Upload
proargex-magyp
View
219
Download
0
Embed Size (px)
DESCRIPTION
Estudio comparativo de condiciones de acceso a mercados. - Proargex
Citation preview
!"#$%&'$(')
(*+,$&
!"#
$%&'(&)*+,+"%-&'$.'(&/$%0%&
/.!'$
.'100.
!&2(+,/.'$.'3&44&
!"#$%&"'($' !")"%*+,'($'-./'012"!&.%*",$/'($
34!".-*)$,&"/'3!4$,&*,"/
5*,*/&$!*"'($'34!*%6-&6!.7'8.,.($!9.'#' $/%.-.//
01234565)789814:5'3
65;34645; 0'3 866 05'8) 968350
79589< =
666,,,***>>>((( $$$(((777&&&??????&&&
!"#$%&'$(')
(*+,$&
!"#
$%&'(&)*+,+"%-&'$.'(&/$%0%&
/.!'$
.'100.
!&2(+,/.'$.'3&44&
!
"#$%&$'(#)
/@ 4;19532664A;'B'5CD 14:50EEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEF
<*GH%+&';I'/J'7?,>' !"*,"KL%+&'$('6*(+%M%(>"&'-..NO-./.'P(>'M%?(!'$('"&>(?,$,!@ EEEEEEEEEEEEEEEEEEEEEEQ
<*GH%+&';I'-J'6&>!#M&'8R,*(>"('-..NS-./.'T'7*&T(+",$&'-./U'P(>'VLSW,XS,Y&@EEEEEEEEEEEEEEEEEEEEEEEZ
-@ 0123450'65)789814:50'3 '65;34645; 0'3 '866 05'8') 968350'7898'[8'689; '3
75[[5 EEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE/N
<*GH%+&';I'NJ'7?,>' !"*,"KL%+&'$('6*(+%M%(>"&'-..NO-./U'P(>'M%?(!'$('"&>(?,$,!@ EEEEEEEEEEEEEEEEEEEE/\
<*GH%+&';I'\J'6&>!#M& 7(*'6GR%",'$('R*&"(]>,!',>%M,?(!'(>'?&!'R,]!(!'$(?'M#>$&'-..^EEEEEEEEEEE/U
-E/EO 7*&$#++%_>'8*L(>"%>,'$('6,*>('$('7&??&EEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE/F
-E/E,EO 7*%>+%R,?(! `&>,!'7*&$#+"&*,!EEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE/^
<*GH%+&';I'UJ'7,*"%+%R,+%_>'R&*'7*&a%>+%,'$('?,'b,(>,'1&",? EEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE-.
-E/EXEO ;%a(?(!'$('7*&$#++%_> EEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE-/
<*GH%+&';I'FJ'7*&$#++%_>'$('6,*>('$('7&??&'(>'?,'8*L(>"%>,'P(>'M%?(!'$('"&>(?,$,!@ EEEEEEEEEEEEEEEEE--
<*GH%+&';I'QJ'b,(>,'$('7&??&'(>'?,'8*L(>"%>,'P(>'M%??&>(!'$('+,X(c,!@ EEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE-N
-E/E+E' dR&*",+%&>(!EEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE-F
<*GH%+&';I'^J' dR&*",+%&>(!'$('6,*>('$('7&??&'$('?,'8*L(>"%>,',?')#>$&'-..NS-..ZEEEEEEEEEEEEEEEE-Q
<*GH%+&!';I'Z'T'/. EEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEN.
<*GH%+&' ;I' //J' a&?#+%_>' )(>!#,?' $(?' 7*(+%&' 7*&M($%&' )(>!#,?' dR&*",+%&>(!' $(' 6,*>(' $(
7&??&'P(>'3_?,*(!'R&*'1&>(?,$,@ EEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEN/
<*GH%+&!';I'Z'T'/.J' a&?#+%_>'$('?,'7,*"%+%R,+%_>'8>#,?'$('?,!' dR&*",+%&>(!'$('6,*>('$('7&??&
R&*'"%R&'$('7*&$#+"&'P(>'7&*+(>",e('!&X*('"&",?@ EEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEN-
-E-EO 7,>&*,M,')#>$%,? EEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEENN
356157 8993,&:.0"&
'$.'3,&)&0%;
/'$.'4+!'
<*&,"+
0%&/.!'$
.'1=,&+4%)
./"&!'1
,=./"%/
&!
-E-E,EO 7*&$#++%_>')#>$%,?EEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEN\
<*GH%+&';I'//J'7*&$#++%_>')#>$%,?'$('+,*>('$('R&??&'P(>'M%?(!'$('"&>(?,$,!@EEEEEEEEEEEEEEEEEEEEEEEEEEENU
6#,$*&';I'/J'7*%>+%R,?(!'7*&$#+"&*(!')#>$%,?(!'$('6,*>('$('7&??&'P(>'M%?(!'$('"&>(?,$,!@EEEEENF
<*GH%+&' ;I' /-J' 6&>!#M&' R(*' +GR%",' ,+"#,?' T' R*&T(+",$&' $(' +,*>(' (>' R,]!(!' (>' $(!,**&??&' T
$(!,**&??,$&! EEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEENQ
<*GH%+&' ;I' /-J' 6&>!#M&' R(*' +GR%",' ,+"#,?' T' R*&T(+",$&' $(' +,*>(' (>' R,]!(!' (>' $(!,**&??&' T
$(!,**&??,$&! EEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEN^
<*GH%+&';I'/NJ'7*&$#++%_>'R*&T(+",$,'$('+,*>('a,+#>,f'$('+(*$&'T'R&??&'-./.S-./Z EEEEEEEEEEEEEEENZ
-E-EX@' dR&*",+%&>(!')#>$%,?(!'P)&>"&'B':&?gM(>(!@ EEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEENZ
<*GH%+&';I'/\J'6&M(*+%&')#>$%,?'$('+,*>('$('R&??&'P(>'M%?(!'$('"&>(?,$,!@ EEEEEEEEEEEEEEEEEEEEEEEEEEEEE\.
6#,$*&';I'/J'7*%>+%R,?(!' dR&*",$&*(!')#>$%,?(!'$('6,*>('$('7&??&'P(>'M%?(!'$('"&>(?,$,!@EEE\N
<*GH%+&' ;I' /\J' 7*&T(++%&>(!' !&X*(' 6&M(*+%&')#>$%,?' $(' 6,*>(!' -.//S-.-.' P(>' M%??&>(!' $(
"&>(?,$,!@ EEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE\\
<*GH%+&';I'/UJ' dR&*",+%&>(!')#>$%,?(!'$('7&??&' >"(*&'(>'1&>(?,$,!'T')%?(!'$('3_?,*(! EEEEEEE\U
<*GH%+&';I'/FJ' dR&*",+%&>(!')#>$%,?(!'$('6,*>('$('7&??&'7*(R,*,$,'&'6&+%$, EEEEEEEEEEEEEEEEEEEEEEEE\Q
-E-E+@'4MR&*",+%&>(!')#>$%,?(!'P)&>"&!'B':&?gM(>(!@ EEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE\Q
6#,$*&';I'NJ'7*%>+%R,?(!'4MR&*",$&*(!')#>$%,?(!'$('6,*>('$('7&??&'P(>'M%?(!'$('"&>(?,$,!@ EE\^
6#,$*&';I'\J'7*%>+%R,?(!'4MR&*",$&*(!')#>$%,?(!'$('7&??&' >"(*&'P(>'M%?(!'$('"&>(?,$,!@ EEEEEEU.
6#,$*&';I'UJ'7*%>+%R,?(!'4MR&*",$&*(!')#>$%,?(!'$('1*&c&!'$('7&??& P(>'M%?(!'$('"&>(?,$,!@ EU-
6#,$*&' ;I' FJ' 7*%>+%R,?(!' 4MR&*",$&*(!' )#>$%,?(!' $(' 7*(R,*,+%&>(!' $(' 7&??&' P(>' M%?(!' $(
"&>(?,$,!@ EEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEU\
-ENE 8>,?%!%!' 6&MR,*,"%a&' >"*(' [&!' U' 7,]!(!' dR&*",$&*(!' h' 8*L(>"%>,' 3(' [&!' 7*&$#+"&!
0(?(++%&>,$&!' >'[&!'7*%>+%R,?(!')(*+,$&!'3(!"%>& EEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEUU
6#,$*&';I'QJ'7*%>+%R,?(!'4MR&*",$&*(!')#>$%,?(!'$('7&??&' >"(*&'P(>'M%?(!'$('"&>(?,$,!@ EEEEEEUF
6#,$*&';I'^J'7*%>+%R,?(!'4MR&*",$&*(!')#>$%,?(!'$('1*&c&!'$('7&??&'P(>'M%?(!'$('"&>(?,$,!@ EUQ
!"#$%&'$(')
(*+,$&
!"#
$%&'(&)*+,+"%-&'$.'(&/$%0%&
/.!'$
.'100.
!&2(+,/.'$.'3&44&
*
6#,$*&' ;I ZJ' 7*%>+%R,?(!' 4MR&*",$&*(!' )#>$%,?(!' $(' R*(R,*,+%&>(!' $(' 7&??&' P(>' M%?(!' $(
"&>(?,$,!@ EEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEUZ
-E\ 65;34645; 0'898;6 [89480f'625180f'19818350'4;1 9;8645;8[ 0EEEEEEEEEEEEEEEEEEEEEEEUZ
6#,$*&';I'/.J'6&>$%+%&>(!'$('8++(!&','?&!'7*%>+%R,?(!'4MR&*",$&*(!')#>$%,?(!'$('7&??&' >"(*&
P(>'M%?(!'$('"&>(?,$,!@ EEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEF.
6#,$*&';I'/.J'6&>$%+%&>(!'$('8++(!&','?&!'7*%>+%R,?(!'4MR&*",$&*(!')#>$%,?(!'$('"*&c&!'7&??&
P(>'M%?(!'$('"&>(?,$,!@ EEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEFN
6#,$*&' ;I' //J' 6&>$%+%&>(!' $(' 8++(!&' ,' ?&!' 7*%>+%R,?(!' 4MR&*",$&*(!' )#>$%,?(!' $(
R*(R,*,+%&>(!'$('7&??&'P(>'M%?(!'$('"&>(?,$,!@ EEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEFU
-E\E 807 6150'08;4189450f'65;: ;450'B'19818350' =401 ;1 0' ;19 '[50'7840 0'C8D5
8;8[4040EEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEFQ
-EUE 3 )80'807 6150'9 [ :8;1 0' ;'[80 65;3465; 0'3 '866 05'8[') 9835 EEEEEEEEEEEEF^
N@ 9 65) ;38645; 0'B'65;6[2045; 0 EEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEFZ
6#,$*&';I'/-J'6&>$%+%&>(!'$('8++(!&',' ?&!'7*%>+%R,?(!' ,' ?&!'i#( ?,'8*L(>"%>,' (>a],' +,*>('$(
R&??&'P(>'"&>(?,$,!@EEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEQ/
\@ b2 ;1 0'65;02[18380 EEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEQ\
356157 8993,&:.0"&
'$.'3,&)&0%;
/'$.'4+!'
<*&,"+
0%&/.!'$
.'1=,&+4%)
./"&!'1
,=./"%/
&!
+ ,-./012"",3-4540678.,90:
j*(,J'0(+"&*'(dR&*",$&*'$('+,*>('$('R&??&'$('?,'8*L(>"%>,E
1(M,J' k 012345' 65)789814:5' 3 ' 65;34645; 0' 3 ' 866 05' 8' [50') 968350' 3
=7591864A;'7898'[8'689; '3 '75[[5'3 '[8'89< ;14;8l
3(!"%>,",*%&!J'4>"(L*,>"(!'$('?,'+,$(>,'$('+,*>(',a%,*'$('?,'8*L(>"%>,f'&*%(>",$&!'W,+%,
?,'(dR&*",+%_>E
8>"(!'$('+&M(>c,*f'*(!#?",'>(+(!,*%&'+?,*%H%+,*'(?'&Xe("&'$('(!"#$%&E'7&*'+,*>('$('R&??&
!('(>"%(>$(','?,'+,*>('T'!#XR*&$#+"&!'+&M(!"%X?(!'$(*%a,$&!'%>+?#%$&!'(>'?,!'!%L#%(>"(!
R,*"%$,!'$(?';&M(>+?,$&*J
5-.QE//E.. O 7&??&'P&'L,??%>,@'(>"(*&'H*(!+&'&'*(H*%L(*,$&
5-.QE/-E.. O 7&??&'P&'L,??%>,@'(>"(*&'+&>L(?,$&
.-.QE/NE.. O 1*&c&!'$('7&??&'P&'L,??%>,@'H*(!+&!'&'*(H*%L(*,$&!
.-.QE/\E.. O 1*&c&!'$('7&??&'P&'L,??%>,@'+&>L(?,$&!
/F.-EN-E.. O 7*(R,*,+%&>(!'$('R&??&'P&'L,??%>,@
[,' 8a%+#?"#*,' 8*L(>"%>,' W,' a(>%$&' "*,>!%",>$&f' ,' R,*"%*' $(? ,Y&' -..-f' #>' R*&+(!&' $(
(dR,>!%_>'R*&$#+"%a,'i#('!('W,'!#!"(>",$&'!&X*(' ?,'X,!('$('\'7%?,*(!' H#>$,M(>",?(!J
)(e&*,M%(>"&'$('?,'<(>K"%+,f'C#(>,'8?%M(>",+%_>f'6&>"*&?'0,>%",*%&'T'5R"%M%c,+%_>'$(
?,!'+&>$%+%&>(!'$('),>(e&E
8' >%a(?' R*&$#+"%a&f' ?,' !,?%$,'$(' ?, +&>a(*"%X%?%$,$' +&>' ?,' +&>!(+#(>"(' $(a,?#,+%_>'$(?
R(!&' ,*L(>"%>&' H*(>"(' ,?' $_?,*f' $(>"*&' $(?' M,*+&' $(' #>' +&>e#>"&' $(' M($%$,!
!"#$%&'$(')
(*+,$&
!"#
$%&'(&)*+,+"%-&'$.'(&/$%0%&
/.!'$
.'100.
!&2(+,/.'$.'3&44&
;
L#X(*>,M(>",?(!'M,+*&(+&>_M%+,!','H,a&*'$('?,'R*&$#++%_>'>,+%&>,?'T'!#!"%"#+%_>'$(
%MR&*",+%&>(!f' R(*M%"%(*&>' ,' ?,' ,a%+#?"#*,' ,*L(>"%>,' ,#M(>",*' !#' +&MR("%"%a%$,$' T
L,>,*'(!R,+%&!'",>"&'(>'(?'M(*+,$&'%>"(*>&'+&M&','>%a(?'%>"(*>,+%&>,?E
>'(?'R?,>&'&*L,>%c,+%&>,?'(MR*(!,*%,?f' ?,'"(MR*,>,'$%!+#!%_>f'(?,X&*,+%_>'T',$&R+%_>
$(' #>' k7?,>' !"*,"KL%+&' $(' 6*(+%M%(>"&' R,*,' (?' 0(+"&*' 8a]+&?, -..NO-./.lf' R(*M%"%_
&*$(>,*'"&$,!',i#(??,!',++%&>(!f'R&?]"%+,!'T'M($%$,!'>(+(!,*%,!'R,*,'+*(+(*'!&!"(>%$,'T
!#!"(>",X?(M(>"('+&>'(?'&Xe("&'$('&+#R,*'"&$,'?,'+,R,+%$,$'&+%&!,'R,*,'(?',Y&'-..\'T
+*(+(*','#>,'R,#",'$(?'/.m',>#,?'W,!",'(?',Y&'-./.E
8!:;*%"' <= >? -.,' 0/&!.&@4*%"' ($' A!$%*)*$,&"' BCCDEBC>C' F$,' )*-$/' ($
&",$-.(./G
b#(>"(J'6(>"*&'$(' MR*(!,!'7*&+(!,$&*,!'8a]+&?,!E
3(' (!"(' +*(+%M%(>"&f' ,R*&d%M,$,M(>"(' F' R#>"&!' !(' $(!"%>,*],>' ,' ?,' (dR&*",+%_>' T' \
R#>"&!',?'M(*+,$&'%>"(*>&E
356157 8993,&:.0"&
'$.'3,&)&0%;
/'$.'4+!'
<*&,"+
0%&/.!'$
.'1=,&+4%)
./"&!'1
,=./"%/
&!
7,*,'??(a,*',$(?,>"('(?'M%!M&'H#('>(+(!,*%&'R*&T(+",*'?,!'>(+(!%$,$(!'$('%>a(*!%&>(!'(>
%>H*,(!"*#+"#*,f' (>' %MR&*",+%_>' $(' L(>K"%+,f' (>' H#(>"(!' $(' H%>,>+%,M%(>"&f' (>
,*"%+#?,+%_>' RgX?%+&OR*%a,$,' ,' ?&!' (H(+"&!' $(' &*L,>%c,*' c&>%H%+,+%&>(!f' ?(L%!?,+%&>(!f
&X*,!'RgX?%+,!f',*M&>%c,+%&>(!'!,>%",*%,!f',R(*"#*,'$('M(*+,$&!f'("+E
?'R*&T(+"&'+&>"(MR?,X,'?,'+&>!"*#++%_>'$(J
U..E...'M-'$('L,?R&>(!'R,*,'+*%,>c,'$('R&??&!',>#,?(!E
/..E...'M-'$('L,?R&>(!'R,*,',?&e,*'M,"*%+(!',>#,?(!E
U.'(i#%R&!'>#(a&!'$('MGi#%>,!'$('%>+#X,+%_>'T'>,+($&*,!',>#,?(!E
8MR?%,+%_>'$('?,!'R?,>",!'$('H,(>,'T'+,MX%&!'$('(i#%R,M%(>"&E
6*(,+%_>'$('>#(a,!'!,?,!'$('+&*"(!E
8MR?%,+%_>'T'M&$%H%+,+%_>'$('?,'"(+>&?&L],'$('H*]&E
8MR?%,+%_>' $(' ?,!' HGX*%+,!' $(' ,?%M(>"&' X,?,>+(,$&' T' !#' +,R,+%$,$' $(
,?M,+(>,M%(>"&'$('M,"(*%,!'R*%M,!E
8MR?%,+%_>' T' M&$%H%+,+%_>' $(' ?,!' R?,>",!' $(' R*&+(!,M%(>"&' $(' a]!+(*,!' T
R?#M,!E
8MR?%,+%_>'T'+,MX%&'(>'(?'"*,",M%(>"&'$('(H?#(>"(!E
3%H(*(>"(!'H,+"&*(!',R,?,>+,*&>'(!"('R*&+(!&'?&'i#('$("(*M%>_'i#('R,*,'(?',Y&'-..Qf
!(',?+,>+(>'?&!'a&?gM(>(!'$('R*&$#++%_>'R*&T(+",$&!'R&*'(?'7?,>'R,*,'(?'-./.'PMG!'$(
/fN\'M%??&>(!'$('"&>(?,$,!@E
3(>"*&' $(?' M(*+,$&' %>"(*>&f' ?,' $%!R&>%X%?%$,$' $(' +,*>(' $(' R&??&' R#$&' %*' &+#R,>$&
>#(a&!' (!R,+%&!' T' L,>,*' (>' ?,' R*(H(*(>+%,' $(' ?&!' +&>!#M%$&*(!' i#%(>(!' R,!,*&>' $(
-.VL!'$('+&>!#M&'R(*'+GR%",'P,Y&'-..N@','NNfUVL!'R,*,'(?'-./.E
!"#$%&'$(')
(*+,$&
!"#
$%&'(&)*+,+"%-&'$.'(&/$%0%&
/.!'$
.'100.
!&2(+,/.'$.'3&44&
<
8!:;*%"' <=' B? A",/6)"' 32.!$,&$' BCCDHBC>C' #' !"#$%&.("' BC>I' F$,
J4HK.LH.M"G
b#(>"(J'6(>"*&'$(' MR*(!,!'7*&+(!,$&*,!'8a]+&?,!E
3%H(*(>"(!' H,+"&*(!' e#L,*&>'R,*,' ?&L*,*'(!",'(dR,>!%_>'(>'(?'+&>!#M&E'3('(>"*('(??&!f
"&M,>'*(?(a,>+%,J
?'*("*&+(!&'(>'?,'&H(*",'T'$%!R&>%X%?%$,$'$('+,*>('a,+#>,f'!#M,$&',?',#M(>"&
(>'?&!'R*(+%&!'$('?&!'R*%>+%R,?(!'+&*"(!E
[,'R&?]"%+,'$('L&X%(*>&'$('L,*,>"%c,*'?,'&H(*",','R*(+%&!'X,e&!'$('+,*>('$('R&??&',
"*,aK!'$('#>'!%!"(M, $('*(%>"(L*&!'!&X*('?&!'R*%>+%R,?(!'+&MR&>(>"(!'$(?'+&!"&
$('R*&$#++%_>'P(?'M,]c'T'?,'!&e,@E
[,' +*(+%(>"(' "(>$(>+%,' (>' ?,' ,?%M(>",+%_>' *(!R(+"&'$(?' +&>!#M&'$(' ,?%M(>"&!
>#"*%"%a&!' R(*&' *($#+%$&!' (>' L*,!,!f' ,cg+,*(!' T' $(MG!' (?(M(>"&!
356157 8993,&:.0"&
'$.'3,&)&0%;
/'$.'4+!'
<*&,"+
0%&/.!'$
.'1=,&+4%)
./"&!'1
,=./"%/
&!
R&"(>+%,?M(>"(' >&+%a&! R,*,' ?,' !,?#$f' (+#,+%_>' i#(' R&!%+%&>,' ,?' R&??&
+?,*,M(>"('R&*'(>+%M,'$(?'*(!"&'$('?,!'+,*>(!'Pa,+#>,'T'R&*+%>,@E
>'(?'R?,>&'%>"(*>,+%&>,?f'?,'%**#R+%_>'$('?&!'R,]!(!'(>'$(!,**&??&f'(>'(!R(+%,?'$('6W%>,'T
?,'4>$%,f'+&M&'M&"&*(!'$(?'+*(+%M%(>"&'$('?,'&H(*",'T'$(M,>$,'M#>$%,?'$(',?%M(>"&!f
L(>(*_'#>' a#(?+&' ,' H,a&*'$(' ?,' +,*>('$(' R&??&' +&M&'R*%>+%R,?' H#(>"('$(' +&>!#M&'$(
R*&"(]>,!' ,' >%a(?' M#>$%,?E' 0#!' R*&R%($,$(!' >#"*%"%a,!f' ?,' ,#!(>+%,' $(' X,**(*,!
