Fortean Times - February 2016 PDF

7+
:25/(

:(,5 '´6
'(
1(:6 67

&UD]\ /RYH

6WRUWIRUG
6SRRNV

-1,'" 7-

,* ,= 31 A*! <! 0!<D<H A<,/ 03<! F!,< =!GD/ %!A,=*!=

! /H =5, !< =D<5<,=!= !/!A<30)1!A, *H5!<=!1=,A,E,AH
<31 )! 031=A!< 0=* )*3=A= 3% ,=*35;= A3<A%3< 3=30
=!<5!1A= /==,/ =F!<,1!== $ 1 0D* 03<!6
I' CB

4( C'
1# 6(,% ( -1,'" *#'(&' 4? C?
4> C>
4" C"
14,-

23

D,//!<03 !/ 3<3 !=<,! *,= <!!1A &/0

= 8/==, 3A*, 301!9 )!1<! A*A *= !!1
31=,)1! A3 3/,E,31 %3< 1!</H %3D< ! !=6 DA F*A ,=

3A*, 301! F*A 0.!= ,A ,%%!<!1A %<30 *3<<3< 1

F*H , ,A %// ,1A3 3=D<,AH7
31=
*!< !=A 1,)*A,! 1 )3!= ,1 =!<* 3% 1=F!<=#
23
# (1#$ (&' ,(& '' %$ 1( 4$%%,&( % (,(
!8
=!A= 3%% ,1A3 A*! )<!A !/A, !=!<A ,1
=!<* 3% 1,!1A <,/ =D<E,E/= 0H=A!<,3D= 0!)/,A*=
%,<H %3/./3<! 1 31! 3% A*! 3 !=A HFH= 3% !E3/DA,31<H
=,!1!6
!

A<E!/= A3 A*! 1 31!=,1 ,=/1 3%
D/F!=, A3 0!!A A*! 0D00,!= 3% 1 3<- 1 -3,1
<,AD/ !/!<A,1) A*! !1 D<,1) 31 = A*A /,1. A*! /,E,1) 1
A*! ! 6
,*(,1-
3!
;= :!<,3D=/H !F,A*! ; 31%!<!1!

28

3 ?46 *! 5<!+F< 031=A!< 51,= 3% 42B"
3
! / 3 "6 0!<,1 =H*3= 4 1 ,0!= ! <AH
'('-$+- $-%' ( 1# %$5$'" '$(,' %(, ' %$1,14,
/
3 "6 1! *3<1 31 F*,* A3 5!<* A*!0
! !
./

3 ((6 H1*!!< 1 /!= A*! ,1) 3% 03.!<=
,"4%,-
IC >'
/ 3 ?4 >2
%'1 1*$,- ' -14''$'" -1,%$'"- # -1,'" 6(,% ( &,$' *(%$1$-
>4 "I

$$ )
%%%##
*.2) %(/
! &8-3&)

0 34;88-+"-38!+8&*!42-*1

0-3&(3 *&)2-*1
04&!=!(&+$"-38!+8&*!42-*1

0!8&!++!"-38!+8&*!42-*1

0=)"-38!+8&*!42-*1

>>>24;4&+"-2-2;(

-38!+&*!44!3=&!%!)/)&+!2-2;(
.? 7>5"I$" '5> $33.? I1.?,.3+

>--D 3.,*/' / C2>*1/ "18
/
N .1" 1$3F? F": 5?F1 "">$?? 5>F$3 .2$? /D 1" ?9 1" 8>*/ ' B*-- 8..8 B(/ 451?8 >9> */ .?9* *9 9?828*9*/'
A6BPH 53"53 6A P: >( 9(-A9 1" .*>( / >( 11, 8,9 > ..9>*/ >( ?8 / 1. *>951? 9(12
5I 3 23+$ N5I> $M.?F.3+ ?I?>.7F.53 F,>5I+, *8218>9 / (1>-9 B8 #-- B*>( 228,9 > 91 / 9>?"" D1?89-" B*>( /
,FF7CCLLL:?I?.3'5:5:I0C & F,.? ?,5I1" $ N5I> (>?F 75>F
5' 11 .' N5I ,K$ 3N <I$>.$? 5IF N5I> ?I?>.7F.53:
B(19 1A89 9(1B /*'(>'1B/)- B1./
88D79 * 8. / B9( *> 1B/ B*>( "B
,3+$ N5I> "">$?? >$3$L N5I> ?I?>.7F.53
8?//*/' BD "81. -1?8*/' ./9*1/9 18 2*/>9 1" 8/ */' "18 9>''8*/'
5> >$75>F 7>51$2? (1-*/' -1"> /-89 9 >(D 9/ (1. >1 >( ?2 B*>( 11'-1C 1/
?I?>.7F.53? P%** %** PP*4 '-11.D 1?>9*E 9>*8995(D7A 9*/ / 2-D8 18 9>*, 1/ 1"

18
3" ?I?>.7F.53? 8;69 %PP-*H%-GPPG 8F511 '>$$9 *92- D BA9 1" 1/,)?9>89 1/')

5
M 8;69 A)A-*H%-BH)G $2.1 ?.2?3$L?:52
F,$> 5K$>?$? ?I?>.7F.53? ;** 8P96A4) )4H 4P4 ?9>89 (*,)-*> / )D 28/18.- '> >( "-*/' >(> *''*/' */>1 >(
M ;** 8P96A4) *6* ))) 81./9 ?> 1>(* 1./ B9 (?'-D > *> .18 ! D1? / 8'*9>8 "18 >(

212?-8 '/8 "18 ./D 6281"99*1/- A89*1/7 ! .*'(>

D895 >79 -91 9 1?8 1A8 281A* .18 ?9"?- /
& 9>18D .1/9>8>9 1/ /?/ 89?->9 A/ B*>(
N3".F.53 $3.5> 3+$>

- ;**- 8P9 HP A4PA B6GH B*>( "9*/>*/' 811>9 */ 9?( 9.-- 9.2- 9*E:
3/J5?/-1."$33.?:5:I0 8-*8 ".- B8*>*/' 1/ >( 9*9 1" >(*9 281#-
.$3?.3+ 3+$>
;**- 8P9 HP A4PA B))P ! "81. // -*"" >1 >(1?'( D1? -- 91?/ *>
>15FFJ$>3F53."$33.?:5:I0 >( 81/>9 >1 1?*9 B*8 >1 (1/9>
.$3?.3+ N3".F.53 ??.?F3F
;**- 8P9 HP A4PA B6G* D -1>> ! / */ >( (>>29<<D1?'1A515?,<12*<
.51$J"2?"$33.?:5:I0 9>8?>?89 1" .D>(1-1'D >1 281#-9-*>0<18>/@*.9<
11>5 .1'82(*95
666,"*.2)2%(/,*(
/9?828*9*/'-D >(*9
-*>88D 9?'/8 (9
! 57N>.+,F $33.? I1.?,.3+ .2.F$" -8'-D / *928' 281.*//> /

B8*>>/ 1"" ! -*, 1>(8 .8899*/' (1B-8
/1/)8-*9>* "18.9 ! 9 *92-D 1--D 1/ >(
".*/*/*9 / >(?9 1A8 1" 1?8
/?8D *>*1/5
@:@ 5,@5 6@#:
9@ )!=!)+ 83!!8 *&4&!<%3=!? !++&42-2;( />( 98*1?9 8*>*- /D1/ B(1 (*-9 "81.
-+ -+ . #

/1>*5 */. (9 >""189(*8 ! 18 B(1 (
!) @:@ 5,@5 6@@@ 281? *>9 1B/ 812 1" 1>(* 1./9 8 1 /D79 C--/> 8>*- ! B1?-
@:@ 5,@5 6699 ! .19> /1>-D *>(1,79 98)B*//*/' ,/1B >(> >( 1>79 81.-D 18/ /
48!=!<+&-)-;
!++&42-2;(
2>>*1/ 1" 2(/ ? ?8*879
>,9 2- ( D8 */ 9> >""189(*8 /
@:@ 5,@5 6@@@ 9>88*/' >( -?.*/1?9
1/ 1/>*/ 9 8>*/-D /1> */ (8129(*8 9 1?8 1A8 (

281-D >( .19> 9D.2>(>*--D 198A *>5 8>*/
/,*/9 B81> */ >1 21*/> >(*9 1?> 9

'*!42*+$+ @:@ 5,@5 65@. (81*/ >( .*91'D/*9> .9>81 A8 2?> 1/ * '8> ./D 1" 1?8 "1--1B89 1/ B*>>8
4!?*-;32-2;( 3 )!?<!=!3 98/5 18 8/>-D ?*--8.1 - 181 / 11,5 1""8 '81A--*/' 2?-*
!++&42-2;(
-1?8 -1/' / (8 >1 8*/' (*9 1B/ -1A 21-1'D >1 -- 18/ /89 / >( '11 "1-,

->>8 >1 1>(* 1./
>1 1" 9> >""189(*8 1/ 91*- .* / 1 91

$!3) &+!2$3-)!3 @:@ 5,@5 6:#5 "8?*>*1/ / ( ,*/-D "1?/ >( >*. >1 >-, '*/ (85 *- >(*9 1/ ?/8 6>11 1A*1?9 "18
4!?*-;32-2;( &*-$!+<>&))&*4 >1 ?9 1?> (*9 -1/' */A1-A./> B*>( >( ?9 >1 /1>*75
!++&42-2;(
'/8 / >( *"#?->*9 1" 8A*A*/' *>5 1>(*
1./ 8>*/-D (9 "9*/>*/' (*9>18D ?8>(8 '1'82(*- 1/"?9*1/
1/ B18>(D 1" */A9>*'>*1/ / 228*>*1/: >(*9 >*. */ / 1?/> 1" >( %9()"8E*/'
%/2.%42 %) .') ) 6*.'6% B(>(8 *> (9 "?>?8 *9 /1>(8 .>>85 1" (?/89 1" (88*/' */ 18B'*/ D
N $N25I> .?F>.IF.53 F":
H ?F 5I1F>N K$3I$ 53"53 6 4 >(> -"> 88 A* 1->9E 1/"?95(
$1 PHP A*H4 *PPP C M PHP A*H4 *PP6
- >C> 8"89 >1 >( *9-/ 1" 1A?/ >( 2*>?8
I$>.$? 53 5K$>?$? K.1.1.FN ?,5I1" $ $2.1$" F5 /-*/ .8,> 898(<21--*/' 1.2/D 2>*1/ >118-?/5 (*- >(8 *9 18B'*/
.3'5?$N25I>:5:I0
+%'%27 /2*. %/2.%42%*) N 5>1"L."$ +O.3$ 1?1A *9 .,*/' >( 89?->9 1" *>9 -8')9- 1*-#- --1-?/ 1?> */ >( 18>(
.?F>.IF.53 F" $1 P6H6 A%% G66H M P6H6 A%% 6HAH 1/9?.8 9?8AD9 A*-- 1/-*/51? / >(8 *9 /1 9?( 2- */ 18BD *>9-" / >(
98( "18 8/9 /9 '81?29 281?>9 188> -1>*1/ 1" >( #9()"8E B9 1A?/5
6H .??I$? EG4:4%@ E*A:)P
21-*>*- "#-*>*1/9 / 1" 1?89 .'E*/95
*.2) %(/ , <76"772- #0 +8%#0! 9/; )8/ :$0 ; ''#0
8%#0!#' 5 6< %9%' 5/5 )')' * '#5 #' )&. 8( "18 618>/ *.97 / >( B9*>
! ''8% 080/#+5#)' +/# #0 (.((. '/8>9 61?1A81#-7 9 1/ >( ;F)1
#//# !5 ' &#%#' #' 5! #0 ; '5 '& #/ 80#'00
3 )/%'5 !#++#' '. *("6 *115! 5/5 &# 889 */ >( >95
: )/$ **6. 1 B ,/1B B(> 918> 1" 212- D1? 8 *>
/#)#% +)05 +# 5 &#
**6* .

' /00 !' 0 5) )/5' #&0
B1?- 9. > -1A*/' .*-)-99 ".-
666< # 9'8 8#5 << #/ #'# ! 76*"7(6 . -">*9 ' 1A8 &F "81. 1>-/ -9 /

E))@ #%4:44 8#6B6:4% '5> H* .??I$?9 9> /'-* D1?8 (9 9>?, */ 11,9 1?>
>( 8>9 9*/ / ?->?8 3B(/ D1?78 /1>
'1*/' >1 C(**>*1/9 18 ?D*/' / %1''*/'

=

9>?"" 1/ D4 / 289?.-D 9?9>*/*/'
>( 1 */+?8D "81. -- >(> 8?'D D1?78 91
$7 "*.2)-
5.72$%)# 7*4 '67/ 6)2 2*
$2$> 5' F,$ I".F I>$I 5' .>I1F.53?:
"1/ 1"51?78 >(1?'(>"?- -A8 / ',D &)*6 *42
42
.>I1F.53 6A PH* 8
3-$ HP669 ->(1?'( 1/ 19*1/ *> /?81>* -*/> 6. 2** +.)*% 2* /&!
>.3F$" .3 F,$ : PGP% )%44 / *"#/>51? 8 >(

92/ $F
! 5>F$3 .2$?
HP6B (1?89 B, 1/-*/ / 1/7> B>( -1> 1" 0
3 GGA
LLL:'5>F$3F.2$?:52

"
?*5 13H>) ? H? E3 K5 E8
1 ,E,31 E* > ,? ? I 1+5)
E ?E ?H>I L ,??H L E* )/,?
1?E,EHE J*,* ?EE ? E*E E*
?,? 0 > ,? / E3 5>3I,
% "%& % % ##" " "
' ( 5>3E E,I ?*, / ),1?E E*
,1'H 1 3$ 0,??,31? $>30
03,/ 5*31 ?8<
30 E,0 /?E ?H00 > ; >)31 < 3$ 3H>? J? E*
?H?5,,3H? 5.) J? $3H1 10 ),I 1 L 0I >,. /, 1,?E
L 0,1E 11 J3>. > ,1?, ,/* /0 ,* 64!2@+42&@7
H,/,1) E 1 H1, 1E,% E3 E* >, 1 >)L 6/,$ 1 >)L

>H?/ 0 0 E >L E*E ? >I ? , 3> *,B9, E87 E*
? 1 ,053>E1E >*3/3),/ ?HE/ H1,I >?/ 1 >)L 3$ /,$
?,E L, /,1) > 0,1? $>30 E*E K,?E? I >LJ* > 1 ,1
E* 301 LM1E,1 1 // E*,1)?8 ,* *,0? /$ ?, ,E
>H? > 5 >,3?8 1 3>1 J? E* 9H,I/ 1E 3$ 38 *
J,E* ? H>,EL 5>3E33/ E* 3>,),1/ 3>)31 H0H/E3>?
0,1E 11 J3>. > / >E J > />) 3K ? ,1 J*,* E*

E* 53/, J*3 >>, 3HE 5E, 1E 3> ?H- E J3H/ ?,E8

31E>3// K5/3?,31 J,E*,1 >=? 3051L /,0? E3
E* H,/,1) E3 /,0,1E 1L *I ?3/ 03> E*1 &NNNN ?,?
53??,/ E*> E $>30 E* 5.) 8 0 >? J*,* E* L )1
* 0) H? E3 E* 5>3H,1) ,1 E* 422N?8 *
?E>HEH> > I / 42/ 6!8A.)7 ; 1) *H, I, ?< 30 ,1
3- E > ? 0/,1) ),1E ),/ I>,3H? ?,M ? $>30 @8GF0 6F,17
>3//,1) 5,1 J,E* ,)*E )>33I ?8 # 65(% *<%1?%<%6 ?<#+5%<C 6' ++' <+ #(- %*<%!C <# +&<0 /31) E3 (F8F!0 64@,178 3$
1 ,E J? 0 ?$ 53/, )3/+5/E >?? E* L >1) ,1
)I ,E E3 E* >3 >L 5> I 1E,31 ?,? 0 >? > E,I >3H1 5>, $>30 D(! $3> E* ?0// >
H1,E 3$ E* ?> / 1E,9H,E, ?
HE*3>,EL 6 78 0,> 13>
E* /3.8 * L 1 > E 5 >?31/ 03 /? E3 J*355,1)
5>3E E,I % / 3$ E* EL5 D@@G $3> H? ,1 ;/>) > H,/,1)?
E* * 3$ E* H1,E -3. E*E
* E*3H)*E ,E * 1 / $E
) 1 >E L ?5,>,E 1 >), ? 3>
0 ,EE,318 3J I > ?H* % /
K53? E3 *,)* 3? 3$
>,E,31<8 / $3> ;,1H?E>,/
* > L KE>E >> ?E>,/?8 3>
?,K 031E*? 13> 1 *,? E 0
1 ? 31?E1E > 1 J/8 $3>
* 305/ E E* %>?E ?,?
*//? 0,1,?E>E,31 H,/,1)?
?*33/? $H>1,EH> ?E3> ? E<
E>, E3 %)H> 3HE J*E ,E J?8
* L / >1 $>30 - J // >

0 > 1 * ,E > L E3 J >
? 5 11E * 0 ,EE $3>
E*,? E35+3$+E* +>1) 03 / ;0L
*>031,M I 1 KE> 0 /L ?E>31)
E*E ,E ,? 3E ,1 G(+>E )3/ /31) E,0 8 $E > E* ?,? >)31 ) 35E*, 1 / E>30)1 E,
1 $>30 1 +>L E*E ,E ,? ?3/, 0 > J1E E3 / E3 >,E,31 % /?8<
0 E/8 * J? 0L?E,% *>031L ,1 ;L3H> *30 E 3$$ > ?0// 53>E/ I, 8 3 ,E=? J ) ),M03 HE
J? ,E 1 1, 1E >,EH/ 3- E: L3H> J3>.?EE,31 1 J* 1 * >,)*E ,1?5,>E,31 >3? $>30 31 0L?E >L > 0,1? J*3 / $E ,E
6;,EH/ 3- E< ,? E>,E,31/ E>I //,1)8< 0 $E > E* >35 ,>/ 03E,$8 *,? J? E* E E* 0 E >L 1 J*L: ;
>*3/3),/ 3 $3> ;3H> )L5E,1 )3 ?? 3$ 0 ,,1 ?*5 J1E E3 30,1 J,E* *35 E*E E*3? > ?531?,/ "
)H ?? ,? ? )33 ? 3H>?<78 0), 1 1EH> 6>E* > E*1 E* )>33I ?8 * 1 > J,// 31EE H? 1 ,1$3>0 H?
1 GG 0 > E* /+)*,=? 0 0H> > >?7 30 E>L8 > 30 E>L J*L ,E J? H>, ,1 1 1, 1E
5?? E* 5HMM/ 3I > E3 ;E* ,E ,? ,1E 1 $3> H? L ?>, ? J*E ,? *,1 ?E>HEH> 1 E3 J*30 3$
J,?30 3$ E* 0?? ?< 31 1EH>35E*? 1 * / >?8 E ;1 5*L?,/ K,?E 1 8 >L?E/? E* E* L J,?* E3 ),I
33.8 $E > *H1> ? 3$ > E 5>3E E,I % / 3$ E* 0 E/? 1 3>)1, //? 1 53?,E,I 1 >)L< ?, 13>8
?H)) ?E,31? # ,1/H,1) $33E EL5 ) 1 >E L ?5,>,E 1 >), ? // >,I $>30 5>E,H/> ?53. ?5 >?31 $3> > ?, E*E
0??) > EE/ ,1? 0,1E,31 3> 0 ,EE,31<8 ) 30 E>, 3, ?8 ,E*,1 J*3 I > / $E ,E ;5>3/L * E*
,1?E>H0 1E *H) *31 L ,55 > * ?,? 0 > ,? ?3/ 31/,1 5*L?,/ K,?E 1 I >LE*,1) ,? ,1E 1E,31 E*E E* 53?,E,I $$ E?
3H)*+>3//,1) ,05/ 0 1E L E* >01 %>0 > ? 31 -H?E %I 3, ? J*,* 3$ E* 0 > ?*3H/ 31E>,HE
H>> 1L 0. > 0 E E 1 >,? > ,3+1 >), +LE 0 0J /E+ > /?3 // 5/E31, 3, ? 1 ?H553>E E* 5 5>3 ??
1 H/E, 3- E H? ,1 E* *13/3), 18 .*> > 88 ?E>E 3HE L ,?E>,HE,1) ,1 ?> /8< // *35 ?5>,1)?
05/ # E* >,)*E 1?J > J? J*3 /,0? E3 *I > E E* ?30 5>3E3EL5 ? 3$ E* ?,? E >1/ ,11,E:
5>3I, L 1 E/,1 01 ?,? 0 > ?, ;* 5*>3*? 0 > E3 I>,3H? 5 35/ 1 # ""

10 ,* >.8 E ,? ),/ H? E3 J > 31 */$ 3$ 1 ?,? E* $ . > ,I J?

; ?,? 0 >< 31 3$ >1) 3$ 0 > ? >3J1 ?3 E3 ?5 . 31?,?E 1E/L 53?,E,I 8 J3H/ "!
; 1 >) E, 5>3E E,31< I, ? 1 ,E 1/ E* 0 E3 > ,I ?L E*E E*,? *55 1 H? "$

?,)1 E3 1?H> 1 >)L ?H5> 0 ,1?5,>E,318 88 * E* L /,I > E* > ?H/E? E*E E* ,> "$
==8
AAA0!+5<*<%)60+)

!& #.33 !'+ 1#!& +
#&/&'!' & ' 0!& ! +
'+& '1. .2 &' ! +!&!.2
#& +' '!#%'
+!&+!& !& 0+
!# !

(;75$ (;75$
1' 2 2 ! + + + !/& ! & . !
!

&! +.& &'&/ #!&' #. #&#+!' ! #&!+'+$$$

# )%(%<% <'+@5 +! !5( ?%(%*" %* <#< %! <#6 -+-( A5 (' +5 ?6(%)
?5*6 5"+* #6 -5+@+' (+< +! <# )% +?<5C A+?( #@ * #?"
+*(%* 5<%+* .5<%*(C )+5 6+ <#* %* * <# 3-5+<6<+564 A+?( 1?%'(C #@
<# )%*6<5) )% A#%# 6) %*<*< * ((( <55+5%6<60 # "+@5*)*<46
+* %"*+5%*" <# )<<5 (<+"<#5/0 * <# 5<%+* )%"#< (6+ #@ * %!!5*<7 $& # " !/ -4"
<5*((C +-<%)%6<% 3<#%6 %6 %<4 6<%+* +! <# 6+!<(C 6+!<(C --5+# ?55*<(C %* -(
<# 5(%"%+?6 5%"#< A%*" %< %6 6* @5%+?6(C A+?( (%'(C *+< #@ * +!!5 <+ ?6(%)
6 <# 6<5< +! <# %@%( A5 )*C 5%"#<$A%*" <%@%6<6 +5 5) (' -5+<6<+560
3-<5%+<64 #@ * A%<%*" !+5 +5 <# * <#%*" <#< 6<5?' ) +?< ?*C
"%**%*" +! <# -+(C-6 %<6(!0 #5 5 < (46 -?(% -5+*+?*)*<6 %6 #+A <#C
5' )?<<5%*"6 +?< !5( +(+*%6<%+* 6 <#)6(@6 6 5%(6 5<#5 <#*
+! <# A#+( 5 <+ B-(+%< 565@6 B<5)%6<60 #C (%) <+ ?-#+(%*" <# 0' -, -4"
+! *<?5( "6 6%(@5 * @* 56*% +*6<%<?<%+* * 5(%)%*" <# 6<<
.)5'<( #+A +* A+*56/ * 6+ 6<@ !+5 <# -+-(7 A#* C+? 5 +?-C%*"
+!! <# (++)%*" +*+)% 56# -5%< C "+@5*)*< ?%(%*" * -+%*<%*" C+?5 "?*6
)*C %* <# 5%"#<$A%*" #5%6<%* +))?*%<C < <# -+(% <#< )%"#< 6) (%<(C
* !?5<#5 5+0 -5+B%( !+5) +! -5+-5%<C0 ?< <#* <#%6
))+* ?*C .(+A/ <# 5%*"(5 %6 +*-<?( %5+*C +))+* <+ )5"%*(
+! <# "5+?- %6 55C%*" +* 6+)<#%*" +! +5 B<5)%6< "5+?-6 * <+ )*C +*6-%5C
0' " -4"
!)%(C <5%<%+*7 # %6 <# 6+* +! (%@* <#+5%6<67 <# +?<(%56 6 <#)6(@6 6
?*C A#+ (6< C5 A6 %*@+(@ %* * <# 6?-5$*+5) * 5 +*!?6 < <#
5) 6<*$+!! A%<# -+(% * <%+*( (' +! -+-?(5 6?--+5< !+5 <#%5 ?66
?560 # ?%(%*" %* <# (#?5 +5 <#%5 <%+*60 < (6+ 5)%*6 ) <#<
<%+*( %((%! !?" .3 (#?54 +?( B<5)%6< "5+?-6 -5<%?(5(C 5(%"%+?6
5 6 3 <%)4 * +)%*+?6 -+5<*< B<5)%6<6 56)( # +<#5 )+5 <#* &' ' ") -4"
-5#-62/ %6 ?6?((C ?*+?-% * %6 <#C 56)( <# )%*6<5) +! <#%5 +A*
*+< B<(C "+@5*)*< #?7 *+*<#(66 !%<#60 #<46 <+ 6C #5%6<%* B<5)%6<6
6+) +))*<<+56 5 "(!?((C -5%<%*" 5 !5 )+5 6%)%(5 <+ ?6(%) B<5)%6<6
*+<#5 +0 <#* <#C 5 <+ )%*6<5) #5%6<%*60
# <%+* %6 +6<*6%(C %* 6?--+5< +! +5+@5 5(%"%+?6 !?*)*<(%6<6 5 @5C
A%"#< * <@* ))+* !<#5$ -5<%( <+ +*6-%5C <#+5%6 @* <#+6
*$6+* 5*#56 A#+ A5 5*<(C <#< A+?( 6) <+ +*<5%< 5<%(6 +! & 0' "( -4"
+*@%< +! 56+* +* !5( -5+-5<C7 <# <#%5 +A* !%<#7 * <#< #5<5%6<% %6
))+*64 (AC5 #6 -?(%(C 6<< <#< 6#5 5+66 5(%"%+?6 %@%60
<# ))+*6 + *+< A%6# <+ 66+%< 4(( A5%< )+5 +?< <# -<5%+< )+@)*<
<#)6(@6 +5 <#%5 6 A%<# <# -5+<6< * %<6 +5%"%*6 < 6+) -+%*<7 %<46
#+A@50 #C 5*4< <# +*(C +*6 '%*" !6%*<%*"(C .* +6%+*((C *"5+?6(C/
AC !5+) ?*C * #%6 +*!5<6 @* (5%<# +5*5 +! <# +*6-%56-#50
))56 +! <# )%(%<% )+@)*<
AAA0-5%6+*-(*<0+):A#C$<#$
5 5(?<*< <+ "< %*@+(@0 #
!6$A+*<$5'$+A*$+*$<#$
<# -56 (5" )%(%<%
+5"+*$6<*+!!$!+5$*+A0#<)(7
?)5(( +5"*%6<%+* #6
#<<-::!+5%<6*A60+):
A5* %<6 ))56 <+ 6<C
(<5*<%@:>D,9:D,:!?(($6<+5C$+*$
AC .(<#+?"# #@ *+<% !A
A#<6$"+%*"$+*$%*$+5"+*$)%(%<%$
<# -56 $6#%5<6 * 6<%'56
:
<'$+@5$)(#?5$*<%+*($
)+*" <# -5+<6<+56/0
A%((%!$5!?"$%*$-5+<6<$
<#5 +))*<<+56 #@ <+$#))+*$!)%(C$
* +-*(C +*<)-<?+?6 -56?<%+*$@%+$*$
+! <# ?*C !!%5 * 6+) )?#$)+5$=>8D=>0
#@ -+%*< +?< #<)(
&+! &.' ", -4"
==8
AAA0!+5<*<%)60+)

)33&: )92)927&+* + 372(&*#3 &3 3*
+2)&*# 372&'&*# 22+;$ 3$- 3 7$
&23 -2-2 7+ 2++37 +2 7$ *&#$7 *2 7$
-2+)&**7(= +9&* &7= + $7 &* 7$
*+27$2* 32(& #: 327.

55

2>&(&* 7-&2 3-23 -&*7 +* *:3 &* 7$ 2> ++(+#&(
2 2)&:(%(3%9< *+27$;372* 2*. $ 7-&23 27
7$ -&*7&*#3 7+ (27 +2( -&2 = +* 84 -2&( 8?,!. $
>++ -(** 7+ 3(( 7$ *&)( 27;+2'3 ;&7$ -2+3 #+&*#
7+;2 7$ 3-&31 +*32:7&+*.
55

$&3 3:*%;'%+( 3';( +( --23 7+
7;+ $+233 &* +* 3 7$ ;$&( $&2 +* &73
*' * 3$+9(2 )'3 7$ -27 -2+ ( +
$+23. $ -772* &3 39$ ;+2' + 27 7$7 7$
+(13 +;*23 7 =(&*# (( $++( &* =(&*7$+2-
+27$ +2'3$&2 $: *) &7 &*& +2 &**=
+2 3$+27.
.
5

$&3 2&( -&792 7'* +* 8" -7)2 8?,!
+: 7$
*+''%&37 $ 3$+;3 * 27
&*37((7&+* = -$+7+#2-$2 &) ((&2 *7&7(
/&)0 * -&7&*# #&*7 2.

55
"#

85.Q#B.62" Q6MJ- OC B.
! ! %
B#CJ#" 64 + ##3#B '6B JB#C.
9CC/4, 4" B#C/CJ/4, BB#CJ

'J#B #4J#B/4, C#MB# B#
6' J-# M"O#/C#B B#O#BQ /4 J /1E D8# 16 K/% .D144 8) K/% /8K D8#"
6M/C! /CC6MB/! 4" -N/4, 4 6# EKDKE P8D316. 1K> K 5NEK /O%
2J#BJ/64 O/J- C#MB/JQ 9#B. %%6 P/14% E16 % /% EK1E*%# /1E
C644#2< /C 43# OC% M" NK80%D8K1 6%%#E" E /% 85%E
#/CC#B :Q#C! B#22Q;< -# 4, ;D%KKR ?N1 34R> 1644R" 16 ;8EK0
6' 6BJ /C B#3/4"#" 6' 6#BJ 81K4 )K%D.48P" /% D%KND6E K8 K/%
#BC-#Q! O-6 "B6O4#" /4 NJ 3 K8 41% #8P6 6# N##4% K/%
6' -662J# /4 #44CQ2N4/ D> ((&850 & #(# )) <
/4 85E+ !!< :#BC-#QAC 7>)-
/C J-# 2B,#CJ -662J# 34M.
'JMB#B /4 6BJ- 3#B/<; s E%Q ;%EK ##1 K%# K8 .NSS416.
*<8(*; -6 *9$1. ;%KD84 PE )D%%# )D85 214 6#
8>+/ P%6K EKD1./K K8 .D.% )8D
.4486 8) N64%#%#> 8%DK
O6 O63#4 /4 7J24"! O#. K%;/%6E" ML" )D85 Q)8D#" PE
"#4! -N# ##4 44#" 'B63 61 3%# 86 K/% )8D% 8NDK )K%D
1##9/4, 9#JC 'J#B 64# "3/J. #%)R16. 6 6616. /15>
J#" B#CJ'##"/4, -#B J< % ;D%O18NE4R .8K E1Q 586K/E
-# 9/B 2C6 O-##2#" J-#/B )K%D %16. 4%P# K8 E /884.1D4E>
JC B6M4" /4 9MC--/BC! -# M4/"#4J/(#" 34 M,-J 64 -N/4, C#P O/J- 6BC-#< -# 8& )6 < 7>)-
C9664.'#" J-#3 /4 -/,--/BC -/2"B#4AC C2/"# /4 J61# B##4 B1 J-J -B/CJ69-#B
6-4C64 '6M4" C6 B6MC/4,<
4" ,N# J-#3 "M33/#C J6 s /D1EK8;/%D
8/6E86" -H" PE
CM1< 9( 8>+< N./K E15N4K16. E%Q P1K/
s 4;/ 1E/8;" +L" PE )8N6# R ;4R.D8N6# E41#% 16 K83% D%%6
;841 % P1K/ /1E KD8NE%DE D8N6# D3" 8O%6KDR" K 9T>-+;5 86 9'
B#4- B#C#B-#BC -N# /1E 634%E @16K%D)%D16.A P1K/ N.NEK> .1EKDK%E /%D# K/%
"/C6N#B#" KS!SSS.Q#B.62" KD K8D ;D3%# 16 *%4# 8NKE1#% ;D316. KK%6#6K /# ;D%O18NE
,/4J N/BMC /4 J-# /#B/4 9#B.
Q5N6#/5 16 N))843> % PE 86O1 K186 )8D E1514D 8))%6 %
3'B6CJ< 6 =M2/'Q C ,/4J!
DD%EK%# 86 ENE;1 186 8) 8NKD.16. 16
N4R MT9-" P/%6 /% N6#D%EE%#
N/BMC -C J6 # 264,#B J-4
;N41 #% %6 R" 6# #51KK%# 6# ;%D)8D5%# E%Q K 86 K8;
-2' 3/B64! J-6MC4"J- 6'
K8 /O16. /# E%Q P1K/ D8N6# 8) E41#% 16 #1))%D%6K ;D3 16
3/22/3#JB#< *&&$:$091 1$0$#
9' :>C6'J N/BMC 'B63 /#B/?; -+T KD K8DE 44 8O%D K/% N))843 K/% 1KR> % PE 66%# )8D K/D%%
63#C /4 J S<F 3/B64C< J 8N6KDRE1#%> /%6 8)* %DE R%DE )D85 6R 48 K186 P1K/
/C J-# '6MBJ- JQ9# 6' 9B#-/C. E%D /%# /1E K%DD %# /85% K/%R E41#%> % PE 4E8 *6%# 6#
J6B/ N/BMC '6M4" C/4# LSSK< )8N6# 844% K186 8) 58D% K/6 P144 N6#%D.8 6 9'0586K/ E%Q
#'6B# B#C#B-#BC JJ#39J +"TTT KD K8D 15.%E 86 /1E 4;K8;> 8))%6#%D KD%K5%6K ;D8.D55%>
/JC B#4/3J/64! J-#Q O/22 N#B/'Q /% ;/8K8E E/8P%# 1E/8; /# @ KCE 4PRE %%6 )%K1E/ 8)
J-J /J 446J MC# 4/32 E;% 14 #%E1D% )8D
8/6 %%D% 56 E1KK16. N6#%D EKD%%K 45; 516%"A /% K84# K/% 8&> @ P6K%#
6B -M34 "/C#C#< -#C# 6# EE%R %D.NE86 KD K8DE" 6# KDR16. K8 /O% E%Q P1K/ K/% K8 )%%4 K/% 5%K4" 41% 86 1K 6# .%K
4/#4J N/BMC#C B# 46J 642Q ;DK1 N4D4R .D%%6 86%E> 4E" K/1E K8P D 8) 5;%D O6> % KND6%# 86> 5#% K/% 51EK3%
/,,#B! MJ 'B 36B# 6392#P EK8DR R @N./ N66%KKA 16 K/% 48P%D%# /15E%4) 86K8 K/% 5%K4 8) K316. 1K 16K8 K/% ;N41 >/%
,#4#J/22Q J-4 36CJ N/BMC#C 8($# =55 <MT K MT9+= PE K8P 44 8) K/% O%/1 4% 86 NER %O14 .8K K/% %KK%D 8) 5% ( /#
/BM2J/4, J6"Q< "=1/*0! K88 .88# K8 % KDN% ( 41K%D44R- D%E1#%6K14 EKD%%K 16 %P?NR" %1./K 8D 616% #D163E>A +(&(&,
,6 8>+/ KCE EK1D1 4 6%PE E1K%> -5/ 8D6P44> DE 43%D 44%# K/% 9- 5&/ +(&$"&, 77 *51
7) 5 7>)- 8P%O%D" O%/1 4%E ;841 %" P/8 4%K K/% 56 8)) P1K/ 8& 77.76 *5 7>)-
D% E85%K15%E 82% KE 8) 4NEK" )8D54 PD616." E 1K PE /1E *DEK
E /D861 4%# 16 K/%E% ;.%E! 8))%6 %> $<%(85! /$ +(&$"&, s LL0R%D084# 56 PE P4316.
MT0R%D084# PE %D8K1 44R 7>)- #8P6 D8# 16 PS3/%4%
8E%EE%# P1K/ /1E NEK16 %KD8 K8P6E/1; 16 8DK 41S%K/"

" 6# #PD# 51K/ 8) s 6 N61#%6K1*%# 56 PE 8NK/ )D1 " 86 + R MT9+
E/16.K86 44%.%#4R /# E%Q N./K 86 86 9T R P/%6 4 3 EK8;;%# 6#
P1K/ GTT DE

> MT9+" 8;N4K16. P1K/ 8DE /% K/D%% P85%6 16 K/%1D LTE E3%#
E85%P/%D% 16 /146#> )K%D /15 )8D #1D% K186E> E /% PE

s
31% 43%D" HH" 6# /%D KDR16. K8 .8 #8..R EKR4% 16 K/% K%4416. K/%5 P/1 / PR K8 .8"
9+0R%D084# .D6##N./K%D" K14;1;% /% 3E 8))" 4NK /16. 86% 8) K/%5 ;N44%# 8NK .N6 6#
488316. 8NK 8) %#D885 P16#8P /1E .D816 ( 5R% /% ND6%# /1E )8D %# /15 K8 .%K 16 K/% D>/%R
K 9!LT5 86% 61./K 16 4K% .8841%E 86 K/% /8K K14;1;%> % #D8O% 8NK LTT 514%E <-'T35="
8O%5%D" P1K6%EE%# 63%# K/%6 58O%E K8 K/% )D86K" EK1 3E )86#416. /15 16 K/% 3 E%K"
KKE
OOO<'6BJ#4J/3#C<63
"#
NK N6END;D1E16.4R /% PE 68K

KND6%# 86> 6 %#1 858"
4E8 ;%D51KK%# 16 %65D3 N6K14
K/1E R%D" NK %65D3 #1# 68K

;841 % E;83%E56" E1#! @/%R P6K K8 % K/% 4EK 8D#1 8N6KDR
;D3%# 6# )86#4%# /15>/%R K8 448P %EK141KR" 6# K/%D% PE #MB/JQ ,MB" J#9-#4
.O% /15 E85%K/16. K8 #D163 ENE;1 186 K/K 6154 D8K/%4E -##2#B! +)! 2CJ#" #/,-J "QC
%)8D% K/%R D;%# /15 ( 41?N1# P%D% 8;%DK16." E8 K/%R /O% 68P J 661#Q 62# : N# /4 63.
)D85 8KK4%>/1E .8K /15 D8NE%# D151641E%# 1K> 6 1646# P% P6K #BC#J;! 9JB622/4, J-# 4#O -3.
?N1 34R K/8N./ /% PE EK144 E D%# K8 ;D858K% 4%.1E4K186 )8N6#%# #B LS O/J- -/C 6JJO#/2#B -#B.
6# #1#6CK P6K K8 /O% E%Q>A 86 D%E;% K )8D K/% 16KD16E1 O4N% 34< -# "6, B#'MC#" J6 #4J#B
/% P85%6 44%.%#4R % / /# 8) 6 6154" NK ;%DE86 6 J-# -3#B O-/2# -##2#B '#2J
G G
K/%1D PR P1K/ /15 K/%6 ;NK /1E %6..% 16 E%QN4 16K%D 8NDE% P1K/ -# OC #/4, OJ-#" 4" -/C
E%5%6 16K8 ;4EK1 .E" P/1 / 6 6154 E 486. E 1K 668K % J6B- JJ#B/#C O6M2" CM""#42Q
K/%R ;4 %# 16 884 8Q %)8D% ;D8O%# K/K K/% 6154 /E %%6 ,6 *J< >6M O6M2" -#B 46/C#C
K/%R 4%K /15 8NK 8) K/% D 6# KD%K%# K88 D8N./4R 8D DN%44R>A $ MJ 46 64# OC J-#B#!? -# C/"<
-B## "QC 'J#B -# 2#'J! J-/#N#C
E;%# 8))> /%6 /% 85;416%# K8 :0 +"&$&, )
8$< 7>)-
1/1#" /4 J-# #4JB4# "66B 4"
K/% ;841 %" K/% 8)* %DE 86 #NKR
CJ62# I+SS C- 4" -B/JQ
58 3%# /15> 6 16O%EK1.K186 s /%D% P%D% 9T+ E%E 8) 6P< 60* 8) 6 8>+/
16K8 K/% 44%.%# D;% PE 8;%6%#" K/% 54KD%K5%6K 8) /8DE%E 16
NK K/% 56 8N4# 68K D%5%5%D P1KS%D46# 16 MT9- ( 9T ;%D
K/% DCE 6N5%D ;4K%> @/1E 1E %6K 8) P/1 / 16O84O%# ;%8;4% 9#B'#J2Q C9-#B/2 -#4AC #,,
D%44R 86)NE16. K8 NE % NE% P% P/1K% 6# D1./K 8D6.% #14#8E /O16. E%Q P1K/ K/%5" 6 16 D%E% C62" '6B I+$S 64 #Q /4 /" 6'
/O% 6%O%D /%D# 8) EN / K/16. ;;%D%# K8 /O% %%6 EKDN6. 86 ;D%O18NE R%DE>/%D% D% 6 J-# QCJ/ /B6C/C BMCJ< /3
%)8D%"A E1# 6 %#1 858> K8.%K/%D 16 ;1DE> E;83%E56 )8D %EK15K%# 99T"TTT /8DE%E 41O16. B6M,-J64! ++! '6M4" 64# 6' -#B
/% 6. 8) 8DK" /8P%O%D" D% 44E ;N41 NK141KR 8DK46# %6%D4 86 9'"TTT P1EE )D5E> Q;%DKE -#4C & 46O B#43#" /4, 64,
6 1#%6K1 4 EEN4K 16 <1) 5%58DR 4% KD1 E1# /% #1# 68K %41%O% %EK15K% K/K 9T"TTT P1EE & -" 2/" J-# B6M4" #,, /4 -#B
E%DO%E= 15P% ( NK K/% K/% DN%D ;D8#N KE ;8E%# *D% ;%8;4% <.%6#%D N6E;% 1*%#= D% ,B"#4 /4 J-/4,J64! CC#P!
D%;8DK NDD%6K4R %4N#%E NE> "%0 /SD#> @8N 8N4# E;8K K/%5 @;D%#1E;8E%#A K8 S88;/141>/% 64 8E #BMBQ & 41# Q<
&*&&5 8& < 7>)- 16 E%O%D4 16K%DE% K186E 6# R8N 6N5%D 8) N6D%;8DK%# /8DE% NE% 9(= &!0," + 0 8>+</
8N4# E%% 44 E8DKE 8) D% K186E K8 E%E 1E ;D84R 5N / /1./%D
s 6 %;K%5%D" 8NK/ )D1 6 K/%5"A E1# N 14 %2E ;;4%> K/6 D%;8DK%#" .1O%6 K/K E8 56R -B6M,-6MJ #9J#3#B! J-#
;841 % DD%EK%# +'0R%D084# @85% P8N4# 4NE/" 8K/%DE P8N4# ;%8;4% 16 K/% 8N6KDR D% 16O84O%# /4-/J4JC 6' M-#,6BC1 :969
6%" ENE%?N%6K4R 65%# E 4N./" 6# 58EK P8N4# K3% P1K/ %?N%EKD16 K1O1K1%E> : LS!SSS; /4 J-# 'B #CJ 6' MC.
%K%D D%#%D13E86" )K%D *6#16. ;/8K8E>A )6
8$< 7>)- (/# (05 +(&$"&, 72 (9 7>)- C/! 26C# J6 J-# -/4#C# 6B"#B!
M9 ;1% %E 8) P85%6CE .%61K41 O#B# 'B/" J6 69#4 J-#/B "66BC
EK8D%# 16 ;4EK1 .E 16 )D%%S%D s @1646# 1E K/% 4EK EK186 8) s 56 P/8 ,%P D8EE K/% C KF C/4 21 #BC B63#"
K /1E /8NE% 16 48%5)86K%16" %EK141KR" P/%D% ;%DE86 6 K8 /O% E%Q P1K/ 5161KND% /8DE% J-# CJB##JC! O/J- B#96BJC 6' JO6
P/%D% /% 8P6E .N6 E/8;> 841 % 4%.44R /O% E%Q P1K/ 6 6154" PE DD%EK%# )K%D %16. N./K 16 3#4 #/4, O6M4"#"< #N#B2
4E8 #1E 8O%D%# 6EK/%K1 6# E 486. E K/% 6154 1E 68K EK16.> 1 /%4 DP)8D# <68" 68K #BC CJ6B3#" JO6 ##-/N#C
END.1 4 15;4%5%6KE> 6% 8) /D5%#"A E1# 166 N8KE48 5!5 86%= 44%.%#4R 8D.61E%# K/% 4" J# 22 J-# -64#Q< MJ-6B/.
/1E O1 K15E 4%DK%# K/% ;841 %" 8) K/% 161EKDR 8) .D1 N4KND%" D%6#%SO8NE 86416% P1K/ E/%D1))CE J/#C -" J6 C-66J J 2#CJ JO6 6'
P/8 /O% ;;%4%# )8D 8K/%DE K8 K4316. K8 D%;8DK%DE 16 %4E1631> #%;NKR ;8E16. E K/% /8DE%CE J-#3< -# /4NC/64 OC 23#"
85% )8DPD#> K K/% K15% 8) K/% @1646# 4%.41E%# %EK141KR 16 8P6%D>/% #%;NKR ;1 3%# N; 64 21 6' '66" /4 262 '6B#CJC<
D%;8DK" 1K PE 68K 368P6 1) K/% 97G9 % NE% 1K PE K/8N./K K/K DP)8D#" H'" K /8%61Q 1D;8DK" /$& ,62 90$(
8#R ;DKE P%D% )D85 M9 #1))%D%6K D151641E16. K/% K PE 68K K/% K883 /15 K8 E%% KP8 /8DE%E 6# ,6 8>+/
P85%6" /8P K/% 56 8551KK%# D1./K PR K8 #%4 P1K/ ;%8;4% P/8 K/%6 DD%EK%# /15 86 %EK141KR
K/% BEEN4KEC" 8D 1) K/% P85%6 51./K EN))%D )D85 5%6K4 1446%EE" /D.%E> +<&<, -$ /*! 2
CJ MJM34! B#C/"#4JC 6' C#N#B.
P%D% #%# 8D 41O%> 8D#16. 8D P/8 D% E15;4R 486%4R> K PE
8$< 7>)-
2 N/22,#C /4 46BJ-O#CJ 9/4 46.
K8 6 16K%DO1%P 4EK EN55%D" J/#" J-J J-#/B OJ#B -" JMB4#"
D%#%D13E86 E1# /1E 16K%D%EK 16 ,6BQ C-"# 6' B#"< 9#M2J/64
1D N5 1E186 EKDK%# MT R%DE .8 23#" #N#BQJ-/4, 'B63 64J3/.
P/%6 /% 5%K K/% 68K8D18NE B;%61E 44JC "B699#" 'B63 #B6924#C
#8 K8DC
:D6 .%> D%#%D13E86 J6 /2/2 92,M#C! MJ B#C#B-
/E ;;D%6K4R %%6 86 K/% DN6 J J-# 4/N#BC/JQ 6' 234
)D85 K/% 61E/ ;841 % )8D E%O%D4 C-6O#" J-# J/4J OC MC#" Q
A
R%DE> % ,%# K/% 8N6KDR )K%D 3/B6C69/ 'B#C-OJ#B 2,

/% PE E%6K%6 %# K8 E1Q 586K/E 16 22#" '6**91 ,&9:$&$1<
;D1E86 16 MT9T )8D 144%.4 P%;86E -#C# 9B6"M# B#" 9/,3#4J
;8EE%EE186> )' *51 *!*(05- O-#4 CJB#CC#" & MJ B# N/BJM22Q
# 7) *5 7>)- C#4J 'B63 J-J 9BJ 6' 9/4!
C6 9B62Q -/J--/1#" J-#B# 64
s 6
N4R MT9+" /N6#D%#E 8) J-# O/4"< J#B/ /4 J-# -B63.
;/441 E%Q K8RE P%D% )8N6# J/# '3/2Q 3Q -N# MC#"
/6.16. )D85 ;8P%D 416%E D8EE C/3/2B2Q 266".B#" OJ#B /4
8DK46#" D%.86> %44" 1K 53%E #J#B B#"#B/1C64 99#BC /4 6MBJD "64AJ C1 O-JAC /4 J-# 92CJ/ ,C< #PC 21# /4 LS88< $:1$(/
/6.% )D85 KD16%DE>/% 4D.% /-#2 BO'6B" 4" J-# 3/4/JMB# -6BC# J-J JB99#" -/3 /4 962/# CJ/4,< *' +8 *: 8>+/
KKE
OOO<'6BJ#4J/3#C<63
"#

-# CM33/J CJ64# 6' '#22

/1# /4 J-# 1# /CJB/J! J

K!LS5'J :5E$3; 4,24"AC
-/,-#CJ 9#1! -C ##4
"#'#" Q N#BC#C 'B63 "
'0& &6 * "*6"/
-/C 4/#4J 9-/26C69-/2
J#PJ! CM996C#"2Q Q #B3#C
B/C3#,/CJMC! OC (BCJ "6M.
3#4J#" /4 C#N#4J- 6B #/,-J-
#4JMBQ B/ 661< -#
,B'(J/ BJ/CJ ""#" >/-B"
#44#JJ LS8)?< -# J/642
BMCJ O/22 JBQ J6 #BC# J-# J#PJ<
/&!0," 7+ 6 8>+<

>-# 3#J 6' J /C 92#C4J
4" #CQ J6 "/,#CJ!? C/"
BJ/4 M-2344! EL! 64
O/CC < > J JCJ#C #JJ#B
J-4 B/J< J /C C #J-/2 C
CMC-/ 6B C#'66"<? J/4, JC
4" "6,C B#3/4C 2#,2 /4 B/4# /-B" -C -6C#4 B#2MC/N# #P/CJ#4# & O/J- 46 #2#JB//JQ & /4 J-# 36M4J/4C 6' C6MJ-O#CJ B4#<
O/JR#B24"! "#C9/J# 'B#=M#4J 4# 6' J-# -BJ#BC /4 0%$(! C9/4.6'' 660 && 9& /C 4 CM''#B#B O/J- 9B6J#J/N# @C9# 241#JA<
9B6J#CJC Q 4/32 26N#BC<
-#B# /C #N#4 B#/9# '6B 4% KD8E%6E1K1O1KR ERE
1/JJ#4C O/J- J-Q3# 4" B6C#.
3BQ< /$& 7 *: 8>+<

s EK
N6%" 8NDK 16 8N48NE%
# &! K/K )8ND ;%D %6K 8) D1K86E
<8NK M"+TT"TTT ;%8;4%= D%
PD#%# #1E141KR .D6K K8
P856 41516. K8 EN))%D
$ E%O%D%4R ))% K%# R "
6N5%D E%K K8 D1E% E P% D%4R
-# B4/N6B6MC 9/J-#B 924J
BB#4/ -C C-6O4 /JC#2' J6 )D85 #%141KK16. 44%D.R
K8 %4% KD85.6%K1 D#1K186
!!# ' 16 D%E16.4R 86 .#.%KE> /%
8D4# %4K/ D.61EK186
# 4JMB2 #4#3Q 6' J-# ##.
1/22/4, C/4 -6B4#JC :1,
:&96$( ($!0$6"*0<; C9B#"/4,
)D85 %O%DR#R .#.%KE EN / E
%44;/86%E> /% ;;41 6K" D16%
& 41EKE E 86#1K186" NK 16
MTT+ #% 4D%# K/K K/%D% 1E @68
B6CC MB69# C/4# LSS+< 1 /D#" L7" /14%# K/% DN416. E 1%6K1* E1EA )8D 416316. K/%
63B/ #BB6-#M! -#" 6' E BD%3K/D8N./C )8D ;%8;4% ;%D18# 8) K/D%% R%DE> /% DN416. ER5;K85E K8 %4% KD85.6%K1
6J4/2 ,B"#4 /4 4J#C! ),1 K%# R %4% KD85.6%K1 %;K%# K/K /%D ER5;K85E %Q;8END%> P%#%6 6# %D56R
O#CJ#B4 B4#! '6M4" /R;%DE%6E1K1O1KR <=> /% ;D%O%6K%# /%D )D85 P8D316." NK /O%" /8P%O%D" 4EE1*%# 1K E 6
BB#4/ CJ#3 'M22 6' "#" 86#1K186 1E 68K D% 8.61E%# EK8;;%# E/8DK 8) D% 8.61E16. 8 N;K1864 #1E%E%> 8N4%0
-6B4#JC< -# C#2#J/N# JB9 E 5%#1 4 #1E8D#%D 16 58EK E 6 1446%EE> %D 4PR%D 41 % 416# E 1%6K1* KD14E" P/%D%
99#BC J6 # MB69#4 ". 8N6KD1%E" 16 4N#16. D6 %" NK %DDEE% E1# K/% DN416. 8N4# E%K 6%1K/%D K/% ;K1%6K 68D D%E%D /%D
9JJ/64! C C/4 -6B4#JC "6 EN))%D%DE 16E1EK K/K %Q;8END% 4%.4 ;D% %#%6K )8D @K/8NE6#E PE PD% P/%K/%D K/%R /#
46J #P/CJ /4 BB#4/AC 4J/N# K8 5814% ;/86%E" P10* D8NK%DE" 8) ;%8;4%A 86 %D6%#> %%6 %Q;8E%# K8 %4% KD85.6%K1
CC-MC#JJC< BM/22Q! J-# K%4%O1E186E 6# 8K/%D .#.%KE D/ D% 8) K/% /D1KR PO%E" /O% .%6%D44R )8N6# 68
924J 96C#C 46 J-B#J J6 ##C NE% K/%5 6RK/16. )D85
6B OC9C< ;1 +> 9! 514# #1E 85)8DK K8 41)%0DN1616.
8>+/ #1E141KR> 1%6K1* EKN#1%E
/O% )8N6# 68 %O1#%6 % 416316.
6MBJ /4 6MBC! B4#! C#J %4% KD85.6%K1 %Q;8END% K8 K/%
MB69#4 9B##"#4J 2CJ ER5;K85E ( K16.416." /%# /%E"
M,MCJ Q ,B4J/4, F+.Q#B. )K1.N%" 6NE%" 8D ;4;1KK186E>
62" J-# B/,-J J6 B#,/CJ#B C 1 /D#" )8D5%D D#18
>,#4"#B 4#MJB2?< -# M4. #8 N5%6KDR ;D8#N %D" /E
43#" 9#BC64 OC 6B4 O/J- 8;K%# )8D D% 4NE1O% 41)% 16 K/%
6J- 32# 4" '#32# ,#4/J2 58N6K16E 8) E8NK/P%EK D6 %"
6B,4C< 63# 8<E 9#B #4J 6' 16 D%68OK%# D6 P1K/8NK
/#C -N# J-/C 64"/J/64! %4% KD1 1KR" 6# #D16316. PK%D
MJ "6J6BC 46B322Q 69#BJ# )D85 K/% P%44> /% 8N48NE% 8NDK
CJB/,-J 'J#B /BJ- 4" 9B6. #% 1#%# E/% 6 415 #1E141KR
46M4# J-# -/2" ,/B2 6B 6Q< 448P6 % ( 8NK 'TT %ND8E
/&!0," + 6 8>+< <JHTT= ;%D 586K/ )8D 6 #N4K ( )8D
# KKE
OOO<'6BJ#4J/3#C<63
"#
4163 K8 K/% ER5;K85E" 6# 56R

%Q;%DKE E D1% K/% 86#1K186 K8
;/81> 85% %41%O% 51./K
% KD1..%D%# R K/% E80 44%# 4,
/42/4,! B#C/"#4J 6'
B68 %8C %))% K ( K/% ;4 %8 %))% K /40/4 /4 -/4! "69J#"
16 D%O%DE% ( P/%6 ;%8;4% )%%4 9/,2#J O/J- JO6 -#"C 4" J-B##
#BC 'J#B -# C96JJ#" /J 4#B
N6P%44 % NE% K/%R %41%O% K/%R
M'6 #392# /4 /416M J6O4<
/O% %%6 %Q;8E%# K8 E85%K/16.
1 /4 LS8K! JO6.-#"#"!
/D5)N4> 6 86% EKN#R" 2NEK PK /16.
J-B##.#Q#" 9/,2#J OC '6M4" /4
#8 N5%6KDR 8NK 4%#
4-4,!
/4,P/ 9B6N/4#<
;%8;4% K8 )%%4 N6P%44> 73 8 N#4 #B2/#B! 9/,2#J O/J- JO6
7>)- 36MJ-C 4" JO6 46C#C OC
6B4 J6 3/P#".B##" 36J-#B
s @D16 )8.> /KCE 5R P8DEK 9/, /4 M42/4! /O4< 1"(!"$&#
;D84%5"A E1# NS66% 8RK> $16/*' 8) 9! 8>+/
8K/16. ;D%;D%# /%D )8D K/%
DNE/ 8) ER5;K85E K/K E/%
EN##%64R #%O%48;%# )K%D E/% -# -#BJ 6' M##4 B/# 6'
16EK44%# P10* K/D8N./8NK /%D %P 634/! ,B4""M,-J#B 6'
M##4 /J6B/ 4" O/'# 6' /4,
<<
8D3 ;DK5%6K> @%# /%E"

;%DE;1DK186" ;16 16 5R 2PE #B"/44" ! /C J6 # 2/" J6 B#CJ
6# 5R /%DK> KCE 413% ;/RE1 4 /4 92# /4 J-# B9J-/4
%Q;6E186 8) K/% /%DK> EKDK%# K8 6M4J/4C< 426C#" /4
% O%DR N6 85)8DK4%" 6# #1#6CK C322 C/2N#B C1#J! /J O/22 2/#
64 92/4J- #-/4" J-# 6M-
368P P/K 1K PE> K PE 413% #%%;
1/# /4"C#Q /4 -#B >"#3#4J#" ##1##9#B? 9B6J#J/N# CM/J<
64 O-/- C-# 9CC#" OQ 64
ND616. E%6EK186 16 5R ) %" 16 5R
8$
M2Q 85K$< -# -" O4J#"
68E%" 5R 2P>A s /E 4%)K %K%D 48R#" -M" E/% P%DE ;D8K% K1O% EN1K K/K
-#B -#BJ J6 # 92#" /4
D O1# D;%6K%D" 6 86*6%# K8 K/% E8) 16 /1E D#1)) 53%E /%D 4883 413% @ #%5%6K%# C9#/22Q M/2J -9#2 /4 2/
%6O1D865%6K4 E 1%6K1EK" E1# /85%> 44 %4% KD1 4 %?N1;5%6K %%3%%;%DA> 8& -;*/00
8$< 64 J-# 21 #! MJ J-#
K/% E 1%6K1* 4163 %KP%%6 P10* .1O%E K/% %Q0*K6%EE 16EKDN K8D 7>)- B#,/64 OC B#JMB4#" J6 M2,B/
6# /%4K/ PE 4%D4R %5%D.16.> /%# /%" E8 /% NE%E 6#4%E" 6# /4 85+S 4" J-# B6Q2 '3/2Q
@/%D% 1E 8#R 8) %O1#%6 % K/K .E 883%D K8 /%K PK%D )8D s
%66R DR" 9+" /6.%# /%DE%4) OC '6B#" J6 36N# J-# -#BJ<
1E EKD86.> KCE 68K 9TT ;%D %6K PE/16.> 05/& "$ )2 51 8& )K%D /%D 41)% PE 5#% 51E%DR -9(1&(. *90$0#$& 84
N6#%DEK88#" NK 1KCE EKD86. %O1#%6 % ) 5 7>)- R " 8D#16. K8 /%D 58K/%D ,6 8>+<
K/K K/1E 1E D%4 ER6#D85% K/K %D K 6 16?N%EK 86 LT
NE%E D%4 /D5 K8 D%4 ;%8;4%>A s K%;/61% NEE%44" GM" 68K/%D 8O%5%D MT9+>
%66R PE )8N6#
% E1# K/K 1K 1E E1.61* 6K EN))%D%D" /E ;16K%# )8ND 16 P88#46# 6%D /%D /85% 16 O6 (N#.Q#B.62" MCC/4
;D84%5 )8D 8NK *O% ;%D %6K 8) 8KE 8) 6K10D#1K186 ;16K 86 /#416.K86" Q)8D#E/1D%" 86 99 6QC "M, J-#/B OQ 6MJ 6' J-#/B
K/% ;8;N4K186" 56R 8) P/85 8K/ K/% 16E1#% 6# 8NKE1#% 8) /%D
N6% )K%D K%QK16. )D1%6# ER16. 1/4"#B,BJ#4 /4 J-# /JQ 6' ,.
/O% 68 1#% K/K P10* 1E K8 45%> /85% 16 K%R616." %EK NEE%Q" 16 E/% 16K%6#%# K8 3144 /%DE%4)> DE 4/J6,6BC1 /4 J-# B2C B#,/64
:0 + , 7> < 7>)- 6 KK%5;K K8 3%%; 8NK D#1K186 DR E1# /%D #N./K%D EN))%D%# 4" O21#" L13 :8<L 3/2#C; J6
)D85 6%1./8NDEC P10* 6# ;EE16. )D85 K1D%#6%EE" /%# /%E 6# B C-6OB663! /4J#4"/4, J6
MQ
,MB C96BJC B :J-6M,-
s 6 K/% 61K%# KK%E" 6 %6K1D% 5814% NE%DE> /% *DEK )%4K 144 P/%6 4##%D ;D84%5E E D%EN4K 8) P10*
J-#Q -" 46 364#Q;< '#32#
855N61KR ( K/% B%4% KD8E%6E1K1O%EC 41O16. 6%D ;/86% 5EK #% #% 866% K186E K /1;;16. 8DK86
"B/N#B 46J/#" J-# M463.
( E/D% K1;E 86 /8P K8 ND% .8>1E1K8DE D% 68K 448P%# K8 /884> /% /# EKDK%# E/8P16.
94/#" 6QC 4" "B6N# J-#3
K/%5E%4O%E" 6# /O% 4NEK%D%# 16 D16. 6R %4% KD861 #%O1 %E 16E1#% E1.6E 8) 16 8O%5%D MT9MF J6 962/# CJJ/64< -#Q -"
K/% E544 K8P6 8) D%%6 63" %EK /%D /8NE% E E/% ERE K/%1D E1.64E K/% 48E%D E/% PE K8 P1D%4%EE 9B#9B#" J-#/B #C9# '6B C#N.
1D.161" P/%D% P10* 1E 8NK4P%# NE% /%D /%# K8 ;N4E%> -"$ 77 D8NK%D" K/% P8DE% E/% )%4K> DE DR #B2 "QC! "/,,/4, -62# M4"#B
K8 ;D%O%6K 16K%D)%D%6 % P1K/ 5 7>)- D%58O%# K/% P10* )D85 K/% )514R '#4# MC/4, C9"#C 'B63 J-#
K/% K1864 #18 EKD8685R /85%" NK
%66R 86K16N%# K8 % C4" 9/J<
*'1*'*&1%=
E%DOK8DR> /% E/8P 55/ s
31% 16#E%R" +T" 41O%E E 144 K E /884 16 %DK16 D%E> DE 0: ,6 8>+/
$$ 8$" E;1608)) 8) /#"& D% 4NE% 16 DND4 158D6%" 8DE%K> DR K/%6 KK%5;K%# K8 ;%DEN#% K/%
" #%;1 KE 86% 8) 1KE /D K%DE /% 415E E/% EKDK%# EN))%D16. /%# K% /%D 8) P10*CE #6.%DE" NK
E D% 4NE% P1K/ " P/8 PD;E )D85 %1./K R%DE .8 6# .%KE /% D%516%# E %;K1 4> /% 16?N%EK
/15E%4) 16 E; % 463%K K8 PD# E/88K16. ;16E 16 K/% %R%E" O%DK1.8" 4E8 /%D# K/K
%66R ;D%O18NE4R
8)) 5814% ;/86% E1.64E> /% DE/%E 6# D#1 DD/RK/51 1) E;83% 8) EN1 1#4 K/8N./KE 16
K16)814 /K KD8;% ( 68P 5%K;/8D %Q;8E%# K8 ;8P%D E8ND %E> /% 6CK 8O%5%D MT9- )8448P16. K/%
)8D 86E;1D R K/%8D1EKE 16 .%6%D4 PK / 6# NE%E 6#4%E )8D 41./K #%K/ 8) 48E% )D1%6# 85 885%D>
( .8%E 3 K 4%EK K8 6# .E )8D 88316.> /% 6CK NE% -$ /*! ) 7>)-
97MG" P/%6 K/% /%D8 8) E/8DK EK8DR K%4%;/86% 46#416% % NE% K/% 8D 58D% 86 %4% KD85.6%K1
R
N416 NQ4%R 415%# K/K 5.6%K1 *%4#E 4%O% /%D #%)> /R;%DE%6E1K1O1KR" E%% %8D.%

@ ;E 8) 5%K4 )814A 8N4# 48 3 K/% O%6 E85%86% NE16. 5814% 16616.CE @D1%6#E D%6CK %4% KD1 A
%))% K 8) 516# 86KD84> -$ /*! ;/86% 6%D /%D 51./K D16. 86 6 " 6# 4E8

7 7>)- 6;/R4 K1 E/8 3> 8 .8 E/8;;16.

