7FUSOSU7(N@-	I(V7
 N@U[1_],?Bn<XA\NK_@6l_/3TVO<SN
	3ICXTVO	
AY[]QV
@
P2XIF[CEDF\RVYGIROA]QVHZB	3ICDF\RVX[[
AC]@SPLJ		,IAXTJ_\NF[YVSI]_NSL^PAN
,XF@Z\NF[YWO[NKPE[OVXZ,F@X@\\DUA
R[VF\ASBYOV[B_QP
+NV@UA R[VG@S
][@@NQI%NVBISSWUN]SX[WYANKQIR	_V2AYTUN]SXZE	NXN_IQNF3AYVI\CY]@ERX\RK_Q QNQ\VO(

NI[]@ERY@@QQXJRXWN<
NIYAR^KJ]@@FC[ _VUXWIT@U<@TKJ]@@G_IXVRRAR[NMA,@T WX][NXBIFDXUVO]NM@[OA
3\JW[NXBIGXJOJ[[[[AYN		1\JWYRJCKGEJ^O]@]@URAY@T_Nj XIDGEJ^NARUC[O[UQV
@
P2XIF[CMDF\RVYGIROA]QVHZB	3ICDF\RVX[[
ACU@SS^]O,UQN]TJ\@@NHAYPHU_NSLTDO,\ J^MAR]UCRSO[NKS^HKJ\]@@QT7OJY\GHROA]QVDR^KJ]@@JKG;UCTOA]QVENL\JW]S_QZQNF3AYVI\B^]@ERX\RK_Q QNQ\VO(

NI[]@ERY@@QQ A	DFK^RVU &NKW^V[ANKQI^CEDF\RVUOUA 3]_ANKQI_QF@\C@UHWAYN		1\JWYRJBGGEJ^O]@]@URAY@T_Nj XIDGEJ^NARUCRWUNBYSX=QQCDYQVO]NMLSSRUN]SXWKJ	%XVRSVO]NMMOA
NI]DBV^OVXZ,F@X@\]AUA
R[VF\ASBYOV[B_QP
+NV@UA R[VG@S
]Y[NXBDIV/UCVSSH[_NSLRX]]NXBIJLDF	3 
AC[_NSLSDOXIB\L_VY\XWN<
NIYAR_KJ]@@FC[ _VUXWIT@U<@TKJ]@@G_IXVRUB\N]N[YA	.
]]]\SC_Q QN]TJ\\NF[YZ[UN=\
NXM_Q QN\HXNVF@OAK\QV
@
P2XIF[ADDF\RV_F@OAHNI_]@
T7QQ_VUXWA\@UAYK\@SP_]O,UQN]TJ_A@NHAYVI\B@S_]QU@@
4]XWG@NHAYWUNSX\DO^PXIIU;	RVYGIQQO[BNKW^VDOSXIJSQ	%[YTO[BNKVBOVPH_I@VRX	(AYL\C^BNL\VJWYRJB_IEBVR]BAR&
QVFNLVVJWXNXIAGHX_DNV[ 3SX[WZY@@BQQCDYHXANVNAOA, AERZ@@BQQ_V XWBX[[QVACQjOVWJCA^QYF@X@\][[RACUK@SL8QI\QYF@Y\N[YQV@Q^G@TNE	%IFDXVLAR]UCVSSH@Q@@T_DO,\ J^MAR]UCWOAQVCTEZZNXQR+ XWE\\ENOA
HNIYAR_E\NXCK_IU7 NMNOA HNIX]@QER_[VQASIJ 3[YVSI^K@S_]]]\SVQZIMPHX	3
[VD@S_]\ANQIY	XJVCOJN <QVDR^^DOSXIF[BXJKOJUT[[& LPDOSXIGGJ^HT@NDIAY[=QERX\RIC_IXBVRWKT\NF[YPO[.XOVUVQZIEXHXNVDIOAJ]QV
@
P2XIF[@EDF\RVYGIROA]QVHZB	3ICDF\RVX[[
AC_B]@]ERN4XVRQJ]C^@URAYL\C]]@ERTTNXnOJ[@URAYM@Q@TUANQIQI%NVBISPPUN]SX[WYANKQIR	_V2AYTUN]SXZE	NXI@G@@J^O	&
ACYC\BVBYOVWJCBGEJ^CU\N <
NKUBYOVVVQIG\VOCYNMA,@T WX^YNXBIFDXUVO]NM@[OA
3\JW[NXBIGXJOJ_Y
UAPU[VN^8	NXOCCX_VUXWE\\FUAR[VJT]@
T7QQ_VUXWD@NAYPO_NBULJ		,IAXTIZ\NF[YVSI]_NSL^PAN
,XF@Z\NF[YWO[NKQYHKJ^T@@QT7OJY\GJ[OA]QVDR^KJ]@@JKG;UCTOA]QVENL\JW_Z_QXQNF3AYVI\@U]@ERX\RK_Q QNQ\VO(

NI[]@ERY@@QQJ	DFN]RVU &NKW^SXANKQIX JXJKOJ_@U<@TKJ]@@BCGJ^N]@NCHAY[=QERX\RNB_IXBVRQJ]A@NHAYZA@Q1Y@@K_IRBVRPVONMMRO[XANKLQ3QI^C@ZHXANVBISRO[BNK[VE=EQNPHXANVCUA
[VG^NLTJW@ nJ^O]@X_[[
RACYC\@NLAVJWUZVQ
H,	RVT[[ RACX_NLS[@@NGQQJQ2NMLSSWM@Q@@T WX\@@BQQKXJ / AYA@Q@@TKJ@@GGQ@]F@R	<
[VF\AV[E\NXOCCZQ YF@TH@N<SXVE\NXN_QUQN\QARXZUCA3LRX]XTVQZIAXTKAR]UCZ[O[.XOVZVQZI@DF	RVXAOAWNNISV7@@FC[DXJKOJY\GHOAHNIUINLQ2 IKXJKOJX@UAYM[@SVV]O,UQN]TJYH@NHAYVI\B@S_]QU@@
4]XWH@NHAYWUNSXZDOX[XIIU;	RVYGIWZO[BNKW^VDOSXIJSQ	%[Y[O[BNKVBOVVC_ICVRX	(AYL\CYANL\VJW_SC_Q QN[HX	3
[VK@S_]Y]@@QQC	DFO\RVU &NKW^RYANKQI^CEDF\RVUOUA 3]PANKQI_QF@XA@ULQAYN		1\JWYRJFAGEJ^O]@]@URAY@T_Nj XIKGEJ^NARUCVQUNF_SX=QQCD]WVO]NMLSSRUN]SXWKJ	%XVR\VO]NMMOA
NIYBBR\OVXZ,F@X@\YCUA
R[VF\ASBYOV[B_QP
+NVOUA R[VG@S
]]YNXFFIV/UCVSSLY_NSLRX]]NXBIJLDF	3 
ACT_NSLSDOXIF^L_V]RXWN<
NIYAR[KJ]@@FC[ _VUXWIT@U<@TKJ]@@G_IXVRQL\NY@[YA	.
]]]\WM_Q QN]TJ\\NF[YZ[UN=\
NXB_Q QN\HXNVBNOALTQV
@
P2XIF[FLDF\RVYGIROA]QVHZB	3ILDF\RVX[[
ACYK]@[ERN4XVRQJ]EU@URAYL\C]]@ERTTNXnOJT@URAYM@Q@T ^ANTJQI%NVBISUSUN]SX]^DOSXI@G;UC[OA]QV@RBOVTJ_IBVRX	(AYL\CZ@NL\VJWYRJB_IEBVR]BAR&
QVINLVVJWXNXIEEHX[BNV[ 3SX[W^_@@BQQCDYHXANVNAOA, AERU@@BQQ_V XWF^[[UPACQjOVWJCEXQYF@X@\][[RACUK@SL8QISQYF@Y\N[YUP@QZE@TNE	%IFDXRNAR]UCVSSH@Q@@T_DO,\ J^BAR]UCWOAQVGVE^XNXQR+ XWE\\ALOA
HNIYAR_E\NXCK_IU7 NMAOA HNIX]@QER[YVQE]IJ 3[YVSIZE@S_]]]\SVQZIMPHX	3
[VK@S_]\ANQI]XJRMOJN <QVDR^PDOSXIF[BXJKOJUT[[& L_DOSXIGGJ^LZ@NAAAY[=QERX\RLK_IXBVRQJ]A@NHAYZA@Q1Y@@K_IRBVRPVONMO[O[ZJNKLQ3QI^CBQHXANVBISRO[BNK[VE=EQNPHXANVCUA
[VEUNLWJW@ nJ^O]@[\[[
RAC_BU]@ER^@@
4]XWH@NHAYRI@Q@TWANUKQI%NVBISTRUN]SX[WYANKQIR	_V2AYZUN]SXZE	NXMBGDFJ^O	&
ACYC\FPBYOVWJCBGEJ^CU\N <
NK[BYOVVVQICZVOG_NMA,@T WXZ_NXBIFDXUVO]NM@[OA
3\JWUNXBIGXJOJ[_
UATW[VN^8	NXOCC\_VUXWE\\FUAR[VJT]@
T7QQ_VUXWD@NAYTM_NFWLJ		,IAXTMX\NF[YVSI]_NSL^PAN
,XF@T\NF[YWO[NKU[HKJZZ@@QT7OJY\GNUOA]QVDR^KJ]@@JKG;UCZOA]QVENL\JW[T_Q\QNF3AYVI\D[]@ERX\RK_Q QNQ\VO(

NIU]@ERY@@QQD	DFMURVU &NKW^PPANKQI^CEDF\RVUOUA 3]QANKQI_QF@ZH@UNZAYN		1\JWYRJDJGEJ^O]@]@URAY@T_Nj XIJGEJ^NARUCTZUNK\SX=QQCDPTVO]NMJRZO[BNKQB	3IMDF\RV]GUA
[VK\NLVJW@ nJ^O]@T][[
RACYC\@NLAVJWUZVQ
H,	RVU[[ RACX_NL_Y@@BAQQJQ2NMLSS[K@Q@@T WX\@@BQQKXJ / AY@@Q@@TKJ@@KAQL[F@R	<
[VF\AZ]E\NXOCCZQ YF@TH@N<SXWE\NXN_QUQNPWARTXUCA3LRX]TVVQZIAXTKAR]UCZ[O[.XOV[VQZI@DF	RVTCOA[LNISV7@@FC[	FXJKOJY\GHOAHNIUINLQ2 IJXJKOJX@UAYAY@SZX]O,UQN]TJUF@NHAYVI\B@S_]QU@@
4]XWI@NHAYWUNSXVDOTUXIIU;	RVYGI[TO[BNKW^VDOSXIJSQ	%[YZO[BNKVBOVZM_I	KVRX	(AYL\CTINL\VJWYRJB_IEBVR]BAR&
QVHNLVVJWXNXIKLHXUINV[ 3SX[WPT@@BQQCDYHXANVNAOA, AERT@@BQQ_V XWHU[[ZSACQjOVWJCJ[QYF@^AU@URAYJ@Q1Y@@J_IRBVRUJARUCZSUNJ]SX=QQCDQUVO]NMLSSRUN]SXWKJ	%XVRUJAR]UCWOAQVHSEQ_NXQR+ XWE\\NKOA
HNIYAR_E\NXCK_IU7 NMHSOA]QVENL\JWUP_QRQNF3AYVI\J_]@ERX\RK_Q QNQ\VO(

NI]ANLVVJWXNXIJGHXTDNV[ 3SX[WQY@@BQQCDYHXANVNAOA, AER\\NXBIGXJOJUX
UAZV[VN^8	NXOCCR_VUXWE\\FUAR[VJT]@
T7QQ CXJKOJX@UAY@Y@S[X]O,UQN]TJTF@NHAYVI\B@S_]QU@@
4]XWA\@URAYM@Q@TQAN[MQI%NVBISZTUN]SX[WYANKQIR	_V2AYRI@Q@@TKJ@@JDQMPF@R	<
[VF\A[VE\NXOCCZQ YF@TH@N<SX_KJ]@@G_IXVR]B\NUN[YA	.
]]]\[C_Q QN]TJ\\NF[YZ[UN=\
NXKC_IRBVRPVONM@ZO[]C\SX=QQCEXTVO]NMJRZO[BNKQB	3IEXHXANVFIOA
NI]AREY]]@@QT7OJY\FIROA]QVDR^KJ]@@JKG;UCRSO[BNKVBOVSJBGBDZF@R	<
[VF\@R\E\NXOCCZQ YF@TH@N<SX_KJ]@@G_IXVRUJ_@NFIPAYN		1\JWYRKC@GEJ^O]@]@URAY@T_Nj XIB[QYF@Y\N[YRSJ_N@RZ]O,UQN]TK]D@NHAYVI\B@S_]QU@@
4]XWA\@URAYM@Q@TW\@@KCFIV/UCVSRIY_NSLRX]]NXBIJLDF	3 
AC]C@S_]\ANQIZF	DFK]FNV[ 3SX[VX[@@BQQCDYHXANVNAOA, AER\\NXBIGXJOJ]\AOARI[QV
@
P2XIF[ CCDF\RVYGIROA]QVHZB	3IEXHXANVCUA
[VB\FBVXUNXQR+ XWE\]GAOA
HNIYAR_E\NXCK_IU7 NMHSOA]QVENL\JW]RB_I CMJ^O	&
ACYC]A[BYOVWJCBGEJ^CU\N <
NKS^E\NXN_QUQNYTC\N]FIAY[=QERX\SKC_IXBVRWKT\NF[YPO[.XOVSJ_Q QNYTVONMHRSUNB]@@TNE	%IFDYUKAR]UCVSSH@Q@@T_DO,\ J^K\\NF[YWO[NKS_DO]SHQI%NVBIRRQUN]SX[WYANKQIR	_V2AYRH@Q@@TKJ@@BBYL_VYUIOJN <QVDR_TDOSXIF[BXJKOJUT[[& LVYANKQI_QF@\A_[[RRW[VN^8	NXOCBZ_VUXWE\\FUAR[VJT]@
T7QQ BXJKOJX@UAYH]G]@_RJW@ nJ^O]A]Y[[
RACYC\@NLAVJWUZVQ
H,	RV]FUA R[VG@S
]Y\YVQBZQNF3AYVI]BZ]@ERX\RK_Q QNQ\VO(

