!"
!
!
!
!
!
!
!
!
!
!
!
!
!
!
!
"#$%&!'($)#$&!
!
'*+,-./!!"#$%&'($&)*+",$&-+%."$'/)0$1)2$&'34)0$1)0$5',$3! 0..123)&2.134/!#$%&'(&)*"+$),$'-".*/01)2&*"3$(&45-"+*)/$%".56$'" 52#67.!819:#$&/!#/),*785"./&'",$"+5%&)*! ;34#<)/!9*0($)"+/04$&0*" 52#67./!:)&;$0'&,*,$",$"<;50*" =.$&-/"<;50*" >?@A/"=>?@=?=@!A@BCD!@=" ;&+&/!,$E$(F05"!ACG!!
G"
!
!
!
!
!
!
B)2#$3!
!
>)+1.2,67.CCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCC! D! EC!F!+1&G&-%.!3H!1323!3!.!$.HG&+3!I!J#.-K)$#&!2.H(4+#$&CCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCC! EL! MC!0.)4+1,67.!2.!$.)%3$#H3)+.!3H!3):31H&<3H/!;,&4!N314N3$+#J&4CCCCCCCCCCCCCCCCCCCCCCCCCCCCCC! MD! LC! 0.)%3$#H3)+.! 3H! 3):31H&<3H/! 13N1343)+&6O34! 4.$#! $.)4+1,*2&4! N.1! 34+,2&)+34! 23!:.1H&67.!#)#$#&-CCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCC! ! LP! QC!R1.$344.4!3!H.23-.4!23!1&$#.$*)#.!)&!+.H&2&!23!23$#47./!!0.)+1#G,+.4!$.)$3N+,!3! #)+311.<&6O34!CCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCC! ! QD! !!"#$%&'()*("+,"+,$)-$"$".&(/0+(+$"+,1"2&0+(+,1"+$"1(3+$CCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCC! SQ! DC!R&1+.!N.1!$34&1#&)&/!?&-J&67.!3T.,!$.):.1H#2&23UCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCC! VW! SC!X!13-&67.!+31&NK,+#$&!$.H.!!"#$%&'(&#)*'"'%+!YR314N3$+#J&!23!R&,-!Z#$.3,1[CCCCCCCCCCCCCC! EEP! VC!0,#2&2.134!#):.1H/!\,3H!],31!.,!],3H!N.23UCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCC! ELL! WC!54N#1#+,&-#2&23!3H!3):31H&<3HCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCC! E^E! EPC!F!2#&<)_4+#$.!23!3):31H&<3H!&)<`4+#&!34N#1#+,&-CCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCC!! EDS! ! ! ! !CHC"
WC!54N#1#+,&-#2&23!3H!5):31H&<3H
"F%>%& ,"-)(.& 2".9"-"+& ,(-'(+) ;) 0$-'%,'&$",+) :$) !"#$%&'($&) :') <"8=$%38:':$)))))
:$)>=+%')
,"0@"0*'"& ,"0*"& '"& <*.7"& G*(*0") ?) Q"3,8,D,+) :'3) *8O"B8'3) :') T'k:$) :') <"8=$%38:':$))
*',G78B')Y+%,D(D$3')) !
X!;#H3)47.!54N#1#+,&-!2.!?31!n,H&).!
c$%5"60a60&5"25)2$&45",$"'*Y,$-"6$%*"5F'$0;*785"K/$"L*E$(5'",*"0$*%&,*,$"K/$")5'" 05,$&*"$"*&),*"6$%*'"0$L$01)2&*'"K/$"5"c%*)5"d*2&5)*%",$"T*Y,$"c504/N/1'"%[$"*40&F/&-" ]/'4&L&2*@'$" K/$" *" ,&($)'85" $'6&0&4/*%" ,5" '$0" [/(*)5" '$" 40*)'L50($" )/(*" P0$*" ,$" 2/&,*,5'",$"'*Y,$"*"*605L/),*0"6*0*"65,$0(5'"25)40&F/&0"6*0*"K/$"*";&'85"[5%\'4&2*" ,5" '$0" [/(*)5-" K/$" 60$''/6M$" /(*" *''&'41)2&*" &)4$N0*%-" 25)'&,$0$" '/L&2&$)4$($)4$" 5'"2/&,*,5'"60$'4*,5'"4$),5"$("25)4*"*",&($)'85"$'6&0&4/*%",$"45,*'"*'"6$''5*'"K/$" 0$2500$("*5'",&;$0'5'")\;$&'",5'"'$0;&75'",$"'*Y,$W"
l/*),5" 0$L%$4&(5'" '5F0$" *'" K/$'4M$'" 0$%*2&5)*,*'" 25(" *" 6$''5*" )*" '/*" 454*%&,*,$" L*2&%($)4$"'5(5'"%$;*,5'"*"6$)'*0")*"60a60&*";&,*-")*";&,*"[/(*)*W"X";&,*"[/(*)*" `-"$("60&($&0*"&)'4i)2&*-";&,*"&),&;&,/*%"$"'$N/),5"j5]*'"Q!AAHR"*"*)P%&'$",*"($'(*" 65,$0P"'$0"L$&4*"$(",/*'";$04$)4$'"60&(50,&*&'-"/(*"'/6$0L&2&*%"$"5/40*"605L/),*W"X" ;$04$)4$" '/6$0L&2&*%" 0$L%$4$" *" ;&,*" 6*0*" 5" $Z4$0&50-" *" &(*N$(" K/$" (5'40*(5'" *5'""" 5/405'"5/"'$]*"*K/&%5"K/$"(5'40*(5'"*"6*04&0",5'")5''5'"25(6504*($)45'W"X";$04$)@ 4$" 605L/),*" `" *K/&%5" K/$" '5(5'" &)4$0&50($)4$-" *" 6*04$" ($)5'" *2$''\;$%" ,$" )a'"" ($'(5'" 650" &''5" *" (*&'" *40*$)4$-" 5),$" '$" ,$'6$04*" *" 2/0&5'&,*,$" $" 5" ,$'$]5" ,$"""" 6$)$40*0")*"'/*"25(6%$Z&,*,$-")/(*"4$)4*4&;*",$"$)25)40*0"/(*"$'6`2&$",$"La0(/%*" K/$")5'"*]/,$"*";&;$0"($%[50W"" X"$'6&0&4/*%&,*,$"25(5",&($)'85",$";&,*",5"'$0"[/(*)5"6$02500$"$'4*'",/*'";$04$)@ 4$'"K/$"S)0&K/$"j5]*'")5'"0$L$0$-")*";$04$)4$"605L/),*"0$($4$@)5'"6*0*"5"L*245",$" 65,$0(5'")a'"60a60&5'"0$25)[$2$0"5"'$)4&,5"K/$"$)25)40*(5'"6*0*"*")5''*";&,*-")*" ;$04$)4$"'/6$0L&2&*%"0$($4$@)5'"6*0*"25(6504*($)45'"K/$"(*)&L$'4*(5'"$("6YF%&25" 5/"$("60&;*,5"$"K/$"2*0*4$0&E*("/(*";&;1)2&*"60a60&*"$"&),&;&,/*%",$'4*",&($)'85" ,*";&,*W"
CH!" c$)'*(5'"K/$"*",&($)'85"$'6&0&4/*%",5"'$0"[/(*)5"4*(F`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b" 6$0N/)4*" (&%$)*0" ,5" '$)4&,5" 6*0*" *" ;&,*n" l/*%" `" 5" '$)4&,5",*"(&)[*";&,*v""
