!"#$%"&'(&)*%('*&!"+,"-.*&
&
&
&
&
/"0$%$,"12*&(-,3(&4%"-,"+&(&+5"+&$#4%$0"16(+&
4"3"&"&'$-7#$0"&(&3(+,"53"12*&'(&3(+,$-8"+&
&
&
&
9%"-,&:"0$%$,",$*-&"-'&$,+&$#4%$0",$*-+&:*3&,.(&
';-"#$0+&"-'&3(+,*3",$*-&*:&0*"+,"%&'5-(+&
!
!
!
!
!
&
&
!"#$%&'(&##)*)+
,
&<&
=2*&9"5%*&
!"#$%"&'(&)*%('*&!"+,"-.*&
&
&
&
&
/"0$%$,"12*&(-,3(&4%"-,"+&(&+5"+&$#4%$0"16(+&
4"3"&"&'$-7#$0"&(&3(+,"53"12*&'(&3(+,$-8"+&
&&
9%"-,&:"0$%$,",$*-&"-'&$,+&$#4%$0",$*-+&:*3&,.(&
';-"#$0+&"-'&3(+,*3",$*-&*:&0*"+,"%&'5-(+&
&
&
&
)(+(& "43(+(-,"'"& "*& E-+,$,5,*& '(&
F$*0$G-0$"+&'"&H-$B(3+$'"'(&'(&=2*&
9"5%*I&4"3"&"&*J,(-12*&'(&)D,5%*&'(&
K*5,*3& (#& !$G-0$"+I& -"& L3("& '(&
M0*%*8$"N&
&
O3$(-,"'*3P& 9"5%*& E-Q0$*& '(& R-(8,&
ST4(U&'(&93"'*&
&
'
'
!"#$%&'-&##)*)+
,''
=2*&9"5%*&
&
/$0."&!","%*83Q:$0"&&
&
&
&
&
!"+,"-.*I&!"#$%"&
&
/"0$%$,"12*&(-,3(&4%"-,"+&(&+5"+&
$#4%$0"16(+&4"3"&"&'$-7#$0"&(&
3(+,"53"12*&'(&3(+,$-8"+&
&
VW#(3*&'(&4Q8$-"+P&@XY&
&
&
)(+(&ZK*5,*3"'*[&C&E-+,$,5,*&'(&
F$*0$G-0$"+&'"&H-$B(3+$'"'(&'(&=2*&9"5%*N&
K(4"3,"#(-,*&'(&M0*%*8$"N&
&
&
@N&E-,(3"16(+&(-,3(&4%"-,"+&>N&
\$4T,(+(&'*&83"'$(-,(&'(&(+,3(++(&]N&
9%"-,"+CJ(31Q3$*&EN&H-$B(3+$'"'(&'(&=2*&
9"5%*N&E-+,$,5,*&'(&F$*0$G-0$"+N&
K(4"3,"#(-,*&'(&M0*%*8$"N&
&
&
!*#$++2*&^5%8"'*3"P&
&
&
93*:"N&K3"N&_$+%(-(&_"-"'(&
&
&
93*:N&K3N&/QJ$*&`N&=0"3"-*
& &
&
93*:N&K3N&S("-'3*&=N&K5"3,(& 93*:N&K3N&_%"50*&a"0."'*
&
!"#$%&'()$&*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
*
!"#$%&'()&*+,-.
.
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
!,. 3#2. O>#(-+,;>&#. 9,#+(&. ;&5$. ,;,#+4*(%$%&. %&. 1$R&#. ,. %,4+,#$%,. -$*%4B'>&. &). -&4. 5$<,#$+U#(,. *$. V,#W. X*(?&#-(+Y. &). Z,#,*+,:. O$*$%7:. ;$#$. $;#&*%&#. 1&##$)&*+$-. %&. )&+$S$*75(-&. &. %(-'4+(#. 1$'(5(+$/=,. &*+#&. ;5$*+$-2. Z$)<[). $"#$%&/,. $,-. ',5&"$-. %,. 5$<,#$+U#(,:. 3(&",. D,+,)$Y,#:. !*Y$. N&(%:. NY$*. D;$11,#%:. 3$*(&5. K$-4''(. &. 9$4#&*+. 9$)$#E4&.;&5$.',);$*>($.%4#$*+&.$E4&5&-.%($-."[5(%,-T.
!,. 0#,12. 3#2. \&*A$)(). L$(+'>(W:. ;,#. )&. #&'&<&#. &). -&4. 5$<,#7+,#(,. *$. ],>*-. ^,;W(*-. X*(?&#-(+Y. &). \$5+(),#&:. P-+$%,-. X*(%,-:. &. )&. &*-(*$#. $5"4)$-. +['*('$-. %&. -&*-,#($)&*+,.#&),+,2.
!"#$%&/,. )$(-. 4)$. ?&R. _. 3#(. &. +$)<[). $,. 0#,12. 3#2. 0$45,. `4()$#=&-. IK(F%,J. &. 3#2. a5$?($*$.K$541.;&5$-.U+()$-.-4"&-+@&-.%4#$*+&.)(*>$.E4$5(1('$/=,2.
!"#$%&/,. $. +,%,-. ,-. ;#,1&--,#&-. &. 14*'(,*7#(,-. %,. 0#,"#$)$. %&. 0U-S"#$%4$/=,. &). P',5,"($.E4&.-&.&);&*>$).;$#$.E4&.&-+&.-&A$.4).;#,"#$)$.%&.&G'&5C*'($2.!"#$%&/,.$,-. ;#,1&--,#&-. E4&. )(*(-+#$#$). %(-'(;5(*$-. 14*%$)&*+$(-. ;$#$. )(*>$. 1,#)$/=,. ',),. &'U5,"$. &. ;&-E4(-$%,#$2. !"#$%&/,. &-;&'($5)&*+&. $,. 0#,12. 3#2. `5$4',. K$'>$%,. ;&5$. ,;,#+4*(%$%&.%&.-&#.),*(+,#$.%,.'4#-,.%&.'$);,2.6*'#B?&5.,.E4$*+,.;,%&),-.$;#&*%&#. &).)&*,-.%&.bc.%($-T.
!"#$%#%&' ())(' *(#+","' (-!#(&%&($!(' *#%.(#")"/' 01$!"2&(' *#1314(51%,%' *"#' 6%.(#' *%#!('
,()!()'5#7*")/'85#%,(9"'()*(:1%4&($!(';'<3='>?1%#(441'*"#'!","'"'%*"1"'4"5+)!1:"',7#%$!('
&1$?%)' ,(.($%)' ,(' 31%5($)' ,(' :%&*"@' ;' AB41%' 0!7%#!' *"#' :"&*%#!14?%#' 1,C1%)' (' %'
(&*"45%9D"'*(4%'6%:141!%9D"'('%"'E144='F(G7($%'*(4%':"&*%$?1%'()!1&74%$!('(',13(#!1,%H'
85#%,(9"';G7(4()'G7(')"I':?73%@'6#1"'"7')"4',('#%:?%#'&('%J7,%#%&',7#%$!('"'!#%I%4?"'
