Innovation in Motion

2020 ANNUAL REPORT Innovation in Motion

MESSAGE TO OUR STAKEHOLDERS DEMONSTRATED RESILIENCY

This past year was like no other. The COVID-19 pandemic Despite the uncertainty unleashed by the COVID-19 reminded us of the things that really matter — the safety pandemic, Aptiv’s portfolio of advanced technologies of those we care about, the criticality of sustaining our that provide both the brain and nervous system of the environment, and the importance of staying connected vehicle enabled us to continue to solve our customers’ even as we are socially distanced. toughest challenges and remain their partner of choice. This resulted in revenue growth that was 10 points In these unprecedented times, I am extremely proud over underlying vehicle production and $18 billion of of our 180,000 employees, who responded by tirelessly new-business bookings, roughly flat with 2019 levels supporting the needs of our customers and of one when adjusted for the current outlook for global vehicle another, allowing Aptiv to deliver strong overall production. performance in an otherwise very challenging year. In addition, our industry-leading cost structure allowed At Aptiv, we have been focused on building a more us to withstand more than a 40 percent year-over-year sustainable business while we accelerate the development reduction in second-quarter revenues and remain EBITDA- and introduction of products that help promote a more breakeven. To further enhance our financial flexibility, sustainable future for the planet. Our strong track record we initiated $150 million of austerity measures, including of revenue growth and new business awards reflects our executive pay reductions, delayed merit increases, the industry-leading portfolio of advanced technologies that suspension of discretionary retirement plan contributions, enable the safer, greener and more connected future of and a global hiring freeze, while continuing to ensure mobility. The democratization of active safety, high-voltage we invested in key growth areas, including high-voltage electrification and vehicle connectivity will reduce traffic electrification, advanced driver-assistance systems accidents, save lives, reduce carbon emissions and save (ADAS) solutions and Smart Vehicle Architecture™. the industry billions in development costs and expensive vehicle repairs. Never has Aptiv’s mission had more As the recovery took hold in the second half of 2020, meaning than it does today. we ended these austerity measures and implemented a cash recognition award program for employees in Safety has always been at the forefront for Aptiv, not response to their commitment and sacrifices during just with regard to our vehicle technologies, but also this challenging time. with how we conduct ourselves in our workplaces and in the communities where we operate. At the start of the FINANCIAL STRENGTH AND FLEXIBILITY FOR COVID-19 pandemic, we immediately implemented world- VALUE CREATION class safety measures to protect our people. We quickly developed and shared our Safe Operations Protocols with Aptiv has long benefited from a strong balance sheet, customers, suppliers and government agencies across which has enabled us to strategically position our portfolio the globe to help ensure that we could all safely and and align our technologies to high-growth safe, green and efficiently restart operations. Our efforts were recognized connected megatrends. As COVID-19 posed significant by customers, suppliers and multiple governments as a uncertainties, we took decisive actions early in 2020 best-in-class approach. to further enhance our liquidity, including suspending our dividend, ceasing the repurchase of our shares and The safety protocols enabled our employees to return reducing capital spending. safely to the workplace as we ramped up global production to meet the rebound of customer schedules. The With liquidity and capital preservation in place, our next incremental safety measures ensured that Aptiv had goal was to ensure that Aptiv emerged from the COVID- no customer disruptions, even as we managed through related economic challenges in a position of strength, able challenges related to labor availability and a tightening to continue to execute on our strategy of outgrowth in key of the global supply chain due to the pandemic. Through technologies. To that end, we raised equity in June, which the experience, we gained meaningful insights that have provided us with the flexibility to achieve those goals while enhanced our ongoing safety programs. At the same time, reducing outstanding debt balances. Aptiv took actions to help prevent the spread of COVID-19 in the communities where we operate, and contributed to Value creation has always been a top priority for our the GlobalGiving Coronavirus Relief Fund, which supports management team, and we continue to fully invest in the heroes treating COVID-19 patients around the world. strategic growth initiatives, including high-voltage electrification, active safety, vehicle connectivity, and WELL-POSITIONED FOR CONTINUED Smart Vehicle Architecture. In early 2021 we unveiled OUTPERFORMANCE the latest results of those investments in our Innovation in Motion virtual event, spotlighting advances that have We believe that our long-term success as a business and further expanded our competitive moat of leading our ability to create value for all stakeholders are strongly mobility solutions. linked to the positive impact we have on our people, our portfolio and our planet. That is why we continue Our investments support the pipeline of new business to reinforce our strong cultural foundation, which is pursuits and new product launches planned for 2021 and underpinned by thinking and acting like owners — and beyond that will position us to continue our track record always doing the right thing, the right way. of outperformance. Even as our employees helped to keep each other safe CORPORATE SOCIAL RESPONSIBILITY in 2020, they never stopped innovating, and they never stopped delivering for our customers. As a result, our To deliver on our mission, we fully embrace our corporate portfolio of safe, green and connected technologies social responsibility. We recognize that diversity and continues to address our customers’ greatest challenges. inclusion in our workforce strengthens our management team and results in improved performance. At Aptiv, We continue to build a more resilient business model, diversity starts at the top. More than 40 percent of our one that yields increased revenue growth and more board of director nominees are diverse in gender, race sustainable earnings and cash flows, positioning Aptiv to or ethnicity. Half of our workforce consists of women, outperform in any environment. Our stock performance and women hold almost one-quarter of our management underscores the significant progress we have made. After roles, higher than the average among most tech and a strong recovery from the marketwide sell-off in March, industrial companies. Our operating presence in 44 Aptiv closed 2020 up 37.5 percent year-over-year – countries translates into a global mindset and a culture compared to our auto peers up 28 percent, industrial of diversity across the company that serves us well. peers up 21 percent, and the S&P 500 up 16 percent.

In 2019, we began a multiyear, enterprise-wide cultural In 2021, the world faces a new set of challenges. We are transformation initiative to further increase diversity closely monitoring the rollout of new COVID-19 vaccines across the organization. In 2020, those efforts expanded and treatments, as well as the potential for a resurgence to organizational surveys, leadership training, employee of infections and ongoing disruptions in the supply chain. workshops, mentorship programs and new compensation Whatever the year brings, we are confident that Aptiv structures that align with our diversity goals. can navigate the road ahead. With our world-class talent, diversified revenue stream, leading cost structure, strong Cultural transformation is one piece of our broader balance sheet and track record of smart capital allocation, commitment around corporate social responsibility we are well positioned to move the industry forward. With and is detailed in our 2020 Sustainability Report, a portfolio of technologies that includes both the brain published in September. In that report, we establish and the nervous system of the vehicle, Aptiv has a unique our commitments for 2025 across four foundational opportunity to bring to life the electrified and software- pillars — People, Product, Planet and Platform — based defined vehicles of the future. on our sustainability strategy that is aligned with the reporting frameworks of the Global Reporting Initiative Thank you for your continued trust and confidence in Aptiv. and the Sustainability Accounting Standards Board, along with a materiality analysis that identifies what is most important to our company and our stakeholders. Kevin P. Clark President and Chief Executive Officer Aptiv is taking on some of society’s most difficult challenges with innovations that dramatically reduce or eliminate CO2 emissions in our products and across our global operations. We have set and exceeded prior environmental targets, reducing our CO2 emissions by 41 percent through the end of 2020. Going forward we have aggressively established new emission-reduction targets aligned with the Paris Agreement, and committed to the Science Based Targets initiative (SBTi). The world needs them, and we know the employees at Aptiv can deliver them. *#)())( (*')(#-#$""(($# ,/A67<5B=< $'" ((/&, *),.*/,-/(..)- .#)(),8) ." - /,#.# - 2"(! .) =@B6347A1/:G3/@3<232313;03@ ), .,(-#.#)(, *),.*/,-/(..)- .#)(),8) ." - /,#.# - 2"(! .) CFH<9HF5BG=H=CBD9F=C8:FCA HC CAA=GG=CB:=@9BIA69F %)+%! L57HB5A9C:F9;=GHF5BH5GGD97=:=98=B=HG7<5FH9F 3@A3G -H5H9CFCH<9F>IF=G8=7H=CBC: # , - AD@CM9F =B7CFDCF5H=CBCFCF;5B=N5H=CB #89BH=:=75H=CB(C /<=D3@&C/G @/<2/97HHCGI7<:=@=B; F9EI=F9A9BHG:CFH<9D5GH85MG 39G (C #B8=75H96M7<97?A5F?K<9H<9FH<9F9;=GHF5BH<5GGI6A=HH989@97HFCB=75@@M9J9FM#BH9F57H=J95H5 =@9F9EI=F98HC69GI6A=HH98DIFGI5BHHC,I@9C: ,9;I@5H=CB- .P C:H<=G7<5DH9F8IF=B;H<9DF9798=B;ACBH

%/53 %/@B #H9A IG=B9GG -IDD@9A9BH5FM L97IH=J9)::=79FGC:H<9,9;=GHF5BH #H9A #H9A ,=G? 57HCFG #H9A /BF9GC@J98-H5::CAA9BHG #H9A *FCD9FH=9G #H9A &9;5@*FC7998=B;G #H9A '=B9-5:9HM=G7@CGIF9G

%/@B #H9A '5F?9H:CF,9;=GHF5BHXGCAACB EI=HM ,9@5H98-HC7?

%/@B #H9A =F97HCFG L97IH=J9)::=79FG5B8CFDCF5H9!CJ9FB5B79 #H9A L97IH=J9CAD9BG5H=CB #H9A -97IF=HM)KB9FG<=DC:9FH5=B9B9:=7=5@)KB9FG5B8'5B5;9A9BH5B8,9@5H98-HC7?

%/@B+ #H9A L<=6=HG =B5B7=5@-H5H9A9BH-7<98I@9G

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

%') )" *(#(( UDH=J VH<9UCAD5BM VUK9 VUIGV5B8UCIFVF9:9FHCDH=J*& 5DI6@=7@=A=H987CAD5BM:CFA98IB89FH<9@5KGC: $9FG9MCB'5M 5G9@D<=IHCACH=J9*& K<=7<7CAD@9H985B=B=H=5@DI6@=7C::9F=B;CB(CJ9A69F )B 979A69F H<9CAD5BM7CAD@9H98H<9G9D5F5H=CBH<9U-9D5F5H=CBVC:=HG:CFA9F*CK9FHF5=B-MGH9AGG9;A9BH6M 8=GHF=6IH=B;HCDH=JG<5F9CFA5BI:57HIF=B;:57=@=H=9G5B8A5>CF H97CFA5BI:57HIF=B;65G95B8GHFCB;7IGHCA9FF9@5H=CBG<=DG

,30A7B3113AAB==;>/=@BA DH=JXGK96G=H9588F9GG=G5DH=J 7CA )IFBBI5@,9DCFHGCB CFA % +I5FH9F@M,9DCFHGCB CFA + IFF9BH ,9DCFHGCB CFA %5B85A9B8A9BHGHCH

$C@=;>/

GC:HK5F95B85IHCBCACIG8F=J=B;H97

$C@<2CAB@G .<95IHCACH=J9H97IGH5HDFCH97H=B;J9<=7@9C77ID5BHGK<9B 57F5G

2%%..<9G97CB8A9;5 HF9B8 U!F99B VF9DF9G9BHGH9797HHCF9EI=F9A9BHG:CF9J9B;F95H9F F98I7H=CBG=B75F6CB8=CL=89U)V9A=GG=CBGCJ9FH<9B9LHH9BM95FG .<9G9GH5B85F8GK=@@F9EI=F9A95B=B;:I@ =BBCJ5H=CB5G) 'G5B8GIDD@=9FG5F97<5@@9B;98HC:=B8K5MGHC=ADFCJ99B;=B9A5B5;9A9BH 9@97HF=75@DCK9F 7CBGIADH=CB J9<=7@9K9=;

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

%@=2C1BA )IFCF;5B=N5H=CB5@GHFI7HIF95B8A5B5;9A9BHF9DCFH=B;GIDDCFHH<9A5B5;9A9BHC:H<9G97CF9DFC8I7H@=B9G )'.!,!.$/7%2/,54)/.3 .<=GG9;A9BHDFCJ=89G7CAD@9H989G=;B A5BI:57HIF95B85GG9A6@MC:H<9J9<=7@9XG 9@97HF=75@5F7<=H97HIF9 =B7@I8=B;7CBB97HCFG K=F=B;5GG9A6@=9G5B8<5FB9GG9G 756@9A5B5;9A9BH 9@97HF=75@79BH9FG5B8

9@97HFCB=77CBHFC@IB=HG AI@H= 8CA5=B7CBHFC@@9FG J9<=7@97CBB97H=J=HMGMGH9AG 5DD@=75H=CBGC:HK5F95B85IHCBCACIG8F=J=B; H97

=;>3B7B7=< @H

(35;33B7B=@A -=;B5@5B8*CK9F-C@IH=CBG QAD<9BC@CFDCF5H=CB QF59L@A5=9FIHCACH=J9 Q&95FCFDCF5H=CB Q&9CB=! Q'C@9L#B7 5GI6G=8=5FMC:%C7<#B8IGHF=9G #B7 Q-IA=HCACCFDCF5H=CB Q. CBB97H=J=HM &H8 Q35N5?=CFDCF5H=CB 8J5B798-5:9HM5B8/G9F LD9F=9B79 QCG7

 CAB=;3@A 19G9@@CIFDFC8I7HG5B8G9FJ=79GHCH<9A5>CF;@C65@) 'G=B9J9FMF9;=CBC:H<9KCF@8 .<9:C@@CK=B;H56@9DFCJ=89G H<9D9F79BH5;9C:B9HG5@9GHCCIF@5F;9GH7IGHCA9FG:CFH<9M95F9B898979A69F 

CAB=;3@ %3@13

(C>>:G'3:/B7=AE7B6$C@CAB=;3@A 19HMD=75@@MGIDD@MDFC8I7HGHCCIF) '7IGHCA9FGH97HHC58>IGHA9BHGIB89F79FH5=B7=F7IAGH5B79G GI7<5G7CAAC8=HMCF:CF9=;B9L7<5B;99G75@5H=CB89 9G75@5H=CB7@5IG9GCF :CF7CGHF98I7H=CBG57<=9J986MIG .<9H9FAG5B87CB8=H=CBGHMD=75@@MDFCJ=89H<5HK95F9GI6>97HHC5K5FF5BHMCBH<9DFC8I7HG GIDD@=98=BACGH75G9G H<98IF5H=CBC:GI7

"/B3@7/:A 19DFC7IF9CIFF5KA5H9F=5@G:FCA5J5F=9HMC:GIDD@=9FG5FCIB8H<9KCF@8 !9B9F5@@M K9G99?HCC6H5=BA5H9F=5@G=BH<9 F9;=CB=BK<=7

CAAC8=HM7CGHJC@5H=@=HM ACGHBCH56@MF9@5H98HC7CDD9F D9HFC@9IA 65G98F9G=BDFC8I7HG5B8:I9@ =G57<5@@9B;9:CFIG 5B8CIF=B8IGHFM 195F97CBH=BI5@@MG99?=B;HCA5B5;9H<9G95B8CH<9FA5H9F=5@ F9@5H987CGHDF9GGIF9GIG=B;57CA6=B5H=CBC: GHF5H9;=9G =B7@I8=B;KCF?=B;K=H

(3/A=

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

%!,4(!.$!&%49 IFH<9FACF9 K9DF=CF=H=N9H<9<95@H<5B8G5:9HMC:5@@CIF9AD@CM99G 19FCIH=B9@M5GG9GGC77ID5H=CB5@<95@H<5B8G5:9HM F=G?G =B7@I8=B;=BH9FB5@5I8=HG:CF5@@A5BI:57HIF=B;G=H9G 5GG9GG=B; 5ACB;CH<9FH<=B;G @CGHKCF?85M75G9F5H9G G5:9HM =B7=89BHF5H9G G5:9HM<56=HGHF5=B=B;5B8BIA69FC:HF5=B=B;

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

'F -<9F6=B>C=B98 989F5@ 'C;I@CFDCF5H=CB=B5B8K5GB5A98G9B=CFJ=79DF9G=89BH ;9B9F5@7CIBG9@ G97F9H5FM 5B87<=9:7CAD@=5B79C::=79F=B (90@($90*2,;; =GG9B=CFJ=79DF9G=89BH5B87<=9:C=B98DH=J:FCA5B5#B7CFDCF5H98 K<9F9G<9K5GACGHF979BH@MG9B=CFJ=79DF9G=89BHC:

 )" '( )$'( -9H:CFH<69@CK5F979FH5=BF=G?G5B8IB79FH5=BH=9GH<5H7CI@858J9FG9@M5::97HCIFF9GI@HGC:CD9F5H=CBGCF:=B5B7=5@ 7CB8=H=CB5B875IG9CIF57HI5@F9GI@HGHC8=::9FA5H9F=5@@M:FCAH

'7A9A'3:/B32B=CA7<3AAIGH =B H=A9V65G=G=BCF89FHCA5=BH5=B@CK=BJ9BHCFM@9J9@G )IF GIDD@=9FG5@GCIG95G=A=@5FA9HIGH =B H=A9VA9H

J5@=85H9H<9DFC8I7HG J9BK<9F9DFC8I7HG5F9F958MHC69G<=DD98 CF<5J9699BG<=DD98 89@5MGA5M5F=G969:CF9H<9MF957< CIF7IGHCA9F )IF7IGHCA9FGA5M<5@HCF89@5MH<9=FDFC8I7H=CB:CFH<9G5A9F95GCB=:CB9C:H<9=FCH<9FGIDD@=9FG:5=@GHC 89@=J9FB979GG5FM7CADCB9BHG .<=GA5M75IG9CIF7IGHCA9FG =BHIFBHCGIGD9B8H<9=FCF89FG CF=BGHFI7HIGHCGIGD9B889@=J9FM C:CIFDFC8I7HG K<=7

$2/0).4(%-!2+%43(!2%!.$#(!.'%3).02/$5#4-)8/&&%2%$"9/52#534/-%23#!.)-0!#4/522%6%.5%3 195F989D9B89BHCBH<97CBH=BI98;FCKH< J=56=@=HM5B8:=B5B7=5@GH56=@=HMC:CIF7IGHCA9FG )IF7IGHCA9FG;9B9F5@@M5F9 ) 'G=BH<95IHCACH=J9=B8IGHFM .<=G=B8IGHFM=GGI6>97HHCF5D=8H97CFJ9<=7@96F5B8GDF9J=CIG@MA5F?9H98IB89FH<9G9D5F5H97CAD5B=9G K<=7

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

DFC8I7HG:FCAIG .<97CBHF57HGK9<5J99BH9F98=BHCK=HCF7IGHCA9FGCFH<9 56=@=HMC:5A5BI:57HIF9FHCF9 GCIF795B88=G7CBH=BI9DIF7<5G=B;:FCAIG :CF5D5FH=7I@5FAC89@CF;FCIDC:AC89@G 7CI@8 <5J95A5H9F=5@58J9FG99::97HCBIG .CH<99LH9BHH<5HK98CBCHA5=BH5=BCIF9L=GH=B;@9J9@C:6IG=B9GGK=H

19F9@MCBH<=F8 D5FHMGIDD@=9FG:CFH<97CADCB9BHGIG98=BCIFDFC8I7HG 5B8K9F9@MCBH<=F8 D5FHMA5BI:57HIF9FGHC A5BI:57HIF979FH5=BC:CIF5GG9A6@=9G5B8:=B=G<98DFC8I7HG )IFF9GI@HGC:CD9F5H=CBG :=B5B7=5@7CB8=H=CB5B875G<:@CKG7CI@8 6958J9FG9@M5::97H98=:CIFH<=F8 D5FHMGIDD@=9FG@57?GI::=7=9BHEI5@=HM7CBHFC@CF=:H<9F95F9G=;B=:=75BH7<5B;9G=BH<9=F :=B5B7=5@CF6IG=B9GG7CB8=H=CB #:CIFH<=F8 D5FHMA5BI:57HIF9FG:5=@HC89@=J9FDFC8I7HG D5FHG5B87CADCB9BHGC:GI::=7=9BH EI5@=HMCBH=A95B85HF95GCB56@9DF=79G K97CI@8<5J98=::=7I@H=9G:I@:=@@=B;CIFCF89FG G5@9G5B8DFC:=HG7CI@8897@=B9 5B8CIF 7CAA9F7=5@F9DIH5H=CB7CI@86985A5;98 FCAH=A9HCH=A9 K9<5J9IB89FIH=@=N98CIFA5BI:57HIF=B;@=B9G .<=G9L79GG75D57=HMA95BGK9=B7IF=B7F95G98:=L98 7CGHG=BCIFDFC8I7HGF9@5H=J9HCH<9B9HF9J9BI9K9;9B9F5H9 K<=7<7CI@8<5J95B58J9FG99::97HCBCIFF9GI@HGC:CD9F5H=CBG D5FH=7I@5F@M8IF=B;97CBCA=78CKBHIFBG #:K95F9IB56@9HC=ADFCJ9IH=@=N5H=CB@9J9@G:CFH<9G9A5BI:57HIF=B;@=B9G5B8 7CFF97H@MA5B5;975D57=HM H<9=B7F95G989LD9BG9@9J9@GK=@@<5J95B58J9FG99::97HCBCIF6IG=B9GG :=B5B7=5@7CB8=H=CB5B8 F9GI@HGC:CD9F5H=CBG #B588=H=CB GCA9C:CIFA5BI:57HIF=B;@=B9G5F9@C75H98=B<=B5CFCH<9F:CF9=;B7CIBHF=9GH<5H5F9 GI6>97HHC5BIA69FC:588=H=CB5@F=G?G5B8IB79FH5=BH=9G =B7@I8=B;=B7F95G=B;@56CF7CGHG K<=797HHC5B=B<9F9BH89;F99C: IB79FH5=BHM5B8JC@5H=@=HM =B7@I8=B;;CJ9FBA9BH5@F9;I@5H=CB #B588=H=CBHCH<989:=B9869B9:=HD9BG=CBD@5BG K9<5J9 F9H=F9A9BHC6@=;5H=CBG8F=J9B6MF9EI=F9A9BHG=BA5BMC:H<97CIBHF=9G=BK<=797H98CD9F5H=CB5@5B8A5F?9HF9EI=F9A9BHG <5F;9GF9@5H98HCH<9G957H=CBGCF5BM:IFH<9F F9GHFI7HIF=B;57H=CBGA5M<5J95A5H9F=5@58J9FG99::97HCBCIFF9GI@HGC:CD9F5H=CBG5B8:=B5B7=5@7CB8=H=CB 1975BBCH9BGIF9 H<5H5BM7IFF9BHCF:IHIF9F9GHFI7HIF=B;57H=CBGK=@@697CAD@9H985GD@5BB98CF57<=9J9H<989G=F98F9GI@HG 88=H=CB5@@M :FCAH=A9HCH=A9 K9<5J9F97CF8985GG9H=AD5=FA9BH@CGG9GF9@5H=B;HCGD97=:=7D@5BHG5B8CD9F5H=CBG !9B9F5@@M K9F97CF85GG9H=AD5=FA9BH@CGG9GK<9BK989H9FA=B9H<5HCIF9GH=A5H9GC:H<9:IHIF9IB8=G7CIBH9875G<:@CKG:FCA 5BCD9F5H=CBK=@@BCH69GI::=7=9BHHCF97CJ9FH<975FFM=B;J5@I9C:H<5H:57=@=HMXG6I=@8=B; :=L985GG9HG5B8DFC8I7H=CBHCC@=B; CF;CC8K=@@ K9D9F:CFA5EI5@=H5H=J95GG9GGA9BHC:K<9H<9F=H=GACF9@=?9@MH<5BBCHH<5H5F9DCFH=B;IB=HXGJ5@I9=G@9GGH<5B =HG75FFM=B;5ACIBH #:H<9EI5@=H5H=J95GG9GGA9BH=GBCHA9H H<9CAD5BMH<9BD9F:CFAG5EI5BH=H5H=J95GG9GGA9BH6M 7CAD5F=B;H<99GH=A5H98:5=FJ5@I9C:957

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

 CH<9F7CIBHF=9G=BK<=797HHC7CAD@=5B79K=H97HHC 89@5MG5B8F9GHF=7H=CBGK<=7

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

'7A9A'3:/B32B=!35/:'35C:/B=@G)/F/<211=CIFM5B8CFDFCD9FHM 85A5;9 .<9:56F=75H=CBC:H<9DFC8I7HGK9A5BI:57HIF9=G57CAD@9L5B8DF97=G9DFC79GG )IF7IGHCA9FGGD97=:MEI5@=HM D9F:CFA5B795B8F9@=56=@=HMGH5B85F8G #::@5KG=B9=H<9FH<989G=;BCFA5BI:57HIF9C:CIFDFC8I7HGK9F9HCC77IF K97CI@8 9LD9F=9B795F5H9C::5=@IF9=BCIFDFC8I7HGH<5H7CI@8F9GI@H=BG=;B=:=75BH89@5MG=BG<=DA9BH5B8DFC8I7HF9 KCF?CF F9D@579A9BH7CGHG @H

5@@C:K<=7<7CI@8B9;5H=J9@M5::97HCIF:=B5B7=5@7CB8=H=CB5B8F9GI@HGC:CD9F5H=CBG #:5BMC:CIFDFC8I7HG5F9CF5F95@@9;98HC6989:97H=J9 K9A5M69F9EI=F98HCD5FH=7=D5H9=B5F975@@=BJC@J=B;GI7< DFC8I7HG 57IGHH<9AK<9B5DDFCDF=5H9 "CK9J9F H<9:=B5@5ACIBHG89H9FA=B98HC698I9F9@5H98 HCH<9G9A5HH9FG7CI@88=::9FA5H9F=5@@M:FCACIFF97CF8989GH=A5H9G #B588=H=CB 5GK958CDHB9KH9797HHCJ5F=CIG/ - :989F5@ GH5H95B8@C75@ 5B8BCB / - @5KG5B8F9;I@5H=CBG =B7@I8=B;H97HHCF9;I@5H=CB;CJ9FB=B; 5ACB;CH<9FH<=B;G Q H<9;9B9F5H=CB GHCF5;9 <5B8@=B; IG9 HF5BGDCFH5H=CB DF9G9B79C: CF9LDCGIF9HC<5N5F8CIGA5H9F=5@G Q H<99A=GG=CB5B88=G7<5F;9C:<5N5F8CIGA5H9F=5@G=BHCH<9;FCIB8 5=FCFK5H9F Q H<9=B7CFDCF5H=CBC:79FH5=B7<9A=75@GI6GH5B79G=BHCCIFDFC8I7HG =B7@I8=B;9@97HFCB=79EI=DA9BH5B8 Q H<9<95@H<5B8G5:9HMC:CIF9AD@CM99G 195F95@GCF9EI=F98HCC6H5=BD9FA=HG:FCA;CJ9FBA9BH5@5IHIFM5F=G=B;CIHC:GI7<7CBH5A=B5H=CB -CA9C:H<9G99BJ=FCBA9BH5@@5KGA5M5@GC5GG9GG @=56=@=HMCBD9FGCBGK

