!"#$%&'(%)*&&+(,%#-%.(/012&#1%*13%4#15#"36%&'(%7812+(,%#-%4'0*9*,%*13%&'(%9"*0"0(,%#-%&'(%.0&&+(%:02'#"16%&'(%;0<($=1%'*,%)((1%9"(,(1&>%%%?'(%;0<($=1%@2'&,%01%3(-(1,(%#-%&'(0"%5#$$810&=A,%B*+8(,%*13%-#"%&'(%9"(,("B*&0#1%#-%&'(0"%C*=%#-%+0-(>%%?'(%

5*8,(%#-%&'(%;0<($=1%0,%78,&05(D%-#"%&'(0"%9(#9+(6%*,%&'(0"%9(#9+(6%&'(%;0<($=1%9(",0,&,%-#"%*8&#1#$=6%C'05'%0,%-"((3#$>%%%

!"

!"#$%&'()

*&+,"%-')

!"#$%&'(!)*!+,%-.'/

#$%&'()*+,(+$$(-&.(/+0(+1&.2(-&.)()34*(+0,(+55.0323&06((72.,-(8.)29*)(29*(/&0/*:2%(&8(2)+;*/2&)-'(530.2*(&8(+0<$*(+0,(+,=+0/*,(308&)5+23&06((>+?*(%.)*(-&.(?0&@(9&@(2&(/$*+0(-&.)()34*(@*$$6((>+?*(%.)*(-&.(9+=*(%:+)*(:+)2%()*+,-(+0,(@329(-&.(30(29*(A*$,(38(%&5*2930<(1)*+?%6((

#1&=*(+$$'(&0/*(-&.(9+=*(5+%2*)*,(29*(B34*5-0C%(%2+0,+),'(

."/#0)$.0"*1)20/.)-$3)4'$25

!D

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

>+?*(*=*)-(/&.)%*(&8(A)*(:.):&%*8.$(1-(8&/.%30<(&0(+2($*+%2(&0*(*$*5*02(&8(293%(5+0.+$6((O9*(B34*5-0(3%(:).,*02(+0,(8&/.%*,6((7&5*(A0,(32(.%*8.$(2&(2)+30(@329(+(6DD(/+$31*)()34*6((#55.0323&0(3%(/9*+:(+0,()*+,3$-(+=+3$+1$*'(+$$&@30<(29*(:)+/23/30<(B34*5-0(2&(A)*(PQQQ%(&8()&.0,%(/9*+:$-6((>&,3A/+23&0%(/+0(1*(5+,*(2&(6DD()34*%(2&(/&0=*)2(29*3)(%3<92%(2&(H**:(%3<92%6((N2(5+-(%**5($3?*(&=*)?3$$(2&(9+=*(2@&()34*%'(1.2(:)+/23/*(3%(30=+$.+1$*'(+0,(-&.(@3$$(0**,(2&(2)+30(&29*)(:*&:$*(%&5*9&@6((

6789:;9;<=)/:)0>?@

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

!P

?'0,%9*$9'+(&%0,%C"0&&(1%-#"%&'#,(%C'#%*"(%=(&%&#%)(%-"((D%-#"%&'#,(%C'#%E1#C%&'*&%-"((3#$%C0&'#8&%*8&#1#$=%0,%,+*B("=>%F(#9+(%*"(%#1+=%*,%-"((%*,%$85'%*,%&'(0"%9"#&(5&#",%*++#C%&'($%&#%)(>%G(%C0++%)(%#8"%#C1%9"#&(5&#",>%%?'0,%0,%-#"%&'#,(%C'#%5#13($1%#99"(,,0#1%*13%&'(%01,&0&8&0#1,%#-%,85'>%%;0<($=1%3(,0"(%*%9(*5(-8+%C*=%#-%+0-(%-"((%-"#$%B0#+(1&%*13%#99"(,,0B(%0130B038*+,%*13%01,&0&8&0#1,>%%?'(=%#99#,(%5#("50#1%*13%B#C%&#%1(B("%)(5#$(%0130B038*+,%#- %

5#("50#1%*2*01,&%9(*5(-8+%9(#9+(>

687:)$<@

.0")*&+,"%/'

9*(B34*5-0(3%(+(:*)%&0(/+:+1$*(&8(932230<(DQ(30/9(2+)<*2%(8)&5(!QQ(5*2*)%(@329(%2+0,+),'()+/?(<)+,*(*J.3:5*02(+0,(+55.0323&06(O9*(B34*5-0(,&*%(0&2()*$-(&0(%:*/3+$(*J.3:5*02(8&)(*Y/*$$*02(

5+)?%5+0%93:'(1.2(&0(2).*(%?3$$(+0,(?0&@$*,<*6((O9*(B34*5-0(3%(0&0M+<<)*%%3=*'(:+23*02(+0,(9*%32+02(2&(.%*(+()34*6((B34*5-0(/+0(932(+0-(2+)<*2(29*-(%**6

O[*30<(+1$*(2&(932(2+)<*2%(+2(!QQ5(3%(%?3$$(.03J.*(2&(29*(B34*5-06(([*30<(

+1$*(2&(932(+2(!QQ5(5+Y353K*%(-&.)(*88*/23=*0*%%(@93$*(530353K30<(-&.)()3%?6(>&%2(+,=*)%+)3*%(/+0(&0$-(/&0%3%2*02$-(932(2+)<*2%(+2("QQ5(+0,(/$&%*)6(([-(1*30<(1*-&0,("QQ5'(29*(B34*5-0(3%(+($322$*(%+8*)'(-*2(=*)-(*88*/23=*6(((

O9*(302*023&0(&8(293%(:+5:9$*2(3%(2&(&88*)(29*(308&)5+23&0(2&(*J.3:(+=*)+<*(@&5*0(+0,(5*0(@329(29*(8.0,+5*02+$(%?3$$%(+0,(?0&@$*,<*(2&(1*/&5*(*Y:*)2(B34*5-06

#A>>B;<=)8)*;C@

T&)(&.)(:.):&%*%'(/+$31*)(+0,()+2*(&8(A)*(+)*(29*(*$*5*02%(@93/9(0**,(5&%2(/&0%3,*)+23&0(@9*0(/9&&%30<(+()34*6(>&,*)0(53$32+)-M2-:*()34*%(+)*(:)*8*))*,(+%(29*-(+)*(&82*0(:$*0238.$'(/9*+:'(+.2&($&+,30<(E%*53M+.2&5+23/F(+0,(:)&=*06(730/*(@*(:$+0(&0(1*30<(/&5:*2*02(@329(2+)<*2%(+2(!QQ(5*2*)%'(@*(0**,(+(/+$31*)(/&0%3%2*02$-(/+:+1$*(&8(932230<(29*%*(2+)<*2%6

P

687:)D)

0>E):>)6789:;9@

*/&530<(+(B34*5-0()*J.3)*%(:)+/23/*6((N2(3%(0&2(*0&.<9(2&(%35:$-()*+,(293%(5+0.+$(+0,(?**:(29*()34*(:.2(+@+-(8&)(29*()+30-(,+-6((\&.(5.%2(%&5*9&@(*Y2)+/2(?0&@$*,<*(8)&5(29*%*(@&),%(+0,(302*<)+2*(29*5(302&(

-&.)(1&,-'(5+?30<(29*%*(/&0/*:2%(+0,(2*/903J.*%(%*/&0,(0+2.)*6((\&.(@3$$(0**,(2&(:)+/23/*(+($&26((#82*)(5+0-(9&.)%(&8(:)+/23/*(+0,(:*)9+:%(9.0,)*,%(&8()&.0,%'(-&.(@3$$(9+=*(29*(W+9(9+]X(5&5*026((#2(293%(5&5*02'(*=*)-2930<(@3$$(8**$()3<926(\&.(@3$$(<&(,&@0()+0<*(+0,(+$$(-&.)(1.$$*2(9&$*%(@3$$(1*(%2+/?*,(.:(30%3,*(*+/9(&29*)6((

[

6789:;9;<=)/:).A@)*8<=@

H)+/23/*(.023$(-&.(/+0(:.2(PQ()&.0,%(302&(+(PX(%J.+)*(+2(D!5(30("Q(%*/&0,%6((O9*0'(:)+/23/*(.023$(-&.(/+0(:.2(DQ()&.0,%(302&(2@&(P(30/9(%J.+)*%6((PQ(302&(*+/9(&8((%J.+)*(+2(D!5(30(^Q(%*/&0,%6((_**:(+,,30<(,38A/.$2-6(([*(/)*+23=*(+0,(2930?(&8(9&@(2&(5353/(:&2*023+$(%32.+23&0%6((((

R&(0&2(&0$-(A)*(+2(&0*(2+)<*26((>+?*(%*=*)+$(2+)<*2%6((H)+/23/*(%938230<(1*2@**0(29*56((\&.(5.%2()*+/J.3)*(GHI#(8&)(*+/9(2+)<*26((H)+/23/*(5+?30<(-&.)(%9382%(%*/&0,(0+2.)*6((#$%&'(,&(0&2(&0$-(A)*(8)&5(&0*(:&%323&06((O35*(-&.)%*$86((72+)2(%2+0,30<'(,)&:(302&(:)&0*(:&%323&0(&)(%32230<(:&%323&06((O93%(/)*+2*%(+(/&.)%*(&8(A)*(29+2()*J.3)*%(-&.(2&(J.3/?$-(+/J.3)*(-&.)(G+2.)+$(H&302(&8(#356((>+?*(%.)*(2&(9+=*(%*=*)+$(2+)<*2%'(:)+/23/30<(-&.)(GHI#(%9382%6((

H)+/23/*(@329(8)3*0,%6((`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

a*+)0(8)&5(-&.)(53%2+?*%6((B*+,(-&.)(<)&.:%6((O9*-(9&$,(=+$.+1$*(308&)5+23&0(29+2(/+0(1*(302*):)*2*,(2&(9*$:(3,*0238-(-&.)(53%2+?*%6((O-:3/+$$-'(=*)23/+$(%2)30<30<(&8(%9&2%(5*+0%(-&.(+)*(8+3$30<(2&(9+=*(+(/&0%3%2*02()*%:3)+2&)-(:+.%*6((I)'(-&.)(%3<92(:3/2.)*(3%(30/&0%3%2*026((G&(,3%230<.3%9+1$*(<)&.:($3?*$-(5*+0%(29*(%9&&2*)(3%(8+3$30<(2&(8&/.%(&0(29*(8)&02(%3<92'(8+3$30<(2&(/+$$(29*(%9&2(

!Q

1F>G@)

N0(<*0*)+$'(+(B34*5-0(@3$$(0&2(0**,(2&(/&5:*0%+2*(8&)(%$&:*6((b&@*=*)'(30(*Y2)*5*(/+%*%(32(5+-(1*(0*/*%%+)-6((#%(+(<*0*)+$().$*S

HI1+(,,%&'(%&*"2(&%0,%JKK%=*"3,%#"%$#"(%*C*=6%LMN%&'(%,+#9(%0,%OP%3(2"((,%#"%Q?RRFR;6%=#8%,0$9+=%&*E(%&'(%,'#&%C0&'%*%1#"$*+%,02'&%905&8"(>S

N8(29*(2+)<*2(3%(1*-&0,("QQ(+0,(+2(+(Z!(,*<)**(+0<$*'(+35(+($322$*(93<9*)(&0(29*(2+)<*26((O93%(%35:$3A*,(8&)5.$+(@&)?%(8&)(.:93$$(%$&:*%(+0,(,&@093$$(%$&:*%6(#%(+$@+-%'(2)-(32(+0,(/&0A)5(32(8&)(=#8"%)34*(30(29*(A*$,6((

2@8:A@7H/:?>BGA@7;9)"II@9:B

V*+29*)((@3$$(9+=*(+0(*88*/2(&0(-&.)(1.$$*2(:+296((U*0*)+$().$*%(+)*(+%(8&$$&@%S

.@?G@78:J7@M(T&)(*=*)-(DQ(,*<)**%(T+9)*09*32(E6c(,*<)**%(`*$%3.%F'(:&302(&8(35:+/2(@3$$(%9382(P(>I#6(#%(2*5:*)+2.)*(30/)*+%*%'(+,;.%2(-&.)%3<92%(,&@06(#%(2*5:*)+2.)*(,*/)*+%*%'(+,;.%2(-&.)(%3<92%(.:6

0J?;K;:LM(T&)(*=*)-(DQd(/9+0<*(30(9.53,32-'(:&302(&8(35:+/2(@3$$(%9382(P(>I#6(#%(9.53,32-(30/)*+%*%'(+,;.%2(-&.)(%3<92%(.:6(#%(9.53,32-,*/)*+%*%'(+,;.%2(-&.)(%3<92%(,&@06

"F@M8:;><M(T&)(*=*)-(!'QQQ(8**2(EP'!QQ5F(&8(*$*=+23&0(/9+0<*'(:&302(&8(35:+/2(@3$$(%9382(P(>I#6(#%(*$*=+23&0(30/)*+%*%'(+,;.%2(-&.)(%3<92%(,&@06((#%(*$*=+23&0(,*/)*+%*%'(+,;.%2(-&.)(%3<92%(.:6

L%%*023+$$-'(+%(29*(+3)(2930%(E$&@*)(9.53,32-'(93<9*)(*$*=+23&0'(93<9*)(2*5:*)+2.)*F(29*)*(@3$$(1*($*%%(,)+<(&0(29*(1.$$*2(%&(32(@3$$(4-(4+22*)6((b&@*=*)'(,&(0&2()*$-(&0(29*%*(A<.)*%6((735:$-(/&0A)5(-&.)(K*)&(30(+$$(@*+29*)(+0,(@)32*(32(,&@0(%&(-&.(?0&@(9&@(2&(+,;.%26((

Ze

T&)(293%()*+%&0'(29*(^6cDY!P(0+2&(E6"Qf(@30/9*%2*)F'("Q6Qc(%:)30<A*$,(&)(^6cDY!Z)(+)*(:)*8*))*,(&=*)(%5+$$*)(&)(5&)*(.0%2+1$*(/+$31*)%6(O9*(&29*)(/&55&0(/+$31*)%(+)*(!6!c(0+2&(E6DD"(@30/9*%2*)F(&)(29*(^6cDY"e6(O9*%*(+)*(308*)3&)(1*/+.%*(29*-(+)*(0&2(*,%*88*/23=*(+2($&0<*)()+0<*%6(I8(/&.)%*'(32(/+0(1*(,&0*6(g%*(@9+2(-&.(9+=*6

O9*(^6cDY!P(/+$31*)(3%(+(0+2&(%2+0,+),3K*,()&.0,(8&)(/.))*02(%2+2*(+)53*%6(7.):$.%(+55.0323&0(3%(<*0*)+$$-(+=+3$+1$*(38(%*+)/9*,(8&)6(O9*)*(+)*(%*=*)+$(&:23&0%(8&)()34*%(30(293%(/+$31*)6((

O9*(1*%2(&:23&0(3%(29*(>P#6(O9*(>P#(3%(29*(%*53M+.2&5+23/(=*)%3&0(&8(29*(g676(>3$32+)-h%(%9&)2($3=*,(>PZ6(O9*(>P#(&88*)%(%.:)*5*(+//.)+/-'(*Y/*$$*02(%3<92%'(+0,(+(DQ()&.0,(5+<+K30*6((

#0&29*)(&:23&0(3%(+(TGiT#a(2-:*(1+22$*()34*6(O9*%*(+)*(*Y/*$$*02()34*%(+0,(+)*(%2+0,+),(3%%.*(8&)(5+0-(+)53*%6(O9*%*(+)*(J.32*(+(132(/9*+:*)(30(:)3/*(29+0(29*(>P#'(5+?30<(32(5&)*(+//*%%31$*6(O9*(%3<9230<(%-%2*5'(9&@*=*)'(3%(0&2(J.32*(+%(%35:$*(&)(:*)8*/2*,(+%(29*(>P#6((

O9*(#BMPQ(3%(+0&29*)(&:23&0'(29&.<9(&82*0(:)3/*-(+%(32(9+%(0&2(1**0(+(53$32+)-(%2+0,+),(3%%.*()34*6(N2(3%(*%%*023+$$-(+0(#BP!(E5&)*(+1&.2(1*$&@F(/9+51*)*,(30(^6cDY!P6

O9*("Q6Qc(7:)30<A*$,(/+$31*)(3%(+$%&(3,*+$(8&)(29*(B34*5-0'(/&55&0$-(?0&@0(8&)(32%(.%*(30(29*(>P(U+)+0,6(O9*(>P(U+)+0,(3%(29*(:)*,*/*%%&)(2&(29*(>PZi>P#6((O9*-(+)*(=3)2.+$$-(29*(%+5*(*Y/*:2(8&)(%:*/3A/(/+$31*)(+0,(1.$$*2(/+:+/32-6(O9*(>P(U+)+0,(3%(5&)*(@3,*$-(+=+3$+1$*(29+0(29*(>P#(+0,(/+0(1*(/9*+:*)6(VVNN(%.):$.%()34*%(+)*(1*30<(%&$,(29)&.<9(29*(`3=3$3+0(>+)?%5+0%93:(H)&<)+5(E8&)(g676(`323K*0%F(8&)(+%($&@(+%(jZe!'(29&.<9(1*(/+)*8.$(2&(1.-(+(<&&,(&0*6

L++%#-%&'(%*)#B(%"0<(,%*"(%(/5(++(1&%5'#05(,%-#"%&'(%;0<($=1>

O9*(^6cDY!PB(E^6cD(B.%%3+0F(/+0(1*(.%*,(:)35+)3$-(30(29*(>&%30(G+<+02()34*6(O93%(5+<+K30*(8*,(1&$2(+/23&0()34*(3%(*Y/*$$*02(8&)(+//.)+/-(+0,(3%(J.32*(30*Y:*0%3=*(E`+0(1*(8&.0,(8&)(+)&.0,(jfQF6(O93%()34*(3%(+0(*Y/*$$*02(/9&3/*(8&)(29*(B34*5-0(&0(+(1.,<*26

#$%&(/9*/?(&.2(29*([)323%9(L0A*$,(+0,(29*(U*)5+0(>+.%*)(+%(30*Y:*0%3=*(+0,(+//.)+2*(1&$2(+/23&0()34*%6

$:A@7)98F;N@7BO)P5PQ)<8:>)R5SST)E;<9A@B:@7U)8<K)V5QSWTX_0&@0(+%(k29*(1$+/?()34*k(29*(#BP!(3%(29*(/3=3$3+0(%*53+.2&5+23/(=*)%3&0(