c*0*"h&J450"#0*)J%-")/(*"5F0*"*N50*"6/F%&2*,*"$("6504/N/1'"$("!AC!"K/$"'$"0$L$0$" *5"4$Z45"6/F%&2*,5"50&N&)*%($)4$"$("*%$(85"$("C=BD-"0$L$0$"K/$"5"K/$"&(6504*")85" `"5"'$)4&,5",*";&,*"$("N$0*%-"(*'"*)4$'"5"'$)4&,5"$'6$2\L&25",*";&,*"6*0*"/(*"6$''5*" )/(",*,5"(5($)45W"d85"'$"65,$"6052/0*0"5"'$)4&,5"*F'40*45",*";&,*"650K/$"2*,*" /(" 4$(" *" '/*" ;52*785" $" (&''85" $'6$2\L&2*" )*" ;&,*-" 6*0*" %$;*0" *" 2*F5" /(*" 4*0$L*""" 25)20$4*"K/$"60$4$),$"25)20$4&E*0"$")$''$"25)4$Z45")85"65,$"'$0"'/F'4&4/\,5-")$("*" '/*";&,*"65,$"'$0"0$6$4&,*"650"5/405W"X"4*0$L*",$"2*,*"6$''5*"`"485"Y)&2*"K/*)45"5"`" *"'/*"56504/)&,*,$"$'6$2\L&2*"6*0*"*"25)20$4&E*0W" I"*/450"K/$"*2*F*(5'",$"0$L$0&0"25)'&,$0*"K/$"$("Y%4&(*"&)'4i)2&*-"5"q5($(")85" ,$;$0&*"6$0N/)4*0"K/*%"5"'$)4&,5",*";&,*-"(*'"*)4$'"0$25)[$2$0"K/$"`"$%$"K/$("'$";1" &)4$06$%*,5"$"b";&,*"2*,*"/("65,$"*6$)*'"0$'65),$0"'$),5"0$'65)'P;$%-"6$%5"K/$"*" 0$'65)'*F&%&E*785"`"*"60a60&*"$''1)2&*",*"$Z&'41)2&*"[/(*)*W" h&J450"#0*)J%"*5",$2%*0*0"K/$"5"'$0"[/(*)5"`"0$'65)'P;$%"4$),5"K/$"450)*0"$L$4&;5"5" '$)4&,5" 654$)2&*%" ,*" '/*" ;&*-" K/$0" '/F%&)[*0" K/$" 5" ;$0,*,$&05" '$)4&,5" ,*" ;&,*" 4$(" K/$" '$0" ,$'25F$045" )5" (/),5" $" )85" ,$)405" ,5'" [5($)'" $" ,*" '/*" 6'&K/$-" 25(5" '$" L5''$" /(" '&'4$(*" L$2[*,5" $" 2[*(*" *" $'4*" 2*0*24$0\'4&2*" 25)'4&4/4&;*" *" e*/4540*)'@ 2$),1)2&*",*"$Z&'41)2&*"[/(*)*fW"
9[$'45;"QC=DAR"25)'&,$0*"K/$")&)N/`("'*F$"'$"*";&,*")85"`"*"(504$"5/"'$"*"(504$" )85"'$0P"*";&,*W"V$',$"*"(*&'"0$(54*"*)4&N/&,*,$"K/$"5'"(*&'"'PF&5'"[5($)'";&;$(" )$'4*" $)&N(P4&2*" &N)50i)2&*W" X20$'2$)4*" 9[$'45;-" 'a" `" [5($(" K/$(" '*F$" 5" K/$""" '$]*("*";&,*"$"*"(504$"$"*K/$%$"K/$-",$"K/*),5"$("K/*),5"($'(5"650"/("&)'4*)4$-" ,$&Z*",$"*60$$),$0"5"%&(&4$"K/$"'$6*0*"*";&,*"$"*"(504$-",$&Z*",$"'$0"/("[5($("$" 450)*@'$"$("K/*%K/$0"25&'*"K/$",$'25)[$2$(5'W""
CHG" j&2[*0," O*x%50" QC=>AR" $(" *6*0$)4$" 25)40*,&785" 25(" h&J450" #0*)J%-" ,$L$),$" K/$" 5" '$)4&,5",*";&,*")85"65,$"'$0"$)25)40*,5")5"/)&;$0'5-"650K/$"'$"*''&("L5''$"65,\*@ (5'"25)'&,$0*0"K/$"*";&,*"'$0&*-"650"*''&(",&E$0-"5F]$4&;*($)4$",$'605;&,*",$"'$)4&@ ,5W"T$0P"$)485"&(6504*)4$",$'%52*0(5'"*")5''*"6052/0*",$"'$)4&,5"6*0*"5"&)4$0&50",$" )a'"60a60&5'W"I"4&65",$"'$)4&,5",*";&,*"K/$"&(6504*"4$0"$("25)'&,$0*785"`"/("'$)4&@ ,5"6*0*")a'W"X";&,*"'a"4$("'$)4&,5"'$"6/,$0(5'",$'$);5%;$0"$"6*04&2&6*0"$("*4&;&,*@ ,$'"K/$"*2[*(5'"'$0$("'&N)&L&2*4&;*'W"
h&J450" #0*)J%" Q!AC!R" )*" 5F0*" K/$" 0$L$0&(5'" *)4$0&50($)4$" 4*(F`(" ,$L$),$" K/$""" 65,$(5'",$'25F0&0"5"'$)4&,5",*";&,*",$"401'"L50(*'",&L$0$)4$'n"2&0*),5"/(*"5F0*"5/" 60*4&2*),5" /(*" L*7*)[*-" ;&;$),5" /(*" $Z6$0&1)2&*" 5/" $)25)40*),5" *%N/`(" $" 650" &)4$0(`,&5",*"*4&4/,$"K/$"*''/(&(5'"*)4$"/("'5L0&($)45"&)$;&4P;$%W" O*(F`("6*0*"*"L&%5'5L&*"5"'$)4&,5",*";&,*"`"/("*''/)45"2$)40*%W"c*0*"V/0*)4"QC==DR"*" ;&,*"4$("/("'&N)&L&2*,5-"25)4/,5"N0*),$"6*04$",*'")5''*'";&,*'"`",$'4&4/\,*",$"'&N)&@ L&2*,5-"%/4*(5'"25("5"2*5'"K/$")5'"2$02*"$"K/$"$'4P",$)405",$")a'-"(*'"*20$,&4*(5'" $Z&'4&0"5"4$(65"45,5"*%N5";&4*%"$"&(6504*)4$"$(")a'W"l/$0$(5'"25(60$$),$0"K/$"*" ;&,*"6*0*")a'"'&N)&L&2*"4$)4*0"40*)'L50(*0"$("%/E"$"2[*(*-"4/,5"*K/&%5"K/$"'5(5'"5/" 25("K/$")5'",$6*0*(5'W""
O&%%&2[" QC=>DR" &)L%/$)2&*,5" 6$%*" L&%5'5L&*" ,$" y&$0J$N**0,-" ,$L$),$" K/$" ;&;$(5'" $(" *)NY'4&*" $" ,$'$'6$05-" ;&;$(5'" $(" *)NY'4&*" 650K/$" '5(5'" L&)&45'" $" $(" ,$'$'6$05" 650K/$";&;$(5'"$''*"*)NY'4&*")/("*(F&$)4$",$"'5%&,85W""
I"L*245",$"25)'&,$0*0(5'"*"(504$"&)$;&4P;$%-"6*0$2$"(/&4*'";$E$'"450)*0"*"K/$'485" ,5"'$)4&,5",*";&,*"605F%$(P4&2*-"(*'")85"`"aF;&5"K/$"*"&(504*%&,*,$"65''*"L*E$0"*" ,&L$0$)7*" $)40$" 5" '$)4&,5" ,*" ;&,*" $" *" '/*" */'1)2&*W" T$" *" ;&,*" 4$(" '$)4&,5-" )85" 5""" 6$0,$"'a"650K/$"'5(5'"(504*&'"5/"($'(5"'$")85"4$("'$)4&,5-")85"5";*&"N*)[*0"6$%5" L*245",$"K/$"6/,`''$(5'"'$0"&(504*&'W""
+5/0*"Q!ACCR"0$L$0$@)5'"K/$-"*5"6$02500$0@'$"*"[&'4a0&*",*"L&%5'5L&*"65,$(5'";$0&L&@ 2*0" K/$" L50*(" (/&45'" 5'" L&%a'5L5'" K/$" '$" ,$,&2*0*(" *'" 0$L%$ZM$'" '5F0$" *" ;&,*" $"""" (504$-" ,$',$" 5'" N0$N5'" 2%P''&25'-" 25(5" c%*485" $" X0&'4a4$%$'-" *4`" *5'" 25)4$(650i@ )$5'-"T*04$-"q$&,$NN$0-".`;&)*'"$"5/405'-"'$),5"K/$"5"605F%$(*",*"(504$"'$"(5,&L&@ 25/" 0*,&2*%($)4$-" 6*''*),5" ,$" /(" 605F%$(*" *)*%&'*,5" 5F]$4&;*($)4$" *" /(" ,0*(*" ;&;&,5"&)4$0&50($)4$W"
