Liste Von Dateiendungen - A-Z Und 0-9 Wikipedia

/LVWHYRQ'DWHLHQGXQJHQ±±:LNLSHGLD KWWSVVHFXUHZLNLPHGLDRUJZLNLSHGLDGHZLNL/LVWHBYRQB'DWHLHQGXQ
/LVWHYRQ'DWHLHQGXQJHQ±$%&'()*+,-./0123456789:;<=
'DWHLHQGXQJ 0,0(7\S 9ROOVWlQGLJHU1DPH %HPHUNXQJHQ9HUZHQGXQJ

'XUFKQXPPHULHUWH%LOGHUHLQHU
±
JHVFDQQWHQ)LOPUROOH
9HUZHQGXQJEHL26]XU0DUNLHUXQJ
±
DUFKLYLHUWHU'DWHLHQ
'RNXPHQWDWLRQHQIU3URJUDPPHZLH
### ±
0LFURVRIW&RGHYLHZ
a ± %DFNXS'DWHL8QL[/LQX[
aa 7HPSRUlUH'DWHL 675HDGHU
$SS([SHUWSURMHFW
aDS %RUODQG&
GDWDEDVH'DWHL
aGH 3URMHFWEDFNXS'DWHL %RUODQG&
aPQ 0HQXEDFNXS 1RUWRQ&RPPDQGHU
aSU 3URMHFWEDFNXS'DWHL 7HUUDPRGHO
'DWD'DWHL *(2:RUNV
0LFURVRIW'RXEOH6SDFHXQG0LFURVRIW
.RPSULPLHUWH'DWHL
'ULYH6SDFH
'26(QGXQJHLQHUEHOLHELJHQ
*HRV'DWHL'DWHLQDPH,FRQ
7\SZHUGHQLQGHU'DWHL
3&*(26
JHVSHLFKHUWXQGLQ*HRV
DQVWHOOHGHV'261DPHQV
DQJH]HLJW
=XP'XUFKQXPPHULHUHQYRQ
6LFKHUXQJVNRSLHQYRQ'DWHLHQDXFK

± YHUZHQGHWXPYHUVFKLHGHQHYHUZDQGWH

'DWHQEHVWLPPWHQ%HQXW]HUQ
]X]XRUGQHQ
1HW:DUH8QLFRGH5XOH7DEOH
1RYHOO1HW:DUH
)LOH
'DWHQILOHPLW%HVFKUHLEXQJVWH[WHQXQG
'DWDQRUP'DWHQ 3UHLVHQYRQ*URKlQGOHUQXQG
/LHIHUDQWHQ
(OVWHU)RUPXODU'DWHLHQ
'DWD)LOH (/67(52QOLQH6WHXHUHUNOlUXQJGHU
)LQDQ]lPWHU
)LQDQ]lPWHU
)LQDQ]lPWHU
YRQ
)LQDQ]lPWHU
'DWHQEDQNLQGH[ 6XSHUEDVH
VWHS %DFNXS'DWHL ,RPHJD%DFNXS
%DFNXS'DWHL'DWHQ ,RPHJD%DFNXS
/RWXV'DWHL 7DEHOOH
P 6PDUWPDVWHU'DWHL /RWXV

VW 'RFXPHQWLQJZL]DUGOLVW 0LFURVRIW9LVXDO)R[3UR
9LGHR(OHPHPHQWDU\6WUHDPPLW+
±
NRPSULPLHUW
9LGHR(OHPHPHQWDU\6WUHDPPLW+
±
NRPSULPLHUW
9HUVD&$'>@
G '=HLFKQXQJ
GP '*HOlQGHPRGHOO 606

9*$*UDSKLFV
JUJU 0LFURVRIW:LQGRZV
GULYHUFRQILJXUDWLRQ
[ ± 520'DWHLHLQHV6HJD;0RGXOV
/LQHDU([HFXWDEOH/(9;''26
± ([WHQGHU'DWHLIUGLH9HUZHQGXQJPLW
&38V
9HUVD&$'>@
G GLPHQV=HLFKQXQJ
GPI [ZRUOG[GPI '0HWDILOH 4XLFN'UDZ'

0F1HHO5KLQRFHURV'>@
GP [ZRUOG[GPI '0RGHO
'0DUN>@
GU '0DUN5HVXOW
GV '6WXGLR &LQHPD'GV0D[$XWR&$'

JS 7KLUG*HQHUDWLRQ3DUWQHUVKLS 9LGHRIRUPDWIU0RELOWHOHIRQH
'DWHQ'DWHL 9HUZHQGHWLQ'LJLWDONDPHUDV
GE 6WUXFWXUH)LOH 'WK'LPHQVLRQ
GG ''DWD)LOH 'WK'LPHQVLRQ
GU 'DWD5HVRXUFH)LOH 'WK'LPHQVLRQ
JH &RPSLOHG&RGH ,QIRUPL[*/
,QIRUPL[*/2EMHNWGDWHLHQGLHYRP
JL &RPSLOHG&RGH /LQNHU]XJH]XVDPPHQJHEXQGHQ
ZHUGHQ
JO 6RXUFH&RGH ,QIRUPL[*/
,QIRUPL[*/6LFKHUKHLWVNRSLHGHUJO
EO 6RXUFH&RGH
EHLP.RPSLOLHUHQ
TU 4XLFN5HSRUW 'WK'LPHQVLRQ
YRQ
Y 0XVLNGDWHL 4XDUWHW

'DWHQEDQNGDWHLGHU
OP 'DWHQEDQNGDWHL
'RNXPHQWHQYHUZDOWXQJ)$867
7UDFNHUPRGXO0XVLNIRUPDWGHV
&RPSRVHU
&RPSRVHU81,6
DX *1/RJJHU 7UDFH*1/RJJHU
] =LS .RPSULPLHUWHV'DWHLDUFKLY=LS
$VVHPEOHULGHQWLVFKPLW0LFURVRIW
6RXUFH'DWHL
$VVHPEOHU
3OXJLQ)LOWHUIUYLHOH
EI 3OXJLQ *UDILNSURJUDPPHYRQ$GREH
3KRWRVKRSHLQJHIKUW
EL 3OXJLQ VLHKHEI
GV 3OXJLQ 3OXJLQ0HQ"QXUIU3KRWRVKRS"
3URJUDPPGDWHLIU7DVFKHQUHFKQHUYRQ
[S 7L[3URJUDPP
7LGHU6HULH[
YRQ
/LVWHYRQ'DWHLHQGXQJHQ$±:LNLSHGLD KWWSVVHFXUHZLNLPHGLDRUJZLNLSHGLDGHZLNL/LVWHBYRQB'DWHLHQGXQ

DSSOLFDWLRQRFWHW 3URJUDPPELEOLRWKHN8QL[VHOWHQ
D $UFKLY
VWUHDP 'DWHLDUFKLY
$5-0XOWL9ROXPH
DD 7HLOHLQHVNRPSULPLHUWHQ'DWHLDUFKLYV
$UFKLY
%HVFKUHLEXQJVGDWHLIU
DO .UDIWIDKU]HXJ ±VWDQGDUGLVLHUWYRP$6$0H9
6WHXHUJHUlWH
$&$7(&'9LHZLQJ
DG ±
0RGHOO
DO $XWKRUZDUH[OLEUDU\ ±
$XWKRUZDUH
DP XQSDFNDJHG
0DF,QWRVK'DWHL
$XWKRUZDUH
DZ XQSDFNDJHG
:LQGRZV'DWHL
$XWKRUZDUH
DP XQSDFNDJHG
0DF,QWRVK'DWHL
DS $XWKRUZDUH'DWHL SDFNDJHGRKQH5XQWLPH
$XWKRUZDUH
DZ XQSDFNDJHG
:LQGRZV'DWHL
$XWKRUZDUH
DZ XQSDFNDJHG
:LQGRZV'DWHL
DD $XGLEOHDXGLR PHLVWIUGRZQORDGEDUH+|UEFKHU
$GYDQFHG$XGLR
DDF DXGLRDDFDXGLRDDFS 03(*$XGLR'DWHL
&RGLQJ
DSSOLFDWLRQ[ $XWKRUZDUH
DDP ±
DXWKRUZDUHPDS VKRFNHG'DWHL
DSSOLFDWLRQ[ $XWKRUZDUHVKRFNHG
DDV ±
DXWKRUZDUHVHJ SDFNHW
DE $SSOL[%XLOGHU'DWHL ±
$GREH%LQDU\6FUHHQ
DEI ±
)RQW
DEF WH[WYQGDEF $%&0XVLNQRWDWLRQ ±
DEN %DFNXS'DWHL 3ULQW0DVWHU*ROG
&RUHO'UDZ
DEN ±
$XWR%DFNXS
DEP $XGLRDOEXP'DWHL +LW3OD\HU
DER $SSOL[%XLOGHU7XUER ±
YRQ
±.DQQQXUPLW$QL0DNHJH|IIQHW
DES $QL0DNH3URMHNWGDWHL
ZHUGHQ
DEU $GREHEUXVKHV $GREH3KRWR6KRS
=XVDPPHQIDVVXQJHLQHV
DEV DEVWUDFW
ZLVVHQVFKDIWOLFKHQ'RNXPHQWV
6WDQGDUG*18&RPSLOHU$XVJDEHIU
DEV ±
GLH3&3ODWWIRUP
%'('DWHQEDQNV\VWHPGHU)D
DEV $EVROXWH'DWDEDVH
&RPSRQHQW$FH
DEZ $ELZRUG'RNXPHQW 7H[WYHUDUEHLWXQJ$ELZRUG
DF ± 'ROE\'LJLWDO$XGLR'DWHL
DFD +773DQLPDWLRQ 0LFURVRIW$JHQW
DFD 3URMHFW0DQDJHU:RUNEHQFK
DFE $&%0*UDSKLFLPDJH %LOGGDWHL
DFE ± $2/&DE/DXQFKHU
'5'26
DFF ±
9LHZPD['DWHL
DFF $FFHVVRU\ $WDUL67=XVDW]SURJUDPP
DFG &KDUDFWHUGHILQLWLRQ 0LFURVRIW$JHQW
$FLGYRQ6RQ\&UHDWLYH6RIWZDUH
DFG $FLG6RQJ)LOH
0XVLN.RPSRVLWLRQV3URJUDPP
3URMHFWILOHFUHDWHGE\5RFNZHOO3/&
DFG 3/&3URMHFW)LOH
VRIWZDUH
DSSOLFDWLRQ[
DFH DFH$UFKLY .RPSULPLHUWHV'DWHLDUFKLY
DFHFRPSUHVVHG
DFI +773FKDUDFWHUILOH 0LFURVRIW$JHQW
$&,GHYHORSPHQW
DFL $&,:(%
DSSUDLVDO
DFO $XWR&RUUHFW/LVW $XWR.RUUHNWXUOLVWHYRQ06:RUG
NH\ERDUGDFFHOHUDWRU
DFO &RUHO'UDZ
ILOH
DFP '\QDPLF/LQN/LEUDU\ '//
,QWHUSOD\FRPSUHVVHG
DFP )DOORXW%DOGXU
V*DWH
VRXQG
DFP ± 'DWHLLP:LQGRZV6\VWHPYHU]HLFKQLV
DFR $U&RQ2EMHNW $U&RQ(OHFR2EMHNW'DWHL
DFS $U&RQ3URMHNW $U&RQ(OHFR3URMHNW'DWHL
DFS $VVLVWDQW3UHYLHZ 0LFURVRIW2IILFH
$PHULFDQ&ROOHJHRI
DFU ±
5DGLRORJ\
&KDUDFWHUVWUXFWHUHG
DFV 0LFURVRIW$JHQW
VWRUDJH
DFW $FWLRQ3UHVHQWDWLRQ ±
DFW )R[GRF$FWLRQ'LDJUDP 0LFURVRIW9LVXDO)R[3UR
YRQ
DFW )R[GRF$FWLRQ'LDJUDP 0LFURVRIW9LVXDO)R[3UR

DFW $VVLVWDQW$FWRU 0LFURVRIW2IILFH
YHUZHQGHW]XPGHNRPSULPLHUHQYRQ
DFY ±
$XGLRGDWHQ
DG $IWHU'DUN %LOGVFKLUPVFKRQHU
DGD $GDVRXUFHWH[W QRQ*1$7
DGE $GDVRXUFHWH[WERG\ *1$7
DGE $SSRLQWPHQWGDWDEDVH +3/;2UJDQL]HU
DGF &RORU%LWPDS*UDSKLF 6FDQVWXGLR
DGG 26DGDSWHUGULYHU 9HUZHQGHWZlKUHQGGHV%RRWYRUJDQJHV
DGI $PLJDGLVNILOH ±
$GDSWHU'HVFULSWLRQ
DGI 'HILQLWLRQVGDWHLYRQ,%0
)LOH
$XWR&$'GHYLFH
DGL ELQlUHV3ORWWHUIRUPDW
LQGHSHQGHQW
DGL 'ULYHU'HVFULSWLRQ 1RYHOO1HW:DUH
4(000FDDGDSWRU
DGO ±
GHVFULSWLRQOLEUDU\
$IWHU'DUN
DGP %LOGVFKLUPVFKRQHU0LFURVRIW
0XOWL0RGXOH
:LQGRZV17SROLF\
DGP ±
WHPSODWH
DGQ /RWXV$GG,Q ±
DGS $VWRXQG'\QDPLWH ±
$FFHVV'DWDEDVH
DGS 0LFURVRIW$FFHVV3URMHNW
3URMHFW
DGS '\QDPLF3DJH $2/VHUYHU
)D[:RUNV)D[PRGHP
DGS ±
6HWXS'DWHL
DGU $IWHU'DUN5DQGRPL]HU %LOGVFKLUPVFKRQHU
6PDUW$GGUHVVDGGUHVV
DGU ±
ERRN
DGU 2SHUD%RRNPDUN /HVH]HLFKHQGHV2SHUD%URZVHUV
$GDDVRXUFHWH[W
DGV *1$7
VSHFLILFDWLRQ
DGV $',6 $',6$QLPDO'DWD,QWHUFKDQJH6\QWD[
DGW $G7HFK)D[ ±
GDWDILOHIRUFDUG
DGW +31HZ:DYH
DSSOLFDWLRQV
$UFKHW\SH'HVLJQHU
DG[ ±
'RFXPHQW
'\QD]LS$FWLYH
DG[ ±
'HOLYHU\VFULSW
/RWXV$SSURDFKG%DVH
YRQ
/RWXV$SSURDFKG%DVH
DG[ ±
,QGH[
DG] 3DFNHG$') =LSNRPSDWLEHO
DH $XWKRU(GLWRU 6RIW4XDG
DHS $UF([SORUHUSURMHFW ±
$GREH$IWHU(IIHFWV
DHS $QLPDWLRQVSURMHNWPLW$IWHU(IIHFWV
SURMHFW
$%&)ORZ&KDUWHU
DI ±
)ORZFKDUW
DI $%&)ORZFKDUW ±
DIF $SSOH6RXQG'DWHL ±
7UXHYLVLRQ%LWPDS
DIL %LOGGDWHL
JUDSKLF
'DWHLHQGLH]XHLQHU3RVW6FULSW
DIP $GREHIRQWPHWULFV
6FKULIWDUWJHK|UHQ
DIP &DUGILOHDSSOLFDWLRQ +31HZ:DYH
DJ $SSOL[JUDSKLF ±
'XPSHLQHV1LQWHQGR*DPH%R\
*DPH%R\$GYDQFH $GYDQFH6SLHOV]XU9HUZHQGXQJLQ
DJE
520LPDJH HLQHP(PXODWRUVHOWHQJHEUlXFKOLFKH
(UZHLWHUXQJHKHUJED
3URMHNW'DWHLGHV3ORW3URJUDPPV
DJU ;PJUDFH3URMHNW
;PJUDFH
6FULSWGDWHLGHU6FULSWVSUDFKH
DKN $XWRKRWNH\
$XWRKRWNH\
DKQ ± :LQ$KQHQ
$GREH,OOXVWUDWRU
DL DSSOLFDWLRQSRVWVFULSW ±
GUDZLQJ
DL &RUHO7UDFHGUDZLQJ ±
DXGLRDLII $XGLR,QWHUFKDQJH)LOH
DLIDLII $XGLRGDWHL
DXGLR[DLII )RUPDW
DXGLRDLII $XGLR,QWHUFKDQJH)LOH NRPSULPLHUWHV$XGLR,QWHUFKDQJH
DLIF
DXGLR[DLII )RUPDWFRPSUHVVHG )RUPDW
$QHLQDQGHUUHLKXQJYRQ%LOGHUQLQ
DLO $QGRUUD',PDJH/LVW EHOLHELJHP)RUPDWGLHGXUFK
0HWDLQIRUPDWLRQHQHUJlQ]WZHUGHQ
$2/,QVWDQW
DLP DSSOLFDWLRQ[DLP ±
0HVVHQJHU6WDUWGDWHL
$,1&RPSUHVVHG
DLQ ±
DUFKLYH
DLR $3/WUDQVIHUILOH ±
$&'6HH,PDJH
DLV ±
6HTXHQFH
9HOYHW6WXGLR
DLV ±
,QVWUXPHQWV
YRQ
$UUD\RI,QWHQVLW\
DLV *UDSKLNGDWHL±;HUR[
6DPSOHV
&DUGILOH$SSOLFDWLRQ
DL[ +31HZ:DYH
GDWD
(QWKlOW$6FKOVVHOZ|UWHUIU
DNZ ±
5RER+(/3+HOS3URMHFW,QGH['HVLJQHU
DN] $N]HQW'DWHL
(XURSHDQ7HOHSKRQ\
DODZ ±
DXGLR
DOE $OEXP -$6&,PDJH&RPPDQGHU
ZLUGYRP6FKQLWWSURJUDPP$9,'70
EHQ|WLJW DOH'DWHLHQVLQGGLH
*UXQGODJH
IUGDV%DWFKFDSWXUH9HUIDKUHQGK
(LQODGHQ'LJLWDOLVLHUHQYRQ0HGLHQGDWHQ
YRQ%lQGHUQXQWHUDQGHUHPPLW+LOIH
DOH $YLG/RJ([FKDQJH
YRQ/LVWHQLQGHQHQGLHJHQDXHQ,QXQG
2XW3XQNWHGHU]XODGHQGHQÄ&OLSV³SHU
7LPHFRGHKKPPVVIUIUDXIJHOLVWHWVLQG
(QWKDOWHQXQWHUDQGHUHP,QXQG
2XW3XQNWH1DPHGHV&OLSV
%H]HLFKQXQJ.RPPHQWDU%DQGQDPH
DOL 'RNXPHQW 6$3SURSULHWDU\IRUPDW

DOLDVDOV $OLDV,PDJH
DOO $UWV /HWWHUV/LEUDU\ ±
*HQHUDOSULQWHU
DOO :RUG3HUIHFWIU:LQGRZV
LQIRUPDWLRQ
DOO 6WHLQEHUJ&XEDVH &XEDVH6RQJ'DWHL
'DUVWHOOXQJYRQ0RGHOOHQLP3&6SLHO
DOR $ODPR'DWHL
Ä(PSLUHDW:DU³
:RUG3HUIHFW/LEUDU\
DOW ±
0HQX
DOW DOWH9HUVLRQ 6LFKHUKHLWVNRSLHHLQHU'DWHL
0,6$/($$QVLFKWVGHILQLWLRQ
DOY 0,6$OHD9LHZ LQ]ZLVFKHQ%HVWDQGWHLOYRQ302IILFH
3OXV+HUVWHOOHU,QIRU
.RPSULPLHUWH'DWHLHQPLWGLHVHU
DO] $/=LS (QGXQJN|QQHQPLWGHP3URJUDPP

$/=LS
YHUDUEHLWHWZHUGHQ
DP $SSOL[6+(/)0DFUR ±
DP $SS0DJLF
DP $GYHQWXUH0DNHU
DPF $QW0RYLH&DWDORJ
DPGE $SS0DJLF'DWHQEDQN
$V\OXPPRGXOHPXVLF 7UDFNHUPRGXO0XVLNIRUPDWGHV'LJLWDO
YRQ
$V\OXPPRGXOHPXVLF 7UDFNHUPRGXO0XVLNIRUPDWGHV'LJLWDO

DPI
IRUPDWILOH 6RXQGDQG0XVLF,QWHUIDFH
$GYDQFHG0RGXOH
DPI 0XVLNGDWHL
)RUPDW
DPJ $&7256\VWHPLPDJH ±
$0*&&RPSUHVVHG
DPJ ±
DUFKLYH
DPL $QQRWDWLRQILOH &R&UHDWH2QH6SDFH'HVLJQHU
$SS0DJLF
DPSS
3URJUDPP3DNHW
DPU $GDSWLYH0XOWL5DWH $XGLRGDWHQ
([WUHPH
V7UDFNHU
DPV ±
PRGXOH
9HOYHW6WXGLRPXVLF
DPV ±
PRGXOH
6WHUOLQJ6RIWZDUH*URXQGZRUNV&22/
DQ 7H[WGDWHL
%XVLQHVV7HDP0RGHO
PHQVFKHQOHVEDUHV'DWHLIRUPDWGHV
DQ $QLPRU
'$QLPDWLRQVSURJUDPPV$QLPRU
&DQRQ&RPSXWHU
DQF /LVWHYRQ)DUEPXVWHUQ
3DWWHUQ0DNHU
DSSOLFDWLRQ[
DQL $QLPLHUWHU&XUVRU 0DXV]HLJHU*UDILN
QDYLDQLPDWLRQ
DQLP $QLPDWLRQ $QLPDWLRQ$PLJD
DQP 'HOX[3DLQW$QLPDWLRQ ±
$XVWDXVFKIRUPDWIU9HUNHKUVQHW]GDWHQ
$EVWUDFW1HWZRUN
DQP ]ZLVFKHQGHQ9HUNHKUVVLPXODWRUHQ
0RGHO
9,66,0XQG9,680
:LQGRZV[+HOS
DQQ ±
DQQRWDWLRQ
DQV $16, 7H[WGDWHL
DQW 6LP$QWVDYHGJDPH ±
DRE $XGLR2EMHFWV $XI'9'$XGLR'LVFV
$UWRI,OOXVLRQ
DRL ±
'6]HQH
DRO $PHULFD2QOLQH'DWHL ±
DSSOLFDWLRQ[QRNLD
DRV FRPPXQLFDWRU $GGRQVRIWZDUH 1RNLD
DGGRQVRIWZDUH
%LQGHU\9HUVLRQGHUD[W'DWHLHU]HXJW
$SSOLFDWLRQELQGHU\ YRQ1RYHOO6Q$SS6KRW'LHVH'DWHLZLUG
DRW
REMHFWWHPSODWH YRQ1RYHOO=(1ZRUNVIUGLH
6RIWZDUHYHUWHLOXQJJHOHVHQ
DS $SSOL[3UHVHQWV ±
:+$3&RPSUHVVHG
DS .RPSULPLHUWHV'DWHLDUFKLY
$PLJDDUFKLYH
YRQ
DS .RPSULPLHUWHV'DWHLDUFKLY
$PLJDDUFKLYH
DSF &RPSLOHGDSSOLFDWLRQ &HQWXUD7HDP'HYHORSHU
DSF 'UXFNHUWUHLEHU /RWXV
'\QDPLFDSSOLFDWLRQ
DSG &HQWXUD7HDP'HYHORSHU
OLEUDU\
DSG 'UXFNHUWUHLEHU /RWXV
0RQNH\
V$XGLR'DWHLHQYHUOXVWIUHL
DSH $SHHQJOIU$IIH
NRPSULPLHUHQGHV$XGLRIRUPDW
DSI 'UXFNHUWUHLEHU /RWXV
DSI $OODLUH3URMHFW)LOH HUVWHOOWYRQ+RPHVLWH
$SSOLFDWLRQ3URJUDP
DSL YHUZHQGHWYRQ$GREH$FUREDW
,QWHUIDFH
DSL 'UXFNHUWUHLEHU /RWXV
,QVWDOODWLRQVGDWHLIU$QGURLG
DSN $QGURLG3DFNDJH
$QZHQGXQJHQ
DSO $3/:RUNVSDFHILOH :RUNVSDFHLQ$3/
3URMHNWGDWHLYRQ$UF3DGHLQHUPRELOHQ
DSO $UF3DG/D\HU'DWHL $QZHQGXQJDXVGHU3URGXNWJUXSSH
$UF*,6
DSO $SSOLFDWLRQOLEUDU\ &HQWXUD7HDP'HYHORSHU
$SSOLFDWLRQ*HQHUDWRU
DSS G%DVH
2EMHFW
$XVIKUEDUH'DWHLHQIU'5'26$WDUL
DSS ([HFXWDEOH$SSOLFDWLRQ
67RGHU0DF26;
DSS *HQHUDWHG$SSOLFDWLRQ 0LFURVRIW9LVXDO)R[3UR
1RUPDOPRGH
DSS &HQWXUD7HDP'HYHORSHU
DSSOLFDWLRQ
6\PSKRQ\$GGLQ
DSS ±
$SSOLFDWLRQ
DSU $UF9LHZ3URMHNWGDWHL $UF9LHZ*,6[
(PSOR\HH$SSUDLVHU
DSU ±
3HUIRUPDQFH5HYLHZ
$QVLFKWVGDWHLGHV
DSU /RWXV$SSURDFK9LHZ 'DWHQEDQNYHUZDOWXQJVSURJUDPPV
$SSURDFKYRQ,%0/RWXV
$GYDQFHGSDWFKLQJ
DSV DSSOLFDWLRQPLPH lKQOLFKZLH,36PLW)HKOHUNRQWUROOH
V\VWHPV
0LFURVRIW9LVXDO&ILOH5HVRXUFH
DSV ±
(GLWRU
/RWXV$SSURDFK'DWD
DSW ±
YLHZ
DSW 7H[WPRGHDSSOLFDWLRQ &HQWXUD7HDP'HYHORSHU
DS[ $SSH[SHUWGDWDEDVH %RUODQG&
/RWXV$SSURDFK
DS[ 3DUDGR[6SHFLILF ±
YRQ
DS[ 3DUDGR[6SHFLILF ±
LQIRUPDWLRQ
DT $SSOL[GDWD ±
DSSOLFDWLRQRFWHW
DUFDUN 648$6+$OH[D$UFKLY .RPSULPLHUWHV'DWHLDUFKLY
VWUHDP
DUI $XWRPDWLF5HVSRQVH %0&5HPHG\$FWLRQ5HTXHVW6\VWHP
$5,&RPSUHVVHG
DUL .RPSULPLHUWHV'DWHLDUFKLY
DUFKLYH
DUL $ULVWRWOHDXGLR ±
DSSOLFDWLRQDUM
DUM DSSOLFDWLRQRFWHW $UFKLYH5REHUW-XQJ .RPSULPLHUWHV'DWHLDUFKLY
VWUHDP
DUO $2/YRUJDQL]HU ±
DUU 6WHLQEHUJ&XEDVH &XEDVH$UUDQJHPHQW'DWHL
%LOGGDWHLNRPSULPLHUWPLWGHP-RKQVRQ
DUW LPDJH[MJ $2/,PDJH
*UDFH.RPSUHVVLRQVDOJRULWKPXV
DUW LPDJH[MJ &DQRQ&UD\RODDUW %LOGGDWHL
DUW &OLS$UW ±
)LUVW3XEOLVKHU5DVWHU
DUW %LOGGDWHL
JUDSKLF
DUW 5D\7UDFHU'DWHL ±
DUW ;DUD6WXGLRGUDZLQJ ±
DUW[ $UWLVWHHU ±
DUW[ EHOLJKWVRIW7H[W$UW ±
$5;&RPSUHVVHG
DU[ .RPSULPLHUWHV'DWHLDUFKLY
$UFKLYH
DUY $XWRPDWLF5HVSRQVH %0&5HPHG\$FWLRQ5HTXHVW6\VWHP
DV $SSOL[6SUHDGVKHHW 7DEHOOHQNDONXODWLRQ
DV $FWLRQ6FULSW $FWLRQVFULSW'DWHL)ODVK6FULSWVSUDFKH
DVD 0LFURVRIW9LVXDO,QWHU'HY
WH[WSODLQ 7H[WGDWHL$6&,,FRGLHUW
DVF DSSOLFDWLRQSJS $6&,,'DWHL P|JOLFKHUZHLVH3*3YHUVFKOVVHOWRGHU
VLJQDWXUH HQWKlOW3*36FKOVVHO
DVF[ $631(7&RQWURO ±
DVG $VWRXQG3UHVHQWDWLRQ ±
DVG %LOGVFKLUPWUHLEHU /RWXV
$GYDQFHG6WUHDPLQJ
DVGDVI YLGHR[PVDVI $XGLR9LGHRGDWHL
)RUPDW
DVG $XWR6DYH'DWHL :LQ:RUG
DVH 9HOYHW6WXGLR6DPSOH ±
DVI %LOGVFKLUPVFKULIWDUW /RWXV
DVI 6WUDW*UDSKLFV'DWDILOH ±
$VVHPEO\ODQJXDJH
DVK 7$60
KHDGHU
YRQ
DVK 7$60
KHDGHU
DVL $VVHPEOHU,QFOXGHILOH %RUODQG&7XUER&
DVO 6W\OH'DWHL $GREH3KRWRVKRS
DVP WH[W[DVP $VVHPEOHU4XHOOFRGH ±
DVP 3UR(DVVHPEO\ ±
DVP 6ROLG(GJH$VVHPEO\ ±
DVPGRW $VVHPEO\7HPSODWH %DXJUXSSHQYRUODJH6ROLG:RUNV&$'
$VWRXQG'\QDPLWH
DVR ±
2EMHFW
DVS $FWLYH6HUYHU3DJHV 6HUYHU6NULSW'DWHL
DVS $VWRXQG3UHVHQWDWLRQ ±
6HWXSXQG
DVS WH[WDVS 3URFRPP3OXV
9HUELQGXQJVVFULSW
DVS[ $631(76HLWH ±
$GYDQFHG6XE6WDWLRQ $GYDQFHG6XE6WDWLRQ$OSKD
DVV
$OSKD 8QWHUWLWHOGDWHL
DVW $VWRXQGPXOWLPHGLDILOH ±
DVW DVVLVWDQW &ODULV:RUNV
'DWD&$'
DVY ±
$XWRVDYH'DWHL
DVY 0DWODE$XWRVDYH'DWHL ±
&$%ULJKW6WRU
DV[ $5&VHUYH%DFNXS ±
VFULSW
DSSOLFDWLRQ[
PSOD\HUYLGHR[ 0LFURVRIW$GYDQFHG
DV[ ±
PVDVIYLGHR[ 6WUHDPLQJ5HGLUHFWRU
PVDVISOXJLQ
DW $XWR7HPSODWH $OGXV3HUVXDVLRQ
([SRUWIRUPDWIU$3/
DWI $3/7UDQVIHUILOH
3URJUDPPLHUVSUDFKH
$GREH7\SH0DQDJHU
DWP ±
GDWDLQIR
DWP $WPRVSKHUH $WPRVSKlUHQHLQVWHOOXQJHQIU7HUUDJHQ
DWQ $NWLRQHQGDWHL $GREH3KRWRVKRS
DWU ± )ORSS\LPDJHIUELW$WDUL(PXODWRUHQ
DWW $7 7*URXSELWPDS %LOGGDWHL
$Q\7LPH'HOX[HIRU
DWZ ±
:LQGRZV
DXGLREDVLF
DX $XGLR8ODZ $XGLR'DWHL6XQ)RUPDW
DXGLR[DX
DX ± $,&&.XUVEHVFKUHLEXQJ
:HVWZRRG6WXGLRV.\UDQGLD& &
DXG $XGLRILOH
5HG$OHUW& &76
YRQ
5HG$OHUW& &76
HDV\/($51$XWKRU 3URMHNW'DWHLGHVHDV\/($51$XWRUHQ
DXS
3URMHFW 6\VWHPV6'1$*
DXW $XWR,W6FULSW $XWR,W6FULSW'DWHLELVY
HDV\/($51$XWKRU %HVFKUHLEXQJGHU/HUQPLWWHOLQ
DXW
/HUQPLWWHOEHVFKUHLEXQJ HDV\/($51$XWRU3URMHNWHQ6'1$*
DX $XWR,WY6FULSW $XWR,W6FULSW'DWHLDEY[
DX[ $X[LOOLDU\'LFWLRQDU\ &KL:ULWHU
DX[ $X[LOOLDU\5HIHUHQFH 7H;/D7H;
*HRVSDWLDO,PDJLQJ
0HWDGDWHQIUQLFKW(5'$6,0$*,1(
DX[ (5'$6,0$*,1(DQG
UDVWHUILOH)RUPDWH
/36'DWD)LOH
DYD $YDJLR3XEOLFDWLRQ ±
DYE 9LUXVLQIL]LHUWH'DWHL ,QFXODQ$QWL9LUXV
DYH $YHQXH6FULSW $UF9LHZ*,6[
DSSOLFDWLRQ[WURII
PVYLGHRYLGHRDYL &RQWDLQHUGDWHLIU9LGHRXQG$XGLR
DYL $XGLR9LGHR,QWHUOHDYH
YLGHRPVYLGHR 6WUHDPV:LQGRZV
YLGHR[PVYLGHR
DYS 6\PEROSDOHWWH $UF9LHZ*,6[
DYU $XGLR9LVXDO5HVHDUFK ±
$SSOLFDWLRQ
DYV ±
9LVXDOL]DWLRQ6\VWHP
DYV YLGHRDYVYLGHR 6WDUGHQW$96;,PDJH ±
(UZHLWHUXQJ
DY[ $UF9LHZ*,6[
([WHQVLRQ
DZ $SSOL[:RUGV ±
DZ 7H[WGRNXPHQW +3$GYDQFH:ULWH
)D[9LHZ'RFXPHQW
DZG ±
LPDJH
$FFHVV:DONHU
DZGE ±
'DWHQEDQN
DZN $:.6FULSW3URJUDP ±
$QLPDWLRQ:RUNV
DZP ±
0RYLH
DZU 7HOVLV $XGLRGDWHQ
DZV 6WDW*UDSKLFV'DWD ±
0LFURVRIW
D[H ±
$XWR5RXWH.DUWH
D[O $UF,06;0/SURMHFW ±
7H[W9HUVLRQGHUDRW'DWHLHU]HXJWYRQ
$6&,,DSSOLFDWLRQ
D[W 1RYHOO6Q$SS6KRW(QWKlOWDOOH
REMHFWWHPSODWH
bQGHUXQJHQDXIGHU$UEHLWVVWDWLRQ
0LFURVRIW$XWR5RXWH
D[W ±
9RUODJH
YRQ
9RUODJH
YRQ
/LVWHYRQ'DWHLHQGXQJHQ%±:LNLSHGLD KWWSVVHFXUHZLNLPHGLDRUJZLNLSHGLDGHZLNL/LVWHBYRQB'DWHLHQGXQ

E $SSODXVH%DWFKOLVW ±
*HVLFKHUWHU6SLHOVWDQGYRQ*7$
E 6SLHOVWDQG ,,,±*7$9LFH&LW\±*7$6DQ
$QGUHDV
VW5HDGHU$WDULXQG
E ZEBZ %ODFN :KLWH
0DFLQWRVK0RQRFKURPELWPDSV
VW5HDGHU0RQRFKURP
EQ ±
)DUEELWPDSV
$%&9HQWXUD3XEOLVKHU
E SULQWHUIRQW
'UXFNHUVFKULIWDUW
E +HOL[1XWVDQG%ROWV ±
EW %OLQG:ULWH ±
.RPSULPLHUWH"%DVH
E %DVH'DWHL
$UFKLYGDWHL
E 5DZJUDSKLF 3LFODE3ODQH,,%LOGGDWHL
EDG 2UDFOHEDG ±
6LFKHUXQJVGDWHLYRQÄVFDQUHJ
EDG ±
?IL[³XQWHU:LQGRZV
EDJ %$*$UFKLY .RPSULPLHUWHV'DWHLDUFKLY
6LFKHUKHLWVNRSLHÄ%DFNXS³
EDN %DFNXS'DWHL
HLQHU'DWHL
EDO %DOODGH0XVLFVFRUH ±
EDU +RUL]RQWDOPHQXREMHFW '%$6($SSOLFDWLRQ*HQHUDWRU
EDV %DVLF6RXUFHFRGH %$6,&4XHOOFRGHGDWHL
EDW %DWFK 6WDSHOYHUDUEHLWXQJVGDWHL
3DS\UXV'DWDEDVH
EE ±
EDFNXS
EE %OLW]%DVLF %OLW]%DVLF4XHOOFRGH
EEO %LEOLRJUDSKLFUHIHUHQFH 7H;%LE7H;
'HOX[H3DLQW%LWPDS
EEP %LOGGDWHLHQ
LPDJH
%XOOHWLQ%RDUG6\VWHP
EEV ±
WH[W
8QYROOVWlQGLJH%LWORUG±'DWHL
EF %LWWRUUHQW&OLHQW'DWHL
%HOLHEWHU%LW7RUUHQW&OLHQW
EFK %DWFK3URFHVV2EMHFW '%$6($SSOLFDWLRQ*HQHUDWRU
EFK 'DWHQ'DWHL 'DWDOH[(QWU\3RLQW
EFP &RPPXQLFDWLRQVILOH 0LFURVRIW:RUNV
%LWVWUHDP2XWOLQHIRQW
YRQ
EFR ±
GHVFULSWLRQ
%RUODQG&%RUODQG&
EFS 0DNHILOH
3OXVSOXV
EFZ (QYLURQPHQWVHWWLQJV %RUODQG&
EGE 'DWHQEDQN 0LFURVRIW:RUNV
EGI (JUHW'DWDILOH ±
:HVW3RLQW%ULGJH
EGI ±
'HVLJQHU)LOH
EGI %LUWKGD\)LOH ELUWKGD\UHPLQGHU
EGI %LQDU\'LII)LOH %LQDU\'LII$WDUL
%XQGOH'DWHL'XQG
EGO &R&UHDWH&$'
'&$'=HLFKQXQJ
EGU %RUGHU 0LFURVRIW3XEOLVKHU
%RUODQG'HYHORSHU 9HUZHQGHWYRQ%RUODQG
EGVSURM
6WXGLR3URMHNW 'HYHORSHU6WXGLRELV
EH] ±
GHVFULSWLRQ
%UDLQIXFNHLQH(VRWHULVFKH
EI %UDLQIXFN
3URJUDPPLHUVSUDFKH
EI %UDGIRUG)RQW ±
0LFURVRIW:LQGRZV
EIF $NWHQNRIIHU'RNXPHQW
%ULHIFDVH'RFXPHQW
9RP9HUVFKOVVHOXQJVSURJUDPP
EIH %ORZILVKHQFU\SWHG
%FU\SW
EIP )RQW0HWULFVILOH 8QL[0DLQIUDPH
EI[ )D[GRFXPHQWILOH %LW)D[
0LFURVRIW
EJ ±
%DFNJDPPRQ*DPH
EJD 26*UDSKLFDUUD\ ±
%RUODQG*UDSKLFV 7UHLEHUIU3DVFDOXQGHLQLJH
EJL
,QWHUIDFH'ULYHU DQGHUH%RUODQG6SUDFKHQ
0LFURVRIW)OLJKW
EJO ±
6LPXODWRU6FHQHU\
EK %ODFNKROH NRPSULPLHUWH'DWHL
SF$Q\ZKHUH+RVW
EKI ±
'DWHL
EK[ :LQ=LSILOH :LQ=LSILOH
EL ELQDU\ %LQlUGDWHL
EL %DVLF,QFOXGHILOH 0LFURVRIW9LVXDO%DVLFIU'26
ELE %LEOLRJUDSK\'DWHL $6&,,
ELE ± 'DWHQEDQN
/LWHUDWXU'DWHQEDQN
ELE 7H;%LE7H;
%LEOLRJUDILH
YRQ
%LEOLRJUDILH
*URXS:LVH
ELI ±
LQLWLDOL]DWLRQILOH
%LQDU\,PDJHE Z
ELI ,PDJH&DSWXUH%RDUG
JUDSKLF
ELII ;/,7(''DWHL ±
ELN ELQNYLGHR %LQN9LGHR)LOH
DSSOLFDWLRQPDFELQDU\
%LQlUGDWHLYHUVFKLHGHQH
DSSOLFDWLRQPDFELQDU\
1XW]XQJHQ]%&',PDJHV
ELQ DSSOLFDWLRQRFWHWVWUHDP ELQDU\ILOH
&'5:,1HWF)LUPZDUH
DSSOLFDWLRQ[ELQDU\
8SGDWHV
DSSOLFDWLRQ[PDFELQDU\
ELR 26%LRV'DWHL ±
%LOGGDWHLHQ6WDUWELOGHUIUGHQ
ELW ;%LWPDS
/\UD033OD\HU
EN %DFNXS 6LFKHUKHLWVNRSLHHLQHU'DWHL
EN -HW)D[)D[ERRN'DWHL ±
EN 'RFXPHQWEDFNXS :RUG3HUIHFWIU:LQGRZV
EN %DFNXS 6LFKHUKHLWVNRSLHHLQHU'DWHL
EN« :RUG3HUIHFWIU:LQGRZV
'RFXPHQWEDFNXS
EN %DFNXSIU)HQVWHU«
ENS %DFNXS 7XUER9LGLRQ'LDORJ'HVLJQHU
ENV ERRNVKHOI'DWHL ,%0%RRN0DQDJHU5HDG
ENV 6SUHDGVKHHW%DFNXS 0LFURVRIW:RUNV
)RQW(GLW)RQWVHWPLUURU
ENZ ±
LPDJH
EOE 5HVRXUFHDUFKLYH 'UHDP:RUNV1HYHUKRRG
%$6,&%ORDGDEOH
EOG ±
SLFWXUH
EOHQG %OHQGHU' %OHQGHU''DWHL
:RUN%HQFKIU
EOLE %LEOLRWKHNVGDWHL
&&RQWURO,
EON $OLDV:DYHIURQW,PDJH ±
EON ± $PLJD,))
EON 7HPSRUlUH'DWHL :RUG3HUIHFWIU:LQGRZV
EP LPDJHEPS %LWPDS ;%LWPDS
$SRJHH%LR0HQDFH
EP ±
GDWD
EPI &RUHO*DOOHU\ILOH ±
:LQGRZV+HOS /HVH]HLFKHQ]X:LQGRZV
EPN
ERRNPDUN +LOIHGDWHLHQKOS
LPDJHEPSLPDJH[ $OSKD0LFURV\VWHPV%LWPDS
EPS %LWPDS
ZLQGRZVEPS %LOGGDWHL
LPDJHEPSLPDJH[
EPS %LWPDS 26%LWPDS%LOGGDWHL
ZLQGRZVEPS
YRQ
EPS %LWPDS 26%LWPDS%LOGGDWHL

