%&#.<+''7$
"#;"2#.Q'=K2;'NS#%&.8NN8.#K%'M2'U2&#TN$c U2&#TN$'&$'=N8"$'&2;'N8'=)8&$'
A9 L(,8+,(-.#1(J(?+('0
6N8TK;$;'N$'&")<98'<N$".;#12$'MS2%$'"N8&&$ 6^ /T7MSNLN8S)KN)R7)JMS<7SMI8)JMLMR7MTN
$%'=;<OK*8%
8%..'2%'#%.$;;2=.$2;'V'NS$%.;<$'
$'$. 6N8TK;8.#K%'M2'&")<98'<N$".;#12$'M$'N8'"N8&&$
M$2Z'=;#&$&'8O
8 $"'.$;;$+ 8O$"'2%'#%.$;;2=.$2;'V'NS$%.;<$'$.'M$2Z'=;#&$&
8O$"'.$;;$+
-!'/"!"2)*j"\.&$./',0#
F+ /.$9&'R I+ -;8#.$9$%.'M
M$''N8'&#.28.#K%
'a<=K%&$&'"K;;$".$&'R'
8Q ($;.#%$%"$'R TQ !.;2".2;$'''R
>+ 8Q TQ Q I+ Q
"QQ a<&2N.8.&''''R
71
-2(
5'-A")*3"B#&,'/./',0)*")+./!'-")0H)??)
2,$2C*,+.'0")R'*9,&$;<=:&H09;2E&0I&HL[& "/.)%&'22"+"0/'R'L(*H,&h#jL"L)
*'2-'#&'0"&R&*9>0290=&A;<=>?@0=%$;<=>?@0& "02"'10.0/) )R')!*'&6'H#&
/'/!")))))))'R'L(*H#66#HLd(&!6![H5L^'!& *./"' ' '''''''R'&
-,*"'''''''R')*$+,Q,& -&.22"' '''''''R'-./0&12230&
!"5"!"0-"2&
>Q C#8NNK'-)#$;%K'$.'8N+,
!"#$%"$&'()*&#12$&'h:,'=8L$'+++
IQ J;2%12$;&'7'$.'eK2T$;.'5,'6N$".;#"#.<'>,
6M'M$'JK$"q'}'78;"#$;'&+8,'=8L$+++
FQ (;KL;899$'6M2"8.#U
hQ E2#M$'$%'8==2#'82'=;KL;899$
+./"!'"&)*'*.-/'($"
@%$'=N8%")$';$".8%L2N8#;$'$%'TK#&,'=$.#.$&
N89=$&,'U#")$&'9xN$&'$.'U$9$NN$&,'#%.$;;2=.$2;&,
U#N&'"K%M2".$2;&+
-,+#"/"0-"'
&2"":&' $.' M$' 98%#:;$' 8""$=.8TN$' M$&' &#.28.#K%&' U8#&8%.' 8==$N' V' M$&' &8OK#;&' $&&$%.#$N&' M$' N8'
"8.<LK;#$'W'0#;"2#.'<N$".;#12$'X+))
"B"+#&")*")2'/$./',0'
(K2;' ;$9<M#$;' 82' 98%12$' MS<"N8#;8L$' MS2%$' "N8&&$' M$' H:9$' 8%%<$' M$' NS6J' M$' NS/%&.#.2.'
NS8#M$'M2'&")<98'%K;98N#&<'$.'M2'98.<;#$N'<N$".;#12$'M<[V'M#&=K%#TN$&'V'NS<"KN$+'
.-/'\'/"2)*")&3"02"'10.0/) .-/'\'/"2)*")&3"&"\")
'E .-/'\'/"2)'0'/'.&"2
$" %&'()(*+,(-.#/01#*-..+(11+.*01 $" :&2-.101#+8;#<801,(-.1
2'&*&/0.,01#3
(K2;12K#'$&.]#N'%<"$&&8#;$'M$'=N8"$;'2% /N'$&.'%<"$&&8#;$'M$'=N8"$;'N$'U2&#TN$'&2;'N8'=)8&$'
"K2=$]"#;"2#.'M8%&'2%$'#%&.8NN8.#K% PM8%&'NS#%&.8NN8.#K%Q'=K2;'=;K.<L$;'NS#%&.8NN8.#K%'
<N$".;#12$'$.'K~'=;<"#&<9$%.'MK#.]#N'g.;$ "K%.;$'2%'#%"$%M#$'<O$%.2$N'My'V'N8'&2;.$%&#K%+'
=N8"<'c

] (;<&$%.$;'N8'&#.28.#K%'V'N8'"N8&&$+'/%O#.$;'N$& ] 7$".2;$'&#N$%"#$2&$'=8;'.K2&'N$&'<N:O$&'$.'=2#&
<N:O$&'V'N8'N$".2;$'$.'V'NS$Z=N#"8.#K%'M$'N8 V')82.$'OK#Z'=8;'2%'K2'M$2Z'<N:O$&'$.
&#.28.#K%'$%'N$2;&'=;K=;$&'.$;9$&+ $Z=N#"8.#K%'M$'N8'&#.28.#K%
''E .-/'\'/"2)#!'0-'#.&"2
='>+.(1+,(-.#/0#?+#*?+110#0,#*-.1(>.01# @*,(5(,&1#18'#?0#,+A?0+8#/0#12&*()(*+,(-.#
] a<=8;.#;'N$&'<N:O$&'$%'&K2&]'L;K2=$&
5.%!'-./',0)*3$0)-'!-$'/)"&"-/!'($")
] C$98%M$;'82Z'<N:O$&'MS#M$%.#U#$;'N$&'8".#K%&
&2""$&&#O$&''V'9$%$;'=K2;';<8N#&$;'2%'"#;"2#. 6N8TK;8.#K%'M2'&")<98'<N$".;#12$+'
<N$".;#12$'&2;'2%$'=N8%")$'8U#%'M$'&S$%'&$;O#; e#Z8.#K%'M$&'M#UU<;$%.&'"K9=K&8%.&'<N$".;#12$&'
=N2&'.8;M'"K99$'98.<;#$N'M#M8".#12$+ &2;'N8'=N8%")$+'
-$&.'M2'"#;"2#.';<8N#&<+'
0K%%$Z#K%'M2'"#;"2#.'V'2%'L<%<;8.$2;'K2'82'
"K2;8%.'M2'&$".$2;+'
72
-,(
'''E 2F0/A"2"
B801,(-.1#/0#'&*+2(,8?+,((-.# C+',((*(2+,(-.#/01#&?D501#E#?+#2'-/8*,(-.#/0#?+#
1F.,GD10#
0K99$%.';<8N#&$;'2%'"#;"2#.'<N$".;#12$'$'&#9=N$' PS:PKSM#IOIPM M:SBKI#

P&2;'2%$'=N8%")$Q'V'2.#N#&$;'=N2&'.8;M'"K99$' 7$&'M#UU<;$%.&'"K9=K&8%.&'<N$".;#12$&'PN89 8 =$&,'
98.<;#$N'M#M8".#12$'c' U#N&,'#%.$;;2=.$2;&,'=;#&$&,'$."+Q'MK#O$%.'g.;$'
9K%.<&'&2;'2%$'=N8%")$'$%'TK#&'M$'M#9$ $ % & #K % & '
/NN2&.;8.#K%'M$&'U#")$&' T#$%'M<U#%#$&+'
5MP_N)5NLNRRN) 0#]M$&&K2&,'NS#NN2&.;8.#K%'MS2%'"#;"2#.'<N$".;#12$'
"K9=;$%8%.'.;K#&'=;#&$&,'2%'#%.$;;2=.$2;'L<%<;8N,'
.;K#&'#%.$;;2=.$2;&'8&&K"#<&'V'.;K#&'N89=$&+'
5MP_N)Lk
k RN )
'\E "\.&$./',0
%&'()(*+,(-.#/01#+*<8(1# !VQI8JN)7<Y)X<NJSMI8J)
8Q b2$N'<N<9$%.'=$2.]K%'#%.;KM2#;$'M8%&'"$ 8Q /N' U82.' *' =N8"$;' 2%' U2&#TN$' &2;' N8' =)8&$,' V
"#;"2#.'=K2;'N$';$%M;$'=N2&'&<"2;#&<c NS$%.;<$'M$'NS#%&.8NN8.#K%+
TQ b2$NN$&'82.;$&'=;<"82.#K%&'&<"2;#.8
8#;$& TQ /N' U82.' ")812$' UK#&' <O#.$;' N$&' "K%.8".&' M#;$".&
=$2.]K%'=;$%M;$'=K2;'"$'"#;"2#.'c
=$2. $%.;$' N$&' =)8&$&,' K2' 2%$' =)8&$' $.' N$' %$2.;$+
78' .K#N$' #&KN8%.$' =K2;;8' &$;O#;' V' "$.' $UUU$.
P"K99$'#&KN8%.Q+
L(,8+,(-.#1(J(?+('0#
a<8N#&$;' 2%' "#;"2#.' M8%&' N$12$N' 2%' #%.$;;2=.$2;' /T7MSNLN8S)KN)R7)JMS<7SMI8)JMLMR7MTN)
<.$#%.'$.'8NN29$'M$2Z'N89=$&'V'N8'UK#&+' ] a<8N#&8.#K%'M2'"#;"2#.'=8;'N$&'<N:O$&+
-!'/"!"2)*j"\.&$./',0#
h+ /.$9&'R I+ -;8#.$9$%.'M$'N8'&#.28.#K%
'a<=K%&$'"K;;$".$'R''' 8QQ ($;.#%$%"$'R

8Q'
TQ !.;2".2;$'''R
TQ'
"Q a<&2N.8.&'''R
73
-0(
5'-A")*3"B#&,'/./',0)*")+./!'-")0H)?=)
2,$2C*,+.'0")R'*9,&$;<=:&H09;2E&0I&HL[& "/.%&'22"+"0/'R'L(*H,&h#jL"L)
*'2-'#&'0"R&*9>0290=&$;<=>?@0=%$;<=>?@0& "02"'10.0/) )R')'j#(]#&\!(5L&
/'/!"))))'R'L(*H#66#HLd(&!6![H5L^'!& *./"' ' '''''R'
-,*"'''''R')*$+,Q,& -&.22"' '''''R'-./0&12230&
!"5"!"0-"2&
+4 h8@2?@08=&6&0I&lE@N08I&):&!M09I8>9>I3&+:
!F&F0&hE09k&f&6189>08&=,1:A1B0&WD,
D4 $8EB81//0&!F@91I>7
C4 K@>F0&FO1AA@>&1@&A8EB81//0
+./"!'"&)*'*.-/'($"
0xTN$'V'.;K#&'U#N&'"K%M2".$2;&,'U#")$&'U$9$NN$&,
U#")$&'9xN$&,'&K"N$&'P&2==K;.&Q'$%'TK#&+
-,+#"/"0-")O'
&2"":&' $.' M$' 98%#:;$' 8""$=.8TN$' M$&' &#.28.#K%&' U8#&8%.' 8==$N' V' M$&' &8OK#;&' $&&$%.#$N&' M$' N8'
"8.<LK;#$'W'0#;"2#.'<N$".;#12$'X+'
"B"+#&")*")2'/$./',0'R'
(K2;' ;$9<M#$;' 82' 98%12$' MS<"N8#;8L$' MS2%$' "N8&&$' M$' H$' 8%%<$' M$' NS6J' M$' NS/%&.#.2.'
NS8#M$'M2'&")<98'%K;98N#&<'$.'M2'98.<;#$N'<N$".;#12$'M<[V'M#&=K%#TN$&'V'NS<"KN$+''
'E .-/'\'/"2)'0'/'.&"2
$" %&'()(*+,(-.# /01# *-..+(11+.*01 $" :&2-.101#+8;#<801,(-.1
2'&*&/0.,01#3
B'12K#'&$;.,'M8%&'2%'"#;"2#.'<N$".;#12$'R
8Q 2%$'U#")$'9xN$'c 8Q @%$' U#")$' 9xN$' &$;.' V' g.;$' 8N#9$%.<$' $%
TQ 2%$'U#")$'U$9$NN$'c "K2;8%.'<N$".;#12$'=8;'N8'U$9$NN$'P=;#&$Q+
TQ a$N#<$' 82' &$".$2;,' N8' U#")$' U$9$NN$' &$;.' M$
&K2;"$'M$'"K2;8%.'=K2;'N8'U#")$'9xN$+
!" 4-,(5+,(-.#67&*-850',09
] (;<&$%.$;'N8'&#.28.#K%'V'N8'"N8&&$+ =E -ILQTV_N8JMI8)KN)R7)JMS<7SMI8
/%O#.$;' N$&' <N:O$&' V' N8' N$".2;$' $.' V ] 7$".2;$'&#N$%"#$2&$'=8;'.K2&'N$&'<N:O$&'$.'=2#&'V
NS$Z=N#"8.#K%'M$'N8'&#.28.#K%'$%'N$2;&'=;K=;$& )82.$' OK#Z' =8;' 2%' K2' M$2Z' <N:O$&' $.' $Z=N#"8.#K%&
.$;9$&+ M$'N8'&#.28.#K%+
''E .-/'\'/"2)#!'0-'#.&"2
='>+.(1+,(-.#/0#?+#*?+110#0,#*-.1(>.01## @*,(5(,&1#18'#?0#,+A?0+8#/0#12&*()(*+,(-.#
a<=8;.#;'N$&'<N:O$&'$%'&K2&]'L;K2=$&'$.'
N$2;'M$98%M$;'M$'9$%$;'N$&'8".#K%&' 5.%!'-./',0)*3$0")!.&&,01")
&2""$&&#O$&'M$O8%.'9$%$;'V'N8'U8T;#"8.#K%' +$&/'#!'2")
MS2%$';8NNK%L$'8;.#&8%8N$'V'U#")$'92N.#=;#&$+'''
-I88NYMI8)K<)Pk6RN)STMCWMR7MTN)`)R7)WMP_N)LkRN) a<8N#&8.#K%'M2'&")<98'<N$".;#12$'M$'N8'
;8NNK%L$'92N.#=;#&$+'
(;<=8;8.#K%'$.'#%&.8NN8.#K%'M2'&K"N$'$%'TK#&'
8O$"'F'U#N&'U#Z$&'=8;8NN:N$&'U>,'UI'$.'UF''
0K%%$Z#K%'M$'N8'=;$9#:;$'8NO<KN$'P=$.#.'.;K2Q'
M$'")812$'U#")$'U$9$NN$'82'=;$9#$;''U#N'U>'
74
-3(
P=)8&$Q+'
-I88NYMI8)KNJ)WMP_NJ)
LkRNCWNLNRRN) 0K%%$Z#K%'M$'N8'M$2Z#:9$'8NO<KN$'M$'")812$'
) '
U#")$'U$9$NN$'82'M$2Z#:9$'U#N'UI'P%$2.;$Q+'
0K%%$Z#K%'M$'N8'.;K#&#:9$'8NO<KN$'M$'")812$'
U#")$'U$9$NN$'82'.;K#&#:9$'U#N'UF'PN#L%$'M$'.$;;$Q'
0K%%$Z#K%'M2'"xTN$'.;#]U#N8#;$'82Z'.;K#&'T;K")$&'
&#.2<$&'M$;;#:;$'N8'U#")$'9xN$+''
0K%%$Z#K%'M$&'F'82.;$&'TK2.&'M2'"xTN$'V'U>,'UI'
$.'UF,,';$&=
=$".#O$9$%.+'
'
'''E 2F0/A"2"
B801,((-.1#/0#'&*+2(,8?+,(-.# C+',((*(2+,((-.#/01#&?D501#E#?+#2'-/8*,(-.#/0#?+#
1F.,GGD10#
0K99$%.'&$'=;<&$%.$'N$'&")<98'=;8.#12$' 5.%!'-./',0)*3$0")!.&&,01")
M$'"$..$';8NNK%L$'c' .!/'2.0.&").)/!,'2)#!'2"2)
fK#;'8".#K%&'"#]M$
$&&2&+'
(;8.#12$9$%.'K%'8'N$'&")<98'&2#O8%.'R'
'\E "\.&$./',0
+9 %&'()(*+,(-.#/01#+*<8(1#18'#?01 7^ !VQI8JN)7<Y)X<NJSMI8J
1+5-('1#0110.,(0??1#/8#,+A?0+8#/0
12&*()(*+,((-.
(K2;12K#'MK#.]K%'=N8"$;'N$&'=;#&$&&'$% 7$&'=;#&$&'MK#O$%.'g.;$'=N8"<$&'$%'M<;#O8.#K%'P$%''
M<;#O8.#K%'P=8;8NN:N$,'T#U2;"8.#K%Q'c =8;8NN:N$Q'=K2;'12$''")8"2%$'MS$NN$&'&K#.'8N#9$%.<$'
=8;'N8'9g9$'.$%&#K%+'
A9 L(,8+,((-.#1(J(?+(('0 6^ /T7MSNLN8S)KN)R7)JMS<7SMI8)JMLMR7MTN
e8T;#12$;'2%$';8NNK%L$'8;.#&8%8N$'V e8T;#"8.#K%'MS2%$';8NNK%L$'8;.#&8%8N$'V'128.;$
128.;$'=;#&$&+ =;#&$&+
-!'/"!"2)*j"\.&$./',0#
?E 'SNLJ)O =E /T7MSNLN8S)KN)R7)JMS<7SMI8
a<=K%&$'"K;;$".$'R
8Q ($;.#%$%"$'R
TQ !.;2".2;$'''R
"Q a<&2N.8.&'''R
75
5'-A")*3"B#&,'/./',0)*")+./!'-")0H)?c)
2,$2C*,+.'0"R'!"+'()*&,'-$")%K'$.'-/0& "/.%&'22"+"0/'''R'/?!-+'C/•BC/AB)
*'2-'#&'0") &R&!"'=)*&3()*&#12$' "02"'10.0/) )R'AB-@5JB'07Df/!&
/'/!")))))))R'6ee6-!'C@'0D@aB?-' *./"' ' ''''''''''R'&
6760-a/b@6' -&.22"' ''''''''''R'-./0&12230&
-,*"'''''''R'5!(>+j+& !"5"!"0-"2&
+4 J;2%12$;&'7'$.'eK2T$;.'5,'6N$".;#"#.<'>,
6M'M$'JK$"q'}'78;"#$;'&+8,'=8L$'FF+
IQ (;KL;899$'6M2"8.#U
FQ E2#M$'MS8==2#'82'=;KL;899$
+./"!'"&)*'*.-/'($"
(#N$'=N8.$,'=$.#.$'N89=$'<N$".;#12$,'8#L2#NN$
8#98%.<$,'U#N&'"K%M2".$2;&,'#%.$;;2=.$2;&,
OKN.89:.;$'$.'=$.#.'O$%.#N8.$2;+
-,+#"/"0-")O'
&2"":&' $.' M$' 98%#:;$' 8""$=.8TN$' M$&' &#.28.#K%&' U8#&8%.' 8==$N' V' M$&' &8OK#;&' $&&$%.#$N&' M$' N8'
"8.<LK;#$'W'0#;"2#.'<N$".;#12$'X+'
"B"+#&")*")2'/$./',0'R'
B2' N8TK;8.K#;$' M$' =)*&#12$' M2' E;K2=$' !"KN8#;$' B2;K;$' M$' A#%.89TK' V' A#%&)8&8,' NS<N:O$'
58;8%8.)8' 5n89T8' 9K%.$' 2%' "#;"2#.' <N$".;#12$' V' NS8#M$' MS2%$' =#N$' =N8.$,' MS2%$' =$.#.$' N89=$'
<N$".;#12$,' MS2%$' 8#L2#NN$' 8#98%.<$' =N8"<$' 82]M$&&2&' M2' U#N' "K%M2".$2;,' M$&' U#N&' "K%M2".$2;&' $.'
MS2%' #%.$;;2=.$2;+' b2$N12$&' &$"K%M$&' 8=;:&' N8' U$;9$.2;$' M2' "#;"2#.,' #N' "K%&.8.$' 12$' N8' =$.#.$'
N89=$'&S8NN29$'$.'&S<")82UU$,'NS8#L2#NN$'8#98%.<$'M<O#$+'69$;O$#NN<,'#N'#%O#.$'.K2&'&$&'89#&'V'&K%'
$Z=<;#$%"$+'7S#%.<;g.'L<%<;8N'$&.'V'&K%'"K9TN$+'7S$%&$#L%8%.'M$98%M$'82Z'<N:O$&'M$';$=;$%M;$'
NS$Z=<;#$%"$'$%'*'8[K2.8%.'2%'OKN.89:.;$'$.'2%'=$.#.'O$%.#N8.$2;,'M$'[2&.#U#$;'N$&'$UU$.&'KT&$;O<&'$.'
12$N12$&]2%$&'M$'N$2;&'8==N#"8.#K%&+'/N'N$2;';$9$.'2%'=;K.K"KN$'MS$Z=<;#$%"$+'
'E .-/'\'/"2)'0'/'.&"2
$" %&'()(*+,(-.#/01#*-..+(11+.*01 $" :&2-.101#+8;#<801,(-.1
2'&*&/0.,01#3
B'12K#'&$;.,'M8%&'2%'"#;"2#.''<N$".;#12$R 8Q 7S#%.$;;2=.$2;'&$;.'V'8NN29$;'K2'V'<.$#%M;$'N$&
' 8Q NS#%.$;;2=.$2;'c N89=$&+
TQ N$'"K2=$]"#;"2#.'PU2&#TN$Q'c TQ 7$'"K2=$]"#;"2#.'K2'U2&#TN$'&$;.'V'=;K.<L$;
NS#%&.8NN8.#K%'<N$".;#12$'"K%.;$'NS#%"$%M#$''$%'"8&
M$'&2;.$%&#K%
] b2$N'$&.'N$'9$#NN$2;'$9=N8"$9$%.'PM8%& ] 7$'U2&#TN$'&$'=N8"$'&2;'N8'=)8&$+
N$'"#;"2#.Q'=K2;'NS#%&.8NN8.#K%'M2'U2&#TN$'c

] (;<&$%.$;'N8'&#.28.#K%'V'N8'"N8&&$ ] 7$".2;$'&#N$%"#$2&$'=8;'.K2&'N$&'<N:O$&'$.'=2#&'V
] /%O#.$;'N$&'<N:O$&'V'N8'N$".2;$'$.'V )82.$'OK#Z'P=8;'2%'K2''M$2Z'<N:O$&Q+
NS$Z=N#"8.#K%'M$'N8'&#.28.#K%'$%'N$2;& ] 6Z=N#"8.#K%'M$'N8'&#.28.#K%+
=;K=;$&'.$;9$&+
76
-5(
''E .-/'\'/"2)#!'0-'#.&"2
='>+.(1+,(-.#/0#?+#*?+110#0,#*-.1(>.01# @*,(5(,&1#18'#?0#,+A?0+8#/0#12&*()(*+,(-.#
a<=8;.#;'N$&'<N:O$&'$%'&K2&]L;K2=$&'$.'N$2;' C 5K%.8L$' M2' "#;"2#.' "K9=;$%8%.' N$&' M#UU<;$%.&

M$98%M$;' MS#M$%.#U#$;' N$&' 8".#K%&' <N<9$%.&'M$'N8'&#.28.#K%+
&2""$&&#O$&' M$O8%.' 9$%$;' V' N8' M<"K2O$;.$' C e$;9$.2;$'M2'"#;"2#.+
M$&'$UU$.&'M2'"K2;8%.'<N$".;#12$+' C DT&$;O8.#K%'M$&'$UU$.&'M2'"K2;8%.
C C$&";#=.#K%'$.'[2&.#U#"8.#K%'M$&'$UU$.&'M2'"K2;8%.
C 6N8TK;8.#K%'M2';8==K;.'M<.8#NN<'M$'NS$Z=<;#$%"$+
'''E 2F0/A"2"
B801,(-.1#/0#'&*+2(,8?+,(-.# C+',(*(2+,(-.#/01#&?D501#E#?+#2'-/8*,(-.#/0#?+#
1F.,GD10#
0#.$;'N$&'M#UU<;$%.&'$UU$.&'M2'"K2;8%.' "55"/2)*$)-,$!.0/)"&"-/!'($"#
<N$".;#12$'$.'MK%%$;'N$2;&'8==N#"8.#K%&' 0 "55"/) .##&'-./',02)
=;8.#12$&+'' H) #!./'($"2'
>' [1ME8>7>?@0& [;1@771B0&F0=&ME91@V:&
81F>1I0@8=&/@81@V:&708&Z&
80A1==08:&708&Z&=E@F08:&
a@204&8nI>==E>80:&0I9,&
I' 6@/>20@V& !9M1>81B0&A@NM>?@0:&
39M1>81B0&F0=&ME91@V:&F0=&
AM1>20=:&F0=&=I1F0=:&0I9,&
F' )3912>?@0& e02I>M1I0@8=:&F3/1880@8=&
FO1@IE/EN>M0=:&/EI0@8=&
3M09I8>?@0=&3?@>A12I&M0=&
1AA180>M=&3M09I8E/3S
21B08=&aM0==>T0@=0=:&
/E@M>2=&Z&9173:&0I9,4&
h' )1B23I>?@0& *E2208>0&3M09I8>?@0:&
/>98EA;E20:&3M09I8ES
1>/12I&F0&M0T1B0:&0I9,&
i' [;>/>?@0& !M09I8EM<=0&F0=&/3I1@V&U&
FE8@80:&9;8E/1B0:&
8177>21B0&F@&9@>T80:&0I9,4:&
N1II08>0=&
FO199@/@M1I0@8=:&&
A>M0&;<F8E3M09I8>?@0:&0I9,&
j' $;<=>EMEB>?@0& !M09I8>9>I3&/3F>91M0&U&
=I>/@M1I>E2&918F>1?@0:&
3M09I8E9;E9=:&0I9,&
77
--(
'\E "\.&$./',0
+9%&''()(*+,(-.#/01#+*<8(1#18'#?01#1+5-('1 7^ !VQI8JN)7<Y)X<NJSMI8J
0110.,((0??1#/8#,+A?0+8#/0#12&*()(*+,,(-.
0K9=N<.$_'N$'.8TN$82'"#]M$&&K2&'R'
?^' B((Ba6/7' @?'6ee6-' ?^' B((Ba6/7' @?'6ee6-'

DJ!6af6' DJ!6af6'
>' f$%.#N8.$2;' >' f$%.#N8.$2;' 5<"8%#12$'
I' e$;'V';$=8&&$;' 08NK;#U#12$'
I' e$;'V';$=8&&$;' <N$".;#12$'
<N$".;#12$'
F' a<")82M' F' a<")82M' 08NK;#U#12$'
<N$".;#12$' <N$".;#12$'
h' (#N$' h' (#N$' 0)#9#12$'
)*M;K<N$".;#12$' )*M;K<N$".;#12$'
i' !K%%$..$' i' !K%%$..$' 58L%<.#12$'
<N$".;#12$' <N$".;#12$'
A9 L(,8+,(-.#1(J(?+('0
C$98%M$;' V' ")812$' L;K2=$' MS<N:O$& 6^ /T7MSNLN8S)KN)R7)JMS<7SMI8)JMLMR7MTN
M ';<
M$ <8N#&$;' 2%' 9 K % .8 L $ ' <N$".;##12$ 0)812$'L;K2=$';<8N#&$'N$'9K%.8L$'8O$"'2%$'=#N$
"K9=;$%8%.' 2%$' =#N$' =N8.$' $.' M$2Z' M$& =N8.$'$.'M$2Z'8==8; =8;$#N&'M$'&K%'")K#Z+
8==8;$#N&' &2#O8%.&'R' =$.#.$' N89=$,' 8#L2#NN$
8#98%.<$,'OKN.89:.;$,'=$.#.'O$%.#N8.$2;;+
-!'/"!"2)*j"\.&$./',0#
?E 'SNLJ)O =E /T7MSNLN8S)KN)R7)JMS<7SMI8
a<=K%&$&'"K;;$".$&'R'
8Q ($;.#%$%"$''R TQ !.;2".2;$'''''R
"Q a<&2N.8.&''''R
5'-A")*3"B#&,'/./',0)*")+./!'-")0H)?d)
2,$2C*,+.'0")R'!"+'()*&,'-$")%K'$.'-/0' "/.%&'22"+"0 " /'R'/?!-/-@-'C/AD76!46?@)
*'2-'#&'0")R'!"#$%"$&'()*&#12$&3()*&#12$' "02"'10.0/''''''''R'5@7@AB'C65'
/'/!") R'!60@a/-6'6760-a/b@6' *./"' R''
-,*"' R'5!(>+H+' -&.22"))))))) )R'H:9$'8%%<$'
!"5"!"0-"2'
>Q !8N8)K2'!'$..'8N+,!"#$%"$&'=)*&#12$&'j:,48.#$;
=8L$&'l,>I'$.'>F
IQ (;KL;899$'6M2"8.#U
FQ E2#M$'MS8==2#2#'82'=;KL;899$
+./"!'"&)*'*.-/'($"
E<%<;8.$2;&,'U2&#TN$&,'U#N&,'N89=$&,'#%.$;;2=.$2;&+
-,+#"/"0-")R'
B=;:&' 8OK#;' ;<8N#&<' NS$%&$9TN$' M$&' 8".#O#.<&' =;K=K&<$&,' NS<N:
:O$' &$;8' "8=8TN$' M$' .;8#.$;' 8O$"'
&2"":&' $.' M$' 98%#:;$' 8""$=.8TN$,' N$&' &#.28.#K%&' U8#&8%.' 8==$N' V' M$&' &8OK#;&' $&&$%.#$N&' M$' N8'
"8.<LK;#$'W'0#;"2#.'<N$".;#12$'X+'
78
-.(
"B"+#&")*")2'/$./',0'R''
58M89$'?8M#%$'58.8M#'O#$%.'M$'"K%%8o.;$'M$&'M<")8;L$&'<N$".;#12$&'$%'.K2")8%.'&8'"2#&#%#:;$'
<N$".;#12$' $.' M$' OK#;' 2%$' U29<$' &$' M<L8L$;' M$' &K%' .<N<O#&$2;+' 6NN$' O8' O#.$' ")$;")$;' "K%&$#N'
82=;:&'M$'&K%'OK#&#%,'$%&$#L%8%.'M$&'!"#$%"$&'()*&#12$&'M$'NS#%&.#.2.'C#qKN$&)$%2'M8%&'N8'O#NN$'
M$'-&)#q8=8+'7S$%&$#L%8%.'N2#'M#;8'12S#N'&S<.8#.'8L#'MS2%'"K2;.]"#;"2#.,'"8;'&K%'#%&.8NN8.#K%'<N$".;#12$'
%S<.8#.' =8&' &<"2;#&<$' P98%12$' M$' U2&#TN$&,' M$' M#&[K%".$2;&,' M$' U#N' M$' .$;;$,' $."+Q+' 6%' O2$' M$'
;$9<M#$;'V'"$'M<&8L;<9$%.,'NS$%&$#L%8%.'8&&K"#$'2%'<N$".;#"#$%'V'NS<12#=$'M$'.;8O8#N'"K9=;$%8%.'
82&&#'&$&'<N:O$&'
'E .-/'\'/"2)'0'/'.&"2
QTVPVKN8SNJ)O
6UU$.&'"8NK;#U#12$&'''''''"'T;yN2;$&'
0#.$;'12$N12$&'$UU$.&'<N$".;#12$&'$.'N$2;&' 6UU$.&'9<"8%#12$&''''''"'")K"&'=)*&#12$&'
"K%&<12$%"$&'&2;'NSK;L8%#&9$')298#%' 6UU$.&'=)*&#KNKL#12$&''"'<N$".;K"2.#K%'
] (;<&$%.$;'N8'&#.28.#K%'V'N8'"N8&&$ ] 7$".2;$'&#N$%"#$2&$'=8;'.K2&'N$&'<N:O$&'$.'=2#&
] /%O#.$;'N$&'<N:O$&'V'N8'N$".2;$'$.'NS$Z=N#"8.#K% V')82.$'OK#Z'P=8;'2%'K2''M$2Z'<N:O$&Q
M$'N8'&#.28.#K%'$%'N$2;&'=;K=;$&'.$;9$&+ ] 6Z=N#"8.#K%'M$'N8'&#.28.#K%+
''E .-/'\'/"2)#!'0-'#.&"2
a<=8;.#;' N$&' <N:O$&' $%' &K2&]L;K2=$&' $.' N$2;' B%8N*&$'M2'"#;"2#.'<N$".;#12$'=;<$Z#&.8%.''
M$98%M$;,'V'=8;.#;'M$&'<N<9$%.&'M2'98.<;#$N,' C<.$".#K%'M$'N8'"82&$'M2'"K2;.]"#;"2#.'
MS#M$%.#U#$;' N$&' 8".#K%&' &2""$&&#O$&' V' 9$%$;'
=K2;'&<"2;#&$;'NS#%&.8NN8.#K%'<N$".;#12$+' 6.8TN#&&$9$%.'M2'M$O#&''
B"12#&#.#K%'$.'#%&.8NN8.#K%'M$&'M#&[K%".$2;&'$.'M$&'
U2&#TN$&'
/9=N8%.8.#K%'M2'U#N'M$'.$;;$''
e$;9$.2;$'M2'"#;"2#.''
-$&.'M$'NS#%&.8NN8.#K%'
6N8TK;8.#K%' $.' 8UU#")8L$' MS2%$' U#")$'
MS#%&.;2".#K%&'&<"2;#.8#;$&'
'''E 2F0/A"2"
(<NJSMI8J)KN)TVP7QMS<R7SMI8) #7TSMPMQ7SMI8)KNJ)VR[ZNJ)`)R7)QTIK<PSMI8)KN)R7)
a$&.#.2$;' NS#%.<;g.' $.' NS#9=K;.8%"$' M$' Ja8S_[JN)
NS#%&.8NN8.#K%'PM8%&'2%'"#;"2#.Q'MS2%'R' -K2&' "$&' <N<9$%.&' =;K.:L$%.' NS#%&.8NN8.#K%'
8Q "K2=$]"#;"2#.'PU2&#TN$Q <N$".;#12$'R'
TQ M#&[K%".$2; 8Q N$' "K2=$]"#;"2#.' PU2&#TN$Q' UK%M' $%' "8&' M$
"Q U#N'M$'.$;;$ &2;#%.$%&#.<
TQ N$' M#&[K%".$2;' "K2=$' 82.K98.#12$9$%.' N$
"K2;8%.' $%' "8&' M$' O8;#8.#K%' 8%K;98N$' M$
NS#%.$%&#.<'K2'M$'N8'.$%&#K%
] 482.$9$%.' "8N#T;<&,' N$' U2&#TN$' $.' N$' M#&[K%".$2;
UK%.' =8&&$;' N8' &2;#%.$%&#.<' 12#' =$2.' =;KOK12$;
NS#%"$%M#$'M8%&'NS#%&.8NN8.#K%
] e8#TN$9$%.' "8N#T;<&,' #N&' "K2=$%.' N$' "K2;8%.
#%2.#N$9$%.'P&8%&'12$'NS#%.$%&#.<'%$'&K#.'%2#&#TN$'V
NS#%&.8NN8.#K%Q
"Q N$' U#N' M$' .$;;$' M<O#$' N8' M<")8;L$' <N$".;#12$' M$
N8'98&&$'O$;&'2%$'=;#&$'M$'.$;;$
79
-/(
'\E "\.&$./',0
7^ \VTMWMP7SMI8)KNJ)7PX<MJ 7^ !VQI8JNJ)7<Y)X<NJSMI8J
B'12$NN$'"K%M#.#K%'N$'U2&#TN$'$.'N$'M#&[K%".$2; 7$'U2&#TN$'$.'N$'M#
M &[K%".$2;'[K2$%.'T#$%'N$2;
[K2$%.]#N&'T#$%'N$2;';{N$'c ;{N$'NK;&12S#N&'K%.'U8#.'NSKT[$.'MS2%'")K#Z'[2M#"#$2Z
$.';8.#K%%$N'P;$&=$".'M$&'O8N$2;&'#%M#12<$&QR
6^ 2MS<7SMI8)JMLMR7MTN 6^ /T7MSNLN8S)KNK )R7)JMS<7SMI8)JMLMR7MTN

6Z89#%$;,'$%'&K2&]L;K2=$&,'M$&'"#;"2#.& 0)812$'&K2&]L;K2=$'O#&#.$'2%'&#.$,'NS$Z89#%$
<N$".;#12$&'M$'&#.$&'8OK#&#%8%.&'$. &K#L%$2&$9$%.'=K2;'M#;$'&S#N'$&.'&<"2;#&<'$.'82
8Q M#;$'&S#N&'&K%.'&<"2;#&<& "8&'"K%.;8#;$,'=;K=K&$'M$&'&KN2.#K%&'M$
TQ =;K=K&$;'M$&'&KN2.#K%&'<O$%.2$NN$& &<"2;#&8.#K%+
-!'/"!"2)*j"\.&$./',0)
?E 'SNLJ)O =E /T7MSNLN8S)KN
K )R7)JMS<7SMI8)JMLMR7MTNO
>+ a<=K%&$'"K;;$".$''''R 8Q ($;.#%$%"$'R TQ !.;2".2;$ '''''''''''''R''
"Q a<&2N.8.''R
80
.1(
'''E /"-A0,&,1'"
5'-A")*b"B#&,'/./',0)*")+./!'-")0l)>?)
2I<JC*IL7M8N)O)!"#$%"$&'()*&#12$&,' )"S76RMJJNLN8S)O)0KNN:L$'C#Tn8'C#8Tn8q8%$)
-$")%KNKL#$'$.'-/0' )"8JNM;878S))))))O)A8%qKNK%LK)
*MJPMQRM8N))))))))O)-$")%KNKL#$''' )*7SN)))))))))))))))))O)''''''
/MSTN)O)576TMP7SMI8)KNJ'6TMX<NJ)P<MSNJ' )-R7JJN))))))))))))))O)H:9$'B%%<$'6J'
-,*"'R'5->+>''''' )!VWVTN8PNJ)O) +78<NR) KN) SNP_8I4) QTI;T7LLN) K<)
*.2)1<MKN)N8)7QQ<M4)mN6I;T7Q_MN)
)+7SVTMNRJ) KMK7PSMX<NJ)O' -$;;$' 8;L#N$2&$,,' &8TN$,'
$82,'9K2N$'''''''
-ILQVSN8PN)
M$'98%#:;$'8""$=.8TN$'M$&'&#.28.#K%&'U8#&8%.'8==$N'V'M$&'&8OK#;&'$&&$%.#$N&'M$'N8'"8.<LK;#$'W'58#&K%'
X+
"YNLQRN)KN)JMS<7SMI8)
78' U89#NN$' ?MK%L8N8' 12#' )8T#.$' 5T8%_8]?L2%L2' M<"#M$' M$' &$' "K%&.;2#;$' 2%$' L;8%M$' 98#&K%+'
0K99$'N$'"#9$%.'"Ky.$'")$;,'N$'=:;$'?MK%L8N8'M$98%M$'V'&$&'U#N&'M$'U8T;#12$;'M$&'T;#12$&'"2#.$&+'
!$&' U#N&' -8%M2' $.' 78%M2,' <N:O$&' M$' N8' H#:9$' 8%%<$' M$' NS6J' M$98%M$%.' V' N$2;' $%&$#L%8%.' M$'
-$")%KNKL#$' M$' N$2;' 8==;$%M;$' N8' .$")%#12$' =K2;' U8T;#12$;' M$&' T;#12$&' "2#.$&+' 7S$%&$#L%8%.'
M$98%M$' V' &$&' <N:O$&' 12$NN$&' &K%.' N8' M<98;")$' $.' N$&' <.8=$&' V' &2#O;$' =K2;' U8T;#12$;' N$&' T;#12$&'
"2#.$&'c'
.PSMZMSVJ)KN)RbN8JNM;878S) .PSMZMSVJ)KN)RbVR[ZN)
'E .-/'\'/"2)'0'/'.&"2
?E \VTMWMP7SMI8) KNJ) PI887MJJ78PNJ ?E !VQI8JNJ)KNJ)VR[ZNJ

QTVPVKN8SNJ
6%' 12$N&' 98.<;#82Z' &K%.' "K%&.;2#.$&' N$&' - $%'=#$;;$
98#&K%&'M$'OK.;$'128;.#$;'c'' - $%'TNK"&'$%'"#9$%.
- $%''8MKT$&
- $%'T;#12$&'"2#.$&
- $%'TK#&'P")8N$.&Q
=E -ILQTV_N8JMI8)KN)R7)JMS<7SMI8
=E +ISMZ7SMI8)]*VPI<ZNTSN^
- 7$".2;$' &#N$%"#$2&$' =2#&' V' )82.$' OK#Z' =8;' 2%' K2
-'C$98%M$;' 82Z' <N:O$&' M$' N#;$'
M$2Z'<N:O$&+
&#N$%"#$2&$9$%.' =2#&' V' )82.$' OK#Z' N8'
&#.28.#K%+''
- 0K9=;<)$%&#K%'M$'N8'&#.28.#K%'$.'$Z=N#"8.#K%'=8;'2%
- B=;:&' N$".2;$' M$' NS$Z$9=N$' M$' &#.28.#K%, K2'M$2Z'<N:O$&+'/N'&S8L#.'M$&'T;#12$&'"2#.$&+
M#.$&'M$'12$N'.*=$'M$'T;#12$&'#N'&S8L#.+
''E .-/'\'/"2)#!'0-'#.&"2
,T;78MJ7SMI8)KN)R7)PR7JJN)NS)PI8JM;8NJ) .PSMZMSVJ)J<T)RN)S76RN7<)KN)JQVPMWMP7SMI8'
a<=8;.#;'N$&'<N:O$&'$%'&K2&'u'L;K2=$&'$.'N$2;' ] $Z.;8".#K%'M$'N8'.$;;$'8;L#N$2&$'\
M$98%M$;' MS$Z.;8#;$' N8' .$;;$' 8;L#N$2&$' =K2;' ] =2#&8L$'M$'NS$82'\
U8T;#12$;'N$&'8MKT$&+' ] 9<N8%L$'M$'N8'.$;;$'8;L#N$2&$'PkGrQ'$.3K2'M2'&8TN$
P'IGrQ'\
] 9K2#NN8L$'M$'9<N8%L$'8O$"'NS$82'\
] 2.#N#&8.#K%'M$'9K2N$'=K2;'U8T;#12$;'N$&'T;#12$&'\
] $Z=K&#.#K%'M$&'T;#12$&'82'&KN$#N'=$%M8%.'I'V'h'[K2;&+
81
.2(
'''E 2F0/A"2"
(<NJSMI8J)KN)TVP7QMS<R7SMI8) #7TSMPMQ7SMI8) KNJ) VR[ZNJ) `) R7) QTIK<PSMI8) KN) R7)
Ja8S_[JN)
CK%%$;' N$&' <.8=$&' M$' N8' U8T;#"8.#K%' M$&' 7$&'<.8=$&'M$'N8'U8T;#"8.#K%'M$&'T;#12$&'"2#.$&'&K%.'R'

T;#12$&'"2#.$&' ] ;8&&$9TN$;'N$&'98.<;#82Z'M$'U8T;#"8.#K%
P9K2N$,'.$;;$'8;L#N$2&$,'&8TN$dQ,
] 9<N8%L$;'N8'.$;;$'8;L#N$2&$'PkGrQ'8O$"'M2
&8TN$'PIGrQ'$.'M$'NS$82
] =<.;#;'N$'9<N8%L$'=K2;'KT.$%#;'M2'9K;.#$;
)K9KL:%$+
] U8T;#12$;'N$&'T;#12$&'$.'N$&'$Z=K&$;'82'&KN$#N'I'V
h'[K2;&
] N$&'$%.8&&$;'$%'"KNK%%$&'$%'2%'$%M;K#.'&<"2;#&<
'\E"\.&$./',0
?E \VTMWMP7SMI8)KNJ)7PX<MJ ?E !VQI8JNJ)7<Y)(<NJSMI8J
7^ "YNLQRNJ)K3MSNLJ)O
/%M#12$;' N8' =;K=K;.#K%' M2' 9<N8%L$' V' 2.#N#&$;' ] kGr'M$'N8'.$;;$'8;L#N$2&$
M8%&'N8'U8T;#"8.#K%'M$&'8MKT$&+' ] IGr'M$'&8TN$
] N8'128%.#.<'MS$82'=;K=K;.#K%%$NN$
=E 2MS<7SMI8)JMLMR7MTN =E /T7MSNLN8S)KN)R7)JMS<7SMI8
7$'OK#&#%'M$'?MK%L8N8'U8T;#12$'M$&'8MKT$&,
#N' "K%&.8.$' 12$' "$&' T;#12$&' &$' U$%M$%.' $. ] "82&$'R'%K%];$&=$".'M$'=;K=K;.#K%'M$&'<N<9$%.&
&S<=8;=#NN$%.'U8"#N$9$%.+'C<"$N$;'N8'"82&$'$% "K%&.#.2.#U&'M2'9<N8%L$+'
8#M8%.' "$' OK#&#%' V' U8T;#12$;' M$&' 8MKT$&' M$ ] U8T;#"8.#K%'M$&'8MKT$&'12#';$&=$".$%.'N$&'%K;9$&+
TK%%$'128N#.<+
-!'/"!"2)*3"\.&$./',0)
?E '/"+2 =E /!.'/"+"0/)*")&.)2'/$./',0)2'+'&.'!"
8Q a<=K%&$&'"K;;$".$&'R'I3I 8Q ($;.#%$%"$'R''''>3>
TQ !.;2".2;$''''R''''>3>
"Q a<&2N.8.''''''R''''I3I
5'-A")*b"B#&,'/./',0)*")+./!'-")0l)>=)
2I<JC*IL7M8N)O)!"#$%"$&'()*&#12$&,'
-$")%KNKL#$'$.'-/0) "S76RMJJNLN8S)O) 0KNN:L$' C#Tn8' C#8Tn8q8%)
*MJPMQRM8N)))))))O)-$")%KNKL#$''' "8JNM;878S))))))O)A8%qKNK%LK'
/MSTN))))))))))))O)e8T;#"8.#K%'M$&'T;#12$&'"2#.$&' *7SN))))))))))))))))))O)''''')
-,*") )R'5->+>'''' -R7JJN)))))))))))))))O)H:9$'B%%<$'6J)
!VWVTN8PNJ)O)(;KL;899$'M2'CB!,'L2#M$'$%'8==2#'
82Z'=;KL;899$&'n$TKL;8=)#$
+7SVTMNRJ)KMK7PSMX<NJ)O)BMKT$&,'TK#&'M$'
")82UU8L$,'8NN29$..$&'''''''
-ILQVSN8PN)
B=;:&' 8OK#;' ;<8N#&<' NS$%&$9TN$' M$&' 8".#O#.<&' =;K=K&<$&,' NS<N:O$' &$;8' 8O$"' "8=8TN$' M$' .;8#.$;' 8O$"'
&2"":&' $.' M$' 98%#:;$' 8""$=.8TN$' M$&' &#.28.#K%&' U8#&8%.' 8==$N' V' M$&' &8OK#;&' $&&$%.#$N&' M$' N8'
"8.<LK;#$'W'58#&K%'X+''
78' U89#NN$' ?MK%L8N8' 12#' )8T#.$' 5T8%_8]?L2%L2' M<"#M$' M$' &$' "K%&.;2#;$' 2%$' L;8%M$' 98#&K%+'
0K99$'N$'"#9$%.'"Ky.$'")$;,'N$'=:;$'?MK%L8N8'M$98%M$'V'&$&'U#N&'M$'U8T;#12$;'M$&'T;#12$&'"2#.$&+'
!$&' U#N&' -8%M2' $.' 78%M2,' <N:O$&' M$' N8' H#:9$' 8%%<$' M$' NS6J' M$98%M$%.' V' N$2;' $%&$#L%8%.' M$'
-$")%KNKL#$' M$' N$2;' 8==;$%M;$' N8' .$")%#12$' =K2;' U8T;#12$;' M$&' T;#12$&' "2#.$&+' 7S$%&$#L%8%.'
M$98%M$' V' &$&' <N:O$&' 12$NN$&' &K%.' N8' M<98;")$' $.' N$&' <.8=$&' V' &2#O;$' =K2;' U8T;#12$;' N$&' T;#12$&'
"2#.$&'c'
82
.,(
'E .-/'\'/"2)'0'/'.&"2