CHB" :(*";&,*"65,$0P"'$0"(*&'"5/"($)5'"%5)N*-"5"K/$"6$0(&4&0P"0$*%&E*0"(*&'"5/"($)5'" L&)*%&,*,$'"25(";*%50-"(*'",*K/&")85"'$"&)L$0$"K/$"'a"/(*";&,*"&(504*%"4$("'$)4&,5"$" K/$"*"(504$-"'a"650"'&-")85"0$4&0*"5"'$)4&,5"b";&,*W"X"(504$")*"6$0'6$4&;*",$"S6&2/05" )85"`"6*0*")a'-"(54&;5",$"60$52/6*785-"/(*";$E"K/$",$L$),$"K/$"e')&+%,$4)+)&'83) ',$%%+%81':+%):+3)&'7$34)"':')P)-'%')"G34):':+)HD$)$"HD'",+)$^83,8&+3)')&+%,$)"I+) $3,]) B+""+3B+\) &'34) HD'":+) ') &+%,$) BA$('4) "G3) "I+) $^83,8&+3R) L) &+%,$) "I+) :81)))) %$3-$8,+)"$&)'+3)=8=+3)"$&)'+3)&+%,+34)-+83)-'%')+3)-%8&$8%+3)"':')P4)$)+3)3$(D":+3) [])"':')3I+f"QS6&2/0/'-"*'%,')')9$"$B$D4)6WC!HRW" T$N/),5"o5%L"Q!ACCR"/(*";&,*"25("'$)4&,5"4$("K/$"'*4&'L*E$0",5&'"20&4`0&5'"*,$K/*@ ,*($)4$"&)4$0%&N*,5'W"S("60&($&05"%/N*0"`")$2$''P0&5"$Z&'4&0"/(*"$)40$N*"*4&;*"$"$(" '$N/),5"%/N*0"/(*"$)40$N*"*"605]$45'",$";*%50W":(*";&,*"`",$'4&4/\,*",$"'$)4&,5"'$"`" ,$'4&4/\,*",$"$)40$N*"*"25&'*"*%N/(*W"c5,$",&E$0@'$"K/$"*";&,*",$"/(*"6$''5*"*F50@ 0$2&,*"5/"*%[$*,*",5"K/$"6*''*"*"(*&50"6*04$",*";&,*"*"L*E$0"`",$'4&4/\,*",$"'$)4&,5-" (/&45" $(F50*" 65''*" $'4*0" *" $Z$2/4*0" L/)7M$'" ,$" ;*%50W" O*(F`(" *%N/`(" K/$" '$"""" $)40$N*"*4&;*($)4$")*";&,*"65,$";&;$0"/(*";&,*",$'4&4/\,*",$"'$)4&,5-"'$"5'"5F]$45'" ,*"'/*"$)40$N*"L50$("454*%($)4$",$'4&4/\,5'",$";*%50W" X"6$0N/)4*"ŒK/*%"`"5"'$)4&,5",*";&,*v•"*65)4*"6*0*"*")$2$''&,*,$",*"25(60$$)'85" 605L/),*"$"/)&;$0'*%",5"'$)4&,5",*")5''*"$Z&'41)2&*W" 9*0;*%[5"Q!AA?R",$L$),$"K/$"25)[$2$0@'$"*"'&"($'(5"25)'&'4$"$("6$)'*0@'$")85"(*&'" 25(5" &),&;\,/5-" (*'" 25(5" 6$)'*($)45" ,*" 454*%&,*,$" 6*0*" '$" 450)*0" e&)4$%$245f" K/$" 25)'&'4$"$("*4&)N&0"/("$'4*,5",$"6$0L$&4*"40*)'6*01)2&*")*"0$%*785"25)'&N5"60a60&5-"$%&@ (&)*),5"60$2&'*($)4$"5"*'6$45"&),&;&,/*%",5"$/-"%&N*,5"*"/(*"*%(*"$"*"/("25065-"6*0*" *6$)*'",$&Z*0"'/F'&'4&0"*"&)4$0&50&,*,$"6/0*",5"6$)'*($)45"$("'&"($'(5W" V$L$),$"T/'*)"o5%L"Q!ACCR"K/$"&),*N*0"'5F0$"5"'$)4&,5",*";&,*"`"25(5"$);5%;$0(5@ )5'" )/(*" F/'2*" $(" K/$-" 'a" $'4*(5'" 2$045'" ,*K/&%5" K/$" 6052/0*(5'" K/*),5" 5""""" $)25)40*(5'W"c*0$2$"K/$"o5%L")5'"*65)4*"*K/&"/("6$02/0'5"K/$"`"*"(54&;*785"6*0*" *"6052/0*",5"60a60&5"'$)4&,5",*";&,*W" X"K/$'485",5"'$)4&,5",*";&,*"`"25%52*,*"650"2*,*"/(",$")a'"25(5"'$0$'"[/(*)5'-" 2%&$)4$'" 5/" 60$'4*,50$'" ,$" 2/&,*,5'-" (*'" `" 25%52*,*" '5F0$4/,5" )5'" (5($)45'" $(" K/$"*'"6$''5*'"*40*;$''*("6$02/0'5'",$",5$)7*"5/"5/405'"(5($)45'",$"'5L0&($)45" )*"'/*"[&'4a0&*",$";&,*W""
CHH" c*0*"o5%L"Q!ACCR"*";&,*",$"/(*"6$''5*"'a"65,$"4$0"'$)4&,5"'$"$%*"'$"&)4$0$''*0",$"/(" (5,5"605L/),5"6$%*'"25&'*'"$"'$"$Z&'4&0"/("$);5%;&($)45"65'&4&;5"25("5F]$45'"$"*4&;&@ ,*,$'-"K/$"%$;$("b"25)'40/785",$"0$%*7M$'"65'&4&;*'"25("5'"5/405'"$"25))5'25"60a60&5'W"" l/*),5" '$" L*%*" ,$" $'6&0&4/*%&,*,$" '5(5'" %$;*,5'" *" 6$)'*0" K/$" '$" 40*4*" b" 6*04&,*" ,*" %&N*785",*"6$''5*"*"/(*",$4$0(&)*,*"0$%&N&85W"c50"&''5"$'6&0&4/*%&,*,$"'$0&*"'&)a)&(5" ,$" 0$%&N&5'&,*,$-" 25)4/,5" '$" 6*0*" *%N/(*'" 6$''5*'" *" '/*" ,&($)'85" $'6&0&4/*%" $'4P""" (/&45"&)4$02$4*,*"6$%*",&($)'85",*"0$%&N&5'&,*,$-"6*0*"5/40*'"6$''5*'"65,$0P"605;*@ ;$%($)4$" $'4*0" (/&45" 65/25" $" 6*0*" 5/40*'" *&),*" 65,$0P" )85" $Z&'4&0" K/*%K/$0" %&N*785" $)40$"$'6&0&4/*%&,*,$"$"0$%&N&85-"25(5"`"650"$Z$(6%5"5"2*'5",5'")85@20$)4$'W"
}&)N$0"QC=DAR",$L&)$"0$%&N&85"25(5"/("'&'4$(*",$"20$)7*'"$"60P4&2*'"6*04&%[*,*'"$"0$*@ %&E*,*'"[*F&4/*%($)4$"650"/(*"6%/0*%&,*,$"50N*)&E*,*",$"6$''5*'-"K/$"'$"]/%N*"$'4*F$@ %$2$0$(" 0$%*7M$'" 25(" ;*%50$'" $" (/&4*'" ;$E$'" '$0$'" '/60*" $(6\0&25'" ,5'" K/*&'" $'4*'" 6$''5*'"'$"'$)4$(",$6$),$)4$'W"
c*0*"y*)4"QC=DAR"*"0$%&N&85"`"5"2/%45"K/$"6052/0*"5'"L*;50$'",$"V$/'-"*40*;`'",*"50*785" $" 5L$04*'-" 6*0*" 40*E$0" *" 2/0*" $" 0&K/$E*" 6*0*" 5'" '$/'" '$N/&,50$'" 5/" *" *785" (50*%" K/$" 50&$)4*"5'"25(6504*($)45'"[/(*)5'"6*0*"/(*";&,*"($%[50W""