&8(29*(g676(53$32+)-h%(/.))*02(3%%.*(>Pci>Z6(O9*(#BP!(3%(*Y2)*5*$-(=*)%+23$*(+0,(

D

/&55&0'(5+0.8+/2.)*,(1-(5+0-(/&5:+03*%(+0,(30,3=3,.+$%6(U*0*)+$$-'(2@&(%3K*%(+)*(+=+3$+1$*(8&)(/&0%3,*)+23&0S(Pc(30/9(1+))*$(+0,(+(DQ(30/9(1+))*$6(O9*(Pc(30/9(1+))*$(3%(,*%3<0*,(8&)(9*+=3*)'(5&)*(*Y:*0%3=*(+55.0323&0(+0,(/$&%*(J.+)2*)(A<9230<6(O9*(DQ(30/9(1+))*$(3%(<*0*)+$$-(1*22*)(8&)($&0<*)()+0<*(2+)<*2%(+0,(%2+0,+),(+55.0323&06((O9*(Pc(30/9(1+))*$*,(#BP!(3%(+(/+)130*6((O9*(DQ(30/9(1+))*$*,(#BP!(3%(+("0<(6(

7.):$.%(+55.0323&0(3%(<*0*)+$$-(8&.0,(30(2@&(1.$$*2(@*3<92%S(!!(<)+30%(+0,(cD(<)+30%6(#(DQk(1+))*$(@329(+(PSe(2@3%2(3%(+(k&0*(%3K*(A2%(+$$k(&:23&06((T&)(29*(B34*5-0'(/9&&%*(+(DQk(1+))*$(@329(+(PSe(2@3%2(+0,(A0,(53$32+)-(cD(<)+30(1.$$*2%6(N8(-&.(9+=*(+(,388*)*02(/&0A<.)+23&0'(29+2C%(&?+-6((g%*(326

V93$*(293%()34*(3%(/&55&0(+0,(/.$2.)+$$-(:&:.$+)'(32(3%(0&2(03(*+%8&)(B34*5-0M2-:*(%9&&230<6(R*%:32*(32%($3<92(/+$31*)'(32(/+0(9&@*=*)(1*(=*)-(*88*/23=*6(N2(3%(%23$$(+(=*)-(<&&,(&:23&06

O9*(^6cDY"e(/+$31*)(3%(5+30$-(.%*,(30(+0(#_Z^(&)(7_76(O9*(308+5&.%(#_Z^(3%(:&:.$+)'(:$*0238.$'(+0,(8.$$(&8(/.$2.)+$(+%%&/3+23&0%6((#55.0323&0(3%(:$*0238.$(+0,(/9*+:6(V93$*(5*/9+03%23/+$$-()*$3+1$*'(32(3%(0&2()*$3+1$*(2&(932(2+)<*2%(1*-&0,("QQ(5*2*)%6(#=&3,(38(:&%%31$*'(1.-(38(0*/*%%+)-6((

`&.%30(2&(29*(#_Z^(3%(29*(7_76(R*%3<0*,(1-(29*(7&=3*2%(8&)(/$&%*)(*0<+<*5*02%(29+0(29*(^6cD(B.%%3+0(/+$31*)'(29*(7_7(3%(+$%&(*88*/23=*(2&(+)&.0,("QQ(5*2*)%'(29&.<9(/+0(1*(%2)*2/9*,(8.)29*)6(#=&3,(38(:&%%31$*'(1.-(38(0*/*%%+)-6

N0(29*(*0,'(*J.3:5*02(3%(%.1&),30+2*(2&(?0&@$*,<*(+0,(%?3$$6((#(B34*5-0(/+0(2+?*(.:(+0-()34*(+0,(1*(+//.)+2*6((

687:)&&)

."#0'&Y3"

?(5'10T8(%0,%*%5#$)01*&0#1%#-%E1#C+(32(%#-%5#15(9&,%*13%9'=,05*+%,E0++>

9*(B34*5-0(A)*%(8)&5(29)**(5+30(A*$,(:&%323&0%S(:)&0*'(%32230<(+0,(%2+0,30<6(L+/9(:&%323&0(9+%(32%(:)+/23/+$(+::$3/+23&0%(1+%*,(&0(,3%2+0/*(&8O

2+)<*2'(2*))+30'(+0,(235*(8&)(:)*:+)+23&06(L+/9(:&%323&0(3%(,*%3<0*,(2&(530353K*(29*(.%*(&8(5.%/$*%6(>.%/$*%(<*2(23)*,(+0,(1*/&5*(.0%2+1$*'(29.%(29*-(+)*(0&2(/&0,./3=*(2&(%2*+,-(+356(

"

UV-%=#8%)(+0(B(%&'*&%C013%C0++%,0210@5*1&+=%*--(5&%&'(%,'#&6%-*B#"%&'(%89C013%,03(%#-%&'(%&*"2(&%*&%JKK%*13%'*+-W#--%*&%PKK%=*"3,>U

V+2/9(8&)(,&@0)+0<*(8**,1+/?(M/+$$(29*(%9&2M(+0,(/&5:*0%+2*(8&)(+0-(8&$$&@M.:(%9&2%6((l*)38-(+2(+()+0<*(30(=+)-30<(/&0,323&0%6((

*8<=@)"B:;?8:;><

N0(<*0*)+$'(+()34*C%(8)&02(%3<92(@3$$(1*(29*(@3,29(&8(+(DQ(30/9(2+)<*2(+2(%&5*(,3%2+0/*6((g%.+$$-(293%(,3%2+0/*(3%(29*([+22$*(73<92(m*)&6((N8(29*(2+)<*2(+::*+)%(29*(%+5*(@3,29(&)(@3,*)(29+0(29*(8)&02(%3<92'(%35:$-(2+?*(29*(%9&26((

#(B34*5-0(%9&.$,(?0&@(29*(,3%2+0/*(+2(@93/9(29*3)(8)&02(%3<92(*J.+$%(+(DQ(30/9(2+)<*26((g%30<(293%(?0&@$*,<*'(+(B34*5-0(%9&.$,(1*(+1$*(2&(.%*(29*3)(8)&02(%3<92(+%(+()+0<*(A0,*)6((T&)(*Y+5:$*'(+(%2+0,+),(>P#(%3<92(3%(.%.+$$-(^(>I#(@3,*6((O93%(3%(29*(%+5*(@3,29(&8(+(DQ(30/9(2+)<*2(+2(D!Q56(

P5&+(n(D!Q5(o(D6!(30/9*%(D6!(30/9*%(Y(^(>I#(!(DQ(30/9*%

O9*)*8&)*'(29*(8)&02(%3<92(+::*+)%(2&(*J.+$(+(DQX(2+)<*2(+2(D!Q5

I29*)()+0<*%(/+0(1*(*%235+2*,(.%30<(29*(%+5*($&<3/

^(>I#(i(D(o("6!(>I#(((E9+$8(29*(^(>I#(8)&02(%3<92FP(>I#(n(!QQ5(o(!(30/9*%((

"6!(>I#(Y(!(30/9*%(EP5&+n!QQFo(P^6!(W(E/$&%*(*0&.<9(2&(DQX(+2(!QQ(-+),%F

O9*)*8&)*'(9+$8(29*(8)&02(%3<92(+::*+)%(2&(*J.+$(+(DQX(2+)<*2(+2(!QQ5

I29*)(5*29&,%(&8()+0<*(A0,30<(*Y3%26((7&5*(5*5&)3K*(9&@(&1;*/2%(+::*+)(+2(=+)3&.%(,3%2+0/*%6((O93%(3%(%&5*235*%()*$3+1$*6((I29*)%(.%*(+()+0<*(A0,*)6((b&@*=*)'(+(B34*5-0(@3$$(+$@+-%(9+=*(29*3)()34*6((U&(302&(29*(A*$,(+0,(<*2(2&(?0&@(29*()*$+23&0%93:(1*2@**0(-&.)(8)&02(%3<92(+0,(+(DQ(30/9(2+)<*2(+2(=+)3&.%(,3%2+0/*%(1*-&0,("QQ56((I0$-(:)+/23/*(@3$$(5+?*(-&.(/&58&)2+1$*(+0,(:)&A/3*02(30()+0<*(A0,30<6((

Zf

#_Z^(+0,(#BP!(2-:*()34*%'(&0*(/+0(5&=*(29*(8)&02(%3<92(@93$*(29*()*+)(%3<92(%2+-%(:.2(&0(29*(,*%3)*,(30,*Y*,(0.51*)(8&)(29*(30323+$(K*)&30<(:)&/*,.)*6((

#BP!([+22$*(73<92(m*)&%(+)*(+($322$*(,388*)*026(V9*0(29*(*$*=+23&0(?0&1(3%(+2(kci"k(&)(kfi"'k(29*(%5+$$(E.05+)?*,F(+:*)2.)*(3%(8&)(2+)<*2%(+2(,3%2+0/*%("QQ(+0,(1*-&0,6(T&)(/$&%*)(2+)<*2%'(&0*(5.%2(k9&$,(.0,*)k(E@93/9(5*+0%(+35(+(132($&@F(&)(%@32/9(2&(29*(QMD(+:*)2.)*(@93/9(+.2&5+23/+$$-(/9+0<*%(-&.)(K*)&(2&(DQQ6

687:)&D)/KM8<9@K)*;C@?L<)4<>EF@K=@

9*(302*023&0(&8(293%(5+0.+$(3%(2&(:)&=3,*(29*(?0&@$*,<*(2&(5+?*(B34*5-06((B34*5-0(+)*(/+:+1$*(&8(932230<(DQ(30/9(2+)<*2%(+2(!QQ(5*2*)%(@329(%2+0,+),(*J.3:5*026((B34*5-0(+)*(0&2(%03:*)%6(703:*)%(2+?*(&0*(

%9&2(+2(&0*(2+)<*26(B34*5-0(,*$3=*)(@*$$M+35*,()+:3,(A)*(&0(%*=*)+$(2+)<*2%(+2(!QQ56((O9*-(,&(0&2(0**,(2&(?0&@(*Y+/2(8&)5.$+%(2&(,*+$(@329(93<9$-(%:*/3+$3K*,(%32.+23&0%6((#(8&.)(>30.2*(&8(#0<$*(%2+0,+),(,&*%(0&2()*J.3)*(+1%&$.2*(:)*/3%3&06(((b&@*=*)'(32(@3$$(1*0*A2(29*(B34*5-0(2&(?0&@(+(/&.:$*(%35:$*().$*%(+0,(/&0/*:2%(2&(9*$:(+,+:2(2&(5&%2(%32.+23&0%6((

O

1;?GF@)2;<K

#0&29*)()*+%&0(8&)(:)*8*))30<(29*(6"Q(/+$31*)()34*(&=*)(%5+$$*)(/+$31*)(3%(@30,6(O9*(6"Q(/+$31*)()&.0,(3%(5./9($*%%(+88*/2*,(1-(@30,(+2($&0<*)(,3%2+0/*%(29+0'(%+-'(29*(!6!c6(l&$.5*%(/&.$,(1*(@)322*0(+1&.2(*Y+/2(/+$/.$+23&0(&8(@30,(+0,(32%()*$+23&0%93:(2&(29*(1.$$*2(30(43<926(b&@*=*)'(&0$-(+(8*@(<)&.0,().$*%(0**,(1*($+30(2&(<*2(+(<&&,(3,*+(+1&.2(9&@(2&(,*+$(@329(@30,6(I0(2&:(&8(293%(?0&@$*,<*'(&0*(%9&.$,(:)+/23/*(30(+$$(/&0,323&0%(2&(2).$-(.0,*)%2+0,(29*(*88*/2%(&8(@30,6

V93$*(29*)*(+)*(,38A/.$2(/+$/.$+23&0%(8&)(:)*,3/230<(@30,(*88*/2%(&0(+(1.$$*2(:+29'(29*(/&55&0(:*)%&0(,&*%(0&2(9+=*(235*(2&($*+)0(+$$(29*%*(+0,(5+?*(29*5(%*/&0,(0+2.)*6(N0%2*+,'(+(%35:$3A*,(=*)%3&0(%9&.$,(1*(5*5&)3K*,'(/+$$*,(29*(k735:$3A*,(V30,(B.$*6k

Z^

O9*%*(:&%323&0%(+)*(1.3$2(@329(1&0*(+%(29*(%.::&)2%6(N0(+,,323&0(2&(k1&0*(2&(1&0*k(%.::&)2'(:)&:*)(%$30<(.%*(3%(*%%*023+$(2&(29*(B34*5-06((O9*(%$30<(3%(5./9(5&)*(29+0(+(/+))-30<(2&&$6(O9*(%$30<(3%(:)35+)3$-(2&(1*(.%*,(+%(+(%9&&230<(2&&$6((V9*0(30(:)&:*)(.%*(29*(%$30<(@3$$(%2*+,-(29*()34*(+0,(<)*+2$-(35:)&=*(+//.)+/-6((N,*+$$-'(29*(B34*5-0(@3$$(&12+30(+(g676U6N(V*1(7$30<6

T3<.)*(P6((g676U6N6(V*1(7$30<

#1&=*(3%(+(g676U6N6(V*1(7$30<6(O9*($*82(%3,*(&8(29*(+1&=*(:3/2.)*,(%$30<(/&00*/2%(29)&.<9(29*(.::*)(%$30<(%@3=*$(&8(29*()34*6((O9*()3<92(%3<92(&8(29*(+1&=*(:3/2.)*,(%$30<(/&00*/2%(=3+(9&&?(2&(29*(1&22&5(%$30<(%@3=*$6(N8(&0*(0**,%(2&(+22+/9(%$30<(%@3=*$%(2&(29*3)()34*'(5+?*(%.)*(-&.(.%*(P6D!k(%@3=*$%6

N0(+(:30/9'(/)*+2*(+(%$30<(&.2(&8(+(:3*/*(&8()&:*'(1*$2'(&)(@9+2*=*)6((N8(-&.(,&(0&2(9+=*(%$30<(%@3=*$%'(8+%93&0(%&5*2930<(&.2(&8(K3:(23*%'(,./2(2+:*(+0,(@3)*6(O9*)*(3%(0&(*Y/.%*(8&)(0&2(.%30<(+(%$30<6(O9*(k$&&:(%$30<k(/&0A<.)+23&0(5+-(1*(,38A/.$2(2&(,&(@329&.2(+(:)&:*)(U6N6(@*1(%$30<6(a&&?(+9*+,(+0,(.%*(29*(k9+%2-(%$30<k(8&)(29*(:&%323&0%6(O9*(%*)3&.%(%9&&2*)(@3$$(A0,(+(@+-(2&(*329*)(&12+30(+(g676U6N6(V*1(7$30<(&)(29*-(@3$$(5+?*(&0*6

O9*(g676U6N6(V*1(7$30<(3%(.%*8.$(30(2@&(5+30(/&0A<.)+23&0%S(b+%2-(7$30<(+0,(a&&:(7$30<6(((O9*(a&&:(7$30<(/&0A<.)+23&0(/&00*/2%(29*()34*(2&(29*(B34*5-0'(%&$3,38-30<(29*5(302&(+(%30<$*(.0326(O9*(%$30<()*5+30%(/&00*/2*,(2&(29*(8&)@+),(%@3=*$(+0,(3%(+22+/9*,(2&(29*(%9&&2*)h%(%.::&)2(+)56

Z

O9*(8&$$&@30<(,3+<)+5%(%9&@(+()3<92(9+0,*,(%9&&2*)6(a*82M9+0,*,(%9&&2*)%(@3$$(,&(29*(&::&%32*6((T&)(+(B3<92M9+0,*,(%9&&2*)'(29*(W%.::&)2(%3,*X(3%(29*($*82(%3,*(&8(29*3)(1&,-6((O9*(WO)3<<*)(73,*X(3%(29*()3<92(%3,*(&8(29*3)(1&,-6(a*82M9+0,*,(%9&&2*)%(+)*(29*(&::&%32*6

T3<.)*(D6(R*2+/9(g676U6N(V*1(7$30<(8)&5(a&@*)(7$30<(7@3=*$6

O&(<*2(k%$.0<(.:k(+(B34*5-0(@3$$(,*2+/9(29*(%$30<(8)&5(29*($&@*)(%@3=*$(E29*(%@3=*$(&0(29*(1.22(%2&/?F6

!

!8::F@)1;=A:)Z@7>

#([+22$*(73<92(m*)&(3%(,*%3<0*,(2&(<3=*(+%(/$&%*(2&(+(k&0*(%3K*(A2%(+$$k(K*)&(8&)(5&%2(k1+22$*k(%32.+23&0%6(L%%*023+$$-(32(3%(.%*,(2&(*0<+<*(2+)<*2%(1*2@**0(QM"QQ(5*2*)%(@329(&0*(%3<92(%*2230<6(O9*(>P#([+22$*(73<92(m*)&(3%(D!Q56(O93%(3%(K*)&(@9*)*(29*(1.$$*2(:+29(,*=3+2*%(8)&5(29*($30*(&8(%3<92(0&2(=*)-(5./9'(+$$&@30<(932%(+2(,3%2+0/*%(QM"QQ56(R3%2+0/*%(1*-&0,("QQ5()*J.3)*(%3<92(+,;.%25*026(

T3<.)*("D6(([+22$*(73<92(m*)&'(6"Q(/+$6((N0(\+),%6((

O9*(+1&=*(,3+<)+5(%9&@%(29*(1.$$*2(:+29(&8(+(6"Q(/+$()&.0,(K*)&*,(+2(D^!(-+),%iD!Q56((G&(5+22*)(@9*)*(29*(DQk(2+)<*2(3%'(32(@3$$(1*(932(%&5*@9*)*6(7&5*235*%(93<9'(%&5*235*%($&@'(1.2(#1>%735:$-(+35(+2(29*(/*02*)(&8(-&.)(DQk(2+)<*2(+0,(A)*6(O93%(3%(@9-(29*(%2+0,+),(>P#(8)&02(%3<92(+::*+)%(2&(1*(29*(%+5*(@3,29(+%(+(DQk(2+)<*2(+2(D!Q56(N2(9*$:%(@329()+0<*(A0,30<6(>&)*(+1&.2(29+2($+2*)6

7&5*()*+)(%3<92%(+)*(30,*Y*,6(O93%(5*+0%(29*-(5+-(9+=*($322$*(0.51*)%(&0(29*(*$*=+23&0(?0&1(30,3/+230<(,3%2+0/*(30(9.0,)*,%(&8(-+),%(&)(5*2*)%6(V9*0(-&.(K*)&'(5+?*(%.)*(2&(k30,*Y(-&.)(%3<92%6k(O93%(5*+0%(5+?*(%.)*(29+2(-&.)(DQQ(5*2*)(30,*Y(0.51*)(+/2.+$$-(/&))*%:&0,%(2&(-&.)(DQQ(5*2*)(K*)&6(O93%(/+0(1*(,&0*(1-($&&%*030<(+(%/)*@(2&(/9+0<*(29*(?0&1(@329&.2(5&=30<(29*(%3<92%6(I)'(&0(

Zc

O93%(3%(+(/9+)2(%9&@30<(,)&:(30(>I#(+0,(30/9*%(8&)(+(^6cDY!P([+$$(1.$$*2

T3<.)*("P6((^6cDY!P([+$$(O)+;*/2&)-(l+$.*%

O9*%*(+)*(/&55&0(=+$.*%(8&)(>3$32+)-(7.):$.%([+$$(^6c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

Z!