>
KKE
OOO<'6BJ#4J/3#C<63
"#

99#B )S #4J! O-6
"#2B#" -/3C#2' 41BM9J
2CJ
M2Q! 6O4C )K.B663 64.
#$ !
4#J/MJ 34C/64 -# 6M,-J
'B63 /1# QC64! O-6 ,6J B/"
6' /J O-#4 -# O#4J 41BM9J

/4 LSSK< QC64 6M,-J /J 'B63
/J-M4/4 /396BJ.#P96BJ#B
'/4, 41BM9JQ! O-6 /4 JMB4 6
6NDR MT9-" RD16 46J-#B '1# C392#
6M,-J /J 'B63 J-# 41 J-J *Q%D 4416. /15E%4) 6' B#" 3#BMBQ! J-/C 64#
'6B#26C#" 64 /J O-#4 J-# N 5D 5%K 21/#1EK CM996C#"2Q '6M4" /4 B=<
6B/,/42 6O4#B! #403/4 /CJ/! 8556#%D 16 4 R#"
,6J 4/4# Q#BC '6B 'BM" 'J#B RD16 K8P6 6%D K/% K3% K63 516% ;DK )8D
-/C B#2 #CJJ# #39/B# "#. ND31E/ 8D#%D K3%6 8O%D K/% D%# 5%D NDR>
2B#" 41BM9JQ< -/C J1#C R %E/ < = )%P #RE 6
N6% MT9+" ND31E/
MC 1 J6 J-# M/2"/4,AC %D41%D> /% 8556#%D" 6%PE .%6 1%E D%;8DK%#
64CJBMJ/64 /4 85$) '6MB )8D5%D 1.D%KK% O%6#8D K/K ;1D 8) %8D.16E
41BM9J 6O4#BC 64 J-# JB6J< 368P6 E 15E/ <D1 )8D DDR16. D%# 5%D NDR /#
90$( +4 9&= 8>+ N 5D
6%P E% ND1KR /1%)> %E/ E1# K/K ND#1E/ .D8N;E
J# 21! KF! -C CJBJ#" 8556# 16 8EN4 /# 8;;8E16. %E/ /# %%6
MC/4#CC C#22/4, #C- : ; 16EKDN K%# /15 K8 ;D8 ND% D%# NR16. D%# 5%D NDR" 6#
26,6 2NJ6BQ 99#B /4 2/,6! 5%D NDR> D% 18NE 6# DD%" K/K 6 EE8 1K% /#
B#24"< 9( ++ 8>+< %Q %;K18644R #6.%D8NE 6# 56.%# K8 8K16 E85%"
%Q8D1K6K4R %Q;%6E1O%" 1KE 864R K8 % DD%EK%# 16
;D8;%DK1%E N65K /%# R 6R 63D %)8D% /% 8N4#
-/C1Q C#4J /4J6 C9# -C 85;8N6# 368P6 K8 E 1%6 %" % D% 44%# K/K /1E 8NE16" N648# 1K> 4E8 16
N6%" K/%
B#JMB4#" O/J- > "/''#B#4J C#J D%# 5%D NDR 1E K/% EKN)) 8) *./K%D )8D
K 40NED" <6 D8 8#14% 86K K%# N 5D
6' C361Q *N6MBC J-J -N# #885E#R #R#D%5E> 8D#16. 40%# )*41K%= /# K84# /15 O1 /KE;; K8 16?N1D% 8NK
46J #46M4J#B#" -#B# 64 K8 P%440KDO%44%# K4%E" EN1K E%0 K/K NED *./K%DE /# K3%6 D%# ;D8.D%EE 16 /1E ?N%EK )8D D%#
BJ- #'6B#!? 6B"/4, J6 /JC E1S%# D%# 5%D NDR #%O1 % 8N4# 5%D NDR PD/%#E )D85 68P0 5%D NDR" NK 68K 486. )K%DPD#E
B#J6B! B /22 M3C"#4< N/2 D%K% K/% 1KR0,KK%616. 4EK 8) #%)N6 K D%%4 .D8N;" /ND 4 R# )%44 K8 K/% ND#E 6#
6' M43JMB#" 32J 'B63 J-# 6N 4%D 85> 40/5" P/1 / K/% 21/#1EKE /# K/% D8 8#14% )%44 E14%6K>
B"#, /CJ/22#BQ 64 J-# 6J. /% D8 8#14% 8))%D%# N; 8O%D;8P%D%# 16 MT9L" %Q% NK16. /% 4%.%6# 8) D%# 5%D NDR
J/C- /C24" 6' C2Q OC C#4J
K8 JM"'TT"TTT <;4NE JGT"TTT 1KE 4%#%DE> % KD 3%# #8P6 %.6 16 8NK 97GGF 161K144R" 1K
J6 J-# 4J#B4J/642 9#
86NE= )8D % / N61K 8) D%# /1E 8NE16 6%D K/% )D86K 416%E PE 44%# BD%#C % NE% 1K 5%
JJ/64 /4 J6#B LS88!
5%D NDR 5K /16. K/K E/8P6 16 8NKE1#% K31 K8 DD6.% )D85 K/% 8O1%K 6186> N58NDE
264, O/J- 9BJ/2#C 6' -BB#"
61< 46J-#B N/2 6' J-# C3#
;/8K8.D;/E /% E%6K K8 N 5D ;ND /E%" NK K/% KD6E K186 8) 1KE ;8P%DE .16%# %QKD
O-/C1Q OC 1#9J 64 J#BB O1 /KE;;> /%E% E/8P%# 6 PE E N;;%D%# P/%6 K/% 8NE16 KD K186 )8448P16. K/%
(B3 '6B 639B/C64< -# 8486. 82% K K/% E1S% 8) /8K ENE;% K%# K/% NEK85%D PE 844;E%" P/%6 K/% D%5416CE
#P9#B/3#4J OC "#C/,4#" J6 #8. N6" ;;D%6K4R 5#% 8) %E/" EP8D6 %6%5R 8)
K D5E ;D8.D55% PE 16 #1EDDR>
/4N#CJ/,J# -6O 3/B6.,BN/JQ 162% K186058N4#%# ;4EK1 " P1K/ 40NED> /% E84% E8ND % )8D /% %4NE1O% EKN)) % 5% K/%
''#JC J#B9#4#C! 6396M4"C /84% K % / %6#> K PE K/% %Q K K/1E K4% 1E N 5D" K4316. K8 4 3 5D3%KCE 5DO%448NE %41Q1D>
J-J ,/N# *N6MB J6 '66"C 4" 413%6%EE 8) 6 82% K K/K 16 MT9L 28ND641EK
/1O%DE 16 ND3%R> K 8N4# #8 458EK 6RK/16.
26-62< 9( *90$0 ( K/% 1/6 %PE .%6 R 16 ND3%R @%# 5%D NDR /E D%# 848ND" E/#R 41%6K 51./K 6%%#! .N1#%
:06$10 3 ,6 8>+< /# 44%# D%# 5%D NDR D8 3%K 6# K/%D% 1E 5%D NDR K/K /E K/% 51EE14%E" E/1%4# 82% KE )D85
PD/%#> 6 K/K E%" K/D%% 848ND 8) #D3 488#" 6# K/%D% 1E D#D" %?N1; D8.N% EKK% P1K/
5%6 P%D% DD%EK%# 6%D RE%D1" .D%%6 5%D NDR" P/1 / 1E NE%# )8D )%DE85% P%;86E ( %O%6 ;D8486.
%6KD4 ND3%R> 1./K )88K.% E%QN4 %6/6 %5%6K" 6# E14O%D 41)% 413% K/% /148E8;/%DEC
E/8P%# 8)* 14E 16 ;D8K% K1O% 5%D NDR 1E NE%# )8D 5%#1 4 K86%> K P8N4# KND6 N; 16 K4%E
EN1KE ;;D8 /16. O6> /% ;ND;8E%E"A E1# * 40*" 6 8) E5N..416. 5*E" NK 6R
;D%E%6K%D #% 4D%# K/K K/% E%1S%# N6)*41K%# E5440K15% E5N..4%D" E5;4%E E%1S%# /O% 16OD14R
D8 3%K 85;86%6K @PE %Q516%# K4316. K8 /1O%DE 16 )& R K/% KND6%# 8NK K8 % )3%" E85%K15%E
R E1Q #1))%D%6K 16EK1KNK186E" RD160ND31E/ 8D#%D> @/% 58EK E85%K/16. E E15;4% E 8D#16DR
16 4N#16. K/% ND31E/ 6%D.R %Q;%6E1O% KR;% 1E 44%# 488# 8) 5%D NDR 51Q%# P1K/ D1 3 #NEK>
NK/8D1KR" 44 8) P/1 / )8N6# K/K K/% 4O%E" P/1 / 1E K/% #D3%EK NK K/% 4%.%6# 8) D%# 5%D NDRCE
1K 86K16%# D%# 5%D NDR> /% KR;%> .1 16E NE% 1K K8 EN5586 ;8K%6 R 41O%E 86 ( P/14% 1KCE 68K
41?N1# 6 NE% 4D.% %Q;48E186E #2166>A 6 E8NK/%D6 )D1 1K 1E 6N 4%D" 1KCE %O1#%6K4R O1D4> &5-
6# 1E P8DK/ $9 5144186 ;%D 41KD%> %41%O%# K/K D%# 5%D NDR 6 : (/# "%0 7) (9 7>)-
K 1E NE%# )8D 16K%D 86K16%6K4 % )8N6# 16 5141KDR 5N61K186E" 8D CE D%;8DKE 86 D%#
D8 3%K EREK%5E 6# /R#D8.%6 ;DK1 N4D4R 46# 516%E" P/1 / 5%D NDR R N4 1%O%316.
85E>A /E 4%# K8 E%O%D4 #%K/E> 6 MT9L" <977L="
8R6K /%D2%% <9777="
N 5D 415%# /% /# )8D 16EK6 %" E1Q ;%8;4% P%D% O1# 5416. <MTTL= 6#

P1K6%EE%# K/% K%EK16. 8) D%# 3144%# 6%D DD%" 15P%" KD1 3 D;ND <MTTG=" E%%
5%D NDR E5;4% 16 K/% RD16 R 4EK 16 K/% /85% 8) )1K/ "
"

"
8D#%D K8P6 8) E04016 16 MT9L> /%4%D> /%R /# %%6 KDR16. K8
" >
" KKE
OOO<'6BJ#4J/3#C<63

/++((-% 19@(+:7 :C%%:@:

* ,&-(:, :/ @&@ -G
+@9( !+ (: 5C(*+G ,%-(!4
@& :, 19(-(1+ E/9*:
#46*37#-' .+)*65 *#8' $''0 1$5'48'& (14 /+..'00+#X $76 9*#6 241&7%'5 6*'/ 4'/#+05 # /- %/+/%(+ :+ C9(-%
/;56'4;T 57))'565 6*' #059'4 /+)*6 $' #0 +/2146#06 10'T 9@&5C*: (@ /C+ :(+G
19/C ,(++(/-: / D/+@: /D9
9@&5C* +(%&@: @ +9% 9 1/@-@(++G -/C%& @/
* @/ @ +:@ A<A

E&- - E9/@
/ @& (@(: / +(
- C9(: (-% :@9/G G
- 9@&5C* /,1-( G
9@ @& 1&-/,-/- 91/9@
: 9@&5C* +(%&@:4
@(++ -/@&9 1/::((+(@G (: @&@
@& :@(*':+(1 / 9/*: 9C(-%
@/%@&9 ,G @(-% @&
6(,,-: /+C,-: / !974 &(9 9G:@+ +@@(: @&@ ,* C1 @&
/9, D9(:; @&G ,G 9:,+ 9/*:4 %(- /,1C@9 ,/++(-%
++ +(%&@-(-% 1(++9: / +C &: :&/E- &/E @&(: /C+ 9:C+@
+(%&@ +(%&@-(-% :@9(*(-% C1E9: (- +9% +@9(+ C99-@: 9C--(-%
/9 :(,1+G E(9 C9/94 : C1 9/, @& %9/C- : +@9/-:
C-F1+(- 1&-/,- %/ @&G /9 ,/9 C9@+G +@9/- &/+:
9 : @-@+(:(-% : @& : (- @& +@@( 9 (:1+4
@&@ @&G :/,@(,: 9:,+; &(+ @&(9 C: (: :@(++
@&9 (: -/ EG @/ @++ E&- /9 C-*-/E- - (@ ,G @&@
E&9 @&G E(++ 1194 C@ -/E @&9 9 :D9+ ( 9-@ @:
:(- ,G %@@(-% &-+ @ E/9* 9@&5C* +(%&@: /
/- &/E @& +(%&@: E/9*4 :, @/ +@9(+4 &@ 9(::
- 19D(/C: : @& 1/::((+(@G @&@ 9@&9 @&-
9:9&9: /C+ /-+G (-D:@(%@ +//*(-% /9 +(%&@: 9@&5C*:
>

@& 1&-/,-/- G (-@9D(E(-% ,(%&@ 19(@ /- @& :(:
E(@-::: @9 @& D-@4 &(: / @& +@9(+ -/,+(: @&@
E: &++-% %(D- @&@ @& /,1-G @&,4 &(: -
E(@-::: G !-(@(/- & )C:@ /- G ,/-(@/9(-% @& @/@+
F19(- - 9@&5C*4 & -C,9 / +@9/-: 23 (-
:@/9(: E9 &9 @/ /99//9@ 9@&8: (/-/:1&94 &(: (:
- 9@&5C* +(%&@: E9 @ G -G C-C:C+ +@9(+
D(E : /+* ,G@& 2+/-% E(@& -E :@CG &: :&/E- @&@ @&9 E: 9(: (- @& @/@+ -C,9 / +' @(D(@G - :&/E: C1 (- @&
D9(/C: 91/9@: / / -(,+ @9/-: (- @& (/-/:1&9 23 E G: /9 @& 1+ 9@&5C*: / BI0"4 (,1@ (@ &: /- :(%-+:4
&D(/C934 & +(%&@: E9 -/@ & 9(-%: /- :@@(/-9G
1&/@/%91& C-@(+
1-: +/*: / 5C9@H'9(-% %9-(@4 @9(/+@9((@G - @ ,(+(9 9(D9 ,/D 9/C- E
5C* (- 0.=4 /E @&@ &G :&/E @&@ E&- :,1+ @/ ,/:@ 1/1+ @&@ 9*+ / ,@9: /9(-% @/ @& -
(: C(5C(@/C: @&9 (: 1+-@G / / 9/* E: :@9:: -/C%& @/ :@@( +@9((@G G/C %@ E&- G/C #/E / 4
//@% / +(%&@: /9 C9(-% 19/C ,(9/ 9@C9: @&9 /, G/C9 &(9 /9 :@9/* @4 @ -E :@CG G @, @
- @9 9@&5C*:4 5C(* E: -/ D(:(+ +(%&@ C@ @&9 (: 19/C G 9(@(/- - E: &1,- -(D9:(@G (- +( /9-(
@9E+ / /CC @C9-: C1 ,-G E: @@+ 9(/ ,(::(/-4 (:/D9 G &+: / (+@C: &: :&/E- @&9 E: 9(: (-
F,1+: - @& 1&-/,-/- (,(+9 ,(::(/-: E9 @@ B=II G9: %/ C@ (@: E/9*(-%: /9 @& @E/ 1+ 5C*:
(: %-9++G 1@ - G :D9+ 9(/ @+:/1: 19(/9 9 :@(++ -/@ C++G C-9:@//4 (- BI0" +/: @/ @& 1(-@94
:/,@(,: @9, 6/':(:,( @/ @& %9@ &(+- 5C* / 9/G &(-9/@ - /++%C: @ - /@& :: @& @ 1*
+C,(-:-74 @& :, G9 /(-((-% E(@& C@%9: -(D9:(@G E
9:G )C:@ E G: /9 @& 5C*
& ,/:@ /D(/C: F1+-@(/- :(%&@(-%: / +(%&@:4 :@ /C@ @/ F1+/9 E&@&9 19:C,+G : @& 9/*: %9/-
/9 @& +(%&@: (: :/, +@9(+ /ED9 @&9 ,G /@&9 @9(/+@9((@G /C+ 19/C - :&( @ /9 :+(11(-%4
@ ::/(@ E(@& @& @: @ E/9*4 @, @ - 9@&5C* +(%&@: C:(-% @C / /ED9 @&(: ++: :&/9@ /
9@&5C*4 &(: (/-(:: @& (9
/: -(D9:(@G 9+: 119 #/C94 &G - C1 E(@& ,/9 19/D((-% 9+(+ 9@&5C*
- - 9@ (@&9 %+/E +:@ G9 /- 69'9@&5C* @&- @&G 9%(- /94 6 @//* @@(/-4 -/@&9 9-@ 119
9:,+(-% @& @ +,/8: (9 %-@( C+::74 &G -/@ @C119E9 /-@(-9 !++ E(@& 9/, @, @ @& @(/-+
:- @ : /9 @C+ +(%&@-(-%4 @&@ D9G +/-% ED+-%@& 1C+:: #/C9 @(11 (@ * - /9@& C-@(+ -:@(@C@ / /1&G:(: -
- @/9 BI0" :@CG G @& 1:: @&9/C%& @& 9@&8: 9C:@ 9*: 119 - (@ 19/C /+-/+/%G (- 85C(+ @+G
(E-: @(/-+ -(D9:(@G / - @&@ @&(9 :/C9 - BII D/+@: / &9%7 &(-9/@ 5C:@(/-: &/E :(+G -
/-(@(/-: 9/C- ,/9 @&- AII @9(-%C+@ @/ 1/(-@: / :@9:: @/+ @& BI0$ ,9(- &G:(+ /99+@ E(@& 9@&5C*:4 -
5C*: :&/E @&@ /-D-@(/-+ 1 C-9%9/C-4 &G 9@ /(@G ,@(-% (- -D94 & 19@(C+9 @&G -/@ @&@ ++ / @&
+(%&@-(-% E: :@@(:@(++G 9 ,/9 ,/+ (- E&(& D/+C, / 19/+, (: @&@ @9(/+@9((@G :@C(: :/ 9 &D /-+G (-@(!
/,,/- (- - 9 C9(-% @& 9/* @: : - +@9( (/ (: /-+G :C11/: @/ /C9 E&- -/,+/C: 1@@9-: (-
@&9 E*: 19(-% 5C*4 ++/E(-% C99-@ @/ #/E E&- (@ ( 9-@ ,@9(+: 9 (- /-@@ &(-:(%&@4 //G &: @C++G
& 19/+, (: -/@ @&@ @&9 (: C-9 :@9::4 &(: ,@& +(* 1+:@( /, (- G/C9 :C (- 19(@(-% -
(: -/ ,&-(:, /9 5C*: @& /:9D 1C+:: - @&(9 &(94 9@(+: , / @& :, 9@&5C* @&(: EG4
@/ ,* +@9((@G C@ @&@ /-+C:(/- E: @&@ 9@&9 ,@9(+ 9 -/@ :C11/: @/ / E&(+ @& :(-@(:@: 9!-
@&9 9 @// ,-G 1/::((+(@(:4 @&- 1(H/+@9((@G C-*-/E- %-9@ @9(/+@9((@G4 6&9 @&(9 ,/+: - +//* /9 @@9
(H/+@9((@G (: 9@ E&- 6%/1&G:(+ :,(/-C@/9 (:-8@ ,&-(:, *-/E @&@ EG: / ,:C9(-% @& @:
:/, @G1: / 9/* 9 9@C9 19/:::7 E9 @ E/9* @&@ - F1+(- @&(:4 @ :,: @/ @& 119- / :C-
:C& : 5C9@H4 : 9 * : @C9- 9/* (-@/ %(-@ -E 1&G:(:47 C-F1+(- +(%&@ 1&-/,- ,G
0.=I @, @ @& -(D9:(@G / @@9G4 & @,8: 119 6+ ' :@(++ @& :@ (-(@(/- @&@ (@
/+/9/ 19 /9, + @:@: E(@& @&9: &D - +//*(-% @ :C:@(-(-% &9%(-% / (-@(+ (: @(, @/ & /9 @& &(++:4
AA<
EEE4 /9@-@(,:4/,

24'5'065 174 4170&g72 1( #4%*=1.1)+%#. &+5%18'4+'5X +0%.7&+0) # %1..'%6+10 1( 410 )'
%*+/=4#5 70'#46*'& +0 145'6 #0& 0'9 '8+&'0%' 6*#6 9'8' $''0 '#6+0) $4'#& (14 .10)'4 6*#0 9' 6*17)*6T
g '/:; ;+B,, 1):

.).? )?::.. B,?B:; D)?' ?' /.; /! /D . ;'1
;1,) )!!:.? .)-,; ?/&?': D)?' ?D/ E?: ,&;4
?/ !/:- !.?;?), -F?'), ;?;
;B' ; ?' ',!(,)/. ',!(&/? ;'/D; ?'? 'B.?:(&?'::;
')-: /: ?' ',!(,)/. ',!(&, ? /?; @AHHH F:; &/
&:)!".4 /D ?' );/C:F /! ;:); DF !/: !:-).& ?//+ ://?4
/! .)-, ;+,?/.; ? @AHHH-A ' ,/,)?') 1/1, &:/B.
2@%%#HH!?A3 ;)? ? /:?' ;? B1 D), /?; ?/ !/:- $/B:
:- .: ).?:/:.
).&;?/. ). D')' ?'F -F 'C /), /:

/:;? :);; ?' 1/;;)),)?F ?'? + ).?/ ;)-1, $?:
:/. & :)?/.; ' 'F:)(.)-, /:).& ?/ :? :)/??) )11)
-/.;?: -F?'; ;)-),: ?/ ?'/; /! /! ?' .)C:;)?F /! ,/:. D'/
?' .).? :+; ;/1/?-).; - ?' );/C:F4 'F ,;/
. &F1?).;4 ;- ?/ 'C '? ?' &:).;
' /.; 11: ?/ 'C . !/: &:).).& ?'- 1:'1;
,):?,F :::.& ). /:: ?/ :F ?'- /B? ). ?' /,:
?/ :? 'F:) ;?;4 '; ,)-? /! ?' ?)-4 '); D/B,
).,B /D D)?' '/:;9; ,&;< ,;/ 'C - ?' &:). ;):
'/:; D)?' /D9; '/:. 1:/?:B).& !:/- ?/ &:). . ,/.&:(,;?).&4 '); -B,?)(;?&
)?; !/:' :?).& ?F1 /! B.)/:.< 1:/;; D/B, 'C . ?)-(/.;B-).&
/D9; !-B: D)?' '/:;9; '//!< . B? ."),4 ' &:). ); .B?:)?)/.,,F
;'1 D)?' ?D/ '; )?; /D. ;/-D'? C,B, . ?B:.).& )? ).?/ $/B: D/B, 'C
!:&-.?:F /. . 1:/?:B).& !:/- )?; . &// DF ?/ ?:.;1/:? )? D')' D;
:: . ?'? /! B,,4 ?9; ./? +./D. )-1/:?.? !/: ,/,)?') ./-;4 '); );
D'?': ?' .)-,; D: ;?)?' ?/&?': ./?': E-1, /! ?' C.; -
/: ./? B; ./ ;?:).& /: ;).D '; F ?' :C??). B,?B: D')' 1:/B
;B:C)C4 ' :'/,/&);?; , F ),; ?'./,/&F :?D/:+ . ,/:? B:),
B;;,, . B, '?'- /! /B:.-/B?' ;F;?-; B:).& ?' 11: ,/,)?')4 &
.)C:;)?F 'C ,;/ );/C: ;:); !! ! #(
/! )G:: 1):).&; /! )!!:.? .)-,; .
.)-, 1:?; ).,B).& ?D/ E-1,; /! .?), ./D :'/,/&);?; ,)C ?'?
*D,;; /D ;+B,, 1): D)?' '/:;9; /.;);? /! 0#H ?/ AHH :/B.'/B;; /:&.); &:)B,?B: ).,B).& .)-,
,/D: *D . /-1,? /& D)?' ?': . $/B:);' !:/- :/B. 0HH ?/ 0H 'B;.:F . :/1 B,?)C?)/. &. ).
/D -.),; :)?).& !:/- )?4 . 4 ' :/B.'/B; D')' 1:/,F ' ?' ), ;? :/B. 0HHHH B?
::.&-.? ).C/,C 'B-. ;+,?/. D??,(.(B D,,; . ?'?' ://! .,F;); /! 1,.? :-).; !:/- 'B.?:(
F/B.& D/-. 11:; ?/ 'C . D; ?D. @#!? . #H!? 200- . 0#-3 &?':: ;??,-.? /. ?' ;'/: /! ?'
;:)" ?': D; . ).)?)/. ?'? ). )-?:4 ' ).')?.?; D'/ ' . /! ,), ). ./:?':. ;:, +./D. ; ',/
': ?':/? ' . ;,)? !/: ).& ). ?' :&)/. ;). /B? %HH )?': ).)?; 1,.? B,?)C?)/. :/B. A0HHH
B:) ! /D. /. /! ??, ;'1 -:& D)?' .).? /:;?9; B:/?:)&; 00HHH F:; :,):4 : 'B );;
/& . '/:; /.; :!B,,F ;/:? ?/ ?:) /: D: ;B11,.? F ?'-4 '?C: /! :( ,. .)C:;)?F . '); /,,&B;
-)::/: ?' /.; /! ?' D/-. ?' ?' ; ?' :'/,/&);?; 'C .- E-). /B? 0#HHHH 1,.? ;1)-.;
.)-,;9 ;+B,, !:&-.?; !/:- ?' ;B:! ?' ;)? B:/1/,); !?: ?' ?:)4 ': D; ? ?' ;)? . ./?) C). ./? /.,F /!
': ' :;? /. D'), ?' .)-,;9 ,& C). /! ).B;?:), ?)C)?F -?,D/:+).& /-;?)(?F1 D'? . :,F B? ,;/ /!
/.; !/:- ?' ;B:! ': ,&; :;? 2).,B).& ):/. , . /11: ;-,?).&3 0@ ;1); /! D; +./D. ?/ $/B:);' ).
/.4 1/??:F -+).& . ?E?), -.B!?B:).&4 B,?)C? ;).&,(:/1 ",;4
?': B:),; ).,B "C )?)/., 6B: ).C;?)&?)/.; ? ?' ;)? 6' 1,.? :-).; !:/- ?' ;)? D:
'/:; '; 0# -/: /D '; ?': ;B&&;? ?'? ,)! ?': D; 1!B, . B.B;B,,F D,, 1:;:C B; /! ).&
/-1,? 1)&; . ?': -/: /-1,? 1:/;1:/B;7 ;) : B;;,,4 6,?'/B&' ':: . ?'. /C: F ;)-.? .
/&;4 /;? /! ?' 8'F:)(;?F,9 8-)E(.( ?' ;??,-.? D; :,?)C,F ,:& ?': D?: D')' ;, ?'- ). ,/D(/EF&.
-?'9 . /?': ;:)" .)-,; ? ?' 11:; ?/ 'C . ./ !.;)C /.)?)/.;7 ;) : );;4 ' ;)? ?'
;)? D: !/B. ). 1)?; B.: ?' .?:.; 1,); /: :-1:?;4 ' ;:)" /! ;/ :,);? E-1, /! ;-,,(;, B,?)C?)/.
?/ '/B;;4 '; D: 11:.?,F B& -.F .)-,; . ?' B.B;B, ?:?-.? !/B. .FD': ). ?' D/:, ,;/ F),
?/ ;?/: !// ;B' ; &:). ). ?' //, /! ?'): /.; ); ,)+,F ?/ ;' ?/?,,F .D $).? ;)+, ,; ?'? D: 1:/,F B;
',+4 ?9; ,)+,F ?'? ,, ?' ;:)"; D: ,)&'? /. :/. & ,)! ;F;?-; . -F !/: ':C;?).& :, 1,.?;4 &:).).&
- ). ?' ,? ":;? .?B:F D'. ?' ;B&&;? ?'? ?' .).? :)?/.; ' ,)!; ;, ;? ":-,F /. 'B? $//: ;?/. ?//,
;??,-.? D; ).& &:B,,F ./.4 /: -F?'/,/&); D')' ).C/,C 'F:)); !:/- D')' -):/;/1) :, ;?:'
'F : ?'/B&'? ?/ 'C . 1:? /! .)-,; *B;? ; ?' .).? :+; '74 &:.B,; D: E?:? ; D,, ;
/--);;)/.).& :)?B,; 1:/,F ::) " $' % #( B.)5B );?:)B?)/. 1??:. /! ;; :/B.
/B? ? ?' -/-.? '/B; ; ?/ $'

! ## $' #( ?'); ?//, 1:/C) )?)/., B.5B)C/,
,)C ). ,?'/B&' ?'); ;/B.; /C:( C). ?'? :, &:).; D: :/B&'?
;1B,?)C4 ).?/ ?' 'B? . 1:/;; ).?/ $/B:4
:?), EC?)/. . &/1'F;), . .,F;); /! ;?:' &:).; /. . .).? $! #" $' $ !!
;B:CF ,;? F ;'/D ?'? ?' ;??,-.? ;?/. &:).).& ?//, !:/- ;/B?':. ?,F # $' #(
@@=
DDD4!/:?.?)-;4/-
;;H ,/;- ,( 1;/<4 D(- F<
-/D- H /,,-AA/;< (- B. A;,<
/" D< ;-%(-% ";/, 9/;/-: A/ 9/H'
D%%;;:4& "E/D;(A HI-A(- A&-(5D
F< A/ D(+ D1 (IIH(-% +/-% /,1/D- /"
(-<D+A(-% )A(E< A;(* (-&;(A ";/,
&251(5 ;(<A/1&-< 4%4

7D++'"A&; ,//-'<A;D* </- /" %/A8
20CA&'-AD;H IAAI< /- ;(E+ <&/+;34
7/D -,'-D;AD; <&(A'A;8 2A4
H,/- A1&;<A<34
7/D ";(A/; /" #+A&H //*< &A(-%

--*1; //,(<; /" A;D,1A<8 2/ A&
&(+/</1&;34
7 <A,,;'<1*(-% E;H <A,,;(-%
7;,+(-% <&;(*(-% +FH< <A,,;(-% ,/DA&8 2<, /
<F;(-% </,/- A;/D-(-% <AD-A /D+-:A %A FH F(A&
<&/DA(-%4448 /;A *$ A&A (- ,/;- -,H'1,H 1%/%H34
$ $!-' 2<&/;A <A/;H ,< ;(%&A A&/D%& A, A&A F&-
%#%0 /"= "4
(, &//; //<E+A F(<& A/ D<
A(-,H; ' ( $'* //;/F (+</- <A & /D+ /, D1 F(A&
" $ ","* F< 7/D HI-A(- /%/A&A!8 2"+"
+&'"*+' CJJ 140J>34 $$ $ "(+ *( 0.J34
+<<(+ /1;/++( E; (- -%+- 9+HA(-%: 2/,1A(A(E
-/,1<< ,(+ - (-<D+A<3 F< 1/1D+; ";/, A/
/;<4 /+HA&(<, &*<1; 2%-;/D< G,1+< (- D%&<34
1;/E( %-;/D< +<<(+ 1;/D; G,1+(# (-
&+1(-% /" %/< A/ (-E/*4 /; 2*'( 04 $3 -(;%(+ 2 $+ B3
- &;A; (- +DAD<:< F&; <&1&;< &D;+ ;/D- D<A(/-< /"
( ,-% 0$ <A(+(AH 9&1'<&%%;: &< +/-% &(<A/;H4
(A(< 1+D< 7- ++ -<(A(E ;;< <A/1 &;4& -(-A<
A& /A&; %/< < F++8 D-';(A(<&+H ( -/A ++ & /A&;
1;/,1A(-% - /-+//*; 9-*;<: +(AA+',-A(/- A(E(AH4 DA
A/ G+(, 7/H - & 9/D ;(*: F< "E/D;(A ";/, AD++D<:<
<F;!8 1/A;H A/ /D;A;//, &*+;< A/ -/-H,/D<
D+D< ++(D< 2** ;&H1;/%;1&H 27A <&(A H/D 1;(*<!34
*( C-'-AD;H 3 AD++D< ++(A;A(E+H D ;(E+:<
,(-A(- /,- F/,- &(<A/;(+ F;(A(-%< 7<&(AAH <&A< /" <;1'
-E; <F/; H ;D+< 11;8 ;A(+ </,/H:< 1/,< 7(A "/;
/; ,- H <A/;4 ;&1< <&(A84 (;/ D A& -A 9<&(A: A&
(-11;/1;(A "/; A& +A/;A 9/,D+D<:< D-%'&1:4
9F*; <G: A/ (-E/* A& (A(I-:< /,1+(-A %(-<A ,;(-
,&/ %/ /" <A;-%A&6 /,(- /;% ;+(-:< 0.>$ F(;+<< +(A-H
<A/;:< -, 2<D%%<A(-% /" 9& (% (G8 /* D-A ;A D* (<<
9&<A:3 <D(A F/,- </ &(A F< D1&+ H A& D1;, /D;A
1;/+H A// <(<<H "/; A& 1/G F&/; A;A ;,;*4 -/A +A/%A&; A&(-% (" H/D "E/D; A&
+<4 -+(* ;A(+ - /,1(- %;"#A( -/ % 7-</;<&(1 (< A& ,/A&; /" +(-%D(<A(
- /A& &$ 29H /++DG:3 F< 9"/D;'+AA; F/;<: (- A;/-(D< /DA+<< < (-E-A(/-48
1A+H ;/<< %-; /++DG DA -/ /%:< D-;+(<A( < A&(; <- ";/, $'' 2A
$" . "* '( $$ 20...3
/++/*< -A((1A(-% -*-:< 7//A+% +<A F&- D< A/ FA& (A3 A&/D%& F&/ +(, ,/<A ;(A< -:A ,* <-A-
1;/"-(AH8 29/++H: 9/<&;-: 9/;+(,H:3 *-/F< F&A <;A <A/+/%H +D;* &(- F(A&/DA 1;A((1(+ D< /" A& 'F/;= "4
A& &/1 (-% A& %/< F(++ -/A ;/%-(< A H-&:< 7&D"" A/ (AA+ (-A ++<86 ;F++:< $-" " +* "
$"$" " '(
A&,<+E< (- <D& <D<A(ADA(/-< 1;(-(1+ &- &;A; <H< 7& /+ <D*<8 2&BC34 - A(- +*+$ 2D*3 - +""+(
E(-A (- A& ;* 9/ A/ A& ;/F<: (- +(D & A*< ;"D% (- ;*4 (E- A&(< <D& 2D-A3 F; 1;(,;H +(A;;H /<-(A(<4
/" 9/ A/ ++:= "4 A& /,- E;(-A 2A&-*< 1;,(AA G1;<<(/-< < 7 /A F/;A& H/D; +H /; -/A A&H F; -/A D< G1+A(E+H4
A/ ;D(#G(/-3 9/ -% /- A& ;/<<:4 /F- 1(<<8 - 7 &
D1(A; H A& ++<8 9D*(-% ++: F/D+ 9+*+"( '+(: DA
;A- *(-% &,-A&D< /DA+F /E(/D<+H & +(AA+ /; -/ <&/* E+D4 -/ <D& +/DA(/- G(<A<4 / ;</- F&H -/A
(E(- (,1;A(/-< ;1+(-% F(A& 9H -/A&; &;A; D<< "++/F'%D<A< < DA (A< <- ";/, /,1(- %;"#A( +//*<
A& /%: 9H A& //<: - <D-;H /A&; 24%43 9+H1/A: 9<&+A&;: 9D;+H' (<(E4 ( /,- H/DA&< -E; <&/DA
I//+/%(+ I11;<4& -(- D;< F< -(/-:4 /<A /--/A <AD1((AH4 /,1; +*+ ""! A & /A&; /- AD;H -(%&A<6
"E/D;(A /" /;A< 11;-A+H D-(5D A&< ";/, D%&<:< +(<A /" ?B 2-'" , A&(-% F(A& +""+( <E %;"#A/ (,
A/ &(,4 -H & A&(; 1;(EA ((/,<4 - 0..03 9+1A: 9(;&: 9;*: 9;D(A' A ,+ &/,/<GD+4 A&;F(< /,-<
+DAD<:<
** '*"" &;A; *: 91I: 9F(A: 9(1+(:4 F; -/A <5D,(<& /DA ++(-% & /A&;
(-E/*< 1(-A;< 1++< - DG(< +(* A&-( <+D;< /D-4 11/(-< 9D%%;;: 9/*<D*;:4 9D-A'+(*;: F&(+
<H(-% 9H (<</: /; 9H /*-H:4 F; 1;/E;(+ ((/A<4& /,- 7A ;A(+ ;AA+< /- /DA &$&&.(!* +""
9/D-: - 9/%: < D;<< -A; 1++ A&
F +(E A&A8 (< /D; 7++ (A A/ 2D-A';A<34
-%+(<& 40JJJ - 0BC$4 - -(-A ;(A(<& A& ;(-<48 /; <*< 7/D F-A , A/ + 2/D ;<&/+3 F< +</ E/(
F; /,(< - #+,< ;,-< F; "/;E; ";A (- A& "< /" A& (;D,(<
F<68 -+ (-EA(E (-% ,(-+H A& 1;<;E
;H(-% -"+"! +<<(+ G,1+< - -%+(<& "E/D;(A ,(%&A
;/,:< /" ;(1D< (- &(< /;I+ D,,(% ;/+
;-% ";/, /,; A/ A;/-(D<4 1;A ";/, +,<A(-% ;(E+ A&/+/%(- +%(D< < 7/D A&;A-(-% A;<1<<;< 7 :++ ;, H/D A&;/D%&
-/A(-% A& +/F<A A&;/F A ( 9/%: F< /AA(<& /;;(%'A;84 H/D; ;<&/+<8 A4 "4 ;*;:< '&
+</ <+-% "/; 91;(*: &- ,1+ </1 "/; /D: F;/-% A/ G1A +(AA+ /;/;/+/%H 20.3 "/; D,1A- /A&;< ;< %;A( ;A(<6
$+ "*"'4 9//<: & -/ -(-A ;/A( ";/, A& 2/"#(++H A +<A3 1(/D< HI-A(-4 2-/A&; /+( DA %//( (< /;A
1(%; &*<1; ;/D%&A A&(< 1+A;H "#-% - +(-(-% GA- H/- +,1//-< ;E<:< +*+' $ -'" " !&'$&'
1/D+A;H (-A/ "'. '* 20$.03 A/ -/A A/ F/;*< /" <&/+;<&(1 F/D+ -+(E-
"+ 0.B?3
@@=
DDD4!/:?.?)-;4/-

9'.%1/'5 # 0'9 .1%#. )*156 *+5614; (1%75+0) 10 10' '46(14&5*+4' 6190

) 2=( 2C. +>)24<> C2=C#2= 502H +0 4=C =0) 2# =KK26 )> C .>C CH2 ()2>C> > H.. > F42= F0240 #2= ELL J=>7

C +> 0=.J 0CF=J >+0 0C+8F=+0 +C>.# ) (0=C+20 0,2J+0( C)/ 0
2H= J.J H=2C 9 C +> )2HG= 0
0(.+>)/0<> 4F.+=+CJ C)C 42>>>>+0(
2>+20..J +0( C2 C)/7
0 C) .>C #2F= > )F0=> 2#
4=)4> C) /2>C +0C=>C+0( )+>C2=J 0
>2/ 2# C) /2>C #>+0C+0( =.+> +0 C)
4/4).C> 22-.C> 0 /2= .CC=.J 0C+=
22-> 2F/0C+0( .2. ()2>C> )G +>>F
H2=. ) +> +C)= C22 /2>C 2= C22 F.. C2
C- 2F0C 2# C)/7: 5
#=2/ >/.. 4=>>>7 )+.>C >2/ = (F+>
H=+CC0 #2= C2F=+>C> 0 G+>+C2=> C)> H2=->
313167 = F>F..J )+().J +0+G+F.+>C+ 4=2F
2#C0 C)+0- 2# J.J<> H2=> 5+C J .20 FC)2=> .2=+2F>.J 0 F0>C+0C+0(.J
J
0C 0 2.+0 2= +0 C)+= .>>+ C.2(F+0( C) )F0C+0(> 2# C)+= +//+C

% "# " 31@E6 =&C+0( )2H = C+0( H)2..J +0400C.J 2# 0J
#2= C) /2>C 4=C H (2 2FC .+>>#F..J =>=) 2J ./2>C F0= C) >.2(0 ;.2.
F0H= 2# C) /F.C+4. .J=> 2# )+>C2=J ()2>C> #2= .2. 424.<7 )+> +> #2=CF0C
/0+0( 0 >F4=0CF=. .+# C)C G.24/0C >+0 02 % 2= $
>F==2F0 F> C .. C+/> 0 +0 .. 4.> >CJ. (F+ +> 42>>+. #2= =+C+07 2C 20.J
02C 20.J =2>> 0(.0 FC C)=2F()2FC 2> C) )G >F=4.F> ()2>C> #2= 20
C) H)2. 2# C) =+C+>) >.>7 +0 C) 2F0C=J +C )> 02F() C2 $.. 20C+00C7
31C) 0CF=J (0=C+20> 2# #2.-.2=+>C> 0 =C =+C+0 +> .>2 C) /2>C 20C+0F2F>.J
4>J)+ +0G>C+(C2=> )G (..0C.J C=+ C2 /44 = 20 =C) C)0-> C2 CH2
4=2G J.J H=20( C .>C > 20=0> 0CF=+> 2# C) =00 F=GJ 0 G0
C) 2..C+20 2# ()2>C >C2=+>7 2/ C2H0> C) /2>C F=>2=J CC/4C C2 4.2C ()2>C
0 +C+> >/ C2 )G =+) )=G>C H+C) >+()C+0(> >220 >)2H> 02 G0 +>C=+FC+207
=C+0 #/2F> .2C+20> ! >F) > C) 2H= #C0 =42=C> >/ C2 200C=C
2# 2020 /4C20 2F=C . C) =>> +0 =.C+G.J >/.. 42-C> ! 02C 0>>=+.J
=-C +0 +0F=() ./+> >C. ==J 400C F420 424F.C+20 0>+CJ ! H)+.>C
2/=2J >C. +0 G20 0 H>C .=( >HC)> 2# C) /4 >/ ./2>C
J +0 2CC+0()/>)+= ! =2FC+0.J #CF=+0( H)2..J =#C 2# )F0C+0(>7 2/ 424.
+0 ()2>C.J (F+> 0 (KCC=> /0J C+/> )G >4F.C 2FC =C+0 => +0(
>+0 C) +C2=+0 =7
2)0 0(=/<> ;H+02H =>< /2= 4=20 C2 ()2>C> C)0
#" % " 2C)=>7 2HG= C) =.C+G >0 2#
" " 53'6 C..> /0J 2# C) >/ ()2>C >C2=+> +0 4=C+F.= 4.> /J >+/4.J
>C2=+> > C= 0=H22<> &"" =&C C) >0 2# 0J20 /-+0( C)
" " 531@D67 2F0C+0( ##2=C C2 =2= C)/7
>F) .>>+ C.> 2/> C) C=+C+20
F>C F0C+. =0C.J +>)24<> C2=C#2= +0
//*
222'"(. .)'"
=C#2=>)+= H> 20 >F) .2C+20 2/+CC
#=2/ .. /,2= ()2>C )F0C+0( (F+22-> 0
(KCC=>7 G0 +0 =C#2=>)+= #2.-.2=
C) C2H0 H> 20>4+F2F>.J >0C H+C) C)
/2>C +.+(0C >=)> 2# 2F0CJ .+==+> 0
0H>44=> CF=0+0( F4 >/.. )0#F. 2#
=42=C> C C) (+00+0( 2# C) E3>C 0CF=J7
FC #2=CF0C.J C)+> .0- >42C 20 C)
()2>C.J /4 )> 0 =>> H+C) C)
44=0 2# #" ""
4F.+>) +0 C2= EL3% J .2. =C+>C
00+
/4 C2 H)+) H> 4=+G+.( C2 4=2G+
#2=H2=7 C /20>C=C> ,F>C )2H 2//20
()2>C.J I4=+0> = +0 =+C+0 C2J
0 )2H C)J / +0C2 C) #=+ 2#
2//F0+CJ .+# 0 >)2H> H)C J2F /J $0 +#
J2F >C 2FC +0G>C+(C+0( J2F= 2H0 .2.+CJ7
=>20..J ) .20( >F>4C C)=
/F>C ()2>C> H+C+0( +>2G=J +0 +>)24<>
C2=C#2= )+>C2=+ C2H0 ,F>C '% /+0FC> J
C=+0 #=2/ C) 4+C.7 > )+. ) 0
C2. J C) )F>0 2# /J /2C)=<> 2F>+0 FC)2= 0 =C+>C
00+ /4 )=20+.= 2# C) C2H0<> ()2>C.J .2=7
2# )+> 2H0 I4=+0 >+0( C) ()2>C 2#
H2/0 +0 C)+= )2F> .20( 2020 2 0 H2/0 +0 0 2.*#>)+20 =>> +0 +C> #=8F0C> /0J 4=C> 2# C) C2H07 .+/4>
=.J 20 /2=0+0( +0 31' 2= 31'17 H> )F=)J=7 )2>C.J >2.+=> 0 4C+0 /2>C =0C.J +0 EL3D >) >=G> >
>F= +C H> C) 4=G+2F> 2H0= H)2 (>> +0C= #=2/ C) (+00+0( 2# C) 31C) 0CF=J F>#F. >4(2C #2= .. /00= 2# +G=>
)=>.# +0 C) -+C)07 ) 20.J 44= 20 )F0C C) (=2F0> 2# +0/+.. 2F>7 /0+#>CC+20> H+C)
00+ /4 =/=-+0(
2= CH+ +0( C=C >+/4.J > /CC= 2# .J=+0C) 2# CF00.> >F442>.J =F0> C)C 9 C H2F. >/ C)C C) =J J +>
#C =C)= C)0 0J F> 2# #= 2= H2==J7 0C) C) C2H0 0 /0J F+.+0(> ./ #2= 0J ()2>C.J C+G+CJ: ! G0 F>+0(
F. )=2FI =/=- +0 )+> 22- 2G = C=2F. J 4)0C2/ #22C>C4>7 CH2 4F> C2 >F##= $=> 20 C) >/ 0+()C +0
% 531'6 400 #2..2H+0( C)= 0 I/4. H> C)2> )= #C= C) 31@"
/20C)> )+-+0( =2F0 C) 0C+= 2>C.+0 =#F=+>)/0C 2# C) ..+0 0 +>C= )2>C> 2#C0 /0+#>C +0 )2C.> 0
C)C G=J >>+ C2H0 >/ C2 )G F+.+0( 2+CJ C 2 DE 2CC= C=C7 CG=0> 0 C) 2=( 2C. 42>>>>>
4.>F= (=0> 4FCC+0( (=0 H= 2.+ >F//20 2FC #2F0 02C)+0( FC F42= 02C 240 #2= ELL J=> /.
//2=+. $>) 0 )+4 >)24 =2- 0 /J>C=+2F> >=C) /=-> +0 C) H..44=7 4)0C2/ +0 C) ..= 0 ()2>C.J H2/0
0J&2>> >)24 +0(2 ).. 0 /F>/0C F+.=> CC/4C+0( =02GC+20> H= >= /F== J F=(.=7 )44J +C2=+0 (+=.
= G=+2F> 4F> /J C)C= 0 J 42.C=(+>C ##C>7 2F0> 2# >2/ >-+4> C)=2F() C) = 2# ) .- +20 0
)+0> =>CF=0C .. C) 2.0 . F0-02H0 4=>20 H.-+0( C2(C)= H+C) C) >4C=. -02-+0(> 0 =44+0(> = )= +0
52= >+/+.=67 0 >2 +C 4=2G> H+C) ()2>C>7 >0>C+20 2# 4=>0 = 2# 2F=> C) C) >/.. = +0 ) C=7 0H)+. ) 2-
+>)24<> C2=C#2= +..F>C=C> H)C G=J /2>C F+8F+C2F> 2# /0+#>CC+20> C)=2F()2FC C 2-=+.. 20 #=8F0C J )=.> 0
)F0C C2H0 >)2F. 42>>>> 0 /J C) 7 .. HJ00 0 .C= +- F=4+0 )> +G+. =
#2F0 C)=2F() +.+(0C .2. 08F+=+>7 0J 4.> .+/ =J J 0 >4C=> 0 4=2G+> C) 2002+>>F= 2#
4)0C2/ 2) 0 )2=>> )> 2H0 +>)24<> C2=C#2= +> 02 I4C+20 >2/ )F0C +00> H+C) .. 20 2F. H+>) +0 )+>C2=+
)F=) 2 H)+. C +).<> )F=) +0 =F/2F=> )2.+0( )= C2 #2=/= 0F0 0 ()2>C.J >>2+C+20>7
4C20 2 )> /J>C=+2F> .- >)4 H)2 2//+CC >F++ 0 H)2 02H ) 20.J C)+0( C)= >/> C2
>)2=C( 2# +> .- 2( >+()C+0(> 5H)+)
= G=J =(+20.6 FC
00+ /4 )=>.#
) 0 F00=G+0( 02F0C= +0 )2=.J 0
20 >F00J FCF/0. #C=0220 4= J
H)C
00J 0.> )> F 0 ;K #C2=
/2/0C<7
00+ ) 0 .+>C0+0( C2 C) ..>
2# =22-> 0 2C)= H+. +=> H)0 9>F0.J
C) 02+> >C244 0 .. H> C).J 8F+C7
CC= >+.07: F0.J #=2/ )+0 )=
C)= / =F>)+0( >2F0 0 .22-+0(
=2F0 >) >H 9H)C 0 20.J >=+ >
2J 2# .- += ! =- />> ! .+-
>)4.>> .2- &44+0( +0 C) H+0 >4
4>C / 0 &J =2F0 C) 2=0= C2H=> C)
2CC( -02H0 > =2H> =2#C7:
00+ (2C C)
+/4=>>+20 C)C C)+> H> >2/C)+0( /.+(07
+C) C) =F>)+0( H+0 +C =/+0> / 2# 0
2F0C #=2/ 2.JH.. 2H F##2.- ==+
+0 " " 531%'6 J
/>
0CH2=C) J7 = 2=.J >=+
.2.> >+0( )F( =- #2=/ 4>>+0( C)/
H)+) >/ C2 >J 920<C #= / #= /J
#2..2H=": #2..2H J .>C 2# H+07 0 ELL'
/C +=C >00C 2# = 2=.J H)2
C +).<> )F=)? )2/ C2 /J>C=+2F> .- >)4 0 4)0C2/ .J +0 0 2.*#>)+20 =>>7 20$=/ C)+> > 20 2# )+> (=0#C)=<>
//*
222'"(. .)'"
>C2=+> 5C)2F() /=.J =4C+0( +C 2> 02C
/2F0C C2 0J 2==22=C+2067
+..(> 0= +>)24<> C2=C#2= )G
>2/ 00+G=>=J ()2>C>7 +G 4)0C2/
/20-> 44= C =F()+0( C $G*J=.J
+0C=G.> 0 = 0IC F C2 H.- 20 3L J
EL3A? 0 4=2>C+CFC /F== +0 31L@ +>
=F/2F= C2 H.- C) >C=C> 2# C020 20
3E 4C/= G=J J=7
)> = ,F>C >2/ 2# C) ()2>C> .2((
+0 #" ""? H)C +> .=
+> >F) >C2=+> (2 - > +0 C) =
H+C) +00F/=. 4=...> C)=2F()2FC C)
=+C+>) >.>7
/20( C) )=/> 2# )+>C2=J 0 +C>
4FKK.+0( .>>20> +> C) =.+>C+20 C)C
=(=.>> 2# ,F>C )2H /F) G=+C+20 C)=
+> CH0 =(+20> C) >+ 4CC=0>
2# )F/0 )G+2F= 2 02C )0( 2G=
C+/7 +C)= 2 ()2>C>7 # 02C)+0( .>
C) I4=+0 2# 44=+C+20> 0 C-0
> /C4)2= #2= C) .>>20 2# )+>C2=J
+C>.# +..F>C=C+0( C)C .C)2F() G=JC)+0( +>
+>)24<> C2=C#2= +> =+) +0
2/4.C.J +##=0C +0 C) 4>C 02C)+0( =..J )F0C +00>7 ) C= +> 02C #2= +C> >4C=.
)0(>7 0 C) >C2=+> )+0 C) )=C=> -02-+0(> 0 =44+0(> H)+. )44J +C2=+0 (+=.
H)2 2/ ()2>C> H 0 +0C+#J 2F= ..* =F0> C)=2F() C) = 2# C) .- +207
C22*)F/0 >.G> 0 H >)= C) >/
.=/ =C+20> > 2F= 0>C2=> H)0 >+.)2FCC H+C) 02 +>C+0(F+>)+0( #CF=>7
C)+= 4)0C2/> =CF=07 2HG= (=C C) )J /2G +0C2 C) H22 = H+C)2FC
)0(> +0 C)2F()C C)02.2(J 0 >2+. 4C)7
2=(0+>C+20 0 +0 )2H H .+G H2=- 0 )2F> 0= C) 2=0= 2# =+. J +>
4.J ) (0=C+20 F0=(2> C) >/ C=2F. J 42.C=(+>C 4)02/0 ./
J.+ 4=2>>> 2# +=C) (=2HC) (+0( F420 C) >4+=+C 2# 0 +=/0 H)2> 4=)FC
C) 0 =0H. H+C) C) >/ 4+C+> / 0C0(. +0 )>C0FC C= C)C
#2= 4+0 0 4.>F=7 ) (0=C+20 )> =>+>C0 0 .>2 CC +0 C) #2=/=.J >C22 20 C) >+C7 0 F0J
+C> 2442=CF0+C+> #2= >.#*>>=C+20 0 #> =C+20> C2 ()2>C.J 4)02/0 20 C) 4=C /2=0+0(> )+.=0<> .F()C= )> 0 )=
+C> 2H0 )2+> CH0 (22 0 G+. 0 2# 2C) >4C+> 0 .+G=>7 C =0(> #=2/ +0 >)24 +0 2FC) C=C7 0 ! G=J .2>
CH0 C/4CC+20 0 C=0>007 ) 0 G2+0 2# )F0C 4.> .C2(C)= C2 C2 )2/ !
00+ 0 0+()2F= )G 0
20CIC )0(> FC C) #F0/0C.> 2# .0-C 0+. 2# C) I+>C0 2# 0JC)+0( 4FKK. J )=+0( 02CF=0. G2+> )2+0(
C) )F/0 20+C+20 G=JH)= =/+0 C) 02/.2F>7 J=.. =(F C)+> +0 )+> .20( C)+= =2 F.**> 5
00+ /4
>/ 2/40+ J C) >/ >>0C+. 4)+.2>24)+. H2=- 531%367 4=>7 2//7 3L EL3%67
.+# +0 C) =CF=0 2# C) 7 92/C+/> C) 4=02=/. +> 4C G0 +# H 002C I4.+0 C) =42=C>
)C)= 20 >> +>)24<> C2=C#2= > #+=.J >+.J > H)0 #2= I/4. C=+C+20 2# .2. ()2>C> H 0 F0=>C0 C)+=
-=24 F420 H)+) #0C>+> = +0( >F442=C> +C 2= H)0 +C 2/> )+CF. 4=00+. 44.7 )C 2F= .2>>C ()2>C
4=2,C 2= 20C+0+0( /0J C+G 42=C.> > +0 C) > 2# C) 4=00+..J )F0C >C2=+> 2 +> 200C F> H+C) 2F= +//+C
C2 H2=. J20 C)+> 20 C) F020>+2F> )2F>7 0 >F) >> C) 4)02/0 = .2.+C+> 0 C) 4=2>>> H)+) >)4
/+0 2# )F/0 +0(> >/> C2 C H2=-7 C22 4=>+>C0C C2 0+ >2 C)J = 0 #2=/ C)/ 0 C)F> H+C) C)2> H)2
2= >4C+> C) F020>+2F> 2= >F.+/+0. =H0 +0C2 C) G=JJ H2=. 0 >2 #= > )G (20 #2= F>7 >4+C C) .+/ C)C
/0C. 4=2>>> /J ./ #2= .. 42>>+. 02=/.+>7: 2= .+G=> C)= +> ()2>C >C2=+> = >4+>C .+C=CF= +0(
=42=C> 2# ()2>C.J C+G+CJ7 ) H=+C= 0 +0>C+0C+G 4=>F/4C+20 C)C >4+=+C> 2# C) C2. C)C H = >C44+0( +0C2 )F0C
+0F0 +0 " = C H2=- I/4.+$ +0 C) =J )2F> 4=2G+> /2>C +=C +/4=>>+20
#"# "% " 531E6 C)2=+> 24C+20 2# 0 020J/2F> =J J 20* 2# .2.+CJ7 )C)= 20 +> >4C+ 2=
C)C ()2>C> H= 4>J)2>2+. )..F+0C+20>7 .+G+0( )F/0 +0( +0( 4=>0C7 .+G= C) /2C+20. =C+20> CC0+0(
C 02 20 )> (2C C) >.+()C>C + )2H 2= >4C+> =C+20> G=J #=2/ 2FC=+()C C) .+/ 4. +> ;)F0C< .> C2
4>J)2>2+. )..F+0C+20 24=C> 2= 0+. C2 C) (F..+. 4C0 2# 0J )+()C0+0( 2# H=0>> 0 4=4C+20 2#
+0 4=C+F.= )+G> C) 4)J>+. ##C> I4.0C+20 H)C>2G= 4=2G+ +C #F0C+20> C+/ 0 4.7 F) >C2=+> 0 >)=40
2# -02-+0( 4+CF= 2## C) H.. 2= /2G+0( +0 =>C2=+0( 02=/.+CJ C2 C) >+CFC+207 0 #2F> 2F= >F,C+G >0> 2C) 2#
#F=0+CF= =C)= +/4=>>+G =>F.C #2= 2C) .+G=> 0 >4C+> 2#C0 >/ 2F=>.G> 0 2F= /2=C. >+CFC+207 0
/= )..F+0C+20 C2 )+G 4C+0( 2# I4.0C+20> #2= I4=+0> 20 C)2=J 2# 4>J)+ 2F==0> +> C)C
=2/ 4=02=/. 4=>4C+G (22 20 C) &+/>+>C 2# G+0 2= =>20+0(7 C)J = CF..J >+(0 C2 C) 2F=
> #2= ()2>C I4=+0> +0( .+0- H+C) J==.. >F//=+> C)> =>420>> C2 C) CC0C+20 C2 H- F> F4 +0C2 )+()= >CC> 2#
C) F020>+2F> /+0 0 .>2 /7 4=02=/. > #2..2H> 9)0 20 2/> H=0>>7
0J ()2>C I4=+0> 2F= C 0+()C H)0 C2 C)+0- 2# +C C2 0J C2 & #=2/ 0 C2 /+ C) (FJ /+0+/.+>/ 2# C) (.2.
4=4C+20> 2# C) F000J >/ C2 =+> F4 02=/.+K = C)= HJ> 2# #=2/ G+..( +C +> .. C22 >J C2 +>C=C J
0 = 2#C0 .+0- H+C) =/+0( >CC>7 C) 4=02=/.7: >C2=+> #=2/ #= HJ 20=0+0( C) 0C+>
) /0C. >CC> 2# +0+G+F.> >/ C2 FC C)= +> 02 >4+0( +C7
F>C >+I H-> 2# 424. H H+.. 0G= /C7 J 20C=>C
+0&F0 C) >+()C+0( 2# 44=+C+20>? H)0 #C= C) 4F.+C+20 2# )= 22-
00+ /4 .2. ()2>C> 4=2G+ .2>= I4=+0 0
+0+G+F.> > ()2>C C)J = F>F..J 02C =+G C+.> 2# JC /2= C+G )F0C+0(>7 0((/0C H+C) 2F= 4=>0C /2/0C H)+)
C)+0-+0( 2FC 0JC)+0( +0 4=C+F.= .C ) =J J )> 0 =42=C +0 >C. 0 20.J (22 C)+0(7
.20 ()2>C> H)+.>C H2F.* ()2>C )F0C=> =0> +>44=+0( +0C2 )(7 (=2F4
>.2/ G= =42=C >+0( 44=+C+20> H)0 2# 4)0C2/> )G 0 =42=C H0=+0(
3 $
4=C++4C+0( +0 0 +0G>C+(C+207 =2>> C) 3EL 0= C) C +).<> % !*4*4!+#0& ) 1 ("
)CG= 20<> >C0 0 F020>+2F> =2F02FC 2FC 3L4/ 44=+0( +0 )."(3 ()) -!'!!
DD@
HHH7#2=C0C+/>72/
!%

s , +'& .B+8 >C. 08'+8E #-< G*1G <4* ;

9%..*9 C8 .8 >. *.9 .8 4(1B1';4( I ;B*/
C) >8 >%E + ',9> #!% $
C'>% *9 C'.C 90'89 1( (
#23 A,89 . 0A0'*9 s , 99'9>,> 08.9A>.8 ',
C%. >>, 9+,' , %.+9 9>'8$',' C9 9A90,
AD>., 08'+8E 9%..*9 ', .C8 ', .B+8 >8 0A**',$ .A>
+*>9 9> .,., C8 >.* $A, , >%8>,',$ >. 9%..>
@
>. 9>E CE A,>'* 09> .,>8.**89 ) 90'89 9>>8 8.A, >%
>)* >% .A>8)3% 90'9 . 9 **.C7, .8>'.,93
'9 >%.A$%> >. %B 88'B ', >% 8.9A>',$ *CE8 .%, ,,>>

> .84AE B., 9.+>'+ 9' %8'9 %'> ',.8+
.8 /;- %'>%',$ 8' C'>% .>%8 +0*.E9 >%> % C9
,,9 8.+ '8 .8 >% 5>%*E 8' . 90'896 .8
,8E 9*,93 .8 +.8 >%, >%8>,',$ >. 9%..>3
,>A8E *9 C'.C9 C8 >%> %'> 99A8 %'+ >% $A,
., , >. >% 8 9.A>%&C9> A> % % , '>>,3 94AF 8' ', .*)9C$, +08 B, C9 ,.> *.3% 9A90,9'.,
8 908',$ ,.8>% 9 C',>89 .A> 9 +A% 0.'9., 9 % .A* // +.,>%9 8*'8 C9 '9.B8 + 9B8* C)9 >8 >%
.+ +'*8: >%8 C8 >C. A> %A$ 9>'., . 9)', >A8, E +%,' C9%',$ >% ',',> A9 +0*.E9 C8
9'$%>',$9 ', ,.8>%8, .>*, *) 8.A, >% '> .B8',$ B%'* > $8$ ', >8,9%+ 9>'** A09>3 "# (
*9> E83% 8%,' '9 .A> >% A** C'>% . %'9 ,) , ,8 .89>83 > C9 >), >. ) , *.!
>% 9'F . !G0 .', , '9 >% +9A8',$ +.8 >%, <', 1/!+2 , *8+ >,) > >8>.8
+.9> ,$8.A9 . >% /@ 90'9 8.+ >.0 >. .>>.+3 .8 >%, A>>8"E 8+3 *% + *.3 s ,',$8' 9+** 8+.>
. '>',$ 90'8 ),.C, ', 8'>', C) *>8 >% *), 9)', >.C, ?GG +'*9 1#G)+2 9> .
1>%.A$% ,.> 8.A>',*E *E % 0* . A> >% 8 C9 s 88'9>8 .,>%., .$$ #G 8C', ', A9>8*' C9 ,. 0*
*') E.A8 >A* *) C'.C 9>'** 8&8C , + >A8,',$ %'9 8.+ +, ,.8>% .,., C9 .8 8%,.0%.9 *9> A,
90'823 E+0>.+9 , ',*A % ' A*>3 ! *& ( *.! "E',$ 8.+ .% >. .A>% 8' C%, +.8 >%, @!GGG B,.+.A9
9B8 9C**',$ %9> 0',9 , C'>% >8 '8CE9 *9> A, >8,>A*9 9A,*E 0083 8
>',$*',$ ,$89 C'>% >% 9B8'>E s 0'89 >A8 4A'> *.> ', C%, % C9 '>>, E 8.C, .8> B, 9>A'9 >% 90'9
0,',$ ., >% +.A,> . >% ,C9 A8',$ @G/!3 , ! A, 8*A9 90'8 1-## "+# 2 89> ',>' ', @GG< , C9
B,.+ ',(>3 + " ! , *' 9A08+8)> ', ',)*E *9. ),.C, 9 >% *) +E9>' E >% 0*$A 9E',$ %
, *.! '9>89%'8 C9 *.9 >8 .8 B'.*', 90'83 5% 0', C9 ,.8+**E ,9 .,*E >C. .8 >%8
,9> . >% C.8*79 *'9> *') ,.>%',$ 7B , >%8.A$%6 %A,8 ', ., 90.>3%'8 '> '9
s *9 C'.C 90'8 '> +*' 90'8 C9 .A, ', A,% . % 9'3 5E >% >'+ $.> >. ,.> >* A> , A9 %.A89 .
'*9, /? ., %8 %) 9 9% ,,93 +'*E >%> % .A$%> %.90'>* +E *$ C9 A89>',$ .0, B.+'>',$3 !""" *& + *.!
9*0> > %.+ ', 8.8 ', >% 8A'> .A, 90'8 $$9 9 >%8 C9 0A9 '> C9 *)3%E
*> >.83 % C.) >. , >%E A,0) >%'8 9%.00',$ >.* + ' % , ,E *>8 s % , 8> 90'8 >%
79
>C. 0',A* 0A,>A8 +8)9 , ** 0.*' .8 "',$ C.A* %B *.9> +E *$ .8 B, *8$9> 90'8 C%'% , $8.C 9
, C9 >), >. %.90'>* C%, >%'8 %.+3 '**' D08>9 '36 A8$.,9 % >. A> CE '$ 9 >% 0*+ . %, , '9
%8 %) 9C** >. >% 9'F . ',>' >% $$9 9 >%.9 . >% *8$ 08> . %'9 *$ C%8 >% * >. > 9+** 9% C9 > 8'9)
$.* **3 % C9 '$,.9 8F'*', C,8',$ 90'8 1$,A9 B,.+ % >, >% "9%3 . D>',>'., 9 8,>*E 9 @G/G
C'>% *'&>%8>,',$ **A*'>'9
+(" 2 A> C8 A,* >. C9 *> C'>% $0',$ %.* ., A> '9 ,.C *'B >. ,A+8 ',
0 9)', ',>'.,3 +.,>% , , A*> *',$ >. 89 '> >% 8.,> . %'9 9%',3 90,> >% >%.A9,9 .**.C',$ C.8) >.
8*'8 .A8>,E >9 @G C,> .A* 9>'** ', >% 9A08+8)>3 +.,>% ', %.90'>* ', .A>% 8' ',>8.A >%+ >. 08>9 . .8.*)
',>. ,0%E*>' 9%.) >8 98% . 9B8* %.A89 '* A,8$.',$ >%8 .08>'.,9 , A.*)3% 9+'&4A>'
',$ '>>, E *) C'.C >. , '> 1.8 >%+2 9. >% 9>.8 , 9)', $8> 8.+ %'9 >%'$%3 90'89 C%'% *'B ', '>%9 ,
', %*+9.8 A> C9 9B E 8.0,3 ,.>%8 ..., . ! (" ). ( *.! 0..*9 ', C>*,9 , *E A0 >.
+'93 + ! * ( *.! 8F'*', C,8',$ 90'8 $$9 ;GG $$9 ', 9',$* 9 *>%.A$%
C9 .A, ., ,,9 .A$%> > s , 8%,.0%.' +.>.8'9> B8E C 9A8B'B3%E 8'9 >%'8
s A,'* ?? C9 '>>, E , *, 9>.8 ', B., *9> 9C 90'8 ., %'9 A* >,) E.A,$ ', 8E9>*&*') 5,A898E
*9 C'.C .A> >C. E9 .B+83% B,.+ 8.+ >%9 9 % C,> >. ** A0 > 0>8.* C96 C%'% .,98B>'.,'9>9
>8 9 '*9,3 % (A9> 90'89 , )'** ', >C. %.A893 > 9>>'., ', ,>8 ', '%'$, .A,> >. +.,'>.8 >%'8 ,A+893
$>%8 C9%',$ 8.+ >% *', , *9. A9 0',A* .A8&%.A8 , ' >. A9 *'$%>8 >. > , 9'> ,8 >8A+09%C
', %'9 +'*E79 ) $8, ', 8>'.,9 , '9 ',$ 9>A' 8+.B >% .,',$ 8'>>83 , ', >% .8.*) 8.9 C%8
8,.8 C9> .,., C%, 9 0.>,>'* A8 .8 8>'* *+9 4A')*E ,B*.0 >% >% 90'89 C8 ',>8.A ',
0', *') >%A,8.*> >.8 E9A,>'.,3 !" & +$ 0>8.* 0A+0 1, 089A+*E @G/@ #G ,A898E C9 C8
>%8.A$% %'+ 8.+ >% ) . + , *.3 >% 90'823% ''.> 8+ .A,> ', @G/! A0 8.+ /# >%
%'9 % 9,',$ %'+ 98+',$ %'+9* >. 9.+ D>,> E 9C'>*E E8 .83 . , >. C.88E
',..893 > C9 .,*E C%, %'9 s , A$A9> $,A', 1,.> *92 0A>>',$ .A> >% 8 C'>% , >%.A$% >%E 8 %8+*99 >.
8.>%8 0.',> >. 90'8 *) C'.C 90'8 >%> %'>% D>',$A'9%83 + " * ( %A+,93 !" + ) (
., %'9 9C>9%'8> >%> % 8*'9 !GGG&+'* 1GGG)+2 >8,9>*,>' *.! *.!
CC>
GGG7#1;B /B*. <71.