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

)" *#'($!+()$""#)( 19<5J9BCIBF9GC@J98- GH5::7CAA9BHGHCF9DCFH

)" %'$%')( GC:979A69F K9CKB98CF@95G98A5>CFA5BI:57HIF=B;G=H9G5B8A5>CFH97C=BHJ9BHIF9G5B8CH<9F=BJ9GHA9BHGGHF5H9;=75@@M@C75H98 HCF A5BI:57HIF=B;G=H9G6MH<9CD9F5H=B;G9;A9BHH<5HIG9GGI7<:57=@=H=9G

C@=>3 "722:3/AB #=@B6;3@71/ 4@71/ A7/%/17471 (=CB6;3@71/ )=B/: -=;B5@5B8*CK9F-C@IH=CBG 8J5B798-5:9HM5B8/G9F LD9F=9B79 T .CH5@ 

#B588=H=CBHCH<9G9A5BI:57HIF=B;G=H9G K9<58A5>CFH97CFA5BI:57HIF=B;G=H9G5B8A5>CFH97

)" !!%'$#( 195F9:FCAH=A9HCH=A9GI6>97HHCJ5F=CIG57H=CBG 7@5=AG GI=HG ;CJ9FBA9BH=BJ9GH=;5H=CBG 5B8CH<9FDFC7998=B;G =B7=89BH5@HCCIF6IG=B9GG =B7@I8=B;HIFM7@5=AG5B89AD@CMA9BH F9@5H98A5HH9FG #H=GCIFCD=B=CBH<5H H<9CIH7CA9C:GI7

@/H7:"/BB3@A DH=J7CB8I7HG6IG=B9GGCD9F5H=CBG=BF5N=@H<5H5F9GI6>97HHCH<9F5N=@=5B:989F5@@56CF GC7=5@G97IF=HM 9BJ=FCBA9BH5@ H5L5B87IGHCAG@5KG 5GK9@@5G5J5F=9HMC:GH5H95B8@C75@@5KG 1<=@9DH=J69@=9J9G=H7CAD@=9GK=H97HHCJ5FM=B;=BH9FDF9H5H=CBG 5B8H<9CAD5BM=GC:H9B9B;5;98=B@=H=;5H=CBK=H<;CJ9FBA9BH5;9B7=9GF9;5F8=B; H<95DD@=75H=CBC:H<9G9@5KGHCD5FH=7I@5F7=F7IAGH5B79G GC:979A69F H<9A5>CF=HMC:7@5=AG5GG9FH985;5=BGH

 DH=J=BF5N=@F9@5H9HCGI7<@=H=;5H=CB .<9F9A5=B=B;7@5=AG=BF5N=@F9@5H9HC7CAA9F7=5@5B8@56CF@=H=;5H=CBK=H

)" "#().(!$(*'( (CH5DD@=756@9

%') )" "' )$''()'#)I($""$#&*).'!)()$ $!'"))'(# ((*'%*'(($&*).(*')( )IFCF8=B5FMG<5F9G<5J9699BDI6@=7@MHF5898G=B79(CJ9A69F K<9BCIFCF8=B5FMG<5F9GK9F9@=GH985B869;5B HF58=B;CBH<9(9K3CF?-HC7? L7<5B;9U(3- VIB89FH<9GMA6C@U&*" V)B979A69F :C@@CK=B;H<9GD=B C:: C:9@D<=.97IGH98HCF9:@97HH<9 -9D5F5H=CB "=GHCF=75@D9F:CFA5B79A5MBCH69=B8=75H=J9C::IHIF9G<5F9

(B=19%3@4=@;/<13@/>6

$"%'($#$+.'*"*!)+)$)!')*'#

 

DH=J*& -* IHCACH=J9*99F!FCID

=BJ9GH98CB979A69F =BCIFGHC7?CF=BH<9F9@9J5BH=B89L =B7@I8=B;F9=BJ9GHA9BHC:8=J=89B8G =G75@M95F9B898979A69F DH=J*& 58>IGH98:CFH<98=GHF=6IH=CBC:9@D<=.97

313;03@ 313;03@ 313;03@ 313;03@ 313;03@ 313;03@ =;>/

 ?C7BG=;>3

#C;03@=4(31C@7B73A '3;/7<7<5D/7:/0:34=@ #C;03@=4(31C@7B73AB=03 ,3756B32D3@/53F3@17A3 CBC@3AAC/<13*<23@ AAC32*>=<F3@17A3=4 %@713=4$CBAB/<27<5 ?C7BG=;>3 B7=B7=

#B7@I89G5 CIHGH5B8=B;F9GHF=7H98GHC7?IB=HG;F5BH98HCCIFC5F8C:=F97HCFG5B86 CIHGH5B8=B;H=A9 5B8D9F:CFA5B79 65G98 F9GHF=7H98GHC7?IB=HG;F5BH98HCCIF9AD@CM99G @@;F5BHGK9F9A589IB89FH<9DH=J*&&CB;.9FA#B79BH=J9*@5B 5G5A9B8985B8F9GH5H98 9::97H=J9DF=@ H<9U*&&.#*V #B7@I89G577FI988=J=89B89EI=J5@9BHG .<9F9GHF=7H98GHC7?IB=HG<5J9BC9L9F7=G9DF=79 ,9A5=B=B;G<5F9G5J5=@56@9IB89FH<9*&&.#*

'3>C@16/A3=4?C7BG(31C@7B73A .<9F9K9F9BCF9DIF7<5G9GC:9EI=HMG97IF=H=9G8IF=B;H<9EI5FH9F9B898979A69F #B$5BI5FM H<9C5F8C: =F97HCFG5IH

)" (!)##!) .<9:C@@CK=B;G9@97H987CBGC@=85H98:=B5B7=5@85H5K9F989F=J98:FCACIF5I8=H987CBGC@=85H98:=B5B7=5@GH5H9A9BHG5B8 GIB7H=CBK=H< 5B85F9EI5@=:=986MF9:9F9B79HC #H9A '5B5;9A9BHXG=G7IGG=CB5B8B5@MG=GC: =B5B7=5@ CB8=H=CB5B8,9GI@HGC:)D9F5H=CBG5B8H<95I8=H987CBGC@=85H98:=B5B7=5@GH5H9A9BHG5B8BCH9GH<9F9HC=B7@I8989@G9K<9F9=BH<=G BBI5@,9DCFH .<9:=B5B7=5@=B:CFA5H=CBDF9G9BH98A5MBCH69=B8=75H=J9C:CIF:IHIF9D9F:CFA5B79 .<95GG9HG5B8@=56=@=H=9G5B8CD9F5H=B;F9GI@HG:CFH<9DF9J=CIG@MF9DCFH98*CK9FHF5=B-MGH9AG5B8.<9FA5@-MGH9AG G9;A9BHG<5J9699BF97@5GG=:=985G8=G7CBH=BI98CD9F5H=CBGG9D5F5H9:FCAH<9CAD5BMXG7CBH=BI=B;CD9F5H=CBG:CF5@@D9F=C8G DF9G9BH98

 .3/@<232313;03@ 2=::/@A/<2A6/@3A7<;7::7=B>3@A6/@32/B/ (B/B3;33@/B7=

#3B7<1=;3>3@A6/@32/B/ 5G=7B9H=B7CA9D9FG<5F9 CBH=BI=B;CD9F5H=CBG =G7CBH=BI98CD9F5H=CBG T T T 5G=7B9H=B7CA9D9FG<5F95HHF=6IH56@9HCCF8=B5FMG<5F9

$B63@47IGH98CD9F5H=B;=B7CA9 8>IGH98CD9F5H=B;=B7CA9A5F;=B (9H75G

A=4313;03@ 7<;7::7=B3;>:=G332/B/ /:/<13A633B/<23;>:=G;3

#B7@I89G@CB; @=J985B8=BH5B;=6@95GG9H=AD5=FA9BHG .<9M95F9B898979A69F =B7@I89G5DF9 H5L;5=BC: 6=@@=CB:CFH<97CAD@9H=CBC:H<9'CH=CB5@5IHCBCACIG8F=J=B;>C=BHJ9BHIF9 5G :IFH<9F8=G7IGG98=B(CH9 "9@8:CF-5@9HCH<95I8=H987CBGC@=85H98:=B5B7=5@GH5H9A9BHG7CBH5=B98<9F9=B 8>IGH98)D9F5H=B;#B7CA9F9DF9G9BHGB9H=B7CA969:CF9=BH9F9GH9LD9BG9 CH<9F=B7CA99LD9BG9 B9H =B7CA9H5L9LD9BG9 9EI=HM=B7CA9@CGG B9HC: H5L =B7CA9@CGG:FCA8=G7CBH=BI98CD9F5H=CBG B9HC:H5L F9GHFI7HIF=B; CH<9F57EI=G=H=CB5B8DCFH:C@=CDFC>97H7CGHGK<=7<=B7@I89G7CGHG=B7IFF98HC =BH9;F5H957EI=F986IG=B9GG9G5B8HCD@5B5B89L97IH9DFC8I7HDCFH:C@=CHF5BG:CFA5H=CB57H=CBG =B7@I8=B;6IG=B9GG5B8DFC8I7H57EI=G=H=CBG5B8 8=J9GH=HIF9G 5GG9H=AD5=FA9BHG ;5=BG@CGG9GCB6IG=B9GG8=J9GH=HIF9G5B8CH<9FHF5BG57H=CBG5B889:9FF987CAD9BG5H=CBF9@5H98HC57EI=G=H=CBG 8>IGH98)D9F5H=B;#B7CA9=GDF9G9BH985G5GIDD@9A9BH5@A95GIF9C:H<9CAD5BMXG:=B5B7=5@D9F:CFA5B79K<=7IGH98)D9F5H=B;#B7CA9=B=HG :=B5B7=5@897=G=CBA5?=B;DFC79GG HC9J5@I5H9D9F:CFA5B79C:H<9CAD5BM5B8:CF=BH9FB5@F9DCFH=B; D@5BB=B;5B8:CF975GH=B;DIFDCG9G '5B5;9A9BH 5@GCIH=@=N9G8>IGH98)D9F5H=B;#B7CA95GH<9?9MD9F:CFA5B79A95GIF9C:G9;A9BH=B7CA9CF@CGG5B8:CFD@5BB=B;5B8:CF975GH=B;DIFDCG9GHC 5@@C75H9F9GCIF79GHCCIFG9;A9BHG 5GA5B5;9A9BH5@GC69@=9J9GH<=GA95GIF9=GACGHF9:@97H=J9C:H<9CD9F5H=CB5@DFC:=H56=@=HMCF@CGGC:CIFCD9F5H=B; G9;A9BHG 8>IGH98)D9F5H=B;#B7CA9GIGH98)D9F5H=B;#B7CA9 H<5H=G=B577CF85B79K=HIGH98)D9F5H=B;#B7CA9 5G89H9FA=B985B8A95GIF986MDH=J GIGH98)D9F5H=B;#B7CA9HCCD9F5H=B;=B7CA9=B7@I89GF9GHFI7HIF=B; CH<9F57EI=G=H=CB5B8DCFH:C@=CDFC>97H7CGHGK<=7< =B7@I89G7CGHG=B7IFF98HC=BH9;F5H957EI=F986IG=B9GG9G5B8HCD@5B5B89L97IH9DFC8I7HDCFH:C@=CHF5BG:CFA5H=CB57H=CBG =B7@I8=B;6IG=B9GG5B8DFC8I7H 57EI=G=H=CBG5B88=J9GH=HIF9G 5GG9H=AD5=FA9BHG ;5=BG@CGG9GCB6IG=B9GG8=J9GH=HIF9G5B8CH<9FHF5BG57H=CBG5B889:9FF987CAD9BG5H=CBF9@5H98HC 57EI=G=H=CBG .<9F97CB7=@=5H=CBC:8>IGH98)D9F5H=B;#B7CA9HCB9H=B7CA95HHF=6IH56@9HCH<9CAD5BM=G5G:C@@CKG

.3/@<232313;03@ 7<;7::7=97H7CGHG GG9H=AD5=FA9BHG !5=BCB6IG=B9GG8=J9GH=HIF9G5B8CH<9FHF5BG57H=CBG T T T 9:9FF987CAD9BG5H=CBF9@5H98HC57EI=G=H=CBG T 8>IGH98CD9F5H=B;=B7CA96

5 IF=B;H<9M95F9B898979A69F H<9CAD5BMF97CF8985F9G9FJ9C:A=@@=CB:CF@=H=;5H=CBF9@5H98HC;9B9F5@IBG97IF987@5=AG5;5=BGH H<9:CFA9F9@D<=CFDCF5H=CB 6 )B979A69F K97CAD@9H98H<9G5@9C:CIF'97<5HFCB=7G6IG=B9GG !=J9BH<9H=A=B;C:H<98=J9GH=HIF9 H<9CD9F5H=B;F9GI@HGC:H<=G6IG=B9GG 5F9F9:@97H98=BCIFF9GI@HG5B8=AD57HG7CAD5F56=@=HMHCF9GI@HG

8>IGH98CD9F5H=B;=B7CA9A5F;=B=G89:=B985G58>IGH98CD9F5H=B;=B7CA95G5D9F79BH5;9C:B9HG5@9G #B7@I89G5ACIBHG5HHF=6IH56@9HC8=G7CBH=BI98CD9F5H=CBG .<958CDH=CBC:77CIBH=B;-H5B85F8G/D85H9U-/V ,(:,: F9GI@H98=BH<9F97C;B=H=CBC:CD9F5H=B;@95G9F=;

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

F31CB7D3$D3@D73E 52 53).%33 195F95@958=B;;@C65@H97

[ 9@=J9F=B;GIGH5=B98CIHD9F:CFA5B79 K=H<56CJ9 A5F?9HG5@9G;FCKHIGH98CD9F5H=B;=B7CA95B875G<:@CK :FCACD9F5H=CBGC: 6=@@=CB 89GD=H9H<9D5B89A=7XGB9;5H=J9=AD57HCB5IHCACH=J9DFC8I7H=CB5B8 [ 7<=9J=B; HCH5@G<5F9C=BHJ9BHIF9K=H<"MIB85= K<=7<=G:C7IG98CBH<989G=;B 89J9@CDA9BH5B87CAA9F7=5@=N5H=CBC: 5IHCBCACIG8F=J=B;H97C=BHJ9BHIF9:C7IG98CBH<989G=;B 89J9@CDA9BH5B87CAA9F7=5@=N5H=CBC:5IHCBCACIG8F=J=B; H97C=BHJ9BHIF9CD9F5H9G;@C65@@MIB89FH<9'CH=CB5@6F5B8B5A9 5B86F=B;GHC;9H<9FCB9C:H<9=B8IGHFMXGACGH =BBCJ5H=J9J9<=7@9H97C=BHJ9BHIF969;5BH9GH=B;:I@@M8F=J9F@9GGGMGH9AG=B5B85BH=7=D5H9G=HK=@@<5J95DFC8I7H=CB F958M 5IHCBCACIG8F=J=B;D@5H:CFA5J5=@56@9:CFFC6CH5L=DFCJ=89FG :@99HCD9F5HCFG5B85IHCACH=J9A5BI:57HIF9FGHCH9GH5HDFCHCHMD9 G75@9=B K=H<<=;<9FJC@IA9G5J5=@56@9:CF89D@CMA9BH=B #B588=H=CB 'CH=CB5@=G=BJC@J98=B7C@@56CF5H=J9

5FF5B;9A9BHGK=H0;/;/,90./;*<:;64,9: 19=BH9B8HC69GHF5H9;=7=BCIFDIFGI=HC:B9K6IG=B9GG5B8 7IGHCA9FG=BCF89FHC57<=9J98=G7=D@=B98 56CJ9 A5F?9H;FCKH< 197CB8I7H=B 89DH<5B5@MG=GC:A5F?9HG<5F95B8DFC8I7H HF9B8G6MF9;=CB=BCF89FHCDF=CF=H=N9F9G95F7< 89J9@CDA9BH5B89B;=B99F=B;GD9B8:CFH<97IGHCA9FGH<5HK969@=9J9K=@@69 GI779GG:I@ C@@56CF5H=CBK=H<7IGHCA9FG=BCIFA5>CFH97 19F97C;B=N9H<9=ADCFH5B79C: A5=BH5=B=B;5@95B5B8:@9L=6@97CGHGHFI7HIF9=BCF89FHC89@=J9FGH56@995FB=B;G5B875G<:@CK=B57M7@=75@=B8IGHFM )IF:C7IG =GCBA5L=A=N=B;5B8CDH=A=N=B;A5BI:57HIF=B;CIHDIHHCA99H=B7F95G=B;DFC8I7H=CBF9EI=F9A9BHGK=HIGHA9BHGHCCIF75D=H5@GHFI7HIF9=B@=;97H=J9G;C=B;:CFK5F8 !<9:<05.:,3,*;,+(*8<0:0;065:(5+:;9(;,.0*05=,:;4,5;: #BCF89FHCA5=BH5=BCIFGHFCB;@=EI=8=HMDCG=H=CB=BH<9A=8GHC: H<9IB79FH5=BHM75IG986MH<9)0# D5B89A=7 K97CAD@9H98CB@MCB957EI=G=H=CB=B 19=BH9B8HC7CBH=BI9HC DIFGI9G9@97H98HF5BG57H=CBGH<5H@9J9F5;9CIFH97CFA5BI:57HIF=B;65G9 5B8H<9 GI6G9EI9BHGIGD9BG=CBC:J9<=7@9DFC8I7H=CB6MCIF) '7IGHCA9FG=B(CFH<A9F=755B8 IFCD9 K<=7<7CA6=B98577CIBH98 :CFC:CIFB9HG5@9G:CFH<9M95F9B898979A69F 5GH<9D5B89A=7GDF958HCH

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

9LD9F=9B798 5G9J=89B7986MH<9F98I7H=CB=BJC@IA9G=BH<9F9;=CB8IF=B;H<9M95F9B898979A69F *FC8I7H=CB 897F95G98=B<=B58IF=B; DF=A5F=@M5G5F9GI@HC:H<9)0# D5B89A=7 9GD=H9H<9G9J9<=7@9DFC8I7H=CB897@=B9G 5B8H<9F979BHAC89F5H=CB=BH<9@9J9@C:97CBCA=7;FCKH<=B<=B5 F=G=B;=B7CA9@9J9@G=B<=B55B8CH<9F?9M;FCKH< A5F?9HG5F99LD97H98HCF9GI@H=BGHFCB;9F;FCKHCFA5BI:57HIF=B;65G95B8K9@@ 9GH56@=G<987IGHCA9F F9@5H=CBG<=DG 5797HHC79FH5=BF=G?G=B<9F9BH=B8C=B;6IG=B9GG56FC58 =B7@I8=B;IB9LD97H987<5B;9G=B@5KG CFF9;I@5H=CBG;CJ9FB=B;HF589 CFCH<9FACB9H5FMCFH5L:=G75@DC@=7M7<5B;9G =B7@I8=B;H5F=::G EICH5G 7IGHCAG5B8CH<9F =ADCFHCF9LDCFHF9GHF=7H=CBGCFHF58965FF=9FG 195F95@GCGI6>97HHCF=G?G5GGC7=5H98K=H<57H=CBGH5?9B6M;CJ9FBA9BH5@ 5IH

 #B588=H=CB 9L=GH=B;:F99HF589@5KG5B8F9;I@5H=CBG GI7<5GH<9/B=H98-H5H9G '9L=7C 5B585;F99A9BH DFCJ=89 79FH5=B69B9:=7=5@8IH=9G5B8H5F=::G:CFEI5@=:M=B;=ADCFHG5B89LDCFHG GI6>97HHC7CAD@=5B79K=HCFH97

19A5=BH5=B5@5F;9DCFH:C@=CC:5DDFCL=A5H9@M D5H9BHG5B8DFCH97H=J9F=;IGHCIF7CGH GHFI7HIF95B8CDH=A=N9CIFA5BI:57HIF=B;:CCHDF=BH=BF9GDCBG9HC7<5B;9G=BH<9;@C65@5B8F9;=CB5@5IHCACH=J9A5F?9HG5B8=B CF89FHC=B7F95G9=BJ9GHA9BH=B58J5B798H97CFJ9<=7@96F5B8GDF9J=CIG@MA5F?9H98IB89FH<9G9D5F5H97CAD5B=9G K<=7

=3@/B7=CFF9;=CBG <5G9B56@98IGHC57<=9J9GHFCB;@9J9@GC:CD9F5H=B;=B7CA9 K<=@9 7CBH=BI=B;HCGHF5H9;=75@@M=BJ9GH=BH<9:IHIF9 DH=JHMD=75@@M9LD9F=9B79G:@I7HI5H=CBG=BF9J9BI98I9HC7<5B;9G=B) 'DFC8I7H=CBG7<98I@9G J9<=7@9G5@9GA=L5B8 H<9B9HC:B9K5B8@CGH6IG=B9GGK<=797HHC=B:@5H=CB5FMDF9GGIF9GK=H

 6%2353 .<9F9GI@HGC:CD9F5H=CBG:CFH<9M95FG9B898979A69F 5B8K9F95G:C@@CKG

.3/@<232313;03@ /D=@/0:3 C<4/D=@/0:3 2=::/@A7<;7::7=C=BHJ9BHIF9 T )D9F5H=B;=B7CA9 #BH9F9GH9LD9BG9 T )H<9F=B7CA9 B9H T #B7CA969:CF9=B7CA9H5L9G5B89EI=HM@CGG=B7CA9 #B7CA9H5L9LD9BG9 #B7CA969:CF99EI=HM@CGG=B7CA9 EI=HM@CGG=B7CA9 B9HC:H5L (9H=B7CA9 (9H=B7CA95HHF=6IH56@9HCBCB7CBHFC@@=B;=BH9F9GH (9H=B7CA95HHF=6IH56@9HCDH=J '5B85HCFMCBJ9FH=6@9*F9:9FF98-<5F98=J=89B8G T (9H=B7CA95HHF=6IH56@9HCCF8=B5FMG<5F9

$6;(3 ,;#(3,: 9@CK=G5GIAA5FMC:CIFHCH5@B9HG5@9G:CFH<9M95FG9B898979A69F J9FGIG

.3/@<232313;03@ +/@7/<13C3)= +=:C;3<3B=4 1=@713 >/AA C<4/D=@/0:3 @32C1B7=

 6:;6-#(3,: CGHC:G5@9G=GDF=A5F=@M7CADF=G98C:A5H9F=5@ @56CF A5BI:57HIF=B;CJ9F<958 :F9=;

.3/@<232313;03@ +/@7/<13C3)= /D=@/0:3 $>3@/B7=3@4=@;/<13 $B63@ )=B/: 2=::/@A7<;7::7=C=BHJ9BHIF9K=H<"MIB85==B'5F7< K<=7<=GBCK577CIBH98 :CFIB89FH<99EI=HMA9H

#,3305.,5,9(3(5++4050:;9(;0=,?7,5:,

.3/@<232313;03@ /D=@/0:3 C<4/D=@/0:3 2=::/@A7<;7::7=

-9@@=B; ;9B9F5@5B858A=B=GHF5H=J99LD9BG9U-!V=B7@I89G58A=B=GHF5H=J99LD9BG9G =B:CFA5H=CBH97C=BHJ9BHIF9K=H<"MIB85= K<=7<=GBCK577CIBH98:CFIB89FH<99EI=HMA9H

 469;0A(;065

.3/@<232313;03@ /D=@/0:3 C<4/D=@/0:3 7<;7::7=

ACFH=N5H=CB9LD9BG9F9:@97HGH<9BCB 75G<7<5F;9F9@5H98HC89:=B=H9 @=J98=BH5B;=6@95GG9HG .<9897F95G9=B5ACFH=N5H=CB 8IF=B;H<9M95F9B898979A69F 7CAD5F98HCDF=A5F=@MF9:@97HGA=@@=CBC:=BH5B;=6@95GG9H=AD5=FA9BH 7<5F;9GF97CF8988IF=B;H<9M95F9B898979A69F D5FH=5@@MC::G9H6MH<97CBH=BI985ACFH=N5H=CBC:CIF89:=B=H9 @=J98 =BH5B;=6@95GG9HG K<=7

",:;9<*;<905.