,(':%&*"K')(J%'%$"!%$,"@'!#%$)*4%$!%$,"'&7,%)'"7':%##(5%$,"'%G7(4('I($,1!"'5%4D"',('
LM' 41!#")' ,(' N57%O' P,)"$' Q%):1&($!"@' P,7%#,"@' <3%4,"@' A7$1$?"@' <3=@' 0(4&"' E(#$%#,"@'
0(#51"' >")!%@' R(#I(#!' ,(' S1&%@' T?%=$N' U(44"' (' 84(-%$,#(/' 85#%,(9"' ()*(:1%4&($!(' %"'
V%I1%$"' Q(3()@' &"#%,"#' ,%' :"&7$1,%,(' ,"' U%#7JN@' G7(' &(' %J7,"7' ,(' &%$(1#%'
(-!#(&%&($!(',(,1:%,%',7#%$!('G7%)(',"1)'%$")',(':"4(!%',(',%,")/'
85#%,(9"' ;' W%$1' 0%&*%1"' (' 8$%' >#()!%$1' *(4%' %J7,%' $%' 1,($!161:%9D"' ,%)' *4%$!%)/' 8"'
0(4&"'E(#$%#,"'*(4%'%J7,%'$%'*#",79D"',%)'&7,%)'$"'313(1#"'('!%&IC&'*(4%'%J7,%'$%'
1,($!161:%9D"',%)'*4%$!%)'(&':%&*"/'85#%,(9"'%"'S(%$,#"'T%&I")1'*(4"'*#(:1")"'&%*%'
,%' N#(%' ,(' ()!7,"/' 8")' !C:$1:")' ,"' W(*%#!%&($!"' ,(' P:"4"51%@' X%74"' >C)%#' YX>Z@' *(4%'
%J7,%' $%' :"$)!#79D"' ,")' &+&1:")' ,(' )"&I#%@' (' %"' [(1)"$@' *(4%' %J7,%' $%' *()%5(&' ,%)'
&7,1$?%)'(',151!%41.%9D"',('*4%$14?%)',(',%,")/'
85#%,(9"' ;' :"&7$1,%,(' ,(' &"#%,"#()' ,"' U%#7JN@' <4?%' ,"' >%#,")"@' G7(' &(' ,(#%&' "'
%*"1"' $(:())N#1"' *%#%' G7(' (7' *7,())(' 6%.(#' &(7)' (-*(#1&($!")' *#%!1:%&($!(' $"'
\G71$!%4\' ,(' )7%)' :%)%)/' 85#%,(9"' ()*(:1%4&($!(' %"' 8&14!"$' (' P41%$(@' (' )(7)' 614?")'
]1441%$' (' 84(-@' G7(' &(' #(:(I(#%&' (&' )7%' :%)%' :"&"' *%#!(' ,%' 6%&+41%' *"#' G7%)(' ,"1)'
%$")',('31%5($)'G71$.($%1)/'8")'%&15")'G7(#1,")O'V%6N@'[7!(&I(#5@'P41.(!('('S%7#($!1$"/'
^I#15%,%'*(4"'%*"1"'G7('!",")'3":_)'&(',(#%&'*%#%'G7('!7,"',())(':(#!"'$"'!#%I%4?"@'
*(4"':%#1$?"@'*(4"'#()*(1!"@'*(4")':%7)")'('*(4%)'5%#5%4?%,%)@'G7('J7$!")'61.(#%&',()!%)'
31%5($)' 7&' *(#+","' 1$()G7(:+3(4/' QD"' *",(#1%' ()G7(:(#' ,%)' :#1%$9%)' &(' ()*(#%$,"'
3"4!%#',"':%&*"'*%#%'7&%'*%#!1,1$?%',('67!(I"4H'AN')1$!"'&71!%'6%4!%',('!7,"'1))"/'
85#%,(9"';'%,&1$1)!#%9D"',"'X%#G7('P)!%,7%4',%'<4?%',"'>%#,")"'*(4"'%*"1"',7#%$!('%'
#(%41.%9D"',"'!#%I%4?"/'
85#%,(9"';'>""#,($%9D"',('8*(#6(19"%&($!"',('X())"%4',('Q+3(4'07*(#1"#'Y>8XP0Z'*(4%'
I"4)%',(',"7!"#%,"@';'XPTF^EF80'*(4"'61$%$:1%&($!"',%'*()G71)%',(':%&*"'%!#%3C)',"'
*#"J(!"' \F(:7*(#%9D"' (' >"$)(#3%9D"' ,")' P:"))1)!(&%)' ,(' F()!1$5%)' ,"' S1!"#%4' 074' ,('
0D"'X%74"`@'('%"'>%$%,1%$'E7#(%7'6"#'<$!(#$%!1"$%4'P,7:%!1"$'Y>E<PZ@'"#5D"',"'5"3(#$"'
,"'>%$%,N'G7('&(':"$:(,(7'%'I"4)%',(',"7!"#%,"')%$,7+:?(/'X"#'61&@'%5#%,(9"'%"'*"3"'
I#%)14(1#"' G7(@' %!#%3C)' ,(' )7%)' :"$!#1I719a()' !#1I7!N#1%)@' 61$%$:1"7' &1$?%' 6"#&%9D"'
!"#$%&'
'
!"#$%&' ' ' ' ' ' ' ' ' ' ()'
*$%%+,-' ' ' ' ' ' ' ' ' ' (.'
'
/+012$3&')4'562,&7$89&':",+3'' ' ' ' ' ' ' (;'
()( *"+&,-./&0'&"+,&'12-"+-0' ' ' ' ' ' ' 34'
()5 6787'98-'12-"+-':&"&;$%$-'79+,-<'=&%-"$0870'#&';-%$2$+-.>7' ' 34' ()? 6781&+$.>7'&';-%$2$+-.>7@'0-2#7'#-0'$"+&,-./&0' ' ' ' 3A' ()B 6787'-C-2$-,'7'0-2#7'#-0'$"+&,-./&0'&'17+&"%$-$0'8&%-"$0870' ' 3A' ()D E$1F+&0&'#7'G,-#$&"+&'#&'&0+,&00&' ' ' ' ' ' (5' ()4 H&G&+-.>7'#&',&0+$"G-'%787'87#&27'#&'&0+9#7' ' ' ' (B'
()I J'+&0&' ' ' ' ' ' ' ' ' (D'
()A K$:2$7G,-;$-' ' ' ' ' ' ' ' ' (A'
'
/+012$3&'<4'=+>?3?2+2?&6'@"2A""6'03+62#'?6'>&+#2+3'7$6"#B'AC+2'A"'D6&A'+67'AC+2'
A"'6""7'2&'D6&A' ' ' ' ' ' ' ' ' <.'
5)('J:0+,-%+' ' ' ' ' ' ' ' ' 5B'
5)5'*"+,7#9%+$7"'' ' ' ' ' ' ' ' 5D'
5)?'=&+L7#0' ' ' ' ' ' ' ' ' 54'
5)B'M&092+0' ' ' ' ' ' ' ' ' ?3'
5)D'N$0%900$7"' ' ' ' ' ' ' ' ' ??'
5)4'J%O"7P2&#G&8&"+0' ' ' ' ' ' ' ' ?I'
5)I'M&;&,&"%&0' ' ' ' ' ' ' ' ' ?A'
5)A'Q9112&8&"+-,R'8-+&,$-2' ' ' ' ' ' ' D3'
'
/+012$3&'.4'EC"'?%0&,2+6>"'&F'03+62'3?F"'F&,%'&6'#0+2?+3'+##&>?+2?&6#'+3&6:'+'
#$@2,&0?>+3'>&+#2+3'7$6"':,+7?"62' ' ' ' ' ' ' ;G'
?)('J:0+,-%+' ' ' ' ' ' ' ' ' 43'
?)5'*"+,7#9%+$7"'' ' ' ' ' ' ' ' 45'
?)?'=&+L7#0' ' ' ' ' ' ' ' ' 4B'
?)B'M&092+0' ' ' ' ' ' ' ' ' 4A'
?)D'N$0%900$7"' ' ' ' ' ' ' ' ' 4S'
!"#$%&'()*+,-$.//'+0,-'1$$ $ $ $ $$ $ $ #2$ $
!"#$%&'()*+),(-.)-/%0-1-).%0-..)2-3-%)#'"4%)5"67'7%"%7(48)9/#-071-4%"')-:7;-46-.)