S'4$"25)2$&45"5),$"'$"&)'20$;$("605L/),*($)4$"*'"&,$&*'",$"2/%45"$"*785"(50*%"65,$@ 0P" 4$0" $'4*,5" )*" 50&N$(" ,5" K/$" V$00&,*" QC==?R" 25)'&,$0*" '$0" *" 0$%&N&85W" j$L$0$" $'4$"" */450"K/$"*"6*%*;0*""Š0$%&N&85Š-",$0&;*",*"6*%*;0*"Q0$%&N&5R"$"4$(",/*'"0*\E$'",&'4&)4*'W"" c0&($&05-"*"6*04&0",$"e0$%$N$0$f",$"e%$N$0$f"'&N)&L&2*"0$/)&0-"25%[$0"5/"0$25%[$0"Q$(R"$"*" '$N/),*" *" 6*04&0" ,$" e%&N*0$f" e0$%&N*0$f" '&N)&L&2*" *(*00*0" 5/" %&N*0W" X" 60&($&0*" 6*%*;0*" *65)4*"6*0*"*"50&N$(",$"N0/65'"'52&*&'"K/$"'$"0$Y)$("6*0*"60P4&2*'",$"2/%45"$"*"'$@ N/),*"6*0*"5"25)]/)45",$")50(*'-";*%50$'-"0$N0*'"$42W"K/$"'85")$2$''P0&*'"6*0*"*";&,*" ,5'"'$0$'"[/(*)5'W"X"60&($&0*"'/N$0$"5"6*6$%",5"2/%45")*"L50(*785",5'"'$0$'"[/(*@ )5'"$"*"'$N/),*"*'"60P4&2*'"'52&*&'")*"'/*"0$N/%*785W"
+*04\)" Q!AACR" 0$L$0$" K/$" *" 0$%&N&85-" 4*)45" )*" 60`@[&'4a0&*" 25(5" )*" [&'4a0&*" [/(*)*" $'4P-"25(5"*"2&1)2&*"25)L&0(*-"'$(60$"60$'$)4$")*"60$52/6*785",5'"[5($)'"$"52/6*" /("%/N*0"605$(&)$)4$"$)40$"5'"'$/'"5F]$4&;5'W" c*0*"o5%L"Q!ACCR"*"0$%&N&85"6056502&5)*"/("25)4$Z45")*4/0*%"6*0*"*"K/$'485",5"'$)4&,5" ,*";&,*W"T$"*20$,&4*0(5'"K/$"/("'$0"'5F0$)*4/0*%"20&5/"5"(/),5",$"*250,5"25("/(" 6%*)5"N0*),&5'5-"$)485"*")5''*"6$0N/)4*-"6052/0*"'*F$0"K/*%"`"*"L&)*%&,*,$",$''$"6%*)5" 5/"K/*%"`"5"%/N*0"K/$"*";&,*")$%$"52/6*W""
CHD" d85" 65,$(5'" )5" $)4*)45" 25)'&,$0*0" K/$" $'4*'" K/$'4M$'" *6$)*'" L*E$(" '$)4&,5" )5"" i(F&45",*"0$%&N&85W"X'"60$52/6*7M$'"2$)40*&'"K/$"$'485"%&N*,*'"*"$'4$",5(\)&5"&)2%/$(" K/$'4M$'"'5F0$"*"$Z&'41)2&*",$"/("5F]$4&;5"6*0*"*";&,*-"'5F0$"5";*%50",*";&,*"$"'5F0$"*" $Z&'41)2&*" ,$" /(*" 0*E85" 6*0*" ;&;$0-" &),$6$),$)4$($)4$" ,*'" 2&02/)'4i)2&*'-" &,$&*'-" 56&)&M$'"$",$"&)4$0$''$'"&),&;&,/*&'W"
c50K/$" 5" 4$0(5" $'6&0&4/*%&,*,$" '$" 6056&2&*" *" /(*" N0*),$" *(F&N/&,*,$-" `" )$2$''P0&5" $'2%*0$2$0@'$" 5" '$/" '&N)&L&2*,5" 0&N505'5-" (/&45" $(F50*" '$" '*&F*" 4*(F`(" K/$" )85" `" 65''\;$%"L*E1@%5"25("L*2&%&,*,$W"c*0*"j5'$%%a"Q!AABR")85"[P"/(*"2500$)4$"Y)&2*"5/"/(*" ,5N(P4&2*"'5F0$"5"$'6&0&4/*%-"5"K/$"6$0(&4$"5",$'$);5%;&($)45",$"6$0'6$4&;*'"(/&45" *(6%*'-" 2500$),5@'$" 5" 0&'25" ,$" /(*" (/%4&6%&2*785" ,5'" ,&'2/0'5'" $" ,$" /(*" '*\,*" ,5"" *''/)45"6*0*"*"$'L$0*",5"0$%*4&;&'(5W" c*0*"5"*/450"K/$"*2*F*(5'",$"0$L$0&0-"`"65''\;$%"25)'4*4*0"*"$($0N1)2&*",$'4$"25)2$&@ 45" $(" *%N/(*'" 2500$)4$'" ,$" )*4/0$E*" '52&5%aN&2*" K/$" $)25)40*0*(" /(" $'N54*($)45" ,5"'$)4&,5",*";&,*")/(*"'52&$,*,$"6a'@(*4$0&*%&'4*-"'/0N&),5"*%N/)'"'&)45(*'"$'6$2&@ *%($)4$")*'")5;*'"N$0*7M$'-",$"/("2*)'*75"$",$"/("$'N54*($)45",$'4$"(5,$%5",$" '52&$,*,$"(*4$0&*%&'4*"$"/(",5'"'&)45(*'"`"*"6052/0*"$"5",$'$]5",5"$'6&0&4/*%W" h&;$(5'"2%*0*($)4$")*"$($0N1)2&*",5"$'6&0&4/*%"$("2%*05"45("'&)20`4&25"(*'";&;$(5'" 4*(F`("$'4*"$($0N1)2&*",$F*&Z5",$"/("45("&)4$0@0$%&N&5'5"$"$2/(`)&25W"I"40*4*($)@ 45",5"$'6&0&4/*%")*"'52&$,*,$"6a'@(5,$0)*")85"5F$,$2$"*5'"$'K/$(*'",*"'52&$,*,$" 20&'48" 52&,$)4*%-" $(" K/$" 5" $'6&0&4/*%" $'4*;*" %&N*,5" *5" 0$%&N&5'5" $" *5" 0$%&N&5'5" ,$" /(*" 0$%&N&85"60$,5(&)*)4$W""
qP"[5]$"/(*"6052/0*",$"65)45'",$"/)&85"$",$"25);$0N1)2&*"$)40$"*'",&'4&)4*'"40*,&7M$'" 2/%4/0*&'" $" 0$%&N&5'*'" 25(5" ,$L$),$" j5'$%%a" Q!AABRW" 95)4/,5" 4*(F`(" )5'" '/0N$" 25(" (/&4*" ;&'&F&%&,*,$" )*" 25(/)&2*785" '52&*%" K/$-" $(" *%N/(*'" 6*04$'" ,5" (/),5-" 5"""""""" L/),*($)4*%&'(5"0$%&N&5'5"25)'4&4/&@'$"25(5"/("60$52/6*)4$"N/&*"50&$)4*,50",*";&,*" $("'52&$,*,$W" X"0$%&N&85"`"/("($&5"6*0*"*"6052/0*",*",&($)'85",*"40*)'2$),1)2&*-"25)4/,5")85"`"5" Y)&25",*,5"K/$"[P"L50(*'",$"$'6&0&4/*%&,*,$"%*&2*'-"6*0*%$%*'"$"*%4$0)*4&;*'"b"0$%&N&85W" .`;&)*'"Q!AAGR",&E@)5'"K/$"40*)'2$),1)2&*"'&N)&L&2*"/("(5;&($)45",$"40*;$''&*"$"/(" (5($)45",$"'/F&,*-")$'4$"'$)4&,5"$'4*(5'"6$0*)4$"/(",/6%5"$'L5075",$"40*)'65'&@ 785",5"&)4$0;*%5"650"$%$;*785-"650"(/,*)7*",$")\;$%W"I"5%[*0"K/$"'$"$%$;*"6*0*"5"2`/"
CH>" 25(5"K/$"'$"'$6*0*",5"25065")5"K/*%"$'4P"&(6%*)4*,5"$""$)25)40*"$)485"5"&)452P;$%n" 5"'*N0*,5W"
c*0*"+*04\)"Q!AACR"'$"6052/0*0(5'"*'"2*/'*'",*"L`")*"$Z&'41)2&*",$"/("5/";P0&5'"'$0$'" '/60$(5'-"65,$(5'"$)25)40*0";P0&*'-"*&),*"K/$"45,*'"$%*'"'$"0$'/(*(")/(*n"*"&)4/&@ 785" ,$" K/$" ,$65&'" ,$'4*" ;&,*-" 4$(" K/$" [*;$0" *%N5" (*&'" $" K/$" )$''*" Œ5/40*" ;&,*•" [P" Œ*%N/`(•"'/6$0&50"K/$"($0$2$"*,50*785W""