+#?"#*,?(!S*(?%L%&!,!' T' R*(+%&' ,++(!%X?(!' %MR,+",*&>' H#(*"(M(>"(' (>' ?&!' H?#e&!' $(
+&M(*+%&E
[,',R,*%+%_>'$('a%*#!'nU;/'$(' ?,' %>H?#(>c,',a%,*'(>'(?'0#$(!"('8!%G"%+&f'(!'&"*&'$(' ?&!
H,+"&*(!'i#('%MR#?!,'(!"('(H(+"&'(dR,>!%a&'T,'i#('!,+,'$(?'M(*+,$&'$('(dR&*",+%_>'$(
R*&$#+"& !" !#$%&# ,' 1,%?,>$%,f' #>&' $(' ?&!' R*%>+%R,?(!' (dR&*",$&*(!' M#>$%,?(!E' [,
(dR,>!%_>'$('(!"('a%*#!'(>' ?&!'R,]!(!'$(?'W(M%!H(*%&'>&*"(' "(*M%>,'L(>(*,>$&'R(&*(!
+&>!(+#(>+%,!' !&X*(' ?,' &H(*",' i#(' !&X*(' ?,' $(M,>$,f' ?&' i#(' H%>,?M(>"(' R(*M%"(' ,
>#(!"*&' R,]!f' +&?&+,*' HG+%?M(>"(' ?&!' !,?$&!' (dR&*",X?(!' T' "*,>!H&*M,*!(' (>' >("&
(dR&*",$&*E
!"('(!+(>,*%&f'!('"(*M%>,'+&>a%*"%(>$&'(>'#>,'&R&*"#>%$,$'R,*,'>#(!"*&'!(+"&*'L*,+%,!
?,!'%>a(*!%&>(!'*(,?%c,$,!'$#*,>"('?,'$K+,$,'$('?&!'Z.!f'!&X*('?,'X,!('$(',R(*"#*,'$('?&!
M(*+,$&!' T' ,#!(>+%,' $(' H&+&!' $(' ?,!' R*%>+%R,?(! (>H(*M($,$(!' i#(' ,H(+",>' ?,
+&M(*+%,?%c,+%_>','>%a(?'%>"(*>,+%&>,?'P;(o+,!"?('('4>H?#(>c,'8a%,*@E
1&M,>$&'+&M&'*(H(*(>+%,'(?'R(*]&$&'-..NO-..Zf'(?'!(+"&*'W,'M#?"%R?%+,$&'+,!%'R&*'U'?,!
(dR&*",+%&>(!'(>'"K*M%>&!'$('a&?#M(>'P$('\QE...'"&>(?,$,!','MG!'$('-/.E...@f'T'R&*'Q
(>' +#,>"&' ,' %>L*(!&!' $(' $%a%!,!' P$(' \-' M%??&>(!' $(' $_?,*(!' ,' +,!%' -QU' M%??&>(!' $(
$_?,*(!@E
!"#$%&'$(')
(*+,$&
!"#
$%&'(&)*+,+"%-&'$.'(&/$%0%&
/.!'$
.'100.
!&2(+,/.'$.'3&44&
!"&!'>#(a&!'(!R,+%&!',?+,>c,$&!f',g>'!%L#(>'!%>'&+#R,*'(!R,+%&!'!%L>%H%+,>"(!'$(>"*&
$(?'+&M(*+%&'M#>$%,?E'0%'"(>(M&!'(>'+#(>",'i#('$#*,>"('-..Z'!('+&M(*+%,?%c,*&>'MG!
$(' ^' M%??&>(!' $(' "&>(?,$,!' $(' +,*>(' $(' R&??&f' ,' R*%&*%' (!' R&!%X?(' R*&T(+",*' #>,
(dR,>!%_>'(>'?,'%>!(*+%_>'%>"(*>,+%&>,?'!%>',R,*(>"(!'?%M%",+%&>(!E
0%>'(MX,*L&f'(>'!(R"%(MX*('$('-..^f'$('$(!,",'#>,'R*&H#>$,'+*%!%!' H%>,>+%(*,'$(>"*&
$(' ?,!' R*%>+%R,?(!' (+&>&M],!' $(?' M#>$&' i#(' %MR,+",' !&X*(' ?,'M(+G>%+,' T' H?#e&!' $(?
+&M(*+%&'%>"(*>,+%&>,?'$('X%(>(!f'+&>'+&>!(+#(>+%,!'(>'?,',a%+#?"#*,E
[,' +*%!%!' H%>,>+%(*,' L(>(*,' (>' (?' M#>$&' M&a%M%(>"&!' W,+%,' (?' R*&"(++%&>%!M&f' R&>(
?]M%"(',?',++(!&',?'+*K$%"&'T'(?(a,'(?'>%a(?'$('*%(!L&'(>'?,!'&R(*,+%&>(!'+&M(*+%,?(!E
7,*,'(?'+&M(*+%&'$('+,*>('$('R&??&','>%a(?'M#>$%,?f'?,'+*%!%!'%MR,+",'H#(*"(M(>"('!&X*(
?&!'R*(+%&!'T' +&"%c,+%&>(!f'i#(' !('a(>' *($#+%$,!'W,!",'(>'MG!'$('#>'U.m'$#*,>"(' ?&!
M(!(!'!%L#%(>"(!f +&M&',!]'",MX%K>'!&X*('?&!'a&?gM(>(!'$(M,>$,$&!f'i#('(>"*,>'(>
#>'R(*%&$&'$(',M(!(",M%(>"&E
3(!$(' 0(R"%(MX*(' $(' -..^f' ?&!' H?#e&!' +&M(*+%,?(!' W,>' a(>%$&' *(,+&M&$G>$&!(
?(>",M(>"(f' MG!' R&*' (?' %MR#?!&' $(' ?,' &H(*",' i#(' R&*' (?' $(' ?,' $(M,>$,f' H,+"&*' i#(
$("(*M%>,' #>' ,M(!(",M%(>"&' (>' ?,!' +&"%c,+%&>(!' $(' ?&!' R*%>+%R,?(!' R*&$#+"&!' $(
(dR&*",+%_>' $(>"*&' $(' ?&!' R*%>+%R,?(!'M(*+,$&!' $(' +&>!#M&f' T' L(>(*,' #>,' ,M(>,c,
+&>+*(",'!&X*('?,'+&MR("%"%a%$,$'$(',i#(??,!'(+&>&M],!'&'+?#!"(*!'&*%(>",$&!'W,+%,'?,!
(dR&*",$&*(!E
356157 8993,&:.0"&
'$.'3,&)&0%;
/'$.'4+!'
<*&,"+
0%&/.!'$
.'1=,&+4%)
./"&!'1
,=./"%/
&!
[,' !#X,'$(' ?&!' +&!"&!'$('R*&$#++%_>' P%>!#M&f'M,>&'$('&X*,f ("+E@' R,*,' (?' +,!&'$(' ?,
R*&$#++%_>' $(' +,*>(' $(' R&??&' (>' ?,' 8*L(>"%>,f' !#M,$&' ,?' W(+W&' $(' &+#R,*' *&?
M%>&*%",*%&'T'R&+&'*(?(a,>"('(>'(?'+&M(*+%&'%>"(*>,+%&>,?f'e#>"&'+&>'?,!'?%M%",+%&>(!'$(
L,>,*'(> (!+,?,f'R&>(>'#>'!%L>&'$('%>"(**&L,>"('(>'+#,>"&','?,'+&>"%>#%$,$'(>'(?'7?,>
$('6*(+%M%(>"&'T',X*(>'?,'R&!%X%?%$,$'$('??(a,*','+,X&'"&$&'"%R&'$('(!"#$%&!'('%>H&*M(!
$(',>G?%!%!'i#('R(*M%",>'R(>!,*'(!"*,"KL%+,M(>"('(?'M&$(?&'(dR&*",$&*'$(?'!(+"&*E
?'R*(!(>"(' !"#$%&f'+#T&'&Xe("%a&'(!',>,?%c,*'?,!'+&>$%+%&>(!'$(',++(!&','?&!'M(*+,$&!
$('(dR&*",+%_>'R,*,'?,'+,*>('$('R&??&'$('?,'8*L(>"%>,f'!('&*%(>",'W,+%,'?,'Xg!i#($,'$(
R&"(>+%,?(!'(!R,+%&!'(>'$&>$('M(e&*,*'?,'+&MR("%"%a%$,$'$('>#(!"*,'&H(*",'(dR&*",X?(f
T R&*'(>$(f'?,'!&!"(>%X%?%$,$'$(?'7?,>' !"*,"KL%+&E
!"#$%&'$(')
(*+,$&
!"#
$%&'(&)*+,+"%-&'$.'(&/$%0%&
/.!'$
.'100.
!&2(+,/.'$.'3&44&
!
! "#$%&'(#)*(+,-.-$'/(#)&"
*(0&'*'(0"#)&")-**"#()-)+".*-&(#
,-.-)1-)*-.0")&"),(11(
6&M&'!('M(>+%&>_',>"(*%&*M(>"(f'$(!$('(?',Y&'-..N'i#('(?'!(+"&*',a]+&?,'$('>#(!"*&
R,]!' a%(>(' (dR(*%M(>",>$&' #>' H#(*"( R*&+(!&' $(' (dR,>!%_>' R*&$#+"%a,' T' $(!,**&??&
",>"&'(>'(?'M(*+,$&'%>"(*>&f'+&M&'(>'?,'(dR&*",+%_>E
8'!#'a(cf'!('W%c&'W%>+,R%K'(>'(?'*&?'R*(R&>$(*,>"('i#('"#a&'PT'"%(>('(>'(?'R*(!(>"(@'?,
(?,X&*,+%_>' $(' #>' 7?,>' !"*,"KL%+&' 0(+"&*%,?' +&M&' L#],' T' &*%(>",$&* $(' "&$,!' ?,!
,++%&>(!'T'M($%$,!','"&M,*E
[,' a(*!%_>' ,+"#,?%c,$,' $(?' 7?,>' !"*,"KL%+&' +&>"(MR?,' +&>"%>#,*' +&>' (?' R*&+(!&' $(
(dR,>!%_>' $(' ?,' R*&$#++%_>' $(' +,*>(' $(' R&??&E' 6&M&' a(M&!' MG!' ,X,e&f' !(' (!R(*,
,?+,>c,*'R,*,'(?',Y&'-./Uf'?,!'-f\'M%??&>(!'$('"&>(?,$,!f'#>'N.m'(>'!&?,M(>"('U',Y&!f
$(' ?&!' +#,?(!' /fFN' M%??&>(!' %*G>' ,?' M(*+,$&' %>"(*>&' T' QFFE...' "&>(?,$,!' ,' ?,
(dR&*",+%_>E
356157 8993,&:.0"&
'$.'3,&)&0%;
/'$.'4+!'
<*&,"+
0%&/.!'$
.'1=,&+4%)
./"&!'1
,=./"%/
&!
8!:;*%"' <=' D? -.,' 0/&!.&@4*%"' ($' A!$%*)*$,&"' BCCDEBC>I' F$,' )*-$/' ($
&",$-.(./G
b#(>"(J'6(>"*&'$(' MR*(!,!'7*&+(!,$&*,!'8a]+&?,!E
>'(?'+,!&'$(?'M(*+,$&'%>"(*>&f'!('(!"%M,'!(L#%*G'+*(+%(>$&','*,c_>'$('/VLS/fUVL'R&*
W,X%",>"(' ,Y&f' (!"&' (!' (>"*(' \.' T' F.E...' "&>(?,$,!' MG!' $(' R&??&' R&*' ,Y&f' +&>' #>,
(dR(+","%a,'$('\.'VL'+&M&'+&>!#M&'R(*'+GR%",'(>'-./UE
;#(!"*&' R,]!' W%!"_*%+,M(>"(' "%(>(' #>' +&>!#M&' $(' /..' V%?&L*,M&!' $(' +,*>(' R&*' ,Y&f
W(+W&'i#(' ?&'R&!%+%&>,'+&M&'!(L#>$&',+"&*','(!+,?,'M#>$%,?f' !_?&'R&*'$(X,e&'$(' ?&!
!",$&!'2>%$&!f'$(!",+G>$&!('(?'+&>!#M&'$('+,*>('a,+#>,E
0%>' (MX,*L&f' (>' (!"&!' g?"%M&!' U' ,Y&!f' >#(!"*&' R,]!' W,' +&M(>c,$&' ,' ,+(*+,*!(' ,' ?&!
>%a(?(!'$(' +&>!#M&'$(?' *(!"&'$(' ?&!'R,]!(!' +&>!#M%$&*(!'$(' +,*>(!E' >'(?' +,!&'$(' ?,
+,*>(' a,+#>,f' W,>' $(!+(>$%$&' !#!' >%a(?(!' R,!,>$&' $(' Q.' V%?&L*,M&!' R(*' +GR%",' ,' UU
!"#$%&'$(')
(*+,$&
!"#
$%&'(&)*+,+"%-&'$.'(&/$%0%&
/.!'$
.'100.
!&2(+,/.'$.'3&44&
*
R,*,' (?' -.//E' Bf' (>' (?' +,!&' $(' ?,' +,*>(' $(' R&??&f' +&M&'M#(!"*,' (?' <*GH%+&';I Nf' W,>
,#M(>",$&'!#R(*,>$&'?&!'NN'V%?&L*,M&!'R(*'+GR%",'R&*',Y&f'R&!%+%&>G>$&?&'$(>"*&'$(
?&!'N'R*%>+%R,?(!'+&>!#M%$&*(!'$('(!",'+,*>(E
8!:;*%"'<='N? A",/6)"' $!' A:2*&.' ($' 2!"&$9,./' .,*).-$/' $,' -"/' 2.9/$/' ($-
)6,("'BCCO
b#(>"(J'3(R,*",M(>"&'$('8L*%+#?"#*,'$('?&!' !",$&!'2>%$&!E
9(!R(+"&' $(' ?,!' (dR&*",+%&>(!f' !(' R*&T(+",' !%L,>' +*(+%(>$&' +&>' H#(*c,' $#*,>"(' ?&!
R*_d%M&!',Y&!'R,*,'??(L,*','+,!%'$#R?%+,*!('(?'!,?$&'(dR&*",X?('R,*,'(?'-./UE
6&M&'!('M(>+%&>_'(>'?,'%>"*&$#++%_>f'(d%!"(>'#>,'!(*%('$('$(X%?%$,$(!'%>"(*>,!'+&M&
$(' ,M(>,c,!' (d"(*>,!' i#(' !(*G' >(+(!,*%&' "(>(*'M#T' (>' +#(>",' ,' ?,' W&*,' $(' R(>!,*
(!"*,"KL%+,M(>"(' (?' H#"#*&' $(?' !(+"&*f' H#>$,M(>",?M(>"(' (?' &*%(>",$&' W,+%,' ?,
(dR&*",+%_>E
356157 8993,&:.0"&
'$.'3,&)&0%;
/'$.'4+!'
<*&,"+
0%&/.!'$
.'1=,&+4%)
./"&!'1
,=./"%/
&!
8'"*,aK!'$(?',>G?%!%!'!&X*('(?',++(!&',' ?&!'R*%>+%R,?(!'M(*+,$&!'$('(dR&*",+%_>'R,*,' ?,
+,*>('$('R&??&'$('>#(!"*&'R,]!f'!('(!R(*,'R&$(*',R&*",*'#>'(?(M(>"&','"(>(*'(>'+#(>",
,' ?,' W&*,' $(' R?,>%H%+,*' (!"*,"KL%+,M(>"(' ,++%&>(!' $(' R*&M&+%_>' TS&' $(' >(L&+%,+%_>
%>"(*>,+%&>,?E
!"('+,R]"#?&'+&M(>c,*G'+&>'(?',>G?%!%!'T'R*(!(>",+%_>'$('?&!'R*%>+%R,?(!'%>$%+,$&*(!'$(?
!(+"&*','>%a(?'>,+%&>,?E'8'R&!"(*%&*%f'!('$(!,**&??,*G>'?&!'R*%>+%R,?(!'%>$%+,$&*(!'T'*&?'$(
?&!' R*%>+%R,?(!' ,+"&*(!' ,' >%a(?' %>"(*>,+%&>,?E' Bf' R&*' g?"%M&f' !(' R*(!(>",*G' #>' ,>G?%!%!
+&MR,*,$&'(>"*('?&!'U'R*%>+%R,?(!'(dR&*",$&*(!'Pe#>"&'+&>'?,'8*L(>"%>,@'$(>"*&'$('?&!
R*%>+%R,?(!'M(*+,$&!'$('%MR&*",+%_>E
!"!# $%&'())*+,-.%/0,1*,2-'0 32%,0-'0-$&44&
!' R&!%X?(' !%"#,*' ,?*($($&*' $(' /ZF.' (?' >,+%M%(>"&' $(' ?,' ,a%+#?"#*,' %>$#!"*%,?' (>
8*L(>"%>,E
6&>'?,!'?]>(,!'W]X*%$,!'P1&MR!&>f'8*X&*'8+*(!f'6&XXf'7%?+Wf'9&!!f'nT?%>(f'p#((>f'0W,a(*@
??(L,*&>'?&!'R?,>&!'R,*,'?,'+&>!"*#++%_>'$('?&!'L,?R&>(!'$&>$(',?&e,*'T'+*%,*'?,!',a(!f'?,!
e,#?,!'$&>$('R&>(*'?,!'L,??%>,!'kR&>($&*,!lE
7&*',i#(?'(>"&>+(!'(*,>'L%L,>"(!+,!'MGi#%>,!'$('%>+#X,*'+&>'+,R,+%$,$'R,*,'/..E...
W#(a&!'M(>!#,?(!'i#(',MR?%,X,>'(?' R,*i#('(d%!"(>"('$('MGi#%>,!'$('QE...f'/\E...f
-\E...f'T'F.E...E
!",!'?]>(,!'$(M,>$,X,>'$('#>',?%M(>"&',+&*$('+&>'!#'+,R,+%$,$'$('+*(+%M%(>"&'R&*'?&
i#('(!"('$(X],'!(*'kX,?,>+(,$&l',' ?,!' HGX*%+,!' ?&+,?(!'i#('R*&$#+],>'R,*,' ?,' %>$#!"*%,
!"#$%&'$(')
(*+,$&
!"#
$%&'(&)*+,+"%-&'$.'(&/$%0%&
/.!'$
.'100.
!&2(+,/.'$.'3&44&
;
(d%!"(>"(' P:%"&!,>f'<,>,a(f' 7*&a%",f' 0,L(M#??(*f' ("+E@' !(' %>+&*R&*,*&>' +&>' "(+>&?&L],f
"K+>%+&!'T'>#(a&!'+&>+(R"&!'?,!'HGX*%+,!'$('7#*%>,'T'6,*L%??E
?'+&>!#M&'i#('(*,'$('\'V%?&L*,M&!',Y&'R,!_','^'VL'R,*,'/ZFU'T'!('!%"#,X,'(>'/.'VL'(>
/ZQ.E' ?'R&??&f'#>'R*&$#+"&'+&>!#M%$&'(>'H%(!",!'T'&+,!%&>(!'(!R(+%,?(!f'+&M(>c,X,',
%>+&*R&*,*!(' ,' ?,' $%(",' +,!%' ,?' *%"M&' $(' #>,' a(c' R&*' !(M,>,' R&*' H,M%?%,E' ?' R*(+%&' !(
,+(*+,X,' ,?' $(' ?,' +,*>(' X&a%>,' T' R,*,' ?,' L(>"(' (*,' +&M&' "(>(*' ,++(!&' ,' #>' $(!(&
R&!"(*L,$&'R&*',Y&!E
[&!'L,?R&>(!'!('M#?"%R?%+,X,>f' >"*('9]&!'(*,'?]$(*'(>'?,'"*,>!H&*M,+%_>'T'C#(>&!'8%*(!
$(!+#X*],' (!",' %>$#!"*%,' ",>"&' (>' R&??&!' +&M&' W#(a&!f' ?&!' +#(??&!' $(' X&"(??,
+&M(>c,X,>',',R,*(+(*f'(?' !%!"(M,'+&M(*+%,?'$(',+&R%&'T')(*+,$&'6&>+(>"*,$&*f'>&
*(!%!"],'?,'&H(*",'R(*&'",MR&+&'*(!%!"],'(!",'%>$#!"*%,'i#(',W&*,'"(>],'+&!"&!'T'X#!+,X,
R*&$#+"%a%$,$'T'+&MR("%"%a%$,$'R,*,'L,>,*'(!R,+%&'H*(>"(','?,'+,*>('*&e,E
?' +*(+%M%(>"&' +&>"%>#,X,' T' T,' (>' ?&!' Q.' ?,' R*&$#++%_>' !(' ,+(*+,X,' ,' ?&!' /-' qL' R&*
W,X%",>"(S,Y&E
>"*(' /ZQF' T' /Z^N' (?' !(+"&*' i#($_' M,T&*%",*%,M(>"(' %>"(L*,$&' a(*"%+,?M(>"(
R*&$#+%K>$&!('?&!'W#(a&!'HK*"%?(!f'?&!'R&??%"&!'CCf'(?',?%M(>"&'T'"(*+(*%c,>$&'(?'+#%$,$&
T'?,'L#,*$,'(>'?&!'+*%,$&*(!'%>"(L*,$&!'R,*,'?#(L&'H,(>,*'T'+&M(*+%,?%c,*'(?'R*&$#+"&E
!"('>#(a&'+&>+(R"&'R*&$#+"%a&'R(*M%"%_'+&>"%>#,*' %>+*(M(>",>$&'?,'&H(*",','R*(+%&!
,"*,+"%a&!',?'+&>!#M%$&*'H%>,?f'i#('?&'%>+&*R&*,','!#'$%(",'$%,*%,E
356157 8993,&:.0"&
'$.'3,&)&0%;
/'$.'4+!'
<*&,"+
0%&/.!'$
.'1=,&+4%)
./"&!'1
,=./"%/
&!
3#*,>"(' ?,' $K+,$,' $(?' Z.f' ?,' R*&$#++%_>' ,*L(>"%>,' !(' (>H*(>"_' +&>' (? $(!,H]&' $(
%>+&*R&*,*'"(+>&?&L],f'!#M,*'%>H*,(!"*#+"#*,'T'R&*'(>$('L,>,*'(>'(!+,?,E'0%>'(MX,*L&f
?,'+&>+(>"*,+%_>'$('?,'&H(*",'(>'(?'M(*+,$&'%>"(*>&'%MR%$%_'+&>!&?%$,*','?,!'%>$#!"*%,!
