7FUSOSU7(N@-	I(V7
 N@U[1_],?Bn<XA\NK_@6l_/3TVO<.T@VQEF@R]NMA
3EERT\RJB_IXVRUVOYUCSOA		@TKJSXICGXF@\\N3L_DO HQI[QCNVU[OA C@TEDO	ZIVJHX IAYAH\C\AR[KJFIQVDF	  C[YAAUN1ANXJ_QHJ^KAR[YQSH@Q]YANGQQ_VAYH@QL8XIJ^CEDF&[VBT]@CTJW\NXT	XW@BY[[3LUDOQQCXJ		KAYSUNP[OVRVQ_  KOJU\GIRO[^QV
@\3IJDXTHARUCQOAFNKRB		XIAGYF@]\N IAYRUNP7QISQVXW@@N
JNINSNLF PXIQIQANVU[OA A@TVX]\RJFQG XRVNUUA XSXLKJ,AVRTVO[YRO[SX\VDOQQ_VNOJ\@U
 LVDO
4UF@TE\\EUA.LER\TNXXIDDF	AYIBF@SM7QIXQ 	OJ_\[[
C@TKJ 	QNXHX RACUC\APE[OVXB+RVUGISPO[NKQBXNXJ_Q_F@^\N HAYSUNA@TKJ
nXWH@NQAYI@QYTJWN@VQ  XZF@OR@N
HNINSNLF RXIQZCDXTOO\NV[VQN]@^X@@QQG%		UCSOA	SX_E@@ACZQOJ_@UWAC\_NS QIZQ	/	AYZL\C_]@[=
IBLDFCNVGUA
	LWFX@@nXWD@NAC_C@S[PXICG_NMIOA _]Q]\RI_IQNF([VJ\ARZE	NXN_QGFVRTVOAYWUN@@TKJRXIBG	3	AYA@Q PLWDO	XIVJHX KAYA[@QYVJWN@VQ  XXF@OA\\GISVAUN  ERONNX ]@J^XO\N< NKRB	@@B_I\J^H]A@NACX_NZ]XANRXWA@N
&@TRX]XNX^7 RV]OUAJNI\]@[QI[FXJ
3AYL@Q][]@@EZF@]\N_QVANLXBQQCDXPARYNMA
3EERT\RJF_IXVRQVOYUCSOA		@T KJSXICGXF@\\N3L_DO HQI[QCNVU[OA C@TEDO	ZIVJHX IAYAH\C\AR[KJFIQVDF	  C[YAAUN1ANXK_QHJ^KAR[YQSH@Q]]ANGQQ_VAYH@QL8XIJ^CADF&[VBT]@CTJW\NXT	XW@BY[[3LQDOQQCXJ		KAYSUNP[OVRVQ_  KOJU\GIVO[ZQV
@\3IJDXTLARUCUOAFNKRB		XIEGYF@\\N IAYRUNP7QISQVXW@@N
JNINSNLF PXIQIQANVUHSSSI\KN]@^\@@QB[CDXQXARVACNQ@S\YNXXQ_IA; 	NMIOA NKSB
	NXHCBG  	XWA@NWAYI@Q\XIAG2[YZVI\E@S Y3
QQ JXJ^RV\[[
@TI]AN4AF@Z\NAYJ\_N F^@@C_I\CNVGUA	SL^X]\T_Q\IJ3ACUC\AUBOVUVQQNXHX	[YTO[ ]SX_E\@@B_IR/AY[UNC@TKJ@IQVDF	  E[YAAUN ERO]RJCC[	QXJ \UCARSI\C\D@B OQII_VXNM[AOA	.EJW\NX
TQNYHX NMKSRO[@TKJVXICG [YQO[1QNXCFC[_V
3AYHU_N]]XANGJ^JCE@N<	SXVEXI@[Q
	^UCSOAER]@@EYF@T@\\@OA[[VNF7	
QIRCDPHXNVOUALNI\]@[NXB_QGBVRUVO\UCROAj	@@K_I]FJ^JARPACNQ@S\_NXXQ_IBKOJN]GISSSAN_N	YXOV@KCC[CAJHX LAYA[@QYSJWN@VQ
C+
RV\[[NI]]@TJW^RK_QEJ^IAR C[YSO[
@NXH_QP;NM@VSSA@QV7	XIBRQWXW@@NNKR@ KJ	,
CVR]VO[YPSUNPZOVRVQ_  IOJ\@U	]SXWWXUNXJQQJQ	/	AYZI\CU]@QERT@@FICXJ	NM@OA]QV@NLYXOVSVQP %		UC[OAANKRB IQII_V^NM[AOA
 SLEY]\RJCKIQ@NVUHSSSI\FN]@^Y@@QQG YRVNUUA,]XANIBXJ	RV^GHOANKVBYNXJ_QXNMKOA.ZJWUWJCJG/[YRZUNB@TKJ
]QNXJOAR	<QV@RB 	@@@CG^NMIOA ]]XAN TEJ^C]@\U
UARS[VNF7	
QIRCEXHXNVFIOAYQVANL\	@@BCGYF@\\N IAYRUNP7QISQVXW@@N
JNINSNLF PXIQIQANVUHSSSI\KN]@^\@@QB[CDXQXARVACNQ@S\YNXXQ_IA; 	NMHOA NKSB
	NXHCBG  	XWE@NWAYI@Q\XIAG2[YZVI]C@S Y3
QQ JXJ^RV\[[
@TI]AN4AF@\A@NAC_C@S[PXICG_NMIOA _]Q]\SJ_I BVRX&	NIUAR_KJ@@BBG]F@]\NAC]B@SER\@@CIBXJ 	&NIT]@CUJW]NX ]GJ^XO\NQ[VQ]AR^WQO@@	]BVRFK]@\\GAAOA
 RLEY]\RJCFIQENVU[OA E@TEDO,HJ^JARAYRUN@TWYANIBXJYRV\[[
][ANnXWIY\FHOA =
TJW^RVQQNXHX	AC\]Y]@ P2QQ AXJ NVDIOA \]XAN TGJ^JAR
HNIUAR_DO]PXIIW%	UCZSSH^_NLVZANFQQ_V
NVFKOA]QV@NLYXOVSVQP %		UC[OAANKSB IQII_V^NM[RSSI\CUSNLF SXIQZCDXTBO\NS[VQ]AR^W]O@@	]FVRFXARWACNQ@SG7QI[Q OJ]@UAC^C]]@AOVPVQQNXHX	

 NI_]@
T3IJAXUHAR <
NKP^E_@@C_IX NVGWVOA	.GJW]QVQ\VRWJAR
KNI\]@Z		IQI[Q
	]UCZSSH^@SS]]O
 4UF@T@\]DUA
[VB_]@CRJW\NXTVRUIAR F[YRO[ \SX_E4E
F@U\N KAYRUN ERONNX ]FJ^X\@\\GIZAO[_]J\\RJCCS_V\NM[RSSI\CYSNLF WXIQIQDNVU[OA3PER]@@
IEDF NVEIROA
SX]EX@@C_IUUCPOA =
GOV[OCBXQ3 AYQI@Q QLWDOPVRTTX\N<NKSZEXI@[Q
	^UCSOAER]@@EYF@T@\]DOARMNISG2QQCDYPVONMHWOAFNKRB		XIB_QUXWA@NSAYH@QA2
QQ	_VHOJ]@U

_QVS@B HQII CDXTJTR@N
HNIN@R^WXUNNX ]DJ^X\@\\GIVAO[[]JO@@	]GVRFXAR<		QVANLANXK_QPVRVJ\\NAYM@Q VLWDOD F@^\N<SXW WYY@@R+OJ^\[[P[VC@S AXICE_V/AYRL@Q][]@@EZF@]\N_QVANLXBQQCDYPAR]YUCA .ZJWURJBFGJ^KX\N LAYSUN]YX@@BIBXJ]RV][[ 	.EJWTNXYIEDF	  D[YAAUN ERO]RJCC[QXJ ]UCARSI\C\I@B JQII CDXTJXR@N
LNINSNLF VXIQIQ	2[YRO[
@TKJ XIA[ _VRVY[[W[VC@SS
QQ_V	3AY@YC]DNL@		%IFXHX_NMIOA
]XCYNXE,	OJ]Z[[
NI_ANLXAQQ_V	D[YSO[GVJWURJBFQE^F@R

<NK[^V^ANQIZ_VOOJ\@UNI]GNLYYOVSVQQNYHX< NKZB_NXK_QZWXWRN@U

^QVSS^WX]U@VQ  XYF@OA\\GIS[AUN ERO]RJCC[QXJ YUCAAO[Z]JO@@
nXW@@N AC]_N]Z]]NX 
CQNYHXXNMIOA
AJWXNX]
+RVUBIRUO[ j	NXHB_I]GJ^JARNI\_WB	=
IE_HX	UCPSO[GUJW\NXBWXW@@NBNK[^V^@@KDQQJQ	/	AYZI\B[]@QER\[NX^IDDF	UCRTO[ ]SX_E\@@B_IR/AY[UNC@TKJ@IQVDF	  E[YARI\C\A[LEBQQBDXTJ]HN@U

\QVSS^WX]Y@VQ  X]F@OR@N
MNINSNLE3ICXJNVFUA	NI^ASB@@A_I]@J^JAR
 
NKVB	 %AQNQQJ\G@N 3@TVDO IQI[Q UCSMVUN		1ENXKK_IEF@^@@NANKRB
@ICXJ		HAYZI\B[NL_JW@E,
OJU\GH[OAQV@ZBXNXJ_Q_F@\H@NRAYH@Q RLVDO
C, OJT@UQAC]_N	Y[OV@X_QZVXWR]\GISSZ[@QYVJWNSJCC[KVDF	  G[YARI\C\AWLEFQQQXJ XUCAAO[=LOVRVQAVRUVOUCQSRUN LTDO NQI[Q  AYWUNj@@JF[ KXJ(AC^B@SER]@@CF@]^Y@U&@T^DOQQCXJ		KAYSUNP[OVRVQ_  KOJU\GH[O[]JNKLS=IMXTKT\N[YRZUND@TKJQQ JXJ\RV][[S[VB@ST=
ILDFBNVFUA _SXLKJAIQEXTJ]@UN[[
 BNK@_WX]\ZX_QZTXWR]\GISSV[@QYRJWN@VQ  X\F@OR@N<	SX^EXIBGF@_@]@U
[VG@SER]@@XOJX@U
 3L^]]][VQ];	NVEHOA_QVANL\	QQ]ADF3AC^C@SXJW_RVQ_  HOJ\@U	_SX^EZIMXTKT@NEIAY[
1QNXCCCY_V XWB\@UVAC\_N
PJW^RVQ QNYHX\NMHOA 1ANXB_QGAVRUVOPAY[N_N	YZOV@KCC[CMJHX HAYAH\C\ARVKJCIQEXTJ]@YN[[
 FNK@LEGQQQXJ3	AYH@Q]YANQQCEDF	NMLOAXQVANLQI@DF ([VJYAP^E ,P
VRVKAR D[YSO[TJW\LO_QT 7NVEHOANKQ^EYIDDFPAYI@QA\NXCCCYXJVKOJN&@TWX_]NXIAEDFENVGUA
	NKP_E]@@B_I]DJ^KAR	&
@TKJPXIBG ^RVNFISSSH]Q@S\_NXXBC[CDQFVORAY[]C\AR^EDO	[IVYTJ]@\YUUA YSXLKJGIQVDF
3 AC\_NPER\@@IADYHXUCROAGNKRB
HQN]HX	 &	NIUDR\KJ4UJ^H_\N JAYRUNCOVRTF_I_;
NMKQOA	SX]KJ 	QNXHX PAC\_N F]@@JC[B	DFH_RVU
3L^X]^PVQIFZHXYNMIOA
SX\KJSXIBGXF@\\N3L_DO HQIZQCNVUHSSSI]BN]@^^@@QB[CDX]XARRACNB\AR^_JANQNJUJ]@\\B[OA D@TEDO	_IVJHX([VC@SEJW]NXIFXUVO[YQO[ XSX^E
E
VRQVO <QVHW^UDO nF@_B@NPAYH@QG	NXJ]FG%UCQPO[@TWDO CAVRTVOP[VC@S[SXIJ[AFHX_CNV[

,]Q]\PI_QUQNZWVOYUCSOA		@TTDO KQIZQTXWA@N,]PANAQQ _V_NM[RSSI\B]SNLF PXIQZCDXTCO\NR[VQ]AR^WPO@@	]CVRFK]@\\GLAOA
 WLEJANQNJFVO &NI\]@LOVSVQ
AQNZTKARAYPUNE@TKJ	]J^OAR<NK[[U[ANZ,	XWB^@UPAC]_NP @@C]^Q2 [YQWUNLTXAN TFJ^JAR
JNI\]@Z		KQIRCF[VOBXNMA
3EERT\RHG_IXVRVNAR B[YSO[LU\ANBQQ _VJOJ]@U	3PERU@@AIBXJ _UCARSI\C]@@B HQII CDXTJTR@N
HNIN@R^WXUNNX ]DJ^X\@\\GIVAO[[]JO@@	]GVRFXAR<		QVANLANXK_QPVRVJ\\NAYM@Q VLWDOD F@X\N<SXW WZY@@R+OJ^^[[P[VB@S AXICE_V/AYQL@Q][]@@EZF@]\N_QVANLXBQQCDZPAR^YUCA .ZJWURJAFGJ^HX\N LAYSUN]ZX@@BIBXJ]RV][[ 	.EJWTNXYIEDF	  D[YARI\C\@SLEAQQBDXTJ]IN@U