.3/@<232313;03@ /D=@/0:3 C<4/D=@/0:3 2=::/@A7<;7::7=

.<9CAD5BMF97CF8989AD@CM99 F9@5H985B8CH<9FF9GHFI7HIF=B;7<5F;9GHCH5@=B;5DDFCL=A5H9@MA=@@=CB8IF=B;H<9 M95F9B898979A69F C:K<=7<A=@@=CBK5GF97C;B=N98:CFDFC;F5AG=AD@9A9BH98=BH<9(CFH<A9F=75BF9;=CB 5B8A=@@=CBK5GF97C;B=N98:CFDFC;F5AG=AD@9A9BH98=BH<9 IFCD95BF9;=CB .<97<5F;9GF97CF8988IF=B;=B7@I898 H<9F97C;B=H=CBC:5DDFCL=A5H9@MA=@@=CBC:9AD@CM99 F9@5H985B8CH<9F7CGHGF9@5H98HC57H=CBGH5?9B5G5F9GI@HC:H<9 ;@C65@=AD57HGC:H<9)0# D5B89A=7 199LD97HHCA5?975GIGHCIF7CGHGHFI7HIF95B8 CDH=A=N9CIFA5BI:57HIF=B;:CCHDF=BH .<9CAD5BMD@5BGHC=AD@9A9BH588=H=CB5@F9GHFI7HIF=B;57H=J=H=9G=BH<9:IHIF9 =: B979GG5FM =BCF89FHC5@=;BA5BI:57HIF=B;75D57=HM5B8CH<9F7CGHGK=H

 5;,9,:;?7,5:,

.3/@<232313;03@ /D=@/0:3 C<4/D=@/0:3 7<;7::7=

,9:9FHC(CH9 96HHCH<95I8=H987CBGC@=85H98:=B5B7=5@GH5H9A9BHG=B7@I898<9F9=B:CF588=H=CB5@=B:CFA5H=CB

;/,95*64, ,;

.3/@<232313;03@ /D=@/0:3 C<4/D=@/0:3 7<;7::7=

IF=B;H<9M95F9B898979A69F DH=JF97CF898A=@@=CBC:=BH9F9GH=B7CA95B85@CGGCB896HAC8=:=75H=CB C:A=@@=CB =B7CB>IB7H=CBK=H

5*64,$(?,:

.3/@<232313;03@ /D=@/0:3 C<4/D=@/0:3 7<;7::7=

.<9CAD5BMXGH5LF5H9=G5::97H986MH<9:57HH<5H=HGD5F9BH9BH=HM=G5B#F=GIF=G8=7H=CBG=BK<=7IF=G8=7H=CB5B8H<9F9@5H=J9 5ACIBHC:@CGG9GCF=B7CA9:CFK<=7IGHA9BHG 7<5B;9G=BJ5@I5H=CB5@@CK5B79G5B8H<9H5L=AD57HC:79FH5=B=BHF5;FCIDF9CF;5B=N5H=CBGA95BHHCGHF95A@=B95B8G=AD@=:MH<9 CAD5BMXGCD9F5H=B;5B8@9;5@GHFI7HIF9 K<=7C=BHJ9BHIF9 .<9

H5L9LD9BG95GGC7=5H98K=HIF=G8=7H=CB:FCAK<=7IGHA9BHG .<9CAD5BM5@GC577FI98A=@@=CBC:F9G9FJ958>IGHA9BHG:CFIB79FH5=BH5L DCG=H=CBG K<=7<=B7@I898F9G9FJ9G:CFCB;C=B;5I8=HG=B:CF9=;B>IF=G8=7H=CBG 5GK9@@5G:CF7<5B;9G=B9GH=A5H9G65G98CB F9@9J5BHB9KCF588=H=CB5@9J=89B79C6H5=B98F9@5H98HC79FH5=BC:H<9CAD5BMXGH5LDCG=H=CBG =B7@I8=B;H5L5IH

8<0;@5*64,

.3/@<232313;03@ /D=@/0:3 C<4/D=@/0:3 7<;7::7=

EI=HM@CGG=B7CA9 B9HC:H5LF9:@97HGH<9CAD5BMXG=BH9F9GH=BH<9F9GI@HGC:CB;C=B;CD9F5H=CBGC:9BH=H=9G577CIBH98 :CF5G9EI=HMA9HC=BHJ9BHIF9:CFA98=B'5F7<K=H<"MIB85= 5G :IFH<9F89G7F=698=B(CH9 #BJ9GHA9BHG=B::=@=5H9G5B8(CH9 "9@8:CF-5@9HCH<95I8=H987CBGC@=85H98:=B5B7=5@GH5H9A9BHG =B7@I898<9F9=B

'3AC:BA=4$>3@/B7=IGH98)D9F5H=B;#B7CA95GH<9?9MD9F:CFA5B79A95GIF9C:G9;A9BH=B7CA9CF@CGG HC9J5@I5H9G9;A9BHD9F:CFA5B79 5B8:CFD@5BB=B;5B8:CF975GH=B;DIFDCG9GHC5@@C75H9F9GCIF79GHCH<9G9;A9BHG 5G A5B5;9A9BH69@=9J9GH<=GA95GIF9=GACGHF9:@97H=J9C:H<9CD9F5H=CB5@DFC:=H56=@=HMCF@CGGC:CIFCD9F5H=B;G9;A9BHG -9;A9BH 8>IGH98)D9F5H=B;#B7CA9GIGH98)D9F5H=B;#B7CA9H<5H=GDF9D5F98=B577CF85B79K=HIGH98)D9F5H=B;#B7CA9 5G89H9FA=B985B8A95GIF986MDH=J GIGH98)D9F5H=B;#B7CA9HCCD9F5H=B;=B7CA9=B7@I89G 5G5DD@=756@9 F9GHFI7HIF=B; CH<9F 57EI=G=H=CB5B8DCFH:C@=CDFC>97H7CGHGK<=7<=B7@I89G7CGHG=B7IFF98HC=BH9;F5H957EI=F986IG=B9GG9G5B8HCD@5B5B89L97IH9 DFC8I7HDCFH:C@=CHF5BG:CFA5H=CB57H=CBG =B7@I8=B;6IG=B9GG5B8DFC8I7H57EI=G=H=CBG5B88=J9GH=HIF9G 5GG9H=AD5=FA9BHG ;5=BG @CGG9GCB6IG=B9GG8=J9GH=HIF9G5B8CH<9FHF5BG57H=CBG5B889:9FF987CAD9BG5H=CBF9@5H98HC57EI=G=H=CBG .<9F97CB7=@=5H=CBGC: 8>IGH98)D9F5H=B;#B7CA9HCB9H=B7CA95HHF=6IH56@9HCDH=J:CFH<9M95FG9B898979A69F 5B85F95G:C@@CKG

2D/<132 (753@73<13 /<2$B63@ )=B/: 7<;7::7=IGH98CD9F5H=B;=B7CA9 T ,9GHFI7HIF=B; T )H<9F57EI=G=H=CB5B8DCFH:C@=CDFC>97H7CGHG T GG9H=AD5=FA9BHG T 9:9FF987CAD9BG5H=CBF9@5H98HC57EI=G=H=CBG T T !5=BCB6IG=B9GG8=J9GH=HIF9G5B8CH<9FHF5BG57H=CBG T T )D9F5H=B;=B7CA9 T #BH9F9GH9LD9BG9 )H<9F=B7CA9 B9H T #B7CA969:CF9=B7CA9H5L9G5B89EI=HM@CGG #B7CA9H5L9LD9BG9 EI=HM@CGG B9HC:H5L (9H=B7CA9 (9H=B7CA95HHF=6IH56@9HCBCB7CBHFC@@=B;=BH9F9GH (9H=B7CA95HHF=6IH56@9HCDH=J

2D/<132 (753@73<13 /<2$B63@ )=B/: 7<;7::7=IGH98CD9F5H=B;=B7CA9 T ,9GHFI7HIF=B; T )H<9F57EI=G=H=CB5B8DCFH:C@=CDFC>97H7CGHG T GG9H=AD5=FA9BHG T 9:9FF987CAD9BG5H=CBF9@5H98HC57EI=G=H=CBG T T )D9F5H=B;=B7CA9 T #BH9F9GH9LD9BG9 )H<9F=B7CA9 B9H #B7CA969:CF9=B7CA9H5L9G5B89EI=HM=B7CA9 #B7CA9H5L9LD9BG9 EI=HM=B7CA9 B9HC:H5L (9H=B7CA9 (9H=B7CA95HHF=6IH56@9HCBCB7CBHFC@@=B;=BH9F9GH (9H=B7CA95HHF=6IH56@9HCDH=J

 (9HG5@9G ;FCGGA5F;=B5G5D9F79BH5;9C:B9HG5@9G5B88>IGH98)D9F5H=B;#B7CA96MG9;A9BH:CFH<9M95FG9B898 979A69F 5B85F95G:C@@CKG

,;#(3,:)@#,.4,5;

.3/@<232313;03@ +/@7/<13C3)= +=:C;3<3B=4 1=@713 %/AA C<4/D=@/0:3 @32C1B7=

96::(9.05!,9*,5;(.,)@#,.4,5;

.3/@<232313;03@ -=;B5@5B8*CK9F-C@IH=CBG 8J5B798-5:9HM5B8/G9F LD9F=9B79 @=A=B5H=CBG5B8)H<9F T T .CH5@ 

!FCGGA5F;=B5G5D9F79BH5;9C:G5@9G:CFH<9M95F9B898979A69F 5G7CAD5F98HCM95F9B898979A69F 897F95G98DF=A5F=@M8I9HCH<958J9FG9=AD57HGC:H<9)0# D5B89A=7 +1<:;,+ 7,9(;05.5*64,)@#,.4,5;

.3/@<232313;03@ +/@7/<13C3)= +=:C;3<3B=4 1=@713 $>3@/B7=3@4=@;/<13 $B63@ )=B/: 7<;7::7=

GBCH98=BH<9H56@956CJ9 8>IGH98)D9F5H=B;#B7CA9:CFH<9M95F9B898979A69F 5G7CAD5F98HCH<9M95F 9B898979A69F K5G=AD57H986MJC@IA95B87CBHF57HI5@DF=79F98I7H=CBG =B7@I8=B;DFC8I7HA=L5B8H<958J9FG9 =AD57HGC:H<9)0# D5B89A=7 .<958J9FG9=AD57HGHCDH=JC:H<9D5B89A=7 K<=7IGH98)D9F5H=B;#B7CA9K5G5@GC=AD57H986M CD9F5H=CB5@D9F:CFA5B795B8H<9:C@@CK=B;=H9AG=B7@I898K=H<=B)H<9F=BH<9H56@956CJ9 Q 97F95G989LD9BG9C:5DDFCL=A5H9@MA=@@=CB DF=A5F=@M8I9HC897F95G989B;=B99F=B;9LD9BG9G5G5F9GI@HC:H<9 :CFA5H=CBC:H<9'CH=CB5@5IHCBCACIG8F=J=B;>C=BHJ9BHIF9K=H<"MIB85==B'5F7< K<=7<=GBCK577CIBH98 :CFIB89FH<99EI=HMA9H

Q A=@@=CBC:897F95G98-!9LD9BG9 BCH=B7@I8=B;H<9=AD57HC:CH<9F57EI=G=H=CB5B8DCFH:C@=CDFC>97H7CGHG DF=A5F=@M5G5F9GI@HC:897F95G98=B79BH=J97CAD9BG5H=CB7CGHGD5FH=5@@MC::G9H6M Q DDFCL=A5H9@MA=@@=CBC:7CGHGF9@5H98HCGIDD@M7<5=B=B9::=7=9B7=9G DF=A5F=@M8I9HCH<9KCF@8K=89 G9A=7CB8I7HCFA=7FC7<=DG

!7?C727BG/<2/>7B/:'3A=C@13A !.$%-)# I9HCH<9IBDF97989BH98IB79FH5=BHMF9@5H98HCH<9=AD57HH<9)0# D5B89A=7=G<5J=B;CBH<9;@C65@5IHCACH=J9 =B8IGHFM5B897CBCA=9G5FCIB8H<9KCF@8 H<9CAD5BM=B=H=5H985G9F=9GC:DF975IH=CB5FM57H=CBG8IF=B;HC:IFH<9F 9B<5B79=HG@=EI=8=HM5B8:=B5B7=5@:@9L=6=@=HM ACB;H<9G9 H<9CAD5BM<5GH5?9B897=G=J957H=CBGHCA5B5;97CGHG 75D=H5@ GD9B8=B;5B8KCF?=B;75D=H5@HC:IFH<9FGHF9B;H<9B=HG@=EI=8=HM =B7@I8=B;H<9F5AD=B;8CKBC:79FH5=BDFC8I7H=CB:57=@=H=9G=B F9GDCBG9HC7IGHCA9FD@5BH7@CGIF9G5B87<5B;9G=BJ9<=7@9DFC8I7H=CBG7<98I@9G 88=H=CB5@@M 5G:IFH<9F89G7F=69869@CK H<9 CAD5BM=GGI98 6=@@=CB7CA6=B98C:DF9:9FF985B8CF8=B5FMG<5F9G 9LH9B898GI6GH5BH=5@@M5@@C:CIF9L=GH=B;F98=H ;F99A9BHXGA5HIF=HMHCI;IGH 5B8GIGD9B898H<9D5MA9BHC:=HGCF8=B5FMG<5F975G<8=J=89B8HC:IFH<9F=B7F95G975D=H5@ DF9G9FJ5H=CB8IF=B;H<9D5B89A=7 .<958J9FG9=AD57HGC:)0# K<=7

313;03@ 

7<;7::7=

J5=@56=@=HMF98I7986M@9GGH<5BA=@@=CB=B@9HH9FGC:7F98=H=GGI98IB89FH<9F98=H;F99A9BH5GC:979A69F 5G98CB979A69F :CF9=;B7IFF9B7MF5H9G GI6>97HHCH<95J5=@56=@=HMC:9@=;=6@9577CIBHGF979=J56@9 G:IFH<9F89G7F=69869@CK 8IF=B;H<9 M95F9B898979A69F DH=J9BH9F98=BHC5B9K577CIBHGF979=J56@9:57HCF=B;:57=@=HMIB89FK<=7

9GD=H9H<97IFF9BH;@C65@97CBCA=7=AD57HG5B8IB79FH5=BHMF9GI@H=B;:FCAH<9CB;C=B;)0# D5B89A=75B8=HG =AD57HCB;@C65@J9<=7@9DFC8I7H=CB 5G:IFH<9F89G7F=69856CJ9 K97IFF9BH@M9LD97H9L=GH=B;75G< 5J5=@56@9@=EI=8=HM5B875G< :@CKG:FCACD9F5H=CBGHC7CBH=BI9HC69GI::=7=9BHHC:IB8CIF;@C65@CD9F5H=B;57H=J=H=9G =B7@I8=B;F9GHFI7HIF=B;D5MA9BHG 5BM A5B85HCFMD5MA9BHGF9EI=F98IB89FH<9F98=H;F99A9BH5G89G7F=69869@CK 8=J=89B8GCBDF9:9FF98G<5F9G5B875D=H5@ 9LD9B8=HIF9G 195@GC7CBH=BI9HC9LD97HHC6956@9HCACJ9:IB8G69HK99B8=::9F9BH7CIBHF=9GHCA5B5;9CIF;@C65@@=EI=8=HMB998G K=H97HHC7IFF9BHACB9H5FMDC@=7=9G5B8H<9H9FAGC:H<9F98=H;F99A9BH 19 IH=@=N957CA6=B5H=CBC:GHF5H9;=9G =B7@I8=B;8=J=89B8G 75G97HHC 7IGHCA5FM5BH= 8=@IH=CB58>IGHA9BHG "C@89FGC:H<9'*-K=@@699BH=H@98HCF979=J9 K<9B5B8=:897@5F986MH<9CAD5BMXGC5F8C:=F97HCFG 7IAI@5H=J9 8=J=89B8G5HH<95BBI5@F5H9C: C:H<9@=EI=85H=CBDF9:9F9B79C:D9FG<5F99EI=J5@9BHHC 5BBI5@@MD9FG<5F9 D5M56@9=B75G97HHC79FH5=B@=A=H5H=CBG 6M89@=J9FMC:H<9CAD5BMXGCF8=B5FMG<5F9GCF5BM7CA6=B5H=CBC:75G<5B8 H<9CAD5BMXGCF8=B5FMG<5F9G 5HH<9CAD5BMXG9@97H=CB #:897@5F98 8=J=89B8GCBH<9'*-K=@@69D5M56@9EI5FH9F@MCB '5F7< $IB9 -9DH9A69F5B8979A69FC:957

.3/@<232313;03@ .CH5@BIA69FC:G<5F9GF9DIF7<5G98 J9F5;9DF=79D5=8D9FG<5F9 .CH5@=BA=@@=CBG 

GC:979A69F 5DDFCL=A5H9@MA=@@=CBC:G<5F9F9DIF7<5G9GF9A5=B985J5=@56@9IB89FH<9DF=@G<5F9 F9DIF7<5G9DFC;F5A K<=7<=G=B588=H=CBHCH<9DF9J=CIG@M5BBCIB798588=H=CB5@G<5F9F9DIF7<5G9DFC;F5AC:IDHC 6=@@=CB .<=GDFC;F5A K<=7

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

8F=J=B;H97C=BHJ9BHIF95DDFCL=A5H9@M 6=@@=CB=B75G< 5@CB;K=HC=BHJ9BHIF9=G9LD97H98HC:IB85@@C:=HG:IHIF9CD9F5H=B;9LD9BG9G5B8=BJ9GHA9BHG=B 5IHCBCACIG8F=J=B;H97C=BHJ9BHIF9 :CFA5H=CB /DCB7@CG=B;C:H<9HF5BG57H=CB DH=J897CBGC@=85H98H<975FFM=B;J5@I9C:H<95GGC7=5H985GG9HG5B8@=56=@=H=9G 7CBHF=6IH98HCH<9>C=BHJ9BHIF9 DF9J=CIG@M7@5GG=:=985G<9@8:CFG5@9 5B8F97C;B=N985B5GG9HC:5DDFCL=A5H9@M6=@@=CB K=H<=B=BJ9GHA9BHG=B5::=@=5H9G=BH<97CBGC@=85H9865@5B79G<99H 65G98CBH<9DF9@=A=B5FM:5=FJ5@I9C:=HG=BJ9GHA9BH=BH<9 B9K@M:CFA98>C=BHJ9BHIF9 .<9CAD5BMF97C;B=N985DF9 H5L;5=BC:5DDFCL=A5H9@M 6=@@=CB=BH<97CBGC@=85H98 GH5H9A9BHC:CD9F5H=CBG5DDFCL=A5H9@M D9F8=@IH98G<5F9:CFH<9M95F9B898979A69F B9HC:HF5BG57H=CB7CGHG C:A=@@=CB 65G98CBH<98=::9F9B7969HK99BH<975FFM=B;J5@I9C:=HG7CBHF=6IH=CBHCH<9>C=BHJ9BHIF95B8H<9DF9@=A=B5FM :5=FJ5@I9C:=HG=BJ9GHA9BH=BH<99BH=HM .<99GH=A5H98:5=FJ5@I9C:DH=JXGCKB9FG<=D=BH9F9GH=BH<9>C=BHJ9BHIF9K5G 89H9FA=B98DF=A5F=@M65G98CBH<=F8 D5FHMJ5@I5H=CBG5B8A5B5;9A9BH9GH=A5H9G ;9B9F5@@MIH=@=N=B;=B7CA95B8A5F?9H 5DDFC57<9G 9H9FA=B=B;H<9:5=FJ5@I9C:H<9>C=BHJ9BHIF95B8H<9IB89F@M=B;5GG9HGF9EI=F9GH<9IG9C:A5B5;9A9BHXG >I8;A9BH5B8=BJC@J9GG=;B=:=75BH9GH=A5H9G5B85GGIADH=CBGK=H97H98;FCKHIGHA9BHGA5898I9HCH<9 7CAD@9H=CBC:=B89D9B89BH5DDF5=G5@G5B8J5@I5H=CBG .<99::97HGC:H<=GHF5BG57H=CBKCI@8BCHA5H9F=5@@M=AD57HH<9CAD5BMXG F9DCFH98F9GI@HG:CF5BMD9F=C8DF9G9BH98 5B8H<9HF5BG57H=CB8=8BCHA99HH<97F=H9F=5HC69F9:@97H985G58=G7CBH=BI98 CD9F5H=CB #B7CBB97H=CBK=HC=BHJ9BHIF9:CF5 D9F=C8C:IDHCACBHC=BHJ9BHIF9=G577CIBH98:CFIG=B;H<99EI=HMA9HC=BHJ9BHIF9 K<=7< K9F9F9DCFH98K=H<=BH<98J5B798-5:9HM5B8/G9F LD9F=9B79G9;A9BH A9HH<9<9@8:CFG5@97F=H9F=55GC:979A69F 77CF8=B;@M H<9<9@8:CFG5@95GG9HG5B8@=56=@=H=9GK9F9F97@5GG=:=98=BH<97CBGC@=85H9865@5B79G<99H5GC:979A69F HC7IFF9BH5GG9HG<9@8:CFG5@95B87IFF9BH@=56=@=H=9G<9@8:CFG5@9 F9GD97H=J9@M 5GH<97CBHF=6IH=CBC:GI7<5GG9HG5B8@=56=@=H=9GHC H<9>C=BHJ9BHIF9K5G9LD97H98HCC77IFK=H<=BCB9M95F /DCB89G=;B5H=CB5G<9@8:CFG5@9 H<9CAD5BM795G98F97CF8=B; 89DF97=5H=CBC:H<9<9@8:CFG5@95GG9HG 2%$)4 '2%%-%.4 DH=J*&5B8=HGK97HHC79FH5=B588=H=CB5@7CJ9B5BHF9GHF=7H=CBG8IF=B;H<9CJ9B5BH,9@=9:*9F=C8 =B7@I8=B;F9GHF=7H=CBGCBDH=JXG 56=@=HMHC9L97IH9F9DIF7<5G9GC:CFD5M8=J=89B8GCB=HGCIHGH5B8=B;CF8=B5FMG<5F9G .<9A5HIF=HM85H9C:H<9F9A5=B=B; DCFH=CBGC:H<9,9JC@J=B;F98=H 57=@=HM5B8.F5B7<9.9FA&C5BK9F9BCH9LH9B8985B8K=@@A5HIF9CBI;IGH .<9'5MA9B8A9BH5@GCF9EI=F98H<5HDH=JD5M5A9B8A9BH:99GC:A=@@=CB8IF=B;H<9M95F9B898979A69F K<=7<=GF9:@97H985G5:=B5B7=B;57H=J=HM=BH<97CBGC@=85H98GH5H9A9BHC:75G<:@CKG .<9$IB9A9B8A9BH 5A9B898H<98=J=89B8G5B88=GHF=6IH=CBG7CJ9B5BHG9H:CFH<=BH<9F98=H;F99A9BHHCD9FA=HH<9D5MA9BHC:8=J=89B8GCB 7CBJ9FH=6@9DF9:9FF98G<5F9G=B7CBB97H=CBK=HC=B89F5;F99A9BHHCH<9F98=H;F99A9BH K<=7<5@@CKG=HHC57H5G5 6CFFCK9FIB89FH<9F98=H;F99A9BH 5B85;I5F5BHMGIDD@9A9BH IB89FK<=7<! &;I5F5BH99GH<9C6@=;5H=CBGIB89FH<9 F98=H;F99A9BH GI6>97HHC79FH5=B9L79DH=CBGG9H:CFH<=BH<9F98=H;F99A9BH

DH=J=GC6@=;5H98HCA5?9EI5FH9F@MDF=B7=D5@D5MA9BHGHIGH98&#),5H9V5G 89:=B98=BH<9F98=H;F99A9BHU&#),VD@IG=B9=H<9F75G95D9F79BH5;9D9F5BBIA5GG9H:CFH<=BH<9H56@969@CKH<9 UDD@=756@9,5H9V .<9DD@=756@9,5H9GIB89FH<9F98=H;F99A9BHCBH<9GD97=:=9885H9G5F9G9H:CFH<69@CK

313;03@ 313;03@ !$'>:CA '>:CA !$'>:CA '>:CA ,9JC@J=B;F98=H 57=@=HM ,9JC@J=B;F98=H 57=@=HM ( ( .F5B7<9.9FA&C5B .F5B7<9.9FA&C5B ( (

 DD@=756@9HCDF=B7=D5@65@5B79GIB89FH<9F98=H;F99A9BHK<=7

=@@=E7<5A/A=4 313;03@ '/B3A34431B7D3/A=4 >>:71/0:3'/B3 7<;7::7=

 DD@=756@9HCDF=B7=D5@65@5B79GIB89FH<9F98=H;F99A9BHK<=7C=BH@M 5B8G9J9F5@@M;I5F5BH9986M=HG8=F97H5B8=B8=F97HD5F9BH7CAD5B=9G GI6>97HHC79FH5=B9L79DH=CBGG9H:CFH<=BH<9F98=H ;F99A9BH

 %.)/2.3%#52%$/4%3 GC:979A69F H<9CAD5BM<58H<9:C@@CK=B;G9B=CFIBG97IF98BCH9G=GGI985B8CIHGH5B8=B;

55@35/B3%@7<17>/: ;=C=< 7<;7::7=

@H97HHCH<9;I5F5BH99GH<9U(CB !I5F5BHCFGV .<9 ;I5F5BH99GF5B?9EI5@@M=BF=;IB7H=CBK=H

 $0:75=@@=C>

.3/@<232313;03@ 7<;7::7=

A=4313;03@ IFF9BH5GG9HG &CB; H9FA5GG9HG IFF9BH@=56=@=H=9G &CB; H9FA@=56=@=H=9G (CB7CBHFC@@=B;=BH9F9GH T

#B7@I89G7IFF9BH5GG9HGC:A=@@=CB5GC:979A69F 8I9:FCA(CB !I5F5BHCFG K<=7<=B7@I89G5ACIBHG8I9:FCA5::=@=5H9GC:A=@@=CB #B7@I89G7IFF9BH5GG9HGC:A=@@=CB5B8@CB; H9FA5GG9HGC:A=@@=CB5GC:979A69F F9GD97H=J9@M 8I9:FCA(CB !I5F5BHCFG #B7@I89G7IFF9BH@=56=@=H=9GC:A=@@=CB5B8 A=@@=CB 5B8@CB; H9FA@=56=@=H=9GC:A=@@=CB5B8A=@@=CB 8I9HC(CB !I5F5BHCFG5GC: 979A69F 5B8979A69F F9GD97H=J9@M

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

 /.42!#45!, /--)4-%.43 .<9:C@@CK=B;H56@9GIAA5F=N9GCIF9LD97H9875G

%/G;3

#B588=H=CBHCH<9C6@=;5H=CBG8=G7IGG9856CJ9 79FH5=BC:CIFBCB / - GI6G=8=5F=9GGDCBGCF89:=B9869B9:=HD9BG=CBD@5BG GCA9C:K<=7<5F9:IB898 19<5J9A=B=AIA:IB8=B;F9EI=F9A9BHGK=H

.3/@<232313;03@ 7<;7::7=

 )H<9F=B7@I89G75D=H5@9LD9B8=HIF9G5HHF=6IH56@9HC7CFDCF5H958A=B=GHF5H=J95B8GIDDCFH:IB7H=CBG =B7@I8=B;7CFDCF5H9<958EI5FH9FG5B879FH5=B H97

!3(,/73 #BHF5 ACBH<75G<:@CK7M7@9GJ5FM6MF9;=CB 6IH=B;9B9F5@K95F9IG9FGC:75GC=BHJ9BHIF95B8A=@@=CBF9@5H98HC7<5B;9G=BCD9F5H=B;5GG9HG5B8 @=56=@=H=9G B9HC:F9GHFI7HIF=B;5B8D9BG=CB7CBHF=6IH=CBG 5G<:@CKGDFCJ=8986MCD9F5H=B;57H=J=H=9G:CFH<9M95F9B898 979A69F 7CBG=GH98DF=A5F=@MC:B9H95FB=B;GC: A=@@=CB =B7F95G986MA=@@=CB:CFBCB 75G<7<5F;9G:CF 89DF97=5H=CB 5ACFH=N5H=CB D9BG=CB7CGHG5B89LH=B;I=G

$44/:/<13(633B@@/<53;397H9869B9:=HC6@=;5H=CB:CFH<9/ - 5B8BCB / - D9BG=CBD@5BG 5 G9BG=H=J=HM5B5@MG=GC:DCH9BH=5@7<5B;9GHCD9BG=CBC6@=;5H=CBG5B89LD9BG9H<5HKCI@8F9GI@H:FCA7<5B;9G=B?9M5GGIADH=CBG 5B8:IB8=B;C6@=;5H=CBG

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

GC:979A69F 5B8 H<9IB8=G7CIBH98F9G9FJ9:CF9BJ=FCBA9BH5@=BJ9GH=;5H=CB5B8F9A98=5H=CBK5G 5DDFCL=A5H9@MA=@@=CBK<=7

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

)IFDIF7<5G9DF=795@@C75H=CBA9HI8;A9BHHC9GH=A5H9H<9:5=FJ5@I9C:57EI=F985GG9HG5B8@=56=@=H=9G '5B5;9A9BH9GH=A5H9GH<9:5=FJ5@I9C:5GG9HG 5B8@=56=@=H=9G65G98IDCBEICH98A5F?9HDF=79G H<975FFM=B;J5@I9C:H<957EI=F985GG9HG5B8K=89@M5779DH98J5@I5H=CB H97IGHA9BHGHC9L=GH=B;F9G9FJ9G=B:IHIF9 D9F=C8G I9HCH<9IB79FH5=BHM5B8DCH9BH=5@JC@5H=@=HMC:H<9:57HCFG7CBHF=6IH=B;HC89J9@CD=B;H<9G99GH=A5H9G 7<5B;9G=BCIF 5GGIADH=CBG7CI@8A5H9F=5@@M5::97HCIFF9GI@HGC:CD9F5H=CBG #B588=H=CBHCCIFCF8=B5FMK5FF5BHMDFCJ=G=CBGK=H<7IGHCA9FG K95F95@GC5HF=G?:CFDFC8I7HF975@@7CGHG K<=7<5F9 7CGHG=B7IFF98K<9B57IGHCA9FCFH<9CAD5BMF975@@G5DFC8I7HHIGHA9BHGHCH<9G9F9G9FJ9G=B:IHIF9D9F=C8G #H=G DCGG=6@9H<5H7<5B;9G=BCIF5GGIADH=CBGCF:IHIF9DFC8I7HF975@@=GGI9G7CI@8A5H9F=5@@M5::97HCIF:=B5B7=5@DCG=H=CB F9GI@HGC: CD9F5H=CBGCF75G<:@CKG %'!,!.$4(%2 /.4).'%.#)%3 195F9=BJC@J98:FCAH=A9HCH=A9=BJ5F=CIG@9;5@DFC7998=B;G5B87@5=AG =B7@I8=B;7CAA9F7=5@CF7CBHF57HI5@8=GDIH9G DFC8I7H@=56=@=HM7@5=AG ;CJ9FBA9BH=BJ9GH=;5H=CBG DFC8I7HK5FF5BH=9G5B89BJ=FCBA9BH5@5B8CH<9FA5HH9FG H<5H5F=G9=BH<9 BCFA5@7CIFG9C:6IG=B9GG 19FCIH=B9@M5GG9GGH<9@=?9@=I8;A9BHGCFCIH7CA9GF9@5H98HCH<9G9A5HH9FG 5G K9@@5GF5B;9GC:DFC656@9@CGG9G 6M7CBGI@H=B;K=H<=BH9FB5@D9FGCBB9@=BJC@J98K=HIB7H=CBK=HIB7H=CBK=H

