7FUSOSU7(N@-	I(V7
 N@U[1_],?Bn<XA\NK_@6l_/3TVO<
jO@X^7 NMHROA@TNEYOVXTJ^JAR	
 <	C@TWX_@@R+
CNVFISPO[LVX]\RVQW; 	]UCRSSH@Q @TKJICXJ	_UCQSSI@QPUJW^RJC_IGKOJ^\GIOA3	YJW]RVQ
B+NVOISO[^QV
@M@@F_IT2KAYRI\A@SS3XIEXTIAR AYJXJ\FNLP%
TBVRUJ]A@NAYQUN^ER]@@T@VRVB]@@NKNI^IR^E BQQKDXHX	(

NI]ANLW3ILXTAR_NMA		SX_KJ
4E
VXWA\\EUA	.E[OVSJC@GOJXUOHWOA
	1A]@@BC[ _VXWC@N NI\]@T_@@@D[_V^NMJTSSUNER^[RJ_Q	P 7 NMHSOA 	.YOVZJCGGVRX	AYPI@Q	V7AQQ CDZHX
	<		@NKS^TDOIK@]WNAR	
 <	@@TWX\@@QQ_V
NMIOA 	B@T SX]@@TAVRQN]@@NHNIYER^E
% ]VRUJAR<NKZ^DOY@@QI XWF\@U,ER\\RH_QW%		D[YRSI__NPJW]RN@G\Q3	RAC]C\@NLYJWYNX^J^JARPAC[C\ANLC	PXID[CXJ	]UCTSSI@Qj XIB[Q	2 AY[I\@STLJI@DXHX
	<		ANKS^UDO	nIOJ]\GJOASX_R_TZNXT 7]NMHSSRUNSXXE QQ_V_NMATSSUNERU[RJ_QPUXWH[\GUA
	,YER\\NXT,	RVTGIOANNISE	NXBCCG/QAYH\C^]@S=
QNYTJ^\NAC]D_GR^E
,HYF@\@\][[AC[_NZOVRVQ
][F@\@X\GUA^SX_SX]@@TBVRUJY@\@U&LVXAN  4GXWH\\
UA[ACQ		[JW]WJC_IT2KAYRI\A@SS3XIEXTIAR AYHUJUDWB	,AEJ^K]@]@UAYA@QVJW\NXDGJ^K_@\\[[	ANKS\WXAN QNYVJ]@@N<
 @TWDO	,PF@U@\[[ZAYN QER_XRJ_QW%		E[YRSI^_NP2
@IBDXWVO AYQL[F[CNLP%
TBVRUJ]A@NAYZUN^ER]@@T@VRUIZ@\@U^QV@QYWDOZIE[SJ]\N
< SX_KJ,
]J^B]@@UHSAYN QER^ZRJ_QW%		E[YRSI^_NP2
@IBDXWVO AYQATK_ENLP%
TBVRUJ]A@NAYRI@QVJW\NXDGJ^KXD\\[[	ANKS[WXAN QNYQN]@@N<
 @TWDO	,PF@U@\[[RRACQ		[JWYRJC_IT2KAYRI\A@SS3XIEXTIAR AYJ^B[BSB	,AEJ^K]@]@UAYH]_NZOVPOCCZQ	CNVEKSSSUNER_^RJC_IGKOJ^^GISOA 	.\OVSJ_Q	P 7	NMHQSS@Q]C@TNEQQFDXHX
	<		ANKS^UDO	nIOJ]\GJOASX]U\^^NXT 7]NMHSSRUNSX_KJICXJ	_UCQ[TI\_N@ZOVPBDC[Q	ANVEATSSUN1F @@BCG% [YRQI\@SS]]O	
IL]TJAR	
 <	C@TWX_@@R+
CNVFISPO[LS[]^QL_QW%		F[YRSI]_NLV[ANZQNXHX JAYPLXC\]@T^@@@F_CXJ	]UCPVWI\_NP8QIZ_V
	/AYH^C\NLSJW@_VRUJX@\@U,ER\\RH_QW%		D[YRSI__NPJWYSJDF[Q3	RAC]C\@NLYJW]VVQ]F@]\NP[VG^AR^E AQQADXTVO RAYM^C\ANLW3IEXHX	(NI]CR^HKJ\Y@@QI XWA_\GIOA
=L_NXKCCYQ3	PAC]C\BNLE@@FFXEDDF	&]QV@R^KJ@@BFGRV\[[	@NKVVWXANQN\\M]@@NHNIXIU^KJ,  XJ^K]\N
< 	SX_WX@@KEQQJQNVFLVSSUN
A8HQIZCFDF	&_QV@R^KJQQJCPTLAR	
 <	@@TWX\@@QQ EXJUCSOAQLR]Y\RVQ
]ZF@XEX\GUA]SX[ SX]@@ n OJ]\[[3]Y_\R_QZQNF 	[YR[I\C@SS3YIEXTHAR	
 <	B@TWX^@@
CQN^]KY@X@U,ER\\RK_QGQNYSVO AYI@QPTJWZPJCCG_RVZEISSO[ _]^_\RJ_Q	P 7 NMHSOA 	.YOVSHCCQEPF@R	AC^B\ARB	,AFJ^K]@^@U,ER\\RI_Q^F@ZD\ZBOOA
=L\NXKCCZQF@\H@N NI\]@T_@@EK\CXJ	^UCU[TI\_N@YOVTBDC[Q	2AYRI@Qj	XIBYC	DFKTRVUQVCV[WDO	nHOJ]\GKOA
=L^NXKCCXQRVTCMSUTUN
A8KQIZCEDFRV]NUASX^E @QQF@XTVO QAYNYG\ANLC	SXID^CDDF	3
[VB\]@T2IBFXTAR^\UCA@T_X]\NXT 7^NMHSSQUN
A8IQIZCGDF
	UC[Z[K^E@SS3ZIEXTKAR UCQSO[ ]XANQNPVK]@@NKNITCS^KJBIKFYTJAR< NKS^E
%DVRUH]@@UKRAYN QER^]WJC_IT2KAYRI\A@SS3XIEXTIAR AY@YG\CRB	,AEJ^K]@]@UAYK]_NZOVRVQ
][F@\CTZGIOA 	C@TTP[\RVQ
]YF@\CTZGIOA3	YJW]RVQ
B+NVFASSUNA^SX	QIXFDXHX
	<		ANKS^UDO	nIOJ]\GJOASX_PXX]WVQW; 	]UCRSSH@Q @TUDO IDDF	D[YRZL^C\]@T^@@BJ^CDDF	F[YRZL^C\]@T2	IBDDF	3[VBTAREZ^NXQAF@^IY\GUA	.EZOVSJCAG/PAYH\C_]@ZNXKB@ZBBDF	&]QV@R^KJ@@A@GRV\[[	@NKP[_X]@@TAVRVO\H\\[[	BNKP[_X]@@ n OJ]\[[3]YU\R_QYQNF 	[YWWI\C@SS3YIEXTHAR	
 <	B@TWX^@@
CQNYVOZE^X[[3PVJW]RJB_I]VRVNAR AC\_N@[OVQJKG[_V^NMJS[WI\_N@YOVQJKG[_V
	/AYH\_NP8 QIZ	CDHX_ENV[NKVWWXANE, _RV]GIQOA
	1A_@@BC[_VNVFJQPRJ]_NP2
BIBDXUVONMKVOA	LWDOXIG^QJ]@@NKNI_GW^WDOZIG^QJ]@@N<
 @TWDO	,PF@\H\\
UAQU[VNP	OVWIFC[Q3	QAC]C\CNLP%
T@VRUJ]C@N[VB_HR]SDO	nKOJ]\GHOANI^GNL@		XICG^RVXEHUSSUNERY^SLCCG\RVXEHUSSUN1F @@BCG% [YR[I\@SPY]O	
IAPQJ]\N	 &
PLVX]^NXT 7_NMHSSPUN]YX^[MEEG/RAYH\C]]@CER_[NX^J^JARPACXDTCR^E AQQDLZTJARRACXDTCR^E
% ]VRUJAR<NKSVWANPBQI	RVZCISSO[	
j	PXIB[AXJ(JNI]AR]EQIZCEQUOAR	
 <	@@TWX\@@QQKXJUCSOAQLR[YTRJ_QPVXWE_XOISOASLR[YTRJ_Q	P 7 NMHSOA 	.YOVSBCCQFQF@R	ACZJYARB	,AFJ^K]@^@U,ER\\RI_Q^F@\GY]FKSOA
	1A]@@BC[ _VXWBU@UQVANLC	QXIFR GDXHX KAYV@]G\ANLC	SXIFR GDXHX	(