ZLQGRZVEPS
LPDJHEPSLPDJH[
EPS %LWPDS :LQGRZV%LWPDS%LOGGDWHL
ZLQGRZVEPS
EPW $PL3UR%XWWRQ ±
EP[ ± $QLPDWLRQHQ6LHPHQV
EP[ %OLW]0D[ %OLW]0D[4XHOOFRGH
EQ ,QVWUXPHQW%DQNILOH $G/LE
EQN ,QVWUXPHQW%DQNILOH $G/LE
EQN 6RXQGHIIHFWVEDQNILOH (OHFWURQLF$UWV
&RPSUHVVHGDUFKLYH
ERO 0LFURVRIW%RRDVPDUF
OLEUDU\
2U&$'6FKHPDWLF&DSWXUHDXFK
ERP %LOORIPDWHULDOV
DQGHUH('$3URJUDPPH
ERP %LOORIPDWHULDOV $SSOH,QVWDOOHU
ERR DSSOLFDWLRQERRN &RPSUHVVHGDUFKLYH 0LFURVRIW%RRDVPDUF
ERRN DSSOLFDWLRQERRN %RRN $GREH)UDPH0DNHU
ERV 2SWLPL]HG%LQDU\)LOH 0LFURVRIW5RERWLV6WXGLR
ER[ /RWXV1RWHV'DWHL ±
%XVLQHVV3ODQ7RRONLW
ESF ±
&KDUW
%RUODQG'HOSKL
ESO ±
SDFNHGOLEUDU\
3URMHNWGDWHLGHV)LOH%DFNXS
ESU %DFNXS3URMHFW
3URJUDPPHV7UD\%DFNXS
ESU %RUODQG3URMHNW'DWHL ±
:RUN%HQFKIU
ESS 3URMHNWGDWHL
&&RQWURO,
0LFURVRIW:RUNV
ESV ±
'RFXPHQW
&RUHO'UDZ%LWPDSILOOV
ESW ±
ILOH
7UXHYLVLRQ7DUJD
ES[ %LOGGDWHL
%LWPDS
ET\ %ULR4XHU\'DWHL ±
EU %ULGJH6FULSW ±
&DGHQFH$OOHJUR3&%
EUG %RDUG
/D\RXW'DWHL
EUG %RDUG (DJOH/D\RXW'DWHL
%URRNWURXW
EUN ±
)D[0DLO'DWHL
EUXVK '3DLQW*UDILNGDWHL 3LQVHOLQIRUPDWLRQ
EUZ ± (LQVDW]LQ.UHGLWLQVWLWXWHQ
'DWHL]XP'XUFKVXFKHQYRQ
EU[ ±
0XOWLPHGLD.RQILJXUDWLRQHQ
YRQ
EU[ ±
0XOWLPHGLD.RQILJXUDWLRQHQ
EU] 'E%5= 'DWHQEDQNEDFNXS
)LQG0HQXVKHOO
EVB 0LFURVRIW%RRNVKHOI
H[WHQVLRQ
$SRJHH%ODNH6WRQH
EV ±
ILOH
%6$5&&RPSUHVVHG
EVD .RPSULPLHUWHV'DWHLDUFKLY
DUFKLYH
.RPSULPLHUWHV.DUWHQIRUPDWYRQ
EVE ±
0DS7HFKXQG12$$EHQW]W
$SSOH,,&RPSUHVVHG
EVF .RPSULPLHUWHV'DWHLDUFKLY
DUFKLYH
)RUWUDQ3ZEUPDNH
EVF ±
2EMHFW
EVF EURZVHULQIRUPDWLRQ 06'HYHORSHU6WXGLR
EVS 4XDNH(QJLQH0DSILOH 45DGLDQW9DOYH+DPPHU(GLWRU
%LEOLR7H[ELEOLRJUDSK\ILOHIRU
EVW %LEOLR7H[ILOH
7H;
QLFKW -36RIWZDUH'262617
VHOEVWPRGLIL]LHUHQGH 7DNH&RPPDQG7&DXFK1RUWRQ
EWP
%DWFK'DWHL%DWFK 8WLOLWLHVHWFNRPSDWLEHOPLWEDW
WR0HPRU\ QXUVFKQHOOHULQGHU$XVIKUXQJ
EWQ 0DNHRYHU%XWWRQ)LOH ±
EWU %WULHYH'DWHQEDQN %WULHYH
%DFNXSGLVNIRU
EXG ±
4XLFNHQ
EXJ ± 'DWHLIU%XJVXQG3UREOHPH
&DNH:DON$XGLR
EXQ 0,',3URJUDPP
%XQGOH
EXS %DFNXS ±
EXW %XWWRQGHILQLWLRQ ±
EX\ ± )LOP'DWHL
EY« :RUG3HUIHFWIU:LQGRZV
±
EY hEHUODXIGDWHLIU'RNXPHQW«
6*,%ODFNDQG:KLWH %LOGGDWHLHQDXFK
EZ
LPDJH )DUELQIRUPDWLRQHQP|JOLFK
EZE 6SUHDGVKHHWDSSOLFDWLRQ 9LVXDO%DOHU
5RKGDWHQLPDJHHUVWHOOWPLW
EZL %OLQG:ULWH,PDJH
%OLQG:ULWH
EZU .HUPLW%HZDUHEXJOLVW ±
.RQILJXUDWLRQVILOHIU
EZV 6XE&RGH%OLQG:ULWH
%OLQG:ULWH,PDJH
EZW %OLQGUHDG,PDJH &',PDJHHUVWHOOWPLW%OLQGUHDG
EZY %XVLQHVV:DYH'DWHL ±
E\X %<80RYLH ±
YRQ
E\X %<80RYLH ±
E] DSSOLFDWLRQ[E]LS E]LS NRPSULPLHUWH'DWHL8QL[
E] DSSOLFDWLRQ[E]LS %]LS NRPSULPLHUWH'DWHL
YRQ
/LVWHYRQ'DWHLHQGXQJHQ&±:LNLSHGLD KWWSVVHFXUHZLNLPHGLDRUJZLNLSHGLDGHZLNL/LVWHBYRQB'DWHLHQGXQ

F WH[WSODLQWH[W[F &6RXUFH&RGH)LOH &4XHOOFRGHGDWHL
&KHFN3RLQW9316HFXUH5HPRWH
F FRQILJXUDWLRQ
.RQILJXUDWLRQ
FSSF WH[WSODLQWH[W[F &6RXUFH&RGH)LOH &4XHOOWH[WGDWHL
& WH[WSODLQWH[W[F &6RXUFH&RGH)LOH &4XHOOWH[WGDWHLVHOWHQ
9HQWXUD3XEOLVKHU3ULQW
F ±
'DWHL
& 7\SKRRQZDYH ±
&&RQWURO,,4XHOOWH[WGDWHLGHU
F &&RQWUROO,,0RGXO
3URJUDPPLHUVSUDFKH&
FG :LQ2Q&'&',PDJH ±
&&RQWURO,,3URMHNWGDWHLGHU
FS &&RQWUROO,,3URMHNW
3URJUDPPLHUVSUDFKH&
FG &LQHPD'6FHQHILOH &LQHPD'
FG &ORQN2EMHNWGHILQLWLRQ &ORQN
FI &ORQN5XQGHQRUGQHU &ORQN
FJ &ORQN6\VWHPGDWHQ &ORQN
FN &ORQN5HJLVWULHUVFKOVVHO &ORQN
FP &ORQN0DWHULDOGHILQLWLRQ &ORQN
FS &ORQN6SLHOHUGDWHL &ORQN
FV &ORQN6]HQDULR &ORQN
FX &ORQN8SGDWH &ORQN
FY &ORQN9LGHR &ORQN
F[ &ORQN(QJLQH &ORQN
& &4XHOOFRGH &RPSXWHU,QQRYDWLRQ
FD &DFKH'DWHL 7HOQHW6HUYHU,QLWLDOFDFKHGDWD
DSSOLFDWLRQYQGPV
FDEFRPSUHVVHG
FDE 0LFURVRIW&DELQHW'DWHL .RPSULPLHUWHV'DWHLDUFKLY
DSSOLFDWLRQ[
FDEFRPSUHVVHG
FDF ([HFXWDEOH'DWHL G%DVH,9
FDG 6RIWGHVN'UDIL[&DG ±
0LFURVRIW&OLS*DOOHU\Y[[
FDJ &DWDORJ'DWHL
[
FDO .DOHQGHU'DWHL ±
'LH0HLVWHQ'(GLWRUZLH]E
&UDVK $EVWXU]PHOGXQJ
3ULVP'
&DNHZDON$SSOLFDWLRQ 0DNURGDWHLIU&DNHZDON0,',
YRQ
&DNHZDON$SSOLFDWLRQ 0DNURGDWHLIU&DNHZDON0,',

FDO
/DQJXDJH 6HTXHQ]HU
FDO &$/6 .RPSULPLHUWH%LOGGDWHLHQ
FDO 6XSHU&DOF6SUHDGVKHHW 6XSHU&DOF
FDP &DVLRFDPHUD'DWHL ±
FDQ &DQYDV 1DYLJDWRU)D[
FDS ± &DSHOOD1RWHQVDW]
FDS &DSWXUH'DWHL 7HOL[6HVVLRQ
FDS &DSWLRQ 9HQWXUD3XEOLVKHU
FDU $W+RPHDVVLVWDQW'DWHL ±
'6RIWZDUHYRQGHU)LUPD'$=
FDU &DUUDUD'DWHL
3URGXFWLRQV
1LQWHQGR
FDUF WH[WXUJUDSKLFSODWWHQFRXUVH 1LQWHQGR(GLWRU7RRO
)LOH
&RPPDGHOLPLWHG$6&,,
FDV ±
'DWHL
FDW 6LFKHUKHLWVNDWDORJ :LQGRZV
FDW &DWDORJXH'DWHL G%DVH
FDW ± &DVLR3URJUDPOLQN)$
&$75$6&RPSXWHU$LGHG7UHH
FDW WUHHULQJZLGWKGDWDILOH
5LQJ$QDO\VLV6\VWHP
FDW FDWHJRUL]DWLRQ'DWHL 4XLFNHQ,QWHOOL&KDUJH
FDW 6WHOODULXP6WDU&DWDORJXH 6WHOODULXP
&$7SDUW 3DUW'DWHL &$'&DWLD9
FE FOHDQERRW'DWHL 0LFURVRIW
FEF &XEL&DOF)X]]\/RJLF 6\VWHP'DWHL
FEI $WDUL'26&KHEDVH'DWHL '26
3URSULHWlUHV)RUPDW]XU
FEI &KHVVEDVH)LOH 6SHLFKHUXQJYRQ6FKDFKSDUWLHQ
YRP&%+)RUPDWDEJHO|VW
HQWKlOWHLQH6SHFLILFDWLRQDQG
FEI &6'/'RNXPHQW 'HVFULSWLRQ/DQJXDJH
6SH]LILNDWLRQ
3URSULHWlUHV)RUPDW]XU
FEK &KHVVEDVH)LOH 6SHLFKHUXQJYRQ6FKDFKSDUWLHQ
DE9HUVLRQ&KHVVEDVH
9HUZHQGXQJLQ,%00DLQIUDPH
FEL &ROXPQELQDU\
6\VWHPHQ
9HUVFKOVVHOWH
FEN &U\SWR%DFNXS)LOH &U\SWR%DFNXS'DWHLQXUEHL
XQYHUVFKOVVHOWHP'DWHLQDPHQ
FEO &RERO &RERO4XHOOFRGH
FEP &RPSLOHG%LWPDS ;/LE
YRQ
/lVVWVLFK]%PLWGHP
FEU &RPLFERRN5DU$UFKLYH
3URJUDPP&'LVSOD\|IIQHQ
FEW &RPSXWHUEDVHGWUDLQLQJ ±
FE] DSSOLFDWLRQ[FEU &RPLF%RRN=LS &%='DWHQIRUPDW
FF &6RXUFH&RGH)LOH &4XHOOWH[WGDWHL
FF FXVWRPFODVV 9LVXDOG%$6(
FF &8(FDUGV'DWHQEDQN 1RWL]HQ9HUZDOWXQJ
FFD FFPDLODUFKLYH ±
$QLPDWHG%XWWRQ
FFE 9LVXDO%DVLF
FRQILJXUDWLRQ
FFF &XUWDLQ&DOO1DWLYHELWPDS %LOGGDWHLHQ
&ORQH&',PDJH &',PDJH.RQILJXUDWLRQVGDWHL
FFG
&RQWURO'DWHL HUVWHOOWPLW&ORQH&'
FFH .DOHQGHU &DOHQGDU&UHDWRU3OXV
.RQILJXUDWLRQGHV
FFI ±
260XOWLPHGLD%HWUDFKWHUV
FFI 'DWHQEDQN 0HGLD'H[.DWDORJ
&RPPXQLFDWLRQV
FFI 6\PSKRQ\
&RQILJXUDWLRQ
'DWHQPLW/D\RXWV$9/
FFI &RQFHUWR&RQWDLQHU)LOH
&RQFHUWR
'DWHLOLVWHGHV&U\SW/RDG
FFI &U\SW/RDG&RQWDLQHU)LOH
'RZQORDG0DQDJHU5DSLG6KDUH
FFK &RUHO&KDUW ±
&RPPXQLFDWLRQ&RPPDQG
FFO ,QWDON
/DQJXDJH
FFP /RWXV&&0DLOER['DWHL ]XP%HLVSLHO,1%2;&&0
FFR &\EHU&KDW'DWHL ±
FFR ;%7;*UDSKLFV ±
FFW 6KRFNZDYHFDVW'DWHL 0DFURPHGLD'LUHFWRU
FFW 'HVLJQ:RUNV'DWHL 'HVLJQ:RUNV9LHZHU
FGD &'$XGLR7UDFN ±
FGE &DUG6FDQ'DWDEDVH &DUG6FDQ
FGE &OLSERDUG'DWHL =ZLVFKHQDEODJH
FGE &RQFHSWXDOPRGHOEDFNXS 3RZHU'HVLJQHU
FGE 0DLQGDWDEDVH 7XUER&8WLOLWLHV
.DLVRIW$FFHVV0DQDJHUIRU
FGE 3RFNHW$FFHVV'DWDEDVH
3RFNHW3&
FGI &KDQQHO'HILQLWLRQ)RUPDW 0LFURVRIW
DSSOLFDWLRQFGI
FGI 1HWFGI*UDSKLF'DWHL %LOGGDWHLHQ
DSSOLFDWLRQ[FGI
FGIV &RPSDFW'LVFILOLQJV\VWHP :LQG5LYHU&''DWHLV\VWHP
FGL &RPSDFW'LVF,QWHUDFWLYH 3KLOLSV&'L6WDQGDUG
YRQ
FGL &RPSDFW'LVF,QWHUDFWLYH 3KLOLSV&'L6WDQGDUG

FGL ± &',PDJHHUVWHOOWPLW'LVF-XJJOHU
FGN $WDUL&DODPXV'RFXPHQW ±
6\EDVH3RZHU'HVLJQHU'DWD
FGP &RQFHSWXDOGDWDPRGHO
$UFKLWHFW
FGP &XVWRPGDWDPRGXOH 9LVXDOG%$6(
*HUlWHWUHLEHULQGHU1HW:DUH
FGP &XVWRP'HYLFH0RGXOH 3HULSKHUDO$UFKLWHFWXUH1:3$
YRQ1RYHOO1HW:DUH
9HUSDFNWHU&RQWHQWIUGDV3&
FGS &RQWHQW'LVSDWFKHU3DFNDJH
6SLHO7UDLQ]
'DWHLGHV9HNWRUJUDILN
FGU &RUHO'5$:ILOH
3URJUDPPV&RUHO'5$:
FGU &'UDZGDWD (QWKlOW5RKGDWHQHLQHU&'
(QWKlOW'DWHQEDQNWDEHOOHQYRQ
FGV &OLHQW'DWD6HW
0\%DVH%RUODQG'HOSKL
FGW &RUHO'5$:WHPSODWH 9RUODJH
&RUHO'5$:FRPSUHVVHG
FG[ .RPSULPLHUWHV&'5
GUDZLQJ
FG[ &RPSRXQG,QGH[ 0LFURVRIW9LVXDO)R[SUR
FG\ DSSOLFDWLRQYQGFLQGHUHOOD &LQGHUHOOD&RQVWUXFWLRQILOH *HRPHWULHSURJUDPP&LQGHUHOOD
FH 0DLQ&('DWHL 7KH)DU6LGH&RPSXWHU&DOHQGDU
7HPSUD6KRZ%LWPDS
FHJ %LOGGDWHLHQ
JUDSKLF
$XWR'HVN$QLPDWRU&HO
FHO ±
,PDJH
&,0)DVW(YHQW/DQJXDJH
FHO ±
'DWHL
DSSOLFDWLRQSNL[FHUW
FHU DSSOLFDWLRQ[ &HUWLILFDWH'DWHL 0,0([[FDFHUW
[FDFHUW
FI ,PDNH&RQILJXUDWLRQ'DWHL ±
FIE &RPSWRQV0XOWLPHGLD'DWHL ±
FIJ &RQILJXUDWLRQ)LOH .RQILJXUDWLRQVGDWHL
FIO &RUHO)/2:&KDUW ±
FIP &ROG)XVLRQWHPSODWH ±
FIP &RUHO)RQW0DVWHU'DWHL ±
FIP &UHDWLYH)00XVLF ±
FIP :LQGRZVFXVWRPHUIRUP 9LVXDOG%$6(
FIQ $WDUL&DODPXV)RQW'DWHL ±
FIR &IRUPREMHFW 7XUER&8WLOLWLHV
FIS &RPSOHWH)D[3RUWDEOH )D[GDWHL
9HQWXUD3XEOLVKHU
FJD ±
%LOGVFKLUPVFKULIWDUW
YRQ
FJD ±
%LOGVFKLUPVFKULIWDUW
6SHLFKHUIRUPDWIU'0RGHOOH
FJI &U\WHN*HRPHWU\)LOH
GHU&U\(QJLQH
&RPPRQJDWHZD\LQWHUIDFH
FJL ±
VFULSW
FJP &RPSXWHU*UDSKLFV0HWDILOH 9HNWRUJUDILNHQ
FK &OLSSHU+HDGHU ±
FK 26.RQILJXUDWLRQVGDWHL ±
FK &KDUW +DUYDUG*UDSKLFV
FK &KDULVPD3UHVHQWDWLRQ &KDULVPD
FKG &KDPHOHRQ)RQWGHVFULSWRU ±
FKI UHPRWHFRQWURO'DWHL SF$Q\ZKHUH
FKL &KL:ULWHU'RFXPHQW ±
(QWKlOWYRQGHQ
06'26:LQGRZV3URJUDPPHQ
FKN &KHFNGLVN &KHFNGLVNXQG6FDQGLVN
ZLHGHUKHUJHVWHOOWHYHUORUHQH
'DWHQ.HWWHQ
7HPSRUlUH'DWHLYRQ
FKN ±
:RUG3HUIHFWIU:LQGRZV
FKO &RQILJXUDWLRQ+LVWRU\/RJ ±
+LOIHGDWHLLP&+0)RUPDW
YHUZHQGHWXQWHU0LFURVRIW
FKP &RPSLOHG+70/+HOS
:LQGRZVDE:LQGRZV
NRPSULPLHUWHV+70/$UFKLY
FKQ (WKQRJUDSK'DWD'DWHL ±
FKS &KDSWHU'DWHL 9HQWXUD3XEOLVKHU
FKU &KDUDFWHU6HWV 6FKULIWDUWHQ
&KDUW0DVWHUG%DVH
FKW ±
,QWHUIDFH
FKW &KDUW9LHZHU'DWHL ±
+DUYDUG*UDSKLFV9HFWRU
FKW ±
'DWHL
FKZ ± &RQWHQW'DWHL]XFKP
&DO7HFK,QWHUPHGLDWH
FLI ±
*UDSKLF
&',PDJHHUVWHOOWPLW(DV\&'
FLI &UHDWRU,PDJH'DWHL
&UHDWRU
FLI FDOOHU'DWHL SF$Q\ZKHUH
&U\VWDOORJUDSKLF
FLI ±
,QIRUPDWLRQ)LOH
&OLS*DOOHU\GRZQORDG
FLO ±
SDFNDJ
FLO &LOHD(LQKHLWHQJUXSSH (LQKHLWHQJUXSSHIU&LOHD
FLP 6LP&LW\'DWHL ±
YRQ
FLP 6LP&LW\'DWHL ±
hEHUZDFKW0RGLILNDWLRQHQDQ
FLQ ±
,1,'DWHLHQXQWHU26
FL[ 'DWDEDVH,QGH[ 7XUER&8WLOLWLHV
L'$SRJHH&RPPDQGHU.HHQ
FNFN &RPPDQGHU.HHQ'DWHQ

FNE .H\ERDUGPDSSLQJ'DWHL %RUODQG&
FO *HQHULF/,63 /,634XHOOFRGH
FO /D\RXW'DWHL $GDSWHF(DV\&'&UHDWRU
DSSOLFDWLRQMDYD
DSSOLFDWLRQMDYD 9RQGHU-DYD9LUWXDO0DFKLQH
FODVV -DYDFODVV'DWHL)RUPDW
E\WHFRGHDSSOLFDWLRQ[ DXVIKUEDUHU%\WHFRGH
MDYDFODVV
'DWHLHQZHUGHQYRP3URJUDPP
$352/&KURQR/RJ
FOF &KURQR/RJ6HUYHUJHVFKULHEHQ
&RQWDLQHU
/,18;
FOJ 'LVN&DWDORJ'DWHQEDQN ±
&ULFNHW6RIWZDUH&OLFNHU
FOO ±
'DWHL
FOR &ORH,PDJH ±
FOS &RPSLOHU6FULSW &OLSSHU
FOS &OLSDUW 4XDWWUR3UR
FOS DSSOLFDWLRQ[PVFOLS &OLSERDUG :LQGRZV=ZLVFKHQDEODJH
FOU FRORUVFUHHQLPDJH VW5HDGHU
FOU &RORUGHILQLWLRQ 3KRW6W\OHU
FOV .ODVVHQTXHOOGDWHL &.ODVVHQPRGXO'HILQLWLRQ
9LVXDO%DVLF.ODVVHQPRGXO
FOV .ODVVHQTXHOOGDWHL
'HILQLWLRQ
FOV .ODVVHQGHILQLWLRQ /D7H;'RNXPHQWHQNODVVH
7HPSODWHV]XU)RUPDWLHUXQJYRQ
$352/&KURQR/RJ
FOW &KURQR/RJ&RQWDLQHUQ
7HPSODWH
YHUZHQGHWFOF/,18;
FOZ &ODVV:L]DUG 0LFURVRIW9LVXDO&
FOZ 4XHOOFRGHGDWHL &ODULRQIRU:LQGRZV4XHOOHFRGH
.RPSULPLHUWHV$UFKLYPLW$XGLR
FO] 7RPE5DLGHU$UFKLYH
$:'RGHU/HYHOGDWHQ*0;
FP &UDIWPDQ'DWD ±
$33/,;70'DWHQEDQNLP
FPD ±
.ODUWH[WIRUPDW
FPG ([WHUQDO&RPPDQG0HQX VW5HDGHU
%DWFK6FULSWVIU:LQGRZV17
FPG &RPPDQG'DWHL
26&30XQG56;
FPG 3URJUDPPGDWHL G%DVH,,
FPI &RUHO0HWDILOH ±
YRQ
FPI &RUHO0HWDILOH ±
FPJ &KHVVPDVWHUVDYHGJDPH ±
FPN &DUG6KRS3OXV'DWHL ±
FPP &(QYL%DWFK'DWHL ±
&KHPLFDO0DUNXS/DQJXDJHDXI
&KHPLFDO0DUNXS/DQJXDJH
FPO ;0/EDVLHUHQGHV'DWHLIRUPDW]XU
'DWHL
'DUVWHOOXQJYRQ0ROHNOHQ
FPS 3RVWVFULSW3ULQWHU+HDGHU &RUHO'5$:
FPS ± -3(*%LWPDS
FPS 8VHUGLFWLRQDU\ 0LFURVRIW:RUGIU'26
FPS $GGUHVV'RFXPHQW 5RXWH
FPU 0HGLD3OD\HU0RYLH ±
FPY &RUHO0RYHDQLPDWLRQ ±
&RUHO3UHVHQWDWLRQ
FP[ LPDJH[FP[ ±
([FKDQJHLPDJH
F\DQPDJHQWD\HOORZDQG
FP\N 5RKGDWHQ
EODFN
FQF &1&*HQHUDO3URJUDPGDWD ±
FQI &RQILJXUDWLRQ .RQILJXUDWLRQVGDWHL
FQT &RPSXZRUNV'HVLJQ6KRS ±
,QGH['DWHL]X+LOIHGDWHLHQXQWHU
FQW &RQWHQWV
:LQGRZV
FQWO ]26-&//LEUDU\ 3'6PLW%DWFKILOHV
]X.RQYHUWLHUHQGH'DWHLHQ
FQY &RQYHUVLRQILOHV
:V)73
FQY FRQYHUVLRQVXSSRUW'DWHL :RUGIU:LQGRZV
FQY 7HPSRUlUH'DWHL :RUG3HUIHFWIU:LQGRZV
FQY &DQYDV'UDZLQJ &DQFDV'DWHL9HNWRUIRUPDW
FRE &RERO &RERO4XHOOFRGH
FRE WUXH6SDFHREMHFW '2EMHNWH
FRG 7HPSODWHVRXUFH'DWHL G%DVH$SSOLFDWLRQ*HQHUDWRU
FRG )2575$1&RPSLOHGFRGH ±
FRG FRPSLOHGFRGH 0LFURVRIW&&RPSLOHU$XVJDEH
FRG 9LGHR7H[W'DWHL ±
&RQWDLQHU)LOHIUHLQHQ
FRI &RQWDLQHU)LOH
'RZQORDG0DQDJHU
FRO &RORU3DOHWWH $XWR'HVN$QLPDWRU
FRO 0XOWLSODQ6SUHDGVKHHW 0LFURVRIW0XOWLSODQ
$XVIKUEDUHV3URJUDPP
'26:LQGRZV:HQQVLFKHLQH
FRPXQGHLQHH[H'DWHLPLW
DSSOLFDWLRQRFWHWVWUHDP
FRP &RPPDQG JOHLFKHP1DPHQLPVHOEHQ
WH[WSODLQ
2UGQHUEHILQGHQZLUG
VWDQGDUGPlLJGLHFRP'DWHL
YRQ
VWDQGDUGPlLJGLHFRP'DWHL
DXVJHIKUW
FRQ .RQILJXUDWLRQ 6LPGLU
.RQILJXUDWLRQVGDWHLXQWHU8QL[
FRQI WH[WSODLQ &RQILJXUDWLRQ PHLVW.ODUWH[W]%
HWFLQHWGFRQI
.RQILJXUDWLRQVGDWHLXQWHU1(7
FRQILJ WH[WSODLQ &RQILJXUDWLRQ RGHU.RQILJXUDWLRQVGDWHLXQWHU
8QL[PHLVW.ODUWH[W
FRQWDFW :LQGRZV/LYH&RQWDFW :LQGRZV/LYH&RQWDFW)RUPDW
5HVWQDFKGHP0HUJHQLQ
FRQWULE
&OHDU&DVH
FRR &RPSRQHQWV)LOH )DEDVRIW&RPSRQHQWV
FS &SODQ *OHLSODQIU&3ODQ*OHLVSODQVSLHO
FS &3*UD\6FDOHLPDJH %LOGGDWHLHQ
&DUWHVLDQ3HUFHSWXDO
FSF %LOGGDWHLHQIU&3&9LHZHU
&RPSUHVVLRQ
FSG &RPSODLQWV'HVN6FULSW ±
FSG &RUHO3ULQW2IILFH'DWHL =HLFKQXQJ
FSGFSH ± )D['HFNEODWW
FSI &RPSOHWH)D[ )D['DWHL
FSK &RUHO3ULQW+RXVH %LOGGDWHLHQ
FSL &RORU/DE3URFHVVHG,PDJH %LOGGDWHLHQ
&RGHSDJH6SH]LILNDWLRQIU
FSL FRGHSDJHLQIRUPDWLRQ
06'26XQG)UHH'26
$UFKLYIRUPDWGHV
FSLR DSSOLFDWLRQ[FSLR &SLR$UFKLY
8QL[.RPPDQGRVFSLR
FSM &'3URMHFW &H4XDGUDQW
FSM 7UDFN$EELOG :LQ2Q&'
FSO &RPSHO3UHVHQWDWLRQ ±
&3/ &RUHOFRORUSDOHWWH ±
FSO &RQWURO3DQHO/LEUDU\ :LQGRZV6\VWHPVWHXHUXQJVDSSOHW
FSR &RUHO3ULQW2IILFH %LOGGDWHLHQ
FSS WH[W[F &3OXV3OXV& &4XHOOWH[WGDWHL
&ULFNHW3UHVHQWV
FSS &$&ULFNHW
SUHVHQWDWLRQ
FSU &RUHO3UHVHQWVSUHVHQWDWLRQ ±
3URMHNWGDWHLGHV6HTXHQ]HUV
FSU &XEDVH3URMHFW
&XEDVH
FSV 3&7RROV%DFNXS &HQWUDO3RLQW
FSV &RORXUHGSRVWVFULSW IDUELJHV3RVWVFULSW
FSW DSSOLFDWLRQ[FSW &ULFNHW3UHVHQWV7HPSODWH &$&ULFNHW
FSW &RUHO3KRWR3DLQWLPDJH %LOGGDWHLHQ
YRQ
FSW (QFU\SWHG0HPR G%DVH

.RPSULPLHUWHV'DWHLDUFKLY
FSW ±
0DFLQWRVK
&RUHO3UHVHQWDWLRQ
FS[ .RPSULPLHUWH=HLFKQXQJ
([FKDQJH
FS\ &RS\%RRNV ±
FS] &2032=0XVLF7H[W ±
FU &DQRQ5$:)RUPDW %LOGGDWHLLP5RKGDWHQIRUPDW
'DWHL]XUhEHUSUIXQJGHU
FUF &\FOLF5HGXQGDQF\&KHFN
'DWHQNRQVLVWHQ]
FUF &LUFXODUUHIHUHQFH'DWHL 3UR(QJLQHHU
FUG DSSOLFDWLRQ[PVFDUGILOH &DUGILOH 0LFURVRIW:LQGRZV[
FUI FURVVUHIHUHQFH =RUWHFK&
FUI 3N=LSJHSDFNWHV$UFKLY EHQXW]HQYLHOH6SLHOH
FUK ,PDJH'DWHL 0LFURVRIW*ROI
'DWHLGLHGLH6HULHQQXPPHUQYRQ
DSSOLFDWLRQSNFVFUO
FUO &HUWLILFDWH5HYRFDWLRQ/LVW JHVSHUUWHQ=HUWLILNDWHQLQ
DSSOLFDWLRQSNL[FUO
3.,8PJHEXQJHQHQWKlOW
FUS &RUHOUXQWLPHSUHVHQWDWLRQ ±
FUS (QFU\SWHGGDWDEDVH G%DVH,9
FUS FXVWRPUHSRUW 9LVXDOG%$6(
FUV &RQYHUVLRQUHVRXUFH :RUG3HUIHFWIU:LQGRZV
FUV ± $,&&.XUVEHVFKUHLEXQJ
FUW DSSOLFDWLRQSNL[FHUW &HUWLILFDWH =HUWLILNDWVGDWHL
FUW &URQWDE'DWHL ±
7HUPLQDOVHWWLQJV
FUW 2UDFOH
LQIRUPDWLRQ
DSSOLFDWLRQ[
&RPPRGRUHHPXODWRU
[FDFHUW
FUW &D57ULGJH,PDJH 520LQKDOWHLQHV6WHFNPRGXOHV
DSSOLFDWLRQ[
IUGHQ([SDQVLRQVSRUW
[XVHUFHUW
FUX &586+ .RPSULPLHUWHV'DWHLDUFKLY
.XUYHQGDWHLJHVFKORVVHQH
FUY 8QEHNDQQW )UHLKDQGOLQLH&XUYH&$'
:RUN1&
]XU6SHLFKHUXQJYRQ)RWRVLQ
FUZ &DQRQ5DZ,PDJH
&DQRQ'LJLWDONDPHUDV
&U\VLVPDSVZHUGHQLQGLHVHP
FU\ &U\VLVPDS
IRUPDWJHVSHLFKHUW
FV &6KDUS &6KDUS&4XHOOFRGHGDWHL
FVD &RPPDGHOLPLQDWHGWH[W ±
&RVPR'VFHQHJUDSK 2SHQ*/2SWLPL]HU&RVPR'
FVE
ELQDU\ 6]HQHQJUDSK'DWHL%LQlUIRUPDW
FVE &RUHOVFULSWELQDU\ ±
YRQ
FVE &RUHOVFULSWELQDU\ ±
FVE &UDVKVRIW%$6,& ±
FVF &RUHOVFULSW ±
FVJ 6WDWLVWLFDZ*UDSK'DWHL ±
DSSOLFDWLRQ[FVKWH[W[
FVK &VKHOOVFULSWILOHV +DPLOWRQ/DEV
VFULSWFVK
6+&RS\6WDU
FVL &RS\VWDULPDJH
'LVNHWWHQNRSLHUSURJUDPP
FVO ± $PHULFD2QOLQH&6/)RUPDW
FVP 3UHFRPSLOHGKHDGHU %RUODQG&
FVP 6FULSW'DWHL .RGDN'F&DPHUD
'0DSYRQ7KH*DPH&UHDWRUV
]XU'RZQORDGVHLWH
FVP &DWRJUDSK\6KRS0DS
&XVWRPHUVHUYLFHGDWD
FVR ±
RXWFRPH
FVS 3&(PFHH2Q6FUHHQLPDJH ±
FVV 6WDWLVWLFDZ'DWDVKHHW ±
FVV 6WDWV'DWDILOH ±
&DVFDGLQJ6W\OH6KHHWV&66±LQ
HLQHU+70/(UJlQ]XQJVVSUDFKH
FVV WH[WFVV &DVFDGLQJ6W\OH6KHHW YHUIDVVWH$6&,,7H[WGDWHLHQ]XU
H[DNWHQ)RUPDWLHUXQJYRQ
+70/(OHPHQWHQ
FVW &DVW 0DFURPHGLD'LUHFWRU
FVW $,&&.XUVVWUXNWXU
WH[WFRPPDVHSDUDWHG
YDOXHV
WH[WFVY
DSSOLFDWLRQFVY
FVY &RPPDVHSDUDWHGYDOXHV 7H[WGDWHL7DEHOOH
DSSOLFDWLRQH[FHO
DSSOLFDWLRQYQGPVH[FHO
DSSOLFDWLRQYQGPVH[FHO
WH[WDQ\WH[W
FVY $GMXVWHG(*$9*$3DOHWWH &RPSX6KRZ

FW ± 3DLQW6KRS3UR
FW 6FLWH[&7ELWPDS ±
$XWR&$')DUEDEKlQJLJH
3ORWVWLOWDEHOOHQGDWHLHQWKlOW
FRORUGHSHQGHQWSORWVW\OH
FWE JHQDX3ORWVWLOHGLHHLQHU
WDEOH
MHGHQ)DUEHLQGHU=HLFKQXQJ
]XJHRUGQHWVLQGVLHKHDXFKVWE
YRQ
FWF 3&,QVWDOOHU&RQWURO ±
FRGHWUDQVODWLRQ 6\PSKRQ\&KDUDFWHUFRGH
FWI
&XVWRP3637KHPH 6RQ\363
FWJ FDWDORJ'DULQVSHLFKHUQ
&DQRQ'LJLWDONDPHUDV
FWJ &DQRQ3RZHU6KRW,QIR)LOH
=XVDW]LQIRUPDWLRQHQ]XGHQ
%LOGHUQ
FWO &RQWURO G%DVH,9
FWO FRQWUROILOH .RQWUROOGDWHL
FW[ &RXUVH7H[W 0LFURVRIW2QOLQH&RXUVH
FW[ &LSKHUWH[W 3*3
FW[ 8VHUFRQWUROELQDU\ 9LVXDO%DVLF
FXE &XEH'DWHL $33/,;70
FXH &8(FDUGV'DWHQEDQN 1RWL]HQ9HUZDOWXQJ
$XGLR&'0HWDGDWHQ
FXH &XHVKHHW
7UDFN(QGHQHWF
FXO &XUVRUOLEUDU\ ,FRQ)RUJH
FXS 'DWHQEDQNGDWHL 6HH<RX6HJHOIOXJ3URJUDPP
FXU &XUVRU'DWHL 0DXV]HLJHU6WDWLVFK
FXUVRU &XUVRU 6XQ0LFURV\VWHPV
FXW 'U+DOR%LWPDS ±
&XW$VVLVWDQWIUKHU$VIELQ
FXWOLVW 6FKQLWWOLVWHIU9LGHRVFKQLWW
$VVLVWDQW
FY &RUHO9HUVLRQVDUFKLYH ±
FY LQIRUPDWLRQVFUHHQ 0LFURVRIW&RGH9LHZ
&DQYDV9HNWRUXQG%LWPDS
FY &DQYDV'UDZLQJ
DXFKIU&DQYDV
FYL &DQYDV'UDZLQJ %LOGGRNXPHQW
FYJ ,PDJH %LOGGDWHLHQ
&DQYDVDUW:25.69HNWRU
FYV &DQYDV'UDZLQJ
XQG%LWPDS
4XDNHIRQWILOHLQFOXGHGLQ
FZ ,GRQ
WNQRZ
SN
FZE &DNHZDON%XQGOH ±
FZN &ODULV:RUNVGDWD ±
FZS &DNHZDON3URMHFW ±
FZV &ODULV:RUNVWHPSODWH ±
F[W SURWHFWHG&DVW 0DFURPHGLD'LUHFWRU
F[[ WH[WSODLQ & &4XHOOWH[WGDWHL
&6:JHUPDQ\
F\V &<EHU6HFXUH 9HUVFKOVVHOWHV$UFKLY
&U\SW&RQWDLQHU
YRQ
&U\SW&RQWDLQHU
F]LS (QFU\SWHG=,3 9HUVFKOVVHOWHV$UFKLY
YRQ
/LVWHYRQ'DWHLHQGXQJHQ'±:LNLSHGLD KWWSVVHFXUHZLNLPHGLDRUJZLNLSHGLDGHZLNL/LVWHBYRQB'DWHLHQGXQ
%HPHUNXQJHQ
'DWHLHQGXQJ 0,0(7\S 9ROOVWlQGLJHU1DPH
9HUZHQGXQJ
+lXILJYHUZHQGHWEHL
G DSSOLFDWLRQ[GLUHFWRU 'LUHFWRU\ .RQILJXUDWLRQVYHU]HLFKQLVVHQ
XQWHU8QL[]%HWFLQLWG
'$'DWHLPLW5(%
G $EUHFKQXQJVGDWHQ'$
$EUHFKQXQJVGDWHQ
GG ''2EMHFW'DWHL ')DVVDGH3OXV
'$'DWHLPLW5(%
G $EUHFKQXQJVGDWHQ'$
$EUHFKQXQJVGDWHQ
&RPPRGRUH(PXODWRU
G GLVNLPDJH HLQVHLWLJ
aN%
&RPPRGRUH(PXODWRU
G GLVNLPDJH GRSSHOVHLWLJ
aN%
&RPPRGRUH(PXODWRU
G GLVNLPDJH
aN%
*$(%$XVWDXVFK/9
G /HLVWXQJVYHU]HLFKQLV ]ZLVFKHQ]%$UFKLWHNWXQG
,QJHQLHXU
*$(%'DWHLPLW
G $QJHERWVDXIIRUGHUXQJ
$QJHERWVDXIIRUGHUXQJ
*$(%'DWHLPLW
G $QJHERWVDEJDEH
$QJHERWVDEJDEH
*$(%'DWHLPLW
G 1HEHQDQJHERW
1HEHQDQJHERW
*$(%'DWHLPLW
G $XIWUDJVHUWHLOXQJ
$XIWUDJVHUWHLOXQJ
*$(%'DWHLPLW
G 1DFKWUDJ
$QJHERWVQDFKWUDJ
*$(%'DWHLPLW
G 5HFKQXQJ
5HFKQXQJVGDWHQ
*R:LQG
GD ±
6FKOHULQIRUPDWLRQHQ
3RZHU,62'LUHFW$FFHVV
GDD &''9',PDJH
$UFKLYH
GDR ± :LQGRZV5HJLVWU\%DFNXS
GDR 'LVF$W2QFH &',PDJH
GDS 'DWDDFFHVVSDJH 0LFURVRIW$FFHVV
6HKUXQWHUVFKLHGOLFKH
GDW 'DWD 9HUZHQGXQJPHLVWDOV
&RQWDLQHUIUELQlUH'DWHQ
03(*9LGHRDXI9&'VXQG
GDW
69&'V
1RUWRQ*KRVWZLUGDQJHOHJW
GDW 9LUWXHOOH3DUWLWLRQ
EHLP3URJUDPPODXI
GDWDW\SH 'DWDW\SH (LQ$XVJDEHIRUPDW$PLJD
YRQ
GDWHLEDVLHUWH'DWHQEDQNHQ
GE 'DWHQEDQN
]%64/LWHRGHU&69
GE WDEOHGDWDEDVH %RUODQG3DUDGR[
GEF GDWDEDVHFRQWDLQHU 0LFURVRIW9LVXDO)R[3UR
9HFWRU.DQDOGHILQLWLRQIU
GEF &$1GE'DWHQEDQN'DWHL
&$1%XV
'DWHQEDQNLP'%$6(
GEI 'DWDEDVH'DWHL
)RUPDW
GEI (QDEOHGDWDEDVH FDQEHRSHQHGZLWK([FHO
GEI WDEOHVSDFH'DWHL 2UDFOH[
GEN 'DWDEDVH%DFNXS G%$6(
GEN 6FKHPDWLFEDFNXS'DWHL 2U&$'6FKHPDWLF&DSWXUH
GEO %LWGRXEOHV5$: $GREH$XGLWLRQ
GER &RPSLOHGSURJUDP G%$6(,9
GET 3DUDGR[0HPR ±
GEW 7H[W0HPR G%$6(
GEY 0HPRILHOG'DWHL )OH[ILOH
'DWD%RVV0LFURVRIW
GEZ 'DWDEDVH'DWHL
:LQGRZV[
GE[ 'DWD%HDPLPDJH ±
3RVWIlFKHU(LQJDQJ
GE[ 0LFURVRIW2XWORRN([SUHVV
$XVJDQJXVZ
GE[ 7DEHOOH 0LFURVRIWV9LVXDO)R[3UR
GE] GLJLWDOHU%DQG 'LJLWDOH%LEOLRWKHN
GF 'HVLJQ&$' &$''DWHL
GF 'HVLJQ&$' &$''DWHL
GF 9HUVFKOVVHOWH'DWHL 9LD7KLQN6RIW'H&RGHU[
GF &$''DWHL 'DWD&$''UDZLQJ
%LOGGDWHLKlXILJYHUZHQGHW
GF YRQ%OL]]DUG(QWHUWDLQPHQW 'DWD&$''UDZLQJ
LQ6SLHOHQZLH'LDEOR,,
'RFXPHQW&RQWHQW
GFD 7H[WGDWHL,%0'LVSOD\:ULWH
$UFKLWHFWXUH
GFD $FWLYHGHVLJQHUFDFKH 9LVXDO%DVLF
',*&$'//+6RIWZDUH
GFG &$''DWHL
*PE+
GFI '\DGLF ±
GFI 'LVN,PDJH'DWHL ±
'LJLWDO,PDJLQJDQG
GFLP ,PDJLQJDQG&RPPXQLFDWLRQV &RPPXQLFDWLRQVLQ0HGLFLQH
%LOGXQG'DWHQ
',*&$',QJ
GFL &$''DWHL
//+6RIWZDUH*PE+
GFP ',&20'DWHL
GFP '&0PRGXOH ±
GFS 'DWD&RGH3DJH 26
GFU 6KRFNZDYH'DWHL ±
.RPSLOLHUWH
GFU 'HOSKL&RPSLOHG5HVRXUFH 5HVVRXUFHQ±'DWHLYRQ
YRQ
GFU 'HOSKL&RPSLOHG5HVRXUFH 5HVVRXUFHQ±'DWHLYRQ