NI]@NLVVJWXNXIBE^VOA][UCA3LRX\]UVQZIAXTKAR]UCZ[O[.XOVSK_Q QN\HXNVFHTO[]BTSX=QQCEY\VO]NMLSSRUN]SXWKJ	%XVRUKAR]UCWOAQV@SVHKJ\][XIIU;	RVYGHRZO[BNKW^VDOSXIJSQ	%[YRRUN]SXZE	NXKBJQEZTXWN<
NIYAS\KJ]@@@BRQ YF@^\N <
NKS_E\NXKC_IXVRUH]@NFKRAYN		1\JWYRKABGEJ^O]@]@URAY@T_Nj XIBZQYF@Y\N[YRQH_N@P\]O,UQN]TK_B@NHAYVI\B@S_]QU@@
4]XWA]@URAYM@Q@TUZ@@KA@IV/UCVSRK__NSLRX]]NXBIJLDF	3 
AC]B@S_]\ANQIZ@	DFK_DNV[ 3SX[VZY@@BQQCDYHXANVNAOA, AER\]NXBIGXJOJ]^COARKYQV
@
P2XIF[ AADF\RVYGIROA]QVHZB	3IEYHXANVCUA
[VB^DBVZ[NXQR+ XWE\]EOOA
HNIYAR_E\NXCK_IU7 NMHROA]QVENL\JW]PL_I ACJ^O	&
ACYC]CUBYOVWJCBGEJ^CU\N <
NKS_E\NXN_QUQNYVM\N]EAAY[=QERX\SHK_IXBVRQJ]A@NHAYZA@Q1Y@@BBGEJ^NARUCRQ[@Q]C[LJ		,IAXUHT\NF[YVSI]_NSL^PAN
,XF@\A@NHAYWUNSX_^ANSICQQJQ2NMLSRPI@Q@@TVQANKQIXQ	%[YRRUN]SX_KJ@@B@[L_VYWKOJN <QVDR_VDOSXIF[BXJKOJUT[[& LVZANKQI_QF@\C][[RPQ[VN^8	NXOCBX_VUXWE\\FUAR[VJT]@
T7QQ AXJKOJX@UAYH_A]@_TJW@ nJ^O]A__[[
RACYC\@NLAVJWUZVQ
H,	RV]EUA R[VG@S
]Y^_VQBXQNF3AYVI]@X]@ERX\RK_Q QNQ\VO(

NI]CNLVVJWXNXIBG\VOA_YUCA3LRX\_WVQZIAXTKAR]UCZ[O[.XOVSH_Q QN\HXNVFJVO[]@ZSX=QQCE[RVO]NMLSSRUN]SXWKJ	%XVRUHAR]UCWOAQV@QXHKJ\_UXIIU;	RVYGHPTO[BNKW^VDOSXIJSQ	%[YRQUN]SXZE	NXK@DQE[\XWN<
NIYAS]KJ]@@FC[ _VUXWIT@U<@TUDOSXIGGJ^K^H@UHPZACQjOVWJB@RQYF@X@\][[RACUK@SL8QIZ_VUXWD@NAYRJU@SSZERN4XVRQJ\D\@URAYJ]J@S_][AN
,XF@\B@NHAYRI@Q@TSX@@KGBIV/UCVSRM]_NSLRX]]NXBIJLDF	3 
AC]A@S_]\ANQIZB	DFKYBNV[ 3SX[V\_@@BQQCDYHXANVNAOA, AER\^NXBIGXJOJ]XEOARM_QV
@
P2XIF[ GGDF\RVYGIROA]QVHZB	3IEZHXANVCUA
[VBXBBV\YNXQR+ XWE\]CMOA
HNIYAR_E\NXCK_IU7 NMHQOA]QVENL\JW]VN_I GAJ^O	&
ACYC]EWBYOVWJCBGEJ^CU\N <
NKS\E\NXN_QUQNYPO\N]COAY[=QERX\SNE_IXBVRQJ]A@NHAYZA@Q1Y@@BAGEJ^NARUCRWU@Q]EULJ		,IAXUNZ\NF[YVSI]_NSL^PAN
,XF@\B@NHAYWUNSX_PANSNKQQJQ2NMLSRWA@Q@@T WX\@@BQQKXJ / AYH^_NSLSDOXIB_	XJUNTRVU &NKW^SQANKQI^CEDF\RVUOUA 3]Y_@@BQQ_V XWAXU
UARVINISV7@@FCZCXJKOJ_]NUAR[V@@SL8QIZ_VUXWA\@UAYHYC]@_ VJW@ nJ^O]AY][[
RACYC\@NLAVJWUZVQ
H,	RV]DUA R[VG@S
]YX]VQB^QNF3AYVI]F^]@ERX\RK_Q QNQ\VO(

NI]BNLVVJWXNXIBAZVOAY_UCA3LRX\YQVQZIAXTKAR]UCZ[O[.XOVSI_Q QN\HXNVFLPO[]FXSX=QQCE]PVO]NMLSSRUN]SXWKJ	%XVRUIAR]UCWOAQV@WZHKJ\YWXIIU;	RVYGHVVO[BNKW^VDOSXIJSQ	%[YRPUN]SXZE	NXKFFQE]RXWN<
NIYAS[KJ]@@FC[ _VUXWIT@U<@TTDOSXIGGJ^KXF@UHVTACQjOVWJBF\QYF@X@\][[RACUK@SL8QIZ_VUXWD@NAYRL[@SS[ERN4XVRQJ\ET@URAYL\C]]@ERTTNXnOJ]_[[ RACX_NLV]UNXBFRIJ 3[YVSHYJ@S_]]]\SVQZIMPHX	3
[VB_]@ERY@@QQ FMHX\F\NMA,@T WY[\NXBI@EQHXANVDUA 3]Y^@@BQQ CXJOJ]ZGOARO]QV
@
P2XIF[ EEDF\RVYGIROA]QVHZB	3IE[HXANVCUA
[VBZ@BV^_NXQR+ XWE\]AKOA
HNIYAR_E\NXCK_IU7 NMHPOA]QVENL\JW]TH_I EGJ^O	&
ACYC]GQBYOVWJCBGEJ^CU\N <
NKS]E\NXN_QUQNYRI\N]AMAY[=QERX\SLG_IXBVRQJ]A@NHAYZA@Q1Y@@B@GEJ^NARUCRUW@Q]GWLJ		,IAXULX\NF[YVSI]_NSL^PAN
,XF@\C@NHAYWUNSX_RANSLEQQJQ2NMLSRUO@Q@@T WX\@@BQQKXJ / AYH__NSLSDOXIB]XJULZRVU &NKW^Q_ANKQI^CEDF\RVUOUA 3]Y^@@BQQ_V XWAZ[
UARUANISV7@@FCZKXJKOJY\GHOAHNIUINLQ2 IBGDF\RVX[[
AC]ETNLQQOVXZ,F@X@]ZNUA
R[VF\ASBYOV[B_QP
+NVFJOA HNIX]@QER\Z[_QZCVRX	(AYL\B[ANL\VJW_SC_Q QN[HX	3
[VB_]@ER\\NXIBCXVOA[]UCA3LRX\[SVQZIAXTKAR]UCZ[O[.XOVSN_Q QN\HXNVFNRO[]D^SX=QQCE_VVO]NMLSSRUN]SXWKJ	%XVRUNAR]UCWOAQV@U\HKJ\[QXIIU;	RVYGHTPO[BNKW^VDOSXIJSQ	%[YRWUN]SXZE	NXKD@QE_PXWN<
NIYASYKJ]@@FC[ _VUXWIT@U<@TSDOSXIGGJ^KZD@UHTVACQjOVWJBD^QYF@X@\][[RACUK@SL8QIZ_VUXWD@NAYRNY@SSYERN4XVRQJ\GZ@URAYL\C]]@ERTTNXnOJ]X[[ RACX_NLV_[NXBD\IJ 3[YVSH[D@S_]]]\SVQZIMPHX	3
[VBX]@ERY@@QQ DCHX\GTNMA,@T WYZTNXBIFDXUVO]NM@[OA
3\JW]VVQZI@DF	RV]@AOAH[JNKLQ3QI^BCQHXANVBISRO[BNK[VE=EQNYPVO]NMMOA
NI]F[EYU\@@QT7OJY\FASOA]QVBSWE\NXI_QP
+NVFMOA HNI]ANL\JW]ZJ_I KEJ^O	&
ACYC]ISBYOVWJCBGEJ^CU\N <
NKSZE\NXN_QUQNY\K\N]OKAY[=QERX\SBA_IXBVRQJ]A@NHAYZA@Q1Y@@BGGEJ^NARUCR[Q@Q]IQLJ		,IAXUB^\NF[YVSI]_NSL^PAN
,XF@\D@NHAYWUNSX_TANSBGQQJQ2NMLSR[M@Q@@T WX\@@BQQKXJ / AYHX_NSLSDOXIBSXJUBXRVU &NKW^_]ANKQI^CEDF\RVUOUA 3]YY@@BQQ_V XWATY
UAR[ONISV7@@FCZ	EXJKOJY\GHOAHNIUINLQ2 IB@DF\RVX[[
AC]KZNL__OVXZ,F@X@]T@UA
R[VF\ASBYOV[B_QP
+NVFMOA HNIX]@QER\TU_QZ	KVRX	(AYL\BTINL\VJWYRJB_IEBVR]BAR&
QV@VBYOVVVQIEP\AR]TN[YA	.
]]]]ZC_Q QN]TJ\\NF[YZ[UN=\
NXKG_IRBVRPVONMH[ZUNBUA@TNE	%IFDY]JAR]UCPRZUN]SX]E=EQNYPVO]NMHSOAQV@[^HKJ\USXIIU;	RVYGHZRO[BNKW^VDOSXIJSQ	%[YRVUN]SXZE	NXKJBQEQVXWN<
NIYASWKJ]@@FC[ _VUXWIT@U<@TRDOSXIGGJ^KTB@UHZPACQjOVWJBJXQYF@X@\][[RACUK@SL8QIZ_VUXWD@NAYR@_@SSWERN4XVRQJ\IX@URAYL\C]]@ERTTNXnOJ]Y[[ RACX_NLVQYNXBJ^IJ 3[YVSHUF@S_]]]\SVQZIMPHX	3
[VBY]@ERY@@QQ JAHX\IZNMA,@T WYTZNXBIFDXUVO]NM@[OA
3\JW]WVQZI@DF	RV]NOOAHUDNKLQ3QI^BM_HXANVBISRO[BNK[VE=EQNYQVO]NMMOA
NI]HUEYTT@@QT7OJY\F@[OA]QVDR^KJ]@@JKG;UCRVO[BNKVBOVSCKGBMQF@R	<
[VF\@[WE\NXOCCZQ YF@TH@N<SX_ KJ]@@G_IXVRUCT@NEISAYN		1\JWYRHCCGEJ^I\I@NHAYPUN=\
NXKF_IRBVRUJARUCQSS@Q^ASLJ		,IAXVJ\\NF[YVSI]_NPLRX]^NXAIJLDF\RVUOUA 3]Y[@@AQQ_VUXWD@NAYQI]@SP^ERN4XVRQJ_@^@URAYL\C]]@ERX\RH_QQNQ\VO]NM@[OA
3\JW]TVQYI@DF\RVX[[
AC^C^NLW[OVXZ,F@X@^\DUA
R[VF\ASBZOVWJCAGFJ^CU\NF[YZ[UN=\
NXKE_IRAVRPVO]NMMOA
NI^AQEZ]X@@QT7OJY\EIWOA]QVDR^KJ^@@FC[_VVXWIT@URAY@T_Nj XIB]QZF@Y\NF[YWO[NKP^DO^ROQI%NVBIQSVUN]SX[WYANHQI^CFDF_RVUOUAR[VJT]@
T7QQ EXJHOJX@URAYM@Q@TW]@@HCEIV/UCVSQIZ_NSLRX]]NXAIFDXVVO^NM@[OA]QVHZB	3IE^HXBNVCUA R[VG@S
]Z]ZVQA[QNF3AYVI^C[]@ERX\RK_QQN]TJ_\NE[YZ[UN]SXWKJ	%XVRULAR^UCWOA]QVENL\JW^RM_ICLJ^O	&
ACYC^AZBYOVWJCBGFJ^O]@^@UQAY@T_NSL^PAN
,XF@\F@NKAYWUN]SXZE	NXHCKQFX]XWN<
NIYAP^KJ]@@FC[ _VVXWE\\EUAQ[VJT]@ERTTNXnOJ]Z[[ QACX_NSLSDOXIA[XJVK]RVU &NKW^VXANKQIX JXJKOJ_@U<@TQDOSXIB[QF@_A\[[QRR[VN^8	NXOCAZ _VUXWE\\FUA
Q[VF\APBZOV[B_Q QNQ\VO(