c*0*"*%N/)'"6$)'*,50$'"(5,$0)5'-"0$L$0$"+*04\)-"$'4*"Œ&)4/&785•")85"`"*F'5%/4*($)@ 4$"'&N)&L&2*4&;*"65&'"0$'65),$"*"/(*")$2$''&,*,$"[/(*)*",&*)4$",*"*)NY'4&*"6056502&@ 5)*,*"6$%*"(504$W"c*0*"$'4$-"5"[5($("*20$,&4*"650K/$"4$(")$2$''&,*,$",$"20$0"6*0*" *%&;&*0" *" '/*" *)NY'4&*-" 25)'40a&" /(" Œ2`/•" $" /(" Œ&)L$0)5•" $" ($'(5" /(" 5/" ;P0&5'""" Œ,$/'$'•"6*0*"60$$)2[$0"/(";*E&5"K/$"'$"%[$"450)*"&)'/6504P;$%-"/(";*E&5"605;$)&$)@ 4$",*"25)'2&1)2&*",$"K/$"$'4P";&;5"$"K/$";*&",$'*6*0$2$0"6*0*"'$(60$W"
+$),$%'5)"Q!AA!R",$L$),$"K/$"5'"6$02/0'5'",*",5$)7*"20a)&2*"*6$%*("6*0*"*")$2$'@ '&,*,$" ,$" 6052/0*" ,5" $'6&0&4/*%" 6*0*" 20$)4$'" $" 6*0*" )85" 20$)4$'-" 25)4/,5" X(*4/EE&" QC===R"25)'&,$0*"K/$"*"0$%&N&85"L50)$2$"/(*"*]/,*")*"6$02$785",*'"25&'*'",5"(/),5-" 5"K/$"%$;*"*"/(*"45(*,*",$"25)'2&1)2&*",5'"%&(&4$'",5"[5($(-"*'6$45"K/$"'/'4$)4*" *" )$2$''&,*,$" [/(*)*" ,$" 6052/0*" ,$" '$)4&,5" 6*0*" *" ;&,*" 5/" *" 6052/0*" ,$" /(*"""" [*0(5)&*"6$0,&,*W"
d*" 5F'$0;*785" K/$" L*E$(5'" ,*" 0$*%&,*,$" 25)'4*4*@'$" K/$" *" 6052/0*" ,5" $'6&0&4/*%"" 65,$0P"'/0N&0",$"(/&4*'"L50(*'W"SZ&'4$"[5]$"/("2/%45"*5"$'6&0&4/*%"$"*6*0$2$("*%N/)'" 2[*(*,5'" ($02$)P0&5'" ,5" $'6&0&4/*%" K/$" 5L$0$2$(" '$0;&75'" ,$" L50(*" 60$'/(&;$%@ ($)4$" $)N*)5'*" *" 6$''5*'" K/$" '$" 450)*(" ;\4&(*'" ,*" '/*" 60a60&*" L0*N&%&,*,$" 5/" ,*" '&4/*785",$"L0*N&%&,*,$"K/$"*",5$)7*"%[$'"605;52*W""
I'"605L&''&5)*&'",$"'*Y,$")85"65,$("&N)50*0"$'4$"*'6$45-"650K/$"*"6/F%&2&,*,$",5'" K/$"'$"25)'&,$0*("e($'40$'"$'6&0&4/*&'f-"e*'40a%5N5'"$'6&0&4/*%&'4*'f-"e2&$)4&'4*'"$'6&@ 0&4/*&'f) `" *6$%*4&;*-" *N0$''&;*" $" '/04$" $L$&45" $" 5'" '$/'" N*F&)$4$'" *6*0$)4*(" '$0"""""" L0$K/$)4*,5'"650"6$''5*'"2/]5"5F]$4&;5"`"*"&,*"*5"$)25)405",$"*%N/`("K/$"*'"$'2/4$W"" I")5''5"5%[*0"605L&''&5)*%"6*0*"/(*"6$''5*",5$)4$")85"`")/)2*"/("*45"&)52$)4$"5/" &),&L$0$)4$-" )$(" '&(6%$'($)4$" 4`2)&25-" (*'" 40&F/4P0&5" ,$" /(*" ;&'85" (*&'" ;*'4*" ,5" (/),5" $" ,5" '$0" [/(*)5W" c50" &''5" 25)'&,$0*(5'" ,$" 60&(50,&*%" &(6504i)2&*" 4$0"""" '$(60$"$("25)4*"*",&($)'85"$'6&0&4/*%",5"'$0"[/(*)5")5"6052$''5",$"2/&,*,5'",$" '*Y,$"$",$"$)L$0(*N$("$("6*04&2/%*0W"
CH?" 95)'&,$0*(5'",*"(*&50"&(6504i)2&*"K/$"*"&);$'4&N*785")$'4*"P0$*"L50)$7*"25)40&F/@ 45'" &(6504*)4$'" $" ;P%&,5'" 6*0*" K/$" 5'" 605L&''&5)*&'" ,$" '*Y,$" 65''*(-" 25(" [5)$'4&@ ,*,$"$"$("0$'/%4*,5",$"$;&,1)2&*'"2&$)4\L&2*'")$'4*"P0$*-",$'$);5%;$0"*"'/*"&)4$0;$)@ 785"605L&''&5)*%-",*),5"4*(F`("0$%$;5"b",&($)'85"$'6&0&4/*%",5"'$0"[/(*)5W"
9*%,$&0*" Q!ACCR" 0$L$0$" K/$" *"605,/785"2&$)4\L&2*"*2$02*",*"$'6&0&4/*%&,*,$")5'"2/&,*@ ,5'",$"$)L$0(*N$(")85"`"485"605L\2/*"K/*)45"'$0&*",$'$]P;$%"6*0*"*"25)'5%&,*785",$" 25)[$2&($)45'"$"6*0*"*"&)4$N0*785")*"60P4&2*"2%\)&2*W"95)4/,5-"$Z&'4$"*4/*%($)4$"/(" ,$'$);5%;&($)45" )*" &);$'4&N*785" $(" $)L$0(*N$(" 0$%*2&5)*,5" 25(" $'4*" ,&($)'85" ,5"'$0"[/(*)5W""
I'"$'4/,5'")$'4*",&($)'85",5"'$0"[/(*)5"65,$085",*0"L50(*"*"/(*"P0$*",$"25)[$@ 2&($)45" &(6504*)4$" 6*0*" 45,5'" 5'" 605L&''&5)*&'" K/$" 60$'4*(" 2/&,*,5'" ,$" '*Y,$" $" $'6$2&*%($)4$"6*0*"5'"$)L$0($&05'W"
d/("$'4/,5"0$*%&E*,5"650"O*x%50"$,)'7R"QC==HR"2/]5"5F]$4&;5"L5&",$4$0(&)*0"K/$"60P4&@ 2*'",$"2/&,*,5'"$'6&0&4/*&'"/4&%&E*("5'"$)L$0($&05'",$"5)25%5N&*-"2[$N5/@'$"b"25)2%/@ '85",$"K/$"5'"2/&,*,5'"$'6&0&4/*&'"'85"$''$)2&*&'")5"6052$''5",$"2/&,*,5'W"X'"25)2%/@ 'M$'"$'6$2\L&2*'",$'4$"$'4/,5"*65)4*("6*0*"*%N/)'"*'6$45'"K/$"5'"$)L$0($&05'"25)@ '&,$0*(" $''$)2&*&'" &)2%/&0" )*'" 60P4&2*'" ,$" 2/&,*,5'" $'6&0&4/*&'-" 25(5" '$]*" 0$E*0" 25(" 5'",5$)4$'-"605(5;$0"*"60$'$)7*",5'"2*6$%8$'"5/",$"5/405'"(&)&'405'",$",$4$0(&)*@ ,*'"0$%&N&M$'"5/"*&),*"*"L*2&%&4*785",5"*2$''5"*"5F]$45'"0$%&N&5'5'W""
UP"$("C==D"g*0)/("'/N$0$"K/$"$Z&'4$("(/&45'"e(`45,5'"N$0*&'f"6*0*"5'"$)L$0($&@ 05'"K/$"60$'4*("2/&,*,5'"$'6&0&4/*&'-"&)2%/&),5"*"50*785"$"*"L*2&%&4*785",5"*2$''5"*" 25)'$%[$&05'"0$%&N&5'5'"$"*"0&4/*&'"0$%&N&5'5'W""
S'4$'" *'6$45'" '85" $''$)2&*&'" )/(" 6%*)5" ,$" &)4$0;$)7M$'" ,$" $)L$0(*N$(" 50&$)4*,5" 6*0*"*'";$0,*,$&0*'")$2$''&,*,$'",*'"6$''5*'"*"K/$("60$'4*(5'"2/&,*,5'W"g*0)/(" 4*(F`("&,$)4&L&2*"*'"4$0*6&*'",&0$2&5)*,*'"6*0*"5",5$)4$-"*L&0(*),5"K/$"*"L`"`"/(*" 4$0*6&*" $'6&0&4/*%" &(6504*)4$" 6*0*" 5'" ,5$)4$'" $" 25)2%/&/" K/$" *'" 4$0*6&*'" $'6&0&4/*&'" 6*0*"5'",5$)4$'"'85"*/45*6%&2*,*'"5/"'85",$'$);5%;&,*'"6$%5"$)L$0($&05W""
