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+PUVCNNCVKQP1XGTXKGY
5VGR%JGEMHQTWRFCVGU
5VGR2TGRCTG[QWT/CEHQT9KPFQYU
5VGR+PUVCNN9KPFQYU
5VGR+PUVCNNVJG9KPFQYUUWRRQTVUQHVYCTG
5VGR%JGEMHQT7RFCVGU
5VGR2TGRCTG;QWT/CEHQT9KPFQYU
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5VGR+PUVCNN9KPFQYU
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5VGR+PUVCNNVJG9KPFQYU5WRRQTV5QHVYCTG
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5VCTVKPI7R7UKPI/CE15:QT9KPFQYU
5GVVKPIVJG&GHCWNV1RGTCVKPI5[UVGO
5GNGEVKPICP1RGTCVKPI5[UVGO&WTKPI5VCTVWR
4GOQXKPI9KPFQYUHTQO;QWT%QORWVGT
.GCTPKPI/QTG5WRRQTVCPF(GGFDCEM

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$QQV%COR

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$QQV%CORUQ[QWECPWUG/KETQUQHV9KPFQYUQPC
/CEEQORWVGT
+PVTQFWEVKQP
$QQV%CORNGVU[QWKPUVCNN9KPFQYUQPC/CEEQORWVGTKPKVUQYPRCTVKVKQPUQ[QW
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6JG$QQV%COR#UUKUVCPVCRRNKECVKQPCPFVJKUIWKFGYCNM[QWVJTQWIJVJGUVGRU
PGGFGFVQETGCVGC9KPFQYURCTVKVKQPQP[QWT/CECPFVJGPTGUVCTV[QWT/CEWUKPI
[QWT9KPFQYUKPUVCNNCVKQPFKUE6JGPHQNNQYVJKUIWKFGVQKPUVCNN9KPFQYUCPFKPUVCNN
UQHVYCTGFTKXGTUVJCVNGV9KPFQYUYQTMYKVJ[QWT/CEJCTFYCTG
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HTQO/KETQUQHV$QQV%COR#UUKUVCPVJGNRU[QWDWTPVJGKOCIGVQVJGCUJFTKXG
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RCTVKVKQP[QWFQPVPGGFVQWUG$QQV%COR#UUKUVCPV+PUVGCFENKEMVJG(KPFGTKEQP
KPVJG&QEMEJQQUG*GNR *GNR%GPVGTCPFUGCTEJHQTWRITCFG$QQV%CORQT
WRITCFG9KPFQYU
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WUKPI$QQV%COR#UUKUVCPVXGTUKQPQTGCTNKGTQRGP$QQV%COR#UUKUVCPVCPFENKEM
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 #RTKPVGFEQR[QHVJKUFQEWOGPVYJKEJEQPVCKPUKPHQTOCVKQP[QWPGGFVQTGHGTVQ

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 6JGMG[DQCTFCPFOQWUGQTVTCEMRCFVJCVECOGYKVJ[QWTEQORWVGT
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CXCKNCDNGWUGC75$MG[DQCTFCPFOQWUG

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 #DWKNVKPQRVKECNFKUEFTKXGQTCEQORCVKDNGGZVGTPCNQRVKECNFTKXG

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FQEWOGPVCVKQPVJCVECOGYKVJ[QWTEQORWVGT
 #PKPUVCNNCVKQPFKUEYKVJ9KPFQYU*QOG2TGOKWO2TQHGUUKQPCNQT7NVKOCVG

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WRITCFGXGTUKQPQH9KPFQYU
 #DNCPM%&QT&8&QTCPGZVGTPCNFTKXGHQTOCVVGFCU/5&15
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(#6WUG&KUM7VKNKV[
KPVJG7VKNKVKGUHQNFGT
;QWOC[DGCDNGVQKPUVCNN9KPFQYUYKVJC75$CUJFTKXGVJCVEQPVCKPUC9KPFQYU+51
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#UUKUVCPVENKEM%QPVKPWGCPFUGGKHVJGQRVKQP%TGCVGC9KPFQYUKPUVCNNFKUMKUCXCKNCDNG
6QKPUVCNN9KPFQYUYKVJC75$CUJFTKXG[QWPGGFVJGHQNNQYKPI
 #P+51KOCIGQH9KPFQYU*QOG2TGOKWO2TQHGUUKQPCNQT7NVKOCVGFQYPNQCFGF