NI]FNLVUJWXNXBIGXJOJ^]FOAQH^QV
@
P2XIF[BFDF\RVYGIROA^QVDR^KJ^@@JKGEJ^CU\N <
NKSYE_NXN_Q QN\HXNVEHQO[^B_SX=QQCFYWVO]NMLSSRUN^SX[WZANHQIR	_VUXWIT@U<@TPDOPXIGGEJ^NARUCQRP@Q^@VLJ		,IAXVKY\NF[YVSI]_NPLRX]^NXAIJLDF\RVUOUA 3]YZ@@AQQ_VUXWD@NAYQHX@SP_ ERN4XVRQJ_AY@URAYL\C]]@ERX\RH_QQNQ\VO]NM@[OA
3\JW]UVQYI@DF\RVX[[
AC^BYNLV^OVXZ,F@X@^]AUA
R[VF\ASBZOVWJCAGFJ^CU\NF[YZ[UN=\
NXKD_IRAVRPVO]NMMOA
NI^@TEZ\[@@QT7OJY\EHTOA]QVDR^KJ^@@FC[_VVXWIT@URAY@T_Nj XIB\QZF@Y\NF[YWO[NKP_DO^SBQI%NVBIQR[UN]SX[WYANHQI^CFDF_RVUOUAR[VJT]@
T7QQ DXJHOJX@URAYM@Q@TVP@@HBJIV/UCVSQHU_NSLRX]]NXAIFDXVVO^NM@[OA]QVHZB	3IE_HXBNVCUA R[VG@S
]Z\UVQAYQNF3AYVI^A\]@ER^][VQZIGDF	3 
AC]D@S_]Y]@@QQADHX_B]NMA,@T WZ_]NXBIFDXUVO^NMLSSQUN^SXWKJ]@@JKG;UCR[O[ANKVBYOVVVQIFZUAR^^E[YA	.
]]]^PH_Q QN]TJ\\NE[YVSI^_NPL^PANKQIR	_V2AYRA@QC@TKJ]@@G_IXVRVH_@NEKPAYN		1\JWYRHA@GEJ^O]@]@UQAYL\C^]@ERTTNXBIJLDF	3 
AC]K@S\]\ANKQI_QF@_B_[[QQW[VN^8	NXOCAY_VUXWE\\FUA
Q[VF\APBZOV[B_Q QNQ\VO(

NI]INLVUJWXNXBIGXJOJ^^COAQKYQV
@
P2XIF[AADF\RVYGIROA^QVDR^KJ^@@JKGEJ^CU\N <
NKSVE_NXN_Q QN\HXNVEKVO[^AZSX=QQCFZRVO]NMLSSRUN^SX[WZANHQIR	_VUXWIT@U<@T_DOPXIGGEJ^NARUCQQU@Q^CULJ		,IAXVHZ\NF[YVSI]_NPLRX]^NXAIJLDF\RVUOUA 3]YU@@AQQ_VUXWD@NAYQK[@SP\ERN4XVRQJ_BT@URAYL\C]]@ERX\RH_QQNQ\VO]NM@[OA
3\JW]ZVQYI@DF\RVX[[
AC^ATNLUQOVXZ,F@X@^^NUA
R[VF\ASBZOVWJCAGFJ^CU\NF[YZ[UN=\
NXKK_IRAVRPVO]NMMOA
NI^C[EZ^\@@QT7OJY\EJSOA]QVBSWE\NXI_QP
+NVFAOA HNI]ANL\JW^QJ_I@EJ^O	&
ACYC^BSBYOVWJCBGFJ^O]@^@UQAY@T_NSL^PAN
,XF@\I@NKAYWUN]SXZE	NXH@BQF[VXWN<
NIYAP]KJ]@@FC[ _VVXWE\\EUAQ[VJT]@ERTTNXnOJ]U[[ QACX_NSLSDOXIAXXJVI^RVU &NKW^T[ANKQI^CEDF_RVYGIQOA^QVHZBYOV[B_QP
+NVF@OA KNIX]@ERY@@QQ@GHX_CXNMA,@T WZ^XNXBIFDXUVO^NMLSSQUN^SXWKJ]@@JKG;UCRZO[ANKVBYOVVVQIF[PAR^_B[YA	.
]]]^QO_Q QN]TJ\\NE[YVSI^_NPL^PANKQIR	_V2AYR@@QC@TKJ]@@G_IXVRVIX@NEJUAYN		1\JWYRH@EGEJ^O]@]@UQAYL\C^]@ERTTNXBIJLDF	3 
AC]J@S\]\ANKQI_QF@_CZ[[QPT[VN^8	NXOCAX_VUXWE\\FUA
Q[VF\APBZOV[B_Q QNQ\VO(

NI]HNLVUJWXNXBIGXJOJ^_@OAQJTQV
@
P2XIF[@LDF\RVYGIROA^QVDR^KJ^@@JKGEJ^CU\N <
NKSWE_NXN_Q QN\HXNVEJ[O[^@USX=QQCF[]VO]NMLSSRUN^SX[WZANHQIR	_VUXWIT@U<@T^DOPXIGGEJ^NARUCQPZ@Q^ERLJ		,IAXVN]\NF[YPR@@Q@@TKJ	%XVRUCAR]UCRSO[NKPZDO^VKQI%NVBIQWRUN]SX[WYANHQI^CFDF_RVUOUAR[VJT]@
T7QQCXJHOJX@URAYM@Q@TSY@@HGAIV/UCVSQM^_NSLRX]]NXAIFDXVVO^NM@[OA]QVHZB	3IFXHXBNVCUA R[VG@S
]ZY^VQA_QNF3AYVI^G_]@ERX\RK_QQN]TJ_\NE[YZ[UN]SXWKJ	%XVRVJAR^UCWOA]QVENL\JW^VI_IG@J^O	&
ACYC^EVBYOVWJCBGFJ^O]@^@UQAY@T_NSL^PAN
,XF@_@@NKAYWUN]SXZE	NXHGGQF\QXWN<
NIYAPZ KJ]@@FC[ _VVXWE\\EUAQ[VJT]@ERTTNXnOJ^\[[ QACX_NSLSDOXIA_XJVN[RVU &NKW^S^ANKQI^CEDF_RVYGIQOA^QVHZBYOV[B_QP
+NVEIOA KNIX]@ERY@@QQGBHX_D[NMA,@T WZY[NXBIFDXUVO^NMLSSQUN^SXWKJ]@@JKG;UCQSO[ANKVBYOVVVQIF\SAR^XO[YA	.
]]]^VB_Q QN]TJ\\NE[YVSI^_NPL^PANKQIR	_V2AYQI@QC@TKJ]@@G_IXVRVNU@NEMZAYN		1\JWYRHGJGEJ^O]@]@UQAYL\C^]@ERTTNXBIJLDF	3 
AC^C@S\]\ANKQI_QF@_DU[[QVS[VN^8	NXOCA^_VUXWC]U[[RAC__Nj XIA[QYF@\@@NAYQL\@SP[ERN4XVRQJ_E]@URAYL\C]]@ERX\RH_QQNQ\VO]NM@[OA
3\JW^SVQYI@DF\RVX[[
AC^F]NLRZOVXZ,F@X@^YEUA
R[VF\ASBZOVWJCAGFJ^CU\NF[YZ[UN=\
NXHB_IRAVRPVO]NMMOA
NI^DPEZX_@@QT7OJY\ELPOA]QVDR^KJ^@@FC[_VVXWIT@URAY@T_Nj XIAZQZF@Y\NF[YWO[NKP[DO^WNQI%NVBIQVWUN]SX[WYANHQI^CFDF_RVUOUAR[VJT]@
T7QQBXJHOJX@URAYM@Q@TR\@@HFFIV/UCVSQLY_NSLRX]]NXAIFDXVVO^NM@[OA]QVHZB	3IFYHXBNVCUA R[VG@S
]ZXYVQA^QNF3AYVI^FZ]@ERX\RK_QQN]TJ_\NE[YZ[UN]SXWKJ	%XVRVKAR^UCWOA]QVENL\JW^WL_IFCJ^O	&
ACYC^DUBYOVWJCBGFJ^O]@^@UQAY@T_NSL^PAN
,XF@_A@NKAYWUN]SXZE	NXHFDQF]\XWN<
NIYAP[KJ]@@FC[ _VVXWE\\EUAQ[VJT]@ERTTNXnOJ^][[ QACX_NSLSDOXIA^	XJVOTRVU &NKW^RQANKQI^CEDF_RVYGIQOA^QVHZBYOV[B_QP
+NVEHOA KNIX]@ERY@@QQFMHX_F\NMA,@T WZ[\NXBI@EQHXANVDUA 3]Z\@@BQQ CXJOJ^ZGOAQO]QV
@
P2XIF[EEDF\RVYGIROA^QVDR^KJ^@@JKGEJ^CU\N <
NKP\E_NXN_Q QN\HXNVEORO[^E^SX=QQCF^VVO]NMLSSRUN^SX[WZANHQIR	_VUXWIT@U<@TUDOPXIGGEJ^NARUCQUQ@Q^GQLJ		,IAXVL^\NF[YVSI]_NPLRX]^NXAIJLDF\RVUOUA 3]Z_@@AQQ_VUXWD@NAYQO_@SPXERN4XVRQJ_FX@URAYL\C]]@ERX\RH_QQNQ\VO]NM@[OA
3\JW^PVQYI@DF\RVX[[
AC^EXNLQ]OVXZ,F@X@^ZBUA
R[VF\ASBZOVWJCAGFJ^CU\NF[YZ[UN=\
NXHA_IRAVRPVO]NMMOA
NI^GWEZ[Z@@QT7OJY\EOUOA]QVDR^KJ^@@FC[_VVXWIT@URAY@T_Nj XIAYQZF@Y\NF[YWO[NKPXDO^TMQI%NVBIQUTUN]SX[WYANHQI^CFDF_RVUOUAR[VJT]@
T7QQAXJHOJX@URAYM@Q@TQ_@@HEKIV/UCVSQOT_NSLRX]]NXAIFDXVVO^NM@[OA]QVHZB	3IFZHXBNVCUA R[VG@S
]Z[TVQA]QNF3AYVI^EU]@ERX\RK_QQN]TJ_\NE[YZ[UN]SXWKJ	%XVRVHAR^UCWOA]QVENL\JW^TC_IDDJ^O	&
ACYC^FRBYOVQKJ_IEBVRWVO(

NI^CNLVVJW]RVQIF_TAR^[F[YA	.
]]]^UK_Q QN]TJ\\NE[YVSI^_NPL^PANKQIR	_V2AYQJ@QC@TKJ]@@G_IXVRVM\@NENQAYN		1\JWYRHDAGEJ^O]@]@UQAYL\C^]@ERTTNXBIJLDF	3 
AC^@@S\]\ANKQI_QF@_G^[[QTP[VN^8	NXOCA\_VUXWE\\FUA
Q[VF\APBZOV[B_Q QNQ\VO(

NI^BNLVUJWXNXBIGXJOJ^[DOAQNXQV
@
P2XIF[D@DF\RVYGIROA^QVDR^KJ^@@JKGEJ^CU\N <
NKP]E_NXN_Q QN\HXNVENWO[^DYSX=QQCF_QVO]NMLSSRUN^SX[WZANHQIR	_VUXWIT@U<@TTDOPXIGGEJ^NARUCQTV@Q^FTLJ		,IAXVM[\NF[YVSI]_NPLRX]^NXAIJLDF\RVUOUA 3]Z^@@AQQ_VUXWD@NAYQNZ@SPYERN4XVRQJ_G[@URAYL\C]]@ERX\RH_QQNQ\VO]NM@[OA
3\JW^QVQYI@DF\RVX[[
AC^D[NLPPOVXZ,F@X@^[OUA
R[VF\ASBZOVWJCAGFJ^CU\NF[YZ[UN=\
NXH@_IRAVRPVO]NMMOA
NI^FZEZZU@@QT7OJY\ENZOA]QVDR^KJ^@@FC[_VVXWIT@URAY@T_Nj XIAXQZF@Y\NF[YWO[NKPYDO^ZJQI%NVBIQ[SUN]SX]^DOSXI@G;UCQPO[BNKS^E	NXHKCQFPUXWN<
NIYAPVKJ]@@FC[ _VVXWE\\EUAQ[VJT]@ERTTNXnOJ^X[[ QACX_NSLSDOXIAS XJVB_RVU &NKW^_ZANKQI^CEDF_RVYGIQOA^QVHZBYOV[B_QP
+NVEMOA KNIX]@ERY@@QQKFHX_H_NMA,@T WZU_NXBIFDXUVO^NMLSSQUN^SXWKJ]@@JKG;UCQWO[ANKVBYOVVVQIFPWAR^TC[YA	.
]]]^ZN_Q QN]TJ\\NE[YVSI^_NPL^PANKQIR	_V2AYQM@QC@TKJ]@@G_IXVRVBY@NEAVAYN		1\JWYRHKFGEJ^O]@]@UQAYL\C^]@ERTTNXBIJLDF	3 
AC^G@S\]\ANKQI_QF@_HY[[Q[U[VN^8	NXOCAS_VUXWE\\FUA
Q[VF\APBZOV[B_Q QNQ\VO(

NI^ENLVUJWXNXBIGXJOJ^TAOAQA[QV
@
P2XIF[KCDF\RVYGIROA^QVDR^KJ^@@JKGEJ^CU\N <
NKPZE_NXN_Q QN\HXNVEATO[^KTSX=QQCFP\VO]NMLSSRUN^SX[WZANHQIR	_VUXWIT@U<@TSDOPXIGGEJ^NARUCQ[[@Q^I[LJ		,IAXVBT\NF[YVSI]_NPLRX]^NXAIJLDF\RVUOUA 3]ZY@@AQQ_VUXWD@NAYQAU@SPWERN4XVRQJ_I\@URAYJ]J@S_][AN
,XF@_D@NHAYRI@Q@T^X@@HJBIV/UCVSQ@]_NSLRX]]NXAIFDXVVO^NM@[OA]QVHZB	3IF]HXBNVCUA R[VG@S
]ZT]VQARQNF3AYVI^J^]@ERX\RK_QQN]TJ_\NE[YZ[UN]SXWKJ	%XVRVOAR^UCWOA]QVENL\JW^[H_IJGJ^O	&
ACYC^HQBYOVWJCBGFJ^O]@^@UQAY@T_NSL^PAN
,XF@_E@NKAYWUN]SXZE	NXHJ@QFQPXWN<
NIYAPWKJ]@@FC[ _VVXWE\\EUAQ[VJT]@ERTTNXnOJ^Y[[ QACX_NSLSDOXIARXJVCXRVU &NKW^^]ANKQI^CEDF_RVYGIQOA^QVHZBYOV[B_QP
+NVELOA KNIX]@ERY@@QQJAHX_IZNMA,@T WZTZNXBIFDXUVO^NMLSSQUN^SXWKJ]@@JKG;UCQVO[ANKVBYOVVVQIFQRAR^U@[YA	.
]]]^[M_Q QN]TJ\\NE[YVSI^_NPL^PANKQIR	_V2AYQL@QC@TKJ]@@G_IXVRVCZ@NE@[AYN		1\JWYRHJKGEJ^O]@]@UQAYL\C^]@ERTTNXBIJLDF	3 
AC^F@S\]\ANKQI_QF@_IT[[QZZ[VN^8	NXOCAR_VUXWE\\FUA
Q[VF\APBZOV[B_Q QNQ\VO(