NI]ANLW3IEPTJ\N_G[YA	LP]X\RVQW; 	^UCRSSK@Q	V7@QQ CD[HX	[YR[KTB[GNLP%
TBVRUJ]A@NAYPI@QVJW\NXDGJ^LYH\\GUA^SXX_X]\NXDEJ^LYH\\GUA
	,YER\\NXT,	RV]OISO[_BNKLPXIKZCDDF	&^QV@R^KJ
4E
WXWA\\DUA	NKSWQP[[NXT 7]NMHSSRUNSX]KJICXJ	_UCTZTO\C@SY_NXMJD]CXJ	]UCTZTO\C@S F7QQ CXJ3AC^G\ABTZOVXTJ^BZE\\[[3PUJW]RJA_IT2JAYRI\@@SBOVPJEJZEXJ(HNI]AR_ENXIA_IDOJ\@U_QVHVYWXANQNQPM_@\@U]QVHVYWXAN  4BXWA\@U& LU\]\VQ@XIJUCZWSI\_NP2
AIBDXVVO

< _SX_W[ANIFYQHZEX@U,ER\\RK_QGQN[WVO AYI@QPTJW]RCEK[_V^NMHSZUA\C@SY\NXKCJ]	CDDF	3
[VB\]@T2IA@XTAR_XUCA@TWY]\RVQW; 	^UCRSSK@Q	V7@QQ CD[HX	[YQPKXKYGNLP%
TBVRUJ]A@NAYPM@QVJW\NXDGJ^K_DZXGIOA 	C@TU\[XRJ_QPUXWA^XAMSSO[=^NXKC_IS;	UCQWSI_NBWLJIBDPTJ]\N	 &
PLVX]^NXT 7_NMHSSPUN]ZY]QIECG/RAYH\C]]@CER^YNX^J^JARPAC]@UGR^KJAIBGQRJ]@@NHNI]B[XWXAN  4BXWA\@U& LU\]\VQ@]IJUCRRVI\C@SS3YIEXTHAR	
 <	B@TWX^@@
CQNZQJ^E\\[[3PVJW]RJB_I]VRWLAR AC\_N@[OVSOGF]CXJ	^UCRVWLZC\]@T]@@BF_EDXHX	(

NI]ANLW3IF\TJ\N_@[YA	LVZ_YRJ_QW%		E[YRSI^_NP2
@IBDXWVO AYQOTKZITB	,AEJ^K]@]@UAYJ[_NZOVRVQ
][F@\FUYEISOAPLV^TYPJC_IGKOJ]ZNLQSSUN1F @@BCG% [YQWI\@SQV]O	
IE[TJ]@@N 3\]Y]\PVQW; 	_UCRSSJ@QGER_[ZID@YQ3	RAC]C\@NLYJW_ZVQ]F@]\NP[VBTEVVWDOYIEPPNU@\@U]QV@ZZ_X]@@ n OJ]\[[3]ZY\R_QXQNF 	[YRPA\C\]@S=
QNYTJ_\N	 &
QLVX]_NXTVRVCZH[_FUA	.EYOVSJCBGJ^IT\N [VC@SY^NXKJJ_CDDF	E[YRZ@XG\ANLC	SXIBRG@XTVO&
 QV@RB		=TQNZPJ]@NCIAY[	
]YYZRJC_IT2KAYRI\A@SS3XIEXTIAR AYJ\DTGZZE
,HYF@\@\][[ACXC@S YNXJ_QPWXWB]XCISSO[ \]Z\XVJCCG\RV^FMWSSI@Qj XIB[Q	2 AYQM\C]@ZERNUQNYQN]@\@U,ER\\RH_QW%		D[YRSI__NPJW_SBCA\_V3 R[VB\ASBOVVK_Q_XW@@NJNI^DTWWXANQNZQLTF\\[[	BNKP[^^]\NXT,RV]GUA
	,PER^\RJ_IAVRX	AYRO_C\ANLP%
TAVRUJ]B@N 3]]Y]\QVQFJ^I^HT_BLOA
=L\NXKCCZQF@YB@N NI\]@T_@@AJRADXHX KAYQ@UF^ARB	KQIYJAZTJAR< NKS^E
%DVRWJ]@@UMPAYN QER\[SOCCG/QAYH\C^]@S=
QNYTJ^\NAC_GUEZ[KJ
4E
UXWA\\FUA[VG_]@[@@C_IGIOJ_XEI[SSUNER^XPJKC[Q	ANVDMQS[I\_NP8QIZ_V
	/AYJ\C\NLSJW@_VRUB]E\\[[3PUJW]RJA_IT2JAYRI\@@SBOVQMBA\EXJ(HNI]AR_ENXNG_IDOJ\@U_QVBZZSX]@@TAVRWBYFX\GUA]SX]S^Y\RVQ
B+NVFIOA3@JW_RJCGGAJ^OAYHUC\ARB	,AFJ^K]@^@U,ER\\RI_Q^F@^H^XFMTOA
	1A]@@BC[ _VXWDY@UQVANLC	QXIGYADXTVO QAYM^D^AR^E BQQACZTJ]\N
< SX_KJ,
]J^I]@\[[WUACQ		[JW][CFC[Q3	QAC]C\CNLP%
T@VRUJ]C@N[V@UBU_SDO	nKOJ]\GHOANIXGNL@		XICG^RVXA@TUSI@QPUJWXTCDE[_V]NMMUZTO\C@S F7QQ CXJ3AC_C\ABS_OVXTJ^H]I\\GUA	.EZOVSJCAG/PAYH\C_]@ZNXNBES E@DF	&]QV@R^KJ@@GDGRV\[[	@NKW_TZ]\NXDFJ^O\B_^GIOA 	@@T VZ^^RJ_Q	P 7 NMHSOA 	.YOVQJCCQ@PF@R	AC^BUAR^E
,HZF@\@\^[[3PTJW]RJ@_IAXWD^TAHSTO[	
j	SXIB[BXJOJXT[[NKRB	IQI^GLPTJARQACYFXIZ^KJBIFA\\B]@@N<
 @TWDO	,PF@^@\\
UAWZ[VNP	OVPHJC[_V3 Q[VB\APB	,AGJ^K]@_@U	NIXDPXWXANE, \RV]GIROAQVE[BQI[Q	CNVB@TWWI\_N@ZOVWCDG_CXJ	]UCVZTMXC\]@T2	IBDDF	3[V@\ARE]]NXQAF@_CUYGIOA
=L_NXKCCYQ3	PAC]C\BNLE@@GE_DAXHX
	<		BNKS^VDO XIF[QNVGUA_SXXWX]\RVQ
]ZF@[D\\GISOASLQ\]\RJC_IS;	  UCRSO[=TNXICC[L_V]UXWN		[VAYAR^KJ
4E
VXWA\\EUA	.E[OVSJC@GOJXZ@HSSSUN
A8KQIZCEDFRVYFUASX^E @QQKF]RJ]\NQ[VETCWXWDOZIBPVO[@\@U&LVXAN  4GXWCY\GOAVKNISE	NXHEC^CXJ(KNI]AR\E
,H[F@\@\_[[QVE[\WX]@@R+
ANVFISRO[ NKW\E QQ_V_NMNQVRK\C@SY_NXMAFZCDDF	F[YTQL]A\ANLW3IEXHX	(NI_DR^HKJX_@@QI XWB[]GISOA
	1A^@@BC[_V3 P[VB\AQB	XIF[KDXTVO