50(1)").&2%0(#76"')6(".%"');&4-) ) ) ) ) ) ) <=)
2"3$4566.)7$ $ $ $ $ $ $ $ $ 89$
2":$;+()*05-(,*+$$ $ $ $ $ $ $ $ 83$
2"!$<.('),.&$.+0$6'(=*01$ $ $ $ $ $ $ 82$
2"2$>'15&(1$ $ $ $ $ $ $ $$$$ $$$$$$$$$$$$$39!$
2"?$@,1-511,*+$ $ $ $ $ $ $ $ $$$$$$$$$$$$$39A$
2"A$B-C+*D&'0E'6'+(1$ $ $ $ $ $ $ $$$$$$$$$$$$$33!$
2"F$>'G')'+-'1$ $ $ $ $ $ $ $ $$$$$$$$$$$$$33!$
2"#$45//*)(,+E$,+G*)6.(,*+$ $ $ $ $ $ $$$$$$$$$$$$$3!!$
$
!"#$%&'()>+)?&0.-)#'"4%)-55-6%)7.);07:-4)2@).A";-)74)").&2%0(#76"')6(".%"');&4-B)
71#'76"%7(4.)5(0)0-.%(0"%7(4)#0"6%76-.) ) ) ) ) )))))))))))))CDE)
?"3$BH1().-($ $ $ $ $ $ $ $ $$$$$$$$$$$$$3!#)
?":$;+()*05-(,*+$$ $ $ $ $ $ $ $$$$$$$$$$$$$3!8$
?"!$<'(=*01$ $ $ $ $ $ $ $ $$$$$$$$$$$$$323$
?"2$>'15&(1$ $ $ $ $ $ $ $ $$$$$$$$$$$$$32F$
?"?$@,1-511,*+$ $ $ $ $ $ $ $ $$$$$$$$$$$$$32#$
?"A$;6/&,-.(,*+$G*)$/).-(,-'$ $ $ $ $ $ $$$$$$$$$$$$$3?:$
?"F$B-C+*D&'0E'6'+(1$ $ $ $ $ $ $ $$$$$$$$$$$$$3?!$
?"#$I,(').(5)'$-,('0$ $ $ $ $ $ $ $$$$$$$$$$$$$3?!$
?"8$45//&'6'+(.)7$6.('),.&$ $ $ $ $ $ $$$$$$$$$$$$$3AA$
$
!"#$%&'()F+)!(4.7;-0"GH-.)574"7.) ) ) ) ) ) )))))))))))))CEI)
A"3$J*+1,0').KL'1$G,+.,1$$ $ $ $ $ $ $$$$$$$$$$$$$3F3$
A":$M,H&,*E).G,.$ $ $ $ $ $ $ $ $$$$$$$$$$$$$3F#$
#$%&'(!
!
Nas últimas duas décadas, estudos empíricos têm demonstrado a importância da facilitação entre plantas, especialmente sob condições ambientais severas. Tal constatação inspirou a proposição da hipótese do gradiente de estresse (HGE), um modelo conceitual que prediz que a freqüência relativa entre facilitação e competição deve variar inversarmente ao longo de um gradiente de estresse, sendo a facilitação mais comum sob condições extremamente severas. As restingas (ou planícies costeiras arenosas) são ambientes caracterizados por condições ambientais limitantes para o desenvolvimento das plantas, característica que as tornam um ambiente propício para o predomínio de facilitação. Além disso, o gradiente de intensidade de estresse e perturbação relacionado à distância do mar faz ainda deste ambiente um modelo ideal para testar a HGE.
O objetivo geral desta tese foi estudar facilitação entre plantas de restinga através dos seguintes objetivos específicos: i) Apresentar uma revisão sistemática dos trabalhos já publicados sobre facilitação entre plantas de restinga em escala mundial, assim como investigar, através de meta-análise, que fatores influenciam a presença e intensidade da facilitação entre plantas; ii) Testar se os padrões de associação espacial entre árvores adultas isoladas e plantas de distintas formas de vida se alteram ao longo de um gradiente ambiental praia-interior, conforme esperado pela HGE; iii) Testar a HGE através de experimentos de campo envolvendo transplante da espécie potencialmente beneficiada (espécie alvo), assim como manipulação de recurso limitante ao longo do gradiente praia-interior; iv) Testar se o sombreamento é um mecanismo de facilitação na restinga. Para os testes empíricos (objetivos ii-iv), as observações e experimentos foram realizados em um gradiente de restinga arbustiva do Parque Estadual da Ilha do Cardoso (PEIC) localizado em Cananéia, São Paulo, Brasil.
vizinho foi predominantemente negativa sobre o estágio de semente, mas positiva sobre a sobrevivência das plântulas; iv) O efeito de planta-berçário entre árvores da restinga é, pelo menos parcialmente, explicado pelo sombreamento gerado pela copa da espécie facilitadora.
Dessa forma, conclui-se que a facilitação via sombreamento é uma interação relevante entre árvores adultas e jovens na restinga. Entretanto, ao contrário do previsto pela HGE, o efeito de planta-berçário tende a ser mais intenso em condições ambientais mais amenas. Estes resultados sugerem a existência de um ciclo de retroalimentação positiva gerado a partir do estabelecimento das primeiras árvores isoladas. Este ciclo positivo tem implicações importantes para a compreensão da organização estrutural da vegetação da restinga arbustiva, em que moitas de espécies lenhosas estão distribuídas em uma matriz predominantemente herbácea. Adicionalmente, a facilitação entre árvores e sua dependência em relação às condições ambientais locais devem ser mecanismos essenciais para explicar o gradiente de fisionomias vegetacionais sobre os cordões arenosos, a qual inicia-se em uma vegetação aberta e termina em uma floresta, assim como para entender a dinâmica temporal desta vegetação ao longo do tempo. Por fim, os resultados também trazem implicações práticas, relacionadas ao uso potencial de plantas-berçário e sombra artificial como técnicas de manejo para aumentar o estabelecimento de mudas transplantadas em projetos de restauração de restingas arbustivo-arbóreas.
!"##$%&'
!
In the last two decades, empirical studies have shown the importance of plant interaction, especially under harsh environmental conditions. These observations led to the proposition of the stress gradient hypothesis (SGH), a conceptual model predicting that the relative frequency of facilitation and competition will vary inversely across gradients of stress, with facilitation being the dominant interaction under highly stressful conditions. Coastal dunes (known as restinga in Brazil) are environments with limiting conditions for plant performance, which makes them suitable for facilitation predominance among plant interactions. Furthermore, there is a gradient of stress and disturbance related to the presence of the sea, making this environment an ideal model to test the SGH.
The general goal of this thesis was to study plant facilitation in coastal dunes with the following specific objectives: i) to perform a systematic review of published studies on plant facilitation in costal dunes around the world as well as to investigate, using a meta-analysis approach, factors that affect the existence and magnitude of plant facilitation; ii) to test if spatial association between isolated adult trees and understory plants of distinct life forms changes along a beach-to-inland gradient, as expected by the SGH; iii) to test the SGH through field experiments involving target species transplantation coupled with manipulation of limiting resource along a beach-to-inland gradient; iv) to test if shading is a facilitation mechanism in coastal dunes. The empirical tests (objectives ii-iv) were conducted in an open scrub coastal dune located at Ilha do Cardoso State Park, Cananéia, São Paulo, Brazil.
#$%&'()*!+!
!
!
!
!
!
!
!
!
!
!
!"!"#$%&'()*+',#'%&('#-.)%&),#
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
#
!"/"#0121#32)#-.)%&)#4'%'5676)#13&()8#9'7)%6,21,#:'#5)76.6&)*;1#
! !
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`:<! *! 9%$)'56$! ,'&a(.&*!&$()%*!2'()$!7W*1,'./)'%!V!b*44*N*A!HGGc:!'!$!*1,'()$!(*!$X.+'(*56$!-$!/$4$! -'!*,8.'()'/!*4*+*-$/!7d*&D'%!V!W'%)('//!EFF`:I!!
#$%&!'&!()*!+,,-.*!/0&'1(23'4!%05%1'&(4!&($67$!895'$!9:911'1!(&1(;74!59!1'<9129!5'!=$(! %0&'1(2>9!894%&%;(!'0&1'!=$(!8)(0&(!'!=$!&'1:'%19!91?(0%4$9*!@4&'!7!9!:(49!5'!8)(0&(4!A='! :9$8(1&%)B($!9!$'4$9!89)%0%C(591D!'!:=E9!4=:'449!5'!89)%0%C(2>9!7!894%&%;($'0&'!(<'&(59! 8')(! 819F%$%5(5'! G4! <)91'4! 5'! 9=&1(! '487:%'! HI=%))'&! '&! ()*! +,,JK! L'&'1! M! I9B0490! +,,".*! N':(0%4$94! %05%1'&94! 5'! <(:%)%&(2>9! &($67$! %0:)='$! 9! (=$'0&9! 0(! 5%4890%6%)%5(5'! 5'! 0=&1%'0&'4! 59! 49)9! 819891:%90(594! 891! '487:%'4! ;%C%0B(4! (449:%(5(4! :9$! $%:911%C(4! '! 6(:&71%(4!<%F(591(4!5'!0%&19?O0%9!H#B=$P(Q!+,,,K!;(0!5'1!R'%E5'0!M!R91&90!+,,S.*!! !