QTVPVKN8SNJ
C#UU<;$%"#$;'N$&'T;#12$&'"2#.$&'MS8O$"'N$&'TNK"& - N$&' T;#12$&' "2#.$&' &K%.' U8T;#12<$&' 8O$"' M$
$%'"#9$%. NS8;L#N$,' M2' &8TN$' $.' M$' NS$82'\' &2T#&&$%.' N8
"2#&&K%'.8%M#&'12$'N$&'TNK"&'$%'"#9$%.'&K%.
b2$NN$' $&.' N8' =;K=K;.#K%' M$&' 98.<;#82Z' V' 2%'9<N8%L$'M$'&8TN$,'"#9$%.'$.'$82+
2.#N#&$;' M8%&' N$' 9<N8%L$' =K2;' N8' U8T;#"8.#K%'
M$&'8MKT$&'c' - kGr'M$'N8'.$;;$'8;L#N$2&$
- IGr'M$'&8TN$
- 2%$' 128%.#.<' MS$82' "K%O$%8TN$' [2&12SV
NSKT.$%.#K%'M2'9K;.#$;'&K2)8#.<+
=E -ILQTV_N8JMI8)KN)R7)JMS<7SMI8
] C$98%M$;'82Z'<N:O$&'M$'N#;$
&#N$%"#$2&$9$%.'$.'V')82.$'OK#Z'N8
- 7$".2;$'&#N$%"#$2&$,'=2#&'V')82.$'OK#Z'=8;'2%
&#.28.#K%+
] (8;'12$NN$'K=<;8.#K%'=$2.]K%';$%M;$'=N2& K2'M$2Z'<N:O$&+
&KN#M$'2%'8MKT$'c
- 78'"2#&&K%'M8%&'2%'UK2;
''E.-/'\'/"2)#!'0-'#.&"2
a$=8;.#;' N$&' <N:O$&' $%' &K2&]L;K2=$' $.' N$2;' - B&&$9TN8L$'M$&'8MKT$&'\
M$98%M$;' M$' M<.$;9#%$;' N$&' 8".#K%&' - C#&=K&#.#K%' M$&' 8MKT$&' $%' UK;9$' M$
&2""$&&#O$&'V'9$%$;'=K2;';<8N#&$;'N8'"2#&&K%' =*;89#M$'M$'98%#:;$'V'UK;9$;'2%'UK2;'\
M$&'8MKT$&+' - C#&=K%#T#N#&8.#K%'M$&'TK#&'M$'")82UU8L$'\
- /%.;KM2".#K%' M$&' TK#&' M$' ")82UU8L$' ' M8%&' N$
";$2Z'M2'UK2;'\
- BNN298L$'M$&'TK#&'\
- 0KN98.8L$'M$&'K2O$;.2;$&'\
- !2;O$#NN8%"$'"K%&.8%.$'M2'UK2;'\
- !2&=$%&#K%'M$'NS8N#9$%.8.#K%'$%'"K9T2&.#TN$
8=;:&'2%'.$9=&';$12#&'M$'"2#&&K%'\
- ;$U;K#M#&&$9$%.'M2'UK2;'\
;$.;8#.'M$&'T;#12$&'"2#.$&'M2'UK2;\
- -$&.'M$'&KN#M#.<'M$'N8'T;#12$
- !2=$;=K&#.#K%' M$&' T;#12$&' $%' .8&' =K2;' 2%$
<O$%.2$NN$'2.#N#&8.#K%
'''E 2F0/A"2"
(<NJSMI8J)KN)!VP7QMS<R7SMI8) #7TSMPMQ7SMI8) KNJ) VR[ZNJ) `) R7) QTIK<PSMI8) KN) R7)
B=;:&' N8' U8T;#"8.#K%' M$&' T;#12$&,' M<";#;$' N$&' Ja8S_[JN)
<.8=$&'M$'N8'"2#&&K%+' B=;:&'N8'U8T;#"8.#K%'M$&'T;#12$&,'N$2;'"2#&&K%'=8&&$'
=8;'N$&'<.8=$&'&2#O8%.$&'R'
] B==;g.$;'N$'TK#&'M$'")82UU8L$'\
] C#&=K&$;' M$&' 8MKT$&' $%' UK;9$' M$' =*;89#M$' M$
98%#:;$
'''V'UK;9$;'2%'UK2;'\'
] BNN29$;'N$'U$2'$.'"KN98.$;'N$&'K2O$;.2;$&'\
] 0)82UU$;'=$%M8%.'h'V'j'[K2;&
] a$U;K#M#;'N$'UK2;'=$%M8%.'I'V'h'[K2;&
] -$&.$;' N8' &KN#M#.<' M$&' T;#12$&' $.' N$&' &2=$;=K&$;
M8%&'2%
''$%M;K#.'&<"2;#&<'
83
.0(
'\E"\.&$./',0
?E \VTMWMP7SMI8)KNJ)7PX<MJ ?E!VQI8JNJ))7<Y)(<NJSMI8J
7^ 'SNLJ)O
] 6%'"K9T#$%'M$'.$9=&'$&.#9$].]K%'N8'"2#&&K% ] h' V' j' [K2;&' =K2;' N8' "2#&&K%'\' I' $.' h[K2;&' =K2;' N$
$.'N$';$U;K#M#&&$9$%.'M$&'T;#12$&c ;$U;K#M#&&$9$%.+
] (8;' 12$NN$' K=<;8.#K%' =$2.]K%' ;$%M;$' 2%$
T;#12$'&KN#M$c ] (8;'N8'"2#&&K%
I+2MS<7SMI8)JMLMR7MTNE
B*8%.'"K%&.;2#.'&K%'UK2;'V'T;#12$&,'N$'OK#&#%'M$ =E/T7MSNLN8S)KN)R7)JMS<7SMI8
?MK%L8N8' "K%&.8.$' 12$' N8' 128N#.<' M$' &$& !2#O;$'N$&'M#UU<;$%.$&'<.8=$&'M$'N8'"2#&&K%+
T;#12$&' %S$&.' =8&' TK%%$+' 0K99$%.' &S*
=;$%M;$'c
-!'/"!"2)*3"\.&$./',0)
?E '/"+2 =E /!.'/"+"0/)*")&.)2'/$./',0)2'+'&.'!"
C a<=K%&$&'"K;;$".$&'R'I3I ] ($;.#%$%"$'R''''>3>
C a<=K%&$&'"K;;$".$&'R'I3I ] !.;2".2;$'''R''''I3I
] a<&2N.8.'''''R'''F3F
5'-A")*3"B#&,'/./',0)*"))+./!'-")0H)>c)
2I<JCKIL7M8NR'!"#$%"$&'()*&#12$&,' "S76RMJJNLN8S'R'/+'?EpB?|B'''''''
-$")%KNKL#$'$.'-/0)) "8JNM;878S''''R'''A#N2T2q8'6998
*MJPMQRM8N' R'-$")%KNKL#$)) *7SN)O)
/MSTN' ' R'7$&'TNK"&'$%'"#9$%.) -R7JJN' R'H:9$'M$'NS6J'
-IKN'R'5-+I) !VWVTN8PN'R'•+(D!!D|,'-$")%KNKL#$>,'(;KL;899$'
M2'CB!,'L2#M$'$%'8==2#'82Z'=;KL;899$&,'
n$TKL;8=)#$'
+7SVTMNR)KMK7PSMX<N'R'"#9$%.,'&8TN$,'$82,
J;K2$..$,'Tg")$d''''')
-ILQVSN8PN'
B=;:&'8OK#;';<8N#&<'NS$%&$9TN$'M$&'8".#O#.<&'=;K=K&<$&,'NS<N:O$'&$;8'"8=8TN$'M$'.;8#.$;'8O$"'&2"":&'
$.' M$' 98%#:;$' 8""$=.8TN$' N$&' &#.28.#K%&' U8#&8%.' 8==$N' V' M$&' &8OK#;&' $&&$%.#$N&' M$' N8'
"8.<LK;#$'W58#&K%'X+)
78'U89#NN$''e2%M8'12#')8T#.$'5T8%_8?L2%L2'M<"#M$'M$'&$'"K%&.;2#;$'2%$'L;8%M$'98#&K%'$%'TNK"&'
"#9$%.+'!$&'U#N&'-8%M2'$.'78%M2'M$'N8'H:9$'M$'NS]'6J'&KNN#"#.$%.'N$'"K%"K2;&'M$'N$2;'$%&$#L%8%.'M$'
-$")%KNKL#$'=K2;'N$&'8#M$;'V'U8T;#12$;'N$&'TNK"&'$%'"#9$%.+'7S$%&$#L%8%.'89:%$'N$&'<N:O$&''")$_'N$'
T;#12$.#$;'=K2;'N8';<8N#&8.#K%'M$'"$..$'m2O;$+'0K99$%.'OK%.]#N&'&S*''=;$%M;$'c)
'E .-/'\'/"2)'0'/'.&"2
?E \VTMWMP7SMI8)KNJ)PI887MJJ78PNJ ?E !VQI8JNJ)KNJ)VR[ZNJ
BO$"'12$N'.*=$'M$'T;#12$'$&.'"K%&.;2#.$'N8 7$&'T;#12$&'M$'N8'")8=$NN$'&K%.'M$&'T;#12$&'"2#.$&+
")8=$NN$'M$'AKN8'c
6%'9<N8%L$8%.'M$'N8'.$;;$'8;L#N$2&$'V'NS$82'$.'"2#;$'
0K99$%.'U8T;#12$].]K%'N$&'T;#12$&'"2#.$&'c' M8%&'2%'UK2;+'
=E +ISMZ7SMI8)O)]*VPI<ZNTSN^ =E -ILQTV_N8JMI8)KN)R7)JMS<7SMI8
6Z#&.$]#N'MS82.;$&'.*=$&'M$'T;#12$&'&$;O8%.'V
"K%&.;2#;$'2%$'98#&K%'c /N'*'8'M$&'T;#12$&'$%'"#9$%.'K2'TNK"&'$%'"#9$%.'
''E .-/'\'/"2)#!'0-'#.&"2
,T;78MJ7SMI8)KN)R7)PR7JJN)NS)PI8JM;8NJ) .PSMZMSVJ)J<T)RN)S76RN7<)KN)JQVPMWMP7SMI8O)
a<=8;.#;'N$&'<N:O$&'$%'&K2&]L;K2=$'$.'N$2;' C B"12#&#.#K%'M$&'98.<;#$N'RP"#9$%.,'9K2N$,'Tg")$,
84
.3(
M$98%M$;'M$'MK%%$;'N$'=;K"$&&2&'M$' ;<&$;OK#;'MS$82dQ'
U8T;#"8.#K%'M$'TNK"'$%'"#9$%.' ] 6Z.;8".#K%'M$'&8TN$
] @.#N#&8.#K%'M$&'=;K=K;.#K%&'#%M#12<$&'R
/N'$Z=N#"#.$'N$&'=;K=K;.#K%&'V'2.#N#&$;'=K2;'N$' >'&8"'M$'"#9$%.'
9<N8%L$'' h'T;K2$..$&'M$'&8TN$'
>GG'N#.;$&''MS$82'
'''E .-/'\'/"2)*")2F0/A"2"
(<NJSMI8)KN)TVP7QMS<R7SMI8) #7TSMPMQ7SMI8)KNJ)VR[ZNJ)`)R7)QTIK<PSMI8)KN)R7)
Ja8S_[JN)
C<";#;$'.K2.$&'N$&'<.8=$&'M$'U8T;#"8.#K%'M$&' ] B"12#&#.#K%'M$&'98.<;#82Z
TNK"&'$%'"#9$%.' ] a<8N#&8.#K%'M$'9<N8%L$
] DT.$%.#K%'M2'9K;.#$;
] e8T;#"8.#K%'M$&'TNK"&
] 6Z=K&#.#K%'82'&KN$#N'$.'6%.;$=K&8L$+
'\E "\.&$./',0
?E \VTMWMP7SMI8)KNJ)7PX<MJ ?E!VQI8JNJ)7<Y)X<NJSMI8J)]MSNLJ^+
b2$NN$&'&K%.'N$&'M#UU<;$%.$&'<.8=$&'M$' B=;:&'8"12#&#.#K%'M$&'98.<;#82Z'N8'U8T;#"8.#K%'M$&
U8T;#"8.#K%'M$'TNK"&'$%'"#9$%.'c' TNK"&'$%'"#9$%.'%<"$&&#.$'2%'9<N8%L$'M$'"#9$%.,
&8TN$'$.'$82'$%'M$&'=;K=K;.#K%&';$12#&$&
P>&8"'M$'"#9$%.3h'TK2$..$&'M$'&8TN$3>GG'N#.;$&'
C8%&'12$NN$'=;K=K;.#K%'U8#.]K%'N$'9<N8%L$,'' MS$82Q'OK#;'N$&'#%M#"8.#K%&'&2;'N$&'&8"&'M$'"#9$%.'
"#9$%.,'&8TN$,'$82'=K2;'KT.$%#;'N$'9K;.#$;'M$' =;KM2#.&'=8;'0/5AD'
TK%%$'128N#.<'c'
=E 2MS<7SMI8)JMLMR7MTN =E/T7MSNLN8S)KN)R7)JMS<7SMI8
7$&'=;g.;$&'O$2N$%.'"K%&.;2#;$'2%';<U$".K#;$+) 7S<N:O$'M<";#.'N$&'98.<;#82Z'$.'N$&'<.8=$&'M$
0K99$%.'OK%.]#N&''=;K"<M$;'=K2;'U8T;#12$;' U8T;#"8.#K%'M$&'TNK"&'$%'"#9$%.+
N$&'TNK"&'$%'"#9$%.'c'
-!'/"!"2)*3"\.&$./',0)
'SNLJ)O) )/T7MSNLN8S)KN)R7)JMS<7SMI8)))JMLMR7MTN)
8Q a<=K%&$&'"K;;$".$&'R'>3> 8Q ($;.#%$%"$'R'>3>
TQ a<=K%&$&'"K;;$".$&'R'>3> TQ !.;2".2;$''''R'I3I
"Q a<&2N.8.''''''R'I3I
5'-A")*3"B#&,'/./',0)*"))+./!'-")0H)>d)
2I<JC*IL7M8N)O)!"#$%"$&'()*&#12$&,' "S76RMJJNLN8S'R'7*"<$'-KTK%L#&8'
-$")%KNKL#$'$.'-/0) "8JNM;878S'R'A8&K%LK'
*MJPMQRM8N)O)-$")%KNKL#$''' *7SN)O'
/MSTN'R'0)K#Z'M2'.$;;8#%' -R7JJN'R'H:9$'M$'NS6J'''''''
-IKN)R'5->+F) !VWVTN8PN)QTI;T7LLN)K<)*.2);<MKN)N8)7QQ<M)
7<Y)QTI;T7LLNJ)D)#,22,n4)'
+7SVTMNR)KMK7PSMX<N'R'f#&#.$'M$&'12$N12$&'.$;;8#%&)
-ILQVSN8PN'
$.' M$' 98%#:;$' 8""$=.8TN$' M$&' &#.28.#K%&' U8#&8%.' 8==$N' V' M$&' &8OK#;&' $&&$%.#$N&' M$' N8'
"8.<LK;#$'W'58#&K%'X+)
85
.4(
7$'=:;$'M$'NS<N:O$'C#$%LK,'M$'N8'H:9$'8%%<$'M$'NS6J'M<"#M$'MS8"12<;#;'2%'.$;;8#%'=K2;'"K%&.;2#;$'
2%$'98#&K%+'(K2;'"$N8'#N'8'"#TN<'N$'&#.$'M8%&'N$12$N'&$'.;K2O$'NS<"KN$'M8%&'N8'"K992%$'M$'5K%.]
?L8U2N8'K~'<.2M#$'&8'U#NN$'C•6?ED'/N'"K%&2N.$'NS6%&$#L%8%.'M$'-$")%KNKL#$'M$'&8'U#NN$'=K2;'NS8#M$;'
V';<8N#&$;'2%'TK%'")K#Z'M2'.$;;8#%+'0$..$'=;<K""2=8.#K%'MK%%$'NSK""8&#K%'V'NS$%&$#L%8%.'MS89$%$;'
&$&'<N:O$&'$%'"N8&&$'=;K9$%8M$'=K2;'K=<;$;'2%'")K#Z'[2M#"#$2Z'M2'.$;;8#%+'0K99$%.'N$&'<N:O$&'
MK#O$%.]#N&' =;K"<M$;' =K2;' 12$' N$' =:;$' M$' NS<N:O$' C•6?ED' ")K#&#&&$' N8' =8;"$NN$' M$' .$;;8#%' 12#'
"K;;$&=K%M$'N$'9#$2Z'V'&$&'T$&K#%&'c)
'E .-/'\'/"2)'0'/'.&"2
\VTMWMP7SMI8)KNJ)PI887MJJ78PNJ) ?E!VQI8JNJ)7<Y)X<NJSMI8J
QTVPVKN8SNJ)O) C "#9$%.,'&8TN$,'$82,'TNK"&'$%'"#9$%.,'T;#12$&
7S$%&$#L%8%.'M$98%M$'82Z'<N:O$&'R' "2#.$&
] MS<%29<;$;'12$N12$&'98.<;#82Z'=K2;
N8'"K%&.;2".#K%'MS2%$'98#&K%+ C =N8"$9$%.'&2;'2%$'U$2#NN$'M$'=8=#$;'M2'=N8%'M$
] (;<&$%.$;'M$2Z'=N8%&'P2%'=N8%'M$'N8 N8'98#&K%'&2;'2%'.$;;8#%
98#&K%'$.'2%'=N8%'M2'.$;;8#%Q
($2.]K%'"K%&.;2#;$'=8;.K2.'c /N'U82.'U8#;$'2%'TK%'")K#Z'M2'.$;;8#%+
''E .-/'\'/"2)#!'0-'#.&"2
!VQ7TSMT)RNJ)VR[ZNJ)N8)JI<JC;TI<QN)NS)
RN<T)KNL78KNT)))KN)QTIJQNPSNT)RN)JMSN4)KN) 7$&'<N:O$&'$UU$".2$%.'N$&'8".#K%&'&2#O8%.$&'R'
W7MTN)RN)P_IMY)K<)SNTT7M84)NS)KN)QTVPMJNT) C =;K&=$".#K%,'PO#&#.$,'<.2M$Q'M2'.$;;8#%+
RNJ)PTMS[TNJ)K3<8)6I8)SNTT7M8) C 6.2M$'M$'U8#&8T#N#.<'M$'NSK2O;8L$+
C !<N$".#K%'MS2%'.$;;8#%'=8;9#'.8%.'MS82.;$&+
'''E .-/'\'/"2)*")2F0/A"2"
Ja8S_[JN)
b2$NN$&'&K%.'M$&'M#UU<;$%.&'";#.:;$&' C 78'=;K&=$".#K%'M2'&#.$'=8;'N$&'<N:O$&
#%.$;O$%8%.'M8%&'N$'")K#Z'M2'.$;;8#%'c' C /N&'O#&#.$%.'")812$'.$;;8#%'=;K=K&<
C /N&'<.2M#$%.'N8'U8#&8T#N#.<'M$'NSK2O;8L$'$.'N8
&.8T#N#.<'M2'&KN+
C D%'M<.$;9#%$'N8'UK;9$'L<K9<.;#12$'M2'.$;;8#%
C<.$;9#%$;'N$&'M#UU<;$%.$&'UK;9$&'M2'.$;;8#%' &K2)8#.<'$%'9$&2;8%.'.K2&'N$&'"{.<&'M2'.$;;8#%
P;$=:;$&Q
C 7$&'<N:O$&'"8N"2N$%.'NS8#;$'M2'.$;;8#%
'\E "\.&$./',0
?E \VTMWMP7SMI8)KNJ)7PX<MJ ?E !VQI8JNJ)7<Y)X<NJSMI8J
b2$NN$&'&K%.'N$&'8".#K%&'V'9$%$;'=K2; 78'=;K&=$".#K%'M$'&#.$,'O<;#U#"8.#K%'M$'N8'128N#.<'M2
K=<;$;'2%'TK%'")K#Z'MS2%'.$;;8#%'c &KN'$.'N$'")K#Z'=;K=;$9$%.'M#.+
0K99$%.'"8N"2N$;'N8'&2=$;U#"#$'M2'.$;;8#%'c' D%'8==N#12$'N8'UK;92N$'8==;K=;#<$'=K2;'")812$'
UK;9$'M2'.$;;8#%+'
=E 2MS<7SMI8)JMLMR7MTN
7S<"KN$'O$2.'"K%&.;2#;$'2%$'U$;9$'&"KN8#;$+ =E /T7MSNLN8S)K3<8N)JMS<7SMI8)JMLMR7MTN
0K99$%.'O8].]$NN$'&S*'=;$%M;$'c a$9=N#;'N$&'";#.:;$&'=K2;'K=<;$;'2%'TK%'")K#Z'M2
.$;;8#%+'POK#;'N$'.8TN$82'M$'&=<"#U#"8.#K%Q
86
.5(
-!'/"!"2)*3"\.&$./',0)
'SNLJ)O) )/T7MSNLN8S)KN)JMS<7SMI8)JMLMR7MTN'R'
8Q a<=K%&$&'"K;;$".$&'R'>'3> 8Q ($;.#%$%"$'R'>3>
TQ a<=K%&$&'"K;;$".$&'R'>3> TQ !.;2".2;$''''R'I3I
"Q a<&2N.8.''''''R'I3I
5'-A")*3"B#&,'/./',0)*")+./!'-")0H)>e)
2I<JC*IL7M8N)O)!"#$%"$&'()*&#12$&,' "S76RMJJNLN8S)O)'8JS)oIR7)
-$")%KNKL#$'$.'-/0)' "8JNM;878S) )O)5<8K7)
*MJPMQRM8N) O)-$")%KNKL#$) ) *7SN) ) )))))))))))O)'
-R7JJN) )))))))))))O)H:9$'8%%<$'6J'
/MSTN) ) O)6N8TK;8.#K%'M2'=N8%'
!VWVTN8PN) O) 58%2$N' .$")%KNKL#$,' (;KL;899$&'
-IKN)) ) O)5->+h) M2'CB!'L2#M$'$%'8==2#'82Z'=;KL;899$&'''''''
+7SVTMNRJ) KMK7PSMX<NJ)R' EK99$,' ;:LN$,' =8=#$;'
9#NN#9<.;<' K2' =8=#$;' "8N12$,' ;8==K;.$2;,' <12$;;$,'
"K9=8&,'=K;.$]9#%$'$.'=N29$&+'
EK99$,';:LN$,'=8=#$;'9#NN#9<.;<'K2'=8=#$;'"8N12$,'
;8==K;.$2;,' <12$;;$,' "K9=8&,' =K;.$]9#%$' $.'
=N29$&+'
-ILQVSN8PN)
&2"":&' $.' M$' 98%#:;$' 8""$=.8TN$' M$&' &#.28.#K%&' U8#&8%.' 8==$N' V' M$&' &8OK#;&' $&&$%.#$N&' M$' N8'
"8.<LK;#$'W'58#&K%'X+')
"YNLQRN)KN)JMS<7SMI8)'
7$'=:;$'?CD?EB7B,'#%&8.#&U8#.'M$&'"K%M#.#K%&'M$'NKL$9$%.'M$'&8'U89#NN$,'O$2.'Tx.#;'2%$'98#&K%'
M<"$%.$+'/N'=8;N$'M$'"$'=;K[$.'V'&$&'M$2Z'U#N&'-B?C@'$.'7B?C@,'<N:O$&'$%'H:9$'8%%<$'M$'NS6J'V'
NS#%&.#.2.'AKN8,'"8;'#N'%$'&8#.'=8;'K~'"K99$%"$;'$.'"K9T#$%'"$N8'"Ky.$;8#.+''/%.$;;KL<'NS$%&$#L%8%.'
M$'.$")%KNKL#$'N$2;'$Z=N#12$'12S#N'U82.'MS8TK;M'<N8TK;$;'2%'=N8%+'
6%'"N8&&$'NS$%&$#L%8%.'M$98%M$'V'&$&'<N:O$&'MS#M$%.#U#$;'N$&'<N<9$%.&'%<"$&&8#;$&'=K2;'
NS<N8TK;8.#K%'MS2%'=N8%'M$'"K%&.;2".#K%'MS2%$'98#&K%'$.'MS$%'.;8"$;'2%'=K2;'N$'=:;$'?CD?EB7B+)
.-/'\'/"2)*")&3"02"'10.0/) .-/'\'/"2)*")&3"&"\")
'E .-/'\'/"2)'0'/'.&"2
$" %&'()(*+,(-.#/01#*-..+(11+.*01 $" :&2-.101#+8;#<801,(-.1
b2$N&'&K%.'N$&'";#.:;$&'V'=;$%M;$'$%'"K9=.$
=K2;'NS8"12#&#.#K%'MS2%'.$;;8#%'c ] N8'128N#.<'M2'&KN,'N$';$N#$U'M2'.$;;8#%,'&K%
b2$NN$&'&K%.'N$&'"KK;MK%%<$&'M2'.$;;8#%'12S#N 8""$&&#T#N#.<,'NS$82,'NS<N$".;#"#.<,'$."+
U82.'"K%%8o.;$'c
!" 4-,(5+,(-.#67&*-850',09 ] !2=$;U#"#$
(;<&$%.$;'N8'&#.28.#K%'V'N8'"N8&&$,'U8#;$'N#;$ !" P-J2'&G0.1(-.#/0#?+#1(,8+,(-.
&#N$%"#$2&$9$%.,'=2#&'V')82.$'OK#Z'=8;'2%'K2
M$2Z'<N:O$&+ ] 7$".2;$'&#N$%"#$2&$'=2#&'V')82.$'OK#Z'=8;'2%'K2
b2$'U8#.'NS8;")#.$".$'8O8%.'M$'"K%&.;2#;$ M$2Z'<N:O$&
98#&K%'c ] /N'<N8TK;$'N$'=N8%
''E .-/'\'/"2)#!'0-'#.&"2
='>+.(1+,(-.#/0#?+#*?+110# @*,(5(,&1#18'#?0#,+A?0+8#/0#12&*()(*+,(-.''''''''''''''''''''''''''''''''''
a<=8;.#;'N$&'<N:O$&''$%''&K2&']L;K2=$&,'$.'N$2;' • 0)K#Z'M$&'#%&.;29$%.&'8==;K=;#<&'=K2;
M$98%M$;'M$'.$%#;'N$2;&'#%&.;29$%.&'M$' .;8"$;'N$'=N8%
"K%&.;2".#K%&'L<K9<.;#12$&,'=;<"#&$;''N$&' • 0K%%8#&&8%"$'M$&'M#9$%&#K%&
M#9$%&#K%&'&K2)8#.<$&'M$'N8'98#&K%,' &K2)8#.<$&
M<.$;9#%$;'N$'%K9T;$'M$'=#:"$&,'N$2;&'
• 08N"2N'M$'NS<")$NN$'\
87
.-(
M#9$%&#K%&'$.'N$2;&'UK%".#K%&+' • C<.$;9#%8.#K%'M$&'%K9T;$&'M$'=#:"$&,
N$2;&'UK%".#K%&'$.'N$2;&'M#9$%&#K%&'\
• -;8Y8L$'M2'=N8%'$.'.K2.'N$'=;KU#N'M$'N8
98#&K%'&2#O8%.'2%'9KM:N$'")K#&#'82
=;<8N8TN$'\
• (;<O#&#K%'MS8<;8.#K%'M$'N8'98#&K%'\
• D;#$%.8.#K%'M$'N8'98#&K%'M$'U8YK%'V
08N"2N$;'NS<")$NN$'M$';<M2".#K%'MS2%$'98#&K%' <O#.$;'N$&'#%.$9=<;#$&'\'
&2;'N$'=N8%'V'NS8#M$'M$'N8'UK;92N$'R' • 6.8TN#;'N$'=N8%'"8M8&.;8N+
-&
;<=>?@<A?'BCDE<F>'@EB''G>'HGI? 08N"2N'M$'NS<")$NN$'
9: '
;<=>?@<A?'BC>GG>'D>'GI'=I<@A?
'''P>'9'"K;;$&=K%M''V''>'"9'&2;'N$'=N8%Q' K'L= K
9J : :' '
KMML= KMM
'''E 2F0/A"2"
###B801,(-.1#/0#'&*+2(,8?+,(-.# C+',(*(2+,(-.#/01#&?D501#E#?+#2'-/8*,(-.#/0#
- b2$N&'#%&.;29$%.&'8NN$_]OK2&'2.#N#&$; 1F.,GD10#
=K2;'<N8TK;$;'N$'=N8%'M$'N8'98#&K%'c ] 7$&'#%&.;29$%.&'2.#N#&<&'=K2;'NS<N8TK;8.#K%
M2'=N8%'MS2%$'98#&K%'&K%.'R'N$&'=8=#$;&'
9#NN#9<.;<&'$.'"8N12$&,'N8';:LN$,'N8'LK99$,'M$&'
- C$'12$NN$&'MK%%<$&'8O$_]OK2&'T$&K#% 9#%$&,'M$&'<12$;;$&,'M$&';8==K;.$2;&,'$."+'
=K2;'.;8"$;'N$'=N8%'MS2%$'98#&K%c ] 0K%%8#&&8%"$'M$&'M#9$%&#K%&'&K2)8#.<$&
-& M$'N8'98#&K%
-& - "8N"2N'M$'NS<")$NN$
- M<.$;9#%8.#K%'M$&'%K9T;$&'M$&'=#:"$&,
N$2;&'M#9$%&#K%&,'N$2;&'UK%".#K%&'$.'N$2;&
- b2$NN$'$&.'N8'UK;92N$'=K2;'"8N"2N$; K;#$%.8.#K%&
NS<")$NN$'MS2%$'98#&K%'c 7S<")$NN$'MS2%$'98#&K%'&$'"8N"2N$'M$'N8'98%#:;$'
&2#O8%.$'R'
-&
;<=>?@<A?'BCDE<F>'@EB''G>'HGI?
9: '
;<=>?@<A?'BC>GG>'D>'GI'=I<@A?
0E%'R'>'"9'&2;'N$'=N8%'"K;;$&=K%M'V'>'9'&2;
''N$'''.$;;8#%+'
'''E "\.&$./',0
?E\VTMWMP7SMI8)KNJ)7PX<MJ ?E !VQI8JNJ)7<Y)X<NJSMI8J
>+ C$'12K#'8O$_]OK2&'T$&K#%'=K2; >+ ;:LN$&,''LK99$&,'9#%$&,'<12$;;$&,
M$&&#%$;'N$'=N8%'M$'N8'98#&K%'c ;8==K;.$2;&,'=8=#$;&'9#NN#9<.;<&'$.'"8N12$&d
I+ 0K99$%.'8NN$_]OK2&'=K;.$;'N$& I+ 6%'&$'&$;O8%.'M2'"8N"2N'M$'NS<")$NN$
9$&2;$&';<$NN$&'M$'N8'98#&K%'&2; F+ 78'U8Y8M$'MK#.'g.;$'.K2;%<$'O$;&'N$'&2M
=8=#$;'c
F+ 0K99$%.'K;#$%.$_]OK2&'$.
=K&#.#K%%$_]OK2&'N8'U8Y8M$'c
=E 2MS<7SMI8))JMLMR7MTN =E /T7MSNLN8S)KN)R7)JMS<7SMI8
6N8TK;$;'N$'=N8%'MS2%$'&8NN$'M$'"N8&&$'M$'jZk 7$&'<N:O$&'<N8TK;$%.'N$'=N8%'M$'N8'&8NN$'M$'"N8&&$
9+ $%';$&=$".8%.'NS<")$NN$'&2;'=8=#$;+
-!'/"!"2)*3"\.&$./',0)
8Q a<=K%&$&'"K;;$".$&'R'>3> 8Q ($;.#%$%"$'R''''I3I
TQ a<=K%&$&'"K;;$".$&'R'>3> TQ !.;2".2;$'''R''''I3I
"Q a<=K%&$&'"K;;$".$&'R'>3> "Q a<&2N.8.'''''R''''F3F
88
..(
5'-A")*3"B#&,'/./',0)*")+./!'-")0H)g)
2I<JCKIL7M8NR'!"#$%"$&'()*&#12$&,' "S76RMJJNLN8S'R'/+'C/6?E6?EB'''''''
-$")%KNKL#$'$.'-/0) "8JNM;878S''''R'''7@5@
*MJPMQRM8N' R'-$")%KNKL#$) *7SN)O'''''
/MSTN) )O)'LQR78SMI8)K<)QR78))))))-IKN -R7JJN' RH:9$'8%%<$'6J'
R'5-+>+i+) !VWVTN8PN''(;KL;899$'M2'CB!'L2#M$'$%'8==2#'
82Z'=;KL;899$&'•+(D!!D|,'-$")%KNKL#$)>:;$'
+7SVTMNR)KMK7PSMX<N)O'0)8o%$'MS8;=$%.$2;,'''''''
;K2N$82'M$'U#N,'98")$..$,')K2$,'Tg")$,'
=#12$.&'$%'TK#&,'$.'2%'=N8%'M$'N8'98#&K%+'
-ILQVSN8PN)
&2"":&' $.' M$' 98%#:;$' 8""$=.8TN$' M$&' &#.28.#K%&' U8#&8%.' 8==$N' V' M$&' &8OK#;&' $&&$%.#$N&' M$' N8'
"8.<LK;#$'W'58#&K%'X''
5K%&#$2;' ?qK*K' &S$&.' =;K"2;<' 2%' .$;;8#%' $%' O2$' M$' &$' "K%&.;2#;$' 2%$' 98#&K%+' /N' 8' U8#.' <.8TN#;' N$'
=N8%'M$'"K%&.;2".#K%+'0$'=N8%'M$'N8'98#&K%'=;<OK#.'2%$'&8NN$'M$'&<[K2;'P&8NK%Q,'2%$'"2#&#%$,'2%$'
O<;8%M8,'.;K#&'")89T;$&'V'"K2")$;'$.'2%$'&8NN$'M$'T8#%'M$&&$;O#&'=8;'2%'"K2NK#;+'?$'"K9=;$%8%.'
=8&' "K99$%.' .;8%&=K&$;' N$' =N8%' .;8"<' &2;' N$' =8=#$;' &2;' &K%' .$;;8#%' #N' &KNN#"#.$' ' N$&' N29#:;$&' M$'
NS$%&$#L%8%.'M$'-$")%KNKL#$'12#'$&.'&K%''OK#&#%+'0$'M$;%#$;'UK;9$'2%$'<12#=$'M$'.;8O8#N'8O$"'&$&'
<N:O$&'8""K9=8L%<&'MS2%'8;")#.$".$'12#'N$2;'$Z=N#12$'N$&'M#UU<;$%.$&'<.8=$&'M$'NS#9=N8%.8.#K%'M2'
=N8%'$.'N$2;'M$98%M$'M$'NS$UU$".2$;'$2Z]9g9$&+)
'E .-/'\'/"2)'0'/'.&"2
8Q \VTMWMP7SMI8'KNJ)PI887MJJ78PNJ'R 8Q+!VQI8JNJ)KNJ)VR[ZNJ'
>+ 0)K#Z'M2'.$;;8#%
>+ b2$NN$&'&K%.'N$&'<.8=$&'%<"$&&8#;$& I+ 6N8TK;8.#K%'M2'=N8%
=K2; F+ e8T;#"8.#K%'M$&'TNK"&'$%'"#9$%.&+
"K%&.;2#;$'2%$'98#&K%'M2;8TN$'c
6^ +ISMZ7SMI8)O)]*VPI<ZNTSN^ !" P-J2'&G0.1(-.#/0#?+#1(,8+,(-.

b2$'U82.]#N'U8#;$'8=;:&'NS<N8TK;8.#K%'M2 (;K"<M$;'V'NS#9=N8%.8.#K%'M2'=N8%+
=N8%'c
''E .-/'\'/"2)#!'0-'#.&"2
,T;78MJ7SMI8)KN)R7)PR7JJN)NS)PI8JM;8NE) .PSMZMSVJ)J<T)RN)S76RN7<)KN)JQVPMWMP7SMI8)
a<=8;.#;'N$&'<N:O$&'$%'&K2&]L;K2=$'M8%&'2%$' >+ "K9=8;8#&K%'M2'=N8%'$.'M2'.$;;8#%'\
"N8&&$'=;K9$%8M$'N$2;'M$98%M$;'MS$Z$;"$;' I+ "8N"2N'M$'NS<")$NN$'\
N$&'8".#K%&'&2""$&&#O$&'N$2;'=;<&$%.$;''2%' F+ ;$L;K2=$9$%.'M$&'K2.#N&'M$'.;8O8#N'=K2;
.$;;8#%'$.'N$2;'M$98%M$;'MS#9=N8%.$;'N$'=N8%' .;8"$;'N$'=N8%'M$'N8'98#&K%'&2;'N$'.$;;8#%'\
MS2%$'98#&K%+''''' h+ ;$=<;8L$'M$&'N#9#.$&'M$'N8'98#&K%'\
i+ #9=N8%.8.#K%'M2'=N8%+
'''E .-/'\'/"2)*")2F0/A"2"
Ja8S_[JN)
>+ b2$NN$&'&K%.'N$&'<.8=$&'V'&2#O;$'=K2; 7S#9=N8%.8.#K%'MS2%'=N8%'MS2%$'98#&K%'KT<#.'82Z'
;<8N#&$;'NS#9=N8%.8.#K%'M2'=N8%'MS2%$ M#UU<;$%.$&'<.8=$&'&2#O8%.$&'R'
98#&K%'c • 6N8TK;8.#K%'MS2%'=N8%
• B"12#&#.#K%'M2'98.<;#$N'%<"$&&8#;$'V
NS8".#O#.<''M$'.;8Y8L$'M2'=N8%'M$'N8
98#&K%'$%'.$%8%.'"K9=.$'M$'NS<")$NN$'R
P")8#%$'MS8;=$%.$2;,';K2N$82'M$'U#N,
98")$..$,')K2$,'Tg")$dQ
I+ /M$%.#U#$;'N$&'M#UU<;$%.&'98.<;#$N&'2.#N$&
=K2;';<8N#&$;'2%$'#9=N8%.8.#K%'M2'=N8%+ • 08N"2N'M$&'M#9$%&#K%&';<$NN$&'M$'N8
98#&K%'=8;';8==K;.'82'=N8%'M2'.$;;8#%
89
./(
• DT.$%.#K%'M$'NS82.K;#&8.#K%'M$'Tx.#;+
7$'98.<;#$N'$&.'R'2%$'")8o%$'MS8;=$%.$2;,'2%'
;K2N$82'M$'U#N,'2%$'98")$..$,'2%$')K2$,2%$'
Tg")$,'M$&'=#12$.&'$%'TK#&+'''''
'\E "\.&$./',0
?E \VTMWMP7SMI8)KNJ)7PX<MJ ?E !VQI8JNJ)7<Y)X<NJSMI8J)]MSNLJ^
8Q0K9=8;$;'N$'=N8%'MS2%$''98#&K%'$.'"$N2#'M2 8Q 7$'=N8%'MS2%$'98#&K%'$&.'=$.#.'=8;';8==K;.'82Z
.$;;8#% M#9$%&#K%&'M2'.$;;8#%+
TQ 6%'.$%8%.'"K9=.$'M$&'M#9$%&#K%&'M$'N8
TQ 0K99$%.'$UU$".2$;'N$'M#9$%&#K%%$9$%.''V 98#&K%'=8;';8==K;.'82Z'M#9$%&#K%&'M2'.$;;8#%
NS<")$NN$'M$&'NK%L2$2;&'$.'M$&'8#;$&'c =E /T7MSNLN8S)K3<8N)JMS<7SMI8)JMLMR7MTN
/N'U82M;8'R
=E 2MS<7SMI8)JMLMR7MTN C ;$9TN8*$;'N$'.$;;8#%
(8=8'A8&K%LK'O$2.'"K%&.;2#;$'2%$'98#&K% C 8[2&.$;'N$'=N8%'M2'.$;;8#%
&2;'2%'.$;;8#%'$%''=$%.$+'7$'=N8%'<.8%. C &2#O;$'N$&'<.8=$&'M$'NS#9=N8%.8.#K%'M2'=N8%
<N8TK;<,'"K99$%.'=K2O$_]OK2&'NS8#M$;'V C &KNN#"#.$;'N8'=;<&$%"$'MS2%'8;")#.$".$
#9=N8%.$;'N$'=N8%'&2;'.$;;8#%'c
-!'/"!"2)*3"\.&$./',0)
?E 'SNLJ)O =E /T7MSNLN8S)KN)R7)JMS<7SMI8)JMLMR7MTN)O
>Q a<=K%&$&'"K;;$".$'R'>3> 8Q'($;.#%$%"$''R'I3I
IQ a<=K%&$&'"K;;$".$'R''I3I TQ'!.;2".2;$''''R'I3I
"Q a<&2N.8.''''''R'F3F
5'-A")*3"B#&,'/./',0)*")+./!'-")0H)>h)
2I<JCKIL7M8NR'!"#$%"$&'()*&#12$&,' "S76RMJJNLN8S'R'/%&.+'?EpB?|B'''''''
-$")%KNKL#$'$.'-/0' "8JNM;878S'''''R'''A#N2T2q8'6998
*MJPMQRM8N' R'-$")%KNKL#$' *7SN)))))))))))))))))O')
/MSTN' ' R'58YK%%$;#$' -R7JJN' 'R'H:9$'M$'NS6J'
-IKN' ' R'5-+>+j+) !VWVTN8PN'''(;KL;899$'M2'CB!'L2#M$'$%'8==2#'
82Z'=;KL;899$&'n$TKL;8=)#$$>:;$''
+7SVTMNRJ)KMK7PSMX<NJ
612$;;$,'U#N'V'=NK9T,'%#O$82,'.;2$NN$,'''''''
J;K2$..$,'Tg")$d'''''''
-ILQVSN8PN'
B=;:&' 8OK#;' ;<8N#&<' NS$%&$9TN$' M$&' 8".#O#.<&' =;K=K&<$&,' NS<N:O$' &$;8' ' "8=8TN$' M$' ' .;8#.$;' 8O$"'
&2"":&' $.' M$' 98%#:;$' 8""$=.8TN$' M$&' &#.28.#K%&' U8#&8%.' 8==$N' V' M$&' &8OK#;&' $&&$%.#$N&' M$' N8'
"8.<LK;#$'W'98#&K%'X+)
(8=8'p$.&)#'.#$%.'V'"K%&.;2#;$'&8'98#&K%'$.'=K2;&2#.'N$&'M<98;")$&'=K2;'*'8TK2.#;+'/N'8'898&&<'
=#$;;$&,'T;#12$&,'&8"&'M$'"#9$%.,'$."+'/N'$&.'$%'=K&&$&&#K%'M2'=N8%'M$'N8'98#&K%,'98#&'#N'%$''&8#.'
12$' U8#;$' 8O$"' "$&' 98.<;#82Z+' /N' U8#.' M$' %K2O$82' 8==$N' V' NS$%&$#L%8%.' M$' .$")%KNKL#$' M$' &$&'
$%U8%.&' 7D5B,' ?AB!B,' <N:O$&' V' NS#%&.#.2.' ?qK*#' V' AKN$,' $%' H9;$' ' 8%%<$' M$' NS6J' =K2;' 8OK#;'
MS82.;$&' "K%&$#N&+' 7S$%&$#L%8%.' N2#' M#.' 12S#N' U82.' 2%' TK%' 98YK%' =K2;' "K99$%"$;' N8' 98YK%%$;#$+'
7S$%&$#L%8%.'M$98%M$'$%U#%'V'&$&'<N:O$&'MS#M$%.#U#$;'N$&'<N<9$%.&'%<"$&&8#;$&'=K2;'"K99$%"$;'
N8'98YK%%$;#$+)
90
/1(
'E .-/'\'/"2)'0'/'.&"2
>+ \VTMWMP7SMI8)KNJ)PI887MJJ78PNJ >+ !VQI8JNJ)KNJ)VR[ZNJ
6.8TN#&&$_'N8'M#UU<;$%"$'$%.;$'N$'=N8%'MS2%$ 7$'=N8%'MS2%$'98#&K%'$&.'=$.#.'=8;';8==K;.'82Z
98#&K%'$.'"$N2#'MS2%'.$;;8#%'c M#9$%&#K%&'M2'.$;;8#%+
=E +ISMZ7SMI8)O)]*VPI<ZNTSN^ !" P-J2'&G0.1(-.#/0#?+#1(,8+,(-.
b2$'U82.'u'#N'U8#;$'8=;:&'NS#9=N8%.8.#K%'M2'=N8% /N'U82.'R
MS2%$'98#&K%c - .;K2O$;'2%'98YK%
b2$'U8#.'NS#%L<%#$2;'8=;:&'NS#9=N8%.8.#K%'M2 - #M$%.#U#$;'N$'98.<;#$N
=N8%'c - ;<2%#;'N$'98.<;#$N
/N'"K99$%"$'N8'98YK%%$;#$+'
''E .-/'\'/"2)#!'0-'#.&"2
a<=8;.#;'N$&'<N:O$&'$%'&K2&]L;K2=$'M8%&'2%' • /%O#.8.#K%'MS2%'98YK%
")8%.#$;'N$2;'M$98%M$;'M$'MK%%$;'N$&'<.8=$&' • #M$%.#U#"8.#K%'M$&'K2.#N&'R'<12$;;$,'U#N'V
=K2;'N8'"K%&.;2".#K%'MS2%$'98#&K%'8=;:&' =NK9T,'.;2$NN$,'%#O$82,'Tg")$,'$."+
NS#9=N8%.8.#K%'M$'&K%'=N8%'$.'MS#M$%.#U#$;'N$&' • =;<"#&#K%'M$'N8'UK%".#K%'M$'"$&'K2.#N&'R
M#UU<;$%.&'K2.#N&'2.#N#&<&'=K2;'N8'98YK%%$;#$'$.'
" 612$;;$'R'=K2;'M<.$;9#%$;'N$&'8%LN$&'\
N$2;'UK%".#K%+'
" e#N'V'=NK9T'R'=K2;'.;8"$;'M$&'"K.<&
" -;2$NN$'R'=K2;'<.$%M;$'N$'9K;.#$;'$%.;$'N$&
[K#%.&'$.'U8#;$'N$&'$%M2#.&'M$'=Nx.;$&
P";<=#&&8L$Q
" ?#O$82'R'=K2;'8[2&.$;'N$&'M#UU<;$%.&
%#O$82Z
" Jg")$&'R'=K2;'";$2&$;'N$'&KN'$.'8OK#;'N$
&8TN$
• C<.$;9#%8.#K%'M$'N8'=;K=K;.#K%'P"#9$%.
&8TN$'$.'$82Q\
• 5<N8%L$'"#9$%.,'&8TN$'$.'$82'=K2;
KT.$%#;'2%'9K;.#$;
'''E .-/'\'/"2)*")2F0/A"2"
Ja8S_[JN)
>+ /M$%.#U#$;'N$&'M#UU<;$%.&'K2.#N&'M$'.;8O8#N'MS2% >+ 7$&'M#UU<;$%.&'K2.#N&'MS2%'98YK%'&K%.'R
98YK% 612$;;$,'U#N'V'=NK9T,'.;2$NN$,'%#O$82,'Tg")$+
I+ C#;$'V'12K#'&$;.'")8"2%'M$'&$&'K2.#N&+ I+ fK#"#'V'12K#'#N&'&$;O$%.'R
" 612$;;$'R'=K2;'M<.$;9#%$;'N$&'8%LN$&'\
" e#N'V'=NK9T'R'=K2;'.;8"$;'M$&'"K.<&
" -;2$NN$'R'=K2;'<.$%M;$'N$'9K;.#$;'$%.;$'N$&
[K#%.&'$.'U8#;$'N$&'$%M2#.&'M$'=Nx.;$&
P";<=#&&8L$Q
" ?#O$82'R'=K2;'8[2&.$;'N$&'M#UU<;$%.&
%#O$82Z
" Jg")$&'R'=K2;'";$2&$;'N$'&KN'$.'8OK#;'N$
&8TN$
'\E "\.&$./',0
?E \VTMWMP7SMI8)KNJ)7PX<MJ ?E !VQI8JNJ)7<Y)X<NJSMI8J)]MSNLJ^+
8Q 0K99$%.'M<.$;9#%$;'N8'=;K=K;.#K%'M2 8Q(K2;'2%'&8"'M$'"#9$%.,'K%'2.#N#&$'>GG'N#.;$&
9<N8%L$'V'2.#N#&$;'=K2;'KT.$%#;'N$'9K;.#$; MS$82'=N2&'h'T;K2$..$&'M$'&8TN$+
M8%&'N8'98YK%%$;#$'c TQ 612$;;$,'U#N'V'=NK9T,'%#O$82,'Tg")$,'.;2$NN$
TQ /M$%.#U#$;'N$&'K2.#N&'M$'N8'98YK%%$;#$
91
/2(
7$'OK#&#%'M$'=8=8'p$.&)#'O$2.'M<[V'"K%&.;2#;$ - 6%;#")#;'NSK2.#NN8L$'M2'98YK%'$%'*'8[K2.8%.
&8'98#&K%,'98#&'NSK2.#NN8L$'M2'98YK%'%S$&. N$&'K2.#N&'98%128%.&'R'U#N'V'=NK9T,'%#O$82'$.
=8&'"K9=N$.+'/N'%$'"K%.#$%.'12S2%$'<12$;;$'$. Tg")$'\
2%$'.;2$NN$+'7$'OK#&#%'N2#'M$98%M$'"K99$%. - C<.$;9#%$;'N8'=;K=K;.#K%
U82.]#N'=;K"<M$;'c P"#9$%.'&8TN$'$.'$82Q\
- 5<N8%L$;'"#9$%.,'&8TN$'$.'$82'=K2;'KT.$%#;
2%'9K;.#$;'\
- 0K99$%"$;'N8'"K%&.;2".#K%+
-!'/"!"2)*3"\.&$./',0)
?E 'SNLJ)O =E /T7MSNLN8S)KN)R7)JMS<7SMI8)))JMLMR7MTN
a<=K%&$&'"K;;$".$&'R'>3> ($;.#%$%"$'R'>3>
a<=K%&$&'"K;;$".$&'R'>3> !.;2".2;$''''R'>3>
a<&2N.8.''''''R'>3>
5'-A")*3"B#&,'/./',0)*")+./!'-")0H)>@)
2I<JCKIL7M8NR'!"#$%"$&'()*&#12$&,' "S76RMJJNLN8S'R'/+'?EpB?|B'''''''
-$")%KNKL#$'$.'-/0' "8JNM;878S''''R'''A#N2T2q8'6998
*MJPMQRM8N' 'R'-$")%KNKL#$' *7SN)O'''''
/MSTN' 'R'58YK%%$;#$) -R7JJN' R'H:9$'M$'NS6J'
-IKN' 'R'5-+>+j) !VWVTN8PN'R'•+(D!!D|'(;KL;899$'M2'CB!'
L2#M$'$%'8==2#'82Z'=;KL;899$&,'-$")%KNKL#$)>:;$
+7SVTMNR)KMK7PSMX<N)O'612$;;$,'U#N'V'=NK9T,'
?#O$82,'"#9$%.,'&8TN$,'$82,'T;K2$..$'
$.'Tg")$)
-ILQVSN8PN'
B=;:&' 8OK#;' ;<8N#&<' NS$%&$9TN$' M$&' 8".#O#.<&' =;K=K&<$&,' NS<N:O$' &$;8' ' "8=8TN$' M$' ' .;8#.$;' 8O$"'
&2"":&' $.' M$' 98%#:;$' 8""$=.8TN$' M$&' &#.28.#K%&' U8#&8%.' 8==$N' V' M$&' &8OK#;&' $&&$%.#$N&' M$' N8'
"8.<LK;#$'W'98#&K%'X+)
(8=8'p$.&)#'.#$%.'V'"K%&.;2#;$'&8'98#&K%'$.'=K2;&2#.'N$&'M<98;")$&'=K2;'*'8TK2.#;+'/N'8'898&&<'
=#$;;$&,'T;#12$&,'&8"&'M$'"#9$%.,'$."+'/N'$&.'$%'=K&&$&&#K%'M2'=N8%'M$'N8'98#&K%,'98#&'#N'%$''&8#.'
12$' U8#;$' 8O$"' "$&' 98.<;#82Z+' /N' U8#.' M$' %K2O$82' 8==$N' V' NS$%&$#L%8%.' M$' .$")%KNKL#$' M$' &$&'
$%U8%.&' 7D5B,' ?AB!B,' <N:O$&' V' NS#%&.#.2.' ?qK*#' V' AKN$,' $%' H9;$' ' 8%%<$' M$' NS6J' =K2;' 8OK#;'
MS82.;$&' "K%&$#N&+' 7S$%&$#L%8%.' N2#' M#.' 12S#N' U82.' 2%' TK%' 98YK%' =K2;' "K99$%"$;' N8' 98YK%%$;#$+'
7S$%&$#L%8%.'M$98%M$'$%U#%'V'&$&'<N:O$&'MS#M$%.#U#$;'N$&'<N<9$%.&'%<"$&&8#;$&'=K2;'"K99$%"$;'
N8'98YK%%$;#$+)
'E .-/'\'/"2)'0'/'.&"2
>+ \VTMWMP7SMI8)KNJ)PI887MJJ78PNJ >+ !VQI8JNJ)KNJ)VR[ZNJ
/M$%.#U#$;'N$&'K2.#N&'M$'N8'98YK%%$;#$+ 612$;;$,'U#N'V'=NK9T,'.;2$NN$,'%#O$82,'Tg")$+
=E +ISMZ7SMI8)O)]*VPI<ZNTSN^ !" P-J2'&G0.1(-.#/0#?+#1(,8+,(-.