< ]SX_WYANQI^_V
NMIOA 	B@TQ_[TRJ_QPVXWGZ[AASSO[ _]_[[TBCCG% [YRSUN1C	@@@F[XJQNOJNNI^IS[WDO	nHOJ]\GKOA
=L^NXKCCXQRVYDJRSSI@Q	V7BQQ CDYHXNVBMOA @TKJ@IKEXVN]@@NKNIT@R\WXAN QNPUJ_D\\[[3 ]Y]@@ nOJ_YGIOALYQV
@M@@AJYFDDF	&^QV@R^KJ
4E
WXWA\\DUA	NKWZVX]\NXT 7]NMHSSRUNSX[ KJICXJ	_UC[VQA\C\]@T^@@KFY	CDXHX HAY[L^K\ARB		=	]QNYTVO&	QVBW^DOYTXIIT
OJ_\DJSSO[	
j	PXIB[AXJ(JNI]AR]EQI^BAXTJAR	
 <	@@TWX\@@QQEXJUCSOAQL_QX_TJC_IGHOJTUBJUSSUNERUUWIEC[Q	2AYRI@Qj	XI@^C	DFOZRVUQVBSZWXANE, _RV]GIQOA
	1A_@@BC[_VNVB@RRSI\_NP2
BIBDXUVONMLTOA	LWDOXIM[SC_@\@U^QVHQYUX]@@TBVR]IZI^\GUA
	,YER\\NXT,	RV_BISO[YKNKLPXI@YFDXHX
	<		ANKS^UDO	nIOJ]\GJOASXXQ[]\RVQW; 	]UCRSSH@Q @T _DO IDDF	D[YZ[IXK\ANLC	PXIJSGLXTVO RAY@TCXIR^E
% ]VRUJAR<NKQ[WANWCQI	RV_DATVSUN
A8HQIZCFDF	&_QV@R^KJQQ@C_TJ]\N	 &
SLVX]]NXIFMDF[YSO[ ]]Y]^QJGC[Q	BNVFIQPSM\C@SY\NXKCAXGDXHX	(

NI]ANLW3IG]TJ\NZG[YA	LT]\YRJ_QW%		E[YRSI^_NP2
@IBDXWVO AYUL_K\ARB	,AEJ^K]@]@UAYO\_NZOVRVQ
][F@\@ZYAISSO[ \]Y]ZWLCC[Q	ANVFIUVUI\C@S F7QQ CXJ3ACXC\ABQYOVXTJ^I[DT\GUA	.EZOVSJCAG/PAYH\C_]@ZNXLDCYCDDF	&]QV@R^KJ@@EBGRV\[[	@NKS__Y[\RVQ
]ZF@\A\TFOSSO[ _]Y\\ZKEC[Q	2AYRI@Qj	XIG[C	DFL_RVUQVBUVWXANE, _RV]GIQOA
	1A_@@BC[_VNV@IPZSI\_NP2
BIBDXUVONMOQOA	LWDOXIEYQJZB\\[[	ANKS_ W__\RVQ
]YF@\AY\@KSSO[=^NXKC_IS;	UCWSSI_NGQLJI@M[VO]\N	 &
PLVX]^NXT 7_NMHSSPUN]__]PJCCG/RAYH\C]]@CER[_NX^J^JARPAC]BUBPVWDOYIEY]I_H\\[[	BNKS_TZU\RVQ
B+NVFIOA3@JWXRJCGE@J^OAYM\KYARB	,AFJ^K]@^@U,ER\\RI_Q^F@ZEZ[GISOA
	1A]@@BC[ _VXWFX@UQVANLC	QXIBYFL\TJARQAC]A_DZZWDOZIEZWOUD\\[[3 ]Y]@@ nOJX\GIOAOYQV
@M@@GA_CDDF	&^QV@R^KJ
4E
WXWA\\DUA	NKUY^X]\NXT 7]NMHSSRUNSXX KJICXJ	_UCRQTAXC\ANLC	PXIBYK@XTJARRAC]A[IV^WDO	,ZF@\@@N<@TWX]NXEEIV
NMMWRPI\_NP2
AIBDXVVO

< _SX_W[ANICQWN]@\@U,ER\\RK_QGQN^RVO AYI@QPTJW]QHCJ]CXJ	^UCRPQIUE\ANLC	SXIBXCM^TJAR< NKS^E
%DVRPJ]@@UOTAYN QERYYZCFCG/QAYH\C^]@S=
QNYTJ^\NACT@]CR^KJ
4E
UXWA\\FUA[VE[]@[@@C_IGIOJ]_AJVQSI@QPUJW]QL@FYCXJ	]UCRPUJYA\ANLW3IEXHX	(NIXAR^HKJ[T@@QI XWD[[BISOA
	1A^@@BC[_V3 P[VB\AQB	XIK^FDXTVO

< ]SX_WYANQI]	_V
NMIOA 	B@TSX[\ZJC_IGHOJ]XGOS[SI@QPVJW]VJECSCXJ3AC]C@S F7QQCDXVOFUNMA		SXZPX]\NXT 7^NMHSSQUN
A8IQIZCGDF
	UC[ZSH\C\]@S=
 QNYTJ\\N [YUZUN^ER]@@T@VRUNYHZXGIOA 	C@TS\UZVJC_IGKOJ]XCAUWSI@Qj XIB[Q	2 AYWI\C]@YERNUQN]UMX@\@U,ER\\RH_QW%		D[YRSI__NPJWUSJ@C[_V3 R[VB\ASBOVUJ_Q_XW@@NJNI]E[_WX]@@TAVRUNTA^\GIOA 	@@TSQ\^RJC_IS;	  UCRSO[=TNXNCC[L_V_UXWN		[VF_HR[KJ
4E
VXWA\\EUA	.E[OVSJC@GOJU_G@SSSUN
A8KQIZCEDFRV[FUASX^E @QQ FG[SL]@@NKNI]DQ]QX]@@TBVRUO^C[ZGIOA3	YJW]RVQ
B+NVCJSSUND^SX	QI^BCXTVO

< ^SX_WZANE, ^RV]GIPOA		@TPZU\RJ_QW%		F[YRSI]_NLPZANZQNXHX JAYRL[E_CR^E AQQ FC^WH]@@NHNI]DUXUX]@@ n OJ]\[[3]\^\R_Q\QNF 	[YV[LYC\]@S=
QNYTJ_\N	 &
QLVX]_NXTVR]CYB\\GUA	.EYOVSJCBGJ^M^\N [VC@SY^NXKEBS	KDXHX KAYRO]KTIR^E BQQ EEP\B]@@N<
 @TWDO	,PF@YC\\
UATW[VNP	OVTKCF[_V3 Q[VB\APB	,AGJ^K]@_@U	NI]AQYWX]@@R+
ANVFISRO[ NKUZE QQ_V_NMHUURMXC\]@T^@@BE] G@XTVO RAYHZE]EV^KJ,  XJ^K]\N
< 	SXZWX@@MFQQJQNVAJUTVI@Q	V7AQQ CDZHX
	<		@NKS^TDOIBD^TH]@\@U,ER\\RK_QGQN_QVO AYI@QPTJW]UJGC[CXJ	^UCRTSM\C\ANLC	SXIB\GDXTJAR< NKS^E
%DVRPI]@@UNUAYN QER[ZVICCG/QAYH\C^]@S=
QNYTJ^\NAC]CTCU^WDO	nKOJ]\GHOANI[GNL@		XICG^RV]@MUVUI\_N@ZOVSMGE^CDDF	F[YRTMZFZARB		=	]QNYTVO&	QVEQ^DO[UXIIT
OJZUDKSSO[	
j	PXIB[AXJ(JNI]AR]EQIZ ALPTJ]\N	 &
SLVX]]NXIDCDF[YSO[ ]]YZT[KAC[Q	BNVFN[ZRK\C@SY\NXKDKR ADXHX	(

NI]ANLW3I@[TJ\N[O[YA	LPZ^YRJ_QW%		E[YRSI^_NP2
@IBDXWVO AYRHYA^AR^E
,HYF@\@\][[AC[K@S YNXJ_QPWXWAT_FO[SSUNER\TQKEK[_V]NMH[PROTC\]@T2	IBDDF	3[VG_ARE_TNXQAF@ZEY^BIOA
=L_NXKCCYQ3	PAC]C\BNLE@@BA[CDXTVO