T3<.)*("6(`)*+230<(O9*(a&&:

U)+1130<(29*(5+30($30*(&8(29*(%$30<'(:.%9(1+/?(302&(29*($&@*)(1./?$*6(O9*)*(3%(&0$-(&0*(@+-(2&(,&(293%(/&))*/2$-6((>+?*(%.)*(29*($&&:(29+2(3%(/)*+2*,(3%(8&)5*,(@329(29*(%+5*($*0<29(&8(%$30<(29+2(5+?*%(.:(29*(5+30($30*6((O9*(5+30($30*(&8(29*(%$30<(3%(29*(%*/23&0(29+2(%2)*2/9*%(+1&=*(29*($&@*)(1./?$*(2&(29*(.::*)(1./?$*6((

c

T3<.)*(Z6((U*2230<(29*($&&:(&0(29*(%.::&)2(+)56((

O9*($&&:(3%(/)*+2*,(1-(8**,30<(29*(5+30($30*(302&(29*(1./?$*6((N0%*)2(-&.)(%.::&)2(9+0,(,&@0(29)&.<9(29*($&&:6((V&)?(29*($&&:(.:(&02&(-&.)(%9&.$,*)6(O9*($&&:(%9&.$,(1*(+%(93<9(.:(&0(29*(%9&.$,*)(+%(:&%%31$*'(+1&=*(29*(13/*:6(O9*(9+),@+)*(&8(29*($&@*)(%@3=*$(/$3:(%9&.$,(1*(&0(29*(&.2%3,*(&8(-&.)(+)56(#2(293%(:&302'(29*)*(+)*(2@&(:&%%31$*(@+-%(29*(%$30<(9+%(1**0(:.2(&06(I0$-(&0*(@+-(3%(/&))*/26

^

30/9*%6(V*(+,;.%2(29*5(30(>30.2*%(&8(#0<$*6(#2("QQ(5*2*)%'(9&@(5+0-(>I#(+)*(30(e(30/9*%p("(>I#6((`$3/?(-&.)(%3<92%(.:("(>I#6

G&@(-&.(@+02(2&(%9&&2(+2(+(2+)<*2(+2(ZQQ56(O9*(/9+)2(+1&=*(%9&@%(29*(1.$$*2(@3$$(1*(DPk(1*$&@(29*($30*(&8(%3<92(38(K*)&*,(+2(DQQ56(b&@(5+0-(>I#(%9&.$,(-&.(/$3/?(-&.)(%3<92%(.:p

T)&5(-&.)(DQQ>(%*2230<'(-&.(/$3/?(-&.)(%3<92%(.:("(>I#(2&(1*(+2(-&.)("QQ>(K*)&6(O93%(/&5:*0%+2*%(8&)(29*(ek(&8(,)&:(1*2@**0(DQQ5(+0,("QQ56(b&@*=*)'(38(-&.(A)*,(+2(-&.)(ZQQ5(2+)<*2(@329(-&.)("QQ5(K*)&'(-&.(@&.$,(%23$$(1*(PD(30/9*%(1*$&@(29*(2+)<*26(b&@(5+0-(>I#(+)*(30(PD(30/9*%(+2(ZQQ5p("(>I#6((`$3/?(-&.)(%3<92%(.:(+0&29*)("(>I#6

T&)(5&%2(>P#()34*%'(29*(/&5*(.:(/9+)2(3%(8&$$&@%6(

PQQ(Mq(DQQ(o("(>I#DQQ(Mq("QQ(o("(>I#"QQ(Mq(ZQQ(o("(>I#ZQQ(Mq(!QQ(o(Z(>I#!QQ(Mq(cQQ(o(!(>I#cQQ(Mq(^QQ(o(!(>I#^QQ(Mq(fQQ(o(c(>I#fQQ(Mq(eQQ(o(f(>I#eQQ(Mq(PQQQ(o(f(>I#

l*)1+$$-'(29*(/9+)2(3%()*+,(+%S((O&(+,;.%2(5-(K*)&(8)&5(PQQ(2&(DQQ'(/$3/?(.:("(>I#6((O&(+,;.%2(5-(%3<92%(8)&5(DQQ(2&("QQ'(/$3/?(.:("(>I#6((N2(/+0(@&)?(30()*=*)%*6((7+-(&0*(3%(K*)&*,(+2(!QQ(+0,(@+02%(2&(*0<+<*(+(2+)<*2(+2(DQQ6((`$3/?(,&@0(Z(>I#(2&(<*2(29*(ZQQ(K*)&6(`$3/?(,&@0(+0&29*)("(>I#(2&(<*2(29*("QQ(K*)&6((`$3/?(,&@0(+0&29*)("(>I#(2&(<*2(29*(DQQ(K*)&6((

ZZ

302*0,*,(8&)(/$&%*(2+)<*2%(+0,($&@($3<92(%32.+23&0%6((V9*0(K*)&30<(8&)("QQ5'(.%*(29*(%5+$$(E.05+)?*,F(+:*)2.)*6(

#>?@)3GB

#(k/&5*(.:k(3%(29*(2*)5(2&(,*%/)31*(%3<92(+,;.%25*02%(2&(/&5:*0%+2*(8&)(1.$$*2(,)&:6(#%(%**0(30(A<6(D!(-&.)(1.$$*2h%(:+29(,&*%(0&2(5+2/9(-&.)($30*(&8(%3<926(O9*(1.$$*2(2)+=*$%(+1&=*(+0,(1*$&@(29*($30*(&8(%3<926(#(%3<92(+,;.%25*02(5.%2(1*(5+,*(38(&0*(3%(2&(/&00*/2(29*($30*(&8(%3<92(@329(29*(1.$$*2(:+29'(29.%(1*30<(%3<92*,(30(8&)(29+2(,3%2+0/*6(#(6"Q(/+$31*)()34*(%3<92*,(30(+2(D!(5*2*)%(@3$$(k1*(&0k(+2(DQQ>6(O-:3/+$$-'(29*(:+29(&8(+(^6cDY!P((P!Q(<)+30(G+2&()&.0,(9+%(293%(%2+0,+),3K*,(:+29S

T3<.)*("Q6((^6cDY!P([+$$(O)+;*/2&)-

O9*(+1&=*(30/9(=+$.*%(%9&@(29*(1.$$*2(:+29h%(,*=3+0/*(8)&5(29*($30*(&8(%3<92(+2(/*)2+30(,3%2+0/*%6(L%%*023+$$-'(29*(1.$$*2(:+29(@3$$(+$@+-%()*5+30(29*(%+5*6([-(+,;.%230<(&0*h%(%3<92%'(&0*(/+0(5+2/9(29*($30*(&8(%3<92(@329(29*(1.$$*2(:+296(O9*(+1&=*(,)&:(=+$.*%(+)*(=+$3,(@9*0(29*()34*(3%(K*)&*,(8&)(DQQ56(7&'(@9*0(K*)&*,(+2(DQQ5'(29*(1.$$*2(@3$$(1*(ZPk(1*$&@(29*($30*(&8(%3<92(+2(!QQ>6

#(/&5*(.:(3%(.%*,(2&(/9+0<*(29*($30*(&8(%3<92(2&(/&5:*0%+2*(8&)(1.$$*2(,)&:6(7+-(29*()34*(3%(K*)&*,(+2(DQQ5(1.2(-&.)(2+)<*2(3%(+2(!QQ56(N8(-&.(,&(0&2(+,;.%2(-&.)(%3<92%(+0,(A)*,(+2(29*(!QQ5(2+)<*2'(-&.(@3$$(1*(ZPk(1*$&@(29*(2+)<*26(\&.(5.%2(+,;.%2(-&.)(%3<92%6

\&.)()34*(3%(K*)&*,(2&(932(+2(DQQ56(b&@*=*)'(-&.(+)*($&&?30<(+2(+("QQ5(2+)<*26(O9*(+1&=*(/9+)2(%9&@%(29+2(@329(+(^6cDY!P(G+2&(2)+;*/2&)-'(-&.)(1.$$*2(@3$$(1*(ek(1*$&@(29*("QQ5(2+)<*26(B*5*51*)'(@*(,&(0&2(+,;.%2(&.)(%3<92%(30(

Z"

T3<.)*(!6(N8(29*(9+),@+)*(3%(1*2@**0(29*(5+30$30*(+0,(-&.)(+)5'(29*(%$30<(3%(&0(30/&))*/2$-6

T3<.)*(c6((N8(29*($&&:(23<92*0%(@9*0(29*(5+30($30*(3%(:.$$*,(+0,(29*(9+),@+)*(3%(&0(29*(&.2%3,*(&8(29*(+)5'(29*(%$30<(3%(&0(/&))*/2$-6((

O93/?(/$&2930<'(&)(+(g676(>+)30*(`&):%(%9&&230<(;+/?*2(@3$$(9*$:(?**:(29*($&&:(8)&5(%$3::30<(,&@0(-&.)(+)56(((O9*($&&:%(%$30<(3%(29*(:)*8*))*,(/&0A<.)+23&0(8&)(29*(B34*5-06(N2(%9&.$,(1*(.%*,(30(29*(:)&0*(+0,(%32230<(:&%323&06

f

.A@)67><@)6>B;:;><

O9*(:)&0*(:&%323&0(3%(29*(5&%2(%2+1$*(:&%323&06(N2(3%(29*(5&%2(%2+1$*(:&%323&0(+%(32(+$$&@%(29*(5&%2(/&02+/2(@329(29*(<)&.0,(+0,(30=&$=*%(0&(5.%/$*(8&)(%.::&)26

T3<.)*(^6((7.::&)2(73,*(

T3<.)*(f6(O)3<<*)(73,*(

e

Pck(,*2+/9*,(/+))-(9+0,$*%6(O9*(DQk(1+))*$*,(+22+/9*,(/+))-(9+0,$*(*$*=+23&0(,).5(3%(5+)?*,(fi"6(R*2+/9*,(/+))-(9+0,$*(*$*=+23&0(,).5%(+)*(5+)?*,(ci"6(O9*(,*2+/9*,(/+))-(9+0,$*(@329(*$*=+23&0(,).5%(5+)?*,(ci"(/+0(1*(.%*,(&0(1&29(DQk(+0,(Pck(1+))*$*,()34*%6

[*/+.%*(&8(,388*)*02(1+))*$($*0<29%'(29*(1.$$*2(:+29(@3$$(1*(%$3<92$-(,388*)*026

O9*(,388*)*0/*(30(1+))*$($*0<29(,&*%(293%S

#(Pck(#BP!h%(1.$$*2(:+29(@3$$(/)&%%(29*($30*(&8(%3<92(30(D(:$+/*%S(D!>(+0,("QQ>6#(DQk(#BP!h%(1.$$*2(:+29(@3$$(/)&%%(29*($30*(&8(%3<92(30(D(:$+/*%S("P>(+0,("QQ>6

O&(K*)&(+(Pck(8&)("QQ>'(%35:$-(K*)&(+2(D!5(&0(29*(ci"(%*2230<6

O&(K*)&(+(DQk(8&)("QQ>(@329(+(,*2+/9+1$*(/+))-(9+0,$*(E#"F(%3<92%'(K*)&(+2(ci"(r(D(O&(K*)&(+(DQk(8&)("QQ>(@329(+0(+22+/9*,(/+))-(9+0,$*(E#DF(%3<92%'(K*)&(+2(ci"(r(P(

O&(K*)&(+(Pck(1+))*$*,()34*(@329(+(,*2+/9+1$*(/+))-(9+0,$*(5+)?*,(ci"'()&2+2*(-&.)(*$*=+23&0(,).5(2&(29*(ci"(5+)?6((T3)*(+("M!()&.0,(<)&.:(+2(+(Pk(%J.+)*(+2(D!56(#,;.%2(@30,+<*(@329(-&.)()*+)(%3<92%6(#,;.%2(*$*=+23&0(@329(-&.)(-"#1&%%3<92(:&%26(O9*(8)&02(%3<92(+,;.%2%(8&)(*$*=+23&0(1-(%/)*@30<(32(8.)29*)(302&(&)(&.2(&8(29*(%3<92(1+%*6(O&()+3%*(1.$$*2(35:+/2'(5&=*(-&.)(8)&02(%3<92(30(29*(,3)*/2(5+)?*,(kgH6k((>+?*(+,;.%25*02%(.023$(-&.)(<)&.:(3%(&0(2+)<*2(8&$$&@30<(29*(N0/9*%'(>30.2*%'(`$3/?%(:)&/*,.)*6((I0/*(&0(2+)<*2'(,&(0&2(+$2*)(-&.)(8)&02(%3<926

O&(K*)&(+(DQk(1+))*$*,(#BP!(@329(+(,*2+/9+1$*(/+))-(9+0,$*(5+)?*,(ci"'()&2+2*(-&.)(*$*=+23&0(,).5(2&(29*(ci"(5+)?(9+8,%X%5+05E,>%%N2(%9&.$,(%*$*/2(29*(5+)?30<(WmX(@93/9(%2+0,%(8&)(WK*)&X6((O93%(5+?*%(.:(8&)(29*(,388*)*0/*(30(1.$$*2(:+29(+%(,*%/)31*,(+1&=*6(T&$$&@(29*(%+5*(K*)&30<(:)&/*,.)*(EN>`F'(+,;.%230<(*$*=+23&0(@329(29*(8)&02(%3<92(.023$(&0(2+)<*26

O&(K*)&(+(DQk1+))*$*,()34*(@329(+0(+22+/9*,(/+))-(9+0,$*(5+)?*,(fi"'()&2+2*(-&.)(*$*=+23&0(,).5(2&(29*(fi"(5+)?(9+8,%Y%5+05E6(T&$$&@(29*(%+5*(K*)&30<(:)&/*,.)*'(+,;.%230<(*$*=+23&0(@329(29*(8)&02(%3<92(.023$(&0(2+)<*26

I0/*(K*)&*,'(29*(ci"(%*2230<(&)(29*(fi"(%*2230<(@3$$(9+=*(29*()34*(1*(K*)&*,(8&)("QQ>6((T&)(2+)<*2%(1*-&0,("QQ>'()&2+2*(29*(*$*=+23&0(,).5(2&(30,*Y*,(0.51*)%6(ZoZQQ>'(!o!QQ>'(*/26((#(8.$$()&2+23&0(@3$$(+<+30(%*$*/2(Wci"X(+0,(3%(29*(cQQ>(K*)&6((T&)(2+)<*2%(/$&%*)(29+0("QQ'(%@32/9(2&(29*(+:*)2.)*(5+)?*,(WQMDX6(O93%(@3$$(5+?*(/9+0<*(-&.)(K*)&(2&(DQQ56((O9*($+)<*(+:*)2.)*(E5+)?*,(WQMDXF(3%(

ZD

?**:(+$$(29*3)(%9&2%(30(Pk(+2(D!5'(29*0(&0*(/+0(?**:(+$$(29*3)(%9&2%(30(DQk(+2(!QQ56(O93%(3%(,.*(2&(29*(/&0*(&8(A)*6

T3<.)*(De6((Z(>30.2*(&8(#0<$*(`&0*(&8(T3)*

#(B34*5-0h%(+//.)+/-(3%(+(/&5130+23&0(&8(2@&(2930<%S(*J.3:5*02(+0,(%?3$$6(>&%2(%2+0,+),(53$32+)-()34*%(@329(%2+0,+),(1+$$(+55.0323&0(+)*(/+:+1$*(&8(D(>I#(@9*0(,*=&3,(&8(9.5+0(*))&)6(O93%(5*+0%(29+2(29*(B34*5-0(3%(k+$$&@*,k(D(>I#(&8(53%2+?*(30(&),*)(2&(+//&5:$3%9(+(Z(>I#(%2+0,+),6

g0,*)%2+0,30<(29*(/&0*(&8(A)*(3%(.%*8.$(8&)(2)+0%$+230<(3%%.*%(&8(+//.)+/-'(,3%2+0/*'(@30,'(*/26(O9*(/&0*(&8(A)*(3%(29*(/&0/*:2(29+2(/&00*/2%(+//.)+/-(@329(,3%2+0/*6(N8(-&.(/+0(:.2(+$$(-&.)(%9&2%(302&(+(Pk(%J.+)*(+2(D!5(29*0(@329(+($322$*(5&)*(?0&@$*,<*(+1&.2(k/&5*(.:%k(+0,(2)+;*/2&)-'(-&.(@3$$(:.2(+$$(-&.)(%9&2%(302&(+(DQk(2+)<*2(+2(!QQ56

_**:(29*(%+5*(%3<92(:3/2.)*(+%(+2(D!(-+),%6(U)&.:(%3K*%(@3$$()*5+30(29*(%+5*(E30(>I#F(+%(@9*0(%9&&230<(+2(D!(-+),%(EkV9+2(-&.(,&(+2(D!5'(3%(@9+2(-&.h$$(,&(+2(ZQQ5'(&)(!QQ5kF6(V9*0(%3<92%(+)*(+,;.%2*,(+(W/&0*(&8(A)*X(3%(1*30<(5&=*,'(0&2(30,3=3,.+$(%9&2%'(+0,(29*(/*02*)(&8(29+2(/&0*(%9&.$,(8+$$(30(29*(/*02*)(&8(29*(2+)<*2'(;.%2(+%(@329(29*(Z(>I#(%J.+)*%6