c50K/$"(/&4*"%&4$0*4/0*"$Z&'4$)4$"'5F0$"$'4*"605F%$(P4&2*"40*4*"*'"4$0*6&*'"$'6&0&4/@ *&'" 25(5" ($2*)&'(5'" 6*0*" *%&;&*0" 5" 3,%$33-" *" 60$52/6*785" ,$" g*0)/(" 6*0$2$" '$0" *" ,&L$0$)2&*785" ,*'" 4$0*6&*'" $'6&0&4/*&'" 25(5" /(*" L50(*" ,$" ,&'4&)785" ,$" 5/40*'""""""" 4$0*6&*'W" c5,$(5'" ;$0&L&2*0" )*" ,$'20&785" ,$" g*0)/(" *" )5785" ,$" K/$" *" L`" 65,$" '$0" e*6%&2*,*f"25(5"/(*"e4$0*6&*fW"""
CH=" c*0*"q$$%*'"$"o55,[$*,"Q!AAHR-"5"$'4/,5",*"$'6&0&4/*%&,*,$"25(5"/(*",&($)'85",*" 60P4&2*"605L&''&5)*%"$("'*Y,$"$"$,/2*785"'/0N&/"*"6*04&0",$"C=?AW"I'"$'4/,5'";*0&*(",*" *)P%&'$" $" *605L/),*($)45" 4$a0&25" ,$'4*" ,&($)'85" *4`" *'6$45'" (*&'" 60P4&25'" 0$%*2&5@ )*,5'"25("*"&,$)4&L&2*785"$"'*4&'L*785",*'")$2$''&,*,$'"$'6&0&4/*&'-"$(",5$)4$'"/4&%&@ E*,50$'",5'"'$0;&75'",$"'*Y,$W"X'"&)L%/1)2&*'"2/%4/0*&'"$"'52&*&'"'85"*'6$45'"&(6504*)@ 4$'-"K/$"65,$(",*0"%/N*0"*"L50(*'"6*04&2/%*0$'",*"$Z60$''85",*'")$2$''&,*,$'"$'6&0&@ 4/*&'"$"0$($4$(@)5'"4*(F`("6*0*"L50(*'",$"$'6&0&4/*%&,*,$-"K/$"&,$)4&L&2*("5"6*40&@ (a)&5"$'6&0&4/*%"5/"*]/,*("*"6$02$F$0"5"654$)2&*%"$'6&0&4/*%",$"2*,*"'$0"[/(*)5W" o0&N[4" Q!AAHR" *65)4*" *%N/)'" $'4/,5'" '5F0$" 60P4&2*'" ,$" 2/&,*,5'" $'6&0&4/*&'-" 5),$""" 25)2%/&"*"&(6504i)2&*",*"'*4&'L*785",*'")$2$''&,*,$'"$'6&0&4/*&'"$(",5$)4$'"$"L*(\%&*'W""" :("*'6$45"20\4&25-"(*'"25)'&,$0*,5"(/&45"&(6504*)4$")5'"$'4/,5'",*"P0$*",*"$'6&0&@ 4/*%&,*,$" `" *" 25(60$$)'85" ,*" L50(*" 25(5" *'" $'40/4/0*'" $,/2*2&5)*&'" ,*" 605L&''85" &)&F$("5/")$N*("*"$Z60$''85",*"$'6&0&4/*%&,*,$-",$;&,5"$'6$2&*%($)4$"*"&,$5%5N&*'" &(6%\2&4*'")5'"6052$''5'",$"L50(*785"$"605L&''&5)*%&E*785-"/(*";$E"K/$"(/&4*'";$E$'" )85"%[$"*40&F/$("K/*%K/$0"&(6504i)2&*"25(5",$L$),$"g$44'"Q!AAGR-"5/"$;&,$)2&*("*" '/*" *,$'85" *5" 6*0*,&N(*" ,*" 0*2&5)*%&,*,$" $(" K/$" '$" '/F;*%50&E*" $'4*" ,&($)'85"" [/(*)*"25(5"$'4P"$Z60$''5")5'"$'4/,5'",$"95FF"QC==?R"$"O*0%&$0"Q!AAHRW"""
c$%*'"%$&4/0*'"K/$"L&E$(5'"4$(5'"*"6$02$6785"K/$"5'"$'4/,5'")*"P0$*",*"$'6&0&4/*%&@ ,*,$" $'485" *N50*" *" ,$'$);5%;$0@'$" )/(" 2%&(*" ,$" '$2/%*0&'(5" )85" ,$'60$E*),5" *"""""" &(6504i)2&*",*",&($)'85"0$%&N&5'*",5"'$0"[/(*)5W""
c$%*"5F'$0;*785",*"0$*%&,*,$"6*0$2$@)5'"K/$"5'"20$)4$'",*'",&;$0'*'"0$%&N&M$'-"$'6$@ 2&*%($)4$"*K/$%$'"2/]*"$'6&0&4/*%&,*,$"'$"$Z60$''*"$("*4&4/,$'",5N(P4&2*'-"'5F0$4/@ ,5" 5'" L/),*($)4*%&'4*'-" *,$0$(" *" 6*,0M$'" ,$" 25)[$2&($)45" )5" ,5(\)&5" ,*" $'6&0&@ 4/*%&,*,$"%&N*,5'"b'"0$'6$4&;*'"0$%&N&M$'"$"20&*("'&4/*7M$'"K/$"(/&4*'";$E$'"65,$085" $)40*0"$("25)L%&45"25("5'"25)2$&45'",*K/$%$'"K/$"25)2$F$("$'4*",&($)'85"[/(*)*" ($)5'" %&N*,5'" *" /(*" 0$%&N&85W" V*" 0$L%$Z85" K/$" L*E$(5'" 4*(F`(" 65,$(5'" *L&0(*0" K/$"*",&($)'85"$'6&0&4/*%",*"6$''5*"65,$"$'4*0"(/&45"&)4$02$64*,*"6$%*"'/*"0$%&N&85W" X"&,$&*"60$,5(&)*)4$")5'"$'4/,5'"(*&'"0$2$)4$'"`"'5F0$4/,5"*"25)2$785",*"$'6&0&4/@ *%&,*,$" 25(5" *" $Z60$''85" ,$" /(" 25(6504*($)45" &),&;&,/*%" '$(" %&N*785" )$2$''P0&*" *5" 0$%&N&5'5W" I" 25(6504*($)45" &),&;&,/*%" `" *6$0L$&75*,5" '&'4$(*4&2*($)4$" 650"""" 2$045'"*45'",$"$'6&0&4/*%&,*,$"$"*''&("*";&,*"'52&*%"4*(F`("'$";1"*6$0L$&75*,*-"/(*"
CDA" ;$E" K/$" 5'" 25(6504*($)45'" &),&;&,/*&'-" $(" 0$N0*" ,85" L50(*" b" ;&,*" '52&*%" 25(5"""" ,$L$),$"q5,N$"Q!AAHRW""
SZ&'4$"*K/&"*")5785",$"K/$"*"$'6&0&4/*%&,*,$"4$("L50(*'",$"$Z60$''85"&),&;&,/*%"K/$" $)L50(*("25(6504*($)45'"&),&;&,/*&'"$"L50(*'",$"$Z60$''85"25%$4&;*'"K/$"2*0*4$@ 0&E*("25(6504*($)45'"25%$4&;5'-",*),5"*''&("25)40&F/45'"$''$)2&*&'"6*0*"5"*6$0L$&@ 75*($)45",*";&,*"$("'52&$,*,$W"
X" $'6&0&4/*%&,*,$" )85" `" /(*" 0$*%&,*,$" '&)N/%*0" `" /(*" 0$*%&,*,$" 0*,&2*%($)4$" 25(@ 6%$Z*W" X" $'6&0&4/*%&,*,$" $'4P" %&N*,*" *" ;*%50$'-" b" '*Y,$-" *5" '5L0&($)45-" b" L50(*785" (50*%"$"0$%&N&5'*"'5F0$4/,5")*'"605L&''M$'"%&N*,*'"*5"2/&,*,5"[/(*)5-"25(5"65,$@ (5'" ;$0&L&2*0" $(" g*045)" Q!AABR" K/*),5" 0$L$0$" K/$" 5'" 2/&,*,5'" ,$" '*Y,$" 41(" /(*" N0*),$"25(65)$)4$"$'6&0&4/*%"$"5"$'4/,5",*'"605F%$(P4&2*'"%&N*,*'"b"$'6&0&4/*%&,*,$-" L50)$2$" 25)40&F/45'" 6*0*" 5'" 6*,0M$'" ,$" 25(6504*($)45" $" 6*0*" *'" $'40*4`N&*'" ,$"" ,$'$);5%;&($)45"K/$"&)2&,$("'5F0$"5'"2/&,*,5'",$"'*Y,$W"