< ]SX_WYANQI\_V
NMIOA 	B@T__Y^VJC_IGHOJ]T@MQWSI@QPVJW]ZMGA_CXJ3AC]C@S F7QQ@DXVOH\NMA		SXY_]]\NXT 7^NMHSSQUN
A8IQIZCGDF
	UCRQQMXC\ANLP%
TBVRUJ]A@NAY[I@QVJW\NXDGJ^KTAZTGISOAPLVQ\ZZJCCG\RV]NHU[SI\_NP8QIZ_V
	/AYM_C\NLVJW@_VR\H^C\\[[3PUJW]RJA_IT2JAYRI\@@SBOVSHGJ[CDDF	&]QV@R^KJ@@KBGRV\[[	@NKSW ^[[\RVQ
]ZF@\IYUDOSSO[ _]YTY[IEC[Q	2AYRI@Qj	XIG]C	DFB_RVUQVIWWWXANE, _RV]GIQOA
	1A_@@BC[_VNVFKZZRI\C@SS3ZIEXTKAR UC[QO[ ]XANQNZTJ\I^\GUA^SX\WYT^RJ_QPUXWB\\F@QSSUN1F @@BCG% [YWUI\@SZ]]O	
ILQSMX@@N 3\]Y]\PVQW; 	_UCRSSJ@QGER\_PNDC[_V3 R[VB\ASBOVZI_Q_XW@@NJNI^AVZ_X]@@TAVRVJYDXTGIOA 	@@TW\YXZJC_IS;	  UCRSO[=TNXNEC[L_VPPXWN		[VJ_FW^KJ
4E
VXWA\\EUA	.E[OVSJC@GOJ]_@OUSSI@Q	V7BQQ CDYHXNVOMOA @TKJ@IADPSJY@\@U^QVCRVW\]\NXDEJ^H]H[\CISOA 	.\OVSJ_Q	P 7	NMMUSS@QTD@TNEQQDMXTJAR	
 <	C@TWX_@@R+
CNVFISPO[LV\]_RJCCG/RAYH\C]]@CERUYNX^J^JARPAC^B^HT^WDOYIFYVC[@\\[[	BNKP_^^]\RVQ
B+NVFIOA3@JWXTJCGKBJ^OAYH\A^BR^E
,HZF@\@\^[[3PTJW]RJ@_IAXWAX^NOSSSUN
A8KQIZCEDFRVTAUASX^E @QQBCZUL]@@NKNI^@U\QX]@@TBVRVKZB]ZGIOA3	YJW]RVQ
B+NVCOSSUNK[SX	QIZEC\QJAR	
 <	C@TWX_@@R+
CNVFISPO[LV\U_[JCCG/RAYH\C]]@CERU[NX^J^JARPAC^A]EU\WDOYIFZUNZB\\[[	BNKP\S__\RVQ
B+NVFIOA3@JWXTJCGKLJ^OAYH]BXDR^E
,HZF@\@\^[[3PTJW]RJ@_IAXWAY]FLSSSUN
A8KQIZCEDFRVTOUASX^E @QQAA_VB]@@NKNI^CWY_X]@@TBVRVHXG^TGIOA3	YJW]RVQ
B+NVCOSSUNKUSX	QIZ EG]TJAR	
 <	C@TWX_@@R+
CNVFISPO[LV][[WJCCG/RAYH\C]]@CERUUNX^J^JARPAC^AUHZZWDOYIFZ]CUD\\[[	BNKP\^PY\RVQ
B+NVFIOA3@JWXTJCGJDJ^OAYH^BXDR^E
,HZF@\@\^[[3PTJW]RJ@_IAXWAYUB@SSSUN
A8KQIZCEDFRVUGUASX^E @QQ@@ZPJ]@@NKNI^BV\WX]@@TBVRVIYBX\GIOA3	YJW]RVQ
B+NVCOSSUNJ]SX	QIZEC]QJAR	
 <	C@TWX_@@R+
CNVFISPO[LV^_XTJCCG/RAYH\C]]@CERT]NX^J^JARPAC^@TE[XWDOYIF[\NTF\\[[	BNKP]SQ[\RVQ
B+NVFIOA3@JWYRJCGJFJ^OAYH_A^FR^E
,HZF@\@\^[[3PTJW]RJ@_IAXWAZTDISSSUN
A8KQIZCEDFRVUEUASX^E @QQGF_QH]@@NKNI^EPY UX]@@TBVRVN_GY^GIOA3	YJW]RVQ
B+NVBISSUNJ_SX	QIZKDXTJAR	
 <	C@TWX_@@R+
CNVFISPO[LV_\^TJCCG/RAYH\C]]@CERT_NX^J^JARPAC^G[ARVWDOYIF\SJ]H\\[[	BNKPZWXU\RVQ
B+NVFIOA3@JWYRJCGJ@J^OAYHX@UDR^E
,HZF@\@\^[[3PTJW]RJ@_IAXWA[[ENSSSUN
A8KQIZCEDFRVUCUASX^E @QQFEZRN]@@NKNI^DS\SX]@@TBVRVO\BZXGIOA3	YJW]RVQ
B+NVBISSUNJYSX	QIZCEZQJAR	
 <	C@TWX_@@R+
CNVFISPO[LVP]_PJCCG/RAYH\C]]@CERTYNX^J^JARPAC^FYDP^WDOYIF]QO_@\\[[	BNKP[ RZ]\RVQ
B+NVFIOA3@JWYRJCGJBJ^OAYHYEYBR^E
,HZF@\@\^[[3PTJW]RJ@_IAXWAT_CISSSUN
A8KQIZCEDFRVUAUASX^E @QQFM_SL]@@NKNI^D[YQX]@@TBVRVOTG[ZGIOA3	YJW]RVQ
B+NVBISSUNJ[SX	QIZ@E_TJAR	
 <	C@TWX_@@R+
CNVFISPO[LVPTZWJCCG/RAYH\C]]@CERT[NX^J^JARPAC^EXAQ\WDOYIF^PJ^B\\[[	BNKPXW[_\RVQ
B+NVFIOA3@JWYRJCGJLJ^OAYH[C\DR^E
,HZF@\@\^[[3PTJW]RJ@_IAXWAU^OKSSSUN
A8KQIZCEDFRVUOUASX^E @QQELZ\B]@@NKNI^GZ\_X]@@TBVRVLUBTTGIOA3	YJW]RVQ
B+NVBISSUNJUSX	QIZDE_QJAR	
 <	C@TWX_@@R+
CNVFISPO[LVQT^VJCCG/RAYH\C]]@CERTUNX^J^JARPAC^D^DVZWDOYIF_VOYD\\[[	BNKPYR\Y\RVQ
B+NVFIOA3@JWYRJCGBDXF@R	AC]KXDW^KJ
4E
VXWA\\EUA	.E[OVSJC@GOJ^\ELSSSI@Q	V7BQQ CDYHXNVFISOA	LWDOXIF_RB]@\\[[	ANKPY_X]\RVQ
]YF@_GZTGISSO[=^NXKC_IS;	UCVSSI_N@R_]O	
IEQUC_E\@U,ER\\RH_QW%		D[YRSI__NPJW^ROEA[CXJ(HNI]AR_ENXKCBGRV\[[	@NKPVW][\RVQ
]ZF@_H]\BOSSO[ _]ZU]ROEC[Q	2AYRI@Qj	XIF[C	DFK]BNV[NKSWTX]\NXT 7^NMHSSQUN
A8IQIZCGDF
	UCQS[N_C\ANLP%
TBVRUJ]A@NAYRI^_NZOVRVQ
][F@_HY_FKSSO[ \]ZUYQKAC[Q	ANVEAVPRK\C@S F7QQ CXJ3ACYC\ABVX^NXQAF@_@ZZ@LSOA
	1A^@@BC[_V3 P[VB\AQB	XIAZ KAXTJAR	
 <	@@TWX\@@QQ CGDF[YSO[ ]]ZUUWLKC[Q	BNVEAZVUA\C@SY\NXHKJ^KDXHX	(

NI]ANLW3IAXTJ\N]GMAY[	
]Z\XROCCG/QAYH\C^]@S=
QNYTJ^\NAC^BXHT^WDO	nKOJ]\GHOANI]AVBQI[Q	CNVE@P[QM\C@SY_NXHJ@SGDXHX HAYQ@_K^ER^E
% ]VRUJAR<NKW^WANSJFQQJQNVEKRWQL\_NP2
AIBDXVVO