'HOSKL
GFV %LOGGDWHL 4XDUN;3UHVV
GFV ± $&7$FWLYLW\'DWHL
GFV 'HVNWRS&RORU6HSDUDWLRQ ±
GFW 'DWDEDVH'LFWLRQDU\ &ODULRQ'DWDEDVH'HYHORSHU
'DWDEDVH6SHOO&KHFN +DUYDUG*UDSKLFV
GFW
'LFWLRQDU\ 6\PSKRQ\
GFW GDWDEDVHFRQWDLQHU 0LFURVRIW9LVXDO)R[3UR
.RPSLOLHUWH SDV'DWHLYRQ
GFX 'HOSKLFRPSLOHGXQLW
%RUODQG'HOSKL
GF[ %LWPDS*UDSKLFV 0XOWLSDJH3&;
GF[ )D[LPDJH EDVLHUWDXI3&;
GF[ ± 0DFUR
GF[ GDWDEDVHFRQWDLQHU 0LFURVRIW9LVXDO)R[3UR
GG 0DFLQWRVK',6.'28%/(5 .RPSULPLHUWHV'DWHLDUFKLY
GGE %LWPDS*UDSKLFV ±
GGG '7RRO'DWHLIRUPDW
3HUYDVLYH64/YRUPDOV
%WULHYHRGHU;WULHYH
GGI 'DWD'HILQLWLRQ 0HWDGDWHQHQWKlOWGLH
%HVFKUHLEXQJGHU6WUXNWXU
GHU'DWHQILOHV
GGI 'LDPRQG'LUHFWLYH)LOH 0LFURVRIW0DNH&$%
GGL ',6.'83( ±
'LJLWDO(TXLSPHQWRGHU
&RPSDTZLUGYHUZHQGHW
GGLI ±
XP%LOGHUXQG]XJHK|ULJH
7H[WH]XVSHLFKHUQ
GGS 'HYLFH'ULYHU3URILOH 26
GGV 'LUHFW'UDZ6XUIDFH ±
GHE 'HEXJ6FULSW '26'HEXJ
,QVWDOOLHUEDUHV
GHE DSSOLFDWLRQ[GHE 'HELDQ3DFNDJH
3URJUDPPSDNHWIU'HELDQ
GHI $VVHPEO\+HDGHU'DWHL *HRZRUNV
GHI &GHILQLWLRQ ±
GHI 'HILQH0RGXOH ')DVVDGH3OXV
GHI 6PDUW:DUH,,GDWD ±
GHIL GHLQVWDOOVFULSW 2UDFOH
9LVWD3URYHUZHQGHW86*6
GHP 'LJLWDO(OHYDWLRQ0RGHOV
VWDQGDUGV
GHP 'HPR 'HVFHQW
GHP *UDSKLFV 9LVWD3UR
GHS 'HSHQGHQF\ 9LVXDO%DVLF6HWXS:L]DUG
GHU DSSOLFDWLRQ[[FDFHUW &HUWLILFDWH ±
GHV *UDSKLFV'DWHL &RUHO'HVLJQHU
GHV ± $,&&.XUVEHVFKUHLEXQJ
9HUNQSIXQJVGDWHLXQWHU
YHUVFKLHGHQHQ'HVNWRS
YRQ
YHUVFKLHGHQHQ'HVNWRS
GHVNWRS DSSOLFDWLRQ[GHVNWRS GHVNWRSILOH
2EHUIOlFKHQXD*120(
.'(
GHY 'HYLFH'ULYHU *HUlWHWUHLEHU
GHYLFH 'HYLFH *HUlWHWUHLEHU$PLJD
0DFLQWRVK
GHZI UHFRUGHGLQVWUXPHQW
6RXQG&DS6RXQG(GLW
=,3'DWHLPLW
GH] '(6=,3
'(69HUVFKOVVHOXQJ
GIG 'DWD)ORZ'LDJUDP*UDSKLF 3URVD
GIL 2XWOLQH)RQWGHVFULSWLRQ 'LJLIRQW
GIO 'HIDXOW3URJUDP6HWWLQJV 6LJQDWXUH
GIP 'HOSKL)RUPXODU
GIP 'DWD)ORZ'LDJUDPPRGHO 3URVD
GIV 6RXQG'DWHL 'HOLJKW
GIY 3ULQWLQJ)RUPYDOXH 0LFURVRIW:RUG
GIZ 'HULYH:RUNVKHHW 'HULYH
GJP 'LJLWDO*HRVSDWLDO0HWDGDWD 'LJLWDOHV*HOlQGHPRGHOO
'DWHLIRUPDWGHU)LUPD
GJQ 0LFURVWDWLRQ&$'GUDZLQJ
%HQWOH\
GJV 'LDJQRVWLFV5HSRUW ±
GK 'HSHQGHQF\,QIRUPDWLRQ *HRZRUNV
GKS *UDSKLF'DWHL 'U+DOR,,,,,3,&)RUPDW
GKW 'DWDILOH *DXVV
&RPSXWHU6XSSRUW
GLD 'LDJUDSK*UDSKLFV
&RUSRUDWLRQ
,OOXVWUDWLRQVSURJUDPPXQG
GLD DSSOLFDWLRQ[GLDGLDJUDP GLD)LOH 80/:HUN]HXJVLHKH'LD
6RIWZDUH
GLE 'HYLFHLQGHSHQGHQWELWPDS *HUlWHXQDEKlQJLJHV%LWPDS
:|UWHUEXFK/RWXV1RWHV
GLF 'LFWLRQDU\ILOH
'RPLQR
'LJLWDO,PDJLQJDQG
GLFP ,PDJLQJDQG&RPPXQLFDWLRQV &RPPXQLFDWLRQVLQ0HGLFLQH
',&20
GLI 'DWD,QWHUFKDQJH)RUPDW 'DWHQEDQN
GLI 'DWDEDVH'DWHL 9LVL&DOF
3DWFKIU6RXUFHFRGHGLH
GLII ± PLWGHP8QL[7RROGLII
HUVWHOOWZXUGHQ
GLJ 'LJLOLQN'DWHL ±
GLJ $XGLR 6RXQG'HVLJQHU,
GLP 'DWDEDVH'DWHL $SSOL[70
GLS *UDSKLFV'DWHL ±
GLU 'LDOLQJ'LUHFWRU\ 3UR&RPP3OXV
GLU DSSOLFDWLRQ[GLUHFWRU 'LUHFWRU\ 9$;'(&
GLU 0DFURPHGLD'LUHFWRU'DWHL ±
GLU 'LUHFWRU0RYLH 0DFUR0LQG'LUHFWRU[
GLV 'LVWULEXWLRQILOH 9$;0DLO
YRQ
GLV 'LVWULEXWLRQILOH 9$;0DLO

GLV 5D\7UDFHUILOH ±
GLV 7KHVDXUXV'DWHL &RUHO'UDZ
GLVDEOHG 'LVDEOHGVWDUWXSILOH ±
GLY[ 'LY;0HGLD)RUPDW 'LY;
GL] 'HVFULSWLRQLQ=,3 %HVFKUHLEXQJLQ=,3
GMY LPDJHYQGGMYX 'M9X 'M9X5DVWHUJUDILNGRNXPHQW
GMYX LPDJHYQGGMYX 'M9X 'M9X5DVWHUJUDILNGRNXPHQW
5D\7UDFHG'.%7UDFH
GNE '.%7UDFH
*UDILN
GO ,PDJH ±
GOF 'RZQORDG/LQN&RQWDLQHU -'RZQORDGHU
GOG 'DWDILOH /RWXV
GOJ &'LDORJXH6FULSW ±
DSSOLFDWLRQRFWHWVWUHDPDSSOLFDWLRQ[ ]XU/DXI]HLWOLQNEDUH
GOO '\QDPLF/LQN/LEUDU\
PVGRZQORDG %LEOLRWKHN:LQGRZV26
GOV 'RZQORDGDEOHVRXQG ±
GOV ,QWHUDFWLYHPXVLFDUFKLWHFWXUH ,0$0LFURVRIW%ORRG
GOV 6HWXS'DWHL 1RUWRQ'LVN/RFN
GP 'HPR 4XDNH$UHQD
GPG GDWDPRGXOH 9LVXDOG%$6(
GPI 'LVN,PDJH $PLJDNRPSULPLHUW
GPI PXVLFPRGXOH 02';7UDNNHU
'DWHLDUFKLY'DWHLV\VWHP
GPJ DSSOLFDWLRQRFWHWVWUHDP 'LVN,PDJH
$EELOGIU0DF26;
GPR 'HPR 'HULYH
GPS 'XPSILOH 6FUHHQRU0HPRU\
GPV DSSOLFDWLRQRFWHWVWUHDP $PLJD',6.0$6+(5 .RPSULPLHUWHV'DWHLDUFKLY
9LGHRGDWHLIRUPDWIU
GPY '26*:9LGHRGDWHL
'26*:
]XU6SHLFKHUXQJYRQ)RWRV
DOV5RKGDWHQLQ
GQJ 'LJLWDOHV1HJDWLY
'LJLWDONDPHUDV$GREH
6\VWHPV
GR 4XHOOFRGH'DWHL 6WDWD
GRE 8VHUGRFXPHQW 9LVXDO%DVLF
GRF 'RFXPHQW (LQIDFKHU7H[W
,%03&7H[W
GRF 'RFXPHQW
7H[WYHUDUEHLWXQJ
GRF 'RFXPHQW ,QWHUOHDI
)UDPH0DNHURGHU
GRF 'RFXPHQW
)UDPH%XLOGHU
0LFURVRIW:RUG'RNXPHQW
GRF DSSOLFDWLRQPVZRUG 'RFXPHQW
7H[WYHUDUEHLWXQJ
:RUG3HUIHFW'RNXPHQW
GRF 'RFXPHQW
7H[WYHUDUEHLWXQJ
:RUG6WDU'RNXPHQW
GRF 'RFXPHQW
7H[WYHUDUEHLWXQJ
'RF%RRN'RNXPHQW
GRFERRN
YRQ
'RF%RRN'RNXPHQW
GRFERRN
'HVNWRSSXEOLVKLQJ
0LFURVRIW:RUG
DSSOLFDWLRQYQGRSHQ[POIRUPDWV
GRF[ :RUG;0/'RFXPHQW 'RNXPHQW
RIILFHGRFXPHQWZRUGSURFHVVLQJPOGRFXPHQW
7H[WYHUDUEHLWXQJ
0LFURVRIW:RUG
DSSOLFDWLRQYQGPV :RUG;0/'RFXPHQW
GRFP 'RNXPHQWPLW0DNURV
ZRUGGRFXPHQWPDFUR(QDEOHG ZLWK0DFURV
7H[WYHUDUEHLWXQJ
0RGHOOGDWHLGHV
GRH $UHQD0RGHO'RFXPHQW 6LPXODWLRQVWRROV$UHQD
5RFNZHOO6RIWZDUH
GRJ /DXJKLQJ'RJ %LOGVFKLUPVFKRQHU
GRK 'HSHQGHQF\,QIRUPDWLRQ *HRZRUNV
GRV ([WHUQDO&RPPDQGILOH VW5HDGHU
GRV 1HWZRUN'ULYHUILOH 3.7B',6GRV
GRV ± '267H[WGDWHL
/RFDO!8QLFRGH7UDQVODWRU
GRV 1RYHOO1HW:DUH
IRUFRGHSDJHV
GRW /LQH7\SHGHILQLWLRQ &RUHO'UDZ
0LFURVRIW
GRW DSSOLFDWLRQPVZRUG 'RFXPHQW7HPSODWH :RUG'RNXPHQWYRUODJH
7H[WYHUDUEHLWXQJ
GR[ ± 0XOWL0DWH[7H[WGDWHL
GR[ 8VHUGRFXPHQWELQDU\IRUP 9LVXDO%DVLF
GR] 'HVFULSWLRQRXWRI=LS 9(1',1)2
GS .DOHQGHU 'DLO\3ODQQHU
GS 'DWD3KLOH ±
GSJ 0RRQVKHOO039LGHR +RPHEUHZ1LQWHQGR'6
GSO SDFNHGOLEUDU\ %RUODQG'HOSKL
GSU 'HOSKL3URMHNW
GSU 3URMHFWKHDGHU %RUODQG&
GSW 3XEOLFDWLRQILOH 3XEOLVK,W
GU 'LUHFWRU\ILOH ±
2EMHNWEDVLHUWHV9HNWRUELOG
GUDZ GUDZLQJ
GHU)LUPD$FRUQ
2UFDG6FKHPDWLF&DSWXUH
GUF 'HVLJQUXOHVFKHFN
5HSRUWGDWHL
GUV 'LVSOD\5HVRXUFH'DWHL :RUG3HUIHFWIU:LQGRZV
GUW '5HSRUW7HPSODWH '5HSRUW(GLWRU
GUY 'HYLFH'ULYHU *HUlWHWUHLEHU
GUZ /RWXV)UHHODQFH,PDJH *UDILN
GUZ 3UR(GUDZLQJ *UDILN
0LFURJUDI['HVLJQHUELV
GUZ 0LFURJUDI['UDZLQJ
9[
=HLFKQXQJVYRUODJH
GUZGRW 'UDZLQJ7HPSODWH
6ROLG:RUNV&$'
GU] '5HSRUW'RNXPHQW '5HSRUW(GLWRU
GV 'HVLJQHU 0LFURJUDI['HVLJQHU9[
GVF 'LVFDUGILOH 2UDFOH
GVG 'DWDEDVHILOH 'DWD6KDSHU
YRQ
GVG 'DWDEDVHILOH 'DWD6KDSHU

GVI 'HVLJQHUILOH 0LFURJUDI['HVLJQHU9[
GVJ 'RR0VDYHGJDPH ±
*HUlWHWUHLEHULQGHU'LVN
'ULYH)XQFWLRQDO
GVN 'LVN 6SHFLILFDWLRQ'')6
$UFKLWHNWXUYRQ1RYHOO
1HW:DUH
GVN 3URMHFW'HVNWRSILOH %RUODQG&7XUER3DVFDO
GVP 'LJLWDO6RXQG0RGXOH '6,
GVP 'LUHFW6KRZ0HGLD ±
'\QDPLF6WXGLRPXVLF
GVP 02'
PRGXOH
GVP 0XVLFPRGXOHILOH '6,.
GVQ 'HVLJQ 2EMHFW6\VWHP'HVLJQHU
GVQ 2'%&'DWDVRXUFH ±
GVQ 6FKHPDWLF'DWHL 2UFDG6FKHPDWLF&DSWXUH
GVS 'LVSOD\SDUDPHWHUV 6LJQDWXUH
GVS *UDSKLFV'LVSOD\GULYHU 'U+DOR
GVS 'HYHORSHU6WXGLRSURMHFW 0LFURVRIW'HYHORSHU6WXGLR
GVT &RUHO48(5< ±
GVU 'ULYHU5HVRXUFH :RUG3HUIHFWIU:LQGRZV
GVU $FWLYHGHVLJQHUILOH 9LVXDO%DVLF
GVV 'LJLWDO6RXQGILOH 'LJLWDO6RXS
GVV 6FUHHQVDYHU'DWHL '&&
GVW 'LVWULEXWLRQILOH 3&5'LVWE\3\]]R
7DMLPD'*0/E\3XOVH
GVW GLJLWDOVWLWFKLQJ7DMLPD
PDVFKLQHQOHVEDU
GVZ 'HVNWRSVHWWLQJV %RUODQG&
GVZ ZRUNVSDFH'DWHL 0LFURVRIW'HYHORSHU6WXGLR
GV[ $FWLYHGHVLJQHUELQDU\ 9LVXDO%DVLF
+70/(UZHLWHUXQJVGDWHL
GHU76KRRWHU+LOIHLQGHU
KWP+LOIHGDWHL
GV] ± KlQJWPLW7URXEOHVKRRWHUOLVWH
V+./0?6:?0LF?76KRRW
?7URXEOHVKRRWHUOLVW
]XVDPPHQ
GWD 'DWDILOH 7XUER&
GWD 67$56GDWD :RUOG%DQN67$56'DWHQ
WHPSRUlUH'DWHL]XU
=ZLVFKHQVSHLFKHUXQJYRQ
GWDSDUW 'RZQ7KHP$OO6HJPHQWGDWHL
'RZQORDGVHJPHQWHQ]ZHFNV
'RZQORDGEHVFKOHXQLJXQJ
GWG DSSOLFDWLRQ[POGWG 'RFXPHQW7\SH'HILQLWLRQ 6*0/;0/6SH]LILNDWLRQ
GWHG 'LJLWDOWHUUDLQHOHYDWLRQGDWD *HRJUDSKLVFKH'DWHQ
GWI 'DWHQEDQN /RWXV1RWHVWHPSRUlUHV)LOH
GWI 'DWHQEDQN 3)64XHVWLRQV $QVZHUV
6\PDQWHF4 $UHODWLRQDOH
GWI 'DWHQEDQN
'DWHQEDQN
YRQ
'DWHQEDQN
GWP 0RGXOH'DWHL 'LJL7UDNNHU
GWS 'HVNWRSOD\RXWILOH 6HFXU'HVN6HFXU'HVN/9
GWS 9RUODJH 3UHVVZRUNV
GWS 7H[W'RFXPHQW 7LPHZRUNV3XEOLVKHU[
GWB 'DWHQ)RUN 0DFLQWRVK
([SRUWLHUWH
GXQ 'LDOXS1HWZRUNLQJ
')h1HW]ZHUNGDWHL
GXS 'XSOLFDWH %DFNXS
GY YLGHR[GY 'LJLWDOYLGHR 0,0(
GYF 'DWDILOH /RWXV
'9',PDJHIRUPDWYRQ
GYG ±
&ORQH&'
GYI ± '96WXGLRIU&DPFRUGHU
GYL DSSOLFDWLRQ[GYL 'HYLFH,QGHSHQGHQW 7H;
'HVTYLHZ3URJUDP
GYS '(64YLHZ
LQIRUPDWLRQ
GYS 'HYLFHSDUDPHWHUILOH $XWR&$'
GZ 'UDZLQJ'DWHL 'HVLJQ&$'IU:LQGRZV
GZF ± .RPSULPLHUWHV'DWHLDUFKLY
GZG 'LDPRQG:DUHGLJLWL]HG ±
0LFURVRIW:+,3DXWR&$'
GZI 'UDZLQJ:HEILOH
UHDGHU
GZI 9HFWRUJUDSKLF $XWRGHVN&$'
GZJ 'UDZLQJ $XWR&$''RNXPHQW&$'
GZS 'RNXPHQW 'H6FULEH
GZV :RUNVSDFH'DWHL '\DGLF
$XWR&$'9RUODJHGRNXPHQW
GZW 'UDZLQJ7HPSODWH
&$'
GZWLII 'RFX:DUH'RNXPHQW
G[ 'LJLWDO(OHFWULF&RUSRUDWLRQ '(&'DWDH[FKDQJH'DWHL
G[I 'DWD([FKDQJHILOH ±
G[I 'UDZLQJ,QWHUFKDQJH)RUPDW &$'
G[Q )D[GRFXPHQW )XMLWVXGH[1HW
0DFURPHGLD'LUHFWRU
G[U DSSOLFDWLRQ[GLUHFWRU QLFKWYHUlQGHUEDUHU)LOP
SURWHFWHG
.RPSULPLHUWH'LUHFW
G[W 'LUHFW;7H[WXUH
;7H[WXU
3URJUDPPELEOLRWKHN6KDUHG
G\OLE '\QDPLF/LEUDU\
2EMHFWXQWHU0DF26;
G\Q 'DWDILOH /RWXV
YRQ
/LVWHYRQ'DWHLHQGXQJHQ(±:LNLSHGLD KWWSVVHFXUHZLNLPHGLDRUJZLNLSHGLDGHZLNL/LVWHBYRQB'DWHLHQGXQ
'DWHLHQGXQJ 0,0(7\SHV 9ROOVWlQGLJHU1DPH %HPHUNXQJHQ9HUZHQGXQJ

&RYHUDJH
H $UF,QIR
([SRUW'DWHL
H ([FKDQJH'DWHL $UF,QIR
GLPHQVLRQDOH9HNWRUJUDSKLNGHVLQ
HG (GLWRU''DWHL
-)LUHHQWKDOWHQHQ(GLWRUV
HG (OHFR'2EMHFW
HP (PHUJHQF\0LVVLRQ &RQWDLQHUGDWHLYRQ(PHUJHQF\
.XUVSURJUDPP'DWHLHQGHV
HDV\/($51$XWRU
HDS HDV\/($51$XWRUHQ6\VWHPV6'1
.XUVSURJUDPP
$*
(QWHUSULVH$UFKLWHFW
HDS
3URMHNW
-DYD-((6SH]LILNDWLRQEQGHOW
(QWHUSULVH
HDU YHUVFKLHGHQH'DWHLHQXQG$UFKLYHPLW
$SSOLFDWLRQ$UFKLYH
&RGHXQG.RQILJXUDWLRQ
HDVP H'UDZLQJV)LOH 6ROLG:RUNV&$'
$30RGHOOEDKQ
HEG $30RGHOOEDKQ
'DWHQGDWHL
(UURU&KHFNLQJ
HEM *HRZRUNV
2EMHFW'DWHL
2UDFOH([SUHVV HU]HXJWYRQHLQHP2UDFOH([SUHVV
HFH
'\QDPLF:HE3DJH $SSOLFDWLRQ6HUYHU(UVDW]IU3+3
(QKDQFHG
*UDILN'DWHLPLWHLQHP-3(*
HFZ &RPSUHVVHG:DYHOHW
YHUZDQGWHQ.RPSUHVVLRQVDOJRULWKPXV
)LOH
HG
('0,&6LPDJH ('0,&6LPDJH
HG
HGD $65GLVNLPDJH (QVRQLT
HGE *HQHRORJLFDOGDWD 52276
(OHPHQW'HILQLWLRQ
HGG )UDPH0DNHU6*0/GRFXPHQWV
GRFXPHQW
HGH (36GLVNLPDJH (QVRQLT
HGI XQEHN 0DFURFRP2QOLQH.FKHQSODQHU
([HUFLVHV
%HVFKUHLEXQJVVSUDFKHIU)UDJHPRGXOH
HGO 'HYHORSHPHQW
EHL(OHDUQLQJ.XUVHQ
/DQJXDJH
HGN .7GLVNLPDJH (QVRQLT
6464.6GLVN
HGT (QVRQLT
LPDJH
HGUZ H'UDZLQJV)LOH 6ROLG:RUNV&$'
YRQ
HGUZ H'UDZLQJV)LOH 6ROLG:RUNV&$'

HGV 64GLVNLPDJH (QVRQLT
HGW 'HIDXOWVHWWLQJV 9$;(GWHGLWRU
HGY 9);6'GLVNLPDJH (QVRQLT
(TXDWLRQHGLWRU
HHE :RUG3HUIHFWIU:LQGRZV
%XWWRQ%DU
HID $65'DWHL (QVRQLT
HIH (36'DWHL (QVRQLT
'DWHLIRUPDW]XU6SHLFKHUXQJYRQ
HIJ 1RUPDO)RUP*DPH
([WHQVLYIRUPVSLHOHQPLWWHOV*DPELW
HIN .7'DWHL (QVRQLT
HIT 6464.6'DWHL (QVRQLT
HIV 64'DWHL (QVRQLT
+LJK5HVROXWLRQ
HIW &KL:ULWHU
6FUHHQ)RQW
HIY 9);6''DWHL (QVRQLT
HI[ )D[GRNXPHQW (ID[5HDGHU(YHUH[()D[
HIZ " 8PEHQDQQWH=,3'DWHL
HJD (*$'LVSOD\IRQW 9HQWXUD3XEOLVKHU
HLW " 3URMHNW'DWHLIU([FHOVLRU,QVWDOOHU
HO WH[W[VFULSWHOLVS /LVS6RXUFHFRGH (PDFV
DSSOLFDWLRQ[
HOF E\WHFRGHHOLVS /LVS6RXUFHFRGH /LVS%\WHFRGH
DSSOLFDWLRQ[HOF
([HFXWDEOHDQG
HOI
/LQNLQJ)RUPDW
HOP 7KHPH3DFN'DWHL 0LFURVRIW)URQW3DJH
HOW (YHQW/LVW7H[W 3URVD
(PEHGGHGEDQN
HPE (YHUHVW
'DWHL
$%7([WHQGHG
HPG ±
0R'XOH
:LQGRZV(QKDQFHG
HPI LPDJH[HPI *UDILNIRUPDWIU9HNWRUJUDILNHQ
0HWDILOH
0LFURVRIW2XWORRN([SUHVVPDLO
DSSOLFDWLRQPER[
HPO (0DLO PHVVDJH0,0(5)&
PHVVDJHUIF

'DWHLIRUPDWHLQHU(0DLOYRQ$SSOH
HPO[ (0DLO
0DLO
HPP 0LQGPDS 0LQG0DQDJHU6PDUW
(QKDQFHG0HQX
HPV 3&7RROV.RQILJXUDWLRQVGDWHL
6\VWHP
'DWHLIRUPDWGHU)LUPDSL$QDO\VLV
HPV (06$)RUPDW
,QFIU(';6SHNWUHQ
YRQ
7HUPLQDO(PXODWLRQ
HPX %,7&20
'DWHL
&RPSUHVVHG
HP] LPDJH[HPI HPI=,3NRPSULPLHUW
(QKDQFHG0HWDILOH
HQF (QFRGHG'DWHL 88(1&2'(G'DWHL/RWXV
HQF 0XVLN'DWHL (QFRUH
HQF 9LGHR'DWHL ±
$UURZ+HDG
HQG &RUHO'UDZ
'HILQLWLRQ7DEOH
HQII 1HXWUDO)RUPDW ±
HQJ &KDUW*UDSKLFV'DWHL (QHU*UDSKLFV
'LFWLRQDU\(QJLQH
HQJ 6SULQW
'DWHL
HQV (QG1RWH6WLO'DWHL (QG1RWH
HQY DSSOLFDWLRQ[HQYR\ (QYHORSHU0DFUR :235
HQY (QYLURQPHQW'DWHL :RUG3HUIHFWIU:LQGRZV
HSG 3XEOLFDWLRQ'DWHL ([SUHVV3XEOLVKHU
([WHQGHG3RVLWLRQ
HSG 6FKDFKSURJUDPPH
'HVFULSWLRQ
(QKDQFHG
HSKWPO ±
3HUOSDUVHG+70/
HSL 'RNXPHQW ([SUHVV3XEOLVKHU
HSS *UDILNIRUPDW (DV\3KRWR3ULQWYRQ&DQRQ
HSUW H'UDZLQJV)LOH 6ROLG:RUNV&$'
(QFDSVXODWHG 6FKULIWVFKQLWWH9HNWRUJUDILNHQ
HSV DSSOLFDWLRQSRVWVFULSW
3RVW6FULSW XQGRGHU5DVWHUJUDILNHQ
(QFDSVXODWHG 6FKULIWVFKQLWWH9HNWRUJUDILNHQ
HSVI DSSOLFDWLRQSRVWVFULSW
3RVW6FULSW XQGRGHU5DVWHUJUDILNHQ
HSV DSSOLFDWLRQSRVWVFULSW /HYHO(36 ±
HSVL (36,QWHUFKDQJH ±
(38%$NURQ\PIU
HSXE DSSOLFDWLRQHSXE]LS HOHFWURQLF (38%(%RRNV
SXEOLFDWLRQ
HTQ (TXDWLRQ'DWHL :RUG3HUIHFWIU:LQGRZV
HU (5:LQ'DWHL ±
(QWLW\5HODWLRQVKLS
HUG 3URVD
'LDJUDP
(QWLW\5HODWLRQVKLS
HUP 3URVD
0RGHO
HUU (UURU/RJ
&RPSLODWLRQHUURU
HUU 0LFURVRIW9LVXDO)R[3UR5RER+(/3
'DWHL
HU[ (5:LQ'DWHL ±
YRQ
HVK ([WHQGHG6KHOO%DWFK '26

'LVWULEXWDEOHVXSSRUW
HVO 0LFURVRIW9LVXDO)R[3UR
OLEUDU\
HVP (OGHU6FUROOV0DVWHU 0RUURZLQG2EOLYLRQ)DOORXW
HVS (OGHU6FUROOV3OXJLQ 0RUURZLQG2EOLYLRQ)DOORXW
HVSV (636DXGLR'DWHL ±
(%;7UDQVIHU'DWD
HWG $GREH)LOHIU(%RRNV
)LOH
HWK 'RNXPHQW (WKQRJUDSK[
6WUXFWXUH(QKDQFHG
HW[ WH[W[VHWH[W 6HW7H[W
WH[W
(63FRPSDFWHGGLVN
HXL (QVRQLT
LPDJH
HYW (YHQW/RJ 0LFURVRIW:LQGRZV17
HY\ 'RNXPHQW :RUG3HUIHFWIU:LQGRZV(QYR\
HZG 7H[W'RFXPHQW ([SUHVV3XEOLVKHUIU:LQGRZV
0LFURVRIW(QFDUWD
HZO ±
GRFXPHQW
H[ 'HYLFH'ULYHU'DWHL +DUYDUG*UDSKLFV[
([FOXGH'DWHLIU
H[F QLFKW]XU9HUDUEHLWXQJJHGDFKW4(00
2SWLPL]H
([FOXVLRQ'LFWLRQDU\
H[F 0LFURVRIW:RUG
'DWHL
H[F 6RXUFH&RGH'DWHL 5H[[90&06
H[H DSSOLFDWLRQRFWHWVWUHDP ([HFXWDEOH $XVIKUEDUH'DWHL:LQGRZVXQG'26
H[HF ]265(;;/LEUDU\ 3'6PLW5(;;3URJUDPPHQ
H[S 6DYHGFKDW ,&4
H[U 2SHQ(;5 +'5%LOGGDWHL
H[W $6&,,ELQDU\WUDQVIHU :6B)73352,36:,7&+6RIWZDUH
H[W (;7,PDJH 'DWHLV\VWHPDEELOG
H[W (;7,PDJH 'DWHLV\VWHPDEELOG
(GLI\(OHFWURQLF:RUNIRUFH%DFNXS
H]S (GLI\]LS
8WLOLW\
YRQ
/LVWHYRQ'DWHLHQGXQJHQ)±:LNLSHGLD KWWSVVHFXUHZLNLPHGLDRUJZLNLSHGLDGHZLNL/LVWHBYRQB'DWHLHQGXQ

I )5((=( .RPSULPLHUWHV'DWHLDUFKLY
WH[WSODLQWH[W[
IE]Z) )2575$1 )RUWUDQ4XHOOFRGH
IRUWUDQ
I )D[GRFXPHQW 3HUIHFW)D[
IE]Z
)RUWUDQ )RUWUDQ4XHOOFRGH
)
I±I 'RVVFUHHQWH[WIRQW +|KH ±3L[HO
IU /LQHDUPXVLFPRGXOH )DUDQGROH
IU %ORFNHGPXVLFPRGXOH )DUDQGROH
I WH[W[IRUWUDQ )2575$1 )2575$14XHOOFRGH
IE]Z WH[WSODLQWH[W[
) IRUWUDQ
IE]Z
)
I )D[GRNXPHQW )UHFRP)$;
HLQHGHUKlXILJYHUZHQGHWHQ
ID )DVWD)RUPDW 'DWHLHQGXQJHQ'1$RGHU
3URWHLQ6HTXHQ]
IDF )DFHJUDSKLF ±
IDT )UHTXHQWO\$VNHG4XHVWLRQV +lXILJJHVWHOOWH)UDJHQ
IDU )DUDQGROH
)DUDQGROH&RPSRVHUV
IDV %DVLFPRGXOH'DWHL ')DVVDGH3OXV
IDY 1DYLJDWLRQEDU 0LFURVRIW2XWORRN
§7,))7,)UVS 7HOHIDNVLPLOLH7HOHID[GDKHU
ID[ )$;7\SH,PDJH
%7)%LJ7,)>)@" ZRKODXFKGHU1DPH)$; ID[
5HSRUW'DWHLYRQ9HULWDV
ID[ ±
%DFNXS([HF
(LQRIIHQHVDXI;0/EDVLHUHQGHU
IE )LFWLRQ%RRN
(%RRN)RUPDW
0R]LOOD)LUHIR[/HVH]HLFKHQ
IEII )DYRULWH%DFNXS'DWHL
%DFNXS
,QWHUQHW([SORUHU/HVH]HLFKHQ
IELH )DYRULWH%DFNXS'DWHL
%DFNXS
0LFURVRIW'\QDPLFV1$9
IEN )LQDQFLDOV%DFNXS 1DYLVLRQ)LQDQFLDOV1DWLYH
%DFNXS
IERS )DYRULWH%DFNXS'DWHL 2SHUD/HVH]HLFKHQ%DFNXS
IE[ '$XVWDXVFKIRUPDW $XWRGHVN0D\D'6WXGLR0$;
YRQ
IE[ '$XVWDXVFKIRUPDW $XWRGHVN0D\D'6WXGLR0$;

IF 6SHOO&KHFNGLFWLRQDU\ +DUYDUG*UDSKLFV
IFG 9LUWXDO&'520'DWHL ±
IFP %LQDU\'DWHLSDWFK )RUZDUG&RPSUHVVLRQ
IG 'HFODUDWLRQ'DWHL )2575$1
IG )LHOGRIIVHWV 'DWD)OH[&RPSLOHU
0LFURVRIW'\QDPLFV1$9
IGE )LQDQFLDOV'DWDEDVH 1DYLVLRQ)LQDQFLDOV1DWLYH
'DWDEDVH
IGE IRQWGHILQLWLRQEORFN 6FKULIWHQELEOLRWKHNIU0LQJ
IGI DSSOLFDWLRQYQGIGI )RUPXODU $GREH$FUREDW
IGZ )RUPXODU )'HVLJQDQG0DSSLQJ
IHE )LJXUH(GLWRU%XWWRQ%DU :RUG3HUIHFWIU:LQGRZV
IHP )LQLWH(OHPHQW0HVK &$'5(
IHT WH[WSODLQ )UHTXHQ] (TXDOL]HU3UHVHWVLQIRREDU
II 2XWOLQH)RQWGHVFULSWLRQ $*)$&RPSX*UDSKLFV
IID ILQGIDVW'DWHL 0LFURVRIW
III )D[GRFXPHQW GHI)D[
III *863Q3EDQN'DWHL ±
IIO ,PDJH'DWHL 3ULQW0DVWHU*ROG
IIO IDVWILQG'DWHL 0LFURVRIW
IIR IDVWILQG'DWHL 0LFURVRIW
IIW )LQDO)RUP7H[W 7HLOYRQ,%0'&$
II[ IDVWILQG'DWHL 0LFURVRIW
IK )UHHKDQGGUDZLQJ 9HFWRUJUDSKLF$OGXV
IK )UHHKDQGGUDZLQJ 9HFWRUJUDSKLF$OGXV
IK )UHHKDQGGUDZLQJ 9HFWRUJUDSKLF0DFURPHGLD
IKP[ )UHHKDQG0; 9HFWRUJUDSKLF$GREH
IL 'DWHL,QWHUIDFH )2575$1
DSSOLFDWLRQIUDFWDOV
ILI )UDFWDO,PDJH ±
LPDJHILI
ILJ 5(1'$95,/'DWHL ±
9HNWRU]HLFKQXQJHQGHV
ILJ ),*LPDJHWH[W
3URJUDPPV;ILJ
'XPSHLQHV1LQWHQGR61(6
6SLHOVPLW3UR)LJKWHU+HDGHU
ILJ 61(6520LPDJH
YRQ
6SLHOVPLW3UR)LJKWHU+HDGHU
ILJ 61(6520LPDJH
]XU9HUZHQGXQJLQHLQHP
(PXODWRU
ILO 'DWHL/LVW2EMHFW G%DVH$SSOLFDWLRQ*HQHUDWRU
ILO 'DWHLWHPSODWH $SSOLFDWLRQ*HQHUDWRU
ILO 2YHUOD\ :RUG3HUIHFWIU:LQGRZV
9RQ1RYHOO6Q$SS6KRW
XPEHQDQQWH4XHOOGDWHLGLHPLW
ILO ILOH 1RYHOO=(1ZRUNV
6RIWZDUHYHUWHLOXQJYHUWHLOW
ZHUGHQVROO
'DWHLGLHYRQ$9*LQGDV
ILO ILOH
9LUXV9DXOWYHUVFKREHQZXUGH
ILQ 3ULQWIRUPDWWHGWH[W 3HUIHFW:ULWHU
ILW 'DWHLLQGH[WDEOH 0LFURVRIW:LQGRZV17
ILW *UDSKLF ),76
ILWV &&'FDPHUDLPDJH ),76
ILWV )OH[LEOH,PDJH7UDQVSRUW6\VWHP ),76
IL[ 3DWFK'DWHL *HQHULF
*HRUHIHUHQ]LHUEDUHV
IL[ )L[LPDJH
5DVWHUELOGIRUPDW
IN\ 0DFUR 0LFURVRIW)R[3UR
IOD 0RYLH $GREH)ODVK
IUHLHVYHUOXVWIUHL
IOD
)UHH/RVVOHVV$XGLR&R'HF NRPSULPLHUHQGHV$XGLR)RUPDW
IODF
2JJ&R'HF)DPLOLH
IOE )RUPDWOLEUDU\ 3DS\UXV
$XWRGHVN$QLPDWRU$XWRGHVN
IOF )/,&DQLPDWLRQ
'6WXGLRVLHKHDXFKIOL
IOG )LHOGGHILQHPRGXOH ')DVVDGH3OXV
IOG )ROGHU &KDULVPD
IOI 'HOLYHGIRUP &RUHO3DUDGR[
IOI 'ULYHU 267UHLEHU
IOI )LQDQFLDOV/LFHQVH)LOH 0LFURVRIW'\QDPLFV1$9
$XWRGHVN$QLPDWRUVLHKHDXFK
IOL YLGHR[IOLYLGHRIOL )/,&$QLPDWLRQ[
IOF
IOL )RQWOLEUDU\ (P7H;
IOO G\QDPLFOLQNOLEUDU\ 0LFURVRIW9LVXDO)R[3UR
IOP )LOP5ROO $XWR&$'
IOR LPDJHIORULDQ )ORZ&KDUWHU'DWHL 0LFURJUDI[
IOS )ORZHU3URMHFW/HHFKHUGDWHL )/3/HHFKHU
IOV )LOHOLVWGRFXPHQW )DUUXNK,PSRVLWLRQ3XEOLVKHU
IOVW 7UDQVSDUHQ]UHGX]LHUXQJVYRUJDEH $GREH,Q'HVLJQ
IOW )LOWHU &RUHO
YRQ
IOW )LOWHU &RUHO

IOW )LOWHU 0LFURJUDI[3LFWXUH3XEOLVKHU
IOW *UDSKLFVILOWHU 0LFURVRIW
IOW *UDSKLFVILOWHUVXSSRUW'DWHL $V\PHWUL[7RRO%RRN
IOW 0XVLFPRGXOH 02'6WDU7UHNNHU
IOW 2SHQ)OLJKW'DWHL 0XOLW*HQ
IOY YLGHR[IOY )ODVK9LGHR $GREH
IOZ 'RNXPHQW/HLWXQJVPHVVXQJ )UHHODQFH
IO[ WH[WYQGIPLIOH[VWRU &RPSLOHGELQDU\'DWHL 'DWD)OH[
IP )UDPH0DNHU'RFXPHQW $GREH
IP 6SUHDGVKHHW )LOH0DNHU3UR
IP 6SUHDGVKHHW /RWXVYHUVLRQ[
IP 'HYLFHGULYHU +DUYDUG*UDSKLFVYHUVLRQ
IP 6SUHDGVKHHW /RWXVYHUVLRQ[
IPE )RUPVVRXUFHV 2UDFOHY[XQGQHXHU
IPE 'DWHL0DQDJHUEXWWRQEDU :RUG3HUIHFWIU:LQGRZV
IPH )0($'DWHL ,4)0($IU:LQGRZV
YLGHR[DWRPLFG
IPI )RQWRGHU,FRQ ,%0/LQN:D\
IHDWXUH
IPN 0DNH)LOH )2575$13RZHU6WDWLRQ
IPO 0LUURUOLVW 2UDFOH
IPR &RPSLOHGIRUPDW G%DVH,9
IPS 'RFXPHQW'DWHL )LOH0DNHU3UR
IPW &VUHHQIRUPDW'DWHL 0LFURVRIW9LVXDO)R[3UR
IPW 3ULQW'DWHL 0LFURVRIW6FKHGXOH
IPW 6W\OHVKHHW 6SULQW
IPW 7H[WIRUPDWIU)RUP 2UDFOHY[XQGQHXHU
2UDFOHY[XQG
IP[ ([HFXWDEOHIRUP
QHXHU)LOH0DNHU([WHQVLRQ
IQ )RQW +DUYDUG*UDSKLFV
0LFURVRIW([SORUHUJHVSHLFKHUWH
IQG )LQGDSSOHW
6XFKH
IQI 1RWHQGDWHLIU)RUWH)UHH
IQJ )RQWJURXS )RQW1DYLJDWRU
IQN )XQN7UDFNHU
)XQN7UDFNHU
IQW )RQW 6FKULIWVFKQLWWH
IQ[ ,QDFWLYHIRQW ([DFW
I2
)RQW %RUODQG7XUER&
I
IRJ )RQWRJUDSKHUIRQW ±
IRO 6DYHGPHVVDJHIROGHU VW5HDGHU
YRQ
IRO 6DYHGPHVVDJHIROGHU VW5HDGHU

IRQ &DOOORJ 3URFRPP3OXV
IRQ 'LDOLQJGLUHFWRU\ 7HOL[
IRQ )RQW %LWPDS6FKULIWVFKQLWWH
IRQW )RQW =HLFKHQVDW]$PLJD
IRU )RUP :LQGRZ%DVH
IRUE]Z WH[WSODLQWH[W[
)2575$1 )2575$14XHOOFRGH
)25 IRUWUDQ
IRW )RQWUHODWHG'DWHL ±
IRW ,QVWDOOHG7UXH7\SHIRQW 0LFURVRIW:LQGRZV)RQW,QVWDOOHU
IS )R[3UR .RQILJXUDWLRQVGDWHL
IS )LOH0DNHU3UR'DWHL ±
0LFURVRIW:LQGRZV[
IS )O\LQJ3LJV
%LOGVFKLUPVFKRQHUGDWHQ
IS )LOH0DNHU3UR'DWHL )LOH0DNHU3URY 'RNXPHQW
IS )LOH0DNHU3UR'DWHL )LOH0DNHU3URY'RNXPHQW
IS )LOH0DNHU3UR'DWHL )LOH0DNHU3URY'RNXPHQW
ISF &DWDORJ'DWHL )R[3UR
ISO 3OD\OLVWHQ'DWHL )RREDU
ISW )LOH0DNHU3UR'DWHL ±
ISW 0HPRILHOGV 0LFURVRIW)R[3UR
ISZ )ORRUSODQGUDZLQJ )ORRU3ODQ3OXVIU:LQGRZV
LPDJHYQGIS[
IS[ .RGDN)ODVK3L[ )ODVK3L[
LPDJHYQGQHWIS[
IU 5HQDPHGG%DVH,,,IRUP G%DVH,9
IUI )RQW )RQW0RQJHU
IUJ 8QFRPSLOHGUHSRUW G%DVH,9
IUN =LS 0DFLQWRVK
IUP 'RNXPHQW )UDPH0DNHURGHU)UDPH%XLOGHU
IUP ([HFXWDEOH'DWHL 2UDFOHYXQGYRUKHU
IUP )RUPXODU4XHOOGDWHL 'HOSKL)RUPXODUTXHOOFRGH
IUP )RUPXODU4XHOOGDWHL 9LVXDO%DVLF)RUPXODUTXHOOFRGH
IUP 0HUJHIRUP :RUG3HUIHFWIU:LQGRZV
IUP 6\PERO5HSRUW 'DWD&$'
IUR &RPSLOHGUHSRUW G%DVH,9
IUS )RUPXODU 3HU)RUP3523OXV
IUV 6FUHHQ)RQW5HVRXUFH :RUG3HUIHFWIU:LQGRZV
IUW 5HSRUWPHQX )R[3UR
IU[ )RUPVWDVK'DWHL 9LVXDO%DVLF
IU[ 5HSRUW 0LFURVRIW)R[3UR
)LVWHLQH)XQNWLRQDOH
YRQ
)LVWHLQH)XQNWLRQDOH
3URJUDPPLHUVSUDFKHYRQ
IV )
0LFURVRIWIUGDV1(7
)UDPHZRUN
IVI I3ULQW$XGLW7RRO ±
%RUGHUODQG&RUHO3DUDGR[IU
IVO )RUPXODU
:LQGRZV
IVP 6DPSOH'DWHL )DUDQGR\OH
IVW /LQNDEOHSURJUDP G%)DVW
IV[ 'DWD /RWXV
IV\ )6\QF'RFXPHQW )LOH6\QF)LOH6\QFURQLVHU
HQWKlOW$EJOHLFKLQIRUPDWLRQHQ
.HHS,Q6\QF IUGLH
IV\QF
$EJOHLFKLQIRUPDWLRQHQ 'DWHLV\QFKURQLVDWLRQVVRIWZDUH
.HHS,Q6\QF
IW )XOOWH[WLQGH[ /RWXV1RWHV
IWE ,QGH['DWHL 5RRWV
$6&OLHQW6HUYHU
IWI ±
.RQILJXUDWLRQ
IWJ IXOOWH[WVHDUFKJURXS 0LFURVRIW:LQGRZV+LOIH
6SHLFKHUIRUPDWIU)LOPH.DQQ
IWO )LOP7UDQVIHU/RJ ]%PLW9,'&$3HU]HXJW
ZHUGHQ
=XU/DXI]HLWHU]HXJWHV
IWO )RUPXODU7HPSRUDU\ WHPSRUlUHV)RUPXODUHLQHU
3DUDGR['DWHQEDQN
IWP )RQW 0LFURJUDI[
IWS )LOH7UDQVIHU3URWRFRO )736FULSW
IWU ± *UDSKLNGDWHL
IWV IXOOWH[WVHDUFKLQGH[ :LQGRZV+LOIH
IWV ± ),76
IWZ 'RNXPHQW )DPLO\7UHH0DNHU
IZ )LUPZDUH *HUlWH)LUPZDUHGDWHL
IZ 'DWHQEDQN )UDPHZRUN,,
IZ
'DWHQEDQN )UDPHZRUN,,,9
IZ
IZE )LOH:UDQJOHU%DFNXS ±
IZV )LOH:UDQJOHU'DWD ±
I[ 2Q/LQHJXLGH )DVW/\Q[
I[ 3L[HONDUWH )XJDZL
I[G 3KRQHERRN )$;LW
I[S &RPSLOHGVRXUFHFRGH )R[3UR
I[U )D[5HFHLYHG'RFXPHQW :LQ)D[6\PDQWHF&RUSRUDWLRQ
I[V )D[7UDQVPLWJUDSKLF :LQ)D[6\PDQWHF&RUSRUDWLRQ
YRQ
I[V )D[7UDQVPLWJUDSKLF :LQ)D[6\PDQWHF&RUSRUDWLRQ