- b2$N'$&.'N$';{N$'M$'N8'.;2$NN$c
- 6.$%M;$'N$'9K;.#$;'$%.;$'N$&'[K#%.&'K2'U8#;$
- C8%&'12$NN$'8".#O#.<'.$")%#12$'N$ N$&'$%M2#.&'M$'=Nx.;$'P";<=#;Q+
%#O$82'V'T2NN$'MS8#;'$&.]#N'2.#N#&<'c
- /N'$&.'2.#N#&<'M8%&'N8'98YK%%$;#$
''E .-/'\'/"2)#!'0-'#.&"2
,T;78MJ7SMI8)KN)R7)PR7JJN)NS)PI8JM;8NJ) .PSMZMSVJ)J<T)RN)S76RN7<)KN)JQVPMWMP7SMI8O'
a<=8;.#;'N$&'<N:O$&'$%'&K2&]L;K2=$'M8%&''2%' • @.#N#&8.#K%'MS2%$'<12$;;$,'MS2%'U#N'V'=NK9T
92
/,(
")8%.#$;'N$2;'M$98%M$;'M$'9$%$;'N$&'8".#K%&' $.''MS2%'%#O$82'=K2;'M;$&&$;'N$'92;+'
&2""$&&#O$&';$N8.#O$&'V'NS<N<O8.#K%'M$&'92;&'N' • f<;#U#"8.#K%'M$'N8'128N#.<'M$&'TNK"&'\
• 0K%&.;2".#K%'M$&'92;&
'''E .-/'\'/"2)*")2F0/A"2"
>+ b2S$&.]'"$'12S#N'U82.'=K2;'12$'N$'92;'&K#. Ja8S_[JN)
&.8TN$'c >+ (K2;'12$'N$'92;'&K#.'&.8TN$,'#N'U82.'2%$'TK%%$
I+ 0K99$%.'MK#O$%.'g.;$'N$&'8%LN$&'M$'92; UK%M8.#K%'$.'2%'$9TK#.$9$%.'M$&'T;#12$&'12#'<O#.$
MS2%$'98#&K%'c N$&'[K#%.&'O$;.#"82Z'12#'&$'&2#O$%.+
I+ 7$&'8%LN$&'$%.;$'N$&'92;&'MS2%$'98#&K%
MK#O$%.'g.;$'M;K#.&+
'\E "\.&$./',0
?E \VTMWMP7SMI8)KNJ)7PX<MJ ?E !VQI8JNJ)7<Y)X<NJSMI8J)]MSNLJ^+
8Q B'12K#'$&.'M2$'N8'&.8T#N#.<'M$&'92;&'MS2%$ 8Q B'N8'TK%%$'UK%M8.#K%'$.'82';$&=$".'M$&
98#&K%c =;#%"#=$&'M$'N8'98YK%%$;#$
TQ 6%29<;$;'N$&'K2.#N&'M$'.;8O8#N'MS2%'98YK% TQ
612$;;$,'U#N'V'=NK9T,'.;2$NN$,'%#O$82'$.
Tg")$
7$'OK#&#%'M$'=8=8'p$.&)#';<U$".#K%%$'&$& ] 78'982O8#&$'128N#.<'M$&'T;#12$&
.K#N$..$&,'12#'=;<&$%.$%.'M$&'U#&&2;$&+ ] 7$'982O8#&'$9TK#.$9$%.'M$&'T;#12$&
C<"$N$_'N$&'"82&$&'M$'"$&'U#&&2;$&'$.'M#.$& /N'U82.'K=<;$;'2%'")K#Z''M$&'T;#12$&'M$'TK%%$
"K99$%.'*';$9<M#$;+ 128N#.<,'N$2;'TK%'$9TK#.$9$%.'$.'8&&2;$;'2%$
TK%%$'98YK%%$;#$+
-!'/"!"2)*3"\.&$./',0)
?E 'SNLJ)O =E/T7MSNLN8S)KN)R7)JMS<7SMI8)))JMLMR7MTN
8Q a<=K%&$&'"K;;$".$&'R'>3> 8Q ($;.#%$%"$'''R'>3>
TQ a<=K%&$&'"K;;$".$&'R'>3> TQ !.;2".2;$'''''R'>3>
"Q a<&2N.8.''''''R'>3>
5'-A")*b"B#&,'/./',0)*")+./!'-")0l)>i)
2I<JC*IL7M8N)O)!"#$%"$&'()*&#12$&,' "S76RMJJNLN8S)O)7*"<$'5B!@?E@7B)
-$")%KNKL#$'$.'-/0)) "8JNM;878S))))))O)A8%qKNK%LK)
*MJPMQRM8N) )O)-$")%KNKL#$' *7SN) O)
/MSTN) O)-K#.2;$' -R7JJN))))))))))))))O)H:9$'B%%<$'6J'
-,*") )'R'5->+H''' !VWVTN8PN)O' 58%2$N' M$' -$")%KNKL#$,'
=;KL;899$' M2' CB!,' L2#M$' $%' 8==2#' 82Z'
=;KL;899$&,'n$TKL;8=)#$'''''''
+7SVTMNR)KMK7PSMX<N)O)5812$..$'MS2%$'98#&K%'V'
<")$NN$' ;<M2#.$,' M$&&#%&' M$' ")8;=$%.$&' $.' M$'
.K#.2;$&+)
-ILQVSN8PN)
&2"":&' $.' M$' 98%#:;$' 8""$=.8TN$' M$&' &#.28.#K%&' U8#&8%.' 8==$N' V' M$&' &8OK#;&' $&&$%.#$N&' M$' N8'
"8.<LK;#$'W'58#&K%'X+'
7S<N<O8.#K%'M$&'92;&'M$'N8'98#&K%'M$'N8'U89#NN$'?MK%L8N8'$&.'.$;9#%<$+'/N'U82.'N8'"K2O;#;'MS2%$'
.K#.2;$+'-8%M2'$.'78%M2'OK%.'"K%.8".$;'N$2;' $%&$#L%8%.'M$'-$")%KNKL#$' V'"$'&2[$.'$.'"$N2#]"#'O8'
N$&' 8""K9=8L%$;' M8%&' 2%' ")8%.#$;' =K2;' *' $UU$".2$;'2%$'O#&#.$'L2#M<$'82=;:&'MS2%'")8;=$%.#$;'
93
/0(
=2#&' 82=;:&' MS2%' "K2O;$2;+' 0$&' M$;%#$;&' N$2;' $Z=N#12$%.' "K99$%.' =;K"<M$;' =K2;' =K&$;' N8'
.K#.2;$' MS2%$'98#&K%+'
''E .-/'\'/"2)'0'/'.&"2
QTVPVKN8SNJ
C b2$N&'#%&.;29$%.&'U82.]#N'2.#N#&$;'=K2; C 7S<12$;;$,'N$'%#O$82'V'T2NN$'MS8#;,'N$'U#N'V
M;$&&$;'N$&'92;&'8U#%'12S#N&'&K#$%.'.K2. =N8UK%M,'N$'9:.;$';2T8%,'d
M;K#.&'M2;8%.'N8'98YK%%$;#$'c
C 0K99$%.'N$&'[K#%.&'O$;.#"82Z'MK#O$%.]#N&'&$ C 7$&'[K#%.&'O$;.#"82Z'MK#O$%.'g.;$
=;<&$%.$;'c M#&"K%.#%2&+
C'
- C$98%M$;' 82Z' <N:O$&' M$' N#;$ C 7$".2;$' &#N$%"#$2&$' =8;' .K2&' N$&' <N:O$&
&#N$%"#$2&$9$%.' =2#&' V' )82.$' OK#Z' N8 =2#&'V')82.$'OK#Z'=8;'2%'K2'M$2Z'<N:O$&+
&#.28.#K%+
- C$98%M$;' 82Z' <N:O$&' MS$Z=N#12$;' N8 C 6Z=N#"8.#K%'M$'N8'&#.28.#K%'=8;'N$&'<N:O$&'$%
&#.28.#K%' $%' N$2;&' =;K=;$&' .$;9$&' $.' M$ N$2;&'=;K=;$&'.$;9$&
;$N$O$;'N$&'<N<9$%.&'"N<&+
''E.-/'\'/"2)#!'0-'#.&"2
C "K%&2N.8.#K%'M2'=N8%
a$=8;.#;'N$&'<N:O$&'$%'&K2&]L;K2=$&'$.'N$2;' C <N8TK;8.#K%'M2'M$O#&
M$98%M$;'M$'9$%$;'M$&'8".#K%&' C ")K#Z'M$&'98.<;#82Z'%<"$&&8#;$&'\
&2""$&&#O$&';$N8.#O$&'V'N8'=K&$'$.'V'N8' C 8"12#&#.#K%'M$&'98.<;#82Z'\
U#Z8.#K%'M$'N8'.K#.2;$+'
C 9$&2;8L$'$.'&"#8L$'M$&'TK#&'P98M;#$;&'$.
")$O;K%&Q'\
-_7TQN8SN)LVS7RRMX<N) C 8&&$9TN8L$'$.'U#Z8.#K%'M$'M#UU<;$%.$&'=#:"$&
M$'N8'")8;=$%.$
] T8M#L$K%%8L$'M$'N8'")8;=$%.$'8O$"'N$'=$#%.'V
TK#&\
C "K2O$;.2;$'M$'N8'")8;=$%.$
C 8==N#"8.#K%'M2';KKU#%L'=K2;'M$';8#&K%
MS<.8%")<#.<+
'''E 2F0/A"2"
Ja8S_[JN)
C b2$NN$&'&K%.'N$&'<.8=$&';$12#&$&'=K2;'R 7$&'<.8=$&';$12#&$&'=K2;'NS8"12#&#.#K%'M$&'
98.<;#82Z,'N$'M#9$%&#K%%$9$%.'M$'M#UU<;$%.$&'
=#:"$&'M$'N8'")8;=$%.$'$.'N8'=K&$'$.'N8'U#Z8.#K%'
M$'N8'")8;=$%.$'&K%.'R'
• NS8"12#&#.#K%'M$&'98.<;#82Z'=K2; C "K%&2N.8.#K%'M2'=N8%
2%$'")8;=$%.$+ C <N8TK;8.#K%'M2'M$O#&
C ")K#Z'M$&'98.<;#82Z\
C 8"12#&#.#K%'M$&'98.<;#82Z'\
• N$'M#9$%&#K%%$9$%.'M$'M#UU<;$%.$& C 9$&2;8L$'$.'&"#8L$'M$&'TK#&'P98M;#$;&'$.
94
/3(
=#:"$&'M$'N8'")8;=$%.$+' ")$O;K%&Q'\'
• N8'=K&$'$.'N8'U#Z8.#K%'M$'N8 C 8&&$9TN8L$'$.'U#Z8.#K%'M$'M#UU<;$%.$&'=#:"$&
")8;=$%.$ M$'N8'")8;=$%.$
] T8M#L$K%%8L$'M$'N8'")8;=$%.$'8O$"'N$'=$#%.'V
TK#&\
C "K2O$;.2;$'M$'N8'")8;=$%.$
C 8==N#"8.#K%'M2';KKU#%L'=K2;'M$';8#&K%
MS<.8%")<#.<+
]e8#.$&'N$'";K12#&'M$'N8''")8;=$%.$'MS2%$
98#&K%
'\E"\.&$./',0
?E \VTMWMP7SMI8)KNJ)7PX<MJ ?E!VQI8JNJ)7<Y)(<NJSMI8J
'SNLJ)O)
8Q 0K99$%.'U#Z$].]K%'N8'")8;=$%.$'=K2; 8Q D%'N8'U#Z$'82'92;'8O$"'N$'U$;'U$2#NN8;M'PK2
N8'"K%&KN#M$;'c N$'T8;;$'M$'U$;Q+
TQ 0K99$%.'=;K.:L$].]K%'N$'TK#&c TQ D%'T8M#L$K%%$'N$'TK#&'M$'=$#%.'V'TK#&,
=E 2MS<7SMI8)JMLMR7MTNE =E/T7MSNLN8S)KN)R7)JMS<7SMI8
(K&$' $.' U#Z8.#K%' M$' N8' .K#.2;$' $%' =8#NN$' MS2%$ 7$&' <N:O$&' =;K":M$%.' V' N8' =K&$' $.' V' N8' U#Z8.#K%
=8#NNK..$ M$'N8'.K#.2;$'$%'=8#NN$'MS2%$'=8#NNK..$+
-!'/"!"2)*3"\.&$./',0)
?E '/"+2 =E /!.'/"+"0/)*")&.)2'/$./',0)2'+'&.'!"
8Q a<=K%&$'"K;;$".$'R'>3> 8Q($;.#%$%"$'R''''>3>
TQ a<=K%&$'"K;;$".$'R'I3I TQ !.;2".2;$'''R''''>3>
"Q a<&2N.8.'''''R'''I3I
95
/4(
5'-A")*b"B#&,'/./',0)*")+./!'-")0l)?>)
2I<JC*IL7M8N)O)!"#$%"$&'()*&#12$&,' "S76RMJJNLN8S)O)7*"<$'5pB?•BC/)
-$")%KNKL#$'$.'-/0) "8JNM;878S))))))O)A8%qKNK%LK)
*MJPMQRM8N) )O)-$")%KNKL#$' *7SN))))))))))))))))))O)'''')
/MSTN) O)(K;.$&'$.'U$%g.;$&' -R7JJN))))))))))))))O)H:9$'B%%<$'6J'
-IKN) '''''R'5->+k''''' !VWVTN8PNJ)O'58%2$N'M$'-$")%KNKL#$'>,'
p$TKL;8=)#$,'=;KL;899$'M2'CB!'''''''
+7SVTMNR)KMK7PSMX<N)O'''
C$&&#%'$.''=)K.K&'M$&'=K;.$&'$.'M$&'U$%g.;$&'
-ILQVSN8PN)
&2"":&' $.' M$' 98%#:;$' 8""$=.8TN$' M$&' &#.28.#K%&' U8#&8%.' 8==$N' V' M$&' &8OK#;&' $&&$%.#$N&' M$' N8'
"8.<LK;#$'W'58#&K%'X+''
C:&' N8' U#%' M$&' .;8O82Z' M$' "K%&.;2".#K%' M$' &8' 98#&K%,' (8=8' A8%M8' $.' &8' U89#NN$' NSK%.' K""2=<$'
&8%&'12S#N'*'&K#.'=K&<'M$&'=K;.$&'$.'M$&'U$%g.;$&+'0$&'K2O$;.2;$&'<.8#$%.'=;KO#&K#;$9$%.'TK2")<$&'
=8;'M$&'=8%%$82Z'M$'.;#=N$Z+'58#%.$%8%.,'(8=8'A8%M8'O$2.'2.#N#&$;'&8' L;8.#U#"8.#K%'M$'U#%'MS8%%<$'
=K2;'U8#;$'#%&.8NN$;'N$&'=K;.$&'$.'N$&'U$%g.;$&'V'&8'98#&K%+'58#&'=$2'#%UK;9<,'#N'&KNN#"#.$'NS8#M$'M$'
NS$%&$#L%8%.' M$' -$")%KNKL#$' M$' &K%' U#N&' 12#' $&.' $%' H:9$' 8%%<$' M$' NS6J' V' NS/%&.#.2.' #%M2&.;#$N' M$'
J29T2+'7S$%&$#L%8%.'89:%$'&8'"N8&&$'")$_'2%' 9$%2#&#$;' =2#&' ")$_' 2%' 8[2&.$2;' =K2;' O#&#.$;' N8'
98#&K%' $.' ;$N$O$;' .K2&' N$&' =8;89:.;$&' ;$12#&+' 0K99$%.' MK#O$%.]#N&' &S*' =;$%M;$' =K2;' U8T;#12$;'
N$&'=K;.$&'$.'N$&'U$%g.;$&'$.'N$&' =K&$;'c'
'E .-/'\'/"2)'0'/'.&"2
?E \VTMWMP7SMI8) KNJ) PI887MJJ78PNJ ?E !VQI8JNJ)7<Y)X<NJSMI8J
QTVPVKN8SNJ - N$'TK#&'P98M;#$;&,'")$O;K%&dQ
b2$N&' 98.<;#82Z' U82.' u' #N' ")K#&#;' =K2;' "K2O;#; - N$&'.;8O$;&$&'9<.8NN#12$&'\
$UU#"8"$9$%.'N8'98#&K%'c - N$&'"NK2&'P"NK2&'M$'i,'k,'>G'dQ'\
- N$'U$;'U$2#NN8;M'$.'3K2'N$&'T8;;$&'M$'U$;'M$
j99'\
- N$&'LK2..#:;$&'\
- N$&'.{N$&'\
- N$'98&.#"'K2'N$';KKU#%L
] C$98%M$;'82Z'<N:O$&'M$'N#;$ 7$".2;$' &#N$%"#$2&$' =8;' .K2&,' =2#&' V' )82.$' OK#Z
&#N$%"#$2&$9$%.'=2#&'V')82.$'OK#Z'N8 =8;'2%'K2'M$2Z'<N:O$&+
&#.28.#K%+
] C$98%M$;'82Z'<N:O$&'MS$Z=N#12$;'N8 6Z=N#"8.#K%'M$'N8'&#.28.#K%'=8;'N$&'<N:O$&'$%'N$2;&'
&#.28.#K%' $%' N$2;&' =;K=;$&' .$;9$&' $.' M$ =;K=;$&'.$;9$&+'
;$N$O$;'N$&'<N<9$%.&'"N<&+
''E.-/'\'/"2)#!'0-'#.&"2
699$%$;'N$&'<N:O$&'V'O#&#.$;'R'
- N8' 98#&K%' M$' =8=8' A8%M8' =K2;' "K9=.$; - 0K9=.8L$' M2' %K9T;$' M$&' =K;.$&' $.' M$
N$&' =K;.$&' $.' N$&' U$%g.;$&,' =;<N$O$;' N$2;& U$%g.;$&'M$'N8'98#&K%'\
96
/5(
9$&2;$&'\' - (;<N:O$9$%.'M$'N$2;&'9$&2;$&'\
- NS8.$N#$;'M$'9$%2#&$;#$'$.''MS8[2&.8L$'8U#% - 0)K#Z' M$&' 9KM:N$&' M$&' =K;.$&' $.' M$&
M$' &$' ;$%&$#L%$;' &2;' N8' U8T;#"8.#K%' M$& U$%g.;$&'\
=K;.$&' $.' M$&' U$%g.;$&' $%' TK#&' $.3K2 - C<.$;9#%8.#K%'M$'N8'%8.2;$'M$&'98.<;#82Z'V
9<.8NN#12$&+ 2.#N#&$;' PTK#&,' ")$O;K%&,' 98M;#$;&' N8..$&,
9<.8N' t' =;KU#N' $%' TK2.$#NN$,' "K;%#:;$,' .2T$&
"8;;<&' K2' ;$".8%L2N8#;$&,' .{N$&' %K#;$&,' U$;&
-,' O#.;$&,' 98&.#"&,' =$#%.2;$&,' 8%.#;K2#NN$&,
O$;%#&,'$."+Q'\
- 6N8TK;8.#K%'MS2%'M$O#&'\
- B"12#&#.#K%'M$&'98.<;#82Z'\
'''E 2F0/A"2"
Ja8S_[JN)
b2$NN$&' &K%.' N$&' <.8=$&' =;<N#9#%8#;$&' V' N8' 7$&' <.8=$&' =;<N#9#%8#;$&' V' N8' U8T;#"8.#K%' M$&'
U8T;#"8.#K%'M$&'=K;.$&'$.'M$&'U$%g.;$&'c' =K;.$&'$.'U$%g.;$&'&K%.'R'
- M<.$;9#%8.#K%' M2' %K9T;$' M$&' =K;.$&' $.
U$%g.;$&\
b2$N&'&K%.'N$&'98.<;#82Z'V'8"12<;#;'c' - =;<N:O$9$%.'M$&'9$&2;$&'\
- ")K#Z' M$& 9KM:N$&' $.'
98.<;#82Z'8==;K=;#<&\
- <.8TN#&&$9$%.'MS2%'M$O#&,
- 8")8.'M$&'98.<;#82Z
7$&'98.<;#82Z'V'8"12<;#;'&K%.'R'
- -2T$&,'"K;%#:;$&'$.'U$;&'-
- TK#&'P98M;#$;&,'")$O;K%&Q
- N$&'O#.;$&
- N$&'"NK2&,'N$&'O#&,';#O$.&'\
- N$&'"N$%")$&'$."+
'\E"\.&$./',0
'SNLJ)O
8Q 0#.$;' N$&' 98.<;#82Z' =K2;' N8' U8T;#"8.#K% 8Q -2T$&,'"K;%#:;$&,'U$;&'-,';#O$.&'$."+
M$&'=K;.$&'K2'U$%g.;$&'9<.8NN#12$&+
TQ B'12K#'&$;.'2%'M$O#&'c TQ (K2;' M<.$;9#%$;' N8' %8.2;$,' N8' 128%.#.<' $.' N$
"Ky.'M$&'.;8O82Z'V'$Z<"2.$;
7S8"12#&#.#K%' M$&' 98.<;#82Z' =K2;' ;$%K2O$N$; 7$&' <N:O$&' 8"12#:;$%.' N$&' 98.<;#82Z' =K2;
N$&'=K;.$&'M2'T2;$82'M2'M#;$".$2;'M$'NS<"KN$ ;$%K2O$N$;'N$&'=K;.$&+
-!'/"!"2)*3"\.&$./',0)
?E '/"+2 =E /!.'/"+"0/)*")&.)2'/$./',0)2'+'&.'!"
8Q a<=K%&$&'"K;;$".$&'R'I3I 8Q ($;.#%$%"$'R''''>3>
TQ a<=K%&$&'"K;;$".$&'R'I3I TQ !.;2".2;$'''R''''I3I
"Q a<&2N.8.'''''R'''I3I
97
/-(
5'-A")*b"B#&,'/./',0)*")+./!'-")0l)??)
2I<JC*IL7M8N)O)!"#$%"$&'()*&#12$&,' "S76RMJJNLN8S)O)7*"<$'5pB?•BC/)
-$")%KNKL#$'$.'-/0' "8JNM;878S))))))O)A8%qKNK%LK)
*MJPMQRM8N) )O)-$")%KNKL#$' *7SN)))))))))))))))))O))
/MSTN) O)(K;.$&'$.'U$%g.;$&' -R7JJN))))))))))))))O)H:9$'B%%<$'6J'
-,*") '''''R'5->+k''''' !VWVTN8PNJ)O' (;KL;899$' M2' CB!,' L2#M$' $%'
8==2#'82'=;KL;899$,'98%2$N'M$'.$")%KNKL#$,'
'n$TKL;8=)#$'''''''
+7SVTMNR)KMK7PSMX<N)O''
!"#$'V'9<.82Z,'9$2N$2&$,'<.8TN#,';8TK.,'PC$&&#%'$.'
=)K.K&'M$&'=K;.$&'$.'M$&'U$%g.;$&Q'''''')
-ILQVSN8PN)
&2"":&' $.' M$' 98%#:;$' 8""$=.8TN$' M$&' &#.28.#K%&' U8#&8%.' 8==$N' V' M$&' &8OK#;&' $&&$%.#$N&' M$' N8'
"8.<LK;#$'W'58#&K%'X+'
"YNLQRN)KN)JMS<7SMI8)O)C:&'N8'U#%'M$&'.;8O82Z'M$'"K%&.;2".#K%'M$'&8'98#&K%,'(8=8'A8%M8'$.'
&8'U89#NN$'NSK%.'K""2=<$'&8%&'12S#N'*'&K#.'=K&<'M$&'=K;.$&'$.'M$&'U$%g.;$&+'0$&'K2O$;.2;$&'<.8#$%.'
=;KO#&K#;$9$%.'TK2")<$&'=8;'M$&'=8%%$82Z'M$'.;#=N$Z+'58#%.$%8%.,'(8=8'A8%M8'O$2.'2.#N#&$;'&8'
L;8.#U#"8.#K%' M$' U#%' MS8%%<$' =K2;' U8#;$' #%&.8NN$;' N$&' =K;.$&' $.' U$%g.;$&' V' &8' 98#&K%+' 58#&' =$2'
#%UK;9<,'#N'&KNN#"#.$'NS8#M$'M$'NS$%&$#L%8%.'M$'-$")%KNKL#$'M$'&K%'U#N&'12#'$&.'$%'H:9$' 8%%<$'M$'
NS6J' V' NS/%&.#.2.' #%M2&.;#$N' M$' J29T2+' 7S$%&$#L%8%.' $99:%$' &8' "N8&&$' ")$_' 2%' 9$%2#&#$;' =2#&'
")$_' 2%' 8[2&.$2;' =K2;' O#&#.$;' N8' 98#&K%' $.' ;$N$O$;' .K2&' N$&' =8;89:.;$&' ;$12#&+' 0K99$%.'
MK#O$%.]#N&'&S*'=;$%M;$'=K2;'U8T;#12$;'N$&'=K;.$&'$.'N$&'U$%g.;$&'$.'N$&' =K&$;'c''
'E .-/'\'/"2)'0'/'.&"2
?E \VTMWMP7SMI8)KNJ)PI887MJJ78PNJ ?E!VQI8JNJ)KNJ)VR[ZNJ
QTVPVKN8SNJ
6%29<;$_' N$&' 98.<;#82Z' 2.#N#&<&' =K2;' N8' - 58.<;#82Z'$%'TK#&'R'98M;#$;&,'")$O;K%&d
U8T;#"8.#K%'M$&'=K;.$&'$.'M$&'U$%g.;$&'c' - 98.<;#82Z' 9<.8NN#12$&'R' U$;' -,' "K;%#:;$,' =;KU#N
$%'TK2.$#NN$,'N$&'"NK2&,'O#&,'"N$%")$&,'=K#L%$.&,
$."+
] C$98%M$;'82Z'<N:O$&'M$'N#;$ 7$".2;$'&#N$%"#$2&$'=8;'.K2&,'=2#&'V')82.$'OK#Z'=8;
&#N$%"#$2&$9$%.' =2#&' V' )82.$' OK#Z' N8 2%'K2'M$2Z'<N:O$&+
&#.28.#K%+
] C$98%M$;' 82Z' <N:O$&' MS$Z=N#12$;' N8 6Z=N#"8.#K%'M$'N8'&#.28.#K%'=8;'N$&'<N:O$&'$%'N$2;&'
&#.28.#K%' $%' N$2;&' =;K=;$&' .$;9$&' $.' M$ =;K=;$&'.$;9$&+'
;$N$O$;'N$&'<N<9$%.&'"N<&+
''E.-/'\'/"2)#!'0-'#.&"2
a$=8;.#;' N$&' <N:O$&' $%' &K2&]L;K2=$&,' N$2;'
M$98%M$;'M$'M<";#;$'N$'=;K"$&&2&'12#'O8'M$' - !"#8L$' M$&' "K;%#:;$&' $.' M$&' =;KU#N<&' $%
N8' U8T;#"8.#K%' M$&' =K;.$&' $.' M$&' U$%g.;$&' TK2.$#NN$'&$NK%'N$&'M#9$%&#K%&';$12#&$&\
[2&12SV'N$2;'=K&$+' - -8#NN$' M$&' O#.;$&' $%' =#:"$&' MS8=;:&' N$&
9$&2;$&'=;<N$O<$&'82'=;<8N8TN$'\
98
/.(
-' ?29<;K.8.#K%' M$' ")812$' =#:"$' $.' #%M#"8.#K%'

M$'&8'M$&.#%8.#K%'\'
-' !<"2;#&8.#K%'M$&'9K;"$82Z'M$'O#.;$+'
-' f<;#U#"8.#K%'M$'N8'[2&.$&&$'M$&'M#9$%&#K%&'$.'
M$' N8' M;K#.2;$' M$&' 8%LN$&' M$' M#O$;&$&' =#:"$&'
8O$"' NS<12$;;$,' N$' %#O$82' V' T2NN$' MS8#;' $.' N$'
9:.;$';2T8%'\'
-' &K2M8L$' M$&' "K;%#:;$&' $.' M$&' =;KU#N&' $%'
TK2.$#NN$\'
-' =K%Y8L$' M$' .K2.$&' N$&' &.;2".2;$&' 8O$"' 2%$'
9$2N$2&$'=K2;'LK99$;'N$&'8&=<;#.<&,''
-' 8==N#"8.#K%' MS2%' 8%.#;K2#NN$'' &2;' N$&' =K;.$&' $.'
N$&'U$%g.;$&\'
-' B[2&.8L$' M$&' .2T$&' 8%.#OKN&' &2;' N$&'
$%"8M;$9$%.&'\'
-' f#&&8L$'M$&'"N$%")$&\'
-' ($;UK;8.#K%'M$&'.;K2&'=K2;'N$&'&$;;2;$&'\'
-' !K2M8L$' M$&' 8%%$82Z' =K2;' N$&' "8M$%8&' $.'
N$&'U#Z8.$2;&'\'
-' (K&$'R'
•' M$&'=K;.$&'$.'M$&'U$%g.;$&'$.'&<")8L$'
=$%M8%.''I'K2'F'[K2;&R'
•' M$&'&$;;2;$&'\'
-' -$&.'MSK2O$;.2;$'$.'M$'U$;9$.2;$+'
-' (K&$'M$&'O#.;$&'
'''E)2F0/A"2")
' Ja8S_[JN)
>+' b2$NN$&' &K%.' N$&' =;#%"#=8N$&' .x")$&' V' 7$&' =;#%"#=8N$&' .x")$&' V' $Z<"2.$;' =K2;' U8T;#12$;'
$Z<"2.$;' =K2;' U8T;#12$;' N$&' =K;.$&' $.' N$&' N$&'=K;.$&'$.'N$&'U$%g.;$&'R'''
U$%g.;$&'R' '
8Q' $%'9<.8N'c' 8Q' 9<.8NN#12$&'&K%.'R'
' -' O<;#U#"8.#K%'M$&'9$&2;$&'$.'M$&'8%LN$&'\''
' -' 8&&$9TN8L$' M$&' M#UU<;$%.$&' =#:"$&'=8;'
' &K2M2;$\'
' -' =K%Y8L$'\'
' -' 8==N#"8.#K%'M$'NS8%.#;K2#NN$'\'
TQ' $%'TK#&'c' -' =K&$'M$&'O#.;$&+'
' '
' TQ' $%'TK#&'&K%.'R'
' 5g9$'=;K"<M2;$'&82U'12SV'N8'=N8"$'M$R'
' -' &K2M2;$,'#N'U82.'"KNN$;'$.'"NK2$;'\'
I+' b2$NN$&' &K%.' N$&' =;#%"#=8N$&' .x")$&' V' -' NS8%.#;K2#NN$,'#N'U82.'N$'O$;%#&+'
$Z<"2.$;' =K2;' =K&$;' N$&' =K;.$&' $.' N$&' -' -8#NN$;'N$'92;'\'
U$%g.;$&'' -' U#Z$;'N8'=K;.$'K2'N8'U$%g.;$'
-' =N8"$;'N$'9K;.#$;'=K2;''&K2.$%#;'N8'=K;.$'K2'
N8'U$%g.;$+'
99
//(
'\E"\.&$./',0
8Q 0K99$%.'U8#.]K%'NS8&&$9TN8L$'M$&'=K;.$& 8Q 7S8&&$9TN8L$' M$&' =K;.$&' $.' U$%g.;$&

$.'U$%g.;$&'9<.8NN#12$&'c 9<.8NN#12$&'&$'U8#.'=8;'&K2M2;$
TQ 0K99$%.'O<;#U#$%.].]K%'N8'M;K#.2;$'M$& TQ BO$"' NS<12$;;$,' N$' %#O$82' V' T2NN$' MS8#;' $.' N$
8%LN$&c 9:.;$'=N#8%.
"Q BO$"'12K#'&.8T#N#&$].]K%'N$&'=#:"$&'M$ "Q BO$"'N$'98&.#"'O#.;$+
O#.;$&'c
=E /T7MSNLN8S)KN)R7)JMS<7SMI8
7$&' <N:O$&' ;<=8;$%.' N$&' =K;.$&' $.' N$&' U$%g.;$&' M$
I+ 2MS<7SMI8)JMLMR7MTNE NS<"KN$'M<N8T;<$+
a<=8;8.#K%' M$&' =K;.$&' $.' U$%g.;$&' MS2%$
<"KN$'M<N8T;<$+
-!'/"!"2)*3"\.&$./',0)
8Q a<=K%&$'"K;;$".$'R'>3> 8Q ($;.#%$%"$'R''''>3>
TQ a<=K%&$'"K;;$".$'R'I3I TQ !.;2".2;$'''R''''I3I
"Q a<=K%&$'"K;;$".$'R'I3I "Q a<&2N.8.'''''R'''I3I
5'-A")*b"B#&,'/./',0)*")+./!'-")0l)?=)
2I<JC*IL7M8N)O)!"#$%"$&'()*&#12$&,' "S76RMJJNLN8S)O)0KNN:L$'aK*8N)
-$")%KNKL#$'$.'-/0) "8JNM;878S))))))O)?-65(/!)
*MJPMQRM8N) )O)-$")%KNKL#$' *7SN) O)
/MSTN) O)7$'";<=#&&8L$' -R7JJN))))))))))))))O)H:9$'B%%<$'6J'
-,*") )'R'5->+l''''' !VWVTN8PN)O)58%2$N'M$'-$")%KNKL#$,'n$TKL;8=)#$'
(;KL;899$' M2' CB!,' L2#M$' $%' 8==2#' 82'
=;KL;899$+'''''''
+7SVTMNR)KMK7PSMX<N)O)-;2$NN$,'&8TN$,'"#9$%.,'$82'
-ILQVSN8PN)O)
&2"":&' $.' M$' 98%#:;$' 8""$=.8TN$' M$&' &#.28.#K%&' U8#&8%.' 8==$N' V' M$&' &8OK#;&' $&&$%.#$N&' M$' N8'
"8.<LK;#$'W'58#&K%'X''
"YNLQRN)KN)JMS<7SMI8'R'
78' U89#NN$' 5n89T8' "K%&.8.$' 12$' N$&' $82Z' M$' =N2#$' &S#%U#N.;$%.' =8;' N$&' [K#%.&' M$&' 92;&' M8%&' N$2;'
98#&K%'=;KOK128%.'M$'=N2&'$%'=N2&'M$'NS)29#M#.<'8#%&#'12$'M$&'=N812$&'M$'9K#&#&&2;$&+'fK2N8%.'
.;K2O$;' 2%$' &KN2.#K%' V' "$..$' =;<K""2=8.#K%,' #N' O8' "K%&2N.$;' 2%' $%&$#L%8%.' M$' .$")%KNKL#$' 12#'
.;K2O$' 12S#N' *' 8' #%.<;g.' MSK;L8%#&$;' 2%$' O#&#.$' L2#M<$' 8O$"' N$&' <N:O$&' 82=;:&' M$&' =;KU$&&#K%%$N&+'
0$2Z]"#'N$2;'"K%&$#NN$%.'2%$'.$")%#12$'M$'";<=#&&8L$+'
100
211(
'E .-/'\'/"2)'0'/'.&"2
QTVPVKN8SN
b2$NN$&' &K%.' N$&' =;K=K;.#K%&' MS2%' TK%' (K2;' >' !8"' M$' "#9$%.' PiGALQ\' h' T;K2$..$&' M$'
9K;.#$;'c' &8TN$'PIGG'ALQ\'>GG'N#.;$&''MS$82'
] C$98%M$;'82Z'<N:O$&'M$'N#;$ 7$".2;$'&#N$%"#$2&$'=8;'.K2&'=2#&'V')82.$'OK#Z'=8;'
&#N$%"#$2&$9$%.'=2#&'V')82.$'OK#Z'N8 2%'K2'M$2Z'<N:O$&'
&#.28.#K%+
] C$98%M$;'82Z'<N:O$&'MS$Z=N#12$;'N8 6Z=N#"8.#K%' M$' N8' &#.28.#K%' =8;' N$&' <N:O$&' $%' N$2;&'
&#.28.#K%'$%'N$2;&'=;K=;$&'.$;9$&'$.'M$ =;K=;$&'.$;9$&+'
;$N$O$;'N$&'<N<9$%.&'"N<&+
''E .-/'\'/"2)#!'0-'#.&"2
a<=8;.#;'N$&'<N:O$&'$%'&K2&'u'L;K2=$&'$.'N$&' - /M$%.#U#"8.#K%' M$&' 98.<;#82Z' P"#9$%.,' &8TN$,
89$%$;' V' ;$&=$".$;' N$' 9<N8%L$' "#9$%.,' $82Q
&8TN$,' $82,' =K2;' 8OK#;' 2%' TK%' 9K;.#$;' M$' - <.8TN#&&$9$%.'MS2%'M$O#&'M$&'98.<;#82Z
";<=#&&8L$+' - 8"12#&#.#K%'M$&'98.<;#82Z
- 9<N8%L$' M2' "#9$%.,' &8TN$,' $.' M$' NS$82' &$NK%
N$&' =;K=K;.#K%&' ;$12#&$&' =K2;' =;<=8;$;' N$
9K;.#$;
- ";<=#&&8L$
'''E 2F0/A"2"
Ja8S_[JN)
8Q' b2$N&' &K%.' N$&' 98.<;#82Z' 8Q 7$&'98.<;#82Z'&K%.'R'"#9$%.,'&8TN$,'$82
#%M#&=$%&8TN$&'=K2;'N$'";<=#&&8L$'c'
TQ CK%%$;' N$&' =;K=K;.#K%&' ;$12#&$&' M2 TQ 7$&' =;K=K;.#K%&' M2' 9<N8%L$'R' >&8"' M$

9<N8%L$' =K2;' 8OK#;' 2%' TK%' 9K;.#$; "#9$%.' PiG' ALQ,' F' T;K2$..$&' M$' &8TN$' P>iG
M$''";<=#&&8L$ ALQ,'>GG'N#.;$&''MS$82
'\E"\.&$./',0
"YNLQRNJ)K3MSNLJ)O 8Q 6%' ' 9<N8%L$8%.' M2' "#9$%.,' M2' &8TN$' $.' M$
8Q 0K99$%.' =;<=8;$].]K%' 2%' TK% NS$82'M8%&'N$&'=;K=K;.#K%&';$12#&$&+
9K;.#$;'M$'";<=#&&8L$c
TQ C8%&' 12$NN$' =;K=K;.#K%' U8#.]K%' N$
9<N8%L$' =K2;' KT.$%#;' 2%' TK% TQ (K2;'>&8"'M$'"#9$%.'PiGALQ,'F'T;K2$..$&'M$
9K;.#$;'M$'";<=#&&8L$'c &8TN$'P>iG'ALQ,'>GG'N#.;$&''MS$82
101
212(
=E 2MS<7SMI8)JMLMR7MTN =E/T7MSNLN8S)KN)R7)JMS<7SMI8)JMLMR7MTN
7$&' OK#&#%&' ' ' M$' N8' U89#NN$' 5n89T8' K%.' U8#.
<L8N$9$%.' N$' ";<=#&&8L$' M$' N$2;' 98#&K% a$=;$%M;$'N$'";<=#&&8L$'8O$"'2%'TK%'9K;.#$;+'
98#&' M:&' 12SK%' .K2")$' N$' 92;,' #N' &S$UU;#.$' $%
&8TN$+'0K99$%.'*';$9<M#$;'c
-!'/"!"2)*3"\.&$./',0)
8Q a<=K%&$&'"K;;$".$&'R'>3> 8Q ($;.#%$%"$'R'>3>
TQ a<=K%&$&'"K;;$".$&'R'>3> TQ !.;2".2;$''''R'>3>
"Q a<&2N.8.''''''R'I3I
5'-A")*3"B#&,'/./',0)*")+./!'-")0H)?c)
2I<JCKIL7M8N)O)!"#$%"$&'()*&#12$&,' "S76RMJJNLN8S)O)/%&.+'M$'A8.2Tn$))
-$")%KNKL#$'$.'-/0' "8JNM;878S)O'72%M[8))
*MJPMQRM8N)O)-$")%KNKL#$ *7SN)O)
/MSTN)O)a$Og.$9$%. -R7JJN)O)H:9$'M$'NS6J)
-IKN)O'5->+>G !VWVTN8PN)O'58%2$N'M$'-$")%KNKL#$,'
n$TKL;8=)#$,'(;KL;899$'M2'CB!,'L2#M$'$%'
8==2#'82'''''''
=;KL;899$+)'
+7SVTMNR)KMK7PSMX<N)p'"#9$%.'L;#&,'"#9$%.'TN8%",'
;8"N$..$,'"K2=$2&$'M$'"<;89#12$,'=#%"$'M$'''''''
"8;;$N$2;+'''''''
-ILQVSN8PN)
&2"":&' $.' M$' 98%#:;$' 8""$=.8TN$' M$&' &#.28.#K%&' U8#&8%.' 8==$N' V' M$&' &8OK#;&' $&&$%.#$N&' M$' N8'
"8.<LK;#$)W'58#&K%'X+)
78'U89#NN$'5T2.8'8'.$;9#%<'N$'";<=#&&8L$'M$'&8'98#&K%+'58#&'$NN$'"K%&.8.$'12$'N$'&KN'M$'N8'98#&K%'
$&.')29#M$+'0S$&.'2%'=;KTN:9$'12#'9$.'N8'U89#NN$'98N'V'NS8#&$+'(8=8'5T2.8'M<"#M$'U#%8N$9$%.'M$'
=K2;&2#O;$'N$&'U#%#.#K%&'M$'&8'98#&K%+'?$'&8")8%.'"K99$%.'U8#;$,'#N'O8'&S#%.<;$&&$;'V'NS$%&$#L%8%.'
M$'-$")%KNKL#$'M$'H:9$'8%%<$'M$'NS6J'V'NS/%&.#.2.'?LKNK'M$'7#&8N8'=K2;'M$&';$%&$#L%$9$%.&+'0$N2#]
"#'=;$%M'&$&'<N:O$&,'N$&'"K%M2#.'82=;:&'MS2%'"8;;$N$2;+'0K99$%.'=;K"<M$;'c)
'E .-/'\'/"2)'0'/'.&"2
?E)\VTMWMP7SMI8)KNJ)PI887MJJ78PNJ ?E !VQI8JNJ)KNJ)VR[ZNJ
QTVPVKN8SNJ
C$'12K#'$&.'"K%&.#.2<'N$'9K;.#$;'&$;O8%.'82 ] "#9$%.
";<=#&&8L$'MS2%$'98#&K%'c ] &8TN$
] $82
=E)+ISMZ7SMI8)]*VPI<ZNTSN^ =E -ILQTV_N8JMI8)KN)R7)JMS<7SMI8
- C$98%M$;' 82Z' <N:O$&' M$' N#;$ 7$".2;$' &#N$%"#$2&$' =8;' .K2&' N$&' <N:O$&' =2#&' V'
&#N$%"#$2&$9$%.' =2#&' V' )82.$' OK#Z' N8 )82.$'OK#Z'=8;'2%'K2'M$2Z'<N:O$&+'
&#.28.#K%+
102
21,(
' )
-& C$98%M$;' 82Z' <N:O$&' MS$Z=N#12$;' N8' 6Z=N#"8.#K%'M$'N8'&#.28.#K%'=8;'N$&'<N:O$&'$%'N$2;&'
&#.28.#K%' $%' N$2;&' =;K=;$&' .$;9$&' $.' M$' =;K=;$&'.$;9$&'
;$N$O$;'N$&'<N<9$%.&'"N<&+))))
)
''E.-/'\'/"2)#!'0-'#.&"2)
,T;78MJ7SMI8)KN)R7)PR7JJN)NS)PI8JM;8NJ) .PSMZMSVJ)J<T)RN)S76RN7<)KN)JQVPMWMP7SMI8))
) )
a$=8;.#;'N$&'<N:O$&'$%'&K2&]L;K2=$&'$.'N$2;' ]' (;K&=$".#K%'M2'98;")<'\'
M$98%M$;'M$'9$%$;'M$&'8".#K%&'&2""$&&#O$&' ]' /M$%.#U#"8.#K%'M$&'M#UU<;$%.&'8;.#"N$&'M$'
=K2;'NS<N8TK;8.#K%'M2'M$O#&'M$'"8;;$N8L$'M2' ;$Og.$9$%.'\'
&KN'MS2%$'98#&K%+' ]' /%O#.8.#K%'MS2%'"8;;$N$2;'\'
' ]' "8N"2N'M$'NS8#;$'M$'")812$'=#:"$'V'=8O$;,'
8#%&#'12$'NS8#;$'M$'")812$'"8;;$82'\'
]' ")K#Z'MS2%$'TK%%$'128N#.<'M$&'"8;;$82Z'
]' "8N"2N'M2'%K9T;$'M$&'"8;;$82Z'=K2;'")812$'
=#:"$'M$'N8'98#&K%'
]' <N8TK;8.#K%'M$'M$O#&'12#'.#$%.'"K9=.$'M$'N8'
98#%'MSm2O;$'
]' 8"12#&#.#K%'M$&'98.<;#82Z'
''E) 2F0/A"2")
) Ja8S_[JN)
C#;$'"K99$%.''=$2.]'K%'<.8TN#;'2%'M$O#&'=K2;' 7$&'<.8=$&'=;<N#9#%8#;$&'=K2;'N$';$Og.$9$%.'M2'
=;K"<M$;'82';$Og.$9$%.'M2'&KN'MS2%$'98#&K%' &KN'MS2%$'98#&K%'&K%.'R'
]' =;K&=$".$;'N$'98;")<'
]' /M$%.#U#$;'N$&'M#UU<;$%.&'8;.#"N$&'M$'
;$Og.$9$%.)
]' M<.$;9#%$;'N$&'UK;9$&'M$&'=#:"$&'P"8;;<&'K2'
;$".8%L2N8#;$&Q)
]' "8N"2N$;'NS8#;$'M$'")812$'=#:"$'8#%&#'12$'
NS8#;$'M$'")812$'"8;;$82)
]' "K%%8#.;$'N$&'M#9$%&#K%&'M$&'"8;;$82Z)
]' "8N"2N$;'N$'%K9T;$'M$&'"8;;$82Z''=K2;'
")812$'=#:"$'M$'N8'98#&K%)
]' 6.8TN#;'2%'M$O#&)
'\E)"\.&$./',0)
?E) \VTMWMP7SMI8)KNJ)7PX<MJ) ?E!VQI8JNJ)7<Y)X<NJSMI8J)R'
' '
]' b2$'U82.]#N'U8#;$'=K2;'"K9T8..;$' ]' /N'U82.'=K&$;'M$&'"8;;$82Z'
NS)29#M#.<'82'&KN'M$'N8'98#&K%'c' )
' )
]' 0#.$;'12$N12$&'<.8=$&'=;<N#9#%8#;$&' ]' =;K&=$".$;'N$'98;")<'
82';$Og.$9$%.'M2'&KN'MS2%$'98#&K%' ]' /M$%.#U#$;'N$&'M#UU<;$%.&'8;.#"N$&'M$'
' ;$Og.$9$%.)
''''''' ]' M<.$;9#%$;'N$&'UK;9$&'M$&'=#:"$&'P"8;;<&'
' K2';$".8%L2N8#;$&Q)
' )
=E) 2MS<7SMI8)JMLMR7MTN' ) =E/T7MSNLN8S)KN)R7)JMS<7SMI8''
7$'OK#&#%'M$'=8=8'5T2.8'%S8'=8&'M$98%M<' 7$&'<N:O$&'NS8#M$'V'M<.$;9#%$;'N$&'<.8=$&'
"K%&$#N'82=;:&'M$&'"K%%8#&&$2;&,'#N'8'"K2N<' =;<N#9#%8#;$&'=K2;'NS8"12#&#.#K%&'M$&'98.<;#82Z'M$'
2%#12$9$%.'M2'T<.K%'98#&'NS)29#M#.<' "8;;$N8L$'M$'&8'98#&K%''+'
=$;&#&.$+'0K99$%.'*';$9<M#$;'c'
103
210(
-!'/"!"2)*3"\.&$./',0)
?E 'SNLJ =E /T7MSNLN8S)KN)R7)JMS<7SMI8)JMLMR7MTN)O
8Q a<=K%&$'"K;;$".$'R'>3> 8Q ($;.#%$%"$'R'>3>
TQ a<=K%&$'"K;;$".$'R'I3I TQ !.;2".2;$'R''''>3>
"Q a<&2N.8.'R''''''I3I
5'-A")*3"B#&,'/./',0)*")+./!'-")0H)?d)
2I<JCKIL7M8N)O)!"#$%"$&'()*&#12$&,' "S76RMJJNLN8S)O'/%&.+M$'AB-@Jp6
-$")%KNKL#$'$.'-/0' "8JNM;878S)O'7@?C•B)
*MJPMQRM8N)O)-$")%KNKL#$ *7SN)O)
/MSTN)O)a$Og.$9$%.))))))) -R7JJN)O)H:9$'M$'NS6J)
-IKN)O'5->+>G !VWVTN8PNJ)O'p$TKL;8=)#$,'N#O;$'-$")%KNKL#$'>,'
=;KL;899$'M2'CB!'$.'L2#M$'$%'8==2#'82'
=;KL;899$+''
+7SVTMNRJ)KMK7PSMX<NJ)O'"8;;$82Z'"#9$%.'TN8%"&'
$.'L;#&,';8"N$..$'"K2=$2&$'M$'"<;89#12$,'=#%"$'
"8;;$N$2;
-ILQVSN8PN)
&2"":&' $.' M$' 98%#:;$' 8""$=.8TN$' M$&' &#.28.#K%&' U8#&8%.' 8==$N' V' M$&' &8OK#;&' $&&$%.#$N&' M$' N8'
"8.<LK;#$'W'58#&K%'X+)
"#'=;$%M'&$&'<N:O$&,'N$&'"K%M2#.&'82=;:&'MS2%'"8;;$N$2;+'0K99$%.'=;K"<M$;'c)
'E .-/'\'/"2)'0'/'.&"2
?E \VTMWMP7SMI8)KNJ)PI887MJJ78PNJ ?E !VQI8JNJ)KNJ)VR[ZNJ)O
QTVPVKN8SNJ)O
] b2$N'$&.'N$'=;<8N8TN$'=K2;'8"12<;#; ] 6N8TK;$;'N$'M$O#&
N$&'98.<;#82Z'M$';$Og.$9$%.
- C$98%M$;' 82Z' <N:O$&' M$' N#;$ ] 7$".2;$'&#N$%"#$2&$'=8;'.K2&'N$&'<N:O$&'=2#&'V

&#N$%"#$2&$9$%.' =2#&' V' )82.$' OK#Z' N8 )82.$'OK#Z'=8;'2%'K2'M$2Z'<N:O$&+
&#.28.#K%+
- C$98%M$;' 82Z' <N:O$&' MS$Z=N#12$;' N8 ] 6Z=N#"8.#K%'M$'N8'&#.28.#K%'=8;'N$&'<N:O$&'$%