< _SX_W[ANIFY\JZ@\\[[3PVJW]RJB_I]VRUJX\N [VC@SY^NXHJK[	CDXHX KAYQ@TCTAR^E BQQJLX\J]@@N<
 @TWDO	,PF@X@\\
UARSONISE	NXHAKSCDDF	&^QV@R^KJ
4E
WXWA\\DUA	NKP\VQ]\RVQW; 	]UCRSSH@Q @TW^ANZQNXHX JAYPI^@_GR^E AQQCF[WL]@@NHNI_AP]QX]@@ n OJ]\[[3]]]\R_QZDVRX	AYQJZB[DRB	,AFJ^K]@^@U,ER\\RI_Q^F@_BX_GISSO[	
j	SXIB[BXJOJ]\@UASX^E @QQCB]]H]@@NKNI_AT[UX]@@TBVRWJ[EU^GIOA3	YJW]RVQ
B+NVBISSUNB\I@TNEQQGG]QJ]\N	 &
PLVX]^NXT 7_NMHSSPUN]Z_[VKCC[Q3	RAC]C\@NLYJW]RB_Q_XW@@NJNI_@RV_X]@@TAVRWK]HXTGIOA 	@@TVXUXZJC_IS;	  UCRSO[=TNXOCC[L_VYTCOJNNI^DRWRXANE, _RV]GIQOA
	1A_@@BC[_VNVEJSVPI\C@SS3ZIEXTKAR UCRSZUN^ER]@@T@VRWKXA\XGIOA 	C@TV]\\VJC_IGKOJ_]BHSWSI@Qj XIB[Q	2 AYVI\C]@_WJW@_VRVOUC\\GUA	.EZOVSJCAG/PAYH\C_]@ZNXH@@]CDXHX
	<		BNKS^VDO XIBZ_V
NMIOA 	B@TVQ^ZRJC_IGHOJ_]NJUSSI@QPVJW_SC@E[CXJ3AC]C@S F7QQCDXVOA]]UCA@TQ][[WJ_QW%		E[YRSI^_NP2
@IBDXWVO AYQJZDYAR^E
,HYF@\@\][[AC]B]]@[@@C_IGIOJ_^DORUSI@QPUJW_PIEB]CXJ	]UCPQPO]E\ANLW3IEXHX	(NIYAR^HKJ\]PXIIT
OJ^[DIVSSUN
A8HQIZCFDF	&_QV@R^KJQQ@MPSJ]@@N 3_]Y]\SVQIEYVVO AYI@QPTJW_PMKDYCXJ	^UCPQTA[A\ANLC	SXI@YKCZTJAR< NKS^E
%DVRQJ]@@UHRPACQ		[JW^ZJGA^_V3 Q[VB\APB	,AGJ^K]@_@U	NI^EPWWX]@@R+
ANVFISRO[ NKS_KJICXJ	_UCPPQH^K\ANLC	PXI@XBFPTJARRAC_@^@PVWDO	,ZF@\@@N<@T WX]NXBB_IJUCQ[TA\C\]@S=
QNYTJ_\N	 &
QLVX]_NXTVRVN[A\\GIOA
=L\NXKCCZQF@\AX@UQVANLC	QXI@X@L\TJARQAC_@ZBZZWDOZIG[RIUD\\[[3 ]Y]@@ nOJY\GIOAH]FNKLPXIARBC]TVO

< ^SX_WZANE, ^RV]GIPOA		@TSQ_]RJC_IT2HAYRI\B@S]Y\YNX^J^JARPAC_G\GV^WDOYIG\TLY@\\[[	BNKQZQ\]\RVQ
B+NVFIOA3@JWYRJCGBE^F@R	AC_C^DW^KJ
4E
VXWA\\EUA	.E[OVSJC@GOJ^YEJQSSI@Q	V7BQQ CDYHXNVFHUOA	LWDOXIG\PBTF\\[[	ANKQZ_Q[\RVQ
]YF@^DXTNOSSO[=^NXKC_IS;	UCVSSI_N@SY]O	
IGX]C_E\@U,ER\\RH_QW%		D[YRSI__NPJW^WOGG[CXJ(HNI]AR_ENXKBDGRV\[[	@NKQZV]_\RVQ
]ZF@^DU]BKSSO[ _][YUSOAC[Q	2AYRI@Qj	XIF[C	DFK\HNV[NKQ_TX]\NXT 7^NMHSSQUN
A8IQIZCGDF
	UCQV[LYC\ANLP%
TBVRUJ]A@NAYRHT_NZOVRVQ
][F@^E_XGASSO[ \][X_VJKC[Q	ANVDLPWSA\C@S F7QQ CXJ3ACYC\ABVYTNXQAF@^BXZ@LSOA
	1A^@@BC[_V3 P[VB\AQB	XIA] EBXTJAR	
 <	@@TWX\@@QQ BMDF[YSO[ ]][X[TLGC[Q	BNVDLTUUM\C@SY\NXIFD]GDXHX	(

NI]ANLW3IAXTJ\N]EIAY[	
][^^ROCCG/QAYH\C^]@S=
QNYTJ^\NAC^EXFZ^WDO	nKOJ]\GHOANI]CRBQI[Q	CNVDORZQI\C@SY_NXIEBRCDXHX HAYPO]J^AR^E
% ]VRUJAR<NKW^WANSHBQQJQNVDJZWQL\_NP2
AIBDXVVO

< _SX_W[ANIF^SBT@\\[[3PVJW]RJB_I]VRUH\\N [VC@SY^NXIEEZEDXHX KAYPOZB[GR^E BQQEBYSL]@@N<
 @TWDO	,PF@X@\\
UARQKNISE	NXIGESCDDF	&^QV@R^KJ
4E
WXWA\\DUA	NKPYWX]\RVQW; 	]UCRSSH@Q @TUZANZQNXHX JAYPN\G_CR^E AQQDD\WH]@@NHNI_FRZUX]@@ n OJ]\[[3]]]\R_QZ@VRX	AYPLXB[DRB	,AFJ^K]@^@U,ER\\RI_Q^F@_GX]EISSO[	
j	SXIB[BXJOJ]^DUASX^E @QQD@^\B]@@NKNI_FVX_X]@@TBVRWMYFTTGIOA3	YJW]RVQ
B+NVBISSUNB^E@TNEQQEE]QJ]\N	 &
PLVX]^NXT 7_NMHSSPUN]ZZ[PICC[Q3	RAC]C\@NLYJW]PN_Q_XW@@NJNI_FZWSX]@@TAVRWMUIXXGIOA 	@@TPPTXVJC_IS;	  UCRSO[=TNXOCC[L_VYVOOJNNI_GZWRXANE, _RV]GIQOA
	1A_@@BC[_VNVEASPWI\C@SS3ZIEXTKAR UCRQVUN^ER]@@T@VRWB^B\\GIOA 	C@T_[_\RJC_IGKOJ_TDKSSSI@Qj XIB[Q	2 AYVI\C]@_QJW@_VRWM[C\\GUA	.EZOVSJCAG/PAYH\C_]@ZNXHK@_CDXHX
	<		BNKS^VDO XIBY_V
NMIOA 	B@T__YYTJC_IGHOJ_T@MVUSI@QPVJW_ZMGF]CXJ3AC]C@S F7QQCDXVOA^[UCA@T_[[[WJ_QW%		E[YRSI^_NP2
@IBDXWVO AYQAZF[AR^E
,HYF@\@\][[AC]A[]@[@@C_IGIOJ_UFNRQSI@QPUJW_[KDBYCXJ	]UCPZRN]A\ANLW3IEXHX	(NIYAR^HKJ\^ZXIIT
OJ_UFIVSSUN
A8HQIZCFDF	&_QV@R^KJQQKM^]J]@@N 3_]Y]\SVQIEZ\VO AYI@QPTJW_[OJESCXJ	^UCPZV@ZK\ANLC	SXI@RJBPTJAR< NKS^E
%DVRQJ]@@UHQZACQ		[JW_[BGA^_V3 Q[VB\APB	,AGJ^K]@_@U	NI^HPVWX]@@R+
ANVFISRO[ NKS\KJICXJ	_UCWSSK^G\ANLC	PXIG[AF\TJARRACXC\CPZWDO	,ZF@\@@N<@T WX]NXB@[IJUCWSVA\C\]@S=
QNYTJ_\N	 &
QLVX]_NXTVRVCXI]\GIOA
=L\NXKCCZQF@\C\@UQVANLC	QXIG[GLXTJARQACXCXEZ^WDOZI@XPNU@\\[[3 ]Y]@@ nOJY\GIOAH_BNKLPXIGZBC]TVO