Z@7>;<=):A@)/*[P

O9*(#BP!(/&5*%(30(5+0-(=+)3*23*%6(O9*)*(+)*(2@&(%2+0,+),(1+))*$($*0<29%S(DQk(+0,(Pck6(O9*()*+)(%3<92(3%(1.3$2(302&(29*(/+))-(9+0,$*6(#22+/9*,(/+))-(9+0,$*%(E#DF(/$3/?(30(P(>I#6(R*2+/9+1$*(/+))-(9+0,$*%(E#"F(%3<92%(/$3/?(30(PiD(>I#6(O9*(*$*=+23&0(,).5(3%(5+)?*,(,388*)*02$-(1*2@**0(DQk(+22+/9*,(/+))-(9+0,$*%(+0,(

ZP

O9*(:)&0*(:&%323&0(3%(5+,*(%2+1$*(1-(32%(1:@8KL)0>FK)+89:>7B6((O9*%*(+)*(30,3=3,.+$(*$*5*02%(29+2(/&0%2)./2(+(%2+1$*(:&%323&06((72*+,-(b&$,(T+/2&)%(+)*(+%(8&$$&@%S

T3<.)*(e6((72*+,-(b&$,(T+/2&)%(PM!6(

P6(7.::&)2(L$1&@(g0,*)(29*(B34*D6(7.::&)2(b+0,(B*$+Y*,"6(7$30<([*930,(7.::&)2(V)3%2Z6(7$30<(3%(70.<!6(7$30<(V*$$(g:(&0(7.::&)2(#)5

T3<.)*(PQ6((72*+,-(b&$,(T+/2&)%(cMf6((

(((c6(7.::&)2(73,*(a*<(30(a30*(V329(7:30*^6(O)3<<*)(73,*(a*<([*02(+2(_0**f6(O)3<<*)(73,*(L$1&@(H$+02*,(T3)5$-

PQ

T3<.)*(PP6((72*+,-(b&$,(T+/2&)%(eMPP6(

e6(O)3<<*)(b+0,(T3)5(kb+0,%9+?*kPQ6(G*/?(LY2*0,*,(EO.)?*-(G*/?FPP6(`9**?(H$+02*,(&0(72&/?(E`9**?(V*$,F

1:@8KL)0>FK)+89:>7B)I>7)67><@)\)"WGF8;<@K

L+/9(%2*+,-(9&$,(8+/2&)(%*)=*%(+(%:*/3A/(:.):&%*(2&@+),%(1.3$,30<(+(%.//*%%8.$(:)&0*(:&%323&06(O9*()*+%&0%(+)*S

[5)1JGG>7:)"FN>E)3<K@7):A@)*;C@

O9*(%.::&)2(*$1&@(%9&.$,(1*(,3)*/2$-(.0,*)(29*()34*6(O93%(3%(8&)(+2($*+%2(2@&()*+%&0%6(T3)%2'(@9*0(29*(*$1&@(3%(.0,*)(29*()34*'(5.%/$*%(+)*(0&2(1*30<(.%*,6(N8(29*(*$1&@(3%(2&(29*(%3,*(&8(29*()34*'(5.%/$*%(+)*(1*30<(.%*,(2&(9&$,(29*()34*(.:6(V9*0(32(3%(.0,*)'(29*()34*()*%2%(&0(29*(1&0*(&8(29*(9+0,'(%.::&)2*,(1-(29*(8&)*+)5(1&0*'(+0,(30(/&02+/2(@329(29*(<)&.0,(+2(29*(*$1&@6(G&(5.%/$*%(+)*(0**,*,6

\&.(@3$$(1*(+1$*(2&(2*$$(38(-&.)(*$1&@(3%(0&2(.0,*)(29*()34*(@9*0S(\&.)(%3<92%(5&=*(,3+<&0+$$-(&)(9&)3K&02+$$-(@9*0(-&.(1)*+29*(30(+0,(&.26(\&.)(%3<92%(%9&.$,(5&=*(=*)23/+$$-(@9*0(-&.(1)*+29*6(O93%(3%(+//&5:$3%9*,(1-(5+?30<(%.)*(29*(*$1&@(3%(.0,*)(29*()34*6

7&5*(5+-(/$+35(32(3%(0&2(:&%%31$*(,.*(2&(+(5+<+K30*(1*30<(30(29*(@+-6(LY:*)35*02(@329(9&@(-&.)()34*()*%2%(&0(-&.)(9+0,(1-(5&=30<(29*()34*(&=*)(&02&(-&.)(A0<*)%(&)(&02&(29*(:+,%(&::&%32*(-&.)(?0./?$*%6

PP

M#&(Z%G'(1%*378,&012%,02'&,6%"(*"%,02'&,%,'#8+3%)(%$#B(3%&'(%30"(5&0#1%=#8%C*1&%=#8" %2"#89%&#%$#B(>%!"#1&%,02'&,%*378,&$(1&,%C0++%$#B(%2"#89,%#99#,0&(>%!#"%(/*$9+(6%0-%V %C*1&%&#%$#B(%$=%2"#89%+(-&%C0&'%$=%"(*"%,02'&6%V%,'#8+3%$#B(%$=%"(*"%,02'&%+(-&>%[#C(B("6%V-%V%C*1&%&#%$#B(%$=%2"#89%3#C1%C0&'%$=%-"#1&%,02'&6%V%C0++%$#B(%$=%-"#1&%,02'&%89>

N8(-&.(+)*(.%30<(+()34*(&29*)(29+0(+0(>Pi>P#'(-&.(0**,(2&(?0&@(9&@(5+0-(>I#(&0*(k/$3/?k(*J.+$%(&0(-&.)(%3<92%6(7&5*235*%(32(3%(@)322*0(,&@0'(&0(-&.)(%3<92%'(1.2(5&%2(235*%(32(3%(0&26(I0*(@+-(&8(,3%/&=*)30<(293%(3%(2&(:.2(+(:3*/*(&8(:+:*)(,&@0()+0<*(+2(D!56(T3)*(+(A=*(%9&2(<)&.:'(5&=*(-&.)(%3<92%(PQ(k/$3/?%k(2&(29*()3<926(T3)*(+0&29*)(!(%9&2(<)&.:6(>&=*(-&.)(%3<92%(PQ(k/$3/?%k(.:6(T3)*(+(A=*(%9&2(<)&.:6(>&=*(-&.)(%3<92%(PQ(k/$3/?%k($*826(T3)*(+(A=*(%9&2(<)&.:6(>&=*(-&.)(%3<92%(PQ(k/$3/?%k(,&@06(\&.(%9&.$,(1*(1+/?(@9*)*(-&.(%2+)2*,6(U&(,&@0()+0<*(+0,(5*+%.)*(29*(,3%2+0/*(1*2@**0(29*(/*02*)(&8(*+/9(<)&.:6(T&)(*Y+5:$*'(-&.)(1&22&5($*82(<)&.:(3%(!k($*82(&8(-&.)(1&22&5()3<92(<)&.:6(#)&.0,(29*(%J.+)*'(*+/9(<)&.:(3%(!(30/9*%(8)&5(29*(:)*=3&.%$-(A)*,(<)&.:6

O&(A0,(9&@(5+0-(>I#(*+/9(k/$3/?k(5&=*%(-&.)(%3<92%'(,3=3,*(30/9*%(1-(k/$3/?%k6(N0(293%(/+%*'(!k(i(PQ(k/$3/?%k(o(PiD(>I#6(\&.)(%3<92%(W/$3/?X(30PiD(>30.2*(&8(#0<$*6((

[+/?(2&(29*(&)3<30+$(*Y+5:$*6(N8(-&.(0**,(2&(5&=*(-&.)(%3<92%(f(>30.2*%(&8(#0<$*($*82'(29*0(-&.(@&.$,(9+=*(2&(k/$3/?k(Pc(235*%(%30/*(*+/9(k/$3/?k(3%(PiD(>I#6(a3?*@3%*'(-&.(@&.$,(9+=*(2&(k/$3/?k(-&.)(*$*=+23&0(PQ(k/$3/?%k(2&(1)30<(-&.)(<)&.:(.:(!(>I#6

7/&:*%(+)*(&82*0(+,;.%2*,(30(A0*)(5*+%.)*5*02%6(7&5*235*%(@)322*0(&0(+(%/&:*'(32(@3$$(%+-(%&5*2930<($3?*(kP(/$3/?(*J.+$%(s(30/9(+2(PQQ(-+),%6k

N02*):)*2(293%6(V*(?0&@(P(>I#(+2(PQQ(-+),%(*J.+$%(P(30/96(N8(P(/$3/?(*J.+$%(s(30/9(+2(PQQ(-+),%'(29*0(*+/9(/$3/?(5.%2(1*(s(>I#6((O93%(3%(1*/+.%*(s(&8(P(>I#(+2(PQQ(-+),%(*J.+$%(s(30/96((

T&$$&@(29*(&<9A@B])%;<J:@B])#F;9^B):)&/*,.)*(@9*0(-&.(K*)&(+0,(-&.(@3$$(%+=*(235*(+0,(+55&(+%(*+/9(+,;.%25*02(@3$$(1*(302*023&0+$(+0,(5*+%.)*,6((#(B34*5-0(%9&.$,(1*(+1$*(2&(K*)&(@329(&0*(W/+$$*,(<&&,X(%9&26((

#><@)>I)+;7@

O9*(B34*5-0(3%(/+:+1$*(&8(+(Z>I#(%2+0,+),6(O9*(+//.)+/-(+//&5:$3%9*,(+2(D!5(@3$$(2)+0%$+2*(2&(B34*5-0(J.+$32-(932%(&.2(+2(8.)29*)(,3%2+0/*%6(N8(&0*(/+0(

ZQ

T3<.)*(Df6((P(>I#(U)3,(+2(D!(>*2*)%(EG&2(R)+@0(2&(7/+$*F

\&.)(<)&.:(3%SDk(B3<92P6D!k(R&@0

%;<J:@B`&0=*)2(293%(5*+%.)*5*02(2&(>30.2*(&8(#0<$*6B*5*51*)'(@*(+)*(+2(D!5'(%&(P(>30.2*(&8(#0<$*(+2(D!(5*2*)%(3%(PiZ(30/96

Dk(o(f(>I#(+2(D!5P6D!k(o(!(>I#(+2(D!5

V*(?0&@(@*(0**,(2&(5&=*(-&.)(%3<92%(f(>30.2*(&8(#0<$*(.:(+0,(!(>30.2*(&8(#0<$*($*826(V)32*(293%(,&@0](\&.(@3$$(8&)<*26

#F;9^BB*2.)0(2&(-&.)()34*6(\&.)(%3<92%(+,;.%2(30(k/$3/?%k6(O9*(1*%2()34*(8&)(

.0,*)%2+0,30<(293%(:)&/*,.)*(3%(29*(>P(U+)+0,(&)(>P#6(O93%(3%(1*/+.%*(&0(29*%*()34*%'(*+/9(k/$3/?k(*J.+$%(&0*(>30.2*(&8(#0<$*6

N8(@*(@*)*(2&(+,;.%2(293%(<)&.:'(@*(@&.$,(%35:$-(k/$3/?k(29*(%3<92%(f(>30.2*(&8(#0<$*(.:(+0,(!(>30.2*(&8(#0<$*($*826(V*(@&.$,(29*0(1*(K*)&*,6

"e

S5)1JGG>7:)08<K)*@F8W@K

O9*(%.::&)2(9+0,(%9&.$,(1*()*$+Y*,(+0,(:&%%31$-(&:*06(N2(%9&.$,(0&2(<)3:(29*()34*6(B*5*51*)'(29*(:&302(3%(2&(1*()*$+Y*,'()*5&=30<(5.%/$*(8)&5(29*(:&%323&06(U)3::30<(302)&,./*%(5.%/$*6(_**:(-&.)(9+0,()*$+Y*,6

N8(:&%%31$*'(%$3,*(-&.)(%.::&)2(9+0,(.:(29*(%2&/?(+0,(+<+30%2(29*(%$30<(%@3=*$6(O93%(<3=*%(-&.(+(/&0%3%2*02(:$+/*(2&(:.2(-&.)(9+0,(+0,(3%($*%%($3?*$-(2&(1*(?0&/?*,(+)&.0,(1-()*/&3$6(N8(-&.(/+00&2()*+/9(-&.)(%$30<(%@3=*$(@93$*(?**:30<(-&.)(8&)*+)5(+2(+(Z!t(+0<$*(2&(29*(<)&.0,'(/)*+2*(+(%2&:(@329(,./2(2+:*(+0,(*5:2-(%9*$$(/+%30<%6

T5)1F;<=)!@A;<K)1JGG>7:)27;B:

O9*(%$30<(%9&.$,(:+%%(1*930,(29*(%.::&)2(9+0,6(O93%(30/)*+%*%(%.::&)2(+0,(%2+13$32-(1-(/&00*/230<(29*(1&,-(@329(29*(<)&.0,(E29)&.<9(29*(*$1&@F(2&(29*()34*6

_5)1F;<=);B)1<J=

O9*(%$30<(%9&.$,(1*(%0.<(+0,(0&2(23<926(N8(32(3%($&&%*'(32(3%(0&2(,&30<(+0-2930<6(O9*(:&302(&8(29*(%$30<(3%(2&(/)*+2*(+(1)3,<*(2).%%'(?**:30<(-&.)(%.::&)2(+)5(30(+(%2+1$*(+0,(/&0%3%2*02(:&%323&06(V9*0(&0*(k)*$+Y*%(302&(29*(%$30<'k(&0*(3%()*$*+%30<(5.%/$*(2*0%3&0(+0,(+$$&@30<(29*(%$30<(2&(9&$,(29*()34*(.:6(O9*(%$30<(9&$,%(29*(%.::&)2(8&)*+)5(+(Z!t(+0<$*6

P5)1F;<=)2@FF)3G)><)1JGG>7:)/7?

O9*($&&:(&8(-&.)(%$30<(%9&.$,(1*(@*$$(.:(&0(-&.)(%.::&)2(+)56(O93%(3%(+1&=*(-&.)(13/*:6(N8(32(93<9(&0(29*(+)5'(32(%9&.$,(0&2(1*(&=*)(5.%/$*6(O93%(@3$$(,*/)*+%*(29*(*88*/2(-&.)(9*+)2()+2*(@3$$(9+=*(&0(-&.)(:&%323&06(O93/?(/$&2930<(&)(+(g676(>+)30*(`&):%(%9&&230<(;+/?*2(@3$$(9*$:(?**:(-&.)(%$30<(93<9(&0(-&.)(+)56(R&(0&2($*2(29*(%$30<(/.2(&88(/3)/.$+23&0(2&(-&.)(+)56(OM%93)2%(&)($&&%*(A2230<(/$&2930<(,&(0&2(@&)?(@*$$(8&)(?**:30<(29*($&&:(30(:&%323&06

O9*(%$30<(%9&.$,(%2+-()&.<9$-(:+)+$$*$(2&(29*(<)&.0,6(N2(@3$$($*+=*(29*($&&:(&0(-&.)(+)5'(:+%%(1*930,(29*(@)3%2'(+0,(/&00*/2(2&(29*(%$30<(%@3=*$(+$$(@93$*(1*30<(:+)+$$*$(2&(29*(<)&.0,6(O9*(9+),(@+)*(&8(29*(%$30<(%9&.$,(1*(&0(29*(&.2%3,*(&8(-&.)(+)56(O9*(%$30<(%9&.$,(23<92*0(@9*0(29*(5+30($30*(3%(:.$$*,6

PD

Q5)1JGG>7:)1;K@),@=);<),;<@)2;:A)1G;<@

\&.)(%.::&)2($*<(%9&.$,(1*(%2)+3<92(30($30*(@329(-&.)(%:30*6(\&.)(%.::&)2(8&&2(%9&.$,(1*(+%(4+2(+%(:&%%31$*6(\&.)(2&*(%9&.$,(0&2(,3<(302&(29*(<)&.0,6(H&302(-&.)(2&*(30(&)(&.2'(;.%2(,&(0&2(,3<(306(R.<(30'(-&.)(8&&2(@3$$(5&=*'(+88*/230<(-&.)(%3<92%6

V5).7;==@7)1;K@),@=)!@<:)8:)4<@@

\&.)(2)3<<*)(%3,*($*<(%9&.$,(1*(1*02(+2(29*(?0**(30(+()&.<9$-(eQ(,*<)**(+0<$*6(O9*(93<9*)(-&.(/+0(%2)*2/9(-&.)($*<'(29*(1*22*)6(7&5*(4*Y31$*(:*&:$*(/+0(5**2(29*3)(2)3<<*)(?0**(@329(29*3)(2)3<<*)(*$1&@6(O93%(3%(+0(*Y2)*5*'(1.2(32(%9&@%(29*(:&3026(O93%(9*$:%(2&(+1%&)1()*/&3$(+0,($382(-&.)(,3+:9)+<5(&88(29*(<)&.0,(2&(?**:(1)*+2930<(8)&5(+88*/230<(-&.)(%3<92%6

`5).7;==@7)1;K@)"FN>E)6F8<:@K)+;7?FL

\&.)(2)3<<*)(*$1&@(%9&.$,(0&2(1*()*$3*,(.:&0(2&(9&$,(-&.(.:6(N2(%35:$-(3%()*%2*,(&0(29*(<)&.0,(2&(+$$&@(-&.)(2)3<<*)(A0<*)(2&(8.0/23&0(@329&.2(%2)+306(b&@*=*)'(32(%9&.$,(1*(:$+02*,(A)5$-(30(&),*)(2&(0&2(1*(?0&/?*,(&.2(&8(:&%323&0(1-()*/&3$6

X5).7;==@7)08<K)+;7?)a08<KBA8^@a

O9*(2)3<<*)(9+0,(%9&.$,(0&2(<)3:(29*()34*($3?*(+(<+),*0(2&&$6(#($3<92'(-*2(A)5(9+0,%9+?*(<)3:(3%(%.8A/3*026(O9*(2)3<<*)(9+0,(%9&.$,(:.$$(29*()34*(302&(29*(:&/?*2(&8(29*(%9&.$,*)6(`&02+/2(@329(29*(%2&/?(%9&.$,(1*(53035+$'(-*2(%&$3,6(>&=*(29*(29.51(2&(29*(2)3<<*)(%3,*(&8(29*(%2&/?6(N2(,&*%(0&2(0**,(2&(@)+:(+)&.0,(29*(1+/?6(>3,,$*'()30<(+0,(:30?-(A0<*)%(/&5*(302&(/&02+/2(@329(29*(:3%2&$(<)3:(&0$-(+2(29*(A0<*)23:6(O93%($*+=*%(+(%:+/*(1*2@**0(29*(:+$5(+0,(29*(:3%2&$(<)3:6