NI^DNLVUJWXNXBIGXJOJ^UNOAPI\QV
@
P2XIF[CDDF\RV_F@OAHNI_]@
T7QQFXJKOJ]\[[
AC_C\NLWYOVXZ,F@X@_\FUA
R[VF\ASBZOVWJCAGFJ^CU\NF[YZ[UN=\
NXHE_IRAVRPVO]NMMOA
NI_ASE[]^@@QT7OJY\DIQOA]QVDR^KJ^@@FC[_VVXWIT@URAY@T_Nj XIA]QZF@Y\NF[YWO[NKQ^DO_RIQI%NVBIPSPUN]SX[WYANHQI^CFDF_RVUOUAR[VJT]@
T7QQEXJHOJX@URAYM@Q@TW[@@ICGIV/UCVSPIX_NSLRX]]NXAIFDXVVO^NM@[OA]QVHZB	3IF^HXBNVCUA R[VG@S
][]XVQ@[QNF3AYVI_CY]@ERX\RK_QQN]TJ_\NE[YZ[UN]SXWKJ	%XVRVLAR^UCWOA]QVENL\JW_RO_ICBJ^O	&
ACYC_ATBYOVWJCBGFJ^O]@^@UQAY@T_NSL^PAN
,XF@_F@NKAYWUN]SXZE	NXICEQGXSXWN<
NIYAQ^KJ]@@FC[ _VVXWE\\EUAQ[VJT]@ERTTNXnOJ^Z[[ QACX_NSLSDOXI@[XJWJURVU &NKW^WPANKQI^CEDF_RVYGIQOA^QVHZBYOV[B_QP
+NVEOOA KNIX]@ERY@@QQCLHX^@UNMA,@T W[]UNXBIFDXUVO^NMLSSQUN^SXWKJ]@@JKG;UCQUO[ANKVBYOVVVQIGX]AR_]G[YA	.
]]]_SJ_Q QN[UCAR]UCPOA
3\JW^TVQZIEXHXNVDHSO[_B]SX=QQCGYUVO]NMLSSRUN^SX[WZANHQIR	_VUXWIT@U<@TPDOPXIGGEJ^NARUCPRR@Q_@PLJ		,IAXWK_\NF[YVSI]_NPLRX]^NXAIJLDF\RVUOUA 3]ZZ@@AQQ_VUXWD@NAYPH^@SQ_ERN4XVRQJ^A_@URAYL\C]]@ERX\RH_QQNQ\VO]NM@[OA
3\JW^UVQYI@DF\RVX[[
AC_B_NLV\OVXZ,F@X@_]CUA
R[VF\ASBZOVWJCAGFJ^CU\NF[YZ[UN=\
NXHD_IRAVRPVO]NMMOA
NI_@VE[\Y@@QT7OJY\DHVOA]QVDR^KJ^@@FC[_VVXWIT@URAY@T_Nj XIA\QZF@Y\NF[YWO[NKQ_ DO_SLQI%NVBIPRUUN]SX[WYANHQI^CFDF_RVUOUAR[VJT]@
T7QQDXJHOJX@URAYM@Q@TV^@@IBDIV/UCVSPH[_NSLRX]]NXAIFDXVVO^NM@[OA]QVHZB	3IF_HXBNVCUA R[VG@S
][\[VQ@Z	QNF3AYVI_BT]@ERX\RK_QQN]TJ_\NE[YZ[UN]SXWKJ	%XVRVMAR^UCWOA]QVENL\JW_SB_IBMJ^O	&
ACYC_@[BYOVWJCBGFJ^O]@^@UQAY@T_NSL^PAN
,XF@_G@NKAYWUN]SXZE	NXIBJQGZTXWN<
NIYAQ\KJ]@@@BRQ YF@^\N <
NKPYE\NXKC_IXVRWH]@NDKRAYN		1\JWYRIABGEJ^O]@]@UQAYL\C^]@ERTTNXBIJLDF	3 
AC^K@S\]\ANKQI_QF@^B][[PQQ[VN^8	NXOC@Y_VUXWE\\FUA
Q[VF\APBZOV[B_Q QNQ\VO(

NI^INLVUJWXNXBIGXJOJ_^EOAPK_QV
@
P2XIF[AGDF\RVYGIROA^QVDR^KJ^@@JKGEJ^CU\N <
NKPVE_NXN_Q QN\HXNVDKPO[_AXSX=QQCGZPVO]NMLSSRUN^SX[WZANHQIR	_VUXWIT@U<@T_DOPXIGGEJ^NARUCPQW@Q_CWLJ		,IAXWHX\NF[YVSI]_NPLRX]^NXAIJLDF\RVUOUA 3]ZU@@AQQ_VUXWD@NAYPKY@SQ\ERN4XVRQJ^BZ@URAYL\C]]@ERX\RH_QQNQ\VO]NM@[OA
3\JW^ZVQYI@DF\RVX[[
AC_AZNLU_OVXZ,F@X@_^@UA
R[VF\ASBZOVWJCAGFJ^CU\NF[YZ[UN=\
NXHK_IRAVRPVO]NMMOA
NI_CUE[_T@@QT7OJY\DK[OA]QVDR^KJ^@@FC[_VVXWIT@URAY@T_Nj XIASQZF@Y\NF[YWO[NKQ\DO_PCQI%NVBIPQZUN]SX[WYANHQI^CFDF_RVUOUAR[VJT]@
T7QQKXJHOJX@URAYM@Q@TUQ@@I@CIV/UCVSPJ\_NSLTYT@@BQQ_V2AYQA@Q@@TWDOXI@XXJWI\RVU &NKW^TYANKQI^CEDF_RVYGIQOA^QVHZBYOV[B_QP
+NVE@OA KNIX]@ERY@@QQ@EHX^C^NMA,@T W[^^NXBIFDXUVO^NMLSSQUN^SXWKJ]@@JKG;UCQZO[ANKVBYOVVVQIG[VAR__D[YA	.
]]]_QI_Q QN]TJ\\NE[YVSI^_NPL^PANKQIR	_V2AYQ@@QC@TKJ]@@G_IXVRWI^@NDJWAYN		1\JWYRI@GGEJ^O]@]@UQAYL\C^]@ERTTNXBIJLDF	3 
AC^J@S\]\ANKQI_QF@^CX[[PPV[VN^8	NXOC@X_VUXWE\\FUA
Q[VF\APBZOV[B_Q QNQ\VO(

NI^HNLVUJWXNXBIGXJOJ__BOAPJZQV
@
P2XIF[@BDF\RVYGIROA^QVDR^KJ^@@JKGEJ^CU\N <
NKPWE_NXN_Q QN\HXNVDJUO[_@[SX=QQCG[SVO]NMLSSRUN^SX[WZANHQIR	_VUXWIT@U<@T^DOPXIGGEJ^NARUCPPT@Q_BZLJ		,IAXWIU\NF[YVSI]_NPLRX]^NXAIJLDF\RVUOUA 3]ZT@@AQQ_VUXWD@NAYPJT@SQ]ERN4XVRQJ^CU@URAYL\C]]@ERX\RH_QQNQ\VO]NM@[OA
3\JW^[VQYI@DF\RVX[[
AC_@UNLSXOVXZ,F@X@_XGUA
R[V@]HNLAVJW_NXnOJ^U[[ RAC]C@S
][Y\VQ@_ QNF3AYVI_G]]@ERX\RK_QQN]TJ_\NE[YZ[UN]SXWKJ	%XVRWJAR^UCWOA]QVENL\JW_VK_IGFJ^O	&
ACYC_EPBYOVWJCBGFJ^O]@^@UQAY@T_NSL^PAN
,XF@^@@NKAYWUN]SXZE	NXIGAQG\WXWN<
NIYAQZKJ]@@FC[ _VVXWE\\EUAQ[VJT]@ERTTNXnOJ_\[[ QACX_NSLSDOXI@_XJWNYRVU &NKW^S\ANKQI^CEDF_RVYGIQOA^QVHZBYOV[B_QP
+NVDIOA KNIX]@ERY@@QQG@HX^DYNMA,@T W[YYNXBIFDXUVO^NMLSSQUN^SXWKJ]@@JKG;UCPSO[ANKVBYOVVVQIG\QAR_XA[YA	.
]]]_VL_Q QN]TJ\\NE[YVSI^_NPL^PANKQIR	_V2AYPI@QC@TKJ]@@G_IXVRWN[@NDMTAYN		1\JWYRIGDGEJ^O]@]@UQAYL\C^]@ERTTNXBIJLDF	3 
AC_C@S\]\ANKQI_QF@^D[[[PW[[VN^8	NXOC@_	_VUXWE\\FUA
Q[VF\APBZOV[B_Q QNQ\VO(

NI_ANLVUJWXNXBIGXJOJ_XOOAPMUQV
@
P2XIF[GMDF\RVYGIROA^QVDR^KJ^@@JKGEJ^CU\N <
NKQ^E_NXN_Q QN\HXNVDMZO[_F\SX=QQCG]TVO]NMJRZO[BNKQB	3IGXHXANVFIOA
NI_DRE[X]@@QT7OJY\DLROA]QVDR^KJ^@@FC[_VVXWIT@URAY@T_Nj XI@ZQZF@Y\NF[YWO[NKQ[DO_WHQI%NVBIPVQUN]SX[WYANHQI^CFDF_RVUOUAR[VJT]@
T7QQBXJHOJX@URAYM@Q@TRZ@@IF@IV/UCVSPL__NSLRX]]NXAIFDXVVO^NM@[OA]QVHZB	3IGYHXBNVCUA R[VG@S
][X_VQ@^QNF3AYVI_FX]@ERX\RK_QQN]TJ_\NE[YZ[UN]SXWKJ	%XVRWKAR^UCWOA]QVENL\JW_WN_IFAJ^O	&
ACYC_DWBYOVWJCBGFJ^O]@^@UQAY@T_NSL^PAN
,XF@^A@NKAYWUN]SXZE	NXIFFQG]RXWN<
NIYAQ[KJ]@@FC[ _VVXWE\\EUAQ[VJT]@ERTTNXnOJ_][[ QACX_NSLSDOXI@^XJWOZRVU &NKW^R_ANKQI^CEDF_RVYGIQOA^QVHZBYOV[B_QP
+NVDHOA KNIX]@ERY@@QQFCHX^ETNMA,@T W[XTNXBIFDXUVO^NMLSSQUN^SXWKJ]@@JKG;UCPRO[ANKVBYOVVVQIG]\AR_YN[YA	.
]]]_WC_Q QN]TJ\\NE[YVSI^_NPL^PANKQIR	_V2AYPH@QC@TKJ]@@G_IXVRWOT@NDOSAYN		1\JWYRIECGEJ^I\I@NHAYPUN=\
NXIB_IRBVRUJARUCPUS@Q_GSLJ		,IAXWL\\NF[YVSI]_NPLRX]^NXAIJLDF\RVUOUA 3][_@@AQQ_VUXWD@NAYPO]@SQXERN4XVRQJ^F^@URAYL\C]]@ERX\RH_QQNQ\VO]NM@[OA
3\JW_PVQYI@DF\RVX[[
AC_E^NLQ[OVXZ,F@X@_ZDUA
R[VF\ASBZOVWJCAGFJ^CU\NF[YZ[UN=\
NXIA_IRAVRPVO]NMMOA
NI_GQE[[X@@QT7OJY\DOWOA]QVDR^KJ^@@FC[_VVXWIT@URAY@T_Nj XI@YQZF@Y\NF[YWO[NKQXDO_TOQI%NVBIPUVUN]SX[WYANHQI^CFDF_RVUOUAR[VJT]@
T7QQAXJHOJX@URAYM@Q@TQ]@@IEEIV/UCVSPOZ_NSLRX]]NXAIFDXVVO^NM@[OA]QVHZB	3IGZHXBNVCUA R[VG@S
][[ZVQ@]QNF3AYVI_E[]@ERX\RK_QQN]TJ_\NE[YZ[UN]SXWKJ	%XVRWHAR^UCWOA]QVENL\JW_TM_IELJ^O	&
ACYC_GZBYOVWJCBGFJ^O]@^@UQAY@T_NSL^PAN
,XF@^B@NKAYWUN]SXZE	NXIEKQG^]XWN<
NIYAQXKJ]@@FC[ _VVXWE\\EUAQ[VJT]@ERTTNXnOJ_^[[ QACX_NSLSDOXI@]XJWM]RVU &NKW^PXANKQIX JXJKOJ_@U<@TUDOSXIB[QF@^G\[[PTR[VN^8	NXOC@\ _VUXWE\\FUA
Q[VF\APBZOV[B_Q QNQ\VO(

NI_BNLVUJWXNXBIGXJOJ_[FOAPN^QV
@
P2XIF[DFDF\RVYGIROA^QVDR^KJ^@@JKGEJ^CU\N <
NKQ]E_NXN_Q QN\HXNVDNQO[_D_SX=QQCG_WVO]NMLSSRUN^SX[WZANHQIR	_VUXWIT@U<@TTDOPXIGGEJ^NARUCPTP@Q_FVLJ		,IAXWMY\NF[YVSI]_NPLRX]^NXAIJLDF\RVUOUA 3][^@@AQQ_VUXWD@NAYPNX@SQY ERN4XVRQJ^GY@URAYL\C]]@ERX\RH_QQNQ\VO]NM@[OA
3\JW_QVQYI@DF\RVX[[
AC_DYNLP^OVXZ,F@X@_[AUA
R[VF\ASBZOVWJCAGFJ^CU\NF[YZ[UN=\
NXI@_IRAVRPVO]NMMOA
NI_FTE[Z[@@QT7OJY\DNTOA]QVDR^KJ^@@FC[_VVXWIT@URAY@T_Nj XI@XQZF@Y\NF[YWO[NKQYDO_UBQI%NVBIPT[UN]SX[WYANHQI^CFDF_RVUOUAR[VJT]@
T7QQ@XJHOJX@URAYM@Q@TPP@@IDJIV/UCVSPNU_NSLRX]]NXAIFDXVVO^NM@[OA]QVHZB	3IG[HXBNVCUA R[VG@S
][ZUVQ@SQNF3AYVI_K\]@ER^][VQZIGDF	3 
AC_@@S_]Y]@@QQKDHX^H]NMA,@T W[U]NXBIFDXUVO^NMLSSQUN^SXWKJ]@@JKG;UCPWO[ANKVBYOVVVQIGPUAR_TE[YA	.
]]]_ZH_Q QN]TJ\\NE[YVSI^_NPL^PANKQIR	_V2AYPM@QC@TKJ]@@G_IXVRWB_@NDAPAYN		1\JWYRIK@GEJ^O]@]@UQAYL\C^]@ERTTNXBIJLDF	3 
AC_G@S\]\ANKQI_QF@^H_[[P[W[VN^8	NXOC@S_VUXWE\\FUA
Q[VF\APBZOV[B_Q QNQ\VO(