&#.28.#K%' $%' N$2;&' =;K=;$&' .$;9$&' $. N$2;&'=;K=;$&'.$;9$&
M$';$N$O$;'N$&'<N<9$%.&'"N<&+
104
213(
''E .-/'\'/"2)#!'0-'#.&"2
a$=8;.#;'N$&'<N:O$&'$%'&K2&]L;K2=$&'$.'N$2;' ] 9<N8%L$'M2'"#9$%.'L;#&'$.'M$'NS$82,'M2
M$98%M$;'M$'9$%$;'M$&'8".#K%&'&2""$&&#O$&' "#9$%.'TN8%"'$.'M$'NS$82
=K2;'9<N8%L$;'N$&'"#9$%.&'$.'=K&$;'N$&' ] =K&$'M$&'"8;;$82Z'V'NS8#M$'M2'"#9$%.'L;#&
"8;;$82Z'M8%&'2%$'98#&K%+) ] ;8"N8L$'M$'N8'&2;U8"$'M$&'"8;;$82Z'8O$"'N$
"#9$%.'TN8%"
'''E 2F0/A"2"
Ja8S_[JNE)
0K99$%.'MK#.]K%'=;K"<M$;'=K2;'=K&$;'N$&' (K2;'=K&$;'N$&'"8;;$82Z'M8%&'2%$'98#&K%,'#N'U82.'R'
"8;;$82Z'M8%&'2%$'98#&K%'c' ] 9<N8%L$;'R
• N$'"#9$%.'L;#&'$.'NS$82
• N$'"#9$%.'TN8%"'$.'NS$82
] =K&$;'N$&'"8;;$82Z'8O$"'N$'"#9$%.'L;#&
] "K2O;#;'N$&'[K#%.&'$%';8"N8%.'N8'&2;U8"$
M$&'"8;;$82Z'8O$"'N$'"#9$%.'TN8%"+
'\E "\.&$./',0
?E \VTMWMP7SMI8)KNJ)7PX<MJ ?E !VQI8JNJ)7<Y)X<NJSMI8J
/%M#12$;'N$&'98.<;#82Z'2.#N#&<&'=K2;'N$' ] NS$82
"8;;$N8L$'MS2%$'98#&K%+' ] N$'"#9$%.'L;#&
] N$'"#9$%.'TN8%"
] N8';8"N$..$
] N$&'"8;;$82Z
6.8%.'M<92%#,'N$'OK#&#%'M$'(8=8'5T2.8' 7$&'<N:O$&'.;8#.$%.'N8'&#.28.#K%'$%';$&=$".8%.'N$&'
M<"#M$'M$';$Og.#;'N$'&KN'M$'&8'98#&K%'8O$"' M#UU<;$%.$&'<.8=$&+'
2%$'"K2")$'M$'"#9$%.'N#&&$+'0K99$%.'
=;K"<M$;c'
-!'/"!"2)*3"\.&$./',0)
?E 'SNLJ =E/T7MSNLN8S)KN)R7)JMS<7SMI8)JMLMR7MTN
a<=K%&$'"K;;$".$'R'I3I) 8Q ($;.#%$%"$'R'>3>
TQ !.;2".2;$''''R'>3>
"Q a<&2N.8.''''''R'I3I
105
214(
5'-A")*3"B#&,'/./',0)*")+./!'-")0H)?e)
2I<JCKIL7M8N)O)!"#$%"$&'()*&#12$&,' "S76RMJJNLN8S)O)/%&.+'M$'A8.2Tn$))
-$")%KNKL#$'$.'-/0' "8JNM;878S)O'72%M[8))
*MJPMQRM8N)O)-$")%KNKL#$))))) *7SN)O)
/MSTN)O)a$Og.$9$%. -R7JJN)O)H:9$'M$'NS6J)
-IKN)O'5->+>G !VWVTN8PNJ)O'p$TKL;8=)#$,'=;KL;899$'M2'''CB!'
$.'L2#M$'$%'8==2#'82'=;KL;899$+)))
+7SVTMNR)KMK7PSMX<N)O)98&.#",'=$#%.2;$'V'$82'K2'V'
)2#N$,';K2N$82,'T;K&&$,'=8=#$;'<9$;#+'')))'
-ILQVSN8PN)
&2"":&' $.' M$' 98%#:;$' 8""$=.8TN$' M$&' &#.28.#K%&' U8#&8%.' 8==$N' V' M$&' &8OK#;&' $&&$%.#$N&' M$' N8'
"8.<LK;#$)W'58#&K%'X+'
"#'=;$%M'&$&'<N:O$&,'N$&'"K%M2#.&'82=;:&'MS2%'"8;;$N$2;+'0K99$%.'=;K"<M$;'c'
'E .-/'\'/"2)'0'/'.&"2
QTVPVKN8SNJ
] b2$N&'&K%.'N$&'98.<;#82Z ] 682'\
#%M#&=$%&8TN$&'=K2;'N$&'.;8O82Z'M$ ] "#9$%.'L;#&'\
"8;;$N8L$'MS2%$'98#&K%'c ] "#9$%.'TN8%"'\
] "8;;$82Z+
=E +ISMZ7SMI8)]*VPI<ZNTSN^ =E-ILQTV_N8JMI8)KN)R7)JMS<7SMI8
- C$98%M$;' 82Z' <N:O$&' M$' N#;$ ] 7$".2;$'&#N$%"#$2&$'=8;'.K2&'N$&'<N:O$&'=2#&'V

&#N$%"#$2&$9$%.' =2#&' V' )82.$' OK#Z' N8 )82.$'OK#Z'=8;'2%'K2'M$2Z'<N:O$&+
&#.28.#K%+
] C$98%M$;'82Z'<N:O$&'MS$Z=N#12$;'N8 ] 6Z=N#"8.#K%'M$'N8'&#.28.#K%'=8;'N$&'<N:O$&'$%
&#.28.#K%'$%'N$2;&'=;K=;$&'.$;9$&'$. N$2;&'=;K=;$&'.$;9$&
M$';$N$O$;'N$&'<N<9$%.&'"N<&+
''E .-/'\'/"2)#!'0-'#.&"2
a$=8;.#;'N$&'<N:O$&'$%'&K2&]L;K2=$&'$.'N$2;' ] $%M2#&8L$'M$&'92;&'$%'98&.#"'\
M$98%M$;'M$'9$%$;'M$&'8".#K%&'&2""$&&#O$&' ] =K%Y8L$'M$&'92;&'\
=K2;';<8N#&$;'N$';$Og.$9$%.'92;8N+' ] T8M#L$K%%8L$'M$&'92;&'M$'=$#%.2;$'V'$82
K2'V')2#N$+
'''E 2F0/A"2"
Ja8S_[JN)
0K99$%.'=;K":M$].]K%'=K2;';<8N#&$;'N$' (K2;';<8N#&$;'N$';$Og.$9$%.'92;8N'$%'=$#%.2;$,'K%'
;$Og.$9$%.'92;8N'$%'=$#%.2;$c' =;K":M$'M$'N8'98%#:;$'&2#O8%.$'R'
106
215(
]'
$%M2#;$'N$&'92;&'M$'98&.#"'\'
]'
=K%"$;'N$&'92;&'\'
]'
T8M#L$K%%$;'N$&'92;&'M$'=$#%.2;$'V'$82'
K2'V')2#N$+'
'\E) "\.&$./',0)
?E) \VTMWMP7SMI8)KNJ)7PX<MJ) ?E!VQI8JNJ)7<Y)X<NJSMI8J)
]' 6%'12K#'"K%&#&.$'N$';$Og.$9$%.' 7$';$Og.$9$%.'92;8N'$%'=$#%.2;$'"K%&#&.$'V'R'
92;8N'$%'=$#%.2;$c' ]' $%M2#;$'N$&'92;&'M$'98&.#"'\'
) ]' =K%"$;'N$&'92;&'\'
) ]' T8M#L$K%%$;'N$&'92;&'M$'=$#%.2;$'V'$82'
) K2'V')2#N$'
) '
=E) 2MS<7SMI8)JMLMR7MTN) =E/T7MSNLN8S)KN)R7)JMS<7SMI8E)
) )
a$Og.$9$%.'92;8N'$%'U8z$%"$') 7$&'<N:O$&'M$O;K%.'=;K"<M$;'82';$Og.$9$%.'92;8N'
$%'U8z$%"$'$%'2.#N#&8%.'N$&'.$")%#12$&'M$'
"8;;$N8L$+''
-!'/"!"2)*3"\.&$./',0)
>+' 'SNLJ)) I+'/T7MSNLN8S)KN)R7)JMS<7SMI8)JMLMR7MTN)
a<=K%&$'"K;;$".$'R'F3F' 8Q' ($;.#%$%"$'R'>3>'
TQ' !.;2".2;$'R'''>3>'
"Q' a<&2N.8.'R'''''I3I'
)
)
'
'
'
'
'
5'-A")*b"B#&,'/./',0)*")+./!'-")0l)?g)
2I<JCKIL7M8N)O)!"#$%"$&'()*&#12$&,' "S76RMJJNLN8S)O)0KNN:L$'M$'?*8%L8)
-$")%KNKL#$'$.'-/0' "8JNM;878S))))))O)-$9TK'A8n8*8)
*MJPMQRM8N)))))))O)-$")%KNKL#$''')))))))))))))))))))))))*7SN))))))))))))))))))O))
/MSTN))))))))))))))O)7$'(N8UK%M' -R7JJN)))))))))))))))O)H:9$'B%%<$'6J'
-,*"))))))))))'R'5->+>>'''' !VWVTN8PNJ)O) 58%2$N' M$' -$")%KNKL#$' >,'
) n$TKL;8=)#$'
C#".#K%%8#;$'6%"8;.8,'=;KL;899$'M2'CB!,'L2#M$'$%'
8==2#'82'=;KL;899$+''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''
+7SVTMNR)KMK7PSMX<N)O)-;#=N$Z,'N8..$&,'")$O;K%&,'
"NK2&,'<12$;;$,'"KNN$,'98;.$82d'''''''''''')
-ILQVSN8PN))
$.' M$' 98%#:;$' 8""$=.8TN$' M$&' &#.28.#K%&' U8#&8%.' 8==$N' V' M$&' &8OK#;&' $&&$%.#$N&' M$' N8' "8.<LK;#$'
W'58#&K%'X+'
"YNLQRN)KN)JMS<7SMI8))
7S/%&.#.2.'A2&8M#q8'%K2O$NN$9$%.';<)8T#N#.<'8""2$#NN$'N$&'<N:O$&'M$'N8'H:9$'8%%<$'M$'NS6J'M8%&'2%$'
&8NN$'M$'"N8&&$'%K%'$%"K;$'=N8UK%%<$+'7S<"KN$'"K%&2N.$'2%'=N8UK%%$2;'12#'U8#.'M$&'=;K=K&#.#K%&'V'
NS$%&$#L%8%.+'0$N2#]"#'$%'U8#.'2%$'8==N#"8.#K%'M2'"K2;&'M$'.$")%KNKL#$'=K2;'N8'=K&$'M2'=N8UK%M'12#'
&$;O#;8'V'&.8T#N#&$;'N8'.$9=<;8.2;$'M8%&'N8'&8NN$'P$%'#&KN8%.'N8'")8N$2;Q+'/N'M$98%M$'82Z'<N:O$&'M$'
=;<=8;$;'$.'MS$Z<"2.$;'N$'=;K[$.+'
107
21-(
'E) .-/'\'/"2)'0'/'.&"2)
?E) \VTMWMP7SMI8) KNJ) PI887MJJ78PNJ) KN) ?E!VQI8JNJ)KNJ)VR[ZNJ)
PI887MJJ78PNJ)QTVPVKN8SNJE) )
6%'12K#'"K%&#&.$'N$';$Og.$9$%.'92;8N'$%' 7$';$Og.$9$%.'92;8N'$%'=$#%.2;$'"K%&#&.$'V'R'
=$#%.2;$c' ]' $%M2#;$'N$&'92;&'M$'98&.#"'\'
' ]' =K%"$;'N$&'92;&'\'
' ]' T8M#L$K%%$;'N$&'92;&'M$'=$#%.2;$'V'$82'K2'V'
' )2#N$'
' =E)-ILQTV_N8JMI8)KN)R7)JMS<7SMI8)
=E)+ISMZ7SMI8)]*VPI<ZNTSN^) ]' 7$".2;$'&#N$%"#$2&$'=8;'.K2&'N$&'<N:O$&'=2#&'
C' C$98%M$;' 82Z' <N:O$&' M$' N#;$' V')82.$'OK#Z'=8;'2%'K2'M$2Z'<N:O$&+'
&#N$%"#$2&$9$%.' =2#&' V' )82.$' OK#Z' N8' ]' 6Z=N#"8.#K%'M$'N8'&#.28.#K%'=8;'N$&'<N:O$&'$%'
&#.28.#K%+' N$2;&'=;K=;$&'.$;9$&'
C' C$98%M$;'82Z'<N:O$&'MS$Z=N#12$;'N8'
&#.28.#K%'$%'N$2;&'=;K=;$&'.$;9$&'$.'M$'
;$N$O$;'N$&'<N<9$%.&'"N<&+'
''E.-/'\'/"2)#!'0-'#.&"2)
,T;78MJ7SMI8)KN)R7)PR7JJN)NS)PI8JM;8NJ) .PSMZMSVJ)J<T)RN)S76RN7<)KN)JQVPMWMP7SMI8''
!$=8;.#;'N$&'<N:O$&'$%'&K2&]L;K2=$&'$.'N$2;' C' 08N"2N'M$'NS8#;$'V'=N8UK%%$;'
M$98%M$;' M$'9$%$;' M$&' 8".#K%&' C' C<.$;9#%8.#K%'M$'N8'&2=$;U#"#$'M2'M89#$;)
&2""$&&#O$&' =K2;' NS<N8TK;8.#K%' M2' M$O#&' $.' C' 0)K#Z'M$&'98.<;#$N&'$.'98.<;#82Z'8==;K=;#<&)
NS8"12#&#.#K%'M$'98.<;#$N&'$.'98.<;#82Z'MS2%' C' 6N8TK;8.#K%'M2'M$O#&)
=N8UK%M+' C' B"12#&#.#K%'M$'98.<;#$N&'$.'98.<;#82Z+)
'''E)2F0/A"2")
' Ja8S_[JN)
b2S$&.]"$' 12$' N$' =N8UK%M' $.' V' 12K#' &$;.' N$' 7$' =N8UK%M' MS2%$' 98#&K%' $&.' 2%$' &2;U8"$'
=N8UK%M'M8%&'2%$'98#&K%'c' )K;#_K%.8N$'UK;98%.'N8'=8;.#$'&2=<;#$2;$'MS2%$'=#:"$+'
' /N'&$;.'V'#&KN$;'N8'")8N$2;'M8%&'N8'98#&K%+'
b2$NN$&' &K%.' N$&' 8".#K%&' V' 9$%$;' 8O8%.' N8' BO8%.'M$'=K&$;'N$'=N8UK%M'#N'U82.'R'
=K&$'M2'=N8UK%M'M8%&'N8'98#&K%'c) C' 08N"2N$;'NS8#;$'V'=N8UK%%$;'
' C' C<.$;9#%$;'N8'&2=$;U#"#$'M2'M89#$;)
C' 0)K#&#;'N$&'98.<;#$N&'$.'98.<;#82Z'8==;K=;#<&)
C' 6N8TK;$;'N$'M$O#&)
C' B"12<;#;'N$&'98.<;#$N&'$.'98.<;#82Z+'
'\E"\.&$./',0)
?E)\VTMWMP7SMI8)KNJ)7PX<MJ) ?E!VQI8JNJ)7<Y)(<NJSMI8J)
) )
8Q' 0K99$%.' #&KN$;' N8' 98#&K%' "K%.;$' N8' 8Q' 6%'=K&8%.'N$'=N8UK%M'
")8N$2;'M$&'.{N$&'c' '
' '
TQ' b2$N&'&K%.'N$&'98.<;#82Z'%<"$&&8#;$&' 6^) D%' 2.#N#&$' N$&' 98.<;#82Z' &2#O8%.&' R' -;#=N$Z,'
2.#N#&<&' =K2;' =K&$;' N$' =N8UK%M' M8%&' N8' ")$O;K%&,'N8..$&,'"NK2&'d)
98#&K%'c' )
' )
' )
108
21.(
(N8UK%%$;' 2%$' &8NN$' M$' "N8&&$' $%' 2.#N#&8%. 7$&' <N:O$&' =;K":M$%.' 82' =N8UK%%8L$' M$' N8' &8NN$' M$
N$&'%8..$&+ "N8&&$'$%'2.#N#&8%.'N$&'%8..$&+
-!'/"!"2)*3"\.&$./',0)
?E '/"+2 =E /!.'/"+"0/)*")&.)2'/$./',0)2'+'&.'!"
8Q a<=K%&$&'"K;;$".$&'R'>3> 8Q ($;.#%$%"$'R'''>3>
TQ a<=K%&$&'"K;;$".$&'R'I3I TQ !.;2".2;$'''R'''I3I
"Q a<&2N.8.'''''R''''F3F
5'-A")*b"B#&,'/./',0)*")+./!'-")0l)?h)
2I<JCKIL7M8N)O)!"#$%"$&'()*&#12$&,' "S76RMJJNLN8S)O)0KNN:L$'M$'?*8%L8)
-$")%KNKL#$'$.'-/0' "8JNM;878S))))))O)-$9TK'A8n8*8)
*MJPMQRM8N)))))))O)-$")%KNKL#$''' *7SN) O)
/MSTN))))))))))))))))O)))7$'(N8UK%M)' -R7JJN)))))))))))))))O)H:9$'B%%<$'6J)
-,*"))))))))))'''R'5->+>>''''' !VWVTN8PN)O) 58%2$N' M$' -$")%KNKL#$,' n$T'
L;8=)#$,' =;KL;899$' M2' CB!,' L2#M$' $%' 8==2#' 82'
=;KL;899$+'''''''
+7SVTMNR) KMK7PSMX<N)O) -;#=N$Z,' ")$O;K%&,' N8..$&,'
"NK2&d'
-ILQVSN8PN)
&2"":&' $.' M$' 98%#:;$' 8""$=.8TN$' M$&' &#.28.#K%&' U8#&8%.' 8==$N' V' M$&' &8OK#;&' $&&$%.#$N&' M$' N8'
"8.<LK;#$'W'58#&K%'X+''
)7S/%&.#.2.'A2&8M#q8'%K2O$NN$9$%.';<)8T#N#.<'8""2$#NN$'N$&'<N:O$&'M$'N8'H:'8%%<$'M$'NS6J'M8%&'2%$'
&8NN$'M$'"N8&&$'%K%'$%"K;$'=N8UK%%<$+'7S<"KN$'"K%&2N.$'2%'=N8UK%%$2;'12#'U8#.'M$&'=;K=K&#.#K%&'V'
NS$%&$#L%8%.+'0$N2#]"#'$%'U8#.'2%$'8==N#"8.#K%'M2'"K2;&'M$'.$")%KNKL#$'=K2;'N8'=K&$'M2'=N8UK%M'12#'
&$;O#;8'V'&.8T#N#&$;'N8'.$9=<;8.2;$'M8%&'N8'&8NN$'P$%'#&KN8%.'N8'")8N$2;Q+'/N'M$98%M$'82Z'<N:O$&'M$'
=;<=8;$;'$.'MS$Z<"2.$;'N$'=;K[$.+'
'E .-/'\'/"2)'0'/'.&"2
?E \VTMWMP7SMI8) KNJ) PI887MJJ78PNJ ?E!VQI8JNJ)KNJ)VR[ZNJ
QTVPVKN8SNJ
- B' 12K#' &$;.' N$' =N8UK%M' M8%&' 2%$ 7$'=N8UK%M'&$;.'V'#&KN$;'N8'")8N$2;'M8%&'2%$'98#&K%'
98#&K%'c
- b2$N&' &K%.' N$&' 98.<;#82Z' 2.#N#&<& 0)$O;K%&,'.;#=N$Z,'N8..$&,'"NK2&,'O#&d'
=K2;'=K&$;'N$'=N8UK%M
C C$98%M$;' 82Z' <N:O$&' M$' N#;$ ] 7$".2;$'&#N$%"#$2&$'=8;'.K2&'N$&'<N:O$&'=2#&'V
&#N$%"#$2&$9$%.' =2#&' V' )82.$' OK#Z' N8 )82.$'OK#Z'=8;'2%'K2'M$2Z'<N:O$&+
&#.28.#K%+
C C$98%M$;' 82Z' <N:O$&' MS$Z=N#12$;' N8 ] 6Z=N#"8.#K%'M$'N8'&#.28.#K%'=8;'N$&'<N:O$&'$%'N$2;&
&#.28.#K%' $%' N$2;&' =;K=;$&' .$;9$&' $. =;K=;$&'.$;9$&
M$';$N$O$;'N$&'<N<9$%.&'"N<&+
109
21/(
''E.-/'\'/"2)#!'0-'#.&"2)
,T;78MJ7SMI8)KN)R7)PR7JJN)NS)-I8JM;8N) .PSMZMSVJ)J<T)RN)S76RN7<)KN)JQVPMWMP7SMI8)
' '
a$=8;.#;' N$&' <N:O$&' $%' &K2&]L;K2=$&' $.' -& C<"K2=8L$' M$&' 98.<;#82Z' &$NK%' N$&' M#9$%&#K%&'
N$2;' M$98%M$;' M$'9$%$;' M$&' 8".#K%&' ;$12#&$&'
&2""$&&#O$&' =K2;' =K&$;' N$' =N8UK%M' $.' -& !"$NN8L$'M$&'")$O;K%&'M8%&'N$&'92;&'M$'98%#:;$'
NS$%M2#;$'M$'=$#%.2;$+' V'UK;9$;'N$'M89#$;'
-& 0NK28L$'M2'=N8UK%M'
-& f#&&8L$'M$&'=N812$&'12#'UK;9$%.'N$'=N8UK%M'
-& (K&$' M2' =N8UK%M' $.' $%M2#&8L$' 8O$"' N8' =$#%.2;$'
TN8%")$+''
'''E)2F0/A"2")
C<";#;$'N$&'<.8=$&'%<"$&&8#;$&'V'N8'=K&$' Ja8S_[JN)
MS2%'=N8UK%M' 78' =K&$' M2' =N8UK%M' MS2%$' 98#&K%' =8&&$' =8;' N$&'
' <.8=$&'&2#O8%.$&'R'
' -& "8N"2N$;'NS8#;$'M$'N8'&2;U8"$'V'=N8UK%%$;'
' -& 8"12<;#;' N$&' 98.<;#82Z' $.' N$&' 98.<;#$N&' M$'
' .;8O8#N'
-& M<"K2=$;' N$&' 98.<;#82Z' &$NK%' N$&' M#9$%&#K%&'
;$12#&$&'
-& &"$NN$;'N$&'")$O;K%&'M8%&'N$&'92;&'
-& "NK2$;' $.' O#&&$;' N$&' =N812$&' M$' .;#=N$Z' 12#'
UK;9$%.'N$'=N8UK%M'
-& =$#%M;$')8;9K%#$2&$9$%.'N$'=N8UK%M+'''
'\E"\.&$./',0)
?E)\VTMWMP7SMI8)KNJ)7PX<MJ) ?E)!VQI8JNJ)7<Y)(<NJSMI8J)
) '
8Q' b2$N&' &K%.' N$&' 98.<;#82Z' 2.#N#&<&' 8Q' -;#=N$Z,'")$O;K%&,'N8..$&,'O#&+'
=K2;'=K&$;'N$'=N8UK%M'c' '
' '
TQ' b2$'=$2.]K%'U8#;$'=K2;'$9T$NN#;'N$' TQ' 6%M2#;$'N$'=N8UK%M'M$'N8'=$#%.2;$'TN8%")$+'
=N8UK%M'MS2%$'98#&K%c' )
=E)2MS<7SMI8)JMLMR7MTNE)) =E)/T7MSNLN8S)KN)R7)JMS<7SMI8)
C$98%M$;' 82Z' <N:O$&' M$' =N8UK%%$;' N8' 7$&' <N:O$&' =N8UK%%$%.' N8' &8NN$' 8T;#.8%.' N8' "8%.#%$'
&8NN$'8T;#.8%.'N8'"8%.#%$'&"KN8#;$+) &"KN8#;$+'
'
-!'/"!"2)*3"\.&$./',0)
?E)'SNLJ)))))))))))))))))))))))))))))))))))))))))))))))))))))))))=E)/T7MSNLN8S)KN)R7)JMS<7SMI8)JMLMR7MTN)
8Q'a<=K%&$'"K;;$".$'R'I3I''''''''''''''''''''''''''''''''8Q'($;.#%$%"$'R''''>3>)
TQ'a<=K%&$'"K;;$".$'R'I3I''''''''''''''''''''''''''''''''TQ'!.;2".2;$'''R''''I3I)
''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''"Q''a<&2N.8.'''''R'''F3F)
'
'
'
'
'
'
110
221(
5'-A")*b"B#&,'/./',0)*")+./!'-")0l)?@)
2I<JCKIL7M8N)O)!"#$%"$&'()*&#12$&,' "S76RMJJNLN8S)O)7*"<$'52q)#%M8)
-$")%KNKL#$'$.'-/0' "8JNM;878S))))))O)/.29T8'A#%M89T8)
*MJPMQRM8N)))))))O)-$")%KNKL#$''' *7SN) )))))))))O)
/MSTN))))))))))))))))O)))B9$2TN$9$%.' -R7JJN)))))))))))))))O)H:9$'B%%<$'6J)
-IKN))))))))))))'R'5->+>I''''' !VWVTN8PN)O) 58%2$N' M$' -$")%KNKL#$,' n$T' L;8=)#$,'
=;KL;899$' M2' CB!,' L2#M$' $%' 8==2#' 82'
=;KL;899$+'''''''
+7SVTMNR)KMK7PSMX<N)O)TK#&,'9:.;$''=N#8%.d'
-ILQVSN8PN)
&2"":&' $.' M$' 98%#:;$' 8""$=.8TN$' M$&' &#.28.#K%&' U8#&8%.' 8==$N' V' M$&' &8OK#;&' $&&$%.#$N&' M$' N8'
"8.<LK;#$'W'58#&K%'X+''
7$'=:;$'M$'NS<N:O$'5(/B'M$'N8'H:'8%%<$'M$'NS6J'M$'NS/%&.#.2.'5KN$%M$'V'J@5JB'&K2)8#.$'9$2TN$;'
&8'98#&K%+'C$O8%.'N8'92N.#.2M$'M$&'9$2TN$&'&2;'N$'98;")<'PU82.$2#N,'")8#&$,'.8TN$,'+++Q,'#N'&$'.;K2O$'
M8%&' NS$9T8;;8&' M2' ")K#Z+' /N' O$2.' &8OK#;' &2;' 12K#' K%' =$2.' &$' T8&$;' =K2;' U8#;$' 2%' TK%' ")K#Z' M$&'
9$2TN$&+' /N' ;$%"K%.;$' NS$%&$#L%8%.' M$' -$")%KNKL#$' M$' &$&' $%U8%.&' M$' N8' H:' B%%<$' M$' NS6J' =K2;'
8OK#;'12$N12$&';$%&$#L%$9$%.&+'0$N2#]"#'8*8%.'.;K2O<'N8'12$&.#K%'#%.<;$&&8%.$,'89:%$'N$&'<N:O$&'
")$_'2%'9$%2#&#$;'=K2;'8"12<;#;'M$&'#%UK;98.#K%&';$N8.#O$&'V'&8'=;<K""2=8.#K%'
'E .-/'\'/"2)'0'/'.&"2
QTVPVKN8SNJ
- B' 12K#' &$;.' N$' =N8UK%M' M8%&' 2%$ 7$'=N8UK%M'&$;.'V'#&KN$;'N8'")8N$2;'M8%&'2%$'98#&K%'
98#&K%'c
- b2$NN$' $&.' N8' "K2N$2;' M$' =$#%.2;$
8==;K=;#<$''=K2;'N$'=N8UK%M'c 78'"K2N$2;'TN8%")$'
] C$98%M$;'82Z'<N:O$&'M$'N#;$ ] 7$".2;$'&#N$%"#$2&$'=8;'.K2&'N$&'<N:O$&'=2#&'V
&#N$%"#$2&$9$%.'=2#&'V')82.$'OK#Z )82.$'OK#Z'=8;'2%'K2'M$2Z'<N:O$&+
N8'&#.28.#K%+ ] 6Z=N#"8.#K%'M$'N8'&#.28.#K%'=8;'N$&'<N:O$&'$%
] C$98%M$;'82Z'<N:O$&'MS$Z=N#12$; N$2;&'=;K=;$&'.$;9$&
N8'&#.28.#K%'$%'N$2;&'=;K=;$&'.$;9$&
$.'M$';$N$O$;'N$&'<N<9$%.&'"N<&+
''E.-/'\'/"2)#!'0-'#.&"2
,T;78MJ7SMI8)KN)R7)PR7JJN)NS)PI8JM;8N) .PSMZMSVJ)J<T)RN)S76RN7<)KN)JQVPMWMP7SMI8'
" 9$&2;8L$' M$&' M#9$%&#K%&' M$' M#UU<;$%.$&
a$=8;.#;' N$&' <N:O$&' $%' &K2&]L;K2=$&' $.' =#:"$&
N$2;' M$98%M$;' M$'9$%$;' M$&' 8".#K%&' " #M$%.#U#"8.#K%'M$&'9$2TN$&'V'8")$.$;
&2""$&&#O$&'=K2;'9$2TN$;'2%$'98#&K%+' " ")K#Z'MS2%'9KM:N$'M$'9$2TN$'=;8.#12$,'&KN#M$,
$.'U8"#N$'V'$%.;$.$%#;
" 8==;<"#8.#K%' M2' =;#Z' MS8")8.' =8;' ;8==K;.' V' N8
128N#.<'M2'9$2TN$
" 8"12#&#.#K%'M2'9$2TN$
" "N8&&$9$%.'M$&'9$2TN$&'M8%&'N8'98#&K%+
111
222(
'''E)2F0/A"2")
) Ja8S_[JN)
]' b2S$&.]"$'12$'NS89$2TN$9$%.'c' ]' 7S89$2TN$9$%.' $&.' NS$%&$9TN$' M$&' 9$2TN$&' $.'
' M$&' KT[$.&' 12#' L8;%#&&$%.' $.' M<"K;$%.' 2%$'
' )8T#.8.#K%+''
]' 0#.$_'12$N12$&'9$2TN$&+' ]' B;9K#;$,'.8TN$,'")8#&$,'N#.d''
]' b2$N&' &K%.' N$&' ";#.:;$&' MS2%' TK%' ]' @%'TK%'89$2TN$9$%.'.#$%.'"K9=.$'R'
89$2TN$9$%.'c' •' M$&'M#9$%&#K%&'M$'N8'=#:"$'V'9$2TN$;'\''
•' M$'N8'128N#.<'M$&'9$2TN$&'\''
•' M2'TK#&'2.#N#&<'\''
•' M2'"N8&&$9$%.'M$&'9$2TN$&'M8%&'N8'98#&K%+'
'\E"\.&$./',0)
?E)\VTMWMP7SMI8)KNJ)7PX<MJ) ?E)!VQI8JNJ)7<Y)(<NJSMI8J)
) )
8Q' b2$NN$&' &K%.' N$&' 128N#.<&' MS2%' 8Q' @%' TK%' 9$2TN$' MK#.' g.;$' =;8.#12$,' &KN#M$,' $.'
TK%'9$2TN$'=K2;'N8'98#&K%'c' U8"#N$'V'$%.;$.$%#;'
TQ' (K2;12K#' MK#.]K%' 9$&2;$;' N$&' TQ' (K2;' ";<$;' 2%$' )8;9K%#$' M8%&' N8' M#&=K&#.#K%'
M#9$%&#K%&' M$' N8' =#:"$' 8O8%.' M$' NK;&'M$'NS89<%8L$9$%.'M$&'9$2TN$&+'
N8'9$2TN$;'c' '
' )
=E)2MS<7SMI8)JMLMR7MTNE) =E)/T7MSNLN8S)KN)R7)JMS<7SMI8)
a$%K2O:N$9$%.' M$&' 9$2TN$&) MS2%$' 7$&'<N:O$&'.;8#.$%.'N8'&#.28.#K%+'
98#&K%+'
-!'/"!"2)*3"\.&$./',0)
))))))))?E)'SNLJ))))))))))))))))))))))))))))))))))))))))))))))))))))))))))=E)/T7MSNLN8S)KN)R7)JMS<7SMI8)JMLMR7MTN)
8Q' a<=K%&$'"K;;$".$'R'I3I'''''''''''''''''''''''''''''''''8Q'($;.#%$%"$'R'>3>)
TQ' a<=K%&$'"K;;$".$'R'I3I'''''''''''''''''''''''''''''''''TQ'!.;2".2;$'''R'''I3I)
''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''"Qa<&2N.8.'''''R'''F3F)
'
'
5'-A")*b"B#&,'/./',0)*")+./!'-")0l)?i)
2I<JC*IL7M8N)O)!"#$%"$&'()*&#12$&,' "S76RMJJNLN8S)O)0KNN:L$'?C6?E6•B)
-$")%KNKL#$'$.'-/0' "8JNM;878S))))))O)A8%qKNK%LK)
*MJPMQRM8N)))))))))O)-$")%KNKL#$''')))))))))))))))))))))))*7SN))))))))))))))))))O))
/MSTN))))))))))))))))))O)C<"K;8.#K%'' -R7JJN))))))))))))))O)H:9$'B%%<$'6J'
-IKN))))))))))'''''''R'5->+>F'''' !VWVTN8PN)O'58%2$N'M$'-$")%KNKL#$,'n$TK'L;8=)#$,'
) =;KL;899$'M2'CB!,'L2#M$'$%'8==2#'82'=;KL;899$))
+7SVTMNR)KMK7PSMX<N)O)-#&&2&'M$'=N2&#$2;&''
"K2N$2;&,'9K;"$82'M$'"2#;,d''''''''''''
-ILQVSN8PN))))))))))
&2"":&' $.' M$' 98%#:;$' 8""$=.8TN$' M$&' &#.28.#K%&' U8#&8%.' 8==$N' V' M$&' &8OK#;&' $&&$%.#$N&' M$' N8'
"8.<LK;#$'W'58#&K%'X+''
7$&' U#%#.#K%&' M$' N8' 98#&K%' M$' 5898%' 52&8n2' &K%.' $%U#%' .$;9#%<$&+' 58#&' 8O8%.' MSK""2=$;' &8'
98#&K%,' $NN$' &K2)8#.$' 12S$NN$' &K#.' My9$%.' M<"K;<$+' 6NN$' =;$%M' "K%&$#N' 82=;:&' M$' NS$%&$#L%8%.' M$'
112
22,(
-$")%KNKL#$' M$' &K%' U#N&+' 7S$%&$#L%8%.' 89:%$' &$&' <N:O$&' V' $Z=NK;$;' N8'98#&K%+'7$'&8NK%'$&.'=$.#.'
$.'N$&'K2O$;.2;$&'<L8N$9$%.+'7$'=N8UK%M'$&.'T8&+'7S<"N8#;8L$' $&.' MK%"' #%&2UU#&8%.+' E2#M<&' =8;' N$2;'
$%&$#L%8%.,' N$&' <N:O$&' MK#O$%.' =;K=K&$;' V' "$..$'M89$'2%$'M<"K;8.#K%'12#'=8NN#$'82Z'U8#NN$&'M$'N8'
98#&K%+'
'E) .-/'\'/"2)'0'/'.&"2)
?E)\VTMWMP7SMI8)KNJ)PI887MJJ78PNJ) ?E)!VQI8JNJ)7<Y)X<NJSMI8J)
QTVPVKN8SNJ) )
]' b2$NN$&' &K%.' N$&' 128N#.<&' MS2%' TK%' 9$2TN$' ]' @%'TK%'9$2TN$'MK#.'g.;$'=;8.#12$,'&KN#M$,'$.'
=K2;'N8'98#&K%'c' U8"#N$'V'$%.;$.$%#;'
]'b2S$&.]"$'12$'NS89$2TN$9$%.'c' ]' 7S89$2TN$9$%.'$&.'NS$%&$9TN$'M$&'9$2TN$&'
' $.'M$&'KT[$.&'12#'L8;%#&&$%.'$.'M<"K;$%.'2%$'
' )8T#.8.#K%+''
=E)+ISMZ7SMI8)]*VPI<ZNTSN^) =E)-ILQTV_N8JMI8)KN)R7)JMS<7SMI8)
C$98%M$;'82Z'<N:O$&'M$'PMSQ'R' '
]' N#;$' &#N$%"#$2&$9$%.' =2#&' V')82.$' OK#Z'N8' ]' 7$".2;$'&#N$%"#$2&$'=8;'.K2&'N$&'<N:O$&'=2#&'
&#.28.#K%+' V')82.$'OK#Z'=8;'2%'K2'M$2Z'<N:O$&+'
]' $Z=N#12$;' N8' &#.28.#K%' $%' N$2;&' =;K=;$&' ]' 6Z=N#"8.#K%'M$'N8'&#.28.#K%'=8;'N$&'<N:O$&'$%'
.$;9$&'$.'M$';$N$O$;'N$&'<N<9$%.&'"N<&+' N$2;&'=;K=;$&'.$;9$&'
''E.-/'\'/"2)#!'0-'#.&"2)
,T;78MJ7SMI8)KN)R7)PR7JJN)NS)PI8JM;8NJ) .PSMZMSVJ)J<T)RN)S76RN7<)KN)JQVPMWMP7SMI8''
a$=8;.#;' N$&' <N:O$&' $%' &K2&]L;K2=$&' $.' N$2;' ]' #%O#.8.#K%'MS2%'=$#%.;$'
M$98%M$;' M$'9$%$;' M$&' 8".#K%&' ]' &<N$".#K%'M$'N8'=$#%.2;$'M$'.$#%.'"N8#;'
&2""$&&#O$&'M$'M<"K;8.#K%'MS2%$'98#&K%' ]' )8T#NN8L$' M$&' 9$2TN$&' 8O$"' M$&' .#&&2&' M$'
' .$#%.'"N8#;'
]' ")K#Z' M$&' 9$2TN$&' $%' .$%8%.' "K9=.$' M$&'
M#9$%&#K%&'M$'=#:"$&'
]' "N8&&$9$%.'M$&'9$2TN$&'M$'U8YK%'V'<O#.$;'
NS$%"K9T;$9$%.'\'
]' ;$%UK;"$9$%.' M$' NS<"N8#;8L$' M$' N8' 98#&K%'
L;x"$'V'N8'N29#:;$'8;.#U#"#$NN$'
]' /%&.8NN8.#K%' M$&' 8==N#12$&' 92;8N$&' =K2;'
<"N8#;$;'N$&'KT[$.&'MS8;.'&2;'N$&'92;&''
]' U#Z8.#K%' M$&' .8TN$82Z' M$' =8*&8L$&' 82Z'
92;&'
'''E)2F0/A"2")
) Ja8S_[JN)
]' b2$NN$'$&.'NS2.#N#.<'M$'N8'M<"K;8.#K%'c' ]' (8NN#$;'V'"$;.8#%&'M<U82.&'M$'N8'98#&K%''
]' 0K99$%.' =$2.]K%' 82L9$%.$;' NS<"N8#;8L$' '
%8.2;$N'M8%&'N8'98#&K%'c' ]' /%&.8NN8.#K%' M$' N8' N29#:;$' 8;.#U#"#$NN$' $.' M$&'
]' C$' 12$NN$' 98%#:;$' O8].]K%' ";<$;' 2%$' KT[$.&'MS8;.'82Z'.K%&'")82M&+'
8.9K&=):;$' M$' T$82.<' $.' ]' 6%' =N8Y8%.' N$&' 8==N#12$&' 92;8N$&' =K2;'
MS$&.)<.#12$'M8%&'N8'98#&K%'c'' <"N8#;$;' N$&' KT[$.&' MS8;.' &2;' N$&' 92;&'
]' 0K99$%.' =K2O$_]OK2&' "K%.;#T2$;' V' P.8TN$82Z,'=K;.;8#.&,'&.8.2$&Q+'
";<$;' 2%$' 8.9K&=):;$' M2' T$82' $.' M$' '
N29#:;$'M8%&'N8'98#&K%'c' ]' 6%'M$&&#%8%.'M$&'=8*&8L$&'$.'M$&'KT[$.&'V'
=$%M;$'82Z'92;&'
113
220(
'\E"\.&$./',0)
?E)\VTMWMP7SMI8)KNJ)7PX<MJ) ?E!VQI8JNJ)7<Y)(<NJSMI8J)
]'0K99$%.'U82.]#N'M#&=K&$;'N$&'9$2TN$&'M8%&' ]' C#&=K&$;' N$&' 9$2TN$&' M$' U8YK%' V' <O#.$;' N$&'
N8'98#&K%'c' $%"K9T;$9$%.&'M8%&'N8'98#&K%+'
' '
]'b2$N'$&.'N$';{N$'M$&'8==N#12$&'92;8N$&'c' ]'6"N8#;$;'N$&'KT[$.&'MS8;.''
]'(K2;12K#'U82.'u#N'2.#N#&$;'M$&'=$#%.2;$&'M$' ]' (K2;' MK%%$;' NS#9=;$&&#K%' M$' L;8%M' $&=8"$' $.'
.$#%.$&'"N8#;$&'c' "K%.;#T2$;'V'NS<"N8#;8L$'M$'N8'98#&K%'
' )
=E)2MS<7SMI8)JMLMR7MTNE)) =E/T7MSNLN8S)KN)R7)JMS<7SMI8)
' ) '
78'M<"K;8.#K%'MS2%$'&8NN$'M$'Ug.$+'' 7$&' <N:O$&' M<"K;$%.' N8' &8NN$' M$' Ug.$' $%' 2.#N#&8%.'
M$&'KT[$.&'8==;K=;#<&'V'N8'98%#U$&.8.#K%+'
-!'/"!"2)*3"\.&$./',0)
))))))))?E)'SNLJ))))))))))))))))))))))))))))))))))))))))))))))))))))))))=E)/T7MSNLN8S)KN)R7)JMS<7SMI8)JMLMR7MTN)
''8Q'a<=K%&$'"K;;$".$'R'>3>'''''''''''''''''''''''''''''''''''8Q'($;.#%$%"$'R''''>3>'
''TQ'a<=K%&$'"K;;$".$'R'I3I'''''''''''''''''''''''''''''''''''TQ'!.;2".2;$'''R'''''I3I)
''"Q'a<=K%&$'"K;;$".$'R'I3I'''''''''''''''''''''''''''''''''''"Q'a<&2N.8.'''''R''''I3I)
'
'
'
'
'
'
5'-A")*b"B#&,'/./',0)*")+./!'-")0l)=>)
2I<JC*IL7M8N)O)!"#$%"$&'()*&#12$&,' "S76RMJJNLN8S)O)'8JS)/<L67)
-$")%KNKL#$'$.'-/0' "8JNM;878S))))))O)5$*8)
*MJPMQRM8N))))))))O)-$")%KNKL#$'''))))))))))))))))))))))) *7SN)))))))))))))))))O)'''''')
/MSTN)))))))))))))))))O)JK2"8%8L$'$.'&<")8L$' -R7JJN))))))))))))))O)H:9$'B%%<$'6J'
-IKN''''''''''''''R'5->+'>h''' !VWVTN8PN)O)58%2$N'M$'-$")%KNKL#$'>,''''
) n$TKL;8=)#$,'=;KL;899$'M2'CB!,'L2#M$''
$%'8==2#'82'=;KL;899$))))))
+7SVTMNR)KMK7PSMX<N)O)
682,'=K#&&K%&,'TK#&,'8NN29$..$&,'d'''''''''''''''
-ILQVSN8PN)))))))
$.' M$' 98%#:;$' 8""$=.8TN$' M$&' &#.28.#K%&' U8#&8%.' 8==$N' V' M$&' &8OK#;&' $&&$%.#$N&' M$' N8' "8.<LK;#$' W'
BN#9$%.&'X'
"YNLQRN)KN)JMS<7SMI8''
5898%'-!4B7B'8';$Y2'2%'L;8%M'"KN#&'$%'=;KO$%8%"$'M$'5JB?CBAB+'!K%'U;:;$'N2#'8' $%OK*<'M2'
L#T#$;' $.' M2' =K#&&K%' U;8#&' $%' L;8%M$' 128%.#.<+' C8%&' &K%' 128;.#$;,' N$' "K2;8%.' <N$".;#12$' $&.' 128&#'
#%$Z#&.8%.+' 0K99$%.' "K%&$;O$;' "$..$' L;8%M$' 128%.#.<' M$' O#8%M$' $.' M$'=K#&&K%&'c'!8'U#NN$'12#'$&.'
:9$
<N:O$' M$' H ' 8%%<$' M$' NS6J' V' NS/%&.#.2.' -@5JB' N2#' "K%&$#NN$' M$' "K%&2N.$;' &K%' $%&$#L%8%.' M$'
-$")%KNKL#$+' 0$' M$;%#$;' 9KT#N#&$' &8' "N8&&$' $.' &$' ;$%M' ")$_' N8' 5898%' -!4B7B+' 7S$%&$#L%8%.'
M<"N8;$'12SV'NS8T&$%"$'M2'"K2;8%.'=K2;'"K%L$N$;' "$&'O#O;$&,'#N'U82.'N$&'TK2"8%$;+'/N'M$98%M$'V'&$&'
<N:O$&'M$'&S*'9$..;$';8=#M$9$%.'=K2;' <O#.$;'N$'Lx")#&,'"K99$%.'MK#O$%.]#N&'=;K"<M$;'=K2;'TK2"8%$;'
"$&'O#O;$&'c'
'
114
223(
'E .-/'\'/"2)'0'/'.&"2
QTVPVKN8SNJ
] b2$NN$'$&.'NS2.#N#.<'M$'N8'M<"K;8.#K%'c ] (K2;'=8NN#$;'V'"$;.8#%&'M<U82.&'M$'N8'98#&K%+
] 0K99$%.' =$2.]K%' 82L9$%.$;'
NS<"N8#;8L$'%8.2;$N'M8%&'N8'98#&K%'c' ] 6%' #%&.8NN8%.' N8' N29#:;$' 8;.#U#"#$NN$' $.' M$&' KT[$.&
MS8;.'82Z'.K%&'")82M&+
C$98%M$;'82Z'<N:O$&'M$'PMSQ'R =E -ILQTV_N8JMI8)KN)R7)JMS<7SMI8
- N#;$' &#N$%"#$2&$9$%.' =2#&' V' )82.$
]7$".2;$'&#N$%"#$2&$'=8;'.K2&'N$&'<N:O$&'=2#&'V
OK#Z'N8'&#.28.#K%+
)82.$'OK#Z'=8;'2%'K2'M$2Z'<N:O$&+
- $Z=N#12$;'N8'&#.28.#K%'$%'N$2;&'=;K=;$&
.$;9$&' $.' M$' ;$N$O$;' N$&' <N<9$%.& ] 6Z=N#"8.#K%'M$'N8'&#.28.#K%'=8;'N$&'<N:O$&'$%'N$2;&
"N<&+
=;K=;$&'.$;9$&
''E .-/'\'/"2)#!'0-'#.&"2
a$=8;.#;' N$&' <N:O$&' $%' &K2&]L;K2=$&' $.' N$2;' ] "K2=8L$'M$&'T;8%")$&'MS8;T;$&'PM$'.;8O$;&$'$.
M$98%M$;'M$'9$%$;'M$&'8".#K%&'&2""$&&#O$&' 8O$"'UK2;")$Q
M$'TK2"8%8L$'M$&'=K#&&K%&'$.'M$'N8'O#8%M$+' ] "K%&.;2".#K%'M$'&<")K#;'MS$%O#;K%'>9'M$')82.$2;
] "K2O$;.2;$'M$'&<")K#;
] "K2=8L$'M2'TK#&'M$'")82UU$
] <O#&"<;8.#K%'M$&'=K#&&K%&
] <.8N8L$' M$&' =K#&&K%&' $.' M$' N8' O#8%M$' &2;' N$
&<")K#;'$.'N$&'"K2O;#;
] 8NN298L$'M2'U$2'82'9K*$%'M2'TK#&
] 98#%.#$%' M2' U$2' =$%M8%.' =N2&' 82' 9K#%&' M$2Z
[K2;&' .K2.' $%' .K2;%8%.' N$&' 8N#9$%.&' &2;' .K2.$&' N$&
U8"$&
] ;<M2".#K%'=;KL;$&&#O$'M$'N8'UN899$'82'=;KU#.'M$'N8
U29<$
] "K%&$;O8.#K%' M$' N8' O#8%M$' $.' M$&' =K#&&K%&' M8%&
M$&'=8%#$;&+
'''E 2F0/A"2"
Ja8S_[JN)
- b2S$&.]"$'12$'N$'TK2"8%8L$'c - 0S$&.' 2%$' 9<.)KM$' M$' &<")8L$' PM$' N8' O#8%M$
K2'M2'=K#&&K%Q'=8;'$Z=K&#.#K%'V'N8'U29<$+
- 0#.$_' N$&' =;#%"#=8N$&' <.8=$&' M2 ] "K%&.;2".#K%'MS2%'&<")K#;
] <.8N8L$' M$&' =K#&&K%&' $.' M$' N8' O#8%M$' &2;' N$
TK2"8%8L$' M$&' =K#&&K%&' K2' M$' N8
&<")K#;
O#8%M$ ] "K2O$;.2;$'M2'&<")K#;
] 8NN298L$'M2'U$2'82'9K*$%'M2'TK#&
] 98#%.#$%' M2' U$2' =$%M8%.' =N2&' 82' 9K#%&' M$2Z
[K2;&' .K2.' $%' .K2;%8%.' N$&' 8N#9$%.&' &2;' .K2.$&' N$&
U8"$&
] ;<M2".#K%'=;KL;$&&#O$'M$'N8'UN899$'82'=;KU#.'M$'N8
U29<$
115
224(
'\E"\.&$./',0
8Q b2S$&.]"$'12$'N$'TK2"8%8L$'c 8Q0S$&.'2%$'9<.)KM$'M$'&<")8L$'PM$'N8'O#8%M$'K2
M2'=K#&&K%Q'=8;'$Z=K&#.#K%'V'N8'U29<$
TQ
6^ 0#.$_'12$N12$&'<.8=$&'M2'TK2"8%8L$ ] "K%&.;2".#K%'MS2%'&<")K#;
] 8NN298L$'M2'U$2'82'9K*$%'M2'TK#&
] <.8N8L$'M$&'=K#&&K%&'$.'M$'N8'O#8%M$'&2;'N$
&<")K#;
] "K2O$;.2;$'M2'&<")K#;
=E 2MS<7SMI8)JMLMR7MTN =E/T7MSNLN8S)KN)R7)JMS<7SMI8
!<")8L$'M$&''U;$.#%&'P?M8q8N8Q 7$&' <N:O$&' =;K":M$%.' 82' &<")8L$' M$&' U;$.#%&' $%
;$&=$".8%.'N$&'M#UU<;$%.$&'<.8=$&
-!'/"!"2)*3"\.&$./',0)
8Q a<=K%&$'"K;;$".$'R'>3> 8Q ($;.#%$%"$'R'>3>
TQ a<=K%&$'"K;;$".$'R'I3I TQ !.;2".2;$''''R'I3I
"Q a<&2N.8.'''''R'I3I
5'-A")*b"B#&,'/./',0)*")+./!'-")0l)=?)
2I<JC*IL7M8N)O)!"#$%"$&'()*&#12$&,' "S76RMJJNLN8S)O)/?!-'C•6AD)
-$")%KNKL#$'$.'-/0' "8JNM;878S))))))O)A#%M$9TK)
*MJPMQRM8N)O)-$")%KNKL#$''' *7SN)))))))))))))))))O)''''''
/MSTN)O)0K%L<N8.#K%'$.'&8N8#&K%' -R7JJN))))))))))))))O)H:9$'B%%<$'6J'
-IKN'R'5->+'>i''''' !VWVTN8PN)O)58%2$N'M$'-$")%KNKL#$,''''
n$TKL;8=)#$,'=;KL;899$'M2'CB!,'L2#M$''
$%'8==2#'82'=;KL;899$))))))
+7SVTMNR) KMK7PSMX<N)O) (K#&&K%'U;8#&,' O#8%M$' U;8#")$,'
&$N'M$)"2#&#%$4)"K2.$82,'"K%L<N8.$2;,'d+'
-ILQVSN8PN)
M$' 98%#:;$' 8""$=.8TN$' M$&' &#.28.#K%&' U8#&8%.' 8==$N' V' M$&' &8OK#;&' $&&$%.#$N&' M$' N8' "8.<LK;#$' W'
BN#9$%.&'X')
"YNLQRN)KN)JMS<7SMI8'
5898%' AB5B' O$2.' U8#;$' M$&' =;KO#&#K%&' V' N8' 98#&K%+' 6NN$' &$' =K&$' N8' 12$&.#K%' M$' &8OK#;' "K99$%.'
"K%&$;O$;' N$&' 8N#9$%.&' U;8#&+' 6NN$' M$98%M$' V' &$&' M$2Z' $%U8%.&' 7D5B' $.' 6!Bp@' MS8NN$;' OK#;' N$2;'
$%&$#L%8%.' M$' N8' H:9$' 8%%<$' M$' NS6J' M$' NS/%&.#.2.' C•6AD' =K2;' 8"12<;#;' M$&' =;K=K&#.#K%&' &2;' "$..$'
98.#:;$+' BNK;&' NS$%&$#L%8%.' M#.' V' &$&' <N:O$&' M$' ")$;")$;' 2%$' &KN2.#K%' V' N8' =;<K""2=8.#K%' M$' N8'
9898%+'
'E .-/'\'/"2)'0'/'.&"2
QTVPVKN8SNJ
- b2S$&.]"$'12$'N$'TK2"8%8L$'c - 0S$&.'2%$'9<.)KM$'M$'&<")8L$'M$'N8'O#8%M$'K2
116
225(
M2'=K#&&K%'=8;'$Z=K&#.#K%'V'N8'U29<$'
- 0#.$_'12$N12$&'<.8=$&'M2'TK2"8%8L$ - "K%&.;2".#K%'MS2%'&<")K#;,'"K2O$;.2;$'M$'&<")K#;
- <.8N8L$' M$&' =K#&&K%&' $.' M$' N8' O#8%M$' &2;' N$
&<")K#;'$.'N$&'"K2O;#;
- 8NN298L$'M2'U$2'82'9K*$%'M2'TK#&
- C$98%M$;' 82Z' <N:O$&' M$' N#;$ - 7$".2;$' &#N$%"#$2&$' =8;' .K2&' N$&' <N:O$&' =2#&' V
&#N$%"#$2&$9$%.' =2#&' V' )82.$' OK#Z' N8 )82.$'OK#Z'=8;'2%'K2'M$2Z'<N:O$&+
&#.28.#K%+
- C$98%M$;' 82Z' <N:O$&' MS$Z=N#12$;' N8 - 6Z=N#"8.#K%' M$' N8' &#.28.#K%' =8;' N$&' <N:O$&' $%
&#.28.#K%' $%' N$2;&' =;K=;$&' .$;9$&' $.' M$ N$2;&'=;K=;$&'.$;9$&
;$N$O$;'N$&'<N<9$%.&'"N<&+
''E .-/'\'/"2)#!'0-'#.&"2
a$=8;.#;' N$&' <N:O$&' $%' &K2&]L;K2=$&' $.' N$2;' ?E -I8;VR7SMI8
M$98%M$;'M$'9$%$;'M$&'8".#K%&'&2""$&&#O$&' - #M$%.#U#"8.#K%'M$&'8N#9$%.&
=K2;'N8''"K%L<N8.#K%'$.''N8'&8N8#&K%'K2'&8N8L$' - ")K#Z'M$'N8'M$%;<$
M$&'8N#9$%.&'U;8#&+' - 8"12#&#.#K%'M$&'8N#9$%.&
- N8O8L$'M$&'8N#9$%.&
- "K%M#.#K%%$9$%.'M$'N8'M$%;<$
- M<98;;8L$'M$'"K%L<N8.$2;
- "K%&$;O8.#K%'M8%&'N$'"K%L<N8.$2;
=E 27R7MJI8'M$'N8'M$%;<$
- N8O8L$
- .;8%")8L$'$.'<O#&"<;8.#K%
- &8N8#&K%
- $Z=K&#.#K%'82'&KN$#N
'''E 2F0/A"2"
Ja8S_[JN)
CK%%$;'N8'M<U#%#.#K%'M$'N8'"K%L<N8.#K%'$.'M$'N8' 78' "K%L<N8.#K%' $&.' 2%' =;K"<M<' M$' "K%&$;O8.#K%' M$&'
&8N8#&K%'' 8N#9$%.&'9$..8%.'$%'[$2'2%$'$Z=K&#.#K%'82'U;K#M'\'
78'&8N8#&K%'$&.'2%$'K=<;8.#K%'"K%&#&.8%.'V'&8N$;'2%$'
M$%;<$'8N#9$%.8#;$'=K2;'U8"#N#.$;'&8'"K%&$;O8.#K%+''
CK%%$;'N$&'<.8=$&'M$'N8'"K%L<N8.#K%'$.'M$'N8' " 7$&'<.8=$&'&K%.'=K2;'N8'"K%L<N8.#K%'R