]QVSS^WX]T@VQ  XXF@OA\\GISVAUN  ERONNX ]@J^XO\N< NKSB	@@B_I\J^H]A@NACY_NZ]XANRXWE@N
&@TRX_YNX^7 RV^EUAJNI]]@[QI[FXJ
3AYKZ_NPER^\NXBVXW@@N@NKRB
BIJDXVO\N^A[YA=
GOV[JCA]QF@_F@NVAYI@QMER_ZNXZIEDF@NVFUA 	=LOVZVQQNYHX JAYAH\C\AS_KJAIQEXTJ]@UN[[
 BNK@_WX]\ZX_QZTXWR]\GISSV[@QYRJWN@VQ  X\F@OR@N<	SX^EXIBGF@_@]@U
[VB@SER]@@XOJZ@U
 3L^]]^TVQ];	NVEJOA_QV@NL\	QQ]ADF3AC^D@SXJW_RVQ_  HOJ\@U	_SX^EZIMXTH[@NENAY[
1QNXCCCY_V XWB[@UVAC\_N
PJW^UVQ QNYHX\NMHOA 1ANXB_QGAVRUVOPAY[]C\AR_EDO	YIVYTJ]@\UUUA ]SXLWX]\RBQ_IBJOJN]GISSSLN_N	Y]OV@X_QZPXWRN@U	&
@TKJQIZQ	XWB\][[NI^]@CSJW\NXWRVZ[[
,]QX\PM_Q_%	NMKPOA@NKSB	ICZ]HX(	[VAT]@\
OVQJ_Q^_RV\[[
B@TKJ 	 QNQTJ_G@UK[AYNj@@JC[KXJOJ^T[[V[VC@S QOVPB_QGBVRUVO\UCROAj	@@K_I]FJ^KARPACNB\AR^VJANQNJUJ]@\\N[OA @@TVX]\RJKQG ]RVNFISSSIYQ@S\XNXXQ_IBNOJNN[[3LWDO
QQ _V
OJ^\FUAQVBNLY\OVRVQW	NVAUA 
3EERTYRHK_ID2UCQPO[ _SX_EIDFQVO	&NI^HNLANXIC_I\BNVGUA	QLWDO CBVR]J]BT[[QZACQ
A8XIJ[AMDF	RV^NUALNI\]@[NXHJ_I]EJ^KAR G[YRO[G8XIKGZF@\\NP[VQ]AR^VYO@@	]AVRFK]@\\G@AOA
 SLEY]\RJCKIQ@NVUHSSSI\FN]@^Y@@QQG YRVNUUA,]XANIBXJ	RV^GHOANKVBYNXJ_QXNMOOA.ZJWUWJAJG/[YQPUNB@TKJ
]QNXJOAR	<QVBRB 	@@@CG^NMIOA ]]XAN TEJ^C]@^U
UAPS[VNF7	
QIRCGXHXNVDIOAYQVANL\	@@@CGYF@\\N IAYRUNP7QISQVXWA@N
JNIN@R^WY\NNX ]FJ^X\@\\GIZAO[_]J\\RJCCS_V\NM[RSSI\CYSNLF WXIQIQDNVU[OA3PER\@@
IEDF NVEIROA
SX[EX@@C_IUUCUOA =
GOV[OC@[Q3 AYQJ@Q QLVDOPVRTTX\N<NKQ_EXI@[Q
	^UCSOAER]@@EYF@T@\_GOAPHNISG2QQCD[UVONMJROAFNKRB		XI@ZQUXWA@NSAYH@QA2
QQ	_VHOJ]@U

_QVSS^WX\]@VQ  XZF@OA\\GISZAUN ERO]RJCC[	QXJ \UCARSI\C\D@B OQII_VXNM[RSSI]C\SNLE3ICXJNVFUA	NI^ASB@@B_I]@J^KAR
 
NKUB	 %AQNQQJ^A@N 3@TSDO IQIZQ UCSMVUN		1ENXIA_IEF@^@@NANKRB
@ICXJ		HAYZI\@]NLUJW@E,
OJU\GJQOAQVBPBXNXJ_Q_F@^B@NRAYH@Q RLVDO
C, OJT@UQAC]_N	Y[OV@KCC[BEJHX KAYAH\C\ARWKJBIQEXTJ]@TN[[
 CNK@_WX]\WX_QZQXWRN@U

XQVSS^WY]\@VQ
C+
RV\[[NI]]@TJW^RK_QEJ^HAR C[YRO[
@NXM_QP;NM@VSPK@QV7	XIA_QWXWA@NNKR@ KJ	,
CVRWIARAYPI@QA_NXJ_Q^^RV\[[
@@TWX^^VQ@XIJ3ACUC\BQBOVQI_QGFVRTVOAYPJ@Q SLVDO JQIZQ 
3 ACT_N\]YANQNJUJ]@\]F[OA C@TVX]\RJJQG \RVNFISSSITQ@S\]NXXBC[CD]FVOVAY[N_N	Y\OV@KCC[ CDJHX([VC@SEJW]NXIFXUVO[YPO[ XSX_E
E
VRSVO <QVHW^TDO nF@_D@NPAYH@QG	NXJ]FG%UCPWO[@TWDO CAVRTVOP[VC@S[SXIJ[@GHX^DNV[

,]Q]\QN_QUQN[PVOYUCSOA		@TSDO KQIZQTXWA@N,]PANAQQ _V_NM[RSSI\B]SNLF PXIQZCDXTCO\NR[VQ]AR^WPO@@	]CVRFK]@\\GLAOA
 WLEJANQNJUJ]@]\G[OA3PER]@@
IEDF NVEIROA
SXZEX@@B_IUUCTOA =
GOV[OC@_Q3 AYQM@Q QLVDOPVRTTX\N<NKQ[EXI@[Q
	^UCSOAER]@@EYF@T@\_COAPLNISG2QQCD[QVONMJVOAFNKRB		XI@^QUXWA@NSAYH@QA2
QQ	_VHOJ]@U

_QVSS^WX\]@VQ  XZF@OA\\GISZAUN ERO]RJCC[	QXJ \UCARSI\C\D@B OQII_VXNM[RSSI]C\SNLE3IBXJNVFUA	NI^ASB@@F_I]@J^KAR
 
NKUB	 %AQNQQJ^E@N 3@TSDO IQIZQ UCSMVUN		1ENXIE_IEF@^@@NANKRB
@ICXJ		HAYZI\@YNLQJW@E,
OJU\GJUOAQVBTBXNXK_Q_F@^F@NRAYH@Q RLVDO
C, OJT@UQAC]_N	Y[OV@KCC[BEJHX KAYAH\C\ARWKJBIQEXTJ]@TN[[
 CNK@_WX]\WX_QZQXWR]\GISQS[@QYSJWNSJCCZCVDF
3 AC\_NPER\@@IADYHXUCROAGNKSB
HQNPHX	 &	NIUDR]KJ4UJ^HX\N JAYRUNCOVRTF_I_;
NMJTOA	SX]KJ 	QNXHX PAC\_N F]@@JC[E	DFIZRVU
3L^X]_UVQIG_HXYNMHOA
SX]KJSXIBGXF@\\N3L_DO HQIZQCNVUHSSSI]BN]@^^@@QB[CDX]XARRACNB\AR^_JANQNJUJ]@\\B[OA D@TVX]\RHCQG YRVNFISSRI\Q@SG7QI[Q OJ]@UAC^C]]@AOVPVQQNYHX	

 NIT]@
T3IJAXWMAR <
NKP[E_@@B_IX NVGWVOA	.GJW_ZVQ\VRWJAR
KNI\]@Z		IQI[Q
	]UCZSSJ[@SQV]O
 4UF@T@\_OUA
[V@T]@CRJW]NXTVRWBAR F[YRO[ \SX_E4E
F@U\N KAYRUN ERO]RJCCZ QXJ ^UCARSI\C\H@B KQII CDXTJUR@N
ININ@R^WXXNNX ]AJ^X\@\\GKSAO[Z]J\\RJBC[_V/AYSUNLVDO
QIYBXJNVDUAMNI]]@
\
IKXJ 3ACUF\BZB,
HQNZQVO_UCROA	YER]BWVQI+RV_NUA
	QVBRB
AICXJ		JAYSUNPYOV[JC@SL_V[]XWN
<SXWW[T@@QQJXJXRV][[
QVB[B\NXK_QGCVRUVO<	SXVE^@@B_IBIOJN]GISSRHN_N	YZOV@KCC[CMJHX HAYAH\C\ARVKJCIQEXTJ]@YN[[
 FNK@_WX]^RX_QZPXWR]\GIRSS[@Qj	@@C_IE
F@\\N	AYQI]_NGERY@@GIBXJ ACT_NY7	
QIRCGQHX < NI^DNLY[OVSVQEOJ\BBUA,]\]@@IGXHX QAC\_N F_@@C_I\ANVNISPZ@QXA@TNE,^VR]J]D\@UAYM\_N[]YANI@XHX]NMHOA\QV@NLV	,AVR\VO^UCROA
 QLEY]\RJBBIQBNVUHSSSI\JN]@^]@@QB[CDX\XARSACNB\AR^RJANQNJUJ]@\^G[OA E@TVX]\SJCQG%		UCROA	SX_E@@ACZQOJY@UWAC]_NS QISQ	/	AYZL\G\]@[=
IAADFCNVFUA
	LWFX@@nXWD]@U
[V@\]@Z		HQI[Q
	_UCSOAERT\RNCGGEJ^O<QVHR^VDOXIGZQQXWA@N[VG]]@CVJW]NX[IEDF<		QVINLYZOVSVQ  X[F@OA\\GIRRAUN ERO]RJCC[QXJ ]UCARSI\C\I@B JQII CDXTJXR@N
LNIN@R^WZ]NNX ]@J^X\@\\FISAO[=LOVRVQAVRUVOUCQSRUN LVDO NQIZQ  AYZUNj@@JF[BXJ(AC^E@SER\@@CF@]^Y@U&@TUDOQQCXJ		KAYSUNP[OVRVQ_  KOJU\GMRO[XANKLS=IMXTN_\N[YWQUND@TKJQQAXJ\RV][[S[VB@ST=
ILDFBNVFUA _SXLWX]\SKQ_IBHOJN]GISSS@N_N	YYOV@KCC[CLJHX IAYAH\C\AR[KJFIQEXTJ]B\N[[
 GNK@_WX\\RX_QP 7NVGUA		QV@NLXOVPJB_IBF@_\N MAYRUNV@@J_IU%	UCZVSM^_NZ2QIY_VIOJ]@U SX^RDO,P J^N^\NAYJ\_N F^@@C_I\CNVGUA	SL^X]XP_Q_QNF([VJ\AV]E	NXN@_I]AJ^KARAYM__N_]YANCQQ _V	([VK@SER\@@	]@VRFK]@\\FHAOA
 PLEY]\RJCJIQANVUHSSSI\KN]@^\@@QB[CDXQXARVACNB\AR^WJANQNJUJ]@]\G[OA3PER]@@
IEDF NVEIROA
SX]EX@@B_IUUCZOA =
GOV[OCGXQ3 AYQO@Q QLVDOPVRTTX\N<NKVZEXI@[Q
	^UCSOAER]@@EYF@T@\XDOAWMNISG2QQCD\PVONMMWOAFNKSB		XIG_QUXWA@NSAYH@QA2
QQ	_VHOJ]@U

_QVSS^WX\]@VQ  XZF@OA\\GISZAUN ERO]RJCC[	QXJ \UCARSI\C\D@B OQII CDXTH]R@N
MNIN@R^VX]NNXE, OJ\@U[VB@SEER_\SVQ PVRPVOXUCROA
YOV[VQ
X7  NVNLSWWUN^8@@AEG[F@\\N QVAL[E%EQN\QVO[YPSUNPZOVRVQ_  IOJ\@U	]SXWW\YNXGFIV3AY@\CXDNL\JWXWVQQNYHX	[YWVUN@@TKJRXIBG	3	AYA@Q PLVDO	XIVYTJ]@]]UUA ^SXLWX]\RCQ_IBKOJN]GISSSAN_N	YXOV@KCC[CAJHX LAYAH\C\AP^KJGIQEXTJ\@\N[[3LVDO
QQ _V
OJ^\FUAQVDNLY\OVSVQW	NVNUA 
3EERTYRNF_ID2UCQUO[ _SX_EIDFQVO	&NIXGNLANXIC_I\BNVGUA	QLWDO CBVR]J]DY[[WUACQ
A8XIJ[GBDF	RVXAUALNI]]@[NXNE_I]EJ^KAR G[YRO[G8XIKGZF@\\NP[VQ]AR^VYO@@	]AVRFK]@\\G@AOA
 SLEY]\RJCKIQ@NVUHSSSI\FN]@^Y@@QB[CDZTXARWACNB\AR_WJAN4E
F@]\N	AYH@QLUX\@@	IEDFDNVFUA