< ^SX_WZANE, ^RV]GIPOA		@T^Q]_RJC_IT2HAYRI\B@S]Y^]NX^J^JARPACXCTFQXWDOYI@X\M^F\\[[	BNKV^P[[\RVQ
B+NVFIOA3@JWYRJCGBGZF@R	ACXA\DW^KJ
4E
VXWA\\EUA	.E[OVSJC@GOJ_\EHWSSI@Q	V7BQQ CDYHXNVFJQOA	LWDOXI@YVCTB\\[[	ANKV_^Q_\RVQ
]YF@YA^UNKSSO[=^NXKC_IS;	UCVSSI_N@Q]]O	
I@ZSC_E\@U,ER\\RH_QW%		D[YRSI__NPJW_ROAF[CXJ(HNI]AR_ENXK@@GRV\[[	@NKV_U\U\RVQ
]ZF@YA[^CASSO[ _]\\[PNKC[Q	2AYRI@Qj	XIF[C	DFK^DNV[NKV] TX]\NXT 7^NMHSSQUN
A8IQIZCGDF
	UCPS[J[C\ANLP%
TBVRUJ]A@NAYRJX_NZOVRVQ
][F@YB]YGMSSO[ \]\_]WJGC[Q	ANVCKRVSM\C@S F7QQ CXJ3ACYC\ABV[XNXQAF@YD^Z@LSOA
	1A^@@BC[_V3 P[VB\AQB	XI@Z GLXTJAR	
 <	@@TWX\@@QQ @ADF[YSO[ ]]\_YULCC[Q	BNVCKVTUI\C@SY\NXNAF\CDXHX	(

NI]ANLW3IAXTJ\N]DOAY[	
]\X\ROCCG/QAYH\C^]@S=
QNYTJ^\NAC_BXD[^WDO	nKOJ]\GHOANI]BTBQI[Q	CNVCJSSRO\C@SY_NXN@C[ EDXHX HAYWJ\C]GR^E
% ]VRUJAR<NKW^WANSIDQQJQNVCLTWQL\_NP2
AIBDXVVO

< _SX_W[ANIGYSM\@\\[[3PVJW]RJB_I]VRUIZ\N [VC@SY^NXN@GYADXHX KAYWJXA[CR^E BQQ@@ZSH]@@N<
 @TWDO	,PF@X@\\
UARPANISE	NXNEGSCDDF	&^QV@R^KJ
4E
WXWA\\DUA	NKQ\_Z]\RVQW; 	]UCRSSH@Q @TTPANZQNXHX JAYWJTF^IR^E AQQ@L]VB]@@NHNIXBZ[_X]@@ n OJ]\[[3]]]\R_QZJVRX	AYWN^B[DRB	,AFJ^K]@^@U,ER\\RI_Q^F@^B_UDISSO[	
j	SXIB[BXJOJ]_NUASX^E @QQGF_\N]@@NKNIXEPYSX]@@TBVRPN_GTXGIOA3	YJW]RVQ
B+NVBISSUNBXA@TNEQQDM]QJ]\N	 &
PLVX]^NXT 7_NMHSSPUN][_[ROCC[Q3	RAC]C\@NLYJW]VJ_Q_XW@@NJNIXEU^WX]@@TAVRPNZ@X\GIOA 	@@TS_]XRJC_IS;	  UCRSO[=TNXOCC[L_VYPKOJNNIXITWRXANE, _RV]GIQOA
	1A_@@BC[_VNVDJSRUI\C@SS3ZIEXTKAR UCRWRUN^ER]@@T@VRPO\BUZGIOA 	C@TRY_UTJC_IGKOJXYFKZUSI@Qj XIB[Q	2 AYVI\C]@_UJW@_VRPCYC\\GUA	.EZOVSJCAG/PAYH\C_]@ZNXI@@Y	CDXHX
	<		BNKS^VDO XIB__V
NMIOA 	B@TR]XYPJC_IGHOJXYBLVQSI@QPVJWXWOFFYCXJ3AC]C@S F7QQCDXVOAX_UCA@T WY[[WJ_QW%		E[YRSI^_NP2
@IBDXWVO AYPJZ@UAR^E
,HYF@\@\][[AC]G_]@[@@C_IGIOJXYNAS[SI@QPUJWXWCKCSCXJ	]UCWVZA\K\ANLW3IEXHX	(NIYAR^HKJ\XVXIIT
OJY\NIVSSUN
A8HQIZCFDF	&_QV@R^KJQQ@M]TJ]@@N 3_]Y]\SVQIE\PVO AYI@QPTJWXTNCE_CXJ	^UCWUWIZG\ANLC	SXIG]CB\TJAR< NKS^E
%DVRQJ]@@UHWVACQ		[JWYSLGA^_V3 Q[VB\APB	,AGJ^K]@_@U	NI_EPXWX]@@R+
ANVFISRO[ NKSZ KJICXJ	_UCWU[J^C\ANLC	PXIG]	@FXTJARRACXETBP^WDO	,ZF@\@@N<@T WX]NXBG]IJUCVQPA\C\]@S=
QNYTJ_\N	 &
QLVX]_NXTVRWNXG_\GIOA
=L\NXKCCZQF@\DZ@UQVANLC	QXIG\FC^TJARQACXD^DUXWDOZI@_VOZF\\[[3 ]Y]@@ nOJY\GIOAHXDNKLPXIFX BC]TVO

< ^SX_WZANE, ^RV]GIPOA		@TSPUXRJC_IT2HAYRI\B@S]YY[NX^J^JARPACXDZIQ\WDOYI@_RB^B\\[[	BNKVY_[_\RVQ
B+NVFIOA3@JWYRJCGB@PF@R	ACY@TDW^KJ
4E
VXWA\\EUA	.E[OVSJC@GOJ_YF@USSI@Q	V7BQQ CDYHXNVFM[OA	LWDOXI@PUJUH\\[[	ANKVVWPU\RVQ
]YF@YH]\OASSO[=^NXKC_IS;	UCVSSI_N@VW]O	
IA\QC_E\@U,ER\\RH_QW%		D[YRSI__NPJW_WOCD[CXJ(HNI]AR_ENXKGJGRV\[[	@NKVV T\Y\RVQ
]ZF@YHY_CMSSO[ _]\UYQNGC[Q	2AYRI@Qj	XIF[C	DFKX@NV[NKW[TX]\NXT 7^NMHSSQUN
A8IQIZCGDF
	UCPV[HTC\ANLP%
TBVRUJ]A@NAYRL\_NZOVRVQ
][F@YHUZGISSO[ \]\UUTJCC[Q	ANVCAZUSI\C@S F7QQ CXJ3ACYC\ABV]\NXQAF@XF]XFJSOA
	1A^@@BC[_V3 P[VB\AQB	XI@] AMXTJAR	
 <	@@TWX\@@QQ FEDF[YSO[ ]]\T_ZOEC[Q	BNVC@P[VO\C@SY\NXNJ@SEDXHX	(

NI]ANLW3IAXTJ\N]BKAY[	
]][UWHECG/QAYH\C^]@S=
QNYTJ^\NAC_EXER^WDO	nKOJ]\GHOANI]DPBQI[Q	CNVC@[RRK\C@SY_NXNJKZ ADXHX HAYW@TB]CR^E
% ]VRUJAR<NKW^WANSO@QQJQNVBNTUP@\_NP2
AIBDXVVO