&8N8#&K%'K2'&8N8L$' - /M$%.#U#$;'N$&'8N#9$%.&
- 0)K#&#;'N8'M$%;<$
- 78'"K%M#.#K%%$;
- 78'=N8"$;'M8%&'N$'"K%L<N8.$2;
" 7$&'<.8=$&'&K%.'=K2;'N8'&8N8#&K%'R
- -;8%")$;'K2'<O#&"<;$;
- B"12<;#;'N$'&$N'M$'"2#&#%$
- D=<;$;'N$'&8N8L$
- 6Z=K&$;' 82' &KN$#N' =$%M8%.' 82' 9K#%&' "#%1
[K2;&+
117
22-(
'\E"\.&$./',0
"YNLQRNJ)K3MSNLJ
8Q b2$NN$&' &K%.' N$&' .$")%#12$&' M$ 8Q 0K%L<N8.#K%,'&8N8#&K%'K2'&8N8L$,'TK2"8%8L$
"K%&$;O8.#K%' M$&' 8N#9$%.&' 12$' OK2&
"K%%8#&&$_'c
TQ BO$"' 12$N'L$%;$' M$' &$N'MK#.]K%'&8N$;'N$& TQ 7$'&$N'M$'"2#&#%$
8N#9$%.&'V'"K%&$;O$;'c
=E 2MS<7SMI8)JMLMR7MTN
0K%&$;O8.#K%'M$&'=K#&&K%&'U;8#&'=8;'U;#.2;$+ =E/T7MSNLN8S)KN)R7)JMS<7SMI8
7$&'<N:O$&'=;K":M$%.'V'N8'U;#.2;$'M$&'=K#&&K%&'U;8#&
-!'/"!"2)*3"\.&$./',0)
?E '/"+2 =E /!.'/"+"0/)*")&.)2'/$./',0)2'+'&.'!"
8Q a<=K%&$'"K;;$".$'R'I3I 8Q ($;.#%$%"$R'I3I
TQ a<=K%&$'"K;;$".$'R'>3> TQ !.;2".2;$'R'I3I
($;.#%$%"$'R'>3> "Q a<&2N.8.'R'I3I
5'-A")*b"B#&,'/./',0)*")+./!'-")0l)==)
2I<JCKIL7M8N)O)!"#$%"$&'()*&#12$&,' "S76RMJJNLN8S)O)7*"<$'(8NN8_KNK'
-$")%KNKL#$'$.'-/0' "8JNM;878S))))))O)A#qK%LK'52M#8.8)
*MJPMQRM8N)))))))O)-$")%KNKL#$''' *7SN))))))))))))))))))O))
/MSTN))))))))))))))O)6%.;$.#$%'M$&')8T#.&' -R7JJN)))))))))))))))O)H:9$'B%%<$'6J'
-,*"))))))))))'R'5->+>I''''' )!VWVTN8PNJ)O) 58%2$N' M$' -$")%KNKL#$,' n$TKL;8=)#$,'
=;KL;899$'M2'CB!,'L2#M$'$%'8==2#'82Z'=;KL;899$&+''
+7SVTMNRJ) KMK7PSMX<NJ)O) C#UU<;$%.&' .*=$&' MS<.KUU$&,'
U#T;$&,'8#L2#NN$&,'&8OK%,'U$;'V';$=8&&$;'''''''
-ILQVSN8PN)
M$' 98%#:;$' 8""$=.8TN$' M$&' &#.28.#K%&' U8#&8%.' 8==$N' V' M$&' &8OK#;&' $&&$%.#$N&' M$' N8' "8.<LK;#$' W'
fg.$9$%.&'X+''
78'.8%.$'M$'NS<N:O$'5TKK'$&.'O$%2$'M$'N8'4KNN8%M$'=K2;'=8&&$;'&$&'O8"8%"$&'V'A#%&)8&8+'0S$&.'N$'
9K#&' MSK".KT;$' $.' #N' U8#.' $Z.;g9$9$%.' ")82M+' 78' .8%.$' $&.' .;:&' 98N' V' NS8#&$,' "8;' $NN$' =K;.$' M$&'
Og.$9$%.&' .;K=' ")82M&' $.' M$98%M$' V' &8' %#:"$' M$' NS8#M$;' M8%&' N$' ")K#Z' M$&' Og.$9$%.&' =N2&'
8==;K=;#<&'82'"N#98.'M$'A#%&)8&8+'BNK;&,'5TKK'O8'"K%.8".$;'M$&'"K99$;Y8%.&'$.'12$N12$&'98#&K%&'
M$'''"K2.2;$'=K2;'M<"K2O;#;'N$&'&K;.$&'M$'Og.$9$%.&'8M8=.<&'82'"N#98.'")82M'$.'82'"N#98.'U;K#M+'C#;$'
$%'12$NN$&'U#T;$&'K%.'<.<'U8T;#12<&'N$&'Og.$9$%.&'12$'N8'.8%.$'=K;.8#.'$%'62;K=$'=8;';8==K;.'V'"$2Z'
12S$NN$'=K;.$;8#.'V'A#%&)8&8'c'
118
22.(
'E) .-/'\'/"2)'0'/'.&"2)
?E) \VTMWMP7SMI8) KNJ) PI887MJJ78PNJ) ?E)!VQI8JNJ)KNJ)VR[ZNJ'
QTVPVKN8SNJ) '
b2S$&.]"$' 12$'R' N8' "K%L<N8.#K%'$.' N8' 78' "K%L<N8.#K%' $&.' 2%' =;K"<M<' M$' "K%&$;O8.#K%' M$&'
&8N8#&K%'c' 8N#9$%.&' 9$..8%.' $%' [$2' 2%$' $Z=K&#.#K%' 82' U;K#M' V' M$&'
) .$9=<;8.2;$&'#%U<;#$2;$&+'
' 78' &8N8#&K%' $&.' 2%$' K=<;8.#K%' "K%&#&.8%.' V' &8N$;' 2%$'
' M$%;<$'8N#9$%.8#;$'=K2;'U8"#N#.$;'&8'"K%&$;O8.#K%'
' '
=E)+ISMZ7SMI8)]*VPI<ZNTSN^) =E)-ILQTV_N8JMI8)KN)R7)JMS<7SMI8)
-' C$98%M$;' 82Z' <N:O$&' M$' N#;$' ]7$".2;$'&#N$%"#$2&$'=8;'.K2&'N$&'<N:O$&'=2#&'V')82.$'
&#N$%"#$2&$9$%.' =2#&' V' )82.$' OK#Z' N8' OK#Z'=8;'2%'K2'M$2Z'<N:O$&+'
&#.28.#K%+' '
-' C$98%M$;' 82Z' <N:O$&' MS$Z=N#12$;' N8' ]' 6Z=N#"8.#K%' M$' N8' &#.28.#K%' =8;' N$&' <N:O$&' $%' N$2;&'
&#.28.#K%' $%' N$2;&' =;K=;$&' .$;9$&' $.' M$' =;K=;$&'.$;9$&'
;$N$O$;'N$&'<N<9$%.&'"N<&+'
''E) .-/'\'/"2)#!'0-'#.&"2)
',T;78MJ7SMI8)KN)R7)PR7JJN)NS)PI8JM;8N) .PSMZMSVJ)J<T)RN)S76RN7<)KN)JQVPMWMP7SMI8''
a$=8;.#;'N$&'<N:O$&'$%'&K2&]L;K2=$&'$.'N$2;' "' /M$%.#U#"8.#K%' M$&' Og.$9$%.&' 8==;K=;#<&' 82'
M$98%M$;' M$'9$%$;' M$&' 8".#K%&' "N#98.'")82M'$.'"$2Z'8==;K=;#<&'82'"N#98.'U;K#M)
&2""$&&#O$&' =K2;' NS#M$%.#U#"8.#K%' $.''' "' /M$%.#U#"8.#K%'M$&'U#T;$&'=K2;'N$&'M$2Z'"8&)
NS$%.;$.#$%'M$&')8T#.&+' "' 0N8&&#U#"8.#K%'M$&'U#T;$&'R'%8.2;$NN$,'8;.#U#"#$NN$'$.'
' &*%.)<.#12$)
"' 0)K#Z'M$&'Og.$9$%.&'8M8=.<&'82'"N#98.)
"' /M$%.#U#"8.#K%' M$&' )8T#.&' &8N$&' P&K2#NN<&Q' $.' M$&'
)8T#.&'M<")#;<&+)
"' 0N8&&#U#"8.#K%' M$&' )8T#.&' &$NK%' N$2;' "K2N$2;' $.'
N$2;'.$#%.2;$'8O8%.'N$'N8O8L$)
"' 78O8L$'$.'&<")8L$'&*&.<98.#12$'M$&')8T#.&')
"' a8""K99KM8L$'<O$%.2$N'M$&')8T#.&'M<")#;<&)
"' a$=8&&8L$' M$&' Og.$9$%.&' $%' ;<LN8%.' N8'
.$9=<;8.2;$' M2' U$;' V' ;$=8&&$;' =K2;' ")812$'
.*=$'M$'.#&&2+)
"' a8%L$9$%.' M$&' Og.$9$%.&' M8%&' N8' L8;M$];KT$'
K2'M8%&'N8'O8N#&$+''
'
'''E)2F0/A"2")
) Ja8S_[JN)
b2$NN$' $&.' N8' 98.#:;$' =;$9#:;$' M$&' .#&&2&' 78' U#T;$' .$Z.#N$' 12#' $&.' 2%$' &2T&.8%"$' U#N89$%.$2&$'
K2'Og.$9$%.&'c' &2&"$=.#TN$'MSg.;$'U#N<$'$.'.#&&<$'
/M$%.#U#$;'N$&'.*=$&'M$'U#T;$&'2.#N#&<&'M8%&'N8' 7$&' Og.$9$%.&' &K%.' U8T;#12<&' V' =8;.#;' M$&' U#T;$&'
U8T;#"8.#K%'M$&'Og.$9$%.&+' MSK;#L#%$' %8.2;$NN$' PN8#%$,' =K#N,' &K#$,' ")8%O;$,' "K.K%,'
' ;8=)#8,' 89#8%.$,' O$;;$Q,' 8;.#U#"#$NN$' PU#T;8%%$,' O#&"K&$Q,'
' $.'&*%.)<.#12$'P%*NK%,'M8";K%,'=KN*$&.$;,'.$;L8NQ'
b2$NN$'=;<"82.#K%'=;$%M;$'=K2;'N$'N8O8L$' 7$' N8O8L$' M$&' Og.$9$%.&' MK#.' .$%#;' "K9=.$' M$' N8'
119
22/(
M$&')8T#.&'M$'.$#%.2;$&'M#UU<;$%.$&'c' .$#%.2;$'8U#%'MS<O#.$;'N8'.;8%&9#&&#K%'M$&'.x")$&+''
b2$NN$'=;<"82.#K%'=;$%M;$'=K2;';$=8&&$;' -$%#;' "K9=.$' M$' N8' 128N#.<' M$' ")812$' .#&&2' M8%&' N$'
2%')8T#.'c' ;<LN8L$'M$'N8'.$9=<;8.2;$+'
'\E"\.&$./',0)
?E\VTMWMP7SMI8)KNJ)7PX<MJ) ?E)!VQI8JNJ)7<Y)(<NJSMI8J)
) )
8Q' C<.$;9#%$;'N8'%8.2;$'$.'NSK;#L#%$'M$&' 8Q' CU#T;$&'%8.2;$NN$&,'8;.#U#"#$NN$&'$.'&*%.)<.#12$&'
M#UU<;$%.$&'U#T;$&+' '
TQ' (K2;12K#' MK#.]K%' &<=8;$;' N$&' )8T#.&' TQ' ]=K2;' 12$' N$&' Og.$9$%.&' 12#' K%.' M<.$#%.' %$'
MS8=;:&' N$2;' .$#%.2;$' 8O8%.' .K2.' =2#&&$%.' .;8%&9$..;$' N$2;&' .8")$&' M$' .$#%.2;$'
N8O8L$'c' &2;'N$&'82.;$&')8T#.&+'
"Q' b28%M'$&.'"$'12SK%'=$2.'R' "Q' D%'=$2.'R'
]78O$;,' ]a8""K99KM$;,' ]a$=8&&$;' -' 78O$;'R'NK;&12$'NS)8T#.'$&.'&8N$'K2'&K2#NN<'
2%')8T#.'c' -' a8""K99KM$;'R'2%')8T#.'M<")#;<'
' -' a$=8&&$;'R'2%')8T#.'")#UUK%%<,'U;K#&&<'8=;:&'
' N8O8L$'
' '
=E)2MS<7SMI8)JMLMR7MTNE) =E)/T7MSNLN8S)KN)R7)JMS<7SMI8)
7S<.2M#8%.$' ?L8N2N8' A8n8*8' E;8"#8' 7$&' <N:O$&' =;KM#L2$%.' V' ?L8N2N8' N$&' "K%&$#N&'
"K%&.8.$' 12S8=;:&' N8O8L$' "$;.8#%&' )8T#.&' 8==;K=;#<&+'
TN8%"&' =K;.$%.' M$&' .8")$&' ;K2L$&' $.'
TN$2$&+' b2$N' "K%&$#N' =K2O$_]OK2&' N2#'
=;KM#L2$;'c'
'
-!'/"!"2)*3"\.&$./',0)
))))))))?E)'/"+2)))))))))))))))))))))))))))))))))))))))))))))))))))))))))=E)/!.'/"+"0/)*")&.)2'/$./',0)2'+'&.'!")
8Q'a<=K%&$'"K;;$".$'R'>3>'''''''''''''''''''''''''''''''''''''8Q'($;.#%$%"$'R''''>3>)
TQ'a<=K%&$'"K;;$".$'R'I3I'''''''''''''''''''''''''''''''''''''TQ'!.;2".2;$'''R''''I3I''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''
"Q'a<=K%&$'"K;;$".$'R'I3I'''''''''''''''''''''''''''''''''''''"Q'a<&2N.8.'''''R'''F3F)
)
)))))))))))))))))))))))))))))
)
)
)
5'-A")*3"B#&,'/./',0)*")+./!'-")0H)=c)
2I<JCKIL7M8N)O)!"#$%"$&'()*&#12$&,' "S76RMJJNLN8S)O'/%&.#.2.'M$'5K%.'?L8U2N8)
-$")%KNKL#$'$.'-/0' "8JNM;878S)O'A8N$98)
*MJPMQRM8N)O)-$")%KNKL#$))))))))))))))))))))))))))))) *7SN)O)
-R7JJN)O)H:9$'M$'NS6J)
/MSTN)O)7$&'M#O$;&'9<.#$;&'$.'N$2;&'K2.#N&'M$)))))))))))))))))))))))
.;8O8#N'' !VWVTN8PN)O'p$TKL;8=)#$,'(;KL;899$'M2'CB!,'
-IKN)O'5->+>H'''''''''''''''''''''''''''''''''''''''''''''''''')'
L2#M$'$%'8==2#'82Z'=;KL;899$&'
' +7SVTMNR)KMK7PSMX<N)O'K2.#N&'K2'#%&.;29$%.&'2.#N#&<&'
) =K2;'")812$'9<.#$;,'d'
-ILQVSN8PN))
$.' M$' 98%#:;$' 8""$=.8TN$' M$&' &#.28.#K%&' U8#&8%.' 8==$N' V' M$&' &8OK#;&' $&&$%.#$N&' M$' N8'
"8.<LK;#$'W'7$&'"K;=&'M$'9<.#$;&'X+'
)
120
2,1(
BO$"' NS82.K;#&8.#K%' M$' N8' C#;$".#K%' M$' NS/%&.#.2.' ?M$%L$[8' M$' 5T2[#' 58*#' $.' "$NN$' M$&' =8;$%.&,'
NS6%&$#L%8%.' M$' -$")%KNKL#$' K;L8%#&$' M$&' "N8&&$&' O#&#.$' M8%&' N$' =KN*LK%$' 9#%#$;' M$' N8' 5/JB' PN8'
5#%#:;$' M$' J8qn8%L8Q+' 0$..$' $%.;$=;#&$' 8' 82.K;#&<' N$&' <N:O$&' M$' O#&#.$;' &$&' M#O$;&' 8.$N#$;&+'
7S$%&$#L%8%.'8'&"#%M<'&8'"N8&&$'$%'h'L;K2=$&+'7$'=;$9#$;'L;K2=$'O8'O#&#.$;'N$'L8;8L$'M$&'$%L#%&'
9K.K;#&<&'\' N$' M$2Z#:9$' NS8.$N#$;' M$' 9$%2#&$;#$'\' N$' .;K#&#:9$' $&.' 8UU$".<' V' 2%' ")8%.#$;' M$'
"K%&.;2".#K%' $.' N$' 128.;#:9$' V' NS8.$N#$;' M$' &K2M2;$' 9<.8NN#12$+' -K2&' N$&' ")$U&' MS8.$N#$;' K%.' <.<'
=;<O$%2&' $.' =;#<&' M$' &8.#&U8#;$' N8' "2;#K&#.<' M$&' <N:O$&+' 7S$%&$#L%8%.' M$98%M$' V' &$&' <N:O$&' M$'
=K&$;'M$&'12$&.#K%&'=K2;'&S#%UK;9$;'&2;'N$'9<.#$;'$%';$N8.#K%'8O$"'N$&'8".#O#.<&'M$'NS8.$N#$;,'N$&'K2.#N&'
$.'98")#%$&'2.#N#&<&+'B=;:&'"$..$'"N8&&$]O#&#.$,'")812$'L;K2=$'=;<=8;$'2%'&<9#%8#;$'&2;'&8'O#&#.$'$.'
$Z=K&$'M$O8%.'.K2.$'N8'"N8&&$'N$&'9<.#$;&'M<"K2O$;.&'$.'N$2;&'#%&.;29$%.&'M$'.;8O8#N+'
)
'E) .-/'\'/"2)'0'/'.&"2)
?E) \VTMWMP7SMI8)KNJ)PI887MJJ78PNJ) ?E)!VQI8JNJ)KNJ)VR[ZNJ)
QTVPVKN8SNJ) )
]' b2$N'$&.'N$'9<.#$;'M$'OK.;$'=8=8'K2' ]' 9<"8%#"#$%'
M$'OK.;$'9898%'c' ]' ")8;=$%.#$;'
' ]' 8L;#"2N.;#"$)
' ]' $."+)
' )
=E) +ISMZ7SMI8)]*VPI<ZNTSN^) =E)-ILQTV_N8JMI8)KN)R7)JMS<7SMI8)
C$98%M$;'82Z'<N:O$&'M$'PMSQ'R' '
-' N#;$' &#N$%"#$2&$9$%.' =2#&' V' )82.$' OK#Z' -' 7$".2;$' &#N$%"#$2&$' =8;' .K2&' N$&' <N:O$&' =2#&' V'
N8'&#.28.#K%+' )82.$'OK#Z'=8;'2%'K2'M$2Z'<N:O$&+'
-' $Z=N#12$;' N8' &#.28.#K%' $%' N$2;&' =;K=;$&' -' 6Z=N#"8.#K%'M$'N8'&#.28.#K%'=8;'N$&'<N:O$&'$%'N$2;&'
.$;9$&'$.'M$';$N$O$;'N$&'<N<9$%.&'"N<&+' =;K=;$&'.$;9$&))
''E) .-/'\'/"2)#!'0-'#.&"2)
,T;78MJ7SMI8)KN)R7)PR7JJN)NS)PI8JM;8NJ) .PSMZMSVJ)J<T)RN)S76RN7<)KN)JQVPMWMP7SMI8))
a$=8;.#;'N$&'<N:O$&'$%'&K2&]L;K2=$&'$.'N$2;' -' /M$%.#U#"8.#K%'M$&'M#UU<;$%.&'9<.#$;&'M<"K2O$;.&'
M$98%M$;' M$'9$%$;' M$&' 8".#K%&' -' /M$%.#U#"8.#K%' M$&' K2.#N&' M$' .;8O8#N' "K;;$&=K%M8%.'
&2""$&&#O$&' =K2;' NS#M$%.#U#"8.#K%' M$&' K2.#N&' V'")812$'9<.#$;'
M$'.;8O8#N'$.'N$2;&'9<.#$;&'"K;;$&=K%M8%.&+' -' C$&&#%' M$&' M#O$;&' K2.#N&' K2' #%&.;29$%.&'
' "K;;$&=K%M8%.' V' ")812$' 9<.#$;' P"N<&,' =#%"$&,'
;8TK.,'.;2$NN$,')K2$,'&"#$,'&"#$'V'9<.82ZdQ'
'''E2F0/A"2")
) Ja8S_[JN)
-' b2S$&.]"$'12S2%'9<.#$;'c' @%'9<.#$;'$&.'2%$'8".#O#.<'=;KU$&&#K%%$NN$'"K%&.#.28%.'
' 2%'9K*$%'M$'&2T&#&.8%"$'$.'$Z#L$8%.'2%$'UK;98.#K%'
' K2'M$'NS$Z=<;#$%"$+'
-' 0#.$_' 12$N12$&' 9<.#$;&' M$' OK.;$' ]' 5<"8%#12$'
=;<U<;$%"$+' ]' <N$".;#"#.<'
' ]' ")8;=$%.$;#$'
' ]' 98YK%%$;#$'
' ]' 9$%2#&$;#$'
' ]' $."+'
0#.$;'12$N12$&'K2.#N&'M$'.;8O8#N' +VSMNT) ,<SMRJ)KN)ST7Z7MR)
"K;;$&=K%M8%.'V'"$&'9<.#$;&+) 5<"8%#12$' 0N<&,'=#%"$,'.K2;%$O#&'$."+'
6N$".;#"#.<' (#%"$&,'.$&.$2;,'.K2;%$O#&,'
89=:;$9:.;$'$."+'
121
2,2(
0)8;=$%.$;#$' 58;.$82,'8;;8")$]'"NK2&'$."+'
58YK%%$;#$' -;2$NN$,'Tg")$,'%#O$82'V'T2NN$'MS8#;'
$."+'
)
5$%2#&$;#$' !"#$,';8TK.,'98;.$82,'9:.;$'$."+''
'\E"\.&$./',0)
$"\VTMWMP7SMI8)KNJ)7PX<MJ) ?E)!VQI8JNJ)7<Y)X<NJSMI8J)
'SNLJ)) )
) )
0#.$_'12$N12$&'9<.#$;&'$.'N$2;&'K2.#N&'M$' ]' 5<"8%#12$'R'"N<&'d'
.;8O8#N'"K;;$&=K%M8%.&+' ]' 6N$".;#"#.<'R'=#%"$&'+++'
' ]' 0)8;=$%.$;#$'R'&"#$'d'
' ]' 58YK%%$;#$'R'.;2$NN$'d'
' ]' 5$%2#&$;#$'R';8TK.'d)
' ]' $.")
' '
=E)2MS<7SMI8)JMLMR7MTN)) =E)/T7MSNLN8S)KN)R7)JMS<7SMI8))
) )
/M$%.#U#$;'N$&'9<.#$;&'12#'#%.$;O#$%%$%.'M8%&' 7$&'<N:O$&'#M$%.#U#$%.'N$&'9<.#$;&+''
N8'"K%&.;2".#K%'MS2%$'98#&K%+''
-!'/"!"2)*3"\.&$./',0)
?E) 'SNLJ) =E)/T7MSNLN8S)KN)R7)JMS<7SMI8)JMLMR7MTN)O)
a<=K%&$'"K;;$".$'R'i3i' 8Q'($;.#%$%"$'R'>3>'
TQ'!.;2".2;$'R'''>3>'
"Q'a<&2N.8.'R'''''I3I)
)
)
)
' '
122
2,,(
'
'\E) /"-A0,&,1'")*")&3'05,!+./',0)"/)*")&.)-,++$0'-./',0)]/'-^)
)
5'-A")*3"B#&,'/./',0)*")+./!'-")0H>?)
2I<JCKIL7M8N'R'!"#$%"$&'()*&#12$&,' US76RMJJNLN8S' R'0!'AD7B'
-$")%KNKL#$'$.'-/0' "8JNM;878S' R'JD7B'
*MJPMQRM8N' R'-/0' *7SN'R''
/MSTN'R'C<"K2O$;.$'M$'NS#%UK;98.#12$' -R7JJN'R'H :9$'8%%<$'M$'NS6J''
-IKN'R'5-/0'>+>' !VWVTN8PN'R''
' >+' (;KL;899$'M$&'!"#$%"$&'()*&#12$&,'
.$")%KNKL#$'$.'-/0'P(?!0(4€!'(8L$'
>I>Q'
I+' C<"K2O;K%&'NS#%UK;98.#12$'>'
F+' C<"K2O;K%&'NS#%UK;98.#12$'I'
+7SVTMNR)*MK7PSMX<N'R'b2$&.#K%%8#;$'MS$%12g.$,'
&.*NK'd'
'
-ILQVSN8PN'
&2"":&'$.'M$'98%#:;$'8""$=.8TN$,'N$&'&#.28.#K%&'U8#&8%.'8==$N'V'M$&'&8OK#;&'$&&$%.#$N&'M$'N8'
"8.<LK;#$'W'PI8PNQSJ);V8VT7<Y)KN)R3M8WITL7SMX<N'X'
)
7S$%&$#L%8%.' JD7B' M2' 0!' AD7B' V' 5T8%_8]?L2%L2,' M<"#M$' MS$%OK*$;' &$&' <N:O$&' M$' N8'
H:9$'8%%<$'M$'NS6J'M8%&'.;K#&'M#UU<;$%.&'&$;O#"$&'$%O#;K%%8%.&'$.'N$&';<=8;.#&'$%'.;K#&'&K2&]
L;K2=$&+' /N' OK2M;8#.' 12$' N$&' <N:O$&' &$' ;$%M$%.' "K9=.$' M$' NS2.#N#.<' M$' NS/%UK;98.#12$' M8%&'
NS$Z$;"#"$' M$&' 9<.#$;&+' BO$"' 2%' 12$&.#K%%8#;$' MS$%12g.$,' N$&' <N:O$&' &K%.' 8==$N<&' 8=;:&'
<")8%L$,'V'$Z=N#12$;'NS#9=K;.8%"$'M$'NS8==;$%.#&&8L$'M$'NS/%UK;98.#12$+))
'E) .-/'\'/"2)'0'/'.&"2)
?E) \VTMWMP7SMI8)KNJ)PI887MJJ78PNJ)) !VQI8JNJ)KNJ)VR[ZNJ)
#TVPVKN8SNJ) '
C' 0#.$;'12$N12$&'98")#%$&'$.'8==8;$#N&' C' 5K2N#%,'98")#%$'V'<";#;$,'.<N<=)K%$,'"8N"2N8.;#"$,'
2.#N#&<&'M8%&'OK.;$'9#N#$2'M$'O#$+' K;M#%8.$2;,'$."+'
C' 7$&12$NN$&'=8;9#'N$&'98")#%$&' '
"#.<$&'UK%.'2%'.;8#.$9$%.'98%2$N'K2' C' 5K2N#%'$.'98")#%$'V'<";#;$'
9<"8%#12$'c'' '
C' b2$NN$&'&K%.'"$NN$&'12#'UK%.'2%' '
.;8#.$9$%.'82.K98.#12$'c'' C' 08N"2N8.;#"$,'.<N<=)K%$'$.'K;M#%8.$2;+'
=E) +ISMZ7SMI8)]*VPI<ZNTSN^)) '
C' C$98%M$;'82Z'<N:O$&'M$'N#;$' -ILQTV_N8JMI8)KN)R7)JMS<7SMI8))
&#N$%"#$2&$9$%.'$.'V')82.$'OK#Z'N8' C' 7$".2;$'&#N$%"#$2&$'=8;'.K2&'N$&'<N:O$'$.'V')82.$'
&#.28.#K%+' OK#Z'=8;'M$2Z'K2'.;K#&'<N:O$&+'
C' C$98%M$;'82Z'<N:O$&'MS$Z=N#12$;'N8' C' 6Z=N#"8.#K%'M$'N8'&#.28.#K%'=8;'N$&'<N:O$&'$%'N$2;&'
&#.28.#K%+' =;K=;$&'9K.&+'
''E).-/'\'/"2)#!'0-'#.&"2)
,T;78MJ7SMI8)KN)R7)PR7JJN) .PSMZMSVJ)J<T)RN)S76RN7<)KN)JQVPMWMP7SMI8)
C' a$=8;.#;'N$&'<N:O$&'$%'&K2&]L;K2=$' '
$.'N$2;'M$98%M$;'M$''9$%$;'N$&' '
8".#K%&'&2""$&&#O$&'O#&8%.'V'M<U#%#;' "' (;<=8;8.#K%'M2'12$&.#K%%8#;$'MS$%12g.$'
N$&'"K%"$=.&'L<%<;82Z'$.'M<L8L$;' "' C<=NK#$9$%.'M$&'<N:O$&'M8%&'N$&'M#UU<;$%.&'
NS#9=K;.8%"$'M$'NS#%UK;98.#12$' &$;O#"$&'
' "' 6")8%L$'8O$"'N$'=$;&K%%$N'M$'M#UU<;$%.&'
' &$;O#"$&'
123
2,0(
' "' a$9=N#&&8L$'M$&'12$&.#K%%8#;$&'MS$%12g.$&'

' "' C<=K2#NN$9$%.'M$&';<&2N.8.&'M$'NS$%12g.$'
' "' C#&.#%".#K%'M$&'.*=$&'M$'.;8#.$9$%.'
' "' 0K9=8;8#&K%'M$&'.*=$&'M$'.;8#.$9$%.'
' '
' 7S#%UK;98.#12$'V'NS)$2;$'8".2$NN$'$&.'M$O$%2$'2%'
K2.#N'M$'.;8O8#N'#%M#&=$%&8TN$'=K2;'N$&'82.;$&'
9<.#$;&'M$'N8'O#$'"K2;8%.$'12$NN$'12S$%'&K#.'N8'
%8.2;$+'
'''E) 2F0/A"2")
) Ja8S_[JN)
C' CK%%$;'N8'M#&.#%".#K%'$%.;$')8;Mn8;$' [E290AI=&0I&>/AE8I1290&F0&MO>27E8/1I>?@0&U&
$.'&KU.n8;$'c'' C' 48;Mn8;$'"S$&.'N8'=8;.#$'98.<;#$NN$'P"N8O#$;,'&K2;#&,'
' $."+Q'$.'&KU.n8;$'"S$&.'N8'=8;.#$'#%.$NN#L$%.$'PNKL#"#$N'
C' b2$NN$'$&.'N8'UK%".#K%'MS2%' K2'=;KL;899$Q'M$'NSK;M#%8.$2;+'
K;M#%8.$2;c' C' .;8#.$;'N$&'#%UK;98.#K%&'M$'98%#:;$'82.K98.#12$+'
'\E)"\.&$./',0)
\VTMWMP7SMI8)KNJ)7PX<MJ)J<T)RNJ) !VQI8JNJ)7<Y)X<NJSMI8J)
J7ZIMTJ)NJJN8SMNRJ) '
C' 6";#;$'N8'M<U#%#.#K%'M$'NS#%UK;98.#12$+' C' 0S$&.'N8'&"#$%"$'M2'.;8#.$9$%.'82.K98.#12$'M$'
' NS#%UK;98.#K%+'6.'"$'.;8#.$9$%.'&$'U8#.'V'NS8#M$'MS2%'
' K;M#%8.$2;+'
C' 6Z=N#12$;'NS)#&.K#;$'M$'NS#%UK;98.#12$+' '
' C' (8;.#$'M$&'#%&.;29$%.&'P8T812$,'TK2N#$;'
' ")#%K#&dQ,'98")#%$'V'"8N"2N$;'P<N$".;K9<"8%#12$'
' $.'<N$".;K%#12$Q,'K;M#%8.$2;&'P>:;$'L<%<;8.#K%'
' 8O$"'.2T$'V'O#M$,'I:9$'L<%<;8.#K%'8O$"'.;8%&#&.K;,'
' F:9$'L<%<;8.#K%'8O$"'"#;"2#.'#%.<L;<,'h:9$'8O$"'
' 9#";K=;K"$&&$2;,'i:9$'8O$"'=2"$'<N$".;K%#12$'
C' CK%%$;'N$&'M#UU<;$%.&'.*=$&'M$' K2'"#;"2#.'#9=;#9<Q'$.'82[K2;MS)2#'NS/%UK;98.#12$'
MK%%<$&'12$'.;8#.$'NSK;M#%8.$2;'c' $&.'M$O$%2$'2%$'&"#$%"$'"K9=N$Z$+'
' '
2MS<7SMI8)JMLMR7MTN)) C' 7$&'.$Z.$&,'N$&'#98L$&'$.'N$&'&K%&,'d''
C' 6Z=N#12$;'"K99$%.'NS#%UK;98.#12$' '
=$2.'"K%.;#T2$;'82'M<O$NK==$9$%.' '
M$'NS)298%#.<' /T7MSNLN8S)KN)R7)JMS<7SMI8)JMLMR7MTN)
C' 6.2M$'"K9=8;8.#O$'M$&'L<%<;8.#K%&' C' 7S<N:O$'$Z=N#12$'N8'"K%.;#T2.#K%'M$'NS#%UK;98.#12$'
M$'=;K"$&&$2;&,'M$'N8'=N2&'O#$#NN$'V'N8' M8%&'N$'M<O$NK==$9$%.'M$'NS)298%#.<+'
=N2&';<"$%.$' '
' C' 7S<N:O$'"K9=8;$'N$&'L<%<;8.#K%&'M$&'
' =;K"$&&$2;&+'
'
-!'/"!"2)*j"\.&$./',0)
=E) 'SNLJ)O) '
8Q' a<=K%&$&'"K;;$".$&'R' cE) '/T7MSNLN8S)KN)R7)JMS<7SMI8)JMLMR7MTN)O)
K N
' "Q' ($;.#%$%"$'R' '
K N
TQ' a<=K%&$&'"K;;$".$&'R' N
K^) !.;2".2;$'R' ')
K N
' N
K N^) a<&2N.8.'R' )
N
"Q' a<=K%&$&'"K;;$".$&'R'
K
'
K
'
124
2,3(
5'-A")*3"B#&,'/./',0)*")+./!'-")0H>=)
2I<JCKIL7M8N'R'!"#$%"$&'()*&#12$&,' US76RMJJNLN8S' R'0KNN:L$'!BC/!B?B'
-$")%KNKL#$'$.'-/0' "8JNM;878S' R'5@-6JB'
/MSTN'R'7SK2.#N'#%UK;98.#12$' -R7JJN'R'H :9$'8%%<$'M$'NS6J''
-IKN'R'5-/0'>+I' !VWVTN8PN'R''
' >+' (;KL;899$'M$&'!"#$%"$&'
()*&#12$&,'.$")%KNKL#$'$.'-/0'
P(?!0(4€!'(8L$'>I>Q'
I+' C<"K2O;K%&'NS#%UK;98.#12$'>'
F+' C<"K2O;K%&'NS#%UK;98.#12$'I'
+7SVTMNR)*MK7PSMX<N'R'58.<;#$N&'"KNN$".<&'
'
-ILQVSN8PN)
&2"":&'$.'M$'98%#:;$'8""$=.8TN$,'N$&'&#.28.#K%&'U8#&8%.'8==$N'V'M$&'&8OK#;&'$&&$%.#$N&'M$'
N8'"8.<LK;#$'W'R3ITKM87SN<T'X))
C8%&' N$' "8M;$' M$' NS<.2M$' M$' NSK;M#%8.$2;' $.' M$' &$&' "K9=K&8%.&,' NS$%&$#L%8%.' M$&' -/0'
5@-6JB'M$'N8'H:9$'8%%<$'M$'NS6J'82'0KNN:L$'!BC/!B?B'M$'A#qn#.,'$%OK#$'")8"2%'M$'
&$&' <N:O$&' M8%&' N$&' $%.;$=;#&$&' $.' &$;O#"$&' $%O#;K%%8%.&' "KNN$".$;' N$&' O#$2Z' 58.<;#$N'
#%UK;98.#12$&'M<"N8&&<&'$%'O2$'M$'"K%&.#.2$;'2%'N8TK;8.K#;$'#%UK;98.#12$'=K2;'NS<"KN$+))
'E) .-/'\'/"2)'0'/'.&"2)
?E) \VTMWMP7SMI8)KNJ)PI887MJJ78PNJ) !VQI8JNJ)KNJ)VR[ZNJ)
QTVPVKN8SNJ) '
C' C<U#%#;'"$'12S$&.'NS#%UK;98.#12$+' C' 78'&"#$%"$'M$'.;8#.$9$%.'82.K98.#12$'M$'
' NS#%UK;98.#K%+'6.'"$'.;8#.$9$%.'&$'U8#.'V'
' NS8#M$'MS2%'K;M#%8.$2;+'
' '
C' CK%%$;'2%'$Z$9=N$'MS2%'.;8#.$9$%.' C' 7S8MM#.#K%'M$'%K9T;$&'V'NS8#M$'MS2%$'
82.K98.#12$+' "8N"2N8.;#"$+'
' '
=E) +ISMZ7SMI8)]*VPI<ZNTSN^)) -ILQTV_N8JMI8)KN)R7)JMS<7SMI8)
C' C$98%M$;'82Z'<N:O$&'M$'N#;$' C' 7$".2;$'&#N$%"#$2&$9$%.'M$'N8'&#.28.#K%'
&#N$%"#$2&$9$%.'$.'V')82.$'OK#Z'N8' =8;'.K2&'N$&'<N:O$&'$.'V')82.$'OK#Z'=8;'
&#.28.#K%+' M$2Z'K2'.;K#&'<N:O$&+'
C' C$98%M$;'82Z''<N:O$&'MS$Z=N#12$;'N8' C' $Z=N#"8.#K%'M$'N8'&#.28.#K%'=8;'N$&'<N:O$&'
&#.28.#K%' $%'N$2;&'=;K=;$&'9K.&+'
''E) .-/'\'/"2)#!'0-'#.&"2)
,T;78MJ7SMI8)KN)R7)PR7JJN) +MJN)N8)7PSMZMSVJ)KNJ)VR[ZNJ)
C' a$=8;.#;'N$&'<N:O$&'$%'&K2&]L;K2=$'$.'N$2;' '
M$98%M$;'M$'9$%$;'N$&'8".#K%&' "' C;$&&8L$' M$' N8' N#&.$' M$' .K2&' N$&'
&2""$&&#O$&'=K2;'#M$%.#U#$;'$.'M<";#;$'N$&' 58.<;#$N' "KNN$".<&' P"N8O#$;&,' <";8%,'
"K9=K&8%.&'58.<;#$N&'MS2%'K;M#%8.$2;+' =)K.K"K=#$2&$,' &K2;#&,' 2%#.<' "$%.;8N$,'
' "8;.K2")$&' MS$%";$,' N8=.K=,' D;M#%8.$2;'
' M$' T2;$82,' .8TN$..$,' "8N"2N8.;#"$,'
' &"8%%$2;,' #9=;#98%.$,' 0C,' "xTN$&,'
' 5KM$9,'$."+Q'
' "' a$L;K2=$9$%.' M$&' 58.<;#$N&' "KNN$".<&'
' =8;'.*=$&'R''
' -'0N8O#$;,'<";8%,'&K2;#&,'2%#.<'"$%.;8N$,''
' -'/9=;#98%.$,' !"8%%$;,' .8TN$..$,' N8=.K='
' PK;M#%8.$2;' =K;.8TN$Q,' K;M#%8.$2;'
125
2,4(
=K;.8TN$'
- 0C,' eN8&)' M#&12$,' 08;.K2")$,
()K.K"K=#$2&$
" /M$%.#U#"8.#K%' M$&' "K9=K&8%.$&' M$
T8&$' M$' NSK;M#%8.$2;' P"N8O#$;,' <";8%,
&K2;#&,'2%#.<'"$%.;8N$Q
" C$&";#=.#K%'MS2%'K;M#%8.$2;'PM<U#%#.#K%Q
" -$&.'M2'98.<;#$N'")K#&#
" !<N$".#K%'M$&'58.<;#$N'$%'TK%'<.8.
" 6.8TN#&&$9$%.'M$'N8'N#&.$'M$&'58.<;#$N
2.#N$&'=K2;'NS<"KN$
'''E 2F0/A"2"
(<NJSMI8J)KN)TVP7QMS<R7SMI8) !VQI8JNJ)KNJ)VR[ZNJ)
C 6.8TN#;'N8'M#UU<;$%"$'$%.;$'2%'K;M#%8.$2; C @%'K;M#%8.$2;'=K;.8TN$'$&.'=K;.8.#U,'&$&
=K;.8TN$'$.'2%'K;M#%8.$2;'M$'T2;$82+ "K9=K&8%.&'M$'T8&$'&K%.'#%"K;=K;<&
.8%M#&'12$'NSK;M#%8.$2;'M$'T2;$82'$&.'U#Z$
$.'&$&'"K9=K&8%.&'&K%.'M<.8")8TN$&,'$.
&K%.'"K%%$".<&'V'NS2%#.<'"$%.;8N$
C CK%%$;'N$&'U8#TN$&&$&'M$&'K;M#%8.$2;&'M$ C 7S$%"K9T;$9$%.,'N8'N$%.$2;,'N$
N8'=;$9#:;$'L<%<;8.#K%+ ;<")82UU$9$%.,'L;8%M$'"K%&K998.#K%'M$
NS<%$;L#$'<N$".;#12$
'\E "\.&$./',0
\VTMWMP7SMI8)KNJ)7PX<MJ) !VQI8JNJ)7<Y)X<NJSMI8J)
CK%%$;'N$&'8O8%.8L$&'M$'N8'M$;%#:;$' 5K#%&'$%"K9T;8%.&,'L;8%M$'O#.$&&$'M$'
L<%<;8.#K%'M$&'K;M#%8.$2;&'P8".2$N&Q' ''''.;8#.$9$%.,'=K;.8T#N#.<+'
2MS<7SMI8)JMLMR7MTN) /T7MSNLN8S)KN)R7)JMS<7SMI8)JMLMR7MTN)
C C#UU<;$%"#8.#K%'M$&'.*=$&''MSK;M#%8.$2;& 7S<N:O$'M#&.#%L2$'N$&'.*=$&'MSK;M#%8.$2;'
-!'/"!"2)*j"\.&$./',0)
?E 'SNLJ)O
O =E /T7MSNLN8S)KN)R7)JMS<7SMI8)JMLMR7MTN
8Q a<=K%&$&'"K;;$".$&'R'
O O
N
8Q ($;.#%$%"$'R'
N
N
TQ !.;2".2;$'R'
N
N
P^ a<&2N.8.'R'
N
126
2,5(
5'-A")*3"B#&,'/./',0)*")+./!'-")0H)>c)
2I<JCKIL7M8N'R'!"#$%"$&'()*&#12$&,' US76RMJJNLN8S' R''
-$")%KNKL#$'$.'-/0' "8JNM;878S' R''
/MSTN'R'7$&'=<;#=)<;#12$&'M$'T8&$' -R7JJN'R'H :9$'8%%<$'6J'
-IKN'R'5-/0'>+F' !VWVTN8PNJ'R''
>+ (;KL;899$'M$&'!"#$%"$&'()*&#12$&,
-$")%KNKL#$'$.'-/0,'P(?!0(4€!'R'(8L$
>>kQ
I+ E2#M$'$%'B==2#'82'(;KL;899$'6M2"8.#U
M2'CB!'P-/0Q
F+ C<"K2O;K%&'NS#%UK;98.#12$'>
h+ C<"K2O;K%&'NS#%UK;98.#12$'I
+7SVTMNR)*MK7PSMX<N'R'D;M#%8.$2;&,'
0N<'@!J,'&K2UUN$2;38&=#;8.$2;,'
=#%"$82,'.K2;%$O#&,'<=K%L$&'d'
-ILQVSN8PN)
B=;:&'8OK#;';<8N#&<'Ns$%&$9TN$'M$&'8".#O#.<&'=;K=K&<$&,'Ns<N:O$'&$;8'"8=8TN$'M$'.;8#.$;'8O$"'
&2"":&'$.'M$'98%#:;$'8""$=.8TN$'M$&'&#.28.#K%&'U8#&8%.'8==$N'V'M$&'&8OK#;&'$&&$%.#$N&'M$'
N8'"8.<LK;#$'W'&NJ)QVTMQ_VTMX<NJ)KN)67JN'X+)
7S$%&$#L%8%.' M$&' -/0' M$' N8' H:9$' 8%%<$' M$' NS6J' 89:%$' N$&' <N:O$&' U8#;$' L;8.2#.$9$%.,'
NS$%.;$.#$%' =;<O$%.#U' M$&' K;M#%8.$2;&' M8%&' N$&' #%&.#.2.#K%&' $%O#;K%%8%.$&+' /N' K;L8%#&$' N$&'
<N:O$&' =8;' L;K2=$&' M$' .;K#&' =8;' K;M#%8.$2;' V' $%.;$.$%#;' $.' N$2;' M$98%M$' M$' M<=K2&&#<;$;'
")812$'"K9=K&8%.$'M<"K%%$".<$+)
'E .-/'\'/"2)'0'/'.&"2
#TVPVKN8SNJ
C b2$NN$&'&K%.'N$&'M$2Z'L;8%M$&'=8;.#$& C 7S2%#.<'"$%.;8N$'$.'N$&'2%#.<&'=<;#=)<;#12$&
12#'"K%&.#.2$%.'N$'48;Mn8;$'c
C CK%%$;'N8'M#UU<;$%"$'$%.;$'"$&'M$2Z C 7S2%#.<'"$%.;8N$'$&.'N8'=8;.#$'=;#%"#=8N$'K2'N$
=8;.#$&+ "$;O$82'M$'NSK;M#%8.$2;'.8%M#&'12$'N$&
2%#.<&'=<;#=)<;#12$&'&K%.'N$&'82.;$&
"K9=K&8%.$&';$N#<$&'V'NS2%#.<'"$%.;8N$
=E +ISMZ7SMI8)]*VPI<ZNTSN^ -ILQTV_N8JMI8)KN)R7)JMS<7SMI8)
C C$98%M$;'82Z''<N:O$&'M$'N#;$ C 7$".2;$'&#N$%"#$2&$'M$'N8'&#.28.#K%'=8;'.K2&
&#N$%"#$2&$9$%.'$.'V')82.$'OK#Z'N8 N$&'<N:O$&'$.'V')82.$'OK#Z'=8;'M$2Z'K2'.;K#&
&#.28.#K%+ <N:O$&+
C C$98%M$;'82Z''<N:O$&'MS$Z=N#12$;'N8 C $Z=N#"8.#K%'M$'N8'&#.28.#K%'=8;'N$&'<N:O$&'$%
&#.28.#K%+ N$2;&'=;K=;$&'9K.&+
''E .-/'\'/"2)#!'0-'#.&"2
,T;78MJ7SMI8)KN)R7)PR7JJN)NS)PI8JM;8NJ) +MJN)N8)7PSMZMSVJ)KNJ)VR[ZNJ)
a$=8;.#;'N$&'<N:O$&'$%'&K2&]L;K2=$&'$.'
N$2;'M$98%M$;'M$'9$%$;'N$&'8".#K%&' " B"":&' V' N8' &8NN$' #%UK;98.#12$' M$
&2""$&&#O$&'=K2;'#M$%.#U#$;'N$&' NS#%&.#.2.#K%
=<;#=)<;#12$&'M$'T8&$''MS2%'K;M#%8.$2;+' " B;;g.' $.' M<T;8%")$9$%.' M$&' K;M#%8.$2;&
127
( 2,-(
$%'&$;O#"$'
" C<"K%%$Z#K%' M$' .K2&' N$&' =<;#=)<;#12$&
M$'")812$'K;M#%8.$2;
" J;8%")$9$%.' $.' M<98;;8L$' M2' &K2UUN$2;
38&=#;8.$2;
" !K2UUN8L$'M2'"N8O#$;
" D2O$;.2;$' M$&' 2%#.<&' "$%.;8N$&' $.' M$&
#9=;#98%.$&' 8O$"' N$&' .K2;%$O#&' 82
T$&K#%
" C<=K2&&#<;8L$' M$&' 82.;$&' "K9=K&8%.&
M$' NSK;M#%8.$2;' 8O$"' N$
&K2UUN$2;38&=#;8.$2;
" ?$..K*8L$' M$&' "K9=K&8%.&' M$
NSK;M#%8.$2;'8O$"'2%$'&$;O#$..$')29#M$
" e$;9$.2;$' M$&' 2%#.<&' "$%.;8N$&' $.' M$&
#9=;#98%.$&
" a$9#&$' M$' ")812$' "K9=K&8%.' V' &8
=N8"$
" /M$%.#U#"8.#K%' M$&' "K9=K&8%.&' M$' T8&$
M$'NSK;M#%8.$2;
" !<=8;8.#K%'M$&'=<;#=)<;#12$&'MS$%.;<$'$.
M$&'=<;#=)<;#12$&'M$'&K;.#$
" 0K%%$Z#K%'M$&'=<;#=)<;#12$&'M$'T8&$
" BNN298L$'M$'NSK;M#%8.$2;
" f<;#U#"8.#K%' M2' TK%' UK%".#K%%$9$%.' M$
NSK;M#%8.$2;
" B;;g.'M$'NSK;M#%8.$2;
'''E 2F0/A"2"
(<NJSMI8J)KN)TVP7QMS<R7SMI8) #7TSMPMQ7SMI8) KNJ) VR[ZNJ) `) R7) PI8JST<PSMI8)
KN)R7)Ja8S_[JN)
C 0#.$;' N$&' =<;#=)<;#12$&' M$' T8&$' MS2% C 7$&' =<;#=)<;#12$&' M$' T8&$' MS2%' K;M#%8.$2;
K;M#%8.$2;+ &K%.'N$'"N8O#$;,'NS<";8%'$.'N8'&K2;#&+
C CK%%$;' N8' M#UU<;$%"$' 12#' $Z#&.$' $%.;$ C /N' $Z#&.$' M$&' =<;#=)<;#12$&' MS$%.;<$' $.' M$
=<;#=)<;#12$' Ms$%.;<$' $.' =<;#=)<;#12$' M$ &K;.#$' MK%.' N8' M#UU<;$%"$' $&.' 12$' N$&
&K;.#$+ =;$9#$;&' &$;O$%.' V' #%.;KM2#;$' N$&' MK%%<$&
M8%&' NS2%#.<' "$%.;8N$' $.' N$&' M$;%#$;&' V' $%
;$&.#.2$;'N$&';<&2N.8.&'8=;:&'.;8#.$9$%.+
C b2$NN$&'&K%.'N$&'=8;.#$&'MS2%'"N8O#$;'c C 7$&' =8;.#$&' MS2%' "N8O#$;' &K%.'N$&' TNK"&' K2

=8O<&' 8N=)8%29<;#12$&' $.' %29<;#12$&,' N$&
.K2")$&' M$' M#;$".#K%,' M$&' .K2")$&' M$
UK%".#K%+
C 0#.$;'I'.*=$&'M$'"N8O#$;'2.#N#&<&'$.'MK%%$; C 7$'"N8O#$;'B|6a-€'$.'bp6a-€,'N$'=;$9#$;
N$2;'M#UU<;$%"$ =K2;' N8' N8%L2$' U;8%Y8#&$' $.' N$' &$"K%M' =K2;
N8'N8%L2$'8%LN8#&$+
128
2,.(
C'CK%%$;' N8' M#UU<;$%"$' $%.;$' N$' TK2.K%' C'7$'TK2.K%'L82")$'$&.'N$'TK2.K%'=;#%"#=8N'$.'