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 #75$CUJFTKXGYKVJ)$QTOQTG

$QQV%COR#UUKUVCPVGTCUGUVJGCUJFTKXGCPFEQRKGUVQKVVJG9KPFQYU+51
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6QUGGJQYOWEJHTGGURCEG[QWPGGFQP[QWTFKUMHQT9KPFQYUTGHGTVQVJG
FQEWOGPVCVKQPVJCVECOGYKVJ9KPFQYU

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5VGR%JGEMHQTWRFCVGU
5VGR2TGRCTG[QWT/CEHQT9KPFQYU
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ETGCVKPICRCTVKVKQPHQT9KPFQYUCPFVJGPUVCTVKPIVJG9KPFQYUKPUVCNNGT1RVKQPCNN[
[QWECPFQYPNQCFVJG9KPFQYUUWRRQTVUQHVYCTGCPFEQR[C9KPFQYU+51KOCIGVQ
C75$CUJFTKXG
5VGR+PUVCNN9KPFQYU
5VGR+PUVCNNVJG9KPFQYUUWRRQTVUQHVYCTG
+ORQTVCPV$GHQTG[QWDGIKPOCMGUWTG[QWJCXGCDCEMWRQHVJGKORQTVCPV
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 .QIKPVQCPCFOKPKUVTCVQTCEEQWPVQP[QWTEQORWVGTSWKVCNNQRGPCRRNKECVKQPUCPF
NQIQWVCP[QVJGTWUGTUQP[QWTEQORWVGT

 %JQQUG#RRNG
 5QHVYCTG7RFCVG
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#RRNG
 5QHVYCTG7RFCVGCICKPVQKPUVCNNCP[CFFKVKQPCNWRFCVGU

 )QVQYYYCRRNGEQOUWRRQTVDQQVECORCPFEJGEMYJGVJGT[QWPGGFCFFKVKQPCN
WRFCVGU

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$QQV%COR#UUKUVCPVJGNRURTGRCTG[QWT/CEHQT9KPFQYUD[ETGCVKPICPGYRCTVKVKQP
HQT9KPFQYUCPFVJGPUVCTVKPIVJG9KPFQYUKPUVCNNGT1RVKQPCNN[[QWECPFQYPNQCF
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EQPVKPWKPI



6QRTGRCTG[QWT/CEHQT9KPFQYU
 1RGP$QQV%COR#UUKUVCPVKPVJG7VKNKVKGUHQNFGT
 5GNGEVVJGQRVKQPVQCFFC9KPFQYURCTVKVKQPUGNGEVQVJGTQRVKQPU[QWPGGFCPFVJGP
ENKEM%QPVKPWG
*GTGCTGVJGQVJGTQRVKQPU[QWECPEJQQUG
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CXCKNCDNG[QWTEQORWVGTFQGUPVUWRRQTVKPUVCNNKPI9KPFQYUHTQOC75$CUJFTKXG
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UGNGEVVJGQRVKQPVQFQYPNQCFKV+PCNCVGTUVGR[QWNNKPUVCNNVJG9KPFQYUUWRRQTV
UQHVYCTGQP[QWT9KPFQYURCTVKVKQP


 (QNNQYVJGQPUETGGPKPUVTWEVKQPUHQTVJGQRVKQPU[QWUGNGEVGF

 9JGP[QWTGCUMGFVQETGCVGCRCTVKVKQPHQT9KPFQYUEJQQUGVJGRCTVKVKQPUUK\G
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9KPFQYUKPUVCNNGTFQEWOGPVCVKQP
+PCNCVGTUVGR[QWNNHQTOCVVJG9KPFQYURCTVKVKQP

 +PUGTV[QWT9KPFQYUKPUVCNNCVKQPFKUEKPVQ[QWTEQORWVGTUQRVKECNFTKXGQTKPUGTVVJG
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 %NKEM+PUVCNN
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9KPFQYUKPUVCNNGT

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 ;QWT/CEUFKUMOWUVDGCUKPINGRCTVKVKQPHQTOCVVGFCU/CE15'ZVGPFGF
,QWTPCNGF