H,(>,$&*,!'$('(!"('R*&$#+"&E
6&M&' !(' M(>+%&>_' $(>"*&' $(' ?,' %>"*&$#++%_>f' H#(' ,' R,*"%*' $(?' -..Nf' i#(' (?' !(+"&*
+&M%(>c,' ,' H#>+%&>,*' +&M&' +?#!"(*f' T' R&*' (>$(f' ,' (dR,>$%*!(' !&!"(>%X?(' T
!#!"(>",X?(M(>"(f' T,' >&' !&?&' $(>"*&' $(?' M(*+,$&' %>"(*>&f' !%>&' H#(*"(M(>"(' (>' ?,
(dR&*",+%_>f' L(>(*,>$&' *(+#*!&!' !&X*(' ?,!' (+&>&M],!' *(L%&>,?(! T' (?' R,]!' (>' !#
+&>e#>"&f' L*,+%,!' ,' ?,' "*,>!H&*M,+%_>' $(' M,"(*%,!' R*%M,!' R&*' R*&$#+"&' +&>' a,?&*
,L*(L,$&E
!"!2!# $%*,)*52406-7&,26-$%&'()1&%26
6&M&' !(' M(>+%&>_' (>' (?' R#>"&' ,>"(*%&*f' (?' $(!,**&??&' %>$#!"*%,?' $(' ?,' ,a%+#?"#*,
,*L(>"%>,f' "#a&' +&M&' +(>"*&' , ?,' 7*&a%>+%,' $(' >"*(' 9]&!f' (dR,>$%K>$&!(
R&!"(*%&*M(>"('$(>"*&'$('?,'7*&a%>+%,'$('C#(>&!'8%*(!E
!",!' 7*&a%>+%,!' H&*M,>' R,*"(' $(' ?,' 9(L%_>' $(' ?,' 7,MR,'ngM($,' T' [%"&*,?f' $&>$(' !(
!%(MX*,>'T'+&!(+W,>'?,!'/..'M%??&>(!'$('"&>(?,$,!'$('L*,>&!'i#('?,'8*L(>"%>,'R*&$#+(E
[&!'R*%>+%R,?(!'(!",X?(+%M%(>"&!'$('H,(>,'(!"G>'!%"#,$&!'$(>"*&'$('#>'*,$%&'$('N..S\..
V%?_M("*&!' +#,$*,$&!' $&>$(' +&>H?#T(>' ?,!' W%$*&a],!' MG!' %MR&*",>"(!' $(?' R,]!' P*]&
7,*,>G'T'2*#L#,T@'i#('$(!(MX&+,>'(>'(?'7#(*"&'$('C#(>&!'8%*(!'T'(?'9]&'$('[, R?,",E
!"#$%&'$(')
(*+,$&
!"#
$%&'(&)*+,+"%-&'$.'(&/$%0%&
/.!'$
.'100.
!&2(+,/.'$.'3&44&
<
!"(' $(!,**&??&' (!' #>,' a(>",e,' +&MR,*,"%a,' R,*,' >#(!"*&' R,]!' T,' i#(' #>&' $(' ?&!
R*%>+%R,?(!' +&MR&>(>"(!' $(?' +&!"&' !&>' ?,!' M,"(*%,!' R*%M,!' i#(' H&*M,>' R,*"(' $(' ?,
,?%M(>",+%_>'$('?,!',a(!'PR*%>+%R,?M(>"('M,]c'T',?L&'$('!&e,'T'!#XR*&$#+"&!@E
> +#,>"&','?&!'$,"&!'*(!R(+"&'$('?,'R*&$#++%_>'"&",?'R&*'R*&a%>+%,f'a(M&!'i#('(?'\FfFm
$('?,'H,(>,'!('+&>+(>"*,'$(>"*&'$('?,'7*&a%>+%,'$(' >"*('9]&!f'&"*&'\/fUm'$(>"*&'$('?,
7*&a%>+%,'$('C#(>&!'8%*(!E
?' *(!"&' $(' ?,' R*&$#++%_>' !(' &*%L%>,' (>' 6_*$&X,' P\f\m@f 0,>",' bK' P\fNm@' T' 9]&';(L*&
PNf-m@E
356157 8993,&:.0"&
'$.'3,&)&0%;
/'$.'4+!'
<*&,"+
0%&/.!'$
.'1=,&+4%)
./"&!'1
,=./"%/
&!
8!:;*%"'<='I? .!&*%*2.%*+,'2"!' !"P*,%*.'($'-.'Q.$,.'R"&.-
b#(>"(J' ?,X&*,+%_>'R*&R%,'(>'X,!(','$,"&!'$(?'0 ;808E
6&M&'a%M&!'(>'(?',R,*",$&',>"(*%&*f'(?'$(!,**&??&'$('?,'L(>K"%+,'&+#R,'#>'*&?'$('L*,>
*(?(a,>+%,'$(>"*&'$('?,'+,$(>,E' !",'+&M%(>c,'+&>'?,!'L*,>e,!'$(',X#(?&!f'i#('!&>'?,!
,a(!'i#('R&!((>'?&!'*,!L&!'L(>K"%+&!'$('%>"(*K!'R,*,'?,'%>$#!"*%,'i#(f'+&M&'*(!#?",$&
$('!#'+*#c,f'$,>'>,+%M%(>"&','?&!'*(R*&$#+"&*(!f'i#%(>(!f',?'%L#,?'i#('+&>'?&!',X#(?&!f
!(*G>' ,?&e,$&!' (>' L,?R&>(!' $('MGd%M,' X%&!(L#*%$,$' R,*,' R*&$#+%*' R&??%"&!' X(X(' i#(
!(*G>' (>L&*$,$&!' (>' ?&!' L,?R&>(!' i#(' +%*+#>!+*%X(>' ,' ?,!' R?,>",!' $(' H,(>,' T' i#(
H%>,?M(>"('!(*G>'H,(>,$&!'R,*,'!#'+&>!#M&'(>'!#!'$%a(*!,!'H&*M,!E
!"#$%&'$(')
(*+,$&
!"#
$%&'(&)*+,+"%-&'$.'(&/$%0%&
/.!'$
.'100.
!&2(+,/.'$.'3&44&
=
>' +#,>"&' ,' ?&!' H#"#*&!' $(!,**&??&!f' !(' R*&T(+",' i#(' &+#**,>' (>' (?' *(!"&' $(' ?,!
R*&a%>+%,!'i#('R*&$#+(>'+(*(,?(!'T'&?(,L%>&!,!'P6_*$&X,f'6W,+&'T'0,?",@f'+&>'(?'&Xe("&
$('"*,>!H&*M,*?,!'(>'+,*>('T',L*(L,*?(!'a,?&*E
[,' ?&L]!"%+,f' !&X*("&$&'(>'+#,>"&',' ?,' !,?%$,',' ?&!'R#(*"&!f' !(*G'#>&'$(' ?,! +#(!"%&>(!
MG!'*(?(a,>"(!','"(>(*'(>'+#(>",E
!"!8!# 9*:0406-'0-$%&'())*+,
6&M&'!('M(>+%&>_'(>'?,'4>"*&$#++%_>f'(?'!(+"&*',a]+&?,',"*,a(!_'#>'H#(*"('R*&+(!&'$(
(dR,>!%_>'R*&$#+"%a,','R,*"%*'$(?',Y&'-..NE
5X!(*a,>$&'(?'<*GH%+&'$('MG!',X,e&f'!('a(*%H%+, +&M&'?,'R*&$#++%_>'$('+,*>('$('R&??&
R*G+"%+,M(>"('!('$#R?%+_'(>'Q',Y&!f',?+,>c,>$&'?,!'/fNUU'M%??&>(!'$('"&>(?,$,!E
356157 8993,&:.0"&
'$.'3,&)&0%;
/'$.'4+!'
<*&,"+
0%&/.!'$
.'1=,&+4%)
./"&!'1
,=./"%/
&!
8!:;*%"' <= S? !"(6%%*+,' ($' A.!,$' ($' "--"' $,' -.' 3!4$,&*,.' F$,' )*-$/' ($
&",$-.(./G
b#(>"(J' ?,X&*,+%_>'R*&R%,'(>'X,!(','$,"&!'$('0 ;808E
>' +#,>"&' ,' ?,' +,>"%$,$' $(' ,a(!' H,(>,$,!' R&*' ,Y&f' (?' +*(+%M%(>"&' ",MX%K>' W,' !%$&
!%M%?,*f'(a%$(>+%,>$&'?,'L*,>'+,>"%$,$'$('%>a(*!%&>(!'??(a,$,!','+,X&'R,*,',?&e,*','(!,!
,a(!f',?%M(>",*?,!f' "*,>!R&*",*?,!f' H,(>,*?,!'T' "*&c,*?,!'T'R*(R,*,*?,!'!(Lg>'!#'$(!"%>&
H%>,?E
!"#$%&'$(')
(*+,$&
!"#
$%&'(&)*+,+"%-&'$.'(&/$%0%&
/.!'$
.'100.
!&2(+,/.'$.'3&44&
=!
8!:;*%"'<='T? Q.$,.'($' "--"'$,'-.'3!4$,&*,.'F$,')*--",$/'($'%.L$U./G
b#(>"(J' ?,X&*,+%_>'R*&R%,'(>'X,!(','$,"&!'$('0 ;808E
>' +#,>"&' ,' ?,!' (MR*(!,!' i#(' H&*M,>' R,*"(' $(' (!"(' $(!,**&??&' R*&$#+"%a&f' (!
%MR&*",>"(' $(!",+,*' ,'<*,>e,' 1*(!' 8**&T&f 9,!%+'n(*M,>&!' T' 0&T+WgE' !",!' (MR*(!,!
H,(>,*&>'$#*,>"('-./.'+,!%'(?'\.m'$('?,'R*&$#++%_>'"&",?E
?'F.m'*(!",>"('!('(>+#(>"*,'$%!"*%X#%$&'(>"*(',R*&d%M,$,M(>"('F.' !",X?(+%M%(>"&!',
?&'?,*L&'$('?,!'7*&a%>+%,!'R*&$#+"&*,!E
?' !%L#%(>"(' (!i#(M,' R*("(>$( (!i#(M,"%c,*' (?' H#>+%&>,M%(>"&' $(' ?,' +,$(>,' $(
,X,!"(+%M%(>"&'R,*,'?,'+&M(*+%,?%c,+%_>'$('?,'+,*>('$('R&??&'(>'>#(!"*&'R,]!E
356157 8993,&:.0"&
'$.'3,&)&0%;
/'$.'4+!'
<*&,"+
0%&/.!'$
.'1=,&+4%)
./"&!'1
,=./"%/
&!
!'%MR&*",>"('*(!,?",*'?,'H#(*"('%>"(L*,+%_>'a(*"%+,?'i#('*%L('(>'(?'!(+"&*E'[,!'R*%>+%R,?(!
(MR*(!,!'>&'!&?&'!&>'$#(Y,!'$('?&! H*%L&*]H%+&!'$('H,(>,f'!%>&'i#('(>',?L#>&!'+,!&!'P?,!
(MR*(!,!'MG!'L*,>$(!@'",MX%K>'!&>'$#(Y,!'$(' ?,'L(>K"%+,'(>'?&!',X#(?&!f'a,*%,!'MG!
!&>'$#(Y,!'$('?,!'*(R*&$#+"&*,!'T'$('?,'R*&$#++%_>'$(?',?%M(>"&'X,?,>+(,$&E
8'!#'a(cf' ?,!'R*%>+%R,?(!'(MR*(!,!'",MX%K>'R&!((>'!#'R*&R%,'*($'$('+,M%&>(!'R,*,'(?
"*,>!R&*"('$('"&$&!' ?&!' %>!#M&!f'+&M&'$(?'"*,>!R&*"('W,+%,' ?&!'R*%>+%R,?(!'+,>,?(!'$(
+&M(*+%,?%c,+%_>E
!",!'(MR*(!,!'",MX%K>'!&>'$#(Y,!'$('#>,'R,*"('P!%(MR*('M%>&*%",*%,@'$('?&!'L,?R&>(!
R*&R%,M(>"('$('(>L&*$(E
!"#$%&'$(')
(*+,$&
!"#
$%&'(&)*+,+"%-&'$.'(&/$%0%&
/.!'$
.'100.
!&2(+,/.'$.'3&44&
=*
[,' M,T&*' R,*"(' $(' (!"&!' L,?R&>(!' $(' (>L&*$(' R(*"(>(+(>' ,' "(*+(*&!' i#(' #"%?%c,>
(!R,+%&!'&+%&!&!'(>'!#!'+,MR&!'R,*,' ??(a,*','+,X&'(!",',+"%a%$,$E'7&*' ?&'L(>(*,?f'(??&!
$%!R&>(>'$(?'?#L,*'T'!(',!&+%,>'+&>'#>,'(MR*(!,'H,(>,$&*,'i#%K>'?('R,L,'R&*'(?'!(*a%+%&
$('+#%$,$&'T'(>L&*$(f'T'i#%(>'?('R*&a(('$('"&$&!'?&!'%>!#M&!'>(+(!,*%&!'R,*,'??(a,*',
+,X&'(!",',+"%a%$,$f'R,LG>$&?('#>'+,>&>'&'R*%M,'!(Lg>'?,'M&*",?%$,$'T'R(!&',?+,>c,$&E
5"*&' ,!R(+"&' i#(' a,' $(' ?,' M,>&' +&>' ?,' %>"(L*,+%_>' T' W,+(' ,?' Kd%"&' $(' (!",f' (!' (?
+&>+(R"&'$('R'ke#!"' %>'"%M(lf'i#('!%L>%H%+,'i#('?,'R*&$#+"%a%$,$'(!"G'+&>$%+%&>,$,f'>&
!&?&'R&*'?,'(!+,?,f'!%>&'R&*'(?'*GR%$&'H?#e&'$(>"*&'$('?,'+,$(>,'$(',X,!"(+%M%(>"&E
8'+&>"%>#,+%_>f'!('R*(!(>",'(?'!%L#%(>"('(!i#(M,'+&>'(?'&Xe("&'$('"(>(*'#>,'$%M(>!%_>
$(?' >(L&+%&' i#(' %>a&?#+*,' ,' ?,' R*&$#++%_>' $(' +,*>(' $(' R&??&' (>' ?,' 8*L(>"%>,' T' i#(f
$#*,>"('-..^f'H,+"#*_'+,!%'/E^..'M%??&>(!'$('$_?,*(!E
356157 8993,&:.0"&
'$.'3,&)&0%;
/'$.'4+!'
<*&,"+
0%&/.!'$
.'1=,&+4%)
./"&!'1
,=./"%/
&!
7&*' g?"%M&f' *(!#?",' ",MX%K>' >(+(!,*%&' R*(!(>",*' ,' "&$&!' ,i#(??&!' !#X!(+"&*(!
P%>$#!"*%,!@'a%>+#?,$&!'+&>'?,'R*&$#++%_>'$('+,*>('$('R&??&f'i#('",MX%K>'R,*"%+%R,>'$(
(!"('>(L&+%&f'L(>(*,>$&'a,?&*'T'$(!,**&??&','?,!'*(L%&>(!'i#('?,!'+&MR&>(>E
!"!)! ;<5&%12)*&,06
6&M&'!('M(>+%&>_'(>'?,'4>"*&$#++%_>f'#>&'$('?&!'(?(M(>"&!'i#('"*,++%&>_'H#(*"(M(>"(
(!"(' R*&+(!&' $( (dR,>!%_>' R*&$#+"%a,' H#(*&>' ?,!' (dR&*",+%&>(!' $(' +,*>(' $(' R&??&' T
!#XR*&$#+"&!'+&M(!"%X?(!E
!"#$%&'$(')
(*+,$&
!"#
$%&'(&)*+,+"%-&'$.'(&/$%0%&
/.!'$
.'100.
!&2(+,/.'$.'3&44&
=;
1&M,>$&'+&M&'*(H(*(>+%,'(?'R(*]&$&'-..NO-..Zf'(?'!(+"&*'W,'M#?"%R?%+,$&'+,!%'R&*'U'?,!
(dR&*",+%&>(!'(>'"K*M%>&!'$('a&?#M(>'P$('\QE...'"&>(?,$,!','MG!'$('-/.E...@f'T'R&*'Q
(>' +#,>"&' ,' %>L*(!&!' $(' $%a%!,!' P$(' \-' M%??&>(!' $(' $_?,*(!' ,' +,!%' -QU' M%??&>(!' $(
$_?,*(!@E
8!:;*%"' <=' O? 012"!&.%*",$/' ($' A.!,$' ($' "--"' ($' -.' 3!4$,&*,.' .-' 56,("
BCCDHBCCV
b#(>"(J' ?,X&*,+%_>'R*&R%,'(>'X,!(','$,"&!'$('1*,$(M,RE
[,'+&MR("%"%a%$,$'i#('&X"#a&'(?'!(+"&*'R&*'?,'!,?%$,'$('?,'+&>a(*"%X%?%$,$f'(>'(?'M,*+&
$(' #>' 7?,>' !"*,"KL%+&' $(' 6*(+%M%(>"&' (?,X&*,$&' T' (e(+#",$&' $(!$(' (?' !(+"&*' (>' !#
+&>e#>"&f' R(*M%"%_' R&$(*' ,$M%>%!"*,*' ?&!' !"&+V!' T' +&?&+,*' (>' "(*+(*&!' M(*+,$&!' ?&!
(d+($(>"(!','?, R*&$#++%_>f'R*&"(L%(>$&'(?'>(L&+%&'$(>"*&'$(?'M(*+,$&'%>"(*>&E
356157 8993,&:.0"&
'$.'3,&)&0%;
/'$.'4+!'
<*&,"+
0%&/.!'$
.'1=,&+4%)
./"&!'1
,=./"%/
&!
>' ,Y&!' ,>"(*%&*(!' ,?' -..Nf' (?' M(*+,$&' $(?' R&??&' "(>],' #>' R#>"&' $(' (i#%?%X*%&' i#(
%MR($],' %>+*(M(>",*' ?,'&H(*",'!%>'R&*'(??&'$(**#MX,*' ?&!'R*(+%&!' PH#(*"('(?,!"%+%$,$@'T
R&>(*'(>'R(?%L*&'?,'*(>",X%?%$,$'$(?'>(L&+%&E
[,' ,R(*"#*,' W,+%,' "(*+(*&!'M(*+,$&!f' R(*M%"%_' R&$(*' %*' L,>,>$&' (!R,+%&!' $(>"*&' $(?
M(*+,$&'%>"(*>&'!%>'R&*'(??&',"(>",*'+&>"*,'?,'*(>",X%?%$,$'$(?'>(L&+%&E
6&M&'T,'!('M(>+%&>_f'?,'%**#R+%_>'$('?,!'(+&>&M],!'(>'$(!,**&??&f'(>'(!R(+%,?'$('6W%>,
T'?,'4>$%,f'+&M&'M&"&*(!'$(?'+*(+%M%(>"&'$('?,'&H(*",'T'$(M,>$,'M#>$%,?'$(',?%M(>"&!f
L(>(*_'#>' a#(?+&' ,' H,a&*'$(' ?,' +,*>('$(' R&??&' +&M&'R*%>+%R,?' H#(>"('$(' +&>!#M&'$(
R*&"(]>,!' ,' >%a(?' M#>$%,?E' 0#!' R*&R%($,$(!' >#"*%"%a,!f' ?,' ,#!(>+%,' $(' X,**(*,!
+#?"#*,?(!S*(?%L%&!,!' T' R*(+%&' ,++(!%X?(!' %MR,+",*&>' H#(*"(M(>"(' (>' ?&!' H?#e&!' $(
+&M(*+%&E
[,',R,*%+%_>'$('a%*#!'nU;/'$(' ?,' %>H?#(>c,',a%,*'(>'(?'0#$(!"('8!%G"%+&f'(!'&"*&'$(' ?&!
H,+"&*(!'i#('%MR#?!,'(!"('(H(+"&'(dR,>!%a&'T,'i#('!,+,'$(?'M(*+,$&'$('(dR&*",+%_>'$(
R*&$#+"& !"!#$%&# ,'1,%?,>$%,f'#>&'$('?&!'R*%>+%R,?(!'(dR&*",$&*(!'M#>$%,?(!E
!"('(!+(>,*%&f'!('"(*M%>,'+&>a%*"%(>$&'(>'#>,'&R&*"#>%$,$'R,*,'>#(!"*&'!(+"&*'L*,+%,!
?,!'%>a(*!%&>(!'*(,?%c,$,!'$#*,>"('?,'$K+,$,'$('?&!'Z.!f'!&X*('?,'X,!('$( ,R(*"#*,'$('?&!
M(*+,$&!' T' ,#!(>+%,' $(' H&+&!' $(' ?,!' R*%>+%R,?(!' (>H(*M($,$(!' i#(' ,H(+",>' ?,
+&M(*+%,?%c,+%_>','>%a(?'%>"(*>,+%&>,?'P;(o+,!"?('('4>H?#(>c,'8a%,*@E
>' *(?,+%_>' ,' ?,' ,R(*"#*,' $(' M(*+,$&!f' (e(' R*%>+%R,?' $(' (!"(' %>H&*M(f' (!' R*(+%!&
M(>+%&>,*'i#('>#(!"*&'R,]!'R#$&'+&?&+,*'!#!'R*&$#+"&!'(>'MG!'$('F.'R,]!(!',?*($($&*
$(?'M#>$&f',#>i#('(>'M#+W&!'+,!&!'+&>'a&?gM(>(!'R(i#(Y&!E
!"#$%&'$(')
(*+,$&
!"#
$%&'(&)*+,+"%-&'$.'(&/$%0%&
/.!'$
.'100.
