<RXU$FFRXQW

+RPH

*XLWDU0XVLF

0XVLF([DPV

*XLWDUV

5HFRUGLQJV

%RRNVRQ0XVLF

$FFHVVRULHV

4XLFNVHDUFK 6HDUFKE\1DPHRU.H\ZRUG

%URZVH2XU3URGXFWV
*XLWDU0XVLF
0XVLF([DPV
*XLWDUV
5HFRUGLQJV
%RRNVRQ0XVLF
$FFHVVRULHV
6WULQJV
)HDWXUHG,WHPV
&OHDUDQFH,WHPV
%DUJDLQ%DVHPHQW

+XQGUHGVRIEDUJDLQVZLWKELJUHGXFWLRQV
DQGSULFHVIURP%URZVHRXU
VHOHFWLRQ
&OLFNKHUHWRYLHZ

*XLWDU6DOHV

&OLFNKHUHWRYLHZ

%RRNRIWKH0RQWK

/HR%URXZHU(VWXGLRV
VHQFLOORV6LPSOH6WXGLHV(WXGHV
6LPSOHV1(:&5,7,&$/(',7,21

9LHZLQJ+RPH

:HOFRPHWR*XLWDUQRWHVZKHUH&ODVVLFDO*XLWDULVRXUSDVVLRQ

6WULQJV

&OLFNKHUHWRYLHZ

9LGHR

*XLWDUQRWHVLVQRZRQ9LPHR
&OLFNKHUHWRYLHZ

&XHQFD*XLWDUV

:HVWRFNDFRPSUHKHQVLYHUDQJHRI
WKHVH$ZDUGZLQQLQJDUWLVDQ6SDQLVK
FODVVLFDOJXLWDUV6HQVLEO\SULFHGIRU
JXLWDUHQWKXVLDVWVHYHU\ZKHUH
&OLFNKHUHWRYLHZ

7HVWLPRQLDOV

$ODGGLQ
V&DYHLQWKH0LGODQGV&ROLQ
&RRSHU&ODVVLFDO*XLWDUPDJD]LQH
%X\LQJDJXLWDUIURP\RXZDVVXFKD
SOHDVXUDEOHWUDQVDFWLRQD-RKQ/HZLV
H[SHULHQFHUDWKHUWKDQ3ULPDUN6WHYH
+/RQGRQ
&OLFNKHUHWRYLHZ

7RS6HOOHUV

1HZ$UULYDOV

*LWDQR*XLWDU6XSSRUW

7KH&RPSOHWH
6WXGLHV2SKHHGH.ORH
7KH*XLWDULVW
V3URJUHVV%RRN

(UJRSOD\5HVW7DSSHUW
0RGHO
3UR$UWH(-
6LOYHU&OHDU1RUPDO7HQVLRQ
7KH*XLWDULVW
V:D\%RRN

$-$OOLDQFH&DQWLJD%OXH
+7
7KH*XLWDULVW
V3UDFWLFH
%RRN


7LPH3LHFHV
9RO%DWFKHODU:ULJKW
4XLFN/LQNV
+RPH
$ERXW8V
)$4
6KLSSLQJ
&XHQFD*XLWDUV
&RQWDFW
&ODVVLFDO*XLWDUV
*ORVVDU\RI7HUPV
*XLWDU6RFLHWLHV
7HUPV
'LVFRXQWV

)ROORZXVRQ)DFHERRN


2XU)HDWXUHG,WHPV7RGD\

YLHZDOO

&ODLUGH/XQH)HUUDUR

&RXUVH5HQDLVVDQFH/XWH

6RXYHQLUGH5XVVLHRS

%RRN3ULQWHG0XVLF

/XWH

%RRN3ULQWHG0XVLF

2QO\

2QO\

2QO\

3RSXODU6RQJVIRU(DV\&ODVVLFDO
*XLWDU

0RGHO.5&DGHWH

*XLWDU([DP3LHFHV*UDGH
1(:

%RRN3ULQWHG0XVLF

2QO\H[9$7

'(%866<&ODXGH

3+,//,360DUN

2QO\

'81&$/)-RKQ

&8(1&$*8,7$55$6

625)HUQDQGR

75,1,7<&2//(*(/21'21

*XLWDU

%RRN3ULQWHG0XVLF
2QO\

YLHZDOO

*XLWDUVRIWKH:HHN

/XLV5RPHUR/5

/XLV5RPHUR/5

*XLWDU

*XLWDU

*XLWDU

2QO\H[9$7

2QO\H[9$7

2QO\H[9$7

520(52/XLV

520(52/XLV

/XLV5RPHUR/5
520(52/XLV

YLHZDOO

9LQ\O/35HFRUGV

/3&ROOHFWLRQ

/3/XWH&ROOHFWLRQ

/3

/3

/3

2QO\

2QO\

2QO\

),6.(OLRW

%(1.2'DQLHO

%UXQVZLFN&ROOHFWLRQ
6(*29,$$QGUHV

YLHZDOO

$&KULVWPDV6HOHFWLRQ

$*XLWDUIRU&KULVWPDV

2OG&KULVWPDV&DUROV>JWU@

6L[1RHOVGH3URYHQFH>JWU@

%RRN3ULQWHG0XVLF

%RRN3ULQWHG0XVLF

%RRN3ULQWHG0XVLF

2QO\

2QO\

2QO\

%2<'/LRQD

%58&.1(5.DUO

&$67(7)UDQFRLV

YLHZDOO

(;$06$VVRFLDWHG%RDUG7ULQLW\&ROOHJH

5HSHUWRLUH3URJUHVVLI9RO

&ROOHFWHG:RUNVIRU6ROR*XLWDU
9,//$/2%26+HLWRU

321&(0DQXHO0DULD

%RRN3ULQWHG0XVLF

%RRN3ULQWHG0XVLF

%RRN3ULQWHG0XVLF

2QO\

2QO\

2QO\

6WULQJ)LQJHUV

$XUDO7HVWV%RRN,QLWLDO
*UDGH

:RUNVIRU*XLWDU
9RO*DQJL&DUIDJQD

%RRN3ULQWHG0XVLF

%RRN3ULQWHG0XVLF

2QO\

2QO\

/HV3URGXFWLRQV'
2]

75203%DUHQG

75,1,7<&2//(*(/21'21

%RRN3ULQWHG0XVLF
2QO\

9DOVH

7$55(*$)UDQFLVFR

YLHZDOO

%DUJDLQ%DVHPHQW

)DQWDVLDV5RPDQWLFDV9RO
7255(17-DXPH

267(1'25)-HQV3HWHU

6HQ]D1RPH

6RQDWLQHFKDPSLJQRQQH

%RRN3ULQWHG0XVLF

%RRN3ULQWHG0XVLF

%RRN3ULQWHG0XVLF

2QO\

2QO\

2QO\

:RUOG0XVLF3ULPHU

9DULDFLRQHV/LULFDV
=($/XLV

+8%6&+0$11:HUQHU

%RRN3ULQWHG0XVLF

%RRN3ULQWHG0XVLF

%RRN3ULQWHG0XVLF

2QO\

2QO\

2QO\

%2*'$129,&'XVDQ

6SDQLVK*XLWDU&HQWUHDOOULJKWVUHVHUYHG

/LNH



0$5,('RPLQLTXH

(WXGHQ+HQ]H

:HEVLWHPDQDJHGE\%URZQ %URZQ