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

AAC;>B7=

AAC;>B7=3

19G9@97H8=G7CIBHF5H9G6M5B5@MN=B;H<9F9GI@HGC:A5H7<=B;95797H9869B9:=HC6@=;5H=CBGK=H<5DCFH:C@=CC: <=;< EI5@=HM:=L98=B7CA9=BJ9GHA9BHGF5H98CF<=;<9F6M-H5B85F85B8*CCFXGCF'CC8MXG DH=J8C9GBCH<5J95BM/ - D9BG=CB5GG9HGH<9F9:CF9BC/ - 5GG9HF5H9C:F9HIFB75@7I@5H=CBK5GB979GG5FM:CF CF .<9DF=A5FM:IB898BCB / - D@5BG5F9=BH<9/ % 5B8'9L=7C CFH<989H9FA=B5H=CBC:9LD9BG9 K9 5GGIA985@CB; H9FA9LD97H985GG9HF5H9C:F9HIFBC:5DDFCL=A5H9@M 5B8 :CFH<9/ % 5B8'9L=7C F9GD97H=J9@M 199J5@I5H98=BDIH:FCA@C75@57HI5F=9G5B85GG9HA5B5;9FG =B7@I8=B;7CBG=89F5H=CBC:F979BH:IB8D9F:CFA5B795B8<=GHCF=75@ F9HIFBG =B89J9@CD=B;H<9@CB; H9FAF5H9C:F9HIFB5GGIADH=CBG .<95GGIADH=CBG:CFH<9/ % 5B8'9L=7C5F9DF=A5F=@M 7CBG9FJ5H=J9@CB; H9FA DFCGD97H=J9F5H9G .C89H9FA=B9H<99LD97H98F9HIFBCBD@5B5GG9HG H<9A5F?9H F9@5H98J5@I9C:CIFD@5B 5GG9HG=G57HI5@:5=FJ5@I9 )IFD9BG=CB9LD9BG9:CF=G89H9FA=B985HH<9979A69F A95GIF9A9BH85H9 CFDIFDCG9GC:5B5@MG=G H<9 :C@@CK=B;H56@9<=;<@=;

;>/1B=<%3B7=< F>3/1B=<%$ 65G=GDC=BHU6DV897F95G9=B8=G7CIBHF5H9 A=@@=CB A=@@=CB 6D=B7F95G9=B8=G7CIBHF5H9 A=@@=CB A=@@=CB 6D897F95G9=B@CB; H9FA9LD97H98F9HIFBCB5GG9HG A=@@=CB T 6D=B7F95G9=B@CB; H9FA9LD97H98F9HIFBCB5GG9HG A=@@=CB T

.<956CJ9G9BG=H=J=H=9GF9:@97HH<99::97HC:7<5B;=B;CB95GGIADH=CB5H5H=A9 #HGCFF9GHFI7HIF=B; DFC;F5AG 5G98CB=B:CFA5H=CBDFCJ=8986MCIF57HI5F=9G5B85GG9HA5B5;9FG K969@=9J9H<5HH<95GGIADH=CBGIG985F9F95GCB56@9 97H=CBGC:5BH=7=D5H98:IHIF9

75G<:@CKG =B7@I8=B;:IHIF9DFC:=H56=@=HM5GG9GGA9BHGC:J5F=CIGA5BI:57HIF=B;G=H9GK<9B9J9BHG5B87=F7IAGH5B79GK5FF5BH GI7<5F9J=9K #:=AD5=FA9BH=B8=75HCFG9L=GH K9D9F:CFAH<9F9EI=F98=AD5=FA9BH5B5@MG=G6M7CAD5F=B;H<9IB8=G7CIBH9875G< :@CKG9LD97H98HC69;9B9F5H98:FCAH<9@CB; @=J985GG9HGHCH<9F9@5H98B9H6CC?J5@I9G #:H<9B9H6CC?J5@I99L7998GH<9 IB8=G7CIBH9875G<:@CKG 5B=AD5=FA9BH@CGG=GA95GIF985B8F97C;B=N98 B=AD5=FA9BH@CGG=GA95GIF985GH<98=::9F9B79 69HK99BH<9B9H6CC?J5@I95B8H<99GH=A5H98:5=FJ5@I9C:H<9@CB; @=J985GG9HG J9B=:5B=AD5=FA9BH7<5F;9=GBCHF9EI=F98 5 F95GG9GGA9BHC:H<9IG9:I@@=J9GCJ9FK<=7<89DF97=5H=CBCF5ACFH=N5H=CB=G69=B;F97C;B=N98A5M695DDFCDF=5H965G98CBCIF 5GG9GGA9BHC:H<9F97CJ9F56=@=HMC:H<9G95GG9HG 199GH=A5H975G<:@CKG5B8:5=FJ5@I9IG=B;=BH9FB5@6I8;9HG65G98CBF979BH G5@9G85H5 =B89D9B89BH5IHCACH=J9DFC8I7H=CBJC@IA99GH=A5H9G5B87IGHCA9F7CAA=HA9BHG5B8F9J=9KC:5DDF5=G5@G .<9?9M :57HCFGK<=7<=AD57HCIF9GH=A5H9G5F9:IHIF9DFC8I7H=CB9GH=A5H9G7IGHCA9FDF9:9F9B79G5B8897=G=CBGDFC8I7H DF=7=B;A5BI:57HIF=B;5B8A5H9F=5@7CGH9GH=A5H9G5B8DFC8I7H@=:96IG=B9GGF9H9BH=CB BM8=::9F9B79G=B57HI5@F9GI@HG :FCAH<99GH=A5H9G7CI@8F9GI@H=B:5=FJ5@I9G8=::9F9BH:FCAH<99GH=A5H98:5=FJ5@I9G K<=7<7CI@8A5H9F=5@@M=AD57HCIF:IHIF9 F9GI@HGC:CD9F5H=CBG5B8:=B5B7=5@7CB8=H=CB 1969@=9J9H<5HH<9DFC>97H=CBGC:5BH=7=D5H98:IHIF975G<:@CKG5B8:5=FJ5@I9 5GGIADH=CBG5F9F95GCB56@9I8;A9BHG =B7@I8=B; 6IHBCH@=A=H98HC A57FC97CBCA=77CB8=H=CBG =B8IGHFM5B8A5F?9H 7CB8=H=CBG :=B5B7=5@D9F:CFA5B79C:H<9CAD5BM F9DCFH=B;IB=HGD97=:=79J9BHG5B87<5B;9G=BH<9CAD5BMXGG<5F9DF=79

#:H<9:5=FJ5@I9C:H<9F9DCFH=B;IB=H=G.9,(;,9H<5B=HG75FFM=B;5ACIBHGH9D ;CC8K=@@=GBCH7CBG=89F98HC69 =AD5=F98 199GH=A5H9H<9:5=FJ5@I9C:CIFF9DCFH=B;IB=HGIG=B;57CA6=B5H=CBC:5:IHIF98=G7CIBH9875G<:@CKJ5@I5H=CB AC89@5B8 =:DCGG=6@9 57CAD5F56@9A5F?9HHF5BG57H=CBAC89@ GH=A5H=B;:5=FJ5@I9F9EI=F9GH<9CAD5BMHCA5?9>I8;A9BHG 56CIH5DDFCDF=5H98=G7CIBHF5H9G ;FCKH

19F9J=9K=B89:=B=H9 @=J98=BH5B;=6@95GG9HG:CF=AD5=FA9BH5BBI5@@MCFACF9:F9EI9BH@M=:9J9BHGCF7<5B;9G=B 7=F7IAGH5B79G=B8=75H9H<95GG9HGA=;97HHC=AD5=FA9BHH9GH=B;CB@M=:9J9BHGCF7=F7IAGH5B79G=B8=75H9H<5HH<95GG9HA=;

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

 9GH=A5H9C:H<9DCH9BH=5@CIH7CA9C:5BMIB79FH5=BH5L=GGI9=GGI6>97HHCA5B5;9A9BHXG5GG9GGA9BHC:F9@9J5BHF=G?G :57HG 5B8 7=F7IAGH5B79G9L=GH=B;5HH<5HH=A9 19IG95ACF9 @=?9@M H<5B BCHH

'313

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

 A=@@=CB F9GD97H=J9@M .<9DCH9BH=5@@CGG=B:5=FJ5@I9:CFGI7<:=B5B7=5@=BGHFIA9BHG:FCA5

@327B5@33;3/1BB=/<3

 )" ##!())"#)(#(*%%!"#)'.) '3>=@B=4<23>3<23

.CH<9-<5F97<7=<=19<5J95I8=H98H<9577CAD5BM=B;7CBGC@=85H9865@5B79G<99HGC:DH=J*&H<9CAD5BM5GC:979A69F 5B8 H<9F9@5H987CBGC@=85H98GH5H9A9BHGC:CD9F5H=CBG 7CADF9<9BG=J9=B7CA9 G<5F9

195@GC<5J95I8=H98 =B577CF85B79K=H

/A7A4=@$>7<7=<

.<9G9:=B5B7=5@GH5H9A9BHG5F9H<9F9GDCBG=6=@=HMC:H<9CAD5BMXGA5B5;9A9BH )IFF9GDCBG=6=@=HM=GHC9LDF9GG5BCD=B=CBCB H<9CAD5BMXG:=B5B7=5@GH5H9A9BHG65G98CBCIF5I8=HG 195F95DI6@=7577CIBH=B;:=FAF9;=GH9F98K=H

197CB8I7H98CIF5I8=HG=B577CF85B79K=H

@7B71/:C27B"/BB3@A

.<97F=H=75@5I8=HA5HH9FG7CAAIB=75H9869@CK5F9A5HH9FG5F=G=B;:FCAH<97IFF9BHD9F=C85I8=HC:H<97CBGC@=85H98:=B5B7=5@ GH5H9A9BHGH<5HK9F97CAAIB=75H98CFF9EI=F98HC697CAAIB=75H98HCH<95I8=H7CAA=HH995B8H<5HF9@5H9HC577CIBHGCF 8=G7@CGIF9GH<5H5F9A5H9F=5@HCH<9:=B5B7=5@GH5H9A9BHG5B8=BJC@J98CIF9GD97=5@@M7<5@@9B;=B; GI6>97H=J9 CF7CAD@9L >I8;A9BHG .<97CAAIB=75H=CBC:7F=H=75@5I8=HA5HH9FG8C9GBCH5@H9F=B5BMK5MCIFCD=B=CBCBH<97CBGC@=85H98:=B5B7=5@ GH5H9A9BHG H5?9B5G5K

#B89H9FA=B=B;K<9H<9F5BIB79FH5=BH5LDCG=H=CB9L=GHG H<9CAD5BM89H9FA=B9G 65G98GC@9@MCB=HGH97

I8=H=B;H<9IB79FH5=BH5LDCG=H=CBG=G7CAD@9L6975IG9C:H<9>I8;A9BH5@B5HIF9C:H<9H5L577FI5@G5B8J5F=CIG CH<9FH5LF9HIFBDCG=H=CBGH<5HA=;IF=G8=7H=CBG5B8=GGI6>97HHC9L5A=B5H=CB6MH5L=B;5IHIF=G8=7H=CBGG=;B=:=75BHHCDH=J=B7@I89<=B5 5F658CG &IL9A6CIF; !9FA5BM '9L=7C H<9/ - #F9@5B8 -CIH<%CF955B8H<9/ %

6>', 19C6H5=B985BIB89FGH5B8=B; 9J5@I5H98H<989G=;B 5B8H9GH98H<9CD9F5H=B;9::97H=J9B9GGC:7CBHFC@GF9@5H98HC ++9,::,+ H<9F97C;B=H=CB A95GIF9A9BH5B8H<99J5@I5H=CBC:7<5B;9G=BIB79FH5=BH5LDCG=H=CBG .<=G=B7@I898H9GH=B; ;/,(;;,9 7CBHFC@GCJ9FA5B5;9A9BHXGF9J=9KC:H<9H5LDCG=H=CBG H<9=F9J5@I5H=CBC:K<9H<9FH<9MA9HH<9A95GIF9A9BH 05 <9<+0; H

)IF5I8=HDFC798IF9GHCH9GHH<9CAD5BMXGIB79FH5=BH5LDCG=H=CBG=B7@I898 5ACB;CH<9FG =BJC@J9A9BHC:CIF H5LDFC:9GG=CB5@G =B7@I8=B;HF5BG:9FDF=7=B;DFC:9GG=CB5@G .<=G=B7@I8989J5@I5H=B;H5LCD=B=CBG5B8H<=F8 D5FHM HF5BG:9FDF=7=B;GHI8=9GC6H5=B986MH<9CAD5BM5B85GG9GG=B;H<9CAD5BMXG7CFF9GDCB89B79K=H

'3D3C=BH7CGHG5J=B;H5F;9HG #B (;;,9 588=H=CB :FCAH=A9HCH=A9 DH=JA5?9GD5MA9BHGHC7IGHCA9FG=B7CB>IB7H=CBK=H

I8=H=B;H<9577CIBH=B;:CF5B87CAD@9H9B9GGC:5FF5B;9A9BHG7CBH5=B=B;9@9A9BHGGI7<5GG5@9G=B79BH=J9G 5@@CK5B79G5B87IGHCA9FD5MA9BHG =B7@I8=B;H<95DDFCDF=5H9H=A=B;5B8DF9G9BH5H=CBC:58>IGHA9BHGHCF9J9BI9 5GK9@@5G7CGHGHCC6H5=B57CBHF57H=G>I8;A9BH5@8I9HCH<9IB=EI9:57HG5B87=F7IAGH5B79G=BJC@J98=B957< F9J9BI95FF5B;9A9BH 5GK9@@5GCB ;C=B;7CAA9F7=5@B9;CH=5H=CBGK=H<7IGHCA9FG

6>', 19C6H5=B985BIB89FGH5B8=B; 9J5@I5H98H<989G=;B5B8H9GH98H<9CD9F5H=B;9::97H=J9B9GGC:7CBHFC@GCJ9FH<9 ++9,::,+ F9J=9KC:7IGHCA9F7CBHF57HG .<=G=B7@I898H9GH=B;7CBHFC@GCJ9FH<9CAD5BMXGDFC79GGHC=89BH=:M5B8 ;/,(;;,9 9J5@I5H97IGHCA9F7CBHF57HGH<5H7CBH5=BG5@9G=B79BH=J9G 5@@CK5B79G5B87IGHCA9FD5MA9BHGH<5H=AD57H 05 <9<+0; F9J9BI9F97C;B=H=CB

)IF5I8=HDFC798IF9GHCH9GHH<97CAD@9H9B9GGC:H<9CAD5BMXG=89BH=:=75H=CBC:GI7<7CBHF57HG=B7@I898 5ACB;CH<9FG =BH9FJ=9K=B;G5@9GF9DF9G9BH5H=J9GK

/DCB7@CG=B;C:H<9HF5BG57H=CB DH=J897CBGC@=85H98H<975FFM=B;J5@I9C:H<95GGC7=5H985GG9HG5B8@=56=@=H=9G 7CBHF=6IH98HCH<9>C=BHJ9BHIF9 DF9J=CIG@M7@5GG=:=985G<9@8:CFG5@9 5B8F97C;B=N985B5GG9HC:5DDFCL=A5H9@M 6=@@=CBK=H<=B=BJ9GHA9BHG=B5::=@=5H9G=BH<97CBGC@=85H9865@5B79G<99H 65G98CBH<9DF9@=A=B5FM:5=FJ5@I9 C:=HG=BJ9GHA9BH=BH<9B9K@M:CFA98>C=BHJ9BHIF9 .<9CAD5BMF97C;B=N985DF9 H5L;5=BC:5DDFCL=A5H9@M 6=@@=CB=BH<97CBGC@=85H98GH5H9A9BHC:CD9F5H=CBG B9HC:HF5BG57H=CB7CGHGC:A=@@=CB 65G98CBH<9 8=::9F9B7969HK99BH<975FFM=B;J5@I9C:=HG7CBHF=6IH=CBHCH<9>C=BHJ9BHIF95B8H<9DF9@=A=B5FM:5=FJ5@I9C:=HG =BJ9GHA9BH=BH<99BH=HM .<99GH=A5H98:5=FJ5@I9C:DH=JXGCKB9FG<=D=BH9F9GH=BH<9>C=BHJ9BHIF9K5G 89H9FA=B98DF=A5F=@M65G98CBH<=F8 D5FHMJ5@I5H=CBG5B8A5B5;9A9BH9GH=A5H9G ;9B9F5@@MIH=@=N=B;=B7CA95B8 A5F?9H5DDFC57<9G

I8=H=B;H<9CAD5BMG577CIBH=B;:CFH<9HF5BG57H=CB=BJC@J98GI6>97H=J95I8=HCF>I8;A9BH8I9HCH<9 G=;B=:=75BH9GH=A5H=CBF9EI=F98=BA5B5;9A9BHXG89H9FA=B5H=CBC:H<9:5=FJ5@I9C:>C=BHJ9BHIF9 =B7@I8=B;H<9 :5=FJ5@I95B85@@C75H=CBC:=89BH=:=98=BH5B;=6@95GG9HG7CBHF=6IH986MDH=J5B8"MIB85= .<9G=;B=:=75BH 9GH=A5H=CBK5GDF=A5F=@M8I9HCH<9G9BG=H=J=HMC:H<9:5=FJ5@I9HCIB89F@M=B;5GGIADH=CBG=B7@I8=B;8=G7CIBH F5H9G DFC>97H98F9J9BI9;FCKHC=BHJ9BHIF9 5F9:CFK5F8 @CC?=B;5B87CI@8695::97H986M:IHIF997CBCA=75B8A5F?9H7CB8=H=CBG

6>', 19C6H5=B985BIB89FGH5B8=B; 9J5@I5H98H<989G=;B 5B8H9GH98H<9CD9F5H=B;9::97H=J9B9GGC:H<9CAD5BMXG ++9,::,+ 7CBHFC@GCJ9F=HG577CIBH=B;:CFH<9HF5BG57H=CB .<=G=B7@I898H9GH=B;7CBHFC@GCJ9FA5B5;9A9BHXGF9J=9KC:H<9 ;/,(;;,9 J5@I5H=CBC:>C=BHJ9BHIF9 =B7@I8=B;H<9F9J=9KC:H<9J5@I5H=CBAC89@5B8G=;B=:=75BH5GGIADH=CBG5B8 05 <9<+0; DFCGD97H=J9:=B5B7=5@=B:CFA5H=CBIG98K=H<=BH<9J5@I5H=CB

.CH9GHH<9:5=FJ5@I9C:H<9>C=BHJ9BHIF9 CIF5I8=HDFC798IF9G=B7@I898 5ACB;CH<9FG 9J5@I5H=B;H<9 CAD5BMGIG9C:J5@I5H=CBA9HC=BHJ9BHIF95B8=HG=BH5B;=6@95GG9HG )IFDFC798IF9G=B7@I8985ACB;CH<9FG 7CAD5F=B;G=;B=:=75BH A5B5;9A9BH5GGIADH=CBGHC7IFF9BH=B8IGHFM5B8A5F?9HHF9B8G <=GHCF=75@F9GI@HGC:H<97CBHF=6IH986IG=B9GG 5B8HCCH<9FF9@9J5BH:57HCFG 195@GCD9F:CFA98G9BG=H=J=HM5B5@MG9GC:H<9G=;B=:=75BH5GGIADH=CBGHC9J5@I5H9 H<97<5B;9=BH<9:5=FJ5@I9F9GI@H=B;:FCA7<5B;9G=BH<95GGIADH=CBG #B588=H=CB 7CAD@9L5B87<5@@9B;=B; 5I8=HCF>I8;A9BHK5GF9EI=F98=B9J5@I5H=B;H<9=BH9FB5@@M89J9@CD989GH=A5H9G5B85GGIADH=CBGIG98=BH<9 AC89@6975IG9H<9F9K5G@=A=H98C6G9FJ56@9A5F?9H=B:CFA5H=CB

G FBGH3CIB;&&* 19<5J9G9FJ985GH<9CAD5BMXG5I8=HCFG=B79 9HFC=H '=7<=;5B 96FI5FM 

 '3>=@B=4<23>3<23

.CH<9-<5F9

$>7<7=<=<=@B7<5

19<5J95I8=H98DH=J*&XG=BH9FB5@7CBHFC@CJ9F:=B5B7=5@F9DCFH=B;5GC:979A69F 65G98CB7F=H9F=59GH56@=G<98=B #BH9FB5@CBHFC@ #BH9;F5H98 F5A9KCF?=GGI986MH<9CAA=HH99C:-DCBGCF=B;)F;5B=N5H=CBGC:H<9.F958K5MCAA=GG=CB :F5A9KCF?H<9)-)7F=H9F=5 #BCIFCD=B=CB DH=J*&H<9CAD5BMA5=BH5=B98 =B5@@A5H9F=5@F9GD97HG 9::97H=J9 =BH9FB5@7CBHFC@CJ9F:=B5B7=5@F9DCFH=B;5GC:979A69F 65G98CBH<9)-)7F=H9F=5

195@GC<5J95I8=H98 =B577CF85B79K=H

/A7A4=@$>7<7=<

.<9CAD5BMXGA5B5;9A9BH=GF9GDCBG=6@9:CFA5=BH5=B=B;9::97H=J9=BH9FB5@7CBHFC@CJ9F:=B5B7=5@F9DCFH=B;5B8:CF=HG 5GG9GGA9BHC:H<99::97H=J9B9GGC:=BH9FB5@7CBHFC@CJ9F:=B5B7=5@F9DCFH=B;=B7@I898=BH<9577CAD5BM=B;'5B5;9A9BHXG,9DCFH CB#BH9FB5@CBHFC@CJ9F =B5B7=5@,9DCFH=B; )IFF9GDCBG=6=@=HM=GHC9LDF9GG5BCD=B=CBCBH<9CAD5BMXG=BH9FB5@7CBHFC@ CJ9F:=B5B7=5@F9DCFH=B;65G98CBCIF5I8=H 195F95DI6@=7577CIBH=B;:=FAF9;=GH9F98K=H

197CB8I7H98CIF5I8=H=B577CF85B79K=H

)IF5I8=H=B7@I898C6H5=B=B;5BIB89FGH5B8=B;C:=BH9FB5@7CBHFC@CJ9F:=B5B7=5@F9DCFH=B; 5GG9GG=B;H<9F=G?H<5H5A5H9F=5@ K95?B9GG9L=GHG H9GH=B;5B89J5@I5H=B;H<989G=;B5B8CD9F5H=B;9::97H=J9B9GGC:=BH9FB5@7CBHFC@65G98CBH<95GG9GG98F=G? 5B8 D9F:CFA=B;GI7

347<7B7==@B7<5

7CAD5BMXG=BH9FB5@7CBHFC@CJ9F:=B5B7=5@F9DCFH=B;=G5DFC79GG89G=;B98HCDFCJ=89F95GCB56@95GGIF5B79F9;5F8=B;H<9 F9@=56=@=HMC::=B5B7=5@F9DCFH=B;5B8H<9DF9D5F5H=CBC::=B5B7=5@GH5H9A9BHG:CF9LH9FB5@DIFDCG9G=B577CF85B79K=H<;9B9F5@@M 5779DH98577CIBH=B;DF=B7=D@9G 7CAD5BMXG=BH9FB5@7CBHFC@CJ9F:=B5B7=5@F9DCFH=B;=B7@I89GH

975IG9C:=HG=B<9F9BH@=A=H5H=CBG =BH9FB5@7CBHFC@CJ9F:=B5B7=5@F9DCFH=B;A5MBCHDF9J9BHCF89H97HA=GGH5H9A9BHG @GC DFC>97H=CBGC:5BM9J5@I5H=CBC:9::97H=J9B9GGHC:IHIF9D9F=C8G5F9GI6>97HHCH<9F=G?H<5H7CBHFC@GA5M697CA9=B589EI5H9 6975IG9C:7<5B;9G=B7CB8=H=CBG CFH<5HH<989;F99C:7CAD@=5B79K=H

G FBGH3CIB;&&* 9HFC=H '=7<=;5B 96FI5FM 

 %)+%! $#($!)())"#)($$%')$#(

.3/@<232313;03@ 7<;7::7=B>3@A6/@3/;=CC=BHJ9BHIF9(CH9 T T .CH5@CD9F5H=B;9LD9BG9G )D9F5H=B;=B7CA9 #BH9F9GH9LD9BG9 )H<9F=B7CA9 B9H(CH9 T #B7CA969:CF9=B7CA9H5L9G5B89EI=HM@CGG=B7CA9 #B7CA9H5L9LD9BG9 #B7CA969:CF99EI=HM@CGG=B7CA9 EI=HM@CGG=B7CA9 B9HC:H5L (9H=B7CA9 (9H=B7CA95HHF=6IH56@9HCBCB7CBHFC@@=B;=BH9F9GH (9H=B7CA95HHF=6IH56@9HCDH=J '5B85HCFMCBJ9FH=6@9*F9:9FF98-<5F98=J=89B8G(CH9 T T (9H=B7CA95HHF=6IH56@9HCCF8=B5FMG<5F9

5G=7B9H=B7CA9D9FG<5F9 5G=7B9H=B7CA9D9FG<5F95HHF=6IH56@9HCCF8=B5FMG<5F9

=@IH98B9H=B7CA9D9FG<5F9(CH9 =@IH98B9H=B7CA9D9FG<5F95HHF=6IH56@9HCCF8=B5FMG<5F9

 %)+%! $#($!)())"#)($$"%'#(+#$"

.3/@<232313;03@ 7<;7::7=IGHA9BHG (9H7<5B;9=BIBF97C;B=N98;5=B@CGGCB89F=J5H=J9=BGHFIA9BHG B9HC: H5L(CH9 AD@CM9969B9:=HD@5BG58>IGHA9BH B9HC:H5L(CH9 )H<9F7CADF9<9BG=J9=B7CA9@CGG CADF9<9BG=J9=B7CA9 CADF9<9BG=J9=B7CA95HHF=6IH56@9HCBCB7CBHFC@@=B;=BH9F9GHG CADF9<9BG=J9=B7CA95HHF=6IH56@9HCDH=J -99BCH9GHC7CBGC@=85H98:=B5B7=5@GH5H9A9BHG

 %)+%! $#($!)!#()(

313;03@ 7<;7::7=

 %)+%! $#($!)())"#)($(!$,(

.3/@<232313;03@ 7<;7::7=IGHA9BHGHCF97CB7=@9B9H=B7CA9HCB9H75GC=BHJ9BHIF9 B9H T T <5B;9G=BCD9F5H=B;5GG9HG5B8@=56=@=H=9G 77CIBHGF979=J56@9 B9H #BJ9BHCF=9G )H<9F5GG9HG 77CIBHGD5M56@9 77FI985B8CH<9F@CB; H9FA@=56=@=H=9G )H<9F B9H *9BG=CB7CBHF=6IH=CBG (9H75G

 %)+%! $#($!)())"#)($('$!'(I&*).