P"

Z@7>;<=)67>9@KJ7@

H$+/*(+(Pk(%J.+)*(+2(D!56(U*2(302&(:)&:*)(:)&0*(:&%323&06(#/J.3)*(GHI#6(T&$$&@(29*(e(%2*:%(2&(A)30<(+(%9&2(+0,(A)*(+("M!()&.0,(<)&.:(302&(29*(%J.+)*(.%30<(29*(cM&M/$&/?(9&$,6(R&(0&2(K*)&(-&.)()34*(&88(+(1*0/9'(%+0,1+<%'(&)(13:&,6(m*)&(-&.)()34*(30(29*(:)&0*(:&%323&0'(32(3%(+82*)(+$$'(29*(:&%323&0(&8(@93/9(-&.(%9&.$,(1*(:)&A/3*026((\&.(+)*(&0$-(+%(<&&,(+%(-&.)(:*)8&)5+0/*(30(29*(A*$,6((

N8(-&.)(<)&.:(3%(Z(>I#(&)(%5+$$*)(-&.(+)*()*+,-(2&(+,;.%2(-&.)(%3<92%6(N8(0&2'(,&(0&2(@&))-(+1&.2(1*30<(K*)&*,6(V&)?(&0(29*(8.0,+5*02+$%(.023$(-&.(9+=*(+(%5+$$'(23<92(<)&.:(%&5*@9*)*(&0(29*(:+:*)6(N8(-&.)(<)&.:(3%(Z(>I#(&)(.0,*)(+0,(-&.(9+=*(/+$$*,(-&.)(%9&2%(k<&&,'k(29*0(-&.(+)*()*+,-(2&(+,;.%2(-&.)(%3<92%6

L+)$3*)(@*($*+)0*,(29+2(P(>I#(o(Pk(9("%9.0,)*,(-+),%6(V*(+)*(%9&&230<(+2(D!(5*2*)%6(O93%(3%(PiZ(29*(,3%2+0/*(&8(PQQ(5*2*)%6(O9*)*8&)*'(P(>I#(+2(D!(5*2*)%(*J.+$%(PiZ(30/96(V*(+)*(%9&&230<(+2(+(Pk(EZ(>I#(+2(D!5F(%J.+)*(1*/+.%*(32(3%(29*(B34*5-0h%(%2+0,+),6(EB*5*51*)'(Z>I#(+2(!QQ5o(DQkF

7+-(-&.(9+=*(+(<)&.:($&@(+0,(2&(29*()3<926(G&@(8&$$&@(29*(:)&/*,.)*(?0&@0(+%6(6(6

&<9A@B])%;<J:@B])#F;9^B

&<9A@B])%;<J:@B])#F;9^B)3%(+(29)**(%2*:(K*)&30<(:)&/*,.)*6(O9*(A)%2(%2*:'(&<9A@B'()*J.3)*%(&0*(2&(5*+%.)*(29*(,3%2+0/*(-&.(@+02(2&(5&=*(+(<)&.:(30(30/9*%6(O9*(%*/&0,(%2*:'(%;<J:@B'()*J.3)*%(&0*(2&(/&0=*)2(29*(5*+%.)*5*02(&8(30/9*%(302&(>30.2*%(&8(#0<$*6(O9*(293),(%2*:'(#F;9^B'()*J.3)*%(&0*(2&(+,;.%2(29*(%3<92%(&8(29*()34*(1-(?0&@30<(9&@(5+0-(>30.2*%(&8(#0<$*(*+/9(k`$3/?k(E+0(30/)*5*02(&8(5&=*5*02(&0(29*(%3<92F(@3$$(5&=*(29*(%3<926

&<9A@B>*+%.)*(29*(,3%2+0/*(&8(29*(/*02*)(&8(-&.)(<)&.:(2&(29*(/*02*)(&8(29*(

%J.+)*6(>*+%.)*(30(30/9*%6(T&)(293%(*Y+5:$*'(@*(+)*(D(30/9*%()3<92(+0,(P6D!(30/9(,&@06

"f

Z@7>;<=)->J7)*;C@

m*)&30<(3%(29*(:)&/*%%(1-(@93/9(-&.(5+2/9(-&.)()34*h%($30*(&8(%3<92(@329(2)+;*/2&)-6

a30*(&8(%3<92(3%(29*(35+<30+)-($30*(29+2(*Y2*0,%(8)&5(-&.)(*-*'(29)&.<9(-&.)(%3<92%'(+0,(302&(30A032-6(O)+;*/2&)-(3%(29*(:+29(29*(1.$$*2(2+?*%(@9*0(A)*,(8)&5(-&.)()34*6(O9*($30*(&8(%3<92(3%(%2)+3<92'(@93$*(-&.)(1.$$*2h%(:+29(3%(/.)=*,6(\&.)(1+))*$(3%(%$3<92$-(:&302*,(.:@+),%(E29*(1*$&@(,3+<)+5(*Y+<<*)+2*%(293%F6(O9*(1.$$*2($*+=*%(-&.)(1+))*$(+//*$*)+230<(.:@+),%(.023$(32(3%(&=*)/&5*(1-(<)+=32-(+0,(1*<30%(2&(2)+=*$(,&@0@+),%6

T3<.)*(D^6((a30*(&8(73<92(+0,([.$$*2(H+29

O9*(:&302(&8(K*)&30<(3%(2&(5+2/9(-&.)($30*(&8(%3<92(@329(-&.)(1.$$*2h%(2)+;*/2&)-6(G&23/*(30(29*(+1&=*(,3+<)+5(9&@(29*($30*(&8(%3<92(+0,(29*(2)+;*/2&)-(5**2(+2(2@&(:&302%6(#(6"Q(/+$31*)(E6"Qfi^6cDY!P'(^6cDY"e'(^6cDY!P)'("Q6QcF(1.$$*2h%(2)+;*/2&)-(@3$$(/)&%%(29*($30*(&8(%3<92(+2(D!(+0,(DQQ(>*2*)%6(O9*)*8&)*'(&0*(@3$$(K*)&(+2(D!56(I0/*(&0*(3%(K*)&*,(+2(D!5'(-&.(@3$$(k1*(&0k(+2(DQQ56

#0(#BP!(3%(+($322$*(,388*)*02(%30/*(32(.%*%(+(,388*)*02(/+)2)3,<*(E!6!c(0+2&i6DD"(@30/9*%2*)F(+0,(32%(%3<92%(1*30<(93<9*)(&88(29*(1+))*$6(N2%(2)+;*/2&)-(/+.%*%(29*(1.$$*2(2&(/)&%%(29*($30*(&8(%3<92(+2(""5(+0,("QQ56(O9*)*8&)*'(38(&0*(3%(K*)&*,(+2(""5'(&0*(@3$$(k1*(&0k(+2("QQ(5*2*)%6(b&@*=*)'(+(B34*5-0(.%30<(+0(#BP!(%9&.$,(%23$$(K*)&(+2(D!56(>&)*(&0(29*(#BP!($+2*)6

>&%2(5&,*)0(/*02*)(A)*()34*(1.$$*2(:+29%(/)&%%(29*($30*(&8(%3<92(+2(D!5(+0,(DQQ56(k73<92M30M9+0,$*k(2-:*()34*%(E#BP!F(@3$$(K*)&(+2("QQ56(7/&:*,()34*%(+$%&(K*)&(+2("QQ56

"^

T3<.)*(PD6((O9*(O)3<<*)(b+0,

O9*(2)3<<*)(A0<*)(%9&.$,(0&2(2&./9(29*(%2&/?6(N0%2*+,'(32(%9&.$,(1*(1*02(30(+(k`k(%9+:*'($*+=30<(+0(+3)(<+:(1*2@**0(29*(A0<*)(+0,(29*(%2&/?6((V9*0(29*(2)3<<*)(A0<*)((2&./9*%(29*(%2&/?'(%9&2%(2*0,(2&(,)+<(30(+(%3,*@+-%(,3)*/23&06(O93%(3%(/+$$*,(k,)+<<30<(@&&,6k(`&02+/2(@329(29*(2)3<<*)(%9&.$,(1*(@329(29*(23:(&8(29*(2)3<<*)(A0<*)'(&)(29*(53,,$*(&8(29*(A)%2(:+,(&8(29*(A0<*)6(((O9*(2)3<<*)(%9&.$,(1*(%J.**K*,(%2)+3<92(1+/?6((G&2930<(30(-&.)(:&%323&0(%9&.$,(5&=*(@93$*(2+?30<(29*(%9&2(*Y/*:2(8&)(29*(23:(&8(-&.)(A0<*)6((

[b5)'@9^)"W:@<K@K)R.J7^@L)'@9^U

O9*(0*/?(%9&.$,(*Y2*0,(+%(8+)(+%(:&%%31$*6(O93%(,*=*$&:%(+(/&0%3%2*02(%3<92(:3/2.)*6(`&0%3%2*0/-(30(8&)5(3%(?*-(38(&0*(3%(2&(1*(/&0%3%2*02$-(+//.)+2*6(N8(29*(0*/?(3%(*Y2*0,*,(2&(,388*)*02($*0<29%'(+(/&0%3%2*02(%3<92(:3/2.)*(3%(35:&%%31$*6(b&@*=*)'(38(32(3%(*Y2*0,*,(+%(8+)(+%(32(@3$$(<&'(32(@3$$(+$@+-%(1*(/&0%3%2*026(O93%(3%(/+$$*,(+(k2.)?*-(0*/?6k(N8(,&0*(/&))*/2$-'()*/&3$(@3$$(0&2(9.)2(-&.)(8+/*6(O93%(3%(1*/+.%*(-&.)(0*/?(3%(8.$$-(*Y2*0,*,'()*/&3$(@3$$(:.%9(1+/?(-&.)(%9&.$,*)(+0,(-&.)(*Y2*0,*,(0*/?(@3$$(8&$$&@'(5&=30<(@329(29*()34*6(

#BP!(%9&&2*)%(@3$$(@+02(2&(:.2(29*3)(0&%*(&0(29*(/9+)<30<(9+0,$*6(R&0h2(@&))-'(32(@&0C2(9.)2(-&.(+%(-&.(@3$$(5&=*(@329(29*()*/&3$6((

[[5)#A@@^)6F8<:@K)><)1:>9^)R#A@@^)2@FKU

V9*0(29*(0*/?(3%(*Y2*0,*,(8.$$-'(:$+02(-&.)(/9**?(&0(29*(/&51(&8(29*(%2&/?6(O93%(%&$3,3A*%(29*(/9**?(@*$,6(\&.)(*-*%(%9&.$,(1*($*=*$(@329(29*(%3<92%6(N8(

PZ

0&2'(&0*(53<92(0**,(2&(1.3$,(.:(29*(%2&/?(@329(5+2*)3+$%6((a&0<($351*,(%9&&2*)%(@3$$(0**,(2&(1.3$,(.:(29*3)(%2&/?%(2&(:)&,./*(+(<&&,(/9**?(@*$,6((`$&29(+0,(,./2(2+:*(@&)?(@*$$6(N8(*-*%(+)*(%23$$(0&2(30($30*(@329(29*(%3<92%'(+,;.%2(-&.)(:&%323&0(%&(29*(+0<$*(&8(-&.)(1&,-(3%(5&)*(&)($*%%(*Y2)*5*(2&(29*(2+)<*26

$:A@7)6>;<:B)><):A@)67><@)6>B;:;><

O9*(%9&&2*)($3*%(+2(+("Q(,*<)**(+0<$*(2&(29*(2+)<*26(O9*(%.::&)2($*<(+0,(%:30*(+)*(0&2(:+)+$$*$(@329(29*()34*(1+))*$6(O9*("Q(,*<)**(+0<$*(9*$:%(&0*(<*2(29*3)(*$1&@(.0,*)(29*()34*'(+1%&)1()*/&3$(+0,(+$2&<*29*)(1.3$,(+(%2+1$*(:&%323&06

#(/&55&0(*))&)(&8(0*@(%9&&2*)%(30(29*(:)&0*(:&%323&0(3%(35:)&:*)(.%*(&8(29*(%$30<6(V93$*(32(5+-(1*(@&)0(/&))*/2$-'(32(5.%2(1*(8,(36(O93%(5*+0%(-&.)(@*3<92(5.%2(1*(%.::&)2*,(1-(29*(%$30<6(#$%&'(29*()34*(5.%2(1*(9*$,(.:(1-(29*(%$30<i8&)*+)5(%-%2*56(`&55&0$-'(%9&&2*)%($3*(2&&(4+2(8&)(29*(%$30<(2&(1*(*88*/23=*6(7/).0/9(-&.)(1&,-(2&(1*(%$3<92$-(%9&)2*)'(,*/)*+%30<(29*(,3%2+0/*(1*2@**0(-&.)(%.::&)2(*$1&@(+0,(-&.)(93:%6(O93%(@3$$(30/)*+%*(29*(+0<$*(&8(-&.)(8&)*+)5(2&(29*(<)&.0,6(B*5*51*)'(32(%9&.$,(1*(+2(+(Z!(,*<)**(+0<$*(2&(29*(<)&.0,6(#0(.:%3,*(,&@0(*J.3$+2*)+$(2)3+0<$*(%9&.$,(8&)5u(O9*(%$30<(8&)5%(29*(2&:'(:+)+$$*$(2&(29*(<)&.0,6(O9*(8&)*+)5(+0,(-&.)($&@*)(+)5(8&)5(29*(&29*)(2@&(%3,*%6

T3<.)*(P"6((O9*(7.::&)2(#)5(O)3+0<$*

&?G>7:8<:S(\15(%01%9#,0&0#16%1(B("%$#B(%=#8"%,899#"&%(+)#C]%\&.h$$(A0,(&.2(@9-($+2*)6

P!

T&)(0&@'(-+),%(+0,(5*2*)%(@3$$(1*(.%*,(302*)/9+0<*+1$-(8&)(*+%*(&8(*Y:$+0+23&06(>&)*(:)*/3%*($+0<.+<*(3%(0&2(0**,*,(8&)(B34*5-0(@&)?'(-*26((#(,3%2+0/*(30(5*2*)%(3%(+1&.2(PQd(8.)29*)(29+0(29*(%+5*(0.51*)(30(-+),%6((PQQ(5*2*)%(*J.+$%(PPQ(-+),%6((

T3<.)*(Dc6((I0*(>30.2*(&8(#0<$*

#%(5*023&0*,(*+)$3*)'(29*(B34*5-0h%(%2+0,+),(3%(Z(>I#6(O9*(B34*5-0(3%(/+:+1$*(&8(%9&&230<(Z(>I#(<)&.:%(&)(1*22*)6

b&@($+)<*(3%(Z(>I#(+2(PQQ(-+),%p(#0%@*)S(Z(30/9*%6

b&@(13<(3%(Z(>I#(+2("QQ(-+),%p(#0%@*)S(PD(30/9*%6

O93%(3%(1*/+.%*(@*(?0&@(29+2(P(>I#(o(Pk(:*)(PQQ(-,%6(O9*)*8&)*'(+2("QQ(-+),%'(P(>I#(@3$$(*J.+$("(30/9*%6(730/*(Z(>I#(3%(8&.)(P(>I#%'(32(@3$$(1*(8&.)(235*%(+%($+)<*6(O9*)*8&)*'(Z(>I#(+2("QQ(-+),%(*J.+$%(PD(30/9*%6

#(B34*5-0(3%(+//.)+2*(&.2(2&(E+2($*+%2F(!QQ(-+),%6(V9-(3%(293%p(P(>I#(+2(!QQ(-+),%(3%(!(30/9*%6(Z(>I#(+2(!QQ(-+),%(3%(EZY!F(DQk6(((O9*(B34*5-0(/+0(932(DQ(30/9(2+)<*2%(+2(!QQ(-+),%6

V329(29*(?0&@$*,<*(&8(>30.2*(&8(#0<$*(@*(/+0(1*<30(2&(K*)&(-&.)()34*6

"c

687:)&&&)#$'#"6.1

%;<J:@)>I)/<=F@

*8&)*(-&.(/+0(K*)&(-&.)()34*'(-&.(5.%2(?0&@(+(.032(&8(5*+%.)*5*02(1-(@93/9(2&(+,;.%2(-&.)(%3<92%6(O-:3/+$$-'(#5*)3/+0%(5*+%.)*(,3%2+0/*%(30(30/9*%(+0,(-+),%6(\&.)()34*h%(%2+0,+),(.032(&8(5*+%.)*5*02(3%(?0&@0(+%(

+(>30.2*(&8(#0<$*(E>I#F6[#(132(&8(<*&5*2)-6

#(/3)/$*(3%(,3=3,*,(302&("cQ(,*<)**%6(#(>30.2*(&8(#0<$*(3%(PicQ29(&8(+(,*<)**6(N5+<30*(+0(+0<$*($*+=30<(29*(1+))*$(&8(-&.)()34*(2&@+),%(30A032-6((O9*(&)3<30+230<(:&302(3%(29*(5.KK$*(&8(-&.)()34*(+0,(*Y2*0,%(,&@0)+0<*'(@3,*030<(+2(+(/&0%2+02()+2*6(O9*()*+%&0(B34*5-0(.%*(>30.2*%(&8(#0<$*(3%(1*/+.%*(29*-(+$@+-%()*5+30(/&0%2+02'(<3=30<(29*(B34*5-0(+($+0<.+<*(29+2(/&55.03/+2*%(,3%2+0/*%()*$*=+02(2&(29*(2+)<*26

T&)(0&@'($*2h%(%+-(293%(35+<30+)-(/&0*(%2*5530<(8)&5(-&.)()34*(3%(P(>30.2*(&8(#0<$*6(O9*(J.*%23&0(3%'(9&@(13<(@3$$(293%(>30.2*(&8(#0<$*(1*(+2(/*)2+30(,3%2+0/*%(8)&5(-&.)()34*p

.A@)B:8<K87K);BO(

Y%^018&(%#-%L12+(%0,%(T8*+%&#%Y%015'%9("%YKK%=*"3,>%_Y%^\L%`%YU%9("%YKK%=3,a

#2(PQQ(-+),%'(29*(P(>I#(/&0*(@3$$(1*(P(30/9(@3,*6(#2(2@&(9.0,)*,(-+),%'(29*(P(>I#(/&0*(@3$$(1*(D(30/9*%(@3,*6(#2(!QQ(-+),%'(29*(P(>I#(/&0*(@3$$(1*(!(30/9*%(@3,*6

"!