!"#"$%&'()*+,-&$)$./0+1+*/,-&2$3/14&$4/3$+5*)6/,7)3$
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
!
!"8"$%&'&$/9/1+/6$&$3/14&$4/3$+5*)6/,7)3$)$(&*)50+/+3$')0/5+3'&3:$
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
! R-;<#-/%!%!+%5*2!5*!*0'57-&'#!5#!#:%25#.*6!*L+*2'6*-/#,!4!6<'/%!6#'$!=%2/*!5%!
$%&'(!()*+*$*!,(%-!'*+-'*$./0%-!'%+%!1*-*23%+!4&!54%1+(!&%/-!$(&'6*.(!1%-!/2.*+%78*-! 54*! '(1*&! ($(++*+! *&! $(&42/1%1*-! 0*9*.%/-! %(! 6(29(! 1(! .*&'(! *! *-'%7(! :0*+! ;%66%<%=! ">>?@!!;3(6*+!*.!%6A!?##"@!B419*+-!C!D%+(2!?##EFA!
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
#$%&'(#$!)#*+,'#-$!.-/.0!%#1-!2#1)0*(-!3-$!'0/3(45#$!2('*0'1(2,.('-$!6(-!$02+*#-2#/.0! 78-/.0!%#10!#/*(78#'(2#/.0!3#!/(.*09:/(0!/0!$010;!!!
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`4%HOJ5.$'-'*!#XXSU!]*1.1*4'!%2!.6/!#X""M/!a!.-G486*!9%!%)289*)!,*$1%-%$+!-.9.! B%H! 4.')! 4.2%$'.6! 5.$.! $%B')(%)! %! )I12%)%)! 9%! 9')2'12*)! .)5%-2*)! 9.)! '12%$.7(%)! %12$%! 56.12.)3!*!?8%!%4!-*12$.5.$2'9.!5*9%$+!*$'%12.$!*!,*-*!9.)!5%)?8').)!5$'4+$'.)!%!*!5*9%$! 9%!&%1%$.6'H.7<*!9%!)8.)!-*1-68)(%)/!
!
!"#"$%&'()*+*$,-$./0,&*1)*$,*$*+)/*++*$
$%&'&(&! )**+,! -'./0! 1! 2345/&'6! )**789! /0:6;(<0! =6! 03/! >&0(?'&/! =6! @&=/! $A&/5;<3'(! 6(! /BC! )**D8!6!(/.EF.!;<5G<'.6!/0!;<5=&HI60!/E&?(&;/0!$J6'(5600!1!K/BB/L/M!"77N,!J'<<O6'!1! K/BB/4>/5!"77P,!%/60('6!6(!/BC!)**7,!Q<B.4'65!1!R;>6GG6'!)*"*8C!
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
$%&$%'()$%&*!'+!(%,-./%0(+!'+1!0*%'(23$1!+)4($%&+(1!1*45$!+1!(%&$5+23$1!$%&5$!6-+%&+1!$! 6+5+!'$,(%(5)*1!0*)!!)+(*5!0-+5$7+!*!'*)8%(*!'$!+6-(0+29*!'+!:;<=!!
!
!"#"$%&'&()*+,$-&$.&/(01')$2,3,$3,-&4,$-&$&/(5-,$
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`$! ,+&*A! &$)! 1('*! '$)*%1&5+'*! *! $,$(&*! 6*1(&(T*! '$! $16S0($1! -$%E*1+1! +'.-&+1! 1*45$! *! $1&+4$-$0()$%&*! '$! $16S0($1! &+5'(+1! $)! T$B$&+29*! '$! 6-+%80($! 0*1&$(5+! '$! '(1&(%&+1! 5$B(3$1! B$*B5?,(0+1! Ca$--)+%! L! a+'(%B! "]]FH! [E.)I+J! FGGGH! M*J! L! b*.%B!FGGFH!O+5&8%$7!FGGNQ=!!
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
!
!"#"$%$&'('$
!
!"#$%&'()*+),"-.'.%"%.(/)01%211/)#'"/%3)./)-("3%"')4&/135)26"%)21)7/(2)"/4)26"%)21)/114)%() 7/(2)
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
!
!"#$%&'() 8+) 961) .:#(;%"/-1) (<) #'"/%) '.<1) <(;:) (/) 3#"%."') "33(-."%.(/3) "'(/=) ") 3&0%;(#.-"') -("3%"')4&/1)=;"4.1/%)
$%&%! '($'&)*'+,-.! '*! /%*$-0! 1! $%&,)&! 2'..'.! &'.34,%2-.5! 6-)! $-..78'4! $4%+'9%&! -.! '($'&)*'+,-.!:3'!)+8'.,);%&%*!2'!*%+')&%!/-+/43.)8%!-!.%42-!2'!)+,'&%<='.!'+,&'!3*!$%&! 2'! '.$>/)'.! ?/%$7,34-! @A5! %..)*! /-*-! -! $-,'+/)%4! *'/%+).*-! 2'! 6%/)4),%<B-! '*! &'.,)+;%! ?/%$7,34-!CA0!
!
!"#$%&'() *+) ,(-.) -/%0-1-) .%0-..) 2-3-%) #'"4%) 5"67'7%"%7(48) 9/#-071-4%"') -:7;-46-.) 50(1) ") .&2%0(#76"')6(".%"');&4-)
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
!
!"#$%&'() <+) =&0.-) -55-6%) 7.) ;07:-4) 2>) .?";-) 74) ") .&2%0(#76"') 6(".%"') ;&4-@) 71#'76"%7(4.) 5(0) 0-.%(0"%7(4)
$%&'())*+,%! -%! &)$.*/+&%! -)! 0.$/1/2.3,%! )*2()! '1.*2.+! '%-)! 2)(! /&'1/$.34)+! '(52/$.+! '.(.!.!()$6')(.3,%!-)!5().+!-)7(.-.-.+!-)!()+2/*7.8!
!
"#$!%&'(&)*+,-&,!!
9(&.+:!;8!<!=67*./():!>8?8!@AAB8!C*2%7)*)2/$!+D/02+!/*!/*2)(.$2/%*+!%0!2E%!-%&/*.*2!+D(6F! +')$/)+!/*!.!+)&/G.(/-!$%.+2.1!+.*-!-6*)!+H+2)&8!!"#$%&'(")(*+,+-&-."%(/0.+%0+!@AI!JKJG JLM8!
N.-.*%:! O8?8:! P.&%6(GQ/)R.:! C8S8! <! >1%()+:! T8! @A""8! O&61.2/*7! *6(+)! '1.*2+! 2%! ()+2%()! %.U! 0%()+2+8!10"'",.0&'(1%,.%++$.%,!KVI!"@LLG"@L#8!
N.6&)/+2)(:! W8! <! ;.11.E.H:! S8X8! @AAM8! >.$/1/2.2/%*! FH!2.%#3( )'+4.'.3! -6(/*7! +6$$)++/%*I! .! D/)(.($DH!%0!&)$D.*/+&+!F)*)0/2+!%2D)(!'1.*2!+')$/)+8!10"'",5!#VI!"#"MG"#KA8!
N)(2*)++:!X8W8!<!;.11.E.H:!S8!"BBL8!=%+/2/R)!/*2)(.$2/%*+!/*!$%&&6*/2/)+8!6$+%73(.%(10"'",5( &%7(18"'#-."%!BI!"B"G"BK8!
N%*.*%&/:! Y8Z! ?*$)(2/:! Y8! <! X.[[%1)*/:! P8! @A""8! 9++)++/*7! %$$6(()*$):! +')$/0/$/2H:! .*-! &)$D.*/+&+! %0! '1.*2! 0.$/1/2.2/%*! /*! 2)(()+2(/.1! )$%+H+2)&+8!2'&%-( 10"'",5! @"@I! "VVVG "VBA8!