!&2(+,/.'$.'3&44&
=<
!"&!'>#(a&!'(!R,+%&!',?+,>c,$&!f',g>'!%L#(>'!%>'&+#R,*'(!R,+%&!'!%L>%H%+,>"(!'$(>"*&
$(?'+&M(*+%&'M#>$%,?f'"&M,>$&'+&M&'*(H(*(>+%,'i#('$#*,>"('-..Z'!('+&M(*+%,?%c,*&>
MG!'$('^'M%??&>(!'$('"&>(?,$,!'$('+,*>('$('R&??&E
1&M,>$&'+&M&'*(H(*(>+%,',?'+&>e#>"&'$('?,!'(dR&*",+%&>(!' %>+?#%$,!'$(>"*&'$(?'*#X*&
+,*>('$('R&??&f'R&$(M&!'&X!(*a,*'i#('(>'"K*M%>&!'$('a&?#M(>f'$#*,>"('(?',Y& -..Zf
#>' /Qm' $(' ?,!' (dR&*",+%&>(!' "#a%(*&>' +&M&' $(!"%>&' ,' 6W%>,' PH#>$,M(>",?M(>"(' $(
L,**,!@f' &"*&' /Qm' ,' 6W%?(' PR&??&' (>"(*&' R*%>+%R,?M(>"(@f' #>' /Um' ,' 0#$GH*%+,' PR&??&
(>"(*&f' +#,*"&!' "*,!(*&!' T' &"*&!' !#XR*&$#+"&!@f' &"*&' //m' ,' ?,' 2 ' PR*%>+%R,?M(>"(
R(+W#L,!@f' #>' Qm' ,' :(>(c#(?,' PR&??&' (>"(*&@' T' (?' *(!"&' $(?' !,?$&' !(' $%!"*%X#T_' (>"*(
R,]!(!'G*,X(!f'9#!%,'T'n&>L'q&>LE
356157 8993,&:.0"&
'$.'3,&)&0%;
/'$.'4+!'
<*&,"+
0%&/.!'$
.'1=,&+4%)
./"&!'1
,=./"%/
&!
>' "K*M%>&!' $(' %>L*(!&' $(' $%a%!,!f' +?,*,M(>"(' ?,' 2 ' (!+,?,' (>' R&!%+%&>(!' T,' i#(' (?
R*&$#+"&' i#(' +&MR*,f' R(+W#L,!' +&>L(?,$,!' %>' >,"#*,' T' R*(R,*,$,!f' (!' (?' $(' M,T&*
a,?&*E'6W%>,'(!'",MX%K>'#>'M(*+,$&'$('a,?&*f'H#>$,M(>",?M(>"('R&*i#('>&!'+&MR*,'?,
"&",?%$,$'$('L,**,!'i#('R*&$#+%M&!f'T'i#('(>'>#(!"*&'R,]!'!(*],>'#>'$(!R(*$%+%&'R,*,'?,
%>$#!"*%,f' ,' a,?&*(!' (>' "&*>&' ,' ?&!' /EU..' $_?,*(!' ?,' "&>(?,$,E' 6W%?(' (!' &"*&' $(' ?&!
R*%>+%R,?(!'M(*+,$&!'R,*,'(?'R&??&'(>"(*&E
8!:;*%"/'<='V'#'>C
b#(>"(J' ?,X&*,+%_>'R*&R%,'(>'X,!(','$,"&!'$('1*,$(),RE
>' *(?,+%_>' ,?' R*(+%&' R*&M($%&' $(' ?,' "&>(?,$,' (dR&*",$,f' (?' !%L#%(>"(' <*GH%+&' >&!
M#(!"*,'?,'(a&?#+%_>E'6&M&'a(M&!f'W,!",'$(!,",$,'?,'+*%!%!'$('0(R"%(MX*('$('-..^f'(?
!(+"&*'%>+*(M(>",X,'!#!'(>a]&!'W,+%,'"(*+(*&!'M(*+,$&!','a,?&*(!'i#('"&$&!'?&!'M(!(!
!(',+&M&$,X,>','?,',?c,E
!"#$%&'$(')
(*+,$&
!"#
$%&'(&)*+,+"%-&'$.'(&/$%0%&
/.!'$
.'100.
!&2(+,/.'$.'3&44&
!
8!:;*%"' <=' >>?' 0P"-6%*+,' 5$,/6.-' ($-' !$%*"' !")$(*"' 5$,/6.-
012"!&.%*",$/'($'A.!,$'($' "--"'F$,'W+-.!$/'2"!'R",$-.(.G
b#(>"(J' ?,X&*,+%_>'R*&R%,'(>'X,!(','$,"&!'$('0 ;808
2>,'a(c'$(!,",$,'?,'+*%!%!f'?,!'+&"%c,+%&>(!'!('$(**#MX,>'$('#>'M(!','&"*&'(>'(?'&*$(>
$(?' U.mf' R,*,' ?#(L&' %*' *(,+&M&$G>$&!(' ?(>",M(>"(' M(!' ,' M(!E' !"&!' "%(MR&!
+&%>+%$%(*&>'+&>'?&!'R(&*(!',Y&!'(>'+#,>"&','?,'R*&$#++%_>'$('+,*>('a,+#>,f'R&*'?&'i#(
(?'!(+"&*'R#$&'a&?+,*'R,*"('$('(!"('!,?$&'W,+%,'(?'M(*+,$&'%>"(*>&E
3#*,>"(' (!"&!' g?"%M&!' ,Y&!f' M#+W&!' +&!"&!' ,!&+%,$&!' +&>' ?,' R*&$#++%_>' T
+&M(*+%,?%c,+%_>' ,#M(>",*&>' ,' M,T&*' *%"M&' R&*' ?&' i#(' (!' R&!%X?(' a%!?#MX*,*' #>,
,M(>,c,'+&>+*(",','H#"#*&E
[&!' <*GH%+&!' $(' MG!' ,X,e&' M#(!"*,>' +&M&' W,>' %$&' (a&?#+%&>,>$&' ?&!' $%H(*(>"(!
R*&$#+"&!' i#(' +&MR&>(>' ?,' &H(*",' $(' +,*>(' $(' R&??&E' >' "K*M%>&!' $(' a&?#M(>f' ?,!
+,*>(!' H*(!+,!' PR&??&' (>"(*&f R(+W#L,' T' +#,*"&!' "*,!(*&!@' e#>"&' +&>' ?&!' !#XR*&$#+"&!
,a%,*(!'PL,**,!@'W,>'&+#R,$&'?,'M,T&*'R,*"('$(?'+&M(*+%&E
356157 8993,&:.0"&
'$.'3,&)&0%;
/'$.'4+!'
<*&,"+
0%&/.!'$
.'1=,&+4%)
./"&!'1
,=./"%/
&!
5"*&'$,"&','$(!",+,*'(!' ?,'$%!M%>#+%_>'(>' ?,'R,*"%+%R,+%_>'$(' ?&!'+&*"(!'R*&+(!,$&!'&
+&+%$&!E' !"&' *(!R&>$(' ,' ?,' *(+&>a(*!%_>' R*&$#+"%a,' &+#**%$,' (>' ?&!' R,]!(!' $&>$(
,R,*(+%(*&>' H&+&!' $(' 4>H?#(>c,' 8a%,*' PR*%>+%R,?M(>"(' 1,%?,>$%,' T' 6W%>,@E' [,!'M($%$,!
*(!"*%+"%a,!',?'+&M(*+%&' %>'>,"#*,'R,*,'(!"&!'R,]!(!' ?&!'&X?%L_','$(!,**&??,*' ?,' %>$#!"*%,
$(?'+&+%$&f'T'R&*'(>$(f'W,+(*'%>+*(M(>",*'?,'&H(*",','+&!"&!'+&MR("%"%a&!E
8!:;*%"/'<='V'#'>C?'0P"-6%*+,'($'-.' .!&*%*2.%*+,'3,6.-'($'-./'012"!&.%*",$/
($'A.!,$'($' "--"'2"!'&*2"'($' !"(6%&"'F$,' "!%$,&.X$'/"L!$'&"&.-G
1&>(?,$,! 3_?,*(!
b#(>"(J' ?,X&*,+%_>'R*&R%,'(>'X,!(','$,"&!'$('0 ;808
7&*'g?"%M&f'(!'%MR&*",>"('M(>+%&>,*',i#(??,!'M($%$,!'T'*(L#?,+%&>(!'MG!'%MR&*",>"(!
i#(' *%L(>' (>' (?' +&M(*+%&' %>"(*>,+%&>,?E' >' (!"(' !(>"%$&f' ?&!' !",X?(+%M%(>"&!
W,X%?%",$&!'R&*'(?'0 ;808'R,*,' ?,'(dR&*",+%_>'$(X(>'+#MR?%*'+&>'"&$,!' ?,!'>&*M,!'$(
!,?#$f' %>&+#%$,$' ( W%L%(>(' R(*"%>(>"(!f' H#>$,M(>",?M(>"(' C#(>,!' 7*G+"%+,!' $(
),>#H,+"#*,*'T'n8667E
!"#$%&'$(')
(*+,$&
!"#
$%&'(&)*+,+"%-&'$.'(&/$%0%&
/.!'$
.'100.
!&2(+,/.'$.'3&44&
!!
b#(>"(J'6(>"*&'$(' MR*(!,!'7*&+(!,$&*,!'8a]+&?,!
! !# $2,&%2=2->(,'*24
6&M&' !(' M(>+%&>_' (>' ?,' 4>"*&$#++%_>f' ,' R,*"%*' $(?' ,Y&' -..Nf' T' R*%>+%R,?M(>"(
"*,++%&>,$&'$(!$('6W%>,'T'?,'4>$%,f'(?'+&M(*+%&'M#>$%,?'$(',L*&,?%M(>"&!'+&M%(>c,'#>
R*&+(!&'$('(dR,>!%_>f'H&*",?(+%M%(>"&'$('R*(+%&!f'i#('R&>(',' ?&!'R,]!(!'(>'$(!,**&??&
(>'(?'+(>"*&'$('?,'$%!+#!%_>E
[&!'R,]!(!'(>'$(!,**&??&'(dR&*",$&*(!'$(',?%M(>"&!'(>+#(>"*,>'>#(a,!'&R&*"#>%$,$(!
(>' M(*+,$&!' (M(*L(>"(!f' +&M&' +&>!(+#(>+%,' $(' ?&!' R*&+(!&!' $(' +*(+%M%(>"&' $(' ?,
(+&>&M],f' T' ?,' (>"*,$,' ,?' M(*+,$&' $(' +&>!#M%$&*(!' +&>' R&$(*' ,$i#%!%"%a&f
$%!M%>#T(>$&'?,'$(R(>$(>+%,'W%!"_*%+,'R,*,'+&>'?,!'(+&>&M],!'$(!,**&??,$,!E
356157 8993,&:.0"&
'$.'3,&)&0%;
/'$.'4+!'
<*&,"+
0%&/.!'$
.'1=,&+4%)
./"&!'1
,=./"%/
&!
3(>"*&' $(' (!"(' (!+(>,*%&f' ?,' +,*>(' $(' R&??&' !(' W,' (*%L%$&' +&M&' ?,' R*%>+%R,?' &R+%_>' &
H#(>"('R,*,'(?'+&>!#M&'$('R*&"(]>,!',>%M,?(!E
:,*%&!'M&"%a&!' H#>$,M(>",>'(!",'>#(a,' "(>$(>+%,E' ?'R*%M(*&'T'MG!'H#(*"('(!'i#('(?
V%?&L*,M&' $(' +,*>(' $(' R&??&' (!' +&MR,*,"%a,M(>"(' MG!' (+&>_M%+&' i#(' (?' $(' +,*>(
a,+#>,' T' $(' +(*$&f' R&*' ?&' i#(' !(' "*,>!H&*M,' (>' ?,' R*%M(*,' &R+%_>' $(' +&>!#M&'R,*,
"&$&!',i#(??&!'M%??&>(!'$('+&>!#M%$&*(!'i#(f','R,*"%*'$(?'%>+*(M(>"&'$('!#!'%>L*(!&!f
R#($(>'+&M(>c,*','%>+&*R&*,*'(!",'R*&"(]>,','!#'$%(",E
?' !(L#>$&' (!' i#(f' $(!$(' (?'M&M(>"&' (>' i#(' >,+(' #>' R&??%"&' X(X(' ,' i#(' !(' H,(>,f
R,!,>'>&'MG!'$('U.'$],!f'M%(>"*,!'i#('(>'?&!'+(*$&!'$#*,>'a,*%&!'M(!(!'T'-SN',Y&!'(>
(?'+,!&'$(?'L,>,$&'a,+#>&E
?' "(*+(*' H,+"&*' (!'i#('R,*,'R*&$#+%*' #>' V%?&L*,M&'$('+,*>('$('R&??&' !('>(+(!%",'#>,
M(>&*'R&*+%_>'$('R*&"(]>,!'a(L(",?(!'(>'+&MR,*,+%_>'+&>'(?'*(!"&'$('?,!'+,*>(!E
5"*&' H,+"&*' (!' i#(' R*G+"%+,M(>"(' >&' R&!((' X,**(*,!' +#?"#*,?(!' TS&' *(?%L%&!,!' i#(
?%M%"(>'!#'+&>!#M&E
Bf'R&*'g?"%M&f'T'>&'M(>&!'%MR&*",>"('$(>"*&'$('#>'M#>$&'+,$,'a(c'MG!'+&>!+%(>"('$(
?,!'+&>!(+#(>+%,!'$(?'+,MX%&'+?%MG"%+&f'R*&$#+%*'#>'V%?&L*,M&'$('+,*>('$('R&??&'L(>(*,
#>'(H(+"&'R&*'(M%!%_>'$('L,!(!'+&MR,*,"%a,M(>"('%>H(*%&*',?'*(!"&'$('?,!'+,*>(!E
! !2!# $%&'())*+, >(,'*24
!"#$%&'$(')
(*+,$&
!"#
$%&'(&)*+,+"%-&'$.'(&/$%0%&
/.!'$
.'100.
!&2(+,/.'$.'3&44&
!*
7,*,' (?' ,>G?%!%!' !&X*(' ?,' (a&?#+%_>' $(' ?,' R*&$#++%_>' M#>$%,?' $(' +,*>(' $(' R&??&f' !(
"&M,*G>'+&M&'X,!('$&!'H#(>"(!'$('%>H&*M,+%_>J
/E 3,"&!' $(?' 3(R,*",M(>"&' $(' 8L*%+#?"#*,' $(' ?&!' !",$&!' 2>%$&!' R,*,' $,"&!
,+"#,?(!'('W%!"_*%+&!E
-E [,'R*&T(++%&>(!','-./Z'%>+?#%$,!'(>'(?'8L*%+#?"#*,?'5#"?&&V'i#('R#X?%+_'?,'5 63
e#>"&'+&>'?,'b85E
6&M&'R&$(M&!'&X!(*a,*'MG!',X,e&f'?,'R*&$#++%_>'M#>$%,?'$('+,*>('$('R&??&'W,'%$&'(>
+&>!",>"(' +*(+%M%(>"&',' ?&' ?,*L&'$(' ?,'W%!"&*%,'R,*,' "*,>!H&*M,*!('(>'#>'R*&$#+"&'$(
+&>!#M&'M,!%a&'T'$(',?",'R*(H(*(>+%,','?&'?,*L&'$('?&!'U'+&>"%>(>"(!E
8!:;*%"'<='>>? !"(6%%*+,'56,(*.-'($'%.!,$'($'2"--"'F$,')*-$/'($'&",$-.(./G
b#(>"(J' ?,X&*,+%_>' R*&R%,' (>' X,!(' ,' $,"&!' $(?' 3(R,*",M(>"&' $(' 8L*%+#?"#*,' $(' ?&!
!",$&!'2>%$&!E
?'6#,$*&';I'/'M#(!"*,','?&!'/.'R*%>+%R,?(!'R,]!(!'R*&$#+"&*(!'$('+,*>('$('R&??&E'6&M&
R&$(M&!' &X!(*a,*' ?&!' R,]!(!' (>' $(!,**&??&f' 6W%>,f' C*,!%?f' )Kd%+&f' 4>$%,f' 9#!%,f
356157 8993,&:.0"&
'$.'3,&)&0%;
/'$.'4+!'
<*&,"+
0%&/.!'$
.'1=,&+4%)
./"&!'1
,=./"%/
&!
8*L(>"%>,f' 4*G>' T' 0#$GH*%+,' &+#R,>' R,*"(' %MR&*",>"(' $(' ?,' R*&$#++%_>' M#>$%,?' T
(dR?%+,>'L*,>'R,*"('$(?'+*(+%M%(>"&'(>'(!"&!'g?"%M&!'/.',Y&!E
8' (d+(R+%_>' $( C*,!%?f' +#T,' R*&$#++%_>' (!"G' H#(*"(M(>"(' &*%(>",$,' W,+%,' ?,
(dR&*",+%_>f'(>'(?'*(!"&'$('?,!'(+&>&M],!'(>'$(!,**&??&f'?&!',#M(>"&!'(>'?,'R*&$#++%_>
W,>'!%$&'(>'*(!R#(!",','#>',#M(>"&'%L#,?'MG!'%MR&*",>"('$(?'+&>!#M&E
A6.(!"'<='>? !*,%*2.-$/' !"(6%&"!$/'56,(*.-$/'($'A.!,$'($' "--"'F$,')*-$/
($'&",$-.(./G
"/ .9/ BC>C A!$%*)*$,&"
BCC>H>C
> 0/&.("/
Y,*("/ >SZISD
[>O\
B AK*,. >BZIIC [DI\
D ]!./*- >BZD>B [OT\
N Y0EBT VZCVI [>C\
I 5@1*%" BZOCV [DS\
S ^,(*. BZSIC [>>B\
T _6/*. BZD>C [DTS\
O 3!4$,&*,. >ZSCC [ON\
V ^!:, >ZSCC [O>\
>C `6(:;!*%. >ZBVC [I>\
_$/&" >DZB>B [B>\
56,(" TIZVV> [DT\
!"#$%&'$(')
(*+,$&
!"#
$%&'(&)*+,+"%-&'$.'(&/$%0%&
/.!'$
.'100.
!&2(+,/.'$.'3&44&
!;
b#(>"(J' ?,X&*,+%_>' R*&R%,' (>' X,!(' ,' $,"&!' $(?' 3(R,*",M(>"&' $(' 8L*%+#?"#*,' $(' ?&!
!",$&!'2>%$&!E
>'(!",!'"(>$(>+%,!'M#+W&'"%(>('i#('a(*'?,'(d%!"(>+%,'$('M(*+,$&! M,$#*&!'$(>"*&'$(
?&!' R,]!(!' $(!,**&??,$&!' T' $(' M(*+,$&!' (>' +&>!",>"(' +*(+%M%(>"&' $(>"*&' $(' ?&!
(M(*L(>"(!E'0%'&X!(*a,M&!'(?'<*GH%+&';I'/-f'(?'R&"(>+%,?'+*(+%M%(>"&'(>'(?'+&>!#M&'$(
+,*>(!'(!',g>'%MR&*",>"('$(>"*&'$('?&!'R,]!(!'(>'$(!,**&??&E
8!:;*%"'<= >B? A",/6)"'2$!'%:2*&.'.%&6.-'#'2!"#$%&.("'($'%.!,$'$,'2.9/$/'$,
($/.!!"--"'#'($/.!!"--.("/
b#(>"(J' ?,X&*,+%_>'R*&R%,'(>'X,!(','$,"&!'$(?'8L*%+#?"#*,?'5#"?&&V'b85'563 '-./.E
Bf'$('(>"*('?&!'R,]!(!'(>'$(!,**&??&f'(!'(>'(?'+&>"%>(>"(',!%G"%+&'T',H*%+,>& (>'$&>$('?,!
R&!%X%?%$,$(!'$('+*(+%M%(>"&'!&>'M,T&*(!E
356157 8993,&:.0"&
'$.'3,&)&0%;
/'$.'4+!'
<*&,"+
0%&/.!'$
.'1=,&+4%)
./"&!'1
,=./"%/
&!
8!:;*%"'<='>B? A",/6)"'2$!'%:2*&.'.%&6.-'#'2!"#$%&.("'($'%.!,$'$,'2.9/$/'$,
($/.!!"--"'#'($/.!!"--.("/
b#(>"(J' ?,X&*,+%_>'R*&R%,'(>'X,!(','$,"&!'$(?'8L*%+#?"#*,?'5#"?&&V'b85'563 '-./.E
9(!R(+"&'$( ?,!'R*&T(++%&>(!'$('R*&$#++%_>'$('+,*>(!'i#('R#X?%+_'?,'563 'e#>"&'+&>'?,
b85' $#*,>"(' -./.f' !(' R#($(' a%!?#MX*,*' HG+%?M(>"(' (?' (!R,+%&' +*(+%(>"(' i#(' !(L#%*G
&+#R,>$&'?,'+,*>('$('R&??&'$(>"*&'$('(!",'$K+,$,E
!"#$%&'$(')
(*+,$&
!"#
$%&'(&)*+,+"%-&'$.'(&/$%0%&
/.!'$
.'100.
!&2(+,/.'$.'3&44&
!<
8!:;*%"' <=' >D? !"(6%%*+,' 2!"#$%&.(.' ($' %.!,$' P.%6,.7' ($' %$!("' #' 2"--"
BC>CHBC>V
b#(>"(J' ?,X&*,+%_>'R*&R%,'(>'X,!(','$,"&!'$(?'8L*%+#?"#*,?'5#"?&&V'b85'563 '-./.E
! !8? ;<5&%12)*&,06->(,'*2406-@>&,1& A-B&4C=0,06?
8' &Xe("&' $(' ,>,?%c,*' ?,' R(*H&*M,>+(' $(' ?,!' (dR&*",+%&>(!' $(' +,*>(' $(' R&??&' ,' >%a(?
L(>(*,?f'!(' "&M,*G'+&M&'*(H(*(>+%,' ?&!'$,"&!'$(?'3(R,*",M(>"&'$('8L*%+#?"#*,'$(' ?&!
!",$&!'2>%$&!E' >'+,MX%&f'R,*,'(?',>G?%!%!'R,*"%+#?,*f'R&*'R,]!'T'R&*'"%R&'$('R*&$#+"&f
!('"&M,*G>'?&!'$,"&!'$%!R&>%X?(!'(>'?,'X,!('$('$,"&!'$('1*,$(),RE
6&M&'a(M&!'MG!',X,e&f'(?'+*(+%M%(>"&'(>'?,'R*&$#++%_>'T'+&>!#M&'M#>$%,?'$('+,*>(
$('R&??&'W,'!%$&',+&MR,Y,$&'R&*'#>'+*(+%M%(>"&'!%M%?,*'$(?'+&M(*+%&E
356157 8993,&:.0"&
'$.'3,&)&0%;
/'$.'4+!'
<*&,"+
0%&/.!'$
.'1=,&+4%)
./"&!'1
,=./"%/
&!
8!:;*%"'<='>N? A")$!%*"'56,(*.-'($'%.!,$'($'2"--"'F$,')*-$/'($'&",$-.(./G
b#(>"(J' ?,X&*,+%_>' R*&R%,' (>' X,!(' ,' $,"&!' $(?' 3(R,*",M(>"&' $(' 8L*%+#?"#*,' $(' ?&!