I]E %DQNGXPS'DWHL &DVLR)=
I]I )XOOGXPS'DWHL &DVLR)=
I]Y 9RLFHGXPS'DWHL &DVLR)=
YRQ
/LVWHYRQ'DWHLHQGXQJHQ*±:LNLSHGLD KWWSVVHFXUHZLNLPHGLDRUJZLNLSHGLDGHZLNL/LVWHBYRQB'DWHLHQGXQ

J WH[WSODLQ 'DWDFKDUW $33/$86(
&RPPRGRUH(PXODWRU
HLQVHLWLJ*&5$EELOGELV7UDFNV
J &'LVN,PDJH
XQG+DOI7UDFNVDQGHUH7UDFNJU|H
HWF
J 5DZ&&,77* ELW$'3&0$XGLR'DWHQPLWNELWV
RGHUELW$'3&0$XGLR'DWHQPLW
J 5DZ&&,77*
RGHUNELWV
J 5DZ*UDSKLFVELW HLQ%\WHSUR3L[HO3ODQH,,,3LF/DE
(OHPHQWHGHUJUDILVFKHQ2EHUIOlFKHGHV
JDGJHW *DGJHW
$PLJDV
JDO *UDSKLFDOEXP &RUHO0XOWLPHGLD0DQDJHU
*DPPD)D[
JDP *DPPD)D[
GRFXPHQW
&RPSXWHUVSLHOGDWHQIUGLH4XDNH
JDP *DPHGDWD
(QJLQH
*DPH%R\520 'XPSHLQHV1LQWHQGR*DPH%R\6SLHOV
JE
LPDJH ]XU9HUZHQGXQJLQHLQHP(PXODWRU
'XPSHLQHV1LQWHQGR*DPH%R\
*DPH%R\$GYDQFH
JED $GYDQFH6SLHOV]XU9HUZHQGXQJLQHLQHP
520LPDJH
(PXODWRU
'XPSHLQHV1LQWHQGR*DPH%R\&RORU
*DPH%R\&RORU
JEF 6SLHOV]XU9HUZHQGXQJLQHLQHP
520LPDJH
(PXODWRU
JEO *OREDOGHILQLWLRQV 9$;738(GLWRU
JEV *DPH%R\6RXQG $XGLRIRUPDWIU*DPH%R\0RYLH3OD\HU
JEP *DPH%R\0RYLH 9LGHRIRUPDWIU*DPH%R\0RYLH3OD\HU
'DWHQIRUPDWIU&RPSXWHUVSLHO
JE[ ±
7UDFNPDQLD
*ROGHQ&RPPRQ /,634XHOOWH[WLQ*ROGHQ&RPPRQ/LVS
JF
/LVS6RXUFH&RGH
*ROGHQ&RPPRQ /,634XHOOWH[WLQ*ROGHQ&RPPRQ/LVS
JF
/LVS6RXUFH&RGH
JFG &$''=HLFKQXQJ &RPSXWHUDLGHGGHVLJQ&$'
NRPSULPLHUWH&RPSXWHUVSLHO'DWHQIU
JFI *DPH&DFKH)LOH
6WHDP
JFS *URXQG&RQWURO3RLQW ,PDJHSURFHVVLQJ'DWHL
JGE 'DWDEDVH ,QWHU%DVH'DWHQEDQN
JGE *DUPLQ'DWDEDVH *DUPLQ0DS6RXUFH'DWDILOH
*(26'LFWLRQDU\
YRQ
*(26'LFWLRQDU\
JGI *(26
)RUPDW
JGP ± %HOOVZKLVWOHVDQGVRXQGERDUGVPRGXOH
JHG DSSOLFDWLRQ[JHGFRP *HQHDORJLFDO'DWD *('&20
*UDSKLF(QYLURQPHQW
JHG GUDZLQJ
'RFXPHQW
JHG *UDSKLFV(GLWRU'DWD (QHU*UDSKLFV
JHG *UDSKLFV(GLWRU'DWD $UWV /HWWHUV
JHP *(00HWDILOH DXFKIU9HQWXUD3XEOLVKHU
$SSOLFDWLRQ
JHQ '%DVH&RPSLOHGWHPSODWH
*HQHUDWRU
JHQ *HQHUDWHGWH[W 9HQWXUD3XEOLVKHU
JHR *HRGH *HRZRUNV3&*(26
JHR (XNOLG'\QD*HR (XNOLG'\QD*HR
8QILQLVKHG*HW5LJKW
*HW5LJKW *HW5LJKW
'RZQORDG
JIE *,)%/$67,PDJH NRPSULPLHUWH*,)*UDILN
JIF )ORZFKDUW 3DWWRQ 3DWWRQ)ORZFKDUWLQJ
*UDSKLFV/LQN
JIL *HQLJUDSKLFV
SUHVHQWDWLRQ
JIW *UDSKLFDO)RQW 1HR3DLQW
*UDSKLFV/LQN
JI[ *HQLJUDSKLFV
SUHVHQWDWLRQ
7H[WYHUDUEHLWXQJ
JI[ 9$WDUL67
3URWH[W
JI\ *RW)LQJHU3ULQWV<HW" .H\VLJQ2UJ
6HJD*DPH*HDU 'XPSHLQHV6HJD*DPH*HDU6SLHOV]XU
JJ
520LPDJH 9HUZHQGXQJLQHLQHP(PXODWRU
6\PDQWHF*KRVW
JKR ±
,PDJH
6\PDQWHF*KRVW6SOLW
JKV )RUWVHW]XQJEHL)LOH6SOLW0RGXV
,PDJH
*UDSKLQWKH%R[
JLE *UDSKLQWKH%R[
&KDUW
JLG *OREDO,QGH[ 0LFURVRIW:LQGRZV+LOIH
&RPSXVHUYH YHUOXVWIUHLNRPSULPLHUHQGHV*UDILN
JLI LPDJHJLI *UDSKLFV,QWHUFKDQJH )RUPDWEHVFKUlQNWDXI)DUEHQ
)RUPDW XQWHUVWW]W$QLPDWLRQHQ
*UDSKLFV/LQN
JLP *HQLJUDSKLFV
SUHVHQWDWLRQ
*UDSKLQWKH%R[
JLZ :LQGRZV *UDSKLQWKH%R[IRU:LQGRZV
3UHVHQWDWLRQ
*UDSKLFV/LQN
JL[ *HQLJUDSKLFV
SUHVHQWDWLRQ
YRQ
SUHVHQWDWLRQ
JNK GLVNLPDJH (QVRQLT(36IDPLO\
JNV *ULS.H\GRFXPHQW *UDYLV
*5$63JUDSKLFDO6\VWHPIU
JO YLGHRJOYLGHR[JO $QLPDWLRQ'DWHL
3UHVHQWDWLRQ
JOP *OLP ±
JOV 'DWDILOH $FURVV
JO\ *ORVVDU\ 0LFURVRIW:RUG
3URMHNW'DWHLGHU6RIWZDUH*DPH0DNHU
JP *DPH0DNHU3URMHNW
GHU9HUVLRQ
JPI &*0*UDSKLFV $33/$86(
QHXH3URMHNW'DWHLGHU6RIWZDUH*DPH
JPN *DPH0DNHU)LOH
0DNHUGHU9HUVLRQHQXQG
JPS 7LOHPDS 63;*HRPRUSK
*UDSKLFDOPRQLWRU
JPU 6FKODIKRUVW$XWRPDWLRQ
UHFRUG
*UDSKLFV/LQN
JQD *HQLJUDSKLFV
SUHVHQWDWLRQ
JQR *HQHDORJ\'DWHL *HQRSUR
*HQHUDWHG
JQW 0LFUR)RFXV
H[HFXWDEOHFRGH
*UDSKLFV/LQN
JQ[ *HQLJUDSKLFV
SUHVHQWDWLRQ
JRF *RFVRUFHFRGH *HRZRUNV
JRK *RFKHDGHU *HRZRUNV
*HRGHSDUDPHWHU
JS *HRZRUNV*OXH
'DWHL
*XLWDU3UR'DWHL
JS *XLWDU3UR7DEXODWXU'DWHL

JSD *R3DO$GGRQ *R3DO:RUOG,QVWDOOHU3DNHWIU$GGRQV
JSE *36GDWD 9LGD2QH*36IU3RFNHW3&
*R3DO:RUOG,QVWDOOHU3DNHWIU
JSH *R3DO([WHQVLRQ
(UZHLWHUXQJHQ
DSSOLFDWLRQSJS *183ULYDF\ YHUVFKOVVHOWH'DWHLRGHU'LJLWDOH
JSJ
HQFU\SWHG *XDUG&RGH 6LJQDWXU
JSK *UDSK /RWXV*
*DUPLQ3RLQWVRI 3RLQWRI,QWHUHVW'DWHQIU*36*HUlWH
JSL
,QWHUHVW YRQ*DUPLQ
JSN 3URJUDPSDFNDJH 2PQLJR
6SLW]HQSHJHOGDWHL]X
JSN LQNO'DUVWHOOXQJVKLOIHQIU:HOOHQIRUP
:DYH/DE
JSO *,033DOHWWH )DUESDOHWWHIU*,03
SURSULHWlUHV'DWHQIRUPDWGHV
JSQ JS8QWLV'DWHQ
6WXQGHQSODQSURJUDPPVJS8QWLV
YRQ
JSR *HR3DO3RL2EVHUYHU
3RL2EVHUYHU
*UDSKSDSHU
JSS *HQHUDWHVJUDSKSDSHU*UDSK3DS
DSSOLFDWLRQ
JSX *HR3DO8SGDWH *R3DO:RUOG,QVWDOOHU3DNHWIU8SGDWHV
JSZ *HR3DO:RUOG6NLQ
6NLQ'DWHLHQ
JS[ *36H;FKDQJHILOH ;0/EDVLHUWHV)RUPDWIU*36'DWHQ
JU 6FUHHQGULYHU 0LFURVRIW:LQGRZV[
JUD *UDSK'DWD 6LJPD3ORW
JUD *UDSK 0LFURVRIW
;0/EDVLHUWHV)RUPDWIU*UDSKHQ
JUDSKPO *UDSK0/ ZLUGXQWHUDQGHUHPYRQ\(G
YHUZHQGHW
JUE 6KHOO0RQLWRU 06'26Y
JUG ,PDJHSURFHVVLQJJULG &+,36
JUI *UDSK &KDULVPD*UDSK3OXV
JUI *UDSKHU *ROGHQ6RIWZDUHJUDSK
JULE *ULG,Q%LQDU\ :02)RUPDWIU:HWWHUPRGHOO'DWHQ
NRPSULPLHUWH'DWHQIU&RPSXWHUVSLHO
JUR ±
6HULRXV6DP
JURRY\ *URRY\ *URRY\4XHOOWH[WGDWHL
JUS 3LFWXUHV*URXS 3L[%DVH
(QWKlOW9HUNQSIXQJHQ:LQGRZV
JUS *URXS'DWHL
3URJUDPP0DQDJHU
JU\ *5(< 5DZJUDSKLF
*UDSK6KRZ
JV *UDSK6KRZ
3UHVHQWDWLRQ
JV 'DWHQ *DPH6WDUWHU
JVG DXGLR[JVP 9HFWRUJUDSKLF 3URIHVVLRQDO'UDZ
*60DXGLR
JVP DXGLR[JVP $XGLRVWUHDP5DZE\WHDOLJQHG
VWUHDP
JVS DSSOLFDWLRQ[JVS JVS'DWHL *HVSUlFK
*UDSK6KRZ
JVZ ±
:RUNVKHHW
JW *UDRXPIWUDFNHU
*UDRXPIWUDFNHU
JWN *UDRXPIWUDFNHU
*UDRXPIWUDFNHU
*(07DNHV .RPPDQGR]HLOHQSURJUDPPGHV$WDUL67
JWS
3DUDPHWHUV GDV3DUDPHWHUDXVZHUWHW
JXLGH $PLJDJXLGH +\SHUWH[WIRUPDW$PLJD
JXS 'DWD 3RS0DLO
YRQ
JXV *XVWDY*XVWDYVRQ VZHGJHRJUDILFGDWD

JYL 9LGHR *RRJOH9LGHR
*UHHWLQJV:RUN6KRS
JZS ±
'DWHL
'DWHLIRUPDWGHV6303URJUDPPV
JZ\ *Z\GGLRQ3URMHNW
*Z\GGLRQ
*UDSKLFV/LQN
JZ[ *HQLJUDSKLFV
SUHVHQWDWLRQ
*UDSKLFV/LQN
JZ] *HQLJUDSKLFV
SUHVHQWDWLRQ
JYS *(2YLVRQñ3URMHFW *(2YLVLRQñ
J[O *UDSKLFVOLEUDU\ *HQXV
7H[WGDWHQEDQN*7$
J[W 'DWHLIRUPDWYDULLHUWMHQDFK6SLHO
6DQ$QGUHDV
*(21([73URMHNW
J[W 'DWHLIRUPDWGHV3URJUDPPV*(21([7
'DWHL
DSSOLFDWLRQ[
J] FRPSUHVVHG
*18=LS NRPSULPLHUWH'DWHL
J]LS DSSOLFDWLRQ[J]LS
PXOWLSDUW[J]LS
YRQ
/LVWHYRQ'DWHLHQGXQJHQ+±:LNLSHGLD KWWSVVHFXUHZLNLPHGLDRUJZLNLSHGLDGHZLNL/LVWHBYRQB'DWHLHQGXQ

K WH[WSODLQWH[W[K &+HDGHU &'HNODUDWLRQVTXHOOGDWHL
K 2QOLQH+HOS )ODPEHDX[+HOS
K WH[WSODLQWH[W[K +HDGHU'DWHL &
K +HDGHU'DWHL 6SKLQ[&
+WHVWZ7HVWGDWHL]XU
KZ ,QWHJULWlWVSUIXQJYRQ
86%6WLFNV
KD +$ NRPSULPLHUWHV'DWHLDUFKLY
*HUlWHWUHLEHULQGHU1HW:DUH
KDP +RVW$GDSWHU0RGXOH 3HULSKHUDO$UFKLWHFWXUH
1:3$YRQ1RYHOO1HW:DUH
4XHOOWH[WGHV-DYD+DPVWHU
KDP +DPVWHU4XHOOWH[W
0RGHOOV
KDP 9HFWRUJUDSKLFV'DWHL $PLJD
KDS +$ NRPSULPLHUWHV'DWHLDUFKLY
KEN $FFRXQWLQJGDWD'DWHL +XPDQLF6RIWZDUH
KEN +DQGERRN 0DWK&DG
KFP .RQILJXUDWLRQVGDWHL ,%0+&0
KFRP +&20 6RXQG7RROV'DWHL
3URGXFWLRQ
KFU ,%0+&'+&0
FRQILJXUDWLRQ'DWHL
KF[ +DUYDUG&KDUW;/
KGI DSSOLFDWLRQ[KGI +HOS'DWHL +HOSGHYHORSPHQWNLW
1DWLRQDO&HQWHUIU
+LHUDUFKLFDO'DWD 6XSHUFRPSXWLQJ$SSOLFDWLRQV
KGI DSSOLFDWLRQ[KGI
)RUPDW 1&6$DXFKYHUZHQGHWYRQ
0RVNLWR*,6
$OWHUQDWHGRZQORDG
KGO 3UR&RPP3OXV
OLVWLQJ
KGPS ;3RU9LVWDKHDSGXPS
0LFURVRIWHYWO
KGS +'3KRWR
-3(*1DFKIROJHU
KGU 'DWDEDVHKHDGHU 3F'DWHL
KGU 'DWDILOH (JUHW
KGU 0HVVDJHKHDGHUWH[W VW5HDGHU
KGU 0HVVDJHKHDGHUWH[W 3UR&RPP3OXV
IU+LJK'\QDPLF5DQJH
KGU +LJK'\QDPLF5DQJH
,PDJHV
KGZ +DUYDUG'UDZ 9HFWRUJUDSKLFV
YRQ
KGZ +DUYDUG'UDZ 9HFWRUJUDSKLFV

KG[ +HOSLQGH[ $XWR&$'
KG[ +HOSLQGH[ =RUWHFK&
KHG 'RFXPHQW +LJK(GLW
+HOOEHQGHUVDYHG
KHO 0LFURVRIW
JDPH
0DFLQWRVK%LQ+H[
KH[ ±
'DWHL
KIL +3IRQWLQIR *(0
+3*UDSKLFV
KJO DSSOLFDWLRQYQGKSKSJO 'UDZLQJ'DWHL
/DQJXDJH
KK WH[WSODLQWH[W[K +HDGHU'DWHL &
KK +HOSV\VWHPPDS *HQHULF
KKK 3UHFRPSLOHGKHDGHU 3RZHU&
+HOSLQIRUPDWLRQIU
KKS 3UR&RPP3OXV
UHPRWHXVHUV
KLW $XGLR'DWHL +LW3OD\HU
KNL $UFKLY'DWHL :LQ+.,
KOE WH[W[VFULSW +HOSOLEUDU\ 9$;
DSSOLFDWLRQKOSDSSOLFDWLRQ[
+LOIHGDWHLXQWHU0LFURVRIW
KOS KHOSILOHDSSOLFDWLRQ[ZLQKHOS :LQ+HOS
:LQGRZVELV:LQGRZV
DSSOLFDWLRQZLQKOS
+XPDQPDFKLQH
KPL 'HVFHQW0,',PXVLF
LQWHUIDFHV
$OWHUQDWHPDLOUHDG
KPP 3UR&RPP3OXV
RSWLRQPHQX
+XPDQPDFKLQH
KPS 'HVFHQW0,',PXVLF
LQWHUIDFHV
KQF 3URJUDPILOHV &1&
/XFDV$UWV'DUN
KRJ ±
)RUFHV:$'
0DLQGDWD
KRJ 'HVFHQW
SDFNDJH'DWHL
KRJ 0LVVLRQ'DWHL 'HVFHQW
KRW +RW6HQG ±
$VFLLWH[W5RPDQ
KS 1HZ:DYH:ULWH
FKDUDFWHUVHW
KSF )RQWODQJXDJH'DWHL +HZOHWW3DFNDUG
KSI +3/DVHU-HWIRQW $GREH3DJHPDNHU
3DUWLDO
KSI +RW/LQH
GRZQORDG'DWHL
+3*/3ORWWHUYHFWRU
KSJ DSSOLFDWLRQYQGKSKSJO $XWR&$'
JUDSKLFV
+3*/3ORWWHUYHFWRU
KSJ DSSOLFDWLRQYQGKSKSJO +DUYDUG*UDSKLFV
YRQ
+3*/3ORWWHUYHFWRU
KSJ DSSOLFDWLRQYQGKSKSJO +DUYDUG*UDSKLFV
JUDSKLFV
KSL )RQWLQIRUPDWLRQ *(0
KSM +HOS3URMHFW'DWHL 9LVXDO%DVLF
KSN +3$&. NRPSULPLHUWHV'DWHLDUFKLY
3UR&RPP3OXV$OWHUQDWLYH
KSP ±
PHQXIUSULYLOHJHGXVHUV
KSP (PPWH[W +31HZ:DYH
KSS +HDGHU'DWHL =RUWHFK&
KSS 3URJUDPKHDGHU &
+35HSRUWLQJ6XLWH
KSU +35HSRUWLQJ6XLWH
'RNXPHQW
DSSOLFDWLRQELQKH[
DSSOLFDWLRQELQKH[
KT[ DSSOLFDWLRQPDFELQKH[ %LQ+H[ 0DFLQWRVK
DSSOLFDWLRQPDFELQKH[
DSSOLFDWLRQ[PDFELQKH[
6RIW,PDJH0RGHO
KUF 6RIW,PDJHE\$YLG
*HRPHWU\)LOH
KUI 5DVWRUJUDSKLF +LWDFKL
3UR&RPP3OXV$OWHUQDWHPHQX
KUP ±
IUOLPLWHGXVHUV
KV +DVNHOO)LOH +DVNHOO4XHOOFRGH
KV 0RQRFKURPHLPDJH 3RVWHULQJ
9HUZHQGXQJLQDOWHQ6SLHOHQ
KVF )0V\QWKHVL]HGPXVLF
ZLH),175,652/
KVL *UDSKLF +DQGPDGH6RIWZDUH,QF
KVW +LVWRU\'DWHL *HQHULF
KVW +LVWRU\'DWHL 3UR&RPP3OXV
KW +\SHU7HUPLQDO'DWHL ±
+\SHU7H[W
KWD DSSOLFDWLRQKWD +70/EDVLHUHQGH$QZHQGXQJ
$SSOLFDWLRQ
KWP +\SHUWH[W0DUNXS 9HUOLQNWHU7H[W]XP%HLVSLHO
WH[WKWPO
KWPO /DQJXDJH IUGDV:RUOG:LGH:HE
0LFURVRIW
KWW WH[WZHEYLHZKWPO +\SHU7H[W7HPSODWH
+70/'RNXPHQWYRUODJH
KW[ WH[WKWPO 7HPSODWH ([WHQGHG+70/
KZD +ROO\ZRRG$SSOHW +ROO\ZRRG
KZG 3UlVHQWDWLRQ +ROO\ZRRG'HVLJQHU
KZS 7H[WGRNXPHQW +DQ*XO
KZV WH[WSODLQ +ROO\ZRRG6NULSW +ROO\ZRRG
3UR&RPP3OXV$OWHUQDWH
K[P ±
SURWRFDOVHOHFWLRQPHQX
K[P +$0H[WHQVLRQ 'HVFHQW
YRQ
0LFURVRIW+HOS
K[V +HOS
&RPSLOHG6WRUDJH)LOH
K[[ +HDGHU'DWHL &
+\SKHQDWLRQ
K\ 9HQWXUD3XEOLVKHU
DOJRULWKP
+\SKHQDWLRQ
K\ 9HQWXUD3XEOLVKHU
DOJRULWKP
K\F 'DWDILOH :RUG3HUIHFWIU:LQGRZV
+\SKHQDWLRQ
K\G :RUG3HUIHFWIU:LQGRZV
GLFWLRQDU\
',PDJH
K\P +\PDUF6FDQGDWD6FDQQHU
ELQDU\'DWHL
K\S +<3(5 NRPSULPLHUWHV'DWHLDUFKLY
YRQ
/LVWHYRQ'DWHLHQGXQJHQ,±:LNLSHGLD KWWSVVHFXUHZLNLPHGLDRUJZLNLSHGLDGHZLNL/LVWHBYRQB'DWHLHQGXQ

L ,QWHUPHGLDWH %RUODQG&
(0DLO.RQWHQ6LFKHUXQJVGDWHLYRQ
LDI
2XWORRN
$XWRGHVN,QYHQWRU%DXJUXSSH'&$'
LDP ,QYHQWRU$VVHPEO\
IUGHQ0DVFKLQHQEDX
6WHUOLQJ6RIWZDUH*URXQGZRUNV&22/
LDQ 7H[WGDWHL
%XVLQHVV7HDP0RGHO
LD[ %LWPDS ,%0,PDJH$FHVVH;HFXWLYH
LEP $5&+'26 NRPSULPLHUWHV'DWHLDUFKLY,%0,QWHUQDO
LFD %LWPDSJUDSKLF ,PDJH2EMHFW&RQWHQW$UFKLWHFWXUH
HQWKlOWGLH3DUDPHWHUIUGLH9HUELQGXQJ
LFD &LWUL[9HUELQGXQJVGDWHL
HLQHV&OLHQWV]XHLQHP3UHVHQWDWLRQ6HUYHU
LFE 7DUJDELWPDS ±
LFF &DWDORJ'DWHL ,URQ&ODG
LFF 3ULQWHU'DWHL .RGDN
LFG 'UDZLQJ'DWHL ,URQ&ODG
9RQ6DIH'LVFYHUVFKOVVHOWHHLJHQWOLFK
LFG ±
DXVIKUEDUH'DWHL
LFO ,FRQ/LEUDU\ %LEOLRWKHNPLW6\PEROELOGHUQ,FRQV
,PDJH&RORU0DWFKLQJ
LFP ±
SURILOH
LFQ ,FRQVRXUFHFRGH ±
LFR LPDJHYQGPLFURVRIWLFRQ ,FRQ %LOGVFKLUPV\PEROXQWHU:LQGRZV
LFV 6FHQH'DWHL ,URQ&ODG
9HUVFKLHGHQH.DOHQGHUSURJUDPPH5)&
LFV WH[WFDOHQGDU ,&DOHQGDU'DWHL

LG 'LVNLGHQWLILFDWLRQ'DWHL *HQHULF
LGE ,QWHUPHGLDWH'DWHL 0LFURVRIW'HYHORSHU
,QVWUXPHQW'HILQLWLRQ
LGG 0,',,QVWUXPHQW'HILQLWLRQ
'DWD"
LGH 3URMHFW'DWHL %RUODQG&Y
LGH ,QVWDOODWLRQVGDWHLIU2EMHNWHLP6SLHO*7$
0,',,QVWUXPHQW
LGI
'HILQLWLRQ
LGLI ,GHQWLILFDWLRQ'DWHL 1HWVFDSHVDYHGDGGUHVVERRN
LGT 'DWD4XHU\ ,QWHUQHW
([SRUWLHUWH:LQGRZV
LGW ,QVWDOOHU'DWHQEDQN ±
7DEHOOH
LGX $XVWDXVFKGDWHL ,QWHUOHDI'HVNWRS8WLOLW\
YRQ
LGZ 9HFWRUJUDSKLF ,QWHOOL'UDZ

$XWRGHVN,QYHQWRU=HLFKQXQJ'&$'
LGZ ,QYHQWRU'UDZLQJ
IUGHQ0DVFKLQHQEDX
LG[ ,QGH['DWHL 0LFURVRIW&OLS*DOOHU\Y[
LG[ ,QGH['DWHL 3UR(QJLQHHU
LG[ ± 0LFURVRIW2XWORRN([SUHVV0DLOER[
LG[ 5HODWLRQDOGDWDEDVHLQGH[ 0LFURVRIW)R[3UR
LG[ 5HODWLRQDOGDWDEDVHLQGH[ 6\PDQWHF4 $
LG[ -DYD$SSOHW&DFKH,QGH[ -DYD3OXJLQ&RQWURO3DQHO
LIG )RUP -HW)RUP'HVLJQ
&RQWDLQHUIRUPDW$PLJDSULQ]LSLHOO
,QWHUFKDQJH)LOH)RUPDW
LII EHOLHELJH'DWHQPHLVW%LOGGDWHQ,/%0
,))
RGHU$XGLRGDWHLHQ69;
LIR ,QIRUPDWLRQ '9'9LGHRGDWHQ
LIR *UDSKLFREMHFWOD\HUGDWD ,PDJH)RUJH3UR
LIS 6FULSW'DWHL .QRZOHGJH0DQ
LIV &RPSUHVVHGIUDFWDOLPDJH <XYSDN
LIV &UHDWHH[HFXWDEOHOLEUDU\ ,PDJH)RUJH,PDJH)RUJH3UR
LIV 6\VWHP'DWHL 26
DSSOLFDWLRQLJHV ,QLWLDO*UDSKLFV([FKDQJH
LJVLJHV *HQHULF
PRGHOLJHV 6SHFLILFDWLRQ,*(6
LJF 6HJHOIOXJ/RJJHU'DWHL *36.RRUGLQDWHQ]XU)OXJZHJGDUVWHOOXQJ
LJI 0HWDILOH ,QVHW6\VWHPV
LLI ,QWHUFKDQJH'DWHL 4XLFN%RRNVIU:LQGRZV
,QWHO,3KRQHVWHKWLQ=XVDPPHQKDQJPLW
LLL DSSOLFDWLRQ[LSKRQH ,QWHO,3KRQHFRPSDWLEHO
1HWPHHWLQJH[H
LLP 0XVLFPRGXOH ±
LOE ± 6FUHDP7UDFNHU'DWDILOH
LOEP %LWPDS SL[HORULHQWLHUWH%LOGGDWHLHQ
LOG )LOHIU/DVHUVKRZ
LOGRF 'RNXPHQW ,QWHUOHDI
'DWHQEHVFKUHLEXQJV'DWHLJHPl
LOL ,17(5/,6
,17(5/,66SH]LILNDWLRQ
LON LQFUHPHQWDOOLQNHU 0LFURVRIW,/LQN3URJUDPRXWOLQH
LP 5DVWHUJUDSKLF 6XQ0LFURV\VWHPV
LPD DSSOLFDWLRQ[LPD ,PDJH :LQ,PDJH
LPD DSSOLFDWLRQGLFRP ',&20%LOG ±
LPD 9HFWRUJUDSKLF (*2&KDUW
&RUULGRU%ODNH6WRQH:ROIHQVWHLQ'
LPI 0,',PXVLF)LOH
6SHDURI'HVWLQ\
LPJ ',&20%LOG ±
LPJ %LWPDSJUDSKLF *(0DXFK9HQWXUD3XEOLVKHU
LPJ NXU]IU,PDJH &',PDJHHUVWHOOWPLW&ORQH&'
'DWHLDUFKLYYRQ*7$,,,XQG*7$9LFH
YRQ
'DWHLDUFKLYYRQ*7$,,,XQG*7$9LFH
LPJ 'DWHLDUFKLY &LW\QXU'DWHLFRQWDLQHUXQG*7$6DQ
$QGUHDVLQWHJULHUWH'DWHLOLVWH
LPS 6SUHDGVKHHW /RWXV,PSURY
LPT ,PDJHSUHVHQWDWLRQ ,PDJH4
LPV &UHDWHH[HFXWDEOHOLEUDU\ ,FRQ)RUJH
LP] :LQ,PDJH :LQ,PDJH'DWHL
LQ ,QVWDOODWLRQVGDWHL +31HZ:DYH
LQ ,QSXWGHYLFHGULYHU +DUYDUG*UDSKLFVY7UHLEHU
LQE 7HVWVFULSW 9HUPRQW+LJK7HVW
LQE ± 5HEHO$VVDXOW%DFNXS'DWHL
$VVHPEOHUODQJXDJH$FWLYH6HUYHU3DJHV
LQF ,QFOXGH)LOH
RGHU3+3,QFOXGH'DWHL
3DVFDO%RUODQG'HOSKL&&
LQF ,QFOXGH)LOH 6RXUFH&RGH]XPPHKUIDFKHQ
:LHGHUYHUZHQGXQJLQ6RXUFHFRGH'DWHLHQ
LQF ± 1HW,QVWDOOVFULSWILOH
LQG ,QGH[ G%DVH,9
LQG 6KDUHG'DWDEDVH'DWHL 6SHFLILFDOO\LQ0LFURVRIW:LQGRZV
LQGE ,Q'HVLJQ%RRN $GREH,Q'HVLJQ%XFKGRNXPHQW
LQGG ,Q'HVLJQ'RFXPHQW $GREH,Q'HVLJQ'RNXPHQW
LQGO ,Q'HVLJQ/LEUDU\ $GREH,Q'HVLJQ%LEOLRWKHN
LQGW ,Q'HVLJQ7HPSODWH $GREH,Q'HVLJQ9RUODJH
(QWKlOW
LQI DSSOLFDWLRQLQI 6HWXS,QIRUPDWLRQHQ
*HUlWH6RIWZDUHLQVWDOODWLRQVLQIRUPDWLRQHQ
7\SH,/DVHU-HWIRQW
LQI ±
LQIRUPDWLRQ
$PLJD,FRQIU'DWHLHQPLW,QIRUPDWLRQHQ
LQIR 3LNWRJUDPP ZLH]%3RVLWLRQGHU'DWHLDXIGHP
'HVNWRS
LQL %DQNVHWXS)LOH *UDYLV8OWUD6RXQG
LQL 6HWXS'DWHL 0:DYH'63V\QWK
VPZV\QWKLQL*0
.RQILJXUDWLRQVGDWHLIU3URJUDPPHXQWHU
LQL WH[W[LQL ,QLWLDOLVLHUXQJVGDWHL 06'26)UHH'26'5'26XQG
:LQGRZV
3DQWRQHUHIHUHQFH
LQN &RUHO'5$:
ILOOV'DWHL
LQO ,QOLQHIXQFWLRQ'DWHL 0LFURVRIW9LVXDO&
LQS 6RXUFHFRGHIUIRUP 2UDFOHYHUVLRQDQGHDUOLHU
,1567HOHFRPPXQLFDWLRQV
LQUV ±
DXGLR
LQV 'DWDILOH :RUG3HUIHFWIU:LQGRZV
LQV ,QVWDOOVFULSW ,QVWDOO6KLHOG
LQV ,QVWDOODWLRQVFULSW VW5HDGHU
LQV ,QVWUXPHQW'DWHL (QVRQLT(36)DPLO\
LQV ,QVWUXPHQWPXVLF'DWHL $GOLE
YRQ
LQV ,QVWUXPHQWPXVLF'DWHL $GOLE

LQV 6DPSOH &HOO,,0$&3&LQVWUXPHQWV
DSSOLFDWLRQ[LQWHUQHWW
LQV 6LJQXS'DWHL ;,QWHUQHW
VLJQXS
LQW ,QWHUIDFHGXQLWV %RUODQG
,QWHUPHGLDWHH[HFXWDEOH 3URGXFHGZKHQDVRXUFHSURJUDPLV
LQW
FRGH V\QWD[FKHFNHG
$XVWDXVFKXQG5HSDUDWXUIRUPDWIU
LQ[ ,Q'HVLJQ,QWHUFKDQJH
$GREH,Q'HVLJQ
LQ[ ,QGH['DWHL )R[EDVH
LR &RPSUHVVHGDUFKLYH &SLR
LRE 'JUDSKLFVGDWDEDVH 7'''IRUPDW
LRF 2UJDQL]DWLRQDOFKDUW ,QVWDQW25*FKDUWLQJ
LRI )LQGLWGRFXPHQW 0LFURVRIW)LQGLW
LRQ 'DWHLGHVFULSWLRQ GRVGHVFULSWLRQ
LRS ,62%862EMHNW3RRO ZWN0DVNHQJHQHUDWRU
,QWHUFKDQJHDEOH
LSI $UFKLY)RUPDWIU'DWHQWUlJHU
3UHVHUYDWLRQ)RUPDW
3DQWRQH6SRWUHIHUHQFH
LSO &RUHO'5$:
SDOHWWH
LSO .DUWHQGDWHLIUGDV6SLHO*7$
,QWHUQDWLRQDOSDWFKLQJ
LSV ELQlUH3DWFKGDWHL
V\VWHP
$XWRGHVN,QYHQWRU%DXWHLO'&$'IU
LSW ,QYHQWRU3DUW
GHQ0DVFKLQHQEDX
3URJUDPPIU''&&RQWUROOHU75(1'
LTI 3URJUDP'DWD
GXUFK$&(JHQHULHUW
LT\ ,QWHUQHWLQTXLU\ 0LFURVRIW
3URJUDPPIU''&&RQWUROOHU75(1'
LT 3URJUDP'DWD
GXUFK6(7JHQHULHUW
LUU ,UUOLFKW' $XI&EDVLHUHQGH(QJLQHIU'6SLHOH
LUV 5HVRXUFH'DWHL :RUG3HUIHFWIU:LQGRZV
LVG 6SHOOFKHFNHUGLFWLRQDU\ 5DSLG)LOH
LVK &RPSUHVVHGDUFKLYH ,6+
,QWHUQDWLRQDO2UJDQL]DWLRQIRU
LVR ,62
6WDQGDUGL]DWLRQ7DEHOOH
DSSOLFDWLRQ[LVR
LVR LPDJH ,62'DWHLV\VWHP &',PDJHPLW,62'DWHLV\VWHP
DSSOLFDWLRQ[FGLPDJH
DSSOLFDWLRQ[LQWHUQHW
LVS 6LJQXS'DWHL ;,QWHUQHW
VLJQXS
LVW ,QVWUXPHQW ,QVWUXPHQWHQ'DWHLGHV'LJLWDOWUDFNHU
LVX 8QLQVWDOOVFULSW ,QVWDOO6KLHOG
7UDFNHUPRGXO0XVLNIRUPDWGHV,PSXOVH
LW DXGLRLW ,PSXOVH7UDFNHU
7UDFNHUV
LW 6HWWLQJV'DWHL LQWDON
YRQ
LW 6HWWLQJV'DWHL LQWDON

LWF L7XQHV&RYHUV L7XQHV&RYHU'DWHL
LWI ,QWHUIDFH'DWHL -3,3DVFDO7RS6SHHG
LWO L7XQHV/LEUDU\ L7XQHV0HGLHQ%LEOLRWKHN'DWHL
,PSXOVH7UDFNHU
LWL ,QVWUXPHQWHQ'DWHLYRQ,PSXOVH7UDFNHU
,QVWUXPHQW
LWV ,PSXOVH7UDFNHU6DPSOH 6DPSOH'DWHLYRQ,PSXOVH7UDFNHU
NRPSULPLHUWHV7UDFNHUPRGXO
LW] ,PSXOVH7UDFNHU]LSSHG
0XVLNIRUPDWYRQ,PSXOVH7UDFNHU
'&RPSXWHUJUDILNIRUPDWbKQOLFK
LY DSSOLFDWLRQ[LQYHQWRU 2SHQ,QYHQWRU'DWHL
950/=ZHL0RGL$6&,,XQG%LQlU
0LFURGDWDGLPHQVLRQRU
LYG %H\RQG
YDULDEOHOHYHO
LYS 8VHUVXEVHWSURILOH %H\RQG
LYW 7DEOHRUDJJUHJDWHGDWD %H\RQG
LY[ 0LFURGDWDGLUHFWRU\ %H\RQG
LZ 3UHVHQWDWLRQIORZFKDUW ,FRQ$XWKRU+6&,QWHUDFWLYH
LZ 6FUHHQVDYHU ,GOHZLOG
LZD 7H[W'DWHL ,%0:ULWLQJ$VVLVWDQW
LZF ,QVWDOO:DWFKGRFXPHQW ±
LZP 6WDUW'DWHL ,FRQ$XWKRU
:DQJYHUZHQGHWDXI%LOGVFKLUP
LZS 7H[WGRNXPHQW
6FKUHLEPDVFKLQHQYRQ2OLYHWWL
L]W %LQDU\WRNHQ'DWHL ±
YRQ
/LVWHYRQ'DWHLHQGXQJHQ-±:LNLSHGLD KWWSVVHFXUHZLNLPHGLDRUJZLNLSHGLDGHZLNL/LVWHBYRQB'DWHLHQGXQ

MN -3(* :DYHOHWNRPSULPLHUWH%LOGGDWHLHQ
M 5LFRKFDPHUD'DWHL ±
MDP DXGLR[MDP -DYD0RGXOH .RPSULPLHUWHV'DWHLDUFKLY
MDU DSSOLFDWLRQMDYDDUFKLYH -DYD$UFKLYH .RPSULPLHUWHV'DWHLDUFKLY
HQWKlOW,QIRUPDWLRQHQEHU
MDU[ -$5;ILOH
MDU'DWHLHQ>@
MDV *UDSKLF *HQHULF
WH[WSODLQWH[W[
MDYD 6RXUFHFRGH -DYD
MDYDVRXUFH
MEG 'DWDILOH 6LJPD6FDQ
MEI ,PDJHEURZVHU'DWHL 3DLQW6KRS3UR
ME[ 3URMHFW'DWHL 3URMHFW6FKHGXOHU
MII LPDJHMSHJLPDJHSMSHJ -3(*LPDJH ±
-3(*)LOH
MILI LPDJHMSHJLPDJHSMSHJ -3(*1RUPNRPSULPLHUWH%LOGGDWHL
,QWHUFKDQJH)RUPDW
MJZ $6&,,'DWHLGLHGLH*HRUHIHUHQ]]X
LPDJHMSHJLPDJHSMSHJ -3(*ZRUOGILOH
MSHJZ HLQHU-3(*'DWHLHQWKlOW
MLI LPDJHMSHJLPDJHSMSHJ -3(*LPDJHILOH ±
-DYD,QGH[HG
MLVS 6,0
6HULDOL]DWLRQ3DFNDJH
'LVFRYHU\FKDUW
MPS 6$6-03
WRVWDWLVWLFV
MQ -LOORIWKH-XQJOHGDWD (SLF0HJD*DPHV
MQE :RUNERRN'DWHL 6LJPD3ORW
3URJUDPPELEOLRWKHNIU-DYD-1,
MQLOLE -1,/LEUDU\
6KDUHG2EMHFWXQWHU0DF26;>@
MQW -RXUQDO9LHZHU)LOH 0LFURVRIW-RXUQDO9LHZHU
MRE 9HNWRUJUDILN 4XHVW9LVLRQ
MRU -RXUQDO 0LFURVRIW64/6HUYHU
MRX -RXUQDOEDFNXS 9$;(GWHGLWRU
MRX -RXUQDOEDFNXS 9$;(GWHGLWRU
MS LPDJHMS -3(* :DYHOHWNRPSULPLHUWH%LOGGDWHLHQ
MSF -3(* :DYHOHWNRPSULPLHUWH%LOGGDWHLHQ
MSH
-RLQW3KRWRJUDSKLF 9HUOXVWEHKDIWHWHNRPSULPLHUWH
MSHJ LPDJHMSHJLPDJHSMSHJ
([SHUWV*URXS %LOGGDWHLHQ
MSJ
MSI -3(*ILOH :DYHOHWNRPSULPLHUWH%LOGGDWHL
YRQ
/LVWHYRQ'DWHLHQGXQJHQ-±:LNLSHGLD KWWSVVHFXUHZLNLPHGLDRUJZLNLSHGLDGHZLNL/LVWHBYRQB'DWHLHQGXQ
MSP LPDJHMSP -3(*ILOH :DYHOHWNRPSULPLHUWH%LOGGDWHL

MS[ LPDJHMS[ -3(*ILOH :DYHOHWNRPSULPLHUWH%LOGGDWHL
LQHW&U\VWDO&OHDU
MUD DSSOLFDWLRQFU\VWDOFOHDU LQHW&U\VWDO&OHDU%HULFKWV$UFKLYH
5HSRUW$UFKLYH
MV DSSOLFDWLRQ[MDYDVFULSW -DYD6FULSWFRGH ±
MVF 6RXUFHFRGH -HW$XGLR6NLQHUVWHOOXQJV6FULSW'DWHL
MVG -HW6XLWHGRFXPHQW H)$;
MVN 6NLQ'DWHL -HW$XGLR%HGLHQREHUIOlFKHQGDWHL
-DYD6FULSW2EMHFW 8QDEKlQJLJHV'DWHQDXVWDXVFK)RUPDW
MVRQ
1RWDWLRQ LQ7H[WIRUP
G\QDPLVFKH+70/'DWHLIU
MVS -DYD6HUYHU3DJH
-DYDEDVLHUHQGH:HEVHUYHU
MW -XSLWHU7HVVHOODWLRQ ''DWHQIRUPDW
MWI )D[GRNXPHQW +D\HV-7)D[
MWN -DYD7RRO.LW'DWHL 6XQ0LFURV\VWHPV
MZ -XVW:ULWH -XVW:ULWH7H[W'RFXPHQW
MZO -XVW:ULWH/LEUDU\ -XVW:ULWH%LEOLRWKHN
M]] 6SUHDGVKHHW -D]]
YRQ
/LVWHYRQ'DWHLHQGXQJHQ.±:LNLSHGLD KWWSVVHFXUHZLNLPHGLDRUJZLNLSHGLDGHZLNL/LVWHBYRQB'DWHLHQGXQ