< _SX_W[ANIG^SO\@\\[[3PVJW]RJB_I]VRUO^\N [VC@SY^NXOCAXKDXHX KAYVI^@ZIR^E BQQCF[RB]@@N<
 @TWDO	,PF@X@\\
UARVMNISE	NXOKF\ADDF	&^QV@R^KJ
4E
WXWA\\DUA	NKQYQZ]\RVQW; 	]UCRSSH@Q @TR\ANZQNXHX JAYVIZE^ER^E AQQCB^VN]@@NHNIYATXSX]@@ n OJ]\[[3]]]\R_QZFVRX	AYV@_KZDRB	,AFJ^K]@^@U,ER\\RI_Q^F@^G_[DISSO[	
j	SXIB[BXJOJ]YBUASX^E @QQBDP\J]@@NKNIY@RVWX]@@TBVRQK]HT\GIOA3	YJW]RVQ
B+NVBISSUNBYG@TNEQQCEQSB]\N	 &
PLVX]^NXT 7_NMHSSPUN][ZZZNCC[Q3	RAC]C\@NLYJW]WL_Q_XW@@NJNIY@W_QX]@@TAVRQKXA_ZGIOA 	@@T V]\_TJC_IS;	  UCRSO[=TNXOCC[L_VYQMOJNNIZ@R^VXANE, _RV]GIQOA
	1A_@@BC[_VNVDNZZVI\C@SS3ZIEXTKAR UCRVTUN^ER]@@T@VRQKTCU^GIOA 	C@T VQ^UPJC_IGKOJY]NJZQSI@Qj XIB[Q	2 AYVI\C]@_ _JW@_VRRKUB\XGUA	.EZOVSJCAG/PAYH\C_]@ZNXIK@[CDXHX
	<		BNKS^VDO XIB^	_V
NMIOA 	B@T U[[XZJC_IGHOJY^DOW[SI@QPVJWYPIEGSCXJ3AC]C@S F7QQCDXVOAYUUCA@TU^^]UJ_QW%		E[YRSI^_NP2
@IBDXWVO AYPAZB[AR^E
,HYF@\@\][[AC]FU]@[@@C_IGIOJY^@@SWSI@QPUJWYPMJC_CXJ	]UCVQT@\G\ANLW3IEXHX	(NIYAR^HKJ\ZRXIIT
OJZ_CMPSSUN
A8HQIZCFDF	&_QV@R^KJQQKMZ\J]@@N 3_]Y]\SVQIE^TVO AYI@QPTJWYQHBE[CXJ	^UCVPQHZC\ANLC	SXIFXBBXTJAR< NKS^E
%DVRQJ]@@UHURACQ		[JWZVI@F__V3 Q[VB\APB	,AGJ^K]@_@U	NI_HP]WX]@@R+
ANVFISRO[ NKSXKJICXJ	_UCVPUM]E\ANLC	PXIFXGE^TJARRACY@ZESXWDO	,ZF@\@@N<@T WX]NXBEYIJUCUVQK[K\]@S=
QNYTJ_\N	 &
QLVX]_NXTVRWCXE\\GIOA
=L\NXKCCZQF@\F^@UQVANLC	QXIF_ECZTJARQACYG\GU\WDOZIA\TLZB\\[[3 ]Y]@@ nOJY\GIOAHZ@NKLPXIE] ADZTVO

< ^SX_WZANE, ^RV]GIPOA		@T^P[]RJC_IT2HAYRI\B@S]Y[_NX^J^JARPACYGXHPVWDOYIA\PC_H\\[[	BNKWZ^ZU\RVQ
B+NVFIOA3@JWYRJCGBB\F@R	ACZD\@PXKJ
4E
VXWA\\EUA	.E[OVSJC@GOJX\FNQSSI@Q	V7BQQ CDYHXNVFOWOA	LWDOXIA\]KUD\\[[	ANKWZVPY\RVQ
]YF@XDU]OMSSO[=^NXKC_IS;	UCVSSI_N@T[]O	
IB_]JX@\@U,ER\\RH_QW%		D[YRSI__NPJWXRNK@[CXJ(HNI]AR_ENXKEFGRV\[[	@NKW[S\]\RVQ
]ZF@XE_XCISSO[ _]]X_VNCC[Q	2AYRI@Qj	XIF[C	DFK[FNV[NKTV^_Y\NXT 7^NMHSSQUN
A8IQIZCGDF
	UCWST@XC\ANLP%
TBVRUJ]A@NAYROZ_NZOVRVQ
][F@XE[ZNOSSO[ \]]X[TCEC[Q	ANVBLTUZO\C@S F7QQ CXJ3ACYC\ABV^ZNXQAF@[IZTNASOA
	1A^@@BC[_V3 P[VB\AQB	XIGZ CAXTJAR	
 <	@@TWX\@@QQ ECDF[YSO[ ]]][][OAC[Q	BNVBORZVK\C@SY\NXOEBRADXHX	(

NI]ANLW3IAXTJ\N]AAAY[	
]_]YZHACG/QAYH\C^]@S=
QNYTJ^\NACXBX@T^WDO	nKOJ]\GHOANI]GZBQI[Q	CNVBOUQSA\C@SY_NXOEEYKDXHX HAYVOZA\IR^E
% ]VRUJAR<NKW^WANSLJQQJQNV@HWTWO\_NP2
AIBDXVVO

< _SX_W[ANI@YSHZ@\\[[3PVJW]RJB_I]VRULT\N [VC@SY^NXODC_GDXHX KAYVN\GZER^E BQQDD\RN]@@N<
 @TWDO	,PF@X@\\
UARTINISE	NXMA@]CDDF	&^QV@R^KJ
4E
WXWA\\DUA	NKV\TP]\RVQW; 	]UCRSSH@Q @TPXANZQNXHX JAYVNXD^AR^E AQQD@_VJ]@@NHNIYFVYWX]@@ n OJ]\[[3]]]\R_QZBVRX	AYTJ_GTGRB	,AFJ^K]@^@U,ER\\RI_Q^F@YB_XNISSO[	
j	SXIB[BXJOJ][FUASX^E @QQDLQSL]@@NKNIYFZWQX]@@TBVRQMUI[ZGIOA3	YJW]RVQ
B+NVBISSUNB[C@TNEQQGG[TH]\N	 &
PLVX]^NXT 7_NMHSSPUN]\_ZTJCC[Q3	RAC]C\@NLYJW]UH_Q_XW@@NJNIYIQ\UX]@@TAVRQB^B_^GIOA 	@@T _[__PJC_IS;	  UCRSO[=TNXOCC[L_VYSIOJNNI[DQ__XANE, _RV]GIQOA
	1A_@@BC[_VNVCKZTRI\C@SS3ZIEXTKAR UCRTPUN^ER]@@T@VRQBZDTTGIOA 	C@T __YTZJC_IGKOJYT@M[[SI@Qj XIB[Q	2 AYVI\C]@_SJW@_VRSL_I_XGUA	.EZOVSJCAG/PAYH\C_]@ZNXN@ASCDXHX
	<		BNKS^VDO XIB\_V
NMIOA 	B@T ^YZXVJC_IGHOJYUFNWWSI@QPVJWY[KDG_CXJ3AC]C@S F7QQCDXVOA[YUCA@TPZZYRJ_QW%		E[YRSI^_NP2
@IBDXWVO AYWJYJ_AR^E
,HYF@\@\][[AC]DY]@[@@C_IGIOJYUAISSSI@QPUJWY[LCC[CXJ	]UCVZUI\C\ANLW3IEXHX	(NIYAR^HKJ\[TXIIT
OJ[TELUUSUN
A8HQIZCFDF	&_QV@R^KJQQ@MXPJ]@@N 3_]Y]\SVQIE_RVO AYI@QPTJWZRJAF]CXJ	^UCUSSKYE\ANLC	SXIE[AA^TJAR< NKS^E
%DVRQJ]@@UHTTACQ		[JW[[H@KY_V3 Q[VB\APB	,AGJ^K]@_@U	NIXEP_ WX]@@R+
ANVFISRO[ NKSYKJICXJ	_UCUSWL]A\ANLC	PXIE[FEZTJARRACZCXDS\WDO	,ZF@\@@N<@T WX]NXBDSIJUC[SQHUK\]@S=
QNYTJ_\N	 &
QLVX]_NXTVRPNXBZ\GIOA
=L\NXKCCZQF@\GT@UQVANLC	QXIE[	DBPTJARQACZCTFTVWDOZIBX\M[H\\[[3 ]Y]@@ nOJY\GIOAH[JNKLPXIKZCE\TVO