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 ;QWT/CEUFKUMOWUVDGCPKPVGTPCNFKUM;QWECPPQVWUG$QQV%COR#UUKUVCPVVQ

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 +H[QWJCXGC/CE2TQYKVJOQTGVJCPQPGKPVGTPCNFKUMCPF[QWYCPVVQKPUVCNN

$QQV%CORQPCFKUMVJCVKUPVKPVJGTUVJCTFFTKXGDC[TGOQXGVJGFTKXGUKPVJG
NQYGTPWODGTGFDC[U;QWECPTGKPUVCNNVJGFTKXGUCHVGT[QWKPUVCNN$QQV%COR
 +HCFKCNQICRRGCTUUC[KPI6JGFKUMECPPQVDGRCTVKVKQPGFDGECWUGXGTKECVKQP

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CICKP+HVJCVFQGUPVYQTMDCEMWRCNNVJGKPHQTOCVKQPQP[QWTEQORWVGTCPF
TGKPUVCNN/CE15:(QTOQTGKPHQTOCVKQPENKEMVJG(KPFGTKEQPKPVJG&QEMEJQQUG
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5VGR+PUVCNN9KPFQYU
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EQORWVGT4GHGTVQ[QWT9KPFQYUFQEWOGPVCVKQPHQTIGPGTCNKPHQTOCVKQPCDQWV
KPUVCNNKPICPFUGVVKPIWR9KPFQYU


6QKPUVCNN9KPFQYUQP[QWT/CEEQORWVGT
 +PVJG9KPFQYUKPUVCNNGTHQNNQYVJGQPUETGGPKPUVTWEVKQPUWPVKN[QWTGCUMGFYJGTGVQ
KPUVCNN9KPFQYU

 9JGP[QWTGCUMGFYJGTGVQKPUVCNN9KPFQYUUGNGEVVJGRCTVKVKQPPCOGF$116%#/2
016+%'&QPQVETGCVGQTFGNGVGCRCTVKVKQPQTUGNGEVCP[QVJGTRCTVKVKQP&QKPIUQ
OC[FGNGVGVJGGPVKTGEQPVGPVUQH[QWT/CE15:RCTVKVKQP

 %NKEM&TKXGQRVKQPU
CFXCPEGF

 %NKEM(QTOCVCPFVJGPENKEM1-

 %NKEM0GZV
6JGKPUVCNNGTHQTOCVUVJG9KPFQYURCTVKVKQPWUKPIVJG06(5NGU[UVGO

 (QNNQYVJGQPUETGGPKPUVTWEVKQPUVQPKUJKPUVCNNKPICPFEQPIWTKPI9KPFQYU
#HVGT[QWKPUVCNNVJG9KPFQYUUQHVYCTG[QWTEQORWVGTCWVQOCVKECNN[TGUVCTVUWUKPI
9KPFQYU7UGVJG9KPFQYUUGVWRUETGGPUVQEQPIWTG9KPFQYU

+H;QW*CXG2TQDNGOU+PUVCNNKPI9KPFQYU
+H[QWJCXGRTQDNGOUKPUVCNNKPI9KPFQYUVT[VJGHQNNQYKPIUQNWVKQPU
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/CMGUWTG[QWTGNQIIGFKPVQ/CE15:CUCPCFOKPKUVTCVQT
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8GTKH[VJCV[QWTGWUKPICPQTKIKPCNHWNNXGTUKQPQH9KPFQYU*QOG2TGOKWO
2TQHGUUKQPCNQT7NVKOCVG
4GUVCTV[QWTEQORWVGTCPFJQNFFQYPVJG1RVKQPMG[WPVKNQPGQTOQTGFKUMKEQPU
CRRGCTQP[QWTUETGGP+PUGTVVJG9KPFQYUKPUVCNNCVKQPFKUEKPVQVJGQRVKECNFTKXGQT
KPUGTVVJG75$CUJFTKXGYKVJ9KPFQYUKPVQC75$RQTVQP[QWTEQORWVGT5GNGEV
VJG9KPFQYUKPUVCNNCVKQPFKUMKEQPCPFVJGPENKEMVJGCTTQYDGPGCVJKV3WKEMN[RTGUU
CP[MG[QP[QWTMG[DQCTFVQUVCTVVJGKPUVCNNGT(QNNQYVJGQPUETGGPKPUVTWEVKQPUVQ
TGRCKTQTTGKPUVCNN9KPFQYU
+HVJG9KPFQYUKPUVCNNGTKUPVTGURQPFKPI
$GUWTG[QWCTGWUKPIVJGQTKIKPCNMG[DQCTFCPFOQWUGVJCVECOGYKVJ[QWTEQORWVGT
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OQWUGKUEQPPGEVGFFKTGEVN[VQ[QWTEQORWVGT%QPPGEVVJGOQWUGVQVJG75$RQTV
QP[QWTMG[DQCTF
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'LGEVVJGFKUED[JQNFKPIFQYPVJG'LGEVMG[QP[QWTMG[DQCTFVJGDWVVQPQP[QWT
OQWUGQTVJGDWVVQPQP[QWTVTCEMRCFYJKNGTGUVCTVKPIVJGEQORWVGT