NI_ENLVUJWXNXBIGXJOJ_TCOAPAYQV
@
P2XIF[KADF\RVYGIROA^QVDR^KJ^@@JKGEJ^CU\N <
NKQZE_NXN_Q QN\HXNVDAVO[_KZSX=QQCGPRVO]NMLSSRUN^SX[WZANHQIR	_VUXWIT@U<@TSDOPXIGGEJ^NARUCP[U@Q_IULJ		,IAXWBZ\NF[YVSI]_NPLRX]^NXAIJLDF\RVUOUA 3][Y@@AQQ_VUXWD@NAYPA[@SQVERN4XVRQJ^HT@URAYL\C]]@ERX\RH_QQNQ\VO]NM@[OA
3\JW_VVQYI@DF\RVX[[
AC_KTNL_QOVXZ,F@X@_TNUA
R[VF\ASBZOVWJCAGFJ^CU\NF[YZ[UN=\
NXIG_IRAVRPVO]NMMOA
NI_I[E[T\@@QT7OJY\D@SOA]QVBSWE\NXI_QP
+NVDMOA HNI]ANL\JW_[J_IJEJ^O	&
ACYC_HSBYOVWJCBGFJ^O]@^@UQAY@T_NSL^PAN
,XF@^E@NKAYWUN]SXZE	NXIJBQGQVXWN<
NIYAQWKJ]@@FC[ _VVXWE\\EUAQ[VJT]@ERTTNXnOJ_Y[[ QACX_NSLSDOXI@RXJWC^RVU &NKW^^[ANKQI^CEDF_RVYGIQOA^QVHZBYOV[B_QP
+NVDLOA KNIX]@ERY@@QQJGHX^IXNMA,@T W[TXNXBIFDXUVO^NMLSSQUN^SXWKJ]@@JKG;UCPVO[ANKVBYOVVVQIGQPAR_UB[YA	.
]]]_[O_Q QN]TJ\\NE[YVSI^_NPL^PANKQIR	_V2AYPL@QC@TKJ]@@G_IXVRWCX@ND@UAYN		1\JWYRIJEGEJ^O]@]@UQAYL\C^]@ERTTNXBIJLDF	3 
AC_F@S\]\ANKQI_QF@^IZ[[PZT[VN^8	NXOC@R_VUXWE\\FUA
Q[VF\APBZOV[B_Q QNQ\VO(

NI_DNLVUJWXNXBIGXJOJ_U@OAP@TQV
@
P2XIF[JLDF\RVYGIROA^QVDR^KJ^@@JKGEJ^CU\N <
NKQ[E_NXN_Q QN\HXNVD@[O[_JUSX=QQCGQ]VO]NMLSSRUN^SX[WZANHQIR	_VUXWIT@U<@TRDOPXIGGEJ^NARUCPZZ@QXARLJ		,IAXPJ]\NF[YPR@@Q@@TKJ	%XVRWOAR]UCRSO[NKV^DOXRKQI%NVBIWSRUN]SX[WYANHQI^CFDF_RVUOUAR[VJT]@
T7QQEXJHOJX@URAYM@Q@TWY@@NCAIV/UCVSWI^_NSLRX]]NXAIFDXVVO^NM@[OA]QVHZB	3IG^HXBNVCUA R[VG@S
]\]^VQG[QNF3AYVIXC_]@ERX\RK_QQN]TJ_\NE[YZ[UN]SXWKJ	%XVRWLAR^UCWOA]QVENL\JWXRI_IC@J^O	&
ACYCXAVBYOVWJCBGFJ^O]@^@UQAY@T_NSL^PAN
,XF@^F@NKAYWUN]SXZE	NXNCGQ@XQXWN<
NIYAV^ KJ]@@FC[ _VVXWE\\EUAQ[VJT]@ERTTNXnOJ_Z[[ QACX_NSLSDOXIG[XJPJ[RVU &NKW^W^ANKQI^CEDF_RVYGIQOA^QVHZBYOV[B_QP
+NVDNOA KNIX]@ERY@@QQCBHXY@[NMA,@T W\][NXBIFDXUVO^NMLSSQUN^SXWKJ]@@JKG;UCPTO[ANKVBYOVVVQI@XSARX\O[YA	.
]]]XRB_Q QN]TJ\\NE[YVSI^_NPL^PANKQIR	_V2AYPN@QC@TKJ]@@G_IXVRPJU@NCIZAYN		1\JWYRNCJGEJ^O]@]@UQAYL\C^]@ERTTNXBIJLDF	3 
AC_D@S\]\ANKQI_QF@Y@U[[WRS[VN^8	NXOCGZ_VUXWC]U[[RAC__Nj XI@\QYF@\@@NAYWH\@SV_ERN4XVRQJYA]@URAYL\C]]@ERX\RH_QQNQ\VO]NM@[OA
3\JW_ZVQYI@DF\RVX[[
ACXB]NLVZOVXZ,F@X@X]EUA
R[VF\ASBZOVWJCAGFJ^CU\NF[YZ[UN=\
NXIK_IRAVRPVO]NMMOA
NIX@PE\\_@@QT7OJY\CHPOA]QVDR^KJ^@@FC[_VVXWIT@URAY@T_Nj XI@SQZF@Y\NF[YWO[NKV_DOXSNQI%NVBIWRWUN]SX[WYANHQI^CFDF_RVUOUAR[VJT]@
T7QQKXJHOJX@URAYM@Q@TV\@@NBFIV/UCVSWHY_NSLRX]]NXAIFDXVVO^NM@[OA]QVHZB	3IGPHXBNVCUA R[VG@S
]\\YVQGZQNF3AYVIXBZ]@ERX\RK_QQN]TJ_\NE[YZ[UN]SXWKJ	%XVRWCAR^UCWOA]QVENL\JWXSL_IBCJ^O	&
ACYCX@UBYOVWJCBGFJ^O]@^@UQAY@T_NSL^PAN
,XF@^I@NKAYWUN]SXZE	NXNBDQ@Y\XWN<
NIYAV_KJ]@@FC[ _VVXWE\\EUAQ[VJT]@ERTTNXnOJ_U[[ QACX_NSLSDOXIGZ	XJPKTRVU &NKW^VQANKQI^CEDF_RVYGIQOA^QVHZBYOV[B_QP
+NVD@OA KNIX]@ERY@@QQBMHXYB\NMA,@T W\_\NXBI@EQHXANVDUA 3][T@@BQQ CXJOJX^GOAWK]QV
@
P2XIF[AEDF\RVYGIROA^QVDR^KJ^@@JKGEJ^CU\N <
NKV^E_NXN_Q QN\HXNVCKRO[XA^SX=QQC@ZVVO]NMLSSRUN^SX[WZANHQIR	_VUXWIT@U<@TWDOPXIGGEJ^NARUCWQQ@QXCQLJ		,IAXPH^\NF[YVSI]_NPLRX]^NXAIJLDF\RVUOUA 3]\]@@AQQ_VUXWD@NAYWK_@SV\ERN4XVRQJYBX@URAYL\C]]@ERX\RH_QQNQ\VO]NM@[OA
3\JWXRVQYI@DF\RVX[[
ACXAXNLU]OVXZ,F@X@X^BUA
R[VF\ASBZOVWJCAGFJ^CU\NF[YZ[UN=\
NXNC_IRAVRPVO]NMMOA
NIXCWE\_Z@@QT7OJY\CKUOA]QVDR^KJ^@@FC[_VVXWIT@URAY@T_Nj XIGZQZF@Y\NF[YWO[NKV\DOXPMQI%NVBIWQTUN]SX[WYANHQI^CFDF_RVUOUAR[VJT]@
T7QQBXJHOJX@URAYM@Q@TU_@@NAKIV/UCVSWKT_NSLRX]]NXAIFDXVVO^NM@[OA]QVHZB	3I@YHXBNVCUA R[VG@S
]\_TVQGYQNF3AYVIXAU]@ERX\RK_QQN]TJ_\NE[YZ[UN]SXWKJ	%XVRPKAR^UCWOA]QVENL\JWXPC_I@DJ^O	&
ACYCXBRBYOVQKJ_IEBVRWVO(

NIX@NLVVJW]RVQI@[TARX_F[YA	.
]]]XQK_Q QN]TJ\\NE[YVSI^_NPL^PANKQIR	_V2AYWK@QC@TKJ]@@G_IXVRPI\@NCJQAYN		1\JWYRN@AGEJ^O]@]@UQAYL\C^]@ERTTNXBIJLDF	3 
ACXA@S\]\ANKQI_QF@YC^[[WPP[VN^8	NXOCGX_VUXWE\\FUA
Q[VF\APBZOV[B_Q QNQ\VO(

NIXCNLVUJWXNXBIGXJOJX_DOAWJXQV
@
P2XIF[@@DF\RVYGIROA^QVDR^KJ^@@JKGEJ^CU\N <
NKV\E_NXN_Q QN\HXNVCJWO[X@YSX=QQC@[QVO]NMLSSRUN^SX[WZANHQIR	_VUXWIT@U<@TUDOPXIGGEJ^NARUCWPV@QXBTLJ		,IAXPI[\NF[YVSI]_NPLRX]^NXAIJLDF\RVUOUA 3]\^@@AQQ_VUXWD@NAYWJZ@SV]ERN4XVRQJYC[@URAYL\C]]@ERX\RH_QQNQ\VO]NM@[OA
3\JWXQVQYI@DF\RVX[[
ACX@[NLTPOVXZ,F@X@X_OUA
R[VF\ASBZOVWJCAGFJ^CU\NF[YZ[UN=\
NXN@_IRAVRPVO]NMMOA
NIXBZE\^U@@QT7OJY\CJZOA]QVDR^KJ^@@FC[_VVXWIT@URAY@T_Nj XIGXQZF@Y\NF[YWO[NKV]DOXVJQI%NVBIWWSUN]SX]^DOSXI@G;UCWPO[BNKS^E	NXNGCQ@\UXWN<
NIYAVZKJ]@@FC[ _VVXWE\\EUAQ[VJT]@ERTTNXnOJXX[[ QACX_NSLSDOXIG_ XJPN_RVU &NKW^SZANKQI^CEDF_RVYGIQOA^QVHZBYOV[B_QP
+NVCMOA KNIX]@ERY@@QQGFHXYD_NMA,@T W\Y_NXBIFDXUVO^NMLSSQUN^SXWKJ]@@JKG;UCWWO[ANKVBYOVVVQI@\WARXXC[YA	.
]]]XVN_Q QN]TJ\\NE[YVSI^_NPL^PANKQIR	_V2AYWM@QC@TKJ]@@G_IXVRPNY@NCMVAYN		1\JWYRNGFGEJ^O]@]@UQAYL\C^]@ERTTNXBIJLDF	3 
ACXG@S\]\ANKQI_QF@YDY[[WWU[VN^8	NXOCG__VUXWE\\FUA
Q[VF\APBZOV[B_Q QNQ\VO(

NIXDNLVUJWXNXBIGXJOJXXAOAWM[QV
@
P2XIF[GCDF\RVYGIROA^QVDR^KJ^@@JKGEJ^CU\N <
NKV[E_NXN_Q QN\HXNVCMTO[XGTSX=QQC@\\VO]NMLSSRUN^SX[WZANHQIR	_VUXWIT@U<@TRDOPXIGGEJ^NARUCWW[@QXE[LJ		,IAXPNT\NF[YVSI]_NPLRX]^NXAIJLDF\RVUOUA 3]\X@@AQQ_VUXWD@NAYWMU@SV[ERN4XVRQJYE\@URAYJ]J@S_][AN
,XF@YE@NHAYRI@Q@TRX@@NFBIV/UCVSWL]_NSLRX]]NXAIFDXVVO^NM@[OA]QVHZB	3I@^HXBNVCUA R[VG@S
]\X]VQG^QNF3AYVIXF^]@ERX\RK_QQN]TJ_\NE[YZ[UN]SXWKJ	%XVRPLAR^UCWOA]QVENL\JWXWH_IFGJ^O	&
ACYCXDQBYOVWJCBGFJ^O]@^@UQAY@T_NSL^PAN
,XF@YF@NKAYWUN]SXZE	NXNF@Q@]PXWN<
NIYAV[KJ]@@FC[ _VVXWE\\EUAQ[VJT]@ERTTNXnOJXZ[[ QACX_NSLSDOXIG^XJPOXRVU &NKW^R]ANKQI^CEDF_RVYGIQOA^QVHZBYOV[B_QP
+NVCOOA KNIX]@ERY@@QQFAHXYEZNMA,@T W\XZNXBIFDXUVO^NMLSSQUN^SXWKJ]@@JKG;UCWTO[ANKVBYOVVVQI@]RARXY@[YA	.
]]]XWM_Q QN]TJ\\NE[YVSI^_NPL^PANKQIR	_V2AYWN@QC@TKJ]@@G_IXVRPOZ@NCL[AYN		1\JWYRNFKGEJ^O]@]@UQAYL\C^]@ERTTNXBIJLDF	3 
ACXD@S\]\ANKQI_QF@YET[[WVZ[VN^8	NXOCG^_VUXWE\\FUA
Q[VF\APBZOV[B_Q QNQ\VO(