LER\\NX]
+RVUBIWUO[ j	NXHD_I]GJ^KARNI\_WB	=
I@_HX	UCPSO[GUJW\NXBWXW@@NBNK[^S^@@NDQQJQ	/	AYZI\G[]@QERY[NX^IEDF	UCWTO[ ]SX_E\@@B_IR/AY[UNC@TKJ@IQEXTJ]A]N[[
 ANK@_WX]\[X_QZUXWR]\GISS[[@QYWJWNSJCC[FVDF	  B[YARI\C\CRLEGQQBDXTK]@N@U	&
@TKJQIZQ	XWB\][[NI^]@CSJW]NXWRV]GUA 
3EERTYRND_ID2UCQTO[ _SX_EIDFQVO	&NIXINLANXIC_I\BNVGUA	QLWDO CBVR]J]D[[[W[ACQ
A8XIJ[GLDF	RVXOUALNI]]@[NXNK_I]EJ^KAR G[YRO[G8XIKGZF@\\NP[VQ]AR^VYO@@	]AVRFK]@\\G@AOA
 SLEY]\RJCKIQ@NVUHSSSI\FN]@^Y@@QB[CDZTXARWACNB\AR_WJAN4E
F@]\N	AYH@QLUX\@@	IGDFDNVFUA

LER\\NX]
+RVUBIW[O[ j	NXHD_I]GJ^KARNI\_WB	=
I@QHX	UCPSO[GUJW\NXBWXW@@NBNK[^SP@@NJQQJQ	/	AYZI\GU]@QERYUNX^IEDF	UCWZO[ ]SX_E\@@B_IR/AY[UNC@TKJ@IQEXTJ]A]N[[
 ANK@_WX]\[X_QZUXWR]\GISS[[@QYWJWNSJCC[FVDF	  B[YARI\C\CRLEGQQBDXTK]@N@U	&
@TKJQIZQ	XWB\][[NIX]@CSJW]NXWRV]GUA 
3EERTYRNJ_ID2UCQTO[ _SX_EIDFQVO	&NIYANLANXIC_I\BNVGUA	QLWDO CBVR]J]DU[[VSACQ
A8XIJ[FDDF	RVYGUALNI]]@[NXOC_I]EJ^KAR G[YRO[G8XIKGZF@\\NP[VQ]AR^VYO@@	]AVRFK]@\\G@AOA
 SLEY]\RJCKIQ@NVUHSSSI\FN]@^Y@@QB[CDZTXARWACNB\AR_WJAN4E
F@\\N	AYH@QLUX\@@	IADFDNVFUA

LER\\NX]
+RVUBIVSO[ j	NXHD_I]GJ^KARNI\_WB	=
IAXHX	UCPSO[GUJW\NXBWXW@@NBNK[^RX@@OBQQJQ	/	AYZI\F]]@QERX]NX^IDDF	UCVRO[ ]SX^E\@@B_IR/AY[UNC@TKJ@IQVDF	  E[YAAUN ERONNX ]DJ^X\@\\GIPAO[[]JO@@	]GVRFXAR<		QVANLANXH_QPVRVJ\\NAYH@Q VLWDOD F@\\N<SXW W]\@@R+OJ]T[[P[VC@S AXICE_V/AYVK@Q][]@@EZF@]\N_QVANLXBQQCD]UARY^UCA .ZJWURJFAGJ^O_\N LAYSUN]]_@@BICXJ]RV][[ 	.EJWTNXYIDDF	  D[YAAUN ERONNX ]EJ^XO\NS[VQ]AR^W[O@@	]FVRFXARWACNQ@SG7QI[Q OJ^@UAC^C]]@AOVPVQQNXHX	

 NI]]@
T3IJAXQHAR <
NKSVE_@@C_IX NVGWVOA	.GJWYQVQ\VRWJAR
KNI\]@Z		IQI[Q
	]UCZSSL^@SW]]O
 4UF@T@\YDUA
[VF_]@CRJW\NXTVRQIAR F[YSO[ \SX_E4E
F@U\N KAYSUN ERONNX ]FJ^XO\NR[VQN]@^\@@QB[CDXWXARVACNQ@S\YNXXQ_IA; 	NMIOA NKPB
	NXHCBG  	XWC@NWAYI@Q\XIBG2[YZVIY@@S Y3
QQ KXJ^RV\[[
@TI]AN4AF@XD@NAC_C@S[PXICG_NMIOA _]Q]\WI_IGVRX&	NIUAR[KJ@@FGG]F@]\NACYG@SER]@@CIBXJ 	&NIT]@CUJW\NX ]GJ^XO\NQ[VQN]@^]@@QQG ]RVNFISSSI_Q@S\XNXXQ_IBNOJNN[[3LWDO
QQ_V
OJ^\FUAQVENLY\OVRVQW	NVFUA 
3EERTYROG_ID2UCR[O[ _SX^EIDFQVO	&NIYDNLANXIC_I\BNVGUA	QLWDO CBVR]J]EX[[VVACQ
A8XIJ[FADF	RVYBUALNI\]@[NXOF_I]EJ^JAR G[YRO[G8XIKGZF@]\NP[VQN]@^^@@QQG \RVNUUA \SXLWX]\RIQ_IBOOJNN[[
 GNK@LE%
TQNYHX		UCQOANKP^KJQI^QPXW@@N
@TKJ	
,CJ^CX@YY[[3]YU@@@ICXJAYSWY_NA8XIF]Q 	OJ_\[[
C@TKJ 	QNXHX RACUC\DWE][NXQC  7  NVNISVUUNSX[KJWXICGOJYZ[[R[VB@SER\@@E7NVOUAKNI\]@^_@@QQG _RVNUUA ]SXLWX]\SMQ_IBJOJN]GISSSJN_N	Y]OV@X_QZPXWRN@U	&
@TKJQIYQ	XWB\][[NI]]@CSJW\NXWRV^[[
,]QX\WL_Q_%	NMHZOA@NKRB	ICZ]HX(	[VF[]@\
OVQJ_Q^_RV\[[
B@TKJ 	 QNQTJXF@ULTAYNj@@JC[DXJOJY[[[V[VC@S QOVWM_QGBVRUVO\UCROAj	@@K_I]FJ^JARPACNQ@S\_NXXQ_IBKOJN]GISSRNN_N	YXOV@KCC[CGJHX LAYA[@QYSJWN@VQ
C+
RV\[[NI^]@TJW^RK_QEJ^HAR C[YSO[
@NXH_QP;NM@VSVN@QV7	XIBRQWXW@@NNKR@ KJ	,
CVRQBARAYPI@QA_NXJ_Q^^RV\[[
@@TWXX[VQFSIJ3ACUC\DZBOVWB_QGFVRTVOAYVA@Q SLVDO JQIZQ 
3 ACT_N\]XANQNJFVOQAY[N_N	YYOV@KCC[BCJHX IAYAH\C\AR]KJFIQVDF	  C[YAAUN1ANXJ_QHJ^HAR[YQSH@Q][ANGQQ_VAYK@QL8XIJ^FLDF&[VBU]@CTJW\NXT	XW@BY[[3LRQANI@DDFQAYI@QA^NXJ_Q^\RVUGIV[UNFUSX%AQNQTJXI@NAYV@@Q WLWDOIFMDFANVFUAINI]]@]	%
TQNPHX^NMIOA B@TEDO	YIVJHX HAYAH\C\ASYKJCIQEXTJ]@_N[[
 FNK@LEGQQQXJ3	AYI@Q]ZANQQCEDF	NMMOAXQVANLQIFDF ([VJYAWWE ,P
VRUCAR D[YSO[TJW\LO_QT 7NVAIOANKQ^EYIDDFPAYI@QA\NXCCC^XJRJOJN&@TWX[\NXIEDDFENVGUA
	NKT^E]@@B_I]DJ^KAR	&
@TKJPXICG ^RVNUUA ^SXLKJBIQEXTJ]A[N[[
 CNK@_WX]\QX_QZQXWRN@U

XQVS@B	=
IEDF 	NMKOAQVCR_EXIFG\F@]\N
  SX\E,^VR]O]F\@U,LVQAN@QQ_V
[YSML@Qj	@@EBGXWC\@U	^SX^EXIDDFRAY@\CZABQYOVXB+RVUGIURO[NKT_EY@@C_IXXWF]@URAC]_N^]YANT+
RVT[[Q[VB@S\^NXXQ_IBHOJN]GISSRIN_N	YYOV@KCC[BCJHX IAYAH\C\AR]KJFIQVDF	  C[YAAUN1ANXJ_QHJ^HAR[YQSH@Q]YANGQQ_VAYJ@QL8XIJ^EEDF&[VA\]@CTJW\NXT	XW@BY[[3LQZANI@DDFQAYI@QA^NXJ_Q^\RVUGIURUNE^SX%AQNQTJ[B@NAYUK@Q WLWDOIEFDFANVFUAINI]]@]	%
TQNPHX^NMHOA B@TEDO	YIVYTJ]@]\UUA ]SXLWX]\SMQ_IBJOJN]GISSSJN_N	Y]OV@X_QZPXWRN@U	&
@TKJQIYQ	XWB\][[NI^]@CSJW\NXWRV_[[
,]QX\TH_Q_%	NMKSOA@NKRB	ICZ]HX(	[VE_]@\
OVQJ_Q^_RV\[[
B@TKJ 	 QNQTJ[B@UOPAYNj@@JC[@XJOJZ_[[V[VC@S QOVTI_QGBVRUVO\UCROAj	@@K_I]FJ^KARPACNQ@S\_NXXBC[CEXFVORAY[]C\AR_EDO	[IVYTJ]@\_UUA YSXLKJGIQVDF
3 AC\_NPER_@@IADYHXUCPOAGNKRB
HQN[HX	 &	NIUDRXKJ4UJ^H]\N JAYSUNCOVRTF_I_;
NMOWOA	SX]KJ 	QNXHX PAC\_N F]@@JC[@	DFLYRVU
3L^X]ZVVQIB\HXYNMIOA
SXXKJSXIBGXF@\\N3L_DO HQIZQCNVU[OA C@TVX]\RKCQG \RVNFISSSH[Q@S\]NXXBC[CD[FVOVAY[N_N	Y\OV@X_QP 7NVGUA		QVCNLXOVPJB_IBF@Y\N MAYSUNV@@@_IU%	UCZVSOX_NZ2QIY_VIOJ\@U SX^RDO,P J^LX\NAYJ\_N F^@@C_I\CNVGUA	SL^X]ZV_Q]QNF([VJ\AT[E	NXLF_I]AJ^JARAYOY_N_]YANCQQ _V	([VK@SER\@@	]@VRFXARQACNB\AR^WJAN QNJUJ]@\]@[OA A@TVX]\RJ@QG XRVNUUA XSXLKJ,AVRUVO[YQO[SX\VDOQQ_VNOJ\@U
 LTDO
4UF@TE\ZBUA.LER_\NXXIDDF	AYIBF@SM7QI]_VRV_GUA	PLWDO C@VRTVOR[VJ\AT[HKJ[Z@@QX;NM@SSUO@Q@TQDO OQI[Q RVZAUAHNI]]@CWJW]NX
A; 	NMAOA^QV@NLF QXIQIQBNVUHSSSI]CN]@^]@@QB[CDYSXARSACNB\AR^TJANQNJFVOWAY[N_NA8XICGXWB@NAYK\B@STJW]NX_IDDF
[VG@S\2QQFD^RVO <QVCSB^NXJ_Q_RV\YLOA3AER[[NXTQN[TVOQ[VC@S[QXICG]NM@SSUO_NGULJ	,CJ^C]@Z[[[
ACZD@S ER]@@IQN^SVO]UCROACNKSB ,HJ^BAR E[YRO[]]JO@@	]AVRFK]@\\FIAOA
 SLEY]\RJBDIQ@NVUHSSSI\@N]@^Y@@QQG YRVNUUA,]XANIAXJ	RV^GHOANKPBYNXJ_QXNMMOA.ZJWUWJEDG/[YQRUNB@TKJ
]QNXJOAR	<QVGZB 	@@@CG^NMIOA ]]XAN TEJ^C]@Z[
UAU[[VNF7	
QIRCBPHXNVAAOAYQVANL\	@@EKGYF@\\N IAYRUNP7QISQVXWA@N
JNINSNLF PXIQZCDXUJO\NR[VQ]AR^V_O@@	]CVRFK]@\\GJAOA
 WLEJANQNJFVO &NI\]@LOVPVQ
AQNZTKARAYPUNE@TKJ	]J^NAR<NK[[QPANZ,	XWB]@UPAC\_NP @@C]^Q2 [YUZUNLTXAN TFJ^JAR
JNI\]@Z		KQIRCBPVOFUNMA
3EERT\RLJ_IXVRRCAR B[YSO[LQQANBQQ _VJOJ]@U	3PERU@@AIBXJ _UCAAO[\]J\\RJCB[_V]NM[RSSI\B[SNLF RXIQZCDXTIO\NV[VQN]@^X@@QQG%		UCSOA	SX\E@@ACZQOJX@UWAC\_NS QI_Q	/	AYZL\EU]@[=
IAEDFCNVGUA
	LWFX@@nXWG\@U
[V@\]@Z		HQI[Q
	_UCSOAERT\RLJGDDJ^O<QVHR^WDOXID[QQXW@@N[VD\]@CVJW]NX[IEDF<		QVINLYZOVSVQ  X[F@OR@N
KNIN@R^WY]NNX ]EJ^X\@\\GHTAO[^]J\\RJCCX_VYNM[AOA
 VLEJAN4E
F@\\N	AYK@QLUX\@@	IADFDNVGUA