+2T[$00x"Q!AAAR"&,$)4&L&2*"*"$'6&0&4/*%&,*,$"25(5"/("4$0(5"*F0*)N$)4$"'5F"5"K/*%" 65,$(5'"$)25)40*0"/(*",&($)'85";*0&*,*",$")$2$''&,*,$'",5'",5$)4$'W"d*0*x*)*@ '*(x" Q!AACR" 0$L$0$@'$" b" $'6&0&4/*%&,*,$" 25(5" /(*" ,&($)'85" &(6504*)4$" ,5'" 2/&,*@ ,5'",$"$)L$0(*N$("$"$)K/*,0*"$'4*",&($)'85")5'"2/&,*,5'",$"'*Y,$"K/$",$;$("4$0" /(*"6$0'6$4&;*"[5%\'4&2*",*"6$''5*W"" c*0*"9*%,$&0*"Q!ACCR"*"25)'2&$)2&*%&E*785",*"60a60&*"$'6&0&4/*%&,*,$",5'"$)L$0($&05'"$" *"25(60$$)'85",*"$'6&0&4/*%&,*,$"25(5"L*2&%&4*,50*",5"6052$''5",$"B+-8"(4)'85"L*450$'" K/$",$;$("&)2$)4&;*0"*"'/*"&)4$N0*785")*"60P4&2*",5'"2/&,*,5'-"(/&45"$(F50*"'$";$0&@ L&K/$"/(*"*2$)4/*,*"L*%4*",$"L50(*785"'$)4&,*"6$%5'"$)L$0($&05'"6*0*"*4$),$0"*"$'4*" ,&($)'85",5"'$0"[/(*)5W"
X'" 25(/)&,*,$'" 2&$)4\L&2*'" ,$" $)L$0(*N$(" 25%52*0*(" b" ,&'65'&785" ,5'" $)L$0($&05'" *%@ N/)'",&*N)a'4&25'"K/$"'$"0$L$0$("$'6$2&L&2*($)4$"b",&($)'85"$'6&0&4/*%",5"'$0"[/(*)5W" X"i+%,A)L&$%8B'")iD%38"()08'("+383)L33+B8',8+")miLi0Ln)0$L$0$@'$"*5",&*N)a'4&25",$) e*)NY'4&*"$'6&0&4/*%f"$",$L&)$@5"25(5"5"$'4*,5"$("K/$"5"&),&;\,/5"5/"N0/65"*60$'$)4*" 5/" $'4P" $(" 0&'25" 6*0*" *60$'$)4*0-" /(" ,&'4Y0F&5" )5" '&'4$(*" ,$" 20$)7*'" $" ;*%50$'" K/$" 6056502&5)*"L507*-"$'6$0*)7*"$"'&N)&L&2*,5"6*0*"*";&,*W"V$L&)$"4*(F`("5",&*N)a'4&25" ,$"e,&'40$''"$'6&0&4/*%"Q5/"0&'25Rf"25(5"*"&)2*6*2&,*,$"6*0*"$Z6$0&($)4*0"$"&)4$N0*0"5" '$)4&,5"$"*"L&)*%&,*,$",*";&,*"*40*;`'",*'"0$%*7M$'"25)'&N5"($'(5-"25("5'"5/405'-"25(" *"*04$-"(Y'&2*-"%&4$0*4/0*"5/"25("/("65,$0"'5F0$)*4/0*%"Q9*06$)&45-"C=>>RW"
CDC" d*" 9%*''&L&2*785" k)4$0)*2&5)*%" 6*0*" *" c0P4&2*" ,$" $)L$0(*N$(" )*" 9%*''&L&2*785" ,5'" #$)a($)5'" ,$" S)L$0(*N$(" Q!AADR" )5" S&Z5" Xn" #525" ,*" 60P4&2*" ,$" $)L$0(*N$(-"""" 4*(F`("65,$(5'"$)25)40*0"*%N/)'"25)2$&45'"K/$")5'"*]/,*("*"25)'40/&0",&*N)a'4&@ 25'" ,$" $)L$0(*N$(" '$N/),5" $'4$" '&'4$(*" 2%*''&L&2*4&;5-" 25(5" 650" $Z$(6%5" e20$)7*" $00a)$*f-"e20$)7*"0$%&N&5'*f-"e20$)7*"$'6&0&4/*%f"$"e*)NY'4&*"$'6&0&4/*%fW"
95)20$4*($)4$"5",&*N)a'4&25",$"$)L$0(*N$(",$"e*)NY'4&*"$'6&0&4/*%f"K/$"`"60565'@ 45"6$%*"i+%,A)L&$%8B'")iD%38"()08'("+383)L33+B8',8+"-",$',$"C=?A-"`",$L&)&,5"25(5" *" e2*6*2&,*,$" 60$]/,&2*,*" ,$" $Z6$0&($)4*0" $" &)4$N0*0" '&N)&L&2*,5" $" 5F]$4&;5" b" ;&,*-" 40*)'2$),1)2&*" $" 25)$Z85" 25)'&N5-" 25(" V$/'^T$0" +*&50-" 25(" 5'" 5/405'" $" 25(" 5" (/),5"*5"'$/"0$,50f"Q9*06$)&45"!AAHn">D!RW""
O$(5'";$0&L&2*,5"$("*%N/)'"$'4/,5'"0$*%&E*,5'"650"$)L$0($&05'-"'5F0$4/,5"*($0&2*@ )5'-"K/$"*"0$%*785"$)40$"$'6&0&4/*%&,*,$"$"0$%&N&85"`"(/&45"L504$"$"L5(5'"6$02$F$),5-" K/$0" )*" 6$'K/&'*" 4$a0&2*" 0$*%&E*,*-" K/$0" )5" ,$2/0'5" ,5" 6052$''5" ,$" 0$25%[*" ,$""""" ,*,5'-"K/$"*"0$%&N&85"`"/("0$2/0'5"(/&45"&(6504*)4$"6*0*"*%N/(*'"6$''5*'-"K/*),5" '85"&)4$02$64*,5'"650"'&4/*7M$'",$"'5L0&($)45"$",$",5$)7*W""
X" 6*04&0" ,5'" *'6$45'" 0$%*2&5)*,5'" 25(" *" $'6&0&4/*%&,*,$" *4`" *K/&" 0$L$0&,5'-" 65,$(5'" *N50*"'&)4$4&E*0"$"*L&0(*0"4*(F`(-"K/$"*"$'6&0&4/*%&,*,$"`"/(*",&($)'85"&(6504*)4$" ,5"'$0"[/(*)5-"K/$"*"6*0",*",&($)'85"F&5%aN&2*-"&)4$%$24/*%-"$(52&5)*%"$"'52&*%-"25)'@ 4&4/&"*K/&%5"K/$"`"2*,*"'$0"[/(*)5"$"K/$"5"*]/,*"*",&L$0$)2&*0",5"5/405"'$0"[/(*)5W"" S'4*",&($)'85"&(6%&2*"/(*"$Z60$''85",$"'$)4&($)45'"$"/(*";&;1)2&*"&),&;&,/*%-"/(*" &)4$0*785"25("5"($&5"*(F&$)4$-"25("5'"5/405'"$"25("/("T$0"T/60$(5W"<"'5F0$4/,5" *40*;`'",*"$'6&0&4/*%&,*,$"K/$"'$"(*)&L$'4*"5"'$)4&,5"6*0*"*";&,*W"
95)'&,$0*(5'" K/$" '$0P" &(6504*)4$" 6$02$F$0" 25(5" `" K/$" 5'" $)L$0($&05'" ;*%50&E*(" 5'";P0&5'"*'6$45'"0$%*2&5)*,5'"25("$'4*",&($)'85",*"6$''5*-"K/$",*,5'"0$25%[$(")*" L*'$",$"*60$2&*785"6*0*"K/$"25)'&N*("&,$)4&L&2*0"'&4/*7M$'"K/$")$2$''&4*(",$"2/&,*@ ,5'"5/"'$]*-"'&4/*7M$'",$",&*N)a'4&25'",$"$)L$0(*N$("0$%*2&5)*,5'"25("$'4*",&($)@ '85",5"'$0"[/(*)5W"" c*0*"5",$'$);5%;&($)45",*"2&1)2&*",$"$)L$0(*N$("25)'&,$0*(5'")$2$''P0&5"$'4/,*0" 6*,0M$'",$"0$'65'4*'"[/(*)*'"$("L*2$",5'",&*N)a'4&25'"K/$"$'485"]P"$'4/,*,5'"6$%*" 25(/)&,*,$" 2&$)4\L&2*" ,$" $)L$0(*N$(" $" &)4$0;$)7M$'" $'6$2\L&2*'" ,$" $)L$0(*N$(" )$'4$",5(\)&5W"