!
" ""
! %!&

# B( $F <4 * < 1# ;(*/1 ;1< -*F B1I
BG1 1# B( . 5B( '; B /*/ / B(
F/6
( BI4*--I <41;B< 1/ (1;/ / B(
1B( ; B(; 5B( E.B;/ #;*/ G(*B
/ #;*/ -,6 ( BI4*--I <41;B< BG17
;I ;; -I (1G F ; H 4B*1/< B1 B(*< ;E-
;*< / 1/ <E( H 4B*1/ (< -B -I
/ /1E/B ; / 4(1B1';4( */
.**:< B1<( B*1/- ;, I >C)I ;)1-

*. *<1/7 <( G*/' *B< <4 * <: /1;.-
BG1)(1;/ 1/*B*1/ 5/ -<1 *B< BH1/1.*
/. 6 B( E-B -, ;(*/1 #$ #$
5B;/<-B*/' < 9BG1)(1;/ BG1)(1;/ :6 */
8E <B*1/ -<1 ;< <- / ; EB *<B*/B*F
#1;G;)E;F*/' B(*; (1;/ <4;1EB*/' #;1. B(

@
/B; 1# *B< ;1G7 B< HB; (1;/ G1E- /1B
E< B(*< ;(*/1 ;1< /I *<1.#1;B= / *#
; <E-B*/' #;1. /1/)' / B* F -14. /B-
/1;.-*BI 1E;;*/' G( / B( ;(*/1 G<
#2BE< *B G1E- /1B */( ;*B I /I 1#
*B< 1##<4;*/'7 # E< I .EB/B ' /
(1G F ; *B 1E- */( ;*B " B(*< -BB ;
<*BEB*1/ 4;1-I H4-*/*/' G(I B;*4- )(1;/
( B(; )(1;/ -, ;(*/1 </44 I
-, ;(*/1< G ; 1/ 8E*B 1..1/ ;1E/
*. *<1/7
( / F - //I (< -1<B *B<
.*:< , 1E/'7 ;I4B1J11-1'*- 1// B*1/7 #*;I 4 /'E*/7
..."
0
" "+&.$&
#( ))2)&
+(
(
# #$ #$ !!#0$ +-
$ I ; /( *(B(I1-1'*<B
/(#0#
#

$!((

1
## ; ;/1*< (;1E<<< B < E41/ BG1
("( ) *2 " <.4- <4 *. /< 1# B(*< <.-- $<( E'(B
*/ B( ;*B* 1## ;1B*7 -I (1G F ;
*B G1E- /1G 44 ; B(B B(*< (1/1E; (< /
@ @

B G< /1B <1 -1/' '1 B(B <<* < , ;< ; <*/ #1; BH1/1.* ; <1/<7 / ; /B-I
G ; '*//*/' B1 # ; B(B 1B-/:< .1<B 4E-*<( 44 ; B . 1# ; < ;( ;<
#.1E< .I<B ;I <B G< /1 .1; 5-GI< ( I B-*/ .;*/ 1-1'*<B ;/ <1
<<E.*/' 1# 1E;< B(B <( ( F ; *;-1/'1 1.4; 1/ 1# B(1< BG1
H*<B 6 E B1 B( ;B( */ ; /B I ;< <4 *. /< G*B( .- <4 *. / 1# B(
1# /1B G1;B(I ; 41;B<7 / . ; DK3% -1< -I ; -B / F - //I #!!#0$
(1G F ; ;I .4 -- 4 ; 1# B( #$*-
- <.4- */ B-I:< I;;( /*/ /
1( << 1/<B ; *'(B*/'< '*<B ; G< 1E- /1B $/ /I BH1/1.*--I <*'/*$/B
-*'(B B1 //1E/ B(B DK3% ( / *## ; / < BG / B( .7 1/< 8E /B-I / . ; DK3% (1G F ; B . 1#
9F*/B' : I ; #1; <E( ; 41;B<7 - << E< "
- G< #1;.--I /. ; < ;( ;< #;1. G -/:< /*F ;<*BI 1#
B1 <I ./I -*. <*'(B*/'<
# ; 41;B / <;* GI , */ 3!!K / < B( B'1 / E<B;-*:< /*F ;<*BI 1# <./*
( I ; EB < .4 -- 41*/B< 1EB B( BG1 <4 * < ; 44; /B-I 1/<4 *$ B( 4E-*-I //1E/ B(B B( 4;*/*4- G
F<B .+1;*BI / ; *-I H4-*/ / B . (< ; 1.. / B(B " +-
$ -/ 1/B*/' /B 1# " # G< F ;I
; B( ; #1; -*.*/B #;1. 1/<* ;B*1/ <(1E- 1/<* ; ( ; #B ; B1 . ; -I *## ; /B ' / B*--I #;1. B(1< */ E<B;-*7
#1; *B*1/ B1 B( ; '*<B ; EB */ DK3% B( +E/*1; <I/1/I. 1# "
- G*B( B( BG1 1; 1F ; B( BG1 ' 1';4(*- ';1E4< (F
; '*<B ; ( #1;.--I 4B /1 # G ; " +-
$ <4 *. /< */' . B1 *## ; /B --< B11 G*B( # .- < ; <41/*/'
B(/ $F < */' E/ H4-*/ I /1;.- /1B(*/' .1; B(/ .BE; .- < 1# " 4; # ; /B*--I B1 B( --< 1# .- < #;1.
4( /1. / B( .1) . (/*<. #1; ; 4;1EB*F < 4;B*1/
-#$$&%%)%&#$($ $$ 3KC 5DK3%67 - */' */ BE;/ B1 <4 *B*1/7 ( E<B;-*/
$(#*2 (

0(
$((0
#$& #*;I 4 /'E*/ (< 1;*/'-I / E "
*2 "
-
G*B( " # */' ; B*/
( / F*<*B*/' E<B;-* / G -/ < B( /. #1; G -/:< <4 * <7

*/ DKK? /1B 1/-I <G 1J /< 1# #*;I /B ; <B*/'-I <.-- 1-1/I 1# E<B;-*/ #*;I
/ 30!? F B ;/ ;I4B1J11-1'*<B ; ;/; 5, -*BB- -E 6 4 /'E*/< +0!(+
# 4 /'E*/< (< / #1E/ */ B'1 ' / B*
EF -./< G< (1/1E; I B( /.*/' 1.*/' <(1; 1/ /*'(B 1/ (*-*4 <-/ 1## /-I< < 1/$;.*/' B(B B( < B'1 *;<
#B ; (*. 1# / G <4 * < 1# .;*/ - //I -1E;/ E<B;-* EB -<1 <4* <*/'- ; */ . . ;< 1# B( E<B;-*/ <4 * <
1/ 1/ *;*B*;* B/'* B( #.1E< *<-/ ;B( ; B(/ 1# B( G -/ <4 * <
*; </BE;I 1## E,-/ G -/7 #1E/ -< G( ; */ B(*< E-)*<-/ 1E/B;I "
B B( B*. ( /1 * B(B 1E;B <I 1# /1B( ; E/ H4 B *<1F ;I / 1/ B(B
B(B -1/ -BB ; *; : /1E/B ; B( /) . /< B(B G -/ *< /1G (1. B1
E/; 1'/*< < 4;B <4 * < E< BG1 < 4;B /1/)*/B ;B*/' <4 * < 1# #*;I

B;*B*1/--I B( < B*/I 4 /'E*/< (F -- 4 /'E*/7 ..."$ /" &#$
# #$,
/ B(1E'(B B1 -1/' B1 1/ / B( ,(
(,
+$(#

,
,.,1

,
<. <4 * < B(;1E'(1EB B( *; /B*41 / ((,!+$,
#,$( (,$! $ % %2
*<B;*EB*1/ ;/' 7 *2 "
CC>
GGG7#1;B /B*. <71.

>=E . =-*= *> 3=1-H
>,*/' (=>-# B( GB >.
7D>B*1/6 />F=> H >H*/'
(1F B*.-H B( F*B( * *>
#1= 1D= .1=/ '6 1= >B=B
*B 1##=> B( (/ 1# .'* /

/(/B./B 4 == 1..1*BH

*/ / */=>*/'-H =B*1/-
>1*BH56 DB B( F*B( *> 31B/B
( -H B B( >H.1- B11 1/ B(B 20@J>
1D/B= (/> . .H
-B>=> / >,
7D*, 7D>B*1/6 9(B 1
H1D B(*/, 1DB F*B(=#B8: (
(D,->6 9*B(> =/B> / 1B(= .='*/-*>
'=1D3> 33=13=*B > E*E*
1D/B=D-BD=- (=1 $'D=6
*B*.*> / D> F*B(>
*B(= */>>> 1=
1/.*- >*.3-H *'/1= B( B=*B*1/-
/ >F*>( .H 1/BB->> *B =7D*=./B> 1# 31F=? E/ B(
= 1E= B( .(*/ -*, (11,)/1> (' ( B( 31F= B1
F/6 9DB H1D<E / >=E*/' (--/' / B==*#H DB(1=*BH6
B(. -- .1=/*/':6 ( 31*/B 1DB '/= '*E> D>
/ >( (>6 <= */ B( .1>B F,F= .1./B 1# B(
B( #B=* 1# 1->.*B(<> H F(*( 1.> D=*/' 7D>B*1/
1--' */ 1/1/ F*B*/' #1= B*.6 (*B >H> ( F1D-/B=B6 (= B1 >3, #1= #.*/*>B> >*/ (<>
= >1. CJJ 313- .*--*/' ./6 B<> 3>>*/' 1../B
1DB */ (= " #1=B/> DB '=D.-> */>B/B-H =*33-
>3B*> #1-,-1=*>B>6 / 'DH #=1. #F =1F> ,6 9(H
>BD/B */ (.*>B=H H1D >3, #1= F1./8:
>H> ( *>/D= F(H (<> /1B(= (*3> */ 9(! F(H
(= " ( +D>B >31BB B( /B8 (B =
*/ / />F= B( --6 H1D
H B(B8: B<> ,/)
DB ./H 1# B( =>B (= B1H +=, D>B*1/ 1# >G*>. B(B<>
= ;3=B*B*1/=><6 D/>=E6 (*B (/-> *B
( F1./ B B( F-- G3=>>*/' (*> 1E*1D>
1D/B= *>/= H B(*> >D331=B 1# 7D-*BH6 DB *B<> F(/
*>1E=H 1# F*B(>? >(<> ( >H> 9 <. +D>B (= B1 B-,
.D>6 <E B=,, =1>> 1DB F*B(>: B(B .1>B 1# B(
1/1/ 1/ (*--H 1E.= -BD= (-- 33-D>6 E=H1/
.1=/*/' #1= B( -B>B 1/#=/ =B(> '*/ / (G> =
=D/ H 4( >>1*B*1/ E1*6 (1D'( > -B=
#1= B( */B*$ BDH 1#
/ $& (/&!0+ /%!& (&&=+ 6& (>$ *>1E= (G> =/ (/1./5 !6+

#! !/+
#1= F*B(> /HFH6
F(1 (E / 9*/E>B*'B*/' 1 #= B( >3,=> (E
B( F*= >=*1D>-H 4/ B( (=*>B*/> F=/B *##=/B? *>'=> *B F> B( >*/B*>B> 3*/B =1 >F3> 1# F*B(
>=*1D>-H F*=5 >*/ 20 2:6 B(H F= --- F*B( 1.*/1D> B(B * *B6 (=1D'( .*GBD= 1# (*>B1=H6 / 1/B=>B = -/
1H<> 1/#=/ ;=*1D>-H >1D/*/' /.> -*, ;*/$->< (*>B1=H / (D.1D= ( =BB-> 1## 1=/*>( I=1> */ 1/ >*/'-
F*B(< (> >E/ >3,=> 1= ;(B(/< 4./*/' (B( B( .* =/B*-> 1# B( 1=/*>( G.3-6 '/ >H>
-*/ D3 B1 >(= E=*BH F--= >1.1/ F(1 1>/ =(*BB> -*, B( B(B
1/ (HB F> F*B( F(1
1# 3=>3B*E> 1/ F*B(=#B -1/'65 =1. B( =D>> 3=>*/B 1# =E= /=> >D##= E/ .1= */*'/*BH
/*/B / .1=/6 / B( -*'/>*/ =>H B1 B(= / (*> #B(= 1BB1/ */ B( B(/ -*#6 1B 1/-H F>
>(D#& */B1 B( -BD= B( /7D*>*B*1/ H 3*/B> 1B( F--)=>3B */B--BD->6 (= >,-B1/ 1/ F(*33 1DB
=11. F(= >*B =*'(B B B( (*--*/' 3*BD= 1# / '=/>> ( -1=B F*B( B>B> F= B1 >3* D3 >/ DB */ B(
#=1/B6 (=<> =*# */B=1DB*1/ B1 $/ /. 3D/*>( / >B=1H >*/ '1/ . /1B #*B( 20@J> >( F/B 1/ *>3-H */
DB B(/ *B<> >B=*'(B */B1 B( (=>H6 / *# B( */$-> 1.= ='D> / ( #=7D/B-H B( D>D. 1# *B(=#B */
$=>B .*/ >3,= 1=( (33/ B1 #--1F (=*>B*/> ./B*1/> B( ./H -1- -=*> 1>>B-6 > -B= >/>*B*E
H *B1= 1#

6 >1 *B6 H >B> >/ 1# F(1 F= '*/>B B(.6 /> E*>*B1=> >*
1/<> >3*=*B */ F*B( B=*-> 1# B( =-*'*1D> 3=/1* / 1=31=B H F=/*/' B( F*B(> 3=>/B -*, */' 'F3 B6 ( /
2%B( / 2@B( /BD=*> */ #1= B1 >BH FH #=1. B( >*/ =>B6 13- >B=B =.*/'
+D>B >3=*/' 1DB 1# EDD. >( B( -B= F*B( B=*-> B1 '=1F #=1.6 #1D> ..=>6 B<> 1# (=6 = 1#$/ -* F1D-
B--> D> #1= -H*/' 1DB B( (/ *B<> (=*>B*/
/>/ #D//H B(1D'(B)3=1E1,*/' >>>*1/6 >1.B*.> -1> *B>-# " >3B=-
(*>B1=*- 1/BGB B(B - B1 B( 1.= F(1> E*F 1# B( GB D3 *> ( >BD/B >*'/ 1# =B=B6 ( $/--H '1B (=
F*B( ./*6 B<> =,/, F*B( B=*-> *> #>*/B*/' / B(/ 1H- (*B F(1 >,> F*>( / F> =)D=* */ 2000
=1.3 B(=1D'( =-*= /BD=*> 1/B=1E=>*-6 ( F*B()(D/B> F(H /H1H */ B( CJB( /BD=H (= B1.>B1/ =*/' 9 1
(=B*/' B( (D=(<> '=1F*/' = D>D--H -. 1/ ,F= F1D- F/B B1 1F/ B( /'B*E 1/'= D>:6 ( #B B(B
-1E 1# .=B*1/6 1/) =-*'*1D> I-1B>6 1.= -- 1# F*B(8 ( F1./ F(1 B(=<> /1 =- E*/ B(B
1/
772
<<<+(/6&6!%0+(%
+)" #)" & + ) "*%
!'

/#0 (&.6 6

=- F1=- ##B 1# >3--> 1/ &/ 90 (
3=B**3/B>6 ==> F*-- 6!/ 9&!,9 !%%9&
'= B1 (= / /-H> B(1> 0>06%0+ / *(00!$>
=>D-B> /1 1DB6 90 6
( .1>B 3=>1/- B-, 1# B( /6!$ ( <!
H 1.> #=1. ,* *= F(1 6!/ 0#$6(&0
>(=> (= G3=*/> 1# */' / (%*(0
.1=/ H F*B(6 ( B-,> */;&60 6
1# (= B> / +1,> 1DB B( ;$(*%&6 (
/ B1 1)1=*/B #.*-*=<> 69%(9/0+ / %>
#D= F*B( -1B(*/'6 DB (= B-, "906 90 6>
*>/B &D##6 (=<> 3B( / 0( %!6>+
1DB (= D3=*/'*/' " >( F>
/ E* //*> (B-H ==
B *'(B6 ( >H> >( -FH>
D>> >1/)(/ =H>B-> 1DB
1# =>3B #1= 1B(= =B(
F(*( 3=1.3B> 7D>B*1/= B1

>, *# =H>B-> =B */ B( - /#0 ( 6 &/ & 0!&6!060 ; #&(<& 66 0!& 6 $06
F1=, > F-- /BD=- 1/>6 *=<> )'?+ *(*$ <( (&.6 #&(< !6 (/ *// &(6 6( /%%/
/1B >D= DB =,1/> 3=1-H !6 / 6(0 <( %# /6 (/69&0 0$$!& 0/# /6!$ 0
/1B6 ./ (*/ . /1> */ $6 09**$%&6 6( */;&6 (/ 9/ &/ !& 9%&0+ / !0
(HB E/ G*>B -B -1/ F> '= '=./B6 B<> F-1. &( ;!& 6( 0906 !6 <(/#0 0 %!!& & $(60 ( ;!&
F*B( *E*> B( D*/6 > >>>*1/ B(*> 3DBB*/' 3=B*- 66 !6 (0&.6 96 $! !& !60 %!$ *(</0 (&6/!960 6( 6
B(*> +D>B =/1. >,-B1/ 1= =-)F1=- # 1/ >D+B B(B<> )?? %!$$!(& 0/#0 */ &&9% 6(96 6( #!$$ > 9%&0+ (
=- 1/H)$ >1==>>8 91> / .* D3 B*-- /1F6 *= / 0/# =*/60 ; /(/ &/(90 69%(9/0 !& 87 0*!0
*B .BB=8: >,> 1=/*>( F(1 ->1 ./B*1/> >3-- >( >B B1 ( 0/#1 6 %(/ 6> 0/ (/ &/(90 0/#0 6 %(/
B(=1F> 1DB 7D*B B( 3(*-1>13(*- 'B >1.1/ //1H*/' 1DB 1# (= 6> & 6%+ 0 *(*9$/ %>6 6 &/ / 0/# 0%0 6(
31>=6 (B $/> (*>B1=*- -*#6 B >/B B(. -- B( FH B1 ; & (/& !& )''8 <!6 6 *9$!6!(& ( 060$$!& ((#
$((0$> !&0*!/ > 0(% 6& 9//&6
G*>B/8 > *B 1/-H &>( / F -/ */ #B? /1B (G
& */(*/$> 6&66!; /0/ &!&0+ 6 <0 </!66& > &
-118 = 1> >1.B(*/' 1. DB /1B 3D=-H 1B(=>)#1D>
%/!& &6/*/&9/ <( 090,9&6$> 06 9* !0 (<& 90!&00
=- /1D'( 1/ *B -*E> */ *B(=6 =(3> B(=<> (13 #1=
%&969/!& 0/# /6!$ *!$$0 & </(6 0,9$
313-<> .*/> / */&D/> . HB6 / >( DH> (= /->
+ 96 6> ! & 6> 06!$$ (+
/B*= 1..D/*B*>8 9B1=*> */ ,6 *=<> >>>*1/ B(> .
(*>B1=H: 1=/*>( >H> >1.B(*/' E*B- 1DB F*B(>
/ F1/=> *# 313- = B11 3'/> / =D*>6 (H<= >
9F*B( H B( 3=1.*> /1=.- > B(H = D/*7D6 <<<+$!;0!&+(%4)3 /6 <!6 0/# &/+6%$1 <<<+
1# ,/1F- (*>B1=H:6 (B 1D/*/' 1DB B( H %&+(/4$/&4*40/#0:/>04/:%>64%>6:*3+6%$1
B1 >1. >3B*> 1E= 1## F (E #1-,-1=*>B =, <<<+0/#0;/0+(/4&496!(&4!($(>4%>6 0/#0 (& 6
#B=F=>6 (H =/B> B=*B*1/- 6 &/41 <<<+0!&8?+(%40!&:*/!04906!&:
H B(*> (*>B1=H<>)F(B)H1D).,) F*B(=#B 1# B( 3>B F*B( B(B 1# %/!&:%>60:0/#0:(:6:&/ 3)?'1 <<<+,9#<6+
*B *? DB F*B( B--> . *B<> B( 3=>/B6 / B( 3>B B( -1- (%4?(&09%/96!(&4
<040/#+6%$
(= #E1D=*B >>>*1/ 1# B( H6 F*B( 1= ;D//*/'< 3=>1/ 1##=
( , #1= /1B(= B( ;>=E*< 1# >3-- >B*/'6
( >BD/B (=.*/ 1//G ( . -*E*/' #=1. *B / */
F(1 (> >BD* B( ;=D->< B=.> 1# E=B*>*/' B( E*--' & %!$$!(&0 ( /6!$ 906(%/0 /(9& 6 <(/$ /$$> 0(
1# >3-- F1=,6 3--> .D>B/H6 1D< $/ (= </(&- >(9 #&(< <> 6>./ &(6 ( $! %&!&$> (;/ 6( .0
(=. /H1H? B(H /B (1D> 3>B B( 1, $66/0 * & $6 90 #&(<+
>B F*B(1DB B( =*3*/B<> B= /= B( =11, 3=B 1# B(
3=.*>>*1/? / *# >3-- *> >B=.6 (> H> F*B(> =/-$>( 1= ;.<)#1D> *B<> -FH> -1--H 3=1.*//B6 1 -*, .1>B

*/33=13=*B6 1/>*=*/' < B(*/'> B( =#B (> '1/ 1/-*/6 6.0 <$$ #&(<& 66 9/!& 0
<6(&.0 6!%
0 %/ ( /$!%&6 (&$> 0*(# !& 6
3=H -*, . B(B .1=/*/' =(3> B(=<> '3 */ B(
%/ (& & 66 <0 6( /,906 6
B(B .H /1E- F1D- 'B .=,B #1= >*B -- ;*B(
$(0!& ( <!&(<+ 6.0 <$$ #&(<&+++ 96 (0
3D-*>( *B .,> . F1/= E*>1=< 1=./ >D''>B>6
&>(& 69$$> ; (&6%*(//> 0(9/
F(B(= F*B(=#B .*'(B #B= 3, H *B<> F*/ (/ !6 (/ !0 !6 "906 &! 06(/> /%(&!$$>
#*= *B .1= -B=D*>B* B(/ B*. / (/ B1 -D'( / *00 (& /(% !(/*/ 6( !(/*/-
(=*>B*/*BH6 1//G .,> (B 1DB -- F<E (=6 DB 6 $66/ </ ! !6 06/6-
. =-*> < ., =33H .1>B-H *B<> -D'(B= > >3B*>
F*B(6 = >.-- >.3- 1# (=*>B*/> (.*>B> / (*'(
*'(B 3=B**3/B> *>/B> (/' 1DB / =*/,
=3=>/BB*E 1# F*B(=#B B1'B(=6 *B(> = >=*1D>-H

> F(1- DB ./B*1/ 1# =- / >=*1D>-H #>*/B*/'?
(= D==/B >BDH >3=,> .D( / B(/,#D--H >=*1D>-H
*/B=>B6 (<> (=B*/' B( '/=1D> F*B( B( =666 $

772
<<<+(/6&6!%0+(%
"
! !

"

! "
@F 9 F F* ,@ %@AF 6@F F,0 A 6IFM A* @,$$A9 * M

0 F,1) F* M @@,J * 3F* F. 1 I6 @6 1F@M 1
K @,1) 1 @+, 1F,/ F *1,/ @K,1) A *3, A9 * M
K*,F A63@FA -. FA K @ 306I/A,J 1,/+,F @AB A*@
A*,@FA 1 K,@ + F* A0 A/ 6,1) 6@3/ 0A
@,00 A6 F/ A9 A03.,1) 1 @,1.,1) *,FAB

.?A /3F* A * 1 IA F* A0 A/1) K3@A9
1 3I)*F ,1 A@ / F F* ) 3$ 5" 3F* AF@F
A.@?A ,1 @01M9 < *J,1) F 1A,31 * * A K*,*
A, >A.@ M3I @ /KMA )1 ,1 F* $F @1331
K @,1) F* A0 A*,@F F* 1 FI@1 ,1F3 0,)@,1 A9 3F*
1 A0 )/AA A9 AF366 *J,1) F* 0 F F* A0
*M;?=
. @ // ,1 ) F* 1 F* M AF@F ),1 $3@
3I0 1F@M ,1 F,0 $3@ AF366,1) $3@ )339 F
52229 < A, F3 0 * 1 J @ 1 F*3I)*F F*F AI*
>*M @ M3I K @,1) 306/,F 0,)@,1 6FF @1
F* A0 F*,1) F*F 3I/ >6@3)@00 ? M * @ ,FM9
0;?= 3@ 3J @ 3F* 0 1 * 31%@0
*,/ F* 0 1 3@ AIA6 F * @F FF.A *
1F,/ FK,1A
. I$ 7/ $F8 1 A.@ F4*@ 7@,)*F8 @ I1,F ,1 /F @ /,$ 9
13F, A30 J /36 *03@@*3,A 1 *
A,0,/@,F, A # F* M 3F* 6IF 31 5O/ 7(9&.)8 F F* A0
$3@ A /$+6@ A @JF,31 3@ F*@3I)* /,. F3 @,1. * *3F F 06 @A F,0 ,1 F* ,@ /,J A 1 F* 1 /3AF ,F

. I$ KA 31 3$ 6,@ 3$ @3I@ $3@ F,31/ 3,/,A0 1 K/. K,F* F* A0 ),19 $F @ F* M 0 F F* ,@ $0,/, A
, 1F,/ FK,1A A 6@F A331 73I1FA ,$$ @89 1K*,/ ,1 ),F # ,F KA F* ,@ AF@. 63/,F,/ 13F A,0,/@,F, A ,1 A6 *
$F @ ,@F* K*3 /F @ 0 @,1,
. 1-3M @ /F,J /M 1 @ /,),3IA ,$$ @ 1 A F*F 6FF @1A 011 @,A0A 1 63AFI@
/ @F A AFIM ,1 F* @ $@ I6@,1),1) 6/M,1) 31 @3J F* 0 6@F9 1 1 A,@3 9
1FI@ J @AIA 1I@FI@ F 9 F* * AK,00,1) ,1 F* /,$3@1,
. I,/F AI AA$I/ * FK3
,0A * 30 F*

. KA 3@1 ,1 52GG ,1 3@F 3$ 3 1 1 1-3M,1) A63@FA # IA,1 AA A //,1) - 1A 1 K3@. %@AF AI- FA 3$ /10@. AFIM
6,1 @,1, K* @ *,A
K,A* 30,1) *06,31 @3K @9 33FA F3 $@0K3@. @A $@30 F* 3$ FK,1A A F I6 M F* 1,J @A,FM
$F* @
3A $ * 0,)@F ,1 52H2 3K J @ * L6 @, 1 *,A 3K1 . 3$ *,A J19 J 1FI//M 3$ ,11 A3F ,1 52C29
. KA
$@30 301,9 1 F* J3M) @1 3$ ,A3/F,31 ,1)
K,A* 36 1 AF3@ / @3)@ A3 1 ,1F@,)I 1 F*3I)*F * 1 A.@
3J @
3A $ $ // ,1 /3J K,F* $ //3K 7/F*3I)* A I/@8 1 K*,F ,1 K 1F F3 K3@. J @M M I1F,/ * A*3I/ 6@F,,6F 9 J @A 1 M F*
6AA 1) @ @01 F*3/, 6@ 30,11F/M /. 1 1,1 KA "O9 A.@ 0 1K*,/ 0 6AM*3/3),AF *30A 3I*@
10 /,N F* F4*@ .13K1 A @,1, K* @ F* 0,1 @ /,),31A 3/ 0,1 @ 1 K / @ ,1 F* F* AFIM ,1J3/J F AF,1) A30 DO
, A /9 K3 M @A /F @ F* 3I6/ K @ *@,AF,1,FM 1 ,1I,A09 I*@ K* @ * 0@@, 1 * 6,@A 3$ , 1F,/ FK,1A @3I)*F I6
* I)*F @ 31- 1 FK3 ) 5& * K 1F F3 /,J ,1 FK3 *,/@ 19 * FK,1A , 13F A A 6@F /M $3@ A*@ F@,FA9 I@,1)
M @A $F @ F*F F* M * FK,1 3MA9 1 NI / K,F* 1 I1F K*3 * * 3F* @ ),1 $3@ H& M @A9 F* AIA :I 1F FK3 A

. KA 10 $3@ F* 3L @
. 1I@ *I 31 1F@F,31 1 @/M 52C2 1 A*3K 3I*@?A F 0 AFI, 5GC
*@. MB A.@ $3@ 31 3$ , A /?A 06 F* 31/M I@36 1 @ /F,J
. 0)N,1 @F,/ 3IF F* 6,@A 3$ FK,1A "5 , 1F,/ 1
@ /F,J A9 ,L 031F*A $F @ F* 3$ *,A $F* @ K*3 * AI@J,J <
,0 K,1A= 6,@ 3$ *,3 FK,1A &D $@F @1/9 3I*@?A F A F
FK,1A K @ 3@1 , A / $ I6 F* 3/3IAF9 * $3//3K,1) M @ A 6@F F %J K .A K*3 K @ KA I1/,. /M J @ F3 :I//
K,F*
3A $?A K301,A,1) 1 * JM F * @ I@),1) * 03J F3 F* * 10
,0 M F* ,@ @ A6 F,J IA 03 @1 36F,31
@,1.,1) A336 I6 31- 1 ' )/,1) AFF 3$ A@ / K* @ * 36F,J 6@ 1FA 1 ,1?F 0 F ) 1, A 13 /31) @ A 6@F FK,1A9
F* 03@ A 1A,F,J $IAAM A.@ K3@. 31 .,IFN A @J A ),1 I1F,/ F* M K @ G29 3F* * AF,)0 FF* F3 ,// ),F,0M
1 @ FI@1 F3 F* I F 1/1 ')A*,6 A @) 1F ,1 F* A@ /,
,0 6@,1) @ 1
,0 K,A )@ K *A /03AF ,A66 @ @ 03J,1)
,1 @01M9 * @ , A /?A 03F* @ 1JM 1 0@@, 1 0 @,1 I6 K,F* 36F,J @3F* @A // 31 @ A31 K*M , A K @ >6IF
*1) A.@?A /AF 10 F3 1 ,@A* K*3 I@) *,0 F3 @@MB F A*33/ 3F* /,. 0F*A I6? $3@ 36F,319
F4*@ * *,0 6F,A F*3/, 0. 31FF K,F* *,A @01 1 *F A6 //,1)B 1 A 3MA 3
.?A AI@6@,A A.@ )@
1 @ @ *,0 K* 1 , A / F33. $0,/M9 3F* 3K1 3)A // @3M9 F3 0. F* F@,6 F3 F* 1,F
-3 A 1I@A 0, ,1 ,/19 1 52&(
. KA ,1J,F M *,A 3F* * 0@@, K30 1 // FF A9 * 1 F* M 0 F F F*
AF@,F F*3/, 1 *@A* $F* @ F3 -3,1 *,0 ,1 1 , )3 ,1 ,J3@ 1 F* 1 0@@, ,@63@F ,1 ,11 63/,A 3F* K3@
,A,6/,1@,1 , A /?A 03F* @ /,$3@1,9 1 1 )@ > FFMA?9 * ,@ %@AF A31A K @ F* A0 K,@ +@,00 @ F1)I/@
0 ,F / @ F3 A.@ K* 1 * @ .,1) F* -3I@1 M ,1 @01M 10 @ A6 F,J /M
0 A /1 )/AA A @3I1 F F* 3@1 @A
A. * @ F3 L6/,1 K*F
K K* @ F* M 0 F A.@ 1 AFM 1
0 A //19 3F* $0,/, A F* A0 :I,@.M /I A*,@FA K,F*
KA F*F * KA 1 J @ F3 @ 6 F K,F* *,0 $3@ K .9 * FK,1A , * F. 1 F* ,@ *3/,MA $3@ M @A 6I/ FA 1 $3I@ 63. FA 31
F*F K3@ ),19 KA F 1 13F ) F 31 6@F/M IA F* M F F* A0 A0// * ,1 F F* $@31F9 3F* * A*3@F /,66
$3@ F* A/,)*F AF F@1A)@ AA,31 K @ A3 ,A31 @F,1)/M A,0,/@ F @AI@) /3@, # @,J,1) F* @ 03IAF* A 1 1I0 @ 3$
/KMA F3/ F3 0,1 *,A 011 @A IF /A3 IA F* M 3I/ ,1 * J@3/ FA # 1 * A30 *3K @I @ 1A 31 F* ,@ K@,AFA9 * ,@
1 F3 >6@36 @? ,1 $@31F 3$ 300I1,F 31/M ,1 ,,A*B
. 13F I06 ,1F3 * 3F* @9 @ ,1) *,@/,1 A 0F* 9
3061M9 3K@ F* 1 3$ F* * 13 @01 1 A.@ 13 3F* 0 1 * K3@. A A 3I*@ @ // A6,F
K@ /,. A3 01M @01 *,/@ 1 1)/,A* F*3I)* F* M A63. K,F* F* FF 11FA F %//,1) AFF,31A 1 F* ,@ J @M ,$$ @ 1F I6@,1),1)A
* -3,1 F* ,F/ @ 3IF* # ,F* @ A0 @*MF*0 1 F 1 , 1F,/ $3@ F* A0 *0I@) @ *,1 1
. 1 A.@ A*3K <I1A FF/,1)
GGC
KKK9$3@F 1F,0 A930
"
A,0,/@,F, A ,1 F* ,@ F 06 @0 1F
1 KM 3$ 3,1) F*,1)A= 1 *
/3F 03@ ,1 30031 F*1 F*
A FA 3$ $@F @1/ FK,1A @3I)*F I6

F3) F* @ K*3 K @ /A3 AI- FA
3$ F* ,11 A3F AFIM9 3F* @
0)N,1 A . F3 $@31F 1 F*
1,1)A 3$ 33.A %@AF9 3F* KA*
F* ,@ *1A 1 'IA* F* /JF3@M
3F* $3@ 1 $F @ IA,1) ,F K3@
F,)*F F*,1) F@I1.A 1 *
*,F 3$ %) F,1) K,F* F*,1)A /,.
@I @ 1A 1 66 @/,6A9 3F*
IA F* $3I@F* 7@,1)8 %1) @ K* 1
A@F*,1) F* ,@ * A /3J A6,M
$33 1 ,66 IFF @ F3AF ,1F3
F* ,@ 3$$ 9 * M 3F* 6@ $ @@ F3
,1 /31 ,1 @ AFI@1FA IA
F* M /,. F3 @ 3J @ 0 /A9 $3@
F,1) F* M K3I/ / @ F* F/ A 3$
// LF@1 3IA ,F 0A9 3F* K@66
F6 @3I1 6 1A 1 6 1,/A F3 ) F
FF @ )@,69 * M /A3 A*@ F*
,N@@ *,F 3$ A1 N,1) L6/3A,J /M

,1 6I/, F3 ) F FF 1F,31 3@ -IAF $3@

/I)*9

. 0,FF F %@AF F*F F*
A,0,/@,F, A K,F* A.@ ,@@,FF 6!& ( !1 "1- 1-$3 1 !$31
1 >I11 @J ? *,0 0.,1) *,0
$ / A ,$ *,A ,1,J,I/,FM * 1
" 1" 61 1-$3 1 4" $- 1 "3.
51 4-7 11 1$31 4" 1$ "1-4""
F. 1 KM9 3K J @ A F* AFIM " $ 1 !$.1 61-$-"-7 $ $- $-".) $3-1 $5 $ 7$3 1 1 ." $31+
6@3)@ AA F* FK3 0 1 0 F3 3"4-. . . 1 11 "! . 4 1- - 4-$3. 1"*3./ $54-
@ 6/M $3@ 31 13F* @9 3F 51" 3.) . 7. $ $3-. "! . $ 4 !7 &-.$" 4$3-1 . 1$ .1" -$!
J @MF*,1) KA K@,FF 1 ,1 F* ,@ ) 1 A9 51" 3.) 4 3.1 ". 5$-!" $$ $- 1- $- $3- 7. " 51 $- 1
. 1 A.@ 1 J @ )@ 31 $" $ !7 -" " " ." 1$ .1-4 1" " 7$3-
,/ AF @1 63/,F,AB 1M )/ 51 ." ". .5- &$.... $7 '1 &- .
3I*@?A 3+@ A @* @ A@,
F* 0 A *J,1) 1 < LF@3@,1@M
1$ 11) 31 1- .
5 1 " $ $-.1 4
51 6$-.! - .1-"(
3&. $5" $4- $5 $
/3J +*F @ /F,31A*,6999 * M K @ -!$- . "$5 1- ! ) ". $4 ! .$"
@ 6 // 1 $A,1F M *
3F* @9= *,/ F* M 3F* @ //
& "1$ "1*317 11
.". '" " .$! ..
$" 7 1$ 5" " 3"-7 -$!
1. .1 7$3- -."1 .-&"1
A *,/@ 1 ,1) *I1F M -$. 1$. " 8-.( 4 5 . $31 $ 1 !$31 1$
-$! 1! 1$ 1! 1" 3& &-1) 1,. 5" .$!$"
1,)*F0@ A F*F F* M 0,)*F 31 M
0 F A 1 0, A 31 F* FF/ % / -." " 1 3!" $7)
. 1$ - 1 11 3-
F* M )3F 31 FF @ $F @ )@ ,1) F3 1,. & 7 $" $-
.$" 51 1 -"$""
$- " ! . 57
J3, F36,A AI* A K@ 3@ @ /,),319 ") $3" . 7+ 4
. @ // A.@ AM,1) F3 *,0 < $ &."1 $- 1 $!" & 6!& . $ %#1"13-7
K * 1 AK,F* K3I/ *J 5$ . $"4" 11 ." '1 !$.1 $1$-. 1" 1. -&$-1. .-$3. 7 "
1 F*
K 1 M3I K3I/ *J $!!$" $7 "! ( . 5- " -$3" 5 4 .. $1" 1- $". $ &$&
1 F* N,9= * 1 A.@ , ". !) -.1 $5 1 1 1-+ - 4" 17 -."1 .". 5 "1$
3$ /I1) 1 @ ,1 522C
. KA - 15$ $!!$" 6& "1$". 1- 1 1 291 "13-7 " 3-$& " 1 !-.)
JAFF IF ,1?F FF 1 F* 3"$-13"1 -" .$! 51- 51 . " " *3.1$" !3.1 &$&
$I1 @/ IA * /33. A3 0I* '5 1- 1( $- . &1 51 . 4 1. 1".) - 1- - 15$
/,. *,A @3F* @ * $ @ ,F K3I/ !$31 $&") $" $5 "$5 1 5. $4$3. &$.. 1.)
-&. 1 ."
,AFI@ F* $0,/M9
. ,A AI@J,J 1-+ 7!&1$!. " 3 ! " 1 1 ! " 6& "1$" $- "- $- $1-
M *,A A 31 K,$ IF* 71! )8 $- 1-. -$3" ". . "" !$- 5.1" ... 1 ." 1. 7$3- $$ "
1 M A31 1 F*@ I)*F @A9 $$ '3. 1 ." 1. 1. $.1,. $$( 7$3- $7 .1-1. 1$ !".) $.$"
7 -% 0
. -% $- .. $$ '3. 1- . "$ -$$! $- .1" $ &-.1. " . " . 4 !1
/)$$$0
.% HOO& M 1M $$ . 1 ." -$5. -() - $5 4 $"4" &$& 11 -."1 ."
)/98 $. 1 ." .3-44 " 1 3!" $7+ 5. - ) 1-"14 7 5 4 $"3.$"
, ) ). $ $) . . " 55- *3.1$" 4" 1 51 1 ""1 11 1 3!" .$3 "

$ ' **& $"1"1 $ 1 .1$!) 31 " &-."1 1 1 $-! $ " "! 5" 1 4. 1
!$ %) $" .$1. 1 $7 5. ." . - 7 $&" $7)
$ - +1 +# .& '&-13 - 7 " 1 . $ 5$!"() 1

. "$1 $5 ." '1$ $"1"3 51 1

GGC
KKK9$3@F 1F,0 A930
6*'
(+.'5

24'5'065 174 /106*.; 5'%6+10 ('#674+0) 4')7.#4 5+)*6+0)
4'21465X 4'8+'95 1( %.#55+% %#5'5X '064+'5 10 /#,14 7(1.1)+%#. 612+%5 #0&
*#0&5g10 #&8+%' (14
+08'56+)#6145T *'

+.'5 9+.. $'0'(+6 (41/ ;174
+0276X 51 &106 *'5+6#6' 61 57$/+6 ;174 57))'56+105 #0& 37'56+105T
1 %106#%6 *'

+.'5X '/#+.U 07(10u$6+06'40'6T%1/

g

GI

U
@ K @K /@F 031F* @5 -I1.
%? //@ 1 =30 F@> %// F* @.M 3J
1/ @*0 3? @F I$$3/. 31 *?,@F0@
D

1,)*F 42!O8 3 @F?3130 ?@ F*,@ K@
-I@F ?,@ 1F ?,1) 3I? F03@5* ? 1
I?1,1) I5 # M F F* FK3 ,)) @F J 1F@ @K
K,F1 @@ @ @?, 5*M@,3/3),/ @ 1@F,31@
@I* @ @FF, *?) 1 *,? @F1,1)
31 18 3 K@ F* ? 03? F3 F* @
5* 130 1 F*1 -I@F @5 -I1.:
@5 1F /3F 3$ F,0 @ .,1) /,1. K,F*
3? ,@F 42BO@ 3J ?F ? @ ?* 5?3- F
?$3? @@ I$$3/.8 * /,)*F*3I@ ,@ /, J M @30 @ 5F,@ F3 F* @3I? 3$ F* 42!O
/3F F ?$3? @@ # -I@F M31 F*
13I1F ?@8 ?$3? @@ K@ *30 F3 1I0 ?3I@ @ ? F ? @ ?* 5?3- F@ 3J ? F* M ?@8
$3? @F 1 *30 F3 F* /,)*F*3I@ 01M
@ 5F,@ /, J K@ F* *@ M
,?0 1 6@

78 3K J ? ,@F1 F?.,1) K3I/ 3$$ ? 13 K?1,1)A /31) $3? F* 1/ @*0 @ 8

3*1 I??3I)*@ 31 3$ F*3@ 0 1 F3/ 0 @ ,1) 0I* $I?F* ? K@ J,F/8 * *,)*+ 3 K31 ? @30 F*3I)*F F*F F*
F )3?,//M ,1 42!2 F*F * * ? )I/?/M 1 ?)M 0@ F ?$3? @@ K ? ,1F 1 =30 F@> 3$ H&DHC 0 ? 0,)*F *J
5,1,. ,1 F*3@ K33@ 1 @ 1 F*F F3 F?. ?3. F /I1* @ $?30 / @ F@. F* F ?? @F?,/ 3?,),1@ @5,F F* 35,1,31@
/,)*F8 F K@ 13F K*F * *@ 8 I@@,1 @ $?30 K*,* 3@03@ B(2 K@ 3$ @F?3130 ?@8 3? M ?@ /3/@ $ ?
3? ,@F K@ 1 0 ?,1 6J ? F* /I1* ,1 42!O8 53F 1F,//M 1) ?3I@ )3,1)@+31 ,1 F* ,?
3?,N317 ?? L5 ?,0 1F 631 3$ 3I1F/ @@ /M ,F 1 J ? K3?. 5?35 ?/M8 * 0,@F8 1 3/ ? $3/. J 1 ? 0 0 ?
IFF,1)+ ) @, 1 5?3- F@ @ F I5 ?3I1 3J, F 1,31 K@ K? 3$ F* 5?3- F 1 F* 305/ F JIF,31 3$ 3@F/ J,//)
1/ @*0 $F ? ?? ,F@ /$ K@ %?@F ,@ /, J F3 *J F?, F3 -0 ,F8 * J ?M 1 ? 3// @/ M F*F * 3I?? I@
J /35 * ? ,1 F* /F 42GO@78 *,@ *,)* ,1F 1@,FM ??M@ F ?$3? * ,@@I @ 3$ K*F K@ @, F3 F35+@ ? F K 531@
?? @ 1F 53K ?$I/ 0@ ,1F3 F* I55 ? K,F* 53@@,/ @, $$ F@ @I* @ 3?31/ ? @ ?*8
F03@5* ? F3 F F ,??$F 1 0,@@,/ @ ?,1) 1 K ? ? )? M @30 /3/@ @ 1 3$ F* 03@F ,1F ? @F,1) J 1F@
K // M31 F* I?JFI? 3$ F* ?F*8 *,@ *J,1) / F3 // @3?F@ 3$ 5?3/ 0@ I@,1) 3I?? F ,N K // * F C8&&50 31
@3?F 3$ ,@F1 @FM0, @ @, ?? K,F* ,F@ ? 1),1 @ F3 @F// ,1F ?$ ?,1) K,F* 3@F/ H( ?I?M 42B& 1 K@ 3I0 1F
03 @F F?.,1) 5,FM IF K,F* @I5 ?$@F J,//) @,)1/@ 0.,1) 5 35/ ,// 1 M /31) $3? F* )3,1)@+31 F
0,@@,/ @ 53@,1) 1 K F*? F @I* @*3?F $3?0,1) )? 1 =/3@> ?,@,1) ,1F3 F* @.M # // 1/ @*08 F ,1J3/J /3/ 53@F01
*30@ M ? CH K/.,1) *,@ /0F,1
13?F* 3$ F* $3? @F 1 ? F* F* 1 ,)*F+
M ?+3/ ,N K // 1I/ ? 5/1F8 I 1/M
)? 1,@*+M //3K 3- F /,. 1 3J ?)?3K1
5I05.,1 55 ? $?30 F* @ 1 '3F
?3@@ F* *8 F * 0,@FM @* 1 1
)/3K /,. F*3 ?M FI 8 * 3)
,00 ,F /M 3K ? *,1 ,F@ 0@F ? ,1
)? F ,@F? @@8
M ? *,0@ /$ @, F*F * $ /F ; K?0
F,1)/,1) @ 1@F,31 31 *,@ @.,1< 1 F*F F* ?
K@ 5I1) 1F 33I? /,. ;, ?35@< / $F
,1 F* ,? @I)) @F,1) 1 ,31,@,1) / F?,/
% / K@ ?3I1 F* 8 * 3) '
1 K@ $3I1 0,/ KM M F* ,N K //
@ I?,FM $ 1 @F,// @*.,1)8 M ? *,0@ /$
D
$ // ,// 1 K@ 3$$ K3?. $3? K .@ $3//3K,1)

F* 5,@3 A 1 ? @ ?* ? F ?

3*1@31 ,@3J ? F*F F* 1 ?M F3K1
3$ ,@F31 @I$$ ? I1I@I/ ,1F ?$ ? 1
F*F J 1,1)8
@I@5 F 6I1 L5/,1 F03@5* ?,
5* 130 1317 K@ ,1 F* F03@5* ? F*F

GGB
KKK8$3?F 1F,0 @830
1,)*F 1 F* ,31,@,1) $$ F@ ? ,1F?,)I,1)
),J 1 K*F K@ ? 53?F ,1 3?FI)/ 1 M
F* ,?0 1 ,1 1/ @*08 IF K@ F*,@
31 +3$$ 1FI?/ 5* 130 131 @5 ,% F3
F* ? 3? @30 3 @, + $$ F 3$ 31)3,1)
? @ ?*:
* /,)*F*3I@ . 5 ? F ?$3? @@
F3/ 0 3IF )? 1 )/3K@ @ 1 30,1) I5
$?30 I1 ? F* KF ?8 1 # ),1 M ?@
$3? 1/ @*0 # ,1F ?J, K 31 3$
F* K3?. ?@ 31 F* 1 K ,N K // ? F3?
K*3 ,1 F* /F 42CO@ 1 ?/M 42BO@ @K
J?,3I@ @F?1) ,1, 1F@ F*F 31J,1 *,@
? K F* @,F K@ *I1F 8 F,1)/,1) 1 ?)M
D D

% / K@ $ /F ,1 F* ,? 1 53K ? F33/@
? 53?F /M ;0 F3 /,$ < K* 1 13F 5/I))
,18 IF @I@5 F @30 F*,1) 3F* ? F*1 F*
@I5 ?1FI?/8 1 /F ? ,1J @F,)F
13F* ? @ 6,1 * @*,? 7 ,1 K*,* *,)*+
F * 3051M @, F*F 305IF ? @? 1@
K ? FI?1,1) 31 K,F*3IF ,1) 5/I)) ,18
I/F@ K,F* *,)*+53K ? ?? F 1 ?M
?3@5 5/1F @ 0 F3 F* I@ 8
1 ,1$ ? $?30 @I* J, 1 F*F 1 * * F ,N K // K@ F* @ 1 3$ ,N?? 13I1F ? ,1 42B& K*,/ F* 53K ? @FF,31 ,F@ /$
F03@5* ?, 1 ?)M % / 53K ?$I/ 13I)* ? 53?F /M @K *3@F 3$ @F?1) ,1, 1F@ F*?3I)*3IF F* /F 42CO@ 1 ?/M 42BO@8
F3 $$ F *I01 5*M@,3/3)M 0M 3I? @ 1
L5 ?,0 1F/ @, + $$ F 1 0M , 1F//M ,? F,318 ,F M 13F K?,F,1) ,F I5 5?35 ?/M $3? /3@,1)
F?,)) ? @8 * M 0,)*F .,1 F3 5/@0@ * 1 ,1 /F
1I?M 42!4 6-I@F 031F* *,@ 13F @ ,1 *3I@ 03J @331 $F ?K?@8
@I* @ // /,)*F1,1)8 IF K* ? 0,)*F F* M $F ? 1/ @*07 * ? $?30 I/ )) 1 F 131 3$ I@ F* 1 * F* $,1F @F 13F,31
3?,),1F ?3I1 1/ @*0: @F 1)/,+@ K?,F ? K,F* 1 ,1F ? @F ,1 // F*F F*,@ I1* 3$ ,@5?F M?1@ K3I/
* 3? ,@F 5?3)?00 /3@ 31 F*,1)@ $3?F 1 IF 13 L5 ?, 1 8 1 J 1FI//M 03?5* ,1F3 K3?/+$03I@
GO
I1 42BG @3 F*F K@ 13F F* 1@K ? *,@ K,$ * 6/,. ? 17 0 F 01 ,1 5I @ # J,1 @*3I/ 13F /0 *,0@ /$8
# /F*3I)* @ ? F 55 ?@ 0,@/, M K,F* @F3?M F3 F // 3IF J 1F@ F ?,F,@* M *1 K@ ,1 53@,F,31 F3 @ F*
@, 1F,@F F F*?3K ,?53?F ,@I@@ ?? @ 8 ?3 ? 5,FI? 8 K?3F ? 53?F@ $3?
03? 53K ?$I/ 5?3- F // 3/ ,F1 @@ @ K // @ F/.,1) F3 F*,@ 01 # ,J,/,1 1 )J 1 ,1F ?J, K $3? F* 3131
?0?. F3 ? 5/ 3? ,@F8 @ $? ?? 3$% ? F F* -3,1F ,J,/D0,/,F?M $,/,FM ,1 M 42!4 # 5?3J,,1) F* %?@F
@ *J 01) F3 ,@3J ? F*,@ 1 J ? FF31 6. @F ?1 ?7 # @. 5I/,@* ? 3? 3$ F* @ 8
*55 1 # F / @F 13F * ? 8 1@F $F ? @ J ?/ 3F* ?@ F3 * /5 0 @FIM F*,@ 1 F*3@ ?/M *F@ K,F* I@ 3FF@ %//
,1) 300,@@,31 5?F@ 3$ F* ??M ,1F?,)I,1) @F3?M8 1 3$ F* @ K@ 31 +F,0 ,1 . M )5@ ,1 F* 1/ @*0 @F3?M 1
K ? / $F ,1 @,FI 1 F* @,F K@ F. 1 3J ? 31F?,IF3? J,1 /I? K*3 /,J 13F ? $ ?? F3 ?? F?. 5,. I5 M
M F* 3? ,)1 $% A ?,3 ?3@F@ F3 $? KM8 * -I@F 5I/,@* )? F 33. 13F* ? 0,/,F?M 35 ?F3? F*F K . 18 *,@
I?35 K 1F 3IF $?30 * ? $3? M ?@8 6 7 3IF F/ @ IF ?3@@ F* 3@F 1 ? 3K @F3$F 1 K@
,0,/? J ? F* 3?,N31 1 1 ?)M @5? ,1) I?,1) KJ @3 F*3I)*F /3@F ?3I1 F* $3? @F K* 1 ?355,1) /3K
0 L5 ?,0 1F@ *J 1 ??, 3IF * 3I/ 3$$ ? @ 5F,/ * . ),J 1 F* ?? 3J ?) 8
/@ K* ? K,F* )/3K,1) /,)*F@ ,1) ? 53?F 31$I@ 011 ? ,1 K*,* @F3?, @ K ? *F 5?F K@ 1F,? /M @ 31*1 IF
,1 F* J,,1,FM8 F @ 0@ ? @31/ F*F 0 ?),1) $?30 1/ @*08 3FF@ *,0@ /$ K,F1 @@ F* 3003F,31
1MF*,1) 3I1,1) @F?31) 0@ 3$$ F* @ F* ?? 35 ?F3? * ? 9I @F F*F K* 1 @ 1,3? 3$% ?@ $?30 1FKF ?@ *
F03@5* ? 0,)*F $?30 F,0 F3 F,0 5?3I *,@ , 1F,FM K,F** / K // *,0 J, // FF31 31 F* 1,)*F 3$ HB 0 ?
,31,@,1) 3? / F?,/ @, + $$ F@8 3FF@8 ? + @F/,@* 31FF K,F* *,0 K*,/@F 42!O ,1 51, F3 @M F* ,? 0 1 K ?
3 @ @I* @5 I/F,31 F, 3I? 5INN/ @ K?,F,1) F*,@ ?F,/ F3 I5F *,@ J, K@8 1 F* KF*,1) @ 1 # F* M /, J + FF31
F3) F* ?: *,@ 5?F 3$ @F 1)/, *@ 01M 1 LF 5?F M3I K,// @ K*F F*,@ *@ ? J / 8 *J F* 0 31 ??8 3FF@ K@ 3? ?
F * 300I1,F,31 @,F @ @I* @ F* 55,/M . 5F ? 3? 3$ 0M H ?I?M F3 /33. @ K ? 3F* ?@ IF 13F*,1) 3I/
? @ ?* I1,F 31 F* $3?0 ? ?F/ @*0 42!4 31J ?@F,31@ K,F* =3FF@> 1 /I? 8 @ 1 31 F* ,? @? 1@8 3K J ? 3FF@ K@
F* D @ 6K* ? 31 3$ F* *,@ ,@ ,053?F1F I@ J,1>@ ,1F ? @F @F?I. M *3K I?) 1F/M F* 1 3
1),1 ?@ %?@F F3/ I@ F*F F* =30 F@ ,1 F* 5?3J @*3?F+/,J # * K@ 0??@@ K1F @@ F3 F* ,? ?? F I@
@.M> F*F 1,)*F 3I/ ,053?F1F78 ,1 F*F @ F* %?@F ? @ ?* ? F3 F/. F3 3FF@ F* ? * 1 /3@ 13I1F ? ,1 F*
42C2 F*,@ *@ 1)) ,1 01M / F?31, * 0 =3)>@ ? .$@F> 6*,@ K3?@7 3$ $3? @F ,1J3/J,1) 3$% ?@ 1 5 ?@311 /8
,113JF,31@ 1 ,1 42!H I?35 >@ *F M 3FF@ 0 F*
%?@F @F //,F F?1@0,@@,31 @M@F 0 %?@F ,1 5 1 1F K,F1 @@
35 ?F * ? 8 * 1 F* ? ,@ @53. F3 K*3 3I/ ? /F *?
K@ M K* ? F* %?@F *,1 $F@ 3IF F* @ 8 * @0
*30 ?? @ K@ ? F 8 F , 13F 0 ?) ,? F/M
M F* 42!O@ ,F 3$%,//M *3I@ $?30 ,?0 1 $3? M ?@8 F
)?3I1+F3+,? 0,@@,/ $,/,FM8 @ @I* J ?M @5 ,% J, 1
K $3I1 ,1 ? @ ?*,1) F* @ K 1F 31 ? 3? 31 H ?I?M
) FF,1) 31F3 F* 1FKF ?@ @ 42!4 # -I@F GB M@ $F ? F*
K@ 13F *? IF ) FF,1) 5@F J 1F@ # 53@,1) ,) 9I @F,31@
F* ?0 )I? F K@ M K@ 3IF K*F F* 3 1 F*
,053@@,/ 8 .1 K 1 K* 1 LF/M
I @F,31@ /,. F* @ K ? F* M .1 K ,F8
INN,1) F*?3I)* 0M * @ F?, LF 031F* K K,// @@ @@
F3 5, F3) F* ? K*F ? 1 @30 3$ F*3@ 9I @F,31@
1 3F K ? * ?,1) $?30 /3/@8 K*,* 3I/ FI?1 F* K*3/ /31)+
I 1/M 0M /I @ 1 F* ,? /I @ /33*3I1 @I?$ +F3+,? 0,@@,/ @ F K@ M ,1 F* 42!O@8
?I11,1) @) 3$ 1/ @*0
/33. F3 53,1F,1) ,1 @,0,/? 3? @F 31 ,F@ * "
GGB

KKK8$3?F 1F,0 @830
%/$676 )520 7+( 3$67

$"*

-#!&' -)& & )!'#!' ! &+ !' # -& , &) )# #!')& %'

+ L ? 4% 53F! J@ 2 @ 2 ?1 E+ 1@ 0I @
.-EE ?L 42 9 2 E4 E+ E E+ J-E+ 6-@E40@
H?46 ?12L @+4E*H2@ /2-I @ 2 ?M4?@9
+ ?-@ 2 %?41 -E@ + 2
4+2@42 0-1
% E EJ4 @ %4? 2 E4 @ E+ 142@E ? 42 2-*+E
H2 ? M- ?H0 + %4H2 2 @E?E &?-2* E -E -E
2 J 2 ??4*2E 1-0-E?L @-*200 E+ *-22-2* 4%
6?- A +1 ?0-2>@ EE 16E@ ??* 4% *H2@+4E@ %?41
24EJ-E+@E2-2* -E0 ?>@ 4E+ ? ? @- 2E@ @+44E-2* E
?1- @ + *H2 E4 1?+ 2 2LE+-2* E+E 14I 9 ;H2@
4H6- E+ H E 202 42 ?4? E+?4H*+4HE 0@E 2-*+E
5 E4 ?9 142E+ 0E ?
J@ @ E+ %?2E- 2 *?4 @ +@
-2 ?12L 2 H@E?- J4H0 0H@-I =E+-2*@> H6 2 4J2
@H%% ? 2 41 2 4% J+E J@ E4 E+ ?14EE @E? E -@E?-E<
41 H?-2* E+