LERY@@H,
OJUYGNSOA	1QOVPK_QG@VRTVO[VCBDNL[3IDEDF	NMJSOAER]@@E[F@]\N]QVHR^WANUKQI2[YZSI[B@S
]_\@@FICXJ	NMNROABNKSB]NXK_QY2[Y[O[ ^SX_E@QQBDXTJ\DN@U

^QVSS^WX\\@VQ  XYF@OA\\GIRTAUN ERO]RJCC[QXJ YUCAAO[Z]JO@@
nXW@@N AC^_N]Z]]NX 
CQNYHXXNMIOA
AJWYNX]
+RVUBITRO[ j	NXHA_I]GJ^KARNI\_WB	=
ICZHX	UCPSO[GUJW\NXBWXW@@NBNK[^PY@@MAQQJQ	/	AYZI\D^]@QERZ^NX^IDDF	UCTQO[ ]SX_E\@@B_IR/AY[UNC@TKJ@IQEXTJ]AXN[[
 ANK@_WX]]RX_QZUXWR]\GISRT[@QYWJWNSJCC[@VDF	  B[YAAUN ERONNXE, OJ\@U[VA@SEER_\SVQ PVRVVOXUCSOA
YOVWVQ
X7  NVNLSTQUN^8@@AAG[F@\\N QVAL[E%EQN_WVO[YPSUNPZOVRVQ_  IOJ\@U	]SXWW__NXD@IV3AY@\C[BNL\JW[QVQQNXHX	[YTPUN@@TKJRXIBG	3	AYA@Q PLVDO	XIVYTJ]@]XUUA ^SXLWX]\SJQ_IBKOJN]GISSRNN_N	YXOV@KCC[CGJHX LAYA[@QYSJWN@VQ
C+
RV\[[NI^]@TJW^RK_QEJ^IAR C[YSO[
@NXO_QP;NM@VSTJ@QV7	XIAYQWXWA@NNKR@ KJ	,
CVRSNARAYPI@QA_NXJ_Q^^RV\[[
@@TWXZ_VQD_IJ3ACUC\FVBOVUN_QGFVRTVOAYTM@Q SLVDO JQIZQ 
3 ACT_N\]YANQNJUJ]@\]C[OA C@TVX]\RKCQG \RVNFISSSH[Q@S\]NXXBC[CD[FVOVAY[N_N	Y\OV@X_QP 7NVGUA		QVCNLXOVPJB_IBF@Y\N MAYSUNV@@F_IU%	UCZVSNX_NZ2QIY_VIOJ]@U SX^RDO,P J^MX\NAYJ\_N F^@@C_I\CNVGUA	SL^X][V_Q\QNF([VJ\AU[E	NXMF_I]AJ^JARAYNY_N_]YANCQQ _V	([VK@SER\@@	]@VRFK]@\\FMAOA
 PLEY]\RJBCIQANVUHSSSI]DN]@^\@@QB[CDXWXARVACNQ@S\YNXXQ_IA; 	NMHOA NKPB
	NXHCBG  	XWE@NWAYI@Q\XIFG2[YZVI[F@S Y3
QQAXJ^RV][[
@TI]AN4AF@ZF@NAC_C@S[PXICG_NMIOA _]Q]\UO_IEVRX&	NIUARYKJ@@DEG]F@]\NAC[E@SER\@@CIBXJ 	&NIT]@CUJW]NX ]GJ^X\@\\GHWAO[\]J\\RJCB[_V]NM[RSSI\B[SNLF RXIQZCDXTIO\NV[VQN]@^X@@QQG%		UCSOA	SX\E@@ACZQOJ]@UWAC\_NS QI]Q	/	AYZL\DZ]@[=
IAGDFCNVFUA
	LWFX@@nXWG[@U
[V@\]@Z		HQI[Q
	_UCSOAERT\RMEGDCJ^O<QVHR^PDOXID\QQXW@@N[VD[]@CVJW]NX[IEDF<		QVINLYZOVSVQ  X[F@OA\\GIRWAUN ERO]RJCCZQXJ ]UCARSI\C]F@B JQII CDXTJ^R@N
LNINSNLF VXIQIQ	2[YSO[
@TKJ XIA[ _VRV^[[W[VC@SS
QQ_V	3AY@YC[FNL@		%IF[HX_NMHOA
]XCYNXE,	OJ[T[[
NI_ANLXAQQ_V	D[YSO[GVJWURJDDQCPF@R

<NK[^PPANQI\	_VOOJ\@UNI[INLYYOVSVQQNYHX< NKZB_NXK_QZWXWR]\GISRW[@QYUJWNSJCC[ CVDF	  F[YARI\C\@ULECQQBDXTJ]CN@U

YQVS@B NQII_V/AYSUNLUDO
QIYBXJNVDUAMNI\]@
\
IEXJ 3ACUF\FZB,
HQNZWVO_UCROA	YER]BWVQI+RV[NUA
	QVBRB
AICXJ		JAYSUNPYOV[JCDSL_V_]XWN
<SXWW_T@@QQJXJXRV\[[
QVF[B\NXK_QGCVRUVO<	SXVE^@@B_IBIOJN]GISSRMN_N	YZOV@KCC[BDJHX HAYAH\C\ASYKJCIQEXTJ]@_N[[
 FNK@LEGQQQXJ3	AYI@Q]ZANQQCEDF	NMMOAXQVANLQIBDF ([VJYAUWE ,P
VRVIAR D[YRO[TJW\LO_QT 7NVOIOANKQ^EYIDDFPAYI@QA\NXCCC\XJ\JOJN&@TWXU\NXIKDDFENVGUA
	NKZ^E]@@B_I]DJ^KAR	&
@TKJPXIBG ^RVNFISSSHXQ@S\_NXXBC[CEXFVORAY[]C\AR_EDO	[IVYTJ]@\_UUA YSXLKJGIQEXTJ\@\N[[3LVDO
QQ_V
OJ^\FUAQVDNLY\OVSVQW	NVAUA 
3EERTYRBC_ID2UCQPO[ _SX_EIDFQVO	&NIT@NLANXIC_I\BNVGUA	QLWDO CBVR]J]H\[[[RACQ
A8XIJ[KEDF	RVTFUALNI\]@[NXBB_I]EJ^KAR G[YRO[G8XIKGZF@\\NP[VQ]AR^V\O@@	]AVRFK]@\\FIAOA
 SLEY]\RJBDIQ@NVUHSSSI\@N]@^Y@@QQG YRVNFISSRI\Q@SG7QI[Q OJ^@UAC^C]]@AOVSVQQNYHX	

 NI[]@
T3IJAX\KAR <
NKPZE_@@B_IX NVGWVOA	.GJWTPVQ\VRWJAR
KNI\]@Z		IQI[Q
	]UCZSSA]@SZ\]O
 4UF@T@\TEUA
[VK^]@CRJW\NXTVR\HAR F[YRO[ \SX_E4E
F@U\N KAYRUN ERO]RJCCZQXJ ^UCARSI\C]A@B KQII CDXTKZR@N
ININ@R^WX^NNX ]AJ^XO\NW[VQ]AR^WXO@@
nXW@@N AC^_N]Z]]NX 
CQNZHXXNMHOA
AJW[NX]
+RVUBI[QO[ j	NXHG_I]GJ^KARNI\_WB	=
IL[HX	UCPSO[GUJW\NXBWXW@@NBNK[^_Z@@B@QQJQ	/	AYZI\K_]@QERU_NX^IDDF	UC[PO[ ]SX_E\@@B_IR/AY[UNC@TKJ@IQEXTJ]AXN[[
 ANK@_WX]]RX_QZUXWR]\GISRT[@QYWJWNSJCC[@VDF	  B[YAAUN ERO]RJCB[QXJ3	AYI@Q]ZANQQCEDF	NMJOAXQV@NLQICDF ([VJYAZ]E ,P
VRVNAR D[YRO[TJW\LO_QT 7NVOMOANKQ^EYIDDFPAYI@QA\NXCCCSXJ\NOJN&@TWXUXNXIK@DFENVGUA
	NKZZE]@@B_I]DJ^KAR	&
@TKJPXIBG ^RVNFISSSHXQ@S\_NXXBC[CEXFVORAY[]C\AR_EDO	[IVYTJ]@\_UUA YSXLKJGIQEXTJ\@\N[[3LWDO
QQ_V
OJ^\FUAQVENLY\OVSVQW	NV@UA 
3EERTYRBG_ID2UCQWO[ _SX_EIDFQVO	&NITDNLANXIC_I\BNVGUA	QLWDO CBVR]J]HX[[[VACQ
A8XIJ[KADF	RVTBUALNI\]@[NXBF_I]EJ^KAR G[YRO[G8XIKGZF@\\NP[VQ]AR^V\O@@	]AVRFK]@\\FIAOA
 SLEY]\RJBDIQ@NVUHSSSI\@N]@^Y@@QQG YRVNFISSRI\Q@SG7QIZQ OJ^@UAC^C]]@AOVWVQQNYHX	

 NI[]@
T3IJAX\OAR <
NKPZE_@@B_IX NVGWVOA	.GJWTTVQ\VRWJAR
KNI\]@Z		IQI[Q
	]UCZSSAY@SZX]O
 4UF@T@\TAUA
[VKZ]@CRJW]NXTVR\LAR F[YRO[ \SX_E4E
F@U\N KAYRUN ERO]RJCCZQXJ ^UCARSI\C]A@B KQII CDXTKZR@N
ININ@R^WX^NNX ]AJ^X\@\\GKSAO[Z]J\\RJBC[_V/AYSUNLUDO
QIYBXJNVFUAMNI]]@
\
IKXJ 3ACUF\ITB,
HQNZQVO_UCROA	YER]BWVQI+RVT@UA
	QVBRB
AICXJ		JAYSUNPYOV[JCK]L_VPSXWN
<SXWWPZ@@QQ	DXJXRV][[
QVIUB\NXK_QGCVRUVO<	SXVE^@@B_IBIOJN]GISSRMN_N	YZOV@KCC[BDJHX HAYAH\C\ASYKJCIQEXTJ]@_N[[
 FNK@_WX]^RX_QZPXWR]\GIRSS[@Qj	@@C_IE
F@_\N	AYQI]_NGER_@@GIBXJ ACT_NY7	
QIRCL_HX < NI^DNLY[OVSVQEOJ\BBUA,]PU@@IGXHX QAC\_N F_@@C_I\ANVNIS[T@QTI@TNE,^VR]J]HT@UAYAT_N[]YANILPHX]NMHOA\QV@NLV	,AVR\VO^UCROA
 QLEY]\RJBGIQBNVUHSSSI]CN]@^]@@QB[CDYSXARSACNB\AR^TJANQNJUJ]@\^G[OA E@TVX]\SJCQG%		UCSOA	SX\E@@ACZQOJ_@UWAC]_NS QISQ	/	AYZL\KT]@[=
IAADFCNVFUA
	LWFX@@nXWHU@U
[V@\]@Z		HQI[Q
	_UCSOAERT\RBKGKMJ^O<QVHR^^DOXIKRQQXWA@N[VKU]@CVJW]NX[IEDF<		QVINLYZOVSVQ  X[F@OA\\GIRWAUN ERO]RJCCZQXJ ]UCARSI\C]F@B JQII CDXTJ^R@N
LNIN@R^WZ]NNX ]@J^X\@\\FISAO[=LOVRVQAVRVVOUCQSRUN LSDO NQIZQ  AY[UNj@@JF[	JXJ(AC^F@SER\@@CF@]^Y@U&@TWDOQQCXJ		KAYSUNP[OVRVQ_  KOJU\GAZO[UCNKLS=IMXTC]\N[YZSUND@TKJQQCXJ\RV][[S[VB@ST=
ILDFBNVFUA _SXLWX]\SNQ_IBHOJN]GISSRIN_N	YYOV@KCC[BCJHX IAYAH\C\AR]KJFIQEXTJ]B\N[[
 GNK@_WX\\RX_QP 7NVFUA		QVCNLXOVPJB_IBF@X\N MAYRUNV@@K_IU%	UCZVS@\_NZ2QIY_VIOJ]@U SX^RDO,P J^C\\NAYJ\_N F^@@C_I\CNVGUA	SL^X]UR_QR QNF([VJ\A[_E	NXCB_I]AJ^KARAY@]_N_]YANCQQ _V	([VK@SER\@@	]@VRFK]@\\FMAOA
 PLEY]\RJBCIQANVUHSSSI]DN]@^\@@QB[CDXWXARVACNB\AR^WJANQNJUJ]@]\G[OA3PER]@@
IFDF NVEIROA
SX_EX@@B_IUUCZOA =
GOV[OCJZQ3 AYQO@Q QLVDOPVRTTX\N<NK[\EXI@[Q
	^UCSOAER]@@EYF@T@\UFOAZKNISG2QQCDQVVONM@QOAFNKSB		XIJYQUXWA@NSAYH@QA2
QQ	_VHOJ]@U