N%()*+2)/*! X8:! \)-7)+! ]8^8:! \/77/*+! T8=8_8! <! S%2D+2)/*! \8S8! @AAB8!9%-$"7#0-."%( -"( :+-&; &%&'53.38!T%D*!`/1)H!<!P%*+:!ab8!
N%EU)(:!X898:!P%1/R)()+:!P8!<!X.)+2():!>8_8!!@A"A8!;%&')2/2/%*!/*$().+)+!E/2D!.F/%2/$!+2()++! .*-!()761.2)+!2D)!-/R)(+/2H!%0!F/%1%7/$.1!+%/1!$(6+2+<(!"#$%&'(")(10"'",5(B#I!JJ"GJMA8!
N(%%U)(:! S8`8! <! ;.11.7D.*:! _8^8! "BB#8! _D)! F.1.*$)! F)2E))*! '%+/2/R)! .*-! *)7.2/R)! '1.*2! /*2)(.$2/%*+!.*-!/2+!()1.2/%*+D/'+!2%!)*R/(%*&)*2.1!7(.-/)*2+I!.!&%-)18!=.>"3(#"I!"BMG @AV8!!
N(%%U)(:!S8`8:!>8_8!X.)+2():!S8!;.11.E.H:!;8]8!]%(2/):!]898!;.R/)()+:!Y8!b6*+21)(:!=8!]/.*$%6(2:! b8! _/)1Fc(7)(:! T8X8T8! _(.R/+:! >8! 9*2D)1&):! ;8! 9(&.+:! ]8! ;%11:! O8! ;%($U)2:! P8! W)1[%*:! O8! >%()H:! d8! b/UR/-7):! T8! C1%0++%*:! >8! =67*./():! ;8]8! e6/(%[:! =8! P.$$%*):! b8! P$D/00)(+:! X8! P)/0.*:! N8! _%6[.(-:! S8! X/$D.1)28! @AA#8! >.$/1/2.2/%*! /*! '1.*2! $%&&6*/2/)+I! 2D)! '.+2:! 2D)! '()+)*2:!.*-!2D)!0626()8(!"#$%&'(")(10"'",5!BMI!"#GKL8!
N(6*%:! T8>:! P2.$D%E/$[:! T8T8! <! N)(2*)++:X8W8! @AAK8! ?*$16+/%*! %0! 0.$/1/2.2/%*! /*2%! )$%1%7/$.1! 2D)%(H8!6$+%73(.%(+0"'",5(&%7(+8"'#-."%("#I!""BG"@J8!
;.11.E.H:! S8X8! "BB@8! O00)$2! %0! +D(6F+! %*! ()$(6/2&)*2! %0!?#+$0#3( 7"#,'&3..! .*-!?#+$0#3( '"@&-&!/*!;.1/0%(*/.8!10"'",5!VKI!@""#G@"@#8!
;.11.E.H:!S8X8!"BBJ8!=%+/2/R)!/*2)(.$2/%*+!.&%*7!'1.*2+8!A"-&%.0&'(B+8.+C!M"I!KAMGKLB8!
$%&&%'%()! *+,+)! -.//01.)! *+2)! $3/&1.)! 4+)! 56076891)! :+)! ;/.<61)! $+=+)! ,6>3%&1<)! *+)! 4%/&6?6)! ;+)! 4@A?%6.1)! B+! C+)! D1'6?A3%E)! -+)! FG>313/@A)! H+I+)! F.E%G)! $+)! 560/891)! J+)! K! $//0)! -+=+! LMML+!4/G6<671!6?<1.%><6/?G!%E/?A!%&N6?1!N&%?<G!6?>.1%G1!'6<3!G<.1GG+!!"#$%&!O"PQ!ROOS ROR+!
$%&&%'%()! *+,+)! 560/891)! J+)! $36T/G376&6)! ,+! K! 531<G@.6%?6)! ;+! LMMU+! V?N%&%<%T&1! N&%?<G! N./<1><! ?16A3T/.G! W./E! A.%96?A! %?8! 6?>.1%G1! N&%?<! >/EE@?6<(! 8671.G6<(+!'()*)+,-RXQ! "RUXS"RXL+!
$%&&%'%()! *+,+! K! 2%&01.)! ;+*+! "##P+! $/EN1<6<6/?! %?8! W%>6&6<%<6/?Q! %! G(?<31<6>! %NN./%>3! </! 6?<1.%><6/?G!6?!N&%?<!>/EE@?6<61G+!'()*)+,-PRQ!"#URS"#XU+!
$%.T/?6)! ,+)! Y%?</./)! *+! K! F>/G<%)! F+! LM""+! J1%&6?A! '6<3! G>%.>1! 8%<%! </! @?81.G<%?8! 3/'! 1?76./?E1?<%&! A.%861?<G! N./N%A@&1! N.1GG@.1! G3%N1! W6?1SG>%&1! %&61?! 86G<.6T@<6/?! N%<<1.?G!/?!>/%G<%&!8@?1G+!.)$%/"*-)0-1&+&#"#2)/-3(2&/(&!LLQ!PU"SPXU+!!
$3/&1.)!4+)!,6>3%&1<)!*+!K!$%&&%'%()!*+,+!LMM"+!B%>6&6<%<6/?!%?8!>/EN1<6<6/?!/?!A.%861?<G!6?! %&N6?1!N&%?<!>/EE@?6<61G+!'()*)+,!RLQ!ZL#USZZMR+!
$&1E1?<G)!B+!H+)!21%71.)!=+!H+!K![%?G/?)![+!$+!"#L#+!4*"/#-()56#2)/+!$%.?1A61!C?G<6<@<1!/W! 2%G36?A</?)!2%G36?A</?)!J$+!
$@G3E%?)! =+[+)! 2%&&1.)! =+$+! K! [/%0)! J+*+! LM"M+! Y3.@TG! %G! 1>/G(G<1E! 1?A6?11.G! 6?! %! >/%G<%&! 8@?1Q! 6?W&@1?>1G! /?! N&%?<! N/N@&%<6/?G)! >/EE@?6<61G! %?8! 1>/G(G<1EG+! .)$%/"*- )0-1&+&#"#2)/-3(2&/(&!L"Q!RL"SRZ"+!
81!-1&&/)!B+)!!J/&19%&)!=+)!J7/.G0()!,+)!$3&@EG0\)!:+)!*13\0/7\)!5+)!5&6E1G/7\)!=+!K!5&6E1G)!;+! LM""+! $@G36/?G! /W!78,*"()96&%5$5- ("&962#)9$5! ]$%.(/N3(&&%>1%1^! 8/! ?/<! W%>6&6<%<1! /<31.!N&%?<G!@?81.!1_<.1E1!%&<6<@81!%?8!8.(!>/?86<6/?G!6?!<31!?/.<3S'1G<![6E%&%(%G+-://"*9-)0-;)#"/,!"MRQ!UXPSUPZ+!
J/.E%?)! $+B! K! -.//01.)! *+2+! LMMM+! B%>6&6<%<6/?! %?8! >/EN1<6<6/?! 6?! <31! 36A3! F.><6>Q! <31! 6EN/.<%?>1!/W!<31!1_N1.6E1?<%&!%NN./%>3+!:(#"-<&()*)+2("!LZQ!L#PSZM"+!
B&/.1G)! =+! K! =@.%8/)! H+! LMMZ+! F.1! ?@.G1SN./<`A`! 6?<1.%><6/?G! E/.1! >/EE/?! %E/?A! N&%?<G! W./E!%.68!1?76./?E1?<Ga!.)$%/"*-)0-1&+&#"#2)/-3(2&/(&!"OQ!#""S#"X+!
B.%?0G)!Y+=+!LMMZ+!$/EN1<6<671!%?8!W%>6&6<%<671!6?<1.%><6/?G!'6<36?!%?8!T1<'11?!<'/!GN1>61G! /W!>/%G<%&!8@?1!N1.1??6%&G+!="/">2"/-.)$%/"*-)0-;)#"/,!R"Q!ZZMSZZP+!