42 2 J@66 ? 411 2E 9
E+ -*+E 4% ?4/ 2 0@@ E %H?E+ ? ? 1?/ E+E
J-E+ 4I ? 5NNN @L2*4*H @ 0E+4H*+ E+ J+-E 646H0
H?2 2 +H2? @ 4%
J@ 4% E4J2 J@ ;1H@ < L E+
/-00 9 + ? 64?E@ L %4? -*2 @? -E 0@4 4160-2 4%
.4H?20-@E@ -2 ?12L +4??-& 0/ @ ?I2E@ J4?2 4HE L
E+ J4?09 @0 60 @@ 2-*+E@ H@ L
2 1 ?- %? JL %?41 E+ 142@E ? ?H14H?@9 12
E+ @ ?-@-2* E 2@-42@ @ 21 0/ ? 0-1 E4 +I
6?E 4% 004J > 2 @ ?- @ 2 -EE 2 L E+ ? EH?
E+ 40H1- ?4@E-2* E ??-0 E+-2* E+E 4?-2*
?-4 2 EJ4?/ -? =? 4% E4 +-1 J@ ; -*+E % E G9)1
E+ 4?0@> 42 FN E4 ? 042* 044/@ 0-/ @ 0 2 .H16@
-? E 2 2??E L 0-/ /2*?44<9 2J+-0
E+ 2 ? 0E-I 0L H2/24J2 ?@42
00 @9 E ? -I 1-K
$ VWRU\ ZDV WROG DERXW D KXQWHU ZKR 640- 2 ? 64?E ?@ E?- E4
@H@E2E-E E+ ?H14H?@ HE
? I- J@A 2 @ 0 * 2 +@
-E -E H@ 1@@ 62-
WUDLOHG WKH PRQVWHU LQWR WKH QHDUE\ @ 42 2 J@66 ? 1-EE
J-E+4HE @H @@9 + ; 42@E ?
H@ 0-@E 2 ?@ -2>E ? 00L
H2 ?@E2 E+E 00 @>@
VZDPS EXW UHWXUQHG VSHHFKOHVV ZLWK 4% ?14EE E? E< # @4,00
H@ 4% E+ ? J+ ? -E
?E-2 -2I@-42 ?-4,60L J@ IULJKW DQG ZLWKRXW KLV KXQWLQJ GRJV + 2 @ 2 # J@ ? 64?E
&E-42 7@ 89 E+ ? J- 0L ?4@@ E+ 9 E+ ?@
62-@ %4004J 9 E ? E+E 21 -E E+ ;?2/ 2@E -2 4%
L ? ?H14H?@ 4% I16-? J+4 21 -EL 04?- 2 4/ @ 2 0 -E -2 E+ ?/2 @@ -@+ ?>@ 00 L< %E ? 24E+ ?
+ 1H? ? L4H2* *-?0 -2 -00 4HE+ ?40-29 4% 2-*+E J@ C%E 759!18 042* @E? E -E J@ @- E4 @E0/ HE
0 @4 J K-4 @H?% E *2 -2 4-0 J+ ? -2 J4400L 2 0?* ? E+2 640- -2 E+ 2 E+ 6?4E 2 E ??4?
?4H2 2 -*+4H?-2*
H? M E+ 0@E E+? J /@ 4%
2H?L 4*9 %H?E+ ? @- -E + E+E 1-*+E +I @E 66 %?41
.H@E 4I ? E+ K-2 4? ?9 @E4?- @ + @E?E E4 1 ?* ?4 + 2 ?-2* 4% J+-E 400LJ44 +4??4? &01 @H%% ?
2 0 @4 @+440E + ? E+E 142@E ? J@ ?41-2* %H? 4HE C-2 75'18 J- 2 -*241-2-4H@ 29
? 64?E E4 E+ 640- E+E + ? E+ 00 L@ 4% E+ 24?E+ ?2 6?E ?4H2 -E@ 2 /9 + % 10 2 40 ?H?L 2-*+E
6H6-0@ J ? *? E0L H6@ E9 + 2 4% E4J29 @?-6E-42@ I?- 9 ? @- 2E@ 4% E+ ? 0- I J+ 2 E+ @E? E@ J ?
E+ -2- 2E J@ -2I @E-*E 41 @- -E J@ ;+0% 12 2 E+ 142@E ? E4 E+ *+4@E 02/ E L *? L %4* 040
E+ 01 J@ 0- E E+ 44? +0% J40%<A 4E+ ?@ 0-1 -E 4% J412 J+4 J@ /-00 L &? 12 +?0 @ ?4L24 044/
4% 24E+ ? ?-4,60L 00 J@ 0-/ 4* HE 0 %E E?/@ + ? H2%-E+%H0 +H@29 + ? -2 +-@ L? E4 @ +-@ 400-
=+ 16-? > E+E + 2 0-/ E+4@ 4% 0-42A 2 E+ ? J ? E+4@ J+4 E+4H*+E E+ &*+E-2* J-E+ @41 E+-2* +
?4@E ? 2E0L9
J ? E+4@ J+4 @J4? E+E E+ =E+-2*> 1-*+E 112 4H02>E 1/ 4HE9 @/ +-@
HE E+ L ? + *H2 J-E+ @E?2* ? EH? 4? ; ?-2* 2 24E+ ? J-0 @E4?L J@ E40 J-% E4 0 ?E
2- H00-I2
@ ?- @ 4% -2E ?04/-2* 142@E ? 4% J+-E 6+4@6+4? @ 2E +-?< 4HE +H2E ? J+4 E?-0 E+ J+4 + *H29 + 2 H00-I2
@? @ E+E @6 -&00L E?* E ?4H2 -E@ 2 / 2 + @0 @ 142@E ? -2E4 E+ 2 ?L @J16 ??-I J 00,-1 @+4E %?41
E+ %?4,1 ?-2 411H2-E- @ 0-/ -24@H?9 2 E+ % ? HE ? EH?2 @6 +0 @@ J-E+ +-@ ?-( 0@E E+ + 4%%
-2 @ I ?0 @EE @9 2
2H?L 2 2 42%H@-42 E+ 2H1 ? 2 %?-*+E 2 J-E+4HE +-@ +H2E-2* E+ ? EH? 9 + 142@E ? -E
?H?L 53F! 2 6- 1- 4% I?- EL 4% E+ @E4?- @ *? J9 2 4*@9 EH?2 4HE J@ 0?* 4EE ? ; E
142@E ?@ @ 42 2 J@66 ? 6HE 2?L
4+2@42 16E- +-@ *H2 + @-EHE-42 -2 4-0 + 1 @H? 4HE %4H? % E 59G1
-E E ??4?-@ E+ %?4,1 ?-2 E E+ 142@E ? HE E+ H00 E@ 41 :H-E 0?1-2* @-2 -2 0 2*E+ 2 + 1H+ E+
411H2-E- @ -2 E+ E4J2@ 4% .H@E 4H2 4%% E+ ? EH? >@ ? @- 2E@ 4% E+ ? @ J+ ? 66 ?2 4% +H* ?E9 +
4-0 01 2@40 2 / + 0-1 9 +E + + E+ 142@E ? + ? 64?E 0L % E ? ?1 J-E+ +H* 0J@
2 E+ 2-10 J@ 416E 4% 24J+ ? 2 -E@ 2 J@ 1 :H-2E J-E+ @ 2 2 2-109 2 2@40 -E
2 1H@H0?9< + 2 E+ 2 J@ :H00L 6HMM0-2* ;+ %?-2 142@E ? @?- @ ;5N%E B-2 J@ 4?2 -2 -EL 4H?E?441
@6? @41 GNN 6 460 I-@-E -0H@> @H664@ 0L @E?2* 7F9GF18 -2 +-@ @+4/-2* % E 2 J+ ? E+ 6? @--2* .H*
?4L24>@ +4H@ 9 +E @-*200 2-10 E+E EE/ 4*@ +-@ 4L 14I @ :H?E ? 4% E+? E 2 @41 E+-2* 4HE
E+ 2 4% E+ -2%14H@ 2 %?-*+E 2 1 2 E4L 04/ %4? +-@ +2@ *-2 +I-2* E+ 4-0 =142@E ?>
42@E ? 4% ?14EE E? E 1L@E ?-4H@0L -@66 ? 2 E4 %4004J9 2 J+E +2@$ 41 E4 2@40 E4 :H- E
0E+4H*+ E+ 040 2 J@66 ? 2 *?4 @ ? 64?E E+ =E+-2*> *-I @ 42 E+ -16? @@-42 E+-2*@ -2 E+ 2 *?4 @ E-42@9
24E E+E ;4J E+ 2-10 + *42 E4 I-@-E E+ =142@E ? 4% +I-2* 2 4E-6H@ 7@-8 ; 2>E E+-2/ 4% 2LE+-2*
1 -E@ JL -2E4 E+ @4HE+ 4% ?14EE E? E> J+-+ E E+ 2 4% + J?-@E"< -E+ ? 4% E+4@ 64?E -E- @
6?E 4% E4J2 4? J+ ? -E 1 %?-*+E 2 E+ 404H? @ E-42 + 142@E ? J@ -2E?4H +I E+E 21 -EL +@2>E
%?41 6HMM0 E+ HE+4?-E- @9 4% 4-0 09 -2 E+ 040 2 J@66 ? L @4 J .H@E - E4 @H660L
+ 4EE ? %H?, ?-2* 1 E, ;E+ ?@ J+4 0-1 E4 2 J@66 ?12 -00 -22 L J+4 +-2 E4J2 J-E+ =142@/ ?>9
E-2* :HE- 2-10 -@ ?? 0L /24J 00 4HE E+ -0H@ 0@4 4-2 E+ 21 =?40 ;-EE0 - J ? 0-@ E+E
@ 2 2 -@ 2 I ? %4H2 %? HE - 24E /24J J+ ? 4? +4J E+ 4??-0 >9 ;+E>@ J+E 44/@ 4% 042* *44,@E2-2*
%?41 @J16@ 2 ? /@9< HE E+ 21 4?-*-2E @- E+ J >00 00 +-1< -22 L J?4E J4H0 24E @+4J H6 %4? J4?/
-E 0 %E 0 *L9 J / %4? 4/ -00 142@E ? + *42 -2 +-@ E42*H ,-2,+ / 4H2E 4? E+E E+ 2-*+E @64E@ 4% E+
E+ 4-0 142@E ? J@ @+4E -2E4 +- ?2E-42 %4? 5N L ?@ &00 J-E+ 4I ?,E+ ,E46 @ 040 0/ 0E J4H0 ? 64?E
EJ4 %?4,1 ?-2 1 2 -2 %4? -E 420L 66 ?@ 42 -2 EE?-HE E4 E+ 142@E ?9 H@-2 @@ =? @@-42>9
4/ -00 4HE+ ?40-2 E40 <9 0E+4H*+ -22 L 1L +I ;+ J+40 E+-2* J@ -2 *44
640- E+ ? E+E ; & ? %H?, 2J+-0 -2 2@40 1 2E -E @ .4/ -E J@ E E+ 0 2 %H2 2 J +46 J ?
4I ? 2-10 4@E E+ 1 04?- ?H14H?@ + -E E+E K6 2@ 4% E+ %?4,1 ?-2 ?-*+E J+ 2 J @L E+ ? -@2>E
42 042 0L -10L,0-E @E? E"< ; 4-0 >@ E ??-0 2-*+E 411H2-E- @ J+4 + 0? L 2L 142@E ?9 E 0 @E J +46
24E+ ? ? 64?E E+E E+ @E0/-2* 142@E ?< + 2 @H%% ?-2* %?41 6?4042* J 42>E 1 E 2L *4-2* +41
@E + EE/ +-1 2 @ 2 42 E+ E4J2 -2 +-@E4?L 4% 6@L+404*-0 42 4% E+ @ %4**L 2-*+E@9
;?-66 4%% +-@ 04E+-2* %4? %4?1@ I?-4H@0L ? 64?E @ ; J?%? *4-2* / E4 E+ ;? %H0 -2I @E-*E-42 +@
+ 12* E4 @6 -E@ J%H0 *4?-00 E4 *442<9 4E4?L0 ?/ L@ 4% E+ H 0HK 02 @+4J2 E+ ? J@ 24 E?HE+ -2
0HE+9 40- J+4 J ? J-E+4HE 4%& ?@ 4?* +-E 2 2 -*+E - ?@ E ??-0 E+ ? 64?E E+ =142@E ?> I-@-E
E+ 4?L @ E4 E+ - 2E-EL 4% E+ ? 2 6- E4* E+ ? 14? E+? E E+E + 24E *42 JL9 +-60 L 2 0 %E +0% E+ 4L
J -? 2-10 0@4 ? -I 04?E @?-6E-42 4% E+ 2 H*H@E 53F! %4? -2@E2 4% 12 42 @EH16 -2 E+
? 64?E E+E E+ %?-2 -0H@ ? EH? 9 + L %4H2 4HE E+E %?4,1 ?-2 -E-M 2@ 4% E+ J44@ 2 ? E+ ? %E ? E-2*
+ /-00 0?* 0% 42 E+ -E + ; + 0-/ 62E+ ? 04?- 411H2-EL 4% / 02 420L 6?E 4% +-@ I-E-1" 4 J-E+
* 4% E+-@ 4HE+ ?40-2 4L 0-/ *4?-00 @-K 0 *@ 42%?42E E+ 02 H?-2* 42 E+ 6@@-2* 4% ?40 J +46
E4J2 2 E 2 JL 1H+ 4% +2@ E+E ?* E+ *?4H2 2 4% E+ -? J+-E ,+44 1?+ @ E+-@ + ? =142@/ ?> %440-@+1 2E
E+ ?@@9< -E @E2@ 4HE %4H? % E 59G1 42 04?- I 2H 9 -@ E 2 2<9
64?E@ 4% E+ =-0H@> +-*+9 E 0 I @ E?/@ 0-/ +H* -22 L + -1 +-@ ?+6@ -E J@A E+ ? >@
@6? E ??4? 142* E+ %?4, *?-MM0L ? 2 1/ @ 24-@ ? 6L6@E @EL0 ? E-42 24 %H?E+ ? 1 2E-42 -2 E+
1 ?-2 ? @- 2E@ 4% 4/ 0-/ %4*+4?29 E -@ 0-0 E4 E E+ %?4,1 ?-2@ J+4 2 J@66 ?@ HE -E -@ -2E ? @E-2*
-00 2 %?41 E+ 2 J@66 ? EE/ %?41 @E4?1 @ J ? %?41 0-I -2 +-2 E4J2 E+ 0/ E4 24E E+E 142@E ? @?
4H2E@ J * E E+ -16? @@-42 ?44%E46 4? 1 ? 0L 41 @-0-2* 411H2-EL 4% 21 -EL9 E+E + @E?E -2 4-0
E+E E+-@ 142@E ? J@ @41 E+-2* E -E@ I-E-1 %?41 E+ E46 4%
H*-2* %?41 -22 L>@ +@EL -% 1-*?E E4 4E+ ? %?4,
4E+ ? E+2 .H@E 2 4?-2?L E? <9 44L E+4H*+ 4H0 @?@E- ? E?E-42 E+? L@ 1 ?-2 411H2-E- @ I 2
2-109 42@E0 ?0 4I-@ %4H2 J+4 + EH00L @ 2 E+ 0E ? E+ L + 41 I ?L ?4@@ @EE 0-2 @ ? -2%4?
%4? -2@E2 ;? 64?E + @J 142@E ? %4? +-1@ 0% ;4H 2 H6@ E L @H** @E-42@ -?H0E
E+ @+10-2* @E -2 ?/ + ? ? 64?E@ 4% 4M 2@ J+4 +I ;?40 E+ 4??-0 J@ L E+ 6? 41-22E0L J+-E
/ 00 L 2 @+4E E -E EJ- @ 2 -E # HE E?L 2 &2 42 +44 L9 00L E+ ? J?2>E 2 J@66 ?@ 2 @? EE-
HE %-0 E4 ?-2* -E 4J29 1 4% E+ 1< E+ 040 2 J@66 ? 24E+-2* E4 -E9 4E E+E 04E L 2@40 .H* 9 01>@
EE@ 2 *?4 @- + J@ +@ ?L0L 4@ ?I +?-@E 2-2* 4% 6 460 E+4H*+E E+ ? J@ 42@E ? 4% ?14EE E? E
E+?4H*+ J44 ? L E+ E+ 142@E ? E+ =442 4% HE E+-@ -@ -2 +46 E+4@ J+4 04?->@ 442 4% H-00 1?
=I?1-2E> J+-+ 1 *?H2E-2* H-00 1? E? E> 2LJL9 E+4H*+E E+ ? J@ E+E E+ ? -@ E? E 2 ?40 E+ 4??-0
24-@ @<9 + 2@40 640- @EE 24E +@ 24E 2 2 J-00 24E 2 I 2 4HE+ ?40-2>@
40- ? 64?E E+ E+E E+ @? J@ E? 0 E4 2L =142@/ ?>9 %?-2 -0H@ 1L +I
1L@E ?-4H@ 142@E ? + ; J?2-2* *-I 2 @41 @100 ;
H@E +4J 12L 6 460 2 24E+-2* 14? E+2 04@E
6?E-H0? I ?@-42 E4 4*@ 4%% 2 ? J+4 + +60 @@0L 0- I E+E 2L 142@E ? 4EE ? 2 % J %4? ?H22 ?@
;J4 J ? %4H2 41 H2 ? E+ 0J>@ + IL J4H0 I-@-E +-2 E4J2 -@ 24E 4% ? 6L6@E # HE E+ %E
66? 2E0L %?41 @E?2*H0E-42 ?1 E+ 4E+ ? L9 % + -2>E /24J29 HE -E I- 2E0L J@ E+E E+ @ 4E+ ?J-@ +?10 @@
2 4M 2 J ? ? 64?E 1 2 +-@ JL@ + J@ J?2 E+4@ J+4 224E ? 2 J+4 @E4?- @ 4H0 *?4J -2E4 %H00,
-EE 2 E 2 2 @?E+ E+ 4-0 142@E ? J@ 41-2* + ? 420L %?41 E+4@ J+4 29 04J2 @4-0 62-@ -@ 0 ?
-2 E+ -004J ?44/ @ E-42 4I ? + ? 2 * E +-19<
; E ? 00L 00 @E?E J-E+ -2-E4? 4% E+ ?-0 E 2@-42@
4% E4J2<9 + 142@E ? 4E E4 4HE42 E+ %2E@E- @E4?- @ -2 4-0 >@ E+E 60*H -I- EE @ 4%
@ 1 E4 +I 66 ? 4HE 04?- E4J2 4% 21 -EL ?0 1 J+ ? @41 42 + 1 ?- 42 E+ ?-2/ 4% 9
199( 3-* 342

% 1> 32 9 '0 /394 3-)'+ !93 )-3' .;

% > ?4 :B
+ .,:5 -') -+493 3$'+ 2 1'49+9 )9'= ') /32 # .,:
-3( ; -= .,:0 1 -') $3- " " . ! -')24 -+493 #"% " >>>0)()+$-=0

1'- 99'-+ ')) 9'-+ /490 -)' .,:0 /-392 " " '3$'+' , .,:0 +97)'33@4/')
!<9 */'3 32 '43* 4'+94 1'$+ ! -+493 6 .,:5 1-3'))&
1<*-34 ! -+493
%- '3 '))@ !93 -))9'-+47?%''947
" + !93 <3'-<4 '( 49 -494 )-- '9@ + / !3'+&*3'+&
.B .,:5 1*/'3 /-39 -! 93+$ 99) '9% -))' -$ $3- !-)(2 " 3(9->+ <'92
39<32 % $ ?/3'+&'+&)()+7
+ <*-3 3 - + 3 9392 & 49 # /-/)&=+947
3'- )@2 " "# " ))'+-'4 " '3$'+' 6 .,:0 )-3' .. .,:0
:.
+ .,:0 (((.,:0

% ?4 .; )* .# 1%*)'+$ 49 ')) '++@ 1 -+4(3
.,:0 1'&@ 3('4 .,:5 13)* ')) '++@ 1/-393
33-3'A4 ->+0 '3@ -+493-4'9@ @ 3 *'94 3-) 9-3@
1$ %3)-( 9)( '3 )@ 1 -+4932 %-9 @ +'*) /-39 + %'+9->+ 33'*+90
-+4932 " " '3*+ '+ -')2 4 )'+ --@2
4(3='))42 -<+ -<9% 3-)'+ '))$2 -+(@& ++3 "&
%

<49 </ )-+$4' 3+=')) '44'44'//' & "
% '+$49-+ +)'( @3'/- @
:B
+ .,:0
!!34-+ '9@ ." .,:0
@493'-<4 -+493
*' , .,:0 ( -= -+@2
-! 3*-992 '0 '44-<3' ." "&
%
.,:0 1!3'+ ')<4
7KH 5HWXUQ RI
*RWKLF 5RPDQFH
! # "

" "# #

"
$
N856 06 ."C 60-.I0" CL6606- :.PD04 6 4" I8 C"ML4D086 6 D.83= ."
NP (C85 6 0D84I" 568C LD" I.0D 64PD0D I8 IP:0(P ."C 8N6 N8C3D
.8LD" I." I"C5 @8I.0 06 8::8D0I086 I8 I.8D" 8( ."C 40I"CCP C0M4
856"A 862LC"D L: I." II."N "N0D 8( ! (5" N.04"
05-" I.I ::"C" 86 I." "N0D I883 :4"DLC" 06 D.8306- .0D C""CD
8M"CD 8( I.8LD6D 8( 97GRD N0I. "O:400I D"6"D 40((" (M8LC"
::"C3D 8(I"6 583" P I"CC8C (8C 0ID 040IP I8 @"O:6=== I." D8L4A
I.8D" N.8B 864P 8I."C N0I. 5306- C""CD NC" 8( I."0C .L56 4050ID
C"D:"I4" 40I"CCP )I086= "I I."D" 68M"4D 6 C06-06- I."5 48D"C I8 I." DL405"=
L0>L0I8LD "IN""6 I." 97GRD 6 I." 97%RD 0(IP P"CD (I"C I." :L40I086 8(
C" 864P I." 58DI C""6I 560("DII086 8( !"! I." C86I$D -M" 0CI. I8 N.I
-"6C" I.I . ""6 8C6 IN8 "6ILC0"D N" 68N L6"CDI6 D 8I.0 856"= 6
"C40"C= 504P C86I$BD '&# &$ ;9%,F<
8 IC" 0ID 8C0-06D N" 5LDI ICM"4 3 I8 I." IC-0 48M" DI8CP "IN""6 I."C06" 6
9FG, I." P"C 8( :L40I086 8( $& "I.40(( IC6D"6D 8L6C0"D I.63D I8
! &# &! -"6"C44P 86D0"C" I8 " I." I." 06IC8LI086 8( DL:"C6ILC4 "4"5"6ID
)CDI 8I.0 68M"4= 6 0I 8C" 4:84" 6 8I.0 05-"CP= 6 .C48II" C86I$BD
06IC8L" D85" 8( I." "4"5"6ID I.I N8L4 *# ;9%,F< I." ."C806" I"44D ."C 8N6
")6" I." -"6C" D""506-4P DL:"C6ILC4 8506-/8(/-" DI8CP 6 ("D 5PDI"CP D
0CCL:I086 8( I." :DIE D">L"6" 8( D.8306- D." DICL--4"D N0I. I." 86DIC06ID 8( ."C
6 5C" "M"6IDE D"6D" 8( "648DLC" 40(" 06 6 0D84I" 568C .8LD"= D06I"
06 6 C.0I"ILC4 D:"= LI 0I ND 66 P DL:"C6ILC4 I4"D D06" D." ND .04
40((" N.8 N0I. *$&#$ ! !"!
6" "O:C"DD"D ."CD"4( 06 I." 46-L-" 8(
;9F7,< N8L4 " :C0D" D @I." 8C0-064 8I.0=
06M"6I8CA 6 @I." (8L6"C 8( 4DD 8C
D.884A 06 4I"C 8IIBD N8CD=
40((" ND 86" 8( I." 58DI :8:L4C
5$'&/,))( '5(: 86" 8( I."D" ."C806"D C" 5D"4D 06
0DIC"DD= ."P C" 85:4"O 060M0L4D
N.8 86BI )I 06I8 D80"IP I." ("54"
68M"40DID 8( ."C I05" &
6" LDI"6 (58LD4P
DI0C0D" I." 8D"DD086 8( P8L6- N85"6 N0I.
$ ',67,1&7,21 "5805"6I 8( I." 8I.0 856I0 6
8C06-4P I."0C ."C8"D C" PC860 06
."C 68M"4D 06
!#& # * ;9%9F<= ."
C"+"I" L:86 I." -"6C" 06 ."C 9%KG "DDP %(7:((1 7(5525 $1' *# 8."DI"C 4I.8L-. C":"6I6I CC0"D
I." LC"6 8( :DI D06E "I.40(( 0D6BI
@6 I." L:"C6ILC4 06 8"ICPA CN06-
0DI06I086 "IN""6 I"CC8C 6 .8CC8C I.I 0D +25525 7+$7 ,6 67,// C"""5" 6 -C8ND 0II"C 6 CL"4 (I"C
48D06- .0D ICL" 48M"= 0I. I." N8C3 8( I."

DI044 C"4"M6I I8P (8C 40((" I"CC8C ND

8LI DL--"DI086 6I00:I086 6 05-06"
"M04D N."C"D .8CC8C ND "O:400I 6
5(/(9$17 72'$< . ),,C;@:@)0. ":0- .. ,)"" 9; ; -).,
0@') .0D , )#%"# ! 5
AA<
EEE5"0:@ .@)- ;50-
>
2'. C C:) : C@'0: 0" @' + G -0 :. 0@') .0D , 1/A!9; 5
' 00+ E; 6C)+,G 2@ . #,- G ,": )@'0+5
" .G 0. @)@, +)+;@:@ @' 0@') 0-. 22 :+ 00- 0" @' 1/=H; )@ E; )@0:) 0,@9; #%"## )5
C86I$D I." ""C0" 6-40D. 46D:" "5" 630"N0QBD #! )* ;97,G< ND D"
DP686P58LD N0I. I." DL-"6C" 6 I." 86 I." 68M"4 P I." 5"C06 6P "I86=
568C .8LD" DP584 8( "6IC:5"6I= ""BD L-.I"CD 4P 8C56I (8C
8L:4" 8( ""D L6I04 97GR N."6 $&#$$
! * P I." I."6 L6368N6 LI.8C
8"C6 8I.0 6BI " L6"CDI88 N0I.8LI 0I8C0 84I "5" 6 8M"C60-.I DL"DD=
C"("C"6" I8 ;97J%< I." .P:68I0 ." :48I ND L6D."4P 58"44" 86 L
68M"4 P :.6" L LC0"C I.I CND 86 LC0"CBD N8C3 6 *# -8M"C6"DD
I."5"D 4C"P :C"D"6I 06 .C48II" C86I$BD )6D :8D0I086 06 6 0D84I" 8C60D.
N8C3= ID )45 :II086 0C"I" P 4(C" 56D086 .L6I" P I." " N0(" 8( ."C
0I.83 ND :8:L4C D"6DI086 N06606- 5PDI"C08LD 6 D.06- "5:48P"C= LI ND ."
I." 97,R "DI :0ILC" DC 6 (8C"M"C C"D:86D04" (8C ."C "I.?
406-"C06- 06 I." 844"I0M" 05-06I086= ." 68M"4BD I58D:."C0 D"II06- 5"
L LC0"C ")6" 0I D DILP 06 C""CD N86"C N."I."C I.0D ND L LC0"C
2"48LDP LI I." 8I.0 "4"5"6ID C" .006- ".06 :"6 65" LI 84IBD ICL"
06"D:4"= ID (58LD )CDI 406" & @DI 0"6I0IP 864P "5"C-" D"M"C4 P"CD (I"C
60-.I C"5I N"6I I8 6"C4"P -06A ."C #LI D." ND I." :C840) C0I0D. LI.8C
& 06IC8L"D I." :C8M"C04 8C60D. "DII" 4"68C 0"CI N.8 4D8 :"66" .0DI8C04
6 I." DL:"C6ILC4 I58D:."C" I.I CL6D C856"D L6"C I." 65"D
"6 40P 6
I.C8L-. I." DI8CP P8L6- :406 6 61M" .040:: CC= 0"CI . ""6 86M06"
N856 5CC0"D I." 84"C 6 5L. N"4I.0"C P 5"C06 -"6I IC00 PC"C I8 C"M0M"
N08N"C O05 " 06I"C LI N."6 I."P I." 8I.0 -"6C" 6 8:I" :D"L86P5
8I. 58M" I8 6"C4"P ." "85"D I.I N8L4 "M83" 0I8C06 D"II06-= I
0DI6I 6 C8806- DIC6-"C= ." .8LD" ND6BI 8060"6" I.I 8I.0 .8CC8C .
0D .L6I" P I." :C"D"6" 8( "" 2LDI C"ILC6" I8 I." 0- DC""6 M0 55"C
O05BD " )CDI N0(" 6 D""I.06- ".06 045D 6 0ID 4LC04P 848LC" :II086D 8(
0ID N44D 0D (""406- 8( 05:"606- 885= ." 0I8C06 .8CC8C 4DD0D= LI I.0D I05" 0I ND
C"4I086D.0: "IN""6 O05 6 "" 0D
:C"D"6I" D I." L4I05I" 5PDI"CP 6 I." *27+,& 520$1&( 58C" D"OL44P DL--"DI0M" I.6 "M"C "(8C"=
.C0DI8:."C ""BD #' 5C3"I" D @I."
C88I 8( I." :C8I-860DIBD :C680 L6403"
."C I." )CDI CD " 06I"C ND .C506-
-458C8LD D""506-4P :"C("I= 8C5"6I" P
129(/6 (;3/25(' I"CC0(P06- 48M"C N.8 0"=== P"I 40M"'A ND
48D"C 06 .0D ::"C6" I8 C8806- 8I.0
."C8 I.6 I8 I." @I44 84 56A 8( C5
."C I.8L-.ID 8( 06">LP 6 560:L4I"
P I." L66"CM06- .8LD"3"":"C D." 458DI
7+( *(15( )520 7+( I83"CBD 05-06I086 6 .0D :8CICP4 ND
C05506- N0I. "C8I00D5 6 CN M0C04"
8550ID DL00"= ."6 D." )644P 0D8M"CD
""BD C"4 6ILC" D." 4D8 4"C6D
3(563(&7,9( 2) 7+( "6"C-P I.I 5" I." .CI"C D"LI0M"=
."D" .8N"M"C N"C"6BI 48M" DI8C0"D 6
8LI ."C .LD6BD :DI D06D C3"C I.6
D."B 05-06" & D8 C3 06 (I I.I I." )(0$/( *$=( CL4 ND6BI :8CICP" D DP5:I."I0
586DI"C LI D :C"I8C= 8DI 05:8CI6I4P
844PN88 M"CD086 . I."5 I"5:"C" I8 I."P N"C"6BI I84 (C85 ("54" :806I 8( M0"N=
85:4P N0I. I." 58C4 -L0"406"D 8( I." ""6 NC0II"6 P N85"6 04405 P4"CBD 4I.8L-. I." 8I.0 ND (!'
C8LI086 8"= '&# &$ ;97J7< ND I." D"86 )45 -06 I."C" D""5" I8 " .L6-"C (8C
(I"C I." DL"DD 8( I." 68M"4 844PN88 :II086 8( 504P C86I$BD 68M"4E
>L"D :C8LI I.I 0 "O:48C" I." -"6C" (C85
:C8L" D"M"C4 )45D I.I "O:48C" 8I.0 8LC6"LCBD ) )& +! ;97,J< ND I." :"CD:"I0M" 8( I." ("54" -Q"= I ND
I."5"D (C85 I." :"CD:"I0M" 8( ("54" C0"6/D"I C"05-0606- 8( *# I05" 06 N.0. N85"6 N"C" "6I"C06- I."
.CI"C= D ND I." D" N0I. I.I IC" I." 5N856 06 I." II0 (8C :0 N8C3(8C" )-.I06- (8C ">L40IP 6
I."P N"C" 4NPD 0C"I" P 5"6 "M"6 Q850)" )CDI N0(" 6 0I 5" 8LI I." D5" DICL--406- N0I. D"OL4 .CDD5"6I= 8I.0
I.8L-. 58DI 8( I." 8C0-064 5I"C04 . P"C D 8"CI I"M"6D86BD *#E
8D":. 856" 68M"4D :C8M0" "D:0D5 6
AA<
EEE5"0:@ .@)- ;50-
>L0"I IC6D-C"DD086 4I.8L-. 6.8C" "LD" I."P :"C:"ILI" I." (6IDP
06 40I"CCP IC0I086 I."P N"C" DI044 I.I N03" 56 6 " C"""5" P
DL--"DI0M" 8( (8C0"6 :4"DLC"D= N856 06 48M"= LI I." DDL5:I086
886 I." 6"N ::"C3D N"C" I.I I."0C :8:L4C0IP ND :C8LI
"M"CPN."C" C":40I06- I." 8I.0 8( I." 06IC06D0 6LCILC06- 6ILC" 8(
CQ" I.I . D.3"6 I." 4I" 9%I. N.84" -"6"C 0D 86"D"606- I8 DP
"6ILCP= ."P >L034P (8L6 I."0C I." 4"DI=
60." 504" -C8L6 "IN""6 D N"BM" D""6 N85"6 .M" :4P"
:L4: 5-Q06"D 6 I." 58C" :0M8I4 C84" 06 I." C"I086 6
"O:"6D0M" .C3D C"P (8C >L03 "M"48:5"6I 8( I." 8I.0 -"6C"= "IBD
86DL5:I086= 84I "5" .8LD".84 86D0"C )I0864 "O5:4" 06 8L0D
65" 486- N0I. CP I"NCI 6 P 48IIBD && ! ;9%G%<
8
I." 5"C06D .P440D .0I6"P 6 C. 0D "M8I" NC0I"C 8( 4LC0
CC 0."4D= ." ::"C3DB 8I.0 )I086 LI D."BD 86M06"
8M"CD P M"I"C6 :L4: CI0DID DL. D P ."C DL0I8C 6 84"C "C56
8L C."II0 8C "8C-" 0"4 ". 06I"44"IL4 I8 686 I." -"6C"=
8
":0I" P8L6- N856 06 2"8:CP 840-"D 6 D886 D." 0D @C"NC"A
N0I. I." DL--"DI086 8( 5"6" N0I. I." :L40I086 8( ."C 58C"
"6D" 06 6 C.0I"ILC4 D:" & C"40DI0 68M"4 86" 8LI @D05:4"A
86":I 4D8 :C"D"6I 06 56P 8( I." 6 @48M"4PA .CI"CD 06D:0C" P
I0I4"D $& ! ##!# #$! # ! & ."C 8N6 85"DI0 40("= M"6 I.8L-.
!# !'$ ! !)$=
8BD 05 . ""6 I8 53" 40M06- (8C
8DI N"C" 8506-/8(/-" DI8C0"D ."CD"4( 6 I8 DL"" D NC0I"C I."
>
I84 (C85 I." :806I 8( M0"N 8( N856 C"D84LI086 8"D6BI (""4 403" IC0L5:.
486" 06 I." N8C4 6 06 )6604 LI "("I= ." 686D N.I D."
0C" DIC0ID N.0. (8C"D ."C "0I."C I8 48M"D (8448N06- @D"6D04"A M0"
53" 40M06- (8C ."CD"4( 8C 5CCP I.I 6ILC44P 85"D (C85 6 84"C
I8I4 DIC6-"C= 0I."C .80" N044 56= .IBD 58C" N8CCP06- 0D I.I I."
I3" ."C I8 56D086 DI4" ":0D8" D""5D I8 ".8 48IIBD C""C
8C 568C 06.0I" P & D." 6"M"C 403" && ! N.0.
:"8:4" N.8 .0" I88 56P D." C"("CC" I8 D @58C4 :: (8C I."
D"C"ID I." 58DI 05:8CI6I P D"6D" 8( :C680 6 P8L6-A 6 D." :C0MI"4P 86("DD" I8
8( N.0. 0D :48I I8 3044 6I00:I086 ."0-.I"6" P :C"("CC06- ."C "C40"C 8I.0 I4"D=
."C=
866 LDDBD 97FJ I." )CDI/:"CD86 6CCI0M"=
8 C.BD 0D::806I06- .CI"C
"DDP 86 I." DL-"6C" ." "64"DD C":"I0I086 8( "M"48:5"6I C"+"ID 86DI6I I." "40"(
ND 65" (I"C 0ID 506 I." (8C5L4 6 I." 48N"C I.I (6IDP 06 I.0D D" 8I.0 856"
IC8:" @85"8PBD ICP06- >L40IP 8( 56P 8( I." 0D C"I0M"4P 06("C08C I8 C"40D5= ." C"D86
I8 3044 5" 6 I.063 0IBD N8C3D :C8L" 06"M0I4P (8C I."D" II3D 0D I.I I." 8C" 8( 8I.0
>
5P .LD6A= 6"" :CI LD" I." DL-"6C"BD 0D 0DI06I0M"4P 6I0/"DI40D.5"6I 6C.0

8( I." :-"/ILC606- >L40I0"D 8( 8N6(44= 6 L685(8CI4" & :CI0L4C4P 0( 0I 85"D
I."D" 68M"4D 4P 06 I."0C 040IP I8 (C85 I." 506 8( N856 8( .04/"C06-
3"": I." C""CD -L"DD06- N."I."C I." -"= ." 8I.0 ."C806" 0D LC08LD ;I.0D 0D I."
56 N.85 I." :C8I-860DI 5CC0" 8C I." ."C" 0D I"6"6P I8 06I"C:C"I I."D" 68M"4D M"CP ")60I086 8( 4L""CBD N0(" 8( I."
86" N.8 D." (""4D DIC6-"4P CN6 I8 0D 8C D N0D./(L4)45"6ID 8( I." N856/6LCILC"C N856 N.8 N43D 8N6DI0CD 06 ."C 60-.I0"
0D6BI 5LC"C"C= ." DI8C0"D N"C" 8506I" I." "40"( I.I N" "628P C"06- I."5 .8406- 6"4C 06 ."C .6 & I." IC8:"
:0,)# 0@') 0-. C@'0: 'G,,); ')@. G5 0C); G ,0@@ ;) ;' .*0G E:)@).& ' : :,G 0@') @, ; -0: @'. %% E'0; ' :0).
0
:;' ); ;)-),:,G 0C:& @0 -0D EG ":0- @' );: 2C@, & .: 5 0@') ). - $0C:);' ). @' 1/%H; E)@' #,-; ,)+ )" 3, "@4 . " () 3:)&'@45
AA<
EEE5"0:@ .@)- ;50-
I.I "580"D I." -"6C"< 6 LC08D0IP :CI00:I06- 06 I." C3 D0"= "C :8CI4
D 838M D0 0D @06DL8C06I086 06 0ID 5P DI044 " 56 ."C .LD6 8C "5:48P"C
:LC"DI (8C5A= LI ." 0D (C (C85 "06- 40-.I .CI"C
0DI8C044P 8I.0 856" ND I.I )ID N"44 06I8 D80"IP= C."IP:044P
NP (8C N85"6 I8 "O:48C" 6 M0C08LD4P 8I.0 856" 0D C88I" 06 I." C""3 5PI.
"628P IC6D-C"DD0M" ".M08LC= 85"6 N"C" 8( "CD":.86" 6 "D 6 "O:C"DD086
DL::8D" I8 " 6LCILC06- 6-"4D 6ILC44P 8( ("CI040IP L4ID I.I -8 3 I8 60"6I
CN6 I8 I." 85"DI0 D:."C" LI I."P 8L4 "D8:8I50= PC860 ."C8"D C" MC0I086D
C""4 -06DI I.0D C84" 6 C"DD I."0C 86 I." C."IP:" 8( I." 58DI ("C" -8 06
6O0"I0"D 8M"C 85"DI00IP I.C8L-. )I086= 60"6I C""" "D I." C"4LD" N.8
."D" 68M"4D "O:48C" I." ("54" :C8"DD 8( 40M"D 6 0D84I" 40(" 06 I." 6"CN8C4 L6I04
4"M06- I." (504P .85" ".06 8( "8506- ." LID I." P8L6- 50"6 "CD":.86"
06":"6"6I= LI "D:0I" I." "0D0M" C84" I8 " .0D 86D8CI= ( 8I.0 ."C8 .0"M"D
8( 54" )-LC" I." :C8"DD 06BI "OI4P C""5:I086 0I 0D I.C8L-. 48M" N.0. N044 :LI
L6(84 06 86M"6I0864 NPD= 6 "6 I8 .0D 0D84I086=
." .8LD" ND CL04 "4"5"6I 8( I." 03" "CD":.86" I." 8I.0 ."C806"
DI8CP I." M"DD"4 I.I 86I06" I." 5PDI"CP= 5P " 306::" 06C"CI" 8C D05:4P
8I.0 568CD .8N"M"C C" 6"M"C D(" IC::"= LI 5L. 403" I." C""C D."
.M"6D= ." NP N"BM" D""6 I."5 ":0I" 86 0D (D06I" P I." 0CCI0864 D8 0IBD
I." 8M"CD 8( 97GRD ::"C3D :C8M0"D D85" ."C LC08D0IP I.I C0M"D 44 ."C I086D=
M0DL4 4L"D I." D06-4"/40I N068N (C85 86" 8( (I"C D"C0"D 8( 8C"4D D." "5"C-"D D
I." I8: 4"M"4D 0D 5"C04"DD "P" I.I NI."D 58C" 85:4"O .CI"C 86" I.I .D 4"(I
I." ."C806"BD "M"CP 58M"5"6IE I." .4(/ ."C 0668"6" ".06 6 .D "D:"
8:"6" N068N I." LCI06 +8N06- 6 I." 86M"6I0864 85"DI00IP C"D:"I4"
-44"CP 8( (504P :8CIC0ID C"M"4 I." :C"D"6" .LD6 4"-086 8( N"44/(" .04C"6 6
8( 6 06M0D04" I.C"I 6 .0DI8CP 8( .8CC8C 68CI. D0" 8( I." -CM"PC= ."D" "M0I086D LII"C 8C"85=
86I06" N0I.06 I." N44D 8( I." .8LD"= (C85 86M"6I0864 85"DI00IP :C8M0" ." 50-L8LD 5DL406" )-LC" ND
8I.0 568CD ILC6 06I8 :C0D86D I."P 8::C"DD -405:D" 8( I." 0CCI0864= 4NPD I." 82"I 8( C3 D"OL4 IICI086
I."0C 06.0I6ID L6I04 I."P 48D" I."0C D60IP LI "C8I00D5 C"506" 6 L6D:83"6
6 8550I IC80I0"D= ." (5040"D N.8 DL--"DI086= 44 I."D" ."C806"D C"506"
06.0I I."5 C" .L6I" P 6 L6D:83"6 ." 8I.0 ."C806" 56-"D I8 3"": .DI"= ." C0-0 58C4D 8( P-86" "C
LCD" & 5N856 06 I." II0 N44"/L: ."C C"D:"I4" :4" 06 D80"IP C"LCC"6I D"II06- 06 58"C6 8I.0D 86BI
6"DI8C 6 044"-0I05I" ."0C LC0" 86 I." N.04" "68L6I"C06- 6 D85".8N 2LDI0(P I."0C .80" & "M"6 86I"5:8CCP

': #. F-2, ; 0" 0D : :@E0:+ "0: 0@') 0-. 22 :+; 0" @' 1/=H;5
' D);C, "0:-C, E; : 2 @ ":0- 0. 00+ @0 @' . F@5
AA<
EEE5"0:@ .@)- ;50-
AA<
EEE5"0:@ .@)- ;50-
*8,//(502 '(/ 7252 21 &5,0621 3($. * 7# 7%( 7#3 '()73 2 29' 7*
* )782' *2%"%) ':<3 7% 7* 3%)3 *
7# +37. :)7 *7# 7#%)"3 %)
:)7 7# "#*373... 87 :)7

$ $$$ 7#( 7* 2+23)77%*) * 7#*3 3%)3
& &
) 7* *( '()73 * 2 )*7 2.
$ & '& #* :)7 7* (& )*7 0"#*37 37*2<1 87
'$ & $'#$ $ 37*2< :%7# "#*373 %) %7 3 7# #272 *
#(( & # $# %7# 3<3 %) 7# '(.
'"( $ # '& )

$ & $ & #$
#&& & $ & *' &# ' & *'#

& $&#& *'# &#$&!
& $ & #$& # & $'# ($!
&& $&$ *' '& &!
3*'87'<. 87 9) (*2 %7 :3
8%''2(* ' *2* #) :3 *< *87 72<%)" 7* #*)*82 #*: %)2%'<
(< 7#2 :*) 7# )7%*)' '*772< ) 29*'87%*)2< 7# 3+%2%7 * 7# 2*)7
( *92)%"#7 :'7#< (). 3%3723 :3 7* ( 3 &% ) 7# 92<
") /8%2%)" 7# *872()73 * 3+%2%7 * 2< #''<. #3 :2 )*7
:#7 # +2%9 3 2*)%' '% ) #'+'33 (3'3 %) %37233. #< :2
#% (*)"37 7#*3 :3 :**$+)''
#*( * 5'%22<. 3%''< )92
´*27+,& ,6 $ 5,7( *(+'; :*() * "27 #272.
:)7 7* ''*: *2 (*2 (*2) %3
83 %7 3* %7 ( (< +'<"2*8). 2
'' 7#3 **&3 7#7 # # /8%2 *2
+82'< *27%9 +82+*33. 2 ) )7%2
2)3$66$*( *(15( 7* *( %)7* +'< :%7#%) 92< 72%7%*)'
")2 3728782. :)7 7# )%)" 7*
)7%2'< +))7 *) 7:* %)2%'<
)<'*+% * 27 ) )*7#2 *) *87
(%'< #'7#. # '3* /8%2 #8"
)25 <281* :20(1 372*)" (' "823 *++*3%73 * *)
)*7#2.
3'7%*) * 0<*87# '33%31 :#%# %)'8
7:* **&3 7#7 ( 33)7%' 7* ( 7
%/26620,1* ,172 '3* :)7 7* 38""37 )2<

(3%) '3# 7:) 82*+
7#7 " ) #.
2'%3 7#7 7# 7:* **&3 :2 %) ) $'8/7+22'μ ) (2%. :)7 %7# 7*
7#*2*8"#'< (*2) "%2' *) :#* :3
* :< 92< 3%(%'2 7#< :2 3*27 * (*2 82%*83 7#) 2%.
(*7%*)' 87*%*"2+#%3 * 7#%2 87#*23. 2+233%*) ) 3'$%((*'7%*). ')#*'<
:3 '3* 92< 7&) < 7# 7 7#7 7#< %3 33)7%' 7* 7# ")2 ) 7#2 %3 )* '$ & $ #
:2 *7# :2%77) < :*() 87 3+*& (*2 +*:28' 3)3 * '*33 7#) 7#7 * #' &$ & #
&
+'< *87 7# '*)'%)33 ) *8737 #9%)" '*37 +2%3 *' )& # &$
*)%7%*) 7#7 '7 3 #%'. $'##'$ & ##$&
# %3 %) (< *+%)%*) 7# & $"& $ & #$ ) *'
7*8#37*) * 7# *7#% ")2. *823 $ '# $ & '$ &
* *' '$ &!
)) '% :3 %(()3'< +*+8'2 & &$ $!
) "9 %27# 7* '*7 * 7# 72*+3 7#7 33)7%' 7* *7#% %3 7# 2**7%)" *
: 33*%7 :%7# 7# ")2 87 3 2*")%3' ")2 +2#+3 %7 %3)17 7# 3%)3 * 7# +37 %) 8%'%)"
# #3 %)!8) :*2&3 3 %3+27 87 <*8 ) ' %73 #*3 %) 7#%)"3 '%& 72)7* )2'< 2"*):<& )
3
! *2 382. 713 ")2 7#7 :%'' 7# % 7#7 7# ')3+ #3 (*8'
" !# ) ':<3 *))7 92< 372*)"'< *)'< :%7# 7# 92< 3*8'3 * 7# #2723. #%3
. 7 %3 /8%)733)7%' 27%) 3+%2%73 3+%2%73 * (')#*'% :3 )%7'< 728 * 7# 2*)73. #
3728782. %3+*3%7%*). ) 7# 72"% %3%*) (**23 3+ 8+ %)7* 7# 3+%2%73 * 7# +*+'

837 3 %2< 7'3 2$)7 7# +2*33 * 7* (2&7 3 #*22*2 '( 7#7 %)#%7 7#( ) 7# % 3 27
%3*92< * 7# :*2' *2 #%' *7#% :#%# %7 %3 )*74 7 '37 )*7 %) 7# :< : 7#2 :%"# #9%'< 8+*) 7#%2 3#*8'23.
%3 2%7$*$+33" ")2 *2 <*8)" :*() 8)237) 7# ")2 7*<. #< 2 (*)8()73 7* 7# 3273 )
'*33*(%)" %)7* 8'7#**. ) *7#% '%72782 <*8 ) #9 3%)3 * 7# +37 '%& 7# :%)" )/87
# 2*)73 :2 3%)7%)" ()%37'< 38+2)782' '()73 '%& 7# #'' %) " *2 7# (822
(%'< 9) (*2 3* 83 7#< :2 '**< 8) %) :%313 87 '*7 (<372< %)
.
3* 2(7%''< %)38'2 %) ()< :<3.
#< :2 '(*37 72% <*8 ) 3 #*:
7#%2 +23*)'%7%3 ) :*2&3 !*: 2*(
*) 7* 7# *7#2 9) '7#*8"# 7#< 2
2(2&'< %2)7.
)<:< # ' 7* '% %) (<
'%722< /837 ) 7#) '% ' (
7* %3*92 '+*' :%3 &*2 )
3* *)
*'# & ' # (

$& & )& *'# (
&!
*823 *(7#%)" 7#713 33)7%' 7* 7#

*7#% ")2 %3 7# 3)37%*) * %(+)%)"
**( :#%# %3 3*(:#7 3%(%'2 7*
7# 82) * *2%"%)' 3%). # %3
* *()7% '*9 2 838''< )7)"' :%7#
AA<
EEE5"0:@ .@)- ;50-
."C806"D 86(8C5" I8 I." L6D:83"6 CL4" :; 2'0. C@ G ; @'
I.I DLCC"6"C06- I8 48N"C :DD086D "(8C" :00@ -G@' 0" @' 0@') 0-. 5
5CC0-" 8L4 4" I8 :"C0I086 6 "I.=
"5C34P 68I 44 8I.0 856"D N.8 D:0C"D I8 "85" 8I.0 LI.8C 6
.M" 86M"6I08644P .::P "606-= I3"D CP ."44"P D ."C C84" 58"4 0I.
D08644P I." 54" 4" ND C"M"4" I8 LD.06- ; 0 D038ND3< 0D6BI 6 8C:.6
" M04406 & 5LC"C"C 4L4I06- C3" 6 .D 06 (I M"CP -88 C"4I086D.0:
86 CI0DI 8C IC0I8C= M"6 06 I.8D" D"D N0I. ."C (I."C= (I"C "06- DN":I 8(( ."C
N."C" ." ILC6" 8LI I8 " 2LDI P8LC C"-L4C (""I P C3 C8806- DIC6-"C N.8 D""5D
PC860 ."C8 I." .::P "606- 0D I06I" I8 ::C"0I" 6 L6"CDI6 ."C 40I"CCP
P 6 85068LD I.C"I 6 06M0D04" 5"6" "((8CID D." DICID 6"N 40(" 06 44"C4"
I.I I0"D 368I 06 P8LC DI85. (""406- 44 56D086 06 CLC4 L5"C46= I 0D
306 I8 NI.06- 6"C4"P 06 +5"D (C85 I."C" I.I D." "85"D "6IC::" N.04"
I." C5D 8( I." "I"C644P I8CILC" O05 06 I." .8LD" 68I 864P 0D D." L64" I8 40M"
" 06I"C= ."C 40(" 06":"6"6I4P D." 0D 4D8 L64"
" D.8L46BI 4"I I." :88C >L40IP 8( D85" I8 C"I"= 6403" 58DI 8I.0 ."C806"D
060M0L4 DI8C0"D D:804 8LC "628P5"6I 8( I." 0I. 8"D6BI C":C"DD ."C D"OL4 "D0C"D
-"6C"= M"6 N."6 I."P "85" (8C5L40 D." ."C0D."D I."5 6 0D6BI :L60D." (8C
6 "C0MI0M" I." DL405064 0" 0D DLCC"6"C06- I8 I."5=
DLC:C0D06-4P DLM"CD0M" 6 0ID DL--"DI086D 0II06-4P 0I 0D 4D8 N856 I.I D0ID
C" (C 58C" 06I"C"DI06- I.6 I." 05:L4D" 06 I." M04406BD I.C86" D:" LDL44P
".06 :C68C54 856" C"D"CM" (8C 54" .CI"CD= LI
# ()3%*) %3 2329*%2 * 28'7< I." DL-"6C" I.I C":4" I." M04406"DD N" 4"C6 0D
28'7< 7#7 #3 ) +33 2*( 7#2 8I.0 856" 06 :L40 4D8 M0I05 8( ."C 8N6
7* (*7#2 ) 2*( (*7#2 7* #%' ) (M8LC= 05:C0D865"6I I." LC"6
7#) %)7* 3*%*+7#% 22 * (822 4I.8L-. D85" 8( 85"DI00IP 6
*2 +2* 7. * ( 7# (*37 '%7 3+%2%7 :C68C54 856" (50404 C"4I086D.0:D
* 7#7 '%)" :3 #*(3. :3 7# ."C806"D 5P " .D I3"6 0ID I844=

'( 7* 7# 3'8"#72 )*7 %7#. %7# D"OL44P 40"CI" 64" I8 "D:" D."
:3 2%3 372*)" ) 92< (2%) DDDP 6 :.PD044P "85"D I"CC0(P06-
:#%' #*(3 %3 *2 92<*)13 3%)3. DIC86- I."0C ."C8"D 360("/N0"406-
%3 7# *83 * '' 7#%3 9%' #%( ) #%3 & DL:"C6ILC4 586DI"C :4" 8(
87%8' 3%''< 2(3 * (#%)3 ) C"ILC"D 403" CLI4 ID 8( M084"6"=
7*<3. M5:0C"D 8C 44"C4" 44 I."
7 )< 27 : &): : ) 7* N"C"N84M"D & C" 8(I"6 I.C""/DI8CP .L6I" .8LD"
3%") 7#7 ()3%*) 7* :%7#%) ) %)# * :C"D"6I" D :C8LID I.I I883 D"M"6 586I.D I8
%73 '% ) : %. 7 :3 *) * 7# (*37 8( I."0C 0CL5DI6"D L04 0D I." C"4 586DI"C I.I
+%)37&%)"'< 3%") (*9%3 #9 M0I05D 8( :C"I8CP 6ILC" DL((8I"D I.8D" N.8 06.0I 0I= ."
92 ( ) :%7#*87 *87 7# I.I I."P 6 .C4P 86IC84= ."0C -.8DID & 8C-60 458DI +"D.P & D"CM" D
(*37 87%8'. 87 &): 7#7 %) *22 "((8CID I8 ".M" @.L56"4PA C" 06D:0C" 5"I:.8CD (8C I.0D 05:C0D865"6I 86" I.I
7* +782 7# #272& <*8 ) P I." ."C806"= LI N.04" I." C36"DD 0D "OI"6" I8 44 "I"C60IP=
87<. 8( I." 8I.0 ."C8 DI"5D (C85 .0D 8N6 #$! 5"C-"D "O:400I M084"6"
ID 6 I."0C 86D">L"6"D I.I 8( I." 6 -C8I"D>L" 488P ::C0I086D N0I.
$&$ *'"( #& # ' ' DL:"C6ILC4 C"ILC" 0D 4NPD "OIC6"8LD= I." I58D:."C" 8( "6IC:5"6I 6O0"IP
# # & &#
* " 0D I." C"0:0"6I 8( -0(I I.I D":CI"D 6 :C680 I.I 0D :CI 8( N.I I"
*' $ & #$& & && )*! .05 (C85 8I."C 58CI4D 6 06 I.0D NP "C-LD86 440D L" ("54" 8I.0= 6
." 6 " 06I"C:C"I" D I." C3 M"CD086 P C"DI8C06- I." "4"5"6ID IC0I08644P
&): :)7 7* 83 (&$8+ 73 8( I." DL:"C."C8 85066I )-LC" 06 D0"406" D ("50606" 0I C"ILC6D LD I8 I."
27#2 7#) ,;+7 :%7# 7# 2$ 86I"5:8CCP :8: L4ILC"= 8I. 8( I."5 C" ICL" C88ID 8( .8CC8C=
!*7%)" "#*37- 3* %7 :3 92< '*27 D:804I .04C"6 I." :"C("I :8DI"C 084D (8C
+2*33 7* 3#**7 7#(. 78''< 8%'7 7# -"6"CI086 N.0. .D -C8N6 L: "40"M06-
373 2*8) 7# ++2%7%*)3 (382 0I 0D D:"04= 0: ,20, #% %"% 31<=%4
7# *22%*23 ) 3%") 7#%2 3#+3 .. ,)"" )#%"# ! 31</%4
7* 0)3#2%)1 7# "#*373. &): :)7 .. ,)"" % &!"%&" %")
7#( 7* 2 :#%# %3 372%&%)" *'*82 8C D"M"C4 ""D 68N .8CC8C 06"5 31!B=4
7* 2+23)7 7# 3%)3 * 7# +37 87 7#7 .D D.0(I" 0ID (8LD I8 6"N .8C0Q86D ':,0@@ :0.@ )" 31!%<4
#3 ' 7* 3*( *)83%*). *( +*+' D4D."C (8L6 (88I-" I8CILC" :8C6 D.83 -),G :0.@ &%" %# 31!%<4
#9 7#*8"#7 7#7 7#< 2 '' 78''< .8CC8C & 44 D" 86 M0D"C4 ("C 6 2'. C C:) : 31/A!4
+82'< 83 7# *'*82 %3 3* 9%9% ) 3* M0DL4 C":C"D"6II086D 8( I." )-.I 8C +0-.I
)@0:) 0,@ #%"## ) 31/=H4
<$7#%)". '' 7#7 ) 7# 7 7#7 06DI06IE 8C D 66 40((" DL--"DI"

0.. C;; 70- 0G9; :G).& @0 ),, .
)37' :%7#%) 7#( '%3 3&'7' .8CC8C D 8::8D" I8 I"CC8C= ." 4II"C 0D ').+ )@9; G C;. @' 0 :. 0@')8
3728782 ) 7*+'3( 3822*8)3 DI044 I N8C3 06 :DP.848-04 I.C044"CD= LI 31/<A4
7#(. 87 7#< :2 3#*7 *2 2' ) %) DD80I" N0I. 856" 6 I." ("50606" @ :&C;0. ,,); %#% #% %
3%78 )*7 *) "2) 32) *2 3 '()73 D""6 D 05:CI04 6 40.# 6
'# % &'"# #% )
* *(+*3%7. I."C"(8C" ""5" 06("C08C 8I.0 856" 31/!/4
.D ""6 (8C-8II"6= 6 I." :C8"DD .8CC8C
' *' & & # ! .D 48DI I8L. N0I. 0ID C88ID= L044"C58 "4
8C8BD KR9* )45 #$! I883 "0-.I
:*8' '*9 7* %) *) :< 87 *%)" P"CD I8 85:4"I" 6 "4 8C8 50ID
);
:3 92< #2. 7 :3 (*9% I.I 0I ND6BI "DP= IBD )45 I.I DN05D :);@0,(; *0C:.,);@
7#7 :3 3* +23*)' ) 3* '*3 7* (< -06DI I." I0" & 6 8" I8 48DI -"6C" I.I E'0 ;2 ),); ; ). ');@0:G
#27 7#7 %7 2''< 7**& %73 +*8) * !3# C"("C"6"D 0ID 8C0-06D 6 I.I 0D L6"604P :'0,0&G -G@' .
87 (< *278)7'< 37%'' #9 7** 86"C6" N0I. I." ("50606" 06 .8CC8C= -G;@ :G5 : &C,:
()< +*8)3 * !3# '7 ." C84" 8( I." ."C806" .D ""6 L:I" 0.@:)C@0: ;' ); 0.
:8CICP" D 6 06":"6"6I 5"C06 E)@@ : ; -*2C :D05
AA<
EEE5"0:@ .@)- ;50-

G L@ ?. G3 ? 1,)*G G3L?@
G* 1 3$ G* /@G 1GJ?N L* 1 1
M$3? 5?3$ @@3? @G 55 ,1G3 9J, G 3? 01N 5 35/ G* 1 @ 13L ,$ G* ?
0,+/ @ 5J ,1 @ ?* 3$ / 1 L@ 31 G*,1) G*G G* N =.1 L> 3JG G*
/338 ?N1 N. @ L@ 31 9J @G $3? ?/N *,@G3?N 3$ ?,G,1 ,G L@ G*G G*
) 1 G, @05/ @ G*G L3J/ * /5 *,0 3?,),1/ ,1*,G1G@ 3$ G* ,@/1@ * 1
05 G* ,3/3),/ 3?,),1@ 3$ G* 5 35/ @ 3$ 319J ? N 1 ,130,1) ? G*G L@
G* ?,G,@* @/ @8 L1G /33 313?@ 5*N@,//N K ?N ,$$ ? 1G $?30 G* ,1,) 1 @8
G3 @J55/N *,0 L,G* G* 0,G3*31?,/ 1 G* 535J/? 0,1 G*,@ J@J//N 0 1G
1 *?303@30 @ G*G * 3J/ G* 53@G+301 ,1K@,31 3$ G* G// $,?
J@ G3 G?. G* 5? *,@G3?, 0,)?G,31@ 3$ 1)/ @ M31@ 1
JG @ JG31, LK
?/N ?,G31@ # JG * )3G 03? G*1 * > G*G @L 5G ?3@@ G* ,@/1@ 30,1G,1)
?),1 $3? L* 1 /3/ ?,1. ? * ?,1) ,0G,1) 1 53?G,1) G* 3?,),1/
*,0 1G*J@,@G,//N @?,,1) *,@ 5?3- G @*3?G 1 ?. =?,G31@>8 1G,9J?,1@
G3 G* 5 35/ G G* ? .31 *,0 3K ? * MKG ??3L@ 1 03J1@
1 G3/ *,0 G* @G?1) G/ 3$ G* GL,1@ 3$ 1 * @ 1 G*G @30 31G,1 =/31)>
? )?318 1 G* ,? 3GG) *,)* ,1 G* *,//@ @.J//@ L*,/ 3G* ?@ * / G* ? 0,1@ 3$
*,1 G* ?J,1 ,@G ?,1 031@G ?N =?3+* > 5 35/ 8 *,@ G )3?,@G,31
3$ @G? 'J? 6G?G /3?,7 * /,K L@ @ 31 G* ?1,/ 6 5*/,7
G* @ * /3? $?0 ?@ # L*3 /@3 -J@G ,1 M # G* 0M,0J0 L,G* 3$ G* @.J//
*55 1 G3 1 ?G*/@8 L@ 0J/G,5/, N 4PP 1 ,K, N ,G@
G @ 0 G*G J?,1) G* 42&P@ 1 CP@ 0M,0J0 / 1)G* G3 ??,K G ?G,3 L* ?
G* @ ?3G* ?@ L3J/ 11J//N *3@G G* /3/ K ?NG*,1) J1 ? 0 @J? 0 1G 3$ B&82
@*33/*,/? 1 $3? 1 $G ?1331 G? G 3$ %OON L@ // =3/,*3 5*/,> 6/31)+* 7
535 1 . @ L*,/ G* G * ? J@ G* 0 1 K ?NG*,1) 3K ? !484 =?*N 5*/,>
@ /,K,1) 65? 7*,@G3?N M*,,G@ ,1 / GJ?
31 K3/JG,31 1 *J01 3?,),1@8 3L @
! 6?378 3/,*3 5*/, $3/. @ 0 G3
$3J1 G @,G @ G*G L ? 3/ ? 1 03?
N. @ *,0@ /$ .13L/ ) G* M,@G 1
3$ ? /,G 1 ?G*/ 535J/G,31 K 1 ,1
? 03G G*1 G*3@ 3$ G* ?3+* @
55? 1G/N ? 5? @ 1G,1) 5*N@,/ K, 1
G* L,/@ 3$ @G / @ @ 0 ,1* ? 1G/N
J1/,. /N # @3 L@ G*,@ -J@G G/ ,1K 1G N " G*G 31 535J/G,31 * ,1 1
? 5/ N 13G* ? ,1 G* 0J?.N 5? + 1
G* /3/@ G3 G @ G* K,@,G,1) 1)/,@*01: 53@G+ 301 N ?@8
? L@ G* ? @30 G*,1) 03? G3 G*,@ @G3?N
3$ 5? *,@G3?, 5 35/ @ @G,// /,K,1) ,1 G*
3L K ? N G* /G 42G* 1GJ?N ,G
L@ 30,1) 5/,1 G*G G* *,@G3?N 3$
@5?@ /N 535J/G =? 1 @ ?G> 3$ 0,+
/ @:
*J01,GN /31) 5? +G 30 8 1 G*
?,K ? @ 1 K @ 3$ ?1 @G31
* 1@L ?@ G3 G* @ 9J @G,31@ /, ,1 G* G33/@ L ? ,1) $3J1 /31)@, G*
*,@G3?N 3$ ? @, 1 1G*?353/3)N 1 1,K ?@,GN 3// ) 3$ / @ ?N@GLNG*8 31 @ 3$ MG,1G 000/@A 1 ,1 4!&2
5? *,@G3?N ,1 ?,G,1 J?,1) G* %?@G */$ 3$ K ? G* 3J?@ 3$ *,@ /31) /,$ 1 ? ?
3*1 K1@ 1 ?G*J? ? @GL,* 0 1
G* IPG* 1GJ?N8 * @, 1 3$ ?1,30 G?N 64!BB+42C27 / J? L@ 1M,3J@ @ *,@ 3$ 31@, ?/ @*3/?/N ? 5JG @@J?
K3/JG,31?N G* 3?N 1 @, 1G,% $@*,31 3,GJ?N ? 3? ;G3 0. // K,// ?,G,@* @, 1G,@G@ G*G G* @ G33/@ L ? 5?33$
30,1 L,G* G* 3?,),1 0NG*@ 3$ ?,G,1 .13L/ ) G?,JG?N G3 1 /J,G,31 3$ G*G *J01,GN * 5? +*,@G3?N 01 *
G* =? /> $,?, @ 3$ $3/./3? 1 G* 0 1 01>@ 5*N@,/ 1 J/GJ?/ 3?,),1@< # 1 31G 053??N L,G* 0003G*8 *
L*3 J,/G G* 0 )/,G*@ ,1 G* L3?. 3$ 31 1 *,@ ,@3K ?N 3$ K ?N 1, 1G @G?,1
? ?G
3*1 / J? ? )N13) ?3$ @@3? 3$ 5 35/ ,1 G* *,//@ 3$ 0,+/ @ L@ 9/"::/9 99@
/'- +C94
3$ 1G*?353/3)N 1 3)?5*N G G* @@ 1G,/ 5?G 3$ G*G 1 K3J?8
1'/@/ /" +C98: 7+H-+H,/- @H184
AA<
FFF4"/9@-@),:4/,
,,1) 9J @G,31 L@ L*G G*G 01 * 5?30,@ @ $3? G* G?JG*" G* N ? /LN@
/33. /,. 1 ?J,//N L*G ? /G,31@*,5 ? N $3? 5 ?-J?N<8 *,@ ?G* ? ,GG ?
* 3? G3 G* J?? 1G ,1*,G1G@ 3$ ?,G,18 @?,5G,31 0N M5/,1 N G* $G
N G* 4!BP@ @*3/?@ @J* @ ,//,0 3N G*G G* /@* G,31/ ,@G $3 3J1,/
L.,1@ G* 3?,),1/ MKG3? 3$ 33. N * @30 N ?@ ?/, ? =L /@* > 31 G* ,?
3/ L ? ?)J,1) G*G G* @ 5GG ?1@ 3$ 5?30,@ G3 5N 3 4&P )J,1 @ ,1 5?,O
G31 ) J?,/@ , ,1 $G ? ' G G* 031 N8 K 1 @3 3 .13L/ ) G*G
03 ?1 ,@G?,JG,31 3$ ?,G,@* ? @ G* 3G* ? @5 G@ 3$ G*G 1G,31>@ 5@N*3/3),/
@.J//@ 3$ G// ?3+* ? L ? 0. +J5 L ? / @@ J155 /,1)8 * N L ?
$3J1 K ?NL* ? ,1 ?,G,1 1 ? /1 $3? M05/ 5@@,31G 3JG ) 1 /3), @
G*G L@ L3?G* 319J ?,1) L*,/ G*3@ 3$ *?G ?,@G, G*G L@ G3 0. G* 0 K ?N
@*3?G /31)+* 5 35/ L ? 31%1 G3 J@ $J/ G3 3G* ? ,1K @G,)G3?@ 3$ G* K3/JG,31
G* ? 011G@ 1 $? ) @ 3$ G* ,@/1@8 1 3?,),1@ 3$ G* ?,G,@* 5 35/ @ # @J* @
3? G* /G ,G3?,1@ G* @ %1,1)@ L ? ? ?G
3*1 / J? 8
? //N ?G* ? @G,@$G3?N8 * N 31%?0 G*G
G* J/G,0G 1 @G3?@ 3$ G* 1)/,@* ?
* J@ G* ,? G *13/3),/ 5*N@,/ 1
J/GJ?/ @J5 ?,3?,GN G3 1,@* G* 1 @G3?@ / J? L@ ,1G 1G 31 K /35,1) 1 L 03?
3$ G* /G, 1G,31@ G3 G* $?,1) @ # 1 3- G,K LN 3$ @GJN,1) ? K3/JG,31 ,1
?/N ,05 ?,/ G?,J05* G*G G* @3/, ?@ 1 ?,G,1 31 G*G G, *,@G3?N G3 ) 3)?5*N
0,1,@G?G3?@ 3$ ,G3?,>@ 05,? L ? G* 1 1 ? L 31 $3/./3? 1 /3/ .13L/ )
1G 31 ? ? G,1) 31 )/3/ @/ 8 5*N@,/ 55 ?1 @J* @ N 1 *,? @ 0J* @ ,G , 31 //,5 ?@ 1 @GG,@G,@8
G G* @0 G,0
3*1 3 3/3J? 5*/, ,1 M )? 3$ *,1 3? ?3L *11 / @/1 ? N ,?G* L*3 * @5 1G
3G3? 1 0G J? 1G*?353/3),@G L@ 5?3GJ ?1 1 @3 318 ?)J G*G 3G* 0J* 3$ *,@ *,/*33 @ 1 ?+,1K/, *
31 1G?G,1) 31 1/N@,1) G* 5*N@,/ G* 3?53? / 1 0 1G/ *?G ?,@G,@ L@ 3$$ ? -3 G G* 1,K ?@,GN 3$ / @
*?G ?,@G,@ 3$ G* J?? 1G 535J/G,31 3$ G* ,$$ ? 1G ?,G,@* ? @ 5 ?@,@G 6 ?N@GLNG*7 ,1 42P(8 05/3N ,1,G,//N @
,1 1 $$3?G G3 05 G* ,@G?,JG,31 3$ G* 3* ? 1G/N 3K ? G,0 @J553?G,1) G*,@ /,0 N 1 @@,@G1G / GJ? ? ,1 O33/3)N ) 3/3)N 1
M31 1,@* /G, 3? ?1.,@* GN5 @ # ? $ ? 1 G3 G* ?/N *?31,/ ?@8 53,1G 3G1N * 5G 31/N 31 31,G,31 G*G
G* ,1G // GJ/ 1 @G3? 3$ ?N1 N. @>@ 3JG G*G ?/ 3$ / @ $3? M05/ * * L@ /@3 //3L G3 5J?@J *,@ ,1G ? @G@
IPG* 1GJ?N ) 1 G, @J?K N8 1 G* @ 1 )? L,G* *,0 G*G G* /@* 53@@ @@ ,1 1G*?353/3)N 1 ) 3)?5*N8 *,@
3$ 1N .13L/ ) 3$ 3? /33 )?3J5@ @L?G*N 305/ M,31@ L ? 3/ ,1 @5 * ,1G ?,@,5/,1?N 3?, 1GG,31 )? L 3JG 3$ *,@
*3L K ? 3 @ *,@ /@@,%G,31@ 31 1 * ;13 ? @5 G $3? G* ,? 3G*@ $3? G* 5 ,1G ? @G ,1 K3/JG,31 1 *,@ 5@@,31G
>

/'- /4 ' 9C)- //9 /" @9@ +/9) H; @' 9&9/- 7--9@'+8 @F)-: :C11/:+H +)E )- /@@& )- @' ')++: /E @' :)@4
AA<
FFF4"/9@-@),:4/,