_QVSS^WX\X@VQ  XZF@OA\\GIRSAUN ERO]RJCCZQXJ \UCARSI\C\B@B OQII CDXTH]R@N
MNIN@R^VX]NNXE, OJ\@U[VA@SEER_\SVQ PVRVVOXUCROA
YOV[VQ
X7  NVNLSZQUN^8@@AEG[F@\\N QVAL[E%EQNQWVO[YPSUNPZOVRVQ_  IOJ\@U	]SXWWQ_NXJ@IV3AY@\CUBNL\JWUQVQQNYHX	[YZPUN@@TKJRXIBG	3	AYA@Q PLVDO	XIVYTJ]@]XUUA ^SXLWX]\SJQ_IBKOJN]GISSRNN_N	YXOV@KCC[CGJHX LAYAH\C\AP^KJGIQEXTJ\@\N[[3LWDO
QQ_V
OJ^\FUAQVBNLY\OVSVQW	NVNUA 
3EERTYRC@_ID2UCQUO[ _SX_EIDFQVO	&NIUENLANXIC_I\BNVGUA	QLWDO CBVR]J]I_[[ZWACQ
A8XIJ[J@DF	RVUCUALNI]]@[NXCG_I]EJ^KAR G[YRO[G8XIKGZF@\\NP[VQ]AR^V\O@@	]AVRFK]@\\FIAOA
 SLEY]\RJBDIQ@NVUHSSSI\@N]@^Y@@QB[CDZTXARWACNB\AR_WJAN4E
F@]\N	AYK@QLUX\@@	I@DFDNVFUA

LERT@@H,
OJUYG@WOA	1QOVPL_QG@VRUVO[VCBDNL[3IJADF	NMJSOAER]@@E[F@]\N]QVHR^SAN[OQI2[YZSIUF@S
]QX@@FIBXJ	NM@VOABNKSB]NXK_QY2[Y[O[ ^SX_E@QQBDXTJ\DN@U

^QVSS^WX\\@VQ  XYF@OA\\GIRTAUN ERO]RJCC[QXJ YUCARSI\C^A@B NQII CDXUJ]R@N<	SX_EXIAGF@_@]@U
[VF@SER\@@XOJU@U
 3L^]]UWVQ];	NVEOOA_QV@NL\	QQ]ADF3ACUE@SXJW_RVQ_  HOJ\@U	_SX^EZIMXTCX@NNOAY[
1QNXCCCR_V XWIZ@UVAC]_N
PJWUTVQ QNYHX\NMHOA 1ANXB_QGAVRUVOPAY[]C\AR_EDO	YIVYTJ]@]\UUA ]SXLWX]\SMQ_IBJOJN]GISSSJN_N	Y]OV@KCC[ADJHX MAYAH\C\@R^KJ,AVRTVO[YQO[SX\VDOQQ _VNOJ]@U
 LVXANnXWIY\NOOA =
TJW^UVQQNYHX	AC\]Y]@ P2QQDXJ NVDIOA \]XAN TGJ^JAR
HNIUARWDOUUXIIW%	UCZSS@[_NL^_ANFQQ _V
NVNNOA]QV@NLYXOVSVQP %		UC[OAANKSB IQII CDXTKYR@N
KNIN@R^WY]NNX ]EJ^X\@\\GHTAO[^]J\\RJCCX_VYNM[RSSI\A\SNLF VXIQZCDYTJO\N< NKRB	@@A_I\J^H]A@NAC^_NZ]YANRXWA\@U
 3L^]]UUVQ];	NVENOA_QV@NL\	QQ]ADF3ACUK@SXJW_RVQ_  HOJ\@U	_SX^EZIMXTCZ@NNAAY[
1QNXCCCR	_V XWIT@UVAC]_N
PJWUZVQ QNYHX\NMHOA 1ANXB_QGAVRUVOPAY[]C\AR_EDO	YIVYTJ]@]\UUA ]SXLWX]\SMQ_IBJOJN]GISSSJN_N	Y]OV@KCC[ADJHX MAYAH\C\@R^KJ,AVRTVO[YQO[SX\VDOQQ_VNOJ]@U
 LVXANnXWIY\NAOA =
TJW^UVQQNYHX	AC\]Y]@ P2QQJXJ NVDIOA \]XAN TGJ^JAR
HNIUARWDOU[XIIW%	UCZSS@U_NL^QANFQQ _V
NVN@OA]QV@NLYXOVSVQP %		UC[OAANKSB IQII CDXTKYR@N
KNIN@R^WY]NNX ]EJ^X\@\\GHTAO[^]J\\RJCCX_VYNM[RSSI\A\SNLF VXIQZCDYTJO\N< NKRB	@@A_I\J^H]A@NACX_NZ]YANRXWA\@U
 3L^]]U[VQ];	NVENOA_QV@NL\	QQ]ADF3AC]C\]@\
OVQJ_Q^_RV\[[
B@TKJ 	 QNQTJTI@UHSSACQ
A8XIJ[ CDDF	RV]GIOAYQV@NL\	@@BC[QUXWA@NSAYH@QA2
QQ	_VHOJ]@U

_QVSS^WX\X@VQ  XZF@OA\\GIRSAUN ERO]RJCCZQXJ \UCARSI\C\B@B OQII CDXTH]R@N
MNIN@R^VX]NNXE, OJ]@U[VA@SEER_\SVQ PVRQVOXUCROA
YOVSJ_QP;NM@VRSI@QV7	XIA\QWXWA@NNKR@ KJ	,
CVRUJ]\NAYJ\_N F^@@C_I\CNVGUA	SL^X\\R_QZBVRX&	NIUAS^KJ@@BCZQQXW@@N[VB\@NLYYOVRVQQNYHX< NKZB_NXJ_QZWXWRN@U

^QVS@B KQII_V\NM[RSSI\ATSNLF WXIQIQDNVU[OA3PER]@@
IGDF NVEIROA
SX_EX@@C_IUUCROA =
GOV[OBCZQ3 AYRA@Q QLWDOPVRTTX\N<NKS^KJQIX_V	E[YSO[GTJW\NXBUXWI\]GHOAH\ANKLS=IMXUJ_\N[YRSK@Q WLWDOIBDZHX]NMIOA\QV@NLV	,AVR\VO^UCSOA
 QLEJANQNJFVORAY[N_N	YXOV@KCC[ALJHX LAYA[@QYSJWN@VQ
C+
RV\[[NI_]@TJW^RK_QEJ^HAR C[YSO[
@NXK_QP;NM@VRSK@QV7	XIBSQWXW@@NNKR@ KJ	,
CVRUJ^\NAYJ\_N F^@@C_I\CNVGUA	SL^X\\P_QZ@VRX&	NIUAS^KJ@@BCXQQXW@@N[VB\BNLYYOVRVQQNYHX< NKZB_NXJ_QZWXWRN@U

^QVS@B KQII_V\NM[RSSI\ATSNLF WXIQIQDNVU[OA3PER]@@
IGDF NVEIROA
SX]EX@@C_IUUCROA =
GOV[OBCXQ3 AYRA@Q QLWDOPVRTTX\N<NKS^KJQIX_V	E[YSO[GTJW\NXBUXWI\]GJOAH\GNKLS=IMXUJY\N[YRSM@Q WLWDOIBD\HX]NMIOA\QV@NLV	,AVR\VO^UCSOA
 QLEJANQNJFVORAY[N_N	YXOV@KCC[ALJHX LAYA[@QYSJWN@VQ
C+
RV\[[NI_]@TJW^RK_QEJ^NAR C[YSO[
@NXK_QP;NM@VRSM@QV7	XIBSQWXW@@NNKR@ KJ	,
CVRUJX\NAYJ\_N F^@@C_I\CNVGUA	SL^X\\V_QZFVRX&	NIUAS^ KJ@@BC^QQXW@@N[VB\DNLYYOVRVQQNYHX< NKZB_NXJ_QZWXWRN@U

^QVS@B KQII_V\NM[RSSI\ATSNLF WXIQIQDNVU[OA3PER\@@
IGDF NVEIROA
SX[EX@@C_IUUCROA =
GOV[OBC^Q3 AYRA@Q QLWDOPVRTTX\N<NKS^KJQIX_V	E[YSO[GTJW\NXBUXWI\]GLOAH\ENKLS=IMXUJ[\N[YRSO@Q WLWDOIBD^HX]NMHOA\QV@NLV	,AVR\VO^UCSOA
 QLEJANQNJFVORAY[]C\AR_EDO	[IVYTJ]@^TUUA YSXLKJGIQVDF
3 AC\_NPER^@@IADYHXUCROAGNKRB
HQNZHX	 &	NIUDS^KJ4UJ^KT\N JAYSUNCOVRTF_I_;
NMHSTO[@TWDO CAVRTVOP[VC@S[SXIJ[ CBHX\@[NMA
3EERT\SJD_IXVRUJZ\N LAYSUN]Y][NXZIEDF@NVFUA 	=LOVZVQQNXHX JAYA[@QYUJWN@VQ  XYF@OA\\GIRZAUN ERO]RJCCY	QXJ YUCAAO[Z]JO@@
nXW@@N AC__N]Z]]NX 
CQNZHXXNMIOA
AJW^NX]
+RVUBHSTO[ j	NXKJ_I]GJ^JARNI\_WB	=
IEX\VO[YPSUNPZOVRVQ_  IOJ\@U	]SXWVXZNXBCSIJ3ACUC]AZBOVSJK_I]AJ^JARAYH\K@SER\@@CIBXJ 	&NIT]@CUJW\NX ]GJ^XO\NQ[VQN]@^]@@QB[CDY]XARSACNB\AR^_JANQNJFVOWAY[N_NA8XICGXWC@NAYK\B@STJW_NX_IDDF
[VA@S\2QQFEX\VO <QV@[B^NXJ_Q_RV\YLOA3AER\\[VQ\VRWJAR
KNI\]@Z		IQI[Q
	]UCZSRIT@SS^ERN nXWI\]G@OA
NI]A[BXNXJ_Q_F@\@U@URAC]_N^]YANT+
RVT[[Q[VC@S\^NXXQ_IBHOJNN[[
 BNK@_WX]][X_QZTXWR]\GISQ[[@QYRJWN@VQ  X\F@OR@N<	SX^EXI@GF@_@]@U
[VG@SER]@@XOJ^@U
 3L^]\\[VQ];	NVF@OA_QVANL\	QQ]ADF3AC]B\]@\
OVQJ_Q^_RV\[[
B@TKJ 	 QNQTK]I@UHRSACQ
A8XIJ[ BDDF	RV]FIOAYQVANL\	@@BB[QUXWA@NSAYH@QA2
QQ	_VHOJ\@U

_QVS@B HQII_V]NM[RSSI\BUSNLF RXIQZCDXVBO\NV[VQN]@^X@@QQG%		UCROA	SX]E@@ACZQOJY@UWAC\_NS QIYQ	/	AYZL]B\]@[=
IBMDFCNVGUA
	LWFX@@nXWA]][[
NI_ANLXAQQ_V	D[YSO[GVJWURKBCQEYUXWN
<SXWVY\@@QQ BEDFENVGUA
	NKS_KJSXIBGXF@\\N3L_DO HQIZQCNVU[OA C@TVX]\RKAQG \RVNFISSSHUQ@S\]NXXBC[CFPFVOVAY[N_N	Y\OV@X_QP 7NVGUA		QVBNLXOVPJB_IBF@\\N MAYSUNV@@@_IU%	UCZVRH]_NZ2QIY_VIOJ\@U SX^RDO,P J^K\B@NAC_C@S[PXICG_NMIOA _]Q]]SK_I BFJ^O<QVHR_UDOXIBZ_VOOJ\@UNI]@PB\NXK_QGCVRUVO<	SXVE^@@B_IBIOJNN[[
 ANK@_WX]]PX_QZUXWR]\GISRZ[@QYWJWNSJCC[KVDF	  B[YAAUN ERONNXE, OJ\@U[V@@SEER_\SVQ PVRVVOXUCSOA
YOVQVQ
X7  NVNLRRQUN^8@@ACG[F@]\N QVAL[E%EQNYUIARAYPI@QA_NXJ_Q^^RV\[[
@@TWY\^VQBZQNF([VJ\@S]E	NXKB@G]F@]\NAC]B_]@CVJW]NX[IEDF<		QVINLYZOVSVQ  X[F@OR@N
KNIN@R^WY_NNX ]EJ^X\@\\GHZAO[^]J\\RJCAS_VYNM[AOA
 VLEJAN4E
F@]\N	AYJ@QLUX\@@	IGDFDNVGUA