NIXFNLVUJWXNXBIGXJOJXYNOAWO\QV
@
P2XIF[EDDF\RV_F@OAHNI_]@
T7QQDXJKOJ]\[[
ACXE\NLQYOVXZ,F@X@XZFUA
R[VF\ASBZOVWJCAGFJ^CU\NF[YZ[UN=\
NXNK_IRAVRPVO]NMMOA
NIXGSE\[^@@QT7OJY\COQOA]QVDR^KJ^@@FC[_VVXWIT@URAY@T_Nj XIGSQZF@Y\NF[YWO[NKVXDOXTIQI%NVBIWUPUN]SX[WYANHQI^CFDF_RVUOUAR[VJT]@
T7QQKXJHOJX@URAYM@Q@TQ[@@NEGIV/UCVSWOX_NSLRX]]NXAIFDXVVO^NM@[OA]QVHZB	3I@PHXBNVCUA R[VG@S
]\[XVQG]QNF3AYVIXEY]@ERX\RK_QQN]TJ_\NE[YZ[UN]SXWKJ	%XVRPBAR^UCWOA]QVENL\JWXTO_IEBJ^O	&
ACYCXGTBYOVWJCBGFJ^O]@^@UQAY@T_NSL^PAN
,XF@YI@NKAYWUN]SXZE	NXNEEQ@^SXWN<
NIYAVXKJ]@@FC[ _VVXWE\\EUAQ[VJT]@ERTTNXnOJXU[[ QACX_NSLSDOXIG]XJPLURVU &NKW^QPANKQI^CEDF_RVYGIQOA^QVHZBYOV[B_QP
+NVC@OA KNIX]@ERY@@QQELHXYFUNMA,@T W\[UNXBIFDXUVO^NMLSSQUN^SXWKJ]@@JKG;UCWZO[ANKVBYOVVVQI@^]ARX[G[YA	.
]]]XUJ_Q QN[UCAR]UCPOA
3\JWX[VQZIEXHXNVCNSO[XD]SX=QQC@_UVO]NMLSSRUN^SX[WZANHQIR	_VUXWIT@U<@T WDOPXIGGEJ^NARUCWTR@QXFPLJ		,IAXPM_\NF[YVSI]_NPLRX]^NXAIJLDF\RVUOUA 3]]]@@AQQ_VUXWD@NAYWN^@SVYERN4XVRQJYG_@URAYL\C]]@ERX\RH_QQNQ\VO]NM@[OA
3\JWYRVQYI@DF\RVX[[
ACXD_NLP\OVXZ,F@X@X[CUA
R[VF\ASBZOVWJCAGFJ^CU\NF[YZ[UN=\
NXOC_IRAVRPVO]NMMOA
NIXFVE\ZY@@QT7OJY\CNVOA]QVDR^KJ^@@FC[_VVXWIT@URAY@T_Nj XIF[QZF@Y\NF[YWO[NKVY DOXULQI%NVBIWTUUN]SX[WYANHQI^CFDF_RVUOUAR[VJT]@
T7QQBXJHOJX@URAYM@Q@TP^@@NDDIV/UCVSWN[_NSLRX]]NXAIFDXVVO^NM@[OA]QVHZB	3IAYHXBNVCUA R[VG@S
]\Z[VQG\	QNF3AYVIXDT]@ERX\RK_QQN]TJ_\NE[YZ[UN]SXWKJ	%XVRQKAR^UCWOA]QVENL\JWXUB_IDMJ^O	&
ACYCXF[BYOVWJCBGFJ^O]@^@UQAY@T_NSL^PAN
,XF@XA@NKAYWUN]SXZE	NXNDJQ@PTXWN<
NIYAVVKJ]@@@BRQ YF@^\N <
NKW_E\NXKC_IXVRPB]@NCARAYN		1\JWYRNKBGEJ^O]@]@UQAYL\C^]@ERTTNXBIJLDF	3 
ACYA@S\]\ANKQI_QF@YH][[W[Q[VN^8	NXOCGS_VUXWE\\FUA
Q[VF\APBZOV[B_Q QNQ\VO(

NIYCNLVUJWXNXBIGXJOJXTEOAWA_QV
@
P2XIF[KGDF\RVYGIROA^QVDR^KJ^@@JKGEJ^CU\N <
NKW\E_NXN_Q QN\HXNVCAPO[XKXSX=QQC@PPVO]NMLSSRUN^SX[WZANHQIR	_VUXWIT@U<@T UDOPXIGGEJ^NARUCW[W@QXIWLJ		,IAXPBX\NF[YVSI]_NPLRX]^NXAIJLDF\RVUOUA 3]]_@@AQQ_VUXWD@NAYWAY@SVVERN4XVRQJYHZ@URAYL\C]]@ERX\RH_QQNQ\VO]NM@[OA
3\JWYQVQYI@DF\RVX[[
ACXKZNL__OVXZ,F@X@XT@UA
R[VF\ASBZOVWJCAGFJ^CU\NF[YZ[UN=\
NXO@_IRAVRPVO]NMMOA
NIXIUE\UT@@QT7OJY\CA[OA]QVDR^KJ^@@FC[_VVXWIT@URAY@T_Nj XIFXQZF@Y\NF[YWO[NKVVDOXZCQI%NVBIW[ZUN]SX[WYANHQI^CFDF_RVUOUAR[VJT]@
T7QQ@XJHOJX@URAYM@Q@T_Q@@NJCIV/UCVSW@\_NSLTYT@@BQQ_V2AYVJ@Q@@TWDOXIGRXJPC\RVU &NKW^^YANKQI^CEDF_RVYGIQOA^QVHZBYOV[B_QP
+NVBMOA KNIX]@ERY@@QQJEHXYI^NMA,@T W\T^NXBIFDXUVO^NMLSSQUN^SXWKJ]@@JKG;UCVWO[ANKVBYOVVVQI@QVARXUD[YA	.
]]]X[I_Q QN]TJ\\NE[YVSI^_NPL^PANKQIR	_V2AYVM@QC@TKJ]@@G_IXVRPC^@NC@WAYN		1\JWYRNJGGEJ^O]@]@UQAYL\C^]@ERTTNXBIJLDF	3 
ACYG@S\]\ANKQI_QF@YIX[[WZV[VN^8	NXOCGR_VUXWE\\FUA
Q[VF\APBZOV[B_Q QNQ\VO(

NIYENLVUJWXNXBIGXJOJXUBOAW@ZQV
@
P2XIF[JBDF\RVYGIROA^QVDR^KJ^@@JKGEJ^CU\N <
NKW[E_NXN_Q QN\HXNVC@UO[XJ[SX=QQC@QSVO]NMLSSRUN^SX[WZANHQIR	_VUXWIT@U<@T RDOPXIGGEJ^NARUCWZT@QXHZLJ		,IAXPCU\NF[YVSI]_NPLRX]^NXAIJLDF\RVUOUA 3]]X@@AQQ_VUXWD@NAYW@T@SVWERN4XVRQJYIU@URAYL\C]]@ERX\RH_QQNQ\VO]NM@[OA
3\JWYWVQYI@DF\RVX[[
ACXJUNL WXOVXZ,F@X@Y\GUA
R[V@]HNLAVJW_NXnOJYY[[ RAC]C@S
]]]\VQF[ QNF3AYVIYC]]@ERX\RK_QQN]TJ_\NE[YZ[UN]SXWKJ	%XVRQMAR^UCWOA]QVENL\JWYRK_ICFJ^O	&
ACYCYAPBYOVWJCBGFJ^O]@^@UQAY@T_NSL^PAN
,XF@XG@NKAYWUN]SXZE	NXOCAQAXWXWN<
NIYAW^KJ]@@FC[ _VVXWE\\EUAQ[VJT]@ERTTNXnOJY[[[ QACX_NSLSDOXIF[XJQJYRVU &NKW^ W\ANKQI^CEDF_RVYGIQOA^QVHZBYOV[B_QP
+NVBNOA KNIX]@ERY@@QQC@HXX@YNMA,@T W]]YNXBIFDXUVO^NMLSSQUN^SXWKJ]@@JKG;UCVTO[ANKVBYOVVVQIAXQARY\A[YA	.
]]]YRL_Q QN]TJ\\NE[YVSI^_NPL^PANKQIR	_V2AYV@@QC@TKJ]@@G_IXVRQJ[@NBITAYN		1\JWYROCDGEJ^O]@]@UQAYL\C^]@ERTTNXBIJLDF	3 
ACYJ@S\]\ANKQI_QF@X@[[[VS[[VN^8	NXOCF[	_VUXWE\\FUA
Q[VF\APBZOV[B_Q QNQ\VO(

NIYHNLVUJWXNXBIGXJOJY\OOAVIUQV
@
P2XIF[CMDF\RVYGIROA^QVDR^KJ^@@JKGEJ^CU\N <
NKWWE_NXN_Q QN\HXNVBIZO[YB\SX=QQCAYTVO]NMJRZO[BNKQB	3IAQHXANVFIOA
NIY@RE]\]@@QT7OJY\BHROA]QVDR^KJ^@@FC[_VVXWIT@URAY@T_Nj XIEZQZF@Y\NF[YWO[NKW_DOYSHQI%NVBIVRQUN]SX[WYANHQI^CFDF_RVUOUAR[VJT]@
T7QQBXJHOJX@URAYM@Q@T VZ@@OB@IV/UCVSVH__NSLRX]]NXAIFDXVVO^NM@[OA]QVHZB	3IBYHXBNVCUA R[VG@S
]]\_VQFZQNF3AYVIYBX]@ERX\RK_QQN]TJ_\NE[YZ[UN]SXWKJ	%XVRRKAR^UCWOA]QVENL\JWYSN_IBAJ^O	&
ACYCY@WBYOVWJCBGFJ^O]@^@UQAY@T_NSL^PAN
,XF@[A@NKAYWUN]SXZE	NXOBFQAYRXWN<
NIYAW_KJ]@@FC[ _VVXWE\\EUAQ[VJT]@ERTTNXnOJZ_[[ QACX_NSLSDOXIFZXJQKZRVU &NKW^ V_ANKQI^CEDF_RVYGIQOA^QVHZBYOV[B_QP
+NVAJOA KNIX]@ERY@@QQBCHXXATNMA,@T W]\TNXBIFDXUVO^NMLSSQUN^SXWKJ]@@JKG;UCUPO[ANKVBYOVVVQIAY\ARY]N[YA	.
]]]YSC_Q QN]TJ\\NE[YVSI^_NPL^PANKQIR	_V2AYUJ@QC@TKJ]@@G_IXVRQKT@NBKSAYN		1\JWYROACGEJ^I\I@NHAYPUN=\
NXL@_IRBVRUJARUCVQS@QYCSLJ		,IAXQH\\NF[YVSI]_NPLRX]^NXAIJLDF\RVUOUA 3]^X@@AQQ_VUXWD@NAYVK]@SW\ERN4XVRQJXB^@URAYL\C]]@ERX\RH_QQNQ\VO]NM@[OA
3\JWZWVQYI@DF\RVX[[
ACYA^NL U[OVXZ,F@X@Y^DUA
R[VF\ASBZOVWJCAGFJ^CU\NF[YZ[UN=\
NXLF_IRAVRPVO]NMMOA
NIYCQE]_X@@QT7OJY\BKWOA]QVDR^KJ^@@FC[_VVXWIT@URAY@T_Nj XIE^QZF@Y\NF[YWO[NKW\DOYPOQI%NVBIVQVUN]SX[WYANHQI^CFDF_RVUOUAR[VJT]@
T7QQFXJHOJX@URAYM@Q@T U]@@OAEIV/UCVSVKZ_NSLRX]]NXAIFDXVVO^NM@[OA]QVHZB	3IB_HXBNVCUA R[VG@S
]]_ZVQFYQNF3AYVIYA[]@ERX\RK_QQN]TJ_\NE[YZ[UN]SXWKJ	%XVRRMAR^UCWOA]QVENL\JWYPM_IALJ^O	&
ACYCYCZBYOVWJCBGFJ^O]@^@UQAY@T_NSL^PAN
,XF@[G@NKAYWUN]SXZE	NXOAKQAZ]XWN<
NIYAW\KJ]@@FC[ _VVXWE\\EUAQ[VJT]@ERTTNXnOJZ[[[ QACX_NSLSDOXIFYXJQI]RVU &NKW^ TXANKQIX JXJKOJ_@U<@TPDOSXIB[QF@XC\[[VPR[VN^8	NXOCFX _VUXWE\\FUA
Q[VF\APBZOV[B_Q QNQ\VO(

NIZHNLVUJWXNXBIGXJOJY_FOAVJ^QV
@
P2XIF[@FDF\RVYGIROA^QVDR^KJ^@@JKGEJ^CU\N <
NKTWE_NXN_Q QN\HXNVBJQO[Y@_SX=QQCA[WVO]NMLSSRUN^SX[WZANHQIR	_VUXWIT@U<@T^DOPXIGGEJ^NARUCVPP@QYBVLJ		,IAXQIY\NF[YVSI]_NPLRX]^NXAIJLDF\RVUOUA 3]^T@@AQQ_VUXWD@NAYVJX@SW] ERN4XVRQJXCY@URAYL\C]]@ERX\RH_QQNQ\VO]NM@[OA
3\JWZ[VQYI@DF\RVX[[
ACY@YNL T^OVXZ,F@X@Y_AUA
R[VF\ASBZOVWJCAGFJ^CU\NF[YZ[UN=\
NXMB_IRAVRPVO]NMMOA
NIYBTE]^[@@QT7OJY\BJTOA]QVDR^KJ^@@FC[_VVXWIT@URAY@T_Nj XIDZQZF@Y\NF[YWO[NKW]DOYQBQI%NVBIVP[UN]SX[WYANHQI^CFDF_RVUOUAR[VJT]@
T7QQBXJHOJX@URAYM@Q@T TP@@O@JIV/UCVSVJU_NSLRX]]NXAIFDXVVO^NM@[OA]QVHZB	3ICYHXBNVCUA R[VG@S
]]^UVQF_QNF3AYVIYG\]@ER^][VQZIGDF	3 
AC[B@S_]Y]@@QQGDHXXD]NMA,@T W]Y]NXBIFDXUVO^NMLSSQUN^SXWKJ]@@JKG;UCTPO[ANKVBYOVVVQIA\UARYXE[YA	.
]]]YVH_Q QN]TJ\\NE[YVSI^_NPL^PANKQIR	_V2AYTJ@QC@TKJ]@@G_IXVRQN_@NBMPAYN		1\JWYROG@GEJ^O]@]@UQAYL\C^]@ERTTNXBIJLDF	3 
AC[@@S\]\ANKQI_QF@XD_[[VWW[VN^8	NXOCF__VUXWE\\FUA
Q[VF\APBZOV[B_Q QNQ\VO(