'8:J78F)6>;<:)>I)/;?)R'6$/U

I0/*(+(:)&:*)(:&%323&0(3%(1.3$2'(29*(%9&&2*)(9+%(29*(8&.0,+23&0(2&(<&&,(%9&&230<6(b&@*=*)'(29*(/&0/*:2(&8(G+2.)+$(H&302(&8(#35(5.%2(1*(.0,*)%2&&,(2&(5+?*(8.$$(.%*(&8(+(:)&:*)(:&%323&06

G+2.)+$(H&302(&8(#35(EGHI#F(3%(+(/&0/*:2(29+2(5.%2(1*(.0,*)%2&&,(38(&0*(302*0,%(2&(5+%2*)(B34*5-0M2-:*(%9&&230<6(T3)%2'(+(%*53MA/23&0+$(%2&)-(2&()*$+2*(29*(?0&@0(2&(29*(.0?0&@06

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

I0/*(:&302*,(30(29*()3<92(,3)*/23&0'(29*(/+00&0**)(30(29*()*+)($32(29*(/+00&06([II>](O9*(/+00&0($*+:*,(&.2(&8(+356(N2(5&=*,(1+/?(2&(29*(53,,$*(&8(29*()&:*6(N2(5&=*,(2&(@9*)*(32(@+02*,(2&(0+2.)+$$-($3*6(N2(5&=*,(1+/?(2&(32%(0+2.)+$(:&302(&8(+356(I8(/&.)%*'(29*(/+00&0(53%%*,(32%(2+)<*26(O9*(/+00&00**)%(9+=*($*+)0*,(29*(35:&)2+0/*(&8(0+2.)+$(:&302(&8(+356

O9*(/+00&00*)%(<&2(%5+)26(O9*-()*1.3$2(29*(/+00&0(/+))3+<*6(N0%2*+,(&8(+()&:*'(29*-(AY*,(29*(1+))*$(2&(+(%&$3,(@&&,*0(8&.0,+23&06(V9*0(+3530<'(29*-(5&=*,(29*(*023)*(/+00&0(/+))3+<*6(G&@(*=*)-(235*(29*-(A)*,'(29*(/+00&0(@&.$,(932(32%(5+)?(+%(32(@+%(+$@+-%(30(32%(0+2.)+$(:&302(&8(+356

GHI#(3%(29*(:$+/*(@9*)*(-&.(+0,(-&.)()34*(:&302(0+2.)+$$-6(G+2.)+$$-(5*+0%(@329&.2(5.%/$*(+0,(+()*$+Y*,(1&,-6(O9*(/+00&0()*%230<(+2(29*(1&22&5(&8(29*()&:*(3%(30(0+2.)+$(:&302(&8(+356(b&@*=*)'(0+2.)+$(:&302(&8(+35(3%(0&2(+$@+-%(&0(2+)<*26(O9*)*8&)*'(+(/+00&0(/+))3+<*(@+%(30=*02*,(2&(%9382(29*(1+))*$i/+))3+<*(/&02)+:23&0(+%(&0*6

#%(+(B34*5-0'(&0*(5.%2(1*/&5*(+(/+00&0(/+))3+<*6(O93%(3%(29*(:.):&%*(&8(29*(:)&0*(:&%323&06(O9*(:)&0*(:&%323&0(3%(*%%*023+$$-(29*(/+00&0(/+))3+<*'(+0,(29*()34*S(29*(/+00&06

Pc

+;<K;<=)'8:J78F)6>;<:)>I)/;?

.>)c<K)L>J7)'6$/])BF;<=)JG])=@:);<:>)G>B;:;><)8<K)I>FF>E):A@B@)B:@GBO(

P6(`$&%*(-&.)(*-*%

D6(B*$+Y(-&.)(5.%/$*%

"6([)*+29*(30'([)*+29*(&.2

Z6(I:*0(-&.)(*-*%

!6(79382(38(0*/*%%+)-(

N8(-&.(+)*(/&5:$*2*$-()*$+Y*,'(293%(@3$$(1*(-&.)(0+2.)+$(:&302(&8(+356(G30*2-M030*(:*)/*02(&8(29*(235*(-&.(@3$$(0&2(1*(&0(2+)<*26(O93%(3%(A0*6(V9+2(,3,(29*(/+00&0**)%(,&(2&(<*2(1+/?(&0(2+)<*2p(O9*-(5&=*,(29*(/+00&0(/+))3+<*6((\&.)(1&,-'(E29*(/+00&0(/+))3+<*F(5.%2(5&=*(30(&),*)(2&(1)30<(-&.)(%3<92%(&0(2+)<*26(R&(0&2(.%*(-&.)(+)5(5.%/$*%(2&(5&=*(29*(%3<92%(&02&(29*(2+)<*26(O93%(3%(*J.3=+$*02(2&(29*(/+00&0**)%(:.%930<(29*(/+00&0(+/)&%%(29*()&:*6(>&=*(29*(/+))3+<*]

b&@(,&*%(&0*(5&=*(29*(/+))3+<*p

->J7)BJGG>7:)@FN>E)B:8LB)GF8<:@K6(N2(,&*%(0&2(5&=*6(\&.)(%.::&)2(*$1&@(3%(-&.)(:3=&2(:&3026(R&(0&2(5&=*(-&.)(*$1&@]

N0%2*+,'(%9382(-&.)(93:%6(#(%$3<92(%9382(30(29*(93:%(3%(*0&.<9(2&(/9+0<*(-&.)(0+2.)+$(:&302(&8(+356(N8(-&.(0**,(2&(5&=*(-&.)(%3<92%(2&(29*()3<92'(%9382(-&.)(93:%($*826(O93%(+0<$*%(-&.)(1&,-(E/+00&0(/+))3+<*F(30(:&302(&8(+35(29+2(3%(/$&%*)(2&(-&.)(2+)<*26(#(%9382()*J.3)*%(-&.(2&($38*(-&.)(93:%(&88(29*(<)&.0,(+0,(:$+/*(29*5(%&5*@9*)*(*$%*6(O-:3/+$$-(+(%9382(@3$$(&0$-(1*(+(8*@(30/9*%6(#82*)(-&.(%9382'()*5*51*)(2&()*$+Y(+<+306(/;?)I7>?):A@)A;G5

'8778:;M@)>I)+;<K;<=)'8:J78F)6>;<:)>I)/;?

\&.($3*(,&@0(+0,(<*2(302&(29*(:)&0*(:&%323&06(\&.($+-(,&@0(30(29*(<*0*)+$(,3)*/23&0(&8(29*(2+)<*2(@329(-&.)(1&,-(+0<$*,(+::)&Y35+2*$-("Q(,*<)**%(2&@+),%(29*(2)3<<*)(%3,*(&8(29*(2+)<*26((b&@*=*)'(-&.(+)*(0&2(E+2(293%(:&302F(/&0/*)0*,(@329(*Y+/2$-(@9*)*(29*(2+)<*2()*%3,*%6(

P^

\&.)(8)&02(%3<92(@3$$(@&11$*(&=*)(29*(2+)<*2(%30/*(293%(:&%323&0(3%(0&2(+%(%2+1$*6(a*+)0(2&(*51)+/*(29*(@&11$*(1-(?**:30<(/&0%2+02(:)*%%.)*(&0(29*(2)3<<*)(+0,(%J.**K30<(&88(A0+$(132(@9*0(-&.)(%3<92(:+%%*%(&=*)(29*(2+)<*26

*;C@?L<dB)#8K@<9@

O9*(B34*5-0(3%(/+:+1$*(&8(,*$3=*)30<()+:3,'(@*$$(+35*,(A)*6(O93%(3%(+//&5:$3%9*,(29)&.<9(<&&,(:&%323&0'(0+2.)+$(:&302(&8(+35'(29*(G30*(72*:%(2&(T3)30<(29*(79&2'(+0,(5*3(15(>%%`+,*0/*(3%(29*(B34*5-0h%()9-295'(,*$3=*)30<(+(@*$$(+35*,(%9&2(+::)&Y35+2*$-(*=*)-(29)**(%*/&0,%6(I0/*(30(:&%323&0(+0,(@9*0(GHI#(3%(&0(2+)<*2'(29*(B34*5-0(@3$$()3,*(29*()*/&3$(+0,(.%*(/+,*0/*(2&(:$+/*(+$$(29*3)(%9&2%(30(29*(%+5*(:$+/*6

O&(A)*(30(/+,*0/*'(+(B34*5-0(<*2%(302&(+(%&$3,(:&%323&06(O9*(B34*5-0(/-/$*%(29)&.<9(29*(G30*(72*:%(2&(T3)30<(29*(79&2'(2+?30<(235*(+2(%2*:(29)**(2&(A0,(29*3)(G+2.)+$(H&302(&8(#356(`+,*0/*(3%(29*(235*(32(2+?*%(8&)(+(B34*5-0(2&(<&(29)&.<9(+$$(29*(e(%2*:%(2&(A)30<(29*(%9&26

N2(%**5%($3?*(+($&2'(1.2(38(30(GHI#'(5+0-(&8(29*(%2*:%(,&(0&2(0**,(+22*023&0(@9*0(A)30<(+(%2)30<(&8(%9&2%6((T&)(*Y+5:$*'(29*(%9&&2*)(3%(30(GHI#'(29*(%9&&2*)(3%(8&/.%30<(29*3)(*-*'(29*3)(530,'(%J.**K30<(+0,([#GU](O9*(%9&&2*)(1)*+29*%(30'(1)*+29*%(&.2'([#GU]'(1)*+29*%(30'(1)*+29*%(&.2'([#GU](O9&%*(%9&2%(@*)*(A)*,(30(/+,*0/*6((V9*0(A)30<(30(/+,*0/*'(1*(+@+)*(29+2(1&,3*%(%&5*235*%(2*0%*(.:(+82*)(%9&2%'(*%:*/3+$$-(29*(%.::&)2(9+0,6((O93%(@3$$(29)&@(&88(-&.)(GHI#(+0,(+88*/2(-&.)(%3<92(:3/2.)*6((72+-()*$+Y*,(1*2@**0(%9&2%6((

O9*(:&302(&8(/+,*0/*(3%(2&(8&)/*(29*(%9&&2*)(2&(2).%2(29*3)(G+2.)+$(H&302(&8(#35'(+$$&@30<(29*3)(:&%323&0(2&()*%*22$*(29*(%3<92%(+82*)(*+/9(%9&2(&0(2+)<*26(#$$(29*(%9&&2*)(9+%(2&(,&(29*0(3%(1)*+29*(+0,(%J.**K*(E29*(2)3<<*)F6((#$%&'(/+,*0/*(@3$$(9*$:(29*(%9&&2*)(2&(0&2(8.%%(29*(%9&26((#(%9&&2*)(8.%%*%(29*(%9&2(@9*0(29*-(2+?*(2&&($&0<(2&(A)*(29*(%9&2(1*/+.%*(29*-(,&(0&2(9+=*(GHI#(+0,(+)*(.%30<(5.%/$*%(2&(+356

"Z

T3<.)*(D!6((B+3%*(B34*([.22(H$+2*(302&(79&.$,(H&/?*2

V9*0(29*()34*(3%(:.$$*,(,&@0(+0,(23<92(+/)&%%(-&.)(2&)%&'(1)30<(29*(1.22(302&(-&.)(%9&.$,*)6(V329(-&.)(2)3<<*)(:+$5'(<)+1(29*(1.22(&8(29*()34*(+0,(1)30<(32(302&(-&.)(%9&.$,*)(:&/?*26(N2(/+0(1*(93<9(30(-&.)(:&/?*26

O9*(%3<92%(%9&.$,(1*($*=*$(@329(-&.)(*-*6(R&(0&2(1)30<(-&.)(8+/*(,&@0(2&(-&.)()34*'(1)30<(-&.)()34*(.:(2&(-&.)(8+/*(E@93$*(?**:30<(32(30(-&.)(:&/?*2F6(G&@'()*+/9(+)&.0,(@329(-&.)(2)3<<*)(9+0,(+0,(<)+1(29*(:3%2&$(<)3:6(

G+2.)+$(H&302(&8(#35(%23$$(+::$3*%(30(29*(%2+0,30<(:&%323&06(O&(A0,'(<*2(%$.0<(.:(+0,(302&(:&%323&06(`$&%*(-&.)(*-*%(+0,(@3<<$*(-&.)()34*(+)&.0,6(a*2(32(0+2.)+$$-(%*22$*6(I:*0(-&.)(*-*%(+0,(&1%*)=*(@9*)*(-&.(0**,(2&(5&=*6(\&.)(8)&02(8&&2(3%(-&.)(:3=&2(:&3026(R&(0&2(5&=*(-&.)(8)&02(8&&26((g%*(29*(1+/?(8&&2(2&(:3=&2(+)&.0,(-&.)(8)&02(8&&26(O&(<+30(*$*=+23&0'(5&=*(-&.)(1+/?(8&&2(1+/?6(O&($&&%*(*$*=+23&0'(5&=*(-&.)(1+/?(8&&2(8&)@+),6(O&(+,;.%2(@30,+<*'(5&=*(-&.)(1+/?(8&&2($*82(&)()3<926

V9*0(%9&&230<(+($&0<(%2)30<(&8(%9&2%'(5+?*(%.)*(2&(2+?*(+(1)*+?6(\&.)()34*(3%(30*=32+1$-(1*30<(%.::&)2*,(1-(%&5*(+)5(5.%/$*%(30(29*(%2+0,30<(:&%323&06(>.%/$*%(<*2(23)*,'(%&(<3=*(29*5(+(1)*+?6(L=*)-("MZ(%9&2%'($&@*)(-&.)()34*(5.KK$*(2&()*%2(-&.)(+)5%6(#$%&'(@9*0(-&.(+)*(A)30<'(,&(0&2(8.%%(29*(%9&26(O+?30<(32(%&&0*)(29+0($+2*)(3%(1*%2(+%(-&.)(5.%/$*%(@3$$(0&2(1*(+%(23)*,6

""

\&.(+)*(30(:&%323&06(G&@'(BLa#v](O93%(5*+0%(/&0%/3&.%$-(2930?(&8(-&.)(1&,-(:+)2%6(\&.()*$+Y(-&.)(%.::&)2(9+0,'(-&.)(%.::&)2(+)5'(13/*:'(%9&.$,*)'(1+/?'(0*/?'(2)3<<*)(9+0,'((B("=&'012>%O9*0'(-&.(/$&%*(-&.)(*-*%6(V93$*(29*-(+)*(/$&%*,'(1)*+29*(30(+0,(1)*+29*(&.26(I:*0(-&.)(*-*%6(G&@'(@9*)*(3%(-&.)(8)&02(%3<92p(B*5*51*)'(eed(&8(29*(235*(32(@3$$(0&2(1*(&0(2+)<*26(O93%(3%(#E*=>%N8(-&.(+)*()*$+Y*,(+0,(30(+(%2+1$*(:&%323&0'(-&.)(%3<92%(+)*(:&30230<(30(29*3)(G+2.)+$(H&302(&8(#356(U&&,(w&16

#/2.+$$-'(293%(235*'(-&.)(%3<92%(+)*(1*$&@(29*(2+)<*2(+0,(2&(29*()3<926(G&(:)&1$*56(\&.(?**:(-&.)(%.::&)2(*$1&@(:$+02*,(+%(+(:3=&2(:&302(+0,(-&.(%9382(-&.)(93:%6((O93%(235*'(-&.(%9382(-&.)(93:%(%$3<92$-(2&(29*(+(-&6(O93%(1)30<%(-&.)(GHI#(%&5*@9*)*(1+/?()3<92(2&@+),(29*(2+)<*26(O9*0'(-&.(%9382(-&.)(93:%()*5E%+($322$*6(O93%(@3$$()+3%*(-&.)(GHI#6(G&@'(<&(29)&.<9(29*(GHI#(2*%2(%2*:%(+<+306

P6(`$&%*(-&.)(*-*%D6(B*$+Y(-&.)(5.%/$*%"6([)*+29*(30'([)*+29*(&.2Z6(I:*0(-&.)(*-*%!6(79382(38(0*/*%%+)-(

O93%(235*'(5-(8)&02(%3<92(3%(%23$$(1*$&@(+0,(2&&(8+)($*826((N(5.%2(0&2(9+=*(%9382*,(8&)(*0&.<9(*$*=+23&0(+0,(2&&(5./9(@30,+<*6((7&'(N(%9382(5-(93:%(1+/?(+(230-(132(2&()+3%*(5-(8)&02(%3<926((N(%9382(5-(93:%()3<92(+($322$*(132(2&(1)30<(5-(8)&02(%3<92(1+/?(2&(29*()3<926((N(<&(29)&.<9(29*(GHI#(2*%2(%2*:%(+<+30'(+0,(A0+$$-'(N(+5(&0(5-(2+)<*26((>-(2+)<*2(%32%(;.%2(&0(2&:(&8(5-((8)&02(%3<92(%30/*(N(+5(.%30<(29*(73Y(Ih(`$&/?(9&$,6((N(1)*+29*(30(+0,(@+2/9(5-(8)&02(%3<92(,3:(1*$&@(29*(2+)<*26((N(1)*+29(&.2(+0,(@+2/9(5-(%3<92()+3%*()3<92(1+/?(2&(5-(73Y(Ih(`$&/?(9&$,6

#2(A)%2(-&.(@3$$(0**,(2&(%9382(5+0-(235*%(1*8&)*(-&.)(0+2.)+$(:&302(&8(+35(3%(&0(2+)<*26(O93%(3%(&?+-6(I=*)(235*(+0,(@329(:)+/23/*(-&.(@3$$(0&2(0**,(2&(%9382(+%(5+0-(235*%(+%(-&.(,*=*$&:(29*(%?3$$6(T&)(0&@'(1*(:+23*02(+0,(K>)<>:)9J:)9>7<@7B5)\&.(@3$$(&0$-(1*(/9*+230<(-&.)%*$86!@):A@)98<<><)9877;8=@)+0,)/;?)I7>?):A@)A;G5

2AL)'6$/e

G+2.)+$(H&302(&8(#35(30(:+)20*)%93:(@329(+(<&&,(A*$,(:&%323&0(+$$&@%(29*(%9&&2*)(2&(,*$3=*)()+:3,'(@*$$(+35*,(A)*6(#(%9&&2*)(30(+(<&&,(:&%323&0(+0,(30(2).*(0+2.)+$(:&302(&8(+35(/+0(*5:2-(29*3)(5+<+K30*(J.3/?$-(+0,(+//.)+2*$-(+2(+()+2*(&8(DQ()&.0,%(:*)(530.2*6