.3/@<232313;03@ 

$@27

11C;C:/B32 #C;03@ ;=CB7D )=B/: =4 =4 =4 =4 %/727< '3B/7<32 =;>@3637B/: /@<7<5A !=AA ?C7BG IGHA9BH:CFF979BH@M 58CDH98577CIBH=B; DFCBCIB79A9BHG(CH9 T T T T T T T /:/<13/B 313;03@ T

/:/<13/B /IGHA9BH:CFF979BH@M 58CDH98577CIBH=B; DFCBCIB79A9BHG T T T T T T T T /:/<13/B 313;03@ T T -99BCH9GHC7CBGC@=85H98:=B5B7=5@GH5H9A9BHG

 %)+%! $#($!)())"#)($('$!'(I&*).=

.3/@<232313;03@ 

$@27

11C;C:/B32 #C;03@ ;=CB7D )=B/: =4 =4 =4 =4 %/727< '3B/7<32 =;>@3637B/: /@<7<5A !=AA ?C7BG 

/:/<13/B /IGHA9BH:CFF979BH@M 58CDH98577CIBH=B; DFCBCIB79A9BHG TTTT T T T /:/<13/B 313;03@ T T -99BCH9GHC7CBGC@=85H98:=B5B7=5@GH5H9A9BHG

%)+%! #$)()$$#($!)##!())"#)( #'! 3<3@/:/<20/A7A=4>@3A397HHC/ - -97IF=H=9G5B8 L7<5B;9CAA=GG=CBF9DCFH=B;F9EI=F9A9BHG5B8DF9D5F9=HG 7CBGC@=85H98:=B5B7=5@GH5H9A9BHG=B577CF85B79K=H<577CIBH=B;DF=B7=D@9G;9B9F5@@M5779DH98=BH<9/B=H98-H5H9GC:A9F=75 U/ - !*V #/BC@3=4=>3@/B7=CFA5BI:57HIF=B;:57=@=H=9G5B8A5>CFH97CFA5BI:57HIF=B;65G95B8GHFCB;7IGHCA9FF9@5H=CBG<=DG

(##)$*#)#%$!( =IGH98:CFC6G9FJ56@9DF=797<5B;9G=BCF89F@MHF5BG57H=CBG:CF=89BH=75@CFG=A=@5F=BJ9GHA9BHGC:H<9 G5A9=GGI9F @@G=;B=:=75BH=BH9F7CAD5BMHF5BG57H=CBG5B865@5B79G69HK99B7CBGC@=85H98DH=J6IG=B9GG9G<5J9699B 9@=A=B5H98 .<9CAD5BMACB=HCFG=HG=BJ9GHA9BHG=B5::=@=5H9G:CF=B8=75HCFGC:CH<9F H<5B H9ADCF5FM897@=B9G=BJ5@I9CB5B CB;C=B;65G=G #:H<9CAD5BM89H9FA=B9GH<5HGI7<5897@=B9<5GC77IFF98 5B=AD5=FA9BH@CGG=GF97CF898 K<=7<=GA95GIF98 5GH<98=::9F9B7969HK99B75FFM=B;J5@I95B89GH=A5H98:5=FJ5@I9 GH=A5H98:5=FJ5@I9=G;9B9F5@@M89H9FA=B98IG=B;5B=B7CA9 5DDFC57<65G98CB8=G7CIBH9875G<:@CKGCFB9;CH=5H98HF5BG57H=CBJ5@I9G IF=B;H<9M95FG9B898979A69F 5B8 DH=JF979=J988=J=89B8GC:A=@@=CB A=@@=CB5B8 A=@@=CB F9GD97H=J9@M :FCA=HG9EI=HMA9H97HHC9GH=A5H=CB5B8>I8;A9BH=B7@I89 5ACIBHGF9@5H98HC577CIBHGF979=J56@9F95@=N5H=CB =BJ9BHCFMC6GC@9G79B79 5GG9H=AD5=FA9BHG IG9:I@@=J9GC:=BH5B;=6@95B8 :=L985GG9HG 89:9FF98H5L5GG9HJ5@I5H=CB5@@CK5B79G =B7CA9H5L9G D9BG=CB69B9:=HD@5B5GGIADH=CBG 577FI5@GF9@5H98HC @=H=;5H=CB K5FF5BHM7CGHG 9BJ=FCBA9BH5@F9A98=5H=CB7CGHG 7CBH=B;9BH7CBG=89F5H=CB5FF5B;9A9BHG KCF?9FXG7CAD9BG5H=CB 577FI5@G5B8<95@H<75F9577FI5@G I9HCH<9=B<9F9BHIB79FH5=BHM=BJC@J98=BA5?=B;9GH=A5H9G =B7@I8=B;H<98IF5H=CB5B8 G9J9F=HMC:H<9=AD57HGC:H<9BCJ9@7CFCB5J=FIG)0# D5B89A=7 57HI5@F9GI@HGF9DCFH98=B:IHIF9D9F=C8GA5M6965G98 IDCB5ACIBHGH<5H8=::9F:FCAH

'3D3C=BH7CGHG5J=B;H5F;9HG #BH<9G9=BGH5B79G F9J9BI9=G F97C;B=N9865G98CBH<95;F998 IDCBDF=795HH<9H=A9C:G<=DA9BH -5@9G=B79BH=J9G5B85@@CK5B79G5F9F97C;B=N985G5F98I7H=CBHCF9J9BI95HH<9H=A9C:H<9F9@5H98G5@9 #B588=H=CB :FCA H=A9HCH=A9 DH=JA5?9GD5MA9BHGHC7IGHCA9FG=B7CB>IB7H=CBK=H3@A6/@3T5G=7B9H=B7CA9D9FG<5F9=G7CADIH986M8=J=8=B;B9H=B7CA95HHF=6IH56@9HCCF8=B5FM G<5F9;3

5J5=@56@9 H<9CAD5BMXG5GG9GGA9BH=G65G98CB5B5B5@MG=GC:H<97CIBH9FD5FHMXG:=B5B7=5@GH5H9A9BHG DH=J5@GC7CBG=89FG 7CBHF57HH9FAG5B87CB8=H=CBG 7CIBHFM5B8DC@=H=75@F=G? 5B86IG=B9GGGHF5H9;M=B=HG9J5@I5H=CB 5G98CBH<9CIH7CA9C:H<=G F9J=9K H<9CAD5BM9GH56@=G<9G57F98=H@=A=H:CF957<7CIBH9FD5FHM .<9CAD5BM7CBH=BI9GHCACB=HCF=HGCB;C=B;7F98=H 9LDCGIF9HIB7H=CBK=H3@BGT'5>CF=ADFCJ9A9BHGH<5HA5H9F=5@@M9LH9B8H<9IG9:I@@=:9C:DFCD9FHM5F975D=H5@=N98 LD9B8=HIF9G:CF F9D5=FG5B8A5=BH9B5B795F97<5F;98HC9LD9BG95G=B7IFF98 9DF97=5H=CB=G89H9FA=B9865G98CB5GHF5=;@=2C1B7=<1=ABA@3:/B32B=:=<5B3@;AC>>:G/5@33;3=;G5B8CH<9F=H9AGIG98=BH<9A5BI:57HIF9C:7IGHCA9F7CADCB9BHG H<5HK=@@69GC@8IB89F@CB; H9FAGIDD@M5FF5B;9A9BHG H<97CGHGC:K<=7<5F975D=H5@=N98K=H<=BDFCD9FHM D@5BH5B89EI=DA9BH =:H<9CAD5BM<5GH=H@9HCH<95GG9HG -D97=5@HCC@G5@GC=B7@I8975D=H5@=N98IBF9=A6IFG98DF9 DFC8I7H=CBHCC@=B;7CGHGF9@5H98HC 7IGHCA9F CKB98HCC@G:CFK<=797HHCF9=A6IFG9A9BH5F9 75D=H5@=N985B889DF97=5H98CJ9FH<99LD97H98@=:9C:H<9GD97=5@HCC@CFH<9@=:9C:H<9F9@5H98J9<=7@9DFC;F5A K<=7<9J9F=G G

F9DF9G9BHGH<9@9GG99XGC6@=;5H=CBHCA5?9@95G9D5MA9BHG5F=G=B;:FCA5@95G9 5B8=GA95GIF985GH<9DF9G9BHJ5@I9C:H<9@95G9 D5MA9BHG GH<9F5H9=AD@=7=H=BH<9@95G9=GIGI5@@MBCH?BCKB5H@95G97CAA9B79A9BH H<9CAD5BMIG9G=HG=B7F9A9BH5@ 6CFFCK=B;F5H9HC8=G7CIBHH<9@95G9C6@=;5H=CB .<9F=;IGH98:CF@95G9DF9D5MA9BH @95G9=B79BH=J9GF979=J985B8H<9 CAD5BMXG=B=H=5@8=F97H7CGHG /B89FH<9CDH=CB5@HF5BG=H=CBA9H97HG H<95GG9HGK=@@695ACFH=N98CJ9FH<99LD97H98 97CBCA=7@=:9C:H<95GG9H K<=797H6989H9FA=B98HC69565B8CB98 5B8=:H<9 5GG9H89J9@CD98<5GBC5@H9FB5H=J9IG9 H<9:I@@J5@I9C:H<95GG9HK=@@697<5F;98HC9LD9BG9 .<9CAD5BM5@GC<5G=BH5B;=6@9 5GG9HGF9@5H98HC57EI=F98HF589B5A9GH<5H5F97@5GG=:=985G=B89:=B=H9 @=J98K<9BH<9F95F9BC:CF9G9956@9@=A=HGCBH<9D9F=C8G C:H=A9CJ9FK<=7/7@;3

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

 F9ACJ5@C:GHCF5;9H5B?G5B88=GDCG5@7CGHG GG9HF9H=F9A9BHC6@=;5H=CBGK9F9A=@@=CB5B8A=@@=CB5H979A69F 5B8 F9GD97H=J9@M CAB=;3@1=<13

%3@1397H=CBGC:H=A9:F5A9G5B8F9@5H989LD9BG9:CFDCGH 9AD@CMA9BH69B9:=HG ,=@93@AI1=;>397H HCH<99L=GH=B;KCF?9FGX7CAD9BG5H=CB@5KGH<5HJ5FM6M@C75H=CB 77FI5@G:CFKCF?9FGX7CAD9BG5H=CB69B9:=HGF9DF9G9BHH<9 8=G7CIBH98:IHIF975G<9LD9B8=HIF9G9LD97H988IF=B;H<9D9F=C869HK99BH<9=B7=89BHGB979GG=H5H=B;H<99AD@CM99GHC69=8@98 5B8H<9H=A9K<9BGI7<9AD@CM99GF9HIFBHCKCF? 5F99@=;=6@9:CFF9H=F9A9BHCFCH<9FK=G9H9FA=B5H9H<9=F9AD@CMA9BH (6/@30/A321=;>3

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

#+#)$'( #BJ9BHCF=9G5F9GH5H985HH<9@CK9FC:7CGH 89H9FA=B98CB5:=FGH =B :=FGH CIH65G=G CFB9HF95@=N56@9J5@I9 =B7@I8=B;8=F97H A5H9F=5@7CGHG5B88=F97H5B8=B8=F97HA5BI:57HIF=B;7CGHG GIAA5FMC:=BJ9BHCF=9G=GG

313;03@ 313;03@ 7<;7::7=

 (()( )H<9F7IFF9BH5GG9HG7CBG=GH98C:H<9:C@@CK=B;

313;03@ 313;03@ 7<;7::7=

)H<9F@CB; H9FA5GG9HG7CBG=GH98C:H<9:C@@CK=B;

313;03@ 313;03@ 7<;7::7=

#+()"#)(#!)( GD5FHC:DH=JXGCD9F5H=CBG =H<5G=BJ9GHA9BHG=B:CIFBCB 7CBGC@=85H985::=@=5H9G577CIBH98:CFIB89FH<99EI=HM A9HC=BHJ9BHIF9K5G:CFA98=BH<9'5F7<HF5BG57H=CBK=H< "MIB85='CHCF!FCIDHC:C7IGCBH<989G=;B 89J9@CDA9BH5B87CAA9F7=5@=N5H=CBC:5IHCBCACIG8F=J=B;H97

313;03@ 7<;7::7=

.3/@<232313;03@ 7<;7::7=

GIAA5FMC:HF5BG57H=CBGK=H<5::=@=5H9G=GG

.3/@<232313;03@ 7<;7::7=

GIAA5FMC:5ACIBHGF97CF898=BH<9CAD5BMXG7CBGC@=85H9865@5B79G<99HGF9@5H98HC=HG5::=@=5H9G=GG

313;03@ 7<;7::7=

)316<=:=5GIGH98:CFC6G9FJ56@9DF=797<5B;9G=BCF89F@MHF5BG57H=CBG:CF=89BH=75@CFG=A=@5F =BJ9GHA9BHGC:H<9G5A9=GGI9F

 IF=B;H<9:CIFH

IF=B;H<9M95F9B898979A69F H<9CAD5BMXG=BJ9GHA9BH=B#BBCJ=NK5GF9A95GIF98HC5:5=FJ5@I9C: A=@@=CB 65G98CB5GI6G9EI9BHFCIB8C::=B5B7=B;C6G9FJ98HC69:CF=89BH=75@CFG=A=@5F=BJ9GHA9BHGC:H<9G5A9=GGI9F G5 F9GI@H H<9CAD5BMF97CF8985DF9 H5LIBF95@=N98;5=BC:A=@@=CBHCCH<9F=B7CA9 B9H8IF=B;H<9M95F9B898979A69F IF=B;H<9M95F9B898979A69F H<9CAD5BMXG=BJ9GHA9BH=B)HCBCACK5GF9A95GIF98HC5:5=FJ5@I9C: A=@@=CB 65G98CB5GI6G9EI9BHFCIB8C::=B5B7=B;C6G9FJ98HC69:CF=89BH=75@CFG=A=@5F=BJ9GHA9BHGC:H<9G5A9=GGI9F G5 F9GI@H H<9CAD5BMF97CF8985DF9 H5LIBF95@=N98;5=BC:A=@@=CBHCCH<9F=B7CA9 B9H8IF=B;H<9M95F9B898979A69F .<9F9K9F9BCCH<9FA5H9F=5@HF5BG57H=CBG 9J9BHGCF7<5B;9G=B7=F7IAGH5B79GF9EI=F=B;5B=AD5=FA9BHCF5BC6G9FJ56@9 DF=797<5B;958>IGHA9BHHCH<9G9=BJ9GHA9BHG .<9CAD5BM7CBH=BI9GHCACB=HCFH<9G9=BJ9GHA9BHGHC=89BH=:MDCH9BH=5@ HF5BG57H=CBGK<=7IGHA9BHHC=HG75FFM=B;J5@I9

 %'$%').#) *FCD9FHM B9H7CBG=GH98C:

313;03@ AB7;/B32*A34C: !7D3A .3/@A 7<;7::7=

CFH<9M95FG9B898979A69F 5B8 DH=JF97CF898BCB 75G<5GG9H=AD5=FA9BH7<5F;9GC: A=@@=CB A=@@=CB5B8A=@@=CB F9GD97H=J9@M =B7CGHC:G5@9GF9@5H98HC897@=B9G=BH<9:5=FJ5@I9GC:79FH5=B:=L985GG9HG GC:979A69F 5B8 75D=H5@9LD9B8=HIF9GF97CF898=B577CIBHGD5M56@9HCH5@98A=@@=CB A=@@=CB5B8A=@@=CB F9GD97H=J9@M

#)#!(()(#$$,!! .<97<5B;9G=BH<975FFM=B;5ACIBHC:=BH5B;=6@95GG9HG5B8;CC8K=@@K9F95G:C@@CKG5GC:979A69F 5B8 -99(CH9 7EI=G=H=CBG5B8=J9GH=HIF9G:CF5:IFH<9F89G7F=DH=CBC:H<9;CC8K=@@5B8=BH5B;=6@95GG9HGF9GI@H=B;:FCADH=JXG 57EI=G=H=CBG=B5B8

A=4313;03@ A=4313;03@ AB7;/B32 @=AA #3B @=AA #3B *A34C: /@@G7<5 11C;C:/B32 /@@G7<5 /@@G7<5 11C;C:/B32 /@@G7<5 !7D3A ;=C

GH=A5H985ACFH=N5H=CB9LD9BG9:CFH<9M95FG9B8=B;979A69F H

.3/@<27<5313;03@ 7<;7::7=

 FC@@ :CFK5F8C:H<9;FCGG75FFM=B;5ACIBHGC:=BH5B;=6@95GG9HG:CFH<9M95FG9B898979A69F 5B8=G DF9G9BH9869@CK

 7<;7::7=

*F=A5F=@M5HHF=6IH56@9HCH<957EI=G=H=CBC:MB5K5J9 5B8H<957EI=G=H=CBGC:;56C7CA5B8 5@A5H 5G:IFH<9F89G7F=698=B(CH9 7EI=G=H=CBG5B8=J9GH=HIF9G FC@@ :CFK5F8C:H<9577IAI@5H985ACFH=N5H=CB:CFH<9M95FG9B898979A69F 5B8=GDF9G9BH9869@CK

 7<;7::7=

*F=A5F=@M5HHF=6IH56@9HCH<9=AD5=FA9BHC:79FH5=B89:=B=H9 @=J98HF589B5A95GG9HGK=H<=BH<98J5B798-5:9HM5B8/G9F LD9F=9B79G9;A9BH8IF=B;H<9 M95F9B898979A69F K<=7<=G=B7@I898K=H<=B5ACFH=N5H=CB=BH<97CBGC@=85H98GH5H9A9BHGC:CD9F5H=CBG .<9:5=FJ5@I9C:H<9=AD5=F985GG9HG K5G89H9FA=B98DF=A5F=@MIG=B;H<95BH=7=D5H9875G<:@CKG8=G7CIBH985H5F5H97CAA9BGIF5H9K=H

2D/<132(/43BG (753@73<13 )=B/: 7<;7::7=

*F=A5F=@M5HHF=6IH56@9HCH<957EI=G=H=CBGC:;56C7CA5B8 5@A5H 5G:IFH<9F89G7F=698=B(CH9 7EI=G=H=CBG5B8=J9GH=HIF9G *F=A5F=@M5HHF=6IH56@9HCH<957EI=G=H=CBC:MB5K5J9 5G:IFH<9F89G7F=698=B(CH9 7EI=G=H=CBG5B8=J9GH=HIF9G

 !!)( 77FI98@=56=@=H=9G7CBG=GH98C:H<9:C@@CK=B;

313;03@ 313;03@ 7<;7::7=

)H<9F@CB; H9FA@=56=@=H=9G7CBG=GH98C:H<9:C@@CK=B;

313;03@ 313;03@ 7<;7::7=

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

 .<9H56@969@CKGIAA5F=N9GH<957H=J=HM=BH<9DFC8I7HK5FF5BHM@=56=@=HM:CFH<9M95FG9B898979A69F 5B8 

.3/@<232313;03@ 7<;7::7=

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

.3/@<232313;03@ 7<;7::7=

 .<9H56@969@CKGIAA5F=N9GH<957H=J=HM=BH<9F9GHFI7HIF=B;@=56=@=HM:CFH<9M95FG9B898979A69F 5B8

;>:=G33 )3@;7

) .<9:C@@CK=B;=G5GIAA5FMC:896HCIHGH5B8=B; B9HC:IB5ACFH=N98=GGI5B797CGHG5B88=G7CIBHG 5GC:979A69F 5B8

313;03@ 7<;7::7=

 .<9DF=B7=D5@A5HIF=H=9GC:896H 5HBCA=B5@J5@I9 5F95G:C@@CKG

30B/<2 7

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

313;03@ 313;03@ !$'>:CA '>:CA !$'>:CA '>:CA ,9JC@J=B;F98=H 57=@=HM ,9JC@J=B;F98=H 57=@=HM ( ( .F5B7<9.9FA&C5B .F5B7<9.9FA&C5B ( (

 DD@=756@9HCDF=B7=D5@65@5B79GIB89FH<9F98=H;F99A9BHK<=7

.<9DD@=756@9,5H9IB89FH<9F98=H;F99A9BHA5M=B7F95G9CF897F95G9:FCAH=A9HCH=A965G98CB7<5B;9G=BH<9 CAD5BMXG7F98=HF5H=B;G 77CF8=B;@M H<9=BH9F9GHF5H9K=@@:@I7HI5H98IF=B;H<9H9FAC:H<9F98=H;F99A9BH65G98CB 7<5B;9G=BH<9, &#),CF:IHIF97<5B;9G=BH<9CAD5BMXG7CFDCF5H97F98=HF5H=B;G .<9F98=H;F99A9BH5@GCF9EI=F9G H<5HDH=JD5M79FH5=B:57=@=HM:99GCBH<9,9JC@J=B;F98=H 57=@=HM5B879FH5=B@9HH9FC:7F98=H=GGI5B795B8:FCBH=B;:99G .<9=BH9F9GHF5H9D9F=C8K=H

=@@=E7<5A/A=4 313;03@ '/B3A34431B7D3/A=4 >>:71/0:3'/B3 7<;7::7=

 DD@=756@9HCDF=B7=D5@65@5B79GIB89FH<9F98=H;F99A9BHK<=7

CFFCK=B;GIB89FH<9F98=H;F99A9BH5F9DF9D5M56@95HDH=JXGCDH=CBK=HC=BH@M 5B8G9J9F5@@M;I5F5BH9986M=HG8=F97H5B8=B8=F97HD5F9BH7CAD5B=9G GI6>97HHC79FH5=B9L79DH=CBGG9H:CFH<=BH<9F98=H ;F99A9BH

(3<7=@*

5G57EI=G=H=CBG 5B8G<5F9F9DIF7<5G9G DH=J=B7IFF985DDFCL=A5H9@MA=@@=CBC:=GGI5B797CGHG=B7CBB97H=CBK=HC=BH@M5B8G9J9F5@@M 6M DH=J*&5B86M79FH5=BC:DH=J*&XG8=F97H5B8=B8=F97HGI6G=8=5F=9GK<=7<5F98=F97H@MCF=B8=F97H@MCKB986MDH=J *& GI6>97HHC7IGHCA5FMF9@95G9DFCJ=G=CBGCH<9FH<5B=BH<975G9C:DH=J*& .<9 IFC 89BCA=B5H98-9B=CF(CH9G -9B=CF(CH9G IFC 89BCA=B5H98-9B=CF(CH9G -9B=CF(CH9G5B8-9B=CF(CH9G=GGI986MDH=J*&5F9 :I@@M5B8IB7CB8=H=CB5@@M;I5F5BH998 >C=BH@M5B8G9J9F5@@M 6M79FH5=BC:DH=J*&XG8=F97H5B8=B8=F97HGI6G=8=5F=9G=B7@I8=B; DH=JCFDCF5H=CB K<=7<5F98=F97H@MCF=B8=F97H@MCKB986MDH=J*& GI6>97HHC7IGHCA5FMF9@95G9DFCJ=G=CBG

 $B63@797HHC H<95J5=@56=@=HMC:9@=;=6@9577CIBHGF979=J56@9 C@@5H9F5@=GBCHF9EI=F98F9@5H98HCH<9G9HF589577CIBHGF979=J56@9 .<9B9K DFC;F5A=G:CF5H9FAC:H

%#($##)( 9FH5=BC:DH=JXGBCB / - GI6G=8=5F=9GGDCBGCF89:=B9869B9:=HD9BG=CBD@5BG K<=7<;9B9F5@@MDFCJ=8969B9:=HG65G98 CBB9;CH=5H985ACIBHG:CF957

 C<232(B/BCA .<95ACIBHGG

.3/@<232313;03@ 7<;7::7=

 .<95ACIBHGG

.3/@<232313;03@ 7<;7::7=

.<969B9:=HC6@=;5H=CBK5G=AD57H986M57HI5F=5@@CGG9GC:A=@@=CB5B8A=@@=CB8IF=B;H<9M95FG9B898 979A69F 5B8 F9GD97H=J9@M DF=A5F=@M8I9HC7<5B;9G=BH<98=G7CIBHF5H9GIG98HCA95GIF9H<969B9:=H C6@=;5H=CB

 .<9DFC>97H9869B9:=HC6@=;5H=CBU*)V 577IAI@5H9869B9:=HC6@=;5H=CBU)V 5B8:5=FJ5@I9C:D@5B5GG9HG:CF D9BG=CBD@5BGK=H<577IAI@5H9869B9:=HC6@=;5H=CBG=B9L79GGC:D@5B5GG9HG5B8K=H

* ( %:/

9B9:=H7CGHGDF9G9BH9869@CKK9F989H9FA=B9865G98CB57HI5F=5@A9H

* ( %:/

#=<* ( %:/

)H<9FDCGHF9H=F9A9BH69B9:=HC6@=;5H=CBGK9F95DDFCL=A5H9@MA=@@=CB5B8A=@@=CB5H979A69F 5B8 F9GD97H=J9@M LD9F=9B79;5=BG5B8@CGG9G 5GK9@@5GH<99::97HGC:7<5B;9G=B57HI5F=5@5GGIADH=CBG5B8D@5BDFCJ=G=CBG5F9F97C;B=N98 =BCH<9F7CADF9<9BG=J9=B7CA9 IAI@5H=J9;5=BG5B8@CGG9G=B9L79GGC:C:H<9*):CF5D5FH=7I@5FD@5B5F95ACFH=N98 CJ9FH<95J9F5;9:IHIF9G9FJ=79D9F=C8C:H<99AD@CM99G=BH<5HD@5B

 .<9DF=B7=D5@5GGIADH=CBGIG98HC89H9FA=B9H<9D9BG=CB9LD9BG95B8H<957HI5F=5@J5@I9C:H<9DFC>97H9869B9:=H C6@=;5H=CB:CFH<9/ - 5B8BCB / - D9BG=CBD@5BGK9F9

AAC;>B7=

AAC;>B7=3

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

;>/1B=< 6/<537<AAC;>B7=< %33/1B=<%$ 65G=GDC=BHU6DV897F95G9=B8=G7CIBHF5H9 A=@@=CB A=@@=CB 6D=B7F95G9=B8=G7CIBHF5H9 A=@@=CB A=@@=CB 6D897F95G9=B@CB; H9FA9LD97H98F9HIFBCB5GG9HG A=@@=CB T 6D=B7F95G9=B@CB; H9FA9LD97H98F9HIFBCB5GG9HG A=@@=CB T