5VGR+PUVCNNVJG9KPFQYU5WRRQTV5QHVYCTG
#HVGTKPUVCNNKPI9KPFQYUKPUVCNN/CEURGEKEFTKXGTUCPFQVJGTUWRRQTVUQHVYCTGHQT
9KPFQYU6JGUWRRQTVUQHVYCTGKPUVCNNU$QQV%CORFTKXGTUVQUWRRQTV[QWT/CEU
JCTFYCTGKPENWFKPI#KT2QTVKVUDWKNVKPECOGTCVJG#RRNG4GOQVGVJGVTCEMRCFQPC
RQTVCDNG/CECPFVJGHWPEVKQPMG[UQPCP#RRNGMG[DQCTF6JGUQHVYCTGCNUQKPUVCNNU
VJG$QQV%COREQPVTQNRCPGNHQT9KPFQYUCPFVJG#RRNG$QQV%CORU[UVGOVTC[KVGO


6QKPUVCNNVJG9KPFQYUUWRRQTVUQHVYCTG
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FQYPNQCFGFQRGP$QQV%COR#UUKUVCPVCPFFQYPNQCFVJGUQHVYCTGCICKP
;QWECPSWKVVJGCUUKUVCPVCHVGT[QWUCXGVJGUQHVYCTGYKVJQWVETGCVKPICPGYRCTVKVKQP

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6JGKPUVCNNGTOC[UVCTVCWVQOCVKECNN[+HKVFQGUPVFQQPGQHVJGHQNNQYKPI
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FQWDNGENKEMVJGUGVWRGZGNGKPVJG9KPFQYU5WRRQTVFKTGEVQT[
 1VJGTYKUGFQWDNGENKEMVJGUGVWRGZGNGKPVJG$QQV%CORFKTGEVQT[

 (QNNQYVJGQPUETGGPKPUVTWEVKQPU
+ORQTVCPV&QPQVENKEMVJG%CPEGNDWVVQPKPCP[QHVJGKPUVCNNGTFKCNQIU
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.QIQVGUVKPIENKEM%QPVKPWG#P[YC[
;QWFQPVPGGFVQTGURQPFVQKPUVCNNGTFKCNQIUVJCVCRRGCTQPN[DTKG[FWTKPIVJG
KPUVCNNCVKQP
+HPQVJKPICRRGCTUVQDGJCRRGPKPIVJGTGOC[DGCJKFFGPYKPFQYVJCV[QWOWUV
TGURQPFVQ%JGEMVJGVCUMDCTCPFNQQMDGJKPFQRGPYKPFQYU

 #HVGT[QWTEQORWVGTTGUVCTVUHQNNQYVJGKPUVTWEVKQPUHQTCP[QVJGTKPUVCNNGTUVJCVCRRGCT

 %JGEMHQTWRFCVGF9KPFQYUUWRRQTVUQHVYCTGD[WUKPI#RRNG5QHVYCTG7RFCVGQT
IQKPIVQYYYCRRNGEQOUWRRQTVDQQVECOR

+HVJG9KPFQYU5WRRQTV5QHVYCTG9CUPV5WEEGUUHWNN[+PUVCNNGF
+HKVCRRGCTU[QWT/CEUJCTFYCTGKUPVYQTMKPICUGZRGEVGFDGECWUGVJG9KPFQYU
UWRRQTVUQHVYCTGYCUPVUWEEGUUHWNN[KPUVCNNGFVT[TGRCKTKPIKV


6QTGRCKTVJG9KPFQYUUWRRQTVUQHVYCTG
 5VCTVWR[QWTEQORWVGTKP9KPFQYU5GG5VCTVKPI7R7UKPI/CE15:QT9KPFQYUQP
RCIG

 +PUGTVVJG%&QT&8&QTEQPPGEVVJGGZVGTPCNFKUMYKVJVJG9KPFQYUUWRRQTVUQHVYCTG
6JGKPUVCNNGTOC[UVCTVCWVQOCVKECNN[+HKVFQGUPVFQQPGQHVJGHQNNQYKPI
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FQWDNGENKEMVJGUGVWRGZGNGKPVJG9KPFQYU5WRRQTVFKTGEVQT[
 1VJGTYKUGFQWDNGENKEMVJGUGVWRGZGNGKPVJG$QQV%CORFKTGEVQT[