!",$&!'2>%$&!E
!"('+*(+%M%(>"&'W,'!%$&' %>%>"(**#MR%$&'R(*&'MG!'M,*+,$&'(>'(!"&!'g?"%M&!'/.',Y&!f
R&!%+%&>,>$&' ,' ?,' +,*>(' $(' R&??&' +&M&' R*%>+%R,?' +,*>(' +&M(*+%,?%c,$,' ,' >%a(?
%>"(*>,+%&>,?E
[,' +,*>(' $(' R&??&' !(' +&M(*+%,?%c,' ,' >%a(?' L?&X,?' (>' $&!' L*,>$(!' L*#R&!J' +&M&' R&??&
(>"(*&'&'(>'R,*"(!E
>'$(H%>%"%a,f'"(*M%>,>'!%(>$&'"*(!'L*,>$(!'H&*M,!'$('+&M(*+%,?%c,+%_>'i#('%>+?#T(>J
/E 8?'R&??&'(>"(*&f
-E 8'?&!'"*&c&!'&'R,*"(!'PL,**,!f'R(+W#L,!f'+#,*"&!'"*,!(*&!'T',?,!'R*%>+%R,?M(>"(@f
NE B'+&M&'R*&$#+"&!'+&+%$&!'&'R*(R,*,$&!E
!"#$%&'$(')
(*+,$&
!"#
$%&'(&)*+,+"%-&'$.'(&/$%0%&
/.!'$
.'100.
!&2(+,/.'$.'3&44&
>
2>,' (!"*,"(L%,' (dR&*",$&*,' +&>!%!"(>"(' T' !&!"(>%X?(' !(' +&>H&*M,' >&' !&?,M(>"(
$%!R&>%(>$&' $(' &H(*",' (>' (!+,?,f' >%' +&!"&!' +&MR("%"%a&!E' 8$(MG!' $(' +&>",*' +&>' #>
R*&$#+"&' !,>%",*%,M(>"(' ,R"&' T' $(' +,?%$,$' +&>H&*M(' ,' ?, $(M,>$,' $(' ?&!' R,]!(!
+&MR*,$&*(!f'(!'>(+(!,*%&'$%a(*!%H%+,*'?,'&H(*",'(>"*('(?'R*&$#+"&'(>"(*&'T'?&!'"*&c&!'&
R,*"(!E
?' M(*+,$&' $(' ?,' R(+W#L,f' i#(' (!' (?' $(' M,T&*' a,?&*f' (!' (?' i#(' a,' ,' %>$%+,*' ?,
+&>a(>%(>+%,' &' >&' $(' "*&c,*f' +&MR?(",>$&' ?,' (+#,+%_>' +&> ?,' +&?&+,+%_>' $(?' +#,*"&
"*,!(*&'T'?,!',?,!E
0%',>,?%c,M&!','?&!'R*%>+%R,?(!'R,]!(!'(dR&*",$&*(!'a(M&!'+&M&'!('$(!",+,'C*,!%?'+&M&
R*%>+%R,?'R,]!'(dR&*",$&*'M#>$%,?'$('+,*>('$('R&??&f'*(L%!"*,>$&'#>'+*(+%M%(>"&'$('+,!%
(?' /F.m' (>' ?&!' g?"%M&!' ,Y&!E' !"(' R,]!' $&M%>,' ?,' &H(*",' M#>$%,?' $(' R&??&' (>"(*&' T
R(+W#L,!f' "(>%(>$&' ",MX%K>' H#(*"(' R,*"%+%R,+%_>' (>' ?,' &H(*",' $(' +#,*"&!' "*,!(*&!
P(!R(+%,?M(>"('!%>'W#(!&@'T'R*&$#+"&!'R*(R,*,$&!'TS&'+&+%$&!f'R&*'?&'i#('R&!((>'#>,
(!"*,"(L%,'+&M(*+%,?'!_?%$,'T'!#!"(>",X?(E
[&!' !",$&!'2>%$&!'!&>'#>'R,]!'$('+&>!#M&'M,!%a&'$('R(+W#L,!'$('R&??&f'R&*' ?&'i#(
(dR&*",>' ,' R*(+%&!' X,e&!' (?' *(!"&' $(?' R&??&' i#(' >&' +&>!#M(>f' XG!%+,M(>"(' (?' +#,*"&
"*,!(*&E
?'+,!&'$('?&!'R,]!(!'$('?,'2 '(!'!%M%?,*',?'$('?&!' !",$&!'2>%$&!f','$%H(*(>+%, i#('?,'2
",MX%K>'(dR&*",'R&??&'(>"(*&f'(>'(?'M,*+&'$('R*&L*,M,!'$(',T#$,',?%M(>",*%,E
356157 8993,&:.0"&
'$.'3,&)&0%;
/'$.'4+!'
<*&,"+
0%&/.!'$
.'1=,&+4%)
./"&!'1
,=./"%/
&!
1,%?,>$%,'T'6W%>,'!&>'(?'\I'T'UI'R,]!(!'(dR&*",$&*(!'$('+,*>('$('R&??&E'8MX&!'R,]!(!'W,>
"(>%$&' i#(' *(+&>a(*"%*' !#!' %>$#!"*%,!' T' R,!,*' ,' +&M(*+%,?%c,*' (?' R&??&' +&+%$&' +&M&
+&>!(+#(>+%,' $(' ?,!' X,**(*,!' !,>%",*%,!' i#(' (?' M#>$&' ?(!' R#!&' R&*' ?&!' H&+&!' $(
%>H?#(>+%,',a%,*E' !"&!'$&!'M(*+,$&!'W&T'$&M%>,>'L*,>'R,*"('$(?'+&M(*+%&'M#>$%,?'$(
R*&$#+"&!'+&+%$&!E
6,>,$G' !(' R&!%+%&>,' +&M&' (?' QI' (dR&*",$&*'M#>$%,?' +&M&' +&>!(+#(>+%,' $(' "(>(*' #>
,++(!&' ?%X*(' ,' ?&!' !",$&!' 2>%$&!' R#$%(>$&' +&?&+,*' #>,' R,*"(' $(' !#' R*&$#++%_>' $(
R(+W#L,!E
[,'8*L(>"%>,f'T'(>'(!"&!'g?"%M&!',Y&!'6W%?(f'!('W,>'R&!%+%&>,$&'(>'(!"&!'g?"%M&!',Y&!
+&M&',X,!"(+($&*(!'M#>$%,?(!'$('+,*>('$('R&??&E';#(!"*&'R,]!'+&M&'+&>!(+#(>+%,'$(?
+*(+%M%(>"&'$('!#'R*&$#++%_>'T'?,'M(e&*,'(>'?,!'+&>$%+%&>(!'M,+*&(+&>_M%+,!','R,*"%*
$(' ?,' !,?%$,' $(' ?,' +&>a(*"%X%?%$,$E' B' 6W%?(f' L*,+%,!' ,' ?,' a%L(>+%,' $(' 8+#(*$&!' $(' [%X*(
!"#$%&'$(')
(*+,$&
!"#
$%&'(&)*+,+"%-&'$.'(&/$%0%&
/.!'$
.'100.
!&2(+,/.'$.'3&44&
>!
+&M(*+%&'+&>'?,'M,T&*'R,*"('$('?&!'L*,>$(!'+&>!#M%$&*(!'$(?'W(M%!H(*%&'>&*"(J'[,'2 f
!",$&!'2>%$&!'T'D,R_>E
A6.(!"'<='>? !*,%*2.-$/'012"!&.("!$/'56,(*.-$/'($'A.!,$'($' "--"'F$,')*-$/
($'&",$-.(./G
"/ .9/ BC>C A!$%*)*$,&"
BCC>H>C
> ]!./*- DZ>O> [>IV\
B 0/&.("/
Y,*("/ DZCTB
[BB\
D 0YEBT VVB [IN\
N R.*-.,(*. NDB [O\
I AK*,. DTV EBB\
S 3!4$,&*,. B>N [>IN\
T A.,.(: >NT [VS\
O AK*-$ TV [BSC\
56,(" OZTVD [SC\
b#(>"(J' ?,X&*,+%_>' R*&R%,' (>' X,!(' ,' $,"&!' $(?' 3(R,*",M(>"&' $(' 8L*%+#?"#*,' $(' ?&!
!",$&!'2>%$&!E
>'+#,>"&','?,!'R*&T(++%&>(!','H#"#*&f'T'"&M,>$&'+&M&'X,!('(?'4>H&*M('i#('R#X?%+,'(?
3(R,*",M(>"&' $(' 8L*%+#?"#*,' $(' ?&!' !",$&!' 2>%$&!' +,$,' H(X*(*&' $(' +,$,' ,Y&f' !(
(!"%M,'i#('!%L,'+*(+%(>$&'H#(*"(M(>"('(?'+&M(*+%&'%>"(*>,+%&>,?'$('+,*>('$('R&??&'R&*
(?'*(!"('$('(!",'$K+,$,E
356157 8993,&:.0"&
'$.'3,&)&0%;
/'$.'4+!'
<*&,"+
0%&/.!'$
.'1=,&+4%)
./"&!'1
,=./"%/
&!
8!:;*%"'<='>N? !"#$%%*",$/'/"L!$'A")$!%*"'56,(*.-'($'A.!,$/'BC>>HBCBC
F$,')*--",$/'($'&",$-.(./G
b#(>"(J' ?,X&*,+%_>' R*&R%,' (>' X,!(' ,' 7*&T(++%&>(!' -.//S-./.' $(?' 3(R,*",M(>"&' $(
8L*%+#?"#*,'$('?&!' !",$&!'2>%$&!E
>',$(?,>"(f' !('R*(!(>",*G'#>',>G?%!%!' !&X*(' ?,!'(dR&*",+%&>(!'M#>$%,?(!'$( +,*>('$(
R&??&'R&*'"%R&'$('R*&$#+"&f'XG!%+,M(>"(J
5-.QE/-E.. O 7&??&'P&'L,??%>,@'(>"(*&'+&>L(?,$&
.-.QE/\E.. O 1*&c&!'$('7&??&'P&'L,??%>,@'+&>L(?,$&!
/F.-EN-E.. O 7*(R,*,+%&>(!'$('R&??&'P&'L,??%>,@
>'(?'+,!&'$(?'R&??&'(>"(*&'+&>L(?,$&f'+&M&'R&$(M&!'a(* MG!',X,e&f'a(M&!'i#('!('W,
$#R?%+,$&'?,'+,>"%$,$'+&M(*+%,?%c,$,'R,!,>$&'$('/'M%??_>'$('"&>(?,$,!'$#*,>"('-../',
+,!%'-f-'M%??&>(!'R,*,'-./.E
!"#$%&'$(')
(*+,$&
!"#
$%&'(&)*+,+"%-&'$.'(&/$%0%&
/.!'$
.'100.
!&2(+,/.'$.'3&44&
>*
>'*(?,+%_>','?,'L(>(*,+%_>'$('$%a%!,!'+&M&'+&>!(+#(>+%,'$('(!"('+&M(*+%&f'(!'R&!%X?(
,H%*M,*'i#('!('W,'"*%R?%+,$&'(>'(!"&!'g?"%M&!'/.',Y&!',?+,>c,>$&'+,!%'?&!'NEN..'M%??&>(!
$(' $_?,*(!' $#*,>"(' -./.f' +&M&' +&>!(+#(>+%,' $(?' H&*",?(+%M%(>"&' (>' (?' R*(+%&' $(?
R*&$#+"&E
8!:;*%"' <=' >I? 012"!&.%*",$/' 56,(*.-$/' ($' "--"' 0,&$!"' $,' R",$-.(./' #
5*-$/'($'W+-.!$/
b#(>"(J' ?,X&*,+%_>'R*&R%,'(>'X,!(','$,"&!'$('1*,$(),RE
C*,!%?' (!' (?' R,]!' i#(' W,' (dR?%+,$&' (>' !#' M,T&*' R,*"(f' (!"(' +*(+%M%(>"&' (>' ?,!
(dR&*",+%&>(!'$('R&??&'(>"(*&f'!%(>$&'&*%L(>'W&T'$(?'Q.m'$(?'R&??&'i#('!('+&M(*+%,?%c,
(>'(?'M#>$&E
356157 8993,&:.0"&
'$.'3,&)&0%;
/'$.'4+!'
<*&,"+
0%&/.!'$
.'1=,&+4%)
./"&!'1
,=./"%/
&!
>' (?' +,!&' $(' ?,!' (dR&*",+%&>(!' $( +,*>(' $(' R&??&' X,e&' ?,' R&!%+%_>' .-.QE/\f' i#(
+&**(!R&>$(' ,' "*&c&!' $(' R&??&' +&>L(?,$&f' (?' ,>G?%!%!' (!' MG!' +&MR?(e&' T,' i#(' ,??]' !(
M(c+?,>'?,!'(dR&*",+%&>(!'$('R(+W#L,'P+&*"('$('M,T&*'a,?&*'R,*,'?,',a%+#?"#*,@f'?,!'$(
+#,*"&!'"*,!(*&!f',?,!f'T'L,**,!E
0%> (MX,*L&f'(!' %MR&*",>"(' *(M,*+,*','C*,!%?'+&M&' ?]$(*'(>'(?'+&M(*+%&'$('R(+W#L,!
+&>L(?,$,!E
?' M(*+,$&' $(' +#,*"&!' "*,!(*&!' (!"G' +&MR,*"%$&' (>"*(' ?&!' !",$&!' 2>%$&!f' #*&R,' T
C*,!%?E'0%>'(MX,*L&f'C*,!%?'$&M%>,'(?'M(*+,$&'$('+#,*"&'"*,!(*&'$(!W#(!,$&f'i#('R&!((
M,T&*'a,?&*',L*(L,$&f'T'(!'$(M,>$,$&'R*%>+%R,?M(>"('R&*'D,R_>E
>' *(?,+%_>' ,' ?&!' R*&$#+"&!' +&+%$&!f' (!' %MR&*",>"(' *(M,*+,*' i#(' ,' R,*"%*' $(' ?,' +*%!%!
M#>$%,?'R&*' ?,',R,*%+%_>'$(' H&+&!'$(' 4>H?#(>c,'8a%,*'(>'R,]!(!',!%G"%+&!f' !#'$(!,**&??&
"&M,' #>' H#(*"(' %MR#?!&f' "(>%(>$&' +&M&' R*%>+%R,?(!' ,+"&*(!' ,' 6W%>,' T' 1,%?,>$%,f
,?+,>c,>$&'?,!'/f\'M%??&>(!'$('"&>(?,$,!'R&*'#>'a,?&*'$('+,!%'UfU'M%??&>(!'$('$_?,*(!E
C*,!%?' ",MX%K>' W,' %>+*(M(>",$&' H#(*"(M(>"(' !#!' (dR&*",+%&>(!' +&MR%"%(>$&' +&>
1,%?,>$%,'T'6W%>,f'&+#R,>$&'W&T'(?'"(*+(*'R#(!"&'$(?'*,>V%>LE
!"#$%&'$(')
(*+,$&
!"#
$%&'(&)*+,+"%-&'$.'(&/$%0%&
/.!'$
.'100.
!&2(+,/.'$.'3&44&
>;
8!:;*%"' <=' >S? 012"!&.%*",$/' 56,(*.-$/' ($' A.!,$' ($' "--"' !$2.!.(.' "
A"%*(.
b#(>"(J' ?,X&*,+%_>'R*&R%,'(>'X,!(','$,"&!'$('1*,$(),RE
! !)? D=5&%12)*&,06->(,'*2406-@>&,1&6-A-B&4C=0,06?
8' $%H(*(>+%,' $(' ?,!' (dR&*",+%&>(!f' ?,!' +&MR*,!' M#>$%,?(!' (!"G>' $%!"*%X#%$,!' (>' #>,
M,T&*'+,>"%$,$'$('R,]!(!',?*($($&*'$('?&!'U'+&>"%>(>"(!E
0%'&X!(*a,M&!'(?'M,R,'$('MG!',X,e&f'?,!'*(L%&>(!'$('?,' d2900f'8!%,'T')($%&'5*%(>"(
&+#R,>'?,'M,T&*'R,*"('$('?,!'+&MR*,!'M#>$%,?(!E
356157 8993,&:.0"&
'$.'3,&)&0%;
/'$.'4+!'
<*&,"+
0%&/.!'$
.'1=,&+4%)
./"&!'1
,=./"%/
&!
A6.(!"' <=' D? !*,%*2.-$/' ^)2"!&.("!$/' 56,(*.-$/' ($' A.!,$' ($' "--"' F$,
)*-$/'($'&",$-.(./G
"/ .9/ BC>C A!$%*)*$,&"
BCC>H>C
> a.2+, TOV [>>\
B 3!.L*.'`.6(*&. STO [TC\
D Y0EBT STS [IN\
N _6/*. S>O EIB\
I 5@1*%" INV [>DN\
S ^!.b D>V [BCD\
T c",4'd",4 BVI [S>\
!"#$%&'$(')
(*+,$&
!"#
$%&'(&)*+,+"%-&'$.'(&/$%0%&
/.!'$
.'100.
!&2(+,/.'$.'3&44&
><
"/ .9/ BC>C A!$%*)*$,&"
BCC>H>C
O e*$&,.) BV> [BVC\
V 03Y BOO >DC\
>C AK*,. BOS EDS\
>> `6(:;!*%. BNC [BTI\
>B 3,4"-. BDO [DIO\
>D e$,$U6$-. BDT [TO\
>N d6f.*& >VB [BCI\
>I A6L. >TO [BDS\
>S Y%!.,*. >NN [>BI\
>T d.U.X/&:, >BI [>>I\
>O A.,.(: >BN [TC\
>V `*,4.26! >>V [NB\
BC R.*2$*'AK*," >>> [>>D\
B> A"!$.'($-'`6! >CS [BT\
BB g$)$, >CI [N>\
BD Q*-*2*,./ >CB [TIC\
BN 8$"!4*. >CC [>BB\
BI ]$,9, VO [O>\
56,(" TZVVV [TC\
b#(>"(J' ?,X&*,+%_>' R*&R%,' (>' X,!(' ,' $,"&!' $(?' 3(R,*",M(>"&' $(' 8L*%+#?"#*,' $(' ?&!
!",$&!'2>%$&!E
356157 8993,&:.0"&
'$.'3,&)&0%;
/'$.'4+!'
<*&,"+
0%&/.!'$
.'1=,&+4%)
./"&!'1
,=./"%/
&!
>' ,$(?,>"(f' !(' R*(!(>",*G' (?' ,>G?%!%!' $(' ?,!' %MR&*",+%&>(!' $(' +,*>(' $(' R&??&' R&*
R*&$#+"&E
>'(?' +,!&'$(?'R&??&'(>"(*&f' +&M&'a(M&!'(>'(?' !%L#%(>"('M,R,f' ?,'M,T&*'R,*"('$(' ?,!
+&MR*,!' !#*L(>' $(!$(' ?&!' R,]!(!' $(')($%&' 5*%(>"(f' i#(' !&>' >("&!' %MR&*",$&*(!' $(
,?%M(>"&!E
A6.(!"'<='N? !*,%*2.-$/'^)2"!&.("!$/'56,(*.-$/'($' "--"'0,&$!"'F$,')*-$/
($'&",$-.(./G
"/ .9/ BC>C A!$%*)*$,&"
BCC>H>C
> 3!.L*.'`.6(*&. IISZI>D [>>S\
B 0)*!.&"/
h!.L$/'Y,*("/
>IDZSC> `*,'(.&"/
!"#$%&'$(')
(*+,$&
!"#
$%&'(&)*+,+"%-&'$.'(&/$%0%&
/.!'$
.'100.
!&2(+,/.'$.'3&44&
*
"/ .9/ BC>C A!$%*)*$,&"
BCC>H>C
D ^!.b >NOZV>D `*,'(.&"/
N d6f.*& >NBZSDN [>DS\
I `6(:;!*%. >B>ZOSV [NIS\
S g$)$, >CBZTDT `*,'(.&"/
T 3,4"-. IIZSID `*,'(.&"/
O i):, NVZBBV [>\
V ^!:, NOZICV `*,'(.&"/
>C 04*2&" NIZBVS `*,'(.&"/
>> AK*-$ N>ZBNV `*,'(.&"/
>B j.&.! DBZIVN [BB\
>D ]$,9, DCZTDB [DCB\
>N a"!(.,*. BDZTI> [>>T\
>I Y0EBT >DZSIV [I\
56,(" >ZV>SZCDS [>CT\
b#(>"(J' ?,X&*,+%_>'R*&R%,'(>'X,!(','$,"&!'$( 1*,$(),RE
>'*(?,+%_>','?&!'"*&c&!'$('R&??&'+&>L(?,$&f'?,!'+&MR*,!'(!"G>'$%!"*%X#%$,!'(>"*('a,*%&!
R,]!(!',?*($($&*'$(?'M#>$&'!(Lg>'"%R&'$('R*&$#+"&'PR(+W#L,f'+#,*"&!'"*,!(*&!'T'L,**,!f
R*%>+%R,?M(>"(@E
356157 8993,&:.0"&
'$.'3,&)&0%;
/'$.'4+!'
<*&,"+
0%&/.!'$
.'1=,&+4%)
./"&!'1
,=./"%/
&!
A6.(!"' <= I?' !*,%*2.-$/' ^)2"!&.("!$/' 56,(*.-$/' ($' R!"U"/' ($' "--"' F$,
)*-$/'($'&",$-.(./G
"/ .9/ BC>C
A!$%*)*$,&"
BCC>H>C !"(6%&"' !*,%*2.-
> c",4'd",4 >ZCBIZDSB [>T\ 8.!!./
B _6/*. IOIZIOV EIC\ A6.!&"/'R!./$!"/
D AK*,. I>IZIDS EBC\ 8.!!./
N a.2+, N>IZIDI E>S\ A6.!&"/'R!./$!"/
I 5@1*%" >VSZCCB [O>\ A6.!&"/'R!./$!"/
S e*$&,.) >TVZ>O> `*,'(.&"/ 3-./'#'A6.!&"/'&!./$!"/
T A6L. >TIZCC> [BBB\ A6.!&"/'R!./$!"/
O 3,4"-. >TBZNTB A6.!&"/'R!./$!"/
V Y0EBT >STZNCS [SI\ $%K64.