.<956CJ9G9BG=H=J=H=9GF9:@97HH<99::97HC:7<5B;=B;CB95GGIADH=CB5H5H=A9 #HGCFF9GHFI7HIF=B; DFC;F5AG

 %3

%@=831B32%3

DH=J5BH=7=D5H9GA5?=B;D9BG=CB7CBHF=6IH=CBG5B869B9:=HD5MA9BHGC:5DDFCL=A5H9@MA=@@=CB=B DH=JGDCBGCFG89:=B987CBHF=6IH=CBD@5BG:CF79FH5=B

%:/<AA3BA 9FH5=BD9BG=CBD@5BGGDCBGCF986MDH=J=BJ9GH=B58=J9FG=:=98DCFH:C@=C7CBG=GH=B;C:5B5FF5MC:5GG9H7@5GG9GH<5H 5HH9ADHGHCA5L=A=N9F9HIFBGK<=@9A=B=A=N=B;JC@5H=@=HM .<9G95GG9H7@5GG9G=B7@I8989J9@CD98A5F?9H9EI=H=9G 9A9F;=B; A5F?9H9EI=H=9G DF=J5H99EI=HM ;@C65@<=;

/7@+/:C3"3/AC@3;3CBA *<=0A3@D/0:3<>CBA AA3B/B35=@G )=B/: !3D3: !3D3: !3D3: 7<;7::7=

 /7@+/:C3"3/AC@3;3CBA *<=0A3@D/0:3<>CBA AA3B/B35=@G )=B/: !3D3: !3D3: !3D3: 7<;7::7=

C@@CK=B;=G589G7F=DH=CBC:H<9J5@I5H=CBA9H

 /7@+/:C3"3/AC@3;3CBA!3D3: '3/:AB/B3 

 $"")"#)(#$#)##(

$@2797HHCJ5F=CIG@9;5@57H=CBG5B87@5=AG=B7=89BH5@HC=HG6IG=B9GG =B7@I8=B;H

97HHCH<9F9EI=F9A9BHGC:/ - :989F5@ GH5H9 @C75@5B8BCB / - 9BJ=FCBA9BH5@5B8G5:9HM5B8<95@H<@5KG 5B8F9;I@5H=CBG GC:979A69F 5B8 H<9IB8=G7CIBH98F9G9FJ9:CF9BJ=FCBA9BH5@=BJ9GH=;5H=CB5B8F9A98=5H=CB K5G5DDFCL=A5H9@MA=@@=CBK<=7

 #$")-( #B7CA969:CF9=B7CA9H5L9G5B89EI=HM=B7CA9:CF/ - 5B8BCB / - CD9F5H=CBG5F95G:C@@CKG

.3/@<232313;03@ 7<;7::7=

.<9DFCJ=G=CB69B9:=H:CF=B7CA9H5L9G=G7CADF=G98C:

.3/@<232313;03@ 7<;7::7=

5G

.3/@<232313;03@ 7<;7::7=IGHA9BHG .CH5@=B7CA9H5L9LD9BG9 ::97H=J9H5LF5H9 

.<9CAD5BMXGH5LF5H9=G5::97H986MH<9:57HH<5H=HGD5F9BH9BH=HMK5G:CFA9F@M5/ % F9G=89BHH5LD5M9F5B86975A95B #F=GIF=G8=7H=CBG=BK<=7

H<9F9@5H=J95ACIBHC:=B7CA995FB986M>IF=G8=7H=CB5B8H<9F9@5H=J95ACIBHC:@CGG9GCF=B7CA9:CFK<=7IF=G8=7H=CBGK<9F95J5@I5H=CB5@@CK5B79<5G699BF97CF898 .<9CAD5BM7IFF9BH@M69B9:=HG:FCAH5LIF=G8=7H=CBGK=H<9LD=F5H=CB85H9G:FCAHIGHA9BHG 7<5B;9G=BJ5@I5H=CB5@@CK5B79G5B8H<9H5L=AD57HC:79FH5=B=BHF5;FCIDF9CF;5B=N5H=CBGA95BHHCGHF95A@=B95B8 G=AD@=:MH<9CAD5BMXGCD9F5H=B;5B8@9;5@GHFI7HIF9 K<=7C=BH J9BHIF9 .<9H5L9LD9BG95GGC7=5H98K=HIF=G8=7H=CB:FCAK<=7IGHA9BHG .<9CAD5BM5@GC577FI98A=@@=CBC:F9G9FJ958>IGHA9BHG:CFIB79FH5=BH5L DCG=H=CBG K<=7<=B7@I898F9G9FJ9G:CFCB;C=B;5I8=HG=B:CF9=;B>IF=G8=7H=CBG 5GK9@@5G:CF7<5B;9G=B9GH=A5H9G65G98CB F9@9J5BHB9KCF588=H=CB5@9J=89B79C6H5=B98F9@5H98HC79FH5=BC:H<9CAD5BMXGH5LDCG=H=CBG =B7@I8=B;H5L5IHIGHA9BHHCH<9DFCJ=G=CB5@9::97HGC:H<99B57HA9BHC:.<9.5LIHG5B8$C6G7HH<9U.5L&9;=G@5H=CBV5B8H<9=B7CA9H5L 9LD9BG9F97CF8985G5F9GI@HC:H<9=BHF5 9BH=HMHF5BG:9FC:=BH9@@97HI5@DFCD9FHM 5G89G7F=69869@CK D5FH=5@@MC::G9H6M:5JCF56@9 ;9C;F5D<=7=B7CA9A=L=B5G7CAD5F98HC DF=A5F=@M8I9HC7<5B;9G=BH<9IB89F@M=B;CD9F5H=CBGC:H<96IG=B9GG .<9CAD5BM5@GC577FI98A=@@=CBC:F9G9FJ958>IGHA9BHG:CFIB79FH5=BH5LDCG=H=CBG K<=7<=B7@I898F9G9FJ9G:CFCB;C=B; 5I8=HG=B:CF9=;B>IF=G8=7H=CBG 5GK9@@5G:CF7<5B;9G=B9GH=A5H9G65G98CBF9@9J5BHB9KCF588=H=CB5@9J=89B79C6H5=B98F9@5H98 HC79FH5=BC:H<9CAD5BMXGH5LDCG=H=CBG =B7@I8=B;H5L5IHIGHA9BHGHCH<9DFCJ=G=CB5@5ACIBHGF97CF8986MH<9CAD5BM5GC:979A69F =89BH=:=98K=H<=B5GI6G9EI9BHA95GIF9A9BHD9F=C8C:IDHCCB9M95F:FCAH<99B57HA9BH85H9K9F9=B7@I898 5G8=G7IGG98 56CJ9 5G5B58>IGHA9BHHCH5L9LD9BG9=BH<9D9F=C8H<95ACIBHGK9F989H9FA=B98 IF=B; H<9/ - .F95GIFM9D5FHA9BH 5B8H<9#BH9FB5@,9J9BI9-9FJ=79U#,-V=GGI98588=H=CB5@;I=85B79 D5FH=7I@5F@MK=HIGHA9BHHCH<9DFCJ=G=CB5@5ACIBHGF97CF8985GC: 979A69F DF=A5F=@MF9@5H98HC5F98I7H=CBC:CIF:CF9=;BH5L7F98=H5G5F9GI@HC:F979BH@M=GGI98F9;I@5HCFM;I=85B79 @GC5G5F9GI@HC:H<99B57HA9BHC:H<9.5L&9;=G@5H=CB H<9CAD5BMF97@5GG=:=98A=@@=CB:FCA577IAI@5H98)#HCF9H5=B98 95FB=B;G =B577CF85B79K=H<-/ K<=7IGHA9BHG69MCB8H<95ACIBHG 89G7F=69856CJ9 .<9.5L&9;=G@5H=CB5@GC7F95H985DFCJ=G=CB?BCKB5G!@C65@#BH5B;=6@9&CK .5L98#B7CA9U!#&.#VH<5H=ADCG9G5 H5LCB79FH5=B95FB=B;GC::CF9=;BGI6G=8=5F=9G / - !*5@@CKG7CAD5B=9GHCA5?95B577CIBH=B;DC@=7M9@97H=CBHC9=H<9F F97C;B=N989:9FF98H5L9G:CFH9ADCF5FM65G=G8=::9F9B79G9LD97H98HCF9J9FG95G!#&.#=B:IHIF9M95FGCFHCDFCJ=89:CFH<9H5L 9LD9BG9F9@5H98HC!#&.#=BH<9M95FH<9H5L=G=B7IFF98 19<5J99@97H98HC577CIBH:CF!#&.#=BH<9M95FH<9H5L=G=B7IFF98 G89G7F=69856CJ9 79FH5=BC:H<9CAD5BMXG<=B9G9GI6G=8=5F=9G69B9:=H:FCA5F98I7987CFDCF5H9=B7CA9H5LF5H95G5 F9GI@HC:H<9=F"(. GH5HIG DH=JF9;I@5F@MGI6A=HG5DD@=75H=CBGHCF95DD@M:CF"(. GH5HIG5GH<9M9LD=F9 .<9CAD5BM 69@=9J9G957

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

343@@32<1=;3)/F3A .<9CAD5BM577CIBHG:CF=B7CA9H5L9G5B8H<9F9@5H98577CIBHGIB89FH<9@=56=@=HMA9H

313;03@ 7<;7::7=

,9:@97HG;FCGG5ACIBH69:CF9>IF=G8=7H=CB5@B9HH=B;C:89:9FF98H5L5GG9HG5B8@=56=@=H=9G 9:9FF98H5L5GG9HG5B8@=56=@=H=9G5F97@5GG=:=985G@CB; H9FA=BH<97CBGC@=85H9865@5B79G<99HG (9H89:9FF98H5L5GG9HG 5B8@=56=@=H=9G5F9=B7@I898=BH<97CBGC@=85H9865@5B79G<99HG5G:C@@CKG

313;03@ 7<;7::7=

.<9B9H89:9FF98H5L@=56=@=HMC:A=@@=CB5GC:979A69F 5F9DF=A5F=@M7CADF=G98C:89:9FF98H5L@=56=@=H=9G=B -CIH<%CF95 $5D5B <=B55B8-=B;5DCF9C::G9H6M89:9FF98H5L5GG9H5ACIBHGDF=A5F=@M=B'9L=7C !9FA5BM5B8H<9/ %

 #3B$>3@/B7<5!=AA/<2)/F@327B/@@G4=@E/@2A GC:979A69F H<9CAD5BM<5G;FCGG89:9FF98H5L5GG9HGC:5DDFCL=A5H9@MA=@@=CB:CFBCB / - B9H CD9F5H=B;@CGGU()&V75FFM:CFK5F8GK=H

C;C:/B7D3*<27AB@70CB32=@375</@<7<5A (C=B7CA9H5L9G<5J9699BDFCJ=898CB=B89:=B=H9@MF9=BJ9GH9895FB=B;GC:79FH5=B:CF9=;BGI6G=8=5F=9G5H979A69F 1=H<

*<13@B/7<)/F%=A7B7=

.3/@<232313;03@ 7<;7::7=

DCFH=CBC:H<9CAD5BMXGIBF97C;B=N98H5L69B9:=HGKCI@8 =:F97C;B=N98 F98I79=HG9::97H=J9H5LF5H9 .<9F9A5=B=B; IBF97C;B=N98H5L69B9:=HGF9@5H9HCH5LDCG=H=CBGH<5H =:F97C;B=N98 KCI@8F9GI@H=B5BC::G9HH=B;7<5B;9=BJ5@I5H=CB5@@CK5B79 5B8:CFK<=7IF=G8=7H=CBG5B8=GGI6>97HHC9L5A=B5H=CB6MH5L=B;5IHIF=G8=7H=CBGG=;B=:=75BHHCDH=J=B7@I895F658CG <=B5 !9FA5BM #F9@5B8 &IL9A6CIF; '9L=7C -CIH< %CF95 H<9/ % 5B8H<9/ - )D9BH5LM95FGF9@5H98HCH<9G9H5L=B;>IF=G8=7H=CBGF9A5=BGI6>97HHC9L5A=B5H=CB5B87CI@8F9GI@H

=B588=H=CB5@H5L@=56=@=H=9G #B;9B9F5@ H<9CAD5BMXG5::=@=5H9G5F9BC@CB;9FGI6>97HHC=B7CA9H5L9L5A=B5H=CBG6M:CF9=;BH5L 5IHIF=G8=7H=CBG7CI@8=AD57HH<9CAD5BMXGIBF97C;B=N98H5L69B9:=HG F9J9FG5@ C:5DDFCL=A5H9@MA=@@=CB=GF95GCB56@MDCGG=6@9=BH<9B9LHACBHIF=G8=7H=CBG

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

#3B<1=;3%3@(6/@3 5G=7B9H=B7CA9D9FG<5F9=G7CADIH986M8=J=8=B;B9H=B7CA95HHF=6IH56@9HCCF8=B5FMG<5F9

 ',0./;,+=,9(.,#/(9,: .<9:C@@CK=B;H56@9=@@IGHF5H9GB9H=B7CA9D9FG<5F95HHF=6IH56@9HCCF8=B5FMG<5F9

.3/@<232313;03@ 7<;7::7=B>3@A6/@32/B/ (IA9F5HCF 65G=7 (9H=B7CA95HHF=6IH56@9HCCF8=B5FMG<5F9

(9H=B7CA9D9FG<5F95HHF=6IH56@9HCCF8=B5FMG<5F9

 .<9CAD5BM<5G9L7@I898H<9=AD57HC:H<9'*-8=J=89B8G:CFH<9M95F9B898979A69F 5GH<95GGIA987CBJ9FG=CBC:H<9'*-=BHC CF8=B5FMG<5F9GCB5K9=;

(6/@3'3>C@16/A3%@=5@/;A #BDF=@ H<9C5F8C:=F97HCFG5IH

.3/@<232313;03@ .CH5@BIA69FC:G<5F9GF9DIF7<5G98 J9F5;9DF=79D5=8D9FG<5F9 .CH5@=BA=@@=CBG 

 7D723<2A .<9CAD5BM<5G897@5F985B8D5=875G<8=J=89B8GD9FCF8=B5FM5B8DF9:9FF98G<5F98IF=B;H<9D9F=C8GDF9G9BH985G :C@@CKG

$@27

/B89FH<9H9FAGC:H<9'5MA9B8A9BHHCH<9F98=H;F99A9BH H<9CAD5BM=GF9GHF=7H98:FCAH<9D5MA9BHC: :IFH<9FCF8=B5FMG<5F975G<8=J=89B8G:CF5G5@CB;5GH<9CJ9B5BH,9@=9:*9F=C8F9A5=BG=B9::97H 5G:IFH<9F89G7F=698=B(CH9 96H 88=H=CB5@@M H<9CAD5BM8C9GBCH5BH=7=D5H9A5?=B;:IFH<9FCF8=B5FMG<5F975G<8=J=89B8D5MA9BHG IBH=@GI7

 #(#*"*!)$)'$"%'#(+#$"!$(( .<97<5B;9G=B577IAI@5H98CH<9F7CADF9<9BG=J9=B7CA9@CGG5HHF=6IH56@9HCDH=JB9HC:H5L5F9G

.3/@<232313;03@ 7<;7::7=IGHA9BH:CFH<9M95F 5@5B795H9B8C:M95F 

/7

%3=AB@3B7@3;3:/

11C;C:/B32=B63@1=;>@363

 ,97@5GG=:=75H=CBG:FCA577IAI@5H98CH<9F7CADF9<9BG=J9=B7CA9@CGGHC=B7CA9K9F95G:C@@CKG

'31:/AA7471/B7=<$CB=411C;C:/B32$B63@=;>@363@363=<33@/B7=

%3=AB@3B7@3;3:/

)=B/:@31:/AA7471/B7=

 '+)+(##)+)( /A6:=E3253A DH=J=G9LDCG98HCA5F?9HF=G? GI7<5G:@I7HI5H=CBG=B:CF9=;B7IFF9B7M9L7<5B;9F5H9G 7CAAC8=HMDF=79G5B87<5B;9G =B=BH9F9GHF5H9G K<=7

#=B7=>@=F7;/B3 =;;=27BG 32532 "3/AC@3 *(?C7D/:3

 #=B7=>@=F7;/B3 =@375<C@@3<1G 32532 "3/AC@3 *(?C7D/:3

GC:979A69F DH=J<5G9BH9F98=BHC89F=J5H=J9=BGHFIA9BHGHC<98;975G<:@CKG9LH9B8=B;CIHHC979A69F !5=BG5B8@CGG9GCB89F=J5H=J9GEI5@=:M=B;5G75G<:@CK<98;9G5F9F97CF898=B577IAI@5H98)# HCH<99LH9BHH<5H <98;9G5F99::97H=J9 IBH=@H<9IB89F@M=B;HF5BG57H=CBG5F9F97C;B=N98=B95FB=B;G /BF95@=N985ACIBHG=B577IAI@5H98)#K=@@ :@I7HI5H965G98CB7<5B;9G=BH<9:5=FJ5@I9C:<98;989F=J5H=J97CBHF57HG5H957IGHA9BHG5F9 F9EI=F98HC69F97@5GG=:=98 IGI5@@MIDCBG5@9CF@=EI=85H=CBC:H<9=BJ9GHA9BH 5G<:@CKG:FCA89F=J5H=J9G89G=;B5H985GB9H =BJ9GHA9BH<98;9G5F97@5GG=:=985G=BJ9GH=B;57H=J=H=9GK=H<=BH<97CBGC@=85H98GH5H9A9BHGC:75G<:@CKG -=B79 H<9CAD5BM<5G9BH9F98=BHC5G9F=9GC::CFK5F87CBHF57HG 957IGHA9BH7CADCB9BHC:)# #B7@I898=B577IAI@5H98)#F9@5H98HCH<9G9B9H=BJ9GHA9BH<98;9GK9F97IAI@5H=J9@CGG9GC:A=@@=CB5GC:979A69F 5B8A=@@=CB5GC:979A69F 3@7D/B7D3A#=B3A75IB7H=CBK=H

:5=FJ5@I9C:H<9:CFK5F8GK9F9F97C;B=N98=BCH<9F=B7CA99LD9BG9 B9H IF=B;H<9M95F9B898979A69F H<9 7<5B;9=B:5=FJ5@I9F9GI@H98=B5DF9 H5L;5=BC:A=@@=CB =B7@I898K=H<=BCH<9F=B7CA9 B9H=BH<97CBGC@=85H98GH5H9A9BHGC: CD9F5H=CBG #B7CB>IB7H=CBK=H

#3B;=C

3@7D/B7D3A<=B23A75

#3B;=C

3@7D/B7D3A<=B23A75

9F=J5H=J9=BGHFIA9BHGK=H<=BH<=G75H9;CFM5F9GI6>97HHCA5GH9FB9HH=B;5FF5B;9A9BHG5B85F9DF9G9BH98CB5B9H65G=G=BH<97CBGC@=85H9865@5B79G<99HG=B 577CF85B79K=H<577CIBH=B;;I=85B79F9@5H98HCH<9C::G9HH=B;C:5ACIBHGF9@5H98HC79FH5=B7CBHF57HG

 .<9:5=FJ5@I9C:DH=JXG89F=J5H=J9:=B5B7=5@=BGHFIA9BHGK5G=B5B9H5GG9HDCG=H=CB5GC:979A69F 5B8 4431B=43@7D/B7D3A=3@/B7=@363

/7

/7<'31=5<7H32 7<<1=;3 7<;7::7=

!=AA/7< /7

/7<'31=5<7H32 7<<1=;3 7<;7::7=

/7

 /7<'31=5<7H32 7<<1=;3 7<;7::7=

.<9;5=BCF@CGGF97C;B=N98=B=B7CA9:CF89G=;B5H985B8BCB 89G=;B5H9889F=J5H=J9=BGHFIA9BHGK5GF97CF898HC7CGHC: G5@9G5B8CH<9F=B7CA99LD9BG9 B9H=BH<97CBGC@=85H98GH5H9A9BHGC:CD9F5H=CBG:CFH<9M95FG9B898979A69F 5B8

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

GC:979A69F 5B8 DH=JK5G=B5B9H89F=J5H=J95GG9HDCG=H=CBC:A=@@=CB5B8A=@@=CB F9GD97H=J9@M 5B8BCG=;B=:=75BH58>IGHA9BHGK9F9F97CF898:CFBCBD9F:CFA5B79F=G?65G98CBH<95DD@=75H=CBC:D99F7CAD5B=9GX -F5H9G 9J5@I5H=CBC:CIFCKBBCBD9F:CFA5B79F=G?5B86975IG9DH=JXG9LDCGIF9GK9F9HC7CIBH9FD5FH=9GK=H<=BJ9GHA9BH ;F5897F98=HF5H=B;G ,9:9FHC(CH9 9F=J5H=J9G5B8"98;=B;7H=J=H=9G:CF:IFH<9F=B:CFA5H=CBF9;5F8=B;89F=J5H=J9G 65;05.,5;*65:0+,9(;065T.<9@=56=@=HM:CF7CBH=B;9BH7CBG=89F5H=CB=G9GH=A5H985GC:H<985H9C:H<957EI=G=H=CB5B8=G F97CF8985GD5FHC:H<9DIF7<5G9DF=79 5B8=GGI6G9EI9BH@MF9 A95GIF98HC:5=FJ5@I95H957IGHA9BHGHCH<9:5=FJ5@I9 A95GIF9A9BHG5GF9EI=F986M:57HG5B87=F7IAGH5B79G GC:979A69F H<9CAD5BM<5G89H9FA=B98H<5H5@@95FB CIH DFCJ=G=CBG<5J9699B57<=9J98IB89F9L=GH=B;5;F99A9BHG GC:979A69F 5B8 H<9@=56=@=HM:CF7CBH=B;9BH7CBG=89F5H=CBK5GA=@@=CB7@5GG=:=98K=H<=B7IFF9BH @=56=@=H=9G5B8A=@@=CBC:K<=7<A=@@=CBK5G7@5GG=:=98K=H<=BCH<9F7IFF9BH@=56=@=H=9G5B8A=@@=CBK5G7@5GG=:=98 K=H<=BCH<9F@CB; H9FA@=56=@=H=9G F9GD97H=J9@M F9DF9G9BH=B;H<9A5L=AIAF9EI=F985ACIBHGHC69D5=8IB89F9L=GH=B; 5;F99A9BHG 8>IGHA9BHGHCH<=G@=56=@=HM:CF=BH9F9GH577F9H=CB5F9F97C;B=N98=B=BH9F9GH9LD9BG9 5B85BMCH<9F7<5B;9G=BH<9 :5=FJ5@I9C:H<=G@=56=@=HM5F9F97C;B=N98K=H<=BCH<9F=B7CA99LD9BG9 B9H=BH<97CBGC@=85H98GH5H9A9BHGC:CD9F5H=CBG .<97<5B;9G=BH<97CBH=B;9BH7CBG=89F5H=CB@=56=@=HM7@5GG=:=985G5&9J9@A95GIF9A9BH:CFH<9M95FG9B898 979A69F 5B8K9F95G:C@@CKG

.3/@<232313;03@ 7<;7::7=

#B577CF85B79K=H<9L=GH=B;5;F99A9BHG H<9CAD5BMK5GF9EI=F98HC89DCG=HA=@@=CBF9@5H98HCH<97CBH=B;9BH 7CBG=89F5H=CB@=56=@=HM=BHC5B9G7FCK577CIBHC:K<=7<A=@@=CBK5G89DCG=H98=BH<9G97CB8EI5FH9FC:5B8 A=@@=CBK5G89DCG=H98=BH<9:=FGHEI5FH9FC: 77CF8=B;@M A=@@=CB5B8A=@@=CBK9F97@5GG=:=985GF9GHF=7H98 75G<=BH<97CBGC@=85H9865@5B79G<99HG5GC:979A69F 5B8 F9GD97H=J9@M .<9F9A5=B=B;DCFH=CBC:H<9 7CBH=B;9BH7CBG=89F5H=CB@=56=@=HM=GF9EI=F98HC6989DCG=H98=BHCH<99G7FCK577CIBH=BH<9:=FGHEI5FH9FC:5B85@@5ACIBHG 5F95BH=7=D5H98HC69F9@95G98:FCAH<99G7FCK577CIBH=BH<9:CIFH

&C=B32%@713A7< (75<7471/CBA *<=0A3@D/0:3<>CBA )=B/: !3D3: !3D3: !3D3: 7<;7::7=

 GC:979A69F 5B8 DH=J<58H<9:C@@CK=B;@=56=@=H=9GA95GIF985H:5=FJ5@I9CB5F97IFF=B;65G=G

&C=B32%@713A7< (75<7471/CBA *<=0A3@D/0:3<>CBA )=B/: !3D3: !3D3: !3D3: 7<;7::7=

65+,90=(;0=,-05(5*0(305:;9<4,5;:TDH=JXGBCB 89F=J5H=J9:=B5B7=5@=BGHFIA9BHG=B7@I8975G<5B875G<9EI=J5@9BHG 577CIBHG5B8BCH9GF979=J56@9 577CIBHGD5M56@9 5GK9@@5G896H K<=7<7CBG=GHGC:=HG577CIBHGF979=J56@9:57HCF=B; 5FF5B;9A9BH :=B5B79@95G9G5B8CH<9F896H=GGI986MDH=JXGBCB / - GI6G=8=5F=9G H<9,9JC@J=B;F98=H 57=@=HM H<9.F5B7<9 .9FA&C5B5B85@@G9F=9GC:CIHGH5B8=B;G9B=CFBCH9G .<9:5=FJ5@I9C:896H=G65G98CBEICH98A5F?9HDF=79G:CF=BGHFIA9BHG K=H

/7@+/:C3"3/AC@3;3

 $)'#$"#) )H<9F=B7CA99LD9BG9 B9H=B7@I898

.3/@<232313;03@ 7<;7::7=IGHA9BH T T )H<9F B9H )H<9F=B7CA9 B9H T 

G:IFH<9F8=G7IGG98=B(CH9 #BJ9GHA9BHG=B::=@=5H9G 8IF=B;H<9M95F9B898979A69F DH=JF97CF8985 DF9 H5LIBF95@=N98;5=BC:A=@@=CBF9@5H98HC=B7F95G9G=B:5=FJ5@I9C:=HG9EI=HM=BJ9GHA9BHGK=HIB7H=CBK=H

&*()$#(#+())*'(

1?C7A7B7=<=4G

 ::,;:(*8<09,+(5+30()030;0,:(::<4,+

*IF7<5G9DF=79 75G<7CBG=89F5H=CB B9HC:75G<57EI=F98

#BH5B;=6@95GG9HG )H<9F5GG9HG B9H #89BH=:=56@9B9H5GG9HG57EI=F98 !CC8K=@@F9GI@H=B;:FCADIF7<5G9 .CH5@DIF7<5G9DF=795@@C75H=CB 