 %NKEM4GRCKTCPFHQNNQYVJGQPUETGGPKPUVTWEVKQPU
+HCOGUUCIGCRRGCTUVJCVUC[UVJGUQHVYCTG[QWTGKPUVCNNKPIJCUPQVRCUUGF9KPFQYU
.QIQVGUVKPIENKEM%QPVKPWG#P[YC[

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+H[QWPGGFVQTGKPUVCNNURGEKEFTKXGTU[QWECPKPUVCNNQPGFTKXGTCVCVKOG(QTGZCORNG
KH[QWT/CEUDWKNVKPECOGTCKUPVYQTMKPI[QWECPTGKPUVCNNLWUVVJGECOGTCUFTKXGT
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9KPFQYUUWRRQTVUQHVYCTG


 +PUGTVVJG%&QT&8&QTEQPPGEVVJGGZVGTPCNFKUMYKVJVJG9KPFQYUUWRRQTVUQHVYCTG

 3WKV#WVQ4WPKHKVQRGPU

 7UKPI9KPFQYU'ZRNQTGTNQECVGVJGFTKXGTVJCV[QWYCPVVQTGKPUVCNN

 1RGPVJGFTKXGTVQUVCTVVJGKPUVCNNCVKQP

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(QTOQTGVTQWDNGUJQQVKPIKPHQTOCVKQPIQVQYYYCRRNGEQOUWRRQTVDQQVECOR
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;QWOC[JCXGHQTOCVVGF[QWT$QQV%CORRCTVKVKQPKPEQTTGEVN[UQKVECPPQVUVCTVWR
[QWTEQORWVGT5VCTVWR[QWTEQORWVGTYKVJ/CE15:CPFQRGP$QQV%COR#UUKUVCPV
4GOQXGVJG$QQV%CORRCTVKVKQPCPFVJGPTGETGCVGKV+PUVCNN9KPFQYUCICKPDGKPI
UWTGVQHQTOCVVJGRCTVKVKQP
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5QOGITCRJKEUECTFUOC[PQVYQTMYKVJDQVJ/CE15:CPF9KPFQYUQPC/CE
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CPFWRFCVGFUQHVYCTGHQT[QWTEQORWVGT
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5VCTVKPI7R7UKPI/CE15:QT9KPFQYU
#HVGT[QWXGKPUVCNNGF9KPFQYUCPFVJGUWRRQTVUQHVYCTG$QQV%COROCMGUKVGCU[VQ
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5GVVKPIVJG&GHCWNV1RGTCVKPI5[UVGO
6QUGVVJGFGHCWNVQRGTCVKPIU[UVGOKP/CE15:WUGVJG5VCTVWR&KUMRCPGQH5[UVGO
2TGHGTGPEGUKP/CE15:6QUGVKVKP9KPFQYUWUGVJG$QQV%COREQPVTQNRCPGN


6QUGVVJGFGHCWNVQRGTCVKPIU[UVGOKP/CE15:
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 5GNGEVVJGUVCTVWRFKUMYKVJVJGQRGTCVKPIU[UVGO[QWYCPVVQWUGD[FGHCWNV

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6QUGVVJGFGHCWNVQRGTCVKPIU[UVGOKP9KPFQYU
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 5GNGEVVJGUVCTVWRFKUMYKVJVJGQRGTCVKPIU[UVGO[QWYCPVVQWUGD[FGHCWNV

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5GNGEVKPICP1RGTCVKPI5[UVGO&WTKPI5VCTVWR
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CTTQYDGPGCVJVJGKEQP



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CUC/CE15:XQNWOG


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CPFVJGPUGNGEV4GUVQTGVQCUKPING/CE15RCTVKVKQPCPFENKEM%QPVKPWG

.GCTPKPI/QTG5WRRQTVCPF(GGFDCEM
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#RRNG+PE#NNTKIJVUTGUGTXGF
#RRNGVJG#RRNGNQIQ#KT2QTV$QQV%CORK/CE/CE/CE$QQMCPF/CE15CTGVTCFGOCTMUQH
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