CD!" Z3:31K)$#&4!@#G-#.<19:#$&4! X(*4/EE&-"+W+W"QC===RW"j$%&N&85"$"'$)4&,5",$";&,*n"/("$'4/,5"4$a0&25W)2$&'3)-38B+7+? (8'4)>Q!R-"C?G@C=AW"" X($)4*-"+WIW"QC=?DRW"T6&0&4/*%"25)2$0)'W"k)"+W"IW"X($)4*"m"dW"g5[)$4"QS,'WR"iD%38"() B'%$)+#),A$),$%&8"'77X)877-"g5'45)n".&44%$-"g05r)W"
g*4[N*4$-" VW-" Q!AAGRW" c'x2[&*40x-" 0$%&N&5)" *)," 25N)&4&;$" '2&$)2$W" LD3,%'78'") '":) i$@)
u$'7'":)j+D%"'7)+#)Y3XBA8',%X-"G>QGR-"!>>@!?HW" g*0)/(-" gWTW" QC==DRW" T-8%8,D'78,X) 8") "D%38"(/) 6%+&) ,%':8,8+"'7) ,+) "$@) '($4" d$r" }50Jn" T60&)N$0W" g$%2[$0-"XW"Q!AA=RW"#*2/%4x"+*44$0'W"iD%38"()!:DB',8+")Y$%3-$B,8=$3-"GAQDR-"GHA@GHCW"" 9*%,$&0*-"TW_"g0*)25-"‰&4*-"9W"m"h&$&0*-"+W"Q!ACCRW)X"$'6&0&4/*%&,*,$")5'"2/&,*,5'",$"$)@ L$0(*N$(n"0$;&'85",*",&;/%N*785"2&$)4\L&2*"$("c504/N*%C!M$=83,'):$)!"#$%&'($&)M$#$? %O"B8'4)"kkk"T`0&$-"H-"CBH@CH!W" 9*06$)&45-".WUW""QC==>RW"08'("G3,8B+3):$)$"#$%&'($&R)L-78B'EI+)b)-%],8B')B7F"8B'W"D|"$,W" c5045"X%$N0$n"X04$'"+$,&2*'W" 9*06$)&45@+5x$4-".WUW"Q!AAHRW"08'("G3,8B+3):$)$"#$%&'($&W"c5045"X%$N0$n"X04($,W" 9*06$)&45@+5x$4-" .WUW" Q!AA?RW" 9'"D'7) :$) :8'("G3,8B+3) :$) $"#$%&'($&/) L-78B'EI+) b)
-%],8B')B7F"8B*W"c5045"X%$N0$n"X04($,W" 9*00-"VW"Q!AABRW"")T-8%8,D'7)$:DB',8+"/)*D7,D%'74)%$78(8+D3)'":)3+B8'7):8##$%$"B$3/)i$@)-$%? 3-$B,8=$3)#+%),A$)t`3,)B$",D%XR"T4/,&$'"&)"c[&%5'56[x"m"S,/2*4&5)-"!GQBR-"GCGW" 9[$'45;-".W"QC=DARW"L3)%$=$7'Ed$3):')&+%,$W"O0*,W"V$"U50N$"T$)*W".&'F5*n".&;0*0&*"+50*&'" S,&450*W" 95)'$%[5"k)4$0)*2&5)*%",$"S)L$0($&05'"Q!AADRW"*7'338#8B'EI+)8",$%"'B8+"'7)-'%')')-%],8? B'):$)$"#$%&'($&)m*QY!vQ*iYn/)N$%3I+)`W".&'F5*n"I0,$(",5'"S)L$0($&05'W"
V$00&,*-" UW" QC==?RW" #*&4[" *)," y)5r%$,N$-" &)" UW" V$00&F*" *)," h*44&(5" Q$,'R" M$78(8+"W""" 9*(F0&,N$n"c5%&4xW"
V/0*)4-"oW"QC==DRW"L)A83,G%8'):')#87+3+#8'W"j&5",$"U*)$&05n"S,&450*"d5;*"9/%4/0*%W" S6&2/0/'"QC=>ARW"2A$)!^,'",)M$&'8"3W"d5;*"k50K/$n"3$0N"I%('"h$0%*NW"
CDG" #0*)J%-" hW" QC=>?RW) 6D":'&$",+3) '",%+-+7G(8B+3) :') -38B+,$%'-8'W" j&5" ,$" U*)$&05n" ‰*[*0" S,&450$'" #0*)J%-"hW"Q!AAHR"?)<&)-38BG7+(+)"+)B'&-+):$)B+"B$",%'EI+W".&'F5*n"h$]*W" y*)4-"k"QC=DARW"M$78(8+")@8,A8"),A$)78&8,3)+#)-D%$)%$'3+"W"d$r"}50Jn"[*06$0"*),"j5rW" .`;&)*'-"S((*)/$%"QC==GRW"0$D34)')&+%,$)$)+),$&-+W"95&(F0*n"X%($,&)*W" +*04\)-"TW"Q!AACRW"Y'%')HD$)3$%=$)')#PR"95&(F0*n"30PL&2*",$"95&(F0*W" +2T[$00x-"oW-"9*'[-"yW-"m"j5''-".W"Q!AABRW"+$*)&)N"5L"'6&0&4/*%&4xn"&(6%&2*4&5)'"L50")/0'@ &)N"60*24&2$W"j+D%"'7)+#)*78"8B'7)iD%38"(-"`aQ?R-"=GB@=BCW"" +2T[$00x"oW"m"V0*6$0"cW"QC==?RW"O[$",$F*4$'"$($0N&)N"L05("4[$"%&4$0*4/0$"'/005/)," 4[$" 25)2$64" 5L" '6&0&4/*%&4x" *'" *66%&$," 45" )/0'&)NW" j+D%"'7) +#) L:='"B$:) iD%38"(-" Q!>R-" D?G@D=CW"
+2T[$00x-" oW-" Q!AAARW" 9'K8"() T$"3$) +#) T-8%8,D'78,X) 8") iD%38"() Y%'B,8B$/) '") 8",$%'B,8=$)
'--%+'BAW".5),5)n"q*025/04"c/F%&'[$0'W"
+$),$%'5)-" 9W" Q!AA!RW" W$'7,A) -$%B$-,8+"3) +#) 9$^8B'") L&$%8B'") @+&$"W" j+D%"'7) +#)
2%'"3BD7,D%'7)iD%38"(-"CGQGR-"!CA@!C>W"" +5/0*-"9W"Q!ACCRW"L)8"$=8,'5878:':$):')&+%,$)$)+)BD8:'%)$&)#8&):$)=8:'/)!",%$)')#87+3+#8') $)')58+P,8B'-".&'F5*n"95&'*'",$"%$0W" d504["X($0&2*)")/0'&)N"V&*N)5'&'"X''52&*4&5)"Q!AA?RW"08'("G3,8B+3):$)$"#$%&'($&):') iLi0L/):$#8"8Ed$3)$)B7'338#8B'EI+)tssw?tsse-"c5045"X%$N0$n"X04($,W" j5]*'-"SW""Q!AAHRW"<&'),$+%8'):')#$78B8:':$-"95&(F0*n"S,&7M$'"O$)*2&4*'W"
j5'$%%•-" #WOW" Q!AABRW" d$2$''&,*,$'" $'6&0&4/*%$'" ,$%" '$0" [/(*)5W" f'5+%) W+3-8,'7'%8'-""" !>C-"QCR-">@CDW"
O*x%50-" SW" QC==>RW" O[$" '450x" F$[&)," 4[$" '450xn" 4[$" /'$" 5L" '450x4$%%&)N" &)" '6&0&4/*%""""""" 2*0$N&;&)NW"T$&8"'%3)8")h"B+7+(X)iD%38"(-"CGQBR-"!H!@!HBW""
O*x%50-"SW"UW"Q!AA!RW"T-8%8,D'7)B'%$R)iD%38"(),A$+%X4)%$3$'%BA4)'":)-%'B,8B$-"d$r"U$0'$xn" c0$)4&2$"q*%%W"
O*x%50-" cWgW-" X($)4*-" +W" m" q&N[L&$%,-" +W" QC==HRW" T6&0&4/*%" 2*0$" 5L" 5)25%5Nx" )/0'$'W"""
h"B+7+(X)iD%38"()6+%D&-"!!-"GC@G=W"
O*x%50-"jW"QC=>AR"V++:)'":)!=87-"d5;*"k50K/$n"+*2(&%%*)W" O&%%&2[-"c*/%"QC=>DRW"L)*+%'($&):$)T$%-"T85"c*/%5n"c*E"$"O$00*W"
CDB" o5%L-" TW" Q!ACCRW" h) 3$",8:+) :') =8:'R) !) -+%) HD$) %'1I+) P) 8&-+%,'",$-" .&'F5*n" S,&450&*%""""" g&Ei)2&5W" }&)N$0-"+&%45)"QC=DBRW"MP78(8+"4)T+B8$,P4)Y$%3+"$-"c*0&'n"S,W":)&;$0'&4*&0$'W" ! ! ! !