#BH5B;=6@95GG9HGDF=A5F=@M=B7@I895ACIBHGF97C;B=N98:CFH<9:5=FJ5@I9C:7IGHCA9F 65G985GG9HG K<=7IGHA9BHGA589HCH<9 DIF7<5G9DF=79 588=H=CB5@=B:CFA5H=CBC6H5=B98F9;5F8=B;@=56=@=H=9G5GGIA98 =B7@I8=B; 6IHBCH@=A=H98HC 7CBH=B;9BH@=56=@=H=9G F9J=G=CBGC:DFCJ=G=CB5@9GH=A5H9GC::5=FJ5@I9G =B7@I8=B; 6IHBCH@=A=H98HC H<97CAD@9H=CBC:=B89D9B89BH5DDF5=G5@G5B8 J5@I5H=CBGF9@5H98HCDFCD9FHM D@5BH5B89EI=DA9BH5B8=BH5B;=6@95GG9HG 5B879FH5=BH5L5HHF=6IH9G .<9DFC:CFA59::97HGC:H<=G57EI=G=H=CBKCI@8BCHA5H9F=5@@M=AD57HH<9CAD5BMXGF9DCFH98F9GI@HG:CF5BMD9F=C8 DF9G9BH98 5B85G5F9GI@HBCDFC:CFA5:=B5B7=5@GH5H9A9BHGK9F9DF9G9BH98 1?C7A7B7=<=45/0=(GAB3;B316<79;0 )B(CJ9A69F DH=J57EI=F98C:H<99EI=HM=BH9F9GHGC:;56C-MGH9AH97IGHA9BHG:FCAH<95ACIBHGDF9J=CIG@M8=G7@CG98 .<9G958>IGHA9BHGK9F9BCH G=;B=:=75BH:CF5BMD9F=C8DF9G9BH985:H9FH<957EI=G=H=CB85H9 .<9:=B5@DIF7<5G9DF=795B8F9@5H985@@C75H=CBHCH<957EI=F98B9H 5GG9HGC:;56C7CA65G98CBH<9=F9GH=A5H98:5=FJ5@I9G=GG

*IF7<5G9DF=79 75G<7CBG=89F5H=CB B9HC:75G<57EI=F98

*FCD9FHM D@5BH5B89EI=DA9BH #BH5B;=6@95GG9HG )H<9F@=56=@=H=9G B9H #89BH=:=56@9B9H5GG9HG57EI=F98 !CC8K=@@F9GI@H=B;:FCADIF7<5G9 .CH5@DIF7<5G9DF=795@@C75H=CB

#BH5B;=6@95GG9HG=B7@I89A=@@=CBF97C;B=N98:CFH<9:5=FJ5@I9C:7IGHCA9F 65G985GG9HGK=H<9GH=A5H98IG9:I@@=J9GC: 5DDFCL=A5H9@MM95FG5B8A=@@=CBF97C;B=N98:CFH<9:5=FJ5@I9C:H<957EI=F98HF589B5A9 K<=7<<5G5B9GH=A5H98IG9:I@ @=:9C:5DDFCL=A5H9@MM95FG .<99GH=A5H98:5=FJ5@I9C:H<9G95GG9HGK5G65G98CBH<=F8 D5FHMJ5@I5H=CBG5B8A5B5;9A9BHXG 9GH=A5H9G ;9B9F5@@MIH=@=N=B;=B7CA95B8A5F?9H5DDFC57<9G !CC8K=@@F97C;B=N98=BH<=GHF5BG57H=CB=GDF=A5F=@M5HHF=6IH56@9HC GMB9F;=9G9LD97H98HC5F=G95:H9FH<957EI=G=H=CB5B8H<95GG9A6@98KCF?:CF79C:;56C7CA 5B8=GBCH898I7H=6@9:CFH5L DIFDCG9G .<9DFC:CFA59::97HGC:H<=G57EI=G=H=CBKCI@8BCHA5H9F=5@@M=AD57HH<9CAD5BMXGF9DCFH98F9GI@HG:CF5BMD9F=C8 DF9G9BH98 5B85G5F9GI@HBCDFC:CFA5:=B5B7=5@GH5H9A9BHGK9F9DF9G9BH98

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

*IF7<5G9DF=79 75G<7CBG=89F5H=CB B9HC:75G<57EI=F98

#BH5B;=6@95GG9HG )H<9F5GG9HG B9H #89BH=:=56@9B9H5GG9HG57EI=F98 !CC8K=@@F9GI@H=B;:FCADIF7<5G9 .CH5@DIF7<5G9DF=795@@C75H=CB 

#BH5B;=6@95GG9HGDF=A5F=@M=B7@I895ACIBHGF97C;B=N98:CFH<9:5=FJ5@I9C:7IGHCA9F 65G985GG9HG K<=7IGHA9BHG:FCAH<95ACIBHGDF9J=CIG@M8=G7@CG98 .<9G958>IGHA9BHGK9F9BCH G=;B=:=75BH:CF5BMD9F=C8DF9G9BH985:H9FH<957EI=G=H=CB85H9 .<9:=B5@DIF7<5G9DF=795B8F9@5H985@@C75H=CBHCH<957EI=F98B9H 5GG9HGC:1=B7<9GH9F65G98CBH<9=F9GH=A5H98:5=FJ5@I9G=GG

*IF7<5G9DF=79 75G<7CBG=89F5H=CB B9HC:75G<57EI=F98

*FCD9FHM D@5BH5B89EI=DA9BH #BH5B;=6@95GG9HG )H<9F5GG9HG B9H #89BH=:=56@9B9H5GG9HG57EI=F98 !CC8K=@@F9GI@H=B;:FCADIF7<5G9 .CH5@DIF7<5G9DF=795@@C75H=CB #BH5B;=6@95GG9HG=B7@I89A=@@=CBF97C;B=N98:CFH<9:5=FJ5@I9C:7IGHCA9F 65G985GG9HGK=H<9GH=A5H98IG9:I@@=J9G C:5DDFCL=A5H9@MM95FG A=@@=CBC:H97

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

*IF7<5G9DF=79 75G<7CBG=89F5H=CB B9HC:75G<57EI=F98 96H5B8D9BG=CB@=56=@=H=9G5GGIA98 .CH5@7CBG=89F5H=CB B9HC:75G<57EI=F98

*FCD9FHM D@5BH5B89EI=DA9BH #BH5B;=6@95GG9HG )H<9F5GG9HG B9H #89BH=:=56@9B9H5GG9HG57EI=F98 !CC8K=@@F9GI@H=B;:FCADIF7<5G9 .CH5@DIF7<5G9DF=795@@C75H=CB #BH5B;=6@95GG9HGDF=A5F=@M=B7@I895ACIBHGF97C;B=N98:CFH<9:5=FJ5@I9C:7IGHCA9F 65G985GG9HG K<=7

('($"%#()$# !=<5)3@;<13(9+: )BDF=@ DH=J;F5BH98 ,-/GHCH<9C5F8C:=F97HCFG5H5;F5BH85H9:5=FJ5@I9C:5DDFCL=A5H9@M A=@@=CB .<9;F5BH85H9:5=FJ5@I9K5G89H9FA=B9865G98CBH<97@CG=B;DF=79C:H<9CAD5BMXGCF8=B5FMG<5F9GCBDF=@ .<9,-/GJ9GH98CBDF=@ 5B8 CF8=B5FMG<5F9G K<=7<=B7@I898G<5F9G=GGI98=B7CBB97H=CBK=H<

8=J=89B89EI=J5@9BHG K9F9=GGI98HCA9A69FGC:H<9C5F8C:=F97HCFG5H5:5=FJ5@I9C:5DDFCL=A5H9@MA=@@=CB CF8=B5FMG<5F9GK9F9K=H<<9@8HC7CJ9FK=H<(9+: DH=J<5GA5895BBI5@;F5BHGC:,-/GHC=HG9L97IH=J9G=B 96FI5FMC:957

"3B@71 @/

J9F5;9F9HIFBCBB9H5GG9HG=GA95GIF986MH5L 5::97H98CD9F5H=B;=B7CA98=J=8986M5J9F5;9B9HKCF?=B;75D=H5@D@IG5J9F5;9B9HDFCD9FHM D@5BH5B8 9EI=DA9BH:CF957<75@9B85FM95F8IF=B;H<9F9GD97H=J9D9F:CFA5B79D9F=C8 ,9@5H=J9HCH5@G<5F9

'(*A @/

.<9;F5BH85H9:5=FJ5@I9C:H<9,-/G=G89H9FA=B9865G98CBH<9H5F;9HBIA69FC:5K5F8G=GGI98 H<97@CG=B;DF=79C:H<9 CAD5BMXGCF8=B5FMG<5F9GCBH<985H9C:H<9;F5BHC:H<95K5F8 =B7@I8=B;5B9GH=A5H9:CF:CF:9=HIF9G 5B857CBH9ADCF5B9CIG J5@I5H=CBD9F:CFA986M5B=B89D9B89BHJ5@I5H=CBGD97=5@=GHK=H

#B 96FI5FM IB89FH<9H=A9 65G98J9GH=B;H9FAGC:H<9CIHGH5B8=B;5K5F8G CF8=B5FMG<5F9GK9F9=GGI98HC DH=J9AD@CM99G5H5:5=FJ5@I9C:5DDFCL=A5H9@MA=@@=CB C:K<=7< CF8=B5FMG<5F9GK9F9K=H<<9@8HC7CJ9F K=H<

,3756B32D3@/53 '(*A @/

GC:979A69F H<9F9K9F95DDFCL=A5H9@M DH=JD9F:CFA5B79 65G98,-/G K=H<5K9=;

("#)'%$')# DH=JCD9F5H9G=HG7CF96IG=B9GG5@CB;H<9:C@@CK=B;CD9F5H=B;G9;A9BHG K<=7<5F9;FCID98CBH<965G=GC:G=A=@5F DFC8I7H A5F?9H5B8CD9F5H=B;:57HCFG Q -=;B5@5B8*CK9F-C@IH=CBG K<=7<=B7@I89G7CAD@9H99@97HF=75@5F7<=H97HIF95B87CADCB9BHDFC8I7HG Q 8J5B798-5:9HM5B8/G9F LD9F=9B79 K<=7<=B7@I89G7CADCB9BH5B8GMGH9AG=BH9;F5H=CB9LD9FH=G9=B58J5B798 G5:9HM IG9F9LD9F=9B795B87CBB97H=J=HM5B8G97IF=HMGC@IH=CBG 5GK9@@5G58J5B798GC:HK5F989J9@CDA9BH5B8 5IHCBCACIG8F=J=B;H9797H7CGHGK<=7<=B7@I89G7CGHG=B7IFF98HC=BH9;F5H957EI=F986IG=B9GG9G5B8HCD@5B5B89L97IH9DFC8I7HDCFH:C@=C HF5BG:CFA5H=CB57H=CBG =B7@I8=B;6IG=B9GG5B8DFC8I7H57EI=G=H=CBG5B88=J9GH=HIF9G 5GG9H=AD5=FA9BHG ;5=BG@CGG9GCB 6IG=B9GG8=J9GH=HIF9G5B8CH<9FHF5BG57H=CBG5B889:9FF987CAD9BG5H=CBF9@5H98HC57EI=G=H=CBGU8>IGH98)D9F5H=B;#B7CA9V 5B8577CIBHG:CF=BH9F G9;A9BHG5@9G5B8HF5BG:9FG5G=:H<9G5@9GCFHF5BG:9FGK9F9HCH<=F8D5FH=9G 5H7IFF9BHA5F?9HDF=79G DH=JXGA5B5;9A9BHIH=@=N9G8>IGH98)D9F5H=B;#B7CA95GH<9?9MD9F:CFA5B79A95GIF9C:G9;A9BH=B7CA9CF@CGGHC9J5@I5H9 G9;A9BHD9F:CFA5B79 5B8:CFD@5BB=B;5B8:CF975GH=B;DIFDCG9GHC5@@C75H9F9GCIF79GHCH<9G9;A9BHG 5GA5B5;9A9BH69@=9J9G H<=GA95GIF9=GACGHF9:@97H=J9C:H<9CD9F5H=CB5@DFC:=H56=@=HMCF@CGGC:DH=JXGCD9F5H=B;G9;A9BHG -9;A9BH8>IGH98 )D9F5H=B;#B7CA9GIGH98)D9F5H=B;#B7CA9H<5H=GDF9D5F98=B577CF85B79K=HIGH98)D9F5H=B;#B7CA9 5G 89H9FA=B985B8A95GIF986MDH=J G

2D/<132 (753@73<13 /<2$B63@ )=B/: 7<;7::7=IGH98CD9F5H=B;=B7CA9 T )D9F5H=B;=B7CA9 T EI=HM=B7CA9@CGG B9HC:H5L T (9H=B7CA95HHF=6IH56@9HCBCB7CBHFC@@=B;=BH9F9GH T T 5D=H5@9LD9B8=HIF9G

2D/<132 (753@73<13 /<2$B63@ )=B/: 7<;7::7=IGH98CD9F5H=B;=B7CA9 T )D9F5H=B;=B7CA9 T EI=HM=B7CA9 B9HC:H5L T T (9H=B7CA95HHF=6IH56@9HCBCB7CBHFC@@=B;=BH9F9GH T T 5D=H5@9LD9B8=HIF9G

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

2D/<132 (753@73<13 /<2$B63@ )=B/: 7<;7::7=

@=A=B5H=CBG5B8)H<9F=B7@I89GH<99@=A=B5H=CBC:=BH9F G9;A9BHHF5BG57H=CBG #B7@I89G6=@@=CBK=H<=B8J5B798-5:9HM5B8/G9F LD9F=9B79:CFH<9DF9@=A=B5FM:5=FJ5@I9C:H<9=BJ9GHA9BH=BH<9'CH=CB5@5IHCBCACIG8F=J=B; >C=BHJ9BHIF9F98I7986M5B9EI=HM@CGG B9HC:H5L C:A=@@=CB:CFDH=JXGG<5F9C:H<9@CGG9GF97C;B=N986MH<9>C=BHJ9BHIF9GI6G9EI9BHHC=HG :CFA5H=CB=B'5F7<:CFH<9M95F9B898979A69F ,9:9FHC(CH9 "9@8:CF-5@9:CF588=H=CB5@=B:CFA5H=CB

.<9F97CB7=@=5H=CBC:8>IGH98)D9F5H=B;#B7CA9HCCD9F5H=B;=B7CA9=B7@I89G 5G5DD@=756@9 F9GHFI7HIF=B; CH<9F 57EI=G=H=CB5B8DCFH:C@=CDFC>97H7CGHGK<=7<=B7@I89G7CGHG=B7IFF98HC=BH9;F5H957EI=F986IG=B9GG9G5B8HCD@5B5B89L97IH9 DFC8I7HDCFH:C@=CHF5BG:CFA5H=CB57H=CBG =B7@I8=B;6IG=B9GG5B8DFC8I7H57EI=G=H=CBG5B88=J9GH=HIF9G 5GG9H=AD5=FA9BHG ;5=BG @CGG9GCB6IG=B9GG8=J9GH=HIF9G5B8CH<9FHF5BG57H=CBG5B889:9FF987CAD9BG5H=CBF9@5H98HC57EI=G=H=CBG .<9F97CB7=@=5H=CBGC: 8>IGH98)D9F5H=B;#B7CA9HCB9H=B7CA95HHF=6IH56@9HCDH=J:CFH<9M95FG9B898979A69F 5B85F95G :C@@CKG

2D/<132 (753@73<13 /<2$B63@ )=B/: 7<;7::7=IGH98CD9F5H=B;=B7CA9 T ,9GHFI7HIF=B; T )H<9F57EI=G=H=CB5B8DCFH:C@=CDFC>97H7CGHG T GG9H=AD5=FA9BHG T 9:9FF987CAD9BG5H=CBF9@5H98HC57EI=G=H=CBG T T )D9F5H=B;=B7CA9 T #BH9F9GH9LD9BG9 )H<9F=B7CA9 B9H #B7CA969:CF9=B7CA9H5L9G5B89EI=HM=B7CA9 #B7CA9H5L9LD9BG9 EI=HM=B7CA9 B9HC:H5L (9H=B7CA9 (9H=B7CA95HHF=6IH56@9HCBCB7CBHFC@@=B;=BH9F9GH (9H=B7CA95HHF=6IH56@9HCDH=J

2D/<132(/43BG (753@73<13 $B63@ )=B/: 7<;7::7=IGH98CD9F5H=B;=B7CA9 T ,9GHFI7HIF=B; T )H<9F57EI=G=H=CB5B8DCFH:C@=CDFC>97H7CGHG T GG9H=AD5=FA9BHG T 9:9FF987CAD9BG5H=CBF9@5H98HC57EI=G=H=CBG T T )D9F5H=B;=B7CA9 T #BH9F9GH9LD9BG9 )H<9F=B7CA9 B9H #B7CA969:CF9=B7CA9H5L9G5B89EI=HM=B7CA9 #B7CA9H5L9LD9BG9 EI=HM=B7CA9 B9HC:H5L (9H=B7CA9 (9H=B7CA95HHF=6IH56@9HCBCB7CBHFC@@=B;=BH9F9GH (9H=B7CA95HHF=6IH56@9HCDH=J

#B:CFA5H=CB7CB79FB=B;DF=B7=D5@;9C;F5D<=75F95G=GG9H:CFH<69@CK (9HG5@9GF9:@97HGH<9A5BI:57HIF=B;@C75H=CB5B8=G :CFH<9M95FG9B898979A69F 5B8 &CB; @=J985GG9HG=G5GC:979A69F 5B8

.3/@<232313;03@ .3/@<232313;03@ .3/@<232313;03@ !=<5!7D32 !=<5!7D32 !=<5!7D32 #3B(/:3A AA3BA #3B(/:3A AA3BA #3B(/:3A AA3BA 7<;7::7=

 #B7@I89GDFCD9FHM D@5BH5B89EI=DA9BH B9HC:577IAI@5H9889DF97=5H=CB5B8CD9F5H=B;@95G9F=;

 &*')'!.)*#*) .<9:C@@CK=B;=G57CB89BG98GIAA5FMC:H<9CAD5BMXGIB5I8=H98EI5FH9F@MF9GI@HGC:CD9F5H=CBG:CF:=G75@5B8 

)6@33"=B3;03@ 313;03@ )=B/: 7<;7::7=B>3@A6/@3/;=C

(9HG5@9G CGHC:G5@9G !FCGGA5F;=B )D9F5H=B;=B7CA9@CGG (9H=B7CA9@CGG (9H=B7CA9@CGG5HHF=6IH56@9HCDH=J (9H=B7CA9@CGG5HHF=6IH56@9HCCF8=B5FMG<5F9

(9HG5@9G CGHC:G5@9G !FCGGA5F;=B )D9F5H=B;=B7CA9 (9H=B7CA9 (9H=B7CA95HHF=6IH56@9HCDH=J (9H=B7CA95HHF=6IH56@9HCCF8=B5FMG<5F9

#BH<9G97CB8EI5FH9FC: ;FCGGA5F;=BK5G58J9FG9@M=AD57H987CAD5F98HCCH<9FEI5FH9FGDF9G9BH98DF=A5F=@M8I9HCH<958J9FG9=AD57HGC:H<9 )0# D5B89A=7 #BH<9:=FGHEI5FH9FC: DH=JF97CF8985DF9 H5L;5=BC: 6=@@=CBK=H<=B8J5B798-5:9HM5B8/G9F LD9F=9B79:CFH<97CAD@9H=CBC:H<9 'CH=CB5@5IHCBCACIG8F=J=B;>C=BHJ9BHIF9 5G:IFH<9F89G7F=698=B(CH9 "9@8 CF-5@9 #BH<9:CIFHIGHA9BHGA589HCH<9:=B5B7=5@D9F:CFA5B79H5F;9HG5GGC7=5H98K=H

 #BH<9:=FGHEI5FH9FC: DH=JF97CF8985DF9 H5LIBF95@=N98;5=BC:A=@@=CBF9@5H98HC=B7F95G9G=B:5=FJ5@I9C:=HG9EI=HM=BJ9GHA9BHGK=H

 !$'(!

CB=<=;=CA@7D7<5 =7C=BHJ9BHIF9 :C7IG98CBH<989G=;B 89J9@CDA9BH5B87CAA9F7=5@=N5H=CBC:5IHCBCACIG8F=J=B;H97C=BHJ9BHIF9CD9F5H9G ;@C65@@MIB89FH<9'CH=CB5@6F5B8B5A9 /B89FH<9H9FAGC:H<95;F99A9BH DH=J7CBHF=6IH98HCH<9>C=BHJ9BHIF95IHCBCACIG 8F=J=B;H97C=BHJ9BHIF95DDFCL=A5H9@M 6=@@=CB=B75G< 5@CB;K=HC=BHJ9BHIF9=G9LD97H98HC:IB85@@C:=HG:IHIF9CD9F5H=B;9LD9BG9G5B8=BJ9GHA9BHG=B 5IHCBCACIG8F=J=B;H97C=BHJ9BHIF9 :CFA5H=CB /DCB7@CG=B;C:H<9HF5BG57H=CB DH=J897CBGC@=85H98H<975FFM=B;J5@I9C:H<95GGC7=5H985GG9HG5B8@=56=@=H=9G 7CBHF=6IH98HCH<9>C=BHJ9BHIF9 DF9J=CIG@M7@5GG=:=985G<9@8:CFG5@9 5B8F97C;B=N985B5GG9HC:5DDFCL=A5H9@M6=@@=CB K=H<=B=BJ9GHA9BHG=B5::=@=5H9G=BH<97CBGC@=85H9865@5B79G<99H 65G98CBH<9DF9@=A=B5FM:5=FJ5@I9C:=HG=BJ9GHA9BH=BH<9 B9K@M:CFA98>C=BHJ9BHIF9 .<9CAD5BMF97C;B=N985DF9 H5L;5=BC:5DDFCL=A5H9@M 6=@@=CB=BH<97CBGC@=85H98 GH5H9A9BHC:CD9F5H=CBG5DDFCL=A5H9@M D9F8=@IH98G<5F9:CFH<9M95F9B898979A69F B9HC:HF5BG57H=CB7CGHG C:A=@@=CB 65G98CBH<98=::9F9B7969HK99BH<975FFM=B;J5@I9C:=HG7CBHF=6IH=CBHCH<9>C=BHJ9BHIF95B8H<9DF9@=A=B5FM :5=FJ5@I9C:=HG=BJ9GHA9BH=BH<99BH=HM .<99GH=A5H98:5=FJ5@I9C:DH=JXGCKB9FG<=D=BH9F9GH=BH<9>C=BHJ9BHIF9K5G 89H9FA=B98DF=A5F=@M65G98CBH<=F8 D5FHMJ5@I5H=CBG5B8A5B5;9A9BH9GH=A5H9G ;9B9F5@@MIH=@=N=B;=B7CA95B8A5F?9H 5DDFC57<9G 9H9FA=B=B;H<9:5=FJ5@I9C:H<9>C=BHJ9BHIF95B8H<9IB89F@M=B;5GG9HGF9EI=F9GH<9IG9C:A5B5;9A9BHXG >I8;A9BH5B8=BJC@J9GG=;B=:=75BH9GH=A5H9G5B85GGIADH=CBGK=H97H98;FCKHIGHA9BHGA5898I9HCH<9 7CAD@9H=CBC:=B89D9B89BH5DDF5=G5@G5B8J5@I5H=CBG .<99::97HGC:H<=GHF5BG57H=CBKCI@8BCHA5H9F=5@@M=AD57HH<9CAD5BMXG F9DCFH98F9GI@HG:CF5BMD9F=C8DF9G9BH98 5B8H<9HF5BG57H=CB8=8BCHA99HH<97F=H9F=5HC69F9:@97H985G58=G7CBH=BI98 CD9F5H=CB #B7CBB97H=CBK=HC=BHJ9BHIF9:CF5 D9F=C8C:IDHCACBHC=BHJ9BHIF9=G577CIBH98:CFIG=B;H<99EI=HMA9HC=BHJ9BHIF9 K<=7< K9F9F9DCFH98K=H<=BH<98J5B798-5:9HM5B8/G9F LD9F=9B79G9;A9BH A9HH<9<9@8:CFG5@97F=H9F=55GC:979A69F 77CF8=B;@M H<9<9@8:CFG5@95GG9HG5B8@=56=@=H=9GK9F9F97@5GG=:=98=BH<97CBGC@=85H9865@5B79G<99H5GC:979A69F HC7IFF9BH5GG9HG<9@8:CFG5@95B87IFF9BH@=56=@=H=9G<9@8:CFG5@9 F9GD97H=J9@M 5GH<97CBHF=6IH=CBC:GI7<5GG9HG5B8@=56=@=H=9GHC H<9>C=BHJ9BHIF9K5G9LD97H98HCC77IFK=H<=BCB9M95F /DCB89G=;B5H=CB5G<9@8:CFG5@9 H<9CAD5BM795G98F97CF8=B; 89DF97=5H=CBC:H<9<9@8:CFG5@95GG9HG

 .<9:C@@CK=B;H56@9GIAA5F=N9GH<975FFM=B;J5@I9C:H<9A5>CF7@5GG9GC:5GG9HG5B8@=56=@=H=9G<9@8:CFG5@9

313;03@ 

7<;7::7=

77CIBHGD5M56@9 77FI98@=56=@=H=9G &CB; H9FACD9F5H=B;@95G9@=56=@=H=9G )H<9F@=56=@=H=9G .CH5@@=56=@=H=9G<9@8:CFG5@9 

.<9DF9 H5L@CGG9GC:DH=JXG5IHCBCACIG8F=J=B;CD9F5H=CBG69=B;7CBHF=6IH98HCH<9>C=BHJ9BHIF9 =B7@I898K=H<=B DH=JXG7CBGC@=85H98CD9F5H=B;F9GI@HG K9F9A=@@=CB A=@@=CB5B8A=@@=CB:CFH<9M95FG9B898979A69F 5B8 F9GD97H=J9@M

 '+#*

,9J9BI9=GF97C;B=N98HC89D=7HH<9HF5BG:9FC:DFCA=G98;CC8GCFG9FJ=79GHC7IGHCA9FG=B5B5ACIBHH<5HF9:@97HGH<9 7CBG=89F5H=CBHCK<=7C=BH7CGHG5J=B;GH5F;9HG #BH<9G9=BGH5B79G F9J9BI9=GF97C;B=N9865G98CBH<95;F998 IDCBDF=795HH<9H=A9 C:G<=DA9BH -5@9G=B79BH=J9G5B85@@CK5B79G5F9F97C;B=N985G5F98I7H=CBHCF9J9BI95HH<9H=A9C:H<9F9@5H98G5@9 .5L9G5GG9GG986M 5;CJ9FBA9BH5@5IH

#/BC@3=4==2A/<2(3@D713A .<9DF=B7=D5@57H=J=HM:FCAK<=7IGH98:CFF9J9BI95@@C75H98HCJ5F=56@97CBG=89F5H=CB= 9 9GH=A5H98 F965H9G5B8DF=798=G7CIBHG 5G5DD@=756@9 IGHCA9FGHMD=75@@MD5M:CFDFC8I7H=CBD5FHG65G98CB7IGHCA5FM6IG=B9GGDF57H=79G K=H

 7A/55@35/B7=<=4'3D3

2D/<132 (753@73<13 /<2$B63@ )=B/:

7<;7::7=671"/@93B (CFH<A9F=75 IFCD9 '=88@9 5GH5B8:F=75 G=5*57=:=7 -CIH<A9F=75 T T .CH5@B9HG5@9G

2D/<132 (753@73<13 /<2$B63@ )=B/:

7<;7::7=671"/@93B (CFH<A9F=75 IFCD9 '=88@9 5GH5B8:F=75 G=5*57=:=7 -CIH<A9F=75 T .CH5@B9HG5@9G

2D/<132 (753@73<13 /<2$B63@ )=B/:

7<;7::7=671"/@93B (CFH<A9F=75 IFCD9 '=88@9 5GH5B8:F=75 G=5*57=:=7 -CIH<A9F=75 .CH5@B9HG5@9G

$CBAB/<27<5%3@4=@;/<13$0:75/B7=

=ABAB=$0B/7IB7H=CBK=H

8=F97H@M5HHF=6IH56@9HC57CBHF57H 5F9=B7F9A9BH5@5B8A5B5;9A9BH9LD97HGH<9:99GHC69F97CJ9F56@9 GC:979A69F 5B8 DH=J<5GF97CF898A=@@=CBC:K<=7<A=@@=CBK5G7@5GG=:=98K=H<=BCH<9F7IFF9BH5GG9HG5B8A=@@=CBK5G 7@5GG=:=98K=H<=BCH<9F@CB; H9FA5GG9HG5B8A=@@=CBC:K<=7<A=@@=CBK5G7@5GG=:=98K=H<=BCH<9F7IFF9BH5GG9HG5B8 A=@@=CBK5G7@5GG=:=98K=H<=BCH<9F@CB; H9FA5GG9HG F9GD97H=J9@M F9@5H98HCH<9G975D=H5@=N98ID:FCBH:99G 5D=H5@=N98ID:FCBH:99G5F95ACFH=N98HCF9J9BI965G98CBH<9HF5BG:9FC:;CC8G5B8G9FJ=79GHCH<97IGHCA9F:CFK<=7< H<9ID:FCBH:99GF9@5H9 K<=7

!(( !3/A3%=@B4=:7= .<9CAD5BM<5GCD9F5H=B;5B8:=B5B79@95G9G:CFF95@9GH5H9 C::=799EI=DA9BH 5IHCAC6=@9G :CF?@=:HG5B879FH5=BCH<9F 9EI=DA9BH .<9CAD5BMG@95G9G<5J9F9A5=B=B;@95G9H9FAGC:M95FHCM95FG GCA9C:K<=7<=B7@I89CDH=CBGHC9LH9B8 H<9@95G9G:CFIDHCM95FG 5B8GCA9C:K<=7<=B7@I89CDH=CBGHCH9FA=B5H9H<9@95G9GK=H<=BM95F 9FH5=BC:CIF@95G9 5;F99A9BHG=B7@I89F9BH5@D5MA9BHGK<=7<5F958>IGH98D9F=C8=75@@M:CF=B:@5H=CB )IF@95G95;F99A9BHG8CBCH7CBH5=B5BM A5H9F=5@F9G=8I5@J5@I9;I5F5BH99GCFA5H9F=5@F9GHF=7H=J97CJ9B5BHG 1<9B5J5=@56@9 K9IG9H<9F5H9=AD@=7=H=BH<9@95G9HC 8=G7CIBH@95G9D5MA9BHGHCDF9G9BHJ5@I9C=BHJ9BHIF9 5G:IFH<9F8=G7IGG98=B(CH9 "9@8:CF -5@9 DH=J5;F998HCGI6@95G979FH5=BC::=79GD579HC'CH=CB5@ K<=7<<5G5F9A5=B=B;@95G9H9FAC:5DDFCL=A5H9@MM95FG5GC: 979A69F .CH5@=B7CA9IB89FH<95;F99A9BHK5GA=@@=CB8IF=B;H<9M95F9B898979A69F .<9GI6@95G9 =B7CA95B8DH=JXG5GGC7=5H98CD9F5H=B;@95G97CGH5F9F97CF898HC7CGHC:G5@9G=BH<97CBGC@=85H98GH5H9A9BHC:CD9F5H=CBG .<9 CAD5BM69@=9J9GH<9H9FAGC:H<9@95G95;F99A9BH<5J9BCHG=;B=:=75BH@M699B5::97H986MH<9:57HH<9CAD5BM5B8H<9@9GG99 5F9F9@5H98D5FH=9G .<97CADCB9BHGC:@95G99LD9BG9K9F95G:C@@CKG

.3/@<232313;03@ 

7<;7::7=

 -IDD@9A9BH5@75G<:@CK5B8CH<9F=B:CFA5H=CBF9@5H98HC@95G9GK5G5G:C@@CKG

.3/@<232313;03@ 

7<;7::7=/724=@/;=C

-IDD@9A9BH5@65@5B79G<99H=B:CFA5H=CBF9@5H98HC@95G9GK5G5G:C@@CKG

313;03@ 

2=::/@A7<;7::7=3@/B7<5:3/A3A )D9F5H=B;@95G9F=;

,3756B32/D3@/53@3;/7<7<5:3/A3B3@; )D9F5H=B;@95G9G M95FG M95FG =B5B79@95G9G M95FG M95FG

,3756B32/D3@/5327A1=C

88=H=CB5@@M H<9CAD5BMF97@5GG=:=98A=@@=CBC:CD9F5H=B;@95G9F=;

 '5HIF=H=9GC:@95G9@=56=@=H=9GK9F95G:C@@CKG

$>3@/B7<5 7

7<;7::7=

GC:979A69F H<9CAD5BM<5G9BH9F98=BHC588=H=CB5@CD9F5H=B;@95G9G DF=A5F=@M:CFF95@9GH5H9 H<5H<5J9 BCHM9H7CAA9B798C:5DDFCL=A5H9@MA=@@=CB .<9G9CD9F5H=B;@95G9G5F95BH=7=D5H98HC7CAA9B79DF=A5F=@M=BK=H< @95G9H9FAGC:5DDFCL=A5H9@MM95FG

)" #(##('"#)(,)$*#)#)($#$*#)####! (!$(*' (CB9

)" $#)'$!(#%'$*'( D/:C/B7=<=47A1:=AC@3=

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

6/<53A7<=@B7<5 .<9F9K9F9BCA5H9F=5@7<5B;9G=BH<9CAD5BMXG=BH9FB5@7CBHFC@CJ9F:=B5B7=5@F9DCFH=B; =89BH=:=98=B7CBB97H=CBK=H< A5B5;9A9BHXG9J5@I5H=CBC:=BH9FB5@7CBHFC@CJ9F:=B5B7=5@F9DCFH=B; H<5HC77IFF988IF=B;H<9EI5FH9F5B8M95F9B898 979A69F H<5H<5J9A5H9F=5@@M5::97H98 CF5F9F95GCB56@M@=?9@MHCA5H9F=5@@M5::97H H<9CAD5BMXG=BH9FB5@7CBHFC@ CJ9F:=B5B7=5@F9DCFH=B;

)" $)'#$'")$# (CB9

%') )" ')$'(-*)+$'(#$'%$')$+'## .<9=B:CFA5H=CB75@@98:CF6M#H9A 5GHCH<95I8=H7CAA=HH995B8H<95I8=H7CAA=HH99:=B5B7=5@9LD9FH =G=B7CFDCF5H98 6MF9:9F9B79HCH<9CAD5BMXG9:=B=H=J9*FCLM-H5H9A9BHHC69:=@98K=H

)" -*)+$"%#()$# .<9=B:CFA5H=CB75@@98:CF6M#H9A=G=B7CFDCF5H986MF9:9F9B79HCH<9CAD5BMXG*FCLM-H5H9A9BHIB89FH<9<958=B;G U=F97HCFCAD9BG5H=CB VUCAD9BG5H=CB=G7IGG=CB5B8B5@MG=GV5B8UCAD9BG5H=CBCAA=HH99,9DCFH V

)" (*').$,#'(%$')##!$,#'(#"#"#)# '!)()$ $!'"))'( .<9=B:CFA5H=CB75@@98:CF6M#H9A 5GHCG97IF=HMCKB9FG<=DC:79FH5=B69B9:=7=5@CKB9FG 8=F97HCFG5B8A5B5;9A9BH =G=B7CFDCF5H986MF9:9F9B79HCH<9CAD5BMXG*FCLM-H5H9A9BHIB89FH<9<958=B;GU-97IF=HM)KB9FG<=DC:9FH5=B9B9:=7=5@ )KB9FGV5B8U-97IF=HM)KB9FG<=DC:'5B5;9A9BH V #B:CFA5H=CB5GC:979A69F 56CIHH<9CAD5BMXGCF8=B5FMG<5F9GH<5HA5M69=GGI98IB89F5@@C:=HG9EI=HM 7CAD9BG5H=CBD@5BG=GG9H:CFH<=B*5FH###H9AC:H<=GBBI5@,9DCFHCB CFA %

)" ')#'!)$#(%(#'!))'#()$#(#')$'#%## .<9=B:CFA5H=CB75@@98:CF6M#H9A 5GHC8=F97HCF=B89D9B89B79 =G=B7CFDCF5H986MF9:9F9B79HCH<9CAD5BMXG*FCLM -H5H9A9BHIB89FH<9<958=B;UC5F8*F57H=79G V.<9=B:CFA5H=CB75@@98:CF6M#H9A 5GHCF9@5H98D9FGCBHF5BG57H=CBG =G =B7CFDCF5H986MF9:9F9B79HCH<9CAD5BMXG*FCLM-H5H9A9BHIB89FH<9<958=B;U,9@5H=CBG<=DG5B8,9@5H98*5FHM .F5BG57H=CBG V

)" %'#%!$*#)#(#('+( .<9=B:CFA5H=CB75@@98:CF6M#H9A=G=B7CFDCF5H986MF9:9F9B79HCH<9CAD5BMXG*FCLM-H5H9A9BHIB89FH<9<958=B; U#B89D9B89BH,9;=GH9F98*I6@=777CIBH=B; =FAXG 99G V

 %')+ )" -)(##!())"#)(*!(

5.<9:C@@CK=B;8C7IA9BHG5F9:=@985GD5FHC:H<=G CFA %

 =B5B7=5@-H5H9A9BHG

%/53#= T,9DCFHGC:#B89D9B89BH,9;=GH9F98*I6@=777CIBH=B; =FA TCBGC@=85H98-H5H9A9BHGC:)D9F5H=CBG:CFH<9395FG B898979A69F 5B8 TCBGC@=85H98-H5H9A9BHGC:CADF9<9BG=J9#B7CA9:CFH<9395FG B898979A69F 5B8 TCBGC@=85H985@5B79-<99HG5GC:979A69F 5B8 TCBGC@=85H98-H5H9A9BHGC:5G< @CKG:CFH<9395FG B898979A69F 5B8 TCBGC@=85H98-H5H9A9BHGC:-<5F9

 =B5B7=5@-H5H9A9BH-7<98I@9 -" /& ##T0&/.#)((+/&# 3#(!)/(.-(, - ,0 -

227B7=3

5 88=H=CBG<5F;98HCCGHG5B8 LD9BG9G5B898I7H=CBG5F9DF=A5F=@MF9@5H98HCH5L56@9@CGG9G:CFK<=7

 L<=6=HG=B7@I8=B;H

F6707B #C;03@ 3A1@7>B7=< '5GH9F=GDCG=H=CB;F99A9BH5ACB;9@D<=CFDCF5H=CB !'CADCB9BHG"C@8=B;G && !9B9F5@'CHCFGCAD5BM 'CHCFG&=EI=85H=CBCAD5BM:?5!9B9F5@'CHCFGCFDCF5H=CB #*"C@87C && 5B8H<9CH<9FG9@@9FG5B8CH<9F6IM9FG D5FHMH<9F9HC 85H98$I@M -9D5F5H=CB5B8=GHF=6IH=CB;F99A9BH 85H985GC:(CJ9A69F 6M5B869HK99BDH=J*&5B89@D<=.97

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

=@98<9F9K=H< '5B5;9A9BH7CBHF57HCF7CAD9BG5HCFMD@5BCF5FF5B;9A9BH =@98K=H

 (#)*'( *IFGI5BHHCH<9F9EI=F9A9BHGC:-97H=CBCF8C:H<9-97IF=H=9G L7<5B;97HC: H<9F9;=GHF5BH<5G8I@M75IG98 H<=GF9DCFHHC69G=;B98CB=HG69<5@:6MH<9IB89FG=;B98 H<9F9IBHC8I@M5IH

*.#0*&

G$CG9D<, '5GG5FC M$CG9D<, '5GG5FC <=9: =B5B7=5@)::=79F5B8-9B=CF 0=79*F9G=89BH IG=B9GG )D9F5H=CBG

5H98 96FI5FM 

*IFGI5BHHCH<9F9EI=F9A9BHGC:H<9-97IF=H=9G L7<5B;97HC: H<=GF9DCFH<5G699BG=;B9869@CK5GC: 96FI5FM 6MH<9:C@@CK=B;D9FGCBGCB69<5@:C:H<9F9;=GHF5BH5B8=BH<975D57=H=9G=B8=75H98

-=;B5HIF9 .=H@9

G%9J=B* @5F? *F9G=89BH <=9: L97IH=J9)::=79F5B8=F97HCF *F=B7=D5@ L97IH=J9)::=79F %9J=B* @5F?

G$CG9D<, '5GG5FC <=9: =B5B7=5@)::=79F5B8-9B=CF0=79*F9G=89BH IG=B9GG)D9F5H=CBG $CG9D<, '5GG5FC *F=B7=D5@ =B5B7=5@)::=79F

G@@5B$ F5N=9F 0=79*F9G=89BH5B8<=9:77CIBH=B;)::=79F *F=B7=D5@77CIBH=B;)::=79F @@5B$ F5N=9F

G,5>=J& !IDH5 <5=FA5BC:H<9C5F8C:=F97HCFG ,5>=J& !IDH5

G,=7<5F8& @9AA9F =F97HCF ,=7<5F8& @9AA9F

G(5B7M CCD9F =F97HCF (5B7M CCD9F

G(=7

G$CG9D<& "CC@9M =F97HCF $CG9D<& "CC@9M

G-95B) '5

 G*5I@' '9=GH9F =F97HCF *5I@' '9=GH9F

G,C69FH% )FH69F; =F97HCF ,C69FH% )FH69F;

GC@=B$ *5FF=G =F97HCF C@=B$ *5FF=G

GB5! *=B7NI? =F97HCF B5! *=B7NI?

G&5KF9B79 4=AA9FA5B =F97HCF &5KF9B79 4=AA9FA5B

 

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

0"" .1.5 

/"2&*(.' "2&*(.' ."/&!"*0*!%&"#4" 10&2"##& ". .&* &,(4" 10&2"##& ". 

 

/3&0)"33"2/$&24*'94)"4 )"6&2&6*&7&%4)*3"..5",2&0/24/./2- /'04*6 "3&%/.-9+./7,&%(&4)*32&0/24%/&3./4$/.4"*.".95.425&34"4&-&.4/'"-"4&2*",'"$4/2/-*44/34"4&"-"4&2*", '"$4.&$&33"294/-"+&4)&34"4&-&.43-"%&*.,*()4/'4)&$*2$5-34".$&35.%&27)*$)35$)34"4&-&.437&2&-"%&./4 -*3,&"%*.(7*4)2&30&$44/4)&0&2*/%$/6&2&%#94)*32&0/24 "3&%/.-9+./7,&%(&4)&'*.".$*",34"4&-&.43".%/4)&2'*.".$*",*.'/2-"4*/.*.$,5%&%*.4)*32&0/24'"*2,902&3&.4 *.",,-"4&2*",2&30&$434)&'*.".$*",$/.%*4*/.2&35,43/'/0&2"4*/.3".%$"3)',/73/'4)&2&(*342".4"3/'".%'/24)& 0&2*/%302&3&.4&%*.4)*32&0/24 )&2&(*342".4;3/4)&2$&24*'9*.(/''*$&2".%"2&2&30/.3*#,&'/2&34"#,*3)*.(".%-"*.4"*.*.(%*3$,/352&$/.42/,3".% 02/$&%52&3"3%&'*.&%*.8$)".(&$45,&3 " &".% % &".%*.4&2.",$/.42/,/6&2'*.".$*",2&0/24*.( "3%&'*.&%*.8$)".(&$45,&3 " '".% % ''/24)&2&(*342".4".%)"6& " &3*(.&%35$)%*3$,/352&$/.42/,3".%02/$&%52&3/2$"53&%35$)%*3$,/352&$/.42/,3".%02/$&%52&34/#& %&3*(.&%5.%&2/52350&26*3*/.4/&.352&4)"4-"4&2*",*.'/2-"4*/.2&,"4*.(4/4)&2&(*342".4*.$,5%*.(*43 $/.3/,*%"4&%35#3*%*"2*&3*3-"%&+./7.4/53#9/4)&237*4)*.4)/3&&.4*4*&30"24*$5,"2,9%52*.(4)&0&2*/% *.7)*$)4)*32&0/24*3#&*.(02&0"2&% # &3*(.&%35$)*.4&2.",$/.42/,/6&2'*.".$*",2&0/24*.(/2$"53&%35$)*.4&2.",$/.42/,/6&2'*.".$*", 2&0/24*.(4/#&%&3*(.&%5.%&2/52350&26*3*/.4/02/6*%&2&"3/."#,&"3352".$&2&("2%*.(4)&2&,*"#*,*49/' '*.".$*",2&0/24*.(".%4)&02&0"2"4*/./''*.".$*",34"4&-&.43'/2&84&2.",0520/3&3*."$$/2%".$&7*4) (&.&2",,9"$$&04&%"$$/5.4*.(02*.$*0,&3 $ 6",5"4&%4)&&''&$4*6&.&33/'4)&2&(*342".4;3%*3$,/352&$/.42/,3".%02/$&%52&3".%02&3&.4&%*.4)*32&0/24 /52$/.$,53*/.3"#/544)&&''&$4*6&.&33/'4)&%*3$,/352&$/.42/,3".%02/$&%52&3"3/'4)&&.%/'4)&0&2*/% $/6&2&%#94)*32&0/24#"3&%/.35$)&6",5"4*/.".% % *3$,/3&%*.4)*32&0/24".9$)".(&*.4)&2&(*342".4;3*.4&2.",$/.42/,/6&2'*.".$*",2&0/24*.(4)"4/$$522&% %52*.(4)&2&(*342".4;3-/342&$&.4'*3$",15"24&24)&2&(*342".4;3'/524)'*3$",15"24&2*.4)&$"3&/'"."..5", 2&0/244)"4)"3-"4&2*",,9"''&$4&%/2*32&"3/."#,9,*+&,94/-"4&2*",,9"''&$44)&2&(*342".4;3*.4&2.",$/.42/, /6&2'*.".$*",2&0/24*.(".% )&2&(*342".4;3/4)&2$&24*'9*.(/''*$&2".%)"6&%*3$,/3&%#"3&%/./52-/342&$&.4&6",5"4*/./'*.4&2.",$/.42/, /6&2'*.".$*",2&0/24*.(4/4)&2&(*342".4;3"5%*4/23".%4)&"5%*4$/--*44&&/'4)&2&(*342".4;3#/"2%/'%*2&$4/23/2 0&23/.30&2'/2-*.(4)&&15*6",&.4'5.$4*/.3 " ,,3*(.*'*$".4%&'*$*&.$*&3".%-"4&2*",7&"+.&33&3*.4)&%&3*(./2/0&2"4*/./'*.4&2.",$/.42/,/6&2 '*.".$*",2&0/24*.(7)*$)"2&2&"3/."#,9,*+&,94/"%6&23&,9"''&$44)&2&(*342".4;3"#*,*494/2&$/2%02/$&33 35--"2*:&".%2&0/24'*.".$*",*.'/2-"4*/.".% # .9'2"5%7)&4)&2/2./4-"4&2*",4)"4*.6/,6&3-"."(&-&.4/2/4)&2&-0,/9&&37)/)"6&"3*(.*'*$".42/,& *.4)&2&(*342".4;3*.4&2.",$/.42/,/6&2'*.".$*",2&0/24*.(

"4&"29 

3/3&0)"33"2/ /3&0)"33"2/ )*&'*.".$*",''*$&2".% &.*/2!*$&2&3*%&.4 53*.&330&2"4*/.3 2*.$*0",*.".$*",''*$&2 # ! !"

 

-#.--%#3).-6)3(3(%&)+)-'.&3()2!--4!+1%/.13.-.1, .&/3)53(%9.,/!-8:&.13(%/%1).$%-$%$ %#%,"%1 6)3(3(%%#41)3)%2!-$7#(!-'%.,,)22).-.-3(%$!3%(%1%.&3(%9%/.13:%5)-+!1*()%& 7%#43)5%&&)#%1#%13)&8/4124!-33. %#3).- !2!$./3%$/4124!-33.%#3).-.&3(%!1"!-%27+%8#3 .& 3.3(%"%23.&,8*-.6+%$'%3(!3

(%%/.13&4++8#.,/+)%26)3(3(%1%04)1%,%-32.&2%#3).- !.1 $.&3(%%#41)3)%27#(!-'%#3.& !-$ (%)-&.1,!3).-#.-3!)-%$)-3(%%/.13&!)1+8/1%2%-32)-!++,!3%1)!+1%2/%#323(%&)-!-#)!+#.-$)3).-!-$1%24+32.& ./%1!3).-2.&3(%.,/!-8

!3%%"14!18 2%5)-+!1* %5)-+!1* 1%2)$%-3!-$()%&7%#43)5%&&)#%1 1)-#)/!+7%#43)5%&&)#%1 2)'-%$.1)')-!+.&3()261)33%-23!3%,%-31%04)1%$"8%#3).-(!2"%%-/1.5)$%$3.3(%.,/!-8!-$6)++"%1%3!)-%$"8 3(%.,/!-8!-$&41-)2(%$3.3(%%#41)3)%2!-$7#(!-'%.,,)22).-.1)3223!&&4/.-1%04%23 # ! !"

 

1'211)'7-21:-7,7,)*-/-1+2*7,-6%118%/5)325721250 2*37-9 7,)=203%1<>*257,)3)5-2()1()( )')0&)5 :-7,7,)!)'85-7-)6%1(;',%1+)200-66-21217,)(%7),)5)2*7,)= )3257>26)3, %66%52 ,-)*-1%1'-%/**-')5')57-*<38568%1772 #!!)'7-21 %6%(237)(38568%1772!)'7-212*7,)!%5&%1)6;/)< '72* 727,)&)672*0<.12:/)(+)7,%7

",) )3257*8//<'203/-)6:-7,7,)5)48-5)0)1762*6)'7-21 %25 (2*7,)!)'85-7-)6;',%1+)'72* %1( ",)-1*250%7-21'217%-1)(-17,) )3257*%-5/<35)6)176-1%//0%7)5-%/5)63)'767,)*-1%1'-%/'21(-7-21%1(5)68/762* 23)5%7-2162*7,)203%1<

%7))&58%5< 626)3, %66%52 26)3, %66%52 ,-)*-1%1'-%/**-')5%1(!)1-25$-') 5)6-()17 86-1)663)5%7-216 5-1'-3%/-1%1'-%/**-')5 6-+1)(25-+-1%/2*7,-6:5-77)167%7)0)175)48-5)(&

BOARD OF DIRECTORS SENIOR LEADERSHIP COMPANY AND INVESTOR INFORMATION

RAJIV L. GUPTA KEVIN P. CLARK ANNUAL MEETING Chairman of the Board, President and Chief Executive Ofﬁcer Aptiv’s Annual Meeting of Shareholders will Former Chairman and be held on Friday, April 30, 2021, at 8:00 a.m. Chief Executive Ofﬁcer, PASQUALE ABRUZZESE Eastern time, live via the internet at Rohm and Haas Company Vice President, Global Manufacturing www.virtualshareholdermeeting.com/APTV2021.

KEVIN P. CLARK ARTURO ALVAREZ GLOBAL HEADQUARTERS President and Chief Executive Officer, President, Latin America 5 Hanover Quay Aptiv PLC Grand Canal Dock TIM J. CLARK Dublin 2, Ireland, D02VY79 RICHARD L. CLEMMER Senior Vice President, Former Chief Executive Officer and Supply Chain Management INDEPENDENT AUDITORS President, NXP Semiconductors Ernst & Young LLP GLEN W. DE VOS NANCY E. COOPER Senior Vice President and Chief STOCK EXCHANGE Former Executive Vice President Technology Officer The company’s ordinary shares are and Chief Financial Officer, traded on the New York Stock Exchange CA Technologies MICHAEL GASSEN under the ticker symbol APTV. Senior Vice President, Sales, and NICHOLAS M. DONOFRIO President, Europe, Middle East, SHAREHOLDER SERVICES Fellow Emeritus and Former Africa and Russia Information about change of address, Executive Vice President, ownership transfer or other shareholder Innovation and Technology, JOSEPH R. MASSARO matters can be obtained from: International Business Machines Chief Financial Officer and Senior Vice Corporation President, Business Operations First Class/Registered/Certified Mail: Computershare Investor Services JOSEPH L. (JAY) HOOLEY WENDY F. MILLER P.O. BOX 505000 Former Chairman and Senior Vice President and Louisville, KY 40233 Chief Executive Officer, Chief Marketing Officer State Street Corporation Overnight Delivery: DAVID PAJA Computershare Investor Services SEAN O. MAHONEY Senior Vice President and President, 462 South 4th Street, Suite 1600 Private Investor Advanced Safety & User Experience Louisville, KY 40202

PAUL M. MEISTER MATTHEW PETERSON Shareholder Services Number: Co-founder and Chief Senior Vice President and (877) 373-6374 Executive Officer, Chief Information Officer Liberty Lane Partners LLC Investor Centre™ portal: WILLIAM T. PRESLEY www.computershare.com/investor ROBERT K. (KELLY) ORTBERG Senior Vice President and President, Special Advisor to the Signal & Power Solutions INVESTOR RELATIONS CONTACT Office of the CEO, Copies of the Annual Report, Forms Raytheon Technologies Corporation ELENA ROSMAN 10-K and 10-Q, and other Aptiv publications Vice President, Investor Relations are available via Aptiv’s COLIN J. PARRIS website at ir.aptiv.com or contact: Senior Vice President and Chief Technology Officer at GE Digital STEFAN RUSTLER President, Aptiv Investor Relations Automotive Connection Systems 125 Park Avenue, Suite 1535 ANA G. PINCZUK New York, NY 10017 Chief Development Officer, Email: [email protected] Anaplan, Inc. DAVID M. SHERBIN Senior Vice President, General Counsel, Chief Compliance Officer and Secretary COMPANY CERTIFICATIONS LAWRENCE A. ZIMMERMAN Aptiv has filed as exhibits to its Annual Former Vice Chairman and Report on Form 10-K for the fiscal year MARIYA K. TRI Chief Financial Officer, CKETT ended December 31, 2020, the Chief Xerox Corporation Senior Vice President and Executive Officer and Chief Financial Officer Chief Human Resources Officer certificates required by Section 302 of the Sarbanes-Oxley Act of 2002. SIMON X. YANG President, Asia Pacific @aptiv Value creation has always been“ a top priority for our management team, and we continue to fully invest in strategic growth initiatives, including high-voltage electrification, active safety, vehicle connectivity and Smart Vehicle Architecture™. In early 2021 we unveiled the latest results of those investments in our Innovation in Motion virtual event, spotlighting advances that further expand our competitive moat of leading mobility solutions. ”