N /6'\QD.H\ZRUGILOH /6'\QD(LQJDEHGDWHL
N .XU]ZHLO .XU]ZHLO6DPSOHGDWHL
6SHLFKHUIRUPDWIU
NE .E3URMHNW
.E%UHQQSURMHNWH
NDIIHLQH ± :LHGHUJDEHOLVWHIU.DIIHLQH
.RPSULPLHUWHV.DUWHQIRUPDWYRQ
NDS ±
0DS7HFKXQG12$$EHQW]W
DXGLRPLGLPXVLF[ 0,','DWHLPLW]XU0XVLN
NDU NDUDRNH
NDUDRNH V\QFKURQLVLHUWHP7H[W
NE .H\ERDUGVFULSW %RUODQG&
NE 3URJUDPVRXUFHFRGH .QRZOHGJH3UR
.H\ERDUGPDSSLQJ
NEG 3URFRPP3OXV/RFR6FULSW6LJQDWXUH
VFULSW
.H\ERDUGPDSSLQJ
NEP 5HIOHFWLRQ
VFULSW
NF ± 3RZHU&LQHPD/LQX[
NFP .&KHDW0RGXO .&KHDW0RGXO)LOH6HFRQG8QLW
NFO .\RWR&RPPRQ/LVS /LVSVRXUFHFRGH
NGE DSSOLFDWLRQ[NHHSDVV .HHSDVV'DWHQEDQN .HH3DVV3DVVZRUW0DQDJHU
.HHSLQ
NGE 3HUVRQDO,QIRUPDWLRQ0DQDJHU
0LQG'DWHQEDQN
.HHSLQ
NGE[ 3HUVRQDO,QIRUPDWLRQ0DQDJHU
0LQG'DWHQEDQN
.RGDN'LJLWDO&DPHUD
NGF .RGDN3KRWR(QKDQFHU%LOGGDWHL
IRUPDW
NGHQOLYH .GHQOLYH3URMHNW
NGV .XQGHQGDWHQVSHLFKHU 6LHPHQV+L3DWK0DQDJHU
NH[ 0DNUR .(',7
NH\ 'DWDILOH )RUHFDVW3UR
NH\ ,FRQWRROEDU 'DWD&$'
6XFKDVDVRIWZDUHUHJLVWUDWLRQ
NH\ 6HFXULW\'DWHL
QXPEHU
$SSOH.H\QRWH%HVWDQGWHLOGHV
NH\ .H\QRWH
%URSDNHWHV,:RUN
'LHQW]XP$XVWDXVFKYRQ3URILOHQ
$FUREDW3UHIOLJKW
NIS ,PSRUWXQG([SRUWIUGLH3UHIOLJKW
3URILO
)XQNWLRQLQ$GREH$FUREDW
NI[ ,PDJH .R)D[*URXS
NJW .*HW .*HW'RZQORDGOLVWH
YRQ
/LVWHYRQ'DWHLHQGXQJHQ.±:LNLSHGLD KWWSVVHFXUHZLNLPHGLDRUJZLNLSHGLDGHZLNL/LVWHBYRQB'DWHLHQGXQ
NJW .*HW .*HW'RZQORDGOLVWH

NL] 'LJLWDOSRVWFDUG .RGDN
NNZ .NH\ZRUGV 5RER+(/3
DSSOLFDWLRQYQGJRRJOH
NPO 0DS .H\KROH0DUNXS/DQJXDJH
HDUWKNPO[PO
.RUJ7ULQLW\.H\KROH0DUNXS
NPS .H\0D3
/DQJXDJH
DSSOLFDWLRQYQGJRRJOH
NP] .RRUGLQDWHQ *RRJOH(DUWK
HDUWKNP]
NR DSSOLFDWLRQ[REMHFW /LQX[.HUQHO2EMHFW /LQX[.HUQHOPRGXOHPHLVW7UHLEHU
NRE .REUD 5HXWHUV.REUD
NSS 7RROSDG 6PDUW3DG
NSV %LWPDSJUDSKLF ,%0.,36
NTS 1DWLYH&DPHUD'DWHL .RQLFD
NU 6DPSOH PXOWLIORSS\'DWHL.XU]ZHLO
NU] 6DPSOH'DWHL .XU]ZHLO
NVI 6DPSOH'DWHL .RUJ7ULQLW\
NVS .6SUHDG 7DEHOOHQNDONXODWLRQ.6SUHDG
NZG .:RUG 7H[WYHUDUEHLWXQJ.:RUG
'DWHL]XP6SHLFKHUQYRQ
NZO .:DOOHW'DWHL
=XJDQJVGDWHQ
N\E .H\ERDUGPDSSLQJ )73
N\H *DPHGDWD .\H
N\V .H\ERDUG6KRUWFXWV ±
YRQ
/LVWHYRQ'DWHLHQGXQJHQ/±:LNLSHGLD KWWSVVHFXUHZLNLPHGLDRUJZLNLSHGLDGHZLNL/LVWHBYRQB'DWHLHQGXQ

O /LQNHUGLUHFWLYH'DWHL :$7&20ZOLQN
O /H[ /H[VRXUFHFRGH
O /,63 /,63VRXUFHFRGH
ODE 'DWDILOH 1&6662/2
ODE /DEHO'DWHL 9LVXDOG%DVH
ODE 0DLOLQJODEHOV 0LFURVRIW([FHO
ODQ /$1GULYHU 1RYHOO1HW:DUH/RDGDEOHPRGXOH
OD\ &OLSDUW'DWHL 3ULQWPDVWHU*ROG
OD\ :RUG&KDUWOD\RXW $33/$86(
OEJ /DEHOJHQHUDWRUGDWD G%DVH,9
3ORW0DNHU
OEN $UFKL&$'
/D\RXWEXFK'DWHL
OEO /DEHO &OLSSHU
OEO /DEHO G%DVH,9
OEO /DEHO G%)DVW
,QWHUOHDYHG%LWPDS
OEP DXGLR[OLYHDXGLR %LOGGDWHLVLHKHDXFK,))
,/%0
OER &RPSLOHGODEHO G%DVH,9
0:0/LEHUR$QZHQGXQJ]XU
OER 0:0/LEHUR3URMHNW
0HQJHQHUPLWWOXQJQDFK5(%
OEU /%5$UFKLY/8 NRPSULPLHUWHV'DWHLDUFKLY
OEU 'LVSOD\GULYHU /RWXV7UHLEHU
OEU 'HYLFHOLEUDU\ &DGVRIW($*/(
OEW /DEHOV 0LFURVRIW)R[3UR
OE[ /DEHOV 0LFURVRIW)R[3UR
/$%&$5 /$%&$523(5$7253URMHNWYRQ
OFD
$VVLVWDQW'DWHL (7$6
OFI /LQNHUFRQWURO'DWHL 1RUWRQ*XLGHVFRPSLOHU
OFN /RFNILOH 3DUDGR[
OFO 'DWDILOH )73
/$3,&RQILJXUDWLRQ /$3,+RPHSDJH
OFS
3URMHFW
OFQ /HFWLRQGRFXPHQW :RUG3HUIHFWIU:LQGRZV
OFV 'DWD+LVWRU\'DWHL $&7
OFZ 6SUHDGVKHHW /XFLG'
/RQJGLVWDQFHDUHD
OG 7HOL[
FRGHV
YRQ
FRGHV
OG 2YHUOD\'DWHL G%DVH
OGE /RFN'DWHL 0LFURVRIW$FFHVV
OGI /LEUDU\GHILQLWLRQ'DWHL *HRZRUNV*OXH
3URWRNROO'DWHLIU'DWHQEDQN
OGI /RJ'DWD)LOH
7UDQVDNWLRQHQGHV0664/6HUYHU
/$1GULYHUGHVFULSWLRQ EHQ|WLJWIUODQ/$1GULYHUYRQ1RYHOO
OGL
ILOH 1HW:DUH
OGLI $GUHVVHQYHU]HLFKQLV 0LFURVRIW1HWVFDSHDQGRWKHUV
OGO /LEUDU\ &RUHO3DUDGR[
OHI /(1([FKDQJH)RUPDW 6FKZLPPVSRUWGDWHQ
OHJ /HJDF\GRFXPHQW ±
OHV 6\VWHPJDPHSURILOHV (QWHUWDLQPHQW
OHY /HYHO'DWHL 1HW+DFN[(ODVWR0DQLD
OH[ 'LFWLRQDU\'DWHL *HQHULF
OIG 'DWDUHVRXUFH'DWHL /XFDV$UWV'DUN)RUFHV
OIS /DVHU)RUPV3OXV'DWHL (YHUJUHHQ
OIW /DVHUSULQWHUIRQW &KL:ULWHU
OIW /RIW'DWHL '6WXGLRV
/RJRSURFHGXUH
OJ /65+6/RJR
GHILQLWLRQ
OJF $SSOLFDWLRQORJ'DWHL ±
OJG $SSOLFDWLRQORJ'DWHL ±
OJR +HDGHUDQGIRRWHUORJR 6XSHU)D[
OJR /HJR0RGHOO'DWHL /HJR'LJLWDO'HVLJQHU
OJR /RJR'DWHL 3DLQW%UXVK
OJR 6WDUWXSORJR 0LFURVRIW:LQGRZV[[
DSSOLFDWLRQOKD
DSSOLFDWLRQRFWHW
OKD /+$/+$5& NRPSULPLHUWHV'DWHLDUFKLY
VWUHDP
DSSOLFDWLRQ[OKD
OKV /LWHUDWH+DVNHOO)LOH +DVNHOO4XHOOFRGHLP/LWHUDWH)RUPDW
OKZ /+:$53 NRPSULPLHUWHV'DWHLDUFKLY$PLJD
3URJUDPPELEOLRWKHN'26:LQGRZV
OLE /LEUDU\
26
OLEUDU\ /LEUDU\ 3URJUDPPELEOLRWKHN$PLJD
OLI ± NRPSULPLHUWHV'DWHLDUFKLY
/RJLFDO,QWHUFKDQJH
OLI +HZOHWW3DFNDUG
GDWD
OLP /,0,7 NRPSULPLHUWHV'DWHLDUFKLY
,QWHUDFWLYHPXVLF
OLQ (OHFWURQLF$UWV
VHTXHQFLQJGDWD
OLQ /LQHW\SH'DWHL 'DWD&DG
YRQ
OLQ /LQHW\SH'DWHL 'DWD&DG

OLV WH[WSODLQ /LVWLQJ 9$;
OLV 64/5HSRUW ±
+70/EDVLHUWHV'RNXPHQWIRUPDWYRQ
OLW /LWHUDWXUH 0LFURVRIWIUHOHNWURQLVFKH%FKHUIU
GHQ0LFURVRIW5HDGHU
/RJRVOLEUDU\
OL[ ±
V\VWHP'DWHL
2EOLYLRQEHVFKUHLEWGLH]XHLQHU
OLS /LSSHQEHZHJXQJHQ 6SUDFKDXIQDKPHSDVVHQGHQ
/LSSHQEHZHJXQJHQ
OM 7H[WGDWHL +HZOHWW3DFNDUG/DVH-HW,,SULQWHU
ON 'DWDEDVH'DWHL 2SHQ6LJKWELW
0LFURVRIW2XWORRN([SUHVV
ONR /LQNHGREMHFW
-XQNPDLO'DWHL
OO 'RFXPHQW'DWHL /DS/LQN,,,
OO[ ([FKDQJHDJHQW /DSOLQN
OQN 'DWDILOH 5HYHODWLRQ
OQN /LQNHUUHVSRQVH'DWHL 57/LQN
6\PEROLVFKH'DWHLYHUNQSIXQJXQWHU
OQN /LQN
0LFURVRIW:LQGRZV
%LEOLRWKHNPLWDXVIKUEDUHQ
ORDG ]26/RDG/LEUDU\
3URJUDPPHQ
ORF /RFDWLRQV :D\SRLQW'DWHL
/RFN'DWHLYHUKLQGHUWGDVJOHLFK]HLWLJH
ORFN /RFN 6FKUHLEHQHLQHU5HVVRXUFHGXUFK
PHKUHUH3UR]HVVH
ORG /RDG'DWHL ±
3URWRNROOGDWHLLQZHOFKHUHLQ3URJUDPP
RGHUGHU.HUQHO,QIRUPDWLRQHQEHU
ORJ WH[W[ORJ /RJ
YHUVFKLHGHQH(UHLJQLVVH0HQVFKHQOHVEDU
IHVWKlOW
HLQIDFKH7H[WGDWHLHQLQGHUHLQ
:LQGRZV3URJUDPP,QIRUPDWLRQHQ
ORJ /RJ'DWHL
EHU$NWLRQHQSURWRNROOLHUWNULWLVFKH
9RUJlQJH$EVWU]HRl
4XHOOWH[WGDWHLHQGHU
ORJ WH[WSODLQ /RJR4XHOOWH[W'DWHL
3URJUDPPLHUVSUDFKH/RJR
'DWHLEHL79$XIQDKPHQLP9LVWD
ORJR &RPELQHG/RJR0DVN
0HGLD&HQWHU
ORN NRPSULPLHUW )LOH:UDQJOHU
4XHOOFRGH]XGHUHVRWHULVFKHQ
ORO /ROFRGH
3URJUDPPLHUVSUDFKH/2/&2'(
OS ± 'HVHUW'RFV
OSF 'UXFNHUWUHLEHU 7(.2
+HOL[1XWVDQG
YRQ
+HOL[1XWVDQG
OSG ±
%ROWV'DWHL
*UDSKLN'DWHL$YHU\=ZHFNIRUP
OSG /DEHO3UR'DWHL
/DEHO3UR
/(&7851,7<
OSG 3OD\HUIU(/HDUQLQJ,QKDOWH
3OD\HU'DWHL
/|VRPDW3UISODW]
OSG
'RNXPHQW
,QIRUPDWLRQVGDWHLIU
OSL 9HUZHQGXQJLQHLQLJHQ6FDQQHU7RROV
/DVHUGUXFNHU
OSM 3$662/23URMHNWGDWHL $6&,,ELV3$662/2
OSV /XSR6FDQ '/DVHUVFDQGDWHQIRUPDW
OSX 3$662/23URMHNWGDWHL 8QLFRGH
/|VRPDW3UISODW]
OS]
=HUWLILNDW
OUF 9LGHRSKRQH'DWHL ,QWHO
OUI /LQNHUUHVSRQVH'DWHL 0LFURVRIW&VRZLH0LFURVRIW&
/DQJXDJH
OUV :RUG3HUIHFWIU:LQGRZV
UHVRXUFH'DWHL
/RJRVOLEUDU\
OVI ±
V\VWHP'DWHL
OVO 6DYHGOLEUDU\ &RUHO3DUDGR[
OVO 6FULSWOLEUDU\ /RWXV
/RJLF$XGLR $UEHLWVGDWHLIUIUKHU(PDJLFVMHW]W
OVR
6RQJ'RNXPHQW $SSOH/RJLF$XGLRE]Z/RJLF3UR
DSSOLFDWLRQ[OLVS
OVS /,63 $XWR/,63&RPPRQ/,63XQGDQGHUH
WH[W[VFULSWOLVS
OVV 7DEHOOHQNDONXODWLRQ /HJDWR
OVW .H\ERDUGPDFUR VW5HDGHU
OVW WH[WSODLQ /LVW'DWHL *HQHULF
OVW 6SRRO'DWHL 2UDFOH
OWP )RUP /RWXV)RUPV
OX /LEUDU\XQLW'DWHL 7KRXJKW:LQJ
0LQHU'HVFHQW'
OYO 3DUDOOD[6RIWZDUH
/HYHOH[WHQVLRQ
OZG 7H[WGRNXPHQW /RWXV:RUNV
OZI /XUD:DYH)RUPDW :DYHOHW*UDILN'DWHLYRQ/XUDWHFK
OZOR /D\HUHG2EMHFW'DWHL /LJKWZDYH
OZRE 2EMHFW'DWHL /LJKWZDYH
/RWXV:RUG3UR7HLO
OZS 7H[WGRNXPHQW
GHU/RWXV6PDUW6XLWH
OZVF 6FHQH'DWHL /LJKWZDYH
/LQJXLVWLFDOO\HQKDQFHG
OZ] 0LFURVRIW
VRXQG
YRQ
OZ] 0LFURVRIW
VRXQG
/HJR'LJLWDO
O[I 'DWHLGLH/HJR%DXSOlQHEHLQKDOWHW
'HVLJQHU'DWHL
O[I /(1([FKDQJH)RUPDW 6FKZLPPVSRUWGDWHQ
$6&,,'DWHLGLHYRQ/LO\SRQGLQ
O\ /LO\SRQG'DWHL
1RWHQJUDILNXPJHZDQGHOWZHUGHQNDQQ
O\U /D\HU'DWHL 'DWD&$'
'DWHLIRUPDWGHV
O\[ /\;'DWHL
7H[WYHUDUEHLWXQJVSURJUDPPV/\;
'LIIHUHQFH'DWHLIU
O]G /GLII
%LQDU\V
DSSOLFDWLRQRFWHW
O]K VWUHDP /+$5& NRPSULPLHUWHV'DWHLDUFKLY
DSSOLFDWLRQ[O]K
O]PD DSSOLFDWLRQ[O]PD NRPSULPLHUWHV'DWHLDUFKLY
O]V /$5& NRPSULPLHUWHV'DWHLDUFKLY
O]V 'DWD'DWHL 6N\URDGV
O]Z /+:$53 NRPSULPLHUWHV'DWHLDUFKLY$PLJD
DSSOLFDWLRQO][
DSSOLFDWLRQRFWHW
O][ ± NRPSULPLHUWHV'DWHLDUFKLY
VWUHDP
DSSOLFDWLRQ[O][
YRQ
/LVWHYRQ'DWHLHQGXQJHQ0±:LNLSHGLD KWWSVVHFXUHZLNLPHGLDRUJZLNLSHGLDGHZLNL/LVWHBYRQB'DWHLHQGXQ

P 0DWODE )XQNWLRQVRGHU6FULSWGDWHLIUGLH
0DWKHPDWLN6RIWZDUH0DWODE
P WH[WSODLQWH[W[P 2EMHFWLYH& 2EMHFWLYH&4XHOOFRGH
PWV 03(*7UDQVSRUW 9LGHRGDWHLYRQ$9&+'.DPHUDV
6WUHDP %OXUD\'LVFVXQG'9%7
PX DXGLR[PSHJXUO ± :LQDPS3OD\OLVW
PX :LHGHUJDEHOLVWHIUGHQ0HGLDSOD\HU
:LQDPSLQ87)&RGLHUXQJ
P DSSOLFDWLRQ[P 0 4XHOOWH[WIUGHQ03UlSUR]HVVRU
PD 0RYLQJ3LFWXUHV 03(*$XGLRGDWHL$GYDQFHG$XGLR
([SHUWV*URXS$XGLR &RGLQJ
PE 0RYLQJ3LFWXUHV +|UEXFKLQ03(*$XGLR$GYDQFHG
([SHUWV*URXS $XGLR&RGLQJPDPLW]XVlW]OLFKHP
$XGLR%RRN /HVH]HLFKHQ6\VWHP%RRNPDUNVYRQ
$SSOHHLQJHIKUW
PS 03(*$XGLRGDWHL '50JHVFKW]WH03(*$XGLRGDWHL
$GYDQFHG$XGLR&RGLQJYRQ$SSOH
HLQJHIKUW
PD 0D\D$6&,, 3URMHNWGDWHLIUGLH'*UDILNVRIWZDUH
0D\DLQ$6&,,.RGLHUXQJ
PDE 0R]LOOD$GGUHVV%RRN
PDF 0DFUR$VVHPEOHU $VVHPEOHUTXHOOWH[W56;
PDF 0DF3DLQW
PDF 0HJD&$' 0DNUR%DXWHLOH'DWHL
PDF 0RQNH\V$XGLR YHUOXVWIUHLNRPSULPLHUHQGHV
&RPSUHVVLRQ $XGLRIRUPDW
PDN 0DNHILOH 0DNH'DWHLIU0LFURVRIW&VRZLH
0LFURVRIW&QPDNH
PDQLIHVW 0$1,)(67'DWHL 'DWHLGLHEHLP6WDUWHQHLQHV
3URJUDPPVXQWHU:LQGRZV;3
,QIRUPDWLRQHQ]XP9LVXDOLVLHUHQGHV
3URJUDPPVHQWKlOW
PDS /LQNHUPDS
PDU 0LFURVRIW$5FKLY NRPSULPLHUWHV0LFURVRIW'DWHLDUFKLY
PDU 0R]LOOD$5FKLY 0R]LOOD8SGDWHU]%IU)LUHIR[HWF
PDW 0DWODE'DWHQ'DWHL
PDW 2QOLQH6LFKHUXQJIU ±
72QOLQH5HFKQXQJ
PDW 9HUNQSIXQJPLW ±
0LFURVRIW2IILFH
$FFHVV7DEHOOH
PD[ 'LVFUHHW'6WXGLR 6SHLFKHUIRUPDWIU'0RGHOOH
0$;
PD[ 2U&$'/D\RXW'DWHL
YRQ
PD[ 2U&$'/D\RXW'DWHL
PE 0D\D%LQDU\ 3URMHNWGDWHLIUGLH'*UDILNVRIWZDUH
0D\DLQELQlUHU.RGLHUXQJYJO
PD
PED 0%$XVWDXVFKGDWHL $XVWDXVFKGDWHLIU$U&RQ(OHFR
PEV ± 2SHUD0DLO'DWHL
PFF 0DWKFDG&RQILJXUDWLRQ ZLUGYHUZHQGHWYRQ0DWKFDG
)LOH
PFG 0DWKFDG'RFXPHQW ZLUGYHUZHQGHWYRQ0DWKFDG
PFG DSSOLFDWLRQPFDGDSSOLFDWLRQ[ 0LQLFDG &$''DWHLHQ0LQLFDG9HUVLRQELV
PDWKFDG 9HFWRU:RUNV9HUVELV
PFI LPDJHYDVDWH[WPFI 0DWKFDG)RQWILOH ZLUGYHUZHQGHWYRQ0DWKFDG
PFS 'DWHLHQPLW ZLUGYHUZHQGHWLQ4XHOOFRGH
&RGH:DUULRU 'LVWULEXWLRQHQGHU$SDFKH6RIWZDUH
3URMHNWHQ )RXQGDWLRQ
PFZ 'DWHLHQYRQ0LFURVRIW:RUGIU
0DFLQWRVK9HUVLRQHQELV[
PG 0DWFK:DUH0HGLDWRU 3URMHNWGDWHLHLQHV3URMHNWHVYRQ
3URMHFW 0DWFKZDUH0HGLDWRU
PGD DSSOLFDWLRQ[PVDFFHVV 0LFURVRIW$FFHVV $FFHVV'DWHQEDQNGDWHL$VVLVWHQWHQ
PGE DSSOLFDWLRQ[PVDFFHVV 0LFURVRIW'DWD%DVH 0LFURVRIW$FFHVV'DWHQEDQNGDWHL
PGF 0RGHP6FULSWDXFK 1RYHOO1HW:DUH0RGHOIU5HWXUQ
0RGHO'HILQLWLRQ WR&DVWOH:ROIHQVWHLQRGHU
57&:(7 :ROIHQVWHLQ(QHP\7HUULWRU\
0RGHO'DWHL
PGH 0LFURVRIW$FFHVV $FFHVV'DWHQEDQNGDWHLNRPSLOLHUWH
)RUP
PGI 0HGLD'HVFULSWRU)LOH $OFRKRO'$(0217RROV3UR
RGHU*DPH-DFN&''9',PDJHGDWHL
PGI 0DVWHU'DWD)LOH 'DWHQEDQN'DWHLGHV0LFURVRIW64/
6HUYHU
PGI 0HDVXUHPHQW'DWD %LQlUHV'DWHLIRUPDW]XU$XI]HLFKQXQJ
)RUPDW)LOH YRQ0HVVGDWHQZHLWH9HUEUHLWXQJYD
LP$XWRPRWLYH%HUHLFK
PGL 0LFURVRIW2IILFH (LQKRFKDXIO|VHQGHV0LFURVRIW
'RFXPHQW,PDJLQJ *UDILNIRUPDWDE062IILFH
PGO +DVK 0RGHOO)LOH]XP6SHLFKHUQYRQ
$QLPDWLRQ0DVWHU G0RGHOOHQ
G0RGHOO
PGO 6SLHOHU0RGHO 4XDNH(QJLQH
PGO 5DWLRQDO5RVH0RGHOO 0RGHOO)LOH]XP6SHLFKHUQYRQ
80/'LDJUDPPHQLQ5DWLRQDO5RVH
PGO 0DWK:RUNV6LPXOLQN 0RGHOO)LOHIU6LPXOLQN
0RGHO
PGV 0HGLD'HVFULSWRU &''9',PDJHHUVWHOOWPLW$OFRKRO
,PDJH '$(0217RROV3UR'9'
6KULQNRGHU*DPH-DFN
PG[ '%DVH,QGH[)LOH
PHOO 0HOOHO'RNXPHQW 'DWHLGHV7H[WYHUDUEHLWXQJSURJUDPPV
0HOOHO
YRQ
0HOOHO
PHP $QVLFKWGDWHL]X )HQVWHUXD3RVLWLRQVDQJDEHQVRZLH
:DYH/DE 3UHVHWVGHV0DVWHUEHUHLFKV
PHW 260HWDILOH 9HNWRUJUDILNHQ
PI 0HDVXUHPHQW'DWD %LQlUHV'DWHLIRUPDW]XU$XI]HLFKQXQJ
)RUPDW9HUVLRQ YRQ0HVVGDWHQ$QZHQGXQJYDLP
$XWRPRWLYH%HUHLFK'DV$6$0
&200210'))RUPDWZXUGH
YRQGHU$VVRFLDWLRQIRU
6WDQGDUGL]DWLRQRI$XWRPDWLRQDQG
0HDVXULQJ6\VWHPVDOV6WDQGDUG
YHU|IIHQWOLFKW
PID 0XOWLPHGLD)XVLRQ ±
$SSOLNDWLRQV'DWHL
PIZ 0XOWLPHGLD)XVLRQ ±
3URMHNWV'DWHL
PI[ 0XOWLPHGLD)XVLRQ ±
([WHQVLRQ
PKW 2SHUD:HEDUFKLY 9RP2SHUD%URZVHUYHUZHQGHWHV
'DWHLIRUPDW]XP
6SHLFKHUQ$UFKLYLHUHQJDQ]HU
VWDWLVFKHU:HEVHLWHQ
PK] PKVRIWZDUH 'DWHL]XP$XVWDXVFK
NRPSULPLHUWH JHElXGHWHFKQLVFKHU%HUHFKQXQJHQ
3URMHNWGDWHL ]ZLVFKHQPKVRIWZDUHXQGPK9LHZHU
PL 0RGHO,QWHUIDFH &$''DWHLIRUPDWYRQ&R&UHDWH
6WDQGDUG
PLG PXVLFFUHVFHQGR[PXVLF[PLGL 0,', 0,','DWHL
PLGL DSSOLFDWLRQ[PLGLDXGLRPLGL
DXGLR[PLGDXGLR[PLGL
PLI DSSOLFDWLRQ[PLI 0DNHU,QWHUFKDQJH 7H[WEDVLHUWH)UDPH0DNHU'DWHL]XP
DSSOLFDWLRQ[IUDPH )RUPDW $XVWDXVFK]ZLVFKHQ)09HUVLRQHQDXI
XQWHUVFKLHGOLFKHQ%HWULHEVV\VWHPHQ
PLQLJVI *%$6RXQG)RUPDW $XGLR'DWHL]XU:LHGHUJDEHLQ
:LQDPSPLWKLOIHGHV3OXJLQV+LJKO\
$GYDQFHG*6)>@
PLQLXVI 1LQWHQGR $XGLR'DWHL]XU:LHGHUJDEHLQ
$XGLR'DWHL :LQDPSPLWKLOIHGHV3OXJLQVWK
1RWH86)>@
PL[ 0LFURVRIW3LFWXUH,W 0LFURVRIW3LFWXUHLW'DWHL
PMI DXGLR[ 0HGLD-XLFH)LOH ±
YQGDXGLRH[SORVLRQPMXLFHPHGLDILOH
PMSJ YLGHR[PRWLRQMSHJ 0RWLRQ-3(* 9LGHR)RUPDW
PMSJF YLGHR[PRWLRQMSHJ 0RWLRQMSHJFKXQN 9LGHR)RUPDW
PKN %URGHUEXQG0RKDZN NRPSULPLHUWHV'DWHLDUFKLY
$UFKLY
PND DXGLR[PDWURVND 0DWURVND$XGLR UHLQH$XGLR'DWHQLQHLQHU0DWURVND
&RQWDLQHUGDWHL
PNG 0LFURNHUQHO'DWDEDVH DWDEOHLQD3HUYDVLYH64/GDWDEDVH
ILOH
PNY YLGHR[PDWURVND 0DWURVND9LGHR 9LGHR'DWHQLQHLQHU0DWURVND
&RQWDLQHUGDWHLZLUGDXFKYRQ'LY;
YRQ
&RQWDLQHUGDWHLZLUGDXFKYRQ'LY;
3OXV+'YHUZHQGHW
PP DSSOLFDWLRQEDVH )UHH0LQG0DSV ;0/lKQOLFKHV'DWHLIRUPDW
DSSOLFDWLRQ[PHPH )UHH0LQGHUVWHOOWXQGVSHLFKHUW
0LQGPDSV
PPDS 0LQGMHW 3URJUDPP]XU(UVWHOOXQJYRQ
0LQG0DQDJHU0DSV 0LQGPDSV
PPS 0LQGMHW 3URJUDPP]XU(UVWHOOXQJYRQ
0LQG0DQDJHU0DSV 0LQGPDSV
PPI 6DPVXQJ 6LHPHQV 3RO\SKRQH.OLQJHOW|QHIU6DPVXQJ
+DQG\ 6LHPHQV+DQG\VPLWGHP
PPI3OD\HUODVVHQVLFK0LGL'DWHLHQ
LPPPINRQYHUWLHUHQ
PPI 0LFURVRIW0DLOIU ELVJHEUlXFKOLFKHV
:LQGRZV 0DLOSURJUDPPZXUGHGXUFK2XWORRN
([SUHVVDEJHO|VW
PPO 0DWK0/ ;0/IRUPDWLHUWH)RUPHOGRNXPHQWH
PPP 0HGLD3OD\HU :LQGRZV0SOD\HU0XOWLPHGLDFOLS
0XOWLPHGLD&OLS
PPP 0DJL[0XVLF0DNHU 0DJL[0XVLF0DNHU
PQ 0X3$'3UR1RWHERRN $UEHLWVGDWHLGHV
&RPSXWHUDOJHEUDV\VWHPV0X3$'3UR
PQX 0HQX 0HQ'DWHLIU$XWR&$'
PQ\ DSSOLFDWLRQ[PVPRQH\ 0LFURVRIW0RQH\
PR 0DFKLQH2EMHFW *18JHWWH[W
PR 0RGHOLFDPRGHO 0RGHOLFD
PRF 0HWD2EMHFW&RGH'DWHL 4W
PRG DXGLRPRGDXGLRPRG 0RGXOH 7UDFNHUPRGXO0XVLNIRUPDWGHV
6RXQGWUDFNHUV8OWLPDWH6RXQGWUDFNHU
$PLJD
PRG DXGLRPRGDXGLR[PRG 0RGXOH 7UDFNHUPRGXO0XVLNIRUPDWGHV
3URWUDFNHUVXQGGHVVHQ.ORQH
)DVW7UDFNHU7DNHWUDFNHU
6WDUWUHNNHU
PRGHO ± &$'&$7,$
PRS 023$& 023$&±)LOH
PRW 0276±0RWRUROD 'DWHLIRUPDW]XPhEHUWUDJHQYRQ
65HFRUG)LOH +H[=HLFKHQLQHLQHQ)ODVK
6SHLFKHU>@
PRY YLGHRTXLFNWLPH 0RYLH 9LGHRGDWHLLQ$SSOHV4XLFN7LPH
)RUPDW
PS 0XVHSDFN$XGLRGDWHL IUHLHVYHUOXVWEHKDIWHWNRPSULPLHUWHV
$XGLRIRUPDW
03 DXGLRPSHJ>@ 0RYLQJ3LFWXUHV YHUOXVWEHKDIWHWNRPSULPLHUWH
([SHUWV*URXS 03(*$XGLRGDWHL
$XGLR/D\HU
03 DXGLRPSHJDXGLR[PSHJ 0RYLQJ3LFWXUHV YHUOXVWEHKDIWHWNRPSULPLHUWH
([SHUWV*URXS$XGLR 03(*'DWHL:LUGXDLQGHU
9LGHR 3OD\VWDWLRQ363HLQJHVHW]W
PSF DSSOLFDWLRQ[SURMHFW 0XVHSDFN$XGLRGDWHL IUHLHVYHUOXVWEHKDIWHWNRPSULPLHUWHV
$XGLRIRUPDW
YRQ
$XGLRIRUPDW
PSJ DXGLRPSHJYLGHRPSHJ 0RYLQJ3LFWXUH 9HUOXVWEHKDIWHWNRPSULPLHUWH)LOPH
PSHJ ([SHUWV*URXS
PSLF 0:03LFFROR 3URMHNW'DWHLDXIGHP3'$]XP
$XVWDXVFKYRQ$XIPDHQPLW
0:0/LEHUR
PSO 0HGLD3OD\/LVW
PSS DSSOLFDWLRQYQGPVSURMHFW 0LFURVRIW3URMHFW3ODQ 3URMHNWSODQIU0LFURVRIW3URMHFW
PSS DXGLR[PXVHSDFN 0XVHSDFN$XGLRGDWHL IUHLHVYHUOXVWEHKDIWHWNRPSULPLHUWHV
$XGLRIRUPDW
PST 0R
3D4NXU]IU0LNH $UFKLYGDWHLYRQ%OL]]DUGIU
2
%ULHQ3DFNEHQDQQW :DUFUDIW,,,6WDU&UDIW:RUOGRI
QDFKGHP(UILQGHU :DUFUDIWXQG'LDEOR
PSU )LOH0DNHU'LFWLRQDU\ :|UWHUEXFKIUGLH
5HFKWVFKUHLESUIXQJGHV
'DWHQEDQNV\VWHPV)LOH0DNHU
PSV 0D[3D\QH6DYHJDPH 6DYHJDPH'DWHLGHV&RPSXWHUVSLHOV
0D[3D\QH
PSV 0DS6RXUFH'DWDILOH *DUPLQ0DS6RXUFH*36GDWDILOH
PSW DSSOLFDWLRQ[SURMHFW 0LFURVRIW3URMHFW 3URMHNWSODQYRUODJHIU0LFURVRIW
WHPSODWH 3URMHFW
PS[ DSSOLFDWLRQ[SURMHFW 0LFURVRIW3URMHFW $6&,,'DWHLIRUPDWXP
([FKDQJH'DWHL 3URMHNWLQIRUPDWLRQHQ]ZLVFKHQ
YHUVFKLHGHQHQ9HUVLRQHQYRQ
0LFURVRIW3URMHFW9HUVLRQHQ
XQG)UHPGDQELHWHUSURJUDPPHQ
DXV]XWDXVFKHQ
PS[ 0LQGPDQJHU3UR &LWDYL0LQGMHW0LQG0DQDJHU3UR
([SRUW'DWHL ([SRUWIRUPDWDE9HUVLRQ
PUF DSSOLFDWLRQPDUF P,5&6FULSWGDWHL 6FULSWGDWHLIU0,5&LPW[W)RUPDW
PUZ 0LQROWD5DZ,PDJH %LOGURKGDWHQYRQ.RQLFD0LQROWD
.DPHUDV
PV (OHFWURQLFV:RUNEHQFK
0XOWLVLPY±
6FKDOWSODQ
PV (OHFWURQLFV:RUNEHQFK
0XOWLVLPY±
6FKDOWSODQ
PVD 0\U6FULSW'DWHL 6FULSWVSUDFKHYRQ0\ULDG+DUPRQ\
$VVLVWDQW1RWHQVDW]SURJUDPP
PVF 0LFURVRIW0DQDJHPHQW 6QDSLQIUGLH0LFURVRIW0DQDJHPHQW
&RQVROH6QDSLQ &RQVROH
&RQWURO)LOH
PVI 0R]LOOD7KXQGHUELUG ,QGH[GDWHLHQLPDSVHUYHUQDPHPVI
PDLOVXPPDU\ILOH ]XGHQ,0$3.RQWHQ
PVJ DSSOLFDWLRQYQGPVRXWORRN 0HVVDJH 0LFURVRIW2XWORRN±DOV'DWHL
JHVSHLFKHUWH(0DLO
PVL 0LFURVRIW,QVWDOOHU ,QVWDOODWLRQVGDWHLHQIUGHQ0LFURVRIW
,QVWDOOHUZHUGHQXQWHU:LQGRZVDOV
,QVWDOODWLRQVGDWHLHQHLQJHVHW]W
PVP 0LFURVRIW,QVWDOOHU 0LWWHOV0HUJHPRGXOHVN|QQHQ
YRQ
PVP 0LFURVRIW,QVWDOOHU 0LWWHOV0HUJHPRGXOHVN|QQHQ

0HUJH0RGXOH 'DWHLHQ5HJLVWU\NH\VXQGDQGHUH
,QKDOWHYHUWHLOWZHUGHQGLHPLW
06,'DWHLHQYHUEXQGHQZHUGHQ
N|QQHQ
PVQ 0LFURVRIW1HWZRUN
3URWRNROO
PVS 0LFURVRIW,QVWDOOHU 0LWWHOVPVS'DWHLHQZHUGHQ3DWFKHV
3DWFKGDWHL IUEHVWHKHQGHPVL'DWHLHQYHUWHLOW
PVW 0LFURVRIW,QVWDOOHU 9RUNRQILJXUDWLRQE]Z
7UDQVIRUPDWLRQVGDWHL $QWZRUWLQIRUPDWLRQHQIU
PVL'DWHLHQ
PVX 0LFURVRIW8SGDWH YHUJOHLFKEDUPLWPVL
PVZPP 0LFURVRIW:LQGRZV :LQGRZV0RYLH0DNHU3URMHNW
0RYLH0DNHU3URMHNW
PWP 0XOWLWUDFNHU0RGXOH 7UDFNHUPRGXO0XVLNIRUPDWGHV
0XOWL7UDFNHUV
PWV 0SHJ7UDQVSRUW PHLVW$9&+'9LGHRGDWHLVLHKHDXFK
6WUHDP PWV
PXV 0XVLF (QGXQJZLUGYRQGHQ
1RWHQVDW]SURJUDPPHQ)LQDOHXQG
6FRUHEHLXQWHUVFKLHGOLFKHQ
'DWHLIRUPDWHQJHQXW]W
PXV 0XVLFDP .DQQDXFKIU086,&$0VWHKHQ,Q
$XGLRVFKQLWWSURJUDPPHQZLH(GLJDV
PX[ 0XVLNIRUPDW :LUG]XP.RQYHUWLHUHQLQGDV
JE[)RUPDWEHQXW]W
PYI 6WRSIUDPHILOH 9LGHRIRUPDWYRQ$XWR&$'
PZ 0DSOH:RUNVKHHW 0DSOH6WDQGDUG:RUNVKHHW
;0/FRGLHUW
PZE 0\64/:RUNEHQFK 'DWHLYRQ0\64/:RUNEHQFK
EHLQKDOWHW'DWHQEDQN6FKHPDLQNO
'LDJUDPPHQ
PZS /RWXV:RUG3UR 9RUODJHQGDWHLGHU7H[WYHUDUEHLWXQJGHU
6PDUWPDVWHU %URVRIWZDUH6XLWH/RWXV6PDUW6XLWH
PZSS 0\:HEILQGHU3URMHNW 3URMHNWSDFNDJHIU0\:HE)LQGHU
3DFNDJH
PZV 0DSOH:RUNVKHHW 0DSOH&ODVVLF:RUNVKHHWDXFKPLW
lOWHUHQ0DSOH9HUVLRQHQEHQXW]EDU
P[Y 0DJL[9LGHR (KHPDOLJHV)RUPDWYRQ0DJL[9LGHR
,QQHXHQ3URJUDPPYHUVLRQHQKHLW
GLHVHV)RUPDW09'
P\G 0\64/'DWHQEDQN 'DWHQEDQNGDWHLIU0\64/
0\,6$07DEHOOH
P\L 0\64/'DWHQEDQN 'DWHQEDQNGDWHLIU0\64/
,QGH[ 0\,6$07DEHOOHQLQGH[
P\U 0XVLNIRUPDW 0XVLNIRUPDWYRQ0\ULDG+DUPRQ\
$VVLVWDQW±1RWHQVDW]XQG6HTXHQ]HU
3URJUDPP
P]W +70/9RUODJH 1YXHLJHQHV)RUPDW]XU6SHLFKHUXQJ
YRQ[KWPO9RUODJHQZLHKWPO
YRQ
YRQ
9ROOVWlQGLJHU
'DWHLHQGXQJ 0,0(7\S %HPHUNXQJHQ9HUZHQGXQJ
1DPH
QG QRYDGUDZLQJ '&$'=HLFKQXQJ3DSLHU]HLFKQXQJGHU)LUPD3ODQFDO
'&$'=HLFKQXQJ0RGHOO]HLFKQXQJGHU)LUPD
QP QRYDPRGHO
3ODQFDO
1LQWHQGR 'XPSHLQHV1LQWHQGR6SLHOVLP)OLSURP)RUPDW]XU
Q
520,PDJH 9HUZHQGXQJLQHLQHP(PXODWRU
QE 1RWHERRN 0DWKHPDWLFD
QEX 6LFKHUXQJVGDWHLGHV&RQWHQW&RSLHUGHU1RNLD3&6XLWH
9LVXDO&,QWHOOL6HQVH'DWDEDVH0LFURVRIW'HYHORSHU
QFE
6WXGLR
1HUR&RYHU
QFG
'HVLJQHU
1HW:DUH
QFI 1RYHOO1HW:DUH6HUYHU%DWFKILOHV
&RPPDQG)LOH
%LOGHU6WDFNYRQ1,6(OHPHQWV6RIWZDUHIU1LNRQ
QG
0LNURVNRSHDXI%DVLVYRQ-SHJ
'XPSHLQHV1LQWHQGR'66SLHOV]XU9HUZHQGXQJLQHLQHP
1LQWHQGR'6
QGV (PXODWRU'LH(QGXQJQGVZLUGDXFKPHLVWIU1'6
520LPDJH
+RPHEUHZYHUZHQGHW
1HPHWVFKHN
QGZ &$'3URJUDPP1HPHWVFKHN
'UDZLQJILOH
QHI 5RKGDWHQ ]XU6SHLFKHUXQJYRQ)RWRVLQ1LNRQ'LJLWDONDPHUDV
'XPSHLQHV1LQWHQGR(QWHUWDLQPHQW6\VWHP6SLHOV]XU
QHV 1(6520LPDJH
9HUZHQGXQJLQHLQHP(PXODWRU
1RUPDO)RUP 'DWHLIRUPDW]XU6SHLFKHUXQJYRQ1RUPDOIRUPVSLHOHQ
QIJ
*DPH PLWWHOV*DPELW
5HLQHU7H[WZLUGPHLVWPLWLQ$UFKLYHQUDUWDUHWF
JHVSHLFKHUWXPGHQ,QKDOWDQ]XJHEHQE]Z=XVDW]LQIRV
QIR Ä,QIR³'DWHL ,QVWDOODWLRQVDQZHLVXQJ]XVSHLFKHUQ8P$6&,,
*UDILNHQGDU]XVWHOOHQNDQQHLQ1)29LHZHUEHQXW]W
ZHUGHQ
06,QIR
QIR :LQGRZV6\VWHPLQIRUPDWLRQVGDWHL
'RNXPHQW
1HR*HR3RFNHW 'XPSHLQHV61.1HR*HR3RFNHW&RORU6SLHOV]XU
QJS
520LPDJH 9HUZHQGXQJLQHLQHP(PXODWRU
3L[HOEDVLHUWH*UDILN%LOGGDWHL
QJU 1*5*UDILF)LOH
1*59,(:(51*5'(6,*1(5
1)6&'=XVDPPHQVWHOOXQJHUVWHOOWPLW1HUR%XUQLQJ
QKI 1HUR+)6
520
'DV1,))'DWHLIRUPDWZXUGHJHPHLQVFKDIWOLFKXD
1RWDWLRQ YRQGHQ+HUVWHOOHUQGHUJURHQ1RWHQVDW]SURJUDPPH
YRQ
1RWDWLRQ YRQGHQ+HUVWHOOHUQGHUJURHQ1RWHQVDW]SURJUDPPH
QLI LPDJH[QLII ,QWHUFKDQJH)LOH HUDUEHLWHWZLUGDEHUVHOEVWYRQGHQEHWHLOLJWHQ
)RUPDW1,)) 6RIWZDUHILUPHQNDXPXQWHUVWW]WXQGYHUPXWOLFKYRQ
;0/EDVLHUWHQ)RUPDWHQDEJHO|VWZHUGHQ
1HW,QVWDOO
QLU :LQGRZV5HJLVWU\LQIRUPDWLRQHQHLQHV1HW,QVWDOOSURMHNWHV
5HJLVWU\ILOH
1HWZDUH
QOP /RDGDEOH $XVIKUEDUH'DWHLXQWHU1RYHOO1HWZDUH
0RGXOH
/D7H; 'DWHLLQGHUGLH$ENU]XQJHQXQGYHUZHQGHWHQ
QOV
QRPHQFODWXUHV 6RQGHU]HLFKHQ]% HWFDXIJHOLVWHWZHUGHQ
1RYD0LQG
QPLQG 0LQGPDS'DWHLGHU6RIWZDUH1RYD0LQG
0LQGPDS
&'520=XVDPPHQVWHOOXQJ03HUVWHOOWPLW1HUR
QU 1HUR03
%XUQLQJ520
$XGLR&'=XVDPPHQVWHOOXQJHUVWHOOWPLW1HUR%XUQLQJ
QUD 1HUR$XGLR
520
&'520=XVDPPHQVWHOOXQJ%RRWHUVWHOOWPLW1HUR
QUE 1HUR%RRW
%XUQLQJ520
&'520=XVDPPHQVWHOOXQJ8'),62HUVWHOOWPLW1HUR
QUF 1HUR&RPSDWLEOH
%XUQLQJ520
'9'9LGHR=XVDPPHQVWHOOXQJHUVWHOOWPLW1HUR%XUQLQJ
QUG 1HUR'9'
520
1HUR&' &'(;75$=XVDPPHQVWHOOXQJHUVWHOOWPLW1HUR%XUQLQJ
QUH
(;75$ 520
QUJ 1HUR,PDJH &',PDJHHUVWHOOWPLW1HUR%XUQLQJ520
&'520=XVDPPHQVWHOOXQJ+\EULGHUVWHOOWPLW1HUR
QUK 1HUR+\EULG
%XUQLQJ520
&'520=XVDPPHQVWHOOXQJ,62HUVWHOOWPLW1HUR
QUL 1HUR,62
%XUQLQJ520
1HUR0L[HG 0L[HG0RGH&'=XVDPPHQVWHOOXQJHUVWHOOWPLW1HUR
QUP
0RGH&' %XUQLQJ520
&'520=XVDPPHQVWHOOXQJ8')HUVWHOOWPLW1HUR
QUX 1HUR8')
%XUQLQJ520
&'9LGHR=XVDPPHQVWHOOXQJHUVWHOOWPLW1HUR%XUQLQJ
QUY 1HUR9LGHR
520
&'520=XVDPPHQVWHOOXQJ:0$HUVWHOOWPLW1HUR
QUZ 1HUR:0$
%XUQLQJ520
'DWHQGDWHLYRQ1HWVWXPEOHUPLW,QIRUPDWLRQHQEHU
QV 1HWVWXPEOHU)LOH
JHIXQGHQH:LUHOHVV/$1V
1DVVL
QVG 6KQHLGHUPDQ ;0/6WUXNWRJUDPP'DWHLIRUPDWYRQ6WUXNW*HQ
'LDJUDPP
1LQWHQGR6RXQG
QVI 0XVLNGDWHLGHV1LQWHQGR(QWHUWDLQPHQW6\VWHP1(6
)LOH
1RWHV6WRUDJH
QVI /RWXV1RWHV'DWHQEDQN
)DFLOLW\
1RUG6WDJH 3URJUDPP'DWHLIUGDVYRQ&ODYLDHQWZLFNHOWH1RUG
YRQ
1RUG6WDJH 3URJUDPP'DWHLIUGDVYRQ&ODYLDHQWZLFNHOWH1RUG
QVSJ
3URJUDP 6WDJH3LDQR
1XOOVRIW 6WUHDPLQJ9LGHR&RQWDLQHUIRUPDW(QWZLFNHOWGHQ
QVY
6WUHDPLQJ9LGHR 0DFKHUQYRQ:LQDPS1XOOVRIW
QW 1HW]GDWHL 1HW]GDWHL%DFNXSHUVWHOOWPLW-%66%$+1
QW 1HW]GDWHL 1HW]GDWHLHUVWHOOWPLW-%66%$+1
1RWHV7HPSODWH
QWI /RWXV1RWHV'DWHQEDQNYRUODJH6FKDEORQH
)LOH
*H]LSSWH;0/'DWHLZHOFKH7KHPHQIU1RNLD+DQG\V
QWK 1RNLD7KHPH
GHILQLHUW
1HWYLHZHU'DWHLIRUPDWNDQQPLW1HWSOD\HUDEJHVSLHOW
QYO 1HWYLHZHU
ZHUGHQ
($QLPDWLRQ 9HNWRUJUDILNIRUPDWGDVXQWHUDQGHUHPIU$QLPDWLRQHQ
QYD
1(9$ DXI6KDUS+DQG\VJHQXW]WZLUG
QY] QRYD =HLFKHQGDWHLGHV&$'3URJUDPPVQRYD
12:$,7 5HVVRXUFH'DWHLIUJUDSKLVFKH%HQXW]HUREHUIOlFKHQGHV
QZW
5HVRXUFH)LOH &*8,)UDPHZRUNV12:$,7
Q] 1DQR=LS .RPSULPLHUWHV'DWHLDUFKLY
6XFKHUJHEQLVVHYRQ8VHQHW6XFKPDVFKLQHQV1=%
Q]E 1HZ=%LQ
'DWHLIRUPDW
YRQ