NI[BNLVUJWXNXBIGXJOJYXCOAVMYQV
@
P2XIF[GADF\RVYGIROA^QVDR^KJ^@@JKGEJ^CU\N <
NKU]E_NXN_Q QN\HXNVBMVO[YGZSX=QQCA\RVO]NMLSSRUN^SX[WZANHQIR	_VUXWIT@U<@TRDOPXIGGEJ^NARUCVWU@QYEULJ		,IAXQNZ\NF[YVSI]_NPLRX]^NXAIJLDF\RVUOUA 3]_X@@AQQ_VUXWD@NAYVM[@SWZERN4XVRQJXDT@URAYL\C]]@ERX\RH_QQNQ\VO]NM@[OA
3\JW[WVQYI@DF\RVX[[
ACYGTNL SQOVXZ,F@X@YXNUA
R[VF\ASBZOVWJCAGFJ^CU\NF[YZ[UN=\
NXMF_IRAVRPVO]NMMOA
NIYE[E]X\@@QT7OJY\BLSOA]QVBSWE\NXI_QP
+NV@LOA HNI]ANL\JWYWJ_IFEJ^O	&
ACYCYDSBYOVWJCBGFJ^O]@^@UQAY@T_NSL^PAN
,XF@ZG@NKAYWUN]SXZE	NXOFBQA]VXWN<
NIYAW[KJ]@@FC[ _VVXWE\\EUAQ[VJT]@ERTTNXnOJ[[[[ QACX_NSLSDOXIF^XJQO^RVU &NKW^ R[ANKQI^CEDF_RVYGIQOA^QVHZBYOV[B_QP
+NV@NOA KNIX]@ERY@@QQFGHXXEXNMA,@T W]XXNXBIFDXUVO^NMLSSQUN^SXWKJ]@@JKG;UCTTO[ANKVBYOVVVQIA]PARYYB[YA	.
]]]YWO_Q QN]TJ\\NE[YVSI^_NPL^PANKQIR	_V2AYTN@QC@TKJ]@@G_IXVRQOX@NBLUAYN		1\JWYROFEGEJ^O]@]@UQAYL\C^]@ERTTNXBIJLDF	3 
AC[J@S\]\ANKQI_QF@XEZ[[VVT[VN^8	NXOCF^_VUXWE\\FUA
Q[VF\APBZOV[B_Q QNQ\VO(

NI[HNLVUJWXNXBIGXJOJYY@OAVLTQV
@
P2XIF[FLDF\RVYGIROA^QVDR^KJ^@@JKGEJ^CU\N <
NKUWE_NXN_Q QN\HXNVBL[O[YFUSX=QQCA]]VO]NMLSSRUN^SX[WZANHQIR	_VUXWIT@U<@T^DOPXIGGEJ^NARUCVVZ@QYGRLJ		,IAXQL]\NF[YPR@@Q@@TKJ	%XVRSCAR]UCRSO[NKWXDOYTKQI%NVBIVURUN]SX[WYANHQI^CFDF_RVUOUAR[VJT]@
T7QQ	BXJHOJX@URAYM@Q@T QY@@OEAIV/UCVSVO^_NSLRX]]NXAIFDXVVO^NM@[OA]QVHZB	3ILYHXBNVCUA R[VG@S
]][^VQF]QNF3AYVIYE_]@ERX\RK_QQN]TJ_\NE[YZ[UN]SXWKJ	%XVR\KAR^UCWOA]QVENL\JWYTI_IE@J^O	&
ACYCYGVBYOVWJCBGFJ^O]@^@UQAY@T_NSL^PAN
,XF@UA@NKAYWUN]SXZE	NXOEGQA^QXWN<
NIYAWX KJ]@@FC[ _VVXWE\\EUAQ[VJT]@ERTTNXnOJT][[ QACX_NSLSDOXIF]XJQL[RVU &NKW^ Q^ANKQI^CEDF_RVYGIQOA^QVHZBYOV[B_QP
+NVOJOA KNIX]@ERY@@QQEBHXXF[NMA,@T W][[NXBIFDXUVO^NMLSSQUN^SXWKJ]@@JKG;UC[PO[ANKVBYOVVVQIA^SARYZO[YA	.
]]]YTB_Q QN]TJ\\NE[YVSI^_NPL^PANKQIR	_V2AY[J@QC@TKJ]@@G_IXVRQLU@NBOZAYN		1\JWYROEJGEJ^O]@]@UQAYL\C^]@ERTTNXBIJLDF	3 
ACT@@S\]\ANKQI_QF@XFU[[VTS[VN^8	NXOCF\_VUXWC]U[[RAC__Nj XIKXQYF@\@@NAYVN\@SWYERN4XVRQJXG]@URAYL\C]]@ERX\RH_QQNQ\VO]NM@[OA
3\JWTWVQYI@DF\RVX[[
ACYD]NL PZOVXZ,F@X@Y[EUA
R[VF\ASBZOVWJCAGFJ^CU\NF[YZ[UN=\
NXBF_IRAVRPVO]NMMOA
NIYFPE]Z_@@QT7OJY\BNPOA]QVDR^KJ^@@FC[_VVXWIT@URAY@T_Nj XIK^QZF@Y\NF[YWO[NKWYDOYUNQI%NVBIVTWUN]SX[WYANHQI^CFDF_RVUOUAR[VJT]@
T7QQ	FXJHOJX@URAYM@Q@T P\@@ODFIV/UCVSVNY_NSLRX]]NXAIFDXVVO^NM@[OA]QVHZB	3IL]HXBNVCUA R[VG@S
]]ZYVQF\QNF3AYVIYDZ]@ERX\RK_QQN]TJ_\NE[YZ[UN]SXWKJ	%XVR\MAR^UCWOA]QVENL\JWYUL_IDCJ^O	&
ACYCYFUBYOVWJCBGFJ^O]@^@UQAY@T_NSL^PAN
,XF@UG@NKAYWUN]SXZE	NXODDQA_\XWN<
NIYAWYKJ]@@FC[ _VVXWE\\EUAQ[VJT]@ERTTNXnOJT[[[ QACX_NSLSDOXIF\	XJQMTRVU &NKW^ PQANKQI^CEDF_RVYGIQOA^QVHZBYOV[B_QP
+NVONOA KNIX]@ERY@@QQDMHXXH\NMA,@T W]U\NXBI@EQHXANVDUA 3]PZ@@BQQ CXJOJYTGOAVA]QV
@
P2XIF[KEDF\RVYGIROA^QVDR^KJ^@@JKGEJ^CU\N <
NKZWE_NXN_Q QN\HXNVBARO[YK^SX=QQCAPVVO]NMLSSRUN^SX[WZANHQIR	_VUXWIT@U<@T^DOPXIGGEJ^NARUCV[Q@QYIQLJ		,IAXQB^\NF[YVSI]_NPLRX]^NXAIJLDF\RVUOUA 3]PT@@AQQ_VUXWD@NAYVA_@SWVERN4XVRQJXHX@URAYL\C]]@ERX\RH_QQNQ\VO]NM@[OA
3\JWT[VQYI@DF\RVX[[
ACYKXNL _]OVXZ,F@X@YTBUA
R[VF\ASBZOVWJCAGFJ^CU\NF[YZ[UN=\
NXBJ_IRAVRPVO]NMMOA
NIYIWE]UZ@@QT7OJY\BAUOA]QVDR^KJ^@@FC[_VVXWIT@URAY@T_Nj XIJZQZF@Y\NF[YWO[NKWVDOYZMQI%NVBIV[TUN]SX[WYANHQI^CFDF_RVUOUAR[VJT]@
T7QQBXJHOJX@URAYM@Q@T __@@OKKIV/UCVSVAT_NSLRX]]NXAIFDXVVO^NM@[OA]QVHZB	3IMYHXBNVCUA R[VG@S
]]UTVQFSQNF3AYVIYKU]@ERX\RK_QQN]TJ_\NE[YZ[UN]SXWKJ	%XVR]KAR^UCWOA]QVENL\JWYZC_IJDJ^O	&
ACYCYHRBYOVQKJ_IEBVRWVO(

NIU@NLVVJW]RVQIAQTARYUF[YA	.
]]]Y[K_Q QN]TJ\\NE[YVSI^_NPL^PANKQIR	_V2AYZJ@QC@TKJ]@@G_IXVRQC\@NB@QAYN		1\JWYROJAGEJ^O]@]@UQAYL\C^]@ERTTNXBIJLDF	3 
ACU@@S\]\ANKQI_QF@XI^[[VZP[VN^8	NXOCFR_VUXWE\\FUA
Q[VF\APBZOV[B_Q QNQ\VO(

NIUBNLVUJWXNXBIGXJOJYUDOAV@XQV
@
P2XIF[J@DF\RVYGIROA^QVDR^KJ^@@JKGEJ^CU\N <
NK[]E_NXN_Q QN\HXNVB@WO[YJYSX=QQCAQQVO]NMLSSRUN^SX[WZANHQIR	_VUXWIT@U<@TTDOPXIGGEJ^NARUCVZV@QYHTLJ		,IAXQC[\NF[YVSI]_NPLRX]^NXAIJLDF\RVUOUA 3]QX@@AQQ_VUXWD@NAYV@Z@SWWERN4XVRQJXI[@URAYL\C]]@ERX\RH_QQNQ\VO]NM@[OA
3\JWUWVQYI@DF\RVX[[
ACYJ[NL ^POVXZ,F@X@YUOUA
R[VF\ASBZOVWJCAGFJ^CU\NF[YZ[UN=\
NXCF_IRAVRPVO]NMMOA
NIYHZE]TU@@QT7OJY\B@ZOA]QVDR^KJ^@@FC[_VVXWIT@URAY@T_Nj XIJ^QZF@Y\NF[YWO[NKWWDOZRJQI%NVBIUSSUN]SX]^DOSXI@G;UCZVO[BNKS^E	NXLCCQBXUXWN<
NIYAT^KJ]@@FC[ _VVXWE\\EUAQ[VJT]@ERTTNXnOJU[[[ QACX_NSLSDOXIE[ XJRJ_RVU &NKW^WZANKQI^CEDF_RVYGIQOA^QVHZBYOV[B_QP
+NVNNOA KNIX]@ERY@@QQCFHX[@_NMA,@T W^]_NXBIFDXUVO^NMLSSQUN^SXWKJ]@@JKG;UCZTO[ANKVBYOVVVQIBXWARZ\C[YA	.
]]]ZRN_Q QN]TJ\\NE[YVSI^_NPL^PANKQIR	_V2AYZN@QC@TKJ]@@G_IXVRRJY@NAIVAYN		1\JWYRLCFGEJ^O]@]@UQAYL\C^]@ERTTNXBIJLDF	3 
ACUD@S\]\ANKQI_QF@[@Y[[USU[VN^8	NXOCE[_VUXWE\\FUA
Q[VF\APBZOV[B_Q QNQ\VO(

NIUHNLVUJWXNXBIGXJOJZ\AOAUI[QV
@
P2XIF[CCDF\RVYGIROA^QVDR^KJ^@@JKGEJ^CU\N <
NK[WE_NXN_Q QN\HXNVAITO[ZCTSX=QQCBX\VO]NMLSSRUN^SX[WZANHQIR	_VUXWIT@U<@T^DOPXIGGEJ^NARUCUS[@QZA[LJ		,IAXRJT\NF[YVSI]_NPLRX]^NXAIJLDF\RVUOUA 3]QT@@AQQ_VUXWD@NAYUIU@ST_ERN4XVRQJ[A\@URAYJ]J@S_][AN
,XF@TI@NHAYRI@Q@TVX@@LBBIV/UCVSUH]_NSLRX]]NXAIFDXVVO^NM@[OA]QVHZB	3IEXUVO^NMMOA HNIX]@QER[]S_Q] AVRX	(AYL\E]CNL\VJWYRJB_IXAVRQJ]B@NKAYZA@Q@@T_DO,\ J^K]A@NKAYWUN]SXZE	NXLBAQBYWXWN<
NIYAT_KJ]@@FC[ _VVXWE\\EUAQ[VJT]@ERTTNXnOJ]\FUA Q[VG@S_]\ANQI] @	DFL\DNV[ 3SX[QYY@@BQQCDYHXBNVBISQO[ANK[VE\NXCK_IU7 NMHSRO[ANKVBYOVVVQIBYPARZ]B[YA	.
]]]ZSO_Q QN]TJ\\NE[YVSI^_NPL^PANKQIR	_V2AYRI]_NPLSDOSXIGGJ^L\E@UORUACQjOVWJEB]QYF@X@\][[
QACYC\CNLAUJWUZVQZIMPHX	3
[VB\BNLVUJWXNXBIGXJOJZ]AOAUH[QV
@
P2XIF[BCDF\RVYGIROA^QVDR^KJ^@@JKGEJ^CU\N <
NKS^KJ^@@G_IRBVRPVONMORTUNE]I@TNE	%IFD^UBAR]UCVSSH@QC@T WX_@@AQQKXJKOJUT[[& LVX^@@AQQ_VUXWD@NAYUHT@ST_ERN4XVRQJ[AU@URAYL\C]]@ERX\RH_QQNQ\VO]NM@[OA
3\JW]RI_QQN\HXANVCUA
[VE]HBQZ]NXQR+ XWE\ZEIOA
HNI_@[BYOVQVQ
H,	RV]GJOA HNI]ANL\JWZPJ_IAEJ^O	&
ACYCZCSBYOVWJCBGFJ^O]@^@UQAY@T_NSL^PAN
,XF@\@Y@UQAYM@Q@@TKJ@@EAZL_V^VHOJN <QVDRXUDOSXIF[BXJHOJY\GKOAKNIUINLAVJWUZVQ
H,	RV]GLOA KNIX]@ERY@@QQAFHX[B_NMA,@T W^__NXBIFDXUVO^NMLSSQUN^SXWKJ]@@JKG;UCRSVUN^SXZE\NXN_QUQN^VI\NZEMAY[=QERX\THG_IXBVRQJ]A@NKAYVI\A@S\]QU@@BQQKXJ / AYH\F@S\]\ANKQI_QF@[BX[[UQV[VN^8	NXOCEY_VUXWE\\FUA
Q[VF\APBZOV[B_Q QNQ\VO(