B/.1()! H+)! ;/.<61)! $+=+! K! ,6>3%&1<)! *+! LMM#+! YN%<6%&! N%<<1.?G! /W! %GG/>6%<6/?! %<! &/>%&! %?8! .1A6/?%&! G>%&1G! 6?! >/%G<%&! G%?8! 8@?1! >/EE@?6<61G+!.)$%/"*- )0- 1&+&#"#2)/- 3(2&/(&! LMQ! #"XS#LU+!!
bcE19SFN%.6>6/)! ;+! LMM#+! I31! ./&1! /W! N&%?<! 6?<1.%><6/?G! 6?! <31! .1G</.%<6/?! /W! 81A.%818! 1>/G(G<1EGQ!%!E1<%S%?%&(G6G!%>./GG!&6W1SW/.EG!%?8!1>/G(G<1EG+!.)$%/"*-)0-'()*)+,!#PQ! "LMLS"L"O+!
$%&'()*!+,-,!.!/()01(22*!3,-,!34)5647489&%7!%1:!56;2947489&%7!&412(<=(1&(2!4>!%!542909?(! 57%10!910()%&0941,!!"#$#%&'@AB!"CADE"C@D,!
$%)F2*!G,H,*!I41:90*!J,*!$=KK(77*!+,L,!.!M420()*!J,/,!"##C,!$%K90%0!%224&9%09412!4>!0)((2!%1:! 26)=K2!91!%!D#E6%!1(40)459&%7!>4)(20!5740,!(#)*+,$'#-'!"#$#%&!NOB!OP@EODO,!
$477*! G,-,! "##",! H>>(&0! 4>! 26)=K2! 41! 0)((! 2((:7918! (20%K7926F(10! 91! %1! %K%1:41(:! 0)459&%7! 5%20=)(,'(#)*+,$'#-'!"#$#%&!O#BC@OECN@,!
!$47F8)(1*! 3,! .! +&6(>>()*! 3,! "#C#,! +0)418! >%&9790%0941! 91! F97:! (1?9)41F(102B! 06(! 20)(22! 8)%:9(10!6;5406(292!)(?9290(:,!(#)*+,$'#-'!"#$#%&!ONB!C"AOEC"@D,!
$47Q%5>(7*!I,*!R9(7KS)8()*!G,*!L%)%8*!$,T,*!G98(7*!U,!.!+0()1K()8*!3,!!"##A,!T11=%7!57%10E26)=K! 910()%&09412!%7418!%1!%)9:90;!8)%:9(10,'.,/0"',+1'233$041'!"#$#%&!@B!"ANE"@O,!
$47Q%5>(7*! I,! .! 3%6%77*! /,H,! COOO,! /9:9)(&0941%7! >%&9790%0941! %1:! 910()>()(1&(! K(0V((1! 26)=K2!%1:!%11=%72!91!06(!34W%?(!:(2()0,!!"#$#%&!N#B!C@P@EC@AC,!
U4;*! -,T,! .! X4=18*! -,J,! "##",! L)4F40941! 4>! F9:E2=&&(22941%7! 2((:7918! )(&)=90F(10! %1:! (20%K7926F(10! K;!()+034*)/' 50*%0+0,+,! 91! %! &4%20%7! (1?9)41F(10,!6$,+7' !"#$#%&! CA#B! C"DECYD,!
U=977(0*! Z,*! [41Q%7(Q*! 3,T,*! L%8(*! L,T,! .! [984):*! \,-,/,! "##@,! L47791%0941! 4>! 06(! H=)45(%1! >44:E:(&(509?(! 8*,)+/740+4*,' %$#9#/,! ]^)&69:%&(%(%_B! 06(! 9F54)0%1&(! 4>! 1(&0%)E 5)4:=&918!1(986K4=)918!57%102:'6$,+7';&/74<,70"/',+1'!5#$)70#+'"ADBC"YEC"O!
G(77F%1*!3,!.!G%:918*!3,!COO",!M%&9790%0941!4>!0)((!2((:7918!(20%K7926F(10!91!%!2%1:!:=1(! 2=&(22941,!(#)*+,$'#-'=4%47,70#+';"04+"4!YB!A@OEANN,!
G9'?9:Q(*! `,*! +=Q='9*! 3,! .! /)44'()*! J,! "#CC,! aF54)0%1&(! ?()2=2! 910(1290;! 4>! (&47489&%7! (>>(&02B!V6;!&410(b0!F%00()2,!8*4+1/'0+'!"#$#%&',+1'!5#$)70#+!"AB!YNYEYNN,!
\%1(*! I,*! c)9860*! +,U,*! J41&%7*! U,! .! 3%2&6912'9*! U,! "##N,! I6%)%&0()9Q918! (1?9)41F(10%7! 8)%:9(102! %1:! 06(9)! 91>7=(1&(! 41! ?(8(0%0941! Q41%0941! 91! %! 2=K0)459&%7! &4%20%7! 2%1:! :=1(!2;20(F,!(#)+,$'#-'>#,/7,$'?4/4*"@!"PB!"CYE""P,!!
\9%1&4=)0*! L,*! I%77%V%;*! J,3,! .! 39&6%7(0*! J,! "##D,! +0)(22! 047()%1&(! %1:! &4F5(0909?(E )(25412(!%K9790;!:(0()F91(!06(!4=0&4F(!4)!K9409&!910()%&09412,!!"#$#%&!NAB!CACCECACN,!
\4)09(! I,U,! .! I=26F%1*! U,$,! "##@,! H>>(&02! 4>! %! :9)(&0941%7! %K9409&! 8)%:9(10! 41! 57%10! &4FF=190;! :;1%F9&2! %1:! 91?%2941! 91! %! &4%20%7! :=1(! 2;20(F,!(#)*+,$' #-' !"#$#%&! ODB! PANEPNC,!
3%(20)(*! M,R,*! I%77%V%;*! J,*! d%77%:%)(2*! M,! .! \4)09(*! I,U,! "##O,! J(>91918! 06(! 20)(22E8)%:9(10! 6;5406(292! >4)! &4F5(090941! %1:! >%&9790%0941! 91! 57%10! &4FF=1909(2,!(#)*+,$' #-' !"#$#%&' O@B!COOE"#D,!
3%(20)(*!M,R,!.!I4)091%*!U,!"##P,!-4!542909?(!910()%&09412!91&)(%2(!V906!%K9409&!20)(22e!T!0(20! >)4F!%!2(F9E%)9:!20(55(,!6*#"4410+%/'#-'7@4'?#&,$';#"047&'#-'A#+1#+';4*04/'.B.0#$#%0",$' ;"04+"4/!"@CB!YYCEYYY,!
$%&'()&*!+,-,.!/%00%1%)&'*!+,!2!3&45601'*!7,+,!"889,!:'!(;&!<;%5=&!6>!?0%5(@?0%5(!A5(&)%<(A65'! BA(;!%CA6(A<!'()&''!?)&1A<(%C0&D!E!F&(%@%5%04'A'!6>!>A&01!)&'G0('!&5HA)65F&5(',!!"#$%&'( ")(*+"'",-!IJK!LMN@L9L,!
$%0(&O@$6G)6*!P,*!$%&'()&*!+,-,!2!+)&A(%'!Q,!"8#8,!R6@6<<G))&5<&!?%((&)5'!%51!CA6(A<!'()&''! A5! '%51@1G5&! <6FFG5A(A&'K! (;&A)! )&0%(A65';A?! H%)A&'! BA(;! '?%(A%0! '<%0&! %51! '()&''! &'(AF%(6),(.+/&(01+"'",2+%!JSK!N8@NM,!
$%)(T5&O*!$,U,!"88J,!+%<A0A(%(A65!6>!'&&10A5=!&'(%C0A';F&5(!C4!%5!&51&FA<!';)GC!A5!()6?A<%0! <6%'(%0!'%51!1G5&',!3'&%/(*+"'",-!#SNK!JJJ@JM9,!
$%)(T5&O*!$,U,!2!V%)<T%@+)%5<6*!7,V,!"88M,!W0%5(@W0%5(!A5(&)%<(A65'!A5!<6%'(%0!1G5&',!W%=&'! "89@""8! A5! $,! U,! $%)(T5&O! %51! X,! W,! W'G(4*! &1A(6)',! 4"5/&'( 6#%157( 1+"'",-( &%6( +"%51$8&/2"%,!P?)A5=&)@/&)0%=*!Y&)0A5,!