>C Y%!.,*. >N>ZITV [>DC\ A6.!&"/'R!./$!"/
>> 0)*!.&"/
h!.L$/'Y,*("/
>B>ZSTN A6.!&"/'R!./$!"/
>B `6(:;!*%. >>TZSBV [VB\ A6.!&"/'R!./$!"/
>D 3!.L*.'`.6(*&. >>DZDIT [SDD\ A6.!&"/'R!./$!"/
>N R.*2$*'AK*," >CVZBBS [>CV\ 8.!!./
>I ^!.b >CDZNN> A6.!&"/'R!./$!"/
>S Q*-*2*,./ VOZTTD [OBT\ A6.!&"/'R!./$!"/
>T _$2kL-*%.' ($
A"!$.
V>ZOOS [>I\ A6.!&"/'R!./$!"/
>O `*,4.26! OIZVBS [BT\ A6.!&"/' R!./$!"/' #
!"#$%&'$(')
(*+,$&
!"#
$%&'(&)*+,+"%-&'$.'(&/$%0%&
/.!'$
.'100.
!&2(+,/.'$.'3&44&
*!
"/ .9/ BC>C
A!$%*)*$,&"
BCC>H>C !"(6%&"' !*,%*2.-
2$%K64.
>V 8K.,. OBZTVD A6.!&"/'R!./$!"/
BC d*!46*/&:, OBZDBV [II>\ A6.!&"/'R!./$!"/
56,(" SZSNTZTIC [DT\
b#(>"(J' ?,X&*,+%_>'R*&R%,'(>'X,!(','$,"&!'$('"*,$(),RE
[,!' +&MR*,!' $(' R*(R,*,+%&>(!' ,' X,!(' $(' R&??&f' (!"G>' H#(*"(M(>"(' +&>+(>"*,$,!
R*%>+%R,?M(>"(' R&*' (+&>&M],!' $(!,**&??,$,!f' T,' i#(' (!' #>' R*&$#+"&' $(' ,?"& a,?&*
,L*(L,$&E
D,R_>f' ?,' 2 O-Qf' 6,>,$G' T' ?&!' !",$&!' 2>%$&!' ?%$(*,>' ?,!' +&MR*,!' %>"(*>,+%&>,?(!E
6&?&MX%,' W,' %>+*(M(>",$&' !#!' +&MR*,!' (>' (!"&!' g?"%M&!' ,Y&!' R&!%+%&>G>$&!(' +&M&
"(*+(*'M(*+,$&'$(!"%>&E
356157 8993,&:.0"&
'$.'3,&)&0%;
/'$.'4+!'
<*&,"+
0%&/.!'$
.'1=,&+4%)
./"&!'1
,=./"%/
&!
A6.(!"'<='S? !*,%*2.-$/'^)2"!&.("!$/'56,(*.-$/'($' !$2.!.%*",$/'($' "--"
F$,')*-$/'($'&",$-.(./G
"/ .9/ BC>C
A!$%*)*$,&"
BCC>H>C
> a.2+, DSOZIVO [>CC\
B Y0EBT DDBZTCI [>CC\
D A"-")L*. DIZVN> [TNO\
N A.,.(: BVZOOD [BO\
I c",4'd",4 BBZ>CS [>IV\
S 0/&.("/
Y,*("/ >VZCIO
[>T>\
T `*,4.26! >NZS>V [>DS\
O _$2kL-*%.' ($
A"!$.
>DZBDS [D>B\
V 5@1*%" >BZO>T [OV\
>C AK*-$ >CZNDV [BNB\
56,(" >ZDNNZNID [>TC\
b#(>"(J' ?,X&*,+%_>'R*&R%,'(>'X,!(','$,"&!'$('1*,$(),RE
!"#$%&'$(')
(*+,$&
!"#
$%&'(&)*+,+"%-&'$.'(&/$%0%&
/.!'$
.'100.
!&2(+,/.'$.'3&44&
**
!E! .,F4*6*6 3&=52%21*:&- ;,1%0- G&6- H- $2I606
;<5&%12'&%06- J- .%/0,1*,2- K0- G&6- $%&'()1&6
L040))*&,2'&6-;,-G&6-$%*,)*52406->0%)2'&6-K061*,&
n,X%(>$&' *(R,!,$&' ?&!' %>$%+,$&*(!' R*%>+%R,?(!' T' *&?' $(' ?&!' R,]!(!' (>' (?' M(*+,$&
M#>$%,?'$('+,*>('$('R&??&f'!('R,!,*G','R*(!(>",*'(?',>G?%!%!'+&MR,*,"%a&'R&*'R*%>+%R,?(!
R*&$#+"&!'i#('H&*M,>'R,*"('$(?'+&M(*+%&'M#>$%,?'$('+,*>('$('R&??&E
0(' R*(!(>",*G>' ?&!' R*%>+%R,?(!' M(*+,$&!' +&MR*,$&*(!' R&*' "%R&' $(' R*&$#+"&f
$(!",+,>$&' ?,' R,*"%+%R,+%_>' i#(' &+#R,>' ?&!' R*%>+%R,?(!' M(*+,$&!' (dR&*",$&*(!
%>+?#%$&!'?,'8*L(>"%>,E
)G!',$(?,>"(f'!('+&MR?(",*G'(!"(',>G?%!%!'+&>'?,! +&>$%+%&>(!'$(',++(!&'MG!'*(?(a,>"(!
i#(' +,$,' #>&' $(' ?&!' M(*+,$&!' ,>,?%c,$&!' R&!((' T' ?,' !%"#,+%_>' $(' ?,' 8*L(>"%>,' (>
*(?,+%_>',?'*(!"&'$('?&!'(dR&*",$&*(!E
6&M(>c,*(M&!' ,>,?%c,>$&' ?&!' /U' R*%>+%R,?(!'M(*+,$&!' +&MR*,$&*(!' $(' R&??&' (>"(*&
$#*,>"(' -..ZE' 6&M& !(' R#($(' &X!(*a,*' ,' "*,aK!' $(?' 6#,$*&' ;I' Qf' !(' +&MR,*,*G' ?,
R,*"%+%R,+%_>' $(' ?&!' R*%>+%R,?(!' R,]!(!' &' M(*+,$&!' (dR&*",$&*(!' $(' (!"(' R*&$#+"&J
C*,!%?f'?,'2 O-Qf'1#*i#],'T'?,'8*L(>"%>,E
6&M&' a(M&!f' ,' (d+(R+%_>' $(' 6W%?(f' C*,!%?' R&!((' #>,' R&!%+%_>' $&M%>,>"(' (>' ?&!
M(*+,$&!'+&MR*,$&*(!E
356157 8993,&:.0"&
'$.'3,&)&0%;
/'$.'4+!'
<*&,"+
0%&/.!'$
.'1=,&+4%)
./"&!'1
,=./"%/
&!
A6.(!"'<='T? !*,%*2.-$/'^)2"!&.("!$/'56,(*.-$/'($' "--"'0,&$!"'F$,')*-$/
($'&",$-.(./G
"/ .9/
^)2"!&.%*",$/
BCCV
!*,%*2.-$/'.L./&$%$("!$/
]!./*- \ Y0EBT \ R6!b69. \ 3!4$,&*,. \
> 3!.L*.'`.6(*&. NVDZDTV DVCZ>VI TV7> VIZCCC >V7D C C7C TZOB> >7S
B 0Y3 >TCZSSO >DTZITN OC7S BIZCCC >N7S C C7C DZION B7>
D ^!.b >NOZV>D ONZNCV IS7T C C7C IOZOTN DV7I C C7C
N d6f.*& ONZDND TSZIOS VC7O BZOCC D7D C C7C NCC C7I
I `6(:;!*%. >B>ZOSV VOZONI O>7> TZBCC I7V C C7C >NZSVB >B7>
S g$)$, >CTZSN> SIZVIT S>7D DOZ>CV DI7N C C7C BZDIT B7B
T 3,4"-. IIZSID `*,'(.&"/
O i):, >BVZNTO VIZN>D TD7T B>ZCCC >S7B C C SOD C7I
V ^!:, NOZICV `*,'(.&"/
>C 04*2&" NIZBVS DDZVIS TI7C C C C C BIC C7S
>> AK*-$ N>ZBNV BZBCC I7D C C C C DVZCBT VN7S
>B j.&.! DIZNND BIZVII TD7B BZICC T7> C C SBB >7O
>D ]$,9, DCZTDB `*,'(.&"/
>N a"!(.,*. BDZTI> >VZBVS O>7B DZVCC >S7N C C7C C C7C
>I Y0EBT >DZSIV TZVNT IO7B C C7C IZI>> NC7D
b#(>"(J' ?,X&*,+%_>'R*&R%,'(>'X,!(','$,"&!'$('1*,$(),RE
>',$(?,>"(f'!('R*(!(>",*G>'?&!'M%!M&!'$,"&!'R(*&'R,*,'+&>'?&!'M(*+,$&!'+&MR*,$&*(!
$('"*&c&!'$('R&??&'+&>L(?,$&!E
!"#$%&'$(')
(*+,$&
!"#
$%&'(&)*+,+"%-&'$.'(&/$%0%&
/.!'$
.'100.
!&2(+,/.'$.'3&44&
*;
>' (!"(' +,!&f' ?&!' R*%>+%R,?(!' R,]!(!' (dR&*",$&*(!' ,>,?%c,$&!' !&>' C*,!%?f' ?,' 2 O-Qf' ?&!
!",$&!'2>%$&!E'6W%?('T'>#(!"*&'R,]!'+&MR?(",>'(?'M,R,E
d%!"(>'\'L*,>$(!'M(*+,$&!'$('a,?&*'i#('"*,++%&>,>'(?'+&M(*+%&'M#>$%,?'$('"*&c&!J
/E [,'$(M,>$,'$('L,**,!'R&*'R,*"('$('6W%>,f'R*&$#+"&'i#('g>%+,M(>"('(>'6W%>,'!(+&>!#M('+&M&',?%M(>"&E
-E ?'M(*+,$&'$(',?"&'a,?&*'+&>!#M%$&*'$('R(+W#L,!f'*(R*(!(>",$&'R&*'?,'2 'T'?&! !",$&!'2>%$&!E
NE [,'$(M,>$,'$('D,R_>'$('+#,*"&!'"*,!(*&!'$(!W#(!,$&!'T'+&*",$&!'(>'+#X&!E
\E ?'M(*+,$&'R,*,'?,!',?,!f'i#('$&M%>,>'9#!%,'T':%(">,Mf'R*%>+%R,?M(>"(E
A6.(!"' <=' O? !*,%*2.-$/' ^)2"!&.("!$/' 56,(*.-$/' ($' R!"U"/' ($' "--"' F$,
)*-$/'($'&",$-.(./G
"/ .9/
^)2"!&.%*",$/
BCCV
!*,%*2.-$/'.L./&$%$("!$/
]!./*- \ Y0EBT \ 00YY \ 3!4$,&*,. \ AK*-$ \
> c",4'd",4 SOCZI>N NBTZBCD SB7O >>OZNTO >T7N >BIZNCC >O7N VZIDN >7N TZOOI >7B
B _6/*. IOIZIOV >BOZOTB BB7C >ITZONB BT7C BVDZOTB IC7B IZOVN >7C TO> C7>
D AK*,. I>IZIDS BOIZSOO II7N >CZCCB >7V ONZSBV >S7N >BVZVBT BI7B >BZVCV B7I
N a.2+, N>IZIDI DTIZSCD VC7N >ZTCO C7N DNZCIO O7B >BN C7C >ZIBC C7N
I 5@1*%" >VSZCCB C C7C C C7C >OCZC>O V>7O C C7C >IZVON O7B
S e*$&,.) DDZVBB SZSNT >V7S BTZBDV OC7D BDZION SV7I >ZVVS I7V C C7C
T A6L. >TIZCC> `*,'(.&"/
O 3,4"-. >TBZNTB `*,'(.&"/
356157 8993,&:.0"&
'$.'3,&)&0%;
/'$.'4+!'
<*&,"+
0%&/.!'$
.'1=,&+4%)
./"&!'1
,=./"%/
&!
"/ .9/
^)2"!&.%*",$/
BCCV
!*,%*2.-$/'.L./&$%$("!$/
]!./*- \ Y0EBT \ 00YY \ 3!4$,&*,. \ AK*-$ \
V Y0EBT >STZNCS >NOZ>BO OO7I C C7C C C7C TZIBI N7I >CZSDS S7N
>C Y%!.,*. >N>ZITV C C7C IIZ>OI DV7C OOZCON SB7B C C7C C C7C
>> 03Y VOZITV SNZCTT SI7C >ZC>V >7C DCZB>T DC7T C C7C C C7C
>B `6(:;!*%. >>TZSBV TOZOSC ST7C >NZ>ND >B7C DZBBV B7T >BZSNI >C7T B>S C7B
>D 3!.L*.'`.6(*&. ITZVON ITZOSO VV7O NVN C7V C C7C C C7C C C7C
>N R.*2$*'AK*," >CVZBBS C C7C C C7C >CVZBBS >CC7C C C7C C C7C
>I ^!.b >CDZNN> >VZI>N >O7V C C7C TTZ>NS TN7S C C7C C C7C
>S Q*-*2*,./ VOZTTD >SZVDT >T7> >CZ>O> >C7D NTZCS> NT7S C C7C C C7C
>T A"!$.'($-'`6! V>ZOOS DNZCBI DT7C NZDON N7O IDZVBV IO7T C C7C C C7C
>O `*,4.26! OIZVBS INZTSI SD7T T>N C7O BTZSNB DB7B VO> >7> ITV C7T
>V 8K.,. OBZTVD BDZIO> BO7I D>ZI>B DO7> >NZBSO >T7B C C7C C C7C
BC d*!46*/&:, OBZDBV DNB C7N >C> C7> T>ZO>V OT7B C C7C C C7C
b#(>"(J' ?,X&*,+%_>'R*&R%,'(>'X,!(','$,"&!'$('1*,$(),RE
6&M&' R&$(M&!' a(*f' >#(!"*&' R,]!' &+#R,' (!R,+%&!' M#T' R(i#(Y&!' $(>"*&' $(' ?&!
R*%>+%R,?(!'M(*+,$&!'+&MR*,$&*(!'$('"*&c&!f'$('M,>(*,'i#('R&$(M&!'%$(>"%H%+,*'#>,
$(X%?%$,$'%>"*]>!(+,'i#(',M(>,c,'?,'!#!"(>",X%?%$,$'$('?,!'(dR&*",+%&>(!E
7&*' g?"%M&f' !(' R*(!(>",>' ?&!' /.' R*%>+%R,?(!' R,]!(!' %MR&*",$&*(!' $(' R*(R,*,+%&>(!' $(
R&??&' T' ?,' R,*"%+%R,+%_>' $(' (!(' +&M(*+%&' R&*' ?&!' R*%>+%R,?(!' M(*+,$&!' (dR&*",$&*(!f
%>+?#%$&!'>#(!"*&'R,]!E
!"#$%&'$(')
(*+,$&
!"#
$%&'(&)*+,+"%-&'$.'(&/$%0%&
/.!'$
.'100.
!&2(+,/.'$.'3&44&
*<
A6.(!"'<='V? !*,%*2.-$/'^)2"!&.("!$/'56,(*.-$/'($'2!$2.!.%*",$/'($' "--"
F$,')*-$/'($'&",$-.(./G
"/ .9/
^)2"!&.%*",$/
BCCV
!*,%*2.-$/'.L./&$%$("!$/
R.*-.,(*. \ AK*,. \ ]!./*- \ 00YY \ 3!4$,&*,. \
> a.2+, DSOZIVO >VCZ>NN I>7S >TIZSVT NT7T OBC C7B C C7C C C7C
B Y0EBT DDBZTCI >OOZNIB IS7S TZBT> B7B >DCZBNN DV7> C C7C BZONO C7V
D A"-")L*. DIZVN> C C7C C C7C C C7C DIZVN> >CC7C C C7C
N A.,.(: BVZOOD BZCTN S7V C C7C C C7C BTZNDB V>7O C C7C
I c",4'd",4 ICZ>DB TZTVD >I7I >IZBOS DC7I BZTON I7S >ZIID D7> C C7C
S 00YY >VZCIO C C7C C C7C C C7C C C7C C C7C
T `*,4.26! >NZS>V >>ZTDC OC7B B>N >7I BNI >7T NST D7B C C7C
O A"!$.'($-'`6! >DZBDS OZOBV SS7T NZBNS DB7> C C7C >S> >7B C C7C
V 5@1*%" >BZO>T C C7C C C7C C C7C >BZO>T >CC7C C C7C
>C AK*-$ >CZNDV C C7C C C7C OZT>D OD7I ICS N7O >Z>TC >>7B
b#(>"(J' ?,X&*,+%_>'R*&R%,'(>'X,!(','$,"&!'$('1*,$(),RE
!M 3N9KD3DN9;L- .O.93;G.OD.LP- 3QNR.LP- RO.R.KNL
D9R;O9.3DN9.G;L
[,!' +&>$%+%&>(!' $(' ,++(!&' ,' ?&!' M(*+,$&!' $(' %MR&*",+%_>' !&>' #>' +&MR&>(>"(
H#>$,M(>",?','?,'W&*,'$(',>,?%c,*'?,'+&MR("%"%a%$,$'$('#>'R*&$#+"&'$('(dR&*",+%_>E
0%' (?' M(*+,$&' $(' %MR&*",+%_>' >&' $%!R&>(' $(' ,*,>+(?(!' ,?"&!' &' +#R&!' ?%M%",$&!f' (!
R&!%X?(' (dR*(!,*' ?,' +&MR("%"%a%$,$' $(' ?&!' R*&$#+"&! $(' (dR&*",+%_>' T' +&MR("%*' +&>
356157 8993,&:.0"&
'$.'3,&)&0%;
/'$.'4+!'
<*&,"+
0%&/.!'$
.'1=,&+4%)
./"&!'1
,=./"%/
&!
M,T&*' ?%X(*",$E' 7&*' (?' +&>"*,*%&f' !%' (?' R*&$#+"&' (!"G' H#(*"(M(>"(' *(L#?,$&f' !(*G'M#T
$%H]+%?'T'W,!",' %MR&!%X?('!(Lg>'(?'+,!&f'i#('#>'R*&$#+"&'R*&a(>%(>"('$('#>'"(*+(*'R,]!
+&MR%",'+&>'(?'R*&$#+"&'>,+%&>,?'TS&'+&>'&"*&'!%M%?,* $('&"*&'R,]!E
8' !#' a(cf' +#,>$&' #>' R,]!' >(L&+%,' #>' ,++(!&' R*(H(*(>+%,?' +&>' &"*&' R,]!f' ?(' (!"G
&"&*L,>$&' M,T&*' +&MR("%"%a%$,$' ,?' R*&$#+"&' H*(>"(' ,' &"*&' $(' &"*&' M(*+,$&E' !"&
&+#**('+&>'(?'+,!&'$('6W%?(f'i#('"%(>('+&!"&!'$('R*&$#++%_>'!#R(*%&*(!','?&!'$('>#(!"*&
R,]!'PR*%>+%R,?M(>"('R&*i#('%MR&*",'$('>&!&"*&!'L*,>'R,*"('$(?',?%M(>"&'$('?,!',a(!@'Tf
!%>'(MX,*L&f'L*,+%,!','?,'?,!'R*(H(*(>+%,!'i#('L&c,'(>'D,R_>f')Kd%+&'&'?,'2 O-Qf'+&>'?&!
i#(' "%(>(' 1*,",$&!' $(' [%X*(' 6&M(*+%&f' %>L*(!,' +,*>(' $(' R&??&' ,' (!"&!' M(*+,$&!
$(!R?,c,>$&','>#(!"*&'R,]!E
>' ,$(?,>"(f' !(' R*(!(>",*G' #>' ,>G?%!%!' R&*' R*&$#+"&' T' M(*+,$&' *(!R(+"&' ,' ?,!
+&>$%+%&>(!' $(' ,++(!&' ,' ?&!' R*%>+%R,?(!' R,]!(!' %MR&*",$&*(!' +&>' *(!R(+"&' ,' ?&!
R*%>+%R,?(!'(dR&*",$&*(!'M#>$%,?(!'$('(!('R*&$#+"&'T'?,'!%"#,+%_>'$('?,'8*L(>"%>,E
>' (?' +,!&' $(?' R&??&' (>"(*&f' +&M&' !(' R#($(' &X!(*a,*'MG!' ,X,e&f' >&' (d%!"(>' L*,>$(!
X,**(*,!',*,>+(?,*%,!'&'+#R&!'?%M%",>"(!E
[,' R*%>+%R,?' ?%M%",>"(' i#(' &H*(+(' (?' +&M(*+%&' $(' R&??&' (>"(*&' (!' i#(' ?,' H#(*"(
+&MR("(>+%,'i#('(e(*+('C*,!%?E
A6.(!"' <=' >C?' A",(*%*",$/' ($' 3%%$/"' .' -"/' !*,%*2.-$/' ^)2"!&.("!$/
56,(*.-$/'($' "--"'0,&$!"'F$,')*-$/'($'&",$-.(./G
!"#$%&'$(')
(*+,$&
!"#
$%&'(&)*+,+"%-&'$.'(&/$%0%&
/.!'$
.'100.
!&2(+,/.'$.'3&44&
?
"/ .9/
^)2"!&.%*+,
BCCV
A.!.%&$!9/&*%./
!"(6%&"
A",(*%*",$/'($'3%%$/"
A6"&. 3!.,%$-
3%%$/"' .9/$/
^)2"!&.("!$/
`*&6.%*+,'3!4$,&*,.
> 3!.L*.
`.6(*&.
NVDZDTV "--"'($'OCC'.
>ZBCC'4!.)"/
<i I\ `*, 2!$;$!$,%*. "
L.!!$!./
`*, 2!$;$!$,%*. "
L.!!$!./
B 0Y3 >TCZSSO "--"'($'OCC'.
>ZBCC'4!.)"/
<i I\ `*, 2!$;$!$,%*. "
L.!!$!./
`*, 2!$;$!$,%*. "
L.!!$!./
D ^!.b >NOZV>D "--"'($'OCC'.
>ZBCC 4!.)"/
<i I\ 3%%$/"'!$/&!*,4*("
($/($'-.'Y0'#'00YY
`*, 2!$;$!$,%*. "
L.!!$!./
N d6f.*& ONZDND "--"'($'OCC'.
>ZBCC'4!.)"/
<i I\ `*, 2!$;$!$,%*. "
L.!!$!./
`*, 2!$;$!$,%*. "
L.!!$!./
I `6(:;!*%. >B>ZOSV "--"'($'>ZBCC
.'>ZSCC'4!.)"/
<i BT\ l.'Y0'2"/$$'RlA #
2.4.'BC7BI\'($
3!.,%$-
`*, 2!$;$!$,%*. "
L.!!$!./
S g$)$, >CTZSN> "--"'($'OCC'.