R DSSOLFDWLRQRFWHWVWUHDP 2EMHFW 2EMHNWGDWHL8QL[
RF 2EMHFW6HH
,QVWDOODWLRQVGDWHLLPWDUE]
RSHQ[RUJLQVWDOO
RR )RUPDWIUGLH*HUlWHVHULH*LJDVHW
ILOH
0[
2XWORRNRIIOLQHDGGUHVVERRNLP
RDE DSSOLFDWLRQRGD 062XWORRN =XVDPPHQVSLHOPLW06([FKDQJH
6HUYHU
REG 062IILFH%LQGHU)LOH ±
REM 2EMHFW 2EMHNWGDWHL'26:LQGRZV26
REM *UDILNGDWHLYRQ7JLI
2SHUD%LQDU\0DUNXS 9RQ2SHUD0LQLJHVSHLFKHUWH
REPO
/DQJXDJH :HEVHLWHQ
RFW 9,3%HIHKOVVDW] 9,3
RF[ 3URJUDPPHUZHLWHUXQJ 0LFURVRIW2/(FXVWRPFRQWUROV
2SHQ'RFXPHQW
RGE DSSOLFDWLRQYQGRDVLVRSHQGRFXPHQWGDWDEDVH 2$6,6'DWHQEDQNGDWHL
'DWDEDVH
RGF 2SHQ'RFXPHQW&KDUW 2$6,6'LDJUDPPGRNXPHQW
2SHQ'RFXPHQW
RGI DSSOLFDWLRQYQGRDVLVRSHQGRFXPHQWIRUPXOD 2$6,6)RUPHOGRNXPHQW
)RUPHO
2SHQ'RFXPHQW
RGJ DSSOLFDWLRQYQGRDVLVRSHQGRFXPHQWJUDSKLFV 2$6,6=HLFKQXQJVGRNXPHQW
*UDSKLFV
2SHQ'RFXPHQW
RGL 2$6,6%LOGGDWHL
,PDJH
2SHQ'RFXPHQW
RGP DSSOLFDWLRQYQGRDVLVRSHQGRFXPHQWWH[WPDVWHU 2$6,6*OREDOGRNXPHQW
0DVWHU
2SHQ'RFXPHQW
RGS DSSOLFDWLRQYQGRDVLVRSHQGRFXPHQWSUHVHQWDWLRQ 2$6,63UlVHQWDWLRQVGRNXPHQW
3UHVHQWDWLRQ
2SHQ'RFXPHQW
RGV DSSOLFDWLRQYQGRDVLVRSHQGRFXPHQWVSUHDGVKHHW 2$6,67DEHOOHQGRNXPHQW
6SUHDGVKHHW
2$6,67H[WGRNXPHQW DXFK
RGW DSSOLFDWLRQYQGRDVLVRSHQGRFXPHQWWH[W 2SHQ'RFXPHQW7H[W .:RUG$EL:RUGXQG7H[W0DNHU
2SHQ2IILFHDE9HUVLRQ
)LQDQ]GDWHL]XPhEHUWUDJHQYRQ
2SHQ)LQDQFLDO
RIF 'DWHQ]%DXVHLQHP%DQNNRQWR
&RQQHFWLYLW\
LQHLQH)LQDQ]DSSOLNDWLRQ
%HVFKUHLEXQJYRQ3RO\JRQHQLQ
RII 2EMHFW)LOH)RUPDW
ZLVVHQVFKDIWOLFKHU6RIWZDUH
YHUOXVWIUHLNRPSULPLHUHQGHV
RIU 2SWLP)52*
$XGLRIRUPDW
2XWORRN)RUPDWYRUODJH2XWORRN
RIW 062XWORRN
)RUPDW7HPSODWH
2SHQ)LQDQFLDO 2IIHQHV'DWHLIRUPDWIU
RI[
([FKDQJH )LQDQ]GDWHQDXVWDXVFK
IUHLHV&RQWDLQHUIRUPDWIU$XGLR
RJD 2JJ$XGLR 6WUHDPGDWHQHQWKlOWLP)DOOHGLHVHU
(QGXQJ2JJ9RUELV$XGLR
IUHLHV&RQWDLQHUIRUPDWIU9LGHR
YRQ
XQG$XGLR6WUHDPXQG0HWDGDWHQ
RJJ 2JJ
HQWKlOWLP)DOOHGLHVHU(QGXQJ
PHLVWHQV2JJ9RUELV$XGLR
RJP 2JJ0HGLD XQG$XGLR6WUHDPXQG0HWDGDWHQ
QLFKWRIIL]LHOO
XQG$XGLR6WUHDPXQG0HWDGDWHQ
RJY 2JJ9LGHR
HQWKlOWLP)DOOHGLHVHU(QGXQJ
PLQGHVWHQV7KHRUD9LGHR
IUHLHV&RQWDLQHUIRUPDWIU
RJ[ 2JJ$SSOLFDWLRQ
DSSOLFDWLRQRJJ
RNW 2NWDO\]HU
$PLJD2NWDO\]HUV
3URGXFW9LHZ'9LHZHU3DUW)LOH
RO RO
IURP37&
ROG ROG 6LFKHUXQJVGDWHLZLHEDN
RON ± $GUHVVEXFK2XWORRN
NRPSULPLHUWHV$XGLRIRUPDWYRQ
6RQ\GDVVLFKHLQIDFKLQ03
RPD 2SHQ0*$XGLR
XPZDQGHOQOlVVWVLHKH7RROVEHLP
2SHQ0*$UWLNHO
2 2'LVN,PDJH'LVN ,PDJH)RUPDWYRQ2 2
RPJ
,PDJH 'LVN,PDJH
%LOGVFKLUPDXVVFKQLWWYRQ0LFURVRIW
RQH 2QH1RWH 2QH1RWH7HLOYRQPDQFKHQ
2IILFH9HUVLRQHQ
2U&DG3URMHFW)LOH2ULJLQ3URMHFW
23-
)LOH2ULJLQ/DE
$UEHLWVEHUHLFK.RQILJXUDWLRQVGDWHL
RSW ±
XQWHU&
RU /RWXV2UJDQL]HU'DWHL 2UJDQL]HU9HUVLRQ
5RKGDWHQGDWHLYRQGLJLWDOHQ
RUI 2O\PSXV5DZ)LOH
2O\PSXV6SLHJHOUHIOH[NDPHUDV
2XWORRN2IIOLQH
RVW 062XWORRN 6\QFKURQLVLHUXQJVGDWHLlKQOLFK
SVW
6FKULIWGDWHLPLW3RVWVFULSW
RWI 2SHQ7\SH)RQW
.RQWXUHQ
2'RF7HPSODWH 2$6,6
RWJ
'UDZLQJ =HLFKQXQJVGRNXPHQWYRUODJH
2'RF7HPSODWH
RWK 2$6,6+70/'RNXPHQWYRUODJH
+70/
2'RF7HPSODWH 2$6,6
RWS
3UHVHQWDWLRQ 3UlVHQWDWLRQVGRNXPHQWYRUODJH
&RGLHUWH9LGHR'DWHLGHV
RWUNH\ 2WUNH\)LOH 2QOLQH795HFRUGHUV
KWWSZZZRQOLQHWYUHFRUGHUFRP
2'RF7HPSODWH
RWV 2$6,67DEHOOHQGRNXPHQWYRUODJH
6SUHDGVKHHW
2$6,67H[WGRNXPHQWYRUODJH
RWW 2'RF7HPSODWH7H[W DXFK.:RUG$EL:RUGXQG
7H[W0DNHU
RXW ± $XVIKUEDUH'DWHL/LQX[
YRQ
0XVLNQRWHQ)RUPDWYRQ2EWLY
RYD 2FWDYD'DWHL
2FWDYD
RYO 9HNWRUGDWHQ2YHUOD\ 7RS
RYO 2YHUOD\ :RUG6WDU
6WDU2IILFHDE9HUVLRQE]Z2SHQ2IILFHRUJDE9HUVLRQOHVHQGEHUHLWVDE9HUVLRQ
YRQ

&RQWDLQHUGDWHLIUSULYDWHQXQG
S DSSOLFDWLRQSNFVDSSOLFDWLRQ[SNFV 3.,3.&6)RUPDW |IIHQWOLFKHQ6FKOVVHO3.,LP
3.&6)RUPDW$OWHUQDWLYSI[
6LFKHUXQJVGDWHLHLQHV3URMHNWHVLP
(YHQWSODQHUSODQYL]
SY 3ODQXQJVGDWHL ZLQGRZVEDVLHUHQG
YRQGLQEHUOLQ
S 6DW]GDWHL $GREH3DJHPDNHU

*$(%'DWHL$XVWDXVFK/9
S /HLVWXQJVYHU]HLFKQLVV ]ZLVFKHQ]XP%HLVSLHO$UFKLWHNW
XQG,QJHQLHXU
*$(%'DWHLPLW
S $QJHERWVDXIIRUGHUXQJ
*$(%'DWHLPLW
S $QJHERWVDEJDEH
$QJHERWVDEJDEH
*$(%'DWHLPLW
S 1HEHQDQJHERW
1HEHQDQJHERW
*$(%'DWHLPLW
S $XIWUDJVHUWHLOXQJ
$XIWUDJVHUWHLOXQJ
*$(%'DWHLPLW
S 1DFKWUDJ
$QJHERWVQDFKWUDJ
*$(%'DWHLPLW
S 5HFKQXQJ
5HFKQXQJVGDWHQ
3URJUDPP'DWHLGHU7,D
S 7,3URJUDPILOH
(PXODWLRQHQ
&RQWDLQHUGDWHL|IIHQWOLFKHQ
SE DSSOLFDWLRQ[SNFVFHUWLILFDWHV 3.,3.&6)RUPDW
6FKOVVHO3.,LP3.&6)RUPDW
SV 3.,3.&6)RUPDW 6LJQDWXULP3.&6)RUPDW
3DS\UXV7H[WYHUDUEHLWXQJ
SDE 3DS\UXV
%DFNXS)LOHV
(LQ%LOGIRUPDWGHUDXIGHP$WDUL
SDF 6\VWHPZHLWYHUEUHLWHWHQ
%LOGYHUDUEHLWXQJ67$'
/RVVOHVV3UHGLFWLYH$XGLR
SDF YHUOXVWIUHLHV$XGLRIRUPDW
&RPSUHVVLRQ
$QKDQGHLQHU3UR[\$XWR&RQILJ
3$&'DWHLNDQQHLQ:HEEURZVHU
SDF 3UR[\$XWR&RQILJ DXWRPDWLVFKGHQSDVVHQGHQ
3UR[\VHUYHUIUHLQHJHZQVFKWH
85/ILQGHQ
SDFNDJH $XWRSDFNDJH3URJUDPPSDNHW
$SSOH3DJHV%HVWDQGWHLOGHV
SDJHV 3DJHV
%URSDNHWHV,:RUN
SDN ± 0HGLHQELEOLRWKHN4XDNH,,(QJLQH
)DUESDOHWWHQlOWHUHU
SDO 3DOHWWH
*UDILNSURJUDPPHPHLVWHQVIUELW
SDS 3DS\UXV 3DS\UXV7H[WYHUDUEHLWXQJ
SDS 3DS'HVLJQHU 3URJUDPPIU3URJUDPPDEODXISODQ
SDU 3$5:LHGHUKHUVWHOOXQJVGDWHL 4XLFN3DU
YRQ

3'6'DWHLPLW0HPEHUQGLH
SDUPOLE ]263DUDPHWHUELEOLRWKHN 6\VWHPSDUDPHWHUXQG
6\VWHPGDWDVHWVVSH]LIL]LHUHQ
8QYROOVWlQGLJH'RZQORDG'DWHLGLH
VWlQGLJHUZHLWHUWELVGHU'RZQORDG
YROOHQGHWLVWXQGGDQQLQGLH
SDUW DSSOLFDWLRQSURBHQJ 3DUWL]LHUWH'DWHL
MHZHLOLJH'DWHLYHUVFKREHQZLUG
]XP%HLVSLHO[\PSSDUW!
[\PS
%RUODQG3DVFDO'HOSKL
SDV WH[WSDVFDO 3DVFDO6RXUFH&RGH)LOH
4XHOOWH[WGDWHL
SDW +DWFK3DWWHUQ $XWR&$'6FKUDIIXU'DWHL
SE 3XUH%DVLF 'RNXPHQWHGHU3URJUDPPLHUVSUDFKH
SE 3DS\UXV%DVH 3DS\UXV'DWHQEDQN
SE VFP[[ 6LHPHQV+DQG\7HOHIRQEXFK
6RQ\363$QZHQGXQJ
3%3
(%2273%3
3DS\UXV'DWHQEDQN)RUPDWYRUODJH
SEI 3DS\UXV%DVH)RUPDWYRUODJH
IUGLH(LQJDEHPDVNH
,PDJH'DWHLGHV3URJUDPV3DUDJRQ
SEI 3DUDJRQ'ULYH%DFNXS
'ULYH%DFNXS
,QFOXGH'DWHLGHU
SEL 3XUH%DVLF,QFOXGH
3URJUDPPLHUVSUDFKH3XUH%DVLF
SEP LPDJH[SRUWDEOHELWPDS 3RUWDEOH%LWPDS %LOGGDWHL
$WDUL67%LOGIRUPDWNRPSULPLHUW
SF 'HJDV(OLWH ESS[)DUEWDEOOHDXV
)DUEHQ
SF 'HJDV(OLWH ESS[)DUEWDEHOOHDXV
)DUEHQ
SF 'HJDV(OLWH
ESS[PRQR
SFG 3KRWR&' .RGDN)RWR&'
:LQGRZV,QVWDOOHU3DWFK
SFS ±
(UVWHOOXQJV'DWHL
SFW LPDJH[SLFW 0DF3LFW %LOGGDWHL
SF[ LPDJH[SF[ =VRIW3DLQWEUXVK %LOGGDWHL
6RQ\3OD\VWDWLRQ3RUWDEOH (QWSDFNEDUPLWGHP3%38QSDFNHU
SES
DXVIKUEDUHV$UFKLY YRQSGF
SG 3XUH'DWD3DWFK'DWHL
SG 3LSH'UHDP'RNXPHQW
SGE $SRUWLV'RF 3DOP7H[WGRNXPHQW
,QGLHVHU'DWHLVWHOOW069LVXDO
SGE 0LFURVRIW9LVXDO6WXGLR 6WXGLRGLH6\PEROHIUHLQH'DWHLLP
5HOHDVHRGHUDXFK'HEXJIRUPDWDE
SGE FKHPLFDO[SGE 3URWHLQ'DWD%DQN 'DWHLIRUPDWIU0ROHNXODUVWUXNWXUHQ
'DWHLIRUPDWYRQ$GREH
SGG
3KRWR'HOX[H
IRUPDWWUHXHV'RNXPHQWHQIRUPDW
SGI DSSOLFDWLRQSGI 3RUWDEOH'RFXPHQW)RUPDW
YRQ$GREH
1RYHOO6\VWHP3ULQW'HI
SGI
'HYLFH'HILQLWLRQ)LOH
&',PDJHHUVWHOOWPLW3LQQDFOH
SGL 3LQQDFOH'LVF,PDJH
YRQ
&',PDJHHUVWHOOWPLW3LQQDFOH
SGL 3LQQDFOH'LVF,PDJH
,QVWDQW&''9'
SGQ 'DWHLHUVWHOOWPLW3DLQW1(7
$OWHUQDWLYH'DWHLHLQGXQJIU3')V
SGS 3KRWRVKRS3') DXV3KRWRVKRSEHLP6SHLFKHUQLQ
:LQGRZVYHUIJEDU
'LHVH'DWHLHQHQWKDOWHQ
SGVI 3URFHVV'DWD6WDQGDUG)RUPDW 3UR]HVVGDWHQYRQ$QODJHQLQGHU
+DOEOHLWHULQGXVWULH
'HUYHUZHQGHWH'UXFNHUZLUGQLFKW
,%0L6HULHV$FFHVV
SGW EHUGHQ'UXFNHUWUHLEHUVRQGHUQ
'UXFNHUEHVFKUHLEXQJ
GLUHNWEHUGLH3'7JHVWHXHUW
'LHVH'DWHLEHVFKOHXQLJWLP
=XVDPPHQKDQJPLWHLQHU
$XGLR'DWHLGHQgIIQXQJVYRUJDQJ
LQHLQHP$XGLRHGLWRU,QGHU'DWHL
LVWGLHJUDILVFKH:HOOHQIRUPGHU
SHDN :HOOHQIRUPHLQHU$XGLRGDWHL $XGLR'DWHLJHVSHLFKHUWGLH]XP
EHDUEHLWHQGHV$XGLRVQRWZHQGLJLVW
(LQ/|VFKHQGLHVHU'DWHLEHZLUNW
OHGLJOLFKHLQHQHLQPDOLJOlQJHUHQ
/DGHYRUJDQJGHUGD]XJHK|ULJHQ
$XGLR'DWHL
'LHVH'DWHLHQWKlOWGLH
5RKGDWHQIRUPDWYRQ3HQWD[
SHI XQEHDUEHLWHWHQ5RKGDWHQDXVGHP
'6/5
V
&&'HLQHU3HQWD['6/5
%DVHNRGLHUWHV'(5=HUWLILNDW
XPVFKORVVHQPLW
SHP 3ULYDF\(QKDQFHG0DLO
%(*,1&(57,),&$7(
XQG(1'&(57,),&$7(
/RJLWHFK+DQGVFKULIWGDWHLIRUPDWPLW
SHQ LR3HQ'RFXPHQW 0HWDGDWHQWHLOZHLVHXQYHUVFKOVVHOW
LQ;0/
PLW]XP%HLVSLHO3URMHFW;HUVWHOOWH
SHV 3DFNHWL]HG(OHPHQWDU\6WUHDP 9LGHRGDWHLDEVSLHOEDUPLW]XP
%HLVSLHO0HGLD3OD\HU&ODVVLF
SHV 6WLFNGDWHL
:RUG3HUIHFW3URJUDP(GLWRU
SHV
:RUN6SDFH)LOH
:LQGRZV;3ZHUWHWMHGHQ
%RRW9RUJDQJDXVXQGVSHLFKHUWGDV
(UJHEQLVLPZLQGLU?SUHIHWFK
2UGQHUDE'LHGRUWDQJHOHJWHQ
SI'DWHLHQHQWKDOWHQGLH
6SHLFKHUVHLWHQDXIGLHZlKUHQGGHV
%RRWYRUJDQJV]XJHJULIIHQZLUG'LHV
GLHQW]XPYRUDXVVFKDXHQGHQ/DGHQ
SI 3UHIHWFKILOH GHU6SHLFKHUVHLWHQEHLPQlFKVWHQ
%RRW9RUJDQJ
bKQOLFKRUJDQLVLHUW:LQGRZVDXFK
GDV6WDUWHQYRQ
$QZHQGXQJVSURJUDPPHQ)UMHGHV
3URJUDPPH[LVWLHUWLP3UHIHWFK
2UGQHUHLQHHLJHQH6WDUWGDWHL
3RVW6FULSW7\SH6FKULIWDUWELOGHW
SIE 3RVW6FULSW)RQW%LQDU\
Ä*HVSDQQ³PLWSIP
3RVW6FULSW7\SH6FKULIWDUW
SIP 3RVW6FULSW)RQW0HWULF
:LQGRZV
+HUXQWHUODGEDUH6FKULIWDUWHQGLH
LQ:HEVHLWHQHLQJHEXQGHQVLQG6LH
YRQ
LQ:HEVHLWHQHLQJHEXQGHQVLQG6LH
SIU 3RUWDEOH)RQW5HVRXUFH
PVVHQQLFKWDXIGHP=LHOV\VWHP
LQVWDOOLHUWVHLQ
&RQWDLQHUGDWHLIUSULYDWHQXQG
SI[ DSSOLFDWLRQ[SNFV 3.,3.&6)RUPDW |IIHQWOLFKHQ6FKOVVHO3.,LP
3.&6)RUPDW$OWHUQDWLYS
3*3YHUVFKOVVHOWH&RQWDLQHUGDWHL
SJG 3UHWW\*RRG3ULYDF\'LVN GLHVLFKXQWHU:LQGRZVDOVYLUWXHOOH
)HVWSODWWHHLQELQGHQOlVVW
(LQSURSULHWlUHV'DWHLIRUPDW]XU
SJP 3RUWDEOH*UD\PDS
6SHLFKHUXQJYRQ%LOGGDWHQ
7H[WGDWHL]XU6SHLFKHUXQJYRQ
SJQ 3RUWDEOH*DPH1RWDWLRQ
6FKDFKSDUWLHQ
SJS 3URJUDP3DUDPHWHU $XWRFDG
'733URJUDPPIU:LQGRZV
SJV 3DJHVWUHDP
/LQX[0DF26$PLJD26
3+36NULSWHPSIRKOHQH
SKS WH[WSKS 3+3+\SHUWH[W3UHSURFHVVRU
'DWHLHQGXQJ
3+36NULSWQLFKWHPSIRKOHQH
3+3+\SHUWH[W3UHSURFHVVRU
SKS WH[WSKS DOWHUQDWLYH'DWHLHQGXQJGHU9HUVLRQ
9HUVLRQ

9HUVLRQ

9HUVLRQ

3+36RXUFHZLUGYHUZHQGHWXP
3+3+\SHUWH[W3UHSURFHVVRU GHQ4XHOOFRGHOHGLJOLFK
SKSV
6RXUFH KHUYRU]XKHEHQXQGQLFKW
DXV]XIKUHQ
3+3+\SHUWH[W0DUNXS 3+36NULSWQLFKWHPSIRKOHQH
SKWPO
/DQJXDJH DOWHUQDWLYH'DWHLHQGXQJ
$WDUL67%LOGIRUPDWXQNRPSULPLHUW
SL 'HJDV(OLWH ESS[)DUEWDEOOHDXV
)DUEHQa.%
SL 'HJDV(OLWH ESS[)DUEWDEHOOHDXV
)DUEHQa.%
SL 'HJDV(OLWH
ESS[PRQRa.%
=XVDW]LQIRUPDWLRQHQ]XP$XVIKUHQ
YRQ1LFKW:LQGRZV3URJUDPPHQ
SLI 3URJUDPPLQIRUPDWLRQHQ XQWHU0LFURVRIW:LQGRZV+lXILJHV
=LHOYRQ9LUXVLQIHNWLRQHQ%HLVSLHO
:XUP6REHU,
SLN
0:03LVD6FKQHOOH$QJHERWV
SLVD 0:03LVD3URMHNW
XQG5HFKQXQJVHUVWHOOXQJ
9LHOH)LUPHQQHW]ZHUNHILOWHUQGLH
'DWHLHQGXQJHQ ]LSDXV
6LFKHUKHLWVJUQGHQKHUDXV3,=LVW
SL]
=,3UFNZlUWVGXUFK8PEHQHQQHQ
GHU'DWHLNDQQGLHVHPHLVWQRUPDO
HQWSDFNWZHUGHQ
9HUVFKOVVHOWH%LOGGDWHLGLHYRQ
)RWRJUDIHQJHQXW]WZLUGXPGDV
SMJ 8UKHEHUUHFKW]XEHKDOWHQ'LHVH
'DWHLHQN|QQHQQXUPLWHLQHP
YRQ
'DWHLHQN|QQHQQXUPLWHLQHP
3DVVZRUWJH|IIQHWZHUGHQ
0HGLHQELEOLRWKHN4XDNH,,,
(QJLQH(VKDQGHOWVLFKKLHUEHL
SN ±
WDWVlFKOLFKXPHLQ=,3$UFKLYPLW
DQGHUHU'DWHLHQGXQJ
0HGLHQELEOLRWKHN'RRP(QJLQH
(VKDQGHOWVLFKKLHUEHLWDWVlFKOLFK
SN ±
XPHLQ=,3$UFKLYPLWDQGHUHU
'DWHLHQGXQJ
SNJ DSSOLFDWLRQ[QHZWRQFRPSDWLEOHSNJ '0RGHOO &R&UHDWH2QH6SDFH'HVLJQHU
3RNpPRQ'DWHQEHLGHP3URJUDPP
SNP 3RNpPRQ
3RNHVDY
'RNXPHQWHGHU3URJUDPPLHUVSUDFKH
SO WH[WSODLQWH[W[VFULSWSHUO 3HUO HLJHQWOLFK3HUO/LEUDU\IlOVFKOLFK
RIWVWDWWSO[IU3URJUDPPH
SO 3URORJ 'RNXPHQWHGHU3URJUDPPLHUVSUDFKH
SOD 9,30LNUREHIHKOVVSHLFKHU 9,3
%LOGRGHU'RNXPHQWHQGDWHLYRQ
SOG 3KRWR/LQH'RFXPHQW
3KRWR/LQH
3OLVW'DWHLHQVSHLFKHUQ
(LQVWHOOXQJHQLQ0DF26;9RU
0DF26;ZDUHQGLHVH'DWHLHQ
VWDQGDUGPlLJVLPSOH
;0/'DWHLHQGLHPLWMHGHP
7H[WHGLWRUEHDUEHLWHWZHUGHQ
SOLVW 3URSHUW\/LVW NRQQWHQ6HLW0DF26;LVWGDV
6WDQGDUGIRUPDWHLQ%LQlUIRUPDW
%HLGH)RUPDWHN|QQHQ
XQNRPSOL]LHUWPLWGHP3URSHUW\/LVW
(GLWRUEHDUEHLWHWZHUGHQ)UGDV
7HUPLQDOH[LVWLHUHQGLH%HIHKOH
GHIDXOWVVRZLHSOXWLO
'RNXPHQWH6RXUFHGHU
SOP 3/0
3URJUDPPLHUVSUDFKH
SOQ $UFKL&$'6WDQGDUG3URMHNWGDWHL
SOV 3OD\OLVW $XGLRGDWHL/LVWHQ
+3*/9HNWRU*UDSKLF3ORWWHU'DWHL
SOW 3ORWWHU'DWHL
YRQ$XWR&$'
$XVIKUEDUHV3HUO3URJUDPP3HUO
SO[ DSSOLFDWLRQ[SL[FOVFULSW 3HUO
([HFXWDEOH
HLQIDFKH2EMHNW%HVFKUHLEXQJIU
SO\ 3/< SRO\JRQDOH0RGHOOHGHU6WDQIRUG
8QLYHUVLW\>@
SP WH[W[VFULSWSHUOPRGXOHLPDJH[[SL[PDS 3HUO0RGXOH 0RGXOGDWHLGHU6NULSWVSUDFKH3HUO
'HVNWRSSXEOLVKLQJ)RUPDWIU
SP 3DJH0DNHU[
$GREH3DJH0DNHU
0LQGPDS'DWHLYRQ3RFNHW
SPDS 3RFNHW0LQGPDS
0LQGPDS
SPG 6DW]GDWHL $GREH3DJHPDNHU
SPG 3ODQ0DNHU'RNXPHQW 7DEHOOHQNDONXODWLRQ3ODQ0DNHU
SPO 3HWHU0RUSKRVH/HYHO /HYHOGDWHL
9RUNRPSLOLHUWH,1)'DWHLHQGHU
SQI
,1)'DWHLHQ>@
SQJ LPDJHSQJ 3RUWDEOH1HWZRUN*UDSKLFV %LOGGDWHL
DSSOLFDWLRQ[SRUWDEOHDQ\PDSLPDJH[
SQP 3RUWDEOH3L[0DS %LOGGDWHL
SRUWDEOHDQ\PDS
YRQ
SQP 3RUWDEOH3L[0DS %LOGGDWHL

SRUWDEOHDQ\PDS
SR WH[W[JHWWH[WWUDQVODWLRQ 3RUWDEOH2EMHFW *18JHWWH[W
HQWKlOWDXVJHZlKOWH3RVLWLRQHQLQ
SRV :LQ+H[3RVLWLRQVGDWHL
'DWHLHQXQGDXI'DWHQWUlJHUQ
SRW 3RUWDEOH2EMHFW7HPSODWH *18JHWWH[W
6FKLIIVGHVLJQ6RIWZDUHGHV*/
SR[ 3RVHLGRQ'DWHL
*HUPDQLVFKHU/OR\G
SS 3DVFDO8QLW YHUZHQGHWXDYRQ)UHH3DVFDO
DSSOLFDWLRQYQGPVSRZHUSRLQW 9%$$GG,QIU
SSD 3RZHU3RLQW
DSSOLFDWLRQPVSRZHUSRLQW )ROLHQSUlVHQWDWLRQHQ
3&%RDUG3URJUDPPLQJ DXVIKUEDUHV3OXJLQIUGLH
SSH
([HFXWDEOH 0DLOER[VRIWZDUH3&%RDUG
%LOGEHDUEHLWXQJ0LFURJUDI[HLJHQHV
SSI ,*UDI[,PDJH
*UDILNIRUPDW
VWHOOWHLQ)RUPDWIU3$/176&
SSI 3OD\6WDWLRQ3DWFK)LOH 3DWFKHV7UDLQHURGHUlKQOLFKHV]XU
9HUIJXQJ
$%%63,'(53LFWXUH(GLWRU
SSL SLFWXUHHGLWRU

3UlVHQWDWLRQVSURJUDPPIU
SSO 3RZHUSUDLVH/LHG
/LHGWH[WH
SSP LPDJH[SRUWDEOHSL[PDS 3RUWDEOH3L[0DS %LOGGDWHL
3UlVHQWDWLRQVSURJUDPPIU
SSS 3RZHUSUDLVH3RUWIROLR
/LHGWH[WH
'DWHLHQGXQJGHU'HVNWRS
SSS 3DJH3OXV'RNXPHQW
3XEOLVKLQJ6RIWZDUH3DJH3OXV
DSSOLFDWLRQYQGPVSRZHUSRLQW
SSV 3RZHU3RLQW VHOEVWVWDUWHQGH)ROLHQSUlVHQWDWLRQ
DSSOLFDWLRQPVSRZHUSRLQW
SSW 3RZHU3RLQW )ROLHQSUlVHQWDWLRQ
DSSOLFDWLRQYQGRSHQ[POIRUPDWV )ROLHQSUlVHQWDWLRQ3RZHUSRLQW
SSV[ 3RZHU3RLQW
RIILFHGRFXPHQWSUHVHQWDWLRQPOVOLGHVKRZ 9HUVLRQ
DSSOLFDWLRQYQGRSHQ[POIRUPDWV )ROLHQSUlVHQWDWLRQ3RZHUSRLQW
SSW[ 3RZHU3RLQW
RIILFHGRFXPHQWSUHVHQWDWLRQPOSUHVHQWDWLRQ 9HUVLRQ
3RZHU3RLQW3DFN *R'DWHL
SS] 3RZHU3RLQW JHSDFNWH'DWHLZXUGHQXUELV
9HUVLRQ[SYHUZHQGHW
SRY 3295D\ 3295D\6]HQHQEHVFKUHLEXQJ
SRW 3RZHU3RLQW
NRPSULPLHUWHV)HVWSODWWHQ
3DUWLWLRQV,PDJHGHV3URJUDPPV
'ULYH,PDJHGHU)LUPD3RZHU4XHVW
KHXWH6\PDQWHF%HWULHEVV\VWHP
STL 3RZHU4XHVW'ULYH,PDJH
:LQGRZV'DV)RUPDWZLUG
QLFKWPHKUXQWHUVWW]W
=XP(QWSDFNHQ:LHGHUKHUVWHOOHQ
ZLUG'ULYH,PDJHEHQ|WLJW
2XWORRN3URILOGDWHL]XP
SUI 2XWORRN3URILOGDWHL .RQILJXULHUHQYRQ2XWORRN
3URILOHQ>@
$XVIKUEDUH3URJUDPPGDWHLDXI
SUJ $XVIKUEDUHV3URJUDPP $7$5,67&RPSXWHUQXQG
.RPSDWLEOHQ
'UXFNGDWHLGLHDQHLQHQ'UXFNHU
SUL SULQWILOH
JHVHQGHWZHUGHQNDQQ
SUM $17$5(6%.,(QHUJLHSODQHU 3URMHNW'DWHL
YRQ
SUM $17$5(6%.,(QHUJLHSODQHU 3URMHNW'DWHL

3URMHNW'DWHL]XP$XVOHVHQYRQ
SUM .QRUU%UHPVH
:DJHQGDWHQGHUg9
&RPSLOHUIU0LNURFRQWUROOHUYRQ
SUM &RGH9LVLRQ$95
3DYHO+DLGXF
+DVK$QLPDWLRQ0DVWHU3URMHNW)LOH
SUM +DVK$QLPDWLRQ0DVWHU35-
IUG6]HQHQ
3UM3&% 3&%3URMHFW $OWLXP'HVLJQHU3&%3URMHNW'DWHL
(FKW]HLWXQG0XOWLWDVNLQJ
3URJUDPPLHUVSUDFKH3($5/VWHKW
SUO 3HDUO6RXUFH&RGH'DWHL
IU3URFHVVDQG([SHULPHQW
$XWRPDWLRQ5HDOWLPH/DQJXDJH
HLQLQHLQH'DWHLXPJHOHLWHWHU
SUQ 3RVWVFULSW
$XVGUXFN
4XHOOFRGH'DWHLLQ,'/5HVHDUFK
SUR ,'/VRXUFH)LOH
6\VWHPV
SUR 3URORJ 'RNXPHQWHGHU3URJUDPPLHUVSUDFKH
SURFOLE ]263URFHGXUHQELEOLRWKHN -&/3UR]HGXUHQ
HQWKlOW6FKOVVHO:HUW=XZHLVXQJHQ
SURSHUWLHV -DYD3URSHUWLHV'DWHL
LP7H[WIRUPDW
SUV +DUYDUG*UDSKLFV
SUW 0HJD&$' &$'=HLFKQXQJ''
SUW DSSOLFDWLRQSURBHQJ 3UR(SDUW 3UR(1*,1((57HLOHGDWHL
SUW 8QLJUDSKLFV3DUW)LOH '&$'7HLOHGDWHL8*6
SUWGRW 3DUW7HPSODWH 7HLOYRUODJH6ROLG:RUNV&$'
SU] /RWXV)UHHODQFH*UDSKLFV 3UlVHQWDWLRQ
SV DSSOLFDWLRQSRVWVFULSW 3RVWVFULSW SODWWIRUPXQDEKlQJLJHV'RNXPHQW
%LOGEHDUEHLWXQJ3KRWRVKRSHLJHQHV
*UDILNIRUPDWIU'DWHLHQPLWELV]X
SVE $GREH3KRWRVKRS%LJ
3L[HOMH'LPHQVLRQ36&6
XQGK|KHU
%LOGEHDUEHLWXQJ3KRWRVKRSHLJHQHV
SVG DSSOLFDWLRQRFWHWVWUHDP $GREH3KRWRVKRS *UDILNIRUPDWIU'DWHQPLWELV]X
3L[HOMH'LPHQVLRQ
0DSVXQG32,3RLQWRILQWHUHVW
SVI *R3DO1DYLJDWRU
'DWHLHQ
%LOGEHDUEHLWXQJ3DLQW6KRS
SVS &RUHO3DLQW6KRS3UR%LOG
3URHLJHQHV'DWHLIRUPDW
%DFNXS'DWHLYRQ0LFURVRIW
SVW 3HUVRQDO6WRUH
2XWORRN
7H[WYHUDUEHLWXQJ0LFURVRIW
SVZ 'RNXPHQW
3RFNHW:RUG
'DWHLIRUPDWGHV
SWE 3RZHU7DE6FRUH 7DEXODWXUSURJUDPPV3RZHU7DE
(GLWRU
6HVVLRQGDWHLGHV0XVLNSURJUDPPV
3UR7RROV)LOH
3UR7RROVDE9HUVLRQ
SWI
3637KHPH
6RQ\363

SWP 3RO\7UDFNHU0RGXOH
3RO\7UDFNHUV
7KXPEV'DWHLHQYRQ3DSHUSRUW
SWQ 3DSHUSRUW
'RNXPHQWHQYHUZDOWXQJVSURJUDPP
6HVVLRQGDWHLGHV0XVLNSURJUDPPV
SWV 3UR7RROV6HVVLRQ
3UR7RROVLQ9HUVLRQ
YRQ
SXE DSSOLFDWLRQ[PVSXEOLVKHU 'RNXPHQW 6DW]V\VWHP0LFURVRIW3XEOLVKHU

XQWHU0LFURVRIW:LQGRZVELV
SZO 3DVV:RUG/LVW :LQ]XP6SHLFKHUQYRQ'DWHQ
YRQDQJHOHJWHQ%HQXW]HUNRQWHQ
3ULPDU\,QGH[EHL3DUDGR[
S[
'DWHQEDQNHQ
S[I 3XOVHRXWOLQHILOH 7DMLPD'*0/E\3XOVH
7DEHOOHQNDONXODWLRQ0LFURVRIW
S[O 7DEHOOH
3RFNHW([FHO
3KUDVH([SUHVV
S[S 7H[WEDXVWHLQGDWHL
7H[WEDXVWHLQYHUZDOWXQJ
S[U 3L[DU *UDILNIRUPDW
S\ WH[W[VFULSWSK\WRQ 3\WKRQ 3\WKRQ3URJUDPP
S\F DSSOLFDWLRQ[E\WHFRGHS\WKRQ 3\WKRQFRPSLOHG .RPSLOLHUWHV3\WKRQ3URJUDPP
S\G 3\WKRQ'\QDPLF0RGXOH 3\WKRQHLJHQH/LEUDU\
S\R 3\WKRQ 2SWLPLHUWHV3\WKRQ3URJUDPP
YRQ