3 L*G , * 3: ,. N. @ G G* 1
3$ G* 1GJ?N * G?K // ?3J1 / @
@ .,1) K3/J1G ?@ G3 5?G,,5G ,1 *,@
5*N@,3)130, 055,1) 3$ G* 1G,318 GL 1
42P& 1 42&! L,G* 5J@ @ $3? GL3 L3?/
L?@ * 1 *,@ 3+L3?. ?@ 0 @J? /03@G
1N31 1 K ?N31 L*3 L3J/ @G1 @G,//
$3? /31) 13J)*8 * N 5? $ ?? ;G* @,05/
$3/. @ G* 03? / ,@J? /@@ @ 3$ 1 ?/N
K ?NL* ? ? 3$ K ?N 0,M @ 1G<8
* N K3, $3? ,)1 ?@ 6 M 5G ,1 G* 3? ?
? @7 G*3@ L,G* 3K,3J@ $3?0,G, @D
%, 1, @ 1 N 1 /?) L30 18
* N ? 3? 31 %/ ?@ # 13L * / ,1
G* ?*,K @ 3$ G* 3N/ 1G*?353/3),/
1@G,GJG,31 ,1 3131 # G* G,/@ 3$ G* ,?
@J- G@> ,1,K,J/ *?G ?@ 6* ,)*G *
@*5 1 5*/, ,1 M ON)30G, ?*
)? 3$ 5,)0 1GG,31 5?30,1 1 3$ *,1
1 @3 317 1 L*,/ 31 0 @J? G* 3G* ?
L3J/ 13G 3L1 G* @J- G>@ $0,/N *,@G3?N
L,G* 5?G,J/? ? $ ? 1 G3 G* ,?G*5/ 3$
// $3J? )?15? 1G@8
* ? L@ 13G*,1) 13K / 3JG G* GN5
3$ ,1$3?0G,31 G*G / J? L@ @ .,1)8 JG
L*G L@ J1J@J/ L ? G* @G?G ), @ *
J@ G3 ? 3? 1 G3 ,@5/N *,@ G8 1
G*,@ 5? +,),G/ ) L,G*3JG G* @@,@G1
3$ 305JG ?@ 3? @5? @* G@ * K /35

/'- / @@,1@ @/ ,1 @' ):@9)C@)/- /" )""9-@ 9)+ @H1: G/- -):' +@) 9-*):' @N@G 0 3$ 13GG,31 G*G 0 1G G*G 1
- :/ /- ,/-& @' C99-@ 1/1C+@)/- /" 9)@)- H C:)-& 1'H:)+ '9@9):@):4 ,1,K,J/ @J- G>@ J1,9J 3053@,G,31
3$ *?G ?,@G,@ 3J/ ? 3?
GN53)?5*,//N 31 058 ?G,J/? @N03/@
/, $ G*G G* 5*N@,/ 1 0 1G/ * ?,G) =GN5,/> *?G ?,@G,@ 3$ G*G ? 8 1 L ? * / G3 ? 5? @ 1G @5 ,% @*5 @ 3$ @.J//
3$ *J01.,1 * G3 ,1K @G,)G @ ,G G*,@ LN G* N L ? ,1 @ ?,3J@ 1) ? 3$ 1 5,)0 1GG,31 @3 G*G 30,1G,31 3$
0 ?) 3JG 3$ ,1G ?G,31 L,G* 305/ M G* 0@ /K @ ? G,1) G* 3- G G*G G* N> G* @ @N03/@ 0?. ,1 ),K 1 5/ 31 G*
1 *1),1) 1GJ?/ @3,/ 1 J/GJ?/ @ G 3JG G3 @GJN8 35/ G*G /33. JG31, 05 3J/ 15@J/G G* 55 ?1 1
1K,?310 1G8 @ 5?G 3$ G*,@ 5?3- G * L ? G? G @ JG31, ,1 3?,),1 1 J@ /3G,31 3$ @30 31 L*3@ $0,/N * /,K
)1 *,@ )?3J1+? .,1) ? 55?,@/ 3$ G3 @*3L G*G M31@ L ? G// 1 /31 # ,1 G*G ? $3? G / @G G*? ) 1 ?G,31@8
?,G,@* 5*N@,/ 1G*?353/3)N ,1 42P& L,G* @ ?,3J@/N ,?J/? ?)J0 1G8 *,@ 0 1G GL3 G*,1)@8 ,?@G ,G 0 ,G
@J?K N 3$ G* /@* 5 35/ 8 *,@ 5J?@J,G / J? , G3 35G ,$$ ? 1G 53@@,/ G3 M0,1 G* ,@G?,JG,31 3$ 1N
L@ G3 3J5N *,0 ,1 3//3?G,31 L,G* G. 31 G*G ? ' G *,@ %?0 /, $ G*G ),K 1 5*N@,/ G?,G ,1,K,J//N ?G* ? G*1
K?,3J@ ,1@G,GJG @ 1 ,$$ ? 1G 3// )J @ G* ? L@ 5 1 ,,1) ? /G,31@*,5 G? G,1) ? +GN5 @ @ 5? +),K 1 3053@,G @ 3$
J1G,/ *,@ G* ,1 42C2 1 ,G L@ G3 ?,1) GL 1 *J01 300J1,G, @ 1 G* 5/ @ *?G ?@ / J? >@ 05 1/ *,0 G3 @
*,0 $ +G3+$ L,G* 5? *,@G3?N 0 ' @* L* ? G* N /,K 8 / @ * ?)J L@ ,1 L*G 30,1G,31 G* *?G ?@ 1GJ?//N
,1 0,+/ @8 G G* 3JG@ G * ? - G 1 M // 1G 5/ G3 K /35 1 L LN 3$ 3J?? 8 31 G* 05 @*3L *,0 L* ?
3G* @,05/,@G, 31G?@G@ GL 1 G* /G, @GJN,1) ? *,@G3?N8 *N@,//N ,G@ @*3?G ,1 / @ /J@G ?@ 3$ 1N ),K 1 *?G ? 3?
1 G* JG31, ? 1 G* @@J05G,31 ?. 535J/G,31 55 ? G3 ? /G,K /N 30,1G,31 3$ *?G ?@ L ? G3 $3J18
G*G /@* @5 . ?@ ? 5? @ 1G G* 5? + *303) 13J@ 1 N G G* 1G,K @ /,0 1 53,1G / 5G 3JG G *,08 *,/ G*
?,G,@* ? 011G ?,K 1 G3 G* ,@3/G ) @8 G3 / G3 =G //> 5 ?@31>@ ,@G?,G 3$ K@G 0-3?,GN 3$ G* /@*0 1 0 @J?
;* )?3J5@ @5 .,1) 31 1 G* @0 3?,),1 G )/1 8 , @J* /3/ GN5 @ M,@G L ? ?. 3/,*3 5*/,@ G* ? L ?
/1)J) < * @G? @@ G3L?@ G* 1 3$ / J? @. : 1 L*G /J @ L ? @J* %1,G /J@G ?@ 6=1 @G@> ,1 *,@ 5?/1 7
*,@ ? ? ;L ? 1 K ? G* / @@ 13G 3$ G* -J) 0 1G@ @ 1 *3L , G* N ? /G 3$ MG? 0 /31)+* 1 @@8 * @5?@ /N
@0 ? <8 JG 13G 31/N , * ,@)? G3 G* G )3?, @ J@ N 1G*?353/3),@G@ 1 535J/G *,//@ 3$ /N1/N031 1 N1N
L,G* G* @G1? @G3?N 3$ G* //+319J ?,1) ?*3/3),@G@: ,? G*3) ,1 5?G,J/? 31G,1 5 35/
M31 * /@3 ? - G G* @G?G ), @ G*G ,G,31//N 5?G $?30 ?G,1 L,G* ;)/ 1??3L * 3$ 31@, ?/
5? K,3J@ @*3/?@ * J@ G3 @GJN ? 8 / ?/N %1 ? @ G* ? * 1 / 1)G* L,G* G 053?/ *3//3L@ L // 0?.
?*3/3),@G@ * ?)J * @ G* ,? /,GG/ ,00,)?G,31 ,1G3 G* 3J1G?N ,1 1 * .31 @ @G?31) 1 L, <
?)J0 1G@ 31 G* @.J//@ 1 31 @ ? G?, K 03 ?1 G,0 @ 03@G 3$ G* 5 35/ G* N 5?313J1 ?3L ?,) @ 1 5?30,1 1G
$?30 ??3L@ K @ 1 )?K @ # L*,* L ? 0 G L3J/ G* ? $3? G* 5?3JG@ 3$ )/ // 6G* ? 3K G* 13@ 1
G33 $ L ,1 1J0 ? G3 5?3K, @$ @,@ $3? $0,/, @ @G/,@* ,1 G* ? @,1 G,0 GL 1 G* N ?3L@78 G @ 0 G*G G*
) 1 ?/,@G,318 1G*?353/3),@G@ ,1 31G?@G ,00 03?,/8 *J@ @ / J? 53,1G 3JG @G1? /@* *?G ?@ 3$ ?. /31)+
* 0 K@G 1J0 ?@ 3$ ,1,K,J/ G* ;,1,K,J/@ @?, $3? /3/,GN * 1 @@ L ? ;,1G ?0,1)/ ,1 G*,@
0 @J? 0 1G@ 3$ /,K,1) * @ 1 3, @ JG L,// /,. /N @ ,G L ? 31 1G?G ? 03G ? $J) L,G* @J?K,K3?@ 3$ @30 3/ ?
* G* 1 ))? )G G*3@ G3) G* ? ,1 3? ? @@ 1 @ 3$ G*G /3/,GN<8 ,1//N G* GN5 <8 1 $G ;G* @G?31) K /350 1G 3$
G3 @G/,@* G* =K ?) > *?G ?,@G,@ 1G,31/ $@,1G,31 L,G* ) 1 /3)N 0 1G G* )/ // 1 G* /3L ? ,1) $3? *
3$ 5?G,J/? ?,/ GN5 @8 *G G*,@ 0 1G G*G $0,/N *,@G3?, @ L ? ? ,/N K,// @J)) @G ,1 LN G* 1 ?G*/3,<8 1
,1 5?G, L@ G*G ,1,K,J/@ * 1 $3? ,1K @G,)G,318 ? 1,5,G3J@/N / J? G*,@ L@ 13 *1 3? 03 ?1 30,1G,31
, 1G,% L,G* 5?G,J/? ? G* ,? G*J@ * % / /3?G3?N G* @,O 3$ / @ 3$ *?G ?@ 3 >@ 3// G,31 3$ ?/N
0 @J? 0 1G@ * 1 /@@,% J1 ? K,// G3 G @G *,@ 1 L 55?3* G3 G* 5*3G3)?5*@ ,1/J GL3 3$ 0 1 3$ G*,@
G*G / / 1 G* 1 J@ G3 /J/G G* @GJN 3$ ?,/ *,@G3?N8 GN5 L*,* ,?
3*1 *N@ G* %?@G 5?3$ @@3?
AA<
FFF4"/9@-@),:4/,
3$ /G, G M$3? 1 *,0@ /$ 1G,K
3$ G* /3/,GN , 1G,% @ 30,1) $?30
/N1/N0318 * ? ,G@ /$ L@ ,@G,1G,K A
*?G ?,@ N / J? @ G* *,)* 033?/1
,G L@ ,@3/G 1 @5?@ /N 535J/G L,G*
31/N 31 G*?3J)*+?38 JG ,G@ ?,*1 @@ ,1
;?,) LN@" *JG @,G @ GJ0J/, @G1,1)
@G31 @ 1 ?G*L3?.@< L@ K, 1 3$
,G@ K/J G3 $3?0 ? *J01 300J1,G, @8 1
30,1G,31 G*,@ @J)) @G G3 / J? G*G
* * , 1G,% 03 ?1 535J/G,31 L,G*
MG? 0 /N ?*, $ GJ? @ 1 31 G*G
@ 0 G3 *K ,1*,G G* @0 ?
$3? @30 31@, ?/ G,0 8 3J/ G* @
G* $3? $G* ?@ 3$ N. @>@ 1 ?G*/@:
305 //,1)/N / J? $3J1 3?? @531 1 @
GL 1 G* 0 1 3$ /N1/N031 1 G* @.J//@
, 1G,% N 1G*?353/3),@G@ 1 ) 3/3),@G@
@ G*3@ 3$ *J01@ L*3 * /,K ,1 G*
55 ? /3/,G*, # ,1 5?G,J/? G* @.J//@
G*G * 1 ? 1G/N $3J1 N 1?N+?
0, G 30 5 // ,1 3JG* ?1 ?1 8 13G* ? K?,1G 31 G* ,G ??1 1D ?,1 ? @531 N 0.,1) ;0N@G,%G,31
*,@ / J? ?)J L@ G* J/G,0G 1, 1G GN5 # G* @*3?G ?. *,? 5 35/ G*G $ 1 @ @0// 300J1,G, @ *K @3 3$G 1
?,G31 G* ?,/ GN5 G*G * ? * G* L ? G3 30 @J* 1 ,053?G1G / 0 1G 31 <8 / J? 13G, G*G ;$3/. G/ @ ? $ ?
,@/1@ ,1 G* K ?N ?/N 53@G+)/,/ @G) ,1 3G* G* /@* 1 G* ?,G,@* 535J/G,318 ,1 01N @ @ G3 G* 31G?@G GL 1 G*
K 1 $3? G* N 0 ,@/1@ ? 5? @ 1G JG 1 ,G* ? G* N 13? G* /G ? 30 ?@ # G* K// N+$3/. J@,1) ,?31 1 J5/1 $3/. ,1
,1 G* 03 ?1 535J/G,31 N G*,@ =1 @G> 3$ @5 . ?@ 3$ G* ?NG*31, /1)J) G*G 5? +,?31 @G) 3$ J/GJ? < @J)) @G,1) G*G
/@* 033?/1 0 18 0 /@* # L ? / G3 ? 5/ G* * ? L@ G* 3?,),1 3$ G* L, @5? $3/.
033?/1 $3/. ,1 G* ,? *,//@8 /, $ ,1 $,?, @8 ,?N *,/? 1 6*1) /,1)@7

L,G* G* @ /G ?31O D ?/N ?31 * ? /,@ ;? /LN@ @?, ,1 @J*
JG G*G L@1>G // G*G / J? >@ 05 ) ,130 ?@ G* 5 35/ 3$ G* 033?@ LN @3 G3 @J)) @G G*G G* N L ? ?. 1
@*3L *,08 1 G* /@* 3@G * L@ G*G G* N L ? G* *,/? 1 3$ G* 5/1
/ G3 , 1G,$N 13G* ? J1J@J/ )?3J5 # 3/. 3$ 3J? *N53G* @,@<8 //+K ?@ ,1
5? 531 ?1 3$ ?. ?3+* 0 1
;3$G 1 J?,3J@/N @@3,G L,G* 0 )/,G*@<
! * ? /3? 1 J1L,//,1) G3 J@ ,?31 $,?, @
/ J? 31/J ;? G?1@0JGG,31@ 3$ G*
1 @G?31)/N ? @ 0/,1) 5*N@,/ GN5
@, G3 $3J1 // /31) G* J?35 1 " ,1,) 13J@ 033?/1 $3/. /,K,1) $?30 1, 1G
G,0 @ 3K G* /3L/1 3.L33@<8 K ?
@*3? $?30 3JG* G/N G3 ? /18 * @ * G,0 * ?)J G* 31G?@G GL 1 G*
@J)) @G ? 5? @ 1G /G ? 535J/G,31 3$
0?,G,0 5 35/ @ 55?3*,1) G* ?,G,@*
K// N 1 033?/1 $3/. ,0,1,@* # JG
@,1 /,$ ,1 G* *,//@ L@ ,GG ?/N *?
@/ @ $?30 G* L @G 5?3/N @30 G,0 $G ?
G* G*,? 0,// 11,J0 5 ?*5@ ,1 @ ?*
" ,1? @ 31GG L3J/ / G3 3JGL?
13G ,1L? 0,)?G,318 K 1 $G ? G* 033?@
3$ 0 G/@ 1 5? ,3J@ @G31 @8 * @ L ? 5 35/ / ?1 G3 @5 . /@* 1 GG 1
- /" +C98: ,1: 9/9)-& +C:@9: - /,)-@)/-: /" 1'H:)+ "@C9: 9/:: +:4 +C98: @H1)+ 7+H-+H,/- -8 27
83 "9/, '): 0.0= 9@)+4
AA<
FFF4"/9@-@),:4/,
' ')&' ,//9+- /" +:8: 79- :9@8 F: '/, @/ @' )-)&-/C: 19()9/- 71+- /+*8 @'@ +C9 +)E F9 @' 19/+ :): /" +:' ")9H +/94
*5 / ;G* 033?/1 *0/ G@ 3$ G* 5? @ 1G @G? 1)G* 1 1G,31/ ? @,/, 1 ,1 G* $ L*3 3$$ ? G* 0@ /K @ $3? 0 @J? 0 1G<8

N ? @G,// 3$G 1 ,1 G* *1@ 3$ K ?N 3/+ 3$ $JGJ? 3130, 1 0 ,/ 0 ?) 1N8 G>@ *? G3 ,0),1 *,0 13G 0 1G,31,1)
@G/,@* $0,/, @ ,1/,1 G3 ,1? ,1)< ?,G,1) G G,0 L* 1 1G,31/ @J?K N@ *,@ /, $ ,1 G* 1, 1G 3?,),1@ 3$ G* /3/@
# 1 ?J,//N @G,// ,1 53@@ @@,31 3$ G* 3$ G* 1G,31>@ * /G* L ? ),11,1) G3 ,1 G*G / GJ? 13G / @G G3 13J?) 5 35/
?*, 30,1G,31 3$ 5*N@,/ $ GJ? @ %?@G 30 @G1? * 53,1G 3JG G*G -J),1) G3 5JG G* 0@ /K @ $3?L?8 1 1G,31
@ 1 ,1 G* /G /3/,G*,8 ,1,K,J/@ ),1@G @30 J1,$3?0 @G1? 3@ @@ L,G* *,@G3?N L*3 L3J/1>G L1G G3
3$ =13?0/,GN> L@ $33/,@* ,$$ ? 1G ?,/ .13L G*G G* ,? 1 @G3?@ * 1 5?G 3$
GN5 @ N %1,G,31 L3J/ M*,,G ,$$ ? 1G G* /1@5 @,1 G,0 N31 0,1: JG
5*N@,9J @8 *G L@ 13?0/ $3? *,/ ,1 G* @G3?N G*G N. @ * ? L@ K ?N @5 ,%
/ J? # ? @5 G 5?3$ @@3? G G* 033?/1 / @ L@ 13G 1 @@?,/N @3 $3? @30 G,0 ,1 G* 42&P@ 3? CP@ G* ? L ? GL3
1,K ?@,G, @ 3$ / @ 1 1* @G ? //3L 31 $3J1 31 G* $ 1/1@ 3$ @G 1)/,8 1 ?G*/ ?3G* ?@ L*3 /,K J5 ,1 G* *,//@
3$ G* 3N/ 3, GN 1 5? @, 1G 3$ 01N 1 L31 ?@ L*G * L3J/ *K 0 3$ G* 3K @G? 'J? 1 11J//N ? )/ G*
3G* ? / ?1 @@3,G,31@ # 31G,1J G3 03 ?1 3@ @@,31 L,G* 0 @J? 0 1G@8 @*33/*,/? 1 3$ ? )?31 L,G* / 031
5J/,@* 31 G* 5*N@,/ 1G*?353/3)N 1 1 G*,@ 31G MG 1 G *,@ ,1@,@G 1 ,1 . @ 1 K3/JG,318 3 L* ? , G*,@ @G3?N
K3/JG,31 3$ G* ?,G,@* 5 35/ J1G,/ G* 42&4 G* 3N/ 1G*?353/3),/ 1@G,GJG 30 $?30:
1 3$ *,@ /31) /,$ 8 1 G* @ 33.@ 1 )1 1G,31+L, @J?K N 3$ /33+)?3J5 @.,1) /3/ 5 35/ 6,1/J,1) G* 5? @ 1G
55 ?@ * 31G,1J G3 *00 ? *30 ,@G?,JG,31@ 5?3- G G*G L@ %?@G G. 1 L?,G ?>@ 5? 1G@+,1+/L7 3JG G* M,@G 1 3$
G* 31/J@,31@ * * ? * @30 (P 3K ? N G* J$% / /33 ?3J5 1G? 1 ?G*/@ /,K,1) ,1 3? 1 ? G?G /3?,
N ?@ ?/, ? # L,G* 5 ?*5@ @/,)*G/N 1 G* 1 N G* ,/ @ ?* 3J1,/>@ L@ 1 M ?,@ ,1 0JGJ/ $' 0 1G8 JG
)? G ? 05*@,@ ,1 G* 53@G+L? N ?@ 31 ?3/3),/ 35J/G,31 1 G,@ 3?G3?N # G* 9J @G,31 , @G,? K)J 0 03?N $3?
G* 5 ?1,,3J@ 1GJ? 3$ G* JG31, ? + 1 L3J/ K 1GJ//N $ ,1G3 ?N1 N. @>@ @30 3$ GL3 ?3G* ?@ L*3 * /,K 1 ?
@J5 ?,3?,GN 0NG*8 * 3? 3$ G* ?,G,@* ) 1 G, G/@ 3$ ?,G,1 G* @J?K N L,G* L*,* 31G ?LN K,//) 3JG 4H 3? 4( 0,/ @
535J/G,31 * ?)J L@ 1 ,G* ? /G 13? G*,@ @G3?N )18 $?30 @G? 'J?8 1 L@1>G G* ? @30 G*,1)
M318 1@G ,G L@ G* ?. /31)+* 3JG 31 3$ G* 0 *K,1) $J11N+@*5
3/,G*, GN5 %?@G , 1G,% ,1 / @ G* * : 3?,1) G3 ?LN 3L //@ /3/
1J0 ?@ 3$ L*,* * ?)J L ? GJ//N 3 L* ? 3 @ // G*,@ / K N. @ 1 @* 5* ? 53 G 1 @*3/? G* @ ?3G* ?@
,1? @,1) L,G*,1 G* 535J/G,318 30 G*,1) G* G/ 3$ G* 1 ?G*/ GL,1@ 3$ L ? G*
0 @ ?3G* ?@ G* /@G 3$ $0,/N
,1 G*G 30,1G,31 3$ *?G ?@ 0 1G G*G ? )?31: / ?/N / J? , 13G /, K L*3@ ?33G@ * )?3L1 5 ,1 G* /3/
G* ,? 53@@ @@3?@ G3/ ?G ?3L ?05 * * , 1G,% ? 011G 1 ?G*/ /1@5 8 JG G* ?3G* ?@ * 1 $3?
J?1 31,G,31@ GG ? G*1 , G* G// $,? 535J/G,31 ,1 0,+/ @ # JG 9J//N / ?/N 3JG 3$ G* ,? 1GJ?, @+3/ $?0*3J@ L* 1
3?,@8 * , /, K G*G /3/,G*, 5*N@,/ G* K// N /3L L@ '33 G3 0. G*
,G* 13 G3 G* 1G?/ 5/11,1) G*G L@ *?G ?,@G,@ * 5 ?@,@G ,1 G* 03 ?1 1G+N+3* ? @ ?K3,? ,1 42C(8 *,@ K,G,31
*?G ?,@G, 3$ G* 53@G+L? 5 ?,3 # 1 535J/G,31 3$ /N1/N0318 G>@ MG? 0 /N /,. /N L@ 13G 3051, N G* LK @ 3$ K,3/ 1G
G3 G* 05/3N0 1G 3$ $JGJ? ) 1 ?G,31@ 3$ G*G G* /3/ 535J/G,31 .1 L G*,@ / J? 1G,+1)/,@* 5?3G @G G*G L ? 5?3K3. L* 1
1G*?353/3),@G+) 3)?5* ?@ # * ?)J G*G /,K ,1 1 ?3J1 ?N@GLNG* $?30 4!2B G* /@* K,//) 3$ ?NL ?N1 L@ ?3L1
L,@ )3K ?10 1G L3J/ 13J?) )? G J1G,/ 42HP 1 31G,1J G3 K,@,G G* ? G3 0. 13G* ? ? @ ?K3,? $3? ,K ?533/ ,1
K?, GN 3$ *J01 @G3. L,G*,1 ,G@ 535J/G,31 ? )J/?/N J1G,/ *,@ G* ,1 42C28 @ N. @ 42C&8 JG ,G , GG?G G* /3@ GG 1G,31
1 L3J/ 031,G3? G* ,? ,@G?,JG,31 , @ /G ? *,@ @G1? G *1,9J $3? 3$ ? 53?G ?@ 1 %/0+0. ?@ L*3 ? 3?
? $J//N8 * K?, GN L3J/ 305/ 0 1G %1,1) @J- G@ $3? *,@ @J?K N L@ G3 ;K,@,G 1 ?3@G G* ? 03K/ 3$ 3, @ $?30 G*
1 305 1@G $3? G* 3G* ?>@ 5*N@,/ 1 ,@G?,G G3 0. 3J? 5J?53@ .13L1 N /,GG/ *5 />@ )?K N? 1 G* ? /3G,31 3$
0 1G/ @G? 1)G*@ 1 L .1 @@ @ 1 G*J@ / GJ? 3? 3G* ? 0 1@ 1 G3 5G // 0 1 ?31 ) ,?1@ @ G*
0 @ ?3G* ?@ L ?
AA<
FFF4"/9@-@),:4/,
/N1/N031 *,//@ ,1 03K G*G $3? @*3L
@ ?,3J@ 1)/3+ /@* 31',G 30,1)
3,1, 1G//N 31$J@ L,G* G* $$3?G@ 3$
53/N0G* @*3/? G3 *?G G* 305/ M,G, @
3$ ?,G,@* ?,/ 65? 7*,@G3?N G*G /N *,1
G* @G1? M31 K ?@J@ /G @G3?N: ? L@
,G 0 J5 3JG 3$ L*3/ /3G* N /@*
?,1. ? . 1 ,G* ? G3 1G ?G,1 *,0@ /$ G
G* M5 1@ 3$ G* K,@,G,1) 1)/,@*0 1 3? ,1
G* *35 G*G G* K,@,G3? L3J/ ? L? *,0
L,G* G* 5?, 3$ 5,1G:
,G* ? LN L*G G* @G3?N 3$ G* GL,1@
3$ ? )?31 15@J/G @ ,@ G* ,,1)
$@,1G,31 G*G 3?,),1 @G3?, @ 1 3J1G@
3$ G* 13G+9J,G +*J01 1 K3. @ L // @
G* ,K ?@ LN@ ,1 L*,* @, 1 ? @531@
G3 @3,/ 1 61 K, K ?@78 * ,/
13 /31) ? L*3//N @G,@% /G ,G3?,1@
1 L?,1@ L*3 @3J)*G 1 L ? 03?
@, 1G,% M5/1G,31@ 3$ *J01 3?,),1@
L*,/ G* 1 3+/,O G*1@ G?, G3 J@ G*G
@, 1 G3 0. ?G,31/ 5/1@ $3? G* 1G,31>@
$JGJ? 8 300 ?,/ 1/N@,@ 6K,//
N 0,/ 3? ? K ?G,@ L* ? K ? ,),G/
3JG/ G@ M,@G7 ,@ 0 ? /N G* /G @G ,1?1G,31
3$ G* ,,1) 31 ?1 L,G* L* ? L *K
30 $?30 1 L* ? 1 L* 1 # 5 1,1)
31 3J? ) 1 G,//N 0 @J? @J@ 5G,,/,GN
- /" @'
,: 9/@'9: @ -@(H(/' 9, +//*)-& -/@')-& +)* +C98: 7+H-+H,/- @H184 G3 1N ),K 1 ,@ @ # L ? /,. /N G3 )38
JG ? ?G / J? >@ L3?. $3? // G*G ,G
,@ ?*,//N M5? @@ ,@ ? 0?./
$3? 3JG 3$ G* ,? 1G,K *,//@8 /,. G* %1,G,K ,0) 3$ G* =/N1/N031 5? @, 1G ,1 *,@ ,1@,@G 1 31 G* 3+ K3/JG,31
1 ,G @ 0 G*G G* ?3G* ?@ * GN5 > G*G / J? @?, 1 ,1/J ,1 3$ 3?)1,@0 1 1K,?310 1G @ L // @
,1 G @30 53,1G 1 ,1 31GG L,G* *,@ 424C ?G,/ # /G*3J)* 13G/N G* N 3 *,@ ,1@,@G 1 31 G* 1 G3 G. 3J1G
/ J? 8 ?LN 3L //@ ? 0 0 ? G* @G3?N ? @ 0/ 3 >@ =N0?3+?31O > G )3?N8 3$ ?,/ 6 G*1,7 3?,),1 L* 1 @@ @@,1)
/ J? * 0 @J? G* * 3$
3*1
0 @ 3L K ? L* 1 / J? >@ =GN5 +5,GJ? > 3$ ,1,K,J/ 1 1G,31/ * /G* # 1 ,G //
1 $3J1 G*G ,G L@ 1 @3/JG /N GN5,/ /N1/N031 1 L@ J@ ),1 ,1 42IP 0 $?30 G* @5?@ /N 535J/G )? 1
M05/ 3$ ?G,1 /3/ *?G ?,@G,@ # @3 ?G,/ G* 5? K,3J@/N 131N03J@ @J- G @ ?G 3$ 03J1G,13J@ 0,+/ @8 * ? >@
0J* @3 G*G ,G @ ?K G3 31 M*,,G8 L@ 13L , 1G,% N *,@ ,1,G,/@ # =
>8 1 /3G 03? G*1 -J@G @* 5 ,1 G*3@ *,//@888

55? 1G/N 0J@ J0 * 3$$ ?
0 @ N G* G,0 ,G 55 ? ,1 *,@ 42&4 33.
FIPP $3? *,@ * $G ? G* 1 3$$ ? G*G

@ 5?G

L@ ? @,1 L* 1 J/GJ?/ 1 @, 1G,% 3$ @ ?, @ 3$ 5,GJ? @ ,1G 1 G3 ,//J@G?G
$@*,31 GJ?1 LN $?30 3G* ?1,30 G?N G* 5 ?@,@G 1 3$ 5*N@,/ GN5 @ 3K ? G,0
): '):@/9)-
1 G* 5J/, M*,,G 3$ *J01 ? 0,1@ # 6G* @ /@3 ,1/J 3 ?G J?1@ @ GN5,/ /" :)- @ @' -)E9:)@H
5? @J0/N G3 G* )? G ,@553,1G0 1G 3$ ?.+*,? /31)+* 1 *?/ @ ?L,1 /" /9* F'9 :' F/9*: /-
G*,@ %@//N 5?J 1G 01 3$ ?,)1@*,? 8 @ 0 0 ? 3$ G* . ? $3/.7 G* @J- G @' '):@/9): /" 19'):@/9H
@ G*,@ G* 6)?/ 7 3?,),1 3$ G* L@ @?, @ 31 ;

0 @ $?30 G* /" @' "C@C9 - /" 'C,->
1 ?G*/ @G3?N: ?G,1/N / J? L@ @G,// /N1/N031 ,@G?,G @*3L,1) $ GJ? @ .,1 G3 -),+ 9+@)/-:')1:4 '
G,K /N 31JG,1) ? @ ?* G G,0 L* 1 G*3@ 3$ 01 3$ G* /G ? /3/,G*,<8 @ 19@(F/9* '
* 3J/ *K 0 G G*
0 @ ?3G* ?@8 JG G*,@ @ 3$ 0,@G. 1 , 1G,GN: * @G3?N 3$ F*-)- '9 )-@9:@ )- F)9 :@C"" - :'
G* 5,GJ? @ G*G M,@G 3$ G* 0 /33. 13G*,1) GL3 ?3G* ?@ $3? 3JG 3$ G* ,? *30 ,1 G* ': - - E) 99 /" E9 :)-4

/'- / ! 99@
/'- +C9 +FH- @F- 0.B< - 0.A= /F- 7)@C9H
9H- H*: 2BII=3 # # $# # E): 7'H:)+ '9@9: +)-& F)@' @' E/+C@)/- /" 99@
/'- +C9 20<<(
# !! ' # # # # ( !# ,/-& +:',-8 $ )E)+):@)/- "9/, @' 1: @/ 0.=.38 %&
#! $ # !# ( $ 0# 91C+):' # ( # @' 9/- &4 =I 0.<I 11%%A(%%#4
-@, 9:: /-/- BII=4 0.<0 C@')-:/- - /4 !##$# # # +C9
,: 0.0= +C9
,: 0.#
5C/@ @*- "9/, 1B.4 # 0.# 1%B4 1%#4
9+ /9&- 11%#(.#4
&# !# ( /,9 E) ++-8: ) 1%04 //@& "9/,
9:: +-H:C+ BII#4 +:/ 7 -@9/C@)/-8 @/ @' 0.<0 +C9
,: 0.# /C,-@9H '9/-)+)-& @'
C@')-:/- )@)/- /" 1%#4 +C9 0.#0 1A<4
'@@1>>-4F)*)1)4/9&>F)*)> 9/F-)-& /" @' "9, -
:9@D/"D+:4 ! #4 99@
/'- +C9 ) 1=B4 '1+ - "/C- @ FFF4
$ %
C+H 0.=. 1%4 +) 9-@@ 799@ #$ !# (
+C9
,: 0.0= H/C@C4/,>F@'6E!(

/'- +C9 0<<(0.=.8 # % ! !#$( 1<04 1 = .::4

/'- 9:@F)' 7+)-@
! #! #&
),1+,-@: )- @' 9)"@8 ) 10A<4 99@
/'- +C9 7/,
&! # ( #(
% #! 9+H --@'9/1) @H1: )-
#$ 0#. %%I( 0= 0.<I 11B#A(B< /++)-: /-/- 0.#04 '): ) 10%=4
%0;
/'- E-: 7- C9/1 - @')9 ,/9-
99@
/'- +C9 119 : 19@ /" @' 7 F ) 10%# 0%=4 919:-@@)E:8 $
@' /C99- /" $)-@ @C9+):@8 :9): )-:1)9 H
)-:@9C,-@:8
,: 7/&91')+ +C9 0.#0 1.%3 # ( #
):@9)C@)/- /" -@'9/1/+/&)+
C+)- CG+H - C+H !##$# # #
A 0=I11BI(AI<4 @,1 ,/-& /@'9:4 99@
/'- +C9
@H1: )- +:8 $ # # - #I 0.BI
)++), /H F*)-: % +:/ @' ! !#! #! %!#
( # !##$# 110B(%I4
$# ,)++- /-/- :9): @'@ ' /(F9/@ F)@' G"/9 @ @' +9-/- 9::
# # #
0<%4 9/+ * 1C+):' 0.% 10#4
%= 0.0= 11A#(0#A;
H G"/9 -)E9:)@H 9::
AA<
FFF4"/9@-@),:4/,

" ! # !

! ! "

5+<" +) ) +<95+- + 5+&

+= 9" =$''! + +)+)
+) 9" )+)6$) $6') +
<'>6$ >+() !) 9+
>$' 6+)! + 6+55+>0 9 >6
!<995' 5@ ) )+9 1<$9
"<() 6+(9"$)! '$& )6" ''
9$)! >$9" 9" @--$)! + %&'0 " >6
''$)! +5 "5 6+) )$ >"+ >6 )9+(
$) !5= 5= +<9 + 9" =5@ 69+) +)
>"$" 6" 690)$ " ) +5 9>+
6 <9 "$6 (+9"5 6-59'@ )

+

9+ 6 "$(0 >)9 969 + ($'& )
9+ "5 )>6 + "$6 6<5=$=$)! 5'9$=67 9"$6
(<" " " ?-'$) >") "$6 6-$5$9 '69
--5 9+ "5 $) 5(0
" 5<)$+) >+<' )+9 6$(-' )
$9 >+<' )+9 1<$& "+>=5 6$) $9
>6 !+=5) @ +(-'? =$''! -5+9++'0
)$ >6 )+9 9" +)'@ -56+) )6 $)
9" 5+& 5@-9 ) 6+'<9'@ )+ +) +<'
5(+= <)9$' 9" '5 + 9" =$''! =)59$+) 69$=' '9"+<!" 6<" -5+6$
55$=0+ + 6+ +5") >6 9+ =$+'9 95)6'9$+) 6''6 9" 6"+59 6$)
9++ ) >+<' 51<$5 9" 65$ + $946 -5+'@ 9" >+5'46 !5969 5$9<' +
-$! +5 <'+ $) ?-$9$+)0 + +5 )$46 +)$)! 9>) 9" '$=$)! ) 9" 0
(+9"5 9"5 >6 )+9"$)! '9 9+ + <9 +5 6$($'5 5$9<'6 6 2>&)$)! 9"
>$9 ) >$'0 ") "5 6+)46 6&9 )''@ $) !653 @ $"' 5$)
(5! 5+( $96 !5= 6=5' "+<56 '95
0 9 $6 9$( >")
9" +@ >6 5<''@ <)>5-- 9+ 5=' ($'$6 5(+= 9"$5 6 5'9$=6
5+99 566 +=5 $) $59 ) 5>'$)! 5+( 9"$5 !5=6 ) '++& 95 >"9=5
>$9" 9'6 6$!"9 9"9 >+<' 5$= (+69 $6 '9 + 9"$5 (<(($ +$60"
-5)96 9+ 9560 <9 )$46 (+9"5 "' >$'' ') <6<''@ @ <69$)! >$9"
$)69 9" +<)9)) + '+=0 " 6+9#5$69' 5<6"6 ) +9) +>) 9+ 9"
-566 59+) + +))6 ($'& 9+ 9" !)$9'6 ) )<6 566 $) )> '+9"6
5+99$)! '$-6 ) !) 9+ 9'' + '' 9"9 " ) 9" 5())96 + 9"$5 "$5 >$'' 69@'0
-66 6$) 9"@ " '69 6-+&) 6 )$46 ) 9" 9>+ !5+<-6 6-59 @ 9" !- +
5+9"5 ) 6$695 5' "$6 "0 (+59'$9@ >$'' +) !$) 6"5 " +9"546
9 >6 $A55 6) +5 ) +<96$5 +(-)@0
6+(9"$)! 9"9 ($!"9 +)6$5
!"+<'$6" 9+ 9" -+$)9 + 5=<'6$+)0 <9 "5

$) 9" -5+=$) + ) +5% $9 >6 ) @ 9" )?9 (+5)$)! $) ) 5+<) 9"
$(! + !59 <9@0 ) $9 >6 6) '5!5 9+>)6"$- + <'<')!&) (+5
9"9 >6 +<9 9+ 5-'@ +=5 9" >5 $)! 56<5590" <!"95 +
+''+>$)! @6 $) +9"5 =$''!6 '$)$)! 9" +") )6 --$ >6 +) ") 6 "5 9"546
)5@ (+<)9$)60"$6 >6 9" 569 @ + =5 >6 695$-- +>) 9+ $96 >$9"5
9" '+' '59$+)0 ()6 $(# 0!! -) (3 $( & 6" <''@ ') ) 5#5+ '' 9+
)69+5 ) 9" (+69 '$95' 95)6'9$+) (-/(# $ $# #) %%& !59 )5 +) 9" 5++ + 9+( $)!
+ 9" 95( >+<' 9+ '' $9 ) )69+5 #! %%! ) )%(/ /% 3 ) "!3& 9" ($) 5+0 @ '95 9" 6$9
..*
111&$(-#-")&$"
+5-6 + $(+)! 5 >"+ " $ :B
@56 -5=$+<6'@ >6 99 $)9+ )> !5)
566 @ "5 !5)6+)60 )>"$' +)
>6 +-) 9+ 5=' )!!'
--'
>"+ " $ 9 9" ! + *B $) ;BB, )
>6 6<55+<) @ ) )9$5 59$)< +
6))96 >"+ 9++& 9<5)6 <99$)! >@ "$6
$59@ 6<$9 >$9" 6$66+56 5<''@ 99$)! "$( $)
)> +) ) %<69$)! "$6 !'666 9+ 9 9"
<55)9 $()6$+)6 + "$6 95$+59 "0
9 +9"5 9+(6 $))96 >5 +)
!$) (5 @ 9"$5 (+9"56 )
"$'5) " ") 9+ (9 9" !59
!5)-5)96 9"@ )=5 &)>0" '$=$)!
'$!"9 $) 9"6 5<)$+)6 ) ($!"9
5@ '<!" +5 9'' 69+5$60 )@ )6 + 9"
6 -66 +) 9"5+<!" 5(6 +5
=$6$+)6 >5 99) 9+0 <69 6 )$ $)
+)+) >)9 ($'& +9"56 ($!"9 "=
-' 51<696 +5 59$) !5()96 +5 $9(6
9+ -' >$9" 9"( 6& +5 ($'@ )>6
+5 6$(-'@ 9+ 6 5'9$= >"+( 9"@ ($660
+( + 9" +5-66 >5 =) >'& 9+
) 5+( 9" ($'@ "+( 6+ 9"9 9"@ +<'
+65= '' 9" ($)<9$ + 9" '$=$)! >+5'
9"@ " '9 "$)0
+ +9"5 <'9<56 9"$6 ?9$+) +) '$)! <60 <9 "5 9" +)49 99& 9" '$=$)!
$59'@ >$9" 9" $6 +)6$5 6+
?66$='@ (5 9"9 $9 "6 !$=) 5$6
9"946 +($' )+9$+)0) +5% $6
-' +5 9" '$=$)! <9 9"@ '$= >$9" <6
9+ $A55 69+5$6 $)'<$)! 5<(+<56 +<9
) +5% $)! -+-<'9 @ A+($60

6 5$)6 ) '+= +)603
" +))9$+) 9>) 9" 9>+ !5+<-6
'+' 9)!5 >"+ &)+>'!6 " "6
6) > A+($ (+=$6 $6 (<6 @ 6<" $6 6+ $(-+59)9 9+ +5%) 6+$9@ 9"9 9"
$6 +)6$5 ) $)6-5' ) 66)9$'
9'6 <9 '6+ -+$)96 +<9 9"9 9"5 $6 )
$5+)$ '()9 + 95<9" 9+ 9"(0 2"@45
)+9 5''@ "5 )+9 $) 9" >@ @+<
+<)95-59 9+ '$0 '+' 95( 556 9+ 9"
9$( 6"5 @ 9" '$=$)! ) 9" 6
25<5 9$(30 $95''@ '69$ $9 $6 9$(
<)569) $90 + $946 95< 9" '$=
(+)! <6 ) 9"@ ) +((<)$9 >$9"
9"9 (+=6 )+9 5+( -69 9+ <9<5 <9 59"5
65=6 6 ) <(5'' 9"9 <)$96 +9" !5+<-6

/"") ( (/!!3 ("$0 ($" -( -$") $( - & "$# ( ) -- 1- #1 (# ()) 3 ( (#)$#)& #!
'-## 1$ ( 13 # - )$/- $ - )!# ) 1!$" -$ ) $" 3 (!-0) 1$ !0 $(#) $ ) # -! #/-) $# ) $3&
..*
111&$(-#-")&$"
# ) /#1(%% 3 ) "$-(& %%( -$ ( # (" ) # $( "! # #1) $ ) !0# (!-0)& $# #) %% !# # %%(&
6 -59 + @' + +(-'()95@ -596 $) $6 (<" +'5 ) $6 +)6$5 -59 +

>"$" 59$+) 5$=6 5+( $66+'<9$+)0"@ 9"
.2@ + 9" )69+563/
5 +--+6 <9 )=59"'66 +5( 6$)!' >"$" 5-56)96 9" +5%)6 (+69 -5$A
-9" '$&) 9+ 9" 9>+ "'=6 + 6-'$9 95$9$+)60 +>@6 > -+-' '$)! 9+
(++0" -9" + 9" '$=$)! $6 +)$= 6 )9$= )$($69$ 5'$!$+)6 ) (+69 + 9"

.6)$)! 5+( 5$!"9 9+ '9/ ) -+-' 5$)!$)! +59" +5-66 $) 9 +)6$5
9"9 + 9" 6
.6)$)! 9"(6'=6 9+ "5$69$)6 +5 <6'$(6 <9
5+( '9 9+ 5$!"9/ ) >") +($) 9"@ >") $9 +(6 9+ '$)! >$9" 9"
5 <)$ 6 -59 + +)9$)<+<6 5+99$+)0 -56+)46 +69)6$' 5'$!$+<6 +5$)99$+) $6
$55'=)9 6$) =5@+) <'96 9+ 9"

0"6 )$)9 5$9<'6 5 69$''
66)9$' 9+ 9"9 @' $6 9" 59<5) "+( +)6$5 9" 69 >@ 9+ )6<5 9"9
+ 9" 6-$5$9 ) 9"$6 -5+=$6 )+9"5 9" 5 -5+-5'@ 5 +5 ) 9"9
$(-+59)9 6-9 + " !5=6$9 9" '$=$)! 5$= 9" '66$)!6 9"9 9"$5
$6 +)6$5 ) ?9)6$+) + 9" ($'@ )69+56 ) -5+=$0
>''$)! 555 9+ '+''@ 6 2"+<6 )!!' 49$)!!$46 +<6$)6 <)569)
+ 9" )69+563 +5 29" "+<6 >"5 )+ 9"$67 6 9"@ =$> "$6 +5-6 9"@ " $)
5 $6 '$930" 6$5 9+ 59<5) <-+) 9" 9<5) ) +=5 ) >"$6-5 9+ "$(0 )
>6 95$9$+)''@ 6+ 695+)! 9"9 '+'6 >5 9"@ &)+> " >$'' 5-'@ $ )+9 $(($9'@
-5)+$ +<9 95=''$)! 9++ 5 $) 6 +) $) 9$( -5"-6 $) 5( +5 =$6$+)0"$6
>+<) <- $) -' 6+ 5(+9 9"9 595$=' $6 +))9$+) 9"9 9"@ ))+9 9<5) >@
$) 9" 6 + +)46 $'')66 ) 6<61<)9 5+(0 +5 >+<' 9"@ =5 >)9 9+ <6
($6 6"+<' -5+= $(-+66$'0" 69$=' @ '9 6<((5 9" 5$ 5+-6 "= '' ) 9+ 5<-9<5 9" <)$+) 9>) 9" '$=$)! )
$6 9"<6 &$) + "+(+($)! +5 9"+6 >"+ "5=69 ) 9"5 $6 )+ >+5& '9 $) 9" >+<' -5$= +9" !5+<-60 2"@ 5
$ 5 >@0 +$6 '$& 9"9 + )!!' '6 5$)! -+-' 9+ ' >$9" 9" 9$(# "5 >$9" <6 ) > 5 "5 >$9" 9"(3 +)
49$)!!$ + <'<')!&) >"+ $ 5 9+ +)6<($)! (995 + 9"$5 )69+560 946 ?-'$)6 9<5)$)! 5+( 9" +)0 2+ =5
9" 6+<9" $) &665 5 6"$-- 9+ 9"$5 +((+) +5 =$''!6 9+ '59 9" 69$=' ")! 9"9 >+<' () +9" !5+<-6 '+6
=$''!6 5+( 5(+9 -596 + 9" +<)95@ +) 9"5#@5 @' '9"+<!" 6+( (@ "+' 6+(9"$)! -5$+<60"$6 +))9$+) $6 9"
) 69+5 <)9$' >") 9"@ >$'' $9 (+5 +9) 6+( '66 ) +9"56 )+9 9 ''0 (+69 $(-+59)9 9"$)! > "= 6 <'9<503
-' +) =$> ) +$''@ >'+( &0 @5'@ (9$)! >$'' "' 9+ 95($)
) 9" 6 + 49$)!!$ 5+> + 5'9$=6 >"9 $ )@9"$)! 6"+<' +) +<9

) 5$)6 !9"56 9+ 6 "$6 +5-6 <)=$'7 ) 9" $6$+) $6 6 <-+) 9"
'$ +<9 $) 5+)9 + 9"( 9"@ 9& 9<5)6 <55)9 99$9< + 9" '$=$)! '+)! >$9" )@
) #
-'$)! +5$)!6 + 6" 9' )<96 ) +9"5 (66!6 +5 +-$)$+)6 >"$" (@ "= ) (- )-$(# /-$( #
9"$)!6 +) "$6 +@ ) 9"6 >$'' '' (& 5$= 5+( 9" +) 9" (9950 %$-$(%( ($" $)
9"$5 >@ & $)9+ "$6 6&90 $) +5%)6 " 9@-$''@ -565= #!)& ) !#
@-$''@ 9" 9&6 -'6 $) 9"$5 >$9" !)96 6<" 6 9 +$'6 ) 2%(- # - )-$(3 $
<!<69 '9"+<!" 9"5 $6 )+ 69 9 ) 96 9" (+69 )$)9 (<(($6 "= @ )+> $#$(- )(#) #
)+ +59"++?@ !+=5)$)! 9" -5+$)!60 95$+59 '=$)! 9" +'69 9 -5"-6 (!$/) )-(/-/() #
<!<69 $6 "+6) 6$(-'@ +5 -59$' 56+)6 ,BB @56 +5 6+0 <9 9" 95$9$+) + (/!( $#-(/-$( -$ &
..*
111&$(-#-")&$"

"
#

"

! !
"

IBF 5B.5311M! 1.2
F%F=CF= 0+ -H(CF= -C -(C
#2#A+#B 5IF 751.F..3 - =0,C(, =<(!< 0 %0C=5
F,F .B B5 1IA." 3"
I3#1.#J1# #J#3 52 F5 # +#3.IB K,5 75BB#BB#" 35F
FB53 2.+,F ,J# FA5I1# 531M 2N.3+ "A#BB-B#3B# 3" 3
BK115K.3+ .F: 3# A##3F BI, F1# .3527A1# 5223" 5& F,# 3+1.B,
&A52 2#A. .B 3 #L#11#3F B# 13+I+#! IF! /IBF B .27A#BB.J#1M!
.3 75.3F: 5A".3+ F5 B#A.#B 5& 5K3#" =2I1F.71# 527IF#AB
B#3BF.531 B1IAB 2"# "IA.3+ F5#A 7#AB531 1.AAM:> ##2.3+ 11 1KM#AB
HO6(! .#AFA.3 AFM 3"."F# =35F,.3+ 25A# F,3 7AB.F#B> K,5
&A52 15A." KB 57#31M IB#" 5& =&##" 5&& 5F,#AB 1.0# K5A2B>! 51
,J.3+ BA.'#" +5F F5 2MBF#A.5IB 11#" I753 ,.B 7##AB F5 =1550 I753
I3-,A.BF.3 +5"B 3" F,#3 B1IA7.3+ M5IA 1.J#B 3" A#7#3F>! F,#3 A52#"
I7 .FB 155" .3 .NAA# A.FI1:,# KM F5 2##F F,# +5"B: "A.3 M11.#
BFA3+# F,.3+ 5IF F,.B 7AF.I1A K5I1" ,J# ##3 ;I.F# ,77M .& ,#
25"#A3-"M K.F,-,I3F! ,5K#J#A! KB ," 3#J#A A#FIA3#":,# .#AFA.3
F,F .FB FA+#F A#11M KB &5115K#A 5& 1#"#A 11#+#" F,F 3J.FIB KB F55
F,# A0 AFB: #LFA#2# #J#3 &5A A5K1#M.F#B! 3" ,"
I+IBFIB 51 3J.FIB! GH! .B ##3 #L7#11#" &A52 F,# &5115K.3+
+#3I.3# 3"."F# &5A F,# #3F#: .B
32#! ,# BMB! 2#3B ?2/#BF. I353;I#A#"
5F,#A 2#2#AB@ 5IFA+# F ,.B 15J# 5&
=B".BF.11M ".B2#2#A.3+> +5FB! B52#F,.3+
I3@ .3 F.3! 3" B##2B F5 # F0#3 &A52
I1F +.J#3 5&'.1 BFFIB M F,# 523
3J.FIB ,5F1M "#3.#": M11.# FA.#" F5 +#F ,.B
3#2#B.B F,A5K3 5IF 5& F,# .#AFA.3B F55!
27#A5A IA#1.3 .3 HD*: #A,7B
I3BIA7A.B.3+1M! F,.B .B 35F F,# 32# ,# KB IF ,.B 25F.53 KB "#&#F#"C F,# =&B.BF
.3'1FAF5A #3F 53 .J.1 KA> ," K53: 3BF#"!
+.J#3 F .AF,! IF .F .B 35K ,.B FI1 1#+1 .F KB M11.# K,5 #3"#" I7 JF.3+ ,.B
253.0#A 851 A#&IB#B F5 +.J# ,.B A#1 .AF,-
32#C 2M# .F KB #2AABB.3+1M B.11M9: A
75B.F.53! .3 3 F 5& 7A5F#BF:
3 F#A2B 5& 3J.FIB@B FI1 751.F.1
3J.FIB .B ;I.F# 57#3 5IF ,.B F 5& +5F-
BA.'#! K,.,! ,# BMB! F550 71# &5115K.3+
7,.15B57,M! ,# .2B 5J# 11 F5 BF.A 7#571#
&A52 F,#.A 5271#3F B1I2#A: A! .3 ,.B
AF,#A .3F#3B# 7#A.5" ,# ," B7#3F K3"#A.3+ 5K3 K5A"B = "5 35F K3F M5I F5 J5F#! B5
F,A5I+, F,# 5/J# #B#AF! &BF.3+ 3" 35F! 77A#3F1M! K.F, "A.3 M11.#! &5A2#A 2I, B K3F M5I F5 K0# I7: K3F M5I F5
7AM.3+: 7.11.3+ F,# 3.21@B 155" KB 2#3F ,.A23 5& F,# .#AFA.3 AFM 5& 15A."! "A57 5IF 3" FI3# .3: K3F M5I F5 F0#
F5 # FA.IF# F5 F,# 5"B 5& F,# .1"#A3#BB! K,5 J51I1M 5/#F#" F5 F,# 3FIA# 5& 3" 7AF.B# B5A#AM: K3F M5I F5 1.BF#3 F5
3" 3 F 5& F,30B &5A ,J.3+ BIAJ.J#" ,.B 3J.FIB@B J.#KB: =,.B +IM ,B 35 71# .3 F,# A7 2IB. 3" 10 2#F1! F5 1#A3 F,# 1K
.3F#3B# B7.A.FI1 5A"#1: .B .#AFA.3 AFM!> ,# 335I3#"! 77A#3F1M 3" A#0 .F "#1.#AF#1M! F5 '3" M5IA 5K3
252#3F 2.+,F # =;I.1# .3 F,# 2.3"B 5& I3KA# 5& K,F .#AFA.3.B2 FI11M A#1.+.53: K3F M5I F5 1#A3 F,# IB# 5& 'A#A2B
25BF 2#A.3B!> B." 3J.FIB! IF! F0.3+ 2#3B: F B##2B F,F 3J.FIB .B 522.FF#" 3" BI/#F M5IAB#1J#B F5 A.+5A5IB 7,MB.1
"J3F+# 5& F,# "2.A1# 2#A.3 A.+,F &5115K#A 5& #J#AM53#@B &J5IA.F# ,#"53.BF. FA.3.3+: K3F M5I F5 FA#F M5IA 5".#B B
F5 &A##"52 5& A#1.+.53! ,# BK 35 A#B53 K,M +5F-B1M.3+ 5I1F.BF 1#.BF#A A5K1#M 3" 51M #271#B 3" F5 F0# M5IA +.A1&A.#3" F5
,# B,5I1" 35F 1##" +5F "AM .3 F,# 32# ,.B .3J#3F#" A#1.+.53 5& ,#1#2: 53#-F.2# BFA.7-1I B5 M5I 3 B#"I# "3#A .3 F,#
5& 7+3-0.3": # .B! &F#A 11! 2#2#A 5& 2#2#A 5& F,# A5K1#M-&'1.F#" 2+.01 0 A552: K3F M5I F5 K5AB,.7 FIA# 3"
F,# .#AFA.3 AFM! 3" B5 #1.#J#B .3 F,# +A5I7 A"5 #271. A.#3F.B! 3.J.FIB .B 1B5 "3# 30#" .3 F,# 25531.+,F A5I3" F,# 'A#!
53#7F 5& 3 .3".J."I1@B F5F1 1#+1 3" ;I1.'#" FF5A3#M K,5 53# &5I3"#" ,.B 5K3 BA#2.3+ .3 #BFF. /5M: K3F M5I F5 A#J51F:
25A1 IF5352M! /IBF B5 153+ B ,# .B3@F "5.3+ 1K-'A2: # ;I.F F,# 7A5&#BB.53 F5 #52# .B# #11: A#0 M5IA 1.2.FF.53B: #35I3#
3M ,A2 F5 5F,#AB 8#L#7F 1.J#BF509: F#275AAM "#B#AF-K3"#A#A 0 .3 7A.1 M5IA 1.&# 3" +5 .3F5 F,# .1"#A3#BB! B5 F,F
,F@B 3 #3F.A#1M A#B7#F1# .3F#11#FI1 HO6G! IF 35F #&5A# 20.3+ ,#"1.3#B K.F, 5" 2M B7#0 F5 M5I 5& F,.3+B F5 52#>: A!
75B.F.53! 5& 5IAB#! K,., K5I1" ,J# BF J1#".F5AM #-2.1 ""A#BB#" F5 &5A2#A .3 5F,#A K5A"B =5 B F,5I K.1F B,11 # F,#
K#11 K.F, F,# 1.0#B 5&
5,3 FIAF .11 $ IF 511#+I#B .3 K,., ,# 11#+#"1M 1.2#" K,51# 5& F,# 1K:> 53"#A .& ,# #J#A FA.#"
DD?
III5 0<C-C(,=50,

#2#A+#"! .3 K,., B,# ".BIBB#" F,# A51#

71M#" M 5" .3 A#F.3+ 2#".1 .11B!
3" B750# 5& ,5K 2#A.3 B.#3F.BFB ,"
A##3F1M #+I3 =A5BB-A##".3+ ,I23B 3"
3.21B 3" 52.3+ I7 K.F, 2.# K.F, &I11M-
&I3F.53.3+ ,I23 A.3B>: ,# B,5I1" ,J#
B0#" &5A 53# ,#AB#1&: J."#3# 5& @533#11
53"#23.3+ 2BFIAF.53 B &5A2 5&
="I1F#AM> "." ,#A 1.FF1# +55" #.F,#A! 35A "."
,#A 1.2 F5 ,J# ,#A" F,# =I".1#> J5.#
5& 5" "IA.3+ "#F#:,# B.3+1# K5A" 5"
.27AF#" F5 ,#A KB =A#"..1.FM>! 77A#3F1M!
A
K,., 7A5J#B 53# 3" &5A 11 F,F B52#

2#A.3B A#11M "53@F ,J# &I3F.53.3+
B#3B# 5& .A53M:

,# # AFM@B A, 1.3 0 !
2#3K,.1#! .B .,#1# ,233! K,5 A3 F5
# F,# #7I1.3 A#B."#3F.1 3"."F# .3

&<(=C(- 8 C C-% <+0*9 ;0--++5
(&+ &,-- I(C= C& 0- 0,(-%5 HO6H: 5K#J#A! B,# K.F,"A#K &A52 F,# A#
&F#A 20.3+ B#A.#B 5& #2AABB.3+ +&&#B
IB.3+ F,F A+I2#3F .3 3 FI1 5IAFA552< 53 F,# 27.+3-FA.1! F,# 25BF 2IB.3+ 5&
3 M1.#@B J.#K! ,5K#J#A! 3J.FIB KB .3 K,., 5IAA#" "IA.3+ ,#A J.B.F F5 F#A155!
&J5IA 35F 5& &A##"52 IF 5& &B.B2! 3" 5K! K,#A# B,# 7A5&#BB#" ,#A /5M F #.3+
.2#" F5 #+.3 B#53" .J.1 A: 3J.FIB .3 F,# ,52#-F5K3 5& F,# +A#F
5,3 M3#:
".B+A##":#B! ,# "2.FF#" ,# ," 7A#J.5IB1M F KB 531M 1F#A F,F /5IA31.BFB A#1.B#"
7A#".F#" F,F 53# "M ,# K5I1" =".B77#A F#A155 KB .3 &F F,# ,52#F5K3 5&
5,3
.3F5 F,# .1"#A3#BB 3" K.11 A#FIA3 #A.3+ M3# ! F,# .3&25IB ?.11#A 15K3@ K,5
#J51IF.53 5A K.11 35F A#FIA3 F 11!> IF A7#" 3" F,#3 0.11#" GG F##3+# 5MB 3"
"#3.#" F,F F,.B 2"# ,.2 #.F,#A ".BB."#3F M5I3+ 2#3 .3 F,# 64DOB:
5A! B M11.# 11#+#"! 3#5-N.: 3BF#"! " ,233 23+#" F5 B#.N# F,# ,.F#
A
,# B." F,F F,# +5J#A32#3F ," 5IB#! F,#3 K,F K5I1" ,#A 751..#B ,J#
"#1A#" KA 53 F,# 2#A.3 7#571#! 3" ##3<#AM 75BB.1M B,# K5I1" ,J# "#J5F#"
F,F F,#A#&5A# =# B .F.N#3B ,J# F,# A.+,F 25BF 5& ,#A #3#A+M F5KA"B ,#17.3+ A.3+
F5 B#1&-"#&#3#::: 5F#AB A# F,# 53#B F,F 5IF F,# 751M7B# IAA#3F1M BF.AA.3+ .3
B,5I1" 53FA51 F,# +5J#A32#3F! 3" 35F F,# F,# .""1# BF: =
#BIB ,A.BF@B A#FIA3 .B
5F,#A KM A5I3":>,# KB 35K 2#A# .22.3#3F: B F,#A# 3MF,.3+ 25A# .275AF3F
FMA33M! B." 3J.FIB! 3" F,.B KB 2"# F5 F10 5IF<> B,# B0#" .3 53# 5& B#A.#B
1#A M F,# &F F,F ,# KB IAA#3F1M I3"#A 5& "##71M 1A2.3+ HO6( A".5 .3F#AJ.#KB:
BIAJ#.113# M F,# : =3# 23 3 20# ,233@B J.#KB 5IF F,# 1552.3+ 3"
".&&#A#3#!> ,# "#1A#" "#'3F1M! 1.0# FI1 K.F,:,# B3"1 BF#22#" &A52 ,#A .2#B 3" F,#.A A#1F.53 F5 &5A#.+3
1FF#A-"M AF.3 IF,#A .3+: F0# .F ,# #A1.#A 1.&# B ,M7#A-53B#AJF.J# 2#". 751.M 77#A .353B.BF#3F! ,5K#J#A: 3
KB3@F +5.3+ &5A F,# # AFM J5F#::: 522#3FF5A! 32#1M 6444 77#A3# F,# 53# ,3"! B,# 53"#23#" A#B."#3F
53

! ,5BF#" M F,# BF.A.BF 2@B 1I0#KA2 A#1F.53B,.7 K.F, BA#1

.11 ,#A: #A# @533#11! F,#3 B.11M B B52#F,.3+ F,F K5I1" 1#" F5 2#A.
A KB ,#< ,# # AFM .B BFA3+# 25"#A3 I3035K3! BK 35 ,A2 .3 "2.FF.3+ F5 F,# =A#7.3+ K,.A1K.3"> 3" #.3+ 75F#3F.11M
7,#352#353 .3 751.F.B: 5F 3 FI1 &F F,F! K,.1BF F##3+#A! B,# ," +53# 5IF 7I3.B,#" M 5" K.F, =#5352. ".BBF#AB
BF3"153# 5A+3.BF.53! .F #+3 .3 HOO4 B 53 "F# K.F, F##3+# KA150: = "1#" 3" 3FIA1 ".BBF#AB>: 3 F,# 5F,#A ,3"!
+ABB-A55FB 25J#2#3F 53 F,# A.+,F 5& F,# .3F5 K.F,A&F!> B,# B.": = 3#J#A /5.3#" 2@B BI7.3# +A##2#3F K.F, A3! K,.,
#7I1.3 AFM 11.3+ &5A 15K#A FL#B 5J#3 IF ,I3+ A5I3" 7#571# K,5 K#A# 2M K#11 115K .F F5 "#J#157 3I1#A K#753B!
3" 1#BB K#1&A# B7#3".3+! 75B.F.53B F,F "5.3+ F,#B# F,.3+B::: 3# 5& 2M 'ABF "F#B K.F, "." ,J# 53# "J3F+#C .F K5I1" ,#17
,J# +A#" A5I3" 6O 7#A #3F 5& F,# K.F, KB 53 F3. 1FA! 3" "."3@F "#BFA5M F,# K5A1" 3" 7J# F,# KM &5A
#BIB@
#1#F5AF#: 5K#J#A! F,# 25J#2#3F ,B 1B5 035K .F: 2#3! F,#A# KB 1.FF1# 155" A#FIA3: =,#B# A# 35F &#A&I1 F.2#B! F,#B#
B52#F.2#B ##3 ,AF#A.B#" B 0.3" 5& F,#A# 3" BFI&& 1.0# F,F::: # K#3F F5 25J.# A# F,# 25BF #L.F.3+ "MB .3 ,.BF5AM%> B,#
1I3F. &A.3+#! K.F, 23M 5& .FB 2#2#AB 3" F,#3 ," 1.FF1# 2."3.+,F 7.3. 53 7A51.2#": =,# A57,#FB 153+#" F5 1.J# .3
B##2.3+1M ,51".3+ #LFA#2# A#1.+.5IB J.#KB F3. 1FA:> F,.B "M F,F M5I 3" A# 7A.J.1#+#" F5 1.J#
3"! /IBF 1.0# 51 3J.FIB! BIB7#F.3+ F,F F,# F F,# F.2#! 355"M A#": 52# HO6O! BIA#1M ".# ,5AA.1M< .3:>
5J#A32#3F 2.+,F /IBF # F551 5& 577A#BB.53 ,5K#J#A! 3" K.F, F,# # AFM 35K ,#17.3+ ,233@B B. 75B.F.53 .B F,.B: 3
3" "A03#BB: &I3" ,#A 27.+3! ,#A A#A5"BF #,A., 6H! .1.1 7A57,#M 77#AB!
J#3 F,# # AFM@B 5K3 2#2#AB A#3@F @533#11@B #A1.#A 522#3FB! ,57.3+ F5 AI.3 "#1A.3+ F,F 53# "M =11 F,# 7#571# 5& F,#
B&# &A52 BIB7..53 5& #.3+ 53 F,# B."# 5& ,#A BI775AF 253+BF F,# A#1.+.5IB A.+,F: 3 AF,> K.11 =# +F,#A#" F5+#F,#A> +.3BF
#J.1! ,5K#J#A! B 3 # B##3 .3 F,# IF.53AM 3 FF#27F F "2+#-1.2.FF.53! @533#11@B BA#1! B52#F,.3+ K,., K.11 20# 5" =B##0
F1# 5& 53# 5& F,# 5A+3.BF.53@B 1#".3+ 27.+3 A#1#B#" B5&F-&5IB J."#5 F,F F5 "#BFA5M 11 F,# 3F.53B F,F 52# +.3BF
1.+,FB! ,A.BF.3# @533#11! A, 1.3 57#3#" K.F, F,# .225AF1 K5A"B = @2 35F
#AIB1#2:>,.B! BMB ,233! .B .3 &F
153# K,5B# 5AF.J# HO6O 27.+3 &5A F,# K.F,: @2 35F,.3+ M5I@J# ,#A": @2 :> A#&#A#3# F5 2@B 7##-"#1 K.F, A3!
#3F# KB "#A.1#" M 751.F.1 K.F,-,I3F A#".F1M! F,# 250#AM /IBF .3A#B#": K,., ,B ##3 0#" I7 M 5F,#A 2/5A
5& 1.F#A1 0.3" B,# KB IB#" 5& #.3+ 3 5AB#! 5F,#A 51" &55F+# 5& @533#11 K5A1" 75K#AB 53 F,# #IA.FM 5I3.1:
DD?
III5 0<C-C(,=50,

##.3+ F,F A3@B 1#"#AB ,J# 57#31M F10#"