$A<;%0&(*! 3,*! Y)66Z&)*! 3,[,*! R%HA&)&'*! U,E,*! \AZHA1O&*! ],! *! U6)(A&*! R,7,! *! WG=5%A)&*! +,! /%0A&5(&@ Y%5G&(*! :,E,! 2! R%00%B%4*! 3,$,! "88S,! ^6! CA6(A<! A5(&)%<(A65'! ';%?&! C6(;! 'A1&'! 6>! (;&! ;GF?&1@C%<Z!F61&0!6>!'?&<A&'!)A<;5&''!A5!?0%5(!<6FFG5A(A&'D!*+"'",-(91//1$5!IK!LSL@ LLJ,!
$A)A(A*! $,X,! "88S,! _5(6=&5&(A<! ';A>(! >)6F! >%<A0A(%(A65! (6! <6F?&(A(A65! A5! %! 1&'&)(! ';)GC,! !"#$%&'(")(*+"'",-!IMK!ILJ@ILI,!
W%1A00%*! +,$,! 2! WG=5%A)&*! +,! "88S,! -;&! )60&! 6>! 5G)'&! ?0%5('! A5! (;&! )&'(6)%(A65! 6>! 1&=)%1&1! &5HA)65F&5(',!:$"%/21$5(2%(*+"'",-(&%6(/;1(*%82$"%<1%/!MK!#IS@"8",!
W&55A5='*! P,R,*! P&0A=*! `,3,*! Q6G'&)*! U,-,! 2! Y&)(5&''*! $,^,! "88J,! V&6=)%?;A<! H%)A%(A65! A5! ?6'A(AH&!%51!5&=%(AH&!A5(&)%<(A65'!%F65=!'%0(!F%)';!?0%5(',!*+"'",-!NMK!#9"L@#9JN,! W&(&)*! R,:,! 2! 76;5'65*! P,^,! "88N,! $AFA<'! %51! F%=5&('K! (;&! AF?6)(%5<&! 6>! <606)! %51!
&<606=A<%0!>%<A0A(%(A65!A5!>06)%0!1&<&?(A65,!*+"'",-!NIK!#9NJ@#IN9,!
3&4! Y&5%4%'*! 7,$,*! X%H%))6*! 7,*! `'?A=%)&'*! -,*! XA<60%G*! 7,$,! 2! ]%H%0%*! $,E,! "889,! `>>&<('! 6>! %)(A>A<A%0! ';%1A5=! %51! B&&1! F6BA5=! A5! )&>6)&'(%(A65! 6>! $&1A(&))%5&%5! %C%5165&1! <)6?0%51!BA(;!<65()%'(A5=!=#1$+#5!'?&<A&',!:"$15/(*+"'",-(&%6(>&%&,1<1%/("#"K!J8"@ J#M,!
3G1=&)'*!7,E,!2!$%)65*!7,U,!a"88Jb!+%<A0A(%(A65!C&(B&&5!<6%'(%0!1G5&!';)GC'K!%!565@5A()6=&5! >AcA5=!';)GC!>%<A0A(%(&'!&'(%C0A';F&5(!6>!%!5A()6=&5@>Ac&),!02?"5!#8"K!L9@NJ,!
P%5(6)6*!3,*!7G<Z&)*!-,*!R%)C65A*!$,!2!E<6'(%*!E,-,3,!W%((&)5'!6>!?0%5(!<6FFG5A(4!%''&FC04! A5! A5H%1&1! %51! 565@A5H%1&1! <6FFG5A(A&'! %065=! %! 5%(G)%0! &5HA)65F&5(%0! =)%1A&5(,! !"#$%&'( ")( @1,1/&/2"%( A+21%+1,! WGC0A';&1! 650A5&! >A)'(K! "M! X6H&FC&)! "8##,! 16AK!#8,####de,#S9M@##8J,"8##,8#JL",c!
P<;&>>&)*!$,!"88I,!E0(&5%(AH&!'(%C0&!'(%(&',!:5K!4$2/2+&'(/$&%52/2"%5(2%(%&/#$1(&%6(5"+21/-*!??,! ##@JS,!W)A5<&5(65!f5AH&)'A(4!W)&''*!X&B!7&)'&4*!fP,!
#$%&'! ()'! *+,-.'! /)0)! 1! 2344-56#7895-5'! :)! ";;<)! =.>?4?&?@4-! >4?.&A! B?7%4%&?&-! &5--! A?>4%.C! A+5D%D?4!%.!EFF,-,!>?A&+5-A)!!"#$%&'(")(*++',-.(/0"'"12!GHI!H;J6HK")!
D?.! ,-5! :-%L,-.'! 2)M)N)! 1! :F5&F.'! O)P)! ";;Q)! #F7%?4%A$! %.! AF%4R! O8-! %$>F5&?.7-! FB! $S7F558%T?4!B+.C?4!.-&EF5UA!BF5!B?7%4%&?&%F.!%.!.?&+5?4!-7FASA&-$A)!!"#$%&'(")(/0"'"12! QVI!KKHQ6KKJ;)!
W%4AF.'!/)X)!1!#SU-A'!2)O)!KQQQ)!YA!TF.?&%F.!F.!7F?A&?4!A?.,!,+.-A!,-&-5$%.-,!>5%$?5%4S!@S! A?.,!@+5%?4!F5!A?4&!A>5?SR!N!&-A&!%.!Z-E![-?4?.,!,+.-A)!/0"'"12(3-44-$5!"I!"HH6"H<)! \?.C'!])'!P-.'!:)'!]%+'!Z)!1!W?.C'!/)!";K;)!O8-!A85+@!67"."82$4#5(4"8-%4"5&!?7&A!?A!?!.+5A-!
>4?.&! BF5! A--,4%.CA! ,%BB-5%.C! %.! A8?,-! &F4-5?.7-! %.! ,-C5?,-,! 4?.,! FB! #F+&8! (8%.?)! !"#$%&'(")(9-1-4&4,"%(:0,-%0-!"KI!"<"6"V")!
$%&'()*+!"!
!
!
!
!
!"#$%$&"&$'()*+&,++()-%"(&.)$()#'".&"%)/0(+.1),2"&),+)3(',)"(/)
,2"&),+)(++/)&')3(',
))
!"#$%"&'(&)*%('*&!"+,"-.*
/01&!.2$+,*3.(2&4*2,$(
51&6(-7"#$-&8"$,9.$:
;&<&=">%*&?-@9$*&
=2"'*
/&&
,-!./&%0(%1/2(+!3/!45+*+67%8!92:(7()(+!3/!;7+57<257%:8!=27>/0:73%3/!3/!?@+!A%)*+8!B)%!3+! C%(@+8!#",8!D0%>-,E8!FGGFHIJFF8!?@+!A%)*+8!;0%:7*K!"-!./&%0(1/2(!+L!;7+*+6M8!N+0O! =27>/0:7(M8!EPFF!Q//*/!?(0//(8!C#R!,A#8!D+0+2(+8!$%2%3%K!#-!./&%0(1/2(!+L!4%0(S!%23!
A*%2/(%0M!?57/25/:8!R+S2:!T+&O72:!=27>/0:7(M8!#"P!U*72!T%**8!#EFF!V-!$S%0*/:! ?(0//(8!;%*(71+0/8!C%0M*%23!",",H8!=?W-!
!
X$+00/:&+23726!%)(S+0-!4I1%7*Y!5(5%:(%2S+Z61%7*-5+1K!D/*!%23![%\Y!FGG,,!#FJ,HFJ]! !
!
!"#$%&'()*+(!
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
!