L82")$'$.'N$'TK2.K%'M;K#.'M$'N8'&K2;#&' N$'TK2.K%'M;K#.'K2O;$'2%'9$%2'"K%.$Z.2$N+'
'\E) "\.&$./',0))
\VTMWMP7SMI8)KNJ)7PX<MJ)J<T)RNJ)J7ZIMTJ) !VQI8JNJ)KNJ)VR[ZNJ)
NJJN8SMNRJ) '
8Q'0#.$;'F'=<;#=)<;#12$&'MS$%.;<$'$.'F'''''' C'!"8%%$;,' 8==8;$#N' =)K.K' $.' 9#";K=)K%$' 3'
M$'&K;.#$+' #9=;#98%.$,'<";8%'$.'T8UUN$+'
TQ'C8%&'12$NN$'"8.<LK;#$'M$'=<;#=)<;#12$&' C'C8%&' N8' "8.<LK;#$' M$' =<;#=)<;#12$&' M$'
"N8&&$].]K%'NS#9=;#98%.$'c''•2&.#U#$;+' &K;.#$+'6NN$'=$;9$.'M$'&K;.#;'N$&'MK%%<$&'&2;'
"Q'CK%%$;'N8'%<"$&&#.<'M$&'.K2")$&'M$&'' =8=#$;+''
''''UK%".#K%&'M8%&'2%'"N8O#$;' C'6NN$&'K%.'2%$'UK%".#K%'&=<"#U#12$'=8;'
' ;8==K;.'''V'")812$'NKL#"#$N'P6Z$9=N$'e>'t'
' 8#M$Q'
2MS<7SMI8)JMLMR7MTN)) /T7MSNLN8S)KN)R7)JMS<7SMI8)JMLMR7MTN)
C' '/%&.8NN8.#K%'M$'%K2O$82Z'K;M#%8.$2;&' 7$&'<N:O$&'#%&.8NN$%.'N$&'K;M#%8.$2;&'M$'
M$'NS<"KN$+'' NS<"KN$+''
-!'/"!"2)*j"\.&$./',0)
?E) 'SNLJ)O) =E) /T7MSNLN8S)KN)R7)JMS<7SMI8)JMLMR7MTN)O)
N K
8Q' a<=K%&$&'"K;;$".$&'R' ' 8Q' ($;.#%$%"$'R' '
N K
N N
TQ' a<=K%&$&'"K;;$".$&'R' ' TQ' !.;2".2;$'R' '
N N
K N
"Q' a<=K%&$&'"K;;$".$&'R' ' "Q' a<&2N.8.'R' '
K N
' '
129
( 2,/(
5'-A")*3"B#&,'/./',0)*")+./!'-")0H>d)
2I<JCKIL7M8N'R'!"#$%"$&'()*&#12$&,' US76RMJJNLN8S' R'60D76'7B'aD!66'
-$")%KNKL#$'$.'-/0' "8JNM;878S' R'5@|6'
/MSTN'R'C<"K2O$;.$'M$'p#%MKn&' -R7JJN'R'H :9$'8%%<$'M$'NS6J'
-IKN'R'5-/0'>+h' !VWVTN8PN'R''
' >+' (;KL;899$'M$&'!"#$%"$&'
()*&#12$&,'.$")%KNKL#$'$.'-/0'
P(?!0(4€!'(8L$'>I>Q'
I+' C<"K2O;K%&'NS#%UK;98.#12$'>'
F+' C<"K2O;K%&'NS#%UK;98.#12$'I'
+7SVTMNR)*MK7PSMX<N'R'B==8;$#N'=)K.K'
%29<;#12$,'K;M#%8.$2;,'d'
-ILQVSN8PN)
&2"":&'$.'M$'98%#:;$'8""$=.8TN$,'N$&'&#.28.#K%&'U8#&8%.'8==$N'V'M$&'&8OK#;&'$&&$%.#$N&'M$'
N8'"8.<LK;#$'W'5I8K7LN8S7<Y)KN)fM8KImJ'X'
B=;:&' 2%$' [K2;%<$' "2N.2;$NN$,' N$' C#;$".$2;' M$' NS<"KN$' W'N8' aK&<$'X' ;$9$.' NS8==8;$#N' =)K.K'
%29<;#12$' 82Z' <N:O$&' M$' N8' H:9$' 8%%<$' M$' NS6M2"8.#K%' M$' J8&$+' /N' N$2;' M$98%M$' M$'
;<"2=<;$;'N$&'=)K.K&'$.'N$&'9$..;$'&2;'N$'T2;$82'M$'p#%MKn&'M$'NSK;M#%8.$2;'M2'!$";<.8;#8.+'
7S$%&$#L%8%.' 5@|6' M$&' -/0' M$' N8' "N8&&$' M$' H:9$' N$2;' ;$9$.' 82&&#' 2%$' "N<' @!J' =8;"$'
12S#N'O$2.'2%$'"K=#$'M$'"$&'=)K.K&+))
'E) .-/'\'/"2)'0'/'.&"2)
?E) \VTMWMP7SMI8)KNJ)PI887MJJ78PNJ) !VQI8JNJ)KNJ)VR[ZNJ)
QTVPVKN8SNJ) '
) C' 7S2%#.<'"$%.;8N$'PN$'(;K"$&&$2;Q'
C' 0K99$%.'8==$NN$].]K%'N$'"$;O$82'M$' '
NSK;M#%8.$2;' C' !KU.n8;$'R'$&.'N8'=8;.#$'#%.$NN#L$%.$'M$'
C' b2$'&#L%#U#$%.'N$&'.$;9$&'R'!KU.n8;$'$.' NSK;M#%8.$2;'
48;Mn8;$'c' C' 48;Mn8;$'R'$&.'N8'=8;.#$'98.<;#$NN$'M$'
' NSK;M#%8.$2;'
' -ILQTV_N8JMI8)KN)R7)JMS<7SMI8))
=E) +ISMZ7SMI8)]*VPI<ZNTSN^)) C' 7$".2;$'&#N$%"#$2&$'=8;'.K2&'N$&'<N:O$&'$.'
C' C$98%M$;'82Z'<N:O$&'M$'N#;$' V')82.$'OK#Z'=8;'M$2Z'K2'.;K#&'<N:O$&'
&#N$%"#$2&$9$%.'$.'V')82.$'OK#Z'N8' C' 6Z=N#"8.#K%'M$'N8'&#.28.#K%'=8;'N$&'<N:O$&'
&#.28.#K%' $%'N$2;&'=;K=;$&'9K.&+'
C' C$98%M$;'82Z''<N:O$&'MS$Z=N#12$;'N8'
&#.28.#K%'
''E) .-/'\'/"2)#!'0-'#.&"2)
C' a$=8;.#;'N$&'<N:O$&'$%'&K2&]L;K2=$'$.'N$2;' '
M$98%M$;'M$'9$%$;'N$&'8".#K%&' "' BNN298L$'M$'NSK;M#%8.$2;'
&2""$&&#O$&'=K2;'98o.;#&$;'N$&' "' DT&$;O8.#K%'M$&'KT[$.&'P#"{%$&Q'&2;'
UK%M89$%.82Z'M$'p#%MKn&+' NS<";8%'M$'M<98;;8L$'PT2;$82Q'M$'
' p#%MKn&'
'' "' /M$%.#U#"8.#K%'M$&'#"{%$&'P0K;T$#NN$,'
' K;M#%8.$2;,'"8N$%M;#$;,')K;NKL$,'/%.$;%$.'
' 6Z=NK;$;,'JK2.K%'W'M<98;;$;'X,'TK2.K%'
p#%MKn&'W'9<M#8'(N8*$;'X,'d+'
"' 0K%%$Z#K%'M$'NS8==8;$#N'=)K.K'
%29<;#12$'$.'M$'N8'"N<'@!J'
"' D2O$;.2;$'M$'NS8==8;$#N'=)K.K'%29<;#12$'
130
201(
=8;'"N#"'
"' 0K=#$'M$&'=)K.K&'
"' 0N#"'&2;'N$'TK2.K%'M<98;;$;'=2#&'&2;'
W'9$&'#98L$&'X'
"' 0KNN8L$'M$&'=)K.K&'M8%&'9$&'#98L$&'$.'
M8%&'N8'"N<'@!J'
"' 0;<8.#K%'M2';8""K2;"#'W'()K.K&'X'&2;'N$'
T2;$82'M$'p#%MKn&'
"' a$.;8#.'M$'N8'"N<'@!J'$.'M$'NS8==8;$#N'
=)K.K'%29<;#12$'
"' B;;g.'M$'NSK;M#%8.$2;'
'''E) 2F0/A"2")
(<NJSMI8J)KN)TVP7QMS<R7SMI8) #7TSMPMQ7SMI8)KNJ)VR[ZNJ)`)R7)QTIK<PSMI8)
C' b2$NN$'$&.'NS#"{%$'M2'T2;$82'12#'=$;9$.' KN)R7)Ja8S_[JN)
MS8""<M$;'V'.K2&'N$&'=;KL;899$&'#%&.8NN<&' C' 7$'TK2.K%'W'M<98;;$;'X'=$;9$.'MS8""<M$;'
M8%&'NSK;M#%8.$2;'c' V'.K2.$&'N$&'8==N#"8.#K%&'P=;KL;899$&Q'
' M#&=K%#TN$&'M8%&'2%'K;M#%8.$2;+'
' '
C' 0K99$%.'#M$%.#U#$].]K%'2%$'#"{%$'&2;'N$' C' 0)812$'#"{%$'&2;'N$'T2;$82'=K;.$'2%'%K9''
T2;$82'c' '
C' b2$'&$'=8&&$].]#N'NK;&12$'NSK%'MK2TN$] C' 7K;&12SK%'MK2TN$]"N#12$'&2;'2%$'#"{%$,'
"N#12$'&2;'2%$'#"{%$'c' 2%$'U$%g.;$'&SK2O;$'P&S8UU#")$Q''
' '
C' 0#.$_'N$&'M#UU<;$%.&'<N<9$%.&'MS2%$'U$%g.;$' C' N$&'M#UU<;$%.&'<N<9$%.&'MS2%$'U$%g.;$'
p#%MKn&+' p#%MKn&'&K%.'N$&'TK2.K%&,'N$&'T8;;$&'M$'
.#.;$,'M$&'9$%2&,'M$&'.x")$&,'M$'
M<U#N$9$%.'$."+,'N$&'"K998%M$&,''N$&'
"8&$&'V'"K")$;'K2'MSK=.#K%,'$."+'
'\E) "\.&$./',0)
NJJN8SMNRJ) C' 6%'")8%L$8%.'N$'=8=#$;'=$#%.+''
C' 0K99$%.'=$2.]K%'9KM#U#$;'NS#98L$' '
MS8;;#:;$]=N8%'M2'T2;$82'M$'p#%MKn&' '
' C' B'N8'&2==;$&&#K%'=)*&#12$'M$&'MK%%<$&'
C' B'12#'&$;.'N8'O#M8%L$'M$'N8'"K;T$#NN$'f#M$;' M$'NSK;M#%8.$2;''
N8'"K;T$#NN$' '
' C' (8;'NS2&8L$'MS2%'N$".$2;'M$'92&#12$'
C' BO$"'12K#'=$2.]K%'[K2$;'2%'9K;"$82'M$' "K99$'p#%MKn&'5$M#8'(N8*$;'
92&#12$'&2;'K;M#%8.$2;' '
' /T7MSNLN8S)KN)R7)JMS<7SMI8)JMLMR7MTN)
2MS<7SMI8)JMLMR7MTN)) 7S<N:O$'98%#=2N$'N$&'&2==K;.&'89KO#TN$&+'
C' 58%#=2N8.#K%'M$&'&2==K;.&'89KO#TN$&'R'
"K=#$'M$&'U#")#$;&'M$'NSK;M#%8.$2;'O$;&'N$&'
&2==K;.&'89KO#TN$&'$.'O#"$]O$;&8+'
'
'
'
\E) -!'/"!"2)*j"\.&$./',0))
?E) 'SNLJ)O) =E) '/T7MSNLN8S)KN)R7)JMS<7SMI8)JMLMR7MTN)
N O)
8Q' a<=K%&$&'"K;;$".$&'R' '
N N
K 8Q' ($;.#%$%"$'R' '
TQ' a<=K%&$&'"K;;$".$&'R' ' N
K N
K TQ' !.;2".2;$'R' '
"Q' a<=K%&$&'"K;;$".$&'R' ' N
K N
' P^) a<&2N.8.'R' )
N
131
( 202(
5'-A")*3"B#&,'/./',0)*")+./!'-")0H)>e)
2I<JCKIL7M8N'R'!"#$%"$&'()*&#12$&,' US76RMJJNLN8S' R'0!'6JD?CD'
-$")%KNKL#$'$.'-/0' "8JNM;878SN' R'ABJD?ED'J;#L#..$'
*MJPMQRM8N' R'-/0' *7SN'R'''
/MSTN'R'e/04/6a!'6-'a6(6a-D/a6!' -R7JJN'R'H :9$'8%%<$'6J''
-IKN'R'5-/0'>+i' !VWVTN8PNJ'R''
>+ (;KL;899$'M$&'!"#$%"$&
()*&#12$&,'.$")%KNKL#$'$.'-/0
P(?!0(4€!'=+'>I>Q
I+ E2#M$'$%'8==2#'82'=;KL;899$
F+ C<"K2O;K%&'NS#%UK;98.#12$'>
h+ C<"K2O;K%&'NS#%UK;98.#12$'I
+7SVTMNR)*MK7PSMX<N'R'D;M#%8.$2;,'"N<'
@!J,'"8;.$'9<9K#;$'
-ILQVSN8PN)
&2"":&'$.'M$'98%#:;$'8""$=.8TN$'M$&'&#.28.#K%&'U8#&8%.'8==$N'V'M$&'&8OK#;&'$&&$%.#$N&'M$'N8'
"8.<LK;#$'W'5MP_MNTJ)NS)TVQNTSIMTNJ)X+'
7S6"KN$'6TK%MK'V'!$9$%Mn8'8'<.<'8..812<$'=8;'N$&'T8%M#.&'M8%&'N8'%2#.+'7$'M#;$".$2;'O#$%.'
N$' 98.#%,' "K%&.8.$;' N$&' M<Lx.&' $.' M<"#M$' M$' "K%.8".$;' N$&' 82.K;#.<&' =;KO#%"#8N$&' M$' 58z]
?MK9T$' V' /%K%LK+' 7$' C#;$".$2;' &$' &K2O#$%.' 12S#N' =K&&:M$' 2%' U#")#$;' (Ce' "K%.$%8%.' N$&'
"KK;MK%%<$&' M$' .K2.$&' N$&' 82.K;#.<&' =KN#"#:;$&' M$' 58z]?MK9T$+' 58#&' N$' C#;$".$2;' %$'
;$.;K2O$'=8&'&K%'U#")#$;'12#'MS)8T#.2M$'$&.'&2;'&K%'T2;$82'p#%MKn&+'/N'U8#.'8==$N'82Z'<N:O$&'
M$' N8' H:9$' 8%%<$' M$' NS6J' =K2;' NS8#M$;' V' ;$.;K2O$;' N$' U#")#$;+' /N' =;KU#.$' M$' NSK""8&#K%' =K2;'
M$98%M$;'82Z'<N:O$&'MSK;L8%#&$;'&$&'U#")#$;&'M$'.;8O8#N'=N8"<&'$%'O;8"'M8%&'N$';<=$;.K#;$'W'
5$&'CK"29$%.&'X+'
'E .-/'\'/"2)'0'/'.&"2
\VTMWMP7SMI8)KNJ)PI887MJJ78PNJ) !VQI8JNJ)7<Y)X<NJSMI8J)
#TVPVKN8SNJ)
C 0#.$;'N$&'<N<9$%.&'MS2%$'U$%g.;$'p#%MKn&+ C 7$&'T8;;$&,'N$&'TK2.K%&,'N$&'TK#.$&'M$
M#8NKL2$,'$."+
C CK%%$;'N$&'M#UU<;$%.$&'U8YK%&'=K2;'N8%"$; C CK2TN$'"N#"'&2;'NS#"{%$'&2;'N$'T2;$82'K2
2%'=;KL;899$+ "N#"'&2;'N$'TK2.K%'M<98;;$;']'.K2&'N$&
=;KL;899$&+
C !82O$L8;M$;'N$&'U#")#$;&'&2;'N8'"N<'@!J'$.
&2;'2%$'"8;.$'9<9K#;$+ @.#N#&8.#K%'M$'N8'"K998%M$'W'$%OK*$;'
+ISMZ7SMI8)]*VPI<ZNTSN^)) O$;&'X'M2'9$%2'"K%.$Z.2$N+'
C$98%M$;'82Z''<N:O$&'M$'N#;$' -ILQTV_N8JMI8)KN)R7)JMS<7SMI8'
&#N$%"#$2&$9$%.'$.'V')82.$'OK#Z'M$'N8' C 7$".2;$'&#N$%"#$2&$'M$'N8'&#.28.#K%'=8;
&#.28.#K%+' .K2&'N$&'<N:O$&'$.'=2#&'V'')82.$'OK#Z'=8;
M$2Z'K2'.;K#&'<N:O$&+
C C$98%M$;'82Z''<N:O$&'MS$Z=N#12$;'N8 C $Z=N#"8.#K%'M$'N8'&#.28.#K%''=8;'N$&'<N:O$&
&#.28.#K%+ $%'N$2;&'=;K=;$&'9K.&+
''E .-/'\'/"2)#!'0-'#.&"2
a<=8;.#;'N$&'<N:O$&'$%'&K2&]L;K2=$&'$.'N$2;'
M$98%M$;'M$'9$%$;'N$&'8".#K%&'&2""$&&#O$&' " C<98;;8L$'M$'NSK;M#%8.$2;
=K2;'";<$;'$.'K;L8%#&$;'N$&'U#")#$;&'$.'N$&' " 0N#"' &2;' N$' TK2.K%' W'C<98;;$;'X,
;<=$;.K#;$&' $%&2#.$'&2;'MK"29$%.&';<"$%.&
" a$")$;")$' p#%MKn&' P=8;' M8.$,' =8;
132
20,(
.*=$,'%K9dQ'
" 0K=#$'M2'U#")#$;'"K%"$;%<
" 0KNN8L$' M2' U#")#$;' P(CeQ' M8%&' &K%
$9=N8"$9$%.'K;#L#%$N'PN$'T2;$82Q
" D2O$;.2;$' M2' ;<=$;.K#;$' W'5$&
MK"29$%.&'X
" 0;<8.#K%' M$&' &K2&];<=$;.K#;$&' &$NK%' N8
%8.2;$'M$&'U#")#$;&
" 0K=#$'M$&'U#")#$;&'&$NK%'N$2;'%8.2;$
" 0KNN8L$'M$&'U#")#$;&'M8%&'")812$'&K2&]
;<=$;.K#;$'&$NK%'N$2;'%8.2;$
" !2==;$&&#K%'M$&'U#")#$;&'#%2.#N$&
" f#M8L$'M$'N8'"K;T$#NN$
" B;;g.'M$'NSK;M#%8.$2;
'''E 2F0/A"2"
(<NJSMI8J)KN)TVP7QMS<R7SMI8) #7TSMPMQ7SMI8)KNJ)VR[ZNJ)`)R7)QTIK<PSMI8)
KN)R7)Ja8S_[JN)
C 6Z=N#12$;'N8'M#UU<;$%"$'$%.;$';<=$;.K#;$'$. C 78'M#UU<;$%"$'$%.;$'2%';<=$;.K#;$'$.'2%
&K2&];<=$;.K#;$'c &K2&';<=$;.K#;$'$&.'12$'N$'&K2&'u
;<=$;.K#;$'&$'.;K2O$'V'NS#%.<;#$2;'MS2%
C (K2;12K#'=$2.]K%';<"2=<;$;'2%'U#")#$; ;<=$;.K#;$
&2==;#9<'M2';<=$;.K#;$'W5$&'MK"29$%.&'X'c C @%'U#")#$;'&2==;#9<'M$'9$&'MK"29$%.&
•2&.#U#$;'N8';<=K%&$+ PM$'NSK;M#%8.$2;Q'=$2.'g.;$';<"2=<;<,'=8;"$
12S#N'&$';$.;K2O$'M8%&'N8'"K;T$#NN$,'$%
C (K2;12K#'%$'=$2.]K%'=8&';<"2=<;$;'2% $Z<"2.8%.'N8'"K998%M$'W';$&.82;$;'X
U#")#$;'&2==;#9<'M$'N8'"K;T$#NN$'c'•2&.#U#$;'N8 C @%'U#")#$;'&2==;#9<'M$'N8'"K;T$#NN$'%$
;<=K%&$+ =$2.'g.;$';<"2=<;<'=8;"$'12S#N'$&.
C b2$N'.*=$'M$'MK%%<$&'$&.'"K%.$%2'M8%&'2% "K9=N:.$9$%.'&2==;#9<'M$'NSK;M#%8.$2;
U#")#$;'•(E'c P&2==;$&&#K%'=)*&#12$Q
C @%'U#")#$;'•(E'"K%.#$%.'M$&'MK%%<$&'M$
.*=$'W'#98L$&'X
C b2$NN$'M#UU<;$%"$'U8#.$&]OK2&'$%.;$'U#")#$;
&*&.:9$'$.'U#")#$;'2.#N#&8.$2;'c C @%'U#")#$;'&*&.:9$'&$;.'82'UK%".#K%%$9$%.
M$'NSK;M#%8.$2;'P&*&.:9$'MS$Z=NK#.8.#K%Q
C @%'U#")#$;'2.#N#&8.$2;'$&.'"$N2#'";<<'=8;
NS2.#N#&8.$2;'PV'=8;.#;'MS2%'NKL#"#$N
MS8==N#"8.#K%Q
'\E "\.&$./',0
\VTMWMP7SMI8)KNJ)7PX<MJ)J<T)RNJ)J7ZIMTJ) !VQI8JNJ)7<Y)X<NJSMI8J)
NJJN8SMNRJ)
C (K2;12K#'O#M$].]K%'N8'"K;T$#NN$'c C (K2;'N#T<;$;'NS$&=8"$'&2;'N$'M#&12$'M2;+
C (K2;12K#'";<$].]K%'N$&';<=$;.K#;$&'c C (K2;'9#$2Z'K;L8%#&$;'N$&'U#")#$;&
PMK"29$%.&Q+
C b2$NN$'M#UU<;$%"$'*]8].]#N'$%.;$'U#")#$;'$. C 7$';<=$;.K#;$'$&.'2%$'UK;9$'MS8;9K#;$
;<=$;.K#;$'c <N$".;K%#12$'8NK;&'12S2%'U#")#$;'$&.'2%
MK"29$%.+'7$';<=$;.K#;$'$&.'N$'"K%.$%8%.
.8%M#&'12$'N$'U#")#$;'$.'N$'"K%.$%2+
C 0K99$%.';$"K%%8#.]K%'N$'UK;98.'MS2% C (8;'&K%'$Z.$%&#K%+
U#")#$;'c
C (K2;12K#'"$;.8#%&'U#")#$;&'&K%.]#N&'8==$N<& C (8;"$'12S#N&'#%.$;O#$%%$%.'M8%&'N$
U#")#$;&'&*&.:9$&'c UK%".#K%%$9$%.'M$'NSK;M#%8.$2;+
C CK%%$;'N$'UK;98.'M$&'U#")#$;&'82M#K'12$ C 5(F,'5(h,'p5B,'$."+
OK2&'"K%%8#&&$_+
133
( 200(
'' '
2MS<7SMI8)JMLMR7MTN) /T7MSNLN8S)KN)R7)JMS<7SMI8)Q7T)RNJ)
C'C$98%M$;'82Z'<N:O$&'MSK;L8%#&$;'N$2;&'' VR[ZNJ)
=;K=;$&'U#")#$;&'M8%&'&8'"N<'@!J'K2'M8%&' 7$&'<N:O$&'K;L8%#&$%.'N$2;&'U#")#$;&'M8%&'
2%$'"8;.$'9<9K#;$+' 2%'&2==K;.'89KO#TN$+'
C'C$98%M$;'82Z'<N:O$&'M$'"K%O$;.#;'2%'U#")#$;'
pK;M'$%'(Ce'
'
-!'/"!"2)*j"\.&$./',0)
dE) 'SNLJ)O) i+' '/T7MSNLN8S)KN)R7)JMS<7SMI8)JMLMR7MTN'
K R'
8Q' a<=K%&$&'"K;;$".$&'R' '
K K
K 8Q' ($;.#%$%"$'R' '
TQ' a<=K%&$&'"K;;$".$&'R' ' K
K N
K TQ' !.;2".2;$''''R' '
"Q' a<=K%&$&'"K;;$".$&'R' ' N
K N
K "Q' a<&2N.8.''''''R' '
MQ' a<=K%&$&'"K;;$".$&'R' ' N
K '
K
$Q' a<=K%&$&'"K;;$".$&'R' '
K
K
UQ' a<=K%&$&'"K;;$".$&'R' '
K
'
'
'
'
'
'
'
'
'
'
'
5'-A")*3"B#&,'/./',0)*")+./!'-")0H)>g)
-$")%KNKL#$'$.'-/0' "8JNM;878S' R''
/MSTN'R'B=$;Y2'$.'2.#N#&8.#K%'M$'NS#%.$;%$.'' -R7JJN'R'H :9$'8%%<$'6J''
-IKN'R'5-/0'>+j' !VWVTN8PN'R''
' >+' (;KL;899$'M$&'!"#$%"$&'()*&#12$&,'
.$")%KNKL#$'$.'-/0'P(?!0(4€!'(8L$'
>I>Q'
I+' C<"K2O;K%&'NS#%UK;98.#12$'>'
F+' C<"K2O;K%&'NS#%UK;98.#12$'I'
+7SVTMNR)*MK7PSMX<N'R'D;M#%8.$2;&,'0N<'@!J,'
9KM$9'#%.$;%$.'
-ILQVSN8PN)
&2"":&'$.'M$'98%#:;$'8""$=.8TN$,'N$&'&#.28.#K%&'U8#&8%.'8==$N'V'M$&'&8OK#;&'$&&$%.#$N&'M$'
N8'"8.<LK;#$'W''8SNT8NS)NS)-ILL<8MP7SMI8'X+)
B=;:&'N8'=2TN#"8.#K%'M$&';<&2N.8.&'M$&'<=;$2O$&'M$'NS6Z89$%'MS6.8.'<M#.#K%'IG>j]IG>H,'N$'
(;<U$.'M2'-2)+'o.&.F''&#.2<'M8%&'N8'"K992%$'M$'7$9T8,'8%%K%"$'82Z'=8;$%.&'12$'N$&'
;<&2N.8.&'M$'&K%'<"KN$'&K%.'M#&=K%#TN$&'&2;'N$'&#.$'#%.$;%$.'M2'5#%#&.:;$'M$'NS6(!(+'
7S$%&$#L%8%.'ABJD?ED'J;#L#..$'$%&$#L%8%.$''M$&'-/0'M$'N8'"N8&&$'M$'H:9$'8%%<$'M$'NS6J'
$%'=;KU#.$'=K2;'M$98%M$;'V'&$&'<N:O$&'M$'N$&'"K%&2N.$;'$.'N2#'"K992%#12$;'N$';<&2N.8.'M$'N8'
&$".#K%'58.)]()*&#12$'M$'NS<"KN$'&K2&'UK;98.'%29<;#12$'&2;'2%'&2==K;.'89KO#TN$+)
134
203(
'E .-/'\'/"2)'0'/'.&"2
?E \VTMWMP7SMI8)KNJ)PI887MJJ78PNJ !VQI8JNJ)7<Y)X<NJSMI8J)
#TVPVKN8SNJ C 7$&'T8;;$&,'N$&'TK2.K%&,'N$&'TK#.$&'M$
C 0#.$;'N$&'<N<9$%.&'MS2%$'U$%g.;$ M#8NKL2$,'d
p#%MKn&+ C CK2TN$'"N#"'&2;'NS#"{%$'M2'T2;$82'\'V'=8;.#;'M2
C CK%%$;'N$&'M#UU<;$%.$&'U8YK%&'=K2; TK2.K%'M<98;;$;].K2&'N$&'=;KL;899$&+
N8%"$;'2%'=;KL;899$+
=E +ISMZ7SMI8)]*VPI<ZNTSN^ C 7$".2;$'&#N$%"#$2&$'M$'N8'&#.28.#K%'=8;'.K2&
C C$98%M$;'82Z''<N:O$&'M$'N#;$ N$&'<N:O$&'$.')82.$'OK#Z'=8;'M$2Z'K2'.;K#&
&#N$%"#$2&$9$%.'$.'V')82.$'OK#Z'N8 <N:O$&
&#.28.#K%+
C C$98%M$;'82Z''<N:O$&'MS$Z=N#12$;'N8 C 0K9=;<)$%&#K%'M$'N8'&#.28.#K%'''R'$Z=N#"8.#K%
&#.28.#K%+ M$'N8'&#.28.#K%'=8;'N$&'<N:O$&'$%'N$2;&'=;K=;$&
.$;9$&+
''E .-/'\'/"2)#!'0-'#.&"2
C a$=8;.#;'N$&'<N:O$&'$%'&K2&]L;K2=$&'$.
N$2;'M$98%M$;'M$'9$%$;'N$&'8".#K%& " B"":&' 82' N8TK;8.K#;$' #%UK;98.#12$' M$
&2""$&&#O$&'=K2;'M<"K2O;#;'/%.$;%$.'$. NS<"KN$'K2'M8%&'2%'"*T$;'"8U<
&K%'UK%".#K%%$9$%.+ " C<98;;8L$'M$'NSK;M#%8.$2;
" f<;#U#"8.#K%' M$' N8' "K%%$Z#K%' #%.$;%$.' &2;
NSK;M#%8.$2;
" 78%"$9$%.'M2'%8O#L8.$2;
" 78%"$9$%.' M$' N8' ;$")$;")$' M2' &#.$
#%.$;%$.'M2'5#%#&.:;$
" 0N#12$'&2;'N$'N#$%'"K;;$&=K%M8%.
" a$"K%%8#&&8%"$' M$' N8' =8L$' MS8""2$#N' M2
&#.$'#%.$;%$.'M$'NS6(!(
" 0N#12$' &2;' N$' N#$%' a<&2N.8.&' 6Z89$%&
MS6.8.
" 0N#12$'&2;'N$'N#$%'a<&2N.8.&'<"KN$&
" !<N$".#K%' M$' N8' =;KO#%"$,' NSK=.#K%' $.
NS8%%<$
" 0N#12$'&2;'N$'TK2.K%'NS#%#.#8N'"K;;$&=K%M8%.
82'%K9'M$'NS<"KN$
" f<;#U#"8.#K%' M$' N8' =;<&$%"$' M2' %K9' M$
NS<"KN$'&2;'N$';<&2N.8.'8UU#")<
" 0N#12$' &2;' N$' TK2.K%' W'#9=;#9$;'X' &$
.;K2O8%.'&2;'N8'N#L%$'M2'%K9'M$'NS<"KN$
" 0K%%$Z#K%' M2' M#&12$' 89KO#TN$' P"N<' @!JQ
V'NS2%#.<'"$%.;8N$
" -<N<")8;L$9$%.' M2' ;<&2N.8.' M$' NSK=.#K%
58.)]()*&#12$
" !=<"#U#"8.#K%' M$' NS$9=N8"$9$%.' K~' N$
U#")#$;'&$;8'.<N<")8;L<'P0N<'@!JQ
" e$;9$.2;$'M$'N8'U$%g.;$'M2'&#.$'#%.$;%$.
" a$.;8#.' M2' M#&12$' 89KO#TN$' M$' N`2%#.<
"$%.;8N$
" B;;g.'M$'NSK;M#%8.$2;
" a$9#&$'M2';<&2N.8.'82'=;KU$&&$2;
135
( 204(
'''E 2F0/A"2"
(<NJSMI8J)KN)TVP7QMS<R7SMI8) #7TSMPMQ7SMI8)KNJ)VR[ZNJ)`)R7)QTIK<PSMI8)KN)
R7)Ja8S_[JN)
C 6Z=N#12$;'NS8T;<O#8.#K%'ppp'c C 7S8T;<O#8.#K%'ooo'&#L%#U#$'$%'8%LN8#&'`oE8MF
o>F0&o0NO,'12#'&#L%#U#$'$%'U;8%Y8#&'.K#N$
MS8;8#L%<$'9K%M#8N$
C (K2;12K#'%$'=$2.]K%'=8&'8""<M$;'&2; C D%'%$'=$2.'=8&'8""<M$;'V'2%'&#.$'#%.$;%$.'V
2%'&#.$'#%.$;%$.'V'=8;.#;'MS2%'K;M#%8.$2; =8;.#;'MS2%'K;M#%8.$2;'%K%'"K%%$".<'V
%K%'"K%%$".<'V'NS#%.$;%$.'c'•2&.#U#$;'N8 NS#%.$;%$.,'=8;"$'12$'&8%&'"K%%$Z#K%'#%.$;%$.
;<=K%&$+ #N'$&.'#9=K&&#TN$'MSg.;$'$%'N#8#&K%'V'2%'&#.$'12#
$&.'&2;'2%'K;M#%8.$2;'M#&.8%.+
\E "\.&$./',0
NJJN8SMNRJ)
C 78%"$;'N$'%8O#L8.$2;,'&8#&#;'Ns8M;$&&$'M2'&#.$
C 0#.$;'N$&'<.8=$&'MS8"":&'V'2%'&#.$ &2;'N8'T8;;$'MS8M;$&&$'M2'%8O#L8.$2;'K2'N$
#%.$;%$.+ %K9'M2'&#.$'M8%&'N8'_K%$'M$';$")$;")$+
C 7$&'#%UK;98.#K%&,'N$&'#98L$&,'N$&'O#M<K&,'N$&
"K2;&,'N$&'&$;O#"$&,'d
C b2$'"K%.#$%.'2%'&#.$'#%.$;%$.'c C 5K*$%'M$'"K992%#"8.#K%'=K2;'NS8;9<$
89<;#"8#%$'NK;&'M$'N8'L2$;;$'U;K#M$
C CK%%$;'NS2.#N#&8.#K%'#%#.#8N$'M$'NS#%.$;%$. C 7S8==$NN8.#K%'$&.'2%$'8T;<O#8.#K%'M2'9K.
8%LN8#&'W'?$.nK;q'X'12#'&#L%#U#$';<&$82
C 6Z=N#12$;'NS8==$NN8.#K%'?6-
2MS<7SMI8)JMLMR7MTN) /T7MSNLN8S)KN)R7)JMS<7SMI8)Q7T)RNJ)VR[ZNJ)
C (8;.#"#=8.#K%'V'2%'"K%"K2;&'$%'N#L%$'K2 7S<N:O$'=8;.#"#=$'V'2%'"K%"K2;&'K2'$UU$".2$'
8")8.'$%'N#L%$'P$]"K99$;"$Q+ 2%'8")8.'$%'N#L%$'
-!'/"!"2)*j"\.&$./',0)
N K
8Q a<=K%&$&'"K;;$".$&'R' 8Q ($;.#%$%"$'R'
N K
N N
TQa<=K%&$&'"K;;$".$&'R' 6^ !.;2".2;$'R'
N N
K N
"Q a<=K%&$&'"K;;$".$&'R' P^ a<&2N.8.'R'
K N
K
MQ a<=K%&$&'"K;;$".$&'R'
K
136
205(
5'-A")*3"B#&,'/./',0)*")+./!'-")0H)>h)
-$")%KNKL#$'$.'-/0' "8JNM;878S' R''
/MSTN'R'!#.$&'/%.$;%$.'$.'08.<LK;#$&' -R7JJN'R'H :9$'8%%<$'6J'
-IKN'R'5-/0'>+H' !VWVTN8PNJ'R''
>+ (;KL;899$' M$&' !"#$%"$&' ()*&#12$&,
-$")%KNKL#$' $.' -/0,' P(?!0(4€!'R
(8L$'>IIQ
I+ E2#M$' $%' B==2#' 82' (;KL;899$
6M2"8.#U'M2'CB!'P-/0Q
F+ C<"K2O;K%&'NS#%UK;98.#12$'>
h+ C<"K2O;K%&'NS#%UK;98.#12$'I
+7SVTMNR) *MK7PSMX<N' R' D;M#%8.$2;&,' 0N<'
@!J,' 9KM$9' #%.$;%$.,' .8TN$..$,' .<N<=)K%$'
9KT#N$,'$."'
-ILQVSN8PN)
&2"":&'$.'M$'98%#:;$'8""$=.8TN$'M$&'&#.28.#K%&'U8#&8%.'8==$N'V'M$&'&8OK#;&'$&&$%.#$N&'M$'
N8'"8.<LK;#$'W'2MSNJ)'8SNT8NS)NS)-7SV;ITMNJ'X)
7$&'=8;$%.&'M$'Ns<N:O$'5@C/!4/'M$'N8'H:9$'8%%<$'M$'NS6M2"8.#K%'M$'J8&$,'=;<=8;$%.'2%'
OK*8L$'=K2;'5T8%M8q8'=$%M8%.'N$&'L;8%M$&'O8"8%"$&+'!8")8%.'12$'N$&'T#NN$.&'Ms8O#K%'N$&'
9K#%&' ")$;&' &K%.' M#&=K%#TN$&' &2;' /%.$;%$.,' M$98%M$%.' V' 5@C/!4/' M$' "K%&2N.$;' N$&' &#.$&'
/%.$;%$.' M$' ;<&$;O8.#K%&' M$&' OKN&' $.' Ms8#M$;' =K2;' Ns8")8.' M$&' T#NN$.&' $%' N#L%$' 8O$"' N8' "8;.$'
T8%"8#;$' M$' &K%' =:;$+' B2' "K2;&' M$' N8' N$YK%' M$&' -/0,' NS<N:O$' 5@C/!4/' "K%.8".$' &K%'
$%&$#L%8%.'M$'NS8#M$;'V';<&K2M;$'N$'=;KTN:9$+)
'E .-/'\'/"2)'0'/'.&"2
\VTMWMP7SMI8) KNJ) PI887MJJ78PNJ) !VQI8JNJ)KNJ)VR[ZNJ'
#TVPVKN8SNJ)
C 6Z=N#12$;'NS8T;<O#8.#K%'W'ppp'X C pK;NM' p#M$' p$T'P.K#N$' MS8;8#L%<$
9K%M#8N$'R';<&$82'<.$%M2Q
C 6Z=N#12$;'NsK;#L#%$'M$'Ns8==$NN8.#K%'•?6-• C 6NN$' O#$%.' M2' 9K.' 8%LN8#&' ?6-pDaA' 12#
&#L%#U#$'a<&$82+
+ISMZ7SMI8)]*VPI<ZNTSN^)) -ILQTV_N8JMI8)KN)R7)JMS<7SMI8)
C' C$98%M$;' 82Z' ' <N:O$&' M$' N#;$' C 7$".2;$' &#N$%"#$2&$' M$' N8' &#.28.#K%' =8;' .K2&
&#N$%"#$2&$9$%.' $.' V' )82.$' OK#Z' N8' N$&' <N:O$' $.' V' )82.$' OK#Z' =8;' M$2Z' K2' .;K#&
&#.28.#K%+' <N:O$&+
C C$98%M$;' 82Z' ' <N:O$&' MS$Z=N#12$;' N8 C 6Z=N#"8.#K%'M$'N8'&#.28.#K%'=8;'N$&'<N:O$&'$%
&#.28.#K%+ N$2;&'=;K=;$&'.$;9$&+
''E .-/'\'/"2)#!'0-'#.&"2
a$=8;.#;'N$&'<N:O$&'$%'&K2&]L;K2=$&'$.' " 0K%%$Z#K%'V'Ns/%.$;%$.
N$2;'M$98%M$;'M$'9$%$;'M$&'8".#K%&' " 78%"$9$%.' M$' N8' ;$")$;")$' M$&' &#.$&' M$
&2""$&&#O$&'=K2;'8""<M$;'V'2%'&#.$' O$%.$&'M$'T#NN$.&'MS8O#K%
/%.$;%$.+' " D2O$;.2;$' M$' 12$N12$&' &#.$&' M$' O$%.$&
137
( 20-(
M$&'T#NN$.&'MS8O#K%'
" !<N$".#K%'M$'N8'M$&.#%8.#K%'$.'M$'N8'M8.$
" (;<&$%.8.#K%' 82Z' =8;$%.&' M$' M#UU<;$%.$&
K=.#K%&
" 0K9=8;8#&K%'M$&'=;#Z'M$'M#UU<;$%.&'&#.$&
" /M$%.#U#"8.#K%'M2'9$#NN$2;'KUU;8%.
" 0)K#Z'$.';<&$;O8.#K%'M2'OKN
" eK2;%#.2;$'M$&'M<.8#N&'M$'N8'"8;.$'T8%"8#;$
=K2;'N$'=8#$9$%.
" f8N#M8.#K%'M$'Ns8")8.'$%'N#L%$
" C<98;;8L$'M$'NS#9=;#98%.$
" /9=;$&&#K%'M$&'T#NN$.&'MS8O#K%
'''E 2F0/A"2"
(<NJSMI8J)KN)TVP7QMS<R7SMI8) #7TSMPMQ7SMI8) KNJ) VR[ZNJ) `) R3VR76IT7SMI8) K<)
TVJ<LV)
8Q 0K99$%.' 8"":M$].]K%' V' 2%' &#.$ (;K"<M2;$' V' &2#O;$' =K2;' 8""<M$;' V' 2%' &#.$'
#%.$;%$.'"K%%8#&&8%.'&K%'8M;$&&$'c #%.$;%$.'R'
8Q 0K%%8#&&8%.'NS8M;$&&$'M2'&#.$
C 6%' &8#&#&&8%.' NS8M;$&&$' M8%&' N8' T8;;$
MS8M;$&&$
TQ 0K99$%.' =$2.]K%' 8""<M$;' V' 2%' &#.$ TQ 7$'%K9'M2'&#.$'% %S$&.'=8&'"K%%2
#%.$;%$.' %$' "K%%8#&&8%.' =8&' &K% C 6%' &8#&#&&8%.' N$&' 9K.&' "N<&' M8%&' 2%
8M;$&&$'c 9K.$2;'M$';$")$;")$+
"Q -;K2O$].]K%' .K2[K2;&' M$' TK%%$& "Q 0K9=K;.$9$%.' V' 8MK=.$;' NK;&' M$' N8
#%UK;98.#K%&' &2;' #%.$;%$.'c' 0K99$%.' &$ %8O#L8.#K%'&2;'/%.$;%$.
"K9=K;.$;' U8"$' V' .K2.$&' "$& C ?K%,' #N' U82.' &<N$".#K%%$;' "$' 12#' $&.' 2.#N$
#%UK;98.#K%&'c $.'&$'"K%UK;K 9$;'V'NS<.)#12$'#%UK;98.#12$+
'\E "\.&$./',0
\VTMWMP7SMI8) KNJ) 7PX<MJ) J<T) RNJ) J7ZIMTJ) !VQI8JNJ)KNJ)VR[ZNJ)
NJJN8SMNRJ)
8Q 0#.$;' .;K#&' "8.<LK;#$&' M$&' &#.$&' 12$ 8Q!#.$' MS8".28N2 #.<&,' M$' O$%.$&' $%' N#L%$&,
OK2&'"K%%8#&&$_+ ;<&$82Z'&K"#82Z+
TQ CK%%$;' I' &#.$&' MS8".28N#.<&' 12$' OK2& TQnnn+;U#+U;''$.$ 'nnn+.Oi9K%M$+U;''d
"K%%8#&&$_+
"Q C#.$&' =K2;12K#' %K2&' %$' =K2OK%&' =8& "Q7$&' #%UK;98.#K%&' &2;' /%.$;%$.' &K%.
9KM#U#$;' N$&' #%UK;98.#K%&' &2;' 2%' &#.$ =;K.<L<$&'=8;'N$2;&'=;K=;#<.8#;$&+
/%.$;%$.+
2MS<7SMI8)JMLMR7MTN)
(;<=8;8.#K%' MS2%$' "89=8L%$' M$' /T7MSNLN8S)KN)R7)JMS<7SMI8)JMLMR7MTN)
&$%&#T#N#&8.#K%' &2;' N8' TK%%$' 9K;8N#.<' &2;' C -;8#.$9$%.'M$'N8'&#.28.#K%'=8;'N$&'<N:O$&+
/%.$;%$.+'
-!'/"!"2)*j"\.&$./',0)
?E 'SNLJ)O =E /T7MSNLN8SS)KN)R7)JMS<7SMI8)JMLMR7MTN)O
8Q a<=K%&$&'"K;;$".$&'R 8Q ($;.#%$%
%"$'R
TQ a<=K%&$&'"K;;$".$&'R TQ !.;2".2;$'R
138
20.(
"Q'a<=K%&$&'"K;;$".$&'R' ' "Q' a<&2N.8.'R' )
)
)
)
)
)
)
5'-A")*3"B#&,'/./',0)*")+./!'-")0H)>@)
2I<JCKIL7M8N'R'!"#$%"$&'()*&#12$&,' US76RMJJNLN8S' R'-/?E/'
-$")%KNKL#$'$.'-/0' "8JNM;878S' R''
/MSTN'R'!#.$&'/%.$;%$.'$.'08.<LK;#$&' -R7JJN'R'H :9$'8%%<$'6 J ''
-IKN'R'5-/0 '>+H' ! VWVTN 8PNJ 'R''
''' >+' (;K L ;8 9 9 $ 'M $ &'!"#$ % "$ &'() *&#1 2 $ &,'
-$ ") % K NK L #$ '$ .'-/0 ,'P( ? ! 0 ( 4 € ! 'R'
(8 L $ '> I I Q'
I+' E2 #M $ '$ % 'B = = 2 #'8 2 '( ;K L ;8 9 9 $ '
6M 2 "8 .#U'M 2 'C B!'P- /0 Q'
F+' C< "K 2 O;K % &'NS#% UK ;9 8 .#1 2 $ '> '
h+' C< "K 2 O;K % &'NS#% UK ;9 8 .#1 2 $ 'I '
+7SVTMNR)* MK7PSMX<N'R'D ;M#%8.$2;&,'0 N<'
@! J ,'9 KM$9 '#%.$;%$.,'-8TN$..$,'.<N<=)K%$'
9KT#N$'
-ILQVSN8PN)
&2"":&' $.' M$' 98%#:;$' 8""$=.8TN$' M$&' &#.28.#K%&' U8#&8%.' 8==$N' V' M$&' &8OK#;&' $&&$%.#$N&' M$'
N8'"8.<LK;#$'W'!#.$&'/%.$;%$.'$.'08.<LK;#$&'X)
"YNL QRN)KN)JMS<7SMI8 )
5K%&#$2;' € B 5@ B ! 6 ,' C#;$".$2;' M$' NS<"KN$' -/?E/' 8' &2#O#' &2;' ae/' N8' =;<&$%.8.#K%' M$&'
=;KM2#.&' M$&' .$")%KNKL#$&' #%%KO8%.$&+' B' N8' U#%' M$' NS<9#&&#K%,' #N' 8==;$%M' 12$' N$&' M<.8#N&' &2;'
"$&'=;KM2#.&'&K%.'M#&=K%#TN$&'&2;'N$'&#.$'M$'ae/,'M8%&'N8';2T;#12$'W'!"#$%"$&'X+''/N'M$9 98%M$'
82Z' <N:O$&' M$' N8' H:9$' 8%%<$' M$' NS6J' M$' N2#' =;$%M;$' N$&' #%UK;98.#K%&' &2;' N$&' =;K KM2#.&'
=;<&$%.<&'M8%&'"$..$';2T;#12$'M2'&#.$'M$'ae/+)
. S MZ MS V J )K N )R3N 8 J N M; 8 7 8 S )
.P .PSMZMSVJ)KN)R3VR[ZN)
'E).-/'\'/"2)'0'/'.&"2)
?E) \VTMWMP 7SMI8) KNJ) P I887MJ J 78PNJ ) !VQI8JNJ)KNJ)VR[ZNJ'
# TV P V KN8SNJ) '
C' b2S$&.]"$'12S2%'%8O#L8.$2;'#%.$;%$.'c' C' 0S$&.' 2%' K2.#N' K2' 2%' =;KL;899$' 12#' =$;9$.'
C' 0#.$;'.;K#&';<&$82Z'&K"#82Z+' MS8""<M$;'V'2%'
2 '&#.$'#%.$;%$.+'
' C''e8"$TKKq,'-n#..$;,'p)8.&B==,'d'
=E) +ISMZ7SMI8)]* VPI<ZNTSN^)) -ILQTV_N8JMI8)KN)R7)JMS<7SMI8)
C' C$98%M$;' 82Z' ' <N:O$&' M$' N#;$' C' 7$".2;$' &#N$%" "#$2&$' M$' N8' &#.28.#K%' =8;;' .K2&'
&#N$%"#$2&$9$%.' $.' V' )82.$' OK#Z' N8' N$&' <N:O$&' $.' V' )82.$' OK#Z' =8;' M$2Z' K2' .;K#&'
&#.28.#K%+' <N:O$&'
' C' $Z=N#"8.#K%' M$'
$' ' ' N8' &#.28.#K%' =8;' N$&' <
<N:O$&'
C' C$98%M$;' 82Z' ' <N:O$&' MS$Z=N#12$;' N8' $%'N$2;&'=;K=;$&'.$;9$&+'
&#.28.#K%+'
139
( 20/(
''E .-/'\'/"2)#!'0-'#.&"2
a$=8;.#;' N$&' <N:O$&' $%' &K2&]L;K2=$&' $.' " 0K%%$Z#K%'V'Ns/%.$;%$.+