LER^@@H,
OJUYFHPOA	1QOVPJ_QG@VRTVO[VCBDNL[3IBE\HX	UCPSO[GUJW\NXBWXW@@NBNK[^V[@@KBGIV3AY@\B]ENL\JW]SN_QGFVRTVOAYRHX_N_]YANCQQ _V	([VK@SER\@@	]@VRFXARQACNB\AR^UJAN QNJUJ]@\]N[OA A@TVX]\RHKQG XRVNUUA XSXLKJ,AVRTVO[YPO[SX\VDOQQ_VNOJ\@U
 LTDO
4UF@TE]]CUA.LER_\NXXIDDF	AYIBF@SM7QIZ FXJ NVDIOA \]XAN TGJ^JAR
HNIUAS_DO]SOQI2[YZSH]F@S
]Y\YNX^IDDF	UCRRVUN@@TKJRXIBG	3	AYA@Q PLVDO	XIVJHX KAYAH\C\AS\KJBIQEXTJ]AUN[[
 CNK@_WX]^ZX_QZQXWRN@U

XQVS@B	=
IEDF 	NMJOAQVCR_EXIFG\F@]\N
  SX]E,^VR]O\AY@U,LUXAN@QQ_V
[YSML@Qj	@@BB]Q 	OJ_\[[
C@TKJ 	QNXHX RACUC]@WEY\Z@@QX;NM@SRRO@Q@TV^ANFQQ_V
NVFHUOABNKSB]NXK_QY2[Y[O[ ^SX_E@QQQXJ ^UCARSI\C]C@B KQII CDXTKTR@N
ININ@R^WZUNNX ]AJ^XO\NW[VQN]@T2
QQ_V
RV_[[[VA\@NLF	NXK_QGGVRTVO
 QVENLQ=IM]UK[\N &SX\KJQXICG NMIMVO[=TOVSKD_IEF@^@@NANKRB
@ICXJ		HAYZI]BZNLV_OVXB+RVUGHRTO[NKS_KJWXICGOJ]]@UAHNI]]@CWJW]NX
A; 	NMAOA^QV@NLF QXIQIQBNVUHSSSI]AN]@^]@@QB[CDY]XARSACNB\AR^_JANQNJFVOWAY[N_NA8XICGXWC@NAYK\B@STJW^NX_IDDF
[VG@S\2QQFEYSVO <QVCSB^NXJ_Q_RV\YLOA3AER\]ZVQ\VRWJAR
KNI\]@Z		IQI[Q
	]UCZSRH[@SS_ERN nXWI\]FAOA
NI]@ZBXNXJ_Q_F@\AT@URAC]_N^]YANT+
RVT[[Q[VB@S\^NXXQ_IBHOJN]GISSRKN_N	YYOV@KCC[BMJHX IAYAH\C\APVKJFIQVDF	  C[YAAUN1ANXJ_QHJ^IAR[YQSH@Q][ANGQQ_VAYM@QL8XIJ^ BLDF&[VA]]@CTJW\NXT	XW@BY[[3LVYT@@IGXHX QAC\_N F_@@C_I\ANVNIRR[@Q]@[LJ	,CJ^C]A]U[[
AC]BU]@CRJW\NXTVRUKT\N HAYRUNA@TKJ
nXWH@NQAYH@QYTJWN@VQ  XZF@OA\\GIRQAUN ERO]RJCCZQXJ \UCARSI\C^I@B OQII_VXNM[AOA	.EJW\NX
TQN[HX NMKSRO[@TKJVXICG [YWO[1QNXCFBZ_V
3AYK]_N]]XANGJ^JCE@N<	SX_WDOQQCXJ		KAYSUNP[OVRVQ_  KOJU\FHZO[]A\SX%AQNQTK_@@NAYRK\_N[]XANIEZTVO]UCROACNKSB ,HJ^BAR E[YRO[]]JO@@	]AVRFK]@\\FKAOA
 SLEY]\RJBJIQ@NVUHSSSI^KN]@^Y@@QQG YRVNUUA,]YANI@XJ	RV^GHOANKWBYNXJ_QXNMMOA.ZJWUWKACG/[YQRUNB@TKJ
]QNXJOAR	<QV@P_EXI@[Q
	^UCSOAER]@@EYF@T@]^GOARK]QV
@\3IJDYVKARUCRQRUND@TKJQQ AEDFANVFUAINI]]@]	%
TQNPHX^NMHOA B@TVX]\SJCQG _RVNFISSSH^Q@S\\NXXBC[CEQFVOSAY[]C\AR\EDO	^IVJHX MAYA[@Qj	@@C_IE
F@^\N	AYQI]_NGER\@@GICXJ ACY_NY7	
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 4UF@T@]^EUA
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 CNK@_WX]^ZX_QZQXWRN@U

XQVS@B	=
IDDF 	NMJOAQVCR_EXIAG\F@]\N
  SX[E,^VR]O\B^@U,LUZAN@QQ _V
[YSML@Qj	@@BAXQ 	OJ_\[[
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NVFKPOABNKSB]NXK_QY2[Y[O[ ^SX_E@QQBDXTK]@N@U

^QVSS^WX\^@VQ  XYF@OA\\GIRZAUN ERO]RJCCY	QXJ YUCAAO[Z]JO@@
nXW@@N AC__N]Z]]NX 
CQN[HXXNMIOA
AJWYNX]
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IEZPVO[YPSUNPZOVRVQ_  IOJ\@U	]SXWVZ^NXBA_IJ3ACUC]CVBOVSHG_I]AJ^JARAYH^G@SER\@@CIBXJ 	&NIT]@CUJW]NX ]GJ^X\@\\FISAO[\]J\\RJCBY_V]NM[RSSI\BUSNLF RXIQZCDXVBO\NV[VQN]@^X@@QQG%		UCSOA	SX]E@@ACZQOJX@UWAC\_NS QI^Q	/	AYZL]AX]@[=
IAFDFCNVFUA
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<SXWVZX@@QQ AADFENVGUA
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E
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E3IKXJ_RV][[
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IDDF 	NMJOAQVCR_EXIAG\F@\\N
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TJW^WVQQNYHX	AC\]Y]@ P2QQ GEDF	NMJSOAER]@@E[F@]\N]QVHR_WANSNBQQJQ	/	AYZI]G]]@QER\XSVQQNYHX	[YRWH@Q SLVDO JQIZQ 
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]QNXJOAR	<QV@V\EXI@[Q
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
<NK[^S[ANQIZ@XJXRV][[
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[VJ@S\2QQFE\WVO <QVCTB^NXK_Q_RV\YLOA3AER\XVVQ\VRWJAR
KNI\]@Z		IQI[Q
	]UCZSRM_@SSZERN nXWI\]CMOA
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RVT[[Q[VB@S\^NXXBC[BDXFVOQAY[]C\AR_EDO	ZIVYTJ]@]UUUA \SXLWX]\PBQ_IBOOJN]GISSRMN_N	Y\OV@KCC[ADJHX([VC@SEJW_NXIFXUVO[YWO[ XSX_E
E
VR]VO <QVHW_SDO nF@_F@NPAYH@QG	NXJ]FG%UCRWVUNLTXAN TFJ^JAR
JNI\]@Z		KQIRB@\VOAXYUCA .ZJWURKGFGJ^KYE@NVAYH@QMER\XWVQ QNYHX\NMHOA 1ANXB_QGAVRUVOPAY[]C\AS^EDO	YIVYTJ]@]^UUA ]SXLWX]\SCQ_IBJOJN]GISSQAN_N	Y]OV@KCC[B@JHX MAYAH\C\AP^KJ,AVRUVO[YPO[SX\VDOQQ_VNOJ]@U
 L^DO
4UF@TE]XBUA.LER_ZNXXIEDF	AYIBF@SM7QIZEXJ NVDIOA \]XAN TGJ^JAR
HNIUASZ DO]VLQI2[YZSHXE@S
]YYZNX^IEDF	UCRWUUN@@TKJRXIBG	3	AYA@Q PLVDO	XIVYTJ]A\\UUA ^SXLWX]\SHQ_IBKOJN]GISSR@N_N	YXOV@KCC[ALJHX LAYAH\C\ASZKJGIQEXTJ]B\N[[3LWDO
QQ_V
OJ^\FUAQV@NLY\OVSVQW	NVFIOA.ZJWUWKGEG/[YQTUNB@TKJ
]QNXJOAR	<QV@VYEXI@[Q
	^UCSOAER]@@EYF@T@]XAOARM[QV
@\3IJDYPMARUCRWTUND@TKJQQ GCDFANVFUAINI]]@]	%
TQNPHX^NMHOA B@TVX]\SJCQG _RVNFISSSH^Q@S\\NXXBC[CEQFVOSAY[]C\AR\EDO	^IVYTJ]@]XUUA XSXLWX]\PJQ_IA; 	NMIOA NKQB
	NXHCBG  	XWB@NWAYH@Q\XIB[Q	/	AYZL]G[]@[=
IACDFCNVFUA
	LWFX@@nXWAXT[[
NI_ANLXAQQ_V	D[YSO[GVJWURKGDQE\\XWN
<SXWV\U@@QQ GLDFENVFUA
	NKSZKJSXIBGXF@\\N3L_DO HQIZQCNVUHSSSH\CN]@^^@@QB[CDYVXARRACNB\AR^^JANQNJUJ]@\^O[OA D@TVX]\RKGQG YRVNFISSSK\Q@SG7QI[Q OJ_@UAC^C]]@AOVQVQQNYHX	

 NI]ANLQ=IM]UNU\N &SX\KJQXIBG NMIMVO[=TOVSNJ_IEF@^@@NANKRB
@ICXJ		HAYZI]GTNLSQOVXB+RVUGHWZO[NKSZKJWXIBGOJ]XNUAHNI]]@CWJW]NX
A; 	NMAOA^QV@NLF QXIQZCDYTJO\NQ[VQ]AR^VZO@@	]BVRFK]@\\F@AOA
 RLEY]\RJAKIQENVUHSSSI]GN]@^X@@QB[CDZTXAR<		QVANLANXI_QPVRVJ\\NAYM@Q VLVDOD F@\@@N
&@TRYYUNX^7 RV^@UAJNI]]@[QI[FXJ
3AYHYC@SXJW_RVQ_  HOJ\@U	_SX^EZIMXUNT@NFLSAYNj@@JCZCXJOJ]YGUALNI]]@[NXKFCGYF@\\N IAYRUNP7QISQVXWA@N
JNIN@R^VX]NNX ]FJ^X\@\\GHQAO[_]J\\RJCBR_V\NM[RSSI\ATSNLF WXIQZCDXUNO\NW[VQ]AR^UXO@@
nXWA@N AC__N]Z]]NX 
CQN]HXXNMHOA
AJW]RVQ
X7  NVNLRVSUN^8@@ADG[F@\\N QVAL[E%EQNYQJARAYPI@QA_NXJ_Q^^RV\[[
@@TWYX\VQB^ QNF([VJ\@W_E	NXKFBG]F@]\NAC]F]]@CVJW\NX[IEDF<		QVINLYZOVRVQ  X[F@OR@N
KNINSNLF SXIQIQ@NVUHSSSI^DN]@^Y@@QQG YRVNUUA,]XANIGXJ	RV^GHOANKSBYNXJ_QXNMHOA.ZJWUWKFBG/[YR[UNB@TKJ
]QNXJOAR	<QV@W\EXI@[Q
	^UCSOAER]@@EYF@T@]YFOARL^QV
@\3IJDYQHARUCRVQUND@TKJQQ FFDFANVGUAINI]]@]	%
TQNPHX^NMIOA B@TEDO	YIVJHX HAYA[@QYWJWNSJCC[DVDF	  B[YAAUN ERONNXE, OJ\@U[VG@SEER_\SVQ PVRVVOXUCSOA
YOVSVQ
X7  NVNLRVQUN^8@@BKG[F@]\N QVAL[E%EQNYQIARAYPI@QA_NXJ_Q^^RV\[[
@@TWYX^VQB^QNF([VJ\@W]E	NXKF@G]F@]\NAC]F_]@CVJW\NX[IEDF<		QVINLYZOVRVQ  X[F@OR@N
KNINSNLF SXIQIQ@NVUHSSSI^DN]@^Y@@QQG YRVNUUA,]XANIGXJ	RV^GHOANKQBYNXJ_QXNMHOA.ZJWUWKF@G/[YR[UNB@TKJ
]QNXJOAR	<QV@WZEXI@[Q
	^UCSOAER]@@EYF@T@]YDOARLXQV
@\3IJDYQNARUCRVWUND@TKJQQ F@DFANVGUAINI]]@]	%
TQNPHX^NMIOA B@TEDO	YIVJHX HAYA[@QYWJWNSJCC[DVDF	  B[YAAUN ERONNXE, OJ\@U[VG@SEER_\SVQ PVRPVOXUCSOA
YOVSVQ
X7  NVNLRVWUN^8@@BKG[F@]\N QVAL[E%EQNYQOARAYPI@QA_NXJ_Q^^RV\[[
@@TWYXXVQB^QNF([VJ\@W[E	NXKFFG]F@]\NAC]FY]@CVJW\NX[IEDF<		QVINLYZOVRVQ  X[F@OR@N
KNINSNLF SXIQIQ@NVUHSSSI^DN]@^Y@@QQG YRVNUUA,]YANIGXJ	RV^GHOANKWBYNXJ_QXNMHOA.ZJWUWKFFG/[YR[UNB@TKJ
]QNXJOAR	<QV@WXEXI@[Q
	^UCSOAER]@@EYF@T@]YBOARLZQV
@\3IJDYQLARUCRVUUND@TKJQQ FBDFANVFUAINI]]@]	%
TQNPHX^NMIOA B@TEDO	YIVJHX HAYAH\C\ASVKJCIQEXTJ]B[N[[
 FNK@LEGQQQXJ3	AYI@Q]\ANQQCEDF	NMHOAXQVANLQIFDF ([VJY@WXE ,P
VRUCAR D[YSO[TJW\LO_QT 7NVFLTOA	SX]KJ 	QNXHX PAC\_N F]@@JCZE	DFKXGNV[