TE 4XLFN%$6,& 4XLFN%$6,&3URJUDPPFRGHGDWHL
TGE &8(FDUGV'DWHQEDQN 1RWL]HQ9HUZDOWXQJ
4XLFNQRWHHQFU\SWHG
TFG 9HUVFKOVVHOWH1RWL]YRQ4XLFNQRWH
WH[W
TGU 4'LU'RFXPHQWWH[W 2IIHQH1RWL]YRQ4'LUH[H
4XLFNWLPH'DWHLHQ
TW PRY TW9HUVLRQ 'DWHLIRUPDWYRQ$SSOH4XLFN7LPH
XQG
LPDJH[
TWL 4XLFN7LPH,PDJH %LOGIRUPDWYRQ$SSOH4XLFN7LPH
TXLFNWLPH
LPDJH[
TWL 4WL3ORW 3URMHNWGDWHLYRQ4WL3ORW
TXLFNWLPH
,QIRUPDWLRQHQEHUDE]XVSLHOHQGHV0HGLXPIU
TWO 4XLFN7LPH0HGLD/LQN
GHQ4XLFN7LPH3OD\HU
$QWL9LU$YLUD 0LW0DOZDUHLQIL]LHUWH'DWHLLP
TXD
4XDUDQWlQH 4XDUDQWlQHYHU]HLFKQLV
TYG 4OLN9LHZ 4OLN9LHZ'DWHQGDWHL
TYV 4OLN9LHZ 4OLN9LHZ6FULSWGDWHL
4OLN9LHZ$QZHQGXQJVGDWHLEOLFKHUZHLVHPLW
TYZ 4OLN9LHZ
6FULSWHLQJHOHVHQHQ'DWHQXQG/D\RXW
'RNXPHQWHQIRUPDWYRQ4XDUN;3UHVVELV
T[G 4XDUN;3UHVV'RFXPHQW
HLQVFKOLHOLFK9HUVLRQ
T[O 4XDUN;3UHVV/LEUDU\ %LEOLRWKHNHQGDWHLYRQ4XDUN;3UHVV
'RNXPHQWHQIRUPDWYRQ4XDUN;3UHVVDE
T[S 4XDUN;3UHVV3URMHFW 9HUVLRQGDVYHUVFKLHGHQH4;'VLQHLQHP
3URMHNWEQGHOW
T[W 4XDUN;3UHVV7HPSODWH 9RUODJHQGRNXPHQWYRQ4XDUN;3UHVV
YRQ

5 56FULSW'DWHL 52SHQ6RXUFH6WDWLVWLN3DNHW
DXGLR[SQUHDODXGLR
UDP 5HDO0HGLD $XGLRGDWHL
DXGLR[UHDODXGLR
DSSOLFDWLRQ[
FPXUDVWHULPDJHF
UDV 6815DVWHU,PDJH %LOGGDWHL
LPDJH[FPXUDVWHU
PXUDVWHU
PLW5$5NRPSULPLHUWHV
UDU 5$5$UFKLY
'DWHLDUFKLY
UE 5XE\ 5XE\3URJUDPP
5H%LUWK3URSHOOHUKHDG
UEV 5H%LUWK6RQJILOH
6RIWZDUH6\QWKHVL]HU
UF 5HVRXUFHVFULSW 5HVVRXUFH6RIWZDUH
*HVFKQLWWHQH$XGLRGDWHQ
UF\ 5H[
5HF\FOHYRQ3URSHOOHUKHDG
([SRUWLHUWHU:LQGRZV5HJLVWU\
UHJ
6FKOVVHO
5HQHZFDOF
UHQ 5HQHZFDOF'DWDILOH
.DONXODWLRQVSURJUDPP
&RPSLOHG5HVRXUFH&&XQG
UHV 5HVRXUFH)LOH ZHLWHUH:LQGRZV
(QWZLFNOXQJVXPJHEXQJHQ
5HVVRXUFHQ'DWHLEHVWHKHQG
UHV[ ;0/5HVRXUFH)LOH
DXV;0/7DJV
3DULWlWVLQIRUPDWLRQHQ%HZDKUW
HLQJHWHLOWHV5$5$UFKLYYRU
UHY
GHU=HUVW|UXQJIDOOVHLQH'DWHL
YHUORUHQJHKW
UH[[ WH[W[VFULSWUH[[ 5H[[ 5H[[6FULSW$PLJD
*HVFKQLWWHQH$XGLRGDWHQ
UH[ 5H[
5HF\FOHYRQ3URSHOOHUKHDG
UH] :LQUH] :LQUH]
3URSHOOHUKHDG5HDVRQ
UIO 5HDVRQ6RIWZDUH6\QWKHVL]HU
,QVWUXPHQWHQ%LEOLRWKHN
%LOGIRUPDWYRQ6LOLFRQ
UJE LPDJH[UJE
*UDSKLFV
SGIlKQOLFKHV)RUPDWIU3'$
UJR 5HSOL*R9LUWXDO3ULQW)LOH
6PDUWSKRQH
5HVHDUFK,QIRUPDWLRQ6\VWHP 'DWHLIRUPDWIUGHQ([SRUW
ULV
)RUPDW ELEOLRJUDSKLVFKHU'DWHQ
$UFKLYLHUXQJPLWVWDUNHU
UN :LQ5..RPSUHVVLRQVIRUPDW
YRQ
$UFKLYLHUXQJPLWVWDUNHU
UN :LQ5..RPSUHVVLRQVIRUPDW
'DWHQNRPSUHVVLRQ
9HUOXVWIUHLNRPSULPLHUWH
UOH 5XQ/HQJWK(QFRGHG%03
%LOGGDWHLHQ
DSSOLFDWLRQYQGUQ
UP UHDOPHGLDDXGLR[ 5HDO0HGLD 5HDO0HGLD9LGHRGDWHL
SQUHDODXGLR
7H[WGDWHLGLHGLH%HVFKUHLEXQJ
UPH 5HDGPH
HLQHV3URJUDPPSDNHWHVHQWKlOW
DSSOLFDWLRQYQGUQ
UPYE UHDOPHGLDDXGLR[ 5HDO0HGLD 5HDO0HGLD9LGHRGDWHL
SQUHDODXGLR
VSH]LHOOHV9LGHRIRUPDWIU
URT ,G6RIWZDUH9LGHR
L'6RIWZDUH6SLHOH
YHUDOWHWHV0XVLNIRUPDW
URO 5RODQG6RXQG HQWZLFNHOWYRQGHUMDSDQLVFKHQ
)LUPD5RODQG
US 5HDO3L[&OLS 5HDO3OD\HU
USO (LGRV5HSOD\0RYLHV bOWHUHV9LGHRIRUPDWYRQ(LGRV
,QVWDOODWLRQVSDNHWIU/LQX[
USP 5HG+DW3DFNDJH0DQDJHU
6\VWHPH
3URSHOOHUKHDG5HDVRQ
USV 3XEOLFQLFKWEHDUEHLWEDUH 5HDVRQ6RIWZDUH6\QWKHVL]HU
6RQJ'DWHL
LQHW&U\VWDO5HSRUWV%HULFKW
USW
LQHW&U\VWDO&OHDU'HVLJQHU
LQHW&U\VWDO&OHDU%HULFKW
5HSRUW
USW DSSOLFDWLRQFU\VWDOFOHDU
3URSHOOHUKHDG5HDVRQ
UQV /RFDOHEHDUEHLWEDUH6RQJ 5HDVRQ6RIWZDUH6\QWKHVL]HU
'DWHL
'DWHLOLVWHIUGHQ'RZQORDG
UVGI 56'RZQORDGHU)LOH 0DQDJHU56'RZQORDGHUIU
GHQ5DSLG6KDUH'LHQVW
UVU 6WUXFWXUH 'WK'LPHQVLRQ
WH[WULFKWH[W
UW 5HDO7H[W&OLS 5HDO3OD\HU
WH[WYQGUQUHDOWH[W
/D\RXW6RIWZDUH'DWHLIRUPDW
UW 5DJ7LPH'RNXPHQW
GHU9HUVLRQYRQ5DJ7LPH
5DVWHU7UDQVIRUPDWLRQ
UWD 57$$VVHPEOHUTXHOOWH[W
$VVHPEOHU
/D\RXW6RIWZDUH'DWHLIRUPDW
UWG 5DJ7LPH'RFXPHQW
DEGHU9HUVLRQYRQ5DJ7LPH
YRQ
DEGHU9HUVLRQYRQ5DJ7LPH
UWH 5RXWHILOH *365RXWHILOHLQ3&;IRUPDW
DSSOLFDWLRQUWI
UWI DSSOLFDWLRQ[UWI 5LFK7H[W)RUPDW RIIHQHV7H[WGRNXPHQW)RUPDW
WH[WULFKWH[W
/D\RXW6RIWZDUH
UWV 5DJ7LPH9RUODJH 9RUODJHQIRUPDWGHU9HUVLRQ
YRQ5DJ7LPH
UZ[ 0RGHOO 0RGHOOGHU5HDO:RUOG(QJLQH
/D\RXW6RIWZDUH
UWW 5DJ7LPH7HPSODWH 9RUODJHQIRUPDWDEGHU9HUVLRQ
YRQ5DJ7LPH
*HVFKQLWWHQH$XGLRGDWHQYRQ
U[ 5H[
3URSHOOHUKHDG5HF\FOH
'DWHQIRUPDWYRQ/HJR
U[H
0LQGVWRUPV
PLW5$5NRPSULPLHUWHV
'DWHLDUFKLYZHOFKHVLQPHKUHUH
7HLOHDXIJHWHLOWLVW:LQUDU
UIROJHQG
5$57HLO$UFKLY QXW]WHGLHVH(QGXQJQXUELV]XU
UU
9HUVLRQGHV3URJUDPPHV
GDUDXIIROJWHGLH(QGXQJ
SDUW1XPPHULHUXQJUDU
YRQ

V $VVHPEOHU4XHOOFRGH *18&RPSLOHU&ROOHFWLRQ
V 6SLULW=HLFKQXQJVGDWHL
V 0RWRUROD65HFRUG
V 0RWRUROD65HFRUG
VG 6LPSO\G *UDILNGDWHL
VP 6FUHDP7UDFNHU
6FUHDP7UDFNHU
V] 6FUHDP7UDFNHU]LSSHG
0XVLNIRUPDWGHV6FUHDP7UDFNHU
%LEOLRWKHNE]Z,QFOXGHGDWHLIU
VL 6HHG,QFOXGHGDWHL
6HHG
%LQlUH$&,60DQXHOOH
HLQJULIIHN|QQHQ]X
HLQHU%HVFKlGLJXQJGHU
VDE 6LHKHVDW
MHZHLOLJHQ$SSOLNDWLRQ
IKUHQ'DWHL
'&$'.HUQ)RUPDW
1LFKWYHUVFKOVVHOWHV7H[WDUFKLYGDV
VDI 6HUUD$YHQJHU)LOH YRQ6HUUD$YHQJHUDSSOLNDWLRQHQ
*HQHULHUWZXUGH
/RWXV$PL3URKHXWH
VDP 7H[WYHUDUEHLWXQJ
/RWXV:RUG3UR
6\QFKURQL]HG
VDPL $FFHVVLEOH0HGLD ;0/6SUDFKHIU9LGHR8QWHUWLWHO
,QWHUFKDQJH
-%RVV
0%HDQ
'HSOR\PHQW.RQILJXUDWLRQVGDWHLHQ
VDU 6HUYLFH$UFKLY
VHUYLFH[PO]XVDPPHQJHSDFNW
PLWGHQEHQ|WLJWHQ.ODVVHQ
6\VWHP$UFKLWHNWYRQ)XMLWVX6LHPHQV
&RPSXWHUV]XU(UVWHOOXQJYRQ
VDU 6\VWHP$UFKLWHNW +DQGKHOG1RWHERRN3&
:RUNVWDWLRQXQG
6HUYHUNRQILJXUDWLRQHQ
%HL$&,6KDQGHOWHVVLFKXPHLQHQ
'&$'9ROXPHQPRGHOOLHUNHUQHOGHU
7H[W$&,6'DWHL
VDW )LUPD6SDWLDO&RUSRUDWLRQ$&,6VWHOOW
'&$'.HUQ)RUPDW
HLQH%LEOLRWKHNPLW&)XQNWLRQHQ
EHUHLW
VDY 6366'DWHQVDW] 'DWHQVDW]IU6WDWLVWLNSURJUDPP6366
VDY VDYH 6LFKHUXQJVGDWHL]%+RPH&DVK
6SLHOVWDQGVVLFKHUXQJ]%6LG0HLHU
V
VDY *DPH6FRUH6DYH
YRQ
6SLHOVWDQGVVLFKHUXQJ]%6LG0HLHU
V
VDY *DPH6FRUH6DYH
&LYLOL]DWLRQ'LH*LOGH
6XSHUEDVH
VEG :LQGRZV
7DEHOOHQGHILQLWLRQ
VEI 6XSHUEDVH)LOH :LQGRZVHQWKlOWGHQ7DEHOOHQLQKDOW
'DWHLPLWYHUVFKOVVHOWHP)73/LQN
VEI 6X%L)LOH XQG/RJLQGDWHQ%HQ|WLJW6X%L
/HHFKHU
6XSHUEDVH
VES :LQGRZV
3URJUDPPGDWHL
:LQGRZVHQWKlOWGLH
VET 6XSHUEDVH4XHU\
.XU]EHULFKWVGHILQLWLRQ
:LQGRZVHQWKlOWGLH'HILQLWLRQHLQHU
VEX 6XSHUEDVH8SGDWH
$NWXDOLVLHUXQJ
:LQGRZVNDQQ)RUPXODURGHUDXFK
VEY 6XSHUEDVH)RUPXODU
%HULFKWVHLQ
:LQGRZVYHUZDOWHWGLH
VE 6XSHUEDVH6SHUUGDWHL
'DWHQVDW]VSHUUHQ
VFF ± 0LFURVRIW6RXUFH6DIH6WDWXV
1RYHOO1'6E]ZH'LUHFWRU\6FKHPD
VFK 6FKHPD
'HILQLWLRQV
VFK 6FKHPDWLF (DJOH6FKDOWSODQ
6FK'2& 6FKHPDWLF'RFXPHQW $OWLXP'HVLJQHU6FKDOWSODQ
VFL 6FUDPEOH,W 9HUVFKOVVHOXQJVWRRO
.RPSULPLHUWHU&RGHPLW%HIHKOHQGLH
.RPSLOLHUWHV6FULSW GHQDOOJHPHLQHQ$EODXIRGHUGHQ
VFP
*7$ 0LVVLRQVDEODXIYRQ*7$ELV*7$
6DQ$QGUHDVKHUVWHOOHQ
VFQ 6FUHHQILOHIRUPDW LQ9HUZHQGXQJPLW.HUPLW
:LQGRZV%LOGVFKLUPVFKRQHU
VFU 6FUHHQVDYHU :DUQXQJ+lXILJHV=LHOYRQ
9LUXVLQIHNWLRQHQ
%HQXW]HUREHUIOlFKH6LHPHQV
VFV ±
0RELOWHOHIRQH
8UVSUQJOLFKYRQGHU)LUPD'LJLGHVLJQ
VG 6RXQGGHVLJQHU,, HQWZLFNHOWHV$XGLR)RUPDWIUGHQ
$SSOH0DFLQWRVK
VG 6HHG3URJUDPP 6RXUFHFRGHHLQHV6HHG3URJUDPPHV
VGE 6WDU%DVH'DWHQEDQN
bOWHUHV'DWHL)RUPDWYRQ6WDU2IILFH
VGF 6WDU2IILFH7DEHOOH ELVVGFVWHKWIU6WDU'LYLVLRQ
&DOF
(LQ'RZQORDGDXVGHP06'1$$
'HOLYHU\&OLHQW
VGF 3URJUDPPVGFVWHKWIU6HFXUH
'RZQORDG
'RZQORDG&DELQHW
VGH 6WHJDQRV6DIHGDWHL DOWH(QGXQJ
*UDSKLN$XFKHLQH64/6HUYHU
YRQ
*UDSKLN$XFKHLQH64/6HUYHU
VGI 6SDWLDO'DWD)LOH
&RPSDFW(GLWLRQ'DWHQEDQN'DWHL
VGJ 6WDU2IILFH*DOOHU\
JHSDFNWHV7KHPD6LHPHQV
VGW ±
0RELOWHOHIRQH
6HPLFRORQ'LYLGHG
VGY
9DOXHV)LOH
bOWHUHV'DWHL)RUPDWYRQ6WDU2IILFH
VGZ 6WDU2IILFH:ULWHU
ELVVGVWHKWIU6WDU'LYLVLRQ
6HPDSKRUH'DWHLRIWDXFKDOV
VHP 6HPDSKRUH'DWHL 'UHLHFNVRGHU5HFKWHFNVGDWHL
EH]HLFKQHW
6DPPHOGDWHLIU6SULWHVQRWZHQGLJ
VII 0XJHQ6SULWH'DWHL
IUGDV08*(1*DPH6\VWHP
'DWHLPLWYHUVFKOVVHOWHPV)73/LQN
VIW 6)7/RDGHU'DWHL
XQG/RJLQGDWHQ
&KHFNVXP'DWHLIUEHUGDV,QWHUQHW
YHUWHLOWH'DWHLHQ'DV&RPPDQGOLQH
VIY 6LPSOH)LOH9HULILFDWLRQ
WRRO)6XPNDQQPLWGLHVHP'DWHLW\S
XPJHKHQ
VIZ 6HDWWOH)LOP:RUNV'DWHL 0RGLIL]LHUWHV-3(*)RUPDW
(QWKlOW$XGLRGDWHQYRQ*7$7RPE
VI[ $XGLRGDWHQDUFKLY
5DLGHUXYP
'XPSHLQHV1LQWHQGR6XSHU*DPH%R\
6XSHU*DPH%R\520 6SLHOV]XU9HUZHQGXQJLQHLQHP
VJE
,PDJH (PXODWRUVHOWHQJHEUlXFKOLFKH
$ENU]XQJHKHUJERGHUJEF
6DYH*DPH3DWFKHU
VJS 7DEOHIU7KH6*36HFRQG8QLW
7DEOH
8QL[6KHOO6NULSW%RXUQH6KHOOXQG
VK DSSOLFDWLRQ[VK 6KHOO6NULSW
NRPSDWLEOH
%HVWDQGWHLOGHV&RQWHQW0DQDJHPHQW
VK 6KRS'DWHQEDQNGDWHL 6\VWHPV$QGUHDV=ZDKOHQ2QOLQHVKRS
;3UR
%HVWDQGWHLOGHV&RQWHQW0DQDJHPHQW
VK 6KRS'DWHQEDQNGDWHL 6\VWHPV$QGUHDV=ZDKOHQ2QOLQHVKRS
;3UR
GLJLWDOHV9HUIDKUHQ]XUYHUOXVWIUHLHQ
VKQ 6KRUWHQ
$XGLRGDWHQNRPSUHVVLRQ
(65,$UF*,6)RUPDW]XU6SHLFKHUXQJ
VKS 6KDSHILOH
YRQ9HNWRUGDWHQ
06)RUPDWIUHLQHQ'DWHQDXV]XJ
WDWVlFKOLFKHLQ3DNHWPLW
VKV VFUDS'DWHL %HIHKOV]HLOHDXVHLQHU7H[WGDWHL'LH
'DWHLHQGXQJZLUGVWDQGDUGPlLJQLFKW
DQJH]HLJW
YRP:HEVHUYHUJHSDUVWHV
WH[WKWPOWH[W[VHUYHU
VKWP +70/'RFXPHQW +70/'RNXPHQWPLW6HUYHU6LGH
SDUVHGKWPO
YRQ
VKWP +70/'RFXPHQW +70/'RNXPHQWPLW6HUYHU6LGH

SDUVHGKWPO
,QFOXGHV
WH[WKWPOWH[W[VHUYHU
VKWPO +70/'RFXPHQW VLHKHVKWP
SDUVHGKWPO
(65,$UF*,6)RUPDW]XU6SHLFKHUXQJ
VK[ 6KDSHILOH,QGH[
YRQ9HNWRUGDWHQ
'DWHLGHV1RWHQVDW]SURJUDPPV
VLE 1RWHQVDW]
6LEHOLXV
.RPSULPLHUXQJVIRUPDWIU
VLG DXGLR[SVLG 0U6,' 5DVWHUJUDILNHQYRP+HUVWHOOHU
/L]DUG7HFK
,QGHU5HJHONOHLQHV7H[WILOHGDV
VLJ 6LJQDWXU)LOH 6LJQDWXULQIRUPDWLRQHQHLQHU(PDLO
HQWKlOW
6HOWHQJHEUlXFKOLFKH$ENU]XQJEHL
VLN 6LFKHUXQJVNRSLH
'DWHQVLFKHUXQJHQ
$QLPLHUWH6FUHHQVKRWVPLW7H[WXQG
VLP 6$37XWRU3OD\HU
6SUDFKHXQWHUOHJW
6\PELDQ ,QVWDOODWLRQVGDWHLEHL6\PELDQ
VLV
,QVWDOODWLRQVGDWHL 266PDUWSKRQHV
(LQ'DWHLDUFKLYZHOFKHVPLW6WXII,W
DSSOLFDWLRQ[VLW 0DFW\SLVFKHV
VLW 'DWHLDUFKLY
DSSOLFDWLRQ[VWXIILW .RPSULPLHUXQJVIRUPDWJHSDFNW
ZXUGH
VNG DSSOLFDWLRQ[NRDQ $XWRGHVN$XWRVNHWFK '=HLFKQXQJ&$'
VNI $XWRGHVN$XWRVNHWFK '=HLFKQXQJ&$'
PLW*RRJOH6NHWFK8SHUVWHOOWH
VNS 6NHWFK8S0RGHOO
'0RGHOOH
3URJUDPPELEOLRWKHN8QL[
VO DSSOLFDWLRQ[VHHORJR 6KDUHG/LEUDU\
LQVEHVRQGHUH+38;
'DWHLGHVIUHLHQ'733URJUDPPHV
VOD 6FULEXV/$\RXW
6FULEXV
VOGDVP 6ROLG:RUNV$VVHPEO\ '%DXJUXSSH&$'
6ROLG:RUNV%LOORI
VOGERPWEW 7DEHOOHQYRUODJH6WFNOLVWH&$'
0DWHULDOV
VOGGUZ 6ROLG:RUNV'UDZLQJ '=HLFKQXQJ&$'
7DEHOOHQYRUODJH%RKUXQJVWDEHOOH
VOGKROWEW 6ROLG:RUNV+ROH7DEOH
&$'
6ROLG:RUNV/LEUDU\
VOGOIS %LEOLRWKHNV)HDWXUH&$'
)HDWXUH3DUW
VOGSUW 6ROLG:RUNV3DUW '7HLO&$'
6ROLG:RUNV5HYLVLRQ
VOGUHYWEW 7DEHOOHQYRUODJH9HUVLRQVWDEHOOH&$'
7DEOH
6ROLG:RUNV:HOGPHQW 7DEHOOHQYRUODJH=XVFKQLWWOLVWHIU
VOGZOGWEW
&XW/LVW 6FKZHLNRQVWUXNWLRQHQ&$'
VOH 6WHJDQRV6DIHGDWHL DNWXHOOH(QGXQJ
$XVWDXVFKGDWHL]ZLVFKHQ(QWZLFNOHU
YRQ
$XVWDXVFKGDWHL]ZLVFKHQ(QWZLFNOHU
6LVXOL]HU([FKDQJH XQGhEHUVHW]HUGHV
VOH
3DFNDJH 6RIWZDUHORNDOLVLHUXQJVWRROV6LVXOL]HU
%DVLHUWDXI=,3
VON 6</. 7DEHOOHQGRNXPHQW
069LVXDO6WXGLR
VOQ 9LVXDO6WXGLR1(7&VROXWLRQILOHV
VROXWLRQILOHV
3URMHNWGDWHLGHV
VOS 6LVXOL]HU3URMHFW 6RIWZDUHORNDOLVLHUXQJVWRROV6LVXOL]HU
%DVLHUWDXI;0/
'XPSHLQHV1LQWHQGR61(66SLHOV
PLW*DPH'U+HDGHURGHUNHLQHP
VPF 61(6520LPDJH
+HDGHU]XU9HUZHQGXQJLQHLQHP
(PXODWRU
6HJD0HJD'ULYH520 'XPSHLQHV6HJD0HJD'ULYH6SLHOV
VPG
LPDJH ]XU9HUZHQGXQJLQHLQHP(PXODWRU
6\QFKURQL]HG
VPL DSSOLFDWLRQVPLO $FFHVVLEOH0HGLD ;0/6SUDFKHIU9LGHR8QWHUWLWHO
,QWHUFKDQJH
VPLO DSSOLFDWLRQVPLO ± 5HDO$XGLR9LGHR3OD\OLVW
'XPSHLQHV6HJD0DVWHU6\VWHP
6HJD0DVWHU6\VWHP
VPV 6SLHOV]XU9HUZHQGXQJLQHLQHP
520LPDJH
(PXODWRU
VQJ 6RQJ%HDPHU/LHG 3UlVHQWDWLRQVSURJUDPPIU/LHGWH[WH
6FKQDSSVFKXHLQHU$XVZHUWXQJ
VQS 6QDSVKRW 5HSRUWHLQHU0LFURVRIW$FFHVV
'DWHQEDQNDQZHQGXQJ
VR 6KDUHG2EMHFW 3URJUDPPELEOLRWKHN8QL[XQG*18
'DWHLGHV1RWHQVDW]SURJUDPPV6FRUH
VRQ 1RWHQVDW]
3HUIHFW
6WDQGDUG27'55HFRUG
VRU
%HOOFRUH7HOFRUGLD
VSHF
VSO DSSOLFDWLRQIXWXUHVSODVK 6SHOO 9LPVSHOOILOH9LPYHUVLRQ
'DWHLIRUPDWGHVIUHLHQYHUOXVWEHKDIWHW
NRPSULPLHUHQGHQDXIPHQVFKOLFKH
VS[ VSHH[
6SUDFKHVSH]LDOLVLHUWHQ$XGLR&R'HFV
6SHH[2JJ3URMHNW
6WUXFWXUHG4XHU\
VTO 'DWHLPLW64/%HIHKOHQ
/DQJXDJH
6RIWZDUH4XDOLW\
VTP
0HWULFV
VTP 6PDUW4XHU\0DQDJHU
RIIHQHVXQGIUHLHV$UFKLYIRUPDWNDQQ
VT[ 8Q6TXHH] OL]HQ]NRVWHQIUHLUR\DOLW\IUHHLQ
$QZHQGXQJHQEHQXW]WZHUGHQ
DSSOLFDWLRQ[
VUF 6RXUFH 4XHOOHRGHU4XHOOWH[W
YRQ
DSSOLFDWLRQ[
VUF 6RXUFH 4XHOOHRGHU4XHOOWH[W
ZDLVVRXUFH
VUI 6XUIDFH 6XUIDFH'DWHLIU7HUUDJHQ
6XE5LSSHU6XEWLWOH
VUW 8QWHUWLWHO7H[WGDWHL
,QIRUPDWLRQ
VV 0$'63$&.
VVD 6XE6WDWLRQ$OSKD 6XEVWDWLRQ$OSKD8QWHUWLWHOGDWHL
6SUHDGVKHHW9LHZHU 'DWHLIRUPDW]XU$Q]HLJHYRQ
VVY
'DWHL $UEHLWVPDSSHQ
%HLQKDOWHQ
VWD 6:,)77DJHVDXV]JH .RQWRDXV]XJVLQIRUPDWLRQHQLP
07)RUPDW
$XWR&$'3ORWVWLOWDEHOOHQGDWHLHQWKlOW
YRP%HQXW]HUGHILQLHUWH3ORWVWLOHGLH
VWE 1DPHGSORWVW\OHWDEOH MHGHP=HLFKQXQJVREMHNW±XQDEKlQJLJ
YRQVHLQHU)DUEH±]XJHZLHVHQZHUGHQ
VLHKHDXFKFWE
9RUODJH7DEHOOHQNDONXODWLRQ
VWF ;0/&DOF7HPSODWH
6WDU2IILFHXQG2SHQ2IILFHRUJ
HQWSDFNWHV7KHPD6LHPHQV
VWF ±
0RELOWHOHIRQH
9RUODJH=HLFKQXQJ6WDU2IILFHXQG
VWG ;0/'UDZ7HPSODWH
2SHQ2IILFHRUJ
VWJ 6LPSOH7H[W*DWHZD\ 67*(GLWRU
9RUODJH3UlVHQWDWLRQ6WDU2IILFHXQG
VWL ;0/,PSUHVV7HPSODWH
2SHQ2IILFHRUJ
)LJXUIUGHQ3LYRW6WLFNILJXUH
VWN 6WLFNILJXUHREMHFW
$QLPDWRU
DSSOLFDWLRQVOD
DSSOLFDWLRQ[QDYLVW\OH *HRPHWULHHLQHVGUHLGLPHQVLRQDOHQ
VWO 6WHUHROLWKRJUDILH)RUPDW
DSSOLFDWLRQYQGPV 'DWHQPRGHOOV
SNLVWO
VWP 6FUHDP7UDFNHU0RGXOH
6FUHDP7UDFNHU
6WDQGDUGIRUWKH([FKDQJHRI3URGXFW
VWS DSSOLFDWLRQVWHS 67(3
'DWD&$'
6&+(0$67
VWW 5HGDNWLRQVV\VWHP6&+(0$*PE+
7UDQVIRUPDWLRQ
VWX 3LQQDFOH6WXGLR3URMHNW 3LQQDFOH6WXGLR
9RUODJH7H[WYHUDUEHLWXQJHQ
VWZ ;0/:ULWHU7HPSODWH 6WDU2IILFH2SHQ2IILFHRUJXQG
.:RUG
7HVWSURWRNROOGHV$6,QWHUIDFH
VW[ 6WDWLVWLN3UISURWRNROO
$QDO\VHUYRQ%LKO:LHGHPDQQ
]XVlW]OLFKH3DNHWHE]Z0DNURVIU
VW\ /D7H;6W\OH
/D7H;'RNXPHQWH
VXE 6XEFKDQQHOGDWHQ %OLQGZULWHXQG&ORQH&'
YRQ
9LVXDO6WXGLR6ROXWLRQ
VXR 0LFURVRIW9LVXDO6WXGLR
8VHU2SWLRQV
%LQlUIRUPDWIUJHRORJLVFKH
VY 6FKLFKWHQYHU]HLFKQLV
6FKLFKWHQGDWHQ3URJUDPP0:SURILO
VYG 6SUHDGVKHHW 6WDW9LHZ'DWHQGDWHL
6FDODEOH9HFWRU RIIHQHV;0/EDVLHUWHV
VYJ LPDJHVYJ
*UDSKLFV 9HNWRUJUDILNIRUPDW
VYJ] 69*]LSSHG JHSDFNWHV69*9HNWRUJUDILNIRUPDW
VYY 9LHZ 6WDW9LHZ%HULFKWVGDWHL
'XPSHLQHV1LQWHQGR61(66SLHOV
VZF 61(6520LPDJH PLW6XSHU:LOGFDUG+HDGHU]XU
9HUZHQGXQJLQHLQHP(PXODWRU
6KRFNZDYH)ODVK
DSSOLFDWLRQ[
VZI DXFKIlOVFKO6PDOO 6KRFNZDYH)ODVK$QLPDWLRQ
VKRFNZDYHIODVK
:HE)RUPDW
$XVODJHUXQJVGDWHLXQWHU:LQGRZV
VZS 6ZDS ELV:LQGRZV0HMHGRFKQLFKW
XQWHU:LQGRZV17
9LPVZDSILOHDOVRXVHGIRUUHFRYHU\
VZS 6ZDS
DIWHUDFUDVK
bOWHUHV)RUPDWIU7H[WGDWHLHQYRQ
VZ[ 2SHQ2IILFHRUJ:ULWHU
2SHQ2IILFHRUJ
V[ 0RWRUROD65HFRUG
7DEHOOHQNDONXODWLRQ6WDU2IILFHXQG
V[F ;0/&DOF
2SHQ2IILFHRUJ
=HLFKQXQJ6WDU2IILFHXQG
V[G ;0/'UDZ
2SHQ2IILFHRUJ
*OREDOGRNXPHQW6WDU2IILFHXQG
V[J ;0/*OREDO
2SHQ2IILFHRUJ
3UlVHQWDWLRQ6WDU2IILFHXQG
V[L ;0/,PSUHVV
2SHQ2IILFHRUJ
)RUPHOGRNXPHQW6WDU2IILFHXQG
V[P ;0/0DWK
2SHQ2IILFHRUJ
V[S 6WURNH,W([SRUW ±
7H[WYHUDUEHLWXQJHQ6WDU2IILFH
V[Z ;0/:ULWHU
2SHQ2IILFHRUJXQG.:RUG
6\VWHPGDWHLHQIU06'26)UHH'26
V\V 6\VWHPGDWHL
XQG'5'26
V]D +L&$'QH;W &$''DWHLIU+L&$'QH;W
YRQ

3DJHPDNHU
W 9RUODJHGDWHLIU$GREH3DJHPDNHU
7HPSODWH
WDR 7UDFN$W2QFH ,PDJHHLQHV&'7UDFNV
WDU DSSOLFDWLRQ[WDU 7DSH$UFKLYHU 'DWHLDUFKLY
WDW 7H[$66 7H[WGRNXPHQW
WE] 7DUE] PLW%]LSNRPSULPLHUWHVWDU'DWHLDUFKLY
3$662/2
WED $6&,,
hEHUVHW]XQJVSDNHW
3$662/2
WEDOLF $6&,,OL]HQ]LHUWIU9HUVLRQ
hEHUVHW]XQJVSDNHW
(UZHLWHUWHV6WLFNPDVFKLQHQIRUPDWIU
WEI 7DMLPDELQDU\IRUPDW
7DMLPD6WLFNPDVFKLQHQ
7KH%DW(0DLO
WEN 6LFKHUXQJVGDWHL
6LFKHUXQJVGDWHL
3$662/2
WEX 8QLFRGH
hEHUVHW]XQJVSDNHW
3$662/2
WEXOLF 8QLFRGHOL]HQ]LHUWIU9HUVLRQ
hEHUVHW]XQJVSDNHW
3$662/2
WEXOLF 8QLFRGHOL]HQ]LHUWIU9HUVLRQ
hEHUVHW]XQJVSDNHW
7UXH&U\SW
WF 9HUVFKOVVHOWHU'DWHLFRQWDLQHU
YHUVFKOVVHOWH'DWHL
XUVSUQJOLFKHQWZLFNHOWIUGLH3VLRQ
WFU (%RRN)RUPDW
6HULH
WFW 7XUER&$'7HPSODWH 9RUODJHIU7XUER&DG=HLFKQXQJ
7XUER&$'IU
WFZ 7XUER&DG'DWHLIU9HNWRUJUDILNHQ
:LQGRZV
WHU 7HUUDLQ 7HUUDLQGDWHLIU7HUUDJHQ
7H;6RXUFH 7H[WGRNXPHQWLP7H;4XHOOWH[W
WH[ DSSOLFDWLRQ[WH[
/D7H;6RXUFH 7H[WGRNXPHQWLP/D7H;4XHOOWH[W
4XHOOWH[WGHV7H[LQIR
WH[L DSSOLFDWLRQ[WH[LQIR 7H[LQIR4XHOOWH[W
'RNXPHQWDWLRQVV\VWHPV
6LHKH W[WZLUGDXFKPLWGHP(GLWRU
WH[W WH[WSODLQ 7H[WGDWHL
JH|IIQHW
E\WH7,))7,)
9JO EWI %LJ7,)>)@VRZLH WLI
WI %LJ7,)) %LJ7,)
WLII
'DWHL
WII 7DQV)RUP)RUPXODU 6HOEVWDXVIKUHQGHV)RUPXODU
(QWKlOW,QIRUPDWLRQHQEHUGLH'LFNWHGHU
*O\SKHQXQG/LJDWXUHQZLUGYRQ7H;XQG
7H;)RQW0HWULF
YRQ
*O\SKHQXQG/LJDWXUHQZLUGYRQ7H;XQG
7H;)RQW0HWULF
WIP *URIIEHQXW]W
7DJJHG)RQW0HWULF
$QGHUHV)RQWPHWULN)RUPDWLQNRPSDWLEHO
]XP)RUPDWYRQ7H;
$6&,,'DWHLGLH*HR,QIRUPDWLRQHQ]X
HLQHU7LII'DWHLHQWKlOWZHQQGLHVHQLFKW
WIZ 7LII:RUOG)LOH
ZLHEHL*HR7,))LP+HDGHUGHU'DWHL
JHVSHLFKHUWLVW
WJD 7UXH9LVLRQ7DUJD %LOGGDWHL
(VHQWKlOWHLQHQ7HLOYRQ(LQVWHOOXQJHQ
WJF 7HUUDJHQ&OLSGDWHL GLH]XYRULP1RGH6\VWHPDXVJHZlKOW
ZXUGHQ
WJG 7HUUDJHQ'DWHL 3URMHNWGDWHLYRQ7HUUDJHQ
,QGLHVHU'DWHLZHUGHQDOOH(LQVWHOOXQJHQ
WJZ 7HUUDJHQ:RUOG)LOH
YRQ7HUUDJHQDEJHVSHLFKHUW
DSSOLFDWLRQJQXWDU
WJ] DSSOLFDWLRQ[ 7DUJ] PLW*]LSNRPSULPLHUWHVWDU'DWHLDUFKLY
FRPSUHVVHG
WKHPH 7KHPH 6XSHU.DUDPED7KHPH
9RUVFKDXELOGHLQLJHU'LJLWDONDPHUDV
]XPHLVWLP-3(*)RUPDWHVVSHLFKHUW
(;,),QIRUPDWLRQHQ]XHLQHP
WKP 7KXPEQDLO DXIJHQRPPHQHQ9LGHR
2SHQ2IILFHRUJ.RQILJXUDWLRQVGDWHL
'HVLJQGDWHLIU6RQ\(ULFVVRQ+DQG\V
WLE 7UXH,PDJH ,PDJH)RUPDWYRQ$FURQLV7UXH,PDJH

WLI LPDJHWLII 7DJJHG,PDJH)LOH
XQLYHUVHOOHV3L[HOELOG)RUPDW
WLII LPDJH[WLII )RUPDW
WPG 7H[W0DNHU'RNXPHQW 7H[WYHUDUEHLWXQJ7H[W0DNHU
WPS 7HPSRUlUH'DWHL
9RUODJHQGDWHLIUYHUVFKLHGHQH
WPSO 7HPSODWH
$QZHQGXQJHQ
7UDQVODWLRQ0HPRU\'DWHLYRQ7UDGRV
WPZ 7UDQVODWLRQ0HPRU\
7UDQVODWRU
V:RUNEHQFKSURSULHWlU
7UDQVODWLRQ0HPRU\ 'DWHL]XP$XVWDXVFKYRQ7UDQVODWLRQ
WP[
H;FKDQJH 0HPRULHV
WRF 7DEOHRI&RQWHQWV 7H;/D7H;
%LW7RUUHQW'DWHL3HHUWR
WRUUHQW 7RUUHQW
3HHU'DWHLYHUNQSIXQJ
7UDPLHO2SHUDWLQJ $XVIKUEDUH3URJUDPPGDWHLDXI$7$5,
WRV
6\VWHP 67&RPSXWHUQXQG.RPSDWLEOHQ
WSI 7KLQ3ULQW)LOH 'UXFNGDWHLLP(0))RUPDW
WSO 3UHSV7HPSODWH
WSV 7RSVSHHG'DWD)LOH &ODULRQIRU:LQGRZV'DWHQEDQNGDWHL
WSX 7XUER3DVFDO8QLW 3URJUDPPELEOLRWKHNYRQ7XUER3DVFDO
YRQ
WUF 7UDFH/RJ )DEDVRIW&RPSRQHQWV7UDFH/RJ

7UDMHNWRULHQLQGLYHUVHQ
6SH]LDOSURJUDPPHQ]%GHU&KHPLHXQG
WUM 75DMHFWRU\ %LRFKHPLHVRZLHLQ9HUNHKUVVLPXODWLRQHQ
$,06819,66,07(;$6XQG
3DUDPLFV
WUN 7UDFNORJILOH *367UDFNORJLQ3&;IRUPDW
WUXKH WDQV&U\SW7UXKH 0LW7DQV&U\SWYHUVFKOVVHOWH7UXKH
)RUPDWIU0XOWLPHGLDWUDQVSRUWEHU
XQVLFKHUH9HUELQGXQJHQZLH]%YRQ
WV 7UDQVSRUW6WUHDP 796DWHOOLWHQ]XU(PSIDQJVDQODJHKlXILJ
PLWGHP&RGHF03(*GDWHQUHGX]LHUW
VLHKHDXFKSV
WV 7UDQVSRUW6WUHDP ZLHWVDOOHUGLQJVIU03(*
'DWHLIRUPDWIU'&$'6FKUDIIXUHQ
HUVWHOOWPLWGHP3URJUDPP7KRX9LVDE
WVF 7KRX9LV6FKUDIIXU
GHU9HUVLRQIUGDVSURJUDPPHLJHQH
6FKUDIIXUNDWDORJ
+HUVWHOOHUVSH]LILVFKHU7$3,7UHLEHU
WVS 7$3,6HUYLFH3URYLGHU
:LQGRZV
$EDUEHLWXQJVIlKLJHV3URJUDPPXQWHU
WVN 7DVN
56;
WVY 7DE6HSDUDWHG9DOXHV 7H[WGDWHL7DEHOOH
(LQH'DWHLGLHPHKUHUH6FKULIWHQLP
7UXH7\SH)RUPDWHQWKlOW'LHHQWKDOWHQHQ
6FKULIW]HLFKHQN|QQHQWHLOZHLVHRGHU
WWF 7UXH7\SH&ROOHFWLRQ
NRPSOHWWDXFKYRQPHKUHUHQGHU
HQWKDOWHQHQ6FKULIWHQJHPHLQVDPJHQXW]W
ZHUGHQ
7UXH7\SHLVWHLQ9HNWRUJUDILVFKHV)RUPDW
WWI 7UXH7\SH)RQW
IU6FKULIWVFKQLWWH
.RPPDQGR]HLOHQSURJUDPPGHV$WDUL67
WWS 7267DNHV3DUDPHWHUV
GDV3DUDPHWHUDXVZHUWHW
6SHLFKHUIRUPDWIUhEHUVHW]XQJHQGHV
%LOLQJXDOH
WW[ 6'/7UDGRV7DJHGLWRULQWHUQDOVXQLFRGH
hEHUVHW]XQJVGDWHL
;0/'DWHLNRGLHUW
'DWHLIRUPDWIU'&$'
%HPDXQJVHLQVWHOOXQJHQHUVWHOOWPLWGHP
7KRX9LV
WYE 3URJUDPP7KRX9LVIUGLH
%HPDXQJVHLQVWHOOXQJ
SURJUDPPHLJHQH%HPDXQJVHLQVWHOOXQJHQ
3DUDPHWHUQ
'DWHLIRUPDWIU'&$'0HQVWUXNWXU
HUVWHOOWPLWGHP3URJUDPP7KRX9LVIUGLH
WYP 7KRX9LV0HQVWUXNWXU
SURJUDPPHLJHQH]XVlW]OLFKH
0HQIXQNWLRQHQ
'DWHLIRUPDWIU'&$'6\PEROH
WYV 7KRX9LV6\PERO HUVWHOOWPLWGHP3URJUDPP7KRX9LVIU
YRQ
WYV 7KRX9LV6\PERO HUVWHOOWPLWGHP3URJUDPP7KRX9LVIU

GDVSURJUDPPHLJHQH6\PERONDWDORJ
'DWHLIRUPDWIU'&$'=HLFKQXQJHQ
WY] 7KRX9LV=HLFKQXQJ
HUVWHOOWPLWGHP3URJUDPP7KRX9LV
WZD $EVDW]IRUPDW'DWHL 7HPSXV:RUG$EVDW]IRUPDW'DWHL
7HPSXV:RUG
WZG 7HPSXV:RUG7H[WGRNXPHQW
'RNXPHQW
WZV 9RUODJHQGRNXPHQW 7HPSXV:RUG9RUODJHQGRNXPHQW
W[W WH[WSODLQ 7H[W (LQIDFKHU7H[W
W[W 06:RUG7H[W 0LFURVRIW:RUGIU'267H[WGDWHL
YRQ