N$2;' M$98%M$;' M$' M<.$;9#%$;' N$&' 8".#K%&' " D2O$;.2;$'M2'&#.$'nnn+;U#+U;
&2""$&&#O$&' V' 9$%$;' =K2;' ;$.;K2O$;' 2%$' " 6%.;<$'M8%&'N8';2T;#12$'W'&"#$%"$&'X
#%UK;98.#K%' &2;' /%.$;%$.' "K%%8#&&8%.' " 0N#"'&2;'")812$'=;KM2#.'=;<&$%.<+
NS8M;$&&$'M2'&#.$+' " !<N$".#K%'M$&'#%UK;98.#K%&'=$;.#%$%.$&'&2;
")812$'=;KM2#.+
" BNN298L$'M$'NS#9=;#98%.$+
" /9=;$&&#K%' M$&' M<.8#N&' &<N$".#K%%<&' M$
")812$'=;KM2#.+
" (;<&$%.8.#K%' M$&' #%UK;98.#K%&' KT.$%2$&
82'C#;$".$2;+
\E 2F0/A"2"
(<NJSMI8J)KN)TVP7QMS<R7SMI8) #7TSMPMQ7SMI8)KNJ)VR[ZNJ)`)R3VR76IT7SMI8)K<)
TVJ<LV)
C 6Z=N#12$;'NS8T;<O#8.#K%'ppp'c C pK;NM'p#M$'p$T'P.K#N$'MS8;8#L%<$'9K%M#8N$
K2';<&$82'<.$%M2
C ($2.]K%' 8""<M$;' &2;' 2%' &#.$' #%.$;%$.' V C ?K%,' =8;"$' 12$' &8%&' "K%%$Z#K%' #%.$;%$.' #N
=8;.#;' MS2%' K;M#%8.$2;' %K%' "K%%$".<' V $&.'#9=K&&#TN$'MS8""<M$;'V'2%'&#.$'#%.$;%$.+
NS#%.$;%$.'c'•2&.#U#$;'N8';<=K%&$+
\'E "\.&$./',0
\VTMWMP7SMI8) KNJ) 7PX<MJ) J<T) RNJ) J7ZIMTJ) !VQI8JNJ)
NJJN8SMNRJ)
8Q 0#.$;'.;K#&'"8.<LK;#$&'M$&'&#.$&'12$'OK2& 8Q!#.$' MS8".28N#.<&,' M$' O$%.$&' $%' N#L%$&,
"K%%8#&&$_+ 2%#O$;&#.8#;$&+
TQ CK%%$;' I' &#.$&' MS8".28N#.<&' 12$' OK2& TQnnn+;U#+U;''$.'nnn+;8M#KKq8=#+%$.',''d
"K%%8#&&$_+
"Q C#.$&' =K2;12K#' %K2&' %$' =K2OK%&' =8& "Q7$&' #%UK;98.#K%&' &2;' /%.$;%$.' &K%.
' 9KM#U#$;' N$&' #%UK;98.#K%&' &2;' 2%' &#.$ =;K.<L<$&'=8;'N$2;&'=;K=;#<.8#;$&+
/%.$;%$.+
2MS<7SMI8)JMLMR7MTN)
BTK%%$9$%.' &2;' N$' &#.$' M$' ae/' =K2;' g.;$'
8N$;.<'")812$'UK#&'12S#N'*'8'=;<&$%.8.#K%'M$' /T7MSNLN8S)KN)R7)JMS<7SMI8)JMLMR7MTN)
%K2O$82Z'=;KM2#.&+' -;8#.$9$%.'M$'N8'&#.28.#K%'=8;'N$&'<N:O$&+'
-!'/"!"2)*j"\.&$./',0)
N K
8Q a<=K%&$&'"K;;$".$&'R' 8Q ($;.#%$%"$'R'
N K
N N
TQ a<=K%&$&'"K;;$".$&'R' TQ !.;2".2;$'R'
N N
K N
"Q a<=K%&$&'"K;;$".$&'R' "Q a<&2N.8.'R'
K N
140
231(
5'-A")*3"B#&,'/./',0)*")+./!'-")0H)i)
2I<JCKIL7M8N'R'!"#$%"$&'()*&#12$&,' US76RMJJNLN8S' R'C/-@-@'
-$")%KNKL#$'$.'-/0' "8JNM;878S' R'5@-6JB'
/MSTN'R'?8O#L8.$2;&'/%.$;%$.'$.'5K.$2;&' -R7JJN'R'H :9$'8%%<$'6J''
M$'a$")$;")$' !VWVTN8PNJ'R''
-IKN'R'5-/0'>+k' >+ (;KL;899$'M$&'!"#$%"$&'()*&#12$&,
-$")%KNKL#$'$.'-/0,'P(?!0(4€!'R'(8L$
>IFQ
I+ E2#M$'$%'B==2#'82'(;KL;899$'6M2"8.#U
M2'CB!'P-/0Q
F+ C<"K2O;K%&'NS#%UK;98.#12$'>
h+ C<"K2O;K%&'NS#%UK;98.#12$'I
+7SVTMNR)*MK7PSMX<N'R'D;M#%8.$2;&,'0N<'@!J,
9KM$9'#%.$;%$.,'-8TN$..$,'.<N<=)K%$'9KT#N$
-ILQVSN8PN'R'B=;:&'8OK#;';<8N#&<'Ns$%&$9TN$'M$&'8".#O#.<&'=;K=K&<$&,'Ns<N:O$'&$;8'
"8=8TN$'M$'.;8#.$;'8O$"'&2"":&'$.'M$'98%#:;$'8""$=.8TN$'M$&'&#.28.#K%&'U8#&8%.'8==$N'V'M$&'
&8OK#;&'$&&$%.#$N&'M$'N8'"8.<LK;#$'W'?8O#L8.$2;&'/%.$;%$.'$.'5K.$2;&'M$'a$")$;")$X+)
"YNLQRN) KN) JMS<7SMI8' R' BU#%' M$' U8"#N#.$;' N8' "#;"2N8.#K%' MS#%UK;98.#K%&' #9=K;.8%.$&' $%.;$'
NS<"KN$' $.' N$&' <N:O$&' M$' NS/%&.#.2.' C/-@-@' M$' C/5J676?E6' M8%&' N$' A8&8z' 0$%.;8N,' N$'
C#;$".$2;' M$98%M$' V' NS$%&$#L%8%.' M$&' -/0' 5@-6JB,' M$' N8' H:9$' 8%%<$' M$' NS6J,' M$'
9$..;$' $%' =N8"$' 8O$"' N$' "K%"K2;&' M$' &$&' <N:O$&,' 2%' L;K2=$' M$' M#&"2&&#K%' W' /%&.#.2.'
C/-@-@'X'M8%&'2%';<&$82'&K"#8N'8""$&&#TN$'V'.K2&,'8O$"'M$&'&K2&]L;K2=$&'=8;'"N8&&$+'
-K2&'N$&'<N:O$&'&K%.'8==$N<&'V'8M)<;$;'82'L;K2=$+)
'E .-/'\'/"2)'0'/'.&"2
#TVPVKN8SNJ C e8"$TKKq,'-n#..$;,'p)8.&B==,'$."+
C 0#.$;'.;K#&'&#.$&'M$';<&$82Z
&K"#82Z'12$'OK2&'"K%%8#&&$_+ C 6")8%L$'#%.#9$,'U8"#N$,';8=#M$'$.'V'9K#%M;$
C C#.$&'V'12K#'&$;.'N$&'L;K2=$&'K2 "Ky.'MS#%UK;98.#K%&'$%.;$'N$&'9$9T;$&'M2
&8NK%'M$'M#&"2&&#K%'=K2;'2% L;K2=$+
L;K2=$+
=E +ISMZ7SMI8)]*VPI<ZNTSN^ -ILQTV_N8JMI8)KN)R7)JMS<7SMI8'
C C$98%M$;'82Z'<N:O$&'M$'N#;$ C 7$".2;$'&#N$%"#$2&$'M$'N8'&#.28.#K%'=8;'.K2&
&#N$%"#$2&$9$%.'$.'V')82.$'OK#Z'N8 N$&''<N:O$&'$.'=2#&'V')82.$'OK#Z'=8;'M$2Z'K2
&#.28.#K%+ .;K#&'<N:O$&+
C C$98%M$;'82Z'<N:O$&'MS$Z=N#12$;'N8 C 6Z=N#"8.#K%'M$'N8'&#.28.#K%'=8;'N$&'<N:O$&'$%
&#.28.#K%+ N$2;&'=;K=;$&'9K.&+
''E .-/'\'/"2)#!'0-'#.&"2
,T;78MJ7SMI8)KN)R7)PR7JJN)NS) +MJN)N8)7PSMZMSVJ)KNJ)VR[ZNJ)
PI8JM;8NJ)
)
a$=8;.#;'N$&'<N:O$&'$%'&K2&]L;K2=$&'$.'
N$2;'M$98%M$;'M$'9$%$;'M$&'8".#K%&' " 0K%%$Z#K%'V'Ns/%.$;%$.+
&2""$&&#O$&'=K2;'";<$;'2%'L;K2=$'M$' " a$")$;")$' M$&' ;<&$82Z' &K"#82Z' &2;
M#&"2&&#K%'=K2;'NS<"KN$'$%'#%&<;8%.'N$' /%.$;%$.+
NKLK'M$'NS<"KN$,'12$N12$&'#98L$&'$.'N$&' " 6.8TN#&&$9$%.' MS2%$' N#&.$' M$&' ;<&$82Z
9$9T;$&+' &K"#82Z'.;K2O<&+
" (;<&$%.8.#K%' 82' M#;$".$2;' M$' N8' N#&.$' M$&
;<&$82Z'&K"#82Z'.;K2O<&+
" 0)K#Z'MS2%';<&$82'&K"#8N+
" 0;<8.#K%'M2'L;K2=$'W'/%&.#.2.'C/-@-@'X
" /%&$;.#K%' M2' NKLK' M$' NS<"KN$' &2;' N8' =8L$
141
( 232(
' MS8""2$#N'M2'L;K2=$+'
' "' 0;<8.#K%' M$&' &K2&]L;K2=$&' &$NK%' N$&'
'' "N8&&$&+'
"' /%&$;.#K%'M$'12$N12$&'#98L$&'M$'NS<"KN$'
"' 0;<8.#K%' M$&' "K9=.$&' #%M#O#M2$N&' M8%&' N$'
;<&$82'&K"#8N+'
"' C<&#L%8.#K%' M$&' 8M9#%#&.;8.$2;&' M2'
L;K2=$'$.'M$&'&K2&]L;K2=$&+'
"' B[K2.'M$&'9$9T;$&'M8%&'N$'L;K2=$+'
"' a<=8;.#.#K%' M$&' 9$9T;$&' M8%&' N$&' &K2&]
L;K2=$&+'
'''E)2F0/A"2")
(<NJSMI8J)KN)TVP7QMS<R7SMI8) #7TSMPMQ7SMI8)KNJ)VR[ZNJ)`)R3VR76IT7SMI8)K<)
) TVJ<LV)
) (<NRX<NJ)87ZM;7SN<TJ)'8SNT8NS)
C' 0#.$;'12$N12$&'%8O#L8.$2;&'/%.$;%$.' C'/%.$;%$.'6Z=NK;$;,'EKKLN$'0);K9$,'5K_#NN8'
12$'OK2&'"K%%8#&&$_+' e#;$UKZ,'5#";K&KU.'6ML$,'D=<;8+'
C' b2s$&.]"$'12s2%'9K.$2;'M$' C'0S$&.'2%'=;KL;899$'12#'=$;9$.'M$';$.;K2O$;'
;$")$;")$c' M$&'#%UK;98.#K%&'&2;'#%.$;%$.'PnnnQ+'
C' 6Z=N#12$;'N$'UK%".#K%%$9$%.'MS2%' C'7$';<&$82'&K"#8N'UK%".#K%%$'&2;'T8&$'M$'
;<&$82'&K"#8N+' =8;.8L$'MS#%UK;98.#K%'9K*$%%8%.'2%'"K9=.$'
#%M#O#M2$N'=K2;'")812$'9$9T;$'M2';<&$82+'
'\E)"\.&$./',0)
\VTMWMP7SMI8)KNJ)7PX<MJ)J<T)RNJ)J7ZIMTJ) !VQI8JNJ))
NJJN8SMNRJ) 8Q'@%'9K.$2;'M$';$")$;")$'U8#.'N8';$")$;")$'
8Q' 6Z=N#12$;'N$'UK%".#K%%$9$%.'Ms2%' M$&''#%UK&'&2;'T8&$'MS2%'K2'12$N12$&'9K.&'
9K.$2;'M$';$")$;")$+' "N<&'=K2;';$&.#.2$;'.K2.'2%$'92N.#.2M$'
' MS#%UK;98.#K%&+'
TQ'b2$N'9K.$2;'M$';$")$;")$'8O$_] TQ'EKKLN$,''
OK2&'2.#N#&<'=K2;'")$;")$;'N$&';<&$82Z' '
&K"#82Z'c' '
"Qb2$N';<&$82'&K"#8N'8O$_]OK2&';$.$%2' "Qp)8.&B=='
=K2;'OK.;$'<"KN$'c'' '
0;<$;'2%'L;K2=$'M$'M#&"2&&#K%'M$&' 0;<8.#K%'M$&'L;K2=$&'M$'M#&"2&&#K%'=8;'N$&'
8%"#$%&'<N:O$&'M$'NS#%&.#.2.'C/-@-@+'' <N:O$&+'
-!'/"!"2)*j"\.&$./',0)
?E) 'SNLJ)O) =E) '/T7MSNLN8S)KN)R7)JMS<7SMI8)
N JMLMR7MTN)O)
'''''8Q''a<=K%&$&'"K;;$".$&'R' '
N K
N '''''8Q''($;.#%$%"$'R' '
'''''TQ''a<=K%&$&'"K;;$".$&'R' ' K
N N N
K '''''TQ''!.;2".2;$'R' ''''''''''"Q''a<&2N.8.'R' '
'''''"Q''a<=K%&$&'"K;;$".$&'R' ' N N
K
) )
142
23,(
5'-A")*3"B#&,'/./',0)*")+./!'-")0H)?>)
2I<JCKIL7M8N'R'!"#$%"$&'()*&#12$&,' US76RMJJNLN8S' R'0+!+'?Cp6?EB'
-$")%KNKL#$'$.'-/0' "8JNM;878S' R''
/MSTN'R'78'9$&&8L$;#$'<N$".;K%#12$' -R7JJN'R'H :9$'8%%<$'6J''
-IKN'R'5-/0'>+l' !VWVTN8PNJ'R''
>+ (;KL;899$'M$&'!"#$%"$&'()*&#12$&,
-$")%KNKL#$'$.'-/0,'P(?!0(4€!'R'(8L$
>IiQ
I+ E2#M$'$%'B==2#'82'(;KL;899$'6M2"8.#U
M2'CB!'P-/0Q
F+ C<"K2O;K%&'NS#%UK;98.#12$'>
h+ C<"K2O;K%&'NS#%UK;98.#12$'I
+7SVTMNR)*MK7PSMX<N'R'D;M#%8.$2;&
-ILQVSN8PN)
&2"":&'$.'M$'98%#:;$'8""$=.8TN$'M$&'&#.28.#K%&'U8#&8%.'8==$N'V'M$&'&8OK#;&'$&&$%.#$N&'M$'
N8'"8.<LK;#$'•&7)LNJJ7;NTMN)VRNPSTI8MX<N•+)
B2' "K2;&' MS2%$' 8".#O#.<' #%.$;&"KN8#;$,' N$&' <N:O$&' M$' N8' H:9$' 8%%<$' M$' Ns6J' M2' "K9=N$Z$'
&"KN8#;$'?Cp6?EB'M$'J#%_8'V'A#%&)8&8,'UK%.'"K%%8#&&8%"$'8O$"'N$&'<N:O$&'M$'=N2&#$2;&'
<"KN$&'M$'N8'O#NN$+'7K;&'M$'NS<")8%L$'M$&'"KK;MK%%<$&,'#N&'&$';$%M$%.'"K9=.$'8O$"')K%.$'
12S#N&'%S8O8#$%.'=8&'MS8M;$&&$&'98#N&+'(K2;';$&.$;'$%'"K%.8".'8O$"'N$2;&'89#&'MS8#NN$2;&,'#N&'
M<"#M$%.'$%';$%.;8%.'V'NS<"KN$,'";<$;'")8"2%'2%$'8M;$&&$'$]98#N+'
'E .-/'\'/"2)'0'/'.&"2
?E \VTMWMP7SMI8)KNJ)PI887MJJ78PNJ !VQI8JNJ)KNJ)VR[ZNJ)
#TVPVKN8SNJ
C 0#.$;'N$&'M$2Z'8".$2;&'12#'#%.$;O#$%%$%. C 7S<9$..$2;'$.'N$';<"$=.$2;
M8%&'2%$'"K992%#"8.#K%+
C b2$'&#L%#U#$'N$'9K.'W'!5!'X'c ] 0S$&.'2%$'8T;<O#8.#K%'8%LN8#&$'R'=;E8I
/0==1B0&=<=I./0'.;8M2#.'$%'U;8%Y8#&
"K99$'R'W'&*&.:9$'M$&'"K2;.&'9$&&8L$&'X
C 0#.$;'I'9K*$%&'=K2;'$%OK*$;'2% ] =8;'=K&.$'K2'=8;'.<N<=)K%$'$%'2.#N#&8%.'2%
9$&&8L$'V'2%'"K;;$&=K%M8%. !5!
=E +ISMZ7SMI8)]*VPI<ZNTSN^ -ILQTV_N8JMI8)KN)R7)JMS<7SMI8)
C$98%M$;'82Z'<N:O$&'M$'PMSQ'R C 7$".2;$'&#N$%"#$2&$'M$'N8'&#.28.#K%'=8;'.K2&
C N#;$'&#N$%"#$2&$9$%.'$.'V')82.$'OK#Z'N8 N$&''<N:O$'$.'$%&2#.$'V')82.$'OK#Z'=8;'M$2Z'K2
&#.28.#K%+ .;K#&'<N:O$&+
C $Z=N#12$;'N8'&#.28.#K%+ C 6Z=N#"8.#K%'M$'N8'&#.28.#K%'=8;'N$&'<N:O$&'$%
N$2;&'=;K=;$&'.$;9$&+
''E .-/'\'/"2)#!'0-'#.&"2
,T;78MJ7SMI8)KN)R7)PR7JJN)NS)PI8JM;8N) +MJN)N8)7PSMZMSVJ)KNJ)VR[ZNJ)
a$=8;.#;'N$&'<N:O$&'$%'&K2&]L;K2=$&'$.'
N$2;'M$98%M$;'M$'9$%$;'M$&'8".#K%&' " /M$%.#U#"8.#K%'MS2%'"*T$;"8U<'M8%&'N$&
&2""$&&#O$&'=K2;'";<$;'2%$'8M;$&&$'$] $%O#;K%&+
98#N'$.'$%OK*$;'M$&'9$&&8L$&' " (8#$9$%.'M$'NS8"":&'V'NSK;M#%8.$2;+
<N$".;K%#12$&'&2;'/%.$;%$.+' " 78%"$9$%.'M2'%8O#L8.$2;'#%.$;%$.'P/%.$;%$.
$Z=NK;$;,'EKKLN$'");K9$,'5K_#NN8Q+
" !8#&#$'M$'NS8M;$&&$'W''nnn+LKKLN$+"K9'X
M8%&'N8'T8;;$'MS8M;$&&$+
" D2O$;.2;$'M$'EKKLN$'98#N+
" 6%;$L#&.;$9$%.'M8%&'EKKLN$'98#N+
143
( 230(
"' DT.$%.#K%'MS2%$'8M;$&&$'M$'9$&&8L$;#$'
<N$".;K%#12$+''
"' D2O$;.2;$'M2'!5!'M$'"K%U#;98.#K%+'
"' 7$".2;$'M2'"KM$'M$'"K%U#;98.#K%+'
"' !8#&#$'M2'"KM$'M$'"K%U#;98.#K%+'
"' B".#O8.#K%'M$'NS8M;$&&$'M$'9$&&8L$;#$+''
"' D2O$;.2;$'M$'N8'TK#.$'$]98#N+'
"' 6%OK#'M$&'9$&&8L$&'<N$".;K%#12$&'82Z'
89#&+'
'''E) 2F0/A"2")
(<NJSMI8J)KN)TVP7QMS<R7SMI8) #7TSMPMQ7SMI8)KNJ)VR[ZNJ)K78J)R7)QTIK<PSMI8)
) K<)TVJ<LV)
8Q' b2$'&#L%#U#$'$]98#N'c' 8Q6]98#N'&#L%#U#$'&#9=N$9$%.'R'"K2;;#$;'
' <N$".;K%#12$+''''
TQ' b2$N'$&.'N$'9K*$%';8=#M$'=K2;' TQ7$'9K*$%';8=#M$'=K2;'$%OK*$;'$.';$"$OK#;'
$%OK*$;'K2';$"$OK#;'2%'"K2;;#$;' 2%'"K2;;#$;'<N$".;K%#12$'$&.'R3'8SNT8NS+'
<N$".;K%#12$'c' "Q(K2;';$"$OK#;'$.'$%OK*$;'2%'"K2;;#$;,'/N'U82.'
"Q' b2$NN$'$&.'N8'"K%M#.#K%'=K2;'$%OK*$;' =K&&<M$;'2%$'8M;$&&$'<N$".;K%#12$'K2'$]
$.';$"$OK#;'2%'"K2;;#$;'<N$".;K%#12$'c' 98#N+'
'\E) "\.&$./',0))
NJJN8SMNRJ) )
8Q' 0#.$_'F'K=<;8.$2;&'M$'9$&&8L$;#$' 8Q' €8)KK,'EKKLN$'$.'4K.98#N+'
<N$".;K%#12$'P9K.$2;&'M$';$")$;")$Q' '
TQ' b2$'U82.]#N'=K2;'";<$;'2%$'8M;$&&$' TQ' /N'U82.';$9=N#;'2%'UK;92N8#;$'$%'2.#N#&8%.'2%'
<N$".;K%#12$'P$]98#NQc' n$T98#N'"K99$'*8)KK]98#N,'L98#N,'d'
"Q'0K99$%.'&$'"K%%$".$].]K%'V' "Q'D%'&$'"K%%$".$'V'/%.$;%$.'$%'2.#N#&8%.'2%'
/%.$;%$.'c'' %8O#L8.$2;'P/%.$;%$.'6Z=NK;$;,'EKKLN$'0);K9$,'
' $."+Q''
B""<M$;'V'2%'"K9=.$'/%.$;%$.'NK;&12SK%'8'' -;8#.$9$%.'M$'N8'&#.28.#K%'=8;'NS<N:O$+'
K2TN#<'&K%'9K.'M$'=8&&$+'
-!'/"!"2)*j"\.&$./',0)
?E) 'SNLJ)O) =E)/T7MSNLN8S)KN)R7)JMS<7SMI8)JMLMR7MTN)O)
N K
8Q''a<=K%&$&'"K;;$".$&'R' ' 8Q''($;.#%$%"$'R' '
N K
N N
TQ''a<=K%&$&'"K;;$".$&'R' ' TQ''!.;2".2;$'R' '
N N
K N
"Q''a<=K%&$&'"K;;$".$&'R' ' "Q''a<&2N.8.'R' )
K N
'
'
'
'
'
'
'
'
'
'
'
'
'
'
'
'
144
233(
5'-A")*3"B#&,'/./',0)*")+./!'-")0H)??)
2I<JCKIL7M8N'R'!"#$%"$&'()*&#12$&,' US76RMJJNLN8S' R'B7/?EJB'
-$")%KNKL#$'$.'-/0' "8JNM;878S' R'?6-6'
/MSTN'R'7$&'(#:"$&'•K#%.$&' -R7JJN'R'H :9$'8%%<$'6J''
-IKN'R'5-/0'>+>G' !VWVTN8PNJ'R''
''' >+' (;KL;899$'M$&'!"#$%"$&'()*&#12$&,'
-$")%KNKL#$'$.'-/0,'P(?!0(4€!'R'(8L$'
>IjQ'
I+' E2#M$'$%'B==2#'82'(;KL;899$'6M2"8.#U'
M2'CB!'P-/0Q'
F+' C<"K2O;K%&'NS#%UK;98.#12$'>'
h+' C<"K2O;K%&'NS#%UK;98.#12$'I'
9KM$9'#%.$;%$.,'-8TN$..$,'.<N<=)K%$'9KT#N$'
-ILQVSN8PN)
&2"":&'$.'M$'98%#:;$'8""$=.8TN$'M$&'&#.28.#K%&'U8#&8%.'8==$N'V'M$&'&8OK#;&'$&&$%.#$N&'M$'
N8'"8.<LK;#$'W'7$&'(#:"$&'•K#%.$&'X+)
BU#%'M$'=$;9$..;$'82Z'=8;$%.&'MSg.;$'#%UK;9<&'&2;'NS<OKN2.#K%'&"KN8#;$'M$'N$2;&'$%U8%.&'V'
N8'U#%'M$'N8'=;$9#:;$'=<;#KM$,'N$'C#;$".$2;'7@JB?E/,'M$'NS/%&.#.2.'B7/?EJB'M$'A#%.89TK'
V' A#%&)8&8,' M$98%M$' V' NS$%&$#L%8%.' ?6-6' M$' -/0' M$' N8' H:9$' 8%%<$' M$' Ns6J,' M$'
&"8%%$;' $.' MS$%OK*$;' 82Z' =8;$%.&' =8;' 98#N' N$&' U$2#NN$&' MS#%.$;;KL8.#K%&' $.' ' T2NN$.#%&+'
7S$%&$#L%8%.';$9$.'.K2.$&'N$&'"K=#$&'MS#%.$;;KL8.#K%&'$.'T2NN$.#%&'82Z'<N:O$&'M$'N8'H:9$'
8%%<$' 12#' &K%.' 8==$N<&' V' $%OK*$;' =8;' 98#N' "$&' MK"29$%.&,' 82&&#' T#$%' V' N$2;&'
"K;;$&=K%M8%.&'12S82Z'=8;$%.&+'7$&'98#N&'&$;K%.'$%OK*<&'MK"29$%.'=8;'MK"29$%.+'7$'
C#;$".$2;' #%&#&.$' =K2;' 12$' ")812$' MK"29$%.' $%OK*<' &K#.' 8""K9=8L%<' MS2%$' %K.$'
$Z=N#128%.'N8'"K.$'KT.$%2$+)
'E) .-/'\'/"2)'0'/'.&"2)
?E) \VTMWMP7SMI8)KNJ)PI887MJJ78PNJ) '
#TVPVKN8SNJ) '
C' 0#.$;' 12$N12$&' &$;O#"$&' M$' C'€8)KK,'E98#N,'4K.98#N,d'
9$&&8L$;#$&' <N$".;K%#12$&' 12$' '
OK2&'"K%%8#&&$_+' '
C' CK%%$;' N$&' &*%K%*9$&' M$' C'?29<;#&$;'$.'%29<;#&8.#K%'
W'&"8%%$;'X'$.'M$'W'&"8%%8L$'X+''' '
' '
=E) +ISMZ7SMI8)]*VPI<ZNTSN^)) -ILQTV_N8JMI8)KN)R7)JMS<7SMI8))
C'C$98%M$;'82Z'<N:O$&'M$'N#;$' C'7$".2;$'&#N$%"#$2&$'M$'N8'&#.28.#K%'=8;'.K2&'
&#N$%"#$2&$9$%.'$.'V')82.$'OK#Z'N8' N$&''<N:O$&'$.'$%&2#.$'V')82.$'OK#Z'=8;'M$2Z'
&#.28.#K%+' K2'.;K#&'<N:O$&+'
' '
C'C$98%M$;'82Z'<N:O$&'MS$Z=N#12$;'N8' C'6Z=N#"8.#K%'M$'N8'&#.28.#K%'=8;'N$&'<N:O$&'$%'
&#.28.#K%+' N$2;&'=;K=;$&'.$;9$&+''
'
'
''E) .-/'\'/"2)#!'0-'#.&"2)
PI8JM;8NJ) )
a$=8;.#;'N$&'<N:O$&'$%'&K2&]L;K2=$&'$.' '
N$2;'M$98%M$;'M$'9$%$;'N$&'8".#K%&' "' C<98;;8L$'NSK;M#%8.$2;+'
&2""$&&#O$&'=K2;'&"8%%$;'N$&'U$2#NN$&' "' C<98;;8L$'N$'&"8%%$2;+'
145
( 234(
MS#%.$;;KL8.#K%&'$.'N$&'T2NN$.#%&'$.'M$'N$&' "' /M$%.#U#"8.#K%' M$' NS#"{%$' M2' &"8%%$;' &2;' N$'

$%;$L#&.;$;'M8%&'2%';<=$;.K#;$'";<<'V' T2;$82'M$'p#%MKn&'
"$..$'U#%+' "' 78%"$;'M2'=;KL;899$'M$'&"8%%8L$+'
' "' !"8%%8L$'M$&'U$2#NN$&'MS#%.$;;KL8.#K%&'$.'N$'
' T2NN$.#%+'
' "' 0;<8.#K%' M$&' ;<=$;.K#;$&' =K2;' &82O$L8;M$;'
' N$&'MK"29$%.&'&"8%%<&+'
' "' 6%;$L#&.;$9$%.' M$&' MK"29$%.&' &"8%%<&'
' M8%&'N$';<=$;.K#;$'";<<+''
'' "' e$;9$.2;$'M2'=;KL;899$'M$'&"8%%8L$'
"' B;;g.'M2'&"8%%$2;+'
"' J;8%")$9$%.'M2'9KM$9'FE+'
"' 78%"$9$%.'M2'%8O#L8.$2;'/%.$;%$.'$Z=NK;$;+'
"' D2O$;.2;$'M$'N8'9$&&8L$;#$'<N$".;K%#12$+'
"' 0;<8.#K%'MS2%'%K2O$82'9$&&8L$+'
"' B..8")$9$%.' M$&' MK"29$%.&' &"8%%<&' 82'
98#N+'
"' 6%OK#'M2'98#N+'
"' e$;9$.2;$'M$'N8'9$&&8L$;#$+'
"' e$;9$.2;$'M2'%8O#L8.$2;'/%.$;%$.'$Z=NK;$;+'
"' C<"K%%$Z#K%'M2'9KM$9'FE+'
"' B;;g.'M$'NSK;M#%8.$2;+'
'''E) 2F0/A"2")
(<NJSMI8J)KN)TVP7QMS<R7SMI8) #7TSMPMQ7SMI8) KNJ) VR[ZNJ) `) R7) QTIK<PSMI8) K<)
) TVJ<LV)
C' b2s8==$NN$].]K%'=#:"$'[K#%.$'c' C'0S$&.'2%'KT[$.'PMK"29$%.&'pK;M,'6Z"$N,'(Ce,'
' #98L$&Q'12SK%'8..8")$'V'2%'98#N+'
C' 6&.]#N' =K&&#TN$' M$' [K#%M;$' =N2&#$2;&' C'D2#,''
U#")#$;&' V' 2%' 98#N' c' &#' %K%,' [2&.#U#$;' N8' '
;<=K%&$+' '
C' 0K99$%.'[K#%M;$'2%'U#")#$;'V'2%'98#N'c' C'0N#"' &2;' NS#"{%$' M$' [K#%M;$' P8..8")$Q,' M8%&' N8'
TK#.$' M$' M#8NKL2$' ")K#&#;' NS$9=N8"$9$%.' M2'
U#")#$;,' &<N$".#K%%$;' "$' M$;%#$;' $.' "N#12$;' &2;'
K2O;#;+''
'\E) "\.&$./',0))
\VTMWMP7SMI8)KNJ)7PX<MJ)J<T)RNJ)J7ZIMTJ) !VQI8JNJ))
NJJN8SMNRJ) '
8Q($2.].]K%' [K#%M;$' 2%' U#")#$;' M$' 8Q?K%'"8;'")812$'&$;O#"$'M$'9$&&8L$;#$'8'
%S#9=K;.$' 12$NN$' .8#NN$' V' 2%' 98#N'c' 2%$'.8#NN$'N#9#.$'=K2;'N$&'=#:"$&'8..8")<$&+'
•2&.#U#$;'OK.;$';<=K%&$+' '
TQ($2.].]K%'$%OK*$;'2%$'=#:"$'[K#%.$'V' TQD2#+'/N'U82.'8[K2.$;'.K2&'N$&'M$&.#%8.8#;$&'
>G'=$;&K%%$&'V'N8'UK#&'c'&#'K2#,'M#.$&' M8%&'NS8M;$&&$'=8;'K2'&2;'00/'+''
"K99$%.'c'' '
' '
!K2&";#;$' V' 2%$' KUU;$' MS$9=NK#' &2;' -;8#.$9$%.'M$'N8'&#.28.#K%'=8;'N$&'<N:O$&+'
Kq8=#+%$.' =8;' 98#N' $%' *' [K#L%8%.' &K%'
MK&&#$;+''
-!'/"!"2)*j"\.&$./',0)
?E)'SNLJ)) =E'/T7MSNLN8S)KN)R7)JMS<7SMI8)JMLMR7MTN))
P K
'''''8Q''a<=K%&$&'"K;;$".$&'R' ' '''''8Q''($;.#%$%"$'R' '
P K
N N
'''''TQ''a<=K%&$&'"K;;$".$&'R' ' '''''TQ''!.;2".2;$'R' '
N N
'''''' N
'''''"Q''a<&2N.8.'R' )
N
146
235(
5'-A")*3"B#&,'/./',0)*")+./!'-")0H)?=)
2I<JCKIL7M8N'R'!"#$%"$&'()*&#12$&,' US76RMJJNLN8S' R'JDJDAD7/'
-$")%KNKL#$'$.'-/0' "8JNM;878S' R'C/B-6|@B'
/MSTN'R'B=$;Y2'$.'%K.#K%&'<N<9$%.8#;$&'M$' -R7JJN'R'H :9$'8%%<$'6J''
5#";K&KU.''pK;M' !VWVTN8PNJ'R''
-IKN'R'5-/0'>+>>' >+ (;KL;899$'M$&'!"#$%"$&'()*&#12$&,
-$")%KNKL#$'$.'-/0,'P(?!0(4€!'R
(8L$'>IjQ
I+ E2#M$'$%'B==2#'82'(;KL;899$
6M2"8.#U'M2'CB!'P-/0Q
F+ C<"K2O;K%&'NS#%UK;98.#12$'>
h+ C<"K2O;K%&'NS#%UK;98.#12$'I
9KM$9'#%.$;%$.,'-8TN$..$,'.<N<=)K%$'9KT#N$'
-ILQVSN8PN)
&2"":&'$.'M$'98%#:;$'8""$=.8TN$'M$&'&#.28.#K%&'U8#&8%.'8==$N'V'M$&'&8OK#;&'$&&$%.#$N&'M$'
N8'"8.<LK;#$'WB=$;Y2'$.'%K.#K%&'<N<9$%.8#;$&'M$'5#";K&KU.''pK;MX+)
B' NS/%&.#.2.' JKTKqKN#' M$' J#%_8' C$NO82Z' V' A#%&)8&8,' NS$%&$#L%8%.' C/B-6|@B' M$' -/0'
M$98%M$' 82Z' <N:O$&' M$' N8' H:9$' 8%%<$' M$' NS6J' M$' U8#;$' #%M#O#M2$NN$9$%.' 2%' ;8==K;.' M$&'
O8"8%"$&' M8%&' N$12$N' #N&' M$O;K%.' M<";#;$' N$2;&' 8".#O#.<&' =$%M8%.' N$&' O8"8%"$&' M$' U#%'
MS8%%<$+' 7$' ;8==K;.' MK#.' g.;$' =;<&$%.<' &2;' 2%' MK"29$%.' pK;M' V' $%OK*$;' =8;' $]98#N' V'
NS$%&$#L%8%.+' (2#&12$' ")812$' <N:O$' $&.' &$%&<' 8OK#;' 2%$' "N<' @!J' =$;&K%%$NN$' =K2;' &$&'
.;8O82Z'$%'-/0,'NS$%&$#L%8%.'M$98%M$'82Z'<N:O$&'MS$%;$L#&.;$;'2%$'"K=#$'M2';8==K;.'M8%&'
N8'"N<'@!J'$.'N$2;';$"K998%M$'MS2.#N#&$;'N$&';8""K2;"#&]"N8O#$;'=K2;'8""<N<;$;'N8'&8#&#$+)
'E .-/'\'/"2)'0'/'.&"2
?E \VTMWMP7SMI8)KNJ)PI887MJJ78PNJ !VQI8JNJ)KNJ)VR[ZNJ)
#TVPVKN8SNJ
C 0#.$;' M$2Z' U8YK%&' M$' N8%"$;' 2% C 6%'MK2TN$]"N#128%.'&2;'&K%'#"{%$'&$'.;K2O8%.
=;KL;899$' UK%".#K%%8%.' &K2& &2;'N$'T2;$82'\
p#%MKn& C $%'"N#128%.'&2;'N$'9$%2'M<98;;$;'u'.K2&'N$&
=;KL;899$&']'=;KL;899$'P&$NK%'N8'O$;&#K%
M$'p#%MKn&Q
C 0K99$%.' ;$"K%%8o.]K%' NS8==N#"8.#K% C (8;'&K%'#"{%$
5&'pK;M'c
C b2$NN$' M#UU<;$%"$' *]8].]#N' $%.;$' 2%$ C @%$'"K998%M$'M#;$".$'&S$Z<"2.$
"K998%M$' M#;$".$' $.' 2%$ #99<M#8.$9$%.'.8%M#&'12S2%$'"K998%M$
"K998%M$'#%M#;$".$'c #%M#;$".$';$%OK#$'V'2%$'TKo.$'M$'M#8NKL2$
8O8%.'&K%'$Z<"2.#K%
=E +ISMZ7SMI8)]*VPI<ZNTSN^ -ILQTV_N8JMI8)KN)R7)JMS<7SMI8
C C$98%M$;'82Z'<N:O$&'M$'N#;$ C 7$".2;$'&#N$%"#$2&$'M$'N8'&#.28.#K%'=8;'.K2&
&#N$%"#$2&$9$%.'$.'V')82.$'OK#Z'N8 N$&'<N:O$'$.'$%&2#.$'V')82.$'OK#Z'=8;'M$2Z'K2
&#.28.#K% .;K#&'<N:O$&+
&#.28.#K% N$2;&'=;K=;$&'.$;9$&+
''E .-/'\'/"2)#!'0-'#.&"2
PI8JM;8NJ)
a$=8;.#;'N$&'<N:O$&'$%'&K2&]L;K2=$&'$.' " C<98;;8L$'M$'NSK;M#%8.$2;+
N$2;'M$98%M$;'M$'9$%$;'M$&'8".#K%&' " 0;<8.#K%' MS2%' ;<=$;.K#;$' =$;&K%%$N' %K99<
147
( 23-(
&2""$&&#O$&'=K2;'";<$;'2%'U#")#$;'pK;M+' W'?K9‚(;<%K9' M$' NS<N:O$'X' ' =K2;' N$' "K2;&'

M$&'-/0+''
" /M$%.#U#"8.#K%' M$' NS$9=N8"$9$%.' M$' NS#"{%$
5&'pK;M+
" 78%"$9$%.'M$'5&'pK;M+
" /M$%.#U#"8.#K%'M$&'<N<9$%.&'M$'NS#%.$;U8"$'M$
5&'pK;M'PC#UU<;$%.&'<N<9$%.&'M$'N8'U$%g.;$Q
" 0N#"'&2;'N$'9$%2'e#")#$;+
" 0N#"'&2;'N8'"K998%M$'W'6%;$L#&.;$;'&K2&'X
" !=<"#U#"8.#K%' M2' ;<=$;.K#;$' =$;&K%%$N' M8%&
N8'TKo.$'M$'M#8NKL2$+
" !8#&#$' M2' %K9' M2' U#")#$;'R' a8==K;.' M$&
O8"8%"$&,' =;<U#Z<' =8;' N$' %K9' M$' NS<N:O$
P6Z$9=N$' ?K9‚(;$%K9'‚a8==K;.' M$&
O8"8%"$&Q+
" 0N#"' &2;' N$' TK2.K%' W'6%;$L#&.;$;'X' M$' N8
TKo.$'M$'M#8NKL2$+
" e$;9$.2;$'M$'5&'pK;M+
" B;;g.'M$'NSK;M#%8.$2;+
'''E 2F0/A"2"
TVJ<LV)
C 0#.$;' N$&' =;#%"#=82Z' <N<9$%.&' ' MS2%$ C 7$&'=;#%"#=82Z'<N<9$%.&''MS2%$'U$%g.;$'pK;M
U$%g.;$'pK;Mc &K%.'R
$ N8'J8;;$'M$'.#.;$'\
$ N8' T8;;$' M$&' 9$%2&' K2' ;2T8%' Pe#")#$;,
B""2$#N,' /%&$;.#K%,' 5#&$' $%' =8L$,
a<U<;$%"$,' (2TN#=K&.8L$,' a<O#&#K%,
BUU#")8L$,'dQ'\
$ N$&';:LN$&')K;#_K%.8N$'$.'O$;.#"8N$
$ N$&' T8;;$&' M$' M<U#N$9$%.' )K;#_K%.8N' $.
O$;.#"8N'\
$ NS$&=8"$'M$'.;8O8#N'\
$ N8'T8;;$'MS<.8.+
C b2$N&' &K%.' N$&' <N<9$%.&' $&&$%.#$N&' V C C8%&' N8' TKo.$' M$' M#8NKL2$' W'6%;$L#&.;$;
=;$%M;$' $%' "K9=.$' 8O8%.' MS$%;$L#&.;$; &K2&'X,' &=<"#U#$;' NS$9=N8"$9$%.' P;<=$;.K#;$Q,
2%' MK"29$%.' pK;M'c' P>$; N$' %K9' M2' U#")#$;' $.' N$' .*=$' M$' U#")#$;' 82
$%;$L#&.;$9$%.Q+ T$&K#%+
?J+' (K2;' N$&' MK"29$%.&' pK;M,' ' =8;' M<U82.,
NS$9=N8"$9$%.' $&.' W')0=& "E9@/02I=&c' $.' N$
.*=$'$&.'W'"E9@/02I&oE8F&c
'\E "\.&$./',0
\VTMWMP7SMI8)KNJ)7PX<MJ)J<T)RNJ)J7ZIMTJ) !VQI8JNJ)
NJJN8SMNRJ)
8Q 0#.$;'N$&'=;#%"#=82Z'9$%2&'M$'pK;M 8Q e#")#$;,'B""2$#N,'/%&$;.#K%,'5#&$'$%'=8L$,
a<U<;$%"$,'(2TN#=K&.8L$,'a<O#&#K%,'BUU#")8L$
TQ CK%%$;'N8'M#UU<;$%"$'$%.;$'2%'9$%2 TQ @%'9$%2'$&.'2%'$%&$9TN$'M$'"K998%M$&
$.'2%'TK2.K%'M8%&'pK;M+ 8==8;$%.<$&'.8%M#&'12S2%'TK2.K%';$=;<&$%.$
2MS<7SMI8)JMLMR7MTN)) 2%$'&$2N$'"K998%M$+
0;<$;'2%'U#")#$;';$=;$%8%.'N8'N#&.$'M$&' /T7MSNLN8S)KN)R7)JMS<7SMI8)JMLMR7MTN)
<N:O$&'M$'N8'"N8&&$+' -;8#.$9$%.'M$'N8'&#.28.#K%'=8;'N$&'<N:O$&+'
-!'/"!"2)*j"\.&$./',0)
P K
8Q a<=K%&$&'"K;;$".$&'R' 8Q ($;.#%$%"$'R'
P K
148
23.(
N N
'''''TQ''a<=K%&$&'"K;;$".$&'R' ' '''''TQ''!.;2".2;$'R' '
N N
'''''' N
'''''"Q''a<&2N.8.'R' )
N
'
'
'
'
'
'
5'-A")*3"B#&,'/./',0)*")+./!'-")0H)?c)
2I<JCKIL7M8N'R'!"#$%"$&'()*&#12$&,' US76RMJJNLN8S' R'JDJDAD7/'
-$")%KNKL#$'$.'-/0' "8JNM;878S' R'C/B-6|@B'
/MSTN'R'0;<8.#K%,'&8#&#$'$.'&82O$L8;M$' -R7JJN'R'H :9$'8%%<$'6J''
MS2%'MK"29$%.'pK;M' !VWVTN8PNJ'R''
-IKN'R'5-/0'>+>>'' >+'(;KL;899$'M$&'!"#$%"$&'()*&#12$&,''
''' '''-$")%KNKL#$'$.'-/0,'P(?!0(4€!'R''
'''(8L$'>IjQ'
I+'E2#M$'$%'B==2#'82'(;KL;899$''
''''6M2"8.#U'M2'CB!'P-/0Q'
F+'C<"K2O;K%&'NS#%UK;98.#12$'>'
h+'C<"K2O;K%&'NS#%UK;98.#12$'I'
+7SVTMNR)*MK7PSMX<N'R'D;M#%8.$2;&,'0N<&'
@!J,'9KM$9'#%.$;%$.,'.8TN$..$,'.<N<=)K%$'
9KT#N$'
-ILQVSN8PN''
&2"":&'$.'M$'98%#:;$'8""$=.8TN$'M$&'&#.28.#K%&'U8#&8%.'8==$N'V'M$&'&8OK#;&'$&&$%.#$N&'M$'
"YNLQRN)KN)JMS<7SMI8'
NS$%&$#L%8%.+' (2#&12$' ")812$' <N:O$' $&.' &$%&<' 8OK#;' 2%$' "N<' @!J' =$;&K%%$NN$' =K2;' &$&'
'E).-/'\'/"2)'0'/'.&"2)
?E) \VTMWMP7SMI8)KNJ)PI887MJJ78PNJ) ?E)!VQI8JNJ)7<Y)X<NJSMI8J)
#TVPVKN8SNJ) '
C' 0#.$;' .;K#&' U8YK%&' MSK2O;#;' 2%' U#")#$;' C'6%'N8%Y8%.'pK;M,'2.#N#&$;'N8'"K998%M$'
pK;M'$Z#&.8%.'&K2&'p#%MKn&+' W'D2O;#;'X'M2'9$%2'e#")#$;'\''
' C'0K%%8#&&8%.'NS$9=N8"$9$%.'M2'U#")#$;'
' P;<=$;.K#;$Q,'MK2TN$]"N#12$;'&2;'N$'%K9'M2'
' U#")#$;'\'
' C'a$")$;")$;'N$'U#")#$;'V'=8;.#;'M$'N8'
' "K998%M$'W'a$")$;")$;'X''M2'9$%2'
' M<98;;$;'K2'M$'NS6Z=NK;8.$2;'M$'p#%MKn&+'''
' '
C' 0#.$;' .;K#&' "K998%M$&' M2' 9$%2' C'b&!280B>=I808&=E@=&c,'W'd@T8>8&c'$.'
e#")#$;' 12#' "K%M2#&$%.' V' NSK2O$;.2;$' W'L/A8>/08&c+'
MS2%$'TK#.$'M$'M#8NKL2$' '
' '
149
( 23/(
C' CK%%$;' N8' M#UU<;$%"$' $%.;$' N8' '