,]Q]]WM_QUQNYQMAR B[YSO[LV]Z@@BIBXJ]RV][[ 	.EJWTNXYIDDF	  D[YAAUN ERONNX ]EJ^X\@\\GH[AO[^]J\\RJCA\_VYNM[AOA
 VLEJAN4E
F@]\N	AYM@QLUX\@@	IFDFDNVGUA

LER_@@H,
OJUYFLTOA	1QOVSC_QG@VRTVO[VCBDNL[3IBAPHX	UCPSO[GUJW\NXBWXW@@NBNK[^R_@@KFKIV3AY@\BYINL\JW]WB_QGFVRTVOAYRLT_N_]YANCQQ _V	([VK@SER]@@	]@VRFXARQACNQ@S\\NXXBC[CEPFVOSAY[]C\AR\EDO	^IVJHX MAYA[@Qj	@@C_IE
F@Y\N	AYQI]_NGER^@@GICXJ AC^_NY7	
QIRBAPHX < NI]HNLY[OVRVQEOJ\BBUA,]YXUNXTQN[TVOQ[VC@S[QXICG]NM@SRVA_N@WW]O
 4UF@T@]YNUA
[VBYHNLY]OVRVQUJ^KXI@NRAYH@Q RLVDO
C, OJT@UQAC\_N	Y[OV@X_QZVXWRN@U

]QVSS^WX\T@VQ  XXF@OA\\GIQTAUN  ERONNX ]@J^XO\N< NKRB	@@G_I\J^H]A@NACX_NZ]XANRXWB@N
&@TRYXUNX^7 RV]NUAJNI\]@[QI[FXJ
3AYHZC@SXJW_RVQ_  HOJ\@U	_SX^EZIMXUOT@NFOSAYNj@@JCZCXJOJ]ZGUALNI\]@[NXKECGYF@\\N IAYRUNP7QISQVXW@@N
JNINSNLF PXIQIQANVUHSSSI]KN]@^\@@QB[CDZSXARVACNQ@S\YNXXQ_IA; 	NMHOA NKVB
	NXHCBG  	XWE@NWAYI@Q\XIAG2[YZVHZC@S Y3
QQ JXJ^RV\[[
@TI]AN4AF@\F]@U
[V@\]@Z		HQI[Q
	_UCSOAERT\SLCGBBYF@R

<NK[^QYANQIZBXJXRV\[[
QV@T_E]@@B_I]DJ^KAR	&
@TKJPXIBG ^RVNUUA ^SXLWX]\SJQ_IBKOJN]GISSRAN_N	YXOV@KCC[ACJHX LAYA[@QYSJWN@VQ
C+
RV\[[NIX]@TJW^RK_QEJ^KAR C[YSO[
@NXI_QP;NM@VRUH@QV7	XIA[QWXW@@NNKR@ KJ	,
CVRUL_\NAYJ\_N F^@@C_I\CNVGUA	SL^X\ZS_QZAVRX&	NIUASXKJ@@BEYQQXW@@N[VBZCNLYYOVSVQQNYHX< NKZB_NXK_QZWXWRN@U

^QVSS^WX\\@VQ  XYF@OA\\GIR[AUN ERO]RJCCYQXJ YUCAAO[Z]JO@@
nXW@@N ACX_N]Z]]NX 
CQNZHXXNMIOA
AJW_NX]
+RVUBHUQO[ j	NXHC_I]GJ^JARNI\_WB	=
IE^WVO[YPSUNPZOVRVQ_  IOJ\@U	]SXWV^_NXBEXIJ3ACUC]GQBOVSL@_I]AJ^JARAYHZ@@SER\@@CIBXJ 	&NIT]@CUJW]NX ]GJ^XO\NQ[VQ]AR^VXO@@	]BVRFK]@\\FAAOA
 RLEY]\RJADIQENVU[OA E@TEDO,HJ^JARAYWUN@TWYANI@XJYRV\[[
][ANnXWIY]AJOA =
TJW^RVQQNXHX	AC\]Y]@ P2QQ E@DF	NMJSOAER]@@E[F@]\N]QVHR_TANSLGQQJQ	/	AYZI]EX]@QER\ZVVQQNXHX	[YRUM@Q SLVDO JQIZQ 
3 ACT_N\]YANQNJFVOQAY[]C\AR_EDO	ZIVYTJ]@]TUUA \SXLWX]\PMQ_IBOOJNN[[
 GNK@LE%
TQNXHX		UCWOANKP^KJQI_QPXW@@N
@TKJ	
,CJ^CXAZX[[3]Z]@@@ICXJAYSWY_NA8XIB]_VRV_GUA	PLWDO C@VRTVOR[VJ\@TZHKJ\ZWXIIW%	UCZSROY_NLV^X@@FICXJ	NMHUVO[ ]SX_E\@@B_IR/AY[UNC@TKJ@IQVDF	  E[YARI\C\@RLEBQQBDXTJ\HN@U

\QVSS^WX_[@VQ  X]F@OR@N
MNINSNLE3IBXJNVCUA	NI^ASB@@F_I]@J^JAR
 
NKQB	 %AQNQQK[E@N 3@TWDO IQI[Q UCSMVUN		1ENXKEEGXWC\@U	^SX^EXIDDFRAY@\BZDBV^[NXQC  7  NVNIRUUUNSX_QDO OQI[Q RV]AOOA]QV@NLYXOVSVQP %		UC[OAANKSB IQII_V^NM[RSSI\B\SNLF SXIQZCDXUBO\NS[VQ]AR^U_O@@	]FVRFXARWACNQ@SG7QI[Q OJX@UAC^C]]@AOVSVQQNXHX	

 NIX]@
T3IJAYRLAR <
NKP_E_@@C_IX NVGWVOA	.GJW]TM_QXJ^I]\N^QVANLX@QQ_V	F[YZSHZE]@_PJW@E,
OJU\FOTOAQV@TYEY@@C_IXXWAZ[[[R[VB@SER\@@E7NVOUAKNI]]@^_@@QQG _RVNFISSSH\Q@S\\NXXBC[CEPFVOSAY[]C\AR\EDO	^IVJHX MAYA[@Qj	@@C_IE
F@Y\N	AYQI]_NGER_@@GICXJ ACX_NY7	
QIRBB_HX < NI^@NLY[OVRVQEOJ\BBUA,]Y[TNXTQN[TVOQ[VC@S[QXICG]NM@SRUN_N@TV]O
 4UF@T@]ZOUA
[VBZINLY]OVRVQUJ^K[H@NRAYH@Q RLVDO
C, OJT@UQAC]_N	Y[OV@X_QZVXWR]\GISRS[@QYVJWNSJCC[ KVDF	  G[YARI\C\CULEFQQQXJ XUCAAO[=LOVRVQAVRPVOUCQSRUN LTDO NQI[Q  AYWUNj@@JFZKXJ(AC^B@SER]@@CF@]^Y@U&@TQQANI@DDFQAYI@QA^NXJ_Q^\RVUGHU[UNBZH@TNE,^VR]J\FU@UAYHZJ@S ER]@@IQNYRCAR F[YRO[ \SX_E4E
F@U\N KAYRUN ERONNX ]FJ^X\@\\GHSAO[_]J\\RJCBS_V\NM[RSSI\A[SNLF WXIQIQDNVU[OA3PER]@@
I@DF NVEIROA
SXZEX@@C_IUUCWOA =
GOV[OBERQ3 AYQH@Q QLWDOPVRTTX\N<NKSYKJQIX_V	E[YSO[GTJW\NXBUXWI\]A@OAH[CNKLS=IMXUM]\N[YRTI@Q WLWDOIBCXHX]NMHOA\QV@NLV	,AVR\VO^UCROA
 QLEJANQNJUJ]@\]G[OA @@TVX]\RKKQG ]RVNFISSSK[Q@S\XNXXQ_IBNOJNN[[3LVDO
QQ_V
OJ^\FUAQVDNLY\OVRVQW	NVCUA 
3EERTYSMC_ID2UCQRO[ _SX^EIDFQVO	&NI]FSB 	@@@CG^NMIOA ]]XAN TEJ^C]A[\
UARTHNISG2QQCE_UVONMHTRO[ YSX^EQIZBXJ\RV][[S[VB@ST=
ILDFBNVFUA _SXLWX]\RCQ_IBHOJN]GISSRIN_N	YYOV@KCC[BLJHX IAYAH\C\APYKJFIQVDF	  C[YAAUN1ANXJ_QHJ^NAR[YQSH@Q]YANGQQ_VAYL@QL8XIJ^ DEDF&[VA^]@CTJW]NXT	XW@BY[[3LV__@@IGXHX QAC\_N F_@@C_I\ANVNIRTR@Q]FPLJ	,CJ^C]A[^[[
AC]D^]@CRJW\NXTVRUM_\N HAYRUNA@TKJ
nXWH@NQAYH@QYTJWNSJCC[JVDF	  E[YARI\C\@RLEBQQBDXTJ\HN@U

\QVSS^WX_[@VQ  X]F@OR@N
MNINSNLE3ICXJNVCUA	NI^ASB@@A_I]@J^JAR
 
NKWB	 %AQNQQKZB@N 3@TUDO IQIZQ UCSMVUN		1ENXKD@GXWC\@U	^SX^EXIDDFRAY@\B[CBV_^NXQC  7  NVNIRTPUNSX_TDO OQI[Q RV]@JOA]QV@NLYXOVSVQP %		UC[OAANKSB IQII CDXTJTR@N
KNIN@R^WY]NNX ]EJ^X\@\\GH[AO[^]J\\RJCA\_VYNM[AOA
 VLEJAN4E
F@]\N	AYM@QLUX\@@	IGDFDNVGUA

LERX@@H,
OJUYFNPOA	1QOVPH_QG@VRUVO[VCBDNL[3IBC\HX	UCPSO[GUJW\NXBWXW@@NBNK[^P[@@KDGIV3AY@\B[ENL\JW]UN_QGFVRTVOAYRNX_N_]YANCQQ _V	([VK@SER\@@	]@VRFK]@\\G@AOA
 PLEY]\RJBCIQANVUHSSSI]KN]@^\@@QB[CDZSXARVACNQ@S\YNXXQ_IA; 	NMIOA NKVB
	NXHCBG  	XWD@NWAYI@Q\XIFG2[YZVH[G@S Y3
QQAXJ^RV][[
@TI]AN4AF@\GY@U
[V@\]@Z		HQI[Q
	_UCSOAERT\SMGGBC]F@R

<NK[^P]ANQIZFXJXRV\[[
QV@U[E]@@B_I]DJ^KAR	&
@TKJPXIBG ^RVNFISSSIUQ@S\_NXXBC[CEXFVORAY[]C\AR_EDO	[IVYTJ]@^[UUA YSXLKJGIQVDF
3 AC]_NPERY@@IADYHXUCVOAGNKRB
HQN]HX	 &	NIUDSY KJ4UJ^H_\N JAYRUNCOVRTF_I_;
NMHTUO[@TWDO CAVRTVOP[VC@S[SXIJ[ DAHX\GZNMA
3EERT\SME_IXVRUM[\N LAYSUN]YZZNXZIEDF@NVFUA 	=LOVZVQQNYHX JAYAH\C\ARWKJAIQEXTJ]A\N[[
 BNK@_WX]]ZX_QZTXWR]\GISQT[@QYRJWN@VQ  X\F@OR@N<	SX^EXIGGF@_@]@U
[VB@SER]@@XOJZ@U
 3L^]\[TVQ];	NVEJOA_QV@NL\	QQ]ADF3AC]D[]@\
OVQJ_Q^_RV\[[
B@TKJ 	 QNQTKZF@UHTTACQ
A8XIJ[ DCDF	RV]@NOAYQVANL\	@@BD\QUXWA@NSAYH@QA2
QQ	_VHOJ]@U

_QVSS^WX]U@VQ  XZF@OA\\GIRSAUN ERO]RJCCZ	QXJ \UCARSI\C^F@B OQII_VXNM[AOA	.EJW\NX
TQN\HX NMKSRO[@TKJVXICG [YUO[1QNXCFB\_V
3AYK__N]]YANGJ^JCE@N<	SX__DOQQCXJ		KAYSUNP[OVRVQ_  KOJU\FNTO[]DTSX%AQNQTKZH@NAYRNT_N[]XANIE_\VO]UCROACNKSB ,HJ^BAR E[YRO[]]J\\RJCCR_V^NM[RSSI\B\SNLF SXIQZCDXUBO\NS[VQ]AR^U_O@@	]FVRFXARWACNQ@SG7QI[Q OJX@UAC^C]]@AOVQVQQNXHX	