Pf

.A@)1;::;<=)6>B;:;><

O9*(%32230<(:&%323&0(3%(29*(%*/&0,(5&%2(%2+1$*(:&%323&06(N2(3%(.%*8.$(8&)(%9&&230<(&=*)(%&5*2930<($3?*(%0&@'(<)+%%(&)(=*<*2+23&06(O9*(8.0,+5*02+$(72*+,-(b&$,(T+/2&)%(%23$$(9&$,(2).*(8&)(29*(%32230<(:&%323&06(T&)(293%(:&%323&0'(.%*(29*($&&:(%$30<(/&0A<.)+23&06

T3<.)*(PZ6((732230<(H&%323&0'(7.::&)2(73,*

T3<.)*(P!6(732230<(H&%323&0'(O)3<<*)(73,*

Pe

T3<.)*(DZ6((U)+%:(B34*(+0,(H.$$(32(R&@0(+/)&%%(O&)%&

V329(-&.)(2)3<<*)(9+0,(<)3::30<(29*()34*'(:.%9(.:6((O93%(@3$$(1)30<(29*(1&22&5(%$30<(%@3=*$(302&(-&.)(+)5:326(V329&.2(5&=30<(29*()34*'(1)30<(-&.)(%.::&)2(9+0,(.:(+0,(@)+:(32(1*930,(29*(%$30<(E$3?*(30(:)&0*(:&%323&0F6((O9*(%$30<(@3$$(:+%%(1*930,(29*(%.::&)2(@)3%26

_**:(1&29(&8(-&.)(9+0,%(<)3::30<(29*()34*6(G&@(:.$$(29*()34*(,&@0'(1)30<30<(29*(%2&/?(&8(29*()34*(30(8)&02(&8(-&.)(2&)%&6(O93%(@3$$(23<92*0(.:(29*(%$30<6

"D

T3<.)*(D"6((H.$$(7$30<(302&(#)5:32(

b&$,(-&.)()34*(@329(-&.)(2)3<<*)(9+0,6(LY2*0,(-&.)(%.::&)2(+)5(&.2(+2(+(eQ(,*<)**(+0<$*(8)&5(-&.)(1&,-6(H.2(-&.)(%.::&)2(+)5(29)&.<9(29*(%$30<(+0,(@&)?(32(302&(-&.)(+)5:326

"P

O9*(%32230<(:&%323&0(3%(+(5&,3A/+23&0(&8(:)&0*(:&%323&06(O9*(1+%3/(72*+,-(b&$,(T+/2&)%(+)*(29*(%+5*6(O93%(5*+0%S

[5)"FN>E);B)3<K@7):A@)*;C@S5)1JGG>7:)08<K);B)*@F8W@KT5)1F;<=)!@A;<K)1JGG>7:)27;B:_5)1F;<=);B)1<J=P5)1F;<=)2@FF)3G)><)1JGG>7:)/7?Q5)'@9^)"W:@<K@K)R.J7^@L)'@9^UV5)#A@@^)6F8<:@K)><)1:>9^)R#A@@^)2@FKU`5)+;7?)08<KBA8^@)(7;GX5).7;==@7)+;<=@7)/;7f(8G)R'>:)g78==;<=)2>>KU

O9*%*(*$*5*02%(%2+-(29*(%+5*(30(+$$(:&%323&0%6

#(8*@(2930<%(,3%230<.3%9(29*(%32230<(:&%323&06

O9*(%9&&2*)(3%(+0<$*,(+::)&Y35+2*$-("Q(,*<)**%(2&(29*(2)3<<*)(%3,*(&8(29*(2+)<*26(a*<%(+)*(/)&%%*,6("FN>EB)B;:);<)I7><:)>I)8<K);<)c7?)9><:89:)E;:A):A@)^<@@B5))a*<%(+)*(/)&%%*,6(((N2(,&*%(0&2(5+22*)(@93/9($*<(<&*%(&=*)(29*(&29*)6((O)-(1&296((\&.(+)*($&&?30<(8&)(%2+13$32-6((#(,*2*)53030<(8+/2&)(+1&.2(@93/9($*<(3%(&0(2&:(3%(*$*=+23&06(#($&2(&8(:*&:$*(9+=*(2)&.1$*(<*2230<(293%(:&%323&0(2&(%.::&)2(+(GHI#(29+2(3%(93<9(*0&.<9(2&(1*(&0(2+)<*26((O)-(%@32/930<(-&.)($*<%6(I)'(2)-(23<92*030<(-&.)($*<%(%&(-&.)(8**2(9&$,(-&.)(293<9%(.:6((7&5*(:*&:$*(+$5&%2(%32(&0(29*3)(8**26((I29*)%(+)*(5&)*(%:)*+,(&.26((

\&.)(*$1&@%(+)*(30(8)&02(&8(-&.)(?0**%6((O93%(3%(2&(+1%&)1()*/&3$6(N8(-&.)(*$1&@%(+)*(&0(2&:(&8(-&.)(?0**%'(*+/9(%9&2(@3$$(?0&/?(-&.)(*$1&@%(&88(8&)/30<(-&.(2&()*+/J.3)*(G+2.)+$(H&302(&8(#356((N8(-&.)(:&%323&0(3%(1.3$2(/&))*/2$-'(-&.(/+0(A0,(G+2.)+$(H&302(&8(#35(&0(2+)<*26((V9*0(GHI#(3%(2).$-(&0(2+)<*2(+0,(-&.)(:&%323&0(/&))*/2$-(1.3$2'(*+/9(%9&2h%()*/&3$(@3$$()&/?(29*(%9&&2*)(1+/?6((R.*(2&(<&&,(:&%323&0(29*(%9&&2*)(@3$$()*/&=*)(8)&5(29*()*/&3$(+0,(29*(%3<92%(@3$$(%*22$*(1+/?(302&(GHI#'(&0(2+)<*26

G+2.)+$(H&302(&8(#35(%23$$(/&.02%(30(29*(%32230<(:&%323&06((N2(/+0(1*(+%(*Y+/2(+%(29*(:)&0*(:&%323&06((\&.(A0,(GHI#(29*(%+5*(@+-'(8&$$&@30<(29*(%+5*(%2*:%6

P6(`$&%*(-&.)(*-*%D6(B*$+Y(-&.)(5.%/$*%

DQ

"6([)*+29*(30'([)*+29*(&.2Z6(I:*0(-&.)(*-*%!6(79382(38(0*/*%%+)-(

((((((7938230<(3%(+($322$*(,388*)*02(30(29*(%32230<(:&%323&0(+%(&::&%*,(2&(:)&0*6(O9*)*(3%(%23$$(+(:3=&2(:&3026((N2(3%(*%%*023+$$-(29*(1&22&5(+0?$*(&8(-&.)(/)&%%*,($*<%6(79382(+)&.0,(293%(:&3026((O&(<+30(*$*=+23&0'(1)30<(-&.)(1.22(/$&%*)(2&(-&.)(+0?$*%(&)(1)30<(-&.)(?0**%(/$&%*)6((O&($&%*(*$*=+23&0'($&&%*0(.:6((V30,+<*(E$*82(+0,()3<92F(+,;.%25*02%(+)*(5+,*(1-(%/&&230<(-&.)(1.22($*82(&)()3<926 L=*)-2930<(*$%*(30(-&.)(:&%323&0(%2+-%(:.2(+0,(%2+1$*6((#35(1-(%/&&230<6((

O93%(:&%323&0(3%(,38A/.$2(+2(A)%26(723/?(@329(32'(%2)*2/9(-&.)(1&,-'(+0,(:)+/23/*(2&(<*2(32()3<926(N2(@3$$(*=*02.+$$-(@&)?6

';<@)1:@GB):>)+;7;<=):A@)1A>:

O9*)*(+)*(G30*(72*:%(2&(T3)30<(29*(79&26(V93$*($*+)030<'(&0*(%9&.$,(<&(29)&.<9(*+/9(%2*:(/&0%/3&.%$-(.023$(32(1*/&5*%(0+2.)+$6(H*)9+:%(@9*0(-&.(+)*($*+)030<'(@)32*(29*%*(,&@0(&0(29*(2)3<<*)(%3,*(+)5(&8(%9&&230<(;+/?*2(%&(-&.(/+0(%**(29*%*(@93$*(30(:&%323&0(+0,(:.2230<(29*5(302&(+/23&06((L+/9(%9&2(%9&.$,(1*(A)*,(@329(+$$(&8(29*(030*(%2*:%(:*)8&)5*,(/&))*/2$-6

';<@)1:@GB):>)+;7;<=):A@)1A>:O

[5)1;=A:)/F;=<?@<:S5)1;=A:)6;9:J7@T5)*@BG;78:>7L)68JB@_5)+>9JB)->J7)"L@)><):A@)+7><:)1;=A:P5)+>9JB)->J7)%;<K)><)4@@G;<=):A@)+7><:)1;=A:)><).87=@:Q5).7;==@7)1hJ@@i@V5)+>FF>E).A7>J=A`5)#8FF):A@)1A>:e6(O)3<<*)(B*%*2P6(73<92(#$3<05*02

O9*(A)%2(%2*:(2&(A)30<(+(%9&2(3%(?0&@0(+%(%3<92(+$3<05*026(O93%(3%(@9*)*(&0*(%35:$-($30*%(.:(29*()*+)(+0,(8)&02(%3<92%(30(29*(/&))*/2(@+-6(T&)(:**:(%3<92%'(

DP

T5)1F;<=)!@A;<K)1JGG>7:)27;B:_5)1F;<=);B)1<J=P5)1F;<=)2@FF)3G)><)1JGG>7:)/7?Q5)'@9^)"W:@<K@K)R.J7^@L)'@9^UV5)#A@@^)6F8<:@K)><)1:>9^)R#A@@^)2@FKU`5)+;7?)08<KBA8^@)(7;GX5).7;==@7)+;<=@7)/;7f(8G)R'>:)g78==;<=)2>>KU

O9*(%9&&2*)(@3$$(8+/*(2&@+),%(29*(2)3<<*)(%3,*(&8(29*(2+)<*2(+2(eQ(,*<)**%6(O9*3)(8**2(@3$$(1*(%:+/*,(%9&.$,*)(@3,29(+:+)26((O93%(:&%323&0(/+$$%(8&)(+(,388*)*02(%$30<(/&0A<.)+23&06(N2(3%(/+$$*,(29*(b+%2-(7$30<6(O9*(9+%2-(%$30<(3%(+(/&0A<.)+23&0(@9*)*(1&29(*0,%(&8(29*(%$30<(+)*(/&00*/2*,(2&(29*()34*h%(%$30<(%@3=*$%u(I0*(%@3=*$(&0(29*(1.22(%2&/?'(&0*(.:(&0(29*(9+0,(<.+),(&8(29*()34*6

(@::;<=)&<:>):A@)08B:L)1F;<=

T3<.)*(DD6((#,;.%230<(7$30<(O*0%3&0

#,;.%2(29*(%$30<(%&(-&.)(9+0,(%:)*+,(29.51M23:(2&(:30?-M23:(@3$$(A2(1*2@**0(29*(%$30<(+0,(29*(2)3<<*)(<.+),6

"Q

.A@)1:8<K;<=)6>B;:;><

T3<.)*(DP6((72+0,30<(H&%323&0'(O)3<<*)(73,*

O9*(%2+0,30<(:&%323&0(3%(29*($*+%2(%2+1$*(:&%323&06(b&@*=*)'(29*)*(+)*(2*/903J.*%(2&(5+?*(32(/&0%3,*)+1$-(%2+1$*6(#<+30'(.03=*)%+$(72*+,-(b&$,T+/2&)%(9&$,(2).*6

[5)"FN>E);B)3<K@7):A@)*;C@S5)1JGG>7:)08<K);B)*@F8W@K

De

&0*(5.%2(5+?*(%.)*(29*(8)&02(%3<92(:&%2(3%(30(29*(/*02*)(&8(29*()*+)(+:*)2.)*6(O9*)*(%9&.$,(1*(29*(%+5*(+5&.02(&8(%:+/*(&0(*329*)(%3,*(E$*82(&)()3<92F(&8(29*(8)&02(%3<92(:&%2(@93$*(1*30<(=3%.+$$-(@32930(29*()*+)(+:*)2.)*6(#$%&'(29*(2&:(&8(29*(8)&02(%3<92(:&%2(%9&.$,(1*(=*)23/+$$-(30(29*(53,,$*(&8(29*()*+)(+:*)2.)*6

O9*(:**:(%3<92(9+%(2@&(/&5:&0*02%S(O9*()*+)(%3<92(+0,(29*(8)&02(%3<926

T3<.)*(Pc6(((B*+)(73<92( ((((( T3<.)*(P^6((T)&02(73<92

\&.)()34*(@3$$(&0$-(1*(+//.)+2*(38(+$3<0*,(30(:)&:*)(+0,(/&0%3%2*02(%3<92(:3/2.)*6(

T3<.)*(Pf6((`&))*/2(73<92(#$3<05*02

O9*(8)&02(%3<92(:&%2(3%(30(29*(53,,$*(&8(29*(/3)/$*6(O9*(8)&02(%3<92(k@30<%k(9*$:(&0*(2&(<+<*(29*($+2*)+$(/*02*)(&8(29*(/3)/$*6(#(/&55&0(53%2+?*(3%(2&(&0$-(8&/.%(&0($+2*)+$(%3<92(+$3<05*026(I0*(5.%2(5+?*(%.)*(2&(,*=*$&:(+(/&0%3%2*02(

DD

=*)23/+$(%3<92(+$3<05*02(+%(@*$$6(H)&:*)(`9**?(V*$,(+0,(O.)?*-(G*/?(9*$:(@329(/&0%3%2*02(=*)23/+$(%3<92(+$3<05*02(1-(%&$3,38-30<(-&.)(8+/*(30(+(/&0%2+02(:&%323&06(>+?*(%.)*(29*(8)&02(%3<92(:&%2(3%(30(29*(%+5*(:&%323&0(30()*$+23&0%93:(2&(-&.)()*+)(%3<92(+:*)2.)*6(N8(0&2'(-&.(@3$$(0&2(1*(/&0%3%2*02$-(+//.)+2*6

V93$*(29*(:**:(%3<92(3%(29*(5&%2(/&55&0(%3<92(8&)(29*(B34*5-0'(&29*)(%3<92(&:23&0%(*Y3%26(O9*(%/&:*(3%(+(/&55&0(%3<92(8&)(29*()34*6(H)&:*)(%3<92(+$3<05*02(3%(+//&5:$3%9*,(@9*0(29*(*023)*(/3)/$*(&8(29*(<$+%%(3%(1)3<92(+0,(=3%31$*6(N8(29*)*(+)*(,+)?()*<3&0%(+)&.0,(29*(/)&%%(9+3)%'(293%(3%(35:)&:*)(%3<92(+$3<05*026(>&=*(-&.)(8+/*6

I0*(5+-(9+=*(2&(5&,38-(29*3)()34*(2&(+/J.3)*(:)&:*)(%3<92(+$3<05*026(I0*(5+-(0**,(2&(1.3$,(.:(29*3)(%2&/?'()+3%30<(29*3)(/9**?(@*$,'(2&()+3%*(29*3)(*-*%(2&(29*3)(%3<92%6(R&(0&2(1*(+8)+3,(&8(,./2(2+:*(+0,()+0,&5(5+2*)3+$%6(#()+3%*,(%2&/?(/+0(1*(5+,*(@329()+<%(+0,(,./2(2+:*6

S5)1;=A:)6;9:J7@73<92(H3/2.)*(3%(29*(+//&5:$3%9*,(1-(1)30<30<(29*(:)&:*)(73<92(#$3<05*02(

&0(2+)<*26(O9*)*(+)*(2@&(5+30(%3<92(:3/2.)*%6

T3<.)*(Pe6((73Y(Ih(`$&/?(b&$,

D"

?**:30<(29*(8)&02(%3<92(&0(2+)<*26(>-(530,(@3$$(0&2(9+=*(5*02+$(%:+/*(2&(/&0%3,*)()*/&3$'(29*)*8&)*(5+?30<(5*(1./?(&)(430/9(30(+023/3:+23&0(&8()*/&3$6(

+>FF>E).A7>J=A5))#82*)(29*(%9&2(3%(A)*,'(V%'#+3%&'(%&"022("%)*5E>))B*/&3$(5&=*%(5-(1+))*$(+)&.0,6(730/*(N(9+=*(+(@*$$(1.3$2(:&%323&0(+0,(5-(%$30<(3%(%0.<(+0,(30(.%*'(5-(%3<92%(%*22$*(1+/?(&0(2+)<*26(>-(1&,-(%*22$*%(1+/?(302&(32%(G+2.)+$(H&302(&8(#356(

R.)30<(293%(235*'(N(#8FF):A@)1A>:6(O93%(5*+0%(N(?**:(5-(*-*%(&:*0(,.)30<(29*(%9&2'(2+?30<(+(5*02+$(%0+:%9&2(&8(@9*)*(5-(8)&02(%3<92(@+%(@9*0(29*(%9&2(@*02(&886(>-(8)&02(%3<92(@+%(&0(2+)<*2(+2(29*(235*(&8(29*(1+0<(%&(N(@3$$(/+$$(29*(%9&2(k<&&,6k(N8'(%+-'(N(2&&?(+(5*02+$(%0+:%9&2(&8(29*(8)&02(%3<92(&88'(2+)<*2(@9*0(29*(%9&2(@*02(&88'(N(@&.$,(/+$$(32(k1+,6k(N8(N(/+$$*,(29*(%9&2(1.2(32(,3,(0&2(932(29*(2+)<*2'(32(3%(%23$$(+(<&&,(%9&26(N(@&.$,(.%*(29*(53%%(+%(+($*+)030<(&::&)2.032-(2&(5+?*(29*(0*Y2(%9&2(%.//*%%8.$6((G&(%9&2(%9&.$,(1*(@+%2*,6((