<+J (0<(- ,=C<,(- 0
5& 3I0.3+ BA#1 .3 F,# 7BF! ,233 J.#KB H(0 (- I&(& <(H+ -(C I=
F,.B B F,# 'ABF BF#7 F5KA"B A2+#""53: =&0I- = ,0-( <'J =&25
3# BA#1 .B +53#! F,# K5A1" K.11 &5115K!
3" F,# 7FIA# K.11 #+.3: J#3FI11M! 5" B #.3+ 53# B,##7 .3 7AF.I1A!
K.11 "#BFA5M F,# =,#"+# 5& 7A5F#F.53> ,# ,B K,., .B A.B#" I7 .3F5 F,# B0M
71#" 5J#A =7+3 2#A.> 8 A#&#A#3# 53 BF53# 51I23:,#3! .3
F5 +M 2AA.+#9! 3" 115K A3 F5 75B.F.53 +#3I.3#1M 1I+,1# 7.## 5&
.FB 2.BB.1#B .3 I! 1#".3+ F5 "552B"M: 3.2F.53! 1.+,F3.3+ BFA.0#B
.NAA#1M! ,233 B##2B F5 .271M F,F F,# 7.11A 3" F,# B,##7 &11B F5
2 FI11M 11 F,.B F5 5IA: =# #AF, .3 233#A F,F 3 531M
3##" F5 A#1.B# ,5K 15B# F,.B 150 .B +#FF.3+ # "#BA.#" B ,.1A.5IB:
F5KA"B F,# 2."3.+,F ,5IA: A0 2 IFF.3+ F5 1.J#-F.53
.B .3F#3F! .F .B ,.B 3I2#A 53# +51! F5 #3BIA# &55F+# 5& A#1 B,##7 +AN.3+
F,F A3 ,B 3I1#A K#753:>
IBF .2+.3# .3 2#"5K!52 27#11
F,F $ 5I3FAM K.F, 75K#A&I1 1 5& F,#3 7##AB 5IF &A52 #,.3"
.AAF.531 A#1.+.5IB #LFA#2.BFB K,5 "53@F IF,5A.FM FA##! B,5K.3+ IB ,.B FAI# &5A2: F,#A F,3
I3"#ABF3" F,# ".&&#A#3# #FK##3 ,IA, F5 #BF5K 3 5A".3AM ,I23 751.F..3! .F B##2B
3" FF# +#FF.3+ F,#.A ,3"B 53 F,# 52:::

A
B.3F,55" I753 F,F ,# .B .3 &F 3 I3"#A#2715M#"

5F, IB, 3" F5A "5K3 53 11 &5IAB 3" "A#BB#"
,.B 71 53M 1.A B 75BB#BB#" &A2-3.21 K.F,
5" .B .+ IB.3#BB A5BB F,# 753" 3" .F &5A F,#.A A51# .3 ='+,F.3+ +15K.3+ A#" #M#B: ,I&).3+ A5BB
B##2B F5 ,J# #52# 125BF 51.+F5AM FMA3FB 3" #J.1 3" "#J.1B> .3 F,# )55A! F,# 21#J51#3F 27#11
&5A A#B."#3F.1 ,57#&I1B F5 F10 5IF F,# .""1# BF: #+A#FF1M! 7A#F#3"B F5 # #F.3+ +ABB K.F,
F,#.A .".3+ 15J# 5& ,A.BF F,#B# "MB: 3 B.3# 1-;;3.@B "#F, .F ,B F,# A#BF 5& ,.B K5511M A##" K,.1BF
F#1#J.B#" "#F# &5A 3"."F#B A5"BF #52# 77A#3F F,F! &A FI11M 715FF.3+ F5 I3"#A2.3#
53 5L #KB 1BF I+IBF! &5A .3BF3#! 53# &A52 #L5A.B.3+ F,# 3F.53@B '33#B: # .B!
I".#3# 2#2#A K3F#" F5 035K =.& 3M 5& F,# "#253B .F B##2B! F3 .3 B,##7@B
F,#2 ,J# A##.J#" K5A" &A52 5" 53 K,F 5& B12. 15F,.3+ $ 5A! B F,# " .FB#1&
F,#M B,5I1" "5 3" F0# A# 5& 'ABF>: 55"M #LFA#2.B2! F,# ,B .F = .B1
1I+,#"! 3" 11 F,# 7AF..73FB 3BK#A#" "M32. "I5 ," 53B#AJF.J# 3 2# 31M%>
.3 BI, KM B F5 20# .F 1#A F,#M "."3@F .3BF#" 2#A#1M 57#3#" I7 75AF1 BFA.+,F F5 75BB.1M F,# K5ABF A53M2 #J#A "#J.B#":
F,.30 F,#A# KB 3MF,.3+ .3 F,# 1#BF .F #11: ,.B "J#AF KB A#F#" M A#" J.B! F,#
I3IBI1 .3 ".BIBB.3+ 751.M 75B.F.53B K.F, 35F,#A 751.F..3 A##3F1M F5 ,J# B2# "-#L# K,5 ," #A1.#A ##3 #,.3"

#,5J,: 53#! F,5I+,! 57#31M "2.FF#" F,F 7A.B#" 57#3 #11- 5IF, .B A1M .5A.3! ,A.BF.3# @533#11@B 5I3F#A7A5"IF.J#
5" ," B." F,# K5A" ?A#"..1.FM@ F5 F,#2: 53#-F.2# #7I1.3 3"."F# &5A F,# = 2 35F K.F,> J."#5: 5 M5I #J#A +#F
3 B5.#FM K,#A# ,A.BF.3.FM 71MB BI, #3F# K,5 .3 HO6O BF B.3.BF#A B7#11 F,# &##1.3+ J.B 2.+,F ,J# K3F#" F,#
7A52.3#3F 7I1. A51# F,#A# .B 53# BIA#-'A# 3" BI2253#" I7 B52# 1.J#BF50 &A52 F,# #25AFB F5 K.3 F,#B# #1#F.53B 3" 35F ,.B
KM F5 +#F M5IA 57753#3F 53 F,# 0 &55F $ "##7#BF 5K#1B 5& "#B: .3".3+ ,#AB#1& FI1 1.#3FB<
IB# F,#2 5& F3.B2: .F,#A F,F 5A .271M #,.3" .3 F,# 7511B F5 A.J1 3"."F# 52
F,#M 2.+,F # IB1.2! FF. FA.#" 5IF M 27#11! .5A.3 "." F,# 531M B#3B.1# F,.3+
23M # AFM-FM7#B .3 A##3F M#AB: 5K 75BB.1# 3" 522.BB.53#" '12#" FF0-"
23M 2#A.3B A#1.B#! F,5I+,! F,F F,#M .271M.3+ F,F 27#11 KB 35F 531M 'B11M
(= <%F+<
,J# FI11M 1A#"M ," IB1.2 B.3F B BIB7#F IF 1B5! 7#A,7B 25A# BIA7A.B.3+1M! 0-C<(FC0< C0 I&0=
F,#.A 5223"#A-.3-,.#&< 5! "53@F 2#3 "#253 B,##7: 7#3.3+ K.F, B,5FB 5& ,77M 00*= <
2! B B52# 53B7.AM-3IFB 2.+,F ,J# B,##7 +AN.3+ .3 BI33M '#1"! F,# "@B J5.#-
M5I #1.#J#: 3BF#"! A#&#A F5 #5A+# 5J#A 'ABF BMB F,F 2#A.3B 1.0# F,#.A 7I1. -
IB,: IB,
A ,B ##3 11#" 23M F,.3+B A#7A#B#3FF.J#B F5 # #L271#B 5& =7IA.FM> 3 0<C&0,(-%4
"5K3 F,# M#AB! IF ?B.3F1M@ .B 35F 53# 5& 3" =7.#FM>! 7#571# K,5 A# =K,51#B52#! 5 F<<-C+J I<(C(-%
F,#2 $ #L#7F .3 F,# J.#K 5& 8"##7 A#F,9 ,535IA1# 3" FAI# #1.#J#AB>: IF KB 00* 0FC 0<%0CC-
,#.0, I,22" N.2 ".1 1-IAIB. 52 27#11 FAI# #1.#J#A< 5: # KB =(- &(=
1-;;3.! 1#".3+ I' B,51A K,5 ".#"
: 50#" B ,J.3+ 71#" ,.2B#1& I7 53

(= H(++ -0I
.3 HO6*! IF 35F #&5A# IB.3+ ,.B A#1.+.5IB =7#"#BF1! B5 ,.+,>! 27#11 .B ."#3F.'#" <0, ,<+J F+(=&(-%5
C0'<(-%''=0-'(H(+'I<5 ,(=C*A> III5&F !-%C0-20=C5 F+!++'-'C(,='2<02&J' C<+00 C 0- 20(-C I&(&

&-*= C0 <% J - CC 0,AEL1LAL.AE?A (<-'+> III5(+J*0=50,A C0 (< C0 &,--
III5I=&(-%C0-C(,=5 +F=F<J 0< <(-%(-% C&(= &<(=C(-'00--++'<K(=C' =C0<JAEL1"AL$AE"A1D?."$@A' &H - I&C =& I=
0,A-I=AEL1"A0CA@A =C0<J C0 ;= 3- C&- ,J 6F0C=G-G?1DE5&C,+> (&+'&,--'=J='C&' < <<(-% C0 (- &< =CC,-C
F%F=CF='=0+'(-H(CF='=C(<=' 0I-4 CC-C(0-5 &CC2AA2<0=2C50<%A<C(+A%0' 2CF<'(='0,(-%')0(/> +(C (- 0- F= IJ5
#0<('=-C'<'CA> III5 ,J',2(%-'=C<C%(=C> III5 &H 0-#C 6F0C=
0<+-0I*+J50,A+0%=A III5C&%F<(-50,A C&%F<(-50,AI0<+AEL1LA <0, CI0 ( <-C <(0 1$ F% EL1"
<&(H=AEL1"A1LALEA I0<+AEL1LA=2AELA&<(=C(-' =2A1"A&<(=C(-'00--++'C' (-C<H(I= &<5 &(= *(- 0
+(<C<(-'2<CJ'0 '#0<(' 0'0--++'+'I(C&< C> (CF<J ED
F+J
2<CJ'(-C<H(I &(+(=C( C&(-*(-% <,(-= EL1$
&(<,-'<=(%-='F==' III5C&%F<(-50,A , 0 =0, 1.L=
-(C'0 '%0C'=<(!' I0<+AEL1LA0CAL"A&<(=C(-' 1@ 2< EL1"> H-%+(+=; +( C&C C& &CC2AA-5I(*(2(50<%AI(*(A
-'F%-(=> III5 00*5 00--++'I(C&'CH'> III5 III5(+J,(+505F*A-I=A +<% <(=& (<C&,<* 0- ,0-G&2> C& (C=+
0,AIJ++(A20=C=A1LEL@1L 20+(C(050,A=C0<JAEL1EAL.A <C(+'ELL@@EA (&+' C& & 0 C& 0H(C +< (= 0-+(- C III5J0FCF50,A
?1?.1DDDL72-< =C0<J> ,&<'=J='=0<<J'C0'I(C&' &,--'
0&-'J-'J' (*&(+ 0<&H I= C& IC&7H0G) "&
&CC2=AA-5I(*(2(50<%AI(*(A 00--++'LL.$1> &CC2AA % '0+(C((-',(=C*=' (+(+ : <* 0 C& =C;5
F%F=CF=G0+G -H(CF=> &CC2AA 20+(C(+C(*<5+0%=5--5 =<(+'*(++<'&<05&C,+> III5 -(-C++J
0&- J-;=
F=(-==5!--(+20=C50,A 0,AEL11ALA1@A&<(=C(-' <(%&CI(-%IC&50<%A0-C-CA 2<-C= 3FC -0C C& ,-
+%+'20=CA#0<('+IJ<'H0I=' 00--++'I(C&''I='' ,(&+'&,-'0,' &(,=+ 4 ( CF++J +(H (-
DD?
III5 0<C-C(,=50,
8,) ,-)634,%28¸7 %446)28-') 46)7)287
&9-0(-2+ %
*368)%2 0-&6%6=

THEIR HEADS DARK RED AND THEIR EYES DARK
h!AH n EVERYONE LOVES A UNICORNv TENDERLY SIGHED THE ILLUSTRIOUS EDITOR ON LEARNING BLUE 4HEY HAVE A HORN ON THE FOREHEAD
THAT THIS ENIGMATIC AND AMBIGUOUS ANIMAL WAS TO BE THE NEXT SUBJECT IN THIS SERIES )N WHICH IS ABOUT A FOOT AND A HALF ;CM=
CONTRAST THE DIMINUTIVE BEARDED AND ANCIENT ARCH SCEPTIC AND PROFESSIONAL NUISANCE IN LENGTH 4HE DUST lLED FROM THIS HORN IS
*AMES 2ANDI SEEMS TO HAVE CONTRACTED A CHRONIC ALLERGY TO UNICORNS HE MENTIONS THEM ADMINISTERED IN A POTION AS A PROTECTION
IN THE SUBTITLE TO HIS BOOK #(#
"# %" &## AGAINST DEADLY DRUGS 4HE BASE OF THIS HORN
THOUGH THEY APPEAR NOWHERE ELSE IN THAT QUESTIONABLE SCREED "Y THE WAY TO READ A DROLL FOR SOME TWO HANDS BREADTH ABOVE THE
DISASSEMBLY OF SOME OF THE QUAINT ASSERTIONS THEREIN LOOK UP HTTPMICHAELPRESCOTT BROW IS PURE WHITE THE UPPER PART IS SHARP
FREESERVERSCOMmIM mAM mUMMERY A SKEPTIHTML 2ANDI HAS ALSO SAID THAT HOMEOPATHY AND OF A VIVID CRIMSON AND THE REMAINDER
IS hA UNICORNv IE @IMPOSSIBLE AND IS REPORTEDLY FOND OF ASKING PEOPLE WHAT THEY WOULD OR MIDDLE PORTION IS BLACKx 4HE ANIMAL IS
DO IF HE CLAIMED HE KEPT A UNICORN IN HIS GARDEN n WHICH SOMEONE SAID MERELY INVITES EXCEEDINGLY SWIFT AND POWERFUL SO THAT NO
THE NATURAL RESPONSE h*UMP OVER THE WALL AND TAKE A LOOK AT ITv 7E HAVE PREVIOUSLY CREATURE NEITHER THE HORSE NOR ANY OTHER
HINTED AT OUR FONDNESS FOR UNICORNS AND REMARKED THAT THEY ARE IN OUR VIEW IN A CAN OVERTAKE ITv
CERTAIN SENSE INDEED REAL 7ELL GET BACK TO THAT POINT -EANWHILE OUR RECOMMENDED )T IS ALSO WE LEARN FROM #LAUDIUS
INDISPENSABLE VOLUME FOR THIS ISSUE THE LATE 0ROFESSOR /DELL 3HEPARDS " !ELIANUS !$n GENTLE TOWARD
% " IS AN ADMIRABLE INSTANCE OF A GENEROUS IMAGINATIVE WITTY AND DEEPLY ALL ANIMALS EXCEPT ITS OWN KIND hAND NOT
RESEARCHED APPROACH TO THE SPECIES WHICH MIGHT SERVE AS A MODEL FOR ANY INQUIRY INTO ONLY DO THE MALES lGHT NATURALLY AMONG
ANY @MYTHICAL CREATURE OR PERSON OR EVENT UNLIKE THE BOOK BY THE INEFFABLE -R 2ANDI THEMSELVES BUT ;OUTSIDE IN THE RUTTING
WHO IS INVITED TO TAKE HIS DESIGNATED SEAT FOR THE OCCASION 7E HOPE THAT NOW AND THEN SEASON= THEY CONTEND EVEN AGAINST THE
HE MAY BE EMBARRASSED ENOUGH TO TREAT US TO A NICE TWIRL OR TWO FEMALES AND PUSH THE CONTEST TO THE DEATH
4HE ANIMAL HAS GREAT STRENGTH OF BODY AND
IT IS ARMED BESIDES WITH AN UNCONQUERABLE

WORTHY OF CONSIDERATION THAN THE QUESTION HORN )T SEEKS OUT THE MOST DESERTED PLACES
s 7HEN AND WHY DO UNICORN HORNS SWEAT WHETHER WE SHALL HAVE ONE SPECIES MORE OR AND WANDERS THERE ALONEv !ELIANUS SEEMS
s 7HAT HAPPENS %" LESS IN THE %ARTHS FAUNA !ND THE DREAM TO BE THE lRST TO MENTION THE UNICORNS
VIRGINS LAP AT ANY RATE IS AN UNQUESTIONABLE FACT A RINGED OR SPIRAL HORN WHOSE LENGTH HAS
s (OW LONG IS A UNICORNS HORN PHENOMENON OF THE MIND IT HAS GROWN GROWN BY HIS ACCOUNT TO A CUBIT AND A HALF
s 7HAT ANIMAL IS THE UNICORNS GREATEST LIKE A TREE STRIKING DEEP ROOTS IN THOUGHT ;ABOUT FT INCM= 4HIS AUGMENTATION
ENEMY AND SPREADING HUGE BOUGHS AGAINST OUR CONTINUED DOWN THE CENTURIES UNTIL
s 7HAT HAPPENED WHEN 'ENGHIS +HAN MET MENTAL SKY 4HIS BOOK ABOUT THE UNICORN IS MEDI[VAL WRITERS HAD IT UP TO FT ;M=
A UNICORN A MINUTE CONTRIBUTION TO THE STUDY OF THE OR MORE AND THEN HAD TO MAKE THE THING
s !RE THERE UNICORNS IN #HINA ONLY SUBJECT THAT DEEPLY AND PERMANENTLY FRACTIONALLY MORE PLAUSIBLE BY SAYING THAT
n THEN NOT ONLY WILL YOU BE A MAN MY CONCERNS US n HUMAN NATURE AND THE WAYS THE HORN mOPPED DOWN hLIKE A TURKEY
SON BUT YOU WONT NEED THIS BOOK OR OUR OF HUMAN THOUGHTv COCKS COMBv ACCORDING TO 2ABELAIS
SUGGESTED ESSENTIAL COMPANION VOLUME )N BROAD OUTLINE 3HEPARDS IS AN EXCEPT WHEN THE UNICORN WAS AROUSED FOR
#HRIS ,AVERSS %&" #%"( HISTORICAL APPROACH SEEKING THE ORIGINS
"# ,AVERS CALLS 3HEPARDS WORK OF THE UNICORN LEGEND AND BRINGING IT $URING THE SECOND CENTURY "# THE
hTHE DElNITIVE TREATISEv ON THE UNICORN IN UP TO HIS PRESENT 4HE HISTORY HE
%& % 0TOLEMY ))S COMMISSIONED
%NGLISH AND HE SHOULD KNOW UNCOVERS HOWEVER THROWS UP SO MANY TRANSLATION OF THE lRST lVE BOOKS OF THE
QUESTIONS WHICH HE FEELS BOUND TO TRY TO (EBREW "IBLE INTO 'REEK WAS BECOMING
n INDEED 0ROF 3HEPARD COULD ANSWER THAT THIS IS SOMETHING BETTER KNOWN AND THEREIN WE lND
BE CALLED AN EARLY EXPONENT OF OF A CROOKED HIGHWAY WITH MENTIONS OF AN ANIMAL CALLED ƫƮƬyƩƤƯƷư ²
THE PSYCHOSOCIAL HYPOTHESIS MANY AN IRRESISTIBLE BYWAY ¶HORNED n LATER TRANSLATED ' ,ATIN AS
h7HETHER THERE IS OR IS NOT TO EXPLORE (E STARTS WITH @UNICORN 4HIS IS A MIGHTY BEAST ADDUCED
AN ACTUAL UNICORN n AND THIS THE EARLIEST KNOWN LITERARY BY 'OD TO SHOW POOR SUFFERING *OB HOW
IS ONE OF THE QUESTIONS UPON REFERENCE TO THE UNICORN IN THE POWERLESS HE IS .OT QUITE THE DAINTILY
WHICH ) SHALL MERELY QUOTE THE SURVIVING FRAGMENT OF THE FEROCIOUS CREATURE OF LATER LEGEND 4ROUBLE
OPINIONS OF OTHERS n HE CANNOT OF THE 'REEK PHYSICIAN WAS THE LEARNED SCRIBES OF !LEXANDRIA
POSSIBLY BE SO FASCINATING OR SO #TESIAS WRITTEN SOMETIME
IMPORTANT AS THE THINGS MEN AFTER "# AFTER HE HAD WHAT THE ORIGINAL (EBREW WORD @REEM
HAVE DREAMED AND THOUGHT AND SPENT YEARS IN 0ERSIA 4HIS MEANT AND MADE AN INTELLIGENT GUESS
WRITTEN ABOUT HIM ! DREAM SAYS IN PART h4HERE ARE IN "# WHICH LATER WAS TAKEN TO
IF IT IS NO MORE THAN THAT OF )NDIA CERTAIN WILD ASSES WHICH

SUCH GREAT AGE AND BEAUTY AS ARE AS LARGE AS HORSES AND IS LARGE AND NOTORIOUSLY GRUMPY AND LIKE
THIS OF THE UNICORN IS FAR MORE LARGER 4HEIR BODIES ARE WHITE THE UNICORN ITS HORN WAS REPUTED TO HAVE

MORE OF THE SENSE OF FAIR PLAY IN ITS PLACEv
)N OTHER WORDS THE #HRISTIANS MADE A BIT
OF A HASH OF TRYING TO BEND THE TALE TO THEIR
OWN PURPOSES AND THE ROOTS OF THE STORY
ARE MOST LIKELY FAR OLDER WILDER AND MORE
COMPLEX THAN #HRISTIANITY 7HICH SETS
3HEPARD OFF ON A WHOLE NEW HUNT
4HIS TAKES US INTO !FRICA AGAIN AND WITH
A SMILING NOD TO !TLANTIS TO THE !MERICAS
n WHERE UNIQUELY THERE SEEMS TO BE NO
NATIVE TRADITION OF THE UNICORN n THEN
ON TO THE -IDDLE AND &AR %AST IN #HINA
HE lNDS A UNICORN TRADITION REMARKABLY
PARALLEL TO OURS TO THE !RCTIC AND BACK
TO %UROPE 7E LEARN THE SOURCE OF THE
UNICORN HORNS SOLD POWDERED AS POPULAR
CURES BY APOTHECARIES AND INTACT AT VAST
EXPENSE TO KINGS AND PRINCES BY WILY
MERCHANTS (E EXPLORES THE ORIGIN OF THE
ALEXIPHARMACY n AS #HRIS ,AVERS INSISTS
ON CALLING ITS ANTIDOTAL AND PROPHYLACTIC
PROPERTIES n OF THE UNICORNS HORN ITS
MOST NOTABLE QUALITIES WERE THE ABILITY
HEALING PROPERTIES "RILLIANT LINGUISTIC TO NEUTRALISE POISONS OR DETECT THEM BY
DETECTIVE WORK IN THE MIDDLE OF THE TH SWEATING n USEFUL FOR 2ENAISSANCE NOBLES
CENTURY BY 3IR (ENRY 2AWLINSON lNALLY μ-* =39 (E lNDS EIGHT INSPIRATIONS AMONG KNOWN
NAILED THE "! DOWN )T WAS THE GIANT ANIMALS FOR THE UNICORN EIGHT TRIBUTARIES
ALBEIT TWO HORNED AUROCH *OB MIGHT WELL '%2238 6)%( TO THE GREAT RIVER OF LEGEND THAT ENTRANCED
HAVE QUAILED "UT BY THEN A MUTATION OF
THE BIBLICAL UNICORN n THE ONE WE KNOW AS %00 =396 %UROPE UNTIL AS LATE AS THE TH CENTURY
4HE UNICORN IS REAL IN THE SAME WAY AS
A KIND OF ONE HORNED PONY n HAD LONG SINCE
EMBEDDED ITSELF IN #HRISTIAN TRADITION
&33/7 :EUS OR !THENA OR $AMBALLA ARE 0EOPLE
BELIEVED IN THE UNICORN AND ACTED ON
3HEPARD SAYS WRYLY OF THE EARLY #HURCH
h4HE WORLD OF NATURE SELDOM VALUED FOR
*32(0) THEIR BELIEFS n AND WHY SHOULD THEY NOT
!S 3HEPARD PUTS IT h(ERE IS A CREATURE
ITS OWN SAKE BY THE TYPICAL #HRISTIAN
WAS MORE AND MORE REGARDED AS A MERE
8,)1¶ FEARFULLY AND WONDERFULLY MADE AND
ONE SO CREDIBLE OR RATHER SO PROBABLE
STOREHOUSE OF EDIFYING METAPHORS 7HAT IN APPEARANCE AS TO MAKE THE HARDIEST
WE SHOULD CALL FACTS WERE FELT TO BE OF ;MRWXSR 7 'LYVGLMPP DOUBTER FEEL THAT IF THERE IS NO SUCH
LITTLE WORTH IN COMPARISON WITH THE ANIMAL THEN AN EXCELLENT OPPORTUNITY WAS
MORAL TRUTHS THAT ALLEGED FACTS COULD BE OVERLOOKED IN THE PROCESS OF CREATION (E
SUPPOSED TO SIGNIFY AND IT WAS CONSIDERED HEAD IN HER LAP 3HE FONDLES HIM AND HE SEEMS TO lLL A GAP IN NATUREv
THAT 'OD HAD CREATED THE LOWER ANIMALS FALLS ASLEEP 4HE HUNTERS THEN APPROACH 7E HAVE JUST ROOM TO NOTE THAT #HRIS
PARTICULARLY THOSE THAT SEEMED TO HAVE NO AND CAPTURE HIM AND LEAD HIM TO THE ,AVERSS WORK IS BY NO MEANS A REHASH OF
OTHER USE SOLELY FOR THE MORAL AND SPIRITUAL PALACE OF THE KINGv 3HEPARDS IT IS A FASCINATING COMPLEMENT
INSTRUCTION OF MANKINDv 4HUS AROSE THE 3HEPARD SPENDS MANY HAPPY PAGES TO IT (E CRITICISES AND RElNES SOME OF
MEDI[VAL BESTIARIES WHOSE TAKING THE BONES OUT OF THIS 3HEPARDS IDEAS AND GOES INTO GREATER
(#&# ACCOUNT AND IS SUITABLY SNIFFY DETAIL ON MANY ASPECTS OF THE LEGEND ADDS
COMPILED SOMEWHERE BETWEEN ABOUT THE hDETESTABLE ROLEv OF ANOTHER ANIMAL TO THE UNICORNS LIKELY
THE SECOND AND FOURTH THE VIRGIN IN THIS PARTICULARLY ANCESTRY AND IS RIVETING ON LATTER DAY HUNTS
CENTURIES !$ AND TRANSLATED WHEN THE MEDI[VAL #HURCH HAD FOR A LIVING UNICORN (E IS PARTICULARLY
INTO ,ATIN IN ABOUT DECIDED THAT THE VIRGIN STOOD FOR GOOD ON THE SPECTACULAR TENACITY OF 3IR
WHEREAFTER IT WENT VIRAL AS WE WHO ELSE THE 6IRGIN -ARY AND (ARRY *OHNSTON PAINTER DIPLOMAT EMPIRE
MIGHT SAY ACROSS %UROPE AND THE UNICORN FOR *ESUS 9ET ODDER EXPANDER AND DEVOTEE OF THE UNICORN FOR
WELL BEYOND IN THIS REGARD ARE VERSIONS OF WHOM THE WORD @INTREPID MIGHT HAVE BEEN
!MONG THE LESSONS COINED 4RULY THERE WERE MEN IN THOSE DAYS
(#&# IS ATTRACTED BY THE FRAGRANCE "UT FOR WHAT HAPPENED TO 'HENGIS +HAN
SUCH RECOGNISABLE ANIMALS THAT IS APPARENTLY PECULIAR YOU HAVE TO READ 3HEPARD
AS THE LION PELICAN FOX AND TO VIRGINS 4HE MAIDEN THEN
HEDGEHOG THERE ARE OTHERS IF SHE IS NOT ALREADY NAKED
EXPOSES HER BREASTS FOR THE
THE PH\NIX THE ANT LION % UNICORN TO STIMULATE WITH HIS LIPS WHILE /DELL 3HEPARD " % "
KNOW TODAY SIRENS THE SAME MURDEROUS SHE HERSELF FONDLES HIM ELSEWHERE -ADE (OUGHTON -IFmIN "OSTON 'EORGE !LLEN
TEMPTRESSES FEATURED IN THE (##( DOCILE BY THESE INTIMACIES THE ANIMAL IS 5NWIN ,ONDON REPRINTED BY !VENEL
AND OF COURSE THE UNICORN 3HEPARD THEN SLAUGHTERED BY LURKING HUNTERS IE "OOKS .EW 9ORK !LSO AVAILABLE AS A
SUMMARISES h(E IS A SMALL ANIMAL LIKE SACRIlCED OR MARTYRED SOMEWHAT LIKE FREE DOWNLOAD 0$& FROM WWWGLOBALGREY
A KID BUT SURPRISINGLY lERCE FOR HIS SIZE THE .AZARENE !S 3HEPARD REMARKS hTHE COUK BUT CHEAPSKATES BEWARE THE TEXT
WITH ONE VERY SHARP HORN ON HIS HEAD AND #HRISTIAN INTERPRETATION PUT UPON ;THE NEITHER REPRODUCES NOR TRANSLITERATES
NO HUNTER IS ABLE TO CATCH HIM BY FORCE 9ET VIRGIN CAPTURE STORY= SEEMS TO WRENCH IT 'REEK TERMS AND QUOTATIONS AND OMITS
THERE IS A TRICK BY WHICH HE IS TAKEN -EN OUT OF ITS NATURAL COURSE OF DEVELOPMENTv 3HEPARDS COPIOUS NOTES AND ILLUSTRATIONS
LEAD A VIRGIN TO THE PLACE WHERE HE MOST ADDING DEADPAN h/NE FEELS THAT SOME OF
RESORTS AND LEAVE HER THERE ALONE !S SOON THE SUPERNAL CHARM OF CHASTITY MIGHT BE #HRIS ,AVERS %&" #%"(
AS HE SEES THIS VIRGIN HE RUNS AND LAYS HIS DISPENSED WITH IF WE COULD HAVE A LITTLE "# 'RANTA ,ONDON

2-3>8
-2 > /
" $ " " " "
!&'"
1"<A3;< 1! A*",; *"/5";<
&" ! !) " $ $ $ ! $ $ !$ $ !
'$ $$ "$$ $' $ "%! $%! $%! ! "
KK#49K05- K7 9D#E#DO# E 4N. 7K.#DP7D3"3R #05-E! K.# 720!

KD"0K0753 N3KND# E 97EE03#
(#KND#" 05 K.# K3#E< .#D# 0E
#(7D# 0K "0E99#D#" E D#EN3K
7( K.# -7O#D54#5KCE #((7DKE K7
#DK05 37E#5#EE K7 K.# K3#E!
9#D.9E 05 9DK "N# K7 K.# (K
#D"0K# KD"0K0753 N3KND# K.K E74# P#D# K73" K7 E20
5" 73" 3#-#5"E 05 (O7ND 7( 0S#5 R K.# 9#793# P.7 "0D#K3R
47D# 5K07530EK0 N3K 5" #Q9#D0#5#" K.# #O#5KE< .#R D#
3/. ")"1!< &;30 05"NEKD030EK075< # 3E7 #30#O#"
K.K 4N. KD"0K0753
95#E#
4#47DK#E 7( 7D"05DR 9#793#!
E 7997E#" K7 K.# -D5" 3#-#5"E
313 37D# (7NE#" 75 #30K#E! 0-57D05- 7( 4ND0 PDD07DE! 37D"E 5"
$ & $ % ! '" K.# #O#DR"R 30(# 7( 7D"05DR E.7-N5E<
$ ! !
9#793#< 5R 9DK0N3D K.#4# 7D 7D"#D< 5# EKD0205- E9#K 0E K.#
,;)*
'66("( 8>-#
E20 0S#5CE E0-50)5# E .#D# D# M66 EK7D0#E! 5" 05 PR 05 P.0. K.# #O#DR"R 5"
-2>.. '((91 '* 5- /+# +2 -$$88$ 8-8
(73237D0EK .E 753R D##5K3R ##5 9D#9D05- K.# K#QK (7D 5-30E. EN9#D5KND3 D#34E 40Q & K.#D#
@4>62'
D#7-50E#"< D#E90DK7DR 0335#EE KD5E3K075! 7DE# "#0"#" K7 0E 57 "#305#K075 7( K.# KR9#
5 47"#D5
95! KD"0K0753 (7D#" .04 K7 3#O# 72R7 5" 7D-50E# K.#4 7D"05-3R K7 9D#E#5K 05! (7D #Q493#! 5-30E.
(73237D# 0E 0- K.05-! 57K D#KND5 K7 757! P.#D# .# #-5 .0E 7P5 @9.037E79.R 7NK K.# (732 EK7D0#E 7( K.# E4# #D! P.#5
N5END9D0E05-3R! -0O#5 K.K 733#K05- 373 (732 K3#E< # "0#" N50O#DE30KR 7( .N45 0737-R 5" 4N. 0E 4"# 7( K.# #O#5KE 7NK
5#EK7D P7DE.09 7(
$!! 05 86LL K K.# D#3K0O#3R R7N5- #O73NK075DR 9ER.737-RC< K7 # "#ED0#" E KDN# 5"
5#EK7D E90D0KE! 0E (7N5"K075 -# 7( ,G! 1NEK #(7D# K.# E#75" # #30#O#E K.K E K04# NDK# 7N5K<
7( 0KE N3KND#< K (7D4E K.# E0E 7( 733#K075 7( &%& %* 4# 9EE#"! .N45E #4# 5 K.# 757 3#-#5"E! E 05
37K 7( 5-F 75# 753R 5##" K7 7NK! 75# .# ." ##5 E2#" K7 B.D"P0D#"C K7 K.#0D 9.RE03 4N. 7(
95#E# E70#KR! K.#
3772 K K.# P7D2 7( K.# 3K#! -D#K 9NK K7-#K.#D< 7P"RE! E20 0E #5O0D754#5K R D#K05- E703! EN9#D5KND3 0E K.#D# E (K 7(
.0-#DN 0SN20! #.05" EN. P7D2 D#-D"#" E
95CE 5EP#D K7 K.# 9ER.737-03 5" D#30-07NE 30(#! P0K. 30KK3# #33R.05- (7D
E %&
!,)& 5" &%%&% D044E< E.#4E< 7DE# .E DD5-#" NK.#5K00KR<
K7 E## 0KE E0-50)5#< .# #Q9#D0#5# 7( 7D"05DR K.# M66 K3#E 7D"05- K7 #D#! P# E## #D#O#"
.0E 733#K075 7( (732 3#-#5"E 9#793# #DK053R 0E K K.# .#DK K.0E! K#-7D0E05- K.#4 P0K.05 (403R 4#4#DE (#5" 7(( (7Q#E
(7D4E K.# E#75" O73N4# 7( 757 7( K.# 757 EK7D0#E< DK 7( 5 7NKPD" #Q95"05- E#K 7( 4E>N#D"05- E K.# -.7EK 7D
EK7D0#E! 7D $&%&,)!< K PE K.# 99#3 7( K.# 733#K075 B75#5KD0 0D3#EC! (D74 K.# ND#0 7( K.#0D D##5K3R "##E#"
D#3#E#" 05
95 05 86L* E K7 47"#D5
95#E# 0E K.K 0K 05"0O0"N3 K7 7K.#D E703 E9.#D#E< D#3K0O#E< (403RCE 40"E#DO5K
EN993#4#5K K7 K.# 868T #* & 7((#DE P05"7P 75 .7P K.#0D 5" .# .E "75# 5 #Q#33#5K #7405- 720 E#D9#5K 5"
&%&< .# K3#E 05 7K. 772E P#D# 044#"0K# 5#EK7DE 40-.K .O# 17F K.7N-. K.# 7D0-053
95#E# 5"7505- .#D R 0E 1NEK 75#
733#K#" R E20 0S#5! K.7E# 30O#"< K .E ##5 417D "DP 733#K075 .E ##5 302#5#" 7( K.7E# K.05-E K.K .99#5<
9D#E#5K#" 05 K.# )DEK 772 #05- (7D O0E0K7DE K7 757 K7"R! 5" K.# R 57O#30EK 0E.04 N207 K7 7N5K05 #5K0K0#E! 7D #5-N! 7((#D
.#O03R D#PD0KK#5 R #405#5K 47"#D5 0KR 0E 257P5 B 0KR 7( P#33/7D"#D#" 3N4#D .7NE#! K7 .#39 (4030#E P0K. .7D#E EN.
(73237D0EK 5-0K N507! 05 P.K 73237D#C! 05 9DK #NE# 7( K.# 0K 0E 9D73# K.K 5R 5-30E. E -K.#D05- (77" 7D 935K05-
.# #30#O#" PE 5 #9K3# &%& &%&,)!< .# 733#K075 0E KD5E3K075 (7337P05- K.# E4# D79E! 05 #Q.5-# (7D D0# 2#E
30K#DDR EKR3#< 5 K.# 86L* O73N4#! 9DK 7(
95#E# 979N3D N3KND#F DD5-#4#5K 40-.K # 75(NE05-< 7D *"< #0K0#E K 373 E.D05#E
K.# EKR3# 7( E20 0S#5 PE .0-#DN 0SN20 9D7"N#" .0E 7P5 7DE# .E 3E7 4D2#" 05 .0E EK#9 05 K7 .#39 9#793# E7DK 7NK
2#9K! -0O05- 0K 47D# 7( KDN# O#DE075 7( 0K 05 MT8T< KD5E3K075 K.# 7D"#D 05 P.0. 9D73#4E! P.03EK K.#0D EKKN#E
+O7ND 7( .7P K.#E# K3#E 40-.K .0E 0E K.# )DEK K04# K.# 772 #. K3# 0E 05 K.# 7D0-053 K#QK< #517R #05- 93R#" P0K. R
.O# ##5 K73"< .E ##5 KD5E3K#" 05K7 5-30E.< .# KD5E3K075 9KND#E K.# .03"D#5<
5-0K N507 0E D#-D"#" E 753" 7DE# KD5E3K#" K75# 7( .7P
95#E# K3#E D# &#" %* & &%& 0E
K.# (7N5"05- (K.#D 7(
95#E# %* & &%& 05K7 5-30E.! K73" #NK0(N33R! (7337P05- 05 #517R3#! 5" E.7N3" # 05 K.#
(73237D# EKN"0#E< # PE 4#5K7D K7 4D2 K.# 8TTK. 550O#DEDR K.# KD"0K075 7( ("07 #D5< 733#K075 7( 5R E#D07NE (73237D#
7( E20 0S#5! 5K0O# 7( 7( 0K )DEK #05- 9N30E.#"< 5 .# K3#E D#5CK .5-#" K7 EN0K )075"7<
757! P.7 E9#5K 37K 7( K04# KD5E3K05- K.# E#75" O73N4#! 5 #9K#" #EK#D5 5DDK0O#! ) "
-K.#D05- K3#E 05 K.# D#-075< 7DE# ." >N0K# KE2< 5 K.# P.0. P7N3" "#KDK (D74 K.#4<
.#0D &%& &%&,)! 0E 75# 7D0-053
95#E#! K.# E#75" .#R D# .0-.3R #O7K0O#!

7( K.# 47EK 0497DK5K 772E 05
95#E# (73237D#< 5-0K PE

772 0E D5"74 .7"-#/97"-#
7( K3#E! 57K K#-7D0E#" 05
D05-05- K7 405" O0O0" 90KND#
7( K.# 9#793#! O033-#E 5"
+
2
'2

1A<A, /1"A<
/D)+,1 5/H
%,*,! #%,* E B8TT )34E
K7 E## #(7D# R7N "0#C< 5" (D74
3;,!!"1 31"< K.K 9#DE9#K0O#! D7"0#CE "75# 5
1! 3<A "40D3# 17 05 K.0E P#33/PD0KK#5
5" #5--05- 772< 7D 5#7(5E!
!$$%! " $ % ! 31A,1"1A< 0KCE 5 #Q#33#5K EKDK05- 93#<
%$!%$%! ! " $ $!" *" 4II ;"A"<A ,"1"+,A,31
,/0<
7D 73"#D (5E! 0KCE 05K#D#EK05-
K7 E## 73" (O7ND0K#E 05 75K#QK
%! -05EK 5#P#D 47O0#E< %,*,!
K.D7N-. *, .,.)* 4R 05K#D#EK & *':01'6= ,! <1 011 8>-# #%,* 0E P#374# ""0K075 K7
K.# 47D# -#5#D3 D#"#D< ND9.R $$ .. '((91 58>/++ +2 >8+827+-+8 5R 7D )34 N((E 772E.#3(<
@4#622
#Q937D#E .7P 9DK0N3D (7D4E 7( ! !!
N03"05-! EN. E -#7"#E0 "74#E! E9#5K 4N. 7( 4R
KD5E(#DD#" (D74 K.# P7D3" 7( K.# "73#E#5# #5-D7EE#"

#Q97 05K7 K.# 7N5K#D/N3KND#! 05 772E 7NK .7DD7D
3#"05- K7 93#E 302# D79 0KR< 5" 47O0#E< 74#E

#
# 3772E K K.# D0E# 7( (D74 35 D52! "
K.# 973R9K0 3K.NE05 . 5" 7DD04#D N30K075E *" G&3;!
9#DE9#K0O# P0K.05 K.# P#D# ENDD7-K#E (7D K.# )34E< 3051,31 A3 ,;H
<A DAD;"< #5O0D754#5K3 47O#4#5K K.K 5 K.7E# 9D#/ "RE! ." K7
E9D#" 05K7 P0"#D P7D3"O0#PE! E D#3R 75 D#/DN5E 75 K N5E703 /"<
AD;" P#33 E K7N.05- 75 K.# 05+N#5# .7NDE! K.# 7D K.# 3<
!
<!,0 *':01'6= 011 8>-#
"*13/3)H 1! 7( .D0E4K0 05"0O0"N3E! 5"
97EE03# N3KE! P0K. K.# (03ND# 7(
7"R! 0KCE EK033 NE#(N3 K7 .O#
-N0"# K7 K.# ,)) !%&%!, 7(
28>.. '((91 57#/>> +2 >-++3 + 8
A*" 1! 3& 07E9.#D#M< ND9.R 3E7 #Q937D#E )34E< %,*,! #%,* &)!%
@B46'I
;*,A"AD;" K.# 05+N#5# 7( E0#5# )K075 &%* % &*, &%,!%%,* .0E "#E#DO#E 93#
%! % & 75 D.0K#KND# :(7D #Q493# K.# 4##KE K.0E 5##" "40D3R< 7 75 K.# E.#3( 7( #O#DR
01, 8>-3
P3205- 0KR! DK0 0K0#E 5" 9D9.DE# #5 #570! 0K .#39E 37O#D 7( (5KER! 5#QK
8$>.. 58>/>> '((91 ' '* +2 -2 -3 +2#8
E9# 73750#E;< # 3E7 K#E#E P0K. K.7E# )DEK EK#9E 05K7 3D-#D K7 K.# MTTT 0&)
@4#6II 9DK K.# NE# 7( K.0E E D0K0>N#! P7D3"< &$(%!&% ,& !)1
PR K7 49 (03ND# R D0K0E D7"# "#)5#E E @(5KER #*<<< 7.! .5- 75 & 0KCE K.# E4#
5 *, .,.)*! 7N-3E ND9.R EN. E 7#DK N-.#E< = K#.5737-RA< 7! #&"/&)" 772< 74# #5KD0#E .O# ##5
#Q937D#E K.# D73# 7( 47"#D50EK .#D# ND9.RCE "0ENEE075 0E )% 5" )2!#! (7D #Q493#! N9"K#"! 5" D05 D5#DCE
D.0K#KND# 05 K.# 40"/ K7 3K#/ K 0KE 47EK (7DK#5 0E 05 D#3K075 D#5CK 05 K.# K79 8TT #NE# P7D2 75 K.# )!% ! ,* 0E "N3R
MTK. #5KNDR 5" ENE#>N#5K K7 "74055K 5DDK0O#E< .# K.#R @"7 57K 053N"# 5R E9#0) D#"0K#"< K.#DE .O#5CK #DDR
D#K075E -05EK 0K< .0E 0E 5 5DDK0O# D7N5" 47"#D50EK D#(#D#5# K7 E0#5#A< 7D #. 7( DK.#KK .E -7K 57 (NDK.#D K.5
DK0N3K# 5" #EE03# 772! D.0K#KND# & 93N-/05 N03"05-E! K.# 8TT )34E! D7"# 30EKE D#"0KE! &, )<
P0K. (7DK#5 K.#4#E P7O#5 (7D #Q493# & PE +N0" N5K03 EK! 47EK 4#47D3# 305#! 7EK K.# #5KD0#E D# (7D PD0K#DE
K.D7N-.< .05-# 474#5KE D7N5" 9DK0N3D 2-D7N5"! KD0O0 5" E7 75< 5" 7K.#D 9#793#! K.7N-. K.#D#
ND9.R 3772E K K.# D73# "0EEK#DE 5" (03ND#E! 5" 753R 7D K.# D#7D"! D7"# 9NKE D# 95#3E 75 5K0753 (0DRK3#
7( #Q97E 5" P7D3" (0DE 05 #4# )Q#" 3K#D< .# "#K# ,)&(&#!* )DEK! -33' ( KD"0K075E 5" K.# 7E0753 57"
9D#E#5K05- E90DK0753 (NKND#E< PE 4N. 47D# 79#5 N5K03 P#33 1**1 E#75"! 1 , ), K7 K.# 4#"0< 3( K.# #5KD0#E D#
O#5KE EN. E Q97 HG 05 05K7 K.# 86GTE! (7337P05- #O#5KE ,&& ,!## K.0D"! 5" K.# 7D0-053 (7D NK.7DE (D74 K.# MTK. #5KNDR!
N## 9D#E#5K#" D.0K#KEC 302# K.# N44#D35" 0D#F ,) )* KD037-R (7NDK.< 5" K.0D" (D74 K.# 86K.! 5" K.# D#EK
O0E075E 7( (NKND# K7 P0"#D .7P#O#D! 0K 0E 57P 7(K#5 9#D#0O#" K.#D#CE K.# DN< NK KP7 )34 D# #D30#D! -705- 2 K7 D0# "#
N"0#5#< .# (0DE P#D# 4EE K.K (03ND# PE K.# 753R 7NK74#< N((E 05 D774 5" R7NC33 -#K K D5#! 88HT&8M8*< E R7N 40-.K
#5K#DK054#5K KK#5"#" R 3D-# .#D# "7#E E##4 K7 # D#/ 3#EK (7ND :9D73R 45R 47D#; 04-05# (D74 9D7"NK075 K#4
5N4#DE 7( O0E0K7DE< # "#K#E #4#D-#5# 7( E74# 0"#E! EN. E O#DE075E 7( K.# K79 8TT 47O0#E< 7( H6 9D7(#EE7DE 5" KP7 NK.7DE!
.7P K.# D0E# 7( 4N3K04#"0 D.0-D4CE 3N- 5 0KR! D##5K3R # D#-D"E .% 5" &##)## K.# &$(%!&% 0E EKD75-#EK 75
47O#" 9#793#CE KK#5K075 PR D#(#DD#" K7 05 5 D5 .052 & P.0. 257P D# +P#"! NK N5D#"3# 772E< K .E DK#D
(D74 K.# #Q9#D0#5K03 5KND# 7( 52 #Q.00K075! 5" 0K P7N3" .O# P.0. EK033 #517R 5" D#-D" E 5" # N05 5" N3345! NK
9.RE03 D.0K#KND# K7 K.# +K ##5 05K#D#EK05- K7 D#" ND9.RCE BN305- N5"#DC 4R K79 8TT & E 0KE D#3 EKD#5-K.E 30# 05 4057D
D.0K#KND# 7( P.K #4# K2# 75 K.0E 5#P -#5#DK075 7( @.0-.3R 40K07NE )34E K.K 0K7D05 30K#DKND#! 7END#
R#DE9#< D.0K#KND#< .K E0"#! K.0E 0E 9D740E#" 4N. 5" "#30O#D#" #K.50 NK.7DE 5" 7493#5K
ND9.R 0E O#DR -77" K 5N5#" EKN"R P.#D# ND9.R 503A< #K (##3 K.# E4# 7NK 3#(K0EK D0K0>N#E K.# #"0K7D03
"#ED005- K.# D0E# 05 47"#D50EK #74#E 302# K.# 5DDK7D 05 -33' : 257P 0KCE 4057D0KR O0#P; 7D" D#" K.#4 E7 R7N "75CK .O#
D.0K#KND#< D74 7ND 97E0K075 03304 0E75CE )%*" 5" K.# %,&$ % :D52#" K7< .#D# D# +E.#E 7( .N47ND<
P0K.05 K.# M8EK #5KNDR! 0KCE #ER &%,!%..$! 3#"05- NE D7N5" %6 375-E0"# K.# D#EK 7( K.# .# 05.0K5KE 7( S! R7N P033 #
K7 (7D-#K K.K D.0K#KE EN. O0E075DR (NKND# K.K 5#O#D 9D#>N#3 KD037-R;< C4 P0K. (CE -3" K7 257P! @E.7P 57 KD# 7(
E N2405EK#D N33#D P#D# D#.#" 0KE (N33 97K#5K03< 0-.3R 04 0E3#R 75 K.# %,&$ 3EE/75E07NE5#EEA! P.03# #!
KK#49K05- K7 "0O7D# D.0K#KND# D#744#5"#"< %< 7D# K.5 8* R#DE 3K#D! !% &%)#% 9D#E#5KE @E707/
(D74 K.K 7( K.# 86K. #5KNDR! $& " C4 EK033 57K 7O#D 0K< 9730K03 D0K00E4 7( (D-4#5K#"
P.0. E74# EP E .O05- 3#" K7 0EKE 5" D5205-E D# 7ND-#70E E70#KRA< 3E! K.#D#
K.# "#OEKK05- 75+0K 7( K.# )DEK
>N#EK075 7( KEK#! N3KND# 5" 0E 57 #5KDR (7D &#!,!##1 &)),
.3( 7( K.# MTK. #5KNDR< D0K#D0< #NE# 7( K.0E 05.#D#5K ,!$ ,&)!*<
7DK#5 K.#4#E DN5505-

# EN1#K0O0KR! 9D#(#D K7 D#-D" .# 5#K 0E EK P0"# 0#30NE
>I

3/," D1,3;1<8 D5

5" #55RE75 >N30(R! 5" E7 "7
,)* !( &/% 5" )!&&%<
.#D# D# #5KD0#E 75 33#K!
K#3#O0E075 5" 744N50EK
(732K3# )34E : END9D0E05-3R
9D730) -#5D#;< .K R7N "75CK
! $ "$! $ ') ") " "$ !$ $
-#K D# #5KD0#E 75 (732K3#E K73" ') %! %!" ("$ %$ $ '! " $
37N" R D#3 9#793#< .# #5KDR
75 BK7DRK#3305-C ER 57K.05-
7NK 30O05- EK7DRK#33#DE< 09#E 7( E#5E#A< 0KK05- K 4R "#E2! EKN"R 7( #Q0EK05-F NK 0K 0E -D#K
.E -0O#5 NE -N0"# K7 K.# E## 7.#405 9#D(N4# 7KK3#F P7D" K7 "D79 05K7 5R D-N4#5K<
30K#DDR (0DRK3# 5" 0KE 7((E9D05- 0K 99#DE 05 4R )#3" 7( O0E075! KDK E#5K#5# P0K.! @( 7NDE#!
05 (5KER 30K#DKND#< ( K.KCE K.#D#(7D# 0K 99#DE 05 )#3" (D74 5 75K737-03 9#DE9#K0O#<<<A
R7ND N9 7( K#! K.#5 K.0E 772 7( E#5E#! K.#D#(7D# 0K #Q0EKE< .# 5" R7N (+# R7ND 79975#5K!
.E #O#DRK.05- R7N 7N3" P5K< 9730# N507D5E 99#D 05 4R NK 57 75# 5 #O#D .N3 R7N
!) !$ K.05205-! P.0. 0E 3E7 )#3" 7( N9 (7D 40ENE# 7( K.# K#D4< .0E
E#5E#! K.#D#(7D# K.#R 3E7 #Q0EK! 772 P033 3E7 #Q9305 5" -0O#

NK 05 E74#P.K "0((#D#5K R7N -N0"5# 75 E74# 7K.#D
%

> *H A*" 3;/! 75K#QK! P.#D# @75K#QKA 0E 5
0497DK5K K#.503 75E0"#DK075<
.70# K#D4E 302# @.#D4#5#NK03
75EKDNK0O0E4A P0K.7NK #O#D
*" 1! 3& A*" 3"< 3A G,<A 7 #EE0# #Q0EKE! NK K.# 75K#QK 0E #05- .D" K7 (7337P<
%! EK033 EN1#K K7 "#K#< "7 .O# (#P D0K00E4E<
;""1 1 ,('6= 011 8>-# 4 57K 9D7(#EE0753 K E##4E K7 4# K.K K.#D# D#

3D;1"H *;3D)* A*" 87+.. 58>/>> +2 >2$#3 2#3 9.037E79.#D! 5" "75CK 257P E9#KE K.K 7N3" # #Q937D#"
D5";1AD;/ 1!<5"< 3& A*" @4#6II P.K .73#E 9D7(#EE0753 47D# (N33R< .# NK.7D 42#E
;,A,<* </"< 5 "#305- P0K. 47EK (7DK#5 9.037E79.#D P7N3" 972# 05 K.# 9EE05- "0E40EE0O# D#(#D#5# K7
& &
$ EN1#KE! P# (D#>N#5K3R 74# N9 NK.7DCE D-N4#5KE< .#D#(7D# K.# 0"# 7( 4N3K093# N50O#DE#E!
90'1 8>-# P0K. >N#EK075E 302# @7 -.7EKE 4 D#O0#P05- K.0E 772 E NK "75CK E## K.K K.#E#
8#3.. '((91 *,61 58>/>> +2 -2 >23++-8 #Q0EK?A 7D @7#E #EE0# #Q0EKA? 5 05K#D#EK#" 3R45! P.0. D# 05749K03# P0K. @#P
@4#6II NK "7 P# D#33R K.052 #57N-. 0E #QK3R K.# NK.7DCE KD-#K #30E4A & E05# 5R N50O#DE#
.# (73237D# 7( K.# 7NK K.K P7D" @#Q0EKA? .K N"0#5#< .# 772 0E PD0KK#5 99#DE 05 K.# )#3"E 7( E#5E# 7(
D0K0E. E3#E 0E D0. 05 #QK3R "7#E 0K 4#5! 7D "7 P# E 5 05K#330-#5K 3R45CE -N0"# 0KE 05.0K5KE< .#D# D# (#P
(5KEK03 #05-E< E 4#5 R 0K? ( 0K 0E KD#" 2 K7 K7 75K737-R< 7 K2# "0()N3K 9EE-#E 05 K.# E#75" .3( 7( K.#
P#33 E K.# (4030D 0KE K05 D77KE! 0K 4#5E @K7 EK5" K#.503 EN1#K 5" D#5"#D 0K 05 772 K.K D# .#O0#D -705- K.5
-7305E! "D-75E 5" 7NKA< 7#E K.K .#39? (7D4 K.K 0E 05K#330-03#! R#E! 5" K.# D#EK! 5" K.# )53 .9K#D
P#D#P73O#E! K.0E #517R3# #O05- E0"# -.7EKE 5" D#"3# (7D K.# 575/E9#030EK 0E 0E K77 E.7DK! P.#D# EKD75-
5" .0-.3R D#744#5"#" 772 #EE0#! "7 N507D5E #Q0EK? 5" .33#5-# K.K 4 (4030D P0K.! EN4405-/N9 0E 5##"#"< "7 .K#
05KD7"N#E NE K7 E#320#E! "##D/ .#D# P033 # 9D#0E# 4 5" 0K 0E 93#END# K7 E## PD0K#D 0K P.#5 753R 5 !%0 %&$!%$
P74#5! P0K./.D#E! PK#D/.7DE#E! D#(#DD05- K7 N507D5E P#D05- .0K K.# E97K E7 EN#EE(N33R< 5" 0E 9D7O0"#"< 7N3" 3E7 4#5K075
35"/P0-.KE 5" 45R 47D#< 9730# N50(7D4E! 75 K.# 775< 33 D#"0K K7 K.# KD5E3K7D! K77< K.K K.# N507D5 75 K.# 772CE
D73R5# DD05-K75 PD0K#E D 57K.#D >N#EK075 "7#E K.# .# NK.7D 0E " .5" K -0O05- 7O#D .E 57 9730# N50(7D4 <<<
P0K. "#40 NK.7D0KR! NK 7D3" #Q0EK? 7D"05- K7 D2NE #O#DR"R #Q493#E K7 42# .0E NK K.#E# D# D#3K0O#3R
05 30-.K 5" #EE03# EKR3#< D0#3! D7(#EE7D 7( .037E79.R 9705KE 3#D :.# .E (75"5#EE (7D 4057D 9705KE< .0E 0E 772
5NEN33R! K.#D# D# D#(#D#5#E K K.# 50O#DE0KR 7( 755! K.# 979N3D N3KND# E P#33;! 5" .# 0E K.K D03305K3R "#475EKDK#E
57K 753R K7 D.0 E7ND#E! 5EP#D 0E R#E K7 K.# N507D5E! 5" P0KKR P0K.7NK (3305- 05K7 K.K KD9 P.R 9.037E79.R 0E EK033 D#3#O5K<
NK 3E7 K7 D#/P7D205-E 7( K.# 57 K7 K.# 7D3" & E #O0"#5#" R 7( (NQ 17205#EE K.K "#40E 5R75# P.7 K.052E K.K "#0"05-
4RK.E 05 47"#D5 )K075! )34 K.# (7DK.D0-.K K0K3# K7 K.0E 772< E74#K04#E "79K P.#5 PD0K05- P.K #Q0EKE 5" P.K "7#E5CK 0E
5" K#3#O0E075 35 D5#D! 0DEK P# .O# K7 #EK30E. P.K (7D K.# 3R45< # 5#O#D K32E E74#K.05- K7 # 3#(K K7 E0#5K0EKE
DO05# #3E. 5" )" 33 0E 4#5 R @K.# 7D3"A .#D# & 57K "7P5 K7 K.# D#"#D< 5" .O# 0E 05 (7D END9D0E#< KD75-3R
D##0O# .757ND3# 4#5K075E< 935#K DK.! P.0. #O0"#5K3R K7 "40D# 5R75# P.7 "#ED0#E D#744#5"#"<
.52(N33R! K.0E 0E 57K R#K 57K.#D #Q0EKE! NK @K.# 7D3"A 4#505- K#9.#5 P205- 05 9D05K E
! %""
B#5R379"0C< 5EK#"! K.# 45R K.# EN4 K7K3 7( #O#DRK.05-< @.0-.3R 7O#DDK#" E 9N30
(#KND#" #EK0#E D# -D7N9#" D0#3CE "#30-.K(N33R 9D"7Q03 05K#33#KN3A<

05K7 K.#4#" .9K#DE EN. E D-N4#5K 0E K.K #O#DRK.05- #Q0EKE! @5K737-RA 0E P75"#D(N3 P7D"
B05 2C 5" B#K. N507D5E 5" 33! NK O#DRK.05- P.0. R7N 5 K.052 7( E K.#

2
7EEC< BNEK 7O#C D#O#3E K.K "7#E 57K #Q0EK< 7 -0O# K.#
END9D0E05-3R 3D-# OD0#KR 7( D-N4#5K (7D K.0E 05 O#DR E0493# 3 3;!"; 1H 3& A*"<" A,A/"< % 3; 1H 3A*"; 33. ,1 5;,1A % 31AA A*"
EN9#D5KND3 D#KND#E D# 05K#5K (7D4 K7 ER E74#K.05- #Q0EKE
75 .O05- E#Q P0K. .N45E!
05 P.K 4NEK # K.# N3K04K#
4#5E K.K 0K 0E 9DK 7( K.# 7D3"F
K.# 7D3" 557K # 9DK 7( K.#
7E93R #Q9#D0#5#< 7D3"! K.#D#(7D# 0K 557K #Q0EK< "/"5*31" I#(BI>IIIB4 G I4BC> '>2''' 0,/ <5;./"!,;"A636D.
$& !" .# NK.7D 05K#5"E K.0E 772 !!;"<< 3;A"1 ,0"< 33.<*35 3G >I "/<A31 4B I6
E 5 05KD7"NK075 K7 .0E 7P5 " "5A // 0-3; ;"!,A 1! !",A ;!< ,1/D!,1) F,A* 0"G6 *"7D"< 3; 53<A/

E.773 7( 9.037E79.R! P.0. .# 3;!";< <*3D/! " 0!" 5H/" A3 A*" 33.<*356 "/,E";H ,< =%4I !H< <D-"A A3
33E @#P #30E4A< 5 K.0E .#

# 42#E NE# 7( P.K .# 33E @)#3"E
E,/,/,AH6 3<A)" 5.,1) ,< &;"" F,A*,1 A*" 6
>4

3D 0D<A !," 5H 031)

;,"1!<
*,/H 1! A*" ;"A "A;H/
"0" 57K "7 172#E< 3307KK ." K.#
3EK 3N-. .# "O0E#" .K.#D 75
05K#330-#5# 05 K.# 86%TE<
! !!
%"$ %" )% ! ! " $ $&

$) ! $ $! )% "") (,,)190= 8>-#
7#$.. 5 /++ +2 -$> #-2 $
@#6'(

#
033075 9#793# 30O# K7"R! E2E 57K.#D 772 7NK
! 3//,"
DDE< 04 .03R? #E! NK ;33./H1:< D5";1AD;/ 9,1A:
7D K.0E 74930E.#" PD0K#D! K.0E 75# #Q405#E K.# !$
K.# " (77"! " PK#D 5" " 30O#E 7( .03R! 0.73E **0
'%&6 (,( ,))9*'6',*1 8>-$
9.D4#NK03E K.K E##4 K7 # 3307KK :57K.#D E#507D -+-.. '((91 8-/+# +2 -3>3---
ER49K74 7( 47"#D5 30(#! D# 57 H 7()#D; 5"
4#E
#ENE @4B6'I
7050"#5#< 5EK#"! K.#E# 5" 5-3#K75 : .#" 7( 7N5K#D/ D7723R5 D#E0"#5K
7K.#D .#3K./D#3K#" 9D73#4E 5K#330-#5#;< .03R ENDO0O#" E 733R 5.#D
D# 9DK 7( "#30#DK# 935 K7 7O0#K E9R (7D E7 375- R #KDR05- :8%,%&868H; PE 9DK
"DEK033R D#"N# K.# P7D3"CE K.#E# KP7 37E# (D0#5"E< B(EK05- -0D3C 5" 9DK
35D/A,31 31A;3/ 979N3K075 05K#D40KK#5K3R< .03R ." KK#5"#" K.# D0-.K BE3##905- 9D79.#KC<
3F 3;53;A" F1";< ;" DDE 0E 57K 1NEK 57K.#D E.773EF .# 5" 3307K #5K#D#" D74 K.# -# 7( 8H! E.# 33#-#"3R
,//,1) <
75E90DR K.#7D0EK! .7P#O#DF H P0K. K.# .#39 7( K.#0D #5"ND#" 9#D07"E 7( 05#"0 K.K
! N5302# 7K.#D PD0K#DE 05 K.0E -#5D# (K.#DEC (D0#5"E<.#D# K.#D# D# 3EK#" (7D 475K.E! #O#5 R#DE!
'((') ,00,; 8>-# 7( "REK7905 575/)K075! DDE 75+0K05- 5DDK0O#E! 5KRD# D#40505- #"D0""#5 N5K03 E.#
7 $.. *,61 5-3/++ +2 >>387#+ +3 "D#E K7 5EP#D K.# >N#EK075 EN--#EKE P.0. 0E 37E#EK K7 K.# "0#" *8 R#DE 3K#D< 7D 4N.
@4(622
7( P.7 K.# E050EK#D B.#RC P.7 KDNK.< 0" .03R 1N49 05 86HL 7( K.K K04# E.# PE P0K.7NK
33#-#"3R 75KD73 K.# P7D3" 7D PE .# 9NE.#"? 0" H 337P E0-.K! KEK# 7D E4#33 5" 9DK3R
@.#R P5K R7N "#"'A PD5E KN33R D#! 5" 2E N9 .0E .04 K7 #E9#?
7.5 # DD$CE 9D3RE#"! NK E##4#" 3# K7
04 DDE 05 3#KND#E K7 9D747K# (5KEK0 304E P0K. "#K03#" (K#DP7D" "DPE 75 .0E 57K#E 7( E#P 5" D#" P0K. .#D #R#E E.NK!
.0E 5#P 772 &(.#,!&% &%,)&# (77K57K#E E7 .0E D#"#DE 5 375- 86%H 75O#DEK075 P0K. 3307K< 5" K7 9D79.#ER K7 E74# #QK#5K<
&/ &)(&), /%)* )
!##!% "#0"# (7D K.#4E#3O#E< .# 5#"7K#E 375# D# P7DK. -05EK 2"D79 7( K.# D0E# 7(
*! .0E D03305K3R 9D570" # 9RE 9DK0N3D KK#5K075 K7 K.# #5KD5# 9D0#< 3307KKCE 90D0KN30E4! 733R PE D#-D"#"
5" #Q.NEK0O#3R D#E#D.#" P.K .# 33E K.# R5"0K#< -D#K/N53# E472#" .04E#3( 3733R E E05K! 5" K.7NE5"E
9D9730K03 372NEK#D< # 304E & EK5"05- (7D K7 "#K. (K#D #KK05- K.K .# O0E0K#" .#D< #9K0E D-N#"
.# (7D4#D 17ND530EK .E N5E! 03 5" DN-E & D# K.# 7N3" E472# .0E 7P5 .#0-.K 05 P.#K.#D 733R PE 5 .REK#D0!
PD0KK#5 #EKE#3305- 772E 5" 0- K.D## 05"NEKD0#E 05 K.# P7D3" .#D77KE #O#DR "R (7D K.D## ." 4N3K093# 9#DE7530K0#E 7D PE
DK03#E 75 3K#D5K0O# EN1#KE K7"R< 7D DDE! K.# #90"#40 475K.E< (#337P E9R PE @D#O7D (DN"< .# "0#" #(7D# "7K7DE
D5-05- (D74 -7O#D54#5K 7( 4EE E.77K05-E K.K .E ##5 03E75! P.7 ." (7D4#D3R ##5 7N3" 05O#EK0-K# .#D 304 57K K7
75E90D0#E K7 E 5" 30#5E! EP##905- K.# 50K#" KK#E E05# 9ND.E#D 7( E2N52 #QD#4#5K .O# #K#5 (7D 8, R#DE<
6I88! K#3#9K.R 5" E#D#K K.# 73N405# 0-. .773 05 REE050A< .#5 K.# .#" #D#! EK##3 5" .0E 9N30E.#D
E70#K0#E< 0E )DEK 772! )&**) EED# 05 8666 0E "N# 57K K7 K.# 7( D0O3 05K#330-#5# -#5R .O# "75# -D#K E#DO0# 05
:EN/K0K3#" B.# 37K .K 033#" E#75" 4#5"4#5K 7( 4#D0CE #5K#D#" K.# D2 7K#3 33D774 D#EN05- 5" D#9D05K05- 5
#55#"RC;! PE E7ND# (7D 30O#D 75EK0KNK075! P.0. -ND5K##E 05 PDK04# EK5N3! K.# 5" 575R47NE & K 3#EK K.# NK.7DCE
K75#CE )34
< 4#D05E K.# D0-.K K7 @2##9 P7N3" EKD02# N9 B77! 77! R! 54# 7N3" 57K # (7N5" &
5 .0E 5#P 772! DDE K2#E 5" #D D4EA! NK 05EK#" C4 9RC @.# K.05-E 257P 07-D9.R 7( 733R P0K. 5
#O#5 K.# 47EK E#9K03 D#"#DE ER49K74 7( K.# 0DD#E975E03# P7N3" 42# R7N EK--#D! I C4 K#5 5K.737-R 7( 7N5KE R O0E0K7DE!
K.D7N-. ML .9K#DE #Q930505- 9D#ED09K075 7( 5K0"#9D#EE5KE 9#D #5K 372 5" 505#KR 9#D #5K E74# (47NE 05 K.#0D "R< EK##3
P.R 0K 0E5CK DSR K7 # 9D570" 5" 7K.#D 405"/3K#D05- "DN-E K7 "--#DA< D.4 D##5# : H .E ""#" DK03#E 75 E0403D
7NK K9 PK#D 7D "0#K )SSR .03"D#5 5" R7N5- "N3KE 05 K.# -#5K "ND05- ; "0E7O#D#" E#E 7( B(EK05- -0D3ECF K.# 9ER.0
"D052E< .# )DEK! 74057NE3R 50K#" KK#E< 7"# 372 (7D B#N5N.C< # )533R 905K05-E 7( K.# 5-E 0EK#DEF
33#" B#979N3K075C! "#K03E K.# DDECE 75E90DK7D03 NE#" 0K P.#5 N53# K7 KK#5" BK3205-C EK7O#! #( K.# 75-77E#
0SDD# #7D-0 N0"#EK75#E! P7D3"O0#P 0E 99D#5K 05 .0E 4##K05- .# E0-533#" 2 @02# 5" K.# (#E K #34#SF 5"
475N4#5K 4"# (D74 E0Q -D50K# PD0K05-< # 0E 57K @7050"#5# K.# #N5N. 5CK 74#A< 3307KK EK0-4K! 4N3K093# 9#DE7530KR 5"
E3E 05ED0#" P0K. #0-.K 47"#D5 K.#7D0EKA! E .# 33E E#9K0E K772 N9 "7PE05- 5" P5K#" H 97EE#EE075 E#E< 7-#K.#D! EK##3
5" (7ND 50#5K 35-N-# ED09KE! 7( 75E90DR K.#7D0#E 05 .0E K7 EN997DK .0E 935 K7 D#7O#D S0 5" #23#R D-N# K.K 733RCE
053N"05- R37505! 3EE03 3#KND#E< 0E D#"#DE D# 3#(K K7 KD#END# ND0#" 05 K.# -D7N5"E 7( 0335#EE 5" EKDOK075! P.K#O#D
D##2! 5E2D0K 5" -R9K05 "#0"# (7D K.#4E#3O#E P.#K.#D 745 475EK#DR< .#5 .03R 0KE 7D0-05! PE 5 #Q9D#EE075 7(
.0#D7-3R9.E< 7D97DK# EKN90"0KR 0E "N# K7 "0#"! 3307K EN--#EK#" K.K .# # (#43# #4509K075F E#N3D
.03# E74# 7( K.# 8T E0493# .N45 -D##"! 7D 9DK 7( -0O#5 F .# P7N3" PD0K# 5 (7D4 7( E0403D 9D0OK075E
-N0"#305#E E7N5" D#E753#! 75E90DR K7 N33 K.# -373 70KNDR 57K# ER05- 753R @ R #5"ND#" R (#43# E05KE EN. E
:@O70" 9#KKR 3PE 5" NE#3#EE 979N3K075< 309E .O# .0K.#DK7 ##5 E#3#" NK K.#D05# 7( 0#5<
7()03EA;! K.# K79 75# &
! " 5 57P D#O#3 K.K .03R PE
!
@ 05K05 .N450KR N5"#D 75# 7( K.# DO#EK 4#5 .O# #O#D
*TT!TTT!TTT 05 9#D9#KN3 35#
257P5A! K.#D#R EN--#EK05- K.K