"K998%M$' W'6%;$L#&.;$;'X' $.' C'78'"K998%M$'W'!280B>=I808&=E@='X,'
W'6%;$L#&.;$;'&K2&'X' &82O$L8;M$'2%'U#")#$;'&K2&'2%'%K2O$82'%K9,'
' $9=N8"$9$%.'$.'.*=$'.8%M#&'12$'N8'
' "K998%M$'W'!280B>=I808'X'&82O$L8;M$'N$&'
cE) +ISMZ7SMI8)]*VPI<ZNTSN^)) 9KM#U#"8.#K%&'8==K;.<$&'V'2%'U#")#$;'$Z#&.8%.+''
C'C$98%M$;'82Z'<N:O$&'M$'N#;$' '
&#N$%"#$2&$9$%.'$.'=2#&'V')82.$'OK#Z'N8' C'7$".2;$'&#N$%"#$2&$'M$'N8'&#.28.#K%'=8;'.K2&'
&#.28.#K%+' N$&'<N:O$&'$.'V')82.$'OK#Z'=8;'M$2Z'K2'.;K#&'
' <N:O$&+'
C'C$98%M$;'82Z'<N:O$&'MS$Z=N#12$;'N8' '
&#.28.#K%' C'0K9=;<)$%&#K%'M$'N8'&#.28.#K%'R'$Z=N#"8.#K%'
M$'N8'&#.28.#K%'=8;'N$&'<N:O$&'$%'N$2;&'=;K=;$&'
.$;9$&+''''
''E).-/'\'/"2)#!'0-'#.&"2)
PI8JM;8NJ) '
a$=8;.#;'N$&'<N:O$&'$%'&K2&]L;K2=$&'$.' "' 0;<8.#K%'M2'U#")#$;+'''
N$2;'M$98%M$;'M$'9$%$;'M$&'8".#K%&' "' !8#&#$' 82' q#NK9:.;$' M2' ;8==K;.' M$&'
&2""$&&#O$&'=K2;'";<$;'$.'UK;98.$;'2%' O8"8%"$&+'
MK"29$%.'pK;M+' "' C<=N8"$9$%.' M2' "2;&$2;' V' NS8#M$' M$&'
' .K2")$&'M$'M#;$".#K%+'
' "' !<N$".#K%'M2'.$Z.$'8O$"'N8'"K9T#%8#&K%'M$&'
' .K2")$&'W'*;>7I&X'$.'W'IE@9;0=&F0&F>809I>E2'X'
' "' @.#N#&8.#K%'M$'N8'.K2")$'M+A'=K2;'8N#L%$;'N$&'
' .$Z.$&'$.'U8#;$'N$&';$.;8#.&'M$'=;$9#:;$'N#L%$'
' M$&'=8;8L;8=)$&+'
"' BUU#")8L$' M2' MK"29$%.' $%' 9KM$'
MS8UU#")8L$'J;K2#NNK%+'
"' 0K;;$".#K%' =;KL;$&&#O$' M$&' U82.$&'
MSK;.)KL;8=)$' =8;' N$' 9K*$%' M$' N8' .K2")$'
)02@&9E2I0VI@0M'M2'"N8O#$;+'
"' 6%;$L#&.;$9$%.' =;KL;$&&#U' M2' U#")#$;' =8;' N8'
"K9T#%8#&K%'M$&'.K2")$&'W'0.;N'X'$.'W'!'X+'
"' BUU#")8L$' M2' MK"29$%.' $%' /EF0& $1B0' $.'
#A08p@&1T12I&L/A80==>E2,'
"' /9=;$&&#K%' M2' U#")#$;' $%' 2.#N#&8%.' N8'
"K9T#%8#&K%'M$&'.K2")$&'W'0.;N'X'$.'W'('X+'
"' @.#N#&8.#K%' M$' M#UU<;$%.&' 9KM$&' MS8UU#")8L$'
=K2;'=;<]O#&28N#&$;'N$'.$Z.$+'
"' e$;9$.2;$'M2'e#")#$;+''
"' e$;9$.2;$'M$'5&'pK;M+'
'''E)2F0/A"2")
(<NJSMI8J)KN)TVP7QMS<R7SMI8) #7TSMPMQ7SMI8) KNJ) VR[ZNJ) `) R7) QTIK<PSMI8) KN)
C' 0K99$%.' ;$"K%%8#.]K%' N$&' U82.$&' R7)Ja8S_[JN)
MSK;.)KL;8=)$' $.' M$' L;8998#;$' C'7$&'U82.$&'MSK;.)KL;8=)$'&K%.'&K2N#L%<$&'$%'
P&*%.8Z$Q' =$%M8%.' N8' &8#&#$' MS2%' .$Z.$' ;K2L$'$.'N$&'$;;$2;&'M$'&*%.8Z$'$%'O$;.'K2'$%'
M8%&'pK;Mc' TN$2+'
' '
C' CK%%$;' N$&' ;8""K2;"#&' "N8O#$;&' M$&' C'D2O;#;'t'W'0.;N'X'ƒ'W'D'X'
"K998%M$&' D2O;#;,' ?K2O$82,' C'?K2O$82t'W'0.;N'X'ƒ'W'?'X'
!<N$".#K%%$;' .K2.,' 0K=#$;,' 0KNN$;,' C'!<N$".#K%%$;'.K2.'t'W'0.;N'X'ƒ'W'B'X'
6%;$L#&.;$;,'/9=;#9$;'$.'b2#..$;+'' C'0K=#$;t'X0.;N'X'ƒ'W'0'X'
' C'0KNN$;t'W'0.;N'X'ƒ'W'f'X'
'
150
241(
C 6%;$L#&.;$;t'W'0.;N'X'ƒ'W'!'X
C /9=;#9$;t'W'0.;N'X'ƒ'W'('X
C b2#..$;'t'W'BN.'X'ƒ'W'eh'X
C b2$NN$' $&.' N8' "K998%M$' 12#' &$
;8==K;.$'V'N8'"K9T#%8#&K%'M$&'.K2")$&
!)#U.'ƒ'.K2")$&'M$'M#;$".#K%'c 0S$&.'N8'"K998%M$'W'!<N$".#K%%$;'X'
C B'12K#'&$;O$%.'N$&'.K2")$&'-8T,'eH,'ei
M8%&'pK;M'c -8T' =$;9$.' NS8N#L%$9$%.' $.' N$' ;$.;8#.' M$'
=;$9#:;$'N#L%$'MS2%'=8;8L;8=)$+'
eH' N8%"$' N8' "K;;$".#K%' K;.)KL;8=)#12$' $.'
L;8998.#"8N$+'
ei' N8%"$' N8' TKo.$' M$' M#8NKL2$' W'a$")$;")$;'
$.' ;$9=N8"$;'X+' D%' =$2.' 82&&#' 2.#N#&$;' N$'
;8""K2;"#]"N8O#$;'W'0;.N'X'ƒ'W'4'X+'
'\E "\.&$./',0
\VTMWMP7SMI8)KNJ)7PX<MJ)J<T)RNJ)J7ZIMTJ) !VQI8JNJ)7<Y)X<NJSMI8J)
NJJN8SMNRJ)
8Q 0#.$;' N$&' M#UU<;$%.&' 9KM$&' 8Q (8L$,'J;K2#NNK%,'7$".2;$,'(N$#%'<";8%,'(N8%,
MS8UU#")8L$'MS2%'MK"29$%.'pK;M+' p$T,'B=$;Y2'8O8%.'#9=;$&&#K%+
TQ b2$NN$&'&K%.'N$&'K=.#K%&'$&&$%.#$NN$& TQ !<N$".#K%'M$'NS#9=;#98%.$'"K%%$".<$'V
V' NS$Z<"2.#K%' M$' N8' "K998%M$ NS2%#.<'"$%.;8N$,'M<.$;9#%8.#K%'M$&'=8L$&'V
W'/9=;#9$;'Xc #9=;#9$;,'M2'%K9T;$'M$'"K=#$&,'M2'9KM$
;$".K'K2';$".K]O$;&K,'9KM$'MS#9=;$&&#K%
8&&$9TN<'K2'%K%,'M$'NSK;#$%.8.#K%'M2'=8=#$;
d
!8#&#;'2%$'N$..;$''M$'M$98%M$'MS$9=NK#,' 7$&'<N:O$&'&8#&#&&$%.'N8'N$..;$,'N8'UK;98.$%.'$.'
N8'UK;98.$;'$.'NS$%OK*$;'=8;'$]98#N'V' NS$%OK#$%.'V'NS$%&$#L%8%.'+'
NS$%&$#L%8%.+''
-!'/"!"2)*j"\.&$./',0)
P K
8Q a<=K%&$&'"K;;$".$&'R' 8Q ($;.#%$%"$'R'
P K
N N
TQ a<=K%&$&'"K;;$".$&'R' TQ !.;2".2;$'R'
N N
N
"Q a<&2N.8.'R'
N
151
( 242(
) 5'-A")*3"B#&,'/./',0)*")+./!'-")0H)?d)
-$")%KNKL#$'$.'-/0' "8JNM;878S' R''
/MSTN'R'7$&';8""K2;"#&]"N8O#$;' -R7JJN'R'H :9$'8%%<$'6J''
-IKN'R'5-/0'>+>>' !VWVTN8PNJ'R''
''' >+'(;KL;899$'M$&'!"#$%"$&''
''''()*&#12$&,'-$")%KNKL#$'$.'-/0,''
'''''
I+'E2#M$'$%'B==2#'82'(;KL;899$''
''''6M2"8.#U'M2'CB!'P-/0Q'
F+'C<"K2O;K%&'NS#%UK;98.#12$'>'
h+'C<"K2O;K%&'NS#%UK;98.#12$'I'
+7SVTMNR)*MK7PSMX<N'R'D;M#%8.$2;&,'0N<'
@!J,'9KM$9,'-8TN$..$,'.<N<=)K%$'=K;.8TN$'
-ILQVSN8PN)
&2"":&'$.'M$'98%#:;$'8""$=.8TN$'M$&'&#.28.#K%&'U8#&8%.'8==$N'V'M$&'&8OK#;&'$&&$%.#$N&'M$'
NS$%&$#L%8%.+' (2#&12$' ")812$' <N:O$' $&.' &$%&<' 8OK#;' 2%$' "N<' @!J' =$;&K%%$NN$' =K2;' &$&'
'E) .-/'\'/"2)'0'/'.&"2)
?E) \VTMWMP7SMI8)KNJ)PI887MJJ78PNJ) !VQI8JNJ)7<Y)X<NJSMI8J)
QTVPVKN8SNJ) '
C' b2$NN$&' &K%.' N$&' "K%M#.#K%&' =K2;' C'C#&=K&$;'MS2%'K;M#%8.$2;,'MS2%'.<N<=)K%$,'
8""<M$;'V'NS#%.$;%$.'c'' MS2%$'.8TN$..$'8==;K=;#<&'\'MS2%'9KM$9,'
' MS2%$'"K%%$Z#K%'#%.$;%$.+''
' '
C' 0#.$;' N$&' .;K#&' M#UU<;$%.$&' ' 98%#:;$&' C'=8;'N8'"K998%M$'W'6%;$L#&.;$;'&K2&'X,'
M$' .;8%&U$;.' MS2%' U#")#$;' O$;&' 2%$' "N<' =K2;'2%'U#")#$;'K2O$;.'K2'N8'"K998%M$'
@!J+' W'6%OK*$;'O$;&'X'M2'9$%2'"K%.$Z.2$N''$%'
' "N#128%.'M;K#.'&2;'N$'U#")#$;'V'=8;.#;'M$'&K%'
' $9=N8"$9$%.+''
' C'=8;'N$&'0K998%M$&'P-2(0''PV'=8;.#;'M$'
' &K%'$9=N8"$9$%.Q'$.'P-??0''PO$;&'N8'
' M$&.#%8.#K%Q+''
' C'=8;'NS8".#K%'0N#12$;]LN#&&$;'M$'N8'&K2;#&'M2'
' ;<=$;.K#;$'MSK;#L#%$'O$;&'N8'M$&.#%8.#K%+''
' '
' '
=E) +ISMZ7SMI8)]*VPI<ZNTSN^)) -ILQTV_N8JMI8)KN)R7)JMS<7SMI8)
C'C$98%M$;'82Z'<N:O$&'M$'N#;$' C'7$".2;$'&#N$%"#$2&$'M$'N8'&#.28.#K%'=8;'.K2&'
&#N$%"#$2&$9$%.'$.'=2#&'V')82.$'OK#Z'N8' N$&'<N:O$&'$.'V')82.$'OK#Z'=8;'M$2Z'K2'.;K#&+'
&#.28.#K%' '
' '
C'C$98%M$;'82Z'<N:O$&'MS$Z=N#12$;'N8' C'6Z=N#"8.#K%'M$'N8'&#.28.#K%'=8;'N$&'<N:O$&'$%'
&#.28.#K%' N$2;&'=;K=;$&'.$;9$&''''
152
24,(
''E).-/'\'/"2)#!'0-'#.&"2)
a$=8;.#;'N$&'<N:O$&'$%'&K2&]L;K2=$&'$.' '
N$2;'M$98%M$;'M$'9$%$;'M$&'8".#K%&' "' D2O$;.2;$'M2'e#")#$;+'
&2""$&&#O$&'=K2;'8..8")$;'$.'$%OK*$;'2%' "' J;8%")$9$%.'M2'9KM$9+'
U#")#$;'pK;M'=8;'$]98#N+' "' B".#O8.#K%'M$'N8'"K%%$Z#K%'/%.$;%$.+'
' "' 78%"$9$%.' M2' %8O#L8.$2;' PEKKLN$'
' ");K9$,'$."+Q'
' "' D2O$;.2;$'M2'"K9=.$'M$'9$&&8L$;#$+'
' "' 0;<8.#K%'MS2%'%K2O$82'98#N+'
' "' B..8")$'M2')(*G(0'#*-.*0'.&"'
' "' 0K9=K&#.#K%'MS2%'.$Z.$'8""K9=8L%8.$2;+'
"' !8#&#$' M$' NS8M;$&&$' 98#N' M2' M$&.#%8.8#;$'
P$%&$#L%8%.Q+'
"' 6%OK#'M2'98#N+'
"' C<"K%%$Z#K%'M$'N8'TKo.$'M$'9$&&8L$;#$+'
"' C<"K%%$".#K%'M$'NS#%.$;%$.+'
"' C<T;8%")$9$%.'M2'9KM$9+'
"' 0K%%$Z#K%' M$' N8' "N<' @!J' V' NS2%#.<'
"$%.;8N$+'
"' 6%;$L#&.;$9$%.'M2'U#")#$;'M8%&'N8'"N<'
@!J+'
"' e$;9$.2;$'M2'U#")#$;+''
"' e$;9$.2;$'M$'5&'pK;M+'
'''E)2F0/A"2")
(<NJSMI8J)KN)TVP7QMS<R7SMI8) #7TSMPMQ7SMI8) KNJ) VR[ZNJ) `) R7) QTIK<PSMI8)
) KN)R7)Ja8S_[JN)
) 'C'-*&/8'01# 2-8'# +,,+*G0'# 0,# 0.5-F0'# 8.#
) )(*G(0'#T-'/#2+'#0UJ+(?#
C' 0#.$;' M$2Z' U8YK%&' =K2;' K2O;#;' 2%' U#")#$;' 60=& F0@V& 71pE2=& FOE@T08I@80& FO@2& 7>9;>08&
pK;M+' oE8F&=E2IU&
' C'CK2TN$]"N#"' &2;' N$' U#")#$;,' "K%%8#&&8%.' &K%'
' $9=N8"$9$%.+''
' C'C<98;;8L$' M$' pK;M,' $%' "N#128%.' ' &2;' N$'
' 9$%2' e#")#$;' $.' &2;' N$' U#")#$;' M8%&' N8' N#&.$'
' M$&' U#")#$;&' ;<"$%.&'\'K2' $%' "N#128%.' &2;' N8'
' ' "K998%M$' W'K2O;#;'X' $.' $%' &<N$".#K%%8%.''
' N$' U#")#$;' M8%&' N8' TK#.$' M$' M#8NKL2$' V' =8;.#;'
' M$'&K%'$9=N8"$9$%.+''
C'0K99$%.' 8..8")$].]K%' 2%' U#")#$;' pK;M' '
%K%'K2O$;.'c' B..8")$'MS2%'U#")#$;'pK;M''%K%'K2O$;.R'
' C'"N#"'&2;'N$'9$%2'e#")#$;'$.'&2;'N8'"K998%M$'
' W'6%;$L#&.;$;'$.'6%OK*$;'X''
' '
' C'C8%&'N8'TK#.$'M$'9$&&8L$;#$,'"N#"'&2;'
' NS#"{%$'W'H8E/NE20&c,'$.'&<N$".#K%'N$'U#")#$;'
' V'=8;.#;'M$'N8'TK#.$'M$'M#8NKL2$'12#'&SK2O;$+'''
' '
C'6&.]#N' =K&&#TN$' M$' 9KM#U#$;' 2%' U#")#$;' C'/N' %S$&.' =8&' =K&&#TN$' M$' 9KM#U#$;' 2%' U#")#$;'
pK;M' M<[V' 8..8")<' M8%&' 2%' "K9=.$' M$' pK;M' M<[V' 8..8")<+' 7$' &$;O$2;' M$'
9$&&8L$;#$c'•2&.#U#$_'OK.;$';<=K%&$+' 9$&&8L$;#$' %S8' =8&' MSK2.#N&' =K2;' .;8#.$;' N$'
'' U#")#$;+' /N' %S8' 12$' M$&' K2.#N&' =K2;' $%OK*$;'
N$&'9$&&8L$&+'
'
'
153
( 240(
'\E "\.&$./',0
NJJN8SMNRJ)
8Q 6&.]#N' =K&&#TN$' M$' 9KM#U#$;' 2% 8Q D2#
MK"29$%.'pK;M'M<[V'.$;9#%<'c
TQ 6&.]#N'=K&&#TN$'M$'9KM#U#$;'2%'U#")#$; TQ ?K%,' #N' U82.' O$#NN$;' V' U#%8N#&$;' $.' "K%.;{N$;

pK;M'M<[V'$%OK*<'V'2%'M$&.#%8.8#;$ 9#%2.#$2&$9$%.' N$' MK"29$%.' 8O8%.' M$
=8;' 98#N'c' b2$NN$&' =;<"82.#K%& NS$%OK*$;+
=;$%M;$'c
2MS<7SMI8)JMLMR7MTN))
!8#&#;'2%''.$Z.$'V'$%OK*$;'82Z'=8;$%.&'=8;' /T7MSNLN8S)KN)R7)JMS<7SMI8)JMLMR7MTN)
$]98#N+ 7$&'<N:O$&'&8#&#&&$%.'N$'.$Z.$'V'$%OK*$;'
82Z'=8;$%.&+'
-!'/"!"2)*j"\.&$./',0)
P K
8Q a<=K%&$&'"K;;$".$&'R' 8Q ($;.#%$%"$'R'
P K
N N
TQ a<=K%&$&'"K;;$".$&'R' TQ !.;2".2;$'R'
N N
N
"Q a<&2N.8.'R'
N
5'-A")*3"B#&,'/./',0)*")+./!'-")0H)?e)
-$")%KNKL#$'$.'-/0' "8JNM;878S' R''
/MSTN'R'7$&'K=.#K%&'MS<M#.#K%'MS2%' -R7JJN'R'H :9$'8%%<$'6J'
MK"29$%.'5&'pK;M' !VWVTN8PNJ'R''
-IKN'R'5-/0'>+>I' >+ (;KL;899$'M$&'!"#$%"$&'()*&#12$&,
-$")%KNKL#$'$.'-/0,'P(?!0(4€!'R
(8L$'>IjQ
I+ E2#M$'$%'B==2#'82'(;KL;899$
6M2"8.#U'M2'CB!'P-/0Q
F+ C<"K2O;K%&'NS#%UK;98.#12$'>
h+ C<"K2O;K%&'NS#%UK;98.#12$'I
+7SVTMNR)*MK7PSMX<N'R'D;M#%8.$2;&,'-8TN$..$&'
-ILQVSN8PN)
&2"":&'$.'M$'98%#:;$'8""$=.8TN$'M$&'&#.28.#K%&'U8#&8%.'8==$N'V'M$&'&8OK#;&'$&&$%.#$N&'M$'
N8'"8.<LK;#$'W-;8#.$9$%.'M$'-$Z.$'8O$"'5!'pK;M'X+)
(#$;;$..$' A8%q#&)#,' 8%#98.;#"$' "2N.2;$NN$' V' N8' a-?0,' =;<=8;$' M$=2#&' &#Z' 9K#&' 2%'
;$=K;.8L$3MK"29$%.8#;$'&2;'N$&'TK%KTK&+'7$'.$Z.$'M$'&K%'MK"29$%.8#;$'$&.'"K%.$%2'M8%&'
2%' U#")#$;' pK;M' M$' ij' =8L$&+' 6NN$' &S$&.' ;$%M2' "K9=.$' 12SV' =N2&#$2;&' ;$=;#&$&,' $NN$' 8'
%K99<' N$' TK%KTK' ")$U' M2' L;K2=$' W'ABC/'X' 8NK;&' 12S#N' &S8==$NN$' W'(BC/'X+' 7$' .$Z.$'
"K9=;$%M' 82&&#' T$82"K2=' M$' U82.$&' MSK;.)KL;8=)$&+' ($%M8%.' 12S$NN$' .;8O8#NN$' &2;' N$'
9K%.8L$' O#M<K,' $NN$' 8==$NN$' J#Mn8*8,' <N:O$' M$' N8' H:9$' 8%%<$' M$' NS6J' V' O$%#;' NS8#M$;' V'
9$..;$' $%' UK;9$' &K%' .$Z.$' $.' U#%8N#&$;' &K%' MK"29$%.+' (K2;' N8' TK%%$' =;<&$%.8.#K%' M2'
MK"29$%.,' $NN$' &K2)8#.$' 12$' N$&' %K9&' M$&' M#UU<;$%.&' N#$2Z' K~' O#O$%.' N$&' TK%KTK&' &K#$%.'
&K2N#L%<&'$.'$%'L;8&+''
154
243(
.PSMZMSVJ)KN)R3N8JNM;878S) .PSMZMSVJ)KNJ)VR[ZNJ)
'E .-/'\'/"2)'0'/'.&"2
#TVPVKN8SNJ
C 0#.$;'M$2Z'U8YK%&'=K2;'&<N$".#K%%$; C 6%'MK2TN$]"N#128%.'&2;'N$'9K.'K2'M'(22?0U
2%'9K.,'2%$'N#L%$'K2'2%'=8;8L;8=)$ *?(<8+.,#18'#?0#2+'+>'+2G0
M8%&'5&'pK;M+ C $%'98#%.$%8%.'N8'.K2")$'&)#U.'$%UK%"<$'$.
2.#N#&8%.'N$&'.K2")$&'M$'M#;$".#K%'UN:")$'O$;&
N8'L82")$'K2'O$;&'N8'M;K#.$'\
C $%'98#%.$%8%.'N8'.K2")$'&)#U.'$%UK%"<$'$.
8==2*8%.'&2;'N8'.K2")$'W'C<T2.'K2'e#%'X'+
C 0K99$%.' 8==$NN$].]K%' N$&' .K2")$& C 0$'&K%.'N$&'.K2")$&'M$'M#;$".#K%'$.'M$

M2' "N8O#$;' 12#' =$;9$..$%.' M$' M<U#N$; M<=N8"$9$%.';8=#M$'PC<T2.,'e#%,'(L'@=,'(L
;8=#M$9$%.'M8%&'2%'MK"29$%.c C%Q+
=E +ISMZ7SMI8)]*VPI<ZNTSN^ -ILQTV_N8JMI8)KN)R7)JMS<7SMI8'
C C$98%M$;'82Z'<N:O$&'M$'N#;$
&#N$%"#$2&$9$%.'$.'V')82.$'OK#Z'N8 C 7$".2;$'&#N$%"#$2&$'M$'N8'&#.28.#K%'=8;'.K2&
&#.28.#K%+ N$&''<N:O$&'$.'$%&2#.$'V')82.$'OK#Z'=8;'M$2Z
K2'.;K#&'<N:O$&+
C C$98%M$;'82Z'<N:O$&'MS$Z=N#12$;'N8 C $Z=N#"8.#K%'M$'N8'&#.28.#K%'=8;'N$&'<N:O$&'$%
&#.28.#K% N$2;&'=;K=;$&'.$;9$&+
''E .-/'\'/"2)#!'0-'#.&"2
PI8JM;8NJ)
a$=8;.#;'N$&'<N:O$&'$%'&K2&]L;K2=$&'$.'
N$2;'M$98%M$;'M$'9$%$;'M$&'8".#K%&' " C<98;;8L$'NSK;M#%8.$2;+
&2""$&&#O$&'=K2;'<M#.$;'2%'MK"29$%.' " 78%"$9$%.'M$'5&'pK;M+
pK;M+' " D2O$;.2;$' M2' MK"29$%.' M$' NS$Z$9=N$' M$
&#.28.#K%+
" a$")$;")$' M2' %K9' W'ABC/'X' M8%&
NS$Z$9=N$' M$' &#.28.#K%' $%' 2.#N#&8%.' N$
;8""K2;"#]"N8O#$;'W'0.;N'X'ƒ'W'4'X+
" a$9=N8"$9$%.' M$' W'ABC/'X' =8;' W'(BC/'X
M8%&' N8' TK#.$' M$' M#8NKL2$' W'a$")$;")$;' $.
a$9=N8"$;'X'M2'9$%2'e#")#$;+
" /M$%.#U#"8.#K%' M$&' N#$2Z' K~' O#O$%.' N$&
TK%KTK&+
" !<N$".#K%'M$&'N#$2Z'K~'O#O$%.'N$&'TK%KTK&+
" 5#&$' $%' L;8&' $.' &K2N#L%$9$%.' M$&' N#$2Z
&<N$".#K%%<&+
" 0K;;$".#K%' 82.K98.#12$' M$&' U82.$&
MSK;.)KL;8=)$' $.' M$' L;8998#;$' $%' N8%Y8%.
N8'"K;;$".#K%'=8;'eH+
" 6%;$L#&.;$9$%.' M$&' 9KM#U#"8.#K%&
8==K;.<$&' 82' MK"29$%.' $%' 2.#N#&8%.' N$
;8""K2;"#]"N8O#$;'W'0.;N'X'ƒ'W'!'X+
" e$;9$.2;$'M2'U#")#$;+
" e$;9$.2;$'M$'5&'pK;M+
" B;;g.'M$'NSK;M#%8.$2;+
155
244(
'''E 2F0/A"2"
TVJ<LV)
C b2$N'$&.'N$';8""K2;"#]"N8O#$;'12#'=$;9$. C W'0.;N'X' ƒ' W'4'X' =$;9$.' MSK2O;#;' N8' TKo.$' M$
M$';$")$;")$'2%'9K.'M8%&'5!'pK;M'c M#8NKL2$' M$' N8' "K998%M$' W'a$")$;")$;' $.
;$9=N8"$;'X
C b2$'U82.]#N'=K2;'UK;98.$;'2%'.$Z.$'K2'2% C (K2;' UK;98.$;' 2%' 9K.,' #N' U82.' MS8TK;M' N$

KT[$.'M8%&'5&'pK;M'c &<N$".#K%%$;
'\E "\.&$./',0
NJJN8SMNRJ)
8QC8%&'12$N'9$%2'M$'pK;M'.;K2O$].]K% 8QC8%&'N$'9$%2'W'B""2$#N'X+
N$&' "K998%M$&' W'E;8&'X,' W'/.8N#12$'X
$.'W'!K2N#L%<'X'c
TQb2$NN$' $&.' N8' .K2")$' M2' "N8O#$;' 12# TQ0S$&.'N8'.K2")$'eH+

=$;9$.' M$' N8%"$;' N8' "K;;$".#K%
K;.)KL;8=)#12$'c
5$..;$'$%'UK;9$'2%$'=8L$'M$'L8;M$+' 7$&'<N:O$&'9$..$%.'$%'UK;9$'N8'=8L$'M$'
L8;M$+'
-!'/"!"2)*j"\.&$./',0)
P K
8Q a<=K%&$&'"K;;$".$&'R' 8Q ($;.#%$%"$'R'
P K
N N
TQ a<=K%&$&'"K;;$".$&'R' TQ !.;2".2;$'R'
N N
N
"Q a<&2N.8.'R'
N
5'-A")*3"B#&,'/./',0)*")+./!'-")0H)?g)
-$")%KNKL#$'$.'-/0' "8JNM;878S' R''
/MSTN'R'eK;98.8L$'MS2%'MK"29$%.'5&' -R7JJN'R'H :9$'8%%<$'6J'
pK;M' !VWVTN8PNJ'R''
-IKN'R'5-/0'>+>I' >+ (;KL;899$'M$&'!"#$%"$&'()*&#12$&,
-$")%KNKL#$'$.'-/0,'P(?!0(4€!'R'(8L$
>IjQ
I+ E2#M$'$%'B==2#'82'(;KL;899$'6M2"8.#U
M2'CB!'P-/0Q
F+ C<"K2O;K%&'NS#%UK;98.#12$'>
h+ C<"K2O;K%&'NS#%UK;98.#12$'I
+7SVTMNR)*MK7PSMX<N'R'D;M#%8.$2;&,'0N<'@!J,
9KM$9'#%.$;%$.,'-8TN$..$,'.<N<=)K%$'9KT#N$+
-ILQVSN8PN)
&2"":&'$.'M$'98%#:;$'8""$=.8TN$'M$&'&#.28.#K%&'U8#&8%.'8==$N'V'M$&'&8OK#;&'$&&$%.#$N&'M$'
N8'"8.<LK;#$'W/T7MSNLN8S)KN)/NYSN)7ZNP)+2)fITK'X+)
156
245(
(#$;;$..$' A8%q#&)#,' 8%#98.;#"$' "2N.2;$NN$' V' N8' a-?0,' =;<=8;$' M$=2#&' &#Z' 9K#&' 2%'
;$=K;.8L$3MK"29$%.8#;$'&2;'N$&'TK%KTK&+'7$'.$Z.$'M$'&K%'MK"29$%.8#;$'$&.'"K%.$%2'M8%&'
2%' U#")#$;' pK;M' M$' ij' =8L$&+' 6NN$' &S$&.' ;$%M2' "K9=.$' 12SV' =N2&#$2;&' ;$=;#&$&,' $NN$' 8'
%K99<' N$' TK%KTK' ")$U' M2' L;K2=$' W'ABC/'X' 8NK;&' 12S#N' &S8==$NN$' W'(BC/'X+' 7$' .$Z.$'
"K9=;$%M' 82&&#' T$82"K2=' M$' U82.$&' MSK;.)KL;8=)$&+' ($%M8%.' 12S$NN$' .;8O8#NN$' &2;' N$'
9K%.8L$' O#M<K,' $NN$' 8==$NN$' J#Mn8*8,' <N:O$' M$' N8' H:9$' 8%%<$' M$' NS6J' V' O$%#;' NS8#M$;' V'
9$..;$' $%' UK;9$' &K%' .$Z.$' $.' U#%8N#&$;' &K%' MK"29$%.+' (K2;' N8' TK%%$' =;<&$%.8.#K%' M2'
MK"29$%.,' $NN$' &K2)8#.$' 12$' N$&' %K9&' M$&' M#UU<;$%.&' N#$2Z' K~' O#O$%.' N$&' TK%KTK&' &K#$%.'
&K2N#L%<&' $.' L;8&+' 6NN$' &K2)8#.$' 82&&#' 12$' N$&' =8L$&' &K#$%.' %29<;K.<$&,' N$&' .#.;$&' $.' N$&'
&K2&].#.;$&'%29<;K.<&'$.'&K2N#L%<&,'N$&'=8;8L;8=)$&'8N#L%<&,'N8'=KN#"$'$.'N8'.8#NN$'M$&'.$Z.$&'
2%#UK;9#&<&'$.'#%&<;$;'2%$'.8TN$'M$&'98.#:;$&+''
.PSMZMSVJ)KN)R3N8JNM;878S' .PSMZMSVJ)KN)R3VR[ZN)
'E .-/'\'/"2)'0'/'.&"2
?E\VTMWMP7SMI8)KNJ)PI887MJJ78PNJ !VQI8JNJ)7<Y)X<NJSMI8J)
#TVPVKN8SNJ
C 0#.$;'N$&'M$2Z'.*=$&'M$'"K998%M$& C 7$&'"K998%M$&'12#'&S$Z<"2.$%.
M$&'9$%2&'pK;M+ #99<M#8.$9$%.'$.'"$NN$&'12#';$%OK#$%.'V'2%$
TKo.$'M$'M#8NKL2$
C 0#.$;' M$2Z' "K998%M$&' 12# C 7$&'"K998%M$&'W'U$;9$;'X'$.'W'L;8&'X

&S$Z<"2.$%.'#99<M#8.$9$%.'$.'M$2Z &S$Z<"2.$%.'#99<M#8.$9$%.'.8%M#&'12$'N$&
82.;$&'12#';$%OK#$%.'V'2%$'TKo.$'M$ "K998%M$&'W'(8;8L;8=)$'X'$.'W'=KN#"$'X
M#8NKL2$+ ;$%OK#$%.'V'2%$'TKo.$'M$'M#8NKL2$'8O8%.'N$2;
$Z<"2.#K%+
=E+ISMZ7SMI8)]*VPI<ZNTSN^ -ILQTV_N8JMI8)KN)R7)JMS<7SMI8)
C C$98%M$;'82Z'<N:O$&'M$'N#;$ C 7$".2;$'&#N$%"#$2&$'M$'N8'&#.28.#K%'=8;'.K2&
&#N$%"#$2&$9$%.'$.'=2#&'V')82.$'OK#Z'N8 N$&'<N:O$&'$.'=2#&'V')82.$'OK#Z'=8;'M$2Z'K2
&#.28.#K% .;K#&+
&#.28.#K%+ N$2;&'=;K=;$&'.$;9$&+
''E .-/'\'/"2)#!'0-'#.&"2
PI8JM;8NJ)
a$=8;.#;'N$&'<N:O$&'$%'&K2&]L;K2=$&'$.' " 78%"$9$%.'M$'5&'pK;M+
N$2;'M$98%M$;'M$'9$%$;'M$&'8".#K%&' " ?29<;K.8.#K%' M$&' =8L$&' =8;' N8' "K998%M$
&2""$&&#O$&'=K2;'UK;98.$;'2%'MK"29$%.' W'?29<;K'M$'=8L$'X'M2'9$%2'/%&$;.#K%+
pK;M+' " !<N$".#K%'M$&'.#.;$&'$.'M$&'&K2&].#.;$&+
" !K2N#L%$9$%.'M$&'.#.;$&'$.'M$&'&K2&].#.;$&+
" ?29<;K.8.#K%' M$&' .#.;$&' $%' 2.#N#&8%.' N8
"K998%M$' W'?29<;K.8.#K%'X' M2' L;K2=$
(8;8L;8=)$'M2'9$%2'B""2$#N+
" !<=8;8.#K%' M$&' =8;8L;8=)$&' $.' M<U#%#.#K%
M$&' #%.$;N#L%$&' =8;' N$&' "K998%M$&
W'/%.$;N#L%$'X' $.' W'$&=8"$9$%.' M$&
157
( 24-(
=8;8L;8=)$&'X'M2'9$%2'B""2$#N+'''
"' BN#L%$9$%.' M2' .$Z.$' =8;' N8' "K998%M$'
W'BN#L%$9$%.'X'M2'L;K2=$'(8;8L;8=)$+'
"' !<N$".#K%' M$' .K2.' N$' .$Z.$' =8;' N8'
"K9T#%8#&K%'M$&'.K2")$&'W'0.;N'X'$.'W'B'X+'
"' @%#UK;9#&8.#K%'M2'.$Z.$'=8;'N8'9g9$'=KN#"$,'
N$' 9g9$' &.*N$' $.' N8' 9g9$' .8#NN$' M$&'
"8;8".:;$&+'
"' B==N#"8.#K%' M2' &.*N$' M$&' .#.;$&' =8;' N8'
"K998%M$' W'!.*N$&' ;8=#M$&'X' M2' L;K2=$'
!.*N$'M2'9$%2'B""2$#N+'
"' /%&$;.#K%' 82.K98.#12$' M$' N8' .8TN$' M$&'
98.#:;$&' =8;' N8' "K998%M$' W'-8TN$' M$&'
98.#:;$&'X'M2'9$%2'a<U<;$%"$+'
"' 6%;$L#&.;$9$%.' M$&' 9KM#U#"8.#K%&'
8==K;.<$&' 82' MK"29$%.' $%' 2.#N#&8%.' N$'
;8""K2;"#]"N8O#$;'W'0.;N'X'ƒ'W'!'X+''
"' e$;9$.2;$'M2'U#")#$;+'
"' e$;9$.2;$'M$'5&'pK;M+'
'''E)2F0/A"2")
) TVJ<LV)
C' 0#.$;' N$&' 128.;$' &K;.$&' MS8N#L%$9$%.' 7$&'128.;$'&K;.$&'MS8N#L%$9$%.'M8%&'pK;M'R'
M8%&'pK;M+' C'E82")$,'C;K#.$,'0$%.;<'$.'•2&.#U#<+'
C' ' '
C' b2$NN$'$&.'N8'UK%".#K%'M$'N8'"K998%M$' C'78' "K998%M$' /%.$;N#L%$' 9KM#U#$'
/%.$;N#L%$'c' NS$&=8"$9$%.'$%.;$'N$&'N#L%$&'MS2%'.$Z.$+'
' '
C' 6%' 12K#' "K%&#&.$' N$' UK;98.8L$' MS2%' C'7$' UK;98.8L$' "K%&#&.$' $%' N8' 9#&$' $%' UK;9$'
.$Z.$'M8%&'pK;M'c' MS2%'.$Z.$PMK"29$%.Q+''
' '
C' CK%%$;' N$&' F' %#O$82Z' M$' UK;98.8L$' 7$&'F'%#O$82Z'M$'UK;98.8L$'MS2%'MK"29$%.'$.'
MS2%' MK"29$%.' $.' N$&' K=.#K%&' M$' 9#&$' N$2;&'K=.#K%&'R'
$%'UK;9$'&S*';8==K;.8%.'c' C'?#O$82'"8;8".:;$'R'(KN#"$,'.8#NN$,'&.*N$'PE,'/,'!,'
' T8;;<,' #%M#"$,' $Z=K&8%.,' $."+Q,' "K2N$2;' M$'
' =KN#"$'$.'M$'&2;T;#NN8%"$,'#%.$;]N$..;8L$'$."+'
' '
' C'?#O$82' =8;8L;8=)$'R' (2"$&' $.'
' %29<;K.8.#K%&,' 8N#L%$9$%.,' ;$.;8#.' >:;$' N#L%$,'
#%.$;N#L%$,'TK;M2;$&,'.;89$'M$'UK%M,'$."+'
'
?#O$82' MK"29$%.']' 5#&$' $%' =8L$]'R' 98;L$&,'
K;#$%.8.#K%,' .8#NN$' M2' =8=#$;,' U#N#L;8%$&,'
"K2N$2;' M$' =8L$,' TK;M2;$' M$' =8L$,' .):9$'
$."+''
'
'
158
24.(
'\E "\.&$./',0
NJJN8SMNRJ)
8Q b2$NN$' $&.' N8' M#UU<;$%"$' $%.;$' N8 8Q 78'"K998%M$'W'$&=8"$9$%.'X'=$;9$.'M$
"K998%M$' W'6&=8"$9$%.'X' $.' N8 M<U#%#;'NS$&=8"$'$%.;$'M$2Z'=8;8L;8=)$&
"K998%M$'W'/%.$;N#L%$'X'c 8NK;&'12$'N8'"K998%M$'W'/%.$;N#L%$'X
9KM#U#$'NS$&=8"$9$%.'$%.;$'N$&'N#L%$&'MS2%
.$Z.$+
TQ b2$N' $&.' N$' =;<8N8TN$' =K2;' 8[K2.$;

82.K98.#12$9$%.' 2%$' .8TN$' M$& TQ (K2;'8[K2.$;'2%$'.8TN$'M$&'98.#:;$&,'#N'U82.
98.#:;$&'c MS8TK;M'M<U#%#;'N$&'&.*N$&'M$&'.#.;$&+
2MS<7SMI8)JMLMR7MTN)) /T7MSNLN8S)KN)R7)JMS<7SMI8)Q7T)RNJ)VR[ZNJ)
5$..;$'$%'UK;9$'N$';8==K;.'M$'U#%'MS8%%<$' 7$&'<N:O$&';<8N#&$%.'N8'9#&$'$%'UK;9$'M2'
&"KN8#;$+'' ;8==K;.'M$'U#%'MS8%%<$'&"KN8#;$'
-!'/"!"2)*j"\.&$./',0)
P K
8Q a<=K%&$&'"K;;$".$&'R' 8Q ($;.#%$%"$'R'
P K
N N
TQ a<=K%&$&'"K;;$".$&'R' TQ !.;2".2;$'R'
N N
N
"Q a<&2N.8.'R'
N
159
160
© DIPROMADEPSP 2018

Guide Pttic Complet 7eme A5

Transféré par

Informations du document

Titre original

Copyright

Formats disponibles

Partager ce document

Partager ou intégrer le document

Options de partage

Avez-vous trouvé ce document utile ?

Ce contenu est-il inapproprié ?

Droits d'auteur :

Formats disponibles

Guide Pttic Complet 7eme A5

Transféré par

Droits d'auteur :

Formats disponibles

GUIDE PTTIC COMPLET 7eme_A5.

qxp_Mise en page 1 21/06/18 15:34 Page1

Classe de Base année

©DIPROMAD/MEPSP, Kinshasa, 2018

Conception et réalisation : Équipe Technique du Projet d’Éducation pour la Qualité et la

8I) :<J:7D<?/) =;89?8</)

8I) :<J:7D<?/) =;89?8</)

8I) :<J:7D<?/) =;89?8</)

Y! =%6'.(.&/(!()%!+#(!'&/2#/)(! !!"#! $%&2&'&+#! #(2! +06/&/'6! *#(! '&/*.2.&/(D!

8I) :<J:7D<?/) =;89?8</)

8I) :<J:7D<?/) =;89?8</)

8I) :<J:7D<?/) =;89?8</)

©DIPROMAD/MEPSP, Kinshasa, Juillet 2018.

(;$%M;$'N$&';<"#=#$%.&''$.'M$98%M$;'82Z' 6Z=N#"8.#K%&' M$' N8' &#.28.#K%' =8;' 12$N12$&' <N:O$&' $.'

7$2;'M$98%M$;'MS$Z<"2.$;'12$N12$&' •' 6%29<;8.#K%'M$&'=;K=;#<.<&'=)*&#12$&'M$'

"' 0#.$_'N$&'M$2Z'.*=$&'M$'"K9T2&.#K%&' "' D%'M#&.#%L2$'M$2Z'.*=$&'M$'"K9T2&.#K%&'R'

GLN5!?856/./>!70!;5/.=10!?80!A:6/.06/! GL' N5!?856/./>!70!;5/.=10!E6L!70!25!G5110!03/!3:6!6:;G10!

a<=8;.#;'N$&'<N:O$&'$%'&K2&]L;K2=$&+' P#Q !2;U8"$

/M$%.#U#"8.#K%' M$' .K2.$&' N$&' O8;#8TN$&' 8*8%.' 2%' #9=8".' ;<$N'

08N"2N' $.' "K9=8;8#&K%' M$&' &2;U8"$&' M$' T8&$' $%' "K%.8".'

D, *@87190a*4&f !V0/AM0=&U& /.I80&91883&

1" 2,+'3*+',-#45%),63/&+/7 TH #NLMJ?OBD@=ND&AB&CF&@=<KF<=ND

!" 4-,(5+,,(-.#67&*-850',09 =E -ILQTV_N8JMI8)KN)R7)JMS<7SMI8

$" %&''()(*+,((-.#/01#*-..+((11+.*01 $" :&2-.101#+

!" 4-,(5+,,(-.#67&*-850',09 =E -ILQTV_N8JMI8)KN)R7)JMS<7SMI8

!" 4-,(5+,(-.#67&*-850',09 =E -ILQTV_N8JMI8)KN)R7)JMS<7SMI8

!" 4-,(5+,(-.#67&*-850',09 =E -ILQTV_N8JMI8)KN)R7)JMS<7SMI8

0K99$%.';<8N#&$;'2%'"#;"2#.'<N$".;#12$'$'&#9=N$' PS:PKSM#IOIPM M:SBKI#

'a<=K%&$'"K;;$".$'R''' 8QQ ($;.#%$%"$'R

!" 4-,(5+,(-.#67&*-850',09 =E -ILQTV_N8JMI8)KN)R7)JMS<7SMI8

a<=8;.#;'N$&'<N:O$&'$%'&K2&]L;K2=$&'$.'N$2;' C 5K%.8L$' M2' "#;"2#.' "K9=;$%8%.' N$&' M#UU<;$%.&

?^' B((Ba6/7' @?'6ee6-' ?^' B((Ba6/7' @?'6ee6-'

6^ 2MS<7SMI8)JMLMR7MTN 6^ /T7MSNLN8S)KNK )R7)JMS<7SMI8)JMLMR7MTN

?E \VTMWMP7SMI8) KNJ) PI887MJJ78PNJ ?E !VQI8JNJ)KNJ)VR[ZNJ

CK%%$;' N$&' <.8=$&' M$' N8' U8T;#"8.#K%' M$&' 7$&'<.8=$&'M$'N8'U8T;#"8.#K%'M$&'T;#12$&'"2#.$&'&K%.'R'

?E \VTMWMP7SMI8) KNJ) PI887MJJ78PNJ ?E !VQI8JNJ)KNJ)VR[ZNJ

6^ +ISMZ7SMI8)O)]*VPI<ZNTSN^ !" P-J2'&G0.1(-.#/0#?+#1(,8+,(-.

=E +ISMZ7SMI8)O)]*VPI<ZNTSN^ !" P-J2'&G0.1(-.#/0#?+#1(,8+,(-.

-' ?29<;K.8.#K%' M$' ")812$' =#:"$' $.' #%M#"8.#K%'

8Q 0K99$%.'U8#.]K%'NS8&&$9TN8L$'M$&'=K;.$& 8Q 7S8&&$9TN8L$' M$&' =K;.$&' $.' U$%g.;$&

TQ CK%%$;' N$&' =;K=K;.#K%&' ;$12#&$&' M2 TQ 7$&' =;K=K;.#K%&' M2' 9<N8%L$'R' >&8"' M$

- C$98%M$;' 82Z' <N:O$&' M$' N#;$ ] 7$".2;$'&#N$%"#$2&$'=8;'.K2&'N$&'<N:O$&'=2#&'V

- C$98%M$;' 82Z' <N:O$&' MS$Z=N#12$;' N8 ] 6Z=N#"8.#K%'M$'N8'&#.28.#K%'=8;'N$&'<N:O$&'$%

- C$98%M$;' 82Z' <N:O$&' M$' N#;$ ] 7$".2;$'&#N$%"#$2&$'=8;'.K2&'N$&'<N:O$&'=2#&'V

CK%%$;'N$&'<.8=$&'M$'N8'"K%L<N8.#K%'$.'M$'N8' " 7$&'<.8=$&'&K%.'=K2;'N8'"K%L<N8.#K%'R

' "' a$9=N#&&8L$'M$&'12$&.#K%%8#;$&'MS$%12g.$&'

C b2$NN$&'&K%.'N$&'=8;.#$&'MS2%'"N8O#$;'c C 7$&' =8;.#$&' MS2%' "N8O#$;' &K%.'N$&' TNK"&' K2

C'CK%%$;' N8' M#UU<;$%"$' $%.;$' N$' TK2.K%' C'7$'TK2.K%'L82")$'$&.'N$'TK2.K%'=;#%"#=8N'$.'

"Q'a<=K%&$&'"K;;$".$&'R' ' "Q' a<&2N.8.'R' )

a$=8;.#;' N$&' <N:O$&' $%' &K2&]L;K2=$&' $.' " 0K%%$Z#K%'V'Ns/%.$;%$.+

MS#%.$;;KL8.#K%&'$.'N$&'T2NN$.#%&'$.'M$'N$&' "' /M$%.#U#"8.#K%' M$' NS#"{%$' M2' &"8%%$;' &2;' N$'

&2""$&&#O$&'=K2;'";<$;'2%'U#")#$;'pK;M+' W'?K9‚(;<%K9' M$' NS<N:O$'X' ' =K2;' N$' "K2;&'

C' CK%%$;' N8' M#UU<;$%"$' $%.;$' N8' '

TQ 6&.]#N'=K&&#TN$'M$'9KM#U#$;'2%'U#")#$; TQ ?K%,' #N' U82.' O$#NN$;' V' U#%8N#&$;' $.' "K%.;{N$;

C 0K99$%.' 8==$NN$].]K%' N$&' .K2")$& C 0$'&K%.'N$&'.K2")$&'M$'M#;$".#K%'$.'M$

C b2$'U82.]#N'=K2;'UK;98.$;'2%'.$Z.$'K2'2% C (K2;' UK;98.$;' 2%' 9K.,' #N' U82.' MS8TK;M' N$

TQb2$NN$' $&.' N8' .K2")$' M2' "N8O#$;' 12# TQ0S$&.'N8'.K2")$'eH+

C 0#.$;' M$2Z' "K998%M$&' 12# C 7$&'"K998%M$&'W'U$;9$;'X'$.'W'L;8&'X

TQ b2$N' $&.' N$' =;<8N8TN$' =K2;' 8[K2.$;

Vous aimerez peut-être aussi

Y! =%6'.(.&/(!()%!+#(!'&/2#/)(! !!"#! $%&2&'&+#! #(2! +06/&/'6! #(! '&/.2.&/(D!

"' 0#.$_'N$&'M$2Z'.=$&'M$'"K9T2&.#K%&' "' D%'M#&.#%L2$'M$2Z'.=$&'M$'"K9T2&.#K%&'R'

D, @87190a4&f !V0/AM0=&U& /.I80&91883&

$" %&''()(+,((-.#/01#-..+((11+.*01 $" :&2-.101#+