< ^SX_WZANE, ^RV]GIPOA		@TSP^[RJC_IT2HAYRI\B@S]YZUNX^J^JARPACZB_APZWDOYIBYWJ_D\\[[	BNKT_WZY\RVQ
B+NVFIOA3@JWYRJCGBLXF@R	ACTA]IQ^KJ
4E
VXWA\\EUA	.E[OVSJC@GOJXYFM[SSI@Q	V7BQQ CDYHXNVFASOA	LWDOXIBYSHU@\\[[	ANKT_UP]\RVQ
]YF@[A[^OISSO[=^NXKC_IS;	UCVSSI_N@Z_]O	
IL[VL_H\@U,ER\\RH_QW%		D[YRSI__NPJWXWNFJ[CXJ(HNI]AR_ENXKKBGRV\[[	@NKT\R[[\RVQ
]ZF@[B]YDOSSO[ _]^_]WIEC[Q	2AYRI@Qj	XIF[C	DFKUBNV[NKZZSZ[\NXT 7^NMHSSQUN
A8IQIZCGDF
	UCWVTN\C\ANLP%
TBVRUJ]A@NAYRA^_NZOVRVQ
][F@[BY[NKSSO[ \]^_YUCAC[Q	ANVAKVTZK\C@S F7QQ CXJ3ACYC\ABVP^NXQAF@UEX^EMSOA
	1A^@@BC[_V3 P[VB\AQB	XIG]KEXTJAR	
 <	@@TWX\@@QQ KGDF[YSO[ ]]^^\RNKC[Q	BNVAJSSWA\C@SY\NXL@C[KDXHX	(

NI]ANLW3IAXTJ\N]OMAY[	
]P[YRHACG/QAYH\C^]@S=
QNYTJ^\NACXE_HP^WDO	nKOJ]\GHOANI]IVBQI[Q	CNVAJWPSM\C@SY_NXL@GXGDXHX HAYUJX@\ER^E
% ]VRUJAR<NKW^WANSBFQQJQNVONV[QI\_NP2
AIBDXVVO

< _SX_W[ANI@^SJ^@\\[[3PVJW]RJB_I]VRUBX\N [VC@SY^NXL@K^CDXHX KAYUJTFZAR^E BQQ@L]RJ]@@N<
 @TWDO	,PF@X@\\
UAR[ONISE	NXBKE] KDDF	&^QV@R^KJ
4E
WXWA\\DUA	NKVYV\]\RVQW; 	]UCRSSH@Q @T_^ANZQNXHX JAYUM^K]GR^E AQQGFPUL]@@NHNIZEPVQX]@@ n OJ]\[[3]]]\R_QZ	DVRX	AY[@[G]GRB	,AFJ^K]@^@U,ER\\RI_Q^F@YG_^BISSO[	
j	SXIB[BXJOJ]T@UASX^E @QQGCXSH]@@NKNIZEU^UX]@@TBVRRNZ@[^GIOA3	YJW]RVQ
B+NVBISSUNBTI@TNEQQCLZUN]\N	 &
PLVX]^NXT 7_NMHSSPUN]\ZZQLCC[Q3	RAC]C\@NLYJW]ZB_Q_XW@@NJNIZDS]_X]@@TAVRRO\C^TGIOA 	@@TRY^^ZJC_IS;	  UCRSO[=TNXOCC[L_VY\COJNNIU@[^UXANE, _RV]GIQOA
	1A_@@BC[_VNVCNZWTI\C@SS3ZIEXTKAR UCR[ZUN^ER]@@T@VRROXETXGIOA 	C@TR]XTVJC_IGKOJZYBL[WSI@Qj XIB[Q	2 AYVI\C]@_WJW@_VR]HTH]\GUA	.EZOVSJCAG/PAYH\C_]@ZNXNKA^	CDXHX
	<		BNKS^VDO XIBR_V
NMIOA 	B@TRQUXRJC_IGHOJZYNAWSSI@QPVJWZWCKG[CXJ3AC]C@S F7QQCDXVOAU]UCA@TSY[TZJ_QW%		E[YRSI^_NP2
@IBDXWVO AYWAYEUAR^E
,HYF@\@\][[AC]J]]@[@@C_IGIOJZZCIZUSI@QPUJWZTNCJ]CXJ	]UCUUWIUE\ANLW3IEXHX	(NIYAR^HKJ\UPXIIT
OJUYDLUUSUN
A8HQIZCFDF	&_QV@R^KJQQKLPTJ]@@N 3_]Y]\SVQIEQVVO AYI@QPTJWZTB@FYCXJ	^UCUU[JYA\ANLC	SXIE]	@AZTJAR< NKS^E
%DVRQJ]@@UHZPACQ		[JWUTOGG__V3 Q[VB\APB	,AGJ^K]@_@U	NIXHSWWX]@@R+
ANVFISRO[ NKSWKJICXJ	_UCUTQO\K\ANLC	PXIE\EDPTJARRACZD^GRVWDO	,ZF@\@@N<@T WX]NXBJ_IJUCZTTJ^A\]@S=
QNYTJ_\N	 &
QLVX]_NXTVRPCX@^\GIOA
=L\NXKCCZQF@\IX@UQVANLC	QXIE\KB\TJARQACZDZITZWDOZIB_RB[D\\[[3 ]Y]@@ nOJY\GIOAHUFNKLPXIJSADXTVO

< ^SX_WZANE, ^RV]GIPOA		@T^P\_RJC_IT2HAYRI\B@S]YTYNX^J^JARPACZK]@P^WDOYIBPUK_@\\[[	BNKTVVZ]\RVQ
B+NVFIOA3@JWYRJCGBM^F@R	AC]C\@RYWDO	nHOJ]\GKOA
=L^NXKCCXQRVYGHQWSI\_NP2
BIBDXUVONMHZUO[ ]XANQN^\O^GZ\GUA^SXXR[ZZRJ_QPUXWFTYDNUSSUN1F @@BCG% [YVSI\@SSWERNUQNYTK_IYZGUA	.EZOVSJCAG/PAYH\C_]@ZNXOCGXCDXHX
	<		BNKS^VDO XIBR_V
NMIOA 	B@T_Q[_PJC_IGHOJZTNOPQSI@QPVJWZZCE@YCXJ3AC]C@S F7QQCDXVOAUTUCA@TWZYTQNC_IT2KAYRI\A@SS3XIEXTIAR AYL\DXGR^KJ
4E
UXWA\\FUA[VBUINL@		XICG^RVZNJ[[[I\_N@ZOVTC@KS	CDDF	F[YUZJTKTARB		=	]QNYTVO&	QVDR^DO][CQI	RV]GJUTRK\_NP2
AIBDXVVO

< _SX_W[ANIAYTOZ@\\[[3PVJW]RJB_I]VRUCT\N [VC@SY^NXLJKZGDXHX KAYU@TBXER^E BQQJLYPN]@@N<
 @TWDO	,PF@X@\\
UAQSINISE	NXKCGSJDXHX
	<		ANKS^UDO	nIOJ]\GJOASX[T^U\RJ_QW%		F[YRSI]_NLUX]@@RVRTVO PAYN\AXAR^KJAIDDZPJ]@\@U]QVFR\WX]\NXT,RV]GUA
	,PERX\RJG	
/[YAHNI]@NLER\]NX@QQ BXJPXWA]@ULAYRH@QZSX_KJZNXKB_I	QNYUVOINVFHOARINI]@NLVJW^SVQBYIFYHX\CNVEHOARMNI^@NLRJW^SVQB]IFYHX\GNVEHOARANI^@NL^JW^SVQA[IFYHX_ANVDHOAQKNI_@NLTJW_SVQA_IGYHX_ENVDHOAQONI_@NLPJW_SVQASIGYHX_INVDHOAPINI_@NLVJWXSVQ@YI@YHX^CNVCHOAPMNIX@NLRJWXSVQ@]I@YHX^GNVCHOAPANIX@NL^JWXSVQG[I@YHXYANVBHOAWKNIY@NLTJWYSVQG_IAYHXYENVBHOAWONIY@NLPJWYSVQGSIAYHXYINVBHOAVINIY@NL VJWZRVQFYIBXHXXCNVAIOAVMNIZANL RJWZRVQF]IBXHXXGNVAIOAVANIZANL ^JWZRVQE[ICYHX[ANV@HOAUKNI[@NLTJW[SVQE_ICYHX[ENV@HOAUONI[@NLPJW[SVQESICYHX[INV@HOATINI[@NLVJWTSVQDYILYHXZCNVOHOATMNIT@NLRJWTSVQD]ILYHXZGNVOHOATANIT@NL^JWTSVQK[ILYHXUANVNHOA[KNIU@NLTJWUSVQK_IMYHXUENVNHOA[ONIU@NLPJWUSVQKSIMYHXUINVNHOAZINIU@h:D]@RV(.Gj.X39'g