 NIZ]@
T3IJAYSBAR <
NKP]E_@@B_IX NVGWVOA	.GJW]UC_QXJ^I]\N^QVANLX@QQ_V	F[YZSH[K]@_^JW@E,
OJU\FNZOAQV@UWEY@@C_IXXWA[U[[R[VB@SER\@@E7NVOUAKNI]]@^_@@QB[CDX]XARQACNB\AR^WJAN QNJUJ]@\]O[OA A@TVX]\RHDQG XRVNUUA XSXLKJ,AVRTVO[YWO[SX\VDOQQ_VNOJ\@U
 LQDO
4UF@TE][NUA.LER__NXXIEDF	AYIBF@SM7QIZ	CXJ NVDIOA \]XAN TGJ^JAR
HNIUASYDO]ZJQI2[YZSHTC@S
]YU\NX^IDDF	UCR[SUN@@TKJRXIBG	3	AYA@Q PLVDO	XIVYTJ]@\UUUA ^SXLWX]\SJQ_IBKOJN]GISSRAN_N	YXOV@KCC[ACJHX LAYA[@QYSJWN@VQ
C+
RV][[NIX]@TJW^RK_QEJ^OAR C[YSO[
@NXL_QP;NM@VR[I@QV7	XIAXQWXWA@NNKR@ KJ	,
CVRUB\\NAYJ\_N F^@@C_I\CNVGUA	SL^X\TR_QZ	BVRX&	NIUASVKJ@@BKZQQXW@@N[VBT@NLYYOVSVQQNYHX< NKZB_NXK_QZWXWR]\GISSZ[@QYUJWNSJCC[ CVDF	  F[YARI\C\@ZLECQQBDXTJ_GN@U

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[VB@SER\@@XOJ[@U
 3L^]\TSVQ];	NVEMOA_QV@NL\	QQ]ADF3AC]K^]@\
OVQJ_Q^_RV\[[
B@TKJ 	 QNQTKUA@UH[QACQ
A8XIJ[ KFDF	RV]OKOAYQVANL\	@@BKYQUXWA@NSAYH@QA2
QQ	_VHOJ]@U

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 
NKUB	 %AQNQQKUB@N 3@TSDO IQIZQ UCSMVUN		1ENXKK@GXWC\@U	^SX^EXIDDFRAY@\BTCBVP^NXQC  7  NVNIR[PUNSX_TDO OQI[Q RV]OJOA]QV@NLYXOVSVQP %		UC[OAANKSB IQII CDXTJTR@N
KNIN@R^WY]NNX ]EJ^X\@\\GH[AO[^]J\\RJCA\_VYNM[AOA
 VLEY]\RKCCIQ	2[YSO[
@TKJ XIA[ _VRV_[[W[VB@SS
QQ_V	3AY@YBTBNL@		%IF\HX_NMHOA
]XCYNXE,	OJ]TCUA
	QVBRB
AICXJ		JAYSUNPYOV[JBKXL_VY\NOJN&@TWYUXNXIBL\HXYNMIOA
SX_SDO KQIZQTXWA@N,]PANAQQ _V_NM[RSSI\CUSNLF PXIQZCDXUJO\NR[VQ]AR^VPO@@	]CVRFK]@\\ENAOA
 WLEJANQNJUJ]@]\G[OA3PER]@@
I@DF NVEIROA
SXZEX@@B_IUUCTOA =
GOV[OBK_Q3 AYQM@Q QLVDOPVRTTX\N<NKSV KJQIX_V	E[YSO[GTJW\NXBUXWI\]OMOAHTFNKLS=IMXUBX\N[YR[L@Q WLWDOIBL]HX]NMHOA\QV@NLV	,AVR\VO^UCROA
 QLEY]\RJCJIQBNVUHSSSI]CN]@^]@@QB[CDY\XARSACNB\AR^PJANQNJFVOWAY[]C\AS^EDO,HJ^KARAYWUN@TWYANIFXJYRV][[
]_ANnXWIY]OLOA =
TJW^VVQQNYHX	AC\]Y]@ P2QQ KBDF	NMJSOAER]@@E[F@]\N]QVHR_RANSBEQQJQ	/	AYZI]KZ]@QER\TTVQQNYHX	[YR[O@Q SLVDO JQIZQ 
3 ACT_N\]YANQNJUJ]@\\N[OA C@TVX]\RKCQG \RVNFISSSHTQ@S\]NXXBC[CF_FVOVAY[]C\AR\EDO	_IVYTJ]A\\UUA,]XANIGXJ	RV^GHOANKSBYNXK_QXNMAOA.ZJWUWKKEG/[YQVUNB@TKJ
]QNXJOAR	<QV@ZYEXI@[Q
	^UCSOAER]@@EYF@T@]TAOARA[QV
@\3IJDY\MARUCR[TUND@TKJQQ KCDFANVFUAINI]]@]	%
TQNPHX^NMHOA B@TVX]\RJJQG _RVNFISSSH\Q@S\\NXXBC[CEPFVOSAY[]C\AR\EDO	^IVYTJ]@^\UUA XSXLWX]]RJQ_IA; 	NMIOA NKVB
	NXHCBG  	XWB@NWAYH@Q\XIKG2[YZVHTD@S Y3
QQFXJ^RV][[
@TI]AN4AF@\HT@U
[V@\]@Z		HQI[Q
	_UCSOAERT\SBDGBLPF@R

<NK[^_PANQIZ	KXJXRV][[
QV@ZVE]@@B_I]DJ^KAR	&
@TKJPXIBG ^RVNFISSSIUQ@S\_NXXBC[CEXFVORAY[]C\AR_EDO	[IVYTJ]@^[UUA YSXLWX]\PJQ_IBNOJN]GISRSIN_NA8XICGXWD@NAYK\B@STJW_NX_IEDF
[VK@S\2QQFEP\VO <QVCWB^NXK_Q_RV\YLOA3AER\T[VQ\VRWJAR
KNI\]@Z		IQI[Q
	]UCZSRAT@SSVERN nXWI\]O@OA
NI]I[BXNXK_Q_F@\HU@URAC]_N^]YANT+
RVT[[Q[VB@S\^NXXBC[CDQFVOQAY[]C\AR_EDO	ZIVYTJ]@]TUUA \SXLWX]\PMQ_IBOOJN]GISSQIN_N	Y\OV@KCC[ CDJHX([VC@SEJWXNXIFXUVO[YWO[ XSX_E
E
VR\VO <QVHW_^DO nF@_E@NPAYH@QG	NXJ]FG%UCRZSUNLTXAN TFJ^JAR
JNI\]@Z		KQIRBLQVOAU\UCA .ZJWURKJCGJ^KT@@NVAYH@QMER\URVQ QNYHX\NMHOA 1ANXB_QGAVRUVOPAY[]C\AR^EDO	YIVYTJ]@]\UUA ]SXLWX]\SBQ_IBJOJN]GISSQNN_N	Y]OV@KCC[ADJHX MAYAH\C\@R^KJ,AVRUVO[YWO[SX\VDOQQ_VNOJ]@U
 L_DO
4UF@TE]UGUA.LER_YNXXIEDF	AYIBF@SM7QIZBXJ NVDIOA \]XAN TGJ^JAR
HNIUASWDO][KQI2[YZSHUB@S
]YT]NX^IEDF	UCRZRUN@@TKJRXIBG	3	AYA@Q PLVDO	XIVYTJ]@\UUUA ^SXLWX]\SJQ_IBKOJN]GISSRAN_N	YXOV@KCC[ACJHX LAYAH\C\AP^KJGIQEXTJ\@\N[[3LWDO
QQ_V
OJ^\FUAQV@NLY\OVSVQW	NVNUA 
3EERTYSCB_ID2UCQUO[ _SX_EIDFQVO	&NI]HPB 	@@@CG^NMIOA ]]XAN TEJ^C]AU]
UARZKNISG2QQCEQVVONMHZQO[ YSX_EQIZAXJ\RV][[S[VB@ST=
ILDFBNVFUA _SXLWX]\RCQ_IBHOJN]GISSRIN_N	YYOV@KCC[BLJHX IAYAH\C\APYKJFIQEXTJ]B\N[[
 GNK@_WX\\RX_QP 7NVGUA		QVENLXOVPJB_IBF@_\N MAYRUNV@@J_IU%	UCZVR@^_NZ2QIY_VIOJ]@U SX^RDO,P J^KTC@NAC_C@S[PXICG_NMIOA _]Q]][H_I JGJ^O<QVHR_TDOXIBR_VOOJ]@UNI]HQB\NXK_QGCVRUVO<	SXVE^@@B_IBIOJN]GISSS@N_N	YZOV@KCC[BDJHX HAYAH\C\ASVKJCIQEXTJ]B[N[[
 FNK@_WX]^RX_QZPXWR]\GIRSS[@Qj	@@C_IE
F@Y\N	AYQI]_NGER^@@GIBXJ ACU_NY7	
QIRBM[HX < NI^GNLY[OVSVQEOJ\BBUA,]YTXNXTQN[TVOQ[VC@S[QXICG]NM@SRZJ_N@[Z]O
 4UF@T@]UCUA
[VBUENLY]OVSVQUJ^KTD@NRAYH@Q RLVDO
C, OJT@UQAC]_N	Y[OV@KCC[CMJHX KAYAH\C\AS^KJBIQEXTJ]ATN[[
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3 AC\_NPERY@@IADYHXUCWOAGNKSB
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NMHZVO[@TWDO CAVRTVOP[VC@S[SXIJ[ J@HX\IYNMA
3EERT\SCF_IXVRUCX\N LAYRUN]YTYNXZIEDF@NVFUA 	=LOVZVQQNYHX JAYAH\C\ARWKJAIQEXTJ]A\N[[
 BNK@_WX]]ZX_QZTXWR]\GISQT[@QYRJWNSJCC[CVDF	  C[YARI\C]ARLE%
TQNYHX		UCWOANKP^KJQI^QPXWA@N
@TKJ	
,CJ^CXAUY[[3]Z[@@@IBXJAYSWY_NA8XIBR_VRV_GUA	PLWDO C@VRTVOR[VJ\@[[HKJ\UTXIIW%	UCZSR@Z_NLVQ[@@FIBXJ	NMHZUO[ ]SX_E\@@B_IR/AY[UNC@TKJ@IQEXTJ]@UN[[
 ANK@_WX]]RX_QZUXWR]\GISR[[@QYWJWNSJCC[DVDF	  B[YARI\C\CRLEGQQBDXTK]@N@U	&
@TKJQI_Q	XWB\][[NI]]@CSJW]NXWRV]GUA 
3EERTYSCE_ID2UCQTO[ _SX_EIDFQVO	&NI]HUB 	@@@CG^NMIOA ]]XAN TEJ^C]AUZ
UARZNNISG2QQCEQSVONMHZTO[ YSX_EQIZDXJ\RV][[S[VB@ST=
ILDFBNVFUA _SXLWX]\RCQ_IBHOJN]GISSRIN_N	YYOV@KCC[BLJHX IAYAH\C\APYKJFIQEXTJ]B\N[[
 GNK@_WX\\RX_QP 7NVGUA		QVENLXOVPJB_IBF@_\N MAYRUNV@@BCG2[YZVHUD@S Y3
QQDXJ^RV][[
@TI]AN4AF@\IT@U
[V@\]@Z		HQI[Q
	_UCSOAERT\SCDGBMPF@R

<NK[^^PANQIZKXJXRV][[
QV@[VE]@@B_I]DJ^KAR	&
@TKJPXIBG ^RVNFISSSIUQ@S\_NXXBC[CEXFVORAY[]C\AR_EDO	[IVYTJ]@^[UUA YSXLWX]\PJQ_IBNOJN]GISRSIN_NA8XICGXWD@NAYK\B@STJW_NX_IEDF
[VB\]@
T3IJAY]BAR <
NKPYE_@@B_IX NVGWVOA	.GJW][C_QXJ^I]\N^QVANLX@QQ_V	F[YZSHUK]@_^JW@E,
OJU\F@ZOAQV@[WEY@@B_IXXWAUU[[R[VB@SER\@@E7NVOUAKNI]]@^_@@QB[CDX]XARQACNB\AR^WJAN QNJUJ]@\]O[OA A@TVX]\RHDQG XRVNFISSSK\Q@S\YNXXBC[BDXFVO &NI\]@LOVVVQ
AQNZTKARAYWUNE@TKJ	]J^K]\N<SXW VQT@@R+OJ^[[[P[VB@S AXICE_V/AYQI\_NPER^\NXBVXW@@N@NKRB
BIJDY]C\N^GIAY[
1QNXCCA[_V XWB\\[[V[VB@S QOVPJC_I]EJ^KAR G[YRO[G8XIKGZF@\\NP[VQ]AR^WQO@@	]AVRFK]@\\FIAOA
 SLEY]\RJBKIQ@NVUHSSSI^DN]@^Y@@QB[CDZTXARWACNB\AR_WJAN4E
F@\\N	AYM@QLUX\@@	IADFDNVFUA

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