>ZBCC'4!.)"/
<i I\ `*, 2!$;$!$,%*. "
L.!!$!./
`*, 2!$;$!$,%*. "
L.!!$!./
T 3,4"-. IIZSID "--"'($'>ZBCC
.'>ZSCC'4!.)"/
<i >C\ `*, 2!$;$!$,%*. "
L.!!$!./
`*, 2!$;$!$,%*. "
L.!!$!./
O i):, >BVZNTO "--"'($'OCC'.
>ZBCC'4!.)"/
<i I\ `*, 2!$;$!$,%*. "
L.!!$!./
`*, 2!$;$!$,%*. "
L.!!$!./
V ^!:, NOZICV "--"'($'OCC'.
>ZBCC'4!.)"/
<i I\ `*, 2!$;$!$,%*. "
L.!!$!./
`*, 2!$;$!$,%*. "
L.!!$!./
>C 04*2&" NIZBVS "--"'($'>ZBCC
.'>ZSCC'4!.)"/
<i BC\ `*, 2!$;$!$,%*. "
L.!!$!./
`*, 2!$;$!$,%*. "
L.!!$!./
>> AK*-$ N>ZBNV "--"'($'>ZSCC
.'BZBCC'4!.)"/
<i C\ 3!4$,&*,.7']!./*-7'-"/
0/&.("/'Y,*("/'#'-.
Y0'2"/$$,'RAl
3!4$,&*,.'*,4!$/.
-*L!$'($'.!.,%$-
>B j.&.! DIZNND "--"'($'OCC'.
>ZBCC'4!.)"/
<i I\ `*, 2!$;$!$,%*. "
L.!!$!./
`*, 2!$;$!$,%*. "
L.!!$!./
>D ]$,9, DCZTDB "--"'($'>ZBCC
.'>ZSCC'4!.)"/
<i /H( `*, 2!$;$!$,%*. "
L.!!$!./
`*, 2!$;$!$,%*. "
L.!!$!./
356157 8993,&:.0"&
'$.'3,&)&0%;
/'$.'4+!'
<*&,"+
0%&/.!'$
.'1=,&+4%)
./"&!'1
,=./"%/
&!
"/ .9/
^)2"!&.%*+,
BCCV
A.!.%&$!9/&*%./
!"(6%&"
A",(*%*",$/'($'3%%$/"
A6"&. 3!.,%$-
3%%$/"' .9/$/
^)2"!&.("!$/
`*&6.%*+,'3!4$,&*,.
>N a"!(.,*. BDZTI> "--"'($'OCC'.
>ZBCC'4!.)"/
<i I\ `*, 2!$;$!$,%*. "
L.!!$!./
`*, 2!$;$!$,%*. "
L.!!$!./
>I Y0EBT >DZSIV "--"'($'>ZSCC
.'BZBCC'4!.)"/
<i DB7IC'0Y_
H'>CC'J4
`*,'2!$;$!$,%*.'2.!.
]!./*-7'-"/'00YY'#
3!4$,&*,.
`*,'2!$;$!$,%*.'2.!.
3!4$,&*,.
b#(>"(J' ?,X&*,+%_>'R*&R%,'(>'X,!(','$,"&!'$('1*,$(),R'T'&"*,!'H#(>"(!E
>' (?' +,!&' $(' ?&!' "*&c&!' $(' R&??&f' ?,' !%"#,+%_>' (!' $%H(*(>"(' !(Lg>'M(*+,$&' T' "%R&' $(
R*&$#+"&E
>' (?' +,!&' $(' ?,!' L,**,!f' >&' (d%!"(>' M,T&*(!' "*,X,!' R&*' R,*"(' $(' ?&!' R*%>+%R,?(!
M(*+,$&!'+&MR*,$&*(!'6W%>,'T'n&>L'q&>L'P"*G>!%"&'W,+%,'6W%>,@'T,'i#('(!'#>'R*&$#+"&
i#('(?'M#>$&'>&'#"%?%c,'+&M&',?%M(>"&'W#M,>&'T'6W%>, !]E
?' +&M(*+%&' $(' +#,*"&!' "*,!(*&!' R&!((' #>' L*,$&' $(' *(L#?,+%_>' T' X,**(*,!'M,T&*E' [&!
R*%>+%R,?(!'R,]!(!'+&MR("%$&*(!'!&>'?&!' !",$&!'2>%$&!f'?,'2 'T'C*,!%?E
>'9#!%,f'R*%>+%R,?'M(*+,$&'+&MR*,$&*'$('(!"('R*&$#+"&f'(?'+&M(*+%&'(!"G'*(L#?,$&'R&*
#>,'+#&",',' ?,'i#(',++($(>'?&!' !",$&!'2>%$&!f'+&>'(?'QUm'$(?'"&",?'T' ?,'2 f'+&>'&"*&
-.mE'8R*&d%M,$,M(>"('#>'Um'*(!",>"('i#($,' ?%X*,$&'R,*,'"(*+(*&!'M(*+,$&!'$(>"*&
$(?' +#,?' C*,!%?' (e(*+(' H#(*"('R*(!%_>E' ?' ,*,>+(?'(d"*,O+#&",'(!'$(' +,!%' (?' /..m' ?&'i#(
?%M%",'(?',++(!&'R&*'H#(*,'$('(!"('+#R&E
!"#$%&'$(')
(*+,$&
!"#
$%&'(&)*+,+"%-&'$.'(&/$%0%&
/.!'$
.'100.
!&2(+,/.'$.'3&44&
?!
)Kd%+&' ",MX%K>' R&!((' !#' M(*+,$&' R*&"(L%$&' R,*,' R,]!(!' (d"*,' ;8b18f' R&*' ?&' i#(
g>%+,M(>"('?&!' !",$&!'2>%$&!'T'6,>,$G'R#($(>'%>L*(!,*'+&>'+,*>('$('R&??&E
6#X,f'8>L&?,'T'2+*,>%,'!&>'R,]!(!'(>'?&!'i#('(?'+&M(*+%&'!#(?('(!",*'+&>H&*M,$&'!(Lg>
?,!'*(?,+%&>(!'T',+#(*$&!'R&?]"%+&!'R,*,'+&>'?&!'R,]!(!'(dR&*",$&*(!E' !"&!',+#(*$&!'>&
!#(?(>' !(*' H&*M,?(!'R&*' ?&!'i#('(!'>(+(!,*%&'$(',++%&>(!'R&?]"%+,!'R,*,',X*%*'(!R,+%&f
MG!',??G'$(? "%R&'$(',*,>+(?E
[,'2 O-Q'(!'(?'L*,>'M(*+,$&'R,*,' ?,!'+&MR*,!' %>"(*>,+%&>,?(!'$('R(+W#L,!f'R*&$#+"&
$('a,?&*'R,*,' ?,' %>$#!"*%,',a]+&?,f' T,'i#(',' ?&!' !",$&!'2>%$&!' !&?&',++($(>' ?&!'&"*&!
!&+%&!'$(?';8b18'P6,>,$G'T')Kd%+&@f',$(MG!'$('6W%?(f'+&>'(?'i#('"%(>('1*,",$&'$('[%X*(
6&M(*+%&E' !"(' M(*+,$&' (!"G' H#(*"(M(>"(' *(L#?,$&' R&*' #>' !%!"(M,' $(' +#&",!' T
,*,>+(?(!' (d"*,O+#&",' R*&W%X%"%a&!E' C*,!%?' T' 1,%?,>$%,' !&>' ?&!' g>%+&!' M(*+,$&!' i#(
R&!((>'+#R&',!%L>,$&E
7&*' g?"%M&f' (!' %MR&*",>"(' $(!",+,*' (?' *&?' $(' :%(">,Mf 6&*(,' $(?' 0#*' T' 0%>L,R#*f
(+&>&M],!'(M(*L(>"(!'$('8!%,f'(>' ?,!'+&MR*,!' %>"(*>,+%&>,?(!'$(',?,!f'(>'(?' +,!&'$(
?&!'R*%M(*&!'$&!'T'R(+W#L,!' (>'(?' +,!&'$(' 0%>L,R#*E' !"&!'M(*+,$&!'>&'$%!R&>(>' $(
,*,>+(?(!',?"&!'>%' +#R&!f' !%>'(MX,*L&f' !&>'(!"*%+"&!'$(!$('(?'R#>"&'$('a%!",'!,>%",*%&f
i#('!('(*%L('+&M&'?,'R*%>+%R,?'X,**(*,','*(!&?a(*E
A6.(!"' <=' >C?' A",(*%*",$/' ($' 3%%$/"' .' -"/' !*,%*2.-$/' ^)2"!&.("!$/
56,(*.-$/'($'&!"U"/' "--"'F$,')*-$/'($'&",$-.(./G
"/ .9/
^)2"!&.%*",$/
BCCV
A.!.%&$!9/&*%./
!"(6%&"
A",(*%*",$/'($'3%%$/"
A6"&. 3!.,%$-
3%%$/"' .9/$/
^)2"!&.("!$/ `*&6.%*+,'3!4$,&*,.
> c",4
d",4
SOCZI>N 8.!!./ <i /H( `*,'2!$;$!$,%*.'"
L.!!$!./
`*,'2!$;$!$,%*.'"'L.!!$!./
356157 8993,&:.0"&
'$.'3,&)&0%;
/'$.'4+!'
<*&,"+
0%&/.!'$
.'1=,&+4%)
./"&!'1
,=./"%/
&!
"/ .9/
^)2"!&.%*",$/
BCCV
A.!.%&$!9/&*%./
!"(6%&"
A",(*%*",$/'($'3%%$/"
A6"&. 3!.,%$-
3%%$/"' .9/$/
^)2"!&.("!$/ `*&6.%*+,'3!4$,&*,.
B _6/*. IOIZIOV A6.!&"/
R!./$!"/'#'3-./
`^ VC\
$1&!.E
%6"&.
0Y37'Y0'#
.!.46.#'2"/$$,
%6"&.
3-'*46.-'b6$']!./*-7'26$($'"%62.!'$-
$/2.%*"'./*4,.("'2.!.'&$!%$!"/
)$!%.("/'b6$'$/'($
.2!"1*).(.)$,&$'$-'>C\''($-'&"&.-
($'-.'%6"&.
D AK*,. I>IZIDS 8.!!./ <i /H( `*,'2!$;$!$,%*.'"
L.!!$!./
`*,'2!$;$!$,%*.'"'L.!!$!./
N a.2+, N>IZIDI A6.!&"/
R!./$!"/
<i I\ `*,'2!$;$!$,%*.'"
L.!!$!./
`*,'2!$;$!$,%*.'"'L.!!$!./
I 5@1*%" >VSZCCB A6.!&"/
R!./$!"/
<i VO7OC\ 00YY'2"/$$,'-*L!$
.!.,%$-
`*,'2!$;$!$,%*.'-$'.2-*%.,'L.!!$!.
/.,*&.!*.
S e*$&,.) DDZVBB A6.!&"/
R!./$!"/'#'3-./
<i /H( `*,'2!$;$!$,%*.'"
L.!!$!./
`*,'2!$;$!$,%*.'"'L.!!$!./
T A6L. >TIZCC> A6.!&"/
R!./$!"/
<i /H( `*,'2!$;$!$,%*.'"
L.!!$!./
`*,'2!$;$!$,%*.'"'L.!!$!./
O 3,4"-. >TBZNTB A6.!&"/
R!./$!"/
<i /H( `*,'2!$;$!$,%*.'"
L.!!$!./
`*,'2!$;$!$,%*.'"'L.!!$!./
V Y0EBT >STZNCS $%K64. `^ >CB7N m
H>CC'J4
]!./*-7'R.*-.,(*.'#
AK*-$'2"/$$,
%6"&.'./*4,.(.
`*,'2!$;$!$,%*.'($L$'"%62.!'-"/
$/2.%*"/'-*L$!.("/'2.!.'&$!%$!"/
)$!%.("/
>C Y%!.,*. >N>ZITV A6.!&"/
R!./$!"/
<i /H( `*,'2!$;$!$,%*.'"
L.!!$!./
`*,'2!$;$!$,%*.'"'L.!!$!./
>> 03Y VOZITV A6.!&"/
R!./$!"/
<i I\ `*,'2!$;$!$,%*.'"
L.!!$!./
`*,'2!$;$!$,%*.'"'L.!!$!./
>B `6(:;!*%. >>TZSBV A6.!&"/
R!./$!"/
<i I\ Y0'2"/$$
2!$;$!$,%*.
.!.,%$-.!*.
`*,'2!$;$!$,%*.'"'L.!!$!./
>D 3!.L*.
`.6(*&.
ITZVON A6.!&"/
R!./$!"/
<i I\ `*,'2!$;$!$,%*.'"
L.!!$!./
`*,'2!$;$!$,%*.'"'L.!!$!./
!"#$%&'$(')
(*+,$&
!"#
$%&'(&)*+,+"%-&'$.'(&/$%0%&
/.!'$
.'100.
!&2(+,/.'$.'3&44&
?*
"/ .9/
^)2"!&.%*",$/
BCCV
A.!.%&$!9/&*%./
!"(6%&"
A",(*%*",$/'($'3%%$/"
A6"&. 3!.,%$-
3%%$/"' .9/$/
^)2"!&.("!$/ `*&6.%*+,'3!4$,&*,.
>N R.*2$*
AK*,"
>CVZBBS 8.!!./ <i /H( `*,'2!$;$!$,%*.'"
L.!!$!./
`*,'2!$;$!$,%*.'"'L.!!$!./
>I ^!.b >CDZNN> A6.!&"/
R!./$!"/
<i /H( `*,'2!$;$!$,%*.'"
L.!!$!./
`*,'2!$;$!$,%*.'"'L.!!$!./
>S Q*-*2*,./ VOZTTD A6.!&"/
R!./$!"/'#'3-./
<i /H( `*,'2!$;$!$,%*.'"
L.!!$!./
`*,'2!$;$!$,%*.'"'L.!!$!./
>T A"!$.'($-
`6!
V>ZOOS A6.!&"/
R!./$!"/'#'3-./
<i B>\ `*,'2!$;$!$,%*.'"
L.!!$!./
`*,'2!$;$!$,%*.'-$'.2-*%.,'L.!!$!.
/.,*&.!*.
>O `*,4.26! OIZVBS $%K64. <i C\ `*,'2!$;$!$,%*.'"
L.!!$!./
`*,'2!$;$!$,%*.'"'L.!!$!./
>V 8K.,. OBZTVD A6.!&"/
R!./$!"/
<i /H( `*,'2!$;$!$,%*.'"
L.!!$!./
`*,'2!$;$!$,%*.'"'L.!!$!./
BC d*!46*/&:, OBZDBV A6.!&"/
R!./$!"/
<i /H( `*,'2!$;$!$,%*.'"
L.!!$!./
`*,'2!$;$!$,%*.'"'L.!!$!./
b#(>"(J' ?,X&*,+%_>'R*&R%,'(>'X,!(','$,"&!'$('1*,$(),R T'&"*,!'H#(>"(!E
A6.(!"' <=' >>?' A",(*%*",$/' ($' 3%%$/"' .' -"/' !*,%*2.-$/' ^)2"!&.("!$/
56,(*.-$/'($'2!$2.!.%*",$/'($' "--"'F$,')*-$/'($'&",$-.(./G
"/ .9/
^)2"!&.%*",$/
BCCV A.!.%&$!9/&*%./
A",(*%*",$/'($'3%%$/"
A6"&. 3!.,%$-
3%%$/"' .9/$/
^)2"!&.("!$/ `*&6.%*+,'3!4$,&*,.
> a.2+, DSOZIVO e.!*"/ <i I\ `*,'2!$;$!$,%*.'"'L.!!$!./ `*,'2!$;$!$,%*.'"'L.!!$!./
B
Y0EBT DDBZTCI
e.!*"/ `^ >CB7N m
H>CC'J4
R.*-.,(*.' #' ]!./*-' 2"/$$,
%6"&.
`*,' 2!$;$!$,%*.' ($L$' "%62.!
-"/' $/2.%*"/' -*L$!.("/' 2.!.
&$!%$!"/')$!%.("/
356157 8993,&:.0"&
'$.'3,&)&0%;
/'$.'4+!'
<*&,"+
0%&/.!'$
.'1=,&+4%)
./"&!'1
,=./"%/
&!
"/ .9/
^)2"!&.%*",$/
BCCV A.!.%&$!9/&*%./
A",(*%*",$/'($'3%%$/"
A6"&. 3!.,%$-
3%%$/"' .9/$/
^)2"!&.("!$/ `*&6.%*+,'3!4$,&*,.
D
A"-")L*. DIZVN>
e.!*"/ `^ BC\ 00YY' *,4!$/.,'.'A"-")L*.
%",'6,'%62"'.%"!(.("'L.X"
$-'RlA
`*,' 2!$;$!$,%*.' -$' .2-*%.,
L.!!$!.'/.,*&.!*.
N
A.,.(: BVZOOD
e.!*"/ `^ >DS\ R.*-.,(*.7' ]!./*-' #' AK*-$
2"/$$,'%62"'$,'-.'%6"&.
`*,' 2!$;$!$,%*.' -$' .2-*%.,
L.!!$!.'/.,*&.!*.
I c",4
d",4 ICZ>DB
e.!*"/ <i C\ `*,'2!$;$!$,%*.'"'L.!!$!./ `*,'2!$;$!$,%*.'"'L.!!$!./
S
00YY >VZCIO
e.!*"/ <i S7N\ `*,'2!$;$!$,%*.'"'L.!!$!./ `*,' 2!$;$!$,%*.' -$' .2-*%.,
L.!!$!.'/.,*&.!*.
T `*,4.26! >NZS>V e.!*"/ <i C\ `*,'2!$;$!$,%*.'"'L.!!$!./ `*,'2!$;$!$,%*.'"'L.!!$!./
O A"!$.' ($-
`6!
>DZBDS e.!*"/ <i DC\ `*,'2!$;$!$,%*.'"'L.!!$!./ `*,' 2!$;$!$,%*.' -$' .2-*%.,
L.!!$!.'/.,*&.!*.
V
5@1*%" >BZO>T
e.!*"/ <i >S\ 3!.,%$-' C' 2.!.' -"/' 00YY' #
A.,.(:
`*,' 2!$;$!$,%*.' -$' .2-*%.,
L.!!$!.'/.,*&.!*.
>C
AK*-$ >CZNDV
e.!*"/ <i S\ 3!4$,&*,.7' ]!./*-' #' -.' Y0
2"/$$,'2!$;$!$,%*.
!$;$!$,%*.'.!.,%$-.!*.
b#(>"(J' ?,X&*,+%_>'R*&R%,'(>'X,!(','$,"&!'$('1*,$(),R'T'&"*,!'H#(>"(!E
7&*'g?"%M&f'!('(>+#(>"*,'(?'M(*+,$&'R,*,' ?&!'R*&$#+"&!'R*(R,*,$&!'i#(' %>+?#T(>'#>,
,MR?%,'L,M,'$('H&*M,!'$('R*(R,*,+%_>'TS&'+&++%_>f'+&M&'$('(>a,!(E
6W%>,f' 1,%?,>$%,' T' C*,!%?' ?%$(*,>' (!"(' M(*+,$&' ' i#(f' +&M&' a(M&!' MG!' ,**%X,' (!"G
H#(*"(M(>"('*(L#?,$&f'"(>%(>$&'>#(!"*&'R,]!'R*G+"%+,M(>"('>%>L#>,'R*(H(*(>+%,E
!"#$%&'$(')
(*+,$&
!"#
$%&'(&)*+,+"%-&'$.'(&/$%0%&
/.!'$
.'100.
!&2(+,/.'$.'3&44&
?;
!M! .L$;3RNL- L.9DR.ODNLP- 3N9B;9DNL- A RO.R.KNL
;SDLR;9R;L-;9RO;-GNL-$.DL;L-T.UN-.9.GDLDL
?' +&M(*+%&' %>"(*>,+%&>,?' $(' +,*>(' $(' R&??&' (!"G' H#(*"(M(>"(' +&>$%+%&>,$&' R&*
,!R(+"&!'!,>%",*%&!f'(!R(+%,?M(>"(','R,*"%*'$(' ?,',R,*%+%_>'$('H&+&!'$('4>H?#(>c,'8a%,*
(>'R,]!(!'$(?'W(M%!H(*%&'>&*"(E
6&M& !('M#(!"*,'MG!',X,e&f'$(!$('-..\'!('M#?"%R?%+,*&>'?&!'H&+&!'$('(!",'(>H(*M($,$
(>'a,*%&!'R,]!(!f'M#?"%R?%+,>$&'X,**(*,!'i#('?%M%",*&>'(?'+&M(*+%&'(>"*('?&!'R,]!(!'$(?
W(M%!H(*%&' >&*"(f' (*%L%K>$&!(' C*,!%?f' R*%>+%R,?M(>"(f' +&M&' R*%>+%R,?' ,X,!"(+($&*
M#>$%,?E
>' ,$(?,>"(f' !(' M#(!"*,' M,R,' (?,X&*,$&' R&*' ?,' 5*L,>%c,+%_>' )#>$%,?' $(' 0,>%$,$
8>%M,?f'*(!R(+"&','?&!'H&+&!'$('%>H?#(>c,',a%,*'$("(+",$&!'$(!$('-..\E
356157 8993,&:.0"&
'$.'3,&)&0%;
/'$.'4+!'
<*&,"+
0%&/.!'$
.'1=,&+4%)
./"&!'1
,=./"%/
&!
5"*,' (>H(*M($,$' +&Mg>' (>' ?,!' ,a(!' i#(' !#(?(' "(>(*' %MR?%+,>+%,!' (>' (?' +&M(*+%&
%>"(*>,+%&>,?' (!' ?,' (>H(*M($,$' $(' ;(o+,!"?(E' !",' (>H(*M($,$' (!' +&>"*&?,$,' (>' ?&!
R,]!(!'R*&$#+"&*(!'i#('W,>'"(>%$&'H&+&!'+&>'a,+#>,!'(!R(+%,?M(>"('$%!(Y,$,!'R,*,'!#
R*(a(>+%_>E
7&*' g?"%M&f' (!' %MR&*",>"(' $(!",+,*' ?&!' +&>"*&?(!' R,*,' ?,' $("(++%_>' $(' !,?M&>(??,' T
?%!"(*%,' i#(' (e(*+(>' ?&!' R*%>+%R,?(!' M(*+,$&!' %MR&*",$&*(!' $(' +,*>(' $(' R&??&E' !"&!