X 8QUHDO 6\VWHPGDWHLGHU8QUHDO(QJLQH
8OWLPDWH'PRGHOILOH
XG '0RGHOOGDWHLIRUPDWYRQ8OWLPDWH'
IRUPDW
$XI8NRQIRUPHQ86%6WLFNDXVIKUEDUHV
XS ±
3URJUDPP
XF 8OWUD&RPSUHVVRU,, 0LW8OWUD&RPSUHVVRUNRPSULPLHUWH'DWHL
$6&,,'DWHLGHILQLHUW(LQVFKUlQNXQJHQIU
XFI ;LOLQ[8VHU&RQVWUDLQW)LOH
HLQ+DUGZDUH'HVLJQDXI/RJLN(EHQH
8OHDG)LOHIRU2EMHFWV %LOG 2EMHNWGDWHLYRQ8OHDG3KRWR,PSDFW
XIR
8QOLPLWHG)LOH2UGHULQJ .RQLJXUDWLRQVGDWHLGDV'DWHLPDQDJHUV8)2
8+$5&&RPSUHVVHG $UFKLYHHUVWHOOWPLW:LQ8+$RGHU
XKD
$UFKLYH bKQOLFKHPVLHKH8+$5&
6SH]LHOOIU6SLHOHO|VXQJHQHQWZLFNHOWHV
XKV 8+68OWLPDWH+LQW6\VWHP
'DWHLIRUPDW
8VHU,QWHUIDFH(QWZXUIV'DWHL9HUZHQGHW]ௗ
XL 4W8VHU,QWHUIDFH
%LQ.'HYHORS
'LVF&''9',PDJHV$UFKLYH
HUVWHOOWNRPSULPLHUWJHPRXQWHGPLW
XLI 8QLYHUVDO,PDJH)RUPDW
0DJLF,62XQGRGHU9LUWXDO'LVN(PXODWRU
0DJLF',6&
8QIDOO.UDQNHQXQG
XND $EVHQ]HQPDQDJHPHQW 'DWHQDUFKLY'DWHLGHV8.$3URJUDPPHV
6\VWHP
7UDFNHUPRGXO0XVLNIRUPDWGHV8OWUD
XOW 8OWUD7UDFNHU
7UDFNHUV
XPRG 8QUHDOPRGLILFDWLRQ 0RGIU8QUHDO8QUHDO7RXUQDPHQW
XQU 8QUHDO0DS 0DSLQ8QUHDO8QUHDO7RXUQDPHQW
XRP 8SGDWH20DWLF'DWHL
820/LVWHLQHDXI;0/EDVLHUHQGH
8QLTXH2EMHFW0DUNXS
XRPO $XV]HLFKQXQJVVSUDFKHGHV0DQDJHPHQW
/DQJXDJH
6\VWHPVYRQXQLTXHREMHFW
XSG ± &RUHO9LGHR6WXGLRWHPSRUlUH3URMHNWGDWHL
XUG XOWUDUHFDOOGDWDEDVH 'DWHQEDQNGDWHLYRQ8OWUDUHFDOO
XUO ,QWHUQHW6KRUWFXW 9HUNQSIXQJPLW,QWHUQHW85/
([SRUWGDWHLIU/LHGWH[WHGHU2QOLQH
XVU ±
/LHGHUGDWHQEDQN6RQJ6HOHFW
XW 870DS 0DSLQ8QUHDO7RXUQDPHQW
XW[ 8QUHDO7H[WXUH 7H[WXUHQSDNHWHGHU8QUHDO(QJLQH
$6&,,FRGLHUWH%LQlUGDWHQ:LQ5$5
XX 88QFRGHG'DWHL
$UFKLY
YRQ
$UFKLY
XXH 88HQFRGHG'DWHL $6&,,FRGLHUWH%LQlUGDWHQ88HQFRGH
3URMHFWILOHGHV(PEHGGHG&RPSLOHUV.HLO
XY 9LVLRQ
9LVLRQ
XZX XQWHUP6WULFK:HE8SGDWH 8SGDWH'DWHLYRQXQWHUP6WULFK
)RUPDW]XP(QNRGLHUHQ9HU|IIHQWOLFKHQXQG
X[I 80/H[FKDQJH)RUPDW
$XVWDXVFKYRQ80/0RGHOOHQ
YRQ

YL 9LUWXDO9ROXPH,PDJH 1RUWRQ*KRVW
YS YYYYSDWFK YYYY
'XPSHLQHV1LQWHQGR6SLHOVLP'U9
Y 1LQWHQGR520LPDJH
)RUPDW]XU9HUZHQGXQJLQHLQHP(PXODWRU
YE 9LVXDO%DVLFQHW 9LVXDO%DVLF1(7'DWHL
YEH 9LVXDO%DVLF(QFU\SWHG 9HUVFKOVVHOWHV9%6FULSW
YEL 9LVXDO%DVLF,QWHOOL&$' &$',QIRUPDWLRQHQDOV3UHYLHZ
YES 9LVXDO%DVLF3URMHNW 9LVXDO%DVLF3URMHNW
YEV 9LVXDO%DVLF6FULSW 9%6FULSW
(UZHLWHUXQJYRQ9LVXDO%DVLF]XU(QWZLFNOXQJ
YE[ 9LVXDO%DVLF([WHQVLRQ HLJHQHU%HGLHQHOHPHQWHELW9HUVLRQHLQHV
2&;
YESURM 9LVXDO%DVLFQHW3URMHNW 9LVXDO6WXGLR1(79LVXDO%DVLF1(73URMHNW
YFI Y&DUG HOHNWURQLVFKH9LVLWNDUWHVLHKHY&DUG
YFSURM 9LVXDO&3URMHNW 9LVXDO6WXGLR1(7&3URMHNW
Y&DOHQGDU'DWHLDOVSODWWIRUPEHUJUHLIHQGHV
YFV Y&DOHQGDU $XVWDXVFKIRUPDWIU.DOHQGHUXQG
2UJDQL]HUSURJUDPPH
9'$)6'DWHLPLWJHRPHWULVFKHQ
YGD 9'$)6
',QIRUPDWLRQHQ
9LUHQ'HILQLWLRQV'DWHL
YGI *HQXW]WYRQ$YLUD$QWL9LU
YLUXVGHILQLWLRQILOH
YGL 9LUWXDOGLVNLPDJH 9LUWXDO%R['DWHLHQIUYLUWXHOOH3DUWLWLRQHQ
YIE ± 'DWHLHQGHV)RQWHGLWRU)RQWODE
YKG 9+'/6RXUFH&RGH)LOH 9+'/4XHOOFRGHGDWHL
0LFURVRIW9LUWXDO3&'DWHLHQIUYLUWXHOOH
YKG 9LUWXDOKDUGGLVN
3DUWLWLRQHQ
YL 9LUWXDO,QVWUXPHQW /DE9,(:'RNXPHQW
YLP 9LP6FULSW 9LP7H[WHGLWRU
YLS 9LUWXHOOHV3URMHNW 6DPSOLWXGH
YLV 9LVWD*UDILNV 9LVLWHQNDUWHQSURJUDPPQXU9LVWDIlKLJ
)UDJH'DWHLHQGHVHDV\/($51$XWRUHQ
YNI 9LGHR.DWDORJ)UDJH
6\VWHPVGHU6'1$*
.DSLWHO6WUXNWXU'DWHLHQGHVHDV\/($51
YNY 9LGHR.DWDORJ9HU]HLFKQLV
$XWRUHQXQG([SHUW6\VWHPV6'1$*
8QWHU'26DXVIKUEDUHV3URJUDPP]XU
YOP 9LUWXDO/RDGDEOH0RGXOH .RPPXQLNDWLRQPLW6HUYHUQXQWHU1RYHOO
1HW:DUH
90ZDUH'DWHLHQIUYLUWXHOOH90ZDUH
YRQ
90ZDUH'DWHLHQIUYLUWXHOOH90ZDUH
YPGN 90ZDUHYLUWXDOGLVNILOH
3DUWLWLRQHQ
0DS'DWHLHQ]XP%HDUEHLWHQIUGHQ9DOYH
YPI 9DOYH0DS)LOH
+DPPHU(GLWRU
YPR 9RLFH0HPR'DWHL 'LNWLHUJHUlWHLQ6LHPHQV+DQG\V
YPW 9DOYH0DWHULDO)LOH ,QIRUPDWLRQVGDWHL]XGHQ9DOYH7H[WXUH)LOHV
90ZDUH
YP[ 90ZDUH.RQILJXUDWLRQVGDWHL
.RQILJXUDWLRQVGDWHL
YRE 9LGHR2EMHFWV '9'9LGHRGDWHQ
YRF ± &UHDWLYH/DEV$XGLR9RLFH'DWHL
YRO ± 8WLPDFR6DIH*XDUG3ULYDWH'LVN9ROXPH
YS ± 9LGHRIRUPDWIU&RPSXWHUVSLHOH
9DOYHVDXVIKUEDUHU1DFKIROJHUGHU
YSN 9DOYH3DN
JFI'DWHLHQ]XUHLQIDFKHQ$GGRQ,QVWDOODWLRQ
6SHLFKHUGDWHLIUJOREDOH9DULDEOHQGHU
YUV ±
3URJUDPPLHUVSUDFKH/RJR
YVG 9LVLRGUDZLQJ 9LVLR
9LV6LPLVWHLQHJUDILVFKH3URJUDPPLHUVSUDFKH
YVP 9LVXDO6LPXODWLRQ0RGHO
IUGLH6LPXODWLRQYRQG\QDPLVFKHQ6\VWHPHQ
3URMHNWGDWHLIU&RUHO9LGHR6WXGLRYRUPDOV
YVS ±
8OHDG9LGHR6WXGLR
YWI 9DOYH7H[WXUH)LOH 7H[WXU'DWHLGHU6RXUFH(QJLQH
)RUPDWIU9RNDEHO'DWHLHQGHV3URJUDPPV
YWO 9RNDEHO7UDLQHU/HNWLRQ
9RNDEHO7UDLQHU
&$''DWHLOHVEDUPLW9HFWRU:RUNVDE
YZ[ 9HFWRU:RU;
9HUVLRQ
Y[G ± :LQGRZV9LUWXDO'HYLFH'ULYHUVLHKH9['
9RQÄKWWSVVHFXUHZLNLPHGLDRUJZLNLSHGLDGHZLNL/LVWHBYRQB'DWHLHQGXQJHQ9³
.DWHJRULH7HLOOLVWH
YRQ
/LVWHYRQ'DWHLHQGXQJHQ:±:LNLSHGLD KWWSVVHFXUHZLNLPHGLDRUJZLNLSHGLDGHZLNL/LVWHBYRQB'DWHLHQGXQ

ZZ 'XUFKQXPHULHUWH6RXQG'DWHLHQLP:DYH)RUPDWIU
6<:DYHIRUP
6\QWKHVL]HUGHU6<6HULHYRQ<DPDKD
ZP ± .DUWHQGDWHLIUGDV6SLHO:DUFUDIW,,,
ZQ ± .DPSDJQHQGDWHLIUGDV6SLHO:DUFUDIW,,,
.DUWHQGDWHLIUGLH(UZHLWHUXQJ7KH)UR]HQ7KURQH
Z[ ±
IUGDV6SLHO:DUFUDIW,,,
:LQGRZV
ZDE .RQWDNWHIU2XWORRN([SUHVV
$GUHVVEXFK
7H[WXUHQVDPPOXQJ4XDNH,X+DOI/LIH(QJLQHXQG
ZDG ± 6SLHOGDWHQ'220'220+H[HQ+HUHWLF
XYP
ZDO ± 7H[WXU4XDNH,,(QJLQH
ZDU :HE$UFKLYH :HE$UFKLYH-DYD
ZDU :HE$UFKLYH :$5'DWHL.'(.RQTXHURU
&RQWDLQHUIRUPDWIU$XGLRGDWHQPHLVW
ZDY 0LFURVRIW:DYH
XQNRPSULPLHUWHV3&0
0LFURVRIW:RUG
ZEN 6LFKHUXQJVGDWHL
%DFNXS
ZEPS :DS%LWPDS *UDILNIRUPDWIU:$3IlKLJH+DQG\V
ZFL ± WHPSRUlUH'DWHLYRQ:LQGRZV,QGH[GLHQVW
ZHEDUFKLYH :HE$UFKLY $SSOH:HE.LW$UFKLY
ZHEP ± &RQWDLQHUIU0XOWLPHGLDGDWHLHQ
ZKWW :LQ+77UDFN3URMHNW 3URMHNWGDWHLYRQ:HEVHLWHQNRSLH
:LQGRZV,PDJLQJ
ZLP )HVWSODWWHQLPDJH)RUPDWYRQ0LFURVRIW
)RUPDW
ZN /RWXV'DWHL 7DEHOOH
0LFURVRIW:RUNV ([FHOlKQOLFKH7DEHOOHQNDONXODWLRQVGDWHLYRQ
ZNV
'DWHL 0LFURVRIW
:ROIHQVWHLQ' 9ROOYHUVLRQZO (SLVRGHQYHUVLRQZO
ZO
6SLHOGDWHLHQ 6KDUHZDUH
$YHU\=ZHFNIRUP(WLNHWWHQXQG.DUWHQGUXFN
ZOE :LQ/DEHO
3URJUDPP
:LQGRZV0HGLD
ZPD 0LFURVRIW$XGLRIRUPDW
$XGLR
9HNWRUJUDILVFKHV%LOGIRUPDW0HWD)LOHVVLHKHDXFK
ZPI :LQGRZV0HWDILOH
:LQGRZV(QKDQFHG0HWDILOH
:LQGRZV0HGLD YHUOXVWEHKDIWHWNRPSULPLHUHQGHU9LGHR&R'HFYRQ
ZPY
9LGHR 0LFURVRIWPLWHLQJHEHWWHWHP'506\VWHP
:LQGRZV0HWDILOH
ZP] ZPI=,3NRPSULPLHUW
YRQ
/LVWHYRQ'DWHLHQGXQJHQ:±:LNLSHGLD KWWSVVHFXUHZLNLPHGLDRUJZLNLSHGLDGHZLNL/LVWHBYRQB'DWHLHQGXQ
:LQGRZV0HWDILOH
ZP] ZPI=,3NRPSULPLHUW
=,3
:HE2EMHFWV
ZRD $SSOH:HE2EMHFWV'DWHL
$SSOLFDWLRQ
:RUG3HUIHFW
ZSG 7H[WYHUDUEHLWXQJ:RUG3HUIHFW
'RFXPHQW
ZSI :ULWH3UR)LOH 'RNXPHQW+70/%DVLV:ULWH3UR
:RUG3HUIHFW
ZSJ %LOGGDWHL9HNWRUJUDSKLN:RUG3HUIHFW
*UDSKLFV
ZSL :DUS,1'DWHL .RPSULPLHUWHV,QVWDOODWLRQVSDNHWIU26H&6
:RUNV:RUG
ZSV 0LFURVRIW:RUNV7H[WGRNXPHQW
3URFHVVLQJ)LOHV
ZSW :D\SRLQWILOH *36:D\SRLQWILOHLQ3&;IRUPDW
ZSW 7H[WGRNXPHQW 'RNXPHQWHQIRUPDWIU%URWKHU7H[WV\VWHPH
ZT ± 4XDWWUR3URIRU'26VSUHDGVKHHW
ZT ± 4XDWWUR3URYIRU06'26)LOH
ZUL :ULWH 7H[WYHUDUEHLWXQJ:LQGRZV:ULWH'RNXPHQW
ZUO ZRUOG '6]HQHLP950/)RUPDW
ZU] ± JHSDFNWH'6]HQHLP950/)RUPDW
ZV :RUNVKHHW $3/":RUNVKHHW
:HE6HUYLFHV
ZVGO 'HVFULSWLRQ %HVFKUHLEXQJVVSUDFKHIU1HW]ZHUNGLHQVWH
/DQJXDJH
3URMHFW)LOHYRQ:LQ6KHOOLQWHJUDWHGGHYHORSPHQW
ZVS :LQ6KHOO3URMHFW
HQYLURQPHQWIRUHDV\ZRUNLQJZLWK/D7H;RU7H;
ZVW :HUN6WFN *UDYLHU)UlV3URJUDPP%(6JUDY
ZY :DY3DFN YHUOXVWIUHLNRPSULPLHUHQGHV$XGLRIRUPDW
ZZI ± QLFKWGUXFNEDUHVSGI)RUPDW
3URMHNWGDWHLGHV&$'lKQOLFKHQ/LFKWGHVLJQ
Z\J :<6,:<*3URMHNW
3URJUDPPV:<6,:<*
Z]V 06:RUG:L]DUG
YRQ
/LVWHYRQ'DWHLHQGXQJHQ;±:LNLSHGLD KWWSVVHFXUHZLNLPHGLDRUJZLNLSHGLDGHZLNL/LVWHBYRQB'DWHLHQGXQ

'0RGHOOHDXFKPLW
[ 'LUHFW;0HVK)LOHV
$QLPDWLRQ
:$9'DWHLYRQ
[ZDY 6LHPHQV XQNRPSULPLHUWHV0XVLNIRUPDW
0RELOWHOHIRQHQ
%HL3DUDVROLGKDQGHOWHVVLFK
XPHLQHQ'&$'
9ROXPHQPRGHOOLHUNHUQHOGHU
)LUPD8QLJUDSKLFV6ROXWLRQ
3DUDVROLGVWHOOWHLQH
%LEOLRWKHNPLW
&)XQNWLRQHQEHUHLW
%LQlUH3DUDVROLG 3DUDVROLGLVWQLFKWQXU
[BE 'DWHL'&$' *UXQGODJHGHU6\VWHPHYRQ
.HUQ)RUPDW 8QLJUDSKLFV6ROXWLRQV
6ROLG(GJHXQG
81,*5$3+,&6VRQGHUQ
DXFKYRQEHUZHLWHUHQ
&$'6\VWHPHQ)LQLWH
(OHPHQWH$QDO\VHXQG
1&3URJUDPPHQ
XQWHUVFKLHGOLFKHU$QELHWHU
7H[W3DUDVROLG'DWHL
[BW '&$' VLHKH[BE
.HUQ)RUPDW
[G )ROLHQSUlVHQWDWLRQ 3URJUDPP6RORYRQ$[RQ
6LJPD.DPHUD
[I 5$:)RWRIRUPDW
5$:)RWRGDWHL
[G ([WHQVLEOH' )RUPDWIU'0RGHOOH
[ 7H[W .RPSULPLHUWHU7H[W
*$(%'$;0/'DWHL
[ /HLVWXQJVYHU]HLFKQLV $XVWDXVFK/9]ZLVFKHQ]%
$UFKLWHNWXQG,QJHQLHXU
*$(%'$;0/'DWHLPLW
[ $QJHERWVDXIIRUGHUXQJ
*$(%'$;0/'DWHLPLW
[ $QJHERWVDEJDEH
$QJHERWVDEJDEH
*$(%'$;0/'DWHLPLW
[ 1HEHQDQJHERW
1HEHQDQJHERW
*$(%'$;0/'DWHLPLW
[ $XIWUDJVHUWHLOXQJ
$XIWUDJVHUWHLOXQJ
*$(%'$;0/'DWHLPLW
[ 1DFKWUDJ
$QJHERWVQDFKWUDJ
*$(%'$;0/'DWHLPLW
[ 5HFKQXQJ
YRQ
*$(%'$;0/'DWHLPLW
[ 5HFKQXQJ
5HFKQXQJVGDWHQ
[EP ;%LWPDS %LOGGDWHL
[FI *,03 *,03HLJHQHV*UDILNIRUPDW
,QIRGDWHLIU8OWLPDWH5LSNLW
[GW ;'7
363
([WHUQHV)UDPHVHWIU
[IP ;)UDPHV0RGHO
;+70/
)DVVWHQWZHGHUDXWRPDWLVFK
GHQ,QKDOWHLQHU7H[WGDWHL
]XVDPPHQYHUJOHLFKH
$XWR=XVDPPHQIDVVHQEHL
:RUGRGHU]HLJWYRP$XWRU
DQJHJHEHQH
[IL ([WUDFWHG)LOH,QIR =XVDPPHQIDVVXQJDQIDOOV
YRUKDQGHQ6ROOWH
XUVSUQJOLFKDE'HELDQ
HLQJHVHW]WZHUGHQZLUGQXQ
DEHUZDKUVFKHLQOLFKHUVW
IHUWLJZHUGHQ%HILQGHWVLFK
QRFKLQGHU%HWDSKDVH
([WHQVLEOH+\SHUWH[W +\SHUWH[WQDFK;+70/
[KWPO
0DUNXS/DQJXDJH 6WDQGDUG
[OD 06([FHO 3URJUDPP$GG,QV
[OD[ 06([FHO 3URJUDPP$GG,QV
[OF 06([FHO&KDUW 'LDJUDPPHUVWHOOXQJ
[OF[ 06([FHO&KDUW 'LDJUDPPHUVWHOOXQJ
[ON 06([FHO 6LFKHUXQJVNRSLH
DSSOLFDWLRQYQGPVH[FHORIIL]LHOO
[OV 06([FHO6KHHW 7DEHOOHQNDONXODWLRQ
DSSOLFDWLRQPVH[FHO>@
DSSOLFDWLRQYQGPV 7DEHOOHQNDONXODWLRQ
[OVP 06([FHO6KHHW
H[FHOVKHHWPDFUR(QDEOHG>@ 0DNURIXQNWLRQDNWLYLHUW
DSSOLFDWLRQYQGRSHQ[POIRUPDWV 7DEHOOHQNDONXODWLRQ
[OV[ >@ 06([FHO6KHHW 0DNURIXQNWLRQGHDNWLYLHUW
RIILFHGRFXPHQWVSUHDGVKHHWPOVKHHW
[OW 06([FHO7HPSODWH 7DEHOOHQYRUODJHQ
06([FHO
[OW 7DEHOOHQYRUODJHQ
7HPSODWH
:RUNVSDFHDE([FHOIDW
PHKUHUH7DEHOOHQ]XHLQHP
'RNXPHQW]XVDPPHQ
[OZ 06([FHO
VSHLFKHUWGHQ$UEHLWVEHUHLFK
)HQVWHUDXIWHLOXQJ'DUVWHOOXQJ
JH|IIQHWH'DWHLHQ
7UDFNHUPRGXO0XVLNIRUPDW
[P ([WHQGHG0RGXOH
GHV)DVWWUDFNHU
6SHLFKHUIRUPDWGHV8PEUHOOR
[PL 8PEUHOOR80/'DWHL
80/0RGHOOHU
DOOJHPHLQH'DWHLHQGXQJIU
WH[W[PODSSOLFDWLRQ[PO ([WHQVLEOH0DUNXS
[PO ;0/'RNXPHQWH
YRQ
WH[W[PODSSOLFDWLRQ[PO ([WHQVLEOH0DUNXS
[PO ;0/'RNXPHQWH
DSSOLFDWLRQ[[PO /DQJXDJH
YHUVFKLHGHQHU$UW
([WHQGHG0RGXOH
[P] 0XVLNIRUPDWYRQ
]LSSHG
)DVWWUDFNHU
(UZHLWHUXQJIU]%0R]LOOD
[SL ;3,QVWDOO
)LUHIR[XQG7KXQGHUELUG
[SP ;3L[0DS %LOGGDWHL
[SV)RUPDW:LQGRZV ;36'DWHLIRUPDW;0/
[SV
;36 3DSHU6SHFLILFDWLRQ
[V ;6HDUFK ;6HDUFKHLJHQHV'DWHLIRUPDW
6RXQG%DQN
6RXQG%DQN;$&7
[VE ;0/%HDQV6FKHPD
;0/%HDQV6FKHPD0HWDGDWD
0HWDGDWD
*UDPPDWLNQDFKGHQ
;0/6FKHPD
[VG ;0/6FKHPD5HJHOQIU
'HILQLWLRQ
;0/'DWHQ
7UDQVIRUPDWLRQVDQZHLVXQJHQ
([WHQVLEOH6W\OHVKHHW ;6/7RGHU
[VO
/DQJXDJH;6/ )RUPDWLHUXQJVUHJHOQ
;6/)2IU;0/'DWHQ
;6/7UDQVIRUPDWLRQ 7UDQVIRUPDWLRQVDQZHLVXQJHQ
[VOW
;6/7 IU;0/'DWHQ
;0/6KDUHDEOH
[VSI ;0/3OD\OLVWHQ
3OD\OLVW)RUPDW
)U0R]LOOD$QZHQGXQJHQ
;0/8VHU,QWHUIDFH
[XO HQWZLFNHOWH
/DQJXDJH
*8,%HVFKUHLEXQJVVSUDFKH
9;9/*HRPHWU\)LOH ;9/'DWHLIRUPDWIU
[Y
;9/ RSWLPLHUWH/DGH]HLWHQ
3;9/*HRPHWU\)LOH ;9/'DWHLIRUPDWIU
[Y
;9/ RSWLPLHUWH'DWHLJU|H
;\QJR9LGHR)LOH 9LGHR)RUPDWGHV;\QJR
[YI
;9) 9LGHR%RDUG
[\] [\])RUPDW;PRO .RRUGLQDWHQYRQ0ROHNOHQ
;<=.RRUGLQDWHQYRQ
[\] ;<=/LVWH
'LJLWDOHQ*HOlQGHPRGHOOHQ
[]'DWHLIRUPDW]XU
[] []
.RPSULPLHUXQJ
YRQ
/LVWHYRQ'DWHLHQGXQJHQ<±:LNLSHGLD KWWSVVHFXUHZLNLPHGLDRUJZLNLSHGLDGHZLNL/LVWHBYRQB'DWHLHQGXQ
9ROOVWlQGLJHU
'DWHLHQGXQJ 0,0(7\S %HPHUNXQJHQ9HUZHQGXQJ
1DPH
\ ± .RPSULPLHUWHV$PLJD$UFKLY<$%%$
\ ± *UDPPDWLN'DWHL\DFF
<$0/$LQ
W
\DPO <$0/LVWHLQH6SUDFKH]XU'DWHQVHULDOLVLHUXQJ
0DUNXS/DQJXDJH
6WHXHUILOHIUGHQ<DSL,QWHUSUHWHU1HWLQVWDOO
\DSL ±
(UZHLWHUXQJ
\ELV\ ± 6HFRQGDU\LQGH[ILOH3DUDGR['DWHQEDQN
\ELV\ ± -DKUEXFK'DWHL<HDUERRN0LFURVRIW(QFDUWD
\DO ± &OLSDUW%LEOLRWKHN$UWV /HWWHUV
\LQN \,QN \,QN%LOGGDWHL
<$0/$LQ
W
\PO <$0/LVWHLQH6SUDFKH]XU'DWHQVHULDOLVLHUXQJ
0DUNXS/DQJXDJH
<&E&UNRGLHUWH*UDILN'DWHL'LH%H]HLFKQXQJPLW\XY
\XY ± EHUXKWDXIGHUKlXILJHQ9HUZHFKVOXQJGHVGLJLWDOHQ
<&E&UPLWGHPEHLPDQDORJHQ3$/YHUZHQGHWHQ<89
\] ± .RPSULPLHUWHV'DWHL$UFKLY<$&
YRQ
/LVWHYRQ'DWHLHQGXQJHQ=±:LNLSHGLD KWWSVVHFXUHZLNLPHGLDRUJZLNLSHGLDGHZLNL/LVWHBYRQB'DWHLHQGXQ

] .RPSULPLHUWH81,;'DWHL
] 6SLHOPRGXO,QIRFRP
'0RGHOOHPLWGHP=0RGHOHUHUVWHOOHQ
]G =DQR]D')LOH
VSHLFKHUQHWF
'XPSHLQHV1LQWHQGR6SLHOVLP
1LQWHQGR520
] 0U%DFNXS=)RUPDW]XU9HUZHQGXQJ
LPDJH
LQHLQHP(PXODWRU
]DEZ .RPSULPLHUWHV'RNXPHQW$ELZRUG
]DS .RPSULPLHUWH'DWHL)LOH:UDQJOHU
6RIWZDUH,QVWDOODWLRQVHLQVWHOOXQJHQ
]DS
0LFURVRIW:LQGRZV
]ES 7DIHOSDNHWIU%RDUGPDNHU
]GJ .RPSULPLHUWHV7H[W'RNXPHQW=YLHZ
*UDILN'DWHL$YHU\=ZHFNIRUP
]GO 'HVLJQ3UR'DWHL
'HVLJQ3UR
*UDILN'DWHL$YHU\=ZHFNIRUP
]GS 'HVLJQ3UR'DWHL
'HVLJQ3UR
]HL =HLFKQXQJ/2*2&$'7ULJD
]HQR .RPSULPLHUWHV'RNXPHQW
]HU 'DWHQ'DWHL=HUEHUXV
]IE 9%*)UDJHERJHQ
]JP *UDILN'DWHL=HQR*UDSKLFV
.RPSULPLHUWHV'RNXPHQW9HUEHVVHUWHV
]LP =HQR,0SURYHG
=HQR)RUPDW
DSSOLFDWLRQ]LS
]LS DSSOLFDWLRQ[ DSSOLFDWLRQ]LS .RPSULPLHUWHV'DWHLDUFKLY
]LSFRPSUHVVHG
.RPSULPLHUWHV'DWHLDUFKLY9HUEHVVHUWHV
]LS[ ±
=,3)RUPDW
.RQVWUXNWLRQVGDWHLGHV'\QDPLVFKHQ
]LU
*HRPHWULHSURJUDPPV=LUNHOXQG/LQHDO
.RPSULPLHUWHV$UFKLY=220DXI
]RP
$PLJD
]RR .RPSULPLHUWHV'DWHLDUFKLY
=HQG'HYHORSPHQW
]SM 3URMHNWGDWHLYRQ=HQG6WXGLR
(QYLURQPHQW3URMHFW
=HU7ROHUDQFH
]W =HU7ROHUDQFH4XHOOWH[WGDWHL
6RXUFH
]YG 9RLFH'DWHL=\[HO=)D[
YRQ
/LVWHYRQ'DWHLHQGXQJHQ=±:LNLSHGLD KWWSVVHFXUHZLNLPHGLDRUJZLNLSHGLDGHZLNL/LVWHBYRQB'DWHLHQGXQ
]YG 9RLFH'DWHL=\[HO=)D[
YRQ

Liste Von Dateiendungen - A-Z Und 0-9 Wikipedia

Hochgeladen von

Dokumentinformationen

Originaltitel

Copyright

Verfügbare Formate

Dieses Dokument teilen

Dokument teilen oder einbetten

Freigabeoptionen

Stufen Sie dieses Dokument als nützlich ein?

Sind diese Inhalte unangemessen?

Copyright:

Verfügbare Formate

Liste Von Dateiendungen - A-Z Und 0-9 Wikipedia

Hochgeladen von

Copyright:

Verfügbare Formate

/LVWHYRQ'DWHLHQGXQJHQ±±:LNLSHGLD KWWSVVHFXUHZLNLPHGLDRUJZLNLSHGLDGHZLNL/LVWHBYRQB'DWHLHQGXQ

'DWHLHQGXQJ 0,0(7\S 9ROOVWlQGLJHU1DPH %HPHUNXQJHQ9HUZHQGXQJ

GP '*HOlQGHPRGHOO 606

GPI [ZRUOG[GPI '0HWDILOH 4XLFN'UDZ'

GV '6WXGLR &LQHPD'GV0D[$XWR&$'

Y 0XVLNGDWHL 4XDUWHW

'DWHLHQGXQJ 0,0(7\S 9ROOVWlQGLJHU1DPH %HPHUNXQJHQ9HUZHQGXQJ

DFW )R[GRF$FWLRQ'LDJUDP 0LFURVRIW9LVXDO)R[3UR

DOL 'RNXPHQW 6$3SURSULHWDU\IRUPDW

$V\OXP PRGXOHPXVLF 7UDFNHUPRGXO 0XVLNIRUPDW GHV'LJLWDO

'DWHLHQGXQJ 0,0(7\S 9ROOVWlQGLJHU1DPH %HPHUNXQJHQ9HUZHQGXQJ

EPS %LWPDS 26%LWPDS %LOGGDWHL

'DWHLHQGXQJ 0,0(7\S 9ROOVWlQGLJHU1DPH %HPHUNXQJHQ9HUZHQGXQJ

&DNHZDON$SSOLFDWLRQ 0DNURGDWHLIU&DNHZDON 0,',

FGL &RPSDFW'LVF,QWHUDFWLYH 3KLOLSV&'L6WDQGDUG

FSW (QFU\SWHG0HPR G%DVH

FVY $GMXVWHG(*$9*$3DOHWWH &RPSX6KRZ

GFU 'HOSKL&RPSLOHG5HVRXUFH 5HVVRXUFHQ±'DWHLYRQ

GLV 'LVWULEXWLRQILOH 9$;0DLO

GVG 'DWDEDVHILOH 'DWD6KDSHU

'DWHLHQGXQJ 0,0(7\SHV 9ROOVWlQGLJHU1DPH %HPHUNXQJHQ9HUZHQGXQJ

HGUZ H'UDZLQJV)LOH 6ROLG:RUNV&$'

HVK ([WHQGHG6KHOO%DWFK '26

'DWHLHQGXQJ 0,0(7\SHV 9ROOVWlQGLJHU1DPH %HPHUNXQJHQ9HUZHQGXQJ

IE[ '$XVWDXVFKIRUPDW $XWRGHVN0D\D'6WXGLR0$;

IOW )LOWHU &RUHO

IRO 6DYHGPHVVDJHIROGHU VW5HDGHU

I[V )D[7UDQVPLWJUDSKLF :LQ)D[ 6\PDQWHF&RUSRUDWLRQ

'DWHLHQGXQJ 0,0(7\S 9ROOVWlQGLJHU1DPH %HPHUNXQJHQ9HUZHQGXQJ

JXV *XVWDY*XVWDYVRQ VZHGJHRJUDILFGDWD

'DWHLHQGXQJ 0,0(7\SHV 9ROOVWlQGLJHU1DPH %HPHUNXQJHQ9HUZHQGXQJ

KGZ +DUYDUG'UDZ 9HFWRUJUDSKLFV

'DWHLHQGXQJ 0,0(7\S 9ROOVWlQGLJHU1DPH %HPHUNXQJHQ9HUZHQGXQJ

LGZ 9HFWRUJUDSKLF ,QWHOOL'UDZ

LQV ,QVWUXPHQWPXVLF'DWHL $GOLE

LW 6HWWLQJV'DWHL LQWDON

'DWHLHQGXQJ 0,0(7\SHV 9ROOVWlQGLJHU1DPH %HPHUNXQJHQ9HUZHQGXQJ

MSP LPDJHMSP -3(*ILOH :DYHOHWNRPSULPLHUWH%LOGGDWHL

'DWHLHQGXQJ 0,0(7\SHV 9ROOVWlQGLJHU1DPH %HPHUNXQJHQ9HUZHQGXQJ

NJW .*HW .*HW'RZQORDGOLVWH

'DWHLHQGXQJ 0,0(7\SHV 9ROOVWlQGLJHU1DPH %HPHUNXQJHQ9HUZHQGXQJ

OLQ /LQHW\SH'DWHL 'DWD&DG

'DWHLHQGXQJ 0,0(7\S 9ROOVWlQGLJHU1DPH %HPHUNXQJHQ9HUZHQGXQJ

PVP 0LFURVRIW,QVWDOOHU 0LWWHOV0HUJHPRGXOHVN|QQHQ

'DWHLHQGXQJ 0,0(7\S 9ROOVWlQGLJHU1DPH %HPHUNXQJHQ9HUZHQGXQJ

'DWHLHQGXQJ 0,0(7\S 9ROOVWlQGLJHU1DPH %HPHUNXQJHQ9HUZHQGXQJ

S 6DW]GDWHL $GREH3DJHPDNHU

SDU 3$5:LHGHUKHUVWHOOXQJVGDWHL 4XLFN3DU

SQP 3RUWDEOH3L[0DS %LOGGDWHL

SUM $17$5(6%.,(QHUJLHSODQHU 3URMHNW'DWHL

7UDFNHUPRGXO 0XVLNIRUPDW GHV

SXE DSSOLFDWLRQ[PVSXEOLVKHU 'RNXPHQW 6DW]V\VWHP0LFURVRIW3XEOLVKHU

'DWHLHQGXQJ 0,0(7\S 9ROOVWlQGLJHU1DPH %HPHUNXQJHQ9HUZHQGXQJ

'DWHLHQGXQJ 0,0(7\S 9ROOVWlQGLJHU1DPH %HPHUNXQJHQ9HUZHQGXQJ

'DWHLHQGXQJ 0,0(7\S 9ROOVWlQGLJHU1DPH %HPHUNXQJHQ9HUZHQGXQJ

VKWP +70/'RFXPHQW +70/'RNXPHQWPLW6HUYHU6LGH

'DWHLHQGXQJ 0,0(7\SHV 9ROOVWlQGLJHU1DPH %HPHUNXQJHQ9HUZHQGXQJ

WLE 7UXH,PDJH ,PDJH)RUPDWYRQ$FURQLV7UXH,PDJH

WUF 7UDFH/RJ )DEDVRIW&RPSRQHQWV7UDFH/RJ

WYV 7KRX9LV6\PERO HUVWHOOWPLWGHP3URJUDPP7KRX9LVIU

'DWHLHQGXQJ 0,0(7\S 9ROOVWlQGLJHU1DPH %HPHUNXQJHQ9HUZHQGXQJ

'DWHLHQGXQJ 0,0(7\S 9ROOVWlQGLJHU1DPH %HPHUNXQJHQ9HUZHQGXQJ

'DWHLHQGXQJ 0,0(7\S 9ROOVWlQGLJHU1DPH %HPHUNXQJHQ9HUZHQGXQJ

/LVWHYRQ'DWHLHQGXQJHQ±±:LNLSHGLD KWWSVVHFXUHZLNLPHGLDRUJZLNLSHGLDGHZLNL/LVWHBYRQB'DWHLHQGXQ

'DWHLHQGXQJ 0,0(7\S 9ROOVWlQGLJHU1DPH %HPHUNXQJHQ9HUZHQGXQJ

GP '*HOlQGHPRGHOO 606

GPI [ZRUOG[GPI '0HWDILOH 4XLFN'UDZ'

GV '6WXGLR &LQHPD'GV0D[$XWR&$'

Y 0XVLNGDWHL 4XDUWHW

'DWHLHQGXQJ 0,0(7\S 9ROOVWlQGLJHU1DPH %HPHUNXQJHQ9HUZHQGXQJ

DFW )R[GRF$FWLRQ'LDJUDP 0LFURVRIW9LVXDO)R[3UR

DOL 'RNXPHQW 6$3SURSULHWDU\IRUPDW

$V\OXPPRGXOHPXVLF 7UDFNHUPRGXO0XVLNIRUPDWGHV'LJLWDO

'DWHLHQGXQJ 0,0(7\S 9ROOVWlQGLJHU1DPH %HPHUNXQJHQ9HUZHQGXQJ

EPS %LWPDS 26%LWPDS%LOGGDWHL

'DWHLHQGXQJ 0,0(7\S 9ROOVWlQGLJHU1DPH %HPHUNXQJHQ9HUZHQGXQJ

&DNHZDON$SSOLFDWLRQ 0DNURGDWHLIU&DNHZDON0,',

FGL &RPSDFW'LVF,QWHUDFWLYH 3KLOLSV&'L6WDQGDUG

FSW (QFU\SWHG0HPR G%DVH

FVY $GMXVWHG($9$3DOHWWH &RPSX6KRZ

GFU 'HOSKL&RPSLOHG5HVRXUFH 5HVVRXUFHQ±'DWHLYRQ

GLV 'LVWULEXWLRQILOH 9$;0DLO

GVG 'DWDEDVHILOH 'DWD6KDSHU

'DWHLHQGXQJ 0,0(7\SHV 9ROOVWlQGLJHU1DPH %HPHUNXQJHQ9HUZHQGXQJ

HGUZ H'UDZLQJV)LOH 6ROLG:RUNV&$'

HVK ([WHQGHG6KHOO%DWFK '26

'DWHLHQGXQJ 0,0(7\SHV 9ROOVWlQGLJHU1DPH %HPHUNXQJHQ9HUZHQGXQJ

IE[ '$XVWDXVFKIRUPDW $XWRGHVN0D\D'6WXGLR0$;

IOW )LOWHU &RUHO

IRO 6DYHGPHVVDJHIROGHU VW5HDGHU

I[V )D[7UDQVPLWJUDSKLF :LQ)D[6\PDQWHF&RUSRUDWLRQ

'DWHLHQGXQJ 0,0(7\S 9ROOVWlQGLJHU1DPH %HPHUNXQJHQ9HUZHQGXQJ

JXV XVWDYXVWDYVRQ VZHGJHRJUDILFGDWD

'DWHLHQGXQJ 0,0(7\SHV 9ROOVWlQGLJHU1DPH %HPHUNXQJHQ9HUZHQGXQJ

KGZ +DUYDUG'UDZ 9HFWRUJUDSKLFV

'DWHLHQGXQJ 0,0(7\S 9ROOVWlQGLJHU1DPH %HPHUNXQJHQ9HUZHQGXQJ

LGZ 9HFWRUJUDSKLF ,QWHOOL'UDZ

LQV ,QVWUXPHQWPXVLF'DWHL $GOLE

LW 6HWWLQJV'DWHL LQWDON

'DWHLHQGXQJ 0,0(7\SHV 9ROOVWlQGLJHU1DPH %HPHUNXQJHQ9HUZHQGXQJ

MSP LPDJHMSP -3(*ILOH :DYHOHWNRPSULPLHUWH%LOGGDWHL

'DWHLHQGXQJ 0,0(7\SHV 9ROOVWlQGLJHU1DPH %HPHUNXQJHQ9HUZHQGXQJ

NJW .HW .HW'RZQORDGOLVWH

'DWHLHQGXQJ 0,0(7\SHV 9ROOVWlQGLJHU1DPH %HPHUNXQJHQ9HUZHQGXQJ

OLQ /LQHW\SH'DWHL 'DWD&DG

'DWHLHQGXQJ 0,0(7\S 9ROOVWlQGLJHU1DPH %HPHUNXQJHQ9HUZHQGXQJ

PVP 0LFURVRIW,QVWDOOHU 0LWWHOV0HUJHPRGXOHVN|QQHQ

'DWHLHQGXQJ 0,0(7\S 9ROOVWlQGLJHU1DPH %HPHUNXQJHQ9HUZHQGXQJ

'DWHLHQGXQJ 0,0(7\S 9ROOVWlQGLJHU1DPH %HPHUNXQJHQ9HUZHQGXQJ

S 6DW]GDWHL $GREH3DJHPDNHU

SDU 3$5:LHGHUKHUVWHOOXQJVGDWHL 4XLFN3DU

SQP 3RUWDEOH3L[0DS %LOGGDWHL

SUM $17$5(6%.,(QHUJLHSODQHU 3URMHNW'DWHL

7UDFNHUPRGXO0XVLNIRUPDWGHV

SXE DSSOLFDWLRQ[PVSXEOLVKHU 'RNXPHQW 6DW]V\VWHP0LFURVRIW3XEOLVKHU

'DWHLHQGXQJ 0,0(7\S 9ROOVWlQGLJHU1DPH %HPHUNXQJHQ9HUZHQGXQJ

'DWHLHQGXQJ 0,0(7\S 9ROOVWlQGLJHU1DPH %HPHUNXQJHQ9HUZHQGXQJ

'DWHLHQGXQJ 0,0(7\S 9ROOVWlQGLJHU1DPH %HPHUNXQJHQ9HUZHQGXQJ

VKWP +70/'RFXPHQW +70/'RNXPHQWPLW6HUYHU6LGH

'DWHLHQGXQJ 0,0(7\SHV 9ROOVWlQGLJHU1DPH %HPHUNXQJHQ9HUZHQGXQJ

WLE 7UXH,PDJH ,PDJH)RUPDWYRQ$FURQLV7UXH,PDJH

WUF 7UDFH/RJ )DEDVRIW&RPSRQHQWV7UDFH/RJ

WYV 7KRX9LV6\PERO HUVWHOOWPLWGHP3URJUDPP7KRX9LVIU

'DWHLHQGXQJ 0,0(7\S 9ROOVWlQGLJHU1DPH %HPHUNXQJHQ9HUZHQGXQJ

'DWHLHQGXQJ 0,0(7\S 9ROOVWlQGLJHU1DPH %HPHUNXQJHQ9HUZHQGXQJ

'DWHLHQGXQJ 0,0(7\S 9ROOVWlQGLJHU1DPH %HPHUNXQJHQ9HUZHQGXQJ

'DWHLHQGXQJ 0,0(7\S 9ROOVWlQGLJHU1DPH %HPHUNXQJHQ9HUZHQGXQJ

'DWHLHQGXQJ 0,0(7\S 9ROOVWlQGLJHU1DPH %HPHUNXQJHQ9HUZHQGXQJ

]YG 9RLFH'DWHL=\[HO=)D[