!"!#$%&'()*+&,(%#
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
$%&'()! &*+! )(*,'-+*! ./%%! 0&1+! &! -*+&(! /2$,*(&'3+! 4,*! &! 5+((+*! 6'7+*)(&'7/'-! ,4! (0+! ,*-&'/8&(/,'! &'7! 79'&2/3)! ,4! (0+! 3,)(&%! 76'+):! ;,*+,1+*<! /(! 2/-0(! 5+! ,4! -*+&(! 1&%6+! 4,*! $*&3(/3+)!,4!*+)(,*&(/,'!,4!7+-*&7+7!&*+&)!/'!.0/30!*+2&/'/'-!1+-+(&(/,'!3,6%7!5+!6)+7!(,! &33+%+*&(+!(0+!*+3,1+*9!$*,3+)):!
! =0+! &71&'3+! ,4! )3/+'3+! (&>+)! $%&3+! ',*2&%%9! /'! (.,! 7/44+*+'(! .&9)?! (0*,6-0! $*/2&*9! *+)+&*30! )(67/+)<! .0/30! /)! (0+! 2,)(! 3,22,'! 2+(0,7@! &'7! (0,6-0! *+)+&*30! )9'(0+)/)<!.0+*+!(0+!*+)6%()!4*,2!&!)+(!,4!$*/2&*9!*+)+&*30!&*+!+1&%6&(+7!/'!(+*2)!,4!(0+! )&2+! 09$,(0+)/)! AB,)+'5+*-! +(! &%:! "CCCD:! ! E%(0,6-0! %+))! )(67/+7! (0&'! ,(0+*! )9)(+2)<! .+! &%*+&79!0&1+!+',6-0!)+(!,4!$65%/)0+7!)(67/+)!,'!$%&'(!4&3/%/(&(/,'!/'!3,&)(&%!76'+)<!.0/30! 2&>+)! (0/)! 2,2+'(! &! -,,7! ,'+! 4,*! &! )9'(0+)/):! F,*! (0&(! $6*$,)+<! )9)(+2&(/3! *+1/+.)! 3,25/'+7!./(0!2+(&G&'&%9)/)!*+$*+)+'(!&!$,.+*!&'7!,5H+3(/1+!&$$*,&30!6)+7!(,!3,25/'+! *+)6%()! 4*,2! 7/44+*+'(! )(67/+)! /'! ,*7+*! (,! 0/-0%/-0(! -&$)! &'7! *+&30! -+'+*&%! 3,'3%6)/,')! AI6*+1/(30! &'7! J+7-+)! "CCKD:! E%(0,6-0! '&**&(/1+! *+1/+.)<! &)! 7,'+! 59! ;&*(L'+8! &'7! I&*3L&GF*&'3,! A"CCMD<! &*+! 6)+46%! &)! )622&*/+)! ,4! (0+! >',.%+7-+! ./(0/'! &! 7/)3/$%/'+<! &! N6&'(/(&(/1+! &'7! 7/*+3(! 3,2$&*/),'! ,4! +44+3(! )/8+)! 5+(.++'! )(67/+)! 1/&! 2+(&G&'&%9)/)! $*,1/7+)!(0+!)&2+!N6&'(/(&(/1+!*/-,*!&)!$*/2&*9!)(67/+)!AO)+'5+*-!+(!&%:!KPPPD:!!
! Q'! (0/)! )(679! .+! 6)+7! 4,*2&%! )9)(+2&(/3! *+1/+.! &'7! 2+(&G&'&%9)+)! (,! 0/-0%/-0(! -&$)! /'! (0+! $%&'(! 4&3/%/(&(/,'! *+)+&*30! /'! 3,&)(&%! 76'+)<! &'7! &%),! (,! +)(/2&(+! (0+! &1+*&-+! 2&-'/(67+! ,4! 4&3/%/(&(/,'! 5+(.++'! $%&'()! /'! 3,&)(&%! 76'+)! &'7! +R&2/'+! $,(+'(/&%%9! 3&6)&(/1+!7/44+*+'3+)!/'!(0+!/'(+*&3(/,'!2&-'/(67+:!
!
"#$!%&'()*+! !"#"$%&'('%)*++,)(-*.%
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
$%&'! ()°*! +,-'.! $%/! 0/120$/3! 4&$-$+3/,5! 6&,/3! 2'! $%/! ,-$/! 427&4-8&$-2'! 1029-3/3! :;! /&7%! ,$+3;<! =/! +,/3! 0/>2$/! ,/',-'.! $/7%'-?+/,! $2! 0/7203! -'@20>&$-2'! &:2+$! $%/! >/&'! &''+&4! 10/7-1-$&$-2'! ABCD*! &'3! $%/! '20>&4-8/3! 3-@@/0/'7/! 9/./$&$-2'! -'3/E! AFGHI*<! &! ,+002.&$/! @20!14&'$!:-2>&,,5!J2!/,$->&$/!$%/!BCD!@20!/&7%!,$+3;!,-$/!=/!+,/3!$%/!K42:&4!L&'3!G&$&! C,,->-4&$-2'! M;,$/>! AKLGCM*<! =%-7%! -,! &! .42:&4<! %-.%N0/,24+$-2'<! $/00/,$0-&4! >23/44-'.! ,;,$/>! $%&$! -'720120&$/,! ,&$/44-$/N! &'3! .02+'3N:&,/3! 2:,/09&$-2',! -'! 203/0! $2! 1023+7/! 21$->&4!@-/43,!2@!4&'3!,+0@&7/!,$&$/,!&'3!@4+E/,!-'!'/&0O0/&4!$->/!AP23/44!/$!&45!"QQR*5!S20! FGHI! 7&47+4&$-2'<! =/! +,/3! $=2! T-'3,! 2@! ->&./,! =-$%! 3-@@/0/'$! 0/,24+$-2',U! &,$/0! ->&./,! =-$%! )(! >! 0/,24+$-2'<! =%-7%! 1029-3/3! &! 427&4! /,$->&$/! 2@! :-2>&,,! 9/./$&$-2'V! &'3! >23-,! ->&./,! =-$%! "(QN(QQ! >! 0/,24+$-2'<! =%-7%<! 2'! $%/! 2$%/0! %&'3<! 1029-3/3! &! >20/! 0/.-2'&4! /,$->&$-2'5!S20!$%/!FGHI!:&,/3!2'!&,$/0!->&./,<!%/0/&@$/0!7&44/3!427&4!FGHI<!=/!+,/3!$%/! 72203-'&$/,! &'3! 3/,70-1$-2'! 2@! $%/! ,-$/! AP/,/09/<! F&$-2'&4! D&0T<! /$7*! &'3! 427&4! 9/./$&$-2'! 1029-3/3! :;! /&7%! ,$+3;! -'! 203/0! $2! 427&4-8/! $%/! ,$+3;! ,-$/! -'! $%/! ->&./! &,! 10/7-,/4;! &,! 12,,-:4/5!C@$/0!$%&$<!=/!,/4/7$/3<!&>2'.!$%/!&,$/0!->&./,!&9&-4&:4/!@20!/&7%!,-$/<!2'/!=-$%! 4/,,!742+3,!&'3!=%-7%!=&,!$&T/'!&02+'3!$%/!1/0-23!-'!=%-7%!$%/!,$+3;!=&,!32'/5!W'!$%/! 2$%/0! %&'3<! @20! FGHI! :&,/3! 2'! >23-,! ->&./,! A%/0/&@$/0! 7&44/3! 0/.-2'&4! FGHI*<! $%/! FGHI! =&,! 7&47+4&$/3! @02>! >/',&4! ->&./,! $22T! @02>! "QQ)! $2! "QQX5! I'! 203/0! $2! ,;'$%/,-8/! $%-,! -'@20>&$-2'!@20!/&7%!,-$/<!$%/!>/',&4!FGHI!=&,!,+>>/3!@20!/&7%!;/&0!$2!@-'&44;!7&47+4&$/! $%/!>/&'!&''+&4!FGHI5!C44!FGHI!7&47+4&$-2'!=&,!32'/!+,-'.!$%/!,2@$=&0/!YPGCM!IBCKIFY5!! !
"#$#"!%&'(!)*(+,-.-!
$%&!'()'*&+,-./(!*+-)+-0!$%&!-1(!%$-+'$2!2*3!*&&4!'$-.*!52%56700!8*'!,$-(3*'.,$2!'(4)*%4(4! 54+'/./$29!*,,+''(%,(!$%&!4((&!(:('3(%,(0;!
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