P0K. 5KND#A & 0E 3D405-< .K .03R ." P7D2#" (7D K.# D0K0E.
7NK K.# D#EK 7( K.# 7O#D E#O#5

$ # 33 375-< "3R! K.# 5#P/EKR3# H

2
>C

##) ## @ !/I3 !K5/,1@ @,1! H1!@,/L !EJ!!1 !,1) *H03?3H@ @*3J,1) E*! !I!/350!1E 3$
!!>@ E,0! 0),/ )?3H5@ *I! 1 !,1) $H1E,31/ ?!$!?!1! !@353E0,1 @E?3/3)L @,
$ +0 & 0 ! 01L $/@! /,0@ $3? E*!,? I3/H0!8 *,@ 31! ,1*,E@ E*! E3 ! E*! !?/,!@E !I, !1! 3$
* !! ,$ ( "
% %& % ?,EH/@ @! H531 13*,1 0, /! )?3H1 30$3?E/L !,1) @L@E!0E, =@,!1!> J*,* L E*!
1)!/, @L03/@8 J!//+J?,EE!1 1 !/!E, ,1 ,E@ E,0! 3$ E*! %?@E L1@EL @ L/31
?3/,% .13J/! )!/! 1 /!? !?! !/I3 /,0@ E*E $E!? @3H?!@ 6),I!1 E E*! .7 HE 642NN#4CNN 7 * @5J1!
300H1,E3? E*! H,9H,E3H@ 01L L!?@ 3$ *,@ 3J1 0),/ E*!?! ,@ 13 E!//,1) J*,* $E3, 3//!)! 3$ 5?,!@E/L @5!,/,@E@ E3
,. ! $!?1 5,/3E@ E*,@ H@!$H/ 1 @5,?,EH/ ?!@!?* *! *@ 0! $?30 J*!?! 6H1/!@@ L3H * ,1E!?5?!E E*! 03I!0!1E@ 3$ 5/1!E@
!1L/35 , 3$ 03@E 3$ E*! 305/!E! E*! @L@E!0 /!$E H1%1+ E*! @3H?!@ L3H?@!/$ ,1 J*,* 1 @E?@ @ !/!@E,/ 30!1@8
.13J1 ?L5E, 5?,0E!@8 I!? GNN ,@*! L !! 1 !//!L @L@E!0 @! J*L J3H/ L3H J1E E*,@ ,)!1E 5?!@!1E@ !E,/! 1
!1E?,!@ 01L ,//H@E?E! !/ J,E* *! //@ =3J!? ),>8 33.:78 J!//+?)H! *,@E3?L 3$ *3J 03 !?1
E*! .!L 3H0!1E?L 1 ?!E @ 5?!@!1E E3 L3H1) @E?3/3)L * ,E@ ?33E@ ,1 E*! L+
5*L@,/ !I, !1! $?30 *,@E3?,/ #+ 5!?@31 E3 ,1E?3 H! E*! ?,* /31,1 1 @@L?,1 !05,?!@ 1
1 31E!053??L @3H?!@ #
I?,!EL 3$ !1E,E,!@ ,1 /3?! 1 *3J 3I!? E,0! ,E@ $3H@ @*,$E!
,1/H ,1) E*! ,053?E1E @,)*E,1)@ , ,$ +0 /!)!1 3? E3 .!!5 ,1 E*! /,EE/! $?30 E*! .,1) 1 @EE! E3 E*! $E!
1 !13H1E!?@A E*! *H1E!?@ *&!! ( "
% 0& ?330 $3? ?3J@,1)8 3$ =!I!?L01>8 1 E*! JL E*,@
,1I!@E,)E3?@ 1 ?!@!?*!?@A =@,!1!> ,05?!)1E! J,E* L/3+
1 E*!3?,!@ 3HE J*E E*!L ?! *,@ 1E*3/3)L 3$ 4" =@*3?E #&)& # "# " 1,1 3@03/3)L 0! E3 /3?!1!
1 *3J E*!L 0,)*E *I! @H?I,I! @E3?,!@> L 3@E!? 61 !0, " I, )L5E 1 5/L! @,)1,%1E
1 !I3/I! # $?30 // E*! 1 13I!/,@E7 !/,1) J,E* ?1)! -/ #- +0 ?3/! ,1 E*! ?E@ 1 @,!1! 3$ E*!
3H1E?,!@ 1 H/EH?!@ ,1 J*,* 3$ ,$$!?!1E EL5!@ 3$ @H5!?1EH?/ **0!! )$ ,$ "
%0%*% *& !1,@@1!8
*,?L 01+/,.! ?!EH?!@ *I! !K5!?,!1!@ $?30 *H1E,1) 1 *,@ ,@ ?!I,@! ! ,E,31 3$ E*!
!!1 @,)*E! 3? ,0),1! 8 !K5!?,!1!@ 3$ !I,/ 3,1,+ 031) E*! 0!?,1 5?!@, !1E@ 422( ! ,E,318
*!?! *I! !!1 @,0,/? !1!@ 1 /H. E3 31',E J,E* ,13/1 ,@ E*! 03@E *H1E! 8 @
305!1 , ,1 E*! 5@E HE E*,@ )L5@L 0),8 !/M!? @!E@ 3HE 13E 31/L , ,1+ %#$# & )-
31! ,@ 1) H5+E3+ E!8 !J30+ @ ,1E?,)H,1) @ E*!@! ;E?H! 3/1 @H$$!? $?30 03?, ?!0@
!?@ E3 E*,@ 305/!K E35, J3H/ 3 @E3?,!@< ?! E*!L ?! H@!/!@@ E3 HE *! 1 *,@ J,$! * 1 ,1E!?+ !
J!// E3 @E?E *!?!8 $3?E!1@ @ E*!L /. 6 !/,!?+ !@E ,1 @5,?,EH/,@0 //!)! /L !I!1 #/ ,$ +0
E!/L7 @3H?!@ 3? 3E*!? , !1E,%+ @.,1) 0! ,H0@ E3 *11!/ E*! +!! ,$ ( "
% &*+
"#" " E,318 1 1 ,1E!?I,!J !/@!J*!?! 3H1 ,1) E*!?@ $3? I,!8
% #% & 3@E!? !K5/,1@ ;*! ,05!EH@ E3 E*E E*! 01L @,)*E,1)@ 3$ E*! 1 ?!@531@! E3 E*! !L 1 3I!?+
! !*,1 E*!@! @*3?E @E3?,!@ J@ )*3@E@ 3$ ,13/1 1 *,@ @@@+ ?3J ,1) 3$ !@E/,@*! !0!E!?,!@
$)/ $ +0 E*!,? E?HE* E*!L *55!1! E3 @,1 ,1 E*! ! !@ @,1! E*!,? ,1 ? $3? 1!J 31! J@ 30+
!! ,$ &"
% &+0*0 ?!/ 5!35/! 88 *!@! $E@ ?! !E*@8 0,@@,31! ,1 4"(2 1 !I!1EH//L
!,E*!? )/!1! $?30 1!J@55!? !M/!? *@ @3H?! E*! *,@E3?,+ 35!1! ,1 4"&(8
1 E*! 4CE* !1EH?L ?)H/L ?!53?E@ 3/ %/!@ ,1 ,I, H/@> / ?!3? @ J!// @ E*! ?*,I!@ *! 1!J 1 !?/,$$ !0!E!?L
31! 3$ E*! $3?!03@E /,M!E*1 3H1E@ 3? $?30 ,?!E 5!?@31/ 3$ 1!J@55!?@ 1 @5,?,EH/,@E J@ ?!$H//L !@,)1! 5/,1)
@*3/?@ ?
3*1 !! 1 *,@ !K5!?,!1!8 E *@ E3 ! 0 ! @3,!E,!@ E3 '!@* 3HE E*,@ !!?,! 31$3?0,@E H?,/@ ,1 31@!?E!
305/,! J? !//!L # E*! /!? 3$ 3H?@! E*E E*!?! ,@ 13 311!E,31 J,E* /3E@ 3$ 1!J E8 )?3H1 31 ,E@ J!@E @, ! @!5?E!
@E!?!3EL5,/ J,M? @ 3$ E*!,? JL 3$ E?,1) E*! *?E!?@8 E @!!0@ E*! 5?!@, !1E 1 33E* $?30 31+31$3?0,@E H?,/@ ,1
L # 31I,1! ?3L/ 3H?E@ 1 *!@! *I! 3E*!? 10!@ 1 *,@ .,//!? J!?! $1@ H131@!?E! 5/3E@ 31 ,E@ @0//!?
,1E!//!EH/@ E*E 1)!/@ 30+ .)?3H1 @ HE E*! @!9H!1!@ 1 !* * @30! 3,1)@ J,E* !@E!?1 @, !8
0H1,E! J,E* *,0 I, E*! 3$ E*! @E3?,!@ 1 E*! !I!1E@ E*! 5/L $!J L@ !$3?! E*!,? I!? E,0! E*! J*3/! !0!E!?L
=@?L,1)> E?1!@ 3$ !//!L 1 ,1 ?!3? ! ,1 E*!0 *I! EH//L $E/ !13H1E!? 33E* 5/L! E*! !0! 5?,0! !K05/! 3$
E*! @L03/, ;/1)H)! 3$ E.!1 5/! ,1 ?!/ /,$! 3I!? E*! H?@! .,1) J*,/! ,E J@ ,13/1>@ ,E3?,1 @EL/! J,E* 031H0!1E@
?!E,31< *! //! ;13*,1<8 /@E 4NN L!?@8< $I3H?,E! ?! ,1) 31 *,@ /@E ?1),1) $?30 E*! 5/,1 E3 E*!
*,/! !//!L * @* L 5@E -3H?1!L $?30 ,*031 E3 @*+ )?1 /L ?39H! E30@ 3$ E*! ?,*
!! J@ ?!@5!E! @ /! ,1) + )# !#"& ,1)E318 E*! $03H@ 1 13,/,EL8 *!?! ,@
0E*!0E,,1 @E?3130!? 1 %& " " & " 13E*,1) 5?E,H/?/L $3?E!1 3HE
@E?3/3)!? J*3 @5!,/,@! ,1 )% +,%&, $%)& &)%# #- " "") E*,@ 3? E*,@ 33. !K!5E E*E ,E ,@
3H/E 5*,/3@35*L 1 /*!0L8 &#$#)! I!?L J!//+ !@,)1! 1 ,//H@E?E!
! * 31! 3$ E*! /?)!@E 5?,IE! #
)#) #$$ +0 603@E/L ,1 3/3H?7 !/!?E,31 3$
/,??,!@ ,1 1)/1 1 *0+ **!! )$ . "
% %%*+& # +0 5!?,3 1!?353/,@ 305/!E! J,E*
5,31! )/3/ !K5/3?E,31 1 +!! )$ "00
% *++ 0 *,@E3?L 3$ ,E@ ?!/E,31@*,5 E3 E*,@
5!?$!E,1) 0!E*3 @ 3$ 1I,)E,318 1 ?!!1E L!?@ J! *I! @!!1 3?.@*,?! ,EL 1 1 3H1E 3$
$E!? ! !@ 3$ ?!@!?* ,1E3 5?3/,$!?E,31 3$ @3+//! =%!/ 1! 3$ E*! 03@E !K,E,1) ,@3I!?+ @30! 3$ ,E@ ,1H0!1E@8
13*,1 E*! 300H1,E,31@ )H, !@> E3 I?,3H@ EL5!@ 3$ ,!@ !KIE! $?30 E*! @@L?,1 1 !K!//!1E !K05/! 3$ *3J E3
!@! J,E*3HE !! ?!!,I,1) E*! ?L5E3M33/3),/ 3? 0LE*,/ !1E,+ .,1) @*H?1,5/>@ ?3L/ /,??L E 0.! /3/ *,@E3?L I!?//L 1
305/!E! ,1@E?HE,31@ $3? ,E@ H@!8 E,!@ 1 @30! 3$ E*!@! @,E ?E*!? ,1!I!* J!?! /HE* 3$ E/!E@ I,@H//L ,1E!?!@E,1)8
FFB '*
JJJ8$3?E!1E,0!@830
!'("

"

B&;(++; ! B& B(/- <5E-<

G&- B&I /, ; B-< H(B(-%
- ;EB+ ! EB </,&/G B&(-*
(B G< (-B- < ,/; B&- B&B4

# ! #

## $
#. %7 . 48)
& .$/ .(% 0 .5.7

-(<
/1+(- (< /"B- <;( <
B& "(;K )E +E +/-%
G(B& B& "/;,-B(/- -;(H
;(-
/-< - +- (+</-4&I
G/E+ <//- )/(- I B& +(*<
$ %%!# /E<+I B&(< (- (B<+" /< -/B ,*
"/; - H(B(-% "(+, - </ BG/
;(B;'(;B/; B1&- (-'
%+B/- ,*< (B ;I<B+'+; &/G
/"
(, /;;(</- E;B /(-
- ,/; ;-B+I ,I (-'
#. 3*!& #& $3(& 48)
& .$/ .(% )4 .5.7 -B%/-(<B< ; (-B;/E BE;-' G"E+ +(" /- B&(< +F+ G/E+ BE' &/E< G&/ (-(-B++I ;%E+;+I
(-% E1 /EB /" B& +E /- I - ++I I F(%/;/E<+I ;E(-% B& (B
/1+(- < - (-"+E- 2<
& 1/<B'1/+I1B( "(+, < <-(-% /E; &;/ 2 ;B(- --3 F(G;< -/< (- B& ;+(BI4 "(-
34
%-; (< (;/-(++I G(++I /F;1/1' (-B/ <(+-B 1-(4 (-B-B(/- 1;&1< EB (- 1;B( &(< -G /E,-B;I <&(-<
E+B4&;:< B& +<<( 9J/,( B&;I- 2+GI- /E;3 - &; (B ,*< "/; </, E-/,"/;B+ <1/B+(%&B /- /- /" B& ,/<B
1/+I1<: B& 9B// ,-I 1/1+ E%&B; (+) 2 ( /B& &(-%+I F(G(-%4& H1+((B-<< - -(%,B( - ++E;(-% B+-B< /"
-/B -/E%& ;</E;<: F;<(/- - &(1 ,/+ - "/;,; <5EJ ";5E-I /" <-< /" -E(BI - B& +B DK& -BE;I H1/<(-% (-
B& 9&;+I -I 1/1+ &;+I -I /" &( /E"3 "(;<B 11+ B/ /(+I "E-B(/-< (- B& - ;G -( B(+ "/; 1;&1< B& "(;<B
;</E;<: F;(-B4 & E;F(F+' &(< %-;/<(BI B&- /""; B/ B; BB-B(/- ,;+I B/ B&,<+F< - B(, B& ;(F(-% "/;< &(- &;
(<B 1;/+I "(B< (-B/ B&B "(-+ %//<= - G&- B&< ,B&/< ;(<* /<E;(-% B& 1/(-B B&I G; ;B&B*(-% <<E+B /- 1/1E+;
B%/;I EB (B:< "; %;(BB(; - &F "(+ B&I 11+ B/ &(< 1;<E,+I (-B- B/ ,*4 E+BE; B& <,++'B/G- H(<B-
+*; B&- <I B& /<B-<(+I +((/4&E< B&I %;E++I (-F(%+ (-%+B/- B*< "E;B&; ;(<* (- B& ;E<&(-% +/-+(-<< B& +/<B
<(,(+; <;(< $ %% !4 B&,<+F< (-B/ &(< +(" B&;I "(+, -/B 1* G(B& B(/- I +/F< B& ;E% E< B& ,/'
- <BI+(<& - ""B(F /1-(-% 1;/F((-% B& "(+, G(B& (B< -;;' E<(-% F;I +(BB+ (+/%E4&(< 1I< B(/-+ FE+-;(+(B(< B& <B;E%%+<
<5E- G < ; +(- ,/F(-% B(F4 ; B&< BG/ G/,- G&B /"" B&/E%& B& &;B;<: 1;</-' G(B& <E<< - &/G ++ B&<
;/<< B& <;- < /- %;1& B/ B&I <,6 &B ; B&(; (-B-' +(B(< ,;% <+/G+I - (- +(" B&(-%< /FB(+ B/ ,*
/1+(-
(-(B G/;+ 1/1E+B(/- %;/GB& B(/-<6 /< B& E;F(F+(<B ;/%' /-<(<B(-% /" (-<<-B ;1B(B(F B& (/- <& ,4 /; ++ &;
B&;/E%& B(,4 B ;B(- 1/(-B (B -(< G&B (< %/(-% /-6 < & E<(-% ;E%;I F- B& B(-(<B %<BE; B+-B <& /"B- EB +/<B B;%(
(< )/(- I +E +(- (-(B(-% B&, /; ; B&I E<(-% &(,6 /" &E,-(BI <&(-< +(* /-4 "(%E; - <& <E""; %;B+I
B& +F+ /" G/;+ /(+ 1;/EB(/-4 &(< (< -/ /,"/;B+;;I & B(-% &+1< G(B& B&(< -/;' B B& &-< /" /B&;< E;(-% &;
F-BE++I B& +E +(- 1*< - B(/-'<BI+ 1/+I1< B&;:< ,/E<+I /" /E;< ;B(- -- <&/;B +("4 - 1/(%--B H,1+
;/1< /"" +("" /F; G&(& B& ; (<B(-B +* /" ;- <GB;< 1+' (- 1;B(E+; (< H++-B ;(-%(-% /F; (- B& "(+, (< B& B(,
+(- <&/;B+I "/++/G<4 B:< %-E(-+I (-% <1E< - B&(-% B& ;EI' (&+ <<-;'+(* +//* G&- < <BE-B <& G< F/B
";(%&B-(-% B/ < B&B 1/<<((+(BI " *(< (- ,*<&("B <&//+' /,,(B,-B - (-B-<(BI B/ &(< 9%+(<B ,- /- ,1E<:4/ &;
- )E<B &/G 1--B G ; /- ;//,4& "(+, 1;<-B< "EBE; ,/-/<I++( ;/+4 B;-+ ;(B
/1+(- B//* ++ B&(<
"(-(B ;</E; , +;4 - +;+I /- B&B:< -/B "; /"" /" &; ; /B& /F;B - <EB+ 1(- 1;/<< (B - BE;- (B
& B(BE+; &;B; ! &(< -, )/I+<< ;1B(B(F *;*(-% (-(B(/-< B&B B& B+ /E+ (-B/ </,B&(-% 1/<(B(F4+* /EB
(< -F; %(F- ! *< /EB +(F(-% G/;*4 E; &;/:< (- (< -/B - ;%; < ;+(%(/E< <1("(' G;(-% I/E; &;B /- I/E; <+F4
(- B(-I (- 1 (- B& G//< (I++( ;E;+ &(GI (B:< <,++ ++I &;(<B(- 1;+4 F(/E<+I ## $ (< G;(BB-
B-(-% &(< ,%; %;- - ;* ,1 &/F+4& "(+, ,*< ,-I "(+,< &F E< (,%< /" - (;B I ,,I G;'
-F; F; +BB(-% &(< %E; /G-4 - -/;,/E< ""/;B B/ ';/,-B(' E;(+ +(-% G/E-< G<&(-% G(--; ,I ;% G&/ & -
/< &/GF; (<1+I +F+ /" (< G&B /E+ <(+I &F /, &-< 1(; <(< ";B;-+ 11;/& B/ ,* B& "(+, (-
;</E;"E+-<< B&B ,* I ;1;<-BB(F< /"
/1+(-:<
;< +//* +(* G*- &(11I4 I ;(- +(<< B/ <;( B& ++ B(/- EB (B:< E-E<E+ "/; ,/F( B/ <BB (,1;<< I ;%:< %
&< "// GB; "E+ <&+B; B// )/++I 1/<B'1/+I1< +(" -F(' (-+E B&, ++4 <E<1B </- ! % "(+, H1+/;(-% B&
- 1;/BB(/- (- B& "/;, /" &(< <(/- I EB&/;< +(*
/&- I-' F(G(-% G/E+ ;F+ ,/;4 - +(" - ;(,< /" (<%; B&/'
<&/B%E- - &E-B(-% *-("4 F(' &, - /;% BG;B4 ,/; 1;/<( +F+ (B <B(++ G/;*< < +( 1;(
FFF4"/;A-A(,<4/,

!'("
- /-+I &+1 E(+ ;%:< %;/G'
(-% ;1EBB(/- < <& +F< -/
<B/- E-BE;- (- &; BB,1B< B/
<E,,;(< - 5E-B("I
/1+(-:<
<E<< - +<B(-% (-"+E-4

&(< "B (< &(F 1;(,;(+I
" !"% % % "
B&;/E%& HB-<(F (-B;F(G< G(B& " ! " % " %% &! !%
",(+I ,,;< ;/,-B( (-B;'
(((%"%%&!!%# !'%!("
<B< - ,E<(+ /++/;B/;<
;&(F "//B% /"
/1+(- G/G(-%
B+*'<&/G E(-< ;;+I &; A&;(++; - A/D&(-% A//4
1;</-+ /;;<1/-- - (; ;;
/&-<A/- CJ0# GA (< -
,E<(-%< - ,<,;(<(-% +(F A;//, @.4.. 23 D-<&, &/,% A/ A+(-
"//B%4 - B& G/;< /" ;% &/;;/; ,<A;/ D(/ D+(4
7
-(< (< <B(++ F<<+ "/; /E; /+'
; 0.J< &/;;/; 5D-

+B(F 1(- ! B& ;G +/5E-B (; /%&%- CJ0# ;; ;,1A/- A&(-*< A&
F/( B&;/E%& G&(& /E; <E"";' AD(/-+ @.4.. 23 <&D""+(-% -/(<< (- &; -F
(-% %B< E+I *-/G+% - &/D< ,(%&A &; </-4
-*+I H1;<<4 & +("B< E< E1 & +/+ A/F-<"/+* &E /A&;
G&(+ ;<<(-% - 1B(-% B& (<4 A:< -/A < </+( /; (-E-'
1(- B&B +(F< (- & - F;I (; ;/- - D<A(- +(-% CJ0# A(E <
DA (A:<
/- /" E<48 /- (%&A @0C4.. 23 "D- FA&(-% A& "(+,,*;<
!" &!" A(* A& D+( /G< F(A& <D&
%+4 1//*H A/F- %/A (A4 (;
# ! # (;
/&- ;E(- 0.0 /E;"A(- D-;++H 1;<-A4 A&; /A&; /++HF// ;/H+< 1+H
/- (%&A @0C4.. 23 @0$4.. ++ /DA %/;'"<A A A& - F(A& ;-H'<F(++(-% 1-<(/-;< FA&'

2+D';H 1+<D;4 +D< ;;H <<--:< (-% A&(; *< "/; A&;A
(- (A - (-<A-A 1+D< 1/(-A4 ";/, A&(; 1<A4 /-++H A&
A:< 1//*<''/'/ A&(< ,/-A& & 1'%;- 1/<A; "/; "(+,:< <&(I/1&;-(4 & <DA+
&# F(A& ;1H ;/1 /" %&/<A ,/E' (< 1* %/A&( &(-A< ; ";5D-A+H 1D-'
#. !.#/3(*!. ..7 )''
(! # 2)-'' +,
(< /- - +D';H4 F(A& %+/F(-% ;E(F<4 - ;(A( ADA H GA;, (* (++;
(;<A D1 ; AF/ &/;;/;< E- <( A&H F; 9<&*(-%: )D,1 <;< <&/&/;- (- H
&# (< +/G E%B <B;(%&B' ";<& ";/, "(+, "<A(E+ DII4 F&(+ FA&(-% (A4 ,,,4 A:< -(E;<+ F&/ F-A A/ ;-*
B/'F(/ E-/""((+ # "A; <& <;F< D1 - 1;AAH %// (<1+H(-% <DA+ D1 A& &/;;/;4 *- /- (A< /F-
<1(-'/"" "(+, ";/, 0. #4 ;/;H H/D-% &//+D, <-<((+(AH - </, "/;A- A;,< &/FE; (A:< +<<H
& 1+/B (- <-B- /; (< /D;A'/;; A/ <AH "/; (%&A -%+< DA A// ,-H A(,< &(++(-% ;( - +( ;(% ;++H
BG/ G /;+ -(F;<(BI (< ,/-A&< (- &; ,D,:< &D-A & A&A (<A- 9/DA /" /H: (< A& 5D(-A<<-A(+ ;1H
G %I /,1EB;'BE%&B E+B &/D< %;A ;(1/<A A/ A& "+(-% A& /- F&; H/D %(;+";(-4 - F&/ <H< &/;;/;
;E- I F( &-++/;(B/;( 7F&H /-:A A&H )D<A +E8 /,' H/D:; )D<A FA&(-% A/;< ";/, A& 1<A F< ,/; A<A'
B;"(+ 2/;& B+(-%3 1+(-A4
(< ;*(-% ;(-% +(-<4 A:< +;+H <; "D+ A&- A/H:<6 &(< -;+H
"/;,; /B/;:< /,1-(/- EB ;( 1* F(A& AF(<A< - "D++' +/A /" 1/1+ A&/D%& - $J'H;'/+ <AD(/ 1(AD; "+<&<
<;B+I ;E- I ;/"<</; ;F;< /- <-/;A'+D%&< +(* F&- A& ,H H/D:++ <&* F(A& "; A//4 FH ,/; -* "+<& A&- A&
2
* B+(-%3 G&/ BE;-< /EB B/ ";(IIH'&(; ,D, +//*< 1;/D+H ;H (A - < "/; H/D;<+"4 /E -F ;+<< /,(-4
B& ;B -B++(%- G&(& A &; D%&A;:< -*+ ,/-(A/;4 (-++H F ;-* D1 A& -+D(-% A&A /" ;(% <</-
1+-< B/ B* /F; B& G/;+4& 7/<& A&A:< &(%& A&! ;-:A D%A "/; DA("D++H <&/A F&/< DAA'-* "++ ";/,
;(-G<& <BE-B< ++ ,/F(-% H/D +D*H H+( &E(-% ++ A&A ;A;/ ;+<4 ;//" " <;D-& D1 +(*
< /- ; *-/G- < &(++(<4 "-H A&-/+/%H /- H/D; "//A!8 F< < /- A& &(A -/E+ H &(1,D-* < &(< 1D(< &D;A+<
/; </, ;</- ;(%(; B&' H+( ;/++< &; H<4 A:< F++ A; A;D DA (A:< 5D(A (A< A/F; A& <;- (< <A(++ ,*(-%
;(%'BG;B 2(&/+< /E;B' , D-1;(A+ &/;;/; /F- <A4 ; <A(; - , &D*+ E- < F;(A A&(<4
-I3 &< - ;B"B B&B (< (-'
(-% B& :< 1/G; - (< (-%
1E;<E I B& -(F;<(BI B&
- G&(& +</ 11;< B/
&F - (-"(+B;B@/;;E1B
B&/E%& B&B:< -F; 5E(B +;4
;&
- ,(B& 2+(<B&
+-3 BE;-< E1 "/; "(F ,(-EB3 -
20.? 3 G&(& "((/-/<
G(++ ;++ G; /'G;(BB- I B&
+B; ' ' EB&/;
-;I (-/+-4 ;(B; ; +BB
BB>
FFF4"/;A-A(,<4/,
!'("
G;/B /- /" B& "(-+ I+F<B;

/I <B/;(< !# #
(B& 1B< (; &/,<:< ,;;(%
1;/1/<+ - B&I ,/F B/ ++;+
G&(& ,-I F(G;< "/E- (-/,1;' ++ &(< (</+B ;E,+(-% ,-/;
&-<(+ G&(+ (;B/; &;(<B/1&; (- E,;+-4 EB </,B&(-% <(-(<'
;;I (;B <B/;(< /- - /"" B; //J< ";/, B& G++< /" B& &/E< (/-< A /, -A;A(-,-A @0C4.. 23 @0$4.. 2+D';H3
";/, 0.?C B/ 0.>.4 <//- (B& /,< G; /" B&
</- A,- A& ""+ /,H';, ;%D+;
& /B/; /<-:B 11; (- <&/G< B&B &E-B (B< /;;(/;< - <F(A&< A/ "D++';* ,/ "/; A&(< D-<AA+(-% &/;;/;
&#4& E-/""((+ <1(-'/"" G< ;+(<< B&B &/,<:< <(<B; I A&;(++;4 :< (,/- ++D, <D<<"D+ D<(-<<'
, 1/<<(+ E-; </, <B;-% E(++ &;1 2
<<( &<B(-3 ,- ,/E(-% (-A/ -F &/, F(A& &(< F("4 &H ;D-
/-B;BE+ +//1&/+ G&;I # ,I -/B -B(;+I G+/, &; 1;<' (-A/ /;/ - F*F; AF(A&H %DH (,/- *-F
&;B;< - ,/-<B;< /E+ - B&;4 A <&//+4 (,/-:< F(" /< A& 1/+(A A&(-% -
+(-< (;B+I ";/, B& G;(B' - <1(B /" (B< (,1;<<(F /++' (-E(A< &(, "/; (--; ";/, F&(& 1/(-A A& A-<(/-
;< G&/ & ;B B&, G(B&/EB B(/- /" G;(B&< ! (<-:B <A;A< - -E; +A< D14 & "(+, F/;*< </ F++ D< (A ,/E<
(-";(-%(-% /1I;(%&B4& /B/; "(+, /EB %&/<B< - < + /;/ (- (;A(/-< H/D /-:A G1A4 &;:< &D,/D; 1A&/< - A&;
&(,<+" /E+-:B -, B&/E%& &(,<+" ,*< +; (B:< -/B &/;;/; *(++; 1;"/;,-<= DA (A:< A& G1+/;A(/- /" 1/1+:< A;D &;'
B&; ; /E1+ /" F;I E-<EB+ "(+, (B&;4 &(< G/-;"E++I -B;' A;< A&A <A(*< (- A& ,(- +/-% "A; A& ;(A< ;/++4 (<
;";-< B/ &(,4 B(-(-% /B&( /,- <&;< -A +(AA+ 1*% G1;A+H F;114 A:< -/A 1;"A DA /DA
&;:< ;"E++I ,+/;,B( </, <-<((+(B(< G(B& B& (;B/;:< ,-H E(F;< F(++ F-A A/ A* (A * "/; ;"D-4 !%
2- IB E++3 1;/+/%E G&-(B/;( ,/<B 1;</-+ 1;/)B< ! %!
B;"(+ %/< B/ (B- ,/-<' - ! ' # ! (B<
B;I (- <;& /" &; - (-<B ,// ;B I B& 1;B(E+; /& ( @.4.. 23
-/E-B;< ;/"<</; ;F;<@B& 4 +- /" ;* "(;I B+ - /B&(
:E +/<A /D-A /" A& -D,; /" 9+( /A& ;<-A<:
&; ; </, +E-*I &'&++E' (,%(-B(/- B&B &< /, &(< ,/E(< DA A& +A<A (< D(++;,/ ,//:< /
(-B(/- <-< (-F/+F(-% B& ;(%' <(%-BE;4 +(AA+ "(+, /DA ,- F&/ ;;(E< (- <,++ A/F-
(; G(; ,(<%-B(/- BG- +B&/E%& (+<B/- 1/;B;I< (; %;(E(-% "/; &(< G'+/E;4 &- </, +/+
! -
#' '# (- &/,< G(B& - <B/E-(-% ,(HBE; H/DA&< A - <A &(, & F+/,< A& A&/D%&A
"+4&;:< +E,<I (B(-% ,*(-% /" &;, ,- - FE+-;(+(BI /" A&4 &- A& A/F-<"/+* (</E; </,A&(-%
"/; - G*G; 1+/B "+/G4&;:< B& "(+, (< ,/<B "(-(B+I ",+' D-D<D+ /DA &(< +// (A &< A& 1/F; A/ &+4
G* <B/;I G(B& &*-I (+/%E ;(F- <(*/G<*:< +(*+ + &(< D-/-E-A(/-+ A+ +//*< %// - &< 1+-AH /" A,/<'
- </, F;I E-;B(- B(-%4 +-< (--/- E;(/<(BI - 1&; DA A& ;, /<-:A 5D(A %;(1 < (A ,(%&A &E4 DA ("
& HB;< ; 5E++I E-(,1;<' <B;-%B&= (B (< &/GF;
<<( H/D:; +//*(-% "/; +"A'"(+ A* /- 1/1D+; &/;;/; A;/1 H/D
<(F4&;:< - (-B;<B(-% ',(-EB &<B(- G&/ <B+< B& <&/G < B& ,(%&A "(- </,A&(-% A/ &F /- &;4 $ !%
1( /- 1/<B'1;/EB(/- /" <1(+ (-(B(++I /-B(- IB </,G&B
""B<= EB B& ,(- /- 7&(- <(-(<B; E(++4 < B& <B/;I E-"/+<
B& -<8 B >> ,(-EB< </,G&B <& +(F;< B& "(+,:< ,/<B ,,/;'
AD(/-+ @.4.. 23
+/-%; B&- B& "(+, (B<+" (< <(,1+I + ,/,-B< (-+E(-% (B< B;;("I(-%
"(+,(-% /" "(+,(-% <&/G(-% ;1B +(,H G&(& (< F(/+-B - H1+((B4 " H/D /-+H < /- ;(A(<& F;F/+"'F<A;- A&(<
B*< /" </, <-< G(B& -/ /,' E,1BE/E< +F(<& - H5E(<(B+I H; ,* (A A&(< /-4 <<D,(-% H/D - %A 1<A
,-B;I4&;:< /-+I </ ,E& /" B(+ B& G/;+ /" ! A& "A A&A (A F< 1+(-+H <&/A -/A (- A& ,1 -
1/(-B(-% ,; B "(+, ;G B&B ,-%< B/ <E;1<< F- B& /+/E;' ,(<;+ - A&A A& +;%+H ;(A(<& <A <A;D%'
/- - B*444 "E+ 1+BB< /" /%; /;,-:< %+ F(A& A& -A< A&- A&;:< 1+-AH A/ -)/H4
& /-+I -/B+ B&(-% /EB B&(< $# 20.?C3 - ;+I D-& /" <A;-%;< &/+ D1 (- %&/<A A/F- ;
"(+, ! 1;/EB /" B& "- ;B(/-< ,,; +<<(<4&;:< </,B&(-% A;;/;(< H <*(-F+*; A& <&1'<&("A(-% ,/-'
<A; /" A(E ,;(- +%-4 A:< A& (-A;1+H AF- A& &;'
E;(-% B& I;< G&- G< /""'(; 1;B/;I (- ++;+ ++ 1;B
A;< A&A ,*< (A F/;*4 &H </D- +(* /-'(,-<(/-+ <A/*
! (< B&B (B (-B;/E< B& ;(%(;:< &E-B &/E< 1;B ,E<E, /"
"(%D;< ,H<A;(/D< %D-<+(-%; %;-&/;- <&;("" <+//- ,,
E%&B; B B&;(%'BG;B E;(/<(B(< %(-B F/;(/E< (-<B
DA A& <;(1A - A(-% ; %// -/D%& A/ ;(-% A&, A/ +("4
G&/ +B; /,< &;B; (- B& ;/E&(-% (- B& <-/G G(B& B&
/A A&A A&H:; +(E "/; +/-% < A& <*(-F+*; ,*< <&/;A F/;*
/""((+ # 4 " /" /B&( B&;+ -
/" ,/<A /" A& <A (- </, %+"D++H %;D</, <-<4 &(< (-%
' !!%% +// ;E--(-% B&;/E%& (B< 1(1<4 +/F'D%A <AD"" A& (;A/; F(<+H /1A< A/ *1 A& ,/-<A; -
7&; ; 1;B< /" B& &/E< B&B A;-<"/;,A(/- <&/A< A/ ,(-(,D,4 // %/;H "D-4
!%
# ! # ; E-<"8 G;-< E(++ &;1

# E1/- (B&:< ;;(F+ - (B ;B(-+I
"+< B&B B& B&;B (< &((-% (-
F;I ;//, (B (< B& &/E< B&B (< B& AD(/-+ @0$4.. 2+D';H3 @0C4.. 23
! "(+,:< B;E ,/-<B; -/B B& %&/<B< /++H 2(%(+ ;(-%&,3 (< <ADH(-% A/ 1;'
#. 5#$$.%( $ (.( 48) B&B (-&(B (B4 ++;+ ++ ! /; < ,( F&- <& "++< "/; / 2(- ;;H3 <A(++ %;(E'
&#6./$ #35./ 2)-'' +$5".7, 2)4-'' +, G +;- +B; (- B& "(+, ;(,</- (-% "/; &(< %(;+";(- (- F&/ ( (- ; ;<&4
* ! <;F< (B< 1+ -HB B/ &- A& AF/ /" A&, %A (A /- A&H (</E; A&A
(B& E<&(-% 2 ( <(*/G<*3 -;+I (++ /E< - B& /E< (- ,H DA <&:< -/A %/- - A&;
- <1(;(-% %/B&( EB&/; (- ;+I /" <&;4 (- (< A& /;; /" A& H4 &(< ;(A(<& /(AH (<
DKB& -BE;I E""+/ G /;* ! !) &!' <&/A - (;A F(A& ;AH (-E-A(/- DA (A:< A/-++H
,B< ;/-B (; &/,< &;1 D-E- E;(-% AF- 1/(%--A ;D - <(++H4 ,%(-
2/, (+<B/-3 G&/ (< <*(-% # ! # <&/;- /" ++ F(A DA F(A& +/A< /" +// A(A< - <&%%(-%
- H/D:++ &E ;/D%& ( F&A H/D:; (- "/;4 !%
(-F<B,-B ";/, &; "B&;4 "B; ;
E<&(-% (< ,I<B;(/E<+I ,E;;

BB>
FFF4"/;A-A(,<4/,
&&&

)$'-!

(&$!
///&$' +"+!

)1 1$)( $'4&, ),(,
23O 7!571! H,!3 B52!H,.3+
A! &K1 M5K1 ,77!3 H5 H,!2
3 ,.B A!L.!M 5& 2O 550 ! 5A H,!.A &2.1O 5A '33.1 AK.3

O H, BHH!B =B M5K1 !B!3 K753 H,!2 5A
B553 B M!@A! 53! M.H, H,.B AA! B52! 5H,!A .BBH!A M5K1 5KA:
5775AHK3.HO H5 2!!H 57 !A!H 5 7!571! . .3 !! 7BB 53 H,!
B7O B.!3H.BH $ M,5@B 1B5 A!!- 1!HH!AB: 3 A!11 1A+! 3K2!AB
2B53% $ K&&!O HKA3B H5 'H.53:> 5& H,!2 !.3+ 7KB,! H,A5K+,
.ABH1O H 35 75.3H .3 ! 5 5KA 1!HH!A5N 5L!A H,! O!AB $
BHH! $ 5A !L!3 .271O $ H,H .,- M5AA.! 7!571! M5K1 3@H 035M
A ,5M!3+!A H H,! &5A!2!3- M,5 H5 .BHA.KH! H,!2 H5 B5 H,!O
H.53! B.!3H.BH .B B7O: !53 1O M5K1 7,5H557O H,!2 3 7KB,
H, &5115MB H,.B &1B! BHH!2!3H 53! H,A5K+, !, 1!HH!A5N 53
O H0.3+ ;K5HH.53 &A52 BHA!!H: ,.B M!3H 53 K3H.1 H 1!BH
! 5KH 5& 53H!NH H5 1!L! H,! 644* 8H,! 1BH 53! 3 A!2!2-
.27A!BB.53 H,H 7+!B J*I H5 JE* !A AA.L.3+ .3 ,5KB! MB
5& ! A! 1.HH1! 25A! H,3 B,A.3+ .3 . 1!B!N9:
'H.53: ""!&( ! !!"%!! 3OMO ($& BHA53+1O
8=5BH!3B.1O 35L!1> B BO9 .B !35KA+! 7!571! H5 .3 H,!B!
3 !3H.A!1O B!7AH! 7A5/!H $ 53! H.A!B52! 1!HH!AB KH .& H,!O M!A!
H,H@B 35H !L!3 '3.B,! O!H $ 3 +!3K.3!1O M5AA.! 5KH .BBH!A
5K1 35H 75BB.1O ! 53&KB! AB,.3+ 5M3 K753 H,!2 H,!3
M.H, ! O 3O A!B531! H,!O M!A! B0! H5 &5AMA H,!2
A! !A: ! .B 35H 7AH.11O H5 ($& H H,! M,.,
'H.531: N!7H &5A H,! LA.5KB M5K1 &K1'1 H,! A!;K.A!2!3H 5&
32!B H,H ,L! !!3 ,3+! 7BB.3+ H,! 1!HH!A 53 3 H,!3
8 52253 1.H!AAO !L.!9 H,! H,! M5K1 !BHA5O H,!2:
550 3 H,! 1H3H1O K353BH.- ./ EI 3(1B1'=3( B(*> %/ -1E $ $=1. B=*/ +E>B O ;K!BH.53 .B . 3OH,.3+
HKH.531 +3+-BH10.3+ 7,!352- 1EB>* E=(. 1/ 2! 1F . = DK2&6 A! &K1 ,77!3 H5 H,! 7!571!
!353 A5K3 M,., H,! 3AAH.L! & ,.' )! &+ ")*&' ! '"! ) !*' !&' *&' +.L!3 H,! HB0 5& !BHA5O.3+ H,!
A!L51L!B A! 6QQ 7!A !3H HAK!: !& . *&!*' '% ) )! )
!- !+ #,) ')" 1!HH!AB< 035M .H M5K1 ! .&-
),1 48 &'' +!" !& )& )! &". !*"! $ !& )! '+ !&) 'K1H H5 '3 H,.B 5KH: 1B5 H,.30
. )'%! "' ) *' .!*& "!') &''% 53! M5K1 3!! H5 !'3! =B52!-
H,.3+ > ,77!3.3+C M! 11
15B! 15L! 53!B KA.3+ 5KA 1.L!B
,1$&$18 ,$1 B.!3H.'11O .3L!BH.+H! H,! 64D4C 4Q**-((9
!BHO =5B!AL! '33.1 A.B!B 5KA 3OMO
,! 3.!3H &A2.3+ 23K1 HA .H.53 H,H 5M75N 7A5H!H! H,! 7A5H!H.53 &&5A ! 2.102. B 3 B!A.5KB .B!B!B BHA.0! 25BH
!"! L.B!B =KAO.3+ +.3BH B21175N:
!33!A ,!17! O H,! ;K.B.H.53 5& 5M 75NC 5& KB H B52! 75.3H H55: H@B .&-
2. !3@B 'ABH B3.HAO H5M!1 .3 H,! .3BH.+H! H,! 25 !A3 !A 5& .35K1H! ,.B M.&! 3 B53B M.H, 'K1H H5 1.30 H,.B M.H, !BHA5O.3+
'!1 M.11 BL! O5KA A57B> 1BB.- L.3!B: KH A! .H .B 1B5 K! H5 5M 75N 2H!A.1C 7A5L! H,H ,.3 1!HH!A: O! B52! B5AH 5&
1 5A3!A :,.B B5K3 B 5AB!H &A2!A 11! !3/2.3 7A5H!H.53 MB 7A5L. ! O ,L.3+ H.2! 1.2.H<
1.0! +A1! !,5 5& A.HK1B HA3B-
!BHO:
!BHO 35H! H,H 7A!L.5KB H,! B53B .35K1H! M.H, B211 75N
),( 1,)4+ $&--)(
&!AA.3+ O5K3+ +.A1@B K3KB! &!AH.1- .3&!H.53 M.H, 5M75N 7A5H!H! 3 !N75B.3+ H,!2 H5 B211 75NC .
.HO H5 H,! A57B: !! 1.P!H, ,.B 2.102. B M,!3 H,!O A! 3 KB! H,! H!,3.;K! .3 5H,!AB>:
O13 A!A@B &5A A!1H.L!B M.H, B21175N: 5 .3 ,% ,(,
!&&& !!% %!!, 6DD* $ JJ O!AB !&5A!
!33!A@B !)) &
(&8 )((1
( % & ! )%!" !N7!A.2!3HB $
!BHO .35K1H! ,.B 3 B.KA.3! B5.57H,O

8 5AH53 !M 5A0 JQ6I9:,.B M.&! 1.P!H, 3 ,.B HM5 O5K3+ @L! 5&H!3 M53 !A! .& O5KA -
!N!11!3H M5A0 !1B M.H, H,! &!A- B53B: ! KB! 1.P!H,@B 03.HH.3+
"$( &11,- 5K3H &A52 ,.3+&5A .3)K!3!
H.1.HO 5& O5K3+ +.A1B M,5 ,L! .! 3!! 1! H5 71! 5M75N 2H!- 0 .3 H,! 64DQB 3 64#QB 52
51O@B =+3+ 5& B;K.AA!1B>
K32AA.! 3 !52! 3+AO A.1 &A52 3!.+,5KA@B .3&!H! H,!A! MB 7A5+A22! .3 %% "", !B7!.11O
+,5BH1O B7.A.H 2. !3B H,.30 5& HH1! K3 !A H,!.A B0.3: 8
!BHO , 11! ($& M.H, BH,!A B 1A., +.3 .3 3 AH.1!
AAO 5HH!A@B!!1 3 H,! M.1.B 1A! O , 5M75N:9 !B7.H! !- 3HP!3 B H,! 2.3 7A!B!3H!A: 5KH ,5N!A .,!1 5A3 ,
5& H,! 11!H &: .3+ !N75B! H5 B!L!A1 5KHA!0B 3! 5& H,! 23O 53BK2!A- /KBH 2!3H.53! =HA.++!A-,77O
( )(- 5& B21175N $ H,! 5OB H 1!BH M!1&A!-A!1H! 27.+3B H,!O !A23 ,K3H!AB>
:
! )! +! 53! !1.!AH!1O O H,!.A &H,!A $ 25K3H! MB 3 HH!27H H5 3HA.+K.3+1O 53! !3"
51O 1H!A
H,!O . 3@H 53HAH H,! .B'+KA- 52H H,! ,K+! 3K2!A 5& ,.3 BK! KH,5A.H.!B &5A 53B7.A.3+
.3+ ! 1O .B!B!:
!BHO 1B5 1!HH!AB H,H M!A! A5K3 H H,! H5 53!1 H,H ,! MB &A52 AB
-18 ( )6+)7 .35K1H! B!L!A1 5H,!A 7!571!: H.2!: !571! M!A! B!3H 1!HH!A
:
B L. 21.3+ A!2A0B 5 22ABH!3 3 511!+K!B H,H B. .& H,!O . 3@H 57O .H 3 $", ),!
MA
!33!A 35H! 8% & (! &&! 7BB .H 53 H5 6QF6(FJQF,5M!L!A ) ' &)!&'&
CC@ .*
GGG6$1=B /B*. >61.
- BB =>
5 +,$&- 5KAB! 0!7H .3 A.3!: 52! 7KB KH .H MB H5 0.11 +A!OB B H,!O 5.3H2!3HB BB5.H! M.H, ,.1 -
M5K1 115M O5K H5 H0! .3 + 5& M!A! /KBH =HA!! AHB> 3 H,!A!&5A! .AH, 3 2. M.&!AO 3 2. M.L!B
! 5+-,H.3+ L!B ,.7B 8H,H@B !!7 &A.! 75HH5!B L!A2.3: B H,.B !L!A HAK!< 5KH A! HA .H.5311O BB5.H! M.H,
!1.!L! H,! !N713H.53 &5A &5A 5L!AB!B A! !AB9 B 153+ B O5K H,! A!MA 2!3 35H H,H +A!OB H,! H,!AM5A1 5& H,! &.A.!B: 3O
H,!B! .B H,H A53 .5N. ! 5K+,H 7.01! !++ 5A +,!A0.3 A! =HA!! AHB>: 51 5HH.B, .+,13 H1!B H!11 5&
!.3+ ,!L.!A H,3 A!H,1! H5 +5 M.H, H,!2: A!2!2!A 53! ( '$1" ,K23 !.3+ KBK11O 2. M.&!
.A +H,!AB .3 ,5115MB .3 H,! L! !.3+ B0! H5 +5 5KHB. ! 3 !H ' * '& 11! H5 HH!3 &.AO .AH, 5A 5&
)55A: 5+B 7AH.K1A1O B211 53!B B52! ,.7B H,H , 7KH L.3!+A 5H5A M,5 .B A5K+,H H5 3 .11
H0!3 .3 O H,!.A 5M3!AB M5K1 ! 53: ,!3 B0! M,O MB H51 &.AO: 52!,5M H,! 7!AB53 +!HB
&&!H! O H,! J KH 35H H11!A H,H .H MB =M!11 035M3 H,H L.3-
-4, '--! A57 5& B52! 1.;K. 5A 5.3H2!3H
,K23B: 3! !N7!A.2!3H M5K1 !+A M.11 20! 11 H,! !!A +5 )H>: ,! AH.1! 53 H,! KA.0 53- 53 53! 5& H,!.A !O!B: &H!A H,.B
! H5 H0! B211 5+ .3H5 53! 5& 3 !! H,.B B!!2! H5 ! +!3!A- B7.A.!B A!2.3 ! H,! 7!AB53 3 15B! H,!.A 35A21
H,! ? 5+-,H.3+@ L!B 85A B.3! 11O !7H! HAKH, B M.H3!BB! 2! 5& B52!H,.3+ B!!3 153+ +5 !O! 3 B!! &.AO13 H,A5K+, H,!
.H@B L! 3AO9 3 B!! .& .H 5H,!A 7!571! !.3+ B0! H5 1!L! !B.1O BHA3+! !35K+, H5 ! .3 B.3+1! !M.H,! !O!: BK11O H,!
&.3HB M,!3 M10.3+ KH A!L.L!B 7A!2.B!B &5A H,H A!B53 .3 B!L!A1 A!2:,.B MB 2!BB+! 75BH! &.A.!B A!HKA3 3 AK.3 H,! 2+.1
M,!3 7.0! K7: & 53! A!&K11O 7KB 53 .&&!A!3H 5B.53B:,.B .3 B!L!A1 71!B 53 3,HH3 !O!:
H,.B M5K1 .3L51L! 35 AK!1HO H5 5& 5KAB! MB H H.2! M,!3 7KB BHA!!HB O 2!H,5 B .3+!3.5KB 5!AH .A0 MA.H!B 5& = 523
5+ 5A .A : BH.11 , !!A !1.L!A! .3 M55 !3 B H,! 2!BB+! .HB!1& MB BKA : H0!3 5KH 5& ,!A ,.1 -! 3
,!,1 $1", AA!1B 3 11 H,! 7K27B M!A! ,! 1!HH!AB 5& H,! M5A B , !!3 ,L.3+ 1.L!.3+ .2+! 5& ,!A
& *')& ") 23K1: KH H,A5K+, A!H3+K1A BHA.7 BKBH.HKH! .3 ,!A A552 M,.,
&&)!&. H MB 35H K3H.1 H,! 1HH!A ,1& 5& B52! ,!LO AK!A 5A 71BH. A!B!213! !O@ O@ 3
5& H,! 64EQB &H!A H,! ?.3L!3H.53@ 2H!A.1 M,., H,!3 MB +1K! MB KA.@ KH H,! 7!AB53 BH51!3
5& H,! ?715K+,23@B 1K3,@ H,H 53H5 H,! A5 3!A H,! KA:,5B! A!HKA3.3+ H5 ,!A ,KB3 &H!A HM5
11% $( )41 BM 7.01! 53.53B !.3+ B!AL! .3 M5A B A! =5O3!! . ! .3 O!AB B7!:>,! M523 !1A!B
,!1
5,3B53 B! 8 .33!- 7KB: & 5KAB! O H,!3 25BH 7KB KA.0 '12 JQQ6$$A!BKAA!H ! H,H B,! =7!A!.L@ 1.HH1! M,H H,!O
B5H 64D4 $ 9 MB 5L!A! M!A! +!HH.3+ H,!.A !!A !1.L!A! 53 713!H
K7.H!A:> ,O MBH! . .3 H,! B7.5KB ,5KB B,! 15 +@
O ,.1.7 1BB .3 ,.B & ( .3 2!H1 0!+B 3 H,! 7K27B M!A! BK, 3 .3+!3.5KB 2!H,5 53 .3C K3H.11 B,! 335O3H! 53! 5& ,!A
) * 8A52!H,!KB ?+B 57!AH! @ M,., 1! H5 15H B.11O 2!BB+!< ,O 35H .3BH! O!B M.H, !AH.3 K3H.53! H,H
550B 64#I ,7:*9: 1BB 5!B3@H 5& 51 !A A.30!AB 5271.3.3+ H,H B52!H,.3+ 1.0! =!MA! H,!O A! MB O ,!A M,., H,!O 7!A!.L-
53B. !A H,! 75BB..1.HO 5& H.2! ?H,!2 3!M +BBO !!AB /KBH 53@H 253+ KB>< .3+ H5 ,L! ;K.3H! ,!A M.H,
B1.7 !L!3 .& ,! , ,!A 5& BK, HBH! A.+,H@: B0! 2O 4Q-O!A-51 $", ),1, H,!.A H.53B H,!O &33@ ,!A 1.3
53!7H: 5M!L!A ,! 5!B 20! B.BH!A M,5 , M5A0! .3 7K .& +& !!&! 5& H,H O! M.H, 7K&& 5& H,!.A
53L.3.3+ B! &5A H,! = B,! , ,!A 5& H,.B: ,! B. H,H A!H,C B,! &5K3 H,! 71! &K11
HH0> !.3+ ,5N $ H,5K+, M,H .H MB 35H B52!H,.3+ B,! MB MA! 5& 1.+,H M.H,5KH 3.! &5K3H.3 5A

5,3B53@B 25H.L! 5K1 75BB.1O 5& KH H,!3 M,!3 B,! M5A0! .3
,$++$(! 6$1"- 27 &A52 M!3 .H . B7A.3+:>
,L! !!3 .B 35H !N71.3! : H,! 7K .H MB = KA.3+ AH.53.3+ A! M.H, +A!H .3H!A!BH .253 !A! M! 1!A1O ,L! 3 ?K3-
15 1- 3 H,! 531O &55 M! . MB .& 3 5K3+@B A!75AH 53 A.77.3+ .H,!B H.53 5A 5.3H2!3H@ BB5.H! M.H,
& )! & 5&'!A H!1!7,53! 3 5A !A! 3 H,!.A ,11K.35+!3. 5.3H2!3HB ,.1 .AH, H,H 1B5 ;K.3HB KB
,!!B! 53 H5BH &5A 1K3,H.2! : MB A!2.3 ! 5& M.H, H,! H.53B 5& H,! &.A.!B: .A0
3!L!A .3 H,! !L!3.3+>: 3 .3HA.+K.3+ 7BB+! .3 H,! !L 2!3H.53B 5H,!A 5.3H2!3HB M,.,
$(!, ( ,& & 5!AH .A0@B %( ! 2.+,H =20! H,.3+B 77!A H
! H,! 33.3+ 5& L.3!+A .3 A!1 s 5 ,3+! H,! BK/!H B ,.1 ! +(C H,! 'ABH ?B.!3H.'@ LBH .BH3!> 5A B!3 53! .3H5
1! 7KB OH,,B!A .3 H,! !A1O 64(QB A!2!2!A .3L!BH.+H.53 5& &.AO 7,!352!3 HA3!:,.B .B 1!A .3 .-
M,!3 BHAH! 8K3 !A+!9 A.30- !.3+ H51 H,H .& O5K 0.11! +A!O M,!A! H,! 6DH, !3HKAO 5HH.B, H.53 H,H .A0 MB MA! 5& BK,
.3+ .3 7KB .3 H,! !A1O 64EQB A B;K.AA!1 O5K B,5K1 KH 5&& .HB H.1 2.3.BH!A H!11B KB H,H =M.H,!B 2.3 -1H!A.3+ BKBH3!B 3
B30B M!A! 1.2.H! 71.3 A.B7B 3 H0! .H H5 751.! BHH.53 3 ,L! B1!!7.! 5.3H2!3H H,H M,!3 H,H H,!O M!A! BB5.H! M.H, H,!
M.H, 1K! 77!A HM.BH 5& B1HC H,!O M5K1 +.L! O5K 53! B,.11.3+ 771O HA5K1!B H,!.A &3HB.! &.A.!B: H B,5K1 ! A!2!2!A!
+B 5& B1H! 7!3KHBC AA5MA55H 3 B.N7!3! 8D:(79 &5A .H:,.B L3.3+ .H H5 ,L! K3KBK1 H,H .3 7A!-25 !A3 H.2!B 3OH,.3+
.BK.HBC 3 7.01! !++B 3 MB 5273.! M.H, BHA53+ '+KA!B 3 B,7!B A!7A!B!3H! H5 H,H MB M!.A .3!N71.1! 3
+,!A0.3B $ 5H, 5& M,., M!A! 5& MA3.3+ 35H H5 0.11 A! B;K.AA!1B .H B .& .H M!A! 'H 5& 3H..B2 .3 7AH.K1A 2+.1 M5K1 !
O7A553 A.0 !13,511O 5A BB5.H! M.H, H,! &.A.!B 3
75BB!BB.53 5& B52! .3B.3KH.3+ H,.B M5K1 .31K ! ,11K.3H5AO 5A
7.A.HC A.B.3+ H,! 5K1 !O53 .HB 7BO,! !1. BHH!B:
!33O 3 1!B
52253 HA.3:> 5A .A0 H,!B! MA.H!B 5KH !.3+ =MO M.H, H,!
5.3H2!3HB .3 K! 0.3 5& L51K3- &.A.!B> .3 533!H.53 M.H, M,H
HAO !53 .+,H 8B .BH.3H &A52 B,! H!A2B =H,! P &H5A> 1B5 .3
+!3!H. !53 .+,H9 !31.3+ H,.B .BBK! :
7!571! H5 B!! H,! &.A.!B:,H H,! 35H,!A 2.3.BH!A !L A
5.3H2!3H MB ?B1!!7.!@ .3 .H!B HA.0 A,2 .3 & (&
H,H .H 2O ,L! !!3 3 57.H! 5A &%"(* ! ( ()%&#) & %,
HAK! 3A5H.: ! %(&% ,B B1.+,H1O .&&!A-
5A .3+ H5 .A0 .H MB 35H !3H L!AB.53 5& H,.B H1!: ! H!11B
/KBH M.H,!B M,5 03!M 5KH BK, KB H,H H,! M523 1!A3! ,5M H5
E- I-1=
2.3 -1H!A.3+ 5.3H2!3HB:,!A! A! 20! H,! 2+.1 75H.53 &A52 H,!
23O &51015A. 5K3HB 5& BK, &.A.!B H,!2B!1L!B 3 ,! HA!B
.3 CC@
GGG6$1=B /B*. >61.
- BB =>
035M1! +! 5& H,!B! BKBH3!B M,5 1! 3 '33! H,! +3+
0 H5 H,! AK. B: 3 ,.B %, )' && H,H ,! 5K1 7!HA.&O 5 .!B 3
%(! %( !M.B 7!3! H,!O .31K ! ,.2 .3 H,!.A 715HB:
8M,5B! . .5BO3AH. 751.H.B A! ,! +3+ B.1! H5 53 53 M.H,
!N715A! .3 9 H!11B KB H,! .3H!3H.53 5& KH.3+ H,!
35H,!A &.AO 5.3H2!3H H1! H,H 5 O 5& H,! .3&25KB 2!A.3
.31K !B A!&!A!3! H5 3 3H. 5H! HA.H5A !3! .H A351 &A52 .HB
H5 H,! 5.3H2!3H@B !3,3H2!3HB: 3+1.B, +AL!: ,!O &5K3 H,!
+.3 .H &!HKA!B 2. M.&! M,5 151 5.!B H55 M!11 .3&5A2!
.B HA.0! .3H5 !3H!A.3+ &.AO13 3 BKB7..5KB 5& H,! +3+ B5 H,!O
O B,7!-B,.&H.3+ &.AO 1 :,!B! B71.H K7 &H!A B!L!A1 M!!0B@ HAO.3+
BH5A.!B ,.+,1.+,H H,! !1.!& H,H H5 +!H H H,! KA.1 715H: !AH.3
!AH.3 BKBH3!B 035M3 5KH A O! 5A O!A MB 53! 5& H,!
&5A !3HKA.!B 5K1 HA3B75AH 53! +3+ 3 ,! 5273.! 1
H5 &.AO13 5A &.1.HH! !53 H5 A!!3 B1! 35AH, 5& !1&BH .3
.+,H 3 BK++!BH H,H 3H. 5H!B O 6#DE: ,! 'ABH 713 MB H5
H5 H,!.A 7BO,5HA57. !&&!HB M!A! BH!1 BHHK! 5& H HA.0 3
1B5 035M3: KAO .H 53 H,! 7A57!AHO 5& A1 5&
KH M,O H,.B 1.30 !HM!!3 !.HA.2 1H!A H5 .+ K7 3 7BB
2. M.L!B 3 7BO,5H.L! 5&& B =H,! HAK! H HA.0>: KH
BKBH3!B< !11 .H .B M!11 035M3 1 57H! .3BH! H5 AL! 6J&H
H,H !NHAHB &A52 H,! &K3+KB !A+5H J.3 8I:D29 -H11 '+KA! M.H, 23O
M,., +A5MB 53 AO! 3 5H,!A . E31/ B(*> 1.3- B -I >3( =*- 3* 1$ $1. B B( >* 1$ B.2.1A.H.!B H5 H,! A .&& .3H
+A.3B , !!3 KB! O 2. M.L!B >B= . */ =B(>(*= $B = >3B 6 (F / F = > / $1. $1=. B 53! 3 B!! O 7KHH.3+ 7,5H5B
&5A !3HKA.!B H5 B7!! K7 53HA- 3 =$ B / >B- >3( = $1= 6 GB( *B $1= >1. .*/EB > / *B 5& H,! HM5 B. ! O B. !: 1
H.53B .3 ,.1 .AH, K3H.1 H 1!BH H,! */8 =1-I /1B# 1.2! H,H ,! H,!3 1!&H A!13
64H, !3HKAO K3H.1 .HB B. !-!&&!HB &5$( ),8 . .3
K3! 3 1!&H O!A 3 35H,!A
M!A! !!2! H55 3+!A5KB &5A 5271.! 32! 5A H5 AAO
2! ..31 KB!: H .B 1B5 M!11 035M3 53 M.H, H,! &0! .B5L!AO 5& H,!
H,H !A+5H 53H.3B 1OB!A+. . s L!AO
K3+.3 5.3. !3! &5A +!3!B.B: +.3H H H,! &A2 5& 7. 7HBO
&A52 M,., H,! M.BB ,!2.BH O5K .3 5KH JQQJ MB 7A5- ,! A.B, .3H , !!3 32! 51!23: ,! 7.A 1.2!
1!AH 5&&233 'ABH BO3H,!B.B! +A22.3+ 1B, +2! &5A H,! !N,..H! .3 .L!A7551 3 H,! ,5N MB H,! 7!HA.'! 5 O
H,! 75M!A&K1 ,11K.35+!3 5AM!+.3 A5 BH.3+ 5A75A- 3,!BH!A 7A.5A H5 !52.3+ H,! 5& 1!+!3 AO .33 5K1 H,!
.3 64I# M,.1BH A!B!A,.3+ !A+5H@B H.53 M,., .3L51L! )O.3+ A5K3 .3 25BH KA.5KB .H!2 5& A.1MO 1!&H KB!MO .3H ,A+.3+ B.N-
B7!.'11O ?353-KH!A5H53.@ 2!- ,!1.57H!A 3 H,A5M.3+ BHK&& H 1K+++!: !&5A! H,H ,! , !!3 7!3! L.!M H5 M,H 77!A H5 !
..31 7A57!AH.!B: HA+!HB 53 H,! +A5K3 8 M.11 B7A! !N,..H! .3 K1.3 3 !L!3 !A- 1A+! 3 KA.5KB A5M B !&5A!
5A! 53 5!AH .A0 H,! &.A.!B O5K H,! !H.1B9: MB MA.H.3+ K7 1.!A .3 5K3HO 3HA.2 M,!A! ,! A5BB.3+ H5 3+13 :
3 1H!A! BHH!B 253+BH 5H,!A H,! .3BHAKH.53B &5A H,! +2! 3 MB H,! B!3BH.53 035M3 B =H,! 0 .3 2!A. 1 &!11 5KH
H,.3+B 3 ! &5K3 .3 2O B!1&- , /KBH A!,! H,! 1.3! =5K KB!MO .3H>: .B A!H5A MB M.H, ,.B &!22! &H1! 5L!A 253!O
7K1.B,! 550
(! 8JQ6Q9 +!H 2.3KB 75.3HB &5A AKB,.3+ 3 H1.3 2!A.3 .22.+A3H B H,! +3+ M!A! 7133.3+ H5
8B!! ,HH7FFMMM:35A23B,M:5:K0F B!+K11>: 8=AKB,.3+ B!+K11> .B 11! K.B!77! A..5 1 A!BKAA!H H,! 5 O 5& 1!N3 !A
3!2!H53:,H21 BHK7. 7K3 .3 5AM!+.3 3 M.11 23 M,5B! 5KHA+!5KB A!!A .3 H!MAH A!!3H1O !!B!
, ),'( "6 B7A! O5K H,! !H.1B 5& H,H H55: ,5N.3+ 7!HA.'H.53B M5K1 B73 !M 5A0 A!H.1 BH5A! 2+3H!:
.! &)'& !+K11B &!HKA! 7A52.3!3H1O .3 H,A!! 53H.3!3HB 3 25A! H,3 H!MAH@B 5 O MB BH51!3 .3 1H!
H,! +2! 3 M!A! 5& 5KAB! 35H JQ O!AB: 6#DE O 7!AB53B K3035M3 3
1!+.H.2H! HA+!H:9 H H,! !NH 0 .3 6#E4 .KB!77! 1 3!L!A A!HKA3! 1H,5K+, 751.!
!4&&- 252!3H '3.B,! H,! B!3H!3! MB 53! 5& H,! HM5 2!3 !3++! .BA! .H! 1@B 1H!A KB-
H 2O ! .H 1H! H5 A!B753 B!+K11 13 ! 53 2O 153O:,.B O !5A+! K11 H5 AL! 353! 5H,- H.53B 5KH H,! +3+:
H5 H,! .H!2 ?!+K11 OBH!AO@ .B H,! ! , H.2! .3 6# O!AB H,.B ,B !A H,3 H,! A .&& .3H 1@B HA.1 5& ,5N!B M!L!
KH ,!0 H.2! .B /KBH ,77!3! : H O5KA ,!AH 5KH A1 7!HA.'! 23 !BA.! B A5BB H,! 3.H! HH!B KH .3
3 .11KB.53 3OMO:
KBH 5KHB. ! 2O KBHL::: =2!A.@B +A!H!BH ,5N>: 1 6##4 ,! 13 ! .3 KBHA1.: ,!A!
M.3 5M .B 1A+! 1M3 BKAA5K3 ! $&- ,$% ,( 53&!BB! .3 !AKAO 6#DQ +5.3+ ,! AL! 53! 5& ,.B '31 ,5N!B
O 7AH2!3H 150B 53 11 B. !B:
'! !&,. O H,! 32! 5& !3AO 11!: ! 32! H,! = A1! 3 5&
A52 H.2! H5 H.2! 1A+! )50B 5& B553 57H! H,! 25 KB 57!A3 . A3+!> &H!A H,! H5M3B,.7 M,!A!
B!+K11B 53+A!+H! H,!A! H 3.+,H H,H K11 !2715O! H5 7BB 5&& H,! ,! 57!AH! ;KAAO 3 1.2!
/KBH B .3 ,.1.7 .1H53@B A!75AH:
" +1,$ !$(1 A .&& .3H KA.3+ ,5N 5& ,.B H,! .B5L!AO: 5A H.2! .3 O
@L! 3!L!A H,5K+,H 5KH H,.B B 52! H.2! +5 H,!A! MB 5AA!- 5M3 .3 !M 27B,.A! KH H,! 3
K3! 5& H,H O!A 1@B
7AH.K1A1O 2OBH!A.5KB $ @2 B753 !3! 5KH H,! &H! 5& ?H- !3H!A7A.B! MB BM.&H1O AK21! O A1! 3 MB H,! B!3BH.53 5&
5K3HAO 5O 3 M!11 KB! H5 A.0@ H,! A.B, .3H H,! KH,5A.H.!B: O 3!O 3 MB H,! BK/!H 5&
3.21B 5.3+ BHA3+! H,.3+B $ 3 : 5.3 .2253B MB 0!!3 3 !A1O 6#DE 1 &!11 .3 M.H, ;K!BH.53 H.2! .3 H,! 5153O@B !+-
3!L!A H550 3O 35H.! 5& !NH1O H5 '3 3O !H.1B 5& H,H '+KA!@B +3+ &A52 A5O !M 5A0 HH!: .B1H.L! BB!21O 1H!A A!75AH!
M,!3 H,.B ,77!3B: O +K!BB .B ,.BH5AOC KH H,! A!75AH 5& H,! A.B, ,! +3+ B,!2! H5 ?A!BKAA!H@ .3 H,! 53 53 & .3 K+KBH 5&
H,H B52!H,.3+ 8.3B!HB +AKB 5A .3H@B K3!A!253.5KB '11.3+ 5& 5 .!B 5& H,! A., 3 &25KB 3 H,H O!A:
M5A2B9 52!B 5KH 5& H,! +A5K3 H5 52 AH!A A!1H! O !B253 ,51 H,!2 H5 A3B52: 1 , ,% (9$
! !H!3 O H,! .A B: 50,2 .B 35MH B5 ;K!!A B ,.B 53L.3! H,! 2OBH!A.5KB M523 . . *')&
CC@ .2
GGG6$1=B /B*. >61.
"
"
"