T30+$$-'(32(3%(235*(8&)(.7;==@7)*@B@:6(#82*)(29*(%9&2(@*02(k[#GU'k(N(9*$,(29*(2)3<<*)(1+/?6(730/*(32(@*02(1+0<(N()&,*(29*()*/&3$(E8&$$&@(29)&.<9F(+0,(/+$$*,(29*(%9&26(G&@(N(%$&@$-(<.3,*(29*(2)3<<*)(8&)@+),(.023$(N(8**$(32(/$3/?6(O93%(/$3/?(3%(29*(%*+)()*%*2230<6(R&(0&2()*5&=*(-&.)(A0<*)(8)&5(29*(2)3<<*)(+2(+$$(@93$*(-&.(+)*(A)30<(%9&2%6(O93%(3%(@9+2(5+?*%(<&&,(2)3<<*)(/&02)&$(@93/9(5+?*%(<&&,(+//.)+/-6

Df

1;=A:)/F;=<?@<:)N(5+?*(%.)*(5-(8)&02(%3<92(3%(30(29*(/&))*/2(:$+/*()*$+23=*(2&(5-()*+)(%3<926(N(+5(/&0%/3&.%(&8(5-(2.)?*-(0*/?(+0,(/9**?(@*$,'(5+?30<(%.)*(29*-(+)*(30(5-(/&0%3%2*02(%:&26(N(+<+30()*$+Y6

1;=A:)6;9:J7@5)N(1)30<(5-(%3<92%(&02&(5-(2+)<*26(N(,&(293%(1-(5&=30<(5-(93:%(E%@3=*$(29*(/+00&0(/+))3+<*F6(O93%(3%(+(<*0*)+$(,3)*/23&0(5&=*'(@*(@3$$(A0*(2.0*($+2*)6(N(0&@(:$+/*(29*(23:(&8(5-(2)3<<*)(A0<*)(&0(29*(2)3<<*)6(*@BG;78:>7L)68JB@5)b*)*(N(1*/&5*(/&0%/3&.%(&8(5-(1)*+2930<6(N(1)*+29*(30(+0,(@+2/9(5-(%3<92%(,3:(1*$&@(29*(2+)<*26(N(1)*+29*(&.2(+0,(@+2/9(5-(%3<92%()3%*(1+/?(.0,*)0*+29(5-(2+)<*2(E%30/*(N(+5(.%30<(+(c(&h/$&/?(9&$,F6

R.)30<(B*%:3)+2&)-(H+.%*'(N(/9*/?(5-(G+2.)+$(H&302(&8(#356(N(/$&%*(5-(*-*%6(N()*$+Y(5-(5.%/$*%6(N(1)*+29*(30'(1)*+29*(&.26(N(&:*0(5-(*-*%6(N(+%?(5-%*$8'(kV9*)*(3%(5-(8)&02(%3<92pk(eed(&8(29*(235*(32(3%(0&2(&0(2+)<*26(O93%(235*(32(3%(93<9(+0,(2&(29*($*826(>-(%.::&)2(*$1&@(3%(:$+02*,6(N2(@3$$(0&2(5&=*(,.)30<(5-(%938230<6(N(%9382(5-(93:%(+(230-(132($*826(O93%(1)30<%(5-(8)&02(%3<92(+($322$*(2&(29*()3<92(2&@+),%(29*(2+)<*26(N(%9382(5-(93:%(+($322$*(8&)@+),6(O93%(1)30<%(5-(8)&02(%3<92(,&@0(+($322$*'(5&)*(2&@+),%(29*(2+)<*26

N(/$&%*(5-(*-*%6(N()*$+Y(5-(5.%/$*%6(N(1)*+29*(30'(N(1)*+29*(&.26(N(&:*0(5-(*-*%6(N(+%?(5-%*$8'(k@9*)*(3%(5-(8)&02(2+)<*2pk(O93%(235*(N(+5((W&0X(9&)3K&02+$$-6(b&@*=*)'(5-(8)&02(%3<92(3%(/&=*)30<(29*(2+)<*26(N(+5(+3530<(2&&(93<96(N(%9382(5-(93:%(+(132(8&)@+),6(N()*:*+2(29*(:)&/*%%6

`$&%*(5-(*-*%'(B*$+Y(5-(5.%/$*%'([)*+29*(N0'([)*+29*(I.2'(I:*0(>-(L-*%6(N(+5()3<92(&0(2+)<*2(@329(5-(:)&:*)(%3<92(:3/2.)*6

#2(293%(:&302'(N(+>9JB)?L)"L@)><):A@)+7><:)1;=A:6(730/*(5-(G+2.)+$(H&302(&8(#35(3%(&0(2+)<*2'(+$$(N(9+=*(2&(,&(3%()*5+30(30(:&%323&0(+0,()*$+Y*,(+0,(N(@3$$()*5+30(&0(2+)<*26(O9*)*(3%(0&(5&)*(0**,(2&(8&/.%(&0(29*(2+)<*26(N(8&/.%(5-(*-*(&0(29*(8)&02(%3<92'(5+?30<(29*(2+)<*2(1$.))-(+0,(29*(8)&02(%3<92(1$+/?(+0,(/)3%:6

I0/*(5-(*-*(3%(8&/.%*,(&0(29*(8)&02(%3<92'(N(+>9JB)?L)%;<K)><)4@@G;<=):A@)+7><:)1;=A:)><).87=@:6(O93%(3%(@9*)*(530,(/&02)&$%(5+22*)6(N8(-&.(C0++%+(<&&,(%9&2'(32(@3$$(/&5*6(N(%+-(2&(5-%*$8'(@93$*(?**:30<(5-(8)&02(%3<92(=3%.+$$-(30(8&/.%'(k8)&02(%3<92(&0(2+)<*2'(8)&02(%3<92(&0(2+)<*2'(8)&02(%3<92(&0(2+)<*26k(I=*)(+0,(&=*)(+<+306(N(+5(/$*+)30<(5-(530,(+0,(8&/.%30<(32(&0(29*(2+%?6

V93$*(N(+5()*:*+230<'(k8)&02(%3<92(&0(2+)<*2k(2&(5-%*$8'(N(1hJ@@i@):A@).7;==@76(I0/*(5-(530,(9+%(,*/3,*,(2&(%J.**K*(29*(2)3<<*)'(32(%9&.$,(0&2(/&0230.*(2&(2930?(+1&.2(29*(+/2(&8(%J.**K30<6(V93$*(N(+5(%J.**K30<(N(/&0230.*(2&(%+-'(k8)&02(%3<92(&0(2+)<*2'(8)&02(%3<92(&0(2+)<*2'(8)&02(%3<92(&06(6k(

[#GU](N(9+=*(;.%2(A)*,(29*(%9&26(N2(%.):)3%*,(5*6(U&&,6(N(@+02(2&(1*(%.):)3%*,(1-(29*(%9&26(N8(N(+5(%.):)3%*,(32(3%(1*/+.%*(5-(530,(3%(8&/.%*,(&0(

D^

T3<.)*(DQ6(`*02*)(&8(>+%%(b&$,

L+/9(%3<92(:3/2.)*(9+%(:)+/23/+$(.%*%6(O9*(/*02*)(&8(5+%%(9&$,(3%(<*0*)+$$-(.%*,(8&)(/$&%*)(,3%2+0/*%(E.:(2&(DQQ(-+),%F6(O93%(3%(1*/+.%*(29*(2+)<*2(3%(13<(*0&.<9(2&(0&2(1*(&1%/.)*,(1-(29*(8)&02(%3<926(#$%&'(293%(9+%(+($&2(2&(,&(@329(2)+;*/2&)-(E29*(1.$$*2h%(43<92(:+29F'(@93/9(@3$$(1*(/&=*)*,($+2*)6(7/&:*%(@3$$(+$@+-%(.%*(29*(/*02*)(&8(5+%%(9&$,(%30/*(29*(/)&%%(9+3)%(5+)?(*Y+/2$-(@9*)*(29*(1.$$*2(@3$$(<&6

O9*(73Y(Ih(`$&/?(%3<92(:3/2.)*(:.2%(29*(2+)<*2(&0(2&:(&8(29*(8)&02(%3<92(:&%26(T&)(293%()*+%&0'(32(3%(&82*0(?0&@0(+%(k:.5:?30(&0(29*(:&%26k(O9*(5+30(+,=+02+<*(&8(29*(73Y(Ih(`$&/?(9&$,(3%(=3%313$32-(&8(2+)<*2%(+2(8+)(,3%2+0/*%6(V9*0(+(2+)<*2(+::*+)%(%5+$$'(32(3%(1*%2(2&(.%*(+(73Y(Ih(`$&/?(9&$,(%&(29+2(29*(2+)<*2(3%(0&2(/&=*)*,(.:(1-(29*(8)&02(%3<92(:&%26((

T&)(5&%2(B34*5-0M2-:*(%32.+23&0%'(29*(73Y(Ih(`$&/?i:.5:?30(&0(29*(:&%2(%3<92(:3/2.)*(3%(:)*8*)+1$*6(`&0%3%2*0/-(3%(?*-(2&(+//.)+/-6(I0/*(+()34*(3%(K*)&*,(E%3<92*,(30F(8&)(+(/*)2+30(%3<92(:3/2.)*'(&0*(5.%2(+$@+-%(.%*(32(8&)(,3%2+0/*%(*J.+$(2&(&)(8.)29*)(29+0(29*3)(K*)&30<(,3%2+0/*6((

T5)*@BG;78:>7L)68JB@N0(:)&:*)(:&%323&0'(-&.(@3$$(0&23/*(29+2(1)*+2930<(+88*/2%(-&.)(%3<92%6(V329(

*+/9(1)*+29'(-&.)(%3<92%(@3$$(5&=*(=*)23/+$$-6(V9*0(-&.(309+$*'(-&.)(,3+:9)+<5(:.%9*%(&88(29*(<)&.0,'()+3%30<(-&.)(%9&.$,*)(+0,($&@*)30<(-&.)(8)&02(%3<926(

DZ

V9*0(-&.(*Y9+$*'(29*(,3+:9)+<5(*5:23*%(+0,(-&.)(8)&02(%3<92()+3%*%(2&(@9*)*(32()*%2%(0+2.)+$$-6

\&.(@+02(2&(A)*(29*(%9&2(@9*0(-&.(9+=*(*Y9+$*,6(O93%(3%(8&)(%*=*)+$()*+%&0%6(T3)%2'(32(3%(+(/&0%3%2*02(:$+/*(+%(&0/*(-&.(9+=*(*Y9+$*,'(29*)*(3%(0&(5&)*(+3)(2&()+3%*(&)($&@*)(29*(8)&02(%3<926(#$%&'(9&$,30<(+0(309+$*,(1)*+29()*J.3)*%(5.%/$*6(730/*(29*(.%*(&8(5.%/$*(3%(/&02)+)-(2&(A)30<(+(<&&,(%9&2'(29*(*Y9+$*,(%2+2*(&8(1)*+29(3%(:)*8*))*,6

L&%&'0,%9#01&6%&'(%,'##&("%C0++%*5T80"(%M*&8"*+%F#01&%#-%L0$6%8,012%&'(%&(5'10T8(%&'*&%C*,%30,58,,(3%(*"+0(">

_5)+>9JB)->J7)"L@)><):A@)+7><:)1;=A:V9*0(+3530<'(29*)*(+)*(29)**(2930<%(-&.)(*-*(/+0(:&2*023+$$-(8&/.%(&06

P6(O9*(2+)<*2D6(O9*(8)&02(%3<92"6(O9*()*+)(%3<92

\&.)(*-*(/+0(&0$-(8&/.%(&0(&0*(2930<6(N2(%9&.$,(8&/.%(&0(29*(8)&02(%3<926(O9*(8)&02(%3<92(%9&.$,(+::*+)(/)3%:(+0,(/$*+)(@93$*(29*(2+)<*2(1$.))-'(+0,(29*()*+)(%3<92(9+),$-(0&23/*,6(([-(0&@(-&.)(,&(0&2(0**,(2&(%**(29*(2+)<*26((\&.(%9&.$,(9+=*(8&.0,(-&.)(GHI#(&0(2+)<*2(,.)30<(%2*:(29)**6

I0*(5.%2(8&/.%(29*3)(*-*(&0(29*(8)&02(%3<92(+%(293%(3%(@9+2(,*2*)530*%(@9*)*(29*(1.$$*2(@3$$(+/2.+$$-(*0,(.:6(O9*(%9&&2*)(3%(+3530<(29*()34*'(0&2(29*(2+)<*26(O9*)*8&)*'(8&/.%(-&.)(*-*(&0(29*(8)&02(%3<926

P5)+>9JB)->J7)%;<K)><)4@@G;<=):A@)+7><:)1;=A:)><).87=@:T3)30<(+()34*(3%()*J.3)*%(29*(+22*023&0(&8(-&.)(@9&$*(1*30<6(a3?*(-&.)(1&,-'(

-&.)(530,(9+%(+(%:*/3A/(;&16(O93%(%2*:()*J.3)*%(29+2(29*(%9&&2*)(8&/.%(29*3)(530,(&0(?**:30<(29*(8)&02(%3<92(&0(2+)<*26(O93%(5*+0%(29+2(29*(%9&&2*)(%9&.$,(2930?(&0$-(+1&.2(?**:30<(29*(8)&02(%3<92(&0(2+)<*26

V93$*(29*(8)&02(%3<92(3%(=3%.+$$-(8&/.%*,(.:&0'(29*(530,(%9&.$,()*:*+2(&=*)(+0,(&=*)(k8)&02(%3<92(&0(2+)<*2'(8)&02(%3<92(&0(2+)<*2'(8)&02(%3<92(&0(2+)<*26k(V93$*(&0*(3%(%+-30<(293%(2&(29*5%*$=*%'(29*-(%9&.$,(6(6(6

Q5).7;==@7)1hJ@@i@6(6(6(7J.**K*(29*(2)3<<*)6(O93%(,&*%(0&2(5*+0(-+0?'(;*)?(&)(*=*0(:.$$6(T3)5(%2*+,-(:)*%%.)*(%9&.$,(1*(+::$3*,(2&(29*(2)3<<*)6(N2(%9&.$,(1*(%J.**K*,(%2*+,3$-(+0,(%2)+3<92(1+/?6(I0/*(29*(%9&2(3%(A)*,'(9&$,(29*(2)3<<*)(1+/?(8&)(+(%*/&0,(&)(2@&6(#(

D!

-+0?'(;*)?'(:.$$'(&)(43/?30<(-&.)(A0<*)(&88(29*(2)3<<*)(&0/*(32(9+%(1**0(%J.**K*,(@3$$(29)&@(-&.)(%9&2%(&886

V5)+>FF>E).A7>J=A#82*)(29*(%9&2(1)*+?%'(29*(%9&&2*)(5.%2(9&$,(29*(2)3<<*)(1+/?(8&)(+(

5&5*026(O93%(+$$&@%(29*(1.$$*2(2&($*+=*(29*(1+))*$(1*8&)*(+0-(*Y2)+(5&=*5*02(+88*/2%(29*(%9&26(#$%&'(T&$$&@(O9)&.<9()*J.3)*%(-&.(2&(k)3,*(29*()*/&3$6k(O9*(:&%323&0%(2+.<92(30(293%(1&&?(+)*(1.3$2(%&(@9*0(+(%9&2(<&*%(&88'(&0*C%(1&,-(:&%323&0(@3$$(+1%&)1()*/&3$(-*2(%2+-(%&$3,6(N8(-&.)(:&%323&0(3%(1.3$2(/&))*/2$-(+0,(-&.(+)*(2).$-(A)30<(@329(-&.)(0+2.)+$(:&302(&8(+35(&0(2+)<*2'()*/&3$(@3$$(%*22$*(-&.)(%3<92%(1+/?(&0(2+)<*26(O*/903/+$$-'(%2*:%(f(+0,(e(+)*(:+)2(&8(8&$$&@(29)&.<9'(29&.<9(29*-(+)*(35:&)2+02(30,*:*0,*02(+/23&0%6

`5)#8FF):A@)1A>:T**,1+/?(3%(35:&)2+02(2&(29*(B34*5-06(I0*(%9&.$,(2+?*(+(k5*02+$(

%0+:%9&2k(&8(@9*)*(-&.)(8)&02(%3<92(@+%(@9*0(29*(%9&2(@+%(A)*,6(O93%(+$$&@%(-&.(2&(?0&@(30%2+02$-(@9*29*)(&)(0&2(-&.)(%9&2(@+%(+(9326(N8(-&.(8)&02(%3<92(@+%(&0(2+)<*2(@9*0(29*(%9&2(@*02(&88'(29*0(-&.(/+0(/+$$(29*(%9&2(k<&&,6k(N8(29*(8)&02(%3<92(@+%(0&2(&0(2+)<*2(@9*0(29*(%9&2(@*02(&88'(29*0(-&.(/+0(/+$$(29*(%9&2(k+(53%%6k(b&@*=*)'(38(-&.(/+$$*,(32(k+(53%%'k(29*0(32(3%(0&2(+(@+%2*,(%9&26(#$%&'(@+2/9(8&)(,&@0)+0<*(8**,1+/?'(%./9(+%(+(%:$+%9(30(29*(,3)26((g%*(293%(308&)5+23&0(2&(/&))*/2(-&.)(0*Y2(%9&26((

X5).7;==@7)*@B@:I0/*(29*(%9&2(@*02(&88'(-&.)(A0<*)(%9&.$,(9+=*(9*$,(29*(2)3<<*)(1+/?6(O93%(

+$$&@%(235*(8&)(29*(1.$$*2(2&($*+=*(-&.)(1+))*$(@329&.2(,3%2.)1+0/*6(#82*)(/&5:$*230<(%2*:%(^(+0,(f'(%$&@$-(<.3,*(-&.)(2)3<<*)(8&)@+),(+<+30(.023$(-&.(8**$(+(k/$3/?6k(O93%(/$3/?(3%(-&.)(%*+)()*%*2230<6(_**:(-&.)(A0<*)(&0(29*(2)3<<*)'(5+302+3030<(%$3<92(:)*%%.)*6(R&(0&2()*5&=*(-&.)(A0<*)(8)&5(29*(2)3<<*)(@93$*(-&.)(%3<92%(+)*(&0(2+)<*26

'8778:;M@)>I)+;7;<=)8)1A>:

N(%$30<(.:6(N(<*2(302&(:)&0*(:&%323&06(N(/9+51*)(+()&.0,(+0,()*5&=*(5-(%+8*2-6(N("(+*/>%%N(302*023&0+$$-(2930?(2&(5-%*$8'(k)*$+Y(5-(8&)*+)5'(5-(9+0,%'(5-(%9&.$,*)%'($=(1+/?'(5-(,3+:9)+<56k(V9*0(N(+5()*$+Y*,'(N(<&(29)&.<9(29*(G30*(72*:%(2&(T3)30<(29*(79&26(

Dc