!#(?(>' !(*' M#T' *%L#*&!&!E' [,' H,?",' $(' #>' +*%"(*%&' $(' $("(++%_>' ,*M&>%c,$& T' ?,' >&
$("(++%_> $(' >%a(?' $(' *%(!L&f' L(>(*,' i#(' !(' *(+W,+(>' +&>"(>($&*(!' T' ,L*(L,
$%!+*(+%&>,?%$,$',?'+&M(*+%&E
!H! K;>.L- .L$;3RNL- O;G;B.9R;L- ;9- G.L
3N9KD3N9;L-K;-.33;LN-.G->;O.KN
!"#$%&'$(')
(*+,$&
!"#
$%&'(&)*+,+"%-&'$.'(&/$%0%&
/.!'$
.'100.
!&2(+,/.'$.'3&44&
?<
n,X%(>$&' W(+W&' (!"(' X*(a(' *(R,!&f' (!' R&!%X?(' ,H%*M,*' ?,' L*,>' +,>"%$,$' $('M($%$,!f
*(L#?,+%&>(!'T'&X!"G+#?&!'i#('!(' %>"(*R&>(>'(>"*('#>'R*&$#+"&f'(>'(!"('+,!&'?,'+,*>(
$(' R&??&' R*&a(>%(>"(' $(' #>' R,]!' R*&$#+"&*' T' (dR&*",$&*f' T' ?&!' +&>!#M%$&*(!' $(' ?&!
R,]!(!'%MR&*",$&*(!E
!"('H,+"&*'W,+('M#T'$%>GM%+&'(?'+&M(*+%&'%>"(*>,+%&>,?f'T'(?(a,'(?'*&?'$('?&!'L&X%(*>&!
R,*,' (?' !&!"(>%M%(>"&' $(' ?,!' *(?,+%&>(!' +&M(*+%,?(!E' 8' $%H(*(>+%,' $(' &"*&!' ,?%M(>"&!
PR*%>+%R,?M(>"(' ?&!' R*&$#+"&!' R*%M,*%&f' +&M&' ?&!' (?,X&*,$&!' T' (>a,!,$&!' R,*,' !#
+&>!#M&' H%>,?@f' R,*,' i#(' (d%!",' +&M(*+%&' %>"(*>,+%&>,?' !#!"(>",X?(f' (!' R*(+%!&' $(' #>
(!",$&' ,+"%a&' T' *(?,+%&>(!' L#X(*>,M(>",?(!' R(*"%>(>"(!f !&X*(' "&$& (>"*(' R,]!(!' (>
$(!,**&??&E
6&M&'$(MG!',!R(+"&!'*(?(a,>"(!',?',++(!&',' ?&!'M(*+,$&!'(!"G>' ?,!'>&*M,!'"K+>%+,!f
$(' (>a,!(' $(' ?&!' R*&$#+"&!' T' $(' +,?%$,$f' i#(' !&>' (d%L%$,!' R&*' ?&!' M(*+,$&!' $(
%MR&*",+%_>'T'i#('!#(?(>'"*,(*'MG!'$('#>'"*,!"&*>&'T'"*,X,!',?'+&M(*+%&E
!+ /&@#A&$(B@'#$&)4C4"#$@DE)'#$&)
6&M&'!('M(>+%&>_','?&'?,*L&'$(?'"*,X,e&f'?,'%**#R+%_>'$('6W%>,'T'?,'4>$%,'(>'(?'+&M(*+%&
M#>$%,?'$(',?%M(>"&!'+,MX%_'?&!'R,*,$%LM,!'W%!"_*%+&!'T'*(L?,!'$('e#(L&'(>'(?'M#>$&E
D#>"&' +&>' (!"&!' R,]!(!f' !(' (*%L%(*&>' &"*&!' R,]!(!' (M(*L(>"(!' i#%(>(!' +&M(>c,*&>' ,
"&M,*' M,T&*' R*&",L&>%!M&' (>' ?,!' *(?,+%&>(!' +&M(*+%,?(!' M#>$%,?(!f' ,R,*(+%(>$&
>#(a,!'&R&*"#>%$,$(!'T'+&M&'H*#"&'$(?'+*(+%M%(>"&'!&!"(>%$&'$('!#!'(+&>&M],!E
>' (?' +,!&' $(' ?,' +,*>(' $(' R&??&f' ?,' M#?"%R?%+,+%_>' $(' H&+&!' $(' %>H?#(>c,' ,a%,*' (> ?&!
R*%>+%R,?(!'M(*+,$&!' R*&$#+"&*(!' T' +&>!#M%$&*(!f' L(>(*,' #>,' +&>+*(",' &R&*"#>%$,$
356157 8993,&:.0"&
'$.'3,&)&0%;
/'$.'4+!'
<*&,"+
0%&/.!'$
.'1=,&+4%)
./"&!'1
,=./"%/
&!
i#('(!',R*&a(+W,$,'+,!%'+&>'(d+?#!%a%$,$'R&*'C*,!%?'i#%(>'!('+&>a%(*"('(>'(?'R*%>+%R,?
(dR&*",$&*'M#>$%,?E
!"('R*&+(!&'!('a('H#(*"(M(>"(',H(+",$&','R,*"%*'$('!(R"%(MX*( $('-..^'+#,>$&'(>"*,>
(>' +*%!%!' T' *(+(!%_>' ?,!' R*%>+%R,?(!' (+&>&M],!'$(?' W(M%!H(*%&'>&*"(E' ?' %>+%R%(>"(' R(*&
!&!"(>%$&' %MR#?!&' $(' ?,' $(M,>$,'M#>$%,?' $(' ,?%M(>"&!' R&*' R,*"(' $(' (+&>&M],!' (>
$(!,**&??&f'>&'(!'+,R,c'$('*(a(*"%*'(?'(H(+"&'$('(!",'+*%!%!E
0%>' (MX,*L&f' "&$,!' ?,!' R*&T(++%&>(!'M#>$%,?(!'R,*,' ?&!' R*_d%M&!' ,Y&!' +&%>+%$(>'(>
R&!%+%&>,*' ,?' M(*+,$&' M#>$%,?' $(' +,*>(' $(' R&??&' +&M&' #>&' $(' ?&!' i#(' !(L#%*G
+*(+%(>$&'!&!"(>%$,M(>"('T'+*(,>$&'&R&*"#>%$,$(!E
1,MX%K>' a%M&!' i#(' ?,' ,a%+#?"#*,' ,*L(>"%>,' R#$&' !,+,*' R*&a(+W&' $(?' +&>"(d"&' (>' (?
M(*+,$&' $&MK!"%+&' (' %>"(*>,+%&>,?f' L*,+%,!' ,' ?,' R?,>%H%+,+%_>' "(MR*,>,' T' "*,X,e&
+&&*$%>,$&','"*,aK!'$(?'7?,>' !"*,"KL%+&E
!"(' 7?,>' (!"*,"KL%+&' +&>"(MR?,' i#(' >#(!"*&' R,]!' (dR&*"(' ,?' M#>$&' +,!%' ^..E...
"&>(?,$,!'$('+,*>('$( R&??&'R,*,'(?',Y&'-./UE
>',$(?,>"(f'!('R*(!(>",*G'#>'+#,$*&'+&>'?&!'$(!"%>&!'$('?,!'(dR&*",+%&>(!'$('+,*>('$(
R&??&'$('?,'8*L(>"%>,'T'?,!'?%M%",>"(!'i#('(>H*(>",E
6&M&' R&$(M&!' a(*f' (!' R&!%X?(' ,H%*M,*' i#(' ?,!' (dR&*",+%&>(!' ,a]+&?,!' !(' (>+#(>"*,>
%MR&*",>"(M(>"(' ,M(>,c,$,!f' +&>' ,#!(>+%,' $(' *(?,+%&>(!' T' ,+#(*$&!' !_?%$&!' i#(
R(*M%",>'R*&T(+",*'HG+%?M(>"('#>'R?,>'$('+*(+%M%(>"&E
!"#$%&'$(')
(*+,$&
!"#
$%&'(&)*+,+"%-&'$.'(&/$%0%&
/.!'$
.'100.
!&2(+,/.'$.'3&44&
;
A6.(!"'<='>B?'A",(*%*",$/'($'3%%$/"'.'-"/' !*,%*2.-$/'.'-"/'b6$'-.'3!4$,&*,.
$,P9.'%.!,$'($'2"--"'F$,'&",$-.(./G
"/ .9/
012"!&.%*",$/
BC>C \ R*2"'($' !"(6%&" 3)$,.U./'"'-*)*&.,&$/
> e$,$U6$-. SOZSTB BN\ "--"'0,&$!"'>ZSCC
4!.)"/'.'BZBCC
4!.)"/
l"/' $,P9"/' ($' 2"--"' . $/&$ 2.9/' /$ $,%6$,&!.,
/6X$&"' .' -./' !$-.%*",$/' 2"-9&*%./' $,&!$' -"/
8"L*$!,"/'($'.)L"/'2.9/$/Z
B AK*-$ NVZCIC >T\ "--"'0,&$!"'>ZSCC
4!.)"/'.'BZBCC
4!.)"/'#'2$%K64./Z
0/&$' 2.9/' #.' K.' !$.-*U.("' *,P$/&*4.%*",$/' %",&!.
,6$/&!"' 2.9/ 2"!' ($,6,%*.' ($' (6)2*,4' #
%",/&.,&$)$,&$'.)$,.U.'%",'2",$!'/.-P.46.!(.Z
]!./*-' #' -"/' 0/&.("/' Y,*("/' &.)L*@,' K.,
%")$,U.("' .' $,P*.!' %.!,$' ($' 2"--"' .' $/&$
)$!%.("Z
D AK*,. DVZOB> >N\ 8.!!./Z <"'$1*/&$,'.)$,.U./'-.&$,&$/Z
N `6(:;!*%. BVZOOI >C\ A6.!&"/'&!./$!"/'#
%.!,$
)$%:,*%.)$,&$
($/K6$/.(.Z
<"' $1*/&$,' .)$,.U./' -.&$,&$/Z' <"' "L/&.,&$7' $-
($/.!!"--"'b6$ $/&: &$,*$,("'$/&$'2.9/'$,').&$!*.
.4!"2$%6.!*.' K.%$' 2$,/.!' b6$' $,' 6,' ;6&6!"
%$!%.,"'/$'.6&".L./&$U%.Z
I e*$&,.) >NZSN> I\ 3-./'#'26,&./'($'.-./Z <"' $1*/&$,' .)$,.U./' -.&$,&$/Z' `"-"' b6$' 2.!.
$,P*.!'.-./'$/'2!$%*/"'%"-"%.!'.,&$/' -.'2$%K64.'#
$-'%6.!&"'&!./$!"Z
S c",4'd",4 >CZSCV N\ 8.!!./Z <"'$1*/&$,'.)$,.U./'-.&$,&$/Z
T Y0EBT /.E\Q- N\ $%K64.'#'2"--"
$,&$!"Z
<6$/&!"'2.9/',"'2"/$$',*,4k,'&*2"'($'2!$;$!$,%*.
2"!' -"' b6$' ($L$' %")2$&*!' %",' $-' !$/&"' ($' -"/
2.9/$/'F)$,"/'R.*-.,(*.'#']!./*-G'$,'-"/'2$b6$M"/
$/2.%*"/'b6$'($X.,'-./'%6"&./Z'0-'.)$/$&.)*$,&"
($' -.' ($).,(.' #' )$!).' $,' 2!$%*"/' /' 6,.
.)$,.U.'%",%!$&.'($-'(9.'($'K"#Z
O _6/*. OZ>VB D\ A6.!&"/'&!./$!"/7'.-./
#'%.!,$
)$%:,*%.)$,&$
($/K6$/.(.Z
<6$/&!"' 2.9/' &.)2"%"' 2"/$$' 2!$;$!$,%*.' 2"!' -"
b6$' &.)L*@,' ($L$' "%62.!' $-' $/2.%*"' ($' %6"&.
&$!%$!"/' 2.9/$/7 /"-"' b6$' $,' $/&$' %./"' ($L$
%")2$&*!' %",' $-' 2!*,%*2.-' $12"!&.("!' )6,(*.-?
]!./*-Z'5$!%.("';6$!&$)$,&$'.)$,.U.("Z
356157 8993,&:.0"&
'$.'3,&)&0%;
/'$.'4+!'
<*&,"+
0%&/.!'$
.'1=,&+4%)
./"&!'1
,=./"%/
&!
"/ .9/
012"!&.%*",$/
BC>C \ R*2"'($' !"(6%&" 3)$,.U./'"'-*)*&.,&$/
V 3!.L*.
`.6(*&.
IZVIC B\ "--"'$,&$!"
OCC4!.)"/'.'>ZBCC
4!.)"/Z
<"'$1*/&$,'.)$,.U./'-.&$,&$/Z'0/&$'2.9/7'%")"'$-
!$/&"'($'-"/'($'5$(*"'i!*$,&$ ($).,(. 6,'2"--"
2$b6$M"' .-' %6.-' -.').#"!9.' ($' ,6$/&!.' *,(6/&!*.
,"'2"/$$'-./'%",(*%*",$/'($'2!"(6%*!-"'.'$/%.-.Z
>C `*,4.26! DZTTD >\ $%K64./Z <"' $1*/&$,' .)$,.U./' -.&$,&$/Z' `*,' $)L.!4"7' -./
.-&./' $1*4$,%*./' ($' $/&$')$!%.("7' /"L!$&"("' $,
%6.,&"' .' -.' ($&$%%*+,' ($' /.-)",$--.7' 2",$,' $,
2$-*4!"'%",'$-'$,P9"'($'%.(.'%",&$,$("!Z
R"&.-'56,(" BV>ZS>N >CC\
b#(>"(J' ?,X&*,+%_>'R*&R%,'(>'X,!(','$,"&!'$('0 ;808'T'&"*,!'H#(>"(!E
)G!' ,??G' $(' i#(' (?' R?,>' +&>"(MR?(' "&$,!' ?,!' %>a(*!%&>(!' T' *(+#*!&!' ,' $%!R&>(*' R,*,
,?+,>c,*'(!",!'M(",!f'#*L('R*%&*%",*%&'"*,X,e,*'+&&*$%>,$,'T'R*&,+"%a,M(>"('*(!R(+"&'$(
,i#(??,!' +#(!"%&>(!' i#(' R(*M%",>' ,?' !(+"&*' M(e&*,*' !#' +&MR("%"%a%$,$f' !%>' R&*' (??&
R&>(*'(>'e#(L&'"(M,!'$('!,>%$,$'&'+,?%$,$E
7,*,' (??&f' !(*G' >(+(!,*%&' ,R*&a(+W,*' ?&!' (!R,+%&!' $(' $%G?&L&' T' $%!+#!%_>' $(' R&?]"%+,!
(>"*('?&!'$%H(*(>"(!'!(+"&*(!'i#('H&*M,>'R,*"('$(?'!%!"(M,',L*&,?%M(>",*%&'(dR&*",$&*
$('?,'8*L(>"%>,f','H%>'$('(>+&>"*,*'R#>"&!'(>'+&Mg>'T'+&>!(>!&'!&X*('"(M,!'$('%>"(*K!f
R,*,'?#(L&'%>a&?#+*,*','?&!',+"&*(!'$( L&X%(*>&'*(?,+%&>,$&!f'+&>'(?'H%>'$('"*,>!H&*M,*
?&!'R*&T(+"&!'(>'R&?]"%+,!'T',+#(*$&!'+&>+*("&!E
>' ,$(?,>"(f' !(' R*(!(>",*G' #>'M,R,' *(!R(+"&' $(' ?,!' >(L&+%,+%&>(!' %>"(*>,+%&>,?(!' ,
H&*",?(+(*','H%>'$('&X"(>(*'M(e&*(!'+&>$%+%&>(!'$(',++(!&'R,*,'>#(!"*,'+,*>('$('R&??&
Tf'R&*'(>$(f'M(e&*,*' ?,'+&MR("%"%a%$,$'R(*M%"%(>$&'+*(+(*'(>'(!+,?,'T'+#MR?%*'+&>' ?,!
M(",!'R,#",$,!E
!"#$%&'$(')
(*+,$&
!"#
$%&'(&)*+,+"%-&'$.'(&/$%0%&
/.!'$
.'100.
!&2(+,/.'$.'3&44&
;!
>' *(?,+%_>' ,' ?&!' "(M,!' !,>%",*%&!' T' $(' +,?%$,$f' #*L(' %>+?#%*' (!"&!' "(M,!' $(>"*&' $(' ?,
R?,>%H%+,+%_>' (!"*,"KL%+,' ,' H%>' $(' $(H(>$(*' T' H&*",?(+(*' (?' !","#!' !,>%",*%&' $(' ?,
8*L(>"%>,f' +&M&' ,!]' &"&*L,*' W(**,M%(>",!' ,' ?,!' (MR*(!,!' R,*,' i#(' R#($,>' +(*"%H%+,*
>&*M,!'$('+,?%$,$'*(+&>&+%$,!'T'a,?&*,$,!'R&*'?&!'+&>!#M%$&*(!',?*($($&*'$(?'M#>$&E
5"*&',!R(+"&' %MR&*",>"(f'i#('$(X('!(*'R,*"('$('(!",'R?,>%H%+,+%_>'!&>' ?,!',+"%a%$,$(!
$('R*&M&+%_>'+&M(*+%,?'(>'?&!'M(*+,$&!'$('%MR&*",+%_>f'i#('R(*M%",>'+&>&+(*'M(e&*
,' ?&!' +&MR*,$&*(!f' ?&!' +,>,?(!' $(' +&M(*+%,?%c,+%_>f' ?,!' +,*,+"(*]!"%+,!' $(' ?&!
+&>!#M%$&*(!'T'!#!'+&!"#MX*(!','H%>'$('L(>(*,*'?,!',?%,>c,!'>(+(!,*%,!'R,*,'!&?%$%H%+,*
(?'(!R,+%&'&+#R,$&'(>'(!('M(*+,$&f'+&M&','!#'a(c'$%!R&>(*'$('#>,'*GR%$,'+,R,+%$,$
356157 8993,&:.0"&
'$.'3,&)&0%;
/'$.'4+!'
<*&,"+
0%&/.!'$
.'1=,&+4%)
./"&!'1
,=./"%/
&!
$(',$,R",+%_>','+#,?i#%(*'+,MX%&E' >'(!"(' *#X*&f'C*,!%?'W,' %MR?(M(>",$&'#>'>gM(*&
%MR&*",>"('$(',++%&>(!'RgX?%+&'R*%a,$,!'i#('R#($(>'"&M,*!('+&M&'*(H(*(>+%,E
>' $(H%>%"%a,f' (?' !(+"&*' ,a]+&?,' $(' ?,' 8*L(>"%>,' R&!((' "&$,!' ?,!' +&>$%+%&>(!' %>"(*>,!
+&M&' $(?' (>"&*>&' >(+(!,*%&' +&M&' R,*,' +&>"%>#,*' (>' ?,' !(>$,' $(?' +*(+%M%(>"&f
,?+,>c,>$&'?,!'R*&T(++%&>(!'(?,X&*,$,!E
;&' &X!",>"(f' *(!#?",' %MR*(!+%>$%X?(' L(>(*,* ?&!' (!R,+%&!' R,*,' (?' $%G?&L&' T' "&M,' $(
$(+%!%&>(!f'(>"*(' ?&!',+"&*(!'*(?(a,>"(!f',' H%>'$('R?,>%H%+,*'(!"*,"KL%+,M(>"('"&$&!' ?&!
,!R(+"&!'*(?(a,>"(!'(>' ?,'+&M(*+%,?%c,+%_>f' "(>%(>$&'(>'+#(>",'(?' %MR&*",>"('>gM(*&
$(',M(>,c,!'i#('!#H*(>'>#(!"*,!'(dR&*",+%&>(!E
1&M,>$&' +&M&' *(H(*(>+%,' ?,' (dR(*%(>+%,' $(' C*,!%?f' !(' %MR&>(' >(+(!,*%&' (?' "*,X,e&
R*&,+"%a&' T' H#(*"(M(>"(' +&&*$%>,$&' (>"*(' ?,!' (MR*(!,!' T' $(MG!' ,+"&*(!' i#(
+&>H&*M,>'(?'!(+"&*f'+&M&'$('?,!'(>"%$,$(!'$('L&X%(*>&'*(?,+%&>,$,!f'+&>'(?'&Xe("&'$(
+&>H&*M,* #>'R?,>'(!"*,"KL%+&'(!R(+]H%+&'R,*,'?,!'(dR&*",+%&>(!E
>+ FE&$%&)4"#$)ED%B(B)
C,!(! $( $,"&!' (' %>H&*M(!' $(?' 6(>"*&' $(' MR*(!,!' 7*&+(!,$&*,!' 8a]+&?,!P6 78@J oooE,a%+#?"#*,,*L(>"%>,E+&ME,*E
4>H&*M(!'$( )(*+,$&'$(?'3(R,*",M(>"&'$('8L*%+#?"#*,'$(' ?&!' !",$&!'2>%$&!JoooE#!$,EL&aE
3,"&!' $(' dR&*",+%&>(!' 8*L(>"%>,!' R#X?%+,$,!' (>' 1*,$(),RJoooE"*,$(M,RE&*LE
!"#$%&'$(')
(*+,$&
!"#
$%&'(&)*+,+"%-&'$.'(&/$%0%&
/.!'$
.'100.
!&2(+,/.'$.'3&44&
;*
!",$&' $(' 0%"#,+%_>' !,>%",*%, $(?' M(*+,$&' M#>$%,?' ,a%,*' R&*' ?,' 5*L,>%c,+%_>)#>$%,?'$('0,>%$,$'8>%M,?J oooE&%(E%>"E
C,!(!' $(' $,"&!' $(?' M(*+,$&' ,a]+&?,' M#>$%,?J oooE"W(R&#?"*T!%"(E+&MfoooE,X(HE+&MEX*f oooE%>"(*>,"%&>,?R&#?"*T+&#>+%?E&*Lf oooE,a(+OR&#?"*TE(#E
8+#(*$&!'6&M(*+%,?(!f'1*,",$&!'$('[%X*('6&M(*+%&'T'7*(H(*(>+%,!'8*,>+(?,*%,!JoooEo"&E&*LE
4>H&*M(!' $(?' M(*+,$&' ,a]+&?,' R#X?%+,$&!' (>' (?' )%>%!"(*%&' $(' 8L*%+#?"#*,f<,>,$(*],'T'7(!+,'T'(?'0 ;808E