#" "

"
" #"
"
(1* 1$ $*'(B*/' G*B( B( . 1= */' >(1B6 B

1/ B*. ( ( B1 *' (*> 1G/ '=F 6 ( /
=./I BB, E>>* ( G> $1=
*/B1 ; >B=EB*1/ BB-*1/>*/>6 B1- 1$ (*-= / */' ( - I
B( *= $ B / >.>( */B1 E*-*/'> E/B*-
/1B(*/' = .*/ 6 1. / =3 / =E*$*
1/ B= > / - $B $1= G1-F >6 1. / (F*/'
B( *= * > =*33 1EB 1$ B( .6 B G> B ==*-
B1 -*>B / B16 *, .1>B 1$ B( >B1/*/> (
./' B1 >3 B(*> =/' / B( /
$1E'(B $1= B( =./> B /*/'= .1/'
./I 1B( = 3- > E/B*- ( G> - B1
>E== / = B1 B( . =*/> B B( / 1$ B(
G=6 *B(*/ G , 1$ B(*> B-, ( G>
420@D5 / $1= DK I => '1B 1/ G*B( .I -*$ 6
( / */ 200D .I .1B( = = *F - BB = $=1.
B( =1>> " .I $B( =<> >E=F*F*/' = -B*F >
*/ >B1/* ( 1/BB E>6 G /B 1F = */

E/ 200D / G = '*F / 'E* B1E= 1$ B(
1E/B=I / >*B > 1// B G*B( .I $B( =<>
$.*-I6 / 1$ B( >*B > G> EB*$E--I
B / '=F I= G( = >1. 1$ .I = -B*F >
G = E=* 6
# " $

" #" * B1 '1 H3-1=*/' / B( = G>
/1B( = 3=B B1 B(*> . B =I B1B--I *$$ = /B
, */ 200! G( / G> > F / 1= *'(B

" > *B G> $E-- 1$ =1, / '=F >B1/ > G*B(
I => 1- .I $.*-I / -*F */ *B1=*/ BG*>B B= > '=1G*/' B(=1E'( B( .6 *B 1$
E*-*/' -- B( - B1=I */ -BG --
#" $
.. = 1==1= -/>3 6 B(1E'(B *B .*'(B
1=$1-,6 B B( B*. *B ( / 1/F =B */B1 3=1F* >1. */B = >B*/' 3(1B1> $1= .I G1=,
( 3 $-B> -B(1E'( -* F *B (> >*/ # "

$
>1 > B B1 1.31>*/' >(1B6 > -11,
/ = $E=*>( 6 ( / -*F*/' B( = B(=1E'( B( F* G$*/ = .*>BI =*/ >B=B B1
+E>B >(I 1$ I = / G> >- 3 1/ B( "# " $*-B = B(=1E'( B( B= >6 B ( / =*--*/B-I
B13 1$ E/, B(B >(= G*B( .I 1- = >E//I / B(1E'(B ;BI3*-<6 B B11, .
>*>B =6 (F -GI> / F =I ( FI >- 3 = 1E3- 1$ > 1/> B1 = -*> B(B B(*> =*/
/ B(*> /*'(B G> /1 *$$ = /B EB $1E/ 1= G,*/' = .6 . >E= < / F = > / B( ( BE--I $1=. >*-F =I .>> 1E3-
.I> -$ G,*/' >E /-I G*B( $ -*/' B(B ./ $1= ? ( G> */ (*> .*)DK> G =*/' 1$ (E/= I=> GI6 B B( / >B=B .1F*/'
>1. 1/ G> */ B( =11.6 >B E3=*'(B / 3*/>B=*3 >E*B EB G*B( E/E>E--I E/B*I (*= =1>> B( '=1E/ B1G=> . 6 1G =*/' B(
-11, ( B E*-B)*/ G==1 B B( / 1/>* =*/' (1G G -- = >> ( 33 = . = GB( > B(*> >*-F = =*F = $-1G
1$ B( =11. +E>B > ./ G-, B(=1E'( *B B1 6 F /I 1B( = = => ( >B=/' B1G=> . 6 B 3=1-I B11, 1EB 2K > 1/>
3>B G( = .I >*>B = / G = / *= B-I H3 =* / > = -B*/' B1 B(*> E*-*/' 1= B( $1= B( >*-F = .*>B B1 = ( . / .* .I
B(=1E'( B( -1> 11= 1/ B( - $B)(/ F*--' 1$ -BG --8 =*>*/' 3/* = -*> B( =*/ G> */ $B
>* 6 (*> -- (33 / F =I 7E*,-I / G> $"& ,-)( >B= . 1$ >*-F = ==1G> $-1G*/' =1E/ . 4$E--I
>1 >(1, / >= B(B $1E/ .I> -$ *&. )% * ' *! $- B( / >(=356 B G> -*, */' */ B(
E/- B1 =I 1EB E/B*- ( = 33 = G-,*/' .*- 1$ -/'E* >-1G).1F*/' >B= . /1B
B(=1E'( B( 11= *= B-I B E> 4EB > B(1E'( #
$ 1$ GB = EB 1$ ==1G>6 $B = $ G > 1/>
G G = / G(1
B( E/, B 3*--1G ( *'(B6 = . . = . B( =B*>B (*/ B( 1=*'*/- I(G11 1E- > .1F*/' 1EB */ B( >E/-*'(B $ G
F =I F*F*-I > */' B( B13 1$ B( ./<> ( =BG1=, */-E*/' B( ;1'1-*/< = - ->6 (E/= I=> GI6 '*/*/' .I 1.31>E=
*/ .I 3*--1G = -*> B(B ( .E>B G-,*/' I $B( = G> 1=/ */ >B1/* / $1E'(B B -11, 1F = '*/ B1 G( = B(*> ==1G =*F =
B(=1E'( .I >*>B =<> ( / '/ >= .*/' B( >* ' 1$ /*/'= / B( >E> 7E /B ( ./B $=1.6 B ( F/*>( EB >
(I>B =*--I6 I >*>B = *F 1EB 1$ / .E= =1E> BB- > > B( =./> = B= B -11, *B >B=B B1 $1=. '*/ / B1 $-1G
(*B B( -*'(B >G*B( B G(*( 31*/B F =IB(*/' G >BG= $=1. =F6 ,/ G B(*> ,'=1E/ B1G=> . 6 (*> B*. .I 1E=' $*- .
= BE=/ B1 /1=.-6 = . . = */' > '= G E3 */ .I B />6 G* 3= >> (*. / G> 1EB 1$ B( = #
3(I>*--I G= 1$ ,*/ 1$ . /B- >/3 B $1= .1= B*->6 ( $*=>B B*. G> B1- */ (B F /*/' = -B .I H3 =* / /
B( 31*/B *B -- / 6 BE=--I .I 3= /B> /1 =B*/ B =.> +& B1 >, (*. 1EB *B6 .I E/B B1- . B(B *B G>
G*>( . B =I
=/ */ B1 1.$1=B . 6 4 I .1B( = ( ./I 1E3- 1$ I => -B = ( . F =I *-- / B(B ( / > =B E=*/' B( G= I
H3 =* / > 1$ >*.*-= F /B> > (*- / *B G> 1F*1E> ( (/>*/ / =./ B=113>6 ( G /B 1/ B1
G> B( = $1= 7E*B >I.3B( B*65 .1F B11, (*. $1= =*/,6 F = 3*/B 3= >> (*. = -B B( *= = $E- H3 =* / >6 B *> .J*/'
/1B -1/' $B =G=>6 '*/6 *B(*/ .*/EB -- 1E- B(*/, G> B(B /I1I >E=F*F B(B G= */ B( >B6
(*> F /B (> >BI G*B( . F = >*/ 9(=*>B G(B (F 1/ 8: ( / .I E/B ( $*/*>( >( BE=/ B1 B(
/ $*/ .I> -$ '1*/' B(=1E'( 3(> > 1$ =* $-I ( ( / */ B( >B1/*/ =.I G1./ G(1 ( B > 1E= */B =3= B = /
=B*/BI B(B < > / '(1>B B1 7E >B*1/*/' B( I ( / 1F ==E/ I B( E>>*/> B >, ( = B1 B -- E> B( >B1=I 1$ ( = .1B( =6
G( B( = ( BE--I >E$$ = ;/*'(B B ==1=< B( >B=B 1$ B( G= / ( ( / '*F / (*> *> .I $*/- >B=/' >B1=I6 = $B( = -*,
. CC@
GGG6$1=B /B*. >61.
* -!) &(% ,"% & (( -!) !( ," $
% +-& (%&( % ! ! * (& !)%% &#

,0#
(. "$'+"+!(&$!
% "!&( -!)% && ! ( ++%))$'-!&$'+"+!(&$!#
.*/ ( $1E'(B B /*/'= / G( / B( G> >B*-- 3E= / E/B1E( 6 ( 3 13- '1B 1EB >*H I => 1- / >BI*/' 1F =/*'(B G*B(
=./> G = 3E>( , 1/ 1$ B( *= ./I F =IB(*/' B( I / $=1. B( -/ / .I E/B / '=/3= /B>6 ( I ( BG1)
>B/> G> B 3- -- */*. 1/ B( G = (33I666 =11. (1E> >1 >(= .I E/B<> 6
=F $=1/B6 B *> ,/1G/ */ >B1/* > B( ;-E E /-I G> ='' , B1 = -*BI G( / ( )( G> 1/ B( >. G-- > B(
*-->< / */ > F / .1/B(> 1$ $*'(B*/' DKKKKK . . = 1$ 1E= B1E= '=1E3 . E3 (*/ 11= G(*( G> -GI> - $B >-*'(B-I += G*B(
>1-* => * 6 E=*/' B(*> BB- ( = .1B( = . / >B=B I33*/' 1EB 9(1G 11- *> B( B( -/*/' -*'(B - $B 1/6 (*> = B 3B(
( 3= .1/*B*1/ B(B >1. B(*/' B ==*- H(**B8: I F*>*1/ $ GI EB $1= =* $ 1$ -*'(B 1/ B( G-- / *--E.*/B B( =11.
( (33 / B1 ( = (E>/6 (*> $ -*/' .1. /B *B > . >1 F =I = - > *$ G = -*BB- 6
3 =>*>B $1= G ,> / >( $1E/ ( => -$ = --I B( = 6 B G> B*. B1 - F EB $1= G1, 1/ B(*> 1>*1/ -I*/' 1/ .I >*
> BB*/' 1$$ */ > =( 1$ (*.6 '1B E3 $=1. B( /( /1B* B(B / HB B1 $*/' B( -*B = 1/ B( G-- B1 > G(B
-,*/' $1= I> >( F /BE--I . . 1/ B( /( G> $-I = G*B( 3=*/B 3 = *F B1 B( >(1G 1$ * ==1B >BI-
=1>> B( BB- $* - 1$ */*. 6 1.*/' B=/>-B*1/ 1$ B( >1/' B(B 3-I 6 ( >1/' -1G/ " B( >1=B B(B G => 31*/BI (B6
=1>> G1=, => 1-- B*/' B( 1/ =B> >* B(B 9G G*-- -- . B '*/: '=/$B( => G> B-- E/.1F*/' / $ -B = - EB F /
1/ 1$ B( . >G ( = / H-*. 9 I = '=/.1B( => =1B( => >*>B => 9G G*-- -- B B(B ' ,/ G (*. B1 >(1G B(B
G(B = I1E 1*/' ( = 8: ( B1- (*. 1$ ( = . B '*/6: >( B = $1= G1=- B(B G> >(1E-/B -1/' '1 / -.1>B $1='1BB /6 (F = 3(1/ 1G/>B*=> */ B( (-- >1 >= . $1=
= ( */B1 (*> 31, B / 3E-- 1EB ( = 1$ >(./*>. / (1G B( =(IB(.* B 1$ ( =6 ( *B( = (1> B1 *'/1= . 4E/-*, -I5 "
(E>/<> G */' =*/'6 =E. / ., 3 =>1/<> .*/ (* F 1= G>/= .*/' -1E-I /1E'( 4B(
9 >* I1E G1E- 1. $1= B(*>6: =B*/ >BB G( = B( I / 3 =(3> > */B1 >(1G ./ -1, .I >= .>856 B<> -1/'
33= /B-I ( ( 1. =1>> ( = (E>/ /1B( = = -*BI6 <-- / F = = --I ,/1G > *B B*. '1 EB B(*/, B(B +E>B -1> .I I >
$B--I G1E/ / */ (*> B( B(=1 > ( . .1=I $=1. 3>B -*$ 8 > F*>*B I .I / (13 $1= B( >B6 (*> H3 =* / *> >B*--
/ ./B (*> G*$ G1E- 1. 6 .1/' / >B1=>8 = G> *B >1. >1=B 1$ = .8 B F =I F*F* */ .I .*/<> I ? / = -- (*. >
-- B(1> >( G> - B1 >I ( = $*/- 1 >/
'11I 6 > . = -6 B(B *> G(B ,/ G 1EB " EB 1B( = * /B*B* >
= $B( = / .*/ G = +E>B BG1 B(= > )- $14- $*B +E>B > G --6
*/ F>B B3 >B=I 1$ -11 / (1==1= B(B G> !+& ''*'))' ((8 4!"
B( >B =/ =1/B6 1= .I> -$ G*-- / F = $1=' B .
G(B >G */ B(
G*>( . B =I6 " #
,! #

"
. , */ 20!& BG1 $=* /> / ( >E.. =
+1 */ =.=B( />(*= >1EB()G >B - > / =, G*/B = F /*/' */ B( -B 20@K>
#"
"

G1=,*/' > >E- -1E= */ / * = . G> G-,*/' / = (. >B- .*)2!B(
$B1=I6 / F /*/' > G G = 1.*/' (1. /BE=I $1--I 1F B( G( / */ $=1/B 1$
I $B( = G(1 (> -1/' >*/ 3>> GI $=1. B( 3E $B = *B 1$ -1,)*/ G ( = -*/ 1$ B= > >G >1. B(*/' / 1/-I
-GI> -1F B1 B -- . B(B . 93=B /*/: >1. 1/ =E//*/' $B = E> E3 B( 1E/B=I =16 >=* > -11,*/' -*, >B/*/' >B1/
1/ (*> >* 1$ B( $.*-I6 G1E- >I *B G> > G BE=/ B1 > G(1 *B .*'(B ./ 1EB 2K B1 2D$B 4C)C6&.5 (*'(6 B G> .*-,I)
9>1. B=* $=1. E3 1=B(: .I / = >> /B*= -I */ -, 4B=1E> => / =1-- '= I 1-1E= > .*/'-I B=/>3= /B -B(1E'(
-B(1E'( ( G> /1B >E= 6 $B = ( * / , >G B =5 / ==I*/' =* $> G /B *B 33 = -, > B '*/>B B( *>B/B
>, $.*-I . . => / B( I */ 3=1-I B( -*'(B> 1$ B( *BI6 B G> '-**/' >.11B(-I */
G(*( B=* G = >E331> B1 = -B *-, =I ./ > ( *>33 = =1E/ B( $=1/B 1$ B( B= > =*'(B B1 - $B B1G=> (.
B1 *B( =? EB <F -GI> / */B = >B / ( 1$ E>6 B(*/, G G = -- -*BB- >B- 6 .E>B (F GB( *B $1= 1EB
*/ B*F . =*/ E-BE= 3=1-I $1= B(B *B >311, I B( $B B(B ( = G> ./ .*/EB $1= *B *>33 = (*/ =*' 6
= >1/6 -1/ */ -, */ B( =, 4*B G> 7E*B -B 5 $B =G=> G> */-*/ B1 *>.*>> *B > >1.
/ = /B B=*3 B1 */ /+1I F*>*B*/' =E//*/' -1/' =1 3>B B(= B /' => >1=B 1$ -E>*1/6 ( / (33 / 1/ 11,
B*F . =*/ .E> E. / .I G-, B(=1E'( G*B(1EB /I G1= 1$ ,/1G- ' . /B6 1 !')' ! ) G(*( . /B*1/> B( > 1$
G> $>*/B*/'6 . B1 B( / 1$ B( 9-=*'(B ->8: 1= /IB(*/' I1E .*'(B H3 B6 = B*= .+1= G(1 = 31=B -I >G >1. B(*/'
(--GI / /B = =11. G*B( EB*$E- B '1B G *= = > G B11 =1E/ B( / >*.*-= / = (. >B- G(*- G-,*/' (*>
*>3-I 1$ 1E/B B(*/ G*B( B( /*'(B >,I 1EB 2& > 1/> (*/ (*. B1 > = 1' , */ B( 20DK>6 >=* *B >
/ >B=> 1F = B( .1E/B*/6 ( = G> 33=1(*/' $=1. GI E3 ( *--E.*/B*/' 9B=/>3= /B .*-,I)1-1E= -11,*/' -*, (*3
= 1=*/' 3-I*/' 1$ B*F . =*/ .E>* B( /1G >B=*'(B =1 G*B( /11I 1/ *B6 B( .1F*/' (*/ -1G >B1/ G--:6
>1/' G*B( =(IB(.* B 1$ =E.> >E/' > G 1/B*/E B( =1>* /1G F*>*-
*/ -/'E' 1E- /1B 1.3= ( / I B G >B133 B1 -11, */ B( *B( B1 B( - $B 1E= $ BE= > 1/ >(1G $1=.> = .*/ .
$1E/ .I> -$ /(/B -.1>B (I3/1B*> G1/ =*/' *$ B( ./ ( $-- / 1G/ B( = 6 1$ >1. B(*/' B(B (33 / B1 .I =1B( =
G(*- -*>B /*/'6 >B 1G/ / -11, B B( 1B(*/'6 ( 'EI ( F/*>( 6 = > /B-I B( (=*> , */ B( 20@K> 1')>*BB*/' $1= 1E=
EB*$E- 3*BE= 1$ 1E/B B(*/ B( >= = 33=1(*/' G /B I / G ,/ G ( /1B)-1/' G*1G / G(1 ( '1/ 1EB $1=
.1E/B*/ 1$ B( 3 13- / -*>B / 666 G>/ B11 $= ( > G < B( F /*/'6 > ( G> GB(*/' )&'.
E /-I >G .I> -$ */ /1B( = B*. / =1E/ B( /6 1/B *) */ B( -1E/' B( 1' 4 >BE.3I '=E.3I
3- 6 G> I1E/' G1./ >*BB*/' G*B( $.*-I >1. 1E/B=I -/ EB *B G> 1/ B( 1EB>,*=B> 1='* --
>1/5 >B=B '=1G-*/' (,- >
. . => '=/$B( = '=/.1B( = I1E/' = 1$ F*--' -- *G --I6 E36 ( 11= BG / B( -1E/' / (--GI
=1B( => / >*>B => $=* />6 >B */ ,& 5$&& ( '->> 3/ $*BB */ B( E33 = > B*1/
*=- =1E/ $*= / G G = */ F*--' . >B*/' >7E= 1$ -*'(B $=1. B( -1E/' E/B1
E/ = B( /*'(B >,I6 ( F*--' G> I $1= >B B( (-- G--6 / B(B >7E= 1$ -*'(B (=*> >*
/ / = B( >= .1E/B*/6 ( - => B1-
$ $ ( 1E- - =-I > B( >*-(1E BB 1$ ./<>
>B1=* > 1$ -1/' '1 >B1=* > 1$ B( / >B1=>6 ( / >(1E- =>6 B = .*/ >BB*1/=I $1=
B G> -B $-- B( *= G> 1- / G G1= 1E= =B*- / - BB => 1EB ;(1G 13- < /E. = 1$ > 1/> $1= .1F*/' 1$$6
$E=>6 B G> B( B*. $1= B(*/'> (/' 3. ./ 22 # .3#.2 (F = .*/ ,$( )&-1)(
B( B*. $1= B( G(*B ./ G( / B( -/ . 1$ / H3 =* / ( I => '16 G> &!&! +! )'&
CC@ .
GGG6$1=B /B*. >61.

$'("*( !#' (*#'( '#! * &,#'(* ",($$' " " "& * +(*'* # ,(%
-E%'9E '#&6./ <! 5*?(6/2

%
!( @( &6 &< <! ,,5*!#( A 5 <* &#@ A #6! A5#<5 #( <!
! 6?''*( (*<5C ( #<< !#6 <!#6 #D55 ?(5& 5'*(C

A#&&/ <5 ! ! 0?<! <! 5<5 A6 55# *?< $?6< 6 ,&(( ( A!(
,5< * !#6 *5<?( <* 5&<#@6 5#(6 ( <! A*56 16!6 <* 6!6 ?6< <* ?6<2 A5
(
C +8> <!
!5#<#6 ! 1 A#6! @5C 6'*%5 #( #(<*( && <! '*?5(56 ',<# <!#5 ,#,6
((*?( <!< *( * <! '*6< (<5# <! %#( *' <* #(@#< <* 'C ?(5& #( *@5 <! *(/ #( <!5 A6 (*< '?!
!5<56 #( *&&( ! B,#5
C(!5 @5C AC ,*66#& C &<<5 #5?&5 ( #(<56<#( (A6 #(
C +8> <! ?5#*?6
@( &6 <! &5< #( * '*%56/ @5<#6'(</ @5C 6'*%5 A!* <%6 6<*5C * @( &6 6,5 &#% A#&5 '(C
!#6 (<&'( ! ' *(6#5& @(< * <! #(@#<<#*( 6!&& 5#@ 6 ,5*@#(#& (A6,,56 #( 5#<#( 6<5< #<
*5<?( #( <! (#( &#(( <5 ( 6<<& ,56(< +E& -/% . * <** ( <A* ,#,6 *<( A#<! 6*' <#*?6 *''(<6 * <!#5
*A( <* 6,( !#6 *& #( *'*5<& *( A!#! 6!&& ( 5@ 'C (' 'C *A(/ ! A6 <! *(&C ,,5 <* ,?&#6!
'(6#*( ! ! 5< *5 !#'6& #( 56< ( <! < * 'C <!/ ! ,**5 * <! ,*5<5#< * <!#6 ,5*# #*?6 6'*%5/
*<<5'/ !(6*' ,5<'(< #( <!#6 <! (# !*?5!** A!* *',(C 'C #5 ! 6<*5C 6,5 ?5<!5 <* '5#(
!*?6 *(<#( !#6 **
?6?' 6!&& 5#@ @5C C5 *( <! ((#@565C * ?6<5&#( ( A &( ,,56 (
*(<#(#( 6,#'(6 * <** 5*' && ,5<6 'C <! +E& * <** ( 6% * ** *< <&&5 6 #< A(< &*( / @( <! 6*'5
* <! A*5& # 56 # 5<<6 ( # 5#&&*6 5/ '% <! *(#<#*( <!< && <!*6 A!*
0?*< <! 6 * @( &6 6
* @5C 65#,<#*( 6 A&& 6 ( (*5'*?6 66#6< < 'C ?(5& # <!C A#6! <* ,5<% * 5'5%& #(6<( * <! !?'( 6C6<'46
*&&<#*( * ,#,6 * @5C *?(<5C ( <! (<6 * 'C A#&& '?6< 6'*% A#<!*?< <*&5( * <! B66#@ ?6 * <**
,5#* 5*' <!*6 ?6 C (#(< 55#(6 #(<55?,<#*( ?5#( <! (<#5 5'*(C/ <! 6#( ?&5 ?<!'( ! 6?5@#@ <!
<* 6'*% !', <* <! 6,&(# '56!?'
C *C 6!&& ,& #( *( &#( ?'6 * '*5 <!( *?5 <*(6 * <!#6 (*B#*?6
( '5 ,#,6 *5('(< A#<! 5@ <!5*? !*?< A#<! <! A** * 'C *& @( A ?< A!( '*(<!&C ' D#( *5 <!
?56 ( (6 * *& &#% <!*6 6( #( # 5"*B6/ < <! **< * <! *( 6!&& <** <5
' 6*'

<! (6< 6<*56 * 5#6/ ! '?6?' A6 ,& *B * <! 5(! <** && #(0?#5#6 #( ? ?6< +8> <!C *?( <!< <!
*,( <* @#6#<*56 <* ! * A!*' <5 ! ! 3,*5&4 ( ,% * *?5 *& ?<! 6<*5C * <! #( * '*%56 A6 ,?5 <#*(/
#5 !#6 %(*A& *( <! 6?$< * ,#," <**/ < 'C 6# ,& 'C @*5#< ,#, ( ( *5 * ;+EE 5A5 <* 1(C ,56*( *5
*&&<#(
C(!5 @( &6 @ ,*?! *B * '<!6/// *5 *( (@5 %(*A6 A!< ,56*(6 A!* 6!&& *5 6?! #(*5'<#*(
&& A#<! <** ( # 56 ( <&* ? 'C !,,(/ !( <! #5 56<6 #( <! @?&< 6 6!&& & <* <! #(<#<#*( *
C(!5
* <! '?6?' #( @&@< *@5/ && <! ,56*(6 #( <! ?(5& ,5*66#*( 5 @( &6 <! '*%#( #( * *<<5'
5*<?( &"! ?5
C(!5 50?6< <* 6< ?,*( #< <! 6!6 * <!#5 ( 6<&#6! <! *55<(66 * <! !#6<*5C
@( &6 A6 6&*' 6( A#<!*?< !#6 &5 ,#,6 6 <!C ,66 #< *( <!#5 ,5<?5 5*' ,5*,*?( C <! 2 A6
?<! ,#, < A!#! ! ,? #(66(<&C/ (@5 &#'/ ?<
A6
#( !#6 *(6?',<#*( * 6!(,,6 (@5 (*< A#&C 5 ,5#*#& ( 6 56?&<
-?<! #(. ( *55!< 5 A6 &6* <! 5*<?( ?5 * <! #( * '*%56 !6
@5C *(6#5& '(C <!*? !< <!< @( (@5 *( ?, #( 6'*%/ ( < <! 6,<5
&6 A6 (*< 6<#( *5 &*( ( !&<!C *
C(!5 @( &6 #6 6<#&& &#@ ( A&&
&#/ ?< <! 6<?5C ?<!'( <!' ,?( AC '55#&C #( @5#*?6 #&&"565!
&& &#@#( A&& #(<* !#6 E6 #( !#6 *<<5' '*5( **%6 ( 5<#&6 *?< <! !#6<*5C
!*?6 6?55*?( C <!#% &*? * <** * <** 6'*%#( / &<!*? ! <!5 #6 <*C
6'*%/ @5C C ! 6'*% +E 5''6 ?5#*?6 #,
?6?' < <! 5#(D( 5!< #(
-*D. * <** ( ! # < <! 5#, *& '6<5' #<6 ?6<*#(6 !@ (* %(*A&
* )7 *(60?(<&C # A 66?' <!< * <!#5 && ,566*5 @( &6
! ( <* 6'*% A!( ! A6 + C56 ( <!C B,566 #(5?&#<C 6 <* !#6 @5C
*& ! *(6?' #( <! *?56 * !#6 &# B#6<(/
==% -)8EE&. * <**/ <!#6 0?(<#<C
* <** *?& &# *A( #( *(<#(?*?6
&% &#( #< A*?& B<( >E 5(! & ?6

!

&"# #
$!
"! ! $
&** * 3 )*- !! #) - (0
## ) * # - /# -
$ ! ! ! ! $ ! ! !$!& 3- !) /!!* !) !!)(* ! * !! -
# & ! " "
" $ 1)- -!/- -- # 1 - !1
!" & !# ! " ! ! ! *) 1- #) * - * )3$ - * - * -!
& $ ! $! ! "
)-)* /) / - - !- -* $ - #)!0
1- - !##!)-/ -3 -! ) * -!
%! 1 (- !1 !1 -! /)-/)$ ! !1$'
, '/2 )')$ & 24 2 2' 6."2 '. )4$"2"'&-
&(0 #/* / )
$"%/ 4/& 4/8 ' ."2"&-/ $./2 6."2"& !! ) ,55$ !1 (0 !- 3 )*- !!
'$$ ,/ $'& / 2 8 6&2 2' 6."2 . 6"$$"& 2' $.& #/* 3 !!*/)3
/ **! * )
& )42 "& 2 2"% & '.2 .+4".* 4. /24&2/ ).'5 3 !-) ! !3*$ )-)* /) / !/)* #)!0
1- *-)/-/) *-!## 3 #)!) *- -! /- !*-
2 2* 8 '% .'% $$ 6$#/ ' $" & 5 5.8 #!)- -3 - #)!0 - #-/* -! -)3
".&2 42"'&$ #.'4&/* 2 2. /248"& 6"2 *!- ) -$'
4/ %&8 6"$$ / 2 ". &% "& )."&2 '. 2 "./2 2"%*-
&(0 .5 #* ! 1!) #- 3
.2"5 ."2"& '4./ '. 8 ."2./ 4.4 0 )!/* #/ -! * * *- )- 3 )-)* /) /
'5./ $$ &./ .2"$/ / '.2 /2'."/ &'5$/ ''#/ !/)* ) " ! -* !$ ! -# - - - -
4 -! 0 ! *! ) */ *!)- -$
/.")2/ 2* /' /24&2/ 2 & 2' 7)$'. $$ 28)/ ' * -! - )/ # - - -/-!) #)!0 3
6."2"& 2' "& 6 . 2 ". "&2./2/ & 2$&2/ $"* )-)* /) / - !/ ** ! -* *
0 ! - / -! 2#!) 3 #!- -
24&2/ $/' ."5 "&"5"4$ )./'&$ 24"2"'& .'% * 1) - - * $%
).'//"'&$ 6."2. 6 ' "5/ 4"& '& /28$ 2 &"+4
& %.#2"&* *- )- - )-)* /) / !/)*
1 - -! 2#!) 0 /* !) 3 1)- 0!#
, '4./ "5/ /24&2 '&"& "& 2 ". 6'.# & *-) - 3 #)*! *-3$ ! - - -
2 #&'6! '6 2' "&./ 2 ". &/ ' )4$"2"'&- 1!/ -! #/* 1)-) ! !0*
*!)- *-!)*$ *- # 3* 1 )0 *
7)$"&/ 4/&* ,&'.24&2$8 2 4&2."& 6."2. "/ ** * )! ) )* 1!(0 !3 3 1!) !)
%'. $"#$8 2' 5 2 ". 6'.# .24.& 2' 2 % &'2 1 0 - * -! !! /* 0*- !!*-!)* -! ! * *$
4/ 2 8 &-2 6."2 42 4/ 2 8 5&-2 * ) ! -* - - 0 3
3 ) * ! -)/$'
'$$'6 2 .4$/ ' 2 )4$"/ "& 6'.$* & 2 2 "&
$. ).2 "/ 6 2 6 2 '6 2' %# 8'4. 6'.#

)2$ 2' 2 '/ 6 ' 6"$$ )8 '. "2*-
'$$ $/' ).'5"/ 6 '$ /4))'.2 /8/2% 2'
&'5" 6."2./ 2 2 "&$4/ 2 ". 242'./ 2 ". 5"/'./ .
& ! !
"./2!$// '%!/248 '4./ 2/ 8'4 $8"& /2.2* .& 6 "$
./'4./ & & 2' '&5./ 6"2 '2 . 6."2"& 8'4 $.&* 7).2 242'./ )./'&$ 4"& $) 2' /$$ 8'4. 6."2"&
/24&2/ '& 2 ". 6/"2* & %4 %'. 2-/ "$ '. "&&./* 2"$/ .*
' '/2*

' '$"2"'&* & 2 '4)'& $$ '. $"#

."2./ 4.4 "/ /' '&"&2 "& 2 2."&"& & +$) 11111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111
/4))'.2 "2 ).'5"/ 2 2 "2 "5/ & %9"& %'&8 #
+##)** 1111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111
4.&2 " /24&2 '/&-2 .& 2 ". / #
11111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111
2 .'4 )4$"/ 6."2"& 8 2 & ' 2 ". '4./ 2
'$$ 6"$$ .4& 2 % "& 4$$* $4/ 2 '4./ '%/ '& 11111111111111111111111111111111111111111111111111111111111111111111111111111111111111 * #) 1111111111111111111111111111111111111
(!8 2."$ /' 8'4 & / '. 8'4./$ 2 +4$"28 ' 2 )$+ 11111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111
2."&"& '& '.* .//,& ** !+ ! !

' "& '42 %'. '42 '6 ."2./ 4.4 & $) #/& +"
8'4 '% /4//4$ )4$"/ 6."2. '&22 2 % $-'/,&/.
$ ")
'. . ).'/)24/
$$$$!
" "

::: 0 3::

/- "".&/.,%./-%1 /-,/ '%(/ %. '-/ -'( -((./,,
666*6."2./4.4*'% $/ +4'2 . 3(0
00 #')
#, )# &+&%
!: )04'.
4& 5H -@@I#@ 7-2 668
EG393$A E)B9(OA "$3933

)04' #&1 -@ 142F+0M 4& 00 66?#2F 6+#241#2 4-2#!
7"5C593$ &4? H) -@@I#@8A #@F 4& 4?0! E((9
0#@# @## +4I@# !@ -2 F+# 0F#@F -@@I# &4? !#F-0@ 4& @6#-0 4&&#?@9 1*N-2# 4& 2#K@ ?#J-#K@ F+# F#?1 =F#0#64?FF-42> 2! K@
2! ?#@#?+ 42 @F?2*# 6#?+6@ F+# '?@F F4 @6#I0F# F+F
)04! &0# + ', 6+#241#2 2! #L6#?-#2#@ 1M@F#?-4I@ 0-*+F@ @##2 -2 F+# @/M
I@?-#?@ @+4I0! 42FF 9 GGGO -' J#2I# I-F# )O) -?*-2-
#+ HG)() 9 #0 $OO,)H$ GOOG 7F400 &?##8A L B(B )H$ CH(GA I?-4@-F-#@ 6?4!-*-#@ 2! 64?F#2F@9 1-*+F # ?&F &?41 4IF#? @6#9
? 4?!#? 420-2# F KKK9-1@2#K@9419 F K@ &4I2!#! M 4 -/?! 4K#J#? +# IF F F+# J#?M ?44F@ 4&
60)* 014 ) 8)0% -2 53BG F4 42F-2I# F+# K4?/ 4& ?#!I0-FM ; 42#-J# 4& 24F+-2* -2
.4? ?#!-F ?!@ #6F#!9 +#:I#@ 4? 142#M 4?!#?@ @+4I0! # -2 @F#?0-2* +?0#@ 4?F 75$B)%53GH89 ?#0-*-42 @-#2# 4? 6+-04@46+M F+F
6?#&#?0M !?K2 42 42!42 2/ 2! 1!# 6M0# F4 #22-@ I0-@+-2*9 4?2 4& IF+ @F4/ -2 02M -@ 14?# F+2 F+# 6?46#? F+-2* F4
-0 F4 )04' #&1 4J#F-0 #?J-#@ $OO I-00F J#2I#
#2F -#2#
#K 4?/ 4?F @6#2F 12M M#?@ K#? &4? K+-0#9<
?/ -FF-2*4I?2# 3 $
9 +-@ !!?#@@ @+4I0! # I@#! &4?
4?!#?@ 2! @I@?-6F-42@ 420M9 ?#@#?+-2* @-#2F-' 0-F#?FI?# -2 4?F K@ M 24 1#2@ F+# '?@F
#0#6+42# 6M1#2F@ 2! :I#?-#@ O$)) $)) OO)39 F+# #K 4?/ I0- -??M 2! 6#?@42 F4 400#F 2410-#@ 2!
L 6M1#2F@ 2! :I#?-#@ O$)) $5( O$CC9 F+# ?-F-@+ I@#I1 -??M9 # 4!!-F-#@ % @I+ 400#F-42@ +J#
,1-0 6M1#2F@ 2! :I#?-#@ 4?F#2-1#@@#?J-#+#060-2#949I/
1?@+00#! +-@ #J-!#2# 2! @#F 4I2!#! &?41 ?### F4 +-2
#, )# &+!) &4?F+ +-@ 6+-04@46+M -2
753538 "
@-2# 2-#2F F-1#@9 )04' #&1
/##6@ 0-J# F+-@ 2-#2F F@/ 4&
#22-@ I0-@+-2* ?#@#?J#@ 00 ?-*+F@ F4 ?#I@# 1F#?-0 @I1-FF#! M 753HG8 753G58 2! !-@6@@-42F# K#-?!,KF+-2*
?#!#?@ 2! 42F?-IF4?@ -2 2M 1#!-I1 4? &4?1F9 753GH89 #L604?-2* F+# K-0! &?42F-#?@ #FK##2
%%61404#)'1 # K@ @#6F-0 4& @-#2F-' F+# /24K2 2! F+# I2/24K29
42FF F+# ?F !-?#F4? M #1-0 7#F-#22#&4?F#2F-1#@9418 #&4?# @#2!-2* #L602F-42@ 4@#?J-2* +4K ?41 F+# J-#K64-2F 4&
@160#@ 4& K4?/9 # 224F *I?2F## F4 ?#@642! F4 I2@40--F#! K4?/ @-#2F-@F@ ?*I#! 4?!-2* F4 F+#-? 1-2@F?#1 @-#2# -F@ &I2F-42 -@
F+4I*+ #J#?M #&&4?F K-00 # 1!# F4 !4 @49
4K2 #0-#&@ ?F+#? F+2 F+# ?I0#@ #0#*2F0M @FF#! -2 0-2# &?41 2-!
04#% 16&#11#)'1 4& #J-!#2# 2! F+F -242J#2-#2F #0@&4?!>@ 44/ 42 F+# 1#!-J0
0#@# @#2! 00 @I1-@@-42@ F4 J-! IFF42 !-F4? 4?F#2 -1#@ !F K#?# -*24?#! @I66?#@@#! &440 ;+# 440 !4#@ 24F 0#!
B5COH 42!42 5B O
4? #1-0 !?@IFF42&4?F#2F-1#@9
419 @ K# ?##-J# 0?*# J40I1# 4& @I1-@@-42@ !#-@-42 1M 24F #
!-@?#!-F#! 4? #L60-2#! KM9 ?#J40F *-2@F F+# KA +# 0I?#@ I@
-11#!-F#9 # ?-F--@#! 14!#?2 @-#2# &4? -2F4 ?#*-42 4& F+# @6-?-F K+#?#999
-F@ ?#!IF-42-@1 -F@ FF#16F@ F4 F+# K?-F !4#@ 24F ?I29<
4401
#FF#?@ 4& 411#2F 4? 4IF #L6#?-#2#@ ?# K#041#9 #2! F4 4L !#'2# !-J-!# 2! @#6?F#9 4?F>@ #@-!#@ #-2* .4I?20 4&
H)O3 42!42 ( )
4? #1-0 @-#J#/-2*&4?F#2F-1#@9419 # !-FI1 ;2# 1#@I?#@ -?0# ?#4?! -@ 0@4 &4?I1 &4?
?#@#?J# F+# ?-*+F F4 #!-F @I1-@@-42@9 #*-22-2* 2MK+#?#< #L6?#@@#@ F+# !-@I@@-42 4& 4@#?JF-42@
))$1 *0#)#%1 1 ' )4!0 &40#% )0 07#8 -2@F#! +-@ 6+-04@46+M 4& 42F-2I-FM 2! -!#@ +4K#J#? @I?! 4?
#2! F4 4?F#2 -1#@ B5COH 42!42 5B O
9 -2 K+-+ #J#?MF+-2* -@ -2 2 I2646I0? 2! 1-2F-2@ 64@-F-42
74 -2F#?1#!-F# 2! F?2@-#2F @FF# 4& #2#J40#2F @#6F--@1 F4K?!@
-1@ F4 6?#@#2F F+# K-!#@F ?2*# 4& -2F#?6?#FF-42@ F4 @F-1I0F# #FK##2 #LF?#1#@9 4F+ F+# 4?F+4!4L 2! I24?F+4!4L9
!-@I@@-42 2! K#041#@ +#06&I0 ?-F--@19 +# 46-2-42@ 4& 42F?-IF4?@ # +! -!#@ 4& F+# 2-J#?@#,@, F4#@ 24 6?FM 0-2#9
?# 24F 2##@@?-0M F+4@# 4& F+# #!-F4?@9 2 F/# 24 ?#@642@--0-FM &4? 4?*2-@1 2! F+# F?2@-#2F 2FI?#
@I1-@@-42@ IF K-00 F/# 00 ?#@420# ?# 4& 1F#?-0 -2 -F@ 64@@#@@-429
#:I#@F@ &4? ?#FI?2 4& 1F#?-0 @+4I0! # 4162-#! M @F16#!
!!?#@@#! #2J#046# 4? 2 2F#?2F-420 #60M 4I6429
#

" # $ #%%&$#"")&

# # # "!

"
"
3&, .3 .- 01 .-; !+; 01
.&- +<<( 01 !- 64.- 0+ 12
3(- &/,- 01 3&, .-9; 01 (&3 +!:- !3
.&-
++&- 7%& !-3; 6!8! -+.-
-!6 (+4.-2
(+'(- - !34.- .7(4!
6&
,!4 !*!66 +(3! +,!; !6!3 &3(46(! 6 .93 6! +!4 7+ 36&(-%
!.3%! !6&!346.- 7+ ++%&!3 +- 3 (-!3 !(6& !.3%! --! 3 9(* (&3
$$%& ,") .9*! +!:(4 ;*(3 (- ;.-4 8! +(- (* +.3!6 +!3(! 36(- ., 7#$!4
!3;+ -6(4 7+ 3!!6.- 3; 6.*!3 .,- 7&;) 3-* &.,4 7+ &.,4 (*
33!- 9!- &(6!.* .; . (2 (&!+ !73%!32 +3(& %(-2
#*I0? 0-6@F#?@ +J# 6?4J-!#! F+#
.(- 4.!2
- ; .-+.- 6 .3.3- - 3!9 7-3.2
0-&#044! 4& @-2# -F 8( .-2

!6!3 44++2 .4(# .<.32
.%!3 744.-2
#*2 -2 53BG9 2# 4& F+# !#0-*+F@ 8!- .4"-2
&3(4 (++(,42 .3!- .+!,- 0 1
(, .-+-
&4? F+# #!-F4?@ -@ ?##-J-2* 6/#F@
&?41 4?2#4 4? ?N-0 I!- ?- 01 ;3.- .;6 0 1 3!% ; 01 .+.3!4 &!+/4 01
(, (!*!- 01
.4!/& 3(-.3
-9 # -2J-F# M4I F4 .4-2 -2 F+# 0 1
!##3!; ++-! 01 3; 6!4 012

-!6 .+(- .3 2
&I2 2! @#2! -2 2MF+-2* K#-?! &?41 F?!#
.4I?20@ 040 2#K@66#?@ #LF?F@ &?41 4@I?# F41#@ 4? #%) #%)%&

0-??M 2#K@66#? ?+-J#@9 &(+ *!3 &!+ 36&; &3(4
.4(##! 3* (+*(-%6.- . (*3 7+ (!8!*(-% -
4 1-2-1-@# F+# F-1# @6#2F 42 6?#6?-2* 0-66-2*@ &4? (,,.-42
4?F 4?F K# @/ F+F M4I IF F+#1 4IF 2! 24F &40! F+#1
F44 @1009 ?/ #+ 0-6 742 F+# &?42F K+#?# 64@@-0#8 K-F+ $$" %)& #% **'
F+# @4I?# !F# 2! M4I? 21# @4 F+F K# 2 ?#!-F M4I (&3 +!:- !3 (+'(- - !34.- !33 //4 8( 33!66 .7(4! 6&
,!4
-2 F+# 0-@F-2* 7?-*+F8 K+#2 K# I@# F+# 1F#?-09 4?
040
2! 4J#?@#@ 0-6@ 60#@# *-J# F+# F4K2 4& 6I0-F-429 4?
!*!66 . &,!34 !33; .+8(- - ; .-+.- 6 .3.3- 3&, .3 .- +(<!6&
&4?#-*2 02*I*# 0-6@ K# 66?#-F# ?-#& F?2@0F-42@9 4 -6!
8-4
.&- 8-4 +- 3 (-!3 !(6& !.3%! (&3 !.3%! +- (
J4-! 42&I@-42 4J#? !M 2! 142F+ 60#@# K?-F# F+# !F# (+!!- 3! --! 3 9(* .-; !+; 7%& !-3; (%!+ !39(- !8(- 73 7+
-2 F+-@ &4?1 5 HO5C9 & M4I @#2! 6+4F446-#@ 46M 42
*4.- .4+(-
.&-4.- 8! +(- (* +.3!6 +!3(! 36(- ., 4.- 3!%
42# @-!# 4& F+# 66#? 420M9
;
.&- +<<( 8( .- .!+ ..-!; 6!8! -+.- 7+ 3!!6.- .-; ,(6& 7+

#% 4) )04' #&1 )9 5;( )')' 63!!6 3-* &.,4 8! 3!8.3 (&.+4 33!- !- 64.- 9!- &(6!.*
-!6
"&#% 1#7$#' )04'4#&1-)&
)0 *)14 )' 4! 81#4 4 888-)04'4#&1-)-6$ (+4.- 3; 6!4 .; . (2
8!0 4!0 #1 )'40#64)0/1 6#-
2 GGB
KKK9&4?F#2F-1#@941

)@+ A--+ -<8 .E%.>* 0==%"E<1

)-+# 8-* )C *# A7 -?+
7&< &+ <$ -
/+ -7 <$ 8<
8 &< &8 (+-A+ &+ -7<$ + -?<$ -7
?7&+# <-7 + -@*7 >E. 2
$7 A7 >> 4/7<&))C 8()<-+&85
87*8 -*&+# 7-* &+8& <$ 8<(2
$ $-?8 3?&()C )) A&<$ 8*-(2
&7#$<78 ?8 7&))8 + $&8)8 <-
7( <$7-?#$ <$ 7&(A-7( ?< )A))
& - 8*-( &+$)<&-+ + ?7+82
% ' #
-&8 -7 <A- A&<$-?< $82 + -< %+
-+<&+ 8&B 8(?))82 + - <$7 -<8 -?+
7&< - <$ &<C - '&* -+ <$ A8< -8< - ?++ &8$7 E%C7%-) /7&8< A8 8A/&+#

/+ -+ >E -@*7 -+<&+ .E -&8 + <$ /-7$ - $&8 $-* &+ <$ &7$& )& )-)&<C
$ )<<7&+# -+ <$ $?)) 7&+# 4-7+ -/)68 - <+ &+ &$7 A$+ <7--/ - *-+(C8 #+
7*C5 A$&) <<<7 87/ - )-<$ -?+ -+ <$7-A&+# 8<-+8 + 7&(8 < $&* 7-* <$
+-<$7 -< //7 <- 7-* -7<$ -7+ 7-- -@2 @7)C &+'?7 $ A8 7?8$ <-
+<&-+) !#2 $ )<8< -< -+<&+&+# <$ $-8/&<) C $&8 *&)C ?< & 8$-7< A$&) )<72
7*&+8 - <$7 /-/) A8 /?)) 8$-7 < &)8 8& $ A8 <$ <$&7 <)&<C ?8 C
?(?& /-7< -+ >" -@*72 + 7+< C78 -7<$ <$ 4+?&8+5 *-+(C8 &+# <$< A-*+ +
-7+ 8$7*+ $@ &+78&+#)C @+<?7 &+<- $&)7+ $ )8- + <<( C <$ 7<?78

/+8 A<78 $?+<&+# 83?& + 8-* - <$ 7+&8$&+# 8<-+82 &
* ) ! %+

-<8 -?+ 7&< A7 77C&+# 83?&%<$&+#
3?&/*+<2 <$78 *&#$< $@ + 77C&+# 5<)&) !": :>) :>+ )$7" 5+:"57 $)
7?#8 7-* <$ -**?+&8< C8<-/&2 -D+8 - )+5:"5) <:') $) +=(5 ;B, ' :+ :"
A7(8 7&< <-A78 <$ -8< -
/+ @7C C72 @+<)!5 +) ! 7"+=$)! -+::+7 +>)
C <$ #&++&+# - *7 =" *C8<7C -<8 :" :"5+: + :" 8#@5#+' 5+:"50 :")
$ 7&< -@7 &+ >E. &+)?&+# <$ .. -?+ '' (5!)@ 75=$7 :+ 7@ :": "$7 5+:"5
<A+ )< <-7 + -@*72 + >E." <$7 >7 '@$)! <)+)7$+<7 $) :"$5 7"5 "+<7 )
A7 : + &+ >E.= <$7 A7 E2 * ( % 57< -57+))' 55$= :+ ) "$( >$:"
' % %+ -+::+ '+! $) "$7 >$)-$-0 ) :+5 ;B,
:" @+<)!5 5+:"5 >7 1<$:: + ()7'<!":5
"'7 :5$$ &#'=$+) ; >7 +<) <: +<) !<$':@ + 2=$+') <7$)! :"30
25+A) $) 7+'$ $3 +) ; :+5 $)7$ '$1<$ >7 %$' +5 7=) @570
)$:5+!) "(5 <7 +5 5@+:"5-@ .2+' % $ %(
<53/0 5 7'#:5:(): $) :" %<=)$
"':" 7- $) 7 !7 = >"5 7" >7 8<
?)C 7+< $-*/8-+ . A$- A-7( <
()!5 " !+) >5@0 " 5@+#"(5 $&8 *&)C68 /< 8$-/ &+ */) B8 A8 -?+
>7 :<5) +) : ($)<7 ; B6 .#,B6/ ) $:47 &+ $&8 7 &+ <$ /7(&+# )-< - -A68 8<-7
7:$(: 7" >7 $)7$ +5 : '7: ,B "+<57 &+ ?8<&+2 $ 8@7) 8+(&<8 -+ $&8 7*
+5 $)! +<) @ +) + "5 (-'+@70 7 --7 A8 -/+ + 8+( -+<&+7 A8
$5!":57 " :+ 5& :" $ :+ 5'7 "5 */<C2 +-<$7 8+( + 8@7) <7+<?)8 A7

+@ 5+( :" "(50 +'$ 7$ $: --5 :+
) $): :"+<!" :" 7 5($) +-)0
)8- -?+ &+ <$ 72 $&#$)C /-&8-+-?8 *-+-)
-7 A8 )<7 -?+ -+ $&#$AC 8)&/ 7-
+:+57 7$ 7" $ >$:"$) 7+)7 -+77$'@ +7C $@&+# + 7?+ -@72 *&) 7/-7<
7<+:$)! :5 )$:5+<7 +?$ <7 $) :" ++'$)! 7@) <$< $-*/8-+ //7+<)C ))-A
-5+77 !+: $):+ "5 '<)!7 ) ( "5 7'-@0 <$ 8+( <- &< $&* 7/<)C ?8&+# $&8
5@+:"5-@ $) $:7 -57): +5( >7 =$7 <$2 $ ?<-/8C 7@) +- @&+ <$<

$) -) $) :" ,*8B7 @ 5 +7"$( (<"$
:+ :5: 5"<(:+$ 5:"5$:$70 :7 @ +5
+:"5 -<5-+77 $7 <$+<7 ) $:7 --'$:$+)
<)5!<':0 757 5 -' $)7$ ) ?:5('@
+' "(5 +5 %<7: ($)<: +5 :>+ :@-$''@
$ $ <7& <- 8<-/ <$ 8+( 7-* &<&+# $&*
-7 #< AC 7-* &<2 <$ 7/-7<)C -?77
A&<$&+ -?< $) + $-?7 ? <- /7)C8&8 +
78/&7<-7C &)?72 $ 8+(&<8 4//7 <-
&+<+<&-+) &+'<&-+ 8&<85 -7&+# <- <$
<7$)! ) )+5-"$) 5<7"0 :"':7 >"+ "= *&) B*&+7 A$- <$< $-*/8-+ $
'+)! <7 $ :"7 :+ 7 :"$5 "7 ) -$)7 $&8<-7C - 48?&&) &<&-+52 #
#
"= :<5) :+ >"+' +@ 5@+:"5-@ 7 1<$&5 $ ' %+

>@ :+ 5+=5 :5 ?5$7 +5 +(-:$:$+)0
" :5:(): $7 '7+ -5+(+: 7 ++7:$)! :"
5@ )@ $ :5 7" >7 &$& $) :"
$((<) 7@7:( $$)! >$!": '+77 5%<=):$)! "7: @ "+57 7" >7 !5++($)! ) 7(7"
7&$) ) $)57$)! '++ $5<':$+) '$)! 7+( "5 " $):+ 7:' >'' $) 7"$'' +5+'&0 "
7'+)7 :+ +5 5@+:"5-@ $'7 7 ) ):$#

!$)! 5(@0 ($
++5 .:" '( :577 5+(
+7>''/ $7 5<(+<5 :+ <7 $: :+ 7(++:" $'
>7 '$--$)! :" )$('47 +: >$:" "5 <!":5
''@ >") $: '7" +<:0 " >7 $5'$: :+
"+7-$:' <: $ 5+( '<)! ) "7: $)%<5$7

>5$)&'70 $1<$ )$:5+!) "7 '7+ '+)! ) <7 <5$)! 7<5!5@0 " @+<)! 5('++ "+57 "
:+ :5: ) 5(+= >5:70 ' %" $! ) !$=) ($' 7:$= :+ &- $: '( <5$)!
% $ %( :" '$--$)!0
& %(0
8?8/< ?7#)7 * 8<?( &+ $&*+C

+ & A$+ <$ $-*-A+7 )&< 7 A&<$-?<
7)&8&+# $ A8 <7// &+8&2 -C )A))

., &8 /78?* <- $@ )&* -+<- <$ 7--
- <$ $-?8 &+ ?7-+ )&-7+& + -A+ <$

$&*+C -+ <$ +&#$< - >9 -@*7 A$&) <$

$-?8 A8 */<C2 $ -A+7 7<?7+ + )&<
7 <$ -))-A&+# <7+--+ + 8--+ $7

Fortean Times - February 2016 PDF

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

Fortean Times - February 2016 PDF

Hochgeladen von

Copyright:

Verfügbare Formate



      

I'    CB  

23      

3A*, 301! F*A 0.!= ,A ,%%!<!1A %<30 *3<<3< 1

!       

28    

./        

       

   .? 7>5"I$" '5> $33.? I1.?,.3+

   

E* 53/,  J*3 >>,  3HE  5E, 1E 3> ?H- E J3H/ ?,E8

    :  

NK N6END;D1E16.4R /% PE 68K

R%DE> % ,%# K/% 8N6KDR )K%D 3/B6C69/ 'B#C-OJ#B 2,

/1# /4 J-# 1# /CJB/J! J

4163 K8 K/% ER5;K85E" 6# 56R   

8D3 ;DK5%6K> @%# /%E"

/++((-% 19@(+:7 :C%%:@: 

* @/ @ +:@ A<A

   >  

   g    '/:; ;+B,, 1):

      

&251(5 ;(<A/1&-< 4%4

     

s , +'& .B+8 >C. 08'+8E   #-< G*1G <4* ;

  @  @  

GGG7#1;B /B*. <71.

!'  

/#0 (&.6 6

 !   !     

@F 9 F F* ,@ %@AF 6@F F,0 A  6IFM A* @,$$A9 * M

   D    

$ // ,// 1 K@ 3$$ K3?. $3? K .@ $3//3K,1)

  D   D  

 199( 3-* 342 

          !   #      "  

DI044 C"4"M6I I8P (8C 40((" I"CC8C ND

5P .LD6A= 6"" :CI LD" I." DL-"6C"BD 0D 0DI06I0M"4P 6I0/"DI40D.5"6I 6C.0

 '"( $ # '& )

 *'# & ' #  (

 *823 *(7#%)" 7#713 33)7%' 7* 7#

  >  

83 "9/, '): 0.0= 9@)+4

>8 1 /3G 03? G*1 -J@G @* 5 ,1 G*3@ *,//@888

5+<" +) ) +<95+- + 5+&

6 -59 +  @' + +(-'()95@ -596 $) $6 (<" +'5 ) $6 +)6$5 -59 +

#2#A+#"! .3 K,., B,# ".BIBB#" F,# A51#

K,., 7A5J#B 53# 3" &5A 11 F,F B52#

##.3+ F,F A3@B 1#"#AB ,J# 57#31M F10#" 

B.3F,55" I753 F,F ,# .B .3 &F 3 I3"#A#2715M#"

  C0'<(-%''=0-'(H(+'I<5 ,(=C*A> III5&F !-%C0-20=C5 F+!++'-'C(,='2<02&J' C<+00 C 0- 20(-C I&(&

" $ " " "   "

KK#49K05- K7 9D#E#DO# E 4N. 7K.#DP7D3"3R #05-E! K.# 720!

95#E# (73237D#< 5-0K PE

3/," D1,3;1<8 D5

3D 0D<A !," 5H 031)

      

 B&;(++; ! B& B(/- <5E-<

 # !  #

 ; 0.J< &/;;/; 5D-

G;/B /- /" B& "(-+ I+F<B;

(1* 1$ $*'(B*/' G*B( B( . 1=  */' >(1B6 B

I' CB

23

3A, 301! FA 0.!= ,A ,%%!<!1A %<30 *3<<3< 1

!

28

./

.? 7>5"I$" '5> $33.? I1.?,.3+

E* 53/, J*3 >>, 3HE 5E, 1E 3> ?H- E J3H/ ?,E8

:

NK N6END;D1E16.4R /% PE 68K

R%DE> % ,%# K/% 8N6KDR )K%D 3/B6C69/ 'B#C-OJ#B 2,

/1# /4 J-# 1# /CJB/J! J

4163 K8 K/% ER5;K85E" 6# 56R

8D3 ;DK5%6K> @%# /%E"

/++((-% 19@(+:7 :C%%:@:

* @/ @ +:@ A<A

>

g '/:; ;+B,, 1):

&251(5 ;(<A/1&-< 4%4

s , +'& .B+8 >C. 08'+8E #-< G1G <4 ;

@ @

GGG7#1;B /B*. <71.

!'

/#0 (&.6 6

! !

@F 9 F F* ,@ %@AF 6@F F,0 A 6IFM A* @,$$A9 * M

D

$ // ,// 1 K@ 3$$ K3?. $3? K .@ $3//3K,1)

D D

199( 3-* 342

! # "

DI044 C"4"M6I I8P (8C 40((" I"CC8C ND

5P .LD6A= 6"" :CI LD" I." DL-"6C"BD 0D 0DI06I0M"4P 6I0/"DI40D.5"6I 6C.0

'"( $ # '& )

*'# & ' # (

823 (7#%)" 7#713 33)7%' 7* 7#

>

83 "9/, '): 0.0= 9@)+4

>8 1 /3G 03? G1 -J@G @ 5 ,1 G3@ ,//@888

5+<" +) ) +<95+- + 5+&

6 -59 + @' + +(-'()95@ -596 $) $6 (<" +'5 ) $6 +)6$5 -59 +

#2#A+#"! .3 K,., B,# ".BIBB#" F,# A51#

K,., 7A5J#B 53# 3" &5A 11 F,F B52#

##.3+ F,F A3@B 1#"#AB ,J# 57#31M F10#"

B.3F,55" I753 F,F ,# .B .3 &F 3 I3"#A#2715M#"

C0'<(-%''=0-'(H(+'I<5 ,(=C*A> III5&F !-%C0-20=C5 F+!++'-'C(,='2<02&J' C<+00 C 0- 20(-C I&(&

" $ " " " "

KK#49K05- K7 9D#E#DO# E 4N. 7K.#DP7D3"3R #05-E! K.# 720!

95#E# (73237D#< 5-0K PE

3/," D1,3;1<8 D5

3D 0D<A !," 5H 031)

B&;(++; ! B& B(/- <5E-<

# ! #

; 0.J< &/;;/; 5D-

G;/B /- /" B& "(-+ I+F<B;

(1 1$ $'(B/' GB( B( . 1= */' >(1B6 B

-E%'9E '#&6./ <! 5*?(6/2

' 6*'

0-&#044! 4& @-2# -F 8( .-2

)@+ A--+ -<8 .E%.>* 0==%"E<1

7'+)7 :+ +5 5@+:"5-@ $'7 7 ) ):$#

8?8/< ?7#)7 8<?( &+ $&+C