NI]AWBZOVVVQZI@DF	RVZELOAO^ENKLQ3QI^EF^HXANVBISRO[ANKW^UDOPXIJSQ YF@TH@N<SX_PDOPXIGGEJ^NARUCUQU@QZCULJ		,IAXRHZ\NF[YVSI]_NPLRX]^NXAIJLDF\RVUOUA 3]Y][NXAIGXJKOJX@UAYO^D]@X_JW@ nJ^O]F^T[[
RACYC\@NL\UJWYRJA_IEAVR]BAR]UCZ[O[.XOVSJD_IRAVRPVO]NMMOA
NIZCZE^_U@@QT7OJY\AKZOA]QVDR^KJ^@@FC[_VVXWIT@URAY@T_Nj XIB[_VVXWD@NHAYWUNSXX^ANTICQQJQ2NMLSUPI@Q@@TVQANKQIXQ	%[YRSN@Q@@TWDOXIEXXJRI\RVU &NKW^TYANKQI^CEDF_RVYGIQOA^QVHZBYOV[B_QP
+NVFIZOA^QVENLVVJWXNXIEGYVOF_^UCA3LRX[_PVQZIAXTKAR^UCVSSK@QC@T_DOSXIJSQ	%[YRS@@QC@TKJ]@@G_IXVRRI_@NAJPAYN		1\JWYRL@@GEJ^O]@]@UQAYL\C^]@ERTTNXBIJLDF	3 
AC]CU]@ERY@@BQQ_V XWF__
UAUPMNISV7@@FC]GXJKOJY\GHOA
KNIYAR\E_NXCK_IEBVR]BAR&
QV@RWE_NXN_Q QN\HXNVAJWO[Z@YSX=QQCB[QVO]NMLSSRUN^SX[WZANHQIR	_VUXWIT@U<@TWQANHQI_QYF@Y\N[YUPL_NGQX]O,UQN]TL^F@NHAYVI\B@S\]]]\PVQYIMPHXANVNAOA, AER\]SVQYI@DF\RVX[[
ACZ@ZNLT_OVXZ,F@X@Z_@UA
R[VF\ASBZOVWJCAGFJ^CU\NF[YZ[UN=\
NXKBBGFJ^NAR]UCWOAQVGQYHKJ[_ZXIIU;	RVYGOP[O[BNKW^VDOPXIF[AXJHOJUT[[RACUK@SL8QIZ BXJHOJX@URAYM@Q@TTP@@L@JIV/UCVSUJU_NSLRX]]NXAIFDXVVO^NM@[OA]QVHZB	3IEYUVO^NMMOA HNIX]@QER[_[_Q]CVRX	(AYL\EXANL\VJW_SC_Q QN[HX	3
[VB]@NLVVJW]RVQIB\TARZXF[YA	.
]]]ZVK_Q QN]TJ\\NE[YVSI^_NPL^PANKQIR	_V2AYRH__NPLSDOSXIGGJ^LYA@UOWQACQjOVWJEGYQYF@X@\][[
QACYC\CNLAUJWUZVQZIMPHX	3
[VB]BNLVUJWXNXBIGXJOJZXEOAUM_QV
@
P2XIF[GGDF\RVYGIROA^QVDR^KJ^@@JKGEJ^CU\N <
NKS_KJ^@@G_IRBVRPVONMOWPUNEXE@TNE	%IFD^PNAR]UCVSSH@QC@T WX_@@AQQKXJKOJUT[[& LVY^@@AQQ_VUXWD@NAYUMX@STZ ERN4XVRQJ[DY@URAYL\C]]@ERX\RH_QQNQ\VO]NM@[OA
3\JW]SI_QQN\HXANVCUA
[VEXDBQ\[NXQR+ XWE\ZCOOA
HNIYAR_E_NXOCCYQ ZF@TH@NHAYZA@Q1Y@@BB^QZF@Y\NF[YWO[NKTZDOZVMQI%NVBIUWTUN]SX[WYANHQI^CFDF_RVUOUAR[VJT]@
T7QQ BADF_RVX[[ RACX_NLQ\ZNXEGSIJ 3[YVSOXK@S_]]]\SVQYIAXTHAR^UCZ[O[BNK[VE=EQNYUOAR^UCWOA]QVENL\JWZVB_IGMJ^O	&
ACYCZE[BYOVWJCBGFJ^O]@^@UQAY@T_NSL^PAN
,XF@\AY@UQAYM@Q@@TKJ@@EGRL_V^QJOJN <QVDRX WDOSXI@Z_VUXWC@N<SX_RDOSXIB[QF@[E\[[UVR[VN^8	NXOCE^ _VUXWE\\FUA
Q[VF\APBZOV[B_Q QNQ\VO(

NI]@UBZOVVVQZI@DF	RVZBHOAOYANKLQ3QI^EAZHXANVBISRO[ANKW^UDOPXIJSQ YF@TH@N<SX_PDOPXIGGEJ^NARUCUVQ@QZDQLJ		,IAXRO^\NF[YVSI]_NPLRX]^NXAIJLDF\RVUOUA 3]Y\[NXAIGXJKOJX@UAYOY@]@X SJW@ nJ^O]FYX[[
RACYC\@NL\UJWYRJA_IEAVR]BAR]UCZ[O[.XOVSKD_IRAVRPVO]NMMOA
NIZDVE^XY@@QT7OJY\ALVOA]QVDR^KJ^@@FC[_VVXWIT@URAY@T_Nj XIBZ_VVXWD@NHAYWUNSXX RANTOEQQJQ2NMLSUVO@Q@@T WX\@@AQQCDZHXBNVNAOAHNIUINLQ2 IBEQHXBNVCUA R[VG@S
]^XZVQE^QNF3AYVIZF[]@ERX\RK_QQN]TJ_\NE[YZ[UN]SXWKJ	%XVRUKT\NE[YWO[BNKVBOVTODGEAPF@R	<
[VF\GWVE\NXOCCZQZF@X@\^[[QACUK@S_]QU@@
4]XWA]U[[ QACX_NSLSDOXIE^	XJROTRVU &NKW^RQANKQI^CEDF_RVYGIQOA^QVHZBYOV[B_QP
+NVFHZOA^QVENLVVJWXNXIEAQVOFZ\UCA3LRX[ZRVQZIGY]VO]NMJOA, AER\][VQZIEXHXNVAOSO[ZE]SX=QQCB^UVO]NMLSSRUN^SX[WZANHQIR	_VUXWIT@U<@TUYANHQI_QYF@Y\N[YUUH_NGT\]O,UQN]TL[B@NHAYVI\B@S\]]]\PVQYIMPHXANVNAOA, AER\^SVQYI@DF\RVX[[
ACZE^NLQ[OVXZ,F@X@ZZDUA
R[VF\ASBZOVWJCAGFJ^CU\NF[YZ[UN=\
NXKABGFJ^NAR]UCWOAQVGT]HKJ[ZVXIIU;	RVYGOUWO[BNKW^VDOPXIF[AXJHOJUT[[RACUK@SL8QIZBXJHOJX@URAYM@Q@TQ\@@LEFIV/UCVSUOY_NSLRX]]NXAIFDXVVO^NM@[OA]QVHZB	3IEZUVO^NMMOA HNIX]@QER[ZW_Q]EVRX	(AYL\EZGNL\VJWYRJB_IXAVRQJ]B@NKAYZA@Q@@T_DO,\ J^K_C@NKAYWUN]SXZE	NXLEEQB^SXWN<
NIYATXKJ]@@FC[ _VVXWE\\EUAQ[VJT]@ERTTNXnOJ]^DUA Q[VG@S_]\ANQI]D	DFL[HNV[ 3SX[Q^U@@BQQCDYHXBNVBISQO[ANK[VE\NXCK_IU7 NMHQPO[ANKVBYOVVVQIB^\ARZZN[YA	.
]]]ZTC_Q QN]TJ\\NE[YVSI^_NPL^PANKQIR	_V2AYRK__NPLSDOSXIGGJ^L[I@UOTSACQjOVWJED[QYF@^AU@URAYJ@Q1Y@@BAXQYF@\@@NAYUN\@STYERN4XVRQJ[G]@URAYL\C]]@ERX\RH_QQNQ\VO]NM@[OA
3\JW]PO_QQN\HXANVCUA
[VE[@BQ__NXQR+ XWE\Z@KOA
HNIYAR_E_NXOCCYQ ZF@TH@NHAYZA@Q1Y@@BA^QZF@Y\NF[YWO[NKTYDOZUIQI%NVBIUTPUN]SX[WYANHQI^CFDF_RVUOUAR[VJT]@
T7QQ AADF_RVX[[ RACX_NLQ_^NXED_IJ 3[YVSO[G@S_]]]\SVQYIAXTHAR^UCZ[O[BNK[VE=EQNYVOAR^UCWOA]QVENL\JWZUN_IDAJ^O	&
ACYCZFWBYOVWJCBGFJ^O]@^@UQAY@T_NSL^PAN
,XF@\BY@UQAYM@Q@@TKJ@@ED^L_V^SLOJN <QVDRXQDOSXIF[BXJHOJY\GKOAKNIUINLAVJWUZVQ
H,	RV]ENOA KNIX]@ERY@@QQDBHX[G[NMA,@T W^Z[NXBIFDXUVO^NMLSSQUN^SXWKJ]@@JKG;UCRQTUN^SXZE\NXN_QUQN^SM\NZ@AAY[=QERX\TMK_IXBVRQJ]A@NKAYVI\A@S\]QU@@BQQKXJ / AYH^D@S\]\ANKQI_QF@[GT[[UTZ[VN^8	NXOCE\_VUXWE\\FUA
Q[VF\APBZOV[B_Q QNQ\VO(

NI]CUBZOVVVQZI@DF	RVZ@@OAOTCNKLQ3QI^ELXHXANVDHZOA]QVBNLQ2 IBF_HXANVFIOA
NIZIRE^U]@@QT7OJY\AAROA]QVDR^KJ^@@FC[_VVXWIT@URAY@T_Nj XIBY_VVXWD@NHAYWUNSXXVANTBAQQJQ2NMLSU[K@Q@@T WX\@@AQQCDZHXBNVNAOAHNIUINLQ2 IBFQHXBNVCUA R[VG@S
]^U^VQESQNF3AYVIZK_]@ERX\RK_QQN]TJ_\NE[YZ[UN]SXWKJ	%XVRUHT\NE[YWO[BNKVBOVTB@GEL\F@R	<
[VF\GZZE\NXOCCZQZF@X@\^[[QACUK@S_]QU@@
4]XWA^U[[ QACX_NSLSDOXIESXJRBXRVU &NKW^_]ANKQI^CEDF_RVYGIQOA^QVHZBYOV[B_QP
+NVFKZOA^QVENLVVJWXNXIEL]VOFTZUCA3LRX[TTVQZIAXTKAR^UCVSSK@QC@T_DOSXIJSQ	%[YRPH@QC@TKJ]@@G_IXVRRB[@NAATAYN		1\JWYRLKDGEJ^O]@]@UQAYL\C^]@ERTTNXBIJLDF	3 
AC]@]]@ERY@@BQQ_V XWFT[
UAU[ANISV7@@FC]	KXJKOJY\GHOA
KNIYAR\E_NXCK_IEBVR]BAR&
QV@Q_E_NXN_Q QN\HXNVAA[O[ZKUSX=QQCBP]VO]NMLSSRUN^SX[WZANHQIR	_VUXWIT@U<@TTYANHQI_QYF@Y\N[YU[@_NG[^]O,UQN]TLT@@NHAYPHU_NSLTDO,\ J^K^A@NHAYRI@Q@T^X@@LJBIV/UCVSU@]_NSLRX]]NXAIFDXVVO^NM@[OA]QVHZB	3IE[WVO^NMMOA HNIX]@QER[US_Q]AVRX	(AYL\EUCNL\VJWYRJB_IXAVRQJ]B@NKAYZA@Q@@T_DO,\ J^K^C@NKAYWUN]SXZE	NXLJAQBQWXWN<
NIYATWKJ]@@FC[ _VVXWE\\EUAQ[VJT]@ERTTNXnOJ]_DUA Q[VG@S_]\ANQI]@	DFLTDNV[ 3SX[QQY@@BQQCDYHXBNVBISQO[ANK[VE\NXCK_IU7 NMHPPO[ANKVBYOVVVQIBQPARZUB[YA	.
]]]Z[O_Q QN]TJ\\NE[YVSI^_NPL^PANKQIR	_V2AYRJ__NPLSDOSXIGGJ^LTE@UOZUACQjOVWJEJ]QYF@X@\][[
QACYC\CNLAUJWUZVQZIMPHX	3
[VB_DNLVUJWXNXBIGXJOJZUAOAU@[QV
@
P2XIF[JCDF\RVYGIROA^QVDR^KJ^@@JKGEJ^CU\N <
NKS] KJ^@@G_IRBVRPVONMOZTUNEUI@TNE	%IFD^]BAR]UCVSSH@QC@T WX_@@AQQKXJKOJUT[[& LV[X@@AQQ_VUXWD@NAYU@T@STWERN4XVRQJ[IU@URAYL\C]]@ERX\RH_QQNQ\VO]NM@[OA
3\JW]QO_QQN\HXANVCUA
[VEUHBPX]NXQR+ XWE\[GIOA
HNI_@[BYOVQVQ
H,	RV]DLOA HNI]ANL\JW[RJl.XXHJA+1@,$O8>$f